 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.  Wisconsin Session Laws - Page 373by Wisconsin - 1935Full view - About this book
 | Michigan. Department of Attorney General - 1903 - 172 pages
...the force and effect of the limitation itself. The exception to which I refer relate to 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, and which... | |
 | 1903 - 1036 pages
...paid In, but the discount of bills of exchange drawn in good faith, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered borrowed money." Section 6, the substance of which was set forth In the defendant's answer, contains... | |
 | James Smith McMaster - 1903 - 1004 pages
...paid in, but the discount of bills of exchange drawn in good faith, and the discount of commercial paper actually owned by the person negotiating the same, shall not be considered borrowed money." Section 6, the substance of which was set forth in the defendant's answer, contains... | |
 | Millard Filmore Watts, Missouri - 1903 - 576 pages
...shall not be considered as 'money borrowed within the meaning of this section, viz.: (1) The discount of bills of exchange drawn in good faith against actually existing values. (2) The discount of paper based upon the collateral security of warehouse receipts covering agricultural... | |
 | Wisconsin. Banking Dept - 1904 - 572 pages
...partners, shall at no time exceed thirty per cent, of the amount of capital and surplus of such bank; but the discounting of bills of exchange drawn in good...negotiating the same, shall not be considered as money 1xxrrowed ; provided, that by a two-thirds vote of the directors, the liabilities of any person, co-partnership... | |
 | John Melville Gould - 1904 - 326 pages
...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 same shall not be considered as money borrowed." Eeferred to in Briggs v. Spaulding, 141 US 132, 143, 161; Thompson v. Sioux Falls Nat. Bank, 150 US... | |
 | John Melville Gould - 1904 - 316 pages
...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 shall not... | |
 | Michigan. Banking Division - 1904 - 422 pages
...discount of bills of exchange drawn in good faith against actually exlsting values, and the discount of commercial or business paper actually owned by the person negotiating the same, and which in my opinion should be strictly construed and should be held to apply to no transaction... | |
 | Colorado. Court of Appeals - 1904 - 696 pages
...one-tenth of its capital stock actually paid in, but that the discount of commercial or business paper owned by the person negotiating the same shall not be considered as money loaned ; it imposes upon the bank the duty of making and transmitting to the comptroller of the currency... | |
 | United States - 1905 - 1032 pages
...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, shall not... | |
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