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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
19
Month
August
Year
1892
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Ann Arbor, Michigan., at the close of business May, 17, 1892. HES0URCE3. LIABILITIES. Loans and Diacounts, Ï437.5Ü0 28 p.,,. at„t ,,„miïl Stocks, Bonds, Mortgages, etc, 287,675 12 OaPltal 8toelc oO.OOO 00 Overdrafts, 6,380 28 Surplusfund, 100,000 00 Furniture and Fixtures 1,930 8 Undivlded pronta 51,500 36 Current expenses and taxes paid 2,oll 68 Dividends unpaid '377 CASH. Due f rom banka in reserve oities 203,243 35 DEPOSITS. Duefromotherbanksandbankers.. 1,40196 Banks and Bankers 180 60 Checks and cash items, 256 48 rortimit nf Honnoit itixiwi Nickels and pennies, „ 83 13 Certiflcates of deposit 47,763 53 Silver coin,.. 1,800 00 Commercial deposita, 189,317 80 Goldcoin, 15,000 00 Savings deposita 531,815 84 U. S. and National Bank Notes, 13,172 00 Í9Í0.955 13 $970,955 13 STATE OP MICHIGAN, I „ County of Washtenaw. f I, Charles E. Hiscock, cashier of the above named bank, do èoiemnly swear that the above statement is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Corbect- Atte9t: Christian Mack, W. D. Harriman, David Hinsey, Directors, 8ubscribed and sworn to before me, this 21st day of May, 1892. Michael J. Fritz, Notary Public. Capital stock paid in, $ 50,000 I Total 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 naving a large business, invites merchants and others to opeu accounts with them with the assurance of the most liberal dealing consistent with safe banking. In the Saviugs Department interest is paid semi-annually, on the flrst days of January and July, on all surns that were deposited three months previous to those 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 apüroved securities. Directoks.- Christian Mack, W. D. Harrinmn, Daniel Hiscock, William Deubel, Willard B. Smith, David Einsey, and L. Gruner. Officeus.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. E. Hiscock. Cashier.

Article

Subjects
Ann Arbor Argus
Old News