Seventh. 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... United States Code - Page 133by United States - 2000Full view - About this book
| United States. Comptroller of the Treasury - Finance, Public - 1885 - 424 pages
...Baltimore, 92 US, 128: "A National Bank, by its directors, or duly authorized officers, exercises, subject to law, all such incidental powers as shall...discounting and negotiating promissory notes, drafts and bills of exchange and other evidences of debt — by buying and selling exchange, coin, and bullion,... | |
| United States treasury dept - 1885 - 424 pages
...Baltimore, 9l> Ü. S., 1138: "A National Bank, by its directors, or duly authorized officers, exercises, subject to law, all such incidental powers as shall...discounting and negotiating promissory notes, drafts and bills of exchange and other evidences of debt — by buying and selling exchange, coin, and bullion,... | |
| United States. Comptroller of the Treasury - Finance, Public - 1885 - 414 pages
...See First National Bank against National Exchange Bank, 92 US Reports, page 126: "A National Bank can exercise by its Board of Directors, or duly authorized officers or agents, subject to law, all snch incidental powers as shall be necessary to carry on the business of banking, by discounting and... | |
| Victor Morawetz - Corporation law - 1886 - 630 pages
...Dill. 871; • Shiukle v. First Nat. Bank, 22 § 385. National banks are expressly authorized by law to carry on the business of banking, " by discounting...drafts, bills of exchange, and other evidences of debt ; 1 by receiving deposits ; by buying and selling exchange, coin, and bullion ; by loaning money on... | |
| New Hampshire. Supreme Court - Law reports, digests, etc - 1887 - 702 pages
...LXII), declaring that any association organized under the act shall be a body corporate, and " may exercise by its board of directors, or duly authorized...agents, subject to law, all such incidental powers as may be necessary to carry on the business of banking, by discounting and negotiating promissory notes,... | |
| Michigan - 1887
...its general business conducted and the privileges granted to it by law exercised and enjoyed ; • Seventh, To exercise by its board of directors or...authorized officers or agents, subject to law, all such powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory... | |
| John Torrey Morse (Jr.) - Banking law - 1888 - 712 pages
...transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed. Seventh. To exercise by its board of directors, or...notes, drafts, bills of exchange, and other evidences qf debt; by receiving deposits ; by buying and selling exchange, coin, and bullion ; by loaning money... | |
| Utah - Law - 1888 - 264 pages
...transferred, its general business conducted and the privileges granted to it by law exercised and enjoyed. 7. To exercise by its board of directors or duly authorized...to carry on the business of banking by discounting or negotiating promissory notes, drafts, bills of exchange and other evidences of debt, by receiving... | |
| Arkansas. Supreme Court - Law reports, digests, etc - 1918 - 638 pages
...under consideration the Revised Statutes of the United States empowering a national banking association "to exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on the business of banking," etc. Chief Justice Fuller, speaking for the court, in the course... | |
| Isaac Grant Thompson - Law reports, digests, etc - 1888 - 974 pages
...LXII), declaring that any association organized under the act shall be a body corporate, and " may exercise by its board of directors, or duly authorized...agents, subject to law, all such incidental powers as may be necessary to carry on the business of banking, by discounting and negotiating promissory notes,... | |
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