 | North Carolina - 1897 - 836 pages
...But the the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually owned by the person negotiating the same shall not be considered as money borrowed. SEC. 4. This act shall be in force from and after its ratification.... | |
 | Wisconsin - 1897 - 1354 pages
...discounting of bills of exchange, drawn in good faith against actually existing values, arid the discounting of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed; provided, that by a two-thirds vote of the directors, the... | |
 | Abraham Clark Freeman - 1899 - 1054 pages
...provided, that the discount of bona fide bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered money borrowed." As the... | |
 | Utah - 1901 - 246 pages
...of such bank; but the discount of bills of exchange drawn in good faith against existing values, and the discount o'f commercial or business paper actually owned by the person negotiating the same, shall not be construed as borrowed money. Sec. 2. This act shall take effect upon approval. Approved... | |
 | West Virginia - 1901 - 914 pages
...profits. But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. The corporations mentioned in this section shall not be... | |
 | Philippines - 1986 - 492 pages
...etc.; c. The discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, including but not limited to the acquisition of export bills from any of its directors, officers, stockholders... | |
 | Philippines - 1981 - 138 pages
...further, That the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed for the purpose of this Section: Provided, finally, that... | |
 | Philippines - 1980 - 838 pages
...etc. (c) The discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, including but not limited to the acquisition by a domestic bank of export bills from any of its directors,... | |
 | Abraham Clark Freeman - 1902 - 1026 pages
...in. But the discount of bills of exchange drawn in good faith, against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed." The legislative intent in the enactment of this statute... | |
 | South Dakota - 1903 - 420 pages
...against actual existing values or loans upon produce in transit or in store as collateral security and the discount of commercial or business paper actually owned by the person negotiating the same shall not be considered as money borrowed. ยง 25. PENALTIES FOR VIOLATION OF ACT.] Any person or persons... | |
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Our statute provides that in the discount of commercial or business paper actually owned by the person negotiating the same, it shall not be considered as money borrowed. The application of this provision, in my opinion, relates exclusively to the person... 
