 | Darwin Curtis Gano, Ralph Ernest Rogers, Clyde Ordell Thompson - Commercial law - 1921 - 424 pages
...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...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... | |
 | Howard Carson Kidd - United States - 1921 - 464 pages
...for rediscounting. — Commercial paper which is denned by the law as eligible for rediscounting are "notes, drafts, and bills of exchange issued or drawn...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... | |
 | Alexander Wall - Credit - 1921 - 280 pages
...actual commercial transactions; that is, it must be a note, draft, or bill of exchange which has been issued or drawn for agricultural, industrial, or commercial...have been used or are to be used for such purposes. (c) It was not issued for carrying or trading in stocks, bonds, or other investment securities, except... | |
 | American Exchange National Bank, New York - Acceptances - 1921 - 128 pages
...of an actual commercial transaction, domestic or foreign ; that is, it must be a bill which has been issued or drawn for agricultural, industrial, or commercial...proceeds of which have been used or are to be used for the purpose of producing, purchasing, carrying or marketing goods in one or more of the steps of the... | |
 | National Bank of Commerce in New York - Acceptances - 1921 - 188 pages
...reserve bank may discount notes, Commercial drafts, and bills of exchange arising out of actual paper commercial transactions; that is, notes, drafts, and...industrial, or commercial purposes, or the proceeds Agricultural of which have been used, or are to be used, for such paper purposes, the Federal Reserve... | |
 | James Edward Meeker - Commodity exchanges - 1922 - 680 pages
...and protest by such bank as to its own endorsement exclusively, 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... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Agricultural credit - 1922 - 418 pages
...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...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... | |
 | James Edward Meeker - Commodity exchanges - 1922 - 680 pages
...and protest by such bank as to its own endorsement exclusively, 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... | |
 | United States Congress. House. Banking and Currency Committee - 1922 - 26 pages
...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...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... | |
 | Edgar Stevenson Furniss - Foreign exchange - 1922 - 426 pages
...and protest by such bank as to its own endorsement exclusively, 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 made... | |
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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... 
