 But the 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 same, shall not be considered as money borrowed.  The Laws of Wisconsin - Page 655by Wisconsin - 1897Full view - About this book
 | John Maxcy Zane - 1900 - 866 pages
...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 same, shall not be considered as money borrowed. SEC. 5201. PURCHASE OF ITS OWN STOCK.— No association shall make any loan or discount on the security... | |
 | John Maxcy Zane - 1900 - 864 pages
...one-tenth part of the amount of the Capital stock of such association actually paid in. But the 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 same, shall not... | |
 | New York (State) - 1900 - 862 pages
...negotiating the same, provided, however, that such loans or discounts on such collateral, or such discount of bills of exchange drawn in good faith against actually existing values, or such commercial or business paper actually owned by the person negotiating the same shall not exceed... | |
 | Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, James Christopher Cahill, Basil Jones, James Max Henderson, Ray Smith - 1901 - 728 pages
...cent of the bank's capital stock actually paid in, the statute proceeds to say : " But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of VOL. 93.] Murry Nelson & Co. v. Leiter. commercial or business paper actually owned by... | |
 | Massachusetts - 1901 - 944 pages
...part of such amount of the capital stock of this corporation as is actually paid up. But the 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 same, shall not... | |
 | West Virginia - 1901 - 914 pages
...fifty per centum of the capital stock, plus the surplus fund and undivided, profits. But the 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 same, shall not... | |
 | Philippines - 1981 - 138 pages
...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 same, shall not be considered as money borrowed for the purpose of this Section: Provided, finally, That certain types of contingent liabilities of... | |
 | Abraham Clark Freeman - 1902 - 1026 pages
...discount of bills of exchange drawn in pood faith, against actually existing values, and the discount of commercial or business paper actually owned by...same, shall not be considered as money borrowed." The legislative intent in the enactment of this statute was to prescribe the duties of those officials... | |
 | Philippines - 1980 - 838 pages
...advances made by the bank to protect its interest such as taxes, insurance, etc.; (c) The 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 same, including... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1902 - 826 pages
...one-fifth of such amount of the capital stock of the corporation as is actually paid up ; but the 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 it, shall not be... | |
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