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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. "
Annual Report of the Bank Commissioner of the State of Oklahoma - Page 268
1908
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Public Documents of Massachusetts, Volume 6, Part 1

Massachusetts - Massachusetts - 1894 - 760 pages
...part of such amount of the APPENDIX. liii capital stock of this corporation as is actually paid up. 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...
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Official Opinions of the Attorneys General of the United States: Advising ...

United States. Department of Justice - Attorneys general's opinions - 1909 - 732 pages
...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 discount of commercial or business paper actually owned by the person...
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The N.Y. Weekly Digest of Cases Decided in the U.S. Supreme ..., Volume 14

Law reports, digests, etc - 1882 - 664 pages
...thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in. 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 negotiating the same,...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1876 - 300 pages
...thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in. 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...
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Acts Passed by the General Assembly of Georgia

Georgia - Law - 1876 - 456 pages
...of Atianta—Charter. exceed one-tenth part of the amount of the capital stock of said Proviso bank paid in ; but the discount of bills of exchange drawn in good faith, and the discount of commercial paper actually owned by the person negotiating the same shall not be...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - Finance - 1877 - 302 pages
...thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in. 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...
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Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and ...

William Lyman Fawcett - History - 1877 - 288 pages
...thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in. 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...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - National banks (United States). - 1880 - 638 pages
...thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in. 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...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 241-242

Law reports, digests, etc - 1917 - 2042 pages
...thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in. 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...
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Proceedings of the ... Annual Meeting of the National Board of Trade, Volume 15

National Board of Trade (U.S.) - Transportation - 1885 - 230 pages
...limitation which is placed upon the first part. The latter part of the section reads as follows : " 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...
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