Annual Report |
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Página x
Michigan. Banking Division. NEW BANKS AND TRUST COMPANIES . Twenty - three State banks and one trust company have been organized during the year , as follows : No. Title . Location . Commenced business . Capital .
Michigan. Banking Division. NEW BANKS AND TRUST COMPANIES . Twenty - three State banks and one trust company have been organized during the year , as follows : No. Title . Location . Commenced business . Capital .
Página xiii
Michigan. Banking Division. Liability to depositors at date of suspension , June 14 , 1897 . Other liabilities $ 88,703 19 14,141 30 Total $ 102,844 49 Total assets at date of , and received since suspension .
Michigan. Banking Division. Liability to depositors at date of suspension , June 14 , 1897 . Other liabilities $ 88,703 19 14,141 30 Total $ 102,844 49 Total assets at date of , and received since suspension .
Página xvii
Michigan. Banking Division. the General Banking Law , and if such a transaction should be permitted , it would indirectly defeat the very purpose for which this limitation was imposed . In determining the questions submitted by you ...
Michigan. Banking Division. the General Banking Law , and if such a transaction should be permitted , it would indirectly defeat the very purpose for which this limitation was imposed . In determining the questions submitted by you ...
Página xx
Comparative abstracts , giving the volume of business as shown by the last reports of Michigan State banks called for in the years 1889 , 1890 , 1891 , 1892 , 1893 , 1894 , 1895 , 1896 , 1897 , 1898 , 1899 , 1900 , 1901 , 1902 , 1903 ...
Comparative abstracts , giving the volume of business as shown by the last reports of Michigan State banks called for in the years 1889 , 1890 , 1891 , 1892 , 1893 , 1894 , 1895 , 1896 , 1897 , 1898 , 1899 , 1900 , 1901 , 1902 , 1903 ...
Página xxvi
Michigan. Banking Division. $ 47,581,061 50 11,652,043 11 194,788 80 8,671,815 91 3,647,971 66 1,003,999 44 1,060,810 20 6,151,557 96 242,948 86 453,937 69 $ 11,440,000 00 3,157,388 20 1,563,841 93 1,354,864 72 9,738,696 81 4,250 ...
Michigan. Banking Division. $ 47,581,061 50 11,652,043 11 194,788 80 8,671,815 91 3,647,971 66 1,003,999 44 1,060,810 20 6,151,557 96 242,948 86 453,937 69 $ 11,440,000 00 3,157,388 20 1,563,841 93 1,354,864 72 9,738,696 81 4,250 ...
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00 Gold coin 00 Loans 00 Silver coin Assistant Cashier bankers not reserve Banking house banks and bankers banks in reserve Bills payable bills rediscounted bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks Charles clearing house Commercial certificates Commercial deposits subject Dividends unpaid Due from banks Due to banks Exchanges for clearing Frank Furniture and fixtures interest and taxes internal revenue account items and internal Items in transit James John June 18 less current expenses Liabilities Loans and discounts MICHIGAN mortgages and securities National bank currency National bank notes Nickels and cents Notes and bills Overdrafts paid on bonds Premiums paid real estate Redemption fund Report of April Report of Jan Report of Sept reserve cities Resources Savings certificates Savings deposits subject to check Surplus fund taxes paid U. S. and National U. S. treasurer United States bonds Vice President
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Página xv - ... such bank ; 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 : Provided...
Página xv - 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.
Página xvii - Drafts may be bona fide bills of exchange drawn upon actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are drawn against property previously consigned and existing either in its original form or in the shape of proceeds of sales in the hands of the consignees.
Página 372 - Liabilities. Capital stock paid in .... Surplus fund Undivided profits less expenses and taxes paid . . . National bank notes outstanding. . Due to ol her National banks . . Due to State banks and bankers Individual deposits subject to check Demand certificates of deposit.
Página 337 - US bonds to secure US deposits US bonds on hand Premiums on US bonds Stocks, securities, etc Banking house, furniture and fixtures Other real estate and mortgages owned Due from National banks inot reserve agentsl..
Página xv - Lansing, Mich., May 23, 1903. Hon. George W. Moore, Commissioner of Banking, Lansing, Michigan : Dear Sir — I am in receipt of your communication of the 19th inst. referring to the General Banking Law of this State, and requesting my opinion upon the following questions : "First, How much money may the directors of a bank loan to any person, or company, or corporation, or firm, by a two-thirds vote of its board of directors?
Página 376 - Due from approved reserve agents Checks and other cash Items...
Página 416 - Taxes on real estate All other taxes, licenses and insurance department fees Legal expenses Advertising Printing and stationery Postage...
Página 412 - Gross premiums, less reinsurance, upon all unexpired risks running one year or less from date of policy, $4,533,873.53; unearned premiums.
Página 412 - Gross premiums (less re-insurance) upon all unexpired risks running one year or less from date of policy, $1,616,388.12; unearned premiums.