Gesetz betreffend Kinderarbeit in gewerblichen Betrieben

The work of the Stock Exchange

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Monograph

Identifikator:: 882692321

URN:: urn:nbn:de:zbw-retromon-5020

Document type:: Monograph

Author:: Agahd, Konrad http://d-nb.info/gnd/116256575; Schulz, Max von http://d-nb.info/gnd/1033198951

Title:: Gesetz betreffend Kinderarbeit in gewerblichen Betrieben

Edition:: Zweite Auflage, neub bearbeitet

Place of publication:: Jena

Publisher:: Verlag von Gustav Fischer

Year of publication:: 1904

Scope:: 1 Online-Ressource (X, 168 Seiten)

Digitisation:: 2017

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Zweiter Teil. Kommentar zum Reichsgesetz, betreffend Kinderarbeit in gewerblichen Betrieben vom 30. März 1903

Collection:: Economics Books

SECURITY DELIVERIES, LOANS, AND TRANSFERS 373 Notifying the Stock Clearing Corporation.—The bor- rower’s representative next takes the two forms of the new loan agreement, which have by this time been signed by both borrower and lender, to the Stock Clearing Corporation. He delivers them at the particular cage there where the account of the borrower as a clearing member is kept, and the clerk in the cage files them for future reference. Thus, the Stock Clear- ing Corporation is officially notified that it must be prepared to act as agent for borrower and lender in handling the loan about to be made. Under certain circumstances, however, the Stock Clearing Corporation reserves the right to refuse to act. in which case the loan must be made “ex.” Representatives of lending institutions usually pay three calls a day at the Stock Clearing Corporation; at 10:00 A.M. and 12:30 P.M. for paid-off loans and at 2 :30 for new loans. With new loans, they bring forms of the new loan agreement previously detached and retained at the lender’s office, as well as the check of the lending institution made out payable to the Stock Clearing Corporation for the account of the borrower, for the principal of the new loan to be made. It may be that all the securities to be used as collateral for the new loan have already been deposited with the Stock Clearing Corporation as the result of a previous loan which the Corporation already has paid off in behalf of the borrower. Making the New Loan.—In consequence of the lender having shown that he has approved the collateral pledged for the loan by signing the new loan agreement, the lender’s rep- resentative has only to see that the securities he obtains are identical with those stated upon the new loan agreement form which he has, and that the certificates are in such negotiable shape as to conform with his requirements. About 2 :30 P.M., therefore, the lender’s representative obtains the security col- lateral for the new loan from the cage where the borrowing clearing member’s account is kept, and at the same time de- livers to the clerk in that cage the check of the lending insti-

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