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PUBLIC DOCUMENT.

No. 8.

.ANNUAL REPORT
OF THE

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BOARD OF ,, COMMISSIONER S
OF

SAVINGS BANKS.
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BOSTON :

JRanlJ, ilJecy, & ~o., j)rinteru to tbe t-ommoniUtaltb,
117 FRANKLIN STREET.

1882.

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'1tommonrota1t~ of JUa.aeac~u£ietta.
OFFICE OF THE COMMJSSIONERS OF SAVINGS BANKS,
STATE HousE, BOSTON,

Jan. 4, 1882.

To the Honorable Senate and House of Representatives.

THE Commissioners of Savings Banks respectfully present
their Sixth Annual Report for the consideration of the Legislature.
The number of savings banks now doing business in the
Commonwealth is one hundr~d and sixty-five, one more than
last year.
The Brockton Savings Bank of Brockton, which was incorporated by the last Legislature, commenced business in May last,
under favorable circumstances. The bank supplies an urgent
need in this large manufacturing community, which had been
deprived of the facilities of a Ravings bank since the failure of
the North Bridgewater Savings Bank, in 1877.
There are now twelve banks in the hands of receivers. The
final dividend of ten per cent has been allowed, by decree of
the Supreme Judicial Court, in the West Boston Savings Bank
of Boston.
There have been six dividends in all allowed by the Court,
amounting to eighty-five per cent of the principal of the deposits.
The final account of the receivers of the Rockport Savings
Bank has been presented to the Supreme Judicial Court, and a
dividend of about fourteen per cent will probably be allowed,
which, with the three previous dividends, will return to the
depositors about eighty-four per cent of the principal of their
deposits.
The receivers of the Mercantile Savings Institution of Boston and the Hyannis Savings Bank expect to present their
final accounts to the Court during the winter. The final dividends to the· depbsitors will probably be payable early iu the
sprmg.
The receivers of the remaining eight banks expect to close

.

.lV

BANK COMMISSIONERS' REPORT.

[Jan .

up their affairs during this year, should there be a fair market
for the sale of real estate.
The officers of the Emigrant · Savings Bank, who are closing
up its affairs, expect to make the final disposition of its assets
during this year, completing the list of fifteen savings banks
which will have been wound up, under decrees of the Supreme
Judicial Court, since the failures began in 1875. They had
nominally assets of $12,271,783.24. The amount due depositors
was $11,958,833.42, and the number of depositors was 37,505.
The loss to the depositors on the principal of their deposits
will be about $1,900,000, calculated upon the basis of the
estimates of the amount to be realized from the remaining
assets made by the receivers in their last returns.
On the opposite page is a table giving some statistics relative
to banks in the hands of receivers.
The Foxborough Savings Bank, which had been subject to
the provisions of the Act of 1877, regulating and limiting the
payments of deposits, was temporarily enjoined by the Supreme
Judicial Court at the expiration of that act, as the officers wet·e
not confident that the bank could with safety resume in full.
It is the expectation of the officers that the bank will be in condition to resume payment in full before July 1, 1882.
The amount of deposits in the savings banks -doing business
Oct. 31, 1881, was $230,444,479.10, being $12,396,556.73 more
than at the sam e date of the previous year.
The surplus was $4,890,600.67, showing an increase of $132,405. 79 for the year.
The guaranty fund was $3,341,062.3.5, which is an increase of
$670,909.50 for the year.
The number of open accounts was 738,951, an increase of
32,556 for the year; which would m·ake the average of the
accounts $311.85, an increase from the average of the previous
year of $3.17.
The amount of deposits during the year was $48,223,496.86,
-$5,4 71,939.--13 more than the previous year, and the number of
depo its (615,514) increased 82,920. The average of deposits
was $78.35. The average the previous year wn $80.27, being
a decrea e of $1.92 for the year. The total of withdrawal8 was
$40,212,786.4-!, showing an increa e of $5,809,3;-8.21 from that
of the previous year. The number of withdrawals was 419,959,
- 30,184 more than the previous year.

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Banks in tlie Hands of Receivers.
Loca~on.

NAME.

Nominal Value of
Assets delivered
to the Receivers.

Date of Perpetual
Injunction.

Amount due
Depositors at Date
of Injunction.

N.)

w
Amount of
Dividends.

Per
Centum.

Balance of Assets
in Hands of the Receivers convertible
for future Dividends.

1-d

Barnstable Savings Bank .
Dorchester Savings Bank,*
Hyannis Savings Bank .
Lancaster Savings Bank •
Lexington Savings Bank .
Mechanics' Savings Bank,t
Mercantile Inst. for Sav'gs,
Needham Savings Bank .
N. Bridgewater Sav. B'k •
Reading Savings Bank .
Rockport Savings Bank t •
Sandwich Savings Bank .
Scituate Savings Bank
•
West Boston Sav. Bank t.

Barnstable
Boston.
Hyannis
Lancaster
Lexington
Boston.
Boston.
Needham
Brockton
Heading
Rockport
Sandwich
Scituate
Boston.

Totals

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•
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.
.
.
.
.
.
•
.
•
•
•

May 23, 1878,
Feb. 26, 1878,
Sept. 3, 1878,
Dec. 30, 1875,
Dec. 13, 1878,
Feb . 1, 1877,
Feb. 20, 1878,
March 4, 1879,
Nov . 13, 1877,
April 11, 1879,
Feb. 26, 1878,
Jan. 29, 1878,
July
9, 1880,
Jan.
9, 1878,

$1,274,040
412,124
529,058
1,030,523
101,209
421,960
3,519,294
23,623
450,840
113,212
194,459
109,586
125,486
1,939,897

81 $1,287,614 04:
27
398,161 65
64
524,617 05
27
973,390 36
89
95,222 52
33
428,934 92
70 3,298,390 08
37
23,354 17
551,360 28
40:j:
81
155,345 69
71
182,415 58
l0i,,145 35
22
44
127,261 53
59
1,822,015 83

$901,166
368,883
327,885
517,928
71,416
309,502
2,143,739
17,513
441,088
42,563
127,624
81-,107
51,251
1,548,713

60
87
65
09
89
45
48
58
23
13
61
81
00
44

• $10,245,318 45 $9,976,229 05 $6,950,384 83

70
92-llo
691
-2
53½
75
721.5
65
75
80
27½ ·
84-77510
40
85

---. .

$212,526 74

121,773 85
282 ,988 10
31,696 78

683,805
7,473
102,566
75,806

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19
49
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15,822 66
71,325 4811

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$1,605,784 95

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* Final dividend allowed by the Supreme Judicial Court Oct. 1, 1880; the r eceivers have paid the balance due depositors to the treasurer of the Commonwealth, under
provisions of chap. 70 of the Acts of 1881.
t The receivers of these banks are paying the final dividend.
t In addition to this amount is the sum of $68,091.84 due from the late treasurer, E. Southworth .
§ This is the balance of assets after paying the dividend of fifteen per cent, Nov. 23, 1881.
II This is the balance of assets after paying the dividend of twenty per cent, Nov. 15, 1881.

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Vl

BANK COMMISSIONERS' REPORT.

[Jan.

The average of the withdrawals was $95.75, an increase of
$7.49 from the previous year, when it was $88.26.
Investments in United States bonds have increased $1,522,667.21.
State and municipal bonds have increased $44,895.80. Loans
on public funds have decreased $602,003. Investments in bank
stock have increased $859,222.18.
Loans on bank stock have increased $108,616.83.
Investments in railroad bonds have increased $790,852.33.
Loans on mortgages of real estate have increased $86,083.81,
and $1,169,894.U2 have been deducted from real estate acquired
by foreclosure, which is $8,052,450.79.
Loans on personal security have increased $17,612,461.20.
The deposits in banks bearing interest are $11,770,415.27, a
decrease from the previous year· of $4,486,361.71. .
The percentage of assets in the various classes of investments
is about seventeen and one-sixth per cent in public funds, and
loans on public funds; ten and eighty-six one-hundredths per
cent in bank s·t ock, and loans on same; three and twenty-six
one-hundredths per cent in railroad bonds; thirty-four and onehalf per cent in loans on mortgages of real estate; four and
forty-three one-hundredths per cent invested in real estate, inciuding foreclosures; twenty and twenty-three one-hundredths
per cent in loans on personal security; three and sixty-three
one-hundredths per cent in loans to counties, cities, and towns;
four and ninety-two one-hundredths per cent in deposits in
banks on interest.
The earnings of the banks were $12,285,3-!5.35,- $390,634.75
more than the previous year. The amount of dividends was
$8,283,774.37, an increase of $335,887.28.
Seven banks paid the highest rate of dividend of interest
allowed, - five per cent; thirty-two banks paid dividends between four and five per ce nt; one hundred and t en banks paid
four per cent divide nds; fo ur banks paid three and threefourths per cent divide nds ; three Lanks paid three and oneh alf per .cent dividen l ; fo ur banks paid three per cent dividends; two banks paid one dividend of two per cent; three
banks paid no dividend of intere t, but of these, two were
temp rarily enjoined by decree of the Supreme Judicial Court,
and the other was organized during the previou year.
The a vera.ge rate of ord in ary dividends was four per cent.

1882.]

PUBLIC DOCUMENT-No. 8.

..

vu

The previous year the average was three and ninety-three onehundredths per cent. The slight increase of seven one-hundredths of one per cent in the average of dividends is due
mainly to the fact that all the banks but one which had been
temporarily enjoined were relieved from injunction, and have
resumed the payment of ordinary dividends of interest.
The large increase in deposits, while it indicates the complete restoration of the public confidence in savings banks,
embarrasses many of them with a surplus of money seeking
investment at a time when securities which they are authorized
to hold command high premiums.
The last Legislature increased the classes of securities in
which investments might be made; but as yet the relief has
been small. In our opinion, as suggested in our last Annual
Report, the most effectual remedy for this embarrassment is
to be found in the refusal of the banks to receive large deposits from persons not properly beneficiaries of these institutions.
Three years ago we called the attention of the Legislature to
the doubtful character of the shares of national banks as an
investment of the deposits of savings banks, on account of the
liability of stockholders, in case of loss, to assessments amounting to one hundred per cent of the par value of the stock; also
to the difficulty of convertibility in times of stress, as they
were based upon commercial or personal credits, which are
liable to be seriously affected by financial disturbances.
Recent events have confirmed us more strongly in this opinion; and, if authority to invest in these stocks is to be continued, we recommend that investments be limited to one-quarter.
of the deposits of any one bank.
LOAN AND TRUST COMPANIES.

There are now six loan and trust companies doing business
in the Common wealth.
One, the American Loan and Trust Company of Boston, was
chartered by the last Legislature, and commenced business in
May last, with a paid-up capital of one million dollars.
The trust departments of these institutions are of minor
importance. Only three of them have opened such departments,
and in only one of them does there appear to be much interest
exhibited by the management in extending this class of business.

Vlll

BANK COMMISSIONERS' REPORT.

[Jan.

The business of these institutions is generally such as banks,
bankers, or merchandise-brokers ordinarily pursue.
We respectfully renew the recommendation made in our last
Annual .Report, that a general law be enacted granting the
same powers and privileges to each and all of them, and subjecting them to the same duties, liabilities, and limitations.
The last Legislature, in amending the charter of the Massachusetts Hospital Life Insurance Company, made it the duty of
the Commissioners of Savings Banks to examine into its affairs,
once in each year at least.
It also required an annual return of its affairs to be made by
the institution to the Commissioners. The return for last year
is published in this Report with the returns of the loan and
trust companies.
At the official examination we found its affairs to be in good
condition, and prudently managed.
This venerable institution, incorporated Feb. 24, 1818, is
more essentially a trust company than any other of these corporations. $14,717,391.76 of its assets were invested in trust
for beneficiaries, to whom it now pays four per cent income per
annum. In the past, when higher rates of interest were obtainable, it paid larger rates.
It has also during its existence paid to the Massachusetts
General Hospital more than $400,000, in accordance with a
provision of its charter, that it shall pay one-third part of its
net profits to said institution.
The original charter required an annual return to be made t o
the Secretary of State. As there appears to be no necessity
for two return s, we recommend that the provision of the act
requiring a return to be made annually to the Secretary of
State be repealed.
Co-OPER ATIVE SAV ING FUND AND LOAN ASSOCIATIONS.

The re are now eighteen of these associations doing bu iness
i~ the Com mon wealth, an increase of two during the fi cal
year, - the West Roxb ury Association of Bost on, incorporated
July 1, 1881, and t he New Bedford Association, incorporated
July 8, 1881.
The assets of all t he as ociation h ave risen during the year
from $372,46 2.31 to $653,142.80, an incr ea e of $280,680.49,
which indicates a ma rked degree of prosperity.

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Cambridge
Campello
Equitable •
Fitchburg •
Haverhill
Holyoke
Homestead
Mechanics'
New Bedford
.
Pioneer
Security
Somerville •
Taunton .
Troy.
Waltham
West Roxbury
Worcester .
Workingmen's

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Totals

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.. .. .. ..
.. .. .. ..
. . . .
. . . .
. . . .
. . . .
. . . .
. . . .
. . . .
. . . . .
. . . . .
. . . . .
. . . . .
. . . . .
. . . . .
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.
.
.
.
.
..
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.

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East Cambridge
Brockton
.
Lynn
Fitchburg
Haverhill
Holyoke.
Boston
Taunton.
New Bedford •
.
Boston
Brockton
.
Somerville
Taunton.
Fall River
Waltham
Boston
Worcester
Boston

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.
.
.
.

.. ..
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.

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.
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.

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. . .
.

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. . . .

Number of
Present
Present
Shares now ~umber of Number of
in Force.
Members. Borrowers.

Date of
Incorporation.

Location,

NAME.

.

Sept. 5, 1877,
3, 1877,
Oct.
2, 1877,
Oct.
Oct. 27, 1877,
Aug. 20, 1877,
July 24, 1880,
Sept. 11, 1877,
Sept. 14, 1877,
8, 1881,
July
July 26, 1877,
Dec. 17, 1877,
May 4, 1880,
March 2, 1880,
July 10, 1880,
Oct. 13, 1880,
Feb. 1, 1881,
Oct. 19, 1877,
June 9, 1880,

. .
. . . . .

.

Increase of
Assets from
Previous Year.

Assets.

296
1,982
752
2,124
1,034
717
3,133
3,065
826
4,037
1,602
728
2,969
2,252
3,365
452
2,637
1,574

50
412
176
282
255
120
600
481
137
794
324
174
480
434
474
109
479
284

72
26
78
31
4
66
105
5
96
53
7
44
21
26
-3
68
12

$6,285
62,212
14,542
54,982
22,984
8,423
58,909
76,807
2,795
93,579
49,876
8,789
53,332
23,512
35,315
2,587
59,182
19,024

33,545

6,065

731

$653,142' 80

14

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19
66
82
26
80
32
17
30
74
43
02
51
54
55
81
52
15
01

$1,265
18,173
5,817
21,795
7,576
7,199
23,732
14,526
2,795
30,336
14,790
7,428
32,186
20,087
33,054
2,587
23,805
13,521

22
52
66
73
11
58
09
58
74
01
74
13
64
76
81
52
41
24

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$280,680 49

.....

M

X

BANK COMMISSIONERS' REPORT.

[Jan.

The last Legislature am~nded the general law relative to
these associations in several of its sections, so as to make the
investments more secure, and the division of the profits more
equitable.
On the preceding page is a table showing the general condition of each association.
Following these remarks may be found the Public Statutes
relative to Savings Banks.
Respectfully submitted.
J. GATCHELL,
C. CURRY,
Commissioners of Savings Banks.

1882.J

PUBLIC DOCUMENT-No. 8.

[P. S.,

CHAPTER

116.]

OF SAVINGS BANKS AND INSTITUTIONS FOR SAVINGS.
COMMISSIONERS OF S.A VIN GS BANKS.
SECTION

1. Appointment and tenure of office.
2. Compensation and allowances.
3. Commission ers to visit and examine
every bank annually.
4. may summon and examine officers,
etc.; penalty for refu sing to obey sum
mons, or for obstructing commissioner.
5.
shall examine bank on request of five
officers or creditors, etc.
6. proceedings by, when bank is insolvent, or in a hazardous condition.
7. Schedule of effects to be deliveled to
receivers. Officers may be examined
under oath.
8. Commissioners to examine the accounts, etc., of receivers.
SECTION
9. Commissioners to report violations of
Jaw, and attorney-general to prosecute.
10. to report violations of law by receivers.
SAVINGS BANKS AND INSTITUTIONS FOR
SAVINGS.
11. Savings banks and institutions for sa-vings, powers and duties of.
12. Power of general court over same.
Penalty for obstructing investigation.
OFFICERS AND MEETINGS.
13. Officers of such corporations.
14. Treasurer's bond.
15. Choice and appointment of officers.
Vacancies. Clerk to notify persons
elected, and publish list. Penalty.
16. Special meetings, how called and notified.
17. Members of the corporation.
18. Regular meetings of trustees. Quorum.
Statement of condition. Record of
meeting, and names of trustees present. Office of trustee, how vacated,
and proceedings thereon.
DEPOSITS, LO.ANS, .AND INVESTMENTS.
19. Limit to amount of deposits, and of
interest.
20. Investments.
21. No officer, etc., to borrow of the corporation, or become surety.
22. Savings banks, etc., not to recei\'e
brokerage, etc., on account of a loan.
Penalties.
23. Applications for loans.

DIVIDENDS AND PAYMENTS.
SECTION
24. Guaranty fund.
25 . N e t profit to be divided among depositors, and in what manner.
26. Dividend not to be paid, unless net
-p rofits are one and one-half per cent,
except, etc.
27. Extra dividends.
28 . No dividend to be declared or paid,
until, etc.
29. Deposits, how withdrawn. Payments
to minors.
30. Depositor may set off the amount of
his deposit in proceedings by the corporation.
31. In actions for deposits, claimants may
be made defendants, etr.. Deposits
may remain, or be paid into court, etc.
32. When a deposit is made in trust,
name, etc., of person for whom made,
to be disclosed; to whom payable in
case of death.
33. D epositor to be notified when amount
entitled to dividend is exceeded.
34. List of amounts due depositors not
entitled to dividend to be published
once in five years.
SPECIAL TRUST FUNDS.
35. Corporations may receive funds in
trust for parks, shade-trees, cemeteries,
and drinking fountains. ·
36. Probate court may authorize executors, . etc., holding funds in trust for
such purposes, to deposit same.
37. Statement of the amount thereof to be
made every third year, etc.
38. If the corporation ceases to do business, these funds, where to be deposited.
BOOKS .AND RETURNS,
39. Commissioners may prescribe manner
of keeping and auditing books, etc.
40. Treasurer to make annual report.
Particulars to be stated in same.
41. Additional l!tatements may be required.
42. Commissioners to furnish forms of
reports; to report to the general court.
43. Treasurer to inform overseers of poor
of deposits to the credit of a pauper.
44. Receivers to deposit unclaimed moneys, etc., with treasurer.

.

Xl

XU

BANK COMMISSIONERS' REPORT.

[Jan.

COM:\IISSIONERS OF SA VIN GS BANXS.

1. The board of commissioners of savings banks
shall consist of two commissioners appointed by the governor
1866, 192, §§ 1, 2.
18i6, 231, §§ 1-3. with the advice and consent of the council, and subject to removal in like manner, each of whom shall be sworn, and shall
hold offi~e for the term of three years unless sooner removed.
Upon the occurrence of a vacancy before the expiration of a
term, an appointment shall be made for the remainder of the
term.
SECT. 2.
The annual salary of each of said commissioners
Compensation
and allowances.
shall be two thousand eight hundred dollars ; and the board
1879, 124, § 1.
1879, 293, § 3.
shall be allowed a sum not exceeding one thousand six hmi1880, 161, § 5.
dred dollars a year for clerical assistance, and also the actual
expenses incurred in travelling in the discharge of its official
duties.
SECT. 3.
The commissioners shall visit once in every year,
The board to
visit and examand as much oftener as they deem expedient, every savings
ine every bank
annuall y .
bank and institution for savings incorporated by authority of
1866, 19:l, § 2.
1876, 231, § 3.
this commonwealth. At such visits they shall haYe free access
to the vaults, books, and papers, and shall thoroughly inspect
and examine all the affairs of each of said corporations, and
make such inquiries as may be necessary to ascertain its condition and ability to fulfil all its engagements, and whether it has
complied with the provisions of law. They shall preserve in a
permanent form a full record of their proceedings, including a
statement of the condition of each of said corporations.
SECT. 4.
Either of the commissioners may summon all
may summon
nnd examine
trustees, officers, or agents of any such corporation, and such
offic<>rs, etc. ;
p ena lty for reother witnesses as he thinks proper, in relation to the affairs,
fu eing to obey
summons, or
transactions, and condition of the corporation, and for that purob tructing
commissioner.
pose may administer oaths; and whoever refuses, without justi1866, 192, § 3.
1876, 231, § 3.
fiable cause , to appear and testify when thereto required or
ol>strncts a commissioner in the discharge of his duty, shall be
punished by fine not exceeding one thousand dollars, or imprisonment not exceeclin g one year.
ECT . r- .
Upon the certificate uncl r oath of any five or more
Th e bonrd 11 hnll
e:rnm ln bnnk
officer , tru tees, er d itor or depo itors of any such corp raon n•q u 11t of
fl ve 01Ylccr 11 o r
tion,
tting forth th ir int rest and th r a ons for making
er •ell tor~. tc.
1 66, Hl:.!, § 4.
u h xaminuti n, iir ctcd to th commi ioner and requesting
1876, 231, § 3.
th m to xamin u h oq ration, they hall forthwith make a
full inv tirration of it affair in th manner before provided.
proc!'Nl IngH
, E T. 6.
The ommi. si ner if upon such examination any
by, wh •n bnnk
ln11o lv ·nt, or ln
ucb orporation appear to be insolv nt, or it condition such

Appointment
and tenure of
office of board.

SECTION

1882.J

PUBLIC DOCUMENT-No. 8.

as to render its further proceeding hazardous to the public or
to those having funds in his en tody , shall apply, or, if such

corporation appears to have exceeded its powers or failed to
comply with any rule, restriction, or condition provided by law,
they may apply to a justice of the supreme judicial court to
issue an injunction restraining such corporation in whole or in
part from further proceeding with its business until a hearing
can be had. Such justice may, with or without previous notice,
issue such injunction, and, after a full hearing, may dissolve or
modify it or make it perpetual, and may make such orders and
decrees according to the course of proceedings in equity to
restrain or proliibit the further prosecution of the business of
the corporation as may be needful in the premises ; and may
appoint one or more receivers to take possession of its property
and effects, subject to such directions as may from time to time
be prescribed by the court or a justice thereof.
SECT. 7.
When receivers are so appointed, the treasurer of
the corporation shall make a schedule of all its property ; and
its treasurer, board of investmen~, and other officers transferring
its property to the receivers shall make oath that said schedule
sets forth all the property which the corporation owns or is
entitled to. The treasurer shall deliver said schedule to the
receivers and a copy thereof to the commissioners, who may at
any time examine under oath such treasurer, board of investment, or other officers, in order to determine whether or not all
the property which the corporation owns or is entitled to has
been transferred to the receivers.
SECT. 8.
The commissioners, or one of them, shall at least
once in every year, and as much oftener as they deem expedient,
examine the accounts and doings of all such receivers ; and.
shall carefully examine apd report upon all accounts and reports
of receivers made to the supreme judicial court and referred to
the commissioners by the court ; and, for the purposes of this
section, shall have free access to the books and papers relating
to the transactions of such receivers, and may examine them
under oath relative to such transactions.
SECT. 9.
The commissioners, if in their opinion any such
corporation or its officers or trustees have violated any law in
relation to savings banks or institutions for savings, shall forthwith report the same, with such remarks as they deem expedient,
to the attorney-general, who shall forthwith institute a prosecution for such violation, in behalf of the commonwealth.
SECT. 10.
The commissioners, whenever in their opinion
any such receiver has violated his duty, shall present the facts
to the supreme judicial court.

...

Xlll

a h aza rdo u s
conditi on.
1866, Hl2, § 5.
1876, 231, § 3.

Schedule of
effects to be
made, sworn to,
and delivered to
receiver~.
Officers may be
examined under
oath.
1878, 253, § 5.

Commissioners
to examine the
accounts, etc.,
of receivers.
1878, 253, §§ 1,
2, 3.

to report violations of law.
1866, 192, § 7.
1876, 231, § 3.
1878, 253, § 6.

to report violations of law
by receivers.
1878, 253, § 4

[Jan

BA K COMMISSIO.r El{S' REPORT.

XlV

SA YIN GS BA~"K

Savings banks
and i u tit u tions
for a,·ing ,
power and
duti e of.
18i6, 203, § 1.

P ower of general court over
ame. Penalty
for ob tru cting
inv<' ligation.
G . . 57, §§ 102,
103, 155.
1 76, 203, § 27.

AND INSTITCJTIONS FOR

A YIN GS.

11. All snYings banks or institutions for savings,
incorporated uuder the authority of this commonwealth, may
exercise the powers, and shall be governed by the rules, and
subject to the duties , liabilities, and prodsions contained in
the following se<.:tions, so far as the same are consistent with
the prodsions of their respe<.:tiYe clrnrters; and any such corporation may , by vote at its annual meeting or at a meeting called
for the purpose, accept any provision of said sections which is
inconsistent with its charter.
SECT. 12.
The general court may make other or further
regulations for the goyernment of suc.:h corporations, or may
take away their corporate powers; and every suc.:h corporation
and its officers shall be subject to examination by any committee
of the general court appointed for the purpose , who may examine into the doings of the corporation, and shall liaYe free access
to its books and vaults. An officer of such corporation, or
other person having charge of its books and property who
refuses or neglects to exhibit tllern to such committee or who
in any way obstructs its examination thereof, shall be punished
by fine not exceecting ten thousand dollars, or imprisonment
not exceeding three years.
'ECT.

OFFICERi AND MEETINGS.

Officers of such
corporations.
1876, 203, §§ 2, 3.

'l'r neu r r's
bond, a11d duty
of ll'lU<l CCtl 11nd
bourd co nccrn ln l( Kntn •.
l 70, 2U:3 , § 3,

1

u,

162.

13. The officers of every snch corporation ball consist of a president, one or more vice-pre ictents, a board of not
less than nine trustees, a treasurer, clerk, and such other offic rs
a it may find necessary for the management of its affair . The
pre ictent, vice-presic:lents, and tru tee sball be cho n from
the member , and no per on shall hold any office in two uch
corporation at the same time.
' uch offieer. ball be worn,
an 1 hall lwld their everal offices until other are cho n aml
qualifi d in their stead, except in the ca s hereinafter provided
oth rwi e.
' ECT. 1 .
The trea nrer h~111 gh·e bond for th faithful di charg f' hi clutie to the a t i fa •tion of the tru t e und th y
hall f1 l
· p · of th bon l with th ommi i
and hall
f any ·lrnng th r •nft r mad th r in. Tlle comhnll k p a r
r 1 b win 0 when aid bond e. ·pire
ncl h •hang
n tifi 1, and, wb n ,. r in th ir judCYment
it i n c: iiry f r th
nrity f th d Lo itor
hnll require
:i n , bond, i11 ueb amount a nd with u b ureties a they may
llPl r0Y •
SECT.

1882.J

PUBLIC DOCUlVIENT- No. 8.

15. The officers of every such corporation, except the
treasurer, shall be chosen at its annual meetings, to be holden
at such time as the by-laws direct, any thing in its charter to
the contrary notwithstanding. The treasurer sha11 be appointed
by the trustees, and shall hold his office during their pleasure.
If an office becomes vacant dnring the year, the trustees may
appoint a person to fill the same until it is filled at the next
annual meeting ; and if a person chosen or appointed does not
within thirty days thereafter take the oath, his office shall thereupon become vacant. The person acting as clerk at such meeting shall, within ten days thereafter, notify all persons elected
to an office, and within thirty days thereafter shall publish in
some newspaper published within the county a list of all persons
who have taken the oath of office to which they were elected.
A clerk neglecting to make such notification or publication, or
making a false publication, and any person who knowingly
publishes or circulates, or knowingly causes to be published or
circulated, a printed notice containing the name of a person as
an officer of any such corporation who has npt taken the oath
of office, shall be liable to a penalty of fifty dollars.
SECT. 16.
Every such corporation may at any time hold
special meetings by order of its trustees; and its treasurer shall
also notify special meetings upon the requisition in writing of
any ten members of the corporation. Notice of all meetings
shall be given by public advertisement in some newspaper of
the county where the corporation is established, or by seasonably mailing to each member a written or printed notice of such
meeting.
SECT. 17.
Every such corporation may, at a legal meeting,
elect by ballot any citizen of this common wealth to be a member
thereof; and any person may, at an annual meeting, cease to
be a member, if he has filed with the treasurer a written . notice
of his intention so to do three months at least before such meeting. No person shall continue to be a member after removing
from the commonwealth.
SECT. 18.
A regular meeting of the board of trustees of
every such corporation shall be held as often as once in three
months, for the purpose of receiving the report or · its treasurer,
and for the transaction of other business. A quorum shall consist of not less than seven trustees; but less than a quorum may
adjourn from time to time or until the next regular meeting.
At each regular meeting the trustees shall cause to be prepared
a statement showing the condition of the corporation as it
appears upon its books, in the form of a trial-balance of its
SECT.

xv
Choice and
appo intmeut
of'oiiice rs.
VacancieR. Not
tak ing oath, to
vacate oflice.
Clerk to notify
p erso ns elected,
a nd publish list.
P enalty.
1876, 203, § 4.

Special meetings, bow called
and notified.
1876, 203, § 5.

Members of the
corporation.
1876, 203, § 6.

RPgular meetings of trustees
to be held once
in three months.
Quorum. Statement of condition of bank.
Record of each
meeting, and
names of trust ees present.
Office of trustee, bow va.
cated, and
proceed ings
thereon.
1876, 203, § 7.

XVI

BANK COM1\1ISSIONERS' REPORT.

[Jan.

accounts, and such statement shall be posted in a conspicuous
place in its banki ng-room, and there rem ain until the next regular meeting of said board . A record shall be made at each
meeting of the transactions of the trustees and the names of
those present. If a trustee fails to attend the regular meetings
of the board , or to perform any of the duties devolved upon
him as snch trustee, for six consecutive months, his office shall
thereu pon become vacant. A record of such vacancy shall be
entered upon the books of the corporation, and a transcript of
such record shall be sent by mail to the person whose office is
thus made vacant.
DEPOSITS, LOANS, AND INVESTMENTS.
L imit to amount
of deposits from
an y p er&o n, and
in ter est.
1876, 203, § 8.

D ep osits, etc.,
b ow in vested.
1876, 203, § 9.
First mor tgages
of r eal estate.
1876, 203, § 9,
c l. 1.

Publi c funds.
1872, 203, § 9,
cl. 3.
1880, 177, § 1.
1881, 214, § 2.

19. Every such corporation may receiYe deposits
from any person until they amount to one thousand dollars;
and may allow interest upon such deposits, and upon the interest accumulated thereon, until the principal, with the accrued
interest, amounts to sixteen hundred dollars ; and thereafter
upon no greater sum th an sixteen hundred dollars ; bnt the
limitations contained in this section shall not apply to deposits
by religious or charitable corporations.
S ECT. 20.
Deposits and the income derived therefrom shall
be invested only as follows : First, On first mortgages of real estate, situated in this commonwealth , to an amount not to exceed sixty per cent of the
valuation of such real estate: but not exceeding seventy per
cent of the whole amount of deposits shall be so invested· and
no loan on mortgage shall be made except upon the report of
not less than t wo members of the board of investment, who
shall certify to the value of the premises to be mortgaged,
according to t heir best judgment, and such report shall be filed
and preserved with the records of the corporation.
Second, I n the public funds of the United States, of any of
the New England states, or of the state of New York, in the
bonds or notes of any city, county, or town of this commonwealth, or of any city of the states of Maine, New Hamp hire,
Vermont Rho le Island, or Co nne ticut, who e net indebtedne s
does not exceed five per cent of the last preceding valu ation of
the prop rLy ther in, fo r the a e m nt of ta:s:es; or of any
county r town ther of wh e net indebtedness do s not exceed
thr per nL of uch valu nti u; or in the notes of any citizen
of thi c mmonwea!Lh, with a pledge f any of the aforesaid
ccnriLie aL no mo r than the par value thereof.
SECT.

1882.J

PUBLIC DOCU1\'1ENT- No. 8.

Third , In the first mortgage bonds of any r ailroad company
incorporated under the a uthority of any of the New England
states and whose road is located wholly or in part in the same,
and which is in possession of and operating its own road, and
has earned and paid regular dividends for the two years next
preceding such investment; or in the first mortgage bonds,
guaranteed by any such railroad company, of any railroad com•
pany so incorporated whose road is thus located; or in the
bonds or notes of any railroad company incorporated under the
laws of this commonwealth, and whose road is located wholly
or in part therein, and is unencumbered by mortgage, and which
has paid a dividend of not less than five per cent per annum
for two years next preceding such investment; or in the notes
of any citizen of this commonwealth, with a pledge as collateral
of any of the aforesaid securities at no more than eighty per
cent of the par value thereof; but street railway companies
shall not be considered railroad companies within the meaning
of this section.
Fourth_, In the stock of any bank incorporated under the
authority of this commonwealth, or the stock of any banking
association located in the New England states, and incorporated
under the authority of the United States, or on the notes of any
citizen of this commonwealth, with a pledge as collateral of any
of the aforesaid securities at no more than eighty per cent of
the market value and not exceeding the par value thereof:
provided, that such· corporation shall not hold, both by way of
investment and as security for loans, more than one-quarter of
the capital stock of any one bank or banking association, nor
invest more than ten per cent of its deposits, nor more than one
hundred thousand dollars, in the capital stock of any one such
bank or association. Savings banks may deposit sums not to
exceed twenty per cent of the amount of their deposits, on call,
in such banks or banking associations, or in any trust company
incorporated under the laws of this commonwealth which provides the same security as banking associations incorporated
under the authority of the United States, and may receive interest for the same.
Fifth, In loans upon the personal notes of the depositors of
the corporation, but not exceeding one-half of the amount of
his deposit to a depositor ; and in each such case the deposit
and the book of the depositor shall be held by the corporation
as collateral security for the payment of such loan.
Sixth, If such deposits and income cannot be conveniently
invested in the modes hereinbefore prescribed, not exceeding

..

xvn
R a ilroad bonds.
1881, 214, §§ 1, 4.

Bank stocks 1
and deposits
iil banks, etc.
1876, 203, § 9,
cl. 4.
1881, 214, § 3.

Loans to
depositors.
1879, 57, § 1.

Per@onal
securities.
1876, 203, § 9,
cl. 5.

XVlll

Corporation
building aod
site.
18i6, 203, § 9,
cl. 6.

R eal estate
acquired by
foreclo ure, etc.
1876, 203, § 26.
See c. 13, § 20.

Pl edges of
securities as
collateral to
r emain va lid.
187~, 203, § 30,
1878, 9!, § 1.

o officer, etc.,
to bor row the
fun ds of the
corporation, or
become urety.
1876, 203, § 10.

8 nvlng11 bnnkH,
,1 ., n ot to r1,.
cclv • hruk c rnge ,
·tc. , on fl ·ount
of fl 10 1111.

J'1,nolll(•11.

l i6, 203, § 11.

BANK 00:\IMISSIONERS' REPORT.

[Jan.

one-third part thereof may be invested in bonds or other personal securities payable at a time not exceeding one year, with
at least two sureties, if tbe principal and sureties are all citizens
of this commonwealth and resident therein.
Seventh, T en per cent of the deposits of any such corporation, but not exceeding two hundred thousand dollars may be
invested in the purchase of a suitable site and the erection or
preparation of a s uitable building for the convenient transaction
of its business.
Eighth, Any such corporation may hold real estate acquired
by the foreclosure of any mortgage owned by it, or by purchase
at sales made under the provisions of any such mortgage, or
upon judgments for debts due it, or in settlements effected to
secure such debts; but all such real estate shall be sold by it
within five years after the title thereto is ,ested in the corporation.
Ninth , The provisions of this chapter shall not be construed
to invalidate or in any manner impair the title of any corporation to any securities which have been or may be held by it in
pledge or as security for a loan or indebtedness; and the ame
shall be held for the purposes for which they were pledged;
and nothing herein contained shall require any such corporation
to change any of its investments made before the first day of
October in the year eighteen hundred and seventy-six.
SECT. 21. No member of a committee or board of inYestrrient , or officer of snch corporation charged with the duty of
investing its funds, shall borrow or use any portion thereof,
be surety for loans to others, or in any manner, directly or
in clirectl_r, be a n obliger for money borrowect of the corporation;
and if uch member or officer becomes the on ner of r al estate
u1 on which a mo rtgage i held Ly the corporation, hi office
ball beeome Yacant at the expirntion of i:s:ty bys thereafter,
unle h hn ceased to b th owner tb er of or ha can ed aid
mortaag to be discharged. Only on e of the p r on holding
the offic
f 1 re iclent, 1 rk , nntl tr a mer hall at the ame
tim b a memb r of the im ti ng committee.
Pi T . 22 .
o such orporation, nor any per n nctincr in
its behalf, hnll n o-otiat tak
r r c ive a t , brokcrag ,
c mmi , ion, <Tift, or tber c n id rati n f t· r on a ount of a
1 an mad l y or on b half of su ·h
rporation, oth r than
np1 nr. n th fa
f th not r ontrn t by which n ·h loan
purport. Lo h macl · hut n thin<r b r in ntain d hall apply
t nny r n nn l hnr<r ~ r
in th e amination of title
a nd pr pnrati 11 f com· yan c t uch corporation as security

1882.J

PUBLIC DOCUMENT- No. 8.

for its loans. Whoever violates a provision of this section
shall be punished by fine of not lcs than one hundred nor more
than one thou and dollars. All sums paid for services, fee s, or
otherwise to a membe1· of the hoard of trustees shall be reported
in detail at each regnlnr meeting of the trustees.
SECT. 23.
All applicatio11s for loans shall be made in writing, through the treasu rer of the corporation, who shall keep a
record thereof, sl10wing the elate, name of applicant, amount
asked for, and the secu rity offeretl, and he shall cause the same
to be presented to the board of investment.

XIX

Applications
for loans to be
in w riting, and
r ecord kept.
1876, 203, ~ 12.

DIVIDENDS AND PAYMENTS.

24. Every such corporation shall, at the time of Guaranty fund
to be created
making each semi-annual dividend, reserve as a guaranty fund, and maintained.
1876 203 13
from the net profits which have accumulated during the six
'
•§ •
months then next preceding, not less than one-eighth nor more
than one-fourth of one per cent of the whole amount of deposits,
until such fund amounts to five per cent of the whole amount
of deposits, which fund sball be thereafter maintained and held
to meet losses in its business from depreciation of its securities,
or otherwise.
SECT. 25.
The income or profit of every such corporation, Net profit to be
divided among
after n deduction of all reasonable expenses incurred in the depositors, and
in what manner.
management thereof and the guaranty fund, shall be divided 1876, 203, § 14.
among its depositors or their legal representatives at times fixed
by its by-laws in the following manner: Ordinary dividends
shall be made every six months, and shall not exceed two and
one-half per cent on all sums which have been on deposit for
six months preceding, or one and one-fourth per cent on all ·
sums which have been on deposit for three months preceding;
and no ordinary dividend shall be declared or paid except as
above provided, nor upon a deposit of less than three months'
standing; and any such corporation may, by its by-laws, provide that no dividends shall be declared or paid · on a less sum
than three dollars, or on the fractional part of a dollar.
SECT. 26.
If, at the time provided by the by-laws for mak- Dividend not
to be paid unless
ing ordinary dividends, the net profits for the six months p1:e- net profits are
one and oneceding, over and above the sum to be added to the guaranty half per cent,
except, etc.
fund, do not amount to one and one-half per cent of the depos- 1876, 203, § 15.
its, no dividend of the profits shall be declared or paid, except 1880·, 150.
such as shall be approved in writing by the commissioners.
SECT. 27.
Once in e,·ery term of three years, if the net Extra dividends
may be paid
profits accumulated over and above said guaranty fund and divi- once in every
years,
dends amount to one per cent of the deposit~ which have three
when, etc.
SECT.

1876, 203, § 16.

xx

No dividend to
b e declared or
paid, until, etc.
1876, 203, § 17,

D eposits, b ow
wi tbdrawn .
Payment to
mi nor.
1 76, 203, "§ 1 •
l :Z7 M a s . 183.

D epositor may
set off the
a mou nt of bis
d eposit in proceeding by th e
corporation .
1878, 261, § 1.

W hl' n depo its
arc claim ed by
a perimn oth er
t han plaintiff,
claimant may
l1e made defendant , etc.
J) •po it. may
r emain or be
paid into court,
etc.
l 76, 20'3, § 19.
1 77, 179.

BANK COMMISSIO NERS ' REPORT.

[Jan.

remai ned in such corporation for one .rear then next preceding,
such net profi ts shall be divided among the depositors whose
deposits have remained therein for one year at least then next
preceding in propor tion t o the amo unt of dividends which haYe
been declared on t heir deposits during the three .rears then next
precedi ng .
SECT. 28.
No dividend shall be declared until the trustees
cause an examin ation to be made , and find that the amount
t hereof has actually accrued · a nd no di dclend or interest shall
be paid unless authorized by a vote of the trustees after such
examin ation .
SECT . 29.
The principal deposits in such corporations may
be n-ithclran-n at such time an<l in sucll manner as the by-laws
direct, bnt t he deposits so withdrawn shall he deducted in each
case from the amounts last deposited. Money deposited in the
name of a minor may , at the discretion of the trustees or committee of investment, be paid to such minor or to the person
making such deposit; and the same shall be a valid payment.
S ECT. 30.
A person indebted to any such corporation,
whether his indeb tedness is secured or not, may in any proceeding for the collection thereof or for the enforcemen t of any
security therefor, set off the amount of a deposit held and
owned by him a t the time of the commencement of such proceeding , and of the interest clue thereon, except a deposit
purchased or acquired from another after the commencement of
proceed ings in equity to restrain the corporation from doing its
usu al business .
ECT . 31.
In actions again st any such corporation for money
on de posit therewit h, if it appears that the same fund i claimed
by another par ty tha n t he plai ntiff ·wh ether by th e bu band or
wife of such plainti ff, or other wise t he court in which nch action
i pend ing , on tbe petitio n of the corporation and on uch notice
a the court con i ler proper to t he plain tiff and to u h claimant may order the proceed in o· to b am nd e 1 b · making u h
clnimant I arties de f'endant th reto · an l th renpon th ri o-ht
an l inter ts of the several parties in and to aid fund hall be
h ar l and cletcrmin cl.
uch ] po its may remain with the corp rati n un il final ju igment and hall be p aid in accordance
with th orc1 r f the c urt, or n ny be I aid into ourt to await
final jucl crm nt; and wh n o pail into court th
oq ration
·Im 11 h lri ·ken out a a I art' to t h a tion , and it liability
r r 11 ·h cl po it hall
Th ta.·nbl co t f th corporati 11 in , u ·h a. ·ti n hall h in th di, r ti n of th court and
lll <\ • I ('harcr cl 11p n t h fun l.

1882.J

PUBLIC DOCUl\tlENT-No. 8.

3 2. ,vhen a deposit is made in such corporation by
any one in trust for another, th e name and residence of the p erson for whom it is mn fo shall be disclosed, and it shall be credited to the depositor as trustee for such person; a nd if no other
notice of the existence and terms of a trust has been given in
writing to the corporation, in the event of the death of the
trustee, the deposit with the interest thereon may be paid to the
person for whom such deposit was made, or to his legal representative.
SECT. 33.
The treasurer of every such corporation, upon
making up each semi-annual dividend, shall send written notice
by mail to each depositor who for six months then next preceding has not been entitled to a dividend on the whole amount
standing to his credit, because the same exceeds the amount on
which interest is allowed, specifying the amount not entitled to
dividend.
SECT. 34.
Every such corporation shall once in five years
publish, in some newspaper of the county where it is established, a list of the amounts standing to the credit of depositors
who have not been entitled to dividends on the whole amounts
standing to their credit for two years then next preceding, because the same exceed the amount on which interest is allowed,
with the names and last known residences of the persons to
whose credit such amounts stand; which publication shall be
continued in three successive papers .
SECT.

XXl
Wh e n a d p osit
i s made in LrnsL,

n ame, etc., 011'
p er so n fo r
w hom made, t0
b e di ~c losecl;
to wh o m payabl e in case of
d ealb.
1876, 203, § 20.

D ep©1Si1lor to be
n otified wh en
amou n t entitlecft
t o di vid end is
exceed el!l.
18.7 6, 2(i\Q, § 21.

List of alfoounts
€!Jue d epos itors
lllot entitli)d to

wividend to be
p.ub li sbed once
i,n five ye:11Jrs.
18.'Z&, 2<.la, §, 22.

SPECIAL TRUST FUNDS.
SECT. 35.
Any such corporation may receive on deposit to Fmids m timst
:foy parks ,
any amount funds· in trust for the purpose of setting out shade- iithade-treeij,
•
•
4:~meteriet1, and
· s t ree t s an d park s, ancl 1mprovmg
t rees m
t h e same ; fior· pur- · drinking
foun·
1
d
~
k
d
·
·
th
~
•
•
•
t ains. Prillcipal
c h asmg an 1or par s, an 1mprovmg e same ; 1or mamtmnmg · not to be witb~
• t·a1mng
• •
drawn a11d to
· or ceme t ery 1ots; an d. 1or
ceme t enes
erec t'mg an d mam
be exe~pt from
drinking fountains in public places, or for any or all of said ~i\~~\f~n{1.
purposes. Such funds shall be placed on interest in such coTporation, and the interest and dividends arising therefrom shall
be paid semi-annually to such city, town, or cemetery authorities as may be designated by the donors of said funds or the·
will of the person bequeathing the same, and shall be expended!
by such authorities within their respective cities, towns, or
cemeteries for any or all of said purposes, as may be specified!
by such donors or such will. · No part of the principaI of such
funds shall be withdrawn or expended, and the same shall be
exempt from attachment or levy on execution.

XXll
Probate co urt
m ay auth ori ze
e xecu tor , etc .,
t o dep o · it fun d
in trus t fo r uch
purpo~e .
1 77, 162.

Statement of
th e amount
t her eof to be
made eve ry
th ird y ear, etc.
18i5, 174, § 2.

Jf the corpor at ion ceases to
do bu sin e s,
t he e fund to
h e d •pos ited in
an oth er.
]87/i , 174, § 3.

BANK CO MMISSIONERS' REPORT.

36 . A judge of the probate court, after clue notice
and a hearing , if in bis j udgment it is expedient so to do, may
au thorize un executor, ad ministrator, or trustee holding money
or other personal property for any of the purposes mentioned
in t he precedi ng section , to deposit such moneys or the avails
ar ising from such personal property in any such corporation
des ignated by the judge, to be held by it in tlrn manner and for
the uses and purposes mentioned in said section, and upon the
t rusts upon which said executor, administrator, or trustee held
the same; and upon the deposit of such money and its receipt
a nd acceptance by such corporation, the said executor, administrator, or trustl3e shall be discharged from further care and
responsibility therefor.
SECT. 37.
The funds held in accord ance with the two preceding sections shall be known as the " Sbade-Tree and Cemetery Fund ," and the treasurer of the corporation in "vhich they
are deposited shall give a certificate of gift to each donor of
such fund s, and shall send by mail or deliver in the month
of J anuary in every third year after the first deposit, to the
mayor of any city or the chairman of the selectmen of any
t own within the limits of which the interests and diYidends of
any such fund are to be expended , a written statement, signed
by such treasurer , of the amount of funds on deposit for the
purposes aforesaid , which statement shall be recorded in the
office of the clerk of such city or t own.
8ECT. 38.
If a corporation ho 1.ding such funds surrenders
its charter or ceases to do business, the supreme judicial court
may order said fund s to be transferred and deposited in some
other such corporation upon th e same trn ts as aforesairl; and
if the laws authori zing such cor porati ons are repealed , t he court
m ay order said fu nds to be transferred and depos it d in such
ban kin a institution as it may deem proper, to be held upon the
tm ts afo resaid.
ECT.

BOOK
Jfonrd m ny pr 11c rlli e m a nn er
of k •c• plng nnd
a ud iting bookll,
1•tc.
J 0, 22 , § 1.
Tr •11a 11 r •r lo
m ok · ann1 11li

ri•po r1 to bo nrd .
l'n rtlc11 lan1 to

lw Hlll l t•d In
fo4 HtTI •.

J 7B , 10:J, § 23.
l 77,1 50.

[Jan.

T

The c mmi ion r may l r cribe the manner and
fo rm of k l in ; and auditing the book and a count s of any
u ·h · rporati n.
• • g T. 4 0.
Tll t rea urer of very uch corporation hall
annu lly within fift n nay aft r the la t bu in
day of Octommi ion r , bowin g nc uratcly t he
b r mak a r I rt to th
·oncli t io11 th r or at ti ,
, f bu in
n sa id day . The
r I rt hall be in u ·h form a Lh ·ornm i ioner ball prerib , , nd hall pc ify th fo ll wi ng l articulars : nameJy,
E T.

9.

AND RETUR

1882.J

PUBLIC DOCUMENT-No. 8.

Name of corporation, and number of corporators; place where
located; amount of deposits; amonnt of each item of other liability; pnblic funds, including all United States, state, county,
city, and town bonds, stating each particular kind, the par
value, estimated market value, and amount invested in each;
loans on public funds, stating amount on each; bank stoek, stating par value, estimated market value, and amount invested in
each ; loans on bank stock, stating amount on each ; railroad
bonds, stating par value, estimated market valtrn, and amount
invested in each ; loans on railroad bonds, stating amount on
each ; estimated value of real estate, and amount invested
therein ; loans on mortgage of real estate ; loans to counties,
cities, or towns ; loans on personal security; cash on deposit in
banks, with the names of such banks, and the amount deposited
in•each; cash on hand; the whole amount of interest or profits
received or earned, and the rate and amount of each semi-annual
dividend for the previous year ; the times for dividends fixed by
the by-laws; the average annual per cent of dividends for the
term ending at the time of and including the last extra dividend ; the rates of interest ;received on loans ; the total amount
of loans bearing each specified rate of interest; the number of
outstanding loans which are of an amount not exceeding three
thousand dollars each, and the aggregate amount of the same ;
the number of open accounts; also the number and amount of
deposits received; the number of deposits received of three
hundred dollars or more at one time ; the number and amount
of withdrawals; the number of accounts opened, and the number of accounts closed, severally, for the previous year; and
the annual expenses of the corporation; all of which shall be
certified and sworn to by the treasurer. And five or more of
the trustees shall certify and make oath that the report is correct according to their best know ledge and belief.
SECT. 41. Such annual reports shall also, when so required
by the commissioners, state the number and amount of open
accounts of fifty dollars and less, of those exceeding fifty dollars and not more than one hundred dollars, of those exceeding
one hundred dollars and not more than two hundred dollars, of
those exceeding two hundred dollars and not more than five
hundred dollars, of those of one thousand dollars or more ; and
of those to the credit of women, both adult and minor, guardians, religious and charitable associations, and in trust, respectively.
SECT. 42. The commissioners shall furnish blank forms of
reports to every such corporation, and shall prepare annually

X Xlll

Additional
statements may
be required by
the board.
1880, 228, § 2.

Blank forms of
reports to be
furnished.

XXIV
Commi sioner s
to repo rt to the
genera l court.
1 66, 192, § 6.
1 76, 203, § 24.
}8~ I 253, § 2.

Trea urer to
info rm over seers of poor of
d eposit to the
cred it of a
pauper .
1876, 203, § 25.

R eceivers to
d eposit unclaim ed moneys , etc., with
trea urer.
1881, 70.

BANK COMMISSIONERS' REPORT.

[Jan. '82.

from such reports, and communicate to the general court on or
before the first Wednesday in January, a statement of the condition of each corporation from which a report has been received
for the preceding year, and shall include therein a statement of
the affairs of such corporations in the hands of receivers, and
shall make such suggestions as they may deem expedient relative to the general conduct and condition of each of the corporations visited by them.
SECT. 43.
The treasurer of every such corporation shall,
upon a written request signed by an overseer of the poor of a
city or town, inform him of the amount, if any, deposited in .the
corporation to the credit of any person named in such request,
who is a charge upon the commonwealth or upon a city or town
therein as a pauper ; and a treasurer who unreasonably refuses
to give such information, or wilfully renders false information,
shall forfeit fifty dollars for every such offence, to the use of the
city or town upon which such pauper is a charge, or to the commonwealth if the pauper is a charge upon the commonwealth.
SECT. 44.
Receivers of any savings bank or institution for
savings having unclaimed moneys or dividends remaining in
their hands for one year after final settlement ordered by the
court shall deposit the same, with a schedule of the names and
residences so far as known of the parties entitled thereto, with
the treasurer of the commonwealth, who shall receive and hold
the same in trust, and pay over the same to such parties or their
representatives, upon proper demand made therefor, and upon
evi lence satisfactory to him of the identity of the claimant and
the justice of the claim.

ABSTRACT OF ANNUAL REPORTS
OF THE

SAVINGS BANKS, TRUST COMPANIES, AND CO. OPERATIVE SAVING-FUND AND LOAN
ASSOCIATIONS,
SHOWING THEIR

CONDITION AT THE CLOSE OF BUSI.NESS ON THE
31ST OF OCTOBER, 1881.

2

[Jan.

BA K COMi\1ISSIO ERS' REPORT.

.A.BI GTOX SA. I~GS BANK - ABINGTON.
Incorporated 1 53. Number of corporators, 53.
Z N. WHJT;)IAR H, President.
Treasurer, JunsoN N.

F AR RAR.

STATEMENT.

ASSETS.

LIABILITIES.

D eposit
.
.
.
Earning umlivided .
Guaranty fund .

$982,723 36
20, 166 98
11,250 00

Public funds
Bank stock .
.
Loans on hank stock
Railroad bonds .
.
.
Rea l estate h_y foreclosure .
Loans on r eal estate .
.
Loans ou perso nal security ,
L oans to co nn ties , cities , or
towns
.
.
.
.
Deposit in bank on interest,
Expense account
Suspense account
IndiYidua l tax
Cash on h and

98,062
149,282
4,100
45,661
2,5-19
609,41U
56,506

50
87
00
08
!H
11
89

12,200
35,512
23
35:_;
21

00
80
08
47
45

4-17 lS

$ 1,014,140 34

$ 1,01-1,HO 31

L oans on Dank Stock: On 61 shares Abington National B ank

$4,100 00

Ca hon Deposit in .Bank: Abington National Bank

•

Amount of real e tate lrnld by foreclosure
A es eel value of the same
Amount of income received from the same
Amount of municipal tax on r eal es tate .

$35,512 80

2,549
2,350
19
36

91
00
00
00

Whole amount of intere t or profits received or earned
57,3fl2 1
Rate and amount of each em i-annual divid end for }
pe1: cen t . 5 1!) 900 1
previou year .
.
.
.
•
.
. 24 pet cent . I 20,917 6
Time for th e dividends fixed by the by-laws : first Tuesday in
pril and October.
v rage annual p r cent of dividends for the term ending at time
of and including lat xtra dividend: 7-½ per cent.
The total amount of loan , w ith ach p c ified rate of int re t:
·J:30,700, 5 per cent; $5,000, 6½ p r cent; $ "73.4:..G, G p er cent.
umber of out tancling loan which are of an amount not
xcceding :·: ,000 each
. 439
g~reo-at amount of Lhe am
396,001 00
umh r of op 1t a ount
2,666
umli rand amount of cl po it re ·eiv
r previ u y ar, 1,4 7 17G,602
u11tlwr a11<l am unto[ d po · it f aw.I.
edino- $300 at any
0 1H' I inrn for Lhn pr vic>ll y a.r
. 160
9,6: 9 05
11111h •rand amou11t of withdrawal. .
l J40 123,533 41
untl11'r of ar ·onnts opc11 cl the pr vi u y ar .
4-29
11111lwr of a c·ot111ls elnsecl Lh pr vious C':tr .
2:25
.1\ 111nllttL of exp 'llSC's of the · r1,oration during pr viou year
1,625 7
A111<rn11L of tr asurc•r bond
16,000 00
Date f examinat,ion by ommi ion r: Ang. 10.

~t

P UBLI C DOCUMENT - No. 8.

1882.J

3

PunLic F UNDS.
Par Value.

United States bond

.

City and town bonds : City of Boston
of Meriden , Conn.
of F all River .
of Portland , Me.
of Bangor, Me.
.
of Holyoke
.
.of Lynn
.
Town of Abington .

.

.

.
.
.

$5 ,000

.
.

.
.
.

$15,000
20 ,000
25,000
7,000
9,000
5,000
1,000
9,000

.

.

.
.

.

.

E stima ted
Ma rket Value.

IAm oun t Invested.

$5,045 00

$5,000 00

$ 15,400
2:3, 725
31,000
7, 854
10,200
5, 900
1,000
9, lS0

00
00
00
00
00
00
OU
00

$96,000 $109,:304 00

$15,000
21,000
27,407
7,000
7, 605
5,000
1,000
9,050

00
00
50
00
00
00
00
0 o_

$98,062 50

BANK STOCK.
Abington Nat'l Bank, Abington
Boston N at'l Bank, Boston
Blackstone N atJ l Bank, Boston
Central Nat'l Bank, Boston
Continental Nat 'l Bank, Boston
Eliot Nat'l Bank, Boston
Eagle Nat'l Bank. Boston
}'reeman's N at'l Bank, Boston
First N at' l Bank, Danvers
F irst Nat'l ~ank, Ad ams
Globe Nat'l Bank, Boston
Howard N at' l Bank, Boston .
Hamilton Nat' l Bank, Boston .
H ide and Leathei- Nat'l B'k, Boston,
Mount Vernon Nat'l Bank, Boston .
Merchants' Nat 'l Bank, Boston
North N at'l Bank, Boston
Old Colony Nat' l Bank, Plymouth
Republic Nat'l Bank, Boston .
Redemption N at 'l Bank, Boston
Second Nat' l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
State Nat' l Bank , Boston
Traders' Nat'l Bank, Boston .
T hird N at'l Bank, Boston
•
Webster Nat'l Bank, Boston .
Metropolitan N at 'l Bank, Boston

.

.

$18,3 60 00
9,472 00
8, 625 00
1,440 00
2,950 00
7,080 00
2,281 00
1,785 00
3, 600 00
6,750 00
5, 5fi0 00
19 ,500 00
6,150 00
7,888 00
4,826 00
14 ,600 00
3,102 00
280 00
5,895 00
14,850 00
7,550 00
1,1 30 00
4,000 00
5,916 00
2,120 00
5,217 00
4,800 00

$14 ,8 10 00
7,400 00
7,500 00
1,200 00
2,500 00
5,900 00
1,900 00
1,500 00
3,452 87
4,000 00
5,500 00
15,000 00
5,500 00
6,800 00
3,800 00
13,000 00
2,600 00
240 00
4,500 00
14,280 00
7,200 00
1,000 00
3,200 00
5,800 00
2,000 00
4,700 00
4,000 00

$137,550 $175,717 00

$149,282 87

$13,600
7,400
7, 500
1,200
2,500
5, 900
1,900
1,500
2,850
4,000
5,000
15,000
5,000
6,800
3,800
10,000
2,200
200
4,500
11,000
5,000
1,000
3,200
5,800
2,000
4,709
4,000

RAILROAD BONDS .
Eastern Rail road Company
Old Colony Railroad Company

.
.

$50,000
5,000

$55,000 00
6,250 00

$±0,261 08
5,400 00

$55,000

$61 ,250 00

$45,661 08

4

ENOS

[Jan.

BA K COMMISSIONERS' REPORT.

Al\IHERST SA"'VrNGS BANK - AMHERST.
In corporated 1864. Tumber of corporators, 13.
F. CooK, P resident.
Treasure1·, SAMeEL C. CARTER.
STATEMENT.

LI.l.BILITIES .

D eposits
.
.
Earnings n ndi vided
Guaranty fund .

ASSETS.

$675,484 84
l!:l,MO 41
8,481 32

Pnblic funds
.
Loans on pn blic funds
Bank stock .
Railroad bonds •
Real estate •
.
Loans on real e tate .
.
Loans on personal security,
L oans to counties, cities, or
town .
.
.
.
.
Deposit in bank on interest,
Cash on hand

$90,6911
1,5~0
101,733
67,'.WO
15,000
292,7'79
63,621

36,700 00
28,887 11
5,128 08
$703,306 57

$ 703,306 57

Loans on Public Funds: On $1,500 United States 4s

$1,500 00

Ca hon Deposit in Bank: First National Bank, Amherst •
Amount inve ted in real e tate (for banking purposes)
E timated valu e of the same
Amount of municipal tax on real estate .

25
00
89
42
00
64
18

$28,887 11
•

$15,000 00
15,000 00
118 04

Whole amount of interest or profits received or earned •
• $18,823 50
R ate n~d amount of each semi-ann~ial dividend for l 2¼ per cent . l 13,51,., 39
prev1ou year .
.
.
.
.
.
.
. f 2 per cent • 5 12,307 65
Tim e for the divicl nd fixed by the b y-laws: January and Jul y.
Av raO' annual p r C'nt of divicl nd for the term ending at time
f and inclu d ino- la t extra dividend : 5½ per cent.
The total amount of loan , ,...-itb each pecified rate of interest:
2 :33 1 5 per cent; '' 7:000, 5-½ per cent; $-9 ,7 3 6 per cent;
,;00,-1 'G, 7 per cent.
nmh er of o ut tanding 1 an which a re of an amount not
:x ·ec>d i ng :· ,000 ach
257
g<Tr <Tat amount of Lh . am
22 ,929 00
rumh r of op n a· ount
2,516
u111l >1'l' and amounL of cl po, it. r
iv d fo r previon year
1 G 7 151 263 21
u111b rand amount, of cl po it
f ancl xceedin<T 300 at any
011 . time for th pr ,·iou y :tr
. 1J4
70 11 00
Tun1hrr ;ind n1110unt, of wilhclrnwa.l
1 230 1m 4 o 17
lllltlH•J' of a' 011111. op nrcl tlte j)I' vion. Y<':tl' •
:-io
T111J1lH'r of nrc·o1111ts ·ln, C'cl Lit JH·rv ious Yt'a r .
275
Amount of rxprn" _-.; of th ·orp ra.tion durinrr prcvion. y nr
1 56 76
A Ill 01111 t of trc>a u rN' bonll
5,000 00
l>,LL of xamilmtio n hy ·ommi ·. ic ner: July 14.

1882.J

5

PUBLIC DOCUlVIENT-No. 8.
PUBLIC FUNDS.

United States 3½s
"
" 4~s

.

.

.

.

City bonds: City of Bangor, Me., 6s
of Rockland, l\1e., 6s
of Bath, Me., 6s
of Fall River 6s
of Pawtucket, R.I., 5s

.
.

Par Value.

E stimated
Market Value.

Amount Invested.

.
.

.
.

$37,000
10,000

$37,370 00
11,300 00

$37,000 00
11,296 25

.
.
.
.
.

.
.

$20,000
5,000
5,000
8,000
3,000

$22,400
5,000
5,050
10,000
3,600

$20,500
5,025
5,000
8,680
3,195

$88,000

$94,720 00

.

.

00
00
00
00
00

00
00
00
00
00

$90,696 25

BANK STOCK.

.

.
.
.
.

Suffolk Nat 'l Bank, Boston
First Nat'l Bank, Easthampton
First N at'l Bank, Northampton
First N at'l Bank, Holyoke
Hampshire Co. N 'l B'k, Northampt'n,
.
Conway Nat'l Bank, Conway .
Northampton N'l B'k, Northampt'n,
Crocker Nat'l Bank, Turner's Falls,
Agawam Nat'l Bank, Springfield
Chapin Nat'l Bank, Springfield
City Nat'l Bank, Worcester .
.
Mechanics' Nat'l Bank, Worcester .
Citizens'. Nat' l Bank, ,vorcester
:First N at'l Bank, Barre .
.
Hide and Leather N at'l B'k, Boston,

.
.

.

$1,000
9,400
12,900
10,000
7,900
4,400
13,300
8,400
7,300
2,000
4,000
1,000
2,500
3,000
1,000

$1,220
11,950
17,544
12,000
10,270
5,500
22,175
9,660
9,198
2,520
4,800
1,200
3,000
3,750
1,190

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$1,210
10,724
17,176
10,800
8,963
5,012
13,504
8,664
8,966
2,515
5,120
1,250
3,062
3,660
1,107

00
00
00
00
00
00
00
39
00
00
00
00
50
00
00

------ ------

$88,100 $115·,977 00

$101,733 89

RAILROAD BONDS.

New London&Nortbern R.R. 7s, reg.
New London & Northern R.R. 6s
Vermont and Massachusetts Railroad,
Boston and Revere Beach Railroad •
Boston and Lowell Railroad

.

.

$25,000
3,500
2,000
25,000
10,000

$31,250
4,305
2,060
29,500
11,300

$65,500

$78,415 00

•

00
00
00
00
00

$25,000
3,500
2,000
26,268
10,491

00
00
00
75
67

$67,260 42

6

[Jan.

BANK 001\fMISSIONERS' REP ORT.
AND OYER SA VIN"GS BANK-ANDOVER.
Incorporated April 2, 1834.

umber of corporators, 55.

MosE FosTER, President.

Treasurm- r

JOHN

F: KnIBALL,

STATEMENT.

LIABILITIES,

ASSETS.

II
Depo its
Earnings undividetl
G11aranty fuutl .

$ 1,336,424 95
42,050 2fi
26,000 00

Public funds
Bank stock
Loans on bank Rtock
Loan on savings bank
hook
Railroad bonds .
.
.
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to counties, cities, or

$468,250 00
160,700 00
500 00
100
174 000
40,296
406,0 9
132,635

10,000 00
9,219 67
2,6 :l 59

tO\V11S.

Deposit in banks on interest,
Cash on band
$ 1,404,475 21

, 1,40!,475 21

Loans on Bank Stock: On 6 shares Andover National Bank .

$500 00

Ca hon D epo it in Banks, amount in each: Andover National Bank, Andover
Black tone National Bank, Boston

$4,477 13

4,742 54

Amount of real e. tate held by foreclosure
A e ed value of th e same
Amount of income received from the same
Amount of municipal tax on real estate .
Wh l amount of intere tor profits received or earned

00
00
35
28
32

$4.0,296 35
79 119 00
1,130 00

1,159 51
c:5, 003 60
. { 25 929 65
26,314 99

Rat a~d amount of each semi-annual dividend for l 2 per cent
prev10u year .
.
.
.
.
•
.
f 2 per cent
Time for the dividend fixed by the by-laws: third Wedne day
in June and Decemb r.
Th total amount of loan , with each pecified rate of intere t:
':23 000, 4 1 er c nt; . 25 000, 4t per cent; $ -1-,500 5 p r cent;
·2:J0,94.2.15, 6 p r c nt; '4,500, Gt per cent; $163,3 2.45, 7 per
~umh<>r f out. tancling loans wlti hare of an am unt not
ex· dino- '3 000 a 11
1

A~g re.,at amount, of Lh

am

.
A111ou11L of invesLm nL fr m whi h u in om i r c iv d
11111h .r of opr 11 n<:c-ounts .
3 447
11111hrr n11cl a111 011nL f clrpo it. re· ivecl f r pr vious y a r
1 010
uml>e•r n.n,1 amo1111L of cl po it.s f and x eding, 30U a.t any
onr timr for 1hr }H viou year
• 1:30
um her ntHI amo1111t, of , ithdrn, a.I
13 1

251,605 00
,000 00
139,655 33

65,704 00
105,633 68

1882.J

7

PUBLIC DOCUMENT-No. 8.

Number of accounts opened the previous year.
• 431
Number of account clo ed the previous year •
349
mount of expen es of the corporation during previous year
Amount of trea urer's bond
Date of examination by commi sioner: April JS.

$2,100 00
30,000 0

PUBLIC FUNDS,

Par Value.

Estimated
:Market Value.

Amount Invested.

united States 3is and 4s .

.

.

$76,250

$79,500 00

$76,250 00

City and town bonds: City of Bangor, Me.
of Belfast, Me.
of Chelsea
.
of Cambridge .
of Dover, N. H.
of Fall River
of Holyoke
of Lynn
of Lewiston, Me.
of Lowell
of Nashua, N.H.
of Newburyport
of Norwich, Conn.
of Portland, Me.
of Portsmouth, N. H.
.
of Salem .
of Somerville
of Worcester
Town of Melrose
of Northampton .
of Tolland
of Wakefield

.
.

.
.

$25,000
17,000
27,000
12,000
25,500
10,000
18,000
30,000
7,000
5,0()0
5,000
~0,000
35,000
22,000
32,500
20,000
10,000
5,000
15,000
33,000
10,000
8,000

$25,000 00
17,000 00
30,000 00
13,000 00
28,500 00
11,000 00
21 ,000 00
35,000 00
7,500 00
5,500 00
5,500 00
23,000 00
40,000 00
24,000 00
35,000 00
21,000 00
10,000 00
5,000 00
17,000 00
36,000 00
11,500 00
· 8,000 00

$25,000 00
17,000 00
27,000 00
12,000 00
25,500 00
10,000 00
18,000 00
30,000 00
7,000 00
5,000 00
5,000 00
20,000 00
35,000 00
22,000 00
32,500 00
20,000 00
10,000 00
5,000 00
15,000 00
33,000 00
10,000 00
8,000 00

$468,250 $509,000 00

$468,250 00

.
.
.

.
.
.
.

.

.
.
.

.

.
.
.
.
.

.
.
.
.

.
.

.

.

.
.

.
.
.
.
.
.

.
.

.
.

.
.
.
.

BANK

.

Andover Nat'l Bank, Andover
Bay State Nat'l Bank, Lawrence
Blackstone N at'l Bank, Boston
Continental Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
Everett Nat'l Bank, Boston
Hide and Leather ~'l Bank, Boston,
Merchants' Nat'l Bank, Boston
.
Republic N at'l Bank, Boston
Revere N at'l Bank, Boston
.
Webster Nat'l Bank, Boston
Wachusett Nat'l Bank, Fitchburg

.

.

. .

.
.

.
.

STOCK.

$31,200
7,500
10,800
10,000
15,000
4,500
10,000
2,500
22,500
26,300
15,400
5,000

$37,000
10,000
12,000
11,500
18,000
5,000
11,500
3,300
28,000
30,000
17,500
10,000

00
00
00
00
00
00
00
00
00
00
00
00

$160,700 $193,800 00

$31,200
7,500
10,800
10,000
15,000
4,500
10,000
2,500
22,500
26,300
15,400
5,000

00
00
00
00
00
00
00
00
00
00
00
00

$160,700 00

8

BANK COMMISSIONERS' RE P ORT.

[Jan.

RAILROAD BONDS,

.
.

Boston an d Maine Railroad 7s
Bo ton and Lowell Railroad 7s
Old Colony Railroad 7s
.
N ew Bedford Hailroad 7s
orcester and Jash ua Railroad 5s .
Agricultural Branch Railroad 6s

,v

. .
.
.

Par Value.

Estimated
Market Value.

$50,000
64,000
20,000
10,000
5,000
25,000

$60,000
77,800
24,000
12,000
5,000
25,000

00
00
00
00
00
00

$174,000 $203,800 00

Amount Invested.

$50,000
64,000
20,000
10,000
5,000
25,000

00
00
00
00
00
00

$174,000 00

PUBLIC DOCUMENT-No. 8.

1882.J

9

ARLINGTON FIVE CENTS SAVINGS BANK-ARLINGTON.
Incorporated April 2, 1860. Number of corpora tors, 36.
ALBERT WINN, P1·esident.
Tl·easurer, ABEL R. PROCTOR.
STATEMENT.

ASSETS,

LIABILITIES,

Deposits
.
.
•
Earnings undivided .
Guaranty fund .

$656,300 10
12,240 82
12,181 06

Pnl>lic furn.ls
Bank stock .
Railroad bonds
Real estate .
.
.
.
Real estate by foreclosure •
Loans on real estate .
.
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
•
Deposit in bank on interest,
Expense account.
Tax account .
•
Insurance account
Cash on hand

$40,792
Hl.8fi6
5,01:i0
26,396
44,719

75
25
00
59
80
o\:ll,513 56
25,916 19
94,300
30,122
373
1,424
152
94

$680,721 \:JS

10

00
54

$680,721 98

Cash on ])eposit in Bank: Faneuil Hall National Bank, Boston.
Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

00
47
73

•

•

$30,122 47

•

$26,396
26,396
44,719
56,150
4,062
1,424

59
59
80
00
89
10

Whole amount of interest or profits received or earned •
• $35,107 50
Rate a_nd amount of each semi-annual dividend for} 2 per cent .• { 12,187 58
previous year .
•
.
•
•
.
.
• 2 per cent
12,373 06
Times for the dividends fixed by the by-laws: January and July.
-Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4·,l2 per cent.
The total amount of loans, with each specified rate of interest:
$30,122.47, 3 per cent; $46,000, 4 per cent; $13,000, 4½ per cent;
$41,000, 5 per cent; $171,550, 6 per cent; $32,000, 6½ per cent;
$207,579.75, 7 per cent; $600, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 243
Aggregate amount of the same •
229,336 18
. Number of open accounts .
.,
2,361
Number and amount of deposits received for previous year, 2,037 137,924 75
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
45,770 57
77
Number and amount of withdrawals
1,090
93,768 37
Number of accounts opened the previous year.
• 538
Number of accounts closed the previous year •
405
2

10

[Jan.

BANK CO:i\IMISSIONERS' REPORT.

Amount of expen, e of corporation during previous year
Amount of trea urer bond
Date of examination by commi ioner: May 25.

$1,432 08
10,000 00

PUBLIC FONDS.
Par Value.

United States 4s, coupons

$450

City and town bonds: City of Portland, l\1e., 6s
of Lawrence 6s
of Holyoke 6s •
Tov\"n of Woburn Gs
of North Adams 6s

$20,000
6,000
5,000
7,000
5,000

.

$43,450

ES t imated
I.Amount Invested.
Market Value.

$492 75

$526 50
$24,000
7,320
6,500
8,400
5,850

$20,100
5,000
4,167
5,833
5,200

00
00
00
00
00

------

00
00
00
00
00

$40,792 75

$52,596 50

BANK STOCK.

Redemption N at'l Bank, Boston
Republic Nat'l Bank, Boston
Korth America Nat'l Bank, Boston.
Union National Bank, Boston .
Continental N at'l Bank, Boston
Faneuil Hftll Nat'l Bank, Boston
First \Vard N at'l Bank, Boston

$1,000
3,300
2,500
1,200
5,000
1,000
2,200
$16,200

$1,350
4,323
2,875
1,840
5,931
1,307
2,552

00
00
00
50
25
50

oo

I

---1

$1,353
4 281
2 975
1 644
5 955
1 310
2,346

75
50
00
00
75
00
25

$20,179 25

$19,866 25

$6,105 00

$5,050 00

RAILJ\OAD BONDS.
Eastern Railroad

$5,500

1882.]

CHARLE S C.

11

PUBLIC DOCUMENT- No. 8.
ATHOL S AVINGS BANK-AT HOL .
In cor porated 1867. N umber of corporators, 36.
Treasu re1·, ALPB:EUS
B ASSE'.rT, P1·esident .

HARDI NG,

STA T E MENT.

A SSETS.

LIA BlLI TIES.

I
Deposits
.
E a rnin gs undi vided
Guaran ty fund .

.

. . .

P ubli c fund s
Bank stock
Loans on bank stock
Real estate b y fo reclosure
Loa ns on r eal estate
Loans on persona l sec urity,
L oans to counties, cities, or
.
towns .
Deposit in bn.nks on interest,
E xpense account.
A ccrued interest .
Cash on hand

$919,215 3-1
11,053 92
13,725 00

----$ 943,99'1: 26

.

I

l

Loans on Bank Stock, amount on each: On 23 shares Athol National Bank •
On 33 shar es Miller's Ri ver National Bank
On 100 shares South Reading National Bank
Cash on Deposit in Banks, amount in each: Athol National Bank .
First National Bank, Leominster
Central National Bank, Boston •
Continental N ational Bank, Boston •
Westminster National Bank
Franklin County N a tional Bank
Miller's River National Bank, Athol •
National Bank of the Commonwealth, Boston
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

. ..

$8!1,000
H,800
14, 8i5
o,745
333,231
240,362

00
00
00
43
20

79,180
168,000
707
1,201
890

00
00
50
55
84

74

----$943,994 26

$2,075 00
2,800 00
10,000 00
$5,000
35,000
25,000
20,000
10,000

00
00

00
00
00

io,ooo oo
48,000 00
15,000 00
$6,745
8,125
603
119

43
00
00
90

Whole amount of interest or profits receh·ed or earned •
$47,587 75
Rate and amount of each semi-annual dividend for l 2 per cent • { 16,989 77
previous year .
i 2 per cent . 17,1G7 06
Times for the dividends fixed by the by-laws: January and July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5~ per cent.
The total amount of loans, with each specified rate of interest:
$76,500, 4 per cent; $36,500, 4¼ pP,r cent; $50,000, 4-½ per cent;
$104,828.34, 5 per cent; $394,820.60, 6 per cent; $5,000, 7 per
cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
319

[ Jan.

BANK COnl~IISSIO ERS' REPORT.

• $264,351 60
Aagreo-ate amonnt of the same •
umber of open account .
3,352
Number anJ amount of depo it recci·rnd for previou year,
,000 174,652 32
.Number and am ount of depo it of and exceeding ''300 at any
. 136
62,29 22
one tim e for tl.J e I revious year
umber and amount of n-ithdrawals
1,304 130,209 72
umber of accounts opened the previous year.
. 567
Number of account clo ed the pred ou year •
. 280
2,338 42
Amount of expenses of the corporation during previous year
10,000 00
Amount of treasurer's bond
Date of examination by commissioner: June 23.
PUBLIC FUNDS,

Par Vaine.

United States 6s, currency

.

State, city, and town bonds: .
State of New Hampshire
.
City of Cambridge .
of Charlestown
of Lynn
. . .
of Newton
of Portland, Me.
Town of Meriden, Conn.
.
of Haverhill •

.

.

.
.
.
.

.

.
.
. .
.
.
.

.
.
.
.

Estimated
!Amount Invested.
Market '\Talue.

$10,000

$13,000 00

$14,000
15 000
10,000
10,000
10,000
5,000
14,000
1,000

$14.700
15,900
10,100
10,700
11,000
5,350
14,700
1,100

$89,000

$96,550 00

00
00
00
00
00
00
00
00

$10,000 00
$14,000
15,000
10,000
10,000
10,000
5 000
14,000
1,000

1-$

00
00
00
00
00
00
00
00

9,000 00

BANK STOCK.

Blackstone J at'l Bank , Boston
Eliot .J: at'l Bank, Bo ton
Eagle at 'l Bank, Bo ton
.
l\liller River N at'l Bank, Athol

$1100
1,000
5,000
2,700

$1 265
1,LO
5,900
4,320

00
00
00
00

$1,100
1 000
5,000
2,"00

00
00
00
00

1- - - - - - - - - - - - - - - - $9, 00

$12 605 00

$9, 00 00

1882.]

13

PUBLIC DOCUMENT-No. 8.

ATTLEBOROUGH SAVINGS BANK- ORTH ATTLEBOROUGH .
Incorporated 1860. Number of corporators, 68.
ABIEL CODDING, President.
Treasu1·e1·, EDWARD R. PRICE.
STATEMENT.

LIABILITIES.

Deposits
.
.
E arnings undivided
Guarant,y fund .

ASSETS.

$424,170 03
10,444 34
7,200 00

$25,000
5,079
230,672
82,871

Public funds
Bank stock .
.
.
Loans on real estate .
L oans on personal security,
L oa ns to couuties, cities, or
towns .
.
.
.
.
D eposit in banks on interest,
Expense acco unt .
Cash on hand

00
00
00
25

38,000 00
61,244 02
98 46
3,849 64

$441,814 37

$441,814 37

Cash on Deposit in Banks, amount in each: Maverick National Barik, B os ton
Attleborough National Bank, North Attleborough •

•

Whole amount of interest or profits received or earned •
Rate a.nd amount of each semi-annual dividend for} 2~ per cent . {
previous year .
•
.
.
.
.
.
. 2½ per cent .
Times for the dividends fixed by th e by-laws: April 1 and Oct. 1.
The . total amount of loans, with each specifi ed rate of interest:
$25,000, 3½ per cent; $5,000, 4 per cent; $35,500, 5 per cent;
$162,221.25, 6 per cent; $143,572, 7 per cent; $250, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3, 000 each
. 194
Aggregate amount of the same .
Number of open accounts .
1,448
Number and amount of deposits received for previous year, 1,485
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 133
Number and amount of withdrawals
418
Number of accounts opened the previous year
328
Number of accounts closed the previous year .
• 113
Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: May 4.

$61,244 02
3,849 64
$22,168 46
8,362 20
9,196 88

192,722 25
164,656 25
79,785 41
83,346 13

1,475 20
20,000 00

PUBLIC FUNDS.

Par Value.

United States 6s, regist'd extended ·

I · $25,000

E stimated
!Amount Invested.
Market Value.

$25,375 00

I

$25,ooo oo

$5,100 oo

I

$5,079 00

BANK STOCK.

First N at'l Bank, Attleborough

.

I

$5,100

14

[ Jan.

BA K CONEVIISSIONE RS: REPORT.
BARRE SATI GS BANK - BARRE.
Incorporated May, 1869. Number of corporators, 51.

CHARLES BRU\IBLECOM,

P1·esident.

T1·easure1· , HARDING

WOOD S.

STATEiIENT.

ASSETS ,

LUBILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund .

$228,!'i50 45
13,6liH 44
3,150 00

Bank stock .
.
.
Hailroacl bonds .
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Deposit in bank on interest,
Expense account.

$245,36!:l 89

$126,893
6,060
4,000
67,0 1
33,!195
7,100
238

54
00
00
98
79
07
51

$245,36!:l 89

Cash on Deposit in Bank: First National Bank, Barre

$7,100 07

Amount of real estate held by foreclosure
.Assessed value of the same
.A.mount of income received from the same
.A.mount of municipal tax on real estate .

$4,000
3,300
336
52

Whole amount of interest or profits received or earned
Rat.e and amount of each semi-annual divitlend fort 2 per cent . j
previous year .
.
.
.
.
.
.
52 per cent . I
Times for the dividends fixed by the by-laws: Jan. 15 anu July 15 •
.Average annual per cent. of dividends for the term ending at time
of and including last extra clivillend: 5k per cent.
The total amount of loans, with each pc cified rate of interest:
$29 000, 6 per cent; $5,000 6½ per cent; $45 398.67, 7 per cent;
$1,300.70, 7t per cent; $20,31 .31, 8 per cent.
Number of out tanding loans which are of an amount not
exceeding $3, 000 each
48
Aggregate amount of the same .
Amount of inv tments from which no income i received
Number of open account .
41
Numb rand a mount of d Io iL receiv cl for previous year
355
Number and amount of d po. it of and xcceding $300 at any
on time for the pr viou year
26
umhc>r and amount of witl1clrawal
30l
11mh r o( ac ounts op necl the previou y ar.
• 136
111nhcrof ac ount · lo cl th pr viou y ar .
2
111011nt of xp n-;c ( th orporntion clurinO' previou year
Amn1111L of tr a urrr's hontl
lJaL of cxaminatiuu by ommi i n r: July G.

00
00
36
12

$13 874 04
4,167 52
4,254 55

37,759 46
16 1 31
31 456 13
11,591 42
26 233 GS

745 7
15 000 00

1882.J

15

PUBLIC DOCUMENT- No. 8.
BANK STOCK.

Par Vallie.

.

.
.
.
.
.
.
.

Atlas Nat'l Bank, Boston
Blackstone Nat'l Bank, Boston
Boston Nat'l Bank, Boston
Boylston Nat'l Bank, Boston .
Continental Nat'l Bank, Boston
Eliot N at'l Ba nk, Boston
First Nat'l Bank, Boston
Mechanics' N at'l Bank, Boston
N at'l Bank of Commerce, Boston
Nat'l Bank of N. America, Boston,
N at'l Bank of Redemption, Boston .
.
Exchange N at'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Revere Nat'l Bank, Boston
Webster Nat'l Bank, Boston
Old Boston N at'l Bank, Boston
.
Second N at'l Bank, Boston
Shoe and Leather N at'l B'k, Boston,
Suffolk Nat'l Bank, Boston
.
Tremont N at'l Bank, Boston
Market Nat'l Bank, Brighton .
vVarc N at'l Bank, vVare .
Central N at'l Bank, Worcester
Citizens' N at'-1 Bank, V{ orcester
City Nat'l Bank, Worcester .
First N at'l Bank, Worcester
First N at'l Bank, Barre

.
.

.

.
. .
.
.
. .
.
. .

.

.

..

.

. .
. .

$1,200
4,200
G,400
2,000
1,700
2,500
7,000
2,800
3,200
2,500
4,600
1,800
2,500
900
3,300
3,500
3,400
2,000
3,000
6,100
5,000
700
5,500
2,100
5,000
2,000
7,400

E stimated
\Amount Invested.
:Marlcet Value.

$1,500
4,830
8,192
2,560
2,015
3,006
14,542
3,6-10
4,024
2,875
6,215
2,592
2,912
1,098
3,679
4,270
5,151
2,250
3,656
7,442
6,625
840
7,700
2,415
5,650
3,200
9,176

00
00
00
00
62
25
50
00
00
00
75
00
50
00
50
00
00
00
25
00
00
00
00
00
00
00
00

$92,300 $122,058 37

.

00
59
27
33
56
00
25
00
00
75
50
50
70
00
63
50
35
00
75
25
00
25
00
00
00
00
00

--

Less interest earned at date of
.
purchase

.

$1,469
5,722
7,975
2,785
2,018
2,991
12,615
3,500
5,316
2,718
6,263
2,977
2,912
1,185
3,462
5,407
5,032
2,800
3,753
7,837
7,660
901
8,050
2,961
6,830
2,700
10,042

.

-

-

$92,300 $122,058 37

$127,888 18

- -

994 64

$126,893 54:

RAILROAD BONDS,

'

Eastern Railroad 4½s
Rutland Railroad 5s

$5,000
$5,500 00
1 000 ·•
890 00

$5,200 00
860 00

$6,000 _

$6,060 00

'
----- - - - -- ----- $6,390 00

16

[Jan.

BANK COM1\1ISSIONERS' REPORT.
BASS RIVER SAVINGS BANK - SOUTH YAR IOUTH.
Incorporated April 20, 1874. Number of corporators, 31.

DAVID KELLEY,

T l'easw·e1·,

President.

DAVID D. KELLEY.

STATEMENT .

LiaBILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund .

ASSETS.

$222,'.?55 49
4,879 90
1,585 82

Public funds
.
Loans on public funds
Bauk stock .
.
.
Loa ns on ba11k stock .
Railroad bonds .
.
.
Real est.ate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Deposit in lJank on interest,
Loans on mill stock* .
.
Sagamore Manufacturing
Company*
.
.
.
Border City Manufacturing
Company*
Casll on hand

$36,746 44
4 fi 'O 00
95;1 'R 38
275 00
10,000 00
728 04
24,832 68
41,350 78
1,510 ~9
2,500 00
5,754 81
4,559 54:

594 55

$228,721 21

$228,721 21

Loans on Public Funds :On $5,250 United States bonds, with principal and two sureties
Loans on Bank Stock: On 3 shares First National Bank, Yarmouth
Cash on Deposit in Bank: In Maverick National Bank, Boston .
.Amount of real estate held by foreclosure
.As essed value of the same
•
Amount of municipal tax on real estate •

$4,680 00

.

$275 00
$1,510 99
$728 04
670 00
11 82

Whole amount or interest or profits received or earned
$11,676
Rate and amount of each semi-annual dividend for I 2 per cent • 5 3,4i3
previous year .
•
.
.
.
.
.
. f 2 per cent . 1 3, 99
Times for the dividends fi xed by the by-laws: April 1 and Oct. 1.
The total amount of loan , with each pecified rate of intere t:
'11,035, 5 per cent; $19,6S0, 5-½ per cent; $20,360.46, 6 per cent;
, 00, 6½ per cent; $21,763, 7 per cent.
Number of out tandin(T loans which are of an amount no t
exce ding 3,000 ach
105
Aggr <Tat amount of the am
48,90
Amount of inv tm nt from which no income i receiv d
72
umli cr of op n a count
976
uml> r ancl amount of cl po it r ceiv d f r pr ,,ion
ar • 496
1,121
umb rand am unt f tl po it · of and exce ding ."300 at any
on tim f r th pr Yious _y ar
68
35,Ci33
umb r ancl am unL of wil.hclrawal
346
3 ,242
Tak n lo ecure lndebtcdnei.1.

28
83
68

46
04
36
13
71

17

PUBLIC DOCUMENT-No. 8.

1882.J

• 209
Number of accounts opened the previous year.
146
Number of accounts closed the previous year •
Amount of expen es of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: June 18.

PunLic

FUNDS.

Par Value.

United States 3½s, registered
City and town bonds: City of Boston 4s
of Providence, R.I., 5s
Town of Beverly 4s

.

.

.

$662 07
10,000 00

ESlimated
IAmount Invested.
Market Value.

$10,000

$10,100 00

$10,000 00

$10,000
10,000
5,000

$10,450 00
11,875 00
5,137 50

$10,000 00
11,746 44
5,000 00

$37,562 50

$36,746 44:

$35,000

------

BANK STOCK.
N at'l Bank of the Republic, Boston,
Faneuil Hall N at'l Bank, Boston .
Eagle N at'l Bank, Boston
.
Old Boston Nat'l Bank, Boston
Everett Nat'! Bank, Boston
Atlas N at'l Bank, Boston
.
Nat'l Bank of Redemption, Boston.
Boston N at'l Bank, Boston
Merchants' Nat'l Bank, Boston
Exchange Nat'l Bank, Boston.
Second N at'l Bank, Boston
.
Suffolk N at'l Bank, Boston .
.
Manufacturers' N at'l Bank, Boston,
Blackstone Nat'l Bank, Boston
.
Tremont Nat'l Bank, Boston •
State N at'l Bank, Boston
'
Shawmut Nat'l Bank, Boston.
Market Nat'l Bank, Boston
First N at'l Bank, New Bedford
Citizens' N at'l Bank, New Bedford,
}'irst Nat'l Bank, Yarmouth .

.
.

.

.

.

.

.
.

.
.
.

.

.

.
.
.
.

.

I

$8,200
5,500
2,100
700
6,300
3,000
5,000
3,000
5,600
5,000
4,900
1,000
10,500
800
7,300
1,500
2,500
1,300
2,400
2,000
1,500

I $10,742
7,397
2,514
854
7,378
3.750
6,756
3,840
9,176
7,200
7,405
1,218
11,576
920
9,271
1,E82
3,081
1,439
3,240
2,300
1,950

00
50
75
00
87
00
25
00
00
00
12
75
25
00
00
50
25
75
00
00
00

$80,100 $103,893 99

$9,731
6,877
2,297
770
6,803
3,660
6,500
3,270
7,840
6,750
7,105
1,000
11,182
800
8,448
1,770
2,750
1,357
2,400
2,000
1,875

88
75
50
00
25
00
00
00
00
00
00
00
50
00
50
00
00
00
00
00
00

$95,188 38

RAILROAD BONDS.

Old Colony Railroad 7s •
Old Colony Railroad 6s •
New Bedford Railroad 7s

3

$4,000
3.000
3;000

$5,000 00
3,450 00
3,600 00

$4,000 00
3,000 00
3,000 00

$10,000

$12,050 00

$10,000 00

_____ ------

,

18

DAVIS

BANK COMnIISSIONERS' REPORT.

[Jan.

BENJAMIN FRA KLIN SAVI "GS BANK - FRA1'1KLIN.
Incorpora t ed Feb . ·23, 1871. Number of corporators, 40.
THAYER, Jun., President.
J'reasurer, C. W. STEWART.
ST A TEl\IENT.

.As ETS,

LIABILITIES.

I
.

Deposits
Earning undivided
Guaranty fund

$ 256,72-! 01
3,521 81
3,070 78

. .

Public funds
.
B a nk stock
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
Deposit in banks on interest,
Expen e account .
Furniture account
Suspen e account
Cash on hand

.

. .

-----

.

$ 263,316 60

10,000
107
5$!2
562
402
8:26

00
65
01

:u

66
8!:I

., 17 91
4 94:
SJ 80

Amount of real estate held by foreclosure
.A. e ed value of the same
Amount of income received from the same
.A.mount of municipal tax on real estate •

$20 774
22,270
37
410

Wh ole amount of intere tor profits received or earned
Rate a~d amount of each semi-annual dividend for l 2 per cent
•{
prev1ou year •
.
.
.
.
.
•
S 2 per cent
Time for the divid ends fixed by the by-laws: the first l\londay in
J anua ry a nd July .
.Av rage a n nu al per cent of diviuend for the term ending a t time
of and including la t extra divid end: 4 per cent.
The tota l a m ou n t of Joan , wi th each pecified rate of interest:
'10,400, 4 per cen t; "12, 00 5 per cent; 6" 74:2.22, 6 per cent;
7.J,670, 7 p r cen t; " -75
per cent.
Num ber f ou t tand in a Joan which are of an amount not
x
d ing '3,000 a h
14:1
ga r gat a m ount f th a m e •
m unt of inv t ment from whi ch n o incom i r cei v d
p n ac ou11t •
1,20 ...
um h r a n cl amount of cl po, iL r
iv cl fo r pr vi ou:, · a c·
722
um be r a nd amc unl of depo ·it of a nd xce tling $300 at any
11 time for Lh pr \'iou y ar
0
11 1111.) r anti a m unL of witlld ra wal
604
ncl'l\l hns gl\'on nn opi ni on tbnt d po it

50
12
24
00
22

$2fi3,316 60

Cash on Deposit in Banks amount in each: Franklin National Bank, Franklin
:Maverick National Bank, Boston
International Trust Company, Boston* •

Tb .Attorney·
company arc leg I.

21,223
51,6-!0
20,7H
125,751
31,436

by aving

24
00
4-i
11

12, 94 46

4,619 97
4 750 32

117.7 7 22
2,GOO 00
56,371 13
16.167 '
47,791 02

bnnks In tbi tru t

1882.]

19

P UBLIC DOCU1\'1ENT -No. 8.

Number of accounts opened the previous year.
• 168
Number of accounts closed the previous year .
• 140
Amount of expenses of the corporation during previous year
Amount of treasurer' s bond
Date of examination by commissioner: Aug. 24.

$1,225 83
5,000. 00

P UBLIC F UNDS .

Par Value.

E stimated
Market Value.

Amount Invested,

United States 4½s, registered

.

.

$16,000

$17,920 00

$16,312 50

City bonds: City of Bath, Me.
of Lewiston, Me.

.

.

.
.

$2,000
3,000

$2,000 00
3,240 00

$1,815 00
3,096 00

$21,000

$23,160 00

$21,223 50

.

.

.

BANK STOCK.

Wrentham Nat'l Bank, Wrentham.
Franklin N at'l Bank, Franklin
Tremont Nat'l Bank, Boston .
Hide and Leather Nat'l B'k, Boston,
Howard N at'l Bank, Boston
Washington Nat'l Bank, Boston
Eliot Nat'l Bank, Boston
Market N at'l Bank, Boston
Revere Nat'l Bank, Boston
Commerce Nat'l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
Cohimbian N at'l Bank, Boston
•
North America Nat'l Bank, Boston,
Hamilton N at'l Bank, Boston •
Continental N at'l Bank, Boston

.

.

.
.
.

.
.
.
.
...
.

.

$630
12,900
3,100
900
2,500
2,300
7,000
1,000
1,600
2,700
800
1,400
1,500
3,000
500
$41,830

$720
14,835
3,906
1,080
3,275
3,220
8,470
1,130
2,016
3,510
928
2,044
1,800
3,720
610

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$51,264 00

$990
15,255
3,902
1,032
2,902
3,266
8,887
1,100
1,776
3,456
1,137
1,845
1,680
3,790
620

00
00
37
75
50
00
50
00
00
00
00
00
00
00
00

$51,640 12

20

HoN. J

[Jan.

BANK COl\1l\1ISSIONERS' REPORT.

BERKSHIRE COUNTY SAVINGS BANK - PITTSFIELD.
Incorporated 1847. Number of corporators, 46.
ULIUS ROCKWELL, P resident.
Treas·u1·er, ROBERT W. ADAM.
STATEMENT.
LIABILITIES.

Deposits
•
.
• $1,768,936 92
Earnings undivided
18,745 52
Guaranty fund .
22,500 00

ASSETS.

Public funds
I Bank
stock .

.I

.
Loans on bank stock
Railroad bonds .
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal secnrity,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Expense account.
Premium account
.
.
Cash on band, and in banks
not on interest .

•

•

Whole amount of interest or profits received or earned
•
Rate a_nd amount of each semi-annual dividend for} 2 per cent ·. {
previous year .
•
•
.
.
.
.
. 2 per cent
Tim e fo r th e di vidends fi xed by the by-laws: fir t Thur day in
J anu ar y an d Jul y.
Average annu al per cent of d ividend for the term ending at time
of and inclucl ing la. t xtra cli vidend: 6-½ per cent.
Th e tota l amount of loan , wi th each sp cifi d rate of int re t:
$6,000, 4 p r c nt ; $20,000, 4-½ per cent· $2,000 6½ p r
nt;
$ 30,06 .. 0, 6 p r
nt ; $ :5,000, 7 per cent.
Numb<> r o( ouL Lan cl ing loan which are of an amount n t
x · di nrr $3,000 a h
200
A grrrcgat , m unt of th am
A.moun t. f in v Lm cnt from whi h no incom i r
ived
Numb r f op n a ount
6, 1 2
Number and a mount of d po. it 1· c iv d for pr viou y :ir, 5 159

*

D •poelta taken fo r fo rec!osed r •a l sto.te s old.

45,000
27,859
4,fi57
26,571

00
89
00
50

$1,810,182 44

Cash on Deposit in Banks, amotmt in each: Revere National Bank, Boston .
National Bank of the Commonwealth, Boston.
North Adams Savings Bank*
South Adams Savings Bank *
Agricultural National Bank, Pittsfield
Pittsfield National Bank, Pittsfield
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

00
00
40
30
66

00
00

16,521 69

I$1,810,182 44
Loans on Bank Stock, amount on each:On 160 shares Pittsfield National Bank
On 19 shares Agricultural National Bank
On 5 shares Third National Bank, Pittsfield.

$590,500
94,120
21,900
10,000
90,983
691,873
190,195

$19,000 00
2,500 00
400 00
$24,845
14
1,000
2,000
5 418
8,759

01
88
00
00
91
32

$90,983
56,050
2, 91
590

40
00
00

22

$87,571 35
31 914 41
33,362 31

261, !'il 00
5,900 00
359,780 29

1882.J

21

PUBLIC DOCUMENT-No. 8.

Number and amount of deposits of and exceeding $300 at any
. 213 $104,322 57
one time for the previous year
Number and amount of withdrawals
3,407 321,792 49
Number of accounts opened th e previous year.
1,197
Number of accounts closed the previous year .
738
5,672 50
A.mount of expenses of the corporation during previous year
50,000 00
A.mount of treasurer's bond
Date of examination by commissioner: August 3.
PUBLIC FUNDS.

Par Value.

I
United States 3fs, extended
"
" 4s, registered
"
" 6s, currency

.
.
.

State, city, and town bonds:State of Connecticut 6s
City of Boston 4s
of Charlestown 6s .
of Bath, Me ., 6s
of Pawtucket, R.I., 5s
of Providence, R.I., 5s
Town of ·w atchernoket, R.I., 5s
of Pittsfield 6s
of A.dams 6s .

.

.
.

.
.

.
.
.

. .
.
.

.
.
.
.
.
.

.

.
.
.
.
.
.

$50,000
285,000
55,000
$5,000
30,000
5,000
12,000
20,000
27,000
26,500
50,000
25,000

Estimated
Amount Invested.
Market Value.

$51,562 50
301,000 00
55,000 00

$50,500 00
330,600 00
71,500 00
$6 ,000
33,000
5,500
12,000
22,000
29,700
29,000
60,000
28,000

$5,000
30,000
5,000
13,667
21,300
30,360
28,970
50,000
25,000

00
00
00
00
00
00
00
00
00

00
00
00
50
00
00
00
00
00

$616,860 00

$590,500 $677,800 00
BANK STOCK.

.

Blackstone Nat'l Bank, Boston
Howard Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston .
North Nat'l Bank, Boston
. .
Atlantic N at'l Bank, Boston
Merchants' Nat'l Bank, Boston
Boston N at'l BaI).k, B.o ston
Revere N at'l Bank, Boston
Webster N at'l Bank, Boston .
Eagle N at'l Bank, Boston
.
Hide and Leather Nat'l B'k, Boston,
Bank of Commerce, Boston .
•
Atlas Nat'l Bank, Boston
.
Hadley Falls Nat'l Bank, Holyoke .
Adams Nat'] Bank, North Adams .
Chicopee First N at'l Bank, Chicopee,
Agricultural N at'l Bank, Pittsfield
Pittsfield N at'l Bank, Pittsfield
Lee Nat'l Bank, Lee

. .
.

.
.
.
.

.
.
.
.

.

.

.

.
.

.

$4,100
3,200
2,000
3.500
4,500
6,8UO
10,000
12,000
8,000
8,000
2,500
6,000
900
2,000
200
6,000
3,200
4,500
6,720

$4,715 00
4,176 00
2,550 00
4,970 00
6,885 00
9,928 00
12,800 00
14,640 00
8,920 00
9,520 00
2,912 00
7,500 00
1,125 00
3,500 •00
275 00
10,000 00
6,000 00
5,700 00
8,000 0~

--

$94,120 $124,116 00

·,

$4,100
3,200
2,000
3,500
4,500
6,800
10,000
12,000
8,000
8,000
2,500
6,000
1,111
2,000
200
6,000
3,200
4,500
6,720

00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00

- -----

$94,331 50

RAILROAD BONDS.

Worcester and Nashua Railroad

. j

$10,000 j $10,000 00 j

$10,000 00

22

WIL~I

BANK COMMISSIONERS' REP ORT.
BEVERLY SAVINGS BANK - BEVERLY.
Incorporated 1867.
Number of corporators, 42.
ENDICOTT, P resident.
Treasurer, R. G.

[Jan.

BENNETT.

STATEl\IENT.

LIABILITIES.

ASSETS,

I
Deposits
Earnings undivided
Gauranty fund .

.

$573,931 99
3,365 35
8,000 00

Loans on public funds
.
Bank stock
Loans on bank stock .
Railroad bonds
Real estate by foreclosure .
Loans on real e~tate
Loans on personal security,
Loans to counties, cities, or
tow n .
.
Deposit in banks on interest,
Expense account .
Premium account
Cash on hand

..
.

.

.

. ..

$585,297 34

Loans on Public Funds: On $35,000 United States 3-½s
Loans on Bank Stock: On 63 shares Beverly National Bank •
Cash on Deposit in Banks, amount in each:National E xchange Bank, Boston
Beverly National Bank, Beverly
Amount of real estate held by foreclosure
A ssessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$35,000
137,490
6,200
2,000
19,412
238,599
2,125

00
()0
00
00
91
00
00

105,000
15,000
2
15,000
9,467

00
00
50
00
93

$585,297 34

$35,000 00

$6,200 00
$15 000 00
9,467 93
19,412
21 50
1, 54
378

91
00
16
03

Whole amount of interest or profits received or earned
$31 402
Rate a~d amount of each semi-annu al dividend for } 2 per cent
• 5 9,967
previous year •
.
•
•
.
.
•
2 per cent
. I 10,63
Ti me for the dividends fixed by the by-laws: fourth Wednesday
in April and October.
The total amount of loans, with each specified r ate of intere t:
$37 5
4 per cent; $5,000, 4½ per cent; $97 600, 6 per cent;
246 02J, 6 per cent.
Number of out tanding loans which are of an amount not
exceedino- , ':3,0 each
244
Ao-gr gat amount of the ame .
231,274
Amount f inv tm nL from which no income is received
'65
Numb r of p n account .
1,972
Numb rand am unt f d posit receiv d for pr viou year
5 •!05 145 957
umber and amount of d po it of and exceed ing $300 at any
on iroe for tbe pr vion year
. 116
64,6 1

78
03
61

00
35

66
19

1882.J

23

P UBLIC DOCUMENT-No. 8.

1,116 $87,559 06
Number and amount of withdrawals
• 264
Num ber of accounts opened the previous year.
191
Number of accounts closed the previous year .
969 26
Amount of expenses of the corporation during previou year
15,000 00
A mount of treasurer's bond
Date of examination by commissioner: Aug. 13.
B ANK S T OCK ,

Par Value.

.
.
.

.
Atlas Nat '] Bank , Boston
City Nat 'l Bank, Boston .
Continental Nat'l Bank , Boston
E agle N at'l Bank, Boston
Freeman's Nat'l Bank, Boston
Massachusetts Nat 'l Bank, Boston
North Nat'l Bank, Boston
Hide and Leather Nat 'l B'k , Boston,
Howard N at' l Bank, Boston
Merch andise Nat 'l Bank, Boston
Republic N at'l Bank, Boston
Revere Nat'] Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
Traders' Nat'l Bank, Boston
.
Tremont Nat'l Bank, Boston
Webster N at 'l Bank, Boston
.
First N"at'l Bank, Lynn
.
Grand Nat'l Bank, Marblehead
Asiatic N at'l Batik, Salem
.
Exchange N at'l Bank, Salem .
.
F irst N at'l Bank, Salem .
Mercantile Nat' l Bank, Salem.
Salem N at' l Bank, Salem
Beverly Nat'! Bank, Beverly

.

.
.
.
.
.

.

.
.
.
.
.
.

.

.

.

.
.

.
.

.
.
. .
. .

$5,000
10,000
5,000
5,000
5,000
10,000
5,000
5,000
5,000
3,000
5,000
3,800
5,000
10,000
5,000
5,000
5,000
1,800
2,190
3,300
4,700
3,700
5,000
20,000

E stimated
Market Value.

$6 ,250
12,300
5,950
6,000
5,950
12,400
7,150
5,800
6,500
3,300
6,250
4,630
5,650
10,200
6,100
5,500
6,000
2,160
2,920
3,960
5,640
4,440
6,000
25,000

--

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00 ·
00
00
00
00

$1;-37,490 $166,050 00

A.mount Invested.

$5,000
10,000
5,000
5,000
5,000
10,000
5,000
5,000
5,000
3,000
5,000
3,800
5,000
10,000
5,000
5,000
5,000
1,800
2,190
3,300
4,700
3,700
5,000
20,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$137,490 00

RAILROAD BONDS .

Eastern Railroad

$2,000

$2,200 00

$2,000 00

24

ALONZO

[Jan.

BANK COMMISSIONERS' REPORT.
BOSTON FIVE CENTS SAVINGS BANK - BOSTON.
Incorporated 1854. Number of corporators, 47.
T1·easm·er, CURTIS C.
H. EVANS, President.

NICHOLS,

STATEMENT.

LIABILITIES,

ASSETS.

II
Deposits
.
.
$9,612,566 75
Earnings undivided •
255,36-1 28
Guaranty fund .
139,528 48

Public funds
.
.
$ 1,367,000 00
2,ti50 00
Loans on public funds
Bank stock .
.
.
357,587 50
2H,100 00
L oans on bank stock .
140,000 00
Railroad bonds •
1:3!1,fi0l 31
Real estate .
.
.
.
Real estate by foreclosure .
177,06:l 50
4,134,&i5 28
Loans on real estate .
.
Loans on personal security,
2,463,500 00
Loans to counties, cities, or
towns.
.
.
.
.
508,000 00
Deposit in banks on interest,
668,86H 65
10:3 49
E xpense account.
19,518 88
Cash on hand

$ 10,007,459 51

$ 10,007,459 51

L oans on Public Funds, amount on each: On $1,500 United States bonds .
On $1,300 State of Maine bonds
Loans on Bank Stock, amount on each:On 146 shares Maverick National Bank
On 11 shares Old Colony National Bank, Plymouth
On 40 shares National Bank of R edemption •
On 40 shares Everett National Bank
On 25 shares Atlas National Bank .
On 30 shares Blackstone National Bank •
Ca h on Deposit in Banks, amount in each: National Bank of the Commonwealth
Merchandi ·e National Bank
Blackstone National Bank •
Iaverick National Bank •
Fir t Nati nal Bank •
Trader ' National Bank
Mount Vernon National Bank
ntral National Bank
aLional Exchange Bank •
National curity Bank
First aLional Bank, ewburyport
mount inv

ted in re-al

tate (for bankino- purpo e ) •

E timnL <1 valu of tb sam
Amount of r al tat h !cl by for clo ure
A . s cl valu of th same
Amonnt of inc m r civ 'l from the ame

mount of muni ipc I tax on real e Late .

: } $2,650 00

•

$14,600 00
1,100 00

:!

10,500 00
3,000 00

$34 524
10,340
109
65,95
115
100,000
50,000
150,414
90,407
100,000
67,000

01
09
3u
53
07
00
00
78
79
00
00

• $139,601
175,000
• 177,0(33
245, l50
10,000
6,833

21
00
50
00
00
96

25

PUBLIC DOCUMENT-No. 8.

1882.]

Whole amount of interest or profits received or earned .
$515,043
Rat~. a_nd amo~nt of each semi-annual dividend for} 2a per cent . { HiS,025
prev10us year ,
.
.
.
•
•
.
. 1 4 per cent . 151,788
Times for the dividends fi xed by the by-laws: second Wednesday
in April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7 per cent.
The total amount of loans, with each specified rate of interest:
$05,000, 3 per cent; $192,000, 3-½ per cent; $30,000, 3¾ per cent;
$245,000, 4 per cent; $181,(:i00, 4-½ per cent; $585,000, 4¾ per cent;
$1,846,600, 5 per cent; $45,300, 5¼ per cent; $610,000, 5½ per cent;
$1,126,130.48, 6 per cent; $35,000, 6¾ per cent; $564,650, 6½ per
cent; $819,:.!36.60, 7 per cent.
Number of outstanding loans which are of an amount not
258
exceeding $3,000 each
450,4="•0
Aggregate amount of the same .
49,638
Amount of investments from. which no income is received
Number of open accounts •
70,350
Number and amount of deposits·received for previous year, 55,373 3,013,731
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
1,887 1,068,572
Number and amount of withdrawals
36,363 2,086,107
Number of accounts opened the previous year
8,415
Number of accounts closed the previous year .
3,340
29,876
Amount of expen~es of the corporation during previous year
25,000
Amount of treasurer's bond
Date of examination by commissioner: April 28.

97
83
93

00
50
43
00
67

29
00

PUBLIC FUNDS.

Estimated
Market Value.

Amount Invested.

$600,000

$762,500 00

$600,000 00

$100,000
50,000
219,000
50,000
50,000
198,000
100,000

$101,000
54,500
247,000
56,000
50,000
202,680
108,000

$100,000
50,000
219,000
50,()00
50,000
198,00U
100,000

Par Value.
i

I

United States bonds

. . .

State and city bonds: State of Massachusetts .
of Maine
City of Boston
.
of Chelsea
.
of Newton
of Somerville .
of Salem

.
.
.

.

.

.

.
.
.
.

.
.
.
.
.
..

.
.
.

.
.

.
.

00
00
00
00
00
00
00

00
00
00
00
00
00
00

-- - ---- --

$1,367,000 $1,581,(>80 00 $1,367,000 00

BANK STOCK.

Third N at'l Bank, Springfield
Boston Nat'l Bank, Boston .
.
Hide and Leather N at'l B'k, Boston,
Republic Nat'l Bank, Boston.
4

$10,000
15,000
32,500
15,000

$15,600
18,900
37,700
18,750

00
00
00
00

$10,000
15,287
32,500
15,0UO

00
50
00
00

26

BANK COMMISSIONERS' REPORT.
B ANK

STOCK -

Concluded.
Pa r Value.

.

Second N at ' l Bank, Boston .
First N at 'l Bank , Boston
Blackstone Nat'l Bank , Boston
Suffo lk Nat ' l Bank , Boston
Shawmut Nat'l Ban k , Boston .
T remont Nat ' l Bank, .Boston .
.
Conti nen tal Nat ' l Bank , Boston
Rockl an d N at ' l Bank, Boston .
, vashington Nat 'l Bank, Boston
.
H oward Nat ' l Bank, Boston .
R e,·ere N at'l Bank, Boston
Merchants' Nat'l Bank, Boston
W ebst er N at 'l Bank, Boston .
Commonwealth Nat 'l Bank, Boston,
Merchandise Nat'l Bank, Boston
Commerce N at' l Bank, .Boston

.
.

.

.
.
.

.
.
.
.
.
.

.

.

[Jan.

$12,000
25,000
41,100
17,100
10,000
29,500
10,000
20,000
15,000
20,000
22,500
4,700
7,500
28,000
10,000
12,400

-----

Estima ted
Market Value.

$17,520
50,750
47 ,265
20,862
1:2, 500
36,285
11,600
26,400
20,400
25,000
27,000
6,815
8,250
34,440
11,000
15,252

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$357,300 $462,289 00

Amount Invested.

$12,000 ·00
25,000 00
41,100 00
17,100 00
10,000 00
29,500 00
10,000 00
20 ,000 00
15,000 00
20,000 00
22,500 00
4,700 00
7,500 00
28,000 00
10,000 00
12,400 00

- - - - --

$357 ,587 50

RAILROAD BONDS,

E astern Railroad

.

$140,000 $152,600 00

$140,000 00

1882.J

P UBLIC DOCUMENT - No. 8.

27

B OSTON PENNY SAVIN GS BANK - BOSTON.
Incorporated 1864. N umber of corporators, 100.
EBEN HowEs, President.

Treasurer, H ENRY R. REYNOLDS.
S T A T E M EN T.

LI A BILITIES .

D eposits
.
.
E arnings undivided
Guaranty fund

.

. .

A SS ETS.

$ 753, 790 34
9, 170 01
12,089 05

. .. .

Public fund s
B ank stock
L oans on bank stock •
Railroad bonds
Real estate
.
Real estate by foreclosure .
Loans on real estate
.
L oans on personal sec urity ,
D eposit in bank s on interest,
Ex pense account .
Accrued iI1terest .
Cash on band

.

.

.

.

.. .
. .

$ 775,049 40

$22,450
103,690
500
6,225
115,000
4,:-n 5
363,450
60,000
79,111
358
8,936
11,012

- -- - $ 775,049 40

Loan on Bank Stock: On 5 shares Mechanics' National Bank, Boston
Cash on Deposit in Banks, amount i:h each: Maverick National Bank •
Hide and Leather National Bank
Mount Vernon National Bank •
Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of
the same
I
Amount of income received from the same
Amount of municipal tax on real estate •

00
50
00
00
00
69
00
00
28
60
32
01

$500 00

•

$22,563 22
6,548 06
50,000 00

• $115,000
100,000
4,315
4,400
300
1,166

00
00
69
00
00
2_1

Whole amount of interest or profits received •
$37,862
Rate and amount of each semi-annual dividend for } 1½ per cent •· 5 10,538
previous year .
.
•
•
.
.
•
1½per cent
1 10,467
Times for the dividends fixed by the by-laws: second Wednesday
in April and October.
Average annual per cent of dividends for the term endirtg at time
of and including last extra dividend: 7 per cent.
The total amount of loans, with each specified rate of interest:
$10,000, 4 per cent; $50,000; 4½ per cent; $39,500, 5 per cent;
$3,500, 5-½ per cent; $217,500, 6. per cent; $ 15,500, 6½ per cent ;
$77,750, 7 per cent; $6,200, 7½ per cent.
· Number of outstanding loans which are of an amount not
exceeding $3,000 each
37
Aggregate amount of the same •
66,250
Number of open accounts .
5,674

16
04
71

00

28

BANK COMMISSIONERS' REPORT.

[Jan.

:rumber and amount of deposits received for previous year, 5,031 $202,590 09
Number a11d amount of deposits of and exceeding $300 at any
. 113
6~ 602 24
one time for the previous year
Number and amount of withdrawals
2,954 187,556 41
Number of accounts opened the previous year.
748
Number of accounts closed the previous year .
. 655
Amount of expenses of the corporation during previous year
4 350 29
Amount of treasurer's bond
10,000 00
Date of examination by commissioner: Feb. 23.
PUBLIC FUNDS.

United States 4s

.

.

.

.

P ar Value.

E stimated
Ma rket Value.

Amount Invested.

$20,000

$23,225 00

$22,450 00

$17,568
11,650
5,750
6,250
5,512
3,650
5,500
6,400
5,002
5,352
6,447
1,380
14,542
6,506
4,763

$16 ,725
11 ,550
5,525
6,300
5,325
3 ,600
5,175
6,050
5,084
5,448
6,384
1,402
14,2 10
6,250
4,662

BANK STOCK.

. .

Everett Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
North America Nat'l Bank, Boston,
Atlas Nat'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,
:Merchants' Nat'l Bank, Boston
Fourth N at' l Bank, Boston
Boston N at'l Bank, Boston
Tremont Nat'l Bank, Boston
Webster Nat'l Bank, Boston
Atlantic N at'l Bank, Boston .
State Nat'l Rank, Boston
First Nat'l Bauk, Boston
Howard Nat 'l Bank, Boston
.
Commerce Nat'! Bank, Boston

.

.
.
.

.
.
.
.

.

.
.
.
.
.
.
.
.

.

$15,000
10,000
5,000
5,000
5,000
2,500
5,000
5,000
4,100
4,800
4,200
1,100
7,000
5,000
3,700

75
00
00
00
50
00
00
00
00
00
00
50
50
25
75

$82,400 $106,275 25

00
00
00
00
00
00
00
00
00
00
00
50
00
00
00

-----$103,690 50

RAILROAD BONDS,

Boston and Main e 7s

$5,000

$6,356 25

$6,225 00

29

PUBLIC DOCUMENT - No. 8.

1882.J

BRAINTREE SAVIN GS BANK - SOUTH BRAINTRE E.

Incor porated March 21, 1870. Numb.er of cor porators, 22.

E. A.

HOL L INGSWORTH,

T l'easure1·,

P resident.

C. H . HO BART,

S T A T E M ENT ,

LI ABILITIES ,

Deposi ts
.
.
E arnings undi vided
Guaranty fund

A SSETS.

$89,292 96
3,203 !l3

945 40

•

Public funds
Bank stock .
.
.
.
Real estate by foreclosure .
Loans ou r eal estate .
.
Deposit in bank on interest,
E xpense account .
Cash on hand

$93,442 29

$19,571
28,21\J
2,921
41,240

63
74
32
00

1,311 24

53 ~6
125 00

$93,442 29

Cash on Deposit in Bank : Shawmut National Bank, Boston

$1,311 24

Amount of real estate held by foreclosure
Amount of income received from the same
Amount of municipal tax on real estate •

$2,921 32
200 00
33 36

Whole amount oi interest or profits received or earned •
Rate and amount' of each semi-annual dividend for} 2 per cent
.• {
previous year •
•
.
.
•
•
.
2 per cent
Times for the dividends fix ed by the by-laws: Jan. 1 and July 1.
The total amount of loans, with each specified rate of interest :
$25,530, 6 per cent; $13,310, 7 per cent; $2,400, 7½ per cent.
Nu mber of outstanding loans which are of an amount not
exceeding $3,000 each
39
Aggregate amount of the same .
•
Number of open accounts ..
• 392
Number and amount of deposits received for previous year • 294
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
21
Number and amount of withdrawals
• 180
Number of accounts opened the previous year.
50
45
Number of accounts closed the previous year •
Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: June 28.

$4,777 45
1,504 99
1,551 28

41,240 00

27,211 74
11 ,930 42
20,619 76

248 73
5,000 00

30

BANK COM~MISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

United States 4s, coupon.
"
" 3½s, registered

.
.

City and town bonds: City of New Bedford 5s .
.
of Fall River 6s
.
of Boston 6s .
of Worcester 4is
•
.
of Manchester, N. H., 4s .
Town of Brookline 5s

.
.
.

.

.

Par Value.

Estimated
Market Value.

Amount Invested.

.

.

$1,500
4,000

$1,740 00
4,080 00

$1,498 13
4,005 00

.

$3,000
1,000
2,000
2,000
2,000
3,000

$3,360
1,075
2,320
2,170
2,070
3,300

$3,090
1,088
2,320
2,170
2,070
3,240

.

.

.
.
.

$18,500

00
00
00
00
00
00

$20,115 00

00
50
00
00
00
00

$19,571 63

BANK STOCK.

Merchants' Nat'l Bank, Boston
Union Nat'l Bank, Weymouth
•
Manufacturers' Nat'l Bank, Boston,
Union Market N'l B'k, Watertown.
State N at'l Bank, Boston
•
Blackstone N at'l Bank, Boston
.
North America N at'l 13ank, Boston .
Shawmut Nat'l Bank, Bqston .
.
Commonwealth Nat'l Bank, Boston,
Hide and Leather N at'l B'k, Boston,
Merchandise Nat'l Bank, Boston
Brockton Nat'l Bank, Brockton
Freeman's Nat'l Bank, Boston
.
Shoe and Leather Nat'l B'k, Boston,

$700
2,200
2,000
3,200
1,500
3,100
1,000
2,000
1,800
1,000
1,300
2,500
800
2,500

$1,022
2,591
. 2,200
3,520
1,875
3,627
1,140
~,498
2,250
1,150
1,472
2,609
1,002
2,825

00
50
00
00
00
00
00
75
00
00
25
37
00
00

$920
2,591
2,096
3,021
1,616
3,295
1,138
2,498
1,982
1,150
1,472
2,609
1,002
2,825

50
50
25
50
25
37
75
75
25
00
25
37
00
00

1----- ------ -----$25,600

$29,782 87

$28,219 74

1882.J

LLOYD

31

PUBLIC DOCUMENT-No. 8.

BRIDGEWATER SAVINGS BANK - BRIDGEWATER.
I ncorporated March 19, 1872. Number of corporators, 20.
Treasu1·e1·, SAMUEL P.
PARSONS, P resident.

GATES,

STATEMENT,

ASSESS,

LI ABI LITIES,

Deposits
.
.
E arnings undivided •
Guaranty fund .
Suspense account

$191,335 41
2,197 99
3,185 00

:n oo

P ublic funds
Bank stock .
Railroad bonds .
.
.
Real estate by foreclosure .
Loans on real estate .
.
L oans on personal security,
Loans to counti es, cities, or
town s .
.
.
.
.
Deposit in hank on interest,
Cash on Land

$ 196,749 40

Cash on Deposit in Bank:First National Bank, Boston
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •
Whole amount of interest or profits received or earned •
•
Rate and amount of each semi-annual dividend for l 2 per cent • {
previous year •
. i 2 per cent •
Times for the dividends fixed by the by-laws: April 1 and Oct. 1.
Average annual per cent of dividends for the term ending at time
of and in,cluding last extra dividend: 4-l1u per cent.
The total amount of loans, with each specified rate of interest:
$1,500, 4½ per cent; $9,300, 5 per cent; $70,576.30, 6 per cent;
$2,200, 6½ per cent; $48,964, 7 per cent; $800, 7-½- per cent;
$5,702.41, 8 per cent.
Number of outstanding loans which are -of an amount not
exceeding $3,000 each
• 114
Aggregate amount of the same .
Amount of investments from which no income is received
Number of open accounts .
• 800
Number and amount of deposits received for previous year • 610
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
45
Number and amount of withdrawals
• 534
Number of accounts opened the previous year.
• 147
Number of accounts closed the previous year •
85
Amount of expenses of the corporation during previous year.
Amount of treasurer's bond
Date of examination by commissioner: July 8.

$ 11,000
34,057
1,000
9,500
101,509
36,733

00
49
00
00

00
71

1,500 00
700 48
748 72
$ 196,749 40

$700 48
$9,500
7,250
540
105

00
00
33
30

$11,144 83
3,393 10
3,552 19

97,742 71
700 00
59,818 75
29,086 35
51,637 44

668 45
10,000 00

32

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS .

Par Yalt1e.

E tima ted
Market Value.

Amount Invested.

