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" Attention is particularly directed to the seventh subdivision of this section, reading as follows: "To exercise by its board of directors or duly authorized officers or agents, subject to law, all such power "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lv
by Michigan. Banking Division - 1926
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Session Laws

Wyoming - 1911 - 850 pages
...inconsistent with law, for the regulation and management of all its business affairs. SEVENTH—The exercise by its board of directors or duly authorized officers or agents, subject to law, all powers which shall be necessary to carry on the general business of banking, savings bank, or loan...
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Money and Banking: Illustrated by American History

Horace White - 1911 - 576 pages
...business may be conducted, and the privileges granted to it by law may be exercised and enjoyed. Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be...
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Money and Banking: Illustrated by American History

Horace White - 1911 - 576 pages
...business may be conducted, and the privileges granted to it by law may be exercised and enjoyed. Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be...
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Public and Local Acts of the Legislature of the State of Michigan

Michigan - 1913 - 938 pages
...general business conducted anil the privileges granted to it by law exercised and enjoyed; Seventh, To exercise by its board of directors or duly authorized...officers or agents, subject to law, all such power as shall be necessary to carry on the business of banking by discounting and negotiating promissory...
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Laws Passed At... Session of the Legislative Assembly of the State of North ...

North Dakota - 1913 - 602 pages
...penalty thereof; dismiss such officers or any of them, and appoint others to fill their places. 7. 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 hanking, by discounting and negotiating...
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pt.23-29; hearings of January 16 to February 26, 1913, including majority ...

United States. Congress. House. Committee on Banking and Currency - 1913 - 888 pages
...decisions tend in the same direction. Revised Statutes, section 5136, provide as follows: Seventh. 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...
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Political Economy: Designed for Use in Catholic Colleges, High Schools and ...

Edmund J. Burke - 1913 - 508 pages
...ss of Commercial Banks. — In the wording of the National Bank Act, the national bank has power " 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...
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United States Congressional Serial Set

1913 - 714 pages
...and the privileges granted to it by law exercised and enjoyed; and by paragraph 7 it is empowered— "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...
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Report of the Committee Appointed Pursuant to House Resolutions 429 and 504 ...

United States. Congress. House - 1913 - 280 pages
...decisions tend in the same direction. Revised Statutes, section 5136, provide as follows: Seventh. 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...
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Federal Reserve Act

United States - 1913 - 40 pages
...business may be conducted, ana the privileges granted to it by law may be exercised and enjoyed. Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be...
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