Consolidation of National Banking Associations, Etc: Hearings Before ... 68-1 on H>R. 6855 ... , April 9, 15, 16, and 18, 1924 |
Common terms and phrases
amended BACH bank is located Bank of Italy bank or trust bankers banking laws banks in California believe Berkeley bill branch banking system capital and surplus cent CHAIRMAN charter city limits commercial committee competition Comptroller Congress consolidation CRISSINGER Currency DAWES deposits district DRUM ELLIOTT establish branches exist favor Federal reserve act Federal reserve bank Federal Reserve Board Federal reserve system FENN Fort Smith gentlemen give head office independent bank institution interest legislation loans LUCE MCFADDEN member banks membership Mercantile Trust Co MORRISH municipality national bank act national banking association national banking system OLIVER operation parent bank permit PLATT president proposition question San Francisco Savings Bank section 9 situation state-wide branch banking statement STEVENSON STRONG superintendent of banks territory thing tion to-day Trust & Savings trust company unit banks Washington WILLIAMSON WINGO York
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Էջ 58 - ... on such terms and conditions as may be lawfully agreed upon by a majority of the board of directors of each association or bank proposing to consolidate...
Էջ 58 - It shall be lawful for any bank or banking association, organized under State laws, and having branches, the capital being joint and assigned to and used by the mother-bank and branches in definite proportions, to become a national banking association in conformity with existing laws, and to retain and keep in operation its branches...
Էջ 58 - ... shall be deemed to be the same corporation as each of the constituent institutions. All the rights, franchises, and interests of each of such constituent banks and national banking associations in and to every species of property, real, personal, and mixed, and choses in action thereto belonging, shall be deemed to be transferred to and vested in...