Congressional Serial Set, Issue 7092Reports, Documents, and Journals of the U.S. Senate and House of Representatives. |
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Page 8
... deposit of United States bonds or otherwise , for the safekeeping and prompt payment of the public money deposited with them , and for the faith- ful performance of their duties as financial agents of the Government . No public deposits ...
... deposit of United States bonds or otherwise , for the safekeeping and prompt payment of the public money deposited with them , and for the faith- ful performance of their duties as financial agents of the Government . No public deposits ...
Page 9
... deposit as custodian of funds ; the same in such bank as the board of directors may designate , to loans ; meet all obliga- pay over to borrowers all sums received for their account from the tions under orders of Federal land bank upon ...
... deposit as custodian of funds ; the same in such bank as the board of directors may designate , to loans ; meet all obliga- pay over to borrowers all sums received for their account from the tions under orders of Federal land bank upon ...
Page 13
... deposits of current funds May issue certificates bearing interest for not longer than one year at not to exceed four per vertible into farm loan centum per annum after six days from date , convertible into farm loan bonds when presented ...
... deposits of current funds May issue certificates bearing interest for not longer than one year at not to exceed four per vertible into farm loan centum per annum after six days from date , convertible into farm loan bonds when presented ...
Page 15
... deposits of securities or of current funds from , May accept deposits national farm loan associations holding its shares , but to pay no ations . interest on such deposits . Seventh . To borrow money , to give security therefor , and to ...
... deposits of securities or of current funds from , May accept deposits national farm loan associations holding its shares , but to pay no ations . interest on such deposits . Seventh . To borrow money , to give security therefor , and to ...
Page 16
... deposits of current funds payable upon demand except from its own stockholders , or to transact any banking or other business not expressly authorized by the provisions of this Act . Second . To loan on first mortgage except through ...
... deposits of current funds payable upon demand except from its own stockholders , or to transact any banking or other business not expressly authorized by the provisions of this Act . Second . To loan on first mortgage except through ...
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Common terms and phrases
amortization amount application appointed approval asso authorized Banking and Currency board of directors borrower capital stock CARTER GLASS cent centum per annum charge charter ciation collateral security coupon coupon bonds Currency Committee debts default deposits discretion dividends elected employees exceed exceeding expenses falsely farm loan association Farm Loan Board Farm Loan Commissioner farm loan registrar Federal Farm Loan Federal land bank forthwith funds gages indorsed interest invested issue of farm joint stock land KNUTE NELSON land bank appraisers land bank district laws loan bonds issued loan committee ment mort mortgages and bonds mortgages on farm national farm loan organization certificate paid payable payment person prescribed President principal purchase receive require rules and regulations salaries Secretary secretary-treasurer section twelve semiannually Senator Hollis shareholder shares stock land bank subscribe subscription surety bonds thereof tion Treasury twenty per centum United States bonds vote
Popular passages
Page 26 - Any person who shall falsely make, forge, or counterfeit, or cause or procure to be falsely made, forged, or counterfeited, or willingly aid or assist in falsely making, forging, or counterfeiting any...
Page 3 - An Act to provide capital for agricultural development, to create standard forms of investment based upon farm mortgage, to equalize rates of interest upon farm loans, to furnish a market for United States bonds, to create Government depositaries and financial agents for the United States, and for other purposes.
Page 8 - Associations for carrying on the business of banking under this title may be formed by any number of natural persons, not less in any case than five. They shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with law, which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.
Page 6 - Fifth. To elect or appoint directors, and by its board of directors to appoint a president, vice-president, cashier, and other officers, define their duties, require bonds of them and fix the penalty thereof, dismiss such officers or any of them at pleasure, and appoint others to fill their places.
Page 23 - Act, shall be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from Federal, State, municipal, and local taxation.
Page 24 - ... the Comptroller of the Currency may forthwith appoint a receiver, and require of him such bond and security as he deems proper. Such receiver, under the direction of the Comptroller, shall take possession of the books...
Page 26 - Federal land bank, or a joint stock land bank, and other than a reasonable fee paid by such association or bank to any officer, director, attorney, or employee for services rendered, no officer, director, attorney, or employee of an association or bank organized under this Act shall be a beneficiary of or receive, directly or indirectly, any fee, commission, gift, or other consideration for or in connection with any transaction or business of such association or bank. No land bank or national...
Page 6 - The said organization certificate shall be acknowledged before a judge of some court of record or notary public ; and shall be, together with the acknowledgment thereof, authenticated by the seal of such court, or notary, transmitted to the Comptroller of the Currency, who shall file, record and carefully preserve the same in his office.
Page 26 - ... or shall pass, utter, or publish, or attempt to pass, utter, or publish as true, any falsely altered...
Page 27 - Corporation as to any other insured bank, or from the board of directors of such bank, except when ordered to do so by a court of competent jurisdiction, or by direction of the Congress of the United States, or either House thereof, or any committee of Congress or either House duly authorized, shall be fined not more than $5,000 or imprisoned not more than one year, or both.