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Updated: August 7, 2024
"W 's have stopped payment." W 's was a great London house, the favourite banking-house in our country, with which many provincial banks, and Jessop's especially, were widely connected, and would be no one knew how widely involved. "W 's stopped payment!"
His wife was fortunate in the fact of her property being settled upon herself, and in having sufficient ability to keep up the banking-house in Saumur, which was managed in her name and repaired the breach in her fortune caused by the extravagance of her husband.
His dialogues on Dante, and Francesco d'Olanda's account of the meetings at S. Silvestro, prove that he formed a member of that little circle which included Michelangelo and Vittoria Colonna. Luigi del Riccio was a Florentine merchant, settled in the banking-house of the Strozzi at Rome.
Since the fatal day when, upon his denunciation, his cashier had been arrested, the banker, this active, energetic man of business, had been a prey to the most gloomy melancholy, and absolutely refused to take any interest in his affairs, seldom entering the banking-house.
He set out, and when he had crossed the bridge, he entered the banking-house of the Altoviti to inquire as to the alteration in the rate of exchange on Naples, and there sat down to rest.
The clerks all liked him and that is something to say of a partner in a banking-house, I can tell you! "Well, young Trowbridge," says he, giving his papers on the table a brisk push away from him, "so you are going to set up in business for yourself, are you? I have a great regard for your father, and a great wish to see you succeed. Have you started yet? No? Just on the point of beginning, eh?
"Not very polite, that customer," said little Cavaillon, "but he will soon be settled, for here comes Prosper." Prosper Bertomy, head cashier of Fauvel's banking-house, was a tall, handsome man, of about thirty, with fair hair and large dark-blue eyes, fastidiously neat, and dressed in the height of fashion.
"Same old game," laughed Holmes, as he read the superscription. "The most conservative banking-house in New York! It's amazing how such institutions issue letters indiscriminately to any Tom, Dick, or Harry who comes along and planks down his cash.
A banking corporation allows a majority to determine such questions of discretion as whether the note of A or of B shall be discounted; whether notes shall be discounted on one, two, or six days in the week; how many hours in a day their banking-house shall be kept open; how many clerks shall be employed; what salaries they shall receive, and such like matters, which are in their nature mere subjects of discretion, and where there are no natural presumptions of justice or right in favor of one course over the other.
No, you have fallen on your feet this time, young man. What I have told you is all true." "Do you mean to say that your friend wishes to advance me two hundred and fifty thousand dollars to found a banking-house?" "Precisely." "But I have no security to offer." "I have already told you that no security will be required." "Excuse me eh but is your friend of sound mind?"
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