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" bonds of them and fix the penalty thereof, dismiss said officers or any of them at pleasure, and appoint others 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... "
The Statutes at Large, Treaties, and Proclamations of the United States of ... - Page 101
by United States - 1866
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United States Reports: Cases Adjudged in the Supreme Court, Volume 70

United States. Supreme Court - 1870 - 862 pages
...apparent from them. These associations possess, under the act, all the powers necessary for carrying on the business of banking, by discounting and negotiating...exchange, and other evidences of debt; by receiving deposits, buying and selling exchange, coin, and bullion; by lending money on personal security; by...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 164

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 780 pages
...declared "That the banking association shall have power. . . . Third, to make contracts. . . . Seventh, All such incidental powers as shall be necessary to carry on the business of banking ... by loaning money t>n personal security." And section 5137 provides " That a national banking association...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 141

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1891 - 770 pages
...other officers, define their duties, require bonds of them and fix the penalty thereof, dismiss such officers or any of them at pleasure, and appoint others to fill their places. Sixth. To prescribe, by its board of directors, by-laws" not inconsistent with law, regulating the...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 263

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1924 - 854 pages
...incidental power conferred by § 5136, Rev. Stats., by which national banking associations are vested with " all such incidental powers as shall be necessary to carry on the business of banking." The mere multiplication of places where the powers of a bank may be exercised is not,...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 pages
...directors appoint a president, vice-president, cashier, and other officers, define their duties, require bonds of them and fix the penalty thereof, dismiss...act all such incidental powers as shall be necessary ta carry on the business of banking by discounting and negotiating promissory notes, checks, bills...
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The Merchants' Magazine and Commercial Review, Volume 51

1864 - 414 pages
...directors appoint a president, vice-president, cashier, and other officers, define their duties, require bonds of them and fix the penalty thereof, dismiss...exchange, and other evidences of debt; by receiving deposits ; by buying and selling exchange, coin and bullion ; by loaning money on personal security...
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The National quarterly review, ed. by E.I. Sears, Volumes 10-11

Edward Isidore Sears - 1865 - 858 pages
...compliance with all the requirements of the act, corporate powers are granted for the term of twenty years to carry on the business of banking by discounting...exchange, and other evidences of debt; by receiving deposits; buying and selling exchange, coin, and bullion ; loaning money on personal security, and...
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The American Law Register, Volume 5

1866 - 790 pages
...the national currency. (§ 28.) These associations also possess all the powers necessary for carrying on the business of banking, by discounting and negotiating...exchange, and other evidences of debt; by receiving deposits, buying and selling exchange, coin, and bullion ; by loaning money on personal security ;...
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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - 1867 - 494 pages
...January. WASHINGTON, Jan. 8,1867. ) Sec. 8 of the National Currency act confers upon national banks "all such incidental powers as shall be necessary...drafts, bills of exchange and other evidences of debt," and closes with this provision : " And its usual business shall be transacted at an office or banking...
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The Merchants' Magazine and Commercial Review, Volume 56

1867 - 498 pages
...CÜRBENCT, WASHINGTON, Jan. 8,1867. :NCT, ( Sec. 8 of the National Currency act confers opon national banks "all such incidental powers as shall be necessary...discounting and negotiating promissory notes, drafts, bills uf exchange and other evidences of debt." and closes with this provision : " And its usual business...
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