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" Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days... "
Instructions of the Comptroller of the Currency Relative to the Organization ... - Page 129
by United States. Office of the Comptroller of the Currency - 1919 - 145 pages
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Miscellaneous Series, Issues 82-87

United States - 1919 - 1222 pages
...not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - Banks and banking - 1911 - 576 pages
...United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days : Provided, That notes, drafts, and bills drawn or issued for agricultural purposes or...
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Gateway, Volumes 21-22

1913 - 492 pages
...United States. Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days; provided, that notes, drafts and bill's drawn or issued for agricultural purposes or based...
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Journal of the Institute of Bankers, Volume 35

Institute of Bankers (Great Britain) - Banks and banking - 1914 - 768 pages
...reserve bank may discount acceptances which are based on the importation or exportation of goods, and which have a maturity at the time of discount of not more than three months, and endorsed by at least one member bank. The amount of acceptances so discounted shall at no time...
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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
...member bank or of any national bank which are based on the importation or exportation of goods and which have a maturity at the time of discount of not more than six months sjght to run, provided that such bills for any such bank shall not at any time aggregate...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - Banks and banking - 1914 - 128 pages
...not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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The Americas, Volume 1

Commerce - 1914 - 664 pages
...which can be used only in financing foreign trade. The Act referred to reads, in part, as follows : Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods, having not more...
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Banking Law of New York: Chapter 2 of Consolidated Laws, Chapter 369, Laws ...

George Wilson Morgan, Amasa Junius Parker - Banking law - 1914 - 562 pages
...broader than the acceptance provisions of the federal reserve act, which reads as follows (section 13) : "Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - Banks and banking - 1914 - 448 pages
...Section 13 of the Federal Reserve Act, defining the powers of the reserve banks, provides, in part, that "Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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Journal, Volumes 2-3

Texas. Legislature. Senate - Legislative journals - 1914 - 484 pages
...member bank or of any national bank which are based on the importation or exportation of goods and which have a maturity at the time of discount of not more than six months sight to run, provided that such bills for any such bank shall not nt any time aggregate...
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