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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
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REPORT OF THE CONDITIONOF At Ann Arbor, Michigan., at the close of busmess May, 4, 1891. RESOURCES. LIABILITIES Loans and Discounts, 431,333 71 „ .. , . , ' ,,nM„ Stocks, Bonds, Mortgages, etc, 244,310 24 Capital stock $ 5O,ÜOU OU Overdrafts, 10,043 26 „mius fnnfl 10000000 Furniture and Fixtures 1,930 85 burplus fund lw'm w Current expenses and taxes paid, 2,288 15 Undivided proflts, 33,339 97 CASH. Dividends unpaid 356 00 Due from banks in reserve cities 101,140 90 nppnsiTi Due f rom other banks and bankers.. 1,785 83 ufiruouo. ,.„„. M Checks and cash items, 229 80 Commercial deposita, Io9,786 &i Nickels and pennies, 14153 o. _.,__. rtpnnait 455 535 90 Goldcoin 15,000 00 bavm#s deposits üjo.ix Silver coin, .. -------- 2,800 00 Certiflcates of deposit 38,548 68 U. S. and National Bank Notes 15,958 00 - 27 SS2T.567 STATE OF MICHIGAN, I .. County oí Washtenaw. f bs' I, 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, Casmer. Correct- Attest: Christian Mack, L. Gruner, W. D. Harriman, Directors, 'Subscribed and sworn to before me, this 9th day of May, 1891. . Michael J. Fritz, Notary Publi c 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 drafts on all the principal cities of Europe. This bank, already having a large business, invites ruerchants 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 perfectly safe depository for their f unds, together with a return in interest f or 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. Officbrs.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock, Cashier.