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 17
... circulate at about its real value , unless the difference between its face value and its real value is guaranteed by some responsible government . Fiat Money . This is money issued by a state with presumable power to enforce its ...
... circulate at about its real value , unless the difference between its face value and its real value is guaranteed by some responsible government . Fiat Money . This is money issued by a state with presumable power to enforce its ...
Página 19
... circulating notes against real estate and various personal and other kinds of security . It did not take long to ... circulate freely , must purport on their face to be redeemable in coin , and while the land might be of ample value to ...
... circulating notes against real estate and various personal and other kinds of security . It did not take long to ... circulate freely , must purport on their face to be redeemable in coin , and while the land might be of ample value to ...
Página 20
... circulating notes ( see State Banks ) . Paper money to be of any value must be secured by some value , and when so ... circulate , is that all its holders will not wish its redemption in coin at the same time . Additional value and ...
... circulating notes ( see State Banks ) . Paper money to be of any value must be secured by some value , and when so ... circulate , is that all its holders will not wish its redemption in coin at the same time . Additional value and ...
Página 33
... circulate , as its circulation to be of most use must be largely at those seasons of the year when practically the whole agricultural interests of a country are debtors , and debtors to an amount greatly in excess of the whole currency ...
... circulate , as its circulation to be of most use must be largely at those seasons of the year when practically the whole agricultural interests of a country are debtors , and debtors to an amount greatly in excess of the whole currency ...
Página 58
... circulating medium had increased out of proportion to its production , because as a standard it simply bears an abstract relation to other commodities . It could only as a measure of value itself increase in value and the things ...
... circulating medium had increased out of proportion to its production , because as a standard it simply bears an abstract relation to other commodities . It could only as a measure of value itself increase in value and the things ...
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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.