 | Nebraska, Guy Ashton Brown, Hiland Hill Wheeler - 1893 - 1370 pages
...bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed. SEC. 12. [Deposits when insolvent.] — No bank, corporation, firm, or individual engaged in the banking,... | |
 | George Mathewes Coffin - 1893 - 186 pages
.... The discount of bills of exchange drawn in good faith against actually existing values;" and, "2. The discount of commercial or business paper actually owned by the person negotiating the same." Such paper as is clearly embraced in these two classes, the law says, "shall not be considered as money... | |
 | New York (State) - 1893 - 960 pages
...not exceed one-half the actual paid-in capital stock and aurplus of such corprations* or bankers or of commercial or business paper actually owned by the person negotiating the same. 2. No such corporation, nor any of its directors, officers, agents or servants, shall directly or indirectly... | |
 | Massachusetts - 1894 - 1064 pages
...amount of the capital stock of this corporation aя is actually paid up. Rut the discount of hills of exchange drawn in good faith against actually existing...the same, shall not be considered as money borrowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of its business to an... | |
 | Nebraska. State Banking Board - 1898 - 84 pages
...bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper actually owned by the person negotiating the same shall not be considered as money borrowed.* SEC. 28. Any officer, director, or employe of any corporation, transacting a banking business in this... | |
 | Michigan. Banking Division - 1895 - 352 pages
...such bank; but the discount of bills of exchange drawn in good faith againet actually existing valnes and the discount of commercial or business paper actually owned by the pereon negotiating the same shall not be considered as money borrowed; Provided, however, That the... | |
 | New York (State) - 1896 - 1262 pages
...or such discount of bills of exchange drawn in good faith against actually existing values, or such ch has been added or into which has been introduced an v exceed one-half the actual paid-in capital stock and surplus of such corporation or. banker, including... | |
 | Utah - 1897 - 1262 pages
...per cent of the amount of the capital stock of such bank actually paid in; but the discount of hills of exchange drawn in good faith against actually existing...owned by the person negotiating the same, shall not be construed as borrowed money. RSV 3. (1878) % 5200»; Mont. Civ. С. \ 583». 381. Minors as depositors.... | |
 | Wisconsin - 1897 - 1392 pages
...discounting of bills of exchange, drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by...shall not be considered as money borrowed; provided, that by a two-thirds vote of the directors, the liabilities of any person, coIKirtnership or corporation,... | |
 | Wisconsin - 1897 - 1356 pages
...discounting of bills of exchange, drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by...shall not be considered as money borrowed; provided, that by a two-thirds vote of the directors, the liabilities of any person, copartnership or corporation,... | |
| |
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. 
