 | Richard Theodore Ely - 1893 - 826 Seiten
...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,...securities, except bonds and notes of the United States." The purpose of this restriction is not only to prevent the resources of the federal reserve banks from... | |
 | 1920 - 584 Seiten
...provided that such definition shall not include notes or drafts covering merely investments or issued for the purpose of carrying or trading in stocks,...investment securities except bonds and notes of the Government of the United States. The Federal reserve banks are also permitted to discount domestic... | |
 | Horace White - 1911 - 576 Seiten
...of 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 Seiten
...transactions (NOTE. — A federal reserve bank may not discount notes, drafts, or bills of exchange issued or drawn for the purpose of carrying or trading...investment securities, except bonds and notes of the government of the United States) ; (3) To discount acceptances based on the importation or exportation... | |
 | 1913 - 492 Seiten
...definition shall not include notes, drafts or bills covering mere investments or drawn or issued tor the purpose of carrying or trading in stocks, bonds...investment securities, except bonds and notes of the Government of the United States. Notes, drafts and bills admitted to discount under the terms of this... | |
 | 1913 - 1030 Seiten
...for discount within the meaning of this act; but such distinction shall not include notes or bills issued or drawn for the purpose, of carrying or trading...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 Seiten
...for discount, 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...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 - 1142 Seiten
...eligibility of the paper thus 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... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 Seiten
...for discount, 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 or bonds [, or other securities]. Notes and bills admitted to discount under the terms of this paragraph... | |
 | John Thom Holdsworth - 1914 - 464 Seiten
...discount; but such definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading...investment securities, except bonds and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this... | |
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... 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 or... 
