The Law Magazine and Review: A Quarterly Review of Jurisprudence, Volumes 7-8Saunders and Benning, 1859 - Law |
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Page 99
... capital yields double or treble the return in the shape of dividend . There is , it is true , the risk of unlimited liability in most cases ; but practically , this class of proprietors enjoy all the benefits of a limited liability ...
... capital yields double or treble the return in the shape of dividend . There is , it is true , the risk of unlimited liability in most cases ; but practically , this class of proprietors enjoy all the benefits of a limited liability ...
Page 100
... capital . Now the common inference which you hear made , even among thinking men , in respect to such cases , is , " How can these people make profits such as to enable them to pay interest to their depositors , and also these enormous ...
... capital . Now the common inference which you hear made , even among thinking men , in respect to such cases , is , " How can these people make profits such as to enable them to pay interest to their depositors , and also these enormous ...
Page 101
... capital of the shareholders . These considerations show how easily mistakes are made on this subject of banking ; and , withal , how easily they are rectified by the application of a little calculation founded on a little knowledge of ...
... capital of the shareholders . These considerations show how easily mistakes are made on this subject of banking ; and , withal , how easily they are rectified by the application of a little calculation founded on a little knowledge of ...
Page 102
... capital : -for instance , that if the paid - up capital was £ 500,000 , the bank should be at liberty to receive £ 2,500,000 or £ 2,000,000 of deposits — that is , 20 to 25 per cent . on the paid - up capitala— does not appear to be ...
... capital : -for instance , that if the paid - up capital was £ 500,000 , the bank should be at liberty to receive £ 2,500,000 or £ 2,000,000 of deposits — that is , 20 to 25 per cent . on the paid - up capitala— does not appear to be ...
Page 104
... capital deposited in savings banks , £ 35,108,596 against £ 34,946,012 in 1856. Then the fashion for investing in foreign securities has not passed away in favour of the British joint - stock banks . In September , 1857 , the ...
... capital deposited in savings banks , £ 35,108,596 against £ 34,946,012 in 1856. Then the fashion for investing in foreign securities has not passed away in favour of the British joint - stock banks . In September , 1857 , the ...
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