Loans by Reconstruction Finance Corporation to Assist in National Defense Program; Partial Retirement of Stock of Reconstruction Finance Corporation and Federal Farm Mortgage Association [sic].: Hearings Before the Committee on Banking and Currency, House of Representatives, Seventy-sixth Congress, Third Session, on H.R. 9687 (superseded by H.R. 9958). May 13,14,15,20,22,23,24, 1940U.S. Government Printing Office, 1940 - 129 pages |
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Expressions et termes fréquents
60 percent action agencies aggregate amount amendment amortized application appraised value approval assets associations BANKING AND CURRENCY bill BLACK bonds borrow capital notes capital stock capital structure CHAIRMAN collateral Comptroller Congress correct CRAWFORD debentures debt limit DELANO directors dividends exceed existing law Farm Credit Administration Farm Mortgage Corporation Federal Farm Mortgage Federal home-loan banks Federal land banks Federal Loan Administrator fees figures FOLEY FORD foreclosure funds GIFFORD give Government HAMILTON increase insurance companies investment January 31 JONES legislation lend loan banks losses ment MILLS Miss SUMNER MURPHY national banks obligations outstanding PARTIAL RETIREMENT PATMAN payments preferred stock present President proposed provision purchase of preferred purpose question railroads raising the debt real estate real-estate loans reason Reconstruction Finance Corporation reduce request SACKS SCHRAM second mortgage Secretary SPENCE subscribed surplus tion Treasury Department understand WILLIAMS WOLCOTT
Fréquemment cités
Page 28 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Page 26 - Such debentures shall be exempt, both as to principal and interest, from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by any Territory, dependency, or possession of the United States, or by the District of Columbia, or by any State, county, municipality, or local taxing authority...
Page 26 - The amount of notes, bonds, debentures, and other such obligations which the Reconstruction Finance Corporation is authorized and empowered to issue and to have outstanding at any one time under existing law is hereby increased by an amount sufficient to carry out the provisions of this section.
Page 27 - Act; and the amount of notes, bonds, debentures, and other such obligations which the Reconstruction Finance Corporation is authorized to issue and to have outstanding at any one time under existing law is hereby increased by an amount sufficient to carry out the provisions of this subsection.
Page 50 - ... any such loan may be made in an amount not to exceed 60 per centum of the appraised value of the real estate offered as security...
Page 28 - ... any national banking association may purchase any obligation so secured when the entire amount of such obligation is sold to the association.
Page 28 - ... years if the loan is secured by an amortized mortgage, deed of trust, or other such instrument under the terms of which the installment payments are sufficient to...
Page 29 - ACT To provide emergency financing facilities for financial institutions, to aid in financing agriculture, commerce, and industry, and for other purposes...
Page 13 - No. 1, of the Seventy-third Congress, or until this Act shall be declared no longer operative by proclamation of the President, and notwithstanding any other provision of any other law, If, In the opinion of the Secretary of the Treasury, any insurance company of any State of the United States...
Page 28 - A loan secured by real estate within the meaning of this section shall be in the form of an obligation or obligations secured by a mortgage, trust deed, or other instrument upon real estate, which shall constitute a first lien on real estate in fee simple or, under such rules and regulations as may be prescribed by the Comptroller of the Currency, on a leasehold...