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Updated: May 22, 2025
But now large joint stock banks of deposit are among the most conspicuous banks in Lombard Street. They have a large paid-up capital and intelligible published accounts; they use these as an incessant advertisement, in a manner in which no individual can use his own wealth. By their increasing progress they effectually prevent the foundation of any new private bank.
Better things even than this might be done by wholesome and practical concentration on a more extended scale. So the States-General granted a patent or charter to one great company with what, for the time, was an enormous paid-up capital, in order that the India trade might be made secure and the Spaniards steadily confronted in what they had considered their most impregnable possessions.
"Mr. Kimball says this is the day of consolidation an' if we had a paper the Cherry Ponders an' all the Clightville people'd naturally join in an' take it too. He says he's figured that if he can start out with a hundred paid-up subscribers of a dollar each he can make a go of it.
Our Postal Savings Bank deposits, with a population seven times as large as yours, are only about 7 million sterling, and even of this a little over one-tenth is held by Europeans. Your total paid-up capital of joint-stock companies is about 1,900 million sterling. Ours is not quite 26 million sterling, and the greater part of this again is European.
Meeting him in Sackville Street, he stopped him to inquire what would be the paid-up capital of the concern. The other forgot whom he was addressing, and blurted out the truth by replying: 'Well, I really cannot tell you just yet, but the cheques are coming in fast. The judge withdrew his application by the next post, and confidently expected to see his friend in the dock.
It is the purpose of the American Mining Congress, after having secured the enactment of laws providing penalties for fraudulent representations and requiring publicity, to perfect an organization to SECURE EXECUTION of these laws, and also to carry on campaigns of education showing to investors, first, that mining is a legitimate business and not a gamble; second, that mines are found and not made; third, that investments in mining should be made with the same care and prudence exercised by business men when embarking in other business enterprises. . . . The next work of our organization will be along the line of developing some manner of control of corporations by which paid-up capital stock shall represent actual value."
The Patent Pump shares were down to 15l. upon a paid-up capital of 65l. Still ours were at a high premium; and the Independent West Diddlesex held its head up as proudly as any office in London. Roundhand's abuse had had some influence against the Director, certainly; for he hinted at malversation of shares: but the Company still stood as united as the Hand- in-Hand, and as firm as the Rock.
With his fat hand, he had dropped into the hands of senators and ministers of the former régime, a sum for which the only receipt given was a smile. He was accustomed to the style of conversation carried on by hints and ended between intelligent people by a shake of the hand, that in which some bits of paper rested: bank-notes or paid-up shares. And this Vaudrey knew nothing!
Better things even than this might be done by wholesome and practical concentration on a more extended scale. So the States-General granted a patent or charter to one great company with what, for the time, was an enormous paid-up capital, in order that the India trade might be made secure and the Spaniards steadily confronted in what they had considered their most impregnable possessions.
"A company which started into existence last year with amazing suddenness, which filled the whole world with its flaming advertisements, crowding the newspapers, and decorating the street-corners, a company which was most surely to enrich its stockholders, is already no longer able to pay the interest on its paid-up capital. "As to the capital itself but we will not anticipate events.
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