 | John Torrey Morse (Jr.) - 1888 - 712 páginas
...time exceed one tenth part of the amount of the capital stock of such association actually paid in.3 But the discount of bills of exchange drawn in good faith against actually existing values, and the 1 § 128. Kansas Valley Bank v. Rowell, 2 Dill. 371. 2 § 129. » See Ultra vires, Legislative Intent.... | |
 | Massachusetts. Division of Banks and Loan Agencies - 1889 - 928 páginas
...six months from the time of its purchase, be sold or disposed of at public or private sale. SECT. 17. The total liabilities to such corporation of any person,...negotiating the same, shall not be considered as money boiTowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of its business... | |
 | Illinois - 1889 - 2184 páginas
...at no time exceed one-tenth part of the, amount of capital of such association actually paid in. Hut the discount of bills of exchange drawn in good faith",...the same, shall not be considered as money borrowed. 11. Capital stock — impairment thereof. §11. Associations may be organized under this act in incorporated... | |
 | Nebraska - 1889 - 724 páginas
...bank or corporation exceed fifty (50) per cent. of the paid up capital of" said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed.... | |
 | United States - 1889 - 90 páginas
...such association actually paid in: Provided, that the discount of bond fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. [Section... | |
 | United States - 1889 - 120 páginas
...capuns'ofexcî'mn!ïefi^al Ktoc^ of such association actually paid in. But the dis etc., not » loan. connt of ijiiis of exchange drawn in good faith against actually existing values, and the discount of commercial от business paper actually owned by the person negotiating the same, shall not be considered as money... | |
 | Michigan. State Banking Department - 1914 - 748 páginas
...paper. The borrower may be the maker or the endorser. Pratt's Digest, 94. Our statute provides that in the discount of commercial or business paper actually owned by the person negotiating the same, it shall not be considered as money borrowed. The application of this provision, in my opinion, relates... | |
 | Michigan. Legislature - 1891 - 1144 páginas
...partners, shall at no time exceed one-tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good...the same shall not be considered as money borrowed: Provided, howc-ver, That the foregoing limitations shall not apply to loans upon real estate or other... | |
 | Michigan. Banking Division - 1891 - 178 páginas
...partners, shall at no time exceed one.tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good...the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations proviso, shall not apply to loans upon real estate... | |
 | United States. Department of the Treasury - 1891 - 1022 páginas
...of the amount of the capital stock of such association actually paid in. But the discount of bille of exchange drawn in good faith against actually existing...the same, shall not be considered as money borrowed. This limitation is found to be wholesome in its general application, but recent event« indicate that... | |
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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. 
