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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,... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lxvi
by Michigan. Banking Division - 1920
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The American Law Register, Volume 15

1876 - 816 pages
...of the act, and controlled by all its restrictions and limitations. Express power is given to them to " carry on the business of banking by discounting...notes, drafts, bills of exchange and other evidences of debt ; by buying and selling enchange, coin and bullion ; by loaning money on perxonal security; by...
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The N.Y. Weekly Digest of Cases Decided in the U.S. Supreme ..., Volume 3

1877 - 682 pages
...defines the powers of the national banks. It declares, among other things, that they shall be authorized "to carry on the business of banking, by discounting...notes, drafts, bills of exchange and other evidences of debt." Section 30 prescribes limitations upon these powers, and imposes penalties upon the banks for...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 288 pages
...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...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on...
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Reports of Cases Decided in the Circuit Courts of the United ..., Volume 1

United States. Circuit Court (4th Circuit) - 1877 - 684 pages
...language of that section is, "and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking by discounting...drafts, bills of exchange, and other evidences of debt ; by receiving deposits, by buying and selling exchange, coin, and bullion, by loaning money on...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 302 pages
...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...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion ; by loaning money on...
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Albany Law Journal, Volume 16

1877 - 510 pages
...enactment, the authority which is given is " to exercise all such Incidental powers as shall be necessary to carry on the business of banking, by discounting...promissory notes, drafts, bills of exchange, and other evidence of debt, by receiving deposits, by buying and selling exchange, coin and bullion; by loaning...
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Albany Law Journal, Volume 16

1877 - 510 pages
...enactment, the authority which is Riven is " to exercise all such incidental powers as shall be necessary to carry on the business of banking, by discounting...promissory notes, drafts, bills of exchange, and other evidence of debt, by receiving deposits, by buying and selling exchange, coin aud bullion; by loaning...
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 310 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking by discounting...drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; by bnying and selling exchange, coin, and bullion ; by loaning money...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 pages
...make contracts * as fully as natural persons," * * * and " exercise under this act all such incidental power as shall be necessary to carry on the business...banking by discounting and negotiating promissory notes, CIECTJIT COUBT, 1873. Kansas Valley National Bank v. Uowcll. , hold, and convey real estate • contracted...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1878 - 978 pages
...by their boards of directors, or officers, subject to /«fr, such incidental powers as aro necessary to carry on the business of banking; by discounting and negotiating promissory notes and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion...
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