The Merchants' Magazine and Commercial Review, Volum 51

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Side 67 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Side 75 - ... The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Side 83 - ... after the commission of an act of insolvency, or in contemplation thereof, made with a view to prevent the application of its assets in the manner prescribed by this chapter, or with a view to the preference of one creditor to another, except in payment of its circulating notes, shall be utterly null and void...
Side 72 - States, except duties on imports ; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations •within the United States, except interest on the public debt, and in redemption of the national currency.
Side 68 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Side 65 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Side 75 - ... shall at all times have on hand, in lawful money of the United States, an amount equal to at least fifteen per centum of the aggregate amount of its notes in circulation, and of its deposits.
Side 66 - ... into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with...
Side 80 - ... organization certificate may be executed by a majority of the directors of the bank or banking institution...
Side 81 - States bonds and otherwise, for the safekeeping and prompt payment of the public money deposited with them, and for the faithful performance of their duties as financial agents of the government...

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