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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. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 17
by Michigan. Banking Division - 1892
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Official Gazette, Volume 76, Issues 31-34

Philippines - 1980 - 838 pages
...insurance, etc.; (c) 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, including but not limited to the acquisition by a domestic bank of export bills from any of its directors,...
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Official Gazette, Volume 82, Issues 30-32

Philippines - 1986 - 492 pages
...insurance, etc.; c. 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, including but not limited to the acquisition of export bills from any of its directors, officers, stockholders...
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Report of the Corporation Commission

North Carolina. Corporation Commission - 1902 - 650 pages
...paid in. But the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually...shall not be considered as money borrowed : Provided, this section shall not apply to banks with a paid up capital of one hundred thousand dollars or less....
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Report of the Corporation Commission

North Carolina. Corporation Commission - 1916 - 1190 pages
...paid in. But the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually...the same shall not be considered as money borrowed. This section shall not apply to banks with a paid-up capital of one hundred thousand dollars or less....
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Report of the Corporation Commission

North Carolina. Corporation Commission - 1899 - 650 pages
...paid in. 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 |*-rson negotiating the same shall not be considered as money borrowed : Provitinl, this section shall...
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Munitions Industry: September 4-6, 1934. Electric Boat Co

United States. Congress. Senate. Special Committee to Investigate the Munitions Industry - 1937 - 1760 pages
...not to apply to discounts 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. In reply you are informed that this office has been advised by counsel that governments are not "corporations"...
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Trust Companies, Volume 24

1917 - 822 pages
...their capital and surplus. But the discount of bills of exchange drawn against actually existing value and the discount of commercial or business paper actually...owned by the person negotiating the same shall not IM> considered as borrowed money within the meaning of the section. Other regulations relate to impairment...
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Trust Companies, Volume 18

1914 - 594 pages
...surplus, if such liabilities are upon drafts or bills of exchange drawn against existing values, or upon commercial or business paper actually owned by the person negotiating the same, and are endorsed by such person without limitation; or if such liabilities in excess of ten per centum...
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Public Laws and Resolutions of the State of North Carolina Passed by the ...

North Carolina - 1897 - 848 pages
...in. But the the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually...the same shall not be considered as money borrowed. SEC. 4. This act shall be in force from and after its ratification. Ratified the 6th day of March,...
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Public Laws and Resolutions of the State of North Carolina Passed by the ...

North Carolina - 1923 - 724 pages
...the discount of bona fide bills of exchange or acceptances drawn against actually existing values, and the discount of commercial or business paper actually owned by the person or persons, corporation, company, or firm negotiating the same, shall not be considered money so borrowed....
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