Thus the court of king's bench (curia regis de banco) was founded, and the foundation of the court of common pleas was provided for in one of the articles of Magna Carta.
The consequences of this catastrophe were felt far and wide, and in the spring of 1891 both the Banco Nacional and the Banco de la provincia de Buenos Aires were unable to meet their obligations.
Sarzana, owing to its position on the frontier, changed masters more than once, belonging first to Pisa, then to Florence, then to the Banco di S.
The Paraguayan Bank, with a capital of £600,000, was opened in 1905, and the state bank (Banco de la Republica), with a total authorized capital of £4,000,000, was opened on the 30th of June 1908.
In 1905 the Opposition made an effort to effect a change of policy, and were successful in obtaining the election of Lizaro Garcia, a well-to-do merchant and a director of the Banco commercial y Agricola.
This range runs in a north-north-east direction and separates the valleys of the Magdalena and Cauca, terminating in some low hills south-west of El Banco, a small town on the lower Magdalena.
The issue began in 1881 through the Banco Nacional de Colombia, its value then being equal to that of the silver coinage.
In 1894 the Banco Nacional ceased to exist as a corporation, and thenceforward the currency was issued for account of the national treasury.
Banking end Credit.The Bank of Spain (Banco de Espana) has a charter which has been renewed and enlarged several times since ts foundation after the Restoration, and its privileged note issue has had to he gradually and very largely increased by legislative authorizations, especially iii 1891 and 1898, as its relations with the treasuries of Spain and of her colonies increased; since nothing in the services rendered by the bank to the public would ever have justified the growth of the note issue first to thirty millions sterling in 1891 then by quick strides to fifty and over sixty-One millions sterling in 1899 and 1900.
A supplementary act of 1906 also created a new national banking institution, called the Banco Central, which is made a depository of the public revenues and is charged with a considerable part of their administration, including payments on account of the foreign debt and the conversion of the paper currency into coin.