 | 1875 - 842 pages
...of power to engage in the business charged in this declaration. It is not embraced in the power to "discount and negotiate" promissory notes, drafts, bills of exchange and other evidences of debt. The ordinary meaning of the term " to discount" is to take interest in advance, and in hanking it is... | |
 | 1875 - 462 pages
...of power to engage in the business charged in this declaration. It is not embraced in the power to ' discount and negotiate ' promissory notes, drafts, bills of exchange and other evidences of debt. The ordinary meaning of the term ' to discount ' is to take interest in advance, and in banking is... | |
 | 1898 - 2046 pages
...exercise as Incident to the express authority conferred on such banks by the national banking act to discount and negotiate promissory notes, drafts, bills of exchange, and other evidences of debt (People's Bank v. National Bank. 101 TJ. S. 1ST, 183; TT. S. Nat. Bank v. First Nat. Bank, 49 US App.... | |
 | Albert Sidney Bolles - 1884 - 354 pages
...by the deposit of United States bonds, or otherwise, for the faithful performance of their duties. The association may sue and be sued, elect directors,...circulate its own notes, and make all needful by-laws n<,,. inconsistent with the Banking Act. There must be at least five directors. Each director must... | |
 | 1884 - 1126 pages
...banking. They may make by-laws, discount and negotiate promissory notes, drafts, bills of exchange or other evidences of debt; receive deposits, buy and...coin and bullion; loan money on personal security, and obtain, issue and circulate notes, according to the provisions of the act to provide a national... | |
 | John Torrey Morse (Jr.) - 1888 - 808 pages
...of power to engage in the business charged in this declaration. It is not embraced in the power to '•discount and negotiate'' promissory notes, drafts, bills of exchange, and other evidences of debt. The ordinary meaning of the term ' to discount ' is to take interest in advance, and in banking it... | |
 | Louis Lafayette Williams - 1890 - 294 pages
...declaration that the certificate is made to enable them to avail themselves of the -advantages of the act. 17 The association may sue and be sued, elect directors,...security, issue and circulate its own notes, and make all needfu) by-laws not inconsistent with the Banking Act. " There must be at least five directors. Each... | |
 | United States. Supreme Court - 1890 - 736 pages
...banking. They may 'make by-laws, discount and negotiate promissory notes, drafts, bills of exchange, or other evidences of debt; receive deposits, buy and...coin, and bullion; loan money on personal security and obtain, issue, and circulate notes, according to the provisions of the act to provide a National... | |
 | New York State Library - 1903 - 568 pages
...corporation, to art as assignee, trustee or receiver in any assignment for the benefit of creditors, to discount and negotiate promissory notes, drafts, bills of exchange, and other evidences of debt, to buy and sell exchange, coin and bullion, and to receive money on deposit subject to check. In view... | |
 | Thomas Carl Spelling - 1892 - 736 pages
...business. In a case involving a review of this subject, Wagner, J., said :— " Their business is to discount and negotiate promissory notes, drafts, bills of exchange, and other evidences of debt, the buying and selling of bills, bullion, and the lending of money on personal security. To permit... | |
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To discount and negotiate promissory notes, drafts, bills of exchange and other evidences of debt... 
