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" ... sight, exclusive of days of grace, and which are indorsed by at least one member bank: Provided, That such acceptances if drawn for an agricultural purpose and secured at the time of acceptance by warehouse receipts or other such documents conveying... "
Rural Credits: Hearings Before the Committee on Banking and Currency of the ... - Page 61
by United States. Congress. House. Committee on Banking and Currency - 1923
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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
...bank or of any national bank which are based on the importation or exportation of goods and which have a maturity at the time of discount of not more than six months sjght to run, provided that such bills for any such bank shall not at any time aggregate more than...
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Journal, Volumes 2-3

Texas. Legislature. Senate - 1914 - 484 pages
...bank or of any national bank which are based on the importation or exportation of goods and which have a maturity at the time of discount of not more than six months sight to run, provided that such bills for any such bank shall not nt any time aggregate more than...
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Federal Reserve Bulletin

1916 - 850 pages
...days of grace; but if drawn or issued for agricultural purposes or based on live stock, it may have a maturity at the time of discount of not more than six months, exclusive of days of grace. ( 6 ) It arose out of actual commercial transactions ; that is, it must...
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - 1917 - 452 pages
...days of grace; but if drawn or issued for agricultural purposes or based on livestock, it may have a maturity at the time of discount of not more than six months, exclusive of days of grace. (6) It arose out of actual commercial transactions; that is, it must be...
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Annual Report, Volume 3

Board of Governors of the Federal Reserve System (U.S.) - 1917 - 534 pages
...agricultural purposes, including the breeding, raising, fattening, or marketing of live stock, and which has a maturity at the time of discount of not more than six months, exclusive of days of grace. (6) Eligibility. — To be eligible for rediscount six months' agricultural...
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The Law, Rules and Regulations Governing Acceptances, Rediscounts, Open ...

National Bank of Commerce in New York - 1917 - 72 pages
...agricultural purposes, including the breeding, raising, fattening, or marketing of live stock, and which has a maturity at the time of discount of not more than six months. Commodity Paper — is a note, draft, bill of exchange, or trade acceptance accompanied and secured...
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Principles of Business

Charles William Gerstenberg - 1918 - 844 pages
...agricultural purposes, including the breeding, raising, fattening, or marketing of live stock and which has a maturity at the time of discount of not more than six months, exclusive of days of grace." To be eligible for rediscount six months' agricultural paper must comply...
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Annual Report, Volume 4

Board of Governors of the Federal Reserve System (U.S.) - 1918 - 724 pages
...days of grace ; but If drawn or issued for agricultural purposes or based on live stock, it may have a maturity at the time of discount of not more than six months, exclusive of days of grace. (o) It arose out of actual commercial transactions ; that is, it must be...
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Organized Banking

Eugene Ewald Agger - 1918 - 406 pages
...days of grace; but if drawn or issued for agricultural purposes or based on live stock, it may have a maturity at the time of discount of not more than six months, exclusive of days of grace. (6) It arose out of actual commercial transactions; that is, it must be...
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Commercial Banking Practice Under the Federal Reserve Act: The Law and ...

National Bank of Commerce in New York - 1918 - 148 pages
...days of grace; but if drawn or issued for agricultural purposes or based on live stock, it may have a maturity at the time of discount of not more than six months, exclusive of days of grace." (Regulations of Federal Reserve Board, Regulation A, Series of 1917, A,...
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