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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
2
Month
June
Year
1893
Copyright
Public Domain
OCR Text

REPORT OF THE COliDITION OF At Ann Arbor, Michigan, at the close of business, May, 4, 1893. RESOURCES. [ LIAB1LITIES. douSfe-,ëa:;:::::: ïl w m oo Overdrafts, : 8,657 50 Surplus fund, 100,000 00 Ki-iil Estáte Furniture and Fixturea. 31,21109 Undivided proflts m 4fl4 20 Cunent expenses and taxes paid.... 2 941 00 Dividend8 Unpmd" ""'""". 445 00 CASH. Due f rom banks in reserve cities ... 89,148 48 DEPOSITS. cSEto SdMtems." 3l489 SS CertiflcateS of de"o8it .29 0" Nickels and pennies .V 62 93 Commercial deposite, 167,665 66 Süver coin, 2,200 U0 Savings dopo&lts, 593,474 60 Gold coiu, 15,000 00 U. S. and National Bank Notes l,S03 00 8 1,022,339 45 11,022,:):;'.) :, STATE OF MICHIGAN, ,, Con n ty oí Washtenaw. f ss' : . Charles E. Hiscoek, cashier of the above namcd bank, do soiemnlr swear that the above ji;.;i raynt is true to the best of my knowledge and belief. Charles E. Hiscock, Cashier. Co BRBOT- Attest: Christian Maek, W. D. Harriman, David Rinsey, Directors. Subscribed and 6worn 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 Transacts a general banking business; buys and sells exchanges on New York, Detroit and Chicago; sells dratts on all the principal cities of Europe. This bank, already having a large business, invites merchants and others to open accounts with them with the assurance of the most liberal dealing consistent with safe bankinsr. 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 this city and county a perf ectly safe depository for their f unds, 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 Rinsey, and L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-President; Chas. K. Hiscock. Cashier, M. J. Fritz, Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News