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" To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange,... "
National Bank Cases: Containing All Decisions of Both the Federal and State ... - Page 470
by Irving Browne - 1880
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United States Reports: ... and Rules Announced at ...

United States. Supreme Court - 1891 - 780 pages
...which it was established. The statute declares that a national banking institution shall have power "to exercise, by its board of directors, or duly authorized...bills of exchange and other evidences of debt; by reoeiving deposits ; by buying and selling exchange, coin and bullion ; by loaning money on personal...
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Session Laws

South Dakota - 1891 - 392 pages
...property transferred, its business conducted, and the privileges granted it by law, exercised and enjoyed. Seventh. To exercise by its board of directors or...banking, by discounting and negotiating promissory notes, bills of exchange, drafts and other evidences of debt, by receiving deposits, by buying and selling...
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The American and English Encyclopedia of Law, Volume 16

John Houston Merrill, Charles Frederic Williams, Thomas Johnson Michie, David Shephard Garland - 1891 - 1052 pages
...directors, and by its board of directors to appoint a president and other officers; and to exercise all such incidental powers as shall be necessary to...drafts, bills of exchange, and other evidences of debt,6 by buying and Bank, 6 Biss. (US) 301; and see as to Nat. Bank, 19 Blatchf. (US) 279; supplementary...
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Documents Accompanying the Journal of the House, Part 1

Michigan. Legislature - 1891 - 1144 pages
...transferred, its general business conducted and the privileges granted to it by law exercised and enjoyed; Seventh, To exercise by its board of directors or...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...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 29

1892 - 634 pages
...conferred by section 5136 of the Revised Statutes. The grant of power is this : " To exercise .... all such incidental powers as shall be necessary to...of exchange, and other evidences of debt ; .... by buying and selling exchange, coin, and bullion ; by loaning money on personal security." Now, clearly,...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1892 - 330 pages
...transferred, its 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 powers ns shall be necessary to carry on the business of banking by...
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Private Laws of the State of North-Carolina Passed by the General Assembly

North Carolina - 1905 - 1118 pages
...and the management of the affair-, business and property of the corporation, and to alter the same; 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...
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Session Laws

South Dakota - 1893 - 444 pages
...Paragraph 7 of Sec tion 4 of Chapter 27. of the Laws of 1891, be amended to read as follows: Paragraph 7. 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...
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Lawyers' Reports Annotated, Book 24

1894 - 922 pages
...bank created under it the right 'to exercise by its board of directors, or duly authorized agents, all such incidental powers as shall be necessary to carry on the business of banking, by dincounting ami negotiating ргошгняогу notes, draft«, bill of exchange, und other evidence*...
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The American State Reports: Containing the Cases of General Value ..., Volume 44

Abraham Clark Freeman - 1895 - 1072 pages
...officers and prescribe their duties; 6. To make by-laws to govern and control the business; and 7. " To exercise by its board of directors or duly authorized...banking, by discounting and negotiating promissory notes, bills of exchange, drafts, and other evidences of debt, by receiving deposits, by buying and selling...
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