 | United States - 1907 - 1666 pages
...such liabilities shall in no event exceed thirty per centum of the capital stock of the association. |L6lpmQ Y 3m؝ v 2 , D *S~C ˒Mh KV y AIb6o $, r +... f 5% ҽ * Χ (Ɇ ,/ # I ' $Z S '& o) u # T a Approved, June 22, 1906. CHAP. 3617.—An Act For the relief of KV Walker. Jane 22, 1 '.'••:..... | |
 | West Virginia - 1907 - 710 pages
...per centum of ^the capital stock plus the surplus fund and undivided profits; but the discount (if bills of exchange drawn in good faith against actually...the same, shall not be considered as money borrowed. The corporations mentioned in this section shall not be construed to mean municipal corporations, districts... | |
 | Colorado - 1907 - 740 pages
...at any time exceed twenty per cent, of the capital stock and surplus of such bank, actually paid in; but the discount of bills of exchange drawn in good faith against actual existing values or loans upon produce in transit, or upon warehouse or elevator receipts, as... | |
 | Michigan. Banking Division - 1908 - 586 pages
...time exceed one-tenth part of the amount of the capital stock of such association actually paid in; but the discount of bills of exchange drawn in good...same, shall not be considered as money borrowed." This provision, as found in our General Banking Law and also in the National Banking Law, has never... | |
 | United States. Philippine Commission (1899-1900) - 1908 - 464 pages
...stock of the bank, actually paid in and unimpaired, and one-tenth part of its unimpairedsurplus fund; but the discount of bills of exchange drawn in good...the same shall not be considered as money borrowed. ARTICLE IX. Before making loans on precious metals, merchandise, and goods in warehouse, the value... | |
 | Horace White - 1908 - 508 pages
...lend more than one-tenth of its capital to one person, corporation, or firm, directly or indirectly. But the discount of bills of exchange drawn in good...commercial or business paper actually owned by the Restrictions. ... No bank can become indebted to an amount exceeding its unimpaired capital except... | |
 | William MacDonald - 1908 - 648 pages
...such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. SEC.... | |
 | Ohio - 1908 - 712 pages
...of the paid-up capital and surplus of such corporation. But the discount of bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person, company, corporation or firm negotiating the same shall not be considered as money borrowed. SECTION... | |
 | Wisconsin. Banking Dept - 1908 - 618 pages
...time exceed thirty per cent. of the amount of capital and surplus of such bank ; but the discounting of bills of exchange drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by the person negotiating the same, shall... | |
 | Wyoming - 1909 - 316 pages
...unimpaired amount thereof may be considered as capital stock in determining the maximum of any loan. But the discount of bills of exchange, drawn in good...same, shall not be considered as money borrowed." SUBJECT TO FINE. Sec. 2. Any bank, savings association or loan and trust company incorporated under... | |
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but the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually owned by the person negotiating the same shall not be considered as money borrowed : * * • Provided,... 
