The Law Magazine and Review: A Quarterly Review of Jurisprudence, Volumes 7-8Saunders and Benning, 1859 - Law |
From inside the book
Page 22
And thus , for all our pains , wishing the benevolent reader all the profit , we (
favente Deo et auspice Christo ) begin with the high and most honourable court
of parliament : " which we , however , for the present have done with ;
entertaining ...
And thus , for all our pains , wishing the benevolent reader all the profit , we (
favente Deo et auspice Christo ) begin with the high and most honourable court
of parliament : " which we , however , for the present have done with ;
entertaining ...
Page 83
As a hand - book of practical banking , adapted for daily use and consultation by
persons engaged in that pursuit , who , apart from considerations of a legal
nature , look for guidance as to the safest mode of deriving profit from the
occupation ...
As a hand - book of practical banking , adapted for daily use and consultation by
persons engaged in that pursuit , who , apart from considerations of a legal
nature , look for guidance as to the safest mode of deriving profit from the
occupation ...
Page 92
... settlement shall contain provisions for the publication , once at least in every
month , of the assets and liabilities , and for the yearly communication to every
shareholder of the auditor's report of a balance - sheet and profit and loss
account .
... settlement shall contain provisions for the publication , once at least in every
month , of the assets and liabilities , and for the yearly communication to every
shareholder of the auditor's report of a balance - sheet and profit and loss
account .
Page 100
The fallacy , or the mistake , or misunderstanding , lies in confounding dividend
and profit . A bank may divide 20 per cent . on its paid up capital , while its profits
on the sum it employs may not be at half that rate per cent . per annum .
The fallacy , or the mistake , or misunderstanding , lies in confounding dividend
and profit . A bank may divide 20 per cent . on its paid up capital , while its profits
on the sum it employs may not be at half that rate per cent . per annum .
Page 101
profits in banking being to invest the capital of the house in government securities
, so as always to have at hand a reserve readily convertible to meet unforeseen
pressures or demands , and to trade with that part of the deposits which it is safe
...
profits in banking being to invest the capital of the house in government securities
, so as always to have at hand a reserve readily convertible to meet unforeseen
pressures or demands , and to trade with that part of the deposits which it is safe
...
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Contents
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