INDEX.

Objects, 167; Officers and creditors, | Clothing products, 50
liability of, 172; Old corporations
may reorganize under this law, 172;
Organized under State law, 167;
Penalties and forfeitures, 168, 171;
Shareholders, dissenting, rights of,
173; liability, 172; not exempt by
reason of losses, etc., 172; Shares
up to $600 exempt from execution,
172; Subscribers, 168; rights of,
169; Usury, 172

Coinage a sovereign prerogative, 15
Coinage, free, 24
Coins, 15

Checks, 253

Cashiers' checks,

257; Course

Government control of, 23
Commercial agencies, 234
Commercial bills, 243
Commercial houses, 230
Competition and combination, 55, 56
Comptroller of currency, 71
Co-operative Loan Associations, 173
Accumulations, 175; Attorney, 174;
By-laws, 174; Capital stock, 174;
Directors, board of, 173; Dues,
174; Entrance fee, 175; Fines,
174: Objects, 173; Officers, 173;
Organization, certificate of, 173;
Organizers, 173; Payments, when
to cease, 175; Shareholders, 175;
Shares, 174; Shares, unpledged,
may be retired by directors, 175;
Treasurer and secretary, 175
Copper, 61
Corporations, 200

Directors, residence of, 204; In-
corporation, certificate of, 204;
Objects, 200; Permits, 203; Per-
petuity, 200; Privileges, 200, 204;
Property owners, consent, 203;
Resident attorney in fact, 204;
Stock and transfer books, 204;
Taxation, 202; Treasury stock,

204

through bank, 256; Devices for Corporations-Duties of officers

protection, 255

Cheque banks, 242

Clearings, annual, 32

Clearing House (New York), 132

Assistant secretary, 205; Bank to
be named, 206; Commissioners or
committee, 205; Directors, board
of, 207; General manager, 207;
President, 205; Secretary, 205;
treasurer, 205;
Secretary and
Treasurer, 205; Vice-president,

205
Coupons, 217
Credit

Balances, how paid, 135; Clear-
ances, average annual, 135; Clear-
ing charge, 133; Clearing house
certificates, 136; Clearings, annual,
132; Creditor banks, 135; Debtor
banks, 135; Delivery and settling
clerks, 134; Dues, annual, 133;
England, when clearing houses first
established in, 134; Government of
New York Clearing House, 137;
Importance of New York Clearing
House, 135; London Clearing
House, clearances, 136; Member-
ship, conditions of, 133; Object, Currency, governmental control of,
133: Officers and committees, 133; 24-26
Operation, 134; Original member- Currency, 10, II

ship, 132; Proof clerk, 134; Sub-

Treasury, 133

Amount, 32; on what extended,
34, 35; system of country, 33;
Importance of, 7, 8, 32; Money an
auxiliary to, 33; Paper money, 33;
Principles of credit, 31; Credit
Revenue of, to bankers, 35
Creditor banks, 135

of United States, 62;
cates, 63

-

certifi-

Current interest, 35; Discount, 35;
Interest laws of States, 268; Interest
warrants, 229; Legal interest, 35;
Legal rate arbitrary, 35; to protect
debtors, 38; Market, 36; Principal,
35; Rate, 35; by what governed,
36, 37

good, 82, 83; minimum, 73; not
to be withdrawn, 82; Capital stock,
73; how paid in, 73; how trans-
ferable, 73; not to be received as
collateral, 82; Central reserve cities,
79, 80; Certificate to be published,
74; Character of reserve and where
kept, 79, 80; Circulating notes, 76;
furnished by comptroller, form,
dies, etc., 76; not to be hypothe-
cated, 82; not to be used for adver-
tising, 79; Clearing house certifi-
cates, 80; Comptroller of currency,
71; Comptroller and treasurer given
access to each other's books, 75;
discretion of, 89; to decide if bank
is entitled to commence business,
74; Consolidation, 86; Contracts,
suits, 72; Corporate life, twenty
years, 71; powers, 71; Decrease of
bond deposit, 74; Deposit of bonds,
74; minimum, 74; with United
States Treasurer, 74; Depository

73; increase or decrease, 77; Sur-
plus, 81; Taxes, 70, 84; Transfers
of bonds, 74; United States first
lien on assets, 87; Usury, penal, 81
National gold banks, 79, 80
Necessities of most universal value, 50
New York Stock Exchange, 196

Charges, 197; Devices, 199; Gala
days, 198; Gratuity fund, 198;
Membership, 198; Over-certifica-
tion, 198; Seats, 198; Stock deliv-
eries, 198; how and when paid for,
198.
Nickel, 60
Notary, 251

Note brokers, 192
Notes, indorsements of, liability of
maker, how limited, 246
Notice of Protest, 252

Papers, 243, 250
Pools, 190

Р

Postage stamps as money, 22
Post office orders, fees charged, 240
Preservative commodities, 50
Price, 48

of government funds, 78; Destruc- Over-certification, 112
tion of plates, dies, etc., 77; Direc-
tors, election of, qualifications, etc.,
77; Directors, officers, 72; Disso-
lution, notice to be sent comptroller
and published, 86; voluntary, 86;
Dividends, 81, 82; penalty for fail-
ure to report, 84; shall not exceed
net profits, 82; to be reported to
comptroller, 84; Examination of
plates, dies, etc., 77; ordered by
comptroller on notice of protest of
circulating notes, 87; Examiners'
powers and fees, 85; Executors not
personally liable, 78; Expense of
issue, how paid, 76; Gold banks,
79, 80; Incidental powers, 72; In-
corporators' organization certificate,
71; Increase of bond deposit, 75;
Interest, 81; Lawful money, defini-
tion, 79; reserve, 80; Liabilities,
82; not to be increased, 80; Liqui-
dation, 86; Maximum loan to one
party, 81; May only issue notes
furnished by the Federal Govern-
ment, 77; National bank notes not
to be used for advertising purposes,
penalty, 79; National banks, func-
tions of, 72; must receive each
other's notes at par, 81; "Natural
persons" defined, 71; State banks
may reorganize as national banks,
79; Stock sold on failure to pay, Presentation of notes, drafts, etc., 251

com-

Competition and combination, 55,
56; Corner, 57; Demand, effective,
54; Distinction between price and
value, 48; Distribution, 53; Ex-
cessive production, waste, 53; Fac-
tors of price, 52; Iligh prices, 55;
Import duties, 57; Individual re-
straints of trade, 57; Labor, 49;
Low prices, 54; Monopoly, when
possible, 56; Preservative
modities, increase in value, 58, 59;
Price of wheat, 53; Production,
cost of, 52; Railways, canals,
steamships, 53; Restraint of trade,
56; Restricted circulation of metals,
59; Retail price, 50; Standard of
value, effect on price, 57; Supply
and demand, 54; Supply, available,
54; Trades unions, 55; Transpor-
tation and procurability, 52; Trusts,
55