 | Law - 1875 - 462 pages
...grant of power to engage in the business charged in this declaration. It is not embraced in the power to ' discount and negotiate ' promissory notes, drafts, bills of exchange and other evidences of debt. The ordinary meaning of the term ' to discount ' is to take interest in advance, and in banking is... | |
 | Electronic journals - 1875 - 842 pages
...grant of power to engage in the business charged in this declaration. It is not embraced in the power to "discount and negotiate" promissory notes, drafts, bills of exchange and other evidences of debt. The ordinary meaning of the term " to discount" is to take interest in advance, and in hanking it is... | |
 | Isaac Grant Thompson - Law reports, digests, etc - 1877 - 882 pages
...grant of power to engage in the business charged in this declaration. It is not embraced in the power to " discount and negotiate " promissory notes, drafts, bills of exchange and other evidences of debt. The ordinary meaning of the terms " to discount," is to take interest in advance, and in banking is... | |
 | Isaac Grant Thompson - National banks (U.S.) - 1878 - 1018 pages
...are formed and organized for commercial purposes, and not to deal in real estate. Their business is to discount and negotiate promissory notes, drafts, bills of exchange and other evidcMices of debt, the buying and selling of bills, bullion, and lending of money on personal security.... | |
 | Isaac Grant Thompson - Law reports, digests, etc - 1879 - 888 pages
...business. If included under any specification contained in the statute, it is under that of " negotiating promissory notes, drafts, bills of exchange, and other evidences of debt." To negotiate, means, among other things, " to transfer, to sell, to pass, to procure by mutual intercourse... | |
 | Law reports, digests, etc - 1898 - 2046 pages
...may exercise as Incident to the express authority conferred on such banks by the national banking act to discount and negotiate promissory notes, drafts, bills of exchange, and other evidences of debt (People's Bank v. National Bank. 101 TJ. S. 1ST, 183; TT. S. Nat. Bank v. First Nat. Bank, 49 US App.... | |
 | Irving Browne - National banks (United States). - 1880 - 638 pages
...business. If included under any specification contained in thj statute, jt is under that of " negotiating promissory notes, drafts, bills of exchange, and other evidences of debt." To negotiate, means, among other things, " to transfer, to sell, to pass, to procure by mutual intercourse... | |
 | Law reports, digests, etc - 1900 - 2044 pages
...national bank, whose powers are defined by section 5130, Rev. St. US, which authorizes national banks to discount and negotiate promissory notes, drafts, bills of exchange, and other evidence of indebtedness. It is quite inferable from the contradictory statements of said Rosenow and... | |
 | Albert Sidney Bolles - Banks and banking - 1884 - 356 pages
...sued, elect directors, who, in turn, may elect a president, vice-president, cashier and other officers; discount and negotiate promissory notes, drafts, bills of exchange, and other evidences of debt ; receive deposits, buy and sell exchange, coin and bullion ; loan money on personal security, issue... | |
 | John Torrey Morse (Jr.) - Banking law - 1888 - 808 pages
...grant of power to engage in the business charged in this declaration. It is not embraced in the power to '•discount and negotiate'' promissory notes,...drafts, bills of exchange, and other evidences of debt. The ordinary meaning of the term ' to discount ' is to take interest in advance, and in banking it... | |
| |
To discount and negotiate promissory notes, drafts, bills of exchange and other evidences of debt... 
