Joint stock banks

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JOINT STOCK BANKS. In England they are a species of quasi corporations, or companies regulated by deeds of settlement; and, in this respect, the stand in the same situation as other unincorporated bodies. But they differ from the latter in this, that they are invested by certain statutes with powers and privileges usually incident to corporations. These enactments provide for the continuance of the partnership, notwithstanding a change of partners. The death, bankruptcy, or the sale by a partner of his share, does not affect the identity of the partnership; it, continues the same body, under the same name, by virtue of the act of parliament, notwithstanding these changes. 7 Geo. IV., c. 46, s. 9.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
All joint stock banks are required to list on the Ho Chi Minh City Stock Exchange (HoSE), Hanoi Stock Exchange (HNX) or the Unlisted Public Company Market (UPCoM) by next year.
Pakistani traders need to understand the complexity of the Chinese system, which includes four main state commercial banks: the Agricultural Bank of China, the China Construction Bank and the Bank of Communications, besides joint stock banks, state policy banks.
According to the Beijing Youth Daily, in the past four months, state-owned banks, joint stock banks, city and urban commercial banks and overseas banks have closed 326 branches, with more than half of them being community branches or small and micro-sized branches.
The chapter is also written from a spatial perspective and maps the distribution of the Irish joint stock banks at decadal intervals between 1861 and 1911.
Vietnam Export Import Commercial Joint Stock Bank (Vietnam Eximbank) was established in 1989 and was among the first commercial joint stock banks with leading operational scope, financial capability and service quality in Vietnam.
LIKE many of your readers I am angry that the joint stock banks continue to treat us, the general public, with such appalling contempt.
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