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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,... "
Laws of the State of New York - Page 180
by New York (State) - 1831
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Albany Law Journal, Volume 16

1877 - 510 pages
...law of this State, which authorizes State banks, organized under its provisions, " to carry on the business of banking by discounting bills, notes and...buying and selling gold and silver bullion, foreign coin, and foreign and inland bills of exchange, by loaning money on real and personal securities, aud...
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Reports of Cases Decided in the Circuit Courts of the United ..., Volume 1

United States. Circuit Court (4th Circuit) - 1877 - 684 pages
...the business of banking by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt ; by receiving deposits, by buying and selling exchange, coin, and bullion, by loaning money on personal security, by obtaining, issuing, and circulating...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 288 pages
...the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on personal security; and by obtaining, issuing and circulating...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 302 pages
...the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion ; by loaning money on personal security; and by obtaining, issuing and circulating...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1878 - 978 pages
...powers as aro necessary to carry on the business of banking; by discounting and negotiating promissory notes and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion ; by loaning money on personal security ; and by obtaining and issuing...
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Pratt's Digest of the Revised Statutes of the United States Relating to ...

1878 - 112 pages
...the business of banking, by discounting and negotiating promissory notes, drafts, bills of exchange and other evidences of debt; by receiving deposits, by buying and selling exchange, coin, and bullion; by loaning money on personal security, and by issuing circulating notes...
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The American Reports: Containing All Decisions of General ..., Volume 23

Isaac Grant Thompson - 1878 - 864 pages
...198.) Banking — Power of banks ID buy bills and notes. A State bank was authorized " to carry on the business of banking by discounting bills, notes and other evidences of debt, . . . and by exercising such incidental powers as may be necessary to carry on such business." Held,...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 pages
...the business of banking ; by discounting and negotiating promissory notes, drafts, bills of exchange and other evidences of debt : by receiving deposits ; by buying and selling exchange, coin and bullion ; by loaning money on personal security, and by obtaining, issuing and circulating...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 12

United States. Congress. House - 1879 - 690 pages
...powers as are necessary to carry on the business of banking; by discounting and negotiating promissory notes and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining and issuing circulating...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse - 1879 - 724 pages
...than their par value, is usurious.1 The banking law of New York authorized banks to " carry on the business of banking by discounting bills, notes, and other evidences of debt, ... by buying and selling . . . bills of exchange," &c. It has been held, that this did not authorize a bank...
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