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" Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of... "
Code of Federal Regulations: Containing a Codification of Documents of ... - Page 7
1979
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Yearbook of agriculture. 1914

1915 - 808 pages
...facilities to the rural districts. It was specifically provided that a Federal reserve bank might "discount notes, drafts, and bills of exchange arising out of...been used or are to be used for such purposes." The Federal Reserve Board was given the right to define the character of paper thus eligible for discount....
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - Banks and banking - 1911 - 576 pages
...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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Gateway, Volumes 21-22

1913 - 492 pages
...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine, or define the character of the paper thus eligible...
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Banking and Currency: Hearings Before the Committee on Banking ..., Parts 13-24

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 1142 pages
...may discount notes and bills of exchange arising out of the commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used or may be used for such purposes; tlie Federal reserve board to have the right to determine or define...
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Banking and Currency: Hearings Before the Committee on Banking and ..., Part 1

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 988 pages
...bank may discount notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used for such purposes, the Federal reserve board to have the right to determine or define the character...
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The Quarterly Journal of Economics, Volume 28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - Economics - 1914 - 850 pages
...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of...been used or are to be used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper....
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Money and Banking

John Thom Holdsworth - Banks and banking - 1914 - 464 pages
...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - Banking law - 1914 - 232 pages
...with a If 88 waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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Journal of the House of Representatives ... of the ... Legislature, Volume 33

Texas. Legislature. House, Texas. Legislature. House of Representatives - Law - 1914 - 580 pages
...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts and bills of exchange arising out of...been used, or are to be used, for such purposes, the Föderal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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Journal, Volumes 2-3

Texas. Legislature. Senate - Legislative journals - 1914 - 484 pages
...hanks, with a waiver of demand, notice and protest by such bank, any Federal reserve hank may discount notes, drafts and bills of ex-change arising out of...been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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