 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.  The Laws of Wisconsin - Page 655by Wisconsin - 1897Full view - About this book
 | Kentucky - 1918 - 808 pages
...Provided, that the discount of bills of exchange drawn against actually existing value and the purchase or discounting of commercial or business paper actually...person negotiating the same shall not be considered as borrowed money within the meaning of this section in fixing the limit of indebtedness of any person,... | |
 | 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
...shall in no event exceed thirty per centum of the capital stock of the association. 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... | |
 | 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... | |
 | 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 - 1876 - 300 pages
...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 actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not... | |
 | William Lyman Fawcett - 1877 - 288 pages
...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 actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not... | |
 | William Lyman Fawcett - 1877 - 302 pages
...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 actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not... | |
 | Irving Browne - 1880 - 638 pages
...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 actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not... | |
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