United States 4s

$2,000

$2,320 00

$2,000 00

City bonds: City of Boston 5s, gold •
of Fall River 6s

$5,000
4,000

$5,900 00
5,040 00

$5,000 00
4,000 00

$11,000

$13,260 00

$11,000 00

BANK STOCK.

Blackstone N at'l Bank, Boston
Merchants' Nat'l Bank, Boston
Washington Nat'l Bank, Boston
Boylston Nat' l Bank, Boston •
Eagle N at'l Bank, Boston
Globe N at'l Bank, Boston
Fourth Nat'l Bank, Boston
Blue Hill N at'l Bank, Boston .
Security N at'l Bank, Boston .
Shawmut Nat'l Bank, Boston .
Freeman's Nat'l Bank, Boston
Brighton Nat'l Bank, Boston .
Faneuil Hall Nat'l Bank, Boston
Howard N at' l Bank, Boston .
Home Nat' l Bank, Brockton
Brockton Nat 'l Bank, Brockton
.
Bristol County Nat' lBank, Taunton,

$7,000
1,000
300
1,300
1,200
900
1,500
1,700
600
1,100
2,000
3,900
1,000
2,000
2,200
2,000
1,100
$30,800

$8,050
1,460
420
1,664
1,428
999
1,650
1,870
1,080
1,397
2,400
4,173
1,300
2,600
2,464
2,100
1,760

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$7,000
1,391
300
1,300
1,200
900
1,500
2,218
1,042
1,320
2,382
3,900
1,250
2,395
2,200
2,000
1,757

00
24
00
00
00
00
00
75
50
50
50
00
00
00
00
00
00

$36,815 00

$34,057 49

$1,267 50

$1,000 00

RAILROAD BONDS,

Boston and Maine

.

$1,000

P UBLIC DOC U1'1ENT - No. 8.

1882.J

H

33

B RIGHTO:::,;f F IVE CE~T SAVI~GS DANK - WARD 25, IlOSTON.
I ncorporatel1 Marl'l1 , 18Gl. Number of corporators !)8.
OR ACE "\V. J ORD AN, P 1'esicle nt.
1.'l'easw·el', WILLIAM A . F r sKE.
STAT IDIEXT.

LIAill LITIES,

ASSETS .

II
Deposits
.
.
E arni11 gs nnrlivided
Guaranty fuwl •

$ 1i2,12fl 37
14.5:.m Ofl
3,3UU 88

Pnhli c fnnrl s

$:l,000 00

R irnk Htoc k

31.21ili 25
58,!iOS
9:3 ,(iH~ 15
1,fl07 75
49113

.
.
.
•
Heal es tate h y for eclosure .

Loans on r«=>al estate .
.
Deposit in l>a11ks on interest,
Expense a cconnt.
.
.
Snspense account (accrued
in te rest) .
Cash on ha nd
$180,!)GS 34

Cash on Deposit in Bank: National Bank of Brighton
.A.mount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
.A.mount of municipal tax on real estate .
Whole amount of interest or profits receivrd or earned
Rate a~d amount of each semi-annual dividend for}~ per cent .• {
prev10us year .
.
.
.
.
.
.
2 per cent
Times for the dividends fixed by the by-laws : January and July .
.Average annual per cent of dividends fur the term ending at time
of and including last extra dividend : G½ pet· cent.
The total amount of loans, with each specified rate of interest:
$21 ,700, 6 per cent; $15,000, 6½ per cent; $4-:1,382.15, 7 per cent;
$3,600, 7-ila per cent; $9,000, 8 per ce11t.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
43
Aggregate amount of the same .
Amount of investments from which no income is received
Number of open accounts .
821
Number and amount of deposits received for previous year
382
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
15
Number and amount of withdrawals
4G3
Number of accounts opened the previous year.
117
Number of accounts closed the previous year .
• 145
Amount of expenses of the corporation duriug previous year
Amount of treasurer's bond
Date of examination by commissioner : March 28.
5

n

!)74 57

137 76
$189,968 34:

$1,907 75

$58,508
41 ,900
2,662
G50

73
00
24
54

$7,477 53
3,548 02
3,314 22

50,798 00
4,053 00
20,175 34
0,880 00
37,574 80

1,487 rn
10,000 00

34

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

Pa r Value.

.

City of Fall River water bonds

$3,000

Estimated
1\l arket Value.

Amount Invested.

$3,765 00

$3,000 00

$8,453
3,975
596
1,803
509
1,255
600
1,443
1,218
9,923

$9,537
5,205
670
1,732
400
1,132
500
1,236
1,208
9,645

BANK STOCK.

Brighton Nat'l Bank, Boston .
.
MarketNat'l B'k, Boston (Brighton)
Freeman's Nat ' l Bank, Boston
. .
Eliot Nat'l Bank, Boston
.
Shawmut N at'l Bank, Boston .
.
State Nat'l Bank, Boston
Central Nat'l Bank, Boston .
Metropolitan N at'l Bank, Boston
Suffolk N at'l Bank, Boston .
Webster N at'l Bank, Boston

.

.
.
.
.

.

$7,900
3,000
500
1,500
400
1,000
500
1,200
1,000
8,900
$25,900

00
00
25
75
00
00
00
00
75
50

$29,777 25

00
00
00
50
00
50
00
00
25
00

$31,266 25

1882.J

PUBLIC DOCUMENT- No. 8.

35

BRISTOL COUNT Y SAVINGS BANK - TAUNTON.
In corporated March 2, 1846. Number of corporators, 113.

- - , P1·esident.*

T1·eas'Urer, N. C.

PLACE.

STATEMENT.

LIABILITIES,

Deposits
.
.
Earnings 11ndivided
Guaranty fund •
Rents .

ASSETS.

$2,653/)17
25 ,158
55,000
2,000

76
99
00
00

Public fnnds
.
Loans on public funds
Bank stock .
.
.
Loans on bank stock .
Railroad Londs .
Railroad stock t .
.
Loans on railroad stock
Real estate .
.
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Loans on bank books .
.
Deposit in banks on interest,
Deposit in banks not on
interest
.
.
Expense account .
Sus pense aceount
Cash on baud

$224,000
1,000
138,400
5,500
55,000
40,000

25,000
269,002
1,504,802
423,623
4,440
35,936

soo

00
00
00
00
00
00
00
00
97
00
38
00
33

1,519
520
1,554
5,277

00
57
98
52

$2,736,076 75

$2,736,076 75

Loan on Public Funds: On $1,000 United States 4ts

$1,000 00

Loans on Bank Stock, amount on each: On 38 shares Taunton National Bank, Taunton
On 10 shares Machinists' National Bank, Taunton •
On 2 shares Bristol County National Bank, Taunton

$4,300 00
1,000 00
200 00

Loan on Railroad Stock: On 5 shares Boston and Albany Railroad •
Cash on Deposit in Banks, amount in each: Bristol County National Bank, Taunton •
Machinists' National Bank, Taunton
Maverick National Bank, Boston
Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate r

* Office vacant by death of president.
t This is preferred stock: in the Boston,
taken to secure indebtedness.

$500 00

$1,519 00
768 79
35,167 54
$25,000
45,000
269,002
231,808
16,956
3,918

00
00
97
00
81
76

_
Clinton, Fitch-burg, and New Bedford ·Railroad,

BANK co:Mi\1ISSIO ERS' REPORT.

36

[Jan.

. $140 072
Whole amount of interest or profits received or earned .
. { 4fl,9-!
Rate a~d amount of each semi-annual dividend for} 2 per cent
.
51,005
prev10us year .
.
.
.
.
•
.
2 per cent
Time for the dividend fixed by the by-laws: April and October.
The total amount of loans, with each specified rate of interest:
$10,000, 4½per cent· $ 9,045. 5, 5 per cent; $5,000 5½ per cent;
Sl 35 19.53, 6 per cent.
umber of outstanding loans which are of an amount not
1,291
exceeding $3,000 each
• 1,115,381
Aggregate amount of the same .
2:3,550
Amount of investments from which no income is received
Number of open accounts .
8,001
Number and amount of deposits received for previous year, 4,520 655,1!)0
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 3'.34 1!)0,616
Number and amount of withdrawals
4,:'>81 456, 7;,5
Number of accounts opened the pr evious year .
1, 139
Number of accounts closed the previous year .
95
8,399
Amount of expenses of the corporation during previous year .
20
000
Amount of treasurer's bond
Date of examination by commissioner: June 20.

23
90
17

46

7:3
93
00
91

73
00

PCJBLIC FUNDS.

Par Value.

Estimated
l\larket \' alue.

.\mount Invested.

United States continued 5s, funcled
.
loan of 1881 at 3½
.
United S tates 4s
.
.
4½s
"
"

$70,000
15 ,000
45,000

$71,400 00
17,400 00
49,850 00

$72,000 00
l u,000 UO
45,000 uo

State, city, nnd town bonds: State of New Hamp hire
City of Providence, R.I. .
of Dover, N .II.
of Fall Rh·er
.
of Springfield .
of P ortsmouth, N.H.
of Bo ton
.
of ambridge
of Taunton
Town of .Brockton

$10 ,000
30,000
10,000
7 000
G,000
5,000
4,000
1,000
1,000
20,000

$12,500
3:3, 100
12 ,000
9 ,2!)0
6,550
6,000
4,800
l,_(30
1,240
22,000

$10 ,000
30,000
10 000
7,000
6 000
5,000
4,000
1 ,000
1 000
20,000

.

.

.

.

.

.

--

00
00
00
00
00
00
00
00
00
00

$22-1,000 $249,390 00

-

00

00
00
00
00
00

$224,000 00

BA

Ma hi11i ' Ls'

00
00
00
00

IC

at'l I ank, Taunton
Bri. tol ' unt.v at'l I ank, Taunlon,
Taunton at' l Bank, Taunton
l•airhav n at'l Ba11k. Fairhnv 11
Third at l Bank, '1 rin g fi ld

ST

CK.

$16,-00
4 500
700
-,000
10,000

$29,970 00
7,GGO 00
1, 13-1 00
1, -10 00
17 OU 00

$16 200
4,500
700
2,000
10,000

00
00
00
00

uo

1882.J

37

PUBLIC DOCUMENT-No. 8.
BA

' K STOC K -

Concluded.
Par Value.

First Nat'l Bank, Boston
Boston Nat'l Bank, Boston
Hide and Leath er Nat'l Bank, Boston,
l\Jetropolitan N ut'l Dallk, Boston
Merchants' Nat'l Bank, Boston
Exchallge NaL'l Bank, Boston
.
North Nat'l Bank, Boston
Mount Vernon Nat'l Bank, Boston .
North America Nat'l Bank, Boston.
Rockland Nat ' l Bank, Hoxbmy
Columbian Nat'l Dank, Boston
Atlantic Nat 'l Bank, Boston
Second Nat' l Bank, Boston
Redemption Nat'l Bank, Boston
.
Commerce Nat'l Bank, Boston
.
Tremont Nat' l Bank, Boston .
Everett Nat'l Bank, Boston
State Nat'l Bank, Boston
Faneuil Hall Nat'l Bank, Boston .
Eagle Nat'l Bank, Boston
Howard Nat'l Bank, Boston
People's Nat'l Bank, Boston
.
Union Nat' l Bank, Boston
.
Shawmut N at'l Bank, Boston .

.

.

.

.
.
.

.
.
.

$10,000
4,000
1,500
4,000
10,000
3,200
10,000
2,000
2,000
4,300
5,000
2 ,500
2,000
10,000
5,200
5,000
5,200
10,000
1,000
1,000
2,700
1,2()0
2,800
4.00

Estlmatcd
MMket Value.

$20,700
5,120
1,740
4,800
14,600
4,608
14,200
2,540
2,300
6,020
7,100
3,825
3,020
13,500
6,656
6,100
6,084
12,500
1,300
1,190
3,510
1,944
4,284
508

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

uo

00
00
00
00
00
00

$138,400 $205,743 00

Amount Invested.

$10,000
4,000
1,500
4,000
10,000
3,200
10,000
2,000
2,000
4,300
5,000
2,500
2,000
10,0QO
5,200
5,000
5,200
10,000
1,000
1,000
2,700
1,200
2,800
4.00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$138,400 00

RAILROAD BONDS,

Boston, Revere Beach, and Lynn
Railroad first mortgage
.
Boston, Clinton, Fitchburg, and
New Bedford Railroad first mort..

$15,000
. 4.0,000
~ - , -- -

$55,000

$17,550 00

$15,000 00

42,450 00

40,000 1)0

$60,000 00

$55,000 00

------- ------

38

JOHN

BANK C0~1MISSIONERS' REPORT.

[Jan.

BROADWAY SAVINGS BANI{ - LAWRENCE.
Incorporated 1872. Number of corporators, 28.
T1·easurer, GILBERT E. Hoon.
FALLON President.
STATEMENT,

LI ABILITIES.

D eposits
.
.
Earnings undivided
Guaranty funu .
.
Balance of Smith
guaranty fund

ASSETS,

$549, G78 37
34,731 93
8,500 00
54,090. 06

$150,000
137,BOO
1,500
121 ,150
155,BOl
30,500
58,979
1,070

Public funds
Bank stock .
.
Loans on bank stock .
.
Real estate by foreclo ure .
Loans on real estate .
.
L oans on pe rsonal security,
Deposit in bank on in terest,
Cash on hand

$647,000 36

$647,000 36

Loan on Bank Stock: On 15 shares of Lawrence National Bank

$1 ,500 00

Cash on Deposit in Bank:In Lawrence National Bank
Amount of r eal estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

00
00
00
00
00
00
06
30

$5 979 06
• $121150
92,425
5, 32
1,426

Whole amount of interest or profits received or earned
Rate a?d amount of each semi-annual dividend for l. 2 per cent
.· {
previous year .
.
.
.
.
.
.
f 2 per cent
)
Times for the dividends fixed by the by-laws: third Wednesday in
April and October.
The total amount of loans, with each specified rate of interest:
$54,000, 6 p r cent; $4, 00, 6-½ per cent; $129,101, 7 per c nt.
Number of out tanding loans whi h are of an amount not
x eding $3,000 ach
139
A ggr gat amount of the ame .
Amount of inv tment from w hi h no in ome i
d
um b r of p .n a c unts •
1 40
umb rand am nnt of cl po it r
in>d for pr viou y ar. 1,0 4
umb r and amount f cl p it of and x
ding $300 at an
n<' Lim f r t,h 1,r v ion
ar
1 0
uml er and am unt f wit,hclrawal
915
umb ' r of ac· 1mL op .n cl t,h p
·
• 240
nmlwr of ;u•coun
r .
357
mount f rxpr11s
ino- pr iou year.
Am nnL f trrnsn r r' b nd
at f x11.mi n i n by mmi ion r: farrh 29.

00
00
53
96

"31142 07
10 274 60
10,432 43

109 901 00
160 00
104,193 39
74 754 70
123 5 4 95

2 532 13
20 000 00

1882.J

39

PUBLIC DOCUMENT-No. 8.
PUBLIC FUNDS.

Estimated
Market Value.

Amount Invested.

$150,000 $175,500 00

$150,000 00

Par Value.

United States 4s

BANK STOCK.

.

Bay State N at'l Bank, Lawrence
City N at'l Bank, Boston .
Commerce Na t' l Bank, Boston
Eagle Nat'l Bank, Boston
.
.
Eliot N at'l Bank, Boston
Everett N at'l Bank, Boston
.
Globe N at'l Bank, Boston
Hamilton Nat' l Bank, Boston.
Hide and Leather N at'l Bank, Boston,
Howard Nat'l Bank, Boston
.
Lawrence Nat'l Bank, Lawrence
Manufacturers' Nat'l Bank, Boston,
Market N at'l Bank, Boston
North America Nat'l Bank, Boston.
State Nat'l Bank, Boston
.
Shawmut Nat'l Bank, Boston .
Shoe and Leather Nat'l Bank, Boston,
Suffolk Nat'l Bank, Boston
Tremont Nat'l Bank, Boston .
.
Webster N at'l Bank, Boston

.
.

.
.
.

.

.
.

.

.
.

$4,850
4,400
10,000
5,000
5,000
5,000
3,300
5,000
1,500
5,000
7,800
5,000
5,000
5,000
5,000
7,600
10,000
10,000
16,900
5,000

$7,360
5,280
12,800
6,000
6,000
5,800
3,630
5,050
1,700
6,500
8,500
5,500
5,500
5,700
6,300
· 9,500
11,200
12,100
20,800
5,550

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$126,350 $151,370 00

$6,400
4,400
10,000
5,000
5,000
5,000
3,300
5,000
1,500
5,000
7,800
5,000
5,000
5,000
5,000
7,600
10,000
10,000
16,900
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$127,900 00

BANK co:MMISSIONERS' REPORT.

40

S.AXFORD

[Jan.

BROCKTO~ SA V IXGS BANK - DRO CKTO~.
I ncorporated l\Iarch 3, 1881. :Kuwbcr of corporators, 5:P.
Tl'easure1·, C. R. FILLEBROW~.
WL,TER, Pl'esident.
STATE:lrEXT.

ASSETS,

LIABILITIES,

Deposi ts
.
.
Earnings µudivided

$50,!101 01
101 14

$~,o~o oo

Puhlic fnncls
Railroad boncls .
.
Loalls on real estate *.
.
Lon 11 s on per: onal security,
Expe11se HCCOUUt.
Casli 011 hall(l

~.100 00

s ,-mo oo

4,2,5 00
1-!H 0-!

4,0H 11
$51,002 15

$ 51,002 15

Cash on Deposit in Bank: Brockton National Bank, Brockton •

$2,732 57

Whole amount of interest or profits received or earned •
Times for the dividends fixed by the by-laws: April 15 and Oct. _15.
The total amount of loan s, with each specified rate of interest :
$2,0-!0, 4 per cent; $2,100, 5 per cent; :;:;H ,475, 6 per cent; $5,350,
G½ per cent ; $2,850, 7 per cent.
Number of outstanding loans ·which are of an amount not
exceeding $3,000 each
34
Aggregate amount of the same .
Number of open accounts .
303
544
Number and amount of deposits r eceived for previous year
Number and amount of deposits of and exceeding $300 at any
one time for the previoU3 year
52
102
Number and amount of withdrawals •
Number of accounts opened the previous year .
• 408
Number of a ccount.:, clo3ej the previou:s year .
45
Amount of expenses of the corporation during previous year •
Amount of treasurer's bond
Dat of examination by commissioner: July 7.

$101 14

39,815 00
58,328 01

27, G5 00
7,-127 0

14~ 04
10,000 00

Pcnuc FuxDs.
rnr Yalne

T own of

rock.ton .

$2,000

IlAILH

wport, nn l Hich f

l'Ll

lt nilr nd

AD

B

F.. timnl<>d
ll l arkcL \ nine.

.\mount l1westecl.

$2,040 00

$2,040 00

$2,100 00

$2,100 00

XDS.

$:? ,000

• Tb l11 ba nk ho b •co o o t! Hcd tba t t.h c uw o uot. of Jonn a on real stat.a :i.:c cded t.hc legul limit.

1882.]

H ENR Y

P UBLIC DOCU MENT -No. 8.
DR OOK F IELD SAVINGS DANK - DROOK FIELD.
I ncorporated April 12, 1872. N umber of corporators, 35.
Tl'easure1·, HIRAM P.
D . FA L ES, President.

41

GERALD.

STATEMENT.

ASSETS,

L I ABILITIE S,

Deposits
.
.
E a rnings un<li Yided
Gua ra nty fullu

$31,881 78
l ,U;i5 03
470 !:l3

$32,907 74

Cash on D eposit in Bank: First Na tional Bank, Wor cester

L oans on r eal estate .
.
L oa ns on person al security,
De posit in bank 0 11 in terest,
Expense accoun t.
Furniture account

$22,050 00
10,400 00
15:3 4H

155 25
]50 00

$32,!:107 74

$152 49

Wh ole am ount of interest or profits received or earned
$1 ,787 62
Rate a_n4 amount of ('! ach semi-annual dividend for t 2 per cent . j
672 52.
previous year .
.
.
•
•
.
.
. j 2 per cent
l
601 73
Times for the dividends fix ed by tbe by-law.s : J an. 1 and July 1.
A verage annual per cent of div id ends for the term ending at time
of and including last extra divid end: 5!- per cent.
The t otal amount of loan s, with each specified rate of interest:
$0,000, 4 per cent; $1,500, 5 per cent ; $21,950, 6 per cent.
Number of out~tanding loans which are of an amount not
exceeding $3,000 each
39
A ggregate amount of tbc same .
32,450 00
Numb er of open acconnts .
• 223
Number antl a mount of deposits received for previous year
1-U
5,027 11
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
38
18,087 66
Number and amount of withdrawals
• 123
9,737 46
Number of accounts opened the previous year.
25
Number of accounts closed the previous year .
25
Amount of expenses of the corporation during previous year
160 25
Amount of treasurer's bond
10,000 00
Date of examination by the commissioner: Jul y 5.
6

BA K COi\IMISSIONERS' REPORT.

42

WILLIAM

[Jan.

BROOKLI E SAVINGS BANK - BROOKLI E.
Incorporated Feb. 24, 1871. Number of corpotators, 59.
H. LD- COLN, President.
Treasurer, WILLIAM E.

LINCOLN,

STATEl\IENT.

LIABILITIES .

D eposit.s

.

.

Earning uncli vitled
Gu ara n ty fund
S. E . Gan.Iner

ASSETS.

$ 135, !197
3,080
1,293
10

38
55
25
00

Public fnnds
Bank stock .
.
.
.
Rea l estate by foreclos ure .
.
L oans on real e,-tate .
Loans on personal security,
Deposit in bank on iutere~t,
Expense account.
Acurued in tere. t .
.
.
Premium on public funds ,
Cash on hand

$ 140,381 18

Cash on Deposit in Bank: Central Natiou al Bank

$ 14,2-n
28,301
7,857
71,487
10,000
3,(i83
375
2,377
1,402
655

25
63
11
50
00
42
51
44
08
24

$140,3 1 18

$3,683 42

Amount of real estate held by foreclosure
A ssessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

7,857
5,100
400
55

Whole amount of interest or profits received or earn eu
Rate a?d amount of each semi-annual dividend for } 2 per cent.
. {
previous year .
.
•
•
.
•
•
2 per cent
Times for the dividends fixed by the by-laws: second Monday in
J anua ry an d July.
The t ota l amou nt of loans, with each specified r ate of interest:
$31,287. 50, 6 per ent ; $19,500, 6½ per cent; $17,900, 7 per cent;
$2, 00, 8 per ent.
umber of outstanding loan which are of an amount not
e ·ceed incr , '3,000 each
35
Aggre ate amount of the am
Amount of inve Lment from which no income i re eived
umber of open a· on nts .
1,036
Tumber and amount of depo Hs recei d f r pr vi u y ar, 1 902
r umb 'l' and am nnt of depo iL of and exceedincr $300 at any
on tirnc for Lh pr viou y ar
23
umbrr and a.111ount f wiLhdrawal
576
rumh r of a c·onnL op n cl Lh pr vion y a.r
t1111b r of acc·ount,s •lo ed t,h pr vinn y a.r •
125
mo1111L of :X JH' ll Se
f th roq < ration during pr> i u
ar
monnt of Lr !l.Sllr r'. bond
I> Le of .,a,minaLion by mmi s ion r:
c. 5.

6,798 76
1,951 63
2,156 12

11
00
00
08

3 9 7 50

1,416 78
53,407 94
11,420 60
2 ,303 34

1,0GO 00
5 000 00

1882.] .

43

PUBLIC DOCUMENT-No. 8.
PUBLIC FUNDS,

Par Value.

.
.

Brookline water scrip 7s, 1898
Brookline water scrip 4½s, 1893

$4,000
10,000
$14,000

Estimated
Market Value.

A.mount Invested.

$5,093 33
10,550 00

$3,691 25
10,550 00

$15,643 33

$14,241 25

------ ------

BANK STOCK.

City Nat'l Bank, Boston .
Central Nat'l Bank, Boston
Merchandise N at'l Bank, Boston
Revere N at'l Bank, Boston
Tremont Nat'l Bank, Boston •

$8,500
7,500
5,000
3,700
1,800
$26,500

$10,540
9,000
5,500
4,514
2,196

00
00
00
00
00

$31,750 00

$9,192
8,088
5,000
4,057
1,964

50
00
00
00

rn

$28,301 63

44

BEXJAMIN

BAK

Ot\fi\IISSIO ERS' REPORT.

[Jan.

CAMBRIDGEPORT. SAVINGS BANK - CAMBRIDGE.
Incorporated March 16, 1853. Number of corporator , 11.
Tl'easure1·, EDWARD
TILTON, President.

HYDE.

STATEMENT.

LI.1.BILITIES.

ASSET.S .

I

D po. it
.
.
Earniug. nndiYic.led
Guara11ty fuucl .

$ 2,207,619 HJ
40 2(ifl 40

I

30,000 00

Puhl ic fu nd s
Bank stock .
.
.
L oan un rai lroad bonds* .
Real estate uy foreclosure .
Loans on real estate .
.
Loans on personal security,
Deposit in banks on iuterest,
Expense acl'ount .
Cash ou h a ud

"2,277 ,888 5~

Loan on Railroad bonds: Uuion Pacific Railroad
Cash on Deposit in Ifank , amo unt in each: Excllange National Bank, Boston
Fir t National Bank, Camb ridge
Cambriclgeport National Bank, Cambridge
Amount of real e tate held by foreclosure
A e sed value of the ame
Amoun t of income received from the ame
Amount of municipal tax 011 real estate .

$351,100 00
l 8, 100 00
10,000 00
8-1-, 745 75
1,0 '5, ;H i:J
3H ,\15 ' (i:3
3'.l7,7!U 87
3,!-t!) 8!)
l ,~llH 32
$2,277 ,8 '8 59

$10,000 00

$270,000 00
37,081 87
20,711 00
$ J,745 75

120, 00 00
7 575 7-!
1,855 4.9

Whol e amount of interest or profit received
$1Hi,209
Rate a_nd arn ouut of each semi-annual tlividend for } 2 per cen t • J 3 ,0:?O
pre v10u year .
.
.
.
.
.
.
. 2 per cent . 1 40 95
Tim e for th e dividend fixed by the by-Jaws: third Wedue day in
Janu a ry and July.
The t ota l amount f loans with each pecified rate of intere t:
·:25,000, 3 per cent; . ·7,- 0 , 3¾ per cent; ·50,000, 3½ per cent;
~- .1-1,GGl.91 , 4 p er cent; $:25,00 , 4¾ per cent; $20,00 , 4½ per cent;
·20 000, 5 per c n t; ·136 60:-. 63, 5½ per cent; .''533,321. 00, 6 per
cent; ·3 0 50:-, Ot per cent; $54 717.13, 7 p r ce nt ; $20 3-0, 7·?-rr
p er nt; ·IG,575, 7½ p r cent.
Number of ou t ta ndin g loan which ar of an am unt not
XC din er . a,ooo ach
207
A cr~rC'rrat amount. of t.he ame •
391,915
11mbC' r of op n a co un t
6 509
tun hC' r a nd a moun t of cl
it r c ived f r pr vi u y ar, 6,302 431,215
u111b r r a n cl am un t. of d
it f and xc ding , 30 at any
on Lim for th pr vi o u.
ar
320 1 5,9-16
umb rand am unt f wiLlu.lrawal
4.139 326,000
• Tbl loan ls made wl~h a principal and two sur ties.

12
90
33

00

12
00
62

45

PU BLIC DOC UMENT-No. 8.

1882.]

1,0.iG
Nn mber of account opened the previou s year.
5G3
Number of accou nts closed the previou year .
Am ount of ex pen es of th e corporation duri ng previou year
Amount of treas urer's bond
Da te of examination by commissioner: Ap ril 2G.

$G,OOO 00
20,000 00

P unLIC F uNos.

.
United States 4s, coupons
"
" 4s, reg istered
" 41s registered
"
2 '

.

.

Par Value.

E~timn tecl
l\Inrl{et Va ine .

Amouot Inveated.

$75 ,000
275 ,000
1,100

$86 ,812 50
305,fJ25 00
1,243 00

$75,000 00
275 ,000 00
1,100 00

$351,100 '393,580 50

$351,100 00

B AN K STO C K.

.
Eliot Nat' l Bank, Boston
.
W ebster Nat'l Bank , Boston
Commerce Nat 'l Bank, Boston
Blackstone Nat'l Bank, Boston
.
,vashingion Nat'l Bauk, Boston
H amilton N at'l Bank, Boston.
Trem ont Nat ' ! Bank, Boston
.
Suffolk N at' l Bank, Boston
Globe Nat'l Ba.nk, Boston
.
Uuion Nat' l Bank, Boston
Cambridge City N ' l B 'k, Cambridge,
Cambridgeport N'l B'k , C' bridgep 't,
First Nat 'l Bank , Cambridge .

.

.

.
. .
.
.

$4,000
7,500
5,600
5,000
5,000

ro,ooo

10,000
15,000
5,000
20 ,600
1,400
4,000
5,000

$4,810
8,362
7 ,238
5,750
7,000
12,325
12,200
18,150
5,GOO
31 ,672
2,310
6,600
8,250

00
50
00
00
00
00
00
00
00
50
00
00
00

$98,100 $130,268 00

$4,000
7,500
5,600
5,000
5,000
10,000
10,000
15,000
5,000
20,600
1,400
4,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00

$98,100 00

46

CHARLES

[Jan.

BANK COMMISSIONERS' REPORT.
CAMBRIDGE SAVINGS BANK - CAMBRIDGE.
Incorporated April 2, 1834. Number of corporators, 74.
W. SEVER, P resident .
Treasurer, JAMES M.

THURSTON.

STATEMENT,

ASSETS.

LI..1...BILITIES.

I

. .

Depo its
Earnings undivided
Guaranty fund .

$ 1,818,418 99
37,740 88
25,300 00

-----

. .

Public funds
.
Bauk stock
Loans on bank stock .
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Deposit in banks on interest,
Expense account .
Cash on hand
.

.

$ 1,881,459 87

.

$271191
287,fl34
18,400
155,273
706,251
296,fl17
143,508
1,409
1,573

25
73
00
46
00
00
97
65
81

----$1,881,459 87

Loans on Bank Stock, amount·on each: On 4 shares Merchants' National Bank, Boston
On 200 shares American Loan and Trust Company, Boston*.
Cash on D eposit in Banks, amount in P.ach: Charles River National Bank, Cambridge.
Maverick National Bank, Boston
Manufacturers' National Bank, Boston
National Bank of Redemption, Boston

$400 00
18,000 00

$15,648
111,764
9,558
5,536

88
29
92
88

$155,273
164,000
7,900
2,4 1

46
00
00
16

. Who! amount of intere t or profit r eceived or earned •
$90,070
Rate and amount of each semi-annual dividen<l for } 2 per cent
. { 32,692
previous year .
.
.
•
.
.
.
2 per cent .
33, 13
Tim for th dividend fixed by th by-law : fourth Thursday in
,Ja1mary a nd .July.
The total amount of loan , with ea h specified rate of intere t:
$155,000, 3¾ per cent; $133,000, 4 per cent; $20,000, 4½ per cent;
$l3,000, 5 pe r c nt; $200, 5½ per cent; $213, 26 6 per cent;
·t~6 4 17, Ot per cent ; $i4 ,750, 7 per ent; $ 112 375, 7t per c nt;
.. ,000, p r cent.
umb er f nt~tandina loans wlli ·h are of an amount not
clin r, •:~ 000 a h
323
L
nnt, f t,h
ame .
446,321
· of op 11 a ·c·ounL
5,177
1 rand a.nwnnt, of
po it, r c iv d fo r previon
a r, 4,6!)7 32 ,115
umb r, ncl a1 11 ounL f
po it, of and ex
din"' $300 at any
on e Lim for Lll pr vi u y ar
• 259 147,303

13
53
33

Amount of real estate held by foreclosure
Assessed value of the same
m o unt of ii1 come received from the ame
Amount of mtmicipal tax on real estate .

'l'h · nlL ntl n of thl i; bunk wu s call d to th

Ill •gu ilty of tbld loun.

00
10

77

1882] .

47

PUBLIC DOCUMENT -No. 8.

3,438 $288, 109 45
Number and amou n t of with drawals
16
umber of a coun ts open ed the previon year
537
"umber of accoun t clo eel the previou year .
5,000 00
Amount of expen es of th e corporation durin g previous year.
20,000 00
Amount of trea nrer's bond
Date of examination by comm isioner: April 28.
PUBLIC F UND S.

Estimated
:M arket Value.

Amount Invested.

$100,000 $102,000 00

$103,718 75

Par Value.

United States 3½s

.

.

.

State, city, and town bonds:State of Massachusetts 5s
.
City of Newburyport 6s .
of Fitchburg 6s
.
of Fall River 6s
. .
of Lowell 6s
of Providence, R.I., 5s
.
of Cambridge 6s
of Boston 4s
of Boston 6s .
.
.
of Boston 5s .
.
Town of Westborough 5s

.

.
.
.

.
.
.

.
.

.
.

.

.
.

$4,000
18,000
25,000
20,000
20 ,000
22 ,000
22,000
1,000
15,000
2,000
14,000

$4,300
20 ,000
28,000
22 ,000
23,000
24, 500
25 ,500
1,100
19,000
2,200
15,000

00
00
00
00
00
00
00
00
00
00
00

$263,000 $286,600 00

$4,000
18,090
25,125
19,000
19,400
24,035
21,932
1,000
17,775
2,240
14,875

00
00
00
00
00
00
50
00
00
00
00

$271,191 25

BANK STOCK,

Atlas Nat'l Bank, Boston
Boston Nat'l Bank, Boston
Contineutal N at'l Bank, Boston
Eliot N at'l Bank, Boston
Faneuil Hall Nat'l Bank, Boston
Freeman's Nat'l Bank , Boston
Globe Nat'l Bank, Boston
Hamilton Nat'l Bank, Boston .
Howard Nat ' l Bank, Boston .
Market Nat'l Bank, Boston
Merchants' Nat'l Bank, Boston
Shawmut N at'l Bank, Boston .
8tate Nat'l Bank, Boston ·
Suffolk N at'l Bank. Boston
Third Nat'l Bank, Boston
Traders' Nat'l Bank, Boston
Tremont Nat'l Bank, Boston
Commerce N at'l Bank, Boston
Exchange Nat'l Bank, Boston.
Eagle Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Revere Nat'l Bank, Boston
Union Nat'l Bank, Boston

$15,9.00
26,500
1,800
10,700
4,200
900
6,900
9,:300
11,400
5,800
10,400
1,000
5,000
14,500
20,000
10,000
11,700
12,500
1,100
1,100
2,800
14 ,600
500

$19,716
29,680
2,038
12,010
5,502
1,062
7,659
11,000
14,934
6,264
19,430
1,260
6,250
17,545
21 ,300
10,200
14,274
16,000
1,585
1,300
3,220
17,812
765

00
00
50
75
00
25
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$19,054
29,134
2,203
12,489
5,484
997
8,919
11,590
12,831
6,280
18,207
1,206
5,481
17,836
20,598
11 ,515
14.003
15,309
1,575
1.241
3,144
17,499
719

25
37
25
12
75
25
26
00
49
63
25
25
25
50
12
88
25
99
75
88
00
99
00

48

BANK COMMISSIONERS' REPORT.
BANK

[Jan.

STocrr - Concluded.
rar Value.

Charles River Nat'l B'k, Cambridge,
Newton Nat'l Bank, Newton
Rockland Nat'! Bank, Roxbury
Naumkeag Nat'l Bank, Salem
First Nat'! Bank, New Bedford
Commerce at'! Bank, Xew Bedford,
First Kat'! Bank, Leomin ter .
S . .Framingham .N'l B'k, S. Fram'm,

.
.
.

$2,500
4,600
3,000
5,000
6,000
5,009
10,000
5,000

E~tim:ited
Market Value.

$4,375
4,968
4,200
D,750
7,500
G,2;30
11,000
5,000

00
00
00
00
00
00
00
00

$242,700 $293,850 50

.\mount Invested.

$2,526
5,8S0
4,625
7,800
7,420
G, IGO
11,200
5,000

00
00
25
00
00
00
00
00

$2S7,03! 73

PUBLIC DOCUMENT - No. 8.

1882.J

49

CANTON I NSTITUTION FOR SAVINGS - CANTON.
CHARLES

Incorporated 1835. Number of corporators, 31.
Treasurer, F RANCI S W.
H. F.aE N CH , P 1·esident.

DEANE.

STATEMENT.

L IABILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund .

A SSETS .

$411,896 48
9,966 97
9,511 90

P ublic funds
Bank stock .
.
Loans on b ank stock
Railroad bonds .
.
.
Real estate by fo reclosure .
L oans on real estate .
•
Loans on personal security,
Loan s to counties, cities, or
towns .
.
.
.
.
Deposit in bank on interest,
E xpense account.

$431,375 311

Loans on Bank Stock, amount on each: On 40 shares First National Bank, E aston
On 14 shares Neponset National Bank, Canton

$37,000
55,300
5,400
22,500
18,995
191,786
18,875

00
00
00
00
00
00
00

51,109 00
30,188 16
222 19
$431,375 35

$4,000 00
1,400 00

Cash on Deposit in Bank: Neponset National Bank, Canton

$30,188 16

.A.mount of real estate held by foreclosure
Assessed value of the same
.A.mount of income received from the same
.A.mount of municipal tax on real estate .

$18,995
18,000
1,383
285

00
00
57
08

Whole amount of interest or profits received or earned •
• $22,875
Rate and amount of each semi-annual dividend for} 2 per cent
. 5 7,373
previous year .
•
.
.
•
•
.
2 per cent
• I 7,716
Times for the dividends fixed by the by-laws: first Tuesday in
April and October•
.A.verage annual per cent of dividends for the term ending at time
of and including last extra dividend: 5 per cent.
The total amount of loans, with each specified rate of interest :
$30,109, 4 per cent; $16,000, 4t per cent; $15,000, 5 per cent;
$191,086, 6 per cent; $14,975, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 199
Aggregate amount of the same .
204,070
Number of open accounts .
1,477
Number and amount of deposits received for previous year, 1,001
81,169
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
59
29,901
Number and amount of withdrawals
• 552
58,638
Number of accounts opened the previous year.
241

88
44
78

7

00
00
00
84

50

BANK COMMISSIONERS' REPORT.

[Jan.

Number of accounts closed the previous year .
148
.A.mount of expenses of the corporation during previous year.
.A.mount of treasurer' s bond
Date of examination by commissioner: .A.ug. 8.

$1,189 35
10,000 00

PuBLIC

Fmrns.
Par Value.

Estimated
Market Value.

Amount Invested.

United States 4s, consols, registered,

$20,000

$23,200 00

$20,000 00

City and town bonds: City of Providence, R.I., 5s
of Lynn 6s
of Lynn 5s
•
Town of W ake:field 6s

$10,000
2,000
1,000
4,000

$11,200
2,160
1,000
4,080

$10,000
2,000
1,000
4,000

$37,000

$41,640 00

$37,000 00

$11.300
1,700
3,300
2,500
2,500
4,000
2,500
2,500
5,000
10,000
5,000
2,500
2,500

$15,455
2,314
3,679
2,812
3,125
4,800
3,000
2,875
5,487
10,500
5,750
3,000
2,787

$11,300
1,700
3,300
2,500
2,500
4,000
2,500
2,500
5,000
10,000
5,000
2,500
2,500

$55,300

$65,586 00

$55,300 00

$12,000
5,000
5,500

$15,240 00
6,350 00
6,036 25

$12,000 00
5,000 00
5,500 00

$22,500

$27,626 25

$22,500 00

.

.
.
.

.
.
.
.

.
.

.

00
00
00
00

00
00
00
00

BANK STOCK.

.
N eponset N at'l Bank, Canton •
N ort-h Nat'l Bank, Boston
.
Globe Nat'l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
A tlas Nat'l Bank, Boston
Freeman's Nat'l Bank, Boston
.
Central Nat'l Bank, Boston .
Blackstone N at'l Bank, Boston
Market Nat'l Bank, Boston
Pacific N at'l Bank, Boston
North America Nat'l Bank, Boston.
Eagle Nat' l Bank, Boston
Webster Nat'l Bank, Boston

.

.
.

.

.

. .

.

00
00
50
50
00
00
00
00
50
00
00
00
50

00
00
00
00
00
00
00
00
00
00
00
00
00

RAILROAD BONDS.

Boston and Albany Railroad 7s
Boston a11d Maine Railroad 7s.
.
Eastern Railroad 4½s

.

.

51

1882.J

PUBLIC DOCUMENT- No. 8.

ADDIS ON

CAPE ANN SAVINGS BANK - GLOUCESTER.
Incorporated 1846. Number of corporators, 50.
GILBERT, President.
Treasu1·e1·, G E ORGE J.

MARSH.

STATEMENT .

L I ABI LITIES.

Deposits
.
.
E arnings undivided
Gnaranty fund .
Snrplus
.
.
Sundry accounts .

ASSETS.

$1,161,642
11,813
34,000
13,695
1,0!::1 6

04
20
00
82
34

Public funds
.
Loans on public funds
Bank stock .
.
.
Loans on bank stock .
Railroad bonds .
Real estate .
.
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Loans to counties, cities, or
.
.
.
.
towns.
Deposit in banks on interest,
E xpense account.
Sundry accounts .
Cash on hand

$ 1,222,247 40

Loans on Public Funds, amount on each:On $4,000 United States 4s, coupon bonds
Loans on Bank Stock, amount on each : On 53 shares City National Bank, Gloucester .
On 9 shares Salem National Bank, Salem
On 10 shares Hide and L eather National Bank, Boston .
On 5 shares National Bank of the Commonwealth, Boston .
On 2 shares Mechanics' National Bank, Boston
On 9 shares Rockport National Bank, Rockport •
On 100 shares City National Bank, Gloucester .

$77,000
4,000
201,400
18,000
31,875
6,000
8,053
473,443
283,700

00
00
00
00
00
00
68
00
00

105,500 00
10,3::lO 52

6 86

323 97
2,624 37
$1,222,247 40

$4,000 00

$8,000 00

10,000 00

Cash on Deposit in Banks, amount in each:Cape .Ann National Bank, Gloucester
National Bank of Redemption, Boston
Maverick National Bank, Boston

$1,239 90
2,320 52
8,000 00

.Amount invested in real estate (for banking purposes)
Estimated value of the same
.Amount of real estate held by foreclosure
.Assessed value of the same
.Amount of income received from the same
.Amount of municipal tax on real estate •

$6,000
7,000
8,053
10,000
1,087
317

00
00
68
00
57
78

Whole amount of interest or profits received or earned •
• $67,194 55
Rate a~d amount of each semi-annual dividend for l 2 per cent • { 19,674 47
prev10us year .
•
•
.
.
.
.
• 52 per cent .
21,124 89
Times for the dividends fixed by the by-laws: .April 1 and Oct. 1.

52

BANK COMMISSIONERS' REPORT.

[Jan.

Average annual per cent of dindends for the term ending at time
of and including la t extra dividend: 5-fn- per cent.
The total amount of loans, with each specified rate of intere t:
$63,000, 4 per cent; $20,000, 4¾ per cent; $24,000, 4½ per cent;
25,000, 4¾ per cent; 226,000, 5 per cent; : 40,000, 5¾ per cent;
$2,000 5½ per cent; $118,050, 6 per cent; $339,968, 7 per cent;
$26,625, 7fn- per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
423
Aggregate amount of the same .
. $339,243 00
Number of open accounts .
4,330
Number and amount of deposits received for previous year, 3,862 277 295 32
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 159 132,616 00
Number and amount of withdrawals
3,048 178,704 46
Number of accounts opened the previous year .
. 985
Number of accounts closed the previous year .
568
Amount of expenses of the corporation during previous year
3,358 28
Amount of treasu rer's bond
20,000 00
Date of examination by commissioner : July 26.
PUBLIC FUNDS .

P a r Va.lne.

.

United States 4s, registered
City and town bonds: City of Charlestown, 1891
.
of Cambridge, 1894 .
of Fall River, 1891 .
of Lowell, 1890
of Lawrence, 1894
of Northampton, 1892
of Sa.lem, 1891 and 1882
of Somerville, 1884 .
Town of Brookline, 1889 .

.

.

.
.

BANK

Atlas N at 'l Bank, Boston
Atlantic at l Bank, Boston .
Black tone Jat 1 Bank, Bo ton
ape Ann at 1 Ba nk, loucester
iLy a,L'l Bank, ' l u ster
' ity at 'l Bani , H st n .
n tral at'l Bank, B ton
'omm er e a t'l Bank, B . ton
Itagl rat'l Bank, B to n
E ver tt at' l 13nn1 , Bo ton

$5,000

Estimated
1\Iarket Value.

Amount Invested.

$5,850 00

$5,000 00

$12,000
10,000
8,000
15,000
5,000
5,000
2,000
10,000
5,000

$13,800
11,500
9,200
17,250
5,750
5,750
2,300
11,500
6 100

$77,000

$89,000 00

$77,000 00

00
00
00
00
00
00
00
00
00
00

$10 000 00
10 000 00
11 _oo 00
,500 00
10,000 00
5,000 00
5,000 00
10,000 00
10,000 00
3,000 00

00
00
00
00
00
00
00
00
00

$12,000
10,000
8,000
15,000
5,000
5,000
2,000
10,000
5,000

00
00
00
00
00
00
00
00
00

TOCK.

$10,000
10,000
11,200
8,500
10,000
5,000
5 000
10,000
10,000
3,000

$13,000
15,500
14, 60
L,7 0
12,000
6 350
6,100
13,000
L,100
3,540

1882.]

PUBLIC DOCUMENT-No. 8.
BANK STOCK -

I
.
.

Freeman's Nat'l Bank, Boston.
Exchange N at'l Bank, Boston .
Gloucester Nat'l Bank, Gloucester .
Georgetown Nat'l B'k, Georgetown.
.
Globe N at'l Bank, Boston
Howard Nat'l Bank, Boston
Hamilton Nat'l Bank, Boston .
Merchants' Nat'l Bank, Boston
North Nat'l Bank, Boston
North America N at'l Bauk, Boston.
New England Nat'l Bank, Boston
.
Old Boston Nat'l Bank, Boston
Redemption N at'l Bank, Boston
Republic N at' l Bank, Boston .
.
Rockport N at'l Bank, Rockport
Second N at'l Bank, Boston
.
Shawmut N at'l Bank, Boston .
.
State Nat'l Bank, Boston
Tremont N at'l Bank, Boston .

.

.

.
.

.

.

.
.

53

Concluded.
Par Value.

$5,000
5,000
5,000
5,000
200
5,000
5,000
10,000
10,000
10,000
4,000
2,500
16,600
5,000
5,400
5,000
10,000
5,000
5,000

Estimated
Market Value.

$6,350
7,400
6,500
5,000
228
6,550
6,200
15,000
14,400
12,000
6,120
3,250
22,576
6,600
7,290
7,700
12,600
6,400
6,300

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$201,400 $267,364 00

Amount Invested.

$5,000
5,000
5,000
5,000
200
5,000
5,000
10,000
10,000
10,000
4,000
2,500
16,600
5,000
5,400
5,000
10,000
5,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$201,400 00

RAILROAD BONDS,

Eastern Railroad, 1906

.

$42,500

$46,750 00

$31,875 00

54

BANK COl\1MISSIONERS ' REPORT.

[Jan.

CAPE COD FIVE CENTS SAVIN GS BA K - H ARWICH.
In corporated 1855. N umber of corporators, 78.
SAriroEL H. GOULD , President.
T reasU?·er, MARSHALL s. UNDERW OOD.
STAT EMENT,

LIABILITIES.

Deposits
.
.
E arnings nncli , id eel
Guaranty fund .

A SSETS.

$231,032 96
5,388 51
840 56

Bank stock .
Real estate .
Real estate (to secure indebtedness)
.
.
.
Real estate by foreclosure .
.
Loans on real estate .
L oans on personal security ,
L oa ns t o coun t ies, cities, o r
town s .
.
.
.
.
Deposit in bank on interest,
Cash on hand

$ 47,151 00
1,635 33
21,413
4,992
63,565
70,574

00
00
69
12

10 887 50
16,157 33
886 06

$237,262 03

'237,262 03

Cash on Deposit in Bank : Cape Cod N ation al Bank, Harw ich

$16,157 33

Amount invested in real estate (for banking pmposes )
Estimated value of the sam e
Amoun t of real estate held by foreclos111·e
Assessed value of t h e same
Amoun t of income received from th e same
A mount of m unicipal tax on r eal estate .

$1,63!5
1,635
4,992
3,500
190
275

33
33
00
00
00
00

Whole amount of interest or profi ts received or earned
Rate a~d amount of each semi-annual dividend fo r} 2 per cent
. {
prev10us year .
.
.
.
.
·
.
2 per cen t
Times for the divid ends fixed by the by-laws : second W edne day
in A pril and October.
Th e tot al am ount of loans , with each pecifi ed rate of intere t:
$5,500, 5 per ent; $20,975, 6 per cent; $11 ,556.81, 6-½ per cen t ;
$106,99 -. 50, 7 pe r cent.
Number of ou t, tanclin g loans wbi h are of au amount not
exceedi11 0- $3,000 a h
313
A go- r gat amoun t of tb e sam e .
N um ber of ope n a coun t .
1,710
mnl> rand am u u t, of depo. it, r c ived for prcviou y ar
455
um ber a n d amount f d pm,iL of and exceedin o- $300 at any
n e Lim fo r t,h pr v iou .
ar
57
mnh r and n.mou n t, of wiLhd rawal
• 625
N um b r of ac ou 11L open d Lh p r io n . y a r.
169
rum lwr of ac·cou 11ts ·I . d th pr vions y ar .
263
A m o n n L of expem, s or th c:;orpo raL ion t1 urinrr previ u
ar
Amon n t of Lr<'a.· urer' bo ncl
D a te of xamina.Liuu by ·ommi ion r: J uu 21.

20,347 56
4 096 48
4,217 0

115 55 " 31
62,999 90
27,097 29
4-,076 60

1 000 00
10,000 00

1882.]

PUBLIC DOCUMENT-No. 8.

55

BANK STOCK.

Par Value.

Cape Cod Nat'l Bank, Harwich
First N at'l Bank, Yarmouth port
Nat'l Bank of the Republic, Boston,
Shawmut Nat'l Bank, Boston .
Hide and Leather Nat'l B 'k, Boston,
Blackstone N at'l Bank, Boston
N at'l Bank of Commerce, Boston
Revere Nat'l Bank, Boston
N at'l Bank of N. America, Boston .
State N at'l Bank, Boston
.
Everett N at'l Bank, Boston

.
.

.
.
.

.

$7,100
6,300
1,500
3,200
2,000
2,700
1,700
3,000
1,600
4,400
4,000
$37,500

Estimated
Mar~et Value.

$9,940
8,190
1,965
4,080
· 2,365
3,105
2,189
3,660
1,840
5,522
4,685

00
00
00
00
00
00
00
00
00
00
00

$47,541 00

Amount Invested.

$9,798
8,064
1,950
3,952
2,380
3,138
2,129
3,675
1,836
5,544
4,685

00
00
00
00
00
00
00
00
00
00
00

$47,151 00

56

OLI>ER

BANK CO~fMISSIONERS' REPORT.

[Jan.

CENTRAL SAVINGS BANK - LOWELL.
Incorporated March 3, 1871. Number of corporators, 91.
T1·easure1·, SAMUEL A.
H. MOULTON,
·esident.

CHASE,

STATEMENT.

LIABILITIES,

ASSETS.

II
Deposits
.
.
Earnings undivided
Guaranty fund
Interest

$ 1,031,655
21,558
14,185
202

53
24
90
00

Public funds

.

.

on public funds
I Loans
Bank stock .
.
.

.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Deposit in banks on interest,
Expense account.
Cash on hand

---1
$ 1,067,601 67

Loans on Public Funds, amount on each : On $5,000 United States 4s and 4-½s .
On $1,000 City of Chelsea 6s and $1,000 City of Lawrence 6s

$23,000
7,000
200,333
175 250
463,098
87,950
110,284
15
670

00
00
75
00
00
00
28
50
14

$1,067,601 67

$5,000 00
2,000 00

Cash on Deposit in Banks, amount in each: Old Lowell National Bank, Lowell
Merchants' National Bank, Lowell

$102,738 72
7,545 56

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$175 250
1 6,800
15,731
3,343

00
00
90
81

Whole amount of interest or profits received or earned
$59,460
Rate a~d amount of each semi-annual dividend for } 2 per cent
. { 16,602
previous year .
.
.
.
.
.
.
2 per cent
.
18,108
Times for the dividends fixed by the by-law : fir t Saturday in
May and November.
The total amount of loans, with ea.ch specified rate of intere t:
$27,000, 4½ per cent; $37, 00, 5 per cent; $21,r0, 5½ per cent;
$3 5,14c, 6 per cent; $14,250, 6½ per ent; $71,400, 7 per ent;
$1,200, per cent.
umber of out iandin"' loan which are of an amount uot
ex ·eeding $3,000 ea h
100
Aggr gate amount of the ame .
149,92
umber of open a counts .
2,9 6
umber and am unt f depo it r
iv d for pr viou y ar, 2,557 2 1,069
umb r aml am unt of cl po it of and x e diug $, 00 at any
on tim for th ptevi u y<'ar
. 274 160,271
uml rand amount f withdrawal
l 954 191,290
uml> r of ace unt op n cl tu pr viou year .
7' 2
Number f accounts closed the previou year •
. 4 6

89
05
62

00
36
00
56

57

PUBLIC DOCUMENT-No. 8.

1882.J

Amount of expen es of the corporation durin g previous year.
Amount of trea urer's bond
Date of examination by commis ioner: July 19.

$3,936 91
20,000 00

PUBLIC FUNDS .

Par Value.

Estimated
Market Value .

Amount Invested

.;,.

.J

City and town bonds: .
City of H averhill 6s
Town of Methuen .

.

,;.

.
.

.

}

$4,000
19,000

$4,300 ·,·oo
20,500 00

$23,000

$24,800 00

$4,000 00
19,000 00

~

----

$23 ,000 00

'
BANK STOCK.

A tlantic N at'l Bank, Boston

.

Blackstone Nat'l Bank, Boston
.
Boston Nat'l Bank, Boston

.
.

.
.

Central Nat'l Bank, Boston
City Nat' l Bank, Boston .
Commerce Nat'l Bank, Boston
.
E liot N at'l Bank, Boston
H ide and Leather N at'l Bank, Boston,
1\1arket N at'l Bank, Boston
M averick Nat'l Bank, Boston .
M erchants' N at'l Bank, Boston
Metropolitan Nat'l Bank, Boston
Redemption N at'l Bank, Boston
Republic Nat'l Bank, Boston .
.
.
Second Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston .
Suffolk N at'l Bank, Boston
Shoe and Leather N at'l B'k, Boston,
Webster Nat'l Bank, Boston
.
Appleton Nat'l Bank, Lowell .
First N at'l Bank, Lowell
Merchants' N at'l Bank, Lowell
Old Lowell Nat'l Bank, Lowell
Prescott N at'l Bank, Lowell
Railroad Nat'l Bank, Lowell
Georgetown Nat'lBank, Georgetown,

.
.

.

.
.

.

.
.

.

.
.

.

$10,000
8,700
5,000
20,000
10,000
9,800
9,500
1,500
5,000
1,000
5,000
2,000
6,000
2,700
7,000
6,300
5,000
4,200
2,400
10,000
2,000
15,000
4,700
1,000
1,000
10,000

$15,100
10,392
6,500
24,000
12,400
12,446
11,335
1,755
5,550
2,500
7,350
2,440
7,980
3,560
10,570
7,869
6,150
4,788
2,762
17,000
3,000
19,500
5,875
1,400
1,200
10,500

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$164,800 $213,922 00
8

$14,000
11,100
6,000
20,000
12,000
9,800
11,000
1,600
5,500
1,217
6,756
2,000
8,000
3,415
10,00U
8,086
6,112
5,000
2,400
16,962
2,740
18,350
6,092
1,000
1,201
10,000

00
00
00
00
00
00
00
00
00
oO
25
00
00
50
00
00
50
00
00
50
00
00
00
00
50
00

$200,333 7 5

58

BANK COMMISSIONERS' REPORT.

[Jan.

· CHARLESTOWN FIVE CENTS SAVINGS B ANK - BOSTON.
Incorporated 1854. Number of corporator , 124.

P. J.

STONE,

Treasw·er, AMos

President.

STONE,

STATEMENT.

LIABILITIES.

ASSETS.

II
Deposits
.
.
Earnings undivided
Guaranty fund .

$2,134,995 20
135,080 31
50,000 00

Public funds
.
Loans on public funds
Bank stock .
.
•
Loans on bank stock .
Real estate .
.
•
.
Real estate by foreclosure .
Loans on r eal estate .
.
Loans on personal security,
Deposit in banks on interest,
Cash on hand

$2,320,075 51

L oan on Public Funds:
On $2,500 United States 4s
Loans on Bank Stock: On 5 shares Monument National Bank, Boston
Cash on Deposit in Banks, amount in each:Monument National Bank, Boston .
Maverick National Bank, Boston
.Amount invested in real estate (for banking purposes)
.Assessed value of the same
.Amount of real estate held by foreclosure
.Assessed value of the same
.Amount of income r eceived from the same
.Amount of municipal tax on real estate •

$200,000
2,500
602,000
500
80,000
377,500
9-18,826
18,850
85,211
4,688

00
00
00
00
00
00
00
00
28
23

$2,320,075 51

$2,500 00
$500 00
$66,384 49
18,826 79
$80,000
90,300
377,500
• 382,850
24,587
8,513

00
00

00
00
76
29

Whole amount of interest or profits received or earned
$160,289 94
Rate a~d amount of each semi-annual dividend for l 2½ per cent . { 52,938 24
prev10us year .
.
.
.
.
•
.
. 5 2½ per cent .
53,162 52
Times for the dividends fixed by the by-laws: third Wedne day in
April and October.
·
.Average annual per cent of dividends for the term ending at time
of and including la t extra dividend : 7t per cent.
The total amount of loans, with each specified rate of interest:
$6,900, 5 per cent; 3,100, 5¼ per cent; $543,694, 6 per cent; $94, SO,
6½ per cenL; $307,582, 7 per cent; $200, 7-frr per cent; $9,400, 7t
per cent; $5,000, per cent.
umber f out tanding loan which are of an amount not
excecdina ·3,000 ach.
361
Aggregate amount of the same .
605,620 00
AmounL of inve Lment from whi h n income is r c ived
6,000 00
7,099
umb r f pen ace unt .
umber and amount f d p iL. rec iv d for previou year, 3,321 234,953 19
umber and amount of d posits of and exceeding $300 at any
ne time f r Lhe pr viou y ar
. 224 134,366 38
umber and amount of withdrawals
3,882 407,684 60

1882.J

PUBLIC DOCUMENT-No. 8.

59

N umber.of accounts opened the previous year.
. 675
N umber of accounts closed the previous year .
1,145
Amount of expenses of the corporation during previous year
Amount of treasuret's bond
Date of examination by commissioner: April 12.

$5,583 60
30,000 00

P UBLIC FUNDS.

Estimated
Market Value.

Amount Invested.

$200,000 $225,000 00

$200,000 0 0

Par Value.

United States 4½s

.

.

.

BANK STOCK.

Boylston Nat'l Bank, Boston .
Coiitinental Nat'l Bank, Boston
North Nat 'l Bank, Boston
Hide and Leather Nat ' l B'k, Boston,
~evere Nat'l Bank, Boston
Shoe and Leather N at'l B'k, Boston,
Eliot N at'l Bank, Boston
.
Redemption Nat'l Bank, Boston
Maverick Nat'l Bank, Boston .
Webster N at'l Bank, Boston
Howard Nat'l Bank, Boston
.
Republic Nat 'l Bank, Boston .
Market Nat'l Bank, Boston
Third Nat'l Bank, Boston
Suffolk Nat'l Bank, Boston
.
State N at'l Bank, Boston
City N at'l Bank, Boston .
Washington N at'l Bank, B9ston.
Tremont Nat 'l Bank, Boston
.
First Nat'l Bank, Boston.
.
Atlas N at'l Bank, Boston
.
Commerce Nat'l Bank, Boston
Blackstone N at'l Bank, Boston
Metropolitan Nat'l Bank, Boston
Freeman 's Na,t'l Bank, Boston
Columbian N at'l Bank, Boston
Pacific N at'l· Bank, Boston
.
First Ward Nat'l Bank, E. Boston .
Blue Hill Nat'l Bank_, Dorchester
Bunker Hill N at'l B'k, Charlestown,
Monument N at'l Bank, Charlestown,
Market N at'l Bank, Brighton •
Brighton Nat'l Bank, Brighton
First N at'l Bank, Lynn .
Newton Nat'l Bank, Newton
Andover N at'l Bank, Andover
W achusett N at'l Bank, Fitchburg
Railroad Nat'l Bank, Lowell .
Home Nat 'l Bank, Brockton .
.
Conway Nat'l Bank, Conway .

.

.

.

.

.

.
.

. .

.

. .

.
.
.

.
.

.
.
.
.

.

.

.
.
.

$9,300
44,000
14,000
37,000
20,700
16,100
30,000
20,000
13,200
17,100
30,400
24,200
8,600
10,000
18,500
16,100
9,000
11,900
12,000
2,000
35,800
26,300
9,400,
4,800
10,000
5,000
20,000
15,000
5,300
25,000
7,000
2,700
5,300
21,700
2,400
2,400
7,500
15,000
15,000
4,000

$11 ,9 04 00
51.920 00
19,880 00
42,920 00
25,254 00
18,032 00
36,000 00
27,000 00
33,000 00
18,981 00
39,520 00
31,460 00
9,460 00
10,600 00
22,385 00
20,125 00
11,430 00
16,660 00
14,640 00
4,140 00
44,750 00
33,664 00
10,810 00
5,856 · 00
12,000 00
7,100 00
20,900 00
. 17,400 00
5,8l30 00
43,750 00
14,350 00
3,564 00
5,671 00
27,125 00
2,736 00
2,880 00
15,000 00
18,000 00
16,200 00
5,320 00

$603,700 $778,217 00

$9,300
44,000
14,000
37,000
20,700
16,000
30,000
20,000
12,900
17,100
30,400
24,200
8,600
10,000
18,500
16,100
9,000
11,900
12,000
2,000
35,800
26,300
9,400
4,800
9,300
5,000
20,000
14,800
5,300
25,000
7,000
2,700
5,100
21,700
2,200
2,400
7,500
15,000
15,000
4,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$602,000 00

•

60

JOHN

BANK COlVI:MISSIONERS' REPORT.

[Jan.

CHELSEA SAVINGS BANK - CHELSEA.
Incorporated April 25, 1854. Number of corporators, 350.
H. OsGoon, P resident.
Treasurer, JOHN F.

FELLOWS.

STATEMENT.

LIABILITIES.

D eposits
.
.
Earnings undivided
Guaranty fund .

.
.

ASSETS.

$ 1,333,210 37
15,975 57
15,515 00

. . .
. . ..
.
. .

Public funds
Bank stock
Railroad bonds
Real estate
Real estate by foreclosure.
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
Deposit in bank on interest,
Expense account .
Cash on band

.

$ 1,364,700 94

$ 349,555
110,689
11,225
13,241
27,395
581,204
8,375

75
55
00
54
88
66
00

187,060
66,071
2,101
7,780

00
60
00
96

.. ..
----$ 1,364,700 94

Cash on Deposit in Bank:~
Hamilton National Bank, Boston

$66,071 60

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
A ssessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$13,241
13,500
27,395
37,600
1,419
697

Whole amount of interest or profits received or earned
Rate a?d amount of each semi-annual dividend for} 2 per cent
.{
prev10us year .
.
.
.
.
.
.
2 per cent
.
Times for the dividen ds fixed by the by-laws: second Wednesday
in A pril a nd October.
Average annu al per cent of dividends for the term ending at time
of and including last ex tra dividend: 6¼ per cent.
The t otal amount of loans, with each specified rate of interest:
$147,060, 4½ per cent ; $10,000, 5 per cent; $15,000, 5½ per cent;
$604,579. 66, 6 per cent.
Number of out ta nding loan which are of an amount not
e:xceedino- $3,000 each
345
A ggregate amount of the ame .
N umber of open accoun ts .
6,249
um ber and amoun t of depo its re eived for pre iou year,
,992
Number and amount of depo it of and exceeding $300 at any
one ti me for the previou s y ar
. 372
Number and am u nt f withdrawal
4,724
Numb r
op n d Lhe previou ear.
1,256
um b r f a · unL clo i th P" vi us y ar .
729
m Lmt f x p n e f Lb c rpora Lion during previou y ar .
Am unt of trea urer' bond
Date of examination by commissioner : April 21.

$58,310 56
22,567 05
23,934 52

54
00
88
00
00
30

439,779 66
402,6 7 95
154, 5 00
290,344 59

4,839 02
25,000 00

1882.]

61

PUBLIC DOCUMENT-No. 8.
P U BLIC FUN DS.

Estimated
Market Value .

Amount Inves ted.

$30,000

$33,862 50

$31,068 75

$47,600
9,200
2,000
12,000
44 ,000
10,000
2,000
21,000
10,000
6,000
19,000
4,000
5,000
36,000
2,000
4,000
16,000
2,500
15,000
1,000
5,000
11,000
1,000
1,000
5,000
2,000

$54,859
11,592
2,020
14,160
55,430
11,500
2,320
21,340
10,400
6,960
21,850
4,560
7,250
44,530
2,340
4,320
16,800
2,700
15,900
1,160
5,700
11,660
1,130
1,030
5,600
2,200

$47,600
10,635
1,935
13,880
51,136
11,190
2,280
22,660
10,000
7,050
20,790
4,542
5,550
40,527
2,340
4,000
16,480
2,500
15,525
1,172
5,412
11,165
1,170
1,000
5,625
2,320

Pa r Value.

.

United States bonds
State, city, and town bonds: State of Maine
of New Hampshire
of Rhode Island
City of Chelsea
of Boston
of Charlestown
of Fitch burg'
of Worcester .
of Somerville .
.
of Lynn
of Cambridge
.
of Lowell
of Fall River
of Lawrence
of Taunton
of Manchester, N.H.
of Lewiston, Me.
bf Burlington, Vt.
of Providence, R.I. .
of Hartford, Conn. •
.
Town of Woburn
of Winthrop .
of Everett
of Provincetown
of Brookline .
of Danvers

.

.

.
.
.

.

.
.
.

.

.

.

.
.

.

.

.
.
.
.

.

.

.

.

.

.

.

.

.
.
.
.
.

.

.
.

.

.
.

. .
.
.

.
.
.

I

I

.

.

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$323,300 $373,173 50

00
75
00
00
25
00
00
00
00
00
00
50
00
50
00
00
00
00
00
50
50
00
00
00
00
00

$349,555 75

BANK STOCK.

N orth N at'l Bank, Boston

H oward Nat'l Bank, Boston

.
.

.

M assachusetts Nat'l Bank, Boston
.
Continental N at'l Bank, Boston
.
Commerce N at'l Bank, Boston
.
T raders' Nat'l Bank, Boston
E xchange N at'l Bank, Boston .
N orth America Nat'l Bank, Boston,
B oylston N at' l Bank, Boston
Atlas N at'l Bank, Boston
'It
State N at'l Bank, Boston
Suffolk N at'l Bank, Boston
City N at'l Bank, Boston .
.
Eagle N at'l Bank, Boston
Shawmut N at'l Bank, Boston .
Boston Nat'l Bank, Boston
Market N at'l Bank, Boston

.

.
.
.
.

$1,500
3,600
6,750
4,000
700
7,000
1,400
500
2,500
8,400
2,500
700
4,300
1,800
500
2·,000
600

. .
.
.

.

.
.
.

$2,160
4,608
8,370
4,720
903
7,140
2,026
580
3,200
10,416
3,125
847
5,332
2,124
620
2,560
660

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$1,664
3,811
9,122
4,845
700
7,556
1,763
518
2,776
9,819
2,934
845
4,956
2,002
602
2,329
646

55
50
40
70
00
13
05
75
50
35
00
85
15
95
50
37
50

BANK COMMISSIONERS' REP ORT.

62

BANK

STOCK -

Concluded.
Par Value.

Commonwealth Nat'l Bank, Boston,
Webster N at' l Bank, Boston
Republic N at'l Bank, Boston .
.
Mechanics' Nat' l Bank, Boston
Atlantic Nat'l Bank, Boston
Everett Nat' l Bank, Boston
.
Third N at'l Bank, Boston
.
Redemption Nat'l Bank, Boston
First N at'l Bank, Chelsea
First Nat'l Bank, South Weymouth,
Exchange Nat'l Bank, Salem .

.

.
.
.

.
.
.

[Jan.

$2,500
2,500
10,000
900
3,800
3,800
5,000
6,300
6,600
2,000
500

Estimated
Market Value.

$3,125
2,750
12,800
1,143
5,814
4,375
5,300
8,316
8,250
2,500
590

00
00
00
00
00
00
00
00
00
00
00

$92,650 $114,354 00

A.mount Invested.

$3,000
2,750
13,137
1,170
5,804
4,422
5,381
8,410
6,671
2,420
626

00
00
50
00
50
25
25
50
30
50
50

$110,689 55

RAILROAD BOND S.

Salem and Lowell Railroad

.

$10,000

$11,300 00

$11,225 00

1882.]

63

PUBLIC DOCUMENT-No. 8.

CHICOPEE

FALLS

SAVINGS

BANK - CHICOPEE FALLS.

Incorporated March 20, 1875. Number of corporators, 41.
.JOSIAH

w.

OSGOOD,

T1·easurer,

P1·esident.

EDGAR

T.

PAIGE •

STATEMENT.

LIABILITIES,

ASSETS.

II
Deposits
•
Guaranty fund •
Profit and loss
Interest

$81,227
513
517
31

$3,050
16,535
42,017
17,882
2,804

Public funds
Bank stock .
.
Loans on real estate .
.
Loans on personal security,
Cash on hand

78
46
10

60

00
00
00
97
97

$82,289 94

$82,289 94

Cash on Deposit in Bank: City National Bank, Springfield

$2,694 97

Whole amount of interest or profits received or earned •
Rat~ a~d amount of each semi-annual dividend for } per cent . {
prev10us year .
•
•
•
.
.
.
. 24 per cent •
Times for the dividends fixed by the by-laws: January and July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4½ per cent.
The total amount of loans, with each specified rate of interest:
$5,465, 5 per cent; $4,200, 5-½ per cent; $5,000, 5¾ per cent;
$43,730.19, 6 per cent; $425, 6-½ per cent; $1,079.78, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 eaGh
56
Aggregate amount of the same .
Number of open accounts .
339
Number and amount of deposits received for previous year
586
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
24
Number and amount of withdrawals
• 256
Number of accounts opened the previous year.
83
Number of accounts closed the previous year .
81
Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: Oct. 19.

2t

..

$4,025 91
1,396 39
1,591 39

49,434 97
35,949 51
16..,023 59
24,698 70

79 40
5,000 00

PUBLIC FUNDS.

United States 4s

,

.

.

.

.

Par Value.:

Estimated
Market Value.

Amount Invested.

$3,050

$3,538 00

$3,050 00

64

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.

Par Value.

City N at'l Bank, Springfield .
Palmer N at'l Bank, Palmer
Hadley Falls N at'l Bank, Holyoke
Chapin N at'l Bank, Springfield

.

.
.
.
.

$5,000
1,000
4,000
3,000
$13,000

Estimated
Market Value.

$6,250
1,200
7,000
3,900

00
00
00
00

$18,350 00

Amount Invested.

$5,000
1,120
6,785
3,630

00
00
00
00

$16,535 00

1882.]

65

PUBLIC DOCUMENT-No. 8.

CHICOPEE SAVINGS BANK - CHICOPEE.
Incorporated 1845. Number of corporators, 54.
JOHN B. WooD, P1·esident.
Treasurer, H. H. H~RIS.
STATEMENT.

LIABILITIES,

ASSETS.

I
Deposits
Earniugs undivided
Guaranty fund
Bills payable
•
Special deposit

. .

$487,959
5,295
5,373
10,uOO
42

70
97
29
00
87

. .

..

$1,000
25,000
13,400
17,000
316,566
65,280

Public funds
Bauk stock
Loa ns on bank stock .
Railroad bonds
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
Deposit in banks on interest,
Cash on band

.

$508,671 83

Loans on Bank Stock, amount on each: On 20 shares Third National Bank, Springfield
On 67 shares First National Bank, Springfield .
On 47 shares Chicopee National Bank, Springfield •

. ...

41,900 00
24,677 40
3,847 61

. ----$508,671 83

$2,000 00
· } 11,400 00

Cash on Deposit in Banks, amount in each: National Bank of the Commonwealth
Hampshire County National Bank
Whole amount of interest or profits received or earned •
•
Rate a~d amount of each semi-annual dividend for l 2 per cent
.{
.
prev10us year •
.
•
.
.
•
.
S 2 per cent
Times for the dividends fixed by the by-laws: Jan. 1 and July 1.
The total amount of loans, with each specified rate of interest:
$8,000, 4 per cent; $5,000, 4½ per cent; $127,950, 5 per cent;
$5,500, 5¼ per cent; $304,696.82, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 257
Aggregate amount of the same •
•
Number of open accounts •
1,397
Number and amount of deposits received for previous year, 1,516
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 102
Number and amount of withdrawals
1,198
Number of accounts opened the previous year.
• 276
Number of accounts closed the previous year .
• 204
Amount of expenses of the corporation during previous year.
Amount of treasurer's bond
Date of examination by commissioner: Oct. 19.
9

00
00
00
00
25
57

$10,677 40
14,000 00
$27,262 52
8,790 87
8,853 36

201,111 82
172,745 39
82,666 89
148,133 73

2,139 06
10,000 00

66

BANK COlVIMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

Par Value.

United States 4s

.

.

.

.

$1,000

Estimated
Ma rket Value.

Amount Invested.

$1,100 00

$1,000 00

BANK STOCK.

.
.

First Nat'l Bank, Chicopee
Chapin N at'l Bank, Springfield
City Nat' l Bank, Springfield
P almer N at'l Bank, Palmer .
Maverick Nat'l Bank, Boston •

.
.
.
.
.

$10,000
6,600
3,000
3,000
2,400

00
00
00
00
00

$10,000
6,600
3,000
3,000
1,200

$15,000
7,260
3,300
3,150
2,400

$23,800

$31, 110 00

$25,000 00

$12,000
5,000

$13,200 00
5,500 00

$12,000 09
5,000 00

$17,000

$1~,700 00

$17,000 00

00
00
00
00
00

RAILROAD BONDS.

Boston and Albany Railroad .
Boston, Revere Beach, and Lynn R.R.

1882.]

67

PUBLIC DOCUMENT-No. 8.

CITIZENS' SAVINGS BANK - FALL RIVER.
Incorporated 1851. Number of corporators, 56.
Treasnrer, E. E.
JosEPH OSBORN, P1·esident.

HATHAWAY.

STATEMENT.

LIABILITIES,

Deposits
.
.
Earnings undivided
Guaranty fund

ASSETS,

$1,960,783 24
68,127 07
24,013 04

Bank stock .
.
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,*
Expense account.
Cash on hand

$2,052,923 35

Cash on Deposit in Bank: Pocasset National Bank

$285,781 50
10,711 42
970,302 00
773,804 87
1,369 12
10,944 44
$2,052,923 35

$8,775 29
$10,711
6,700
387
127

42
00
31
30

Whole amount of interest or profits received or earned •
$103,286
Rate and amount of each semi-annual dividend for } 2½ per cent . { 42,384
previous year .
•
•
.
•
.
•
. 2-½ per cent •
44,843
Times for the dividends fixed by the by-laws: June and December.
The total amount of loans, with each specified rate of interest:
$213,000, 4 per cent; $64,500, 4½ per cent; $1,466,606.87, 5 per
cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 219
Aggregate amount of the same .
• 314,642
Amount of investments from which no income is received
14,000
Number of open accounts •
3,448
Number and amount of deposits received for previous year, 8,606 467,838
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 379 249,592
Number and amount of withdrawals
2,155 267,371
Number of accounts opened the previous year
• 910
Number of accounts closed the previous year •
491
Amount of expenses of the corporation during previous year
5,979
Amount of treasurer's bond
15,000
Date of examination by commissioner: July 18.

83
29
39

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from tbe same
Amount of municipal tax on real estate .

* This bank has been notified that these loans have exceeded the legal limit.

00
00
55

51
85

05
00

68

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.

Par Value.

.

.
.

First N at'l Bank, Boston.
Second N at'l Bank, Fall River
Hide and Leather Nat'l B 'k, Boston,
.
Commerce Nat'l Bank, Boston
Fall River N at'l Bank, Fall River .
Pocasset Nat'l Bank, Fall River
Maverick N at'l Bank, Boston .
.
Howard N at'l Bank, Boston .
Eliot N at'l Bank, Boston.
Metacomet Nat'l Bank, Fail River .
Revere N at'l Bank, Boston
Union Nat'l Bank, Fall River.
Merchants' Nat'l Bank, Boston
Redemption N at'l Bank, Boston
Railroad N at'l Bank, Lowell
Massasoit Nat'l Bank, Fall River
Washington N at'l Bank, Boston

.
.

.
.
.

..
.
.

.
.

$25,000
18,000
22,500
7,500
14,400
80,000
5,400
14,000
7,900
28,700
28,100
15,500
5,000
6,700
2,500
5,200
1,400

Estima ted
Market Value.

$51,937
20,700
26,212
9,636
19,440
108,000
13,500
18,217
9,499
35,875
34,282
17,660
7,312
9,053
3,062
9,100
1,960

50
00
50
25
00
00
00
50
75
00
00
00
50
37
50
00
00

$287,800 $395,448 87

A.mount Invested.

$25,000
18,000
22,500
7,500
13,012
80,000
4,779
14,000
7,900
28,700
28,100
15,500
5,000
6,700
2,500
5,200
1,400

00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00

$285,791 50

1882.]

JOHN

69

PUBLIC DOCUMENT-No. 8.

CITY FIVE CENTS SAVINGS BANK - HAVERRILL.
Incorporated 1870. Number of corporators, 49.
Treasure1·, GEORGE W.
B. NICHOLS, P resident.

NOYES,

S TA T EMENT,

ASSE TS ,

LI ABILITIES.

Deposits
.
•
E arnin gs undivided
Guaranty fund .

..

$510,074 49
121,776 80
4,775 00

.

. . ..
. . .

P ublic funds
L oan s on public funds
B ank st ock
Loans on bank stock .
R ailroad bonds .
.
R eal estate by foreclosure •
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
t owns .
Deposit in bank on interest,
Premium account
Profit and loss account

..
.
.

$636,626 29

00
00
33
00
00
20
00
00

13,000
4,925
3,664
35,365

00
60
35
81

----$636,626 29

Loans on Public Funds: On $4,500 United States bonds •

$2,725 00

Loans on Bank .Stock, amount on each:On 5 shares Monument N ational Bank, Charlestown
On 3 shares First National Bank, Haverhill

$650 00
300 00

Cash on Deposit in Bank:First National Bank, Haverhill •
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$30,000
2,725
45,598
950
77,000
178,831
231,013
13,553

$4,925 60
• $178,831 20
114,600 90
6,980 75
1,695 41

Whole amount of interest or profits received •
•
Rate and amount of each semi-annual dividend for } 1½ per cent . {
previous year •
•
•
•
.
.
•
2 per cent .
Times for the dividends fixed by the by-laws: first Wednesday in
June and December.
The total amount of loans, with each specified rate of interest:
$2,000, 4 per cent; $18,815, 5 per cent; $185,463, 6 per cent ;
$44,063, 7 per cent; $4,400, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 131
Aggregate amount of the same •
•
Amount of investments from which no income is received
Number of open accounts •
2,960

$37,290 52
9,895 00
10,521 60

140,928 00
10,117 44

70

BANK COMMISSIONERS' REPORT .

[Jan .

Number and amount of deposits received for previous year . 67 5 $62,740 99
Number and amount of deposits of and exceeding $300 at any
19,093 70
one time for the previous year
38
Number and amount of withdrawals
2,223 304,808 48
Number of accounts opened the previous year.
. 242
Number of accounts closed the previous year .
1,479
2,271 17
A.mount of expenses of the corporation during previous year.
15,000 00
A.mount of treasurer's bond
Date of examination by commissioner: April 30.

.

.

PUBLIC FUNDS .

Par Value.

City and town bonds: City of Lawrence
of Haverhill
Town of Marlborough
of Provincetown •

Estimated
A.mount Invested.
Market Value.

00
00
00
00

$10,000
11 ,000
5,000
4,000

00
00
00
00

$10,000
11 ,000
5,000
4,000

$11 ,400
11,700
5,400
4,040

$30,000

$32,540 00

$30,000 00

$25,220
750
3,660
3,720
3,650
8,778
1,161

$24,143
690
3,783
3,660
3,173
9 247
900

BANK STOCK.

First N at'l Bank, H averhill
Merrimack Nat'l Bank, Haverhill
Tremont N at'l Bank, Boston .
Massachusetts N at'l Bank, Boston
Merchants' Nat'l Bank, Boston
Continental N at'l Bank, Boston
Commerce N at 'l Bank, Boston

$19,400
500
3,000
3,000
2,500
7,400
900

00
00
00
00
00
00
00

08
00
75
00
75
75
00

- - -- --$36,700

$46,909 00

$-!5,598 33

$54,000
13,000
10,0QO

$68,715 00
16,250 00
11,750 00

$54,000 00
13,000 00
10,000 00

$77,000

$96,715 00

$77,000 00

RAILROAD BONDS.

Boston and Maine Railroad 7s
Old Colony Railroad 7s
Old Colony Railroad 6s .

1882.]

N.

ALLEN,

71

PUBLIC DOCUMENT-No. 8.
CITY INSTITUTION FOR SAVINGS - LOWELL.
Incorporated 1837. Number of corporators, 68.
President.
T1·easui·er, F. A.

BUTTRICK.

STATEMENT.

LIABILITIES,

D eposits
.
.
E arni ngs undivided
Guaranty fund .

ASSETS,

$3,343,009 20
132,573 71
55,000 00

P ublic funds ·
Bank stock .
.
Loans on bank stock •
Railroad bonds .
Loans on real estate .
.
Loans on personal security,
L oans t o co unties, cities, or
towns.
.
.
.
.
Deposit in bank on interest,
E xpense account.
Cash on hand

$3,530,582 91

Loans on Bank Stock, amount on each: On 200 shares Appleton Nation al Bank, Lowell
On 46 shares First National Bank, Lowell
On 10 shares Merchants' National Bank, Lowell •
On 25 shares Wamesit National Bank, Lowell
On 9 shares Hide and Leather National Bank, Boston
Cash on Deposit in Bank:Appleton National Bank, Lowell

$ 161,600
673,480
25,847
223,500
1,520,516
603,472

00
00
00
00
63
22

294,000
24,755
1,893
1,518

00
71
20
15

$3,530,582 ~1

$19,647 00
3,200 00
1,000 00
:}

2,000 00

$24,755 71

Whole amount of interest or profits received •
$216,733
Rate and amount of each semi-annual dividend for} 2 per cent • { 57,598
previous years .
.
.
•
.
•
. . . 2 per cent .
61,264
Times for the dividends fixed by the by-laws: January and. July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend : January, 1881, 5 per cent.
The total amount of loans, with each specified rate of interest:
$32,250, 4 per cent; $25,000, 4½ per cent; $1,207,036.52, 5 per cent:
$38,000, 5¼ per cent; $222,000, 5½ per cent; $877,949.33, 6 per
cent; $8,600, 6¼ per cent; $40,000, 6-i1a12o per cent; $60,000, 6½ per
cent; $904,680, 7per cent; $40,000, 7½ per cent; $46,000, 9 percent.
Number of out<: tanding loans which are of an amount not
exceeding $3,000 each
. 146
Aggregate amount of the same .
• 208,504
Number of open ar.counts .
8,894
Number and amount of deposits received for previous year, 7,800 788,201
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 360 210,781
Number and amount of withdrawals
4,158 483,577
Number of accounts opened the previous year .
1,847
Number of accounts closed the previous year .
1,048
A_m ount of expenses of the corporation during previous year
6,990
Amount of treasurer's bond
60,000
Date of examination by commissioner: June 14.

02
11
40

33

75
16
90

13
00

72

BANK COMMISSIONERS' REPORT.
PUBLIC

[Jan.

Fu~-rns.
Par Value.

E stimated
.Amount Invested.
:M a rket Value.

.

City and town bonds : City ·of H artfo rd, Conn ..
of H averhill .
of H averhill
. .
of Lowell
. .
of Lynn
.
of Lynn
Town of Pittsfield •
of Plymouth .
of Plymouth .

.

..

.
.

.
.
.
.

. ..
. .
. .
. .
. .
.
. .
. .

.

.

$10 ;000
6,000
40,000
3,000
5,000
10,000
50,000
20,000
20,000
$164,000

$11,800
6,600
54,000
3,600
5,000
11 ,500
53,250
21 ,300
24,000

00
00
00
00
00
00
00
00
00

$191,050 00

$10,000
5,100
40 ,000
3 000
3,500
10,000
50,000
20,000
20,000

00
00
00
00
00
00
00
00
00

$161,600 00

BANK S T OCK .

Appleton N at'l Bank, Lowell •
Atlantic N at'l Bank, Boston .
Atlas N at 'l Bank, Boston
.
B ay St ate N at'l Bank, Lawrence
Blackstone N at'l Bank, Boston
Boston Nat'l Bank, Boston
.
B oylston N at' l Bank, Boston .
Bunker Hill N at 'l Bank, Boston
City Nat 'l Bank, Boston .
•
Columbian Nat' l Bank, Boston
Continent al N at 'l Bank, Boston
Eliot Nat' l Bank, Boston
E verett Nat ' l Bank, Boston
First Nat 'l Bank, Bost on
First Nat ' l Bank , Lowell
Globe Nat 'l Bank, Boston
.
Hamilton at 'l Bank , Boston .
H oward Nat' ] Bank, Boston .
Market N at' l Bank, Bost on .
Merchants' N a t' l Bank, Boston
Metropolitan Nat' l Bank, Boston
Commerce Nat' l Bank, Boston
.
North America Nat'l Bank , Boston.
R edem1 tiou at' l Bank, Boston
R epublic Nat'l Bank, Boston •
E agle N at'l Bauk, Bo to n
.
E xchange Nat' l Bank, Boston .
.
H ide aud Leath er at'l Bank, Bost on,
P emberton rat'] Bank, Lawrence .
R evere at ' l Bank, Bo.- ton
ni on at' l Bank Bo. Lon
.
W b. t r rat' l Bank , Bo. ton .
N ew En gla nd aL'l Bank, Boston •
.
N orth Natl Bank, Bos Lon
Old Bost n Nat'l Bank, Bo. ton
rescott at'l Bank , Lowell •

$40,000
8,000
18, 000
1,875
30,700
20,000
12,400
3,400
5,300
13,800
11,200
10,000
500
20,000
3,400
15, 000
10,000
13 ,500
10,000
4,400
4 ,000
15,000
25,000
40,000
40 ,000
3,000
5,000
10,000
11 ,000
37, 500
3,600
10/ 00
6 500
lG ,700

o,9..; o

2-, 000

$70,000
12,280
22,500
3, 125
35,305
25,600
15,872
6, 120
6,73 1
19 ,665
13,272
12,025
585
41,550
5,134
16,725
12,375
17, 566
11 ,075
6, 424
4,820
19 ,312
28,750
54,050
52,400
3,592
7,-00
11 ,650
14,850
4~ ,750
5,5:.6
11 707
9,6 5
23 67:..
4,819
30, 800

00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
87
00
00
00
50
00
00
00
50
00
00
00
00
00
50
00
25
00
00

$44,970
10,000
18, 000
1,875
30 ,700
20,000
12,400
3,400
5,300
16,560
11,200
10,000
500
20 ,000
3,400
15,000
10,000
13,500
10,000
4,400
5,000
20,000
25,000
50,700
42,825
3,000
5,000
10, 000
11 ,000
37 500
3 600
10,500
450
16,700
3, 950
22,450

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
09
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

PUBLIC DOCUMENT-No. 8.

1882.]

73

BANK STOCK -Concluded.
Par Value.

.
.

Railroad Nat'l Bank, Lowell
Second Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston.
.
State N at'l Bank, Boston
Suffolk Nat'l Bank, Boston
Third Nat'l Bank, Boston
Tremont N at'l Bank, Boston
1:Vashington Nat'l Bank, Boston

...
.

.
.. ...

.

$9,700
26,500
10,000
2,000
20,500
40,000
23,600
3,900

Estima ted
Market Va lue.

$12,028
40,147
12,750
2,510
24,984
42,600
28,792
5,460

00
50
00
00
37
00
00
00

$641,425 $851,786 99

Amount Invested.

$10,100
26,500
10,000
2,000
20,500
40,000
23,600
3,900

00
00
00
00
00
00
00
00

$673,480 00

. RAILROAD BONDS.

.
Boston and Lowell Railroad Co.
Eastern Railroad Company
.
Old Colony and Newport R.R. Co.

10

$127,500 $158,737 50
92,000 102,120 00
50,000
58,750 00

$127,500 00
46,000 00
50,000 00

. $269,500 $319,607 50

$223,500 00

74

CHARLES

BANK COl\1MISSIONERS' REPORT.
CLINTON SAVINGS BANK - CLINTON.
Incorporated 1851. Number of corporators, 44.
Treasurer, C. L. S.
L. Sw AN, P resident.

[Jan.

HA.MMOND.

STATEMENT.

A.sSETS.

LU.BILITIES,

Deposits
.
.
Earnings undivided
Guaranty fund .

$788,781 58
427 37
10,000 00

Public funds
.
.
Loans on public funds
Hank stock .
.
.
Loans on bank stock .
Railroad bonrls .
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on per ·onal security,
Loans to counties, cities, or
towns.
Premium
.
Cash on hand

$799,208 95

Loans on Public Funds: On $1,000 United States 4s
Loans on Bank Stock, amount on each: On 92 shares First National Bank, Clinton
On 16 shares Merchants' National Banki New Bedford

$69,020
400
79,690
6,480
28,900
12,372
415,020
155,900

00
00
00
87
00
65
54
00

20,000 00
7,218 59
4,206 30
$799,208 95

$400 00

$4,880 87
1,600 00

Amount of real estate h eld by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$12,372 65
13,550 00
9 4 80
19 24:

Whole amount of interest or profits received or earned •
Rate a~d amount of each semi-annual dividend for} 2 per cent
.{
previous year .
.
.
•
.
.
.
2 per cent
.
Times for the dividends fixed by tbe by-laws: second Monday in
April and October.
The total amount of loans, with each specified rate of inter t:
$20,000, 4 per cent; $20,000, 4-½ per cent; $231, 930. 7, 5 p r c nt;
$ 17,000, 5½ y r cent; $222,164.54, 6 p er cent; $72,906, 7 per c nt.
Number of out 'tanding loans which are of an amount not
221
, e ding $3,000 a h
.A.o-gr gate a mount of t,h ame .
Amom1t of inv st,m n t from which no income i r ceiv d
N um l>er of opr n a com1ts .
2, 40
Number and amount of depo its re eived for pr viou y ar, 2, -10
Number and amo1mt of depo it of and ex:c ding $3 0 at any
on tim for th pr viou year
. 170
N umber and amount of withdrawal
1 5: 7
Number of ac ount opened th pr vi us y ar .
67-!
Numb r of accounts lo d th pr viou y ar .
400
.A.mount, of xp n se f t,he ·orporatiou during preYiou y ar.
Amount of trea ur r ' bond
Date of e ·amination by commission r: fay 24.

$39,524 77
13,9!-32 40
14,7il 3

152,, 30 41
13,H00 00

7, ,5: 7 19
166 676 6

2,54 15
20,000 00

1882.J

75

PUBLIC DOCUMENT-No. 8.
Punuc

FU N DS.

Par Value.

City and town bonds: City of Taunton .
Town of Clinton

.

.
.

.

.

. .

Estima ted
Ma rlcet Value.

$8,000
60,400

$8, 800 00
66,440 00

$ 'i8,400

$75,240 00

- -

Amount Invested

$8,620 00
60,400 00

--$69,020 00

BANK STOCK.

F irst Nat'l Bank, Clinton

.

.

.
.

0 range Nat'l Bank, Orange •
F irst Nat'l Bank, Leominster .
F irst Nat'l Bank, New Bedford
.
C ommerce Nat'l B'k, New Bedford,
M etropolitan Nat'l Bank, Boston
Howard Nat'l Bank, Boston .
Webster N at'l Bank, Boston
City N at'l Bank, Boston .
Boston N at'l Bank, Boston
Atlas N at'l Bank, Boston
•
.
North America N at'l Bank, Boston,
Market N at'l Bank, Boston
Traders' Nat'l Bank, Boston •
.
Central N at'l Bank, Boston .
Manufacturers'. N at'l Bank, Boston,
Hide and Leather Nat'l B'k, Boston,

.

.
.
.

.
..

.

.
.

00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
50
00

$30,490
5,000
3,000
5,000
5,000
2,000
1,600
10,500
500
200
1,400
4,200
2,000
800
2,000
5,000
1,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$30,000
5,000
3,000
5,000
5,000
2,000
1,600
10,500
500
200
1,400
4,200
2,000
800
2,000
5,000
1,000

$37,500
5,500
3,300
6,250
6,250
2,405
2,082
11,707
635
256
1,750
4,830
2,195
816
2,400
5,512
1,165

$79,200

$94,554 00

$79,690 00

$13,000
5,000
10,00~

$16,250 00
6,250 00
11,750 00

$13,000 00
5,900 00
10,000 00

$28,000

$34,250 00

$28,900 00

RAILROAD BONDS.

Fitchburg Railroad 7s
Old Colony Railroad 7s
Old Colony Railroad 6s

. .
. .
. .

.

76

MARTIN

BANK COMMISSIONERS' REPORT.

[Jan.

COHASSET SA.VINGS BANK - COHASSET.
Incorporated 1845. Number of corporators, 34.
LINCOLN , P resident.
Treasurer, LEVIN.

BATES.

STATEMENT.

LIABILITIES,

ASSETS,

II
Deposits
.
.
Earnin gs undivided
Guaranty fund .

$323,879 93
4,053 36
5,000 00

Bank stock
Railroad bonds .
.
.
Real estate by foreclosure.
Loans on real estate .
.
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Cash on hand

$56,500
25,000
6,000
170,645
5,000

00

00
00
00

30,152 52
39,180 68
455 09

$332,933 29

Cash on Deposit in Banks, amount in each: Maverick National Bank, Boston
Boston National Bank, Boston •
Hingham National Bank, Hingham •

00

$332,933 29

•

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .
Whole amount of interest or profits received or earned •
•
Rate a~d amount of each semi-annual dividend for} 2 per cent . {
prev10us years .
.
•
•
•
.
.
. 2 per cent .
Times for the dividends fixed by the by-laws: first Tuesday in Janu ary and July.
Average annual per cent of dividends for the term ending at time
of and incl uding last extra dividend: 4 per cent.
The total amount of loans, with each specified rate of interest:
$23,152.52, 4 per cent ; $38,000, 5 per cent; $144,645, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
73
Aggregate amount of the same •
Number of open accounts .
22
Number and amount of dep0sits received for previous year
271
Number a nd amount of depo its of and exceeding $800 at any
one time for the previous year
29
Number and amount of withdrawals
• 327
Numb r of ace unts op ned the previous year .
75
Number of account cl ed the pr viou, year .
49
Amount of expenses of the corporation during prev iou year
Amoun t of tr a urcr's bond
Date of examination by commissioner: May 23.

$12,593 43
6,5 7 25
20,000 00
$6,000
4,800
490
66

00
00
00
72

$19,315 75
6,049 96
6,162 56

52,645 00
2 ,363 00
13,665 00
2-!,910 94

1,026 44
9,000 00

1882.]

77

PUBLIC DOCUMENT-No. 8.
BANI{ STOCK,

Par Value.

I

I

.
.

.
Atlas N at'l Bank, Boston
Blackstone N at'l Bank, Boston
Boston Nat'l Bank. Boston
.
City N at'l Bank, Boston .
.
Columbian Nat'l Bank, Boston
Continental N at'l Bank, Boston
Eagle N at'l Bank, Boston
Everett Nat'] Bank, Boston
Hide and Leather N'l B'k, Boston .
Market Nat'l Bank, Boston
Maverick N at'l Bank, Boston.
Merchants' N at'l Bank, Boston
.
North Nat'l Bank, Boston
Republic Nat'l Bank, Boston •
Revere Nat'l Bank, Boston .
Shawmut N at' l Bank, Boston.
State N at'l Bank, Boston
Tremont Nat'l Bank, Boston •
Union Nat'l Bank, Boston
.
Washington N at'l Bank, "Boston
ebster N at'l Bank, Boston •

.

.

.
.
.

.
..
.
.
.

.
.

.

,v

.
.
.
.
.
.

$3,000
2,000
4,500
4, 300
2,000
4,000
1,800
2,000
2,500
3,000
1,300
2,300
1,200
2,200
4,500
3,200
3,800
2,300
1,500
1,000
4,100
$56,500

E11tlmated
Market Value.

$3,750
2,280
5,850
5,375
2,840
4,720
2,088
2,300
2,975
3,300
3,250
3,358
1,704
2,838
5,490
3,936
4,750
2,829
2,295
1,370
4,592

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested,

$3,000
2,000
4,500
4,300
2,000
4,000
1,800
2,000
2, 500
3,000
1,300
2,300
1,200
2,200
4,500
3,200
3,800
2,300
1,500
1,000
4,100

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$71,890 00

$56,500 00

$16,000
9,000

$17,600 00
11,250 00

$16,000 00
9,000 0o_

$25,000

$28,850 00

$25,000 00

RAILROAD BONDS,

.
. .. .

Eastern Railroad 4½s, new
Old Colony Railroad 7s

78

.

BA K C0 ~1MIS SIONERS' REPORT.

[Jan.

CROCKER I NS T IT TION FOR SAVIN GS - T URNER 'S FALLS.
Incorpora ted April 3, 186\J. Number of corpo rators, 16.
GEORGE O. P EABOD Y, P resident.
Treasurer, D . P. AB ERCRO::UBIE.
S T A TEM ENT.

L IABILITIES,

ASSETS,

Ii
Deposits
Earni ngs uncl fr ided
Guaranty fun d

$ 29VH2 32
2,0'.!.f 57
2,050 00

Public fu nds
Ba nk st ork
L oans on bank stock
Railroad bonds
Real estate
L oans on real estate
.
L oans on personal seeur ity,
L oans to coun ties, cities, or
to wn s .
Deposit in bank on interest ,
E xpense accon n t .
L oan to :th e district
Interest.
Premiums
Cash in bank

.

.

$295,386 89

$ 36,000
32,600
1,000
10,000
9, 117
157,R78
26,520

00
75
00
00
48
15
00

4,500
4,600
169
1,500
] 20
6,505
5,076

00
00
26
00
00
00
25

$295,386 89

Loans on Bank St ock: On 13 shar es Crock er N ation al Bank

$1,000 00

Cash on D eposit in Bank: Crocker N ational Bank

$9,676 25

Amou nt invest ed in r eal estate (for banking purposes )
Estimated valu e of t h e same
Amount of municipal tax on real estate •
Whole amount of interest or profits r eceived or earned
•
Rate a:1d amount of each semi-annual dividend for } 2 per cen t
.{
.
.
.
.
.
.
2 per cent
p rev10 us year .
.
Time for th e dividends fixed by the by-laws : Januar y and Jul y.
Av rage an nual per cent of dividen ds fo r th e t erm ending at tim e
of a nd in ludin g last x tr a div idend :· 5 1 0 per c nt.
Th total a mount of loans, wi th each specifi ed rate of intere t :
$6,000, 5 p r ce n t; $149,108.15, 6 per ent; $36,090, 6½ per cent.
Nu m ber of out tandino- loans which a re of an amow1t no t
exc eel in;" $3,000 each
149
A gg rega te amount of th e sam •
Num ber of open a onnts .
• 903
Numb er and am ounL f depo it r eceived for previou y a r, 1,170
Numb r a nd a m unt f d po it f a nd -ceedino- $300 at a ny
on time f r Lh c pr vi n year
'5
nmh r ancl am oun t f wi Lhclra wa l.
47
Numh r f ,tc<·o unt oprn d t.h ' p re ion year .
32:3
umh r r of n.croun L los d Lh p revi n y a r .
145
1\m ou11 t o f xpr n •s o f Lh
o rporaLi on durin ~ pr viotts y ,ar
,\ nicrnnt o f l,l' n. ttrN · s bond
J>atr of Pxa min nL ion b • onnni s ion rr: ..\.u rr. 1 .

9,11 7 48
9,967 48
23 40
$15,124 50
4,390 3
5,0 0 36

126,70

15

10 ,635 92
47,064 56
52,947 60

547 7
2o,000 00

1882.]

PUBLIC DOCUlVIENT- No. 8.

79

P UBLIC FUN DS,

P ar Yalue.

State and city bonds: State of Maine 6s
of Massachusetts 5s
City of Boston 6s
of Boston 5s
of Lowell 6s
of Providence, R.I., 5s
of Somerville 5s

.
.
.

.
.

.

.
.
.

.
.

.
.

.

..

.

$3,000
10,000
6,000
4,000
3,000
5,000
5,000
$36,000

Estimated
Ma rlcet Value.

$3,500
11,800
7,400
4, 800
3,500
5,900
5,400

- - -

Amount I nveijted.

00
00
00
00
00
00
00

$3,000
10,000
6,000
4,000
3,000
5,000
5,000

$42,300 00

00
00
00
00
00
00
0o_

$36,000 00

BANK STOCK.

Crocker N at'l Bank, Turner's Falls,
Conway Nat'l Bank, Conway .
Commonwealth Nat'l Bank, Boston,
A tlantic Nat'l Bank, Boston
p acific N at'l Ban'k, Bbston
Central Nat'l Bank, Boston
Boston Nat'l Bank, Boston
Continental Nat'l Bank, Boston
M ercbandise N at'l Bank, Boston
N ew England Nat'l Bank, Boston
Columbian N at'l Bank, Boston
H oward Nat 'l Bank, Boston
.
w ebster Nat'l Bank, Boston
E liot N at'l Bank, Boston
Commerce N at 'l Bank, Boston
T remont N at'l Bank, Boston .

. .
.
.

.

..
.

.
.
.
.
.
.
.
.
.
.
.

$5,700
6,000
2,000
700
1,000
1,000
500
4,000
1,000
1,000
700
500
1,000
1,000
1,000
1,000

----$28,100

$7,125
7,200
2,400
1,070
1,050
1,200
640
4,720
1,100
1,450
995
650
1,110
1,200
1,280
1,220

00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00

$5;925
6,930
2,192
1,017
1,120
1,056
545
4,704
1,062
1,465
1,014
636
1,155
1,242
1,292
1,242

00
00
50
00
00
25
00
25
50
00
50
25
00
50
50
50

---$34,410 00

$32,600 7 5

RAILROAD BONDS.

Boston, Revere Beach, and Lynn R.R.

$10,000

I $11,600

00

I

$100,00 00

80

ISRAEL

[Jan.

BA K COMMISSIONERS' REP ORT.
DANVERS SAVINGS BANK - DANVERS.
Incorporated 1850. Number of corporators, 53.
H. PuTNAM, President.
Treasurer, WILLIAM L.

WESTON.

STATEMENT .

LIABILITIES.

Deposits
.
.
Earnings undivided •
Guaranty fund •

ASSETS.

$965,188 43
24,431 53
19,250 00

Pnblic funds
.
.
Loans on pul>lic funds
Bank stock .
.
•
•
L oans on bank stock .
Real estate by foreclosure .
.
L oans on real estate .
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Cash in bank not on interest,

$1,008,869 96

$47,105 00

5,000 00
120,621 00

2,835 00
95,007 18
405,205 00
301,702 15

15,820 83
4,181 46

11,392 34
$ 1,008,869 96

Loans on Public Funds : On $5,000 United States bonds •

$5,000 00

Loans on Bank Stock: On 31 shares First National Bank, D anvers

$2,835 00

Cash on Deposit in Banks, amount in each : Maverick National Bank •
National Bank of Redemption •
First National Bank, Danvers

$30 2 20
1 099 26
11 392 34

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •
Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for } 2 per cent ·• {
previous year .
•
•
•
.
.
.
. 2 per c nt
Tim for the dividend fix ed by the by-laws: April 1 and O t. 1.
Th total amount of loan , with each sp ifi d rate of int r t:
$55, 20, 4 p r
nt; $45 000, 4-½ per cent; $75,000, 5 p r c nt;
$60,000, 5½ p r
nt; $245 495, 6 per c nt· $10, 00 6½ p r cent;
$1 ,737.57 7 p r ent; $ 00, 7½ p r nt· $52 436
nt.
umb r of out tandino- loa n which ar of an amolmt not
x clino- $3,000 a h
• 234
A ggr gat am o unt of th am
Amount f inv Lrn nL fr m whi h n in om i r
iv cl ( m d
by JG IIuntin t n
rtifi at ) .
nm 1 r f pen a
nnt
2, 47
nmb r ancl m nnt, f cl p . it, r
ived for pr vions y a,r, 1,375
nmb r and amount, o f 1 po11its f a nd x e ding 300 at a,ny
n tim f r h pr viou
ar
9

95 007 18
86 300 00
4 020 00

1,1 2 96
$53,475 14
1 ,179 36
1 ,432 65

211, 4 00
52 446 65
104 937 97
53 007 00

1882.]

81

PUBLIC DOCUMENT-No. 8.

1,1 4 $116,07 20
Number and amount of withdrawal
• 321
Number of a ount op n u th pr vi u y ar.
270
Number of ac ount lo cl th pr viou y .ar .
2,304 42
Amount of expen e of th corporation du rinO' previous y ar .
25,000 00
.Amount of treasur r' bond
Date of examination by commissioner: .Jun 4.
PUBLIC FUNDS.

Amount Invested.

$17,500

$20,300 00

$17,500 00

$10,000
10,000
2,000
8,000

$12,200
10,300
2,180
9,280

$47,500

$54,260 00

Par Value.

United States 4s, 1907

.

City and town bonds: City of Boston 6s, 1894 .
.
of Boston 4s
of Hartford, Conn., 6s
Town of Danvers 5s, 1906

.

.
.
.
.

.
.
.

I

Estimated
Market Value.

00
00
00
00

$9,775
10,000
1,830
8,000

00
00
00
0o_

$47,105 00

BANK STOCK,

.
.

Tremont N at'l Bank, Boston .
Traders' N at'l Bank, Boston .
Commerce Nat'l Bank, Boston
.
Exchange N at'l Bank, Boston
Howard Nat'l Bank, Boston •
Revere Nat' l Bank, Boston
Washington Nat'l Bank, Boston
.
.
Atlas Nat'l Bank, Bosto_n
.
Globe N at'l Bank, Boston
.
Merchants' Nat'l .Bank, Boston
Redemption Natil Bank, Boston
State N at'l Bank, Boston
Continental N at'l Bank, Boston
North America Nat'l Bank, Boston,
Blackstone Nat'l Bank, Boston
Salem Nat'l Bank, Salem
.First Nat'l Bank, Salem.
Naumkeag Nat'l Bank, Salem
Asiatic Nat'l Bank, Salem
Commerce Nat'l B'k, New Bedford,
First Nat'l Bank, New Bedford
Warren Nat'l Bank, Peabody.
First Nat'l Bank, Danvers
.
Rockport Nat'l Bank, Rockport

.

. .
.
.
.
.

.

.

.
.
.
.

.
.
.

$2,000
2,800
6,000
6,500
6,800
7,500
2,500
5,000
8,500
5,000
6,500
5,000
1,000
3,100
300
2,500
700
500
8,100
7,500
12,500
2,000
6,900
1,000

$2,430
2,856
7,400
9,360
8,70!
9,075
3,450
6,250
9.430
7,300
8,645
6,250
1,180
3,565
345
3,000
875
800
11,502
10,425
16,875
2,800
7,555
1,300

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$110,200 $141,372 00
11

$2,000
2,800
6,000
6,500
6,800
7,500
2,500
5,675
10,612
6,475
7,901
5,356
1,080
3,148
300
2,862
700
500
8,100
8,962
14,947
2,000
6,900
1,000

00
00
00
00
00
00
00
00
50
00
25
25
00
75
00
50
00
00
00
50
25
00
00
00

$120,621 00

82

WALDO

BANK CO 11\lISSIONERS' REPORT.

[Jan.

DEDHAM INSTITUTION FOR SAVINGS - DEDHAM.
Incorporated May 1, 1831. Number of corporators, 82.
COLBURN, President.
Treasure1·, CALVIN

Gu1LD.

STATEMENT.

ASSETS,

LIABILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund .

,$ 1,384,393 35 ' Pn blic fun us
74,214 99 Bank stock .
.
33,474 01 Loans on Lank stock

$272,000 00
75,600 00
900 00

Railroad bonds .
.
.
Real estate b.) foreclosure .
Loans on real e ta te .
.
L oans on personal ecurity,
Loans to eounties, eities, or
towns.
.
. . .
.
Deposit in banks on interest,

123,292
o ,452
640 771
251:775

50
45
80
00

19,850 00
3H,440 63

$ 1,492,082 38
I

Loans on Bank Stock: On 10 shares Dedham National Bank

$900 00

Cash on Deposit in Banks, amount in each: In Dedham National Bank
In Maverick National Bank

$19, 440 63
20 000 00

Amount of r eal estate held by foreclosm e
A essed value of tb.e same
Amount of in come received from the same
Amount of municipal tax on real e tate .

$6 ,452 45

66, 54 00
4,505 00

1 136 41

$71,713 38
-Whole amount of interest or profits received or earned
Rate a~d amount of each semi-annual dividend for t 2 per ent
. { 23, " 4 36
pr v10u y ar .
.
.
.
.
•
.
S 2 per cent
.
25 ,414 93
Time for th dividends fixed by the by-laws : l\Iay 1 and Nov. 1.
Av rage annual per cent of dividend for th term ending at tim
of and including la t extra dividend: 6-/iif\r p er cent.
Tlw total amount of loan , with a h specified rat of int r t:
$l0,000, 4 p<'l' ·ent; $50, 000, 4½ per c nt; $1 7 000, 5 p r c nt·
$491,9.71. 0 Gp r eent · $9, ,50, 6½ per nt; . 157,2r 7 p r c nt·
$4,500, 7t per · nt; ."3,400
p r · nt.
Nnmber of o uL. tawling loan. ·which ar of an amom1t not
exc·<'e<ling $3,000 Pa ·11

5l

~gn'gatr amonnt of the am
392, 46 0
Amount of i11veslnH•nt. from ,vhi eh no incom i r
ivcd
1, 00 00
umlwr of op«'n ac·c·ount, .
4 13:3
11111lwr and a111ount of clC'po. its rC'cC'iv cl for prC'vi u yea r, 2,292 217 129 72
N11111ll<'r and a11101mt of rl<'lH>sit. of and C'XCC'<'cli n•"' $300 at an.
011<· t irn <' for tl1 <' prPvions yc>al'
I G ~ , 44 G2
1111llH'l' and a11101111t of "ithdra\\ als
1 .!1li7
11 ,nlwr of a1·c·o11 11t s <>Jl<'ll<'d t h1• pn'vions yrar •
!ll6
'11 111l11•r of a1·(·01111ts !'lo. Pd t hP pn'\' ions )C',H .
. 0-l
n1011nl of 1•xp1•nsPs of ll1I' c·orporation dnrinu; p1·r, iot tR yc'a r
111011111 of I n•;1s111•pf''s bond
l>aLl' of c>xa111i11;l1,io11 by c·o 1n11ti. s i n r : A pril 11.

127,.J: 4 05

1

;3,:,0 1 ~4
lf>, U00 UO

83

PUBLIC DOOU1\1ENT- No. 8.

1882.J

PUBLIC F UNDS .

Par Value.

.
.
.

United States 6s, 1879
"
" 4½s , 1891
1907
" " 4s,
3½
s,
6s extended
"
"
City and town bonds: City of F all River .
.
of Ma nchester, N.H.
of Augusta, Me.
of Biddeford, Me.
of VV orcester .
of Charlestown
of Portland, Me.
of Boston 6s
of Boston 4s .
.
of Providence, R.I. .
of Lynn
Town of Malden
of Melrose
of Woburn
.
of Lincoln
of Natick

.
.
.
.
.

.
.
.
.

.

.
.
.
.
.

. .
. .

.

.

.

.

.
.
.
.
.

.

.

.

.
.
.

.

.

$ 10,000
10,000
20,000
20,000

Estl mMed
Market Value.

$13,300
11,250
23,250
20, 250

00
00
00
00

Am ount Invested.

$10,000
10,000
20,000
20,000

00
00
00
00

$5,000 00
$5,800 00
$5, 000
18,000 00
18,000
20,700 00
5,000 00
5,350 00
5,000
4,000 00
4,1 60 00
4,000
10,000 00
10,700 00
10,000
6,000 00
6,9 60 00
6,000
9,000 00
10,440 00
9,000
12,600 00
10,000
} 110,000 00
100,000 106,000 00
20,000 00
20,000
21,400 00
1,000 00
1,100 00
1,000
10,000 0 0
11,600 00
10,000
5,000 00
5,000
6, 350 00
5,000 00
5,000
5,800 00
2,000 0 0
2,000
2,300 00
2,000 00
2,000 ·
2,120 00
$27:2,000 $301,430 00

$272,000 00

BANK STOCK.

D edham N at'l Bank, Dedham.
H oward Nat'l Bank, Boston
B lackstone Nat'l Bank, Boston
state Nat'l Bank, Boston
union Nat'l Bank, Boston
Globe N at'l Bank, Boston
T raders' Nat'l Bank, Boston
p eople's Nat'l Bank, Boston
C-ommerce N at'l Bank, Boston
A t las Nat'l Bank, Boston
.
w ebster Nat'l Bank, Boston
shawmut Nat'l Bank, Boston.

.
.
.
.

.
.

.
.
.
.
.

$14,600
4,000
7,500
2,500
2,500
2,500
5,000
6,000
7,500
10,000
8,500
5,000

$18,250
5,200
8,625
3,125
3,825
2,775
5,100
9,600
9,600
12,500
9,435
6,300

00
00
00
00
00
00
00
00
00
00
00
00

$75,600

$94,335 00

$14,600
4,000
7,500
2,500
2,500
2,500
5,000
6,000
7,500
10,000
8,500
5,000

00
00
00
00
00
00
00
00
00
00
00
00

$75.600 00

RAILROAD BdNDS.

Worcester and N ashna Railroad 5s
Boston and Maine Raihoad 7s
Boston and Lowell Railroad 7s
Boston and Lowell Railroad 6s
Boston and Lowell Railroad 5s
Old Colony Railroad 7s .
.
.
Boston, Clin., Fitch., &N. B. R.R . 5s,*
Eastern Railroad 4½s

$10,000
23,000
7,000
11,000
5,000
5,000
35,000
29,500

$10,000
29,210
8,400
12,650
5,350
6,250
36,400
32,302

00
00
00
00
00
00
00
50

00
00
00
00
00
00
00
50

- - - - - - - - --- ·---

$125,500 $140,562 50
*

$9,700
23,000
7,000
11,000
5,000
5,000
35,000
27,592

This bank has been notified that this investment is illegal.

$123,292 50

84

[Jan.

BANK COMMISSIONERS' REPORT.
EAST BOSTON SAVINGS BANK - EAST BOSTON.
Incorporated April 26, 1848.

GEORGE

T.

SAMPSON,

Number of corporators, 28.

Treasurer,

President.

WILLIAM

B.

PIGEON.

ST A TF!MENT.
LUBILITIES.

ASSETS.

II
$1,070,623 49
Deposits
.
.
Earnings und iv ided ,
117,377 31
15,14-! 58
Guaranty fund •

$260,820
10,086
24,732
252,9'10
565,010
48,128
16,088
1456
18,6U7
5,185

Bank stock .
.
L oan s on bank stock
Real estate .
.
.
.
Real estate bv foreclosure .
Loans on r eai estate .
.
Loans on pe rsonal security,
D eposit in bank on interest.
Expense account.
Accrued int,erest .
Cash on hand

15
00
11

32
84
04
36
86
16

54

$1,203,145 38

$ 1,203,145 38

Loans on Bank Stock, amount on each: On 100 shares First Nation al -Bank, Chelsea
On 1 shar e State National Bank

$10,000 00
86 00

Cash on Deposit in Bank:First Ward National Bank, East Boston

$16.08

•

Amount invested in real estate (for banking pllrposes)
Estimated value of the same
.Amount of real estate held by foreclosure.
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

36

$24,732 11

•

25 000
252 9-10
255,600
22 BO

00
32
00
00

3 49 30

Whole amount of interest or profits received or earned .
$69 474 00
Rate a~d amount of each semi-annual dividend
2 per cent ·. { 21 7-! 23
prev10us years
.
.
.
•
.
.
. 2 per cent
20,442 42
Times for the dividends fixed. by the by laws: third Wednesday in
January and July.
A verag annual per cent of dividend for the term ending at tim
of and in lucling last extra divi l nd: 4 per c nt.
Th total amount of loan , with a h p cifi d rate of int r t:
$06,400, 5 p r nt; $:306,665.70, 6 p J' Cant· $; 500, 6,½ p r nt·
$170,245, 7 p r nt; $2,000, 7¼ p r
nt· $31, 51
I er nt.
nmb r f out. tanclincr loan wlli h ar of an amount not

for}

0

ex

dinrr $:3,000 a h

. 252

Aggr gat am unt of Lh am
umb r f op n a
unt
umbe r ancl am nnt f deposit r · •ivecl for pr
um her anrl a,monnL of ckpo iL. r and
n t.imr f r th<' J r(w io n. yea r
mnh<>.r and an o nnt of wit.hdrnwal.

x

4,202
ion
ar
2 ;67
din•'!' $: 00 at any
. 130
2,, 93

35,, 165 16

222,162 70
7:\:.20 00
31~. 700 ;17

1882.J

PUBLIC DOCUl\lENT- No. 8.

85

Number of accounts opened the previou y ar .
720
Number of accounts closed the pr viou y ar .
984
A.mount of expenses of the corporation during previous year •
A.mount of treasurer's bond
Date of examination by commissioner: April 20.

$4,608 82
20,000 00

BANK STOCK.

Pa r Value.

.

.
Atlas Nat'l Bank, Boston
.
Boston Nat'l Bank, Boston
Blackstone Nat'l Bank, Boston
Boylston Nat'l Bank, Boston
Continental Nat'l Bank, Boston
Commerce Nat'l Bank, Boston
Eagle N at'l Bank, Boston
.
Eliot Nat'l Bank, Boston.
Freeman's Nat'l Bank, Boston
.
Globe N at'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Howard Nat'l Bank, Boston .
Market Nat'l Bank, Boston .
Merchandise Nat'i Bank, Boston
Mount Vernon Nat'l Bank, Boston .
Massachusetts Nat'l Bank, Boston .
North America Nat'l Bank, Boston.
Revere Nat'l Bank, Boston
Republic N at'l Bank, Boston .
Suffolk Nat'l Bank, Boston
.
.
State N at'l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
T raders' Nat'l Bank, Boston
Tremont Nat'l Bank, Boston .
Union Market N at'l B'k, Watertown,

.

.
.
.

.

.

. .
.

.
.

.
.

.
.
.

.

.
.

Estimated
Mark.et Value.

00
00
00
00
00
25
00
75
50
00
25
00
50
00
00
00
50
00
00
00
00
00
50
00
00

$1,100 32
22 ,596 66
4,717 31
5,766 50
11,173 40
15,706 24
10,874 15
18,153 00
30,916 24
25,212 00
7,489 98
7,700 97
5,443 10
2,400 00
3,064 25
3,490 83
15,940 02
11,301 06
5,541 10
11,917 88
10,509 57
8,103 13
5,496 75
5,908 19
15,297 _50

$225,500 $273,591 25

$260,820 15

$1,000
20 ,000
3,800
4,100
10,000
13,700
10,000
11,500
25,000
20,000
6,700
7,200
5,000
2,400
2,400
3,000
15,000
10,000
5,000
10,000
10,000
6,400
5,000
5,000
13,300

$1,270
25,600
4,408
5,248
12,100
17,707
12,075
13,828
31,312
22,400
8,023
9,369
5,637
2,616
3,066
3,750
18,037
12,500
6,550
12,500
12,450
7,200
5,212
6,100
14,630

Amount Invested.

86

BANK COMJ\1ISSIONERS' REPORT.

[Jan.

EAST BRIDGEWATER SA\'INGS BANK - EA T BRIDGEWATER.
Incorporated 1870. Number of corporator , 50.
K. E. SHELDON, President.
Treasurer, I. . NUTTER.
STATEMENT.

LiaBILITIES.

D epo its
.
.
E arnings undivided
Guaranty fund .

ASSETS.

$206,851 70
3,H27 20
2,572 56

Pu hlic funds
Bank stock .
Railroad bonds .
Loans on real estate .
.
Loans on personal security,
Deposit in bank on in terest,
Expense account .
Interest account .

$20,257 50
33,4fi 00
15,000 00
105,2Ci8 78
38,400 16
73 00
246 52
642 50
$213,351 46

$213,351 46

Cash on D eposit in Bank: National Bank of the Commonwealth
Whole amount of interest or profits received or earned
Rat~ a~d amount of each semi-annual dividend for }
pe1: cent . {
pr ev10us year .
.
.
.
.
.
.
2;r pe1 cent
Times for the dividends fi xed by the by-laws: ,Jan. 1 and July 1.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4¾ per cent.
The total amount of loan , with each specified rate of intere t :
.;5,000, 4 per cent; ,;8,000, 4½ per cent ; ·2s 500 5 per cent·
.;3,450.16 5½ per ent; $10-!,3G6.61, 6 per cent; "l,150, 6½ per
cent· $\28,454.67, p r cent.
Number of outstanding loans which are of an amount not
exc ecling. ·300 each
132
Aggrcgat amount of the same .
N nmher of open accounts .
32
Numhcr and amount of depo. it rec iv cl for previou year
743
Numb r arnl amount of deposit of and exc eding '·300 at any
on Lim for th prcviou y ar
72
Nmnhcr anrl amount of wiLh<lrawal .
451
Nnml>cr of account. 01wnc<l th previou yN1.r .
203
umhcr of ac-c·onnts t'lo. t'1l thr pn•viou year .
0
Amount of xpcn. c>s of th<' corporation durino- pr 'viou year .
Amount f Ln'a. nrcr' s b ml
DaL, of <•xaminati n by com mis ion r: 0 ·L. 7.

2t

. '9,57 67
3 770 33
3 735 49

94 513 7
77,7

G2

37.9~2 10
39,071 80

53G 15
10,000 00

1882.J

7

PUBLIC DOCUMENT- No. 8.
PUBLIC F UND S,

-

united States 4¾s .
" 4s .
"

.
.

.

.

State, city, and town bonds : State of New H amp hire 6s
City of Rockland, Me., 6s
of Cambridge 6s
.
.
of Bath, Me., 6s
Town of Woburn 6s
.
of Amesbury 5s

.

.
.
.

-

Par Vallte.

E~timated
Market Value.

Amount Investerl.

.

$3 ,000
5,000

$3,339 00
5,800 00

$3,000 00
5,000 00

.
.

$3,000
500
2,000
4,000
2,000
500

$3, 690
500
2,160
4,000
2,200
500

$3 ,322
455
1,940
4,140
1,900
500

.

$20,000

00
00
00
00
00
00

$22,189 00

50
00
00
00
00
0o_

$20,257 50

BANK STOCK.

.
.

.
City N at'l Bank, Boston .
Commonwealth N at'l B'k, Boston .
Fourth N at'l Bank, Boston
Hamilton Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
l\farket N at'l Bank, Boston
Merchandise N at'l Bank, Boston
Shawmut Nat'l ~ank, Boston.
State Nat'l Bank, Boston
.
Traders' Nat'l Bank, Boston
Tremont N at'l Bank, Boston •
Webster N at'l Bank, Boston
Home Nat'l Bank, Brockton .
Brockton N at'l Bank, Brockton

.

