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" The total liabilities to any association, of any person, or of any company, corporation, or firm, for money borrowed, including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xviii
by Michigan. Banking Division - 1905
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Select Statutes and Other Documents Illustrative of the History of the ...

William MacDonald - 1903 - 466 pages
...a company or firm the liabilities of the several members thereof, shall at no time exceed one tenth part of the amount of the capital stock of such association actually paid in : Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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Annual Report of the Attorney General of the State of Michigan

Michigan. Department of Attorney General - 1903 - 172 pages
...liabilities of the company or firm the liability of the several members thereof, except special partners, shall at no time exceed one-tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good faith against actually...
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The National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - 1904 - 316 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values, and the...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 5

United States - 1905 - 1032 pages
...borrowed, including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values, and the...
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Revisal of 1905 of North Carolina: Prepared Under Chapter Three ..., Volume 1

North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - 1905 - 1412 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such bank or banking institution actually paid in. But the discount of bills of exchange drawn in good faith...
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Principles of Law: Appendix

1906 - 534 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part of...capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values, and the...
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International Library of Technology: A Series of ..., Volume 44, Part 2

1906 - 538 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part of...capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values, and the...
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A Treatise on the Law of National and State Banks: Including the Clearing ...

Harvey White Magee - 1906 - 864 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values, and the...
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Congressional Serial Set, Issue 4906

1906 - 1282 pages
...borrowed, '.including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in and unimpaired, and one-tenth part of its unimpaired surplus fund: Provided, however, That the total...
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Reports of the Condition of the State, Private and Savings Banks

North Carolina. Corporation Commission - 1906 - 112 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such bank or banking institution actually paid in. But the discount of bills of exchange drawn in good faith...
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