Farm Credit: Hearings Before the Subcommittee on Conservation and Credit of ..., 84-2 on H.R. 10285, H.R. 10286, H.R. 10315 ..., April 19, 20, and 21, 19561956 - 203 páginas |
Términos y frases comunes
Agricultural Credit Corp amount of class approval APRIL 19 banks for cooperatives believe bill borrow capital stock Chairman class A stock committee Congress cost debentures discount DOWNIE earnings effective date Farm Credit Act Farm Credit Administration Farm Credit Board Farm Credit District farm credit system Farm Loan Act farmers and ranchers Federal Board Federal Farm Credit Federal Farm Loan Federal intermediate credit Federal land banks financing institutions fiscal GATHINGS GODLEY Government capital Governor interest rates intermediate credit banks investment legislation lending lieu thereof livestock McINTIRE mediate credit bank merged banks merger operating organization outstanding paid participation certificates patronage refunds PCA's percent POAGE present production credit associations production credit corporation production-credit associations proposed purchase rediscount retirement of Government revolving fund Section sentence the words SLUSHER statement stock and participation substituting in lieu supervision surplus thereof the words TOOTELL words production credit
Pasajes populares
Página 15 - If any provision of this Act or the application thereof to any person or circumstance is held invalid, the remainder of the Act and the application of such provisions to other persons or circumstances shall not be affected thereby.
Página 15 - The last sentence of paragraph "Seventh" of section 5136 of the Revised Statutes, as amended, is further amended by inserting before the colon after the words "national mortgage associations" a comma and the following: "or obligations of the Industrial Loan Corporation".
Página 14 - The exemption provided herein shall not apply with respect to any Production Credit Association or its property or income after the stock held in it by the Production Credit Corporation...
Página 3 - Act of 1956, the production credit associations shall subscribe to class B stock in the banks in an aggregate amount equal to 15 per centum of the total amount of class A stock in all banks. Such required amount of subscriptions shall be allotted among the several districts in the proportion that the average amount of the bank's loans to and discounts for the production credit associations of the district, outstanding during the immediately preceding five fiscal years, is of the average of such loans...
Página 11 - Administration, retire and cancel all or a part of the stock of the defaulting borrower at the fair book value thereof, not exceeding par, in total or partial liquidation of the debt, as the case may be, and, to the extent required, corresponding shares held by a regional bank in the central bank shall be retired.