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" 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... "
Annual Report of the North Carolina Corporation Commission for the Year ... - Halaman 25
oleh North Carolina. Corporation Commission - 1901
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Journal of the Senate of the State of Vermont: Biennial Session

Vermont. General Assembly. Senate - 1886 - 416 halaman
...consent of a majority of the directors; provided that the discount of dona fide bills of exchange, drawn against actually existing values and the discount of commercial or business paper, actually owned by such director, officer or employe negotiating the same, shall not be considered as money borrowed;...
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A Treatise on the Law of Banks and Banking, Volume 2

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....
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

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....
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Extracts from the Laws of the United States Relating to Currency and Finance

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...
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

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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Annual Report of the Commissioner of the Banking Department of ..., Volume 25

Michigan. State Banking Department - 1914 - 748 halaman
...paper. The borrower may be the maker or the endorser. Pratt's Digest, 94. Our statute provides that in the discount of commercial or business paper actually owned by the person negotiating the same, it shall not be considered as money borrowed. The application of this provision, in my opinion, relates...
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - 1891 - 966 halaman
...of the capital stock of this corporation as is actually paid up, and one-tenth part of its deposits. But the discount of bills of exchange drawn in good...commercial or business paper actually owned by the party negotiating the same, shall not be considered as money borrowed. Sect. 9. The capital stock of...
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Journal of the Senate of the General Assembly, Bagian 37

Illinois. General Assembly. Senate - 1891 - 1328 halaman
...clause 7th, at lino 28, the following; words: "And, provided furtlier, "that the discount of bills o! exchange drawn in good faith, against actually existing...commercial or business paper actually owned by the person, firm, company or corporation negotiating the same, shall not he considered as prohibited by this section."...
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The Compiled Statutes of the State of Nebraska, 1881

Nebraska - 1891 - 1278 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....
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Consolidated Statutes of Nebraska, 1891: Being a Compilation of All the Laws ...

Nebraska, Joseph Elliott Cobbey - 1891 - 1382 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....
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