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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 ... - Page 470
by Irving Browne - 1880
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Reports of Cases Decided in the Appellate Courts of the State of ..., Volume 55

Illinois. Appellate Court, Edwin Burritt Smith, Martin L. Newell - Law reports, digests, etc - 1895 - 712 pages
...sue and be sued, complain and defend in any court of law or equity, as fully as natural persons. 7th. To exercise by its board of directors, or duly authorized...agents, subject to law, all such incidental powers Morris v. Dixon Nat. Bank. as shall be necessary to carry on the business of banking, by its discounting...
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Reports of Cases Decided in the Appellate Courts of the State of ..., Volume 61

Illinois. Appellate Court, Edwin Burritt Smith, Martin L. Newell - Law reports, digests, etc - 1896 - 692 pages
...and appoint others to fill their places. 6th. To prescribe, by its board of directors, by-laws. 7th. To exercise by its board of directors, or duly authorized...law, all such incidental powers as shall be necessary to carry on its McCormick v. Market Nat. Bank. business of banking; by discounting and negotiating...
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Compilation of the Corporation Laws of West Virginia: Embracing the Full ...

West Virginia - 1896 - 218 pages
...1887, ch. 54, § Sr>. , Powers of Banks. Every such bank may exercise, under the laws of this state, all such incidental powers as shall be necessary to carry on the business of banking, by discounting promissory notes, negotiating drafts, bills of exchange, and other evidences of indebtedness, receiving...
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The Revised Statutes of the State of Utah in Force Jan. 1, 1898

Utah - Law - 1897 - 1262 pages
...been paid in cash. [CL §§ 2495*. 2500*, 2504*. 376. Powers. A banking corporation shall have power 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...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 165

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1897 - 790 pages
...fill their places. Sixth. To prescribe, by its board of directors, by-laws not inconsistent with law. Seventh. To exercise, by its board of directors or...law, all such incidental powers as shall be necessary to carry on their business of banking, by discounting and negotiating promissory notes, drafts, bills...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 164

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1897 - 808 pages
...declared "That the banking association shall have power. . . . Third, to make contracts. . . . Seventh, All such incidental powers as shall be necessary to carry on the business of banking ... by loaning money on personal security." And section 5137 provides "That a national banking association...
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Hearings and Arguments Before the Committee ...

United States. Congress. House. Committee on Banking and Currency - Currency question - 1898 - 748 pages
...selling," so that such portion of said clause will read as follows: " By discounting, buying, selling, and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt." of SEC. 44. That so much of section nine of an act entitled ™ "An act to enable national banking...
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Reports of Cases at Law and in Equity Determined by the Supreme ..., Volume 98

Iowa. Supreme Court - Law reports, digests, etc - 1898 - 864 pages
...Statutes of the United States, inclusive. Awl the seventh sub-division of section 5136 is in thes<' words: "Seventh. To exercise by its board of directors, or duly authorized officers and agents, subject to law, all such incidental powers as shall be necessary to carry on the business...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 174

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1899 - 868 pages
...association is authorized " to exercise by its board of directors, or duly authorized officers and agents, subject to law, all such incidental powers...notes, drafts, bills of exchange and other evidences of indebtedness; by receiving deposits; by buying and. selling exchange, coin and bullion ; by loaning...
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The Pacific Reporter, Volume 57

Law reports, digests, etc - 1899 - 1142 pages
...dismiss such officers or any of them at pleasure, and appoint others to fill their places. * * « (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...
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