Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page 4
... 00 Premiums paid on bonds ....... Overdrafts ..... 665 00 990 11 53 94 173 68 440 17 Banking house ... 30,000 00 ... Gold coin .. 24,357 50 28,077 50 27,980 00 29,270 00 28,765 00 Silver coin .. 4,791 25 8,256 85 7,691 95 4,851 25 2,729 ...
... 00 Premiums paid on bonds ....... Overdrafts ..... 665 00 990 11 53 94 173 68 440 17 Banking house ... 30,000 00 ... Gold coin .. 24,357 50 28,077 50 27,980 00 29,270 00 28,765 00 Silver coin .. 4,791 25 8,256 85 7,691 95 4,851 25 2,729 ...
Page 10
... 00 10,151 00 8,953 00 8,725 00 3,070 00 Gold coin .. 5,510 00 4,050 00 4,000 00 4,045 00 4,020 00 Silver coin .. 2,472 20 1,890 70 2,845 05 3,663 60 2,474 75 Nickels and cents .. 278 55 255 05 325 70 389 75 Checks , cash items and ...
... 00 10,151 00 8,953 00 8,725 00 3,070 00 Gold coin .. 5,510 00 4,050 00 4,000 00 4,045 00 4,020 00 Silver coin .. 2,472 20 1,890 70 2,845 05 3,663 60 2,474 75 Nickels and cents .. 278 55 255 05 325 70 389 75 Checks , cash items and ...
Page 17
... 00 Overdrafts ..... 1,198 85 1,383 90 4,396 05 706 57 4,277 71 Banking house .... 30,000 00 30,000 00 30,000 00 ... Gold coin .... 75,072 50 79,405 00 69,800 00 71,645 00 75,420 00 Silver coin .. 12,000 00 17,000 00 21,500 00 15,000 00 ...
... 00 Overdrafts ..... 1,198 85 1,383 90 4,396 05 706 57 4,277 71 Banking house .... 30,000 00 30,000 00 30,000 00 ... Gold coin .... 75,072 50 79,405 00 69,800 00 71,645 00 75,420 00 Silver coin .. 12,000 00 17,000 00 21,500 00 15,000 00 ...
Page 18
... 00 $ 390,847 39 402,817 45 $ 362,215 63 393,431 26 $ 353,115 09 $ 359,706 97 395,468 51 389,008 96 Overdrafts ... Gold coin ... . . . . 16,407 50 19,082 30 25,317 50 23,872 50 16,425 00 Silver coin ..... 4,191 25 6,030 45 5,962 65 6,151 ...
... 00 $ 390,847 39 402,817 45 $ 362,215 63 393,431 26 $ 353,115 09 $ 359,706 97 395,468 51 389,008 96 Overdrafts ... Gold coin ... . . . . 16,407 50 19,082 30 25,317 50 23,872 50 16,425 00 Silver coin ..... 4,191 25 6,030 45 5,962 65 6,151 ...
Page 21
... 00 $ 108,973 14 103,925 00 $ 113,339 01 106,394 04 $ 113,984 66 108,244 04 $ 116,310 23 107,144 04 Premiums paid on ... Gold coin ...... 1,985 00 1,565 00 1,940 00 1,575 00 1,965 00 Silver coin .... 1,119 10 1,339 00 1,032 65 1,167 60 ...
... 00 $ 108,973 14 103,925 00 $ 113,339 01 106,394 04 $ 113,984 66 108,244 04 $ 116,310 23 107,144 04 Premiums paid on ... Gold coin ...... 1,985 00 1,565 00 1,940 00 1,575 00 1,965 00 Silver coin .... 1,119 10 1,339 00 1,032 65 1,167 60 ...
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Common terms and phrases
00 Furniture 00 Gold coin 00 Other real 00 penses 00 Silver coin 00 Surplus fund 00 Undivided profits 08 July 08 Loans 08 Sept Assistant Cashier bankers not reserve banks and bankers banks in reserve bills rediscounted 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 to banks Exchanges for clearing fund with U. S. Furniture and fixtures interest and taxes internal revenue account items and internal Items in transit July 15 less current ex Loans and discounts mortgages and securities National bank currency Nickels and cents Notes and bills Overdrafts paid on bonds real estate Report of Dec Report of Report 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 xxxix - It becomes his duty, 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 xxxii - 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 xxxv - Lansing, Michigan : My Dear Sir — I am in receipt of your communication of the 16th inst. in which you ask whether or not certificates of indebtedness issued in payment for voting machines under the provisions of section 13 of Act 217 of the Public Acts of 1905 are proper investments for savings banks under subdivision (b).
Page xxxi - 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 onetenth part of the amount of the capital stock of such association actually paid in.
Page xxxviii - No name shall be assumed already in use by any other existing corporation of this State, or corporation lawfully carrying on business in this State, or so nearly similar as to lead to uncertainty or confusion.
Page xxxi - The total liabilities to any bank of any person or of any company, corporation or firm for moneys advanced, including in the liabilities of the company or firm the...
Page xxxvi - 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.
Page xxxix - ... 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.
Page 454 - Liabilities, Capital stock paid in Surplus fund . Undivided profits, less expenses and taxes paid National bank notes outstanding.. . Due to other National banks Due to State banks and bankers.
Page xxxii - Sculy, a regulation to prevent these associations from splitting on the rock which has ruined so many banks, to wit, that of lending too much of their capital to one person or firm. The intention being to protect the association and its stockholders and creditors from unwise banking, wo cannot suppose it was meant to injure them by forbidding recovery of the injudicious loans.
Bibliographic information
| Title | Annual Report of the Commissioner of the Banking Department of the State of Michigan |
| Author | Michigan. Banking Division |
| Contributor | Michigan. Banking Dept |
| Published | 1908 |
| Original from | the University of Michigan |
| Digitized | 27 Feb 2007 |
| Export Citation | BiBTeX EndNote RefMan |