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" To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange,... "
National Bank Cases: Containing All Decisions of Both the Federal and State ... - Seite 388
von Irving Browne - 1889
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National Bank Cases: Containing All Decisions of Both the Federal ..., Band 2

Irving Browne - 1880 - 638 Seiten
...be necessary to carry on the business of banking, by discounting and negotiating promissory notes, drafts, bills of exchange and other evidences of debt, by receiving deposits," etc. Nothing in the act explains or qualifies the terms italicised. To hand over with an indorsement...
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A Few Facts and Suggestions on Money, Trade, and Banking

Joseph Henry Walker - 1881 - 124 Seiten
...bank may " carry on the business of banking, namely, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...selling exchange, coin, and bullion ; by loaning money (its property) on personal security ; by obtaining, issuing, and circulating notes, according to the...
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Reports of Cases Argued and Determined in the Circuit and District ..., Band 1

United States. Circuit Court (6th Circuit), William Searcy Flippin - 1881 - 754 Seiten
...banking, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidence of debt; by receiving deposits; by buying and selling...and bullion; by loaning money on personal security," etc. Then follows, in the same act, Sec. 57, already quoted, providing "That suits, actions, and proceedings,...
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The American Reports: Containing All Decisions of General Interest ..., Band 36

Isaac Grant Thompson - 1881 - 968 Seiten
...shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...receiving deposits; by buying and selling exchange, com and bullion; by loaning money on personal security, by obtaining, issuing and circulating notes...
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The Southern Law Review: And Chart of the Southern Law and ..., Band 6

1881 - 982 Seiten
...(3) by buying and selling exchange, coin, and bullion; (4) by loaning money on personal security; (5) and by obtaining, issuing, and circulating notes according to the provisions of this title." ' This section has been said to embody five distinct grants of power, no one of which is a limitation...
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The Southern Law Review, Band 6

1881 - 1014 Seiten
...by buying and selling exchange, coin, and bullion ; (4) by loaning money on personal security; (5) and by obtaining, issuing, and circulating notes according to the provisions of this title." ' This section has been said to embody five distinct grants of power, no one of which is a limitation...
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The Doctrine of Ultra Vires: Illustrated and Explained by Selected Cases ...

George Washington Field - 1881 - 620 Seiten
...banks organized under its provisions, 'to carry on the business of banking by discounting bills, notes, and other evidences of debt, by receiving deposits, by buying and selling gold and silver bullion, foreign coin, and foreign and inland bills of exchange, by loaning money on...
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Journal of the Institute of Bankers, Band 3

Institute of Bankers (Great Britain) - 1882 - 726 Seiten
...are necessary to carry on the business of banking ; by discounting and negotiating promissory notes, drafts, bills of exchange and other evidences of debt...and circulating notes according to the provisions of the Act. This last paragraph is of considerable importance as it has been judicially held to comprise...
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The Supreme Court Reporter, Band 24

1904 - 910 Seiten
...be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of...notes according to the provisions of this title." And, again, by I 5145 (US Сотр. Stat. 1901, p. 3403), it is declared that the "affairs" of the...
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A Law Dictionary, Adapted to the Constitution and Laws of the United ..., Band 2

John Bouvier - 1883 - 876 Seiten
...necessary to carry on the business of banking ; by discounting and negotiating promissory notes, etc.; by receiving deposits, by buying and selling exchange,...and circulating notes according to the provisions of " title 62 of the Revised Statutes." The powers of national banks are to be measured by the act creating...
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