Intermediate Credit Corporation: Hearings ... Seventy-fourth Congress, First Session on H.R. 5918, a Bill to Provide for the Creation of an Intermediate Credit Corporation for Commerce and Industry, to Aid in Financing Small and Medium Sized Commercial and Industrial Establishments, and for Other Purposes, Partie 1U.S. Government Printing Office, 1935 - 204 pages |
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Page 15
Mr. Sisson . Suppose you had two officers in a corporation , and it was practically a personal corporation , where the stock was closely held , and those two officers owned , we will say , more than 50 percent of the stock , and they ...
Mr. Sisson . Suppose you had two officers in a corporation , and it was practically a personal corporation , where the stock was closely held , and those two officers owned , we will say , more than 50 percent of the stock , and they ...
Page 16
They do not know what industrial securities are . 1 The CHAIRMAN . Who makes that statement ? Dr. BECKMAN . A manufacturer . There are excerpts here from communications from 50 out of 143 who have specifically complained . Mr. Sisson .
They do not know what industrial securities are . 1 The CHAIRMAN . Who makes that statement ? Dr. BECKMAN . A manufacturer . There are excerpts here from communications from 50 out of 143 who have specifically complained . Mr. Sisson .
Page 17
Mr. Sisson . There are not any employees there who would give that assistance ? Dr. BECKMAN . Not on the basis of the investigation . Mr. FORD . At the R. F. C. office in Los Angeles they will do this . There have been a number of ...
Mr. Sisson . There are not any employees there who would give that assistance ? Dr. BECKMAN . Not on the basis of the investigation . Mr. FORD . At the R. F. C. office in Los Angeles they will do this . There have been a number of ...
Page 19
Mr. Sisson . Along with Mr. Gifford's suggestion , have you included commitments ? Dr. BECKMAN . No. Mr. Sisson . In order to present a complete picture , have you not got to show how much the R. F. C. had in commitments ?
Mr. Sisson . Along with Mr. Gifford's suggestion , have you included commitments ? Dr. BECKMAN . No. Mr. Sisson . In order to present a complete picture , have you not got to show how much the R. F. C. had in commitments ?
Page 20
Mr. Sisson . It may be that they do not follow a hard and fast rule . But I understand , and I should think , as has been said , that the R. F.C. should require , and I think the law binds them to require , that anything in the nature ...
Mr. Sisson . It may be that they do not follow a hard and fast rule . But I understand , and I should think , as has been said , that the R. F.C. should require , and I think the law binds them to require , that anything in the nature ...
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able agency amount application appraisal association authority bank bankers BECKMAN believe bill Board bonds borrow building BULLOCK capital carry CAVICCHIA CHAIRMAN City closed committee concerns Congress Corporation course Credit Corporation DEATON establish experience fact Federal Reserve feel fellow Finance FORD GIFFORD give Government House industry institution interest intermediate credit Jones KENNEDY kind KOPPLEMANN lend less loans manufacturers MARTIN Marx matter mean Members merchants months mortgage necessary notes obligations operate organization paid particular passed percent plant possible practically present President probably question real estate reason received referred REILLY savings Sisson situation small business statement tell thing tion trying United Washington York