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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... "
Organized Banking - Страница 330
написао/ла Eugene Ewald Agger - 1918 - 385 страница
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American Legal News, Том 31

1920 - 584 страница
...interest. The law authorizes the federal reserve banks upon the endorsement of any of its member banks, to discount notes, drafts and bills of exchange arising out of actual commercial transactions, having a maturity of not more than ninety days, except notes secured by staple agricultural products...
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Readings in Civil Government

Percy Lewis Kaye - 1910 - 594 страница
...re-discounting. With the indorsement of a member bank, the federal reserve bank may discount for such member bank notes, drafts, and bills of exchange arising out of actual commercial transactions. The federal reserve board determines in general the character of such paper. But the statute provides...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 страница
...their own member banks, and from the United States, and from each other, but not from individuals. They may discount notes, drafts, and bills of exchange arising out of actual commercial transactions and indorsed by any member banks in their own districts, and maturing in not more than ninety days...
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Journal of the Institute of Bankers, Том 35

Institute of Bankers (Great Britain) - 1914 - 768 страница
...upon solvent member banks payable upon presentation. Upon the endorsement of any of its member banks any Federal reserve bank may discount notes, drafts...exchange arising out of actual commercial transactions, or the proceeds of which have been used, or are to he used for such purposes, the Federal Reserve Board...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 128 страница
...the indorsement of any 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 arising out of actual commericial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural,...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 страница
...the indorsement of any 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 arising out of actual commericial transactions ; that is, notes, drafts, and bills of exchange issued or drawn for agricultural,...
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The American Business Manual, Including Organization, Manufacturing ..., Том 1

Francis Joseph Reynolds - 1914 - 420 страница
...the indorsement of 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...
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The Economic Journal: The Quarterly Journal of the Royal Economic ..., Том 24

1914 - 710 страница
...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...
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Journal of the House of Representatives ... of the ... Legislature, Том 33

Texas. Legislature. House, Texas. Legislature. House of Representatives - 1914 - 580 страница
...becoming a member of a Federal reserve bank shall have the right to discount to a Federal reserve bank, notes, drafts, and bills of exchange arising out of actual commercial transactions and to endorse the same with a waiver of demand, notice and protest and to do any other thing necessary...
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Journal, Томови 2-3

Texas. Legislature. Senate - 1914 - 484 страница
...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...
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