 | New York (State) - 1916 - 526 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... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1916 - 104 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... | |
 | Roger Ward Babson, Ralph May - 1916 - 298 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... | |
 | Elihu Root - 1916 - 574 pages
...definition shall not include notes, drafts, or bills covering merely investments or issued or]drawn for the purpose of carrying or trading in stocks,...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... | |
 | United States. Congress. Joint Committee on Rural Credits - 1916 - 234 pages
...proceeds of which have been or are to be used for such purposes. (d) It must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States; but the pledge of goods as security for a bill is not prohibited. II. CHARACTER OF PAPER ELIGIRLE.... | |
 | 1916 - 850 pages
...banking, and specifically excludes from purchase or discount ' ' notes, drafts, or bills covering purely investments, or issued or drawn for the purpose of...bonds, or other investment securities, except bonds or notes of the Government of the United States." The Act does not permit member banks to accept drafts... | |
 | Harold Glenn Moulton - 1916 - 830 pages
...proceeds of which have been or are to be used for such purposes. i/) It must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States; but the pledge of goods as security for a bill is not prohibited. III. CHARACTER OF PAPER ELIGIBLE... | |
 | 1916 - 832 pages
...proceeds of which have been or are to be used for such purposes. d) It must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States; but the pledge of goods as security for a bill is not prohibited. III. CHARACTER OF PAPER ELIGIBLE... | |
 | Richard Theodore Ely, Thomas Sewall Adams, Max Otto Lorenz, Allyn Abbott Young - 1916 - 812 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... | |
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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,... 