$2,000
1,000
3,000
1,000
1,700
2,000
2,000
1,000
2,200
3,000
3,000
4,000
4,000
1,000

.
.

.

.

.
.

.
.

$30,900

$2,540
1,200
3,300
1,130
1,980
2,200
2,200
1,275
2,750
3,060
3,660
4,460
4,600
1,050

00
00
00
00
50
00
00
00
00
00
00
00
00
00

$35,405 50

$2,276
1,225
3,000
1,250
1,700
2,317
2,000
1,167
2,471
3,000
3,480
4,000
4,580
1,000

75
00
00
00
00
50
00
50
25
00
00
00
00
00

$33,468 00

RAILROAD BONDS.

Old Colony Railroad 6s

.

.

.

. .
E astern Railroad 4½s
V errnont and Massachusetts R.R. 6s,
B oston, Rev. Beach, & Lynn R.R. 6s,

-

$6,000
5,000
1,000
3,000
$15,000

$7,050
5,500
1,050
3,510

00
00
00
00

$17,110 00

_$6,000
5,000
1,000
3,000

00
00
00
0o_

$15,000 00

88

BANK COMMISSIONERS' REPORT.

[Jan.

EAST CAMBRIDGE FIVE CENTS SAVI NGS BANK - CAMBRIDGE.
Incorporntetl 1854. Number of corporator ·, 46.
GEORGE STEVENS, Presiden t.
Treasurer, SAilIUEL SLOCOMB.
STATEMENT.

LLUIILITIES.

Deposits
Earnings undivided .
Guaranty fund
Prellliums
Profit and loss .

ASSETS.

$896,973
5,951
1!:l,856
2,864
2,500

59
48
52
84
00

Public funds
Bank stock
Loans on bank stock
Railroad bornls
Real estate
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to count,ies, cities, or
towns.
Deposit in banks on interest,
Cash on band
.

$928,146 43

Loans on Bank Stock, amount on each: On 75 shares Lechrnere National Bank
On 28 shares Pacific National Bank .
Cash on Deposit in Banks, amount in each: Lechmere National Bank .
International Trust Company* .
Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same (per month)
Amount of municipal tax on real estate .
Whoie amount of interest or profits received or earned •
Rate a~d amount of each semi-annual dividend for } 2½ per cent . {
previous year
.
.
.
.
.
4!
• 2 p er cent .
Times for th dividends fixed by t4e by-law : April 15 and O t. 15.
The total amount of loan , v, ith each specifi cl rate of int re t:
$15,000, 3¾ per ent; $40 000, 4-½ per cent; $62 150 5 p r cent;
$3:24,073.13 6 p r · nt ; $100,770.56 6½ p r ent; $104 700, 7 p r
cent· $600, p r c n t.
umb r of out ta nclin 1 an whi h ar of an am01mt not
x
din rr $:3, 000 a h
262
A ggr gat am un t f Lh
Amount of in v t,m nL fr m wlli b no in om
d: 60
har
~::m1bri clg L ard ompany, par valu
har
( h a rn- d ff t pr f1 t and lo ).
um) 1' of 0 ) 1C' l1 ac> ' unts .
· , 00
umb r a nd am un L of tl p s it
ar, 5 054
umb r ancl am unL of ti p ·it,
v
• tan
on t,im for Lh
. 131

$21,000
129,900
1:2,179
19,000
7,000
44,418
537,914
82,200

00
00
21
00
00
67
48
00

15,000 00
56.815 27
2,718 0
$928,146 43

$9,379 21
2 00 00
$26, 15 27
30 000 00
$7,000
7,000
44,41
52,500
360
956

00
00
67
00
00
0

$47,526 27
19 367 56
10,2:31 39

1

• T bc A Llorn y.
company are legal.

2 4,914 48

215 2 7 98
73,567 21

nernl boa given on opinion tbnt d posits by savings books in tills trust

1882.J

PUBLIC DOCUMENT-No. 8.

89

2,046 $165,830 48
Numb r a.nd amount of with lrawal
02
Numb r of ac ount or ned th 1 r viou y ar.
620
Numb r of a counts clo cl th pt· vi u year .
.
2,016 69
Amount of expenses of the corporation dming pr viou year .
20,000 00
Amount of treasurer's bond
Date of examination by commis ioner: Mar h 1.

Puuuc

FUNDS.

Par Yalue.

City bonds : City of Cambridge 6s
.
of Boston.

.
.

.

$19,000
2,000

.

Estimated
Market YaJue.

Amount Invested.

$20,710 00
2,000 00

$19 ,000 00
2,000 00

$22,710 00

$21,000 00

-$21,000

BANK STOCK.

.
.
.
.

Atlas Nat'l Bank, Boston
Blackstone N at'l Bank , Boston
Boston N at'l Bank, Boston
Bunker Hill Nat'l Bank, Boston
Commerce Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston.
Continental Nat'l Bank, Boston
Eliot N at ' l Bank, Boston .
Exchange N at'l Ba11k, Boston .
Fa11euil H all Nat'l Bank, Boston
First Ward Nat'l Bank, Boston
Globe Nat 'l Bank, Boston
Hide and Leather N at'l B'k, Boston,
Howard Nat'l Bank, Boston
Massachusetts Nat'l Bank, Boston
Merchants' Nat'l Bank, Boston
Metropolitan N at'l Bank, Boston
New England Nat'l Bank, Boston
North Nat'l Bank, Boston
.
North America Nat'l Bank, Boston.
Redemption Nat'l Bank , Boston
Republic Nat' ! Bank, Boston
R evere N at'l Bank, Boston
Third Nat'l Bank, Boston
Tremont Nat'l Bank, Boston
Union Nat'l Bank, Boston
.
Webster Nat'l Bank, Boston .
Cambridge City N'l B'k , Cambridge,
Charles l{iver Nat'l B ' k, Cambridge,
Lechmere Nat'l Bank. Cambridge
Newton Nat'l Bank, Newton
Concord Nat'l Bank, Concord .
Fall River Nat'l Bank, Fall River
First Nat'l Bank, Malden
.
First N at'l Bank, Marlborough
.
Merchants' Nat'l B'k, Newburyport,

.

.
.

.
.

$700
5,400
6,300
4,100
6,700
4,000
3,000
1,200
1,600
2,000
5,uoo
2,100
11,500
6,000
500
5,000
1,600
2,000
1,900
500
1,000
5,800
3,800
11,000
7,600
500
6,700
2,600
2,400
7,600
1,300
3,300
1,100
2,500
2,000
600

$870
6,200
7,760
7,380
8,570
5,960
3,540
1,440
2,304
2.680
6,000
2,330
13,340
7,800
620
7,300
1,9:20
2,980
2,670
570
1,350
7,590
4,630
11,660
9,270
660
7,430
4,100
4,000
11,400
1,560
4,290
1,100
2,500
2,000
600

00
00
00
00
00
00
00
00
00
()0

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$130,900 $166,374 00

$700
5,400
6,300
4,100
6,700
4,000
3,000
1,200
1,600
2,000
4,000
2,100
11,500
6,000
500
5,000
1,600
2,000
1,900
500
1,000
5,800
3,800
11 ,000
7,oOO
500
6,700
2,600
2,400
7,600
1,300
3,300
1,100
2,500
2,000
600

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
OU
00
00
00
00
00
00
00
00

$129,900 00

90

BA K COMMISSIONERS' REPORT.

[Jan.

RAILROAD BOND •

Par Value.

Eastern Railroad .
Boston and Albany Railroad

$8,500
15,000
$23,500

I

Estimated
Market Value.

$9,350 oo
19,050 00
$28,400

.Amount Inve ted.

I

oo I

$4,000 00
15,000 00
$19,000

oo

91

PUBLIC DOCUMENT-No. 8.

1882.J

EASTHAMPTON SAVING' BANK- EASTHAMPTON.
Incorporated Feb . 10, 18G9. Numb r of corporators, 30.
J OHN MAYHER,

President.

Treasurer,

SAMUEL

T.

SEELYE,

STATRMENT.

LIABILITIES ,

Deposits
.
.
Earnings undivided
Guaranty fund .

ASSETS,

$291,927 58
1,130 88
5,000 00

Bank stock .
.
Loans on bank stock
Loans on r eal estate .
.
Loans on personal security,
Expense account .
Cash on hand

$69,169
1,550
153,275
72,785
175
1,104

25
00
00
00
00
21

4

$298,058 46

$298,058 46

Loans on Bank Stock: On 17 shares First National Bank, Easthampton

$1,550 00

Cash on D eposit in Bank: First National Bank, Easthampton

$1,104 21

Whole amount of interest or ·profits received or earned •
Rate and amount of each semi-annual dividend for} 2¾ per cent . {
previous year .
.
.
.
.
.
.
2¼ per cent .
Times for the dividends fixed by the by-laws: Jan. 23 and July 23.
Average annual per cent of dividends for the t erm ending at time
of and including last extra dividend: 6½ per cent.
The total amount of loans, with each specified rate of interest:
$10,000, 5 per cent; $15,000, 5½ per cent; $127,555, 6 per cent;
$75,055, 6½ per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
166
Aggregate amount of the same .
Number of open accounts .
1,137
Number and amount of deposits received for previous year, 1,213
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
51
Number and amount of withdrawal~
587
Number of accounts opened the previous year .
243
Number of accounts closed the previous year .
154
Amount of expenses of the corporation during previous year.
Amount of treasurer' s bond
Date of examination by commissioner: July 13.

$17,814 00
5,766 19
6,083 48

125,985 00
71,115 90
24,883 94
60,809 61

718 25
10,000 00

92

BANK COlYii\IISSIONERS' REPORT.

[Jan.

BANK STOCK.

E timated
l..\mount Invested.
Market Value.

Par Value.

.

First N at'l Bank, Easthampton
First Nat'l Bank, Northampton
.
Fir t Nat'l Bank, Lynn
Holyoke at'l Bank, Holyoke .
Blackstone at'l Bank, Boston
Second N" at'l Bank, Boston
.
North Nat'l Bank, Boston
Commerce Nat'l Bank, Boston
Hampshire Co. N'l B'k, Northampt' n,

.

.
.

.
.
.
.

I

$29,800
9,700
4,400
t,200
2,200
2,000
2,000
700
1,000
$60,000

$37,250
12,610
5,280
9,184
2,640
3,000
2,900
910
1,150

00
00
00
00
00
00
00
()0
00

$31,092
12,125
5,256
8,200
2,200
3,018
2,447
700
1,130

00
00
00
00
00
75
50
00
00

------ -----$74,924 00

$69, 169 25

93

PUBLIC DOC UMENT-No. 8.

1882. J

EAST WEYMOUTH SAVINGS BANK- EAST WEYMOUTH.
Incorporated 1872. Number of corporators, 30.
JOH N

P.

Treasurer,

President.

L OVELL,

JOSEPH

A.

CUSHING.

STATEMENT.

.ASSETS .

LI ABI LITI E S.

II
D eposi ts
.
.
E a rnin gs undi vided
G ua ranty fun d •

P uhlic fnn cl s
Bank Stock .
Railroad bo nd s .
•
.
R ea l estate h y for eclosure .
L oa ns on real estate .
.
L oans on personal sec uri ty,
L oa11 s t o co un ties, cities, or
towns.
.
.
.
.
Deposit.in ba nk on inter est ,
(;:;i.sh 0n li ,a.nd

$212,811 92
tiO 77
3,125 80
1

,

,:I·'.~~2:5·..~98 '.49, i :,:·
)

'
)

t

1
l

I

11

I
)

)

)

I)
'

I

)

}

)

)

,)

f l

)

'

'l .I

"')>'.'I I)

J

, ~

V

..

)J

5,006 00

9,850 00
9,81i0 12
147 16

''
')

' ·'

•

•)

•.J ;

1,071 38
154,6 13 83

)

0

•;

2,000 00

$215,!:JUS 4!:J

)

•

Cash on D eposit 'i'n Ban k : ~ • .
, '' ·
Manufacturers' National Da:r:.k.
B
0st-011,
1.,

$24,950 00
8,500 00

$9,860 12

) J

Amount of r eal estate h eld by for~cl~~ur~
Assessed value of the sa me
Amount of in come r eceived from the same
Amount of municipal tax on r eal estate
Whole amount of inter est or profits r eceived or earned •
Ra t e and amount of each semi-annual dividend for } 2½ per cent . {
previous year .
.
.
.
.
.
.
2 p er cent ,
Times for the dividends fixed by the by-laws : 44.pril :md October.
Average annual per cent of dividends for the t erm ending at time
of and including last extra dividend : 5r40 per cent.
The total amount of loans, with each specified rate of inter est:
$9,850, 5 per cent ; $72,420.83, 6 per cent ; $24,750, 6½ p er cent ;
$62,449, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3, 000 each
136
A ggregat e amount of the same .
Number of open a ccounts .
• 855
Number and amount of deposits r eceived for previous year
846
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
54
Number and amount of withdrawals .
328
Number of accounts open ed the previous year
230
Number of accounts closed the previous year
99
Amount of expenses of the corporation during previous year .
Amount of treasurer' s bond
Date of examination by commissioner : May 23.

$1,071
1,025
74
18

38
00
88
10

$10,881 71
4,380 97
3,881 50

116,619 83
60,494 73
26,106 32
33,338 55

960 83
20,000 00

94

BANK COMMISSIONERS' REPORT.

[Jan.

P unLIC F uNDs.

-

Par Value.

State and city bonds : .
State of l\Iaioe
City of Boston
.
of Charlestown
of P ortland, Me.
.
of Chelsea
.
of Salem.

.
.
.
.
.
.

.

.
.

Estimated
Market Yalue.

$4,000
8,000
7,000
3,000
1,000
1,000

$4 000
8,800
9,100
3,300
1,000
1,000

00
00
00
00
00
00

$24,000

$27,200

oo

te: 400

Qi)

A.mount Invested.

$4,000
8,000
7 950
3,000
1,000
1,000

I

00
00
00
00
00
00

$24,950 00

BANK STO CK.
r

r

<

Union Nat'l Bank, Bost6't;
f4,50C,
Central Nat'! Bank, Bo~'ton .
1,000
Merchandise Nat' ! Bank,. .Bog-bu ,., · , l ,OOJ
Man ufacturers' Nat'! Bali~; Bos~'. m. _ _._~,1.)0,3

1

1,090 00
1,000 ()('
l~0 ~

I_:,

$-1,500
1,000
1,000
2,000

00
00
00
00

$8,500 00
,i8,500 , $9,680 00
- -- - - - ~ - -- - - - ~- - - - -1 _ _ _ _ _ _ _ _ __
r

RAILROAD BONDS.

Old Colony Railroad

$2, 000

$2,600 00

$2,000 00

1882.]

WILLIAM

95

PUBLIC DOC UMENT-No. 8.
ELIOT FIVE CENTS SAVIN GS BANK - BOSTON.
Incorporated Feb . 4, 186 . Numb r of corporators, 74.
C. APPLETON, P1·esiclent.
Treasu1·er, G1i:oRGE C.

LEACn.

STATEMENT.

L IAB I LIT IES,

Deposits
.
.
Earnin gs u ndivided
G uaranty fund •
T ax acco nnt
.
Suspen e account

A SSETS,

$ 1,260,358
13,036
17,701
4,440
48

36
58
72
00
78

Public fuiids
Bank stock .
.
Loan on bank stock
Rail road bu nd s .
.
.
Real est.ate by fo reclosure .
Loans on real estate .
.
Loaus on personal security,
Expense aecount .
.
'Tax t itles to real estate
Cash on hand

$433,600
53,100
7,700
64,000
28,000
491,450
187,4 00

00
00
00
00
00
00
00
447 28
20(i 27
29,li81 94

$ 1,295,585 44

L oan s on Bank Stock , amount on each : On 71 shares People's Nation al Bank, Boston •
On 10 shar es Exch an ge Nation al Bank, Boston

$6,700 00
1,000 00

Cash on D eposit in Bank: People' s N at ion al Bank, Boston

$29,172 68

Amount of real estate h eld by foreclosure
Assessed value of t h e same
A mount of income received from the same
Amount of municipal tax on real estate .

$28,000
25,800
1,998
358

00
00
13
62

Whole amount of interest or profits received or earned •
$65,417 72
Rat e a~d amount of each semi-annual dividend for } 2 per cent . { 21,662 72
prev10us year
.
.
.
.
.
.
. 2 per cent .
22,649 51
Times for the dividends fi xed by the by-laws: second W ednesday in
April and Oct ober.
Average annual per cent of dividen ds for the term ending at time
of and including last extra dividend: 8 per cent.
The total amount of loans) with each specified rate of interest:
$25,000, 3 per cent; $15,000, 3¾ per cent; $50,000, 3½ per cent ;
$29, 300, 4 per cent ; $36,000, 4½ per cent; $122,000, 5 per cent ;
$ 23,500, 5½ per cent ; $263,750, 6 per cent ; 5,900, 6½ per cent ;
$86,000, 7 per cent ; $10,000, 7f 0 per cent ; $7,500, 7t per cent ;
$1:l,600, 8 per cent,
Number of outstanding loans which are of an amount not
ex ceeding $3, 000 each
91
Aggregate amount of the same .
148, 400 00
Number of open account s .
5,314
N umber and amom1t of deposits received for previous year, 5,888 380,868 57
N umber and amount of deposits of and exceedin g $300 at an y
one time for the prev ious year
. 259 130,105 00

96

BANK COMMISSIONERS' REPORT.

[.Jan.

:rumber and amount of withdrawals
3,2 1
Tumber of accounts opened the previous year .
1 002
umber of accounts closed. the previous year .
5i6
Amount of expense of the corporation during previous year .
.A.mount of treasurer's bond
Date of examination by commissioner: March 19.

231,950 72

6 061 12
5 000 00

PUBLIC FUNDS.

.

United States bonds

State, city, and town bonds : State of Maine.
of New Hampshire .
City of Bangor, Me.
of Providence, R.I. .
.
of Lynn
of Portsmouth, N.H.
.
of Dover, N. H.
.
of Springfield
.
.
of Taunton
.
of Somerville .
of Lowell.
of Lawrence
of Cambridge
of Fall River .
of Portland, Me.
.
.
of Chelsea
of Boston.
of Manchester, N.H
.
Town of Woburn .
.
.
of Beverly

.

.

.

.
~

.

.
.

.
.
.
.
.

.

Par Value.

Estimated
Market Value .

.-\.mount Invested.

. I $125,000

$137,500 00

$125,000 00

.
.

.

.
.
.

.

.
.

$1,000
2,600
4,000
25,000
15,000
10,000
5,000
20,0UO
20,000
10,000
13,000
15,000
10,000
10,000
5,000
15,000
100,000
10,000
8,000
10,000

$1,160
3,036
4,380
27,800
16 ,600
10,700
5,400
25,000
23,000
10,800
14,600
16,900
11,800

00
00
00
00
00
00
00
00
00
00
00
00
00

5,500
17,000
112,300
11.000
9,200
10,200

00
00
00
00
00
00

11.~oo oo

$-133,600 $485,076 00

$1,000
2,600
4,000
25,000
15,000
10,000
5,000
20,000
20,000
10,000
13,000
15,000
10,000
10,000
5,000
15,000
100,000
10,000
8,000
10,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$433,600 00

BANK STOCK.

P ople's Xat'l Bank, Bo ton
Atlantic Na.t'l Bank, Bo ton
Atl as Nat'] Ba nk, Bo. ton
.
C lumbian Nat'l Bank, Bo ton
011Lin iital :'\ at' ] Bank, Boston
Eag-1 Nat'] Bank, Bo~ton
Eliot Nat'l Ha n]-, Boston.
Il oward Jat' l B,nk, Bo ton .
Market aL l Bank, B t n
.
1 r ha11 ts' JaL' l B:wk, Bo ton
.
l\fount \ ern n 1 aL' l Banl-, B ton .
,' La,L rat' l Bank, I sto n
.
, 'hawmnL aL 1 Bank, B sL n .
aumkrag 1 aL l Bank, 'al m
.
orLh m ri ·a I aL l Bank, l o ton.
R d 1111 ti 11 NnL'l Bank , l . Lon

--- - -------

$13,000
1,000
7,000
2,000
5,000
1,000
1,000
1,300
3,000
3,000
6,100
1,400
4,3 0
1 000
1.000
-, 00

$18,850
1,3~0
7,910
2, 00
5,500
1,100
1,070
1,305
3,250
90
7,-00
1,700
4, 00
1,500
1,1 5
2,600

00
00
00
00
00
00
00
00
00
00
00
00
00
0
00
00

$53,100

$66,0F 00

$13,000
1 000
7 000
2,000
5,000
1,000
1,000
1,300
3,000
· ,000
6,100
1 400
4,300
1,000
1,000
2,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

PUBLIC DOCUMENT-No. 8.

1882.J

97

RAILROAD BONDS,

Boston and Lowell Railroad .
Boston, Clinton, Fitchburg, and New
.
.
.
Bedford Railroad*
Newport and Richford Railroad,
guaranteed by the Connecticut
River and Passumpsic Railroad .

*

Par Value.

Estimated
Market Value.

Amount Invested.

$29,000

$35,380 00

$29,000 00

25,000

25,750 00

25,000 00

10,000

10,500 00

10,000 00

$64,000

$71,630 00

$64,000 00

This bank bas been notified tbat this investment is illegal.

13

98

BANK COMMISSIONERS' REPORT.

[Jan. ·

EJ1,1IGRANT SAVINGS BANK * - BOSTO .
Incorporated May, 1870. Number of corporators, 26.
Treasurer, J'oHN W. McDONALD.
THOMAS RussELL, President.
STAT EMENT.

LIABILITIES.

Deposits
.
.
Earnings und ivided
Guaranty fund .
Profit and loss
Suspense account

.

ASSETS.

$872,375
18,209
9,019
121,250
621

47
38
67
80
27

- - --

. .

Real estate .
Real estate by foreclosure .
L oans on real estate
L oans on personal ecurity,
Deposit in bank on interest,
Expense aecount.
Fixtures and safe
Cash on hand

.

$1,021,476 59

$290,322
281,222
220,346
204,700
7,097
2,639
11,691
3,455

-----

$1,021,476 59

Cash on D eposit in Bank: Maverick National Bank
Amount invested in real estat e (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$7 097 78
•

Whole amount of interest or profits received or ear ned
Times for the dividends fixed by the by-laws : fay and November.
The total amount of loans, with each specified rate of interest:
$200,000, 5 per cent; $148,425, 6 per cent; $13,000, 6½ per cent;
$35,071.70, 7 per cent; $22,250, 7t per cent; 6,300, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
59
AgO'regate amount of the same •
Amount of investments from which no income i r ceived
Numb r of open accounts •
6 491
Numb rand amount of withdrawals.
11 310
Amount of X} n s of th orporation dw·inO' pre ious year
Amount f tr a ur r' bond
Dat of xamination by ·ommi i n r: F b. 12.
• 'l'bis bank wa temp rarily enjoln ed by decree of upreroe Judicial
and la now being wound up by it officers by penuisslou of tb court.

95
35
70
00
78
69
91
21

290,322
250,000
281 222
217 350
13 672
2 798

95
00
35
00
43
07

47,902 51

80 496 70
1 660 67

3

248 14
5 5 6 74
20 000 00

ourt, April 16, 1878,

1882.J

J OSEPH

99

P UBLIC DOCUMENT-No. 8.
ESSEX SAVINGS BA K - LAWRENCE.
In cor porated March 12, 1847. Number of orporators, 47.
SHAT'l'UCK, P1·esident.
Treasur er, JAMES H.

EATON,

STATEMENT .

LIABILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund .

ASSETS.

$3,734,602 82
30,878 ('i7
50,000 00

Public funds
Bank stock
.
Loans on bank stock
Railroad bonds .
.
.
Real estate by foreclosure .
.
Loans on real estate .
Loans on personal security,
Loans to counties, cities, or
towns.
•
.
.
Deposit in banks on interest,
Cash on hand

$3,815,481 49

Loans on Bank Stock, amount on each: On 40 shares Lawrence National Bank
On 35 shares Pacific' National Bank. .
On 23 shares Pemberton National Bank ..
On 8 shares Hide and L eather National Bank
On 24 shares Old Lowell National Bank .
Cash on Deposit in Banks, amount in each: Hide and Leather National Bank, Boston .
Bay State National Bank, Lawrence.
.A.mount of real estate h eld by foreclosure
Assessed value of the same
.A.mount of income received from the same
.A.mount of municipal tax on real estate .

$536,000
293,225
10,3fi0
303,/500
105,000
1,708,891
748,890

00
00
00
00
00
16
00

106,000 00
18 48
3,596 85
$3,815,481 49

$2,700
2,700
2,300
660
2,000

00
00
00
00
00

$18 48
489 69
$105,000
147,300
6,561
1,920

00
00
37
47

Whole amount of interest or profits received or earned •
$202,612
Rate and amount of each semi-annual dividend for} 2 per cent • { 64,354
previous year .
.
.
.
.
.
.
. 2 per cent .
68,670
Times for the dividends fixed by the by-laws: third Wednesday in
April and October .
.A.verage annual per cent of dividends for the term ending at time
of and including last extra dividend: 7lo%- per cent.
The total amount of loans, with each specified rate of interest:
$75,000, 4 per cent; $248,000, 4½ per cent; $642,250, 5 per cent;
$116,600, 5½ per cent; $1,289,831.16, 6 per cent; $86,100, 7 per
cent.
Number of outstanding loans, which are of an amount not
exceeding $3,000 each
• 426
Aggregate amount of the same •
512,175
Number of open accounts .
11,600
Number and amount of deposits received for previous year, 15,331 1,000,409
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 742 418,087
Number and amount of withdrawals
6,717 715,144

16
50
50

00
54
76
22

100

BANK COMMISSIONERS' REPORT.

[Jan.

Number of accounts opened the previous year .
3,108
1 923
Number of accounts closed the previous year .
Amount of expenses of the corporation dming previous year .
Amount of treasurers bond
Date of examination by commissioner: June 9.

$7,722 98
25,000 00

PUBLIC FUNDS.

Par Value.

United States 6s, currency
.
4½s
"
"
4s
.
"
"

.

City bonds: City of Boston
of Lawrence .
of Somerville
of Fall River
of Lynn
of Rockland, Me.
of Newton

.
.

.
.

.

.
.
.

.

.
.

.
.

.

.

EStlmate d
!Amount Inve ted.
Ma rket Value.

$80,000 $104.000 00
200,000 226 ,000 00
100,000 116,000 00

$80,000 00
200,000 00
100,000 00

$10,00()
16,000
25,000
25,000
50,000
14,000
16,000

$10,000
16,000
25,000
25.000
50,000
14,000
16,000

$10,300
16 ,000
26,000
30,000
61 ,000
14,000
19,000

00
00
00
00
00
00
00

$536,000 $622.300 00

BANK

Atlas N at'l Bank, Boston
Atlantic N at'l Bank, Boston
:Hay State Nat' l Bank, Lawrence
Boston Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
Commerce Nat'l Bank. Boston
Contin ental N at'l Bank, Boston
City Nat ' l Bank. Boston .
Eliot Nat'l Bank, Boston
E verett at ' l Bank, Boston
Howard ~ at' ! Bank, Boston
Hide a nd Leather N at'l B ' k , Boston,
Massachusett Nat' l Bank, Bo8ton
Mave rick .r at '! Bank, Boston .
Merch a nts' Nat' l Bank, Boston
N orth Am eri ca Nat'l Bank , Boston,
N orth Nat' l Bank , Boston
Revere Nat' ! Hank , Boston
R epubli c Nat'l Bank, B sto n
~h a wmut Na t 'l Bank , B ston .
'uffolk at' ! Ba nk , Bo ton
' tate ..1. at' ! Bank, ,13 Rto11
Tr mo11t a.t' l Bank , Boston
T rad r. ' Nat I Ban] , Bo t.0 11
U nion Nat' l Ban k, 130. t 11
W b t, r a t 'l llan k , Bo. t, n
1 uu t V rn u r at J lla uk , l3P. t n

-

-

$536,000 00

STOCK.
$13 ,000
4,000
24,975
3,000
4,000
7,500
2,000
13,000
8,000
10,000
23,200
10,000
· 3,750
5,100
20,000
15,000
)0,000
22,500
25,000
2,700
9,000
9,900
10,000
7,000
1,000
_f, 00
4,600

$16,500
6,000
33,000
3,800
5,100
9,500
2,400
16,000
9,400
11,500
29,600
11,700
4,600
12,400
29, 400
17.500
14,000
27,600
3~ ,000
3,300
10,900
):..,400
12,300
7 ,-00
1,500
2 .oou
f>,700

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

- - - - ---

$:..UJ, ~:2 5 $J7:3 300 00

=-

00
00
00
00
00
00
00

$13,000
4,000
24,975
3,000
4,000
7,500
2,000
13,000
8,000
10,000
23 ,200
10,000
3,750
5,100
20,000
15 000
10,000
12, 500
2f> .OOO
2,700
9,000
9,900
10,000
7,000
1,000
25,000
4,600

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$:W3,2-5 00

II

1882.J

PUBLIC DOCUMENT-No. 8.

101

RAILROAD BONDS.

Estimated
Market Value.

Amount Invested.

$200,000 $254,000 00
50,000
62,000 00
53,500
59,000 00

$200,000 00
50,000 00
53,500 00

$303,500 $375,000 00

$303,500 00

Par Value.

Boston and Maine Railroad
Boston and Lowell Railroad
Eastern Railroad

.

.

102

[Jan.

BANK COl\1 HSSIONE RS' REPORT.

FAIRHAVEN INSTITUTION FOR SAVINGS-FAIRHAVEN.
Incorporated 1832. .Number of corporators, 52.
Treasurer, CHARLES DREW.
GEORGE H. TABER, P resident.

.

STATEMENT .

.ASSETS,

LIABILITIES,

I
Deposits
Earnings undivided
Guaranty fund .

$525,756 93
8,358 43
7,771 67

----

.

'l/ 3 ,500
17U,940
400
4, 09
7,512
101,776
84,550
83,452
20,000
10,:\20
10,625

Public funds
Bank stock
Loans on bank stock
Real estate (banking house),
Real estate
Real estate by foreclosure .
Loans on r eal e tate
Loans on personal security,
Deposit in bank on interest,
Oak Bluff bonds*
Cash on hand

. . .

54.1,887 03

$541,887 03

Loans on Bank Stock, amount. on each : On 3 shares National Bank of Commerce, Boston
On 5 shares National Bank, Fairhaven

$200 00
200 00

Cash on Deposit in Bank: National Bank, Fairhaven.

$30 540 81
4 09 36

Amount invested in real estate (for banking purposes)
Estimated value of the same
.A.mount of real estate held by foreclosure
Asses ed value of the same t
.A.mount of income received from the same
.A.mount of municipal tax on real estate •

4 09 36

101 776
5 233
1,216
43

Whole amount of interest or profits received or earned
•
Rate and amount of each semi-annual <livid nd for t 2 per cent . {
previou year .
.
.
.
.
.
.
. f 2 p r nt .
Time for th dividends fi xed by the by-laws: la t Monday in pril
and
tob r.
The total amount of loan , witll ach pecifi d rate of int r t:
,3pr nt; ·44000 5prcnt; 1057 .75,6prcnt;
6½
nt · ."'!) 33!) 7 I r nt.
f
nclin o- loan wh i h ar of an amount not
ah
55
1tr amount of th . am
t f inv tm.r nt fr m which n in om i r
iv d
r of oprn ac·c· u nL •
1;07
uml r r, ntl amonnL f d
it, r c>cc> iv tl f r prl'vi u
car
1 3
umlw r a nd a 111 ounL f cl po it. of ancl ex
tlin o- .;'3 0 at any
n

Li nw for thr pr vi ou. yr ar
\1 ithclntwal.

t1111hr r and amc unt of

• Tnk n to s cu r lndcbt dn 11 •

00
00
00
36
29
77
00
75
00
20
66

30
\) 14
nab I lo giv whole of as e

77
00
61
9

$49 15 16
11 47' 51
10 333 6

41,202 75
42 12 29

44, 30 11
l, ,922 72
172,2-1. ll7

d value . .

1882.]

103

PUBLIC DOCUMENT -No. 8.

Number of accounts op n d th previous year.
41
Numb r of accoun ts clo d th previou y ar .
315
.A.mount of exp nses of th corporation during previous year .
Amount of treasurer's bond
Date of examination by commissioner: Sept. 19.

$2,409 18
5,000 00

P UBL IC F UNDS ,

City and town bonds : City of Bath, Me.
of Belfast, Me.
Town of Fairhaven.

.

.

.
.
.

.
.

Par Value.

Estima ted
Market Value.

Amount Invested.

$5,000
6,500
27,000

$5,100 00
6,500 00
32,400 00

$5,000 00
6,500 00
27,000 00

$38,500

$44,000 00

$38,500 00

$24,640
14,092
9,380
5,400
10,234
19,312
11,700
12,025
7,959
10,710
7,312
12,800
10,480
12,525
13,012
11,500
5,912
4,810
3,858
20,700

$24,640
10,400
8,000
4,000
6,800
15,000
8,000
10,000
5,600
10,500
6,500
10,000
8,000
10,000
10,000
10,000
5,000
4,000
3,500
10,000

BANK STOCK.

Fairhaven N at'l Bank, Fairhaven
First N at'l Bank, New Bedford
Citizens' Nat 'l Bank, New Bedford.
Commerce Nat'l B' k, New Bedford,
Mechanics ' Nat'l B'k, New Bedford,
Commerce Nat' l Bank, Boston
Merchants' Nat'l Bank, Boston
Eliot N at'l Bank, Boston
.
North N at'l Bank, Boston
Traders' N at'l Bank, Boston
Webster N at'l Bank, Boston
.
.
Boston Nat'l Bank, Boston
Republic Nat'l Bank, Boston .
State Nat'l Bank, Boston
Howard Nat'l Bank, Boston
North America Nat'l Bank, Boston.
Contiriental N at'l Bank, Boston
Metropolitan N at'l Bank, Boston .
Manufacturers' N at'l Bank, Boston.
W achusett N at'l Bank, Fitchburg

.
.

.

.
.
.
.

.
.
.

. .
.

.
.

$24,640
10,400
8,000
4,000
6,800
15,000
8,000
10,000
5,600
10,500
6,500
10,000
8,000
10,000
10,000
10,000
5,000
4,000
3,500
10,000

00
00
00
00
00
50
00
00
00
00
50
00
00
00
50
00
50
00
75
00

$179,940 $228,363 75

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$179,940 00

104

[Jan.

BANK COMMISSIONERS' REPORT.

FALL RIVER FIVE CENTS SAVIN GS BANK - FALL RIVER.
Incorporated April 10, 1855. Number of corporators, 70.
WALTER

C.

DURFEE,

Treasurer,

President.

CHARLES

J.

HOLMES,

STATEMENT.

ASSETS.

LIABILITIES,

Deposits
.
.
Earnings undivided
Guaranty fund •

. . .
.
.

$1,065,515 44
38,579 71
18,362 58

Pn blic funds
Bank stock
. .
Railroad bonds
Real estate
Loans on real estate
L oans on personal security,
Expense account .
.
.
Border City Manufacturing
Company ~
Cash on hand

. .

. . .

$1,117,457 73

$100,000
200,900
70,000
45,000
426,750
247,641
1,353

20,200 00
5,612 32
$1,117,457 73

I

.A.mount invested in real estate (for banking purposes)
Estimated value of the same
.A.mount of municipal tax on real estate .

$45,000 00
45 000 00
845 50

Whole amount of interest or profits received or earned
$59 773
Rat~ a~d amount of each semi-annual dividend for } pe~ cent . i 23,113
pr evwus year .
.
.
.
.
•
.
. 24 pe1 cent . 1 23,128
Times for the dividends fixed by the by-laws: second Monday in
June and D ecember.
The total amount of loans, with each specified rate of interest:
$54,000, 4 per cent; $45,000, 4½ per cent; $421 ,375, 5 per cent;
$46,000, 5-½ per cent; $78, 175, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
89
Aggregate amount of the same .
• 109 050
Amount of investments from which no income is received
13192
umb r of open accounts •
4,605
Number and amount of depo its rec ived for previous year, 10 356 215 729
Number and a mount of deposits of and ex eeding $300 at any
on time fo r the pr vious year
. 149
9 90
2 060 209 76
N umb r and amount of withdrawal
u mb r of a ount op n d the l r viou y ar .
57
lo d th pr viou year .
• 499
m un t of
1
of th orpora tion during pr iou y ar .
3,663
m un t of
l
bo nd
20 00
Dat _ f xamina ti on by c mrni . i ner: .Jul y 21.

2f

*

Ta ke n to ccu rr incl bL d ncss.

00
00
00
00
00
63
78

64
16
49

00
70
91
00
68

46
00

105

PUBLIC DOCUMENT-No. 8.

1882.J

PUBLIC FUNDS,

Par Value.

United States 6s, currency

.

.

Estimated
IAmoont Inve,red,
Market Value.

$100,000 $134,000 00

$100,000 00

BANK STOCK.

.

Atlantic N at'l Bank, Boston
Atlas N at'l Bank, Boston
Blackstone Nat' l Bank, Boston
Boston Nat'l Bank, Boston
Broadway N at'l Bank, Boston.
Eliot Nat'l Bank, Boston
.
First N at'l Bank, Boston .
Howard N at'l Bank, Boston
Maverick Nat'l Bank, Boston .
Monument Nat'l Bank, Boston
City Nat'l Bank, Boston .
Commerce Nat'l Bank, Boston
Exchange Nat'l Bank, Boston.
Hide and Leather Nat' l B'k, Boston,
North America Nat'] Bank, Boston.
Revere Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston .
Webster Nat'l Bank, Boston
First Nat'l Bank, Chelsea
First Nat'l Bank, Malden
First Nat'l Bank, Oxford
Metacornet Nat'! Bank, Fall River
Union National Bank, Fall River
Second Nat'l Bank, Fall River

.

.
.
.
.

.

.

.
.
.
.

.

.
.
.

.
.
.
.

$1,300
3,000
l~,000
3,200
5,500
1,500
5,000
13,300
2,200 ·
8,500
10,000
700
4,000
7,500
8,400
7,500
6,700
3,000
30,000
10,000
2,000
9,400
5,000
41,200

$1,989
3,750
13,800
4,096
5,390
1.800
10,100
17,:290
5,500
17,765
12,700
903
5,760
8,7:37
9,660
9,150
8,542
3,330
37,500
12,000
2,240
11,750
5,750
47,380

00
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
50

00
00
00
00
00
00
00

$200,900 $257,183 00

$1,300
3,000
12,000
3,200
5,500
1,500
5,000
13,300
2,200
8,500
10,000
700
4,000
7,500
8,400
7,500
6,700
3,000
30,000
10,000
2,000
9,400
5,000
41,200

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

--

$200,900 00

RAILROAD BONDS.

• Rutland Railroad equipment •
14

$100,000

$85,000 00

$70,000 00

106

[Jan.

BANK COMMISSIONERS' REP ORT.

FALL RIVER SAVI~GS BANK - FALL RIVER.
Incorporated 1828. Number of corporator , 124.
J. B. FRENCH, P resident.
Treasurer, C. A. BA.s

ETT.

STATEMENT.

LI.1.13 ILITIES.

ASSETS.

I
Deposits
Earning. undivided
Guaranty fund .

.

.

$4,181,740 99
120,123 94
68,500 00

700,000
641,200
20,700
50,000
32 500
1,417,60
1,416,732
20,200
923
913
69,050
537

Public funds
Ba nk stock
Loans on bank stock
Real estate
Real estate by foreclosure .
Loans on r eal e tate
Loans on personal security ,
Depo it iri. banks on interest,
Expen e account .
Tax account .
.
Stocks and bond *
Cash on band

.

. .

-----

.

.

00
00
00
00
00
46
00
00
57
90
00
00

4,370,364: 93

4,370,364 93

Loans on Bank Stock, amount on each: On 200 shares Metacomet National Bank, F a ll River
On 10 shares Pocasset National Bank, Fall River •

•

Cash on D eposit in Banks, amount in each: :Metacomet National Bank, Fall River
Maverick National Bank, Boston
National B ank of North America , Bo ton
National B ank of Redemption Bo ton
R evere ational Bank, B oston •

$20 000 00
700 00

3 000 00

5 000
5,000
2 200
5,000

00
00
00
00

50,000 00
45 400 00
32 500 00

.Amount invested in r al e tate (for banking purposes)
E timat d value of. th ame
.Amount of r al tat h eld by for lo ure
.A
cl valu of th
.A
t of in om
fr m th a me
.Amount of municipal tax on r al tate .

,33

1 5 50
1 489 60

~249 4~6 9
Whol am unt of int r t or pr fit r
i d or arn d
Rat. a~1cl amo~t f a
mi-annual di id nd for }
p 1:
. j 9' 475 59
p1 v,on y ar .
.
.
•
.
.
24 p 1 nt
l 92 4 3 27
Tim f r Lhe clividmcl fix d by th b -law : fir t Ionday in pril

h

2t

and C'lobc> r-.
Tlw t tal amonnt f I an wiLh a h
$3:{2,600, 4 p r nL · -~·30 ,n50, 4½ p r

'220,026, 5t pc>r c·c>nL · S l 14,515.46
unilwr of ont Lancli11 ~ Joan " ·hi<-h
<'X<·c·Prling. ':3,000 raC' h
AggrPgalr amc uni f lhC' sam e .
umb r f 01 na· nnL
• Tnk n to

II

ifi d rat

nt.
f a n am nnt. n ot

269
355,633 00

55
urc lndcb t do e~.

107

PUBLIC DOCUMENT-No. 8.

1882.J

Numb r and amount of cl po its r eiv d for pr vious year, 4, 210 $408,736 49
Number and amount of cl po its of and xc cling. '300 at any
one tim for the pr vious year
• 478 289,343 54
Number and amount of withdrawal .
6, 721 788,744 23
Number of accounts opened the pr vious y ar .
1,198
Number of accounts closed the pr vious y ar .
1,455
10,280 98
.Amount of expenses of the corporation during previous year.
.Amount of treasurer ' s bond
25,000 00
Date of examination by commissioner: July 21.
PUBLIC FUNDS.

Estima ted
Ma rket Value.

Par Value.

United States 4is, registered
''
"
4s, registered

.
.

.

.

$450,000 $508,500 oo
250,000 290,000 00

I

$700,000 $798,500

oo

Amount Invested.

I

$450,000 oo
250,000 00

-----$700,000 00

BANK STOCK.

Fall River N at'l Bank, Fall River •

Metacomet N at'l Bank, Fall River .
Massasoit N at'l Bank, Fall River
Second Nat'l Bank, Fall River
Union Nat'l Bank, Fall River .
First Nat'l Bank, New Bedford
Commerce Nat'l Bank, New Bedford,
Merchants' Nat'l B'k, New Bedford,
Eliot ·Nat'l Bank, Boston
Faneuil Hall N at'l Bank, Boston
First Nat'l Bank, Boston
Howard N at'l Bank, Boston
Merchants' Nat'l Bank, Boston
Second Nat'l Bank, Boston .
Washington Nat'l Bank, Boston
Hide and Leather N at'l B'k, Boston,
Revere N at'l Bank, Boston
Commerce N at'l Bank, Boston
North .America Nat'l Bank, Boston.

.

.
.

.
.
.

.

.
.
.
.
.
.

$66,300
93,500
42,200
15,000
18,000
50,000
42,000
22,000
15,000
40,000
33,000
30,000
16,000
23,200
20,000
25,000
30,000
20,000
40,000

$89,505
116,875
75,960
17,250
20,700
67,500
57,540
35,200
18,000
53,600
68,310
39,000
2:3,3~0
35,032
28,000
29,000
36,600
25,600
46,000

- --

00
00

uo
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$641,200 $883,002 00
.

$66,300
93,500
42,200
15,000
18,000
50,000
42,000
22,000
15,000
40,000
33,000
30,000
16,000
23,200
20,000
25,000
30,000
20,000
40,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$641,200 00

108

THORNTON

BANK co:MMISSIONERS' REPORT.

[Jan.

FITCHBURG SAVINGS BANK- FITCHBURG.
Incorporated Feb. 12, 1846. Number of corporators, 61.
K. WARE, President.
Treasu1·er, CHARLES J.

BILLINGS.

STATEMENT.

LIABILITIES.

D eposits
.
E arnings undi vided
Guaranty fund .

.ASSETS.

$1,90n,625 97
36,012 85
38,500 00

Public funds
Bank stock
Loans on bank stock .
Railroad bonds
.
Real estate .
.
.
.
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
Deposit in banks on inter est,
E xpense account .
Cash on hand
.

$1,981,138 82

Loans on Bank Stock , amonnt on each: On 50 shares Fitchburg National Bank
On 57 shares Safety Fund National Bank .
Cash on D eposit in Banks, amount in each: Fitchburg National Bank •
SafeLy Fund National Bank
First National Bank, Leominster
T ownsend National Bank .
Westminster National Bank
Conway National Bank
Maverick National Bank
Shawmut National Bank
Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real e tate h ld by foreclosure
Assessed value of the same
Amount of incom r ceived from the same
Amount of municipal tax on r al e tate •

$ 135,222
215,810
9,500
2,700
150,000
81,340
752,516
433,333

50
00
00
00
00
00
00

10,000
183,843
396
6,476

00
82
62
88

00

$ 1,981,138 82

5,000 00
4,500 00
$50,000
15,000
20 000
55,000
20,000
15,000
12 26
1,017

00•
00
00
00
00
00
28
54

$150 000
150 000
81 340
69,225
5,173
3,331

00
00
00
00
60
65

• $113,317 74
Whole am unt of int re t or profits r ec iv d or earn d •
Rate a~d amount of ea h mi-annual <livid nd for } 2 p r cent
•. { 35 734 41
pr v1 u y ar .
.
.
.
.
.
2 p r c nt
36,4 7 16
Tim for th clivicl
·eel by
y-law : Jan. 1 and July 1.
Th tot,al amount
·
h s
· d r
int rest:
,017.154, 2½ p 1
7
3 p
t;
0, 3½ p r
t;
4
4½
nt;
700, 5 p r
(, j
,
t
j
.5 ,
· C
89,276, 6f
r nt,;
,
nt.
Numb r of ut, Landinrr loan which are of an amount not
• 255
exceeding 3,000 ach

1882.J

PUBLIC DOCUMENT-No. 8.

109

Aggr aate amount of the am •
• $, 32,150 54
Amount of investm nts from whi lt no in ome i re eiv d
52,300 00
Number of open ac ount .
5,316
Numb r and amount of d po it r c iv cl for previous year, 2,844 574,802 08
Number and amount of d po it of and x e<ling $300 at any
one time for the previous year
. 524 371,023 15
Number and aruotmt of withdrawals.
2,2 3 499,084 65
Number of accounts opened the previous year .
1,118
Number of accotmts closed the previous year •
• 936
Amount of expenses of t}i.e corporation during previous year .
4,364 88
Amount of treasurer's bond
25,000 00
Date of examination by commissioner: May 13.
PURLIC FUNDS.

Par Value.

Estimated
Market Value.

Amount Invested.

$63,000

$71,192 50

$63,000 00

$50,000
17,000
5,000
2,000
1,000

$58,500
22,100
5,750
2,060
1,030

$46,625
17,935
4,662
2,000
1,000

I

.

United States bonds

City and town bonds: City of .Fitchburg .
. of Norwich, Conn.
of Portland, Me. .
Town of Tolland,
.
of Sandisfield

.
.

.

.

.

.
.
. .

.
.

.

.

.

00
00
00
00
00

$138,000 $160,632 50

00
00
50
00
00

$135,222 50

BANK STOCK.

Fitchburg Nat'l Bank, Fitchburg .
Rollstone Nat' l Bank, Fitchburg
Safety Fund N at'l Bank, Fitchburg,
:First N at'l Bank, Leominster .
Townsend Nat'l Bank, Townsend .
Crocker Nat'l Bank, Turner's Falls,
City Nat'l Bank, Worcester
Quinsigamond Nat'l B'k, Worcester,
Merchants' Nat'l Bank, Boston
Howard Nat'l Bank, Boston
Boston Nat'l Bank, Boston
North Nat'l Bank, Boston
Revere N at'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
North America Nat'l Bank, Boston,
Commerce N at'l Bank, New Bedford,
Citizens' Nat'l Bank, New Bedford,

$13,500
11,300
17,000
20,000
500
20,000
10,000
3,000
20,000
15,000
13,300
11,600
15,000
10,000
6,600
10,000
10,000

$20,925
18,419
18,700
21,000
675
25,000
11,400
3,360
29,000
19,500
17,024
16,472
18,150
11,500
7,524
13,900
11,725

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$14,000
12,210
18,050
22,550
500
20,000
10,000
3,000
20,000
15,000
13,300
11,600
15,000
11,600
6,600
12,400
10,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

----- ------ -----$206,800 $264,274 00

$215,810 00

RAILROAD BONDS.

Agricultural Branch Railroad .

$3,000

$3,030 00

$2,700 00

110

BANK COM IISSIONERS' REPORT.

[Jan.

FLORENCE SAVINGS BA.NK - FLORENCE.
Incorporated 1873. Number of corporators, 39.
A. T.

LILLY,

President.

Treasurer, M. W.

BOND.

STATEMENT.

ASSETS.

LLUIILITIES.

Deposits
.
•
Earnings undivided
Guaranty fund .

$128,496 83
1,272 36
1,308 30

Real estate by foreclosure .
.
Loans on real estate .
Loans on personal security,*
Deposit in bank on interest,
Expen e account .
Cash on hand

$131,077 49

Cash on Deposit in Bank: Hampshire County National Bank

$1,713
63,736
52.2 2
12;209
63
1,072

64
20
00
84
56

25

$131,077 49

$12 209 84

Amount of real estate held by foreclosure
A ses, ed value of the same
Amount of income received from the same
Amount of municip~l tax on real estate •

1 713
2,600
10
11

Whole amount of interest or profits received or earned
Rate a~d amount of each semi-annual dividend for} 2 per cent
•• {
prev10us year •
•
.
.
.
.
.
2 per cent
Times for the dividends fixed by the by-laws: second Tuesday in
April and October.
Average annual per cent of diviuends for the term ending at time
of and including last extra dividend: 6½ per cent.
The total amount of loans, with each specified rate of interest:
$15,000, 5 per cent; $101,018.20, 6 per cent.
Number of outstanding loans which are of an amount not
exceedino- $3,000 each
103
A,a gregate amount of the same .
Number of open accounts •
7 0
Number and amount of depo its received for previous year
997
Number and amount of depo ·it of and exceeding 300 at any
one time for the previou year
23
Nnmber ancl amomit of witbdr,nvals
342
Numb r of account open d the pr viou year .
• 16
Numb r of a count clo cl th pr vion y ar .
104
Amount, ( expen
of th corporation clurin(J' previou y ar
Amount of tr ,a ur r bonu
Dat of xamination by mmi i n r: .July 12.

6,646 44
2 0 9 66
2 314 76

• 1'!Jle bank haMbeen n otlfl •d that tb e e Joane xceed tb e I gal limit.

64
00
32
67

6 518 20
51,4

34

15 ~7 14
30 607 52

79 (37
10 000 00

1882.J

CHARLES

111

PUBLIC DOCUMENT-No. 8.
FOXBOROUGH SAV INGS BANK * - FOXBOROUGH.
Incorporated April 1855.
umber of corpora t or , 60.
W. HODGES, P1·esident.
TreasU?·er, ELI

PHE LPS.

STATEMENT.

LIABILITIES,

ASSETS,

I
Deposits
.
.
Earnings undivi<led •
Guaranty fund .

.

$134,425 17
2,191 54
1,800 00

.

Public funds
Bank stock
R eal estate by foreclosure .
Loans on real estate
Loans on personal security,
Deposit in bank on interest,
Cash on hand

.

. .

$138,416 71

$4,000
10,150
15,600
74,585
6,505
26,955
621

00
00
00
00
29
12
30

$138,416 71

Cash on Deposit in Bank: Merchandise National Bank, Boston.

$26,955 12

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income r,eceived from the same
Amount of municipal tax on real estate •

$15,600
17,360
1,284
303

Whole amount of interest or profits received or earned
Times for the dividends fixed by the by-laws: May and November.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 6-½ per cent.
The total amount of loans, with each specified rate of interest:
$67,210.29, 6 per cent; $1,500, 6½ per cent; $12,380, 7 per cent.
Number of outstanding loans which are of an amouni not
exceeding $3,000 each
• 115
Aggregate amount of the same .
Amount of investments from which no income is received
Number of open accounts .
838
Number and amount of withdrawals
1
Number of accounts closed the previous year
1
Amount of expenses of the corporation during previous year.
Amount of treasurer's bond
Date of examination by commissioner: Dec. 3.

00
00
95
32

$6,856 78

73,590 29
2,044 15
100 00
497 18
13,000 00

* An order regulating the payments of deposits for one year, limiting them to an amount not
exceeding ten per cent each six months, was issued April 30, 1878, and extended for one year,
April 30, 1879, to pay ten per cent of remainder of deposits each six months. This order was so
modified April 30, 1880, that from this date until March 21, 1881, the bank was restricted from
making any payments to depositors, except those due under the previous orders. The bank
was temporarily enjoined by order of the Supreme Judicial Court, March 18, 1881.

112

BANK COMMISSIONERS' REPORT.

[Jan.

P U BLIC FUNDS.

Par Value.

City of Boston 5s of 1883

.

.

$4,000

Estima ted
Market V alue.

$4,070 00

Amount Invested.

I

$4,000 00

BANK STOCK.

.
.
.

Boylston Nat'l Bank, Boston .
.
Webster Nat'l Bank, Boston .
Faneuil Hall N at'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Merchandise N at'l Bank, Boston
Wrentham Nat'l Bank, Wrentham.

$1,500
1,000
800
1,500
5,000
350
$10,150

$1,825
1,120
1,048
1,755
5,500
350

00
00
00
00
00
00

$11,598 00

$1,500
1,000
800
1,500
5,000
350

00
00
00
00
00
00

$10,150 00

1882.J

L.

F .

PUBLIC DOCUMENT-No. 8.

113

FRAMINGHAM SAVINGS BANK - FRAMINGHAM.
Incorporated 1846. Number of corporators, 40.
FULLER, President.
Treasure1·, C. S.

ADAMS,

STATEMENT ,

L IABILITIES,

Deposits
E arni ngs undivided
Guaranty fund •

ASSET S.

I

91
. $1,247,801
51,792 19

.

16,600 00

.
. ..

Public fu nds
Loans on pu blic funds
Bank stock .
.
Loans on bank stock •
Loans on bank books .
Railroad bo nds
L oans on railroad bonds
Real estate by fo reclos ure .
Loans on real estat e
Loans on personal sec urity,
D eposit in banks on interest,
Expense account .
Premium account
.
Safe, vault, etc .
.
Cash on hand a nd in bauk,

$ 153,500
500
164,800
42,429
400
43,000
3, 000
16,200
711,227
86,901
45,000
3,610
13,326
2,000
30,300

.

I

... .

$1,316,194 10

00
00
00
00
00
00
00
00
00
08
00
11
00
00
91

$1,316,194 10

Loans on Public Funds : On $500 United States 4s •

$500 00

Loans on Bank Stock, amount on each: On 79 shares F ramingh am National Bank
On 120 shares Natick National Bank and 100 shares Spencer National Bank
On 100 shares Boston National Bank and 104 sh ar es National Bank
of Redemption •
On 6 shares Waltham National Bank
On Framingham Savings Bank book
On Natick Savings Bank book *
Loans on Railroad Bonds : On $3,000 Agricultural Railroad ,

$6,829 00
20,000 00
15,000
600
100
300

00
00
00
00

$3,000 00

Cash on Deposit in Banks, amount in each:Framingham National Bank
South Framingh am National Bank •
Boston Safe Deposit and Trust Company t

$17,996 68
21,213 00
25,045 61

.A.mount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax: on real estate •

$16,200
17,600
1,788
387

Whole amount of interest or profits received or earned

* This bank bas been notified that this loan is illegal.
t The Attorney-General has given an opinion that, und er

•

00
00
98
72

$74,889 36

the provisions of sect. 3, chap . 214
of the Acts of 1881, deposits by savings banks in this trust company are legal.

15

114

BANK COM~fISSIONERS' REPORT.

[Jan.

Rate a~d amount of each S6mi-annual dividend for } 2-½- per cent . ~ 2 ,920
prev10us year •
.
•
.
.
.
•
2-½- per cent . 1 27, 81
Times for the dividends fixed by the by-laws: first aturday in
May and November.
The total amount of loans, with each specified rate of interest:
$48,700, 4 per cent· $795,257.08, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
535
608,977
Aggregate amount of the same .
Amount of investments from which no income is received
6,500
Number of open accounts •
4,823
Number and amount of deposits received for previous year, 1 860 238,510
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 239 147,023
Number and amount of withdrawals
1,263 170,151
Number of accounts opened the previous year.
824
Number of accounts closed the previous year .
319
Amount of expenses of the corporation during previous year
3 610
Amount of treasurer's bond
.20,000
Date of examina~ion by commissioner: May 16.

57
08

57
00

57
09
58

11
00

PUBLIC FUNDS.

Par Value.

Estimitted
Marl<et Value.

Amount Im•ested.

United States bonds

$14,500

$16_,400 00

.$14,500 00

State and city bonds: State of Maine
.
•
City of Boston
.
.
of Providence, R. I. .
of vVorcester
of Norwalk, Conn. .
of Lewiston, Me. .

$21,000
24,000
30,000
25,000
30,000
9,000

$22,300
26,400
35,300
27,500
32,400
11,300

$21,000
24 000
30 000
25 000
30,000
9,000

00
00
00
00
00
00

$153,500 $171,600 00

00
00
00
00
00
00

$153,500 00

BANK STOCK.

Atl as Nat'l Bank, Boston
Bo, ton }fat'l Bank Bo ton
Black. tone NaL'l Bank, Bo ton
Comm rce T at'l Bank, Bo ton
Central .r at'l Bank, Bo ton
Continental at' l Bank, Boston
,Eliot Nat'l Bank, Bo t n
Framingham N'l B'k, Framingham,
First Tat l Bank, B ston
.
.
Freeman' Nat'l Ba,nk, Boston
Globe Nat'l Bank, B t n
.
Hide and Leath r at' l B'k, Boston .
Howard N at'l B::ink, Bo ton

$600
3,300
1,900
11 ,900
10,000
10,000
l 5,500
~,000
16,500
3,000
1,50
18,000
13,600

$875
3, 00
2 100
15,400
10,000
11, 00
1 ,200
3,000
34,100
3,700
1,650

00
00
00
00
00
00
00
00
00
00
00

21,r.;00 00

17,500 00

$600
3,300
1,900
11 ,900
10 0 0
10,000
15,500
2,000
16,500
3,000

00
00
00
00
0

00
00
00
00
00

1,fi00 00
1 ,000 00
13,G00 00

1882.]

115

PUBLIC DOCUMENT-No. 8.
BANK

STOCK -

Concluded.
Pa r Value.

North America N at'l Bank, Boston.
Market Nat'l Bank, Boston
Mount Vernon N at'l Bank, Boston .
Nat'l Bank of the Republic, Boston,
Shoe and Leather Nat'l B'k, Boston,
.
Second Nat'l Bank, Boston
Traders' Nat'l Bank, Boston
Webster N at'l Bank, Boston
S. Framingham N'l B'k, S. Fra'ham,

.

.
.

.

.

.
.

$1,000
3,000
8,500
9,000
5,000
3,000
11,000 .
6,500
10,000

Estimated.
Market Value.

$1 ,150
3,250
10,600
11 ,250
5,850
4,850
11,450
7,200
10,150

00
00
00
00
00
00
00
00
00

$164,800 $209,375 00

Amount Invested.

$1,000
3,000
8,500
9,000
5,000
3,000
11,000
6,500
10,000

- --

00
00
00
00
00
00
00
00
00

$164,800 00

RAILROAD BONDS.

Fitchburg Railroad .
.
Salem and Lowell Railroad
.
Lowell Railroad

.

'

.

.
.

.
.
.

$20,000
20,000
3,000

$22,400 00
23,000 00
3,200 00

$20,000 00
20,000 00
3,000 00

$43,000

$48,600 00

$43,000 00

116

[Jan.

BANK COMMISSIONERS' REPORT.

FRANKLIN SAVINGS BANK-BO TON.
Incorporated March, 1861. Number of corporators, 78.
Tl'easurer, HENRY WHITTEMORE.
OsMYN BREWSTER, P1·esident.
STA TEJ\IENT.

LI.U!ILITIES,

Deposits
.
.
Earnings undivided
Guaranty fund .

$3,048,412 82
143,370 36
36,3m 57

ASSETS,

Public funds
.
.
L oans on public funds
Bank stock .
.
.
.
Real estate by foreclosure .
L oans on real estate .
.
Loans on personal security,
Loans to counties, citie ·, or
towns.
.
.
.
.
Deposit in banks on interest,
Expense account.
Cash on hand

$255,021
24,650
79,617
297,967
1,978,997
316,575

87
00
83
53
76
00

216,975
44,849
3,4fi5
9,983

00
08
18
50

$3,228,102 75

$3,228,102 75

Loans on Public Funds, amount on each: On $2,000 United States 6s, currency
On $14,050 United States 4s
On $8,600 United States 4ts

$2,000 00
14 050 00
8,600 00

Cash on Deposit in Banks, amount in each: Continental National Band
Revere National B ank

•

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipa l tax on real estate •

• $297 967
295, '00
16,102
4,909

53
00
72
20

Whole amount of interest or profits received or earned
$159,315
Rate and amount of each semi-annual dividend for l 2 per cent . { -- , 52
previou year .
. ! 2 per cent •
57,602
Time for the divi<lends fixed by the by-laws : Feb. 1 a nd ug. 1.
A verarre annu al per cent of dividend f r the term end ing at time
of and inclu<ling la t extra di iclend: -%per cent.
The total amount of loans, with each specified rate of interest :
$200,0 0, 3¼ per cent; , ·50 000, 3½ per cent; $5 1 Q:')0, 4 p r cent;
, '150,000 4¼ per nt · $115,000, 4½per cent; $609,760, 5 p r cent$9:3 00, 5½ per c nL; $ 35,:312.76, 6 per cont; $ 127, 7 0, 6½ p r cent;
$69, 50, 7 per c nt; $17 100, 7t p r c nt.
Number of ont:-landinrr loan whi h are of an amount n t
exc etlinrr $3 000 ac h
67
Agrrr rrat amount of LIi "am
1 l,, 21
Amount f in sLm nt from which no incom i r c iv d
30,4 5
Numb r of p n a ounL:s .
7, 13
Numb rand amount f ll p iL r
iY d f r Ir v io11s year
),075 65 9
Numb rand amo unt of dc po it. f a.nd x
dinrr $:300 a,L any
on time for Lbe pr viou y •,ir
539 306,949

'6
16
67

$34 164 54
10,6 4 5-!

40
50

05
3

117

PUBLIC DOCUMENT-No. 8.

1882.J

4,862 $513,350 21
Number and amoun t of w ithdrawals
Number of accou n t s opened the prev ious year.
1,130
Number of accou nts closed the previous year •
954
12,428 32
A mount of expenses of th e corporation during previous year.
10,000 00
Amount of treasurer's bond
Dat e of examination by commissioner : Feb. 19.

PUBLIC FUNDS.

I

I
United States 4s
"
" 4½s

. .. .. ..

.

P ar Value.

Estimated
Market Value.

Amount Invested.

$20 ,000
225,000

$23,250 00
254,250 00

$18,193 75
236,828 12

$245,000 $277,500 00

$255,021 87

BANK STOCK.

Continental Nat'l Bank, Boston
Revere Nat'l Bank, Boston
Webster N at'l Bank r Boston
New England N at'l Bank, Boston
Atlas Nat'l Bank, Boston
.
Second N at'l Bank, Boston .
North Nat'l Bank, Boston
.
Third N at'l Bank, Springfield

.
.

.
.
.
.
.
.
.
.

$23,500
19,900
3,100
4,000
5,500
5,500
14,600
5,000

$27,876
24,178
4,394
5,940
6,875
8,332
20,768
8,000

87
50
25
00
00
50
50
00

$81,100 $106,365 62

...

$22,237
20,114
2,905
4,170
5,520
5,602
14,067
5,000

75
38
75
00
00
95
00
00

$79,617 83

118

SAMUEL

[Jan.

BANK COMMISSIONERS' REPORT.
FRANKLIN SAVIN GS INSTITUTION - GREENFIELD.
Incorporated 1834. Number of corporators, 20.
Treas'Ure1·, WILLIAM H.
0 . LAMB, President.

ALLEN.

STATEMENT,

LIABILITIES,

Deposits
.
.
Earnings undivided
Guaranty fund •

.ASSETS.

$ 2,779,434 00
24,213 03
28,000 00

$1,2!13,!100 00
Publi c fund s
69,530 00
Bank stock .
.
39,120 00
L oans on bank stock
182,500 00
Railroad bond~ .
.
.
9,773 28
Real estate by foreclosure .
.
625.210 19
L oans on real estate .
302,755 51
Loans on personal security,
I Loans to counties, cities, or
180,823 05
towns.
.
.
.
.
119,951 63
D eposit in banks on interest,
619 67
E xpense account.
Premium account
5,000 00
310 00
Interest unpaid
2,153 70
Cash on hand

$ 2,831,647 03

$2,831,647 03

Loans on Bank Stock, amount on each: On 62 shar es First National Bank, Northa mpton
On 10 shares City National Bank, Worcester •
On 10 shares Crocker National B ank, Turner's F alls
On 21 shar es City N ational Bank, Worcester
On 28 shares Ware National Bank, Ware .
On 6 shares Shelburne F a lls N ational Bank
On 14 bares Franklin County National Bank, Greenfield
On 24 shares First National Bank, Greenfield .
On 10 shares Packard National Bank, Greenfield
On 70 shares Railroad National Bank, L owell .
On 50 hares National Bank of Redemption, Boston
On 50 share Railroad National Bank, Lowell .
On 54 hares Franklin County N a tional Bank, Greenfield
Cash on Dcpo it in Bank , amount in each:_;_
Ilide and L atber National Bank, Bo ton.
First National Bank, Gr nfi Id
Franklin County National Bank Gr enfield
Pa ·kard ational Bank, r nfi Id .

5,500 00
800 00
1,000 00

.}

4,900 00
600
520
2,700
700
7,000

:}

00
00
00
00
00

10,000 00
5 400 00

.

$29, 54 13
53,097 50
20 000 00
17 000

Amount of real tat h !cl by for clo ure
A s s d valu f the ame
Amount f incomer c i cl from th ame
taLe .

$0,773
9, 2G
Gl7
3

"\Vh l amount of int r Lor profit r c iv d r arn ct
lat and am unt f a h emi-annual diYicl nd f r t 2 p r c .n t
pr vic>11 . Par .
.
. l 2 p 1· nt
Tim for th clivicl nd fix cl by th by-J;tw : ,Jan. l and July J.
v ra"'c a nnu al p r nt f divitl nu f r th L rm nding at time
of and including 1 L xtra divicl nd: 7 per c ut.

:{

2
00
16
61

115;; 7:1{i 0
54,094 7
54 5..,7

PUBLIC DOCUMENT - No. 8.

1882.J

119

i"h e total amoun t of loan , w ith each specifi d rate of inter est:
$17,000, 4 per cen t; $230, 23.05, 4½ per cent; $900,085.70, 5 per
cent.
Nu mber of outstanding loans which are of a n amo un t n ot
510
exceeding $3,000 each
$434,693 00
Aggregate amoun t of tli e same .
835 35
Amount of investments from wh ich no income is received
Number of open accounts .
6,865
Num ber and amount of deposits received fo r previous year, 3,163 250,237 01
Number and amount of deposits of and exceeding $300 at any
one tim e for the previous year
• 202 103,771 24
Num ber and amount of withdrawals
2,962 337,~53 13
Number of accounts opened the previous year
• 734
Number of accounts closed the previous year .
669
Amount of expenses of the corporation duri ng previous year
4,8-"'9 99
Amount of treas urer 's bond
50,000 00
Date of examination by commissioner: Aug. 10.
PUBLIC FUNDS.

E stima ted
:Market Value.

Amount Invested.

$245,000 $255,650 00

$245,000 00

$75,000
18,000
44,000
30,000
13,000
35,000
72,000
10,000
75,000
80,000
46,000
5,000
70,000
28,000
125,000
1,000
25,000
60,000
5,000
20,000
101,400
25,000
50,000
12,500
10,000
13,000

$75,000 00
18,000 00
44,000 00
30,000 00
13,000 00
35,000 00
72 ,000 00
10,000 00
751000 00
80,000 00
46,000 00
5,000 00
70,000 00
28,000 00
125,000 00
1,000 00
25,000 00
60 ,000 00
5,000 00
20,000 00
101,400 00
25,000 00
50,000 00
12,500 00
10,000 00
13,000 00

Pa r Va lue.

U nited Stat es bonds

'

.

City and town bonds : .
City of Nashua, N.H.
of Worcester
of Springfield
of Lawrence .
.
of Fitchbw·g .
of Somerville
. of Boston
.
of Lynn
of Cambridge .
.
of Holyoke
.
of Lowell
.
of Portland, Me.
of Fall River
of Brockton .
of Providence, R.I. .
of Taunton
Town of Ad a ms
.
of Malden
.
of ~tockbridge
of Hyde Par_k
of Brookline .
.
of Everett
.
of Amherst
of Greenfield .
.•
of- Gill
of Chicopee

.
.

.
.
.

.

.

.
.
.

.
.
.
.

.
.
.
.

.
.

.

. .

.

.
.

.
.

.

.

. .
.

.

.
.

.

.
.
.
.
.

.

.
.
.
.
.
.
.

.
.
.
.

.

.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.

-----

$96,750 00
21,495 00
56,402 00
38,500 00
15,340 00
37,639 00
88,930 00
12,400 00
85,580 00
92,718 00
53,360 00
5,625 00
77,215 00
32,618 00
158,917 00
1,250 00
30,250 00
72,650 00
5,250 00
20,136 00
121,067 00
29,750 00
60,166 00
13,479 00
10,7(;l6 00
13,000 00

$1 ,293,900 $1,506,903 00 $1,293,900 00
"

120

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.

Par Value.

.

First N at'l Bank, Greenfield
.
.
First Nat ' l Bank, "'ortbampton
Commerce Nat'l Bank, Boston
F aneuil H all N at'l Bank, Boston .
North America Nat'l Bank, Boston,
.
Revere Nat'l Bank , Boston
Traders' Nat' l Bank, Boston
1V ebster N at'l Bank, Boston .
Adams N at'l Bank, North Adams
Pittsfield N at'l Bank, Pittsfield

.

.

..
.
.
.

$9,800
4,900
15,300
500
8,700
12,500
1,500
10,200
1,000
3,000
$67,400

Estim a ted
!Amount Invested.
Market Value.

$17,640
6, 125
19,698
653
10,005
15,250
1,530
11 ,373
1,450
4,680

00
00
00
00
00
00
00

co
00
00

- ---- -

$9,800
4,900
15,300
500
8,700
12,500
1,500
10,200
1,450
4,680

00
00
00
00
00
00
00
00
00
00

$88,404 00

$69,530 00

$50,000
62,962
32,300
66,500

$50,000
57,500
25,000
50,000

RAILROAD BONDS.

Connecticut River Railroad
Eastern Railroad
Boston and Albany Railroad .
.
Vermont and Massachusetts Railroad,

$50,000
57 ,500
25,000
50,000

00
00
00
00

$182,500 $211,762 00

00
00
00
00

$182,500 00

1882.]

121

PUBLIC DOCUMENT- No. 8.

JOHN EDGELL,

GARDNER SAVINGS BANK-GARDNER.
Incorporated 1868 . . Number of corporators, 81.
Treasurer, JOHN D.
President.

EDGELL.

STATEMENT.

LIABILITIES.

Depo its
.
.
Earnin_g. undivided •
Guaranty fund .
Intere t account .

ASSETS,

$677,715
1,381
10,756
3,368

~1
52
4!1

75

Public fnnds
Bank stock .
.
Loans on bank stock
Railroad bonds .
.
.
Real e tate l>y foreclosure .
Loa ns on real estate .
.
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Expense account.
Cash on band

$ 693,222 67

$ 18,450
102,577
23,600
24,HOO
3,WU
306,471
69,910

00
50
00
00
29
97
48

8n,040
50,000
154
8,119

00
00
12
31

$693,222 67

Loans on Bank Stock, amount on eacb: On 223 shares First National Bank, Gardner •
On 40 shares First National Bank, Winchendon

$21,600 00
2,000 00

Cash on Deposit in Ban ks, amount in each: Maveri ck National Bank, Boston
National Bank of the Commonwealth, Boston.
Pacific National Bank, Boston .
Westminster National Bank, Westminster

$2!5,000
15,000
5,000
5,000

00
00
00
00

$3,299
3,000
96
39

29
00
00
14

Whole amount of interest or profits received or earned
$33,944
Rate and amount of each semi-annual dividend for } 2 per cent •· 5 12,189
previous year .
.
•
.
.
.
•
2 per cent
1 12,528
Times for the dividends fixed by the by-laws: Jan. 1 and July 1.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4 per cent.
The total amount of loans, with each specified rate of interest:
$50,000, 4 per cent ; $28,520, 4-½ per cent; $8,000, 5 per cent;
$399,502.45, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 429
Aggregate amount of the same .
288,514
Amount of investments from which no income is received
600
Number of open accounts .
2,237
Number and amount of deposits received for previous year, 5,733 151,966
Number and aniount of deposits of and exceeding $300 at any
one time for the previous year
• 102
42,343
Number and amount of withdrawals
912 107,!J41
Number of accounts opened the previous year.
• 342
Number of accounts closed th~ previous year •
• 163

98
07
44

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

16

47
00
32
27
58

122

BANK COMl\1ISSIONERS' REPORT.

Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: June 23.

[Jan.
Sl 645 11
20,000 00

PUBLIC FUNDS.

Par Value.

United States 6s, 1881, continued
"
" 4s, 1907 .
"
" 4½s, 1891

.

Bath, Me., municipal 6s .

.
.

$15,600
1,100
750
$1,000
$18,450

I :Market
E tima ted
IAmount Invested.
Va lue.
$15,756 00
1,276 00
847 50

$15,600 00
1,100 00
750 00

$1,050 00

$1,000 00

$18,929 50

$18,450 00

------ ------

BANK S TOCK.

Mechanics' N at'l Bank, Worcester .
Citizens' Nat'l Bank, ·worcester
First Nat'l Bank, Gardner
.
Orange N at'l Bank, Orange .
Crocker Nat' l Bank, Turner's Falls,
Rollstone Nat' l Bank , Fitchburg .
.
}'irst Nat'l Bank, Ashburnham
Metropolitan Nat'l Bank, Boston
Central Nat'l Bank, Boston
Howard Nat' l Bank, Boi:;ton
.
Boston N at'l Bank, Boston
.
Continental Nat'l Bank, Boston
Merchandise N at'l Bank, Boston
State Nat'l Bank, Boston
Hide and Leather N at'l B'k, Boston,
Eagle Nat' l Bank, Boston
Commonwealth Nat'l Bank, Boston,
Republic N at' l Bank, Boston .
Exchange N at'l Bank, Boston .
New 1ingland Nat'} Bank:, Boston
Mecha11ics' Nat' ] Bank, Boston
.
Merchauts' Nat'l Bank, Boston
Blackstone N at'l Brink, Boston
Everett N at'l Bank, Bo ton
Eliot -' at'l Bank, Bo ton
.
Shoe and Leather Nat'l B'k, Boston,

.

.
.

.
.
.
.

.
.
.

.

.

$5,000
2,000
6,700
10,000
10,000
1,200
2,000
400
1,000
2,500
12,500
1,500
5,000
5,000
5,000
1,100
5,000
5,000
1, 600
500
1,500
2,000
5,000
500
5,000
2,500

$5,750
2,120
8,110
11,000
10,700
1,920
2,077
500
1,200
3,250
16 ,375
1,815
5,600
6,350
6,000
1,320
6,500
6.550
2,368
660
1,800
3,000
5,850
585
6,000
2,900

00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$5,250
2,000
7,070
10,000
10,000
1,800
2,077
400
1,000
2,500
12,500
1,500
5,000
5.150
5,000
1,155
5,150
5,150
1 840
535
1.575
2,100
5,150
500
5.250
2,6:25

00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
OU
00

- - ------

$99,500 $120 900 50

10-,577 50

RAILROAD BOND •

130. ton and A1bany 7
Ho. ton and Main 7s
V 'r 1n nt and Mass,Lchu tt 6 ·
Boston aud LovY 11 5 ·

$ 000

'\00
l,GOO
10,000

$10,000
G,2:"50
1 606
10, h00

00
00
00
00

$ ,000 00

f,000 00
1,600 00
10,000 00

1----- - - - - - - - - - - - $24,600

$-8, 4.6 00

$24,600 00

123

P UBLIC DOCUMENT - No. 8.

1882.J

GEORGETOWN SA VINGS BANK - GEORGETOWN.
I ncorporated 1868. Number of corporators, 64.
J EREMIAH

P.

J o.NES,

Treasurer,

P1·esiclent.

ORLANDO

B.

T ENNEY.

STATEMENT.

LI ABILITIES.

. .

D eposits
E arnings undi vided
Guaranty fund .

A SSETS.

I
$198,486 25
1,261 1)7
2,700 00

..

Public fun ds
Bank s Lock .
.
.
Re al estate by for eclosure .
L oans on r eal estate
Loans on persona l seen ri t y,
Deposit in banks on interest ,
Interest d ne .
Cash on h and

. .

$202,448 22

$19, 300
lfi,300
7,240
131,414
18,1 49

00
00
57
!)5
00

o,HIO 54

ms 84
-----

Cash on Deposit in Banks, amount in each : Blackstone National Bank, Boston
Georgetown National Bank, Georgetown •
Amount of real estate held by foreclosure
A ssessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •
Whole amount of interest or profits received or earned
Rate and amount of each semi- annual dividend for }. 2½ per cent • {
previous year .
.
.
.
•
•
.
2 per cent .
Times for the dividends fi xed by the by-laws: third Wednesday
in April and October. ·
·
'.rhe t otal amount of loans, with each specified rate of interest:
$5,000, 5 per cent; $51,764, 6 per cent ; $3,200, 6½ per cent;
$71,450.95, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
180
A ggregate amount of the same
Number of open accounts •
• 670
Number and amount of deposits received for previous year • 389
Number and amount of deposits of and ex ceeding $300 at any
one time for the previous year
27
Number and amount of withdrawals
272
Number of accounts opened the previous year.
79
Number of accounts closed the previous year •
47
.Amount of expenses of the corporation during previous year
Amount of treasurer's bond
D ate of ex amination by commissioner : May 4.

2,8i4 32

$202,448 22

$6,rno 54
2,440 27
$7,240 57
7,300 00
817 83

95 41
$11 ,281 52
4,:352 89
3,702 86

114,543 95
34,961 61
16,423 13
20,111 74

400 · 00
10,000 00

124

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

Par Value.

City and town bonds: City of Bath, Me., 6s
of Bangor, Me , 5s .
of Bangor, Me., 7s
of Portland, Me., 6s
of Belfast, Me ., 6s
of Rockland, Me., 6s
Town of Melrose 7s

.

.

.

.
.
.
.

.
.

.
.
.

$2,500
2,000
2,000
1,500
6,000
3,000
2,000
$19,000

Estimated
Market Value.

$2,550
2,100
2,200
1, 650
6,240
3,060
2,500

00
00
00
00
00
00
00

$20,300 00

Amount Invested.

$2 500
2,000
2,000
1,500
6,000
3,000
2,300

00
00
00
00
00
00
00

-----$19,300 00

BANK STOCK.

Georgetown Nat'l B'k, Georgetown.
Columbian Nat'l Bank, Boston
Market Nat'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,
State N at'l Bank, Boston
.

.

.

.
.

$8,000
1,300
1,000
3,000
3,000
$16,300

$8,000
1,820
1,100
3,100
3,600

00
00
00
00
00

$17,620 00

$8,000
1,300
1,000
3,000
3,000

00
00
00
00
00

$16,300 00

125

1882.]

PUBLIC DOCUMENT-No. 8.

GEqRGE

GRAFTON SAVINGS BANK - GRAFTON.
Incorporated March 13, 1869. Number of corporators, 50.
Tl'easurer, HENRY F.
K. NroH OLS, President.

WING.

STATEMENT .

ASSETS,

LIABILITIES,

Deposits
Earnings undivided
Guaranty fund •

. .. .

Public funds
Bank stock
Loans on re al estate
Loa ns on personal security,
Loa ns to counties, cities, or
towns.
Cash on hand

$160,660 24
8,307 08
2,000 00

$20,834
38,648
50,980
37,730

. .. . -

- - -- $170,967 32

37
49
00
14

20,000 00
2,774 32

- -

$ 170,967 32

Cash on Deposit in Bank: Grafton National Bank

$2,774 32

Whole amount o:{ interest or profits received or earned
Rate a~d amount of each semi-annual dividend for} 2 per cent
. j
prev10us year . , .
.
.
•
•
.
2 per cent
1
Times for the dividends fixed by the by-laws: January and July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4 per cent.
The total amount of loans, with each specified rate of interest:
$13,335, 4 per cent; $5,000, 4½ per cent; $24,005.14, 5 per cent;
$30,590, 6 per cent; $31,380, 6½ per cent; $4,400, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
62
Aggregate amount of the same .
Number of open accounts •
561
Number and amount ~f deposits received for previous year • 343
Number and amount of deposits of and exceeding $300 at any
one time for the -previous year
•
27
Number and amount of withdrawals
• 212
Number of accounts opened the previous year.
92
Number of accounts closed the previous year •
48
Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: May 19.

$8,524 13
2,824 40
3,010 00

69,063 04
29,864 01
12,033 80
15,004 60

100 00
10,000 00

PUBLIC FUNDS,

Estimated
Market Value.

Amount Invested.

$15,000
5,000

$16,950 00
5,100 00

$15,634 37
5,200 00

$20,000

$22,050 00

$20,834 37

Par Value.

United States 4½s, 1891 •
.
.
"
"
5s 1881 3.1s contin'd
'

'

2

.

'

126

BA K COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.

Pa r Value.

.
.
.
.

Redemption N at ' l Bank, Boston
R evere Nat'l Bank, Boston
State Nat' l Bank, Boston
Sh awmut Nat'l Bank, Boston •
.
"\V-ebster Nat'l Ba nk, Boston
.
Howard Nat'l Bank, Boston
North Nat'l Bank , Boston
Market Nat'l Bank, Boston
Traders' N at'l Bank, Boston
Maverick Nat'l Bank, Boston .
Massachusetts N at'l Bank, Boston
City Nat'l Bank, Boston .
.
North America Nat'l Bank, Boston.
Eliot N at'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,
Fourth N at'l Bank, Boston
Spencer Nat'l Bank, Spencer
First Nat'l Bank, Grafton
Grafton N at'l Bank, Grafton .

.
.
.
.
.
.
.

.
.

.

.
.

.
.
.
.

$3,000
3,000
2,000
1,000
1,300
1,500
1,000
3,800
1,600
1,000
500
300
2,800
1,000
500
500
1,000
1,300
6,300
$33,400

E stimated
'Amount Invested.
~larket Value.

$4,065
3,600
2,520
1,230
1,450
l ,9B7
1,425
4,180
1,600
2,500
620
369
3,192
1,225
550
550
1,050
1,462
6,930

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
50
00

$40,475 50

$4,187
3 814
2,040
1,222
1,476
1,744
1,206
4 276
1,885
1,237
677
363
3,200
1,230
550
500
1,000
1,462
6,575

75
00
00
75
12
50
25
00
50
50
12
25
25
00
00
00
00
50
00

$38,648 49

1882.]

E

PUBLIC DOCUMENT- No. 8.

127

GREAT BARRINGTON SA INGS BANK - GREAT BARRINGTON.
Incorporated Feb . 23, 1809. Number of corporators, 58.
GBERT HOLLI TER, President.
Tl"easw·e1·, CrrARLES J. TAYLOR.
STATEMENT .

LI AB ILITIES .

D eposits
.
.
E a rnin gs undivided
Gu a ranty fund .

.

ASSE T S .

$207 ,588 25
15,993 39
3,206 31

-----

. .
.

P ublic fnn ds
Bank st ock
L oans on bank stock .
L oans on r eal estate .
L oans on perso nal security,
D eposit in ba nks on interest,
Expense account .
.
.
Cash on ha nd a nd in bank,

$226,787 95

$1,000
74,508
825
113,280

:n,sgn

00
53
60
17
16

2,046 85
6HI 23
2,608 41

----$226,787 95

Loan s on B ank Stock: On 10 shares Mahaiwe National Bank

$825 60

Cash on Deposit in Banks, amount in each: Ma:haiwe National Bank, Great Barrington
National Bank of Redemption, Boston

$2, 164 98
2,046 85

Whole amount of interest or profits received or earned
• $11,431
Rate and amount of each semi-annual dividend for l 2 per cent • 5 3,572
previous year .
.
•
•
•
•
•
• S 2 per cent • I 3,763
Times for the dividends fixed by the by-laws: J anuary and July.
The total amount of loans, with each specified rate of interest:
$131,054 46, 6 per cent; $14,950.47, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 126
.Aggregate amount of the same .
90,877
Amount of investments from which no income is received
628
Number of open accounts •
1,136
Number arid amount of deposits received for previous year, 2,681
61,218
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
41
20,134
Number and amount of withdrawals .
• 567
42,606
Num.b er of accounts opened the previous year .
• 213
Number of accounts closed the previous year •
• 218
Amount of expenses of the corporation during previous year
1,708
Amount of treasurer's bond
10,000
Date of examination by commissioner: .Aug. 1.

..

76
65
57

21
68
66
00
73

65
00

128

BANK COM11ISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

Par Value.

.

United States 4½s, coupons

$1,000

Estlmated
[Amount Invested.
Market Value.

$1,130 00

$1,000 00

$4,940
6,205
405
1,300
450
1,300
1,560
20,670
4,746
2,223
1,480
11,020
7,375
1,960
3,625

$5,445
6,152
405
1,280
450
1,500
1,703
23,104
4,835
2,227
1,345
11,400
9,2-!8
2,020
3,392

BANK STOCK.

Mahaiwe N 'l Bank, Gt. Barrington.
.
Lee N at' l Bank, Lee
Pittsfi eld N at'l Bank, Pittsfield
.
First Nat' l Bank, Adams
Housatonic Nat'l Bank, Stockbridge,
Faneuil Hall Nat' l Bank, Boston
.
Suffolk Nat'l Bank, Boston
Redemption Nat'l Bank, Boston
North America Nat'l Bank, Boston,
Hamilton Nat'l Bank, Boston .
Atlantic Nat'l Bank, Boston .
New England Nat'l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
Union Nat'l Bank, Boston
.
Merchants' Nat'l Bank, Boston

.

.

.
.
.
.

.
.

.

.

$3,800
5,110
300
1,000
300
1,000
1,300
15,900
4,200
1,900
1,000
7,600
6,600
1,400
2,500
$53,910

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$69,259 00

20
00
00
00
00
00
00
13
25
75
00
00
50
20
50

$74,508 53

1882.]

J OHN

129

PUBLIC DOCUME NT - No. 8.

GREENFIELD SAVINGS BANK - GREENFIELD.
In •orporated 1869. Number of corporators, 17.
SANDERSON, President.
Treasure1·, ALBERT M.

GLEASON,

STATEMENT .

L IAB ILITIES.

D eposits
.
.
E arnings u ndivided
Guaranty fund .

ASSETS.

$945,909 90
1,184 75
11,375 00

$138,000 00
200 00
103,800 00
8,500 00
10,500 00
13,382 23
357,614 22
98,771 05

Public funds
.
Loans on public funds
Bank st oc k .
.
•
Loans on bank stock .
Rai lroad bonds . · .
.
Real estate b.Y foreclosure .
.
L oans on real est at e .
L oans on personal security,
L oans to counties , cities, or
towns .
.
.
.
.
D eposit in banks on interest,
Expense account .
Interest cl ne .
Premium paid
•
.
Furniture and fix tures
Cash on ha nd

12,075
164,244
3,701
4,759
40,213
1,795
1,512

$959,069 65

$959,069 65
Loans on Public Funds: On $1,000 United States 5s

$200 00

Loans on Bank Stock, amount on each : On 45 shares Franklin County National Bank, Greenfield
On 25 shares Conway National Bank, Conway.
On 10 shares .A.dams National Bank, North Adams .
On 6 shares First National Bank, Greenfield •
Cash on Deposit in Banks, amount in each: Franklin County National Bank, Greenfield
Packard National Bank, Greenfield .
· International Trust Company, Boston *
Agawam National Bank, Springfield .
Crocker National Bank, Turner's Falls
Conway National Bank, Conway
.A.mount of real estate held by foreclosure
Assessed value of the same l
.A.mount of income received from the same
· .A.mount of municipal tax on real estate •

00
40
85
26
56
12
96

$4,400
2,500
1,000
600

00
00
00
00

•

$90,000
6,744
32,500
20,000
5,000
10,000

00
40
00
00
00
00

•

$13,382
9,050
938
115

23
00
22
59

Whole amount of interest or profits received or _earned •
• $55,716 11
Rate and amount of each semi-annual dividend for } 2 per cent • 5 17,537 09
previous year .
.
•
.
•
.
.
1¾ per cent . 1 16,022 17
Times for the dividends fixed by the by-laws: Jan. 1 and July 1.
The total amount of loans, with each specified rate of interest :
$2,500, 3 per cent ; $5, 000, 4 per cent; $156,900, 4½ per cent ;
$470,260.27, 5 per cent.
Number of outstanding loans which are of an amount not
ex<!eeding $3,000 each
• 310

* The Attorney-General has given his opinion that deposits by savings banks in this trust
company are legal.

130

BANK COMMISSIONERS' REPORT.

[Jan.

• $245,550 22
Aggregate amount of the same •
Number of open accounts .
2,297
Number and amount of deposits received for previous year, 1,335 157,320 55
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 167
92,912 19
Num be r and amount of withdrawals
1,079 142,746 92
Number of accounts opened the previous year.
431
Number of accounts closed the previous year •
243
3,865 12
Amount of expenses of the corporation during previous year
25,000 00
Amount of treasurer's bond
Date of examination by commissioner: Aug. 10.
PUBLIC FUNDS,

Par Value.

City and town bonds: City of Burlington, Vt. .
of Springfield .
.
Town of Pittsfield
of Rutland, Vt.

.
.
.
.

.
.

.

.

.

$25,000
8,000
65,000
40,000

Estimated
Market Value.

$26 ,250
9,437
67,015
40,000

00
50
00
00

$ 138,000 $ 142 702 50

Amount Invested.

$26,250
9,437
67,015
40,000

00
50
00
00

$142,702 50

BANK STOCK.

Market Nat'l Bank, Boston
Eliot Nat'l Bank, Boston
.
Merchants' Nat' l Bank, Boston
Hamilton Nat'l Bank, Boston.
Second Nat'l Bank, Boston
.
.Washington Nat'l Bank, Boston
Metropolitan Nat'l Bank, Boston .
Hide and Leather Nat'l B' k , Boston,
Redemption N at'l Ban k, Boston
ReYere Nat'l Bank, Boston
City Nat'] Bank, Boston .
Agawam at'l Bank, Spri1wfield
Chico1 ee N at' l Bank, Sprinoneld
Third Nat'l Bank, Springfield
First Nat'l Bank, Spring£ ld .
City Nat'l Bank, Sprin gfield .
Fir t at '! Bank, Chicopee
•
Holyoke Nat'l Bank, Holyoke .
Hadley Fall ~ Nat'l Bank, Holyoke
Palm er at' l Bank, Pa1mer .
.
Franklin 'o Nat' l Uauk, Gree11field,
First • ·at' l Bank, Gr nfi. ld
Conway Nat' l Bank. onway
At!tol Nat ' l Bank, Ath l
Orange NaL'l l3ank, Orang·e
Firs t Nat'l Bank , W estfi eld

$1,800
4,200
3,300
3,500
1,000
300
2,000
1,300
5,200
4,800
600
500
300
11,000
5,000
2 500
1,200

rn, oo

1,400
5 000
14,000
3,400
4,000
3 700
5,000
5,000

$1,975
5,040
4,818
3,955
1,500
420
2 400
1,500
7 000
5,850
760
625
480
19,617
7, 500
2, 00
1,920
16, 00
2,3 0
6,000
21,055
6,200
4 00
4,000
5,500
7,000

50
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
3

00
00
00
0
00

Eastern Railroad

12
32
25
20
50
43
00
25

50
00
9

00
00
50
00
00
00
00
00
00
3
00
00

3 06 00

5,000 00
7.000 00

$134,500 79

103,800

R

$2,180
4,850
3 984
4,204
1,557
423
2 000
1,550
7 006
5 328
6-11
720
510
19 617
7,500
2,500
1,920
15,1 0
2,3 0
5,000
21 ,055
4 076
4 509

ILR

$10,500

$11,550 00

$10,500 00

1882.J

PUBLIC DOCUMENT-No. 8.

131

GROVELAND SAVINGS BANK - GROVELAND.
Incorporated 1869. Number of corporators, 31.
MosEs FOSTER, P1·esident.
Treasurer, N. H. GRIFFITH.
STATEMENT ,

LIABILITIES.

D eposits
.
E arnings undivided •
Guaran ty fund . .

ASSETS.

$39,221 94
543 21
500 00

Public funds
Bank stock .
Railroad bonds .
•
Real estat e by foreclosure •
Loans on real estate .
.
Loans on personal security,
L oans to counties, cities, or
towns.
.
.
.
.
D eposit in bank on interest,
Cash on hand

$40,265 15

Cash on Deposit in Bank:First National Bank, Merrimac •
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$2,500
3,820
4,780
550
21,975
1,410

00
00
00
00
00
00

500 00
4,000 00
730 15
$40,265 15

$4,000 00
$550 00
650 00
11 . 00
10 67

Whole amount of interest or profits received or earned •
$2,487 83
710 53
Rate a_nd amount of each semi-annual dividend for} 2 per cent •· {
prev10us year .
.
.
.
•
.
•
. 2 per cent
723 85
Times for the dividends fixed by the by-laws: April and October.
'l'he total amount of loans, with each specified rate of interest:
$4,500, 4 per cent; $10,490, 7 per cent; $12,895, 7-P,0 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
49
Aggregate amount of the same .
27,885 00
Number of open accounts .
180
Number and amount of deposits received for previous year • 100
9,778 94
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
10
5,644 00
Number and amount of withdrawals
81
8,910 49
Number of accounts opened the previous year
28
Number of accounts closed the previous year .
26
56 50
Amount of expenses of the corporation during previous yeai:
Amount of treasurer' s bond
5,000 00
Date of examination by commissioner: May 4.

132

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS,

United States bonds

.

.

.

Par Value.

Estimated
Ma rket Value.

.A.mount Invested.

$2,500

$2,750 00

$2,500 00

BANK STOCK.

.

First Ward N at'l Bank, Boston
Fourth Nat'l Bank, Boston
Manufacturers' N at'l Bank, Boston,
Mechanics' Nat'l B'k, Newburyport,
Merchants' Nat'l B 'k, Newburyport,

.

.

$600
500
1,500
900
100

$700
550
1,650
1,100
125

00
00
00
00
00

$600
490
1,570
1,035
125

00
00
00
00
00

$4,125 00

$3,820 00

$3,000
1,000

$3,750 00
1,125 00

$3,750 00
1,030 00

$4,000

$4,875 00

$4,780 00

$3,600

RAILROAD BONDS,

Boston and Maine Railroad
Fitchburg Railroad .

.

-

.

.

..

133

PUBLIC DOCUMENT-No. 8.

1882.J

ELIPHALE T

H AMPDEN SAVINGS BANK - SPRINGFIELD.
Incorporated 1852. Number of corporators, 47.
TRASK, P 1·esident.
Treasurer, P ETER S.

B AILE Y,

S TATEMENT .

LIABILITIES.

A SSETS.

I
Deposits .
.
. $1,646,794 54
E arnings undivided .
13,187 50
22,000 00
Guara nty fund

.

.

Public funds
Loans on public funds
Bank st ock .
.
.
Loans on bank st ock .
Loans on railroad st ock
Real estate by foreclosure .
Loans on real estate
Loans on perso nal security,
D eposit in bank on interest,
E x pense account
Taxes paid on bank stock .
Cash on hand

$268,158
24,200
273,529
17,200
2,700
190,408
659, 480
225,984
10,000
1,494
354
8,4.72

..
..

.
. . .

$ 1,681,982 04

$1,681,982 04

Loans on Public Funds, amount on each : On $20,500 United States 4-½s
On $2,000 United States 4s
On $2,000 Springfield 7s
L0ans on Bank Stock, amount on each: On 110 shares Agawam National Bank
On 30 shares City National Bank
On 15 shares John Hancock National Bank
On 62 shares Chapin National Bank
On 5 shares Pynchon National Bank

00
00
00
00
00
85
00
69
00
08
96
46

•

$20,200 00
2,000 00
2,000 00

•

$10,000
3,000
700
3,150
350

•

Loans on Railroad Stock, amount on each: On 15 shares Connecticut River Railroad •
On 20 shares Boston and Albany Railroad *

00
00
00
00
00

$1,500 00
1,200 00

Cash on Deposit in Bank: Agawam National Bank

•

.A.mount of real estate held by foreclosure
Assessed value of the same
.A.mount of income received from the same
.A.mount of municipal tax on real estate •

• $190,408 85
• 137,500 00
10,734 00 .
1,714 00

$10,000 00

Whole amount of interest or profits received or earned •
• $92,344 17
Rate and amount of each semi-annual dividend for l 2 per cent . { 30,139 99
previous year .
•
.
•
•
.
.
• i 2 per cent .
31,116 39
Times for the dividends fixed by the by-laws: F eb. 15 and Aug. 15.
Average annual per cent of dividends fo r the term ending at time
of and including last extra dividend: 7 per cent.

* This loan bas been changed to conform to the provisions of the statute.

134

BANK COMMISSIONERS' REPORT.

[Jan.

The total amount of loans, with each specified rate of interest:
$20,000, 4 per cent; $24,100, 5 per cent; $885,464, 6 per cent.
Number of out tanding loans which are of an amount not
exceeding 3,000 each
206
$2,649 80
Aggregate amount of the same .
22,000 00
Amount of investments from which no income is received
Number of open accounts .
3,494
Number and amount of deposits received for previous year, 3,897 419,700 92
Number and amount of deposits of and exceeding $300 at any
. 330
2,189 28
one time for the previous year
Number and amount of withdrawals
2,174 318,554 61
Number of accounts opened the previous year.
725
Number of accounts closed the previous year .
• 649
Amount of expenses of the corporation during previous year
6 000 00
Amount of treasurer's bond
10,000 00
Date of examination by commissioner: Oct. 16.
PUBLIC FUNDS.

E stimated
Market Value.

Amount Invested.

$250,000 $290,625 00

$268,158 00

Par Value.

United States 4s

. .

.

.

BANK

First N at'l Bank , Chicopee
First N at'l Bank, Boston
Hide and Leather Nat'l B :k, Boston,
Hadley Falls Nat'l Bank, Holyoke
Merchants' N at'l Bank, Boston
Monson N at'l Bank, Monson .
Commerce Nat'l Bank, Boston
Third N at'l Bank, Springfield.
Revere Nat'l Bank, Boston
Webster Nat'l Bank, Boston .
Ware Nat'l Bank, ·ware.
Holyoke Nat'l llank, Holyoke .
Hamp hire Co. N'l B'k, Northampt'n,
Pynchon at'l Bank, pring:field
First Nat'l Bank, Northampton
Wachusett Nat'l Bank, Fitchburg
First Nat'l Bank, Springfield .
Chapin at'l Bank, pringfield
Republic N at'l Bank, Boston .
Suffolk N at'l Bank, Bo ton
Continental at'l Bank, Bo ton
Redemption N at'l Bank, Bo ton
Fre man'
at'l Bank, Boston
State at'l Bank, Bo ton
.
rth Am ri a at'l Bank, Boston.
Eliot Nat'l Bank, Bo t n
hawmut at' l Bank, Bo ton .
Agawam Nat'l Bank, pringfield

STOCK.

$4,000
2,800
7,500
4,000
23,000
2,000
7,500
7,400
7,500
4,000
7,500
15,000
4,100
6,500
3,000
5,000
5,000
23,000
5,000
3,700
5,000
5,000
5,000
5,000
5,000
5,000
6,300
50,000

$6,400
5,796
8,850
6,000
33,810
3,000
9 600
12,580
9,150
4,480
9,750
18,000
4,920
11,' 75
4,200
10,500
7,000
28 7 0
6/50
4,477
5,900
6,750
5,950
6,-50
5 750
6 000
,000
65,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$233,800 $314,788 00

$5,030
2,800
7,500
4,732
27,210
2 200
10 865
11 560
7,500
4,292
10,050
15,000
4,100
10 9 5
3,000
5,000
6 525
24,700
6 300
4,500
5 oOO

6,700
5,900
5,900
5,700
,100
7 600
56,480

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$273,529 00

1882.]

L U THER

135

P UBLIC DOCUMENT- No. 8.
HAMPSHIRE SAVINGS BANK - NORTHAMPTON.
Incorporated May, 18G9. Number of corporators, 28.
B ODMAN, P1·esident.
T1·easure1·, LEw1s

WARNER.

STATEMENT.

L IAB ILITI ES,

ASSETS.

II
Deposits
.
.
E arnings undivided
Guara nty fund .

$555,826 98
8,846 17
6,400 00

Bank stock .
.
.
Loans O:t\ bank stock .
Real estate by foreclos ure .
Loans on real estate .
.
Loans on personal security,
Loans to co unt ies, cities, or
towns .
.
.
.
.
Deposit in bank on interest,
E xpense account .

$197,614 42
1,5GO 00
4,(500 00

216,937 53
37,199 64:
500 ()0

111,738 44
983 12
$571,073 15

$571,073 15

Loans on Ban'k Stock, amount on each: On 12 shares Hampshire County National Bank
On 3 shares Northa11;1pton National Bank
Cash on Deposit in Bank: Hampshire County National Bank, Northampton •

$1,200 00
300 00

• $111,738 44

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •
Whole amount of interest or profits received or earned •
•
Rate and amount of each semi-annual dividend for} 2 per cent ·. {
previous year .
•
•
•
•
.
.
. 2 per cent
Times for the dividends fixed by the by-laws: May 15 and Nov. 15.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend : 4 per cent.
The total amount of loans, with each specified rate of interest:
$4,500, 5 per cent; $223, 637.17, 6 per cent; $24,000, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 ea.ch
• 176
Aggregate amount of the same •
•
Number of open accounts .
1,696
Number and amount of deposits received for previous year
983
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 130
Number and amount of withdrawals
• 814
Number of accounts opened the previous year.
• 342
Number of accounts closed the previous year •
• 224
Amount of expenses of corporation during previous year
Amount of treasurer' s bond
Date of examination by commissioner : July 12.

$4,600
3,000
276
38

00
00
00
48

$28,350 72
9,604 93
10,724 88

162,337 17
149,430 52
79,719 33
88,265 16

983 12
10,000 00

._

136

BANK COM~1ISSIONERS' REPORT.

[Jan.

BANK STOCK.

P ar Value.

Hampshire Co. N 'l B'k, Northampt'n,
Northampton N 'l B'k, Northampt'n,
.
First N at'l Bank, Northampton
First N at 'l Bank, Ea thampton
John H ancock Nat'l B'k, Springfield,
Chicopee N at'l Bank, Springfield
Agawam N at 'l Bank, Springfield .
Mechanics' N-at'l Bank, Worcester .
Ware at ' l Bank, Ware.
Union Nat'l Bank, Weymouth
First Nat'l Bank, Chicopee
Blackstone Nat'l Bank, Boston
Pacific Nat'l Bank, Boston
North Nat'l Bank, Boston
Howard Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston.
Hide and Leather Nat'l B ' k, Boston,
Nat'l Bank of Commerce, Boston
.
Tremont Nat'l Bank, Boston .
Continental Nat'l Bank, Boston
Republic Nat'l Bank, Boston .
North America Nat'l Bank, Boston,
Market Nat'l Bank, Boston
Mount Vernon N at'l Bank, Boston .
Commonwealth Nat'l Bank, Boston,
Merchants' N at'l Bank, Boston
Atlantic Nat'l Bank, Boston
Atlas N at'l Bank, Boston
Eliot N at'l Bank, Boston
Hamilton Nat'l Bank, Boston.
Massachusetts Nat'l Bank, Boston
Suffolk Nat'l Bank, Boston
.
Revere N at'l Bank, Boston
Shoe and Leather Nat'lB'k, Boston,
Globe Nat'l Bank, Boston
Third N at'l Bank, Boston
Second Nat'l Bank, Boston
E agle N at'l Bank, Boston
.
.
Manufacturers' Nat'l Bank, Boston,

.
.
.

.
.
.
.

.

"1

-=-

-

. .
. .
.
.
.

.
.

.

.
.

.
.

$44,500
7,800
4,100
10,000
3,400
500
800
2,500
1,200
1,300
2,400
2,200
3,000
10,000
3,300
3,500
3,200
1,500
4,200
3,500
800
1,000
3,500
700
4,000
3,000
900
3,300
3,600
700
1,500
3,000
2,200
1,000
4,400
3,000
5,000
1,200
1,000

Es ti ma ted
Ma rket Val ue.

$57,850
14,040
5,535
13,000
4,420
800
1,120
3,500
1,624
1,560
3,960
2,596
3,300
14,300
4,323
4,445
3,840
1,950
5,334
4,270
1,032
1,200
3,850
896
5,200
4,380
1,395
4,290
4,500
868
1,905
3,900
2,772
1,180
5,016
3,240
7,700
1,464
1,130

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$156,700 $207,6 5 00

A.mount Invested.

$52,010
11,857
5,488
12,450
3,898
800
1,088
3,395
1,624
1,592
3,755
3,247
3,300
12,661
3,695
4,477
3 797
2,505
5,386
4,030
1,032
1,147
4,219
896
4 635
4,260
1,221
3,902
4,640
906
1 920
3,870
2,802
1,436
5,651
3,600
7,900
1 476
1,040

00
50
00
00
00
00
00
00
00
50
00
50
00
00
00
50
00
00
00
00
00
50
37
00
00
00
75
75
00
00
00
00
00
25
7
93
00
CO
00

$197,614 42

JOHN

A.

137

PUBLIC DOCUMENT-No. 8.

1882.]

A

H A V ERRILL SAVINGS BANK - HA VERRILL.
I ncorporated 1829. Nnmber of corporators, 20.
PPLETON , President.
Treasure1·, A. B .

J AQUES.

STATEMENT .

A SSETS .

LIABILITIES .

II
.
.
D eposits
E a rnin gs undivided
G uara nty fund

.

. .

$3,393,432 31
13,420 62
54,697 12

.

Public fund s
Loans on p ublic funds
B a nk stock
Loans on bank stock
Railroad bonds
L oans on real estat e
L oans on person al securit y ,
L oan s to counties, cit ies, or
.
towns .
.
D eposit in b ank on interest,
E xpense account.
Ca sh on b and

.. .
. ..

. . .

Loans on Public F11nds, amount on each:On $8,300 United States bonds .
On $1,000 County of Washington, Me., bonds .

Cash on Deposit in Bank: Haverhill National Bank .

00
00
00
00
00
00
00

15,000
115,000
::16
7,858

00
00
62
43

$ 3,461 ,550 05

$3,461,550 05

Loans on Bank Stock, amount on each: On 216 shares E ssex National Bank, Haverhill
On 153 shares First National Bank, Haverhill
On 120 shares First National Bank, Boston
On 87 shares Haverhill National Bank
On 20 shares Shoe and Leather National Bank, Boston .
On 10 shares Merrimack National Bank, Haverhill
On 6 shares Haverhill National Bank, Haverhill .
On 12 shares First National Bank, Merrimac
On 10 shares National Bank, Methuen .

$933,300
8.800
510,41:i0
61,000
96,000
989,575
724,530

$8,800 00
500 00

•

$1 9,800
15,000
12,000
8,400

00
00
00
00

3,600 00
1,200 00
1,000 00

• $115,000 00

Whole amount of interest or profits received c,>r earned .
• $187,838 08
R ate and amount of each semi-annual dividend for l 2 per cent . j 77,401 52
previous year .
.
.
.
.
.
.
j 2 per cent
. I 64,590 00
Times for the dividends fixed by the by-laws: third Wednesday in
April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7-½ per cent.
The total amount of loans, with each specified rate of interest:
$50,000, 3-½ per cent; $85,000, 3¾ per cent; $449,230, 4 per cent;
$135,000, 4-½ per cent; $113,900, 5 per cent; $965,775, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
-.
. . 541
18

138

BANK COMMISSIONERS' REPORT.

[Jan.

Aggregate amount of the same •
. $698,280 00
Number of open accounts •
9,218
Number and amount of deposits received for previous year,
6,323 484,356 00
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 441 202 874 00
Number and amount of withdrawals
4,984 380,895 23
Number of accounts opened the previous year.
1,565
Number of accounts closed the previous year .
804
4,703 26
Amount of expenses of the corporation during previous year
20,000 00
Amount of treasurer's bond
Date of examination by commissioner: J une 13.
PUBLIC FUNDS.

Estimated
Market Value.

Amount Invested

$395,000 $424,412 50

$395,000 00

Par Value.

.

.

.

City and town bonds: City of Haverhill •
of Boston
of Lynn
of Portsmouth, N.H.
of Fall River .
of Dover, N. H.
of Cambridge
of Nashua, N.H.
of Portland, Me.
of Lawrence
.
of Somerville
of Chelsea
of Charlestown
Town of Winthrop.
.
of Natick
of Winchester
of Manch ester
.
of Bradford
of Brookline .
.

.
.
.
.

.

United States bonds

.
.

.
.
.
.
.
.

. .

.
.

.

.

.
.
.
.

.

...
.
.
.
.

.
.

.
.
.
.
.

.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.

.

$88,500
30,000
15,000
51,500
50,000
46,300
45,000
35,000
15,000
28,000
30,000
1,000
10,000
20,000
20,000
13,000
5,000
13,000
22,000

- - - --

$93,723
31,800
17,400
58,710
55,565
52,782
49,050
39,550
16,350
30,500
31,500
1,015
11,000
24,000
20,800
1:-3,520
5,150
13 ,560
26,180

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$933,300 $1,016,567 50

$88,500
30,000
15,000
51,500
50,000
46,300
45,000
35,000
15,000
28,000
30,000
1,000
10,000
20,000
20.000
13,000
5,000
13,000
22,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$933,300 00

BANK STOCK.

H averhill Nat'l Bank, H averhill
Merrim ack Na t'l Bank, H averhill
E s. ex Nat 'l Bank, H averhill .
Fir t Nat 'l Bank, Haverhill .
Methuen a t 'l Bank , M thuen
Fir t Nat'l Bank, Malden
.
Bay tate at'l Bank, Lawrence
And ver Na t ' l Bank, And ver
Bo ton at'l Bank, Do ton
.
.
North America .r a t 'l Bank, Boston .

$37,500
27,500
16,700
13,000
10,000
10,000
3,750
3,200
26 ,700
26,700

$55,500
42,6~5
20, 75
16,900
12,000
1-, 00
6 _50
3,744
35,244
32,040

00
00
00
00
0
00
00
00
00
00

$37,500
27,500
16,700
1 ,000
10,000
10,000
3,750
3,200
26,700
26,700

00
00
00
00
00
00
00
00
00
00

1882.]

139

PUBLIC DOCUMENT-No. 8.
BANK

STOCK

-Concluded.
Par Value.

.
R edemption N at'l Bank, Boston
Republic Nat'l Bank, Boston
Hide and Leather N at'l B'k, Boston,
Atlas Nat'l Bank, Boston
Blackstone N at'l Bank, Boston
Exchange Nat'l Bank, Boston
.
Shawmut Nat'l Bank, Boston .
.
North Nat'l Bank, Boston
Suffolk N at'l Bank, Boston
City Nat'l Bank, Boston .
.
Howard N at' l Bank, Boston .
Faneuil Hall Nat'l Bank, Boston
Maverick Nat'l Bank, Boston .
Traders' Nat'l Bai1k, Boston .
.
Continental Nat'l Bank, Boston
. .
Globe N at'l Bank, Boston
Manufacturers' Nat'l Bank, Boston.
.
Eagle N at'l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
Hamilton N at'l Ban'k , Boston .
Columbian Nat'l Bank, Boston
Webster N at'l Bank, Boston
.
First Nat'l Bank, Boston
.
State Nat'l Bank, Boston
.
Third Nat'l Bank, Boston
.
Fourth N at'l Bank, Boston
Central Nat'l Bank, Boston .
Everett Nat'l Bank, Boston
.
E liot N at'l Bank, Boston

.

.

.
.
.

.
.
.

.
.
.

.
.
.

.
.
.
.

.

.

$25,400
:!2,500
20,000
20,000
20,000
15,000
15,000
15,000
15,000
15,000
15,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
7,500
7,500
5,000
5,000
5,000
5,000
10,000
7,500
5,000
5,000
5,000

Estimated
Amount Invested.
Marltet Value.

$34,544
29,700
24,000
26,000
23,600
22,200
18,900
21,600
18,750
19,050
19,650
13,500
25,000
10,500
12.200
11,400
11,200
12,100
8,700
9,300
7,300
5,650
10,750
6,400
11,000
8,325
6,100
5,900
6,050

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$510,450 $677,347 00

$25,400
22,500
20,000
20,000
20,000
15,000
15,000
15,000
15,000
15,000
15,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
7,500
7,500
5,000
5,000
5,000
5,000
10,000
7,500
5,000
5,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$510,450 00

RAILROAD BONDS.

.
.

Boston and Maine Railroad
Old Colony and Newport Railroad
West Amesbury Branch Railroad

.

$75,000
15,000
6,000

$95,250 00
18,300 00
7,200 00

$75,000 00
15,000 00
6,000 00

$96,000 $120,750 00

$96,000 00

140

[Jan.

BANK COMMISSIONERS' REPORT.

HAYDENVILLE SAVINGS BANK-HAYDENVILLE.
Incorporated M arch 17, 1869. Number of corporat ors, 81.
Treasurer, B. S. Jo&"l'SON.
ELNATHAN GRAVES, P resident.
STATEMENT.

ASSETS .

LIA.BILITIES.

Deposits
.
•
Earnings undivided
Guaranty fund •

.

$ 201,088 27
9,442 rn
2,562 63

.. .. ..
. .

Public funds
Bank stock
Railroad bonds
Real estate by foreclosure .
Loans on rea l estate
Loans on personal security,
Loans to counties, cities, or
.
tOVl'l1S.
Deposit in banks on interest,
E x pense account.
Cash on hand

.
.

55
00
50
00
58
17

6,800
19,935
360
825

00
39
10
74

$ 213,093 03

$213,093 03

Cash on Deposit in Banks, amount in each:Hampshire County National Bank, Northampton
First National Bank, Northampton •
Conway National Bank, Conway

$ 19,094
13,469
5,737
4,000
95,299
47,571

• $19,541 74
320 56
73 09

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .
•
Whole amount of interest or profits received or earned •
Rate and amount of each semi-annual dividend for } 2¼ per cent ·. {
previou s year .
•
.
.
•
.
•
. 2 per cent
Times for the di vidends fixed by the by-laws: second Tuesday in
Jan uary and July.
A verage annual per cent of dividends for the term ending at time
of and including last extra dividend: 6-f.r per cent.
The total amo un t of loans, with each specified rate of interest:
$5,000, 5 per cent; $144, 670.75, 6 per cent.
Number of out tandi ng loans which are of an amount not
exceeding $3,000 each
221
A ggregate amou n t of th e sam e .
A m oun t of investment fr m which n o income is received
N u mber of open accou nts .
• 708
Numbe r and amou nt of depo its rece ived fo r previous year , 1,235
N umber and amount of deposits of and exceeding $300 at an y
one ti me fo r the previou year
39
Nu mher and amount of wi t,h drawals
• 460
Num ber of a counL p n d th e prev iou year.
159
Num ber of ac ount cl d th e pr vi u year .
125
Amo un t of xpen e of th e corporati n during previou year
Amo un t of treas urer's bond
D aLe of examina ti on by commissioner: July 12.

$4,000
2,243
184
15

00
00
08
92

$12,506 61
4,261 07
3,937 81

136,970 75
11 340 91
50, 23 51
21 9 55
46, 99 67

1 277 54
20,000 00

1882.J

PUBLIC DOCUMENT-No. 8.

141

PUBLIC FUNDS,

E stima ted
l\llarlcet Va lue.

Amount Invested.

$19,094 55

$19,094 55

$6,900
300
4,300

$8,004 00
375 00
5,590 00

$7,834 00
345 00
5,290 00

$11,500

$13,969 00

$13,469 00

$6,350 00

$5,737 50

P ar Value.

I
City of Holyoke 7s .

.

.

.

$15,000

BANK STOCK.

Conway N at'l Bank, Conway .
.
Hampshire Co. N'lB'k,Northampt'n,
Easthampton N'l B'k, Easthampton,

RAILROAD BONDS.

Boston and Albany Railroad 7s

$5,000

142

DANIEL

BANK COI\1MISSIONERS' REPORT.

[Jan.

HINGHAM INSTITUTION FOR SAVINGS - HINGHAM.
Incorporated April 2, 1834. Number of corporator , 72.
BASSET, President.
Treasure1·, HENRY C. HARDING.
STATEMENT.

LIABILITIES.

ASSETS.

II
Deposits
.
.
Earnings nndivided
Guaranty fund •

$ 1,665,216 18

13,984 64
20,070 18

Public fnnds
Bank stock .
.
Loans on bank stock .
Railroad uonds .
.
Loans on railroad stock
Real estate .
.
.
.
Real estate by foreclosnre .
Loans on real estate .
.
Loans on personal security,
Loans to counties, cities, or
towns
.
.
.
.
Deposit in hanks on interest,
Expense account.
Loans on deposit.
.
.
Manufacturing Co.'s stock
(to ecure indebtedness) .
Cash on band

$98,500 00
144,300 00
7,430 00
45,000 00
500 00
3,000 00
99,120 16
856,955 13
376,850 00
45,700
8,215
2,237
100

3,300 00
8,062 77
$1,699,271 00

$ 1,699,271 00

Loans on Bank Stock, amount on each: On 5 shares Hingham National Bank
On 3 shares Mount Wollaston National Bank.
On 70 shares Freeman's National Bank
Loans on Railroad Stock: On 6 shares Boston and Providence Railroad

00
82
12
00

$250 00
1 0 00
7,000 00

•

$500 00

Cash on D epo it in Banks, amount in each:Shoe and L eat.h er National Bank, Boston •
Web ter ational Bank, Bo ton
Hingham ational Bank, Hingham •
Amonnt inve ted in r eal e t.ate (for banking purpose ) •
E timated value of the same
Amount of real ' tate held by foreclo nre
A e!-<secl valu of the am
Amount of in ome r ive<l from th ame
Amount of municipal tax on real e tate .

$8 215 82
3 019 19
2,666 29

•

3,000
3 000
99 120
100 400
4,519
1,467

00
00
16
00
0
01

Whole amount of intere tor profits re eiv d or earn cl •
• $94,3 2 03
Rate and amount of each emi-annual divi<l nd f r} 2 p r c nt . { 31 574 37
pr vious y ar .
.
.
.
.
.
.
. 2 p r c nt .
32,105 93
Time for th divid ncl fix d by the by-law ; fir t Tu day in January and July.
Th total amount of loan . with ea h p cifi d rat
f int r t;
$157, 0 , 4 p r c nt; $32,100 4t per ent; $30Ci, 1 0 5 p r nt;
$56,437.13 6 pPr nt;., ,150, 6½ pre nt; $106,46 ,7p rcent;
$3,350, 7iJcr p r cent; $6,080, 7½ per cent; $950, 8 per cent.

1882.J

143

PUBLIC DOCUMENT-No. 8.

Number of outstanding loans which are of an amount not
exce ding $3,000 each
326
.A"'gregate amount of the same .
$2 1,393 00
Number of open accounts .
3,687
Number and amount of deposits received for previous year, 1,288 161,767 63
Numbel' and amount of deposits of and exceeding $300 at any
one time for the previous year
. 164
97,045 27
Number and amount of withdrawals
1,384 167,377 27
Number of accounts opened th e previous year.
• 361
Number of accounts closed the previous year .
. 287
.A.mount of expenses of the corporation during previous year
3,250 93
.A.mount of treasurer's bond
20,000 00
Date of examination by commissioner: May 26.
PUBLIC FUNDS.

Estimated
Market Value.

Amount Invested.

$48,500

$48,985 00

$48,500 00

$50,000

$fil,250 00

$50,000 00

$98,500 $100,235 00

$98,500 00

Par Value.

United States 6s, extended
City of Boston 4s

.

.

.
.

.
.

BANK STOCK,

.

Hingham Nat'l Bank, Hingham
Abington Nat'l Bank, Abington
Brockton Nat'l Bank, Brockton
Old Colony Nat' l Bank, Plymouth .
Union Nat'l Bank, Weymouth
:First N at'l Bank, Chelsea
.
Atlantic Nat'l Bank, Boston
Atlas Nat'l Bank, Boston
City Nat'l Bank, Boston .
Commerce N at'l Bank, Boston
Eagl e Nat'l Bank, Boston
First Nat'l Bank, Boston
.
. .
Globe Nat'l Bank, Boston
Hamilton Nat'l Bank, Boston .
Market N at'l Bank, Boston
Massachu setts N at'l Bank, Boston
:Merchants' Nat'l Bank, Boston
.
New England Nat'l Bank, Boston .
North America Nat'J Bank, Boston.
Republic Nat'l Bank, Boston .
Revere Nat'l Bank, Boston
8hoe and Leather Nat'l B'k, Boston,
State Nat'l Bank, Boston
Suffolk Nat'! Bank. Boston
Tremont N at'l Bank, Boston .
Union N at'l Bank, Boston
.
Webster N at'l Bank, Boston

.
.

.
.
.
.

.
.
.
.
.
.

.
.
.

.

.
.

.

.
.

. .

$11,900 $11,900 00
2,100 00
1,500
2,000 00
2,000
2,160 00
1,600
3,304 00
2,800
3,720 00
3,000
3,800
5,700 00
7,500
9,375 00
5,400
6,696 00
8,200
10,578 00
10,000
11 ,900 00
5,000
10,350 00
4,520 Ou
4,000
4,746 00
4,200
3,600
3,924 00
2,000
2,480 00
11,175 00
7,500
2,900 00
2,000
9,200 00
8,000
9,300 00
7,500
11,200
13.664 00
7,3!5 00
6,500
2,600
3,250 00
3,600
4,356 00
9,ti80 00
8,000
7,650 00
5,000
6,000 '
6,660 00
$144,400 $180,633 00
..

-

$11,800
1,500
2,000
1,600
2,800
3,000
3,800
7,500
5,400
8,200
10,000
5,000
4,000
4,200
3,600
2,000
7,500
2,000
8,000
7,500
11,200
6,500
2,600
3,600
8,000
5,000
6,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$144,300 00

-

144

BANK COMMISSIONERS' REP ORT.

[Jan.

RAILROAD BONDS ,

Par Value.

Boston and Alba,ny 7s
Boston and Lowell 7s
Boston and Maine 7s
Old Colony 7s .
Eastern 4½s

Estimated
Market Value.

$10,000
10,000
10,000
10,000
5,000

$12,700
12,400
12,650
12,400
5,450

$4~,000

$55,600 00

00
00
00
00
00

Amount Invested,

$10,000
10,000
10,000
10 000
5,000

00
00
00
00
00

$45,000 00

1882.]

145

PUBLIC DOCUMENT-No. 8.
HOLLISTON SAVINGS BANK - HOLLI TON.

Incorporated February, 1872. Number of corporators, 50.
SETH THAYER

President.

Tl·easurer,

ORRIN TH0111s0N.

STATEME 'T.

LIABILITIES,

D eposits
.
.
Earnings undivided
Guaranty fund .

ASSETS.

