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The Ann Arbor Savings Bank!

The Ann Arbor Savings Bank! image
Parent Issue
Day
27
Month
October
Year
1893
Copyright
Public Domain
OCR Text

REPORT OF THE COJiDITION OF At Ann Arbor, Michigan, at the close of business, July 12, 1893. RESOURCES. LIAB1LITIES. Loansand Discounts, 1438,686 48 Stocks, Bonds, Mortgages, etc., 379,379 38 Capital stock t 60,000 00 BankingHouse 18,500 00 fl.nj iviimnnn Overdrafts 3,270 59 Surplus fund, loO.OOO 00 Furniture. Fixtures and Safety DeUndivided profltB 2 261 29 posit Vaults 12,725 29 Other Real Estáte 4,997 07 Dividends unpaid 55100 Current expenses and taxes paid 61 94 Bills iu transit 673 10 DEPOSITS Due from banks in reserve cities -106,676 41 Individual deposita 157145 46 Due f rom other banks and bankers. . 1,420 54 Checks and cash items, 694 34 Certiflcatea of dpposit, 57,295 00 ?e.:::::::::::::::. 2,4 3 , n. Goldcoiu, - 17,00000 ü. S. and National Bank hotes, 21,471 00 $ 1,008,537 18 $1,008,537 18 STATB OF MICHIGAN, 1 fiiiinivof Washtenaw. (SB iNticbael J. Fritz, assistantcashier of the above named bank, do solemnly swear that the al uvatement is true to the best of my knowledge and belief. M. J. Fritz, Assistant Cashier. Cobhect- Attest: Christian Mack, L. Gruner, W. D. Harriman, Directora. Subscribed and sworn to before me, this 15th day of July, 1893. L Grcner, Notary Public. Capialsecuriy, - $100,000 I Toal ass s, - $1,000,000.00 Capial sock 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 aU the principal cities of Europe. This bank, already having a large business, invites merchants and othera to open accounts with theni with the assurance of the most liberal dealing conistent with safe banking. In the Savings Department interest at the rate of four per cent. is paid semi-annually, od 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. Directobs -Christian Mack, W. D. Harriman. Daniel Hiscock, William Deubel, Willard B. Smith, David Einsey, 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