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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 State Banking Board Showing the Condition of the State ... - Side 70
av Nebraska. State Banking Board - 1898
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Public Documents of Massachusetts, Volum 6,Del 1

Massachusetts - 1894 - 760 sider
...part of such amount of the APPENDIX. liii capital stock of this corporation as is actually paid up. But the discount of bills of exchange drawn in good...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...
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Official Opinions of the Attorneys General of the United States: Advising ...

United States. Department of Justice - 1909 - 732 sider
...such liabilities shall in no event exceed thirty per centum of the capital stock of the association. But the discount of bills of exchange drawn in good...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...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1876 - 300 sider
...time exceed one-tenth part of the amount of the capital stock of such association actually paid in. But the discount of bills of exchange drawn in good...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...
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The N.Y. Weekly Digest of Cases Decided in the U.S. Supreme ..., Volum 14

1882 - 664 sider
...time exceed one-tenth part of the amount of the capital stock of such association actually paid in. But the discount of bills of exchange drawn in good faith against actual existing values, and the discount of commercial or business paper actually owned by the person...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 288 sider
...time exceed one-tenth part of the amount of the capital stock of such association actually paid in. But the discount of bills of exchange drawn in good...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...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - 1877 - 302 sider
...time exceed one-tenth part of the amount of the capital stock of such association actually paid in. But the discount of bills of exchange drawn in good...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...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volum 2

Irving Browne - 1880 - 638 sider
...time exceed one-tenth part of the amount of the capital stock of such association actually paid in. But the discount of bills of exchange drawn in good...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...
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Executive Documents, Minnesota ..., Volum 2

Minnesota - 1883 - 882 sider
...restriction however the last clause of this section makes two exceptions and only two. First — " The discount of bills of exchange drawn in good faith against actually existing values." Second — " The discount of commercial or business paper actually owned by the person negotiating...
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The Pacific Reporter, Volum 26

1891 - 1170 sider
...part of the amount of the capital stock of midi association actually paid in. But the discount of the bills of exchange drawn in good faith against actually existing values, and the discount of business or commercial paper actually owned by the person negotiating the same, shall not be considered...
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Proceedings of the ... Annual Meeting of the National Board of Trade, Volum 15

National Board of Trade (U.S.) - 1885 - 230 sider
...limitation which is placed upon the first part. The latter part of the section reads as follows : " But the discount of bills of exchange, drawn in good...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...
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