Rural Credits: Hearings Before the Subcommittee of the Committee on Banking and Currency, House of Representatives, Charged with Plans for the Development of Rural Credits in the United States |
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Common terms and phrases
acres agricultural amortization amount asso ATKESON average bankers BATHRICK bill bonds borrow money building and loan BULKLEY bureau capital CARVER cent CHAIRMAN commission committee CONGRESS THE LIBRARY cooperative course credit union currency debentures debt deposits districts dollars DOOLITTLE expenses farm credit farm loans farm mortgages farmers Federal fiat money funds gentlemen give Glass-Owen bill Government loans HAYES HAYMAKER HOBBS HOWELL HULINGS increase institutions insurance companies interest rate investment issue KEESLER KENNETT labor LAFFERTY land land-mortgage legislation LIBRARY OF CONGRESS loan associations loan money long-time LUND ment mortgage loans Moss National Grange Ohio organization payment PLATT profit proposition purpose question RAGSDALE rate of interest real estate rural credits savings banks SELDOMRIDGE sell short-time loans statement thing THOMPSON tion Torrens system Treasury United WEAVER Woods
Popular passages
Page 86 - The purpose of the Department of Labor shall be to foster, promote, and develop the welfare of the wage earners of the United States, to improve their working conditions, and to advance their opportunities for profitable employment.
Page 169 - That the Secretary of the Treasury is hereby authorized to borrow on the credit of the United States from time to time, as the proceeds may be required to defray expenditures authorized by this Act...
Page 216 - That in all elections of directors, and in deciding all questions at meetings of shareholders, each shareholder shall be entitled to one vote on each share of stock held by him.
Page 215 - ... authorized to commence the business of banking, the Comptroller shall examine into the condition of such association, ascertain especially the amount of money paid in on account of its capital, the name and place of residence of each of its directors...
Page 283 - ... in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except for duties on imports ; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Page 217 - The shareholders or stockholders of every banking or insurance corporation or association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such corporation or association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares or stock.
Page 170 - ... shall be exempt from all taxes or duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority...
Page 215 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on personal security...
Page 213 - That associations for carrying on the business of banking may be formed by any number of persons, not less in any case than five, who shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with the provisions of this act, which the association may see fit to adopt for the regulation of the business of the association and the conduct of its affairs...
Page 214 - Sixth. To prescribe, by its board of directors, by-laws not inconsistent with law, regulating the manner in which its stock shall be transferred, its directors elected or appointed, its officers appointed, its property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed.