Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page xlii
... Nickels and cents ...... 664,672 24 1,581,161 96 144,330 80 Specie ... 10,410,427 27 U. S. and National bank notes . Redemption fund with U. S. treasurer ( 5 % of circulation ) . 10,655,956 12 421,027 50 Due from U. S. treasurer , other ...
... Nickels and cents ...... 664,672 24 1,581,161 96 144,330 80 Specie ... 10,410,427 27 U. S. and National bank notes . Redemption fund with U. S. treasurer ( 5 % of circulation ) . 10,655,956 12 421,027 50 Due from U. S. treasurer , other ...
Page xliv
... nickels cents Specie .. Legal tender notes Redemption fund with U. S. treasurer , 29.333 87 25,616 67 27,040 01 27,401 78 263,238 00 164,622 00 308,673 00 334,043 00 356,005 04 511,323 79 617,918 83 469,885 72 47,876 40 150,05 00 ...
... nickels cents Specie .. Legal tender notes Redemption fund with U. S. treasurer , 29.333 87 25,616 67 27,040 01 27,401 78 263,238 00 164,622 00 308,673 00 334,043 00 356,005 04 511,323 79 617,918 83 469,885 72 47,876 40 150,05 00 ...
Page xlvi
... Nickels and cents ... Specie ...... 85,601 18 108,421 39 194,022 57 3,852 08 9,287 43 13,119 51 313,631 75 580,429 93 894,061 68 U. S. and National bank notes . 411,059 00 339,297 00 750,356 00 Redemption fund with U. S. treasurer ( 5 ...
... Nickels and cents ... Specie ...... 85,601 18 108,421 39 194,022 57 3,852 08 9,287 43 13,119 51 313,631 75 580,429 93 894,061 68 U. S. and National bank notes . 411,059 00 339,297 00 750,356 00 Redemption fund with U. S. treasurer ( 5 ...
Page lv
... Nickels and cents .... Specie ...... 725 44 91,986 00 14,194 33 309,642 06 2,868 42 9,159 08 835 91 51,891 75 U. S. and National bank notes .. 201,370 00 Redemption fund with U. S. treasurer ( 5 % of circulation ) ... Due from U. S. ...
... Nickels and cents .... Specie ...... 725 44 91,986 00 14,194 33 309,642 06 2,868 42 9,159 08 835 91 51,891 75 U. S. and National bank notes .. 201,370 00 Redemption fund with U. S. treasurer ( 5 % of circulation ) ... Due from U. S. ...
Page 5
... Nickels and cents . 271 84 324 98 333 57 343 75 Checks , cash items and internal revenue account 3.00 Totals . $ 638,073 40 22 61 $ 672,686 97 60 CO 265 82 $ 686,476 92 $ 690,827 26 Liabilities . Capital stock paid in .. $ 110,000 00 ...
... Nickels and cents . 271 84 324 98 333 57 343 75 Checks , cash items and internal revenue account 3.00 Totals . $ 638,073 40 22 61 $ 672,686 97 60 CO 265 82 $ 686,476 92 $ 690,827 26 Liabilities . Capital stock paid in .. $ 110,000 00 ...
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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.