A History of the Bank of New York, 1784-1884

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G. P. Putman's sons, 1884 - 143 páginas
 

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Página 124 - Half-yearly dividends shall be made of so much of the profits of the bank as shall appear to the directors advisable; and once in every three years the directors shall lay before the stockholders, at a general meeting, for their information, an exact and particular statement of the debts which shall have remained unpaid after the expiration of the original credit, for a period of treble the term of that credit; and of the surplus of profit, if any, after deducting losses and dividends.
Página 126 - In case of excess, the directors under whose administration it shall happen, shall be liable for the same in their natural and private capacities ; and an action of debt may in such case be brought against them, or any...
Página 123 - State, such vacancy or vacancies shall be filled for the remainder of the year in which they may happen by...
Página 126 - ... 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.
Página 125 - That the directors for the time being, or a major part of them, shall have power to make and prescribe such by-laws, rules, and regulations as to them shall appear needful and proper, touching the management and disposition of the stock, property, estate, and effects of the said corporation...
Página 127 - ... made, in a book or books to be kept for that purpose...
Página 12 - A majority of the directors shall have power to call a general meeting of the stockholders, for purposes relative to the concerns of the company; giving at least thirty days...
Página 121 - York" and by that name they and their successors shall and may have continual succession, and shall be persons in law, capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts and places whatsoever...
Página 121 - York, shall be in law capable of purchasing, holding and conveying any estate real or personal, for the use of the said corporation...
Página 121 - NewYork ;" and that by that name they and their successors, shall and may have succession during the continuance of this act ; and shall be persons in law, capable of suing and being...

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