Board

Definition and stakes

Portrait of Edmund Burke Edmund Burke,  The Works of the Right Honourable Edmund Burke…

“ But if it were possible, in the nature of things, that the young should direct the old, and the inexperienced instruct the knowing,—if a board in the state was the best tutor for the counting-house,—if the desk ought to read lectures to the anvil, and the pen to usurp the place of the shuttle,—yet in any matter of regulation we know that board must act with as little authority as skill. ”
Source: Gutenberg

Portrait of Henry Clews Henry Clews,  Fifty years in Wall Street (1908)

“ The business of the Board excited the most intense curiosity, and so impatient did outsiders become to learn the mysteries of the interior, that the members of an open Board which was organized about the year 1837, after failing to force themselves into the regular association, engaged a building next to the Board-room, and dug the bricks out of the wall in order that they might see and hear what was going on. ”
Source: Gutenberg

Portrait of Charles N. Fowler Charles N. Fowler,  Seventeen Talks on the Banking Question

“ Section 16. That before any member of a board of control enters upon the performance of his duties he shall sever all connection as officer or stockholder with every bank in his commercial zone, and he shall be ineligible to any position in any bank in his zone during the time for which he shall have been elected to serve.
Comment:—The Board of Control will be composed of a body of men who are younger than the Bankers' Council; but of the same high order. They will be men who have the undoubted confidence of the banking fraternity; men who are to win the prizes in the banking world.
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Source: Gutenberg

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