Second Bank Of America Flashcards

0
Q

Who refused to sign it?

A

Congress (Madison)

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1
Q

When and who had the first proposal for it?

A

1815 and Alexander Dallas

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2
Q

Who preposed a revised bill and who supported it?

A

John C. Calhoun presented it. Henry Clay and Daniel Webster supported it

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3
Q

Who passed it?

A

Congress

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4
Q

Where was it built?

A

Philadelphia, right across from the First Bank of America

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5
Q

How many branches were there ? And how stock did the gov. own?

A

25 branches. The government owned 1/5 of the stock

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6
Q

There were how many directors? And how many did the President apply?

A

25 directors. The president applied 5

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7
Q

How much money did it take to start the bank?

A

$35 million

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8
Q

How much money in a charter?

A

$1.5 million

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9
Q

When did the second bank open?

A

January 1, 1817

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10
Q

Who was the first president of the bank?

A

William Jones

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