 | Georgia - 1876 - 456 pages
...paid in ; but the discount of bills of exchange drawn in good faith, and the discount of commercial paper actually owned by the person negotiating the same shall not be considered as borrowed money. Semiannual SEC. VI. Be it furtlier enacted, That the Directors of said div1dends bank... | |
 | William Lyman Fawcett - 1877 - 288 pages
...the capital stock of such association actually paid in. But the discount of bills of exchange drawn m good faith against actually existing values, and the...the same, shall not be considered as money borrowed. (SEC. 5201.) No association shall make any loan or discount on the security of the shares of its own... | |
 | Ohio - 1877 - 650 pages
...of such company 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 money borrowed. SEC.... | |
 | Ohio - 1879 - 366 pages
...of such company actually paid in: provided, that the discount of bona fide Dills 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 money borrowed. SEC.... | |
 | 1881 - 1014 pages
...capital stock paid in. But bills discounted bona fide against existing values, and discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money loaned. Under this section it has generally been held that when such loans have actually been made,... | |
 | Nebraska - 1889 - 724 pages
...bank or corporation exceed fifty (50) per cent. of the paid up capital of" said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed.... | |
 | United States - 1889 - 120 pages
...i^ a l Ktoc ^ of such association actually paid in. But the dis etc., not » loan. conn t o f ijiiis o f exchange drawn in good faith against actually existing values, and the discount of commercial от business paper actually owned by the person negotiating the same, shall not be considered as money... | |
 | Kentucky - 1890 - 1454 pages
...time exceed one-tenth part of the amount of the capital stock actually paid in ; but the discounting of bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper, or business paper actually owned by the person negotiating the same, shall not be considered... | |
 | Michigan. Banking Division - 1891 - 178 pages
...partners, shall at no time exceed one-tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good...considered as money borrowed: Provided, however, That the foregoing limitations proviso. shall not apply to loans upon real estate or other collateral securities... | |
 | South Dakota - 1891 - 388 pages
...agajnst actual existing values or loans upon produce in transit or in store as collateral security and the discount of commercial or business paper actually...the same shall not be considered as money borrowed. § 23. PENALTIES FOR VIOLATION OF ACT.] Any person or persons violating the provisions of this act.... | |
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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,... 
