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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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Commercial Banking Practice Under the Federal Reserve Act

National Bank of Commerce in New York - 1918 - 127 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...
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Principles of Business

Charles William Gerstenberg - 1918 - 821 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...
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American Problems of Reconstruction: A National Symposium on the Economic ...

Elisha M. Friedman - 1918 - 471 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...
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Annual Report, Volume 4

Board of Governors of the Federal Reserve System (U.S.) - 1918
...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...
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Instructions of the Comptroller of the Currency Relative to the Organization ...

United States. Office of the Comptroller of the Currency - 1919 - 145 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,...
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Incorporating Institutions to Engage in International Or Foreign Banking ...

United States. Congress. Senate. Committee on Banking and Currency - 1919 - 28 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...
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Acts of the State of Ohio, Parte 1

Ohio - 1919
...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,...
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State Bank Membership in the Federal Reserve System

Edward Elliott - 1919 - 75 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,...
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Management and Executive Control: Internal Management that Pays--dividing ...

1919 - 328 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...
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Theory and Practice of International Commerce

Archibald John Wolfe - 1919 - 548 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; (d) It may be secured by the pledge of goods or collateral,...
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