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
| Eugene Ewald Agger - 1918 - 406 páginas
...securities, except bonds and notes of the government of the United States. (b) "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... | |
| National Bank of Commerce in New York - 1918 - 148 páginas
...investment paper. Acceptance required. Secured bills. Other requirements. (b) 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... | |
| Charles William Gerstenberg - 1918 - 844 páginas
...purposes, or based on live stock; that is, a note, draft, bill of exchange, or trade acceptance the proceeds of which have been used, or are to be used, for agricultural purposes, including the breeding, raising, fattening, or marketing of live stock and which... | |
| Elisha M. Friedman, Elisha Michael Friedman - 1918 - 532 páginas
...issued or drawn for agricultural, industrial, or commercial purposes or the proceeds of which have been or are to be used for such purposes. The Federal Reserve Board is to have the right to define the character of the paper thus eligible for discount. The aggregate... | |
| Board of Governors of the Federal Reserve System (U.S.) - 1918 - 724 páginas
...securities, except bonds and notes of the Government of the United States. (ft) 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... | |
| United States. Office of the Comptroller of the Currency - 1919 - 156 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,...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,... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1919 - 36 páginas
...agricultural, industrial, or commercial purposes, or the proceeds of which have been used or which are to be used for such purposes, the Federal Reserve...eligible for discount within the meaning of this act. bills of exchange drawn in good faith against actual existing values. The foreign bank may discount... | |
| Ohio - 1919 - 1066 páginas
...draft or bill 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, but such definition shall not include notes, drafts or bills of exchange covering merely investments,... | |
| Edward Elliott - 1919 - 84 páginas
...ie, that are issued or drawn for agricultural, industrial or commercial purposes, or the pro28 eeeds of which have been used or are to be used for such purposes, and customers' notes secured by obligations of the United States Government issued subsequent to April,... | |
| 1919 - 382 páginas
...on demand. SIX-MONTHS AGRICULTURAL PAPER A note, draft, bill of exchange, or trade acceptance, the proceeds of which have been used or are to be used for agricultural purposes, including the breeding, raising, fattening, and marketing of live stock, and... | |
| |