Digest of Rulings of the Federal Reserve Board (1914-1923, Inclusive): With Appendices Containing Text of the Federal Reserve Act, Regulations of the Federal Reserve Board and Related MatterU.S. Government Printing Office, 1924 - 407 páginas |
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Página 8
... tion with branches at various places , the parent bank alone need fulfill the requirements necessary to become a member bank . Bulletin , p . 971 . 1918 IX , 208. Reduction in capital requirements . - The agricultural cred- its act of ...
... tion with branches at various places , the parent bank alone need fulfill the requirements necessary to become a member bank . Bulletin , p . 971 . 1918 IX , 208. Reduction in capital requirements . - The agricultural cred- its act of ...
Página 15
... tion 11 ( k ) similarly prohibits the board from authorizing national banks to exercise fiduciary powers which have a capital and surplus less than the capital and surplus required by State law of competing State institutions . Under ...
... tion 11 ( k ) similarly prohibits the board from authorizing national banks to exercise fiduciary powers which have a capital and surplus less than the capital and surplus required by State law of competing State institutions . Under ...
Página 17
... tion 19 , rather than trust funds . 1921 Bulletin , p . 1435. ( See XI ( k ) , 705 ; XIX , 506-507 . ) XI ( k ) , 705. Certain considerations incident to use of trust funds ---- Distinction between trust funds and other deposits . - A ...
... tion 19 , rather than trust funds . 1921 Bulletin , p . 1435. ( See XI ( k ) , 705 ; XIX , 506-507 . ) XI ( k ) , 705. Certain considerations incident to use of trust funds ---- Distinction between trust funds and other deposits . - A ...
Página 24
... tion A incorporate substantially the requirements of negotiable paper as set forth in the negotiable instruments law , and negotiability is a necessary condition to eligibility . 1923 Bulletin , p . 559. ( See XIII - C , 700-715 ...
... tion A incorporate substantially the requirements of negotiable paper as set forth in the negotiable instruments law , and negotiability is a necessary condition to eligibility . 1923 Bulletin , p . 559. ( See XIII - C , 700-715 ...
Página 28
... tion . If the proceeds of such drafts are used by the growers for agricultural purposes , the drafts are eligible as agricultural paper . If the delivery of the tobacco to the association amounted to a sale thereof , and the drafts were ...
... tion . If the proceeds of such drafts are used by the growers for agricultural purposes , the drafts are eligible as agricultural paper . If the delivery of the tobacco to the association amounted to a sale thereof , and the drafts were ...
Termos e frases comuns
accept drafts accepting bank act approved actually existing values aggregate agricultural paper agricultural purpose amended amount application applying bank authorized bank or trust bankers bill of lading bills of exchange board of directors bonds borrower Bulletin capital and surplus capital stock cent centum collateral commercial Comptroller corporation Currency December 23 deposits discount drafts drawn drafts or bills eligible for acceptance eligible for rediscount employee exchange drawn export Federal reserve act Federal reserve agent Federal reserve bank Federal Reserve Board Federal reserve notes Federal reserve system finance foreign funds indorsement investment liability Liberty bonds loan located maturity member bank national banking association nonmember bank officer organization certificate paid-up payable payment powers prescribed proceeds provisions of section purchase readily marketable staples regulations reserve city Revised Statutes Secretary section 13 shipment shipping documents thereof tion trade acceptance transaction Treasury trust company United XI(k XIII-C
Passagens mais conhecidas
Página 69 - Where in a bill drawer and drawee are the same person, or where the drawee is a fictitious person, or a person not having capacity to contract, the holder may treat the instrument, at his option, either as a bill of exchange or a promissory note.
Página 28 - 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 used, or are to be used, for such purposes...
Página 112 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Página 222 - That if any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Página 42 - Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days...
Página 142 - The amount of its capital stock and the number of shares into which the same shall be divided.
Página 112 - Any note, draft, bill of exchange or banker's acceptance which arises out of a current transaction or the proceeds of which have been or are to be used for current transactions...
Página 149 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Página 161 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Página 184 - ... notes, drafts, and bills of exchange of factors issued as such making advances exclusively to producers of staple agricultural products in their raw state shall be eligible for such discount; 'but such definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities...