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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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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse - 1879 - 691 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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The Central Law Journal, Volume 8

1879
...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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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 12

United States. Congress. House - 1879
...by their boards of directors, or officers, subject to tow, 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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Reports of Cases Argued and Determined in the Circuit Court of ..., Volume 16

United States. Circuit Court (2nd Circuit) - 1880 - 638 pages
...banks, of which the plaintiff is one, 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, &c. These coupons are doubtless promissory notes, within the statute 3 and 4 Anne, ch. 9, and...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 97-98

1900 - 2044 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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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880
...and further, that they may exercise under the act 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 ; by receiving deposits, by buying and selling exchange, coin and bullion ; by loaning money on...
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Reports of Cases in the Supreme Court of Appeals of Virginia

Virginia. Supreme Court of Appeals - 1880
...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, or bullion; by loaning money on...
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Reports of Cases Argued and Determined in the Circuit and District ..., Volume 1

United States. Circuit Court (6th Circuit), William Searcy Flippin - 1881
...natural persons, * * * and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking, by discounting...promissory notes, drafts, bills of exchange, and other evidence of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 600 pages
...enactment the authority which is given is " to exercise all such incidental powers as shall be necessary to carry on the business of banking, by discounting...negotiating promissory notes, drafts, bills of exchange, coin and bullion, by loaning money on personal security, and by obtaining, issuing, and circulating...
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A Few Facts and Suggestions on Money, Trade, and Banking

Joseph Henry Walker - 1881 - 105 pages
...bank. It says having been qualified to do so, a bank may " carry on the business of banking, namely, 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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