Rural Credits: Hearings ... Sixty-seventh Congress ... on the Bills S.4280 (H.R. 13033) to Provide for the Incorporation and Supervision of Corporations Fromed for the Purpose of Making Agricultural and Live-stock Loans ... and for Other Purposes ...U.S. Government Printing Office, 1923 - Agricultural credit |
Other editions - View all
Common terms and phrases
agency Agricultural Credit Corporation amended amount ANDERSON APPLEBY bankers banking system bonds borrow capital stock Capper bill cent CHAIRMAN CLAWSON COLE collateral committee Comptroller cooperative associations cotton country banks crop CUNNINGHAM Currency debentures deposits directors discount farm credits Farm Loan Act Farm Loan Board farmer Federal Farm Loan Federal Intermediate Credit Federal land bank Federal reserve act Federal reserve bank Federal Reserve Board Federal reserve system Finance Corporation funds going Government growers indorsement Intermediate Credit Bank issued JEWETT Lenroot-Anderson bill live-stock LUCE MACGREGOR MARSH maturity member banks MOEHLENPAH mortgage National Agricultural Credit national bank act national banks needs notes obligations organization paper PETERS PHILLIPS question rate of interest rediscount require rural credits SAPIRO sell SILVER situation statement STEAGALL STEVENSON STRONG surplus thing tion turnover War Finance Corporation warehouse receipts wheat WINGO
Popular passages
Page 350 - ... notes, drafts, and bills of exchange of factors issued as such making advances exclusively to producers of staple agricultural products in their raw state shall be eligible for such 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 in stocks, bonds, or other investment securities, except bonds and notes of the Government of the United States.
Page 343 - ... and employees, shall have the same powers and privileges and shall be subject to the same duties, liabilities, and regulations, in all respects, as shall have been prescribed by this title for corporations originally organized as National Agricultural Credit Corporations.
Page 350 - Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days...
Page 335 - ... or any other company, body politic or corporate, or any individual person, or to deceive any officer of such...
Page 343 - ... association on such terms and conditions as may be lawfully agreed upon by a majority of the board of directors of each association or bank proposing to consolidate...
Page 346 - The said committee shall supervise the organization in each of the cities designated of a Federal reserve bank, which shall include in its title the name of the city in which it is situated, as " Federal Reserve Bank of Chicago.
Page 176 - Agriculture," approved October 1, 1890, is amended by adding at the end thereof a new paragraph to read as follows...
Page 189 - ... of days of grace. (b) Limitations.— No Federal Reserve Bank shall discount for any Federal Intermediate Credit bank any paper which bears the endorsement of any nonmember State bank or trust company which is eligible for membership in the Federal Reserve System under the terms of section 9 of the Federal Reserve Act.
Page 338 - Such as shall be conveyed to it in satisfaction of debts previously contracted in. the course of its dealings.