 | 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,...investment securities, except bonds and notes of the United States." The purpose of this restriction is not only to prevent the resources of the federal... | |
 | 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,...and notes of the Government of the United States. The Federal reserve banks are also permitted to discount domestic or foreign acceptances involving... | |
 | 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...and notes of the government of the United States) ; (3) To discount acceptances based on the importation or exportation of goods ; (4) To purchase and... | |
 | 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...and notes of the Government of the United States. Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | 1913 - 1030 pages
...for discount within the meaning of this act; but such distinction shall not include notes or bills issued or drawn for the purpose, of carrying or trading...stocks, bonds, or other Investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds, or... | |
 | First National City Bank of New York - 1913 - 88 pages
...for discount, within the meaning of this Act; but such definition shall not include notes or bills issued or drawn for the purpose of carrying or trading...stocks, bonds, or other investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds or... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 pages
...eligibility of the paper thus offered for such security, within the meaning of this act : but notes or bills Issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities shall not be eligible for such purpose, except notes or bills having n maturity of not exceeding four... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 pages
...for discount, within the meaning of this act; but such definition shall not include notes or bills issued or drawn for the purpose of carrying or trading in stocks or bonds [, or other securities]. Notes and bills admitted to discount under the terms of this paragraph... | |
 | Virginius Gilmore Iden - 1914 - 128 pages
...ware's, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | John Thom Holdsworth - 1914 - 464 pages
...wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
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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,... 
