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" The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xxx
by Michigan. State Banking Department - 1914
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Public and Local Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1887
...the company or firm the liabilities of the Ilmltedseveral members thereof, except special partners, shall at no time exceed one-tenth 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...
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Journal of the Senate, Part 35

Illinois. General Assembly. Senate - 1888 - 1248 pages
...firm, for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of capital stock of such association actually paid in. But the discount of bills of exchange drawn, in...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - 1888 - 712 pages
...company or firm, the liabilities of the several members thereof, shall at no time exceed one tenth part of the amount of the capital stock of such association actually paid in.3 But the discount of bills of exchange drawn in good faith against actually existing values, and...
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1889 - 724 pages
...bank or corporation exceed fifty (50) per cent. of the paid up capital of" said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed....
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - 1889 - 120 pages
...imrktiou! money borrowed, inclnding, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capuns'ofexcî'mn!ïefi^al Ktoc^ of such association actually paid in. But the dis etc., not » loan....
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Extracts from the Laws of the United States Relating to Currency and Finance

United States - 1889 - 90 pages
...a company or firm the liabilities of the several members thereof, shall at no time exceed one tenth part of the amount of the capital stock of such association actually paid in: Provided, that the discount of bond fide bills of exchange drawn against actually existing values,...
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Report of Senate Revision Committee, Appointed Under Senate Resolution No. 91

Kansas. Legislature. Senate. Revision Committee - 1890 - 248 pages
...members thereof, shall 4 not at any time exceed fifteen per cent. of the capital stock of such bank 5 actually paid in ; but the discount of bills of exchange drawn in good 6 faith against actual existing values or loans upon produce in transit, or 7 in store as collateral...
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The Pacific Reporter, Volume 26

1891 - 1266 pages
...firm, for money borrowed, Including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth...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...
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The Pacific Reporter, Volume 26

1891 - 1148 pages
...firm, for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth...capital stock of such association actually paid in. Rut the discount of the bills of exchange drawn iu good f ai th against actually existing values, and...
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Session Laws

South Dakota - 1891 - 392 pages
...the liabilities of the several members thereof, shall not at any time exceed fifteen (15) per cent of the capital stock of such association, actually...discount of bills of exchange drawn in good faith against actual existing values or loans upon produce in transit or in store as collateral security and the...
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