$373,078 62
8,887 57
3,791 35

Public funds
Bank stock .
.
Loa ns on bank stock
Railroau boll(ls .
.
.
Real estate by foreclosure .
.
Loaus on real estate .
Loans on personal security,
L oans to counties, citie ·, or
to,1vns
•
.
•
.
Deposit in banks on in terest,
Expense account.
Loan on silver coin
Cash on hand

$385,757 54

Loans on Bank Stock: On 42 shares Holliston National Bank, Holliston

$12,968
3G,428
~,700
11,400
13,000
218,070
14,918

75
50
00
00
00
00
09

18,540
55,758
754
200
1,019

00
90
21
00
09

$385,757 54:

$2,700 00

Cash on Deposit in Banks, amount in each: Holliston National Bank, Holliston
Maverick National Bank, Boston
Pacific National Bank, Boston •
National Bank of the Commonwealth, Boston

$29,498
16,8E9
5,000
4,421

04
30
00
56

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of mun~cipal tax on real estate .

$13,000
15,800
1,002
202

00
00
00
95

Whole amount of interest or profits received or earned
· $21,658
Rate and amount of each semi-annual dividend for} 2¼ per cent . { 7,567
previous year .
.
•
•
.
.
.
2 per ci,nt .
6,U87
Times for tl.te dividends fixed by the by-laws: June and December.
The total amount of loans, with each specified rate of interest:
$14,300, 4-½ per cent; $236,048, 6 per cent; $4,000, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
. 243
Aggregate amount of the same .
191,263
Number of open account,; .
1,151
Number arnl amount of cleposits received for previous year
893 100,460
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• - 91
48,997
Number and amount of withdrawals
• 835
72,549

32
02
61

19

09
48

13
92

146

BANK COMMISSIONERS' REPORT.

Number of accounts opened the previous year.
• 202
Number of accounts closed the previous year •
• 148
.A.mount of expenses of the corporation during previous year
Amount of treasurer' s bond
Date of examination by commissioner: May 23.

[Jan.

$1 ,300 00
20,000 00

PUBLIC FUNDS.

.

.

State and city bonds: State of New Hampshire 6s
City of Lewiston, Me., 5s
of Providence, R.I., 4½s .
of Worcester 6s

.
.
.

United States 4s, registered

.

.
.
.

.

Par Value.

Estimated
Market Value.

Amount Invested.

$4,000

$4,640 00

$4,000 00

$2 ,000
2,000
1,000
4,000

$2,200
2,200
1,100
4,600

$2,145
2,090
1,033
3,700

$13,000

00
00
00
00

$14,740 00

00
00
75
00

$12,968 75

B ANK STOCK.

.
.
.
.
.

Holliston N at' l Bank, Holliston
Traders' Nat'l Bank, Bostou
Old Boston N at' l Bank, Boston
Commonwealth N at'l Bank, Boston,
Blackstone Nat'l Bank, Boston
State Nat' l Bank, Boston
Market Nat'l Bank, Boston
Blue Hill Nat'l Bank, Boston .
•
S. Framingham N'l B'k, S. Fram'm,
Home Nat'l Bank, Brockton
Franklin Nat'l Bank, Franklin

.

.
.

.

.
.

00
00
00
00
00
00
00
00
00
00
00

$15,290
3,408
2,470
1,530
644
2,727
1,365
1 383
3,000
3,000
1,610

00
75
00
00
00
00
00
75
00
00
00

$12,800
3,000
2,000
1,700
700
2,400
1,400
1,500
3,000
3,000
1,400

$16,000
3,060
2,470
2,040
805
3,000
1,540
1,650
3,100
3,300
1,610

$32,900

$38,575 00

$36,428 50

$5,000
5,700

$5,500 00
6,400 00

$5,000 00
6,400 00

$10,700

$11,900 00

$11,400 00

RAILROAD BONDS,

.

.

Eastern Railroad
.
Salem and Lowell, guaranteed

.

.

1882.]

147

PUBLIC DOCUMENT-No. 8.

HOLYOKE SAVINGS BANK - HOLYOKE.
Incorporated 1855. Number of corporators, 7G.
JOEL RussELL, Pi·esident.
Treasw·er, R. B. JonNSON.
STATEMENT.

LIABILITIES,

D eposits
.
.
Earnings unrli vided
Guaranty fund .

ASSETS.

$ 1,391,423 98
32,637 06
18,000 00

Public fnnds
Bank stock .
.
.
L oans on bank stock .
Loan to Chicopee Savings
Bank.
.
.
Railroad bo nds .
.
.
L oans on r eal estate .
Loa ns on personal security ,
Deposit in banks on iuteres t ,
E xpense account .
Pre mi um aecou nt
Cash on hand

$1,442,061 04

$ 181,100 00
186,949 67
16,100 00
10,000
36,000
722,450
135,880
111,223
1,390
9,400
31,567

00
00
00
00
77
37
00
23

$ 1,442,061 04

Loans on Bank Stock, amount on each: On 162 shares Holyoke National Bank, Holyoke
On 6 shares Franklin County National Bank, Greenfield

$15,500 00
600 00

Cash on Deposit in Banks, amount in each: Holyoke National Bank, Holyoke
Franklin County National Bank, Greenfield
Maverick National Bank, Boston

$36,862 37
45,000 00
29,361 40

Whole amount of interest or profits received or earned •
Rate and amount of each semi-annual dividend for } 2¼ per cent . {
previous year .
•
.
•
.
.
.
2 per cent •
Times for the dividends fixed by the by-laws: January and July.
The total amount of loans, with each specified rate of interest:
$46,600, 4½ per cent; $827,830, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $~,000 each
229
Aggregate amount of the same .
•
Number of open accounts .
4,272
Number and amount of deposits received for previous year, 6,980
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 221
Number and amount of withdrawals
3,363
Number of accounts opened the previous year
1,118
Number of accounts closed the previous year .
714
Amount of expenses of the corporation during previous year .
Amount of treasurer's bond
Date of examination by commisioner, July 11.

$79,846 72
27,771 12
25,760 71

275,145 00
408,299 00
128,370 00
377,960 19

3,782 79
25,000 00

148

BANK COMMISSIONERS' REPORT.

[Ja.n.

PUBLIC FUNDS.

Par Value.

.

.

.

.

United States 3½s
"
" 6s, currency
" 4s1
"
"
" 42 s

.
.

State, city, and town bonds: .
State of Massachusetts
City of Holyoke 6s .
.
of F all River 6s
.
of Boston 6s .
.
.
of Boston 5s
of Boston 4s
.
of Chelsea 6s
Town of Fair Haven, Vt., 5s .

.

.

.
.
.

.
.
.

.
.

.
.
.
.

.
.

.
.
.
.

Estimated
::Uarket Va lue.

$111,000 $112,000 00
10,000
13 ,000 00
812 00
700
400
450 00
$17,000
5,000
3,000
3,000
4,000
25,000
1,000
1,000

$19,890
5,600
3,600
3,700
4, 320
25,750
1,185
1,035

00
00
00
00
00
00
00
00

Amount Invested.

$111,000
10,000
700
400

00
00
00
00

$17,000
5,000
3,000
3,000
4 000
25,000
1,000
1,000

00
00
00
00
00
00
00
00

------ ------

$181,100 _$191,342 00

$181,100 00

BANK STOCK.

Holyoke "Nat ' l Bank, Holyoke.
$35,600
13,200
Hadley F alls Nat'l Bank, Holyoke .
Agawam Nat'l Rank, Springfield
5.000
11,900
First Nat'1 Bank, Springfield .
5,000
Second N at'l Bank, Springfield
13,500
Third Nat'l Bank, Springfield
3,100
Chicopt>e Nat'l Ba nk, ~pringfield
8,700
,John Han cock, ' at') B' k, Springfield, ·
10,000
.First Kat'l Bank, Northampton
7,600
Northampton ~ at'1 B'k, North'ton
2,000
Hampsh ire Co. Nat'l B'k, North'n .
4,200
First Nat'l Bank, Easthampton
3,400
Railroad Nat'l Bank, Lowell
9,700
T ownsend N at ' l Bank, Townsend
Shelburne Falls Nat'l Bank, Shel300
burne Falls .
•
5,700
Conway Nat'1 Bank, Conway •
First Nat'l Bank, vVe. tfield
400
2,200
First Nat'] Bank, South Adams
1,100
Pitt:a;fielu Nat' l Bank, Pitt field
Mon ·on N afl Bank, Mon on
900
Franklin Co. Nat ' l B'k, Gre n:field.
1,000
First Nat'1 Bank, Newburyport
1,000
Jvlj]lpr' s River Nat'l Bank, Athol
00
l\lerrimack Nat' l Bank, Haverhill .
100

00
00
00
00
00
00
00
00
00
00
00
00
00
00

$36,062
19,519
6 687
14,964
9,002
20,678
4,935
9 997
13,327
11 ,670
2 400
4,910
4,128
12,713

00
67
00
59
00
41
00
00
50
00
00
00
00
00

405 00

369
6,570
412
2, 00
1 139
900
1.000
1,5 0
00
165

50
00
00
00
00
00
00
00
00
00

$39,872
21,120
6,000
17,850
8,000
21,600
4,650
10,015
13,500
11,400
2,400
5,040
4,420
12,6 10

6 5o5 00

560 00
2, 60 00

1 540
1,1350
l JiOO
1,700
l 440
165

00
00
00
00
0
00

- - -1- - - - - - - - - - - $146,400 $196,552 00

$1 6,949 67

1882.]

149

PUBLIC DOCUMENT-No. 8.
RAILROAD BOND •

Par Value.

.. .. .

Boston and Albany 6s
Boston and Lowell 5s
Boston, Revere Beach, and Lynn 6s .
Nashua and Lowell 6s
•
.
.
. .
Old Colony 6s .
.
Boston and Maine 7s

.

.

.

.

$5,000
5,000
5,000
8,000
8,000
5,000
$36,000

•

Estimated
Market Va lue.

$5,700
5,250
5,750
9,000
8,800
5,500

00
00
00
00
00
00

-----$40,000 00

Amount Invested.

$5,000
5,000
5,000
8,000
81000
5,~00

00
00
00
00
00
00

$36,000 00

150

CHARLES

[Jan.

BANK COMMISSIONERS' RE P ORT.
H011IE SAVINGS BANK - BOSTON.
Incorporated 1869. Number of corporators 61.
H. ALLEN, President.
Treasurer, B. N.

BULLOC.li:.

STATEMENT.

LIABILITIES,

Deposits
Earnings undivided
Guaranty fund .

ASSETS.

$ 1,846,541 98
237,827 09
15,000 00

Public funds
Loans on public funds
Bank stock
Loans on bank stock
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
Deposit in banks on interest,
Expense account.
Loans on Home Savings
Bank books
.
.
Cash on hand

$107,250
800
384,918
24,100
195,750
9fi7,3 1
252,600

04

00

121 40
7,519 28
$2,099,369 07

Loans on Public Funds: On $800 United States 4s .

$800 00

Loans on Bank Stock, amount on each: On 40 shares Central National Bank, Boston •
On 22 shares Boylston National Bank, Bo ton
On 50 shares Dedham National Bank, D edham
On 116 shares South Read ing National Bank
On 24 shares Bristol County National Bank and 8 shares Taunton
National Bank, Taunton.

Amount of r eal estate held by foreclosure
Asses ed value of the same
Amount of income receiv d from the same
Amount of municipal tax on real estate .

00
44
00
00

24, 000 00
133,93 15
990 76

$2,099,369 07

Cash on D eposit in Banks, amount in each: Central ational Bank, Bo ton.
Pacific National Bank, Boston •

00

$4,000
2,200
5,000
10,000

00
00
00
09

2,900 00
$ R 93

15
45,000 00

• $195 750 00
159 150 00

755 65
2,213 27

$111,511 12
Whole amount of inter st or profits rec iv d or am d
Rate a~d amount of each emi-annual dividend for l 2 p r
•. { 3 192 76
prev1ou year .
.
.
.
.
.
•
f 2 l r nt
34, 30 2
Tim s for th di id nds fixed by the by-laws: econd W dn sday
in April and O tob r.
The total amount of loan. , with ea h p ifi cl rat of int r t:
$13,0 0 4p r nt· $70,100, 4-tp r •nt; $1G:.,571.40 6 pr nt;
$72,900, 6½ per c nt ; $c 00,562.04, 6 per c nt; 64, 150, Gt p r cent;
$136, 60, 7 per c nt; $3,700, 7 ?er per ent; $24,25 , 7t per cent;
$6,900, p r ent.
Numb r of onL iandinrr loans wbich ar of an amount not
116
exceeding $3,000 each

1882.]

PUBLIC DOCUMENT-No. 8.

151

. $17 ,253
Aggregate amount of the sam
14,200
Amount of investment fr Ill whi h n income i · r c ivecl
Number of open accounts .
rn,931
Number and amount of cle1 o it r c iv d for pr vious y ar, 2,645 281,995
Numb r and amount of d po it of and ex eeding $300 at any
one time for the previous y ar
. 271 159/l9
Number and amount of withdrawals
7,514 848,917
Number of accounts opened the previous year .
. 898
Number of accoun ts closed the previous year .
4,070
15,545
Amount of expenses of the corporation during previous year.
30,000
Amount of treasurer's bond
Date of examination by commissioner: F eb. 7.

20
00
62

09
94

72
00

PUBLIC FUNDS.

Estimated
J.\llarket Value.

Amount Invested.

$60,965 62
50,500 00

$52,250 00
55,000 00

$102,500 $111,465 62

$107,250 00

Pa r Value.

.

United States 4s, 1907, registered
"
" 3~s (ext. 6s, 1881), reg.

$52 ,500
50,000

--

BANK STOCK.

.
.

.
.
.
.
..
.

Atlas N at'l Bank, Boston
Blackstone Nat' l Bank, Boston
Boston N at'l Bank, Boston
Columbian N at'l Bank, Boston
Eliot N at'l Bank, Boston
Everett N at'l Bank, Boston
First N at'l Bank, Boston
Freeman's Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Howard Nat'l Bank, Boston
Hamilton Nat'l Bank, Boston.
:Market N at'l Bank, Brighton .
.
Market Nat'l Bank, Boston
Massachusetts Nat'l Bank, Boston .
Merchants' N at'l Bank, Boston
New England Nat'l Bank, Boston
North Nat'l Bank, Boston
.
North America Nat'l Bank, Boston,
Redemption N at'l Bank, Boston
Revere Nat'l Bank, Boston
Repuulic Nat'l Bank, Boston .
Shawmut Na.t'l Bank, Boston .
.
Second Nat'l Bank, Boston
.
Shoe and Leather Nat'l B'k, Boston,
Suffolk N at'l Bank, Boston
.
..
Tremont Nat'l Bank, Boston .
Union Nat' l Bank, Boston
Webster Nat'l Bank, Boston

.

.
.

.

.
.
.
.

.

.
.

.
.
.
.

.
.

.

$18,000
8,100
1,400
4,000
5,200
7,000
9,000
9,800
5,000
12,800
8,000
5,000
15,000
5,000
10,000
20 ,000
20,000
5,000
11,300
15,000
18,000
18,000
40,000
8,200
4,000
18,200
10,000
5,000

$22,500
9,B15
1,792
5,700
6,253
8,198
18,697
11,735
5,825
16,656
9,040
6,625
16,462
6,200
14,625
29,100
28,425
5,750
15,269
18,300
23,580
22,950
60,600
9,225
4,875
22,204
15,350
5,575

00
00
00
00
00
75
50
50
00
00
00
00
50
00
00
00
00
00
12
00
00
00
00
00
00
00
00
00

$316,000 $420,828 37

$20,700
8,856
1,332
5,251
5,616
7,875
16,650
10,584
5,600
13,908
9,440
4,981
15,900
5,500
12,593
26,800
23,400
5,400
14,690
16,800
22,564
21,240
56,000
9,676
4,840
20,020
13,600
5,100

00
00
00
20
00
00
00
00
00
87
00
50
00
00
00
00
00
00
00
00
87
00
00
00
00
OQ
00
00

$384,918 44

152

[Jan.

BANK C01\L\1ISSIONERS' REP ORT.

HOOSAC SAVIN GS BANK - NORTH ADAMS.
Incorporated 1871. Number of corporators, 42.
Treasurer, C. N.
0. A. ARCHER, President.

INGALLS.

STATEMENT .

Lia.BILITIES.

Deposits .
.
Earning undivided
Guarant,y fund .
Individual account

ASSETS.

$ 140,006
575
1,160
30

10
81

00
00

Public funds
Bank stock .
.
.
.
Real estate by fore closure .
Loans on real estate .
.
Loans 011 per onal security,
Expense account.
Property account
Casl.t on hand

$ 141,771 91

$7 805
5,020
lG,174
6-1-,325
24,860

00
00

16
09

04
414 95
443 64:

22,729 03
$141,771 91

Cash on Deposit in Bank: Berkshire National Bank, North Adams

$21,832 97

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$16,174
10,000
1,500
229

Whole amount of interest or profits received or earned •
Rate and amount of each semi-annual dividend for } 2 per cent . j
previou year .
.
.
•
•
.
.
. 2 per cent
l
Time for the dividends fixed by the by-laws: June and December.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4 per cent.
The total amount of loans, with each specified rate of interest:
$5,000, 5 per cent; $7,000, 5t per cent; $77,1 5.13, 6 per cent.
Number of out tandiog loans which are of an amount not
exceeding $3,000 each
70
Aggregate amount of the same .
Number of open accounts .
• 791
Number and amount of deposits received for previous year
661
Number and amount of depo its of and exceeding $300 at any
one time for the previou year
58
Number and amount of withdrawals
• 342
Number of accounts op ned the previous year.
176
Number of accounts clo ed the previou year •
• 100
Am unt of xpen. e of the corporation during previous year
mount of trea urer's bond
Date of examination by the commissioner: ug. 8.

16
00
00
00

$9,331 64
2,148 87
2,160 53

61,185 13
60,426 7
34,400 47
41, 67 11

1,200 00
20,000 00

PUBLIC DOCUMENT-No. 8.

~882.J

153

PUBLI C FUNDS.

Par Val ue.

Town of P awtucket

.

.

.

$7,000

Estima ted
Market Value.

Amount Invested.

$7,805 00

$7,805 00

$980
4,560 00

$840
4,180 00

$5,540 00

$5,020 00

B ANK S T OCK.

Adams Nat'l Bank, North Adams
.
Berkshire Nat ' l Bank

.

.
.

$700
3,800
$4,500

20

I

154

BANK COMMISSIONERS' REP ORT.

[Jan.

HOPKINTON S AVINGS BANK - HOPKINTON.
Incorpo rated March 23, 1867 . Number of corporators, 29.
A. A.. SWEET, P resident .
Treasurer, E. J. JE~Ks.
STATEMENT .

LIABILITIES.

Deposi ts
Earnings undivided
Guaranty fund .
Rent on real estate

ASSETS.

$291,137
7,475
5,282
108

51
26
01
00

..
.

Public funds
Ba nk stock .
·•
R ailroad bonds .
.
Real estate by foreclosure .
Loans on real estate
Loans on per. onal security,
D eposit in bank on interest,
Cash on hand and in bank,

$ 41,342
63,388
77 247
2,580
105,278
6,80-1
6,361
1,000

50
99
50
33
00
25
21
00

$30-1,002 78

$304,002 78

Cash on Deposit in Bank: Hopkinton National Bank.

$7,361 21

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of ·municipal tax on r eal estate .

$2,580
3,200
216
40

Whole amount of interest or profits received or earned •
•
Rate a?d amount of each semi-annual dividend for }
per cent . {
prev10us year .
.
•
•
.
.
.
24 per cent .
Times for the dividends fixed by the by-laws: May 1 and Nov. 1.
Average annual per cent of dividends fur the term ending at time
of and including last extra dividend: 6½ per cent.
The total amount of loans, with each specified rate of interest:
$15,800, 6 per cent; $96,282.25, 6½ per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 202
Aggregate amount of the same .
Number of open accounts .
978
Number and amount of deposits r eceiv d for previou y ar
766
Number an d amount of depo its of and exceeding $300 at any
one time for the previous year
51
Number and amount of withdrawals.
1
Number of accounts opened the previous y ar .
• 154
Number of accounts closed the previous y ar .
• 15
A.mount of expenses of the corporation durino- pr vio u y ar .
Amount of treasur r's bond
Date of examination by commissioner: May 23.

2t

33
00
00
28

$18,891 20
5,681 89
6,215 49

103,0 2 25
73, 70 84
27 606 41
16,398 0

00 00
5,000 00

155

PUBLIC DOCUMENT- No. 8.

1882.J

PunLIC

FUND .

Par Value.

City bonns: City of Belfast , Me.
of Bangor, Me.
of Rockla.nd, .Me.
of P rovidence, R.I . .
of Newton
of P awtucket, R.I. .
of Portland, Me.

.
.

.
.

.
.
.
.
.
.

.

.
.

.
.
.

$5,500
5,000
2,000
5,000
5,000
10,000
6,000
$38,500

Estimated
Markut Value.

$5,610
6, 050
2,005
5,500
5,900
11 ,000
7,440

00
00
00
00
00
00
00

Amount Invested.

$5,686
5,343
2,060
5,150
5,937
11,1 62
6,002

25
75
00
00
50
50
50

$43 ,505 00

$41,342 50

$11 ,317
1,495
6,756
1, 961
1,871
5,931
7,675
4,617
7,625
4,978
1,440
2,925
5,356
575

$11,023
1,404
6,990
1,965
1,980
5,930
6,832
4,607
7,505
4,657
1,687
2,975
5,331
500

BANK STOCK.

shawmut N at 'l Bank, Boston .
H ide and Leather N at'l Bank ; Boston,
.
R edemption N at ' l Bank, Boston
F an enil H all Nat'l Bank, Boston .
R epublic N at 'l Bank, Boston .
.
C'ontinental N at'l Bank, Boston
A tlantic Nat'l Bank, Boston .
R· evere Nat'] Bank, Boston
.
A tlas Nat'l Bank, Boston
NJorth Nat'l Bank, Bost on
.
E xchange N at 'l Bank, Boston.
.
E verett N at 'l Bank, Boston
p acific Nat' l Bank, Boston
.
N atick Nat' l Bank, Natick
'

..

.
.. .

.

.

.

$9 ,000
1,300
5,000
1,500
1,500
5,000
5,000
3,800
6,100
3,500
1,000
2,500
5,000
500
$50,700

50
00
25
20
25
25
00
00·
00
75
00
00
25
00

$64,524· 45

74
00
00
00
00
00
50
50
00
50
50
00
25
00

$63,388 99

RAILROAD BONDS.

...

.

.

.

Boston and Maine Railroad
.
Old Colony Railroad
Fitchburg Railroad .
Boston, Fitchburg, and Clinton R.R
Boston, Fitchburg, and Cliuton and
New Bedford Railroad *
Salem and Lowell Raib'oad .
Boston, Revere Beach, and Lynn R.R.
Nashua and Lowell Railroad .
Newport and Richford Railroad
.

.

'

$5,000
8,000
8,000
7,000

$6,350
9,910
9,187
8,050

00
00
00
00

$5,185
8,515
8,797
7,947

00
00
50
50

3,000
10,000
10,000
10,000
10,000

3,172
11 ,000
11 ,600
10,325
10,200

00
00
00
00
00

3,135
11,100
11,692
10,375
10,500

00
00
50
00
00

-$71,000

$79,794 00

$77,247 50

* This bank has been notified that the investment in these bonds is illegal,

.. l

156

EDMUND

BANK CO 1:MISSIONERS' REPORT.
HUDSON SAVIN GS BANK - HUDSON.
Incorporated 1869. Number of corporators, 44.
M. STOWE, President.
TreasU1·er, DANIEL W.

[Jan.

STRATTON.

STATEMENT.

LIABILITIES.

Deposits
.
.
Earnings urnlivided
Guaranty fund .

ASSETS.

$267,325 67
1,284 50
2,730 77

Public funds
Bank stock .
.
.
Railroad bonds .
Real estate by foreclosure .
.
Loans on real estate •
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Expense account.
Taxes paid .
.
•
Profit and loss .
Cash on hand and in bank,

$271,340 94

Cash on Deposit in Banks, amount in each:Blackstone National Bank, Boston •
Wachusett National Bank, Fitchburg
North National Bank, Boston •
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •
Whole amount of interest or profits received or earned •
•
Rate a?d amount of each semi-annual dividend for } 2 per cent • {
previous year •
.
•
•
•
•
•
2 per cent
•
Times for the dividends fixed by the by-laws: third Wednesday
in January and July.
The total amount of loans, with each specified rate of interest:
$3,000, 3 per cent; $25,000, 4 per cent; $5,500, 5 per cent; $6,300,
5½ per cent; $96,700, 6 per cent; $9,250, 6½ per cent; $33,225,
7 per cent; $4,400, 7½ per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 168
Aggregate amount of the same •
•
•
Number of open accounts .
1,087
Number and amount of depo its received for previous year • 843
Numb rand amount of deposits of and exceeding '300 at any
one time for the previous year
51
Number and amount of withdrawals
• 472
Number of accounts opened the previous year
200
Number of account clo ed the previous year •
. 107
Amount of expenses of the corporation during previous year
Amount of trea urer's bond
Date of examination by commissioner: May 17.

$34,056
6,106
20,375
800
149,825
6,050

78
00
00
00
00
00

27,500 00
19,300 00
2 25

222 52
903 89
6,199 50
$271,340 94

$5,000 00
16,885 96
2,590 54
$800
800
49
13

00
00
77
00

$14,379 16
4,456 70
4,739 11

134,850 00

69,623 00
28,972 00
60,163 60

685 00
40,000 00

1882.]

PUBLIC DOCUMENT-No. 8.

157

PUBLIC FUNDS,

E~tlmated
Market Value.

Amount Invested.

$10,000

$10,150 00

$10,300 00

$8,000
5,000
3,000
2,000
5,000

$8,560 00
5,'700 00
3,510 00
2,150 00
5,000 00

$33,000

$35,070 00

$34,056 78

$7,125 00

$6,106 00

$5,000
5,000
9,000

$5,475 00
5,750 00
9,900 00

$5,225 00
5,500 00
9,650 00

$19,000

$21,125 00

$20,375 00

Par Value.

.

.

City and town bonds : City of Worcester funded loan
of Fall River water bonds
Town of Northampton
of Natick water scrip
.
of Hopkinton

.
.

United States 6s, extended

.

.

.
.

.

.
.

$8,560
5,225
2,820
2,064
5,087

00
00
00
28
50

BANK STOCK.

State Nat'l Bank, Boston

$5,700

. RAILROAD BONDS.

.

Eastern Railroad
Salem and Lowell Railroad
Fitchburg Railroad 5s. .

.
.

.

.
.

.

--

158

ROBERT

BANK C01\1MISSIONERS' REPORT.

[Jan.

HYDE PARK SAVINGS BANK - HYDE PARK.
Incorporated March 8, 1871. Number of corporators, 37.
BLEA.KIE, P resident.
Treasurer, H ENRY S.

BUNTON.

STATEMENT.

LIABILITIES,

D eposits
.
.
Earnings undivided
Guaranty fund .

ASSETS,

$77,392 37
4,o65 51
607 37

Bank stock .
.
.
.
Real estate by foreclosu re .
Loans on real estate .
.
Loan,; on personal securit.v,
Loans to co11nt ie , cities, or
towns
.
.
.
.
Deposit iu banks on interest,
Expense account.
Cash on hand

$82,665 25

$5,000
3,027
39,lti5
25,625

00
45
00
00

5,000 00
4,052 09
243 19

552 52
$82,665 25

Cash on Deposit in Banks, amount in each: Maverick National Bank, Boston
Commonwealth National Bank, Boston

$3 997 88
54 21

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$3,027
3,700
293
60

Whole amount of interest or profits received or earned •
Rate and amount of each semi-annual dividend for } 2 per cent •· {
previous year .
.
.
.
.
.
.
. 2 per cent
Times for the dividends fixed by the by-laws: Jan. 1 and July 1.
Tbe total amount of loans, with each specified ra te of interest:
$5,000, 5 per cent; $25,625, 6 per cent; $28,815, 7 per cent;
$10,350, 8 per cent.
Number of out tanding loans which are of an amount not
exceeding $3,000 each
33
Aggregate amount of the same .
Number of open accou nts .
537
Number and amount of depo it received for previou year
740
Number and amonnt of depo it of and exceeding$, 00 at any
one time for the previou year
53
Nu mber and amount of withdrawals
• 4 9
umber of accounts ope n d the previous year
176
Number of accou nts clo eel the previou year .
6
Am unt of exp n
of the corporation during previ us year
Amount of trea urer' b nd
Date of examination by commissioner: March 26.

$4,286 68
778 66
1,037 14

45
00
00
33

34,790 00
64,218 16

33,33!3 42
32,133 07

rs

54
10,000 00

1882.J

PUBLIC DOCUMENT-No. 8.
BA

K STOCK.

'

Commerce Nat'l Bank, Boston
Freeman's Nat 'l Bank, Boston
First Nat'l Bank, Newbw-yport

159

.
.

Par Value.

E~tl mated
Ma rket Value.

Amount Invested

$1,000
1,300
2,700

$1,290 00
1,547 OU
4,050 00

1,000 00
1,300 00
2,700 00

$6,887 00

$5,000 00

----$5,000

160

BANK COMMISSIONERS' REPORT.

[Jan.

INSTITUTION FOR SAVINGS I
ROXBURY AND ITS VICINITY BOSTON.
In corporated Feb. 22, 1825. Number of corporators, 48.
ARTHUR W. T UFTS, P resident.
Treasm·er, Enw ARD RICHARDS.
STATEMENT.

LIABILITIES.

Deposits
.
.
Earnings undiYided
Guaranty fund .
Profit anu loss

ASSETS.

$2,683,155
12,737
53,000
30,960

91
99
00
00

Public funns
Bank stock .
.
Loans on bank stock
Ra.ilrol'lrl bonds
Real estate .
.
.
.
Real estate hy foreclosure .
Loans on real estate .
.
Loam, on personal secnrit.y,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit. in ba11ks on interest,
Cash on hand

$2,779,853 90

Loans on Bank Stoek, amount on each : On 10 shares P eople's National Bank, Boston
On 2 shares Gloucester National Bank, Gloucester
Cash on Deposit in Banks, amount in each: Exchange National Bank, Boston
:Manufacturers' National Bank, Boston
Security National Bank, Boston
Hamilton National Bank, Boston
Market National Bank, Boston .
Amount inve ·ted in r eal e tate (for banking purpo -es)
E stimated value of the ame
Amount of real e tate ueld by foreclosure
A . e, sed value (If the ame
Amount of income receiv d from the same
Amount of mu11icipal tax on real e tate .

$279,900
184,H39
700
57 321
2'.000
110,956
876,560
905,718

00
97
Oil
7a

00
00
00
01

12,000 00
310 649 02
39 409 17
$2,779,853 90

$500 00
200 00
$179,914
9,542
100,000
17,433
3,759

07
07
00
33
55

$2,000
29,700
110,956
86, 00
3 066
1,206

00
00
00
00
00
52

·whole amonnt of inter e tor profit received or earn ,J
149, 25 44
Rate and amount of each semi-annual divid nd for I 2 per cent • { 4 ,151 04
previou yPar .
.
.
.
.
.
.
. ( 2 per cent
49,979 "o
Tim es for th divid nd fixed by the by-laws: third Wedu c day iu
April and O('touer.
Average annual p r cent f dividend for the t rm 11cling at time
of a nd incllldin(l' last xtra clivid ntl: 6½ p r nt..
Tl1e total amount of Joan , with a h pe ified rat of int r t:
$ii5,00 , :; p r c •11t; .·. - 000, 3½ per
nt· "':204,300 4 p r
nt;
. '290,000 4t per
11t; $41 ,4 2.' .-, 5 p r c nt; $i7 000 5¼ p r
cent; $446,115.06, 6 per c nt; $ 107150, 6½ p >1· 11t; $: 15 l O, 7
per cent j $-,000, 7f p r cent; $6,100, 7 i3rf per C nt j $600,
p r
cent,
Number of out tanding loans which are of au amount not
exceeding $3,000 each
76

161

PUBLIC DOCUMENT-No. 8.

1882.J

Ao-gregate amount of the same .
$134,478 01
Numb r of open accounts .
7,351
Number and amo unt of depos its received for previous year, 7,527 550,259 00
Nu mbe r and amount of deposits of and exce ding $300 at any
. 446 261,331 00
one time fo r the previou year
Number and amonnt of wiLlldrawals
5,457 450,529 20
Number of accounts opened the previous year .
1,489
Number of accounts closed the previous year .
888
7,945 27
Amount of expenses of the corporation during previous year
20,000 00
Amount of treasurer's bond
Date of examination by commissioner: March 25.
PUBLIC FuJSDs.
Par

Value.

Estimated
Amount Invested.
Market Value.

$190,000 $212,800 00

United States 4-½s
State and city bonds : State of Maine
City of Boston 6s
of Boston 4s
of Boston

$3,000
51,000
30,000
1,000

$3,000
61,200
30,900
1,000

00
00
00
00

$275,000 $308,900 00

$195,000 00
$3,000
51,000
30,000
900

00
00
00
00

$279,900 00

BANK STOCK,
First Nat' l Bank, Danvers,
Atlas N at'l Bank, Boston
North N at'l Bank, Boston
State N at' l Bank, Boston
Market N at'l Bank, Boston
Second Nat'l Bank, Boston
Commerce Nat'l Bank, Bost on
Atlantic N at'l Bank, Boston
Revere N at 'l Bank, Boston
F irst Nat'l Bank, Boston
Rockland Nat' l Ba~k, Boston.
People's Nat'l Bank, Boston
·washington Nat 'l Bauk, Boston

$1,500
6,000
25,700
2,300
2,500
5,500
1,500
5,000
15,000
20,000
17,300
21,000
51,000

.

$1,900
7,500
36,494
2,875
2,725
8,005
1,845
7,650
18,300
41,400
24,220
34,020
71,400

00
00
00
00
00
00
00
00
00
00
00
00
00

$174,300 $258,634 00

$1,500
6,000
25,680
2,300
2,500
5,500
· 2,000
5,000
15,000
20,000
19,430
21,000
58,729

00
00
47
00
00
00
00
00
00
00
00
00
50

$184,639 97

RAILROAD BONDS.
0 ld Colony
B oston and
B oston and
B oston and

Railroad
.
Providence Railroad
Albany Railroad
Maine Railroad .

.

21

.
.
.

$16,000
12,000
17,000
6,000

$20,000
15,240
21,590
7,620

$51,000

$64,450 00

00
00
00
00

$17,760
13,614
19,240
6,706

39
67
42
25

$57,321 73

\

162

BANK COMMISSIONERS' REPORT.

[Jan.

I

STITUTION FOR SAVINGS IN NEWBURYPORT AND ITS VICINITY
- NEWBURYPORT.
Incorporated 1820. Number of corporators, 80.
EDWARD S. MOSELEY, President.
Treasurer, RICHARD STONE.
STATEMENT.

LiaBILITIES.

Deposits
Earnings nndivided
Guaranty fund .

.

$4,234,123 74
26,793 04
90,000 00

ASSETS.

Pub1ic funds
Loans on public funds
Bauk st ock
Loans ou bank stock
Railroad bonds
Real estate
. . .
Real estate by forecl osure .
Loans on real estate
Loans on personal security,
L oans to counties, cities, or
towns.
Deposit in banks on interest,
Cash on hand

$914,000
8,500
922,120
1,450
140,000
15,000
114, '20
1,020,122
985,310

.

.

- -- --

.

00
00
00
00
00
00
98
00
00

193,500 00
35,678 42
415 38

----$ 4,350,916 78

$ 4, 350,916 78

L oans on Public Funds: On $8,500 United States bonds

$8,500 00

L oans on Bank Stock, amount on each: On 6 shares First National Bank, Newburyport
On 10 shares First National Bank, Merrimac

$550 00
900 00

Cash on Deposit in Banks, amount in each: First National Bank, Newburyport .
Mechanics' National Bank, Newburyport .
Ocean National Bank, Newburyport.
National Bank of Redemption, Boston

$3,615
20,000
12,000
63

13
00
00
20

$15,000
20,000
114, '20
10 ,900
2,32
1, 23

00
00
9
00

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of incom e received from the same
Amount of municipal t ax on real estate .

•

Whol e amount of intere tor profits receiv ct or earned
Rate a~d am ount of each emi-annual <livid nd f r } 2
prcv1ou y a r .
.
.
.
.
.
.
2
Time fo r th di vidends fix ed by the by-law : fourth
April and
tober.
The total am u n t of loan , wi th each p ifi d ra te
$155 ,000, 3½ p r c nt ; $2,000, 3~ per c nt; $50,000,
$30,000, ~k per ent; $275,000, 4 per ent; $175, 00,

$242,720 01
p r nt . J 79, 265 9
per cent . 1 1,147 29
edn day in

of int re t:
; per
nt;
4¾ per cent;

7
31

1882.J

163

PUBLIC DOCUMENT-No. 8.

$496,300, 4-½ per cent; $65,000, 4J per ent; $265,900, 5 per cent;
$7,000, 5¼ per cent ; $243,500, 5½ per cent; $1,262,5 2, 6 per c nt;
$67,200, 6½ per cent; $17 ,400, 7 p r cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 eacll
342
Aggregate amo un t of the same .
$!345, 762
Number of open accounts .
9,696
Number and amount of deposits received for previous year, 4,683 494,583
Number and amoun t of deposits of and exceeding $300 at any
one time for th e previous year
. 398 219,463
Number antl amount of withdrawals
4,286 440,065
Num ber of accounts opened the previous year.
1,142
Number of accounts closed the previous year .
689
Amount of expenses of the corporation during previous year .
7,456
Amount of treasurer' s bond
20,000
Date of examination by commissioner: June 6.

00
46
13
45

81
00

PUBLIC FUNDS .

Par Value.

I

.

United States bonds
City and town bonds : City of Charlestow n 6s
of Holyoke 6s.
of Lynn 6s
.
of Springfield 7s
of Nashua, N .H., 6s
of Hartford, Conn ., 6s
of Concord, N.H., 6s
of Newburyport 5s .
of Newburyport 6s .
of Lewiston, Me., 6s
of Worcester 5s
of Bangor, Me , 7s •
of Lawrence 5½s
of Portland, Me., 6s
Town of W ake:field 6s .
of Groveland 5s.
of Melrose 7s

.

.

. .
.
.

.
.

.
.

.
.
.
.
.
.
.
.
.
.
.
.
.

.
.

.
.
.
.

.

..
.
.

Estimated
Market Value.

$300,000 $320,631 00
$35,000
25 ,000
75,000

4o,ono

50,000
5,000
35,000
6,000
183,000
10,000
4,000
25,000
25,000
60,000
11,000
17,000
8,000

$40,950
31 ,250
94,500
54,000
59 ,000
5,750
40,600
6,120
206,790
11,200
4,020
31,250
25,875
65,400
11,110
17,850
10,080

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$914,000 $1,036,376 00

Amount Invested.

•

$300,00 00

$35,000
25 ,000
75 ,000
40,000
50 ,000
5,000
35,000
6,000
183,000
10,000
4,000
25 ,000
25,0.00
60,000
11,000
17,000
8,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$914,000 00

BANK STOCK.

Atlantic Nat'l Bank, Boston .
Atlas Nat'l Bank, Boston
.
Blackstone N at'l Bank, Boston
Boston N at'l Ban~, Boston
.
Old Boston Nat'l Bank, Boston
City N at'l Bank, Boston .

$12,200
75 ,000
4,700
3,700
10,000
10,800

$18,788
93,750
5,405
4,736
12,200
13,701

00
00
00
00
00
00

$12 ,200
75 ,000
4,700
3,700
10,000
10,800

00
00
00
00
00
00

16-!

BANK COl\!Ii\lISSIONERS' REPORT.

[Jan.

BA1'K STOCK - Concluded.
Par Value.

Columbian Nat'l Bank, Boston
Comm rce ~ at 'l Bauk, Boston
Commomvealtb Nat'l Bauk, Boston,
E agle ~at'l Bank, Boston
Eliot N at'l Bank, Boston
Exchange Nat'l Ba11k, Boston
Faue uil Hall N at'l Bank, Boston
First .Nat'l Bank, Boston
Freeman's N at' l Bank, Boston
Globe xat'l Bank, Bosto11
Halllilton Nat' l Bank, Boston.
.
Hide nnd Leather r~at'l B'k, Boston,
Howard l\'at'l Bank, Boston
Market :Nat'l Bank, Boston
l\lassachu etts i"lat'l Bank, Boston .
·l\faverick Nat'l Bank, Boston .
Merchants' Nat' l Bank, Boston
.
Kew E11gfand Nat'l Bank:, Boston
North Nat'l Bank, Boston
North America Nat'l Bank, Boston.
Red emption Nat'l Bank, Boston
Revere Nat'l Bank, Boston
tiecond Nat'l Rank, Bo.ton
Shawmut N at'l Bank, Boston .
Shoe and Leather Nat'l B'k, Boston,
State N at'l Bank, Boston
Suffolk N at'l Bank, Boston
.
Traders' Nat'l Bauk, Boston
Tremont Nat'l Bank, Boston
Union Nat'l Bank, Boston
"\Vashington Nat'l Bank, Boston
Webster N at' l Bank, Boston .
.
Mechanics' Nat'l B'k, Newburyport,
Merchants' Nat'l B'k, Newburyport,
Ocean Nat'l Bank, Newburyport
First Nat'l Ba nk, r ewburyport
Gloucester Nat'l Bank, Gloucester

$30.000
2~,100
25,000
2 GOO
7,4U0
10,0U0
2-!,000
10,000

E timnted

13.300
15,000
15,000
26,700
50,800
8,250
20,000
17,300
l ll,000
30,:2U0
6,000
25,800
37,500
48,000
20,000
40,000
6,900
22,500
27,200
45,000
20,800
35,300
20,000
21,500
24,520
5,250
2, 00
6,000

00
00
00
00
8, ' O 00
14,400 (IQ
31,440 00
~0, 800 00
32,400 00
14. '96 00
16,950 00
J 7,475 00
3-!,710 00
55,880 00
10,230 00
50,000 00
25,431 00
1-1 ,500 00
4:2, 8-1 00
6,900 00
34,830 00
45,750 00
72 ,960 00
25,600 00
45,200 00
8,625 00
27 450 00
27, 7-14 00
54 900 00
32,032 00
49,420 00
22,400 00
~9,240 00
36,7 0 00
7,350 00
4,3(38 00
7,920 00

$92:..., 120

'1,214, 77!) 00

27 ,ouo

Amount luve ted.

e1l arkeL Value.

$42,900
2 5U9
30 125
3-!,320

'

$30 000
2:2, 100
25.000
28,600
7,400
10 000
2-1,000
10 000
27,000
13,300
15.000
15,U0U
26,700
50,SOU

8,250
20,000
17 30U
10.000
~W,200
6,000
25,800
37,500
48,000
2(),000
40,000
6,900
22,500
27,200
45 000
20 800
35 300
20 000
21,500
2-1,5-0
5 250
2, "00
6,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

RAILROAD BONDS.

Eastern Ra.ilroad
J>rovid nee and \Vorce Ler Railroad.

$5l5 000 ·00
107 ,000 00

$-10,000 00
1 0,000 00

$150,000 $102,000 00

140,000 00

$50,000
100,000

1882.]

PUBLIC DOCUMENT-No. 8.

IPSWICH S VINGS BANK - IP WICH.
umb er f corporators, 20.
Incorponttml March, 18@.
JosEPFI Ros , P1·esiclent .
Trea, '1/?'e1·, THEODORE F.

165

COGSWELL.

STATF.lVmNT.

I

LL\ l3IL!Ttri:S .

Deposits
.
.
Earnings nnclivicled
Guaranty fund .

$191,108 ~)3
4,018 47
1,805 00

P nl>lic funds
.
Loaus on puuli c funds
Bm1k stock .
.
.
L oanf; on real estate .
.
Loans on perso na l security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in bank on interest,
Cash on hand

$ 19G,932 40

Loans on Public Funds: -:-On $1,000 City of Newton coupon bond
Cash on Deposit in l?ank: First National Bank, Salem

$16,960
800
47. 12.r5
!:!8,253
20,540

00
00
00
00
00

1,000 00
10,575 00
1,679 40
$ 196,932 40

$800 00

$11,137 45

Whole amount of interest or profits received or earned
$11,440
Rate a~d amount of each semi-annual dividend for t 2 per cent
. { 3,346
prev10us year .
.
•
.
.
•
.
~ 2 per cent
.
3,594
Times for the dividends fixed by the by-laws: fourth Wednesday in
January and July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4 per cent.
The total amount of loans, with each specified rate of interest:
$4,000, 4½ per cent; $500, 5 per cent; $3,000, 6 per cent; $27,183,
6½ per cent; $85,910, 7 per cent.
Number of outstanding loans which are of an amount not
189
exceeding $3,000 each
Aggregate amount of the same
116,593
Number of open accounts .
972
Number and amount of deposits received for previous year
836
55,811
Number and amount qf deposits of and exceeding $300 at any
one time for the previous year
46
21,293
Number and amount of withdrawals
• 570
49,298
Number of accou nts opened the previous year .
• 196
Number of accounts closed the previous year .
108
Amount of expenses of the corporation during previous year .
457
Amount of treasurer's bond
25,000
Date of examination by commissioner: June 8.

31
75
22

00
57
00
88

75
00

166

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

.

United States 4½s, registered
City and town bonds: City of Bangor, Me., 6s .
of Bath , Me., 6s
of Manchester, N . H., 6s .
of Manchester, N .H., 6s.
of Providence, R. I., 5s
of Dover, N.H., 6s .
.
Town of Provincetown 5s
.

.

.
.
.

.

Pa r Value.

Estimated
Ma rket Val ue.

.A.mount Invested.

$11,000

$12 ,430 00

$11,000 00

$1,000
1,000
500
100
2,000
500
1,000
$17, 100

$1,100
1,000
585
117
2,330
585
1,150

00
00
00
00
00
00
00

$19,297 00

$930
930
500
100
2,000
500
1,000

00
00
00
00
00
00
00

$16,960 00

BANK STOCK.

.

Salem N at' l Bank, Salem
Naumkeag Nat' l Bank, Salem
Mercantile Nat' l Bank, Salem.
First N at' l Bank, Salem .
Asiatic Nat' l Bank, Salem
Merchants' N at'l Bank, Salem
Exchange Nat'l Bank, Salem .
Merchimts' N at' l Bank, Boston
Republic Nat'l Bank, Boston .
Second N at'l Bank, Boston
.
Atlas N at'l Bank, Boston
Commerce Nat'l Bank, Boston
Union Nat'l Bank, Boston
Globe Nat'l Bank, Boston
Revere Nat'l Bank, Boston
Howard Nat'l Bank, Boston
Pacific N at'l Bank, Boston
New England N at' l Bank, Boston
Gloucester N at'l Bank, Gloucester

.
.

.

.

.
.
.
.

.

.

.
.
.

.
.

$2,100
1,900
1,900
4,300
690
1,800
1,300
3,600
2,500
400
1,000
400
2,400
2,500
800
2,000
4,000
4,000
500
$38,090

$2,520
2,945
2,375
5,375
1,035
2,520
1,625
5,256
3,125
606
1,250
516
3,678
2,787
972
2,610
4,200
5,940
675

00
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00

$50,010 50

$2,310
2,698
2,090
4,945
920
2,412
1,456
5,004
3,150
580
1,175
400
3,360
2 500
800
2 400
4,260
6 000
665

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$47,125 00

188~.]

MILTON

167

PUBLIC DOCUMENT-No. 8.
LAWRENCE SA VIN GS BANK - LA WR ENCE.
I ncorporated March 10, 1868. Number of corporators, 81.
BONNEY, President.
T1·easurer, WILLIAM R.

SPALDING.

STATEMENT.

LI AB I L I Til!:S.

Deposits
.
.
E a rnings un divided
Guaranty fu nd

.ASSETS,

$335,001 08
19,447 3(-i
4,746 04

Public funds
Bank stock
Rail road bonds .
.
.
Real estate by foreclosure .
Loans ori real estate .
.
Loans on personal security,
Deposit in banks on inter est ,
E x pense account .
.· !
Cash on hand

$359,284 48

$24,000
73,500
5,000
23,973
157,709
7,129
56,984
1,023
9,963

00
00
00
36
00
85
73
89
65

1$359,284 48

Cash on D eposit in Banks, amount in each: National Bank of the Commonwealth, Boston
Pemberton National Bank, Lawrence

$21,984 73
41,775 95

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$23,973
18,4!50
2,127
295

Whole amount of interest or profits received or earned
••
Rate a?d amount of each semi-annual dividend for} 2 per cent . {
prev10us years
.
•
.
.
.
.
. 2 per cent .
Times for the dividends fixed by the by-laws : Jan. 1 and July 1.
The total amount of loans, with each specified rate of interest :
$5,400, 5 per cent; $37,287.85, 6 per cent; $122,151, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
. 168
Aggregate amount of the same •
Number of open accounts .
1,332
Number and amount of deposits received for previous year, 1,115
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
76
Number and amount of withdrawals
• 812
Number of accounts opened the previous year .
• 291
Number of accounts closed the previous year •
• 313
Amount of expenses of the corporation during previous year
Amount of treasurer' s bond
Date of examination by commissioner: March 30.

$20,360 55
6,32: 69
6,35D 23

36
00
59
20

122,188 85
94,746 12
42,377 12
84,791 79

1,600 00
10,000 00

168

[Jan.

BANK COMMISSIONERS' REPORT.
PUBLIC FUND .

E timntecl

Par Value.

United tates 4s
"
" 6s

.
.

.

City bonds: City of Lawrence 6s

.

BA

l\'.Iark PL Va ine.

$22,000
1,000

$25,547 50
1,300 00

$1,000

$1,210 00

$24,000

$28,057 50

$2,700
2,300
5,600
4,000
2,100
1,500
5,400
8,900
1, 000
2,400
2,000
10,300
3,400
2,000
2,700
700
5,500
1,600
2, r-:00
2,900
4,000
$7' ,500

Fitchbur Railr acl .

$22,000 00
1,000 00
$1,000 00

--

$24,000 00

JK STOCK.

Commerce Nat'l Bank, Boston
.
North America Nat'l Bank, Boston.
Mark t Nat'l Bank, Boston .
Pemb rton Nat'] Bank,· Lawrence
Trader ' N at'l Bank, Boston
Howard Nat'l Bank, Bo ton
State N ·:tt'l Bank, Bo. ton
"vV bster Nat'l Bank, Bo ton
City Nat'l Bank, Bo ton .
Eliot at'l Bank, Bo ton.
Atla Nat'l Bank, Bo ton
Hid and L ath r N at'l B 'k, Bo ton .
Third at'l Bank, Bo ton
.
Merchant ' N at'l Bank, Boston
Comm nwealth Nat'l Bank, Boston,
Lawrenc Nat'l Bank, Lawr nee
C ntral N at'l Bank, Boston
First Ward N at'l Bank, Bo ton
Fourth at'l Bank, Bo ton
Black tone at'l Bank, Boston
Tr rnont Nat'l Baul~, Boston .

R

Amount Invested.

1Ln A

Bo

1

$3,476
2 645
6,202
5,400
2,142
1 952
6,777
9,923
1,270
2, 86
2,500
11,999
3 62 1
-,9'.20
3,36 1
735
6,600
1,920
.., 750
3,3· 5
4, 0

25
00
00
00
00
00
00
50
00
00
00
50
00
00
50
00
00
00
00
00
00

$2,700
-,300
5,600
4,000
2,1 0
1 500
5 400
,900
1,000
- 400
2 000
10 300
3,40
-,000
2,700
700
5 500
1,600
- 500
2 900
4,000
I

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

73,500 00

.

$5,000

$5,000 00

PUBLIC DO UMENT-No. 8.

1882.J

LETG SA VTNG,' BANK -

I n orporaLecl Ma. r·cl1 13, 1852.
HARRISON GAttFrnLo,

P i·esident.

109

LlGrn.

Nnmhor of c rpol'i:tf,o rs, 713.
Tl'easu,l'e1·, Jo11N L .

KrLBON.

TATEMICNT,

AS Slt'rS,

LIADILITI&S,

Deposits

.

.

Earnings undivi ded

Guaranty .funcl .

$518,:3~:) 57

n,04!J oo

10,000 00

Pnblic funcl s

Ba11k st,o ·k .
.
Loa m, on l mn k stock .
.
Real estat by fo reclosure .
Loa11s on real estate .
.
Loans on I ersonal security,
Loarn1 to co unti es, citi es, or
towns.
.

Expense acco nnt
Preminm accou nt

.

.

$fl2,000 00
110,200 00
700 00
4,821 5H

2n;,,m1D 77
24,5H2 uO

20,000 00
5B4 32
14,171 25

Cash on der osit in Lee N a-

tional Bank

$537,382 57

Loans on Bank Sto'ck: On 11 sh ares L ee National Bank, L ee

7,233 67
$537,382 57

$700 00

Cash on Deposit in Bank: L ee National Bank, L ee

$7,233 67

Amount of real estate h eld by foreclosure
Assessed value of the same
Amount of income r eceived from the same
Amount of municipal tax on real estate .

$4,821
4,925
42
54

56
00
80
03

Whole amount of interest or profits received or earned
$35,277
Rate a~d amount of each semi-annual dividend for } 2 per cent
•j
9,610
previous year .
.
.
.
•
•
.
2 per cent
. 1 10,054
Times for th e dividends fixed by the by-laws: May 31 and Nov. 30-.
Average annual per cent of dividends for the t erm ending at time
of and including last extra dividend: 5fo per cent.
The total amount of loans, with each specified rate ·of interest:
.$5,000, 5 per cent; $303,391.77, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
264
Aggregate amount of the same •
209,289
Number of open accounts .
1,629
Number and amount of deposits received for previous year, 1,144
81,822
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
64
33,696
Number and amount of withdrawals
817
87,984
Number of accounts opened the previous year .
• 225
N umber of accounts closed the previous year •
188
Amount of expenses of the corporation during previous year
1,606
Amount of treasurer's bond
10,000
Date of examination by commissioner: Aug. 1.

55
81
81

22

75
43
91
20

25
00

170

BANK COMMISSIONERS' REPORT.
PuBLIC

[Jan.

Fu~ns.
Par Value.

E timated
Ma rket Value.

A.mount Invested.

.

$40,000

$15,200 00

$40,000 00

State, city, and town bonds: State of Massachusetts 5s
City of Springfield 7s
of Boston 4s and 5s .
of Hartford, Conn., 4is .
Town of Sandisfield 7s .

$20,000
10,000
10,000
2,000
10,000

$23,500
12,100
10,530
2,140
10,000

$20,000
10,000
10,000
2,000
10 ,000

United States 4½s

.

.
.

.

.
.

00
00
00
00
00

$92,000 $103,470 00

00
00
00
00
00

$92,000 00

BANK STOCK.

.
Lee N at'l Bank, Lee
Adams Nat'l Bank, North Adams
First Nat'l Bank, Adams
Pittsfield Nat'l Bank, Pittsfield
Housatonic Nat'l B'k, Stockbridge,
Everett Nat'1 Bank, Boston
•
Continental N at'l Bank, Boston
Massachusetts Nat' l Bank, Boston
Hamilton N at'l Bank, Boston .
First N at'l Bank, Boston.
Merchandise Nat'1 Bank, Boston .
.
Atlas Nat'l Bank, Boston
Atlantic Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Eagle Nat'l Bank, Boston
Revere Nat'l Bank, Boston
State Nat'1 Bank, Boston
Webster Nat'1 Bank, Boston .
Commerce Nat'l Bank, Boston
Redemption Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
Republic Nat'l Bank, Boston .
.
North America Nat'l Bank, Boston .

.

.

.
.

.

.
.

.

$18,900
7,000
3,300
6,000
5,000
1,500
2,300
2,500
1,000
10,000
5,000
2,800
1,000
6,500
6,800
4,000
1,500
3,500
5,500
5,000
1,000
1,000
9,100

$22,950
9,800
5,115
9,360
7,500
1,740
2,714
3,100
1,230
20,700
5,500
3,500
1,535
7,475
8,160
4,840
1,875
3,920
7,040
6,250
1,200
1,250
10,374

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
.00
00

$110,200 $147,128 00

$18,900
7,000
3,300
6,000
5,000
1,500
2,300
2,500
1 000
10,000
5,000
2,800
1,000
6,500
6, 00
4,000
1,500
3,500
5,500
5,000
1,000
1,000
9,100

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$110,200 00

1882.]

L OR Y

S.

171

P UBLI C DOCUMENT-No. 8.

W

LEICESTER A VINGS BANK - LEICESTER.
Incorporated 1 69. N nmber of corporators, 43.
Treasurer, D. E .
AT SON, P 1·esident.

MERRIAM.

STA T EMENT .

.

LI Al HLITJES •

D eposits
E arnin gs undivided
Guaranty fund

.
.

ASSETS.

I
$300,739 73
8, 125 04
5,245 76

P ubli c fund s
Bank st oc k
Loans on hank stock
Railroad bonds
Real estat e by foreclosure .
Loans on real estate
Loans on person al security,
Deposit in bank on interest,
E xpense acco un t .
Premium account

$81,806
4!-l, 84!-J
1,000
3,030
1,100
140,255
11,550
22,787
3
2,729

.

.
. .

----$314,110 53

----$314,110 53

Loans on Bank Stock: On 10 shares Leicester, N ational Bank, L eicester
Cash on Deposit in Bank:Leicester National Bank, L eicester

25
12
00
00
00
38
00
24
00
54

$1,000 00

•

Amount of real estate h eld by foreclosure
Assessed value of the same
Amount of municipal t ax on real estate .
Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for } 2 per cent . {
previous year .
•
.
.
.
.
.
. 2 per cent .
Times for the dividends fixed by the by-laws : June 1 and Dec. 1.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4 per cent.
The total amount of loans, with each specified rate of interest:
$28, 550, 5 per cent; $118,095.38, 6 per cent; $5,325, 7 per cent ;
$835, 7-½ per cent; $1,100, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 101
Aggregate amount of the same .
Amount of investments from which no income is received
Number of open accounts .
664
Number and amount of deposits received for previous year
336
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
28
Number and amount of withdrawals
233
Number of accounts opened the previous year.
65
Number of accounts closed the previous year .
49
Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: June 9.

$22,7_§7 24
$1,100 00
900 00
15 12
$15,336 82
5,520 88
5,693 68

91,605 00
1,100 00
27,284 78
13,329 29
22,603 54

1,034 75
10,000 00

172

BANK COMM:ISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

ParYalne.

Estimated
j)Jarket Value.

Amount Invested.

United States 4½s
"
" 4s

$10 ,000
20,000

$ 11,200 00
23,000 00

$10 000 00
20,000 00

City and town bonds : City of vVorcester 6s
of Chelsea 6s .
of Lynn 6s
of Fall River 6s
of Springfield 7s
of Somerville 5s
Town of Natick 7s .

$12.000
8,000
9,000
1,000
2,000
10,000
9,000

$14,040
9, 40
10,GOO
1,240
2,36D
10,800
9,540

$12,000
8,000
9,000
1,000
2.000
10,806
9,000

$8 1,000

$92,620 00

BA NK

.

Eliot N at'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
North N at'l BaQk, Boston
North America N at'l Bank, Boston.
Market Nat'l Bank, Boston
State Nat'l Bank, Boston
Webster Nat'l Bank, Boston
Contin ental Nat'l Bank, Boston
Maverick Nat'l Bank, Boston .
Revere Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
Traders' N at'l Bank, Boston
H oward Nat' l Bank, Boston
L eicester Nat'l Bank, Leicester
Central Nat'l Bank, Worcester
Millbury Nat'l Bank, Millbury

.

.

00
00
00
00
00
00
00

00
00
00
00
00
25
00

$81,806 25

STOCK.
$3,000
5,000
2,0()0
1,200
1,500
5,000
3,000
1,000
1,000
1,500
1,000
2,500
2,500
8,700
2,500
1,100
$42,500

$3,600
5,750
2,840
1,374
1, 650
6,250
3,330
1,1 80
2,500
1,815
1,200
2,540
3,250
10,005
3,500
1,375

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$3,610
5,954
2,425
1,346
1,8 15
5,397
3,1 62
1,150
1,17

1,925
1,100
2,612
2 635
10,697
3,:-25
1,3 14

00
40
00
00
40
50
50
00
75
00
00
50
00
57
00
50

$52, 159 00

$49,849 12

$3,300 00

$3,030 00

RA ILRO AD BONDS.

E astern Railroad 4½s

$3,000

1_882.J

LEONARD

PUBLIC DOCUlVIENT-No. 8.

173

LEOMIN TER SAVINGS BANK - LEOMIN TER.
In orporatccl 1865. Numl,er of corp rutors, -:i5_
Treasiire1·, H. L. Bun.nrrT.
BURHAGE, P1·esiclent.
STATEMENT.

LIABlLITIES.

D epo its
.
.
Earning;:; undi,ided
G uaranty fllud

ASSETS.

$ 615,5;"i8 !12

~srn oH

8,000 00

B::tnk sto('ic .
.
L on11 s on bank Rtock •
.
Rea l estate by fon.. clos nre .
Loans ou n•al e:-;ta.t,e .
.
Loans 011 person al s eC'urit.y,
L oa ns t o eo unties , cit ies, or
t ,O 1Yl1S ,

•

•

•

Deposit in b a nk on in terest,
Expense aCl'OUn t .
.
.
Lo~ms on <i epositors' hooks,
Cash on barnl and in bank,
$ 625,802 01

Loans on Bank Stock: On 37 shares First N ational Bank, L eominster

$ 8!1,225
1,!JOO
18,474
352,480
82,850

00
00
45
00
00

21,700
47,500
2:-15
::mo
11,orn

00
00
79
oo
77

$6:.15,802 01

$1,900 00

Cash on D eposit in Bank:First National B ank, Leominster

$57,500 00

Amount of real estate held by foreclosure
A ssessed value of the same
Amount of income received from the ,:ame
Amount of municipal tax on r eal estate .

$18,474
19,900
843
235

Whole amount of interest or profits received or Parned
.•
Rate a'.1d amount of each semi-ammal _dividend for} 2 per cent
.j
prev10us year ..
.
.
.
.
.
.
2 per cent
•I
Times for the dividends fix ed by t.be by-laws: Jan. 1 and July 1.
Average annual per cent of divid end s for the term ending at time
of and including last extra dividend: 5 per cent.
The total amount of loans, with each specified rate of interest:
$21,700, 4 per cent; $447,620, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
368
Aggregate amount of the same .
Number of open accounts .
1,921
Number and amount of deposits received for previous year, 1,282
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
91
Number and amount of withdrawals
1,034
Number of accounts opened the previous year.
339
Number of accounts closed the previous year .
275
Amount of expenses of the corporation during previous year.
Amount of treasurer's bond
Date of examination by commissioner: May 24.

$!)3,814 69
11,784 :-n
11,soo 69

45
00
00
79

303,820 00
108,229 22
55,739 25
111,960 03

1,820 15
40,000 00

174

BANK CO 1MISSIO ERS' REPORT.

[Jan.

BANK STOCK.

Par Value.

First Nat' l Bank, Leominster .
Safety Fund N°at' l Bank, Fitchburg,
Web ter N at'l Bank, Bo ton
Bo ton Nat' l -Bank, Boston
Traders' Nat'l Bank Boston
Central Nat'l Bank, Boston
Globe N at'l Bank, Boston
Market N at'l Bank, Boston
.
Blackstone Nat'l Bank, Boston
.
.
Eliot Nat'l Bank, Boston
Everett Nat'l Bank, Boston .
Continental Nat' l Bank, Boston
Boylston at'l Bank, Boston .
Eagle N at'l Bank, Boston
.
Pacific N at'l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
Merchandise Nat'l Bank, Boston
Commonwealth Nat 'l Bank, Boston,
North America Nat'l Bank, Boston,

.
.
.
.
.
.

.

.
.

.
.

Estima ted
l\larket Value.

$38,100
8,000
7,500
6,200
2,600
2,700
6,100
1,000
500
2,!)00
3,400
2,000
1,500
1,700
1,000
200
200
1,000
3,000

$39,905
8 960
8,325
7 936
2,652
3,2-lO
6,771
1,090
575
3,000
3,944
2,360
1,920
2,040
1,040
226
218
1,200
3,420

$89,200

$98,822 00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

A.mount Inve ted.

$38 125
,000
7 500
6 200
2 600
2,700
6,100
1,000
500
2 500
3 400
2,000
. 1,500
1,700
1,000
200
200
1,000
3,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$89,225 00

1882.]

HORATIO

175

PUBLIC DOCUMENT-No. 8.
LOWELL FIVE CENTS SAVINGS BANK - LOWELL.
Incorporated 185±. Number of co rr orators, 110.
WooD, Presiclent.
'TteasU't·er, ARTEMAS s.

TYLER.

STATEMENT.

LIABILITIES.

ASSETS.
11

D eposits
.
.
E arni ngs uu ct ivided
Gnaranty fund
Suspense

$1,431.462
143,22(i
21,304
2,000

51
Hl
81
00

Public fnnds
Bank. stock .
Real estate .
.
.
.
Real e tate by fo rt><'los ure .
Loans on real e,-t.ate .
.
Loans on perso nal sevurity,
Loa11s to coun ties, cities, or
t,ow ns.
.
.
.
.
Deposit in hanks on interest,
E xpense acco un t .
.
Loans on bank books .
Cash on hand

$ 1,597,994 23

$72,975
150,571
65,000
436,661
604, 100
151 ,440

00
50
00
30
00
00

42,500
70,350
2,603
liOO
1,192

00
80
33
00
30

$ 1,597,994 23

Cash on Deposit in Banks, amount in each: Prescott N ational Bank, Lowell
Appl eton National Bank, Lowell
National Bank of the Commonwealth, Boston.

$52,867 26
8,644 35
8,839 19

Amount invested in r eal estate (for banking purposes)
E stimated value of the same
Amount of real estate held by foreclo sure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$65,000
6:5,000
436,661
310,100
13,772
4,763

'\il;'hole amount of interest or profits received or earned
Rate a~d amount of each semi-annual dividend for } 1 per cent
.{
prev10us year .
.
.
.
.
·
.
2 per cent
.
Times for the dividends fixed by the by-laws: January and July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4J per cent.
The total amount of loans, with each specified rate of interest:
$4,000, 3 per cent; $9,500, 3¼ per cent; $2,000, 4 per cent; $2,000,
4¼ per cent; $49,000, 4½ per cent; $50,000, 4¾ per cent; $162,000,
5 per cent; $6,000, 5-½ per cent; $379,340, 6 per cent; $60,400, 6½
per cent; $66,600, 7 per cent; $1,300, 7 lu per cent; $5,700, 7½ per
cent; $800, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
71
Aggregate amount of the same •
Amount of investments from which no income is received
Number of open accounts .
6,901
Number and amount of deposits received for previous year, 1,679
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
91

$91,974 34
16,063 88
29,620 53

00
00
30
00
15
29

103,340 00
50,161 30
145,924 49
51,254 79

176

BANK COM1\1ISSIONERS' REPORT.

[Jan.

Number and amount of wi thdra wal
3,310 $396,579 54
Number of account opened the pre,iou year .
. 502
Number of accounts closetl the previous year .
1,567
6,952 21
Amount of expen es of the corporation during previous year
30,000 00
i\.mount of trea tu·er s bond
Date of ex~mlnatiou by commi sioner : June 21.
PUBLIC FUNDS.

Pa r Value.

City and town bonds: City of Cambridge .
of Charlestown
of Lawrence .
of Lowell.
.
Town of Plymouth .

.
.

.
.

.

E tima ted
1\farket Value.

$15,000
10,000
10,000
35,000
5,000

$16,500
10,900
10,600
40,250
5,350

00
00
00
00
00

$75,000

$83,600 00

Amount I nvested.

$15,000
10,000
10,000
32,975
5,000

00
00
00
00
00

$72 ,975 00

BANK STOCK.

A.tlas Nat'l Bank, Boston
Blackstone Nat' l Bank, Boston
Boylston Nat'l Ba.nk, Boston .
Coi:itinental Nat'l Bank, Boston
City Nat'l Bank, Boston .
Commerce Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
Eliot N at'l Bank, Boston
Eagle Nat' l Bank, Boston
Exchange Nat'l Bank, Boston.
Everett Nat'l Bank, Boston
Freeman's Nat'l Bank, Boston
Globe Nat'l Bank, Boston
H amilton Nat'l Bank, Bo. ton .
Hide and Leather Nat'l B 'k, Boston,
North America Nat'l Bank, Boston.
Revere Nat' l Bank, Bo ton
R edemption Nat' l Bank, Boston
State Nat' l Bank, Bo ton
uffolk Nat'l Bank , Boston
Second Nat'l Bank, Bo. ton
Shawmut Nat'l Bank, Bo ton .
Shoe and Leather Nat'l B'k, Bo. ton,
T remont Nat'l Bank , Bo ton
Union Nat'l Bank, Boston
ashing ton at'l Bank. Boston
Fir t at'l Bank, Lowell
Old Low 11 at' l Bank, L well
1erchant ' at'l Bank, L w 11
l r scott at'l Ba,nk , Lowell .
R ailroad Nat'l Ba uk, Low 11

,v

$3,900
4,500
5,200
7,000
1,300
1,400
1,000
5,000
2,800
1,000
400
5,000
5,200
3,400
1,500
9,000
2,700
5,600
2,000
9,200
2,500
500
1,000
7,100
2,200
900
,500
,300
3,500
1:3,500
15,000

$4,875
5,175
6,656
8,295
1, 65 1
1,802
1,245
6,0 12
3,353
1,440
468
5,987
5,798
4 -07
1,H7
10,350
3,-94
7,5 8
2,5 10
11 -01
3,7 7
637
1,130
,662
3,377
1 ~60
12,750
9 960
4 655
1 ,-r
1 ,150

- -- - - - -

00
00
00
00
00
50
00
50
00
00
00
50
00
50
50
00
00
00
00
00
50
50
00
00
00
00
00
00
00

oo

00

$110,100 $176,250 50

$3 900
4,500
5 200
7,000
1,300
l, 100
1,000
5 000
2 800
1,000
400
5,000
5,200
3,400
1,500
9,450
2 700
5,600
2 000
9,200
2,500
500
1,000
7 100
2,200
900
11,305
10,970
3 540
16 06
lG,~00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00

----- $150,571 50

1882.J

P UBLIC DOCUMENT - No. 8.

177

LOWELL I NSTITUTION FOR SAVI NGS - LOWELL.
I ncorpo rated 1829. Number of corporators, 64.
T H EOD ORE

E osoN, P resident.

Treasurer,

GEORGE

J.

CARN_E Y .

S T ATEMENT.

LI A BILITIES ,

A SSETS,
I

D eposits
E arnin gs undivided
Guaranty fund •

80
62,629 97
.. $3,510,253
67,187 15

.

----$3,640,070 92

. . .

Public funds
Bank stock
.
Loans on bank stock
Real estate
Loans on real estate
.
Loans to counties, cities, or
t owns.
Deposit in banks on interest,

$980,000
344,200
22,500
20,334
469,630

.
.

00
00
00
06
00

1,305,800 00
497,606 86

----$3,640,070 92

Loans on Bank Stock: On 250 shares Wamesit National Bank, Lowell

$22,500 00

Cash on Deposit in Banks, amount in each:Prescott National Bank, Lowell
First National Bank, Lowell
Wamesit National Bank, Lowell
Merchants' National Bank, Lowell •

$3,000
50,000
80,000
364,606

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of municipal tax on real estate •

•
•

00
00
00
86

$20,334 06
20,334 06
486 70

Whole amount of interest or profits received or earned •
$190,162
Rate and amount of each semi-annual dividend for} 2 per cent . j 57,017
previous year •
.
.
.
•
•
•
. 2 per cent . 1 63,546
Times for the dividends fixed by the by-laws: first Saturday in
May and November.
Average. annual per cent of dividends for the term ending at time
of and including last extra dividend: 7-AJt!--o per cent.
The total amount of loans, with each specified rate of interest:
$65,000, 2 per cent; $100,000, 3f per cent; $75,000, 4 per cent ;
$50,000, 4 ta9-o per cent ; $85,300, 4¾ per cent; $20,000, 4~1l!0 per cent ;
$125,500, 5 per cent; $691,550, 6 per cent; $1,000, 6¼ per cent;
$200,000, 6½ per cent; $229,000, 6-f0- per cent; $ 155,580, 7 percent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each.
39
Aggregate amount of the same •
60,680
Number of open accounts •
9,867
Number and amount of deposits received for previous year, 24,848 933,111
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 691 384,843
~umber and amount of withdrawals
5,393 592,508
23

20
88
07

00
56
00
03

178

BANK COM1\1ISSIONERS' REP ORT.

Number of accounts opened the pre'i"ious year .
2,474
Number of accou11ts closed the previous year •
1,327
Amount of expenses of the corporation during previons year
· Amount of treasurer's bond
Date of examination by commissioner: Oct. 11.

[Jan.

· $5,600 00
20,0G0 00

PunLrc FUNDS,
Estimated
1'11arket Value.

Amount Invested.

$65,000 - $i2,800 00
915,000 932,15G 25

$65,000 00
915,000 00

$980,000 :$.1,004,956 25

$980,000 00

Par Value.

United States 4½s, 1891 •
"
" 5s, extended

.

.

.

.

- - --- - - - - - - - - -- - -

BANK STOCK.

.
Atlas Nat 'l Bank, Boston
.
Boylston Nat' l Bank, Boston
.
Columbian Nat' l Bank , Bosto n
E agle Nat' l Ban k , Boston
.
I◄'reeman 's Nat' l Bank , Boston.
H am ilton Nat' l Bank, Boston .
Merchants' Na t 'l Ban k , Boston
Mount Vernon Nat' l Bank, Boston .
New England :t\at ' l Ban k , Boston
Republic Nat'l Bank, Boston .
Second Nat' l Bank, .Boston
Tremont Nat' l Bank , Boston
.
Un ion Nat' l Bank, Boston
Wasliin gto n Nat' l Ba11 k, Boston
Rai l road Nat'l Ban k, Lowell .
First Nat'} Bank, Lowell .
Merchants' Nat' l Bank, Lowell

.
.

.
.

.
.
.
.
.

.
.
.

$15,000
17,500
17,900
45,000
3,G00
55,U00
34, 100
500
16, 100
24,500
47,l100
15,200
500
3,200
2G,0U0
16,000
6,800

$19,500
22,400
26,134
54,4;30
4,572
68,200
51,150
635
24,633
32,340
72,8-12
19,152
765
4,480
31,200
2-l ,U00
8,500

---

00
00
00
00
00
00
00
00
00
00
00
00
0IJ
00
00
00
00

$344,200 $464,953 00

.,,

'

$15,000
17 500
17,DU0
45 ,000
3,600
55,0U0
3!, 100
500
16,100
24,500
47,300
15,200
500
3,200
26 uoo
16,UU0
6,800

00
00
00
00
00
00
00
00
00
00
00
(10
00
00
00
00
00

$344,200 00

1882.J

H ENRY

179

P UBLIC DOCUMENT - No. 8.

LYNN FIVE CENTS SAVINGS BANK - LYNN.
I ncorporated 1854. Number of orporators, Gl.
A . P EVEAR, P 1·esident.
Treasw·e1·, HENRY E.

NEWHALL.

S T ATEMEN T.

LI AB ILITIES,

ASSETS ,

II
D eposits
.
.
E a rnin gs un diviuecl
Gnarau ty.fuud .

$ 1,55!J,422 67
G7,490 87
HJ,300 00

P ublic fund s
.
.
Loa n!-; on pu blic fnn ds
Ba nk stoc k .
.
.
Loa ns on bank stock .
Ha ilroad bo nds .
Rea l estate .
.
.
.
Heal esta te b y fo reclosure .
L oa ns on real e!-;t at e .
.
L oans on personal securi ty,
Loans to co unt ies, cities , or
town s.
.
.
.
,
D eposit in bank s on inter est,
E xpense acuo uut.
T ax tit.Jes
.
Casll on h and

$ 1,646,219 54

Loans on Public Funds, amount on each: On $75,000 United States 6s, currency
Ou $500 United States 4s •
Loans on B ank Stock, am ount on each: On 85 sh ares First Nat ional B ank, Lynn .
On 6 shares Central Nation al B ank, L ynn
On 10 slia res City National Bank, Lynn •

$ 122,888
75,500
361),588
6,401,)
H,!J83
35,000
2 1,883
705,005
121,116

53
00
97
00
G5
00
40
42
00

79,312
100,433
1,288
423
5,795

50
!)9
20
21
67

$ 1,646,219 54

$75,000 00
500 00
$5,000 00
500 00
900 00

Cash on D eposit in Banks, amount in each : City National Bank, Lynn ,
Maverick Nati onal Bank, Boston
Merchandise National Bank, B oston .
Mount V ernon National Bank, Boston

$27,920
2,513
30,000
40,000

05
94
00
00

A'\'Ilount inv~sted in r eal estate (for banking purposes)
Estimated value of the same
Amount of real estate h eld by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$35,000
35,000
21 ,883
27,s.-10
1,HJ6
1,560

00
00
40
oo
00
78

Whole amount of interest or profits r eceived or earned
$95 ,393 45
Rate a'.1d amount of each semi-annual dividend for t 2 per cent
·. { 26,843 30
previous year .
.
.
.
.
.
.
~ 2 per cent
27,873 85
Times for the dividends fixed by the by-laws : Jan. 1 and July 1.
The to tal amount of loa ns, with each specified rate of interest:
$9,500, 3 per cent; $29,000, 3½ per cen t ; $9.J.,400, 4 per cent ;
$10,500, 4¼ per cent; $75,300, 4½ per cent. ; $25,500, 5 per cent;
$1,200, 5½ per cent; $540,022.97, 6 per cent; $149,898.45, 6½ per
cent; $28,250, 7 per cent; $2,050, 7irJ per 9ent; $22,300, 7½ per
cent.
·

180

BA K C0:\1MISSIONERS' REPORT.

[Jan.

umber of outstanding loans which are of an amow1t not
exceeding $3,000 each
408
Aggregate amount of the same .
$423,109 00
Numbel' of open accounts .
9,046
Number and amount of deposits received for previous year, 11,050 452,360 43
Number an<l amount of deposits of and exceeding $300 at any
one time for the previous year
. 296 134,4 9 00
Number and amount of withdrawals
6,9 18 395,653 42
Number of accounts opened the previous year.
2,120
Number of accounts closed the previous year •
1,493
5,221 42
Amonnt of expenses of the corporation during previous year
30,000 00
Amount of trea ·urer's bond
. . •
Date of examination by commissioner: May 27.
PUBLIC FUNDS.

United States 6s, currency
"
" 4s
State, city, and to wn bonds: State of New H ampshire 6s
of Maine 6s
City of Cam bridge 5s
of Chelsea 6s .
of Cam bridge 6s
of Lynn 6s
of Augusta, Me., 6s
of Providence, R.I., 5s
Town of Brookline, 7s
of Plymouth 7s

Par Value.

Estimated
1\Iarket Value.

Amount Invested.

$50,000
20,000

$66,500 00
23,200 00

$43 127 04
19 ,913 89

$1,000
7,000
2,000
2,000
1,000
5,000
2,000
3,000
10,000
26,000

$1,060
8,120
2,010
2,360
1,0 15
5,375
2, 120
3,075
13,300
27,8:?.0

00
00
00
00
00
00
00
00
00
00

$129,000 $155,955 00

$1,000
7,000
2,000
2 000
1 072
5,000
2 000
3,1 7
10,000
26,587

00
00
00
00
50
00
00
50
00
60

$122,888 53

BANK STOCK.

City Nat'l Bank, Lynn
Central Nat'l Bank, Lynn
First Nat'l Bank, Lynn .
North Nat'l Bank, Boston
Exchan e Nat'l Bank, Boston.
Fir t Nat' l Bank, Bo ton.
Globe Nat'l Bank, Bo ton
Redemption at'l Bank Bo ton
.
Hide and L eath r Nat' l Bank, Boston
Revere Nat' ! Bank, Bo ton
Freeman's at'l Bank, B t n
.
hoe and L ather Jat'l B'k, Bo tau,
'ontin ntal at' l Bank, Bo t n
Traders' at'l Bank, Bo t n
Boylston at'l Bank, Bo. ton
Columbian at'l Bauk, Boston

$32,800
9,300
4,400
3,000
47,000
23,500
8,800
25,300
700
6,900
2,500
1,500
15,400
13, 00
1.400
1,700

$49,200
13,57
5,500
4 _go
67,6 0
48, 0
9,866
33 90~
·3
,41
2,9F
1,710

00
00
00

oo

00
00
00
00
00
00
00
00
1 1'"2 00
13 260 00
1,75
2,448 00

$47 122
11 , 63
5, 150
4 150
65 440
41,5i6
11,500
34,000

6 2

50
97
00
25
37
75
00
00
50
63
00
00

7,03 1
2,500
1 500
21, 16 r-; o
13,649 00
1 900 00
-,450 00

1882.]

181

PUBLIC DOCUMENT-No. 8.
BANK

TOCK -

I
.

.

Union Nat'l Bank, Boston
Blackstone Nat'l Bank, Boston
Merchants' N at'l Bank, Boston
.
Republic Nat'l Bank, Boston
Tremont Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
Merchandise Nat'l Bank, Bo1;ton .
North America Nat'l Bank, Boston.
Georgetown N at'l Bank, Geqrgetown,

.

.

Concluded.
Par Vall1e.

$12,700
5,600
13,000
3,000
12,700
5,000
5,000
2,600
10,000

E stim a ted
Market Va lue.

$19,431
6,496
19,llO
3,720
15,494
6,350
5,450
2,964
9,500

00
00
00
00
00
00
00

oo,

00

$266,800 $370,967 00

Amount Invested.

$18,000
7,512
19,325
4,000
17,000
5,000
5,000
2,418
10,000

00
50
00
00
00
00
00
00
00

$360,588 97

RAILROAD BONDS.

Eastern Railroad

·I

$10,500

$11,497 50

$9,983 65

182

PHILIP

BANK COMMISSIONERS' REP ORT.

[Jan.

LYNN INSTITUTION FOR SAVINGS - LYNN.
Incorporated 1826. Number of corporators, 61.
Tl'easw·er, D. H.
A. CHASE, P1·esident.

SWEETSER.

STATEMENT.

LIABILITIES.

ASSETS.

·I

Deposits
$ 1,£16!1. 258 71
Earning,, unc'livided •
5!l,5:Z5 55
Guaranty fuml
46,UOO 00

. .

I Loa
P11b1ic furnls
.
.
n:; on public fonds

$314,:500 00
X,K.iO 00
21t,x:t2 oo
44 ,0:iO 00

Bank stoe k .
.
•
Loans on l,ank stock
HailrnaLl u o11ds
Loans 011 railroad bont1s
Rea l estate
Real estate by foreclosure.
Loans on real est.ate
Loans on personal securit.y,
Loans to counties, cities, or
towns.
Deposit in banks on interest,
Tax t it les
Cash on band

..

.

rn,:o i -oo

I

00
00
(i8
00
00

81,500
67,299
G25
9,46!

00
18
20
20

] ,(HJO

. .

$2,074,784 2G

45 000
4,705
924,!J!I~
34J,200

.. . .. -----

$2,074,781 26

Loans on Public F unds, amount on each: On $3,000 Town of B rookline 7s
On $1,000 City of Portland Gs •

$3,000 00
850 00

Loans on Bank Stock, amount on each: On 80 shares City National Bank, Lynn .
On 73 shares Fii'st National Bank, Lynn
On 250 shares Maverick National Bank, Boston
On 1G sllares First National Bank, Lynn
On 18 shares Central National Bank, Lynn
On 10 shares Exchange National Bank, Boston

$7,450 00
87,200 00
25,000 00

:!

4,400 00

Loans on Railroad Bonds:On $1,000 Boston, Revere Beach, and Lynn Railroad

$1,000 00

Cash on Deposit in Ban ks, amount in each:Maverick National Bank, Boston
First National Bank, Lynn

$1,146 11
6G,153 07

Amount invested in real estate (for banking purposes)
Estimated value of the am e
Amount of real e tate held by foreclosure
Assessed value of the arne
Amount of incomer ceivecl from the same
Amount of municipal tax 011 real estate •

•

.

$45,000
50,000
4,765
4,550
270
600

00
00
68
00
00
87

. $115,014 00
Whol e amount of intere tor profits rec ivecl or arn d .
Rate and amount of each emi-annual dividend for l 2 per cent . { 84,521 76
85,811 20
previous year .
.
.
•
•
•
. S 2 per cent .

1882.J

PUBLIC DOCUl\1ENT-No. 8.

183

Time for the clivicle11<1s fixed by the by-ln.ws: Un.y 1 n.nd Nov. 1.
Tlie total nmou11t of lon.11 , , with each . r 'ci!i cl rate of interc t:
$ -I-J.,000, :J-t per c 11t ; $IG.,,:JOO, 4½ per cent; $:Z,i,000, 4~ per cen t;
$17 000, 4jf per cent; $177,900, G per cent; $7,000, 5-½ per ce11t;
$77:3, 1U9, G per ccn t; $40, GOO, G½ pc,· <'e n t; $1:~, ,000, 7 per ce11 t.

Number of out ta.11ding loans which are of an amount not
exceeding $:3,000 each
• 278
Aggrcgn,te amonnt of the same .
$380:000 00
Nu111be1· of ope11 accounts .
6,12(.i
Number and amount of depo its received for previous year, 6,252 444,207 co
Number and a111ou11t of deposits of and exceeding $300 at any
one time fo1· the prcvions·year
. 331 171,291 00
Numbel' ancl amount of withdrawals
4,522 371,675 47
Number of accounts opened the previous year .
J, 109
Nnmbel' of accounts closed the previous year .
..
795
Amount of expenses of the corporation dming previous year
5,328 59
Amount of treas urer' s bond
50,000 00
Date of examination by commissioner: May 27.
PUBLIC FUNDS.

E~tinmted
l\Iarket Value.

A.mount Invested.

$5,000
115,000
40,000

$5,050 00
128,800 00
46,400 00

$5,000 00
115,000 00
40,000 00

$10,000
19,000
27,000
1,000
10,000
15,500
10,000
5,000
25,000
1,000
3 ,000
4,000
9,000
15,000

$11,800
19,760
29,160
1,200
11,400
16,275
11,800
5,100
27,500
1,000
3,240
4,200
9,500
16,550

$10.000
19,000
27,000
1,000
10,000
15,500
10,000
5,000
25,000
1,000
3,000
4,000
9,000
15,000

Par Value.

United States 6s, extended
"
" 4½s
"
" 4s

.

.
.

City and town bonds: .
City of Cambridge 6s
of Lynn 5½s
of Lynn 6s
of Lynn 6s
.
.
of Lowell 6s
.
.
of Somerville 6s
.
of Boston 6s
.
of Boston 5s
.
of Fall River 5s
.
of Lynn 5s
.
of Lynn 6s
.
Town of Natick 7s •
of Saugus 5s .
of Malden 6s .

. .
. .
.

.

.
.

.
.

.
.

.

.

.
.
.

.

.

.
.
.

.

.

.
.
.

.

.
.

.

.

.

.

.

.

00
00
00
00
00
00
00
00
00
00
00
00
00
00

$314,500 $348,735 00

Atlantic N at'l Bank, Boston .
Rockland Nat'l Bauk, Boston .
Exchange Nat'l Bank, Boston.
Shoe and Leather N at'l B'k, Boston,
New England N at'l Bank, Boston

$5,300
10,000
5,500
6,000
5,900

$7,950
12,800
7,700
6,780
8,555

00
00
00
00
00

00
00
00
00
00
00
00
00
00
00
00
00
00
00

$314,500 00

$6,625
12,000
6,270
6,000
5,900

00
00
00
00
00

184

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK - Concluded.
Par Value.

.
.
.
.
.
.
.
.
.

Columbian N at'l Bank, Boston
Market N at'l Bank, Boston
Shawmut Nat' l Bank, Boston .
.
Freeman 's Nat'l Bank, Boston
Traders' N at' l Bank, Boston .
.
Second Nat 'l Bank, Boston
Continental Nat'l Bank, Boston
Everett N at' l Bank, Boston
Republic N at ' l Bank, Boston .
Union Nat'l Bank, Boston
.
Blackstone N at'l Bank, Boston
First N at' l Bank, Boston
Merchandise Nat'l Bank, Boston .
North America Nat'l Bank, Boston,
First N at'l Bank, Lynn
.
City N at'l Bank, Lynn
Central Nat'l Bank, Lynn
First N at'l Bank, Lynn .

.

.
.
.

.
.

.
.
.
.

.
.

.

$8,900
2,500
2,000
1,300
5,000
5,500
3,500
5,400
10,000
7,300
5,500
2,500
2,500
3,400
40,000
21,300
30,100
1,400

Estima ted
Ma rket Value.

$12,905
2,675
2,500
1,534
5,250
8,250
4,025
5,940
13,000
10,950
o,o5o
5,000
2,700
3,808
50 ,000
34,080
43,645
1,750

00
00
00
00
00
00
00
00
00
00
oo
00
00
00
00
00
00
00

$190,800 $257,847 00

Amount Invested.

$10 057
2,500
2,000
1,300
5,000
6,875
3,500
5,400
11,000
8,760
5,500
3,750
2,500
3,400
42 000
26,625
36 ,120
1,750

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$214,832 00

RAILROAD BONDS.

Eastern Railroad 4½s

$21,000

$23,100 00

$19,700 00

PUBLIC DOC UMENT - No. 8.

1882.]

185

MALDEN SAVINGS BANK - MALDEN.
C ALEB

lricorporated March 30, 1860. Number of corporators, 26.
Treasurer, CHARLES
WAI'l'E , President .

M E RRILL .

STATEMENT .

LI ABI LITI ES,

Deposits
.
.
E arnin gs undivided
Guarnnty fund •

ASSETS,

$503,673 21
2,811 79
5,500 00

Public funds
Bank stock .
.
Loans on bank stock .
.
Real estate by foreclosure .
L oans on real estate .
.
Loans on personal security ,
Loans to counties, cities, or
.
.
.
.
towns.
Deposit in bank s on interest,
E xpense account .
Premiums

$511,985 00

$90,500 00
70,850 00
4,550 00
1,000 00
188,575 00
26,500 00
20,000
89,805
1,205
19,000

00
00
00
00

$511, 985 00

Loans on Bank StoGk, amount on each: On 25 shares Securi~y National Bank, Boston •
On 7 shares First National Bank, Malden

$4,000 00
550 00

Casb on Deposit in Banks, amount in each: First National Bank, Malden
Continental National Bank, Boston .
National Bank of Redemption, Boston
Pacific National Bank, Boston •
Central National Bank, Boston •
Maverick National Bank, Boston

$9,805
25,000
20,000
10,000
15,000
10,000

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same

$1,000 00
900 00
117 00

Whole amount of interest or profits received or earned •
$26,521
Rate and amount of each semi~annual dividend for} 2½ per cent . { 10,316
previous year •
•
•
•
•
•
•
2 per cent •
8,956
Times for the dividends fixed by the by-laws: second Wednesday in
April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5f per cent.
The total amount of loans, with each specified rate of interest :
$9,805, 2½ per cent; $20,000, 3½ per cent; $94,000, 5 per cent;
$10,000, 5½ per cent; $196,625, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
•
94
Aggregate amount of the same •
139,700
Number of open accounts •
2,210
Number and amount of deposits received for previous year, 3,046 143,237
-

..

24

00
00
00
00
00
00

25
17
59

00
50

186

B AN K co:Mi\1ISSIONERS' REPORT.

Number and amount of depo its of an<.1 exceeding $300 at any
011e time for the previou yca1·
1-!0
Number antl am ou11t of wilhtlrawals
l, G7=3
NuntlJC I' of accounts opened the previous year.
• 510
Nullll>cr of account clo eel tl 1c preYious year .
210
Amount of cxpen es of tile corporation dming previous year.
Amount of treasure r's bond
Date of examin ation by commissioner: May 2.

Punuc

[Jan.
$70,0:'\l 13
131,233 53

1,9 15 33
10,000 00

FUND S.

rar Yalue.

United States 4½s
"
"
Gs, currency
"
" 5s, extended

$31,500
10,000
10,000

City and town bonds: City of Newton 5s .
of Fall River 6s
of Bangor, :Me., 6s •
of F itchburg 6s
Town of Brookline 7s
of Woburn 6s

$8,000
5,000
5 ,000
1,000
10 ,000
10,000

E~tim~tell
l\lnrkt!L \ 'alne.

$35,800 00
13,400 00
10,100 00
$!>,200
5,900
6,0."50
1 ,180
13,000
11,800

00
00
00
00
00
00

$2,540
3,473
1 ,65 1
2,975
4,4G4
3,304
9-!4
9 ,2 16
3,100
3,150
2,2-10
1,210
l 40
2,3-10
1,--10

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

:\mount Invested.

$32,!JG4 68
10 ,000 00
10 ,000 00

$8,120 00
5,375 0')
. 5 ,3:25 00
1,095 00
12 .6 12 50
10,950 00
- - - - - - -----'
$00,500 $ 106,430 00
$96,442 18

--

BANK STOCK.

Atl as Nat'l Bank, Boston
Atlantic Nat'l Ban k , Boston
Commerce NaL'l Bank , Boston
Co11tine11tal .Nat'l Ba11k, Boston
City Nat' l Ban k, Boston.
Ea g le Nat'l Bank, Bo ton
Eliot Nat' l Bank, Bo ton
Exchange Nat' l Bank, Boston.
Freeman 's Nat'l Bank, Boston
First Tat' l Ba11k, Bo ton
Globe Nat'l Bank, B ton
lfamilt n Nat'l Ba nk, Doston .
lloward at' l Bank, Bo ton
Hide and Leath er Nat'l .B'k, Bo ton,
Ma.·:achu ·etts at' l Ha uk, Do ton .
Merchants' Nat'l Bank, Bo tou
Mark et at'l Bank, Bo ton
•
North America. Nat'l Bank, Bo ton.
North Nat'l Bank, B ston
Old Bo ·ton Nat'l Bank, Bo ton
Rev re .Nat'l Hank, B i-to n
Hockla.ncl Nat'l Bank, Uo t n.
I ecle1uptio n ~at 1 Bank, Bo -ton
t;ta.L, Nat'l Ba.nk, Ho l n
ha,wu1ut .Nat' l Ba11k, Bo ton .

$2,000
2,300
1,300
2,500
3,600
2,800
800
6,400
2,500
1,500
2,000
1,000
1,100
2,000
1,000
3,000
1,000
1 _oo
1,400
1,050
700

r;oo

'\50
4,700

1,GOO

4,o o oo

1 ,110 00
1 r;• G 00
1, 74 00
1 315 00
6 00
GO 00
7 '... ·o oo
5 7- 00
l ,DGS 00

$2 000 00
3 490 75

l 3 l 25
2,333 62
4 354 25
3, 143 50
910 00
8,953 50
2,42,j 00
2 745 00
2 0-F 00
1.1 00 00
1,100 00
2,000 00
1 0 I) 00
3, 34 7
1,000 00
1,130 50
1 778 00
1 3- l 7707 7
633 F
7 3G l 25
r-,r39 00
1,710 7

1882.]

PUBLIC DOCUMENT - No. 8.
B A NK STO C K -

Concluded.
Pnr Value.

Security Nat'] Bn.nk, Roston
Suffolk Nat'! I3n.11k, B0ston
Traders' Nn.t'l Bank, Bo ton
Tremont Nat '! Bank, Boston
,vebster Nat'l Bank, Boston
Malden Nat'l Bank, Boston

.
.
.
.
.
.

.
.
.
.

187

$3,100
1,200

1,500
1,000
3,000
7,600
$70,850

E !! timnt ccl

l\larkeLVaine.

$5,797
1,464
1,545
1,2:w
3,:100
8,740

00
00
00

Amount In ve ted.

00
00

$5,4 36 23
1,863 50
1,480 00
1,01500
3,2:">G 25
7,GOO 00

$92,387 00

$84,205 59

oo

188

BANK COMMISSIONERS' REPORT.

(Jan.

MARBLEHEAD SAVINGS BANK - MARBLEHEAD.
Incorporated 1871. Number of corporator , 41.
Treasure1·, WILLI.A.llr
IsAAc C. WYMAN, President.

GILLEY .

STATEMENT.

ASSETS.

LIABILITIES.

Deposits
.
•
Earnings undivided
Guaranty fund .

$186,192 45
3,388 69
2,219 57

Public fnnds
Bank stock .
.
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in bank on interest,
Expense account .
Cash on hand

$31, 16 47
55,8 18 96
32,201 48
48,314 00
10,419 70
6,000 00
4,553 27

1,149 18
1,527 65

$191,800 71

$191,800 71

Cash on D eposit in Bank: Marblehead National Bank, Marblehead •
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of munidpal tax on real estate .

$4,553 27
•

Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for} 2 per cent .. J
previous years .
.
.
•
.
•
.
. 2 per cent
1
Times for the div idends fixed by the by-laws: May 1 and Nov. 1.
Average annual per cent of dividends for the term ending at time
of and including last extra d ividend: 4 per cent.
The total amount of loans, with each specified rate of interest:
$6,000, 4 per cent; $10,000, 5 per cent; $17,205.30, 6 per cent;
$5,43 .40, 6½ per cent; $17,450, 7 per cent; $4,000, 71\- per cent;
$600, 7½ per cent; $3,950, 8 per cent.
Number of oatstanding loans which are of an amount not
exceeding $3,000 each
33
Aggregate amount of the same .
umber of open accounts .
1,033
Number and amount of deposits received for previous year • 749
Nnmber and amount of depo its of and exceeding $300 at any
one time for the previous year
33
umber and amount of withdrawals
• 597
umber of account opened the previous year.
• 125
Numb r of account cl ed the previon year .
96
Amount of cxpen e · of the corporation during previous year
Amount of treasur r' bond
Date of examinaLion by commissioner: Ang. 16.

$32,201
27,400
2,144
405

48
00
84
23

$7,299 40
3,114 78
3,272 12

25, 00 00
43,767 00
17,759 00
32,15 03

1,714 06
10,000 00

1882.]

PUBLIC DOCUMENT-No. 8.
Punuc

FUNDS.

Par Value.

United States bonds
City and town bonds: City of Charlestown
of Bm-1gor, Me.
.
Town of Arlington .
.
of Melrose

.
.

.

189

Estlmn led
lllarl,ct Va ine.

I

Arnountinv,sled,

.

.

$1,500

$1,740 00

$1,438 13

.

.
.

$3,000
8,000
5,000
10,000

$3,570
10,000
6,000
13,000

$3,047
8,98 11
5,225
13,121

.
.

.

.
.

$27,500

00
00
00
00

- - - --- - --$34,310 00

00
67
00
67

$31,816 47

BANK STOCK.

Marblehead N at'l Bank, l\farblehead,
Merchants' Nat'l Bank, Boston
Shawmut N at'l Bank, Boston .
Shoe amd Leather Nat'] Bank, Boston,
North Nat'l Bank, Boston
Mount Vernon N at'l ,Bank, Boston .
.
Continental N at'l Bank, Boston
Blackstone Nat'l Bank, Boston
Boyl,s ton Nat'l Bank, Boston .
Merchandise Nat'l Bank, Boston
.
State Nat'l Bank, Boston
.
Hamilton Nat'l Bank, Boston .
Market Nat'l Bank, Boston
Hide ar1d Leather N at'l B'k, Boston,
. .
Revere Nat'l Bank, Boston
.
Grand N at' l Bank, Marblehead
.
Commerce N at'l Bank, Boston
Re<;lemption Nat'l Bank, Boston
.
Nortl!l. America Nat'l Bank, Boston.
Republic Nat'l Bank, Boston •

.

.

.

.

$1,200
2,500
2,500
2,100
2,500
2,000
2,500
3,000
3-,100
1,300
5,600
500
900
3,200
400
3,800
1,900
2,900
2,500
2,400
$46,800

$1,392
o,650
3,200
2,375
3,552
2,560
2,975
3,450
3,968
1,32'0
7,056
560
9@0
3,680
488
4,408
2,451
3,915
2,875
3,000

00
oo
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$57,865 00

$1,344
3,331
3,084
2,366
3,056
2,505
2,687
3,485
3,839
1,297
6,048
591
999
3,744
442
4,639
2,440
4,067
2,778
3,072

00
25
37
25
25
20
50
00
50
67
45
25
00
00
75
15
00
2 f>
12'
00

------

$55,818 96,

190

BANK COM1\1ISSIONERS' REPORT.

[ Jan.

l\fARLBOROUGH SAYINGS BA. K - 1\1.A.RLBOROUGH.
Incorporated April 3, 1860.

Number of corporators, 87.

Er.BRIDGE HowE, President.

Tl'easure1·,

EDWARD

R.

ALLEY.

STATEMENT .

LIABILITIES.

D eposits
.
.
Earnings undivided
Guaran1,y fund .

ASSETS.

$ 760,'.?02 24
22,542 42
10,Ul7 Oc!

Public funds
Bank stock .
.
.
•
R ea l estate by foreclosure .
Loans on real estate .
.
Loans on pe rsonal ·ecurit.y,
D eposit in ban k s on inter est,
Expense account .

$ 793, 361 70

$1G5,484 00
121,2-11 25
4,000 00
411,41850
7<1, '27 50
13,:tu H3
l,0U5 52

$ 793,361 70

Cash on Deposit in Banks, amount in each: People's National Bank, Marl borough
First National Ban k, Marl borough •

$2,0Gl G5
11,263 2

Amount of real estate h eld by foreclosu re
Assessed value of the same
Amount of municipal tax on real estate .

$4,000 00
8,500 00
175 50

Whole amount of interest or pr.ofits received or earned •
$42,695
Rate a~d amount of each semi-annual dividend for} 2-½ per cent . 1 15, 01
prev10us year
.
.
.
.
.
•
. 2 per cent . 1 13,4.85
Times for the dividends fixed by the by-laws: third Wednesday in
January and Jul y.
The total amount of loans, with each specified rate of interest:
$10,000, 4 per cent; $43,000, 5 p r cent; $234,042, 6 per cent.;
$:>,950, Gt per cent; $ 11 ,426.50, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $8 000 each
279
Aggregat amount of the ame .
2G0 6L
Am ount of investll) ent from which no ineom
r ceiv d
4 000
umber of op n accounts .
2 . 51
umber ancl amo unt of deposits r eived for Ir viou y ar, 2 !)-! 2 G,771
Numb rand amount of deposits of and ex din o- '300 at any
one time for Lh pr vion y ar
. mo 10 ,2G0
Number a ncl amount f wiLIHlrawal
1,: J
14..J.,:310
Numb r f a
th pr viou y ar.
614
Numb r of a ou
pr vion
ar .
374
Am unt of xp n
orporati n durino- Ir viou
ar .
A mount of trc-a nr r' bond
10. 000
Date of examination by ommi ioncr: llfay 17.

72
14
56

60
00

0
00

55

00

1882.]

191

PUBLIC DOCU1\1ENT-No. 8.
PunLrc FuNDS.
1' nr Value.

.

United S tates 4f s, coupons
"
" 4s, coupons

.

City and town bonds: .
City of Charl estown
.
of Boston
of Fall l{iver
.
of Low ell
of Cambridge
of Lynn
.
of Lewiston, Me.
of Dover, N. H.
of Portsmouth, N.H.
.
of Bangor, Me.
Town of .Marl borough
of Pawtucket, R.I.
.
of Woburn .
of Southborough

.

.

.
.
.

.

.

. .

.
.

.
.

.
. . .
. .
. . .

.
.
.

.

.
.
.

.

.

$GOO
1,100

Es ti111n1e,1

lllnrket Valu e.

$G72 00
1,276 00

$27, 000 $3 1,080 00
2 1, 000
24,800 00
17 ,!)60 00
16 ,000
14,220 00
12,000
11 ,040 00
10,000
8,3:20 00
7,000
7,000
7,700 00
5,236 00
4,400
3,030 00
3,000
2,875 00
2,500
20,000
21,000 00
10,000 . 11,200 00
8,000
8,160 00
6,800
6,800 00
$156,400 $177,169 00

.\moun t I nves ted.

$G27 00
1,100 00
$31,057
2:3,0!.JO
lG,000
11. 020
10 ,930
8,007
7,0UO
4,752
3,000
2,500
20,000
10 ,700
8,000
G,800

50
00
00
00
00
50
00
00
00
00
00
00
00
00

$165,484 00

BANK STOCK.

. .

·webster Nat'l Bank, Boston
.
Third Nat'l Bank , Bos ton
Continental Nat'l Bank, Boston
Glol>e N at'l Ba11k, Boston
}'aneuil Hall ~at'l Bank, Boston
Mad-et Nat'l Bank, Boston
.
Merch a ndi se Nat'l Bank, Boston
Cjty Nat'l Bauk , .Boston .
North America Nat'l Bank, Boston.
State Nat'l Bank , Boston
.
Howard Nat'l Bank, Boston .
Eliot N at'l Bank, Boston.
Ma nufacturers' N at'.l Ba1Jk, Boston .
Atlas Nat'l Bank, Boston
.
.
Eagle N at'l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
Cominerce Nat'l Bank, Boston
Boston Nat'l Bank, Boston
Blackstone N at'l Bank, Boston
R evere N at'l Bank, Boston
.
Hide aud Leather Nat'l B'k, Boston,
City Nat'l Bank, ·worcester
}"'irst Nat' l Bank, Clinton
.
First Nat'l Bank, Lynn .
.
People's Nat'l Bank, Marlborough .
First N at'l Bank, Marlborough

.
.

.
.

.
.

.

.
.

.

.
.

.
.

$7,500
7,000
6,800
5,000
4,400
4, 000
4,000
4,000
3,000
3,000
2,000
1,600
1,500
1,500
1,500
1,500
1,500
1,000
800
700
,400
1,600
1, 500
3,000
. 5,300
36 ,300

$8,362
7,455
8,058
5,575
5,918
4,420
4,400
5,080
3,450
3,750
2,600
1,920
1,657
1,875
1,796
1,695
1,931
1,280
920
854
466
1,760
1,725
3,900
5,565
45,375

50
00
00
00
00
00
00
00
00
00
00
00
50
00
25
00
25
00
00
00
00
00
00
00
00
00

$110,400 $131,788 50

$7,875
7,175
6,800
5,250
5,5:28
4,000
4 ,100
4 ,200
3,150
3,150
2,000
1,680
1,500
1,575
1,575
1,7 10
1,800
1,050
878
735
420
I ,GOO
1,680
3,150
5,100
43 ,560

00
00
00
00
25
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$121,241 25

192

BANK COMMISSIONERS' REPORT.
MECHANICS'

(.Jan.

SAVINGS BANK - HOLYOKE.

Incorporated 1872. Number of corpora-fiors, 47.
JA..1\iES

H.

NEWTON,

Tl'easure1·, C. B.

Presiclent.

PRESCOTT.

STATEMENT.

LI.ABILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund •

ASSETS.

Bank Stock .
.
I Loans
on bank stock
I

$ 463,325 81
8/JOS 47
4,100 oo

I
I

Loans on real estate .
.
Loans on personal security,
Depo it in banks on interest,
Expense account.
.
Furniture and fixtures
Taxes .
Interest.
.
Cash on band

$476,334 28

Loans on Bank Stock: On 30 shares City National Bank, Holyoke
Cash on D eposit in Banks, amount in each: City National Bank, Holyoke
Hadley Falls National Bank, Holyoke
Whole amount of interest or profits received or earned .
Rate a~1d amount of each semi-annual dividend for l 2 per cent ·. {
prev10us year .
.
.
.
.
.
.
. f 2 per cent
Times for the dividends fixed by the by-laws: May and November.
The total amount of loans, with each specified rate of intere t:
$338,184, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
124
Aggr gate amount of the same .
.
Amow1t of investments from which no income i r ceiv d
Number of open account •
1 570
Number and amount of d po it r
ived for pi· viou
ar
2,4 3
Number and amount of i po it of and exc ding $300 at any
one tim for the pr viou y ar
. 136
Number and amount of withdrawal
1,014
Numb r of account
n d th 'lr viou y ar .
• 567
Number of
viou y ar .
439
Amount of
ti n iurino- pr
y ar .
Am unt of tr a ur r' b rnl
Amount of a istant tr a urer's bond
DaL of xaminati n by omm i i n r: July 11.

$38,208
1,800
276,795
59,589
91,697
1,027
2,118
1,610
1,149
2,338

50
00
00
00
15
58
75
5

34
11

476,33-! 28

$1, 00 00

$91,697 15
372 68
$24 620 47
7,<14 7
,-105 67

135 609 00
1 ,700 0
1

,966

7

5 414 0
Hi5 73 42

PUBLIC DOCUMENT-No. 8.

1882.]

193

BANK STOCK.

Par Value.

I
Shoe and Leather Nat'l B'k, Boston,
First N at'l Bank, Springfield .
.
Third N at'l Bank, Springfield
:f!adley Falls N at'l Bank, Holyoke •
City N at'l Bank, Holyoke

.

.

$2,200
2,000
5,000
4,500
16,500
$30,200

25

Estimated
Market Value.

$2,530
3,200
8,500
7,200
18,975

00
00
00
00
00

$40,405 00

Amount Invested.

$3,008
3,080
8,500
7,120
16,500

50
00
00
00
00

$38,208 50

194

WILLIAM

[Jan.

BANK COMMISSIONERS' REPORT.
MECHANICS' SAVINGS BANK - LOWELL.
Incorporated 1861. Number of corporato rs, 72.
A . BURKE, President.
Treasurer , CHARLES C.

HUTCHINSON.

STATEMENT.

LIABILITIES,

ASSETS,

I

Deposits
Earnings undivided
Guaranty fund .
Suspense account

.

$1,391,936
41,170
25,000
1,180

17
30
00
00

.

$87,000
171,050
13,800
80,000
92,175
176,452
659,325
141,900
33,026
4,557

Public funds
Bank stock
Loans on bank stock
Railroad bonds
Real estate
Rea l estate b.v foreclosure .
Loans on real estate
Loans on personal security,
Deposit in bank on interest,
Cash on haud

. .
.. . .
.

.

.

$1,459,286 47

$1,459,286 -!7

Loans on Bank Stock, amount on each: On 70 shares National Bank of the Commonwealth, Boston
On 30 shares Railroad National Bank, Lowell, and 10 shares Prescott National Bank, Lowell
On 20 shares Railroad National Bank, Lowell, and 20 shares Metropolitan National Bank, Boston
Cash on Deposit in Bank:Railroad National Bank, Lowell

00
00
00
00
06
07
41
00
00
93

•

$7,000 00
2,800 00
4,000 00
$33,026 00

A.mount invested in real estate (for banking purposes)
Estimated value of the same
A.mount of real estate h eld by foreclosure
Assessed value of the same
A.mount of income received from the same
A.mount of municipal tax on real esta te •

$92,175
80,000
176,452
122 600
6,712
1,721

06
00
07
00
37
22

Whole amount of interest or profits received
Rate and amount of each semi-annual dividend for} 2 per cent . {
previous year .
.
•
.
•
.
•
. 2 per cent .
Times for the dividends fi xed by the by-laws: first Saturday in June
and December.
A verage annual per cent of dividends for the term ending at time
of and including last extra dividend: 51¾ per ent.
The total amoun t of loans, with each specified l'at of in terest :
$25,000, 3¾ per cent ; $58,400, 4 per cent; $30,000, 4½ per cen t ;
$178,300, 5 per c nt ; $1,800, 5½ per cent; $3 6,271. 4, 6 p r e11 t;
$19,500, 6½ per en t; $97,729.57, 7 per cent; $6,500, N\r p r cent ;
$11 ,000, 7½ per cen t; $524, 8 per ent.
Numb r of out tanding loans which a r of an amount not
exceeding $3 000 a ·h
222
A.ggrcgat amoun t of th same .
A moun t of inv stm nt from wh i h no in om i r eiv d
N um ber of open accoun ts .
3, 97

$71,099 72
25,947 67
26,34 43

274, 20 41
7,000 00

1882.J

195

PUBLIC DOCUMENT-No. 8.

Number and amount of d po its r c iv d for previou y ar, 2,414 '200,612 70
Number and amount of d po it of and e ·ceeding $300 at any
one time for the prcviou year
. 404 101,645 97
Number and amount of withdrawals
2,037 208,272 47
Numb r of accounts opened the pr vious year .
611
Number of accounts closed the previous year •
4 4
5,718 77
.A.mount of expenses of the corporation during previous year .
25,000 00
.A.mount of treasurer's bond
Date of examination by commissioner: July 25 .

•

PUBLIC FUNDS,

Estimated
Market Value.

Amount Invested.

$17,000

$17,297 50

$17,000 00

$50,000
20,000

$59,000 00
22,400 00

$50,000 00
20,000 00

$87,000

$98,697 50

$87,000 00

Par Value.

United States 5s, 1881 extended
City and town bonds: City of Lowell
Town of Woburn .

.

.

.

.

.
.

BANK

New England Nat'l Bank, Boston .
Traders' N at'l Bank, Boston .
First Nat'l Bank, Boston
.
.
City Nat'l Bank, Boston
.
Mount Vernon N at'l Bank, Boston .
Howard Nat'l Bank, Boston
.
.
Merchants' Nat'l Bank, Boston
Second N at'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Eliot N at'l Bank, Boston.
North America Nat'l Bank, Boston.
Shawmut N at'l Bank, Boston .
Eagle Nat'l Bank, Boston
.
North Nat'l Bank, Boston
Everett Nat'l Bank, Boston
Mechanics' Nat'l Bank, Boston
Webster N_at'l Bank, Boston .
.
Commerce Nat'l Bank, Boston
Boston Nat'l Bank, Boston
Revere Nat'l Bank, Boston
Republic N at'l Bank, Boston .
Blackstone Nat'l Bank, Boston
Atlas Nat'l Bank. Boston
Redemption Nat'l Bank, Boston
Metropolitan N at'l Rank, Boston
Collateral Loan Company, Boston
Railroad Nat'l Bank, Lowell .
Bay State Nat'l Bank, Lawrence .
First Nat'l Bank, Malden
.

.

.

.

.

.

.
.
.
.
.
.
.
.
.
.
.
.

STOCK.

$500
800
800
900
1,000
1,300 ,
1,500
2,000
2,000
2,500
3,700
3,900
4,000
4,300
9,000
5,000
5,000
4,500
6,300
16,000
8,300
9,900
10,600
28,100
4,000
2,800
23,300
2.250
6,800

$727
824
1,600
1,143
1,250
1,690
2,190
3,030
2,325
3,006
4,255
4,953
4,780
6,106
10,462
6,350
5,575
5,805
8,064
19,520
10,624
11,682
13,250
37,935
4,810
2,940
28,542
3,300
7,480

50
00
00
00
00
00
00
00
00
25
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
50
00
00

$171,050 $214,219 75

$500
800
800
900
1,000
1,300
1,500
2,000
2,000
2,500
3,700
3,900'
4,000
4,300
9,000
5,000
5,000
4,500
6,300
16,000
8,300
9,900
10,600
28,100
4,000
2,800
23,300
2.250
6,bOO

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$171,050 00

196

BANK COMMISSIONERS' REP ORT.

[Jan.

RAILROAD BONDS.

.
Boston and Maine Railroad
Old Colony Railroad

.

.
.

.

.

Par Value.

Estimated
Market Value .

Amount Invested.

$30,000
50,000

$38,550. 00
62,500 00

$30,000 00
50,000 00

$80,000 $101,050 00

$80,000 00

HENRY H

197

PUBLIC DOCUMENT-No. 8.

1882.J

MEDFORD SAVIN S BA K - MEDFORD.
Incoq orated 1869. Number of corporators, 58.
ASTINGS, President.
Treasurer·, DANIEL

w.

LAWRENCE.

STATEMENT.

LIABILITIES.

ASSETS,

II
Deposits
.
.
Earnings undivided
Guaranty fund .
Suspense account

$373,252
l'..l,116
5,000
600

84
46
00
00

Public funds
.
Loans on puqlic funds
Bank stock .
.
.
•
Real estate by foreclosure .
Loans on real estate .
.
Loa ns on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in bank on interest,
Cash on harnl

$390,969 30

$23,440
17,000
23,420
17,031
165,175
100,550

00
00
00
76
00
00

15,000 00
28,944 84
407 70
$390,969 30

Loans on Public Funds, amount on each: On $10,000 Commonwealth of Massachusetts 5s
On $7,000 City of Cambridge 6s

$10,000 00
7,000 00

Cash on Deposit in Bank: Exchange N ationa\ Bank, Boston

$28,944 84

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$17,031
17,200
787
268

Whole amount of interest or profits received or earned •
•
Rate a~d amount of each semi-annual dividend for} 2½ per cent . {
previous year .
•
.
;
.
.
.
2 per cent .
Times for the dividends fixed by the by-laws: first Saturday in May
and November.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4¾ per cent.
The total amount of loans, with each specified rate of interest:
$67,000, 4 per cent; $2,000, 4-½ per cent; $30,000, 5 per cent;
$6,500, 5¼ per cent; $82, 650, 6 per cent; $51,850, 6-½ per cent;
$47;275, 7 per cent; $975, 7iu per cent; $2,800, 7-½ per cent;
$6,675, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 110
Aggregate amount of the same •
Number of open accounts .
1,512
Number and amount of deposits received for previous year, 1,454
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
73
Number and amount of withdrawals
• 770
Number of accounts opened the previous year.
260
Number of accounts closed the previous year .
• 145

$20,434 22
8,217 86
6, 794 51

76
00
02
32

126,125 00
84,563 00
37,810 00
75,640 42

198

BANK COMMISSIONERS' REPORT.

Amount of expenses of the corporation during previous year .
Amount of treasurer' s bond
Date of examination by commissioner: April 23.

[Jan.
$1 ,000 00

io,ooo oo

PUBLIC FUNDS.

Estimated
:Ma rket Value.

Amount Invested.

$5,000
5,000
12,000

$5,500 00
6,100 00
13,440 00

$5,000 00
5,000 00
13,440 00

$22,000

$25,040 00

$23,440 00

Par Value.

I
City and town bonds: City of Lynn .
.
Town of Melrose .
of Medford .

.

.
.

.

.
.

I

---

BANK STOCK.

Commerce N at'l Bank, Boston
Hamilton N at'l Bank, Boston •
Blackstone Nat'l Bank, Boston
Revere N at'l Bank, Boston
.
Eagle Nat' l Bank, Boston
Republic Nat'l Bank, Boston .
Commonwealth Nat'l Bank, Boston,
Monument N at'l Bank, Boston
Market N at' l Bank, Boston
Hide and Leather N at'l B'k, Boston,
Webster Nat'l Bank, Boston .
Boston N at'l Bank, Boston
.

.

.

.
.
.
.
.

.
.
.

$1,200
1,500
3,300
400
1,000
1,500
2,000
2,500
1,000
2,000
1,000
2,500
$19,900

$1,548
1,755
3,795
488
1,200
1,875
2,400
5,225
1,090
2,320
1,110
3,125

00
00
00
00
00
00
00
00
00
00
00
00

$25,931 00

$1,200
1,800
3,500
440
1,120
1,875
2,140
4,265
1,050
2,200
1,030
2,800

00
00
00
00
00
00
00
00
00
00
00
00

$23,420 00

M. M.

199

PUBLIC DOCUMENT-No. 8.

1882.]

FISHER,

MEDWAY SAVINGS BANK - MEDWAY.
Incorporated 1871. Number of corporators, 54.
Treasurer, 0. A.
President.

MABON.

STATEMENT.

ASSETS.

LIABILITIES.

I
Deposits
Earnings undivided
Guaranty fund •

.

$182,853 94
3,220 42
4,198 18

. . .

Bank stock
Loans on bank stock .
Real estate by foreclosure.
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
.
Deposit in bank on interest,
Expense account .
Cash on hand

.
. .. .

$190,272 54

Loans on Bank Stock: On 5 shares Eliot National Bank, Boston

$35,113
500
9,948
106,600
28,616

75
00

6,000
1,803
901
789

00
01
63
76

14

00
25

----$190,272 54

$500 00

Cash on Deposit in Bank: Central National Bank, Boston .

"$1,803 01

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$9,948
9,115
402
127

14
00
00
61

Whole amount of interest or pro.fits received or earned •
$10,154
Rate and amount of each semi-annual dividend for} 2 per cent
. J 3,196
previous year •
•
•
•
.
.
•
2 per cent
• 1 3,361
Times for the dividends fixed by the by-laws: June and December.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4,l0 per cent.
The total amount of loans, with each specified rate of interest :
$6,000, 4½ per cent; $63,615, 6 per cent; $72,101.25, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 195
Aggregate amount of the same •
111,716
Number of open accounts .
788
Number and amount of deposits received for previous year • 629
74,121
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
36,040
65
Number and amount of withdrawals.
69,445
• 736
Number of accounts opened the previous year .
• 104
Number of accounts closed the previous year •
91
Amount of expenses of the corporation during previous year •
792
Amount of treasurer's bond
10,000
Date of examination by commissioner: April 26.

67
01
66

25
80
79
00

30
00

200

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.

I
Wrentham Nat'l Bank, Wretham
Merchandise N at'l Bank, Boston
Mount Vernon N at'l Bank, Boston .
Market N at'l Bank, Boston
S. Framingham N'l B'k, S. Fram'm,
Franklin Nat'l Bank, Franklin
Dedham Nat'l Bank, Dedham.
Holliston N at'l Bank, Holliston
Central Nat'l Bank, Boston
First Ward N at'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,

.

.

Par Value.

$225
4,200
1,500
1,000
2,000
1,700
3,200
4,200
6,500
3,000
5,000
$32,525

•

I

Estimated
lllarket Value.

$255
4,704
1,725
1,100
2,000
1,989
3,840
5,040
7,800
3,480
5,300

00
00
00
00
00
00
00
00
00
00
00

$37,233 00

Amount Invested.

$310
4,454
1,623
1,0tl0
2,000
1,972
3,841
5,040
6,667
3,075
5,100

00
50
75
00
00
00
00
00
50
00
00

$35,113 75

PUBLIC DOCUMENT-No. 8.

1882.J

201

BANK - MELROSE.

MELROSE SAV I

Incorporated April 3, 1872. } N umuer
,. of corporat ors, 24 .
Organized Aug. 5, 1874.
Treasure1·, E. H. Goss.
DANIEL RussELL, P1·esidem.
STATEMENT.

LIABILITIES,

Deposits
Earning. undivided
Guaranty fund .

..

ASSETS,

I
$ 117,931 81
1,409 49
812 67

-----

. ..

Public funds
Bank stock .
.
Real estate by foreclosure .
Loans on real estate
Deposit in banks on interest,
Expense account.
Cash on hand

$120,153 97

$30,227
8,670
2,680
59,060
19,248
213
47

50
50
38
00

64
08
.
.
87
.
-----

Cash on Deposit in Bank: Everett National Bank

$120,153 97

$19,248 64

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$2,680
2,500
180
34

Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for } 2t per cent .• {
previous year .
•
.
•
.
•
.
2 per cent
Times for the dividends fixed by the by-laws: Jan. 1 and July 1.
The total amount of loans, with each specified rate of interest:
$28,500, 6 per cent; $4,700, 6½ per cent; $2,700, 6¾ per cent;
$23,160, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
41
Aggregate amount of the same .
Number of open accounts .
761
Number and amount of deposits received for previous year, 1,192
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
46
Number and amount of withdrawals.
517
Number of accounts opened the previous year •
203
Number of accounts closed the previous year .
100
Amount of expenses of the corporation during previous year .
Amount of treasurer's bond
Date of examination by commissioner: Dec, 1.

$5,823 13
2,067 89
1,792 93

26

38
00
00
50

41,060 00
68,697 56
31,262 40
42,553 68

495 82
5,000 00

202

BANK COMMISSIONERS' REPORT.
P UBLIC

FUNDS.
Par Value.

City and town bonds: City of Dover 6s
of Portsmouth 6s
of Portland 6s .
of Lewiston 6s
of Bangor 6s
of Brockton 5s
of Boston 4s .
Town of Gardiner 6s

$3,000
1,000
5,000
3,000
1,000
8,000
7,000
1,000

.

$29,000
BANK

.

Everett Nat'l Bank, Everett
Freeman's N at'l Bank, Boston

[Jan.

E stima ted
Market Value.

$3,180
1,060
6,150
3,090
1,015
8,640
7,140
1,030

00
00
00
00
00
00
00
00

Amount Invested.

