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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. "
Acts of the Legislature of the State of Michigan - Página 11
de Michigan - 1891
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Ohio Corporations Other Than Municipal: As Authorized by the Old and New ...

Abraham Titus Brewer, Gustav Adolf Laubscher - 1900 - 748 páginas
...of such company actually paid in: provided, that the discount of bona 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 money borrowed. 76 OL...
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Acts of the Legislature of West Virginia

West Virginia - 1901 - 914 páginas
...110 time exceed fifty per centum of the capital stock, plus the surplus fund and undivided, profits. But the discount of bills of exchange drawn in good...the same, shall not be considered as money borrowed. The corporations mentioned in this section shall not be construed to mean municipal corporations, districts...
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Reports of Cases Determined in the Appellate Courts of Illinois, Volume 93

Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, James Christopher Cahill, Basil Jones, James Max Henderson, Ray Smith - 1901 - 728 páginas
...capital stock actually paid in, the statute proceeds to say : VOL. 93.] Murry Nelson & Co. v. Leiter. commercial or business paper actually owned by the...person negotiating the same, shall not be considered as borrowed monev." Starr & Curtis' Stat., Chap. I6u, entitled " Banks," Sec. 13. It appears from Mr....
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The International Year Book: A Compendium of the World's Progress ..., Volume 3

1901 - 1204 páginas
...cent, of the paid-up capital stock of the bank. But the discount of bills of exchange drawn against existing values and the discount of commercial or...business paper actually owned by the person negotiating it is not to be considered as money borrowed (present lav.-). Provided, however (proposed amendment),...
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The American State Reports: Containing the Cases of General Value ..., Volume 83

Abraham Clark Freeman - 1902 - 1032 páginas
...shall at no time exceed onetenth part of the amount of capital of such association actually paid in. But the discount of bills of exchange drawn in good...same, shall not be considered as money borrowed." The legislative intent in the enactment of this statute was to prescribe the duties of those officials...
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Official Gazette, Volume 77,Edição 19

Philippines - 1981 - 138 páginas
...separate entities operate merely as departments or divisions of a single entity : Provided, further, That the discount of bills of exchange drawn in good faith...the same, shall not be considered as money borrowed for the purpose of this Section: Provided, finally, That certain types of contingent liabilities of...
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Official Gazette, Volume 96,Edição 13

Philippines - 2000 - 494 páginas
...additional charges or advances made by the NBQB to protect its interests such as taxes, insurance, etc.; c. The discount of bills of exchange drawn in good faith...actually owned by the person negotiating the same, including, but not limited to, the acquisition of export bills from any of its DOSRI which are drawn...
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Official Gazette, Volume 76,Edições 31-34

Philippines - 1980 - 838 páginas
...additional charges or advances made by the bank to protect its interest such as taxes, insurance, etc.; (c) The discount of bills of exchange drawn in good faith...actually owned by the person negotiating the same, including but not limited to the acquisition by a domestic bank of export bills from any of its directors,...
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The American State Reports: Containing the Cases of General Value ..., Volume 83

Abraham Clark Freeman - 1902 - 1026 páginas
...of capital of such association actually paid in. But the discount of bills of exchange drawn in pood faith, against actually existing values, and the discount...same, shall not be considered as money borrowed." The legislative intent in the enactment of this statute was to prescribe the duties of those officials...
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Money and Banking: Illustrated by American History

Horace White - 1902 - 500 páginas
...lend more than one-tenth of its capital to one person, corporation, or firm, directly or indirectly. But the discount of bills of exchange drawn in good...commercial or business paper actually owned by the Restrictions. . . , ... , No bank can become indebted to an amount exceeding its unimpaired capital...
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