 The board of trustees shall take from such banks such security in public bonds or other securities, supported by the taxing power, as the board may prescribe, approve, and deem sufficient and necessary to insure the safety and prompt payment of such deposits...  The American Economic Review - Page 841917Full view - About this book
 | United States. Department of the Treasury - Finance, Public - 1911 - 498 pages
...national or state banks at a rate of interest of not less than 2J per cent, and on the security of such public bonds or other securities supported by the taxing power as the board may approve. Not exceeding 30 per cent of the total funds may be used by the board in the purchase of bonds... | |
 | Michigan. State Banking Department - Banks and banking - 1914 - 748 pages
...national or state laws and contains the following provisions: "The board of trustees shall take from such banks such security In public bonds or other securities,...the safety and prompt payment of such deposits on demand." Section 32 of the General Banking Law of this state, in part, reads as follows : "No bank... | |
 | Campaign literature - 1910 - 300 pages
...of the board of trustees, in lawful money as a reserve. The board of trustees shall take from such banks such security in public bonds or other securities,...the safety and prompt payment of such deposits on demand. The funds received at the postal savings depository offices in each city, town, village, and... | |
 | United States - Law - 1910 - 886 pages
...trustees, in lawful money as a security from banks, reserve. The board of trustees shall take from such banks such security in public bonds or other securities,...insure the safety and prompt payment of such deposits po£iuux;anyn °f de" on demand. The funds received at the postal savings depository offices in each... | |
 | Electronic journals - 1911 - 802 pages
...cut out, and in its place was inserted the provision : " The Board of Trustees shall take from such banks such security in public bonds or other securities,...the safety and prompt payment of such deposits on demand." These provisions for the regular or contingent purchase of government securities were supported... | |
 | Michigan. Banking Division - Banks and banking - 1911 - 686 pages
...of trustees shall take from such banks such security in public bonds or other securities, supt>orted by the taxing power, as the board may prescribe, approve,...the safety and prompt payment of such deposits on demand." Section 32 of the General Banking Law of this state, in part, reads as follows: "No bank or... | |
 | United States. President - United States - 1911 - 1346 pages
...national or state banks at a rate of interest of not less than 2$ per cent, and on the security of such public bonds or other securities supported by the taxing power as the board may approve. Not exceeding 30 per cent of the total funds may be used t>y the board in the purchase of... | |
 | United States - 1911 - 20 pages
...2. Pursuant to the provisions of the statute the Board of Trustees will from time to time designate such security in public bonds or other securities, supported by the taxing power, as it may deem sufficient and necessary to insure the safety and prompt payment of deposits on demand,... | |
 | Horace Greeley, John Fitch Cleveland, F. J. Ottarson, Alexander Jacob Schem, Edward McPherson, Henry Eckford Rhoades - Almanacs, American - 1911 - 830 pages
...money ae a retire. The board of trustees shall take from such banks such security In public bond« or other securities, supported by the taxing power, as the board may prescribe, rt^ve, and deem sufficient and necessary to Insure the safety and prompt payment •f »ach deposits... | |
 | Michigan. Attorney General's Office, Michigan. Department of Attorney General - 1912 - 496 pages
...national or state laws and contains the following provision: "The board of trustees shall take from such banks such security in public bonds or other securities,...the safety and prompt payment of such deposits on demand." Section 32 of the General Banking Law of this State, in part, reads as follows : "No bank... | |
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