USA > Michigan > Gazetteer of the State of Michigan, in three parts with a succinct history of the State, from the earliest period to the present time with an appendix, containing the usual statistical tables, and a directory for emigrants, &c > Part 34
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576
368,640
Ingham,
560
358,400
Isabella,
576
368,640
Jackson,
720
460,800
629,000
944
Kalamazoo,
576
368,640
1,025,188
1,537
Kent,
576
368,640
916,180
1,374
Lapeer,
828
529,920
100,320
150
Lenawee,
735
470,400
2,079,684
3,145
Livingston,
576
368,640
217,052
325
Mackinac,*
27,684
17,717,760
127,9-19
191
Macomb,
458
293,120
710,456
1,065
Midland,
680
435,200
Monroe,
532
340,480
2,869,491
4,304
Montcalm,
576
368,640
1,293,649
1,940
Oceana,
834
533,760
Ottawa,
794
508,160
Saginaw,
1,021
653,440
1,139,522
2,279
Sanilac,
2,460
1,574,400
Shiawassee,
544
348,160
St. Clair,
935
598,400
538,947
808
St. Joseph,
528
337,920
611,672
917
Van Buren,
633
405,120
Washtenaw,
720
460,800
1,688,487
2,539
Wayne,
600
384,600
7,238,484
10,852
Total, [
60,520
38,732,800
$45,926
7,200
4,608,000
Clinton,
Hillsdale,
576
368,640
1,849
Oakland,
900
576,000
2,076
*Upper Peninsula, 13,464. Peninsula proper 14,220 square miles.
33*
390
APPENDIX.
TABLE No. III.
Tables Nos. three and four exhibit for each county, as far as returns were made, the aggregate of its productions and manufactories, as taken and reported with the census at the close of the year 1837, and deposit- ed in the office of the Secretary of State. The exhibit is incomplete, being for about two-thirds of the State only, or 167 townships out of 249, then organized. It is believed the returns will, generally, from obvious causes, rather fall short than exceed the exact amount in each county. However, as far as returns were made, it is regarded sufficiently correct for the purposes intended. The returns for each township are to be found in the 'Third Part. Lumber, a principal manufacture of this State, is excluded, owing to the imperfect manner it was reported.
Counties.
Grist Mills.
Saw Mills.
| Card. machines
| Cl'th dres.sh'ps
| Distilleries.
Merchants.
Bushels wheat.
Bushels rye.
Bushels corn.
Bushels oats.
Allegan,
1
17
17
Barry,
Berrien,
5
26
1
3
58
26,101 27,612 105,012 54,173
40
34,236
44,145
Calhoun,
4
20
1
3:2
66
52,476
69,993
Cass,
5
19
1
2
19
640
90,338
80,389
Chippewa,
2
3
3,305
1,715
3,955
Eaton,
1
5
2
3,815
2,655
2,484
Genesee,
1
13
16
Hillsdale,
1
15
14
42,661
160
28,524
32,640
Ingham,
2
3
5
4,287
60
3,335
5,055
Jackson,
5
21
17
162,599 103,787
10
63,191 80,964
197,807
Kent,
2
15
10
2,620
6,534
20,787
Lapeer,
3
11
8
14,976 131,508 40,835
30 3,024
1,877 126,725 19,483
6,600 181,935 19,332
Macomb,
6
25
2
1
20
85,028
14,036
40,240
61,232
Monroe,
7
25
1
1
42
27,256
1,019
42,741
50,242
Oakland,
17
40
8
6
3
38
Ottawa,
3
10
Saginaw,
1
5
5
2,288
4,650
1,220
Shiawassee,
1
4
2
2,961
40
1,640
2,313
St. Clair,
4
30
22
6,816
825
4,462
9,380
St. Joseph,
8
13
2
27
Van Buren,
11
36
3
2
2
55
164,663
734
122,989
203,874
Washtenaw, Wayne,
5
27
5
1
244
114 433 23
12 16 795 1,014,896 21,944
791,427|1,116,910
1
63
9
Mackinac,
1
9
2,593
1,811
1,720
lonia,
93,058
Kalamazoo,
3
21
2
34
Lenawee,
14
13
2
1
Livingston,
3
11
10
60,941
28,849
Branch,
4
10
11
3
Clinton,
2
190
1,060
391
APPENDIX.
