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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,... "
Pratt's Digest of the Revised Statutes of the United States Relating to ... - Page 9
1878 - 104 pages
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

Banks and banking - 1879 - 1110 pages
...are necessary to carry on the business of banking ; by discounting and negotiating promissory notes and other evidences of debt ; by receiving deposits...bullion ; by loaning money on personal security ; and by obtaining and issuing circulating notes. These are the entire powers possessed by the national banks,...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...under this act all suc!i incidental powers as shall he necessary to carry on the business of hanking, by discounting and negotiating promissory notes, drafts,...and bullion ; by loaning money on personal security ; by obtaining, issuing, and circulating notes, according to the provisions of this act ; and its board...
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Cases Argued and Adjudged in the Supreme Court of the ..., Volume 21; Volume 88

United States. Supreme Court - Law reports, digests, etc - 1875 - 732 pages
...issue letters of credit. They have power to exercise "iill such incidental powers as shall bo necessary to carry on the business of banking; by discounting...and bullion; by loaning money on personal security; by obtaining, issuing, and circulating notes according to the provisions of this act."* Among these...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - United States - 1868 - 438 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking by discounting...and bullion ; by loaning money on personal security ; by obtaining, issuing, and circulating notes according to the provisions of this act ; and its board...
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Official Opinions of the Attorneys General of the United States ..., Volume 11

United States. Attorney-General - Attorneys general's opinions - 1869 - 578 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary to carry on the business of banking, by discounting...and bullion; by loaning money on personal security; by obtaining, issuing, and circulating notes according to the provisions of this act; and its board...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - Law - 1869 - 680 pages
...to fill their places, and exercise under this act all such incidental powers as shall be necessary legislative assembly here- HI» powers and inafter...of the governor, in his executive duUt!8department ; by obtaining, issuing and circulating notes according to the provisions of this act ; and its board...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...be necessary to carry on tho business of banking by discounting and negotiating promissory notée, drafts, bills of exchange, and other evidences of...and bullion ; by loaning money on personal security ; by obtaining, issuing, and circulating notes according to the provisions of this act; and its board...
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Crimes of the Civil War, and Curse of the Funding System

Henry Clay Dean - Sinking-funds - 1869 - 562 pages
...promissory notes, drafts, bills of exchange, and other evidences of debt ; by receiving depositcs ; by buying and selling exchange, coin and bullion ; by loaning money on personal security ; by obtaining, issuing and circulating notes according to the provisions of this act," &c. This system,...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 4

United States. Congress. House - United States - 1870 - 1254 pages
...precision. They are empowered to exercise, under the act, "all such incidental powers as shall be necessary to carry on the business of banking, by discounting...and bullion; by loaning money on personal security; by obtaining, issuing, and circulating notes," &c. — from which it will be seen that national banks...
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A Treatise on the Law Relating to Banks and Banking: With an Appendix ...

John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...necessary to carry on the business of banking by discounting and negotiating promissory notes, drafis, bills of exchange, and other evidences of debt ; by...and bullion ; by loaning money on personal security ; by obtaining, issuing, and circulating notes according to the provisions of this act ; and its board...
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