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AMR
PUBLIC DOCUMENT.

No. 8.

KS
TO
WN

ANNUAL REPORT

18

RREN

18V Но ,

83
S
O
N

OF THE

S

r E
do SN

BOARD OF COMMISSIONERS

SAVINGS BANKS.

1882.

BOSTON :
WRIGHT & POTTER PRINTING CO., STATE PRINTERS,
18 Post Office SQUARE.
1883.

QVARD UNIVERS

R
A

DEC 19 1941
ON
ATI
. GRADUATE SCHOOL
STR

UOLIC ADMINISTRA

Commonwealth of Massachusetts .
OFFICE OF THE COMMISSIONERS OF SAVINGS BANKS,
STATE House, Boston, January 31, 1883.

To the Honorable Senate and House of Representatives.

The Commissioners of Savings Banks have the honor to pre
sent their Seventh Annual Report for the consideration of the
legislature.

There are now 167 savings banks and institutions for savings,
doing business in the Commonwealth , an increase of two during
the year.

The last legislature granted an act of incorporation for the
Warren Savings Bank , to be located in Warren, which is a
thriving manufacturing town. The bank was organized and
commenced business in August last , under favorable condi
tions.

The Lexington Savings Bank , whichi, by decree of the Su
preme Judicial Court , was placed in the hands of receivers Dec .
13 , 1878, was restored to its corporate powers by this court
August 15, and allowed to reorganize and resume business.
Three dividends of twenty -five per cent. each of the princi
pal of its deposits had been declared and paid , when a large

number of the depositors petitioned the Supreme Judicial Court
to allow the bank to be restored , alleging the need of a bank in

that locality . After an examination of the affairs of the re
ceiver had shown the ability to pay the deposits in full and
leave a surplus of twenty per cent. over the balance due the
depositors, after paying all the expenses of the receivership ,
the court dissolved the injunction . The deposits received since

the resumption have been nearly double the withdrawals, and
the bank seems to be again in a fair way for success .

vi

.

BANK COMMISSIONERS' REPORT.

[Jan .

The number of banks now in the hands of receivers is seven ,

five less than at this date last year.
The five receiverships which have been closed during the

year were those of the West Boston Savings Bank , which has
paid in all 85 per cent. to its depositors ; the Rockport Savings

Bank , which has paid 84 % per cent. to its depositors ; the
Hyannis Savings Bank , which has paid 77 per cent. to its de
positors ; the Mercantile Savings Institution of Boston , which
has paid 83 55 per cent. to its depositors ; and the Lexington

Savings Bank , previously referred to , resumed payment in full.
Of the seven banks still in the hands of receivers, the affairs
of two, theNorth Bridgewater and the Needham savings banks,
will be closed at an early date. The depositors of the former
will receive a final dividend of about five per cent., which will

make the percentage of the principal of the deposits paid to
them about 93 per cent.

The depositors of the Needham Savings Bank will probably

be paid the full amount of the principal of their deposits.
The delay in closing the affairs of the Barnstable , Lancaster
and Sandwich savings banks is represented by the receivers to
be the difficulty of obtaining a fair market price for certain large

lots of unimproved land, some of which are flats or marsh , in
Boston and vicinity.

If their expectations in regard to prices

cannot be realized early in the coming season , it is our judg

ment that they would be justified in selling the property at the
best prices then attainable , in order to close the receiverships,

one of which has existed more than seven years, and the other
two nearly five years.
The settlement of the affairs of the Scituate and Reading
savings banks is delayed by litigation . The receivers of both

banks express the confident belief that all suits pending will be

settled during the year, and that the final dividends can then be
paid .

The receivers of four savings banks which have been wound
up, have paid into the treasury of the Commonwealth the un

claimed moneys or dividends remaining in their hands for one
year after the final settlement ordered by the Supreme Court ,
in accordance with the provisions of chap . 116 , sect. 44 , of the

Public Statutes.

These were the Dorchester, Mechanics', West

Boston and Rockport savings banks.

1883. ]

PUBLIC DOCUMENT — No . 8 .

vii

The number of depositors in the Dorchester Savings Bank ,
at the date of the perpetual injunction , was 1, 478 ; the total
amount of dividends paid by the receivers was $ 368,883.87 ;

the balance paid into the treasury of the Commonwealth by the
receivers was $943.28, due to 88 depositors. The number of de
positors in the Mechanics' Savings Bank was 1 , 709 ; the total

amount of dividends paid was $309,502.45 ; the balance paid
into the treasury of the Commonwealth was $622.63, due to 159
depositors.

The number of depositors in the Rockport Savings

Bank was 882 ; the total amount of dividends paid was
$ 154 ,425 .77 ; the balance paid into the treasury of the Com
monwealth was $ 141. 14 , due to 8 depositors. The number of
depositors in the West Boston Savings Bank was 5 ,451 ; the

totalamount of dividends paid was $ 1,548,713.44 ; the balance
paid into the treasury of the Commonwealth was $ 5 ,450 .92 , due
to 891 depositors.
In compliance with the requirements of chap . 77 of the Acts
of 1882 , the receivers of the Mechanics', West Boston and

Rockport savings banks have also deposited with the commis

sioners the books and papers of these insolvent banks, includ
ing those relating to their receiverships.

These books and

papers have been placed in a room assigned by the sergeant

at-arms, but owing to the crowded condition of the State
House , a proper repository , where they may be assorted and

classified , has not yet been obtained .
On the following page is a table giving some statistics relative

to banks in the hands of receivers.

The Emigrant Savings Bank , which is being wound up by its
officers, has paid its depositors one dividend of ten per cent.
during the year, which makes the dividends to date 80 per cent.,
and its officers feel confident that the bank will pay the deposi
tors nearly , if not quite, the full amount of their deposits .

The amount of deposits in the savings banks doing business
October 31, 1882, was $ 241, 311, 362. 49, being $ 10,866 ,883. 39

more than at the same date of the previous year.
The surplus was $ 5 ,032,414.74, showing an increase of
$ 141,814 .07 for the year.

Total
. s

.
NAME

Savings
Bank
,.13D27
50L875
030
23
ec
ancaster
,21DL.Lexington
89
09
' 301
Bank
Savings
878
ec
exington

*.|H64
Bank
Savings
,Hyannis
,051Sept
878
58
29
.3 yannis
Lancaster

,.81
Bank
Savings
Barnstable
MB878
0$1223
74
40
arnstable
ay

.
Injunction

perpetual
of
Date

77
Chap
.toprovisions
1882
of
Acts
the
of

.*The
dividend
final
the
paying
are
banks
these
of
receivers

SMechanics
'Bank
11877
,9.4Feb
33
60
21
,B, avings
oston
70,235201F*BS'vgMercantile
.for94
Inst
s19
oston
878
eb
,6241MNeedham
37
23
N3879
Bank
Savings
eedham
arch
.B'k,|N1NB84403
Sav
3ridgewater
877
40
rockton
ov
50
2111
,Aeading
13
879
12
,RReading
.81
Bank
Savings
pril
,.12FR71
Bank
Savings
Rockport
4694
878
eb
59
ockport
,.1S2J22
Bank
Savings
Sandwich
9an
,5878
09
86
andwich
Scituate
Savings
Bank
,91J.S44
4uly
880
cituale
25
86
West
BBoston
ank
oston
,?.Sav

.
Location

,t1The
business
resumed
has
.bank
Court
Judicial
Supreme
the
by
dissolved
been
having
injunction
his

,0$9567
40
78

,261
127
53

,3320898
90
1723,354
,360
551
28
,345
155
69
,415
182
58
,145
108
35

,934
428
92

95,222
52

04
14
62,1$ 87
,617
524
05
,390
973
36

.
Injunction
of

Date
at
Depositors

due
Amount

,5$735582
31

,107
81
,87012
63
,71513
44
48

,51363
42
,425
154
77

,55813
17
,799
484
29

,90928
517
,416
8971
,502
309
45
,52755
73
29

,1$96066
01
,102
407
83

Amount
of
.
Dividends

.
Centum

Per

Assets
of
Balance

4164greeably
.1CSect
hap
and
Statutes
Public
books
nd
deposited
been
have
banks
of
Savings
of
Commissioners
the
with
,apapers
Banks

,i:Tnhe
depositors
due
balances
Commonwealth
treasurer
the
deposited
have
banks
these
receivers
of
provisions
the
with
accordance

10,9$717
30

15,78388
,231
57
910

,20245
52
15
75
,929

7,522
32

9026,406

,745
284
39

,0$211
58
47

in
Re
ofthe
Hands
convertible
ceivers
.
Dividends
future
for

BANK COMMISSIONERS' REPORT.

D•This
cent
per
often
dividend
paying
after
assets
of
balance
,1.2isthe
882
1ec

i3Isn91
amount
tothis
$6addition
of
.8,0sum
treasurer
late
the
from
due
48

18,1$989433

.
Receivers
the

to
delivered
Assets

of
value
Nominal

.
ofReceivers
Hands
inthe
Banks
viii

[Jan .

1883. ]

PUBLIC DOCUMENT - No. 8 .

The guaranty fund was $ 4 ,027,205. 28 , which was an increase
of $686 ,142.93 for the year.
The number of open accounts was 772 ,518, an increase of

33,567 for the year ; which would make the average of the ac
counts $312.37, an increase from the average of the previous
year of $ 0 .52.

The amount of deposits during the year was $ 49,234,652.63,
$ 1 ,011, 155 .77 more than the previous year, and the number of
deposits (677,422 ) increased 61, 908. The average of deposits

was $72.68. The average the previous year was $78.35, being
a decrease of $ 5 .67 for the year.

The total of withdrawals was $44,318,521.56 , showing an in
crease of $ 4 ,105 ,735.12 from that of the previous year.

The

number of withdrawals was 458 ,494 , - 38,535 more than the

previous year.
The average of the withdrawals was $96 .66 , an increase of
$ 0 .91 from the previous year, when it was $ 95.75.
Investments in United States bonds have decreased $ 3 ,712 ,
882.08. State and municipal bonds have increased $433,288 .60.

Loans on public funds have decreased $842, 375. 38 .
ments in bank stock have increased $363 ,256 .01.

Invest

Loans on bank stock have increased $ 113,747 .76 .

Invest

ments in railroad bonds have increased $ 1 ,214, 352.06 .

Loans on
069.57, and
acquired by
Loans on

mortgages of real estate have increased $ 3,611,
$850 ,845.29 have been deducted from real estate
foreclosure , which is $ 7,201,605.50.
personal security have increased $ 8 ,578,519 .05.

The deposits in banks bearing interest are $ 12 ,907,905 .40 , an
increase from the previous year of $ 1, 137,490 . 13 .

The percentage of assets in the variousclasses of investments
is about fourteen and seven -tenths per cent. in public funds,

and loans on public funds ; ten and fifty-four one-hundredths
per cent. in bank stock , and loans on same ; three and fifty-nine
one-hundredths per cent. in railroad bonds ; thirty -four and

thirty-six one-hundredths per cent. in loans on mortgages of
real estate ; three and seven -eighths per cent. invested in real
estate, including foreclosures ; twenty -two and seven-tenths

per cent. in loans on personal security ; three and three-fourths
per cent. in loans to counties, cities and towns ; five and fifteen
one-hundredths per cent. in deposits in banks on interest ; one

BANK COMMISSIONERS' REPORT.

[ Jan .

and thirty -three one-hundredths per cent. in cash on hand and
sundry items.
The earnings of the bankswere $ 12 , 645,648.65 , - $ 360, 303.30
more than the previous year. The amount of dividends was
$ 8 ,530,385. 21, an increase of $ 236 ,610 .84.
Seven banks paid the highest rate of dividend of interest
allowed , - five per cent; seventeen banks paid dividends be

tween four and five per cent. ; one hundred and twenty-seven
banks paid four per cent. dividends ; two banks paid three and
three- fourths per cent. dividends ; six banks paid three and one
half per cent. dividends ; four banks paid three per cent. divi
dends; three banks paid no dividend of interest , but of these ,
one was organized the present year ; two were temporarily en

joined by decrees of the Supreme Judicial Court, one of which
has resumed business during the year, and the other is being
wound up by its officers.
The average rate of ordinary dividends was three and
ninety -seven one-hundredths per cent. , or three one-hundredths

per cent. less than the previous year.
The condition of the savings banks is generally satisfactory .
They are gradually but continually increasing the guaranty

fund , and slowly disposing of the real estate acquired by fore
closure . A few of them have suffered considerable loss by the
failure of the Pacific National Bank , and by the assessment on the
stock of that and another bank considerably involved with it .

The tendency of the act of last year, restricting the invest
ments of savings banks

in the stock of any one national

banking association to three per cent. of the deposits , will be

conservative in its effect ; but authority still exists to invest in
bank stock to an amount that could absorb the entire deposits
of a majority of the banks, if the management so desired .
Werespectfully renew the recommendation made in our last
annual report , that investments in the shares of national

banks be limited to one-quarter of the deposits of any one
savings bank .
LOAN AND Trust COMPANIES .

The number of loan and trust companies now doing business
in the Commonwealth is six.
There is nothing of special importance to be reported rela

tive to any of them .

1883. ]

PUBLIC DOCUMENT — No. 8 .

xi

The last legislature passed a resolve requiring the Commis

sioners of Savings Banks and the Commissioner of Corpora
tions to consider the subject of a general law for the regulation
of these institutions, and to report a bill therefor to this general

court. This duty has been attended to , and a bill will soon
be reported .
CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATIONS.

There are now twenty-five co -operative saving-fund and
loan associations doing business in the Commonwealth , seven
more than last year.

These associations have continued to prosper, and have
increased their assets $382, 992.51 during the year, which now
amount to $ 1 ,036 , 135 .31.

On the next page is a table of statistics showing the general
condition of each association .

The Public Statutes relative to savings banks, with such
additions and amendments as weremade by the last legislature ,
are published in the succeeding pages.

,Cambridge

,Springfield

Taunton
,
, oy
·Tr
.,Waltham
Westfield
.,
West
Roxbury
,
·
Worcester
,.

Workingmen
's,.
Totals
,.
.

·

O coer

,1877
.Oct

,
Greenfield

,1882
July
,12.A0877
ug
,241J.| 880
uly
,10
882
1June

,
Haverhill
Holyoke
,
Worcester
,.

1,Sept
. 4877

New
Bedfo
,. rd
Rive
Fall
., r
Boston
,.
P,. lymouth
,Brocktoni
,Somerville

,
Springfield
Taunton
,
Fall
River
,.
,Waltham
,Westfield
P.,| oston
Worcester
,
.

.

.

.

.

.

41

365

·876
,92 24
95
1,341

194
378
28
237
169

64
|
110

28
6,319
57
,642
78
74
,585
105

30

56
9,537
21
,051
24

110

,71 67
1,335
3,038

,10
880
1J| uly
1,.O880
3ct

7,2 77

369
348
237
448
425

4,207

676

,1.D| 3881
ec
1Feb
,. 881
,1.Oct
9877

381
785

114

3,605
2,131

570
314

8,4815

311,$0i353655
,08 17

.

.

371

,74 79
1,857

754

235

175

90

70
9,385
28
,835
126
38
1,822
35
,071
62
14
,772
19
68
8,086

247
, 55
21
39, 85
70
233
85
, 55
38
1,822
33
,195
12
63
,982
10
68
8,086

60
,520
82
64
,704
52
72
, 10
688
82
4,350
90
9,791
43
,553
84

106
, 88
29

51
,853
36

850
, 29
17

129
09
, 92
307
, 25
37
34, 50
82

27, 04
38
328
25,71

,951
82
$392

(Jan .

.
Decreaso
.

28
6,319
40
,733
19
44
,778
28
56
9,537

154

518
610

177

*74
$986

, 67
87511
18, 64
79
57
,557
27
35383
72
,169
17
15
7,022

,43 61
,04 32
1, 75
,12 96
1,273

of
Increase
Assets
from
Previous
Year
.

47
15,445

938

356

.

46

45
$5,298
41
,080
74
61
,707
22
83
,539
82
35
383
52
,154
40

20
5

,21.Dec
881
July
,1881
11
1,Feb
. 8882
1,26
.J877
uly
,71June
882
,1. 7877
Dec
4,1880
May
,13
882
1April
,21.)M880
arch

une
1,9.J880

B,. oston

220

2,331

935

,1Sept
. 1877

Bosto
n
.,
T,. aunton
Bosto
n
:,

.

1,5 877

.Oct
,21.|O877
ct

.Assets

RS
BANK COMMISSIONE ' REPORT .

Pioneer
,.
.,Plymouth
Security
,.
Somerville
.,

· · · · · · . . . . . . . . . . .

Homestead
,
..
.',Mechanics
Merchants
,.
New
Bedford
,
People
's,.

Brockton
,
Lynn
,.
Fitchburg
,

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

Home
,

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

,River
Green
.,Haverhill
Holyoke
,.

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

Equitable
,.
Fiichburg
,.

East
Cambridge
Sept
,
· · · · · · ·

Campello
,

of
Number
now
Shares
embers
MForce
.Binorrowers

.Incorporation

xii

|!PPresent
resent
ofNumber
of
Date

Locati
on
.

.NAME

1883.] PUBLIC DOCUMENT — No. 8.
[P. S.,Chapter 116.]
OF SAVINGS BANKS AND INSTITUTIONS FOR SAVINGS.
COMMISSIONERS OF SAVINGS BANKS.

DIVIDENDS AND PAYMENTS .

SECTION
1. Appointment and tenure of office .
24. Guaranty fund.
2 . Compensation and allowances.
25. Net profit to be divided among depos
3. Commissioners to visit and examine
itors, and in what manner.
26. Dividend not to be paid, unless net
every bank annually.
4. may summon and examine officers,
profits are one and one-half per cent.,
etc. ; penalty for refusing to obey
except, etc .

SECTION

gummons, or for obstructing com . | 27. Extra dividends.
mirsioner.
28. No dividend to be declared or paid ,
5. shall examine bank on request of
until, etc.
five officers or creditors, etc.
29. Deposits, how withdrawn. Payments
6. proceedings by,when bank is insol
to minors.
vent, or in a hazardous condition.
30.
Depositor
may set off the amount of
7. Schedule of effects to be delivered to
his deposit in proceedings by the cor
receivers. Officers may be examined
poration.
under oath .
31. In actions for deposits, claimants may
8 . Commissioners to examine the ac
be made defendants, etc. Deposits
counts, etc., of receivers.
may remain ,or be paid into court, etc.
9. Commissioners to report violations of 32. When a deposit is made in trust,
law , and attorney -general to prose.
name, etc.,ofpersons for whom made,
cute.

10. to report violations of law by re
ceivers.

to be disclosed ; to whom payable in

case of death .

33. Depositor to be notified when amount
entitled to dividend is exceeded .

SAVINGS BANKS AND INSTITUTIONS FOR

31. List of amounts due depositore not

SAVINGS.
11. Savings banks and institutions for say.

entitled to dividend to be published
once in five years.

ings, powers and duties of.
12. Power of general court over same.

SPECIAL TRUST FUNDS.

Penalty for obstructing investigation . 35. Corporations may receive funde in
trust for parks, shade-trees, ceme

OFFICERS AND MEETINGS.
13. Officers of such corporation.
14. Treasurer's bond.

teries, and drinking fountains.
tors, etc., holding funds in trust for

36. Probate court may authorize execu

15. Choice and appointment of officers.
Buch purposes, to deposit same.
Vacancies. Clerk to notify persons 37. Statement of the amountthereof to be
made every third year, etc.
elected, and publish list. Penalty .
16. Specialmeetings, how called and noti. 38. If the corporation ceases to do busi
fied .
ness, these funds, where to be depos
17 . Members of the corporation .
ited .
13. Regularmeetingsoftrustees. Quorum .
BOOKS AND RETURNS.
Statement of condition. Record of
meeting, and names of truetees pres. 39. Commissioners may prescribe manner
ent. Ofice of trustee, how vacated ,
of keeping and auditing books, eto .
40. Treasurer to make annual report.
and proceedings thereon.
Particulars to be stated in same.
DEPOSITS, LOANS, AND INVESTMENTS. 41. Additional statements may be re.
19. Limit to amount of deposits, and of
quired.
interest.
42.
Commissioners
to furnish forms of
9 . Investments .
reports
;
to
report
to the general
21. No officer, etc., to borrow of the cor.
court.
poration, or becomesurety,
43. Treasurer to inform overseers of poor
22. Savings banks, etc., not to receive
of deposits to the credit of a pauper.
brokerage, etc .,on account of a loan . | 44. Receivers to deposit unclaimed mon
Penalties.
eys, etc., with treasurer.

