| Alexander Wall - 1921 - 280 páginas
...Reserve Act also provides that 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 banks or bankers in foreign countries... | |
| Michigan Academy of Science. Council - 1920 - 426 páginas
...has defined what shall be considered as eligible bank acceptances for member banks. It states that a member bank may accept drafts or bills of exchange, having not more than six months to run, exclusive of days of grace, drawn upon them for importation or exportation of goods,... | |
| National Bank of Commerce in New York - 1921 - 188 páginas
...ii •. r. i> • ii 11 exceed three of exchange drawn upon it [to furnish dollar ex- months change] having not more than three months' sight to run, exclusive of days of grace. (Federal Reserve Act, Section 13.) AMOUNT MEMBER BANK MAY ACCEPT FOR ONE INTEREST Statutory Provisions... | |
| American Exchange National Bank, New York - 1921 - 128 páginas
...of the United States for the purpose of creating "dollar exchange." Such drafts or bills must have not more than three months' sight to run, exclusive of days of grace, and no member bank shall accept them for any one bank to an amount exceeding in the aggregate 10 per... | |
| Edgar Stevenson Furniss - 1922 - 426 páginas
...staples." The law also permits any member bank to 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 prescribed by the Federal Reserve Board by banks or bankers in other countries for... | |
| Board of Governors of the Federal Reserve System (U.S.) - 1922 - 740 páginas
...Under authority given in section 13 of the Federal Reserve Act the Board has authorized member banks to accept drafts or bills of exchange having not more than three months' sight to run, drawn by banks or bankers in Central American and South American countries for the purpose of furnishing... | |
| First National City Bank of New York - 1923 - 166 páginas
...his application for insurance. 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 banks or bankers in foreign countries... | |
| Anthony Jennings Bledsoe - 1923 - 1184 páginas
...OR BILLS OF EXCHANGE. — Any commercial 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 superintendent of banks by banks or bankers in foreign countries... | |
| George William Edwards - 1924 - 522 páginas
...Reserve Act also provides that 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 banks or bankers in foreign countries... | |
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