The authority of the Federal Reserve Banks to issue notes comes from the Federal Reserve Act of 1913. Legally, they are liabilities of the Federal Reserve Banks and obligations of the United States government.
English Meaning: The name Darby is an English baby name. In English the meaning of the name Darby is: Deer Park, from the surname and place name Derby. Also 'Without envy.
Meaning of Philips. English name. In English, the name Philips means-son of philip.The name Philips originated as an English name. The name Philips is most often used as a boy name or male name. English Name Meaning-son of philip. Origin-England.