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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
4
Month
February
Year
1898
Copyright
Public Domain
OCR Text

REPOIiT OF THE CONDITION OF THE At Arm Arbor, Michigan, at the close of business, Dec. 15, 1897. BESOÜKCBS. LIAB1LIT1ES. Loans and Discounts, 1480,279 73 snnmnn Stocks, Ronda, Mortgaees, etc 692,471 78 Capita stoot paid in BO.O00 00 Overdrafts 562 13 Surplus fuud 15U.UUU w Banking House:::." 20,50000 Undivlded profltslesscurrentexpenFuruiture and Pixtures 7,017 32 ses, interest and taxes paid 'ii oft Other Keal Estáte 47,898 63 Dividends unpaid uw w _ CASH. DEPOS1TS Due from banks in reserve cities . ... 156,488 78 Duefrom other banks and bankers.. 3,123 41 Commercial deposita, subject to Checka and cash items 520 46 check 2?5'í$ Nickels and cents - 37 97 gavinas Deposite, S'.ï'Sïi ,i Goldcoiu, 32,170 00 SavlnRH Certificaten of Deposits, 131,854 T4 Silver coin, 3,300 00 Due to Banks and Bankers 19,334 8 i ü. 8. and National Bank Notes 28,209 00 $1,374,097 16 W.W.0" 15 STATE OF MICHIGAN, I LXriM?iK casuier of the above named tank. do ■ Bo'emnly w ttattt above statement is true to the best of my kuowledere and belief. Ohas. E. Hibcook, Casnier. Subscribed and sworn to before me, this 20th day of jBocember, 189, publJo_ CORRECT Attest: Christian Mack, W. D. Harriman, b. Gruner, Direotors. Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business; buys and sells exchangea on New York, Detroit and Chicago; sells drafts on all the principal cities of Europe. This bank, already having a large business, invites merchante and others to open accounts with them with the assurance of the most liberal dealing consistent with safe bankine. . . -j In the Savings Department interest at the rate of three per cent. is paw semi-annually, od the flrst days of January and July, on all sums that were deposited three months previous to those days, thus affording the people of tms 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 secunties. Directors.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. V Harriman, William Deubel, David llinsey, L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-resideni Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News