Text of Law Providing for Federal Intermediate Credit BanksU.S. Government Printing Office, 1924 - 24 Seiten |
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agricultural credit corporations agricultural credits act agricultural purpose amount apply approval authorizing such redis bank may require banks are authorized bill of exchange board of directors borrower capital and surplus capital stock cattle loan companies centum centum per annum collateral commodities cooperative marketing associations counterfeited coupon debentures or obligations direct loans Director_ Registrar District exceed exceeding falsely altered Farm Loan Board farm warehouse farmers Federal Farm Loan Federal intermediate credit Federal land banks financial institutions house receipts incorporated livestock loan intermediate credit bank jurisdiction creating Kansas land-bank examiners laws livestock loan company loans and advances loans or advances maturity Minnesota national bank Nebraska obligations issued officers orderly marketing organization paid person procure provisions purchase rate of interest rediscount paper rediscount privilege rules and regulations savings institution Secretary section 202 six months South Carolina South Dakota Texas tion Treasurer Director Director trust company unimpaired capital Vice president Virginia warehouse receipts West Virginia
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Seite 10 - The net earnings derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against outstanding United States notes, or shall be applied to the reduction of the outstanding bonded indebtedness of the United States under regulations to be prescribed by the Secretary of the Treasury.
Seite 12 - ... draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report...
Seite 12 - ... shall be punished by a fine of not more than $10,000, or by Imprisonment for not more than five years, or both. Whoever willfully overvalues any security by which...
Seite 10 - After the aforesaid dividend claims have been fully met, all the net earnings shall be paid to the United States as a franchise tax, except that one-half of such net earnings shall be paid into a surplus fund until it shall amount to forty per centum of the paid-in capital stock of such bank.
Seite 10 - SEC. 206. (a) That the Federal Farm Loan Board shall equitably apportion the joint expenses incurred in behalf of Federal land banks, joint stock land banks, and Federal intermediate credit banks, and shall assess against each Federal intermediate credit bank its proportionate share of the expenses of any additional personnel in the Federal Farm Loan Bureau made necessary in connection with the operation of this provision.
Seite 11 - Comptroller within five days after the receipt of a request or requisition therefor from him, and in the same form in which it is made to the Comptroller shall be published in a newspaper published in the place where such association is established, or if there is no newspaper in the place, then in the one published nearest thereto in the same county, at the expense of the association; and such proof of publication shall be furnished as may be required by the Comptroller.
Seite 24 - That all associations under this act, when designated for that purpose by the Secretary of the Treasury, shall be depositaries of public money...
Seite 11 - Board by land bank examiners ; and State banks, trust companies and savings associations may be in like manner required to file their written consent that reports of their examination by constituted authorities may be furnished by such authorities upon request to the Federal Intermediate Credit Bank of their district. Each Federal Intermediate Credit Bank shall be examined and audited at least once each year by the Federal Farm Loan 47 Board, and the results of such examination and audit shall be...
Seite 11 - Each such report shall exhibit, in detail and under appropriate heads, the resources and liabilities of the association...
Seite 17 - No organization entitled to the privileges of this title, shall, without the approval of the Federal Farm Loan Board, be allowed to discount with any Federal Intermediate Credit Bank any note or other obligation, upon which...