Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page xii
... reports of August 22 and December 3 , 1907 , as the former report showed an increase over the last report made to the Department in 1906 . GROWTH OF STATE BANKS . Since the organization of this department , 1889 , the increase and ...
... reports of August 22 and December 3 , 1907 , as the former report showed an increase over the last report made to the Department in 1906 . GROWTH OF STATE BANKS . Since the organization of this department , 1889 , the increase and ...
Page xiii
... August 22 and December 3 , 1907 , reports , which was the most stringent period in our recent financial flurry , loans , discounts , bonds , mortgages and securities decreased $ 7,746,458.66 , while com- mercial and savings deposits ...
... August 22 and December 3 , 1907 , reports , which was the most stringent period in our recent financial flurry , loans , discounts , bonds , mortgages and securities decreased $ 7,746,458.66 , while com- mercial and savings deposits ...
Page xvi
... reports as follows : Liability to depositors at date of suspension , Aug. 20 , 1897 . Other liabilities $ 65,491 80 16,896 90 Total $ 82,388 70 Total assets at date of , and received since suspension .... Amount collected by receiver to ...
... reports as follows : Liability to depositors at date of suspension , Aug. 20 , 1897 . Other liabilities $ 65,491 80 16,896 90 Total $ 82,388 70 Total assets at date of , and received since suspension .... Amount collected by receiver to ...
Page xl
... Report of Mar. 22 . 311 state banks , 6 trust companies , 1 society for savings . Report of May 20 , 317 state banks , 6 trust companies , 1 society for savings . Report of Aug. 22 , 321 state banks , 6 trust companies , Report of 1 ...
... Report of Mar. 22 . 311 state banks , 6 trust companies , 1 society for savings . Report of May 20 , 317 state banks , 6 trust companies , 1 society for savings . Report of Aug. 22 , 321 state banks , 6 trust companies , Report of 1 ...
Page xli
... reports of individual National banks see succeeding pages . Resources . Report of Jan. 26 , 89 Nat . banks . Report of Mar. 22 , 90 Nat . banks . Report of May 20 , 91 Nat . banks . Report of Aug. 22 , 93 Nat , banks . Report of Dec. 3 ...
... reports of individual National banks see succeeding pages . Resources . Report of Jan. 26 , 89 Nat . banks . Report of Mar. 22 , 90 Nat . banks . Report of May 20 , 91 Nat . banks . Report of Aug. 22 , 93 Nat , banks . Report of Dec. 3 ...
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Common terms and phrases
00 Furniture 00 Gold coin 00 Other real 00 Silver coin 00 Surplus fund 00 Undivided profits Assistant Cashier bankers not reserve banks and bankers banks in reserve Bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks clearing house Commercial certificates Commercial deposits subject Due from banks Due from U. S. Due to banks Exchanges for clearing fund with U. S. Furniture and fixtures interest and taxes internal revenue account items and internal Items in transit less current expenses Loans and discounts mortgages and securities National bank currency National bank notes Nickels and cents Notes and bills Overdrafts paid on bonds profits less expenses real estate Report of Aug Report of Jan reserve cities Resources Savings certificates Savings deposits secure U. S. deposits subject to check taxes paid U. S. and National U. S. treasurer Undivided profits less United States bonds Vice President
Popular passages
Page xxxiv - 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 xxxviii - ... may provide for the payment therefor in such manner as they may deem for the best interest of the locality and may for that purpose issue bonds, certificates of indebtedness or other obligations, which shall be a charge on the city, town or village. Such bonds, certificates or other obligations may be issued with or without interest, payable at such time or times as the authorities may determine, but shall not be issued or sold at less than par.
Page xxxvii - Federal reserve bank shall transact any business except such as is incidental and necessarily preliminary to its organization until it has been authorized by the Comptroller of the Currency to commence business under the provisions of this Act.
Page xxxiii - That the total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in...
Page xxxiv - ... per centum of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values.
Page xxxiii - That the discount of bona fide bills of exchange drawn against actually existing values, and the discount of commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same, shall not be considered as money borrowed.
Page 370 - US bonds on hand Premiums on US bonds Stocks, securities, etc Banking house, furniture and fixtures Other real estate and mortgages owned Due from National banks...
Page xxxiii - Lansing, Michigan: Dear Sir — I am in receipt of your communication of the 19th inst. referring to the General Banking Law of this State, and requesting my opinion upon the following questions: "First, How much money may the directors of a hank loan to any persoп,,or company, or corporation, or firm, hy a two-thirds vote of its hoard of directors?
Page 411 - US bonds Stocks, securities, etc ... Banking house, furniture and fixtures Other real estate and mortgages owned Due from National banks (not reserve agents).
Page xxxix - Any bank combining the business of a commercial bank and a savings bank shall keep separate books of account for each kind of business: Provided, That all receipts, investments and transactions relating to each of said classes of business shall be governed by the provisions and restrictions herein specifically provided for the respective kinds of banks.