Publisher's Synopsis
Excerpt from The National Bank Act: With All Its Amendments Annotated and Explained
While the extensive and rapidly increasing business that has been carried on for forty years under this Act has in the main been developed with little friction or confusion, yet the numerous amendments made by Con gress - some as late as 1903 - and the numerous im portant and interesting decisions still appearing in the reports, show that the subject even to-day is open to many doubts and possibilities of controversy, especially upon such points as Forfeitures for Charges of Usurious Interest, Power to Take and Hold Real Estate, and Mortgages thereof, as Security for Old or New Loans, Proper Limitations to Powers of Directors, Presidents and Cashiers, Ultra Vires, and the like.
Where there is any con?ict of the decisions they are carefully compared, that it may be shown whither the weight of authority now tends, and altogether it is hoped that this work will be found of great practical service.
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