| Kentucky - Law - 1918 - 808 pages
...the individual members thereof, exceed thirty per cent., of its paid-up capital and actual surplus: Provided, that the discount of bills of exchange drawn...corporation, selling or negotiating said paper to the bank. Approved March 26, 1918 CHAPTER 48. AN ACT to amend Subsection 8 of Chapter 9a Kentucky Statutes, being... | |
| Massachusetts - Massachusetts - 1894 - 760 pages
...discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by...person negotiating the same, shall not be considered as money borrowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of its... | |
| United States. Department of Justice - Attorneys general's opinions - 1909 - 732 pages
...discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by...person negotiating the same, shall not be considered as money borrowed." Section 5202, Revised Statutes, enacts : " No association shall at any time be indebted,... | |
| United States - Law - 1917 - 706 pages
...company, but the discount of bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by...borrowed money within the meaning of this section. r.,» req ,р^е pecierai reserve bank, as a condition of the discount of notes, drafts, and bills... | |
| Law reports, digests, etc - 1882 - 664 pages
...discount of bills of exchange drawn in good faith against actual existing values, and the discount of commercial or business paper actually owned by...person negotiating the same, shall not be considered as money borrowed." US Rev. Stat., £ 5200. These drafts had no valid or legal inception until they were... | |
| William Lyman Fawcett - Finance - 1876 - 300 pages
...discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by...person negotiating the same, shall not be considered as money borrowed. (SEC. 5201.) No association shall make any loan or discount on the security of the... | |
| Georgia - Law - 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 may semi-annually... | |
| William Lyman Fawcett - History - 1877 - 288 pages
...discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by...person negotiating the same, shall not be considered as money borrowed. (SEC. 5201.) No association shall make any loan or discount on the security of the... | |
| William Lyman Fawcett - Finance - 1877 - 302 pages
...discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by...person negotiating the same, shall not be considered as money borrowed. (SEC. 5201.) No association shall make any loan or discount on the security of the... | |
| Irving Browne - National banks (United States). - 1880 - 638 pages
...discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by...person negotiating the same, shall not be considered as money borrowed. Thomp. NB Cas. 150, 169, 175, 396, 488, 888, 869 ; ante, 400. Associations not to loan... | |
| |