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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
9
Month
June
Year
1891
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business May, 4, 1891. RESOURCES. LIABILITIES. Loans and Discounts 8431,333 71 „ ... , t . jtnnmnn Stocks, Bonds, Mortgages, etc 244,316 24 Capital stock $ 50,000 00 Overdrafts,.. 10,642 26 Surplusfund 100,000 00 Furmture and Fixtures 1,930 85 Current expenses and taxes paid, 2,288 15 Undivided proflts, 33,339 97 CASH. Dividends unpaid 356 00 Due from banks in reserve eities 101,140 90 Tnrprwrs Duefromotherbanksandbankers.. 1,785 83 ,,M wuaiio. „„„„„ Checks and cash items, 229 80 Commercial deposita 159,786 82 Nickelsandpennies,.. 14153 , „ ripnnKits 4S5 535 90 Gpldcoin,.... , 15,000 00 bavings deposits, 4oo,wo u Silver coin 2,800 00 Certiflcates of deposit 28,548 68 U. S. and National Bank Notes 15,958 00 ,$827,567 2T .&7 2 STATE OP MICHIGAN, I „ County of Washtenaw. ( 8S' I, Charles E. Hiscock, cashier of the above named bank, do soiemnly swear that the above tatement is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Correct- Attest: Christian Mack, L. Gruner, W. D. Harriman, Directors. Subscribed and sworn to bef ore me, this 9th day of May, 1891. Michael J. Fritz, Notary Public, Capital stock paid in, $ 50,000 I Total assets, - $]%%%}:'%.}, 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 eities 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 dealiag 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 those days, thus affording the people of this city and county a perfectly safe depository f or their f unds, together with a return in interest tor the same. Money to loan on approved securities. , , _ , _..„. Directors.- Christian Mack, W. D. Harriman, Daniel Hiscock, Wilham Deubel, Willard B. Smith, David Einsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock. Cashier.