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" Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be necessary to carry on the business of banking within the limitations... "
Statutory Revision of the Laws of New York Affecting Banks, Banking and ... - Side 26
redigert av - 1898 - 444 sider
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 1018 sider
...(US), p. 998. By section 5136 of the Revised Statutes, authority is given to tho banking associations " to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the bnsincss of banking, by discounting and negotiating promissory notes, drafts, bills...
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The Southern Law Review: And Chart of the Southern Law and ..., Volum 6

1881 - 982 sider
...Business. — (i.) The Statute. — By the statute governing national banks, power is conferred upon them " to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking: (i) by discounting and negotiating drafts, bills of exchange,...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 sider
...upon the subject are as follows: " Section 5136." Every national banking association is authorized "to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banki'1") °J discounting and negotiating promissory notes, drafts, bills...
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The Southern Law Review, Volum 6

1881 - 1014 sider
...Business. — (i.) The Statute. — By the statute governing national banks, power is conferred upon them " to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking: (l) by discounting and negotiating drafts, bills of exchange,...
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The Supreme Court Reporter, Volum 24

1904 - 906 sider
...general business conducted, and the privileges granted to it by law exercised and enjoyed. "Seventh. To exercise, by its board of directors, or duly authorized officers or agente, subject to law, all such incidental powers a« shall be necessary to carry on the business...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volum 165

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1897 - 784 sider
...places. Sixth. To prescribe, by its board of directors, by-laws not inconsistent with law. Seventh. To exercise, by its board of directors or duly authorized...law, all such incidental powers as shall be necessary to carry on their business of banking, by discounting and negotiating promissory notes, drafts, bills...
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Decisions of the First Comptroller in the Dept. of the Treasury, Volum 6

United States. Comptroller of the Treasury - 1885 - 414 sider
...See First National Bank against National Exchange Bank, 92 US Reports, page 126: "A National Bank can exercise by its Board of Directors, or duly authorized officers or agents, subject to law, all snch incidental powers as shall be necessary to carry on the business of banking, by discounting and...
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The New Hampshire Reports, Volum 61

New Hampshire. Supreme Court - 1887 - 702 sider
...LXII), declaring that any association organized under the act shall be a body corporate, and " may exercise by its board of directors, or duly authorized...agents, subject to law, all such incidental powers as may be necessary to carry on the business of banking, by discounting and negotiating promissory notes,...
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Public and Local Acts of the Legislature of the State of Michigan, Del 2

Michigan - 1887
...general business conducted and the privileges granted to it by law exercised and enjoyed ; • Seventh, To exercise by its board of directors or duly authorized officers or agents, subject to law, all such powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory...
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Arkansas Reports: Cases Determined in the Supreme Court of the ..., Volum 129

Arkansas. Supreme Court - 1918 - 638 sider
...under consideration the Revised Statutes of the United States empowering a national banking association "to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking," etc. Chief Justice Fuller, speaking for the court, in the course...
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