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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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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse - 1879 - 724 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 buying and selling exchange, coin, and bullion ; by loaning money...
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The Central Law Journal, Volume 8

1879 - 550 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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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 12

United States. Congress. House - 1879 - 690 pages
...by their boards of directors, or officers, subject to tow, such incidental powers as are 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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Reports of Cases in the Supreme Court of Appeals of Virginia

Virginia. Supreme Court of Appeals - 1880 - 964 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, or bullion; by loaning money on...
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Reports of Cases Argued and Determined in the Circuit Court of ..., Volume 16

United States. Circuit Court (2nd Circuit) - 1880 - 636 pages
...banks, of which the plaintiff is one, to exercise 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, &c. These coupons are doubtless promissory notes, within the statute 3 and 4 Anne, ch. 9, and...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 97-98

1900 - 2044 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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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 pages
...and further, that they may exercise under the act all such incidental powers as shall be necessary to carry on the business of banking, by discounting...notes, 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 Argued and Determined in the Circuit and District ..., Volume 1

United States. Circuit Court (6th Circuit), William Searcy Flippin - 1881 - 754 pages
...natural persons, * * * and exercise under this act 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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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 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...negotiating promissory notes, drafts, bills of exchange, coin and bullion, by loaning money on personal security, and by obtaining, issuing, and circulating...
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A Few Facts and Suggestions on Money, Trade, and Banking

Joseph Henry Walker - 1881 - 124 pages
...bank. It says having been qualified to do so, a bank may " carry on the business of banking, namely, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin, and bullion ; by loaning money...
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