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" To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange,... "
Annual Report of the Secretary of the Treasury on the State of the Finances ... - Page 60
by United States. Department of the Treasury - 1917
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 960 pages
...addition to the powers conferred by the general and stock corporation laws every bank shall have power: 1. To exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills...
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Select Cases and Other Authorities on the Law of Private Corporations

Edward Henry Warren - 1909 - 736 pages
...— " SECT. 5136." Every national banking association is authorized jWC//lJ&'»»Jhi "*° exerc i se by its board of directors or duly authorized officers...law, all such incidental powers as shall be necessary t lu^U^o carry on the business of banking by discounting and negotiating promissory notes, drafts,...
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Laws of the United States Concerning Money, Banking, and Loans, 1778-1909

United States - 1910 - 828 pages
...the manner in which its stock shall be transferred, its directors elected or appointed, its officers appointed, its property transferred. its general business...law. all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 pages
...section 5139, US Comp. Stat. 1901, p. 3461, by express and direct grant. Bullard v. Bank, see above. Seventh. To exercise by its board of directors, or...law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills...
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The Texas Civil Appeals Reports: Cases Argued and Determined in ..., Volume 48

Texas. Court of Civil Appeals - 1910 - 760 pages
...Section 5136 of the Revised Statutes of the United States provides, that national banks shall have power: "To exercise by its board of directors or duly authorized...law, all such incidental powers as shall be necessary to carry on the banking business; by discounting and negotiating promissory notes, drafts, bills of...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 70

New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1911 - 776 pages
...to tho power conferred by the general and stock corporation laws, every bank shall have power: " 1. To exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills...
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Handbook of the Law of Banks and Banking

Francis Buchanan Tiffany - 1912 - 732 pages
...the manner in which its stock shall be transferred, its directors elected or appointed, its officers appointed, its property transferred, its general business...law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills...
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Cases on Private Corporations: Selected from Decisions of English and ...

Harry Sanger Richards - 1912 - 896 pages
...of facts out of which this suit has arisen. That finding is conclusive upon us. A national bank can "exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking, by discounting and negotiating promissory notes, drafts, bills...
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Cases on Private Corporations

George Folger Canfield - 1913 - 1026 pages
...the manner in which its stock shall be transferred, its directors elected or appointed, its officers appointed, its property transferred, its general business...law, all such incidental powers as shall be necessary to carry on the business of banking ; by discounting and negotiating promissory notes, drafts, bills...
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Rural Credits: Hearings Before the Subcommittee of the ..., Volumes 1-8

United States. Congress. House. Committee on Banking and Currency - 1913 - 316 pages
...or appointed, its officers appointed, its property transferred, its general business conducted, und the privileges granted to it by law exercised and...law, all such incidental powers as shall be necessary to carry on its business by discounting and negotiating promissory notes, drafts, bill of exchange,...
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