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" Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months... "
Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ... - Page 248
by Willis Seaver Paine - 1917 - 416 pages
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - 1918 - 808 pages
...draw drafts upon it or its correspondents at sight or on time, not exceeding one year, and may also accept drafts or bills of exchange drawn upon it, having not more than six months sight to run, growing out of transactions involving the importation and exportation of goods; and any bank or trust...
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Statutes of the United States of America

United States - 1917 - 706 pages
...thirteen 'be further voi.ept39,cesp. 752, amended and reenacted so as to read as follows: "io'reign trade "Any member bank may accept drafts or bills of exchange...upon it having not more than six months sight to run, exclusive of days of grace, which grow out of transactions involving the importa- ,, A'J ' i* t ะป...
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Miscellaneous Series, Issues 82-87

1919 - 1222 pages
...not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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Proceedings of the Academy of Political Science in the City of New York

1914 - 646 pages
...foreign trade items in sections 14 and 28. Section 14 reads: Any national bank may, at its discretion, accept drafts or bills of exchange drawn upon it,...involving the importation or exportation of goods. No hank shall accept such bills to an amount equal at any time in the aggregate to more than one-half...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 pages
...not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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Banking and Currency in the United States, Volume 4

Academy of Political Science (U.S.) - 1913 - 276 pages
...foreign trade items in sections 14 and 28. Section 14 reads: Any national bank may, at its discretion, accept drafts or bills of exchange drawn upon it,...involving the importation or exportation of goods. No bank shall accept such bills to an amount equal at any time in the aggregate to more than one-half...
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Pending Banking Legislation: Letters by Officers of the National City Bank ...

First National City Bank of New York - 1913 - 88 pages
...centum of the unimpaired capital and surplus of said bank. Any member bank may, at its discretion, accept drafts or bills of exchange drawn upon it having...involving the importation or exportation of goods, but no bank shall accept such bills to an amount equal in the aggregate to more than one-half the face...
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Banking and Currency: Hearings Before the Committee on Banking ..., Parts 13-24

United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 pages
...bills of exchange, as it appears on page 26 of the bill: Any national bank may, at its discretion, accept drafts or bills of exchange drawn upon it having not more than six months' eight to run and growing out of transactions involving the importation or exportation of goods. I have...
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Congressional Serial Set, Issue 6536

1913 - 1030 pages
...discounted for any bank, at no tune to exceed 10 per cent of unimpaired capitaf or surplus of bank. National bank may accept drafts or bills of exchange drawn upon it having more than four months to run, growing out of transactions involving the importation or exportation...
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Journal, Volumes 2-3

Texas. Legislature. Senate - 1914 - 484 pages
...shall not apply to the discount of bills of exchange in good faith against actually existing values. "Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than...
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