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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
7
Month
May
Year
1897
Copyright
Public Domain
OCR Text

KEPORT OF THE CONDITION OF THE At Ann Arbor, Michigan, at the close of business, Oct. b', 1896. RESOURCES. LIAB1LIT1ES. Loans and Discounts, t507,856 17 r, ■ ,.., ■ -, , .,„„,„ „ Stocks, Bonds, Mortgages, etc 504,758 15 gaP'tal stock paid in $50,000 00 Overdrafts .-...1 Hal 37 Purplus tund, 150,000 00 House 20,500 00 UndivNlod proflts lesscurrentexpen-1 Furniture and Fixtures 8,417 32 ?es. interest and taxes paid 4,(iS5 41 Other Real Estáte i 10,920 98 Dividendsunpaid, 400 00 iue f rom banks in reserve cities 77,245 71 DEPOSITSJuefrom other banks and bankers-. 118 6n Commercial depoeits, subject to 3beeks and cash items 1,742 81 check ' 1873Z3'27 Nickels and Cents 4H7 19 Savlnw Deposite.!.".".""!!""." 780Í842 19 Gold com, aajMW Savings CertifloateR of Depoeits 102.6W.' Silver coin 2,900 00 Due to Banks atid Bankers 7,595 (Xt ü. S. and National Bank Notes 5Z,tSi4 00 11,233,528 0 il.233,528 80' STATE OF MICHIGAN, i County of Washtenaw. f BsI, Charles E. Hiecock, cashier of the above nained bank, do solemnly swear that tbe above statement is trueto the best of my knowledtf and belief. Chas. E. Hiscock, Cashier. Subscribed and sworn to before me, this Oili dH.v if Oetaber, 18SW. Michaki. .1. Fbitz, Notary Poblic. Correct Attest: Christian Mack, W. D. Harriman, VV. 1!. tímith, Directors. Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business; buys aud 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 merchants 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 ürst days oí January and July, on all sums that were deposited three months previous to tliose days, thus affordingthepeople of this city and county a perfectly safe depository for their f unds, together with a return in interest for the same. Money to loan on apnroved securities. Directoks. - Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harrimon, William Deubel, David Hinsey, L G'runer. Officbrs. - Christian Mack, President; W. D. Harriman, Vice-i'resident Chas. Ë. Hiscock, Cashier. M. J. Fritz Ass'1-Cnfshier.

Article

Subjects
Ann Arbor Argus
Old News