$3,150
1,048
5,218
3,150
1,020
8,640
7,000
1,000

00
75
75
00
00
00
00
00

$31,305 00

$30,227 50

$2,400
5,000

$2,760 00
6,250 00

$2,698 50
5,978 00

$7,400

$9,010 00

$8,676 50

STOCK.

1882.J

203

PUBLIC DOCUMENT-No. 8.
MERRIMAC SAVINGS BANK-MERRIMAC.
Incorporated 1871. Number of corporators, 36.

'1'1·easw·e1·,

P1·esident.

WILLIAM H. HASKELL,

DANIEL

J.

PooRE.

STATEMENT.

ASSETS.

LIABILITIES.

Deposits
.
.
E arnings undivided
Guaranty fund •

.

.

$230,712 21
2,465 08
2,530 03

.. .. ..

Bank stock
Railroad bonds
Loans on real estate
L oans on personal security,*
Loans to counties, cities, or
to wns.
.
Deposit in banks on interest,
Cash on hand

.

-$235,707
--32
Cash on Deposit in Bank:First National Bank, Merrimac .

$2,000
8,o00
122,185
85,256

.

00
00
00
83

2,325 00
14,300 00
1,040 4g

. . .

$235,707 32

$15,340 49

Whole amount of interest or profits received or earned •
• . $13,145
Rate and amount of each semi-annual dividend for} 2 per cent
. { 3,815
previous year •
•
•
•
•
•
.
2 per cent
.
4,212
Times for the dividends fixed by the by-laws: third Wednesday in
April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5½ per cent.
The total amount of loans, with each specified rate of interest:
$41,950, 5 per cent; $13,000, 5½ per cent; $82,331.83, 6 per cent;
$10,900, 6t per cent; $60,085, 7 per cent; $1,500, 7½ per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
97
Aggregate amount of the same •
95,516
Number of open accounts .
• 754
Number and amount of deposits received for previous year . • 680
60,117
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
41
18,762
Number and amount of withdrawals
• 285
23,898
Number of accounts opened the previous year.
181
Number of accounts close9 the previous year •
73
Amount of expenses of the corporation during previous year .
811
Amount of treasurer's bond
10,000
Date of examination by commissioner: June 13.

* This bank bas been notified that these loans have exceeded the legal limit.

63
24
48

83
31

60
64

34
00

204

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.

First Nat'l Bank, Merrimac

•

Par Value.

Estimated
Market Value.

Amouut Invested.

$2,000

$2,600 00

$2,000 00

$9,460 00

$8,600 00

RAILROAD BONDS.

West Amesbury Branch

R.R.

Co.

$8,600

1882.]

205

PUBLIC DOCUMENT- No. 8.

MERRIMACK RIVER SAVINGS BANK - LOWELL.
I ncorporated Feb. 24, 1871. Number of corporators, 39.
Treasurer, N. G.
J . G. P EAB ODY, P1·esident.

LAMSON.

STATEMENT.

LI ABILI T IES,

ASSETS .

II
D eposits
.
.
E arnings un d ivided •
Guara nty fund .

$334,722 87
12,524 95
3,428 97

$7,000
27,419
14,500
1,000
26,500
183,481
75,850

Public fun ds
Bank st ock .
.
Loans on b ank stock •
L oan on r a ilroad bond
.
Real estate b y foreclosure •
L oans on r eal estat e .
.
L oans on per sonal security,
Loa ns to counties, cities, o r
towns.
.
.
.
..
D eposit in b anks on interest ,
Cash on hand

00
12
00
00
00
25
00

3, 000 00
11,625 32
30110
$350,676 79

$350,676 79

Loans on Bank Stock : On 151 shares Wamesit National Bank

$14,500 00

Loan on Railroad Bonds: On $1,000 Boston and Lowell Railroad

$1,000 00

Cash on Deposit in Banks, amount in each : Wamesit National Bank, Lowell
Maverick National Bank, Boston
A.mount of real estate held by foreclosure .
Assessed value of the same
A.mount of income received from the same
Amount of municipal tax on real estate .

$11,557 13
68 19
•

$26,500
26,650
1,809
573

00
00
45
20

Whole amount of interest or profits received or earned .
$17,937 22
Rate and amount of each semi-annual dividend for} 2 per cent . { 5,150 32
.
•
.
• ·.
.
• 2 per cent .
5,645 98
previous year .
Times for the dividends fixed by the by-laws: first Saturday in
May and November.
A.verage annual per cent of dividends for the term ending at time
of and including last extra dividend: 5 per cent.
The total amount of loans, with each specified raw of interest:
$17,000, 5½ per cent; $137,975, 6 per cent; $700, 6½ per cent;
$26,806.25, 7 per cent; $1,000, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
59
Aggregate amount of the same .
73,531 25
Number of open accounts .
• 863
Number and amount of deposits received for previous year • 755 108,564 10

206

BANK COMMISSIONERS' REP ORT.

Number and amount of deposits of and exceeding $300 at any
one time for the previous year
•
Number and amount of withdrawals
Number of accounts opened the previous year .
Number of accounts closed the previous year .
Amount of expenses of the corporation during previous year.
Amount of treasurer' s bond
Date of examination by _commissioner: July 19.

J 12

348
246
121

[Jan.
$63,902 10
43,702 57

572 14
15,000 00

PUBLIC FUNDS.

T own bonds: T own of Na tick
of Provincetown

.

.
.

.

.

.

Par Value.

Estimated
Ma rket Value.

Amount Invested.

$3,000
4 ,000

$3 ,200 00
4,300 00

$3,000 00
4 ,000 00

$7,000

$7,500 00

$7,000 00

$5 ,715
2,875
1,570
3,780
2 ,478
1,260
1,296
1,964
6,500
2,720

$4,955
2.899
1,351
3,525
2,320
1,130
1,086
1,600
5 ,750
2 ,800

BANK STOCK.

T remont Nat' l Bank , Roston .
Blackstone N at ' l Ban k , Boston
A tl antic Nat'l Bank, Boston •
At las Nat' l Bank, Boston
Hide and Leath er Nat'l B ' k, Bostonr
Howard Nat'l Bank, Boston
North Nat'l Bank. Boston
Metropo litan N at'l Bank, Boston
Boston Nat' l Bank. Boston
Redemption Nat'l Bank, Boston

$4 ,500
2,500
1,000
3,000
2, 100
1,000
900
1,600
5,000
2,000

00
00
00
00
00
00
00
00
00
00

62
50
50
00
50
25
75
00
00
00

_____
------ ----- $23,600 $30,158 00
$27,419 12

,

1882.]

E

PUBLIC DOCUMENT-No. 8.

207

MIDDLE BOROUGH SAVINGS BANK - MIDDLEBOROUGH.
l ncorporatec.l March 15, 1873. Number of corporator8, 36.
Treasurer, CORNELIUS B. Woon.
VERETT ROBINSON, President.
STATEMENT.

A SS E TS.

LI ABILITIES.

II
Deposits
.
.
E a rnings undivided .
Guaran ty fun d .
In terest paid in advance

$410,508 74
6,410 45
3,562 00

I

2,548 12

Bank stock .
.
•
Loa ns on La nk stock •
Railroad bo nd s .
.
Loans on real estate .
.
Loans on personal securi ty ,
Loans to counties, cities, or
t ow ns .
.
.
.
.
Deposit in banks on interes t.
Cash on hand

$ 423,029 31

Loans on Bank Stock: On 55 shares Pacific National Bank .
Cash on D eposit in Banks, amount in each : Maverick National Bank, Boston
New England Trust Company * .

$ 13,140
5,400
5,11 2
229,889
126,175

00
00
50
24
14

23,143 61
19,303 (i9
835 13
$ 423,029 31

$5,400 00

$18,086 54
1,247 15

Whole amount of interest or profits received or earned •
• $24,039
Rate a~d amount of each semi-annual dividend for} 2¼ per cent . { 8,028
prev10us year .
.
.
•
.
.
•
2 per cent •
7,669
Times for the dividends fi xed by the b y-laws: April and October.
Average annual per cent of divid ends for the t erm ending at time
of and including last extra dividend: 4¼ per cent.
The total amount of loans, with each specified rate of interest:
$39,352.50, 4 per cent; $11,000, 4½ per cent; $39,900, 5 per cent;
$1 ,000, 5-½ per cent; $293,355, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
367
Aggregate amount of the same . .
257,227
Number of open accounts .
1,500
Number and amount of deposits received for previous year, 1,065 114,091
Number and amount of deposits of and ex ceeding $300 at any
one time for the previous year
87
47,661
Number and amount of withdrawals
• 605
60,970
Number of accounts opened the previous year .
• 316
Number of accounts closed the previous year .
• 137
Amount of expenses of the corporation during previous year
670
Amount of treasurer' s bond
10,000
Date of examination by commissioner: July 7.

74
35
16

99
93
27
55

69
00

• The Attorney-General has given an opinion that deposits by savings banks in this trust
company are illegal.

208 -

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.

E 5t ima ted
!Amount Invested.
Market Value.

Par Value.

Commerce Nat'l B'k, New Bedford,
Webster N at'l Bank, Boston •
Tremont N at'l Bank, Boston
Suffolk N at'l Bank, Boston

$4,050
5,575
2,684
2,541

$3,000
5,000
2,200
2,100
$12,300

00
00
00
00

$3,540
4,961
2,329
2,310

00
00
00
00

$14,850 00

$13,140 00

oo

$5,112 50

RAILROAD BONDS.

Old Colony Railroad

. .
,

$5,000

I

$5,875

1882.]

209

PUBLIC DOCUMENT-No. 8.
MIDDLESEX INSTITUTION FOR SAVINGS - CONCORD.
Incorporated 1835. Number of corporators, 22.

G EORGE

T1·easu1·e1·,

M . BROOKS, President.

GEORGE HEYWOOD.

STAT EMENT .

LI A.BI LI TI ES,

Deposits
.
.
E arnings undivided
Guaranty fund .

ASSETS.

88
33,574 50
.. $1,016,469
10,500 00

. . .
. .

$70,000
270,500
140,000
22,950
357,018
108,200
59,350
844
31,681

Public fun ds .
Bank stock
Railroad bonds .
Real estat e by foreclosure .
L oans on real est ate
L oans on personal security,
L oans t o t owns
E x pense account .
Cash in bank

.

.

$ 1,060,544 38

$ 1,060,544 38

Cash on Deposit in Bank:Concord National Ban~, Concord

00
00
00
00
80
00
00
45
13

•

$31,681 13

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$22,950
19,400
247
113

Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for } 2 per cent
•{
previous year •
•
.
.
.
.
•
2 per cent
•
Times for the dividends fixed by the by-laws: second Tuesday in
June and December.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7 per cent.
The total amount of loans, with each specified rate of interest : .
$44,368.80, 5 per cent; $233,550, 6 per cent; $171,150, 6tpercent ;
$55,450, 7 per cent; $43,000, 7t per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
149
Aggregate amount of the same •
Amount of investments from which no income is received
Number of open accounts •
2,961
Number and amount of deposits received for previous year, 1,541
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
130
Number and amount of withdrawals
987
Number of accounts opened the previous year.
• 403
Number of accounts closed the previous year •
230 .
Amount of expenses of the corporation during previous year
Amount of treasurer' s bond
Date of examination by commissioner: June 15.

$56,352 12
18,731 78
18,946 16

27

00
00
00
22

206,700 00
35,000 00
157,239 77
65,382 16
132,807 64

3,037 01
10,000 00

210

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

. .

United States bonds
State bonds: State of Maine
of Rhode Island

Estimated
1\larket Value.

A.mount In,ested.

$50,000

$50,625 00

$50,000 00

$6,000
14,000

$6,600 00
16,800 00

$6,000 00
14,000 00

$70,000

$74,025 00

$70,000 00

$12 ,190
17,024
6,000
12,325
9,547
14,577
3,213
17,925
20,081
13,100
5,817
2,457
8,388
26,000
6,146
22,005
11 ,500
744
27,337
6,817
12,600
11 ,250
17,319
1,070
5,814
12,200
16,725
12,000
],125
755
2,400

$10,600
13,300
5,000
10 000
6 700
11,300
2,700
15,000
16,700
10,000
2,800
2 100
7,200
20,000
5,600
15,000
10,000
600
22,500
4 500
10,000
10 000
13,800
1,000
5,700
10,000
15,000
10,000
900
500
2,000

Par Value.

'

.

.

.
.

.
.

----

BANK STOCK.

.

Blackstone Nat'l Bank, Boston
.
Boston Nat'l Bank, Boston
.
Central Nat'l Bank, Boston
City Nat'l Bank, Boston .
Columbian .Nat'l Bank, Boston
Commerce N at'l Bank, Boston
Continental Nat'] Bank, Boston
Eagle Nat' l Bank, Boston
Eliot .Nat'l Bank, Boston
F aneuil Hall Nat'l Bank, Boston
First N at'l Bank, Boston
Hamilton N at'l Bank, Boston .
Hide an d Leather Nat'l B'k, Boston ,
Howard Nat' l Bank, Boston
Market N at' l Bank, Boston
.
Merchants' Nat'l Bank, Boston
North America Nat'l Bank, Boston.
Old Boston N at'l Bank, Boston
Revere Nat'l Bank, Boston
Second Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston .
Shoe and Leather Nat'l B'k, Boston ,
State Nat'l Bank, Boston
Third Nat'l Bank , Boston
Traders' Nat'l Bank, Boston .
Tremont Nat'l Bank, Boston .
Webster N at'l Bank, Bo ton
Concord Nat' l Bank, Concord .
Old Lowell Nat'l Bank, Lowell
Framingham N at'l B'k, Framing'm,
First N at'l Bank, Marlborough

.
.

$10,600
13,300
5,000
10,000
6,700
11 ,300
2,700
15,000
16 ,700
10,000
2,800
2, 100
7, 200
20,000
5,600
15,000
10,000
600
22,500
4,500
10,000
10,000
13 ,800
1,000
5,700
10,000
15,000
10,000
900
500
2,000

.

.

.

.
.

.

.

.
.
.

.
.

.

.

00
00
00
00
50
00
00
00
75
00
00
00
00
00
00
00
00
00
50
50
00
00
00
00
00
00
00
00
00
00
00

$270,500 $336,453 25

RAILR AD

.

.
Eastern Railroad
Boston and Albany Railroad

.

.
.

Bo

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$270,500 00

D .

$46,200 00
1- ,000 00

$40,000 00
100,000 00

$142,000 $174,200 00

$140,000 00

$42,000
100,000

1882.]

211

PUBLIC DO UMENT-No. 8.

MIL l RD SAV
S· BANK-MILFORD.
umber of corporators, 42.
Incorporat c.l pril 24, 1851.
Treasurer, J AMEB E. W ALKJJ:R.
O. UNDERWOOD, President.
STATEMENT.

ASSETS.

LIABILITIES.

D posits
.
.
E arnings unclivided
Guaranty fund .

$ 7G8,614 57
8,Gll 24
9,00i 02

Public funds
.
Loans on public funds
Bank stock .
.
.
Loans on bank stock .
Railroad bonds .
.
Loan on railroad bone.ls
Real estate .
.
.
.
Heal estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Loan on bank book
Cash in bank

$ 786,229 83

Loans on Public Funds, amount on each: On $800 United States bonds
On $1,000 Town of Milford bonds

$127,810 00
1,400 00
167;8fJ2 74
8,5:10 00
11,440 00
6,000 00
27,000 00
1,780 22
238,000 36
147,244 32
25,000
10,791
50
13,290

00
65
00
54

$786,229 83

$400 00
1,000 00

Loans on Bank Stock, amount on each: On 20 shares First National Bank, Barre .
On 126 shares Milford National Bank, Milford .

$1,200 00
7,330 00

Loan on Railroad Bonds : On $6,000 New York and New England Railroad 7s*

$6,000 00

Cash on Deposit in Banks, amount in each: Maverick National Bank, Boston
Manufacturers' National Bank, Boston
Milford National Bank, Milford

$5,251 56
5,540 09
13,290 54

.A.mount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
.A.mount of income received from the same
.A.mount of municipal tax on real estate •
Whole amount of interest or profits received or earned •
Rate and amount of each semi-annual dividend for} 2 per cent
previous year .
.
•
.
.
.
.
2 per cent
Times for the dividends fixed by the by-laws: second Saturday
April and October.

$27,000
27,000
1,780
1,675
174
397

00
00
22
00
00
49

• $40,009 39
• { 13,274 95
.
14,080 26
in

• This bank was notified that this loan was illegal, and it has since been paid.

212

BANK COMMISSIONERS' REPORT.

[Jan.

Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 6½6 per cent.
The total amount of loans, with each specified rate of interest:
$33,630.56, 4 per cent; $31,484.79, 4¼ per cent; $15,000, 4¾ per
cent; $92,184.74, 5 per cent; .,23,994.23, 5¼ per cent; $5,000, 5½
per cent; $157,507.36, 6 per cent; $9,085, 6¼ per cent; $63,33 , 7
per cent; $300, 7--fo per cent; $1,600, 7½ per cent; $3,100, 8 per
cent.
Number of outstanding loans which are of an amount not
209
exceeding $3,000 each
$216,754 56
Aggregate amount of the same .
Number of open accounts .
2,773
Number and amount of deposits received for previous year, 2,351 398,330 03
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 160
83,642 68
Number and amount of withdrawals
1,603 245,528 89
Number of accounts opened the previous year.
• 562
Number of accounts closed the previous year •
. 341
1,893 01
Amount of expenses of the corporation during previous year
10,000 00
Amount of treasurer's bond
Date of examination by commissioner: June 10.
PUBLIC FUNDS.

United States 4s
"
" 4-½s

.

.

.

.

.

.

.

City and town bonds : City of Portland 6s, 1907
Town of Beverly 6s, Note, 1886
of Milford 6s, 1887
of Milford 6s, 1897
of Milford 5s, 1893

.

.
.

Par Value.

Estimated
Market Value.

Amount Invested.

$16,500
42,000

$19,160 62
47,460 00

$16,500 00
43,310 00

$2,000
10,000
10,000
10,000
36,000

$2,300
10,800
11,000
12,400
39,240

00
00
00
00
00

$2,000
10,000
10,000
10,000
36,000

00
00
00
00
00

---- - - ------

$126,500 $142,360 62

$127,810 00

BANI( STOCIC.

Central N at'l Bank, Boston
Revere Nat'l Bank, Boston
Blackstone Nat'l Bank, Bo ton
Howard Nat'l Bank, Bo ton
Webster Nat'l Bank, Bo ton .
Mav rick Nat'l Bank, Boston .
Eliot N at' l Bank, Boston
Hide and Leather Nat'l B'k, B ston,
Shawmut Nat'l Bank, B ston .
Freeman's Nat'l Bank, Boston
Union Nat'l Bank, Boston
Continental Nat'l Bauk, Bo ton

$15,000
3,000
2,300
4,200
700
600
4,800
10,000
10,000
4,000
4,700
2,500

$18,000
3,660
2,645
5,465
7 0
1,250
5,772
11 650
12,750
4,790
7,214
2,962

00
00
00
25
5000
00
00
00
00
50
50

$15 000
3,000
2,300
4,496
700
1,000
6,682
10,659
12,057
5,360
7,496
2,955

00
00
00
00
00
00
99
60
50
00
50
25

1882.]

PUBLIC DOCUMENT-No. 8.
BANK

213

STOCK -Concluded.

I
Redemption N at'l Bank, Boston
Shoe and Leather Nat' l B'k, Boston,
Boylston Nat'l Bank, Boston
North Nat'l Bank, Boston
Exchange N at'l Bauk, Boston .
Atlantic N at'l Bank, Boston .
.
Eagle N at'l Bank, Boston
Washington Nat'l Bank, Boston
Atlas Nat'l Bank, Boston
Hopkinton N at'l Bank, Hopkinton .
Home Nat'l Bank, Brockton
Milford N at'l Bank, Milford
Home Nat'l Bank, Milford .
First Nat'l Bank, Barre .

. .
.

.
.

.

.
.
.
.

.
.
.

Par Value.

$11,000
200
700
7,800
2,500
1,000
500
4,000
5,000
2,700
10,000
25,300
7,000
3,000

Estlmated
Marlcet Value.

$14,850
225
896
11,076
3,600
1,535
598
5,600
6,250
3,240
11,300
32,890
7,700
3,000

00
00
00
00
00
00
7·5
00
00
00
00
00
00
00

$142,400 $179,700 50

RAILROAD BONDS.

Boston and Albany Railroad 7s
Boston and Albany Railroad 6s

.
.

A.mount Invested.

$15,655
274
1,070
10,766
3,581
1,530
588
5,505
6,500
2,700
10,000
29,013
7,000
3,000

00
50
12
63
25
00
75
00
00
00
00
75
00
00

$167,892 74

--

$3,000
7,000

$3,810 00
8,260 00

$3,600 00
7,840 00

$10,000

$12,070 00

$11,440 00

214

WILLIAM

[Jan.

BANK COMM ISSIONERS' REP ORT.
MILLBURY SAVINGS BANK - MILLBURY.
Incorporateu 1854. Number of corporators, 41.
R. HILL, President.
Treasurer, DAVID

ATWOOD.

ST A TEll:IENT.

LraBILITIES.

.ASSETS.

II
Deposits
.
.
Earnings undivided
Guaranty fund .

$539,210 09
15,122 54
6,000 00

Public funds
Bank stock .
Railroad boncls
Real estate .
.
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
L oa ns to counties, cities, or
towns .
.
.
.
.
Deposit in bank on interest,
Expense account.
Prem ium account
Safe and furniture
Suspense
.
Cash on hand

00
00
00
58
00
00

62,500
12,706
78[5
16,751
2,:265
100
1,024

00
38
59
75
58
00
75

co

$560,332 63

$560,::332 63

Cash on D eposit in B ank : Millbu ry Nation al Ban k
Amount invested in r eal estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosu re
Assessed value of the same
Amount of municipal tax on real estate .

$69,500
135,900
20,000
18,000
598
219,B00
300

•

.

$12,706 38
$18 000 00
1 000 00
598 58
750 00
1 3 77

$31158
Whole amount of inter est or profits received or earned
Rate a:id amount of each semi-annu al dividend for } 2 per cent ·. i 9,744
1 10,12
prev10us year .
.
.
.
.
.
.
. 2 per cent
Times for the dividends fixed by the by-laws : January and July.
The total amount of loans, with each specified rate of intere t:
$15,000, 4½ per cent; $35,000, 5 per cent; $167,050, 6 per cent;
$65,650, 7 per cent.
Number of outstanding loans which are of an amount not
123
exceeding $3,000 each
Aggregate amount of. th same .
9 ,600
Number of op n accounts .
1,354
9 905
Number and amount of depo it rec ived for pr viou y ar, 1 196
Number and amount of d po it of and xce ding $3 0 at any
4
one time for the I r viou y ar
4 360
Number and amount of wiLh lrawal
7 3
3 079
25
umber of a
unt
n d t.h prcviou y a r .
umb r of a ount
d Lb pr v i u y ar .
IGO
ar.
1 27
.A.mount of
f Lh or1 oration durincr pr viou
Amount f
bond
20,000
Date of examination by commi ioner: May 6.

79
95
76

00
32

35
72

90
00

1882.J

215

PUBLIC DOCUMENT-No. 8.
PUBLIC FUNDS.

United States 6s of '81, extended
"
" 5s, ext ended
.
"
" 4-½s

.

City aud town bonds:City of Port.l~nd 7s.
of Bath 6s
of Lawr ence 6s
Town of \V estborough 5s
of Hopkinton 4s

.

.
.

.
.

.

.
.

.
.

Par Value.

Estimated
:Market Value.

Amount Invested.

$5,500
30,000
10,000

$5,548 00
30,487 00
11,300 00

$5,500 00
30,000 00
10,000 00

$6,000
6,000
3,000
3,000
6,000

$6,900
6,600
3,450
3,210
6,180

$6,000
6,000
3,000
3,000
6,000

$69,500

00
00
00
00
00

00
00
00
00
00

$69,500 00

$73,675 00

BANK STOCK.

Atlas Nat'l Bank, Boston

.

B lackstone N at'l Bank, Boston
Boston N at'l Bank, Boston

.

.

Commerce Nat'l Bank, Boston
Commonwealth Nat'l B'k., Boston .
Continental N at'l Bank, Boston
Eagle Nat'l Bank, Boston
Eliot Nat'l Bank, Boston
.
F irst W'ard N at'l Bank, Boston
Globe N at'l Bank, Boston
H amilton Nat'l Bank, Boston .
Hide and Leather Nat'l B'k, Boston,
M anufacturers' N at'l Bank, Boston.
l\i1erchandise N at'l Bank, Boston .
M erchants' Nat 'l Bank, Boston
.
NJorth Nat'l Bank, Boston
N orth America Nat'l Bank, Boston,
.
0 ld Boston Nat'l Bank, Boston
Second Nat'l Bank, Boston
.
Shawmut Nat'l Bank, Boston.
Shoe and Leather Nat'l B'k, Boston,
state Nat'l Bank, Boston
Suffolk Nat'l Bank, Boston
T hird N at'l Bank, Boston
T raders' Nat'l Bank, Boston .
Central Nat'l Bank. Worcester
Citizens' Nat'l Bank, Worcester
C ity N at'l Bank; Worcester
Quinsigamond Nat'l B'k, Worcester,
V\'orcester Nat' 1 Bank, \iVorces ter
Oxford Nat'l Bank, Oxford
F irst Nat'l Bank, Grafton
.
.
]\1illbury Nat'l Bank, Millbury

.
.

.
.

.

.

.

.

.

.
.
.

.
.
.
.
.

.

.

.

.
.

$5,ooo I $6,250 00
6,300
7,245 00
4,900
6,272 00
5,700
7,296 00
10,000
12,400 00
2,000
2,380 00
1,200
1,428 00
12,000 00
10,000
5,000 ·
6,000 00
4,200
4,662 00
2,500
3,100 00
5,000
5,900 00
2,500
2,750 00
2,500
2,750 00
2,300
3,381 00
4,000
5,680 00
1,500
1,725 00
300
366 00
3,500
5,285 00
2,500
3,175 00
7,400
8,362 00
5,000
6,250 00
2,000
2,420 00
2,000
2,120 00
7,000
7,140 00
3,600
4,680 00
500
600 00
2,700
3,132 00
2,500
2,900 00
900
1,125 00
600
780 00
4,000
5,000 00
16,800
21,840 00

$5,000
6,300
4,900
5,700
10,000
2,000
1,200
10,000
5,000
4,200
2,500
5,000
2,500
2,500
2,300
4,000
1,500
300
3,500
2,500
7,400
5,000
2,000
2,000
7,000
3,600
500
2,700
2,500
900
600
4,000
16,800

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

- - ---- ------

$135,900 $166,394 00

$135,900 00

RAILROAD BONDS.

Providence and Worcester R.R. 6s .

$20,000

I $24,000

00

I

$20,000 00

216

GEORGE

BANK COMMISSIONERS' REPORT.

[Jan.

MINERS' SAVINGS BANK - WEST STOCKBRIDGE.
Incorporated Feb. 28, 1872. Number of corporators, 29.
W. KNIFFIN, P resident.
T1·easurer, WILLIAM C. SPAULDING.
STATEMENT.

LIABILITIES,

ASSETS,

I
Deposits
Earnings undivided
Guaranty fund .

.

.

$53,018 48
1,391 61
500 00

.

Public funds
.
Bank stock
Loans on real estate
Loans on personal security ,
Loans to counties, cities, or
towns .
Cash on hand
.

.

. ..

$54,910 09

$23,368
7,715
20,800
675

71
00
00
00

1,100 00
1,251 38
$54,910 09

Cash on Deposit in Bank: Housatonic National Bank

$1 ,251 38

Whole amount of interest or profits received or earned •
$2,494 09
812 89
Rate a~d amount of each semi-annual dividend for } 2 per cent
. j
previous year .
.
.
.
•
•
.
2 per cent
•l
924 75
Times for the dividends fixed by the by-laws: first Wednesday in
January and July.
The total amount of loans, with each specified rate of interest:
$22,575, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
33
Aggregate amount of the same .
18,575 00
Number of open accounts •
260
Number and amount of deposits received for previous year • 310
14,843 40
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
3
1,540 00
Number and amount of withdrawals
119
8 321 54
Number of accounts open ed the previous year.
66
Number of accounts closed the previous year •
36
Amount of expenses of the corporation during previous year .
343 54
Amount of treasurer' s bond
5,000 00
Date of examination by commis ioner: Aug. 2.

PuRuc FuNDs.
Par Value.

United

"

t at es 4--½s
"
4s

City and town bond
City of F all River U·
T owu of L e 6s

E 5 tima ted
!Amount Invested.
Market Vnlue.

$3,000
13,200

$3,360 00
15,312 00

$3,2 8 75
14,375 12

$3 ,000
2,000

$3,810 00
- ,000 0

$3 810 00
1, 94 84

$-1,200

$24,482 00

$-3,368 71

---

PUBLIC DOCUMENT- No. 8.

1882.J

217

BANK STOCK.

Estimated
Market Value.

Amount Invested.

$3,100
500
1,500

$4,650 00
725 00
2,340 00

$4,650 00
725 00
2,340 00

$5,100

$7,715 00

$7,715 00

Par Value.

Housatonic N at'l Bank, Stockbridge,
Mahaiwe Nat'l B'k, Gt. Barrington,
Pittsfield Nat'l Bank, Pittsfield

28

218

C. H.

BANK COMMISSIONERS' RE P ORT.

MERRICK,

[Jan .

MONSON• SAVINGS BANK - MONSON.
Incorporated 1872. Number of corporators, 18.
President.
Treasurer, E. F.

MORRIS.

STATEMENT.

LIABILITIES,

Deposits
.
.
Earnings undivided
Guaranty fund .

ASSETS.

$443,987 34
6,413 03
5,410 00

Public funds
.
.
Loans on public funds
Bank stock
.
.
Loans on bank stock .
Rai lroad bonds .
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Deposit in banks on interest,
Taxes paid .
Cash on hand

$75,710
2,000
43,355
14,300
4,144
31,413
215,005
20,095
45,000
475
4,311

$455,810 37

00
00
25
00
65
82
00
00
00
00
65

$455,810 37

Loans on Public Funds: On $2,000 United States 4s

$2,000 00

Loans on Bank Stock, amount on each: On 67 shares Monson National Bank
On 10 shares Third National Bank, Springfield
On 90 shares City National Bank, Springfield .

$5,300 00
1,000 00
8,000 00

Cash on Deposit in Banks, amount in each: Pacific National Bank, Boston .
City National Bank, Springfield.

$30 000 00
15,000 00

..A.mount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

•

Whole amount of interest or profits received or earned
Rate a~d amount of each semi-annual dividend for} 2 per cent • {
previous year
.
.
.
.
.
.
. 2 per cent .
Times for the dividends fixed by the by-laws: first Monday in April
and October.
The total amount of loans, with each specified rate of int r t:
$50,000, 4 per ent; "112,550, 5 p r c nt; , 2,400, 5-½ per cent;
$106,425, 6 p r c nt ; ·5 900, 7 p r ent.
Number of out tanding loan which arc of an amount not
exce ding . '3,000 a h
107
A gg r gat amount f th am
Amount, f inv tm nt, from whi h no in ome is r c h ed
Number f op n a
unt
1,HJ
Numl>er and amount of cl posit r eiv d for pr vi u y ar
5
Numb r and amount of d po it f and x
ding '300 at any
one time for the pr viou y ar
65

$31 413
24,400
1 703
315

82
00
62
10

$24,443 55
,12 62
8,355 81

142 755 00
3,-00 00
93,354 82
85,870 96

1882.]

219

P UBLIC DOCUMENT- No. 8.

Number· and amount of withdrawals.
531 $61 ,477
Number of accounts op necl th I r vious y ar .
208
Number of accounts closctl the pr vious y ar .
130
Amount of exp ns s of the corporation during previous year .
986 75
Amount of treasurer's bond
10,000 00
Date of examination by commissioner: J uly 6.
P UBLIC F UN D S.

Pa r Vaine.

I
United States 4s

.

.

State, city , an<l town bonds:Massachusetts 5s
City of Worcester 5s
.
Town of Westfield 6s

.
.
.

.

.
.

Estima ted
Amount I nvested
Ma rket Va lu e.

$50,000

$58 ,000 00

$50,000 00

$2, 000
13,000
10,000

$2,350 co
15,UOO 00
10,700 00

$2,210 00
13,950 00
9,550 00

$75,000

$86, 050 00

--

$75,710 00

BANK S T OC K.

North Nat'l Bank, Boston
.
.
Eagle Nat' l Bank, Boston
North America Nat'l Bank , Boston.
Redemption N at'l Bank, Boston
Blackstone Nat'l Bank, Boston
Eliot Nat 'l Bank, Boston
.
Massachusetts N at'l Bank, Boston
Suffolk N at 'l Bank, Boston
.
Tremont Nat'l Bank, Boston .
Merchants' Nat' l Bank , Boston
.
State N at'l Bank, Boston
Webster Nat ' l Bank, Boston
Hide and Leather N at 'l B'k , Boston,
Commerce Nat 'l Bank, Boston
.
Revere Nat' l Bank, Boston
Exchange N at 'l Bank, Boston .
City Nat'l Bank , Springfield .
Ware Nat'l Bank , Ware.
.
Monson Nat'l Bank, Monson

.

.

.

.

.
.

.
.
.

$2,000
2,000
2,000
2,500
1,500
2,500
500
4,000
1,000
3,000
500
1,000
1,000
2,500
1,100
500
2,000
300
5,200

$2,880
2,400
2,300
3,500
1,740
3,000
625
4,900
1,220
4,410
625
1,125
1,175
3,250
1,342
725
2,600
375
7,280

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$2,465
2,260
2,290
3,576
1,440
2,800
641
5,070
1,150
3,946
577
1,065
1,162
3,859
1,277
881
2,000
382
6,510

00
00
00
50
00
00
50
00
00
25
75
00
75
50
25
25
00
50
00

I

$35,100

$45,472 00

' $43,355 2 5

$5,500 00

$4,144 65

RAILROAD BONDS,

Eastern Railroad

$5,000

220

BANK COMMISSIONERS' REPORT.

[Jan.

NANTUCKET INSTITUTION FOR SAVINGS - NANTUCKET.

Incorporated 1834. Number of corporators, 37.
THOMAS

G.

FOLGER,

President.

Treasurer,

MATTHEW BARNEY.

STATEMENT,

LIABILITIES.

.ASSETS.

I

Deposits
Earnings undivided
Guaranty fund .

.

.

$365,058 80
36,423 48
3,797 09

Loan on public funds .
Bank stock
.
Loan on savings bankbook,
Real estate .
.
.
.
Real estate by foreclosure .
L oans on real estate
L oans on personal security,
Loans to counties, cities, or
towns.
Deposit in banks on interest,
Expense account.
Cash on hand and in bank .

.

----$405,279 37

$200
1,400
50
3,575
56,706
237,542
26,035

00
00
00
00
52
35
64

1,000
71,177
646
6,946

00
04
71
11

- -- -

L oan on P ublic Fund: On $500 United States 4½s .
Ca.c,h on Deposit in Banks, amou nt in each: North National Bank, Bost?n
Maverick National Bank, Boston
National Bank of Redemption, Boston
Revere National Bank, Boston •
Pacific National Bank, Boston .

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by fo reclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .
Wbole amount of interest or profits received or earned .
.
Rate and amount of semi-annual dividend for previous year, in July,
2 per cent
Time for the dividends fixed by the by-laws: fir t Monday in January and July.
The total amount of loans, with each specified rate of interest:
$1,000, 4½ per cent; $21,850, 5½ per cent; $163,952.35, 6 per cent;
$56,102.50, 6½ per ent; $5, 10, 7 p r nt.
Number of out tandino- loans whi h are of an amount not
ex ecding $3,000 a h
2
A ggr gate amount of th am
Amount of inv tm nt from which no incom i r c iv d
um b r of op n a ouuL •
1 191
Number and amount of deposits rec ived for previous y ar, 1,644

$4.-05,279 37

$200 00

$21 919
17 236
16,00~
16,011
4,046

11
97
86
10
07

$3,575
3,575
56 706
48 600
3,379
1,033

00
00
52
00
67
65

$21,317 34
7,518 99

94,534 35
16,113 14
66,545 71

1882.J

PUBLIC DOCUMENT-No. 8.

221

Number and amount of deposits of and exc ecling $300 at any
one time for the previous y ar
61 $31,909 32
Number and amount of withdrawals
1,112 137, 85 09
Number of accounts opened the previous year.
130
Number of accounts closed the previous year .
437
Amount of expenses of the corporation during previous year.
1,770 01
Amount of treasurer's bond
10,000 00
Date of examination by commissioner: Aug. 25.
BANK STOCK,

Commerce Nat'l B'k, New Bedford,

Par Value,

Estimated
l\:Iarket Value.

Amount Invested,

$1,400

$1,722 00

$1,400 00

222

[Jan.

BANK COM ifISSIONERS' REPORT.
NATICK FIVE CENTS SAVINGS BANK - NATICK.
Incorporated April 5, 1859. Number of corporators, 52.

JOHN

0.

WILSON,

President.

Treasu1·er,

JAMES

W HIT~'EY.

STATEMENT.

LIABILITIES.

ASSETS.

II
D eposits
.
.
Earnings undivided
Guaranty fund

$658,095 80
18,936 20
6,089 93

Public funds
.
.
Loans on public funds
Bank stock .
.
.
Loans on bank stock .
.
Real estate by foreclosure .
L oans on real estate .
.
Loans on personal security,
L oa ns to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Furniture anu. fixtures
.
Cash on hand and in bank,

$683,121 93

L oans on Public Funds: On $5,050 United States 4s
L oans on Bank Stock, amount on each: On 30 shares Wachusett National Bank
On 20 shares Dedham National Bank and 5 shares Eliot National
Bank
On 38 shares Natick National Bank aud 6 shares Rollstone National Bank, 6 shares Second National Bank, and 50 shares Commonwealth National Bank

$59,550
5,025
100,436
15,410
5,300
327,987
56,175

97
00
87
00
00
69
00

11,000
90,000
583
11,652

00
00
99
41

$683,121 93

$5,025 00
$3,000 00
2,410 00

10 000 00

.

Cash on Deposit in Banks, amount in each: N a tick National Bank, Na tick •
Wachusett National Bank, Fitchburg
Exchange National Bank, Boston
Central National Bank, Boston .

'54,348
5,000
25,000
15,000

88
00
00
00

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real est.ate .

$5 300
3 25
253
60

00
00
20
49

Whole amount of interest or profits received or earn cl
$3 760 24
Rate a~d amount of each semi-annual dividend for} 2½ per c nt .· { 13,447 50
prev10u year .
.
.
.
.
.
.
2-½ p r c nt
15,036 24
Times f r t.he di vi den is fixed by the by-law : fir t Saturday in fay
and ovemb r.
Average annual p r cent of dividends for tbe term ending at time
of and including la!'lt extra dividend: 5 p r nt.
The total amount of loan with a h p cifi cl rate f int re t:
$5,000, 3½ p r
nt; $: 1,410, 4 p r c nt; $9,300 , 6 p r
nt;
$130,2, 0, 6 per cent.; $223,197, 6½ p r c nt; $17,94 , 71~ p r cent;
$2,820.69, 7t per cent.

1882.J

PUBLIC DOCUMENT-No. 8.

223

Number of outstanding loans which are of an amount not
252
exceeding $3,000 each
. "238,052 69
Aggregate amount of the same .
Number of open accounts .
2,958
Number and amoun t of depos its received for previous year, 3,208 213,270 19
Number and amoun t of deposits of and exceeding $300 at any
. 170
97,279 34
one time for the previous year
Number and amo unt of withdrawals
1,708 123,749 44
Number of accounts opened the previous year.
. 669
Number of accounts closed the previous year .
• 345
1,395 10
.A.mount of expenses of th e corporation during previous year
30,000 00
.A.mount of treasurer's bon d
Date of examination by commissioner: July 27.
PUBLIC FUNDS.

Par Value.

.

.

.

.

E stimated
Mark et Value.

Amount Invested.

. .

$10,000
3,000

$11 ,662 50
3,037 50

$10,000 00
3,026 25

City and town bond,s : .
City of Boston 4s .
.
of Fall River 5s, water bonds
of Cambridge 6s, sewer loan
Town of Natick 7s, water bonds
of Brookline 7s, water bonds.

$10,000
16,000
4,000
1,000
10,000

$10,350
16,960
4,800
1,092
13,800

$10,132
16,720
4,780
1 ,092
13,800

$54,000

$61,702 50

United States 4s
"
" 3½s

.

.

.

.

----

00
00
00
50
00

22
00
00
50
00

-----$59,550 97

BANK STOCK.

Atlas Nat'l Bank, Boston
Boston N at'l Bank, Boston
BoylstO'fl Nat' l Bank, Boston
Central Nat'l Bank, Boston
Continental N at 'l Bank, Boston
Columbian Nat ' l Bank, Boston
Commonwealth N at'l Bank, Boston,
Commerce Nat'l Bank, Boston
Dedham N at'l Bank, Dedham.
Eliot N at'l Bank, Boston
Everett N at'l Bank, Boston
Exchange Nat'l Bank, Boston
First Nat'l Bank, Chelsea
Home N at'l Bank, Brockton .
Howard N at'l Bank, Boston .
Metropolitan N at'l Bank, Boston .
Merchandise Nat'l Bank, Boston
Merchants' N at'l Bank, Boston
Monument Nat'l Bank, Boston
Natick Nat' l Bank, Natick
Newton N at'l Bank, Ne wton .

$2,600
11,500
700
2,700
500
1,300
2,100
4,600
3,300
1,400
7,000
1,500
3,200
5,500
6,200
400
3,200
4,600
1,500
2,000
2,000

$3 ;250
14,720
896
3,246
593
1,852
2,530
5,790
3,900
1,683
8,120
2,160
4,000
6,325
8,168
491
3,512
6,704
3,1 38
2,400
2,300

oo·
00
00
75
12
50
50
48
00
50
00
00
00
00
75
00
00
50
75
00
00

$3,180
13,886
845
2,693
581
1,855
2,654
5,684
3,926
1,715
8,210
2,160
3,976
5,575
7,779
400
3,501
6,393
2,775
2,000
2,230

00
25
25
00
25
75
75
50
50
00
00
00
00
00
37
00
25
75
00
00
00

224

.

BANK COMMISSIONERS' REPORT.

[Jan .

BANK STOCK - Concluded.
Par Value.

North N at'l Bank, Boston
.
.
North America Nat'l Bank, Boston,
Redemption N at'l Bank, Boston
Republic Nat'l Bank, Boston
Second Nat'l Bank, Boston
State Nat'l Bank, Boston
Traders ' N at'l Bank, Boston •
Wachusett Nat'l Bank, Fitchburg

.
.
.

.
.
.
.
.
.

$400
4,100
1,400
3,000
1,000
700
500
3,700

Estimated
Market Value.

· $569
4,704
1,891
3,742
1,512
878
510
7,69.6

00
75
68
50
50
50
00
00

$82,600 $107,287 78

Amount Invested,

$516
4,716
2,135
3,825
1,560
771
530
4,360

00
50
00
00
00
75
00
00

100,436 87

PUBLIC DOCUME NT- No. 8.

1882.J

225

T HE NEW BEDFORD FIVE CENTS SA VIN GS BANK - NEW BEDFORD.
Incorporated. May 5, 1800. Number of corporators, 133.
GEORGE H OWLAND, Jun., P1·esident.
Tl'easw·er·, B . RICKETSON, Jun.
STATEMENT,

LIABILITIES,

A SSETS,

II

Deposits
.
•
-1$2,947,163 23
Earnings undi vided .
53,U12 08
Guar anty fund •
37 ,318 54

$ 1,337,000 00
P ublic fu nds
.
.
209,500 00
Lna ns on public funds
177 ,!JOO 00
Bank stock .
.
.
22H 11
L oa ns on hank stock •
161,000 00
Railroad bonds .
•
450 00
Loans on bank book s .
294,520 64
.
Loans on real estate .
790,511 40
Loans on personal security,
L oans to counties, cities, or
4,000 00
to wns .
.
.
.
.
13,167 82
D eposit in b a nks on interest,
2,500 OD
Fixture a~couut .
.
.
Loan t o Citize ns' National
40.000 00
.
Bank.
Cash on hand

$3, 038,393 85

Loans on Public Funds:On $210,000 United States 4s
Loans on Bank Stock: On 7 shares Mechanics' Nation al Bank, New Bedford
Cash on D eposit in Banks, amount in each: Merchants' National Bank.
Citizens' National Bank
National Bank of Commerce
Mechanics' National Bank .
First National Bank .
National Bank of Redemption, Boston

I

$3,03:::: ::

• $209,500 00
$229 11
$1,507
1,062
981
3,663
1,377
4,574

Whole amount of interest or profits received or earned
• $150,592
Rate and amount of each semi-annual dividend for l 2 per cent . { 49,808
previous year .
.
.
.
.
.
.
. l 2 per cent •
54,359
Times for the dividends fixed by the by-laws: second W ednesday
in April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 6-½- per cent.
The total amount of loans, with each specified rate of interest:
$35,000, 3½ per cent; $50,000, 3¾ per cent ; $279,000, 4 per cent;
$'i5,000, 4¼ per cent; $135,000, 4-½ pP,r cent; $346,715, 5 per cent;
$11,600, 5½ per cent; $366,896.15, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 255
Aggregate amount of the same .
207,695
Number of open accounts .
11,679
Number and amount of deposits received for previous year, 7,997 735,952
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 731 484,036
·29 -

18

67
52
79
83
83
48
86
39

70
64
20

226

BANK co:MMISSIONE!rS' REPORT.

Number and amount of withdrawals
4,605
Number of account opened the previous year.
1,725
Number of accounts clo ed the previous year .
893
Amount of expenses of the corporation during previous year.
Amount of trea urer's bond
Date of examination by commissioner: Aug. 18.

PunLTC

39 ,955 49

7,676 91
15,000 00

FUNDS,

Par Value.

.

[Jan.

Estimated
ruarket value.

Amount Invested.

Funded loan, 4½s, 1881 .
United States 4s, lSDl
Funded loan, 5s, extended 3½, 1881,
United States 6s, old, ext. 3½s, 1881 ,
Currency 6s due 1895
.
•
.

$83,500
104,500
124,000
1,000
175,000

$94,355
121 ,350
126,480
1,010
227,500

00
00
00
00
00

$83.!'iOO
104 ,500
124,000
1,000
175,000

00
00
00
00
00

City and tow-n bonds: City of Norwich
.
of Portland, Me.
of New Bedford 5s .
of New Bedford, water
of Cambridge .
.
of Newport
.
of Chel ea
.
of Bm1gor
of New Haven
.
of Charlestown
of Lowell
of H artford, Conn.
of alem.
of Fall River .
of Bo ton .
Town f Northampton
of North !Jriclgewater
of ;(ew Haven
of Holyoke

$13,000
99,000
23,000
95,000
30,000
10,000
95,000
66,000
47,000
25,000
25,000
2,000
25,000
73,000
10,000
111 ,000
40,000
10,000
50,000

$ 13,910
103,950
23,000
111,150
32,100
10.400
108.300
72,600
49,350
25 750
-7 ,250
2,180
27,2;'50
74,460
10,100
116,550
40,400
10,nOO
55,500

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$13,000
99,000
23,000
95 000
30 000
10,000
95,000
66,000
47,000
25,000
25,000
2,000
25,000
73,000
10,000
111,000
40 000
10 000
50,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

.

.

.
.
.

.

.
.
.
.

.

.

.
.
.
.
.
.
.

.

.
.

.

.

.

.
.
.
.

.
.

.

.

.
.

.
.

$1,337,000 $1,485,395 00 $1,337,000 00

BANI(

Tl1ird Nat'l Rank, Springti ld
Franklin Nat'l Bank, Franklin
.
s' Nat'] Bank, New Bedford,
'l B:u1k, N
rd
.
J:r at I Ua n1· .
B clfor<l .
B tlford,
e · at'l Bnnk,
'l Ba11k, B s
1t a l Banl
ton
at'l Hnnk. H
' I Bn.nk Bo. ton
.
' Bank, B ton .
n1H

:wL

nL'I Uank, 13 l n
L'l Ba.uk, 13 st n

'TOCK.

$10,000
6,000
49,400
19,100
20,000
_.J.,10
10 000
10 , 00
L,<100
2,000

-,500
- 500
10 00

$16,000
6 000
0 o_
25 671
_. ,450
3 ,099
H>,900
17 ,32:"5
14.5:20
2,415

00
00
00
00
0
00
00
00
00
00

0,01:.. 0

-,U '7 00

H 000 00

$177,&00 $-59,107 00

$10,000
6 000
49 400
19,100
-0 000
24 400
10,000
10 000
1:.. 000
-,000
'..., "00
2 500
10,000

0
00
00
00
00
00
00
00
00
00
00
00
00

$177,900 00

1882.J

PUBLIC DOCUMENT-No. 8.

227

RAILROAD BONDS.

Par Value.

.

.
.
.

Boston and Albany 6s
Eastern Hailroad
.
Old Colony 6s .
Old Colo11y 7s .
Boston and Maine Railroad
Mans.field and .Framingham R.R.

.
.

.
.

.

.
.
.
.

$10,000
52,500
30,000
20,000
15,000
33,500
$161,000

I l\Iarke
E stlm ~tecl
IAmount Invested.
t Va ine.
$11,400
52,484
33,900
2;_i,D50
18,0::17
25,U:27

00
00
00
00
00
OU

$10,000
52, 500
30,UUO
20 ,0UO
15 ,UUO
3J,4')U

00
00
00
00
00
00

----- ----$165,948 00

$161,000 01

228

[Jan.

BANK COMMISSIO ERS' REPORT.

NEW BEDFORD INSTITUTION FOR SAVINGS - NEW BEDFORD.
Incorporated 1825. Number of corporators, 119.
WILLIAl\1 WATKINS, P resident .
Treasw·e1·, CHARLES H. PEIRCE.
STATEMENT.

ASSETS.

Deposits
.
.
Earnings undivided
Guaranty fund .

$ 9,315,018 11
95,668 88
163,000 00

I

I

$2,848, 62 50
Public funds
.
100,500 00
Loans on public funds
1,410,360 00
Bank stock .
.
.
25,550 00
Loans on bank stock •
760,000 00
Railroad bonds .
~0.000 00
Real estate .
.
.
.
715/l60 00
Loans on real estate .
.
3,186,055 36
Loans on personal security,
Loans to counties, cities, or
42,300 00
towns.
.
.
.
.
443,649 08
Deposit in banks on interest,
6!3 95
Expense account.
~50 00
Loans on deposits
9,555 60
Cash on hand
9,573,686 49

'9, 573,686 49

Loans on Public Funds, amount on each: On $100,000 United States 4s
On 500 United States 3{-s .

• $100,000 00
500 00

Loans on Bank Stock, amount on each: On 20 shares Merchants' National Bank, New Bedford •
On 40 shares :Mechanics' National Bank, New Bedford •
On 35 shares National Bank of Commerce, New Bedford
On 9 shares First National Bank, 15 shares Mechanics' National
Bank, and 22 shares National Bank of Commerce
On 15 shares F almouth National Bank
On 63 shares Third National Bank, Springfield
On 100 shares Franklin County National Bank
Cash on Deposit in Banks, amount in each: Merchants' rational Bank, N w Bedford.
Fir t ational Bank, e·w B dforcl .
National Bank of Comm r , .r ew Bedford
Mechanic ' National Bank, N w Bedford.
Citizen ' Nati nal Bank, New Bedfo rd
Massachu ett. National Bank, Bo ton
National Bank of R publi , Bo ton .
Nati nal Bank of Reel mpLion, Bo ton
Exchange ational Bank B t n
Mav ri ·k Nati nal Bank, B to n
bapin aLi nal Bank, prin,,.ficlcl
Am unt invc L cl in r al Lat. (f r banking purpo
EsLimaLc>d val n f Llw same
m unL of municipal La.· on r 'al
Lat

$1,650 00
2 600 00
2,000 00
2,000
1. 00
6,300
10 000

00

00
00
00

~2 664 00
6
4

7

30 -1-62
-1- ,000
-10 -ir
130,000
l

Whol am nnL of inLc>r sL r profit rcC'C'iv cl r rarnrcl
Rate and amount f ach mi-annual dividend f r } 2 p r nt
previous year •
2 p r c nt

....1
00
7n
00

·;{ ,00 00
· 0,00

:H5

00

no

1882.J

P UBLIC DOCUMENT- No. 8.

229

Tim s for the dividends fi x d by th by-law : April and O tober.
The total amount of loan , with ach sp cifiecl rat,e of int, rest:
$20 000, 3 per cent; $50, 000, 3½ per cen t; $1,951,200, 4 per cent;
$467,000, 4½ per cent; $50,000, 4! per cent; $954,175.70, 5 per
cent ; $58, 000, 5-½ per cen t ; $392, 39.66, 6 per cent; $127,400, 7
per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 162
$149,152
Aggregate amoun t of the same •
Number of open accounts •
18,504
Number and amount of deposits received for previous year, 9,367 1,337,343
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
1,107 686,325
Number and amount of withdrawals
10,758 1,347,755
Number of accounts opened the previous year •
2,292
Number of accounts closed the previous year .
1,762
Amount of expenses of the corporation during previous year .
16,571
Amount of treasurer' s bond
20, 000
Date of examination by commissioner : Aug. 17.

12
28
78
89

54
00

PUBLIC FUNDS.

E stimated
Ma rket Value.

Amount Invested.

$700,000 $791,000 00
805,500 934,000 00

$721 ,000 00
820,812 50

-$336,000 $389,000 00
1,000
1,000 00
50,000
56,000 00
100,0CO 110,000 00
5,000
5,500 00
20,000
21 ,200 00
70 ,500
77,500 00
13,000
14,0Q0 00
10,000
12,000 00
100,000 110,000 00
50,000
57,500 00
20,000
21,~00 00
50,000
54,000 00
29,050
31,000 00
85,000
96,900 00
4,500
4,700 00
17,000
17,800 00
39,000
41,700 00
3,000
3,000 00
5,100 00
5,000
5,000
5,600 00
5,000
5,500 00
6,000
6,600 00
3,200 00
3,000
17,000
17,800 00
55,000 00
50,000
55,000 00
50,000

$336,000
1,000
50,000
100,000
5,000
20,000
70,500
13,000
10,000
100,000
50,000
20 ,000
50,000
29,050
85,000
4,500
17,000
39,000
3,000
5,000
5,000
5,000
6,000
3,000
17,000
50,000
'50,000

Pa r Value.

United States 4½s
"
" 4s

.

.

.
.

.

.

State, city, and town bonds: City of New Bedford 6s .
of New Bedford 5s .
of New Bedford 7 s .
.
of Charlestown 5s .
of Springfield 6s
of Manchester, N.H ., 6s
of Middletown, Conn., 6s
of Northampton 6s .
of Norwalk, Conn., 7s .
of Bangor, Me., 6s
.
of Meriden, Conn., 7s
of Hartford,. Conn., 6s .
.
of Salem 6s
.
of Burlington, Vt., 6s
of Chelsea 6s
of Augusta, Me., 6s
of Dover, N.H., 6s .
.
of Bath, Me. , 6s (municipal)
of Newport, R.I., 6s
.
of Concord, N .H., 6s
Town of Greenfield 6s .
of Buckland 6s
of Shelburne 6s
of Adams 6s .
of Mal den 5s .
.
of Malden 6s .
of Medford 6s
.

.
.

.

.

.
.

.
.

.
.
.
.
.
.

.

. .
.
. . .
.

.
.
.

.
.
.

.
.
.
.
.
.
.
.

.

.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
..

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

230

BANK COMMISSIONERS' REPORT.

[Jan.

P u nLIC FUNDS - Concluded.
Par Value.

.

.

.
.

Town of Melrose
.
of H arwich 7s
of Edgartown 6s .
of Attleborough water 7s
County of Sagadahoc, Me., 6s

.
.

$50,000
4,000
40,000
50,000
19,000

Estimated
:Market Value.

$55,000
4,000
42,800
60,000
20,000

.Amount Invested.

00
00
00
00

oo I

$50,000
4,000
40:000
50,000
19,000

00
00
00
00

oo

$2,812,550 $3,185,200 00 $2,848,862 50

I

BANK STOCK.

Merchants' Nat'l B'k, New Bedford,
First Nat'l Bank, New Bedford
.
Commerce Nat'! Bank, New Bedford,
Mechanics' Nat'l B'k, New Bedford,
Citizens' Nat' l Bank, New Bedford,
Ffrst Nat'l Bank, Chelsea
.
.
So. Heading Nat'l Bank, ·wake:field,
Fall Hiver Nat'l Bank, Fall River .
Metacomet Nat'l Bank, Fall River .
First ~at' l Bank, Malden
.
Fairhaven Nat'l Bank, Fairhaven
Railroad Nat'l Bank, Lowell .
Thil'd Nat'! Bank, ~p ring:field
, ,v achusett Nat'l Bank, Fitchburg .
Hide and Leather N at' l B'k, Boston,
.
Boston Nat'! Bank, Boston
Howard Nat'l Bank, Boston .
Exchange Nat'! Bank, Boston.
Commerce Nat'l Bank, Boston
Second at' l Bau k, Boston
.
.
North America Nat' l Ba11k, Boston.
l\faverick ;\'at'! Bank, Boston .
Hepuulic Nat'! Ba11k, Boston .
Fir t Nat'! Bank, Boston
.
Merchants' ~at'l Bank, Boston
J~liot l\'at'l Bank, Bo ton
North Nat'! Ballk, Boston
City ~at 1 Bank, Boston .
Tremont .r at'l Bank, Boston .
Hamilton ra,L'I Bauk, Bo ton .
Shawmut i\at'l Ba,nk, Bo. ton.
Co11Lill e11Lnl ~at'l 13:rnk, Boston
Eagle l\'at'l Ha11k, Bo ton
.
l\Ja s. achnsetts l\'at'l Bank, Bo ton
Atlas Nat'l Hauk, Bo ton
nio11 .r aVI Bank, Bo.-ton
'tate N'at' l Bank, 13 . ton
Tracl , rs' at'l J3ank, Bo ton .
Columuian Tat,'! J3n.nk, Bo ton
l c,·er
at'I I a.11k, B ton
.
vVasl1i11gton aL'l Bank, Boston

$ 109,600 $175,360 00
135,600 183,060 00
136,600 187,140 00
100,000 150,000 00
100,000 11 5,000 00
24,000 00
20,000
8,150 00
7,000
20,000
27,000 00
25,000
31,250 00
15,000
17,550 00
1,760
1,650 00
9,000
10,800 00
32,000 00
20,000
5,000
9,500 00
19,700
22,860 00
14,300
18,300 00
18,300
17 ,290 00
2,000
2,880 00
45,600
57,000 00
52,600
78,000 00
38,000
43,700 00
l 0,000
23,000 00
48,500
63,000 00
23,000
47,600 00
3:2, 00 00
22,!500
,300
0.060 00
22,100
31,3 0 00
2,700
3 o O 00
3-1,' 00
41, ' 00 00
!),3()0 00
,:Joo
13,500
17,100 00
_5 000
20,;)00 00
1!),!)00 00
Hi, 00
~:3,!)00 00
43 r-oo
4;"5,000
00
36,000
1 ,!)00 00
1:?,•100
JO ,_to 00
,:200
1' ,:...50 00
1' ,000
36,000 00
26,000
50,9 0 00
49,100
13,000
1 ,-00 00

$109,600
135,600
136,600
100,000
100 000
20 000
7,000
20 000
25,000
15 000
1,760
9,000
20,000
5 000
19,700
14,300
13,300
2,000
45 600
5 ,500
3 ,000
10,000
4 ,500
34 500
22,500
,300
22.100
- ,700
34,' 00
30
1;J,500
26,000
16, 00
43,fl00
3(3,000
12,40()
,-0
13,0UO
26,000
49,100
13,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

1882.J

PUBLIC DOCUMENT-No. 8.

231

BANIC STOCK - Concluded.
Par Value.

Shoe and Leather Nat'l B'k, Boston,
New England Nat'l Bank, Boston .
Commonwealth Nat'l Bank, Boston.
Redemption Nat'l Bank, Boston
Everett Nat'l Bank, Boston
Merchandise Nat'l Bank, Boston
Monument Nat'l B'k, Charlestown .

.

.
.
.

$13,600
3,200
10,000
20,000
2,500
2,400
10,000

Estimated
:Market Value.

$15,230
4,640
12,000
27,000
2,900
2,640
20,000

00
00
00
00
00
00
00

Amount Invested,

$13,600
3,200
10,000
25,000
2,500
2,400
10,000

00
00
00

uo

00
00
00

$1,387,960 $1,882,810 00 $1,410,360 00

RAILROAD BONDS.

. .
.
.. ..

Boston and Albany 7s .
Boston and Albany 6s
New Bedford 7s
.
Worcester and Nashua 5s
Boston and Providence 5s

.

. .
. .

$450,000 $560,000 00
57,500 00
50,000
75,000
90,000 00
125,000 125,000 00
61,000 00
60,000

$450,000
50,00(1
75,000
125,000
60,000

00
00
00
00
00

$760,000 $893,500 00

$760,000 00

232

BANK COMMISSIONERS' REPORT.

[Jan.

NEWBURYPORT FIVE CENTS SAVI NGS BANK - NEWBURYPORT.
Incorporated April 24, 1851. Number of corporators, 45.
EBEN Su111NER, President.
Treasurer, JOHN A. lYUYNARD.
STATEl\IENT .

LIA.BILITIES.

Deposits
•
.
Earnings undivided
Guaranty fund .

ASSETS,

.1

$642,566 24

Public funds
Bank stock .
.
L oans on bank stock
Railroad bonds .
Real estate .
.
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Deposit in banks on interest,
Expense account .
Cash on hand

92,89U 92

6,701 78

$742,167 94

I

Loans on Bank Stock: On 20 shares Ocean National Bank and 14 shares Mechanics' National Bank, Newburyport .

45,000 00

111,o00 00

2,000 00
5,000 00

43,94:l 4(j

167,74U 69

290,16,! 00
2~J,82U 00
41,866 80

133 33
4,882 (i6

$742,167 9-!

$2 000 00

Cash on Deposit in Banks, amount in each: First National Bank, Newburyport
Maverick National Bank, Boston

$31 935 95
9,930 5

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estat!:) lleld by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of munic ipal tax on real estate .
Whole amount of interest or profits received or earned

$43,942
40,000
167 749
163 · 20
2 · 1·
3 · 96
39 -71

46
00
69
00
29

13,2 2

6

Rate and amount of semi-annual divid nd for pr iou year, 2 p r
cent in ovember •
Times for the dividends fixed by the by-laws: fir t Monday in
May and November.
The total amount of loans, with each specified rate of inter t:
$8,000, 3 per cent; ·2,000, 4½ p r c nt; $2 000 15 p r
nt~
$16,700, 5½ per c nt; $199,218, 6 per c nt· $1; 4GO, G-½ p r
nt;
$47,775, 7 per
nt; $2, 050, 7 36 I r
nt; $2 600, 7t .P r ent;
$2,200, 8 p r cent.
Number of outstanding loan which are of an amount not
exceeding $3, 00 each
lW
Aggregate amount of the ame .
A.mount of investment from which no income i r c iv d
•
Number of open accounts .
· ,1 2
Numb rand amount of d po iL rec iv d for pr vio,1 y ar . -U
Number and amount of dep s its of and e.·ce ding $300 :1t any
one time for the previous year
54

3
3

17:3,0!l:~ 00
109 ' l7 9-

9 000 OG
20 30' 14

233

PUBLIC DOCUMENT - No. 8.

1882.J

1,890 $293,547 95
Num ber and amount of withdrawals
• 150
Number of account opened the previous year .
1,154
Num ber of accounts clo eel the previous year .
1,768 12
Amoun t of expenses of the corporation during previous year
20,000 00
A mount of treasnrer's bond
Date of examination by commissioner: J une 6.

Punuc

United States 6s, currency
City bonds : City of Bangor, Me., 6s •
of Springfield 6s

.

.

F UNDS .

P ar Value.

Estima ted
Market Value.

Amount Invested.

$30,000

$39, 900 00

$30,000 00

$10,000
5,000

$11,200 00
5,300 00

.$10,000 00
5,000 00

$45,000

$56,400 00

$45,000 00

--

.

BANK STOCK.

.
.
..
.
.

Atlantic Nat'l Bank, Boston .
Atlas Nat' l Bank, Boston
Boylston N at'l Bank, Boston
.
Boston Nat'l Bank, Boston
Blackstone Nat'l Bank, Boston
Columbian N at'l Bank, Boston
Commerce N at'l Bank, Boston
.
Continental Nat') Bank, Boston
Commonwealth Nat'l Bank, Boston,
City Nat'l Bank, Boston .
Exchange N at 'l Bank, Boston
.
Eliot Nat 'l Bank, Boston
. .
Eagle N at'l Bank, Boston
Everett Nat'l Bank, Boston
Howard N at'l Bank, Boston
Hamilton Nat' l Bank, Boston .
Hide and Leather Nat'l B'k, Boston,
Market Nat ' l Bank, Boston
Maverick Nat'l Bank, Boston .
North America Nat'l Bank, Boston,
New England Nat'l Bank, Boston
Republic Nat'l Bank, Boston
Revere N at'l Bank, Boston
Shawmut Nat'l Bank, Boston
Suffolk Nat' l Bank, Boston
Tremont Nat'l Bapk, Boston
.
Third N at'l Bank, Boston
.
Union Nat'} Bank, Boston
.
.
Webster Nat'l Bank, Boston
First Nat ' l Bank, Newburyport
.
Ocean Nat' l Bank, Newburyport .
Mechanics' Nat'l Bank, Newburyp't,

.
.

.

.
.
.
.

.

.
.
.
.

.

.
.

.
.

.

.
.
.
.
.

.
.
.

$1,000
6,000
800
1,700
3,300
1,300
1;soo
4,200
5,000
8,000
500
3,300
7,400
5,000
1,500
1,000
2,500
800
4 ,000
1,000
1,000
2,300
3,700
1,000
1,200
3,300
10,400
2,400
5,600
10,500
1,000
9,100

$1 ,535
7,500
1,024
2,176
· 3,795
1,852
2,317
4,982
6,025
10,160
720
3,968
8,880
5,856
1,951
1,130
2,912
878
10,000
1,1 50
1,455
3,01 3
4,514
1,275
1,462
4,026
11,076
3,684
6,244
16,380
1,400
12,922

00
00
00
00
00
50
50
25
00
00
00
25
00
00
87
00
50
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00

$1 ,000
6,000
800
1,700
3,300
1,300
1,800
4,200
5,000
8,000
500
3,300
7,400
5,000
1,500
1,000
2,500
800
4,000
1,000
1,000
2,300
3,700
1,000
1,200
3,300
10,400
2,400
5,600
10,500
1,000
9,100

$111 ,600 $146,265 37
.

Old Colony and Newport 7s
'.'.lf'I

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$111, 600 00

RAILRO AD Boxos.
$5,000

$(; ,;J50

(1 0

I

:Jl:5,000 00

234

GEORGE

BANK COMMISSIONERS' REPORT.

[Jan.

NEWTON SAVINGS BANK - NEWTON.
Incorporated June 17, 1831. Number of corporators, 16.
HYDE, President.
Treasurer, SusA.NNA. M.

DUNCKLEE.

STATEMENT.

LIABILITIES.

ASSETS.

II
Deposits
.
.
Earnin_gs undivided
G,iaranty fund .

$942,328 97
14,09G 10
10,241 00

Public fnnds
.
•
L oans on public funds
Bank stock .
.
•
Loans on bank stock .
Railroad bonds •
.
.
Real estate by foreclosure •
Loans on real estate .
.
Loans on personal securitJ,
Deposit in banks on interest,
Expense account.
Cash on Land

$112,354
6,500
39,725
3,oOO
53,838
43,442
490,739
143,100
71,200

70
00
00
00
98
37
94
00
00
UOfJ 07
1,256 01

$966,666 07

$9G6,666 07

Loans on Public Funds: On $34,000 United States 6s, extended

$6,500 00

Loans on Bank Stock, amount on each:On 25 shares Newton National Bank, Newton •
On 65 shares Old Boston National Bank, Boston

$2,000 00
1,600 00

Cash on Deposit in Banks, amount in each:Wachusett National Bank .
Pacific National Bank, Boston •
Central National Bank, Boston .
Amount of real estate held by foreclosure
Assessed value of the same
.Amount of income received from the same
Amount of municipal tax on real estate •

•

$35,200 00
22,000 00
14,000 00

•

$43,442
42,500
2,077
595

Whole amount of interest or profits received or earned •
•
Rate a_nd amount of each semi-annual dividend for} 2 per cent . {
prev10us year .
.
•
.
•
•
.
. 2 per cent •
Times for the dividends fixed by the by-laws: Jan. 1 and July 1.
The total amount of loans, with each specified rate of interest:
$3 ,500, 5 per cent; $6,000, 5½ per cent; $467,305.50, 6 p r cent;
$25,300, 6½ per cent; $102,634.44, 7 per c nt; $1,500, 7t per cent;
$2,700, 8 per c nt.
Number of out landing loans which are of an amount not
exceeding $3,000 each
·
• 130
Aggregate amount of the same .
Amount of investment from which no income is received
Number of op n a count .
3 867
Number and amount f d po it r c ived for pre iou year, 3,583
Number and amount of depo its of and exceeding $300 at any
one time for the previous year
. 160

37
00
35
00

$57,429 98
15, 22 09
16,784 70

195,759 94
3,0 0 00
289,478 97
107,627 15

1882.J

235

PUBLIC DOCUJ\IIENT-No. 8.

1,806 $100,665 49
Number and amount of withdrawals
•
638
Number of accounts opened the previous year
• 225
Number of accounts closed th e previous year •
3,1'41 18
Amount of expenses of the corporation during previous year
Amount of treasurer's bond
20,000 00
Date of examination by commissioner: July 12.
PUBLIC FUNDS.

Par Value.

City bonds: City of Boston 4s •
of Lawrence 6s, water loan
of Lowell 6s, water loan .
of Newton 5s, water loan .
of Worcester 5s, municipal

.

.
.
.
.

.

.

$20,000
12,000
6,000
50,000
20,000

Estimated
:Market Vaine.

$21,000
14,040
7,020
56,500
21,400

00
00
00
00
00

Amount Invested.

$20,000
13,279
6,545
51,358
21,171

00
23
46
88
13

--- -- - ----- -

$108 000 $119,960 00

$112,354 . 70

BANK STOCK.

Brighton Nat'l Bank, Boston .
.
Commonwealth Nat'l Bank, Boston,
First N at'l Bank, Cambridge .
Merchandise N at'l Bank, Boston
Natick Nat'l Bank, Natick'
Newton Nat'l Bank, Newton .
Pacific Nat'l Bank, Boston
.
S. Framingham N at'l B'k, S. Fram.
Union Market N at'l B'k, Watertown,
,vachusett Nat'l Bank. Fitchburg
Waltham Nat'l Bank, Waltham
State Nat'l Bank, Boston
Revere Nat'l Bank, Boston

$700
3,000 ·
1,000
~,400
2,500
1,500
10,000
5,000
7,300
2,500
225
600
3,000

$749
3,615
1,620
2,640
3,000
1,725
10,501)
5,075
8,030
5,125
240
753
3,660

00
00
00
00
00
00
00
00
00
00
00
00
00

$700
3,000
1,000
2,400
2,500
1,500
10,000
5,000
7,300
2,500
225
600
3,000

00
00
00
00
00
00
00
00
00
00
00
00
00

$46,732 00

$39,725 00

$40,000
10,000

$50,800 00
10,800 00

$43,838 98
10,000 00

$50,000

$61,600 00

$53,838 98

$39,725

RAILROAD BONDS.

Boston and Albany 7s
Mansfield and Framingham 7s

.

•

.

.

-----

236

BANK COMMISSIONERS' REPORT.

[Jan.

NORTHAMPTON INSTITUTION FOR SAVINGS-NORTHAMPTON.

Incorporated 1842. Number of corporato rs, 18.

H .. G.

KNIGHT,

P resident.

Tteasurer, L.

MALTBY.

STATEMENT.

LIABILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund .

.

ASSETS.

I
$1,865,867 44
25,613 25
31,000 00

. .

Public fun ds
Bank stock
Loans on bank stock
Railroad bonds
Real estate
.
.
Real estate by foreclosure .
L oans on r eal estate
Loa us on personal secnri ty,
Loans to counties, cities, or
towns.
. .
Deposit in bank~s on interest,
Cash on hand

.. .

.

.
. .

$1,922,480 69

Loans on Bank Stock, amount on each : On 3 shares Hampshire County National Bank
On 99 shares First National Bank, Northampton
On 66 shares Northampton National Bank, Northampton
Cash on Deposit in Banks, amount in each: Northampton National Bank, Northampton
City National Bank, Springfield
Hampshire County National Bank •
Amount invested in real estate (for banking pmposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income r-eceived from the same
Amount of munic ipal tax on real estate .

$464,890
45,800
13,538
361,875
27,582
15,471
574,79!
81,135

63
00
70
00
40
75
81
00

7,300 00
325,395 11
4,697 29
$1,922,480 69

$300 00
8,22.- 00
5,018 70

265 395 11
50,000 00
10 000 00

. 27 5 2 40
25 000 00
1-47175
14 250 00
761 ;o

3 63

Whole amount of interest or profits received or earned
$10, ,OD
Rate and amount of eacll semi-annual dividend f r t 2 per cent . { · 4, 7r
previou year .
. l 2 p r c nt .
~5,, 90
Tim e for the dividends fixed by the by-la," : fir t W ecloe da , iu
A pril and O tob r.
A vera o-e annual per cent of di id nd for th e t rm ending at tim e
of and includin cr la t extra di vicl nd: 7 per cent.
The total amount of loans, wit,b acl.1 sp ifi d r a te f int r t:
. ·5 0, 4 pr r cent ; . · 7,200,. p r c nt ; $,- 0, Ci .. 1, 6 1 r nt.
Number of ont tanding loan which are of an am unt not
exce din o- $3, 000 each
327
A grr regat a m unt of th e am
Numb r of op n account .
5,17 '
Numb rand a rn o unt ·of d I it ' r
iv d for pr
y ar, · ,025 31 ,723

4-t
41

96
71

237

PUBLIC DOCUMENT-No. 8.

1882.J

Number and amount of deposit of and exceeding $300 at any
2 0 $164,071 89
one tim e for the previou year
2,705 203,590 79
Number and amount of with lrawal
1,185
Number of accounts opened the previous year.
945
Number of accounts closed the previous year .
4,634 78
Amount of expenses of the corporation during previous year
25,000 00
Amount of treasurer's bond
Date of examination by commissioner: July 12.
PUBLIC FUNDS.

Estima ted
Ma rket Value.

Amount Invested.

$361,000 $394,600 00

$388,890 63

Pa r Value.

United States bonds

.

.

City bonds: City of Meriden, Conn.

.

.

.

$81,600 00

$76,000 00

$437,000 $476,200 00

464,890 63

$76,000

BANK STOCK.

Northampton Nat'lB'k, Northam'n,
First Nat'l Bank, Northampton
City N at'l Bank, VV orcester
Atlantic Nat'l Bank, Boston
Boston Nat'l Bank, Boston
Commerce N at'l Bank, Boston
Exchange Nat'l Bank, Boston
First N at'l Bank, Boston
Merchants' Nat'l Bank, Boston
North America Nat'J Bank, Boston.
Second N at'l Bank, Boston
Shawmut N at'l Bank, Boston .
State N at'l Bank, Boston
.
Traders' Nat'l Bank, Boston
Washington Nat'l Bank, Boston
Webster N at'l Bank, Boston

.
. .
. .
.
.

.
.
.

.

.

.
.

.

.
.

$10,000
1,600
4,000
1,000
5,300
1,500
1,000
3,000
2,000
2,700
3,400
2,600
1,700
2,000
2,000
2,000
$45,800

$16,500
2,080
4,500
1,530
6,784
1,920
1,440
6,210
2,920
3,105
5,134
3,300
2,125
2,040
2,800
2,220

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

- ----- -

$10,000
1,600
4,000
1,000
5,300
1,500
1,000
3,000
2,000
2,700
3,400
2,600
.1,700
2,000
2,000
2,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

-----

$64,608 00

$45,800 00

$47,200
254,000
88,900
49,800

$41,000
207,250
71,275
42,350

RAILROAD BONDS.

Boston
Boston
Boston
.Boston

and
and
and
and

Albany 6s
Albany 7s
Maine 7s
Lowell 7s

$40,000
200,000
70,000
40,000

00
00
00
00

00
00
00
00

- --- - - -- --- - -- - - $350,000 $439,900 00

$361,875 00

238

BANK COMMISSIONERS' REPORT.

[Jan.

NORTH ADAMS SAVINGS BANK - NORTH ADAMS.
Incorporated 1818. Number of corporators, 42.
C. T. SAl\lPSON, President.
Treasure1·, V. A. WHITAKER.
STATE:\IENT.

LU.BILI TIES.

ASSETS,

Deposits
.
.
Earnings undivided
Gnarant,· fund

$900,fl17
8,000
11,000
2,700
681:

.

State tax accrued
Other liabilities •

79
00
00
00
07

Puulic funds
.
.
Loans oil pnblic funds
Bank stock .
.
.
Loans on l1ank tock .
Loans Oil bank books •
Real estate .
.
.
.
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Expense account .
Interest account •
Cash on hand

$93,Hl:-l 75

3,550 00
40,ti!il 01
10,100 00
500 00
5,000 00
3 531 26
486,269 05
229,887 51
10,000
21,440
332
14,084
4,752

00
04

84
02
38

- - -

$923,301 86

$923,301 86
1

Loans on Public Funds, amount on each:On $600 United States bonds
On $3,000 N ort.h Adams water bonds

$550 00
3,000 00

Loans on Bank Stock, amount on each:On 99 shares Adams National Bank Adams
On 5 shares Pittsfield National Bank, Pittsfield

$9,900 00
200 00

Cash on Deposit in Banks, amount in each:Maverick National Bank, Boston
Adams National Bank, Adams .
Berkshire National Bank, North Adams •

$1,440 04
3 345 9
20 000 00

Amount invested in real e tate (for banking purpo es)
Estimat d value of the ame
Amount of real estate held by foreclosure
As e ed value of the ame
Amount of income received from the ame
Amount of municipal tax on real estate •

•

5 000
7 000
8 31
4100
26

00
00
2
00
00

125

Whole amount of intere tor profit received or earn cl •
• $46,31' 5·
Rate a_nd amount of each semi-annual dividend
2 per c nt . { 15,837 3
prev1ou year .
.
.
•
•
.
.
. 2 per c nt •
1 ,203 6
Time for the dividend fixed by th by-laws: pril 1 and
t. 1.
The total amount of loan , with each p cifi d rat of inter t:
'35,000, 4½ per ent; ·;37 ,400, 5 per cent; $54 ,607.-~ 1 6 p r nt;
$ 1,2:34. 5, 6½ p r
nt · $5,..J.00 7 p r nt; 22/7;' 7131Y p r ent.
NumlJer o.f out tanding loan which are of an am unt n t
• 238
xceeding $3,000 each

for}

1882.J

239

PUBLIC DOCUMENT-No. 8.

Aggregate amount of the same •
•
$207,047 51
Number of open accounts .
3,204:
Number and amount of deposits received for previous year, 3,G88 269,782 64
Numbel' and amount of deposits of and exceeding $300 aLany
one time fol' the previous year
• 236 124,057 23
Number and amount of withdrawals
2,070 192,420 75
Number of accounts opened the previous year.
• 810
Number of accounts closed the previous year •
• 452
.Amount of expenses of corporation during previous year
3,994 85
.Amount of treasurer's bond
20,000 00
Date of examination by commissioner: .Aug. 8.
PUBLIC FUNDS.

United States 4s
"
" 4½s

. .. ..

.

City and town bonds: .
City of Lynn .
of Cambridge .
of New Bedford
of Fall River
of Bangor, Me.
.
of Portland, Me.
TQwn of Adams
of North Adams .

.

.

.
.
.
.
.
.

.
.

. .
. .
. .
. .
. .
. .
.
.

.

.

Par Value.

Estimated
l\farket Value.

Amount Invested,

$50,500
5,000

$59,085 00
5,650 00

$55,693 75
5,000 00

$1,000
5,000
LOOO
11,000
5,000
5,000
3,000
1,500

- - ---

$1,150
5,750
1,150
12,650
5,750
5,750
3,450
1,725

00
00
00
00
00
00
00
00

$1,000
5,000
1,000
11,000
5,000
5,000
3,000
1,500

$88,000 $102,110 00

00
00
00
00
00
00
00
00

$93,193 75

BANK STOCK.

Adams Nat'l Bank, Adams .
Lee N at'l Bank, Lee
Pittsfir ld N at'l Bank, Pittsfield
First Nat'l Bank, Adams

.
.

.

.
.

$24,000
1,400
5,000
6,00(1

$31 ,200
1,820
7,500
7,1:100

00
00
00
00

$26,200
1,400
6,2546,806

92
00
01
08

;

$36,400

$48,320 00

$40,661 01

240

SAMUEL

BA K CO 1MISSIONERS' REPORT.
NORTH A VENUE SA ,INGS BA K - C !BRIDGE.
Incorporated March 7, 1872.
umber of corp rator , 37.
F. WooDBRIDGE, President.
Treasure,·, MILTON L.

[Jan.

WALTO,.

STATEMENT .

LIABILITIES.

Depo its
.
.
Earning undivided
Guaranty fund

ASSETS.

$72,06 7
1,1 0 72

994 13

Public funds
Bank . tock .
.
.
.
Real e tate by foreclo ure .
L an 011 r al rat
.
.
Loans on per onal ecurity,
Depo it in banlc on intere t,
u pen e account
Ca hon hand

$74,243 63

00
39
00
00
2
00
2

"4,640 28

Amount of r al e tate h Id by foreclosme
A
d valu of the a.me
Amount of incom r c iv d from th ame
mom1t f municipal tax on r al e tat

4 221 39
3.300 00
300 00
52 0

Whole amount of intere. tor profits received or earned •
Rate n~d amount of each semi-annual dividend
2 per cent . {
pr v10u year .
.
.
.
.
.
.
. 2 per cent
Tim f r th dividend fix cl by th b -law : Jan. 1 and July 10.
.A.verao-e annual per cent of iividend f r the term ending at time
of and in luding last extra dividend: 5 p r cent.
Th total am unt of loan with a h 1 ifi d rat
f int r t:
,. 20.3-!0, 6 1 r
nt; $1 ,200, Gt p r
11 G25 7 p r
nt·
$3,500, 7¼ p r · nt.
Numb r f out tanclino- 1 an which ar of an am tmt not
x
tlino- '•3,00 a h
20
Aggreo-at am unt of th am .
umb r of p •n a
unL
510
umb r an<l an1ount of d
·t r >ceiv
previ u yt>ar
497
Nnmb r anti amount f cl
t f au
etlino- ... . 00 at any
ne ·me f r the previ
ar
12
umb rand amol
·
· w
• 2-W
uni r f a
p
nr •
73
umb r f a
n11t
Jr ·
n.r •
-1:0
Am un of ·xpcn l'
)0
rin o- pr vi n y'nr

for}

m unt of Lr 'a.sun'r' s llontl

xamination y ·omrni " iou r:

6,500
4,221
4 165
5,500
4,6:1.0
25
205

74,243 63

a h on Depo it in Bank:..Howard Natio~al Bank Bo ton

])a t' of

,.. 4/1 o 0-l

lay 2 ' .

$4,072 5
1,22 97
1 242 30

24 165 00
19,734 09
G.213 00
1 ~ · a· oo

47{) 60
5 000 0

· 1882.]

PUBLIC DOCUMENT-No. 8.

241

Punuc Fmms.
Par Value.

.

United States 4s, 1901, consols

BANK

Brighton Nat'l Bank, Brighton
31

$5,000

Estlm nted
l\larltct Value.

Amount Im·ested.

$5,800 00

$4,086 04

$6,000 00

$6,500 00

STOCK.

$6,000

242

BANK COMMISSIONERS' REPORT.

[Jan. ·

NORTH BROOKFIELD SAVINGS BANK - NORTH BROOKFIELD.
Incorporated 1854. Number of corporators, 26.
SAMUEL S. EDMANDS, P1·esident.
Treasurer, BoNUM NYE,
STATEMENT.

LU.llILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund .
Real estate rent .

ASSETS.

$361,429 30
1,8H2 90
7,425 77
209 85

Public funds
Bank stock .
Railroad bonds .
.
.
Real estate by foreclosure .
Loans on real estate .
.
Deposit in banks on interest,
Expense account .
Furniture .
Cash on hand

$370,957 82

Cash on Deposit in Bank:Maverick National Bank, Boston
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$115,000
11,400
87,000
870
144,134

11,98(3
11
189

366

00
00
00
00
00
36
24
35
87

$370,957 82

$11,986 36

$870 00
000 00
52 56
9 48

Whole amount of interest or profits received or earned
$19,487
Rate a_nd amount of each semi-annual dividend for } 2½ per cent . j
7,755
previous year .
.
.
.
.
.
.
. 2 per cent . 1 6,513
Times for the dividends fixed by the by-laws: Jau. 1 and July 1.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5½ per cent.
The total amount of loans, with each specified rate of interest:
$144,134, 0 per cent.
Number of outstanding loans . which are of an amount not
exceeding $3,000 en.ch
140
Aggregate amount of the same .
118 834
Number of open accounts .
1,400
Number and amount of deposits received for previous year, 1,025
75,0 3
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
22,397
49
Number and amount of withdrawals
50,256
• 532
Number of accounts opened the previous year
• 271
Number of accounts clo eel the previou year .
. 163
Amount of expenses of the corporation during previou year
950
Amount of treasurer' bond
14,000
Date of examination by commissioner: July 5,

91
20
50

00
65
56

74

46
00

243

PUBLIC DOCUMENT-No. 8.

1882.J

Punuc

United States bonds
State, city, and town bonds: .
State of Maine
of New Hampshire
City of Spri ngfield .
of Boston
of Providence , R.I. .
of 1\1::tnchester .
.
of Portsmouth, N.H.
of Portland , Me .
.
of Cambridge
.
Town of BeYerly
.
of \Voburn

.

.
.

.

.

.
.
.

.

.

FUNDS .

Par Value.

Estimated
Mtt rket Value.

$17, 000

$19,082 50

$15,000
1,500
8,000
23,000
7,000
9,500
5, 000
5,000
2,000
10, 000
12,000

$17,400
1,762
8,1 20
26,73;3
7,980
9,85~
5,700
6, 150
2,435
10,275
14,100

00
50
00
00
00
50
00
00
00
00
00 .

$ 115,000 $ 129,592 50

Amount Invested

$17,000 00
$15,000
1,500
8,000
23,000
7,000
9,500
5,000
5,000
2,000
10,000
12,000

00
00
00
00
00
00
00
00
00
00
00

$115,000 00

BANK STOCK.

Ware Nat' l Bank, ·ware.
$400
$402 00
$400 00
Eliot N at'l Dank, Boston
.
1,000
1,202 50
1,000 00
Commonwealth Nat'l Bank, Boston, _ _1_0,__0_00___1_2_,0_00_ 00_ _ _ 10_,000 oo_
$11,400

$13,744 50

$11,400 00

$39,440
20 ,700
10,140
16,517
9,240

$31,000
27,000
8,000
13,000
8,000

RAILROAD BoxDs.

Roston and Albany .
.
Eastern
Boston and Providence
Boston and Maine
.
Old Colony

.

.

.

.

.

.
.

.
.

.
.

$31,000
27,000
8,000
13,000
8,000

.

.

.

.
-

- -

00
00
00
50
00

00
00
00
00
00

$87,000 $105,037 50

$87,000 00

- -.--

-

-

244

[Jan.

BANK COMMISSIONERS' REPORT.

NORTH EASTON SAVINGS BANK - EASTON.
Incorporated F eb. 8, 1864. Number of corporators, 30.
Fa.En. L. AMEs, P resident.
Treasurer, P. A.

GIFFORD.

STATEMENT.

LIA..BILITIES.

.

Deposits
.
Earnings undivided
Guaranty fund .

ASSETS,

$306,433 14
12,862 26
4,400 00

Public fnnds
Loans on public funds
Bank stock
Loans on bank stock
Real estate by forecl osure .
Loans on real estate
Loans on personal security,
Expense account.
Cash on hand and in bank .

$ 323,695 40

$28,330
100
120,Hil
5,250
14,262
130,719
12,245
6
12,620

00
00
77
00
88
01
19
45
10

- -- -

Loans on Public Funds: On $100 United States 4s .
Loans on Bank Stock: On 54 shares First National Bank, Easton

$ 323,695 40

$100 00
$5,250 00

Cash on Deposit in Bank: First National Bank, Easton

$11 970 39

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$14 262
13,550
:-52
242

Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for } 2 per cent .· {
previous year .
.
.
.
.
.
.
. 2 per cent
Times for the dividends fixed by the by-laws: April 15 and Oct. 15.
Tlle total amount of loans, with ea.ch specifietl rate of interest:
$16,000, 5 per cent; $9 ,465, 6 per cent; $9,900, Gt per cent;
$17,016, 7 per cent; $4,025, 7½ per cent; '1, 300, 8 p r cent.
Number of outstanding loan which are of an amount not
exceeding $3,000 each
97
Aggregate amount of the same .
Amount of investments from which no in ome i
d
1,022
Number of open accounts .
Number and amount of deposit received f r previou year
03
N umber and amonnt of deposits of and ex.cee lino- $300 at any
one time for th e previou y a r
54
Number and am ount of withdrawal
433
1 2
Number f acco un t op 11 tl Lhe prev ious year
121
Number of ac ount cl eel th prev iou y ar .
Am u11t of expen e of th corp oration durin g previ u year
Amount of trea urer' l>ond
Date of examina ti on by commiss ion er; Aug. 17.

$13 151 69
392 94
5,745 76

88
00
91
75

75,506 00
1 608 20
77, 79 08
28,6!10 65
49,Hi7 27

600 00
10,000 00

1882.]

PUBLIC DOCUMENT-No. 8.
Punuc

FUNDS.

Estimated
MarJ,et Value.

Par Value.

City and town bonds: City of Bath, Me .
of Bangor, Me.
of Springfield.
Town of Stoughton

.
.

.

.
.

.

245

$2,000
8,000
10,000
8,000

$2,000
8,200
12,300
8,120

$28,000

00
00
00
00

$30,620 00

Amount Invested.

$2,000
6,960
11,250
8,120

00
00
00
00

$28,330 00

BANK STOCK.

City Nat'l Bank, Lynn
NJeponset Nat'l Bank, Canton .
B ristol County N at'l B'k, Taunton •
T aunton Nat'l Bank, Taunton
F irst N at'l Bank, Easton
T raders' N at'l Bank, Boston
.
hoe and Leather Nat'l B'k, Boston,
T remont Nat'l Bank, Boston
tate N at'l Bank, Boston
City N at'l Bank, Boston .
Market Nat'l Bank, Boston
A tlas Nat'l Bank, Boston
E agle N at'l Bank, Boston
NJew' England Nat'l Bank, Boston
.
N orth N at'l Bank, Boston
Revere N at'l Bank, Boston
E verett N at'l Bank, Boston
hawmut Nat'l Bank, Boston .
.
A tlantic Nat'l Bank, Boston
Hamilton N at'l Bank, Boston .
Manufacturers' Nat'l Bank, Boston.
R edemption N at'l Bank, Boston
Hide and Leather Nat'l B :k; Boston,

s
s

.

.

.

s

.

$6,600
7,500
3,800
700
10,000
3,600
2,500
2,500
2,500
2,500
2,500
2,500
2,000
2,500
11 ,300
5,700
7,800
5,000
2,500
2,500
2,500
3,800
5,000

I

$9,570
9,600
5,700
1,050
-3,000
3,672
2,812
3,050
3,150
3,150
2,700
3,100
2,375
3,625
16,000
6,950
9,200
6,300
3,825
2,825
2,700
5,100
5,800

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$97,800 $125,254 00

$9,578
8,100
4,560
920
10,690
3,632
3,395
3,137
2,693
2,765
2,750
2,878
2,255
3,450
15,074
7,178
10,135
6,500
3,750
3,450
2,753
4,769
5,725

25
00
00
50
00
75
00
50
75
63
00
13
00
00
63
50
00
00
00
00
13
00
00

$120,161 77

246

THOMAS

[Jan.

BANK COMMISSIONERS' REPORT.

NORTH E N D SAVINGS BANK - BOSTON .
Incorporated Feb. 17, 1870. Number of corporators, 25.
L. JENKS, P 1·esident.
Treasw·e1·, GEORGE C.

TRUMBULL .

STATEMENT .•

LIABILITIES.

Deposits
.
Earnings undivided
Guaranty furnl .

ASSETS.

$380,fll0 40
20,0 12 2ti
6,480 00

Public fun ds
Bank stock .
Railroacl bornls .
.
Real estate hy foreclosure
L oa 11s 0 11 r eal estate
Deposit in bank .
Expense acco nnt.
Vault furniture, etc.
Snspensc account
Cash on hand

$ 407,402 ti6

$ 18,117 50
56,157 17

20,2 12 50
uG,75\J 95

21!J,!l!JO
31,322
1,284
2,4!:l4
15
1,0H

74

86
62
40

80
12

$407,402 66

Cash on Deposit in Bank : National Security Bank

$31,322 86

Amount of real estate held by foreclosure
Assesseu value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$5G,759
5-1,500
3,G47
830

Whole amount of interest or profits received or earned •
Rate a~d amount of each semi-annual dividend for} 2 pc~ cent . {
previous year .
.
.
•
.
.
.
2 per cent .
Times for the dividends fixed by the by-la ws: J a n. 1 aml Jqly 1.
The total amount of loans, with each ~pccified rate of interest:
$68,288.74, G per cent; $ 17,200, 6¼ p et· cent; $78, 004, 7 per cent;
$5,850, 71\r per cent; $15, 700, 7½ per cent; $39,9-1 8, 8 per cent.
Number of out tanding loans which are of an amount not
exceeding $3, 000 each
83
Aggregate amount of tll e same .
Amount of inve tments from which no income is received
Number of open accounts .
1,325
Number and amo unt of depo its received for previous year
671
Number and amount of depo its of and exceedi ng $300 at any
one time for the prev iou year
4
Number ancl amount of withdrawals
05
1(32
N um ber of accounts open cl the prev iou year .
222
Number of account lo d th previou year .
Amount of expen
of the corporation durino- previou year
Amount of trea urer' bond
Date of examination by commi ioner: Feb. 10.

$24,694 23
7 507 59
7,218 64

95
00
10
18

122 8 0 37

3 25
57 474 40
26 622 0
7 ,231 19

4 603 77
44,000 00

1882.J

PUBLIC DOCUMENT-No. 8.
Punuc

FUNDS.

Estlmatecl
1\Inrket Valno.

Amount Invested

$7,600

$7,676 00

$8,417 50

$10,000

$10,350 00

$9,700 00

$17,600

$18,026 00

$18,117 50

PnrVulne.

.

United States 6s, extended 3½s
City bonds, City of Cambridge .

.

247

BANK STOCK.

.

City Nat'l Bank, Boston .
Revere Nat'l Bank, Boston
Shoe and Leather N at'l B ' k, Boston,
Tremont Nat'l Bank, Boston
First N at'l Bank, Chelsea
.
Atlas N at'l Bank, Boston
Eagle Nat'l Bank, Boston
Traders' Nat 'l Bank, Boston .
North Nat'l Bank, Boston
Suffolk N at'l Bank, Boston
.
Market N at'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
.
Commerce Nat'l Bank, Boston
Third Nat'l Bank, Boston
Pacific N at'l Bank, Boston

.
.

.
.

.

$6,600
3,400
2,600
2,600
5,000
5,000
7,100
3,000
5,000
300
1,000
500
1,000
500
3,500
$47,100

$8,382
4,148
2,925
3,172
6,250
6,250
8, 502
3,060
7,125
365
1,097
602
1,297
53~
3,635

00
00
00
00
00
00
25
00
00
62
50
50
50
50
00

$7,394
4,390
3,782
3,360
5,767
5,787
8,012
3,237
6,762
375
1,131
660
1,308
544
3,643

62
12
00
25
42
50
75
76
50
00
25
00
50
37
13

$57,344 87

$56,157 17

$25,450 00

$20,212 50

RAILROAD BONDS,

Boston and Maine 7s

$20,000

248

BANK COMMISSIONERS' REPORT.

A. J.

ORANGE SAVINGS BANK - ORANGE.
Incorporated 1871. Number of corporators, 151.
P1·esident.
Treasurer, JAMES H.

CLARK,

[Jan.

WAITE,

STATEMENT.

LIABILITIES,

ASSETS,

II
Deposits
.
.
Earnings urnlivided
Guarauty fund .

$250,587 o4
1,1 34 23
2,850 00

Public fnnds
Bank stock .
.
Loans on bank stock
Railroa<l bonds
Heal estate .
.
Loans on real estate .
.
Loans 011 personal security,
Deposit in bank on interest,
Taxes

$43,548 21
39,606 60
5,400 00
16/150 00

1,745 02

79,(i63 70

32,247 88
35,393 G6
16

$254,571 87

$254,571 87

Loans on Bank Stock, amount on each: On 50 shares Franklin County National Bank .
On O shares Orange National Bank •
Cash on Deposit in Bank: Orange National Bank, Orange .

80

$5,000 00
400 00

•

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .
Whole amount of interest or profits received or earned •
•
Rate and amount of each semi-annual dividend for} 2 per cent
.{
previous year .
.
.
.
.
.
•
2 per cent
.
Times for the dividends fixed by the by-laws: February and
August.
Average annual per cent of dividends for the term ending at time
of a11d including last extra dividend: 4 per cent.
The total amount of loans, with each specified rate of interest:
$=>,400, 4 per cent; $111,011.58, 0 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
160
Aggregate amount of th same .
Number of open accounts .
1 272
Number and amount of depo its r ceived for previous year, 1,055
Number and amount of d po its of and exceeding $300 at any
one time for the pr vious y ar
66
Number and amount of withdrawal
21
Number of accounts 01 en cl th pr viou y ar .
840
Numb r of accounts clos d th Ir viou y ar .
100
Amount of xpen s of th orporation dw-ing pr vious year .
Amount of treasurer's bond
Date of examination by commission r: Aug. 11.

$35,393 66

$1,745 02
1,600 00
67 00
32 41
$11,583 48
3,946 56
4,339 21

93,69

82

96,058 17

15 566 70
49,589 40

363 15
20,000 00

249

PUBLIC DOCUMENT-No. 8.

1882.]

Punuc

FUNDS.

Par Value.

City and town bonds: City of Manchester, N.H.
of Lynn
.
of Fall River
.
of Bangor, Me.
.
of Cambridge .
of Brockton
.
of Auburn
Town of Sheldon, Vt. .
of Hyde Park

.
.
.

.

.

. .
.

.

Estimated
lllarket Value.

$15,000
3,000
2,000
1,000
1,000
5,000
1,600
8,000
5,000

$15,900
3,520
2,340
1,150
1,190
5,400
1,760
8,400
5,200

$41,600

$44,860 00

Amount Invested

$15,458
3,425
2,290
1,115
1,180
5,400
1,680
8,000
5,000

00
00
00
00
00
00
00
00
00

21
00
00
00
00
00
00
00
00

$43,548 21

I
BANK STOCK.

First Nat'l Bank, Sprin gfield .
Third Nat'l Ba,nk, 8priugfield
.
Union Market N'l B'k, Watertown.
Orange Nat'l Bank, Orange
First Nat'l Bank, Chelsea
Eliot Nat'l Dank, Boston
Hide and Leather N at'l B'k, Boston,
Central Nat'l Bank, Boston
North Nat'l Bank, Boston
.
Tremont Nat'l Bank, Boston .
.
1\fanufactnrers' Nat'l Bank, Boston,
·w'ebster Nat'l Bank, Boston .
First Ward Nat'l Bank, Boston
.
North America Nat'] Bank, Boston.
Everett Nat'l Bank, Boston
Atlas Nat'l Bank, Boston
.
Boylston Nat'l Bank, Boston .

$1,000
1,000
700
10,000

400
6,500
500
300
1,000
3,000
2,000
2,500
2,000
1,100
400
1,500
500
$34,400

$1,400
1,700
784:
11,500
460
7,781
596
360
1,392
3,7:20
2,200
2,025
2,100
1,254
460
1,935
608

00
00
00
00
00
42
25
00
50
00
00
00
00
00
00
00
50

$1,470
1,750
823
10,000
460
7,781
596
328
1,392
3,720
2,200
2,820
1,882
1,309
529
1,935
608

00
00
62
00
00
42
25
50
50
00
00
75
06
00
00
00
50

$11,176 67

$39,606 60

$16,950 00

$16,950 00

RAILROAD BONDS.

$15,000

Fitchburg
32

250

JAM ES

BANK COMMISSIONERS' REPORT.

[Jan.

PALMER SAVIN GS BANK - PALMER.
Incor porated 1870. Number of corporators, 42.
B. SHAW, P resident.
Treasw·er, WILLIA:U C.

DEWEY .

STA TEMENT .

LIABILITIE S.

Deposits
.
.
Earnings undivided
Guaranty fund .

A SSETS,

$ 527,420 63
2,340 03
5,500 00

Public funds

B ank stock .

.
Loans on bank stock
Rai lroad bonds
R eal estate .
.
.
.
R eal estate b _y foreclosure .
L oans on real estat e .
.
Loans on perso nal security,*
Loans t o cou nties, cities, or
towns.
.
.
.
.
Deposit in ba nks on interest,
E xpense account .
Premium account
.
.
Loan on savings bank
book t
.
Casl.t on hand

$535,260 66

Loans on Bank Stock, amount on each: On 12 shares Palmer Nation al Bank .
On 10 shares First N a tional Bank, Chicopee
Loan on savings bank book (Providence Institution for Savings) t.

$27,G0O
28,300
1,100
10,000
12,500
10,500
228,8U0
190,304

00
00
00
00
00
00

2,550
15,500
863
5,000

00
00
45

00

39

00

900 00
1,252 82
$ 535,260 G6

$1 ,000 00
100 00
$900 00

Cash on Deposit in Bank : Palmer National Bank

$15,500 00

Amount invest ed in r eal estate (for banking purposes )
Estimated value of the sam e
Amount of real estate h eld by foreclosure
Assessed val ne of th e same
Amount of income received from th e sam e
Amount of municipal tax on r eal es ta te .

$12 500
15,000
10,500
9,000
650
17-!

00
00
00
00
00
00

Whol e amount of interes t or profi ts received or earned
$27,404
Rate a.nd amount of each semi-annual di vidend for I 2¼ per cent . j 9,7 9
previous year .
.
.
.
.
.
.
. f 2 per cent . 1 9,424
Tim es for th e divid ends fi xed by th e by-laws : J an. 1 an d J uly 1.
Average ann ual per cent of di vidends fo r th e term n <ling at time
of and includ ing la t extra divi<l n<l : 4.4G per cent.
The total amount of loan , w iLh each p cifi d rat of intere t:
$147,650, 5 per c nt; $246,309.39, 6 p r c nt,; $- , 4.0, 6½ per c nt ·
$8,845, 7 per cent.
Number of ou t tand ing loans wh ich are of an amo un t no t
285
exceeding $3,000 each
Aggregn.Le amou nt of th e am
224, 600

03
42
46

.,. Tbis book bn1:1 been notifi ed tbnt tb cso lonns exceed th legal limit.

t Thls bank hos boon ootlllcd that this loon ls Ill ga l.

00

1882.]

PUBLIC DOCUMENT -No. 8.

251

Number of open accounts .
1,835
Number and amount of deposits received for previous year, 1,520 $169,5 8
Number and amount of ueposits of and exceeding $300 at any
79,434
125
one time fo r th e previou year
99,445
832
Number and amount of withdrawals
Number of accounts opened the prev ious year .
387
212
Number of accoun ts closed ille previous year .
3,098
Amount of expenses of the corporation during previous year
15,000
Amount of treasurer's bond
Date of examination by commissioner: July 6.

61
26

45

94
00

PUBLIC FUNDS,

-

.

.

City and town bonds: City of Boston Gs, 1894
of
orcester Gs, 1S92
of Fall River Gs, 1899
of Fall River 5s , 1008
of Bath, Me., Gs, 1891 .
of Rockland, l\ie., Gs, 1S01
Town of \V altham 5s, 18S2

.
.
.
.

United States 4s

,v

.

.

.
.

.
.

.
.
.

Par Valnc.

E stimated
.l\1 arket Value.

Amount Invested.

$100

$116 00

$100 00

$5,000
6,000
5,000
3,000
1,000
2,500
5,000
$27,GOO

$6 ,000
7,000
5,860
3,860
1,000
2,500
5,000

00
00
00
00
00
00
00

$30,83(.i .00

$5,000
6,000
5,000
3,000
1,000
2,500
5,000

00
00
00
00
00
00
00

$27,600 00

B A NK STOCK,

.

Palmer Nat'l Bank, Palmer
Monson .Nat'l Bank, Mon son .
Agn.wam Nat'l Bank, ::;pringfield
State .Nat'l Bank, Boston
.
Suffolk Nat 'l Bank, Boston .
Commerce Nat'l JJank, Boston
North America Nat'l Bank, Boston .
Eliot Nat'l Bank, Boston
Brockton Nat'! Bank, Brockton

.

$7 ,500
3,300
3,700
2, 500
2,000
2, 300
1,0()0
5,000
1,000
$28,300

$9,825
5,148
4,550
3,125
2,440
2,944
1,150
6,000
1,060

00
00
00
00
00
00
00
00
00

$7,500
3,300
3,700
2,500
2,000
2,300
1,000
5,000
1,000

00
00
00
00
00
00
00
00
00

$3G,2-!2 00

$28,300 00

$11,000 00

$9,640 00

RAILROAD Bo~Ds.

Eastern 4s

$10,000

252

BANK COMMISSIONERS' REPORT.

[Ja.n.

PEOPLE'S SAVINGS BANK - WORCESTER.
Incorporated May 13, 1864. Number of corporators, 192.
Treasure1·, C. M.
L . J. KNOWLES, P1lesident.

BENT.

STATEMENT,

LIABILITIES,

ASSETS.

I
Deposits
.
.
Earnings 11ndi·d<led
Guarantv fund .
Dividends unpaid
Suspense account

.

$3,4i0,166 94
42,157 17
53, 093 89
57,343 29
5,309 88

Public fonds
Bank stock
Loans on bank stock
Railroad lionds
Real estate
Heal estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to eounties, cities, or
towns
Deposit in banks on interest,
Expense account.
R e11ts
Premium account
.
Interest a.ccrued
I Cash on baud

---,
$3,628,071 17

L oans on Bank Stock: On 5 shares First National Bank, Barre

$353,500
658,600
400
131,500
65,000
5:3,529
1,297,595
635,150

00
00
00
00
00
01
00
00

148,900 00
100,937 67
2,0!)6 75
540 15
132,278 51
35,109 34
9,934 74

- -- - $3,628,071 17

$400 00

Cash on Deposit in Banks, amount in each: Wachusett National Bank .
Central National Bank

$25 000 00
75,937 67

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income r eceived from the same
Amount of municipal tax on real e tate .

$65,000
65,000
53 529
40 600
1,910
1 324

00
00
01
00

Whole amount of interest or profits received or earned
$175,514
Rate a.nd amount of each semi-annual dividend for } 2 per cent . j 62,620
previous year .
.
.
.
.
.
.
. 2 per cent . l 65,047
Times for the dividend fixed by the by-laws: F bruary and
August.
The total amount of loan , with each specified rate of inter t:
nt;
$6, ,000, 3-½ per nt; $ 6 000, 3J p er nt; :312,400 4 p er
$159,000, 4¼ per cnt; . '667,4G5, 5 p r ent; $7 1 0 0 u I r ent.;
$8,000, 7 p r c nt.
Number of out ta nclin g loan which a r e of an am o unt not
exceeding $3, 0 each
449
A g regate amount of th , am
:592 025
N umb r f p n a c 11nt
9 HH
Numb er a nd a mount of cl p it, r c iv d for pr vi n y a.r, 7,02H 653,7 3

93
31
53

47
95

00
70

1882.J

PUBLIC DOCUMENT-No. 8.

253

Number and amoun t of clepo ·its of and exceedin°· $300 at any
550 $307,236 09
one time for the prev iou year
Number and amount of withdrawals
5,7G7 519,867 22
Number of accounts opened the previous year .
.1,600
Number of accounts closed the previous year .
1,106
8,946 20
Amount of expenses of the corporation during previous year
30,000 00
.A.mount of treasurer's bond
Date of examination by commissioner: June 2.
PUBLIC FUNDS,

"

United States 5s and 6s, 1881, ext'd,
"
" 4½s .

.

City bonds: City of Boston 5s

Estimated
l\farket Value.

A mount Invested.

$230,500 $234,743 12
115,000 129,750 00

$230,500 00
115,000 00

Pa r Value.

.

·$8,480 00

$8,000 00

$353,500 $372,973 12

$353,500 00

$8,000

BANK STOCK.

Market Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston .
Atlas N at'l Bank, Boston
Webster Nat'l Bank, Boston .
Redemption N at'l Bank, Boston
Commerce Nat'l Bank, Boston
North America N at'l Bank, Boston .
Union Nat'l Bank, Boston
Washington Nat'l Bank, Boston
Merchants' Nat'l Bank, Boston
North Nat'l Bank, Boston
Tremont Nat'l Bank, Boston
Globe Nat'l Bank, Boston
.
New England Nat'l Bank, Boston
Eagle Nat'l Bank, Boston
.
State Nat'l Bank, Boston
.
Hamilton Nat'l Bank, Boston.
Blackstone N at'l Bank, Boston
Traders' Nat'l Bank, Boston
City Nat'l Bank, Boston .
Revere N at'l Bank, Boston
.
Continental N at'l Bank, Boston
Suffolk Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Republic N at'l Bank, Boston .
Eliot N at'l Bank, Boston.
.
Faneuil Hall Nat'l Bank, Boston .
Shoe and Leather Nat'l B'k, Boston,
Freeman's Nat'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,
Second N at'l Bank, Boston

.

.

$18,700
10,000
11,200
10,000
39,700
10,000
16,400
2,000
10,800
5,000
5,000
25,200
31,700
4,000
18,800
5,000
22,600
49,000
6,300
3,900
10,100
· 10,000
9,700
30,000
19,800
33,200
5,000
28,000
21, 500
8, 200
8,100

$21,177
12,562
14,000
11,125
53,G44
12,875
18,860
3,070
14,931
7 )300
7,112
30,681
35,345
5,940
22,466
6,237
25,538
56,550
6,426
4,806
12,322
11,875
11,821
35,475
24,700
41 ,002
6,525
31,500
::!o,445
9,020
12,532

75
50
00
00
62
00
00
00
00
00
50
00
50
00
00
50
00
00
00
75
00
00
88
00
50
00
00
00

uo
OU
25

$18,700
10,000
11,200
10,000
39,700
10,000
16,400
2,000
10,800
5,000
5,000
25,200
31,700
4,000
18,800
5,000
22,600
49,000
6,300
3,900
10,100
10,000
9,700
30,000
19,800
33,200
5,000
28,000
21,500
8,200
8,100

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00 .
00
00
00
00
00
00

254

BANK COMMISSIONERS' REPORT.
BA..i.~K

Coucluded.

STOCK -

Third Nat'l Bank, Boston
Massachusetts Nat'l Bank, Boston
Atlantic Nat'l Bank, Boston .
Old Boston Nat'l Bank, Boston
Citizens' Nat'l Bank, Worcester
City Nat'] Bank, Worcester
Central Nat'l Bank, ,vorcester
Quinsigamond Nat'l B'k, w·orcester,
Mechanics' Nat'l Bank, lVorcester
Worcester Nat'l Bank, Worcester

Par Value.

Estimated
l\Iarkct Value.

.imount Invested.

$30,000
4 ,000
10,000
2,200
4,400
24,500
l 5,400
13,300
13,500
52,400

$32,100 00
4,DGO 00
15 ,:350 00
2,68-1 00
5,0GO 00
2G, 460 00
21, 560 00
15,960 00
16 ,200 00
GG,5:lS 00

$30,000
4,000
10,000
2,200
4 400
24 ,500
15,400
13,300
13,500
52,400

$658,GOO $800,349 75

RAILROAD

Eastern 4½s
.
•
.
Worcester and Nashua 5s
Boston and Maine 7s
Boston and Albany 6s
Old Colony 7s .

[Jan.

00
00
00
00
00
00
00

o·o
00
00

$658,600 00

Bo~rns.
$22,500
12,000
40,000
35,000
25,000

$24,750
12,180
51,000
42,000
32,125

00
00
00
00
00

$134,500 $1G2,055 00

$22,500
12 ,000
40,000
35,000
25,000

00
00
00
00
00

$134,500 00

W

255

PUBLIC DOCUMENT-No. 8.

1882.J

PLYMOUTH FIVE CENTS SAVINGS B .'I..NK - PLYMOUTH.
Incorporated April 6, 1855. Number of corporator , 70.
ILLIAM R. DREW, President.
Tl'eetsure1·, \VILLIAM w. BREWSTER.
STATEMENT .

ASSETS,

LIAillLITIES.

II
Deposits
.
.
Earnings nndivided
Guaranty fnnd .
Suspense account

$563,320 44
13,41!) 13
6,47G 33

12q 15

Pnblic funlls
Bank stock .
.
Loans on hank stock
Rai I road bonds
Heal estate .
.
.
.
Real estate by foreclosure .
Loans on r eal estate . . .
Loans on pen;onal security,
Loans to coun ties, cities, or
tow ns.
.
.
E xpense account.
.
.
Casl.t on lland and in banks,

$ 583,33!) 03

$ 159,400
29,tiOO
1,000
20,000
2,!:100
14,88i
265,207
48,G05

00
00
00
00
00
79
00
00

18,:,10 00
5:J8 43
23,6!)3 81
.

Loans on Bank Stock, amount on each: On 3 shares Old Colony National Bank, Plymouth .
On 7 shares Merchants' National Bank, Boston

$ 583,33!) 03

$300 00
700 00

Cash on Deposit in Banks, amount in each: National Bank of the Commonwealth, Boston
Plymouth National Bank, Plymouth.
Old Colony National Bank, Plymouth

$9,888 84
5,862 46
6,290 41

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$2,000
3,000
14,884
13,200
864
281

Whole amount of interest or profits received or earned •
Rate a~cl amount of each semi-annual dividend for } 2 per cent . j
prev10us year .
.
•
.
•
.
.
2 per cent • )
Times for the dividends fixed by the by-laws: second Tuesday of
January and July.
The total amount of loans, with each specified rate of interest:
$12,'.)00, 4 per cent; $6,000, 4½ per cent; $42,000, 5 per cent;
$3,950, 5¼ per cent; $163,715, 6 per cent; $52,030, 6-½ per cent;
$45,317, 7 per cent; $3,315, 7 lo per cent; $4,845, 7t per cent;
$150, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 314
Aggregate amount, of the same •
•
•
•
Number of open accounts •
2,394
•

00
00
79
00
04
70

$30,962 24
10,317 70
10, 727 04

211,372 00

256

BANK COMMISSIONERS ' REPORT.

[Jan.

N umber and amount of deposits received for previous year, 1,212 $75,210 94
umber and amount of deposits of and exceeding $300 at any
37,599 84
one time for the previous year
67
59 83 73
Number and amount of witlldrawals
688
Number of accounts opened the previous year
253
Number of accoun ts closecl the previous year .
166
1,746 43
Amount of expenses of the corporation during previous year .
10,000 00
Amount of treasurer's bond
Date of examination by commisioner: Oct. 4.
Punuc

United States 4½s, registered
" 3½s, registered
"
"
" 4s, coupons

.

.

State, city, and town bonds: State of Maine 6s .
of New Hampsbi.Te 6s
.
City of Lynn 6s
of Portland, Me., 6s
of Bath, Me., 6s
of Cambrid ge 6s
of New London, Conn., 7s
of New Bedford 7s .
of Somerville 6½s .
.
of Manchester, N.H., 6s.
.
of Springfield 6s
of Bangor, Me., 6s .
.
of ·Belfast, Me ., 6s .
of L ewiston, Me ., 6s
of Providence, R. I., 5s
of L awrence 5s
of Brockton 4s
of North am pton 6s
.
of Boston 5s
.
.
Town of .Methuen 6s
of Natick 7s .
of Plymouth 7s

.

.
.

.
.
.
.

.

.

.

.

.
.

FUNDS.

Pa r Value.

E~timnt ed
lllnrket Va lue.

Amount Invested

$10,000
10 ,000
2,000

$11 ,300 00
10 ,187 00
2,360 00

$ 10 ,000 0 0
10 ,000 0 0
2,000 0 0

$14,000
5,900
1,000
10 ,000
3,000
9,000
12,000
10,000
5,000
1 ,500
5,000
9,000
2,000
2,000
3 ,000
5,000
10 ,000
10,000
3,000
3,000
1,000
13,000

$16 ,240
6,782
1,1 00
11 ,000
3,030
9,7 10
15,600
13,200
5,250
l, GSO
6,450
10 ,890
2,0-10
2,200
3,257
6,087
10 ,000
11 ,300
3,060
3,6:30
1,070
16, 1 5

$14,000
5,!)00
1,000
10 ,000
3,000
D,000
12,000
10 ,000
5,000
1,500
5,000
9,000
2,000
2,000
3,000
5,000
10,000
10 000
3,000
3,000
1, 000
13,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

-$15!),4.00 $183,608 00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0 o_

$15!),4.00 00

BANIC STOCK.

Commonwealth at'l Bank, Boston,
Atlas Nat'l 13ank, Bo ton
Vve bstel' Nat'l Bank, Bo ton .
Pacific nt"l Bank, Boston
.
First Ward at' ! Bank, Boston
Revere Nat'l Bank, BosL n
Republic N at'l Bank Do. t n .

$5,000
2,500
2, 50
2, r.: 00
2, 100
1, 500
1,500

$6,22·8,IJ
2,7 7
2,62.2,520
l , 30
1, DG5

00

00
00

0
00
00
00

$5,000
2,500
2,500
2 500
2,100
1, 500
l, GOO

00
00
00
00
00
00
00

1882.]

257

PUBLIC DOCUMENT-No. 8.
B ANK STOCK- Concluded.
Par Value.

.
.
.

Merchants' Nat'l Bank, Boston
l\letropolitan N at'l Bank, Boston
City N at'l Bank, Boston .
Commerce Nat'l Bank, Boston
North Nat' l Bank, Boston
.
Shoe and Leather N at 0 1 B'k, Boston,
Third Nat'l Bank, Springfield
Brockton Nat'l Bank, Brockton
Plymouth Nat'l Bank, Plymouth
Old Colony Nat'l Bank, Plymouth

.

.
.
.
.

$1,000
1,000
1,000
800
600
500
1,000
2,000
1,600
2,500
$29,600

Estima ted
Ma rket Va lue.

$1,460
1,200
1,270
1,030
850
565
1,450
2,120
1,760
3,375

00
00
00
00
00
00
00
00
00
00

$36,157 00

Amount Invested.

$1,000
1,000
1,000
800
600
500
1,000
2,000
1,600
2,500

00
00
00
00
00
00
00
00
00
00

$29,600 00

RAILROAD BONDS.

.

Old Colony 6s •
.
Cheshire 6s
Boston and Maine 7s
Eastern 4~s

.
.

.
.

.

. .

.
.
.
.

.

.

$5,000
4,000
1,000
10,000
$20,000

33

$5,875
4,360
1,265
10,975

00
00
00
00

--

$22,475 00

$5,000
4,000
1,000
10,000

00
00
00
00

$20,000 00

258

W ILLIAM

BANK COMMISSIONERS' REPORT.

[Jan.

PLYMOUTH SAVINGS BANK - PLYMOUTH.
Incorporated 1829. Number of corporators, 50.
T,·easurer, JOHN J. RussELL.
H. NELSON, President.
STATEMENT.

LIABILITIES.

.ASSETS.

Deposit.s
• $2,110,107 44
68,878 47
Earnings undivided
Guaranty fund
50,000 00
200 97
Suspense account

Public funds
•
Bank stock .
•
Loans on bank stock
Railroad bonds .
Real estate
.
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
Deposit in banks on iutere~t,
Cash on hand
.

25
00
00
00
00
58
00
00

182,500 00
15,275 28
5,970 77
$2,22H,186 '8

$2,229,186 88

Loans on Bank Stock, amount on each: On 42 hares Old Colony National Bank .
On 20 shares Plymouth National Bank and 13 shares Old Colony
National Bank •
On 18 shares Plymouth National B ank
On 5 shares New England National Bank.
Cash on Deposit in Banks, amount in each: Boston National Bank, Boston .
Plymouth National Bank, Plymouth.
Old Colony National Bank, Plymouth
National Bank of the Commonwealth, Boston.
A mount invested in real estate (for banking purposes)
E timated value of the same
Aruoun t of real estate held by foreclosure
A es~ed value of the ame
Amount of income received from the same
Amount of municipal tax on real e tate •

$3 6,471
426,541
8,300
135,000
7,000
40,807
631,491
389,830

•

$2,900 00
3,300 00
1 00 00
300 00

$-1,86
3,690
4 470
2 245

93
91
·9
05

$7,000
7 000

0

40 07 58

7 ,025 00
3
1,130 43

4 4;32

llfl 5 6 1
1'\Thole amount of intere t or profits received or earned
l{aLe a'.1d amount of each emi-aonual dividend for } 2t pE'r cent • { 50,54-1: (i
41,2 ~2 11
prev1 u year .
.
.
.
.
.
•
2 p r . nt
T im es for th clivid nds fi xed by th by-law : January and Jnly.
Th t Lal am unL f loan , with rwh p cified rat
f int r t:
$17 ,000, 4 pel' cent; .; Hl4,700, 41 p r r nL · :·213,700, :; I er
$ H.350 5½ p r r011L; , ·::3n.~,3 .1 6 p r · nt · '45,836, 6t p r
.''127, 130 7 per c1 nt.
Nl1ml ,. of o uL tanding loan which aro of an am unt not
2· 1
ex· dinrr.·3, 0 ach
245,621 00
Aggregate am unt of the ame .

1882.J

259

PUBLIC DOCUMENT-No. 8.

NW1J ber of open accounts .
6,349
N umber and amount of d pos it received for previous year, 2,25 $183,485 50
Number a nd amount of depos its of aud exceeding $300 at any
one time for tbe previou year
. 153
74,437 00
Number and amo un t of wi thd rawals
2, 09 230,328 57
Number of accounts opened the previous year .
4!58
Number of acco unts closed th e p reviou s year .
442
6,000 00
Amount of ex penses of the corporation durin g previous year
20,000 00
Amount of treasurnr' s lJoncl
Date of examination by commissioner: Oct. 4.
PUBLIC FU N DS.

United States 6s, 1881

.

.

State, city, and town bonds: State of Maine
.
of Rhode Island
.
City of Salem .
.
. .
of Cambridge .
.
of H artford, Conn. .
.
of Portland, Me.
.
of Meriden, Conn. .
of New London, Conn.
of Newburyport
of Holyoke
.
of Fall River
of Lawrence .
of New Bedford
.
of Lynn
of Baugor, Me.
. .
of Brockton
. .
Town of Plymouth .
of Franklin .
of West Springfi eld

.
.

.
.

.

.

.
.
.
.

.
.
.
.
.

.

.
.
.
.
.
.

.
.
.

.
.
.
.

.
.
.
.
.
.

.
.

.
.

Pa r Va lue.

E stimated
Ma rket Value.

Amount Invested.

$70,000

$70,700 00

$70,000 00

$18,000
12,000
10,000
7,000
5,000
12,000
25,000
50,000
5,000
50,000
10,000
30,000
10,000
13,000
6,000
16,000
11,000
10,000
25,000

$19,620
12,840
11,400
7,560
5,700
12,840
28,750
63,000
5,350
58,500
11,500
34,500
13,000
14,950
7,200
l 6,320
11,440
10,500
26,000

$17,705
12,000
10,000
7,000
4,662
11,100
25,000
50,000
5,000
46 ,750
7,845
28,425
10,000
12,983
6,000
16,000
11,000
10,000
25,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

----

$395,000 $441,670 00

00
00
00
00
50
00
00
00
00
00
00
00
00
75
00
00
00
00
00

$386,471 25

BANK STOCK.

