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" Any note, draft, bill of exchange or banker's acceptance which arises out of a current transaction or the proceeds of which have been or are to be used for current transactions... "
Securities Act ,hearings Before ...,73-1, on S. 875 ...,March 31 to April 8 ... - Seite 114
von United States. Congress. Senate. Banking and Currency Committee - 1933 - 349 Seiten
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Annual Report, Band 5

Board of Governors of the Federal Reserve System (U.S.) - 1919
...is, be a bill •which has been issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been or are to be used for such purposes (d) It must not have been issued for carrying or trading in stocks, bonds, or other investment...
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Commercial Banking Practice Under the Federal Reserve Act: The Law and the ...

National Bank of Commerce in New York - 1921 - 178 Seiten
...have been or are to be used by him to pay for the work of developing or building, is generally a note "the proceeds of which have been or are to be used for permanent or fixed investment" within the meaning of the Board's regulation, and therefore such a note...
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Acceptances, Trade and Bankers'

Park Mathewson - 1921 - 372 Seiten
...which note have been or are to be used by him to pay for the work of developing or building, is a note "the proceeds of which have been or are to be used for permanent or fixed investments" within the meaning of the Board's regulations, and that, therefore,...
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Rural Credits: Hearings Before ... on S. 4063 (H.R. 13033) ... , November 24 ...

United States Congress. House. Banking and Currency Committee - 1922 - 18 Seiten
...accept drafts or bills of exchange, which — (a) Are issued or drawn for an agricultural purpose, or the proceeds of which have been or are to be used for an agricultural purpose; (b) Have a maturity, at the time of discount, purchase, or acceptance, not...
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Bank Credit and Agriculture, Under the National and Federal Reserve Banking ...

Ivan Wright - 1922 - 340 Seiten
...Banks may rediscount notes, drafts and bills of exchange issued or drawn for agricultural purposes or the proceeds of which have been, or are to be, used for such purposes, the Federal Reserve Board to have the right to determine or define the character of...
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Agricultural inquiry, Band 3

1922
...are to be used for drilling oil wells. In accordance with the Federal Reserve Board's ruling, notes, the proceeds of which have been, or are to be, used for the drilling of oil wells or making any other permanent improvement, even on proven territory, are...
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The Federal Reserve Act (approved December 23, 1913) as Amended August 4 ...

United States - 1923 - 120 Seiten
...accept drafts or bills of exchange, which — (A) Are issued or drawn for an agricultural purpose, or the proceeds of which have been or are to be used for an agricultural purpose ; (B) Have a maturity, at the time of discount, purchase, or acceptance, not...
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Rural Credits: Hearings Before the Committee on Banking and Currency of the ...

United States. Congress. House. Committee on Banking and Currency - 1923
...accept drafts or bills of exchange, which — "(a) Are issued or drawn for an agricultural purpose, or the proceeds of which have been or are to be used for an agricultural purpose; "(b) Have a maturity, at the time of discount, purchase, or acceptance, not...
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Congressional Record: Proceedings and Debates of the ... Congress

United States. Congress - 1923
...accqpt drafts or bills of exchange, which — (A) Are issued or drawn for an agricultural purpose, or the proceeds of which have been or are to be used for an agricultural purpose; (B) Have a maturity, at the time of discount, purchase, or acceptance, not...
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Business Law for Business Men, State of California: A Reference Book Showing ...

Anthony Jennings Bledsoe - 1923 - 1172 Seiten
...transactions; that is, be a bill which has been issued or drawn for industrial or commercial purposes or the proceeds of which have been or are to be used for such purposes. (e) Bills Not Eligible for Discount or Purchase. — No bill shall be eligible for discount...
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