TABLE No. IV.
Counties.
Bsh. b'ckwheat
Pounds flax.
Pounds hemp.
Neat stock.
Horses.
Sheep.
Hogs.
Allegan,
Barry,
Berrien,
1,153
995
2,950
927
1,089
5,728
Branch,
2,908
591
10
2,761
518
176
3,885
Calhoun,
3,419
760
14
6,094
1,209
882
6,784
Cass,
1,515
1,762
100
3,455
1,207
2,677
6,943
Chippewa,
22
415
25
39
179
Eaton,
95
560
53
4
347
Genesee,
Hillsdale,
2,322
512
2,971
403
325
4,049
Ingham,
474
100
530
30
17
406
Ionia,
67
693
80
34
672
Jackson,
3,012
2,702
400
14,493
971
889 1,221
8,469
Kent,
899
234
680
Lapeer,
340
560
1,265
110
130
Lenawee,
6,281
9,619
10,310
1,157
2,505
16,527
Livingston,
2,478
4,375
421
369
4,118
Mackinac,
12
72
25
Macomb,
13,061
19,493
6,899
1,555
5,365
8,286
Monroe,
11,731
2,891
5,734
1,220
1,221
5,751
Ottawa,
22
29
Saginaw,
300
643
150
547
Shia wassee,
314
405
941
96
81
1,222
St. Clair,
931
150
1,689
394
248
1,333
St. Joseph,
Van Buren,
Washtenaw,
11,480
2,423
15,732
1,726
5,412
16,640
Wayne,
Total,
64,022
43,826
524 89,610
14,059 22,684
109,096
Kalamazoo,
2,059
865
5,920
1,449
16,465
59
30
11
Clinton,
Oakland,
NOTE. - The townships, from which no report or only partial returns were made, are in Allegan, four ; Barry, one; Calhoun, one; Genesee, five; Oakland, twenty-four; St. Clair, three; St. Joseph, ten; Van Buren, seven; Washtenaw, five; Wayne, sixteen; Monroe, two; Clinton, two; Cass, two. Total, 82.
392
APPENDIX.
TABLE V.
The following general estimated value of products is made from the limited data of the above tables. The average Detroit market prices for grain during the past year, were taken as a standard, and for farm stock, the average country prices, as near as might be, for different descriptions, for the same time. The estimate was made purposely within the mark, and it is believed one fifth, or one fourth, might be added to the value of stock, without over-rating the true valuation. The census returns were for those counties having about 105,000, or about three fifths the population of the State; it may reasonably be sup- posed, therefore, that the actual products of the whole State are two fifths more than the returns by census. We regard the final result as an approximation sufficient in absence of more complete data, for any practical purpose.
Bushels grain, as per Census.
Valuation.
Estimate for State, adding two fifths.
Valuation for State.
Wheat
$1,268,620
1,691,499| $2,114,366
Rye
1,014,896| 21,944 791,427 1,116,910 64,022
21,944
36,573
36,573
Corn
791,427
1,319,045
1,319,045
Oats
Bckwht.
106,705
Total
3,009,199
$2,780,060
5,315,317
$4,633,430
FARM STOCK.
N.Stock
89,610|
$2,698,300
149,350
$4,480,500
Horses
14,059
843,540
23,430
1,405,800
Sheep Hogs
22,684
56,710 981,864
181,825
1,636,425
Total
235,449
$4,570,414
392,411
$7,617,240
2,780,060
4,633,430
$7,350,474
$12,250,670
It is estimated, variously, that the crop of wheat the present season will give a surplus of from one half to 2,000,000 bushels for exportation.
37,806
94,515
109,096
698,069
1,861,515
1,163,446
393
APPENDIX.
