The A B C of Banks and BankingS. A. Nelson, 1901 - 126 páginas |
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Página 41
... deducted , all profits made from various sources are called " gross earnings . " When expenses are deducted from " gross earnings , " the remainder is called " net earnings . " But a bank usually incurs some losses on loans and other ...
... deducted , all profits made from various sources are called " gross earnings . " When expenses are deducted from " gross earnings , " the remainder is called " net earnings . " But a bank usually incurs some losses on loans and other ...
Página 61
... DEDUCTIONS ALLOWED . Checks on other Banks in the same place . Exchanges for Clearing House ...... National Bank Notes Fifteen per cent of this amount is the entire Reserve required , which 18 ..... Deduct 5 per cent Redemption Fund ...
... DEDUCTIONS ALLOWED . Checks on other Banks in the same place . Exchanges for Clearing House ...... National Bank Notes Fifteen per cent of this amount is the entire Reserve required , which 18 ..... Deduct 5 per cent Redemption Fund ...
Página 77
... deducted , which would cause him to receive something less than $ 100 as the pro- ceeds , and in this case he would pay what is called " bank discount , " which amounts to interest on interest for the time the note runs . The same rule ...
... deducted , which would cause him to receive something less than $ 100 as the pro- ceeds , and in this case he would pay what is called " bank discount , " which amounts to interest on interest for the time the note runs . The same rule ...
Página 81
... deducted must also cover this expense . When a bank buys bills of exchange it will get back as much of its money as it can by selling its drafts or bills of exchange to parties who wish to remit money in payment of goods bought or other ...
... deducted must also cover this expense . When a bank buys bills of exchange it will get back as much of its money as it can by selling its drafts or bills of exchange to parties who wish to remit money in payment of goods bought or other ...
Página 88
... deducted from the face of the check or draft . For checks drawn on banks in the United States this rate of ex ... deduction or discount is made to compensate the bank for the loss of interest to the bank until the amount advanced on the ...
... deducted from the face of the check or draft . For checks drawn on banks in the United States this rate of ex ... deduction or discount is made to compensate the bank for the loss of interest to the bank until the amount advanced on the ...
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Términos y frases comunes
amount assets balance column bank issuing bank notes bank's banking institutions bills of exchange board of directors bookkeeper borrow money called capital stock cash cashier cent certificate of stock certificates of deposit CHAPTER checks drawn checks paid circulating notes clearing house clerk close of business Cobleskill collateral collection commercial banks corporation creditors currency customers deducted demand depositor dividends Dollars drafts earnings endorsed entries expenses following form hand holders individual ledger invest last report letter of credit liabilities loan and trust loans and discounts loss maker mortgage National Bank National Bank Act Notary Public number of shares officers owner paper par value party pass-book payable paying teller payment person preferred stock printed promissory note proper real estate receipt receiving teller representing safe-keeping savings banks sell shareholders signature signed stub surplus fund tion trust companies undivided profits usually
Pasajes populares
Página 21 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt...
Página 51 - CD, of &.C., my true and lawful attorney, for me, and in my name, place, and stead, to...
Página 22 - Fifth. To elect or appoint directors, and by its board of directors to appoint a president, vice-president, cashier, and other officers, define their duties, require bonds of them, and fix the penalty thereof, 437 dismiss such officers or any of them at pleasure, and appoint others to fill their places.
Página 51 - ... giving and granting unto my said attorney full power and authority to do and perform all and every act and thing whatsoever requisite and necessary to be done in and about the premises, as fully to all intents and purposes as I might or could do if personally present...
Página 52 - On this day of ,196 before me, the subscriber, personally came to me personally known and known to me to be the same person described in and who executed the foregoing Instrument and he acknowledged to me that he executed the same.
Página 105 - The directors shall have power to elect a vice-president, who shall also be a member of the board of directors, and who shall be authorized, in the absence or inability of the president from any cause, to perform all acts and duties pertaining to the office of president except such as the president only is authorized by law to perform...
Página 22 - Board, by-laws not inconsistent with law, regulating the manner in which its stock shall be transferred, its directors elected, its officers elected or appointed, its property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed.
Página 52 - IN WITNESS WHEREOF, have hereunto set hand and seal the day of in the year of our Lord one thousand nine hundred and Sealed and delivered in the presence of STATE OF.
Página 29 - ... 1. To act as the fiscal or transfer agent of any state, municipality, body politic or corporation; and in such capacity to receive and disburse money, to transfer, register and countersign certificates of stock, bonds or other evidences of indebtedness, and to act as agent of any corporation, foreign or domestic, for any lawful purpose.
Página 52 - Company, named in the foregoing certificate, and acknowledged the signing of such certificate to be their voluntary act and deed. In testimony whereof, I have hereunto subscribed my name and affixed my official seal on the day and year first above written.