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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
8
Month
April
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE (XXNDITION OF THE At Ann Arbor, Michigan, at the ekwe of business, Dec. 15, 1897. KESOUKCES. LÏABILIT1ES. Loans and Diseounts t4.0,S79 TA Stocks, Bonds, Mortgages, etc 592,471 "3 Capital stock paid in I 50,000 00 Overdrafts. 562 13 Surptus fund,._ 150,1)00 00 Banking House 20,500 00 üixiivlded proflte less current expenFurniture and Fixtures 7,917 32 es. interest and tuxes p;iid 17,340 35 Other Real Estáte 47,898 tO Dividend unpaid 199.08 CASH. Due from banks in reserve cities ... ]5t488 78 DEPOSITS Duefrom other banks and bankers.. 3.123 41 Commercial deposite, subject to Cheeks and cash items 520 46 beek 185,460 84 Nickels and cents &J7 Tt SftvJnr8 Deposita, 819,907 66 Goldcoiu, 32.11000 Ravings Certifícate of Depoeits 131.854 74 Silver coin 3,300 I Due to Banks and Rankere 19,334 öï ü. S. and National Bank Notes 28,209 00 __[___ 1,374,007 16 51.374,097 16 STATE OF MICHIGAN, I County of Washtenaw. f s' I, Charles E. Hiscock, cashier of the above rsomed hanK. do soiemnly swear that the above statement is true to the best of my knoiyle3?p and i(!iej Chas. B. Hïscock, Cashier, Subscribed and sworn to before me, this 20r5 liay of December, 1887. Htobabi. J. Fritz, Notary Public. Correct Attest: Chmtian Mack, W. D. Harriman, L. Gruner, Directora 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 al) the principal cities of Europe. This bank, already having a laige business, invites merchants 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 rato of three per cent. is paid semi-annually, on the lirst days of January and Jiily, on all sums that were deposited three months preyiotis to those days, thns ;tff ording the people of this city and county a perf ectly safe depository for their funds, together with a return in interest for the same. Money to loan on aporoved securities. Directors.- Christian Mack, Daniel Tliscock, Willard B. Smith, W. D Harriman, William Deubel, David Binsey, L Gruner. Officers.- Christian Maek, President; W. D. Hamman, Vice-'President Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News