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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... "
Rural Credits: Hearings Before the Committee on Banking and Currency, United ... - Page 160
by United States. Congress. Senate. Committee on Banking and Currency - 1922
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Yearbook of agriculture. 1924

1925 - 1282 pages
...extended the credit available to farmers through this source. Federal reserve banks are now authorized to discount notes, drafts, and bills of exchange issued or drawn for an agricultural purpose. The term of such paper may be nine months in contrast to commercial paper which must have a maturity...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 pages
...the indorsement of any of its member 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...
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Gateway, Volumes 21-22

1913 - 492 pages
...the indorsement of any of its member 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...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 pages
...the indorsement of any of its member 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 commericial transactions ; that is, notes, drafts, and bills of exchange issued...
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The American Business Manual, Including Organization ..., Volume 1

Francis Joseph Reynolds - 1914 - 420 pages
...the indorsement of any of its member banks, with a waiver of demand, notice or protest by such bank, any Federal Reserve Bank may discount notes, drafts and bills of exchange arising out of the actual commercial transactions; that is, notes, drafts and bills of exchange issued...
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Banking: Part I: Banking Principles

1914 - 600 pages
...the indorsement of any of its member 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...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 pages
...the indorsement of any of its member 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...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 10

United States - 1914 - 962 pages
...the indorsement of any of its member 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...
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Journal of the House of Representatives ... of the ... Legislature, Volume 33

Texas. Legislature. House, Texas. Legislature. House of Representatives - 1914 - 580 pages
...the endorsement of any of its member 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...
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Journal of the Institute of Bankers, Volume 35

Institute of Bankers (Great Britain) - 1914 - 768 pages
...upon solvent member banks payable upon 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...
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