 | Michigan. Legislature. House of Representatives - Legislative journals - 1899 - 1006 pages
...lines 32 to 43 inclusive. By inserting in line 8 of section 52, after the word "borrowed" the words "Provided, however. That the foregoing limitations...real estate or other collateral securities authorized by this act." By striking out of line 16 of section 52, all after the word "approval" and all of lines... | |
 | Michigan - Session laws - 1899 - 704 pages
...the same shall not be considered as money borrowed: 1'rovided hotccver. That the fore- rrov»o. going limitations shall not apply to loans on real estate or other collateral securities authorized by this act. Provided Further hoverer. That by a two-thirds vote of the directors the liabili- l'°... | |
 | Michigan. Department of Attorney General - 1903 - 172 pages
...paper actually owned by the person negotiating the same shall not be considered as money borrowed : Provided, however, That the foregoing limitations...real estate or other collateral securities authorized by this act. Provided however, That by a twothinii-' vote of the directors the liabilities of any bank... | |
 | Michigan. Banking Division - Banks and banking - 1904 - 422 pages
...paper actually owned by the person negotiating the same shall not be considered as money borrowed : Provided however. That the foregoing ; limitations...real estate or other collateral securities authorized by this act. Provided however, That by a twothirds vote of the directors the liabilities of any bank... | |
 | Michigan. Banking Division - Banks and banking - 1905 - 448 pages
...values and the discount of commercial or husiness paper actually owned hy the person negotiating the same shall not he considered as money horrowed: Provided...of any person or company or corporation or firm may he inereased to a sum not exceeding one-fifth of the capital and surplus of the bank." It is evident... | |
 | Michigan - Session laws - 1905 - 754 pages
...paper actually owned by the person negotiating the same shall not be considered as money borrowed : Provided, however, That the foregoing limitations...real estate or other collateral securities authorized by this act, and deposited with the bank : Provided, however, That by a twothirds vote of directors,... | |
 | Michigan. Banking Division - Banks and banking - 1906 - 500 pages
...values and the discount of commercial or husiness paper actually owned hy the person negotiating the same shall not he considered as money horrowed : Provided,...any person, or company, or corporation, or firm may he increased to a sum not exceeding one-fifth of the capital and surplus of the hank." It is evident... | |
 | Michigan. Banking Division - Banks and banking - 1906 - 474 pages
...paper actually owned by the person negotiating the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations...real estate or other collateral securities authorized by tbis act. Provided, however, That by a two-tbirds vote of the directors the liabilities of any bank... | |
 | Michigan. Banking Division - Banks and banking - 1907 - 536 pages
...paper actually owned by the person negotiating the same shall not be considered as money borrowed : Provided, however, That the foregoing limitations...real estate or other collateral securities authorized by this act: Provided, however. That by a two-thirds vote of the directors the liabilities of any bank... | |
 | Michigan - Session laws - 1907 - 652 pages
...owned by the person negotiating the same shall not be considered as money borrowed: Provided, hoioever. That the foregoing limitations shall not apply to...real estate or other collateral securities authorized by this act. and deposited with the bank, or a safety and collateral deposit company organized under... | |
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... 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... 
