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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 New Financial Architecture: Banking Regulation in the 21st Century

Benton E. Gup - 2000 - 284 pages
...the National Banking Act of 1863, a national banking association shall have the power to carry out the "business of banking; by discounting and negotiating...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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Equity Hedging: OCC Needs to Establish Policy on Publishing Interpretive ...

United States. General Accounting Office - 2001 - 48 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...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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Compilation of Securities Laws Within the Jurisdiction of the Committee on ...

United States - 2001 - 852 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...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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Success and How to Attain It

Andrew Carnegie - 2004 - 448 pages
...and circulation of banknotes, which will be considered later. A general banking business consists in discounting and negotiating promissory notes, drafts, bills of- exchange, and other evidences of debt; in receiving deposits, buying and selling exchange, coin, and bullion, and in loaning money on...
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Federal Reserve Bulletin

1916 - 814 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...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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U.S. Master Bank Tax Guide 2008

Ronald W. Blasi - 2007 - 968 pages
...under current law: To exercise subject to law, all such incidental powers as shall be necessary to cany on the business of banking; by discounting and negotiating...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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