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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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Session Laws and Resolutions

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 Gth day of March,...
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Wisconsin Session Laws

Wisconsin - 1897
...time exceed fifteen per cent, of the amount of capital and surplus of such bank; but the discounting of bills of exchange, drawn in good faith against actually existing values, arid the discounting of commercial or business paper actually owned by the person negotiating the same,...
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Session Laws of 1890-1905: Passed at the 1st-8th Regular Session of the ...

Oklahoma - 1897
...on any share or shares of stock, exceed twenty-five per cent, of the paid up capital of such bank. But the discount of bills of exchange drawn in good faith against actual existing values, and the discount of commercial paper actually owned by the person nego-tiating...
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Session Laws of 1890-1905: Passed at the 1st-8th Regular Session of the ...

Oklahoma - 1899
...members thereof, shall not at any time exceed 20 per cent of the capital stock and surplus of such bank actually paid in; but the discount of bills of exchange drawn in good faith against actual existing receipts as collateral security, and a discount of commercial or business paper actually...
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Session Laws of 1890-1905: Passed at the 1st-8th Regular Session of the ...

Oklahoma - 1899
...members thereof, shall not at any time exceed 20 per cent of the capital stock and surplus of such bank actually paid in; but the discount of bills of exchange drawn in good faith against actual existing receipts as collateral security, and a discount of commercial or business paper actually...
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Acts of the Legislature of the State of New Jersey

New Jersey - 1899
...or commercial paper made by other parties and actually owned by the person negotiating the same; (2) The discount of bills of exchange drawn in good faith against actually existing values; (3) The discount of paper based on collateral security other than promissory notes, the actual market...
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The Laws of New Jersey Relating to Banks and Banking, Trust Companies and ...

James Brooks Dill, New Jersey. Department of Banking and Insurance - 1899 - 69 sider
...commercial paper made by other parties and actually owned by the person negotiating the same; (2.) The discount of bills of exchange drawn in good faith against actually existing values; (3.) The discount of paper based on collateral security other than promissory notes, the actual market...
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The American State Reports: Containing the Cases of General Value ..., Volum 67

Abraham Clark Freeman - 1899
...in; provided, that the discount of bona fide bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered money borrowed." As the...
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The Law of Banks and Banking

John Maxcy Zane - 1900 - 852 sider
...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...values, and the discount of commercial or business ]«|>er actually owned by the person negotiating the same, shall not be considered as money borrowed....
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Acts of the legislature of west virginia

1901
...110 time exceed fifty per centum of the capital stock, plus the surplus fund and undivided, profits. But the discount of bills of exchange drawn in good...the same, shall not be considered as money borrowed. The corporations mentioned in this section shall not be construed to mean municipal corporations, districts...
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