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Ann Arbor Savings Bank

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

KEPOItT OF THE COXDITION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. LIAB1LIT1ES. Loansand Oiscounts,. 14X0,279 73 Stocks, Ronda, Mortsrages, etc 502.471 T-i Capital stock paid in i 50,000 00 Overdrafta 562 13 Surplus fund, 150,1)00 00 Banking House 20,500 00 ündivided profits lesscurrentexpenFurniture and Fixtures 7,91732 ses. interest and taxes paid 17,340 J Other Real Estáte 47.89S 0:5 Dividendaunpaid, 190 00 CASH. Due f rom banks in reserve cities ...156,488 78 DEPOSITS. Due from other banks and bankers.. 8,123 41 Commercial deposita, subject to Cbecks and cash items 520 46 check ] S5.4IS0 84 Nickels and cents 637 97 Ss.vinjrs Dopoeits 813,907 66 Goldcoin, ag.nooo Savlnga Certificaten of Deposita, 131,854 74 Silver eom,. .... 3,300 00 Due to Banks and Bankers-.V. 19,834 57 ü. S. and Is ational Bank Notes :s,2U9 00 $1, 374,007 IB íl.874,097 16 STATE OF MICHIGAN, I County of Washtenaw. (88I, Charles E lliscock, cashier of the above named bank, do soieinnly swear that toe abovf statement is true to the beat of my knowlediee and belief. Citas. E. Hiscook, Cashier. Subacribed and sworn to before me, this 20th day of December, 1897. MlOHAVti .1. Fhitz, Notary Public Correct Attest: Christian Maok, W. D. Harriman, L. Gruner, Directors 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 merchante 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 three per cent. is paid semi-annually, on the ürst daysi 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 Mack, Daniel Hiscock, Willard B. Smith, W. D Harriman, William Deubel, David Kinsey, L. Gruner. Officeks. - Christian Mack, President; W. D. Harriman, Vice-Tresident Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News