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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,... "
Private Laws of the State of North-Carolina Passed by the General Assembly - Page 382
by North Carolina - 1905
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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 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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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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The Merchants' Magazine and Commercial Review, Volume 62

William B. Dana - 1870 - 494 pages
...precision. They are empowered to exercise, underjthe 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, und other evidences of debt; by receiving deposits; by buying and eelbng exchange, coin, and bullion;...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - 1870 - 600 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, drafis, bills of exchange, and other evidences of debt ; by receiving deposits ; by buying and selling...
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Reports of Decisions Rendered in the Circuit and District Courts ..., Volume 2

United States. Circuit Courts, Benjamin Vaughan Abbott - 1871 - 648 pages
...which authorizes such banks to exercise under that act all such incidental powers as shall be necessary to carry on the business of banking, by discounting and negotiating promissory notes, &c., by receiving deposits, by buying and selling exchange, &c., by loaning money on personal secu«ity,...
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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 "all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bilU of exchange and other evidences of debt; by receiving deposits; by buying and selling exchange,...
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The American Law Register, Volume 15

1876 - 816 pages
...p. 998). By section 5, 13G of the Revised Statutes, authority is given to the banking associations " 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...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1876 - 300 pages
...general business conducted, and the privileges granted to it by law exercised and enjoyed. Seventh. 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...
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