Section 27
SEC. 27. The total liabilities to the Reserve Bank of any person, or of any member bank, company, corporation, or firm, for money borrowed, including in the liabilities of the company or firm, the liabilities of the several' members thereof, shall at.no time exceed fifteen per centum of the unimpaired capital and surplus of the Reserve Bank. 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; and in addition to the fifteen per centum of die unimpaired capital and surplus of the Reserve Bank herein before provided for, the total liabilities of any borrower may amount to a further fifteen per centum of the unimpaired capital and surplus of the Reserve Bank if such additional liabilities are secured by shipping documents, warehouse receipts or other similar documents transferring or securing title covering readily marketable, nonperishable staples, when such staples are fully covered by insurance and have a market value equal to at least one hundred and twenty-five per centum of such additional liabilities. RESERVES OF THE RESERVE BANK