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" Any member bank may accept drafts or bills of exchange drawn upon it having not more than six months sight to run, exclusive of days of grace, which grow out of transactions involving the importation or exportation of goods; or which grow out of transactions... "
Money and Banking - Page 477
by John Thom Holdsworth - 1920 - 515 pages
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Statutes of the United States of America

United States - Law - 1917 - 706 pages
...tion or exportation of goods ; or which grow put of transactions shipments. involving tne domestic shipment of goods provided shipping documents conveying or securing title are attached at the time of accept- , i -J ifi D, ,tt т_ ir Secured b\- wareance; or which are secured at the tune of acceptance...
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Federal Reserve Bulletin, Volume 14

Banks and banking - 1928 - 984 pages
...involving the importation or exportation of goods; or which grow out of transactions involving the domestic shipment of goods, provided shipping documents conveying...securing title covering readily marketable staples.* This paragraph limits the amount which any bank shall accept for any one person, company, firm, or...
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Congressional Serial Set

United States - 1916 - 1420 pages
...involving the importation or exportation of goods; or which grow out of transactions involving the domestic shipment of goods provided shipping documents conveying...securing title covering •readily marketable staples. ATo member bant snaU accept, whether in a foreign or domestic transaction, for any one person, company,...
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Amendments to the Federal Reserve Act: Hearings Before ..., March 22, May 9 ...

United States. Congress. Senate. Committee on Banking and Currency - 1916 - 104 pages
...which grow out of transactions involving the domestic shipment of goods provided shipping documents are attached at the time of acceptance; or .which...acceptance by a warehouse receipt or other such document affording security title covering readily marketable staples, or by the pledge of goods actually sold....
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Amendments to the Federal Reserve Act

1916 - 114 pages
...which grow out of transactions involving the domestic shipment of goods provided shipping documents are attached at the time of acceptance; or •which...acceptance by a warehouse receipt or other such document affording security title covering readily marketable staples, or by the pledge of goods actually sold....
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Federal Reserve Bulletin

Banks and banking - 1916 - 850 pages
...which grow out of transactions involving the domestic shipment -of goods, provided shipping documents are attached at the time of acceptance; or which are secured at the iime of acceptance by a warehouse receipt or other such document affording security title covering...
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Congressional Serial Set, Issue 7106

United States - 1917 - 554 pages
...involving the importation or exportation or goods; or which grow out of transactions involving the domestic shipment of goods provided shipping documents conveying...covering readily marketable staples. No member bank shah1 accept, whether in a foreign or domestic transaction, for any one pet-son, company, firm, or...
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - Agricultural credit - 1917 - 452 pages
...permitted (a) to accept drafts or bills of exchange which grow out of transactions involving the domestic shipment of goods, provided shipping documents conveying...securing title covering readily marketable staples. (6) to accept drafts or bills of exchange drawn by banks or bankers in foreign countries, dependencies...
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Money and Banking

John Thom Holdsworth - Banks and banking - 1917 - 538 pages
...involving the importation or exportation of goods; or which grow out of transactions involving the domestic shipment of goods provided shipping documents conveying...securing title covering readily marketable staples." The amendment limits the aggregate amount of acceptances made for any one concern to 10 per cent of...
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Annual Report, Volume 3

Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1917 - 534 pages
...which grow out of transactions involving the domestic shipment of goods, providing shipping documents are attached at the time of acceptance; or which are...securing title covering readily marketable staples. Any Federal Reserve Bank may also acquire drafts or bills of exchange drawn on member banks by banks...
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