 | United States. Congress. House - 1913 - 280 pages
...direction. Revised Statutes, section 5136, provide as follows: Corporate powers of associations: * * *. 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... | |
 | 1913 - 1022 pages
...BANKS Paragraph seven of the national banking law provides that any such association 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 business of banking; by discounting and negotiating promissory notes, drafts, bills... | |
 | Edmund J. Burke - 1913 - 508 pages
...Business of Commercial Banks. — .In the wording of the National Bank Act, the national bank has power " 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... | |
 | United States. Congress. House. Committee on Banking and Currency - 1913 - 888 pages
...Statutes, section 5136, provide as follows: Corporate powers of associations: * * *. Seventh. To exorcise by its board of directors, or duly authorized officers...subject to law, all such incidental powers as shall be necessanj to carry on the business of banking; by discounting and negotiating promissory notes, drafts,... | |
 | United States Congress. House. Banking and Currency Committee - 1914 - 306 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 its business by discounting and negotiating promissory notes, drafts, bill of exchange,... | |
 | United States - 1914 - 1272 pages
...the manner in which its stock shall be transferred, its directors elected or appointed, its officers such assignment, grant, or conveyance of any patent...Columbia, or any commissioner of the United States to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills... | |
 | 1916 - 698 pages
...commercial business, and their powers were carefully and minutely set forth in the act as follows : "(") 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... | |
 | United States - 1971 - 1248 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 TITLE 12.— BANKS AND BANKING Page 2260 on the business of banking; by discounting and negotiating... | |
 | United States - 1973 - 1178 pages
...such, and in the name designated in the organization certificate, it shall have power — • * * * • 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... | |
 | United States - 1945 - 928 pages
...its board of directors, subject to the supervision and regulation of the Farm Credit Administration, bylaws not inconsistent with law, regulating the manner...necessary to carry on the business herein described. (July 17, 1916, ch. 245, § 4, 39 Stat. 363; Ex. Ord. No. 6084, Mar. 27, 1933.) REFERENCES IN TEXT... | |
| |
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,... 
