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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 388
by Irving Browne - 1889
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Federal Laws: Urban Renewal: Excerpts from Housing Act of 1949 and Related ...

United States - 1961 - 76 pages
...be necessary to carry on the business of banking ; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...circulating notes according to the provisions of this chapter. The business of dealing in securities and stock by the association shall be limited to purchasing...
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American law reports annotated, Volume 51

1927 - 1624 pages
...the business of banking, by discounting and negotiating promissory notes, bills of exchange, drafts and other evidences of debt, by receiving deposits,...selling exchange, coin and bullion, by loaning money upon real or personal security, or both; but no association shall transact any business, except such...
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The Statutes at Large, Treaties, and Proclamations of the United ..., Volume 13

United States - 1866 - 908 pages
...deposits ; by buying and selling exchange, coin, and bullion ; by loaning money ou personal security ; by obtaining, issuing, and circulating notes according to the provisions of this act ; and its board of directors shall 9« By-laws. also have power to define and regulate by by-laws,...
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Proposed Federal Banking Commission and Federal Deposit and Savings ...

United States Congress. House. Banking and Currency Committee - 1963 - 522 pages
...be necessary to carry on the business of banking ; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...notes according to the provisions of this title." The courts have held that the participial phrases, each starting with the word "by," not only describe...
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Federal Banking Laws and Reports, 1780-1912 ..., 50th Anniversary, 1913-1963 ...

United States. Congress. Senate. Committee on Banking and Currency - 1963 - 548 pages
...shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...and bullion; by loaning money on personal security; by obtaining, issuing, and circulating notes according to the provisions of this act ; and its board...
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Hearings, Reports and Prints of the Senate Committee on Banking and Currency

United States. Congress. Senate. Committee on Banking and Currency - 1963 - 716 pages
...acFEDERAL BANKING LAWS AND REPORTS cordance with the provisions of this act; 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; by loaning money on real and personal...
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Legislation to Prohibit Banks from Performing Certain Nonbanking Services ...

United States. Congress. House. Committee on Banking and Currency - 1964 - 174 pages
...be necessary to carry on the business of banking ; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...circulating notes according to the provisions of this chapter * * *." When banks sought to engage in the safe deposit business, this power was written into...
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Legislation to Prohibit Banks from Performing Certain Nonbanking Services ...

United States Congress. House. Banking and Currency Committee - 1964 - 164 pages
...be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...selling exchange, coin, and bullion; by loaning money on persona] security; and by obtaining, issuing and circulating notes according to the provisions of this...
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American Law Reports Annotated, Volume 50

1927 - 1702 pages
...the business of banking, by discounting and negotiating promissory notes, bills of exchange, drafts and other evidences of debt, by receiving deposits,...selling exchange, coin and bullion, by loaning money upon real or personal security, or both. . . ." What are the functions of a bank as defined by this...
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Comptroller's Manual for National Banks: Laws, Regulations, Rulings

United States. Office of the Comptroller of the Currency - 1966 - 480 pages
...be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...notes according to the provisions of this title. The business of dealing in securities and stock by the association shall be limited to purchasing and selling...
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