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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
24
Month
June
Year
1898
Copyright
Public Domain
OCR Text

KEPORT OF THE CONDITIOÏi OF THE At Ann Axbor, Michigan, at the close of business, Dee. IS, 189T. RESOURCES. LIAB11JT1ES. Loans and Discounts, 1480,279 73 . . enrïïii. 3tocks, Bonds, Mortgages, etc 592,471 73 Capital stock paid in %ÏX'li5 Dverdrafts 562 13 Surplusfund, IdO.UOOOO' BantingHouse 20,500 00 Undivided proflts lesscurrentexpenFurniture and Fixtures 7,917 32 sea. interest and taxes pa-iQRw-. li.dtUdO' 3ther Real Estáte 47,898 63 Dividends unpaid, .- .„ JiwiiW CASH. Due from banks in reserve cities . ... 156,488 78 DEPOSITS. Duefromotherbanksandbankers.. 3,123 41 Commercial deposita, subject to Htiecks and cash items 520 46 check 185 460 84 N.ckels and cents. 637 97 Savings DÏpoBrts',1"!! 813Í907 06 öoldcoiu 32.1,0 00 Savings Certificaten of Deposits, 131,854 71 Stlvercoin, 3,300 00 Due to Banks and Bankers 19,334 57 ÜS. and National Bank Notes 28,209 00 __!___ ïl,374,097 16 ,374,097116 STATE OF MICHIGAN, I County of Washtenaw. ( B8I, Charles E. Hiecock, cashier of the above namod bank, do solemnly swear that the bOTe statement is true to the best of my knowledge and belief. Chas. E. Hiscocx, Cashier. Subscribed and sworn to before me, this 20th day of December, 1897. Mtohaei, J. Fkitz, Notary Public. Correct Attest: Christian Maok, W. D. Harriman, L. Gruner, Directors. 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 all the principal cities of Europe. This bank, already having a large business, invites merchants and others to open accounts with them with the assurance of the most liberal dealing con3istent with safe banking. In the Savings Department interest at the rate of three per cent. is paid aemi-annually, od the first days of January and July, on all sums that were deposited three months previoiis to those days, thus affording the people of this city and county a perfectly safe depository for their funds, together wiíh 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-'President Chas. E. Hiscock, Cashier. M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News