Home Loan Bank Bill: Hearings... on H.R. 12280 |
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Common terms and phrases
able advances amount application approval authorized BANKHEAD become bill bonds building and loan capital stock cent centum CHAIRMAN committee companies condition Congress course debentures deposits difference directors district eligible established examiners exceed expenses farmers favor Federal home loan Federal home-loan bank Federal reserve function funds gentlemen give going Government hearings held home loan bank home mortgage House institutions interest invested issued land bank laws legislation less liquidation loan associations LUCE means measure necessary nonmember borrower O'CONNOR objections obligations officer organization paid passed payment period prescribe President principal proponents PURNELL question reason received Reconstruction Finance Corporation regulations REILLY relieve REPRESENTATIVE require respect rules savings Secretary Senate situation statement subscribed term thereof tion Treasury true United various WILLIAMS
Popular passages
Page 8 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 8 - All notes, bonds, debentures, or other such obligations issued by the Corporation shall be exempt, both as to principal and interest, from all taxation...
Page 10 - Whoever makes any statement knowing it to be false or whoever willfully overvalues any security for the purpose of obtaining for himself or for any applicant any loan or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release or substitution of security therefor, or for the purpose of influencing in any way...
Page 9 - States and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 9 - Any member appointed to fill a vacancy in the board occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term.
Page 10 - Issued or purporting to have been issued by the corporation, or (4) passes, utters or publishes, or attempts to pass, utter or publish, as true any falsely altered or spurious...
Page 10 - Corporation, or, without being duly authorized, draws any order or issues, puts forth, or assigns any note, debenture, bond, or other obligation, or draft, bill of exchange, mortgage, judgment, or decree thereof...
Page 10 - Said examiners shall be subject to the same requirements, responsibilities and penalties as are applicable to National bank examiners under the National Bank Act, the Federal Reserve Act and other provisions of law.
Page 11 - The engraved plates, dies, bed pieces, and other material executed in connection therewith shall remain in the custody of the Secretary of the Treasury. The...
Page 10 - ... (c) Whoever, being connected in any capacity with the corporation, (1) embezzles, abstracts, purloins, or willfully misapplies any moneys, funds, securities, or other things of value, whether belonging to...
Bibliographic information
| Title | Home Loan Bank Bill: Hearings... on H.R. 12280 |
| Author | United States. Congress. House. Committee on Rules |
| Published | 1932 |
| Length | 45 pages |
| Export Citation | BiBTeX EndNote RefMan |