Promotion of United States Exports: Hearing Before Subcommittee No.3 of ... , 87-1 on H.R. 8381 ... H.R. 7102 and H.R. 7103 ... , August 30, 1961, Volume 11961 - 156 pages |
From inside the book
Results 1-5 of 12
Page 5
... preferred stock of the Corporation having a par value equal to the amount by which the common stock subscribed for shall be less than $ 5,000,000 and / or the capital paid in shall be less than $ 2,500,000 ( as the case may be ) , such ...
... preferred stock of the Corporation having a par value equal to the amount by which the common stock subscribed for shall be less than $ 5,000,000 and / or the capital paid in shall be less than $ 2,500,000 ( as the case may be ) , such ...
Page 6
... preferred stock outstanding equals more than 50 per centum of the total outstanding capital stock of the Corporation ; ( 2 ) that no dividends shall be paid on the common stock at a rate higher than that paid on the preferred stock in ...
... preferred stock outstanding equals more than 50 per centum of the total outstanding capital stock of the Corporation ; ( 2 ) that no dividends shall be paid on the common stock at a rate higher than that paid on the preferred stock in ...
Page 7
... PREFERRED STOCK SEC . 10. ( a ) The preferred stock of the Corporation shall be divided into shares of $ 100 par value , shall be non - voting , and shall be redeemable in the manner hereinafter provided at the option of the Corporation ...
... PREFERRED STOCK SEC . 10. ( a ) The preferred stock of the Corporation shall be divided into shares of $ 100 par value , shall be non - voting , and shall be redeemable in the manner hereinafter provided at the option of the Corporation ...
Page 10
... preferred stock , pay annually Federal income taxes , in the manner prescribed under applicable law for the taxation of stock casualty insurance companies , with respect to its commercial credit risk guaranty operations and income from ...
... preferred stock , pay annually Federal income taxes , in the manner prescribed under applicable law for the taxation of stock casualty insurance companies , with respect to its commercial credit risk guaranty operations and income from ...
Page 12
... preferred shareholder of the Corporation , be entitled to all of the political risk reserve in excess of the Corporation's obligations . PROTECTION OF NAME SEC . 19. No individual , association , partnership , or corporation except the ...
... preferred shareholder of the Corporation , be entitled to all of the political risk reserve in excess of the Corporation's obligations . PROTECTION OF NAME SEC . 19. No individual , association , partnership , or corporation except the ...
Common terms and phrases
agency amended American Export Credits amount authority Bank of Washington bill Board of Directors buyer buyer's country Chairman claims coinsurance commercial credit risk commercial insurance commercial risks common stock Congress CORP Corporation's cover Credits Guaranty Corporation currency DERWINSKI eligible Eximbank export credit guarantee export credit insurance export trade Export-Import Bank financial institutions financing FINNEGAN FRANCIS X Government Director Guarantee Agreement guaranty contract hereunder income insurance companies involved issued legislation liability limited LINDER medium-term ment million MULTER National Coordinating Committee notice operation organization outstanding payment percent political risk losses political risk premiums political risk reserve preferred stock Private Directors proposed Puerto Rico reinsurance SCAFURO Secretary Senate shares shipments specific stockholders subscribed sumer thereof tion transactions transfer Treas U.S. exporters underwriting UNITED KINGDOM United States dollars VANIK Vice Pres WIDNALL YORK
Popular passages
Page 18 - If any provision of this Act, or the application of such provision to any person or circumstance, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
Page 3 - ... income, shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority, except that any real property of the Corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other real property is taxed.
Page 14 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the bank.
Page 46 - Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
Page 2 - 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, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 45 - ... for the benefit of citizens of the United States, including corporations, partnerships, and associations organized and existing under the laws of the United States...
Page 27 - I am directing the President of the Export-Import Bank, by April 1, to prepare and submit to the Secretary of the Treasury, as Chairman of the National Advisory Council on International Monetary and Financial Problems, a new program under the Export-Import Bank to place our exporters on a basis of full equality with their competitors in other countries.
Page 21 - ... in such amounts as may be specified from time to time in appropriation acts...
Page 22 - Secretary, but not exceeding $100 per day, including travel time, and while so serving away from their homes or regular places of business they may be allowed travel expenses, including per diem in lieu of subsistence, as authorized by section 5 of the Administrative Expenses Act of 1946 (5 USC 73b-2) for persons in the Government service employed intermittently.