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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
3
Month
February
Year
1893
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Anu Arbor, Michigan, at the close of business, December, 31, 1892. RESOURCES. . MAB1LITIES. S&XfCDdfMUo?fcs;ëtc:; S 8 Capital stock , 60,800 00 Overdrafts, 268 81 Surplus fund, 100,W0 00 Furniture and Fixtures 26,427' 93 UndiviOed proflts, 45,536 68 CASH. Dividends unpaid, 2,9S6 00 Due from banks in reserve eities .... 119,980 87 tiddtoïc; Due f rom other banks and bankers 520 84 un-rusus. NicCeirandCpaenhniesm8 ''S? g Certifícate of deposit 58,919 0 Silver coin, _.'.'. 2,300 00 Commercial deposits, 203,040 5S Goldcoin,.. 19,000 00 Sa vinps deposits, .578,743 27 tT. S. and National nank Notes, J2.325 00 Due from School District No. I, A. A. 1.244 60 I $ 1,034,194 32 $1,034,194 : STATE OF MICHIGAN, I oo County of Washtenaw. f ss" I, Charles E. Hiscoek, cashier of the above named bank, do soiemnly swear that the above statement is true to the best of my knowledge aud belief. Charles E. Hiscock, Cashier. Cokbect- Attest: Christian Mack, W. B . Smith, L. Gruner, Directors. Subscribed aud sworn to before me, this 8rd day of January, 1893. Michabl J. Fbitz, Notary Public. Capital security, - 1 00,000 I Total assets, - $1,000,000.00 Capital stock paid iu, $ 50,000 Surplus, - - 150,000.00 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 nierchants and others to open accounts with them with the assurance of the most liberal dealine consistent with safe banking. In the Savings Department interest at the rate of four per cent. is paid semi-annually, on the ürst days of January and July, on all sums that were deposited three months previous to those days, thus affording the people of ( liis 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. Directors.- Christian Mack, W. D. Harriman, Daniel Hiscock, Wilü;un Deubel, Willard B. Smith, David Einsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman Vice-Pre=identChas. E. Hiscock. Cashier, M. J. Fritz, Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News