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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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Consolidation of National Banking Associations, Etc

United States. Congress. House. Committee on Banking and Currency - 1924 - 270 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 nor to the discount of notes secured by not less than a like amount of obligations of the United States...
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The Discount Policy of the Federal Reserve System

Benjamin Haggott Beckhart - 1924 - 628 sider
...per cent of the unimpaired capital and surplus of such bank; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values. 5) that it is indorsed by a member bank. 6) that it conforms to all applicable provisions of the regulation....
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Digest of Rulings of the Federal Reserve Board (1914-1923, Inclusive): With ...

Board of Governors of the Federal Reserve System (U.S.) - 1924 - 444 sider
...25004—24 17 unimpaired, and 10 per centum of its unimpaired surplus fund: Provided, however, That (1) the discount of bills of exchange drawn in good faith against actually existing values, including drafts and bills of exchange secured by shipping documents conveying or securing title to...
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Practical Banking

Gerald William Jamieson - 1925 - 232 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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Consolidation of National Banking Association, Hearings Before ..., 68-2 on ...

United States. Congress. Senate. Committee on Banking and Currency - 1925 - 130 sider
...paper. Liberalization as to renewed commercial or business paper. No limit. No limit. No limit. 5,000 'Discount of bills of exchange drawn in good faith against actually existing values." Works out same as bill. ' Discount of commercial or business paper actually owned by the parent company,...
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Corporation Laws of the State of Oklahoma Including Laws Relative to Oil and ...

Oklahoma - 1925 - 358 sider
[ Beklager, innholdet på denne siden er tilgangsbegrenset. ]
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Paton's Digest: A Digest of Legal Opinions of Thomas B. Paton ..., Volum 2

Thomas Bugard Paton - 1926 - 1408 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 faith against actually existing values, and the iliscount of commercial or Ьимness paper actually owned by the person negotiating the same shall...
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Consolidation of National Banking Associations, Hearing Before a ...

United States. Congress. Senate. Banking Currency Committee - 1926 - 384 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"; and by inserting in lieu thereof the following words: "The aggregate of such notes, drafts, and bills bearing...
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Consolidation of National Banking Associations

United States. Congress. Senate. Committee on Banking and Currency - 1926 - 384 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"; and by inserting in lieu thereof the following words: "The aggregate of such notes, drafts, and bills bearing...
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Questions and Answers on the Federal Reserve System

Federal Reserve Bank of Richmond, Charles Anthony Peple - 1926 - 204 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." A comparison of this provision of the Act with section 5200 of the National Bank Act will show that...
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