 ... per centum of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values.  Session Laws - Page 32by Wyoming - 1897Full view - About this book
 | 1882 - 664 pages
...thereof, shall at no 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 faith against actual existing values, and the discount of commercial or business paper actually owned by the person... | |
 | Georgia - 1876 - 456 pages
...of Atianta—Charter. exceed one-tenth part of the amount of the capital stock of said Proviso bank 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... | |
 | Minnesota - 1883 - 882 pages
...restriction however the last clause of this section makes two exceptions and only two. First — " The discount of bills of exchange drawn in good faith against actually existing values." Second — " The discount of commercial or business paper actually owned by the person negotiating... | |
 | 1891 - 1170 pages
...part of the amount of the capital stock of midi association actually paid in. But the discount of the bills of exchange drawn in good faith against actually existing values, and the discount of business or commercial paper actually owned by the person negotiating the same, shall not be considered... | |
 | Illinois - 1887 - 2194 pages
...members thereof, 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 gix>d faith, against actually existing values, aud the discount of commercial or business paper actually... | |
 | Georgia - 1887 - 960 pages
...thereof for money borrowed, shall at no time exceed one-tenth part of the capital stock of said bank paid in, but the discount of bills of exchange drawn in good faitUand the discount of commercial paper actually owned by the person negotiating the same, shall... | |
 | John Torrey Morse (Jr.) - 1888 - 712 pages
...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.... | |
 | Nebraska - 1889 - 724 pages
...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 - 120 pages
...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... | |
 | Irving Browne - 1889 - 824 pages
...corporation or firm for money borrowed, including in them " the liabilities of the several members thereof, shall at no time exceed one-tenth part " of the capital stock actually paid in, does not prevent a bank from recovering of a person to whom it has lent a sum greater than ten per... | |
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