Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page 1
... December 31 , 1894 . TO HON . JOHN T. RICH , Governor of Michigan : As required by section 43 of the State banking law , I have the honor to submit for your consideration , my sixth annual report of this department . Although the year ...
... December 31 , 1894 . TO HON . JOHN T. RICH , Governor of Michigan : As required by section 43 of the State banking law , I have the honor to submit for your consideration , my sixth annual report of this department . Although the year ...
Page 2
... December 19 , 1894 , $ 34,718,215.02 , making the gain $ 2,527,339.02 . For a more complete statement you are referred to pages 12 and 13 of this report . NEW BANKS . On account of the disturbed condition of trade , which calls for less ...
... December 19 , 1894 , $ 34,718,215.02 , making the gain $ 2,527,339.02 . For a more complete statement you are referred to pages 12 and 13 of this report . NEW BANKS . On account of the disturbed condition of trade , which calls for less ...
Page 7
... December 31 , were $ 9,342.02 , viz .: Salary of T. C. Sherwood ... report , I desire to acknowledge the faithful and efficient services of Mr ... reports have been received during the year . Following the reports of the state ...
... December 31 , were $ 9,342.02 , viz .: Salary of T. C. Sherwood ... report , I desire to acknowledge the faithful and efficient services of Mr ... reports have been received during the year . Following the reports of the state ...
Page 9
... reports being called for on past days unknown to the bank officer , viz .: May 4 , July 18 , October 2 , and December 19 , 1894. For reports of individual State banks see succeeding pages . Resources . May 4 , 160 banks , 3 trust ...
... reports being called for on past days unknown to the bank officer , viz .: May 4 , July 18 , October 2 , and December 19 , 1894. For reports of individual State banks see succeeding pages . Resources . May 4 , 160 banks , 3 trust ...
Page 10
... Report of July 18 , 96 banks . $ 41,807,022 62 158,853 95 4,688,000 00 Report of Oct. 2 , 96 banks . $ 43,024,439 31 177,380 23 4,688,000 00 400,000 00 56,450 00 Report of Dec. 19 , 96 banks . $ 43,083,288 41 191,899 31 4,670,500 00 ...
... Report of July 18 , 96 banks . $ 41,807,022 62 158,853 95 4,688,000 00 Report of Oct. 2 , 96 banks . $ 43,024,439 31 177,380 23 4,688,000 00 400,000 00 56,450 00 Report of Dec. 19 , 96 banks . $ 43,083,288 41 191,899 31 4,670,500 00 ...
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Common terms and phrases
00 Fractional paper 00 Gross undivided 00 Other real 00 Silver coin 00 Surplus fund 00 Totals banks and bankers banks in reserve banks not reserve Bills payable Liabilities bonds and mortgages bonds to secure Capital stock paid Cashier's checks outstanding certificates of deposit Certified checks Cashier's Checks and cash checks Cashier's checks checks outstanding Due Commercial deposits subject Deposits of U. S. Due from approved Due from banks Due from U. S. Due to banks Exchanges for clearing expenses and taxes fund with U. S. Furniture and fixtures Gross undivided earnings Individual deposits subject July 18 Loans and discounts national bank notes Nickels and cents Notes and bills Overdrafts Premiums on U. S. Report of Dec Report of July Report of Oct reserve cities Savings deposits secure U. S. deposits subject to check taxes paid U. S. and national U. S. disbursing officers U. S. treasurer Undivided profits less
Popular passages
Page 27 - No law shall embrace more than one object, which shall be expressed in its title...
Page 21 - ... on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders.
Page 21 - From time to time, after full provision has been first made for refunding to the United States any deficiency in redeeming the notes of such association, the Comptroller shall make a ratable dividend of the money so paid over to him by such receiver on all such claims as may have been proved to his satisfaction or adjudicated in a court of competent jurisdiction...
Page 21 - ... issues or puts forth any certificate of deposit, draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report...
Page 20 - Whenever a vote is taken to go into liquidation it shall be the duty of the board of directors to cause notice of this fact to be certified, under the seal of the...
Page 6 - Third. To make contracts. Fourth. To sue and be sued, complain and defend, in any court of law or equity.
Page 19 - The stockholders of every bank shall be individually liable, equally and ratably, and not one for another, for the benefit of the depositors in said bank to the amount of their stock at the par value thereof, in addition to the said stock...
Page 13 - ... shall not increase its liabilities by making any new loans or discounts otherwise than by discounting or purchasing bills of exchange payable at sight, nor make any dividend of its profits...
Page 20 - Copies of the organization certificate of any national banking association, duly certified by the Comptroller of the Currency and authenticated by his seal of office, shall be evidence in all courts and places within the jurisdiction of the United States of the existence of the association and of every matter which could be proved by the production of the original certificate.
Page 21 - ... paid over to him, shall make further dividends on all claims previously proved or adjudicated; and the remainder of the proceeds, if any, shall be paid over to the shareholders of such association, or their legal representatives, in proportion to the stock by them respectively held.