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" ... part of the amount of the capital and surplus of 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... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Página xv
de Michigan. State Banking Department - 1906
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Journal of the House of Representatives of the State of Michigan, Volume 3

Michigan. Legislature. House of Representatives - 1899
...lines 32 to 43 inclusive. By inserting in line 8 of section 52, after the word "borrowed" the words "Provided, however. That the foregoing limitations...other collateral securities authorized by this act." By striking out of line 16 of section 52, all after the word "approval" and all of lines 17. IS, 19,...
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Public and Local Acts of the Legislature of the State of Michigan, Parte 2

Michigan - 1899
...the same shall not be considered as money borrowed: 1'rovided hotccver. That the fore- rrov»o. going limitations shall not apply to loans on real estate...collateral securities authorized by this act. Provided Further hoverer. That by a two-thirds vote of the directors the liabili- l'° ties of any bank of any...
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Annual Report of the Attorney General of the State of Michigan

Michigan. Department of Attorney General - 1903
...increase the first named line by the bond or per- , sonal endorsement of the officers or director's of a firm, company or corporation, or by the assignment...authorized by this act. Provided however, That by a twothinii-' vote of the directors the liabilities of any bank of any person or company or corporation...
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Public and Local Acts of the Legislature of the State of Michigan, Parte 2

Michigan - 1905
...corporation or firm for moneys advanced, including in the liabilities of the company or firm, the liabilities of the several members thereof, except special partners,...other collateral securities authorized by this act, and deposited with the bank : Provided, however, That by a twothirds vote of directors, the liabilities...
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Annual Report

Michigan. Banking Division - 1905
...paper actually owned hy the person negotiating the same shall not he considered as money horrowed: Provided however, That the foregoing limitations shall...real estate or other collateral securities authorized hy this act. Provided, however, That hy a two-thirds vote of the directors the liahilities of any hank...
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Annual Report

Michigan. Banking Division - 1906
...such bank ; but the discount of bills of exchange drawn in good faith against actually existing yalues and the discount of commercial or business paper actually...estate or other collateral securities authorized by tbis act. Provided, however, That by a two-tbirds vote of the directors the liabilities of any bank...
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Annual Report

Michigan. Banking Division - 1906
...paper actually owned hy the person negotiating the same shall not he considered as money horrowed : Provided, however. That the foregoing limitations...real estate or other collateral securities authorized hy this act. Provided, however. That hy a two-thirds vote of the directors the liahilities of any hank...
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Public and Local Acts of the Legislature of the State of Michigan, Parte 2

Michigan - 1907
...owned by the person negotiating the same shall not be considered as money borrowed: Provided, hoioever. That the foregoing limitations shall not apply to...other collateral securities authorized by this act. and deposited with the bank, or a safety and collateral deposit company organized under the laws of...
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Public Acts of the Legislature of the State of Michigan Passed at the ...

Michigan - 1907
...owned by the person negotiating the same shall not be considered as money borrowed : Provided, howcvcr. That the foregoing limitations shall not apply to...other collateral securities authorized by this act, and deposited with the bank, or a safety and collateral deposit company organized under the laws of...
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Annual Report

Michigan. Banking Division - 1909
...paper actually owned hy the lierson negotiating Ihe same shall not he considered as money horrowed: Provided, however, That the foregoing limitations...real estate or other collateral securities authorized hy this act: Provided, however. That hy a two-thirds vote of the directors the liahilities of any hank...
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