Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page 4
... 00- Overdrafts .... 178 90 77 58 143 54 251 77 Banking house .. 30,000 00 ... revenue account 149 60 476 17 573 05 244 86 Totals ... $ 1,421,340 20 ... Undivided profits , less current expenses , interest and taxes paid ...
... 00- Overdrafts .... 178 90 77 58 143 54 251 77 Banking house .. 30,000 00 ... revenue account 149 60 476 17 573 05 244 86 Totals ... $ 1,421,340 20 ... Undivided profits , less current expenses , interest and taxes paid ...
Page 5
... 00 2,080 81 12,000 00 363 94 12,000 00 185 65 12,000 00 Furniture and fixtures .. Other real estate .. Due from ... Undivided profits , less current expenses , interest and taxes paid .. 22,000 00 22,000 00 22,000 00 6,905 45 ...
... 00 2,080 81 12,000 00 363 94 12,000 00 185 65 12,000 00 Furniture and fixtures .. Other real estate .. Due from ... Undivided profits , less current expenses , interest and taxes paid .. 22,000 00 22,000 00 22,000 00 6,905 45 ...
Page 8
... 00 2,457 61 United States bonds .. Due from banks in reserve cities . 34,045 42 38,959 41 25,950 91 43,174 70 ... Undivided profits , less current expenses , interest and taxes paid .. 10,000 00 10,000 00 4,315 75 5,338 28 6,927 41 ...
... 00 2,457 61 United States bonds .. Due from banks in reserve cities . 34,045 42 38,959 41 25,950 91 43,174 70 ... Undivided profits , less current expenses , interest and taxes paid .. 10,000 00 10,000 00 4,315 75 5,338 28 6,927 41 ...
Page 9
... 00 5,400 00 5,400 00 5,400 00 Furniture and fixtures . 2,150 00 2,150 00 2,150 00 2,150 00 Other real estate .. Due ... Undivided profits , less current expenses , interest 8,000 00 8,000 00 and taxes paid ... 698 50 1,733 33 3,836 ...
... 00 5,400 00 5,400 00 5,400 00 Furniture and fixtures . 2,150 00 2,150 00 2,150 00 2,150 00 Other real estate .. Due ... Undivided profits , less current expenses , interest 8,000 00 8,000 00 and taxes paid ... 698 50 1,733 33 3,836 ...
Page 10
... 00 1,900 00 1,900 00 1,900 00 1,900 00 100 00 100 00 416 23 4,982 12 Due from other banks and bankers ( not reserve ... Undivided profits , less current expenses , interest 1,000 00 and taxes paid ... 1,093 17 2,551 95 3,617 62 460 ...
... 00 1,900 00 1,900 00 1,900 00 1,900 00 100 00 100 00 416 23 4,982 12 Due from other banks and bankers ( not reserve ... Undivided profits , less current expenses , interest 1,000 00 and taxes paid ... 1,093 17 2,551 95 3,617 62 460 ...
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Common terms and phrases
00 Furniture 00 Gold coin 00 Nickels 00 Other real 00 Silver coin 00 Surplus fund 00 Undivided profits Assistant Cashier bankers not reserve banks and bankers banks in reserve bills rediscounted Bills Bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks clearing house Commercial certificates Commercial deposits subject Due from banks Due from U. S. Due to banks Exchanges for clearing fund with U. S. Furniture and fixtures interest and taxes internal revenue account items and internal Items in transit less current expenses Loans and discounts mortgages and securities National bank currency National bank notes Nickels and cents Notes and bills Overdrafts paid on bonds real estate rediscounted Bills payable Report of Aug Report of Jan reserve cities 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 xxxiv - 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 xxxviii - ... 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 at less than par.
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 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 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 xxxiii - That the discount of bona fide bills of exchange drawn against actually existing values, and the discount of commercial or business paper actually owned by the person or persons, corporation, or firm negotiating the same, shall not be considered as money borrowed.
Page 370 - US bonds on hand Premiums on US bonds Stocks, securities, etc Banking house, furniture and fixtures Other real estate and mortgages owned Due from National banks...
Page xxxiii - Lansing, Michigan: Dear Sir — I am in receipt of your communication of the 19th inst. referring to the General Banking Law of this State, and requesting my opinion upon the following questions: "First, How much money may the directors of a hank loan to any persoп,,or company, or corporation, or firm, hy a two-thirds vote of its hoard of directors?
Page 411 - US bonds Stocks, securities, etc ... Banking house, furniture and fixtures Other real estate and mortgages owned Due from National banks (not reserve agents).
Page xxxix - Any bank combining the business of a commercial bank and a savings bank shall keep separate books of account for each kind of business: Provided, That all receipts, investments and transactions relating to each of said classes of business shall be governed by the provisions and restrictions herein specifically provided for the respective kinds of banks.