 | Isaac Grant Thompson - 1878 - 1018 pages
...(US), p. 998. By section 5136 of the Revised Statutes, authority is given to tho banking associations " to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the bnsincss of banking, by discounting and negotiating promissory notes, drafts, bills... | |
 | 1881 - 982 pages
...Business. — (i.) The Statute. — By the statute governing national banks, power is conferred upon them " to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking: (i) by discounting and negotiating drafts, bills of exchange,... | |
 | George Washington Field - 1881 - 620 pages
...upon the subject are as follows: " Section 5136." Every national banking association is authorized "to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banki'1") °J discounting and negotiating promissory notes, drafts, bills... | |
 | 1881 - 1014 pages
...Business. — (i.) The Statute. — By the statute governing national banks, power is conferred upon them " to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking: (l) by discounting and negotiating drafts, bills of exchange,... | |
 | 1904 - 910 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 agente, subject to law, all such incidental powers a« shall be necessary to carry on the business... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 784 pages
...places. Sixth. To prescribe, by its board of directors, by-laws not inconsistent with law. Seventh. To exercise, by its board of directors or duly authorized...law, all such incidental powers as shall be necessary to carry on their business of banking, by discounting and negotiating promissory notes, drafts, bills... | |
 | United States. Comptroller of the Treasury - 1885 - 414 pages
...See First National Bank against National Exchange Bank, 92 US Reports, page 126: "A National Bank can exercise by its Board of Directors, or duly authorized officers or agents, subject to law, all snch incidental powers as shall be necessary to carry on the business of banking, by discounting and... | |
 | New Hampshire. Supreme Court - 1887 - 702 pages
...LXII), declaring that any association organized under the act shall be a body corporate, and " may exercise by its board of directors, or duly authorized...agents, subject to law, all such incidental powers as may be necessary to carry on the business of banking, by discounting and negotiating promissory notes,... | |
 | Michigan - 1887
...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 powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory... | |
 | Arkansas. Supreme Court - 1918 - 638 pages
...under consideration the Revised Statutes of the United States empowering a national banking association "to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking," etc. Chief Justice Fuller, speaking for the court, in the course... | |
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Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be necessary to carry on the business of banking within the limitations... 
