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 |
Dentro del libro
Resultados 1-5 de 33
Página 35
... collected . The distinction between the current or market rate of interest and the legal rate must be borne in mind . The legal rate is an arbitrary one fixed by law , whereas the market rate is governed by the conditions and principles ...
... collected . The distinction between the current or market rate of interest and the legal rate must be borne in mind . The legal rate is an arbitrary one fixed by law , whereas the market rate is governed by the conditions and principles ...
Página 38
... collection of any agreed rate of interest between borrower and lender , and that the legal rate is usually fixed not to interfere with private contracts , but to protect debtors against unfair exactions on the part of their creditors ...
... collection of any agreed rate of interest between borrower and lender , and that the legal rate is usually fixed not to interfere with private contracts , but to protect debtors against unfair exactions on the part of their creditors ...
Página 45
... collect his bill of exchange when presented for payment , which risk ought not to be assumed without his receiving therefor a premium sufficient , considering the financial standing of the payee , to compensate him . It is true that he ...
... collect his bill of exchange when presented for payment , which risk ought not to be assumed without his receiving therefor a premium sufficient , considering the financial standing of the payee , to compensate him . It is true that he ...
Página 82
... collected by the asso- ciation . 3d . Bills of exchange or drafts drawn against money actually on deposit to the ... collection , shall be considered " bad debts . " ( 6 Every association which shall have failed to pay up its capital ...
... collected by the asso- ciation . 3d . Bills of exchange or drafts drawn against money actually on deposit to the ... collection , shall be considered " bad debts . " ( 6 Every association which shall have failed to pay up its capital ...
Página 84
... collected under this section shall be paid into the Treasury of the United States . The following taxes are payable , on the average amount of its circulating notes , in January and July of each year one half of one per cent . Semi ...
... collected under this section shall be paid into the Treasury of the United States . The following taxes are payable , on the average amount of its circulating notes , in January and July of each year one half of one per cent . Semi ...
Otras ediciones - Ver todas
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.