Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page xliii
... NOTES AND SECURITIES DEPOSITED WITH TRUST COMPANIES NOT LEGAL SAVINGS ... bills or other evidences of debt , the payment of which is secured by the ... notes , bills or other evidence of debt , the payment of which is secured by ...
... NOTES AND SECURITIES DEPOSITED WITH TRUST COMPANIES NOT LEGAL SAVINGS ... bills or other evidences of debt , the payment of which is secured by the ... notes , bills or other evidence of debt , the payment of which is secured by ...
Page li
... notes therein thereby become lawful investments for savings banks . A conference with the representatives of the institutions affected by the question above stated has ... notes , bills or other evi- REPORT OF THE COMMISSIONER . li.
... notes therein thereby become lawful investments for savings banks . A conference with the representatives of the institutions affected by the question above stated has ... notes , bills or other evi- REPORT OF THE COMMISSIONER . li.
Page lii
... notes or bonds secured by mortgage lien " are also included in " notes , bills or other evidences of debt the payment of which is secured by de- posit with the bank of collateral security consisting of personal property or securities of ...
... notes or bonds secured by mortgage lien " are also included in " notes , bills or other evidences of debt the payment of which is secured by de- posit with the bank of collateral security consisting of personal property or securities of ...
Page lxxvii
... Notes of other national banks . 895,510 00 939,999 00 1,173,498 00 1,240,913 00 935,128 00 Fractional paper currency ... bills rdiscounted . 11,000 00 85,184 18 295,122 83 139,948 12 270,879 75 Bills payable .. 98,501 05 155,000 00 ...
... Notes of other national banks . 895,510 00 939,999 00 1,173,498 00 1,240,913 00 935,128 00 Fractional paper currency ... bills rdiscounted . 11,000 00 85,184 18 295,122 83 139,948 12 270,879 75 Bills payable .. 98,501 05 155,000 00 ...
Page lxxx
... Notes of other national banks . Fractional paper currency , 260,202 00 336,561 00 536,277 00 602,309 00 301,389 00 ... bills rediscounted . Bills payable .. 425,000 00 Reserved for taxes . 7,253 61 22,253 61 51,449 04 4,000 00 ...
... Notes of other national banks . Fractional paper currency , 260,202 00 336,561 00 536,277 00 602,309 00 301,389 00 ... bills rediscounted . Bills payable .. 425,000 00 Reserved for taxes . 7,253 61 22,253 61 51,449 04 4,000 00 ...
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Common terms and phrases
00 Furniture 00 Gold coin 00 Nickels 00 Other real 00 rent expenses 00 Savings department 00 Silver coin 00 Surplus fund 00 Undivided profits Assistant Cashier banks and bankers banks in reserve bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks clearing house Commercial certificates Commercial department Savings Commercial deposits subject department Savings department Due from banks Due to banks exceeding earnings Exchanges for clearing Furniture and fixtures interest and taxes Items in transit June 30 less losses Liabilities Loans and discounts monies on deposit mortgages and securities National bank currency Nickels and cents Notes and bills Report of June Report of Mar Report of Nov Report of Report reserve cities Reserved for taxes Resources Savings certificates Savings deposits secure U. S. deposits subject to check taxes paid U. S. and National U. S. treasurer United States bonds Vice President
Popular passages
Page xxxiii - 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 xli - ... with the concurrence of the Attorney General, to institute proceedings for the appointment of a receiver to wind up the affairs of the bank.
Page xxxiii - That 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 xxxvii - Federal reserve bank shall transact any business except such as is incidental and necessarily preliminary to its organization until it has been authorized by the Comptroller of the Currency to commence business under the provisions of this Act.
Page xxxix - Law in section 1 provides that any number of persons, not less than five, "may associate to establish offices of discount and deposit, to be known as commercial banks, and also to establish offices of loan and dejwsit to be known as savings banks, or to establish banks having departments for both classes of business,
Page xxxiv - ... per centum of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values.
Page xxxviii - The local authorities, on the adoption and purchase of a voting machine, may provide for the payment therefor in such manner as they may deem for the best interest of the locality and may for that purpose issue bonds, certificates of indebtedness or other obligations which shall be a charge on the city, town or village. Such bonds, certificates or other obligations may be issued with or without interest, payable at such time or times as the authorities may determine, but shall not be issued or sold...
Page xlix - Neither the legislature nor any municipal authority shall grant or authorize extra compensation to any public officer, agent, employe or contractor after the service has been rendered or the contract entered into. Salaries of public officers, except circuit judges, shall not be increased, nor shall the salary of any public officer be decreased, after election or appointment.
Page lii - The stockholders of every bank shall be individually liable, equally and ratably, and not one for another, for the benefit of the depositors in said bank to the amount of their stock at the par value thereof, in addition to the said stock...
Page xli - ... said bank and ascertain the facts, and in case he finds such impairment or reduction of capital, he shall require such bank to make good the deficiency so appearing within sixty days after the date of such requisition.