 | Illinois - 1889 - 2184 էջ
...at no time exceed one-tenth part of the, amount of capital of such association actually paid in. Hut the discount of bills of exchange drawn in good faith",...the same, shall not be considered as money borrowed. 11. Capital stock — impairment thereof. §11. Associations may be organized under this act in incorporated... | |
 | Nebraska - 1889 - 724 էջ
...bank or corporation exceed fifty (50) per cent. of the paid up capital of" said bank or corporation. But the discount of bills of exchange drawn in good...actually existing values, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered as money borrowed.... | |
 | United States - 1889 - 90 էջ
...such association actually paid in: Provided, that the discount of bond fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. [Section... | |
 | United States - 1889 - 120 էջ
...capuns'ofexcî'mn!ïefi^al Ktoc^ of such association actually paid in. But the dis etc., not » loan. connt of ijiiis of exchange drawn in good faith against actually existing values, and the discount of commercial от business paper actually owned by the person negotiating the same, shall not be considered as money... | |
 | Michigan. State Banking Department - 1914 - 748 էջ
...paper. The borrower may be the maker or the endorser. Pratt's Digest, 94. Our statute provides that in the discount of commercial or business paper actually owned by the person negotiating the same, it shall not be considered as money borrowed. The application of this provision, in my opinion, relates... | |
 | Michigan. Banking Division - 1891 - 178 էջ
...partners, shall at no time exceed one.tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good...the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations proviso, shall not apply to loans upon real estate... | |
 | Michigan. Legislature - 1891 - 1144 էջ
...partners, shall at no time exceed one-tenth part of the amount of the capital and surplus of such bank; but the discount of bills of exchange drawn in good...the same shall not be considered as money borrowed: Provided, howc-ver, That the foregoing limitations shall not apply to loans upon real estate or other... | |
 | United States. Department of the Treasury - 1891 - 1022 էջ
...of the amount of the capital stock of such association actually paid in. But the discount of bille of exchange drawn in good faith against actually existing...the same, shall not be considered as money borrowed. This limitation is found to be wholesome in its general application, but recent event« indicate that... | |
 | Maine - 1891 - 966 էջ
...of the capital stock of this corporation as is actually paid up, and one-tenth part of its deposits. But the discount of bills of exchange drawn in good...commercial or business paper actually owned by the party negotiating the same, shall not be considered as money borrowed. Sect. 9. The capital stock of... | |
 | Illinois. General Assembly. Senate - 1891 - 1328 էջ
...clause 7th, at lino 28, the following; words: "And, provided furtlier, "that the discount of bills o! exchange drawn in good faith, against actually existing...commercial or business paper actually owned by the person, firm, company or corporation negotiating the same, shall not he considered as prohibited by this section."... | |
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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. 
