Funds and Their Uses: A Book Describing the Methods, Instruments, and Institutions Employed in Modern Financial TransactionsD. Appleton, 1902 - 304 páginas |
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Página 13
... ment . Complying with this demand , A executes a mortgage on his farm as " security " for the payment of the note . The mortgage is a conditional deed to his land , the condi- tion being that in case A fails to pay the note when due , B ...
... ment . Complying with this demand , A executes a mortgage on his farm as " security " for the payment of the note . The mortgage is a conditional deed to his land , the condi- tion being that in case A fails to pay the note when due , B ...
Página 22
... ment of a a money it is difficult to come to a conclusion standard . in trade . Commercial transactions become in- volved ; the bickering necessary to a sale is a long process . Exchange with such a money would be little better than ...
... ment of a a money it is difficult to come to a conclusion standard . in trade . Commercial transactions become in- volved ; the bickering necessary to a sale is a long process . Exchange with such a money would be little better than ...
Página 35
... ment is that Gates's promises to pay $ 300,000 with interest at 5 per cent are more desirable than his own business as a broker . But why ? Before an exchange can take place the conclusion must be reached ; but by what process ? The ...
... ment is that Gates's promises to pay $ 300,000 with interest at 5 per cent are more desirable than his own business as a broker . But why ? Before an exchange can take place the conclusion must be reached ; but by what process ? The ...
Página 36
... ment of his promise to the payment of the claim when due . These two judgments lie at the basis of all credit ; on these two elements does the value of credit rest . ( 1 ) A judgment that the one promising is able to fulfil his promise ...
... ment of his promise to the payment of the claim when due . These two judgments lie at the basis of all credit ; on these two elements does the value of credit rest . ( 1 ) A judgment that the one promising is able to fulfil his promise ...
Página 42
... ment of a bank is directed toward this end , and its success or failure depends on maintaining its credit currency . The obligation of the bank is to pay money on demand . It must always keep in stock a " money fund " sufficient to meet ...
... ment of a bank is directed toward this end , and its success or failure depends on maintaining its credit currency . The obligation of the bank is to pay money on demand . It must always keep in stock a " money fund " sufficient to meet ...
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Términos y frases comunes
advantage amount bank credit Bank of United bearer Bill of Lading bills bonds brokers Brown capital cash cent certificate City collateral collateral contract commercial commercial paper common contract of security corporation credit funds credit money current funds delivery of money demand deposit dividends Dollars draft equipment exchange Falls City future delivery give Government guarantee holder income indorsement industrial instrument interest investment issued judgment labor loans maker maturity ment money fund month mortgage National Bank obligation obtaining funds offer organization paid parties payable payee payment Philadelphia Port Deposit preferred stock premium present profits promise to pay promissory note purchase Railroad Reading Company redemption reserve risk savings savings-bank sell serve shares short sale silver sold stockholders thereof tion transactions transfer Treasury Trust Company United United States notes usually value received wheat York
Pasajes populares
Página 260 - Whether the responsibility, character and general fitness for the discharge of the duties appertaining to such a trust...
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 86 - 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 125 - And do hereby confess judgment for the above sum, with interest and costs of suit, a release of all errors, and waiver of all rights to inquisition and appeal, and to the benefit of all laws exempting real or personal property from levy and sale.
Página 261 - To receive deposits of trust moneys, securities and other personal property from any person or corporation, and to loan money on real or personal securities.
Página 216 - ... in the latter part of the eighteenth century and the first part of the nineteenth.
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...