23. Applications for loans.

xiii

xiv

Appointment
and tenure of
oflice of board .

1868 , 192, $ $ 1, 2.

BANK COMMISSIONERS' REPORT.

Jan .

COMMISSIONERS OF SAVINGS BANKS.
SECTION 1. The board of commissioners of savings banks
shall consist of two commissioners appointed by the governor,

1876,231,$$ 1-3. with the advice and consent of the council,and subject to re

moval in like manner, each of whom shall be sworn, and shall
hold office 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 .
Compensation
and allowances.
1879, 124 , $ 1.
1882, 148 .

The board to
visit and exam .
ine every bauk
annually.

1806. 231,
192, $ 3.2.
1876,

Sect. 2. The annual salary of each of said commissioners

shall be two thousand eight hundred dollars ; and the board
shall be allowed two thousand dollars a year for clerical assist
ance, and also the actual expenses incurred in travelling in
theSect.
discharge
of itscommissioners
official duties.shall visit once in every year,
3. The
and as much oftener as they deem expedient, every savings
bank and institution for savings incorporated by authority of
this commonwealth. At such visits they shall have 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 con
dition 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.
mayexamine
summon Sect. 4. Either of the commissioners may summon all trus
and
officers,
penalty etc.;
for re. tees, officers, or agents of any such corporation , and such other
fusing to obey witnesses as he thinks proper, in relation to the affairs, transac
summons, or
obstructing
tions and condition of the corporation,and for that purpose may
commissioner .
1866 , 192, $ 3 .

1876, 231, $ 3.

administer oaths ; and whoever refuses, without justifiable

cause, to appear and testify when thereto required, or obstructs
a commissioner in the discharge of his duty, shall be punished

by fine not exceeding one thousand dollars, or imprisonment not
exceeding one year .
The
board
shall
Sect. 5 . Upon the certificate under oath of any five or more
examine bank

on requestof

five officers or
creditors, etc .
1868, 192, $ 4 .

officers, trustees, creditors or depositors of any such corpora
tion , setting forth their interest and the reasons for making such

1876, 231, $ 3.

examination , directed to the commissioners and requesting them
to examine such corporation, they shall forthwith make a full
investigation of its affairs in the manner before provided .

proceedings

Sect. 6 . The commissioners, if upon such examination any

by, when bank

insolvent,orin such corporation appears to be insolvent, or its condition such

1883. 1

PUBLIC DOCUMENT — No. 8.

ху

as to render its further proceeding hazardous to the public or to condition
a hazardous
.

those having funds in its custody, shall apply , or, if such cor- 1866,
192,$5.
1876 , 231,
$ 3.

poration appears to bave exceeded its powers or failed to com
ply 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 ac

cording to the course of proceedings in equity to restrain or
prohibit the further prosecution of the business of the corpora
tion asmay 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 Schedule
of
effects to be

the corporation shall make a schedule of all its property ; and male,-worn
to,
and delivered to
its treasurer, board of investment, and otherofficers transferring Officers
receivers.
may be
its property to the receivers shall make oath that said schedule onth
examined
under
.
sets forth all the property which the corporation owns or is en - 1878, 253, $ 5.
titled 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 invest
ment, 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 Commissioners
to examine the
once in every year, and as much oftener as they deem expe- ofaccounts,etc.,
receivers.
dient, examine the accounts and doings of all such receivers ; 21878,253,
$$ 1,
, 3,
and shall carefully examine and 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 lations
to report
vio
of law .
corporation or its officers or trustees have violated any law in 1868,192,
$ 7.
relation to savings banks or institutions for savings, shall forth - 1876
1878,, 231,
253,$$ 36..
with report the same, with such remarks as they deem expedient,
to the attorney-general, who shall forthwith institute a prosecu
tion for such violation in behalf of the commonwealth .

Sect. 10. The commissioners, whenever in their opinion lations
to report
vio .
of law
any such receiver has violated his duty , shall present the facts by
receivers.
1878, 253, $ 4.
to ihe supreme judicial court.

BANK COMMISSIONERS' REPORT. [ Jan .

xvi

SAVINGS BANKS AND INSTITUTIONS FOR SAVINGS.

Savingabanks

and institutions
for savings ,
powers and
duties of.

1876 , 203, $ 1.

SECT. 11. All savings banks or institutions for savings, in
corporated under the authority of this commonwealth, may ex
ercise the powers, and shall be governed by the rules, and sub
ject to the duties, liabilities, and provisions contained in the fol
lowing sections, so far as the same are consistent with the pro

visions of their respective charters ; and any such corporation
may, by vote at its annual meeting or at a meeting called for
the purpose, except any provision of said sections which is in
consistent with its charter.
Power of gen

Sect. 12. The general court may make other or further

eral court over

same.
Penalty
for obstructi
ng regulations for the government of such corporations, or may
investigation .

G . S . 57, $$ 102,
103, 155 .

1876, 203, $ 27.

take away their corporate powers ; and every such corporation
and its oflicers shall be subject to examination by any committee

of the general court appointed for the purpose, who may ex
amine into the doings of the corporation, and shall have 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 them to such committee, or who in

any way obstructs its examination thereof, shall be punished by
fine not exceeding ten thousand dollars, or imprisonment not

exceeding three years.
OFFICERS AND MEETINGS.

Oficers
of such
corporations.

Sect. 13 . The officers of every such corporation shall con

1876 ,203,$$ 2,3. sist of a president, one or more vice-presidents, a board of not

less than nine trustecs, a treasurer, clerk , and such other officers
as it may find necessary for the management of its affairs.
The president, vice -presidents and trustees shall be chosen from
the members, and no person shall hold any office in two such
corporations at the same time. Such officers shall be sworn ,

and shall hold their several offices until others are chosen and
qualified in their stead , except in the cases hereinafter provided
otherwise.

Treasurer:
boud , and duty
of trustees and
board concern .
ing same.
1876 , 203, $ 3.
1880 , 162.

Sect. 14. The treasurer shall give bond for the faithful dis
charge of his duties to the satisfaction of the trustees, and they
shall file a copy of the bond with the commissioners, and shall
notify them of any change thereafter made therein . The com
missioners shall keep a record showing when said bondsexpire
and the changes so notified , and , whenever in their judgment
it is necessary for the security of the depositors, shall require a
new bond, in such amount and with such sureties as they may
approve .

1883.]

PUBLIC DOCUMENT — No. 8.

xvii

SECT. 15. The officers of every such corporation , except the appointment
Choice and of

treasurer, shall be chosen at its annual meetings, to be holden Vacancies
vilicers. .

Not

at such time as the by-laws direct , any thing in its charter to vacate
taking oflice
oath,.10
the contrary notwithstanding. The treasurer shall be appointed persons
Clerk to elected
notify,
by the trustees, and shall hold his office during their pleasure. Penut
and publishi
hat.
y.

If an office becomes vacant during the year, the trustees may 1876, 203,§ 4.

appoint a person to fill the same until it is filled at the next
annualmeeting ; and if a person chosen or appointed does not
within thirty days thereafter take the oath , his office shall there
apon become vacant. The person acting as clerk at such meet
ing 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 not taken the oath

of office, shall be liable to a penalty of fifty dollars.
SECT. 16 . Every such corporation may at any time hold ings
Specialmeet.
, how called
specialmeetings by order of its trustees ; and its treasurer shall and
notified .
1876 , 203, $ 5 .

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 season
ably mailing to each member a written or printed notice of such
meeting.

Sect. 17. Every such corporation may, at a legal meeting, Members
Members ofof. thethe
corporation

elect by ballot any citizen of this commonwealth to be a member 1876,203,§6.
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 bis intention so to do three months at least before such
meeting. No person shall continue to be a member after re
moving from the commonwealth .
meet
SECT. 18 . A regular meeting of the board of trustees of Regular
once
to beofheldtrustee'
every such corporation shall be held as often as once in three ings
in three months .

Quorum . State .
months, for the purpose of receiving the report of its treasurer, ment
condi.
tion
.
and for the transaction of other business. A quorum shall con - Record
und ofofbank
of each

sist of not less than seven trustees, but less than a quorum may

meeting, and

of trus
adjourn from time to time or until the next regular meeting. names
1 present.
tees
Office of trustee,
At each regular meeting the trustees shall cause to be prepared how
vacated ,
a statement showing the condition of the corporation as it and proceedings

appears upon its books, in the form of a trial balance of its 1876, 203,§ 7.

xviii

BANK COMMISSIONERS' REPORT. [ Jan .
accounts, and such statement shall be posted in a conspicuous
place in its banking -room , and there remain until the next regu
lar 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 such trustee, for six consecutive months, his office shall
thereupon become vacant. A record of such vacancy shall be
entered upon the books of the corporation, and a transcript of

such record shall be sentby mail to the person whose office is
thus made vacant.
Names of in
The trustees of every savings bank and institution for sav
vesting officers
to be published ings, incorporated under the authority of this commonwealth ,
in newspaper.

1982,chap.50, shall cause to be published semi-annually in some newspaper

sect 1 .

published in the county in which such corporation is located
the names of the members of the board of investment or other

officers of such corporation charged with the duty of investing

its funds. The first publication thereof shall be within thirty
days of the election of said officers and the second publication

at the expiration of six months therefrom .
DEPOSITS , LOANS AND INVESTMENTS.

Limit to amount SECT. 19. Every such corporation may receive deposits
from
anyper- from any person until they amount to one thousand dollars ;
son , and in .

of deposits
terest

1876 , 203, $ 8 .

and may allow interest upon such deposits , and upon the inter
est accumulated thereon , until the principal, with the accrued
interest, amounts to sixteen hundred dollars ; and thereafter

upon no greater sum than sixteen hundred dollars ; but the
limitations contained in this section shall not apply to deposits
hy religious or charitable corporations.
Deposits, etc.,
how invested .
1576 , 203, § 9 .

First mort.
gages of real
estate .

1871, 203, $ 9.
cl. 1.

Secr. 20. Deposits and the income derived therefrom shall
be invested only as follows:

First, On first mortgages of real estate, situated in this com
monwealth , to an amount not to exceed sisty 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 two members of the board of investment, who
shall certify to the value of the premises to be mortgaged ,

according to their best judgment, and such report shall be filed
Public funds.
1872, 203 , § 9,
cl, 3 .

1880, 177, $ 1.
1881,
214 Š 2.

and preserved with the records of the corporation .
Second , In 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 common

1883.]

PUBLIC DOCUMENT — No. 8.

XIX

wealth , or of any city of the states of Maine, New Hampshire,
Vermont, Rhode Island, or Connecticut, whose net indebted
ness does not exceed five per cent. of the last preceding valua
tion of the property therein , for the assessment of taxes ; or of
any county or town thereof whose net indebtedness does not
exceed three per cent. of such valuation ; or in the notes of any

citizen of this commonwealth , with a pledge of any of the afore
said securities at no more than the par value thereof.
In addition to the investments authorized by section twenty tain
May additional
make cor
of chapter one hundred and sixteen of the Public Statutes, sav- 1882,
investments.
clap, 231.
ings banks and institutions for savings may invest their depos

its and the income derived therefrom in the legally authorized

bonds of the states of Pennsylvania , Ohio , Michigan, Indiana,
Illinois, Wisconsin and Iowa, and of the District of Columbia ,
and in the legally authorized bonds, for municipal purposes, of

any city in the aforesaid states, and in the state of New York ,
which has at the date of such investment more than fifty thou
sand inhabitants and whose net indebtedness does not exceed

five per cent of the valuation of the taxable property therein ,
to be ascertained by the last preceding valuation of property
therein , for the assessment of taxes ; and in the note or notes

of any citizen of this commonwealth , with a pledge as col
lateral of any of the aforesaid securities, the amount invested
in such note or notes not to exceed in any case eighty per cent.
of the market value of the securities pledged.
Third , In the first mortgage bonds of any railroad company Railroad
bonds.
1881, 214 , $ $ 1, 4

incorporated under the authority 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 .

BANK COMMISSIONERS' REPORT. [Jan .

XX

Bank stocke,

and deposits in
bank , etc .

1876, 203, § 9,
1881, 214, $ 3.

cl 4 .

Fourth, In the stock of any bank incorporated under the au

thority of this commonwealth, or the stock of any banking asso
ciation 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: pro
vided , that such corporation shall not hold , both by way of in
vestment 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 hun
dred thousand dollars, in the capital stock of any one such bank
or association . Savings banksmay 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 incor

porated 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.
Investments in
the stock of
banke limited .

No savings bank or institution for savings shall hereafter

banksLimited . invest or bold as collateral security more than three per cent. of
its deposits in the stock of any one bank or banking association
such as are described in the fourth clause of section twenty of
chapter one hundred and sixteen of the Public Statutes. Any
such savings bank or institution for savings which now has
more than three per cent. of its deposits invested as aforesaid ,
shall reduce its investments therein to said limit, on or before

the first day of July in the year eighteen hundred and eighty
three .

Loans to depos.

itore .

1879, 57, $ 1.

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
Personal
securities .
1876 , 203, § 9 ,
cl. 5 .

collateral security for the payment of such loan .
Sixth, If such deposits and income cannot be conveniently in

vested in the modes hereinbefore prescribed, not exceeding 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 the principal and sureties are all citizens
of this commonwealth and resident therein .

Corporation
building and
mile .

1876, 203, $ 9.
ci. 6 .

Seventh , Ten per cent of the deposits of any such corpora
tion , but not exceeding two hundred thousand dollars, may be
invested in the purchase of a suitable site and the erection or
preparati 'n of a suitable building for the convenient transaction
of its business .

1883. )

PUBLIC DOCUMENT — No. 8.

xxi

Real estateby
Eighth , Any such corporation may hold real estate acquired acquired
foreclosure,
etc.
by the foreclosure of any mortgage owned by it , or by purchase 1876,
203 , & 26 .
at sales made under the provisions of any such mortgage or see c.13,§ 20.

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 vested in the corpora
tion .

Timesaleextended
Any savings bank or institution for savings incorporated for
of real

acquired
under the authority of this commonwealth may sell any real byestateforeclosure
of
mortgage,
foreclosthe
by
acquired
been
has
estate now held by it, which
etc .

1892,chap.200,
ure of any mortgage owned by it, or by purchase at sales made sect.
1.
under the provisions of any such mortgage, or upon judgments
for debts due it or in settlements effected to secure such debts ,

at any time before the first day of July in the year eighteen

hundred and eighty-three, notwithstanding any limit provided
by the eighth clause of section twenty of chapter one hundred
and sixteen of the Public Statutes.

Ninth , The provisions of this chapter shall not be construed securities
Pledges ofas
to invalidate or in anymanner impair the title of any corpora - remain
collateralvalidto .
tion to any securities which have been or may he held by it in 1876,203,$
1878, 94, $ 1.30.

pledge or as security for a loan or indebtedness ; and the same
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 invest- toNoborrow
officer,the
etc.,
ment, or officer of such corporation charged with the duty of corporation
funds of the, or
investing its funds, shall borrow or use any portion thereof, be becomepurety
1876, 203, § 10 . .
surety for loans to others, or in any manner, directly or indi

rectly, be an obligor for money borrowed of the corporation ;
and if such member or officer becomes the owner of real estate

upon which a mortgage is he'd by the corporation, his office
shall become vacant at the expiration of sixty days thereafter,
unless he has ceased to be the owner thereof, or has caused said
mortgage to be discharged . Only one of the persons holding
tbe offices of president, clerk , and treasurer shall at the same
time be a member of the investing committee.
SECT. 22. No such corporation , nor any person acting in its etc.,
Savings
banks,
not to

behalf, shall negotiate, take, or receive a fee, brokerage, com
mission, gift, or other consideration for or on account of a loan

receive brok

erage, etc , on
account of a

Jade by or on behalf of such corporation , other than appears 1876,
Penalties.
203, § 11.

on the face of the note or contract by which such loan purports
to be made ; but nothing herein contained shall apply to any
reasonable charge for services in the examination of titles and

xxii

BANK COMMISSIONERS ' REPORT. [ Jan .
preparation of conveyances to such corporation as security for
its loans. Whoever violates a provision of this section shall be
punished by fine of not less than one hundred , nor more than

one thousand dollars. All sums paid for services, fees, or
otherwise to a member of the board of trustees shall be reported
in detail at each regular meeting of the trustees.

Applications

for loans to be

Sect. 23. All applications for loans shall be made in writ

in writing, and ing, through the treasurer of the corporation, who shall keep a
1878, 203,§12. record thereof, showing the date, name of applicant, amount
asked for, and the security offered , and he shall cause the same
to be presented to the board of investment.
DIVIDENDS AND PAYMENTS .

Guaranty
fund
to be created

SECT. 24. Every such corporation shall, at the time of

maintained. making each semi-annual dividend , reserve as a guaranty fund,
and
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 shall be thereafter maintained and held
to meet losses in its business from depreciation of its securities,
or otherwise .

profitamong
Net
to
divided

Sect. 25 . The income or profit of every such corporation ,

depositors,and after a deduction of all reasonable expenses incurred in the
management thereof and the guaranty fund, shall be divided

in whatmanner .
1876, 203, § 14.

among its depositors or their legal representatives at times

fixed by its by-laws in the following manner : Ordinary divi
dends 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.
notto Sect. 26. If, at the time provided by the by-laws for mak
Divid
be
paidendunless
net profits are

one and one
half per cent.,
except, etc .
1876 , 203, $ 15 .

1880, 150.

ing ordinary dividends, the net profits for the six months pre
ceding, over and above the sum to be added to the guaranty
fund , do not amount to one and one-half per cent. of the depos
its, no dividend of the profits shall be declared or paid , except
such as shall be approved in writing by the commissioners.

1883.]

PUBLIC DOCUMENT — No. 8.

xxiii

Sect. 27. Once in every term of three years , if the net may
Extrabedividende
paid

profits accumulated over and above said guaranty fund and three
once inyears
every,
dividends amount to one per cent. of the deposits which have when
1876, ,etc.
203, § 16 .
remained in such corporation for one year then next preceding,
such net profits shall be divided among the depositors whose
deposits have remained therein for one year at least then next

preceding, in proportion to the amount of dividends which
have been declared on their deposits during the three years

then next preceding.
Sect. 28. No dividend shall be declared until the trustees beNodeclared
dividendorto
cause an examination to be made, and find that the amount paid,until,
etc..
1876, 203, § 17

thereof has actually accrued ; and no dividend or interest shall
be paid unless authorized by a vote of the trustees after such
examination .
SECT . 29. The principal deposits in such corporations may withdrawn.
Deposits, how

be withdrawn at such time and in such manner as the by-laws minore
Payments
. to
direct, but the deposits so withdrawn shall be deducted in each 127
1876,Mass.
203,§183.
18.

case from the amounts last deposited Money deposited in the
name of a minor may, at the discretion of the trustees or com
mittee of investment, be paid to such minor or to the person

making such deposit ; and the sameshall be a valid payment.
Sect. 30 . A person indebted to any such corporation, set
Depositormay
off the

whether his indebtedness is secured or not, may, in any pro - deposit
amountinofpro
his
ceeding for the collection thereof or for the enforcement of corporation
ceedinys by . the
any security therefor, set off the amount of a deposit held and 1878, 261, $ i.
owned by him at the time of the commencement of such pro
ceeding, and of the interest due thereon , except a deposit pur
chased or acquired from another after the commencement of
proceedings in equity to restrain the corporation from doing
its usual business.

SECT. 31. In actions against any such corporation for are
whenclaimed
deposito
by
money on deposit therewith , if it appears that the same fund than
a person
other
plaintiff ,

is claimed by another party than the plaintiff,whether by the beclaimants
may
made defend
husband or wife of such plaintiff , or otherwise, the court in Deposits
ants, etc.may

which such action is pending, on the petition of the corpora- paid
remainintoorcourt,
be

tion and on such notice as the court considers proper to the 1876
dic., 203, $

plaintiff and to such claimants,may order the proceedings to 1877, 179.
be amended by making such claimants parties defendant there

to ; and thereupon the rights and interests of the several par
ties in and to said funds shall be heard and determined. Such
deposits may remain with the corporation until final judgment,
and shall be paid in accordance with the order of the court,
or may be paid into court to await final judgment; and,
when so paid into court, the corporation shall be stricken

19 .

