 | John Torrey Morse (Jr.) - 1888 - 712 pages
...Dill. 371. 2 § 129. » See Ultra vires, Legislative Intent. discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. § 30. (5197.) Interest, what Rate may be taken.1 — Any association may take, receive, reserve, and... | |
 | Illinois. General Assembly. Senate - 1888 - 1248 pages
...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." The question then being, "Shall the foregoing Senate Bill No. 251, be engrossed, as amended, and placed... | |
 | Michigan. Legislature - 1889 - 730 pages
...drawn in good faith against actually existing values and the discount of commercial or business paper actually owned by the person negotiating the same...however, That the foregoing limitations shall not apply Provi«o. to loans upon real estate or other collateral securities authorized by this act: Provided... | |
 | United States - 1889 - 120 pages
...in good faith against actually existing values, and the discount of commercial от business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. nnM»°il™»p"n 79. (SEC. 5201.) No association shall make any loan or üwT¿t>!cak»etheir discount... | |
 | Nebraska - 1889 - 724 pages
...exchange drawn in good faith against actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed. ?ot a1 be t *re- an SEC. 12. No bank, corporation, firm or indin vidual engaged in the banking, broker,... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1889 - 928 pages
...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 boiTowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of its business... | |
 | Michigan. State Banking Department - 1914 - 748 pages
...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." This provision, as found in our General Banking Law and also in the National Banking Law, has never... | |
 | Michigan. Banking Division - 1891 - 178 pages
...drawn in good faith against actually existing values and the discount of commercial or business paper actually owned by the person negotiating the same...Provided, however, That the foregoing limitations proviso, shall not apply to loans upon real estate or other collateral securities authorized by this... | |
 | Michigan - 1891 - 486 pages
...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: Provided, iiwiw. however, That the foregoing limitations shall not apply to loans upon real estate or other collateral... | |
 | Michigan. Legislature - 1891 - 1144 pages
...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: Provided, howc-ver, That the foregoing limitations shall not apply to loans upon real estate or other collateral... | |
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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. 
