Annual Report |
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Page xxix
227,223 45 213,634 65 263,336 83 231,716 12 266,233 92 U. S. bonds to secure circulation .. 7,633,300 00 7,668,550 00 ... 4,782,588 20 4,841,588 20 4,926,588 20 5,182,950 00 Undivided profits less expenses and 5,264,262 50 taxes paid .
227,223 45 213,634 65 263,336 83 231,716 12 266,233 92 U. S. bonds to secure circulation .. 7,633,300 00 7,668,550 00 ... 4,782,588 20 4,841,588 20 4,926,588 20 5,182,950 00 Undivided profits less expenses and 5,264,262 50 taxes paid .
Page xxx
162,216,572 10 $ 167,362,102 36 $ 174,976,071 52 $ 179,875,834 02 $ 182,796,181 04 Stocks , bonds and mortgages 86.649,330 61 88,070,844 44 90,016,630 ... 1,603,310 00 1,505,510 00 1,663,095 00 1,573,890 00 1,658,210 00 Premiums paid .
162,216,572 10 $ 167,362,102 36 $ 174,976,071 52 $ 179,875,834 02 $ 182,796,181 04 Stocks , bonds and mortgages 86.649,330 61 88,070,844 44 90,016,630 ... 1,603,310 00 1,505,510 00 1,663,095 00 1,573,890 00 1,658,210 00 Premiums paid .
Page xxxii
1,696 13 7,338 41 2,535 07 5,370 47 13,320 59 U. S. bonds to secure circulation ..... 1,450,000 00 1,500,000 00 ... 1,266,500 00 1,250,000 00 1,250,000 00 1,250,000 00 Undivided profits less expenses and 1,250 000 00 taxes paid .
1,696 13 7,338 41 2,535 07 5,370 47 13,320 59 U. S. bonds to secure circulation ..... 1,450,000 00 1,500,000 00 ... 1,266,500 00 1,250,000 00 1,250,000 00 1,250,000 00 Undivided profits less expenses and 1,250 000 00 taxes paid .
Page xxxiii
S. bonds to secure U. S. deposits .. 610,000 00 610,000 00 610,000 00 610,000 00 467,500 00 Other bonds to secure U. S. deposits . 879,159 17 U. S. bonds on hand ... 787,300 00 694,500 00 851,205 00 786,700 00 879,200 00 Premiums paid .
S. bonds to secure U. S. deposits .. 610,000 00 610,000 00 610,000 00 610,000 00 467,500 00 Other bonds to secure U. S. deposits . 879,159 17 U. S. bonds on hand ... 787,300 00 694,500 00 851,205 00 786,700 00 879,200 00 Premiums paid .
Page xxxiv
U. S. bonds on hand .. Premiums paid . Banking house , furniture and fixtures .. Other real estate ........ Due from other banks and bankers . Due from banks in reserve cities . Checks and other cash items ... 11,187 47 € 05 00 11,792 ...
U. S. bonds on hand .. Premiums paid . Banking house , furniture and fixtures .. Other real estate ........ Due from other banks and bankers . Due from banks in reserve cities . Checks and other cash items ... 11,187 47 € 05 00 11,792 ...
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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.