 | United States. Congress. House. Committee on Banking and Currency - Banks and banking - 1924 - 270 pages
...such capital uml surplus in addition to such 10 per centum < if such capital and surplus; except that obligations of the United States or general obligations...any State or of any political subdivision thereof shall not be subject nnder this section t<i any limitation bused on such capital and surplus." SEC.... | |
 | Banks and banking - 1925 - 1024 pages
...such capital and surplus in addition to such 10 per centum of such capital and surplus; except that obligations of the United States or general obligations...issued under authority of the Federal farm loan act, shall not be subject under this section to any limitation based on such capital and surplus: Provided,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1925 - 130 pages
...institutions, or any national banking institution, to purchase without limit obligations of the United States, general obligations of any State or of any political subdivision thereof, or obligations issued under the authority of the Federal farm loan act. As a practical matter under our present system and practice... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Bank mergers - 1926 - 384 pages
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...farm loan act: And provided further, That in carrying OH the business commonly known as the safe-deposit business no such association shall invest in the... | |
 | John Martin Chapman, Ray Bert Westerfield - Banks and banking - 1927 - 798 pages
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...authority of the Federal Farm Loan Act : And provided furtlicr, That in carrying on the business commonly known as the safedeposit business no such association... | |
 | Economics - 1927 - 820 pages
...the bank's capital and surplus. An exception is made of obligations of the United States or the legal obligations of any state or of any political subdivision...issued under authority of the Federal Farm Loan act. The power to buy and sell stocks is not granted, since those are not "evidences of debt." It has been... | |
 | Robert Gordon Rodkey - Banks and banking - 1928 - 382 pages
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...in carrying on the business commonly known as the safe deposit business no such association shall invest in the capital stock of a corporation organized... | |
 | Robert Gordon Rodkey - Banks and banking - 1928 - 384 pages
...such association actually paid in and unimpaired and 25 per centum of the unimpaired surplus fund, but this limitation as to total amount shall not apply...issued under authority of the Federal Farm Loan Act." a. The "Marketable" Reqoirement Since stocks are not evidences of indebtedness banks were not permitted... | |
 | Robert Gordon Rodkey - Banks and banking - 1928 - 378 pages
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...thereof, or obligations issued under authority of the Feder?J Farm Loan Act: And provided further, That in carrying on the business commonly known as the... | |
 | Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1928 - 774 pages
...such association actually paid in and unimpaired and 25 per centum of its unimpaired surplus fund, but this limitation as to total amount shall not apply...State or of any political subdivision thereof, or "Uigations issued under authority of the Federal Farm Loan Act: And provided further, That in carrying... | |
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The limitations and restrictions herein contained as to dealing in, underwriting and purchasing for its own account, investment securities shall not apply to obligations of the United States, or general obligations of any State or of any political subdivision... 
