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" 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 2
1916
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McKinney's Consolidated Laws of New York Annotated: With ..., Livro 4

New York (State) - 1916
...payable upon presentation. Rediscounts — Notes, Drafts, and Bills of Exchange. Federal Reserve Act to have the right to determine or define the character of the paper thue eligible for discount, within the meaning of this Act. Nothing in this Act contained shall be...
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Federal Reserve Bulletin

1916
...securities, except bonds and notes of the Government of the United States. (o) Must not be a bill the proceeds of which have been used or are to be used for permanent or fixed Investments of any kind, such as land, buildings, or machinery, or for Investments...
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Commercial Paper: A Text Book for Merchants, Bankers and Investors

Roger Ward Babson, Ralph May - 1916 - 286 páginas
...short time notes, or otherwise." The circular also states that no bill is eligible for discount, the proceeds of which have been used or are to be used for investments of merely a speculative character, whether made in goods or otherwise. One exception has...
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Money and Banking

William Amasa Scott - 1916 - 406 páginas
...the steps of the process of production, manufacture, and distribution." It docs not include bills the proceeds of which have been used or are to be used " for permanent or fixed investments of any kind, such as land, buildings, machinery (including therein additions,...
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Credits and Collections

Richard Prentice Ettinger, David Edwin Golieb - 1917 - 390 páginas
...drafts, 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,...of this Act. Nothing in this Act contained shall be construed to prohibit such notes, drafts and bills of exchange, secured by staple agricultural products,...
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Money and Banking

John Thom Holdsworth - 1917 - 511 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,...within the meaning of this Act. Nothing in this Act rontained shall be construed to prohibit such notes, drafts, and bills of exchange, secured by staple...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - 1917
...and bills ol 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 Keeerve Board to Bank. Fives. Tens. Twenties. Fifties. Hundreds. Total. San Francisco: Printed Issued...
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Credits and Collections

Richard Prentice Ettinger, David Edwin Golieb - 1917 - 390 páginas
...drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been Hsed, or are to be used, for such purposes — the Federal Reserve Board to have the right tp determine or define the character of the paper thus eligible for discount, within the meaning of...
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Money and Investments: A Reference Book for Use of Those Desiring ...

Montgomery Rollins - 1917 - 494 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 Fed. Res. Board to have the right to determine or define the character of the paper thus eligible for...
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The Theory and History of Banking

Charles Franklin Dunbar - 1917 - 297 páginas
...drafts, 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 act also provides that six months' maturities of paper drawn and used for agricultural purposes or...
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