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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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Laws of the State of Utah

Utah - 1901 - 246 sider
...the capital stock paid in and of the surplus earned and set aside as the surplus fund of such bank; but the discount of bills of exchange drawn in good faith against existing values, and the discount o'f commercial or business paper actually owned by the person negotiating...
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The American State Reports: Containing the Cases of General Value ..., Volum 83

Abraham Clark Freeman - 1902 - 1026 sider
...members thereof, shall at no time exceed onetenth part of the amount of capital of such association actually paid in. But the discount of bills of exchange...same, shall not be considered as money borrowed." The legislative intent in the enactment of this statute was to prescribe the duties of those officials...
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Official Gazette, Volum 77,Utgave 19

Philippines - 1981 - 138 sider
...separate entities operate merely as departments or divisions of a single entity: Provided, further, That the discount of bills of exchange drawn in good faith...the same, shall not be considered as money borrowed for the purpose of this Section: Provided, finally, That certain types of contingent liabilities of...
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Official Gazette, Volum 76,Utgaver 31-34

Philippines - 1980 - 838 sider
...additional charges or advances made by the bank to protect its interest such as taxes, insurance; etc. (c) The discount of bills of exchange drawn in good faith...actually owned by the person negotiating the same, including but not limited to the acquisition by a domestic bank of export bills from any of its directors,...
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Official Gazette, Volum 82,Utgaver 30-32

Philippines - 1986 - 492 sider
...additional charges or advances made by the NBQB to protect its interests such as taxes, insurance, etc.; c. The discount of bills of exchange drawn in good faith...actually owned by the person negotiating the same, including but not limited to the acquisition of export bills from any of its directors, officers, stockholders...
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Money, Banking, and Finance

Albert Sidney Bolles - 1903 - 374 sider
...banking law forbids any bank from lending more than one tenth of its capital to a person on his note, " 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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Select Statutes and Other Documents Illustrative of the History of the ...

William MacDonald - 1903 - 466 sider
...such association 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 as money borrowed. SEC....
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History of Coinage and Currency in the United States and the ..., Volum 10

Alonzo Barton Hepburn - 1903 - 696 sider
...such association 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 as money borrowed. SEC....
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Select Statutes and Other Documents Illustrative of the History of the ...

William MacDonald - 1903 - 464 sider
...such association 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 as money borrowed. SEC....
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Laws of the State of Wisconsin

Wisconsin - 1903 - 1006 sider
...time exceed thirty 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, and the discounting of commercial or business paper actually owned by the person negotiating the same, shall...
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