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If a promissory note payable to a solvent commercial bank made by one not a customer were discounted for the maker by the bank and the price though due were not demanded by the maker, the financial and legal consequences would be those of a demand loan by maker to bank. If bullion, coins, bank notes, or deposit currency were sold by one not a customer to a bank and the price not demanded when due, the consequences would be those of a demand loan. Similarly, if the discounted note matured but were permitted by the bank to run, the 6ank would be making a demand loan to the solvent maker.
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