Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page 157
2,147 00 1,663 00 Fractional paper cur'cy , nickels and cents .. 183 15 Specie , S gold 176 06 silver ... 10,031 30 9,501 75 Legal tender notes .. Due from U. S. treasurer .. 10,000 00 5,000 00 Five per cent redemption fund .
2,147 00 1,663 00 Fractional paper cur'cy , nickels and cents .. 183 15 Specie , S gold 176 06 silver ... 10,031 30 9,501 75 Legal tender notes .. Due from U. S. treasurer .. 10,000 00 5,000 00 Five per cent redemption fund .
Page 158
Bills of other banks Fractional paper cur'cy , nickels and cents . Specie , silver gold 55 00 472 35 46 65 6,813 21 9,712 31 1,388 25 3,986 80 Legal tender notes .. 2,753 00 3,610 00 Five per cent redemption fund .
Bills of other banks Fractional paper cur'cy , nickels and cents . Specie , silver gold 55 00 472 35 46 65 6,813 21 9,712 31 1,388 25 3,986 80 Legal tender notes .. 2,753 00 3,610 00 Five per cent redemption fund .
Page 159
... 12 6,781 38 Premium on U. S. bonds Checks and other cash items 774 69 299 34 Exchanges for clearing house Bills of other banks Specie Fractional paper currency , nickels and cents . ... 12,992 00 Five per cent redemption fund .
... 12 6,781 38 Premium on U. S. bonds Checks and other cash items 774 69 299 34 Exchanges for clearing house Bills of other banks Specie Fractional paper currency , nickels and cents . ... 12,992 00 Five per cent redemption fund .
Page 160
Premiums on U. S. bonds Checks and other cash items Exchanges for clearing house Bills of other banks Fractional paper currency , nickels and cents .. Gold Specie . Silver Legal tender notes . Five per cent redemption fund .
Premiums on U. S. bonds Checks and other cash items Exchanges for clearing house Bills of other banks Fractional paper currency , nickels and cents .. Gold Specie . Silver Legal tender notes . Five per cent redemption fund .
Page 162
Fractional paper currency , nickels and cents . Specie , Gold Silver .. Legal tender notes Five per cent redemption fund . Merchandise . Totals . Report of Report of Sept. 25. Dec. 2 . $ 307,417 91 $ 321,559 05 467 62 1,153 44 40,000 00 ...
Fractional paper currency , nickels and cents . Specie , Gold Silver .. Legal tender notes Five per cent redemption fund . Merchandise . Totals . Report of Report of Sept. 25. Dec. 2 . $ 307,417 91 $ 321,559 05 467 62 1,153 44 40,000 00 ...
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Common terms and phrases
00 Totals approved reserve agents bank notes outstanding bankers Notes Banking house furniture banks and bankers banks in reserve bonds and mortgages bonds on hand Capital stock paid cash items Cashier's checks outstanding cent redemption fund Certificates of deposit Checks and cash Deposit of U. S. Due from approved Due from banks Due from U. S. Due to banks Exchanges for clearing expenses and taxes Five per cent Furniture and fixtures Gold coin Interest paid July 9 Legal tender notes Liabilities Loans and discounts MICHIGAN national bank notes nickels and cents Nickels and pennies Notes and bills Organized Premiums on U. S. real estate Report of Dec Report of July Report of Sept reserve cities Resources Savings deposits secure circulation secure deposits subject to check taxes paid U. S. and national U. S. bonds U. S. disbursing officers U. S. treasurer United States deposit Vice President
Popular passages
Page 17 - 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 16 - ... with a view to prevent the application of its assets in the manner prescribed by this act, or with a view to the preference of one creditor to another except in payment of its circulating notes, shall be utterly null and void.
Page 13 - He may also employ from time to time such cicrks. «lerks to assist him and his deputy in the discharge of the several duties imposed upon them by this act as he shall find necessary. The salary of the Commissioner shall be two thousand five hundred dollars per annum.
Page 9 - Such reports shall exhibit in detail, and under appropriate heads, the resources, assets and liabilities of the bank at the close of business of any past day by him specified...
Page 18 - ... on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders.
Page 12 - The powers, privileges, duties and restrictions conferred and imposed upon any bank existing and doing business under the laws of this State are hereby abridged, enlarged or modified, as each particular case may require to conform to the provisions of this act, and to such amendments as may be made thereto.
Page 5 - ... and such stock shall be sold as the directors may order, within six months from the time of such forfeiture, and if not sold it shall be canceled and deducted from the capital stock of the association.
Page 18 - ... and sell all the real and personal property of such bank on such terms as the court shall direct, and may, if necessary to pay the debts of such bank, enforce all individual liability of the stockholders.
Page 18 - All real estate owned by any bank may be taxed as other real estate in the city, village or township where the same may be situated, and the residue of its capital and surplus shall be taxed as personal property, but the assessment thereof for taxation shall not be at a greater rate than is assessed on money capital in the hands of individual citizens in the same city, village or township.
Page 13 - Commissioner shall take and subscribe the oath of office prescribed by the constitution, and file the same in the office of the Secretary of State...
Bibliographic information
| Title | Annual Report of the Commissioner of the Banking Department of the State of Michigan |
| Author | Michigan. Banking Division |
| Contributor | Michigan. Banking Dept |
| Published | 1892 |
| Original from | the University of Michigan |
| Digitized | 27 Feb 2007 |
| Export Citation | BiBTeX EndNote RefMan |