 | Richard Theodore Ely - 1893 - 826 pages
...Reserve Board. The privilege of rediscount is not extended to notes and bills of exchange issued " for the purpose of carrying or trading in stocks, bonds, or other investment securities, except bonds and notes of the United States." The purpose of this restriction is not only to prevent... | |
 | 1920 - 584 pages
...provided that such definition shall not include notes or drafts covering merely investments or issued 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. The Federal reserve banks are also permitted... | |
 | Horace White - 1911 - 576 pages
...act, and especially by the clause excluding " 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." It is unnecessary, therefore, to attempt... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 pages
...products, or other goods, wares, or merchandise, from being eligible for such discount: out such definition shall not include notes or bills issued or drawn for...in stocks, bonds, or other investment securities. Notes and bills admitted to discount, under the terms of this paragraph must have a maturity of not... | |
 | First National City Bank of New York - 1913 - 88 pages
...character of the paper thus eligible for discount, within the meaning of this Act; but such definition shall not include notes or bills issued or drawn for...in stocks, bonds, or other investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds... | |
 | Edmund J. Burke - 1913 - 502 pages
...transactions (NOTE. — A federal reserve bank may not discount notes, drafts, or bills of exchange 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) ; (3) To discount acceptances based... | |
 | 1913 - 1030 pages
...notes and bills of exchange issued or drawn for agricultural, industrial, and commercial purposes, but shall not include notes or bills issued or drawn for the purpose of trading in stocks, bonds, or other investment securities; and the only acceptable notes and bills shall... | |
 | 1913 - 492 pages
...definition shall not include notes, drafts or bills covering mere investments or drawn or issued tor the purpose of carrying or trading in stocks, bonds or other investment securities, except bonds and notes of the Government of the United States. Notes, drafts and bills admitted to... | |
 | 1914 - 600 pages
...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. Notes, drafts and bills admitted to... | |
 | Clarence Walker Barron - 1914 - 232 pages
...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. Notes, drafts, and bills admitted to... | |
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Act contained shall be construed to prohibit such notes, drafts and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts,... 
