Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page xii
... October 31 , dropping to 18.75 per cent . The commercial legal reserve ... reports of condition of state banks have shown low reserves , or other ... Oct. 3,1914 Gobleville 20,000 00 Nov. 28,1914 Ewen . 20,000 00 Dec. 1,1914 ...
... October 31 , dropping to 18.75 per cent . The commercial legal reserve ... reports of condition of state banks have shown low reserves , or other ... Oct. 3,1914 Gobleville 20,000 00 Nov. 28,1914 Ewen . 20,000 00 Dec. 1,1914 ...
Page xiv
... Oct. 21 , 1913 . 461 State banks , 6 trust companies , Oct. 31 , 1914 . Loans ...... Real estate , furniture and fixtures Cash . $ 30,815,697 13 534,411 76 7,550,661 99 $ 320,730,991 57 9,316,240 05 65,257,302 19 $ 343,118,455 21 ...
... Oct. 21 , 1913 . 461 State banks , 6 trust companies , Oct. 31 , 1914 . Loans ...... Real estate , furniture and fixtures Cash . $ 30,815,697 13 534,411 76 7,550,661 99 $ 320,730,991 57 9,316,240 05 65,257,302 19 $ 343,118,455 21 ...
Page xviii
... Oct. 31 , 1914 ... 223,862,333 73 232,524,447 75 112,446,730 43 155,216,748 22 83,625,600 98 | 40,856,583 19 An analysis of the above shows conclusively that the commercial needs of the state have not been restricted on account of the ...
... Oct. 31 , 1914 ... 223,862,333 73 232,524,447 75 112,446,730 43 155,216,748 22 83,625,600 98 | 40,856,583 19 An analysis of the above shows conclusively that the commercial needs of the state have not been restricted on account of the ...
Page lxxxii
... Oct. 26 ... 25 00 420 State Bank of Augusta . Augusta . Jan. 31 ... June 10 .... 25 00 236 State Bank of Frank W. Hubbard & Co. Bad Axe . Mar. 16 .... June 22 .... 50 88 237 State Savings Bank of Bad Axe ... Bad Axe . Mar. 16 .... June ...
... Oct. 26 ... 25 00 420 State Bank of Augusta . Augusta . Jan. 31 ... June 10 .... 25 00 236 State Bank of Frank W. Hubbard & Co. Bad Axe . Mar. 16 .... June 22 .... 50 88 237 State Savings Bank of Bad Axe ... Bad Axe . Mar. 16 .... June ...
Page lxxxiii
... Oct. 5 .. 25 00 548 Bellevue State Bank Bellevue . Oct. 1 .... Dec. 18 . 25 00 219 Benton Harbor State Bank Benton ... REPORT OF THE COMMISSIONER . Ixxxiii 1.
... Oct. 5 .. 25 00 548 Bellevue State Bank Bellevue . Oct. 1 .... Dec. 18 . 25 00 219 Benton Harbor State Bank Benton ... REPORT OF THE COMMISSIONER . Ixxxiii 1.
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Common terms and phrases
00 Furniture 00 Gold coin 00 Nickels 00 Other real 00 Savings department 00 Silver coin 00 Surplus fund 00 Undivided profits Assistant Cashier Banking house banks and bankers banks in reserve bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks clearing house Commercial certificates Commercial deposits subject deposit Reserve Due from banks Due to banks exceeding earnings Exchanges for clearing Furniture and fixtures interest and taxes Items in transit June 30 less losses Liabilities Loans and discounts monies on deposit mortgages and securities National bank currency Nickels and cents Notes and bills Overdrafts Postal savings deposits real estate rent expenses Report of Jan Report of Oct Report of Report Report of Sept reserve cities Reserve for taxes Resources Savings certificates secure U. S. deposits subject to check taxes paid U. S. and National U. S. treasurer United States bonds Vice President
Popular passages
Page xxviii - 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 xxxiii - Banking may apply to any court of competent jurisdiction for the appointment of a receiver to wind up the affairs of such...
Page xlvii - No bank or bank officer shall give preference to any depositor or creditor by pledging the assets of the bank as collateral security...
Page lxxvii - A person placing his signature upon an instrument otherwise than as maker, drawer or acceptor is deemed to be an indorser, unless he clearly indicates by appropriate words his intention to be bound in some other capacity.
Page lxxvii - Every negotiable instrument is deemed prima facie to have been issued for a valuable consideration; and every person whose signature appears thereon to have become a party thereto for value.
Page lxxiv - First. Such as shall be necessary for its immediate accommodation in the transaction of its business. Second. Such as shall be mortgaged to it in good faith by way of security for debts previously contracted. Third. Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Page xlvii - Territories thereof; but five per centum of such funds shall be withdrawn by the board of trustees and kept with the Treasurer of the United States, who shall be treasurer of the board of trustees, in lawful money as a reserve.
Page lxiii - Any vacancy in the board of directors shall be filled by the board, and the directors so appointed shall hold office until the next election.
Page lvii - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt...
Page lxxvii - primarily" liable on an instrument is the person who by the terms of the instrument is absolutely required to pay the same. All other parties are "secondarily