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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,... "
Private Laws of the State of North-Carolina Passed by the General Assembly - Page 382
by North Carolina - 1905
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American Law Reports Annotated, Volume 50

1927 - 1702 pages
...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, bills of exchange, drafts and other evidences of debt, by receiving deposits, by buying and selling...
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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
...general business conducted, and the privileges granted to it by law exercised and enjoyed. 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 carry on the business of banking; by discounting and negotiating...
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To Prohibit Banks from Performing Certain Nonbanking Services: Hearings ...

United States Congress. House. Banking and Currency Committee - 1966 - 482 pages
...paragraph "Seventh" of 12 USC section 24, which provides that a national bank shall have power : "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 carry on the business of banking ; by discounting And negotiating...
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To Prohibit Banks from Performing Certain Nonbanking Services: Hearings ...

United States. Congress. House. Committee on Banking and Currency. Subcommittee on Bank Supervision and Insurance - 1966 - 246 pages
...paragraph "Seventh" of 12 USC section 24, which provides that a national bank shall have power : "Seventh. To exercise by its board of directors or duly authorized officers or agents, subject to law, all snob, incidental powers as shall be necessary to carry on the business of banking ; by discounting...
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Mutual Fund Legislation of 1967: Hearings, Ninetieth Congress, First ..., Part 3

United States. Congress. Senate. Committee on Banking and Currency - 1967 - 162 pages
...the national banks by the Congress. For our analysis only paragraph Seventh is pertinent. It states : "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 out the business of banking; by discounting and negotiating...
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Public Debt Ceiling: Hearings, Ninetieth Congress ..., Volume 36, Parts 35-962

United States. Congress. House. Committee on Ways and Means - 1967 - 302 pages
...business may be conducted, and the privileges granted to it by law may be exercised and enjoyed. Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be...
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Federal Deposit Insurence Act [compiled in the Legal Division of the Federal ...

United States - 1967 - 128 pages
...may be made in any State, Territory, or jurisdiction in which any insured bank is located." Seventh. To exercise by its Board of Directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act, and such incidental powers as shall...
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Hearings, Reports and Prints of the House Committee on Interstate and ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1968 - 1288 pages
...the national banks by the Congress. For our analysis only paragraph Seventh is pertinent. It states : '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 en the business of banking; by discounting and negotiating...
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Investment Company Act Amendments of 1967: Bank and Insurance Company ...

United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and Finance - 1968 - 192 pages
...the national banks by the Congress. For our analysis only paragraph Seventh is pertinent. It states : "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...
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To Improve Examination and Supervision of Insured Banks: Hearings Before ...

United States. Congress. House. Banking and Currency Committee - 1968 - 554 pages
...business may be conducted and the privileges granted to it by law may be exercised and enjoyed. 7. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by thd provisions of this section and such incidental powers as shall...
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