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" Federal reserve bank shall transact any business except such as is incidental and necessarily preliminary to its organization until it has been authorized by the Comptroller of the Currency to commence business under the provisions of this Act. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xxxvii
by Michigan. Banking Division - 1910
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The Central Law Journal, Volume 43

1896 - 542 pages
...Powers.— Under the provision of the national banking law (Rev. St. U. 8. § 5186) that "no association shall transact any business, except such as Is Incidental...organization, until it has been authorized by the comptroller of the currency to commence the business of banking," a lease by an association formed...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1876 - 300 pages
...obtaining, issuing and circulating notes according to the provisions of this Title. But no association shall transact any business except such as is incidental...organization, until it has been authorized by the Comptroller of the Currency to commence the business of banking. (SEC. 5137.) A national banking association...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 302 pages
...obtaining, issuing and circulating notes according to the provisions of this Title. But no association shall transact any business except such as is incidental...organization, until it has been authorized by the Comptroller of the Currency to commence the business of banking. (SBC. 5187.) A national banking association...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 288 pages
...obtaining, issuing and circulating notes according to the provisions of this. Title. But no association shall transact any business except such as is incidental...organization, until it has been authorized by the Comptroller of the Currency to commence the business of banking. (SEC. 5137.) A national banking association...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 pages
...13, 99, 238, 264, OT6, 319, 837, 373, 375, 482. When may commence business. — But no association shall transact any business except such as is incidental...organization, until it has been authorized by the Comptroller of the Currency to commence the business of banking. Thomp. NB Cas. 145, 612, 822. Power...
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The Supreme Court Reporter, Volume 17

1897 - 1036 pages
...its articles of association and certificate of organization with the comptroller, from transacting "any business, except such as is incidental and necessarily preliminary to its organization," until authorized by the comptroller to begin the business of banking, a lease by a national bank before receiving...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 165

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 784 pages
...corporation, yet, by the last clause of .that section, Congress has ena'cted that "no such association shall transact any business, except such as is incidental...necessarily preliminary to its organization, until it has beei authorized by the Comptroller of the Currency to commence the business of banking." By subsequent...
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Public and Local Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1887
...this restric- Proviso, tion shall not authorize any transaction for a less sum than fifty cents; and no bank shall transact any business except such as...Banking Department to commence the business of banking. SEC. 5. At least fifty per cent of the capital stock of every bank one naif capital shall be paid in...
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Harvard Law Review, Volume 29

1916 - 948 pages
...US 538, 553. REV. STAT., § 5136 (7), US COMP. STAT., 1913, § 9661 (7), reads: "But no association shall transact any business, except such as is incidental...organization, until it has been authorized by the Comptroller of the Currency to commence the business of banking." The association had in this case...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 pages
...obtaining, issuing, and circulating notes, according to the provisions of this act. But no association shall transact any business, except such as is incidental...organization, until it has been authorized by the secretary of the commonwealth to commence the business of banking. 5. A state banking association may...
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