 | Massachusetts. Attorney General's Office - Attorneys general's opinions - 1901 - 240 pages
...exceed one-fifth part of such amount of the capital stock of this corporation as is actually paid up. But the discount of bills of exchange drawn in good...same, shall not be considered as money borrowed." I am of the opinion that, in view of the prohibition of the section quoted, a trust company may not... | |
 | Massachusetts. Attorney General's Office - Attorneys general's opinions - 1919 - 180 pages
...time exceed one fifth of such amount of the capital stock of the corporation as is actually paid up; but the discount of bills of exchange drawn in good...business paper actually owned by the person negotiating it, shall not be considered as money borrowed. .The total liabilities to any one such corporation of... | |
 | Massachusetts - 1899 - 1192 pages
...exceed one-fifth part of such amount of the capital stock of this corporation as is actually paid up. But the discount of bills of exchange drawn in good...person negotiating the same, shall not be considered аз money borrowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of... | |
 | Frederick Charles Brightly - Law - 1869 - 680 pages
...such association actually paid in : Provided, That the discount of bond, fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation or firm negotiating the same, shall not be considered as money borrowed. 30.... | |
 | Massachusetts - Massachusetts - 1893 - 1064 pages
...exceed one-fifth part of such amount of the capital stock of this corporation as is actually paid up. But the discount of bills of exchange drawn in good...the same, shall not be considered as money borrowed. SECT. 18. Such corporation may hold real estate suitable for the transaction of its business to an... | |
 | Massachusetts - Massachusetts - 1902 - 1224 pages
...time exceed one-fifth of such amount of the capital stock of the corporation as is actually paid up ; but the discount of bills of exchange drawn in good...business paper actually owned by the person negotiating it, shall not be considered as money borrowed. SECTION 35. Such corporation may hold real estate May... | |
 | United States. Congress. House - United States - 1863 - 1180 pages
...such association actually paid in: Provided, That the discount ofbona fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same, shall not be considered as money borrowed. "... | |
 | Commerce - 1864 - 496 pages
...such association actually paid in : Prodded, That the discount of bona fide bills of exchange drawn against actually existing values; and the discount...commercial or business paper, actually owned by the person or persons, corporation, or firm; negotiating the same, shall not he considered as money borrowed.... | |
 | United States - Law - 1866 - 910 pages
...such association actually paid in : Provided, That the discount of bona fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. SEC.... | |
 | James M. Hiatt - United States - 1868 - 426 pages
...such association actually paid in: Provided, That the discount of bona fide bills of exchange drawn against actually existing values, and the discount...commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same shall not be considered as money borrowed. SEC.... | |
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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. 
