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" To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange,... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lxvii
by Michigan. Banking Division - 1913
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

1879 - 1110 pages
...by their boards of directors, or officers, rihjeet to law, such incidental powers as are necessary to carry on the business of banking ; by discounting and negotiating promissory notes and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin, and bullion...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, checks, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling...
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The National Quarterly Review, Volumes 11-12

1865 - 838 pages
...compliance with all the requirements of the act, corporate powers are granted for the term of twenty years to carry on the business of banking by discounting...negotiating promissory notes, drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; buying and selling exchange, coin, and bullion...
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The National quarterly review, ed. by E.I. Sears, Volumes 10-11

Edward Isidore Sears - 1865 - 858 pages
...compliance with all the requirements of the act, corporate powers are granted for the term of twenty years to carry on the business of banking by discounting...negotiating promissory notes, drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; buying and selling exchange, coin, and bullion...
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 21; Volume 88

United States. Supreme Court - 1875 - 732 pages
...issue letters of credit. They have power to exercise "iill such incidental powers as shall bo necessary to carry on the business of banking; by discounting...negotiating promissory notes, drafts, bills of exchange and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion;...
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The Merchants' Magazine and Commercial Review, Volume 54

William B. Dana - 1866 - 496 pages
...national currency. The associations also poseeos nil the powert* necessary for carrying on the budines of banking, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidence* of debt ; and by receiving depositĀ«, buying and selling exchange, coin and bullion...
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The Merchants' Magazine and Commercial Review, Volume 56

1867 - 498 pages
...National Currency act confers upon national banks "all such incidental powers as shall be necessary to carry on the business of banking, by discounting and negotiating promissory notes, drafts, bills &f exchange and other evidences of debt," aod closes with this provision : " And its usual business...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking by discounting...negotiating promissory notes, drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin, and bullion...
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Wisconsin Session Laws

Wisconsin - 1868 - 1516 pages
...circulate as money. The said corporation shall have all such incidental powers as shall be necessary to carry on the business of banking, by discounting...and negotiating promissory notes, drafts, bills of eichange and other evidences of debt; by receiving deposits, and paying interest therefor; by buying...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary legislative assembly here- HIĀ» powers and inafter...constituted, nnd all the acts and proceedings of the govern and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin and bullion...
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