 | Law reports, digests, etc - 1882 - 664 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 faith against actual existing values, and the discount of commercial or business paper actually owned by the person... | |
 | Minnesota - 1883 - 882 pages
...restriction however the last clause of this section makes two exceptions and only two. First — " The discount of bills of exchange drawn in good faith against actually existing values." Second — " The discount of commercial or business paper actually owned by the person negotiating... | |
 | Law reports, digests, etc - 1891 - 1170 pages
...part of the amount of the capital stock of midi association actually paid in. But the discount of the bills of exchange drawn in good faith against actually existing values, and the discount of business or commercial paper actually owned by the person negotiating the same, shall not be considered... | |
 | Vermont. General Assembly. Senate - Vermont - 1886 - 416 pages
...consent of a majority of the directors; provided that the discount of dona fide bills of exchange, drawn against actually existing values and the discount of commercial or business paper, actually owned by such director, officer or employe negotiating the same, shall not be considered as money borrowed;... | |
 | Georgia - Law - 1887 - 358 pages
...any contrivance or device exceed one-tenth part of the amount of the capital Exeeption, stock of said bank, but the discount of bills of exchange drawn in good faith, or securities convertible in the open market, shall not be considered as any portion of said liabilities,... | |
 | John Torrey Morse (Jr.) - Banking law - 1888 - 712 pages
...time exceed one tenth part of the amount of the capital stock of such association actually paid in.3 But the discount of bills of exchange drawn in good faith against actually existing values, and the 1 § 128. Kansas Valley Bank v. Rowell, 2 Dill. 371. 2 § 129. » See Ultra vires, Legislative Intent.... | |
 | Nebraska - Session laws - 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 - Banking law - 1889 - 120 pages
...capuns'ofexcî'mn!ïefi^al Ktoc^ of such association actually paid in. But the dis etc., not » loan. connt of ijiiis of 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... | |
 | Maine - Law - 1891 - 966 pages
...of the capital stock of this corporation as is actually paid up, and one-tenth part of its deposits. But the discount of bills of exchange drawn in good...commercial or business paper actually owned by the party negotiating the same, shall not be considered as money borrowed. Sect. 9. The capital stock of... | |
 | Nebraska - Law - 1891 - 1278 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.... | |
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... 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, however. 
