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" 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 promissory notes, drafts, bills of exchange,... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lxvii
by Michigan. Banking Division - 1913
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 pages
...discounts?' " The banking powers of these associations are to be found in the 8th section, and are " to carry on the business of banking by discounting...negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by buying and selling exchange, coin and bullion; by loaning money on...
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Journal of the Institute of Bankers, Volume 3

Institute of Bankers (Great Britain) - 1882 - 726 pages
...bye-laws for the regulation of the business. To exercise all such incidental powers as are necessary to carry on the business of banking ; by discounting...negotiating promissory notes, drafts, bills of exchange and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin and bullion;...
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The Supreme Court Reporter, Volume 24

1904 - 906 pages
...duly authorized officers or agente, subject to law, all such incidental powers a« shall be necessary to carry on the business of banking; by discounting...negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion;...
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Pratt's Digest of the Revised Statutes of the United States Relating to ...

A.S. Pratt & Sons - 1883 - 130 pages
...by its directors or authorized officers or agents, subject to law, all incidental powers necessary to carry on the business of banking, by discounting...negotiating promissory notes, drafts, bills of exchange and other evidences of debt; by receiving deposits, by buying and selling exchange, coin, and bullion;...
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A Law Dictionary, Adapted to the Constitution and Laws of the ..., Volume 2

John Bouvier - 1883 - 876 pages
...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 promissory notes, etc.; by receiving deposits, by buying and selling exchange, coin and bullion ; by loaning money on...
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Reports of the Decisions of the Appellate Courts of the State of ..., Volume 14

Illinois. Appellate Court, James Bolesworth Bradwell - 1884 - 728 pages
...105 111. 293. BAKER, J. The power given to national banks as respects the matters here in issue, is "to carry on the business of banking by discounting...negotiating promissory notes, drafts, bills of exchange and other evidences of debt." RSUS, First National Bank of Greenville v. Sherburne. Sec. 5136. It is...
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The Ohio Law Journal, Volume 4

1884 - 1022 pages
...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...negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion...
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The Pacific Reporter, Volume 153

1916 - 1240 pages
...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...negotiating promissory notes, drafts, bills of exchange, and other evidences of debt ; by receiving deposits, by buying and selling exchange, coin anil bullion...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 3

1884 - 1126 pages
...language of that section is, "and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking, by discounting...negotiating promissory notes, drafts, bills of exchange and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion;...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 165

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 784 pages
...officers or agents, subject to law, all such incidental powers as shall be necessary to carry on their business of banking, by discounting and negotiating promissory notes, drafts, bills of exchange and other evidences of debts ; by receiving deposits ; by buying and selling exchange, coin and bullion...
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