RFC Act Amendments of 1951, Hearings Before ..., 82-1 on S. 514, S. 1116 ..., April 27, 30, May 1 ... 23, 19511951 - 444 pages |
From inside the book
Page 3
... without regard to the provi- sions of any other laws governing the expenditure of public funds , and such de- termination shall be final and conclusive upon all other officers of the Govern- ment . The Corporation shall be entitled to ...
... without regard to the provi- sions of any other laws governing the expenditure of public funds , and such de- termination shall be final and conclusive upon all other officers of the Govern- ment . The Corporation shall be entitled to ...
Page 143
... funds available to the President for other Government agencies to make disaster loans such ... without regard to provisions of law , regulating expenditure of Government ... any of this personnel . But I am not here to say that a majority of ...
... funds available to the President for other Government agencies to make disaster loans such ... without regard to provisions of law , regulating expenditure of Government ... any of this personnel . But I am not here to say that a majority of ...
Common terms and phrases
abacá activities Administration agency amended amount applications approved assets authorized AVERY Banking and Currency BERGE bill borrower business enterprises business loans CHAIRMAN collateral commercial banks committee companies Congress declined Defense Production Act ECCLES economic employees ERVIN existing Federal Reserve Act Federal Reserve banks Federal Reserve Board Federal Reserve System functions funds going Government guarantee HOOVER industry institutions investment June 30 Kaiser-Frazer lending liquidation manufacturers ment million mortgages obtain operations organized participation PATMAN percent preferred stock president proposed public interest purchase purpose question reason recommend Reconstruction Finance Corporation record responsibility RFC Act RFC loans RFC's Secretary securities Senator BENNETT Senator BENTON Senator BYRD Senator CAPEHART Senator DIRKSEN Senator DOUGLAS Senator FREAR Senator FULBRIGHT Senator KEM Senator O'MAHONEY Senator ROBERTSON Senator SCHOEPPEL small business statement TAIT term loans tion transferred Treasury
Popular passages
Page 7 - 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...
Page 13 - Whenever in the judgment of the Commission any person has engaged or is about to engage in any acts or practices which constitute or will constitute a violation of any provision of this Act, or any regulation or order issued thereunder, it may make application to the appropriate court for an order enjoining such acts or practices, or for an~ order enforcing compliance with such provision...
Page 145 - President may authorize, subject to such regulations as he may prescribe, the Department of the Army, the Department of the Navy, the Department of the Air Force, the Department of Commerce...
Page 311 - 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 ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent, according to its value, as other real property is taxed.
Page 8 - If any provision of this Act, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of this Act, or 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 103 - ... of such sound value or so secured as reasonably to assure retirement or repayment...
Page 319 - Act, as amended, is amended — ( 1 ) by striking out the period at the end of "paragraph (5) "and inserting in lieu thereof "; and"; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist...
Page 10 - 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 145 - ... any contractor, subcontractor, or other person in connection with the performance of any contract or other operation deemed by the guaranteeing agency to be necessary to expedite production and deliveries or services under Government contracts for the procurement of materials or the performance of services for the national defense...
Page 6 - Corporation, its franchise, loans and other assets, its capital stock, its surplus, its reserves, 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...