Board of Directors Central Bank for Cooperatives: Hearing Before a Subcommittee of ..., 86-2 on S. 2977 ..., April 7, 19601960 - 28 σελίδες |
Συχνά εμφανιζόμενοι όροι και φράσεις
12 district banks 12 farm credit 13th member 1933 to provide agricultural credit amend the Farm amount appointed director appointed or elected approval Bank is reduced banks for cooperatives bill board members Board of Directors borrowing cooperatives Central Bank Board Chairman class C stock cooperative associations dairy cooperative DALEY director at large director elected district board district farm credit elected directors election or appointment eligible to vote enactment Farm Bureau Farm Credit Act Farm Credit Administration Farm Credit Board farm credit districts Farm Credit System Farmer Cooperatives Federal Farm Credit Federal land bank full terms Government capital Government-owned stock Governor Tootell HEITZ Houston Bank increase the number JOHN SHERMAN COOPER legislation National Grange NEWSOM number of directors one-third or less operations production credit associations reduced to one-third regional banks representation by regional RIGGLE Senator HOLLAND SPESSARD L statement stock class stockholders surplus and reserve tives total net worth
Δημοφιλή αποσπάσματα
Σελίδα 7 - To fulfill these purposes, the country is divided into 12 Farm Credit Districts. At the same location in each district there is a Federal land bank, a Federal intermediate credit bank, and a bank for cooperatives. There is also a Central Bank for Cooperatives in Denver, Colorado.
Σελίδα 28 - ... represent the public interest. Since the cooperative associations who are the stockholders of the district banks are in the process of acquiring and will own ultimately all of the capital stock of the district banks, and since they are now exercising increased participation in the management and control of the institutions operating under the supervision of the Farm Credit Administration in accordance with the Farm Credit Act of 1955, it is our belief that their best interests will be served...
Σελίδα 3 - Any person who is a member of a district farm credit board when appointed as a member of the Federal Farm Credit Board shall resign as a member of the district board before assuming his duties as a member of the Board.
Σελίδα 9 - ... a board of 7 district directors in each of these 12 districts. Five of these directors are elected by the users of the system, two by the national farm loan associations, two by the production credit associations, one at present by the borrowers from the banks for cooperatives. Two of the seven are appointed by the Governor of the Farm Credit Administration, with the approval of the Federal Farm Credit Board. The 7 directors mentioned comprise the policymaking board and serve ex officio as the...
Σελίδα 3 - ... of said bank shall equal or exceed 66% per centum of the total capital stock, subscriptions to the guaranty fund, surplus and reserves of...
Σελίδα 2 - ... by the Farm Credit Administration, the sum of the capital stock and subscriptions to the guaranty fund of the central bank held by persons other than the Governor...
Σελίδα 7 - Under the general supervision of the Federal Farm Credit Board, the Governor is responsible for the execution of laws creating the powers, functions, and duties of the Farm Credit Administration.
Σελίδα 3 - ... are elected. No person shall be eligible for nomination, election, or appointment as a director if such person has within one year next preceding the commencement of the term been a salaried officer or employee of the Farm Credit Administration or of any corporation operating under its supervision. Any person who is a member of the Federal Farm Credit Board or a district farm credit board when appointed or elected as director shall resign as a member of the Federal Farm Credit Board or the district...
Σελίδα 7 - Farm Credit Administration. The Farm Credit Administration is an independent agency in the executive branch of the Government.
Σελίδα 3 - Any vacancies that may occur in the board of directors shall be filled for the unexpired term in the manner provided herein for the original selection of such directors.