TABLE VI. Exhibiting the Condition of the Kalamazoo Land District, on the first day of January, 1838.
Township and Range.
Land vacant, subject to entry.
School land.
University land.
Public buildings,
T. 1 S .- R. 4 W.
4,594.34
589.51
2
562.81
640.
3
360.
4
2,905.30
1
5
7,073.71
617.19
2
963.37
640.
3
600.
4
1,978.44
5
2,283.76
6
1,809.96
7
2,039.05
8
689.47
1
6
2,496.96
66
2
66
365.73
3,707.37
3
1,563.28
4
1,282 68
5
455.71
630.80
660.44 2,560.
7
5,901 92
8
2,531.89
615 58
1
7
2,817.52
640.
2
240.
646.48
3
2,566.03
4
2,185.21
5
747.60
66
640.
6
796.62
7
1,739.42
8
1,560.
1
8
1,215.60
2
521.80
3
3,487.01
4
1,829.76
640.
5
1,482.34
620.13
6
3,290.16
640.
7
2,777.68
66
8
1,389.30
6
200.
640.
394
APPENDIX.
TABLE VI .- CONTINUED.
Township and Range.
Land vacant, subject to entry.
School land.
University land.
Public buildings.
T. 1 S .- R. 9 W.
3,009.77 0.
640.
3
3
3,480.
4
1,260.04
5
610.34
6
1,200.95
7
1,478.37
6€
8
841.90
639.55
1
10
0.
640.
3,190.19
2
671.24 3,005.60
0.
2,578.48
5
66
0. 517.90
66
2,537.07
6
578.32
7
2,126 50
8
230.72
¥
1
J1
240.
2
0.
2,540.32
3
672.30
4
593.28
1,250.46
6
157.24
604.70
1,877.29
7
2,171 20
640.
8
169.56
605.35
1
12
4,803.67
640.
2
2,612.16
595.15
3
600.
616.65
4
1,567.81
640.
5
4,262.38
6
1,094.23 880.
640.
8
0.
614.44
1
13
6,953.91
640.
2
3,451.06
66
3
478.36
4
2,060.22
5
3,722,38
6
€6
6,097.47
7
1,097.83
595.
1,833.27 638.32
3
4
5
700.23
635.62
7
395
APPENDIX.
TABLE VI .- CONTINUED.
Township and Range.
Land vacant, subject to entry.
School land.
University land.
Public buildings.
T. 8 S .- R. 13 W.
1,076.45
466.66
1
14
8,846.94
640.
2
6,766.04
630.26
3
66
3,591.48
640.
4
5
¥
953.04
6
770.40
66
7
8
66
1,128.45 276.63
625.
3
4
3,469.28
646.90
5
66
4,937.55
619.
6
1,236.33
640.
7
391.65
614.92
8
295.30
587.50
1
16
6,304.58
640.
2
8,114.06
628.93
3
1,945.81
640.
4
2,107.54
6€
5
3,455.93
6€
6
1,037.35
66
7
560.
8
0.
1
17
316.51
460,36
2
12,504.23
640.
3
66
2,864.03
636.92
4
66
999.21
640.
5
66
4,361.20 625.16
7
0.
546.65
3,006.10 370.90 2,096.29 441.22
2
18
555.60
640. 160.
3
66
1,698.87
493.12
4
45.66
640.
5
922.27
545.73
6
66
569.26
640.
1
15
9,418.43
2
5,870.38
640.
0.
·
6
8
0.
7,248.96
396
APPENDIX.
TABLE VI .- CONTINUED.
Township and Range.
Land vacant, subject to entry.
School land.
University land.
Public buildings.
T. 7 S .- R. 18 W.
953.89|
640.
1,023.45
4
19
0.
168.72
1,132.78
5
1,214.83
593.
6
9,574.66
640.
7
3,214.51
1,801.20
160.
7
569.83
640.
8
21
0.
160.
8
286.69
640.
8
22
0.
0.
T. 1 N .- R. 7 W.
6,978.07
640.
