Trust Companies: Their Organization, Growth and ManagementBankers Publishing Company, 1909 - 481 páginas |
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Página 83
... conducting the trust business ; a sufficient reserve fund ; supervision by State officials , through reports of condition , and examinations . Few States attempt all these methods of regulation , and TRUST COMPANY LEGISLATION . 83.
... conducting the trust business ; a sufficient reserve fund ; supervision by State officials , through reports of condition , and examinations . Few States attempt all these methods of regulation , and TRUST COMPANY LEGISLATION . 83.
Página 86
... reserve fund . The battle over this point has been waged with special fierceness in New York , where , until 1908 , there was no provision for reserves of trust companies . That there is need for such agitation 86 TRUST COMPANIES .
... reserve fund . The battle over this point has been waged with special fierceness in New York , where , until 1908 , there was no provision for reserves of trust companies . That there is need for such agitation 86 TRUST COMPANIES .
Página 87
... reserves . This does not mean , of course , that trust companies in these States do not actually keep reserve funds , for the unwitten laws of business and of competition are quite as insistent upon obedience as are the laws of the ...
... reserves . This does not mean , of course , that trust companies in these States do not actually keep reserve funds , for the unwitten laws of business and of competition are quite as insistent upon obedience as are the laws of the ...
Página 90
... reserve required is 15 per centum , of which two - fifths must be in cash in vaults . Loans may not be made to officers or employees " without good security . " Loans to one party may not exceed 10 per centum of the capi- tal , surplus ...
... reserve required is 15 per centum , of which two - fifths must be in cash in vaults . Loans may not be made to officers or employees " without good security . " Loans to one party may not exceed 10 per centum of the capi- tal , surplus ...
Página 93
... reserve required is twenty per centum of demand or immediate liabili- ties and of time certificates of deposit , if the company is located in a city of 200,000 or more inhabitants ; or fifteen per centum if located elsewhere . One ...
... reserve required is twenty per centum of demand or immediate liabili- ties and of time certificates of deposit , if the company is located in a city of 200,000 or more inhabitants ; or fifteen per centum if located elsewhere . One ...
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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 dividends 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 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 141 - Every incorporated or other bank, and every person, firm, or company having a place of business where credits are opened by the deposit or collection of money or currency, subject to be paid or remitted upon draft, check, or order, or where money is advanced or loaned on stocks, bonds, bullion, bills of exchange, or promissory notes, or where stocks, bonds, bullion, bills of exchange, or promissory notes are received for discount or for sale...
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 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 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 113 - ... under the same circumstances, in the same manner, and subject to the same control by the court having jurisdiction of the same, as in the case of a legally qualified person.
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 134 - Is authorized by the statute pleaded is "to guarantee the fidelity of persons In positions of trust private or public and to act as surety on official bonds and for the performance of other obligations.
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 300 - 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 to transfer the said Stock on the books of the within named Corporation, with full power of substitution in the premises.