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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
9
Month
July
Year
1897
Copyright
Public Domain
OCR Text

REPORT OF THE CONLUTION OP THE At Ann Arbor, Michigan, at the close of business, Oct. 6, 1890. RESOURCES. LIABILIT1KS. LoansandDiscounts, 1507,85 17 ,-, . , Stocks, BoDds, Mortgages, etc 504,758 15 Capital stock paid in I 50.000 00 Overdrafts 831 37 Surplus fund 150,000 00 Banking House 20,500 00 ündinded proflts iesscurrentexpen-; Furniture and Fixtures 8417 32 ses. interest and taxes paid 4,085 41 Other Keai Estáte 19,920 98 Divídenos unpaid 480 00 CASH Due from banks in reBerve' cities ... 77.245 71 DKPOSITS Duefrora other banks and bankers.. 112 60 Commercial deposita, subject to Checks and cash items 1,742 81 check J 1S7 323 7 Níckeis and cents 467 19 savings Depbïiie;::::::::::::::;:::;: 73034276 h?tot ?Pn ""' "m Savings Certificares of Deposits 102,622;: OllVer COin, 2,900 00 DllptnRflnllsanl RanirAra ? SQni ü. S. and National Bank Notes. 52;6!4 00 me toUanfcs"11 Bankers - ''S90-00 $1,233,528 80 L1,233,528 80 STATE OF MICHIGAN, i County of Washtenaw. ( 8B' I, Charles E. Hi6oock, cashier of the above natnod bank, do solemnly ewear 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: Chrietian Maek, W. D. Harriman, W. B. Smith, Directora. 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 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 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 f unds, together with a return in interest for the same. Money to loan on apDroved securities. Directors.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harrimon, William Deubel, David Rinsey, L. Gruner. Officeks. - 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