Annual Report of the Comptroller of the Currency to the ... Session of the ... Congress of the United States, Volume 93

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Page 19 - ... shall be paid out on check of the comptroller on requisition of the chairman of the authority or of such other person as the authority may authorize to make such requisition. All deposits of such moneys shall, if required by the comptroller or the authority, be deposited in a bank or banks which are members of the Federal Reserve System and of the Federal Deposit Insurance Corporation and/or be secured by obligations of the United States or of the State of New York of a market value equal at...
Page 17 - Act now prohibits bank mergers consummated by purchase of stock wherever the result might be a substantial lessening of competition or a tendency to create a monopoly in any line of commerce in any section of the country.
Page 22 - mortgage' means a first mortgage on real estate, In fee simple, or on a leasehold (1) under a lease for not less than ninety-nine years which is renewable; or (2) under a lease having a period of not less than fifty years to run from the date the mortgage was executed; and the term 'first mortgage...
Page 26 - Board pursuant thereto, shall upon conviction be fined not more than $1,000 for each day during which the violation continues.
Page 73 - Currency shall be necessary to disclose fully the relations between such affiliate and such bank and to enable the Comptroller to inform himself as to the effect of such relations upon the affairs of such bank.
Page 26 - The Board is authorized to issue such regulations and orders as may be necessary to enable it to administer and carry out the purposes of this Act and prevent evasions thereof.
Page 25 - ... the convenience, needs, and welfare of the communities and the area concerned; and (5) whether or not the effect of cuch acquisition or merger or consolidation would be to expand the size or extent of the bank holding company system involved beyond limits consistent with adequate and sound banking, the public Interest, and the preservation of competition In the field of banking.
Page 25 - Board shall take into consideration the following factors: (1) the financial history and condition of the company or companies and the banks concerned; (2) their prospects; (3) the character of their management; C4) the convenience, needs, and welfare of the communities and the area concerned; and (5) whether or not the effect of such acquisition or merger or consolidation would be to expand the size or extent of the bank holding company...
Page 113 - Bank premises owned, furniture and fixtures Real estate owned other than bank premises Investments and other assets indirectly representing bank premises or other real estate...
Page 113 - Deposits of US Government Deposits of states and political subdivisions Deposits of foreign governments and official institutions, all other commercial banks, and all other deposits Certified and officers...

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