BANK COMMISSIONERS' REPORT.

xxiv

[ Jan .

out as a party to the action, and its liability for such deposit
shall cease.

The taxable costs of the corporation in such

actions shall be in the discretion of the court, and may be
charged upon the fund.

When
Sect. 32. When a deposit is made in such corporation by
is madea indeposit
trust,
name,etc.,of any one in trust for another, the name and residence of the per
whom made,to son for whom it ismade shall be disclosed , and it shall be cred

person for
be disclosed ;
to whom pay .
able in case of
death .

1876 , 203, $ 20 .

ited to the depositor as trustee for such person ; and 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.

Depositor to be Sect. 33. The treasurer of every such corporation , upon
amountentitled making up each semi-annual dividend , shall send written notice
exceeded .
by mail to each depositor, who for six months then next pre
1876 , 203, $ 21.
notified when
to dividend is

ceding 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 .

List of amounts

Sect. 34. Every such corporation shall once in five years

due depositors
not
entitled to publish , in some newspaper of the county where it is established ,
dividend to be
published once
in five years .

1876 , 203, § 22.

a list of the amounts standing to the credit of depositors who
have not been entitled to dividends on the whole amounts stand
ing 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.
SPECIAL TRUST FUNDS.

Fundsin trust
for parks,
Bhade trees ,

cemeteries, and
drinking foun
tains. Principal
not to be with
drawn, and to
be exempt from
attachment.
1875 , 174 , $ 1.

Sect. 35. Any such corporation may receive on deposit to
any amount funds in trust for the purpose of setting out shade
trees in streets and parks, and improving the same; for pur

ipal chasing land for parks, and improving the same; for maintain

om ing cemeteries or cemetery lots, and for erecting and maintain
ing drinking fountains in public places, or for any or all of said
purposes. Such funds shall be placed on interest in such cor
poration , and the interest and dividends arising therefrom shall

be paid semi-annually to such city, town or cemetery authorities
asmay 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 ceme
teries for any or all of said purposes, as may be specified by

1883.]

PUBLIC DOCUMENT — No. 8.

XXV

such donors or such will. No part of the principal of such
funds shall be withdrawn or expended , and the same shall be
exempt from attachment or levy on execution .
Sect. 36 . A judge of the probate court, after due notice Probate
court
authorize
executors,
and a hearing, if in his judgment it is expedient so to do, may may
etc.,
deposit funds
authorize an executor, administrator or trustee holding money into trust
for such

or other personal property for any of the purposes mentioned 1877,962.
in the preceding section , to deposit such moneys or the avails
arising from such personal property in any such corporation
designated by the judge, to be held by it in the manner and for
the uses and purposes mentioned in said section , and upon the

trusts upon which said executor, administrator or trustee held
the same ; and upon the deposit of such money and its receipt
and acceptance by such corporation the said executor, adminis

trator or trustee shall be discharged from further care and

responsibility therefor.
Sect. 37. The funds held in accordance with the two pre- Statementof the
amount thereof

ceding sections shall be known as the “ Shade- Tree and Ceme

tery
Fund,” and the treasurer of the corporation in which they
are deposited shall give a certificate of gift to each donor of

to be made
every third
year, etc .

1876, 174, $ 2.

such funds, and shall send by mail or deliver in the month of
January in every third year after the first deposit to the mayor
of any city, or the chairman of the selectmen of any town within

the limits of which the interest and dividends 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 town.
if the corpora.
SECT. 38 . If a corporation holding such fụnds surrenders its tion
ceases to
do business,
charter or ceases to do business the supreme judicial court may these
funds to
in
order said funds to be transferred and deposited in someother be deposited

such corporation upon the same trusts as aforesaid ; and if the 1875, 171,9 8.
laws authorizing such corporations are repealed the court may
order said funds to be transferred and deposited in such banking

institutions as it may deem proper, to be held upon the trusts
aforesaid .

BOOKS AND RETURNS.
Sect. 39 . The commissioners may prescribe the manner and prescribe
Board mayman
form of keeping and auditing the books and accounts of any and
ner ofauditing
keeping
books, etc .
such corporation.
1880 , 228 , $ 1.

SECT. 40. The treasurer of every such corporation shall Treasurer
to
annual
report to board .
annually within fifteen days after the last business day of Octo make
Particulars to
ber make a report to the commissioners, showing accurately the
condition thereof at the close of business on said day. The

be stated in
same.

1876 , 203, § 23 .
1877, 159,

BANK COMMISSIONERS' REPORT.

xxvi

Jan .

report shall be in such form as the commissioners shall pre
scribe, and shall specify the following particulars : namely ,
Name of corporation , and number of corporators ; place where
located ; amount of deposits ; amount of each item of other lia
bility ; public 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 stock,

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 value, and amount
invested in each ; loans on railroad bonds, stating amount on
each ; estimated value of realestate , 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 amountof 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 out
standing 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 num
ber of accounts closed , severally , for the previous year ; and the

annual expenses of the corporation ; all of which shall be certi
fied 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 knowledge and belief.
Additional
statements may

SECT. 41. Such annual reports shall also , when so required

be
required by
the board .

by the commissioners, state the number and amount of open

1880, 228, § 2.

accounts of fifty dollars and less , of those exceeding fifty dol
lars and not more than one hundred dollars, of those exceeding
one hundred dollars and notmore 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, guar
dians, religious and charitable associations, and in trust, respec
tively .

1883.]

PUBLIC DOCUMENT — No. 8.

xxvii

Sect. 42. The commissioners shall furnish blank forms of Blank formsof
reports to be
furnished.
reports to every such corporation , and shall prepare annually Commissioners
from such reports , and communicate to the general court on or to report tothe
before the first Wednesday in January, a statement of the con- 1966, 192,96.
dition of each corporation from which a report has been received 1878, 253, 2.
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 rela
tive to the general conduct and condition of each of the corpora

tions visited by them .
SECT. 43. The treasurer of every such corporation shall, inform
Treasurer
overto.

upon a written request signed by an overseer of the poor of a seers
of poorto
of deposits
city or town, inform him of the amount, if any, deposited in the pauper.
the credit ofa
corporation to the credit of any person named in such request, 1876,203,$ 25.
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 com
monwealth if the pauper is a charge upon the commonwealth.

Sect. 44. Receivers of any savings bank or institution for deposit
Receiversunto.
savings having unclaimed moneys or dividends remaining in claimedmoneys,
etc., with treas

their bands for one year after final settlement ordered by the 1881,
urer. 70.
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
evidence satisfactory to him of the identity of the claimant and

the justice of the claim .
Receivers of insolvent savings banks and institutions for sav- Receivers
to
deposit books
ings shall, at the end of one year after final settlement ordered and
paperswith
commissioner

by the court, deposit with the commissioners of savings banks

at end of a . .

after set
ilement,ordered
all books and papers of such insolvent savings banks and insti- year

tutions for savings, including those relating to their receiver- 81.
1882,chap.77,
ship . And said commissioners shall receive and hold the same s
in some proper repository in the state house.

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 BUSINESS ON THE
31st OF OCTOBER, 1882.

2

BANK COMMISSIONERS' REPORT.

[Jan.

ABINGTON SAVINGS BANK – ABINGTON . .
Incorporated 1853. Number of corporators,53.
Treasurer, Judson N . FARRAR.
Zichri N . WHITMARSH , President.
STATEMENT.
LIABILITIES,

Deposits, . . .
Earnings undivided ,
Guaranty fund, .

ASSETS .

Da
nkfunD
$ 1,056 ,889 54 Public
o O
24 ,726 01 | Bank stock , P
13,850 00 Loans on bank
Railroad bonds,

Real estate,

$ 93,012 50
167 ,342 87
1,750 00
45,661 08
4 . 250 00
2,638 31
675 ,401 16
49,884 00

.

Real estate by foreclosure, .
Loans on real estate, .
Loans on personal security , .

Loans to counties, cities, or
4,000 00

towns, .

Deposit in bank on interest, .
Expense account,

.

60,575 54
60 95

.

303 47

Suspense account,

Cash on hand, .

.

585 67
$ 1,095,465 55

.

| $ 1,095,465 55
Loans on Bank Stock :

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

. . .
$ 1,750 00
00
. . . .
. .
4,250 00
. . . . 2,638 31
. . . . 2,450 00
. .
198 00
37 53
. . . .

...:::

On 21 shares Abington National Bank , . .
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 incomereceived from the same, .
Amount of municipal tax on real estate, .
Cash on Deposit in Bank :
Abington National Bank , . . . .
Whole amount of interest or profits received or

. . .
earned , .

.
.

. $60,575 54
.

. $59,691 49

Rate and amount of each semi-annual dividend for previous ) 21 per cent., 21,819 47
year, . . . . . . . . . . . 23 per cent., l 22,656 32
Times for the dividends fixed by the by-laws: first Tuesday in April and
October.
Averago annual per cent. of dividends for the term ending at time of,and
including, last extra dividend : 74.

The total amount of loans, with each specified rate of interest: $ 90,000,
5 per cent. ; $ 10,000, 50 per cent. ; $647,035.16 , 6 per cent.
Number ofoutstanding loans which are ofan amount not exceeding $ 3,000
each , . . . . . . . . . .
. . . 514
Aggregate amount of the same, . . . . . . . . . 415,985 16
Number of open accounts,

.

.

.

.

.

.

.

.

2,812

Number and amount of deposits received for previous year, . 1,568
Number and amount of deposits of and exceeding $300 at any one time
for the previous year, . . . . . . . . . . 178
Number and amount of withdrawals, . . . . . . 1,388
Number of accounts opened the previous year, . . . . . 452
Number of accounts closed the previous year, . . . . . 306
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . .
Date of examination by commissioner : July 10.

199,299 42
112,316 00

169,609 03
1,872 36

15,000 00

1883. ]

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Estimated

Par Valne.

Market Value. Amount Invested .

City and town bonds :

.

$ 1,000

$ 1,000 00

$ 1,000 00

of Fall River, Mass.,

25 ,000

30 ,500 00

of Boston,Mass., .

15 ,000
5 ,000
8,000
10 ,000
7 ,000
20,000

15 ,300
5 ,900
8,000
11,300

27 ,407
15,000
5 ,000
8,000
8 ,605
7,000
21,000

City of Lynn, Mass ,

of Holyoke,Mass , .
Town of Bangor,Me.,
Abington,Mass ,

City of
.
of Portland, Me., .

of Meriden , Conn , .

. ..

00
00
00
00

7 ,850 00
21,400 00

50
00
00
00
00
00
00

$91,000 $104,250 00 $93,012 50
BANK STOCK .

Abington Nat'l Bank, Abington,

$ 15,500

Boston Nat'l Bank, Boston, .
Blackstone Nat'l Bank, Boston ,
CentralNat'l Bank, Boston, .
Continental Nat'l Bank, Boston,
Eliot Nat'l Bank, Boston,
Eagle Nat'l Bank, Boston, . .
Freeman 's Nat'l Bank , Boston,
Globe Nat'l Bank, Boston,
Howard Nat'l Bank , Boston , .

7 ,400
7 ,500
2,400
2,500
5 ,900
1,900

Hamilton Nat'l Bank, Boston, .
Hide and Leather Nat'l B 'k , Boston ,

Mount Vernon Nat'l Bank, Boston , .

Merchants' Nat'l Bank, Boston,
Metropolitan Nat'l Bank , Boston ,
North Nat'l Bank , Boston , .

Redemption Nat'l Bank, Boston, . .

Republic Nat'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,
Third Nat'l Bank, Boston , .

Webster Nat'l Bank, Boston, .
First Nat'l Bank, South Adams,
Old Colony Nat'l Bank, Plymouth
First Nat'l Bank , Danvers,

1,500
5,000
15 ,000
5 ,000
6 ,800
3 ,800
10,000
4,000
2,200
11,000
4 ,500
5 ,000
1,000

3,200
5 ,800
2,000
4 ,700

4,000
3,200
2,850

$ 21,700
8 ,906
8, 137
867
2,950
6 ,755
2 ,128
1,740
5 , 400
18,300

00
00
50
CO
00
50
00
00
00
00

5 ,900 00
7 ,480 00

4 ,910
14 , 100
4 ,810
2 ,838
14 ,382

00
00
00
00
50

5 ,670 00
7 ,687
1,055
3,936
5 , 220
2,020

50
00
00
00
00

5 ,123
5 ,600
4 ,480
3,572

00
00
00
00

$ 17 ,470 00

7,400 00
7 ,500 00
2,400 00
2 ,500 00
5 ,900 00
1,91 (0) 00

1,500
5 ,500
15 ,000
5,500
6 ,800
3,800
13 ,000
4 ,000

00
00
00
00
00
00
00
00

2,600 00
14 , 280 00

4 ,500 00
7, 200 00
1,000 00
3,200 00
5 .800 00

2,000 00

4 ,700 00

4,000 00
4 ,440 00

3 ,452 87

$143,650 $ 175,698 00 | $157,342 87
RAILROAD BONDS.
Eastern Railroad, .

Old Colony Railroad,

.

$ 50,000
5 ,000

$54 ,500 00
6 ,250 00

$55,000 $60,750 00

$ 40,261 08

5,400 00

4

BANK COMMISSIONERS' REPORT.

Jan .

AMHERST SAVINGS BANK - AMHERST.
Incorporated, 1864. Number of corporators, 13.
Treasurer, SAMUEL C . CARTER .
Enos F. Cook, President.
STATEMENT.
LIABILITIES.

ASSETS .

Deposits, . . .
Earnings undivided
,
Guaranty
fund, . .

$723,906 91 Public funds, .
21.632 79 Loans on public funds,
12,006 29 Bank stock , .
Loans on bank stock ,
Railroad bonds, . .
Real estate ,
Loans on real estate, . .
Loanson personalsecurity,

.

Loans
to counties, cities, or
towns, . .
Deposit
in banks on interest,
Cash
on hand,

$ 96 ,471 25
1,700 00
123 533 51
1,200 00
95 ,166 67
15 ,000 00

286 ,577 61
62,957 46
33,700 00
299 26

40,940 20

$ 757,515 99

$ 757,545 99
Loans on Public Funds, amount on each :

. ..
. .

On $ 1,500 of United States bonds, 4s, . . . . . . . .
On $7,000 of certificate of stock of city of New York,* . . . .
Loans on Bank Stock , amount on each :
On 15 shares First National Bank, Amherst, . . . . . . .
On 3 shares Northampton National Bank , Northampton , . . . .
Invested in real estate (for banking purposes), . . . . . .
Estimated value of the same, . . . . . . . .
.
Amountof municipal tax on real estate, . . . . . . .
Cash on Deposit in Banks, amount in each :
Holyoke National Bank ,Holyoke, . . . . . . . .
First National Bank, Amherst, . . . . . . . . .
Whole amountof interest or profits received or earned, . . . .
Rate and amount of each semi-annualdividend for previous ) 2 per cent., r
year, . . . . . . . . . . } 21 per cent., l
Times for the dividends fixed by the by -laws: January and July.

$1,500 00
200 00
$ 900 00
300 00

$ 15,000 00
15,000 00
163 40
$ 15 ,000 00

25,940 20
$41,069 96
13,026 34
15,367 16

Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 5 8 -18.

The total amount of loans, with each specified rate of interest: $56 ,666, 5
per cent.; $ 31,175, 5.) per cent.; $ 278,588, 6 per cent.; $ 19,663, 7 per cent.
Number of outstanding loanswhich are of an amountnot exceeding $ 3,000
each,

.

.

.

.

.

.

.

.

. 362

224,242 64
Aggregate amount of the same, . . .
. . 2,482
Number of open accounts, . .
Number and amount of deposits received for previous year, , 1,689 137,855 55
Number and amount of deposits of and exceeding $ 300 at any one time
.

.

.

.

. 1186 1,630 00

Number and amount of withdrawals, . . .
Number of accounts opened the previous year, .

for the previous year, .

.

.

.

.

.
.

.
.
.

.
.
.

1,442 118,234 96
. 312
. 347
. . 1,961 83
5 ,000 00

Number of nccounts closed the previous year, .
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . .
Date of examination by commissioner : August 16.

* This bank has been notified that this loan is illegal.

1883 . ]

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Estimated

Par Value.

United States 3s, registered ..

$ 10 ,000

United States 4is,

10 ,000

United States 35,

2,000

Market Value. AmountInvested .

$ 10,175 00
11,300 00
2,050 00

$ 10 ,000 00

21,200 00
5 ,025 00

20,500 00

11,296 25

2,000 00

City and town bonds :

City of Bangor,Me , 6s, .
of Rockland, Me , 6s,
of Bath , Me., 6s, .
of Fall River 6s,
of Pawtucket, R . I , 5s, .
Town of Clinton, Mass., 4s, .

of Rutland, Vt., 4s,

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

20,000
10,000
$ 93,000

5 ,000
10,000
3 ,600
20 ,650

00
00
00
00

10 ,125 00

5 ,025
5 ,000
8 ,680
3, 195
20 ,650
10 ,125

00
00
00

00
00
00

$99,125 00

$96,471 25

$ 11,750 00

$ 10 ,724 00

16 ,770 00

17 ,176 00
8,963 00
13 ,504 00

BANK STOCK
First Nat'l Bank , Easthampton,
First Nat'l Bank,Northampton ,
Hampshire Co N ’I B ’k , Northampt'n ,
Northampton N 'I B ’k , Northamptn ,
Conway Nat'l Bank , Conway, .
Agawam Nat'l Bank, Springfield , .
Chapin Nat'l Bank , Springfield,
Crocker Nat'l Bank, Turner's Falls,
City Nat'l Bank, Worcester, .
Citizens' Nat'l Bank, Worcester, .
Mechanics' Nat'l Bank ,Worcester, .
First Nat'l Bank, Barre, .
Hide and Leather Nat'l B’k , Boston ,
Suffolk Nat'l Bank, Boston, .
Republic Nat'l Bank, Boston, .

First Nat'l Bank , Palmer, .

.

Holyoke Nat'l Bank,Holyoke,

$ 9 ,400
12,900
7 ,900

13,300
4 ,400
7 ,300
10 ,000

8,400
4 ,000
2,500

1,000
5 ,000
1,000

2,300

9,638
23 ,275
5 ,500
9, 198
12,800
10 ,080
4 ,800
3,000
1,200
6 ,250
1,140
2,783

00
00
00
00
00
00
00
00

5 ,012
8,966
12,703
8 ,664
5 ,120
3,062

00
00
00
39
00
50

00

1 ,250 00

00
00
00

6 , 160 00

5 ,000
1,000

6 , 250 00
1,300 00

10 ,000

12,000 00

1, 107 00
2 ,771 62
6 , 250 00

1,300 00
10 ,800 00

$ 105,400 $ 137,734 00 | $123,533 51
RAILROAD BONDS.
New London & North 'n R .R .,78, reg.
New London & North ’n R .R ., 6s,
Vermont & Massachusetts Railroad,
Boston & Revere Beach Railroad, .

Boston & Lowell Railroad,
Fitchburg Railroad , . .

.
.

$ 25,000
3,500
2,000

$31,250 00

$ 25 ,000 00

3,850 00
2,000 00

3,500 00
2,000 00

28,750 00

26 ,268 75

11,300 00
28 ,000 00

10 ,191 67
27 ,906 25

$ 90,500 $ 105,150 00

$ 95,166 67

25 ,000
10 ,000
25 ,000

BANK COMMISSIONERS' REPORT.

[Jan.

ANDOVER SAVINGS BANK - ANDOVER .
Incorporated 1834. Number of corporators, 54.

John F . KIMBALL, Treasurer.

Moses Foster, President.
STATEMENT.
LIABILITIES.

Deposits, .

Earningsundivided,.
|
Guaranty
fund,

ASSETS.

81,371,398 56 || Public funds, .
44,550 98 Bank stock ,
32,000 00 Loans on bank sto

$ 452,600 00

.

