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" But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed. "
Public Documents of Massachusetts - Página li
por Massachusetts - 1894
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Annual Report of the Commissioner of the Banking Department of ..., Volumen25

Michigan. State Banking Department - 1914 - 748 páginas
...paper. The borrower may be the maker or the endorser. Pratt's Digest, 94. Our statute provides that in the discount of commercial or business paper actually owned by the person negotiating the same, it shall not be considered as money borrowed. The application of this provision, in my opinion, relates...
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Documents Accompanying the Journal of the House, Parte1

Michigan. Legislature - 1891 - 1144 páginas
...partners, shall at no time exceed one-tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good...the same shall not be considered as money borrowed: Provided, howc-ver, That the foregoing limitations shall not apply to loans upon real estate or other...
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Annual Report of the Commissioner of the Banking Department of the ..., Volumen2

Michigan. Banking Division - 1891 - 178 páginas
...partners, shall at no time exceed one.tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good...the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations proviso, shall not apply to loans upon real estate...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - 1891 - 1022 páginas
...of the amount of the capital stock of such association actually paid in. But the discount of bille of exchange drawn in good faith against actually existing...the same, shall not be considered as money borrowed. This limitation is found to be wholesome in its general application, but recent event« indicate that...
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Acts and Resolves Passed by the ... Legislature of the State of Maine

Maine - 1891 - 966 páginas
...of the capital stock of this corporation as is actually paid up, and one-tenth part of its deposits. But the discount of bills of exchange drawn in good...commercial or business paper actually owned by the party negotiating the same, shall not be considered as money borrowed. Sect. 9. The capital stock of...
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Session Laws

South Dakota - 1891 - 392 páginas
...against actual existing values or loans upon produce in transit or in store as collateral security and the discount of commercial or business paper actually...the same shall not be considered as money borrowed. § 23. PENALTIES FOR VIOLATION OF ACT.] Any person or persons violating the provisions of this act....
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Journal of the Senate of the General Assembly, Parte37

Illinois. General Assembly. Senate - 1891 - 1328 páginas
...clause 7th, at lino 28, the following; words: "And, provided furtlier, "that the discount of bills o! exchange drawn in good faith, against actually existing...commercial or business paper actually owned by the person, firm, company or corporation negotiating the same, shall not he considered as prohibited by this section."...
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Consolidated Statutes of Nebraska, 1891: Being a Compilation of All the Laws ...

Nebraska, Joseph Elliott Cobbey - 1891 - 1382 páginas
...bank or corporation, exceed fifty (50) per cent of the paid up capital of said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed....
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The Compiled Statutes of the State of Nebraska, 1881

Nebraska - 1891 - 1278 páginas
...bank or corporation, exceed fifty (50) per cent of the paid up capital of said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed....
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Laws of the United States Relating to Currency, Finance, and Banking from ...

United States - 1891 - 332 páginas
...such association actually paid in: Provided, that the discount of bond fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. [Section...
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