| Horace White - Banks and banking - 1911 - 576 pages
...in force till June 30, 1915; that 1s, one year longer than the time limit fixed in that act itself. Any national banking association not situated in a central reserve city may make loans on improved and unincumbered farm lands, to run not longer than five years Farm Loans.and not exceed1ng... | |
| Edmund J. Burke - Economics - 1913 - 502 pages
...medium of exchange, of money, and thereupon a panic. (6) Loaning Money on Farm Land. — National banks not situated in a central reserve city may make loans...land situated within its federal reserve district. Such loans cannot be made for more than five years, nor for an amount exceeding 50 per cent of the... | |
| First National City Bank of New York - Federal Reserve banks - 1913 - 88 pages
...LOANS ON FARM LANDS. SEC. 27. That any national banking association not situated in a reserve city or central reserve city may make loans secured by improved and unencumbered farm land, and so much of section fifty-one hundred and thirty-seven of t.Le Eevised Statutes as prohibits the... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1914 - 768 pages
...the law were drawn with especial regard to their wants. Of particular interest is the provision that any national banking association not situated in a...within its Federal reserve district, but no such loan is to be made c •> for a longer time than five years, nor for an amount exceeding 50 per cent, of... | |
| Banks and banking - 1914 - 600 pages
...limited to one-half its paid-up and unimpaired capital stock and surplus. National banks, not located in a central reserve city, may make loans secured...improved and unencumbered farm land, situated within their own district. The loans may not exceed fifty per cent of the actual value of the property offered... | |
| Banks and banking - 1915 - 510 pages
...Board. 2. That section 24 of the Federal Reserve Act relating to loans on farm lands bo amended to road as follows: "Any national banking association not...make loans secured by improved and unencumbered farm lands situated within its Federal Reserve district, or in an adjoining district provided the land on... | |
| Alonzo Barton Hepburn - Coinage - 1915 - 580 pages
...in whose names such shares are registered at the time of such failure. LOANS ON FARM LANDS SEC. 24. Any national banking association not situated in a central reserve city may make loans secured by unproved and unencumbered farm land, situated within its Federal reserve district, but no such loan... | |
| Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1915 - 670 pages
...section 24 be extended so as to permit any national bank not situated in a central reserve city to make loans secured by improved and unencumbered farm...land situated within its Federal Reserve district, or within a radius of 100 miles from the place in which such bank is located, irrespective of district... | |
| Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1915 - 508 pages
...invested in such. CAPITAL STOCK (Continued.) 7. National banks (continued). § 24 : 1. 43 : p. 25. Any national banking association not situated in a central reserve city may loan on improved and unencumbered farm land, etc., for an amount not exceeding 25 per centum of its,... | |
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