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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
29
Month
April
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE COMDIT1ON OF THE At Ann Arbor, Michietan, at the close of business, Dec. 15, 1897. RESOURCES. LIABILIT1ES. Loans and Discounts, 480,279 73 ..nnninr. Stocks, Bonds, Mortgages, etc 593,471 73 Capital stock paid in t 50,000 00 Overdrafts 562 13 Surplus fund 150,000 00 Banking House 30,500 00 ündivided proflts lesscurrentexpenFurniture aud Fixtures 7,917 32 ses. interest and taxes paid 17,340 35 Other Real Estáte 47,89 63 DividendBunpaid, 199 00 CASH. nTCPrwnx Due from banks in reserve cities . ... 156,488 78 Duefromother banks and bankers.. 3,123 41 Commercial deposits, subject to Cbecks and cash items r. 520 48 check - 185,460 84 Nickels and cents 837 97 Savings Deposita 813,907 66 Goldeoin, 32.170 00 Savings Certifícate of Deposits 131,854 74 Silver coin 3,300 00 Due to Banks and Bankers-- -. 19,334 57 ü. S. and National Bank Notes 28,209 00 $1,374,097 16 $1,374,097 16 STATE OF MICHIGAN, 1 County of Washtenaw. (BB I Charles E. Hiscock cashier of the above named bank. do solemnly swear that the above statement is true to the best of my knowledire and belief. Chas. E. H ibcock, Cashier. Subscribed and sworn to before me, this 20tb day of Di-comber, 1897. Michabi. J. Fbitz, Notary Public. CORRECT Attest: Christian Maek, W. D. Rarriman, L. Gruner, Directora Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business-, buys and sells exchanges 011 New York, Betroit and Chicago; sells drafta on all the principal cities oí Europe. This bank, already having a large business, invites merchants and otners 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 Jamiary and July, on all sums that were deposited three months preriotss 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-resident Chas. E. Hiscock, Cashier M. J. Frita Asst-Cashier.

Article

Subjects
Ann Arbor Argus
Old News