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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
13
Month
August
Year
1897
Copyright
Public Domain
OCR Text

KEPOKT OP THE CONDITION OF THE At Ann Arbor, Michigan, at the close of business, Oct. 6, 1896. RESOURCES. LIAB1LIT1ES. sClironTMonlagev;Vcv::::::lIS S r rcl paid In ffi Overdrafts 83137 ?Tul?.lu5 fïnd-1- f 150,000 00 Banking House - 20,500 00 Undivided proflts lesscurrentexpenFurniture and Fixtures 8,417 32 ses. interest and taxes paid 4,0Rt 41 Other Real Estáte 19,920 98 Dividende unpaid, 480jO Duefrombanks in reservé cities.... 77,245 71 DEPOSITS. Duefrom other banks and bankers.. 113 60 Commercial deposita, subject to Cbecks and cash items 1,742 81 check 187 523-27 Nickels and Cents. 467 19 Savinjrs Deposits, "'..'.'..'.'. 730Í842 76 Gold coiu, 3b.lb 60 Savings Oertifleates of Deposits 102,622336 Silver cmn, 2,900 00 Due to Banks and Bankers 7,595 00 D. S. and National Bank Notes, 52,614 00 f1,233,528 80 $1,233,528 S0 STATE OF MICHIGAN, I County of Washtenaw. f 88I, Charles E. Hiscock, cashier of the aboye named bank, do soiemnly swear that the above 8tatment 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. Fritz, Notary Public. Correct Attest: Christian Mack, 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 on New York, Detroit and Chicago; sells drafts on all the principal cities of Europe. This bank, already having a large business, invites inerchants 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 perf ectly safe depository for their f unds, together with a return in interest for the same. Money to loan on approved securities. Directoks. - Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harrimon, William Deubel, David Rinsey, L. Gruner. Officers. - Christian Mack, President; W. D. Harriman, Vice-T'resident Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News