...of Exchange Promissory note or engagement for the payment of money payable to bearer on demand, or borrow, owe, or take up any sum or sums of money on the bills or notes or engagements for the payment of money payable to bearer on demand of any such...

...found in the practices of the English banks prior to the origination of the national banking system. "The very first banking in England was pure borrowing. It consisted in receiving money in exchange for wnich promissory notes were given payable to bearer on demand, and so essentially was this banking...

...found in the practices of the English banks prior to the origination of the national banking system. ' The very first banking in England was pure borrowing....six persons 'to borrow, owe, or take up any sum or turns of money on their bills or notes payable at demand.' " Atiten v. US National Bank (174 US 125,...

...essentially was this banking as then understood, that le monopoly given to the Bank of England was secured 1 prohibiting any partnership of more than six persons...borrow, owe, or take up any sum or sums of money on irir bills or notes payable at demand." xten v. US National Bank, 174 US 125, 142. In conclusion then,...

...the following effect : — " That it shall not be lawful for any company with more than six partners to borrow, owe, or take up any sum or sums of money upon their bills or promissory notes at any less date than six months." This clause did not, consequently,...

...V. — PRIVATE BILLS PAYABLE TO BEARER ON DEMAND, payment of money payable to bearer on demand, or borrow, owe, or take up any sum or sums of money on the bills, hunch's or notes payable to bearer on demand, of any such body corporate or of any such...

...of private promissory note or engagement for the pay° ment of m°ney Pavable to bearer oa ^mand, or borrow, owe or take up any sum or sums of money on the bills, hnndis or notes payable to bearer on demand, of any such body corporate or of any such person:...