The Bank and the Treasury: Bank Capitalization and the Problem of Elasticity

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Longmans, Green, and Company, 1905 - Banks and banking - 371 pages
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Page 82 - There shall be in the Department of the Treasury a Bureau charged with the execution of all laws passed by Congress relating to the issue and regulation of a national currency secured by United States bonds, the chief officer of which Bureau shall be called the Comptroller of the Currency, and shall perform his duties under the general direction of the Secretary of the Treasury.
Page 347 - In order to furnish suitable notes for circulation, the Comptroller of the Currency shall, under the direction of the Secretary of the Treasury, cause plates and dies to be engraved, in the best manner to guard against counterfeiting and fraudulent alterations, and shall have printed therefrom, and numbered, such quantity of circulating notes, in blank, of the denominations of one dollar, two dollars, three dollars, five dollars, ten dollars, twenty dollars, fifty dollars, one hundred dollars, five...
Page 356 - The amount of its capital stock, and the number of shares into which it is divided; 7. If there is a capital stock, the amount actually subscribed, and by whom.
Page 349 - That all associations under this act, when designated for that purpose by the Secretary of the Treasury, shall be depositaries of public money, except receipts from customs...
Page 316 - ... at the pleasure of the United States after ten years from the date of their issue, and payable thirty years...
Page 314 - An Act to define and fix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to refund the public debt, and for other purposes...
Page 310 - Currency circulating notes in blank, registered and countersigned as provided by law, equal in amount to the par value of the bonds so deposited...
Page 357 - ... may make contracts, sue and be sued, complain and defend, in any court of law and equity as fully as natural persons...
Page 345 - An act to provide for the construction of a canal connecting the waters of the Atlantic and Pacific Oceans,
Page 358 - Sixth. To prescribe, by its board of directors, by-laws not inconsistent with law, regulating the manner in which its stock shall be transferred, its directors elected or appointed, its officers appointed, its property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed.

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