Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page xiii
... banks , Jan. 7 , 1889 . 301 State banks , 1 society for savings , 6 trust companies , Nov. 12 , 1906 . 328 State ... RESERVE CITIES . In accordance with the provisions of sections 24 and 27 of the banking . law , I have designated for the ...
... banks , Jan. 7 , 1889 . 301 State banks , 1 society for savings , 6 trust companies , Nov. 12 , 1906 . 328 State ... RESERVE CITIES . In accordance with the provisions of sections 24 and 27 of the banking . law , I have designated for the ...
Page xl
... banks of Michigan to the Commissioner of the Banking Department , the reports being called for on past days unknown ... reserve cities ) ... 1,228,587 63 1,060,750 85 1,349,405 87 1,435,680 93 1,161,685 97 Items in transit ... 1,166,547 62 ...
... banks of Michigan to the Commissioner of the Banking Department , the reports being called for on past days unknown ... reserve cities ) ... 1,228,587 63 1,060,750 85 1,349,405 87 1,435,680 93 1,161,685 97 Items in transit ... 1,166,547 62 ...
Page xli
... banks of Michigan to the Commissioner of the Banking Department , January 26 ... reserve agents ) . 335,468 58 8,183,907 72 1,751,053 40 344,690 70 8,146,452 ... banks and bankers .... 1,714,285 22 Due from approved reserve ...
... banks of Michigan to the Commissioner of the Banking Department , January 26 ... reserve agents ) . 335,468 58 8,183,907 72 1,751,053 40 344,690 70 8,146,452 ... banks and bankers .... 1,714,285 22 Due from approved reserve ...
Page xliii
... banks , trust companies and one society for sav- ings in the city of Detroit , as made to the Commissioner of the ... reserve cities ) .... 418,616 61 391,599 10 594,242 37 703,901 53 500,004 16 Items in transit . 449,957 76 492,361 68 ...
... banks , trust companies and one society for sav- ings in the city of Detroit , as made to the Commissioner of the ... reserve cities ) .... 418,616 61 391,599 10 594,242 37 703,901 53 500,004 16 Items in transit . 449,957 76 492,361 68 ...
Page 97
... banks and bankers ( not reserve 107,008 25 99,758 25 83,954 57 98,132 77 cities ) .... 22,345 02 18,471 44 19,943 14 21,025 50 Items in transit .... 97,300 66 28,689 20 3,117 50 1,916 31 United States bonds .. 50,000 00 Due from banks in ...
... banks and bankers ( not reserve 107,008 25 99,758 25 83,954 57 98,132 77 cities ) .... 22,345 02 18,471 44 19,943 14 21,025 50 Items in transit .... 97,300 66 28,689 20 3,117 50 1,916 31 United States bonds .. 50,000 00 Due from banks in ...
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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.