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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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Official Opinions of the Attorneys General of the United States: Advising ...

United States. Department of Justice - 1909 - 732 pages
...section 5136, Revised Statutes: '• To exercise * * * 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 loaning money on personal security, * * *." " Subject to the same duties, responsibilities,...
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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, 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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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, 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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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 47

Vermont. Supreme Court - 1875 - 800 pages
...enacted that the banks might exercise under that 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 bnying and selling exchange, coin, and bullion ; by loaning money...
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The American Law Register, Volume 14; Volume 23

1875 - 842 pages
...under this act all such incidental powers as shall be 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...
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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 "all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bilU of exchange and other evidences of debt; by receiving deposits; by buying and selling exchange,...
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The American Law Register, Volume 15

1876 - 816 pages
...of the act, and controlled by all its restrictions and limitations. Express power is given to them to " carry on the business of banking by discounting...notes, drafts, bills of exchange and other evidences of debt ; by buying and selling enchange, coin and bullion ; by loaning money on perxonal security; by...
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The Century of Independence: Embracing a Collection, from Official Sources ...

John Russell Hussey - 1876 - 562 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 on...
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Reports of Cases Ruled and Adjudged in the Several Courts of the ..., Volume 92

Alexander James Dallas - 1876 - 856 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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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1876 - 300 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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