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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,... "
The Merchants' Magazine and Commercial Review - Page 67
1864
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Albany Law Journal, Volume 10

1874 - 436 pages
...such incidental powers as shall be necessary to carry on the business of banking, by discounting aud negotiating promissory notes, drafts, bills of exchange,...receiving deposits ; by buying and selling exchange, coin aud bullion ; by loaning money on personal security," eto. Then follows in the same act, section 57,...
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Albany Law Journal, Volume 11

1875 - 438 pages
...banking powers, and all such incidental powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, drafts,...other evidences of debt; by receiving deposits; by bnying and selling exchange, coin and bullion; by caning money on personal security; by obtaining,...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 25

1882 - 624 pages
...money. The specific power given to National banks, RS , §5,136,is "to carry on the business of banking by discounting and negotiating promissory notes, drafts, bills of exchange and other evidences of debt." So that the discount of negotiable paper is the form according to which they are authorized to make...
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Reports of Decisions Rendered in the Circuit and District Courts ..., Volume 2

United States. Circuit Courts, Benjamin Vaughan Abbott - 1871 - 648 pages
...under this act all such incidental powers as shall be necessary to carry on the business of banking, by discounting and negotiating promissory notes, drafts,...exchange, coin, and bullion, by loaning money on personal secuShoemaker v. National Mechanics' Bank. rity, by obtaining, issuing, and circulating notes, according...
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 10

United States. Supreme Court - 1871 - 730 pages
...association to exercise all such incidental powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, drafts,...by buying and selling exchange, coin, and bullion, &c. The directors are empowered to regulate by by-laws the manner in which its. general business shall...
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Laws Passed by the ... Legislature of the State of Texas

Texas - 1871 - 840 pages
...places, and exercise all such powers as shall be necessary to carry on a banking and trust business, by discounting and negotiating promissory notes, drafts,...exchange and other evidences of debt ; by receiving money or property on deposit or in trust ; by buying and selling exchange, coin or bullion ; by loaning...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 208 pages
...powers as what business shall be necessary to carry on the business of banking by ^ ay be transact ' discounting and negotiating promissory notes, drafts,...loaning money on personal security; by obtaining, issu3. See section 50, and notes thereon. 4. The cashier is the financial officer, or the executive...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - 1873 - 192 pages
...powers* as what business shall be necessary to carry on the business of banking by ™^ be trarisaet discounting and negotiating promissory notes, drafts,...loaning money on personal security ; by obtaining, issu3. See section 50, and notes thereon. 4. The cashier is the financial officer, or the executive...
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Official Opinions of the Attorneys General of the United States: Advising ...

United States. Department of Justice - 1909 - 732 pages
...exercise * * * all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts,...of exchange, and other evidences of debt * * * by loaning money on personal security, * * *." " Subject to the same duties, responsibilities, and rules,...
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Reports of Cases in the Supreme Court of Appeals of Virginia, Volume 63

Virginia. Supreme Court of Appeals - 1873 - 1024 pages
...under this act 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, and other evidences of debt," &c., "by loaning money on personal security," &c., "and its board of directors shall also have power...
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