169,500 00
500 00
25 595 03

235,500 00

Railroad bonds,

Real estate by foreclosure ,

395,512 00

Loans on real estate, . .
Loans on personal security ,

142,313 32
10 ,000 00
13,394 32

Loans
to counties,
cities, or
towns, .
.

Deposit
in banks on interest, .
Cash on hand
, .

.

.

3,034 87

.

$ 1,447,949 54

$ 1,447,949 54
Loans on Bank Stock :
On 6 shares Andover National Bank , .

.

.

.

.

Amount of real estate held by foreclosure,
Assessed value of the same, . . .
Amount of incomereceived from the same,
Amount of municipal tax on realestate,

.
.
.
.

. .
. .
. .
. .

.
.
.
.

Cash on Deposit in Banks, amount in each : Blackstone National Bank , Boston , . . .

.

. .
. .
. .
. .

$ 500
. $ 25,595
. 42,750
.
946
840
.

.

.

.

00
03
00
0016

$ 7,661 03

Andover National Bank, Andover, . . . . . . . . . 5,733 29
Whole amount of interest orprofits received or earned, . . . . $103,802 99
Rate and amount of each semi-annualdividend for previous ) 2 per cent., S 25,932 25
S 22 per cent., l 32,696 14
year, . . . . . . . . . .
Times for the dividends fixed by the by -laws: Third Wednesday of June
and December.
The total amount of loans, with each specified rate of interest : $ 10,000,
43 per cent.; $ 102, 900, 5 per cent. ; $ 5 ,000, 58 per cent.; $ 381,205 .32,
6 per cent.; $ 10,000 , 6 ) per cent.; $ 39,270 , 7 per cent.

Number ofoutstanding loans which are ofan amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

Aggregate amount of the same, . . . . . •
Amount of investments from which no income is received , .
Number of open accounts , . . . . . . .

.

. 214

:. . ..
. 3,578
Number and amount of deposits received for previous year, . 1,860
Number and amount of deposits of and exceeding $ 300 at any one time
. . . 158
for the previous year, . . . . . .
Number and amount of withdrawals, . . . . . . 1,408
Number of accounts opened the previous year, . . . .
429
Number of accounts closed the previous year, . . . . . 320
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . .
Date of examination by commissioner: May 31.

265,426
2,600 6500

156,989 11
76 ,271 00

180,753 89
2,200 00
30,000 00

1883.]

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Estimated
Par Value.

United States bonds 4s and ex. 5s,

Market Value. Amount Invested

$77,100

$81,100 00

$77,100 00

25,000
1,000

28,000 00
17 ,000 00

17 ,000 00

1,100
30,000
16 ,000
30 ,000
12,000
21,000
33 ,000
5 ,500

00
00
00
00
00
00
00
00

1,000
14 ,000
25 ,500
11,000
18,000
30 ,000
5 ,000

8,000
17 ,000
38,000
5 ,500
23,000
38,000
25,000
37 ,000
21,000
5 ,500
5,500

00
00
00
00
00
00
00
00
00
00
00

City and town bonds :
.

of Holyoke, .
of Lowell,
.
. of Lewiston ,

Town of Melrose ,
City of Norwich , Conn ,
of Nashua, N .H .,
of Newburyport,
Town of Northampton ,
City of Portland,Me.,

.

..
.
.
.

.

of Portsmouth, N . H .,
of Salem , . .
of Somerville, .

.
.

of Worcester , .

.

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

of Chelsea, .
of Cambridge,
of Dover, N .H .,
of Fall River, . . .
of Lynn , .

.

17,000

. . . . . . . . . .

City of Bangor , Me,
of Belfast,Me.,
of Boston ,
..

27 ,000
14 ,000
25.500
11,000
18,000
30,000
5 ,000
7 ,000
15 ,000
35 ,000
5 ,000
20 ,000
33,000
23,500
33 ,500
20 ,000
5 ,000
5 ,000

25,000 00
00
00
00
00
00
00
00

27 ,000 00

7,000 00
15 ,000 00

35 ,000 00
5,000 00
20 ,000 00
33,000 00
23,500 00
33,500 00

20,000 00

5 ,000 00
5,000 00

$ 152,600 $ 198,200 00 $ 152,600 00
Bank STOCK .
Andover Nat'l Bank, Andover,
Bay State Nat'l Bank, Lawrence, .
Blackstone Nat'l Bank , Boston ,
Commonwealth Nat'l Bank , Boston ,
Continental Nat'l Bank , Boston ,

Eagle Nat'l Bank, Boston , .
Everett Nat'l Bank, Boston, .
Hide and Leather Nºl Bank, Boston,
Merchants ' Nat'l Bank , Boston ,
New England Nat'l Bank , Boston , .
Republic Nat'l Bank, Boston , .
Revere Nat'l Bank , Boston , .

Security Nat'l Bank, Boston , .

Union Nat'l Bank, Boston , .
Webster Nat'l Bank , Boston , .
Wachusett Nat'l Bank , Fitchburg , .

$ 30,900
7 ,500
10 ,800
15 ,000
10,000
5 ,000
4,500
10 ,000

2,500
2,500
22,500
26 ,300
600
1,000
15 ,400

5,000

$ 38,000
10,000
11,000
16 ,500
12,000
5 ,500
5 ,000
11,200
3,500
3 ,300
28 ,000
31,300

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

1,000 00
1,400 00

17 ,500 00
9,000 00

$ 30,900 00

7,500 00
15 ,000 00
10 ,000 00
5 ,000 00
4,500 00
10 ,000 00
2,500 00
2,500 00
22,500 00
10 ,800 00

26 ,300 00
600 00
1,000 00

15 ,400 00
5 ,000 00

$ 169,500 $ 204,200 00 $ 169,500 00

8

BANK COMMISSIONERS' REPORT.

[ Jan .

RAILROAD Bonds.
Estimated
Par Value.

Boston and Maine Railroad 78,
Boston and Lowell Railroad 7s ,
Old Colony Railroad 7s, ..
New Bedford Railroad 7s, .
Worcester and Nashua Railroad 5s,.
Agricultural Branch Railroad 6s, .
Boston and Revere Beach R .R .6s, .
Newport and Richford Railroad 5s,.
Connecticut and Passumpsic 7s, .

Market Value. Amount Invested.

$ 50 ,000
72,000
20,000
10 ,000
5 ,000
25 ,000
14,000
5 ,000

$60 ,000 00
00
00
00
00
00
00
00

72,000 00
20 ,000 00

34,500

40,000 00

34,500 00

85 ,000
24 ,000
11,000
5 ,000
25 ,000
15 ,500
5 ,000

$50 ,000 00
10 ,000 00
5 ,000 00
25 ,000 00
14,000 00

5 ,000 00

$235 ,500 $ 270,500 00 $ 235,500 00

1883 ]

PUBLIC DOCUMENT — No. 8 .

ARLINGTON FIVE CENTS SAVINGS BANK - ARLINGTON .
Incorporated April 2, 1860. Number of corporators, 36 .

ABEL R . Proctor , Treasurer.

ALBERT WINN, President.
STATEMENT.

LIABILITIES.

Deposits, . .
Guaranty fund,

ASSETS.

$ 702,683 60 | Public funds,

Earnings undivided , .

10,995
13,863 8020

Loansstock
on public
Bank
,

$ 10,792 75
2,000 00
19 ,866 25
39,150 00

funds,

Railroad bonds,

Loans
on railroad bonds,
Real estate,
Real
estate by foreclosure,
Loans on real estate,

300 00
26 ,396 59

47,370 81

398 ,301 75
44,058 82

Loans on personal securi

Loans
to counties, cities, or
towns, .

81, 300 00
26 ,426 27
434 87
890 54
169 00
81 95

Deposit in bank on interest, .
Expense account,
Tax account, .
.
Insurance account,

.

Cash on hand .

$727,512 60

$727,542 60
Loans on Public Funds:
On $ 3 ,000 city of Fall River bonds,

.

.

.

.

.

.

.

.

$ 2 ,000 00

Loans on Railroad Bonds :
On $ 1,000 Northern Pacific Railroad and land grant first mortgage bonds,

$ 300 00

Invested in real estate (for banking purposes), . .
Estimated value of the same, . . .
Amount of real estate held by foreclosure, . . . .

. .
. .

. $ 26,396 59
26 ,000 00
. 47,370 81

Assessed value of the same, .

.

.

.

.

.

.

.

54, 180 00

Amount of incomereceived from the same, .

.

.

.

.

.

.

.

.

3,434 42

. . . . . . .

1,495 98

Amount of municipal tax on real estate,
Cash on Deposit in Bank :

In Faneuil Hall National Bank , Boston ,

. . . . . .

. $26 ,126 27

Whole amount of interest or profits received or earned , . . . . $ 38,494 77
Rate and amount of each semi-annual dividend for previous ) 2 per cent., 12,917 13

year, . . . . . . . . . . . 2 per cent.,? 13,329 02
Times for the dividends fixed by the by-laws: January and July.
Average annual per cent.of dividends for the term ending at timeof,and
including, last extra dividend : 4 13-64.
The total amount of loans, with each specified rate of interest: $ 26,426 .27,
3 per cent.; $ 40,000, 4 per cent.; $ 10,000, 11 per cent. ; $ 10 ,000, 44 per

cent.; $ 71,000, 5 per cent.; $ 317,460.57, 6 per cent.; $ 29,000, 6. per cent.;
847,900 , 7 per cent.; $600, 8 per cent.
Number ofoutstanding loans whieh are of an amountnot exceeding $ 3,000
each ,

.

.

.

.

.

. 257

.

Aggregate amount of the same,

215,191 90
2,517
. 2,272 142,155 07
Number and amount of deposits of and exceeding $ 300 at any one time

Number of open accounts, .
Number and amount of deposits received for previous year,
for the previous year, .

.

.

.

.

.

.

.

.

71

42,266 70

10

BANK COMMISSIONERS' REPORT.

Number and amountof withdrawals, . . .
Number of accounts opened the previous year, .

.
.

.
.

.
.
Number of accounts closed the previous year, .
.
Amountof expenses of the corporation during previous year, .
Amount of treasurer's bond , . . . . . . . .
Date of examination by commissioner : June 27.

[Jan.

1,154 $ 95 ,771 57
. 323
. 167
. . 2,616 60
. . 10,000 00

Public Funds.
Estimated
Par Value.

United States 4s, coupon bonds,
City and town bonds :
of Lawrence, 6s, .
of Holyoke, 6s,. .
Town of Woburn ,6s, .

$ 150

20,000

City of Portland, Me., 6s,

6 ,000
5 ,000
7 ,000

of No. Adams, 6s, .

5 ,000

Market Value. Amount Invested.

$537 75
24 ,000
7 ,200
6 ,200
8, 330
5 , 200

00
00
00
00
00

$ 13,450 $51,467 75

$ 192 75
20 ,100
5 ,000
4 ,167
5 ,833
5 ,200

(0
00
00
00
00

$ 10,792 75

BANK STOCK .
Redemption Nat'l Bank , Boston,
Republic Nat'l Bank Boston , .
North America Nat'l Bank, Boston,
Union Nat'l Bank, Boston , .
Continental Nat'l Bank, Boston , .
Faneuil Hall Nat'l Bank, Boston , .

First Ward Nat'l Bank, Boston ,

$ 1,000

$ 1,310 00

3,300

4 ,092 00

2 ,500
1 ,200
5 ,000
1 ,000

2,750 00

2,975 00

1,680 00
5 ,900 00

1 .644 00

5 ,955 75

1, 300 00

2,200

2,508 00

1,310 00
2,346 25

$ 16 ,200

$ 19,540 00

$ 19,866 25

$ 5,500

$5 ,999 00

2 ,000
7 ,000
5 ,100

2,120 00
7 ,840 00

$ 5,050 00
2,000 00
7 ,000 00

5,125 50

15,000

17 , 250 00

5 , 100 00
15 ,000 00

5,100 00
5,000
$ 39 ,600 $ 13 ,734 50

5 ,000 00
$ 39, 150 00

$ 1,353 75
4 ,281 50

RAILROAD Bonds.
Eastern Railroad 6s,

Boston and Lowell Railroad 7s,

Boston,Revere Beach & Lynn R .R .6s,
Vermont and Massachusetts R .R .6s,
Connecticut and Passumpsic R .R .78,
Newport and Richford R .R .5s, guar
anteed by the Connecticut River

and Passumpsic Railroad, .

PUBLIC DOCUMENT — No. 8 .

1883.]

ATHOL SAVINGS BANK - ATHOL.
Incorporated 1867. Number of corporators, 36 .
ALPHEUS HARDING, Treasurer.
John G . MUDGE, President.
STATEMENT
.

LIABILITIES.

Deposits, .
Earnings
undivided,:
Guaranty fund, .

ASSETS.

$ 973,733 69 | Public funds, . .
16 ,194 29 Bank stock ,
17,500 00 Loans on bank stock , .
Realestate by foreclosure,

$ 79,000 00
9,800 00
25 ,925 00
3,680 59

.
.

343,455 86

Loans on personal security , .

329,770 00
64,380 00
130,000 00
772 56
20,643 97

Loans on real estate, .

.

Loans to counties, cities, or
towns, .
Deposit
in banks on interest, :
Expense account, .

Cash in banks, .

.

.

.

$ 1,007,427 98

$ 1,007,427 98

Loans on Bank Stock , amount on each :
On 33 shares Miller's River National Bank, .
On 21 shares Athol National Bank , . .

.

.

.

.
.
.

.
.
.

. .
. .

.
.

On 125 shares Commonwealth National Bank, .

. .

.

On 100 shares South Reading National Bank,

.

.

.

.

Amount of real estate held by foreclosure, .
Assessed value of the same, . . . . . . .
Amount of incomereceived from the same, . . .
Amount of municipaltax on realestate, . . . .
Cash on Deposit in Banks, amount in each : Athol National Bank, .
Townsend National Bank, . . .
Westminster National Bank, . .
.

Commonwealth National Bank,
Central National
Aonal Bank,
DOSLOD ,
Dunk , Boston,

.

.

.
.

$ 3,680 59
3,900 00
469 59
42 79

.

.

20,000
10 ,000
15,000
20 ,000

. . . . . . . . . .

.

00
00
00
00

$ 10,000 00

First National Bank, Leominster, . .
City National Bank, Holyoke, . .
City National Bank, Springfield , . .
Continental National Bank, Boston,

$ 2 ,975
1,250
11,700
10,000

00
00
00
00

10,000 00
20,000 00

2,408 45

.

25,000 00
Miller's River National Bank, .
. . . 18,235 52
.
Whole amount of interest or profits received or earned , . . . . $52,011 44
Rate and amount of each semi-annualdividend for previous ) 2 per cent., 17,748 53
year, . . . . . . . . . . . ] 2 per cent., l 18,364 21
Times for thedividends fixed by the by-laws: January 1st and July 1st.
.

.

.

.

.

.

.

Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 5 5-6 .
The total amountof loans,with each specified rate of interest : $ 1,700 ,4 per
cent. ; $ 15 ,000 ,43 per cent.; $ 129,500 , 45 per cent.; $ 111,500 , 44 per cent. ;
$ 547 ,655.86 , 5 per cent.; $ 83,175 , 6 per cent.; $5,000 , 7 per cent.

Number
ofoutstanding loans which are of an amount not exceeding $3,000
each ,
.

.

.

Aggregate amount of the same, .

.

.

·

·

·

·

· 301

.

.

.

.

.

. 247 ,452 86

12

BANK COMMISSION ' REPORT.
ERS

Jan .

Number of open accounts, . . . . . . . . 3,538
Number and amountof deposits received for previous year, . 8,629 $ 195,296 72
Number and amountof deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . .
. 162 71,970 74
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,
Amountof treasurer's bond, . . . . . . .
Date of examination by commissioner : July 19.
PUBLIC FUNDS.

.

1,556

140,778 37

.
.
.
.

. 630
444
. .
. .

2,534 27
10 ,000 00

Estimated

Par Value.

United States 6s, currency, .
State, city, and town bonds :
City of Lynn, .
of Cambridge, . .
of Newton ,
of Portland,Me., .
Town of Haverhill, . .
Meriden , Conn ., .

$ 10,000 $ 13,000 00

$10,000 00

10,000

10,600 00

10,000 00

15 ,000
10 ,000

15 ,800
11,000
5 ,300
1,050
14,700
14 ,700

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

00
00
00
00
00

00
00
00
00
00
00

14 ,000 00

$79,000 $86,150 00

$79,000 00

5 ,000
1,000
14 ,000
14,000

State of New Hampshire ,

Market Value. AmountInvested .

BANK STOCK .
Blackstone Nat'l Bank ,Boston ,
Eliot Nat'l Bank, Boston, .
Eagle Nat'l Bank , Boston ,

Miller's River Nat'l Bank, Athol,

$ 1,188 00
1 ,120 00
5 ,600 00

$ 1,100 00
1,000 00
5 ,000 00

4 ,320 00

2,700 00

$9,800 $ 12,228 00

$ 9,800 00

$ 1,100
1,000
5 ,000
2,700

1883.]

13

PUBLIC DOCUMENT — No. 8.

ATTLEBOROUGH SAVINGS BANK - NORTH ATTLEBOROUGH.
Incorporated 1860. Number of corporators, 68.
EDWARD R . PRICE, Treasurer .

ABIEL CODDING , President.

STATEMENT.
ASSETS.

LIABILITIES.

Deposits , .

85,079 00
144,323 34

$ 526 ,849 48 | Bank stock ,
10 ,514 96 Loans on real estate
9, 250 00 Loans on personalsecurity, .
Loans
to counties,
cities, or
towns , .
.. .
.
Deposit in banks on interest, .
Expen accou ,

Earnings undivided,
Guaranty fund,

245 ,125 00

65,000 00
85 ,653 93
131 25

nt
se
Cash in bank , ,

; 1,001 92

$ 546,614 44

$ 546,614 44

Cash on Deposit in Banks, amount in each :
National Bank of the Republic, Boston , .
Maverick National Bank, Boston, . . .
Attleborough National Bank, North Attleborough,

.

.

.

.
.

. $55,000 00
. 30,653 93

.

.

1,001 92

Whole amount of interest or profits received or earned , . . . . $ 29,720 68
Rate and amount of each semi-annual dividend for previous , 24 per cent., S 0,508 61
year,

.

.

.

.

.

.

.

.

5 2. per cent., l 11,873 22

.

Times for the dividends fixed by the by-laws: Tuesday after second Mon
day in Apriland October.

The total amount of loans, with each specified rate of interest: $67,500,
5 per cent.; $ 30,000,54,per cent.; $ 357,248 34, 6 per cent.
Number of outstanding loanswhich are ofan amount not exceeding $3,000
each , . . . .
Number of open accounts ,

.
.

Aggregate amount of the same,

.

.

.

.

.

.

.

.

. 196
.
1,742

.

184 ,700 00

Number and amountof deposits received for previous year, . 1,036 224,822 16
Number and amountof 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 : May 23.

.

. 189

. .
. .
. .
. .
.

.

109, 341 24

557 122,142 71
558
264
. 1,805 44
.

20,000 00

BANK STOCK .
Estimated

Par Value.

First Nat'lBank,Attleborough,

I $5,109

Market Value. Amount Investeu.

$5,600 00

$5,079 00

14

BANK COMMISSIONERS' REPORT.

[Jan.

BARRE SAVINGS BANK - BARRE.

Incorporated May, 1869. Number of corporators, 49.
HARDING Woods, Treasurer.
CHARLES BRIMBLECOM, President. STATEMENT.
LIABILITIES.

Deposits, .

Earnings undivided ,
Guaranty fund,

ASSETS .

$ 126 .893 54

Bank stock ,

$ 252,110 54

6 ,060 00
15 ,000 00
52,913 67

16 ,340 81 1 Railroad bond

3,760 00 Real estate by foreclosure, .
Loans on real estate,
Loans on personal security , .

69,256 86
166 66
1,920 62

Expense account,
Cash in bank ,

$ 272,211 35

$ 272,211 35
Amount of realestate held by foreclosure, .
Assessed value of the same, .

.

.

.

.

.

. $ 15,000 00

.

.

.

.

.

.

.

.

