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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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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 541 sider
...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. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions...
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Wisconsin Session Laws

Wisconsin - 1935
...limitation of thirty per cent in addition to the limitation hereinbefore stated, and 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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The Pacific Reporter, Volum 111

1911
...DeAnnan, who protested against said loans, wrongfully made said loans, the same being in no part for discount of bills of exchange drawn in good faith against actually existing values nor the discount of commercial or business paper, but in violation of section 5200 of the Revised Statutes...
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Revised Laws of Nevada: Containing State Statutes of a General ..., Volum 1

Nevada - 1912
...thereof, shall not at any time exceed twenty-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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Reports of Cases Decided in the Supreme Court of the State of ..., Volum 30

South Dakota. Supreme Court - 1913
...understanding to know what is intended. The statute upon which indictment number eight is based provides : "but the discount of bills of exchange drawn in good faith against actually existing value and the discount of commercial paper actually owned by the person negotiating the same shall...
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Banking and Currency: Hearings Before the Committee on Banking and ..., Del 1

United States. Congress. Senate. Committee on Banking and Currency - 1913
...centum of the unimpaired capital and surplus of said bank; but thus restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values. Any national bank may, at its discretion, accept drafts or bills of exchange drawn upon it [having]...
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Money and Banking

John Thom Holdsworth - 1914 - 439 sider
...the capital and surplus is nullified by the qualification that "this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually . existing values. ' ' This criticism seems to overlook the fact that the paper eligible for rediscount is limited to...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - 1914 - 223 sider
...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. Any member bank may accept drafts or bills of exchange If 91 drawn upon it and growing out of transactions...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 118 sider
...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. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 118 sider
...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. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions...
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