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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... "
Pratt's Digest of the Revised Statutes of the United States Relating to ... - Page 9
by A.S. Pratt & Sons - 1883 - 119 pages
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The Bankers' Magazine, and Journal of the Money Market, Volume 39

Banks and banking - 1879 - 1110 pages
...by their boards of directors, or officers, rihjeet to law, such incidental powers as are necessary to carry on the business of banking ; by discounting and negotiating promissory notes and other evidences of debt ; by receiving deposits ; by buying and selling exchange, coin, and bullion...
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1180 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 negotiating promissory notes, checks, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling...
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The Merchants' Magazine and Commercial Review, Volume 54

William B. Dana - Commerce - 1866 - 496 pages
...national currency. The associations also poseeos nil the powert* necessary for carrying on the budines of banking, by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidence* of debt ; and by receiving deposit«, buying and selling exchange, coin and bullion ; by...
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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - Commerce - 1867 - 494 pages
...National Currency act confers upon national banks "all such incidental powers as shall be necessary to carry on the business of banking, by discounting...drafts, bills of exchange and other evidences of debt," and closes with this provision : " And its usual business shall be transacted at an office or banking...
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The Merchants' Magazine and Commercial Review, Volume 56

1867 - 498 pages
...National Currency act confers upon national banks "all such incidental powers as shall be necessary to carry on the business of banking, by discounting and negotiating promissory notes, drafts, bills &f exchange and other evidences of debt," aod closes with this provision : " And its usual business...
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Wisconsin Session Laws

Wisconsin - Session laws - 1868 - 1516 pages
...circulate as money. The said corporation shall have all such incidental powers as shall be necessary to carry on the business of banking, by discounting...and negotiating promissory notes, drafts, bills of eichange and other evidences of debt; by receiving deposits, and paying interest therefor; by buying...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 25

Law - 1882 - 624 pages
...being the price paid for the use of money. The specific power given to National banks, RS , §5,136,is "to carry on the business of banking by discounting...drafts, bills of exchange and other evidences of debt." So that the discount of negotiable paper is the form according to which they are authorized to make...
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The Merchants' Magazine and Commercial Review, Volume 62

William B. Dana - Commerce - 1870 - 494 pages
...precision. They are empowered to exercise, underjthe act, "all such incidental powers as shall be necessary to carry on the business of banking, ¡by discounting...negotiating promissory notes, drafts, bills of exchange, und other evidences of debt; by receiving deposits; by buying and eelbng exchange, coin, and bullion;...
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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
...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 negotiating promissory notes, drafis, bills of exchange, and other evidences of debt ; by receiving deposits ; by buying and selling...
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Reports of Decisions Rendered in the Circuit and District Courts ..., Volume 2

United States. Circuit Courts, Benjamin Vaughan Abbott - Law reports, digests, etc - 1871 - 648 pages
...which authorizes such banks to exercise under that act all such incidental powers as shall be necessary to carry on the business of banking, by discounting and negotiating promissory notes, &c., by receiving deposits, by buying and selling exchange, &c., by loaning money on personal secu«ity,...
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