11,700 00

Amount of municipal tax on realestate,

.

. . . . . .

191 40

Cash on Deposit in Bank :
First National Bank of Barre, .

.

.

.
.

.

.

.

.

.

.

$ 1,920 62

Whole amount of interest or profits received or earned, . .
. $ 14,608 36
4 ,431 01
year,
. . . . . . s 2 per cent., l 4,645 39

Rate and amount of each semi-annual dividend for previous ) 2 per cent., S

Times for the dividends fixed by the by-laws: January 15 and July 15.
Average annual per cent. of dividends for the tern ending at timeof, and
including, last extra dividend : 5 1-25.
The totalamount of loans,with each specified rate of interest : $5 ,000, 54 per
cent.; $65,000, 6 per cent.; $ 17,148.67, 7 per cent.; $521.86 ,72 per cent.;
$ 4,500, 8 per cent.

Number of outstanding loans which are ofan amount not exceeding $3,000
each . . .
. . . . . . . . . 42
Aggregate amount of the same, . . . . . . . . . 31,970 53
Amount of investments from which no income is received , . . . . 16,000 00
Number of open accounts, . . . . . . . . . 900
Number and amount of deposits received for previous year, . .
42,654 29
Number and amount of deposits of and exceeding $ 300 at any one time
. 32
for the previous year, . . . . . . .
19,619 60
53
. . 337
Number and amount of withdrawals , . . . ,
Number of accounts opened the previous year, . . .
· 146
Number of accounts closed the previous year,

.

.

.

.

. 87

Amount of expenses of the corporation during previous year, . . .

853 71

.

15,000 00

Amountof treasurer's bond, . . . . .
Date of examination by commissioner : July 12.

.

.

.

1883. 1

PUBLIC DOCUM
DOCUMENT — No. 8 .
PUBLIC

15

BANK STOCK.
Estimated

Atlas Nat'l Bank, Boston,

Par Value.

Market Value.

Amount Invested.

$ 1,200

$ 1, 153 50
4,557 00
7 ,584 00
2,360 00
2,012 37

$ 1,469 00

2,975
11,175
3,654
3,816

00
00
00
00

2,991 00
12,615 25

2,768
2,312
2,750
1,026
3 ,576

75
25
00
00
37

6 ,263 50
2 ,977 50
2 ,912 70

4 ,217 50
5 ,168 00

5 ,032 35

2,110 00

2 ,800 00
3 ,753 75

Blackstone Nat'l Bank, Boston ,

4 , 200

Boston Nat'l Bank, Boston, .
Boylston Nat'l Bank, Boston, .
Continental Nat'l Bank , Boston,
Eliot Nat'l Bank, Boston ,
..
First Nat'l Bank , Boston , .
.
Mechanics' Nat'l Bank , Boston ,
Nat'l Bank of Commerce, Boston, .
Nit'l Bank of No, America , Boston ,
Nat'l Bank of Redemption , Boston,
Exchange Nat'l Bank , Boston ,
Hide and Leather Nat'l Bank, Boston,
Revere Nat'l Bank, Boston , .
Webster Nat'l Bank , Boston, .
Old Boston Nat'l Bank , Boston ,
Second Nat'l Bank , Boston, .
Shoeand Leather Nat'l Bank, Boston ,
Suffolk Nat'l Bank, Boston , .
Tremont Nat'l Bank, Boston, .
Market Nat'l Bank, Brighton , .
Ware Nat'l Bank, Ware, . .

6 , 400
2,000
1 ,700

Central Nat'l Bank,Worcester,
Citizens' Nat'l Bank, Worcester,

5 ,500
2 ,100

City Nat'l Bank , Worcester, .
First Nat'l Bank , Worcester, .
First Nat'l Bank, Barre, . .

5 ,000
2,000

7,700
2,520
6 ,000
3, 300

7 ,100

8,964 00

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
700

5 ,000

6 ,026 00

3,510 00
6 ,954 00
6 ,625 00
854 00

00
00
00
00

5 ,722 59
7 ,975 27

2,785 33
2,018 56
3 ,500 00

5 ,316 00
2 ,718 75

1,185 00
3 ,462 63
5 ,407 50

7,837 25
7 ,660 00
901 25
8 ,050 00
2 ,961 00

6 ,830 00
2 ,700 0 )
10 ,042 00

$92,300 $ 118,998 74 | $127 ,888 18
Less interest earned at date of
purchase , . . . . .

994 64
$ 92,300 $ 118,998 74 | $ 126 ,893 54

RAILROAD BONDS.

Eastern Railroad 449,
Rutland Railroad 58,

.

$ 5,000

$ 5,500 00

| 1,000

890 00

$ 5 ,200 00
860 00

$6,000

$6,390 00

$6,060 00

16

BANK COMMISSIONERS REPORT .

[Jan .

BASS RIVER SAVINGS BANK - SOUTH YARMOUTH .

Incorporated April 20th , 1874. Number of corporators, 31.
David KELLY, President.
DAVID D . KELLY, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS.

Deposits, . . .
Earnings undivided , .

$ 274,875 11 | Public funds, .
4,716
on public
funds,
Bank stock
2,426 53
89 Loans
,

Guaranty fund ,

$ 26,608 40
3,700 00
93,718 38

:

Loans on bank stock ,
Railroad bonds,
Real estate by foreclosure,.

325 00
810 08

10,000 00

28,601 51

,.
Loans ou real estate
Loans on personal security , .

92,994 27

s to counties , cities, or
Loan
towns,

Deposit in bank on interest,

Loans on mill stock ,*

7,000 00
2,121 16

.

.

2,500 00

Sagamore Manufacturing Com

6 ,704 81

Border'
City Manufacturing
Company, . .

5 ,229 54
1,675 38

Cash on ha

$ 282,018 53

$ 282,018 53
Loans on Public Funds:

On $4,200 United States bonds, with principal and two sureties,

$3,700 00

Loans on Bank Stock :

. ..

On 5 shares First National Bank , Yarmouth , . . .
Amount
of real estate held by foreclosure, . . . .
Assessed value of the soime, .
.
Amount of municipaltax on real estate, . . . .
Cash on Deposit in Bank :

Maverick National Bank, Boston , .

.

.

Whole amount of interest or profits received or earned ,

.

.

.

.

. . .
. . .
. . .
.

$ 325 00
$840 08

900 00

6 93

.

. $ 2,121 16

.

. $ 14 ,319 77

Rate and amount of each semi-annual dividend for previous 2 per cent.,

4,129 00

. ) 2 per cent , 2

4,901 22

year,

.

.

.

.

.

.

.

.

.

.

Times for the dividends fixed by the by-laws : April 1st and October 1st.
The total amount of loans, with each specified rate of interest : $ 15 ,000 ,
43 per cent.; $ 15 ,000, 41, per cent.; $ 32,500 , 5 per cent. ; $ 29,200 ,54 per
cent.; $ 21,684.78, 6 per cent.; $ 775, 6 per cent.; $ 20,961, 7 per cent.

Number ofoutstanding loans which are of an amount not exceeding $3,000
each , . . . . . . . . . . . . . .
. .
Aggregate amount of the same, . .
Amount of investments from which no income is received , .

.
.

.
.

.
,

116

54,920 78
810 08

Number of open accounts, . . . . . . . . 1,167
Number and amount of deposits received for previous year, . . 757 103,996 06
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 90 48,147 76
Number and amount of withdrawals , . . . . . . . 381 51,376 44
Number of accounts opened the previous year, . . . . . 257
Number of accounts closed the previous year, . . . . . 72
Amount of expenses of the corporation during previous year, . . .
893 08
Amount of treasurer's bond, . . . . . . . . . . 10,000 00
Date of examination by commissioner: September 18.
* Taken to secure indebtedness.

1883. ]

PUBLIC DOCUMENT — No. 8.

17

Public Funds.
Par Value.

Estimated
Market Value. Amount Invested.

City and town bonds:

City of Boston 4s, .
of Providence 5s, .

Town of Beverly 4s,

.

$ 10 .000

$ 10 ,225 00

$ 10 ,000 00

10,000

11,700 00

5 ,000

5 ,015 00

11,608 40
5 ,000 00

$ 25,000 $26,940 00

$ 26,608 40

BANK STOCK.
Everett Nat'l Bank, Boston, .
Shawmut Nat'l Bank, Boston ,
State Nat'l Bank, Boston, . .

Market Nat'l Bank , Boston , .
Republic Nat'l Bank , Boston, .
Tremont Nat'l Bank, Boston , .

Blackstone Nat'l Bank, Boston ,

Old Boston Nat'l Bank, Boston ,
Eagle Nat'l Bank, Boston , .
Manufacturers' Nat'l Bank , Boston , .
Suffolk Nat'l Bank, Boston, .
Second Nat'l Bank , Boston ,
Exchange Nat'l Bank, Boston ,
Merchants' Nat'l Bank, Boston,

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

$ 7 ,119 00
2,743 75
1,800 00
1,300 00

10 ,260 25
8 ,322 00
868 00
843 50

$6 ,615 00

2,750 00
1,770 00
1 , 300 00
9,429 88
8 ,030 00
800 00
756 00

2,367 75
10 ,946 25
1,182 50

2 ,205 00
10 ,867 50

7 ,418 00
6 ,506 25

7 ,105
6,250
7 ,840
3,270

1 ,000 00

00
00
00
00

7 ,868 00
3,555 00

Redemption Nat'l Bank, Boston ,
Atlas Nat'l Bank , Boston,

5 ,600
3,000
5 ,500
5 ,000
3,000

7 , 163 75
6 ,550 00
3,633 75

6 ,500 00

Citizens' Nat'l Bank, New Bedford, .
First Nat'l Bank, New Bedford , .

2 ,000
2 ,400
1,900

2 ,400 00
3 ,228 00

2 ,400 00

Boston Nat'l Bank , Boston ,

.

Faneuil Hall Nat'l Bank, Boston ,

First Nat'l Bank , Yarmouth , .

6 ,765 00
3,660 00
2,000 00

2,405 00

2,489 00
$ 98 ,594 75

$ 93,718 38

$ 3,600 00
3,750 00
4,640 00

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

$ 10,000 $ 11,990 00

$ 10,000 00

$ 80 ,500

RAILROAD BONDS.

New Bedford Railroad, .
Old Colony Railroad 6s, .
Old Colony Railroad 7s, .

$ 3,000
3 ,000

.

4 ,000

BANK COMMISSIONERS' REPORT.

18

[Jan.

BENJAMIN FRANKLIN SAVINGS BANK - FRANKLIN .
Incorporated February 23, 1871. Number of corporators, 40.
CHARLES W . STEWART, Treasurer.
Davis THAYER, Jr., President.
STATEMENT.

LIABILITIES.

Deposits , .

.

ASSETS.

$ 273,917
44 | Public funds, . .
5 ,091 29 Bank stock ,

.

Earnings individed,
Guaranty fund,

$ 21,223 50
51,610 12
26 , 171 24
133,645 00

3,713 68 Real estate by foreclosure, .
Loans on real estate,. . .
Loans on personal security,
Loans to counties, cities, or
towns, .
Deposit in banks on interest, .

21,397 00
16 ,000 00
9,666 75
800 16
562 31
395 76

Expense account,
Furniture account,

Suspense account,
Cash on hand , .

977 57

.

$ 282,782 41

8282,782 41
Amount of realestate held by foreclosure, .

.

.

.

.

.

. $ 26 ,474 24

Assessed value of the same, .

.

.

.

.

.

.

29,070 00

. .

1.110
16
517 91

.

.

.

Amount of incomereceived from the same, . .

. .

Amountof municipaltax on real estate,

.

. .

.

Cash on Deposit in Banks, amount in cach :
. . . . .
International Trust Company, Boston, . . . . .
Franklin National Bank , Franklin, . . . . . .
Whole amount of interest or profits received or earned , .
Rate and amount of each semi-annualdividend for previous 1

Maverick National Bank, Boston , .

year,

.

.

.

.

.

.

.

.

.

.

.

. .

.

.

.

$ 1,563 04

. . . 4,885 38
. . .
218 33
. . . $ 15,623 82
2 per cent., s 4,978 86

. s 2 per cent., ?

5,192 27

Times for the dividends fixed by theby-laws: first Monday in January
and July .

The total amount of loans, with each specified rate of interest : $ 16 ,000,
4 per cent.; $ 32,300 , 5 per cent.; $ 118,189, 6 per cent. ; $ 1,233, 7 per
cent.

Number of outstanding loans which are of an amount not exceeding $3,000
each ,

.

.

.

.

.

.

.

.

.

. 170

Aggregate amount of the same, .

132,442 00

1,400 00

Amount of investments from wbich no income is received , . . .
Number of open accounts ,

.

.

.

.

.

.

.

.

1,259

Number and amount of deposits received for previous year,

.

. 734

Number and amount of deposits of and exceeding $300 at any one time
for the previous year, . . . .
Number and amount of withdrawals, .

.
.

.

.

.
.

.
.

. 56
. 596

Number of accounts opened the previous year, .

.

.

.

. 171

Amountof expenses of the corporation during previousyear, .
.

.

.

Date of examination by commissioner : June 15 .

.

57,331 10

120

Number of accounts closed the previous year, .
Amount of treasurer's bond, .

64,385 31
32,067 97

.

.

.

.

.

1,304 36
5,000 00

1883.]

19

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Estimated

Par Value.

$ 16 ,000 $ 17,920 00

United States 4s, registered, .
City bonds :
City of Bath , Me., .
of Lewiston , Me., .

2,000

.

Market Value. Amount Invested.

.

2,000 00

3,240 00
3,000
$ 21,000 $ 23,160 00

$ 16 ,312 50
1,815 00
3,096 00
$ 21,223 50

BANK STOCK .

Wrentham Nat'l Bank, Wrentham , .
Franklin Nat'l Bank, Franklin ,
Tremont Nat'l Bank , Boston , .
Hide and Leather Nat'l B 'k , Boston ,

Howard Nat'l Bank, Boston , .
Washington Nat'l Bank, Boston ,
Eliot Nat'l Bank , Boston, . .
Market Nat'l Bank, Boston, .
Revere Nat'l Bank, Boston, . .
Commerce Nat'l Bank, Boston ,
Shoe and Leather Nat'l B’k , Boston ,
Columbian Nat'l Bank. Boston ,
North America Nat'l Bank , Boston,
Hamilton Nat'l Bank, Boston , . .
Continental Nat'l Bank , Boston ,

$630
12,900
3 ,100

900
2,500

$ 720 00
14 ,190 00
3,534 00
990 00
3,050 00

$ 990 00
15 , 255 00
3,902 37
1 ,032 75

1,090 00

2,902
3 ,266
8.887
1, 100

1,600

1,824 00

1,776 00

2 ,700

3 .226 50

3 ,156 00

800

814 00

1,137 00

1,400

1,827 00

1,815 00

1,500

1,653 75

1,680 00

3,000

3 ,540 00
593 75

3 ,790 00

2 ,300
7 ,000
1 ,000

500

2,892 25
8 ,330 00

50
00
50
00

620 00

$ 11,830 $ 18,305 25 | $ 51,640 12

20

BANK COMMISSIONERS' REPORT.

[Jan .

BERKSHIRE COUNTY SAVINGS BANK – PITTSFIELD.

Incorporated 1847. Number of corporators, 45.
ROBERT W . ADAM , Treasurer.
Robert

Julius ROCKWELI, President.
STATEMENT.
LIABILITIES.

ASSETS.

Deposits , . . .
95
Earnings undivided . . / $ 1,796,391
17 ,549 22
27,500 00
Guaranty fund, .

| Public funds, .

$613,500 00

Loans on public funds,
Loans on bank stock, .

1,000 00
109,120 00
24 ,800 00
10 ,000 00
85 ,092 70
707,053 30
203,106 28
20,000 00
27,724 30
4 ,417 20

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,

.

Premium account,

.

.

32,781 27

2,846 12
$ 1,811,441 17

Cash on hand and in bank,
$ 1,841,441 17
Loans on Public Funds:

On $ 1,000 United States 4. bond, 1891, . . . . . . .

. $ 1,000 00

On 183 shares Pittsfield National Bank, .

.

.

.

.

On 15 shares Agricultural National Bank ,

.

.

.

On 15 sbares Third National Bank of Pittsfield, .

.

· ·
. . .

Loans on Bank Stock , amount on each :
.

Assessed value of the same, .

.

.

.

. . .

.

Amount of municipal tax on real estate,

.

.

· · · ·
. . . .

Amount of rcal estate held by foreclosure, . . .
Amount of incomereceived from the same, .

. $ 21,300 00

2,000 00
1,500 00
$ 85,092 70
60 ,450 00
2,788 31

. . . . . . .

.

824 32

Cash on Deposit in Banks, amount in each :

National Revere Bank, Boston, . . . . . . . . .
National Bank of the Republic, Boston, . . . . . . .
Agricultural National Bank, Pittsfield, . . . . .
. ..
Pittsfield National Bank, Pittsfield , . . . .
South Adams Savings Bank, Adams,* . . . .
Whole amount of interest or profits received or earned ,

$ 15,889 78
9,834 52
1,527 26
1,099 75

.

.

.

.

.
.

.
.

;
.

. 2,000 00
. $92,449 92

Rate and amount of each semi-annualdividend for previous ? 1.4 per cent., s 25,433 29
year,

.

.

.

.

.

.

.

.

.

2 per cent , ? 33,417 58

Times for the dividends fixed by the by-laws: first Thursdily of January
and July .
Average annual per cent. of dividends for the term ending at timeof, and
including, last extra dividend : 64.
The total amount of loans, with each specified rate of interest : $ 11,000 ,
5 per cent. ; $ 914,959 58 , 6 per cent.

Number of outstanding loans wbich are ofan amount not exceeding $ 3,000
each , . . . . . .. . . . . . . . 210
275 ,359 58
Aggregate amount of the same, .
Amount of investments from which no income is received , .

Number of open accounts, . .

. .

.

. . . .

* This amountwas taken in payment for real estate .

.

.

6,319

6 ,000 00

1883. ]

21

PUBLIC DOCUMENT — No. 8.

5,145 $ 342,380 41

.

Number and amount of deposits received for previous year,

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . .
Number and amount of withdrawals, .

.
.

.
.

.
.

.
.

.
.

. 181
4,002

Number of accounts opened the previous year, .
Number of accounts closed theprevious year, .

.

.

.

1,103

.

.

.

. 936

Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . .

.

.

90,991 89
373,813 84

5,818 70
50,000 00

Date of examination by commissioner : September 26 .
PUBLIC FUNDS.
Estimated
Par Value .

Market Value.

| Amount Invested .

United States 4s, registered , . .. . ' $ 285 ,000 $:340,575 00 $ 285 ,000 00

“ currencyOs, register'd,
State, city , and town bonds :
State of Connecticut 6s,
of New Hampshire 6s, .
City of Charlestown 6s, . .
of Providence, R .I.,5s, .

55,000

of Pawtucket, R I., 54s, .

5 ,000
5 ,000
27 ,000
20,000

of Boston 4s, .

30 ,000

of Bath ,Me., 6s,
Town of Pittsfield 6s, ..
of Pittsfield 7s, .
of Adams6s, . .
of Watchemoket, R .I.,5s,
of West Hartford , Conn., 4s .
of Marlboro ' 4s, . . .

10 ,000

12,000

15 ,000
35,000
25 ,000
26 ,500
18 ,000
45 ,000

70,950 00 · 55,000 00
7 .00000

13,000
5 ,700
30 ,300
22,000
34,000
12,000
16 ,800
42,000
28,000
29,000
18 ,700
47 ,100

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

5 ,000 00
10,000 00
5 ,000 00

27,000 00
20 ,000 00
30 ,000 00

12,000 00

15 ,000 00
35,000 00

25,000 00
26 .500 00

18,000 00
45 ,000 00

$613,500 $716,125 00 $613,500 00
BANK STOCK .

Blackstone Nat'l Bank , Boston ,
Howard Nat'l Bank, Boston , .
Shawmut Nat'l Bank, Boston , .
North Nat'l Bank, Boston , .
Atlantic Nat'l Bank, Boston, .

Merchants' Nat'l Bank, Boston,
Boston Nat'l Bank , Boston ,

.

