Press enter after choosing selection

Report Of The Condition Of The Ann Arbor Savings Bank

Report Of The Condition Of The Ann Arbor Savings Bank image
Parent Issue
Public Domain
OCR Text

At Ann Arbor, Michigan., at the close of business May, 4, 1891. RESOURCES. LIAB1LITIES. Loane and Discounts, $431,333 71 „ )f , t . ,,nm.m Stocks, Bonds, Mortgages, etc 244,316 34 Capital stock $ oO.OOO 00 Overdrafts, l0' 2? Surplusfund, 100,000 00 Furmture and Fixtures 1,930 85 Current expenses and taxes paid, 2,288 15 Undivlded proflts, 33,339 9T CASH. Dividends unpaid 356 00 Due from banks in reserve cities 101,140 90 . TT?pn!TT3 Due f rom other banks andbankers.. 1,785 83 u ' , „ „ Checks and cash items 229 80 Commercial deposits, 159,786 82 Goïfco'rd-pe-nnie.s' :::::::::::::::: .ISS Baring, 455,535 90 Silver coin, 2,800 00 Certiflcates oí deposit, 28,548 68 V. S. and N ational Bank Notes 15,958 00 827,567 27 $827,567 27 STATE OF MICHIGAN, I „ County of Washtenaw. f S8I, Charles E. Hiscock, cashier of the above named bank, do solemnly swear that the above atatement is true to the beat of my knowledge and belief. Charles E. Hiscock, Cashier. Correct- Attest: Christian Mack, L. Gruner, W. D. Harrinian, Directors, Subscribed and sworn to before me, this 9th day of May, 1891. Michael J. Fritz, Notary Public, Capital stock paid in, $ 50,000 I ïotal assets, - $761,291.31 Capital security, - 100,000 Surplus, - - 100,000.00 Transacts a general banking business; buys and sells exchanges on New York, Detroit and Chicago; sells drafts 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 first days of January and July, on all sums that were deposited three months previous to thobe days, thus affording the people of this city and county a perfectly safe depository for their funds, together with a return in interest for the same. Money to loan on approved securities. Directoks.- Christian Mack, "W. D. Harriman, Daniel Hiscock, Wilham Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Ehas. E. Hiscock. Cashier.