Private bank

Private banks are banks owned by either an individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, the creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets.

These banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672.

There were many private banks in Europe, but most have now become incorporated companies, so the term is rarely true any more. Today, the term "private bank" can also refer to the financial institution specializing in financial advice and services for high-net-worth individuals (private banking).

"Private banks" can also refer to non-government owned banks in general, in contrast to government-owned (or nationalized) banks, which were prevalent in communist, socialist and some social democratic states in the 20th century.

Houston

Houston (ⁱ/ˈhjuːstən/ HYOO-stən) is the most populous city in Texas and the fourth most populous city in the United States. With a census-estimated 2014 population of 2.239 million people, within a land area of 599.6 square miles (1,553 km²), it also is the largest city in the Southern United States, as well as the seat of Harris County. It is the principal city of Houston–The Woodlands–Sugar Land, which is the fifth most populated metropolitan area in the United States.

Houston was founded in 1836 on land near the banks of Buffalo Bayou (now known as Allen's Landing) and incorporated as a city on June 5, 1837. The city was named after former General Sam Houston, who was president of the Republic of Texas and had commanded and won at the Battle of San Jacinto 25 miles (40 km) east of where the city was established. The burgeoning port and railroad industry, combined with oil discovery in 1901, has induced continual surges in the city's population. In the mid-twentieth century, Houston became the home of the Texas Medical Center—the world's largest concentration of healthcare and research institutions—and NASA's Johnson Space Center, where the Mission Control Center is located.

Houston station (Texas)

Houston is an Amtrak intercity train station in Houston

History

The present Houston station, which opened on October 26, 1959, was built by the Southern Pacific Railroad to replace Grand Central Station, which was just east of the present station. That station operated from September 1, 1934 until the property was sold to the U.S. Government in 1959 to become the site of the Houston main post office. Grand Central Station had replaced the original Houston & Texas Central depot of 1886. When Amtrak was created it was one of two stations in Houston that served Amtrak trains, the other being Union Station, now part of Minute Maid Park. All Amtrak trains moved to Southern Pacific Station by the end of July 1974, and all trains were canceled or rerouted out of Houston except the Sunset Limited. This station continued to be owned and operated by the Southern Pacific Railroad after the creation of Amtrak, and has been owned and operated by the Union Pacific Railroad since the merger of Southern Pacific and Union Pacific.

Houston (Means I'm One Day Closer to You)

"Houston (Means I'm One Day Closer to You)" is a song written by Larry Gatlin and recorded by American country music group Larry Gatlin & the Gatlin Brothers Band. It was released in September 1983 as the first single from the album "Greatest Hits Vol. II" then included to first track of "Not Guilty" (1984). "Houston (Means I'm One Day Closer to You)" was the group's third and last number one on the country chart. The single went to number one for two weeks and spent a total of fifteen weeks on the country chart.

Chart performance

References

External links