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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 of the Commissioner of the Banking Department of the State of ... - Página xv
de Michigan. Banking Division - 1904
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 141

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1892 - 770 páginas
...stock, but the discount of bills of exchange drawn in good faith against actually existing values, and of commercial or business paper actually owned by the person negotiating the same, is not to be considered as money borrowed. This provision was grossly violated, but while Lee testified...
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A Practical Treatise on the Business of Banking and Commercial Credits

John B. Duryea - 1892 - 448 páginas
...bills of exchange, drawn in good faith against existing values, and the discount of business paper owned by the person negotiating the same, shall not be considered as a loan of money. § 59. Other Loans Prohibited. Banking associations cannot make any loans nor discount...
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The Compiled Statutes of the State of Nebraska: 1881 (6th Ed.), with ...

Nebraska, Guy Ashton Brown, Hiland Hill Wheeler - 1893 - 1370 páginas
...bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed. SEC. 12. [Deposits when insolvent.] — No bank, corporation, firm, or individual engaged in the banking,...
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Congressional Serial Set

1893 - 1184 páginas
...actually pni<l in. But tlic 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 s:une shall not he considered as money borrowed. As the volume of business has increased the magnitude...
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Hand-book for Bank Officers

George Mathewes Coffin - 1893 - 186 páginas
.... The discount of bills of exchange drawn in good faith against actually existing values;" and, "2. The discount of commercial or business paper actually owned by the person negotiating the same." Such paper as is clearly embraced in these two classes, the law says, "shall not be considered as money...
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Laws of the State of New York, Volume 2

New York (State) - 1893 - 960 páginas
...not exceed one-half the actual paid-in capital stock and aurplus of such corprations* or bankers or of commercial or business paper actually owned by the person negotiating the same. 2. No such corporation, nor any of its directors, officers, agents or servants, shall directly or indirectly...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1894 - 344 páginas
...such bank; but the discount of bills of exchange drawn in good faith againet actually existing valnes and the discount of commercial or business paper actually owned by the pereon negotiating the same shall not be coneidered as money borrowed; Provided, however, That the...
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Annual Report of the State Banking Board Showing the Condition of the State ...

Nebraska. State Banking Board - 1898 - 84 páginas
...bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper actually owned by the person negotiating the same shall not be considered as money borrowed.* SEC. 28. Any officer, director, or employe of any corporation, transacting a banking business in this...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1895 - 352 páginas
...such bank; but the discount of bills of exchange drawn in good faith againet actually existing valnes and the discount of commercial or business paper actually owned by the pereon negotiating the same shall not be considered as money borrowed; Provided, however, That the...
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The Revised Statutes, Codes and General Laws of the State of New York ...

New York (State) - 1896 - 1262 páginas
...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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