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Real Estate Bank Of Arkansas
The Real Estate Bank of Arkansas was a bank in Arkansas during the 1830s through 1850s. Formed in 1836, the bank had a troubled history with accusations of waste and favoritism, as well as violations of the bank's legal charter. The bank suspended specie payments in 1839 to allow it to lend out more money. Paper money issued by the bank lost value, and the bank entered trusteeship in 1842. An act of the Arkansas legislature approved of the transfer to the trustees in 1843, but the trustees did not forward information to the state and personally benefited from the arrangement. In 1853, the Arkansas legislature passed a bill to have the Arkansas Attorney General take the bank to chancery court, but the filing could not be made until 1854 because of lack of cooperation from the trustees. April 1855 saw the bank's assets transferred from the trustees to the state, and in 1856 the first full public accounting of the bank's finances was made. The bonds related to the bank were no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Bank
A state bank is generally a financial institution that is chartered by a federated state, as opposed to one regulated at the federal or national level. State banks differ from a reserve bank in that it does not necessarily control monetary policy (the state in question may have no legal capacity to create monetary policy), but instead usually offers only retail and commercial services. United States In the United States, the terms "state-chartered bank" or "state-chartered savings bank" are used in contradistinction to "national bank" or " federal savings bank", which are technically chartered across all US states. A national bank must have "National" or "N.A." in its corporate name, a Federal Savings Bank must have "Federal" or "F.S.B." in its name, while a state chartered bank cannot have "National" or "Federal" in its name. All national banks and savings institutions are chartered and regulated by the Office of the Comptroller of the Currency. State banks are chartered and r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bonded Indebtedness
In finance, a bond is a type of security under which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Speaker Of The Arkansas House Of Representatives
The Speaker of the Arkansas House of Representatives is the speaker (presiding officer) of the Arkansas House of Representatives, the lower house of the Arkansas General Assembly. They serve as the leader and head of the Arkansas House, and can control what legislation comes to a vote. The Speaker's counterpart in the State Senate is the President of the Senate. Position legacy Some early Speakers went on to prominent political careers or leveraged the position into statewide positions. John Roane, James Berry, James P. Eagle and others became governor in the years after serving as Speaker. J. C. Tappan was twice nominated by the Democrats, but declined to run both times. Albert Rust and Lewis E. Sawyer became US Representatives. In recent times, the Speaker has been a veteran member of the General Assembly. List of speakers See also *Governor of Arkansas References External links *http://house.legis.state.ar.us/ {{Authority control Arkansas General A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1837
The Panic of 1837 was a financial crisis in the United States that touched off a major depression, which lasted until the mid-1840s. Profits, prices, and wages went down, westward expansion was stalled, unemployment went up, and pessimism abounded. The panic had both domestic and foreign origins. Speculative lending practices in the West, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Britain were all factors. The lack of a central bank to regulate fiscal matters, which President Andrew Jackson had ensured by not extending the charter of the Second Bank of the United States, was also key. This ailing economy of early 1837 led investors to panic – a bank run ensued – giving the crisis its name. The run came to a head on May 10, 1837, when banks in New York City ran out of gold and silver. They suspended specie payments and would no longer redeem commercial paper in specie at full face value. A si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Bank Of Arkansas $5 Note
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from '' Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of Arkansas
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments after their conquest by Rome. Plato used the metaphor of turning the Ship of State with a rudder; the Latin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Representative
The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the lower chamber of the United States Congress, with the Senate being the upper chamber. Together they comprise the national bicameral legislature of the United States. The House's composition was established by Article One of the United States Constitution. The House is composed of representatives who, pursuant to the Uniform Congressional District Act, sit in single member congressional districts allocated to each state on a basis of population as measured by the United States Census, with each district having one representative, provided that each state is entitled to at least one. Since its inception in 1789, all representatives have been directly elected, although universal suffrage did not come to effect until after the passage of the 19th Amendment and the Civil Rights Movement. Since 1913, the number of voting representativ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Senator
The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and powers of the Senate are established by Article One of the United States Constitution. The Senate is composed of senators, each of whom represents a single state in its entirety. Each of the 50 states is equally represented by two senators who serve staggered terms of six years, for a total of 100 senators. The vice president of the United States serves as presiding officer and president of the Senate by virtue of that office, despite not being a senator, and has a vote only if the Senate is equally divided. In the vice president's absence, the president pro tempore, who is traditionally the senior member of the party holding a majority of seats, presides over the Senate. As the upper chamber of Congress, the Senate has several powers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surety
In finance, a surety , surety bond or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the ''obligee'') a certain amount if a second party (the ''principal'') fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation. The person or company providing the promise is also known as a "surety" or as a "guarantor". Overview A surety bond is defined as a contract among at least three parties: * the ''obligee'': the party who is the recipient of an obligation * the ''principal'': the primary party who will perform the contractual obligation * the ''surety'': who assures the obligee that the principal can perform the task European surety bonds can be issued by banks and surety companies. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red River Of The South
The Red River, or sometimes the Red River of the South, is a major river in the Southern United States. It was named for its reddish water color from passing through red-bed country in its watershed. It is one of several rivers with that name. Although once a tributary of the Mississippi River, the Red River is now a tributary of the Atchafalaya River, a distributary of the Mississippi that flows separately into the Gulf of Mexico. This confluence is connected to the Mississippi River by the Old River Control Structure. The south bank of the Red River formed part of the US–Mexico border from the Adams–Onís Treaty (in force 1821) until the Texas Annexation and the Treaty of Guadalupe Hidalgo. The Red River is the second-largest river basin in the southern Great Plains. It rises in two branches in the Texas Panhandle and flows east, where it serves as the border between the states of Texas and Oklahoma. It forms a short border between Texas and Arkansas before enteri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Batesville, Arkansas
Batesville is the county seat and largest city of Independence County, Arkansas, United States, 80 miles (183 km) northeast of Little Rock, the state capital. According to the 2010 Census, the population of the city was 10,268. The city serves as a regional manufacturing and distribution hub for the Ozark Mountain region and Northeast Arkansas. Looking down Main street 1990 History Batesville is the second oldest municipality after the town of Georgetown — and the oldest city — in the state of Arkansas. It was named for the first territorial delegate from Arkansas to the Congress of the United States, James Woodson Bates, who settled in the town. The town has also gone by the names of Napoleon and Poke Bayou. In early days, Batesville was an important port on the White River and served as an entry point to the interior of northern Arkansas. Batesville played a large role in the settling of the Ozark Mountains region and served as the central land office for northe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fayetteville, Arkansas
Fayetteville () is the second-largest city in Arkansas, the county seat of Washington County, and the biggest city in Northwest Arkansas. The city is on the outskirts of the Boston Mountains, deep within the Ozarks. Known as Washington until 1829, the city was named after Fayetteville, Tennessee, from which many of the settlers had come. It was incorporated on November 3, 1836, and was rechartered in 1867. The three-county Northwest Arkansas Metropolitan Statistical Area is ranked 102nd in terms of population in the United States with 560,709 in 2021 according to the United States Census Bureau. The city had a population of 95,230 in 2021. Fayetteville is home to the University of Arkansas, the state's flagship university. When classes are in session, thousands of students on campus change up the pace of the city. Thousands of Arkansas Razorbacks alumni and fans travel to Fayetteville to attend football, basketball, and baseball games. The city of Fayetteville i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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