The San Francisco Clearing House Certificates of 1907-1908
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6. Loan certificates.
Ninth — This agreement shall be duly and regularly authorized and rat- ified by the respective banks belonging to the San Francisco Clearing House Association, and a certified copy of such authorization and ratification be delivered to the Chairman of the Clearing House Loan Committee.
The following is a photographic reproduction of one of the "Loan Certificates"; the text was the same for all the different denominations : J^o $20,000 Loan Committee of the San Fbancisco Cl...earing House Association SAN FBANCISCO 1907 EljlB (BtrKfitB that the has deposited with this Committee securities in accordance with the proceedings of a Meeting of the Association held October 28, 1907, upon which this Certificate is issued.
This Certificate will be received in payment of balances at the Clearing House for the sum of Twenty Thousand Dollars from, any member of the Clearing House Association.
On the surrender of this Certificate by the depositing bank above named, the Committee ifill endorse the amKoint ae a paymeni on the obligation of said banJe held by ijtem, and surrender a proportionate share of the collateral securitiee held there- for.
What to read after The San Francisco Clearing House Certificates of 1907-1908?
You can find similar books in the "Read Also" column, or choose other free books by Plehn, Carl C. (Carl Copping), 1867- to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
6. Loan certificates.
Ninth — This agreement shall be duly and regularly authorized and rat- ified by the respective banks belonging to the San Francisco Clearing House Association, and a certified copy of such authorization and ratification be delivered to the Chairman of the Clearing House Loan Committee.
The following is a photographic reproduction of one of the "Loan Certificates"; the text was the same for all the different denominations : J^o $20,000 Loan Committee of the San Fbancisco Cl...earing House Association SAN FBANCISCO 1907 EljlB (BtrKfitB that the has deposited with this Committee securities in accordance with the proceedings of a Meeting of the Association held October 28, 1907, upon which this Certificate is issued.
This Certificate will be received in payment of balances at the Clearing House for the sum of Twenty Thousand Dollars from, any member of the Clearing House Association.
On the surrender of this Certificate by the depositing bank above named, the Committee ifill endorse the amKoint ae a paymeni on the obligation of said banJe held by ijtem, and surrender a proportionate share of the collateral securitiee held there- for.
What to read after The San Francisco Clearing House Certificates of 1907-1908?
You can find similar books in the "Read Also" column, or choose other free books by Plehn, Carl C. (Carl Copping), 1867- to read onlineMoreLess
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