Trust Indentures. Hearings Before a Subcommittee ... on H.R. 10292 ... April 25, 1938 |
From inside the book
Results 1-5 of 25
Page 20
... question . Mr. BOREN . Then he is in a sense a commission merchant ? Commissioner DOUGLAS . He is a merchant ; yes . Mr. BOREN . Well , do you not think that the term " commission merchant " fits him in that he draws a commission on the ...
... question . Mr. BOREN . Then he is in a sense a commission merchant ? Commissioner DOUGLAS . He is a merchant ; yes . Mr. BOREN . Well , do you not think that the term " commission merchant " fits him in that he draws a commission on the ...
Page 24
... question as to the power of the Congress to deal adequately with securities flowing in interstate commerce . Under the Public Utility Holding Company Act of 1935 , the Congress gave the Commission the power to pass upon securities being ...
... question as to the power of the Congress to deal adequately with securities flowing in interstate commerce . Under the Public Utility Holding Company Act of 1935 , the Congress gave the Commission the power to pass upon securities being ...
Page 25
... question of interference with private contracts , there is no no question in my mind but that it does interfere , to that extent , and there is no question in my mind but that it is constitutional so to interfere , and necessary in the ...
... question of interference with private contracts , there is no no question in my mind but that it does interfere , to that extent , and there is no question in my mind but that it is constitutional so to interfere , and necessary in the ...
Page 30
... question of dealing with the top , the cream of the profession , again we would not be here today ; but as I say , we have in the trust indenture field as in almost any other field , variations in efficiency and integrity . The types of ...
... question of dealing with the top , the cream of the profession , again we would not be here today ; but as I say , we have in the trust indenture field as in almost any other field , variations in efficiency and integrity . The types of ...
Page 36
... security holders . The only questions are , first , what is a conflict ; second , what should be the method of treatment . There are several possible methods of treat- ment . In the interest of uniformity and ease of 36 TRUST INDENTURES.
... security holders . The only questions are , first , what is a conflict ; second , what should be the method of treatment . There are several possible methods of treat- ment . In the interest of uniformity and ease of 36 TRUST INDENTURES.
Common terms and phrases
act as trustee action AMBERG amendment American Bankers Association application bankruptcy Barkley bill bondholders bonds BOREN borrower capital markets centum certificates of interest Chairman clause collateral Commissioner DOUGLAS committee conflicting interest Congress contain provisions contract corporate trustee creditor debentures disclosure due regard duties effect EICHER enforcement Exchange Commission exempted Federal Reserve System filed HAUSSERMANN HELFFRICH inden indenture security holders indenture trustee interest of investors interest or participation investment banker issuer legislation liability mortgage negative pledge negligence NORTHERN TRUST Co obligation obligor paragraph person practical proposed prospective trustee protection of investors public interest pursuant qualified shall contain RALPH CRANE reason registration statement release and substitution respect rules and regulations Securities Act Securities and Exchange securities issued Senate situation standards statute thereof thereunder tion trust indentures trust institutions Trustees Under Indentures ture underwriter voting securities
Popular passages
Page 17 - If any provision of this Act or the application of such provision to any person or circumstance shall be held invalid, the remainder of the Act and 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 6 - If it appears to the Commission at any time that the registration statement includes any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading...
Page 14 - System, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.
Page 6 - The Information contained In or filed with any registration statement shall be made available to the public under such regulations as the Commission may prescribe...
Page 15 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 3 - underwriter" means any person who has purchased from an issuer with a view to, or offers or sells for an issuer in connection with, the distribution of any security, or participates or has a direct or indirect participation in any such undertaking, or participates or has a participation in the direct or indirect underwriting of any such undertaking...
Page 6 - ... shall not be deemed to have taken place unless it is accompanied by a United States postal money order or a certified bank check or cash for the amount of the fee required under subsection (b).
Page 16 - ... (b) The rights and remedies provided by this Act shall be in addition to any and all other rights and remedies that may exist under the Securities Act of 1933, or the Securities Exchange Act of 1934, or the Public Utility Holding Company Act of 1935...
Page 5 - ... (2) to carry or cause to be carried through the mails or in interstate commerce, by any means or instruments of transportation, any such security for the purpose of sale or for delivery after sale.
Page 15 - Commission deems relevant or material to the inquiry. Such attendance of witnesses and the production of any such records may be required from any place in the United States or any State at any designated place of hearing.