New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-26
BoyD SUBSCRIPTIONS HERE.
CONTINUING AGREEMENT ADOPTED bl
THE BANKS-TAX ON lNsuR-
.NCE COMPANIES.

T 10 .uhs>rfn,ions for the new per cent bonds
o,Ara received YESTERDAY az the sui Treasury-iess
than the oversge number during me pIece"'hs IaS
Of The week for SATURDAY ~ short day IN tne
Aran al dis ict and as 4 rule also dull day
Tho hanks having decided in vier Of the pro-
hihitorv effect upon trading which the payment OF
the var tax upon call loan notes would nave -
sbandon their practice Of requiring sucn noes ga
their making call loans have suosntut~i ,He '0
lowing form oc continuing agreement "nioh r
similar 20 that adopted 2 a Ike conNhse'oF a. CIV
time Of the civil War
Know al men by these presents ma; ne pnpS,
signed IN consideration Of financial acc9ih ~ ne
Ions yeT5 or or 70 ne 'e g1e Sank o he cry 4
NeN-York hereby agree with The sara ninh nc
hsnfye6 or the nde6ed % the said bank
for money ent. or for money plid loI 'I1e arSraf
or upon any indorsement. draft guarantee or IN IA
anv manner whatsoever. or upon an sa,,a ne
the said bank shall then and lhe!ssAl-l Aa ~
following r,shts in adlton 10 those created oY ne
circumstances from which sIch moe o,e;9h No. eX
arise against the undersigned or M 81 me-
scutors Administrators or a:s.gIs nat1'ey, ers,gnea
First-An securities ceposite1 oN nc lb ios7 or
,odebeGaess Of he Tndefsgned said hank shai!
1sblifv Of the Undersigned TO SAID bank. whether
then existing or theEeafte! contract di,u =, ~
SeDost account of the undersigned Win sdlu nitN
existing from time 10 time ana upon , a. -, lHi,6
said bank for safe keeping or otheIWise OF ritZ.
into the HANDS Of SAD bank N any - aid sank
nov existing or hereafter contracted ,o,,a ,be
Second-Said bank shan al an l!i19s ,hat here
shall he lodged with said bank as secF.y ip San AZ
EXISTING fatalities Of The 81 me s M salts
f9fttforv 70 saa bank and upon the failure OF me
undersigned a. ali times keep margin OF secH ~
undersiened satisfactory to said bank or upon am
fainrs in business or making 81 IN ,nsoyNnt as as
i5nrnsnt ty N. Undersigned then and in either
event all liabilities of the unGers;sned 20 S4. oaiiN
atslv dve and payable not outstanding airy creui'
or time allowed % the unceEslSneG ri. any ''-'
gi he failure Of the UNDERSIGNED either
20 paw any Indebtedness said bank when recon
literal Securities above provided t9T hen @n 6oi
either sa4 5d PANT Mth may 70 e
500 sell any OF the securities held BY ], a.
agan; any or an OF sale a' 6r Brokers' Board or
otherwise and apply the pIoceeGs OF sn,h al II
lar as ahSeie Iogether with interest and expenses
of sale holding the undersigned resposIo ~, 49,
qsnC1shen o5 eain be AZ froker's Board or at public
auction. said bank may itSel oe ai,,t, ~ Tedenp.
~ of the undersigned such righ; ana eH+ no2
being hereby expressly waived ana 10 applv
oIa1d ne psvmenf Of the said liabilities al! oal;
ances Of any deposi; account ~ TIC
"h sa }r IanN arTe9d thai these presents eonsti
~ 10 t1hn,inuins agreement applying 10 any ana
we Vii as 70 existing transactions ne
tween the undersigned and sa!H oi'h - 49,,
President Mccall Of the New-York Lie lnsui
ance Company taking as basis tho returns iiH"s
., Albany for 1897 bv the insurance companies OF
~, .,as..s doing business in Ne~-Ycrk State est
mates that the total war TAX 10 which me Coil
naniss will be liable annually will he aoon' s-'-'''
as shown IN the following table. u
Companies. sa28 so4 ST. 1879 os9
insestrisi 40 per cent q hrs' los 90
weeEiv pr.raiumsl ......' ..-. -uI---
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