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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
31
Month
December
Year
1897
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF THE At Arm Arbor, Michigan, at the close of business, Oct. 6, lS9(f RESOURCES. LIABILIT1ES. Loans and Diseounts, 1507 856 17 „ , , . ,. .,.„.„, Stocks, Bonds, Mortgages, etc 604 758 15 Capital stock paid in 3?SS m Overdrafts af 87 Surplus fund, 150,1)00 00 Banking House 20500 00 Undivided proflts loss currentexpen-, Furniture and Fixtures 8417 32 sos, Interest and taxes paid 4,0) l Other Real Estáte 19',D20 98 Dividends unpaid, 4H0 uw Duefrom banks in reserve cities ... 77,245 71 DEPOSITS. Doiefroni other banks and bankers.. 112 60 Comrnerciai deposita, subject to Check8 and cash items 1,742 81 check 187 323 27 Nlckels aud Cents 467 19 Sartnes'Dëpögltsil.""."." .... .".1 730,842 76 Goldcoiu, ... 86.162 60 Savlnss Certiflcates of Deposite 102,622 36 Süvercoin 2,900 00 Due to Banks and Bankers 7,595.00 Ü.S. and National Bank Notes, :. 52,614 00 $1,233,528 80 . $1,233,538.80 STATE OF MICHIGAN, o County of Washtenaw. (BS1, Charles E. Hiscock, cashier of the above named bank, do soiemnly awear that tbc above statement is true to the best of my knowledge and belief. Chas. E. Hiscock, Cashier. Sub8cribed and sworn to before me, thls 9th day of Octaber, 1898. MiCHAEr. J. Fritz, Notary Public. CobrSCt Attest: Cbrlstian 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 exchangs 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 otners 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 three 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 tnis city and county a perfectly safe depository for their f unds, 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 Einsey, 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