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" That every Federal land bank, and every joint stock land bank, shall semi-annually carry to reserve account twenty-five per centum of its net earnings until said reserve account shall show a credit balance equal to twenty per centum of the outstanding... "
Creation of a System of Federal Home Loan Banks: Hearings Before a ... - Page 8
by United States. Congress. Senate. Committee on Banking and Currency - 1932 - 703 pages
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The Federal Farm Loan System, New Method of Farm Mortgage Finance, Under ...

Herbert Myrick - Agricultural credit - 1916 - 248 pages
...land bank, and every joint stock land bank, shall semi-annually carry to reserve account twenty-five per centum of its net earnings until said reserve account shall show a credit balance equal to twenty per centum of the outstanding capital stock of said land bank. Whenever said reserve shall have...
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The Federal Farm Loan Act

United States - Agricultural credit - 1916 - 32 pages
...land bank, and every joint stock land bank, shall semiannually carry to reserve account twenty-five per centum of its net earnings until said reserve account shall show a credit balance equal to twenty per centum of the outstanding capital stock of said land bank. Whenever said reserve shall have...
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Metric System in Export Trade: Report to the International High Commission ...

United States. National Bureau of Standards, Samuel Wesley Stratton - Metric system - 1916 - 110 pages
...reserve account a sum not less than two per centum of its capital or than twenty-five per centum of such net earnings until said reserve account shall show a credit balance equal to twenty per centum of tho outstanding capital stock of said association. Whenever said reserve shall...
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United States Congressional Serial Set, Issue 6904

United States - 1916 - 1304 pages
...land bank, and every joint stock land bank, shall semlnnnually carry to reserve account twenty-five per centum of its net earnings until said reserve account shall show an aggregate balance equal to twenty per centum of the outstanding capital stock of said land bank....
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Congressional Serial Set, Issue 7092

United States - Agricultural credit - 1916 - 60 pages
...bank semiannuaiiy re- bank, shall semiannually carry to reserve account twenty-five per muTVsnTwiuaT'w centum of its net earnings until said reserve account shall show a Btockis Mramuiatcdtal crecut balance equal to twenty per centum of the outstanding capital B ifio':forvoisimpaired,...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - Finance, Public - 1917 - 714 pages
...land bank, and every joint stock land bank, shall semiannually carry to reserve account twenty-five per centum of its net earnings until said reserve account shall show a credit balance equal to twenty per centum of the outstanding capital stock of said land bank. Whenever said reserve shall have...
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Money and Banking

John Thom Holdsworth - Banks and banking - 1917 - 542 pages
...land bank, and every joint stock land bank, shall semiannually carry to reserve account twenty-five per centum of its net earnings until said reserve account shall show a credit balance equal to twenty per centum of the outstanding capital stock of said land bank. Whenever said reserve shall have...
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Money and Banking

John Thom Holdsworth - Banks and banking - 1917 - 538 pages
...land bank, and every joint stock land bank, shall semiannually carry to reserve account twenty-five per centum of its net earnings until said reserve account shall show a credit balance equal to twenty per centum of the outstanding capital stock of said land bank. Whenever said reserve shall have...
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - Agricultural credit - 1917 - 452 pages
...and every joint stock land bank, shall semi-annually carry to reserve account twenty-five per cent. of its net earnings until said reserve account shall show a credit balance equal to twenty per cent. of the outstanding capital stock of said land bank. Whenever said reserve shall have...
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Money and Banking

John Thom Holdsworth - Banks and banking - 1917 - 542 pages
...its net earnings, semiannual ly carry to reserve account a sura not less than ten per centum of such net earnings until said reserve account shall show a credit balance equal to twenty per centum of the outstanding capital stock of said association. Whenever said reserve shall...
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