2
66
3,351.43
3
2,715.44
66
1
8
7,046.40
2
66
8,227.93
3
9
6,468.88
598.87
2
13,521.69
634.85
3
4,939.57
640.
1
10
1,783.29
66
2
6,668.28
637.20
3
66
4,299.16
648.
1
11
4,249.57
640.
2
7,176.67
601.50
1
12
199.16
640.
2
9,069.10
619.
3
7,939.93
640.
1
13
1,395.53
587.40
2
1,567.97
640.
3
4,647.66
1
14
11,712.29
600.72
2
8,893.26
640.
3
€
9,728.67
1
15
12,430.67
66
8
139.78
1,878.21
8
6
20
1,893.56
2,180.
7
898.55
-
3
6,782.45
397
APPENDIX.
TABLE VI .- CONCLUDED.
Township and Range.
Land vacant, subject to entry.
School land.
University land.
Public buildings.
T. 2 N .- R. 15 W.
14,798.37
640.
3
7,605.26
611.86
1
16
4,548.47
640.
2
8,380.95
3
1
17
1,806.90 0.
439.86 0.
Total
449,056.15
95,662.60 35,014.84
812.12
TABLE VII.
The following Table will show the amount, situation, &c. of the Indian Reserves within the Kalamazoo Land District.
Township and Range.
Indian Reserves.
T. 4 S .- R. 9 W.
5,805.52
5
5,573.09
4
10
19,081.03
5
19,632.34
4
11
6,890.64
5
7,583.39
7
17
2,461.99
8
5,011.63
7
18
2,705.33
8
8,337.22
8
19
9.51
Total .
.
. 83,091.69
34
399
APPENDIX.
BANKS.
The first bank established in this State, was the "Bank of Michigan," chartered in 1818, with a capital of $100,000. It commenced operations in the month of June, in that year. Its capital has since been increased to $850,000, and it is now one among the most substantial institutions in the State.
From that period to 1837, fifteen Banks had been chartered and located in different sections of the State, as the commercial interests of the community required.
A new era in the history of banking commenced under an act of the legislature, approved the 15th of March, 1837, and entitled "an act to organize and regulate Banking Associations."
By this act, and an act amendatory thereto, passed December 30, 1837, the privileges and immunities usually conferred by separate charter, on specified companies, for banking purposes, were, without distinction, conferred upon "any persons" de- sirous of forming an association for transacting "banking busi- ness," by complying with the provisions of the act.
Some of the more noted provisions and restrictions, may be gathered by the following abstract of these two acts.
In the first place, any person or persons, resident of the State, desirous of establishing a Bank, are at liberty to meet, open books, and subscribe to the capital stock of such Bank. A ma- jority of the subscribers authorize a call of a meeting for choos- ing officers. At this meeting, nine directors are chosen by the stockholders, after all preliminary provisions of the act are com- plied with, and the directors are authorized to choose one of their number president. The stockholders are constituted a body corporate, and are subject to like general laws governing other corporations. A majority of the directors manage the association. The directors must all be residents of the State, and at least five, residents of the county where the business of the association is transacted.
One third part of the capital stock must be owned, subscribed, and continue to be held by residents of the county where the business is transacted, (the county of Chippewa excepted.)
Before the Bank commences operations, the stockholders must execute bonds and mortgages upon unincumbered real estate, within the State, which shall be estimated at its true cash value by the treasurer, clerk, associate judges, and sheriff of the county, or a majority of them. They are to take these bonds and mort- gages in the name of the auditor general of the State, for the use of the State, at a rate not exceeding its true cash value, ex- clusive of buildings thereon, to the full amount which the asso- ciation shall be authorized to become indebted at the time of rendering such securities. These are to be held as collateral security for the final payment of all debts and liabilities of the
400
APPENDIX.
association, and for the redemption of all its notes outstanding and in circulation after the liabilities of the directors and of the stockholders, and the fund accruing in pursuance of the act to create a fund for the benefit of the creditors of certain monied corporations, shall have been found insufficient for the payment of the same.
