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" ... per centum of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values. "
Session Laws of the State of Wyoming - Side 32
av Wyoming - 1897
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The N.Y. Weekly Digest of Cases Decided in the U.S. Supreme ..., Volum 14

1882
...thereof, shall at no 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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Acts Passed by the General Assembly of Georgia

Georgia - 1876
...of Atianta—Charter. exceed one-tenth part of the amount of the capital stock of said Proviso bank paid in ; but the discount of bills of exchange drawn in good faith, and the discount of commercial paper actually owned by the person negotiating the same shall not be...
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Executive Documents, Minnesota ..., Volum 2

Minnesota - 1883
...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
...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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The Revised Statutes of the State of Illinois: Embracing All Laws of a ...

Illinois - 1887 - 1821 sider
...members thereof, shall at no time exceed one-tenth part of the amount of capital of such association actually paid in. But the discount of bills of exchange drawn in gix>d faith, against actually existing values, aud the discount of commercial or business paper actually...
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Acts Passed by the General Assembly of Georgia

Georgia - 1887
...thereof for money borrowed, shall at no time exceed one-tenth part of the capital stock of said bank paid in, but the discount of bills of exchange drawn in good faitUand the discount of commercial paper actually owned by the person negotiating the same, shall...
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A Treatise on the Law of Banks and Banking, Volum 2

John Torrey Morse (Jr.) - 1888
...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....
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1889
...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....
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The National-Bank Act and Other Laws Relating to National Banks, from the ...

United States - 1889 - 114 sider
...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...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volum 3

Irving Browne - 1889
...corporation or firm for money borrowed, including in them " the liabilities of the several members thereof, shall at no time exceed one-tenth part " of the capital stock actually paid in, does not prevent a bank from recovering of a person to whom it has lent a sum greater than ten per...
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