Providing for Control and Regulation of Bank Holding Companies, Hearings Before ..., 80-1 on S. 829 ..., May 26, June 2 and 11, 19471947 - 186 sider |
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Side 12
... existing law provided . Clearly the law should apply to all bank holding companies alike . This can- not be accomplished by a law which permits a holding company to elect not to subject itself to regulation . The law must be mandatory ...
... existing law provided . Clearly the law should apply to all bank holding companies alike . This can- not be accomplished by a law which permits a holding company to elect not to subject itself to regulation . The law must be mandatory ...
Side 14
... existing law , fall far short of providing effective regulation . In the first place , the Board's right to examine a holding company and its controlled banks is not coupled with the specific power to require corrections . Furthermore ...
... existing law , fall far short of providing effective regulation . In the first place , the Board's right to examine a holding company and its controlled banks is not coupled with the specific power to require corrections . Furthermore ...
Side 16
... existing statutes that what we are trying to do is to make it certainly unlawful in any way for a holding company to acquire securities other than the stock of banks . Senator CAIN . Might I ask the witness if at his convenience he ...
... existing statutes that what we are trying to do is to make it certainly unlawful in any way for a holding company to acquire securities other than the stock of banks . Senator CAIN . Might I ask the witness if at his convenience he ...
Side 17
... existing law a chartered bank may be prevented by the regulatory agency to which it is subject from expanding its banking offices whether by the establishment of new branches or by taking over and operating the offices of other banks ...
... existing law a chartered bank may be prevented by the regulatory agency to which it is subject from expanding its banking offices whether by the establishment of new branches or by taking over and operating the offices of other banks ...
Side 18
... existing legislation . There are two primary purposes , one is to make them divorce the ownership , control of businesses other than banks , and those businesses that are incidental to or related to the bank operations . The other ...
... existing legislation . There are two primary purposes , one is to make them divorce the ownership , control of businesses other than banks , and those businesses that are incidental to or related to the bank operations . The other ...
Vanlige uttrykk og setninger
acquire affiliates amendments American General Corp approval assets authority bank holding company Bank of America bank stocks Bankers Association Banking Act banking business BEASLEY bill branch banking Calif certificates CHAIRMAN comakers committee Comptroller Congress controlled banks Currency Deposit Insurance Corporation directors dividends ECCLES existing fact FDIC Federal Deposit Insurance Federal Reserve Act Federal Reserve Board Federal Reserve System Giannini holders Holding Company Act HUNTINGTON independent bankers Industrial Bank interest Investment Company Act Kentucky legislation loan majority member banks ment monopoly Morris Plan banks Morris Plan Corp National Bank nonbanking officers operations pany percent person president purchase purpose referred registered investment company regulation Reserve Act 12 Senator BUCK Senator CAIN Senator FLANDERS Senator ROBERTSON shareholders Shawmut Association Spokane statement Statutes stockholders subsidiary banks thereof tion TOBEY Total Transamerica trust estate Trustees United States Senate voting permit voting shares
Populære avsnitt
Side 8 - If any provision of this Act or the application of such provision to any person or circumstance shall be held invalid, the remainder of the Act and the application of such provision to persons or circumstances other than those as to which it is held invalid shall not be affected thereby.
Side 6 - That any person who shall neglect or refuse to attend and testify, or to answer any lawful inquiry, or to produce documentary evidence, if in his power to do so, in obedience to the subpoena or lawful requirement of the commission...
Side 6 - No objection to the order of the Board shall be considered by the court unless such objection shall have been urged before the Board or unless there were reasonable grounds for failure so to do.
Side 6 - If either party shall apply to the court for leave to adduce additional evidence, and shall show to the satisfaction of the court that such additional evidence is material and that there were reasonable grounds for failure to adduce such evidence in the hearing...
Side 6 - ... and any failure to obey such order of the court may be punished by such court as a contempt thereof. All process in any such case may be served in the judicial district whereof such person is an inhabitant or wherever he may be found.
Side 90 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Side 6 - Commission, on the ground that the testimony or evidence, documentary or otherwise, required of him, may tend to incriminate him or subject him to a penalty or forfeiture; but no individual shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter, or thing concerning which he is compelled, after having claimed his privilege against self-incrimination...
Side 5 - Commission or any officer designated by it is empowered to administer oaths and affirmations, subpena witnesses, compel their attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, or other records which the Commission deems relevant or material to the inquiry.
Side 6 - Board, its member, agent, or agency, there to produce evidence if so ordered, or there to give testimony touching the matter under investigation or in question ; and any failure to obey such order of the court may be punished by said court as a contempt thereof.
Side 7 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares, and give one candidate as many votes as the number of directors multiplied by the number of his shares of stock shall equal, or to distribute them on the same principle among as many candidates as he shall think fit; and such directors or managers shall not be elected in any other manner.