 | Colorado - 1907 - 740 pages
...excess of the loans made, and the discount of commercial or business paper, upon solvent parties, and actually owned by the person negotiating the same, shall not be considered as money borrowed. The State Bank Commissioner may af any time order any excess loan reduced to the legal limit within... | |
 | Michigan. Banking Division - 1907 - 536 pages
...actually xxiv STATE BANKING DEPARTMENT. 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... | |
 | 1908 - 440 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. Before making loans on precious metals, merchandise, and goods in warehouse, the value... | |
 | Kansas. Legislature. House of Representatives - 1908 - 308 pages
...warehouse or elevator receipts as collateral security, and the discount of ciimmcrcial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. Overdrafts shall be considered borrowed money for the purpose of this act. and stocks or bonds of the... | |
 | Albert Reed Barrett - 1908 - 346 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. DIVIDENDS ANT» SURPLUS FUND. 77. (SEC. 5199.) The directors of any association may, semi-annually,... | |
 | Rhode Island - 1908 - 86 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. t' SEC. 62. No bank or trust company shall make f- any loan to its president, its vice-president, its... | |
 | North Carolina - 1908 - 1482 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.... | |
 | United States. War Department - 1908 - 446 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. ARTICLB IX. Before making loans on precious metals, merchandise, and goods in warehouse, the value... | |
 | United States. War Department, William Howard Taft - 1908 - 194 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. AHTIQLE IX. Before making loans on precious metals, merchandise, and goods in warehouse, the value... | |
 | Philippines. Governor - 1908 - 442 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. Before making loans on precious metals, merchandise, and goods in warehouse, the value... | |
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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. 
