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The Arbor Savings Bank!

The Arbor Savings Bank! image
Parent Issue
Day
1
Month
December
Year
1893
Copyright
Public Domain
OCR Text

REPORT OF THE CONDlTTOTsr nv At Ann ATDor, Michigan, at the close of business, Oct. 3, 1893. RESOURCES. Loans and Discounts .. 403,932 57 .lABILITIES. Stocks, Bonds, Mortgages, etc, 380,021 75 Capital stock I 50 000 00 Overdrafts &50 75 „ Real Estáte, Furniture. Plxtures and Surplus fund, 150,000 00 Safetv Deposit Vaults 37,243 55 TTndivi'dert nrnfltn r ikí ru Current expenses and taxes paid.... 2,489 1 unomaea pronts, 8,054 04 CASH DlTidends unpaid, 753 0 Due from banks in reserve cities 96,628 88 noDnciT Due l'rom otber banks 415 00 DEPOSITO. Due from school District No. I, A. A. 1,89104 _ .. . . Cbecks and cash items 1.5M) 96 Certiflcateo of deposit, 60,763 7S Nickels and pennies 162 33 fommercipl diDosits 1B7O1Q9Í Silver coin, 2,500 00 lolnraeinlJ aiposus lBi„2l o Goldcoiu, 20,000 00 Savings depositó 540,16193 ü. S. and National Bank Notes, 33,966 00 __J__ Í981.932 01 Ï9S1.952 01 8TATE OF MICHIGAN, I County of Washtenaw. f88" l.l'harles E Hiscock, cashier of the above named bank, do soiemnly swear that the au' siatement is true to the best of my knowledge and belief. Chas. E. Hiscock, Cashier. Cuhrect- AtteBt: Chrlstian Mack, W. D. Harriman, L. Gruner, Directors, Subscribed and sworn to before me, this 6th day ot October, 1893. Michael J. Fritz, Notary Public. Capital security. - $100,000 I Toal assets, - $1,000,000.00 Capital stock paid in, 50,000 1 Surplus, - - 150,000.00 Transacts a general banking business; buys and sells exchanges on New York, Detroit and Chicago; sells draits on all the principal cities of Europe. This bank, already having a large business, invites ruerchants 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 four per cent. is paid semi-annually, on the first days of January and July, on all sums that were deposited three months previous to those days, tlms affordingthepeople of this city and county a perf ectly safe depository for their funds, together with a return in interest for the same. Money to loan on apüroved secunties. Directors.- Christian Mack, W. D. Harriman, Daniel Hiscock, Wilham 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