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" actually paid in. 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.... "
Report of the Corporation Commission - Side 49
av North Carolina. Corporation Commission - 1907
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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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Gold and Debt; and American Hand-Book of Finance

W.L. Fawcett - 1877
...the capital stock of such association actually paid in. But the discount of bills of exchange drawn m good faith against actually existing values, and the...the same, shall not be considered as money borrowed. (SEC. 5201.) No association shall make any loan or discount on the security of the shares of its own...
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Acts of the State of Ohio

Ohio - 1877
...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. SEC....
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Acts of the State of Ohio, Volum 76

Ohio - 1879
...of such company actually paid in: provided, that the discount of bona fide Dills 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. SEC....
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The Southern Law Review, Volum 6

1881
...capital stock paid in. But bills discounted bona fide against existing values, and discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money loaned. Under this section it has generally been held that when such loans have actually been made,...
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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
...i^ a l Ktoc ^ of such association actually paid in. But the dis etc., not » loan. conn t o f ijiiis o f 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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Acts of the General Assembly of the Commonwealth of Kentucky, Passed, Volum 1

Kentucky - 1890
...time exceed one-tenth part of the amount of the capital stock actually paid in ; but the discounting of bills of exchange drawn in good faith against actually existing values, and the discount of commercial paper, or business paper actually owned by the person negotiating the same, shall not be considered...
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Report of Senate Revision Committee, Appointed Under Senate Resolution No. 91

Kansas. Legislature. Senate. Revision Committee - 1890 - 228 sider
...members thereof, shall 4 not at any time exceed fifteen per cent, of the capital stock of such bank 5 actually paid in ; but the discount of bills of exchange drawn in good 6 faith against actual existing values or loans upon produce in transit, or 7 in store as collateral...
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Annual Report, Volum 2

Michigan. Banking Division - 1891
...partners, shall at no time exceed one-tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good...the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations proviso. shall not apply to loans upon real estate...
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