Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page xviii
... account . 1,832 12 Bills payable ( net ) Total 387 87 $ 118,055 96 Springport State Savings Bank . I took possession of this bank on December 11th , 1908. During the progress of an examination by the directors on December 5th , 1908 ...
... account . 1,832 12 Bills payable ( net ) Total 387 87 $ 118,055 96 Springport State Savings Bank . I took possession of this bank on December 11th , 1908. During the progress of an examination by the directors on December 5th , 1908 ...
Page xlviii
... account ... 287,178 22 289,216 24 327,229 27 277,547 39 311,115 78 Totals ... $ 238,944,142 38 $ 242,493,084 88 ... Bills payable ... 103,445,780 . 46 28,687,965 00 94,486 13 215,600 00 10,715,394 02 4,508,736 81 6,888 40 51,531,085 ...
... account ... 287,178 22 289,216 24 327,229 27 277,547 39 311,115 78 Totals ... $ 238,944,142 38 $ 242,493,084 88 ... Bills payable ... 103,445,780 . 46 28,687,965 00 94,486 13 215,600 00 10,715,394 02 4,508,736 81 6,888 40 51,531,085 ...
Page li
... account ... 33,547 08 47,175 12 53,585 52 23,836 19 31,743 31 Totals ... $ 93,337,772 94 $ 94,619,986 83 ... Bills payable ... Totals . 2,996,639 87 $ 93,337,772 94 $ 94,619,986 83 $ 93,717,116 81 $ 92,330,276 13 $ 91,453,873 ...
... account ... 33,547 08 47,175 12 53,585 52 23,836 19 31,743 31 Totals ... $ 93,337,772 94 $ 94,619,986 83 ... Bills payable ... Totals . 2,996,639 87 $ 93,337,772 94 $ 94,619,986 83 $ 93,717,116 81 $ 92,330,276 13 $ 91,453,873 ...
Page 6
... account 45 70 $ 226,025 25 381,321 32 50 34 45 70 $ 259,596 37 $ 246,056 50 $ 253,662 99 378,732 74 402,161 26 410,226 ... Bills payable ... No. 171 . WALDBY AND CLAY'S STATE BANK , ADRIAN Totals .. $ 815,868 04 $ 733,522 81 $ 794,255 77 ...
... account 45 70 $ 226,025 25 381,321 32 50 34 45 70 $ 259,596 37 $ 246,056 50 $ 253,662 99 378,732 74 402,161 26 410,226 ... Bills payable ... No. 171 . WALDBY AND CLAY'S STATE BANK , ADRIAN Totals .. $ 815,868 04 $ 733,522 81 $ 794,255 77 ...
Page 7
... account .. 55 44 Totals .. $ 792,163 51 180 37 $ 802,355 24 $ 767,703 93 374 96 $ 796,043 17 207 80 $ 793,683 87 ... Bills payable .... No. 179 . ALBION STATE BANK , ALBION . Organized Totals .. $ 793,683 87 $ 792 , 163 51 $ 796,043 ...
... account .. 55 44 Totals .. $ 792,163 51 180 37 $ 802,355 24 $ 767,703 93 374 96 $ 796,043 17 207 80 $ 793,683 87 ... Bills payable .... No. 179 . ALBION STATE BANK , ALBION . Organized Totals .. $ 793,683 87 $ 792 , 163 51 $ 796,043 ...
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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 |