Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page 4
... banks and bankers ( not reserve cities ) .. Items in transit ... 3,803 83 4,813 09 1,445 87 3,271 59 13,297 94 United States bonds .. Due from banks in reserve cities . 127,416 75 111,260 74 136,298 56 113,940 02 80,140 79 Exchanges for ...
... banks and bankers ( not reserve cities ) .. Items in transit ... 3,803 83 4,813 09 1,445 87 3,271 59 13,297 94 United States bonds .. Due from banks in reserve cities . 127,416 75 111,260 74 136,298 56 113,940 02 80,140 79 Exchanges for ...
Page 5
... Banking house .. 22 59 12,000 00 3,692 49 12,000 00 277 68 12,000 00 130 10 12,000 00 2,869 30 12,000 00 Furniture and fixtures .. Other real estate . Due from other banks and bankers ( not reserve cities ) .. 4,538 81 Items in transit ...
... Banking house .. 22 59 12,000 00 3,692 49 12,000 00 277 68 12,000 00 130 10 12,000 00 2,869 30 12,000 00 Furniture and fixtures .. Other real estate . Due from other banks and bankers ( not reserve cities ) .. 4,538 81 Items in transit ...
Page 7
... Banking house .. Furniture and fixtures . 130 41 18,000 00 39 47 18,000 00 3 66 18,000 00 3 01 18,000 00 28 91 18,000 00 800 00 Other real estate . Due from other banks and bankers ! ( not reserve cities ) .. 3,724 61 1,419 06 745 12 ...
... Banking house .. Furniture and fixtures . 130 41 18,000 00 39 47 18,000 00 3 66 18,000 00 3 01 18,000 00 28 91 18,000 00 800 00 Other real estate . Due from other banks and bankers ! ( not reserve cities ) .. 3,724 61 1,419 06 745 12 ...
Page 13
... Banking house .. 7,500 00 7,500 00 7,500 00 Furniture and fixtures .. 500 00 500 00 500 00 2,853 22 7,500 00 500 00 142 46 7,500 00 500 00 Other real estate .. Due from other banks and bankers ( not reserve cities ) .. Items in transit ...
... Banking house .. 7,500 00 7,500 00 7,500 00 Furniture and fixtures .. 500 00 500 00 500 00 2,853 22 7,500 00 500 00 142 46 7,500 00 500 00 Other real estate .. Due from other banks and bankers ( not reserve cities ) .. Items in transit ...
Page 19
... Banking house .. 25,000 00 497 65 25,000 00 347 45 25,000 00 175 41 25,000 00 269 27 25,000 00 Furniture and fixtures . 7,000 00 7,000 00 7,000 00 7,000 00 7,000 00 Other real estate .. Due from other banks and bankers ( not reserve ...
... Banking house .. 25,000 00 497 65 25,000 00 347 45 25,000 00 175 41 25,000 00 269 27 25,000 00 Furniture and fixtures . 7,000 00 7,000 00 7,000 00 7,000 00 7,000 00 Other real estate .. Due from other banks and bankers ( not reserve ...
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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 April 28 Assistant Cashier bankers not reserve banks and bankers banks in reserve bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks Checks and cash clearing house Commercial certificates Commercial deposits subject Dividends unpaid Due from banks Due to banks Exchanges for clearing Furniture and fixtures interest and taxes Items in transit June 23 less current ex Liabilities Loans and discounts mortgages and securities National bank currency Nickels and cents Notes and bills Overdrafts paid on bonds real estate Report of April Report of Feb Report of June Report of Nov Report of Report Report of Sept 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 xxix - ... such bank ; 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 : Provided...
Page xxxvii - 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 xliv - Any man is a public officer who hath any duty concerning the public, and he is not the less a public officer where his authority is confined to narrow limits; for it is the duty of his office and the nature of that duty which make him an officer, and not the extent of his authority.
Page xxix - Lansing, Mich., May 23, 1903. Hon. George W. Moore, Commissioner of Banking, 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 bank loan to any person, or company, or corporation, or firm, by a two-thirds vote of its board of directors?
Page xxix - That by a two-thirds vote of the directors the liabilities to any bank of any person, or company, or corporation, or firm may be increased to a sum not exceeding one-fifth of the capital and surplus of the bank.
Page xliv - The right, authority and duty, created and conferred by law, by which for a given period, either fixed by law or enduring at the pleasure of the creating power, an individual is invested with some portion of the sovereign functions of the government, to be exercised by him for the benefit, of the public.
Page xxxiii - ... for in the manner indicated. It is sufficient to say that it does not conform to the requirements of the General Ranking Law. Respectfully yours. JNO. E. BIRD. Attorney General. CERTIFICATES OP INDEBTEDNESS AS LEGAL INVESTMENTS. Lansing, Michigan, October 23, 1907. Hon. HM Zimniermann, Commissioner of the Banking Department, "Capitol," Lansing, Michigan : My Dear Sir — I am in receipt of your communication of the 16th inst.
Page xxxiv - 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. 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...
Page xxx - In Vol. 29 of the Amer. & Eng. Ency. of Law, 2nd ed. p. 382, we find the following with respect to the limitation found in the National Banking Law: °The object of this provision of the statute was to guard National banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount the discount of paper used and required in facilitating the transfer of property and money in the transaction of the legitimate business of the country.
Page xxix - The total liabilities to any bank or banking institution, 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 bank or banking institution actually paid in.