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 56
... purchase now required . Precisely how great a limita tion of the bond demand this would furnish can not be precisely ... purchased by national banks to protect circulation was about $ 16,000,000 . This , however , was far in excess of ...
... purchase now required . Precisely how great a limita tion of the bond demand this would furnish can not be precisely ... purchased by national banks to protect circulation was about $ 16,000,000 . This , however , was far in excess of ...
Page 57
... purchased under the compulsory - purchase requirement , inasmuch as many banks bought more bonds than they were obliged to secure under the terms of the national - bank act . There is no reason why this demand for bonds should not ...
... purchased under the compulsory - purchase requirement , inasmuch as many banks bought more bonds than they were obliged to secure under the terms of the national - bank act . There is no reason why this demand for bonds should not ...
Page 121
... purchase and sell in the open market , either from or to domestic or foreign banks , firms , corporations , or individuals , prime bankers ' bills , and bills of exchange of the kinds and maturities by this act made eligible for ...
... purchase and sell in the open market , either from or to domestic or foreign banks , firms , corporations , or individuals , prime bankers ' bills , and bills of exchange of the kinds and maturities by this act made eligible for ...
Page 122
... purchase or sale of Govern- ment or State securities or of gold coin or bullion . NOTE ISSUES . SEO . 17. That Federal reserve notes , to be issued at the discretion of the Federal reserve board for the purpose of making advances to ...
... purchase or sale of Govern- ment or State securities or of gold coin or bullion . NOTE ISSUES . SEO . 17. That Federal reserve notes , to be issued at the discretion of the Federal reserve board for the purpose of making advances to ...
Page 133
... PURCHASE OF STOCK . One objection to the proposed law goes to the provision which compels national banks to subscribe for the capital stock of the Fed- eral reserve banks on pain of forfeiture of their charters . We be lieve this ...
... PURCHASE OF STOCK . One objection to the proposed law goes to the provision which compels national banks to subscribe for the capital stock of the Fed- eral reserve banks on pain of forfeiture of their charters . We be lieve this ...
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Common terms and phrases
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