 | 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... | |
 | Wisconsin - 1935 - 1308 pages
...amount of capital and surplus of such bank, and in the case of a municipal corporation twenty-five per cent of the amount of capital and surplus of such bank, but obligations of any person, copartnership, association, or corporation secured by the warehouse receipts... | |
 | 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 - 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... | |
 | 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... | |
 | 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... | |
 | Minnesota - 1883 - 882 pages
...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... | |
 | National Board of Trade (U.S.) - 1885 - 230 pages
...is placed upon the first part. The latter part of the section reads as follows : " 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... | |
 | A.S. Pratt & Sons - 1886 - 252 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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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. 
