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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
12
Month
May
Year
1893
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Ann Arbor, Michigan, at the close of business, December, 31, 1892. RESOURCES. I LIAB1LITIES. Loans and Discounts, 1449,781 32 camt stoofe ■ en ann n Stocks, Bonds, Mortgages, etc., . 398 344 40 oaPltal stocK 150,600 00 Overdrafts 2,268 81 Surplus fund 100,1)09 00 Furniture and Fixtuies 26,427 92 Undivlded proflts, 45,535 58 CASH. Dividends unpaid, 956 00 Due from banks in reserve cities ... 119,980 87 nuonoiTa Due fromother banks and bankers.. 520 84 ujsrva.no. mÏÏtoSSiïëiïtor hZ iü Certificaten of deposit 68,919 00 Silver coin,... . .....r.."...".".".".".".'.".'.'.'. 2,300 00 Commercial deposits, 203,040 53 Goldcoiu, 19,000 00 Savings depnsits 578743 2ï D. S. and National Bank Notes, 12,325 00 Due from School District No. 1, A. A. 1,244 60 ■ O 1,U'.4,194 -j-j 1,034,194 32 STATE OF MICHIGAN, I Count y of Washtenaw. [ s" I, ('baríes E. Hiscock, cashier of the above named bank, do soiemnly swear that the above Ibileinent is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Cokuect- Attest: Christian Mack, W. B . Smith, L. Grunei-, Direotors, óubseribed and sworn to before me, this 3rd day of January, 1893. Michael J. Fritz, Notary Public. Capital security, - 100,000 I Total assets, - $1,000,000.00 Capital stock paid in, $ 50,000 Surplus, - 1 50,000.00 Transacts a general banking business; buys aud sells exchanges on New York, Detroit and Chicago; sells drafts on all the principal cities of Europe. This bank, already háving a large business, invites nierchants and others to open accounts with them with the assurance of the most liberal dealing consistent with safe banking. In the Savings Department interest at the rate of f our 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 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. Directors. - Christian Mack, W. D. Harriman, Daniel Hiscock, William Deubel, Willard B. Smith, David Kinsey, 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