 | Abraham Clark Freeman - 1902
...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... | |
 | Michigan. Attorney General's Office, Michigan. Department of Attorney General - 1903 - 172 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 person negotiating the same, and which in my opinion should be strictly construed and should be held to apply to no transaction... | |
 | James Smith McMaster - 1903 - 1008 pages
...paid in, but the discount of bills of exchange drawn in good faith, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered borrowed money." Section 6, the substance of which was set forth in the defendant's answer, contains... | |
 | 1903 - 1036 pages
...paid In, but the discount of bills of exchange drawn in good faith, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered borrowed money." Section 6, the substance of which was set forth In the defendant's answer, contains... | |
 | John Melville Gould - 1904 - 320 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." Eeferred to in Briggs v. Spaulding, 141 US 132, 143, 161; Thompson v. Sioux Falls Nat. Bank, 150 US... | |
 | Wisconsin. Banking Dept - 1904 - 586 pages
...discounting of bills of exchange drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by...negotiating the same, shall not be considered as money 1xxrrowed ; provided, that by a two-thirds vote of the directors, the liabilities of any person, co-partnership... | |
 | Colorado. Court of Appeals - 1904 - 696 pages
...one-tenth of its capital stock actually paid in, but that the discount of commercial or business paper owned by the person negotiating the same shall not be considered as money loaned ; it imposes upon the bank the duty of making and transmitting to the comptroller of the currency... | |
 | Michigan. Banking Division - 1904 - 422 pages
...discount of 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 the same, and which in my opinion should be strictly construed and should be held to apply to no transaction... | |
 | North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - 1905 - 1412 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. This section shall not apply to banks with a paid-up capital of one hundred thousand dollars or less.... | |
 | United States - 1905 - 1032 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. [RS~\ Act of June 3, 1864, ch. 106, 13 Stat. L 108. The object of this provision of the statute was... | |
| |
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. 
