The Second Bank of the United States |
Other editions - View all
Common terms and phrases
1st Sess 22d Cong 24th Cong 2d Sess administration amount appointed April asserted Baltimore bank's Biddle Biddle's bills of exchange Boston branch bank branch drafts branch notes Cadwalader Calhoun capital cashier cent charge charter Cheves Chillicothe Cincinnati circulation committee Congress corporation Crawford currency Dallas declared demand deposits depreciation directors discounts dollars election favor funds Gallatin ibid increased Ingersoll Ingham institution interest issues Jackson January Jaudon July July 18 June June 22 letter Lexington loans Louisville March March 14 McLane ment months Nashville national bank Nicholas Biddle NILES operations opinion Orleans paid paper party payable Philadelphia political Portsmouth president purchase re-charter received redeemed reduce renewed resolution Savannah secretary secure Senate Sept South South Carolina state-bank stockholders Taney tion transfer treasury United vote Washington Webster West western offices York
Popular passages
Page 481 - ... to sue and be sued, plead and be impleaded, answer and be answered, defend and be defended, in courts of record, or any other place whatsoever...
Page 23 - States, and that from and after the 20th day of February next no such duties, taxes, debts, or sums of money accruing or becoming payable to the United States as aforesaid ought to be collected or received otherwise than in the legal currency of the United States...
Page 483 - The lands, tenements, and hereditaments, which it shall be lawful for the said corporation to hold, shall be only such as shall be requisite for its immediate accommodation in relation to the convenient transacting of its business, and such as shall have been bona fide mortgaged to it by way of security, or conveyed to it in satisfaction of debts previously contracted in the course of its dealings, or purchased at sales, upon judgments which shall have been obtained for such debts.
Page 484 - No loan shall be made by the said corporation, for the use or on account of the Government of the United States, to an amount exceeding five hundred thousand dollars, or of any particular State to an amount exceeding fifty thousand dollars, or of any foreign Prince or State, unless previously authorized by a law of the United States.
Page 486 - States shall be furnished, from time to time, as often as he may require, not exceeding once a week, with statements of the amount of the capital stock of the bank, and of the debts due to the same; of the moneys deposited therein, of the notes in circulation, and of the cash in hand ; and shall have a right to inspect such general accounts in the books of the bank as shall relate to the said statements...
Page 487 - ... as required by the act of incorporation, but for something more beneficial to the stockholders. The original act declares, that it (the bonus) is granted " in consideration of the exclusive privileges and benefits...
Page 8 - Dardin till to-morrow, in order to introduce a resolution for the appointment of a committee to inquire into the expediency of...
Page 487 - ... transferring the public funds from place to place, within the United States, or the territories thereof, and for distributing the same in payment of the public creditors, without charging commissions or claiming allowance on account of difference of exchange, and shall also do and perform the several and respective duties of the commissioners of loans for the several states, or of any one or more of them, whenever required by law.
Page 479 - And the payments of the said subscriptions shall be made and completed by the subscribers, respectively, at the times and in the manner following; that is to say, at the time of subscribing there shall be paid five dollars on each share, in gold or silver coin...
Page 486 - States, and a resident of the state, territory or district, wherein such office is established; and not more than three-fourths of the said managers or directors, In office at the time of an annual appointment, shall be re-appointed for the next succeeding year; and no director shall hold his office more than three years out of four, in succession; but the president may be always re-appointed.