The Laws of the State of New York Relating to Banks, Banking, Trust Companies, Loan, Mortgage and Safe Deposit Corporations: Together with the Acts Affecting Moneyed Corporations Generally ... Also the National Bank Act as Amended, and Cognate United States Statutes : Annotated

Matthew Bender, 1910 - 811 halaman

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... to pay the assessment , as provided in this section , it shall be the duty of the board of directors to cause a sufficient amount of the capital stock of such shareholder or shareholders to be sold at public auction ( after thirty ...

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ARTICLE XIV	3

First and Second Banks of the United States	8

Restraining Act of 1804	14

Bank charters prior to 1825	20

Statute regulations of 1827	26

Office of bank commissioners	34

Office of superintendent of the banking department	41

MORTGAGE LOAN AND INVESTMENT CORPORATIONS	46

GENERAL CORPORATION	406

ARTICLE I	408

Short title	409

Classification of corporations	410

Qualifications of incorporators	412

Filing and recording certificates of incorporation	413

Corporate names	414

Lost or destroyed certificates	415

Amendments	50

Dividends	70

Taxation	77

Mortgage companies	84

GENERAL PROVISIONS	89

The banking department superintendent 94 3	93

Publication of report of examiners	102

Impairment of capital	103

Causes for dissolution	104

Proceedings against and liquidation of delinquent corporations and individual bankers	105

Examination by order of court	112

Reports	113

Penalties for failure to report	117

Books papers and affairs to be examined	118

Publication of reports	119

Annual report of superintendent	120

Reports presumptive evidence	121

Calculation of profits	127

Losses in excess of profits	128

Publication of unclaimed dividends and deposits	129

Change of location	131

Approval and certificate of superintendent upon incorporation	132

Permission and certificate of superintendent in case of foreign corporations	133

Appointment of receiver	134

Merger	135

Submission of merger agreement to stockholders	136

Rights of dissenting stockholders	137

Effect of merger	138

Rights of creditors and others having relations with merged corporations	139

Meetings of directors or trustees and reports thereto	140

Banks designated as depositaries of court funds to give bonds and pay interest	142

ARTICLE 3	144

Previous notice of intention to be given	146

When superintendent shall file certificate	147

Amended certificate of incorporation	148

Lawful money reserve	159

Payment of capital stock	160

Oath of directors	162

Limitation of liability of stockholders	169

Rate of interest	172

Interest permitted on advances on collateral security	174

Prohibition against sale of business by individual banker	175

When deemed to have surrendered its charter	176

Reduction of capital stock in such cases	177

Certificate of change	178

Circulating notes plates	179

Circulating notes of individual banker	181

When bank may receive interest or dividends upon securities deposited	182

Redemption agencies	183

Destruction of bank notes	185

Exchange of mutilated notes	186

Protest of notes and proceedings thereon	187

Appointment of agent by new corporation	189

Distribution of funds of insolvent banks	190

Publication of notices	191

Banks closing business	192

Proceedings on closing bank	193

Proportionate amount of securities to be returned when notes are destroyed	194

Circulation of foreign bank notes prohibited	195

Notes not receivable at par not to be paid out	197

When bills of exchange to be without grace	201

Transfers of securities by superintendent to be countersigned by treasurer	202

Unauthorized banking prohibited	203

Restrictions as to foreign corporations	206

Bills payable otherwise than in money prohibited	207

Use of sign indicating bank by unauthorized persons prohibited	208

Petition service of	209

Contents of notice	210

Application for final order	211

Bond discharged bank released	212

ARTICLE 4	213

Notice of intention to organize	214

Examination by superintendent	215

When persons named in certificate become a corporation powers	216

Must begin business within one year	220

Bylaws	223

Vacancies	224

Dividends compensation and loans to trustees prohibited	225

Repayment of deposits regulations limitation	229

Deposits of minors and trust deposits and deposits in the names of more than one person	236