.
.

State N at'l Bank, Boston
Merchants' Nat'l Ba1nk, Boston
Plymouth Nat'l Bank, Plymouth .
Old Colony Nat'! Bank, Plymouth .
Bristol CoLLnty Nat 'l B'k, Taunton .
Hingham Nat'l Bank, Hingham
Market Nat'l Bank. Boston
.
Traders' N at'l Bank, Boston
City Nat'l Bank, Boston .
.
Suffolk N~t'l Bank, Boston .
North Nat'l Bank, Boston
.
Massachusetts N at'l Bank, Boston

.

.
.
.
.
.
.

$13,000
22,500
17,400
26,200
17,100
4,200
12,800
8,000
8,400
6,200
900
8,500

$16,250
3:L,6:25
19,140
35,370
24,795
4,200
13,952
8,160
10,500
7.440
1:~o(J
10,200

00
00
00
00
00
00
00
00
01)
()I)
lh>

00

$13,000
22,500
17,400
26 ,200
17,100
4,200
10,240
6,000
8,400
6,200
900
8,500

00
00
00
00
00
00
00
00
00
00
00
00

260

BANK COMMISSIONERS' REPORT.
BANK STOCK -

Concluded.
Par Value.

.
.
.

.
Second N at' l Bank, Boston
T remont Nat' l Bank, Boston .
At lantic N at'l 13ank, Boston .
E agle N at'l Bank, Boston
Ol d Boston Nat'l Bank , Boston
New England Nat' l Bank , Boston .
B oylston N at' l Bank , Boston .
.
E xchange Nat ' l Bank , Boston.
Abington Nat'l Bank , Abington
Commerce N at 'l Ban k, Boston
North America Nat 'l Bank , Bost ou.
R ailroad N at ' l Bank, Lowell .
Globe N at 'l Bank , Boston
Freeman' s Nat ' l Ban k , Bost on
.
Shawm ut Nat '} Bank , Boston .
Union Nat 'l Ba nk, ·weymouth
At las Nat ' l Bank , Bost on
.
H amilton N at 'l Bank, Boston .
.
B oston Nat'l Ban k, Boston
Webst er N at 'l Ba nk, Bost on
.
Blackst on e N at 'l Bank , Boston
.
Columbian Nat 'l Bank, Boston
H oward Nat' l Bank , Bost on .
.
R evere Nat 'l Bank , Boston
R ep ublic Nat' l Bank, Boston .
Commonwealth .N at'l Bank, Boston .
Third N at 'l Bank, Springfield.
.
Manufac turers' Nat'l Bank , Bost on.
First Ward Nat' l Bank, Boston
H ome Nat 'l B ank , Brockton .
Brockton N at 'l B an k , Brock ton

.

.

.
.
.

.
.
.

.

.

.

.

[Jan.

$27,000
19,500
4, 100
8,000
5,450
8,600
7,000
10,600
1,500
10,800
12,000
11 ,000
2,900
2,800
9,300
10,000
23,400
5,300
13,900
11 ,200
4,800
4,200
5,400
12,000
18,800
10,000
10,000
10,000
10,000
10,0U0
6,0()0

Estimated
l\1arket \"alne. Amount Invested.
$40,500
23,400
6, 150
9,040
6,649
12, 728
8 750
15,052
1,875
12,960
13 560
12.1 00
3 190
3, 304
11 ,625
15,000
29,0 16
6,466
17,375
12 ,320
5,472
5,880
7,020
14,400
24 ,440
12,300
14,500
10 ,900
11 ,800
10,000
6, 000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
OU
00
00
00
00
00
00
00
00
00
00
00

$-150,150 I$567,66:1:

oo

no
00
00
00

$27 000
17 745
4, l U0
8,000
5,450
8,600
7.000
10, 600
1,500
9, 180
10,800
11 ,000
2,49-1
2,3 0
8,950
10,000
23 400
5,300
12 78
10 080
3,712
4, ~00
f\0:22
10, 00
1 ,suo
,500
10 ,00U
6,500
7,000
9,000
6,000

00
00
00
00
00
00
00
00
00
00
0u
00
U0
00
U0
O0
00
00
00
00
U0
(I 0
00
00

() 0

00
U0

00
00
00
00

$126,5-11 0 0

RA ILROAD BOND .
Old Colony
Eastern .
Boston and Albany .
Bo ton and Lowell
alem and Lowell
Bostqn and Maine

$20,000
10,500
50,000
25,000
25, 00
10,000

$2 ,200
11. 550
5· ,000
2:- 000
30 ,00
12,600

00
00
00
00
00
00

$140,500 $1G5,3 "' 0 00

$20,000
5 000
50 ,000
2r ,ooo
_.- ,000
10 000

00
00

00

oo

0()
00

$135,000 00

1882.]

J

261

PUBLIC DOCUMENT - No. 8.

PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWN OF
BOSTON - BOSTON.
I ncorporated D ecemb er, 1816. N umber of corporator , 127.
1. 11'easurer, C HARLES J . MORRILL,
AMES S. AMORY, P resident.
STATEMENT.

LI ABILITIES.

D eposits
.
.
E a rnin gs und ivided
Gu ara 11 ty fund .
Suspense accou nt
T axes on estates .

A SSETS .

$23,975,481 37
150,0fiJ 98
210,000 00
11 ,74968
18,547 26

$4,853,000 00
Puhli c fn nds
.
550,000 00
Loans on p ublic fu nds
1,134,625 00
Bank stock .
.
.
1,800 00
L oans on bank stock .
584,000 00
Railroa,l bonus
80,000 00
Real estate .
.
.
.
133,261 04:
Real estate h y for eclosure .
5,924,514 00
.
L oans on real estate .
Loa ns on persona l se curity,* 9,206,928 66
Loa ns to counties, cities, or
803,800 00
.
.
.
.
t owns .
D epos it in b a nks on interest , 1,042,286 97
14,5:rn 15
E xpe nse account .
37,593 47
Cash on b a nd

$24,365,842 29

$24,365,842 29

Loans on Public Funds : On $550,000 United States 5s, ex t ended at 3-½ p er cent

• $550,000 00

Loans on Bank Stock: On 30 sh ar es Mer chants' Na tional B ank, New B edford, and 10
shares N ationa l Bank of Commer ce, New Bedford
Cash on D eposit in Banks, amount in ea ch: Merch a nts' National B a nk
Excha nge N a tional Ba nk •
Webster National B a nk
Market Nation al Ba nk
M erchandise N ational Ba nk
Suffolk N a tion al B ank
A tlas National Bank .
Third N ational Bank .
Framingh am N ational Bank
Amount invested in teal estate (for banking purposes)
Estimated value of the same
Amount of r eal est at e h eld by foreclosure
A ssessed value of the sam e
.A.mount of income received from t h e sa me
Amount of municipal tax on real estate •
Whole amount of interest or profits r eceived
Rate a~1d ·amount of each semi-annual dividend for
prevwlls year .
.
.
.
.
.
.
.

* This institution has been notified

•

t 1½ p er
f 1½ per

$1,300 00

$340,808
395,732
51,161
52,675
103,263
14,113
12,623
51,907
20,000

31
57
01
87
96
83
65

$80,000
217,900
133,261
141,900
3,672
5,001

00
00
04
00
42
22

77
00

$ 1,069,783 41
cent . { 331,782 74
cent . 338,979 03

that these loans excee d t-h e legal limit.

262

BANK COMMISSIONERS' REPORT.

[Jan.

Times for the dividends fixed by the by-laws : third W edne day in
J anuary and July.
A verage annual per cent of dividends for the term ending at time
of and including last extra dividend: 4 per ceut.
The total amount of loans, with each specified rate of intere t :
$90,000, 3 per cent; $50,000, 3¾ per cent; $5,779,000 3½ per cent;
$-!70,000, 3¾ per cent; $2,377,266.66, 4 per cent; $30,000, 4¾ per
cent; $5,059,000, 4t per cent; $4,058, 700, 5 per cent; $779,900, 5½
per cent; $386,000, 5¾ per cent; $2,538,701, 6 per cent ; :$3-!1175,
7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each •
0
Aggregate amount of the same •
. $106,620
Number of open accounts •
61,-!96
Number and amount of deposits r eceived for previous year, 61,597 5,145,211
N umber and amount of deposits of and exceeding $300 at any
one time for the previous year
3 1611,649,216
Number and amount of withdrawals
42,484 4,491,981
Number of accounts opened the previous year •
10,795
Number of accounts closed the previous year •
7,760
45 Oul
Amount of expenses of the corporation during previous year .
20,000
Amount of treasurer' s bond
D ate of examination by commissioner: Dec. 9.

00
84
00
24

50
00

PUBLIC FUNDS.

Par Value.

"
"

Amount Iuvested.

$ 1,353.000 $1,364,838 75 $1,353 000 00
1,900,000 1,928,500 00 1,900,000 00
1,300,000 1,467,375 00 1,300,000 00
348,000 00
300,000 00
300,000

United States 6s, extended 3-}.
"
"
5s,
"
"-

"
"

Estimated
l\larket Value.

4fs
4s·

- - - - - - -1- - - - - - $4,853,000 $5,103,713 75 $4,853,000 00

BANK STOCK.

Atlantjc Nat'l Bank, Boston .
Atlas Nat'l Bank , Bo ·ton
Old Bo. ton Natl Bank, B . ton
Gohm bi a n Nat'l Bank, Bo. ton
Contin 11tal Nat'l Bank, B ton
ity at' l Bank, Boston .
Eagl
at'l Bank, Bo ton
Glob
at'l Bank, B st n
.
Jlainilt n at' ] Bank, B . ton .
.
Ilic] a nd L ath r Jat'l ll'k, B ston,
Ma sl'la husett Nat'l Bank, Bo. ton
lark t Nat'] Bank, Bo ton
Mer ·h ant, ' rat'l Bani , Bost n
w En gln,ncl
at'l Ba,nl , B t n

$21,500
67,500
35,000
42,800
66, 00
31,500
4-5,000
l, f00
3; ,700
!L,500
--,500
5J 300
90,400
-3,900

$33,002
84,375
4-,700
60,990
79,-41
40.00f>
53 . 7

50
00
00
00

00
50
3- ,122 50
41,703 75
26,~L 50
_7,900 00
Ci0,l' 7 2r.:
1:31,9 ' 400
35,611 00

$21,500
67 500
' ;- ,000
4-, 00
66, 00
31,500
45,000
' 1. 500
3 700
. _:.. ,f0
-2,500
r.: 4,300
90,400
_a 900

00
00
00
00
00
00
00
00
00
00
00
00
00

oo

1882.]

26,

PUBLIC DOCUMENT-No. 8.
BANK

STOCK -

Concluded.

Par Value.

.
.
.
.
.

North Nat'] Bank, Boston
.
.
Revere Nat'l Bank, Boston
Second N at'l Bank, Boston
State N at'l Bank, Boston
Suffolk N at'l Bank, Boston
Shoe and Leather Nat'lB'k, Boston,
Traders' Nat'l Bank, Boston .
Tremont Nat'l Bank, Boston .
Union N at'l Bank, Boston
.
Webster Nat'l Bank, Boston
.
Washington N at'l Bank, Boston

.
.

.

.

.
.

$43,000
33,200
64,000
48,200
45,000
50,000
3,000
90,000
31,200
100,000
38,500

Estimated
Market Va lue.

$60,952
40,504
96,960
60,491
54,843
56,500
3,060
109,800
47,892
111,500
53,900

50
00
00
00
75
00
00
00
00
00
00

Amount In vested.

$43,000
33,200
64,000
48,200
45,000
50,000
2,625
90,000
31,200
100,000
38,500

00
00
00
00
00
00
00
00
00
00
00

$1,135,000 $1,449,275 75 $1,134,625 00

RAILROAD BONDS.

.

Old Colony 6s .
Eastern 4½s .
Boston and Albany 6s

.
.
.

.

.

.
.

. .

$250,000 $293,750 00
265,000 294,150 00
100,000 117,500 00
$615,000 $705,400 00

$250,000 00
234,000 00
100,000 00

- --- - $584,000 00

264

[.Jan.

BANK COM11ISSIONERS' REPORT.

PROVIDENT INSTITUTION FOR SAVINGS I THE TOW
SALISBURY AND AMESBURY-SALISB RY.
Incorporated 1828. Number of corporators, 16.
Tl·easurer, ALFRED C.
S. WOODMAN, P resident .

:rs

OF

WEBSTER,

STATEMENT.

LiaBILITIES,

Deposits
.
.
Earnings undivided
Guaranty fund .

.ASSETS,

$ 1,~89,525 98
58,49(-j 20
31,975 11

Public funds
Bank sto(.'k .
.
L oans on bank stock
Railroau bonds .
Real estate .
.
.
•
Real e tate by forecl o ure .
L oans on real estate .
.
Loans on personal security,
L oans t o counties, citie , or
towns
.
.
.
.
Deposit in banks on interest,
Expense aecount.
Cash on hand

$1,379,997 29

Loans on Bank Stock: On 5 shares Powow River National Ban k , Salisbury

$-!1~,500
141 ,325
500
51,500
2,500
5,659
21 ,000
110,400

00
00
00
00
00
G5
00
00

115,000
309,766
1,020
5, '25

00
5!
Ho
24

$ 1,379,!J97 29

$500 00

Cash on D eposit in Banks, amlount in each:Powow River National B a nk, Salisb ury
Maverick Nation al Bank, Boston
B lackstone National Bank, Boston
.A.mount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
A ssessed valu e of the same
Amount of income received from the same
Amount of municipal tax on real e tate •

639 ·;3 100 00
275 00

-6 34

Whole amount of interest or profits received or earned
$6-t- ~6 13
Rate a'.1 i amount of each em i-annual dividend for l 2 p r ent . { 24 256 71
prevrnu year .
.
.
.
.
.
.
. f 2 p1 r c nt
2-1:, .3n
Times f r th e dividend fix d by the by-laws: third "\\T ' dn day in
April and O tob r .
.A.verarrc annu a l per >nt of dividend for tb.e term nd in rr at tim
of and in clnclin" la ·t extra divid nd: Ch\ p r nt.
Th total am unt of loa11 . , wit.h ach sp ·ified rat
$20,000,4½ pre nt ; $ 17,:500,4:l p'r
11t; $7:l,200 5 p r
$ l ,300, 5~ per nL; $ l7:l,!-l00, Ci p r enL; $1G,500, (i-½ p r
$13-1,700, 7 p r · nL; $fi, 800, 7-½ p r r n t.
N umbe r of 0111.sl.ancling loan whi h a r
f an am unt not
xc· crl in "' $:3,000 a h
2 >:3
ggr ga.Lc am LlllL of Lh am
24 1.-1:0 00

265

PUBLIC DOCU1\1ENT- No. 8.

1882.]

Number of open accounts .
3,012
Number and amount of cl po it r civ d f r previous year , 2,113 $144, 784
Number and amount of cl t> posits of and exceeding $3UU a t any
one time for the previon year
. 101
50,528
Number and amount of wiLbdrawals
1,5 3 15u,7:33
Number of accounts opened the previous year .
452
Number of accounts closed th e previou s year .
308
2,126
Amount of expenses of the corpora ti on during previous year
20,000
Amount of treasurer's bond
Date of examination by commissioner: June 11.
0

00
00
07

84
00

PUBLIC FUNDS .

•

Egtimated
Market Va lue.

Amount Jnvested.

$20 ,000

$26,000 00

$20,000 00

$10,000
21,000
10,000
10,000
10,000
10,000
5,000
45,000
5,000
15,000
20,000
10,000
40,000
40,000
. 17,000
54,000
27,000
4,000
30.000
5,000
10,500

$10,500
23,000
10,6UO
10,600
10,100
12,000
5,600
50,000
5,500
15,000
22,000
10,500
41,600
45,000
19,000
60,000
29,900
4,200
33,500
6,000
10,500

$10,000
21,000
10,000
10,000
0,000
1\ ,000
o, 100
45,() )0
5,000
15,000
20,000
10,000
40,000
40,000
17.000
54,000
27,000
4,000
30,000
5,000
10,500

P a r Value.

United States 6s, currency

.

State, city, and town bonds: State of New Hampshire
.
.
of Maine
of Rhode Island
City of Augusta, Me.
of Lewiston, Me.
.
of Springfield .
of Portsmouth, N.H.
.
of Bangor, Me.
of Lawrence
of Belfast, Me.
of Fall River 6s
of Fall River 5s
.
of Somerville
of Portland , Me.
.
of Manchester, N.H.
of Chelsea
.
.
of Cambridge .
of Dover, N. H.
.
of Charlestown
.
of Holyoke
Town of Amesbury

.

.

.

.

.

.
.
.

.
.

.

.

.

.

.
.
.

.
.
.
.
.

.
.
.
.
.
.

.
.
.
.
.
.

.
.
.

.

.

$418,500

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$461,100 00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0 o_

$418,500 0 0

.
BANK STOCK.

First Ward Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston .
Second Nat'l Bank, Boston
~tate Nat'l Bank, Boston
.
Tremont Nat'l Ba11k, Boston .
Commonwealth Nat'l Bank, Boston,
Columbian N at'l Bank, Boston
Exchange Nat'l Bank, Bo:ston
34

$5,000
4,900
1,800
3,500
4,900
5,000
3,500
5,000

$5,7fi0
6,125
2,700
4,:375
5,880

00
00
00
(10
00

6,0(10 (}()

4,900 ()l)
7,000 00

$5.000
4,900
l.800
3,500
4.900
5,000
3,500
5,000

00
00
00
00
00
00
00
00

266

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK - Concluded.
Par Yalue.

.

.
.

Atlas Nat'l Bank, Boston
.
Globe Nat'l Bank, Boston
R edemption N at'l Bank, Boston . .
Hide and Leather N at'l B'k, Boston,
Howard Nat' l Bank, Boston
.
Eagle Nat' l Bank, Boston
Suffolk N at'l Bank, Boston .
Merchants' Nat' l Bank, Boston
.
Commerce Nat'l Bank, Boston
Atlantic Nat'l Bank, Boston .
New England Nat'l Bank, Boston
.
Republic Nat' l Bank, Boston .
.
Traders' Nat'l Bank, Boston
. .
City N at'l Bank, Boston .
Shoe and Leather Nat' l B'k, Boston,
ebster N at'l Bank, Boston
Maverick Nat'l Bank, Boston •
.
Eliot Nat'l Bank, Boston
First N at'l Bank, Boston
Boylston Nat'l Bank, Boston .
Revere Nat'l Bank, Boston
Blackstone N a.t'l Bank, Boston
Old Boston Nat'l Bank, Boston
Faneuil H all Nat'l Bank, Boston
Union N at'l Bank, Boston
Bay State Nat'l Bank, Lawrence
R ailroad Nat'l Bank, Lowell .
Powow River at'l B'k, Salisbury .
Georgetown Nat' l Bank, Georgetown,

.

.
.
.
.
.
.

.

,v

.

.
.

.
.

.
.
.
.

.

.
.
.

$7,500
2,500

n,ooo

7,500
4,000
3,500
5,700
3,500
3,000
2,200
1,500
3,000
1,800
1,000
2,500
4,000
2,000
4,200
1,500
3,500
7,500
6,000
2,150
2,600
2,500
3,375
4,200
5,000
5,000

Estimated
Market Ya lue.

$9,375
2,750
6,750
8,625
5)200
3,850
6,840
5,075
3,600
3,300
2,172
3,900
1,800
1,250
2,750
4,400
4,800
5,040
3,000
4,375
9,000
6,900
2,623
3,380
3,750
4,000
4,500
8,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amount Invested

$7,500
2,500
5,000
7,500
4,000
3,500
5,700
3,500
3,000
2,200
1,500
3,000
1,800
1,000
2,500
4,000
2,000
4,200
1,500
3,500
7,500
6,000
2,150
2,600
2,500
3,375
4,200
5,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

------ ------

$141,325 $178,735 00

$141,325 00

RAILROAD BONDS.

.

Eastern 4½s
.
.
.
Boston and Albany 7s
.
Boston and Maine 7s
West Amesbury Branch 7s

.
.
.

.
.
.

.

$42,000
10,000
5,000
5,000

$45,500
12,500
6,200
6,000

00
00
00
00

$62,000

$70,200 00

$31,500
10,000
5,000
5,000

00
00
00
00

-----$51, 500 00

1882.]

CHARLES

PUBLIC DOCUMENT-No. 8.

267

QUINCY SAVINGS BANK - QUINCY.
In corporated 1845. Number of corporators, 45.
MARsn, P resident.
Tl·easurer, GEORGE L.

GILL.

STATEMENT.

LI AB ILITIES,

Deposits
.
.
Earnings urn'livided
Guaranty fund .

ASSRTS.

$ 1,044,920 73
3,574 13
17,500 00

Public funds
Bank stock .
.
Loans on bank stock
Railroad bonds ,
.
.
Real estate by foreclosure .
Loans on real estate •
.
L oans on personal security,
D eposit in hanks on interest,
E xpe nse acconnt.
Premium account
Interest account
Taxes, ete . .
Ca8ll on hand

$55,500 00
!:J9,406 49

4,800
60,0U0
147,H18
4!!8,8!:19
14fi,900
18,838

00
00

83
03
00
33

219 60

14.386 04
16,772 80
611 06
2,042 f:i8

$1,065,994 86

$1,065,994 86

Loans on Bank Stock: On 47 shares Mount Wollaston National Bank, Quincy •

$4,800 00

Cash on Deposit in Bank: Granite National Bank, Quincy .

•

Amount of real estate held by foreclosure
Assessed v~lue of the same
Amount of income received from the same
Amount of municipal tax on real estate •

• $147,618 83
• 129,500 00
7,300 00
1,834 09

Whole amount of interest or profits received or earned •
•
Rate and amount of each semi-annual dividend for } 1½ per cent . j
previous year .
.
•
.
.
.
.
2 per cent . )
Times for the dividends fixed by the by-laws: first Tuesday in April
and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7½ per cent.
The total amount of loans, with each specified rate of interest:
:t-64,000, 4 per cent; $140,700, 5 per cent; $15,000, 5½ per cent;
$212,150, 6 per cent; $5,600, 6½ per cent; $185,449.03, 7 per cent;
$21,200, 7-P0 per cent; $6,500, 7½ per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 213
Aggregate amount of the same •
Number of open accounts .
!i,C90
Number and amount of deposits received for previous year, 2,438
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 145
Number and amount of withdrawals
2,286

$18,838 33

$48,387 77
14,899 98
19,689 19

265,705 03
184,143 95
81,476 00
209,872 71

268

BANK COMMISSIONERS' REPORT.

Number of accounts opened the previous year .
450
Number of account closed the previous year .
2 9
.A.mount of expenses of the corporation during pre-vi.ou year.
.A.mount of treasurer s bond
Date of examination by commissioner: May 6.

Par Value.

.

.

.

.

.

$3,012 49
30,000 00

Frnms.

PUBLIC

City and town bonds: .
City of Lawrence 6s
of Providence, R. I., 5s
of Somerville 5s
.
T own of Pawtucket 5s

[Jan.

$5,000
5,000
40 ,500
5,000

.

$55,500

Estimated
l\larkeL Vaine.

$5,500
5,900
45 ,360
5,500

00
00
00
00

$62,260 00

Amount Inve3ted.

$5,000
5 000
40.500
5,000

00
00
00
00

- - - - --

$55,500 00

BANK STO CK .

,v ashington N at'l Bank, Bosbn .

Hide an d Leather at'l B'k, Boston,
Eliot N at'l JJank, Boston
E xchallge Nat'l Bank, Boston
·webster Nat'l Bank, Boston
Boston Nat'l Bank, Boston
Atlas Nat'l Bank, Boston
.
Merchants' Nat 'l Bank, Boston
State Nat'l Ban k, Boston
North Nat'l Bank, Boston
Traders' Nat'l Bank, Boston .
North America Nat'l Bank, Boston.
Republic Nat'l Bank, Boston .
Ma nufacturers' Nat'l Bank, Boston ,
Revere N at' l Bank, Boston
.
City Nat' l Bank, Boston .
Gran ite at' l Bank, Quincy
Mo unt \Vollaston Nat'l B'k, Quincy,

.
.

.
.

.

.

.
.

.

$800
1,500
1,700
2,000
2,000
3, 100
6,200
2,500
2,600
3,000
3,500
6,700
7,500
25,500
1,800
1,900 .
10, 000
10,000

----

$ 1,120
l ,77U
2,040
2,880
2,240
4,224
7,750
3,675
3,250
4,260
3,605
7,705
9,825
2 .050
2, 196
2,4 13
13,000
13,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$92 ,500 $113,003 00

$844
1,500
1,706
2,475
2,000
3,338
6,909
2,657
2,800
3,450
3,555
6,925
9,600
26,205
1,99 1
2,244
10,605
10,600

00
00
20
33
00
08
25
50
00
00
00
00
00
00
75
00
3
00

$99 406 49

RAILROAD BONDS.

al em and Lowell 6s
:Bo. ion,
Jin ton, Fitchburg,
N ew Bedford 5 *

$ 10,000

$11,500 00

$10,000 00

50,000

52,500 00

50,000 00

$64 000 00

$60,000 00

an l
$60,00

* 'J'hi ti bnnk has bl' •n no tifi • d thnL tll

invC'!l tm C'nl in th

l'

bond

illl'fp l.

1882.]

J.

WHITE

269

PUBLIC DOCUMENT-No. 8.
RANDOL H SAVINGS BANK- RANDOLPII.
Incorporated 1851. Number of corporators, (,1.
BELCHER, Presiclent.
Treasurer, Srr.TH

TURNER.

STATEMENT .

-LI.\BILITIES,

ASSETS .

I

Deposits
Earnings undivided
Guaranty fund •

$714,320 96
2,828 ol
18,116 24

. .

Public funds
Ba11k stock
Railroad bonds
L oans on railroad stock
Real estate by foreelosure .
Loans on real estate
Loans on perso na l security,
Loans to counties, citi es, or
towns.
Deposit in bank on interest,
Casll on b and

.

$ 157,000
252,400
107,500
500
15,41 4
117,!:JRO
26,550

00
00
00
00
68
00
00

15.000 00
39,S4!:J 92
s,m10 m

----$ 735,265 51

$735,265 51

Loans on Railroad Stock: On 5 shares Old Colqny Railroad

Cash on D eposit in Bank: Randolph N a tional Bank, Randolph

$500 00
•

$39,849 92

Amount of r eal estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$15,414
15,800
571
172

Whole amount of interest or profits received or earned •
•
Rate a?d amount of ~ach semi-annual dividend for } 2 per cent
.{
previous year .
.
•
•
.
•
.
2 per cent
•
Times for the dividends fixed by the by-laws: April and October.
Average annual per cent of dividends for the term eudiug at time
of and including last extra dividend: 6½ per cent.
The total amount of loans, with each specified rate of interest:
$10,000, 4 per cent; $19,000, 5 per cent; $12,500, 5-½ per cent;
$46,920, 6 per cent; $21,450, 6-½ per cent: $34,400, 7 per cent;
$440, 7-l-h per cent; $9,550, 7~ per cent; $5,750, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
66
Aggregate amount of the same •
Number of open accounts .
2,096
Number and amount of deposits received for previous year
922
Number and amount of deposits of and exceeding $300 at auy
one time for the previous year
88
Number and amount of withdrawals ·
746
Number of accounts opened the previous year
269
Number of accounts closed the previous year •
179
Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: May 19.

$43,036 86
13,~0l 31
13,704 96

68
00
13
90

67,140 00
92,230 86
41,552 74
79,454 21

1,603 26
15,000 00

270

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

E stim ated
:Market Va lue.

Amount Invested.

$105,000 $111,290 00

$105,0QO 00

Pa r Value.

.

United States bonds

State a.n d city bonds: State of New Hampshire
City of Portland, Me.
of Springfield .
.
of Brockton
of Lawrence

.
.

.
.
.

.

.

.
.

.

.

.

.

.

$1,000
10,000
15,000
10,000
16,000

$1,100
11,000
19,500
11.500
19,200

00
00
00
00
00

------

$157,000 $183,490 00

$1 ,000
10,000
15,000
10,000
16,000

00
00
00
00
00

$157,000 00

BANK STOCK.

Atlantic Nat'l Bank, Boston .
Atlas Nat'l Bank, Boston
Blackstone Nat'l Bank, Boston
Boston N at'l Bank, Boston
Blue Hill Nat'l Bank, Boston .
Central Nat'l Bank, Boston
City Nat'l Bank, Boston .
.
Commonwealth Nat'l .Bank, Boston,
Continental Nat'l Bank, Boston
Commerce Nat'l Bank, Boston
Eagle Nat'l Bank, Boston
Eliot N at' l Bank, Boston
Everett Nat' l Bank, Boston .
Exchange Nat'l Bank, Boston.
Freeman's Nat'l Bank, Boston
Hamilton Nat'l Bank, Boston .
Hide and Leather Nat'l B'k, Boston,
Howard Nat'l Bank, Boston .
Merchandise Nat'l Bank, Bo:ston
Market Nat'l Bank, Boston
Metropolitan N at'l Bank, Boston
Merchants' Nat'l Bank, Boston
Ne w Engl and N at'l Bank, Boston
North Nat'l Bank, Boston
North America N at ' l Bank, Boston.
R evere .N at'l Bank, Boston
R edemption Nat 'l Bank, Boston
Shawmut Nat' l Bank, Bo. ton .
.
Shoe and Leather at'l B 'k, Boston,
State Nat'l Bank, Bo ton
Third N at 'l Bank, Bo, t on
Tremont Nat'l Bank, B ton
Trader ·' Jat'l Bank, Bo. ton
Union Xat' l Ba11k, Bosto n
'\'e bstC'r Nat ' l I ank, Bo. ton
H om• at ' l l3c 11k , Bro kton
Centra l NaL'l Bank, Lyu u
City Nat' ] Bank, L. n n .
ni 11 N at' ] Ba,111 , \V .vm uth .
Ta un L0 11
a,L' 1 B,tnk, 1 a unton
Ma nu fac turers ' at 'l Bank, Bo ton ,

$9,700
5,000
9,700
5,000
1,600
5,200
5,000
6,300
5,000
6,600
5,000
2,000
10.300
2,700
2,500
5,000
10,000
4,600
2,400
7,500
500
15,000
5,000
7 ,000
5,000
3,700
15,000
3,000
10,500
4,(WO
5,000
5,000
2, 500
2,500
1.00

5,000
9,7 0
' ,r:;00
1,; 0

2,500
4,000

$14,890
6,250
11,155
6,400
1,764
6,240
6,162
7,590
5,925
8,598
5,988
2,405
12,177
3,888
2,993
5,650
11,500
5,980
2,6.3-1
8,232
600
~1.900
7,412
9,958
5,738
4,4 96
20,250
3, 25
11, 12
5,77'
5,350
G,13
2,550
3 o
1,140
6.000
1:...,()_

5,00,
l ,49~
3.37!5
4,410

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$12,562
5,000
12,000
5,000
1,600
5,200
5,865
6,569
5,000
8,060
5,336
2,000
11 ,604
4 ,064
3,346
6,762
10,269
4,993
2,400
7,500
500
19,962

50
00
00
00
00
00
00
75
00
12
38
00
75
00
00
50
88
75
00
00
00
62

,034
5,000
4 700
19 ,
' ,A5
10. 500
4, ' 76
5,000
5 ,000
- / 00
3,6 1
1,000
5,000
9,700
1
\07
1,300
- ,500
4,000

13
00
00
00
25
00
00
00
00
00
25
00
00

u,3oo oo

00
1-

00
00
00

----- - - - - -- - -- - - $222 ,400 $279 ,514 00

$25-,400 00

PUBLIC DOCUMENT -

1882.J

No. 8.

271

RAILROAD BONDS.

I
Old Colony
.
Boston and Maine·
Eastern .

.

.. .. ..
.

.

.

P ar Value.

Estima ted
Ma rl,et Va lue.

Amount I nvested.

$60,000
10,000
37,500

$69,600 00
12,800 00
41,250 00

$60,000 00
10,000 00
37,500 00

$107,500 $123,650 00

$107,500 00

272

BANK COM 1ISSIONERS' REPORT.

R. J.

ROCKLAND SAVINGS BANK - ROCKLAND.
Incorporated 1868. Number of corporators, 47.
President.
TreasU1·er, E. R.

LANE,

[Jan.

STUDLEY.

STATEMENT.

LIA BI LITIK S .

ASSETS,

II
Depo:a;its
.
.
Earnings unc'livided
Guaranty fund. .

$36fi, fifl7 39
7,676 83
5,000 00

Public func'l.s
:Bank stock .
Rai lroad bonc'ls .
.
.
Real estate lly foreclosure .
Loans on real estate .
.
L oans on personal secnrity,
L oa ns to couuties, cities, or
towns.
.
.
.
.
Deposit in ban k on interest,
Expense acco unt.
.
.
In sura nce acco unt
.
.
Cash on hand

I

$20,000
81,176
12,000
4,600
210,285
24,851

00
05
00
00
62
12

9,000
16,556
320
369
18-!

00
42
33
76
92

$379,344 22

· 379,344 22

Cash on Deposit in Bank: Abington National Bank, Abington

$ L6,556 42
$4 600
2,900
50
40

00
00
00
31

• $20, 29
Whole•amount of interest or profits received or earned •
Rate a_nd amount of each semi-ann ual dividend for t 2 per cent • 5 6,641
prev1011s year .
.
.
.
.
.
.
. ~ 2 per cent . l 6,956
Times for the dividends fixed by the by-laws: January and July.
Average a nnua l per cent of di vi dends for the term ending at time
of a nd including las t extra dividend: 7i10 per cent.
The total amo unt of loa ns, with each specified rate of interest;
$9,000, 4 per cent; $2:34,186, 6 pe r cent; s-,ooo 7 per cent.
Number of outstant.ling loans which a re of an amount not
2 1
exceed ing $3,000 each
• 174 1 6
Aggregate amount of the ame .
2, 00
l
A.mount of inve tment from wbi h no in om i r
Number of open accoun ts •
1 370
76,140
Number and amount of deposits rec iverl for pr vi u y ar
046
Number and amount of d po its of and exce ding $300 at auy
one time for the previou y ar
51 2 > 736
6 ,042
uml er and amount of withdrawals
• 651
260
Number of account open ed th pr vi u
ar.
nmb r of a ount clo eel Lhe pre ion y a r .
1
1,000
Am ount f xp n
of th e corporaLion during Ir viou
ar
10,000
Amonnt of tr a ur r b nd
DaL of exami11alion by commi ioncr: Oct. .

60
66
30

A.mount of real es tate h elcl by foreclosure
Assessed value of th e same
A.mount of income received from the same
A.mount of municipal tax on real estate •

00
0
28
1)4
01)

00
00

PUBLIC DOCUMENT- No. 8.

1882.J

Punuc

FuNDS.

Par Value.

City bonds: City of Bangor, Me.
of Rockland, Me.
of Middletown, Conn.
of Fall River

.

.
.
.

.
.
.

.

273

$8,000
5,000
3,000
4,000
$20,000

Estimated
Ma rket Value.

Amoun t Invested.

00
00
00
00

$8,000 00
5,000 00
3,000 00
4,000 .oo

$22,440 00

$20,000 00

$9,600
5,000
3,240
4,600

---

BANK STOCK.

.
.
.

.
.

Atlantic N at'l Bank, Boston
Continental Nat'l Bank, Boston
Eliot N at'l Bank, Boston
Everett Nat'l Bank, Boston
Freeman's Nat'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,
Metropolitan N at'l Bank, Boston
Market Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Howard N at'l Bank, Boston .
State N at'l Bank, Boston
.
Traders' Nat'l Bank, Boston
Revere Nat'l Bank, Boston
Merchandise Nat'l Bank, Boston
Webster Nat'l Bank, Boston
Pacific N at'l Bank, Boston
Abington Nat'l Bank, Abington
.Granite N at'l Bank, Quincy .

.

.

..
.

.
.

.. ...
.

.

.
.
.
.
.

$4,000
6,700
1,000
1,500
2,500
3,500
1,000
4,800
4,500
6,700
8,500
6,600
7,300
3,400 ·
2,000
5;000
600
2,100
$71,700

$6,140
7,906
1,180
1,740
2,993
3,850
1,227
5,268
5,175
8,576
10,275
6,732
10,242
3,738
2,230
5,000
787
2,782

00
00
00
00
00
00
50
00
00
00
00
00
75
00
00
00

oo .

00

$5,400
7,675
1,112
1,831
3,125
3,640
960
5,577
4,832
7,428
9,369
7,074
8,673
3,481
2,186
5,537
750
2,520

25
00
75
87
00
00
00
25
50
50
25
50
75
33
60
50
00
00

$85,842 25

$81,176 05

$14;160 00

$12,000 00

RAILROAD BONDS,

Boston, Lynn, and Revere Beach
35

•

$12,000

274

JOHN

BANK COMMI~SIONERS' REPORT.

[Jan.

SALEM FIVE CENTS SAVINGS BANK - SALEM.
Incorporated May, 1855. Number of.corporators, 145.
Krns111AN, President.
Treasure1·, CHARLES H. HENDF..RSON,
STATEMENT.

LIABILITIES.

ASSETS.

I
Deposits
.
.
Earniugs undivided
Guaranty fund

.

$2,252,636 04
50,!-l05 47
50,000 00

.

Public funds
.
Bank stock
Real estate by foreclosure •
Loans on real estate
Loans on personal security,
Loans to couuties, cities, or
towns.
.
.
Deposit in bank on interest,
Cash on hand

.

-

$2,353,541 51

$374,200
550,830
50,850
6\H,3 0
575,000

00
00
00
OQ
00

60,000 00
47,000 OQ
4,281 51

$2,353,Ml 51

Cash on Deposit in Bank: Asiatic National Bank, Salem

$47,000 00

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$50,850
48,750
4,524
745

• $127,190
Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for} 2 per cent
·. { 40 414
41,983
previous year .
.
.
.
•
•
.
2 per cent
Times for tl..te dividends fixed by the by-laws: February and August.
The total amount of loans, with each specified rate of interest:
$20,000, 3½ per cent; $50,000, 3¾ per cent; $50,000, 4 per cent;
$25,000, 4¼ per cent; $290,000, 4½ per cent; $25,000, 4¾ per cent;
$115,000, 5 per cent; $ 156,250, 6 per cen t; $77,700, 6¼ per cent;
$366,100, 7 per cent;. $ 151,330, 7i<Y per cent.
Number of outstanding loans which are of an amount not
249
exceeding $3,000 each
Aggregate amount of the same •
• 349,930
Amount of investments from which no income i received
8, 00
Number of open accounts .
7,606
Number and amount of deposits received for pre iou year, 4,54.8 3 1,179
Number and amount of depo its of and exce ding $30 at any
one time for the previous year
. 34
212, 3
Number and amount of withdrawals
3,175 · 02,214
Number of accounts opened the previous year.
• 9!)0
Number of accounts closed the previous year .
65
Amount of expenses of the corporation during previou yenr
6,66
Amount of treasurer's bond
25,000
Date of examinaLion by commissioner: J trne 7.

00
00
35
95
29
43
36

00
00
73

44
27

89
00

1882.J

PUBLIC DOCUMENT-No. 8.
PunLrc

275

FUNDS.

~

Par Value.

United States 6s , ext. 1881, new 3½s,
.
.
"
" 4fs

.

City bonds: City of Portland, Me.
of Meriden, Conn.
of ·waterbury, Conn.
of Lewiston, Me.
of Gardiner, Me.
of Portsmouth, N.H.
of Hartford, Conn.
of Salem .
.
of Fall River
.
of Lawrence
of Haverhill
.
of Springfield .
of Somerville
of Lynn .
of Chelsea
.
of Fitchburg .

.
.

.
.

.
.
.

.
.
.
.

.
.
.
.
.
.
.
.
.

.

.
.

.

.
.
.
.

.
.
.
.
.
.
.
.

$10,000
40,000
$5,000
65,000
20,000
30,000
10,000
3,000
10,000
19,000
25,000
35,000
10,000
41,000
20,000
20,000
5,000
5,000

Estimated
Marlcet Value.

Amount Invested.

$10,100 00
45,200 00

$9,800 00
41,400 00

$5,080
74,540
25,400
34,500
10,000
3,390
11,MO
20,690
29,800
39,550
12,000
52,380
21,300
23,000
5,650
5,800

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$373,000 $429,680 00

$5,000
65,000
20,000
30,000
10,000
3,000
10,000
19,000
25,000
35,000
10,000
41,000
20,000
20,000
5,000
5,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$374,200 00

BANK STOCK.

.

Atlantic Nat'l Bank, Boston
Atlas Nat'l Bank, Boston
.
Blackstone N at'l Bank, Boston
Boston Nat'l Bank, Boston
Boylston N at'l Bank, Boston .
.
City N at'l Bank, Boston .
.
Columbian Nat' l Bank, Boston
Commerce Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
.
Continental Nat'l Bank, Boston
Eagle Nat'l ·sank, Boston
Eliot N at'l Bank, Boston
.
Everett N at'l Bank, Boston
.
Faneuil Hall N at'l Bank, Boston .
First Nat'l Bank, Boston
Freeman's N at'l Bank, Boston
.
Globe Nat'l Bank, Boston
Hamilton N at'l Bank, Boston .
.
Hide and Leather Nat'l B'k, Boston,
Howard N at'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,
Market N at'l Bank, Boston
.
Massachusetts N at'l Bank, Boston .
Merchandise Nat'l Bank, Boston
Merchants' Nat'l Bank, Boston
.

. .

.

.

.

.
.

.

.

.

$10,000
10,000
15,000
7,900
20,000
8,300
15,000
16,500
8,500
11,400
10,000
13,300
7,300
3,500
2,500
9,100
20,000
7,000
8,500
9,700
10,000
2,200
15,500
6,000
33,300

$15,300
12,500
17,250
10,112
25,600
10,541
21,450
21,120
10,540
13,452
11,900
15,960
8,541
4,690
5,175
10,829
22,200
8,610
10,030
12,610
11,000
2,420
19,220

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
6,600 00
48,951 00

$11,600
10,700
15,000
7,900
22,000
9,100
20,000
16,500
9,000
12,000
10,800
14,600
7,300
4,000
2,500
10,000
21,000
7,900
9,300
10,800
10,000
2,200
17,000
6,000
38,800

00
00
00
00
00
00
00
00
00
00
00
·OO
00
00
00
00
00
00
00
00
00
00
00
00
00

276

BANK COMMISSIONERS' REPORT.
BANK STOCK - Concluded.
Par value.

Mount Vernon Nat'l Bank, Boston .
New England Nat'l Bank, Boston
North Nat'l Bank, Boston
.
North America Nat'l Bank, Boston.
Old Boston Nat'l Bank, Boston
Redemption N at'l Bank, Boston
Revere Nat'l Bank, Boston
.
.
Second N at'l Bank, Boston
Shawmut N at'l Bank, Boston .
Shoe and Leather N at'l B'k, Boston .
Suffolk Nat'l Bank, Boston
Third N at'l Bank, Boston
.
Traders' N at'l Bank, Boston .
Tremont Nat'l Bank, Boston
Union Nat'l Bank, Boston
.
Webster N at'l Bank, Boston
Asiatic Nat'l Bank, Salem
.
Exchange N at'l Bank, Salem .
First N at'l Bank, Salem .
. .
Mercantile N at'l Bank, Salem .
Merchants' Nat'l Bank, Salem
N aumkeag N at'l Bank, Salem
Salem Nat'l Bank, Salem

.
.

.

.

.

.
.

.
.
.
.
.

.

.

.

.

$5,000
9,100
20,000
11,700
6,350
2,000
20,400
7,200
5,700
9,500
7,500
15,000
10,000
10,000
4,400
5,000
10,530
10,000
900
15,300
8,4.00
10,900
25,900

[Jan.

~

Estimated
Market Yalue.

$6,350
13,559
28,400
13,455
7,747
2,700
24,888
10,872
7,239
10,735
9,075
15,900
10,200
12,200
6,732
5,600
15,444
12,300
1,116
18,819
11,760
16,895
31,080

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$511,280 $649,667 00

Amount Invested.

$5,000
12,400
21,600
11,700
7,500
2,500
20,400
7,600
6,600
10,500
8,100
15,000
10,000
11 000
6,000
5,000
10,530
10,000
900
16,000
8,700
11,900
25,900

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$550,830 00

1882.J

PETER

277

PUBLIC DOCUMENT-No. 8.

SALEM SAVIN GS BANK - SALEM.
In corporated Jalluary, 1818. Number of cor1 orators, 193.
SILVER, P1·esident.
T1·easure1·, WILLIAM H. SIMONDS, Jun.
STATEMENT.

LIABILITIES.

ASSE TS ,

I

.

Deposits
.
Earnings undivided
Guaranty fund

$6,252,034 40
20,338 39
136,000 00

$2,094,000 00
Public fnnds
107,500 00
Loans on public funds
560,436 00
Bank stock
8,300 00
Loans on bank stock .
75,000 00
Real estate
109,803 85
R eal estate by foreclosure .
863,240 00
Loans on real estate
1,962,000 00
Loans on personal security,
Loans to counties, cities, or
542,450 00
towns.
65,794 01
Deposit in banks on interest,
19,848 93
Cash on hand

..
.

.

.

.

$6,408,372 79

$6,408,372 79

Loans on Public Funds, amount on each: Qn $100,200 United States 4s
On $5,500 United States 4-½s
On $2,000 Boston 5s .
Loans on Bank Stock, amount on each:On 40 shares Natick National Bank, Natick •
On 120 shares Asiatic National Bank, Salem
On 40 shares First National Bank, Newburyport

• $100,200 00
5,300 00
2,000 00
$4,000 00
300 00 '
4,000 00 ·

•

Cash on Deposit in Banks, amount in each: First National Bank, Boston
Merchants' National Bank, Salem

•

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
.A.mount of municipal tax on real estate .

• $75,000
75,000
• 109,803
88,250
6,136
1,912

$50,794 01
15,000 00
00
00
85
00
44
53

Whole amount of interest or profits received or earned •
$318,284 16
Rate and amount of each semi-annual dividend for } 2 per cent • { 118,722 23
previous year .
.
.
.
.
. , .
1¾ per cent . 105,495 83
Times for the dividends fixed by the by-laws: third Wednesday
in April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7 per cent.
The total amount of loans, with each specified rate of interest:
$544,000, 3½ per cent; $25,000, 31 per cent; $104,000, 3¾ per cent;
$50,000, 3! per cent; $753,000, 4 per cent; $593,350, 4½ per cent;
$29,300, 4¾ per cent; $391,450, 5 per cent; $30,000, 5¼ per cent;
$30,000, 5! per cent; $123,400, 5½ per cent; $535,220, 6 per cent;
$129,570, 6t per cent; $28,400, 7 per cent; $100,800, 7-fir per cent.

278

[Jan.

BANK COMMISSI ONERS' REPORT.

Number of outstanding loans which are of an amount not
161
exceeding $3,000 each
.Aggregate amount of the same .
Amount of investments from which no income is received
Number of open accounts .
15,884
Number and amount of deposits received for previous year, 8,526
Number and amount of deposits of and exceeding $300 at any
. 637
one time for the previous year
Number and amount of withdrawals
7,910
Number of accounts opened the previous year.
1 654
Number of accounts closed the previous year .
1,334
.Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner : J une 2.

$240,790 00
16,000 00
746,€85 00
363,936 00
805,513 30

12,178 93
30,000 00

PUBLIC FUNDS.

Estimated
Market Value.

Amount Invested.

$359,000 $366,180 00
170,000 197,200 00
250,000 282,500 00

$359 000 00
170,000 00
265,000 00

Par Val ue.

.

.

State, city, and town bonds: .
State of Maine
.
of New Hampshire
of Massachusetts
. .
City of Bath, Me.
of Boston
of Bangor, Me.
.
of Cambridge .
. .
of Charlestown
.
of Chelsea
of Fall River
.
of Holyoke
of Lynn
·of Lowell.
of Lawrence .
of Malden
of Manchester, N .H.
of New Bedford
of Providence, R.I. .
.
of Salem .
of Somerville
Town of Arlington .
of Everett
.
.
of Marblehead
.
of Milford
of Waltham .
.
of Winchester

.
.
.
.
.
.
.
.

United States 3!s, continued
"
" 4s~' recristere<l
0
"
" 4½s, registered

.

.
.

.

.
.
.
.
.

.
.
.

.

.

..
.
.

.
.
.

.

.
.
.
.

.
.

.

.
.

.
.
.
.
.
.
.
.
.

.

.

.

.
.

.

.
.
.

.
.
.
.

$7,000
1,000
5,000
9,000
100,000
20,000
15,000
50,000
17,000
60,000
65,000
70,000
50,000
71,000
_50,000
100,000
17,000
200,000
115,000
119,000
10,000
2,000
22,000
15,000
75,000
35,000

$7,280
1,080
5,200
9,000
114,000
22,600
16,050
58,500
19,880
72,400
80,600
76,300
58,500
82,425
58,000
119,000
17,260
23(),000
131,250
123,930
11,600
2,320
-6,1 0
17,100
79,125
41,650

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$7,000
1,000
5,000
9,000
100,000
20,000
15,000
50,000
17,000
60,000
65,000
70,000
50,000
71,000
50,000
100 000
17,000
200 000
115,000
119,000
10,000
2,000
2.,000
15,000
75 000
35,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$2,079,000 $2,3-7,110 00 $-,094,000 00

1882.J

PUBLIC DOCUMENT - No. 8.

279

BANK STOCK.

Par Value.

.
.
.
.

Atlantic Nat'l Bank, Boston
Atlas Nat'! Bank, Boston
Blackstone N at'l Bank, Boston
Boylston Nat'l Bank, .Boston
City N at'l Bank, Boston .
Columbian N at'l Bank, Boston
Commerce Nat'! Bank, Boston
Freeman's N at'l Bank, Boston
Hamilton Nat'! Bank, Boston .
Merchandise Nat'l Bank, Boston
.
Merchants' Nat'! Bauk, Boston
North N at'l Bank, Boston
Redemption Nat'l Bank, Boston
Republic N at'l Bank, Boston .
Revere N at'l Bank, Boston
Second Nat'l Bank, Boston
Shawmut N at'l Bank, Boston •
Suffolk N at'l Bank, Boston
Tremont Nat'l Bank, Boston .
Hide and Leather Nat'l B'k, Boston .
State Nat'l Bank, Boston
Asiatic N at'l Bank, Salem
Exchange N at'l Bank, Salem .
First Nat'l Bank, Salem .
Mercantile Nat'l Bank, Salem
Merchants' N at'l Bank, Salem
N aumkeag N at'l Bank, Salem
Salem Nat'l Bank, Salem
.
Home Nat'l Bank, Brockton
.
Beverly Nat'l Bank, Beverly .
Marblehead Nat'l B'k, Marblehead.
Grand N at'l Bank, Marblehead
First N at'l Bank, Chelsea
.

.

.

.

.
.

.
.
.

.

.
.
.

.

.

.

.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

$10,000
1,000
7,300
2,500
20,500
28,000
50,200
11,400
12,000
12,400
58,300
27,400
12,500
16,500
49,800
17,300
7,500
10,000
20,000
7,800
4,000
15,330
8,500
8,100
500
48,150
7,300
7,500
10,000
700
2,000
4,500
10,000

Estimated
Market Value.

$15,350
1,250
8,395
3,200
26,035
39,900
64,632
13,651
14,760
13,640
85,118
38,839
16,875
21,615
60,756
26,123
9,562
12,200
24,400
9,087
5,020
23,506
10,200
10,125
625
67,410
11,680
9,000
11,000
812
2,320
5,220
12,525

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

oo·

00
00
00
00
00
00

oo·

00
00
00
00
00
00
00
00
00
00

$508,980 $674,831 00

Amount Invested.

$10,000
1,100
8,700
3,000
22,400
28,000
50,200
12,500
14,550
12,400
77,300
28,400
17,500
21,600
50,300
18,100
9,000
12,100
20,000
8,736
4,600
16,110
8,900
8,840
500
48,150
9,650
7,600
10,000
700
2,000
5,000
12,500

00
00
00
00
00
00
00
00
00
00
O0
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0o_

$560,436 00

280

LYSANDER

BANK COMMISSIONERS' REPORT.

[Jan.

SEAMEN 'S SAVINGS BANK - PROVINCETOWN.
Incorporated April 14, 1851. Number of corporators, 85.
N. PAINE, President.
Treasurer , JOSE PH H.

DYER.

STATEMENT.

LIABILITIES.

Deposits
Earnings undivided
Guaranty fund

. ..

ASSETS,

$321,730 11
9,895 18
5,823 14

- -- - -

. .

Bank stock .
Loans on bank stock
Real estate
.
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
Deposit in banks on in terest,
Furniture and safes
Cash on band

$ 108,824
1,000
1,330
82,254
37,058
37,548

62
00
29
90
74
20

15 000
49, 65
2,f123
1,U!2

00
70
49
49

--

$ 337,448 43

$337,448 43

Loans on Bank Stock: On 8 shares Freeman's National Bank, Boston, and 4 shares Shawmut National Bank, Boston •

$1,000 00

Cash on Deposit in Banks, amount in each:,Freeman' s National Bank, Boston
Union Market National Bank, Watertown

$9,749 03
40,116 67

Amount invested in real estate (for banking purposes)
E ' timated value of the same
Amount of real estate b.eld by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal. tax on real estate .

$1,330
1,000
82,254
75, 273
3 779
1 170

29
00
90
00
37
00

Whole amount of interest or profits received or earned •
$1 :- 9
R a te a?d amount ·of each semi-annual dividend for} 2 per cent
·. ! 6 412
1 6,193
prev10us year .
•
•
.
.
•
.
2 per cent
Times for the dividends fixed by the by-laws: January and July.
Average annual per cent of dividend for the term ending at time
of and including la t extra di vidend: 3 per c nt.
The t otal amount of loans, with each pecified rate of intere t:
$27,555.43, 6 p r cent; $35,076.68, 6½ p r c nt; $11 46 -.83 7 p r
cen t ; $594, 7t per cent; $540, p r c n t.
N umber of outstanding loa ns which ar e of an amount n t
exceedin g $3,000 each
64
Aggregate amount of the same .
5, 731
A mount of inve tments from which no income is r ei v d
23, 2
N umber of open ace unts .
1, 7
N umb r and amount of depo it r e ived for pr i u y ar
41,494
376
N umb r and a mount f depo its of and exce din g $300 a t any
one time for the previous year
10,793
40

41
25
12

94
61
85
62

281

PUBLIC DOCUMENT-No. 8.

1882.J .

657
Number and amount of with<lrawals
• 115
Number of accounts opened the previous year.
217
Number of accounts closed the previous year .
Amount of expen.ses of the corporation during previous year.
Amount of treasurer's bond
Date of examination by commissioner: Aug. 5.

$61,918 60

2,100 00
20,000 00

BANK STOCK,

Par Value.

.
.

Atlas N at'l Bank, Boston
.
Blackstone Nat'l Bank, Boston
Blue Hill N at'l Bank, Boston .
Boston N at'l Bank, Boston
City N at'l Bank, Boston .
Central N at'l Bank, Boston
Continental Nat'l Bank, Boston
.
Eliot N at'l Bank, Boston.
Everett Nat'l Bank, Boston
Freeman's N at'l Bank, Boston
Globe Nat'l Bank, Boston
Howard Nat'l Bank, Boston
Home N at'l Bank, Brockton
Mount Vernon Nat'l Bank, Boston.
Market Nat'l Bank, Boston
North America N at'l Bank, Boston.
Republic Nat'l Bank, Boston .
Old Boston N at'l Bank, Boston
First Nat'l Bank, Provincetown
Revere Nat'l Bank, Boston
. .
Second N at'l Bank, Boston
State Nat'l Bank, Boston
Suffolk N at'l Bank, Boston
Tremont N at'l Bank, Boston
.
Webster Nat'] Bank, Boston
Manufacturers' Nat'l Bank, Boston,

.
.
.
.
.
.
.
.
.
.
.
.

.
.
.

.
.
.

.
.
.
.

..
.

$2,500
2,000
1,000
7,600
1,000
5,000
2,500
5,000
5,000
8,000
2,500
1,500
500
5,000
1,000
1,300
5,000
2,000
5,400
7,900
1,700
10,100
3,000
4,500
1,000
2,500

Estimated
Ma rket Value.

$3,125 00
2,300 00
1,102 50
9,728 00
1,232 50
6,000 00
2,965 62
6,012 50
5,856 25
9,580 00
2,787 "50
1,963 12
550 00
6,387 50
1,092 50
1,491 75
6,237 50
2,440 00
7,938 00
9,598 50
2,569 12
12,675 50
3,656 25
5,478 75
1,115 00
3,100 00

$94,500 $116,983 36
36

IAmount Invested,
$3,175
2,500
1,000
7,600
1,000
5,432
3,131
6,000
6,575
8,000
3,562
1,500
540
6,250
1,190
1,490
5,541
3,300
6,820
8,693
1,700
10,100
4,187
5,473
1,190
2,871

00
00
00
00
00
50
25
00
00
00
50
00
00
00
00
88
67
00
00
02
00
00
50
42
00
88

--- - - $108,824 62

282

BANK COMM ISSIONERS' R E P ORT.

[Jan.

SHELBURNE FALLS SAVINGS BANK - SHELBURNE FALLS.
Incorporated 1855. Number of corporators, 60.
F. A. BALL, P1·esident.
Treasu1·er, A. K. HAWKS,
STATEMENT.

LIABILITIES,

ASSETS,

I
Deposits
Earnings undivided
Guaranty fund

.
.

. .

$730,697 87
. 6,618 11
14,000 00

..
.
. . . .

Public funds
Bank stock
Loans on bank stock •
Real estate
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
Deposit in bank on interest,
Cash on hand

$207,000
71,300
2,800
4,000
4,000
355,599
78,135
3,250

.

. $751,315 98

Loans on Bank Stock :On 28 shares Shelburne Falls Nation al Bank

00
00
00
00
00
85
51
00

25,000 00
230 62

----

$751,315 98

•

Cash on Deposit in Bank: Maverick Nationa l Bank, Boston
Invested in real estate (for banking purposes) •
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same: assessed with other property.
.A.mount of income received from the same
.A.mount of municipal tax on real estate •
Whole amount of interest or profits received or earned •
•
Rate a~d amount of each semi-annual dividend for} 2½ per cent • {
previous year .
.
.
•
•
.
•
2 per cent .
Times for the dividends fixed by the by-laws: .A.pr~l 10 and Oct. 10.
The total amount of loans, with each specified rate of interest:
$439,785.36, 5 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
375
Aggregate amount of the same •
Number of open accounts •
, 97
Number and amount of depo its received for previou year, 1,954
Number and amount of deposits of and exceeding 300 at any
one time for th e previous year
. 114
Number and amount of withdrawals
1,1.tl
Number of a counts op n cl the previou year.
• 445
Numb r of a ount lo ed the previous y ar .
270
Amount of e penses of the corporation durin pr viou y ar
Amount of trea urer' bond
Date of examination py commissioner: Aug. 9.

$2,800 00

$25,000 00
$4 000 00
4,000 00
4,000 00
189 00
92 00
$-U, 95 83
16, 9 92
13,982 85

270,215 36

1315,9 0 08
60,264 6
127,172 2

l, 13 09
15,000 00

1882.]

283

PUBLIC DOCUMENT-No. 8.
PUBLIC FUNDS.

Estimated
Market Value.

Amount Invested

$25,000
21,000
60,000

$25,000 00
24,000 00
67,200 00

$25,000 00
21,000 00
60,000 00

$30,000
10,000
29,000
20,000
7,000
5,000

$35,000
11,000
34,200
22,000
8,000
5,500

$30,000
10,000
29,000
20,000
7,000
5,000

Par Value.

United States 3{s
"
"
4s
·412S

"

"

.
.
.

.
.
.

.
.

.

. .

.
.
.
.
.
.

.
.
.

City bonds: City of Boston 6s
of Boston 5s
of Fall River 6s
of Fall River 5s
of Lynn 6s
of Lynn 5s

.
.

.
.

.
.

.

.
.

.
.

00
00
00
00
00
00

$207,000 $231,900 00

00
00
00
00
00
00

$207,000 00

BANK STOCK,

Shelburne Falls N at'l Bank, Shel· burne Falls .
.
First Nat'l Bank, Northampton
Conway Nat'l Bank, Conway .
Adams Nat'l Bank, North Adams
Pittsfield Nat'l Bank, Pittsfield
Redemption N at'l Bank, Boston
.

.

. ..
.
.
.

$29,400
17,000
11,900
5,000
3,000
5,000

$37,400
21,600
· 13,100
6,275
4,200
6,225

$71,300

$88,000 00

00
00
00
00
00
00

$29,400
17,000
11,900
5,000
3,000
5,000

00
00
00
00
00
0o_

$71,300 00

284

BANK COMMISSIONERS' REPORT.

[Jan.

SOUTH ADAMS SAVIN GS BANK - ADAMS.

Incorporated 1869. Number of corporators, 9.
HENRY

J. Buss, President.

Treasurer,

HARVEY

H.

WELLINGTON.

STATEMENT.

LIABILITIES.

ASSETS,

II
Deposits
.
.
Earnings undivided
Guaranty fund .

$472,976 28 1 Public funds
8,309 96 Bank stock .
.
.
.
8,000 oo I Real estate by foreclosure .
Loans on real estate .
.
I
Loans on personal security,
Deposit in bank on interest,
Expense account .
Premium account
Insurance account
Cash on hand
$489,286 24

Cash on D eposit in Bank: First National Bank, Adams
.A.mount of real estate held by foreclosure
Assessed value of the same
.A.mount of income received from the same
Amount of municipal tax on real estate .

$59,500
35,650
6,500
206,395
159,186
16,440
484
5,005
52

00
00
00
00
50
40
41
00
68
72 25

$489,286 24

$16,440 40
$6,500 00
4,000 00
200 00
144 87

Whole amount of interest or profits received or earned
$24,853
Rate and amount of each semi-annual dividend for} 2-½ per cent . j 9,641
previous year .
.
.
.
.
•
.
2 per cent
1 8,551
Tim es.for the dividends fixed by the by-laws: January and July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7 per cent.
The total amount of loans, with each specified rate of interest:
$56,500, 5 per cent ; $163, 325, 6 per cent; $35,500, 6½ per cent ;
$102,831. 50, 7 per cent; $7,425, 8 per cent.
Number of outstanding loans which are of an amount not
ex ceedin g $3,000 each
112
A ggregate amouu t of the same .
8 ,9 1
.A.mount of investments from which no income is received
4,600
Number of open accoun ts .
1,390
Number and a mount of deposits received for previous year, 3, 927 134,619
Number and amount of lepo it of and exceeding $300 at any
one time fo r th e previous year
,129
Number a nd amoun t of wi thdrawals
• 661
62,6 6
N umber of account opened th e previou year .
17
Numb r of accounts clo d the pr viou y a r •
102
Amo unt of expe nses of th e corp ration during previou y ar
1 705
mount of treasur r's bo nd
50,000
Date of examination by com mi ioner: Aug. .

53
94
52

50
00
35
75
67

72
00

1882.]

PUBLIC DOCUMENT-No. 8.

285

PunLic Fmms.
Es tima ted
Market Value.

1~mount Invested.

.

$12,000
12,000
500

$13,920 00
12,240 00
505 00

$12,000 00
12,000 00
500 00

.
.

$5,000
20,000
10,000

$5,500 00
22,400 00
10,100 00

$5,000 00
20,000 00
10,000 00

$59,500

$64,665 00

$59,500 00

$18,600
2,300
1,750
7,500
500
2,500
2,500

$26,040
2,990
2,040
8,400
550
3,800
4,125

$20,680
2,300
1,750
7,500
500
3,800
4,125

$35,650

$47,945 00

I
United States 4s, consols
.
5s,
continued
"
"
"
" 6s, 1881, continued
City and town bonds: City of Somerville •
Town of Adams
of Clarksburg

.

. .
. .

.

.

.
.

.

Pa<Valu,.

BANK STOCK.

. .

First Nat'l Bank, Adams
Adams Nat'l Bank, North Adams
Lee N at'l Bank, Lee
Berkshire Nat'l Bank, North Adams,
Third N at'l Bank, Pittsfield
First N at'l Bank, Woburn
Franklin Co. Nat'l B'k, Greenfield .

.

.
.
.

.
.

00
00
00
00
00
00
00

00
00
00
00
00
00
00

$40,655 00

286

ROBERT

[Jan.

BANK COMMISSIONERS' REPORT.
SOUTHBRIDGE SAVINGS BANK - SOUTHBRIDGE.
Incorporated April 20, 1848. Number of corporators , 84.
H. COLE, President.
Treasurer, CHARLES D.

MONROE.

STATEMENT.

LIABILITIES.

Deposits
.
•
• $1,034,710 83
Earnings undivided
20,579 20
Guaranty fund .
12,000 00

ASSETS.

$491,000
20,000
57,139
2,900
50,000
197,400
151,200

Public funds
.
Loans on public funds
Bank stock .
.
•
Loa ns on bank stock •
Railroad bonus .
.
Loans on real estate .
.
Loans on personal security,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in banks on interest,
Expense account.
Premiums
Steel safe
.
Cash on hand

59,000
22,603
561
13,150
1,500

00
39
37
00
00
835 39

$1,067,290 03

$1,067,290 03

Loans on Public Funds: On $20,000 United States bonds.
Loans on Bank Stock, amount on each: On 10 shares Southbridge National Bank, Southbridge
On 6 shares Blackstone National Bank, Boston
On 20 shares Pacific National Bank, Boston

00
00
88
00
00
00
00

•

.

Cash on Deposit in Banks, amount in each: Southbridge National Bank, Southbridge •
Maverick National Bank, Boston
"Whole amount of interest or profits received or earned
Rate a~d amount of each semi-annual dividend for l 2 per cent
.{
prev10us year .
.
.
.
.
·
.
~ 2 per cen t
.
Times for the dividends fixed by the by-laws: first Wednesday in
January an(\ July.
A verage annual per cent of dividends for the t rm ending at time
of and including last extra divid nd: 5 per cent.
The total amount of loa ns, with each pecified rate of intere t:
$9,000, 3¼ per cent; $5,000, 4 per cent; $45,000, 4¼ per c nt·
$150,000, 4½ per cent; $61,300, 6 per cent; $76 000 6½ per nt;
$84,200, 7 per cent.
Number of out tand in O' loans whi h are of an amount not
exc eding $3,000 each
99
Aggregate amount of the same •
Number f open account
2, 27
Number and amount of depo, it r c ivecl for pre i u y ar, 1,673
Number and amount of d po its of and exceedi ng $300 at any
· one time for the previous year
. lOG

$20,000 00

$700 00
600 00
1,600 00
$17,000 00
5,603 39
$53 01 53
1 ,524 90
10,136 99

91,000 00
134,446 09
56,178 00

1882.J

PUBLI C DOCUMENT- No. 8.

287

1,016 $113,102 34
Number and am ount of withdrawal
• 390
Num ber of accoun ts opened the previous year .
237
Number of accounts closed the previous year .
2,497 80
Amount of expenses of the corporation during previous year
30,000 00
Amount of treasurer' s bond
Date of examination by commissioner : Feb. 21.
P U BLIC F UNDS .

Estimated
Market Value.

Par Value.

United States 4s, 1907
"
" 4-½s: 1891

.
.

.

.
. .

City and town bonds: .
City of Cambridge 6s
of Charlestown 6s .
.
of Lynn 6s
of Newton 6s .
of Salem 5s
of Somerville 61s .
•
of Waterbury, tonn., 7s.
of Chelsea 6s .
.
of Chelsea 4½s .
.
of Holyoke os •
of Lawrence 6s
of New Bedford 6s
of New Bedford 5s
of Newburyport 5s
of Springfield 7s
of Springfield 6s
.
of Worcester 6s
.
of Fall River 6s
.
of Portland 6s .
of Fitchburg 6s
.
Town of Arlington 6s
of Brookline 7s
of Malden 6s .
of Northampton 6s
.
of Pawtucket 5s
of Woburn 6s

.
.

.
.

.
.
.

.

.

.
.

.

.
. . ..
.
.
.
.
.
.
.
.
.

.
.
.

.
. .
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.
.
.
.
.
.
.
.

.
.
.
.

.

.

$30,000
135,ooo

I $34,soo

A.mount Invested,

oo
151,300 oo

$30,000 00
137,550 00

$21,000
13,000
8,000
5,000
10,000
15,000
10,000
12,000
18,000
20,000
10,000
5,000
10,000
4,000
10,000
5,000
10,000
26,000
9,000
5,000
10,000
20,000
20,000
20,000
20,000
· 10,000

$26 ,540 00
15,340 00
9,360 00
6,500 00
11,900 00
15,300 00
13,200 00
14,400 00
18,900 00
25,000 00
12,100 00
61650 00
11,400 00
4,075 00
11,400 00
5,000 00
11,900 00
30,390 00
9,720 00
5,800 00
11 ,800 00
27,600 00
24,000 00
23,400 00
22,400 00
11,700 00

$22,800 00
14,600 00
8,400 00
5,000 00
10,000 00
15,000 00
10,000 00
12,550 00
18,050 00
20,000 00
10,000 00
5,000 0 0
10,000 00
4,075 00
10,000 00
5,000 00
11,375 00
27,750 00
9,000 00
5,200 00
10,500 00
20,000 00
20,000 00
20,000 00
22,000 00
10,000 00

I $491,000

$571,875 oo

I $50 ::,850 oo

$4,600
2,304
1,524
710
11,900
3,190
2,775

$4,000
1,800
1,200
500
13,400
2, 200
2,500

I

BANK STOCK.

Blackstone N at'l Bank, Boston
Boylston Nat'l Bank, Boston .
City Nat'l Bank, Boston
Columbian N at'l Bank, Boston
Freeman's Nat'l Bank, Boston
New England Nat'l Bank, Boston .
Revere N at'l Bank, Boston

$4,000
1,800
1,200
500
10,000
2,200
2,500

00
00
00
00
00
00
00

00
00
00
00
00
00
00

288

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK - Concluded.
Pa r Value.

.
. .
. .
.
. .

w ·ashington Nat'l Bank, Boston
Boston N at ' l Bank, Boston
Suffolk Nat'l Bank, Boston
Commerce N at'l Bank, Boston
Atlas N at'l Bank, Boston
City Nat'l Bank, Worcester
Quinsigamond Nat'l B'k, w·orcester,
Leicester Nat'l Bank, Leicester
Southbridge Nat'l B'k, Southbridge.

.
.

$2,000
1,000
5,000
1,000
500
1,800
2,000
1,400
13,800

--

Estima ted
Market Value.

$2,800
1,280
6,100
1,280
625
2,034
2,400
1,610
18,630

00
00
00
00
00
00
00
00
00

Amount Invested

$2,000
1,150
6,050
1,236
635
2,016
2,380
1,582
14,490

00
00
00
25
63
00
00
00
00

$63,762 00

$57,139 88

$10,000
20,000
10,000
10,000

$12,700
24,800
12,700
12,500

$10,000
20 ,000
10,000
10,300

$50,000

$62,700 00

$50,700

'

RAILROAD BONDS.

Boston and Albany 7s
Boston and Lowell 7s
Boston and Maine 7s
Old Colony 7s •

00
00
00
00

00
00
00
00

- - - -1----·- - -----$50,300 00

PUBLIC DOCUMENT-No. 8.

1882.J

GEORGE

289

SOUTH DOSTON SAVINGS BANK - SOUTH BOSTON.
Incorporatcll 1863. Number of corporator , 72.
E. ALDEN, President.
Treasure1·, GEORGE W.

ELLIS.

STATEMENT .

LIABILITIES.

ASSKTS.

Deposits · .
.
$1,045,3G2 10
E arnings undivil1ed
1::1,52\) 27
Gnaranty fund .
.
22,oOO 00
Charges on mortgage. ,
1s ~o
E aruing-8

undi vided

resen ·ed to meet
esti1uatecl losses 011
real estate

20,000 00

Public fnnds
Bank stock .
Railroad bonds
Real estate .
.
.
.
Real estate by foreclosure .
Loans on real estate .
.
L oa ns on perf;onal security,
Deposit in bank on interest,
Furniture and fixtures
Cash on hand

$ 1,101,210 27

Cash on Deposit in Bank:Maverick National Bank, Boston
Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate h eld by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate ,

$227,435 75
94,300 00
1,450 00

61,83!) 38

lo4,-i13 57
403,346 00
45,000 00

129,263 !-)7

500 00
3,661 60
$ 1,101,210 27

• $129,263 97
$61,839
61,839
134,413
119,900
8,657
2,497

38
38
57
00
86
14

Whole amount of interest or profits received or earned •
$61,406 91
Rate a~d amount of each semi-annual dividend for} 2 per cent . { 10,059 74
prev10us year .
.
.
•
•
•
.
. 2 per cent .
18,964 58
Times for the dividends fixed by the by-laws: third Wednesday in
April and October.
The total amount of loans, with each specified rate of interest:
$30,000, 3½ per cent; $11,000, 5 per cent; $20,000, 5½ per cent;
$159,400, 6 per cent; $75,800, 6½ per cent; $106,696, 7 per cent;
$28,600, 7½ per cent; $16,850, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
139
Aggregate amount of the same •
187,846 00
Amount of investments from which no income is received
5,000 00
Number of open accounts •
8,249
Number and amount of deposits received for previous year, 5,553 237,290 50
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 140
72,877 61
Number and amount of witlldrawals
4,273 256,186 25
Number of accounts opened the previous year .
• 916
Number of accounts closed the previous year .
• 975
Amount of expenses of the corporation during previous year
5,155 85
Amount of treasurer's bond
40,000 00
Date of examination by commissioner: Feb. 28.

37

290

BANK COMMISSIONERS' REPORT.

[Jan.

P U BLIC FUN DS.

E stimated
Market Value.

Amount I nvested.

$108,500 $111,120 62

$108,500 00

Pa r Value.

.

United States bonds

City and town bonds: City of Bangor , Me.
of Portland, Me.
of New London, Conn.
of Norwich, Conn.
.
of Chelsea
of Somerville .
of F all River .
of Brockton .
Town of E verett
of Scituate

.

.

.
.

.
.
.

.

.

.
.
.

.

.

.

.

.
.
.

.
.

$8, 000
15,000
10,000
30,000
7,000
10,000
10,000
20,000
1,000
10,000

$9,040
18,150
12,500
34, 080
8,400
10,800
12, 100
20,400
1,180
10,000

00
00
00
00
00
00
00
00
00
00

------

$229,500 $247,770 62

$7,320
13,775
10,000
30,000
6,860
10,000
10,000
20,000
980
10,000

00
00
00
00
00
00
00
00
75
00

$227,435 75

BANK STOCK.

.
.
.
.

.
Atlas Nat'l Bank, Boston
.
Commerce Nat'l Bank, Boston
Columbian Nat ' l Bank, Boston
Eliot N at'l Bank, Boston .
.
Globe Nat'l Bank, Boston
Massachusetts Nat'l Bank, Boston .
Merchandise N at'l Bank, Boston
North Am erica Nat'l Bank, Boston.
Suffolk Nat'l Bank, Boston
Third Nat'l Bank, Boston
Traders' Nat'l Bank, Boston
Tremont Nat 'l Bank, Boston .
Webster N at'l Bank, Boston

.

.

.

.
.
.

.

$11,100
7,500
6,000
10,000
6,0'00
4,500
2,300
4,500
5,000
6,500
2,600
15,000
13,300

$13,875
9,656
8,550
11,800
6,600

5,580
2,524
5, 163
6,075
6,938
2,652
18, 150
14,829

00
25
00
00
00
00
25
75
00
75
00
00
50

$94,300 $112,484 50

$11 ,100
7, 500
6,000
10,000
6,000
4,500
2,300
4,500
5,000
6,500
2,600
15,000
13,300

00
00
00
00
00
00
00
00
00
00
00
00
00

94, 300 00

RAILROAD BON DS.

N ew Bedford
Eastern .

.

.
.

.

.

.

.

$1,000
1,000

$1 ,150 00
1,090 00

$1 ,000 00
450 00

$2,000

$2,240 00

$1 ,450 00

291

PUBLIC DOCUMENT-No. 8.

1882.J

SOUTH SCIT UATE SAVINGS DANK - SOU T H SCITUATE.
In corporated April 2, 183!.
P EREZ

Nnwber of corporators, 58.

SrMM:oxs, President.

T1·easure1·,

E BENEZ ER

T. F ooo.

STATEMENT.

LIABILITI E S.

. .

D eposits
E a rnin gs nndi vided
Guaranty fuuu.

. .

A SS ETS.

I
$! 30,4fl0

3:j

l ,>-i':1-1 82

5,410 00

. . .

Bank stock .
Hea l es tate b y for eclosure .
L oa ns on real es tate
Loa ns on perso nal securi ty,
L oans to eounties , cities, or
t owns .
.
D eposit in banks on interest,
Cash on hanu.

.

. .

$437,715 17

Cash on D eposit in Banks, amount in each: Manufacturers' National Bank •
Commonwealth National Ba nk •
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$58,800
37,257
26~,201
33,675

00
00
73
00

28,005 00
14,830 22
1,950 22

-----$137,715 17

$9,075 99
5,754 23
$37,257
37,257
1,470
302

00
00
00
57

Whole amount of interest or profits received or earned
$20,123 52
Rate and amount of each semi-annual dividend for} 2 per cent . { 8,440 00
previous year •
•
•
•
.
.
•
. 2 per cent .
8,478 81
Times for the dividends fixed by the by-laws: last Saturday in August and F ebruary.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7½ per cent.
The total amount of loans, with each specified rate of interest:
$15,000, 4½- per cent; $9,975, 5 per cent; $151,655.84, 6 per cent;
$148, 2-10.89, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3, 000 each
• 341
Aggregat e amount of the same .
241,197 94
7,200 00
Amount of investments from which no income is received
Number of open accotmts .
1,161
33,011 87
Number and amount of deposits received for previous year
317
Number and amount of deposits of and exceeding $300 at any
one time for the previous year .
5,761 00
29
36, 217 06
405
Number and amount of withdrawals
94
Number of accounts opened the previous year.
Number of accounts closed tlle previous year .
71
1,166 00
Amount of expenses of the corporation during previous year
10,000 00
. Amount of treasurer's bond
Date of examination by commissioner: Oct. 13.

292

BANK COMi\IISSIONERS' REPORT.

[Jan.

BANK STOCK .

Par Value.

Atlantic at'l Bank, Boston .
Columbian Nat'l Bank, Boston
Eliot at'l Bank, Boston
Globe N at'l Bank, Boston
.
Hamilton .r at'l Bank, Boston.
Massachusetts Nat'l Bank, Boston .
New England Nat'l Bank, Boston
.
Second Nat' 1 Bank, Boston
Traders' .N at'l Bank Boston
.
Webster Nat'l Bank, Boston
·washington Nat'l Bank, Boston
.
Boston Nat'l Bank, Boston
City N at' l Bank, Boston •
.
Eagle N at'l Bank, Boston
.
J<'ourth Nat'l Bank, Boston
.
Howard Nat'l Bank, Boston .
Merchants' Nat'l Bank, Boston
.
North Nat'l Bank, Boston
Shawmut N at'l Bank, Boston .
Commerce N at'l Bank, Boston
Union Nat'l Bank, Boston
Merchandise N at'l Bank, Boston
Revere Nat'l Bank, Boston
H ingham Nat'l Bank, Hingham
Union Nat'l Bank, ·weymouth
Union Market N'l B'k, Watertown.

.

.
.

.
.
.
.

.

.

.

.
.
.
.
.
.

.

I

Estimated
1\Jarket Yalue.

Amount Invested.

•

$1,000
3,200
800
300
1,500
500
1,000
1,700
2,800
2,000
1,600
1,800
2,300
2,300
4.000
1,400
1,500
4,500
1,300
3,000
1,000
1,000
4,800
2,800
4,300
2,600

$1,530 00
4 544 00
92 00
333 uo
1,757 00
620 00
1,450 00
2,550 00
2,856 00
2,220 00
2,240 00
2 286 00
2,829 00
2 737 00
4,400 00
1,792 00
2,175 00
6,390 00
1,638 00
3,840 00
1,530 00
1,090 00
5,808 00
2,800 00
5,160 00
2,600 00

$55,000

$68,103 00

"1,300 00
4,000 00
00 00
300 00
1,500 00
500 00
1,000 00
1 900 00
2,800 00
2 000 00
1,600 00
2,016 00
2 300 00
2 300 00
4,000 00
1 400 00
1,500 00
4 500 00
1,300 00
4,000 00
1,133 00
1,000 00
4,800 00
3,556 00
4,300 00
2,995 00

----- $58,800 00

1882.]

293

PUBLIC DOCUMENT-No. 8.

SOUTH WEYMOUTH SAVINGS BANK - SOUTH WEYMOUTH.
Incorporated 1868. Number of corporators, 34.
Tl'easurer, A. E. Vu.ING,
JosrAH REED, President.
STATEMENT.

LI A BI LIT JES.

Deposits
.
.
E a rnings undivided
Guaranty fund. .

ASSETS.

$337,000 89
10,21 8 30
5,000 00

Public funds
Bank sto<:k .
.
.
Loans on bank stock .
Real estate by foreqlosnre .
Loans on r eal estate .
.
Loans on personal security,
L oans to counties, cities, or
tO\\'DS.

,

•

•

,

Deposit in bank on interest,
Expense account.
Cash on hand
$352,309 19

$10,000
143,306
7, 300
~2,475
120,259
40,991

00
12
00
00
00
51

6,000 00
1,229 27
314 50
433 79
$352,309 19

Loans on Bank Stock: On 73 shares First National Bank, South Weymouth

$7,300 00

Cash on Deposit in Bank: First National Bank, South Weymouth

$1,229 27
$22,475
18,450
1,217
251

00
00
50
88

• $20,753
Whole amount of interest or profits received or earned •
Rate a~d amount of each semi-annual dividend for } 2½ per cent . S 7,674
6,406
prev10us year .
.
•
.
.
.
.
2 per cent . )
Times for the dividends fixed by the by-laws: July and January.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7-½ per cent.
The total amount of loans, with each specified rate of interest:
$1,924, 4 per cent; $13,000, 5 per cent; $15,705, 5-½ per cent;
$125,521, 6 per cent; $15,400, 7 per cent; $3,000, 8 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 140
Aggregate amount of the same .
109,800
3,000
Amount of investments from which no income is received
911
Number of open accounts .
49,090
464
Number and amount of deposits received for previous year
Number and amount of deposits of and exceeding $300 at any
26,184
one time for the previous year
49
39,614
Number and amount of withdrawals
• 303
• 138
Number of accounts opened the previous year .
70
Number of accounts closed the previous year .
1,115
Amount of expenses of the corporation during previous year.
10,000
Amount of treasurer' s bond
Date of examination by commissioner: Oct. 5.

46

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

72
15

00
00
50
33
99

22
00

294

BANK COMMISSIONERS' REPORT.

[Jan.

Punuc Fuxns.
Estimated
Market Value.

Amount Invested.

$5,000
5,000

$5,4;50 00
5,200 00

$:"5,000 00
5,000 00

$10,000

$ 10 ,650 00

$10,000 00

Par Value.

City bonds: City of , Vorcester 4½s
of Fall River 4s

- ---- ------ -----B ANK STOCK.

Atlantic Nat'} Bank, Boston .
Boston Nat'l Bank, Boston
.
Columbian Kat'} Bank, Hoston
Continental Nat'l Hank, Boston
Commerce Nat' l Bank, Boston
Engle .Nat' l Bank, Boston
Eliot Nat'l Bank, Boston
Globe Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
I-I owa.rd N a.t'l Bank , Boston •
Market Nat'l Bank, Boston
.
Manufacturers' Nat'l Bank, Boston,
l\1erchants' Nat'l Bank, Boston
.
North America Nat'l Bank, Boston.
'Shawmut Nat' l Bank, Boston •
Second Nat' l Bank, Boston
Suffolk Nat'l Bauk, Boston
.
New Eng-land Nat'l Bank, Boston •
Revere Nat'l Bank, Boston
Redemption Nat'l Bauk, Boston
Republic Nat' l Bank, Boston
Shoe and Leather .Nat'! B'k, Boston,
Tremont Nat'l Hank, Doston
, vehster :Nnt'l Bank, Boston .
S. Weymouth N'l B'k, S. \Veym'th,

$ -1,000
7,500
3,!J00
3,000
5,000
1,500
!J,G00
4,000
3,000
7,000
2,000·
7,500
3,500
6,000
10 ,000
2,000
l ,S00
4,000
4,500
7,5U0
4,000
5,000
3,7U0
S,o00
4,UU0
$122,GOO

$6,120
D,GU0
5,557
3,540
6,400
1,7!):2
11,520
4,4U0
3,405
9,100
2, 1!)5
8 ,2:jO
5,1 10
(5 ,840
12,750
3,0:30
2 ,2:"j0
5,8::?0
5,4!)()
10, 1:25
5,2-J0
5,G::?5
4,51-l
9,::iSD
5,400

00
00
50
00
00
50
00
LIO
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$153,813 00

$5,540
8,:203
4,DD-1
3 :-3 :2
5 000
1, 'G-1
11,0S5
5,01-l
3,:1:"5:2
7,580
2,210
7,238
4,575
G,5o0
11,853
2 ,91:J
2,18-1
5 4:30
5 ,44:3
D,:)H
5,ll77
5,9:!5
4,UH
D,0-15
4,G31

25
99
62
75
00
00
88

~5
50
00
00
75
87
25

00
00
75
50
00
50
50
00
62
14
00

$143,306 12

1882.J

295

PUBLIC DOCUMENT - No. 8.

ERASTUS JoNES,

SPENCER SAVINGS BANK - SPENCER.
Incorporated 1871. Number of corporators, 26.
P1·esident.
Treasurer, WALTER L.

DEMOND.

STATEMENT.

L I ABILITIES,

A SSETS .

II
D eposit s
.
.
E arniu gs undivided
Guaranty fun d .

$297,184 40
5,574 53
2,850 00

$305,608 93

.

Public fun ds
Ba11k stock .
.
L oans on bank stock
Railroad. bonds .
.
L oans on real estate .
L oa ns on personal security,
L oans to counties, cities, or
t owns .
.
.
.
.
D eposit in bank on interest,
Expense acco unt
Premiums

$36,000
27,700
7,000
5,000
121,205
40,685

00
00
00
00
00
00

57,750
4,088
408
5,771

00
81
50
62

$305,608 93

Loans on B ank Stock: On 70 shares Spen cer National Bank

$7,000 00

Ca sh on D eposit in Bank:Spencer N ational Bank

$4,088 81

$14,215
Whole amount of interes t or profits received or earned
Rate and amount of each semi-annual dividend for } 2 per cent . 5 4,862
previous year .
.
.
.
•
•
•
• 2 per cent . I 5,181
Times for the dividends fixed by the by-laws: January and July.
The total amount of loan s, with each specified rate of interest:
$44,500, 4t per cent; $4,000, 5 per cent; $121,205, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
108
.Aggregate amount of t he same .
100,480
Number of· open accounts .
1,162
Number and amount of deposits received for previous year, 1,222
82,196
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
21,760
59
Number-and amount of w ithdrawals .
56,990
• 613
Number of accounts opened the previous year.
• 328
Number of acco·u nts closed the previous year •
. 170
.A.mount of expenses of the corporation during previous year
900
Amount of treasurer' s bond
20,000
Date of examination by commissioner : July 5.

82
15
08

00
52
00
21

00
00

296

BANK COl\1J\1ISSIONERS' REPORT.
Punuc

FUNDS.

Estima ted
1\larket Value.

Amount Invested.

$12,000

$13,920 00

$12,000 00

$10,000
5,000
3,000
3,000
2,000
1,000

$11,650
5,150
3,030
3,570
2,100
1,130

$36,000

$-10,550 00

Par Value.

.

.

City and town bonds : City of Lynn 5s, 1005
of New Bedford 4s, 1890.
of Belfast, l\le., 6s, 1885 .
of Bangor, Me., 7s, 18!)9 .
of Springfield, 7s, 1884 .
Town of Northampton 6s, 1892

.
.
.

United States 4s

.

.

.

.

.

[Jan.

00
00
00
00
00
00

$10 000
5,000
3 000
3,000
2,000
1,000

00
00
00
00
00
00

$36,000 00

I

BANK STOCK,

..

.
State Nat'l Bank, Boston
North Nat'l Bank, Boston
Commonwealth Nat'l Bank, Boston,
Redemption N at'l Bank, Boston
Hide and Leather Nat'l B 'k, Boston,
Webster Nat'l Bank, Boston
First Nat'l Bank, ·worcester
Mechanics' Nat' l Bank, vVorcester .
Central Nat'l Bank, Worcester
First N at'l Bank, Webster
Spencer N at' l Bank, Spencer .
.
Leicester Nat'l Bank, Leicester

.

.

.

$1,500
2,000
5,600
600
300
1,100
1,200
2,500
500
2,500
8,500
1,400
$27,700

$1,882
2,842
6,722
710
347
1,226
1,680
2,925
800
2,750
9,350
1,580

50
50
80
87
50
50
00
00
00
00
00
00

$1,500
2 000
5,600
600
300
1,100
1,200
2,500
500
2,500
8,500
1,400

00
00
00
00
00
00
00
00
00
00
00
00

$32,817 67

$27,700 00

$5,500 00

$5,000 00

RAILROAD BONDS.

Eastern .

$5,000

.

PUBLIC DOCUMENT-No. 8.

1882.J

297

SPR INGFIELD FIVE CENTS SAVINGS BANK - PRINGFIELD.
I ncorporated 185-1.
umber of corporators, 32.
Treasure,·, DANIEL J. MARSH.
JOSEPH C. PYNCHON, President.
STATEMEN T.

LI ABILITIES,

ASSETS.

I
Deposits
E arnin gs undivid ed
Guaranty fund .

$1,477 ,~52 64
4,446 17
16,000 00

..

P nblic fund
.
Bank stock
Loaus on bank stock
Rea l estate
Real estate by foreclosure .
L oans on real estate
Loans on personal security,
Deposit in banks on interest,
P erso nal property
Prernium account
Profit and loss .
Cash on hand

$208,500
90,200
7,810
]39,721
115,975
664,850
218,750
25,215
6,000
4,732
13,698
2,345

.

-----

00
00
00
94
00
00
00
43
00
50
57
37

. -----

$ 1,497,798 8 1

$ 1,497,798 81

Loans on Bank Stock, amount on each: On 20 shares City of Springfield National Bank and 10 shares Chapin National B ank, Springfield
On 34 shares First National Bank, Springfield .
On 25 shares City of Spring fi eld National Bank
On 20 shares City of Holyoke National Bank .

$3,000
2,200
2,500
110

00
00
00
00

Cash on Deposit in Banks, amount in each: Agawam National Bank, Springfield
Second National Bank, Springfield •
City National Bank, Springfield .
Pynchon National Bank, Springfield .

$5,039
8,000
5,500
6,675

58
00
00
85

• $139,721
139,721
115, 975
98,050
9,063
2,319

94
94
00
00
82
37

Whole amount of interest or profits received or earned
• $66,158
Rate a~1d amount of each semi-annual dividend for } 2 per cent
. 5 25,828
prev10us year •
.
•
.
.
.
.
2 per cent
. l 26,816
Times for the dividends fixed by the by-laws: Ja.n. 15 and July 15.
Average annual per cent of divid ends for the term ending at time
of and including last extra dividend: 7 per cent.
The total amount of loans, with each specified rate of interest:
$236,560, 5 per cent; $654,850, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
• 166
Aggregate. amount of the same •
• 233,810
38

51
83
61

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real est.ate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

•

00

298

BANK COMMISSIONERS' REPORT .

[Jan.

.

$15,900 00

A.mount of investments from which no income is received
Number of open accounts .
5,827
Number and amount of deposits received for previous year, 5,863
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 306
Number and amount of withdrawals
3 835
Number of accounts opened the previous year.
1,293
Number of accounts closed the previous year •
. 8G2
.
A.mount of expenses of the corporation during previous year.
A.mount of treasurer's bond
Date of examination by commissioner: Oct. 16.

436,484 72
176 015 73
316 295 59

.

4,819 85
30,000 00

PUBLIC FUNDS,

Par Value,

United States 6s, 1881, registered
continued
"
" 4s,
4s,
registered
"
"
4½s,
continued
"
"

.

City bonds: City of Springfield water bonds

Estima ted
Ma rket -Value.

$150,000 $151,500 00
58,232 00
50,200
700
812 00
600
678 00
$7,000

Amount Invested

$150,000
50,200
700
600

00
00
00
00

$8,050 00

$7,000 00

$208,500 $219,272 00

$208,500 00

BANK STOCK.

Agawam N at'l Bank, Sprin gfield
Chapin Nat' l Bank, Springfield
J ohn Hancock Nat'l B'k, Springfi'd,
Pynchon N at'l Bank, Springfield
City Nat'l Bank, Springfield .
Second Nat 'l Bank, Springfield
Chicopee N at'l Bank, Springfield
City Nat'l Bank, Worcester
·w are Nat' l Bank, W are .
Mon on Nat'! Bank, Monson .
H adley F alls Nat'l Bank, Holyoke
Shoe and Leather Nat '! B'k, Boston,
Hide and Leather Nat'! B 'k, Boston,
State Nat '! Bank, Boston
F irst Nat ' l Bank, Chicopee

$12,000
12,000
11,500
10,900
5,000
4,800
7,000
5,600
5,500
1,000
1,500
2,500
3,500
3,600
3,800

$15,000
15,000
13,800
17,500
6,000
7,920
10,500
6,440
6,050
1,500
2,250
2, 875
3,875
4,37...
5,700

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$90,200 $118,782 00

$12,000
12,000
11,500
10,900
5,000
4,800
7,000
5,600
5 500
1,000
1,500
2, 500
3,500
3,600
3,800

00
00
00
00
00
00
00
00
00
00
90
00
00
00
00

-----$90,200 00

1882.J

J

PUBLIC DOCUlVIENT - No. 8.

299

SPRINGFIELD I~STITUTIO:N" FOR SAVING - SPRINGFIELD.
Incoq orateL11 '27. Number of corporators, 67.
Treasure1·, HENRY S . LEE,
AMES ·M. T HOMPSON, P1·esiclent.
STATEMENT .

L IABILIT IES,

ASSETS •

D eposits
.
.
. \$1,srn,rn4 11
E arning:-\ nn cli vided .
(i! l,4-!~ 0-t
Guaran ty fond
~o,voo oo

$7.507,576 21

P ublic funds

.

.

· on public fon ds
I Loan
Ba uk stot.:k .
.
.

Loa ns on bank stock .
Hail road bollLlS .
.
Loans on railroad stocks
Real estate .
.
.
.
Rea l est.ate by for eclos ure .
.
L oans o n rea l estate .
L oa11 s ou pe rso na l securi t.y ,
L oa ns to co un ties , cit ies, or
to wns .
.
.
.
.
Deposit in ban ks on interest,
P remi11m account
Cash on ban<.l

I

Loans on Pnhlic Funds, am ount on each: On $ 11 ,100 Ullited S tates 4s, 1907
On $ 15,300 United States 4¼s, 189 1
On $3,000 City of P ortsm outh , N.H., 6s •

$2,67!),300
21,150
708,liOO
98, 150
363,000
29,-!00
10-1-,500
7H, 750
2,22!1,750
3:35,130

00
00
00
00
00
00
00
00
00
55

360,500 00
3:!9, o:w 63
t16 ,fl05 G7

I $7,5:::::: :
$7,850 00
10,300 00
3,000 00

L oans on B ank Stock , amonnt on each : On 31 8 sh ares Firs t Na ti onal B ank, Springfi eld
On 71 sh a res Second Na tiona l Bank, Springfield
On 50 sh a res Third Nation a l Bank, S pringfield
On 49 sha res Agawam Nation al Bank, Spring fi eld •
On 10 sh a res Ch apin Nation al Bank, Spring fi eld
On 16-! sliares Chi copee Nation al Bank, Sprii'1 gfi eld
On 17 5 sh ares City Nation a l Bank, Springfi eld
On 61 sh ares J ohn H an cock National Bank, Springfield
On 16 shares P ynch on N atio11 al Bank, Sprin gfi eld .
On 30 sh ares H olyo ke National Ba nk, H olyoke
On S sh ares H adl ey F alls Nation al Bank, H olyok e
On 20 slJ.ares Northampton Nation al Ba uk, North ampton
On 10 shares Hampshire Coun ty Na tional Bank, N orthampton
On 10 shares First National Ba nk, Amherst .
On 10 shares Franklin County National Ba nk, Greenfield
On 28 sb;ues First N ational Bank, W estfield .
On 25 shares L ee National Ba nk, L ee
On 20 shares National Bank of Redemption, Boston

$24,500 00
. 7,100 00
5,000 00
5,500 00
l ,000 00
17,300 00
17,550 00
4,600 00
1,550 00
3,000 00
800 00
800 00
1,000 00
900 00
1,000 00
2,800 00
1,750 00
2,000 00

Cash on Deposit in Banks, amount in each:Agawam National Bank, Sprin gfield.
City National Bank, Springfield.
Chicopee National Bank, Springfield .

$40,000 00
90,000 00
27,000 00

300

BANK COMMISSIONERS' REPORT.

John Hancock National Bank, Springfield
Second National Bank, Springfield
Palm er National Bank, Palmer .
First National Bank, Northampton
Hampshire County National Bank, Northampton
Frankl in County National Bank, Greenfield
Wachusett National Bank, Fitchburg
Blackstone National Bank, Boston
Maverick National Bank, Boston

[Jan.
$25,000
5 000
5 000
50,000
20,000
55,000
10 000
554
1 483

00
00
00
00
00
00
00
00
63

• $104 500 00

Amount invested in real estate (for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

104,500
79 750
70,100
1,885
1,866

00
00
00
50
25

$382 995
Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for} 2 per cent .· j 130,768
previous year .
.
•
.
.
.
.
2 per cent
1 135,828
Times for the dividends fixed by the by-laws: Jan. 1 and July 1.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7 per cent.
The total amount of loans, with each specified rate of interest:
$2,000, 3¾ per cent; $98,500, 4 per cent; $10,000, 4¼ per cent;
$65,000, 4½ per cent; $445,880.55, 5 per cent; $2,257,700, 6 per
cent; $25,000, 6½ per cent; $170,000, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
671
Aggregate amount of the same •
• 838,300
Amount of investments from which no income is received
34,450
Number of open accounts .
18 540
Number and amount of deposits received for previous year, 18,229 1,710 986
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
l 450 956,017
Number and amount of withdrawals
12 042 1 35 977
Number of accounts opened the previous year.
3,578
2 27
Number of accounts closed th e previous year .
Amount of expenses of the corporation during previous year.
12,776
30,000
Amount of treasurer's bond
Date of examination by commissioner:
pt. 27.

86
17
99

00
00
96
58
93

24
00

PUBLIC FUNDS.

Par Value.

United
iate,
tate of
of
of

tates bonds

ity, anci town bonds: Maine
N w Hamp hire
Ma sachu tts

E timated

1\Jarket, alue.

mount Invested.

$1,225,800 $1,335,799 00 :$1,306,300 00
$132,720 00
1 5," 0 00
10-,030 00

$12 ,500 00
172,500 00
94,000 00

1882.J

301

PUBLIC DO UME T - No. 8.
Punuc

FUNDS -

Concluded.

Pa r Value.

.
.

.
. .

State of Rhode Island
.
of C necticut
City of Bangor, :Me., 7s .
of Bangor, :Me ., 6s .
of Charlestown 6s
of Boston 6s .
of Cambridge 6s
.
of Chelsea 6s .
of Fitchburg 6s
of Holvoke 6s .
of Holyoke 7s .
of Lawrence 6s
of Lowell 6s
.
of Lynn 6s
of New Bedford 6s •
of New Bedford 7s .
of Newburyport 6s •
of Newton 6s •
.
of Newton 5s
of Springfield 6s
of Springfield 7s
of Taunton 6s .
.
of vV orcester 6s
of Somerville 5s
.
of Providence, R.I., 5s
of Providence, R.I., 6s
of Hartford, Conn., 6s
of Meriden, Conn., 6s
of Middletown, Conn., 6s
of New Haven, Conn., 5s
of New Haven, Conn., 6s
of New Haven, Conn., 7s
of Norwich, Conn., 5s
.
of Norwich, Conn., 7s
.
of Waterbury, Conn., 7s
Town of Pittsfield 4fs
of Brookline 5s
of Brookline 6s
of Brookline 7 s
of Greenfield 5s

.
.
.

.
.
.
..
.
.
.
.
.
.
.
.

.

.. ...
. .
.
.

.
.
.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

.

.
.
.
.
.

.

.

..
.

.
.
.
.

.
.
.
.

.
.
.

.

.
.
.

.

.
.
.

.

.

.
.
.
.
.
.

$5,000
17,000
5,000
5,000
5,000
20,000
45,000
25,000
10,000
31,000
50,000
10,000
10,1)00
20,000
6,000
50,000
5,000
35,000
5,000
43,000
167,000
20,000
35,000
10,000
10,000
40,000
86,000
5,000
7,000
11,000
5,000
22,000
5,000
20,000
14,000
30,000
15,000
5,000
10,000
50,000

Estimated
l\Ia rket Value.

$5,300
18,080
5,800
6,000
5,900
24,000
51,750
28,750
11,400
37,20,0
60,000
12,000
11,700
23,400
7,200
65,000
5,350
42,000
5,600
46,440
212,090
23,400
42,000
10,500
11,600
50.000
95;460
5,600
7,1DO
11,550
5,600
28,600
5,250
25,000
16,240
31,200
16,200
5,700
13,000
52,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

Amoun t Inves ted.

$5,000
17,000
5,000
5,000
5,000
20,000
45,000
25,000
10,000
31,000
50,000
10,000
10,000
20,000
6,000
55,000
5,000
35,000
5,000
43,000
167,000
20,000
35,000
10,000
10,000
44,000
86,000
5,000
7,000
11,000
5,000
22,000
5,000
20,000
14,000
30,000
15,000
5,000
10,000
50,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0()

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$2,563,300 $2,897,479 00 $2,679,300 00

BANK STOCK.

First Nat'l Bank, Springfield .
Second N at'l Bank, Springfield
Third Nat'l Bank, Springfield.
Agawam Nat'l Bank, Springfield
Chapin Nat'l Bank, Springfield
Chicopee Nat'l Bank, Springfield

.

$43,600
30,800
34,700
23,000
15,000
48,500

$65,400
53,900
62,460
29,900
18,000
72,750

00
00
00
00
00
00

$53,300
38,000
49,700
23,000
15,000
58,300

00
00
00
00
00
00

302

BANK COMMISSI O ERS' REP ORT.

[Jan.

BANK STOCK - Concluded.
Par Value.

City Nat' l Ban k , Springfield .
J ohn Hancock Nat'l B'k, Springfi'd,
Pynchon Nat'l Bank, Springfield .
Franklin Co. Nat'l B'k, Greenfield .
First N at'l Bank, Adams
First N at'l Bank, Chicopee
First Nat'l Bank, Easthampton
, vachusett Nat' l Ban k , Fitch l>urg
Hadley Falls Nat 'l Bank, Holyoke
H olyoke N at'l Bank , H olyoke .
F irst Nat'l Bank , L eominste r .
Monson Nat 'l Bank, Monson •
First Nat' l Bank , Northampton
H ampshire Co. N'l B'k, No rtham'n,
Northampton N'l B'k, Northam'n
Palmer Nat'l Ban k , Palmer
Ware Nat' l Bank , ,,rare.
Hampden N at'l Bank, Westfield
Phre nix Nat'l B' k , H artfo rd , Conn.
Exchange N'l B ' k , Hartford, Conn .
First N at 'l Ban k , Boston
Second Nat ' l Bank , Boston
.
Atlantic Nat' l Bank , Boston .
At las Nat' l Dank , Boston
Blackstone N at'l Bank , Boston
Columbian Nat'l Bank, Boston
E liot Nat'l Bank , Boston
Freeman's Nat' l Bank, Boston
Hamilton N at'l Bank, Boston .
Howard Nat'l Bank, Boston
Merchants' Nat' l Bank, Boston
Mount Vernon Nat'l Bank, Boston .
Commerce Nat' l Bank , Boston
.
Commonwealth Nat'l Bank, Boston,
North America Nat' l Bank, Boston,
Redemption ~at'l Bank, Boston
City Nat'l Bank, Boston.
Eagle Nat'l Bank, Boston
.
Exchange at'l Bank, Boston .
.
Hide and Leather Nat'l B'k, Boston,
Reve1:e Nat'l Bank, Boston
Union Nat'l Bank, Boston
North Nat'l Bank, Bo ton
Old Bo ton Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston .
State at'l Bank, Bo ton
Suffolk Nat'l Bank. Bo. ton
Tremont at'l Bank, Bo ton
Washington Nat'l Bank, Bo t n
Web ter at'l Bank, Bo ton

$ 17,000
15,700
30,000
4,600
1,700
21,000
1,500
5,000
3,400
3,000
10,000
3,900
2,000
3,000
4,500
5,000
2 500
2,500
1,300
500
5,000
20,000
10,000
15,000
15,000
10,000
3,000
20,000
15,000
13,300
15,000
2,500
3.700
2,000
17,500
25,000
15,000
5,000
2, 00
3,400
15,000
4 :j00
20 000
7,000
10 000
7,500
1
-,000

1 ,00
3,00
7,500

Estimated
Mark P.t Vaine.

$22,100
1 ,055
51,000
8,188
2 499
32,550
1,875
10,000
5,100
3,450
11,000
5,655
2,500
3,450
8,100
6,000
3,000
3,750
2,184
760
10,400
30,200
15,300
18,750
17,250
14,300
3,600
24,000
18,600
17,~90
22,050
3 175
4 736
2,4 0
20, 125
33,750
19 050
6,000
2, 0
4,012
1 ,300
G,579
- 400
_r-: ,10
L,700
9,37"
6,0"0
1 ,30
4,-00
400

$G·l ",400 $912,41

IAmount Inve led.

0
00
00

$17,000
15,700
43,500
4,600
1,700
25,000
1,500
5,000
3,400
3,000
10,000
3,900
2,000
3 000
4,500
5,000
2,500
2,500
1,300
500
5,000
20,000
10,000
15,000
15.000
10,000
3,000
20,000
15,000
13 300
15,000
2 500
3,700
2,000
17 500
25,000
15,000
5,000
2,000
3,400
15 000
4,300
24,000
7 000
10,000
7,500
5,000
l ",0 0
· ,000
7,500

00

$70 ,600 00

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
OU

0
0

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0
00
00
00
00
00
00
00
00
00

1882.]

PUBLIC DOCUMENT-No. 8.

303

R A ILRO A D BON D S ,

P a r Value.

Boston and Albany 6s
Boston and Albany 7s
Boston and Maine 7s
Connecticut River

.

.
.

.

.

F.sthnated
Marke t Value.

Amount Invested.

$140,000 $161,000 00
60 ,000
76,200 00
25,000
31,750 00
130,000 130,000 00

$140,000
63,000
30,000
130,000

00
00
00
00

$355,000 $398,950 00

$363,000 00

304

MASON

[Jan.

BANK COMMISSIONERS' REPORT.
STOCKBRIDGE SAVINGS BANK - STOCKBRIDGE.
Incorporated 1871. Number of corporators, 17.
VAN DEUSEN, P 1·esident .
T1·easurer, C. H.

WILLIS.

STATEMENT.

LLU!ILITIES .

Deposits
.
.
E arnings undivided
Guaranr.y fund
Preu1ium

ASSETS.

$ 104,381 75
77<-i 83
705 59
62 13

Public funds
.
Loans on public funds
Bauk stock .
.
.
.
Real estate by fore closure .
Loans on r eal estate .
.
Loans ou personal security,
Deposit in bank
CaslJ on band

$ 1,820
200
8,332
2,1545
72,296
Y,552
4,302
G,778

00
00
50
00
13
00
50
17

$ 105,926 30

$105,926 30

Loans on Public Funds: On $200 United States 6s •

$200 00

Cash on Deposit in Bank: Housatonic National Bank

$4,302 50

A.mount of real estate held by foreclosure
Assessed va lue of the same
A.mount of income received from the same
A.mount of municipal tax on r eal estate •

$2,645
1,350
212
14

Whole amount of interest or profits received or earned •
Rate and amount of each semi-annual dividend for t 2½ per cent : {
previous year .
.
.
.
.
.
.
I 2½ p er cent
Times for the dividends fi xed by the by-laws : fir t Thursday in
April and October.
A. verage annual per cent of dividends for the term nding at time
of and including last extra dividend: 5 per c nt.
Tlle total amount of loans, with each specified rate of intere t:
·37,5 7.13, 6 per cent ; $13, 42, 7 per cent; $~0 G19, 7 / 0 per cent.
Numb •r of outstanding loans which are of an amount not
x eding $3, 000 each
142
A.ggr gat amount of the same .
Numb r of open accounts .
3B4
Numb rand amount of d po it r c iv d f
371
Numb r and amount of d I o it of and x
on tim for th previou y ar
64
N nmh r and amount f withclrawaL .
156
Nt1mb r f a otmL op n ed Lh p r Yi u y<'a r .
130
Numl r f
1
d Lh pr vi n y ar .
47
Am unt of
of th
ar .
Am unt of r
Dat f xa.mination by ommi i n r: U "'. 2.

$5 2 1 44
1 47i 15
1,906 97

A

62 04

00
00
50
45

13

65,967 73

66 3
15,000 00

PUBLIC DOCUMENT-No. 8.

1882.J

305

PUBLIC FUNDS.

Town bonds : Town of Adams

. .

. .

Par Value.

Estimated
Market Value.

Amount Invested.

$2,000

$2,360 00

$1,820 00

$2,500
3,500

$3,625 00
5,362 50

$2,970 00
5,362 50

,6,000

$8,987 50

$8,332 50

BANK STOCK.

First Nat'l Bank, Adams
First Nat'l Bank, Woburn

39

306

BANK COMlVIISSIONERS' REP ORT.

[Jan.

STONEH AM FIVE CENTS SAVI NGS BANK - STONEHAM.
Incorporated 1855. Number of cor porators, 47.
LYMAN Dnrn, P1·esident.
Treasurer, ONSLOW GILMORE,
STATEMENT.

LIABILITIES .

D eposits
.
.
E arnings undivided
G ua ran ty fuud •

ASSETS.

$330,9~7 08
9,760 34
5,611 85

Puhlic funds
Railroad bonds
Real est.ate by foreclosure .
Loans on real estate
Loans on personal security,
L oans to counties, cities, or
towns.
.
Deposit in bank on interest,
Expense account.
.
Cash on hand

.

$346,369 27

$95,000
10,000
20,598
132,564
3,100

00
00
00
73
00

72,000
10,781
1,768
556

00
39
53
62

----$346,369 27

Cash on D eposit in Bank: Blackstone National Bank, Boston

.10 781 39

Am ount of real estate h eld by foreclosure
A ssessed value of the same
Amount of income received from the same
A moun t of m u nicipal tax on real estate .

$20,598
28,150
800
434

Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for} 2¼ per cent . {
pr evious year .
.
.
.
.
.
.
2 per cent
Times for the dividends fixed by the by-laws: May and November.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4tr per cent.
The total amount of loans, with each specified rate of interest:
$105,000, 4 per cent; $10,000, 4½ per cent; $32,000, 5 per cent;
$50,700, 6 per cent; $5,000, 6½ per cent; $109,964.73, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding. '3,000 each
130
Aggregate amount of the same .
Amount of investment from which no income is received
Number of open accotmt
1,4 7
Number and amount of de1 o its receiv d for pr viou
a1•, 1 695
Numb rand amount of d po it of and exc ding 300 at any
one time for th pr viou y ar
90
Numb rand amount of withclra, al .
941
Numb r of a c unts op n d th pr vi u y ar .
332
Numb r of a ount lo tl th previou y ,tr .
220
Amount of xp n s of th corr oration durino- pr viou y ar.
Amount of tr a ur r' bond
Date of xamination hy mmi ion r: fay 9.

00
00
00
15

16,392 02
5,888 27
5,598 37

10 ,264 73
525 00
119, 57 75

50,3~0 00
,326 51

1 120 00
15,000 00

1882.]

PUBLIC DOCUMENT-No. 8.

307

Puouc F uNns.

I
City bonds:City of Somerville 6}s
of Haverhill 6s
of Boston 4s
of New Bedford 4s •
Town of Arlin gton 6s
.
of Sheldon, Vt., 4½s

.

.

.

.

.

.
.
.

.
.
.
.
.

rar Value.

$5,000
5,000
45,000
20,000
10,000
10,000

Estlmatecl
Market Value.

$5,500
5,650
46 ,800
20,500
11,300
10,400

00
00
00
00
00
00

Amount Invested.

$5,100
5,500
45,000
20,500
11,000
10,400

00
00
00
00
00
00

----- -----

$95,000 ,$ 100,150 00

$97,500 00

RAILROAD BONDS.

Boston, Clinton, and Fitchburg

$10,000

$11,700 00

$11,487 00

308

[Jan.

BANK COMMISSIONERS' REPORT.

SUFFOLK SAVINGS BANK FOR SEAMEN AND OTHERS - BOSTON.
Incorporated 1833. Number of corporators, 168.
THOMAS LAMB, President.
Treasurer, CHARLES HENRY PARK.ER,
STATEMENT.

LIABILITIES.

Deposits
.. .
Earnings undivided
Guaranty fund .
Note payable
Rents .
.
.
Premium account

ASSETS.

25
46
41
00
53
67

$1,042,000 00
Public funds
.
260,000 00
Loans on public funds
658.345 24
Bank stock .
.
.
2;000 00
Loans on bank stock .
625,968 00
Railroad bonds .
180,000 00
Real estate .
.
.
.
121,434 21
Real estate by foreclosure .
4,657,262 25
Loans on real estate .
.
6,583,250 00
Loans on personal security,·
Loans to counties, cities, or
90,000 00
towns.
.
.
.
.
953,867 74
Deposit in banks on interest,
Deposit in banks without
27,215 64
interest
.
.
2,086 83
Expense account .
91,471 41
Cash on hand

$ 15,294,901 32

$15,294,901 32

$15,009,648
73,816
157,825
30,000
4,409
19,201

Loans on Public Funds, amount on each: On $17,000 United States 4s
On $31,000 United States 4½s
On $142,000 United States 3½s •
On $50,000 certificates of deposit, temporary •
On $20,000 City of Boston 6s

·l

' ~ $240,000 00
• I

•J
20,000 00

Loans on Bank Stock: On 25 shares Mechanics' National Bank, Boston

$2,000 00

Cash on Deposit in Banks, amount in each: Revere National Bank
Shawmut National Bank •
Exchange National Bank .
First National Bank, Newburyport
Wachusett National Bank, Fitchburg
Market National Bank,
Columbian National Bank .
New England National Bank

$125 79
109 060
33 ,928
40 000
50 000
• 100,000
• 10;,; 195
• 112,020

06
64:
04
00
00
00
1
33

Amount invested in r al stat (for bankino- purp
Estimat d value of th
Amount of r al estat
by fore lo ure
Asse ed val u of the
e
Amount of in ·om r
Amount of muni ·ipal tax on r al

$1 0 000
1 000
121 431
• 145 4 0
6,764
5,421

00
00
21
00
21
01

Whol am unt of int r

t r pr fit r

iv d or a.rn d

•
•

•

, 670 446 90

• Tbls bank bas b eeo notified tbnl tb ee loan s have xc ed d th l g&l licnlt.

1882.J

PUBLIC DOCUMENT-No. 8.

309

Rate a~d amount of each s mi-annual divid nd for } 2 per cent • { $264,432
prev10us y ar .
.
.
.
.
.
.
. lt per cent . 206,793
Times for the dividends fixed by the by-laws: second Wednesday in
April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5Th per cent.
The total amount of loans, with each specified rate of interest:
$240,000, 2½ per cent; $340,000, 3 per cent; $1,385,000, 3½ per
cent; $200,000, 3¾ per cent; $1,923,800, 4 per cent ; $1,955,962.25,
4t per cent; $30,000, 4¾ per cent; $2,387,700, 5 per cent; $668,500,
5½ per cent; $2,086,600, 6 p'er cent; $64,500, 6½' per cent; $310,450,
7 per cent.
Number of outstanding loans which are of an amount not
75
exceeding $3,000 each
177,500
Aggregate amount of the same .
22,197
Amount of investments from which no income is received.
Number of open accounts .
35,924
Number and amount of deposits received for previous year, 36,716 3,737,274
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
3,309 1,836,741
24,074 2,778,741
Number and amount of withdrawals.
7,513
Number of accounts opened the previous year •
Number of accounts closed the previous year •
4,055
Amount of expenses of the corporation during previous year .
25,874
20,000
Amount of treasurer's bond
Date of examination by commissioner: Nov. 25.

52
68

00
50
24

00
11

86
00

PUBLIC FUNDS,

Estimated
Market Value.

Amount Invested,

$500,000 $580,625 00
300,000 339,000 00
200,000 204,000 00

500,000 00
300,000 00
200,000 00

Par Value.

.
.

.

.
.
United States 4s
"
" 4½s .
"
" 5s, extended 3½s

.

City bonds: City of Worcester 6s
of New Bedford 6s .
of Manchester, N.H., 5s •

.

. .
. .
.

$20,000
10,000
12,000

$21,650 00
12,400 00
12,270 00

$20,000 00
10,000 00
12,000 00

$1,042,000 $1,169,945 00 $1,042,000 00

BANK STOCK.

Atlantic Nat'l Bank, Boston •
Atlas Nat'l Bank, Boston
.
Bay State Nat'l Bank, Lawrence
Boylston Nat'l Bank, Boston .
City Nat'l Bank, Boston .
•
Columbian Nat'l Bank, Boston
Commerce N at'l Bank, Boston

$8,500
65,400
13,125
3,000
21,100
49,200
16,900

$13,04-7
81,750
21,175
3,840
26,797
70,110
21,758

50
00
00
00
00
00
75

$12,601
66,112
13,125
3,375
22,199
49,200
17,289

25
50
00
00
87
00
50

310

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK - Concluded.

Par Value.

.
Continental N at'l Bank, Boston
.
Eagle Nat'l Bank, Boston
Freeman's N at'l Bank, Boston
Hamilton Nat'l Bank, Boston.
Hide and Leather Nat'l B'k, Boston,
Howard Nat' l Bank, Boston .
:Market Nat'l Bank, Boston
Merchants' Nat'l Bank, Boston
Massachusetts Nat'l Bank, Boston
New England Nat'l Bank, Boston
Railroad Nat'l Bank, Lowell
.
Redemption Nat'l Bank, Boston
Republic Nat'l Bank, Boston .
Revere Nat'l Bank, Boston
Shawmut N at 'l Bank, Boston .
Shoe and Leather Nat'l B 'k, Boston,
State ~at'l Bank, Boston
Suffolk Nat'l Brrnk, Boston .
.
Tremont Nat'l Bank, Boston .
Union Nat'l Bank, Boston
,vashington Nat'l Bank, Boston
Webster Nat'l Bank, Boston •

.

.
.
.
.

.

.

.
.
.
.
.

$13,800
46,100
4,800
15,000
21,100
15,000
15,000
65,800
5,000
1,100
5,000
15,000
10,000
40,000
24,400
11,100
13,300
13,G00
18,700
10,000
15,000
61,700

Estimated
Amount Invested.
Market Value,

$16,370
55,204
5,748
16,950
24,~81
19,518
16,462
96,227
6,200
1,600
6,137
20,268
13,100
48,800
31,110
12,487
16,691
161575
22,814
15,350
21,000
68,795

25
75
00
00
50
75
50
50
00
50
50
75
00
00
00
50
50
00
00
00
00
50

$617,725 $790,471 75

$15,750
47,525
5,698
15.000
24 064
17,650
15,000
71,143
5,000
1,100
5,000
19,962
12,750
41,893
26,721
11 ,221
1:.:1,648
16,348
20,481
10.000
15,000
63,484

00
00
87
00
25
00
00
50
00
00
00
50
00
75
25
00
00
75
00
00
00
25

$658,345 24

RAILROAD BONDS.

Old Colony 6s .
Fitchburg 5s

.

.

.

.

.

.
.

..

$200,000 $235,000 00
384,000 409,440 00

.$200,000 00
425,968 00

$584,000 $644:,440 00

$625,968 00

1882.J

JOHN

PUBLIC DOCUMENT-No. 8.

311

TAUNTON SAVIN S BANK - TAUNTON.
Iucorporated 1869. Number of corporators, 112.
E. SANFORD, President.
T1·easurer, Hn:NRY R. Woon.
TATF.MF.NT.

LIABILITIES.

ASSETS .

Deposit~
.
.
$1,173,358 52
Earning.-; undivided
60,553 33
Guara.uty fund .
16,899 59
Suspense account
5,353 55
.
3,685 00
Manufacturing stock,*

Public fund;;
.
.
Loans on public funus
Bank stock
.
.
Loans on uan k stock .
Loans on railroad stock
Real estate by foreclosure
.
Loans on real estate .
Loans on personal seeurity,
Deposit in ban ks on interest,
Expense account.
Furniture account
•
Loans on bank books .
Cash on hand

$1,259,849 99

$240,013
500
100,208
100
150
42,561
533,659
334,354
666
1,225
3,173
500
2,736

74
00
12
00
00
86
47
96
12
09
89
00
74

$1,259,849 99

Loans on Public Funds : On $500 United States 4s, registered bonds

$500 00

Loans on Bank Stock: On 1 share Taunton National Bank, Taunton •

$100 00

Loans on Railroad Stock: On 2 shares Boston and Providence Railroad

$150 00

Cash on Deposit in Banks, amount in each: Taunton National Bank, Taunton
Maverick National Bank, Boston

$717 74
666 12

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

$42,561
31,410
2,136
426

Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for } 2 per cent
•{
previous year •
.
•
•
.
.
.
2 per cent
•
Times for the dividends fixed by the by-laws: January and July.
The total amount of loans, with each specified rate of interest:
$25,000, 4 per cent; $50,000, 4¼ per cent; $110,000, 4½ per cent;
$137,500, 5 per cent; $10,000, 5¼ per cent; $27,100, 5½ per cent;
$451,119.43, 6 per cent; $27,270, 6½ per cent; $18,450, 7 per cent;
$8,835, 7t per cent; $3,900, 8 per cent;
Number of outstanding loans which are of an amount not
exceeding $3,000 each
235
Aggregate amount of the same •
Number of open accounts .
3,390
Number and amount of deposits received for previous year, 1,228

$67,503 39
23,012 95
22,502 07

86
00
50
76

246,834 47
171,583 88

* This is a liability on account of stock of the Sagamore and Border City Mills, Fall River,
taken to secure personal indebtedness.

312

BANK COMMISSIONERS' REPORT.

Number and amount of deposits of and exceeding 300 at any
one time for the previous year
176
Nnmber and amount of withdrawals
1,936
Number of accounts opened the previous year.
• 394
Number of accounts closed the previous year ·.
428
.Amount of expenses of the corporation during previous year
.Amount of treasurer's bond
Date of examination by commissioner: June 20.

[Jan.
10 38 23
219,380 47

3,835 17
30,000 00

PUBLIC FUNDS.
Par Value.

United States 4½s •
"
"
6s, currency

$173,000 $195,490 00.
15,000
19,500 00

State and city bonds: State of Ma,ine 6s
of New Hampshire 6s
of Massachusetts 5s
City of Taunton 5s .
of Taunton 5s .
of Taunton 6s •
of Taunton 6s .
of New Bedford 4s •

.

Estimated
Market Value.

.

$1,000
1,000
3,000
19,900
4,500
2,000
500
10,000

$1,135
1,200
3,383
22,487
4,860
2,440
500
10,350

A.mount Invested.

