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" Federal reserve 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... "
Acceptances: Their Importance as a Means of Increasing and Simplifying ... - Halaman 32
oleh American Exchange National Bank (New York, N.Y.), American Exchange National Bank, New York - 1916 - 48 halaman
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Yearbook of agriculture. 1914

1915 - 808 halaman
...banking facilities to the rural districts. It was specifically provided that a Federal reserve bank might "discount notes, drafts, and bills of exchange arising...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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Gateway, Volume 21-22

1913 - 492 halaman
...the issuance of regional reserve notes is thus described in the new law : fl "Upon the indorsement of any of its member banks, with a waiver of demand,...or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine, or define the character of the paper thus eligible to...
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Journal of the House of Representatives ... of the ... Legislature, Volume 33

Texas. Legislature. House, Texas. Legislature. House of Representatives - 1914 - 580 halaman
...or chocks and drafts upon solvent members or other Federal reserve banks, payable upon presentation. "Upon the endorsement of any of its member banks,...been used, or are to be used, for such purposes, the Föderal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 10

United States - 1914 - 962 halaman
...upon solvent member or other Federal reserve banks, payable upon presentation. Upon the indorsement of any of its member banks, with a waiver of demand,...or are to be used, for such purposes, the Federal Eeserve Board to have the right to determine or define the character of the paper thus eligible for...
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Report of the Secretary of Agriculture

United States. Department of Agriculture - 1914 - 380 halaman
...facilities to the rural districts. It was specifically provided that a Federal reserve bank might " discount notes, drafts, and bills of exchange arising...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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The Quarterly Journal of Economics, Volume 28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1914 - 840 halaman
...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of...used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper. To make assurance...
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The Quarterly Journal of Economics, Volume 28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1914 - 858 halaman
...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of...used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper. To make assurance...
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The Quarterly Journal of Economics, Volume 28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1914 - 850 halaman
...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of...used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper. To make assurance...
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Journal, Volume 2-3

Texas. Legislature. Senate - 1914 - 484 halaman
...or Federal Reserve Bank, with a waiver of demand, notice and protest of such hank. The Bank of Texas may discount notes, drafts and bills of exchange arising...been used or are to be used for such purposes; the Board of Directors to have tbe right to determine or define the character of paper thus eligible for...
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Deparment Of Agriculture

Washingto: Goverment Printing Office - 1914 - 394 halaman
..."discount notes, drafts, and bills of exchange arising out of actual commercial transactions—that is, notes, drafts, and bills of exchange issued or...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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