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. Federal Reserve Bulletin - Página 461915Visualização integral - Acerca deste livro
| Massachusetts - 1894 - 760 páginas
...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 negotiating the same,... | |
| United States. Department of Justice - 1909 - 732 páginas
...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,... | |
| United States - 1917 - 706 páginas
...thirteen 'be further voi.ept39,cesp. 752, amended and reenacted so as to read as follows: "io'reign trade "Any member bank may accept drafts or bills of exchange drawn upon it having not more than six months sight to run, exclusive of days of grace, which grow out of transactions... | |
| William Lyman Fawcett - 1876 - 300 páginas
...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 negotiating the same,... | |
| William Lyman Fawcett - 1877 - 302 páginas
...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 negotiating the same,... | |
| William Lyman Fawcett - 1877 - 288 páginas
...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 negotiating the same,... | |
| 1917 - 2042 páginas
...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 negotiating the same,... | |
| Irving Browne - 1880 - 638 páginas
...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 negotiating the same,... | |
| Minnesota - 1883 - 882 páginas
...restriction however the last clause of this section makes two exceptions and only two. First — " The discount of bills of exchange drawn in good faith against actually existing values." Second — " The discount of commercial or business paper actually owned by the person negotiating... | |
| National Board of Trade (U.S.) - 1885 - 230 páginas
...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 negotiating the same,... | |
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