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" shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debts, by receiving deposits, by buying and selling exchange coin and bullion, and by loaning money... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lv
by Michigan. Banking Division - 1926
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The American Law Register, Volume 16; Volume 25

1877 - 834 pages
...1864, ch. 100, a bank organized thereunder, is authorized " to exercise 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 evidences of debt; by receiving deposits, by...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - 1878 - 978 pages
...by their boards of directors, or officers, subject to /«fr, such incidental powers as aro 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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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 12

United States. Congress. House - 1879 - 690 pages
...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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Albany Law Journal, Volume 19

1879 - 564 pages
...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 negótintingpromissory notes, drafts, bills of exchange, and other evidences of debt, by receiving...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 pages
...congressional enactment the authority which is given is " to exercise all such incidental powers as shall be necessary to carry on the business of banking,...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 - 116 pages
...by their boards of directors, or officers, subject 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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Albany Law Journal, Volume 25

1882 - 528 pages
...being the price paid for the use of money. The specific power given to National banks, RS, § 5,136, is "to carry on the business of banking by discounting...notes, drafts, bills of exchange and other evidences of debt." So that the discount of negotiable paper is the form according to which they are authorized...
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The Ohio Law Journal, Volume 4

1884 - 1022 pages
...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...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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Decisions of the first comptroller in the department of the ..., Volume 6

United States treasury dept - 1885 - 424 pages
...of Directors, or duly authorized officers or agente, subject to law, all such incidental powers as shall be necessary to carry on the business of banking,...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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Laws of the Territory of Utah Passed by the Legislative Assembly, Volume 28

Utah - 1888 - 264 pages
...discounting or negotiating promissory notes, drafts, bills of exchange and other evidences of debt, by receiving deposits, by buying and selling exchange, coin and bullion, and by loaning on personal or real security. SEC. 6. Banking associations formed under this law shall also have power...
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