Rural Credits: Joint Hearings Before the Subcommittees of the Committees on Banking and Currency of the Senate and of the House of Representatives, Charged with the Investigation of Rural Credits, Sixty-third Congress, Second Session. February 16, 1914, Parte1U.S. Government Printing Office, 1914 |
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Página 29
... believe but the farmer is forced to pay back his loan before he can make his farm earn that amount . That is the really great burden upon the farmer . That is the reason , I believe , why nothing more is done toward placing under ...
... believe but the farmer is forced to pay back his loan before he can make his farm earn that amount . That is the really great burden upon the farmer . That is the reason , I believe , why nothing more is done toward placing under ...
Página 30
... believe that when the farmers come to realize the sacrifices they are making to cling to the hollow shell of an old- fachioned individualism , which has been cast aside long ago by the urban industrial classes , they will accept this ...
... believe that when the farmers come to realize the sacrifices they are making to cling to the hollow shell of an old- fachioned individualism , which has been cast aside long ago by the urban industrial classes , they will accept this ...
Página 39
... believe it would become , where the terms were such as he ought to have , he would be in better position to pay off his personal obligations than if he did not have the long - term loan . Senator GWEN . He would have a productive ...
... believe it would become , where the terms were such as he ought to have , he would be in better position to pay off his personal obligations than if he did not have the long - term loan . Senator GWEN . He would have a productive ...
Página 43
... believe that will be the case here will be found safe investments , absolutely , and the people will want them , and the local people are going to take them largely . Mr. SELDOMRIDGE . Of course a higher rate of interest will natur ...
... believe that will be the case here will be found safe investments , absolutely , and the people will want them , and the local people are going to take them largely . Mr. SELDOMRIDGE . Of course a higher rate of interest will natur ...
Página 72
... believe it would be not , as you suggest , an unnecessary limitation ; but I believe it would be a very wholesome limitation and one that could be enforced and that would be enforced . Mr. Moss . I have just suggested a situation that ...
... believe it would be not , as you suggest , an unnecessary limitation ; but I believe it would be a very wholesome limitation and one that could be enforced and that would be enforced . Mr. Moss . I have just suggested a situation that ...
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Términos y frases comunes
acres agricultural amortization amount appraisement ATKESON BADOW banker believe bill bonds borrow BREITUNG building and loan BULKLEY capital cent central commercial banks commission commissioner of farm-land committee cooperative CORTLANDT COULTER Credit Foncier credit unions currency debentures debt deposits ENGELKEN Europe farm farmers Federal reserve Federal reserve act Federal reserve system FISCHER funds give going Government HAYES idea institution investment issue JONES land bank land-mortgage banks limit loan association matter mean ment minority report MOBLEY MORRIS mortgage mortgage loans Moss MYRICK national banks national farm-land bank North Carolina operation organization OUSLEY payments PLATT profit purpose question RAGSDALE rate of interest real estate reason regional bank rural credits savings banks SCUDDER SELDOMRIDGE sell Senator FLETCHER Senator HOLLIS SOUTHGATE tenants thing tion United usury VON ENGELKEN
Pasajes populares
Página 65 - ... in the hands of such executor, administrator, guardian or trustee, shall be liable in like manner, and to the same extent as the testator or intestate. or the ward or person interested in such trust fund would have been, if he had been living and competent to act, and held the same stock in his own name.
Página 65 - Title, and that he is the owner in good faith, and in his own right, of the number of shares of stock required by this...
Página 65 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Página 60 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking...
Página 58 - That it shall be the duty of the comptroller of the currency to report annually to congress at the commencement of its session — First. A summary of the state and condition of every association from whom reports have been received the preceding year, at the several dates to which such reports refer, with an abstract of the whole amount of banking capital returned by them, of the whole amount of their debts and liabilities, the amount of circulating notes outstanding, and the total amount of means...
Página 59 - That associations for carrying on the business of banking may be formed by any number of persons, not less in any case than five, who shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with the provisions of this act, which the association may see fit to adopt for the regulation of the business of the association and the conduct of its affairs...
Página 65 - ... notice thereof in all cases having been given in a newspaper published in the city, town or county in which the association is located; and if no newspaper is published in such city, town or county, such notice shall be published in a newspaper published nearest thereto. If the articles of association do not fix the day on which the election shall be held...
Página 62 - First. Such as shall be necessary for its immediate accommodation in the transaction of its business. Second. Such as shall be mortgaged to it in good faith by way of security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held...
Página 65 - A majority of the directors, after executing the articles of association and the organization certificate, shall have power to execute all other papers and to do whatever may be required to make its organization perfect and complete as a national association.
Página 60 - To prescribe by its board of directors by-laws not inconsistent with law regulating the manner in which its stock shall be transferred, its directors elected or appointed, its officers appointed, its property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed.