Proceedings of the ... Annual Convention of the Investment Bankers Association of America, Հատոր 11

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Common terms and phrases

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Էջ 196 - ... any income return or copy thereof or any book containing any abstract or particulars thereof to be seen or examined by any person except as provided by law; and it shall be unlawful for any person to print or publish in any manner whatever not provided by law any income return or any part thereof or source of income, profits, losses, or expenditures appearing in any income return...
Էջ 192 - State, but without discrimination against income derived from such securities and in favor of income derived from securities issued, after the ratification of this article, by or under the authority of the United States or any other State.
Էջ 196 - ... or by imprisonment not exceeding one year, or both, at the discretion of the court; and if the offender be an officer or employee of the United States he shall be dismissed from office or discharged from employment.
Էջ 53 - ... so that carriers as a whole (or as a whole in each of such rate groups or territories as the Commission may from time to time designate) will, under honest, efficient and economical management and reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net, railway operating income equal, as nearly as may be, to a fair return upon the aggregate value of the railway property of such carriers held for and used in the service of transportation...
Էջ 275 - In order to promote the general welfare and usefulness of banks and banking institutions, and to secure uniformity of action, together with the practical benefits to be derived from personal acquaintance and from the discussion of subjects of importance to the banking and commercial interests of the country, and especially in order to secure the proper consideration of questions regarding the financial and commercial usages, customs and laws which affect the banking interests of the entire country,...
Էջ 276 - Council and shall hold office for one year or until their successors are elected.
Էջ 193 - ... refers to a situation in which the division of revenue sources and expenditure functions between the federal government on the one hand and the State Governments on the other...
Էջ 192 - Congresses98 that such a situation should be condemned for eight reasons: • 1. A large portion of property escapes taxation, thereby causing great loss of revenue. 2. It violates the ability principle of taxation and unfairly discriminates between taxpayers. 3. It impedes private financing. 4. It discourages investment in new enterprises. 5. It encourages extravagances of governmental agencies.
Էջ 217 - Are you ready for the question? It has been moved and seconded that Suggestions to Users of Telephones be accepted for submission to letter ballot for inclusion in the Manual.
Էջ 142 - The motion was seconded. THE PRESIDENT. — It is moved and seconded that the report of the Board be accepted by this meeting, and that a letter-ballot be ordered issued.

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