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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,... "
Public and Local Acts of the Legislature of the State of Michigan - Page 227
by Michigan - 1887
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

1879 - 1110 pages
...by their boards of directors, or officers, rihjeet to law, such incidental 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...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - 1863 - 1180 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, checks, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling...
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The Merchants' Magazine and Commercial Review, Volume 51

1864 - 496 pages
...under this act all suc!i incidental powers as shall he necessary to carry on the business of hanking, 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...
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The National quarterly review, ed. by E.I. Sears, Volumes 10-11

Edward Isidore Sears - 1865 - 858 pages
...compliance with all the requirements of the act, corporate powers are granted for the term of twenty years to carry on the business of banking by discounting...drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; buying and selling exchange, coin, and bullion ; loaning money on personal...
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The National Quarterly Review, Volumes 11-12

1865 - 838 pages
...compliance with all the requirements of the act, corporate powers are granted for the term of twenty years to carry on the business of banking by discounting...drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; buying and selling exchange, coin, and bullion ; loaning money on personal...
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 21; Volume 88

United States. Supreme Court - 1875 - 732 pages
...issue letters of credit. They have power to exercise "iill such incidental powers as shall bo necessary to carry on the business of banking; by discounting...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...
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The Merchants' Magazine and Commercial Review, Volume 54

William B. Dana - 1866 - 496 pages
...national currency. The associations also poseeos nil the powert* necessary for carrying on the budines of banking, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidence* of debt ; and by receiving depositĀ«, buying and selling exchange, coin and bullion ; by...
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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - 1867 - 494 pages
...National Currency act confers upon national banks "all such incidental powers as shall be necessary to carry on the business of banking, by discounting...notes, drafts, bills of exchange and other evidences of debt," and closes with this provision : " And its usual business shall be transacted at an office or...
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The Merchants' Magazine and Commercial Review, Volume 56

1867 - 498 pages
...National Currency act confers upon national banks "all such incidental powers as shall be necessary to carry on the business of banking, by discounting and negotiating promissory notes, drafts, bills &f exchange and other evidences of debt," aod closes with this provision : " And its usual business...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking by discounting...drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin, and bullion ; by loaning money...
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