Word: boards
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Dates: during 1920-1929
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...three?removed his coat without aid (none of the White House staff had yet arrived) and laid it neatly on a messenger's desk. Undersecretary of the Treasury Ogden Mills tossed his coat into a chair. So did Roy Archibald Young, governor of the Federal Reserve Board. President Hoover cheerfully greeted his three visitors, led them into the Cabinet room, closed the door...
...atmosphere of a mystery-melodrama was the tax announcement framed. First President Hoover held an early morning White House conference with Secretary Mellon, Undersecretary of the Treasury Ogden Livingston Mills, Governor Roy Archibald Young of the Federal Reserve Board. So early in the morning was it and so unprepared were newsmen for such a development that Governor Young, unrecognized, entered and left the White House without being caught and catechized...
Direction, Procedure, Powers. On these three points the Statute released last week merely confirmed earlier official announcements (TIME, Oct. 28). The Chairman of the Bank will be elected by a Board composed of representatives of the central banks and of Messrs. X and Y. Mere ownership of shares carries no voting rights. These rest permanently with the members of the Board "in proportion to the number of shares subscribed in each country" according to Article...
...founding the Bank, 44% of the stock will be reserved for future purchase (at the discretion of the Board) by minor nations such as, for example, Czechoslovakia...
Rules of procedure allow the Board to meet anywhere in Europe, though they must gather at least four times a year in the Bank headquarters at Basle. Monthly statements and an annual report must be made public...