Promotion of United States Exports: Hearing, Eighty-seventh Congress, First Session, August 30, 1961 |
From inside the book
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Page 3
... tion as to enforcing the exporter's rights under its contract with the buyer and has also taken all reasonable steps which in the exporter's judgment are necessary to enforce its rights under its contract with the buyer ; or ( 4 ) any ...
... tion as to enforcing the exporter's rights under its contract with the buyer and has also taken all reasonable steps which in the exporter's judgment are necessary to enforce its rights under its contract with the buyer ; or ( 4 ) any ...
Page 4
... tion may be increased at any time by vote of a majority of the Board of Di- rectors and of the holders of a majority of the total number of shares of capital stock outstanding and eligible to vote . ( b ) The Corporation shall have ...
... tion may be increased at any time by vote of a majority of the Board of Di- rectors and of the holders of a majority of the total number of shares of capital stock outstanding and eligible to vote . ( b ) The Corporation shall have ...
Page 6
... tion of such proposed transfer . Such notice shall include ( 1 ) the name of the proposed transferee , ( 2 ) the consideration for such transfer , and ( 3 ) an offer to sell all such shares or any part thereof to the Corporation or at ...
... tion of such proposed transfer . Such notice shall include ( 1 ) the name of the proposed transferee , ( 2 ) the consideration for such transfer , and ( 3 ) an offer to sell all such shares or any part thereof to the Corporation or at ...
Page 7
... tion imposed by section 11 of this Act , the holder of the preferred stock shall be entitled to annual dividends equal to that proportion of the net income ( other than income derived from the underwriting of political risks or from the ...
... tion imposed by section 11 of this Act , the holder of the preferred stock shall be entitled to annual dividends equal to that proportion of the net income ( other than income derived from the underwriting of political risks or from the ...
Page 10
... tion's directors and the name , title , and post office address of each of its officers , certified by the President or a Vice President , and the Secretary or an Assistant Secretary , shall be made and executed and filed with the ...
... tion's directors and the name , title , and post office address of each of its officers , certified by the President or a Vice President , and the Secretary or an Assistant Secretary , shall be made and executed and filed with the ...
Common terms and phrases
agency amended American Export Credits amount authority Bank of Washington bill Board of Directors buyer capital Chairman claims commercial credit risk commercial insurance commercial risks common stock CONGRESS THE LIBRARY Corporation's cover CREDIT INSURANCE SYSTEMS Credits Guaranty Corporation currency DERWINSKI dollars Eximbank export credit guarantee export credit insurance Export-Import Bank financing FINNEGAN foreign FRANCIS X GOLDSBY Government Director Guarantee Agreement guaranty contract insurance companies involved issued legislation liability LIBRARY OF CONGRESS limited LINDER loans medium-term ment million MULTER operation outstanding payment percent political risk premiums political risk reserve preferred stock proposed protracted default reinsurance RESS SCAFURO Secretary shares shipments short-term specific stockholders sumer thereof tion transactions transfer Treasury U.S. exporters underwriting United UNITED KINGDOM United States dollars VANIK Vice Pres whole turnover WIDNALL X X X X YORK
Popular passages
Page 1 - That the management of the Corporation shall be vested in a board of directors, consisting of...
Page 23 - If any provision of this Act, or the application of such provision to any person or circumstance, 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 8 - ... 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 19 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the bank.
Page 51 - Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
Page 7 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued, under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 50 - ... for the benefit of citizens of the United States, including corporations, partnerships, and associations organized and existing under the laws of the United States...
Page 32 - I am directing the President of the Export-Import Bank, by April 1, to prepare and submit to the Secretary of the Treasury, as Chairman of the National Advisory Council on International Monetary and Financial Problems, a new program under the Export-Import Bank to place our exporters on a basis of full equality with their competitors in other countries.
Page 26 - ... in such amounts as may be specified from time to time in appropriation acts...
Page 27 - Secretary, but not exceeding $100 per day, including travel time, and while so serving away from their homes or regular places of business they may be allowed travel expenses, including per diem in lieu of subsistence, as authorized by section 5 of the Administrative Expenses Act of 1946 (5 USC 73b-2) for persons in the Government service employed intermittently.