Financing Small Business, Hearings Before a Subcommittee of ..., 85-2 OnS.2160, S.2185, S.2286 ..., April 21 ... May 2, 1958 |
From inside the book
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Page 2
... established . I think our major philosophic problem is to determine whether it is an appropriate function of the Federal Government to initiate the establishment of such institutions , and I will be very much interested in the views of ...
... established . I think our major philosophic problem is to determine whether it is an appropriate function of the Federal Government to initiate the establishment of such institutions , and I will be very much interested in the views of ...
Page 4
... establish branch offices or agencies subject to the approval of the Board ; ( 8 ) to acquire , hold , operate , and ... established . ( e ) The board of directors of each national investment company shall con- sist of nine members all ...
... establish branch offices or agencies subject to the approval of the Board ; ( 8 ) to acquire , hold , operate , and ... established . ( e ) The board of directors of each national investment company shall con- sist of nine members all ...
Page 6
... establish and maintain a reserve subject to the limi- tations provided in this subsection . " ( 2 ) LIMITATION ON RESERVE . - The amount of the reserve shall not at any time exceed the lesser of- " ( A ) 50 percent of the invested ...
... establish and maintain a reserve subject to the limi- tations provided in this subsection . " ( 2 ) LIMITATION ON RESERVE . - The amount of the reserve shall not at any time exceed the lesser of- " ( A ) 50 percent of the invested ...
Page 7
... established under this Act , includ- ing its franchise , capital , reserves , and surplus , its income , its real property , its tangible and intangible personal property , its obligations ( both as in prin- cipal and income derived ...
... established under this Act , includ- ing its franchise , capital , reserves , and surplus , its income , its real property , its tangible and intangible personal property , its obligations ( both as in prin- cipal and income derived ...
Page 12
... established by section 201 ; ( 2 ) the term " bank " means a small business capital bank established under section 301 ; ( 3 ) the term " association " means a small business investment association organized as provided in section 401 ...
... established by section 201 ; ( 2 ) the term " bank " means a small business capital bank established under section 301 ; ( 3 ) the term " association " means a small business investment association organized as provided in section 401 ...
Common terms and phrases
agency amended amount assets authorized bankers BARNES believe bill Board borrowing business capital bank business concerns Business Investment Administration business investment association business investment company capital and surplus Chairman Congress convertible debentures DAVIS debt development corporations development credit corporations directors economic enterprises equity capital exemption Federal Government Federal Reserve Act Federal Reserve banks Federal Reserve System financing firms FLORA function funds going industry interest investment banking Investment Company Act investors legislation lending limited long-term loans MARTIN MCCORMICK ment million MUELLER national investment company operations organization percent preferred stock problem question regulation ROBBINS Senator BUSH Senator CAPEHART Senator CLARK Senator FULBRIGHT Senator PROXMIRE Senator ROBERTSON Senator SPARKMAN Small Business Act Small Business Administration small business capital small business investment small-business concerns statement subcommittee testimony thing tion Treasury WEISSMAN
Popular passages
Page 47 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 16 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on personal security...
Page 29 - Whenever in the judgment of the Commission any person has engaged or is about to engage in any acts or practices which constitute or will constitute a violation...
Page 10 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 26 - Administrator that such person has engaged or is about to engage in any such acts or practices a permanent or temporary injunction, restraining order, or other order shall be granted without bond...
Page 137 - US 65 (1959) held that variable annuity contracts come within the provisions of the Securities Act of 1933 and the Investment Company Act of 1940.
Page 34 - General for suit or collection; (3) Deal with, complete, renovate, improve, modernize, insure, or rent, or sell for cash or credit upon such terms and conditions and for such consideration as the Administrator shall determine to be reasonable, any real property conveyed to or otherwise acquired by him in connection with the payment of loans...
Page 40 - ... upon a showing by the President that such person has engaged or is about to engage in any such acts or practices a permanent or temporary injunction, restraining order, or other order shall be granted without bond.
Page 21 - Provided further, That nothing in this Act or in any other provision of law...
Page 41 - A majority of the directors, after executing the articles of association and the organization certificate, shall have power to execute all other papers and to do whatever may be required to make its organization perfect and complete as a national association.