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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
1
Month
October
Year
1897
Copyright
Public Domain
OCR Text

REPORT OF THE COXDITIOX OF THE At Ann Arbor, Michigan, at the close of business, Oct. 6, 1S96. RESOURCES. LIAB1LIT1ES. LoansandDiscounts, 1507,856 17 n .. , , Stocks, Ronds, Mortgag-es, etc 504,758 15 Capital stock paid in f 50,000 00 Overdrafts 83137 Surplus fund, 150,000 00 House 20,500 00 Lndivided proflts lesscurrentexpenFurniture and Fixtures -. .. 8,417 32 ses. interest and taxes paid 4,085 41 OtherHeal Estáte 19,920 9S Dividendsunpaid 460 U0 CASH Due f rom banks in reserve cities ... 77,245 71 DEPOSITS. CbeUr8Tnrchar.n.dba.nk.?;; g g Cocictal dep0BitS' Subct Kiann4Cent' ■ mUSÜS savias epoïfts;::::::":::::::::::::; %$&% Suierooin "- 1 900 00 pavings CertiflcateP of Deposits 108622:88 O -S andKatïo'naYBank-NÖt'eB;:::": 52,6U 00 Due t0 Baaks and Bankew.... - 7,595.00 STATE OF MICHIGAN., Vo SL233.528.80 County of Washtenaw. ( 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, 1896. Michael J. Fbitz, Notary Public. Corrv:t 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 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 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 flrst days of Jánuary and July, on all sums that were deposited three months previous to those days, thus affording the people of thia city and county a perfectly safe depository for their f unds, together with a re;urn in interest for the same. Money to loan on approved securities. Directors.- Christian Mack, Daniel Hiscoek, Willard B. Smith, W. D Harrimon, William Deubel, David Rinsey, L. Gruner. Offickrs.- Christian Mack, President; W. D. Harriman, Vice-T'resideiit Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News