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Dart National Bank
The Dart Bank is a private bank headquartered in Mason, Michigan. The bank has 4 branch (banking), branches, all of which are in Ingham County, Michigan, Ingham County or Eaton County, Michigan, Eaton County. History The bank was founded on May 1, 1925, by Rollin Charles "RC" Dart and his son, Doc Campbell Dart, as The Dart National Bank of Mason. RC was president of the bank until his death in 1943. Doc Campbell Dart then became president and chief executive officer of the bank until his death in 1960. In 1937, the bank acquired First State Savings Bank. Two court cases involving Dart, in 1959 and 1962, helped to clarify and establish Legal precedent, precedent in a segment of personal property law governed by the Uniform Trust Receipts Act (UTRA). In 1974, the bank opened a branch in Holt, Michigan. The founder's grandson, Rollin Dart, was chairman from 1962 to 2005, and president from 1962 to 1999. During Rollin’s tenure, the bank's assets increased from $8 million t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Precedent
A precedent is a principle or rule established in a previous legal case that is either binding on or persuasive for a court or other tribunal when deciding subsequent cases with similar issues or facts. Common-law legal systems place great value on deciding cases according to consistent principled rules, so that similar facts will yield similar and predictable outcomes, and observance of precedent is the mechanism by which that goal is attained. The principle by which judges are bound to precedents is known as ''stare decisis'' (a Latin phrase with the literal meaning of "to stand in the-things-that-have-been-decided"). Common-law precedent is a third kind of law, on equal footing with statutory law (that is, statutes and codes enacted by legislative bodies) and subordinate legislation (that is, regulations promulgated by executive branch agencies, in the form of delegated legislation) in UK parlance – or regulatory law (in US parlance). Case law, in common-law jurisdictions, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1925
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Lansing, Michigan
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In Michigan
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grand Ledge, Michigan
Grand Ledge is a city in the U.S. state of Michigan. The city lies mostly within Eaton County, though a small portion extends into Clinton County to the north. The city sits above the Grand River 12.7 miles (20.4 kilometers) west of downtown Lansing. The population was 7,786 at the 2010 census. The city is named for its sandstone rock ledges that rise above the Grand River and are used by recreational rock climbers. History Native American Settlement Native Americans who lived in the vicinity of the Grand River near the ledges were of Pottawatomi, Chippewa, and Ottawa ancestry. They dug clams in the river, mined coal on the river banks, hunted for deer, turkey, fox, and bear, and fished for black bass. Their name for the ledges translated into English as "Big Rocks". Modern Settlement Based on early records, Hugh Heward was the first white man to explore this area by water and record his findings. His journal describes the sandstone ledges as having high banks, some pine tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rollin Dart
Rollin Bashford Dart (December 2, 1925 – May 5, 2016) was an American banker. Family Dart was the grandson of Rollin Charles "RC" Dart, who founded Dart National Bank in 1925. He was the son of Doc Campbell Dart, who was chief executive officer of the bank from 1943 to 1960. He was the father of punk rock musician Doc Corbin Dart. He was also related to the family that founded Dart Container. Early life and education Dart was born on December 2, 1925, in Mason, Michigan to Doc C. Dart and Zola Bashford Dart. He graduated from Mason High School in 1943. He was active in the Boy Scouts of America and became an Eagle Scout. In the spring of 1943, the joined the U. S. Marine Corps, serving in the Asiatic-Pacific Theater at Iwo Jima. After his return in 1946, he attended Michigan Agricultural College at Michigan State University for 2 years. Rollin married Mary Vay Corbin on March 28, 1948. Career Dart was the chairman of Dart National Bank from 1962 to 2005 and its president ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holt, Michigan
Holt is an unincorporated community and census-designated place (CDP) in Ingham County in the U.S. state of Michigan. The CDP is located within Delhi Charter Township and occupies a majority of the township. The population was 25,625 at the 2020 census, which is a significant increase from 11,315 at the 2000 census when the CDP area was significantly smaller. Geography According to the United States Census Bureau, the CDP has a total area of , of which is land and (1.26%) is water. Holt is the second most-populated CDP (after Forest Hills) and the fifth largest by area in the state of Michigan. The community is south of Lansing, just south of I-96 between US-127 and M-99. The city of Mason is about southeast, and the village of Dimondale is about west. Holt is home to an ancient glacial esker. This esker, the longest in Michigan at roughly , can be traced from south Lansing through Holt to just beyond Mason. History The first permanent settlers of Delhi Township, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Personal Property Law
Property law is the area of law that governs the various forms of ownership in real property (land) and personal property. Property refers to legally protected claims to resources, such as land and personal property, including intellectual property. Property can be exchanged through contract law, and if property is violated, one could sue under tort law to protect it. The concept, idea or philosophy of property underlies all property law. In some jurisdictions, historically all property was owned by the monarch and it devolved through feudal land tenure or other feudal systems of loyalty and fealty. History Though the Napoleonic code was among the first government acts of modern times to introduce the notion of absolute ownership into statute, protection of personal property rights was present in medieval Islamic law and jurisprudence, and in more feudalist forms in the common law courts of medieval and early modern England. Theory The word ''property'', in everyday usage, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eaton County, Michigan
Eaton County is a county in the U.S. state of Michigan. As of the 2020 United States Census, the population was 109,175. The county seat is Charlotte. The county was organized in 1837 and was named for John Eaton, who was Secretary of War under U.S. President Andrew Jackson, making it one of Michigan's Cabinet counties. Eaton County is included in the Lansing-East Lansing, Metropolitan Statistical area in Central Michigan. History Eaton County was formed in 1837 from open territory. It was named after John H. Eaton, an American Secretary of War. The county is one of the so-called Cabinet counties because it was named after a member of the cabinet of US President Andrew Jackson. Eaton County was created by the Michigan Territorial Legislature on October 29, 1829: "That as much of the country as is included within the following limits, viz., north of the base line and south of the line between townships four and five north of the base line, and east of the line between ranges s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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