Publisher's Synopsis
Excerpt from Banking, Credit and Finance
Realizing the importance of the finances in the public economy, the student will readily understand the utility of banking in all commercial communities. He will learn from this volume how the banker stands between the capitalist and the borrower, as the medium whereby arrangements are made for carrying on and expanding domestic trade and inter national commerce. He will see why the banker becomes a prominent and esteemed citizen of the community, and how great is the banker's in?uence, individually and collectively, in keeping business on a safe basis; checking the over-enthusiastic and the purely speculative, but ever promoting enterprise on the part of worthy men.
The various steps attending the organization of a bank are clearly shown; also the duties of directors and officers, the functions, rights and obligations of shareholders, requirements as to meetings, etc. The student will learn how bank accounts are opened.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
