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Atlantic National Bank (New York City)
Atlantic National Bank was a bank located at 17 Nassau Street in lower Manhattan in New York. It was organized in 1853 as a state institution. It became a national bank after legislation authorizing such institutions was voted on by the United States Congress. It was selected by the Erie Canal Board as a depository of its canal tolls in March 1856. The bank became insolvent in April 1873. Bank history The Atlantic National Bank was one of three in New York City to be exempted from taxes which pertained to capital invested in United States stocks after February 25, 1862. On that date a clause in an act was passed specifying this exclusion. The amount which the Atlantic National Bank declined to pay was $5,203.20. In April 1864 an amendment was passed in the New York Legislature to amend the bank's charter. In December 1865 the bank's directors declared a semi-annual 6% dividend which was exempt from government tax. The funds to be issued came from the profits of the previous ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Mail
The Pacific Ocean is the largest and deepest of Earth's five oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean (or, depending on definition, to Antarctica) in the south, and is bounded by the continents of Asia and Oceania in the west and the Americas in the east. At in area (as defined with a southern Antarctic border), this largest division of the World Ocean—and, in turn, the hydrosphere—covers about 46% of Earth's water surface and about 32% of its total surface area, larger than Earth's entire land area combined .Pacific Ocean . '' Britannica Concise.'' 2008: Encyclopædia Britannica, Inc. The centers of both the |
Banks Based In New York City
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of New York City
The written history of New York City began with the first European explorer, the Italian Giovanni da Verrazzano in 1524. European settlement began with the Dutch in 1608. The "Sons of Liberty" campaigned against British authority in New York City, and the Stamp Act Congress of representatives from throughout the Thirteen Colonies met in the city in 1765 to organize resistance to Crown policies. The city's strategic location and status as a major seaport made it the prime target for British seizure in 1776. General George Washington lost a series of battles from which he narrowly escaped (with the notable exception of the Battle of Harlem Heights, his first victory of the war), and the British Army occupied New York and made it their base on the continent until late 1783, attracting Loyalist refugees. The city served as the national capital under the Articles of Confederation from 1785 to 1789, and briefly served as the new nation's capital in 1789–90 under the United States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlantic National Bank
The Atlantic National Bank was an American bank based in Jacksonville, Florida. It existed from 1903 until 1985, when it was acquired by First Union. Subsequently, First Union changed its name to Wachovia Corporation when it also acquired Wachovia National Bank, then the merged company was acquired by Wells Fargo in 2008. The company constructed two significant buildings in Downtown Jacksonville: 121 Atlantic Place (formerly the Atlantic National Bank Building) and the Schultz Building (formerly the Atlantic National Bank Annex). History Founded in 1903 by Edward W. Lane, railroad magnate Thomas P. Denham, and Fred W. Hoyt, Atlantic National Bank was one of the most significant locally based banking institutions of its era. As time passed the bank went national, and developed correspondent relationships with banks in other regions of the country, including Wells Fargo in San Francisco. The bank was initially located in the Dyal-Upchurch Building in Downtown Jacksonville, but ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlantic Bank Of New York
Atlantic Bank of New York is a bank holding company and a subsidiary of New York Community Bank. History In 1926, Bank of Athens Trust Company, a subsidiary of Bank of Athens, received a bank charter in New York State. In 1952, the bank changed its name to Atlantic Bank of New York. In 1953, the bank acquired Hellenic Bank Trust Company. In 1959, the bank acquired Bankatlanta Safe Deposit Company. In 2002, the bank acquired Yonkers S&L. In 2006, the bank was acquired by New York Community Bank New York Community Bancorp, Inc. (NYCB) is a bank headquartered in Westbury, New York with 225 branches in New York, New Jersey, Ohio, Florida and Arizona. NYCB is on the list of largest banks in the United States. Almost all of the loans ori ... for $400 million. and Mr. Spiros J. Voutsinas appointed President of Atlantic Bank. In 2014, Spiros J. Voutsinas, the president & chief executive officer of the bank, died. In July 2014, Nancy Papaioannou was elected President of Atl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The departm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Legislature
The New York State Legislature consists of the two houses that act as the state legislature of the U.S. state of New York: The New York State Senate and the New York State Assembly. The Constitution of New York does not designate an official term for the two houses together; it says only that the state's legislative power "shall be vested in the senate and assembly". Session laws passed by the Legislature are published in the official ''Laws of New York''. Permanent New York laws of a general nature are codified in the ''Consolidated Laws of New York''. As of January 2021, the Democratic Party holds supermajorities in both houses of the New York State Legislature, which is the highest paid state legislature in the country. Legislative elections are held in November of every even-numbered year. Both Assembly members and Senators serve two-year terms. In order to be a member of either house, one must be a citizen of the United States, a resident of the state of New York for at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nassau Street (Manhattan)
Nassau Street is in the Financial District, within the borough of Manhattan in New York City. Its southern end is at the intersection with Broad Street and Wall Street, and its northern end is at Spruce Street, at Pace University near the foot of the Brooklyn Bridge. For its entire route, Nassau Street runs one block east of Broadway and Park Row. History Nassau Street was originally called Kip Street, after an early Dutch settler family, but was subsequently named in honor of the royal family of the Netherlands, the House of Orange-Nassau. It was named some time before William of Nassau, the Dutch prince who became King William III of England, so that is not the origin of the name, despite how easily it could be mistaken as such. Nassau Street once housed many of the city's newspapers. Late in the 20th century Nassau Street was closed to motor traffic during certain hours, in order to promote shopping. Nassau Street borders on the Fulton-Nassau Historic District, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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