$177,544 49
18,006 25

00
00
10
00
00
00
00
00

$1,135
1,165
3,330
21,003
4,680
2,290
510
10,350

00
00
00
00
00
00
00
00

$229,900 $261,345 10

I $240,013

74

$27,200
12,311
2,211
6,208
11,362
21 ,000
14,250
4,405
1,260

00
00
01
61
50
00
00
00
00

BANK STOCK.
Merchants' Nat'l B'k, New Bedford,
Commerce Nat'l B'k, New Bedford,
First N at'l Bank, New Bedford
Atlas Nat'l Bank, Boston
City N at'l Bank, Boston .
Pacific N at'l Bank, Boston
Taunton N at'l Bank, Taunton
Bristol Co. N at'l Bank, Taunton
Machinists' N at'l Bank, Taunton

$20,000
10,200
1,700
5,500
10,000
20,000
10,900
3,400
900

$32,400
14,178
2,278
6,875
12,300
21,000
16, 95
5,270
1,440

00
00
00
00
00
00
00
00
00

$82,600 $112,636 00

$100,208 12

1882.]

CHARLES

813

PUBLIC DOCUMENT-No. 8.
TEMPLETON A VINGS BANK - TEMPLETON.
Incorporated April 19, 1871. Number of corp rators, 59.
T1·easw·er, AsA
A. PERLEY, P1·esident.

HOSMER,

STATEMENT.

LIABILITIES,

ASSETS,

II
Deposits
.
.
Earnings undivirled
Guaranty fund •

$ 134,552 01
735 75
1,206 24

Bank stock .
.
Loans on real estate .
.
L oans on personal security,
Loans to counties, cities, or
towns.
. ·.
.
.
Deposit in banks on interest,
Cash on haud

$4,680 00
74,234 00
15,2.!5 00
35,000 00
7,000 00
355 00
$ 136,494 00

$136,494 00

Cash on Deposit in Banks, amount in each: National Bank of the Commonwealth, Boston
Miller's River National Bank, Athol.

$7,000 00
163 28

Whole amount of interest or profits received or earned
Rate and amount of each semi-annual dividend for } 2½ per cent .• {
previous year .
.
.
.
.
.
.
2 per cent
Times for the dividends fixed by the by-laws: Jan. 1 and ,July 1.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5 per cent.
The total amount of loans, with each specified rate of interest:
$5,000, 3¾ per cent; $10,000, 4 per cent; $25,000, 5 per cent;
$84,459, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
121
Aggregate amount of the same .
Number of open accounts .
• 526
Number and amount of deposits received for previous year • 409
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
49
Number and amount of withdrawals
• 162
Number of accounts opened the previous year •
• 141
Number of accounts closed the previous year .
46
Amount of expenses of the corporation during previous year
Amount of treasurer's bond
Date of examination by commissioner: June 24.

$6,279 23
2,354 84
2,157 46

74,359 00
55,563 06
31,380 07
20,472 05

367 32
10,000 00

I

BANK STOCK.

-

40

Amount Invested.

$3,000
1,200

$3,300 00
1,680 00

$3,000 00
1,680 00

$4,200

$4,980 00

$4,680 00

Par Value.

First N at'l Bank, Orange
First N at'l Bank, Gardner

ERtimated
Market Value.

.

---

314

BANK COMMISSIONERS' REPORT.

[Jan.

UNION INSTITUTION FOR SAVI NGS IN THE CITY OF BOSTON BOSTON.
Incorporated 1865. Number of corporators, 38.
HUGH O ' BRIEN, P resident.
Treasurer, GEORGE F. EMERY.
STAT EMENT.

LIABILITIES.

ASSETS.

$2,533,840 34
Deposits
.
.
38,825 64
Earnings undivided
45,191 00
Guaranty fund .
.
Mortgage and interest
253 26
suspense .

Public funds
R eal estate .
.
.
.
Real estate by foreclosnre .
Loans on real estate .
.
Loans on personal security,
Deposit in ban ks on interest,
Cash on haud

$2,618,110 24

$352,616
278,601
522,056
1,19 ,739
240,640
20,369
5,086

25
06
91
00
72
56
74

$2,618,110 24

Cash on Deposit in Banks, amount in each: Exchange National Bank .
Central National Bank
Boston Safe Deposit and Trust Company*
International Trust Company* •

$13 216
1,399
2,544
3,208

64
94
04
94

. $278 601
300,000
• 522 056
• 488,660
34,863
10,276

06
00
91
00
88
83

Whole amount of interest or profits received or earned •
$135,331
Rate and amount of each semi-annual dividend for} 1½ per cent ·. { 38 134
previous year .
.
.
.•
.
•
.
l½ per cent
37,073
Times for the dividends fixed by the by-laws: second Wednesday in
May and November.
The total amount of loans, with each specified rate of intere t:
$300,000, 4½ per cent; $211 984, 5 per cent; $10,000, 5-½ per c nt;
$460,845.72, 6 per cent; $ 19,225, 6½ per cent; $413,700, 7 p r c nt;
$23 625, 8 per cent.
Number of outstanding loans which are of an amount not
exceedin g $3,000 each
.Aggregate amount of the same .
4 4,150
A.mount of inv tment from whi h no in om i r
iv d
30,574
Number of op n accounts .
7,2 4
Numb rand amount of depo it re eived for pr viou y ar, 5 253 535,666
Nnmb rand amount of dep it of and
ding $300 at any
n tim for th pr viou y nr
. 379 237 533
Number and amount of withdrawal
6,2 9 63 ,2

77

A.mount invested in real estate (for banking purposes)
Estimated value of the same
A.mount of real estate h eld by foreclosure
Assessed value of the same
A.mount of income received from the same
A.mount of municipal tax on r eal estate •

•

07
26

00
91
0

00
74

• Th .Attorn y- en ml bas glvcn nn opinion, that und r tb prov! lone of ct. 8, cbnp. 214
of the Acts of 1 81, deposits by 1mvlnga bank In tbee trn t compnnice nre I gnl.

1882.J

315

PUBLIC DOCU1\1ENT- No. 8.

Number of accounts op n d the previou y ar.
. 859
Number of accounts los d the previou year .
1,267
A.mount of expenses of the orporation during previous year.
A.mount of treasurer's bond
Date of examination by commissioner: Feb. 15.

$9,24:' 68

15,000 00

PUBLIC FUNDS,

United States 4½s
"
"
3½s

.

.

.

City bonds: City of Boston 5s
of Chelsea 6s .
of Lowell 6s
.
of Springfield 7s
of Hartford, Conn., 6s
.
of Newton 6s .
of Somerville 5s

.
.

.

.

.

. .
. . .
. . .
. .
.

.
.
.

.
.

.

Par Value.

Estimated
Market Value.

Amount Invested.

$50,000
6,700

$56,437 50
6,767 00

$54,312 50
6,700 00

$225,000 $265,500 00
10,640 (JO
9,000
2,000
2,280 00
2,000
2,600 00
1,000
1,160 00
4,000
5,040 00
17,000
17,840 00

$251,812
10,625
2,325
2,600
1,170
4,920
18,151

$316,700 $368,264 50

$352,616 25

50
00
00
00
00
00
25

316

AUGUSTUS

BANK COMMISSIONERS' REPORT.

[Jan.

UNION SAVINGS BANK - FALL RIVER.
Incorporated 1869. Number of corporators, 32.
CHACE, P resident.
Treasurer, D. A.

CHAPIN.

STATEMENT.

LIABILITIES.

Depo~its
.
.
Earnings undivided
Guaranty fund •

.
.

ASSETS,

$624,589 94
23,868 12
9,000 00

.

$72,296
38,000
5,!J06
290,487
203,818
41,500
760
4,68!}

Bank stock
R eal estate .
. .
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Deposit in bank on interest,
Expense account.
Cash on hand

.

.

. ..

$657,458 06

-!O

32

$657,458 06

Cash on Deposit in Bank: Union National Bank, Fall River
Amount invested in real estate {for banking purposes)
Estimated value of the same
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

50
00
84
00
00
00

$41 500 00
•

Whole amount of interest or profits received or earned •
•
Rate a:1d amount of each semi-annual dividend for } ~ per cent ·. {
previous year
.
.
.
•
.
.
. 2 per cent
Times for the dividends fixed by the by-laws: May 15 and N oY. 15.
The total amount of loans, with each specified rate of interest:
$213,810, 5 per cent; $251,022, 6 per cent.
Number of outstanding loans which are of an amount not
xceeding $3,000 each
105
Aggregate amount of the same .
Amount of inve tments from which no income is r ec ived
Number of open accounts .
1,3 O
Number and amount of d posits received for previou
ar, 1160
Number and amount of d po it of and exceeding $300 at any
one time for the previou y ar
7
Number and amount of withdrawal
1,068
umb r of
p
tb pr viou y ar .
3 7
nm ber of
lo
th pr viou y ar •
251
Amount f
f
c rporation during pr vi
a r.
Amount of r
bond
Dat of xamination by ommi ion r: July 20.

$38,000
40,000
5 906
4 300
500
395

00
00
84
00
00
20

$34 633 77
11 405
11, 06 87

127 432 00
29 473 00
130 705 76

44 925 4
105 6 66

2,000 00
25 000 00

1882.J

317

PUBLIC DOCUMENT-No. 8.
BANK STOCK.

rarVa.lue.

.
.

Union Nat'l Bank, F all River.
Metacomet Nat'l Bank, Fall River
Pocasset Nat'l Bank, Fall River
Massasoit Nat'l Bank, Fall River
Fall River N at'l Bank, Fall River .

.

Estimated
Market Value.

$22,500
31,800
3,000
700
1,500

$25,425
44,520
4,200
1,295
2,100

00
00
00
00
00

$59,500

$77,540 00

Amount Invested.

$24,850
40,397
3,750
1,274
2,025

00
50
00
00
00

$72,296 50

318

BANK COMMISSIONERS' REPORT.

[Jan.

UXBRIDGE SAVINGS BANK - UXBRIDGE.
Incorporated June 3, 1870. Number of corporators, 68.
MosEs TAFT, President.
Treasure1·, C. A.

•

STATEMENT •

Lu..BILITIES.

Deposits
.
.
Earnings undivided •
Gnaranty fund .
Cheeks outstanding

TAFT.

ASSETS.

$287,609
7,12:1
3,850
314

46
3-!
00
80

Bank stock .
.
.
.
Real est.ate by foreclosure .
Loans on real estate .
.
Loans on personal security,
Deposit in bank on interest,
Expense account •

$139,4::10
28,830
92,0-ll
29,055
8,799
739

$298,897 60

$298,897 60

Cash on Deposit in Bank: Blackstone National Bank, Uxbridge
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

87
48
90
00
44
91

$ ,799 44

• $28,830
20 400
1,400
294

Whole amount of interest or profits received or earned •
Rate and amount of each semi-annual dividend for } 2 per cent . i
previous year •
.
.
.
•
•
.
. 2 per cent . I
Times for the dividends fixed by the by-laws: January and July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5½ per cent.
The total amount of loans, with each specified rate of interest:
$5,000, 5 per cent; $98,061.90, 6 per cent; $3,000, 6½ per cent;
$14,835, 7 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
76
Aggregate amount of the same .
Number of open accounts •
1,005
Number and amount of deposits rec ived for previous year • 47
Numb rand amount of depo it of and xc eding $300 at an
on time for the previou year
3
umb rand amount of withdrawal
377
umb r of account opened th pr viou y ar .
10
Number of account clo ed th pr iou year .
79
mount of xpen e of th corporati n durino- pr iou
ar.
mount of tr a urer' bond
Date of xamination by commi i ner: May 2.

48

00
00
80

$15,040 74
5,360 19
5,509 05

6",371 00
51,329 57
20 93 21
39,106 29

25 00
2 ,000 00

1882.J

PUBLIC DOCUMENT-No. 8.

319

BANK STOCK.

Par Value.

Redemption Nat'l Bank, Boston
Suffolk N at'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Revere Nat'l Bank, Boston
Howard Nat'l Bank, Boston
.
North N at'l Bank, Boston
Tremont Nat'l Bank, Boston .
Eliot Nat'l Bank, Boston
Webster N at'l Bank, Boston
.
State Nat'l Bank, BoRton
Mount Vernon N at'l Bank, Boston .
Atlas Nat'l Bank, Boston
.
Eagle N at'l Bank, Boston
Blackstone N at'l Bank, Uxbridge
Grafton Nat'l Bank, Grafton .
First N at'l Bank, Clinton
Wachusett Nat'l Bank, Fitchburg
Franklin N at'l Bank, Franklin
Central Nat'l Bank, Boston
Millbury N at'l Bank, Millbury
.
Manufacturers' N at'l Bank, Boston,

.

.
.
.

.
.

.

.
.
.
.
.
.
.

.

.

$8,000
6,100
13,000
8,000
11,200
6,000
5,800
11,000
6,900
7,800
1,800
3,300
3,000
1,700
500
2,000
2,500
5,900
4,000
1,700
4,000

Estlmaterl
Market Value.

$10,880
7,625
15,600
10,000
14,560
8,640
7,076
13,200
7,659
9,750
2,304
4,191
3,630
2,260
540
2,480
5,000
7,090
4,800
2,006
4,400

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$114,200 $143,691 00

Amount Invested.

$11,270
7,945
15,259
9,795
12,919
7,494
7,280
13,148
7,516
8,974
2,223
4,134
3,777
2,260
510
2,480
5,000
7,090
4,240
2,006
4,076

00
00
12
00
00
50
00
75
75
75
75
25
75
00
00
00
00
00
00
00
25

$139,430 87

320

JAMES

BANK COMMISSIONERS' REPORT.
WAKEFIELD SAVINGS BANK - WAKEFIELD.
Incorporated 1869. Number of corporators, 59.
F. EMERSON, President.
Treasurer, RICH.ARD

[Jan.

BRITTON.

STATEMENT.

LIABILITIES,

.ASSETS.

II
Deposits
.
Guaranty fund

$91,528 74
948 93

Public funds
Bank stock .
Railroad bonds .
.
.
Real estate by forer.losure .
Loans on real estate .
.
Loans on personal security,
Deposit in bank ou interest,
Expense account .
Premiums .
.
Interest account .
Tax account .
Cash on hand

$92,477 67

$12,000
13,500
1,000
11,174
43,6'15
1,500
3,825
132
5,082
135
8
475

00
00
00
59
05
00
22
00
18
01
03
59

$92,477 67

Cash on Deposit in Bank: South Reading National Bank, South Reading

$3,825 22

.A.mount of real estate held by foreclosure
Assessed value of the same
.A.mount of income received from the same
.A.mount of municipal tax on real estate •

11 174
11, 00
53
161

Whole amount of interest or profits received or earned
Rate a~d amount of each semi-annual dividend for} 2 per cent •· {
previous year •
.
.
.
.
.
•
2 per cent
Times for the dividends fixed by the by-laws: February and August•
.A. verage annual per cent of dividends for the term ending at time
of and including last extra dividend: 6¼ per cent.
The total amount of loans, with each specified rate of interest:
$29,700, 6 per cent; $32,395.05, 7 per cent; $1,800, 7iO" p r ent;
$2,250, 8 per cent; $;j,500, 9 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
45
Aggregate amount of the same •
.A.mount of investments from which no income is received
Number of open accounts .
682
Number and amount of depo its received for previou year • 723
Number and amount of deposits of and exceeding 300 at any
one time for the previou year
20
Number and am unt of withdrawal
430
Numb r of accounts opened tbe previou year.
140
Number of accounts cl ed the previou y a r .
98
.A.m unt of exp n e of the corporati n durin o- prcviou y ar
Amount of treasurer's bond
Date of examination by commi ioner: ]\[ay 4.

59
00

73
19

5 135 21
1,441 94
1,559 7

45,145 05
529 07
33,766 12
11 6 74
21 464 75

5 4 4
10 000 00

1882.]

PUBLIC DOCUMENT-No. 8.

321

PonL r c FuN Ds.

Estlmatecl
l\Iarket Value.

Par Value.

City bonds : City or Bath, Me., 6s
of Rockbnd, Me., 6s
of Boston 6s
of Lowell 6s
of Boston 6s

.

.

.

.

.

.
. .

.

.

.

.

$5,000
2,000
2,620
2,300
1,310

$5,000
2,000
2,000
2,000
1,000

00
00
00
00
00

$13,230 00

$12,000

Amount Invested.

$5,225
2,085
2,457
2,330
1,230

00
00
50
00
00

$13,327 50

.
BANK STOCK.

S. Reading Nat'l Bank, S. Reading,
Faneuil Hall Nat'l Bank, Boston
.
Boston Nat'l Bank, Boston
.
Boston Nat'l Bank, Boston

.

.

$5,000
2,500
1,000
5,000
$13,500

$7,000
3,275
1,310
6,550

00
00
00
00

$6,500
3,281
1,310
6,500

00
25
00
00

$18,135 00

$17,591 25

$1,160 00

$1,210 00

RAILROAD BONDS.

New York and New England 7s *

*

.

$1,000

This bank has been notified that this investment is illegal.

41

322

BANK COMMISSIONERS' REPORT.

ELIJAH SHAW,

[Jan.

W .A.LES SAVINGS BANK - WALES.
Incorporated 1870. Number of corporators, 76.
P resident.
Treasurer, H . A. McFARLAND.
STATEMENT,

LIABILITIES,

ASSETS ,

II
Deposits
•
•
•
Earnings undivided
Guaranty fund •

$20,322 51
725 77

Bank stock •
•
Loans on real esta.te .
.
Loans on personal security,
Expense account .
Office furniture .
I nterest.
.
.
.
.
Cash on hand a nd in bank .

255 00

$6,172 50
10,899 00
2,931 96
1 81
240 00
4 89

1,053 12

$21,303 28

$21,303 28
Cash on Deposit in Bank: Palmer National Bank, Palmer .

$769 18

$981 94
Whole amount of interest or profits received or earned
384 91
Rate a_nd amount_of each semi-annual dividend for t
per cent • {
.
.
•
•
.
•
. S 24 per cent •
413 16
previous year •
'rimes for the dividends fixed by the by-laws: January and July.
Average annual per cent of dividends for the term ending at time
o_f and including last extra dividend: 4½ per cent.
The total amount of loans, with each specified rate of interest:
$1,100, 6 per cent; $12,730.96, 6½ per cent.
Number of outstanding loans w:hich are of an amount not
exceeding $3,000 each
37
Aggregate amount of the same •
13,830 96
Number of open accounts •
• 122
Number and amount of deposits received for previous year • 306
4,891 26
Number and amount of deposits of and exceeding $300 at any
300 00
one time for the previous year
1
Number and amount of withdrawals
35
2, 564 38
Number of accounts opened the previous year.
16
14
Number of accounts closed the previous year •
65 95
Amount of expenses of the corporation during previous year
10,000 00
Amount of treasurer's bond
Date of examination by commissioner: July 6.

2t

B A N K STOCK.

Pnr Vnlue.

.

Market Nat 'l Bank, Boston
W ebster Nat 'l Bank, Bo ton .
.
Southbridge Nat' l B'k, Southbr 'ge,
Monson N at'l Bank, Monson .
.
Contin ental Nat 'l Bank, Boston
Hamilton Nat 'l Bank, .Boston.
Revere Nat'l Bauk , Uoston
.

.

.
.

$500
500
700
500
1,000
1,000
1,500
$5,700

Estlmnted
Mnrket Vnlue.

$523
558
924
660
1,1 30
1,250
1,600

75
75
00
00
00
00
00

$6 ,646 60

Am ount Invested.

$523
558
875
625
1,090
1,000
1,500

75
75
00
00
00
00
00

$6,172 50

1882.]

323

PUBLIC DOCUMENT-No. 8.

HORATIO

WALTHAM SAVINGS BANK- - W ALTHAM.
Incorporated March 13, 1853. Number of corporators, 30.
MOOR E , P 1·esident.
Treasure,·, F . M.

STONE.

STA T EME N T.

L U.BILlTIKS,

ASSETS,.

I
Deposits
•
.
E arnings undivided
Guaranty fund •

.

$1,263,163 26
35,060 25
28,000 00

•

.
.
. ..
. . .
. .
. .

$88,475
105,625
3,600
70,500
16,500
644,857
298,156

Public funds
Bank stock
Loans on bank stock •
Railroad bonds
Real estate b.v foreclosure .
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns .
.
Deposit in banks on interest,
Cash on hand

.

00
00

00
00
00
00
95

80,000 00

16,423 85
2,085 71

. . .

$1 ,326,223 51

$1,326,223 51
Loans on Bank Stock, amount on each: On 18 shares First National Bank, Yarmouth •
On 25 shares Waltham National Bank, Waltham

$1,600 00
2,000 00

Cash on Deposit in Banks, amount in each: Waltham National Bank, Waltham •
Boston Safe Deposit and Trust Company*

$6,000 00
10,423 85

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

•

$16,500
18,000
750
250

00
00
00
00

Whole amount of interest or profits received or earned •
• $67,693
Rate and amount of each semi-annual dividend for} 2 per cent • { 22,680
previous year •
•
•
•
•
•
•
• 2 per cent •
23,491
Times for the dividends fixed by the by-laws: second Wednesday in
April and October.
The total amount of loans, with each specified rate of interest :
$89,400, 4 per cent; $56,000, 4½ per centj $192,526, 5 per cent;
$50,000, 5½ per cent; $684,687, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
219
Aggregate amount of the same •
257,606
Number of open accounts •
4,529
Number and amount of deposits received for previous year, 4,989 373,566
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 204 114,195
Number and amount of withdrawals
2,819 249,119
Number of accounts opened the previous year.
1,041
Number of accounts closed the previous year •
• 572
Amount of expenses of the corporation during previous year
2,900
Amount of treasurer's bond
20,000
Date of examination by commissioner: Nov. 28.

05
36
78

00
84
30
84

00
00

* The Attorney-General has given an opinion, that by· the provisions of sect. 3, chap, 21' of
the Acta of 1881, depoaita by savings banka 1h this trust company are legal.

324

[Jan.

BA K C0:\1MISSIONERS' REPORT.
Punuc Fmrns.
Par Value.

E~timnted
l\farket Value.

Amount Invested.

United States bonds

$-12,500

$-13,000 00

12,475 00

Town bonds: Town of \\ altham 4fs

$16,000

$:l:7,380 00

$46,000 00

-----$88,500

BANI(

o oo I

$3,800
5,000
5,000
7,300
3,000
4 ,000
2.200
1:i,000
5,300
7,700
4,600
5,000
5,000
5,000
2.000
3,000
1,500
30,375
$ 105,775

RAILROAD

$88 475 00

.

STOCK.

Revere Nat' l Bank, Boston
l\lonnt Vernon Kat ' ] Bank, Boston .
Third Nat'l Bank, Boston
Boston Nat' I Bank, Boston
.
Hide and Leat.her Nat'l B 'k, Boston,
Market Nat'l Bank, Boston
Commerce Nat'] Ban k , Boston
Traders' Nat'l Ba11k, Boston
Suffolk Nat' l Bank, Boston
North Nat' 1 Bank, Boston
Ernr~tt Nat' l Bank , Boston
Shawmut Nat'l Bank, Bo ton .
Central Nat'l Bank, Bos ton
Continental Nat'] Bank, Boston
M etropolitan Nat'l Bank, Boston
Commonwealth Nat'l.Bank, Boston,
Eliot ~at'I 13,,nk, Boston
.
W'altharu ~at ' l Bank, Waltham

Bo. ton and Lo"!1ell .
Old Colony
Bo.-ton and l\Iaine
Salem and Lowell

$90,3

$-1,636
6,350
5,3;)0
9,2 4
3.4S0
4,:360
9- , 16
6, 120
6,4 13
10,03,1

5,3S2
6,350
6,000
5,D00
2,400
3,000
1. 00
40,500

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$"',"l

00
5 000
5 000
7 300
3 000
4,000
2,:200
6,000
5,300
7,700
4 600
5,000
5 000
4 50
2 000
3,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1 fiOO 00
30,' 75 00

- - -- - - - - - $ 131,675 00

$105,625 00

Bmrn .
~30,500
10,000
5,000
25 000

$'.17 20
1:. ,500
6,:1:0
27,500

00
00
00
00

$70,500

$ 1,170 00

$:W 5 0
10,000
"'000
25 000

00
00
00
00

- - - - - - - - - - -----$70,500 00

1882.J

PUBLIC DOCU~l~ T-No. 8.

WILLIAM HYDE,

. WARE SAVING BANK - W RE.
Incorporatctl 1 '50. Number of corporators, 40.
Presidenl .
Tl'easurer,

:..5

OTIS LA E.

STATEMENT.

LIAillLITIES.

D eposit.
.
.
Earnin gs urnlivitl ed
Guarauty funu .

ASSETS.

$ 1,8118,!5!)!) 28
22,!):;c; 50

12,211 43

Pnulic fnn<ls
Bank stock .
.
Loans on bank books
Railroad bonds
Real estate .
.
Loans 0 11 r eal estate .
.
Loans on personal security,
Loa ns to counties, cities, or
towns.
.
.
.
.
D eposit in bank on interest,
D epos it in bank u ot on
in ter est
.
.
E xpense account .
Premium account
Cash on hand

$ 1,!J03, 747 21

Cash on Deposit in Banks, amount in each: National Bank of the Commonwealth, Boston.
Ware National Bank, Ware
Amount invest ed in real estate (for banking purposes)
Estimated value of the same

$60\1,000
30J,!l00
1,000
238,000
4,799
554,163

00
00
00
00

(H
(i2

9U,217 41

42,500 00
10,3(i6 60

7,500 00
1. G37 00
29. m2 o:$

1,750 34
$ 1,90J,747 21

$10,366 60
7,500 00
$4;799 61
4,799 61

$103,962 16
Whole amount of interest or profits r eceived or earned
Rate and amount of each semi-annual dividend for l 2½ per cent •. { 42,287 00
35,253 97
previous year .
.
.
.
.
•
.
5 2 per cent
Times for the dividends fixed by the by-laws: Jan. 1 and July 1.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4¾ per cent.
The total amount of loans, with each specified rate of interest:
$42,500, 4¼ per cent; $140,000, 5 per cent; $65,000, 5½ per cent;
$450,381.03, 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
245
241,616 53
Aggregate amount of the same .
Number of open accounts .
4,2i7
Number and amount of deposits received for previous year, 2,686 308,830 79
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 233 125,110 77
Number and amount of withdrawals.
1,761 255,542 19
Number of accounts opened the previous year.
726
Number of accounts closed the previous year .
445
4,408 21
Amount of expenses of the corporation during previous year •
25,000
00
Amount of treasurer's bond
Date of examination by commissioner: July 7.

326

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.
Par Value.

United States 6s, currency
6s .
"
" Pacific
5s,
1881,
extended 3½s,
"
" 4½s, funded
loan
.
"
"
City and town bonds:City of Springfield 6s . •
of Fall River 6s
of Boston 6s
of Boston 4s
of Somerville 5s
of Holyoke 7s •
of Brockton 5s
Town of Pawtucket, R.I., 5s •
of Pawtucket, R.I., 6s •

.

.

Estimated
Market Value.

Amount Invested.

$50,000
50,000
100,000
200,000

$65,000
65,000
101,500
225,000

00
00
()0
00

$50,000
50,000
100,000
200,000

00
00
00
00

$1,000
20,000
30,000
40,000
20,000
40,000
30,000
5,000
23,000

$1,000
25,000
36,000
44,000
22,000
49,600
34,500
5,600
28,175

00
00
00
00
00
00
00
00
00

$1,000
20,000
30,000
40,000
20,000
40,000
30,000
5,000
23,000

00
00
00
00
00
00
00
00
00

--

$609,000 $702,375 00

$609,000 00

BANK STOCK.

.

.

.

.

Atlantic Nat'l Bank, Boston
Atlas N at'l Bank, Boston
Boston Nat'l Bank, Boston
.
.
Blackstone Nat'l Bank, Boston
Commerce Nat'} Bank, Boston
.
City Nat'l Bank. Worcester
Continental Nat'l Bank, Boston
Eliot Nat'l Bank, Boston
.
Easthampton Nat'l B'k, Eastham'n,
Exchange N at'l Bank, Boston
}?irst N at'l Bank, Boston
Globe Nat'l Bank, Boston
Leicester Nat'l Bank, Leicester
Monson Nat'l Bank, Monson .
Merchants' Nat'l Bank, Boston
Mechanics' Nat'l Dank, Boston
North America Nat'l Bank, Boston.
North Nat'l Bank, Boston
People's Nat'l Bank, Boston
.
Republic Nat'l Bank, Boston .
R evere N at'l Bank, Boston
Redemption Nat'l Bank, Boston
Second Nat'l Bank, Boston
.
Southbridge Nat'l B'k, Southbridge,
State N at'l Bank, Bo ton
.
.
Suffolk N at'l Bank, Bo ton
Tremont Nat'l Bank, Bo ton .
Traders' Tat'l Bank, Bo ton
Union N at'l Bank, Boston
.
W are Nat'l Bank, Ware .
. .
W el>ster N at'l Bank, Boston
.
Washington Nat'l Bank, Bo ton

. ..

.
.

.
.

..
.

.. .
.
.
.

.

.

.

.. .

$1,000
10,000
20,500
1,200
7,500
5,000
13,600
6,000
15,000
4,000
10,000
5,000
2,100
4,700
10,500
900
13,600
10,000
600
15,000
15,000
10,000
15,000
1,500
16,200
3,000
7,100
15,400
2,600
37 ,900
20,000
3,000

$1,530
12,500
26,240
1,380
9,375
5,500
16,048
7,200
18,000
5,760
20,700
5,550
2,310
6,110
15,330
1,170
15,640
14,100
972
19,650
18,300
13,500
22,650
2,250
20,250
3,6:30
8,6615,70
3,97
46,996
2-,200
4,200

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$302,900 $387,389 00

$1,000
10,000
20,500
1,200
7,500
5,000
13,600
6,000
15,000
4,000
10,000
5,000
2,100
4,700
10,500
900
13,600
10,000
600
15,000
15,000
10,000
15,000
1,500
16 200
3,000
7,100
15,400
2,600
37,900
20,000
3,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$302,900 00

1882.J

PUBLIC DOCUMENT-No. 8.

327

RAILROAD BONDS.

Par Value.

Boston and Maine 7s
Boston and Albany 7s
Boston and Albany 6s
Eastern, new loan •

.
.
..

.. ..
. .

. .

$75,000
· 60,000
50,000
53,000

Estimated
Market Value.

$95,250
76,200
57,000
58,300

---

00
00
00
00

$238,000 $286,750 00

Amount Invested.

$75,000
60,000
50,000
53,000

00
00
00
00

$238,000 00

328

GEnARD

BANK COl\1l\lISSIONERS' REPORT.

[Jan.

WAREHAM SAVINGS BANK - WAREHAM:.
1ncorporatecl 1847. Number of corporator·, 29.
Treasure1·, THOMAS R.
C. TOBEY, Pl'esident.

MILES.

STATEMENT.

LUBILITIES.

Deposits
Earnings undivided
Guaranty fund .

ASSETS,

I
$495,6113 35 I Bank stock .
.
.
.
4,331 37 Real estate by foreclosure .
5,761 00

Loans on real estate .
.
Loans on personal security,
Expense account .
Municipal taxes on real
estate.
Cash in bank

---,
$ 505,758 72

.

$176,09(1
176,Ci,17
8 ,(i77
58, ' :2
1,330

5:l

G3
17

1~4 45
3,983 41-i

-----

$505,758 72

Cash on Deposit in Bank: Wareham National Bank, Wareham •
Amount of real estate held by foreclosme
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

85
62

$3,9 3 -!6
$176,6-!7
130.351
10 111
194

Whole amount of interest or profits received or earned
•
Rate a~d amount of each semi-annual dividend for} 2 per cent
·. ~
previous year .
.
.
.
.
.
.
2 per cent
l
Times for the dividends fixed by the by-laws: first Monday in January and Jnly.
The total amount of loans, with each specified rate of interest:
$10,793.81, 4-;l-per cent; $40,005.11, 5 per cent; $2,500, 5-½ per c nt;
$v3,519.42, 6 per cent; $29,612.83, 7 per cent; 475, 7½ per cent;
$10,500, S per cent.
Number of outstanding loans which are of an amount not
exceeding 3,000 each
53
Aggregate amount of the ame .
Number of open accounts .
1 4;-0
Number and amount of cl po its received for pr vious ear
557
Number and amount of deposit of and xce ding '300 at any
one tim for th pr viou y ar
46
Number and amount of withdrawals
492
:r-umb r of account op n d th pr viou year.
154
Number of ac onnts lo cl th pr vion
ar .
11:
Amount f xp n . f the c rpora.tion durino- previ u · y ar
Amount of treasur r b ncl
Date of xaminat,i n by ornmi ion r: pril J.

62
00
01
45

$27 059 78
9,359 74
9,714 15

40

r2

29

5c,01
27 606 1
G'--' ,675 li2

1 3:10 17
5,000 00

PUBLIC DOCUMENT- No. 8.

1882.J

BANJC

T CIC.

rar Yalue.

E agle Nat'l Bank, Boston

.

,v ebster N at'l Bank, Boston .

.

.

Commerce Nat'l Bn.nk, Bo ton
North America Nat'l Bank, Boston.
City Nat'l Bank, Boston .
Revere Nat'l Bank , Boston
E xc hange Nat'l Bank, Boston.
Republic N a.t 'l Bank, Boston
First Nat'l Bank, Boston
Second Nat'l Bank, Boston
.
Shoe and L eatlier Nat 'l B 'k, Boston,
Blackstone Nat'l Bank, Boston
Atlas Nat'l Bank, Boston
Atlantic Nat'l Bank, Boston
.
Shawmut Nat' l Bank, Boston.
-Merchants' Nat'l Bank, Boston
.
Suffolk N at'l Bank, Boston
.
Boylston Nat'l Bank, Boston
Andover Nat'l Bank, Andover
Falmouth Nat'l Bank, Falmouth
.Merchants' Nat'l B'k, New Bedford,
·warebam Nat'l Bank, Wareham .

.

.
.

.
.
.

.
.

.
.

$10,000
10,000
5,000
7,500
5,000
4,500
700
3,000
2,000
7,400
6,600
10,000
10,000
4,100
10,000
10,000
10,000
13,100
500
5,000
2,500
24,000
$160,900

42

329

Estimated
l\larket ·va lue.

$12,000
11 ,200
6,450
8,G:25
G,200
5,490
1,036
3,840
4,000
11 ,248
7,458
11,500
12,500
6,355
12,700
14,600
12,100
16,768
600
6,250
3,750
. 31,200

r.o
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0()

00
00

:i205,870 00

IAmount Invested.
$11,068
11 ,015
7,058
G,99:3
5,22:j
5.HH5
731
3,105
2,090
7,572
6,897
13,574
11 ,838
4,679
10,45010,949
12,147
11,737
522
5,428
2,612
25,177

14
50
50
GS
00
78
50
00
00
32
00
81
01
26
00
84:
46
70
50
28
50
98

$176,096 85

330

BANK COMMISSIONERS' REPORT.

[Jan.

WARREN FIVE CENTS SAVINGS BANK - PEABODY.
Incorporated April 28, 1854. Number of corporators, 56.
Treasurer, ALBERT H. MERRILL,
RuFus H. BROWN, President.
STATEMENT.

.A.ss&Ts.

LIABILITIES.

II
Deposits
•
•
• $1,344,826 10
Earnings undivided •
58,083 55
Guaranty fund .
17,000 00

Public funds
Bankstock .
.
Loans on bank stock •
Railroad bonds .
.
•
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal security ,
Loans to counties, cities, or
towns.
.
.
.
.
Deposit in bank on interest,
Expense account .
Cash on hand

Loans on Bank Stock: On 7 shares Naumkeag National Bank, Salem, and 6 shares Mercan·
tile National Bank, Salem

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

00
02
00
00
53
00
20

328,540
25,939
594:
28,438

00
26
50
54

$1,419,909 65

$1,419,909 65

Cash on peposit in Bank: Maverick National Bank, Boston

$70,000
169,589
1,300
19,750
79,450
505,774
190,533

$1,300 00

•

$25,939 26

•

$79,450
68,275
4,742
1,147

53
00
46
50

$ 7,299 18
Whole amount of interest or profits received or earned •
Rate and amount of each semi-annual dividend for } 2 per cent
•• j 24,730 6
previous year .
.
.
.
•
•
•
2 per cent
l 25,025 02
Times for the dividends fixed by the by-laws: third Wednesday in
May and November.
The total amount of loans, with each specified rate of interest:
$8,228.25, 3 per cent; $25,000, 3! per cent; $9,623.57, 4 per cent;
$104,922.20, 4-½ per cent; $30,623.85, 5 per cent; $232,362.48, 6 per
cent; $18 , 769, 6-½ per cent; $52,025, 7 per cent; $4,800, h% per
ce nt; $33,490, 7t per cent; $19,350, per cent.
Number of outstanding loans which are .of an amount not
exceeding $3,000 each
• 164
207,175 00
Aggregate amount of the same .
Amo unt of investments from which no income is received
3,647 70
Number of open accounts •
8,763
193,329 63
Number and amount of depos it received for previous year, 2,39
Number and amount of deposits of and exceeding $800 at any
99,483 83
one t ime for the previous year
• 172
Number and amount of withdrawal
1,626 171,711 23
Number of accounts op n d the previous year.
• 527
Number of accounts clo ed the previous year •
• 345

331

PUBLIC DOCUMENT- No. 8.

1882.]

$2,977 14
20,000 00

.A.mount of expenses of the corporation during previous year .
.A.mount of treasurer's bond
Date of examination by commissioner: June 3.
PUB LIC FUN DS.
,

Par Value.

E stimated
Market Value.

Amount Invested.

United States 6s, currency
'' 4-½s, registered
"
"
4½s, coupon
"

.

.

.
.
.

$40,000
15,000
12,000

$53,200 00
16,950 00
13,560 00

$40,000 00
15,000 00
12,000 00

State bonds:State of Massachusetts 5s

.

.

$3,000

$3,060 00

$3,000 00

$70,000

$86,770 00

$70,000 00

.

BANK STOCK.

.

Warren Nat'l Bank, Peabody •
Howard N at'l Bank, Boston
.
Exchange Nat'l Bank, Boston.
Webster :N"at'l Bank, Boston
Atlantic N at'l Bank, Boston
Suffolk N at'l Bank, Boston
Shoe and Leather Nat'l B'k, Boston,
Hide and Leather Nat'l B'k, Boston,
Exchange N at'l Bank, Salem •
.
Asiatic Nat' l Bank, Salem
Grand Nat'l Bank, Marblehead
Atlas Nat'l Bank, Boston
Revere Nat ' l Bank, Boston
Eliot N at'l Bank, Boston
.
Blackstone Nat'l Bank, Boston
.
"\Vashington N at'l Bank, Boston
Tremont Nat'l Bank, Boston .
Faneuil Hall Nat'l Bank, Boston
Hamilton Nat'l Bank, Boston.
Shawmut Nat'l Bank, Boston .
South Danvers Nat'! Bank, P eabody,
Manufacturers' N at'l Bank, Boston.
Merchandise Nat'l Bank, Boston
North America Nat'l Bank, Boston,
City N at'l Bank, Boston .
.
Market N at'l Bank, Boston
Mount Vernon N at' l Bank, Boston .
New England N at'l Bank , Boston
Continental N at'l Bank, Boston
Traders' Nat'l Bank, Boston •.
Commonwealth Nat'l Bank, Boston,
.
Globe N at'l Bank, Boston

.

.
.

.

.
.

.
.

.
.
.
.
.
.

.
.
.
.

.. .
...
.

$2,900
4,700
8,000
14,100
4,500
2,500
5,100
10,000
900
2,'250
4,800
16,500
4,800
9,500
10,000
500
10,100
6,000
2,300
5,200
1,000
10,000
4,500
6,000
1,000
8,100
2,200
2,500
2,500
2,500
2,500
2,500

$4,205
6,125
11,520
15,721
6,907
3,050
5,737
11,650
1,035
3,375
5,376
20,625
5,856
11,423
11,500
700
12,322
7,845
2,599
6,630
1,500
11,025
4,950
6,900
1,270
8,889
2,810
3,637
2,962
2,550
3,012
2,787

00
67
00
50
50
00
50
00
00
00
00
00
00
75
0~
00
00
00
00
00
00
00
00
00
00
75
50
50
50
00
50
50

$169,950 $206,499 17

$2,900
4,689
8,000
14,100
4,500
2,500
5,100
9,950
900
2,250
4,595
16,500
4,800
9.500
10,000
500
10,100
6,000
2,300
5,200
1,000
9,909
4;500
6,000
1,000
8,100
2,200
2,500
2,500
2,500
2, 496
2,500

--

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
37
00
00
00
00
00
00
00
00
25
00

$169,589 62

332

BANK COMi\IISSIONERS' REPORT.

[Jau.

RAILROAD BoxDs.

Par Value.

Boston and Maine
Old Colony
Eastern 4~s

.

.

.
.

.
.
.

.

$5,000
10 ,000
5,000

.

.

Estimated
:Market Value.

A.mount Invested.

I

$6,350 00
11 ,GOO 00
5,487 50

$5,000 00
10,000 00
4,750 00

$23,437 50

$19,750 00

$20,000

I

1882.]

PUBLIC DOCUMENT - No. 8.

333

WARREN INSTITUTION FOR SAVINGS - BOSTON.
Incorporated. 1820. Number of corporators, 135.
TrM©THY T. SAWYER,

P1·esiclent.

Tl'easu1'e1· ,

GEORGE

F.

TUFTS.

STATEM:E~T.

L I ABILITIES.

D eposits
.
.
E arn ings un divided
G naran ty fu nd •

ASSETS ,

$4,414,0:35 14
155,356 98
71,500 00

Publi c funds
.
.
Loans on public fn nds
Bank stoc k .
.
.
L oa ns on ban k stock .
Hai lroacl bouds .
Rea l estate .
.
.
.
Heal estate by fo reclosur e .
.
L oa ns 0 11 real es tate .
L oans on personal securi ty,
L oans to co un t ies, cities , or
t own s.
.
.
.
.
D eposit in bank on inte rest,
E xpense act:o uut.
Casil on ba ud

$4,640,892 12

$641,000
U,000
19!),!IOG
7,75LI
201),000
W ,000
160,o:32
1 ,(i4! l,58 l
1,517 ,500

00
00
00
00
00
00
25
70
00

10,000
181, l!)!)
7,32 1
(i,8 11

00
05
53
59

$ 4,640,892 12

Loan s on Public Fnncl s, amount on each : On $8,000 City of New ton .
On $1 ,000 United States 4½s

$8,000 00
1,000 00

L oans on Bank S to ck , am ount on eacb. : On 50 sh ares Maverick Nation al Bank
On 8 shares Lecbmere N ati on al Ba nk
On 10 shar es Monument National B ank •
On 14 sh ares Bunker Hill National Ba nk .
On 24 shares Blackstone National Bank

$(),500
200
150
1,000
900

Cash on D eposit in Ban k; Bunker Hill.National Bank
Amount invested in real estate (for banking purposes)
E stimated va iue of the same
Amount of r eal est ate h eld by fore closure
A ssessed value of the same
Amount of incom e received from the same
Amount of municipal t ax ou real estate .

00
00
00
00
00

$181,199 05
$50,000
52,800
160,822
• 202,570
14,600
3,256

00
00
25
00
00
12

Whole amount of interest or profits received or earned
$227, 083 52
Rate a~cl amount oil each semi-annual d ividend for} 2 per cent . { 80,786 66
prev10us year •
.
.
.
.
•
•
. 2 per cent .
85,526 44
Times for the dividends fixed by the by-laws: third Wednesday in
April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra ~ividend : 4 per cent.

334

BANK COMMISSIONERS' REPORT.

[Jan.

The total amount of loans, with each specified rate of interest :
$155,000, 3½ per cent; $225,000, 3¾per cent; $649,500, 4 per cent;
$50,000, 4k per cent; $150,000, 4¼ per cent; $105,000, 4½ per cent;
$160,000, 4¾ per cent ; $85,500, 5 per cent; $44,500, 5½ per cent;
$950,570, 6 per cent ; $289,995, 6½ per cent; $239,050, 7 per cent;
$26,000, 7-?u per cent; $48,016.70, 7t per cent; $5,700, 8 per cent.
Number of outstanding loans which ar~ of an amount not
exceeding $3,000 each
• 425
Aggregate amount of the same •
•
Amount of investments from which no income is received
Number of open accounts •
12,059
Number and amount of deposits received for previous year, 9,831
Number and amount of deposits of and exceeding $300 at any
• 624
one time for the previous year
Number and amount of withdrawals
5,581
Number of accounts opened the previous year.
1,517
Number of accounts closed the previous year .
• 755
.A.mount of expenses of the corporation during previous year
.A.mount of treasurer's bond
Date of examination by commissioner : Nov. 14.

$685,611 70
10,350 00
717,130 00
324,432 00
494,528 45

8,916 42
20,000 00

PUBLIC FUNDS.

Estimated
Market Value.

Amount Ia.vested.

$300,000 $339,000 00
250,000 290,312 50

$300,000 00
250,000 00

$47,800 00
50,140 00
5,950 00

$40,000 00
46,000 00
5,000 00

$641,000 $733,202 50

$641,000 00

Par Value.

United States-4½s
"
" 4s

.
.

City and town bonds: City of Charlestown 6s
of Somerville 6s
Town of Everett 6s .

.
.

. .
. .

. .
.
.

.
.

.
.
.

$40,000
46,000
5,000

BANK STOCK.

Bunker Hill N at'l Bank, Boston
.
City N at'l Bank, Boston .
•
.
.
.
E agle Nat'l Bank, Boston
Shoe and Leather N at ' l B'k, Boston,
H ide and Leather Nat 'l B'k, Boston,
Massachusetts Nat'l Bank , Boston .
Traders ' Nat' l Bank, Boston .
.
Third Nat ' l Ban k, Boston
.
New E ngland Nat ' l Bank, Boston •
Union Nat'l Ba nk, Boston
•
.
Everett Nat 'l Bank, Boston •
•
Naumkeag Nat"l Bank , Salem.
.
Merchandi e Nat 'l Bank, Boston •
W ebster Nat 'l Bank , Boston .
•

$20,000
2,000
7,500
5,000
15,000
5,500
10,000
10,000
11 ,600
20 ,000
6,000
4,200
5,000
10,000

$36,000
2,540
8,981
5,625
17,475
6,820
10,200
10,650
16,878
80,700
7,027
6,342
5,500
11,150

00
00
25
00
00
00
00
00
00
00
50
00
00
00

$20,000
2,000
7,500
5,000
15,000
5,500
10,000
10,000
11,600
20 ,000
6,000
4,200
5,000
10,000

00
00
00
00
00
00
00
00
00
00
00
00
00
00

1882.]

PUBLIC DOCUMENT-No. 8.

335

BANK STOCK - Concluded.
Par Value.

. ..

Eliot Nat'l Bank, Boston.
State N at'l Bank, Roston
Tremont Nat'l Bank, Boston •
Atlas Nat'l Bank, Boston
Howard Nat'l Bank, Boston
Second Nat'l Bank, Boston

.
.
.
.

.
.

.

.

$15,800
11,800
10,800
9,000
10,000
4,300

Estimated
Amount Invested.
Market Value.
$18,999
14,809
13,176
11,250
13,050
6,498

50
00
00
00
00
37

$15,800
12,836
12,300
10,170
11,000
6,000

00
00
00
00
00
00

------ ------

$193,500 $253,671 62

$199,906 00

RAILROAD BONDS.
Boston and Albany 6s
.
Old Colony 7s •
•
.
Old Colony 6s •
Worcester and Nashua 5s

.
.

.
.
.

.

.
.
.

.

$50,000
50,000
50,000
50,000

$60,000
62,500
58,750
52,500

00
00
00
00

$200,000 $233,750 00

$50,000
50,000
50,000
50,000

00
00
00
00

$200,000 00

336

BANK CO 1MISSIONERS' REPORT.

[Jan.

WATERTOWN SAVINGS BANK - WATERTOWN.
Incorporated 1870. Nurn ber of corpora tors, 18.
CHARLES

J.

BARRY,

President .

Tl'easurel',

TILDE~

G.

ABBOTT.

STATE;\fENT.

LIABILITIES,

Deposits
.
•
Earnings undivitled
Guaranty fund .

.ASSETS.

$238,353 93
89:3 12
2,320 00

Pnblic funds.
Bank stock .
.
Loans on bank stock •
Railroatl bonds .
Loans on real estate .
.
Loans to counties, ciLie , or
towns.
.
.
.
.
Deposit in bank on interest,
Cm;h on hand

$ :!-!1,567 05

•

00
50
00
00
00

5,7!)3 00
W,000 00
l 33 55
J

Loans on Bank Stock: On 10 shares .Union Market National Bank, Watertown •
Cash on Deposit in Bank; Union Market National Bank

$28,125
3'.3,210
00
12,5\J0
132,U15

$241,567 05

$ 00 00

$29,000 00

Whole amount,of interest or profits received or earned
• $12, 1:S9
Rat~ a'.1cl amount of each semi-annual dividend for}
per cent . { 4,2:J7
p1 ev10us year .
•
.
•
.
.
.
24 per cent .
4,699
Times for the dividend · fixed by the by-laws: April and October.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 4-Af¾r per cent.
The total amount of loans, with each specified rate of interest:
$4,000, 4 per cent; $15,793, 5 per cent; $25,000, 5½ per cent;
$61,290, 6 per cent; $1,900, 6½ per cent; $57,025, 7 per cent;
$ 11 ,400, 8 per cent.
Number of outstanding loans which are of an amount not
62
exceeding $3,000 each
64,70
Aggr o-ate amount of the ame .
907
Number of op n account •
76,672
NL1mb rand amount of deposits received for Ir vi u year
1,lo3
umb rand amount of deposit of and exc ding $300 at an
62
0 062
on time for the previou y ar
44.2
41 397
umb rand amount of withdra·wals
275
umber of account op n d th previou year .
113
Numl er of ac ount lo cl th pr vious y ar .
36
AmounL of ·p n
of th c rporation durino- pr vi u y .ar.
5,000
Am unL f tr a 1u· r b nd
Dat of xamination by ·ommi ion r: pril 1 .

2t

05
21
34

00
9

17
21

87
00

1882.]

37

PUBLIC DOCUMENT - No. 8.

--r~., v~u,
PUBLIC F UNDS .

Es1lmat d
Ma rket Value.

City and town bonds : City of Lewiston, Me • 6s
of Bangor, Me., 6s, municipal .
of Newburyport 6s
.
.
of Charlestown 6s
.
of Fitchburg 6s
.
of Newton 6s
.
of Cambridge 6s
.
.
of Boston 6s
Town of Arlington 6s
of Watertown 5s
of Brookline 7s

.

.
.
.
.
.

.
.

.
.

.

.

.

$1,000
2,000
1,000
3,000
1,000
1,000
6,000
1,000
4,000
5,000
500
$25,500

$1,100
2,420
1,120
3,510
1,190
1,300
7,620
1,300
4,720
5,250
685

00
00
00
00
00
00
00
00
00
00
00

Amount I nvested

$1,030
2,100
1,050
3,300
1,125
1,195
7,155
1,190
4,280
5,100
600

------ ---$30,215 00

00
00
00
00
00
00
00
00
00
00
00

$28,125 00

BANK STOCK.

Commonwealth Nat'l Bank, Boston,
Blackstone N at'l Bank, Boston
Metropolitan Nat'l Bank, Boston
Market N at'l Bank, Boston
Exchange Nat'l Bank, Boston.
.
Continental N at'l Bank, Boston
ebster N at'l Bank, Boston
North America Nat'l ,Bank, Boston.
Third Nat'l Bank, Boston
. .
.
Boston N at'l Bank, Boston
Central Nat'l Bank, Boston
Traders' Nat'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,
Massachusetts Nat'l Bank, Boston .
Union Market Nat'l B'k, Watertown,

.

"'r

.

.

.
.

.
.

$2,000
2,500
800
2,200
1,000
2,000
1,900
2:000
4,000
2,500
2,000
1,500
1,000
2,250
2,500

$2,480
2,875
960
2,431
1,440
2,370
2,137
2,300
4,260
3,200
2,400
1,530
1,100
2,790
2,800

00
00
00
00
00
00
50
00
00
00
00
00
00
00
00

$2,000
2,745
800
2,310
1,375
2,100
2,014
2,155
4,000
2,800
2,105
1,569
1,0.37
2,700
2,500

00
00
00
00
00
00
00
00
00
00
00
00
50
00
00

$35,073 50

$32,210 50

$2,000
400
9,000

$2,540 00
412 00
10,170 00

$2,200 00
400 00
9,990 00

$11,400

$13,122 0(1

$12,590 00

$30,150

RAILROAD BONDS.

Boston and Maine 7s
Vermont and Massachusetts 6s
Fitchburg 5s .

43

----·1------ ------

838

BANK C011l\1ISSIONERS' REPORT.

[Jan.

WEDSTEU FIVE CEXTS SAVIXGS DA "K - WEDSTER.
Iucorporatetl .hlarcli lG, lSGS. Nurnl>cr of corporaturs, 52.

F. D.

BROWN,

Ptesillent.

Treasurer,

EDWIN MAY.

STATE:\rEXT.

LI..1.IlILITIES,

.ASSETS,

II
D eposits
•
•
Earni11gs nncliYit.lell
Guaraut,r furn.I. •

$3flii I 3f.fi ~~
l ,~H8 r,:{

3,7~1 5;;

P11hlic fnncls
J h1 Tl k St ell · k ,
Hailrnacl l111ncls •
.
•
Heal estate 11,v forer:los,,re .
Loa11s "II real estate .
.
L uaus "11 f1t:·rso11al ,;er11rit~·,
L0c111s t.u counties, cities, or

towns.

.

.

.

.

Deposit in hnnk on interest,
Expense ac-co1111t.
l're1ni11111 nccuuut
Casli ou l.iautl

$11,40.'i
G,',fiOO
4Ui87
4,~00
20:;,;:1i;1
10,87~
14.000
38,:{(i7
~:;5
7,400
ti7 l

ro

CO
0
00

uo
00
00
!10
!18
!iO
51

$400,D05 ;_m

Cash on Deposit in Dank:First National Ilauk, Webster •
Amonnt of real estate heltl by foreclosure
Assessed value of the same
Amonut of income received from the ~ame
Amount of municipal tax on real estate •
Whole amount of interest or profits receh·e<l or earnecl •
Rate a1Hl amount of each semi-a1111nal t!ivide11Ll fur t 2 per cent .• {
•
.
•
.
•
.
. ) 2 p<'I' ce11t
prcviou,; yeat· .
Times fol' the di\'itlernl fixetl by the by-laws: J::in. 1 a.ncl July 1.
Tlte total amou11t of loan'-, wilh eaclt spcci fil-cl rate of i11tt't·c · t:
$G,000, 4 pe1· ce11t; $3,000, 4½ per ce11t; $17,;j00, 5½ per ceut;
$103,5G5, 6 per cent; $:3,17:2, 7 per cent.
Number of outstanding loa.us which arc of an umonnt not
exceeding $:3,000 each
• 1S1
Aggregate amou11t of the same •
•
Number of open accounts •
2 115
Number a.ncl amount of deposits received for previon year, 1,053
Number :rntl amon11t of dcpo it of a.nu exceeding $300 at any
one time for the previou yca.r
•
76
Number aml a.mount of witlHlrawa.ls
• 702
Number of accounts openetl the pre lous ear.
209
Number of accounts clo ed the previo11 year •
• 177
.A.mou11t of xp 11 c of the corporatio11 duri11rr prcvion )Car
Amount of trca. ur r' botlll
Date of examination by commi sloner: April 11.

$38,367 00

$4,400
~,000
217
3S

00
00
GO
02

$20,7.J 76
G,2!10 43
G,!H0 55

153,4:37 00
110,267 40
37,903 00

G ,:317 03

l 15-l 34
20,000 00

1882.J

PUBLIC DOCUMENT- No. 8.

339

Punuc Fuxns.

United States bonds

.

.

City and town bonds: City of Rockland, l\Ie. .
Town of l'awtucket, R.I., water

.

. .
.

Po.r Vnlue.

Estimated
lllo.rl,e t V,tlue.

Amount Invested.

$-!,000

$4,645 00

$3,960 00

$2,000
5,000

$2,120 00
5,325 00

$2,120 00
5,325 00

- -- -$11,000

$12,090 00

- - ---$11,405 00

BANK STOCK.

Quinsigamond Nat'l B'k, ,vorcester,
Vv'orcester Nat'l Bank, ,vorcestcr .
J\Iecha11ics' Nat'l Bank, ,vorcester .
}'irst Nat'l Bank, \\•'Meester
City Nat'l Bank, \\'orcester .
Southbridge Nat'l Bank, Southb'dge:
Oxford Nat'l Ba.nk, Oxford •
.
Gra.fton Nat' l Bank, Gmfton
,vebster Nat'l Bank, Webster
Barre Na.t' l Bank, Barre.
.
Reve re Na.t'l Ballk, Boston
Boylston Nat'l Bank, Boston
Shoe and Leather Nat'l B'k, Uoston,
State Nat'l Bank, Boston
.
:Merchants' Nat'l Bank, Boston
,vebster Nat'l Bank, Boston
Blackstone Nat'l Ballk, Boston
Atlas Nat'l Bank, Boston
Hide and Leather Nat'l B'k, Boston,
Old Boston Nat'l Bank, Boston
Eliot Nat'l Ba.nk, Boston
Engle Nat'l Ba11k, Boston
.
City Nat'l Bank, Boston .
Uncas Nat'l Bank, Norwich, Conn .. .
First Nat'l Bank, Norwich, Conn.

.

.

$6,100
8,000
700
1,200
2,000
500
2,000
1,000
5,600
2,::300
3,600
l,DOO
7,400
1,000
1,000
6,400
4,800
3,400
400
2,500
1,000
500
200
2,500
2,500

.
.
.

.

.
. .

.

.

.

.

.
.
.
.

.

.
.

..

•

.
.

$68,500

RAILROAD

Boston and Albany .
Old Colony
.
.
Old Colony
.
.
Revere Beach and Lynn .

$7,442
10,lG0
868
l ,SG0
2,200
660
2,640
1,070
6,272
2,852
4,392
2,432
8,362
1,260
1,480
7,232
5,520
4,2:j0
476
3,050
1,200
600
2,j4
3,150
2,025

00
00
00
00
00
00
00
00
00
00 ,
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

- ----$S2 607 00

$6,100
8,000
700
1,200
2,000
500
2,000
1,000
5,600
2,300
3,600
l,9U0
7,400
1,000
1,000
6,400
4,800
3,400
400
2,500
1,000
500
200
2,500
2,500

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$68,500 00

Boxns.
$5,000
10,000
10,000
10,000

$6,350
12,950
12,950
11,700

00
00
00
00

$6,050
11,937
11,900
11,700

00
50
00
00

- ---- ------ -----$35,000

$43,950 00

$41,587 50

340

Rrc aA.RD

BANK COMMISSIONERS' REPORT.

[Jan.

WELLFLEET ·SAVINGS BANK - WELLFLEET.
Incorporated 1863. Number of corporators, 61.
R . F.REE i\1AN , President.
T1·easurer, T HOMAS

KEMP.

STATEMENT.

LIABILITIES.

ASSETS .

I
D eposits
Earnings undivided
Guaranty fund
Bills pay able

$317,280
10,086
8,994
310

00
30
58
t.i9

. ..

Bank stock
Real estate
Loans on real estate
L oans on personal securi ty ,
Loans to counties, cities, or
towns
Deposit in bank on iuterest,
E x pense account.
Cash on hand

. . .

$336,671 57

$232,968
2, 000
86,137
5,825

78
00
50
10

2,435 00
ti,854 20
286 83
174 16
$336,671 57

Cash on D eposit in Bank : Blackstone National Bank, Boston

"6 854 20

Amount invested in real estate (for banking purposes)
Estimated value o_f the same
Amount of municipal tax on r eal estate •

$2 000 00
3,500 00
4 80

$21,297
Whole amount of inter est or profits received or earned •
Rate a~d amount of each semi-annual divid end for } 2 p er cent . { 5,953
6,013
previous year .
.
.
•
•
.
.
. 2 p er cent .
Times for the dividends fi xed by the by-laws: January and July.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5¾ per cent.
The total amount of loans, with each specified rat e of interest:
$8,000, 5 per cent; $65,037.60, 6 per cent; $13,350, 7 per cent;
$8,000, 8 per cent.
Number of ou tstanding loan s which ar e of an amount not
51
exceeding $3, 000 each
43,S 7
Aggregate am ount of th e same .
500
A m ount of inve t ments from which no incom is r ceived
994
N umb r of open accounts .
252
33,641
um b r and amoun t of d po it r
iv d for p reviou y a.r
Numb rand amount of d po its of and x
ling 300 at any
16 714
one time fo r th e pr vion y ar
32
umb r a nd amou nt f wit,h clrawal
421 37,727
um b r of ac ount p necl th pr viou y ar .
n mh r of ac un t clo cl th pr vi u y ar .
116
y
itr.
1,399
Am ount of xp n
of th
20 000
moun t of t rra. nr r' . b ncl

28
55
4

60
00

52
15
32

47
00

1882.J

341

PUBLIC DOCUMENT-No. 8.
BANK

'TOCK.

Par Value.

.
.

State Nat'l Bank, Boston
Commerce Nat ' l Bank , Boston
Republic Nat'l Bank, Boston .
Re vere Nat '} Bank, Boston
H amilton Nat' l Bauk, Boston.
Union Nat' l Bank, Boston
Hide and Leather Nat'l B' k, Boston,
Central Nat'l Bank, Boston
Tremont Nat' l Bank, Boston .
North N at'l Bank, Bost on
Freeman's Nat'l Bank, Boston
Mount Vernon N at'l Bank, Boston .
Globe Nat'l Bank, Boston
New England N·at'l Bank, Boston .
Suffolk Nat ' l Bank, Boston
.
Old Boston N at'l Bank, Boston
Third N at'l Bank, Boston
.
Second Nat'l Bank, Boston
Manufacturers' Nat'l Bank, Boston,
.
Webster Nat'l Bank, Boston
Blackstone Nat'l Bank, Boston
At las Nat'l Bank, Boston
Continental Nat'} Bank, Boston
Shawmut Nat'l Bank, Boston .
Eliot Nat'l Bank, Boston
Eagle N at'l Bank, Boston
Faneuil Hall N at'l Bank, Boston
Boylston Nat'l Bank, Boston .
Shoe and Leather Nat'l B'k, Boston,
.
Boston Nat'l Bank, Boston
Traders' Nat'l Bank, Boston
Howard N at'l Bank, Boston
First Nat'l Bank, Provincetown

.
.
.
.

.
.

.
.

.
.

.

.
.
.

.
. .
.
.

.
.

.
.

.
.
.
.
.

.
.
.

$9, 100
3,000
13,700
1,800
8,600
2,300
10,000
7,500
10,000
3,500
8,500
2,000
4,200
2,500
3,000
2,500
20,000
2,200
6,100
3,500
10,000
13,500
14,500
9,000
15,600
10,000
4,000
3,600
800
1,000
1,100
1,500
2,400

I

E, um,ted

:Market Value.

$ 11 ,397
3,877
17,947
2,250
10,642
3,536
11,875
9,000
12,200
5,040
10,178
2,555
4,704
3,781
3,630
3,050
21,300
3,333
6,725
3,902
11,500
17,145
17,218
11 ,475
18,759
11,750
5,380
4,527
904
1,280
1,146
1,951
3,600

75
50
00
00
50
25
00
00
00
00
75
00
00
25
00
00
00
00
25
50
00
00
75
00
00
00
00
00
00
00
75
87
00

$211,000 $257,563 12

I

Amount rm,t,d

$9, 810
4,6 18
14,579
1,998
10,222
2,773
12,214
7,608
1-2 ,923
4,210
10,126
2,540
5,469
4,318
3,612
3,675
21,501
3,195
6,939
3,500
10,000
13,500
13,500
9,000
15,600
10,00U
4,000
3,600
800
1,000
1,100
1,500
2,531

75
10
38
00
25
25
51
75
25
62
50
00
25
75
50
00
92
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
50

$232,968 78

BANK COMMISSIONERS' REPORT.

342

[Jan.

WESTBOROUGH S AVINGS BANK - WESTBOROuG H.
In corporated F eb.!), 1 G!). Number of corporator:, GG.
CYRUS FAY,

President.

Treasurer,

GEORGE

0.

BRIGILUJ.

STATE:\IEXT,

L LUHLITIES,

Depo.' its
.
.
Earnings undivided
Gua ranty fund •
Suspense account

ASSETS,

$453,?03
5,4, 3
5,000
1,083

33
78
00
85

I

Pnb1ic funrls
Bank stock •
Rnilroall bonds •
.
•
R ea l estate h,· foreclosure .
Loans on real estate .
.
L oa ns on pe rsonal scc11rit.y,
Loans to counties, dtics, or
to wns.
.
.
.
.
D e posi t in bank on interest,
Ca!:ill on lrn,11u

$12,500
48, 100
3,000
11, ,1-1
288,~90
55,as;s

:-m
5J
oo

8,500 00
29 ,'(i-1 00
7 85\J H
$4G-1,7i0 96

$4u-1,770 uu

Cash on Deposit in Bank: Commonwealtll National Bank, Boston

00
00
00

•

Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on r eal estate •

•

$20,S6--! 00

•

$11,174 30
10,345 00
522 00

•
Whole amount of intere ·t or profits received or earned •
Rate n~d amount of each semi-annual di\ idend for } 2½ per cent • {
prev10us year .
.
.
.
.
•
.
. 2 per cent
Times for the dividends fixed by the by-laws: F ebruary and August.
Average annual per cent of di vidends for the ~erm ending at time
of and including last extra dividend: 4½ per cent.
The total amount of loans, with each specified rate of interest:
. 1,500, 4 per cent; $6,000, 5 per cent; . 79,000, 6 per cent;
$265 773.52, 6½ per cent.
Number of outstanding loans which are of an amount not
excee<ling 3,000 each
• 212
.Ago-regate amount of the same •
•
Number of open accounts •
1 507
Number and amount of depo it r ceived for previou y ar, 1 356
Number and amount of dcpo it of and exceeding 300 at any
one time fo r the previou year
S5
umber and amount of withdrawals
• 87-!
Number of accounts opened the prcviou year •
• 338
umber of account clo cd tl I e prcv i n • year .
209
Amount of xpen e of the corporation during previou year
Amount of tr a ur r bond
Date of xamination by commi ioner: May 19.

109 45

$26 0 2 98

9,722 40
8,230 16

23 173 52
12 ,021 01
44,9Gi 09

7 ,314 76

029 48
20,000 00

1882.J

PUBLIC DOCUlVIENT- No. 8.

843

Punuc FuxDs.

-

City and town bonds:Cit.y of Rock l:u1d
Town of Westborough, water •

.

.

.

.

r:u Ynlnc.

F.~tlm~l<.'<l
lllarkcl Yalue.

\ mount Invested.

$2,G00
10,000

$2,400 00
11,000 00

$2,500 00
10,000 00

$12,500

$13,400 00

$12,500 00

----

llAXIC STOCK.

Traders' Nat'! Bank, Boston •
Tremont Nat'l Bank, Uoston •
Globe Nat'l Bank, lioston
Commerce Nat'l Ba11k, lioston
Redemption .Nat' l Bank, Boston
]~verett ~at'l JJ:wk, Hoston
:Merchants' Xat'l Hauk, Boston
New .England Nat' l Bank. Uoston .
Hide anu Leather Nat'l B'k, l.loston,
Repul>lic Nat'l Ba11k, Boston .
J?irst Nat'l Ba11k, Westborough
l\lillbmy Nat 'l Ba11k, l\Jilll>ury
Grafton Nat' l Bank, Grafto11 .
•
Marlborough Xat' l Ba11k, i\larlboro',
Northborough .Nat'l B'k, Nurthuoro',

$,),500

$.3,GIO
4 ,:l;j(i
1,77G
1,02!

3,UUO

1,GOO
800

2,000
3,llUO
4,200
GOO

00
00

$3,GOO 00
3,UUO 00

OU

l,UOU 00

00

2,SUO 00

3,480 00
G,ODU 00

870 00
2,185 00

l,DUO

l,UOO

1,230 OU

17,712 uo
2,400 00

1G,'1UU

2,uoo
5UO

uo

sou 00
2,000 00
3,000 00
4,:.?00 00
uoo 00
l ,DOO 00
l,1100 00
lU,400 00
2,UOO 00

3,UOO
2,UOU

3,730 00
2,:!UO 00

500 00
3,000 00
2,0UO 00

$48,100

$5G,05:3 00

$:18,100 00

$2,000
1,000

$2,140 00
1,100 00

$2,000 00
1,000 00

$3,000

$3,2-10 00

$3,000 00

. 5;'50

- - - - - - - -- - ------·

RAILROAD llo:NDS.

. . . ..

Boston, Clinton, and Fitchburg
Fitchburg

.

--

I

344

S AMUEL

BANK COMM ISSIONERS' REPORT.
WESTFIELD SAVINGS BANK - WESTFIELD.
Incorporated 1853. Number of corporators, 53.
FOWLER, P resident.
Treasurer, V. W.

[Jan.

CROWSON.

ST A T E MENT.

LIABILITIES,

Deposits
Earnings undivided
Guaranty fund .
.
Rent r eceived on real
est ate h eld un der
foreclosure

ASSETS,

$ 757,196 11 11 Public funds
•
.
19,505 55 Bank stock .
.
.
8,919 13 1 Loans on bank stock .
.

1,520 39

.
Real estate by fore closure .
.
L oans on real estate .
L oans on person al security,
L oans to counties, cities, or
t owns.
D eposit in bank on interest,
E x pense account .
.
.
Premium on pu blic funds .
Premium on bank stock
Taxes and expenses on real
estate .
Cash on hand

$ 193,000
54,200
3, 150
25,260
388,218
4ti,9-:l:O

00
00
00
06
56
90

38,000
5,119
1,280
14,531
15,545

00
94
66
56
25

356 55
1,537 10
$ 787,141 18

$ 787,141 18

L oans on Bank Stock : On 38 shares F irst National Bank, W estfield

$3,150 00

Cash on Deposit in Bank: First National Bank, W estfield .

$5,119 94

Amount of r eal est ate h eld by foreclosure
Assessed valu e of the sam e
Amount of incom e received from th e same
Amount of municipal t ax on real estate .

•

Whole amount of interest or profits recei ved or earned
Rate and amount of each semi-annual dividend for l 2 p er cent . {
previous year •
.
.
.
.
.
.
. f 2 per cent .
Times for the dividends fix ed by th e by-laws : Jan. 10 an d .July 10.
The t otal ll,mount of loan s, ·with each specified rate of intere t:
$63,000, 5 per cent; $413,309.46, 6 per cent.
Number of outstand ing loans which are of an amount n ot
exceeding $3,000 each
• 208
Aggregate amou n t of the same .
•
Number of open accou nts .
2 571
Number a nd amoun t of depos it rec iv d for previou year, 6 554
Numb rand amou 1t t of d po it, of a 11 d exceedin g $300 a t an y
one time for t,be previou year
. 115
NumlH' I' and a mount of wiLbclrawal
1, · 05
Nutnh r of a ount · op n cl t,h e pr vi u y ar.
· .J4
Numlwr of accounL clo rl the pr viou y a r .
310
Amoun t; of ·xp n e of ·the cor p ration d ur ing I r vi u year.
Amo un t of t,r a ur r' b nd
Dctte of examination by comm i i n er : July 1 .

$25 260 66

24,300 00
1,432 56
317 44
$40 047 0
14.433 31
14,717 00

217,875 00
165 22 97
5 7() 47
135,d2 33

1,305 68
10,000 00

1882.J

PUBLIC DOCUMENT- No. 8.

345

Punuc FuNDs.
I

United States 6s, currency
" 4½s
"
H
.
4s
"
3is
"
"

.

.
.

.

.
.

.

.

.
.

City bonds: City of Providence, R I., water
of Charlestown, water
of Chelsea
.
.
of Portland, Me.

.

.

.
.

.
.

.
.

=pstlmated

Par Value.

Market Value,

Amount Invested.

$40,0·00
20,000
57,000
56,000

$52,205
22,400
66,120
56,560

00
00
00
00

$47,463
20,000
59,324
57,111

15
00
48
4·3

$10,000
3,000
3,000
4,000

$11,912
3,555
3,705
4,460

00
00
00
00

$11,912
3,555
3,705
4,460

50
00
00
0o_

$193,000 $220,917 00

$207,531 56

BANK STOCK.

First Nat'l Bank, Westfield
Hampden N at'l Bank, Westfield
.
Hampshire Co. N'l B'k, Northamp'n,
Agawam Nat'l Bank, Springfield
City Nat'l Bank, Springfield .

.

$42,200
800
3,000
3,200
5,000

$57,392
1,160
3,900
4,160
6,000

00
00
00
00
00

$54,200

$72,612 00

$56,973
1,100
3,000
3,672
5,000

25
00
00
00
00

$69,745 25

346

EBEN D

BANK COl\111ISSIONERS' REPORT.

[Jan.

WEYMOUTH SAVINGS BA.~K - WEY:\IOUTII.
Incorporateu. 1833. Number of corporator , 73.
E::o.TON, Presiclent.
'1'1·easw·e1·, CrrARLES T.

CRANE.

STATE:\TEXT,

LU.13ILITIES,

Deposits
.
.
Earnings undivided
Guaranty fuud .

ASSETS.

$560,2D3 79
37, 3\)4 01
11,150 00

Public funds

$211,783 65
Ci ,400 00
11 , '00 00
l a5,:i-W 00
2H:1,i 11 00
51,:19-! 00

Bank stock .
Railroa1l boncls •
.
•
Real estate by foreclosure.
L oa.11s 011 rc,a\ estate .
.
Loans on p e r:-onal sc,C'1irity,
Loans to cuunties, citie:, ot·
tO\\"IIS

•

•

S11spe11se nc1·011nt

*

.

5,000 00
25,700 00
l ,(jO! 15

.

Ca ·11 on La.ncl autl in bank.

$(i08,837 80

$G08,887 SO

Ca!;b on Deposit in B ank: Union National l3auk, ·weymouth
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income rece ived from the same
Amount; of municipal tax on r eal esta te •

$1,3fi3 45
• $135 5-!6
03,500
G 601
1 3-!0

Whole amount of interest or profits rcceirnd or earnecl •
Rate and amo unt of each semi-annual lli vid.encl for t 2 per cent .• {
previous year .
•
.
•
•
.
.
• ~ 2 per cent
Times for the dividends fixed by the by-la,Ys: January and July.
Average annual per cent of divid ends for the term ending at time
of and including last extra clividencl: 7t per cent.
The total amount of loan , with ea.ch specifiecl rate of interest:
$30,000, 4 per cent; $:5,000, 4½ per cent; $6,900, 5 per c nt;
$70,110, 6 per cent; $88,600, 6-½ per cent; $ -!D,755, 7 p r cent;
$4,9 0, 7-h per cent; $41,102, 7t pP.r cent; $42 54"', 8 per cent.
Number of out tancling loans which are of an amount not
exceeding $3,000 each
• 208
A<Tgregate amount of the same •
•
Number of open accounts .
1 704
Number and amount of deposit received for previou year
274
Number and amount of clepo it of and exceeding $300 at any
one time for the previous year
19
Number and amount of withdrawal
1,171
Number of account op necl the pr viou year.
l
Number f account clo cl the 1 r viou y ar •
• 622
Amount of ex pen e f the corporation during previou year.
Amount of tr a ur r' bond
Date of examination by c mmi ion r: May 23.

00
00
70
03

$3<l,3G7 43
13, I 'O 00
11,434 17

203 005 00
23,046 63

3i>O 72
155,606 60

2,750 72
17,600 00

• This amount Is made up of Ind bt dness In su pen e, but from wblob tbere le a possibility
tbnt eomllthlng mny be r nllz d.

1882.]

PUBLIC DOCU:\IENT- No. 8.

847

PUDLIC FUNDS.

P ar Vnlue.

United States 4s

i'

E !lllmn l~

1\Inrl,et Va ine.

Amount I nvested.

$31,363 75

$26,782 65

$36,400
7,500
4,000
4,000
2,700
2,700
3,000
1,500
1,200
1,400
2,000
2,000

$43,680
8,737
5,600
4,080
3,011
3,456
3,9:W
2,160
1,752
1,988
2,400
2,200

$36,400
7,500
4,000
4,000
2,700
2,700
3,000
1,500
1,200
1,400
2,000
2,000

$68,400

$82,994 00

$27,000

B A NK STOCK,

•

.
.
.
.
.
.
.
.
.
.

Union Nat'l Bank, Weymouth
Hide and Leather Nat'l 13'k, Boston,
,vashington Nat'l Bank, Boston
Traders' Nat'l Bank, Boston
Webster Nat'l Bank, Boston
.
Boston Nat'l Bank, Boston
Republic Nat'l Bank, Boston .
Exchange Nat'l Bank, Boston
Merchants' 1"at'l Bank, Boston
North Nat'l Bank, Boston
Metropolitan Nat'l Bank, Boston
Merchandise Nat'l Bank, Boston

.

..
.

00
00
00
00
00
00
00
00
00
00
00
00

00
00
00
00
00
00
00
00
00
00
00
00

$68,400 00

RAILROAD BONDS,

Boston, Revere Beach, and Lynn 6s .

$10,000

$11,800 00

•

I

$11,800 00

348

JOHN

BANK COMMISSI ONERS' REP ORT.

[Jan.

WHITINSVILLE SAVINGS BANK - WHI TINSVILLE.
Incorporated 1872. Number of corporators, 58.
C. WHITIN, President.
Treasurer, H. A. GOODELL.
STATEMENT.

LIABILITIES.

Deposits
.
.
Earnipgs und ivided
Guaranty fu nd .

.

ASSETS.

$222,739 64
6,298 05
2,076 24

-----

Public funds
Bank stock
Rail road bonds
Loans on real estate
Lo.ans on personal security,
Deposit in bank on interest,
Expense accou nt
Cash in bank

.

. .

$231,113 93

$9,000
7fi,R98
26,6-1.0
63,340
41,000
11,209
802
2,723

00
79
00
01
00
30
05
78

- -- - $231,113 93

Cash on D eposit in Banks, amount in each: Commonwealth Nation al Bank, Boston
Whit insville National Bank

$11 209 30
2,723 78

Whole amou nt of interest or profits received or earned •
$11,765
Rate and amo unt of each sem i-annu al dividend for } 2 per cent . { 3,767
previous year •
.
.
•
.
.
•
2 per cent
.
4,049
T imes for th e dividen ds fi xed by the by-laws: May and November.
The total amount of loans, with each specified rate of interest:
$22,500, 4 per cent; $9,000, 4½ per cent; $10,300, 5 per cent;
$65,205, 6 per cent; $1,450, 6½ per cent; $2,850, 7 per cent;
$2,035.01, 7½ per cent.
Number of outstanding loans which are of an amount not
exceeding $:3,0~0 each
43
Aggregate amount of the same •
42,740
Number of open accounts •
20
Number and amount of deposits received for previous year
59,849
770
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
16 122
37
Number and amount of withdrawals
41,233
• 3 '4
Number of accounts opened the previous year •
• 191
Number of accounts closed the previou year •
105
Amount of expenses of the corporation during previous year.
419
Amount of treasurer's bond
2 ,000
Date of examination by commissioner: May 2.

98
66
19

01
25
25
30

50
00

PUBLIC FUND •

Par Value.

City bonus : City of Norwich, Conn.
of Fall Ri v r .
of Manchester, N.II.

E tlmated

Amount lnve"ted.

.Market Value.

$1,000
5,000
3,000

$1,140 00
6,2!50 00
3,4 0 00

$1,000 00
5,000 00
3,000 00

$9,000

$10,870 00

$9,000 00

___ ,______ ------

1882.J

PUBLIC DOCUMENT-No. 8.

349

BANK STOCTL

Par V alue.

Atlantic N at'l Bank, Boston .
Atlas Nat'l Bank, Boston
.
Blackstone Nat'l Bank, Boston
Boylston Nat'l Bank, Boston
Boston Nat' l Bank, Boston
Columbi an N at'l Bank, Boston
Commouwealth Nat'l Bank, Boston,
.
Commerce N at'l Bank, Boston
City Nat'l Bank, VVorcester .
Everett Nat'l Bank, Boston .
Eliot Nat'l Bank, Boston
.
Exchange Nat'l Bank, Boston.
Faneuil Hall N at'l Bank, Boston .
Freeman's N at'l Bank, Boston
.
Massachusetts Nat'l Bank, Boston
Merchants' Nat'l Bank, Boston
Millbury Nat'l Bank, Millbury
Northborough Nat'l B'k, Northboro',
New England Nat'l Bank, Boston .
North Nat'l Bank, Boston
.
.
North America Nat'J Bank, Boston.
Redemption Nat'l Bank, Boston
.
•
.
Revere Nat'l Bank, Boston
Republic Nat'l Bank, Boston .
.
Union Nat'l Bank, Boston
.
.
Webster Nat'l Bank, Boston .
•

$3,900
2,000
2,000
2,000
300
1,600
3,000
1,100
4,000
3,000
1,000
1,000
1,000
2,500
3,000
4,200
3,000
1.600
1,000
2,500
3,000
4,000
1,900
2,800
1,000
2,000

Estima ted
M arket Vuln e.

$5,986
2,540
2,350
2,560
393
2,292
3,720
1,4 32
4,500
3,513
1,202
1,482
1,345
3,137
3,825
6,300
3,ti00
2,000
1,520
3,600
3,607
5,410
2,375
3,668
1,512
2,275

50
00
00
00
00
00
00
75
00
75
50
50
00
50
00
00
00
00
00
00
50
00
00
00
50
00

Am oun t ln vested.

$5,640
2,492
2,651
2,098
323
2,225
3,752
1,33-l
4,500
3,735
1,167
1,740
1,398
3,360
3,760
6,055
3,541
2,080
1,485
3,243
3,287
6,027
2,369
3,578
1,372
2,277

75
50
17
00
25
00
50
00
00
00
50
00
75
25
62
75
75
00.
00
75
50
50
75
50
50
50

- - ---1---- - - -----$58,400

$76,148 50

$76,398 79

$14,400
8,120
1,000
3,300
2,320

$13,310
7,000
1,000
3,3U0
2,000

RAILROAD BONDS.

.
.
.
.

Providence and Worcester
.
Old Colony
·worcester and Nashua
Salem and Lowell
Connecticut and Passumsic Rivers

.

.

.
.
.
.

$12,000
7,000
1.000
3,000
2,000
$25,000

00
00
00
00
00

00
00
00
00
00

~ - - - - -----$29,140 00

$26,640 00

[Jan.

BANK COMl\i!ISSIONERS' REPORT.

350

WINCHEXDON SAVINGS BA

m: -

WINCHEXDON.

Incorporated 185:1. Number of corporators, 125.
ORLANDO

MAso~, President.

Treasw·er, C. L.

BEALS.

STATEMENT.

LiaBILITIES,

Deposits

.

.

Earnings nrnlid<led
Guaranty fuml .

ASSETS.

Pnblic fnrnls
Bank stoek .
.
Loans on bank stock
Railroad bonds .
.
.
Rea l estate by foreclosure .
.
L oans 011 real estate .
Loans on personal secnrit_\-,
Loans to counties, cities, or

$482 ,o31 58
17,701i 70
10,;no 74

towns.

.

•

•

$8,000 00
89,100 00

20,2:{4 0-1:
21,UOO 00

2,'iOO 00
2-M,4i9 uo
!JG,033 12

8,000 00

.

Deposit in bank on interest,
Furniture account
Cash on ham!

0
200 00
4,751 46,

lli,'.!10

$510,700 02

$510,70!J OJ

Loans on Bank Stock, amount on each: On 205 shares First National Bank, Winchendon
On 2 shares Quinsigamond National Bank, Worcester •
Cash on Deposit in Bank:First National Bank, Winchendon

•

•

$20,054 54
179 50

•

$16,210 80

Amount of real estate held by foreclosure
Assessed value of the same
.A.mount of income receivetl from the same
.A.mount of municipal tax on real estate •
Whole amount of interest or profits received or earned •
•
Rate and amount of each semi-annual dividend for l 2 per cent • {
previous year .
. I 2 per cent •
Times for tlie dividends fixed by the by-laws: May and November.
Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 7 per cent.
The total amount of loans, with each spec ified rate of intere t:
$20,000, 4 per cent; 3,000, 4! per cent; $-!-1,9~ -1.54, 5 p r cent;
$4,000, 5½ per cent; $290,292.22, 6 per cent; $1,500, 6½ per cent;
$7, 700, 7 per cent.
Number of out· tanding loans which are of an amount not
exceeding $3,000 each
• 175
A•mreo-ate amount of the same •
Number of open account .
1, 06
Number and amount of d po it r ece ived for pre i n year
7 9
N,unber and amo1tnt of d po it of and exceeding $300 at any
one time for the previon y •ar
4
• 633
Number and amount of withdrawal
• 207
Number of accounts opened the previous year.

$2,700
2,775
174
40

00
00
00
24

$25 !:123 04
, 17 94
!J,013 07

137, !)2 22
73,727 61
22,289 28
56,348 10

351

PUBLIC DOCUMENT-No. 8.

1882.]

Number of accon nt clo c,1 the previous y ar .
133
A m uu11 t of expenses of the corpuration tluring previous year.
Amount of treasurer's bond
D ate of examination by comm is ioncr: June 24.

PunLic

.

.

.

50,000 00

FUNDS.

rar Value.

United States 3 1s

$005 49

.

$: 8,000

E stim a ted
l\l arket Value.

Amount Invested.

$8,040 00

$8,000 00

D AX IC STOCK.

$31,600
8.500
l ,UOO
3,400
G,7UO
4,800
10 ,0UO
2,500
lU,000
9,000

First Nat'l Bank, " Tinchendon
:First Nat' l Bank, Leo111inster .
First Nat'l Hauk, Boston
l\I ec hanics' Nat'l Bank, Boston
Eliot Nat'l Ba11k, Bos ton
Faneuil Hall Nat'l Bank, Tloston .
l\lercha11ts' Na,t,'l Ba11k , Boston
Co111111011wealth ~at'l Ba11k , Huston.
Herle111ptio11 Nat,'! Ba.Ilk, Boston
Rollstoue Nat' l llank, Fitchburg
Fitchburg Nat'l .Dank, Fitchburg •

1,000

$39,500
8,500
3,200
4,250
7 ,6,38
5,85G
13,DOO
2,suo
12,800
13,900
1,350

00
00
00
00
00
00
00
oo·
00
()0

00

$SD, 100 $113,744 00

RAILHO.AD

Cheshire .
:Fitchuurg

•

•

•

$31,600
8,500
l ,GOO
3,400
6,700
4,SOU
10,000
2,500
10,000
9,000
1,000

00
00
00
00
uo
00
00
uo
00
00
00

$89,100 00

noxDs.
$G,000
15,UOO

$6,180 00
15,900 00

$(i,000 00

$:21,000

$22,080 00

$21,000 00

15,000 00

- - - - - - - -·- - -------·

352

THOMAS

[Jan.

BANK COM1\1ISSIONERS' REPORT.
WINCHESTER SAVINGS BANK - WINCHESTER.
Incorporated 1871. Number of corporators, 30.
P. AYER, President.
Treasure,·, JORN T.

MANNY.

STATEMENT.

LIABILITIES.

ASSETS.

II
Deposits
Earnings undivided
Guaranty fund
Premium fund

.

$ 229,688
975
2,429
1,635

15
76
5:1
00

Public fnnds
Bank stock
Railroad bonds
Real estate l,y foreclosnre .
Loans .on real estate
Loans on personal security ,
Deposit in banks on interest,
Safe and fixtures
Cash on l.iand
.

.

. . ..
.

.

$ 234,728 44

Cash on Deposit in Banks, amount in each:E x change National Bank •
Eliot National Bank .
A:11 01.:.nt of real estate held by foreclosure
Assessed value of the same
.Amount of income received from the same
.Amount of municipal tax on real estate .
Whole amount of interest or profits received or earned
•
Rate a_nd amount of each semi-annual dividend for } 2-½ per cent . {
prev10us year .
.
•
.
•
•
.
. 2-½ per cent .
Times for the dividends fixed by the by-laws: third Wednesday in
.April and October .
.Average annual per cent of dividends for the term ending at time
of and including last extra dividend: 5 per cent.
Th e tota l amount of loa n s, with each specified rate of interest:
$5,000, 4 per cent ; $34,000, 5 p er cent; '3 500, -½ p er cent;
$73, 92. 22, 6 per cent; $8,000, 6½ per cent; $4 ,52~ , 7 p er cent;
$9,350, 7-½ p e r cent; $200, pe r c nt.
Num b r of out La nd in g loans whi ch are of a n amount not
e xceedin o- $3, 000 each
-9
A go- regate a mount of th e am e .
90
Nun he r of op n accounts .
Numb r a nd a m unt of d eposit re i ed for previou y ar, 1,2:.9
N umb r a nd a mou n t of d e pn, it of a nd xc ding $3 a t any
o n e tim for th e pt· vio u. y a r
67
umh r and a m o unt of withdra wa l
51'
232
N u m l> r of a c u nt open d th e pr
y ar
umb ,r of a ·c un t l o ed Lh ~ pr iou y a r .
11
A mo11n t of xp m
of Lh co rp r a Li on durin pr i n y ar
Am n unL o f t.r as ure r':-. hone!
D t uf -' mina.tion Ly on1mi. &i n r : Mfty 7.

$ 46,R85
14,510
15,511
2,027
111,217
17,250
27,151
500
175

00
75
25
05
22
00
48
00
69

$234,728 44

$24,000 00
3,151 48
$2,027
2,150
1 0
25

05
00
00
37

$11, 84 09
4,260 37
5,024 06

34 975 00
6,66

22

89 043

n:;

43 61 70

791 67

I\ 00 0

PUBLIC DOCUMENT-No. 8.

1882.]

•

353

P UBLIC F U N D S.

7

State, city, and town bonds: State of New Hampshire
of Maine
.
.
City of Chelsea
of Portland, Me.
.
of Lynn .
of Cambridge .
Town of Woburn .
of Winchester

.
.
.

.

.
.
.
.
.

.

.
.
.
.

.
.
.
.

.
.
.
.

Pa,Valu•

$2,000
1,000
3,000
2,000
2 ,000
1,000
3,000
30,000
$44,000

Estimated
Amount Invested.
Market Va lue.

$2,400
1,020
3,420
2,210
2, 320
1,160
3,420
32,050

00
00
00
00
00
00
00
00

$48,000 00

$2,170
1,030
3,270
2,140
2,340
1,180
3,255
31,000

00
00
00
00
00
00
00
00

$46,385 00

BANK STOCK.

Metropolitan N at'l Bank, Boston .
.
Eliot N at'l Bank, Boston
.
Atlas N at'l Bank, Boston
.
Woburn Nat'l Bank, Woburn.
.
Eagle Nat'l Bank, Boston
State N at'l Bank, Boston
North America Nat'l Bank, Boston,
Hamilton N at'l Bank, Boston .
Commerce N at'l Bank, Boston

.

.
.
.

.
.

$2,000
3,000
2,200
2,000
1,300
700
500
400
300
$12,400

$2,400
3,600
2,750
3,000
1,560
875
575
452
384

00
00
00
00
00
00
00
00
00

$15,596 00

$2,000
3,240
2,583
3,000
1,472
844
570
496
305

00
00
00
00
25
25
00
00
25

$14,510 75

RAILROAD BONDS,

Boston and Lowell .
Old Colony
•
.
Boston and Albany •
. .
Fitchburg

.
.
.

.

.
.
.
.

.
.

.
.

$6,000
4,000
2,000
2,000
$14,000

45

$6,655
4,600
2,320
2,200

00
00
00
00

$15,775 00

$6,368
4,800
2,162
2,180

75
00
50
00

$15,511 25

354

JOHN

BANK COMMISSIONERS' REPORT.

[Jan.

WOBURN FIVE CENTS SAVINGS BANK - WOBURN.
Incorporated April 11, 1854. Number of corporators, 11.
CUMMINGS, P 1·esident.
T1·easw·er, E. E. THOMPSO.N.
STATEMENT.

LI.ABILITIES.

Deposits
.
.
Earnings undivided
Guaranty fund .

ASSETS.

$440,4r-i l 71
28,H!-13 65
2,617 ~5

Bank stock .
.
.
.
Real estate by foreclosnre .
L oans on real estate .
.
L oans on personal security,
Loans to eounties, cities, or
towns.
.
.
.
.
D eposit in bank on interest,
Cash on hand

$472,073 31

Cash on Deposit in Bank: First National Bank, Woburn

$20!,140 88
37,35:J 50
12-i,os2 ~o
63,350 00

36,676 43
6,118 70
350 90

472,073 31

$6,118 70

.A.mount of real estate h eld by foreclosure
Assessed value of the same
.A.mount of income received from the same
Amount of municipal tax on real estate •

$37,:353
49 '70
2 710
738

Whole amount of interest or profits received or earn ed
Rate and amount of each semi-annual dividend for } 2-½ per cent . {
previous year .
.
.
.
.
.
.
2 per cent
Tim es for the dividends fix ed by the by-laws: J anuary and July.
Average annual per cent of dividends fo r tlie term ending at time
of and including la.st extra. dividend: 4½ per cent.
The total amount of loans, with each specified rate of interest :
$6, 118.70, 2½ p er cent; $48, 7U0, 4 pei· cent; $:20,0,G.4:3, 4½ p r
cent; $:3 ', 5tJ0, 5 per cent; $-18,,M.OO, G per cent; $:23 GOO: Gt pr
cent; $:H,:,1 5, 7 per crnt; $200, 'i}n p r c nt · $.\ 'i,\ p'r cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
Aggregate amount of the same .
Amount of inve tment from which no income is r eceh ed
Number of open account
2 20Number and ~mount of d po it r e . i d f r pr Yiou
a r,
10 2
Number and amount of d po it of and ex tlino- $300 at any
one time for th p ·cv iou y ar
12
Numb r ancl am unt of wit,hclra,wal
12
Numbrr of ac ount op nc rl
· s ar .
-I J
Numb r f a
<.'cl tl
y<'a r •
100
Am nnt f c.
f t,h r
rati n cl min"' 1 r viou y ar.
Am unL of t,1·
honcl
Date of examination by commi iou r: pl'il 0.

$22 4 1 2
7 0,0 72
7 091 78

50
00
06
43

7 l 790 00
1 200 00

15. lH)

0

70,'i!H 3
4\) 07 i-

2.206 32
20 000 00

1882.J

355

PUBLIC DOCUMENT-No. 8.
BANK STOCK.

Par Vah1e.

.
.

Atlas Nat'l Bank, Boston
Blackstone Nat'l Bank, Boston
Boston Nat'l Bank. Boston
Continental Nat'l Bank, Boston
.
Commerce Nat'l Bank, Boston
.
Eliot Nat'l Bank, Boston
Faneuil Hall Nat'l Bank, Boston .
Hide and Leather N at'l B'k, Boston,
Howard Nat'l Bank, Boston
New England Nat'l Bank, Boston
Old Boston Nat 'l Bank, Boston
ReYere Nat'l Bank, Boston
Shawmut Nat'l Bank, Boston .
Shoe and Leather Nat' ! B'k, Boston,
Second Nat'l Bank, Boston
Suffolk Nat'l Bauk, Boston
,vebster Nat'l Bank, Boston
·woburn Nat' l Bank, Woburn

.

.

.

.
.

.
.
.

.

.

$13,000
10,500
2,000
6,700
1,200
4,500
5,500
12,800
2,500
16,500
1,000
15,000
25,000
17,000
2,000
3,900
1,000
20,000

--

E!\tlmatcd
Marlcet Value.

$16,250
12,075
2,560
7,947
1,545
5,411
7,191
14,720
3,252
24,502
1,220
18,2:25
31,875
19,125
3,030
4,753
1,115
29,000

Amount Invested.

$15,208
14,738
3,252
9,070
1,515
5,373
7,125
13,642
2,831
23,452
1,260
18,012
30,118
22,638
3,205
4,912
1,050
26,734

00
00
00
87
00
25
25
00
92
50
00
00
00
00
00
13
00
00

13
50
50
75
00
75
25
25
25
50
00
50
75
75
00
00
00
00

- -- - - - ------

$160,100 $203,798 92

$204,140 88

•

356

[Jan.

BANK COMMISSIONERS' REPORT.

WORCESTER COUNTY INSTITUTION FOR SAVINGS-WORCESTER.
ALEXANDER

Incorporated F eb. 5, 1828. Number of corporators, 187.
H. BULLOCK, P1·esident.
Treasurer, CHARLES A.

CH.ASE.

STATEMENT,

LIABILITIES.

.ASSETS.

Deposits
.
.
• $8,118,000 85
Earnings undivided
220,076 55
Guaranty fund .
133,000 00
Suspense account
10,597 71

$ 1,898,800 00
Public funds
.
.
25,000 00
Loans on public funds
791,050 00
Bank stock .
.
.
65,500 00
Loans on bank stock •
738,000 00
Railroad bonrls .
.
.
121,240 35
Real estate by foreclosure .
2,430,681 00
Loans on real estate .
.
1,164,595 70
Loans on personal security,
Loans to counties, cities, or
556 1 200 oo ·
towns.
.
.
.
.
681,260 56
Deposit iu banks on interest,
5,043 91
Expense account .
4,303 59
Cash on hand
$8,481,675 11

$8,481,675 11

Loans on Public Funds: On $25,000 United States 4s

$25,000 00

Loans on Bank Stock, amolmt on each: On 550 shares First National Bank, Worcester.
On 100 shares Franklin County National Bank, Greenfield
On 5 shares Central National Bank, Worcester

•

$55,000 00
10 000 00
500 00

Cash on D eposit in Banks, amount in each: First National Bank, Worcester.
Citizens' National Bank, Worcester •
City National Bank, Worcester .
Quinsigamond National Bank, Worcester.
Worcester National Bank, Worcester
Exchange National Bank, Boston
National Bank of the Commonwealth, Boston.
Wachusett National Bank, Fitchburg
Westminster National Bank, Westminster

$113 000
50 000
120,000
60,0 0
115,=60
65 000
73,000
75 000
10,000

00
00
00
00
56
00 ·
00
00
00

Amount of real e tate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate .

$121 240
111, .J:O
4,038
1 64

35
00
00
00

$427 410 43
Whole amount of intere tor profits received or earned
Rate and amount of each emi-annual dividend f
2 per cent . { 147,143 42
previous year .
.
.
.
.
.
.
. 2 p r cent . 151 719 -1-9
Tim s for t,he divid ends fix d by the by-laws i Jan. 1 and July 1.
Th e t otal amount of loan. , wi Lh ach p cifi ocl raL of int r , t:
$ L50,000, 3~ per cenL; $493 500, :3½ pe r ce11L; $100 000, 3~ per ce11L;
$:3:J,i,700, 4 per c nt; $ 10,\500, 4;} p r cnt; ,,' ~ 500, ..tt p r c nt·
$12,000 4J p r c nt; $ 1,5 7,500, 5 p r enL; $60,0 , 5½ per nt;
$ 1,223 6, J, 0 p l' C 11t ; ,'4,500 7 p r nt.

r}

1882.]

357

PUBLIC DOCUMENT-No. 8.

Number of out tanding loans which are of an amount not
exceeding $3,000 each
. 592
Aggregate amount of the same .
• $901,245
Number of open accounts .
19,009
Number and amount of deposits received for previous year, 13,208 1,196,430
Number and amonnt of deposits of and exceeding $300 at any
one time for the previous year
1,052 600,111
Number and amount of withdrawals
9,868 1,014,690
Number of accounts opened the previous year
2,828
Number of accounts closed the previous year .
2,008
Amount of expenses of the corporation during previous year
13,797
Amount of treasurer's bond
50,000
Date of examination by commissioner: June 1.

70
26
21
75

39
00

PUBLIC FUNDS.

United States 4-½s
"
"
4s

.

.

. .

.
.

.

.

State, county, city, and town
bonds: State of Maine 6s .
of Rhode Island 6s
County of Merrimack, N.H., 6s
City of Worcester 6s
.
.
of Worcester 5s
.
of Worcester 4s
.
of Roxbury 5s .
of Charlestown 6s .
.
of Newton 6s
.
of Lawrence 6s
.
.
of Lynn 6s
.
.
of Lowell 6s .
of New Bedford 6s
of New London, Conn., 7s
.
of Meriden, Conn., 7s
of Manchester, N .H ., 6s.
of Nashua, N.H., 6s
of Fitchburg 6s
of Somerville 6ls .
.
of Providence, R.I., 4½s
.
of Chelsea 4½s.
.
of Concord, N .H., 6s
T own of Brookline 7s
.
of Natick 7s .
of Northampton 6s
.
of West borough 5s

.

.

.
.

.
.
.
.
.
.
.

.

.

.

.

.
.
.
.

.

.

.

.

.

.
.
.
.

.
.

.
.

.
.
.

Par Value.

Estimated
Market Value.

Amount Invested,

$50,000
553,800

$56,000 00
642,400 00

$50,000 00
553,800 00

$20,000
77,000
1,500
102,500
105,000
500,000
20,000
5,000
40,000
5,000
50,000
36,000
5,000
25,000 .
26,000
38,500
33,000
35,000
10,000
50,000
46,000
500
20,000
10,000
:i3,000
21,000

$23,000
78,540
1,590
112,750
115,500
540,000
20,250
5,750
53,600
5,750
62,000
42,120
5,850
36,000
31,200
46,200
39,270
41,300
10,450
54,250
47,800
610
27,500
10,800
15,400
24,360

I

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$20,00·0
77,000
1,500
102,500
105,000
500,000
20,000
5,000
40,000
5,000
50,000
36,000
5,000
25,000
26,000
38,500
33,000
35,000
10,000
50,000
46,000
500
20,000
10,000
13,000
21,000

oo
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

- - - - -- - - --- -

$1,898,800 $2,150,240 00 $1,898,800 00

358

BANK COMMISSIONERS' REPORT.

Par Value.

Atlantic Nat'l B ank, Boston
Atlas 1. at' l Ba1Jk, Boston
.
Blacksto ne Nat'l Bank, Boston
Boylston Nat'l Ban k, Boston
Columbian Nat'l Bank, Boston
Continental Nat'l Bank, B oston
Eliot Nat'l Bank, Boston
Fa11euil Hall Nat'l Bank, Boston
First Nat'l Ban k, Bosto n
Free man's Nat'l Bank, Boston
Globe Nat'l Bank, Boston
Hamilton Kat'l B a nk, Boston .
H o·ward Nat'l Bank, B oston
l\larket Nat'l Bank, Boston
l\Iassachusetts Nat'l Ba nk, Boston
Merchants' t~at'l Ban k , Bos ton
Commerc e Nat'l B a 11k, Boston
North America Nat'l Ba11k, Boston,
Redemption Na,t' l Bank, Bos ton
RPpublic Nat'! Bank, Boston .
City Nat'l l3ank, Boston.
Eag le Nat'l Bank, Boston
Exchan ge N a t ' l Bank, Boston
Hide and Leath e r Nat'l l3'k, Boston ,
R eve re Nat'l Bank, Bos ton
Uni on Nat'l Bank, Boston
.
,vebs ter Nat'l Bank, Boston
New England Nat'l Bank, Boston
North Iat'l Ban k , Boston
Old Boston Nat'l Ban k, Boston
Second Nat'l Bank, Bo~ton
.
Shawm ut Nat'l Bank , Bos ton .
Shoe and Leath e r Na t ' ] B'k, Bosto n,
State Nat' l Ba11k. Bos ton
Suffolk N at' l Ba11k, Bo ·ton
Tremo11t Nat'l Ba nk, Bosto n
,v a hin g ton Nat'l Bank, Boston
Black. tone Nat' l Bank, Uxbridge
Fitchbnrg Nat'l Bank, .Fitchburg
Grafton Nat' ] Bank, Grafton .
La11ca t r Nat'l Bank, Lanca ter
L ic . te r Nat' l Bank, L eice t r
Millb11ry Nat'l Bank, Millbury
Oxford Nat'l Bank, Oxfo 1d .
onthhriu ge ~at'l B'k, · ntlibrido-e,
Third :N'at'l Ba11k, ~pri11 g field
Ware l\at'l Hanle \\ are .
.
'P nLrnl t at'l Bank, W or e t r
' itiz ns' Nat'J Ba.11k, \Vor e ter
CiL_y ~aL'l Bank. \\' r efiL r
J\1 ·ha11ic ' Nat ' l B,L11k, \\' r
t r .
Quin-;igamond Nat l B'k, W r e. t r,
\\" rr. . tc r ~at ' l Bank, \\'ore, t r

$5,400
37,500
13,800
1 ,400
5,400
12,000
9,000
2,000
25,000
17 .200
3,100
18 ,000
15 ,000
7,4 00
11 ,000
1:2 ,600
18 ,ll00
7,800
9,J00
21 ,000
20,800
11 ,000
4,900
30,800
37,500
7 ,100
30,000
19 ,900
4,700
3,2;j0
35, :W0
17 ,300
B,400
11, 300
3,400
15,G00
HJ,000
l ,0l)0
5, 100
4,500
:2,300
5,1'0()
10, ' 00
4, 00
3 000
20,000
00
2 ,100
2-1, '()()
:W,500
lJ,JU0
20,G0O

,·o,ooo

E!'timated
:Market Value

$8,262
46,875
15,870
1 ,792
7,722
14,160
10 ,800
2 ,680
51,7 50
20 ,468
3,441
22,140
lD,500
8,140
13,G40
18,:375
23,0-!0
8,970
12,555
27 ,5 10
26,41G
13,090
7 ,0:jG
36,344

45,750
10,SGJ
3:3, 760
29,250
6,G74
3,9o5
53, 150
21,970
15 . 140
14, 1:.?5
4, 11-1
lD.0J:2
2G,G00
1.2- 0
7,905
4,950
2,87,6,W-0
L,960
5,760
4 ,o:-o
33 000
960

7 ,9;3,_S,f:.0
· ;3,;3;r
1-- .4:2 '
:?:i,UT:2
10:.?. ,IUU

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

oo

00
00
00
00
00
00
00
00
00
00
00
00
00
00
0(
00
00
00
00
0
0ll
U0
110

[Jan.

Amount Invested.

$5,400
37,500
13,800
1 ,400
5,400
12 ,000
9,000
2,000
2!},000
17,:W0
3,100
18,000
15,000
7,400
11 000
12 ,500
18 000
7 00
9,300
21,000
20,800
11 ,000
4,900
30 800
37,500
7,100
30,000
19, 900
4.700
3,250
35,200
17,300
13,400

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

3,400
15,600
19 ,000
1,000
5 100
4 500
2,: 00
5,500
10. ·oo
4 00
3 ,000
20 000
00
- , 100

00
00
0
00
00
00

11,:wo oo

00

00

oo

00
00
00
00
00

n, oo oo

:2H .500 00
13.aoo oo
20,(iOO llll
0,000 00

PUBLIC DOCUMENT-No. 8.

1882.J

359

RAILROAD BONDS,

rnrVnlne.

.
.
.

Boston and Albany .
Boston and Maine
Fitchburg
.
Old Colo11y
.
Pro vi deuce and w·orcester
,vorcester and Nashua .

.

.
.

.

.
.
.
..

.

.
.

.
.

E ~timatecl

l\1 nrlcet Value.

$200,000 $245,300 00
30,000
38,100 00
30,000
39,300 00
154,000 192,500 00
6+,000
78,080 00
260,000 262,600 00
$738,000 $855,880 00

Amount Invested

$200,000
30,000
30,000
154,000
64,000
260,000

00
00
00
00
00
00

-----$738,000 00

360

BANK COMMISSIONERS' REPORT.

[Jan.

WORCESTER FIVE CENTS SAVINGS BANK - WORCESTER.
Incorporated April 1, 1854. Number of corporators, 303.
CLARENDON HARRIS, President.
Treasurer, GEORGE W. WHEELER.
STATEMENT.

LIABILITIES .

Deposits
.
.
Earnings nndivided
Guaranty fund .

ASSETS.

.
$2,301,853 95 1 Public funds
24,511 45 Loans on public funds
25,000 00 Bank stock .
.
.

- - -

$387,500
3,900
273,600
6,825
29,000
10,350
1,112,900
2,150

Loans on bank stock .
Railroad bonds .
.
.
Real estate by foreclosure .
.
Loans ou real estate .
Loans on personal security,
L oans to counties, cities, or
84,500
towns
.
.
.
.
412,061
Deposit in banks on interest,
2,089
Expense account .
.
25,000
Premium account
Cash on baud
• 1- ~489

00
00
00
00
00
00
00
00
00
71
60
00

09
$2,351,365 40

$2,351,365 40
1

Loans on Public Funds, amount on each: On $3,000 United States bonds .
On $1,000 City of Norwich bonds

$3,000 00
900 00

Loans on Bank Stock, amount on each: On 8 shares Central National Bank, Worces ter
On 15 shares Quinsigamond National Bank, Worcester
On 30 shares Worcester National Bank, Worcester
On 15 shares Grafton National Bank, Grafton .
On 5 shares Millbury National Bank, Millbury
On 5 shares Shawmut National Bank, Boston.
Cash on Deposit in Banks, amount in each: City National Bank, Worcester •
Quinsigamond National Bank, Worcester .
Maverick National Bank, Boston
Security National Bank, Boston
Wachusett National Bank, Fitchburg

00
00
00
00
00
00

• $112,061 71

no ooo oo
125, 00 00
40.000 00
25 00 00
1 ,%0 00
6,100 00
37, 12
102 (i!)

Amount of real estate held by foreclosure
A essed value of the same
Amount of income received from the ame
Amount of municipal tax on real estate •
Whole amount of interest or profit rec ived r a.rn
Rat.e a~1d amount of each mi-annual divid nd for}
pr vrnu year .
.
.
.
.
.
Time for the dividends fixed by th by-htw : Jan. l
Averarr annual pC'r ce nt of divicl 11Cl fol' tl , t<'nn
of and includ_inrr la t xtra <livid ·ntl: 6~ p r cent.

$600
1,500
2,500
1,225
500
500

d
2 p r cent
2p r
nt
and July I.

ndinrr n.t till\

• $ll5,750 41
. j 4 1,0GO 0
. 1 42,-101 5

361

PUBLIC DOCUMENT-No. 8.

1882.J

The total amonn t of loans, with each pecified rate of interest:
$347,0Gl.71, 4 per cent; $67,000, 4-½ pet· cent; $55,000, 4fcr per
cent; $595, 975, 5 per c nt; $557,!300, Gp r cent.
Number of outstanding loans which are of
amount not
exceeding $3, 000 each
. 481
Aggregate amount of the same •
$586,075 00
Number of open accounts .
9,914
Number and amount of deposits received for previous year, 7,799 403,686 18
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
• 354 196,941 78
Number and amount of withdrawals
4,257 332,661 28
Number of accounts opened the previous year.
1,564
Number of accounts closed the previous year .
. 987
Amount of expenses of the corporation during preyious year
5,279 29
Amount of treasurer's bond
20,000 00
Date of examination by commissioner: June 2.

an

PUBLIC FUNDS.

Par Value.

.

United States 4s
.
"
" 4½s .
"
" . 5s, continued
"
" 6s, continued

.

Estimated
Market Value.

Amount Invested.

.

$39,000
65,000
70,000
51,000

$45,288
73,450
71,400
51,510

75
00
00
00

$43,256
72,825
71,221
51,510

00
00
00
62

City and town bonds: .
City of Cambridge 6s
.
of Lowell 6s .
.
.
of Lynn 5s
of New London, Conn., 7s
of Newton 6s
of Salem 5s
.
of Springfield 7s
of Worcester 5s and 6s
.
.
Town of Brookline 7s

$25,000
27,000
5.000
14,000
25,000
3,000
12,000
46,500
5,000

$~5,750
30,510
5,050
18,900
31,250
3,030
16,680
50,775
6,650

00
00
00
00
00
00
00
00
00

$25,000
27,000
5,000
14,000
25,000
3,000
12,000
46,500
5,000

90
00
00
00
00
00
00
00
00

•.

.
.

.

.

.
.
.

.
.
.

.

$387,500 $430,243 15

$401,312 62

BANK STOCK.

.
.

Atlas :\Tat'l Bank, Boston
Blackstone N at'l Bank, Boston
City Nat' l Bank, Boston .
Commerce N at'l Bank, Boston
Commonwe~lth Nat'l Bank, Boston,
. .
Eagle N at'l Bank, Boston
:Eliot N at'l Bank, Boston
.
First Nat'l Bank, Boston
.
Fourth N at'l Bank, Boston
Globe Nat'l Bank, Boston
Hamilton N at'l Bauk, Boston .
Hide and Leather Nat'l B·k, Boston,

.
.

46

.

$5,000
8,800
2,500
4,400
8,000
10,000
12,200
6,700
2,500
10,000
5,000
16,400

$6,250
10,120
3,175
5,665
9,960
11,975
14,670
13,919
2,750
11 ,150
6,187
19,106

00
00
00
00
00
00
50
25
00
00
50
00

$5,000
9,693
3,003
4,400
9,103
10,000
12,593
6,700
2,683
11,000
5,000
17,983

00
75
13
00
75
00
75
00
13
00
00
25

362

BANK COMMISSIONERS' REPORT.
BANK

[Jan.

STOCK - Concluded.
E$tim ated
~la rke t Value.

Amoun t Invested

00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00

$10 000 00
1 296 00
5 000 00
00 00
21 121 50
10.GOl 2.-;J
5,000 00
7,072 50
5,000 00
1,712 00
16,195 87
11,817 50
7,000 00
700 00
26,800 0 0
6,400 00
13,900 00
2.000 00
5,000 00
5,000 00
3,000 00
10,700 00
3,000 00
5,000 00
2,500 00
1,000 00

$273,600 $327,166 75

$284,787 38

Pa r Va lue.

.

Howard Nat'l Bank, Boston
.
l\Iarket Nat'l Bank, Boston
l\lerchants' Kat'l Ba nk. Boston
North Nat' l Bank , Boston
North Am eri ca Nat'l Ba11k, Boston.
Pacific ~at'l Ba11k, Bost on
Shawmut Nat 'l Bank, Boston .
Shoe. and Leather Nat'l B'k, Boston,
State ~ at'l Bank, Boston
.
Third Nat'l Bank, Boston
.
Traders' N at'l Bank, Boston .
,vebster Nat'l Bank, Boston
Central Nat'l Bank, Worcester
Citizens' Nat'l Bank, Worcester
City N at' l Bank, Worcester .
Mechanics' Nat'l Bank, ·w orcester .
Quinsigamond Nat'l B'k, Worcester,
Worcester Nat'l Bank, Worcester
.
First Nat'l Bank, Leominster .
Grafton N at'l Barik, Grafton .
Leicester N at'l Bank, Leicester
Millbury Nat'l Bank, Millbury
Northborough Nat'l B'k, Northboro',
Spencer N at'l Bank, Spencer .
,vachusett Nat'l Bank, Fitchburg .
,vestminster Nat'l B'k, Westminster,

.

.

.
.
.

$10,000
1,200
5,000

bOO
18,500
10,000
5,000
6,300
5,000
1,600
15,700
11,000
7,000
700
26,800
6,400
13,900
2,000
5,000
5,000
3,0J)O
10,700
3,000
5,000
2,500
1,000

$13,125
1,329
7,300
1,1M
21,~75
10,550
6,375
7,11 9
6,275
1,70±
16,014
12,265
9,100
770
29,480
7,040
15,568
2,240
5,750
6,000
3,600
13,375
3,450
5,400
5,000
1,000

RAILROAD BONDS,

·worcester and Nashua-5s

$29,000

$30,200 00 L $29,000 00

363

PU BLIC DOCUMENT- No. 8.

1882.J

WORCESTER MECHANI CS' SAVING S BANK - WOROE TER.
Incorpor ate¢!. April 15, 1851. Number of orporat,ors, 102.
H ARRISON

BLis , P 1·esiclent.

Tl'easurer,

HENRY W OOD WARD.

S T A T EMENT.

ASSETS,

LI ABILITIES.

$3,202 ,20:l 77 1 Publi c funds
38,427 7!:> Ba11k stoc k .
.
38,388 18 Loa11 s on h a 11 k stock

D eposits
.
.
E a rnin gs undi vided
G n a r a uty fund .

R a il road uollll s .
.
.
R eal estate h y forf'closure .
Loa n s on real estate .
.
L oans ou perso nal security ,
Loans to counties , citi es, Qr

towns.

.

.

.

.

D eposit in banks on interest,
E x pense acc ount.
Su spen se account
Premium a cco unt
Cas ll on band

---1
$3,279,109 74

$ Ci:lfl ,ouo 00
2uJ ,'.WO 00
~,7!15 00
71,500 00
51 ,309

m

1,21i0,41 2 56
3G5,447 34

54,000 00
509,4B4 46

3,120 16
7,712 1~
40 ,2-'Hl 89

7,868 23
$ 3,279,109 74

1

Loans on Bank Stock, amount on each: On 15 shares City National Bank, Worcester
On 4 sllares Leicester National Bank.
On 4 shares Central National Bank, Worcester, and 5 shares Leicest er Na tional Bank .
On 28 shares First ~ational Bank, Worcester .

$495 00
300 00
500 00
2,500 00

Cash on Deposit in Banks, amount in each: National Bank of Commerce, Boston
Mechanics' National Bank, Worcester
Maverick Natioi1al Bank, Boston
City National Bank, Worcest er .
Quinsigamond National Bank, Worcester .
Wachusett National Bank, Fitchburg

$5
272,142
117,346
45,000
50,000
25 ,000

33
40
73
00
00
00

Amount of real estate held by foreclosure
Assessed value of the same
Amount of ilicome received from the same
Amount of municipal tax on real estate .

$51 ,309
49,500
1,320
764

97
00
00
96

Whole amount of interest or profits received or earned
$159,470
Rate a_nd amount of each semi-annual dividend for} 2 per cent . { 58,273
prev10us year .
.
.
.
.
.
.
• 2 per cent .
60,032
Times for the dividends fixed by the by-laws: January and July.
The total amount of loans, with each specified rate of interest:
$150,000, 3½ per cent; $88,798.09, 4 per cent; $50,000, 4-½ per cent ;
$462,180, 5 per cent; $932,676.81 , 6 per cent.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
479
Aggregate amount of the same .
618,208

15
66
12

20

364

BANK COMMISSIONERS' REPORT.

[Ja.n.

Number of open accounts .
6 571
Number and amount of deposits received for previous year, 3,613 -167,366 76
Number and amount of deposits of and exceeding $300 at any
one time for the previous year
. 493 2 2,2 3 62
Number and amount of withdrawals
3 426 393,643 08
Number of accounts opened the previous year.
91
Number of accounts closed the previous year .
. 642
Amount of expenses of the corporation during previous year
8,107 59
Amount of treasurer's bond
20,000 00
Date of examination by commissioner: June 3.
PUBLIC FUNDS.

Par Value.

.

.

.

City and town bonds: City of Worcester 5s
of Providence 4½s .
.
of Springfield 7s
of Cambridge 6s
.
of New London 7s .
of Fitchburg 6s
of Augusta, Me., 6s
of Portsmouth, N.H ., 6s .
.
of Norwich, Conn., 5s
.
Town of Brookline 7s

.

United States 4-½s
"
4s
"

.
.

.
.
.

.

.
.
.
.
.

.

.
.
.
.

Estimated
Market Value.

I
$155,000 $173,600 00
188,000 217,080 00
$100,000 $109,000 00
79,000
84,925 00
34,000
47,600 00
25,000
27,500 00
20,000
27,000 00
10,000
12,000 00
11,000
12,110 00
5,000 00
5,000
5,500 00
5,000
9,450 00
7,000

- - --

$639,000 $730,765 00

Amount Invested.

$155,000 00
188,000 00
100,000
79,000
34,000
25,000
20,000
10,000
11,000
5,000
5,000
7,000

00
00
00
00
00
00
00
00
00
00

$639,000 00

BANK STOCK.

Boylston Nat'l Bank, Boston .
Revere N at'l Bank, Boston
North Nat'l Bank, Boston
.
Hide and Leather Nat'l B'k, Boston,
Boston Nat' l Bank, Boston
Eliot Nat'l Bank, Boston
.
Redemption N at' l Bank, Bo ton
City Nat'l Bank, Bo ton.
Traders' Nat'l Bank, Boston
Republic at'l Bank, Bo ton .
Market at'l Bank, Bo ton
uffolk at'l Bank, Bo ton
Merchant ' Nat'! Bank, Ilostou
Commerce Nat'l Bank, Bo ton
M chanics' Nat'l Bank, ·w ore r-;t r
,vorceet r Nat'l Bank, W r e t r
CiLiz n ' Nat'l Bank, Worce t r
Central Nat'l Bank, \V r e ter
iLy Nat'l Bank, ,vorc ter

$4,000
16,000
10,000
17,100
11,300
8,600
5,000
10,000
5,500
3,400
10,000
5,900
7,000
17,000
35,40
9,fOO
11 ,500
,40v
1 ,000

$5,120
18,300
14,212
19,9:21
14,464
10,341
6 750
12,700
5,6 10

00
00
50
50
00
50
00
00
00

4 46-1 00

10 or
7,19
10,:..:n
21. 7
40,7 10
11 , 7

oo
00

50
50

00
Ol)
() 00

12,
11,9:20 ();)

19,080 00

$-!,000
16.000
10.000
17 ,100
11,300
,600
5,000
10 000
5,500
3,400
10,1'00
5,900

00
00
00
00
00
00
00
00
00

00
00
()()

7,000 OU

17,000 ()I)
3- ,400 110

9 .500

()I)

11, 5()()

uo

·,·100

(10

1 ·,uou ou

1882.J

PUBLIC DOCUMENT-No. 8.

365

BANK STOCK - Concluded.
Par Value.

. .

First N at'l Bank, Worcester
Quinsigamond Nat'l B'k, Worcester,
First Nat'l Bank, Leominster .
.
Westminster Nat'l B'k , Westminster,
Grafton N at'l Bank, Grafton .
Millbury Nat'l Bank, Millbury
Southbridge Nat'l B'k, Southbridge,
Franklin N at'l Bank, Franklin
First N at'l Bank, Clinton
.
·wachusett N at'l Bank, Fitchburg

.
.

$1,200
1,600
10,000
2,000
11,400
4,300
3,500
5,100
1,000
11,500

Estimated
Marltet Value.

$1,680
1,840
11,200
2,000
12,540
5,375
4,725
5,355
1,120
21,275

00
00
00
00
00
00
00
00
00
00

$265,200 $325,746 50

Amount Invested.

$1,200
1,600
10,000
2,000
11,400
4,300
3,500
·5,100
1,000
11,500

00
00
00
00
00
00
00
00
00
00

$265,200 00

RAILROAD BONDS.

.

Boston and Albany 7s
Worcester and Nashua 5s

.

.

.

$20,000
51,500

$25,400 00
51,500 00

$20,000 00
51,500 00

$71,500

$76,900 00

$71,500 00

366

BANK COMMISSIONERS' REPORT.

[Jan.

WORCESTER NORTH SAVINGS INSTITUTION-FITCHBURG.
Iucorporated May 2G, 186 . Nttm ber of corporator , 102.
BE~JAMrn SNOW, P resident .
Tl'easurer, HE:-.RY A. WILLIS .
STATE~ENT.

LIABILITIES.

Deposits
.
.
Earnings nudivided
Guaranty fund .

ASSETS,

$ 1,779,503 13
15,525 50
24,56ti 63

Pnhlic funds
.
.
L,,a ns ou public funds
Bank st.ock .
.
.
Loans Oil hank stock .
.
.
Railroarl bonds .
Real estate by foreclosure .
Loans on real estate .
.
Loans on personal secnrity,
L oans to counties, cities, or
towns.
.
.
.
.
Deposit in banks Oil intere t,
Expense account.
Cash on I.land

$ 1,819,685 2ti

2a,am M

780,~73 92
367,035 03

15 ,022 95
2-1,000 00
1,-13 19
1, lU;i 11

'·500 00

L oans on Bank Stock, amount on each: On 13 shares Rollstone National Bank, Fitchburg •
On 90 shares Wachusett National
. Bank, Fitchburg, and other collateral
On 25 sh ares Fitchburg National Bank
On 10 shares Safety Fund National Bank, Fitchburg
On 8 shares Agricultural National Bank, Pittsfield, and 11 share
Pittsfield National Bank

.