The banking capital of each association is not to be less than $50,000, nor more than $300,000, divided into shares of $50 each. Before the Bank can go into operation the whole capital stock must be subscribed, and thirty per cent. on each share paid in, in specie.
Before an association commences operations, it is the duty of the Bank commissioner who is required by the association, to visit the banking house, count the specie, and make such exam- inations into its affairs and condition as may satisfy him that the requirements of this act have been complied with in good faith ; and if he is satisfied with regard to these facts, to make certifi- cate of the same, and give public notice of it in the State paper, and in the county newspaper, and give a like certificate to the association.
The directors, before entering upon the duties of their office, are required to take and subscribe an oath or affirmation that they will once at least in every three months, examine fully into its condition and operations, and write in a book kept for the pur- pose, a true statement of its condition, and subscribe their names to the same; that they will faithfully perform all the duties of their offices, and faithfully report to the Bank commissioner, whenever they shall discover any violation or abuse of privilege granted the association by this act.
When the preliminary requisitions of the act are complied with by the president, directors, and stockholders, they are to file a certificate in the office of the Secretary of State, stating the name, location, and amount of capital stock of the association, which the secretary is required to give public notice of.
The amount of bills and notes issued or put in circulation as money, or the amount of loans and discounts at any time, must never exceed twice and a half the amount of its capital stock then paid in and actually possessed.
Provision is made for the appointment of three disinterested Bank commissioners, whose duties are prescribed by law, and every association is prohibited from issuing any bill or note, without the endorsement of a Bank commissioner's name upon the back of the same, in his official capacity. Before he indors- es any bill or note, he is required to examine the vault of the banking association, and ascertain the amount of specie then on hand, and administer an oath to a majority of the directors, to this effect-that a certain amount named, is on that day pos- sessed in specie, by the Bank, and that it is the property of said Bank-that it has been paid in by its stockholders, toward the payment of their respective shares ; or that the same has been
401
APPENDIX.
received in its legitimate business, and not for any other pur- poses ; and that it is intended to remain a part or whole of the capital of the association.
Bank commissioners are required to visit the banking house of the association as often as once in three months, and at all other times, when requested by the Governor, or by any bank- ing association in the State created by the provisions of this act, or subject to the act to create a fund for the benefit of the credit- ors of certain monied corporations, and to institute such exam- ination into the affairs of the institution, as is required by law. It is the duty of the Bank commissioner to require the associa- tion to renew or change the securities given, whenever the safe- ty of the public may require.
The directors are under obligation to furnish the Bank com- missioner, whenever required by the legislature, a statement under oath or affirmation, of the condition of the association, stating the amount of deposites ; the amount of bills in circula- tion ; the amount of indebtedness to other corporations, compa- nies, and individuals ; the amount of debts due from the direc- tors ; the amount due from stockholders ; the amount due from all other persons or corporations : the amount of specie in bank ; the amount of bills of other banks; the amount of their de- posites in other banks ; the amount of their stock in companies ; the amount of real estate and other property not here specified ; the amount of capital actually paid in-containing a true and faithful exhibit of the entire state of such Bank, which statement they are to cause to be published in some newspaper within the State. The books, papers, and vaults of the association, are to be always open to the inspection of the Bank commissioners, or committees appointed by the legislature.
The rate upon loans and discounts is limited to seven per centum per annum, in advance, and the denomination of notes and bills not to be under one dollar.
The total amount of debts the association is allowed to owe, exclusive of property deposited in the Bank, must never exceed three times the amount of capital stock actually paid in and pos- sessed. If the association becomes insolvent, the directors, in the first place, are liable in their individual capacity, to the full amount of all debts the association may owe ; and afterward, each other stockholder is liable to the full amount of the debts of the association in like manner, in proportion to his amount of stock ; and each stockholder is so liable for one year after the time he transfers his stock in the association.
The association is prohibited from holding real estate, except in certain cases specified in the act ; and likewise to trading in goods, wares, and merchandise, except in cases specified, &c.
