The A B C of the Federal Reserve SystemPrinceton University Press, 1920 - 208 páginas |
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Página 33
... hold office for three years ( the term of office of one director of each class terminating each year ) , and who are broadly representative of different interests among the American public . Crowning the arch of which the twelve federal ...
... hold office for three years ( the term of office of one director of each class terminating each year ) , and who are broadly representative of different interests among the American public . Crowning the arch of which the twelve federal ...
Página 47
... hold it until maturity . The type of domestic bank acceptance made eligible for re- discount at federal reserve banks covers bills hav- ing not more than 90 days , exclusive of days of grace , to run which grow out of transactions in ...
... hold it until maturity . The type of domestic bank acceptance made eligible for re- discount at federal reserve banks covers bills hav- ing not more than 90 days , exclusive of days of grace , to run which grow out of transactions in ...
Página 58
... hold in their own vaults as much or as little money as they individually need , and the kinds of money they desire . Federal reserve banks in turn are required to keep against deposits a legal reserve of lawful money equivalent to 35 ...
... hold in their own vaults as much or as little money as they individually need , and the kinds of money they desire . Federal reserve banks in turn are required to keep against deposits a legal reserve of lawful money equivalent to 35 ...
Página 102
... hold at any time more than $ 25,000 par value of stock in any Federal reserve bank . Such stock shall be known as public stock and may be transferred on the books of the Federal reserve bank by the chairman of the board of directors of ...
... hold at any time more than $ 25,000 par value of stock in any Federal reserve bank . Such stock shall be known as public stock and may be transferred on the books of the Federal reserve bank by the chairman of the board of directors of ...
Página 103
... hold office during the pleasure of the Fed- eral Reserve Board . 1 As amended by act approved June 21 , 1917 ( 40 Stat . , chap . 32 ) . Committee . FEDERAL RESERVE BANKS SEC . 4.2 When the organization committee APPENDIX B 103.
... hold office during the pleasure of the Fed- eral Reserve Board . 1 As amended by act approved June 21 , 1917 ( 40 Stat . , chap . 32 ) . Committee . FEDERAL RESERVE BANKS SEC . 4.2 When the organization committee APPENDIX B 103.
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Termos e frases comuns
act approved American bank amount authorized bank acceptances bank reserves bank-note circulation bank's bankers ber banks bills of exchange board of directors bonds branch banks capital and surplus capital stock cent central reserve cities centum collateral collection commercial banks commercial paper Comptroller corporation organized country bank defects demand deposit currency drafts eligible employee eral reserve bank eral Reserve Board expenses federal reserve act Federal reserve agent federal reserve banks Federal Reserve Board federal reserve district Federal reserve notes federal reserve system foreign gold certificates Government legal reserve money loans member banks ment millions money market national bank notes national banking association notes issued officer old banking system open market organization certificate paid payment prescribed purchase redemption rediscount regulations reserve bank notes reserve city bank reserve law Secretary securities serve bank thereof tion trade acceptance Treasury trust company twelve federal reserve United
Passagens mais conhecidas
Página 159 - The shareholders of every national banking association 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 179 - 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 101 - Board, by the Comptroller of the Currency in his own name before the association shall be declared dissolved.
Página 173 - Dividends (Sec. 5199). —The directors of any association may semiannually declare a dividend of so much of the net profits of the association as they shall judge expedient; but each association shall, before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund until the same shall amount to twenty per centum of its capital stock.
Página 133 - That no association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on the following accounts, that is to say:
Página 136 - ... bills, notes, revenue bonds, and warrants with a maturity from date of purchase of not exceeding six months, issued in anticipation of the collection of taxes or in anticipation of the receipt of assured revenues by any State, county, district, political subdivision, or municipality in the continental United States, including irrigation, drainage and reclamation districts...
Página 124 - To add to the number of cities classified as reserve and central reserve cities under existing law in which national banking associations are subject to the reserve requirements set forth in section twenty of this Act ; or to reclassify existing reserve and central reserve cities or to terminate their designation as such.
Página 98 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Página 105 - Upon duly making and filing articles of association and an organization certificate, the association shall become, as from the date" of the execution of its organization certificate, a body corporate, and as such, and in the name designated in the organization certificate, it shall have power: First.
Página 53 - To suspend for a period not exceeding thirty days, and from time to time to renew such suspension for periods not exceeding fifteen days, any reserve requirement specified in this Act...