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" The Secretary of the Treasury shall require the associations thus designated to give satisfactory security, by the deposit of United States bonds and otherwise, for the safe-keeping and prompt payment of the public money deposited with them, and for the... "
The Executive Departments of the United States at Washington: A ... - Page 94
by Webster Elmes - 1879 - 557 pages
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The National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - Banking law - 1904 - 326 pages
...managers public officers, or the Government liable for its acts. Branch v. United States, 12 Ct. Cl. 281. the faithful performance of their duties as financial agents of the Government . 16 AG Op. 96. SECT. 5154. [Conversion of State Banks].—"Any bank incorporated by special law, or...
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The Bank and the Treasury: Bank Capitalization and the Problem of Elasticity

Frederick Albert Cleveland - Banks and banking - 1905 - 464 pages
...required of them. The Secretary of the Treasury shall require the associations thus designated to give satisfactory security, by the deposit of United States...their duties as financial agents of the Government: Provided, That the Secretary shall, on or before the first of January of each year, make a public statement...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 5

United States - Law - 1905 - 1032 pages
...required of them. The Secretary of the Treasury shall require the associations thus designated to give satisfactory security, by the deposit of United States...their duties as financial agents of the Government. And every association so designated as receiver or depositary of the public money shall take and receive...
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The Principles of Money and Banking: Book VI-The co-operation of the factors ...

Charles Arthur Conant - Banks and banking - 1905 - 504 pages
...designated satisfactory security, by the deposit of United States bonds and otherwise, for the safe keeping and prompt payment of the public money deposited with...their duties as financial agents of the Government." This provision of law was almost broad enough to do away with the sub-Treasury system, but it was not...
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International Library of Technology: A Series of ..., Volume 44, Part 2

Agriculture - 1906 - 538 pages
...satisfactory security, by the deposit of the United States bonds and otherwise, for the safe keeping and prompt payment of the public money deposited with...their duties as financial agents of the government. And every association so designated as receiver or depository of the public money shall take and receive...
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Principles of Law: Appendix

Commercial law - 1906 - 534 pages
...satisfactory security, by the deposit of the United States bonds and otherwise, for the safe keeping and prompt payment of the public money deposited with...their duties as financial agents of the government. And every association so designated as receiver or depository of the public money shall take and receive...
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A Treatise on the Law of National and State Banks: Including the Clearing ...

Harvey White Magee - Banking law - 1906 - 864 pages
...required of them. The Secretary of the Treasury shall require the associations thus designated to give satisfactory security, by the deposit of United States...prompt payment of the public money deposited with them, and.for the faithful performance of their duties as financial agents- of the Government. And every...
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Money and Investments; a Reference Book for the Use of Those Desiring ...

Montgomery Rollins - Finance - 1907 - 488 pages
...as follows: " The Secretary of the Treasury shall require the associations thus designated to give satisfactory security, by the deposit of United States...faithful performance of their duties as financial •gents of the Government." this country, and must be of a certain " weight and fineness " (25.8 grains...
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The Quarterly Journal of Economics, Volume 21

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - Economics - 1907 - 710 pages
...are changing from day to day. * Congresnonal Globe, 38th Congress, 1st Session, Part II., p. 1401. satisfactory security by the deposit of United States bonds and otherwise for the safe-keeping, etc. Mr. HOLM AN. I would inquire of the gentleman what the effect of that amendment is. The security...
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The Journal of Political Economy, Volume 15

Economics - 1907 - 698 pages
...viz. : "The secretary of the treasury shall require the associations [banks] thus designated to give satisfactory security by the deposit of United States bonds and otherwise, for the safe keeping and prompt payment of the public money deposited with them," etc. Under" the law as amended...
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