Annual Report |
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Page xxix
3,023,920 00 2,674,019 00 2,982,703 00 3,334,902 00 2,936 , 359 00 Redemption fund with U. S. treasurer ( 5 % of circulation ) ... 381,603 00 384,577 50 393,152 50 394,452 50 408,147 50 Due from U. S. treasurer , other than 5 ...
3,023,920 00 2,674,019 00 2,982,703 00 3,334,902 00 2,936 , 359 00 Redemption fund with U. S. treasurer ( 5 % of circulation ) ... 381,603 00 384,577 50 393,152 50 394,452 50 408,147 50 Due from U. S. treasurer , other than 5 ...
Page xxx
381,603 00 384,577 50 393,152 50 394,452 50 408,147 50 Due from U. S. treasurer , other than 5 % redemption fund ... 43,774 00 47,393 00 51,925 00 50,444 46 44,855 00 Totals .. $ 335,806,032 28 $ 342,066,884 71 $ 354,786,772 61 ...
381,603 00 384,577 50 393,152 50 394,452 50 408,147 50 Due from U. S. treasurer , other than 5 % redemption fund ... 43,774 00 47,393 00 51,925 00 50,444 46 44,855 00 Totals .. $ 335,806,032 28 $ 342,066,884 71 $ 354,786,772 61 ...
Page xxxii
1,545 , 382 00 1,391,179 00 1,705,871 00 1,971,955 00 1,510,949 00 Redemption fund with C. S. treasurer 5 % ( of circulation ) . 72,500 00 75,000 00 75,000 00 77,500 00 86,250 00 Due from U. S. treasurer , other than 5 % redemption fund ...
1,545 , 382 00 1,391,179 00 1,705,871 00 1,971,955 00 1,510,949 00 Redemption fund with C. S. treasurer 5 % ( of circulation ) . 72,500 00 75,000 00 75,000 00 77,500 00 86,250 00 Due from U. S. treasurer , other than 5 % redemption fund ...
Page xxxiii
25,751 69 18,336 94 17,154 75 18,154 55 19,664 21 Specie ....... 3,839 , 474 40 3,422,404 85 3,707,796 45 3,591,244 22 3,448,816 10 U. S. and National bank notes .. 4,217,637 00 3,985 , 747 00 4,328,249 00 4,594,582 00 Redemption fund ...
25,751 69 18,336 94 17,154 75 18,154 55 19,664 21 Specie ....... 3,839 , 474 40 3,422,404 85 3,707,796 45 3,591,244 22 3,448,816 10 U. S. and National bank notes .. 4,217,637 00 3,985 , 747 00 4,328,249 00 4,594,582 00 Redemption fund ...
Page xxxiv
Redemption fund with U. S. treasurer ( 5 % of circulation ) .. Due from L. S. treasurer , other than 5 % redemption fund .. 400,453 00 100,000 00 100,000 00 8,900 00 8,900 00 Totals . $ 13,859,999 61 $ 19,696,684 14 $ 33,556,683 75 ...
Redemption fund with U. S. treasurer ( 5 % of circulation ) .. Due from L. S. treasurer , other than 5 % redemption fund .. 400,453 00 100,000 00 100,000 00 8,900 00 8,900 00 Totals . $ 13,859,999 61 $ 19,696,684 14 $ 33,556,683 75 ...
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Common terms and phrases
00 Gold coin 00 Loans 00 Silver coin Assistant Cashier bankers not reserve Banking house banks and bankers banks in reserve Bills payable bills rediscounted bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks Charles clearing house Commercial certificates Commercial deposits subject Dividends unpaid Due from banks Due to banks Exchanges for clearing Frank Furniture and fixtures interest and taxes internal revenue account items and internal Items in transit James John June 18 less current expenses Liabilities Loans and discounts MICHIGAN mortgages and securities National bank currency National bank notes Nickels and cents Notes and bills Overdrafts paid on bonds Premiums paid real estate Redemption fund Report of April Report of Jan Report of Sept reserve cities Resources Savings certificates Savings deposits subject to check Surplus fund taxes paid U. S. and National U. S. treasurer United States bonds Vice President
Popular passages
Page xv - ... 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 xv - 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 xvii - Drafts may be bona fide bills of exchange drawn upon actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are drawn against property previously consigned and existing either in its original form or in the shape of proceeds of sales in the hands of the consignees.
Page 372 - Liabilities. Capital stock paid in .... Surplus fund Undivided profits less expenses and taxes paid . . . National bank notes outstanding. . Due to ol her National banks . . Due to State banks and bankers Individual deposits subject to check Demand certificates of deposit.
Page 337 - US bonds to secure US deposits 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 inot reserve agentsl..
Page xv - 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 376 - Due from approved reserve agents Checks and other cash Items...
Page 416 - Taxes on real estate All other taxes, licenses and insurance department fees Legal expenses Advertising Printing and stationery Postage...
Page 412 - Gross premiums, less reinsurance, upon all unexpired risks running one year or less from date of policy, $4,533,873.53; unearned premiums.
Page 412 - Gross premiums (less re-insurance) upon all unexpired risks running one year or less from date of policy, $1,616,388.12; unearned premiums.
Bibliographic information
| Title | Annual Report |
| Author | Michigan. Banking Division |
| Contributor | Michigan. Banking Dept |
| Published | 1906 |
| Original from | the University of Michigan |
| Digitized | 27 Feb 2007 |
| Export Citation | BiBTeX EndNote RefMan |