Wendell's History of Banking & Banks & Bankers of Michigan: A Concise History of Banking Operations from the Earliest Time to the Present, with Detailed Accounts of Michigan Banking History & Law, & Sketches of Leading Banks & Bankers of the State as They are at the Opening of the Twentieth Century ...Winn & Hammond, 1902 |
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Page 41
... dividends shall be retained and applied on such liabilities , and no stock shall be transferred without the con- sent of the majority of the Directors , while such indebtedness con tinues . Section 8. Real estate may be held for the ...
... dividends shall be retained and applied on such liabilities , and no stock shall be transferred without the con- sent of the majority of the Directors , while such indebtedness con tinues . Section 8. Real estate may be held for the ...
Page 61
... dividends of not less than four per cent each fiscal year on all its issues of capital stock for the ten years next preceding such investment , and that such capital stock shall equal or exceed in amount one - third of the par value of ...
... dividends of not less than four per cent each fiscal year on all its issues of capital stock for the ten years next preceding such investment , and that such capital stock shall equal or exceed in amount one - third of the par value of ...
Page 145
... dividends ever since July 1 , 1885 , having distributed in all to its stockholders , since its organization , $ 80,000 in dividends . The first President of the bank was Alexander Folsom ; upon his death in 1889 , he was succeeded by ...
... dividends ever since July 1 , 1885 , having distributed in all to its stockholders , since its organization , $ 80,000 in dividends . The first President of the bank was Alexander Folsom ; upon his death in 1889 , he was succeeded by ...
Contents
THE WILDCAT BANKS 1330 | 13 |
FOUNDATION OF THE MODERN SYSTEM 3143 | 31 |
THE GENERAL BANKING LAW OF 1888 4465 | 44 |
41 other sections not shown
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active Adrian affairs amount appointed Assistant Cashier association banking business Banking Department banks and bankers Bay City became bonds born capital stock cent certificates of deposit Charles charter CHIG City Bank clerk commenced business Commissioner corporation County Savings Bank December 13 Detroit dividends dollars East Saginaw elected Exchange Bank farm firm George George L Grand Rapids held Hillsdale incorporated increased institution interest Ionia Jackson January John July Kalamazoo Kent County Legislature Lenawee County liabilities Loans and discounts Macomb County Marquette MICHI MICHIG UNIVE Michigan mortgages Muskegon National Bank paid panic Pontiac Port Huron position present officers President private bank prosperous railroad real estate reorganized RSITY Savings Bank savings deposits Section securities SITY UNIVE statements stockholders surplus and undivided tion total resources Treasurer Trust Company undivided profits UNIV CHIG UNIV SITY UNIV UNIV UNIVE MICHIG Vice-President Webber William Ypsilanti