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" Seventh. 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... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 4
by Michigan. Banking Division - 1892
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The Southern Law Review, Volume 6

1881 - 1014 pages
...Business. — (i.) The Statute. — By the statute governing national banks, power is conferred upon them " 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...
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The Southern Law Review: And Chart of the Southern Law and ..., Volume 6

1881 - 982 pages
...Business. — (i.) The Statute. — By the statute governing national banks, power is conferred upon them " 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...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 pages
...upon the subject are as follows: " Section 5136." Every national banking association is authorized "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...
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The Supreme Court Reporter, Volume 24

1904 - 906 pages
...which its stock shall be transferred, its directors elected or appointed, its officers appointed, its property transferred, its general business conducted,...authorized officers or agente, subject to law, all such incidental powers a« shall be necessary to carry on the business of banking; by discounting and negotiating...
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A Law Dictionary, Adapted to the Constitution and Laws of the ..., Volume 2

John Bouvier - 1883 - 876 pages
...national bank has the usual corporate powers, also the right of succession for twenty years, and the power 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...
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The Pacific Reporter, Volume 153

1916 - 1240 pages
...Сотр. St § 9601), no such power is conferred. That subdivision reads : National banks have power : "Seventh. 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...
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The Ohio Law Journal, Volume 4

1884 - 1022 pages
...merchandise, as collateral security. By the said section, every National banking association is authorized, '' 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...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 3

1884 - 1126 pages
...years." KS, 1999; 13 Stat., 99. "Вне. 513Г>." Every national banking association is authorized "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...
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Decisions of the first comptroller in the department of the ..., Volume 6

United States treasury dept - 1885 - 424 pages
...See First National Bank against National Exchange Bank, 92 US Reports, page 126: "A National Bank can exercise by its Board of Directors, or duly authorized officers or agente, subject to law, all such incidental powers as shall be necessary to carry on the business of banking, by discounting and negotiating...
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Acts of the General Assembly of South-Carolina

South Carolina - 1885 - 350 pages
...manner in which the stock of said bank shall be transferred, its Directors elected or appointed, its property transferred, its general business conducted,...privileges granted to it by law exercised and enjoyed. The Directors may appoint all necessary officers and employees of said Officers an d corporation, fix...
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