Every association is obliged to pay its bills and notes when presented, or on refusing to pay on demand, it is the duty of the cashier to record on the back of the same the date of the refusal, and attach his name thereto, in his official capacity, and if the 34*
402
APPENDIX.
same is not paid, on demand, within sixty days thereafter, with damages, and ten per cent. costs, the association shall be dis- solved.
Each stockholder is required to pay in at least ten per cent. in specie, on the capital stock, annually, after it goes into opera- tion, until the whole stock is paid in, under penalty of forfeiting to the association the amount of stock he has already paid in, and the shares on which the payments have been made.
Assignments of stock are valid only when made according to rules prescribed. Assignments are not valid until the stock- holder making the same, has cancelled all his debts and liabili- ties, of whatever description, to the association.
All associations are prohibited from trading in stock of monied, or any other corporations, or to increase or reduce their capital stock, without consent of the legislature.
The whole amount of loans and discounts made to directors, or to any individual, is not at any time to exceed one sixth part of the amount which it is entitled to issue.
Every association is obligated to pay to the treasurer of the State, for the use of the State, one half of one per centum on the amount of the capital stock paid in, in semi-annual payments, twice in each year, and is subject to the provisions of this act, and the act to create a fund for the benefit of the creditors of cer- tain monied corporations. No money is, however, to be drawn from this fund until the funds and liabilities of the directors and stockholders have failed, and proved insufficient to pay all debts.
Every director, or officer, guilty of any negligence and mis- feasance in his office, is declared to be guilty of felony, and sub- ject to imprisonment in the State Prison, for a period not less than two years.
Associations incorporated under this act, continue until the 4th of March, 1857. These are a portion only of the leading provisions of the act, under which forty-five associations went into operation between the 18th of August, 1837, and the 3d of April, 1838, when an act of the legislature was approved, sus- pending the provisions of the law, as to the creation of any new associations, except to allow one association to be formed in the county of Chippewa. The effects of this law are too well known to require comment.
403
APPENDIX.
CHARTERED BANKS :
LOCATION, CAPITAL, AND EXPIRATION OF CHARTERS.
Name.
Location.
Capital.
Expiration of Charters.
The President, Directors, & Co. of the Bank of Michigan,
Detroit ; Branch at
850,000
1859
Bank of Monroe,
Kalamazoo. Monroe.
500,000
1847
Farmers' and Mechanics' Bank of Michigan,
Detroit ; Branch at St.
700,000
1849
Bank of River Raisin,
Monroe ;
700,000
1857
Bank of Pontiac,
Pontiac.
500,000
1865
Bank of Washtenaw,
Ann Arbour. Detroit.
500,000
1855
Erie and Kalamazoo Rail- road Bank,
Adrian.
500,000
1865
Bank of Tecumseh,
Tecumseh,
500,000
1865
Bank of Macomb county,
Mount Clemens. Clinton.
500,000
1875
Bank of Clinton,
250,000
1857
Bank of St. Clair,
Palmer.
250,000
1857
Calhoun county Bank,
Marshall.
250,000
1857
Bank of Ypsilanti,
Ypsilanti.
250,000
1857
Bank of Constantine,
Constantine.
250,000
1857
Branch at Pontiac.
500,000
1860
Michigan State Bank,
Joseph.
BANKING ASSOCIATIONS .- From notices filed in the office of Secretary of State.
Name.
Location.
Capital. |
When filed.
Farmers' Bank, at Homer,
Homer, Calhoun county.
$100,000 Aug.
19, 1837
Bank of Oakland,
Pontiac, Oakland co.
50,000
31,
1837
Bank of Utica,
Utica, Macomb co.
50,000
Sept. 2, 1837
Bank of Brest,
Brest, Monroe co.
100,000
18, 1837
Merch'ts & Mech's Bank of the city of Monroe, Monroe, Monroe co.
150,000
Oct.
25,
1937
Bank of Marshall,
Marshall, Calhoun co.
100,000
26,
1837
Millers' Bank of Washtenaw,
Ann Arbour, Washtenaw co.
50,000
Nov.
