TABLE OF CONTENTS. Abstracts, comparative, 1889 to 1906, inclusive, state banks.. comparative, 1889 to 1906, inclusive, national banks. total volume of business state and national banks, reports of 1906. state and national banks in Detroit.. state and national banks in Grand Rapids. state and national banks in Saginaw.. state and national banks in Bay City. state and national banks in Kalamazoo. state and national banks in Ann Arbor. state and national banks in Jackson... state and national banks in Port Huron. state and national banks in Marquette. state and national banks in Muskegon. state banks in Benton Harbor.. Banks examined and fees paid..... Capital stock, increase and decrease of . Extensions of corporate existence. Increase and decrease of capital stock. List of bank cashiers in Michigan.. Other amendments to articles of incorporation. Page. B STATE BANKING DEPARTMENT REPORT OF THE COMMISSIONER STATE OF MICHIGAN, Banking Department, Lansing, December 31, 1906. To the Honorable Fred M. Warner, Governor of Michigan: I have the honor to submit the eighteenth annual report of this department in compliance with the provisions of section 43 of the General Banking Law of Michigan, as follows: At the date of this report, there are three hundred and two State banks, six trust companies and one society for savings under the supervision of this department. In the statistics following the number of banks is given at 301 State banks. This is caused by one bank commencing business subsequent to November 12, the date of the last call for report of condition. Statements showing the financial condition of all State banks and trust companies, as called for by this department four times during the year, and in addition thereto reports of the financial condition of the eighty-eight national banks of the State, are appended; as are also abstracts of the yearly reports for the past eighteen years, which show the progress and increasing wealth of the State. B NEW BANKS AND TRUST COMPANIES. Twenty-three State banks and one trust company have been organized during the year, as follows: In compliance with section 10 of the banking law, the following banks have amended their articles of incorporation with reference to capital stock: The People's Bank, of Leslie, $50,000 to $25,000. In this direction capital stock has been increased $131,000. The increase in capital caused by the organization of new banks and trust companies during the year amounts to $1,100,000, constituting a total in(rease in capital stock for the year 1906 of $1,531,000. CONSOLIDATIONS. Conforming to the provisions of section 54 of the banking law, the Delray Savings Bank, Delray, by vote of its stockholders, has been con. |
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