Trust Companies: Their Organization, Growth and ManagementBankers Publishing Company, 1909 - 481 páginas |
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Página 33
... duties as trustee . The same intention is evident in the name " trust company ” —i . e . , a company organized to accept and execute trusts . Webster defines a trust as " something committed to a person's care for use or management ...
... duties as trustee . The same intention is evident in the name " trust company ” —i . e . , a company organized to accept and execute trusts . Webster defines a trust as " something committed to a person's care for use or management ...
Página 34
... duties as trustee . There are certain forms of trustee work , how- ever , which occur so frequently that they have come to be referred to by special names , and it will be convenient to consider the various functions in the following ...
... duties as trustee . There are certain forms of trustee work , how- ever , which occur so frequently that they have come to be referred to by special names , and it will be convenient to consider the various functions in the following ...
Página 36
... duties brings it into close touch with those whose affairs it handles . It is customary for trust companies to keep all trust funds entirely separate from their general assets ; and , indeed , this is required by law in many States ...
... duties brings it into close touch with those whose affairs it handles . It is customary for trust companies to keep all trust funds entirely separate from their general assets ; and , indeed , this is required by law in many States ...
Página 37
... duties entrusted to them by will or by appointment of court as administrator , etc. In such capacities the company has the same powers and duties that an individual would have if acting in the same capacity . The manifest advantages ...
... duties entrusted to them by will or by appointment of court as administrator , etc. In such capacities the company has the same powers and duties that an individual would have if acting in the same capacity . The manifest advantages ...
Página 38
... duties of trust companies do not differ materially from their duties when acting in the same capacity under appointment by private agreement . In any probate capacity it may be necessary to make advances of money in order to save the ...
... duties of trust companies do not differ materially from their duties when acting in the same capacity under appointment by private agreement . In any probate capacity it may be necessary to make advances of money in order to save the ...
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Términos y frases comunes
accounts administrator advertising amount appoint assignment authorized balance banking business banking department Blank Trust Company bonds Book of Forms bookkeeper cash cent centum certificate certificates of deposit certified check chapter charge cities collateral column commercial paper corporation coupons court customers DATE debit deed of trust depositors directors dollars duties employees examination executor fiduciary filed guardian hereby income incorporated institutions interest investments issued journal laws ledger liability loans matter ment mortgage municipal bonds National banks officers paid pany pass-book payable payment Pennsylvania Company Policy powers real estate real or personal receipt received record registrar rent reports safe deposit Savings banks securities shown in Figure shows signature South Dakota specified statement statutes stockholders surplus teller Tickler tion title insurance transfer agent trial balance trust business Trust Company Section trust department trust funds voucher York
Pasajes populares
Página 8 - And on and after the first day of January, Anno Domini eighteen hundred and seventy-nine, the Secretary of the Treasury shall redeem, in coin, the United States legal-tender notes then outstanding on their presentation for redemption, at the office of the assistant treasurer of the United States in the city of New York, in sums of not less than fifty dollars.
Página 128 - 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 413 - For value received hereby sell, assign and transfer unto ^ shares of the capital stock represented by the within certificate and do hereby irrevocably constitute and appoint attorney to transfer the said stock on the books of the within named company with full power of substitution in the premises.
Página 72 - ... and whose net indebtedness does not exceed five per cent, of the valuation of the taxable property therein, to be ascertained by the last preceding valuation of property therein for the assessment of taxes...
Página 156 - To accept trusts from and execute trusts for married women, in respect to their separate property, and to be their agent in the management of such property or to transact any business in relation thereto.
Página 77 - To act as trustee under any mortgage or bond issued by any municipality, body politic or corporation, and to accept and execute any other municipal or corporate trust not inconsistent with the laws...
Página 66 - Each director, when appointed or elected, shall take an oath that he will, so far as the duty devolves on him, diligently and honestly administer the affairs of such association, and will not knowingly violate, or willingly permit to be violated, any of the provisions of this Title...
Página 78 - ... to be appointed and to accept the appointment of executor of or trustee under the last will and testament, or administrator with or without the will annexed of the estate of any deceased person.
Página 77 - To take, accept and execute any and all such trusts and powers of whatever nature or description as may be conferred upon or intrusted or committed to it by any person or persons...
Página 77 - ... of record, or by any person, corporation, municipality or other authority ; and it shall be accountable to all parties in interest for the faithful discharge of every such trust, duty or power which it may so accept.