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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,... "
Office of the Comptroller of the Currency's Recent Regulatory Actions ... - Page 63
by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and Regulatory Relief - 1997 - 93 pages
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 pages
..." each association shall have power to carry on the business of banking by discounting bills, notes and other evidences of debt; by receiving deposits; by buying and selling gold and silver bullion, foreign coin and bills of exchange in the manner specified in this act, by...
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The American Reports: Containing All Decisions of General ..., Volume 36

Isaac Grant Thompson - 1881 - 968 pages
...corporate name, and may in that name make contracts; and further, that they may exercise under the act all such incidental powers as shall be necessary to...receiving deposits; by buying and selling exchange, com and bullion; by loaning money on personal security, by obtaining, issuing and circulating notes...
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A Few Facts and Suggestions on Money, Trade, and Banking

Joseph Henry Walker - 1881 - 124 pages
...bank. It says having been qualified to do so, a bank may " carry on the business of banking, namely, by discounting and negotiating promissory notes, drafts,...selling exchange, coin, and bullion ; by loaning money (its property) on personal security ; by obtaining, issuing, and circulating notes, according to the...
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Reports of Cases Argued and Determined in the Circuit and District ..., Volume 1

United States. Circuit Court (6th Circuit), William Searcy Flippin - 1881 - 754 pages
...banking, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidence of debt; by receiving deposits; by buying and selling...and bullion; by loaning money on personal security," etc. Then follows, in the same act, Sec. 57, already quoted, providing "That suits, actions, and proceedings,...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 pages
...banks organized under its provisions, 'to carry on the business of banking by discounting bills, notes, and other evidences of debt, by receiving deposits, by buying and selling gold and silver bullion, foreign coin, and foreign and inland bills of exchange, by loaning money on...
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Reports of Cases Argued and Determined in the Circuit Court of ..., Volume 19

United States. Circuit Court (2nd Circuit) - 1883 - 636 pages
...Act of June 3d, 1864, 13 US Stat. at Large, 101,) that every banking association shall have power to exercise ''all such incidental powers as shall be...and bullion, by loaning money on personal security." The coupons appear, by the complaint, to be payable to bearer. They were, therefore, negotiable promissory...
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Pratt's Digest of the Revised Statutes of the United States Relating to ...

A.S. Pratt & Sons - 1883 - 130 pages
...by its directors or authorized officers or agents, subject to law, all incidental powers necessary to carry on the business of banking, by discounting...bullion; by loaning money on personal security, and by issuing circulating notes according to law. But no bank is to transact any business except such as...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 3

1884 - 1126 pages
...valid except those on personal security." The language of that section is, "and exercise under this act all such incidental powers as shall be necessary to...and bullion; by loaning money on personal security; by obtaining, issuing and circulating notes according to the provisions of this act." § 185. Л national...
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The Pacific Reporter, Volume 153

1916 - 1240 pages
..."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...receiving deposits, by buying and selling exchange, coin anil bullion ; by loaning money on personal security ; and by obtaining, issuing and circulating notes...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 11

1885 - 916 pages
...banking, by discounting and negotiating promissory notes, drafts, bills of exchange and other evidence of debt; by receiving deposits; by buying and selling...and bullion; by loaning money on personal security," etc. Then follows in the same act, section 57, already quoted, providing "that suits,' actions and...
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