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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
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REPORT OF THE CONDXTIONOF At Ann Arbor, Michigan., at the close of business May, 4, 1891. Loans and Disoounts, 431,333 71 „ ... . , LIABILITIES. Stocks, Bonds, Mortgages, etc, 244,316-24 Capital stook..... $ 50,000 00 Overdrafts 10,642 26 Kiirnliisfund 100 000 00 Furniture and Fixtures 1,930 85 burplus tuad' luUlUW w Current expenses and taxes paid, 2,288 15 Undivlded proflts, 33,339 97 CASH. DIvidends unpaid, 356 00 Due f rom banks in reserve cities 101,140 90 tiuptotts Due f rom other banks andbankers.. 1,785 83 iiüruöiia. Checks and cash items, 229 80 Commercial deposita,.. 159,786 83 gor-ple.!v:-::::::::::::::: .JSS 455,53590 MSfaaEfflii! Certifleatesofdeposit... .._XJW 827,567 37 ' SS27.587 STATE OF MICHIGAN, I „ County of Washtenaw. f BB' I, Charles E. Hiscock, oashier 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, Caeaier. Correct- Attest: Christian Mack, L. Gruner, W. D. Harriman, Directors, Subscribed and sworn to before me, this 9th day of May, 1891. ... Michael J. Fbitz, 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 drafts on all the principal cities of Europe. This bank, already having a large business, invites nierchants and others to open accounts with them with the assurance of the inost 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 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 for the same. Money to loan on approved securities. Directors.- Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Einsey, and L. Gruner.Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock, Cashier.