 SEC. 3. That every association organized, or to be organized under the provisions of the said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the Treasury of the United States, in lawful money of the United...  The Packard Commercial Arithmetic - Page 265by Silas Sadler Packard, Byron Horton - 1882 - 312 pagesFull view - About this book
 | Wesley James McCarty, Luey Earle Cleveland Amidon, Luey Cleveland Amidon - Accounting - 1926 - 516 pages
...or to be organized under the provisions of the said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the...lawful money of the United States, a sum equal to five per cent of its circulation. 4. Banks of issue, deposit, discount, and exchange.—The points... | |
 | United States - Law - 1927 - 612 pages
...for use; expenses. Every national banking association organized under the provisions of this chapter, shall at all times keep and have on deposit in the...lawful money of the United States, a sum equal to 5 per centum of its circulation, to be held and used for the redemption of such circulation, which sum... | |
 | United States. Federal Reserve Board - Banking law - 1928 - 808 pages
...123'. 'organized, under the provisions of the said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the...lawful money of the United States, a sum equal to five per centum of its circulation, to be held and used for the redemption of such circulation; [which... | |
 | United States. Office of the Comptroller of the Currency - Banks and banking - 1936 - 878 pages
...redemption fund." This act required every association organized, or to be organized under its provisions, to keep and have on deposit in the Treasury of the United States, in lawful money, a sum equal to 5 percent of its circulation, to be held and used for the redemption of such circulation.... | |
 | United States - Law - 1875 - 1084 pages
...the provisions of the said act, and of the several acts amendatory circ."lati?D i° be de" thereof, shall at all times keep and have on deposit in the treasury of 1ьг8'гс^ошПр11Гоп*ио^ the United States, in lawful money of the United States, a sum equal... | |
 | United States - 1941 - 1300 pages
...sec. 121), required every association organized or to be organized under the National Banking Act, to keep and have on deposit in the Treasury of the United States, in lawful money, a sum equal to 5 percent of its national bank note circulation, to be held and used for the redemption... | |
 | United States Congress. House. Banking and Currency Committee - 1958 - 908 pages
...or to be organized under the pro visions of the said act and of the several acts amendatory thereof shall at all times keep and have on deposit in the...lawful money of the United States, a sum equal to five per centum of its circulation, to be held and used for the redemption of such circulation; which... | |
 | United States Congress. House. Banking and Currency Committee - 1959 - 348 pages
...to be organized, under the provisions of the said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the...lawful money of the United States, a sum equal to five per centum of its circulation, to be held and used for the redemption of such circulation ; which... | |
 | United States. Congress. House. Committee on Banking and Currency - Bank reserves - 1959 - 344 pages
...be organized, under the proof the said act, and of the several acts amendatory thereof, shall at all keep and have on deposit in the Treasury of the United...lawful money of the United States, a sum equal to five per centum of its circulation, to be held and used for the redemption of such circulation ; which... | |
 | Ross M. Robertson - Banks and banking - 1968 - 286 pages
...to be organized, under the provisions of the said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the...lawful money of the United States, a sum equal to five per centum of its circulation, to be held and used for the redemption of such circulation; which... | |
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