Rural Credits: Hearings Before the Subcommittee of the Committee on Banking and Currency, Volumes 1-8
U.S. Government Printing Office, 1913 - Agricultural credit
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able agricultural American amount answer applications association average banks BATHRICK believe better bill bonds borrow building and loan BULKLEY capital carry CARVER cent CHAIRMAN charge commission committee companies cooperative cost course debt deposits expenses fact farm farmers funds give given Government HAYES HAYMAKER Hobbs HOWELL improve increase individual instance institutions investment issue keep kind labor land legislation less limited loan loan associations matter mean ment mortgage necessary notes Ohio operation organization paid payment PLATT practically present profit question RAGSDALE rate of interest reason regarding rural savings SELDOMRIDGE sell statement thing THOMPSON tion Treasury true union United WEAVER Woods York
Page 84 - 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 214 - 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 211 - Associations for carrying on the business of banking under this Title may be formed by any number of natural persons, not less in any case than five. They 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 law, which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.
Page 211 - The names and places of residence of the shareholders and the number of shares held by each of them. Fifth. The fact that the certificate is made to enable such persons to avail themselves of the advantages of this Title.
Page 214 - Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in. the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it.
Page 214 - That the capital stock of any association formed under this act shall be divided into shares of one hundred dollars each, and be deemed personal property and transferable on the books of the association in such manner as may be prescribed in the by-laws or articles of association...
Page 211 - The persons uniting to form such an association shall, under their hands, make an organization certificate, which shall specifically state: First. The name assumed by such association; which name shall be subject to the approval of the Comptroller of the Currency. Second. The place where its operations of discount and deposit are to be carried on, designating the State, Territory, or district, and the particular county and city, town, or village.
Page 212 - 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.