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The Ann Arbor Savings Bank

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

REPORT OF THE CONDITION OF THE At Aun Arbor, Michigan, at the close ot' business, Dec. 15, 1897. RESOURCES. L1AB1LIT1ES. Loans and DtscountB, 1480,279 73 Stocks, Bonds, Mortgages, etc 692,471 73 Capital stock paid In f 50,000 00 Overdrafts 568 33 Surplus fund, 150,000 00 Banking House 20,500 00 Undivided profltn lesscurrentexpenFurniture and Fixtures 7,917 32 ses. Interest and taxes paid 17,340 35 Other Real Estáte 47,898 63 Dividendsunpaid, 199 00 CASH. Due from banks in reserve citieg . ... 156,488 78 DKPOSIT3 Dueirom other banks and bankers.. 3,123 41 Commercial deposits, subject to Cbecks and cash items ,520 46 check 18546084 Nickels and cents o,5?IS S MÜ"'".""'".""'.".:".'. 81307 W gldoolu, - -"SS" Savings Certifícalos of Deposite 131,854 74 'gat-io-naï B-ank-NöteB;:::::: & % Due t0 Banks Dd Bankere - 9-" 1,374,097 16 Í1.374.09T 16 STATE OF MICHIGAN, I County of Washtenaw. f B8 I, Charles E. Hiscock, cashier of the above named bank, do soiemnly awear that the above statement is true to the best of my taowledge and belief. (Jhas. E. fiiacoGK, Cashier. Subscribed and sworn to before me, this "Oth day of December, 18D7. Miohabi, J. Fritz, Notary Public. CORRECT Attest: Chrlstian Mack, 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 consistent with safe banking. In the Savings Department interest at the rate of tb ree 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 of thia city and county a perfectly safe depository for their funds, together with a return in interest for the same. Money to loan on approved securities. Dirbctors.- Christian Mack, Daniel Hisoock, Willard B. Smith, "W. D Harriman, "William Deubel, David Ttinsey, L. Gruner. Offickks.- Christian Mack, President; W. D. Harriman, Vice-TTesident Chas. E. Hiscock, Cashier M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News