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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
30
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. LTABILIT1ES. Loans and Discounts 1480,279 73 Stocks, Bonds, Mortg-ages, etc 592,471 73 Capitel stock paid in I 50,000 Otf Overdrafts.. 562 lö Surplus fund. 150,000 00 Banking House 20,500 00 Undivided profits lesscurrentexpenFurniture and Fixtures 7,917 32 ses. interest and taxes pa ld. 17,340 35 Other Real Estáte 47,898 63 DividenitsunpRid, 199 00 Due from banks in reserve cities . ... 156,488 78 DEPOSITS Duefrom other banks and bankers-. 3,I2;j 41 Commercial deposite, subject to Cbecks and cash items 520 4ö choek 385 460 84 Nickeb and cents. 1)37 97 Saving Depositó 813Í907 fifi Goldeoin, 33,170 00 gavinas Certincatei' of Deposits 131,854 74 Süver eoin . „3-áS9 29 Due to Banks and Bankers 19,334 57 ü. S. and National Bank Notes 28,209 00 ___!___ 11,374,097 16 81,374,097.16 STATE OF MICHIGAN, I County of Washtenaw. f08" I, Charles E. Hiseock, oashler of the above named bank, do soietnnly swear that the above statement is true to the best of my kuowlediee and belief. Chas. E. Hiscock, Cashier. Subscribed and sworn to before me, this 20th day of December, 181)7. Michafx J. Pritz, Notary Public. Correct Attest: Christian Mack, W. D. Harriman. L, Grnner, Directora Capital, $50,000. Surplus, $150,000. Resources, $1,000,000. Transacts a general banking business; b'iys 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 three per cent. is paid semi-annually, on the first days of January and July, on all suins that were deposited three months previous to those days. thus affordingthepeople of this city and county a perfectly safe depository f of their funds, together with a return in interest for the same. Money to loan on apnroved socuiities. Directoks.- Christian Mack, Daniel lliscock, Willard B. Smith, W. D Harriman, William Deubel, David Einsey, L. Gruner. Officers.- Christian Mack, President; W. D. Harriman, Vice-Presidens Chas. E. Hiscock, Cashier. M. J. Fritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News