Evolution of Credit And Banks in France From the Founding of the Bank of France to the Present Time 5623
Evolution of Credit And Banks in France From the Founding of the Bank of France to the Present Time 5623
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In our eReader you can find the full English version of the book. Read Evolution of Credit And Banks in France From the Founding of the Bank of France to the Present Time 5623 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Evolution of Credit And Banks in France From the Founding of the Bank of France to the Present Time 5623
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The capital then was increased to 80,000,000 francs.
The subscription succeeded admirably, which was not surprising.
XX9 N ational Monetary Commission THE INFI^UENCE OF MORE I^IBERAL I.EGISLATION ON BUSINESS IN GENERAI, AND ON CREDIT IN PARTICULAR.
In the period from 1863 to 1867 new laws were passed which have had a very great influence on the develop- ment of large industries and credit institutions. We shall take these laws into account only so far as they concern the latter.
^^gpfnr^ ||iP l...aw nX May 23-29, 1863, no joiut stock Com- pany could be founded without the authorization of the ruler and without his approval of the act which consti- tuted the society. This law did away with this authori- zation, but stipulated that the capital of the society could not be more than 20,000,000 francs. The shares forming the capital fixed on by the founders were to be completely subscribed for, but the law required that only a quarter of the capital issued be paid in. The direct- ors nominated by the general assembly of shareholders (which approves the statutes) must own in equal lots one-twentieth of the society's capital, and the shares forming this twentieth were not to be sold.
What to read after Evolution of Credit And Banks in France From the Founding of the Bank of France to the Present Time 5623?
You can find similar books in the "Read Also" column, or choose other free books by United States. National Monetary Commission to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The capital then was increased to 80,000,000 francs.
The subscription succeeded admirably, which was not surprising.
XX9 N ational Monetary Commission THE INFI^UENCE OF MORE I^IBERAL I.EGISLATION ON BUSINESS IN GENERAI, AND ON CREDIT IN PARTICULAR.
In the period from 1863 to 1867 new laws were passed which have had a very great influence on the develop- ment of large industries and credit institutions. We shall take these laws into account only so far as they concern the latter.
^^gpfnr^ ||iP l...aw nX May 23-29, 1863, no joiut stock Com- pany could be founded without the authorization of the ruler and without his approval of the act which consti- tuted the society. This law did away with this authori- zation, but stipulated that the capital of the society could not be more than 20,000,000 francs. The shares forming the capital fixed on by the founders were to be completely subscribed for, but the law required that only a quarter of the capital issued be paid in. The direct- ors nominated by the general assembly of shareholders (which approves the statutes) must own in equal lots one-twentieth of the society's capital, and the shares forming this twentieth were not to be sold.
What to read after Evolution of Credit And Banks in France From the Founding of the Bank of France to the Present Time 5623?
You can find similar books in the "Read Also" column, or choose other free books by United States. National Monetary Commission to read onlineMoreLess
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