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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,... "
National Bank Cases: Containing All Decisions of Both the Federal and State ... - Page 731
by Isaac Grant Thompson - 1878 - 989 pages
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 10; Volume 77

United States. Supreme Court - 1871 - 726 pages
...associations, by their directors, to appoint a cashier and other officers, and to exercise, " under this act, all such incidental powers as shall be necessary to...circulating notes, according to the provisions of this act," &c. It is further provided that the directors may, by by-laws, regulate the manner in which...
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 10

United States. Supreme Court - 1871 - 730 pages
...cashier, and other officers, define their duties," &c., &c. And. it authorizes the association to exercise all such incidental powers as shall be necessary to...by buying and selling exchange, coin, and bullion, &c. The directors are empowered to regulate by by-laws the manner in which its. general business shall...
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Reports of Decisions Rendered in the Circuit and District Courts ..., Volume 2

United States. Circuit Courts, Benjamin Vaughan Abbott - 1871 - 648 pages
...Act of June 3, 1864, 13 Stat. at L. 101, — which authorizes such banks to exercise under that act all such incidental powers as shall be necessary to...banking, by discounting and negotiating promissory notes. &c., by receiving deposits, by buying and selling exchange, &c., by loaning money on personal security,...
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Laws Passed by the ... Legislature of the State of Texas

Texas - 1871 - 840 pages
...places, and exercise all such powers as shall be necessary to carry on a banking and trust business, by discounting and negotiating promissory notes, drafts,...exchange and other evidences of debt ; by receiving money or property on deposit or in trust ; by buying and selling exchange, coin or bullion ; by loaning...
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Reports of Cases Argued and Determined in the Supreme Court of Ohio, Volume 40

Ohio. Supreme Court - 1884 - 792 pages
...authorized, "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...and bullion ; by loaning money on personal security ; and by obtaining, issuing, and circulating notes according to the provisions of this title." A warehouse...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 208 pages
...powers as what business shall be necessary to carry on the business of banking by ^ ay be transact ' discounting and negotiating promissory notes, drafts,...loaning money on personal security; by obtaining, issu3. See section 50, and notes thereon. 4. The cashier is the financial officer, or the executive...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 192 pages
...powers* as what business shall be necessary to carry on the business of banking by ™^ be trarisaet discounting and negotiating promissory notes, drafts,...loaning money on personal security ; by obtaining, issu3. See section 50, and notes thereon. 4. The cashier is the financial officer, or the executive...
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Official Opinions of the Attorneys General of the United States: Advising ...

United States. Department of Justice - 1909 - 732 pages
...possesses the powers expressly conferred in section 5136, Revised Statutes: '• To exercise * * * all such incidental powers as shall be necessary to...of exchange, and other evidences of debt * * * by loaning money on personal security, * * *." " Subject to the same duties, responsibilities, and rules,...
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Reports of Cases in the Supreme Court of Appeals of Virginia, Volume 63

Virginia. Supreme Court of Appeals - 1873 - 1024 pages
...vice-president, cashier and other officers, define their duties," &c., " and exercise under this act all such incidental powers as shall be necessary to...drafts, bills of exchange, and other evidences of debt," &c., "by loaning money on personal security," &c., "and its board of directors shall also have power...
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Autobiography: Collateral Reminiscences, Arguments in Important Causes ...

Samuel Alfred Foot - 1873 - 518 pages
...Such 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 coins, and bills of exchange, in the manner specified in their articles...
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