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" It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings or machinery, or for any other fixed capital purpose... "
Code of Federal Regulations: Containing a Codification of Documents of ... - Page 297
1994
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Federal Reserve Bulletin, Volume 14

Banks and banking - 1928 - 984 pages
...It must not be a not«, draft, or bill of exchange the proceeds of which have been used or are to be used for permanent or fixed investments of any kind,...as land, buildings, or machinery, or for any other capital purpose. (d) It must not be a note, draft, or bill of exchange the proceeds of which have been...
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Commercial Paper: A Text Book for Merchants, Bankers and Investors

Roger Ward Babson, Ralph May - Banks and banking - 1916 - 298 pages
...eligible for discount by the Federal Reserve Banks the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings, or machinery. "It may be considered," the circular goes on to say, "as sufficient evidence of compliance with this...
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Money and Banking

William Amasa Scott - Banks and banking - 1916 - 426 pages
...manufacture, and distribution." It docs not include bills the proceeds of which have been used or are to be used " for permanent or fixed investments of any kind, such as land, buildings, machinery (including therein additions, alterations, or other permanent improvements, except such as...
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Federal Reserve Bulletin

Banks and banking - 1916 - 850 pages
...which II (a) prescribes that "no bill is 'eligible,' the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings, machinery (including therein additions, alterations, or other permanent improvements, except such as...
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - Agricultural credit - 1917 - 452 pages
...It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings, or machinery. (c) It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to...
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Annual Report, Volume 3

Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1917 - 534 pages
...It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings, or machinery. (c) It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to...
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The Law, Rules and Regulations Governing Acceptances, Rediscounts, Open ...

National Bank of Commerce in New York - Acceptances - 1917 - 72 pages
...goods* in one or more of the steps of the process of production, manufacture or distribution; and not for permanent or fixed investments of any kind, such as land, buildings or machinery. * "Goods" is construed to include goods, wares, merchandise, or agricultural products, including live...
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Commercial Banking Practice Under the Federal Reserve Act: The Law and ...

National Bank of Commerce in New York - Acceptances - 1918 - 148 pages
...Government of the United States; and must not be a bill the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings, or machinery, or for investments of a merely speculative character. (Regulations of Federal Reserve Board, Regulation B,...
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Acceptance Primer

Foreign Trade Banking Corporation, New York - Acceptances - 1918 - 36 pages
...Government of the United States. "Must not be a bill, the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings, or machinery, or for investments of a merely speculative character. "Must have been accepted by the drawee prior to purchase...
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Commercial Banking Practice Under the Federal Reserve Act: The Law and ...

National Bank of Commerce in New York - Acceptances - 1918 - 140 pages
...It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings, or machinery; (c) It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to...
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