 Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions ; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds...  Outlines of Economics - Page 308by Richard Theodore Ely - 1893 - 769 pagesFull view - About this book
 | 1915 - 808 pages
...drafts, and bills of exchange arising out of actual commercial transactions — that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used or are to be used for such purposes." The Federal Reserve Board... | |
 | Nelson Wilmarth Aldrich - Banking law - 1911 - 30 pages
...arising out of commercial transactions. (This language, whenever used, is intended to apply to all notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not for carrying stocks, bonds, or other investment securities.) Such notes and bills must have a maturity... | |
 | Horace White - Banks and banking - 1911 - 576 pages
...drafts, and bills of exchange arising out of actual commercial transactions ; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Federal Reserve... | |
 | Alfred Owen Crozier - Banks and banking - 1912 - 434 pages
...having a deposit with it, notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not including notes or bills issued or drawn for the purpose of carrying stocks, bonds, or other investment... | |
 | James Laurence Laughlin - Banks and banking - 1912 - 452 pages
...having a deposit with it, notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, and not including notes or bills issued or drawn for the purpose of carrying stocks, bonds, or other investment... | |
 | Frederick Converse Beach, George Edwin Rines - Encyclopedias and dictionaries - 1912 - 822 pages
...with it, notes and bills of exchange arising out of commercial transactions, by which term is meant notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not for carrying stocks, bonds, or other investment securities. Such notes and bills must have a maturity... | |
 | First National City Bank of New York - Federal Reserve banks - 1913 - 88 pages
...reserve bank may discount notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, the Federal Eeserve Board to have the right to determine or define the character of the paper thus... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 1142 pages
...paragraph (a) of this section notes and bills of exchange arising out of commercial transactions^ that is, notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, the council to have the right to determine or define the character, quality, and eligibility of the... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 988 pages
...reserve bank may discount notes and bills of exchange arising out of a commercial transaction; that is, notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or may be used, for such purposes. That is not commercial... | |
 | 1913 - 492 pages
...drafts and bills of exchange arising out of actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Federal Rerserve... | |
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