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Ann Arbor Savings Bank

Ann Arbor Savings Bank image
Parent Issue
Day
19
Month
August
Year
1898
Copyright
Public Domain
OCR Text

REPORT OF THE COND1TION OF THE At Ann Arbor, Michigan, at the close of business, Dec. 15, 1897. RESOUKCES. LTABILIT1ES. Loans and Discounts 80,279 73 ,„ Stocks, Bonds, Mortgages, etc 592,471 73 Capital stock paid in I 50,000 00 Overdrafts 662 IS Surplus tnnA 150,UO0 00 Banking House 20,500 00 Undivided protitf lesscurrentexpenFurniture and Flxtures - 7,917 32 ees. Interest aud taxes paid 17,310 35 Other Real Estáte 47,898 83 Dividend unpaid 199.00 O A TT Due from banks in reserve cities . ... 156,488 78 DEPOSITS. Duefrom other banks and bankers.. 3,123 41 Commercial deposita, subject to CbeckB and cash items 520 46 check 185,4n 84 Nickels andcents 637 97 Saviujrs Deposite. 819,907 66 Gold ooin, ... 32.170 00 savnf!s Oertifleate of Deposits 131,854 7 Silver coin 3,300 00 Due to Banks and Bankers 19,334 57 U. 8. and National Bank Notes 28,209 00 íl.374,097 16 tl,374,09718 STATE OF MICHIGAN, I County of Washtenaw. f " I, Charles E. Hiscock, casliier of the above named bank, do solemnly ewear that tkc above statement íb true to the best of my knowledge and belief. Chas. E. Hiscock, Cashieü Subsoribed and sworn to before me, this 20th day of December, 1897. Michakl J. Fritz, Notary Public. Correct Attest: Chrlstian Mack, W. D. Harriman, L. Gruner, 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; 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, od the first days of January and July, on all sums that were deposited three months previous to those days, thiis aff ording 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 Hiscock, Willard B. Smith, W. D Harriman, William Deubel, David Einsey, L. Gruner. Officers. - Christian Mack, President; W. D. Harriman, Vice-'President Chas. E. Hiscock, Cashier. M. J. Tritz Ass't-Cashier.

Article

Subjects
Ann Arbor Argus
Old News