A Compilation of the Statutes Passed Since Confederation Relating to Banks and Banking, Government and Other Savings Banks, Promissory Notes and Bills ... Scotia: Together With Extracts From the Cr - Hardcover

Charles Peers Davidson

Hardcover

ISBN 10: 0331295989 ISBN 13: 9780331295986

Publisher: Forgotten Books, 2018

Synopsis

This book substantially revises the bank charters for Canada, continuing the incorporation of several banks, and aiming to consolidate previous banking laws into one document. The author sought to address specific concerns regarding note issuance, banking practices, and the powers of banks and their shareholders. The book outlines regulations for bank operations, including capital stock, the number of shares, and qualifications for directors. It delves into the responsibilities of shareholders and directors, such as voting rights, dividend payments, and liability for losses. Additionally, the book explores powers granted to banks, including real estate acquisition, lending practices, and the handling of mortgages and hypothecations. Through a comprehensive examination of banking practices, this book provides valuable insights into the legal and operational frameworks shaping the Canadian banking system.

Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 0331295989
• ISBN 13: 9780331295986
• Binding: Hardcover
• Number of pages: 114