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,... Documents Accompanying the Journal of the House - Page 124by Michigan. Legislature - 1889Full view - About this book
| Law - 1879 - 552 pages
...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...drafts, bills of exchange, and other evidences of debt, by receiving deposits, by buying and selling exchange, coin and bullion, by loaning money on... | |
| John Torrey Morse - Banking law - 1879 - 724 pages
...to fill their places, and exercise under this act all such incidental powers as shall be 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... | |
| United States. Congress. House - United States - 1879 - 690 pages
...by their boards of directors, or officers, subject to tow, 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;... | |
| Virginia. Supreme Court of Appeals - Law reports, digests, etc - 1880 - 964 pages
...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...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, or bullion; by loaning money on... | |
| Law reports, digests, etc - 1900 - 2044 pages
...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...drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on... | |
| United States. Circuit Court (2nd Circuit) - Law reports, digests, etc - 1880 - 636 pages
...banks, of which the plaintiff is one, to exercise all such incidental powers as shall be necessary to carry on the business of banking, by discounting...drafts, bills of exchange, and other evidences of debt, &c. These coupons are doubtless promissory notes, within the statute 3 and 4 Anne, ch. 9, and... | |
| Irving Browne - National banks (United States). - 1880 - 638 pages
...and further, that they may exercise under the act all such incidental powers as shall be necessary to carry on the business of banking, by discounting...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... | |
| United States. Circuit Court (6th Circuit), William Searcy Flippin - District courts - 1881 - 754 pages
...natural persons, * * * and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking, by discounting...promissory notes, drafts, bills of exchange, and other evidence of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning... | |
| George Washington Field - Ultra vires - 1881 - 620 pages
...enactment the authority which is given is " to exercise all such incidental powers as shall be necessary to carry on the business of banking, by discounting...negotiating promissory notes, drafts, bills of exchange, coin and bullion, by loaning money on personal security, and by obtaining, issuing, and circulating... | |
| Joseph Henry Walker - Banks and banking - 1881 - 124 pages
...bank. It says having been qualified to do so, a bank may " carry on the business of banking, namely, 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... | |
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