The English Banking System

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U.S. Government Printing Office, 1910 - 294 стор.
Reports, Documents, and Journals of the U.S. Senate and House of Representatives.
 

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Сторінка 85 - In our opinion such Balance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the General Fund of the Society according to the best of our information and the explanations given to us, and as shown by the books of the Society.
Сторінка 9 - Company of the Bank of England) or for any other persons whatsoever, united or to be united in covenants or partnerships, exceeding the number of six persons, in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable on demand, or at any less time than six months from the borrowing thereof.
Сторінка 80 - I cannot think that it can be expected of a director that he should be watching either the inferior officers of the bank or verifying the calculations of the auditors himself. The business of life could not go on if people could not trust those who are put into a position of trust for the express purpose of attending to details of management.
Сторінка 30 - ... a bill of exchange drawn on a bank and payable on demand, every check is a bill, that is, it is a species of a bill.
Сторінка 212 - To the Governor and the Deputy Governor of the Bank of England. Gentlemen, -We have the honour to acknowledge the receipt of your letter of this day to the Chancellor of the Exchequer, in which you state the course of action at the Bank of England, under the circumstances of sudden anxiety, which have arisen since the stoppage of Messrs. Overend, Gurney, and Co., Limited, yesterday. We learn with regret that the Bank reserve, which stood so recently as last night...
Сторінка 157 - With respect to the banking business of the Bank, I propose that it should be governed on precisely the same principles as would regulate any other body dealing with Bank of England notes.
Сторінка 134 - The directors shall have power at any time, and from time to time, to appoint a person as an additional director who shall retire from office at the next following ordinary general meeting, but shall be eligible for election by the company at that meeting as an additional director.
Сторінка 65 - That no dividend shall at any time be made by the said governor and company, save only out of the interest, profit or produce arising out of the said capital, stock, or fund, or by such dealing as is allowed by Act of Parliament.
Сторінка 212 - We have not refused any legitimate application for assistance, and unless the money taken from the Bank is entirely withdrawn from circulation there is no reason to suppose that this reserve is insufficient.
Сторінка 179 - An Act to regulate the issue of Bank Notes, and for giving to the Governor and Company of the Bank of England certain privileges for a limited period.

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