National banking under the Federal Reserve System

Bibliographic data

Monograph

Identifikator:: 1757542345

URN:: urn:nbn:de:zbw-retromon-135097

Document type:: Monograph

Title:: National banking under the Federal Reserve System

Place of publication:: New York

Publisher:: The National City Bank of New York

Year of publication:: 1927

Scope:: 154 S.

Digitisation:: 2021

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Federal reserve act (approved Dec.23,1913)

Collection:: Economics Books

74 38 & 39 Vict. Cap. 60, s. 15. branch] in preference to any other debts or claims against the estate of such officer. Bankruptcy or insolvency in the present section includes liquidation of a debtor’s affairs by arrangement in England, cessio bonorum of a debtor in Scotland, and a petition for arrangement with creditors in Ireland; and a trustee in bankruptcy or insolvency includes an assignee in Ireland and a judicial factor in Scotland (a). (8.) Membership of minors.—A person under the ago of twenty-one, but above the age of sixteen, may be a mem ber of a society, unless provision be made in the rules thereof to the contrary, and may, subject to the rules of the society, enjoy all the rights of a member (except as herein provided), and execute all instruments and give all acquittances necessary to be executed or given under the rules, but shall not be a member of the committee of management, trustee, manager or treasurer of the so ciety (b). Provided as follows :— (a.) Societies and branches, consisting wholly of mem bers of any age under sixteen years, but exceed ing three years, may be allowed to register under this Act, subject to such regulations as may be made in that behalf; (b.) No rule or practice in force at the commencement of this Act for the admission of members under sixteen years of age shall be deemed contrary to- any express provision of this Act as respects any society already registered (c). (а) This is a restoration or confirmation of the priorities, against the estates of officers, given by 18 & 19 Vict. c. 63, s. 23, which, in the case of bankruptcy, had been considered to be abolished by the Bankruptcy Act, 1869. But see Re Keyworth y in the 8th edition of this work, pp. 23, 240. See also Appendix. (б) This is founded on the 18 & 19 Vict. c. 63, s. 15, but the minimum of sixteen years is new. See Treasury regulations 19, 20. (e) These provisions are new.

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Object: The law of friendly societies, and industrial and provident societies, with the acts, observations thereon, forms of rules etc., reports of leading cases at length, and a copious index

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