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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
19
Month
May
Year
1893
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF At Ann Arbor, Michigan, at the cJose of business, May, 4, 1893. HESOÜKCES. [ LIAB1LITJES. Loans and Discounts, {48,019 17 ranitil atruk rnonnnn Stocks, Bonds, Mortgages, etc, 887V748 28 taPItal etoolc 50,600 00 Overdrafts, 3,657 50 Surplus fund, 100,1)00 00 Real Estáte Furniture and Fixtures. 31,211 (W Undivided proflts, (il 4U4 L9 Current expense and taxespcüd.... 2941 ÜO Dividends unpaid, 445 00 CASH. Due from banks in reserve cities ... 89,148 48 DEPOálTS. Due trom other banks and bankers.. 3,073 88 Certifleates of deposit, 49 300 00 &Sf8rnd8nbnT8:::::::::::::::: 4ïl % comercia, deposita :....:.."" S eo Silver coin, 2,200 00 Savings deposite, 593,474 50 Goldcoiu, 15,000 00 ü. S. and National Bank Notes 1S.803 00 ,,_„,.,. 11,022,339 45 STATE OF MICHIGAN, County of Washtenaw. f l, Ctiurles E. Hiscock, casliier of the above named bank, do solemnly swear that the above Blue i.i.-ut is trueto the best of my knowledgo and belief . Charles E. Hisoock, Cashier. (.' miíKCT- Attest: Christian Mack, W. D. Haiiiman, Davitl Rinsey, Directors, tíubscribed and sworn to before me, this llth day of May, 1893. Michael J. Fritz, Notary Public. Capital security, - 100,000 I Total assets, - $1,000,000.00 Capital stock paid in, $ 50,000 Surplus, - 150,000.00 ïransacts 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 most liberal dealing con istent with safe banking. In the Savings Department interest at the rate of f our per cent. is paid semi-annually, ou the ürst days of January and July, on all sums that were deposited three months previous to those days, thus aflording 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. Directoks.- Christian Mack, W. D. Harriinan, Daniel Hiscock, William Deubel, Willard B. Smith, David Einsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Ilarriman, Vice-President; Chas. E. Hiscock, Cashier, M. J. Fritz, Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News