23,
1837
Farmers' and Mechanics' Bank of Pontiac,
Pontiac, Oakland co.
50,000
23,
1837
Bank of Manchester,
Manchester, Washtenaw co.
100,000
Dec.
1,
1837
Bank of Saline,
Saline, Washtenaw co.
100,000
4,
1837
Clinton Canal Bank,
Pontiac, Oakland co.
100,000
9,
1837
Bank of Coldwater,
Coldwater, Branch co.
50,000
13,
1837
Grand River Bank,
Grand Rapids, Kent co.
50,000
18,
1837
Saginaw City Bank,
Saginaw, Saginaw co.
50,000
26,
1837
Detroit City Bank,
Detroit, Wayne co.
200,000
26,
1837
St. Joseph County Bank,
Centreville, St. Joseph co.
100,000
27,
1837
Farmers' Bank of Sharon,
Sharon, Washtenaw co.
50,000
28,
1837
Lenawee County Bank,
Palmyra, Lenawee co.
100,000
66
30,
1837
Genesee County Bank,
Flint, Genesee co.
50,000
30,
1837
Farmers' Bank of Oakland,
50,000
30,
1837
Commonwealth Bank,
Tecumseh, Lenawee co.
50,000
Jan.
1,
1838
Gibralter Bank,
Gibralter, Wayne co.
100,000
66
2,
1838
Commercial Bank of Michigan,
St. Joseph, Berrien co.
50,000
3, 1838
Bank of Niles,
Niles, Berrien co.
100,000
3,
1838
Bank of Singapore,
Singapore, Allegan co.
50,000|
8,
1838
-
404
APPENDIX.
Royal Oak, Oakland co.
BANKING ASSOCIATIONS .- CONCLUDED.
Name.
-
Location.
/ Capital. |
When filed.
Bank of Allegan,
Allegan, Allegan co.
100,000 | Jan.
8, 1838
Bank of Auburn,
Auburn, Oakland co.
50,000
12,
1838
Goodrich Bank,
Goodrich Mills, Atlas, Lapeer co.
100,000
15, 1838
Huron River Bank,
Ypsilanti, Washtenaw co.
100,000
17, 1838
Bank of Shiawassee,
Owasso, Shiawassee co.
50,000
17,
1838
Citizens' Bank of Michigan,
Ann Arbour, Washtenaw co.
100,000
17, 1838
Bank of Superior,
Superior, Washtenaw co.
100,000
17,
1838
Bank of Kensington,
Kensington, Oakland co.
50,000
¥
19, 1838
Merchants' Bank of Jackson County,
Brooklyn, Jackson co.
65,000
29, 1838
Jackson, Jackson co.
100,000
29, 1838
Detroit and St. Joseph Rail-Road Bank, Berrien County Bank,
Niles, Berrien co.
50,000
Feb.
2, 1838
Farmers' Bank of Prairie Ronde,
Schoolcraft, Kalamazoo co.
50,000
2, 1838
Bank of Battle Creek,
Battle Creek, Calhoun co.
100,000
66 12, 1838
Farmers' and Merchants' Bank of St. Joseph, Centreville, St. Joseph co.
50,000
March 22, 1838
Chippewa County Bank,
Sault de Ste. Marie, Chippewa co.
50,000 | May 24, 1838
Nominal aggregate capital of fifteen chartered Banks, Nominal aggregate capital of forty banking associations,*
$7,000,000
3,115,000
Nominal aggregate banking capital in the State, May 24, 1838,
..
$10,115,000
*Six other associations not here included, viz: the Jackson County Bank, Farmers' Bank of Sandstone, Bank of Lapeer, Exchange Bank of Shiawassee, Farmers' Bank of Genesee county, Wayne County Bank.
405
APPENDIX.
1
1
406
APPENDIX.
INDIAN DEPARTMENT, MICHIGAN. HENRY R. SCHOOLCRAFT, Superintendent.
Acting Superintendency, Duplicate Offices at Detroit and Mackinac.
OFFICERS .- One Superintendent, one Interpreter, one Mes- senger.
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