Annual Report of the Commissioner of the Banking Department of the State of Michigan |
From inside the book
Results 6-10 of 75
Page 72
... discounts .. Stocks , bonds and mortgages . $ 139,823 40 17,511 78 Overdrafts .. 347 23 Due from banks in reserve ... re - discounted . Bills payable .. No. 27 . FARMERS ' BANK OF GRASS LAKE , Totals $ 350,328 24 $ 403,611 28 ...
... discounts .. Stocks , bonds and mortgages . $ 139,823 40 17,511 78 Overdrafts .. 347 23 Due from banks in reserve ... re - discounted . Bills payable .. No. 27 . FARMERS ' BANK OF GRASS LAKE , Totals $ 350,328 24 $ 403,611 28 ...
Page 89
... discounts $ 58,951 84 $ 87,553 42 Stocks , bonds and mortgages . 2,438 67 11,338 67 Overdrafts .... 1,893 78 4,575 54 ... re - discounted . Bills payable 12 No. 1 . KALAMAZOO SAVINGS BANK , KALAMAZOO . Organized Totals $ 145,023 18 ...
... discounts $ 58,951 84 $ 87,553 42 Stocks , bonds and mortgages . 2,438 67 11,338 67 Overdrafts .... 1,893 78 4,575 54 ... re - discounted . Bills payable 12 No. 1 . KALAMAZOO SAVINGS BANK , KALAMAZOO . Organized Totals $ 145,023 18 ...
Page 107
... bills re - discounted . Bills payable ...... 16 14 13,000 00 11,000 00 9,745 77 4,000 00 No. 97 . MIDLAND COUNTY SAVINGS BANK , MIDLAND . Totals $ 101,701 50 $ 100,739 29 $ 88,603 89 $ 93,081 56 THE BANKING DEPARTMENT . 107.
... bills re - discounted . Bills payable ...... 16 14 13,000 00 11,000 00 9,745 77 4,000 00 No. 97 . MIDLAND COUNTY SAVINGS BANK , MIDLAND . Totals $ 101,701 50 $ 100,739 29 $ 88,603 89 $ 93,081 56 THE BANKING DEPARTMENT . 107.
Page 110
... discounts .. $ 51,086 68 $ 49,667 64 Stocks , bonds and mortgages . Overdrafts 10,910 00 10,913 29 $ 16,799 59 ... re - discounted . Bills payable .... No. 51 . MOUNT CLEMENS SAVINGS BANK , MOUNT CLEMENS Totals $ 82,593 75 $ 73,697 ...
... discounts .. $ 51,086 68 $ 49,667 64 Stocks , bonds and mortgages . Overdrafts 10,910 00 10,913 29 $ 16,799 59 ... re - discounted . Bills payable .... No. 51 . MOUNT CLEMENS SAVINGS BANK , MOUNT CLEMENS Totals $ 82,593 75 $ 73,697 ...
Page 113
... discounts .. $ 13,478 14 $ 14,163 89 $ 15,795 57 $ 25,702 88 Stocks , bonds and mortgages . 72,909 02 75,615 29 ... re - discounted . Bills payable . 15 No. 60 . MUSKEGON SAVINGS BANK , MUSKEGON . Organized Totals . $ 111,074 33 ...
... discounts .. $ 13,478 14 $ 14,163 89 $ 15,795 57 $ 25,702 88 Stocks , bonds and mortgages . 72,909 02 75,615 29 ... re - discounted . Bills payable . 15 No. 60 . MUSKEGON SAVINGS BANK , MUSKEGON . Organized Totals . $ 111,074 33 ...
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Common terms and phrases
00 Silver coin 00 Surplus fund 00 Totals 00 Undivided profits approved reserve agents bank notes outstanding bankers Notes Banking house furniture banks and bankers banks in reserve bills re-discounted Bills bonds and mortgages bonds on hand Capital stock paid Cashier Cashier's checks outstanding cent redemption fund Certificates of deposit Checks and cash checks outstanding Due Deposit of U. S. Due from approved Due from banks Due from U. S. Due to banks estate and mortgages Exchanges for clearing expenses and taxes Fractional paper currency Furniture and fixtures Gold coin July 9 Legal tender notes Loans and discounts national bank notes national banks Due nickels and cents Nickels and pennies Notes and bills Premiums on U. S. re-discounted Bills payable Report of Dec Report of July Report of Sept reserve cities Resources Savings deposits subject to check U. S. and national U. S. disbursing officers United States deposit Vice President
Popular passages
Page 15 - 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 14 - ... with a view to prevent the application of its assets in the manner prescribed by this act, or with a view to the preference of one creditor to another except in payment of its circulating notes, shall be utterly null and void.
Page 11 - He may also employ from time to time such cicrks. «lerks to assist him and his deputy in the discharge of the several duties imposed upon them by this act as he shall find necessary. The salary of the Commissioner shall be two thousand five hundred dollars per annum.
Page 7 - Such reports shall exhibit in detail, and under appropriate heads, the resources, assets and liabilities of the bank at the close of business of any past day by him specified...
Page 16 - ... 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 10 - The powers, privileges, duties and restrictions conferred and imposed upon any bank existing and doing business under the laws of this State are hereby abridged, enlarged or modified, as each particular case may require to conform to the provisions of this act, and to such amendments as may be made thereto.
Page 3 - ... and such stock shall be sold as the directors may order, within six months from the time of such forfeiture, and if not sold it shall be canceled and deducted from the capital stock of the association.
Page 16 - ... and sell all the real and personal property of such bank on such terms as the court shall direct, and may, if necessary to pay the debts of such bank, enforce all individual liability of the stockholders.
Page 16 - All real estate owned by any bank may be taxed as other real estate in the city, village or township where the same may be situated, and the residue of its capital and surplus shall be taxed as personal property, but the assessment thereof for taxation shall not be at a greater rate than is assessed on money capital in the hands of individual citizens in the same city, village or township.
Page 11 - Commissioner shall take and subscribe the oath of office prescribed by the constitution, and file the same in the office of the Secretary of State...