 | John Melville Gould - 1904 - 316 pages
...liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in....commercial or business paper actually owned by the person negotiating the same shall not be considered as money borrowed." Referred to in Briggs v. Spaulding,... | |
 | Michigan. Banking Division - 1904 - 422 pages
...liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in;...bills of exchange drawn in good faith against actually exlsting values, and the discount of commercial or business paper actually owned by the person negotiating... | |
 | Wisconsin. Banking Dept - 1904 - 572 pages
...time exceed thirty per cent, of the amount of capital and surplus of such bank; but the discounting of bills of exchange drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by the person negotiating the same, shall... | |
 | North Dakota - 1905 - 414 pages
...the same parties as makers thereof, purchased, shall not at any time exceed fifteen per cent of the capital stock of such association actually paid in,...discount of bills of exchange drawn in good faith against actual existing values, or loans upon produce in transit or actually in store as collateral security;... | |
 | Michigan. Banking Division - 1905 - 448 pages
...and effect of the limitation itself. The exceptions to which I refer relate to the discount of hills of exchange drawn in good faith against actually existing values, and the discount of commercial or husiness paper actually owned hy the person negotiating the same, and which in my opinion should he... | |
 | Wisconsin - 1905 - 1294 pages
...time exceed thirty per cent, of the amount of capital and surplus of such bank; but the discounting of bills of exchange drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by the person negotiating the same, shall... | |
 | Idaho - 1905 - 472 pages
...no time exceed fifty per cent of the aggregate capital, surplus and undivided profits of such bank; but the discount of bills of exchange drawn in good faith against actual existing values, and the discount of commercial or business paper actually owned by the persons... | |
 | 1906 - 538 pages
...liabilities of the several members thereof, shall at no time exceed onetenth part of the amount of the capital stock of such association actually paid in....commercial or business paper actually owned by the person negotiating the same shall not be considered as money borrowed. 1 111. Associations Must Not... | |
 | Harvey White Magee - 1906 - 864 pages
...association, person, company, corporation or firm in excess of one-tenth part of the amount of the capital stock of such association actually paid in....commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. This provision of the statute... | |
 | Michigan. Banking Division - 1906 - 500 pages
...of the amount of the capital stock of such association actually paid in ; hut the discount of hills of exchange drawn in good faith against actually existing values, and the discount of commercial or husiness paper actually owned hy the person negotiating the same, shall not he considered as money... | |
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shall at no time exceed one-tenth part of the amount of 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... 
