Federal Reserve Act, 1913: McFadden Act, 1927; Banking Act of 1933, Banking Act of 1935, Banking Holding Company Act, 1956; ... 1958 |
From inside the book
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Page 7
... authorized to issue notes by the terms of the law . Individual banks may issue such notes by depositing at the Treasury State or muni- cipal bonds of approved kinds , receiving in exchange 90 per cent of the par value of such bonds ...
... authorized to issue notes by the terms of the law . Individual banks may issue such notes by depositing at the Treasury State or muni- cipal bonds of approved kinds , receiving in exchange 90 per cent of the par value of such bonds ...
Page 15
... authorized employment of the method of credit extension which has been made use of in times past when stringent conditions had developed themselves in the banking community . It has not been deemed wise upon ex- amination to attempt any ...
... authorized employment of the method of credit extension which has been made use of in times past when stringent conditions had developed themselves in the banking community . It has not been deemed wise upon ex- amination to attempt any ...
Page 49
... authorized to accept drafts or bills of exchange drawn upon it to an amount not exceeding one- half its capital . The acceptance business , which it is thus proposed to authorize , is a new form of business heretofore forbidden to ...
... authorized to accept drafts or bills of exchange drawn upon it to an amount not exceeding one- half its capital . The acceptance business , which it is thus proposed to authorize , is a new form of business heretofore forbidden to ...
Page 52
... authorized in sec- tion 14 were entirely of a nature originating with member banks and involving a rediscount operation . It is clearly necessary to extend the permitted transactions of the Federal reserve banks beyond this very narrow ...
... authorized in sec- tion 14 were entirely of a nature originating with member banks and involving a rediscount operation . It is clearly necessary to extend the permitted transactions of the Federal reserve banks beyond this very narrow ...
Page 56
... authorized to reassign the quotas of bonds not taken up to other banks which are authorized to in that case secure a corresponding amount of additional conversions . 3. During the 20 - year period any bank may increase or decrease its ...
... authorized to reassign the quotas of bonds not taken up to other banks which are authorized to in that case secure a corresponding amount of additional conversions . 3. During the 20 - year period any bank may increase or decrease its ...
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amends section amount application appointed approval assessment assets authorized bank holding company bankers Banking Act board of directors bonds branch banking capital and surplus capital stock cash cent central reserve cities centum certificate closed bank Comptroller Congress Corporation deemed deposit liabilities depositors discount dividends employee establish examination existing law Federal Deposit Insurance Federal Reserve Act Federal reserve agent Federal reserve bank Federal Reserve Board Federal reserve district Federal reserve notes Federal Reserve System funds gold Government held holding company affiliate House bill insured bank insured deposit interest issued loans located member bank ment mutual savings bank national banking act national banking association national-bank nonmember banks obligations officer operations paid payment permit prescribed purchase purpose receive rediscount regulations reserve requirements Revised Statutes Secretary Senate amendment shareholders shares stockholders term thereafter thereof tion title 12 Treasury trust company United vote