Amount of real estate held by foreclo nre
A ·esseu value of the same
Amount of income received from the ame
Amount of municipal tax on real e Late .

86
00
37
00
29

$ 1,81!l,Go5 2G

L oans on Public Funds: On $500 Un ited States 4s, consols, 1907

Cash on Deposit in Banks, amount in each: Holl tone National Bank, F itchb urg .
First National Bank, L eominster

$309,(i23
500
103.7U0
Hi,000
8-1,408

$1 300 00
10 000 00
2,000 00
00 00

1,!'.l O 00
$9,000 00

r ooo oo

$23,3H7 54
23,100 00

1..JH ;L
415 "'O

$ :.. -!53
Whole amount of inter t or profit r
iv d r arn d
Rate a_ncl amount of each emi-annual dividend for} 2¼ p r cent . { · 4,136
32,72
.
.
.
.
.
. 2 p r c nt .
prev10u year .
Time for the <livid nd fixed IJy th by-law : Jan. 1 and Jul
The total amount of loan, , with ea h p
f int
. · G 500, 4 per cnt; :·52,000, ..J..: pC'r c·rnL' ' 0,:-00, -It p r
$-1:3 ,000, . J f per nt; $230,0,'5-UO, 5 p 1· crnt.; $'1<i,-IOO, ,)½pt'!' cnt·
.J;nr;, 177.70 0 per rrnt; $!.J:1, 2:\ (l ~ prr ce nt ; $:l9,:l7::i 71 r C' nt..
Numb r of ont,stm1clino- loan-, whi h ar of an amount not
exec rlinO'. ·:1,000 a h
3; 0
.A"'o-r rrate a111ount of Lb . a m
36 24
Amou nt of inv tm nt. fr m which no in
r ceiv d
J 46
Numb r of op n ac ount .
4,644

9

01
5

92
07

1882.J

PUBLIC DOCUMENT- No. 8.

367

Number and amount of depo it received for pr viou year, 3,600 . 309,027
Number a nd amount of depo it of anu excceuing :u;300 at any
one time for the previous y ar
. 3 5 22-1,014
Number and amount. of withdrawal
2,1 'O 261, 41
Number of accounts opened the previou year.
10 2
Number of acco unts clo eel the previous year .
496
4, 766
Amount of expenses of the corporation during previous year
20,000
Amount of treasurer' bond
Date of examination by com mi sioner : June 24.

05
50
09

47
00

PunLrc FUNDS.

E~timated
Market Value.

Amount Invested.

$45,000
55,000

$45,450 00
55,975 00

$46,668 43
57,193 43

$30 ,000
20,000
20,000
20,000
20,000
20,000
15,000
10 ,0UO
10,000
10,000
10,000
10,000

$32,700
2:3,640
25.000
27,000
20,4UO
22,500
17,750
11 ,600
10,SUO
11,000
11,100
10,900

$31,400
22,600
21,300
22,400
20,261
20,650
15,5!):3
11 ,000
10,000
10,300
10,107
10,150

Par Value.

United States 6s, continued
"
" 5s, continued
City and town bonds: City of Uoston
.
of Sprin gfield .
of New Bedford
of Norwich, Conn . .
of Providence, R.I. .
of Fall Ri ver
of Portland , l\'Ie.
of .Fitchburg
of Lewiston, Me. .
.
of Lynn
Town of Danvers
of Wayland

.

.
.

.

.

.

.

.
.
.
.

.
.
.
.

.

.

.

.

.

00
00
00
00
00
00
00
00
00
00
00
00

$295,000 $325,815 00

00
00
00
00
00
00
00
00
00
00
00
00

$309,623 86

BANK STOCK.

Rollstone Nat'l Bank, Fitchburg
.
Bost on Nat'l Bank, Boston
First Nat.'l Bank, Leominster.
City Nat'l Bank, Boston .
Atlas Nat' l Bank, Boston
Commerce Nat'l Bank, Boston
·w ebster Nat'l Bank, Boston .
Merchants' N at 'l Bank, Boston
Eagle Nat'l Bank, Boston
Blackstone Ni:it' l Bank, Boston
Continental N at'l Bank, Boston
Tremont Nat'l Bank, Boston
Fa11euil Hall X at'l Bank, Boston

.

..
.
.

.

$11,500
10,000
10,000
10,000
10,000
10,000
5,000
5,000
5,000
5,000
5,000
5,000
1,500

$18,400
12,800
11 ,000
12,700
12,500
12,800
5,587
7 ,300
5,987
5,750
5,925
6,125
2,017

00
00
00
00
00
00
50
00
50
00
00
00
50

$93,000 $118,8[)2 50

$16,996
9,000
10,000
10,689
10,962
10,487
5,000
6,390
5,200
5,406
5,687
6,100
1,871

00
00
00
00
62
50
00
25
00
25
50
00
25

$103,790 37

RAILROAD BONDS .

Vermont and Massachusetts

$33,000

$38,260 00

$34,408 29

368

SAMUEL

BANK COMMISSIONERS' REPORT.

[Jan.

W0R0N0C0 SAVINGS BANK - WESTFIELD.
Incorporated 1871. Number of corporators, 26.
HORTON, President.
Treasurer, CHARLES L.

WELLER.

STATEMENT.

LIABILITIES.

Deposits
Earnings undivided
Guaranty fund .

..

ASSETS.

$656,236 90
13,9!:)9 59
7,534; 26

-----

..
. .
.

Public funds
Loans on public funds
Bank stock
Loans on bank stock .
Real estate by foreclo ure
Loans on real estate
Loans on personal security,
Loans to counties, cities, or
towns.
Deposit in banks on interest,
Expense account .
Cash in bank

. .

.

$677,770 75

42,000
75,838
6,233
6,734

00
94
20
21

$1,000 00
I

Cash on Deposit in Banks, amount in each: Suffolk National Bank, Boston •
Ilampden National Bank, Westfield .
Amount of real estate held by foreclosure
Assessed value of the same
Amount of income received from the same
Amount of municipal tax on real estate •

44
00
00
00
00
22
74:

$677,770 75

Loans on Public Funds : On $1,000 United States 4s .,
Loans on Bank Stock: On 24 shares Hampden National Bank

$199,138
1,000
5,9\:15
1,325
2,100
299,337
38,068

$1,325 00
•

$75 83 94
6,734: 21
$2,100 00
1,900 00
131 00
49 82

Whole amount of interest or profits received or earned •
• $33 993
Rate and amount of each semi-annual dividend for ~ 2 per cent . { L,613
11,066
previous year .
.
•
.
•
.
.
l 1¾ per cent
Times for the dividends fi xed by the by-laws: January and July.
The total amount of loans, with each specified rate of interest:
$44,400, 5 per cent; $337,330.98, 6 per c nt.
Number of outstanding loans which are of an amount not
exceeding $3,000 each
. 160
194,000
Aggregate amount of the same •
Number of open accounts .
15 7
Number and amount of deposit received for previou year, 1,140 136,567
umber and amount of deposits of and ex ecding $800 at any
5,0:33
one time f r the previou year
• 106
126,0 7
umber and amount of withdrawals
7
umber of a count opened the previou year
2,33
umber of account clo erl the previ u year .
• 234
950
Amount of exp n e of the corporation dnrin<T previou year .
Amount of trea, urer' b nd
15,000
Date of examination by commisioner: July 13.

72
50
69

46
5....

75
40

30
00

369

PUBLIC DOCUMENT-No. 8.

1882.J

P UBLIC FUNDS.

.

.

United States 4s
,, 4½s .
.
"
5s,
continued
"
"

.
.

.

.

Par Value.

EstlmMed
Market Value.

Amount Invested.

$56,000
105,000
30,000

$65,030 00
118,650 00
30,600 00

$56,831 25
110,441 57
31,865 62

$191,000 $214,280 00

$199,138 44

BANK STOCK.

Hampden N at'l Bank, W est:field
47

$4,000

I

$5,800

oo

$5,995 00

·370

BANK COMMISSIONERS' REPORT.

[Jan.

AGGREGATE STATEMENT.
LI ABILITIES.

D eposits
Surplus
.
.
Guaranty fund.
Sundries .

$230,444,479
4,890,600
3,341,062
260,596

.ASSETS,

10
67
35
66

Public Fnnds: United States bonds
State, county, city, and town
bonds .
.
.
.
.
Loans on public funds •
.
Bank stock
•
.
Loans on bank stock
Railroad bonds
.
•
Real estate by foreclosure
Real estate for banking purposes
•
.
Loans on mortgage of real
estate
.
.
.
.
.
Loans on personal security .
Loans to counties, cities, or
towns .
.
.
.
Deposits in banks on interest,
Sundries * .
•
.
Cash on hand
•
•
•

$238,936,738 78

Whole amount of interest or profits received or earned
Percentage of earnings to tot~l assets •
2
4
3
4

$22,025,197 16
17,407,423
1,558,780
24,937,671
1,003,439
7,802,403
8,052,450

68
00
02
53
05
79

2,546,902 85
82,518,068 04
48,349,666 59
8,684,666
11 ,770,415
1,218,003
1,061,651

39
27
35
06

$238,936,738 78

• $12,285,345 35
5}

Rate of Ordinary Dividends paid by 162 Banks: at 2 per ct.t (1 dividend each ). 110 at 4 per ct. 1 at 4¾ per ct.
at 3 per ct.
8 at 4¼ per ct. 7 at 5 per ct.
at 3½ per ct.
23 at 4½ per ct. 3 banks paid no dividend.t
at 3¾ per ct.
·

Amount of
$65,000.00,
256,941.24,
738,177.00,
389,500.00,
150,000.00,
9,431,500.00,
27,000.00,
1,662,000.00,
1 0,000.00,
13,409,615.52,
50,000.00,
1,095,484.79,

loans, with specified rates of interest: 2 per ct.
$50,000.00, 4-.A}u per ct. $53,637,622.57, 6
per
2½ per ct.
20,000.00, 41\!6 per ct.
44,600.00, 6¼ per
3 per ct. 13,790,607.74, 4½ per ct,
40 000.00, 6i1J'lf per
3¼ per ct.
25,000.00, 4l per ct.
6,132 949.1 6½ per
3% per ct.
55,000.00, 41¼ per ct.
229,000.00 G1%- per
3½ per ct.
1,222,100.00, 4¾ per t.
2,700.00 64 per
3! per ct. 30,137, 3S.29, 5
per ct. 11,199 0 2.19, 7
per
3¾ per ct.
206,294.23, 5¼ I er ct.
483 069.00, 71%- per
31 per ct.
30,000.00, 51 per ct.
616 459.19, 7½ per
4 per ct.
4,311,225.70, 6½ per ct.
415 172.72 8
per
4k per ct.
301,000.00, 6! per ct.
51,500.00, 9
per
4¼ per ct.

ct.
ct.
ct.
ct.
ct.
ct.
ct.
ct.
ct.
ct.
ct.

"' Thls item includes loans on railroad stock, accrued interest, premium and expense accounts,
etc.

t Of these banks one was temporarily enjoined, and in one payments to depositors were
limited.
t Of these banks two were temporarlly enjoined, and one waa organized during the prevloua
year.

1882.J

PUBLIC DOCUMENT-No. 8.

Aggregate amount of ordin ary di vidends for the previous year •
Average rate of ordinary dividends for the previous year: 4 per
cent.
Number of outstanding loans which are of an amount
not exceeding $3,000 each .
32,777
Aggregate amount of the same
Number of open accounts
738,951
Number and amount of deposits received for previous
year
615,514
Number and amount of deposits of and exceeding $300
at any one time for the previous year
36,604
Number and amount of withdrawals •
419,959
Number of accounts opened the previous year •
118,381
Number of accounts closed the previous year
86,991
Amount of expenses of the corporations the previous year

371
$8,293,774 37

34,020,584 95

48,223,496 86
20,753,979 53
40,212, 786 44

617,672 51

COM PAR ATI V E A GGR EGATES.
1880.
One hundred and
sixty-four
Savings Banks.

..

706,395
. . . . .
$218,047,922 37
532,594
.
43
. .. .. . .. .. . . $42,751,557
32,570
$18,301,375 81
389,775
.
.
.
$34,403,428 23
.
109,030
. .. . .
75,573
.
.
$4,758,194 88
.
.
.
2,(i70,152 85
. ..
. 37,865,057
83
.. .. .
2,160,783 00
2-l,078,448 84
894,822 70
. . . . ... . .. 16,25(i,
776 !J8
7,0ll,550 72
.
.
.
2,584,022 44
. . .
9,222,345 71
.
.
82,431,!J84 23
.. .
9,248,8-18 62
.
.
30,737,205 39
. .
..
1,6G4,4!JO 95
. ..
.
3.93 per cent.
.
$ 11,8H4,710 60
.
. .. . .
7,957,887 09
.
32,320
.
. . .
$34,203,951 81
.
581,274 35
.
. . . .

:rumber of open accounts .
Amount of deposits .
.
.
. .
,. umber of deposits during the year preceding
Amount of the same .
. . . . .
.
Number of deposit received during the year of and exceeding $300 at one time
Amount of the same .
.
.
.
.
.
.
.
.
.
.
.
.
umber of withdrawals luring the year
Amount of the arne .
.
.
.
.
umber of accounts opened during the year .
umber of accounts closed during the year •
Amount of surplus on liand
Amount of guaranty fund
Public funds
.
.
Loan on public funds .
Bank stock
Loan on bank stock .
Deposits in banks bearing interest
Rai Iroad bonds .
.
ln,e ted in real e tate
Real e tate by foreclosure .
Loan on mortgage of real estate
L oan to counties, cities, or towns
Loans on personal security
.
.
Cash on hand
.
.
.
. . . .
Average rate of ordinary lli vidends for last year
Aggregate amount of earnings .
.
.
Aggregate amount of ordinary diviclends
.
.
.
umber of out tanding loans not exceeding $3,000
Amount of the same .
.
.
.
.
.
•
Annual expenses of the in titutions
.

.

. . .
.
. .
.
.
. .
.
.
.

.

1881.
One hundred and
si;xty-flve
Savings Ba nks.

Increase.

738,951
32,556
$230,444,479 10 $12,396,556 73
615,514
82,920
$48,223,4!)6 86 $5,471,939 43
36,604
4,034
$20, 75:3,979 53 $2,452,603 72
419,959
30,184
$40,212,786 44 $5,809,358 21
118,381
9,351
86,991
11,418
$4,890,600 67
$ 132,405 79
3,341,062 35
670,909 50
39,432,620 84
1,567,563 01
1,558,780 00
24,937,671 02
859,222 18
1,003,439 53
108,616 83
11,770,415 27
7,802,403 05
790,852 33
2,546,902 85
8,052,450 79
82,518,068 04
86,083 81
8,684,666 39
48,349,666 59 17,612,461 20
1,061,651 06
4 per cent.
07 per cent,
$12,285,345 35
$3!:J0,634 75
8,293,774 37
335,887 28
32,777
457
$34,020,584 95
617,672 51
36,398 16

Decrease.

--

--$602,003 00
-

-

4,486,361 71

-

37,119 59
1,169,894 92

-

564,182 23
602,839 89

183,366 86
-

'"
00

.l~

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BANKS IN THE HANDS OF RECEIVERS.
,

375

PUBLIC DOCUMENT-No. 8.

J an. '82.J

B ARNSTABLE S AVI "GS B ANK - BARNSTA BLE .

Incorporated J an. 29, 1831; perpetuall y enj oi ned by decree of Supreme Judicial
Court May 23, 1878.
GusTAvus A. H I NCKL EY, S AMUE L SNow, Receive1·s.
STATEM E NT,

LIABILITIES,

Deposits

. .

.

I
$429,791 52

.A SS ETS,

. .

R eal estate
Real estat e aqcnired by
foreclosure
Mortgage loans
Personal loans
Profit and loss
Deposits in national banks,
Cash on hand

. ..

.

--~-$429,791 52

.

.

$4,000 00
142,620 87
180 43
63,416 79
172,713 48
35,568 51
11,291 38

-

$429,791 52

Amount of assets delivered to the receivers •
• $1,274,040 81
Date of delivery: June 11, 1878.
Amount due depositors at time the bank was placed in hands of
receivers
1,291,302 05
Corrected amount
• 1,287,614 04
Further corrected (by amount set off under statute, 1878, chap.
261)
• 1,286,407 94
Date, percentage, and amount of dividends allowed by the Supreme Judicial Court: Oct. 15, 1878, 25 per cent, $-321,893.72 ;
July 2, 1879, 25 per cent, $321,893.72; Oct. 11, 1880, 10 per cent,
$128,749.88; September, 1881, 10 per cent, $128,629.28.
320,924 58
320,500 51
Amount of each dividend paid to date •
125,645 30
89,544 91
Number of open accounts
3,228
Number and amount of open accounts on which no dividend has been claimed or paid
38
2,670 52
Estimated amount to be realized from remaining assets applicable to payment of dividends
160,000 00
Amount of each class of assets disposed of to date, and
amount of profit or loss on each: bank stock, $249,065,
profit, $564.54; city and town bonds and notes, $47,553.12,
loss, $271.87; real estate, $248,276.33, loss, $29,163.78; mortgage loans, $554,013.82, loss, $131,803.47; personal loans,
$163,747.10, loss, $12,769.80.
Amount of expenses of receivership to date •
10,155 53
Date of examination by commissioner : July 1.

376

BANK COMMISSIONERS' REPORT.

[Jan.

DORCHESTER SAVfNGS BANK- BOSTON.
Incorporated 1853; perpetually enjoined by decree of Supreme Judicial Court
Feb . 26, 1878.
RICHARD C. H UMPHREYS , J. FRAN K POPE, R eceivers .
STATEMENT •

.Amount of assets delivered to receivers •
Date of delivery: March 1, 1878.
Amount due depositors at time the bank was placed in hands of
receivers.
Percentage and amount of dividends allowed by Supreme
Judicial Court*
92-fcfoBalance now due depositors t .

$412,124 27

398,161 65
368,883 87
1,038 29

* Final

dividend allowei Oct. 1, 1880.
This balance has since b een d eposited with the treasurer of the Commonwealth agreeably to
the provisions of chap. 70 of the Acts of 1881.

t

HYANNIS SAVINGS BANK - HYANNIS.
Incorporated April, 1868; perpetually enjoined by decree of Snpreme Judicial
Court, Sept. 11, 1878.
JOSEPH R. HALL, FRANK THACHER, Receive1·s.
STATEMENT.

ASSETS,

LIABILITIES.

Deposits

$200,596 97

$14,391 88

Mortgage loa ns .
.
Real esta te acquired by
foreclosure
P ersonal loa ns
Suspense acco unt
Profit a nd los
•
.
Shavnnut National Ba nk
Fir, t National Bank
Cash

45,386 12
4,104 89
300 00
74,!156 67

40,0o5 30
20,556 92
835 19
$200,596 97

$200,596 97

Amount of assets delivered t o the receivers •
•
Date of d elivery: Sept. 16, 1878.
Amount due depositors at time the bank was placed in hand of
receivers
Date, perccntag , and amount of dividend allow cl by upr me
Judicial Court: Jan. 8, 1879, 25 per c nt, '131154.20; ept. 25,
1879, 25 per cent, $131,154.26; May 22, 18 O, 1:..t 1 r cent,
$G5, 577 .13.
Amount of each dividend paid to date

$529,058 64

.!

524,017 05

180,0~5 50
129 943 50
64,020 08

377

P UBLIC DOCUMENT- No. 8.

1882.J

Number of open accoun ts
1,584:
Number an d amount ot' open accounts on which no dividen d h as been claimed or pa id
44
E stimated amount to be r ealized from remaining assets applicable to payment of dividen ds, etc.
A.mount of each class of ftSSets disposed of to date, an d
amount of profi t or loss on each: ban k sto ck, $ l25,210. 50,
loss, $32, 551. 51; bon ds, $31,301. 25, profi t, $254.07; personal
loans, $100,381. 80, loss, $21,938.43; mortgage, $ 121,371.17,
loss, $5,471. 61; real estate, $82,623.01, loss, $35,385. 55.
A.mount of expenses of receivership to date .
Date of examination by commissioner: July 1.

$4,410 04
82, 000 00

6,269 93

LANCASTER SAVIN GS BANK - LANCASTER.
Incorporated 1845; perpetually enjoined b y decree of Supreme Judicial Court
. Dec. 30, 1875.
WILLIAM

H. McNEIL,

ELISHA BRIMHALL, BENJAMIN SNOW,

Receivers.

STATEMENT.

LIABILITIES ,

Deposits
.
.
Dividends unpaid

ASSETS,

$451,417 50

3,392 24

Loans on real estate
Real estate acquired
Profit and loss
Cash

$18,000 00
245,400 00
168,429 40

22,980 34

$ 454,809 74

$454,809 74

A.mount of assets deliv ered to the receivers •
• $1,030,523
Date of delivery: Jan. 1, 1876.
Amount due depositors at time the bank was placed in hands of
receivers.
973,390
Date, percentage, and amount of dividends allowed by the Supreme Judicial Court: June 10, 1876, 33½ per cent, $324,463.45;
Nov. 19, 1877, 10 per cent, $96,732. 32; Oct. 29, 1878, 10 per cent,
$96,732.32.
323,514
A.mount of each dividend paid to date •
.
95,948
95,072
Number of open accounts
2,397
Number and amount of open accounts on which no dividend
has been claimed or paid
28
2,765
Estimated amount to be i ealized from remaining assets applicable to payment of dividends
75,000
A.mount of each class of assets disposed of to date, and
amount of profit or loss on each: -bank stock, $76, 300, profit,
$15,559.50; loans on bank stock, $2,000; loans on public

l

48

27

36

89
13
83

68
00

378

[Jan.

BANK COMMISSIONERS' REPORT.

fund, $1,075; lo:ins on railroad stock, $1,092, loss, $366. 75; loans
on mortgage of real estate, $338,706.27, loss, $70,60-1.18; loans
on personal security, $290,850, loss, $126,889.37; loans on railroad bonds, $31,500, los!!, $20,326.92•
.A.mount of expenses of receivership to date: viz., receivers,
$10,757.99; advertising, $529.09; stationery, $17 1. 37; rent, $250;
commissions, $600.53; insurance, $1,633.63; engineers, experts,
etc., $171.43; expenses of real estate, $4,206.34; clerical expenses, $2,964.66; taxes, $9,135.42; recording and conveyancing,
$256.80; legal expenses, $2,474.41
Date of examination by commissioner: Dec. 6.

$33,151 67

LEXINGTON SAVINGS BANK-LEXINGTON.

Incorporated March, 1871; perpetually enjoined by decree of Supreme Judicial
Court Dec. 13, 1878.
GEORGE W. ROBINSON, Receive1·. ·
STATEMENT.

LIABILITIES,

Due depositors •
Surplus

.ASSETS,

$24,443 17
7,891 15

Mortgage loans .
.
.
Loans on personal security,
Real estate acquired by
foreclosure
.
.
.
Real estate acquired by
pm·cbase .
.
.
.
Cash on hand and in bank .

$3,600 00

39 79

21,100 00

431 89
7,162 61

$32,33-! 82

$32,334 32

.A.mount of assets delivered to the receiver
Date of deli very: Dec. 24, 1878 .
.A.mount due depositors a t time the bank was placed in hands of
receiver .
Date, percentage, and amount of dividends allowed by the Supreme Judicial Court: December, 1 7 , 25 per cent, $23, 05.63;
.August, 1879, 25 per cent, $23,805.63; February, 1 80, 25 per
cent, $23,805.63.
.A.mount of each divid end paid to date

•

$101,209 89

·l

Number of open accounts
. 473
Number and amount of open accounts on whi h no dividend
has been claimed or paid
Gl
Estimated amount to be r alized from remaining as et applicable to payment of cliviclencls
Amount of each class of a set di po eel of t elate, and
amount of profit or lo on a h: mortgage loan , $30,700,
at par; loans on personal curity, $21,750, profit, $200; on
sale of real estate acquired by foreclosure, profit, $150.
.A.mount of expenses of receiver hip to date .
Da.te of examination by commissioner: Aug. 15.

95,222 52

23,667 57
23,633 65
23,47 23

4 7 2
29,562 04

865 82

1882.J

379

P UBLIC DOCUMENT - No. 8.
MECHANICS' SAVINGS BANK - BOSTON.

Incorporated Ma rch 30, 1874; perpetuall y enjoin ed by decree of Supreme Judicial
Co nrt Feb. 1, 1877.
G EORGE R. D WELLEY, J ORN

F.

COL B Y,

Receiver,s.

S TATEMENT.

Amount of asset s delivered t o the receivers
•
Date of delivery: F eb. 21 , 1877.
Amount due d epositors at time the ba nk w as placed in hands of
the receivers •
Percentage and amount of dividends allowed by S upreme Judicial Court: 72¼per cent *
Balance now due depositors

*

$421,960 33

428,934 92
309,f502 45
833 50

Final di vidend allowed May 9, 1879.

MERCANTILE SAVINGS INSTITUTION - BOSTON.
Incorporated 1861 ; perpetually enjoined by decree of Supreme Judicial Court
Feb. 20, 1878.
ALVAH A. BURRAGE, HENRY G . CROWELL, ALPHONSO

J.

ROBINSON,

Rece-ivers.

STATEMENT.

LIABILlTIES.

ASSETS.

II
To depositors, after
fourth dividend
. $1,154,321 18
To balance first dividend unpaid .
.
2,657 74
To balance second
dividend unpaid
.
1,569 38
To balance third dividend unpaid .
.
3,092 95
To balance fourth dividend unpaid .
.
8,363 74
To persons at present
unknown.
.
.
330 60
To excess from sales
135 92
of mortgaged estates,
5,425 00
To suspense account •
To capital stock .
.
205,200 00
To dividends on capital stock .
•
1,793 79
To rent account •
80 70
$ 1,382,971

oo I

Balance J. A. McNabb's
note, new .
.
.
.
Summer-street lease acc't,*
Ba nk furniture .
•
.
Estates owned by the institution.
.
.
•
•
Expenses on mortgaged estates account .
•
.
Expenses in suits account •
Profit and loss account
Cashon hand

$ 7 60
20,071 39
530 16
131,121 30
19 63

5 72
683,456 33
547,758 8:7

$1,382,971 O(f

Amount of assets delivered to receivers •
• $:l_,51'9,294 70
Date of delivery: Feb. 27, 1878.
Amount due depositors at ti me the bank was piaced in hands of
3;298,000 60
receivers

* Held to apply on this account ~ $12,000 ten per cent bonds of Lowe Towns'hip, Moultrie
County, Ill.; $14-,000 ten i,er-oen.t boE.ds of Unity Town.ship, Platt County, rn. m process · or
collection.

380

BANK COMMISSIONERS' REPORT.

[Jan.

Date, percentage, and amount of divid ends allowed by upreme
Judicial Court: May 13, 1 78, 20 per cent, $659,6 12.15; J an. 1,
1879, 10 per cent, $329,806.08; Nov. 10, 1879, 15 per cent,
$494,709.11; Nov. 10, 1880, 20 per cent, $659,612.14.
$656 954
328,236
· I 491,616
l 651,248
9,792

if

Amount of each dividend paid to date

Number of open accounts
Number and amount of open accounts on which no dividend
has been claimed or paid
702
Estimated amount to be realized from remaining assets applicable to payment of dividends
Amount of each class of assets disposed of to date, and
amount of profit or loss on each: mortgages, $1,448,539.27,
loss, $137,392.54; estates in possession, $572,230.73, loss,
$190,676.42; estates owned, $276,328.33, loss, $116,780.13;
personal securities, $58,965.17, loss, $25,115.66; railroad
bonds, $187,700, profit, $5,496.46; public funds, $429,500,
profit, $32,633.43; loans to towns, $33,225, profit, $601. 78;
bank stock, $12,600, loss, $1,821.63; pianos, $5,348.79, loss,
$1,566.76; suspense account, $1,012.50, profit, $153.69;
bank building, $176,725.81, loss, $68,516.46.
Amount of expenses of receivership to date .
Date of examination by commissioner: July 30.

41
70
16
40

13,128 25
577,00C 00

56,682 04

NEEDHAM SAVIN GS BANK - NEEDHAM.

Incorporated April 7, 1874; pnpetually enjoined by decree of Supreme Judicial
Court March 4, 1879.
EMERY GROVER, R eceiver.
STATEMENT.

LIABILITIES,

Due depositors .
Interest collected

ASSETS.

$6,252 02
1,632 60

R eal estate .
.
Loans on r eal e ta te .
.
Loan on personals curities,
Judgment
Furniture .
.
.
.
Cash on hand and in uank .

$ 7,884 62

Amount of as et cl eliv red to th rec iv r
Date of d livery: Mar ch 4, 1 79.
Amount due d positors at time th e bank was pla ed in b ands of
r eceiver .
Date, percentage, and amo1mt of divid nds allowed by Supreme
Judi ial ourt: July 23, 1 79, 25 per cent, $5, 37. 6; Feb. 4,
1880, 25 percent, $5,837.86; June 17, 1881, 25 percent, $5,837.86

$ 1,100
50
1,650
735

00
00
00
00
om 36
3,030 26

$7,

i 62

$23 028 87

23,354 17

1882.]

381

PUBLIC DOCUMENT-No. 8.

Amount of each dividend paid to date

.l

•

209
Number of open accounts
Number and amount of open accounts on which no dividend
32
has been claimed or paid
Estimated amount to be realized from remaining assets applicable to payment of dividends
Amount of each class of assets disposed of t o date, and
amount of profi t or loss on each: bank stock, $1,680.50, loss,
$445.50; mortgages on real estate, $16,550, loss, $120; loans
on personal securities, $1, 785.
Amount of expenses of receivership to date .
Date of examination by commissioner: Dec. 31.

$5,802 72
5,750 2
5,543 15
141 08
7,000 00

260 34

NORTH BRIDGEWATER SAVINGS BANK - BROCKTON.
Incorporated April 24, 1851; perpetually enjoined by decree of Supreme Judicial
Court Nov. 13, 1877.
RUFus P .

KINGMAN, ELLIS AMES,

R eceive1·s.

STATEMENT.

ASSETS,

LIABILITIES ,

I
Due depositors
Suspense account
Protit and loss
Interest
Dividends unpaid

$ 110,272
6,055
16,7fi5
57,oRs
8,832

05 1 Mortgage loan
57 P ersonal loan
80 . Real est.ate
go I Bank stock
42 I E. Southworth
Dunbar & Co.

. . .

.

.
.
.
. . .
.

Furniture and fixtures
Expense
.
.
Cash in bank
Cash on hand

$199,009 74

$31,608
26,654
1,900
2,385
68,091
2,852
208
16,666
47,415
1,227

23
39
00
24
84
51
55
48
20
30

- - - --

$199,009 74

Amount of assets delivered to receivers •
• $450,840 40
Date of delivery: Nov. 19, 1877.
Amount due depositors at time the bank was placed in lumds of
receivers.
. • 553,000 21
Date, percentage, and amount of dividends allowed by Supreme
Judicial Court: Jan. 22, 1878, 25 per cent, $137.840.08; Oct. 8,
1878, 25 per cent, $137,840.07; Aug. 22, 1879, 15 per cent,
$82,704.04; July 8, 1880, 15 per cent, $83,704.04.
35,694 10
135,421 31
Amount of each dividend paid to date
I 80,898 51
l 80,241 89
Number of open accounts
2,297
Number and amount of open accounts on which no dividend
8,571 04
88
has been claimed or paid
Estimated amount to be realized from remaining assets appli~
60,000 00
cable to the payment of dividends

.1

382

BANK COMMISSIONERS' REPORT.

Amount of each class of assets disposed of to date, and amount of
profit or loss on each: bonds, $17,152.50, profit, $150.32; bank
stock, $25,088.50, loss, $525.50; mortgage loan, $241,171.23, loss,
$1,670; personal loan, $96,181.70, loss, $3,922.80.
Amount of expenses of receivership to date .
Date of examination by commissioner: J uly 6.

[Jan.

$16,666 48

READI NG SAVI NGS BANK - READING.
I ncorporated July 14, 1869; perpetually enjoined by decree of Supreme Judicial
Court April 11, 1879.
WILLIAM J . HOLDEN, SOLON BANCROFT, Receive1·s.
STATEMENT .

LIABILITI ES.

.

Due depositors
I nterest account
T he depositors' account has been increased by the allowance, by tLe
Supreme Judicial
Court, of a claim
made upon a book
which represented
DO actual deposit.
Other contested
claims to a large
amount were submitted to the full
Court in March la t,
and now await its
decision. Until a
decision is made, it
is impossible to tell
npon what amount
dividends should be
paid.

II
$ 136,042 96
6,178 29

A SSETS.

Mortgage loans
Persoual loans
United States bonds
Bank stock
Due from late t reasurer
Expense
.
Note of E. W ight
Real estate .
P rofit and loss
Cash

.

.
.
. . ..
. . .

$142,221 25

.

Amount of assets delivered to the receivers
D ate of delivery: April 23, 1879.
Assets afterwards recovered by the receivers
Amount due depositor at time the bank was placed in band
receivers.
Date, percentage, and amount of dividend allowed by upr
Judicial Court: Nov. 3, 1..: 70, 12½ per cent*
Amount of dividend paid to date
Number of open accounts
Number and amount of open accounts ou which no divid ncl
has been claimed or paid
E sti mat d amount to b realized from remaining a. et applicable t paym nt of di id n ls
Amount of a h cla
of a et di posed of to la.t , and
amount of profit or lo son ea.ch: real state and mortrrao- ,
$35,44 , los , $231.3(3; p r onal notes, $ ,209.80, - all at par.
• AnoLbor dividend of flfLeon p r cent allowed Nov. 23, 1 1.

$41,805
8,374
1,000
2,900
38,387
4,412
409
13,293
23
31,356

00
00

00
00

74
51
41
31
12
16

$H2,221 25

10 ,962

1

4 250 00

of
155,34~ 69
me

19 418 21
19,302 73
6 1

33

936 10

16,545 00

1882.J

PUBLIC DOCUMENT-No. 8.

383

Amount of expenses of rece ivership to date •
$4,412 51
Date of examination by commi ioner: Dec. 3.
The amount of as ets a given above includes notes and mortgages which are
claimed by other parties, the ownership of which is to be determined by judicial
proceedings.

ROCKPORT SAVINGS BANK - ROCKPORT.
Incorporated 1853; perpetually enjoined by decree of Supreme Judicial Court
F eb. 26, 1878.
CHARLES P. THOM:PSON, JOSEPH MANNING, Receive1·s.
STATEMENT,

LIABILITIES,

Amount due depositors

ASSETS,

$55,676 73

Profit and loss .
.
•
Cash on hand and in bank .

$55,676 73

$55,676 73

Amount of assets delivered to the receivers .
•
Date of delivery: Feb. 26, 1878.
Amount due depositors at time the bank was placed in hands of
receivers
Corrected amount
Date, percentage, and amount of dividends allowed by Supreme
Judicial Court:* Oct. 23, 1878, 25 per cent, $45,580.22; Oct. 3,
1879, 20 per cent, $36,464.17; Aug. 18, 1880, 25 per cent,
$45,580.22,
Amount of each dividend paid to date

•

Number of open accounts
• 882
Number and amount of open accounts on which no dividend
has been claimed or paid
12
Amount of each class of assets disposed of to date, and
amount of profit or loss on each: mortgages, $100,822.11,
loss, $22,340.89; real estate, $24,207, loss, $16,037.14; bank
stock, $22,255.12, loss, $1,610.93; personal notes, $3,370,
loss, $125.
Amount of expenses of receivership to date .
Date of examination by commissioner: Sept. 15.

*

$24,584 69
31,092 04

$194,459 71

182,415 58
182,320 88

45,403 32
36,128 38
45,019 36

175 63

6,422 26

Final dividend of fourteen and seven-te~ths per cent allowed since this report was compiled.

384

BANK COM1\1ISSIONERS' REPORT.

[Jan.

SANDWICH SAVINGS BANK - SANDWICH.
Incorporated 1866; perpetually enjoined by decree of Supreme Judicial Court
J an. 29, 1878.
H. G. 0.

ELLIS,

Receiver.

STATEMENT.

l

LIA.BILI TIES.

Due depositors .
Due G. C. Hoag.

$29,691 34
58 51

ASSETS.

.

.

$29,749 85

.

Personal loans
Mortgage loans .
.
.
R eal estate held by foreclosure
Cash (dividends unpaid)
Casb on hand
Deficit

.

.

..
-

$740 00
11,840 89
1,050
2,653
2,191
11,273

00
80
77
39

- -- -

$29,749 85

Amount of assets delivered to the receivers •
• $109 5 6 22
Date of delivery: April 1, 1878,
Amount due depositors at time the bank was placed in hands of
receivers
108,145 35
Dltte, percentage, and amount of dividends allowed by Supreme
Judicial Court: Aug. 23, 1878, 30 per cent, $32,442.95; Oct. 22,
1879, 15 per cent, $16,221.62; Sept. 24, 1880, 15 per cent,
$16,221.62; June 14, 1881, 15 per cent, $16,221.62.
32 249 85
16 016 09
Amount of each dividend paid to date •
15,722 25
14,465 82
Number of open accounts
• 517
Number and amount of open accounts on wbich no dividend
bas been claimed or paid
17
193 10
Estimated amount to be realized from remaining assets applicable to pay:p,.ent of dividends
6,000 00
Amount of each class of a sets disposed of to date, and
amount of profit or loss on each: mortgage loans,
$56,872.11, loss, $17,775; per onal loan , $23,973, loss, $19
bonds, $14,000, profit, $1,630.
Interest r ceived from all sources •
11,477 52
Amount of expen es of r ceivership to date
4,624 47
Date of examination by commissioner: July 31.

1882.]

P UBLIC DOCUMENT-No. 8.

385

SCIT UAT E SAVINGS BANK - SCITUATE.
Incorporated May 31, 1851; perpetually enjoined by decree of Supr~e Judicial
Court Jul y 9, 1880.
E BENEZE R T . FOGG, WILLARD TORREY, R eceivers.
STATE MENT.

LIABILITIES.

A.BSBTS •

.
D eposits
.
.
Unpaid dividends

.

$101,555 79
148 11

Loans on mortgages of real
estate .
Loans on personal securities,
Real estate by foreclosure .
Due on l>ond
Profit and loss
Cash on hand

.. .
. . ..

$101,703 90

$26,886
3,564
36,850
3,250
4,604
26,548

00
90
00
00
81
19

-$101,703
--90

Amount of assets delivered to the receivers •
• $125,486 44
Date of delivery: July 23, 1880.
Amount due depositors at time the bank was placed in hands of
receivers, being $80.24 less than Oct. 31, 1880, occasioned b~
errors in books
127,181 29
Date, percentage, and amount of dividends allowed by Supreme
Judicial Court: * Sept. 11, 1880, 20 per cent, $25,625.50.
Amount of dividend paid to date
25,~7 39
Number of dpen accounts
341
Number and amount of open accounts on which no dividend
has been claimed or paid
9
148 11
Estimated amount to be realized from remaining assets appli55,550 00
able to payment of dividends
Amount of each class of assets disposed of to date, and
a.mount of profit or loss on each: real estate, $15,800, loss,
$4,235; mortgages, $12,169.50, loss, $50; notes, $2,885.43,
at par value; bank stock, $4,200, loss, $170.
Amount of expenses of receivership to date •
467 96
Date of examination by commissioner: Oct. 13.

* Another dividend of twenty per cent allowed Nov. 15, 1881.
49

386

BANK C01fMISSIONERS' REPORT.

[Jan.

WEST BOSTON SAVINGS BANK - BOSTON.
Incorporated 1867; perpetually enjoined by rlecree of Supreme Jmlicial Court
Jan. 9, 1878.
LYMAN P. FRENCH, CLEMENT WILLIS, Receive1·s.
STATEMENT,

LIABILITIES.

Deposits

ASSETS.

$471,240 64

Profit antl loss
Cash

$251,591 83
2Hl,618 81
$471,240 64

$471,240 64

Amount of assets delivered to the receivers •
. $1 ,939,897 59
Date of delivery: Jan. 12, 1878.
Amount dne depositors at time the bank was placed in hands of
receivers
1,822,015 83
Date, percentage, and amount of dividends allowed by Supreme
Judicial Court:* June 10, 1878, 25 per cent, $455,508.96; Feb.
17, 1879, 15 per cent, $273,302.37; April 21, 1879, 10 per cent,
$182,201.58; Oct. 6, 1879, 15 per cent, $273,302.37; June 23,
1880, 10 per cent, $182,201.58.
r 453,410 44
271 753 27
Amo!i1t of each dividend paid to date •
180 988 11
270 245 74
174,377 '53
Number of open accounts
5,451
Number and amount of open accounts on which no dividend
has been claimed or paid
• 634
2,093 52
Amount of each class of assets disposed of to date, and
amount of profit or loss on each: real estate and loans on
real estate, $1,533,315.71, loss, $343,042.41; loans on personal security, $71 ,825.10, loss, $60,107.86; bank stocks,
· $208,753.26, loss, $46,'004.62; public funds , $48,855, loss,
$9-18. 75; railroad bonds, $3,165, profit, $135; loans on bank
stock, $700; loan to town of Braintree, $20,000, at par
value.
Expenses of receivership to date: repairs on real e tate,
$13,503.21; taxes, including corporation tax , $27,27 .50;
auction, com mi sion, and registry expense , $ ,056.69; ancelling lea e, $1 ,600; legal exp n es, $4,514. 6; cl ri al expense, $7,464. 50; receivers' a llowance, $12 000 ; rent of
rooms, $.,, 271.57; sta tionery and printin o-, $520.70; mi cella11eou xpen e , in ·luding postage and rev nu e stamp ,
$1 ,17 .38
7 ,478 41
Date of examination by com mi ion er: Oct. 19.

.iI

l

Final dividend of ten p er cent allowed Nov. 20, 1881.

PUBLIC DOCUMENT-No. 8.

1882.]

387

AGGREGATE STATEMENT OF BANKS IN THE HANDS OF
RECEIVERS-1881.
I

LI ABILITIES.

Deposits
Sundries

.. .

!
$3,171,301 87
336,688 41

ASSETS.

. .

Puhlic funds
Bank stock
R eal estate
.
Real estate by foreclosure .
Loans on real estate
Loans on persoual security,
Profit and loss
Sundries
Cash on hand and in banks,
Deficit .

. .

.

. .

$1,000
5,285
20,293
247,438
394,5fi2
108,544
1,380,620
2!-10,243
1,048,728
11,273

00
24
31
88
43
7o
33
00
94
39

----$3,507,990 28

$3,507,990 28

AGGREGATE STATEMENT OF BANKS IN THE HANDS OF
RECEIVERS -1880.
LIABILITIES.

Deposits
Sundries

.. .. ..

ASSETS.

$4,046,122 09
123,531 79

. .. .. ..
.
.

Bank stock
Railroad bonds
Real estate
Real estate by foreclosure .
Loans on real estate
Loans on personal security,
Profit and loss
Sundries
.
.
Cash on hanu and in banks,
Deficit

.

----$4,169,653 88

. . .. .
. . . .

$12,611
31,500
174,345
1,118,539
594,314
257,713
548,416
181,902
992,305
258,005

24
00
63
19
40
62
40
33
90
17

$4,169,653 88

TABLE exhibiting the Number, Condition, and Progress of the Savings Banks of Massachusetts in each Year from 1834 to 1881 inclusive.
(Returns first required by Acts 1834, Chap. 190.)
d,

YEAR.

.;

A

,;!

....
0

a

...

~

0

0

::,

z

z
1834
1 36
1 36
1 37
1838
1839
1840
184 1
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
] 854
1855
1856

.

.
.
.
.

.
.
.
.

.

.,.
.0
s

22
27
28
30
30
30
31
30

-

31
31
33
38
39
41
43
45
45
53
60
73
80
81

..,.;
i:;

:s

0

g

..:g

~

-

i:,.

24,256
27,232
29,786
32,564
33,063
36,686
37,470
41,423
42,587
43,217
49,699
58,178
62,893
68,312
69,894
71,629
78,823
86,537
97,353
117,404
136,654
148.263
165;484

' 5- "'
6
:s
::o a o
z 8~

=

c:J

..

i:: ~ .
cd O i-. i...
4> w 4>c:!
... a>>a,
.0 0 ~

g

....

-

2,976
2,554
2,778
499
3,623
78!
3,953
1,164
630
6,482
8,479
4,7l5
5,419
1,582
1,735
7,194
7,715
10,816
20,051
19,250
11,609
17,221

t "'5
ol ....
=
.,<.>= .-:,. .
.,...
p..,

-

-

12
9
9½
1i½
2

10½

2!
11
15~
17
8
8½
2

2½

10
9j
12½
20 1

J6f

8~

11{

~

e >~
-fl
=~
- :g

.;

~
«I

!:::
11.l

O

0

i:,.

"'
.., A

~

= ....

::,

0

E:

~

<l,)

~

~

gj
0

• .-1

"'A
>
...
(I)

0

C)

....

....= 0

-d

$3,407,773
3,921,370
4,374,578
4,781,426
4,869,393
5,608,159
5,819 ,554
6,714,182
6,900,451
6,935,547
8,261, 345
9,813,288
10,680,933
11,780,813
11,970,448
12, 111 ,554
13,660,024
15,554,089
18,401,308
23,370,102
25,936,858
27 ,296,~l 7
30,373,447

i:,.

.

00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

.;

...

..

P-4

-

$513,597
453,208
406,848
87,967
738,766
211.395
894,fi28
186,270
35,095
1,325,798
1,551,943
867,645
1,099,880
189,635
141,106
1,548,471
1,894,065
2,847,219
4,968,794
2,566,756
1,257,359
3,077,231

UJ

o:S

t "'t

5 ~

= ...

...~

0

..,"'0 ..,•
<I)

00 15
00 11½
91
00
2"3"
00
00 15 1
00
4
00 15½
00
2¾
00
00 19½
00 18f
00
00 10¼
00
l1
14
00
00 13
00 14
00 12
00 27
00 11
00
4¾
00 10¾

i~

=

bO

::,

"'

-<

f g

-<

P-4

0

0$

>

Q)

......,

.c:
c:J

$140
143
146
146
147
152
157
162
162
160
166
168
169
172
171
169
174
179
189
199
189
184
184

c:J

09
99
19
51
27
86
98
08
03
40
23
66
82
45
26
08
57
73
01
05
88
10
15

.c: ::,

"'

~ i ::
£ 'ti

11.l

A

0

.:l

.

2l

:s
.c:

c:J

~

c:J

"'

A

'3 ~

i0 £s...

P-4

A

o:I

§' :.l

614,408*

-

-

737,609

994,514
-

=

i:,.

....
0

•

§

.....

~~~

$5 58

-

-

7 88

-

-

-

-

-

13 73

-

-

1,132,369

24 12

-

-

K

i:'1

(0

:.1

"'bO

~ ~
.,A .,S

~
A

i:'1

P-4

-

0

.8 2J.
o>

·;;i

o

~ l!l ~
Iii ~ A

~ ~

20,777
22,688
27,017
29,307
34,490
36,405
37,361
41,681
43,707
49,380
59,071
63,471
77,757
89,309

3

~ l'-<

+>

$10,968
12,066
14,413
17,504
18,329
17,204
17,952
19,248

~

00
00

00
00
00
00
00
00
00
00

lI

r,0033

j

00
00
00 >- ,0029
00
00
00
00
00
00
00
00
00 J
00
00 },0028

}.0026

~
t_zj
rtj

0

~

~

,--,
~
~

.I:!

1857
1858
1859
1860

.
•
.
.

1861

.

1862
1863
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881

.
.
.
.
.
•
.
.
.
.
.
.
.
.
.
.
.
•
.
.

86
86
86
89
93
93
95
97
102
102
108
115
130
139
160
. 17:.!
175
179
180
180
179
168
166
164
165

I

177,375
182,655
205,409
230,068
225,058
248,900
27~,219
291,616
291,488
316,853
348,593
383,094
431-,769
488,797
561,201
630,246
666·,22@
702,099
720,039
739 ,289
739,757
674,251
675,555
706.395
738,951

11,891
5,280
22,754
24,659
5,0IOt
23,842
23,319
19,397
128t
25,365
31,740
34,501
48,675
57,028
72,404
69,045
35,983 ·
35,870
18,540
18,650
468
65,506t
1,304
30,840
32,556

8
3
1'">1
--2
191
-4
2tt
10½

~t

7

l~f
10+
12¾+
13
14
12¼
5~+
5
5}
2I~4o+

* In 1830.

½

9H
4!

4t

33,015,757
33,914,972
39,424,419
45,054,236
44,785,439
50,403,674
56 ,883 ,828
62,557,604
59,936,482
67,732,264
80,431,583
94,838,336
112,119,016
135,745,097
163,704,077
184,797,313
202, 1@5,343
217,452,120
237,848,963
243,340,642
244,596,614
209 ,860,631
206,378,709
218,047,922
230,444,479

00
00
00
00
00
00
00
30
52
31
71
54
64
54
54
92
70
84
21
75
18
18
53
37
10

2,642,310
899,215
5,509,647
5,629,817
268,797
5,618,235
6,480,154
5,673,775
2,621,121
7,795,281
12,699,319
14,406,752
17,280,680
23,626,080
27,958,980
21,093,236
17,398,029
15,256,777
20,396,842
5,491,679
1,255,971
34,735,983
3,481,921
11,669,212
12,396,556

t

00
00
00
00
09t
00
00
75
78
79t
40
83
10
90
00
38
78
14
37
54
43
OOt
65t
84
73

Decrease.

si
2-f
16

14½

¾t
12½
12t
10+
4it
13
18~
18+
18¼
21
20 1
121
8½
7½
92
fi
2¼

½
lit

14-H
5¼
5¾

186
185
191
195
198
202
208
214
205
213
230
247
259
277
291
293
303
309
330
329
330
311
305
308
311

13
67
93
83 1,232,065
99
50
92
52
62 1,267,329
76
73
'
55
67
71 1,457,352
52
.21
49
71
05 1,651,652
15
64
25
50
68 1,783,086
85
-

-

-

t

-

35 59
-

47 29

-

-

93 14

-

144 00
122 29
-

Nearly.

102,027
105,339
107,951
112,264
120,886
135,783
140,713
184,739
203,348
219,257
254 ,225
297,527
339,271
375,734
429 ,080
469 ,681
547 ,518
644,682
661 ,503
657,858
671 ,728
606,550
590, 820
581 ,274
617,672

oo 1
00 ~ 0098
00 j · -

00
00 l
00 ~-0027
00 J
77
.0029
56
.0033
03
.0032
79
60 } ,0031
57
.0030
09
.0027
09
.0026
80
.0025
83
.0026
68
.0029
92
.00277
72
.0027
23
.00275
23
.00289
18
.00286
35
.00271
51
.00268

~

00
00
NJ
L..--1

>--c

0

to
~
~

0
~

0
0

d

~

t,:rj

z
I

~

z

9

.

00

~

00

e.o

390

[Jan.

BANK COMMISSIONERS' REPORT.

Statements were made by the following-named companies 1n
accordance with the provisions of their charters: AMERICAN LOAN AND TRUST COMPANY-BOSTON.
Nov. 5, 1881.

Liabilities.
Capital .
.
.
.
Dtposits snbject to check
Certificates of deposit .
Bills payable on demand
Bills payable on time

.

. 21.

$513,964
3,421
84,900
491,467

$1,000,000 00

80
00
19
1,093,753 20
23,451 98

Undivided profits .

$2,117,205 18

Assets.
Loans payable on time .
Loans payable on demand
State bonds .
Municipal bonds •
Railroad stocks
Railroad bonds

. .
$4,470 67

$1,047,520 70
382,130 00

38,208 62
69,003 75
287,987 57
399,670
6,842
8,805
269,943
2,292

Furniture and fixtures
Expenses.
.
.
•
Cash in national banks .
Bills, specie, and cash items

61
70
67
43
07

$2,117,205 18

Date of examination by ·commissioner; Dec. 19 ,

BOSTON SAFE DEPOSIT AND TRUST COMP ANY - BOSTON.
Nov. 14, 1881.

Liabilities.
Capital stock .
Profit and loss
Interest .
.
Commissions .
.
.
Safe, rental, and storage
Discount .
Deposits .
Trust funds

$400,000 00
66,937 62
$18,299 15
3,641 89
10,618 86
20,321 45
---•.

52, 81 35
2,648,103 57
32,079 7
$3,200,002 3~

Assets.
-United States Government bonds
City (New England) bonds .
Town (Massachusetts) bonds
•
Railway (New England) bouds .
Loans:Payable on cl mand, with collat,erals or sureties
Payabl e on time, with oll at rals or sureties
Payable on time, with mortgage o! real state •

$200,206
30,710
41,350
UJ7,852

63
00
00
50
$470,119 13

$6 6,900 00
1,645, 14 32
159, 00 00
2,392,514 32

.Amount carried forward .

$2,862,633 45

391

PUBLI C DOCUMENT- No. 8.

1882.]

BOSTON S AFE DEPOSIT AND T RUS T COMPANY-Co ncluded.

.
. . . .
$ 12,874 87
.
.
2,HJ3 ~)2
.
.
.
96
. .
. - -- -3,884
--Sa fes and fix tures .
. . .
.
Cash: $ 266,821 79
In ba nks
..
1'. :l ,093 33
In office
.. .. .
.. .

Amount br01ightfo1·ward.
Expense.s: Genera l expense acco unt
U ni ted States taxes
Sta te taxes

$2,862,633 45

•
18,453 75
40,000 00

278,915 12

- -----In trust:Und er wills.
Other trusts .
Income

$3,200,002 32

TRUST D EPARTMENT.
Liabilities.

. ..

.

. .

.

.

. . . . .
. . . .
. . . .

$ 651,643 36
71,000 00

.

$ 722,643 36
3,247 97

--------

$ 725,.891 33

.Assets.
United States Government b onds
Mortgages of real estate
R a ilroad stock
City bond s
Railroad bonds
.
Bank stocks
Ma1mfacturing compan y stock
Estates occupied b y ben eficiaries
B oston Music H a ll Association .
.
Massachusetts H ospital Life Insurance Company,
a nnuities in trust
Town n otes
Massachusetts savings bank d eposits •
Loans on personal security .
Cash : Prin cipal
Income.

..
... ...
.
. .
.

.. . .. . ..
.. .
. .
.
.
.
.
. . .
.
.
..
.
.. .
.
.
.
.
.
.
. . .
81
.. .. .. .. .. ..
.. $28,831
3,247 97
----.
. . .
.

$ 172,327
130,444
18,686
28,750
115,475
74,28!.J
40,:150
17,! 25
200

50
73
00
00
00
00
00
00
00

70,000
5,000
4,000
16,864

00
00
00
32

32,079 78

- - - ---$725,8!:ll 33

Date of examination by commissioner: Nov. 22.

COLLATERAL LOAN COMPANY - BOSTON.
Nov. 30, 1881.

Liabilities.
$150,000
315
22,858
829
11,594

Capital stock paid in
Reserve account, No. 43
Notes payable .
Dividend .
.
.
Undivided profits .

00
57
72
00
57

$ 185,597 86

Resources.
Cash on hand
Loan account
Furniture.

$ 5,850 38
17-6,747 48
3,000 00

---

$185,597 86

Date of examination by commissioner: Dec. 31.

392

BANK COMMISSIONERS' REPORT.

[Jan.

INTERNATlON.AL TRUST COMPANY-BOSTON.
OcT. 31, 1881.

•

Liabilities.
Capital stock •
Deposits .
.
Undivided profits
Bills payable .
Dividends nnpaid •
.
.
Deposits for payment of coupons

$300,000
793,973
17,476
100,000
1,715
5,337

00

95
29
00

42
50

$1,218,503 16

Assets.
United States bonds
Cit.v and town bonds
.
.
.
.
•
Railway and steamboat bonds and stocks .
.
.. •
.
.
International Trust Company stock, held for distribution under
by-laws.
.
Demand loans .
Time loans
.
.
Furniture and fixtures .
Expenses and taxes paid
Deposits in national banks
Cash in office .

$4,479 75
90,208 75
197,427 32
5,000
356,636
431,887
2,164
6,130
121,72
2,840

00
16

50
66
72
00
30

$1,218,503 16

Date of examination by commissioner: Oct. 6.

MASSACHUSETTS LOAN AND TRUST COMP ANY - BOSTON.
OCT. 31, 1881.

Capital stock actually paid in
.
.
.
.
•
Investments in railroad bonds (Atlantic anrl Pacific)
.
.
Investments in R.R. stocks (Ohio and Mis issippi, l referred)
Cash on hand .
.
.
.
.
.
.
.
.
•
.
Dividend paid Aug. 15, 1881, since last report: 3 per cent.

.I

$500,000
27,000
20,000
143,515

00

00
00

85

This corporation takes no deposits, and has never opened or done any bu ine s
under its Trust Departm ent, a.nd bas therefore no retmns to make, as provided
by its charter, other than those given herein.
Date of examination by commissioner: Nov. 30.

PUBLIC DOCUMENT-No. 8.

1882.]

393

NEW ENGLAND TRUST COMPANY - BOSTON.
OCT.

31, 1881.

Liabilities.
Capital stock •
.
•
.
•
•
•
Deposits .
•
•
•
•
•
•
•
Interest .
.
.
.
•
•
•
Profit and loss account •
•
•
.
•
Guaranty
•
•
•
•
•
•
.
•
Commissions •
.
.
.
.
.
,
.
For payment of bonds, coupons, dividends, etc.
Sinking funds of railroad companies .
.
.
United States tax .
•
•
•
•
•

$500,000 00
7,171,271 64
132,382 06
12,333 88
200,000 00
1,612 85
29,206 48
26,713 39
16,729 12
----

$8,090,249 42

.Assets.
. $1,029,000 00
United States Government bonds
•
.
•
12,000 00
City of Charlestown bonds .
•
•
•
234,000 00
.
Railroad bonds
.
.
.
.
.
•
•
$2,960,963 10
Loans on time notes, with col1ateral or sureties
Loans on time notes to states, counties, cities, and
117,000 00
towns in New England .
.
.
•
.
.
882,301 32 .
Loans on time notes to corporatjons in Massachusetts,

.. ... ..

3,960,264 42

. ..

Loans on call, with collateral or sureties
Loans on call to corporations in Massachusetts

$800,850 00
696,762 39
1,497,612 39

. $1,310,120 97
.
. . .. .. .. . .. . 16,503 36 1,326,624 33
. . . . . . . . . . . ---30,748 28
$8,090,249 42

Cash in ban ks in Boston
Cash in office .
Expense account

TRUST DEPARTMENT.

Liabilities.
.
. .. ... ... ... ... ... .. ...

Trust accounts
Income
Dividends
.

.

.. ... ... ... ..
.. . . ..
.. . ..
. . ..
Manufacturing stocks (special trust)
Insurance stocks (special trust)
.
Mortgage notes
Real estate
. .. .. .. .. .. .. .. ..
.
Stock in national banks in Boston .
Notes secured by collateral •
. . ... ... ..
Cash in banks in Boston
. . .

.Assets.
United States Government bonds
City bonds (in Massachusetts)
State bonds (in New England)
Railroad bonds
Railroad stocks

$528,974.4ll9
5,421 08
1,491 02

$535,886 99

.
..
.
. . .
$148,111 03

$123,661 22
25,027 57
24,219 82

40,012 74

. .
..$122,000
. .
87

188,123 77
7,500 00
2,500 00

12,500 00

.. ..
. . ..

134,500
17,545
4,500
8,308

87
50
00
24

------$535,886 99

Date of examination by commisioners: Nov. 3.
50

394

BANK COMMISSIONERS' REPORT.

[Jan.

WORCESTE.R SAFE DEPOSIT AND TRUST COMPANY - WORCESTER.
Oc:r. 31, 1881.

Capital stock •
Deposits .
•
Protit and loss
Undivided profits •
Surplus fund •

Liabilities.

.

$14,423 11
4,897 37
20,000 00

$200,000 00
1,573,777 21

39,320 48
231 00
1,118 49

Dividends unpaid •
Trust funds •
•

$1,814,447 18

Assets.

Casb:In office
In banks

$104,549 68
131,533 35
$236,083 03

Bonds: United States
•
•
•
.
•
•
.
Vt. Central and Vt. and Canada equipment 8s
Worcester Street Railway
•
•
•
•

$2,050 00
152,000 00
20,000 00
174,050 00

Stocks:Central National Bank, New York .

13,400 00

Loans:N otes of corporations
•
•
To individuals, with collaterals
On mortgage of real estate
•

$ 1,144,353 84
170,339 00
23,700 00
1,338,392 84

Expenses:General expenses
•
Furniture and fixtures
Premium acconnt
•
Clearing-house fund
Real estate .
.
•
Real estate by foreclosure

.

703 70

$ 10,000
5,019
1,000
33,000
2,798

.

00
18
00
00
43

51,817 61
$ 1,814,447 18

TRUST DEPARTMENT,

Liabilities.
In trnst: Ull<ler wills •
Otl1 er trusts •
Income •
•

$62,235 00
4,900 00
80 99

$67,215 !19

Assets.

United States bonds
•
Railroad boncls
•
Railroad stock
•
Bank stock
•
Gas-ligh t compani es stock
Express companies stock
Cash: Principal
•
Income.

Dividend O t. 1, 1881 (3 per cent)
Number of accounts
.
•
.

$17,912
44,2 5
1,000
2,400
400
100

50
00
00
00
00
00

1,037 50
0 99
$6,000

1,70:l-

Date of examination by commissioner: June 6.

$67,215 99

1882.J

395

PUBLIC DOCUMENT-No. 8.

MASSACHUSETTS HOSPITAL LIFE INSURANCE COMPANY BOSTON.
DEC. 31, 1881.

Deposits .
.
.
Earnings undivided
Insurance on lives •
Annuities on lives
Capital stock •
Surplus .

Liabilities.

$14,717,391
137,335
8,174
433,614
500,000
172,043

76
44
49
72
00
24

$15,9fi8,559 65

.Assets.

Mortgages
Real estate
•
.
•
.
Personal and collateral loans
United States bonds
Municipal bonds
Railroad bonds
Railroad stocks
Bank stock
.
Cash on hand •

$8,415,637
90,000
4,817,700
750,000
95,000
985,918
414,000
128,579
271,723

83
00
00
00
00
75
00
13
94

$15,968,559 65

Date of examination by commissioner: Dec. 28.

STATEMENTS
OF THE

CO-OPERATIVE SAYING-FUND
.AND

LOAN ASSOCIATIONS.
MADE IN CONFORMITY TO THE REQUIREMENTS OF
CHAPTER 129 OF THE ACTS OF 1879.

•

398

BANK co:MMISSIONERS' REPORT.

[Jan.

CAMBRIDGE CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - EAST CAMBRIDGE.
Incorporated Sept. 5, 1877. Commenced business Sept. 12, 1877.
Capital to be accumulated, $500,000.
RUFUS R. WADE,

President.
JOHN LOUGHREY,

Secretary,
Tl·easurer.

ROBERT

L.

SAWIN,

STATEMENT.

LIABILITIES,

37 shares of stock, first series, at $56.48
12 shares of stock, second
series, at $51.91
•
15 shares of stock, third series, at $4.8.81
•
4 shares of stock, fourth
series, at $45.18
14 shares of stock, sixth series, at $38.40 .
.
•
5 shares of stock, ninth se.
•
ries, at $26.52 .
5 shares of stock, tenth se•
ries, at $23 07 .
21 shares of stock, eleventh
series, at $19.60
17 shares of stock, twelfth
series, at $16.lt:i
33 shares of stock, thirteenth series, at $12.60
15 shares of stock, fourteenth series, at $9.38
70 shares of stock, :fifteenth
series, at $6.22 .
48 shares of stocks, sixteenth series, at $3.06
Snrplus .
.
.
.
Forfeited share account
Interest on dues paid in advance.
•
•
.
Other liabilities .
•
•

ASSETS,

$2,089 76

622 92
732 15

Loans on real estate •
Loans on shares .
•
Unpaid dues
Balance of permanent expense account.
.
Other assets
Cash on llaud •

$4,165 00

823 00
63 00
109 13
63 31
1,061 75

180 72
537 60

132 60

115 35
411 60
274 72

415 80
140 70

435 40
146 88
10

11 12
1 22
36 55

$6,285 19

$6,285 19

Number of shares issued during the year.
Number of shares now in force .
Number of shares now borrowed upon
Amount of due re eived during the year
Highest premium r ceived during the year
Lowest pr mium received <luring the year
Fine for non-paym nt of du s •
Tran . f r fee
Numb r of memb rs withdrawn during th y ar
Pres nt number of members
Pres nt numb r of b rrower
Pr sent numb r of non-borrowers

• 227
• 296

61
$8,474 00
35
5
2

25
24
50

14
36

1882.]

P UBLIC DOCUMENT - No. 8.

A m ount of loan at dat
9
N nm ber and amoun t of loans on r al . tate
Numb r an d amount of loans ecm: d by first mortgage of
9
real es tate
5
Number an d am ount of loans on shares •
L argest loan to any on. member
Small est loan to any one memb r
20
Largest number of sh a.res h eld by an y on e m emb er
Amount of ex pe uses of th e corporation for previous year (not
includin g interest ) .
Value of shares at last report
Total value of unpleclged shares (including unpaid dues )
Number of sh a res.fo rfeited durin g the year
2
Amount of interes t credited to sh ares during the year
Number of sh ares withdrawn durin g the year .
• 165
Number and am ount of loans rPpa icl during the year
11
Geographi cal limit: Massachusetts.
Amount of cash rece ived during. the year
Amount of cash paid during the year
Secretary' s salary
Treasurer' s bond
Secretary' s bond.
Date of ex amiuation by commissioner: Sept. 3.

399
$4.988 00
4, 165 00
4,165 00
23 00
1,000 00
25 00

96 23
5,819 :38
4,036 91
319 47
635 00
4,0~7
3,254
40
1,000
500

22
35
00
00
00

CAMPELLO CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - BROCKTON.
Incorporated Oct. 3, 1877. Commenced bnsiness Oct. 8, 1877.
C'ap~tal t o be accumnlated, $1,000,000.
ALBERT KEITH, P·resident.
Secretary, WARREN T. COPELAND.
ZrnA C. KEITH, Treqsurer_.
STATEMENT.

LIABILITIES.

588 shares of stock, first
series, at $ 58.44
238 shares of · stock , second
series, at $42.31
•
386 shares of stock, third
series, at $27.36
408 shares of stock, fourth
series, at $13 59
•
362 shares of stock, fifth
series, at $ 1.00 .

Dnes paid in advance .
Interest
Premium
Transfer fees
Surplus.
.
.
Withdrawal profits •

ASSETS.

$ 34,362 72
10,069 78
10,560 96
5,544 72
362
963
194
52
1
51
50

Loans on real estate .
Loans on shares .
.
Unpaid dues
•
Balance of permanent expense account .
.
.
Balance of t emporary expense account.
•
Fines
•
.
•
Cash on hand •
•

$54,750 00
3,050 00
263 00
338 20
31 50
5 91
3,774 05

00
00
32
55
00
40
21

$ 62,212 66

$62,212 66

400

BANK COMMISSIONERS' REPORT.

[Jan.

Number of shares issued during the year •
• 558
Number of shares now in force.
1,982
Number of shares now borrowed upon
• 399
Amount of dues received during the year
• $21,277 00
Highest premium received during the year
60
Lowest premium received during the year
5
Fine for non-payment of dues: 2 per cent per month.
Transfer fee
25
Number of members withdrawn during the year
56
Present number of members
• 412
Present number of borrowers •
72
Present number of non-borrowers
• 340
Amount of loans at date •
57,800 00
Number and amount of loans on real estate
62
54,750 00
Number and amount of loans secured by first mortgage of
real estate
62
54,750 00
Number and amount of loans on shares •
10
3,050 00
Largest loan to any one member
2,100 00
Smallest loan to any one member
60 00
Largest number of shares held by any one member
25
Amount of expenses of the corporation for previous year (not
including interest) .
552 49
Value of shares at last report: first series, $41.84; second
series, $27.15; third series, $13.54; fourth se_ries, $1.00.
Total value of unpledged shares (including unpaid dues)
44,820 04
Amount of interest credited to shares during the year •
4,511 97
Number of shares withdrawn during the year •
• 297
Number and amount of loans repaid during the year
28
13,73') 00
Geographical limit: Massachusetts.
Amount of cash received during the year
40,613 62
Amount of cash paid during the year
36,989 47
Secretary's salary
250 00
Treasurer's bond
1,500 00
Secretary's bond.
1,500 00
Date of examination by commissioner: July 7.

1882.]

401

PUBLIC DOCUMENT-No. 8.

E QUITABLE CO-OPERATIVE SAYING-FUND A ND LOAN A SSOCI ATION - LYNN.
Incorporat ed Oct. 2, 1877. Commenced business Oct. 8, 1877.
Capi tal to be accum ulat ed, $1,000,000.
Seci·etary, B ENJ AMIN E. PORTE R,
JAMES H. RICHARDS, P resident .
W ILLIAM A. ESTES, T1·easu1·er.
STATEME NT,

LIABILITIES ,

ASSETS,

II
130 shares of stock, first series, a t $53.67
. .
53 shares of stock, second
series, at $39.60
.
56 sh ares of st ock, third
series, a t $26 17
.
.
59 shares of stock, fourth
series, at $19.69
80 shares of stock, fifth series, at $13.31
.
173 sha res of stock, sixth
series, at $ 7.09 .
107 shares of stock, seventh
series, at $4.02 .
94 shares of stock, eighth
series, at $1.00 .
.
.
Sur£1us.
.
.
.
For eited share account

.

.

.

.

.

.

$6,977 10
2,098 80
1,465 52
1,161 71
1,064 80

. .

Loans on real estate •
Loans on shares .
Unpaid du es
.
•
.
Bala nce of permanent expense acco unt .
•
•
Balan ce of t emporary expense account .
Interest account
Cash on hand

. .
.
. . .

21 70
4 00

188 56
792 64

1,226 57
430 14
94 00
3 08
2110
$14,542 82

$14,542 82

Number of shares issued during the year •
•
Number of shares now in force.
•
Number of shares now borrowed upon
Amount of dues received during the year
Highest premium received during the year
Lowest premium received during the year
Fine for non-payment of dues: 2 per cent per month.
Transfer fee
Number of members withdrawn during the year
Present number of m embers
•
Present number of borrowers
Present number of non-borrowers
•
Amount of loans at date •
Number and amount of loans on real estate
Number and amount of loans secured by first mortgage of
r eal estate
Number and amount of loans on shares •
Largest loan to any one member
Smallest loan to any one m ember
Largest number of shares held by any one member
Amount of ex penses of the corporation for previous year (not
including interest) •
•
51

$12,550 00
345 00
640 92

457
752
76
$6,699 83
19
05
25
31
176
26
150
22
22
5

12,895 00
12,550 00
12,550
· 345
2,200
20

00
00
00
00

25

•

158 03

402

BANK COMMISSIONERS' REPORT.

Value of shares at last report: first series, $52. 67; second
series, $38.60; third series, $25. 17; fourth series, $18.69;
fifth series, $12.31; sixth series, $6.09; seventh series, $3.02.
Total value of unpledged shares (including unpaid dues)
Amount of interest credited to shares during the year •
Number of shares withdrawn during the year .
• 134
Number and amount of loans repaid during the year
3
Geographical limit: Mass'a chusetts.
.A.mount of cash received during the year
.A.mount of cash paid during the.year
Secretary's salary
Treasurer's salary
Treasurer' s bonds
Secretary's bonds
Dat~ of examination by commissioner: .A.ug. 9.

[Jan.

$12,019 87
523 94
100 00
7 231 80
6,774 47
50 00
25 00
2,000 00
1,000 00

FITCHBURG CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - FITCHBURG.
Incorporated Oct. 27, 1877. Commenced business Nov. 8, 1877.
Capital to be accumulated, $1,000,000.
JABEZ FISHER, President.
Sec1·etary, JOSEPH F. SIMONDS.
GEORGE E. CLIFFORD, T1·easurer.
STATEMENT.

LIABILITIES,

317 shares of stock, :first se.
.
ries, at $53.92 .
231 shares of stock, second
series, at $46.50
.
.

shares of stock, third series, at $39.28 .
.
.
151 shares of stock, fourth
series, at $32.23
.
.
169 shares of stock, :fifth series, at $25 .: 8 .
.
.
298 shares of stock, sixth
series, at $ 18.74.
.
.
388 sl1ar s of stock, seventh
R rie , at $12.3Ci
.
.
4-G:3 ha res of stock, eighth
series, at $6.09 .
.
•
DueR paid in advance.
Forfeited har accou nt
Int.er st on du
paid in
arlvan
.
.
Other liabilities .

ASSETS.

$17,092 64
10,741 50

107

4,202 96

4,866 73

Loaus on r eal estate .
Loans on shares .
.
.
Unpaid dues, interest, premium , and fine
.
.
Balance of permanent expen e acco nnt.
Other i:.ssets
Cash on band

1,403 25

199 13

61 25
416 63

4,289 22
5,584 52
4,795 68
2,819 67
43-1 00
29 01
44 7()
81 57

$54,9 2 26

$54-,982 26

umb
umb r of har
Numb r of shar
Am unt of due r

$48,222 00
4,680 00

i u d duri1vr the ar .
now in fore .
now b rr w d upon

cei vod dnring th year

7
2,124
432
$19,173 44

1882.]

P UBLIC DOCUMENT- No. 8.

Highest premium receiv d during the year : 2-ro'ir per cen t.
Lowest premium receiv d durin o- the year: fo'1r per cent.
F ine for non-payment of dues : 1 p r cent per month,
Transfer fee
N umber of members withdrawn during the year
15
Present number of members
• 282
Present number of bor rowers .
78
Present number of non-borrowers
• 204
.A.mount of loans_ at date
Number and amow1t of loans on real estate
65
Number and amount of loans secured by first mortgage of
real estate
65
Number and amount of loans on shares •
27
Largest loan to any one member
Smallest loan to any one m ember
Largest number of shares held by any one member .
25
.A.mount of expenses of the corporation for previous year (not
including interest) .
Value of shares at last report •
Total value of unpledged shares (including unpaid dues)
Number of shares forfeited during the year
1
.A.mount of interest credited to shares during the year
Number of shares withdra wn during the year •
• 159
Number and amount of loans repaid during the year
21
Geographical limit: Massachusetts •
.A.mount of cash received during the year.
.A.mount of cash paid during the year
Treasurer' s salary
Secretary's salary
Treasurer's bonds
Secretary's bonds
Date of examination by commissioner: Oct. 3.

403

$0 25

52,902 00
48,222 00
48,222
4,680
2,000
20

00
00
00
00

386 96
32,702 89
41,359 59
2,390 39
4,845 00
28,578
29,045
50
180
2,000
1,000

37
77
00
00
00
00

404

BANK COMMISSIONERS' REPORT.

[Jan.

HAVERRILL CO-OPERATIVE SAVING-F ND AND LOAN ASSOCIATION - HAVERRILL.
Incorporated Aug. 20, 1877. Commenced business Sept. 3, 1877.
Capital to be accumulated, $1,000,000.
Seci·etary, WILLIAM H. PAGE,
AMos W. DOWNING, President.
J. W. BENNETT, T1·easw·er.
STATEMENT.

LIABILITIES.

.ASSETS,

.
169 shares of stock, first se•
.
ries, at $56.03 .
49 shares of stock, second
.
.
series , at $4fi.25
124 shares of. stock, third
series, at $29.73
.
.
265 i-hares of stock, fourth
series, at $ 16.46 ,
.
•
174 shares of stock, :fifth se•
•
ries, at $10.0!:l .
253 shares of stock, sixth
series, at $4
•
.
•

Surplus .
.
•
.
Forfeited share account
Withdrawal profits
Other liabilit~es .,

$9,469 07
2,266 25
3,686 52
4,361 90

Loans on real estate •
Loans on shares.
Unpaid dnes
.
.
.
Balance of permanent expense account.
.
.
Balance of temporary expense account .
Cash on hand

$21,200 00
150 00
320 00
250 00
120 02
944 78

1,755 66
1,012 00
57 67
4 80
9 25
,361 68
$22,984 80

$22,984 80

Number of shares issued during the year.
• 519
Number of shares no.; in force .
1,034
Number of shares now borrowed upon
• 116
Amount of dues received during the year
$10,793 00
30
Hi ghest premium received during the year
15
Lowest premium received dming the year
Fine for non-payment of dues: 2 per cent per month.
25
Transfer fee
59
Number of members withdrawn during the year
Present number of members
• 255
Pre ent number of borrowers
l
Present number of n on-borrowers
• 224
21,330 00
Amount of loans at dat
21,200 00
Number ancl amount of loans on r al state
29
Number ancl amount of loan s cur d by first mortgage of
real e tate
29
21 200 00
Numb r and amount of loan on hares •
2
150 00
Larg t loan to any 011 111. mb r
2,000 00
' malle t l an to a11y on m mb r
50 00
Lar, t, numb r of hare h ld by any ne m ml r
25
Amount of xp n
of the rp raLion for l re iou ear (not
includin"' int r t,) •
431 67
Value of hares at la t report •
14,396 tll

1882.J

405

PUBLIC DOCUMENT-No. 8.

$19,140 79

Total value of unpledged har (including unpaid dues)
Number of share forfe ited durinO' they a1·
Amount of interest credited to shares during the year
Number of shares withdrawn during the year .
Number and amount of loans repaid during the year
Geographica l limit: Massachusetts.
Amount of cash received during the year
Amount of cash paid during the year
Secretary's salary: 1½ per cent of gross receipts.
Treasurer' s bonds
Secretary's bonds
Date of examination by commissioner: Nov. 22.

3

947 93
• 236
4

950 00
13,746 97
12,119 77
2,000 00
2,000 00

HOLYOKE CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATJ:ON - HOLYOKE.
Incorporated July 2i, 1880. Commenced business Aug. 22, 1880.
Capital to be accumulated, $1,000,000.
WILLIAM GROVER, President.
Sec1·etary, FREDERICK DRUCE,
JOSEPH METCALF' Treasurer.
STATEMENT.

LIABILITIES,

.ASSETS.

I

370 shares of stock, first series, at $15.25 .
.
.
200 shares of stock, second
series, at $ 10.07
142 shares of stock, third
series, at $4
Interest.
Premium
Fines
Transfer
Dues in advance
Surplus .
Forfeited share account
Withdrawal profits
Forfeiture profits
Other liabilities •

.. ... .. ...
.. .
. .
. .. ..
.
.. ..

.

$5,642 50
2,014 00
568
128
27
16
10
2
2
1
1
7

.

00
50
22
22
50
00
62
90
73
75
38

.. ...

Loans on real estate •
Loans on shares
Unpaid dues
Balance of permanent expense account.
Balance of temporary expense account •
Cash on hand
•

.

.

. . ..

$8,423 32

$3,600 00
50 00
187 00
161 32
47 00
4,378 00

$8,423 32

.

. . 367
. 717
•
25
.
•
.
. • • .
. • . •
. . .
.
•
•

Number of shares issued during the year.
Number of . shares now in force .
Number of shares now borrowed upon
Amount of dues received during the year.
Highest premium received during the year
Lowest premium received during the year
Fines for non-payment of dues •
Transfer fees
Number of members withdrawn during the year
Present numher of members
Present number of borrowers
Present number of non-borrowers

.

.

·-

•
•

.
•·

•

.

12
120
4
116

$7,415 00
1 00
10

32 27

oO

406

BANK COMMISSIONERS' REPORT.

Amount of loans at date
Number and amount of loans on real estate
Number and amount of loans secured by first mortgage of
real estate
Number and amount of loans on shares •
L argest loan to any one member
8 mallest loan to any one member
Largest number of shares h eld by any one member
Amount of expenses of the corporation for previous year (not
including interest) •
Value of shares at last report
Total value of unpledged shares (including unpaid dues)
Number of shares forfeited during the year
Amount of interest credited to shares during the year
Number of shares withdrawn during the year .
~
Geographical limit: Massachusetts.
Amount of cash received during the year
Amount of cash paid during the year
Secretary's salary: $10 per month.
Treasurer's bonds
Secretary's bonds
Date of examination by commissioner: Oct. 18.

3
3
1

[Jan.
$3,650 00
3 600 00
3,600
50
2,000
50

00
00
00
00

25
115 00
5,843 25
7,895 00

7
115 25
83
7,783 21
4,523 83
3,000 00
1,000 00

HOMESTEAD CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - BOSTON.
Incorporated Sept. 11, 1877. Commenced business Sept. 12, 1877.
Capital to be accumulated, $1,000,000.
J osEPH S. ROPES, P resident.
SeC1'etary, DANIEL ELDREDGE,
THOMAS SwADKINS, Jun., T reasu1·er.
STATEMENT.

ASSETS.

LIABILITIES.

84 shares of stock, first series, at, $ 57 .50 .
•
.
232 shares of stock, second
series, at $ '19. 88
•
.
150 shares of stock, third
gerie., at $42.22
.
.
122 shares of stock, fourth
series, at $34.87
.
.
340 shares of tock, fifth seri es, at $27.79 •
•
.
226 shares of stock, sixt,h
series, at $20.98
.
.
609 shar s of to ·k, seventh
serie , at $ 14.43
.
.

SOB s hares of sto k, ef glttli
se ri e , at $ .11 .
:
•
521 sli ar s of st,ock, 11inth
A ri s, at $2.0
.
nrpln .

.

.

.

Jror(eitccl shar account
Withdrawal profits

OLh r liabilities .

$4,830 00
11,572 16
6,333 00
4,'254 14

Loans on real estate .
Loans on shares .
Unpaid dues
.
.
.
Balan e of pflrmanent expe nse a ·count.
.
.
Bala n e of ternporary expeu e acco nut.
Ca hon band

$53,750 00
2,650 00
1,140 00
300 00

3 34
985 83

9,448 60
5,5 0 68
8,787 87
6,560 gg
1,0L 00
2(1 4;~
): !)8

5!) 2 l
4.0!> 11
$58, !!09 17

$58,90!) 17

1882.]

P UBLIC DOCUMENT- No. 8.

407

Number of shares issu ed du ring the year •
1,597
3,133
Number of shares now in for e.
. 416
Nu mber of shares now borrowed u pon
Amomit of dues received d uring t he year
• $32,385 00
1 00
Highest premium received duri ng t he year
05
Lowest prem.i um received during the year
Fine for non-payment of dues : 2 per cent per mont h .
25
Tran sfer fee
Number of members withdrawn during the year
• 179
Present number of m embers
. 600
Present number of borrowers .
66
Present number of non-borrowers
• 534
Amount of loan s at date .
56,400 00
Number and amount of loans on r eal estate
49
53,750 00
Number and amount of loans secured by first mortgage of
real estate
48
52,550 00
Number and amount of loans secured by other mortgage of
1
r eal estate
1,200 00
Number and amount of loans on shares •
17
2,650 00
Largest loan to any one member
2,600 00
Smallest loan to any one mern ber
50 00
Largest number of sl).ares held by any one member
25
Amount of expenses of the corporation for previous year (not
including interest) *
1,035 22
Value of shares at last report •
34,966 72
Total value of unpledged shares (including unpaid dues)
47,203 47
Number of shares forfeited during the year
18
Amount of interest credited to shares during the year * •
2,845 22
Number of shares withdrawn during the year .
• 796
Number and amount of loans 'repaid during the year
21
11,350 00
Geographical limit: Massachusetts.
Amount of cash received during the year
47,617 37
Amount of cash paid during the year
50,495 64
Secretary's salary
500 00
Treasurer' s salary
25 00
Treasurer's bonds
1,000 00
Secretary' s bonds
3,000 00
Date of examination by commissioners: July 27.

* For year ending A ug. 31.

408

BANK COMMISSIONERS' REPORT.

[Jan.

MECHANICS' CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION -TAUNTON.
Incorporated Sept. 14, 1877. Commenced business Sept. 17, 1877.
Capital to be accumulated, $1,000,000.
ELIJAH TOLMAN, P1·esident.
Secreta1'Y, Enw ARD S. HERSEY.
CHARLES L. LOVERING, Treasure1·.
STATEMENT.

LIABILITIES.

ASSETS.

II
232 shares of stock, first se-

ries, at $54.56 .
.
. $12,657 92
378 ·shares of stock, second
series, at $47 .42
.
.
17,924 76
397 shares of stock, third
series, at $35.84
.
.
14,228 48
678 shares of stock, fourth
series, at $22.60
.
.
15,322 80
1,380 shares of stock, filth
series, at $10.12
•
.
13,965 60
Advance payments .
.
771 87
Interest (profit since July 1),
1,496 00
Premium (profit since July 1),
202 63
Fines .
•
•
•
•
62 37
Surplus
•
.
•
26 55
]forfeited share account
5 9i
Other liabilities •
142 38

Loans on real estate .
Loaus on shares.
Unpaid dues
.
.
.
Balance of permanent expeuse account .
.
.
Balance of temporary expense account .
Unpaid interest .
Onpaid premium
Unpaid tines
Other assets
Cash on hand

$76,807 30

Number of shares issued during the year.
1 500
Number of shares now in force.
3 065
Number of shares now borrowed upon
• 710
Amount of dues received during tbe 'year
•
Highest premium received during the year
Lowest premium received during the year
Fines for non-payment of dues •
Transfer fees
Number of members withdrawn during the year
. 144
Present number of members
• 481
Present number of borrowers •
• 105
Present number of non-borrowers
• 376
Amount of loans at date
Number and amount of loans on real estate
77
Number and amonnt of loans secured by first mortgage of
real state
77
Number and amount of loans on shares •
40
Largest loan to any one memb r
mallest loan to any one m mb r
Larg t number of share held by any one member
25
Amount of exp n es of the corporat,ion f r previou year (not
in luding intere t) •
Value of bar s at la t r eport: fir t ri s, $40.89; econd
series, $34; third series, $22,82 ; fourth series, 10.05.

$68,271 00
5,750 00
375 60
289 84
98
93
14
12
45
1,856

88
83
62
04
41

05

$76,807 30

$37,655 45
35
05
152 92
6 25

74 021 00
,271 00
6 271
5,750
3,700
25

00
00
00
00

480 95

PUBLIC DOCUMENT-No. 8.

1882.]

Total value of unpledged shares ( including unpaid dues)
Number of shares fo rfeited during the year
.A.mount of interest credited to shares during the year
Nnmber of shares wi thdrawn during the year •
Number and amount of loans repaid during the year
Geographical limit: Massachusetts.
.A.mount of cash received dµring the year.
Amount of cash paid during the year
Secretary's salary
Treasurer's bonds
Secretary' s bonds
Date of examination by commissioner: · Sept. 9.

409
•

$55,447 52

3

4,757 51
1,130
49

26,200 00
62,245
60,389
240
5,000
1,000

41
36
00
00
00

NEW BEDFORD CO-OPERATIVE SAVING-FUND AND LOAN ASSO~
CIATION - NEW BEDFORD.

ISAAC

Incorporated July 8, 1881. Commenced business Aug. 19, 1881.
Capital t o be accumulated, $1,000,000.
W. BENJAMIN, President.
Secretary, CHARLES R.
GIDEON B. WRIGHT, Treasw·er.

PRICE.

STATEMENT.

LIABILITIES,

ASSETS.

826 shares of stock, first series, at $3
I nterest account •
Premium account
Fines account
Transfer fee account
Advance dues

.. .
.

.. ..
. . .

$2,478
10
1
20

00
34
79
36
25
285 00

I Loans on real estate .

.
. .

Unpaid dues
.
.
.
Balance of permanent expense account .
Balance of temporary expense account •
Cash on hand

. .. ..

$2,795 74

5 79
64 71

.. 826
826

.

.

.

52

68 24

$2,795 74

Number of shares issued during the year.
•
Number of shares now in force .
Number of shares now borrowed upon
Amount of dues received during the year
Highest premium received during the year
Lowest premium received during the year
•
Fine for non-payment of dues: '2 per cent per month.
Transfer fee
• •
Number of members withdrawn during the year
•
Present number of members
•
Present number of borrowers
Present number of non-borrowers
•
•
Amount of loans at date
•
•
Number and amount bf loans on real estate
Number and amount of loans secured by first mortgage of
real estate
•
• •
•

.

$2,600 00
·57 00

.

.

"15

.
. . .
.
.

$2,706 00
30
15

.

25

.

1

. 137
5

132
5

2,600 00
2,600 00

5

2,600 00

410

BANK COMMISSIONERS' REPORT.

L argest loan to any one m ember
S mallest loan t o any one member
L argest number of sha res held by any one member
T otal value of unpledged sh ares (including unpaid dues)
N umber and amount of loans repaid during the year
Geographical limit: Massachusetts.
Amount of cash received during the year •
Amount of cash paid during the year
Secretary' s salary-for current six months •
Treasurer' s salary for current six months
Treasurer' s bond&
•
..
Secretary's bonds
Date of examination by commissioner: Sept. 19.

[Jan.
$800 00
300 00

25

1

2,433 00
347 00
2,738
2,674
100
25
2,000
1,000

74
03
00
00
00
00

PIONEER CO- OPERATIVE SAVING-FITND AND LOAN ASSOCIATION - BOSTON.
Incorporated July 26, 1877. Commenced business Aug. 6, 1877.
Capital to be accumulated, $1,000,000.
JosrAH QUINCY, President.
Sec1·eta·1y, DANIEL ELDREDGE.
A. J. MERCER, Treasu.rei·.
STATEMENT.

LIABILITIES.

ASSETS.

I
706 shares of stock, first se.
ries, at $59.53
313 shares of stock, second
series, at $ 49.02
194 shares of stock, third series, at $33.99
640 shares of stock, fourth
se ries, at $20.03
634 shares of stock, filth series, at $ 13.45
1,038 shares of stock, sixth
series , at $7.11
512 shares of stock, seventh
series, at $1

. .
.
.
.
.

.. ..
..

Surplus .
For fe itecl share account
Witb d rawal profits
Other liabiliti~

.

.

$42,028 18
15,343 26
6,594 06
12,819 20
8,527 30

Loans on real estate •
Loans on shares .
Unpaid dnes
Balance of permanent expense account.
Balance of temporary expense account .
Other assets
Cash on hand

.

.. .. ...
.

$ 75,900 00
5,050 00
1,311 00
250 00
66 67
126 79
10,874 97

7,380 18
512 00
388 05
10 64

26 31
25
$93,579 43

$93,579 43

um b r of shares is u ed during the year.
umber of sh a res no w in fo rce .
N umber of shares n o,v borrowed upon
Amo unt of due 'r eceived during the year
H ighes t p remi um rece ived du ring th e year
Lowe t premium r
iv d during th e y a r
Ii ine fo r non-paym ent of d'u s : 2 per c n t per m onth.
Tran f r f e
umber of m emb rs withdrawn during t h e year
P r sent n umber f m mber
•
P r sent n umber of bo rrow rs •.
Present number of non-borrowers

1 913
4,037
• 595

$40,444 00
1 00
05
25

. . 161
• 794

96
• 69-,

1882.]

PUBLIC DOCUMENT-No. 8.

41t

$, 0,950 00
Amount of loans at date •
7;- ,900 00
Number and amount of loans on real e tate
64
Number and amount of loans secured by fir t mortgage of
real estate
73,900 00
62
Number and amount of loans s cur d by other mortgage of
2,000 00
r eal estate
2
5,050 00
32
Number and amount of loans on shares •
5,000 00
Largest loan to any one member
50 00
Smallest loan to any one member
25
Largest number of shares h eld by any one member
Amount of expenses of the corporation for previous year (not
including interest) *
1,677 67
62,834 30
Value of shares at last report
Total value of unpledged shares (including unpaid dues)
75,484 11
Number of shares forfeited during the year
3
5,244 74
Amount of interest credited to shares during the year * .
Number of shares withdrawn during the year .
• 700
42,850 00
Number and amount of loans repaid during the year
40
Geographical 1'.imit: Massachusetts.
Amount of cash received during the year
89,714 36
Amount of cash paid during the year
81,693 80
Secretary's salary
800 00
Treasurer's salary
25 00
Treasurer's bonds
3,000 00
Secretary's bonds
3,000 00
Date of examination by commissioner: July 27.

* For year ending Sept. 30.

SECURITY CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - BROCKTON.
Incorporated Dec. 17, 1877. Commenced business Dec. 17, 1877.
Capital to be accumulated, $1,000,000.
H. H. PACKARD, P1·esident.
Sec1·eta1y, F. B. WASHBURN,
C. D. FULLERTON, Treasurer.
STATEMENT,

ASSETS,

LIABILITIES,

475 shares of stock, first series, at $50.!:l3 .
.
.
123 shares of stock, second
.
.
series at $36.68 .
323 shares of stock, third
series at $23.42 .
.
•
681 shares of f!tock, fourth
series at $11

Surplus.
.
.
.
Forfeited share account
Withdrawal profits .
.
Interest on dues paid in advance.
.
.
Other liabilities .

$24,191 75
4,511 64
7,564 66
7,491 00
502 57
2 90
131 30

Loans on real estate .
Loans on shares .
Unpaid dues
.
.
.
Balance of permanent expense account .
.
.
Balance of temporary expense account •
Cash on hand

$42,805 00
875 00
288 00
286 78
341 60
5,27\J 64

92 76
5,387 44
$49,876 02

$49,876 02

412

BANK COMMISSIONERS' REPORT.

[Jan.

Number of shares issued during the year.
• 674
Number of shares now in force .
1,602
Number of shares now borrowed upon
• 290
Amount of dues received during the year
. $18,130 00
•
50
Highest premium received during the year
10
Lowest premium received during the year
Fine for non-payment of dues: 2 per cent per month.
25
Transfer fee
Number of members withdrawn during the year
64
Present number of members
• 324
Present number of borrowers .
53
Present number of non-borrowers
• 271
Amount of loans at date .
43,680 00
Number and amount of loans on real estate
46
42,805 00
Number and amount of loans secured by first mortgage of
42,805 00
real estate
46
Number and amount of loans on shares .
7
875 00
Largest loan to any one member
3,000 00
Smallest loan to any one member
50 00
Largest number of shares held by any one member
25
Amount of expenses of the corporation for previous year (not
including interest) .
388 57
Value of shares at last report: first series, $36. 76; second
series, $23.42; third series, $11.
Total value of unpledged shares (including unpaid dues)
35 887 70
Amount of interest credited to shares during the year •
1,611 00
Number of shares withdrawn during the year .
. 386
Number and amount of loans repaid during the year
12
10,016 00
Geographical limit: Provincetown and Newton.
Amount of cash received during the year
37,720 26
Amount of cash paid during the year
33,720 30
Secretary's salary
250 00
25 00
Treasurer's salary
Security Committee, each •
25 00
Treasurer's bonds
5,000 00
Secretary's bonds
2,500 00
Date of examination by commissioner: Aug. 31.

1882.]

413

PUBLIC DOCUMENT-No. 8.

SOMERVILLE CO-OPERATIVE SAVING- FUND AND LOAN ASSOCIATION - SOMERVILLE.

CHARLE S

Incorporated May 4, 1880. Commenced business June 7, 1880.
Capital to be accnmulat ed, $ 1,000,000.
S. L INCOLN, P resident.
Secretary, GEOROE I. VINCENT.
W ILLIAM H. B RINE, Treasurer.
STA TEME NT.

ASSETS,

LIABILITIES .

215 shares of stock, first seri e,;, at $17.52 .
.
.
307 shares of stock, second
seri es, at $ 11.23
•
.
172 shar es of st ock, third seri es , at $7.11
.
.
.

$3,766 80
3,447 61
1,222 92

34 sha res of stock, fourth

· series, at $ 1
.
Interest account .
Premium account
Fines account
.
Advance payments
Surplus .
.
.
.
Forfeited share account .
Interest on dues paid in advance.

34 00
36 75
3 82
7 68
254 00
1 81
2 01

Loans on r eal est ate •
Loans on shar es .
U npaid d11 es
.
.
.
Balance of perma nent expense account .
.
.
Bala nce of t em porary expense account .
In terest and preminm
cha rged to shar eholder .
Cash on band •

$7,800 00
50 00
162 00
177 56
8 33
5 31
586 31

12 11
$ 8,789 51

$8,78!) 51

Number of shares issued during the year.
•
Number of shares now in force.
•
Number of shares now borrowed upon
Amount of dues received during the year
Highest premium received during the year
Lowest premium received during the year
Fine for non-payment of dues: 2 per cent per month.
Transfer fee
Number of members withdrawn during the year
Present number of members
•
Present number of borrowers •
Present number of non-borrowers
•
Amount of loans, at date .
Number and amount of loans on real estate
Number and amount, of loans secured by first mortgage of
real estate
Number and amount of loans on shares •
Largest loan to any one m~mber
Smallest loan to any one member
Largest number of shares h eld by any one member
Amount of expenses of the corporation for previous year (not
including interest) .
Value of shares at last report .
Total value of unpledged shares (including unpaid dues)

559
728
48
$7,804 00
35
05
25
30
174
7
167
13
13
1

7,850 00
7,800 00
7,800
50
2,600
50

00
00
00
00

25

137 11
1,305 00
7,914 00

414

BANK COMMISSIONERS' REPORT.

Number of shares forfeited during the year
Amount of profit credited to shares during the year
Number of shares withdrawn during the year.
Number and amount of loans repaid during the year
Geographical limit: Massachusetts.
Amount of cash received during the year
Amount of cash paid during the year
Secretary's salary
Treasurer's bonds
Secretary's bonds
Date of examination by commissioner: Sept. 30.

[Jan.

"

i)

$215 33
92
1

900 00
9,041
8,455
100
1,000
1,000

90
59
00
00
00

TAUNTON CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - TAUNTON.
Incorporated March 2, 1880. Commenced business March 17, 1880.
Capital to be accumulated, $1,000,000.
HENRY M. LOVERING, President.
Sec1·etary, HERBERT 0. MORSE,
CHARLES FosTER, Treasurer.
STATEMENT.

LIABILITIES,

2,304 shares of stock, first
series, at $20.54
•
.
665 shares of stock, second
series, at $6
Surplns.
.
.
.
Forfeited share account
Dues paid in advance .

ASSETS,

$47,324 16
3,990 00
1,561 33
17 30
439 75

$53,332 54

Loans on real estate .
Loans on shares .
Unpaid dues
•
•
.
Balance of permanent expense acconnt .
.
.
Balance of temporary expense account.
Cash on hand

$51,650 00

600 00
656 93

178 84
205 62
41 15_
$53,332 54

Number of shares issued during the year •
• 680
Number of shares now in force.
2,969
Number of shares now borrowed upon
• 264
Amount of dues received during the year .
• $34,067 00
Highest premium received during the year
20
Lowest premium received durina the year
05
Fine for non-payment of dues: 2 per cent per month.
Transfer f e
25
fl(j
N umber of members withdrawn during the year
I resent number of members
• 4 0
Pr ent numb r of borrowers
44
Present number of non-borrowers
• 436
Amount of loan at, date
52 250 00
Numb rand amount of loans on real e tate
37
51,650 00
umber and amount of loan s cured by first mortgage of
real estat,e
37
51,650 00
600 00
Number and amount of loans on shares •
7

1882.]

415

PUBLIC DOCUMENT- No. 8.

Larges t loan t o any on e member
Sm allest loan t o any ou member
25
L argest num ber of h ares held by any one m ember.
Amount of expense of the corporation for previous year (not
including interes t) •
Value of shares at last report
Total value of unpledged shares (including unpaid d ues )
7
Number of shares fo rfeited durin g the year
Amount of interest credited to .sh ares during the year
• 296
Number of sh ares withdrawn dming t he year •
6
Number and a mount of loans repaid during th e year
Geographical limit: Massachusetts.
Amount of cash received during the year
Amount of cash paid during the year
Secretary's salary
•
Treasurer' s salary
Treasurer's bonds
Secretary's bonds
•
Date of examination by commissioner: Sept. 9.

$4,000 00
50 00

419 63
20,886 80
47,235 60
1,153 22
7,700 00
36,789
37,435
300
50
3,000
3,000

03
78
00
00
00
00

TROY CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION FALL RIVER.
Incorporated July 10, 1880. Commenced business July 20, 1880.
Capital to l>e accumulated, $1,000,000.
SPENCER BORDEN, President.
Sec1·etary, C. C. RouNSEYILLE.
HENRY T. BUFFINGTON, Treasurer.
STATEMENT.

LIABILITIES .

ASSETS.

539 shares of stock, first se-

.
.
ries, at $ 16.71 .
670 shares of stock, second
.
•
series, at $13.48 .
543 shares of stock, third se•
•
•
ries, at $7.15
500 shares of stock, fourth
series, at $ 1
.
.
Forfeited share account
Other liabilities •

$9,006 69
9,031 60
3,882 45

Loans on real estate .
Loans on shares .
Un paid dues
.
.
.
Balance of permanent expense account .
Other assets
Cash on hand

$22,500 00
50 00
272 00
107 49

32 fl
550 65

500 00
41 52
1,050 29
$ 23,512 55

Number of shares issued during the year •
Number of shares now in force .
Number of shares now borrowed upon
Amount of dues received during the year •
Highest premium received during the year
Lowest premium received during the year
Fine for non-paym ent of dues: 2 per cent per month.
Transfer fee

$ 23,512 55

1,536
2,252
134
$19,655 00
62
10

25

416

BANK COMMISSIONERS' REPORT.

[Jan.

Number of members withdrawn during t he year
25
•
Present number of members
••
434
Present number of borrowers
21
'1
Present number of non-borrowers
413
•
.A.mount of loans at date
•
• • $22,550 00
Number and amount of loans on real estate
22,500 00
20
•
Number and amount of loans secured by first mortgage of
r eal estate
20
22,500 00
50 00
Number and amount of loans on shares •
1
Largest loan to any one m ember
3,300 00
Smallest loan to any one mem her
50 00
Largest numbers of shares held by any one member
25
.A.mount of expenses of the corporation for previous year (not
including interest) •
308 09
Val_ue of shares at last report
2,628 68
Total value of unpledged shares (including unpaid dues)
20,811 28
Number of shares forfeited during the year
22
.A.mount of interest credited to shares during the year
794 22
Number of shares withdrawn during the year •
• 149
Number and amount of loans repaid during the year
1,440 00
3
Geographical limit: no limit.
.A.mount of ca.sh received during the year •
23,022 72
.A.mount of cash paid during the year
23,360 17
Secretary' s salary
180 00
Treasurer's bonds
2,000 00
Secretary's bonds
2,000 00
Date of examination by commissioner: Nov. 17.

.

W .A.LTHAM CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - WALTHAM.
Incorporated Oct. 13, 1880. Commenced business Oct. 21, 1880.
Capital to be accumulated, $ 1,000,000.
M ANLEY U. ADAMS, President.
Secretary, DANIEL F. V ILE S.
G. FRANK F R OST, Treasurer .
STATEMENT.

L IA.BILITIRS,

2,054 sha res of stock, firs t
series, at $ 13.45
.
.
969 shares of stock, second
series, at $7.12 .
.
.
342 Ahares of stock, t h ird
series, at $ 1
.
•
Dues paid in advance .

ur plus .
.
•
Other liabilities •

ASSETS,

$27 ,626 30
6,899 28
342
205
204
39

00
00

06

Loans on r al estate .
Loans on share .
Unpaid du s
.
.
.
Balance of permanent expen ea unt .
tlter as et
•
Cash on hand

$31,750 00
100 00
298 00
281 78
2,877 15

17
$35,315 1

$ 5,315 81

Nwnber of hare is ued duri no- the year •
N umber of shares now inf rce .
Number of shares now borrowed upon
•

•

1 509
8,365
• 174

1882.J

PUBLIC DOCUMENT-No. 8.

417

Amount of clu es r ceived dlll'in n- th ycn.r.
$34, 679 00
Iligh est premirnn received cluri11 n- th year
50
L ow t I remium recefred durin g the year
05
Fine for non-paym ent of dues : 2 per c nt per month.
Tran fer fee
25
Number of members withdrawn during tlle year
53
Present number of m embers
474
Present number of horrow rs
26
Present number of n on-borrowers
448
Amount of loans at date
31,850 00
Number and amount of loans on r eal e t ate
31,750 00
31
Number and amount of loans secured by first mortgage of
real estate
24
26,350 00
Number ancl amount of loanR sfl cured by other mortgage of
7 . 5,400 00
real estate (iu all casei:; they holtl the first also)
Number and amount of loans on shares •
2
100 00
Largest loan to any one member
3,500 00
Smallest loan to any one member
50 00
Largest number of shares held by any one membn .
25
Amount of expenses of the corporation for previous year (not
including interest, and including expense of organization) .
574 07
Value of shares at last report ( Oct. 1, 1881) : first series, $12.45 ;
second seri es, $6.12.
Total vabte of nnpledged !':hares (including- unpaid dues)
32,9!')2 03
Amount of interest credited to shares during the year
1,040 58
Number of shares withdrawn during the year •
406
Number and amouut of loan s r epaid cluring the year
4.950 00
Geographical limit: Massachusetts.
.A.mount of cash received during the year.
41 ,229 36
.A.mount of cash paid during the year
4U,684 21
Secretary' s salary
200 00
Treasurer's bonds
1,000 00
Secretary's bonds
3,000 00
Date of visitation by commissioner: Nov. 29.
WEST ROXBURY CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - BOSTON.
Incorporated Feb. 1, 1881. Commenced business March, 1881.
Capital to be accumulated, $1,000,000.
JOHN PEARCE, President.
Secreta1·y, THEODORE B. MOSES .
DANIEL A. BROWN, Treasw·e1·.
STATEMENT,

LIABILITIES,

ASSETS,

II
264 shares of stock, first series, at $8.32 •
.
.
180 shares of stock, second
series, at $2.08 .

$2,196 48
391 04

$2,587 52
53

Loans on real estate .
Unpaid dues
.
•
.
Balance of permanent expense account.
.
.
Balance of temporary expense account •

$2,400 00
84 00
22 55
80 97
$2,587 52

418

BANK COMMISSIONERS' REPORT.

•
Yumber of shares issued during the year.
•
Number of shares now in force .
Number of shares now borrowed upon
.Amount of dues received during the year
Highest premium received during the year
Lowest premium received during the year
Fines for non-payment of dues •
Number of members withdrawn during the year
Present number of members
Present number of borrowers .
Present number of non-borrowers
.Amount of loans at date .
Number and amount of loans on real estate
Number and amount of loans secured by first mortgage of
real estate
Largest loan to any one member
Smallest loan to any one member
Largest number of shares held by any one member
Amount of interest credited to shares during the year
Numher of shares withdrawn during the year .
Geographical limit: Massachusetts.
.Amount of cash received during the year
Treasurer' s bonds
Secretary's bonds
Date of examination by commissioner: Dec. 24.

.
.

[Jan.

469
452
12

$2,425 00
50
05
11 00
3
109
3
106

3
3

2,400 00
2,400 00
2,400 00
1,500 00
400 00

20
48 00

17
2,498 87
1,000 00
1,000 00

WORCESTER CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION - WORCESTER.
Incorporated Oct. 19, 1877. Commenced business October, 1877.
Capital to be accumulated, $1,000,000.
D. S. GODDARD, President.
Secretary, T. J. HA.sTINGS.
T. M. LAMB, Treasurer .
STATEMENT.

ASSETS.

LIABILITIES.

402 shares of stock, first series, at $55.28 .
.
•
237 sh ares of stock, second
seri es , at $40.51
.
.

427 shares of stock, third se.
.
ri es, a t , '26.57 .
!>36 sh ar es of st ock, fourth
seri es, at $ 13.39
.
.

63G shares of stoek, fifth se.
.
ri s, a t $ 1 .
Du s paid in advance.
In terest a co un t .
Premiu m accoun t
ll'in s a count
.
Trans r r f ea c unt .
Forf it d shar ac nnt

$ 22,222 56
9,600 87
11 ,345 39
12,533 04
635
2,541
260
24
11

00
00
05
(:i4
61
25

Loans on real est!.l,te .
Loan on shares .
Un1 aiddn s
.
.
.
Balance of t emporary e -pense account.
Saf
.
.
.
Balan e of p rmau nt exp n. e account.
ns1 ense a oouut
Ca h ou band .

$ 53,700 00
1,740 00
491 00
152 37
50 00

284 13
471 62
2,293 03

7 74
$ 59,18.., 15

$59,182 15

1882.J

P UBLIC DOCUMENT-No. 8.

419

1,205
Number of sh ares issued luring t he year .
2,037
Number of shares n ow in fo rce .
. 385
Nu mber of shares now bonowed upon
• $26,938 00
Am ount of dues received during the year.
Highest premium received during t he year: --td3rr per cent per
month.
Lowest premium recei ved during the year: Th per cent per
month.
Fine for n on-paym ent of dues: 2 per cent per month.
25
Transfer fee
62
Number of members withdrawn during the year
• 479
Present number of m embers
68
Present number of borrowers .
411
Present number of n on-borrowers
55,440 00
Amount of loans at date
53,700 00
56
Number and amount of loans on r eal estate
Number and amount of loans secured by first mortgage of
47,950 00
45
real estate
Number and amount of loans secured by other mortgage of
5,750 00
11
real estate
1,740 00
25
Number and amount of loans on shares
3,600 00
Largest loan to any one m ember
25 00
Smallest loan to any one m ember
25
Largest number of shares held by any one member .
Amount of expenses of the corporation for previous year (not
697 00
including interest) .
Value of shares at last report: first series, $54.28 ; second series, $39.51; third series, $25.57; fourth series, $12.39.
45,562 60
Total value of urrpledged shares (including unpaid dues)
Number of shares forfeited during the year
3
2,517 46
Amount of interest credited to shares during the year •
Number of shares withdrawn during the year .
• 318
16
8,430 00
Number and amount of loans r~paid during the year
Geographical limit: Massachusetts.
38,373 45
Amount of cash received during the year.
38,273 80
Amount of cash paid during the year
350 00
Secretary' s salary
100
00
Treasurer' s salary
2,500 00
Treasurer's bonds
500 00
Secretary' s bonds
Date of examination by commissioner: Sept. 13.

420

BANK COMMISSIONERS' REPORT.

[Jan.

WORKINGMEN'S CO-OPERATIVE SAVING-FUND .A.ND LOAN ASSOCIATION - BOSTON.

Incorporated June 9, 1880. Commenced business June 11, 1880.
Capital to be accumulated, $1,000,000.
Secretary, DANIEL ELDREDGE.
ROBERT TREAT PAINE, Jun., President.
CHARLES W. DEXTER, Tl'easw·e1·.
STATEMENT,

LIABILITIES,

611 shares of stock, first series, at $17.36 .
.
.

504 shares of stock, second

series, at $11.09
•
•
459 shares of stock, third series, at $5 •
Snrplns.
.
.
.
Forfeited share account
Withdraw·a1 profits
Other liabilities .

ASSETS,

Loans on real estate .

$10,606 96 Loans on shares .

4 On

Unpaid dues
.
.
.
Balance of permanent expense account.
.
.
Balance of temporary expense account .
Cash on hand

9 81
505 96

•

5,589 36
2,295 00
12 86

$19,024 01

$14,600 00
50 00
801 00
240 00
9 23
3,323 78

$19,024 01

Number of shares issued during the year •
1,134
Number of shares now in force.
1,574
Number of shares now borrowed upon
83
Amount of dues received during the year
• $16,339 00
Highest premium received during the year (for one month only)
1 10
Lowest premium received during the year
05
Fine for non-payment of dues: 2 per cent per month.
Transfer fee
25
Number of members withdrawn during the year
78
Present number of members
• 284
Present number of borrowers .
12
Present 1mruber of non-borrowers
272
Amount of loaus at date
14 650 00
Number and amount of loans on real estate
11
14 600 00
Number and amount of loans secured by first mortgage of
real estate
11
14,600 00
Number and amount of loans on bares •
1
50 00
Larg st loa n to any one member
2,700 00
mallest loan to any one member
50 00
Larg t number of shares held by any one member
25
Amount of xpen es of the corporation for pr viou y ar (not
including intere t) *
283 12
Value of hares at la t report
4 065 00
Total valu of unpledO'ed bare (in ludincr unpaid dues)
17,564 54
umber of har forf it d during th year
12
Amount of inter t credit d to share durincr they ar *.
314 19
Number of shares withdrawn durino- they ar .
861
Numb rand amount of loan . r paid during the . ear
4
4,000 00
• For year endlng May 31 .

1882.]

PUBLIC DOCUMENT-No. 8.

Geographical limit: Massachusetts.
Amount of ca h received during the year
Amount of ca. h paid during the year
Secretary's salary
Treasurer's bonds
Secretary's bonds
Date of examination by commissioner: July 27.

421
•

$21,316 80
18,058 94
150 00

1,ouo oo
1,000 00

INDEX.

INDEX TO THE ANNUAL REPORTS.

SAVINGS BANKS.
LOCATION.

CORPORATE NAME.

Abington
Adams
Amherst.
Andover.
Arlington
Athol
Barnstable
Barre
Beverly •

r

I
I

I
I
I

Boston

I

l

Bridgewater

•

Brockton

.f
l

Brookfield
Brookline

•
•
(

I

·j

Cambridge

l

54

Abington Savings Bank
South Adams Savings Bank
Amherst Savings Bank
Andover Savings Bank
Arlington Five Cents Savings Bank
Athol Savings Bank .
Barnstable Savings Bank.
Barre Savings Bank .
Beverly Savings Bank
Boston Five Cents Savings Bank •
•
Boston Penny Savings Bank .
.
.
Brighton Five Cents Savings Bank
.
Charlestown Five Cents Savings Bank .
Dorchester Savings Bank
East Boston Savings Bank
Eliot Five Cents Savings Bank_
Emigrant Savings Bank
Franklin Savings Bank .
Home Savings Bank.
Institution for Savings in Roxbury and its Vicinity
Mechanics' Savings Bank
Mercantile Institution for Savings .
North End Savings Bank
Provident Institution for Savings in the Town of
Boston
South Boston Savings Bank
Suffolk Savings Bank for Seamen and Others
Union Institution for Savings in the City of
Boston .
.
.
.
.
.
Warren Institution for Savings
.
West Boston Savings Bank •
•
Bridgewater Savings Bank
North BridgewaterBSavkings Bank •
Brockton Savings an
.
Brookfield Savings Bank.
Brookline Savings Bank .
Cambridge Savings Bank
Cambridgeport Savings Bank.
.
.
East Cambridge Five Cents Savings Bank
North Avenue Savings Bank .
•
.

PAGE.

2
284
4
6
9

11
375
14

22
24
27

33
58
376
84
95
98
116

150
160

379
379
246
261
289
308

314
333
386
31
381
40
41
42
46
44
88
240

426

INDEX.
LOCATION,

Cant on .
Chelsea
Chico pee F alls
Chicop ee
Clinton
Cohasset.
Concord .
Danvers.
Dedham.
East Briclgewater .
Easth a mpton
Easton
East Weymouth
Fairhaven
Fall River

Fit.ch burg
Florence.
F oxborough
Framingham .
Franklin
Gardner. ·
G eorgetown
Gloncester
Grafton .
Grea t Barrington
Greenfield.
Groveland
Hanvich.
Haverhill
Hay d en ville
Hingh a m
Holli ton
Hol yok e .
Hop kin ton
Hudo n
H yannis .
H y d e P ark
I psw ic h
L ancaster
Lavnence
Lee .
Leic ster
L omin t r
L xinoton
L owe ll

CORPORATE NAME.

Canton Institution for Savings
Chelsea Sa vings B a nk .
Chicope~ Falls Sa nngs Bank
Chicopee Savings Bank
• Clinton Savings Bank .
Cohasset Savings Bank
• Middlesex Institution for Savings
. Danvers Savings Bank
Dedham Institution for Savings
East Bridg ewater Savings Bank
Easthampton Savings Bank
North Easton Savings Bank
East Wey mouth Savings Bank
Fairhaven Instituti on for Savings
( Citizens' Savings Ba nk
~ Fall River Five Cents Savings Bank
LF a ll River Savings Bank .
.
Union Savings Bank
f Fitchburg Savings B a nk .
.
.
· } Worcester North Savings Institution
• Florence Sa vings Bank
Fox borough Sa vin gs Bank
Framingham Savings Bank
Benjamin Franklin Savings Bank
Gardner Sa vings B a nk
Georgetown Savings Bank .
Ca pe Ann Sa vings B a nk
Grafton Savings Bank .
Great Barrington Savings Bank
• f Franklin Sav ing Institu tion
l Greenfield Sa vings B a nk .
Grovel a nd Savings Ba nk
.. Cape Cod Fiv e Cents Savings Bank
f H a v erhill Sa ,·ing B a n k .
•
• l City Fiv e Ce n t s Savings B a nk
H ayLlen v ille Savings B a nk .
Hingha m Institu tion for Sav ings
H olliston Sav ings Ba nk
H olyoke Saving. B a nk
· Mec ha ni cs' a viu gs B ank
H opk i nton Sav ings Ba nk
Hud on avin as Ba nk .
H yann i Saving Bank
• Hyd e P ark Savi n a Ban k •
I p w ir h Sav in gs B a nk.
Lanra te r a ,·ing, Bank
B roadway a\'ing Bank
ank .
. { E , x Savi n oLawr 1we avi 11 g Bank
L
aYing lank
Leic ster a.Ying
an l
Leominst r a.Yino- Banl
L .xino-ttin :-:laYino- Bank
' ut.ral ad ng Bank .
.
' i t.y In t.itu ti n for av ing
{
L o w ll Fiv
n ts a vin g B a nk

l

(Jan.
PAGE.

49
60
6::S

65

74
76
209

80
82
86
91
244
93

• 102
67
104
106
316

108
366
110
111
11 3

18
121
123
51
• 125
127
• 118

• 129
131
5±

137
69
140
142
145
147

1 2
154
l.'i6

376
15
165
• 377
3'

~m

:'..67

mu
171
173
37
56
71

175

1882.]

PUBLIC DOCUMENT-No. 8.

LOCATIO N.

Lowell

•

Lynn
Malden
Marblehead •
. Marlborough .
Medford.
Medway.
Melrose •
Merrimac
Middle borough
Milford .
Milbury.
Monson.
Nantucket
Natick
Needham
New Bedford
Newburyport
Newton .
North Adams
Northampton
North Attleborough
North Brookfield
Orange .
Palmer •
Peabody.
Pittsfield
Plymouth
Provincetown
Quincy •
Randolph
Rea~ing.
Rockland
Rockport
Salem
Salisbury
Sandwich
Scituate .
Shelburne Falls
South Braintree
Southbridge .
South Scituate
South Weymouth.
South Yarmouth
Spencer .

427

CORPORATE NAM&.

PAGE,

Lowell Institution for Savings •
. { Mechanics' Savings Bank .
•
Merrimack River Savings Bank .
Lynn Five Cents Savings Bank .
· L ynn Institution fo r Savings
.
• Malden SaYings Bank •
Marblehead Savings Bank .
Marlborough Savings Bank
• M edford Savings Bank
M ed way Savings Ba nk
M elrose Sa vings Bank.
Merrimac Savings Bank
Middleborough Savings Bank
Milford Savings Bank .
Milbury Savings Bank
Monson Savings Bank.
Nantucket Institution for Savings
• Natick Five Cents Savings Bank
Needham Savings Bank
{ New Bedford Five Cents Savings Bank
• I New Bedford Institution for Savings
Institution for Savings in Newburyport and its
. { Vicinity
.
.
.
.
.
.
Newbury port Five Cents Savings Bank
• Newton Savings Bank.
! Hoosac Savings Bank .
.
• l North Adams Savings Bank
J Hampshire Savings Bank .
.
.
• I Northampton Institution for Savings
• Attleborough Savings Bank
• North Brookfield Savings Bank.
Orange Savings Bank .
Palmer Savings Bank .
• Warren Five Cents Savings Bank
Berkshire County Savin.gs Bank
Ply mouth Five Cents Savings Bank .
· Plymouth Savings Bank .
•
.
Seamen's Savings Bank
• Quincy Savings Bank .
Randolph Savings Bank
• Reading Savings Bank
Rockland Savings Bank
Rockport Savings Bank
{ Salem Five Cents Savings Bank
• l Salem Savings Bank .
.
.
Provident Institution for Savings in the Towns
of Salisbury and Amesbury
• Sandwich Savings Bank
Scituate Savings Bank
Shelburne Falls Savings Bank •
Braintree Savings Bank
Southbridge Savings Bank .
South Scituate Savings Bank
South Weymouth Savings Bank
Bass River Savings Bank
• Spencer Savings Bank .

.

f

.
.
.

f

.

.

177
194
205
179
182
185
188
190
197
199
201
203
207
211
214
218
220
222
380
225
228
162
232
234
152
238
135
23(-i
13
242
248
250
330
20
255
258
280
267
269
382
272
383
274
277
264
384
385
282
29
286
291.
293

rn
295

428

INDEX.

LOCA.TION',

[Jan.

CORPORA.TE NA.ME,

Springfield
Stockbridge
Stoneham

.

PA.GB.

. 133
.. 297
299

{ Hampden Savings Bank
.
.
.
. Springfield Five Cents Savings Bank
Springfield Institution for Savings .
Stockbridge Savings Bank .
Stoneham Five Cents Savings Bank .
Bristol County Savings Bank
Taunton Savings Bank
.
Templeton Savings Bank
Crocker Institution for Savings •
Uxbridge Savings Bank
Wakefield Savings Bank
Wales Savings Bank
Waltham Savings Bank
Ware Savings Bank
Wareham Savings Bank
Watertown Savings Bank
Webster Five Cents Savings Bank
Wellfleet Savings Bank
Westborough Savings Bank
. J Westfield Savings Bank
W oronoco Savings Bank
Miners' Savings Bank .
Weymouth Savings Bank
Whitinsville Savings Bank.
Winchendon Savings Bank
Winchester Savings Bank .
Woburn Five Cents Savings Bank
( People's Savings Bank
.
.
.
.
~ Worcester County Institution for Savings
· 1 Worcester Five Cents Savings Bank.
l Worcester Mechanics' Savings Bank

.

·l

Taunton.

.

TempletonTurner's Falls
Uxbridge
Wakefield
Wales
Waltham
Ware
Wareham
Watertown
Webster.
Wellfleet
Westborough

78
318

.
.
.

.

.

.

.
.

Westfield
West Stockbridge.
Weymouth
Whitinsville .
Winchendon .
Winchester
Woburn.

.

Worcester

320
322
323
325
328

336
338
340
342
344

.

.

304
306
35
311
313

.

.
.

.

368
216
346
348
350
352
354
252
356
360
363

TRUST COMPANIES.
American Loan and Trnst Company .

•

390
. 390
I Collateral Loan Company .
.
.
•
•
• 391
International Trust Company .
.
•
.
392
Massachu etts Hospital Life Insurance Company • 395
Massachusetts Loan and Trust Company.
.
• 392
l New England Trust Company .
• 393
. Worcester Safe Deposit and Trust Company
• 394:

f Boston Safe Deposit and Trust Company •

Boston

·1

.

I

Worcester

CO-OPERATIVE S VING-FUND AND LOAN ASSOCIATIONS.
Boston

fHome tead

.

l W rk ing m n '
Brockton
E ast am bridge
Fall Ri ver
Fitchburg
Haverhill
Holyoke .

.

i Pioneer . .
· ·w e t R ox bury
.

·l
.

a mp llo
ecurity
Cam bridge
Troy
Fitchburg
Haverhill
Holyoke .

. 406

. 410
. 417
. 420
. 399
411
. 398

.
.
.

415
402
404
405

1882.J
LOCAT ION ,

L ynn
N ew B edford
Som erville
Taunton .
W altham
Worcester

PUBLIC DOCUMENT - No. 8.
CORPORATE NAME.

Equitable
N ew Bedford .
Somerville
. ! Mechanics'
l T aunton .
Waltha m
Worceste r

429
P.\GR,

• 401
409

413
408

414
416
418

General Remarks on Banks
iii
General Remarks on L oan and Trust Com panies
vii
General Remarks on Co-operative Saving-Fund and Loan Associations .
viii
Revised Statutes r ela tive to Savings Ba nk s .
xi
Aggregate Statement of Banks doing Business .
370
Comparative A ggregates .
372
Trial-Balance Sheet .
between 372 and 373
Aggregate Statement of Banks in the Hands of Receivers
• 387
Table exhibiting Number, Condition, etc., of Savings Banks in each Year
from 1834 to 1881 inclusive
388