Control and Regulation of Bank Holding Companies: Hearings Before ... , 84-1 on H.R. 2674 ... , February 28, March 1 ... 9, 19551955 - 645 pages |
Common terms and phrases
acquired acquisition affiliated banks agency American Bankers Association assets authority Bank & Trust bank holding company Bank of America Bank of Italy Bank of Nevada bank stocks Bankers Association banking business banking offices banking system BELGRANO bill board of directors Board of Governors BOYLES branch banking BUSH California capital stock CHAIRMAN comakers commercial banks competition Comptroller Congress corporation Currency deposits divestment dividends Federal Reserve Board Federal Reserve System GRIFFITHS hearings holding company affiliate HUNTINGTON Illinois independent bankers insurance company Investment Company JENKINS largest banks legislation loans MARTIN MCDONOUGH member banks mergers million Morris Plan Corp MULTER MUMMA National Bank North Dakota Northwest Bancorporation number of banks O'HARA Open Market Committee operations organized ownership pany PATMAN percent permit prohibit provisions question regulation ROBERTSON Savings Bank securities shareholders shares statement stockholders THOMSON tion Transamerica Corp vice president voting WOLCOTT York
Popular passages
Page 5 - 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 330 - Board, provided such promissory notes are secured by such notes, drafts, bills of exchange, or bankers' acceptances as are eligible for rediscount or for purchase by Federal reserve banks under the provisions of this Act, or by the deposit or pledge of bonds or notes of the United States.
Page 273 - Similar authority with respect to security measures at banks would be conferred by the bill on the Federal Reserve Board, the Comptroller of the Currency and the Federal Deposit Insurance Corporation.
Page 603 - The CHAIRMAN. Are there any other questions? If not we are very much obliged to you, Doctor.
Page 9 - If there is distributed, in pursuance of a plan of reorganization, to a shareholder in a corporation a party to the reorganization, stock or securities in such corporation or in another corporation a party to the reorganization, without the surrender by such shareholder of stock or securities in such a corporation, no gain to the distributee from the receipt of such stock or securities shall be recognized.
Page 400 - Notwithstanding any other provision of this section, no application shall be approved under this section which will permit any bank holding company or any subsidiary thereof to acquire, directly or indirectly, any voting shares of, interest in, or all or substantially all of the assets of any additional bank...
Page 612 - That no corporation engaged in commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital and no corporation subject to the jurisdiction of the Federal Trade Commission shall acquire the whole or any part of the assets of another corporation engaged also in commerce, where in any line of commerce...
Page 302 - ... for the year then ended. Our examination was made in accordance with generally accepted auditing standards, and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances.
Page 191 - ... device for the distribution of earnings and profits to the shareholders of any corporation a party to the reorganization.
Page 68 - ... constitutes unreasonable restraint, we do not think the dollar volume is in itself of compelling significance; we look rather to the percentage of business controlled, the strength of the remaining competition, whether the action springs from business requirements or purpose to monopolize, the probable development of the industry, consumer demands, and other characteristics of the market.