 | John Torrey Morse (Jr.) - 1888 - 712 pages
...Kansas Valley Bank v. Rowell, 2 Dill. 371. 2 § 129. » See Ultra vires, Legislative Intent. discount of commercial or business paper actually owned by...the same, shall not be considered as money borrowed. § 30. (5197.) Interest, what Rate may be taken.1 — Any association may take, receive, reserve, and... | |
 | Michigan. Legislature - 1889 - 730 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...Provided, however, That the foregoing limitations shall not apply Provi«o. to loans upon real estate or other collateral securities authorized by this... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1889 - 928 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...negotiating the same, shall not be considered as money boiTowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of its business... | |
 | United States - 1889 - 120 pages
...exchange drawn in good faith against actually existing values, and the discount of commercial от business paper actually owned by the person negotiating...the same, shall not be considered as money borrowed. nnM»°il™»p"n 79. (SEC. 5201.) No association shall make any loan or üwT¿t>!cak»etheir discount... | |
 | Nebraska - 1889 - 724 pages
...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 as money borrowed. ?ot a1 be t *re- an SEC. 12. No bank, corporation, firm or indin vidual engaged in the banking, broker,... | |
 | Michigan. State Banking Department - 1914 - 748 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...considered as money borrowed: * * * Provided, however, That by a two thirds vote of directors, the liabilities to any bank of any person or company or corporation... | |
 | Michigan. State Banking Department - 1906 - 470 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...same, shall not be considered as money borrowed." This provision, as found in our General Banking Law and also in the National Banking Law, has never... | |
 | Michigan - 1891 - 486 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...shall not be considered as money borrowed: Provided, iiwiw. however, That the foregoing limitations shall not apply to loans upon real estate or other collateral... | |
 | Michigan. Legislature - 1891 - 1144 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...shall not be considered as money borrowed: Provided, howc-ver, That the foregoing limitations shall not apply to loans upon real estate or other collateral... | |
 | United States. Department of the Treasury - 1891 - 1022 pages
...discount of bille 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 limitation is found to be wholesome in its general application, but recent event« indicate that... | |
| |
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. 
