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" ... to accept for payment at a future date drafts drawn upon it by its customers, and to issue letters of credit, authorizing the holders thereof to draw drafts upon it or upon its correspondents at sight or on time not exceeding one year... "
Acceptances - Seite 66
von Guaranty Trust Company of New York - 1919 - 76 Seiten
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Laws of the State of Indiana, Passed at the ... Session of the General Assembly

Indiana - 1921 - 1060 Seiten
...exchange and other evidences of debt; to receive deposits subject to check, time and savings deposits; to accept for payment at a future date drafts drawn upon it; to issue letters of credit authorizing the holders thereof to draw drafts on it or its correspondents...
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Smull's Legislative Hand Book and Manual of the State of Pennsylvania

1922 - 1604 Seiten
...Commonwealth shall have power t» accept, for payment at a future date, drafts drawn upon them by their customers, and to issue letters of credit authorizing the holders thereof to draw drafts upon them or their correspondents at sight, or on time not exceeding one yerr. The Act of Congress approved...
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Banking Law of New York: Chapter 2 of Consolidated Laws, Chapter 369, Laws ...

George Wilson Morgan, Amasa Junius Parker - 1914 - 562 Seiten
...company may be given therefor, but it shall have no right to issue bills to circulate as money. 10. To accept for payment at a future date, drafts drawn...to issue letters of credit authorizing the holders tihereof to draw drafts upon it or its correspondents at sight or on time, not exceeding one year....
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Burns' Annotated Indiana Statutes: Showing the General Statutes in ..., Band 1

Indiana - 1921 - 1336 Seiten
...exchange and other evidences of debt ; to receive deposits subject to check, time and savings deposits; to accept for payment at a future .date drafts drawn upon it ; to issue letters of credit authorizing the holders thereof to draw drafts on it or its correspondents...
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An Annotated Revision of the Statutes of Louisiana Through the ..., Band 1

Louisiana, Robert Hardin Marr - 1915 - 960 Seiten
...State are hereby authorized to accept for payment at a future date drafts drawn upon them by their customers and to issue letters of credit authorizing the holders thereof to draw drafts upon them or their correspondents at sight or on time. State Banks May Become Members of Federal Reserve...
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Bank Acceptances

Guaranty Trust Company of New York - 1915 - 20 Seiten
...permitted to accept for payment at a future date drafts drawn upon (them) by (their) customers and issue letters of credit authorizing the holders thereof to draw drafts upon (them) or (their) correspondents at sight or on time, not exceeding one year." By this provision all...
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Annual Report of the Superintendent of Banks Relative to Savings Banks ...

1918 - 748 Seiten
...drafts drawn upon it, payable on demand or on time not exceeding one year from the date of acceptance ; to issue letters of credit authorizing the holders thereof to draw drafts upon it at sight or on time not exceeding one year from the date of any such letter of credit; to discount...
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Banking Laws of the State of Missouri: Revision 1919

1919 - 316 Seiten
...bonds, and all kinds of negotiable and non-negotiable paper, stocks or other investment securities. 12. To accept for payment at a future date, drafts drawn...authorizing the holders thereof to draw drafts upon it or upon its correspondents at sight or on time not exceeding one year: Provided, that no trust company...
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House Bills of House of Delegates of the State of West Virginia for the ...

West Virginia. Legislature. House of Delegates - 1919 - 808 Seiten
...loaning money on personal or other 7 security. Any banking institution may accept for payment at a 8 future date drafts drawn upon it by its customers, and to issue 9 letters of credit authorizing the holders thereof to draw drafts 10 upon it or its correspondents,...
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The Financial Organization of Society

Harold Glenn Moulton - 1921 - 826 Seiten
...A trust company may a) Receive deposits of money. b) Lend money on real or personal securities. c) Accept for payment at a future date drafts drawn upon it by its customers. d) Buy and sell exchange, coin, and bullion. e) Discount and negotiate drafts, promissory notes, bills...
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