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The Ann Arbor Savings Bank

The Ann Arbor Savings Bank image
Parent Issue
Day
22
Month
July
Year
1898
Copyright
Public Domain
OCR Text

KEPORT OF THE CONDITION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. L1AB1LIT1ES. Loans and Discount, 1480,279 73 Stocks, Bonds, Mortgages, etc 692,471 73 Capita) stock paid in t 50,000 0 Overdrafts 583 13 Surplus f umi, 150,000 08 Banking House.. 20,500 00 Undivided proflti lesscurrentexpenFurniture and Füctures - 7,917 32 ses. interest and taxes paid 17,340 35 Other Real Estáte 47,898 63 Dividencisunpoir) 199 0 CASH. Due f rom banks in reserve cities . ... 556,488 78 DEPOSITS Duefrom other banksand bankers.. 3,123 41 Commercial deposite, subject to Checks and cash items 520 46 check 185,460 84! Nickels and cents. 637 97 Savinjra Deposite. 813,907 66 Goldcoiu, 32-17O52 Savings Oertiflcateo of Deposits 131,854 74 Silver coin 3,300 00 Dne to Banks and Bankers 19-.384 5S ü. S. and National Bank Notee. 28,209 00 ____ 11,374,097 16 ll.374i.097.ilB STATE OF MICHIGAN, i County of Washtenaw. f B8I, Charles E. Hiscock, eashier of the above named bank, do soiemnly swear thafi th above statement is truO to the best of my knowledjre and belief. Chas. E. Hiscock, CBe&iair, 8ubscribed and sworn to before me, this 20tb day of December, 1897. Michakl J. Fritz, Notary Publicv Cobbict Attest: Christian Mack, W. D. Harriman, L. Gruner, Directora Capital, $50,000. Surplus, $150,000. Resources, $1,000,009. Transacts a general banking business; tays and sells exchanges on New York, Detroit and Chicago; sells drafts on all the principal citiea of Europe. This bank, already having a large business, invites merchants and othera to open accounts with them with the assuxance 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 flrst days of January and July, on all sums that were deposited three months previous to those days, thus affording the people of this 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. Dikectors.- Christian Mack, Daniel Hiscock, "Willard B. Smith, W. D Harriman, William Deubel, David Kinsey, L. Gruner. Officbrs.- 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