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" To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange,... "
House Documents, Otherwise Publ. as Executive Documents: 13th Congress, 2d ... - Page 31
by United States. Congress. House - 1870
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The Supreme Court Reporter, Volume 24

1904 - 906 pages
...authorized officers or agente, subject to law, all such incidental powers a« shall be necessary to carry on the business of banking; by discounting and negotiating...buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the...
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A Law Dictionary, Adapted to the Constitution and Laws of the ..., Volume 2

John Bouvier - 1883 - 876 pages
...necessary to carry on the business of banking ; by discounting and negotiating promissory notes, etc.; by receiving deposits, by buying and selling exchange, coin and bullion ; by loaning money on personal security ; and by obtaining, issuing, and circulating notes according to...
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The Ohio Law Journal, Volume 4

1884 - 1022 pages
...authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking by discounting and negotiating...buying and selling exchange, coin and bullion ; by loaning money on personal security ; and by obtaining, issuing. and circulating notes according to...
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The Pacific Reporter, Volume 153

1916 - 1240 pages
...authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking ; by discounting and negotiating...receiving deposits, by buying and selling exchange, coin anil bullion ; by loaning money on personal security ; and by obtaining, issuing and circulating notes...
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Reports of the Decisions of the Appellate Courts of the State of ..., Volume 14

Illinois. Appellate Court, James Bolesworth Bradwell - 1884 - 728 pages
...293. BAKER, J. The power given to national banks as respects the matters here in issue, is "to carry on the business of banking by discounting and negotiating...drafts, bills of exchange and other evidences of debt." RSUS, First National Bank of Greenville v. Sherburne. Sec. 5136. It is urged the transaction involved...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 3

1884 - 1126 pages
...paid for the use of money. The specific power given to national banks (RS, sec. 5136) is "to carry on the business of banking by discounting and negotiating...drafts, bills of exchange and other evidences of debt." So that the discount of negotiable paper is the form according to which they are authorized to make...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 165

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 784 pages
...officers or agents, subject to law, all such incidental powers as shall be necessary to carry on their business of banking, by discounting and negotiating...notes, drafts, bills of exchange and other evidences of debts ; by receiving deposits ; by buying and selling exchange, coin and bullion ; by loaning money...
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American Law Reports Annotated, Volume 50

1927 - 1702 pages
...the business of banking, by discounting and negotiating promissory notes, bills of exchange, drafts and other evidences of debt, by receiving deposits,...buying and selling exchange, coin and bullion, by loaning money upon real or personal security, or both. . . ." What are the functions of a bank as defined...
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Comptroller's Manual for National Banks: Laws, Regulations, Rulings

United States. Office of the Comptroller of the Currency - 1966 - 480 pages
...authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating...buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the...
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To Prohibit Banks from Performing Certain Nonbanking Services: Hearings ...

United States. Congress. House. Committee on Banking and Currency. Subcommittee on Bank Supervision and Insurance - 1966 - 246 pages
...rather the question is whether the act being considered is incidental to or implied from the power of "discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt," or is incidental to or implied from the power of "receiving deposits," or is implied from or incidental...
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