Digest of the Federal Reserve Act: Including Amendments to April 13, 1920Guaranty Trust Company of New York, 1920 - 35 páginas |
Dentro del libro
Resultados 1-5 de 6
Página 8
... funds in law- ful money ; National bank notes , or checks upon other Federal Reserve Banks ; and checks , drafts , and maturing notes and bills payable within its district . May receive deposits of net earnings of the War Finance ...
... funds in law- ful money ; National bank notes , or checks upon other Federal Reserve Banks ; and checks , drafts , and maturing notes and bills payable within its district . May receive deposits of net earnings of the War Finance ...
Página 10
... funds , public funds of the Philippine Islands , nor postal savings funds shall be deposited in any bank in the continental U. S. not belonging to this system . Any Federal Reserve Bank or Agent may deposit gold with United States ...
... funds , public funds of the Philippine Islands , nor postal savings funds shall be deposited in any bank in the continental U. S. not belonging to this system . Any Federal Reserve Bank or Agent may deposit gold with United States ...
Página 11
... fund against notes which have been retired . Retired notes shall not be reissued except upon compliance with conditions of an original issue . When gold reserve held against reserve notes falls below 40 % , Board shall establish ...
... fund against notes which have been retired . Retired notes shall not be reissued except upon compliance with conditions of an original issue . When gold reserve held against reserve notes falls below 40 % , Board shall establish ...
Página 18
... funds subject to check or de- posits of checks , drafts , bills of exchange , or other items for collection or exchange purposes . Separate accounts shall be kept for funds held in trust , carried in a separate account , and unless ...
... funds subject to check or de- posits of checks , drafts , bills of exchange , or other items for collection or exchange purposes . Separate accounts shall be kept for funds held in trust , carried in a separate account , and unless ...
Página 19
... fund in gold of not less than 5 % must be maintained in the United States Treasury . Reserves In estimating reserves , net balance of amounts due to and from other banks shall be used as the basis for ascer- taining the bank deposits ...
... fund in gold of not less than 5 % must be maintained in the United States Treasury . Reserves In estimating reserves , net balance of amounts due to and from other banks shall be used as the basis for ascer- taining the bank deposits ...
Otras ediciones - Ver todas
Digest Of The Federal Reserve Act: Including Amendments To April 13, 1920 Guaranty Trust Company of New York Sin vista previa disponible - 2018 |
Digest of the Federal Reserve ACT: Including Amendments to April 13 1920 Guaranty Trust Company of New York Sin vista previa disponible - 2015 |
Términos y frases comunes
123 DISTRICT amount Baltimore BANK OF ATLANTA Bank of district BANK OF KANSAS BANK OF SAN bank's capital bills of exchange Birmingham Board of Directors bonds or notes BRANCH capital and surplus Central Reserve City Chairman and Federal CHAS checks and drafts Cincinnati collateral Colo days of grace Denver deposits in Federal director or employee DIRECTORS Class Name Directors Name Residence Directors Residence discount eligible endorsement eral Reserve exceed exclusive of days Federal Reserve Act Federal Reserve Agent FEDERAL RESERVE BANK Federal Reserve Board Federal Reserve notes gold certificates Group Houston Jacksonville JOHN Kansas City Little Rock Louis Manager Board Manager Name Board Memphis Nashville National Bank Act obligations or paper officer Okla Oklahoma City paper secured Paso permission of Federal Philadelphia PIERRE JAY Pittsburgh Richmond San Francisco Seattle Spokane Tenn trust companies U. S. bonds United States Treasurer United States Treasury War Finance Corporation Wash
Pasajes populares
Página 14 - ... (b) Maturity. No member bank shall accept any commercial draft or bill unless at the date of its acceptance such draft or bill has not more than six months to run, exclusive of days of grace. (c) Acceptances for one person. No member bank shall accept commercial drafts or bills, whether in a foreign or...
Página 19 - In estimating the reserves required by this Act, the net balance of amounts due to and from other banks shall be taken as the basis for ascertaining the deposits against which reserves shall be determined. Balances in reserve banks due to member banks shall, to the extent herein provided, be counted as reserves.
Página 18 - Funds deposited or held in trust by the bank awaiting investment shall be carried in a separate account and shall not be used by the bank in the conduct of its business unless it shall first set aside in the trust department United States bonds or other securities approved by the Federal Reserve Board.
Página 17 - State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee of estates of lunatics, or in any other fiduciary capacity in which State banks, trust companies, or other corporations which come into competition with national banks are permitted to act under the laws of the State in which the national bank is located.
Página 23 - ... in each district. The districts are distinguished by numbers, the following being a list of the districts and their respective central reserve cities: 1, Boston; 2, New York; 3, Philadelphia; 4, Cleveland ; 5, Richmond ; 6, Atlanta ; 7, Chicago ; 8, St, Louis ; 9, Minneapolis ; 10, Kansas City ; 11, Dallas; 12, San Francisco.
Página 19 - Any member bank may accept drafts or bills of exchange drawn upon it having not more, than three months' sight to run, exclusive of days of grace, drawn under regulations to be prescribed by the Federal Reserve Board by...
Página 8 - ... its member banks, and from the United States, deposits of current funds in lawful money, national-bank notes, Federal reserve notes, or checks, and drafts...
Página 9 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Página 10 - ... make a special interest charge on such notes, which, in the discretion of the Federal Reserve Board, need not be applicable to other Federal reserve notes which may from time to time be issued and outstanding. All provisions of law, not inconsistent herewith, in respect to the acquisition by any Federal reserve bank of obligations or paper secured by such bonds or notes of the United States, and in respect to Federal reserve notes issued against the security of such obligations or paper...
Página 11 - All Federal reserve notes and all gold, gold certificates and lawful money issued to or deposited with any Federal reserve agent under the provisions of the Federal reserve act shall hereafter be held for such agent, under such rules and regulations as the Federal Reserve Board may prescribe, in the joint custody of himself and the Federal reserve bank to which he is accredited. Such agent and such Federal reserve...