Annual Report of the Commissioner of the Banking Department of the State of Michigan |
From inside the book
Results 1-5 of 100
Page xiii
... Savings Bank of Hillsdale made application under the provisions of Act No. 143 of the Public Acts of 1889 to extend ... certificates of deposits .. State banks , savings depositors National banks , individuals deposits subject to check ...
... Savings Bank of Hillsdale made application under the provisions of Act No. 143 of the Public Acts of 1889 to extend ... certificates of deposits .. State banks , savings depositors National banks , individuals deposits subject to check ...
Page 3
... certificates of deposit . Due to banks and bankers . Certified checks ... Cashier's checks outstanding . Savings deposits .. 34,562 16 Savings certificates of deposit . 33,767 08 29,139 65 31,465 22 27,714 85 34,218 28 28,781 51 28,280 ...
... certificates of deposit . Due to banks and bankers . Certified checks ... Cashier's checks outstanding . Savings deposits .. 34,562 16 Savings certificates of deposit . 33,767 08 29,139 65 31,465 22 27,714 85 34,218 28 28,781 51 28,280 ...
Page 4
... certificates of deposit . Due to banks and bankers .. 214,323 06 312,615 71 299,949 06 331,390 51 193,534 75 Certified checks . Cashier's checks outstanding .. Savings deposits . Savings certificates of deposit .. 911,068 43 32,875 86 ...
... certificates of deposit . Due to banks and bankers .. 214,323 06 312,615 71 299,949 06 331,390 51 193,534 75 Certified checks . Cashier's checks outstanding .. Savings deposits . Savings certificates of deposit .. 911,068 43 32,875 86 ...
Page 5
... Savings certificates of deposit . State deposits .... 10,000 00 10,000 00 5,000 00 5,000 00 Notes and bills rediscounted . Bills payable . No. 66 . LENAWEE COUNTY SAVINGS BANK , ADRIAN . Totals . $ 667,101 16 $ 634,596 35 $ 713,781 49 ...
... Savings certificates of deposit . State deposits .... 10,000 00 10,000 00 5,000 00 5,000 00 Notes and bills rediscounted . Bills payable . No. 66 . LENAWEE COUNTY SAVINGS BANK , ADRIAN . Totals . $ 667,101 16 $ 634,596 35 $ 713,781 49 ...
Page 6
... certificates of deposit . Due to banks and bankers .. 117 08 331 62 Certified checks ... Cashier's checks outstanding . 1,809 73 1,069 31 School savings deposits .. 130 35 42 65 2,930 69 4,591 47 437 45 159 45 1,719 35 293 39 Savings ...
... certificates of deposit . Due to banks and bankers .. 117 08 331 62 Certified checks ... Cashier's checks outstanding . 1,809 73 1,069 31 School savings deposits .. 130 35 42 65 2,930 69 4,591 47 437 45 159 45 1,719 35 293 39 Savings ...
Other editions - View all
Common terms and phrases
00 Furniture 00 Gold coin 00 Other real 00 penses 00 Silver coin 00 Surplus fund 00 Undivided profits April 28 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 Checks and cash clearing house Commercial certificates Commercial deposits subject Dividends unpaid Due from banks Due to banks Exchanges for clearing Furniture and fixtures interest and taxes Items in transit June 23 less current ex Liabilities Loans and discounts mortgages and securities National bank currency Nickels and cents Notes and bills Overdrafts paid on bonds real estate Report of April Report of Feb Report of June Report of Nov Report of Report Report of Sept reserve cities Resources Savings certificates Savings deposits secure U. S. deposits subject to check taxes paid U. S. and National U. S. treasurer United States bonds Vice President
Popular passages
Page xxix - ... such 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 : Provided...
Page xxxvii - It becomes his duty, with the concurrence of the Attorney General, to institute proceedings for the appointment of a receiver to wind up the affairs of the bank.
Page xliv - Any man is a public officer who hath any duty concerning the public, and he is not the less a public officer where his authority is confined to narrow limits; for it is the duty of his office and the nature of that duty which make him an officer, and not the extent of his authority.
Page xxix - Lansing, Mich., May 23, 1903. Hon. George W. Moore, Commissioner of Banking, 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 bank loan to any person, or company, or corporation, or firm, by a two-thirds vote of its board of directors?
Page xxix - That by a two-thirds vote of the directors the liabilities to any bank of any person, or company, or corporation, or firm may be increased to a sum not exceeding one-fifth of the capital and surplus of the bank.
Page xliv - The right, authority and duty, created and conferred by law, by which for a given period, either fixed by law or enduring at the pleasure of the creating power, an individual is invested with some portion of the sovereign functions of the government, to be exercised by him for the benefit, of the public.
Page xxxiii - ... for in the manner indicated. It is sufficient to say that it does not conform to the requirements of the General Ranking Law. Respectfully yours. JNO. E. BIRD. Attorney General. CERTIFICATES OP INDEBTEDNESS AS LEGAL INVESTMENTS. Lansing, Michigan, October 23, 1907. Hon. HM Zimniermann, Commissioner of the Banking Department, "Capitol," Lansing, Michigan : My Dear Sir — I am in receipt of your communication of the 16th inst.
Page xxxiv - The local authorities, on the adoption and purchase of a voting machine, 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...
Page xxx - In Vol. 29 of the Amer. & Eng. Ency. of Law, 2nd ed. p. 382, we find the following with respect to the limitation found in the National Banking Law: °The object of this provision of the statute was to guard National banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount the discount of paper used and required in facilitating the transfer of property and money in the transaction of the legitimate business of the country.
Page xxix - The total liabilities to any bank or banking institution, 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 bank or banking institution actually paid in.