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" The object of this provision of the statute was to guard National banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount the discount of paper used and required in facilitating the transfer of property and... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xix
by Michigan. Banking Division - 1905
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1910 - 652 pages
...this provision of the statute was to guard National banks from the hazard of sjœculative loans, but it contemplated and permitted to an unlimited amount...used and required in facilitating the transfer of proj>erty and money in the transaction of the legitimate business of the country." Citing Oswego Second,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1913 - 716 pages
...this provision of the statute was to guard National banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount the discount of paper use'l and required in facilitating the transfer of property and money in the transaction of the legitimate...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1915 - 780 pages
...this provision of the statute was to guard National banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount...property and money in the transaction of the legitimate business of the country." Citing Oswego Second National Bank v. Burt, 93, NY 244. It was evidently...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1916 - 798 pages
...this provision of the statute was to guard National hunks from tin- hazard of speculative loans, but it contemplated and permitted to an unlimited amount...facilitating the transfer of property and money in the transad ion of the leKltlmate business of the country." Citing Oswcgo Second National Hank v. Burt....
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1919 - 864 pages
...this provision of the statute was to guard National banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount...property and money in the transaction of the legitimate business of the country." Citing Oswego Second National Bank v. Burt. 93, NY 244. It was evidently...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1920 - 840 pages
...guard National hnnks from the hazard of speculative loans, but It contemplated and permitted to nil unlimited amount the discount of paper used and required...facilitating the transfer of property and money in the tnmsaetion of the legitimate business of the country." Citing Oswego Second National Bank v. Bnrt....
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Paton's Digest: A Digest of Legal Opinions of Thomas B. Paton ..., Volume 2

Thomas Bugard Paton - 1926 - 1408 pages
...from the hazard of loaning money in improvident amounts upon speculative and accommodation paper, but it contemplated and permitted, to an unlimited amount,...property and money in the transaction of the legitimate business of the country." In the case stated by you, the state bank which is indebted to your national...
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United States Code Annotated, Volume 12

United States - 1927 - 612 pages
...333. The object of this section was to guard national banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount...property and money in the transaction of the legitimate business of the country. Oswego Second Nat. Bank V. Burt (18S3) 93 NY 233. There is no restriction...
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Annual Report of the Commissioner of the Banking Department of ..., Volume 22

Michigan. State Banking Dept - 1910 - 648 pages
...this provision of the statute was to guard National banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount...property and money in the transaction of the legitimate business of the country." Citing Oswego Second National Bank v. Burt, !>3 NY 244. It was evidently...
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