Revere Nat'l Bank , Boston , .
Webster Nat'l Bank, Boston , .

Eagle Nat'l Bank, Boston , . .
Hide and Leather Nat'l B 'k , Boston ,
Nat'l Bank of Commerce , Boston, .
Republic Nat'l Bank, Boston, .
Atlas Nat'l Bank, Boston ,
.
Hadley Falls Nat'l Bank, Holyoke, . |
Adams Nat'l Bank, North Adams, .
Chicopee First Nat'l Bank, Chicopee ,
Agricultural Nat'l Bank, Pittsfield , .
Pittsfield Nat'l Bank, Pittsfield ,
Lee Nat'l Bank, Lee,
, ..

$ 1, 100

3 ,200

2,000
3,500
4,500
6 ,800
10,000
12,000
8,000
8 ,000
2,500
6 .000

5 ,000

10,900
2,000
200
6 ,000
3 , 200
4 ,500

6 ,720

$ 1,448
3,904
2,175
4,506
6 ,773
9,562
11,850
13,680
8 ,670
9,020
2,750
7,155
6 ,250
13,213

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

3,500 00
280 00

10 ,200
6 ,000
5 ,700
8,000

00
00
00
00

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

00
00
00
00
00
00
00
00

8 ,000
8 ,000
2,500
6 ,000
5 ,000
10 ,900
2,000
200
6 ,000
3,200
4 ,500
6 ,720

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

$ 109,120 $ 137,636 00 $ 109,120 00

22

BANK COMMISSIO
' R
.
NERS EPORT

[ Jan .

RAILROAD BONDS.
Estimated
Par Value.
este and NashuaRailroad 55,
Worcester

Market Value.

Amount Invested .

$10,000 $10,500 00

$ 10,000 00

PUBLIC DOCUMENT — No. 8.

1883 .]

BEVERLY SAVINGS BANK – BEVERLY .
Incorporated 1867. Number of corporators,41.

R . G . Bennett, Treasurer.

WILLIAM ENDICOTT, President.
STATEMENT.

LIABILITIES .

Deposits, . .. :
Guaranty fund,

Earnings undivided , .

ASSETS.

23 Bank stock ,
$625,403
2,765 49 Loans on bank st
Railroad bonds,
10,000 00 Real
estate by foreclosure,
Loans

$ 141,600 00
6 , 200
2,000
17,299
230,565

...

on real estate, . .
Loans on personal security ,
Loans to counties, cities, or
towns, . . . . .
Expe
account, . . .
Premnse
ium account, .

00
00
41
00

192,590 00
12,500 00
7 50
13 ,000 00

.

22,406 81

Cash in bank ,

$638,168 72

$638,168 72

Loans on Bank Stock :

. . $6,200 00

On 63 sbares Beverly National Bank , .
.

.

.

.

.

.

. . . .

Amount of real estate held by foreclosure, . . .
Assessed value of the same, .

$ 17,299 41
20,400 00
. 1,031 62
.
293 76

Amount of incomereceived from the same, . . . . . .
Amountof municipal tax on real estate, . . . . . .
Cash on Deposit in Bank :
Beverly National Bank , . . . . . . . . . . .
Whole amount of interest or profits received or earned , . . . .
Rate and amount of each semi-annual dividend for previous , 2 per cent., s
year, . . . . . . . . . . . 2 per cent., l
Times for the dividends fixed by the by -laws: fourth Wednesday in April
and October.
The total amount of loans, with each specified rate of interest : $66,000,
4 per cent.; $ 85,000, 4.) per cent. ; $ 52,500, 5 per cent.; $ 238,355, 6 per

$ 22,406 81
$ 32, 166 75
11,171 36

11,688 67

cent.

Number of outstanding loans which are of an amountnotexceeding $3,000
.. ... .. .. .. .. 234. 210,673 00
Amount of investments from which no incomeis received ,. .
317 27
Number of open accounts, . . . . . . . . 2,085
Number and amount of deposits received for previous year, . 5,974 158,645 85
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 100 65,916 87
Number and amount of withdrawals, . . . . . . 1,181 107,174 61
Number of accounts opened the previous year, . . . . . 315
. . 202
Number of accounts closed the previous year .
Amouut of expenses of the corporation during previous year, . . .
941 79
Amount of treasurer 's bond , . .
. . . . . . . 15,000 00
each , .
.
.
.
..
Aggregate amount of the same,

..
.

..
.

Date of examination be commissioner : July 18.

24

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.
Estimated

Atlas Nat'l Bank, Boston ,

.

City Nat'l Bank, Boston , .
Continental Nat'l Bank, Boston,
Eagle Nat'l Bank, Boston ,

.

Freeman 's Nat'l Bank , Boston ,
North Nat'l Bank , Boston ,
Hide and Leather Nat'l B ’k , Boston ,
Howard Nat'l Bank , Boston , ,

Massachusetts Nat'l Bank, Boston, .

Par Value.

Market Value.

AmountInvested .

$ 5 ,000

$ 6 ,050 00

$ 5 ,000 00

10,000
5 ,000

11,850 00

10 ,000 00

5 ,000

5 ,900
5 ,600
5 800
11,200
6 ,450
5 ,500

5 ,000
5 ,000
5 ,000
10 ,000
5 ,000
5 ,000
5 ,000
3 ,000
5 ,000
3,800

5 ,000
5,000
10,000

5 .000

00
00
00
00
00
00

5 ,000

6 ,100 00

Merchandise Nat'l Bank, Boston ,

3,000

Republic Nat'l Bank, Boston , .
Revere Nat'l Bank, Boston ,
Shoe and Leather Nat'l B ’k , Boston,
Traders' Nat'l Bank , Boston, .
Tremont Nat'l Bank , Boston , .
Webster Nat'i Bank , Boston , .

5 ,000
3 ,800
5 ,000

3,000 00
6 ,300 00

10 ,000

First Nat'l Bank , Lynn , .

5,000
1,800

Grand Nat'l Bank, Marblehead,

Asiatic Nat'l Bank, Salem ,
Exchange Nat'l Bank, Salem , .
First Nat'l Bank, Salem , . .
Mercantile Nat'l Bank, Salem ,
Salem Nat'l Bank, Salem , .
Beverly Nat'l Bank, Beverly, .

5 ,000
5 ,000
3,000

4 ,332 00

5,250 00
9 ,000 00
5,700 00
5 ,450
6 ,100
2,124
4 ,000
5 ,950

00
00
00
00
00

5 ,000
5 ,000
5 ,000
5 ,000

6 ,250 00
5 ,950 00
6 ,100 00

20 ,000

25 ,000 00

00
00
00
00
00
00
00
00
00
00

5 ,000 00
10,000 00
5 ,000 00
5 ,000 00
5 .000 00

1,800
5 ,000
5 ,000
5 ,000

00
00
00
00

3 ,000 00
5 ,000 00

20 ,000 00

$ 111,600 $ 164,956 00 $ 141,600 00
RAILROAD BONDS.

Eastern Railroad, .

.

$ 2,000

$ 2,180 00

$ 2,000 00

1883.]

25

PUBLIC DOCUMENT — No. 8.
BOSTON FIVE CENTS SAVINGS BANK – BOSTON .
Incorporated 1854. Number of corporators,51.

Curtis C . Nichols, Treasurer.

Alonzo H . Evans, President.
STATEMENT.

LIABILITIES.

Deposits, .

ASSETS.

$ 1,152,000 00
11,000. 00
420,987 50
57 ,700 00

. $ 10 ,287,383 62 Public funds,
299,185 61 Loans on public funds, .

Earningsindivided ,
Guaranty fund, . !

161,756 18

Bank stock , .
Loans on bank stock ,
Railroad bonds,
Real estate,
.

140,000 00
140,289 85
3241,319 98
4 ,043,031 70

Real estate by foreclosure, .
Loans on realestate, .
Loans on personal security , .
Loans
to counties, cities, or
towns,

3,101,500 00
502,000 00
247,023 67
62 25
11,410 46

.

.

.

.

.

banks on interest, .
Deposit inaccount,

Expense
Cash on hand ,

$ 10,751,325 41

$10,751,325 41 |
Loans on Public Funds, amount on each : On $ 2,000 State of Maine bonds, .
On $ 3,000 city of Boston 5s, . .

.
.

.
.

.
.

.
.

.
.

.

.
.

.
.

On $ 5,000 United States 4s, .

.

.

.

.

.

.

.

.

$ 2,000 00
3,000 00
5,000 00

. .

1,000 00

.

On $ 1,000 town of Brooklinewater bonds, . . . . .

Loans on Bank Stock , amount on cach : 146 shares Maverick National Bank, . . . . . . . . $ 14,600 00
11 shares Old Colony National Bank, Plymouth, . . . .
. 1,100 00
5,000 00
10 shares National Bank of Redemption,and 25 shares Atlas National Bank ,
6 ,000 00
60 shares Howard National Bank , . .

60 shares Security National Bank, ,
250 shares Continental National Bank, . .
Invested in realestate (for banking purposes),
Estimated value of the same, . . . .
Amount of real estate held by foreclosure, .

. . .
.
.
. . .
. .

Assessed value of the same, . . . . .
Amount of incomereceived from the same, . .
Amount of municipal tax on real estate, . .
Cash on Deposit in Banks, amount in each :

.

.

.

Monnt Vernon National Bank,

.

.

.
.

.

.

Union Market National Bank , Watertown, . .
.

.

.
·

First National Bank , Newburyport,

.

321,319 98
. 406 ,350 00

9,363 15
.

.

. $140 ,289 8.5

.

.

·

Blackstone National Bank ,

6 ,000 00
25,000 00

24 ,000 00

.

.

.

· · ·

.

.

$ 3,496 20
2,170 47
2,173 04
9,173 45
5 ,897 50
150,000 00
5 ,788 26

.

.

50,000 00

10,550 49
.

.

·

.
.

.

.

· · · · · · · · · ·

Security National Bank , .
Merchandise National Bank , .
Republic National Bank , . .

. .

. . . 175,000 00

.

. . . . . . . . . .

.

· · · · · · · ·

,

. . . . . . .

Commonwealth National Bank ,
Traders ' National Bank ,
Maverick National Bank .

.
.
.

.

7,774 26

26

BANK COMMISSIONERS' REPORT.

Whole amount of interest or profits received or earned,

. 8522,435 18

.

.

.

[Jan .

Rate and amountof each semi-annual dividend for previous 14 per cent., S 157,700 80
14 per cent., ? 162,881 61
year, . . . . . . . . . .

Times for the dividends fixed by the by-laws: second Wednesday of April
and October.
Average annualper cent. of dividends for the term ending at timeof, and
including, last extra dividend : 7.
The total amount of loans, with each specified rate of interest : $ 15 ,000,
3 per cent ; $ 65 ,000, 33 per cent.; $ 165 ,000, 3 per cent.; $ 50,000, 33 per
cent.; $ 274 ,000 , 4 per cent.; $ 255,000 , 43 per cent.; $ 926 ,000, 41 per cent.;
$ 200 ,000, 48 per cent.; $ 190 ,500, 43 per cent.; $ 2,535,145 .10 , 5 per cent. ;

$ 332,300, 50 per cent.; $ 809,800, 54 per cent ; $ 1,062,775 , 6 per cent.;
$ 18,600,62 per cent.; $ 139,150, 64 per cent.; $ 509,661.60, 7 per cent.
Number of outstanding loans which are of an amountnot exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

. 488,125 00

Amount of investments from which no income is received , .

.

.

.

Number of open accounts,

.

74 ,800

Aggregate amountof the same, .
.

.

.

.

.

.

.

Number and amount of deposits received for previous year,

276

1,418 40

. 60,866 3,211,576 91

Number and amount of deposits of and exceeding $ 300 at any one timo
for the previous year, . . . . . . . . .
1,991 1,076 ,736 00
Number and amount of withdrawals , . . . . . . . 42,072 2,536,760 04
8,433

Number of accounts opened the previous year, ,
Number of accounts closed the previous year, .
Amount of expenses of the corporation during previous year, .

Amountof treasurer's bond , . . . . . .
Date of examination by commissioner : November 23.

3,983

.

.

.

.

.

30,997 64
25,000 00

PUBLIC FUNDS.
Estimated

Par Value.

United States bonds,

.

.

.

State and city bonds :
State of Maine,
City of Chelsea,
of Boston ,

of Salem , :
of Somerville , .
of Calais,Me., .
of Newton ,

$600,000 $747,000 00 $600,000 00
50 ,000

of Massachusetts, .

.

Market Value. Amount Invested .

55 ,000 00
100,000 00

100 ,000
50 ,000
200,000
100 ,000

230 ,000 00
106,000 00

2 13,000

214,560 00

9,000

9,000 00
100 ,000 00

100 ,000

55 ,000 00

50,000 00
100,000 00

50 ,000 00
200 ,000
100 ,000
213 ,000
9,000

00
00
00
00

100,000 00

$ 1,452,000 $ 1,6 46 ,560 00 $ 1,152,000 00

BANK STOCK.
Third Nat'l Bank, Springfield, . .
Boston Nat'l Bank, Boston, .
Hide and Leather Nat'l B ’k , Boston ,
Republic Nat'l Bank, Boston, .
Second Nat'l Bank , Boston, . .

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

12,000

$ 15 ,600 00
17 ,400
35 ,425
18 ,000
17 ,610

00
00
00
00

$ 10 ,000 00
15 , 287 50

32,500 00

15,000 00
12,000 00

1883. ]

PUBLIC DOCUMENT — No. 8 .
BANK STOCK — Concluded .
Estimated
Par Value.

First Nat'l Bank , Boston , .

Blackstone Nat'l Bank , Boston ,
Suffolk Nat'l Bank , Boston , .
Shawmut Nat'l Bank , Boston , . .
Tremont Nat'l Bank, Boston, .
Continental Nat'l Bank , Boston ,
Rockland Nat'l Bank , Boston, .
Washington Nat'l Bank, Boston,
Howard Nat'l Bank, Boston, .
Revere Nat'l Bank , Boston, .
Merchants' Nat'l Bank, Boston ,
Webster Nat'l Bank, Boston, .
Commonwealth Nat'l Bank, Boston ,
Merchandise Nat'l Bank , Boston ,
Commerce Nat'l Bank, Boston,
First Nat'l Bank , Marlboro ', .
North Nat'l Bank , Boston ,
Atlas Nat'l Bank , Boston,
City Nat'l Bank, Boston , .
Hamilton Nat'l Bank , Boston , .
Boylston Nat'l Bank, Boston , .
Eagle Nat'l Bank, Boston ,

$ 25 ,000
41,100
17, 100
10 ,000
39 ,500
10,000
20 ,000
15 ,000

20 ,000
22,500
4,700
7,500
28 ,000
10,000
12,400
10 ,000
1,700
5 ,000
6 ,700

Market Value. Amount Invested .

$50,000 00

41,388 00
20 , 178 00
10 ,800 00
44,635 00
11,400 00
26 ,400 00
20 ,100 00
23,600 00
25 ,650 00
6 ,580 00

8,100 00
31,360 00
10 ,000 00
15 ,604 00
2,143 00

10 ,000 00

6 ,000 00

$ 25 ,000
41,100
17 , 100
10 ,000

00
00
00
00

39,500
10 ,000
20 ,000
15,000
20,000

00
00
00
00
00

22.500 00

4,700
28 ,000
10,000
12 ,400
10 ,000

00
00
00
00
00

7,500 00

1,700 00
5 ,000 00

7,906 00

6 ,700 00

11,700 00
10,000
11,700 00
10,000 / 11,500 00

10 ,000 00
10 ,000 00

10 ,000

10,000 00

$120,700 $513,208 00 $ 120,987 50
RAILROAD BONDS.

Eastern Railroad, .

.

$ 140,000 $ 149,800 00

$ 140,000 00

BANK COMMISSIONERS' REPORT.

[ Jan .

BOSTON PENNY SAVINGS BANK - BOSTON .

Incorporated 1864. Number of corporators, 100 .
HENRY R . REYNOLDS, Treasurer.
STATEMENT.

EBEN Howes, President.

LIABILITIES

ASSETS.

$ 772,036
36 Bank stock , .
14,107 20 Loans on bank stoc

Deposits, .
Earnings undivided ,
Guaranty fund,

$ 103,690 50
500 00

14 ,015 08 Railroad bonds,

6 ,225
115 ,000
420 .600
60,000
79,232
365
9,303

Real estate ,

Loans on realestatc,.
Loans on personal security,
Depositseinaccou
banks
on intere. .
Expen
nt, : st,
Accrued interest ,

Cash on hand , .

.

00
00
00
00
96
30
26

5 ,241 62

.

$ 800,158 64

$800,158 64
Loans on Bank Stock :

On 5 shares Mechanics' National Bank, Boston , .

.

.

Invested in realestate (for banking purposes), .
.
.
Amount of municipal tax on real estate, . .. .

.
.

. .
. .

.

.

Estimated value of the same, .

.

.

.

.

$ 500 00

. . $ 115,000 00
. . 100,000 00
.

.

1,200 45

Cash on Deposit in Banks, amount in each : Mount Vernon National Bank ,

, . . . . . . . . $ 55,000 00
Maverick National Bank , . . . . . . . . . . 23,648 45
584 51
Hide and Leather National Bank, . .
Whole amount of interest or profits received or earned , . . . . $ 38,136 26

Rate and amount of each semi-annual dividend for previous 15 per cent., S 10,690 63
year,

.

.

.

.

.

.

.

.

.

.

1) per cent., ?

10,770 50

Times for the dividends fixed by the by -laws: second Wednesday in April
and October.
4 per cent.; $ 25 ,000, 44 per cent.; $ 218,800, 5 per cent.; $ 7,000, 5 per
cent.; $ 196 ,900, 6 per cent.; $ 12,000 , 64 per cent.; $ 52,400, 7 per cent.

The total amount of loans, with each specified rate of interest: $ 20,000,
Number of outstanding loanswhich are of an amount not exceeding $3,000
each, . . . . . . . . . . . . . 31
Aggregate amountof the same, .
53,750 00
Number of open accounts, . .
. . 5 ,819
Number and amount of deposits received for previous year, . 6,135 221,385 75
Number and amount of deposits of and exceeding $ 300 at any one time
. . . 106 53,053 00
for the previous year, . . .
Number and amount of withdrawals , . . . . .
Number of accounts opened the previous year, . . .
Number of accounts closed the previousyear, . . .
Amount of expenses of the corporation during previous year,

.
.
.
.

3,451 203,139 73
. 858
. 713
.
4,572 78

Amount of treasurer's bond, .

.

.

.

.

.

Date of examination by commissioner : March 9.

.

.

.

.

10,000 00

1883.]

PUBLIC DOCUMENT — No. 8.
BANK STOCK.

Everett Nat'l Bank , Boston , .

Hide and Leather Nat'l B ’k , Boston,
• No. America Nat'l Bank, Boston, .
Atlas Nat'l Bank, Boston ,
Manufacturers' Nat'l Bank , Boston ,
Merchants' Nat'l Bank , Boston ,
Fourth Nat'l Bank , Boston , .
Boston Nat'l Bank, Boston , .
Tremont Nat'l Bank, Boston , .
Webster Nat'l Bank, Boston, .
Atlantic Nat'l Bank, Boston , .
State Nat'l Bank, Boston ,
First Nat'l Bank, Boston, . .
Howard Nat'l Bank , Boston , .
Commerce Nat'l Bank, Boston ,

Par Value.

Estimated
Market Value.

$ 15 ,000

$ 17 ,100 00

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

11,200
5 ,625
6 ,056
5 ,237

00
00
25
50

3 , 175 00
5 ,500 00
5 ,925 00

4 ,674 00
5 ,280
1,336
14 ,175
6 ,100

00
50
00
00 !

6 ,321 00

4,403 00

Amount Invested .

$ 16 ,725 00
11,550 00
5 ,525 00
6 , 300 00

5 ,325
3 ,600
5 ,175
6 .050
5 ,084

00
00
00
00
00

5 ,418 00
6 ,384 00
1, 102 50
11,210 00

6 ,250 00
4,662 00

$ 82,400 $ 102,408 25 $ 103,690 50
RAILROAD Bonds.

Boston and Maine 7s,

.

.

$ 5,000

$6,200 00

$6,225 00

BANK COMMISSIONERS' REPORT.

[ Jan .

BRAINTREE SAVINGS BANK - SOUTH BRAINTREE .
Incorporated March 21, 1870. Number of corporators, 29.
BENJ. F . Dyer, President.
C . H . HOBART, Treasurer.
STATEMENT.
ASSETS.

LIABILITIES.

Deposits, . . . .
Guaranty fund,

Earnings undivided ,

8102,213 60 Public funds, .
3 ,012 70 Bank stock ,
1,176 14 Railrond bonds, . .
Real estate by foreclosure,
Loans on real estate ,

$ 19,498
28,219
2,000
2,462

.
Loans to counties, cities, or
towns,

.

13
00
25

74

46 ,140 OJ
2,000 00

.

Deposit in bank on interest,
nse account,
Premium account, . .

4,030 58
51 74
2,000 00

$ 106,402 44

$ 106 ,402 44
Amount of real estate held by foreclosure, .

.

Assessed value of the same, .

.

.

.

.

$ 2,462 25
.

.

.

.

.

Amount of income received from the same, . . . . . . .
Amount of municipaltax on realestate, . . . . . . .

2,400 00
20036 0024

Cash on Deposit in Bank :

Shawmut National Bank of Boston , . . . . . . . . $ 4,030 58
Whole amount of interest or profits received or earned , . . . . $ 5,961 03
Rate and amount of each semi-annual dividend for previous / 22 per
cent., 1,704 31
per cent.,
year,

.

.

.

.

.

.

.

.

.

.

. )

1,801 77

Times for the dividends fixed by the by-laws: January 1 and July 1.

The total amount of loans, with each specified rate of interest : $ 34,780,
6 per cent. ; $ 9,360, 7 per cent. ; $ 2 ,300, 77 per cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

: 39

Aggregate amount of the same, .

38,900 00

448
Number of open accounts, . .
Number and amount of deposits received for previous year, . . 269

27,230 71

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .
. .
Number of accounts opened the previous year, .
Number and amount of withdrawals, .

.

.

.

. 190

.

.

.

Amount of expenses of the corporation during previous year, .
r
.

.

.

Date of examination by commissioner : July 1.

.

.

11,581 94
20,696 15

79

Number of accounts closed the previous year, . .
Amount of treasure 's bond, .

22

.

.

.

35

269 93
5 ,000 00

1883. ]

31

PUBLIC DOCUMENT — No. 8.
Public FUNDS.
Par Value.

United States 4s, .

.

.

City and town bonds:
City of New Bedford 5s, .
of Fall River 6s, .
of Bangor,Me, 6s, .
of Worcester
Boston 6s, . .
43s, . .
of

$ 1,500

$ 1,790 62

$ 1,498 13

3,000
5 ,000
2,000

3,240 00
1,220 00

3,000 00
1,000 00

6 , 150 00

5 ,000 00

2 ,440 00
2,100 00
2,070 00

2 ,000 00
2 ,000 00

3,240 00

3 ,000 00

$ 19 ,500 $22,250 62

$ 19,498 13

1,000

of Manchester, N .H ., 4s, .
Town of Brookline, 5s, . .

Estimated
Market Value. Amount Invested.

2,000
2 ,000
3 ,000

2 ,000 00

BANK STOCK .
Merchants' Nat'l Bank, Boston,
Union Nat'l Bank, Weymouth ,
Manufacturers' Nat'l Bank, Boston ,.
Union Market Nat'l B ’k ,Watertown,
State Nat'l Bank, Boston, .
Blackstone Nat'l Bank, Boston , .
North America Natl Bank, Boston ,
Shawmut Nat'l Bank , Boston , . .
Commonwealth Nat'l Bank, Boston,
Hide and Leather Nat'l B ’k , Boston,

$ 700
2 ,200

Merchandise Nat'l Bank , Boston,
Brockton Nat'l Nank , Brockton ,
Freeman's Nat'l Bank , Boston ,
Shoe and Leather Nat'l B ’k , Boston ,

1,300

$ 987 87
00
00
00
00

3,200

2,000
1,500

2 ,420
2 ,085
3 ,456
1,745

3 ,100

3 ,363 50

1 ,000
2 ,000
1 ,800
1,000

1 ,110 00
2, 195 00
1 ,980 00
1 ,102 50
1,301 62
2,750 00

2,500
800

2,500

920 00

$920 50
2 ,591 50
2 ,096 25

3 ,021 50
1 ,616 25
3 ,295 37
1 ,138 75

2,498 75
1,982
1 ,150
1,472
2,609
1,002

25
00
25
37
00

2,628 12

2,825 00

$ 25,600 $28,044 61

$ 28,219 74

RAILROAD Bonds.

Fitchburg Railroad 58, .

$ 2,000

$2,235 00

$2,000 00

BANK COMMISSIONERS' REPORT.

[Jan.

BRIDGEWATER SAVINGS BANK - BRIDGEWATER.

Incorporated March 19, 1872. Number of corporators, 19.
SAMUEL P. Gates, Treasurer.
STATEMENT.

LLOYD PARSONS, President.*
LIABILITIES.

Deposits.
Earnings undivided,
Guaranty fund, .
Suspense account, .

ASSETS.

$ 11,000 00
29,1.19 19

8205,809 26 | Public funds, . .
2,431 59 Bank stock ,
4,190 00 Loans on bank stock , .
31 00 Railroad bonds,
Real estate by foreclosure,

455 00
4 ,000 00
9 ,500 00
111. 979 00

Loans on real estate , . .
Loans on personal security ,
Loans
to counties, cities, or
towns, .

31,986 30

9,500 00
60 00
1,825 06

Expense
account,. .
Cash on hand,

$ 212,461 85

$ 212,164 85
Loans on Bank Stock , amount on cach :
.

$ 270 00

.

Amountof municipal tax on real estate,

.
.

.

. . .

.

.

. . . .

Assessed value of the same, . . . .
Amount of income received from the same, .

.
.

On 2 shares Bristol County National Bank , Taunton , .
Amount of realestate held by foreclosure, . . .

.... ..

On 4 shares Eliot National Bank , Boston ,

185 00
$ 9,500 00
9,125 00
688 57
146 97

Cash on Deposit in Bank :

First National Bank , Boston, . . . . . . . . . . .
Whole amount of interest or profits received or earned, . . . .
Rate and amount of cach semi-annual dividend for previous / 2 per cent.,s
. . . . . \ 2 per cent., ?
year, . . . . .
Times for thedividends fixed by the by-laws: April 1and October 1.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 4 8-10.
Tbe total amount of loans, with each specified rate of interest: $ 9,500,
44 per cent.; $ 14,300, 5 per cent.; $ 107,611.30,6 per cent ; $ 1,600,6 ) per
cent. ; $22,604 , 7 per cent.; $850, 8 per cent.
Number of outstanding loans which areofan amountnot exceeding $ 3,000
. 135
each , . . . . . . . . . . .
Aggregate amount of the same, . . . . . . . . .
. . . . . . 867
Number of open accounts, . .
Number and amount of deposits received for previous year, . . 672
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 47
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 : June 28.
* Died May 30, 1882.

.
.

.
.

. 590
. 150
. 81
. .
.

316 10

$ 12,195 73
3,623 46
3,800 01

110,465 30
58,168 02
23,276 22

51,117 64
714 25

10,000 00

1883.]

PUBLIC DOCUMENT — No. 8 .

33

PUBLIC FUNDS.
Estimated

United States is,
City bonds:

.

.

City of Boston 5s, gold , . .
of Fall River 6s, .

.

Par Value.

Market Value.

Amount Invested .

$ 2,000

$ 2, 387 40

$ 2,000 00

5,000

5,900 00

5 ,000 00

4,000

5 ,000 00

4 ,000 00

$ 13,287 40

$ : 1,000 00

$ 7,000 , $7,595 00

$ 7 ,000 00
1,391 21

$ 11,000 1

BANK STOCK .

Blackstone Nat'l Bank, Boston,
Merchants' Natl Birnk , Boston,
Washington Nat'l Bank, Boston ,
Boylston Nat' l Bank, Boston, .
Eagle Nat'l Bank, Boston , .
Globe Nat'l Bank , Boston ,
Fourth Natl Bank, Boston , .
Security Nat'l Bank , Boston , .

Shawmut Nat'l Bank, Boston , .
Freeman's Nat'l Bank, Boston,
Faneuil Hall Nat'l Bank, Boston,
Howard Nat'l Bank , Boston , .
Blue Hill Nat'l Bank, Milton, .
Home Nat'l Bank , Brockton , .

Brockton Nat'l Bank , Brockton ,
Bristol County Nat'l Bank, Taunton ,

1,000
300

1,300
1 ,200

900
1 ,500
600
1,100
2 ,000

1,403 33
407
1,534
1, 350
963

25
00
00
00

1,650 00
1,080 00
1 ,210 00
2,320 00

300 ( 0)

1 , 300 00

1,200. 00
900 00
1,500 ( 4)

1,042 50
1, 100 00
2 ,000 00

1,302 50
1,870 00
2,530 00
2 ,140 00
1,760 00
$ 31,555 08

$ 29, 159 49

$ 1 ,000
3,000

$ 1,230 00

$ 1,000 00

3,360 00

3,000 00

$ 1,000

$ 4,590 00

$ 4,000 CO

1,010

2,000
1 ,700

2,200
2,000
1,100
$ 26,900

2 ,410 00

1,250 00
2,218 75

2,000 00
2 ,200 00

2 ,000 00
1 ,757 00

RAILROAD BONDS.
Boston and Maine, .

.

Boston, Revere Beach and Lynn ,

34

[Jan.

[ Jan

BANK COMMISSIONERS' REPORT.

BRIGHTON FIVE CENTS SAVINGS BANK - WARD 25, BOSTON.
Incorporated 1861. Number of corporators, 98.
BELA S. Fiske, Treasurer.
Horace W . JORDAN , President.
STATEMENT.

LIABILITIES

Deposits, . . .
Earnings undivided ,
Guaranty fund,

ASSETS .

$ 23,551 25
3,780 00
51,149 17

Bank stock

15,361 93 | Railroad bonds, .
3,712 82 Real estate by foreclosure ,

.

83,824 15
4,078 29

Loans on real estate , .

Deposit in bank on interest,
.
Cash on hand, .
.

474 46

Expense account,

227 86

$ 170,085 18

$ 170,085 18

$ 54,149 17

Amountof realestate held by foreclosure, .

.

.

Assessed value of the same, . . . .
Amount of incomereceived from the same, .

.
.

.
.

.
.

.
.

.
.

.
.

39,200 00
3,792 11

Amount of municipal tax on real estate,
Cash on Deposit in Bank :

.

.

.

.

.

.

670 52

.

$ 1,078 29
NationalMarket Bank of Brighton, . . . . . . .
Whole amountof interest or profits received or earned , . . . . $ 8,315 76
Rate and amount of each semi-annual dividend for previous / 2 per cent., S 3,234 39
year, . . . . . . . . . . . 2 per cent., ? 3,026 14
Times for the dividends fixed by the by-laws : January and July.
Average annualper cent. of dividends for the term ending at timeof, and
including, last extra dividend : 61.
The total amount of loans, with each specified rate of interest : $ 31,800,
6 per cent.; $ 14,800, 6 per cent. ; $ 24,824.15, 7 per cent.; $ 3,800, 7,8
per cent.; $ 9,600, 8 per cent.
Number of outstanding loans which are ofan amount notexceeding $ 3,000
each, . . . . . .
· · · ·
Aggregate amount of the same, .
Amount of investments from which no income is received , .

·
.

· 39
. .

51,140 00

Amount of treasurer's bond, .

.

.

10 ,000 00

4,300 00
Number of open accounts, . . . . . . . . . 743
Number and amountof deposits received for previous year, . . 353 20,031 60
Nunrber and amount of deposits of and exceeding $ 300 at any one time
: : 12
7,753 90
for theprevious year, ': . .
Number and amount of withdrawals, . . . . . . . 443 46 ,271 32
. 91
Number of accounts opened the previous year, .
. . 175
Number of accounts closed the previous year, .
Amount of expenses of the corporation during previous year, . . . 1,738 46
.

.

.

Date of examination by commissioner : May 6 .

.

.

.

.

35

PUBLIC DOCUMENT — No. 8 .

1883. ]

BANK Stock .
Estimated
Par Value.

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

Market Value.

$ 1,975 00

$ 3 ,000
500
1,500
400

1,000

500
1 ,200
1,000

3,907 50
575 00
1,785 00
439 00
1,225 00

* $ 1,637
5 , 205
670
1,732
400

00
00
00
50
00

1 ,132 50

25
00
50
75

1,208 25
9 ,330 00

$22,591 00

$ 23,551 25

$ 1,000

$ 1,260 00

$ 1,260 00

2 ,000
$ 3,000

2,520 00

2 ,520 00

$ 3,780 00

$ 3,780 00

8 ,900

$ 18,000

371
1 ,452
1, 182
9 ,678

Amount Invested .

1,000 00
1 ,236 00

RAILROAD BONDS.

Boston
and Maine 7s,
Old Colony 7s,
.

.

. ..
.

.

. This bank is winding up, the par value has been paid , leaving this balance still due.

BANK COMMISSIONERS' REPORT.

36

[Jan.

BRISTOL COUNTY SAVINGS BANK — TAUNTON.
Incorporated March 2, 1846 . Number of corporators, 113.
JOSEPH E . WILBAR, President.

A . C. PLACE, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, .

ASSETS.

$ 2,758,603
20 ,206
62,000
.
1,000

Earnings undivided ,

Guaranty fund ,
Ren
ts ,

19 Public funds, . . .
05 Loans on public funds,
00 Bank stock , . .
00 Loans on bank stock ,

$ 307,000 00
2,000
140,700
5 ,500
3.702
90,000
17 ,200

Loans on bank books,
Railroad stock ,*

Railroad bonds,

Loans on railroad stock, .
Real estate,
Real estate by foreclos
Loans on real estate , .

500 00

25 ,000 00

169,012 64
554,735 00
1.500 00
34 ,209 39
427 46
4 ,522 84
291 13

.

1,490,508 52

Loans on personal security, .

Loans to counties, cities, or
towns, .
Deposit
in banks. on interest, :
Expense account

, .
Suspense account, .

Cash on band, .

00
00
00
26
00
00

.
.

.

$ 2,816 ,809 24

$ 2,846,809 24
Loans on Public Funds :

On $ 2,000 United States44s, . . . . . . . . . .

$ 2,000 00

Loans on Bank Stock , amount on each :
On 38 shares, Taunton National Bank , Taunton , .

.

.

.

.

.

$ 4 ,300 00

On 10 shares, Machinists' National Bank, Taunton, .

.

.

.

.

1,000 00

On 2 shares, Bristol County National Bank, Taunton, .

.

.

.

.

200 00

Loans on Railroad Stock :

On 5 shares Boston and Albany Railroad, . . . . . . . $ 500 00
Invested in realestate (for banking purposes), . . . . . . $ 25,000 00
Estimated value of the same, . . . . . .
. . . 40,000 00
Amountof real estate held by foreclosure, . . . . . . . 169,012 64
Assessed value of the same, . . . . .
136 ,039 00
Amount of income received from the same, . . . . . . . 14,094 52
Amount of municipal tax on real estate, . . . . . . . 3,232 31
Cash on Deposit in Banks, amount in each :
Bristol County National Bank, Taunton, . .

Machinists' National Bank , Taunton , . . . . . . . . $ 21,470 45
Maverick National Bank, Boston, .

.

.

.

.

.

.

2,500 00
10,238 94

. $ 145,930 12
Whole amountof interest or profits received or earned , . .
Rate and amount of each semi-aunual dividend for previous / 2 per cent., 51,404 71
year, . . . . . . . . .
. 2 per cent.,l 52,308 42
* This is preferred stock in the Boston , Clinton , Fitchburg and New Bedford Railroad , taken
to secure indebtedness.

1883. ]

37

PUBLIC DOCUMENT — No. 8.

Times for the dividends fixed by the by -laws: April 1 and October 1.
41 per cent.; $ 35,000, 43 per cent.; $ 180,475, 5 per cent.; $ 49,000, 5 ) per
cent.; $ 17,000, 53 per cent.; $ 1,751,970.78, 6 per cent.
Number of outstanding loans which are ofan amount not exceeding $ 3,000
each , . . . . . . .
1,277
. . . .
$ 1,247,675 89
. . . .
Aggregate amount of the same, .
. .
8.153
Number of open accounts, . .
Number and amount of deposits received for previous year, . 5,403 582,813 24
Number and amount of deposits of and exceeding $ 300 at any one time
. . . . . 395 245,194 86
for the previous year, . .
Number and amount of withdrawals, . . . . . . 4,961 480,929 02
Number of accounts opened the previous year, . . . . 1 . 253
Number of accounts closed the previous year, .
1,006
Amount of expenses of the corporation during previous year, . . . 6 ,641 96
Amount of treasurer's bond, . . . . .
. . . . 20,000 00
The total amount of loans, with each specified rate of interest : $ 25,000 ,

Date of examination by commissioner : June 21.

Public FUNDS .
Estimated
Par Value.

" 4s,
Als
"

,

.

.
.

of Taunton,

.

,

Town of Brockton , .

.

$71,400 00
59,500 00

56 ,500 00

$ 70 ,000 00
55 ,000 00
55 ,000 00

10,000

12,300 001

10,000 00

30,000

35 ,000 00

10 ,000

11,800
5 ,750
5 ,900
11,700
7 ,700
11,100
21,900
22,000

311,000
10 ,000
5 ,000
5 ,000
10,000

5 ,000

5 ,000
10,000
6 ,000
10 ,000

21,000
20 ,000

00
00
00
00
00
00
00
00

00
00
00
00
00

6 ,000 00
10 ,000 00

21,000 00
20 ,000 00

.

.

of

· · · · · · · · · ·

State , city and town bonds :
State of New Hampshire,
City of Providence, R . I., .
of Dover, N . H ., .
of Cambridge ,
of Portsmouth , N . H ..
of Fall River, .

of Boston
Springfield ,

$ 70 ,000
50 ,00
50,000

.

.

United States 3s, . .

Market Value. Amount Invested .

$ 297,000 $ 332,550 00 $307,000 00
BANK STOCK .
Machinists' Nat'l Bank, Taunton , .
BristolCounty Nat'l Bank, Taunton ,
Taunton Nat’i Bank, Taunton ,
Fairhaven Nat'l Bank, Fairhaven , .
Third Nat'l Bank , Springfield ,.
First Nat'l Bank, Boston , . .
Boston Nat'l Bank , Boston , .
Hide and Leather Nat'l B 'k , Boston ,
Metropolitan Nat'l Bank , Boston , .
Merchants' Nat'l Bank, Boston ,
Exchange Nat'l Bank, Boston , .
North Nat'l Bank , Boston , . .

$ 16 ,200
5 ,000
700
2,000
10,000

$ 28,300 00
7,800 00
1,100 00

10 ,000
4 ,000
1,500
4 ,000
10,000
5 ,000

2,000
17,000
20 ,000
4 ,800
1,700
4 ,810
13,900
6 ,400

00
00
00
00
00
00
00
00

10 ,000

13,000 00

$ 16 ,200 00
5 ,000 00
700 00
2 ,000 00

10 ,000 00
10 ,000 00
4 ,000 00
1,500 00

4,000 00

10 ,000 00
5 ,000 00

10 ,000 00

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK — Concluded.
Par Value.

Mount Vernon Nat'l Bank , Boston, .
North America Nat'l Bank , Boston ,
Rockland Nat'l Bank , Boston , .
Columbian Nat'l Bank , Boston .
Atlantic Nat'l Bank, Boston, .
Second Nat'l Bank, Boston ,
Redemption Nat'l Bank. Boston ,
Commerce Nat'l Bank, Boston ,

$ 2,000
2,000
4,300
5 ,000
2,500
2,000
10 ,000
5,200

Tremont Nat'l Bank, Boston , .
Everett Nat'l Bank , Boston, .

5 ,000
5 ,200

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 Nat'l Bank, Boston , .

Estimated
Market Value.

$ 2,600 00
2,240 00
5 ,800 00

Amount Invested .

