| United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 784 pages
...places. Sixth. To prescribe, by its board of directors, by-laws not inconsistent with law. Seventh. To exercise, by its board of directors or duly authorized...law, all such incidental powers as shall be necessary to carry on their business of banking, by discounting and negotiating promissory notes, drafts, bills... | |
| United States. Supreme Court - 1897 - 790 pages
...declared "That the banking association shall have power. . . . Third, to make contracts. . . . Seventh, All such incidental powers as shall be necessary to carry on the business of banking ... by loaning money on personal security." And section 5137 provides "That a national banking association... | |
| United States. Comptroller of the Treasury - 1885 - 414 pages
...See First National Bank against National Exchange Bank, 92 US Reports, page 126: "A National Bank can exercise by its Board of Directors, or duly authorized officers or agents, subject to law, all snch incidental powers as shall be necessary to carry on the business of banking, by discounting and... | |
| New Hampshire. Supreme Court - 1887 - 702 pages
...LXII), declaring that any association organized under the act shall be a body corporate, and " may exercise by its board of directors, or duly authorized...agents, subject to law, all such incidental powers as may be necessary to carry on the business of banking, by discounting and negotiating promissory notes,... | |
| Michigan - 1887
...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 powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory... | |
| Utah - 1888 - 264 pages
...transferred, its general business conducted and the privileges granted to it by law exercised and enjoyed. 7. To exercise by its board of directors or duly authorized...to carry on the business of banking by discounting or negotiating promissory notes, drafts, bills of exchange and other evidences of debt, by receiving... | |
| Arkansas. Supreme Court - 1918 - 638 pages
...under consideration the Revised Statutes of the United States empowering a national banking association "to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking," etc. Chief Justice Fuller, speaking for the court, in the course... | |
| Isaac Grant Thompson - 1888 - 974 pages
...LXII), declaring that any association organized under the act shall be a body corporate, and " may exercise by its board of directors, or duly authorized...agents, subject to law, all such incidental powers as may be necessary to carry on the business of banking, by discounting and negotiating promissory notes,... | |
| United States. Circuit Court (2nd Circuit) - 1888 - 634 pages
...brought into the seventh subdivision of section 5,136, and so added to as to authorize a national bank to exercise by its board of directors, or duly authorized officers or agents, subject to law, the powers mentioned. After this alteration in the law, the business of the banks could be law Movius... | |
| Irving Browne - 1889 - 824 pages
...title 62), declaring that any association organized under the act shall be a body 'corporate, and "may exercise by its board of directors, or duly authorized...agents, subject to law, all such incidental powers as may be necessary to carry on the business of banking, by discounting and negotiating promissory notes,... | |
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