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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 State Banking Board Showing the Condition of the State ...

Nebraska. State Banking Board - 1898 - 84 páginas
...an incorporated bank to such bank ex ceed fifty (5O) per cent of the paid up capital of fuch bank. 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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Principles and Practice of Finance: A Practical Guide for Bankers, Merchants ...

Edward Carroll - 1895 - 332 páginas
...allowed to make a loan to any such person in excess of 10 per cent. of its capital, but under both laws the discount of bills of exchange drawn in good faith against actually existing values or commercial or business paper actually negotiated by the person issuing 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 - 1896 - 354 páginas
...good faith against actnally existing valnes and the disconnt of commercial or bnsiness paper actnally owned by the person negotiating the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations shall not apply to loans npon real estate or other...
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The Revised Statutes, Codes and General Laws of the State of New York ...

New York (State) - 1896 - 1262 páginas
...collateral security worth at least fifteen 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, or of commercial от business paper actually owned by the person negotiating the same, provided, however,...
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The Revised Statutes of the State of Utah in Force Jan. 1, 1898

Utah - 1897 - 1262 páginas
...per cent of the amount of the capital stock of such bank actually paid in; but the discount of hills of exchange drawn in good faith against actually existing...owned by the person negotiating the same, shall not be construed as borrowed money. RSV 3. (1878) % 5200»; Mont. Civ. С. \ 583». 381. Minors as depositors....
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Session Laws of 1890-1905: Passed at the 1st-8th Regular Session of the ...

Oklahoma - 1897 - 344 páginas
...bills of exchange drawn in good faith against actual existing values, and the discount of commercial paper actually owned by the person nego-tiating the same, shall not be considered as money borrowed. penalty for SECTION 35. Any member, stockholder, director, borrowing from bank officer or employe of...
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The Laws of Wisconsin

Wisconsin - 1897 - 1392 páginas
...time exceed fifteen per cent, of the amount of capital and surplus of such bank; hut 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 New York Supplement, Volumen49

1898 - 1232 páginas
...bxit the discount of bills of exchange drawn in good failli яря Inst actually existing vaines or of commercial or business paper actually owned by...person negotiating the same shall not be considered as a part of any such loan or discount." We do not pause to ascertain how great the excess over the limit...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volumen25

New York (State). Supreme Court. Appellate Division - 1898 - 746 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 persons negotiating the same, shall nut be...
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Statutory Revision of the Laws of New York Affecting Banks, Banking and ...

Andrew Hamilton - 1898 - 460 páginas
...or sucn discount of bills of exchange drawn in good faith against actually existing values, or such commercial or business paper actually owned by the person negotiating the same shall not exceed one-half the actual paid-in capital stock and surplus of such corporation or banker, including...
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