 | Texas. Legislature. Senate - Legislative journals - 1914 - 484 pages
...State banks which become members of a Federal reserve bank to discount to such Federal reserve bank notes, drafts, and bills of exchange arising out of actual commercial transactions and defining the terms of such discount; prescribing that the lien and rights obtained by a Federal... | |
 | Francis Joseph Reynolds - Business - 1914 - 420 pages
...any of its member banks, with a waiver of demand, notice or protest by such bank, any Federal Reserve Bank may discount notes, drafts and bills of exchange arising out of the actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn for... | |
 | Economics - 1914 - 684 pages
...Federal Reserve Banks will be the rediscounting of commercial paper for member banks. This paper may be "notes, drafts, and bills of exchange arising out of actual commercial transactions," or "acceptances which are based on the importation or exportation of goods." The maturity of the paper... | |
 | John Thom Holdsworth - Banks and banking - 1914 - 464 pages
...reserve banks. The Act of 1913 provides that Federal reserve banks may discount for member banks, . notes, drafts and bills of exchange arising out of actual commercial transactions and having at the time of discount a maturity of not more than ninety days. The Act specifically excludes... | |
 | Clarence Walker Barron - Banking law - 1914 - 232 pages
...amended to make the eligible paper for instalment payments that likewise described in Section 13 as "notes, drafts, and bills of exchange, arising out of actual commercial transactions" or "drawn for agricultural, industrial or commercial purposes," "the Federal Reserve Board to have... | |
 | Washingto: Goverment Printing Office - 1914 - 394 pages
...banking 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 actual commercial transactions—that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial,... | |
 | Alonzo Barton Hepburn - Coinage - 1915 - 580 pages
...of its member banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange...purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define... | |
 | Alonzo Barton Hepburn - Banking law - 1915 - 582 pages
...of its member banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange...purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define.... | |
 | United States. Congress. House. Committee on Banking and Currency - Agricultural credit - 1915 - 92 pages
...of its member banks, with a waiver of demand notice, and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange...purposes, or the proceeds of which have been used or are to he used, for such purposes, the Federal Reserve Board to have the right to determine or define... | |
 | Agriculture - 1915 - 816 pages
...banking facilities to the rural districts. It was specifically provided that a Federal reserve bank might "discount notes, drafts, and bills of exchange arising...purposes, or the proceeds of which have been used or are to be used for such purposes." The Federal Reserve Board was given the right to define the character... | |
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Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal reserve bank may discount notes, drafts, and bills of exchange! arising out of... 
