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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 - Side 32
av Wyoming - 1897
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Money and Banking

John Thom Holdsworth - 1914 - 464 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 - 232 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 - 128 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 - 138 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 Statutes Annotated: Containing All the Laws of the ..., Volum 10

United States - 1914 - 962 sider
...centum of the \mimpaired 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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Banking: Part I: Banking Principles

1914 - 600 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 Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 sider
...unsatisfactory, because it is followed by the stipulation, "but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values. " It is urged that this qualification renders of no effect the preceding limitation. In the words of...
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Journal, Volumer 2-3

Texas. Legislature. Senate - 1914 - 484 sider
...capital and surplus of such bank tendering the same for discount, but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing valuos. (j) The Bank of Texas may purchase and sell in the open market, under rules adopted by its...
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Ruling Case Law: As Developed and Established by the Decisions and ..., Volum 3

William Mark McKinney, Burdett Alberto Rich - 1914 - 1424 sider
...of the amount of the capital stock of the bank actually paid and a tenth part of its surplus funds; but the discount of bills of exchange drawn in good faith against actual existing values, and the discount of commercial or business paper actually owned by the person...
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A History of Currency in the United States, with a Brief Description of the ...

Alonzo Barton Hepburn - 1915 - 570 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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