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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
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REPORT OF THE COND1TION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. UAB1LIT1ES. Loans and Discounts, 1480,27 73 Stocks, BondB, Mortgages, etc 592,471 73 Capital tock paid in I 50,000 W OverdrnftB 663 13 Surphis fund 150,000 00 Banking House 20,500 00 Undivxled profltp lesscurrentexpenFurniture and Ftxtures 7,!U7 32 ses. interest and taxes paid 17,340 35 Other Real Estáte 47,898 63 Dividend unynid, 199.00 CASH. Due f rom banks in reserve cities ... 156,488 78 DEPOSITS Due f rom other banks and bankers.. 3,123 41 Commercial deposits, subject to Cbecks and caen items 520 46 cheoh 185 460 84 Niekels and cents. 637 97 Sarinirs Deportt.-." ..'.'. '.'.'.'.'." 813,'9O7 fis w? !S ■"■ aSm SavlDS Certificaten of Deposits 131,854 74 Siiyer coin, ... . 3,300 00 Doe loBnoksanö Bankers 19,334 57 ü. S. and National Bank Notes 28,209 00 $1,374,097 16 H,374,097jl6 8TATE OF MICHIGAN, I „ County of Washtenaw. f 88I, Charles E Hiscock, cashier of the above naroed biinli, do soiemnly swear that tb above statement is true to the best of my knowledge and helief . Chas. E. Hiscock, Cashier. Subscribed and sworn to before me, this 20th day of December, 1KW. MicHAKt. J. Fritz, Notary Public. Correct Attest: Christian Mack, W. D. Harriman, L. Gruner, Direotors Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business-, buys aud 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 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 thia city and county a perfectly safe depository for their funds, together with a return in interest for the same. Money to loan on apnroved securities. Directors.- Christian Mack, Daniel Hiscock, Willard B. Smith, W. I 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.


Ann Arbor Argus
Old News