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.

References in periodicals archive ?
Moscow: The Bank of Russia revoked a banking licence from the Moscow-based credit institution Public Joint-stock Company Moscow Joint-stock Bank Tempbank, further referred to as the credit institution.
An Binh Joint-Stock Bank (ABBANK) and Tien Phong Commercial Joint-Stock Bank have signed the agreements with ADB in this regard.
The Vietnam Technological and Commercial Joint-stock Bank, or Techcombank, has announced that it has selected its former deputy chief executive officer, Nguyen Le Quoc Anh as its new chief executive officer on September 23, 2016.
Hanoi and Tokyo, Dec 28, 2015 - (ACN Newswire) - The Military Commercial Joint- Stock Bank (MB), a leading commercial joint-stock bank in Vietnam, and JCB International Co.
Hanoi and Tokyo, Dec 28, 2015 - (JCN Newswire) - The Military Commercial Joint- Stock Bank (MB), a leading commercial joint-stock bank in Vietnam, and JCB International Co.
aACAo Saigon Thuong Tin Commercial Joint-Stock Bank (Sacombank; B3 deposits,
Such a huge injection," exclaimed one trader at a joint-stock bank in Shanghai.
20 October 2011 - Commonwealth Bank of Australia (ASX:CBA) will raise its current 15% stake in Vietnam International Commercial Joint-Stock Bank (VIB) by 5% for VND1.
According to this Decree the state share in joint-stock commercial banks must not exceed 50 percent; besides, if enterprises or any other organizations which have a state share of more than 25 percent are not allowed to have a 50 percent share in a joint-stock bank (3).
On Friday, the firm has announced the deployment of this new technology at Techcombank, also known as the Vietnam Technological and Commercial Joint-Stock Bank.
12 November 2011 -- Vietnamese Military Commercial Joint-Stock Bank plans an initial public offering (IPO) of 730m shares at VND13,000 a share, or VND9.
21 July 2011 - Fitch confirmed on Wednesday and simultaneously withdrew the ratings of Joint-Stock Bank for Foreign Trade of Vietnam (HCM:VCB), or Vietcombank.
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