Press enter after choosing selection

Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
2
Month
July
Year
1897
Copyright
Public Domain
OCR Text

KEPORT OF THE CONDITIOIST OF THE At Ann Arbor, Michigan, at the close of business, Oct. 6, 1896. RESOURCES. LIAB1LIT1ES. Loans and Discounts, 1507 856 17 „ Stocks, Bonds, Mortg-ages, etc 504,758 15 Capital stock paid In ( 50,000 00 Overdrafts i31 37 Surplus fund, 150,000 00 Banking House 20,500 00 Undivided profits lesscurrentexpen-; Furniture and Fixtures 8417 32 ses. interest and taxes puid 4,085 41 Other Real Estáte .-.. 19,920 98 Divldendsunpaid 4tio 00 CASH Due f rom banks in reserve cities 77,245 71 DEPOSITSi Duefrom other banks and bankers.. 112 60 Commercial deposits, subject to Checks and cash items 1,742 81 check iRi -w. 17 ü. S. and National Bank Notes Ö2,6H 00 Uue tolJanlisand Bankers - 'a9-00 11,233,528 80 ïl,233,528 80 STATE OF MICHIGAN, i " County of Washtenaw. f88I, Charles E. Hiscoek, cashier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. Chas. E. Hiscock, Cashier. Subscribed and sworn to before me, this 9th day of Octaber, 1896. Michael J. Fbitz, Notary Public. Correct Attest : Christian Mack, W. D. Harriman, W. B. Smith, Directors. Capital, $50,000. Surplus, $150,000. Resources, $1,000,000 Transacts a general banking business; buys and sells exchanges ou New York, Detroit and Chicago; sells drafts on all the principal cities of Europe. This bank, already having a large business, invites nierchants and othera 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, 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. Directors.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harrimon, "William Deubel, David Rinsey, 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