Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page 10
... 47,854,277 90 $ 56,950,395 68 $ 65,191,972 53 Liabilities . Capital stock paid in $ 7,254,559 10 1,132,329 90 $ 8,460,835 00 1,502,849 44 1,912,300 21 $ 9,522,420 00 1 Resources . One hundred and thirteen banks . Dec. 11.
... 47,854,277 90 $ 56,950,395 68 $ 65,191,972 53 Liabilities . Capital stock paid in $ 7,254,559 10 1,132,329 90 $ 8,460,835 00 1,502,849 44 1,912,300 21 $ 9,522,420 00 1 Resources . One hundred and thirteen banks . Dec. 11.
Page 11
Due from U. S. Treasurer .. Premiums on U. S. bonds ... 5,156,435 60 5,363,033 64 5,837,462 12 175,937 44 166,537 96 155,501 41 506,812 27 416,961 40 326,649 58 Totals $ 66,051,502 97 $ 68,358,341 25 $ 70.555,261 76 Liabilities ...
Due from U. S. Treasurer .. Premiums on U. S. bonds ... 5,156,435 60 5,363,033 64 5,837,462 12 175,937 44 166,537 96 155,501 41 506,812 27 416,961 40 326,649 58 Totals $ 66,051,502 97 $ 68,358,341 25 $ 70.555,261 76 Liabilities ...
Page 12
47,354,277 90 $ 66,051,502 97 $ 113,405,780 87 $ 65,191,972 53 $ 70,555,261 76 $ 135,747,234 29 Liabilities . Deposits 36,051,783 88 35,217,989 08 71,269,772 91 49,751,468 06 38,984,437 50 88,735,905 56 National bank notes outstanding .
47,354,277 90 $ 66,051,502 97 $ 113,405,780 87 $ 65,191,972 53 $ 70,555,261 76 $ 135,747,234 29 Liabilities . Deposits 36,051,783 88 35,217,989 08 71,269,772 91 49,751,468 06 38,984,437 50 88,735,905 56 National bank notes outstanding .
Page 13
169,394 99 208,740 56 207,042 88 215,054 78 U. S. and national bank bills 1,519,378 00 1,808,679 00 1,606,727 00 1,807,081 00 Totals $ 60,174,970 90 $ 61,910,047 02 $ 63,425,800 61 $ 65,191,972 58 Liabilities . Capital stock paid in .
169,394 99 208,740 56 207,042 88 215,054 78 U. S. and national bank bills 1,519,378 00 1,808,679 00 1,606,727 00 1,807,081 00 Totals $ 60,174,970 90 $ 61,910,047 02 $ 63,425,800 61 $ 65,191,972 58 Liabilities . Capital stock paid in .
Page 14
65,191,972 53 $ 70,555,261 76 $ 135,747,234 29 Liabilities . Capital stock paid in . Surplus and undivided profits . Dividends unpaid ............... $ 9,522,420 00 3,873,781 03 2,158 87 $ 15,244,600 00 6,074,459 65 36,373 86 ...
65,191,972 53 $ 70,555,261 76 $ 135,747,234 29 Liabilities . Capital stock paid in . Surplus and undivided profits . Dividends unpaid ............... $ 9,522,420 00 3,873,781 03 2,158 87 $ 15,244,600 00 6,074,459 65 36,373 86 ...
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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...