 But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.  Public Documents of Massachusetts - Halaman lioleh Massachusetts - 1894Tampilan utuh - Tentang buku ini
 | Illinois - 1887 - 360 halaman
...shall at no time exceed one-tenth part of the amount of capital of such association actually paid in. But the discount of bills of exchange drawn in good...the same, shall not be considered as money borrowed. § 11. Associations may be organized under this act in incorporated towns, villages, or cities of not... | |
 | A.S. Pratt & Sons - 1886 - 252 halaman
...time exceed one-tenth part of the amount of the capital stock of such association actually paid in. But the discount of bills of exchange drawn in good...the same, shall not be considered as money borrowed. 44 excess of the limit would be in violation of the letter of the law. There is no specific penalty... | |
 | Illinois - 1887 - 2194 halaman
...in. But the discount of bills of exchange drawn in gix>d faith, against actually existing values, aud the discount of commercial or business paper actually...the same, shall not be considered as money borrowed. 11. Capital stock — impairment thereof. §11. Associations may be organized under this act in incorporated... | |
 | Illinois. General Assembly. Senate - 1888 - 1248 halaman
...no time exceed one-tenth part of the amount of capital stock of such association actually paid in. But the discount of bills of exchange drawn, in good...same, shall not be considered as money borrowed." The question then being, "Shall the foregoing Senate Bill No. 251, be engrossed, as amended, and placed... | |
 | John Torrey Morse (Jr.) - 1888 - 712 halaman
...time exceed one tenth part of the amount of the capital stock of such association actually paid in.3 But the discount of bills of exchange drawn in good faith against actually existing values, and the 1 § 128. Kansas Valley Bank v. Rowell, 2 Dill. 371. 2 § 129. » See Ultra vires, Legislative Intent.... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1889 - 928 halaman
...the liabilities of its several members, shall at no time exceed one-fifth part of such amount of the capital stock of this corporation as is actually paid...negotiating the same, shall not be considered as money boiTowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of its business... | |
 | Illinois - 1889 - 2184 halaman
...at no time exceed one-tenth part of the, amount of capital of such association actually paid in. Hut the discount of bills of exchange drawn in good faith",...the same, shall not be considered as money borrowed. 11. Capital stock — impairment thereof. §11. Associations may be organized under this act in incorporated... | |
 | Nebraska - 1889 - 724 halaman
...bank or corporation exceed fifty (50) per cent. of the paid up capital of" said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed.... | |
 | United States - 1889 - 90 halaman
...such association actually paid in: Provided, that the discount of bond fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. [Section... | |
 | United States - 1889 - 120 halaman
...capuns'ofexcî'mn!ïefi^al Ktoc^ of such association actually paid in. But the dis etc., not » loan. connt of ijiiis of exchange drawn in good faith against actually existing values, and the discount of commercial от business paper actually owned by the person negotiating the same, shall not be considered as money... | |
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