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Ann Arbor Saving Bank

Ann Arbor Saving Bank image
Parent Issue
Day
17
Month
June
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE CONDIT1ON OF THE At Ann Arbor, Michigan, at the close of business, Deo. 16, 1897. RESOURCES. LIABILITIES. Loansand Discounts, t480,279 73 Stocks, Bonds, Mortgagee, etc 592,471 73 Capital stock paid in I 50,000 W Overdrafts 562 18 Surplus fund 1S6,OO 00 Banking House 20,500 00 UndivKled proflts lesscurrentexpeaFurnlture and Flxtures 7,917 32 fes. interest and taxes paid 17,340 35 OtherKeal Estáte 47,898 63 Dividendeunpaid, „. 199 08 CASH. Due f rom banka in reserve cities . ... 156,488 78 DEPOSITS. Duefromotherbanksandbankers.. 3,123 41 Commercial deposite, subject to Cbecks and cash items 520 46 check .... 186 460? Nickels and cents. 637 97 Savings Deposita. 813,907 88 Goldcoiu 32.1,0 00 Savings Certificaten of Deposits 131,854 74 Silver coin,. 3,300 00 Due to Banks and Bankers 19,334 57 U. S. and Iiatioaal Bank Notes 28,209 00 l,374,097 16 il,3T4,097 16 STATE OF MICHIGAN, I „ County of Washtenaw. [88 I, Charles E. Hiscock, caenier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge aud belief. Chas. E. Hiscock, Cashier, Subscribed and sworn to bef ore me, this 2Oth day of December, 1897. Michael J. Fritz, Notary Publi. Correct Attest: Christinn Mack, W. D. Harriman, L, Gruner, Directora. Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transada a general banking business; buys and sells exchanges oa New York, Detroit and Chicago; sells drafts on all the principal cities oí Europe. This bank, already having a large business, invites merchants and othera to open accounts with them with the assurance of the most liberal deaíiag eonsistent with safe banking. In the Savings Department interest at the rate of three per cent. 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 oS tMa city and county a perfectly safe depository for their funds, together witb a iturn in interest for the same. Money to loan on apnroved securities. Directors. - Christian Mack, Daniel Hiscock, Willard B. Smitb, W. I Harriman, William Deubel, David Einsey, L. Gruner. Officbrs.- Christian Mack, President; W. D. Harriman, Vice-Preaidisat Chas. E. Hiscock, Cashier. M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News