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" But 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. "
Annual Report - Page xvii
by Michigan. Banking Division - 1906
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Annual Report

Michigan. Banking Division - Banks and banking - 1896
...good faith against actnally existing valnes and the disconnt of commercial or bnsiness paper actnally owned by the person negotiating the same shall not...the foregoing limitations shall not apply to loans npon real estate or other collateral secnrities anthorized by this act : Provided further, That by...
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The Revised Statutes, Codes and General Laws of the State of New York ...

New York (State) - 1896
...or such discount of bills of exchange drawn in good faith against actually existing values, or such ch has been added or into which has been introduced an v exceed one-half the actual paid-in capital stock and surplus of such corporation or. banker, including...
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The Laws of Wisconsin

Wisconsin - Session laws - 1897
...discounting of bills of exchange, drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by...shall not be considered as money borrowed; provided, that by a two-thirds vote of the directors, the liabilities of any person, coIKirtnership or corporation,...
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Laws of the State of Wisconsin

Wisconsin - Law - 1897
...discounting of bills of exchange, drawn in good faith against actually existing values, and the discounting of commercial or business paper actually owned by...shall not be considered as money borrowed; provided, that by a two-thirds vote of the directors, the liabilities of any person, copartnership or corporation,...
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The Revised Statutes of the State of Utah in Force Jan. 1, 1898

Utah - Law - 1897 - 1224 pages
...paid in; but the discount of hills 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 construed as borrowed money. RSV 3. (1878) % 5200; Mont. Civ. С. \ 583. 381. Minors as depositors....
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Session Laws of 1890-1905: Passed at the 1st-8th Regular Session of the ...

Oklahoma - Law - 1897
...bills of exchange drawn in good faith against actual existing values, and the discount of commercial paper actually owned by the person nego-tiating the same, shall not be considered as money borrowed. penalty for SECTION 35. Any member, stockholder, director, borrowing from bank officer or employe of...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - Iowa - 1897
...such bank, but the discount of bona fide bills of exchange drawn against actually existing value aad the discount of commercial or business paper actually owned by the person or persons, corporation, company, or firm negotiating the same shall not ba considered money so borrowed....
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The New York Supplement

Law reports, digests, etc - 1898
...bxit the discount of bills of exchange drawn in good failli яря Inst actually existing vaines or of commercial or business paper actually owned by...person negotiating the same shall not be considered as a part of any such loan or discount." We do not pause to ascertain how great the excess over the limit...
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Statutory Revision of the Laws of New York Affecting Banks, Banking and ...

Andrew Hamilton - Banking law - 1898 - 458 pages
...thereon, nor to the discount of bill? of exchange drawn in good faith against actually existing values, or of commercial or business paper actually owned by the person negotiating the same, provided, however, that such loans or discounts on such collateral, or sucn discount of bills of exchange...
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Reports of Cases at Law and in Equity Determined by the Supreme ..., Volume 105

Iowa. Supreme Court - Law reports, digests, etc - 1898 - 900 pages
...provided: that the discount of botia fide, bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation or firm negotiating the same shall not be cons'dei ed money borrowed." As the...
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