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" The total liabilities to any association, of any person, or of any company, corporation, or firm, for money borrowed, including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth... "
Annual Report - Page xviii
by Michigan. Banking Division - 1905
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in: Provided, That the discount ofbona fide bills of exchange drawn against actually existing values, and...
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The Merchants' Magazine and Commercial Review, Volume 48

William B. Dana - Commerce - 1863
...exclusive of liabilities as acceptor, one-fifth ; and exclusive of liabilities on such bills of exchange, one-tenth part of the amount of the capital stock of such association actually paid in. SEC. 48. And be it further enacted, That no association shall, at any time, pay out on loans or discounts,...
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Acts Passed at the First Session of the 1st Congress - 3d Session of the ...

United States - Law - 1863
...liabilities as acceptor, One fifth ; and exclusive of liabilities on such bills of exchange, one tenth part of the amount of the capital stock of such association actually paid in. SEC. 48. And be it further enacted, That no association shall, What notes as•', ,. , . i • i />,...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864
...corporation, or firm, for money horrowed, inclnding in the liabilities of a company, or firm, the liabilities of the several memhers thereof, shall at no time exceed...capital stock of such association actually paid in : Provided, That the discount of hona fide bills of exchange drawn agaiust actually existing values;...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - Finance - 1864
...exclusive of liabilities as acceptor, one-fifth ; and exclusive of liabilities on such bills of exchange, one-tenth part of the amount of the capital stock of such association- actually paid in. SEC. 48. And be it further enacted, That no association Uncur<ent shall, at any time, pay out on loans...
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The American Annual Cyclopędia and Register of Important Events ...

Encyclopedias and dictionaries - 1864
...liabilities as acceptor, one fifth ; ind exclusive of liabilities on such bills of exchange, CDC tenth part of the amount of the capital stock of such association actually paid in. Sic. 43. And be it further enacted. That no association atiall, at any time, pay out on loans or discounts,...
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American Slavery and Finances, Volumes 1-9

Robert John Walker - Finance - 1864
...exclusive of liabilities as acceptor, one-fifth ; and exclusive of liabilities on such bills of exchange, one-tenth part of the amount of the capital stock of such association actually pnid in. SEC. -18. And be it further enacted, That no association Uncurrent shall, at any time, pay...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - Campaign literature - 1868 - 382 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - Law - 1869
...be kept on hand. Proceedings on neplect to keep such funds in Ibid. J 32. Redemption of circulation. , if he thinks justice will be promoted thereby ; and he may also presc : Provided, That the discount of bond, fide bills of exchange drawn against actually existing values,...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - Banking law - 1870 - 542 pages
...borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of...capital stock of such association actually paid in : Provided, That the discount of bona fide bills of exchange drawn against actually existing values,...
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