Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" to destroy the force and effect of the limitation Itself. The exceptions to which I refer relate to the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper, actually owned... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xxvii
by Michigan. Banking Division - 1926
Full view - About this book

Money and Banking, Illustrated by American History

Horace White - 1908 - 506 pages
...more than one-tenth of its capital to one person, corporation, or firm, directly or indirectly. But the discount of bills of exchange drawn in good faith...commercial or business paper actually owned by the Restrictions. ... No bank can become indebted to an amount exceeding its unimpaired capital except...
Full view - About this book

Acts of the State of Ohio, Volume 99

Ohio - 1908 - 712 pages
...of the paid-up capital and surplus of such corporation. But the discount of bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person, company, corporation or firm negotiating the same shall not be considered as money borrowed. SECTION...
Full view - About this book

Documentary Source Book of American History, 1606-1898, Volume 10

William MacDonald - 1908 - 648 pages
...such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. SEC....
Full view - About this book

Annual Report [etc.] on State Banks, Mutual Savings Banks and ..., Issue 13

Wisconsin. Banking Dept - 1908 - 606 pages
...time exceed thirty per cent. of the amount of capital and surplus of such bank ; but the discounting of bills of exchange drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by the person negotiating the same, shall...
Full view - About this book

Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1909 - 612 pages
...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...actually owned by the person negotiating the same, shall not be considered as money borrowed. 1 ' This provision, as found in our (îeneral Hanking Law...
Full view - About this book

Session Laws

Wyoming - 1909 - 314 pages
...unimpaired amount thereof may be considered as capital stock in determining the maximum of any loan. But the discount of bills of exchange, drawn in good faith...actually owned by the person negotiating the same, shall not be considered as money borrowed." SUBJECT TO FINE. Sec. 2. Any bank, savings association...
Full view - About this book

Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1909 - 630 pages
...interested, to such a bank, exceed fifty per cent (50 per cent) of the paid up capital of said bank. But the discount of bills of exchange drawn in good faith...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same shall not be considered as money borrowed....
Full view - About this book

The General Corporation Law and the Nonprofit Corporations Law ...

California - 1909 - 940 pages
...warehouse receipts and bills of exchange, drawn in good faith against actual existing value or against commercial or business paper actually owned by the person negotiating the same. Loans; securities of corporations. Si.i. fil. .No loan shall lie made by any commercial bank upon the...
Full view - About this book

Laws of Missouri

Missouri - 1909 - 520 pages
...a city having a population of less than one hundred thousand and over seven thousand, are (a) upon commercial or business paper actually owned by the person negotiating the same to such trust company, and are endorsed by such person without limitation, or (b) are secured by collateral...
Full view - About this book

Laws Passed At... Session of the Legislative Assembly of the State of North ...

North Dakota - 1909 - 422 pages
...advance or debt be paid, shall not be considered as money borrowed, and such association may discount commercial or business paper actually owned by the person negotiating the same without it being deemed an addition to the loans to said negotiator. Approved February 18, 1909. BARBERS...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF