Creation of a System of Federal Home Loan Banks: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States, Senate, Seventy-second Congress, First Session, on S. 2959, a Bill to Create Federal Home Loan Banks, to Provide for the Supervisiion Thereof and for Other Purposes...U.S. Government Printing Office, 1932 - Federal home loan banks |
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Page 2
... period of four months . ( e ) If the law of the State under which an institution described in section 4 operates does not permit such institution to subscribe for stock in the Federal home loan bank , the board may permit such ...
... period of four months . ( e ) If the law of the State under which an institution described in section 4 operates does not permit such institution to subscribe for stock in the Federal home loan bank , the board may permit such ...
Page 4
... period is the shorter . ( h ) Each bank may pay its directors reasonable compensation for the time required of them , and their necessary expenses , in the performance of their duties , in accordance with the resolutions adopted by such ...
... period is the shorter . ( h ) Each bank may pay its directors reasonable compensation for the time required of them , and their necessary expenses , in the performance of their duties , in accordance with the resolutions adopted by such ...
Page 19
... period of time that its capital is still put up . Mr. O'BRIEN . That is quite true . No dividends are to be paid to the United States . Senator COUZENS . In other words , the Government furnishes the capital without any compensation for ...
... period of time that its capital is still put up . Mr. O'BRIEN . That is quite true . No dividends are to be paid to the United States . Senator COUZENS . In other words , the Government furnishes the capital without any compensation for ...
Page 22
... period of a year ; but it is provided that he shall have paid not less than one- fourth more at the end of each succeeding period of four months . Senator WATSON . Please state that again . Mr. O'BRIEN . There are several elections to ...
... period of a year ; but it is provided that he shall have paid not less than one- fourth more at the end of each succeeding period of four months . Senator WATSON . Please state that again . Mr. O'BRIEN . There are several elections to ...
Page 28
... period is the shorter . That is , when the stock subscriptions of the members are reduced . below $ 1,000,000 , whenever an election comes up , or whenever a vacancy is to come up , the board , on behalf of the United States , appoints ...
... period is the shorter . That is , when the stock subscriptions of the members are reduced . below $ 1,000,000 , whenever an election comes up , or whenever a vacancy is to come up , the board , on behalf of the United States , appoints ...
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Common terms and phrases
50 per cent amortized amount appraised assets Association of Real bankers bill BODFISH bonds borrow BRADWAY building and loan building associations capital CLARK collateral committee Corporation demand deposits DEVINE directors discount banks district Federal home loan Federal reserve bank Federal reserve system financing foreclosed foreclosures FRIEDLANDER funds going Government home loan bank home mortgage home owner home ownership institutions insurance companies investment January 25 KARR KISSELL land bank liquid loan associations LOFGREN MONKS mortgage companies mortgage loans MYLANDER National O'BRIEN OAKMAN Ohio paid payments present question Real Estate Boards real-estate Reconstruction Finance Corporation rediscount ROBINSON savings banks SCHMIDT second mortgage Senator BULKLEY Senator COUZENS Senator MORRISON Senator TOWNSEND Senator WATSON situation statement subscribe subsection thing TIBBETTS tion to-day trust companies United unpaid principal Willard Hotel