Annual Report of the Commissioner of the Banking Department of the State of Michigan, Volume 2 |
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Page 7
Michigan. Banking Division. merly Nat Savings Ba and S of De vings Be nk of H of M which e pay loaned exam e as ced ot 19 11 B ty , bei ban sign od w be f gate repre abere N aft d 2 1 as $ 27,779,136.09 , and the number of depositors in ...
Michigan. Banking Division. merly Nat Savings Ba and S of De vings Be nk of H of M which e pay loaned exam e as ced ot 19 11 B ty , bei ban sign od w be f gate repre abere N aft d 2 1 as $ 27,779,136.09 , and the number of depositors in ...
Page 11
United States deposits .. Deposits with U. S. disbursing officers . Due to other national banks ... Due to State banks and bankers . Notes and bills re - discounted .. Bills payable___ Total ... Loans and discounts .
United States deposits .. Deposits with U. S. disbursing officers . Due to other national banks ... Due to State banks and bankers . Notes and bills re - discounted .. Bills payable___ Total ... Loans and discounts .
Page 11
27,628,145 16 18,846,637 08 $ 47,527,375 32 $ 75,155,520 48 4,289,671 45 23,136,308 53 183,645 30 219,314 54 402,959 84 5,712,028 27 6,000,383 99 11,712,412 26 Due from other banks and bankers . 371,808 62 1,531,500 83 1,903,309 45 ...
27,628,145 16 18,846,637 08 $ 47,527,375 32 $ 75,155,520 48 4,289,671 45 23,136,308 53 183,645 30 219,314 54 402,959 84 5,712,028 27 6,000,383 99 11,712,412 26 Due from other banks and bankers . 371,808 62 1,531,500 83 1,903,309 45 ...
Page 15
Overdrafts Due from banks Real estate , furniture and fixtures . ... Due to banks and bankers . ... S $ 785,335 30 723,351 68 Five State Banks , $ 2,023,642 77 2,498 49 203,281 59 28,656 09 28,846 70 3,235 03 110,517 28 $ 2,400,630 95 ...
Overdrafts Due from banks Real estate , furniture and fixtures . ... Due to banks and bankers . ... S $ 785,335 30 723,351 68 Five State Banks , $ 2,023,642 77 2,498 49 203,281 59 28,656 09 28,846 70 3,235 03 110,517 28 $ 2,400,630 95 ...
Page 16
I would again call your attention to the reserve of savings banks . Section 27 , of the banking law , requires that savings banks shall keep on hand at least , fifteen ( 15 ) per cent of their savings deposits in money , but does not ...
I would again call your attention to the reserve of savings banks . Section 27 , of the banking law , requires that savings banks shall keep on hand at least , fifteen ( 15 ) per cent of their savings deposits in money , but does not ...
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Common terms and phrases
00 Silver coin 00 Surplus fund 00 Totals 00 Undivided profits amount associations authorized Banking Department Banking house banks and bankers banks in reserve Bills payable bills re-discounted bonds and mortgages Capital stock paid cash items Cashier's checks outstanding cent Certificates of deposit Certified checks Chas Checks and cash clearing house clerks Commissioner corporations County Savings Bank Current expenses Detroit Dividends unpaid Due from banks Due to banks examination Exchanges for clearing expenses and taxes Furniture and fixtures Gold coin hundred incorporation Interest paid John July 18 Liabilities Loans and discounts Michigan national bank notes Nickels and pennies Notes and bills officers Organized Overdrafts person real estate receiver Report of Dec Report of July Report of October reserve cities Resources Savings deposits stockholders subject to check taxes paid thereof Treasurer U. S. and national Vice President
Popular passages
Page 133 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Page 147 - Whenever a vote is taken to go into liquidation it shall be the duty of the board of directors to cause notice of this fact to be certified, under the seal of the...
Page 142 - All debts due to any association, on which interest is past due and unpaid for a period of six months, unless the same are well secured, and in process of collection, shall be considered bad debts within the meaning of this section.
Page 147 - 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 148 - ... and every person who with like intent aids or abets any officer, clerk, or agent in any violation of this section, shall be deemed guilty of a misdemeanor, and shall be imprisoned not less than five years nor more than ten.
Page 148 - From time to time, after full provision has been first made for refunding to the United States any deficiency in redeeming the notes of such association, the Comptroller shall make a ratable dividend of the money so paid over to him by such receiver on all such claims as may have been proved to his satisfaction or adjudicated in a court of competent jurisdiction...
Page 146 - Persons holding stock as executors, administrators, guardians, or trustees shall not be personally subject to any liabilities as stockholders, but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust funds would be if living and competent to act and hold the stock in his own name.
Page 137 - In addition to the reports required by the preceding section, each association shall report to the Comptroller of the Currency, within ten days after declaring any dividend, the amount of such dividend, and the amount of net earnings in excess of such dividend.
Page 148 - ... draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report...
Page 145 - ... with an abstract of the whole amount of capital returned by them, the whole amount of their debts and liabilities...
Bibliographic information
| Title | Annual Report of the Commissioner of the Banking Department of the State of Michigan, Volume 2 |
| Author | Michigan. Banking Division |
| Contributor | Michigan. Banking Dept |
| Published | 1891 |
| Original from | the University of Michigan |
| Digitized | 28 Feb 2007 |
| Export Citation | BiBTeX EndNote RefMan |