Rural Telephone Financing: Hearings, Eighty-ninth Congress, Second Session, on Title V and Title VI, H.R. 14837. September 13 and 14, 1966U.S. Government Printing Office, 1966 - 52 pages |
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Page 8
... feel should be discussed . STATEMENT OF NORMAN M. CLAPP , ADMINISTRATOR , RURAL ELECTRIFICATION ADMINISTRATION ; ACCOMPANIED BY CHARLES U. SAMENOW , CONSULTANT , OFFICE OF THE AD- MINISTRATOR , RURAL ELECTRIFICATION ADMINISTRATION ; AND ...
... feel should be discussed . STATEMENT OF NORMAN M. CLAPP , ADMINISTRATOR , RURAL ELECTRIFICATION ADMINISTRATION ; ACCOMPANIED BY CHARLES U. SAMENOW , CONSULTANT , OFFICE OF THE AD- MINISTRATOR , RURAL ELECTRIFICATION ADMINISTRATION ; AND ...
Page 10
... feel that this should be deleted as it was in the corresponding electric bank section . Section 608 ( b ) ( 5 ) , page 47 , lines 4 to 9 , deletes the language which we had incorporated to provide for the possibility of financing tele ...
... feel that this should be deleted as it was in the corresponding electric bank section . Section 608 ( b ) ( 5 ) , page 47 , lines 4 to 9 , deletes the language which we had incorporated to provide for the possibility of financing tele ...
Page 11
... feel that it is more a matter of detail of organization and is not a fundamental or basic consideration in the general thrust of the legislation . So we have no objection to whatever solution the committee sees fit to propose in this ...
... feel that it is more a matter of detail of organization and is not a fundamental or basic consideration in the general thrust of the legislation . So we have no objection to whatever solution the committee sees fit to propose in this ...
Page 12
... feel Mr. Clapp has evidenced any indication of doing that . But if there is any feeling of that kind , if any member of this sub- committee feels that Mr. Clapp ought not to be allowed to say this , the Chair will hold it is out of ...
... feel Mr. Clapp has evidenced any indication of doing that . But if there is any feeling of that kind , if any member of this sub- committee feels that Mr. Clapp ought not to be allowed to say this , the Chair will hold it is out of ...
Page 17
... feel that this is a workable and sound approach to the measure- ment of ability to pay the interest rate involved , whether it be 2 , 4 , or 6 percent , whatever the current market rate is . To attempt to tie it to other criteria which ...
... feel that this is a workable and sound approach to the measure- ment of ability to pay the interest rate involved , whether it be 2 , 4 , or 6 percent , whatever the current market rate is . To attempt to tie it to other criteria which ...
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Expressions et termes fréquents
Allied Telephone amended Arkansas assets Bell System bill budget bylaws CALLAN CATV Chairman CLAPP Class C stock Committee Print CONGRESS THE LIBRARY cooperatives corporations DOLE electric bank entities and organizations equity facilities filibuster fiscal FULLARTON GATHINGS going GRESS THE LIBRARY HARMON HARVEY of Indiana Independent Telephone Association interest language legislation LIBRARY OF CONGRES LIBRARY OF CONGRESS million objection percent PETERSON POAGE power companies Puerto Rico Telephone purposes questions RALPH HARVEY REA borrowers REA loan REA program REA telephone borrowers RESS rural areas Rural Electrification Act Rural Electrification Administration rural telephone account SANTIAGO POLANCO-ABREU Secretary section 201 subcommittee supplemental financing TEAGUE of California tele Telephone Bank Board telephone companies telephone debentures telephone industry telephone loans telephone program telephone section telephone service telephone side territory Thank thing tion Treasury trying United States Independent vote WILBORN witness
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 - ... is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
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 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 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 that...
Page 7 - Loans under this section and section 5 shall not be made unless the Administrator finds and certifies that in his judgment the security therefor is reasonably adequate and such loan will be repaid within the time agreed.
Page 3 - Authority, its property, its franchise, capital, reserves, surplus, security holdings, and other funds, and its income shall be exempt from all taxation now or hereafter imposed by the United States or by any State or local taxing authority...
Page 4 - The Telephone Bank Board shall prescribe bylaws, not inconsistent with law, regulating the manner in which the telephone bank's business shall be conducted, its directors and officers elected, its stock issued, held, and disposed of, its property transferred, its bylaws amended, and the powers and privileges granted to it by law exercised and enjoyed.
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 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...