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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
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REPORT OF THE CONDITION OP THE At Aun Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. LIAB1LIT1ES. Loans and Discounts, Í4KO,:Í7B 73 Stocks, Bonds, Mortgages, etc 592,471 73 Capital stock paid in 50,000 00 Overdrafts 56:2 11! Surplus fund, 150,000 00 Banking House 50,500 00 Undivided proflts lesscurrentexpenFurniture and Fixtures 7,M7 32 ses, interest and taxes pald 17,340 Other Real Estáte 47,898 i Dividendsunpaid 199 00 CASH. Duo from banks in reserve cities ...166,488 78 DEPOSITS Due f rom other banksand bankers.. 3,123 41 Commercial deposits subiect to Checks and cash items 520 46 check 185,460 81 Nickels andcents 887 97 Savings Deposits',!-"!--"'!....'!".'.".--. 813.907 06 Goldcoiu, 32.170 00 SavliiKs Uertiflcates of Deposits 131,854 74 Silver coin, 3,300 00 Due to Banksand Bankers 19,834 57 Ü.S. and National Bank Notes 28,209 00 $1,374,007 16 $1,374,097 16 STATE OF MICHIGAN, i, County of Washtenaw. f88' I, Charles E. Hiscock, cashler 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, Cashier. Subscribed and sworn to before me, this 20th day of December, 1897. Michael J. Fbitz, Notary Public. Cokrect Attest: Christian Mack, 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 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 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 three per cent. is paid semi-annually, on the first days of 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 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 Harriman, "William Deubel, David Rinsey, L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-TTesident Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.


Ann Arbor Argus
Old News