Trust Companies, Volume 20Trust Companies Pub. Association, 1915 |
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Outras edições - Ver tudo
Palavras e frases frequentes
accounts administration advertising aggregate amount annual assets Association Asst banks and bankers banks and trust bills capital and surplus capital stock cash Cashier cent certificates of deposit checks Chicago Clearing House collateral commercial paper committee corporations Court December directors discounts secured dividends earnings elected exchange executor exports Federal Reserve Act Federal Reserve banks Federal Reserve Board Federal Reserve system fiduciary foreign Franklin National Bank increase institutions interest investments issue John legislation liabilities Loans and discounts Manager market value member banks ment mortgage National Bank notes pany Philadelphia president railroad real estate recent rediscount RICHARD DELAFIELD Safe Deposit Savings Bank Seaboard National Bank Secretary securities book value statement Stock and bond stockholders surplus and undivided tion Total deposits trade treasurer Trust & Savings trust business Trust Officer trust powers undivided profits Union Trust Company United Vice-President York City
Passagens conhecidas
Página 133 - Bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes...
Página 407 - An unqualified order or promise to pay is unconditional within the meaning of this Act, though coupled with: 1. An indication of a particular fund out of which reimbursement is to be made, or a particular account to be debited with the amount; or 2. A statement of the transaction which gives rise to the instrument; but an order or promise to pay out of a particular fund is not unconditional.
Página 406 - The true distinction, therefore, is, between the delegation of power to make the law, which necessarily involves a discretion as to what it shall be, and conferring an authority or discretion as to its execution, to be exercised under and in pursuance of the law. The first cannot be done; to the latter no valid objection can be made.
Página 124 - The government, then, of the United States, can claim, no powers which are not granted to it by the constitution, and -the powers actually granted must be such as are expressly given, or given by necessary implication.
Página 123 - One of the settled maxims in constitutional law is that the power conferred upon the legislature to make laws cannot be delegated by that department to any other body or authority.
Página 55 - It therefore prohibits a party from purchasing on his own account that which his duty or trust requires him to sell on account of another, and from purchasing on account of another that which he sells on his own account. In effect, he is not allowed to unite the two opposite characters of buyer and seller, because his interests, when he is the seller or buyer on his own account, are directly conflicting with those of the person on whose account he buys or sells.
Página 126 - One of these principles is, that every State possesses exclusive jurisdiction and sovereignty over persons and property within its territory.
Página 447 - ... 3. When the transfer is of property made by a resident or by a nonresident when such nonresident's property is within this state, by deed, grant, bargain, sale or gift made in contemplation of the death of the grantor, vendor or donor, or intended to take effect in possession or enjoyment at or after such death.
Página 124 - The bank is not considered as a private corporation, whose principal object is individual trade and individual profit : but as a public corporation, created for public and national purposes. That the mere business of banking is, in its own nature, a private business, and may be carried on by individuals or companies having no political connexion with the government, is admitted ; but the bank is not such an individual or company.
Página 124 - The power of creating a corporation, though appertaining to sovereignty, is not, like the power of making war, or levying taxes, or of regulating commerce, a great substantive and independent power, which cannot be implied as incidental to other powers, or used as a means of executing them. It. is never the end for which other powers are exercised, but a means by which other objects are accomplished.