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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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Making Use of a Bank

James Anderson Fitzgerald - 1923 - 371 halaman
...three called class A directors to represent the stockholding banks, three called class B directors to be " actively engaged in their district in commerce, agriculture, or some other industrial pursuits." In order to elect directors, each of the banks is divided into three groups of as nearly...
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Money and Banking

John Thom Holdsworth - 1923 - 564 halaman
...member banks. Directors of Class A represent the member banks; directors of Class B must at the time of election "be actively engaged in their " district in commerce, agriculture, or some othBT-tnaustrial pursuit"" They may not be officers, directors, or employees of any bank, though they...
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Economics for Secondary Schools

Eugene Boniface Riley - 1924 - 322 halaman
...second class of three directors consists of men engaged in the banking business. The remaining three must at the time of their election be actively engaged...commerce, agriculture, or some other industrial pursuit. In other words, three of the directors of each Federal Reserve bank are chosen by the Federal Reserve...
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Digest of Rulings of the Federal Reserve Board (1914-1923, Inclusive): With ...

Board of Governors of the Federal Reserve System (U.S.) - 1924 - 407 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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Practical Banking

Gerald William Jamieson - 1925 - 214 halaman
...of the stockholding banks. Class B consists of three members who at the time of their election are engaged in their district in commerce, agriculture, or some other industrial pursuit. Class C consists of three members designated by the Federal Reserve Board. Persons Disqualified for...
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Study of Banking Laws, Hearing Before ..., 84:2 ....

United States. Congress. Senate. Banking and Currency Committee - 1956 - 1073 halaman
...banks." Paragraph 11 : "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." Paragraph 12 : "Class C shall consist of three members who shall be designated by the Board of Governors...
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Hearings, Reports and Prints of the Joint Economic Committee

United States. Congress. Joint Economic Committee - 1959
...under the law, be officers, directors, or employees of banks. At the time of their election they must be actively engaged in their district in commerce, agriculture, or some other industrial pursuit. The Class C directors may not, under the law, be officers, directors, employees, or stockholders of...
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Study of Banking Laws: Legislative Recommendations of the Federal ...

United States. Congress. Senate. Committee on Banking and Currency - 1956 - 212 halaman
...stockholding banks." As to class B directors the act provides that "at the time of their election [they] shall be actively engaged in their district in commerce, agriculture, or some other industrial pursuit." As to class C directors the act provides not only that they "shall have been for at least 2 years residents...
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Conflicting Official Views on Monetary Policy: April 1956: Hearing Before ...

United States. Congress. Economic Joint Committee - 1956 - 62 halaman
...businesses, engaged in serving small businesses in their communities. Three — class B — are required to "be actively engaged in their district in commerce, agriculture, or some other industrial pursuit." The first 3 may be considered as lenders, the second 3 may be looked upon as representatives of borrowers....
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Conflicting Official Views on Monetary Policy: April 1956: Hearing ..., Volume 7

United States. Congress. Joint Committee on the Economic Report. Subcommittee on Economic Stabilization, United States. Congress. Joint Economic Committee - 1956 - 62 halaman
...businesses, engaged in serving small businesses in their communities. Three — class B — are required to "be actively engaged in their district in commerce, agriculture, or some other industrial pursuit." The first 3 may be considered as lenders, the second 3 may be looked upon as representatives of borrowers....
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