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" ... the discount of bills of exchange drawn in good faith against actually existing values. "
The Banking Law Passed by the General Assembly of the State of Rhode Island ... - Page 52
by Rhode Island - 1908 - 61 pages
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Statutes of the United States of America

United States - 1917 - 706 pages
...or trust company in an amount greater than ten per centum of the capital and surplus of such State bank or trust company, but the discount of bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by...
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The N.Y. Weekly Digest of Cases Decided in the U.S. Supreme ..., Volume 14

1882 - 664 pages
...time exceed 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 actual existing values, and the discount of commercial or business paper actually owned by the person...
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Executive Documents, Minnesota ..., Volume 2

Minnesota - 1883 - 882 pages
...restriction 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...
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The Pacific Reporter, Volume 26

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 be considered...
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Journal of the Senate of the State of Vermont: Biennial Session

Vermont. General Assembly. Senate - 1886 - 416 pages
...consent of a majority of the directors; provided that the discount of dona fide bills of exchange, drawn against actually existing values and the discount of commercial or business paper, actually owned by such director, officer or employe negotiating the same, shall not be considered as money borrowed;...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - 1888 - 712 pages
...time exceed one tenth part of the amount of the capital stock of such association actually paid in.3 But the discount of bills of exchange drawn in good faith against actually existing values, and the 1 § 128. Kansas Valley Bank v. Rowell, 2 Dill. 371. 2 § 129. » See Ultra vires, Legislative Intent....
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1889 - 724 pages
...bank or corporation exceed fifty (50) per cent. of the paid up capital of" said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed....
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - 1889 - 120 pages
...capuns'ofexcî'mn!ïefi^al Ktoc^ of such association actually paid in. But the dis etc., not » loan. connt of ijiiis of exchange drawn in good faith against actually existing values, and the discount of commercial от business paper actually owned by the person negotiating the same, shall not be considered as money...
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - 1891 - 966 pages
...of the capital stock of this corporation as is actually paid up, and one-tenth part of its deposits. But the discount of bills of exchange drawn in good...commercial or business paper actually owned by the party negotiating the same, shall not be considered as money borrowed. Sect. 9. The capital stock of...
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The Compiled Statutes of the State of Nebraska, 1881

Nebraska - 1891 - 1278 pages
...bank or corporation, exceed fifty (50) per cent of the paid up capital of said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed....
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