 | Massachusetts - 1894 - 760 pages
...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 same, shall not be considered as money borrowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of its business to an... | |
 | United States. Department of Justice - 1909 - 732 pages
...discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by...same, shall not be considered as money borrowed." Section 5202, Revised Statutes, enacts : " No association shall at any time be indebted, or in any... | |
 | United States - 1917 - 706 pages
...company, but the discount of bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by...person negotiating the same shall not be considered as borrowed money within the meaning of this section. r.,» req ,р^е pecierai reserve bank, as a condition... | |
 | William Lyman Fawcett - 1876 - 300 pages
...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 same, shall not be considered as money borrowed. (SEC. 5201.) No association shall make any loan or discount on the security of the shares of its own... | |
 | 1882 - 664 pages
...discount of bills of exchange drawn in good faith against actual existing values, and the discount of commercial or business paper actually owned by...same, shall not be considered as money borrowed." US Rev. Stat., £ 5200. These drafts had no valid or legal inception until they were discounted and... | |
 | Georgia - 1876 - 456 pages
...paid in ; but the discount of bills of exchange drawn in good faith, and the discount of commercial paper actually owned by the person negotiating the same shall not be considered as borrowed money. Semiannual SEC. VI. Be it furtlier enacted, That the Directors of said div1dends bank... | |
 | William Lyman Fawcett - 1877 - 302 pages
...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 same, shall not be considered as money borrowed. (SEC. 5201.) No association shall make any loan or discount on the security of the shares of its own... | |
 | William Lyman Fawcett - 1877 - 288 pages
...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 same, shall not be considered as money borrowed. (SEC. 5201.) No association shall make any loan or discount on the security of the shares of its own... | |
 | Irving Browne - 1880 - 638 pages
...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 same, shall not be considered as money borrowed. Thomp. NB Cas. 150, 169, 175, 396, 488, 888, 869 ; ante, 400. Associations not to loan upon, or purchase... | |
 | 1881 - 1014 pages
...capital stock paid in. But bills discounted bona fide against existing values, and discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money loaned. Under this section it has generally been held that when such loans have actually been made,... | |
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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. 
