Federal Decisions: Cases Argued and Determined in the Supreme, Circuit and District Courts of the United States, Volume 3Gilbert Book Company, 1884 - Law reports, digests, etc |
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Page 78
... discounts . It provides expressly for the establishment of offices of discount and deposit ; and the very clause now under consideration recognizes the power of the bank to make loans and discounts , and restricts it from taking more ...
... discounts . It provides expressly for the establishment of offices of discount and deposit ; and the very clause now under consideration recognizes the power of the bank to make loans and discounts , and restricts it from taking more ...
Page 79
... discount , and permitted , by necessary inference , from the last clause in that rule . The true interpretation , however , of that rule is , not that it prohibits pur- chases generally , but that it prohibits buying and selling for the ...
... discount , and permitted , by necessary inference , from the last clause in that rule . The true interpretation , however , of that rule is , not that it prohibits pur- chases generally , but that it prohibits buying and selling for the ...
Page 80
... discount notes , a contract not made void by the act itself could , on this account , be avoided by a party to the original contract , who was not a party to the sub- sequent transfer . § 21. Discounting from face of a note the interest ...
... discount notes , a contract not made void by the act itself could , on this account , be avoided by a party to the original contract , who was not a party to the sub- sequent transfer . § 21. Discounting from face of a note the interest ...
Page 89
... discounts whatever , is not a bank within the meaning of the word used in R. S. , 3407 , relating to the revenue . ( Approving S. C. , 16 Alb ... discount bills and notes . Held , that under this provision 89 POWERS OF THE BANK . SS 31-42 .
... discounts whatever , is not a bank within the meaning of the word used in R. S. , 3407 , relating to the revenue . ( Approving S. C. , 16 Alb ... discount bills and notes . Held , that under this provision 89 POWERS OF THE BANK . SS 31-42 .
Page 90
... discount.- The power conferred by a provision of a bank charter " to dis- count upon banking principles " refers to the taking of interest in advance , and is not a pro- hibition against taking a higher rate than six per cent . M'Lean v ...
... discount.- The power conferred by a provision of a bank charter " to dis- count upon banking principles " refers to the taking of interest in advance , and is not a pro- hibition against taking a higher rate than six per cent . M'Lean v ...
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Common terms and phrases
acceptance action agent agreement amount appears applied assignment association authority become bill of exchange bonds bound brought cashier cause certificate charge circuit circumstances claim collateral collection consideration considered contract corporation course court creditor debt debtor decision defendant delivered demand deposit directors discount draft drawer drawn duty effect entitled equity error evidence existence express fact funds give given hands held hold holder indorsement instruction interest issue judgment jury letter liability loan maker maturity National Bank necessary negotiable notice objection officers opinion owner paid parties payable payment person plaintiff pledge possession present principal proceeds promise promissory note purchase question reason received recover refused respect rule shares statute stockholders sufficient suit surety taken tion transaction transfer United York
Popular passages
Page 537 - that the laws of the several States, except where the Constitution, treaties, or statutes of the United States shall otherwise require or provide, shall be regarded as rules of decision in trials at common law in the courts of the United States, in cases where they apply.
Page 100 - 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, and other evidences of debt...
Page 551 - It is a familiar canon of construction that a thing which is within the intention of the makers of a statute is as much within the statute as if it were within the letter; and a thing which is within the letter of the statute is not within the statute unless it be within the intention of the makers.
Page 323 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth. Such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts due to it...
Page 316 - ... a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon. And in case a greater rate of interest has been paid, the person or persons paying the same, or their legal representatives, may recover back, in any action of debt, twice the amount of the interest thus paid from the association taking or receiving the same: Provided, that such action is commenced within two years from the time the usurious transaction...
Page 309 - The taking, receiving, reserving or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill or other evidence of debt carries •with it, or which has been agreed to be paid thereon.
Page 259 - States any deficiency in redeeming the notes of such association, the Comptroller shall make a ratable dividend of the money so paid over to him by such receiver on all such claims as may have been proved to his satisfaction or adjudicated in a court of competent jurisdiction...
Page 537 - In the ordinary use of language, it will hardly be contended that the decisions of courts constitute laws. They are, at most, only evidence of what the laws are, and are not of themselves laws.
Page 333 - That suits, actions, and proceedings against any association under this Title may be had in any circuit, district, or territorial court of the United States held within the district in which such association may be established, or in any State, county, or municipal court in the county or city in which said association is located having jurisdiction in similar cases.
Page 243 - The shareholders or stockholders of every banking or insurance corporation or association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such corporation or association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares or stock.