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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
15
Month
April
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE COKOITION OP THE At Arm Arbor, Michigan, at the ckse of business, Dec. 15, 1897. RESOURCES. LÏABILIT1ES. Loans and Discount, WS0,iT9 7 Stocks, Bonds, Mortgages, etc 592,471 13 Capital stock paid in I 50,000 0G Overdrafts 562 li Surplus fnnd, 150,000 00 Banking House 30,500 00 Padivided protits less current expenFurniture and Fixtures 7,!17 32 ses. interest and taxes paid 17,340 35 Other Keal Estáte $7,898 63 Divídenos uu paid 199.00 CASH. Due f rom banks in reserve citie ... 156.488 7S DEPOSIT9 Dnefrom other banks and bankers.. 3, 123 41 eomracrcia) depoeits, subject to . Cbecks and cash items 520 4tf check - 1S5460 84 Nickels andcents 637 97 Savings DejK"1t8,!!]."-""III!."!"."".!..! 813907 66 Goldcoin, SH"! Savlngs Certifícate of Deposits 131.854 74 Silver coin . 3,m 09 lm. to Banks md Hankers 19,334 57 U.S. and National Bank Notes 28,209 00 _J___ ,371,097 15 ,374,097 16 STATE OF MICHIGAN, I County of Washtenaw. f B8I, Charles E. Hiecock, cashier of the aboro umed bank, do soiemnly swear that the above statement is true to the best of my knowtedjf f and belief Chas. E. Hiscock, Cashier. Subscribed and sworn to bef ore me. this 20ib day of December, 18H7. MtChaei. J. Fritz, Notary Public. Correct Attest: Christian Mack, W. D. Havriman, L. Giunor, Oirectors Capital, $50.000. Surplus, $150.000. Resources, $1,000,000. Transacts a general banking business-, buys an1 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 nierchants and others to open accounts with thern 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 aníi Jly, on all sums that were deposited three months previoiis to thoae days, thus affording the people of this city and county a perf ectly safe depositoiy for their f unds, together with a return in interest for the same. Money to loan on aporoved securities. Directoks.- Christian Mack, Daniel BJscock, Willard B. Smith, W. D Harriman, William Deubel, David Binsey, L. Gruuer. Officees.- Christiau Mack, President; W. D. Harriman, Vice-Tresident Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News