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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 the State of ...

Michigan. Banking Division - 1892 - 330 páginas
...such bank; but the discount of billa of exchange drawn in gcod faith against actually existing valnes and the discount of commercial or business paper actually...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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United States Reports: ... and Rules Announced at ...

United States. Supreme Court - 1892 - 768 páginas
...association of any ;>erson, company, etc., should at no time exceed one-tenth part of the capital stock, but the discount of bills of exchange drawn in good faith against actually existing values, and of commercial or business paper actually owned by the person negotiating the same, is not to be considered...
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The General Banking Laws of the State of New York: Including the Banking Law ...

New York (State) - 1892 - 308 páginas
...liable to an amount exceeding the one-fifth part of its capital stock actually paid in and surplus; but the discount of bills of exchange drawn in good faith against actually existing values, or of commercial or business paper actually owned by the person negotiating the same shall not be considered...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1892 - 312 páginas
...time excced one-teath part of the amouat of the capital and surplus of such bank; but the discouat of bills of exchange drawn in good faith against actually existing values and the discouat of commercial or business paper actually owned by the person negotiating the same shall not...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - 1892 - 1184 páginas
...time exceed one-tenth part of the amount of tbo capital steck of such association actually paid in. But the discount of bills of exchange drawn in good faith against actually existing vaines and the discount of commercial or business paper actually owned by the person negotiating the...
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Congressional Serial Set

1893 - 1184 páginas
...oiie-tcnth part of the amount of the capital stock of such association actually pni<l in. But tlic discount of bills of exchange drawn in good faith...paper actually owned by the person negotiating the s:une shall not he considered as money borrowed. As the volume of business has increased the magnitude...
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Congressional Serial Set

1893 - 1256 páginas
...such association actually paid in. But the discount of bills of exchange drawn in good faith ngainst actually existing values, and the discount of commercial...the same, shall not be considered as money borrowed. This limitation is found to be wholesome in its general application, but recent events indicate that...
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The Compiled Statutes of the State of Nebraska: 1881 (6th Ed.), with ...

Nebraska, Guy Ashton Brown, Hiland Hill Wheeler - 1893 - 1370 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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Hand-book for Bank Officers

George Mathewes Coffin - 1893 - 186 páginas
..."discounts," which are excepted from the restriction as to amount, two exceptions are made, as follows : " 1 . The discount of bills of exchange drawn in good faith against actually existing values;" and, "2. The discount of commercial or business paper actually owned by the person negotiating the same."...
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Laws of the State of New York, Volumen2

New York (State) - 1893 - 960 páginas
...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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