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" Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months... "
United States Congressional Serial Set - Page 6
1930
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - Law - 1918 - 808 pages
...draw drafts upon it or its correspondents at sight or on time, not exceeding one year, and may also accept drafts or bills of exchange drawn upon it, having not more than six months sight to run, growing out of transactions involving the importation and exportation of goods; and any bank or trust...
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Statutes of the United States of America

United States - Law - 1917 - 706 pages
...thirteen 'be further voi.ept39,cesp. 752, amended and reenacted so as to read as follows: "io'reign trade "Any member bank may accept drafts or bills of exchange...grace, which grow out of transactions involving the importa- ,, A'J ' i* t л i • i *j .• Covering domestic tion or exportation of goods ; or which...
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Miscellaneous Series, Issues 82-87

United States - 1919 - 1222 pages
...not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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Proceedings of the Academy of Political Science in the City of New York

Banks and banking - 1914 - 646 pages
...foreign trade items in sections 14 and 28. Section 14 reads: Any national bank may, at its discretion, accept drafts or bills of exchange drawn upon it, having not more than six months' sight to run, and growing out of transactions involving the importation or exportation of goods. No hank shall accept...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - Banks and banking - 1911 - 576 pages
...not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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Banking and Currency in the United States, Volume 4

Academy of Political Science (U.S.) - Banks and banking - 1913 - 276 pages
...foreign trade items in sections 14 and 28. Section 14 reads: Any national bank may, at its discretion, accept drafts or bills of exchange drawn upon it, having not more than six months' sight to run, and growing out of transactions involving the importation or exportation of goods. No bank shall accept...
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Pending Banking Legislation: Letters by Officers of the National City Bank ...

First National City Bank of New York - Federal Reserve banks - 1913 - 88 pages
...centum of the unimpaired capital and surplus of said bank. Any member bank may, at its discretion, accept drafts or bills of exchange drawn upon it having not more than six months sight to run and growing out of transactions involving the importation or exportation of goods, but no bank shall...
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Banking and Currency: Hearings Before the Committee on Banking ..., Parts 13-24

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 1142 pages
...bills of exchange, as it appears on page 26 of the bill: Any national bank may, at its discretion, accept drafts or bills of exchange drawn upon it having not more than six months' eight to run and growing out of transactions involving the importation or exportation of goods. I have...
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The Americas, Volume 1

Commerce - 1914 - 664 pages
...which can be used only in financing foreign trade. The Act referred to reads, in part, as follows : Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods, having not more...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - Banks and banking - 1914 - 138 pages
...not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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