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 2
... investment in 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 ...
... investment in 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 ...
Page 5
... invest in class B stock 5 per centum of the amount of loan funds so provided . No dividends shall be payable on class B stock . All holders of class B stock shall be entitled to patronage refunds in class B stock under terms and ...
... invest in class B stock 5 per centum of the amount of loan funds so provided . No dividends shall be payable on class B stock . All holders of class B stock shall be entitled to patronage refunds in class B stock under terms and ...
Page 6
... investment or deposit of which shall be under the authority and control of the United States or any officer or officers thereof . " SEC . 408. LENDING POWER . ( a ) The Governor of the telephone bank is authorized on behalf of the ...
... investment or deposit of which shall be under the authority and control of the United States or any officer or officers thereof . " SEC . 408. LENDING POWER . ( a ) The Governor of the telephone bank is authorized on behalf of the ...
Page 12
... investment of fiduciary , trust , and public funds in such debentures . It is our opinion that the language should be changed in : Lines 20 , 21 , 22 , 23 , and 24 , by striking our the last sentence beginning on line 20 with the words ...
... investment of fiduciary , trust , and public funds in such debentures . It is our opinion that the language should be changed in : Lines 20 , 21 , 22 , 23 , and 24 , by striking our the last sentence beginning on line 20 with the words ...
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... investment increased from $ 388,959 to $ 983,517 in 1955 ; to $ 1,282,789 in 1960 , to $ 1,789,319 in 1965 , and at the end of 1966 , it was $ 1,908,356 . Going straight down under " 1966 " , you will find that the total revenues per ...
... investment increased from $ 388,959 to $ 983,517 in 1955 ; to $ 1,282,789 in 1960 , to $ 1,789,319 in 1965 , and at the end of 1966 , it was $ 1,908,356 . Going straight down under " 1966 " , you will find that the total revenues per ...
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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,!