Study of Reconstruction Finance Corporation: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Eighty-first Congress, Second Session, on a Study of the Operations of the Reconstruction Finance Corporation Pursuant to S. Res. 219, Eighty-first Congress. Texmass Loan, April 13, 22 and 27, 1950, Volumes 22-23 |
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Results 1-5 of 29
Page 7
... of the meeting of the board of directors indicate that the resolution passed by a 2 - to - 1 vote , one director being absent and one present but not voting . Section 4 ( a ) ( 1 ) of the STUDY OF RECONSTRUCTION FINANCE CORPORATION 7.
... of the meeting of the board of directors indicate that the resolution passed by a 2 - to - 1 vote , one director being absent and one present but not voting . Section 4 ( a ) ( 1 ) of the STUDY OF RECONSTRUCTION FINANCE CORPORATION 7.
Page 25
... voting as well as how they voted ? Mr. HISE . They do . Senator FULBRIGHT . Your minutes on December 1 show that all five members were present , but that none voted in the negative and none refrained from voting . Does that mean that on ...
... voting as well as how they voted ? Mr. HISE . They do . Senator FULBRIGHT . Your minutes on December 1 show that all five members were present , but that none voted in the negative and none refrained from voting . Does that mean that on ...
Page 29
... the Board or by a majority of the executive com- mittee or may such action be taken by a majority of those present and voting ? 65383-50- -3 Mr. HISE . By a majority of those present and STUDY OF RECONSTRUCTION FINANCE CORPORATION 29.
... the Board or by a majority of the executive com- mittee or may such action be taken by a majority of those present and voting ? 65383-50- -3 Mr. HISE . By a majority of those present and STUDY OF RECONSTRUCTION FINANCE CORPORATION 29.
Page 30
... voting or by the- executive committee . Senator FULBRIGHT . Action can be taken by a majority of those present and voting ? Mr. HISE . That is right , as I understand it . Senator FULBRIGHT . Does it ever happen that two directors ...
... voting or by the- executive committee . Senator FULBRIGHT . Action can be taken by a majority of those present and voting ? Mr. HISE . That is right , as I understand it . Senator FULBRIGHT . Does it ever happen that two directors ...
Page 31
... voted in the affirmative ? Mr. HISE . That is right . Senator FULBRIGHT . Mr. Dunham voted in the affirmative and you did not vote ? Mr. HISE . That is right . Senator FULBRIGHT . Did the minutes contain any reason for your not voting ...
... voted in the affirmative ? Mr. HISE . That is right . Senator FULBRIGHT . Mr. Dunham voted in the affirmative and you did not vote ? Mr. HISE . That is right . Senator FULBRIGHT . Did the minutes contain any reason for your not voting ...
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Common terms and phrases
Accounts payable agency manager amount applicant company appraisal approved assets basis believe Board of Directors borrower capital cash cents a barrel CONGRESS THE LIBRARY CONSIDINE Cooperative Refinery Association correct cost creditors Dallas debentures Debit developed disbursement drilling DUNHAM equipment estimate examiner fair market value figures Garrett gas reserves geologist GLIDDEN GUNDERSON HISE income indebtedness Investors Group Keplinger leasehold leases letter liabilities LIBRARY OF CONGRESS loan value Midway Oils mortgages MURRELL National Cooperative Refinery Notes payable oil and gas oil reserves operating opinion paragraph participate percent petroleum engineer Petroleum Reserve Corp present proceeds production properties prospectus proven reason recommended Reconstruction Finance Corporation record rehabilitation repayment Republic Steel Corp requested RESS review committee RFC loan RONAN schedule Senator DOUGLAS Senator FULBRIGHT September 15 statement subcommittee Swiss Oil Texas Texmass loan Texmass Petroleum Texmass Petroleum Co tion Total undeveloped reserves voting Washington examiner White
Popular passages
Page 112 - ... of such sound value or so secured as reasonably to assure retirement or repayment, and such loans may be made either directly or in cooperation with banks or other lending institutions through agreements to participate or by the purchase of participations or otherwise.
Page 6 - ... wholly owned Government corporations by the Government Corporation Control Act, as amended; (2) maintain an integral set of accounts which shall be audited annually by the General Accounting Office in accordance with the principles and procedures applicable to commercial transactions as provided by the Government Corporation Control Act, as amended...
Page 7 - Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may be prescribed by the Comptroller General of the United States. The audit shall be conducted at the place or places where accounts of the Corporation are normally kept.
Page 66 - Senate and House of Representatives and to all other public officials concerned with the Forks Site project. Adopted this 19th day of April 1966.
Page 7 - The report shall set forth the scope of the audit and shall include a statement (showing intercorporate relations) of assets and liabilities, capital and surplus or deficit ; a statement of surplus or deficit analysis; a statement of income and expense; a...
Page 18 - At this point I would like to offer for the record a letter...
Page 7 - The audit shall be conducted at the place or places where the accounts of the respective corporations are normally kept. The representatives of the General Accounting Office shall have access to all books, accounts, financial records, reports, files, and all other papers, things, or property belonging to or in use by the respective corporations and necessary to facilitate the audit, and they shall be afforded full facilities for verifying transactions with the balances or securities held by depositaries,...