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" ... 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... "
Annual Report - Página xv
de Michigan. Banking Division - 1906
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Annual Report

Michigan. Banking Division - 1909
...values and the discount of commercial or husiness paper actually owned hy the lierson negotiating Ihe same shall not he considered as money horrowed: Provided,...any person, or company, or corporation, or firm may be increased to a sum not exceeding one-fifth of the capital and surplus of the hank." It is evident...
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Annual Report

Michigan. Banking Division - 1910
...this state." Also the proviso of section Г>2 of the Banking Law, which is as follows : fProvided, however. That the foregoing limitations shall not apply to loans on real estate or other collatéral securities (inthorized by this act and deposited with the bank or a safety and collateral...
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Annual Report

Michigan. Banking Division - 1911
...paper actually owned by the person negotiating the same shall not be considered as money borrowed: Provided, however. That the foregoing limitations...real estate or other collateral securities authorized by this act: Provided, however. That by a two-thirds vote of the directors the liabilities of any bank...
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Annual Report

Michigan. Banking Division - 1913
...under the laws of this State." Also the proviso of Section 52 of the Banking Law, which is as follows : "Provided, however. That the foregoing limitations...real estate or other collateral securities authorized by this act and deposited with the bank or a safety and, collateral deposit company organized under...
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Annual Report

Michigan. Banking Division - 1915
...paper actually owned by the person negotiating the same shall not be considered as money borrowed: Provided, however, That the foregoing limitations...real estate or other collateral securities authorized by this act: Provided, however, That by a twothirds vote of the directors the liabilities to any bank...
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Annual Report

Michigan. Banking Division - 1916
...paper actually owned by the person negotiating the same shall not be considered as money borrowed : Provided, however, That the foregoing limitations...real estate or other collateral securities authorized by this act: Provided, however. That by a two-thirds vote of the directors the liabilities to any bank...
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Annual Report

Michigan. Banking Division - 1919
...under the laws of this State." Aiso the proviso of Section 52 of the Banking Law, which is as follows: "Provided, however, That the foregoing limitations...loans on real estate or other collateral securities authorised by this act and deposited with the bant or a safety and collateral deposit company organized...
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Annual Report

Michigan. Banking Division - 1920
...the laws of this State. 4 Also the proviso of Section Б2 of the Banking Law, which Is as follows : "Provided, however. That the foregoing limitations...real estate or other collateral securities authorized by this act and deposited with the bank or a safety and collateral deposit company organized under...
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Annual Report of the Commissioner of the Banking Department of the State of ...

Michigan. State Banking Department - 1910
...under the laws of this state." Also the proviso of section 52 of the Banking Law, which is as follows : "Provided, however, That the foregoing limitations...real estate or other collateral securities authorized by this act and deposited with the bank or a safety and collateral deposit company organized under...
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Public Acts of the Legislature of the State of Michigan

Michigan - 1905
...paper actually owned by the person negotiating the same shall not be considered as money borrowed : Provided, however, That the foregoing limitations...real estate or other collateral securities authorized by this act, and deposited with the bank: Provided., however, That by a twothirds vote of directors,...
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