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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
13
Month
May
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. LIABILIT1ES. Loans and Diseounts, 80,379 73 . 3tocks, BondB, Mortgnges, etc 592,471 73 Capital stock paid in I15?,1S 3verdrafts I 662 13 Surplus fund loO.UOO 00 BankingHouse. 30,500 00 Undividód protita lesscurrentexpenFurniture and Fixtures 7,917 32 ees. interest and taxes paid l.,d40 da 3ther Real Estáte 47,898 E3 Dividendsunpaid, 199 08 Due f rom banks in reserve cities . ... 156,488 78 Due f rom other banks and bankers.. 3,123 41 Commercial deposita, subject to Dbecks and cash items 520 40 check. .- 185,460 84 Nickels andcents. 637 97 Sarrajre Deposita 813,907 86 Soldcoiu, 32.170 00 gavinas Certificaten of DepoBits 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 - $1,374,007 16 $1,374,097 16 STATE OF MICHIGAN, I gg_ I.'cSarielmseock, cash Ier of the abore named bank, do 80ieinnly swear that the above statement íb true to the best of my knowlodKe and belief VScii8' -S"ier Subscribed and 8worn to before me. this 2O.b day ofeceinber, 189 pub]jo_ CORRECT Attest: Christian Mack, W. D. Harriman, L, Gruner, Directors. Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business; bujrs aud sells exchanges on New York, Detroit and Chicago; sells drafts oii 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, od the first days of January and July, on all sums that were deposited three months previous to those days, thus affording the people ot this city and county a perf ectly safe depository f or their f unds, together -wtth a return in interest for the same. Afoney to loan on approved securities. Directoks.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. D Harriman, William Deubel, David Rinsey, L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-T'resideiit Chas. E. Hiscock, Cashier M.J.Fntz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News