Funds and Their Uses: A Book Describing the Methods, Instruments, and Institutions Employed in Modern Financial Transactions

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D. Appleton, 1903 - 304 páginas

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Página 216 - ... in the latter part of the eighteenth century and the first part of the nineteenth.
Página 260 - Whether the responsibility, character and general fitness for the discharge of the duties appertaining to such a trust...
Página 155 - In witness whereof we have hereunto set our hands and seals this 21st day of July, AD 1903.
Página 262 - ... purchase and convey any and all real property necessary in the transaction of its business, or which the purposes of the corporation may require, or which it shall acquire in satisfaction or partial satisfaction of debts due the corporation under sales, judgments or mortgages, or in settlement or partial settlement of debts due the corporation by any of its debtors.
Página 261 - ... or committed to it by any person or persons, or any body politic, corporation or other authority, by grant, assignment, transfer, devise, bequest or otherwise, or which may be intrusted or committed or transferred to it or vested in it by order of any court of record, or any surrogate, and to receive and take and hold any property or estate, real or personal, which may be the subject of any such trust.
Página 84 - To set an example of modest, unostentatious living, shunning display or extravagance; to provide moderately for the legitimate wants of those dependent upon him; and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer in the manner which, in his judgment, is best calculated to produce the most beneficial results for the community...
Página 260 - ... to the persons named in such certificate, or to a portion of them, together with such other persons as a majority of those named in such organization certificate shall by writing approve, which certificate, so issued by him, shall authorize the persons named therein to become a trust company as designated in the organization certificate...
Página 261 - To take, accept and execute any and all such legal trusts, duties and powers in regard to the holding, management and disposition of any estate, real or personal, and the rents and profits thereof, or the sale thereof, as may be granted or confided to it by any court of record, or by any person, corporation...
Página 156 - THE CONDITION of this obligation is such, that if the above bound Andrew Brown, his heirs, executors, administrators, or any of them, shall and do well and truly pay...
Página 259 - The name, residence, and, if in a city, the street and number, occupation and post-office address, of each member of the corporation. 4. A declaration that each member of the corporation will accept the responsibilities and faithfully discharge the duties of a trustee in such corporation when authorized according to the provisions of law.

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