... notes, drafts and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments or... Acceptances: Their Importance as a Means of Increasing and Simplifying ... - Página 32por American Exchange National Bank (New York, N.Y.), American Exchange National Bank, New York - 1916 - 48 páginasVisualização integral - Acerca deste livro
| Richard Theodore Ely - 1893 - 826 páginas
...privilege of rediscount is not extended to notes and bills of exchange issued " for the purpose of carrying or trading in stocks, bonds, or other investment securities, except bonds and notes of the United States." The purpose of this restriction is not only to prevent the resources of the federal... | |
| 1920 - 584 páginas
...shall not include notes or drafts covering merely investments or issued for the purpose of carrying or trading in stocks, bonds or other investment securities...and notes of the Government of the United States. The Federal reserve banks are also permitted to discount domestic or foreign acceptances involving... | |
| Horace White - 1911 - 576 páginas
...notes, drafts or bills covering merely investments, or issued or drawn for the purpose of carrying or trading in stocks, bonds or other investment securities,...and notes of the Government of the United States." It is unnecessary, therefore, to attempt to define commercial paper in its broadest sense. A fundamental... | |
| 1913 - 492 páginas
...include notes, drafts or bills covering mere investments or drawn or issued tor the purpose of carrying or trading in stocks, bonds or other investment securities,...than ninety days; provided, that notes, drafts and bill's drawn or issued for agricultural purposes or based on live stock and having a maturity not exceeding... | |
| Edmund J. Burke - 1913 - 502 páginas
...bank may not discount notes, drafts, or bills of exchange issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities,...and notes of the government of the United States) ; (3) To discount acceptances based on the importation or exportation of goods ; (4) To purchase and... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 páginas
...drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities. Notes and bills admitted to discount, under the terms of this paragraph must have a maturity of not more than 90 days. Mr. VARNEY. That wording there, "which may be used," it seems to me, that... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 páginas
...issued or drawn for the purpose of carrying or trading in stocks or bonds [, or other securities]. Notes and bills admitted to discount under the terms of this paragraph must have a maturity of not more than sixty days. Upon the indorsement of any member bank any Federal reserve bank may discount... | |
| First National City Bank of New York - 1913 - 88 páginas
...United States bonds or bonds issued by any State, county, or municipality of the United States. Notee and bills admitted to discount under the terms of this paragraph must have a maturity of not more than fortyfiye days. Upon the indorsement of any member bank any Federal reserve bank may... | |
| United States - 1914 - 962 páginas
...notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities,...terms of this paragraph must have a maturity at the timo of discount of not more than ninety days: Provided, That notes, drafts, and bills drawn or issued... | |
| Texas. Legislature. Senate - 1914 - 484 páginas
...notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities,...under the terms of this paragraph must have a maturity nt the time of discount of not more than ninety days; provided, that notes, drafts and bills drawn... | |
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