Principles and Practice of Finance: A Practical Guide for Bankers, Merchants and Lawyers. Together with a Summary of the National and State Banking Laws, and the Legal Rates of Interest, Tables of Foreign Coins, and a Glossary of Commercial and Financial TermsG. P. Putnam's Sons, 1895 - 311 páginas |
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Página 5
... accepted as such measure . Thus , among pas- toral people , the sheep , horse , or cow was the measure of value ; whereas , among agricultural people , a given quan- tity of some cereal was doubtless used for this purpose . As long as ...
... accepted as such measure . Thus , among pas- toral people , the sheep , horse , or cow was the measure of value ; whereas , among agricultural people , a given quan- tity of some cereal was doubtless used for this purpose . As long as ...
Página 6
... accepted standard became absolutely necessary . We have now come to the consideration of one of the functions of money which will be treated more in detail under the head of money . We have neither the time nor the inclination to trace ...
... accepted standard became absolutely necessary . We have now come to the consideration of one of the functions of money which will be treated more in detail under the head of money . We have neither the time nor the inclination to trace ...
Página 10
... accepted as the money of civilization , and all paper money ( credits ) or promises to pay are payable in some one or more of these metals . It may be well to remark parenthetically that while money is currency , currency is not ...
... accepted as the money of civilization , and all paper money ( credits ) or promises to pay are payable in some one or more of these metals . It may be well to remark parenthetically that while money is currency , currency is not ...
Página 12
... accepted measure of value , but only deprives it of one function and makes it subsidiary in one respect , as a measure of value , to the money which is such measure ; nor does it deprive it of its intrinsic value , which still remains ...
... accepted measure of value , but only deprives it of one function and makes it subsidiary in one respect , as a measure of value , to the money which is such measure ; nor does it deprive it of its intrinsic value , which still remains ...
Página 13
... accepted as represent- ing so much gold value . To repeat , -values are fixed by the exchangeable worth of the surplus of products in the markets of the world . Gold is the standard employed in those markets , consequently the universal ...
... accepted as represent- ing so much gold value . To repeat , -values are fixed by the exchangeable worth of the surplus of products in the markets of the world . Gold is the standard employed in those markets , consequently the universal ...
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Términos y frases comunes
amount association bankers banking laws bills of exchange Board of Directors bonds brokers bullion capital stock cashier cent central reserve certificate certificates of deposit charge circulating notes Clearing House clerks coin collateral commercial paper commodities Comptroller corporation creditors currency debits debt demand depositors discount dividends dollars Drachma drafts duties earnings endorser fiat money filed forfeiture funds grains holder issue Legal holidays legal tender liability loans Maximum contract rate ment metal Milreis mortgage National Banking Act national banks necessary notice obligations organization certificate paid paper money payable payment penalty person premium present principal promissory notes provisions purchase rate of interest receipt receive savings bank securities sell shareholders shares Stock Brokers stockholders Superintendent of Banks surplus teller thereof tion transaction transfer Treasury trust company United Usury York
Pasajes populares
Página 72 - 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 76 - Federal reserve bank making such deposit in the manner provided by existing law, shall be entitled to receive from the Comptroller of the Currency circulating notes in blank, registered and countersigned as provided by law, equal in amount to the par value of the bonds so deposited.
Página 104 - The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Página 78 - States it is provided that the shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Página 78 - ... except that shareholders of any banking association now existing under State laws, having not less than five millions of dollars of capital actually paid in, and a surplus of twenty per centum on hand, both to be determined by the Comptroller of the Currency, shall be liable only to the amount invested in their shares; and such surplus of twenty per centum shall be kept undiminished, and be in addition to the surplus provided for in this Title...
Página 100 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees or mortgages held by the association, or shall purchase to secure debts due to it.
Página 104 - AS used in this section, shall apply not only to such persons as appear by the books of the corporation to be such, but also to every equitable owner of stock, although the same appear on the books in the name of another...
Página 157 - To take, accept and execute any and all such trusts and powers of whatever nature or description as may be conferred upon or entrusted or committed to it by any person or persons...
Página 71 - The names and places of residence of the shareholders and the number of shares held by each of them. Fifth. The fact that the certificate is made to enable such persons to avail themselves of the advantages of this Title.
Página 107 - Issues or puts in circulation any bank bill or note of any such corporation or banker, unless the same shall be made payable on demand and without interest, except bills of exchange on foreign countries or places beyond the limits or jurisdiction of the United States; Is guilty of a misdemeanor.