Modern Banking Methods and Practical Bank Bookkeeping (Classic Reprint) - Couverture souple

Barrett, Albert Reed

 
9781330130056: Modern Banking Methods and Practical Bank Bookkeeping (Classic Reprint)

Synopsis

This book is the outcome of a career spent in banking and public accounting and is offered in the hope it will be of service to the banking fraternity. The reader will find a careful examination of both the State and National banking laws, along with insights into the pros and cons of each. The author shows that while there is much similarity in the powers granted by both, the National Banking Law has, as a rule, more rigid restrictions. In addition to a discussion on the relative merits of each system, the author offers guidance on the following topics: organizing a bank, determining the amount of capital stock, and selecting the directors. Further chapters cover the duties and obligations of directors, the liabilities and penalties for violating the law, and a general form of bylaws. For anyone interested in banking and finance, this book will be of great interest and value.

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