 There are instances in which the stockholders, by paying for their shares in their own notes, and afterwards redeeming their notes with the stock in their name, suffered no loss ; and this fell exclusively on the holders of bank-notes and depositors.  The Elements of Political Economy - Page 296by Francis Wayland - 1837 - 472 pagesFull view - About this book
 | Albert Gallatin - 1830 - 100 pages
...thirty-five millions, the failures have amounted to twentyfour and a half, or to about two-elevenths of the whole. Of the actual loss incurred, we can...the stock in their name, suffered no loss; and this fell exclusively on the holders of bank-notes and depositors. In many cases, where the whole stock... | |
 | Albert Gallatin - 1831 - 120 pages
...millions. On a total capital of one hundred and forty millions, the failures have amounted to thirty, or to more than one-fifth of the whole. Of the actual loss...the stock in their name, suffered no loss ; and this fell exclusively on the holders of bank-notes and dejKisitors. In many cases, where the whole stock... | |
 | 1832 - 332 pages
...millions. On a total capital of one hundred and forty millions, the failures have amounted to thirty, or to more than one-fifth of the whole. Of the actual loss...the stock in their name, suffered no loss ; and this fell exclusively on the holders of bank-notes and depositors. In many cases, where the whole stock... | |
 | William M. Gouge - 1833 - 414 pages
...a discount, and therewith pay what they owe to the Bank. "There are instances," says Mr. Gallatin, "in which the stockholders, by paying for their shares...the stock in their name, suffered no loss ; and this fell exclusively on the holders of Bank notes and depositors." In the New York American, for Juue 1825,... | |
 | Francis Wayland - 1840 - 456 pages
...capital of one hundred and forty millions, the failures have amounted to thirty, or more than one fifth of the whole. Of the actual loss incurred, we can...holders of notes, nevertheless, suffered a partial lossi In the most favorable cases, the stockholders lost a considerable portion of the stock, and all... | |
 | 1842 - 422 pages
...a discount, and therewith pay what they owe to the bank. " There are instances," says Mr. Gallatin, "in which the stockholders, by paying for their shares...the stock in their name, suffered no loss ; and this fell exclusively on the holders of bank notes and depositors." In the New York American, for June 1825,... | |
 | United States. Department of the Treasury - 1876 - 1034 pages
...about 110 millions. Ou a total capital of 140 millions, the failures have amounted to thirty millions, or more than one-fifth of the whole. Of the actual...by paying for their shares in their own notes, and afterward redeeming their notes with the stock iu their name, suffered no loss; and this fell exclusively... | |
 | United States. Congress. House - 1877 - 1042 pages
...about 110 millious. Ou a total capital of 140 millions, the failures have amounted to thirty millions, or more than one-fifth of the whole. Of the actual...by paying for their shares in their own notes, and afterward redeeming their notes with the stock in their name, guttered по loss ; and this fell exclusively... | |
 | Albert Gallatin - 1879 - 668 pages
...millions. On a total capital of one hundred and forty millions the failures have amounted to thirty, or to more than one-fifth of the whole. Of the actual loss...the stock in their name, suffered no loss ; and this fell exclusively on the holders of bank-notes and depositors. In many cases, where the whole stock... | |
 | United States. Department of the Treasury - 1893 - 130 pages
...to about $110,000,000. On a total capital of$140,000,000 the failures have amounted to $30,000,000, or more than one-fifth of the whole. Of the actual...by paying for their shares in their own notes, and afterward redeeming their notes with the stock in their name, suffered no loss; and this fell exclusively... | |
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