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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
24
Month
September
Year
1897
Copyright
Public Domain
OCR Text

REPORT OF THE COXDITIO3Í OF THE At Ann Arbor, Michigan, at the close of business, Oct. 6, 1896. RESOURCES. LIABILIT1ES. Loans and Discounts, 1587,856 17 „ Stocks, Bonds, Mortgages, etc 504,758 16 apital stock paid in { 50,000 00 Overdrafts 831 37 Surplus fund, 150,000 00 House.. 20,500 00 Uodivlded proflts lesscurrentexpenFurniture and Fixtures 8,417 32 ses. interest and taxes paid 4,085 41 Other Real Estáte. 19,920 98 Dividends unpaid, 460 09 CASH Due f rom banks in reserve cities ... 77,245 71 DEPOSIT3. Due from other banks and bankers.. 112 60 Commercial deposita, subject to Checks and cash items 1,742 81 check J mm Niekels and Cents - 467 19 SvingS'DionBV.::::::" rao 842 78 g?"0" ïffl 8 Savinfs CerWates of Deporits...:". 'loimzl ü.'serang'Natïo'naÏBank--Notës;:::::: 'êju 00 Due t0 BankS and Banke..... - 7,595.00 $1,233,528 80 $1,233 528 80 STATE OF MICHIGAN, 1 ' 0o'0s-m County of Washtenaw. f 88I, Charles E. Hiscock, cashier of the above named bank, do soiemnly 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, 189Ö. Michael J. Fritz, Notary Public. Corr.Vït 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 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 flrst 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 Maek, Daniel Hiscock, Willard B. Smith, W. D Harrimon, "William Deubel, David Kinsey, 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