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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. "
Federal Reserve Bulletin - Página 46
1915
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The Laws of New Jersey Relating to Banks and Banking, Trust Companies and ...

James Brooks Dill, New Jersey. Department of Banking and Insurance - 1899 - 98 páginas
...commercial paper made by other parties and actually owned by the person negotiating the same; (2.) The discount of bills of exchange drawn in good faith against actually existing values; (3.) The discount of paper based on collateral security other than promissory notes, the actual market...
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General Laws of New York: Containing All Amendments to the Close ..., Volume 3

New York (State) - 1900 - 862 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 or business paper actually owned by the person negotiating the same, provided, however,...
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The Law of Banks and Banking: Including Acceptance, Demand and Notice of ...

John Maxcy Zane - 1900 - 866 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,...
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Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - 1901 - 944 páginas
...one fifth part of such amount of the 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,...
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Reports of Cases Determined in the Appellate Courts of Illinois, Volume 93

Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, James Christopher Cahill, Basil Jones, James Max Henderson, Ray Smith - 1901 - 728 páginas
...exceeding ten per cent of the bank's capital stock actually paid in, the statute proceeds to say : " But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of VOL. 93.] Murry Nelson & Co. v. Leiter. commercial or business paper actually owned...
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Acts of the Legislature of West Virginia

West Virginia - 1901 - 914 páginas
...time exceed fifty per centum of the capital stock, plus the surplus fund and undivided, profits. 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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Official Gazette, Volume 76,Edições 31-34

Philippines - 1980 - 838 páginas
...additional charges or advances made by the bank to protect its interest such as taxes, insurance, etc.; (c) 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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Money and Banking: Illustrated by American History

Horace White - 1902 - 500 páginas
...more than one-tenth of its capital to one person, corporation, or firm, directly or indirectly. 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 Restrictions. . . , ... , No...
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Official Gazette, Volume 77,Edição 19

Philippines - 1981 - 138 páginas
...separate entities operate merely as departments or divisions of a single entity : Provided, further, That 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 Banks, Parte 1

Massachusetts. Division of Banks and Loan Agencies - 1902 - 826 páginas
...exceed one-fifth of such amount of the capital stock of the 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 it, shall...
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