 | Illinois. General Assembly. Senate - 1891 - 1328 pages
...clause 7th, at lino 28, the following; words: "And, provided furtlier, "that the discount of bills o! exchange drawn in good faith, against actually existing...commercial or business paper actually owned by the person, firm, company or corporation negotiating the same, shall not he considered as prohibited by this section."... | |
 | 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.... | |
 | Nebraska, Joseph Elliott Cobbey - 1891 - 1382 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.... | |
 | United States - 1891 - 332 pages
...such association actually paid in: Provided, that the discount of bond 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. [Section... | |
 | South Dakota - 1891 - 392 pages
...at any time exceed fifteen (15) per cent 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 or loans upon produce in transit or in store as collateral security and the... | |
 | Michigan. Banking Division - 1892 - 330 pages
...such bank; but the discount of billa of exchange drawn in gcod faith against actually existing valnes and the discount of commercial or business paper actually...the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations Proviso, shall not apply to loans upon real estate... | |
 | United States. Supreme Court - 1892 - 768 pages
...association of any ;>erson, company, etc., should at no time exceed one-tenth part of the capital stock, but the discount of bills of exchange drawn in good faith against actually existing values, and of commercial or business paper actually owned by the person negotiating the same, is not to be considered... | |
 | New York (State) - 1892 - 308 pages
...liable to an amount exceeding the one-fifth part of its capital stock actually paid in and surplus; but the discount of bills of exchange drawn in good faith against actually existing values, or of commercial or business paper actually owned by the person negotiating the same shall not be considered... | |
 | Michigan. Banking Division - 1892 - 312 pages
...time excced one-teath part of the amouat of the capital and surplus of such bank; but the discouat of bills of exchange drawn in good faith against actually existing values and the discouat of commercial or business paper actually owned by the person negotiating the same shall not... | |
 | United States. Department of the Treasury - 1892 - 1184 pages
...time exceed one-tenth part of the amount of tbo capital steck of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing vaines and the discount of commercial or business paper actually owned by the person negotiating the... | |
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But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. 
