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" Drafts may be bona fide bills of exchange drawn upon actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are drawn against property previously consigned and... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xx
by Michigan. Banking Division - 1905
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1911 - 686 pages
...actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are...previously consigned and existing either in its original fomi or in the shape of proceeds of sales in the hands of the consignees." This rule, of course, applies...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1913 - 716 pages
...actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are...consignees." This rule, of course, applies to the particular, unquestionably the same rule would apply to a bank organized under the General Banking...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1914 - 744 pages
...be bona fide bills of exchange drawn upon actual existing values within the meaning of the statute, sufficient if they are drawn against property previously...the federal statute. The State and federal statute being identical in this particular, unquestionably the same rule would apply to a bank organized under...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1915 - 780 pages
...actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are...the federal statute. The state and federal statute being identical in this particular, unquestionably the same rule would apply to a bank organized under...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1916 - 798 pages
...exchange drawn upon actual existing values within the meaning of the statute, though not accompanied by specific hills of lading in each case. It Is sufficient...consignees." This rule, of course, applies to the ably the same rule would apply to a bank organized under the General Hanking Law of this state. Respectfully...
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McKinney's Consolidated Laws of New York Annotated: With Annotations ..., Book 4

New York (State) - 1916 - 526 pages
...nor does it matter whether such drafts are accompanied by a specific bill of Jading in each case or are drawn against property previously consigned and...the shape of proceeds of sales in the hands of the consignee. Oswego Second Nat. Bank v. Burt, (1883) 93 NY 233. See US Rev. St., ยง 5200, Fed. Stat....
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1919 - 864 pages
...actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are...the federal statute. The state and federal statute being identical in this particular, unquestionably the same rule would apply to a back organized under...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1920 - 840 pages
...actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It Is sufficient If they are...the federal statute. The state and federal statute being identical in this particular, unquestionably the same rule would apply to a bank organized under...
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United States Code Annotated, Volume 12

United States - 1927 - 612 pages
...actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are...proceeds of sales in the hands of the consignees. Oswego Second Nat. Bank v. Burt (1883) 93 NY 233, affirming (Sup. 1882) 26 Hun, 672. A bank cashier...
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Annual Report of the Commissioner of the Banking Department of ..., Volume 22

Michigan. State Banking Dept - 1910 - 648 pages
...actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are...and existing either in its original form or in the shajK- of proceeds of sales in the hands of the consignees." This rule, of course, applies to the federal...
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