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 of which have been... Congressional Serial Set - Página 21916Visualização integral - Acerca deste livro
| 1913 - 528 páginas
...and bills of exchange issued or drawn for agricultural, industrial, or commercial 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 of paper thus eligible for discount. It was further distinctly... | |
| 1915 - 790 páginas
...and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used or are to be used for such purposes." The Federal Keserve Board was given the right to define the character of paper thus eligible for discount. It was... | |
| 1915 - 476 páginas
...eligible, must "arise out of actual commercial transactions" which are explained to be paper, "the proceeds of which have been used or are to be used for such purposes." The inclusion of paper, the proceeds of which are to be used, opens up one of the most difficult administrative... | |
| American Academy of Political and Social Science - 1915 - 372 páginas
...eligible, must "arise out of actual commercial transactions" which are explained to be paper, "the proceeds of which have been used or are to be used for such purposes." The inclusion of paper, the proceeds of which are to be used, opens up one of the most difficult administrative... | |
| William Henry Kniffin - 1915 - 644 páginas
...promissory note, endorsed or unendorsed. that it is either issued or drawn for "commercial purposes or the proceeds of which have been used or are to be used for such purposes," and so within the inclusions of the act. DISCOUNT MARKET question at this crisis may seem small. But... | |
| 1915 - 674 páginas
...transactions," that is paper "issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been used or are to be used for such purposes"; (b) commodity paper, namely paper secured by "staple agricultural products or other goods, wares or... | |
| Board of Governors of the Federal Reserve System (U.S.) - 1915 - 514 páginas
...bills of exchange 44 issued or drawn for agricultural, industrial, or commercial purposes, 45 or the proceeds of which have been used, or are to be used, for such 46 purposes, the Federal Reserve Board to have the right to determine 47 or define the character of... | |
| Board of Governors of the Federal Reserve System (U.S.) - 1915 - 670 páginas
...and bills of exchange Issued or drawn for agricultural, industrial, or commercial purposes, or tlio proceeds of which have been used or are to be used, for such pursues, tho Federal Reserve Board to have the right to determine or define the character of the paper... | |
| 1928 - 984 páginas
...machinery, or for any other capital purpose. (d) It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to be used for investments of a purely speculative character. (e) It may be secured by the pledge of goods or collateral... | |
| 1915 - 510 páginas
...course of business. You are advised that the counsel for the Board is of the opinion that any notes the proceeds of which have been used or are to be used for commercial purposes and which otherwise comply with the terms of regulation B, series 1915, are eligible... | |
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