Annual Report of the Commissioner of the Banking Department of the State of Michigan |
From inside the book
Results 1-5 of 72
Page 175
... secure circulation . 12,500 00 12,500 00 12,500 00 7,891 42 12,500 00 U. S. bonds , to secure deposits U. S. bonds , on hand ... Stocks , securities , etc. 20,511 66 20,568 49 20,568 49 20,968 49 Due from approved reserve agents ...
... secure circulation . 12,500 00 12,500 00 12,500 00 7,891 42 12,500 00 U. S. bonds , to secure deposits U. S. bonds , on hand ... Stocks , securities , etc. 20,511 66 20,568 49 20,568 49 20,968 49 Due from approved reserve agents ...
Page 176
... secure circulation . 4,820 96 50,000 00 $ 307.999 56 4,468 51 50,000 00 $ 328,645 21 948 11 50,000 00 U. S. bonds , to secure deposits $ 309,815 88 2,043 35 50,000 00 U. S. bonds , on hand .. Stocks , securities , etc .... 6,483 55 Due ...
... secure circulation . 4,820 96 50,000 00 $ 307.999 56 4,468 51 50,000 00 $ 328,645 21 948 11 50,000 00 U. S. bonds , to secure deposits $ 309,815 88 2,043 35 50,000 00 U. S. bonds , on hand .. Stocks , securities , etc .... 6,483 55 Due ...
Page 177
... secure circulation U. S. bonds to secure deposits . 25,000 00 25,000 00 25,000 00 2,722 64 25,000 00 U. S. bonds on hand .. Stocks , securities , etc. Due from approved reserve agents . 6,000 00 9,700 00 9,200 00 51 , -59 01 38,724 36 ...
... secure circulation U. S. bonds to secure deposits . 25,000 00 25,000 00 25,000 00 2,722 64 25,000 00 U. S. bonds on hand .. Stocks , securities , etc. Due from approved reserve agents . 6,000 00 9,700 00 9,200 00 51 , -59 01 38,724 36 ...
Page 178
... secure circulation . 626 25 25,000 00 841 79 25,000 00 $ 144,599 62 9,839 06 25,000 00 $ 154,877 84 1,232 08 25,000 00 U. S. bonds , to secure deposits U. S. bonds , on hand . Stocks , securities , etc. Due from approved reserve agents ...
... secure circulation . 626 25 25,000 00 841 79 25,000 00 $ 144,599 62 9,839 06 25,000 00 $ 154,877 84 1,232 08 25,000 00 U. S. bonds , to secure deposits U. S. bonds , on hand . Stocks , securities , etc. Due from approved reserve agents ...
Page 179
... secure circulation . 40,000 00 40,000 00 40,000 00 3,659 99 40,000 00 U. S. bonds , to secure deposits .. U. S. bonds , on hand . Stocks , securities , etc. 30,900 00 30,900 00 30,900 00 30,900 00 Due from approved reserve agents ...
... secure circulation . 40,000 00 40,000 00 40,000 00 3,659 99 40,000 00 U. S. bonds , to secure deposits .. U. S. bonds , on hand . Stocks , securities , etc. 30,900 00 30,900 00 30,900 00 30,900 00 Due from approved reserve agents ...
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Common terms and phrases
00 Fractional paper 00 Individual deposits 00 Other real 00 Silver coin 00 Surplus fund 00 Totals 00 Undivided profits approved reserve agents bank notes outstanding bankers Notes Banking house furniture banks and bankers banks in reserve bills rediscounted bonds and mortgages Capital stock paid Cashier's checks outstanding cent redemption fund Certificates of deposit Checks and cash checks outstanding Due clearing house Deposit of U. S. Due from approved Due from banks Due from U. S. Due to banks Exchanges for clearing expenses and taxes Fractional paper currency Furniture and fixtures Gold coin Individual deposits subject Interest paid July 12 Liabilities Loans and discounts national bank notes nickels and cents Nickels and pennies Notes and bills Overdrafts Premiums on U. S. Report of Dec Report of July Report of Sept reserve cities Savings deposits subject to check taxes paid U. S. and national U. S. disbursing officers U. S. treasurer
Popular passages
Page 4 - Seventh. To exercise by its board of directors or duly authorized officers or agents subject to law all such incidental powers as shall be necessary to carry on the business of banking...
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 18 - ... paid over to him, shall make further dividends on all claims previously proved or adjudicated; and the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held.
Page 18 - Issues or puts forth any certificate of deposit, 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 4 - Third. To make contracts. Fourth. To sue and be sued, complain and defend, in any court of law or equity.
Page 12 - But nothing in this act shall be construed to affect the legality of investments heretofore made, or of transactions heretofore had, pursuant to any provisions of law in force when such investments were made, or transactions had...
Page 18 - ... 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 4 - To prescribe by its board of directors by-laws not inconsistent with law regulating the manner in which its stock shall be transferred, its directors elected or appointed, its officers appointed, its property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed.
Page 16 - 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 6 - ... for capital, nor be valid or warrant the cancellation of stock certificates, or diminish the personal liability of stockholders until such reduction has been approved by the Commissioner of the Banking Department. Such approval must be based upon a finding by him that the security of existing creditors of the bank will not be impaired by the proposed reduction. SEC. 11. A bank may purchase, hold and convey real estate for the following purposes, but no other: Bank may reduce