 | United States. Congress. Senate. Committee on Banking and Currency - 1958 - 500 sider
...granted to it by law exercised and enjoyed ; and (7) to exercise, by its board of directors or its duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry out its functions under this Act. ELECTION OF DIRECTORS SEC. 303. (a) After the expiration... | |
 | United States Congress. House. Banking and Currency Committee - 1958 - 908 sider
...business may be conducted, and the privileges granted to it T>y law may be exercised and enjoyed. " Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this section and such incidental powers as shall... | |
 | 1927 - 1640 sider
...relating to the powers of state banks, so far as material in this case, reads: "Powers. — . . . (7) To exercise by its board of directors, or* duly authorized...banking, by discounting and negotiating promissory notes, bills of exchange, drafts and other evidences of debt, by receiving deposits, by buying and selling... | |
 | United States Congress. House. Banking and Currency Committee - 1964 - 164 sider
...Congress when it enacted the National Bank Act and defined the powers of national banks, as follows : "To exercise by its board of directors or duly authorized...law, all such incidental powers as shall be necessary to carry on tne business of banking; by discounting and negotiating promissory notes, drafts, bills... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1964 - 162 sider
...transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed ; Seventh, To exercise by its board of directors or...authorized officers or agents, subject to law, all such power as shall be necessary to carry on the business of banking by discounting and negotiating promissory... | |
 | United States. Congress. House. Committee on Banking and Currency - 1964 - 174 sider
...our letter of March 18, 1963. Paragraph 7 of 12 USC 24 clearly authorizes a national bank to exercise "all such incidental powers as shall be necessary...business of banking; by discounting and negotiating » • • evidences of debt ; * * *." The use of a semicolon at the end of the first clause of the... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1964 - 1764 sider
...transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed ; Seventh, To exercise by its board of directors or...authorized officers or agents, subject to law. all such power as shall be necessary to carry on the business of banking by discounting and negotiating promissory... | |
 | 1927 - 1702 sider
...relating to the powers of state banks, so far as material in this case, reads: "Powers. — . . . (7) To exercise by its board of directors, or duly authorized...banking, by discounting and negotiating promissory notes, bills of exchange, drafts and other evidences of debt, by receiving deposits, by buying and selling... | |
 | United States. Congress. House. Banking and Currency Committee - 1965 - 624 sider
...national banks. 47-444—65 26 Paragraph seventh of 12 USC 24 authorizes a national bank to exercise "all such incidental powers as shall be necessary...business of banking ; by discounting and negotiating * * * evidences of debt; * * *." Prior to the Comptroller's ruling, a lease financing transaction had... | |
 | United States Congress. House. Banking and Currency Committee - 1966 - 482 sider
...first noted that a semicolon appears after the initial clause of paragraph Seventh of section 24 : "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; * * *" and that each of the subsequent clauses in that first sentence... | |
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Seventh. To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills... 
