| Illinois - 1887 - 360 pages
...of the amount of capital 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. § 11. Associations may be organized under this act in incorporated... | |
| A.S. Pratt & Sons - 1886 - 252 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. 44 excess of the limit would be in violation of the letter... | |
| Michigan - 1887
...part of the amount of the capital and surplus of such bank ; 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: Provided, however, That the foregoing limitations shall... | |
| Illinois - 1887 - 2194 pages
...in. But the discount of bills of exchange drawn in gix>d faith, against actually existing values, aud the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. 11. Capital stock — impairment thereof. §11. Associations... | |
| Illinois. General Assembly. Senate - 1888 - 1248 pages
...amount of 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." The question then being, "Shall the foregoing Senate Bill... | |
| John Torrey Morse (Jr.) - 1888 - 712 pages
...§ 128. Kansas Valley Bank v. Rowell, 2 Dill. 371. 2 § 129. » See Ultra vires, Legislative Intent. discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. § 30. (5197.) Interest, what Rate may be taken.1 — Any... | |
| Illinois - 1889 - 2184 pages
...the, amount of capital of such association actually paid in. Hut 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. 11. Capital stock — impairment thereof. §11. Associations... | |
| United States - 1889 - 90 pages
...such association actually paid in: Provided, that the discount of bond 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 as money borrowed. [Section... | |
| Nebraska - 1889 - 724 pages
...per cent. of the paid up capital of" said bank or corporation. But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed.... | |
| United States - 1889 - 120 pages
...Ktoc^ of such association actually paid in. But the dis etc., not » loan. connt of ijiiis of exchange drawn in good faith against actually existing values, and the discount of commercial от business paper actually owned by the person negotiating the same, shall not be considered as money... | |
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