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" No applying bank shall be admitted to membership in a Federal reserve bank unless it possesses a paid-up unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated, under the provisions of the... "
Additional Capital for Federal Land Banks: Hearings Before ... H.R. 4741 (H ... - Page 49
by United States. Congress. House Banking and Currency Committee - 1932 - 26 pages
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - Banking law - 1914 - 232 pages
...possesses a paid-up unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated, under the provisions of the national banking Act. Any bank becoming a member of a Federal reserve bank un- H 61 der the provisions of this section shall,...
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Federal Reserve Bulletin

Banks and banking - 1915 - 510 pages
...possesses a paid-up unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated, under the provisions of the national banking act," it appears that the Board will be compelled to refuse membership to the — bank, unless it should increase...
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A History of Currency in the United States: With a Brief Description of the ...

Alonzo Barton Hepburn - Banking law - 1915 - 582 pages
...possesses a paid-up unimpaired capital sufficient to entitle it to become a national bunking association in the place where it is situated, under the provisions of the national banking Act. Any bank becoming a member of a Federal reserve bank under the provisions of this section shall, in...
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A History of Currency in the United States

Alonzo Barton Hepburn - Coinage - 1915 - 580 pages
...possesses a paid-up unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated, under the provisions of the national banking Act. Any bank becoming a member of a Federal reserve bank under the provisions of this section shall, in...
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Annual Report - Board of Governors of the Federal Reserve System, Volumes 1-2

Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1915 - 670 pages
...Possesses a paid-up unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated, under the provisions of the national banking act. Any bank becoming a member of a Federal reserve bank under the provisions of this section shall, in...
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Federal Reserve Bulletin, Volume 14

Banks and banking - 1928 - 984 pages
...possesses a paid-up, unimpaired capital sufficient to entitle it to become a national banking association in the place where it is situated, under the provisions of the national bank act; or (b) It possesses a paid-up, unimpaired capital of at least GO per cent of such amount,...
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Federal Reserve Bulletin

Banks and banking - 1916 - 850 pages
...possesses a paid-up, unimpaired capital sufficient to entitle' It to become a national bankiug association in the place where It Is situated, under the provisions of the national banking act. Any bank becoming a member of a Federal Reserve Bank under the provisions of this section shall, In...
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Banking, by Major B. Foster

Major Bronson Foster - Banks and banking - 1917 - 378 pages
...possesses a paid-up, unimpaired capital sufficient to entitle it to become a National banking association in the place where it is situated, under the provisions of the National Banking Act." It must also comply with the rules that apply to national banks respecting "the limitation of liability...
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - Agricultural credit - 1917 - 452 pages
...possesses a paid-up, unimpaired capital sufficient to entitle it to become a National banking association in the place where it is situated, under the provisions of the National Banking Act. Any bank becoming a member of a federal reserve bank under the provisions of this section shall, in...
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Money and Investments: A Reference Book for Use of Those Desiring ...

Montgomery Rollins - Finance - 1917 - 528 pages
...unless it possesses a paid-up, unimpaired capital sufficient to entitle it to become a Nat. B'k'g. Asso. in the place where it is situated under the provisions of the Nat.-bank Act. It shall be unlawful for any officer, clerk, or agent of any bank admitted to membership...
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