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The Ann Arbor Savings Bank!

The Ann Arbor Savings Bank! image
Parent Issue
Day
26
Month
October
Year
1894
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITIOX OF At Arm Arbor, Michigan, at the close of business, October 2, 1894. RESOURCES. LIABILITIES. Loansand Discounts 1385,685 75 Ov'erdratondS' Uortg&se3' et0 '"m 31 Capital 8t0Ck puid in ' 5O-000 Banklnghpnseï.V.V."""""'-'-"'.'""." 2o5OO 00 Surplus fund 150,000 00 Furniture, Fixturea and Safety Deündivided proflts 12,19165 oSVaTÈSafe::::::::::::::::::::: ï$8% Divwend.unp.id ot Current expenses and taxes paid 2,533 25 CASH. DEPOSIT3. - Due f rom banks in reserve cities ... 158,266 08 Due f rom other banks and bankers.. 1,592 87 Banks and Ban kers 5,200 68 Checks and cash items 1,319 74 Certificaten of deposit, 81352 11 Nickelsand pennies 2u5 41 „ ... . ' Gold coiu,.... 30,00000 Commercial deposita 20 ,1(20 Silver coin, 2.500 00 Savings deposits 012,900 Uú U. S. and National Bank Notes, 23,749 00 11,120,406 11 1,120,408 11 STATE OF MICHIGAN, I as County of Washtenaw. fBS' I, Charles E Hiecock, cashier of the above aamed bank, do solemnly swear that the above statement is true to the best of my knowledge and helief. Chas. E. Hiscock, Cashier. Correct- Attest: Christian Mack, W. D. Harriman. W. B. Smith, Directora. Subscribed and sworn to before me, this 5th day of October, 1894. Michael J. Fbitz, Notary Public. Capital security, - $100,000 I Toal 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 drafts on all the principal cities of Europe. This bank, already having a large business, invites ruerchants and others to open accounts vvith 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 tirst days of January and July, on all sums that were deposited three months previous to those days, thus affordingthepeople of this city and county a perfectly safe depository för their funds, together with a return in interest for the same. Money to loan on apüroved securities. Directors.- Christian Mack, W. D. Harriman, Daniel Hiscock, "William Deubel, Willard B. Smith, David "iusey, and L. Gruner. Officers. - Christian Mack, resident; W. D. Harriman, Vice-President; Chas. E. Hiscock. Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News