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" 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. "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page xxix
by Michigan. Banking Division - 1909
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Annual Report of the Commissioner of the Banking Department of ..., Volume 25

Michigan. State Banking Department - 1914 - 748 pages
...this act: Provided, however. That by a two-thirds vote of the directors the liabilities to any bank of any person, or company, or corporation, or firm...exceeding one-fifth of the capital and surplus of the bank." It is evident that this limitation was borrowed from the National Banking Law, section 5200...
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Documents Accompanying the Journal of the House, Part 1

Michigan. Legislature - 1891 - 1144 pages
...Proric'cd, further, That by a Further pro two-thirds vote of the directors the liabilities of any bank or any person or company or corporation or firm, may...exceeding one-fifth of the capital and surplus of the bank. SEC. 53. Any bank organized under the provisions of this Proceedings act may go into liquidation...
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Public Acts and Joint and Concurrent Resolutions of the Legislature of the ...

Michigan - 1891 - 486 pages
...further, That by a two-thirds i- miner pr-wi*. vote of the directors the liabilities of any bank or any person or company or corporation or firm, may...exceeding one-fifth of the capital and surplus of the bank. This act is ordered to take immediate effect. Approved February 2fi. 1891. [ No. 11. | AN ACT...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1892 - 330 pages
...Provided, further, That by a Further two-thirds vote of the directors the liabilities of any bank or any person or company or corporation or firm, may...exceeding one-fifth of the capital and surplus of the bank. Commissioner of the Banking Department certified by him, and copi™ or certain, authenticated...
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Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1899 - 704 pages
...Provided Further hoverer. That by a two-thirds vote of the directors the liabili- l'° ties of any bank of any person or company or corporation or firm may...exceeding one-fifth of the capital and surplus of the bank: Provided further, That be- Proviso *8 to fore any bank, under the supervision of the laws of...
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Annual Report of the Attorney General of the State of Michigan

Michigan. Department of Attorney General - 1903 - 172 pages
...this act. Provided however, That by a twothinii-' vote of the directors the liabilities of any bank of any person or company or corporation or firm may...exceeding one-fifth of the capital and surplus of the bank." It is evident that this limitation was borrowed from the National Banking Law, Section 5200...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1904 - 422 pages
...by this act. Provided however, That by a twothirds vote of the directors the liabilities of any bank of any person or company or corporation or firm may...exceeding one-fifth of the capital and surplus of the bank." It is evident that this limitation was borrowed from the National Banking Law. section 5200...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1905 - 448 pages
...directors the liahilities of any hank of any person or company or corporation or firm may he inereased to a sum not exceeding one-fifth of the capital and surplus of the bank." It is evident that this limitation was horrowed from the National Banking Law, section 5200...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1906 - 500 pages
...the directors the liahilities of any hank of any person, or company, or corporation, or firm may he increased to a sum not exceeding one-fifth of the...section 5200 of the Revised Statutes of the United States, providing as follows: ''The total liahilities to any association, or any person, or of any...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1906 - 474 pages
...directors the liabilities of any bank of any person or company or corporation or firm may be inereased to a sum not exceeding one-fifth of the capital and surplus of the bank." It is evident that tbis limitation was borrowed from the National Banking Law, section 5290...
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