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" Every Federal land bank shall semiannually carry to reserve account a sum not less than 50 per centum of its net earnings until said reserve account shall show a credit balance equal to the outstanding capital stock of said land bank. After said reserve... "
To Provide for the Establishment of a Federal Mortgage Bank, Hearing Before ... - Seite 6
von United States. Congress. Senate. Banking and Currency Committee - 1936 - 42 Seiten
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Additional Capital for Federal Land Banks

United States. Congress. House. Committee on Banking and Currency - 1932 - 32 Seiten
...the outstanding capital stock of said land bank. After said, reserve shows a credit balance equal to the outstanding capital stock 10 per centum of the net earnings shall be added thereto seiniannually. Whenever sa:d reserve shall have been impaired it shall be fully restored before any...
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Circular

United States. Farm Credit Administration - 1934 - 1028 Seiten
...credit balance equal to the outstanding capital stock of said land bank. After said reserve is equal to the outstanding capital stock 10 per centum of the net earnings shall be added thereto semiannually. Whenever said reserve shall have been impaired it shall be fully restored before any dividends are...
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To Provide for the Establishment of a Federal Mortgage Bank: Hearing Before ...

United States. Congress. Senate. Committee on Banking and Currency - 1936 - 52 Seiten
...modernize, or sell for cash or credit, or otherwise dispose of, with a view to assuring a maximumfinancial return to the bank, any property acquired by it as...the said reserve is equal to the outstanding capital stot'k any excess over that amount may be used to lend upon or purchase mortgages. Whenever said reserve...
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Laws Applicable to the United States Department of Agriculture, 1935 ...

United States - 1936 - 684 Seiten
...credit balance equal to the outstanding capital stock of said land bank. After said reserve is equal to the outstanding capital stock 10 per centum of the net earnings shall be added thereto semiannually. Whenever said reserve shall have been impaired it shall be fully restored before any dividends are...
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Federal Farm Loan Act, with Amendments and Farm Mortgage and Farm Credit Acts

United States - 1966 - 376 Seiten
...credit balance equal to the outstanding capital stock of said land bank. After said reserve is equal to the outstanding capital stock 10 per centum of the net earnings shall be added thereto semiannually. Whenever said reserve shall have been impaired it shall be fully restored before any dividends are...
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United States Code, Band 3

United States - 1971 - 1248 Seiten
...credit balance equal to the outstanding capital stock of said land bank. After said reserve Is equal to the outstanding capital stock 10 per centum of the net earnings shall be added thereto at the end of each fiscal year until said reserve account shall show a credit balance equal to 150...
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Revised Edition of Laws Applicable to the United States Department ..., Band 1

United States, United States. Department of Agriculture. Office of the Solicitor - 1945 - 930 Seiten
...credit balance equal to the outstanding capital stock of said land bank. After said reserve is equal to ultry dealer or handler any article for the purpose...or with the effect of apportioning the supply in c Whenever said reserve shall have been impaired it shall be fully restored before any dividends are...
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Farm Credit Act of 1955: Hearings Before a Subcommittee of the Committee on ...

United States. Congress. Senate. Committee on Agriculture and Forestry - 1955 - 272 Seiten
...credit balance equal to the outstanding capital stock of said land bank. After said reserve is equal to the outstanding capital stock 10 per centum of the net earnings shall be added thereto semiannually until said reserve account shall show a credit balance equal to 150 per centum of the outstanding capital...
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Farm Credit Act of 1955: Hearings Before ..., 84-1 on H.R. 5168, May 17 ...

United States. Congress. House. Committee on Agriculture - 1955 - 262 Seiten
...credit balance equal to the outstanding capital stock of said land bank. After said reserve is equal to the outstanding capital stock 10 per centum of the net earnings shall be added thereto semiannually until said reserve account shall show a credit balance equal to 150 per centum of the outstanding capital...
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Farm Credit Act of 1955: Hearings Before a Subcommittee of ..., 84-1 on S ...

United States. Congress. Senate. Agriculture and Forestry Committee - 1955 - 238 Seiten
...credit balance equal to the outstanding capital stock of said land bank. After said reserve is equal to the outstanding capital stock 10 per centum of the net earnings shall be added thereto semiannually until said reserve account shall show a credit balance equal to 150 per centum of the outstanding capital...
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