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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. "
Public and Local Acts of the Legislature of the State of Michigan - Página 13
de Michigan - 1891
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Philippine Law Journal, Volume 16

1937
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Munitions Industry: Hearings Before the Special Committee Investigating the ...

United States. Congress. Senate. Special Committee to Investigate the Munitions Industry - 1937
...percent of the capital stock of the bank — the aforesaid limitation, however, not to apply to discounts of bills of exchange drawn in good faith against actually...actually owned by the person negotiating the same. In reply you are informed that this office has been advised by counsel that governments are not "corporations"...
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Financial Organization and the Economic System

Harold Glenn Moulton - 1938 - 515 páginas
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Trust Companies, Volume 27

1918
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Trust Companies, Volume 24

1917
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Public Laws and Resolutions of the State of North Carolina Passed by the ...

North Carolina - 1897
...part of the amount of the capital stock of such bank or banking association actually paid in. But the the discount of bills of exchange drawn in good faith...the same shall not be considered as money borrowed. SEC. 4. This act shall be in force from and after its ratification. Ratified the 6th day of March,...
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Money and Banking

Frederick Alden Bradford - 1941 - 845 páginas
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House Journal

Kansas. Legislature. House of Representatives - 1908
...transit, or upon warehouse or elevator receipts as collateral security, and the discount of ciimmcrcial or business paper actually owned by the person negotiating...the same, shall not be considered as money borrowed. Overdrafts shall be considered borrowed money for the purpose of this act. and stocks or bonds of the...
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Public Laws and Resolutions of the State of North Carolina Passed by the ...

North Carolina - 1923
...surplus of such industrial bank, but the discount of bona fide bills of exchange or acceptances drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, company, or firm negotiating the same, shall not be considered money so borrowed....
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