Loans, to one interest, at member banks - at national agricultural credit cor- - at national banks, restrictions do by foreign branches of national - by joint-stock land banks, restricted - certain growers' drafts on Co- Manufacturer, financing needs of, 213 Maturity, of paper based on U. S. obli- McAdoo, W. G., deposits funds in reserve discount rate theory of, 518 - work on agricultural credit, 245 Member banks, application to Reserve - branches of, by states, 736 deposits of, in foreign banks, 64 - examination of, 106 general supervision of reserve banks examination, 106 full acceptance powers, 104 - powers of, in acceptance creation, - in dollar exchange, grant of author- in interlocking directors, 105 Merchant, financing needs of, 213 terms of sale of, 216 Middleman, functions of, 359 Minerals, loans by land banks on lands - unmined, not quick asset, 207 152 Minneapolis, Federal Reserve Bank of, Morman, J. B., cited, 241, 250, 269, 283, Mortgage, assumption of, 288 Mortgage certificates, right of national Mortgages, default on, liability in event - - - executed to land banks, instrumentali- – nature of, given to land banks, 294 Moss-Fletcher bill, designed to furnish Motor transportation company, eligibility Municipal warrants, purchase of by re- - nature of obligations and municipal- net funded indebtedness in, 508 provisions of Act on, 506 - requirements of Board on, 506 in sale of paper held, 456 to act as fiscal agents of U. S., 458 to hold live stock, 459 to hold real estate, 458 to hold stock of rediscount corpora- - progress of, traced, 460 - purchase of, obligations of, by reserve - acceptances of, by reserve banks, -taxation of, 45, 452 National Association of Credit Men, sup- ports trade acceptance, 221 National Bank Act, 1911 survey of National bank notes, as reserves, 71 - power of bank to change amount National banks, powers of, discount of extension of, by Reserve Act, 657 - in creating bankers' acceptances, in loans to one interest, 164 to act as real estate loan brokers regulations governing, 341 -to discount notes secured by farm to establish branches abroad, 541 to hold stock of foreign banking - to lend on real estate, 334 to receive time deposits, 659 to use words "trust company" in -real estate loans of, amount of, traced, under original Federal Reserve - stockholding by, required in reserve banks, 19 National farm loan associations, articles - by-laws for, form of Farm Loan - capital stock of, amount of, 277 - liability of holders of, 257, 277 charges of, to borrowers, 283 - consolidation of, procedure for, 278 - creation of cash reserves by, against - directors of, number and qualifica- - duties of, in case of default on mort- - exempt from taxation, except on real expenses of, how paid, 280 National farm loan associations, forma- tion of, procedure for, 275 - general provisions governing, 269 liquidation of, procedure for, 278 duties of, in appraising borrower's management of, 279 members, qualifications of, 276 powers of Board over, 276 powers of, to obtain loans from dis- to receive deposits, 284 reserve or surplus of, 282 compensation of, 280 - duties of, 281 - relation of, to Farm Loan Board, - subject to examination by and report Natural persons, definition of, by Farm -membership in National farm loan as- Net terms, 215 New England, basis of appraisal of farm New York, Federal Reserve Bank of, - description of fiscal agency work "forward" rate of discount quoted organization chart of credit de- - purchase of acceptances on behalf receives deposits to pay land bank statement of, on buildings, 726 New York Clearing House, operations of, Nonmember banks, access of, to reserve - stages in Board's policy with re- - with veterans' paper, 147 - collections on, by reserve banks, 605 |