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" To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange,... "
McMaster's Commercial Decisions Affecting the Banker and Merchant [from the ... - Page 277
by James Smith McMaster - 1903
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

Banks and banking - 1879 - 1110 pages
...by their boards of directors, or officers, rihjeet to law, such incidental powers as are necessary to carry on the business of banking ; by discounting and negotiating promissory notes and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin, and bullion...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1178 pages
...officers or any of them at pleasure, and appoint others to fill their places, and exercise under this act all such incidental powers as shall be necessary to...banking by discounting and negotiating promissory notes, checks, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...under this act all suc!i incidental powers as shall he necessary to carry on the business of hanking, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion ; by loaning money on personal...
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The National Quarterly Review, Volumes 11-12

1865 - 838 pages
...compliance with all the requirements of the act, corporate powers are granted for the term of twenty years to carry on the business of banking by discounting...drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; buying and selling exchange, coin, and bullion ; loaning money on personal...
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The National quarterly review, ed. by E.I. Sears, Volumes 10-11

Edward Isidore Sears - 1865 - 870 pages
...compliance with all the requirements of the act, corporate powers are granted for the term of twenty years to carry on the business of banking by discounting...drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; buying and selling exchange, coin, and bullion ; loaning money on personal...
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 21; Volume 88

United States. Supreme Court - Law reports, digests, etc - 1875 - 732 pages
...issue letters of credit. They have power to exercise "iill such incidental powers as shall bo necessary to carry on the business of banking; by discounting...drafts, bills of exchange and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal...
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The Merchants' Magazine and Commercial Review, Volume 54

William B. Dana - Commerce - 1866 - 496 pages
...national currency. The associations also poseeos nil the powert* necessary for carrying on the budines of banking, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidence* of debt ; and by receiving deposit«, buying and selling exchange, coin and bullion ; by...
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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - Commerce - 1867 - 494 pages
...am in receipt of your letter of the 7th of January. Sec. 8 of the National Currency act confers upon national banks "all such incidental powers as shall...drafts, bills of exchange and other evidences of debt," and closes with this provision : " And its usual business shall be transacted at an office or banking...
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The Merchants' Magazine and Commercial Review, Volume 56

1867 - 498 pages
...lam in receipt of your letter of the 7th of January. Sec. 8 of the National Currency act confers upon national banks "all such incidental powers as shall...discounting and negotiating promissory notes, drafts, bills &f exchange and other evidences of debt," aod closes with this provision : " And its usual business...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 438 pages
...officers or any of them at pleasure, and appoint others to fill their places, and exercise under this act all such incidental powers as shall be necessary to...drafts, bills of exchange, and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin, and bullion ; by loaning money on personal...
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