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Bridge Bank - Law Dictionary Search Results

Home Dictionary Name: bridge bank

bridge bank

bridge bank see bank ...


bank

bank : an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank : a banking facility that is a separate but dependent part of a chartered bank ;esp : a facility that performs some banking functions and is separate from a main office bridge bank : a national bank that is chartered for a limited time to operate an insolvent bank until it is sold central bank : a national bank that establishes monetary and fiscal policy and controls the money supply and interest rate collecting bank : a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial bank : a bank organized chiefly to handle the everyday financial transactions of businesses (as through deposit accounts and commercial loans) cooperative bank : an association (as a credit union) owned by and offering banking services for its members ;specif : savings and ...


Bridge

Bridge [g'fnra, Gk.; pons, Lat.; bric, Sax.], a building erected across a river, ditch, valley, or other place, for the common benefit of travellers. The' Statute of Bridges' (22 Hen. 8, c. 5), (which see, with other statutes, Chitty's Statutes, tit. 'Highways (Bridges)'), provides for the rating of the inhabitants of a county or borough for the repair of bridges not repairable by any person ratione tenur'. As to the offence of pulling down, throwing down, or destroying a bridge, see (English) Malicious Damage Act, 1861 (24 & 25 Vict. c. 97), ss. 29 and 33.The management of county bridges is transferred from justices to county councils by s. 3, para Viii., of the (English) Local Government Act, 1888; and by s. 6 of the same Act the county councils may purchase bridges not being county bridges, and may erect new bridges. And see (English) Pub. Health Act, 1936, s. 343. The construction and repair of railway bridges over or under a public highway is mainly regulated by the (English) Rail...


Bridge

A structure usually of wood stone brick or iron erected over a river or other water course or over a chasm railroad etc to make a passageway from one bank to the other...


Bridge-masters

Bridge-masters, of London Bridge, were persons chosen by the citizens, who had certain fees and profits belonging to their office and the care of the bridge, Jac. Law Dict...


Bridge ward

A bridge keeper a warden or a guard for a bridge...


Bank

Bank, Commercially it is a place where money is deposited for the purpose of being lent out at interest, returned by exchange, disposed of to profit, or to be drawn out again as the owner shall call for it. Special provisions are contained in the (English) Companies Act, 1929 relating to Banks. By s. 358, no company, association or partnership consisting of more than ten members shall be formed for the purpose of carrying on a banking business unless it is registered under the Act or formed in pursuance of an Act of Parliament or of letters patent. By s. 360, the liability of the members of a banking limited company remains unlimited in respect of the bank's liability for bank-notes issued by it. As to signature of balance sheets, see s. 129 and ANNUAL RETURNS, ss. 108 and 361. See also JOINT STOCK BANKS and LIMITED LABILITY, and consult Grant, Paget, or Walker on Banking, Chitty's Statutes, tit. 'Bank.'Means financial institution engaged in the accepting of deposits of money, granting...


Bridge authority

Bridge authority, means the authority or person responsible for the maintenance of a bridge, Halsbury's Laws of England, Vol. 21, 4th Edn., Para 240, p. 177....


Bridging loan

Bridging loan, is a loan, by a person whom a bridging statement has been made to the person who made the statement, of a principal sum no greater than a sum specified in the statement as the net receipt which the borrower expects from an intended disposal of land, Halsbury's Laws of England, Vol. 4, 4th Edn., Para 891, p. 566....


Banking company

Banking company, shall have same meaning assigned to it in clause (c) of s. 5 of the Banking Regulation Act, 1949 (10 of 1949) [Income Tax Act, 1961 (43 of 1961), s. 47 (vi-aa) Exp. (i).]--'Banking company' means a banking company as defined in the Banking Regulation Act, 1949. S. 5(c) of the Act of 1949 defines a banking company to mean any company which transacts the business of banking in India (subject to the provision contained in the Explanation to the section). Thus, in order that a bank may be a banking company, it is in the first place necessary that it must be a 'company', State Bank of Travancore v. Mohammed Mohammed Khan, AIR 1981 SC 1744: (1982) 1 SCR 338: (1981) 4 SCC 82 (88).does not include a foreign company within the meaning of s. 591 of the Companies Act, 1956. [Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), s. 2 (a)]means any company which transacts the business of banking in India. [The Banking Regulation Act, 1949 (10 of 1949)...


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