| United States - 1923 - 132 páginas
...not guarantee the truth of any statement made by 'an assured in filing his application for insurance. Any member bank may accept drafts or bills of exchange drawn upon it having not more than three 1 These two subparagraphs were added to sec. 5202, Revised Statutes, by the \Var Finance Corporation... | |
| First National City Bank of New York - 1923 - 166 páginas
...endorsement. [731 ACCEPTANCE BY MEMBER BANKS OF DRAFTS AND BILLS OF EXCHANGE UNDER the Federal Reserve Act any member bank may accept drafts or bills of exchange drawn upon it having not more that six months to run, exclusive of days of grace, which grow out of a transaction, or transactions,... | |
| Anthony Jennings Bledsoe - 1923 - 1184 páginas
...in effect August 3, 1921. Section 1131. — FOREIGN DRAFTS OR BILLS OF EXCHANGE. — Any commercial bank may accept drafts or bills of exchange drawn upon it having not more than three months sight to run, exclusive of days of grace, drawn under regulations to be prescribed by... | |
| First National City Bank of New York - 1923 - 188 páginas
...three months' sight, exclusive of days of grace, and which are indorsed by at least one member bank. Any member bank may accept drafts or bills of exchange drawn upon it 1Or bonds of the War Finance Corporation. See act approved Apr. 5, 1918. "Amended by section II (m),... | |
| James Anderson Fitzgerald - 1923 - 400 páginas
...Federal reserve act gives the power to any member to " accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months sight to run." " An American merchant desiring ultimately to export... | |
| Avard Longley Bishop - 1923 - 338 páginas
...purposes." 2. A provision permitting any member bank to accept " drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months' sight to run." 3. A provision authorizing the establishment, under... | |
| Elmer S. Nelson, Charles Emanuel Martin, William Henry George - 1923 - 850 páginas
...foreign branches. 2. Member banks are authorized to accept "drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months' sight to run." 3. Federal reserve banks are authorized to rediscount... | |
| George William Edwards - 1924 - 522 páginas
...exchange SECTION III. STATUTORY PROVISIONS Section 13 of the Federal Reserve Act also provides that any member bank may accept drafts or bills of exchange drawn upon it having not more than three months' sight to run, exclusive of days of grace, drawn, under regulations to be prescribed by... | |
| Benjamin Haggott Beckhart - 1924 - 624 páginas
...time in the aggregate to more than one-half of its paid-up and unimpaired capital stock and surplus. Any member bank may accept drafts or bills of exchange drawn upon it having not more than three months' sight to run, exclusive of days of grace, drawn under regulations to be prescribed by... | |
| Benjamin Haggott Beckhart - 1924 - 628 páginas
...grace, and which are indorsed by at least one member bank. Any member bank may accept drafts or hills of exchange drawn upon it having not more than six months' sight to run, exclusive of a) the United States and any foreign country. b) any two or more foreign countries. c)... | |
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