History of the Bank of England: A Comprehensive Account of Its Origin, Foundation, Rise, Progress ...

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Euclid Publishing Company, 1888 - 301 páginas
 

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Página 84 - ... any body politic or corporate whatsoever, erected or to be erected, or for any other persons whatsoever united or to be united in covenants or partnership, exceeding the number of six persons, in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable at demand, or at any less time than six months from the borrowing thereof...
Página 104 - House, by themselves or some agent or agents for that purpose duly authorised, signify to the Governor and Company of the Bank of England, or to the Governor and Company of Merchants of Great Britain trading to the South Seas...
Página 164 - In order to keep up the credit of our house, I have forged powers of attorney for the above sums and parties, and sold out to the amount here stated, and without the knowledge of my partners. I kept up the payment of the dividends, but made no entries of such payments in our books.
Página 55 - An Act for granting to their majesties several rates and duties upon tonnage of ships and vessels, and upon beer, ale, and other liquors, for securing certain recompenses and advantages in the said Act mentioned, to such persons as shall voluntarily advance the sum of fifteen hundred thousand pounds towards carrying on the war against France.
Página 292 - At the annual meetings reports of the proceedings of the board of commissioners since the last meeting, reports of officers and committees, and recommendations submitted in connection with such reports shall be made.
Página 128 - With respect to the banking business of the Bank, I propose that it should be governed on precisely the same principles as would regulate any other body dealing with Bank of England notes.
Página 59 - Four general courts to be held in every year in the months of September, December, April, and July. A general court may be summoned at any time, upon the requisition of nine proprietors duly qualified as electors. "The majority of electors in general courts have the power to make and constitute by-laws and ordinances for the government of the corporation, provided that such by-laws and ordinances be not repugnant to the laws of the kingdom, and be confirmed and approved according to the statutes...
Página 266 - ... operation of that statute, and by the proceedings of the Bank itself. This effect may be traced, directly, to the act of 1844, in the legislative restriction imposed on the means of accommodation, whilst a large amount of bullion was held in the coffers of the Bank, and during a time of favourable exchanges ; and it may be traced to the same cause, indirectly, as a consequence of great fluctuations in the rate of discount, and of capital previously advanced at an unusually low rate of interest.
Página 55 - ... the act authorizes the raising of 1,200,000/. by voluntary subscription, the subscribers to be formed into a corporation, and be styled " The Governor and Company of the Bank of England." The sum of 300,000/. was also to be raised by subscription, and the contributors to receive instead annuities for one, two or three lives. Towards the 1,200,000/. no one person was to subscribe more than 10,000/.
Página 128 - An Act to regulate the Issue of Bank Notes, and for giving to the Governor and Company of the Bank of England certain Privileges for a limited Period.

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