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" ... per centum of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values. "
Session Laws of the State of Wyoming - Side 32
av Wyoming - 1897
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Annual Report [etc.] on State Banks, Mutual Savings Banks and ..., Utgave 11

Wisconsin. Banking Dept - 1906
...exceed thirty per cent, of the amount of capital and surplus of such hank¡ hut the discounting of hills of exchange drawn in good faith against actually existing values, and the discounting of commercial or husiness paper actually owned hy the person negotiating the same, shall...
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Annual Report

Michigan. Banking Division - 1907
...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 drawn in good faith against actually xxiv STATE BANKING DEPARTMENT. existing values, and the discount of commercial or business paper actually...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1907
...thereof, shall not at any time exceed twenty 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 values or loans upon produce in transit, or upon warehouse or elevator receipts, as...
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Miscellaneous Series, Utgaver 82-87

1919
...per cent of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions...
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Annual Report of the Bank Commissioner of the State of Oklahoma

1908
...several members thereof shall not at any time exceed twenty per cent of the capital stock of such bank, actually paid in, but the discount of bills of exchange drawn in good faith against actual existing values, as collateral security and a discount of commercial or business paper, actually...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 811 sider
...by collateral security worth ten per centum more than the amount or amounts loaned thereon, nor to the discount of bills of exchange drawn in good faith against actually existing values, provided, however, that such loans or discounts on such collaterals shall not exceed one-half the actual...
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Suggested Changes in the Administrative Features of the National Banking Laws

United States. National Monetary Commission - 1910 - 374 sider
...receiver for a failed bank. 6. In my experience I have not run across any cases where the discounting of bills of exchange drawn in good faith against actually existing values has ever caused any bank serious loss. My experience is that I have never been able to get enough of...
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United States Congressional Serial Set

Samuel Alfred Welldon - 1910 - 746 sider
...capital; and the liabilities to any other trust company must not exceed one-fifth of paid-up capital. But the discount of bills of exchange drawn in good faith against existing values, and of commercial paper owned by the person negotiating it, are not considered as...
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The National-bank Act, as Amended: With Other Laws Relating to National Banks

United States - 1911 - 174 sider
...such liabilities shall in no event exceed thirty per centum of the capital stock of the association. But the discount of bills of exchange drawn in good...against actually existing values, and the discount of commerc1al or business paper actually owned by the person negotiating the same shall not be considered...
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Statutes of the State of Nevada Passed at the ... Session of the Legislature

Nevada - 1911
...not at any time exceed twenty- surplus five 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 values, as collateral security, and a discount or purchase of commercial or business...
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