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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. "
Laws of the State of New York - Сторінка 1746
автори: New York (State) - 1893
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Annual Reports of the War Department

United States. War Department - 1908 - 446 стор.
...the bank, actually paid in and unimpaired, and one-tenth part of its unimpaired surplus fund ; 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...
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Annual Report, Том 8,Сторінка 3

1908 - 440 стор.
...signatures and conditions required in the case of private parties. ARTICLE VIII. paired surplus fund; 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...
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Special Report of Wm. H. Taft, Secretary of War, to the President, on the ...

United States. War Department, William Howard Taft - 1908 - 194 стор.
...bank, actually paid in and unimpaired, and one-tenth part of its unim162 paired surplus fund ; 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...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1910 - 652 стор.
...as to destroy the force and effect of the limitation itself. The exceptions to which I refer relate to 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,...
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A Simple Explanation of Modern Banking Customs

Humphrey Robinson - 1910 - 120 стор.
...or individual and the amount so loaned must not exceed thirty per cent, of its capital alone. "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,...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 стор.
...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 negotiating the same...
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Suggested Changes in the Administrative Features of the National Banking ...

United States. National Monetary Commission - 1910 - 386 стор.
...receiver for a failed bank. 6. In my experience I have not run across any cases where the discounting of bills of exchange drawn in good faith against actually existing values has ever caused any bank serious loss. My experience is that I have never been able to get enough of...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1911 - 686 стор.
...as to destroy the force and effect of the limitation itself. The exceptions to which I refer relate to the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business pajK 1 !- actually owned by the pel-son negotiating the...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 стор.
...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. Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions...
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The National-bank Act, as Amended: With Other Laws Relating to National Banks

United States - 1911 - 184 стор.
...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 commerc1al or business paper actually owned by the person negotiating the same...
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