Activities and Organization of Lending Agencies of the Government, Volume 4 |
From inside the book
Results 1-5 of 20
Page 13
... transferred the stockholdings from the HOLC to the Treasury provided for a settlement of the dividend accumulation , but the settlement did not include an appropriate charge against the operations of the insurance company . Accordingly ...
... transferred the stockholdings from the HOLC to the Treasury provided for a settlement of the dividend accumulation , but the settlement did not include an appropriate charge against the operations of the insurance company . Accordingly ...
Page 15
... transferred to the Treasury Department in consideration for the note cancellations . The principal fault under discussion is a procedural fault . However , it is characteristic of such loose financing methods that they lend themselves ...
... transferred to the Treasury Department in consideration for the note cancellations . The principal fault under discussion is a procedural fault . However , it is characteristic of such loose financing methods that they lend themselves ...
Page 21
... transferred to the Treasury Department for liquidation as they would have been had the provisions of the corporate charter been permitted to take effect at June 30 , 1948 . Reconstruction Finance Corporation performed a useful and neces ...
... transferred to the Treasury Department for liquidation as they would have been had the provisions of the corporate charter been permitted to take effect at June 30 , 1948 . Reconstruction Finance Corporation performed a useful and neces ...
Page 30
... transferred to private ownership as soon as that can be accomplished . In our opinion , the secondary market function is a necessary one , but it is not a governmental function , particularly where its effect is to give double ...
... transferred to private ownership as soon as that can be accomplished . In our opinion , the secondary market function is a necessary one , but it is not a governmental function , particularly where its effect is to give double ...
Page 43
... transferred to Farm Credit Administration and that it be accelerated so as to bring it to a close during the 3 - year period proposed for the llquidation of the lending activity . Our reasons for making these recommendations are given ...
... transferred to Farm Credit Administration and that it be accelerated so as to bring it to a close during the 3 - year period proposed for the llquidation of the lending activity . Our reasons for making these recommendations are given ...
Common terms and phrases
accounting Adminis Agriculture amount appropriate authority Banking and Currency board of directors borrowers business enterprises capital funds capital stock charter Committee on Banking conducted continued Corporation's cost Credit Corporation Defense Homes Corporation direct lending discontinued disposal dividends Eightieth Congress equity established existence extensive Farm Credit Administration Farmers FDIC Federal Deposit Insurance Federal Government Federal home loan Federal Housing Administration Federal land banks Federal National Mortgage Federal Reserve banks Federal Reserve System Federal Works Agency functions Government's Home Administration Home Finance Agency Home Loan Bank Housing and Home institutions interest intermediate credit banks investment June 30 lending activities liquidation loan guaranty ment necessary obligations operations organization ownership paid payment percent present properties provisions Public Housing Administration Public Law purpose recommendation that RFC Reconstruction Finance Corporation repayment responsibility RFC Act secondary market self-sustaining basis subsidy supervision tion transferred Treasury Department United
Popular passages
Page 79 - In the appointment of officials and the selection of employees for said Corporation, and in the promotion of any such employees or officials, no political test or qualification shall be permitted or given consideration, but. all such appointments and promotions shall be given and made on the basis of merit and efficiency.
Page 78 - ... to sue and be sued, to complain and to defend, in any court of competent jurisdiction, State or Federal...
Page 78 - Whenever a vacancy shall occur among the members the person appointed to fill such vacancy shall hold office for the unexpired portion of the term of the member whose place he is selected to fill. Each of the members of the board...
Page 101 - ... percent of the balance outstanding at the time of disbursement, in those cases where the total amount borrowed is over $100,000.
Page 7 - It may not be necessary to use such an instrumentality very extensively. The very existence of such a bulwark will strengthen confidence.
Page 30 - System, may make loans to, or purchase obligations of, such business, or may make commitments with respect thereto, on a reasonable and sound basis, for the purpose of providing it with working capital, but no obligation shall be acquired or commitment made hereunder with a maturity exceeding five years.
Page 77 - ... to determine the necessity for and the character and amount of its expenditures and the manner in which they shall be incurred, allowed, paid and accounted for...
Page 79 - Treasury upon the basis of the current average rate on outstanding marketable obligations of the United States.
Page 78 - Agriculture, without cost to the telephone bank ; "(c) the telephone bank shall be subject to the provisions of the Government Corporation Control Act, as amended (31 USC 841, et seq. ) , in the same manner and to the same extent as if it were included in the definition of 'wholly owned Government corporation...
Page x - System, the Federal Deposit Insurance Corporation, the Federal Savings and Loan Insurance Corporation, or the Administrator of the National Credit Union Administration...