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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
18
Month
February
Year
1898
Copyright
Public Domain
OCR Text

KB PORT OP THE CONDITION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. LIABILIT1BS. LoaQsand Discounts, 1480,279 73 „„, _., Stocks, BondB, Mortgages, etc 592,471 73 Capital stock paid In I 80,000 ÜU Overdrafts 562 13 Surplus fund 150,000 Uu Banking House 30,500 00 Undivlded proflts lesscurrentexpenFuraiture and Fixtures 7,917 32 ses, interest and taxes paid 1'1 5 Other Real Estáte 47,898 63 Dividends unpaid 1OT m CASH. nnpnsiTS Due from banks in reserve cities ... 156,488 78 uaryjoi a Due f rom other banks and bankers.. 3,123 41 Commercial deposita, subject to Checks and cash items 520 46 check 185,460 84 Nickels and cents 637 97 Savings Deposits 813,907 66 Goldcoin, 32,170 00 SaviiiRs Certifloateo of Deposits 131,854 74 Silver coin 3,300 00 Due to Banks and Bankers 19,334 67 ü. S. and National Bank Notes 28,209 00 $1,374,097 16 $l,3T4,097 16 8TATE OF MICHIGAN, I oo County of Washtenaw. f88,. . lh, I, Charles E. Hlscock, oasbler of the above named bank, do soiemnly swear that toe above statement is true to the best of my knowledge and belief. Chas. E. Hiscock, Casnier. Subscribed and sworn to before me, this 20th day of Doeember, 1897. Miohael J. Frite, Notary Public. Correct Attest: Christian Maok, W. D. Harriman, L. Gruner, Direotors 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 otners to open acccunts with them with the assurance of the most liberal dealmg consistent with safe banking. . . . In the Savings Department interest at the rate of three per cent. is paia semi-annually, on the flrst days of January and July, on all sums tnat were deposited three months previous to those days, thus affording the people ol tnia city and county a perfectly safe depository for their f unds, together witn a return in interest for the same. Money to loan on apüroved securities. Dibectors.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harriman, William Deubel, David Rinsey, L. Gruner. Oft-icers.- 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