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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
9
Month
September
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE CONDITION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOURCES. UABILIT1ES. Loans and Diseounts, 1480,279 73 Stocks, Bonds, Mortgagee, etc 592 471 73 Capita! stook paid in t 50,000 00 Overdrafts. 562 IS Surptas rund, 150.UO0 00 Banking House -- 20,500 00 Undivnied profite lesscvurrentexpenFurniture and Fixtures „_. 7,917 32 ses interest and taxes paid 17,340 35 Other Real Estáte 47,898 63 Dividend utipaid, 199 00 CASH. Due f rom banks in reserve cities ...156,488 78 OKPOSITS Duefrom other banks and bankers.. 3,128 41 Commercial di-posits, subject to Cbecks and cash items 520 4t check 185 460 8 Nickels and cents 637 97 Srvídks Depopits '.'.'..... 813,907 flS Gold oom, SS.170 00 pavhiKS Oertifloateo of Deposits, 131,854 74 Silver coin, 3,300 OO rue to Banks ;u ri Flankers 19,334 5T ü. S. and National Bank Notes, 2S,2K 00 81,374,097 38 Sl,374,097 16 STATE OF MICHIGAN, I County of Washtenaw. f "8I, Charles E. Hiscock, canhier of the aboi'e nanm) bsnfc, rto oioir;nly swear that th above statement is true to the beet of my knowleilici ii lx'üof Uu as. K. fïiscoCK, CaslitoT, Subscribed and sworn to before me, this 20th day of Deof mk r, )i7. MicaiAEi. .1. Fkitz, Notary Public. Correct Attest: Chnstian Macli, W. D. Harriman. L. Gniner, Directora 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; sella 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 three 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, thws 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. Directors. - Christian Mack, Daniel Biscock, Willard B. Smith, W. D Harriman, "William Deubel, David ïtinsey, L. Gruner. Officers. - Christian Mack, President; W. D. Harriman, Vice-Tfresident Chas. E. Hiscock, Cashier. M. J. Fritz Ass't-Caahier.

Article

Subjects
Ann Arbor Argus
Old News