Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" 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. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page 17
by Michigan. Banking Division - 1892
Full view - About this book

American Foreign Trade: As Promoted by the Webb-Pomerene and Edge Acts, with ...

William Frederick Notz, Richard Selden Harvey - 1921 - 620 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 within the meaning of this paragraph. The liability of a customer on account of an acceptance made...
Full view - About this book

Analytical Credits: A Study in Brief of the Methods Used to Accumulate ...

Alexander Wall - 1921 - 280 pages
...of such State bank or trust company. in good faith against actually existing value and the discount of commercial or business paper actually owned by the person negotiating the same shall not be included. Any Federal Reserve Bank may make advances to its member banks on their promissory notes...
Full view - About this book

Commercial Banking Practice Under the Federal Reserve Act: The Law and the ...

National Bank of Commerce in New York - 1921 - 188 pages
...discount of bills of exchange drawn in good faith against actually existing value and the discount of commercial or business paper actually owned by the person negotiating the same shall not be included. (Regulation A, Series of 1920, A, I.) ELIGIBILITY OF NOTES, DRAFTS, AND BILLS OF EXCHANGE...
Full view - About this book

Acceptances, Their Importance as a Means of Increasing and Simplifying ...

American Exchange National Bank, New York - 1921 - 128 pages
...discount of bills of exchange drawn in good faith against actually existing value, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be included. The amendment of March 3, 1919, also permitted Federal reserve banks, with the consent of...
Full view - About this book

Annals of the American Academy of Political and Social Science, Volumes 93-94

1921 - 494 pages
...Discounts 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 are not counted as loans in regard to the above limitation of loans. 5. The liability of a customer...
Full view - About this book

Acceptances, Trade and Bankers'

Park Mathewson - 1921 - 396 pages
...negotiated in good faith by the bona fide owner would be exempt from the limitations of section 5200 as "commercial or business paper actually owned by the person negotiating the same," even if it is not exempt as a "bill of exchange drawn in good faith against actually existing values."...
Full view - About this book

Digest of Legal Opinions of Thomas B. Paton: General Counsel of the American ...

Thomas Bugard Paton - 1922 - 782 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," General Counsel Elliott of the Federal Reserve Board rendered an opinion (Nov. 27, 1916) to the effect...
Full view - About this book

The Development of Federal Reserve Policy

Harold Lyle Reed - 1922 - 374 pages
...negotiated in good faith by the bona fide owner would be exempt from the limitations of section 5200 as "commercial or business paper actually owned by the person negotiating the same." But what is the situation with respect to the amount of trade acceptances permissible for rediscount...
Full view - About this book

National Banking Under the Federal Reserve System

First National City Bank of New York - 1923 - 184 pages
...discount of bills of exchange drawn in good faith against actually existing value and the discount of commercial or business paper actually owned by the person negotiating the same shall not be included. Any Federal Reserve Bank Bank may make advances to its member banks on their promissory notes...
Full view - About this book

American Banking Methods

Leonard Le Marchant Minty - 1923 - 486 pages
..." 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 person negotiating the same," and it is understood that a bill may be considered as drawn against existing values if drawn against...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF