 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.  Session Laws - Page 154by Wyoming - 1909Full view - About this book
 | Oklahoma - 1897 - 344 pages
...on any share or shares of stock, exceed twenty-five per cent, of the paid up capital of such bank. But the discount of bills of exchange drawn in good faith against actual existing values, and the discount of commercial paper actually owned by the person nego-tiating... | |
 | 1898 - 1232 pages
...bxit the discount of bills of exchange drawn in good failli яря Inst actually existing vaines or of commercial or business paper actually owned by...person negotiating the same shall not be considered as a part of any such loan or discount." We do not pause to ascertain how great the excess over the limit... | |
 | New York (State). Supreme Court. Appellate Division - 1898 - 746 pages
...liable to an amount exceeding the one-fifth part of its capital stock actually paid in and surplus ; but the discount of bills of exchange drawn in good faith against actually existing values, or of commercial or business paper actually owned by the persons negotiating the same, shall nut be... | |
 | Iowa. Supreme Court - 1898 - 900 pages
...provided: that the discount of botia fide, bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation or firm negotiating the same shall not be cons'dei ed money borrowed." As the... | |
 | Andrew Hamilton - 1898 - 460 pages
...person negotiating the same, provided, however, that such loans or discounts on such collateral, or sucn discount of bills of exchange drawn in good faith against actually existing values, or such commercial or business paper actually owned by the person negotiating the same shall not exceed... | |
 | North Carolina. Corporation Commission - 1901 - 618 pages
...one-tenth part of the amount of the capital stock of such bank or banking association actually paid in. But the discount of bills of exchange drawn In good...the same shall not be considered as money borrowed: Provided, this section shall not apply to banks with a paid up capital of one hundred thousand dollars... | |
 | James Brooks Dill, New Jersey. Department of Banking and Insurance - 1899 - 98 pages
...commercial paper made by other parties and actually owned by the person negotiating the same; (2.) The discount of bills of exchange drawn in good faith against actually existing values; (3.) The discount of paper based on collateral security other than promissory notes, the actual market... | |
 | New Jersey - 1899 - 660 pages
...commercial paper made by other parties and actually owned by the person negotiating the same ; (2) The discount of bills of exchange drawn in good faith against actually existing values ; (3) The discount of paper based on collateral security other than promissory notes, the actual market... | |
 | Abraham Clark Freeman - 1899 - 1054 pages
...in; provided, that the discount of bona fide bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered money borrowed." As the... | |
 | 1899 - 932 pages
...provided: that the •discount of bona fide bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation or firm negotiating the same shall not be considered money borrowed." As the... | |
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