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" ... notes, bills or other evidences of debt, the payment of which is secured by the deposit with the bank, of collateral security consisting of personal property or securities of known marketable value, worth ten per cent more than the amount so loaned... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lviii
by Michigan. Banking Division - 1913
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Public and Local Acts of the Legislature of the State of Michigan

Michigan - 1913 - 938 pages
...upon Notes secured iinencmnltercd real estate worth at least double the amount on rS'estate. loaned: the remainder of such deposits may be invested in...bills or other evidences of debt, the payment of which Notes, etc., is secured by the deposit with the bank, of collateral se- Security* curity consisting...
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Public Acts of the Legislature of the State of Michigan

Michigan - 1913 - 940 pages
...ten per cent more than the amount fo loaned and interest for the time of the loan; or may be 1"vested in notes, bills or other evidences of debt, the payment of which is secured by such property or securities dePiwiterl in a trust company organized under the laws of this ''ale; or...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1914 - 744 pages
...bonds secured by mortgage Hen upon unencumbered real estate worth at least double the amount loaned; the remainder of such deposits may be invested in...amount so loaned and interest for the time of the loan ; or may be invested in notes, bills or other evidence of debt the payment of which is secured by such...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1915 - 780 pages
...bonds secured by mortgage Hen upon unincumbered real estate worth at least double the amount loaned; the remainder of such deposits may be invested in...evidences of debt the payment of which is secured by deposit with the bank of collateral security consisting of personal property or securities of known...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1916 - 798 pages
...quoted unless it can be said that such "notes or bonds secured by mortgage lien," are also Included in "notes, bills or other evidences of debt the payment of which is secured by deposit with the hank of collateral security consisting of personal property or securities of known...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1919 - 864 pages
...quoted unless it can be said that such "notes or bonds secured by mortgage lien." arc also included in "notes, bills or other evidences of debt the payment of which is secured by deposit with the bank of collateral security consisting of personal property or securities of known...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. Banking Division - 1920 - 840 pages
...Section 'il of the General IVuiking 1/aw, which read* as follows : "The remainder of such deposite may be Invested in notes, bills or other evidences of debt, the payment of which le secured by the deposit with the bank of collateral security consisting of personal property or securities...
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Public Acts of the Legislature of the State of Michigan

Michigan - 1925 - 888 pages
...value worth ten per cent more than the amount so loaned and interest for the time of the loan ; or may be invested in notes, bills or other evidences of debt, the payment of which is secured by such property or securities deposited in a trust company organized under the laws of this state ; or...
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Public and Local Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1927 - 1388 pages
...deposit may be invested in ¿ tc notes, bills, or other evidences of debt, the payment of which ‘ e is secured by the deposit with the bank of collateral...amount so loaned, and interest for the time of the loan ; or may be invested in notes, bills or other evidences o¿ deb't, the payment of which is secured...
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Trust Companies, Volume 11

1910 - 514 pages
...law of Michigan provides that Michigan savings banks may invest a certain portion of their deposits "in notes, bills or other evidences of debt, the payment of which is secured by such property or securities deposited in a collateral deposit company organized under the laws of this...
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