The Elements of economic geology

Bibliographic data

Monograph

Identifikator:: 1773832379

URN:: urn:nbn:de:zbw-retromon-172798

Document type:: Monograph

Author:: Gregory, John W. http://d-nb.info/gnd/11683014X

Title:: The Elements of economic geology

Place of publication:: London

Publisher:: Methuen

Year of publication:: 1928

Scope:: XIV, 312 S.; graph. Darst.

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part III. Earthy minerals

Collection:: Economics Books

APPENDIX 135 directly, borrow the funds of the corporation or its de- posits, or in any manner use the same, or any part thereof, except to pay necessary expenses, under the direction of the board of trustees. All certificates or other evidences of deposit made by the proper officers shall be as binding on the corporation as if they were made under their com- mon seal. It shall be the duty of the trustees to regulate the rate of interest allowed to the depositors so that they shall receive, as nearly as may be, a ratable proportion of all the profits of the corporation after deducting all neces- sary expenses: Provided, however, That the trustees may allow to depositors, to the amount of five hundred dollars or upwards, one per centum less than the amount allowed others: And provided, also, Whenever it shall appear that, after the payment of the usual interest to depositors, there is in the possession of the corporation an excess of profits over the liabilities amounting to ten per centum upon the deposits, such excess shall be invested for the security of the depositors in the corporation; and thereafter, at each annual examination of the affairs of the corporation, any surplus over and above such ten per centum shall, in addition to the usual interest, be divided ratably among the depositors in such manner as the board of trustees shall direct. Sec. 13 . . . whenever any deposits shall be made by any minor, the trustees of the corporation may, at their discretion, pay to such depositor such sum as may be due to him, although no guardian shall have been appointed for such minor, or the guardian of such minor shall not have authorized the drawing of the same; and the check, receipt, or acquittance of such minor shall be as valid as if the same were executed by a guardian of such minor. And whenever any deposits shall have been made by married women, the trustees may repay the same of their own receipts. Sec. 14 . . . the trustees shall not directly or indirectly receive any payment or emolument for their services as such, except the president and vice-president. Sec. 15 . . . the president, vice-president, and sub- ordinate officers and agents of the corporation shall re-

Access restriction

Copyright

fullscreen: The Freedmen's Savings Bank

Monograph

Chapter

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation