Small Business Investment Program: Hearings Before the Select Committee on Small Business, House of Representatives, Eighty-eighth Congress, Second Session, Pursuant to H. Res. 13 ... Washington, D. C., March 17 and 18, 1964U.S. Government Printing Office, 1964 - 243 páginas |
Dentro del libro
Resultados 1-5 de 85
Página 4
... banks and 20 - odd businessmen invested the initial capital . I believe this is still the record for the largest number of in- dependent banks investing in one SBIC . No SBA debentures were needed . As you gentlemen know , I spent more ...
... banks and 20 - odd businessmen invested the initial capital . I believe this is still the record for the largest number of in- dependent banks investing in one SBIC . No SBA debentures were needed . As you gentlemen know , I spent more ...
Página 5
... banks . It needs the use of equity money for long enough to earn a profit and repay the indebted- ness . Theoretically , at least , investors in SBIC stocks initially were look- ing for capital gains rather than immediate income . For ...
... banks . It needs the use of equity money for long enough to earn a profit and repay the indebted- ness . Theoretically , at least , investors in SBIC stocks initially were look- ing for capital gains rather than immediate income . For ...
Página 8
... Bank participation $ 10,000 , 1st mortgage , 6 percent 10 years . Mar. 22 , 1960 100,000 Bank participation $ 25,000 , chattel mortgage , 6 percent , 10 years . July 7 , 1960 70,000 Nov. 7,1960 35,000 do . 75,000 Wholesale and retail ...
... Bank participation $ 10,000 , 1st mortgage , 6 percent 10 years . Mar. 22 , 1960 100,000 Bank participation $ 25,000 , chattel mortgage , 6 percent , 10 years . July 7 , 1960 70,000 Nov. 7,1960 35,000 do . 75,000 Wholesale and retail ...
Página 9
... banks in Tennessee had bought stock and about 20 individuals . So we had more than the $ 300,000 necessary . But the ... bank investors , nobody was willing to absorb the expense of the management . So it had to come out of the income ...
... banks in Tennessee had bought stock and about 20 individuals . So we had more than the $ 300,000 necessary . But the ... bank investors , nobody was willing to absorb the expense of the management . So it had to come out of the income ...
Página 13
... banks throughout the State . Mr. ROBISON . Well , I know you " went public , " but it still seems to me this is a pretty wide geographical distribution . Mr. DAVIS . It was a good distribution so far as the group of under- writers is ...
... banks throughout the State . Mr. ROBISON . Well , I know you " went public , " but it still seems to me this is a pretty wide geographical distribution . Mr. DAVIS . It was a good distribution so far as the group of under- writers is ...
Términos y frases comunes
amended Amount 1 Number applications approval bank believe ber Amount BEZANSON borrowers BURLAGE Business Investment Act business investment companies Capital Southwest capital stock Cedar Rapids CHAIRMAN committee CONGRESS convertible debentures DAVIS debentures debt securities directors disbursed effective interest rate financing Fiscal FOLEY funds GBIC going growth Growth Capital Growth Investment Gulf-Southwest HARVEY industry insider sales insider trading interest rate Investment Corp investors June 30 KELLEY loans and debt loss McCURRACH ment merger million MITCHELL MULTER Number Amount officers operation outstanding pany portfolio companies PRATT president problem profit proposed proxy fight PUETT purchase real estate record registered investment company regulations repurchasing ROBISON RUVELSON sales were reported SBI Corp SBIC program SBIC's self-dealing Small Business Administration small business concerns small business investment Southeastern Capital Corp statement stockholders surplus testimony Texas Capital tion Total transactions Tsui underwriting Virginia Capital Corp
Pasajes populares
Página 208 - Any person directly or indirectly owning, controlling, or holding with power to vote, 5 per centum or more of the outstanding voting stock or shares of any organization and such organization ; and (6) Two or more persons directly or indirectly controlling, controlled by or under common control with, any person.
Página 212 - Act, as amended, is amended — ( 1 ) by striking out the period at the end of "paragraph (5) "and inserting in lieu thereof "; and"; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist...
Página 41 - Item 5— Signature. The statement shall be dated and signed in the following manner: I certify that the statements made in this statement are true, complete, and correct, to the best of my knowledge and belief. (Date) (Signature of participant or authorized representative) Instruction.
Página 44 - associate" used to indicate a relationship with any person, means (1) any corporation or organization (other than the registrant or a majority-owned subsidiary of the registrant) of which such person is an officer or partner or is, directly or indirectly, the beneficial owner of 10 percent or more of any class of equity securities, (2) any trust or other estate in which such person has a substantial beneficial interest or as to which such person serves as...
Página 207 - Commission shall grant such application and issue such order of exemption if evidence establishes that — (1) the terms of the proposed transaction, including the consideration to be paid or received, are reasonable and fair and do not involve overreaching on the part of any person concerned...
Página 207 - ... necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of this title.
Página 42 - ... of profits, division of losses or profits, or the giving or withholding of proxies, naming the persons with whom such contracts, arrangements, or understandings have been entered into, and giving the details thereof.
Página 213 - Such companies may invest funds not reasonably needed for their current operations in direct obligations of, or obligations guaranteed as to principal and interest by the United States, or in insured savings accounts (up to the amount of the insurance) in any institution the accounts of which are insured by the Federal Savings and Loan Insurance Corporation.
Página 143 - The committee will stand in recess until 2 o'clock this afternoon. [Whereupon, at 12 :45 pm, the committee recessed, to reconvene at 2 pm, the same day.] AFTERNOON SESSION The CHAIRMAN.
Página 42 - State the amount of each class of securities of the bank that you own of record but not beneficially. (c) State with respect to the securities specified in (a) and (b) the amounts acquired within the past 2 years, the dates of acquisition and the amounts acquired on each date. (d) If any part of the purchase price or market value of any of the shares specified in paragraph (c) is represented by funds borrowed or otherwise obtained for the purpose of acquiring or holding such securities, so state...