Wife witness against husband claimants may be interpleaded	240

In what securities deposits may be invested	242

Limitation as to real property	258

Available fund for current expenses how loaned	260

Temporary deposits	268

Mortgaged property to be insured	269

Rate of interest extra dividends	271

Per centum of surplus how determined	275

No other report or inspection required	276

Expenses to be paid	277

Advertisements of unauthorized savings banks prohibited	278

Charters to be conformed to this chapter	281

When dissolution effected	282

Deposit of unclaimed moneys	283

10	284

When superintendent shall file certificate	286

Capital must be paid cash	287

Additional powers of certain trust companies	291

Additional powers dependent on location	292

May be administrator guardian or trustee	293

Official oath not required	295

Interest and accumulations	296

Directors	297

Liability of stockholders and directors	299

ARTICLE 6	302

Incorporators	303

Object and purpose	304

Directors bylaws	305

Dues fines entrance fees advance payments	306

Withdrawal of free shares	307

Dues when to cease	308

Security for loans	311

Arrearages forfeitures withdrawal values	314

Association may borrow to pay withdrawals	315

Profits and losses ascertained annually	316

Transfer of shares	317

Annual reports to banking department	318

Visitation by superintendent of banks	319

Annual statement to stockholders	320

Reincorporation	321

Assessment of associations for benefit of banking department	322

Investment of deposits and income	323

Construction of term cooperative savings and loan associa tion	324

two	325

Petition for dissolution	326

Hearing and order for dissolution appointment of trustee	327

Limitation and construction of article	328

Incorporation	329

Powers	330

Dividends	331

Reports	332

Supervision bond and reports required examination	344

Short title	355

Directors	367

36	374

ARTICLE IV	382

Issue and transfers of stock	383

39	384

Subscription to stock	385

Liabilities of stockholders	388

Liabilities of stockholders to laborers servants or employees	389

Nonliability in certain cases	390

Partly paid stock	391

Increase or reduction of capital stock	392

Notice of meeting to increase or reduce capital stock	393

Change in par value of shares	395

Application to court to order issue of new in place of lost	400

certificate of stock	401

50	402

Financial statement to stockholders	403

Liabilities of officers directors and stockholders of foreign cor porations	404

Laws repealed	405

Limitation of powers provisions of certificate	416

Grant of general powers	417

Enlargement of limitations upon the amount of the property	418

of nonstock corporations	419

Certificate of authority of a foreign corporation	420

Reincorporation of foreign moneyed corporations	422

When reincorporation effective and effect thereof	423

Qualification of members as voters	424

Cumulative voting	425

Proxies	426

Effect of failure to elect directors	427

Mode of conducting special election of directors	428

Powers of supreme court respecting elections	429

Quorum of directors and powers of majority	430

Directors as trustees in case of dissolution	432

Revival of corporate existence	433

Approval of certificates of extension or revival when required	434

As to acts of directors	435

Petition by corporation to change name	437

JUDICIAL SUPERVISION OF CORPORATION AND OF THE OFFICERS AND MEMBERS	444

Officers and stockholders may be made parties in action brought	446

ACTION TO ANNUL A CORPORATION	452

Petition for voluntary dissolution of corporation 462	462

Directors or trustees may be required to petition	463

Affidavit to be annexed to petition	464

Action by court upon petition for dissolution	465

Application for appointment of receiver	466

Decision	467

Appointment of director trustee or other officer or stockholder as receiver 468 1	468

Dissolution of stock corporation before beginning business	469

PROVISIONS APPLICABLE TO TEMPORARY AND PERMANENT RECEIVERS OF CORPORATIONS SECTION 225 Security	472

Application of this article	474

Authority of single receiver	475

Power of receiver to institute proceedings to recover assets	476

Power of receiver in the settlement of controversies	478

Power of receiver to employ counsel	479

Power of receiver to hold real property	480

Duty of receiver to keep accounts	481

Duty of receivers to give notice to creditors	482

Duty of receiver to call creditors meeting	483

Retention of funds for subsisting contracts and pending suits	484

Failure to file claim before first dividend	485

Disposition of moneys retained by receiver for suits	486

Notice of final accounting	487

ARTICLE XIII	496

Laws repealed	498

The Tax Law in so far as it directly relates to Corporations formed under or subject to the Banking	506

Exemption from taxation	507

Banks to make report	508

Individual banker how assessed	511

Notice of assessment to bank or banking association 612	512

Certain corporations exempt from tax on capital stock	513

Franchise tax on trust companies	514

Tax upon foreign bankers	515

ARTICLE II	516

Payment of tax and penalty for failure 618	518

Exemption from other state taxation	519

CREATION OF CORPORATIONS 1894 Extract from the Constitution of the State of New York Article VIII	522

Corporations how created	523

Specie payments	526

Unlawful use of certain titles in connection with corporate	538

LIABILITY OF PARTIES PAGE	542

Short title	543

Definitions and meaning of terms	544

Person primarily liable on instrument	546

When promise is unconditional	547

Additional provisions not affecting negotiability	548

When payable on demand	549

Terms when sufficient	550

Incomplete instrument not delivered	551

Liability of person signing in trade or assumed name	552

Forged signature effect of	553

ARTICLE III	554

Liability of accommodation party	555

ARTICLE IV	556

Indorsement must be of entire instrument	557

Qualified indorsement	558

Indorsement where name is misspelled etc	559

ARTICLE V	560

When title defective	561

Who deemed holder in due course	562

Liability of maker	563

When person deemed indorser	564

Liability of general indorser	565

ARTICLE VII	566

What constitutes a sufficient presentment	567

Presentment to persons liable as partners	568

honored	569

ARTICLE VIII	570

Notice given by agent	571

Notice to partners	572

When sender deemed to have given due notic	573

Whom affected by waiver	574

Notice of nonpayment where acceptance refused	575

ARTICLE IX	576

Renunciation by holder	577

ARTICLE X	578

Acceptance how made etc	579

Acceptance of incomplete bill	580

When presentment for acceptance must be made	581

On what days presentment may be made	582

In what cases protest necessary	583

Protest both for nonacceptance and nonpayment	584

When bill may be accepted for honor	585

ľ PAGE	589

NATIONAL BANK ACT AND COGNATE UNITED STATES STATUTES	595

National gold banks	601

SAVINGS INSTITUTIONS	610

Revised Statutes of the United States	612

Increase of capital stock	628

Reduction of capital stock	629

Right of shareholders to vote	630

Requisite qualifications of directors	631

Proceedings when no election was held on the proper day	632

Executors trustees etc not personally liable	636

Duties and liabilities when designated as depositaries of pub lic moneys	637

Organization of State banks as national banking associations	638

State banks having branches	640

OBTAINING AND ISSUING CIRCULATING NOTES SECTION 5157 What associations are governed by chapters 2 3 and 4	641

Certificate of authority to commence banking to be issued	646

Plates and dies to be under control of the comptroller	647

Annual examination of plates dies etc	648

Equalizing the apportionment of circulating notes	649

Removal of association to another State	650

Issue of other notes prohibited	651

Organization of associations to issue gold notes authorized	652

Penalty for imitating national banknotes etc	653

CHAPTER III	654

State taxation	676

CHAPTER IV	680

Voluntary dissolution of associations	681

bonds	684

Sale of bonds at auction	685

Appointment of receivers	686

Notice to present claims 691	691

Dividends	692

Injunction upon receivership	693

Fees and expenses	694

Appointment of occasional examiners	696

Limit of visitorial powers	697

Transfers when void	698

Use of the title national	701

Internal Revenue CHAPTER VIII	702

Banks and bankers monthly returns	704

State banks converted into national banks returns how made	705

The National Bank Act the title	709

Limit to circulation of gold banks removed	715

Abating semiannual duty of insolvent banks	721

Repeal of internal revenue and stamp tax	729

National banks deemed citizens of State in which located	734

ACT OF APRIL 12 1900	745

Savings banks benevolent not charitable	793

Istilah dan frasa umum

acceptance action agent amended amount application appointed approved association authorized banking association bill bonds capital stock cause centum certificate chapter circulating notes claim Comptroller contract corporation court creditors Currency debt deemed demand deposit depositors direct directors discount dividend dollars duties effect election examination existence fact filed Former section funds give given held holder hundred incorporation individual banker indorsement insolvent institution interest investment issued least less liability loan located manner meeting mortgage national bank necessary notes notice organized paid party payable payment person prescribed present president principal proceedings purchase receiver respective savings bank Secretary securities shares specified Stat statute stockholders superintendent surplus term thereof thousand tion transaction transfer Treasury trust company trustees United vote York

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Informasi bibliografi

QR code for The Laws of the State of New York Relating to Banks, Banking, Trust Companies, Loan, Mortgage and Safe Deposit Corporations

Judul	The Laws of the State of New York Relating to Banks, Banking, Trust Companies, Loan, Mortgage and Safe Deposit Corporations: Together with the Acts Affecting Moneyed Corporations Generally ... Also the National Bank Act as Amended, and Cognate United States Statutes : Annotated
Pengarang	Willis Seaver Paine
Edisi	6
Penerbit	Matthew Bender, 1910
Asli dari	Universitas Harvard
Didigitalkan	12 Des 2007
Tebal	811 halaman

Ekspor Kutipan	BiBTeX EndNote RefMan

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