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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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Money, Banking, and Finance

Albert Sidney Bolles - 1903 - 374 pages
...duty of a bank director can not easily be defined. The national banking law declares that a bank can " 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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The National Bank Act: With All Its Amendments Annotated and Explained

John Melville Gould - 1904 - 316 pages
...conducted, and the privileges granted to it by law exercised and enjoyed. " Seventh. Incidental powers. β€” 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 Reports, Supreme Court: Cases Argued and Adjudged ..., Volume 92

United States. Supreme Court - 1904 - 856 pages
...facts out of which this suit has arisen. That finding is conclusive upon us. A national bank can " exercise by its board of directors, or duly authorized officers or agents, subject to law, all such inci-dental powers as shall be necessary to carry on the business of banking, by discounting and negotiating...
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Laws Passed At... Session of the Legislative Assembly of the State of North ...

North Dakota - 1905 - 414 pages
...transferred, its business conducted and the privileges granted it by law exercised and enjoyed. 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 banking, by discounting and negotiating...
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The American State Reports: Containing the Cases of General ..., Volume 104

Abraham Clark Freeman - 1905 - 1236 pages
...and as such and in the name designated in the organization certificate, it shall have power: .... "7. To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers fis shall be necessary to carry on the business of banking; by discounting and negotiating...
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International Library of Technology: A Series of ..., Volume 44, Part 2

1906 - 538 pages
...conducted, and the privileges granted to it by law exercised and enjoyed. SEVENTH. Incidental Powers. β€”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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A Treatise on the Law of National and State Banks: Including the Clearing ...

Harvey White Magee - 1906 - 864 pages
...conducted, and the privileges granted to it by law exercised and enjoyed. Seventh. Incidental powers.β€” 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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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1907 - 630 pages
...transferred, its business conducted, and the privileges granted 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 powers as shall be necessary to carry on the business of banking, by discounting and negotiating promissory...
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Laws of the United States Concerning Money, Banking, and Loans, 1778-1909

United States - 1910 - 828 pages
...general business conducted, and 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 incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating...
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The National-bank Act, as Amended: With Other Laws Relating to National Banks

United States - 1911 - 184 pages
...be sued, complain and defend, in any court of law and equity, as fully as natural persons. 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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