Rural Telephone Supplemental Financing: Hearings Before the Committee on Agriculture, House of Representatives, Ninetieth Congress, First Session on H.R. 12066U.S. Government Printing Office, 1967 - 77 pages |
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Page 1
... capital needs of the rural telephone systems require the establishment of a rural telephone bank which will furnish assured and viable sources of supplementary financing with the objective that said bank will become an entirely ...
... capital needs of the rural telephone systems require the establishment of a rural telephone bank which will furnish assured and viable sources of supplementary financing with the objective that said bank will become an entirely ...
Page 2
... capital stock of the Rural Telephone Bank in accordance with section 406 ( a ) of this Act : Provided , That such investment shall be deemed paid in capital of the said bank notwithstanding that funds representing the proceeds from the ...
... capital stock of the Rural Telephone Bank in accordance with section 406 ( a ) of this Act : Provided , That such investment shall be deemed paid in capital of the said bank notwithstanding that funds representing the proceeds from the ...
Page 4
... capital shall consist of capital subscribed by the United States , by borrowers from the telephone bank , by corporations and public bodies eligible to become borrowers from the telephone bank , and by organizations controlled by such ...
... capital shall consist of capital subscribed by the United States , by borrowers from the telephone bank , by corporations and public bodies eligible to become borrowers from the telephone bank , and by organizations controlled by such ...
Page 5
... capital stock of the telephone bank shall consist of three classes , class A , class B , and class C , the rights , powers , privileges , and preferences of the separate classes to be as specified , not inconsistent with law , in the ...
... capital stock of the telephone bank shall consist of three classes , class A , class B , and class C , the rights , powers , privileges , and preferences of the separate classes to be as specified , not inconsistent with law , in the ...
Page 6
... capital and retained earnings of the telephone bank . The telephone bank shall insert in all its telephone debentures appropriate language indicating that such telephone debentures , together with interest thereon , are not guaranteed ...
... capital and retained earnings of the telephone bank . The telephone bank shall insert in all its telephone debentures appropriate language indicating that such telephone debentures , together with interest thereon , are not guaranteed ...
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Expressions et termes fréquents
2-percent loans 2-percent money acquisition Agriculture amendment amount application areas bank bill bank loans BELCHER believe BOLLINGER capital CHAIRMAN Class A stock CONGRES THE LIBRARY CONGRESS LIBRARY CONGRESS THE LIBRARY corporation cost of money DOLE earnings entities Federal funds Government grade of service holding company increase Independent Telephone interest rate intermediate loan investment JONES of Missouri Junction City KLEPPE legislation LIBRARY OF CONGRES LIBRARY OF CONGRESS LUCIER million MOTT MYERS North Dakota O'NEAL objectives operations pany percent PETERSON Pioneer Telephone Poage president proposed purchase pursuant question rate of interest rate of return REA loan reason Rural Electrification Act Rural Electrification Administration rural telephone account rural telephone bank Secretary section 201 sell square mile statement supplemental financing TEAGUE of California tele Telephone Association Telephone Bank Board telephone companies telephone debentures telephone program telephone service tion United WAMPLER WILBOURN ZWACH
Fréquemment cités
Page 6 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 6 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Page 59 - The PRESIDENT, The White House, Washington, DC DEAR MR. PRESIDENT : I am...
Page 3 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 8 - Act of 1936, as amended, is repealed. (b) Section 201 of the Rural Electrification Act of 1936, as amended, is amended by inserting ", to public bodies now providing telephone service in rural areas", immediately after the word "areas...
Page 6 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 4 - The telephone bank's capital shall consist of capital subscribed by the United States, by borrowers from the telephone bank, by corporations and public bodies eligible to become borrowers from the telephone bank, and by organizations controlled by such borrowers, corporations, and public bodies. Beginning with the fiscal year...
Page 1 - Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That it is hereby declared to be the policy of the Congress...
Page 3 - Rico, or with any political subdivision thereof, or with any person, firm, association, or corporation ; to execute, in accordance with its bylaws, all instruments necessary or appropriate in the exercise of any of its powers...
Page 3 - States in the payment of debts out of bankrupt, insolvent, and decedents' estates; (b) in order to perform its responsibilities under this title, the telephone bank may partially or jointly utilize the facilities and the services of employees of the [Rural Electrification Administration or of any other agency of the Department of Agriculture,!