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
| Charles Franklin Dunbar - 1917 - 324 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... | |
| Board of Governors of the Federal Reserve System (U.S.) - 1917 - 534 páginas
...production, manufacture, or distribution. (6) It must not be a note, draft, or bill of exchange 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. (c) It must not... | |
| Guaranty Trust Company of New York - 1917 - 36 páginas
...be a bill which has been issued or drawn for agricultural, industrial or commercial purposes or the proceeds of which have been used or are to be used for the purpose of producing, carrying or marketing goods in one or more of the steps of the production,... | |
| John Thom Holdsworth - 1917 - 542 páginas
...steps of the process of production, manufacture, and distribution; and that no bill is eligible the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, or for investments of a merely speculative character. From... | |
| Willis Seaver Paine - 1917 - 452 páginas
...kind, such as land, buildings, or machinery. (c) 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. (rf) It may be secured by the pledge of goods or collateral,... | |
| National Bank of Commerce in New York - 1917 - 72 páginas
...eligibility for rediscount. (Page 268, September, 1915, Bulletin.) Eligibility of Notes. Notes, the proceeds of which have been used or are to be used for commercial purposes, otherwise complying with the regulations, are eligible for rediscount. (Page 268,... | |
| John Thom Holdsworth - 1917 - 538 páginas
...steps of the process of production, manufacture, and distribution; and that no bill is eligible the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, or for investments of a merely speculative character. From... | |
| 1918 - 584 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." Further the law specifically excludes "notes, drafts, or bills covering merely investments or issued... | |
| National Bank of Commerce in New York - 1918 - 140 páginas
...change which has been 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; (c) It was not issued for carrying or trading in Finance paper stocks, bonds, or other investment securities,... | |
| Foreign Trade Banking Corporation, New York - 1918 - 36 páginas
...be a bill which has been issued or drawn for agricultural, industrial, or commercial purposes or the proceeds of which have been used, or are to be used for the purpose of producing, purchasing, carrying, or marketing goods in one or more of the steps of the... | |
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