Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page xlviii
... Bonds , mortgages and securities .. 87,116,495 53 Premiums paid on bonds ... 112,519 74 $ 101,246,206 59 88,497,456 92 119,485 93 $ 99,811,238 41 90,720,397 43 $ 99,104,274 09 $ 98,397,163 38 93,014,057 33 94,827,481 97 109,589 74 ...
... Bonds , mortgages and securities .. 87,116,495 53 Premiums paid on bonds ... 112,519 74 $ 101,246,206 59 88,497,456 92 119,485 93 $ 99,811,238 41 90,720,397 43 $ 99,104,274 09 $ 98,397,163 38 93,014,057 33 94,827,481 97 109,589 74 ...
Page xlix
... bonds to secure circulation ..... U. S. bonds to secure U. S. deposits ... Other bonds to secure U. S. deposits ... paid in .. Surplus fund .. $ 14,590,000 00 $ 14,755,000 00 5,604,212 89 5,730,694 78 $ 15,010,000 00 6,056,150 00 ...
... bonds to secure circulation ..... U. S. bonds to secure U. S. deposits ... Other bonds to secure U. S. deposits ... paid in .. Surplus fund .. $ 14,590,000 00 $ 14,755,000 00 5,604,212 89 5,730,694 78 $ 15,010,000 00 6,056,150 00 ...
Page l
... bonds and mortgages .. Overdrafts ..... 95,440,285 35 491,103 47 $ 184,956,327 15 96,944,699 81 476,206 23 ... paid .. 629,020 00 683,540 00 768,840 00 774,640 00 767,020 00 300,579 28 308,911 49 330,877 04 339,302 41 346,544 16 Banking ...
... bonds and mortgages .. Overdrafts ..... 95,440,285 35 491,103 47 $ 184,956,327 15 96,944,699 81 476,206 23 ... paid .. 629,020 00 683,540 00 768,840 00 774,640 00 767,020 00 300,579 28 308,911 49 330,877 04 339,302 41 346,544 16 Banking ...
Page lii
... bonds to secure circulation .... U. S. bonds to secure U. S. deposits ... Other bonds to secure U. S. deposits ... paid in .. $ 4,900,000 00 $ 4,900,000 00 Surplus fund .. 1,500,000 00 1,500,000 00 taxes paid .. Undivided profits less ...
... bonds to secure circulation .... U. S. bonds to secure U. S. deposits ... Other bonds to secure U. S. deposits ... paid in .. $ 4,900,000 00 $ 4,900,000 00 Surplus fund .. 1,500,000 00 1,500,000 00 taxes paid .. Undivided profits less ...
Page liii
... bonds and mortgages .... Overdrafts .. 40,749,682 77 23,320 16 $ 58 , 485,038 93 41,078,531 62 10,045 70 ... paid ..... 63,252 95 62,094 25 92,304 45 98,109 69 Banking house , furniture and fixtures . 1,348,925 07 Other real estate ...
... bonds and mortgages .... Overdrafts .. 40,749,682 77 23,320 16 $ 58 , 485,038 93 41,078,531 62 10,045 70 ... paid ..... 63,252 95 62,094 25 92,304 45 98,109 69 Banking house , furniture and fixtures . 1,348,925 07 Other real estate ...
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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 |