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" B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit. "
Agricultural inquiry - Halaman 272
1922
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Scribner's Magazine, Volume 71

Edward Livermore Burlingame, Robert Bridges, Alfred Sheppard Dashiell, Harlan Logan - 1922
...board of directors of each separate bank, onethird of whom are required by the Federal Reserve Law to be "actively engaged in their district in commerce, agriculture, or some other industrial pursuit ;" therefore nothing would be accomplished in any case by such an experiment. The Reserve system's...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 541 halaman
...stock-holding banks. Class B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit. Class C shall consist of three members who shall be designated by the Federal Reserve Board. When the...
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Political Economy: Designed for Use in Catholic Colleges, High Schools and ...

Edmund J. Burke - 1913 - 479 halaman
...stockholding banks. Class B consists of three members elected by the stockholding banks from among persons actively engaged in their district in commerce, agriculture, or some other industrial pursuit. Class C consists of three members appointed by the Federal Reserve Board. One of these members of Class...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 431 halaman
...banks. Directors of Class A are to represent the member banks, while those of Class B shall, at the tune of their election, be "actively engaged in their district...commerce, agriculture, or some other industrial pursuit," and may not, while directors of the reserve bank, be officers, directors or employees of any other...
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Money and Banking

John Thom Holdsworth - 1914 - 439 halaman
...and presumably will be officers or directors of these banks. Directors of Class B must at the time of election "be actively engaged in their district in...commerce, agriculture, or some other industrial pursuit." They may not be officers, directors, or employees of any bank, though they tnay be stockholders. No...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1587 halaman
...banks. Class B. — Class B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit. Class C. — Class C shall consist of three members who shall be designated by the Federal Reserve...
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Trust Legislation: Hearings Before the Committee on the Judiciary, House of ...

United States. Congress. House. Committee on the Judiciary - 1914
...may be stockholders. Class B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture, or some other industrial pursuit. The act is silent with regard to class A directors; that is, there is no prohibition against their...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 118 halaman
...stock-holding banks. Class B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit Class C shall consist of three members who shall be designated by the Federal Reserve Board. When the...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - 1914 - 223 halaman
...stock-holding banks. Class B shall consist of three members, who at the time of H 36 their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit. Class C shall consist of three members who shall be desig- If 37 nated by the Federal Reserve Board....
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Why the Democrats Must Go: Or, The Elimination of Inefficiency: a Political ...

Louis Pope Gratacap - 1914 - 141 halaman
...bankers, representing the interest of the member banks ; one in class B, expected to be business men "actively engaged in their district in commerce, agriculture or some other industrial pursuit," and from these names the electors will vote for the directors who will fill the positions in the directorate...
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