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First National Bank

First National Bank image
Parent Issue
Day
15
Month
December
Year
1893
Copyright
Public Domain
OCR Text

The presence of several substantial financial institutions in a city like Ann Arbor of course indícateos the solid commercial importance and the healthy condition of its trade. Oue of the leading banks here, and recognized not only as an invaluable adjunct to the progress aud development of this portion of the state but as one of the most substantial and reliablein Michigan, is the First National Bank. It was organized in 1863 with a paid up capital of 100,000. lts business is a general banking business of loanining money on approved security, the purchase and sale of foreign and domestic exchange, the carrying accounts of individuals upon the most liberal terms, eet. It has direct communication with the leading monetary centers; enjoys the highest credit and its career has been one of uninterrupted prosperity. The officers are Phillip Bach, president; Harrison Soule, vice-president; and S. W. Clarkson, cashier. Tfiese gentlemen have lrved here many years and are identified with every enterprise that adds to the material wealth and prosperity of Ann Arbor. The bank is one of the most noted in the state and holds charter number22under the National banking act; but rightfully should have received the first charter issued to National banks in this country.

Article

Subjects
Ann Arbor Argus
Old News