 | Harvey White Magee - 1906 - 864 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 of the statute does not prohibit an officer or director from borrowing money, but limits... | |
 | North Carolina. Corporation Commission - 1906 - 112 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 section shall not apply to banks with a paid-up capital of one hundred thousand dollars or less.... | |
 | 1906 - 538 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. 111. Associations Must Not Hold Their Own Stock (Sec. 5201). -No association shall make any loan or... | |
 | 1906 - 534 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. 111. Associations Must Not Hold Their Own Stock (Sec. 5201). —No association shall make any loan... | |
 | Michigan. Banking Division - 1906 - 474 pages
...drawn in good faith against actually existing yalues, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed." Tbis provision, as found in our General Banking Law and also in the National Banking Law, has never... | |
 | Michigan - 1907 - 652 pages
...owned by the person negotiating the same shall not be considered as money borrowed: Provided, hoioever. That the foregoing limitations shall not apply to...other collateral securities authorized by this act. and deposited with the bank, or a safety and collateral deposit company organized under the laws of... | |
 | Michigan - 1907 - 650 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, howcvcr. That the foregoing limitations shall not apply to loans on real estate or other collateral... | |
 | United States. War Department - 1907 - 752 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. ARTICLE IX. ARTICLE X. All real property upon which mortgage loans are made must have a marketable... | |
 | Albert Sidney Bolles - 1907 - 600 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. (Rev. Stat. § 5200.) 18. Associations Must Not Hold Their Own Stock. No association shall make any... | |
 | United States - 1907 - 1664 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." Approved, June 22, 1906. PTOPÙO. Maximum. Commercial discount« not included. CHAP. 3817.— An Aft... | |
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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. 
