 | Richard Theodore Ely - 1893 - 826 páginas
...the federal reserve system. Federal reserve banks may rediscount (for their member banks) shorttime notes and bills of exchange " issued or drawn for agricultural, industrial, or commercial purposes," and conforming to certain specifications which have been carefully formulated by the Federal Reserve... | |
 | 1915 - 808 páginas
...drafts, and bills of exchange arising out of actual commercial transactions — that is, notes, drafts, and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used or are to be used for such purposes." The Federal Reserve Board was given the right to define the character... | |
 | Horace White - 1911 - 576 páginas
...drafts, and bills of exchange arising out of actual commercial transactions ; that is, notes, drafts, and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define... | |
 | Nelson Wilmarth Aldrich - 1911 - 30 páginas
...arising out of commercial transactions. (This language, whenever used, is intended to apply to all notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not for carrying stocks, bonds, or other investment securities.) Such notes and bills must have... | |
 | James Laurence Laughlin - 1912 - 452 páginas
...with the indorsement of any bank having a deposit with it, notes and bills of exchange arising out of commercial transactions; that is, notes and bills...for agricultural, industrial or commercial purposes, and not including notes or bills issued or drawn for the purpose of carrying stocks, bonds, or other... | |
 | Alfred Owen Crozier - 1912 - 434 páginas
...with the indorsement of any bank having a deposit with it, notes and bills of exchange arising out of commercial transactions; that is, notes and bills...agricultural, industrial, or commercial purposes, and not including notes or bills issued or drawn for the purpose of carrying stocks, bonds, or other... | |
 | Frederick Converse Beach, George Edwin Rines - 1912 - 822 páginas
...with it, notes and bills of exchange arising out of commercial transactions, by which term is meant notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not for carrying stocks, bonds, or other investment securities. Such notes and bills must have... | |
 | 1913 - 492 páginas
...drafts and bills of exchange arising out of actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine, or define... | |
 | First National City Bank of New York - 1913 - 88 páginas
...domestic and foreign, or acceptances authorized by this Act. Upon the indorsement of any member bank any Federal reserve bank may discount notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 páginas
...Senator SHAFROTH. What section ? Mr. UNTERMYER. Section 14. Upon the indorsement of any member bank any Federal reserve bank may discount notes and bills of exchange arising out of commercial transactions Senator REED. What issue have you there ? Mr. UNTERMYER. I have got the last... | |
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Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions ; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds... 
