Second Bank Of America Flashcards
Who refused to sign it?
Congress (Madison)
When and who had the first proposal for it?
1815 and Alexander Dallas
Who preposed a revised bill and who supported it?
John C. Calhoun presented it. Henry Clay and Daniel Webster supported it
Who passed it?
Congress
Where was it built?
Philadelphia, right across from the First Bank of America
How many branches were there ? And how stock did the gov. own?
25 branches. The government owned 1/5 of the stock
There were how many directors? And how many did the President apply?
25 directors. The president applied 5
How much money did it take to start the bank?
$35 million
How much money in a charter?
$1.5 million
When did the second bank open?
January 1, 1817
Who was the first president of the bank?
William Jones