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Report Of The Condition Of The Ann Arbor Savings Bank

Report Of The Condition Of The Ann Arbor Savings Bank image
Parent Issue
Day
3
Month
March
Year
1893
Copyright
Public Domain
OCR Text

At Ann Arbor, Michigan, at the close of business, December, 31, 1892. RESOCBCBS. J LIABILIT1ES. Loans and Discounts $449 78132 n ■ i Stocks, Bonds, Mortgages, etc, .. 898844 40 Capital stock 50,800 00 Overdrafts -S.-X8 81 Surplus f und,. 100,000 0Ü Furniture and Fixtures 28,427 92 Undivided proflts 45,535 52 CASH. Diridcnds unpaid, 2,956 00 Due from banks in reserve oities 119,980 87 Due froni other banks and bankers 520 84 DEPOisITS. 'S ?". „faepctt 1900 Süver coin 2,;oo 00 Commercial deposits, 203.040 53 Goldooin 19,000 00 Sa-rings deposits, 57S 743 "7 tT. S. and National Bank Notes, 12,826 00 Due from School District No. 1, A. A. 1,244 60 ' Í 1,084,194 82 81,034,194 32 STATE OF MICHIGAN, I County of Washtenaw. f8sI, 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, Cashier. Correct- Attest: Christian Mack, W. B . Smith, L. Grunei-, Directors. Subscribed and sworn to before me, this 3rd day of January, 189:!. Michael J. Fbitz, Notary Public. Capital security, - 100,000 I Total assets, - $1,000,000.00 Capital stof b paid in, $ 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 cities of Europe. This bank, already having a large business, invites nierchants and others to open acccuuts with them with the assurance of the most liberal dealinsr cou"istent with safé banking. In the Savings Department interest at the rate of four per cent. is paid semi-annually, on the tirst days af January and July, on all sums that were deposited three months previous to those days, thus affordingthepeople 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 approved securities. Directohs.- Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Rinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President: Chas. E. Hiscock. Cashier, M. J. Fritz, Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News