 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.  Acts of the State of Ohio - Page 74by Ohio - 1879Full view - About this book
 | United States. Congress. House - United States - 1863 - 1180 pages
...amount of the capital stock of such association actually paid in: Provided, That the discount ofbona fide bills of exchange drawn against actually existing...firm negotiating the same, shall not be considered as money borrowed. " SEC. 30. And be it further enacted, That every association may take, receive,... | |
 | Commerce - 1864 - 496 pages
...association actually paid in : Provided, That the discount of hona fide bills of exchange drawn agaiust actually existing values; and the discount of commercial...or business paper, actually owned by the person or persous, corporation, or firm; negotiating the same, shall not he considered as money borrowed. Sec.... | |
 | James M. Hiatt - United States - 1868 - 438 pages
...amount of the capital stock of such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing...firm negotiating the same shall not be considered as money borrowed. SEC. 30. That every association may take, receive, reserve, and charge on any loan... | |
 | Frederick Charles Brightly - Law - 1869 - 680 pages
...amount of the capital stock of such association actually paid in : Provided, That the discount of bond, fide bills of exchange drawn against actually existing...firm negotiating the same, shall not be considered as money borrowed. 30. Every association may take, receive, reserve and charge on any loan or discount... | |
 | John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...amount of the capital stock of such association actually paid in : Provided, That the discount of bona fide bills of exchange drawn against actually existing...firm negotiating the same, shall not be considered as money borrowed. SEC. 30. And be it further enacted, That every association may take, receive, reserve,... | |
 | William Adams Richardson - History - 1873 - 208 pages
...amount of the capital stock of such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing...firm negotiating the same, shall not be considered as money borrowed. SEC. 30. And be it further enacted, That every association interest on.ica1w may... | |
 | William Adams Richardson - History - 1873 - 192 pages
...amount of the capital stock of such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing...firm negotiating the same, shall not be considered as money borrowed. SEC. 30. And be it further enacted, That every association interest on loaus may... | |
 | United States. Department of Justice - Attorneys general's opinions - 1909 - 732 pages
...of the capital stock of the association. But the discount of bills of exchange drawn in good faith against actually existing values, and the discount...commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed." Section 5202, Revised Statutes, enacts... | |
 | GOVERNMENT PRINTING OFFICE - 1874 - 1076 pages
...capital stock of sucli association actually paid in: J'rovidfd, Tbat the. discount of Ъопч-fäe bills of exchange drawn against actually existing...actually owned by the person or persons, corporation, or lirm negotiating the same, shall not be considered as money borrowed. That provision of law has been... | |
 | United States - Law - 1917 - 706 pages
...bank or trust company, but the discount of bills of exchange drawn against actually existing value and the discount of commercial or business paper actually owned by the person negotiating the same shall not be considered as borrowed money within the meaning of this section.... | |
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