Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Page lxviii
... Capital stock paid in ... $ 7,254,559 10 $ 8,460,835 00 $ 9,522,420 00 Surplus fund ... 1,132,329 90 Gross undivided earnings .. 1,679,925 61 1,502,849 44 1,912,300 21 1,704,248 31 2,169,532 72 $ 11,109,827 59 2,124,487 81 $ 12,311,041 ...
... Capital stock paid in ... $ 7,254,559 10 $ 8,460,835 00 $ 9,522,420 00 Surplus fund ... 1,132,329 90 Gross undivided earnings .. 1,679,925 61 1,502,849 44 1,912,300 21 1,704,248 31 2,169,532 72 $ 11,109,827 59 2,124,487 81 $ 12,311,041 ...
Page lxix
... Capital stock paid in ... Surplus fund .... $ 12,010,200 00 $ 12,003,600 00 2,589,052 49 Gross undivided earnings .. 2,698,387 31 2,735,755 49 * 2,112,933 75 2,876,322 12 2,986,650 27 2,981,382 73 * 2,042,341 06 * 1,927,498 49 ...
... Capital stock paid in ... Surplus fund .... $ 12,010,200 00 $ 12,003,600 00 2,589,052 49 Gross undivided earnings .. 2,698,387 31 2,735,755 49 * 2,112,933 75 2,876,322 12 2,986,650 27 2,981,382 73 * 2,042,341 06 * 1,927,498 49 ...
Page lxx
... Capital stock paid in .. $ 12,262,100 00 $ 12,953,523 85 $ 14,035,880 00 Surplus fund ... 2,987,971 24 Undivided earnings net . 2,102,350 42 Dividends unpaid ... 11,914 42 Individual deposits . 24,522,326 97 3,762,660 91 2,932,193 32 ...
... Capital stock paid in .. $ 12,262,100 00 $ 12,953,523 85 $ 14,035,880 00 Surplus fund ... 2,987,971 24 Undivided earnings net . 2,102,350 42 Dividends unpaid ... 11,914 42 Individual deposits . 24,522,326 97 3,762,660 91 2,932,193 32 ...
Page lxxii
... Capital stock paid in ... Surplus fund ... $ 15,674,600 00 $ 15,539,600 00 $ 15,244,600 00 $ 15,034,000 00 $ 14,584,000 00 3,173,932 03 3,332,775 18 Gross undivided earnings .. 2,589,639 53 2,715,207 61 3,715,238 33 2,359,221 32 ...
... Capital stock paid in ... Surplus fund ... $ 15,674,600 00 $ 15,539,600 00 $ 15,244,600 00 $ 15,034,000 00 $ 14,584,000 00 3,173,932 03 3,332,775 18 Gross undivided earnings .. 2,589,639 53 2,715,207 61 3,715,238 33 2,359,221 32 ...
Page lxxxii
... Capital stock paid in ... . Surplus fund ... $ 1,250,000 00 710,000 00 Undivided profits . less expenses and taxes paid . 304,023 26 National bank notes outstanding ..... $ 2,100,000 00 920,000 00 452,748 66 1,999,000 00 $ 3,350,000 00 ...
... Capital stock paid in ... . Surplus fund ... $ 1,250,000 00 710,000 00 Undivided profits . less expenses and taxes paid . 304,023 26 National bank notes outstanding ..... $ 2,100,000 00 920,000 00 452,748 66 1,999,000 00 $ 3,350,000 00 ...
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Common terms and phrases
00 Furniture 00 Gold coin 00 Nickels 00 Other real 00 rent expenses 00 Savings department 00 Silver coin 00 Surplus fund 00 Undivided profits Assistant Cashier banks and bankers banks in reserve bonds to secure Capital stock paid Cashier's checks outstanding certificates of deposit Certified checks clearing house Commercial certificates Commercial department Savings Commercial deposits subject department Savings department 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 Report of June Report of Mar Report of Nov Report of Report Report of Sept reserve cities Reserved for taxes 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 xxxiii - 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 xli - ... 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 xxxiii - That the total liabilities to any association, 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 association actually paid in...
Page xxxvii - Federal reserve bank shall transact any business except such as is incidental and necessarily preliminary to its organization until it has been authorized by the Comptroller of the Currency to commence business under the provisions of this Act.
Page xxxix - Law in section 1 provides that any number of persons, not less than five, "may associate to establish offices of discount and deposit, to be known as commercial banks, and also to establish offices of loan and dejwsit to be known as savings banks, or to establish banks having departments for both classes of business,
Page xxxiv - ... per centum of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values.
Page xxxviii - 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 xlix - Neither the legislature nor any municipal authority shall grant or authorize extra compensation to any public officer, agent, employe or contractor after the service has been rendered or the contract entered into. Salaries of public officers, except circuit judges, shall not be increased, nor shall the salary of any public officer be decreased, after election or appointment.
Page lii - 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 xli - ... said bank and ascertain the facts, and in case he finds such impairment or reduction of capital, he shall require such bank to make good the deficiency so appearing within sixty days after the date of such requisition.
Bibliographic information
| Title | Annual Report of the Commissioner of the Banking Department of the State of Michigan |
| Author | Michigan. Banking Division |
| Contributor | Michigan. Banking Dept |
| Published | 1910 |
| Original from | the University of Michigan |
| Digitized | 27 Feb 2007 |
| Export Citation | BiBTeX EndNote RefMan |