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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. "
Principles of Money and Banking: A Series of Selected Materials - Página 209
por Harold Glenn Moulton - 1916 - 785 páginas
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897 - 1164 páginas
...such bank, but the discount of bona fide bills of exchange drawn against actually existing value aad the discount of commercial or business paper actually owned by the person or persons, corporation, company, or firm negotiating the same shall not ba considered money so borrowed....
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The New York Supplement, Volume 49

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 ..., Volume 25

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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Reports of Cases at Law and in Equity Determined by the Supreme ..., Volume 105

Iowa. Supreme Court - 1898 - 900 páginas
...provided: that the discount of botia fide, bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation or firm negotiating the same shall not be cons'dei ed money borrowed." As the...
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Statutory Revision of the Laws of New York Affecting Banks, Banking and ...

Andrew Hamilton - 1898 - 460 páginas
...person negotiating the same, provided, however, that such loans or discounts on such collateral, 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...
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Annual Report of the North Carolina Corporation Commission for the ..., Volume 2

North Carolina. Corporation Commission - 1901 - 618 páginas
...one-tenth part of the amount of the capital stock of such bank or banking association actually paid in. But the discount of bills of exchange drawn In good...the same shall not be considered as money borrowed: Provided, this section shall not apply to banks with a paid up capital of one hundred thousand dollars...
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Acts of the General Assembly of the State of New-Jersey

New Jersey - 1899 - 660 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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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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Lawyers' Reports Annotated, Livro 45

1899 - 932 páginas
...provided: that the •discount of bona fide bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation or firm negotiating the same shall not be considered money borrowed." As the...
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The American State Reports: Containing the Cases of General Value ..., Volume 67

Abraham Clark Freeman - 1899 - 1064 páginas
...in; provided, that the discount of bona fide bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered money borrowed." As the...
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