 ... notes, drafts, and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount ; but such definition shall not include notes, drafts, or bills covering merely investments...  Gateway - Page 211913Affichage du livre entier - À propos de ce livre
 | Richard Theodore Ely - 1893 - 826 pages
...Reserve Board. The privilege of rediscount is not extended to notes and bills of exchange issued " for the purpose of carrying or trading in stocks, bonds,...investment securities, except bonds and notes of the United States." The purpose of this restriction is not only to prevent the resources of the federal... | |
 | 1920 - 584 pages
...provided that such definition shall not include notes or drafts covering merely investments or issued for the purpose of carrying or trading in stocks, bonds...and notes of the Government of the United States. The Federal reserve banks are also permitted to discount domestic or foreign acceptances involving... | |
 | Horace White - 1911 - 576 pages
...real property, and not merely for investment; and shall not have been issued, drawn, or accepted for the purpose of carrying or trading in stocks, bonds or other investment securities; and which shall have a maturity in conformity with the requirements of the Federal Reserve act.! (d)... | |
 | Edmund J. Burke - 1913 - 502 pages
...— A federal reserve bank may not discount notes, drafts, or bills of exchange issued or drawn for the purpose of carrying or trading in stocks, bonds,...and notes of the government of the United States) ; (3) To discount acceptances based on the importation or exportation of goods ; (4) To purchase and... | |
 | 1913 - 1030 pages
...the meaning of this act; but such distinction shall not include notes or bills issued or drawn for the purpose, of carrying or trading In stocks, bonds, or other Investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds, or... | |
 | First National City Bank of New York - 1913 - 88 pages
...within the meaning of this Act; but such definition shall not include notes or bills issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds or... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 pages
..."credit instruments." As it reads now, it says — shall not include notes or bills issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities. The CHAIRMAN. As amended, how would it read ? Mr. FLANNAGAN. As amended, it would read: Shall not include... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 pages
...offered for such security, within the meaning of this act : but notes or bills Issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities shall not be eligible for such purpose, except notes or bills having n maturity of not exceeding four... | |
 | John Thom Holdsworth - 1914 - 464 pages
...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,...than ninety days: Provided, That notes, drafts, 'and bills drawn or issued for agricultural purposes or based on live stock and having a maturity not exceeding... | |
 | Virginius Gilmore Iden - 1914 - 138 pages
...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,...than ninety days : Provided, That notes, drafts, and bills drawn or issued for agricultural purposes or based on live stock and having a maturity not exceeding... | |
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