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Greaat information so far and I would like to add one thing to the dicussion, since it has been firmly established that lcol is out of luck in terms of borrowing books I think that lcol should have an understanding of the mechanics behind electronic book borrowing if locl obtains a different reader that is capable of borrowing books from the local library, thus here is a short discussion of the mechanics behind the topic.
First it is necessary to understand what Digital Rights Management (DRM) is. DRM is code that is added to the book to permit the publisher, or in this case the library, to restrict what you can do with the books. The DRM can prevent you from sharing the book with others and copying the book in any way. DRM has also other no desireable aspects, by not leeting you store the book for future reading or not allowing you to read the book at all.
What does this have to do with books from the library is exactly this DRM is the method by which libraries use to prevent you from reading the electronic book that you have borrowed past the date that you need to return it to the library. After the return date the book becomes unreadable due to the DRM.
As stated in earlier posts most lending is done via Overdrive. One thing that can be done with electronic library books if you have the knowledge and the free software to acomplish it is to download an electronic library book, strip the DRM, return the book to the library then read the book.
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