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" Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of... "
The Code of Federal Regulations of the United States of America - Page 157
1969
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Yearbook of agriculture. 1914

1915 - 808 pages
...facilities to the rural districts. It was specifically provided that a Federal reserve bank might "discount notes, drafts, and bills of exchange arising out of...been used or are to be used for such purposes." The Federal Reserve Board was given the right to define the character of paper thus eligible for discount....
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - Banks and banking - 1911 - 576 pages
...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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Gateway, Volumes 21-22

1913 - 492 pages
...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts and bills of exchange arising out of...been used, or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine, or define the character of the paper thus eligible...
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Banking and Currency: Hearings Before the Committee on Banking ..., Parts 13-24

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 1142 pages
...may discount notes and bills of exchange arising out of the commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used or may be used for such purposes; tlie Federal reserve board to have the right to determine or define...
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Banking and Currency: Hearings Before the Committee on Banking and ..., Part 1

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 988 pages
...bank may discount notes and bills of exchange arising out of a commercial transaction; that is, notes and bills of exchange issued or drawn for agricultural,...purposes, or the proceeds of which have been used, or may be used, for such purposes. That is not commercial paper at all. according to any known rule of...
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Journal of the House of Representatives ... of the ... Legislature, Volume 33

Texas. Legislature. House, Texas. Legislature. House of Representatives - Law - 1914 - 580 pages
...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts and bills of exchange arising out of...been used, or are to be used, for such purposes, the Föderal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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The Quarterly Journal of Economics, Volume 28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - Economics - 1914 - 840 pages
...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of...been used or are to be used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper....
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The Quarterly Journal of Economics, Volume 28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - Economics - 1914 - 858 pages
...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of...been used or are to be used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and character of eligible paper....
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Banking: Part I: Banking Principles

Banks and banking - 1914 - 600 pages
...banks, with a waiver of demand, notice and protest by such bank, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of...used, or are to be used, for such purposes — the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible...
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