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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... "
Principles of Banking: A Series of Selected Materials - Página 290
1916 - 500 páginas
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Yearbook of agriculture. 1914

1915 - 808 páginas
...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 actual commercial transactions — that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or...
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American Legal News, Volumen31

1920 - 584 páginas
...law authorizes the federal reserve banks upon the endorsement of any of its member banks, to discount notes, drafts and bills of exchange arising out of...commercial transactions, having a maturity of not more than ninety days, except notes secured by staple agricultural products which may have a maturity...
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Readings in Civil Government

Percy Lewis Kaye - 1910 - 594 páginas
...re-discounting. With the indorsement of a member bank, the federal reserve bank may discount for such member bank notes, drafts, and bills of exchange arising out of actual commercial transactions. The federal reserve board determines in general the character of such paper. But the statute provides...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 páginas
...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 actual commercial transactions ; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial...
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Gateway, Volúmenes21-22

1913 - 492 páginas
...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 actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn for agricultural, industrial or commercial...
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The Quarterly Journal of Economics, Volumen28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1914 - 840 páginas
...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn for agricultural, industrial or commercial...
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Journal of the House of Representatives ... of the ... Legislature, Volumen33

Texas. Legislature. House, Texas. Legislature. House of Representatives - 1914 - 580 páginas
...becoming a member of a Federal reserve bank shall have the right to discount to a Federal reserve bank, notes, drafts, and bills of exchange arising out of actual commercial transactions and to endorse the same with a waiver of demand, notice and protest and to do any other thing necessary...
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Journal of the Institute of Bankers, Volumen35

Institute of Bankers (Great Britain) - 1914 - 768 páginas
...presentation. Upon the endorsement of any of its member banks any Federal reserve bank may discount notes, drafts and bills of exchange arising out of actual commercial transactions, or the proceeds of which have been used, or are to he used for such purposes, the Federal Reserve Board...
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Banking: Part I: Banking Principles

1914 - 600 páginas
...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 actual commercial transactions ; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial...
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The Quarterly Journal of Economics, Volumen28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1914 - 858 páginas
...commercial loans maturing within ninety days. Commercial loans are generally denned in the act as " notes, drafts and bills of exchange arising out of actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn for agricultural, industrial or commercial...
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