 | Harold Glenn Moulton - 1921 - 826 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. (National Bank Act, as amended June 22, 1906.) c) On security of own stock: No association shall make... | |
 | William Frederick Notz, Richard Selden Harvey - 1921 - 620 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 within the meaning of this paragraph. The liability of a customer on account of an acceptance made... | |
 | National Bank of Commerce in New York - 1921 - 188 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 within the meaning of this paragraph. The liability of a customer on account of an acceptance made... | |
 | American Exchange National Bank, New York - 1921 - 128 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 within the meaning of this regulation. The Board has also decided that the liability of a customer... | |
 | United States. Supreme Court - 1921 - 628 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 pertinent portion of the other section reads as follows: "Sec. 5239. If the directors of any national... | |
 | George William Edwards - 1924 - 522 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 within the meaning of this paragraph. The liability of a customer on account of an acceptance made... | |
 | United States. Supreme Court - 1924 - 676 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 pertinent portion of the other section reads as follows: "Sec. 5239. If the directors of any national... | |
 | Board of Governors of the Federal Reserve System (U.S.) - 1924 - 444 pages
...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 be considered as borrowed money within the meaning of this section. The Federal reserve bank, as a condition of the... | |
 | Benjamin Haggott Beckhart - 1924 - 628 pages
...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 be considered as borrowed money within the meaning of this section. The Federal reserve bank, as a condition of the... | |
 | Gerald William Jamieson - 1925 - 232 pages
...in good faith against actually existing values, and the discounting of commercial or business paper actually owned by the person negotiating the same,...shall not be considered as money borrowed; provided, that by a two-thirds vote of the directors, the liabilities of any person, copartnership or corporation... | |
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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. 
