Providing for Control and Regulation of Bank Holding Companies, Hearings Before ..., 80-1 on S. 829 ..., May 26, June 2 and 11, 19471947 - 186 pages |
From inside the book
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Page 4
... stockholders of such bank . SEC . 8. SERVICE FEES OR BENEFITS . - The Board is authorized , if in its opinon such action is necessary or appropriate for the protection of depositors or investors and after appropriate notice and ...
... stockholders of such bank . SEC . 8. SERVICE FEES OR BENEFITS . - The Board is authorized , if in its opinon such action is necessary or appropriate for the protection of depositors or investors and after appropriate notice and ...
Page 11
... stockholders of national banks to vote their stock in such banks . As amended , and as it now stands , this section provides that a holding company before it may vote its stock of a member bank , must first obtain a permit to do so from ...
... stockholders of national banks to vote their stock in such banks . As amended , and as it now stands , this section provides that a holding company before it may vote its stock of a member bank , must first obtain a permit to do so from ...
Page 17
... stockholders little with which to defend themselves except their own strenuous protests . Senator FLANDERS . I would like to ask one or two questions . I have to go to another committee meeting . This paragraph you have just read refers ...
... stockholders little with which to defend themselves except their own strenuous protests . Senator FLANDERS . I would like to ask one or two questions . I have to go to another committee meeting . This paragraph you have just read refers ...
Page 30
... stockholders have been powerless to get any say in the affairs of their own company ; they have no voting rights in the association whatsoever - really a most extraordinary set - up . As near as I can make out , bill S. 829 is a step in ...
... stockholders have been powerless to get any say in the affairs of their own company ; they have no voting rights in the association whatsoever - really a most extraordinary set - up . As near as I can make out , bill S. 829 is a step in ...
Page 36
... stockholders of the bank stock which they now hold . The Corporation believes that such legislation is distinctly preferable to the enactment of further regulatory laws in the bank - holding - company field . " We believe that the ...
... stockholders of the bank stock which they now hold . The Corporation believes that such legislation is distinctly preferable to the enactment of further regulatory laws in the bank - holding - company field . " We believe that the ...
Common terms and phrases
acquire affiliates amendments American General Corp approval assets authority bank holding company Bank of America bank stocks Bankers Association Banking Act banking business BEASLEY bill branch banking Calif certificates CHAIRMAN comakers committee Comptroller Congress controlled banks Currency Deposit Insurance Corporation directors dividends ECCLES existing fact FDIC Federal Deposit Insurance Federal Reserve Act Federal Reserve Board Federal Reserve System Giannini holders Holding Company Act HUNTINGTON independent bankers Industrial Bank interest Investment Company Act Kentucky legislation loan majority member banks ment monopoly Morris Plan banks Morris Plan Corp National Bank nonbanking officers operations pany percent person president purchase purpose referred registered investment company regulation Reserve Act 12 Senator BUCK Senator CAIN Senator FLANDERS Senator ROBERTSON shareholders Shawmut Association Spokane statement Statutes stockholders subsidiary banks thereof tion TOBEY Total Transamerica trust estate Trustees United States Senate voting permit voting shares
Popular passages
Page 8 - If any provision of this Act or the application of such provision to any person or circumstance shall be held invalid, the remainder of the Act and the application of such provision to persons or circumstances other than those as to which it is held invalid shall not be affected thereby.
Page 6 - That any person who shall neglect or refuse to attend and testify, or to answer any lawful inquiry, or to produce documentary evidence, if in his power to do so, in obedience to the subpoena or lawful requirement of the commission...
Page 6 - No objection to the order of the Board shall be considered by the court unless such objection shall have been urged before the Board or unless there were reasonable grounds for failure so to do.
Page 6 - If either party shall apply to the court for leave to adduce additional evidence, and shall show to the satisfaction of the court that such additional evidence is material and that there were reasonable grounds for failure to adduce such evidence in the hearing...
Page 6 - ... and any failure to obey such order of the court may be punished by such court as a contempt thereof. All process in any such case may be served in the judicial district whereof such person is an inhabitant or wherever he may be found.
Page 90 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Page 6 - Commission, on the ground that the testimony or evidence, documentary or otherwise, required of him, may tend to incriminate him or subject him to a penalty or forfeiture; but no individual shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter, or thing concerning which he is compelled, after having claimed his privilege against self-incrimination...
Page 5 - Commission or any officer designated by it is empowered to administer oaths and affirmations, subpena witnesses, compel their attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, or other records which the Commission deems relevant or material to the inquiry.
Page 6 - Board, its member, agent, or agency, there to produce evidence if so ordered, or there to give testimony touching the matter under investigation or in question ; and any failure to obey such order of the court may be punished by said court as a contempt thereof.
Page 7 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares, and give one candidate as many votes as the number of directors multiplied by the number of his shares of stock shall equal, or to distribute them on the same principle among as many candidates as he shall think fit; and such directors or managers shall not be elected in any other manner.