Providing for Control and Regulation of Bank Holding Companies, Hearings Before ..., 80-1 on S. 829 ..., May 26, June 2 and 11, 19471947 - 186 pages |
From inside the book
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Page 5
... facts , if supported by substantial evidence , shall be conclusive . If application is made to the court for leave to adduce additional evidence , and it is shown to the satisfaction of the court that such additional evidence is ...
... facts , if supported by substantial evidence , shall be conclusive . If application is made to the court for leave to adduce additional evidence , and it is shown to the satisfaction of the court that such additional evidence is ...
Page 7
... fact that " We have a bill that everybody is for . " I told them that if they did , I did not think it was worth very much . My experience with legislation has been that everyone being for it made me suspicious . I like something that ...
... fact that " We have a bill that everybody is for . " I told them that if they did , I did not think it was worth very much . My experience with legislation has been that everyone being for it made me suspicious . I like something that ...
Page 12
... fact , it is at the same time exercising most effective control . The case in which regulation is most necessary is usually the case in which the attempt is made to take advantage of the existing definition to escape regulation . The ...
... fact , it is at the same time exercising most effective control . The case in which regulation is most necessary is usually the case in which the attempt is made to take advantage of the existing definition to escape regulation . The ...
Page 13
... fact control such banks . Senator BUCK . May I interrupt , Governor Eccles ? How could you control banks if you do not own any shares in the holding company ? Mr. ECCLES . We have several cases where they control the manage- ment of the ...
... fact control such banks . Senator BUCK . May I interrupt , Governor Eccles ? How could you control banks if you do not own any shares in the holding company ? Mr. ECCLES . We have several cases where they control the manage- ment of the ...
Page 27
... fact , in order to get banking service in the past , that is very often the only way they could get it . The local community was entirely unable to provide their own banks . You had to have it . On the other hand , take New York State ...
... fact , in order to get banking service in the past , that is very often the only way they could get it . The local community was entirely unable to provide their own banks . You had to have it . On the other hand , take New York State ...
Common terms and phrases
acquire affiliates amendments American General Corp approval assets authority bank holding company Bank of America bank stocks Bankers Association Banking Act banking business BEASLEY bill branch banking Calif certificates CHAIRMAN comakers committee Comptroller Congress controlled banks Currency Deposit Insurance Corporation directors dividends ECCLES existing fact FDIC Federal Deposit Insurance Federal Reserve Act Federal Reserve Board Federal Reserve System Giannini holders Holding Company Act HUNTINGTON independent bankers Industrial Bank interest Investment Company Act Kentucky legislation loan majority member banks ment monopoly Morris Plan banks Morris Plan Corp National Bank nonbanking officers operations pany percent person president purchase purpose referred registered investment company regulation Reserve Act 12 Senator BUCK Senator CAIN Senator FLANDERS Senator ROBERTSON shareholders Shawmut Association Spokane statement Statutes stockholders subsidiary banks thereof tion TOBEY Total Transamerica trust estate Trustees United States Senate voting permit voting shares
Popular passages
Page 8 - If any provision of this Act or the application of such provision to any person or circumstance shall be held invalid, the remainder of the Act and the application of such provision to persons or circumstances other than those as to which it is held invalid shall not be affected thereby.
Page 6 - That any person who shall neglect or refuse to attend and testify, or to answer any lawful inquiry, or to produce documentary evidence, if in his power to do so, in obedience to the subpoena or lawful requirement of the commission...
Page 6 - No objection to the order of the Board shall be considered by the court unless such objection shall have been urged before the Board or unless there were reasonable grounds for failure so to do.
Page 6 - If either party shall apply to the court for leave to adduce additional evidence, and shall show to the satisfaction of the court that such additional evidence is material and that there were reasonable grounds for failure to adduce such evidence in the hearing...
Page 6 - ... and any failure to obey such order of the court may be punished by such court as a contempt thereof. All process in any such case may be served in the judicial district whereof such person is an inhabitant or wherever he may be found.
Page 90 - 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 6 - Commission, on the ground that the testimony or evidence, documentary or otherwise, required of him, may tend to incriminate him or subject him to a penalty or forfeiture; but no individual shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter, or thing concerning which he is compelled, after having claimed his privilege against self-incrimination...
Page 5 - Commission or any officer designated by it is empowered to administer oaths and affirmations, subpena witnesses, compel their attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, or other records which the Commission deems relevant or material to the inquiry.
Page 6 - Board, its member, agent, or agency, there to produce evidence if so ordered, or there to give testimony touching the matter under investigation or in question ; and any failure to obey such order of the court may be punished by said court as a contempt thereof.
Page 7 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares, and give one candidate as many votes as the number of directors multiplied by the number of his shares of stock shall equal, or to distribute them on the same principle among as many candidates as he shall think fit; and such directors or managers shall not be elected in any other manner.