| United States - 1917 - 706 páginas
...for cancellation and destruction. "The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...notes issued to such bank, but in no event less than five per centum of the total amount of notes issued less the amount of gold or gold certificates held... | |
| Horace White - 1911 - 576 páginas
...redemption of the particular notes outstanding. Each bank must keep on deposit in the Treasury a sum of gold sufficient in the judgment of the Secretary of the Treasury for the redemption of Federal reserve notes issued to it. This shall not be less than 5 per cent of such notes outstanding,... | |
| First National City Bank of New York - 1913 - 88 páginas
...it. The Federal Reserve Board shall have power, in its discretion, to require Federal reserve banks to maintain on deposit in the Treasury of the United States a sum in gold or lawful money equal to five per centum of such amount of Federal Eeserve Treasury notes as may be... | |
| George McClelland Reynolds - 1913 - 32 páginas
...it. The Federal Reserve Board shall have power, in its discretion, to require Federal Reserve banks to maintain on deposit in the treasury of the United States a sum in gold or lawful money equal to 5 per cent of such amount of Federal Reserve Treasury notes as may be issued... | |
| Curtis Hillyer - 1914 - 1628 páginas
...Redemption of Federal Reserve Notes. — The Federal Reserve Board shall require each federal reserve bank The rate ) five per centum; but such deposit of gold shall be counted and included as part of the forty per centum... | |
| Virginius Gilmore Iden - 1914 - 138 páginas
...for cancellation and destruction. The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...notes issued to such bank, but in no event less than five per centum; but such deposit of gold shall be counted and included as part of the forty per centum... | |
| John Thom Holdsworth - 1914 - 464 páginas
...for cancelation and destruction. The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...notes issued to such bank, but in no event less than five per centum ; but such deposit of gold shall be counted and included as part of the forty per centum... | |
| Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 páginas
...for cancellation and destruction. The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...notes issued to such bank, but in no event less than five per centum; but such deposit of gold shall be counted and included as part of the forty per centum... | |
| 1914 - 600 páginas
...well as expand. Every federal reserve bank is required to keep on deposit with the federal treasury a sum in gold sufficient, in the judgment of the Secretary of the Treasury, for the redemption of its notes outstanding, but in no event less than five per cent. This redemption fund may, however,... | |
| Clarence Walker Barron - 1914 - 232 páginas
...per centum of Us unimpaired capital and surplus. He shall require each bank and currency association to maintain on deposit in the Treasury of the United States a sum in gold sufficient in his judgment for the redemption of such notes, but in no event less than five per centum. He may permit... | |
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