...bills of exchange, drawn in good faith against existing values, and the discount of business paper owned by the person negotiating the same, shall not be considered as a loan of money. § 59. Other Loans Prohibited. Banking associations cannot make any loans nor discount...

...corporation, exceed fifty (50) per cent of the paid up capital of said bank or corporation. But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered...

...excepted from the restriction as to amount, two exceptions are made, as follows : " 1 . The discount of bills of exchange drawn in good faith against actually existing values;" and, "2. The discount of commercial or business paper actually owned by the person negotiating the same."...

...not exceed one-half the actual paid-in capital stock and aurplus of such corprations* or bankers or of commercial or business paper actually owned by the person negotiating the same. 2. No such corporation, nor any of its directors, officers, agents or servants, shall directly or indirectly...

...discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually owned by the person negotiating the s:une shall not he considered as money borrowed. As the volume of business has increased the magnitude...

...amount of the capital stock of this corporation aя is actually paid up. Rut the discount of hills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not...

...bank to such bank ex ceed fifty (5O) per cent of the paid up capital of fuch bank. But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper actually owned by the person negotiating the same shall not be considered...

...loan to any such person in excess of 10 per cent. of its capital, but under both laws the discount of bills of exchange drawn in good faith against actually existing values or commercial or business paper actually negotiated by the person issuing the same shall not be considered...

...good faith against actnally existing valnes and the disconnt of commercial or bnsiness paper actnally owned by the person negotiating the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations shall not apply to loans npon real estate or other collateral...

...worth at least fifteen per centum more than the amount or amounts loaned thereon, nor to the discount of bills of exchange drawn in good faith against actually existing values, or of commercial от business paper actually owned by the person negotiating the same, provided, however,...