 | United States - 1878 - 308 pages
...Provided, That the discount of bona tide bills of excounts not to bo . . . ,,i. included. exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not l>e considered as money borrowed. Rate... | |
 | Ohio - 1879 - 368 pages
...of such company actually paid in: provided, that the discount of fxma fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation or firm negotiating the same, shall not be considered money borrowed. SEC.... | |
 | Benjamin Robbins Curtis - 1879 - 520 pages
...PROVIDED, that the discount of bona fide bills of exchange drawn against actually existing values, or the discount of commercial or business paper actually owned by the person or persons, corporations, or firms negotiating the same, shall not be considered ns money borrowed."... | |
 | Irving Browne - 1880 - 638 pages
...amount of the capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing values,...actually owned by the person negotiating the same, shall not be considered as money borrowed. Thomp. NB Cas. 150, 169, 175, 396, 488, 888, 869 ; ante,... | |
 | 1881 - 628 pages
...capital stock of said association; provided, that the discount of bonafide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation or firm requesting the same shall not be considered as money borrowed.' Contrary... | |
 | Minnesota - 1883 - 882 pages
...The discount of bills of exchange drawn in good faith against actually existing values." Second — " The discount of commercial or business paper actually owned by the person negotiating the same." The first of these exceptions needs no elucidation. The meaning of "bills of exchange" is well known... | |
 | Iowa, Emlin McClain - 1884 - 934 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. SEC.... | |
 | 1891 - 1168 pages
...of the capital stock of midi association actually paid in. But the discount of the bills of exchange drawn in good faith against actually existing values, and the discount of business or commercial paper actually owned by the person negotiating the same, shall not be considered... | |
 | National Board of Trade (U.S.) - 1885 - 230 pages
...first part. The latter part of the section reads as follows : " But the discount of bills of exchange, drawn in good faith against actually existing values,...actually owned by the person negotiating the same, shall not be considered as money borrowed." Now, although there is a limitation of ten per cent, of... | |
 | Vermont. General Assembly. Senate - 1886 - 416 pages
...consent of a majority of the directors; provided that the discount of dona fide bills of exchange, drawn against actually existing values and the discount of commercial or business paper, actually owned by such director, officer or employe negotiating the same, shall not be considered as money borrowed;... | |
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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. 
