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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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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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Consolidated supplement to the codes and general laws of the state of ...

California - 1919 - 232 páginas
...reports. Limitation on amount. No bill shall be eligible for discount or purchase by a savings bank, the proceeds of which have been used or are to be used for any of the following purposes: (1) For investments of a merely speculative character whether made in...
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The A B C of the Federal Reserve System

Edwin Walter Kemmerer - 1920 - 208 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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The ABC of the Federal Reserve System

Edwin Walter Kemmerer - 1920 - 208 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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Commercial Paper: A Text Book for Merchants, Bankers and Investors

Roger Ward Babson, Ralph May - 1920 - 317 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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Yearbook of the United States Department of Agriculture

1914
...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...
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Reviving the Activities of the War Finance Corporation: Joint Hearings ...

United States. Congress. Senate. Committee on Agriculture and Forestry - 1920
...speaking, a provision is made for the eligibility of bills and notes which are issued or drawn, or the proceeds of which have been used or are to be used for agricultural, commercial, or industrial industrial purposes. It goes on to say, however, that nothing...
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The Foreign Trade of the United States: Its Character, Organization and Methods

Lillian Cummings Ford, Thomas Francis Ford - 1920 - 325 páginas
...exchange issued or drawn for agricultural, industrial, or commercial purposes, of which the proceeds have been used or are to be used for such purposes." The second is the provision authorizing any member bank to accept "drafts or bills of exchange drawn upon...
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Business Law: A Working Manual of Every-day Law, Volume 1

Thomas Conyngton - 1920
...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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Kidd on Foreign Trade

Howard Carson Kidd - 1921 - 441 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 or bills of exchange, secured by staple agricultural products...
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