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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
14
Month
April
Year
1891
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business Dec. 19th, 1890. ( RESOURCES. LIABUiITIES. Loans and Discount, 375,536 49 p. _,,.„, at1„v nniH in Hinnnnn Stocks, Bonds, Mortgages, etc, 259,718 15 Capital stock paid in ï 50,000 00 Overdrafts,..-- 2,510 51 Surplusfund, ÏOO.UOO 00 Due from banks in reserve cities 75,253 59 Due irom other banks andbankers.. 7,017 20 ündivlded proflts, 31,675 79 Due from Treasurer School District .. .. . .. „„ „,. No. I. A. A. ." 12,151 25 Dlvidends unpaid S8o 00 Furniture and Fixtures 1,930 85 Commercial deposita 152,237 07 Current expenses and laxes paid, 2,932 93 Checks and cash items, 692 05 Savings deposita 416,843 47 Niokelsandpennies.. 60 Due to baüks and Dankers 338 92 nd-NkVionafBa-nk Nötes-,".::::: looi 00 Certifícate of deposit - 777,870 62 777,870 62 STATE OF MICHIGAN, I County of Washtenaw. f 88I, Charles E. Hiscock, cashier of the above named bank, do soiemnly swear that the above statement is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Cobbect- Attest: Christian Mack, Daniel Hiscock, David Rinsey, Directora. Subscribed and sworn to before me, this 24th day of December, 1890. Michael J. Fritz, Notary Public, Capital stock paid in, $ 50,000 I Total assets, - $761,291.31 Capital security, - 100,000 1 Surplus, - - 100,000.00 Transacts a general banking business; buys and sells exchanges on New York, Detroit and Chicago; sells draf ts on all the principal cities of Europe. This bank, already having a large business, invites merchants and others to open accounts with them with the assurance of the most liberal dealing consistent with safe banking. In the Savings Department interest is paid semi-annually, on the flrst days of January and July, on all sums that were deposited three months previous to those days, thus affording the people of this city and county a perf ectly safe depository for their f unds, together with a return in interest tor the same. Money to loan on apDroved securities. Dikectoks.- Christian Mack, "W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Binsey, and L. Gruner. Officeks.- Christian Mack, President; W. D. Harriman, Vice-President Ghas. E. Hiscock, Cashier. .