What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
00 Totals approved reserve agents bank notes outstanding bankers Notes Banking house furniture banks and bankers banks in reserve bonds and mortgages bonds on hand Capital stock paid Cashier's checks outstanding cent redemption fund Certificates of deposit Checks and cash Commissioner Deposit of U.S. Due from approved Due from banks Due to banks estate and mortgages Exchanges for clearing expenses and taxes Five per cent Fractional paper currency fund Undivided profits Furniture and fixtures Gold coin July 9 Legal tender notes Liabilities Loans and discounts MICHIGAN national bank notes national banks Due nickels and cents Nickels and pennies Notes and bills Organized paid in Surplus real estate Report of Dec Report of July Report of Sept reserve cities Resources Savings deposits secure circulation secure deposits subject to check taxes paid U.S. and national U.S. bonds U.S. disbursing officers U.S. treasurer United States deposit Vice President
Page 17 - 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.
Page 13 - He may also employ from time to time such cicrks. Ğlerks to assist him and his deputy in the discharge of the several duties imposed upon them by this act as he shall find necessary. The salary of the Commissioner shall be two thousand five hundred dollars per annum.
Page 9 - Such reports shall exhibit in detail, and under appropriate heads, the resources, assets and liabilities of the bank at the close of business of any past day by him specified...
Page 18 - ... on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders.
Page 12 - The powers, privileges, duties and restrictions conferred and imposed upon any bank existing and doing business under the laws of this State are hereby abridged, enlarged or modified, as each particular case may require to conform to the provisions of this act, and to such amendments as may be made thereto.
Page 5 - ... and such stock shall be sold as the directors may order, within six months from the time of such forfeiture, and if not sold it shall be canceled and deducted from the capital stock of the association.
Page 18 - ... and sell all the real and personal property of such bank on such terms as the court shall direct, and may, if necessary to pay the debts of such bank, enforce all individual liability of the stockholders.
Page 18 - All real estate owned by any bank may be taxed as other real estate in the city, village or township where the same may be situated, and the residue of its capital and surplus shall be taxed as personal property, but the assessment thereof for taxation shall not be at a greater rate than is assessed on money capital in the hands of individual citizens in the same city, village or township.