 | John Maxcy Zane - 1900 - 866 pages
...time exceed one-tenth part of the amount of the Capital stock of such association actually paid in. But the discount of bills of exchange drawn in good...the same, shall not be considered as money borrowed. SEC. 5201. PURCHASE OF ITS OWN STOCK.— No association shall make any loan or discount on the security... | |
 | Kansas - 1900 - 1108 pages
...values or loans upon produce in transit, or upon warehouse or elevator receipts as collateral security, and the discount of commercial or business paper actually...the same, shall not be considered as money borrowed. The bank commissioner may, at any time, order any excess loan reduced to the legal limit within sixty... | |
 | Abraham Titus Brewer, Gustav Adolf Laubscher - 1900 - 748 pages
...of such company actually paid in: provided, that the discount of bona fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation or firm negotiating the same, shall not be considered money borrowed. 76 OL... | |
 | New York (State) - 1900 - 862 pages
...thereon, nor to the discount of bills of exchange drawn in good faith against actually existing values, or of commercial or business paper actually owned by the person negotiating the same, provided, however, that such loans or discounts on such collateral, or such discount of bills of exchange... | |
 | West Virginia - 1901 - 914 pages
...110 time exceed fifty per centum of the capital stock, plus the surplus fund and undivided, profits. But the discount of bills of exchange drawn in good...the same, shall not be considered as money borrowed. The corporations mentioned in this section shall not be construed to mean municipal corporations, districts... | |
 | Massachusetts - 1901 - 944 pages
...exceed one fifth part of such amount of the capital stock of this corporation as is actually paid up. But the discount of bills of exchange drawn in good...the same, shall not be considered as money borrowed. SECTION 2. This act shall take effect upon its passage. Approved April 5, 1901. CViOp.256 AN ACT MAKING... | |
 | Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, James Christopher Cahill, Basil Jones, James Max Henderson, Ray Smith - 1901 - 728 pages
...faith against actually existing values, and the discount of VOL. 93.] Murry Nelson & Co. v. Leiter. commercial or business paper actually owned by the...person negotiating the same, shall not be considered as borrowed monev." Starr & Curtis' Stat., Chap. I6u, entitled " Banks," Sec. 13. It appears from Mr.... | |
 | 1901 - 1204 pages
...cent, of the paid-up capital stock of the bank. But the discount of bills of exchange drawn against existing values and the discount of commercial or...business paper actually owned by the person negotiating it is not to be considered as money borrowed (present law). Provided, however (proposed amendment),... | |
 | Frank Moore Colby - 1901 - 1208 pages
...paid-up capital stock of the bank. But the discount of bills of exchange drawn against existir alues and the discount of commercial or business paper actually owned by the :rson negotiating it is not to be considered as money borrowed (present law) Provided, however (proposed... | |
 | Philippines - 1981 - 138 pages
...separate entities operate merely as departments or divisions of a single entity : Provided, further, That the discount of bills of exchange drawn in good faith...the same, shall not be considered as money borrowed for the purpose of this Section: Provided, finally, That certain types of contingent liabilities of... | |
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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. 