$ 2,000 00

6 ,500 00

2 ,000 00
4 ,300 00
5 ,000 00

3,750 00

2 ,500 00

3 ,040 00
13,000 00

6 ,200 00
5 ,700 00
5 ,900 00

2.000 00

10,000 00
5, 200 00
5 ,000 00
5 , 200 00

11.900 00

10 .000 00

1,000
2,700
1,200
2,800

1,300 00
1 ,140 00

1,000 00
1,000 00

3,300 00
1,920 00
3,920 00

2 ,700 00
1,200 00
2,800 00

400

440 00

400 00

10 ,000
1,000

$ 140,700 $ 199,490 00 $ 140,700 00
RAILROAD BONDS.
Boston,Revere,Beach and Lynn R .R .,
Boston, Clinton , Fitchburg, and New
Bedford Railroad,* .
Buston and Albany Railroad , .

$15,000 $16,500 00

$15,000 00

40,000
10 ,000

42,000 00

40,000 00

12,300 00

10 ,000 00

Old Colony Railroad,

.

.

5 ,000

6 ,200 00

5 ,000 00

Fitchburg Railroad , ,

.

.

20,000

22,000 00

20 ,000 00

$90,000 $99,000 00

$90,000 00

* This bank has been notified that this investment is illegal.

No. 8 ..
PUBLIC DOCUMENT
DOCUMENT —_ No.

1883.]

39

BROADWAY SAVINGS BANK - LAWRENCE.
Incorporated 1872. Number of corporators, 27 .

Gilbert E . Hoop, Treasurer.

JOHN FALLON , President.
STATEMENT.

ASSETS.

LIABILITIES.

Deposits , .

$ 593,900 26

.

Earnings undivided,

Public funds

$ 150,000 00
127,900 00
2 ,100 00
106 ,650 00
165,936 00
29, 180 00
81,973 56
6 ,486 00

17,365 00 Bank stock ,
10 ,925 00 Loans on bank stock , .
Real estate by foreclosure,
48,035 30 Loans on real estate,
Loans on personal security ,
Deposit in banks on interest, si
Cash on hand and in bank ,

Guaranty fund, .
Balance of Smith
guaranty fund, .

$670,225 56

$ 670,225 56
Loan on Bank Stock :
On 22 shares Lawrence National Bank, .

.

Amount of realestate held by foreclosure, .

Assessed value of the same, . .

.

.

.

.

.

.

. .

.

.

.

. $ 106 ,650 00

. . .

Amount of incomereceived from the same, .
Amount of municipal tax on real estate,.

.
.

. . .

$ 2, 100 00

. . 81,480 00

.

.
.

.
.

.
.

.
.

.

.

. $ 33,973 56

.

.

.

.

.

Whole amount of interest or profits received or earned,

.

.

.

. $ 29,078 05

4,358 07
1,051 96

Cash on Depositin Banks,amount in each :
Manufacturers' National Bank, Boston , .

.

.

Lawrence National Bank, Lawrence,

.

.

.

53,000 00

Rate and amount of each semi-annualdividend for previous / 2 per cent., l 10,185 60
year, . . . . . . . . . . . \ 2 per cent., l 10,979 72
Times for thedividends fixed by the by-laws: 3d Wednesday of April and
October
Average annual per cent. of dividends for the term ending at timeof,and
including, last extra dividend : 58.
The total amount of loans, with each specified rate of interest : $ 10 ,000,
5 per cent.; $ 14,000, 51 per cent. ; $ 99,270, 6 per cent. ; $ 4,800, 6. per
cent.; $69,146 , 7 per cent.

Number of outstanding loanswhich are ofan amount not exceeding $ 3,000
.

.

.

.

.

.

.

.

. 163

Aggregate amount of the same,

each ,

.

.

.

.

.

.

.

.

.

.

.

.

. 134,416 00

Amount of investments from which no income is received , . . . .
150 00
Number of open accounts , . . . . . . . .
1,854
Number and amount of deposits received for previous year, , 1,184 126,920 14
Number and amount of deposits of and exceeding $ 300 at any one time
. . . . . 125 72,270 32
for the previous year, . . .
Number and amount of withdrawals, . . . . . . . 881 122, 141 07
303
Number of accounts opened the previous year, . .
Number of accounts closed the previous year, . . . . . 288
Amount of expenses of the corporation during previous year, . . . 2,902 17
unt
surer
Amo

of trea

's bond, .

.

.

.

Date of examination by commissioner : May 9.

.

.

.

.

.

.

20,000 00

40

BANK COMMISSIONERS' REPORT.

[Jan .

Public FUNDS.
Estimated
Par Value.

United States 4s,

.

.

.

Market Value.

Amount Invested .

$ 150,000 $ 178,500 00 $ 150,000 00

BANK STOCK .

Bay State Nat'l Bank , Lawrence , .
Lawrence Nat'l Bank, Lawrence, .
City Nat'l Bank , Boston , .
Commerce Nat'l Bank , Boston ,
.

.

Eagle Nat'l Bank, Boston, . .
Eliot Nat'l Bank, Boston,. .
Everett Nat'l Bank , Boston, .
Globe Nat'l Bank , Boston ,
Hamilton Nat'l Bank , Boston, .
Hide and Leather Nat'l B 'k , Boston ,
Iloward Nat'l Bank , Boston , .
Market Nat'l Bank , Boston, .
Manufacturers' Nat'l Bank, Boston ,

North America Nat'l Bank , Boston ,
State Nat'l Bank , Boston,
..
Shawmut Nat'l Bank , Boston, .
Shoe and Leather Nat'l B 'k , Boston ,
Suffolk Nat'l Bank, Boston,
Tremort Nat'l Bank, Boston, . .
Webster Nat'l Bank, Boston, . .

$ 1,850
7 ,800
4,400
10,000
5 ,000
5 ,000
5 ,600
3 .300
0 ,000
1,500
5 ,000
5,000
5 ,000
5 ,000
5 ,000
7 ,600
10 ,000
10 ,000

16 ,900
5 ,000

$7 ,680 00
8,970 00
5 ,192 00
5 ,600 00
5 ,950 00
5 ,650 00
3,531 00
5 ,900 00
1,650 00
6 , 100 00
5 ,000 00
5 ,200 00

11,900 00

5.550 00
6 ,000 00

8,284 00
10,500 00
11,800 00
19,266 00

5 ,100 00

$ 6 , 100 00
7 ,800 00
4 ,100 00
10 ,000 00
5 ,000 00
5 ,000 ( 0)
5 ,000 00
3,300 00
5 ,000 00
1,300 00
5 ,000 00
5 ,000 00
5 ,000 00
5 ,000 00
5 ,000 00
7 ,600 00
10 ,000 00
10 ,000 00
16 ,900 00
5 ,000 00

$ 126,350 $ 145,123 00 $127,900 00

PUBLIC DOCUMENT — No. 8.

1883. ]

41

BROCKTON SAVINGS BANK - BROCKTON.
Incorporated 1881. Number of corporators,51.
C . R . FILLEBROWN, Treasurer.
SANFORD WINTER, President.
STATEMENT.
ASSETS .

LIABILITIES.

Deposits , .

.

.

Earnings undivided ,
Guaranty fund ,

.

$ 10, 334 00
4 ,356 00

Loans on personal security ,

8,780 00
103,100 .00
27 ,488 81
22 91

$ 159,499 85 | Public funds, . .
206 57 Bank stock ,
325 00 Loans on bank stock

80 00

Railroad bonds, . .
Loans on real estate , .

.

Expense account,
Cash on hand and in bank

5,568 70

$ 160,030 42

$ 160,030 42
Loan on Bank Stock : --

On 1 share Randolph National Bank , Randolph , .

. . .

. .

880 00

.

$ 5,543 31

Cash on Deposit in Bank :

Brockton National Bank, Brockton,

.

.

.

.

.

.

Whole amount of interest or profits received or earned, . . . . $ 1,359 50
Rate and amount of each seini-annual dividend for previous / 2 per cent., S
year, .
. . . . . . . . . ) 2 per cent., ?
Times for the dividends fixed by the by-laws : April 15, October 15 .

1,066 63
2,047 03

The totalamountof loans, with each specified rate of interest : $ 109,718.81,

6 per cent.; $15,050, 6 per cent.; $5,950, 7 per cent.; 8:250, 8 per
Number ofoutstanding loanswhich are ofan amountnot exceeding $3,000
each , . . . . .
· 87
Aggregate amountof:...the ·same, . .
cent.

.

.

.

.

.

.

.

102,178 62

Number of open accounts , . . . . . . . . . 934
Number and amountof deposits received for previous year, . 1,917 157,397 90
Number and amountof deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . .
. . 118 59,880 74

Number and amount of withdrawals, . . .
Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

· 623

48,800 06

, 771

200
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . .
. . .
Date of examination by commissioner : June 6.
Public Funds.

414 31

15,000 00

Estimated
Par Value.

City bonds:
City of Brockton , .

Market Valuc. AmountInvested .

$9,600 $ 10,616 00

$10,334 00

42

BANK COMMISSIONERS' REPORT.

[Jan.

Bank STOCK .
Estimated
Par Value.

Manufacturers' Nat'l Bank, Boston,.
Shawmut Nat'l Bank , Boston , .
Home Nat'l Bank, Brockton , .
Brockton Nat'l Bank , Brockton,

Market Value.

$ 1,050
990
580
1,620
$ 1,240

Amount Invested .

$ 1,100 CO

00
00
00
00
00

575 00
1,610 00
• $ 1,356 00

$ 2,000
1,000
5 ,000

$ 2,400 00

$ 2,412 50

1, 130 00
5 ,250 00

1, 162 50
5 ,205 00

$ 8,000

$ 8,780 00

$8,780 00

$ 1,000
900
500

1,500
$ 3,300

1,071 00

RAILROAD BONDS.
Boston and Lowell, .
Boston , Revere Beach and Lyn
New port and Richford , .

.

PUBLIC DOCUMENT — No. 8 .

1883. ]

43

BROOKFIELD SAVINGS BANK – BROOKFIELD .

Incorporated April 12, 1872. Number of corporators, 35.
Hiram P . GERALD, Treasurer
Henry D . Fales, President.
STATEMENT.
LIABILITIES,

ASSETS.

834,314
09 | Real estate by foreclosure,
1 ,055 28 | Loans on realestate, .
.
548 65 Loans on personal security ,

Deposits,
..
Earnings undivided
.

Guaranty fund ,

$ 1,150 00
24 ,050 00
6 ,960 00
3 , 162 55

Deposit in bank on interest,
Expense account,
Cash on hand, . . .

156 00

469 47
$ 35,948 02

$ 35,948 02

Amount of real estate held by foreclosure, .

.

.

.

.

. $ 1,150 00

Assessed value of the same, . . . .
Amount of income received from the same, .
Amount of municipal tax on real estate, .

.
.
.

.
.
.

.
.
.

.
.
.

.
.

.
.
.

1,350 00

.

.

.

.

.

.

$ 3, 162 55

90 50
22 28

Cash on Deposit in Bank :
First National Bank , Worcester, .

.

.

Whole amount of interest or profits received or earned , . . .

. $ 1,698 41

Rate and amount of each semi-annual dividend for previous 1 2 per cent., S.
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 : 4 3-5.
The total amount of loans, with each specified rate of interest : $ 2,000 ,
4 per cent.; $ 1,500, 5 per cent.; $3,000,58 per cent.; $ 24,510 ,6 per cent.
Number of outstanding loans which are ofan amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

. 46

Aggregate amount of the same, .
Number of open accounts, .

.

.. 279

Numberand 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, .

.

.

.

.

.

.

.

.

.

.

.

11,095 54
. . 99
. . 43
. . .
156 00
.
. 10,000 00

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 cxamination by commissioner : July 10.

.

. 29

31,010 00
12,927 90

Number and amount of withdrawals, .

Te

.

579 70
550 25

. 193

1 4 ,954 78

44

BANK COMMISSIONERS' REPORT.

[Jan.

BROOKLINE SAVINGS BANK - BROOKLINE.

Incorporated Feb. 24, 1864. Number of corporators, 59.
WM. H . LINCOLN, President.
W . E . LINCOLN , Treasurer.
STATEMENT
ASSETS.

LIABILITIES.

Deposits, .
Gua
funr,d, .
tydne
. Gar
S . Eran

Earnings undivided ,

$ 144,187
1,095
1,643
10

82 Public funds, . . .
26 Bank stock ,
39 Real estate by foreclosure ,
00 Loans on real estate , . .

$ 14.750 00
35 ,801 63
7.857 11

.

69,287 50
10,000 00

Loans on personal securi ,
Deposit in bank on interetyst,
Expense account,
Interest account,
Cash on hand, .

8,010 26
454 66
620 89

.

.

154 42

.

$ 146,936 47

$ 146,936 47

Amount of real estate held by foreclosure, .

. . . . . . $ 7,857 11

Assessed value of the same, . . . . .
Amount of incomereceived from the same, ,

.
.

.

.

.

.

.

.

..

.

Amount of municipal tax on real estate,
Cash on Deposit in Bank :

5 , 100 00
450 00

.

.

62 75

CentralNational Bank , . . . . . . . . . . . $8,010 26
Whole amount of interest or profits received or earned, . . . . $7,359 33
Rate and amount of each semi-annual dividend for previous / 2 per cent.,s 2,410 97
year, . . . . . . . . . . . ) 2 per cent , 2 2,399 38
Times for the dividends fixed by the by -laws: second Monday of January
and July .
5 per cent. ; $8,500, 5. per cent.; $ 44,637.50, 6 per cent.; $ 3,100, 6. per

The total amount of loans, with each specified rate of interest: $4,000,

cent.; $6,950, 7 per cent.; $ 2,100, 8 per cent.
Number of outstanding loanswhich are ofan amount not exceeding $ 3,000
each , . . . . . .
. . . . . . 33
Aggregate amount of the same, .
· · · · ·

Amount of investments from which no income is received , . . . .
er

Numb of open accounts,

.

.

.

.

.

.

.

.

1,149

Number and amount of deposits received for previous year,

.

1, 883

37,787 50
1,416 78
57,379 87

Number and amount of deposits of and exceeding $300 at any one time
.

.

.

Number and amount of withdrawals, .

for the previous year, .

.

.

.

.

Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.

.

.

.

. 24

.

.

. 871 53,999 78

.

.

. 317

. . . 204

Amount of expenses of the corporation during previous year, .

.

Amount of treasurer's bond, .

.

.

.

.

.

Date of examination by commissioner : September 9.

12,201 55

.

.

.

.

1,075 00
5 ,000 00

1883. ]

45

PUBLIC DOCUMENT - No . 8 .
Public FUNDS.
Estimated
Par Value.

Market Value. Amount Invested.

Brookline water scrip 7s, 1898,

$ 1,000

$5 ,200 00

$ 1,200 00

Brookline water scrip 445, 1893 ,

10 ,000

10 ,550 00

10 ,550 00

$ 14,000

$ 15,750 00

$ 14,750 00

$ 2,500

$ 10 ,072 50

$ 9,192 50

7 ,500
5 .000
3,700
1,800

13,087 50
5 ,000 00

$ 26,500

$ 34,558 50

Bank STOCK .
City Nat'l Bank, Boston, . .
Central Nat'l Bank, Boston, .
Merchandise Nat'l Bank, Boston,
Revere Nat'l Bank , Boston ,

.

Tremont Nat'l Bank, Boston , .

.

4,310 50
2,088 00

15 ,588
5 ,000
4 ,057
1,964

00
00
13
00

$ 35 ,801 63

46

BANK COMMISSIONERS' REPORT.

[Jan.

CAMBRIDGEPORT SAVINGS BANK - CAMBRIDGE.

Incorporated March 16, 1853. Number of corporators, 11.
EDWARD Hyde, Treasurer .

BENJAMIN Tiltov, President.

STATEMENT.
-

LIABILITIES.

Deposits, .

Earnings individed ,
Guaranty fund,

.

ASSETS.

$ 2,459,354 041 Public funds, . .
46 ,872 78 | Bank stock , . .
36 ,000 00 Real estate by foreclosure,

$ 351,100 00
98, 100
57,051
1,095,197
899,600
35,100
2,988
3 ,089

.

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

00
92
31
00
00
36
23

$ 2,512,226 82

$ 2,512,226 82

Amount of real estate held by foreclosure, . .. . . . . . $57,051 92
. . . . . . . . . 84,600 00
Amount of incomereceived from the same, . . . . . . . 7,079 07

Assessed value of the same, .

Amount of municipal tax on realestate ,

.

.

.

.

.

.

.

1,348 19

Cash on Deposit in Banks, amount in each :
First National Bank, Cambridge, . . . . . . . . . $ 20,100 00
15,000 00

Cambridgeport National Bank, Cambridge, .

.

.

.

.

.

.

Whole amount of interest or profits received,

.

.

.

.

.

. $ 128,546 87

Rate and amount of each semi-annual dividend for previous / 2 per cent., ) 42,589 34
year, . . . . . . . . . . . . 2 per cent, ? 44,703 49
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: $ 364,000,
4 per cent.; $ 100,000, 1. per cent.; $ 100,000, 43 per cent.; $ 50,000, 48 per

cent.; $ 701,092.50, 5 per cent.; $ 19,700, 54 per cent.; $ 393,770, 6 per

cent.; $ 199,630,64 per cent.; $ 20,954.81, 7 per cent.; $ 9,650, 7 3-10 per
cent.; $6 ,000 , 78 per cent.
Number of outstanding loans which areof an amount notexceeding $ 3,000
.
.
.
each , .
.
. .. ..
.· ·.
313
Aggregate amount of the same, . . . . . . . . . 437,200 00
Number of open accounts, .
. . . . .
Number and amount of deposits received for previous year,

.

6 ,983

.

6 ,919 501,047 87

Number and amount of deposits of and exceeding $ 300 at any one time
. 366 214 , 149 00
for the previous year, . . . . . . . .
. . 4,435 336,605 85
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, .

.

.

.

.

1,098

. . 649
.

.

.

Date of examination by commissioner : April 15.
* This bank has been notified that these loans have exceeded the legal limit.

6 ,000 00
20,000 00

PUBLIC DOCUMENT — No. 8.

1883. ]

47

PUBLIC FUNDS.
Estimated

Par Value.

United States 4s, coupons,

"

"

.

4s, registered , .
41s, registered , .

Market Value.

Amount Invested .

$75 ,000 $83,962 80
275 ,000 | 328 ,625 00
1,100
1,243 00

275 ,000 00

$75,000 00
1,100 00

$351,100 $413,830 80 $ 351,100 00
BANK STOCK

Eliot Nat'l Bank , Boston,

.

$ 1,000

$ 4 ,760 00

$ 1,000 00

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

7 ,500
5 ,600
5 ,000
5 ,000
10 ,000
10,000
15 ,000
5 ,000
20 ,600

8 ,128 12
6 .678 00
5 ,487 50

7 ,500 00

Washington Nat'l Bank , Boston ,

Hamilton Nat'l Bank, Boston , .
Tremont Nat'l Bank , Boston , .
. .
Globe Nat'l Bank , Boston ,

Suffolk Nat'l Bank, ,

Union Nat'l Bank, Boston.

Cambridge City N 'I B ’k, Cambridge ,
Cambridgeport N 'l B ’k , Cambridge,

1,400
4 ,000

First Nat'l Bank , Cambridge, .

5 ,000

6 .762 50
11,800 00

11,400
17 ,737
5,350
28 .840
2,310
6 ,600
8,250

00
50
00
00
00
00
00

$ 98,100 $ 124 ,103 62

5 ,600 00
5 ,000 00
5 ,000 00
10 ,000 00

10 ,000 00

15 ,000 00
5 ,000 00
20 ,600 00
1,400 00
4 ,000 00

5 ,000 00

$ 98,100 00

48

BANK COMMISSIONERS' REPORT.

[Jan.

CAMBRIDGE SAVINGS BANK - CAMBRIDGE.
Incorporated April 2, 1834. Number of corporators,63.
CHARLES W . SEVER, President. STATEMENT. JAMES M . Thurston, Treasurer.
LIABILITIES.

ASSETS.

$ 167,472
50
400 00

$ 1,918,899 65 | Public funds, .
Deposits, .
38,790 13 Loans on public fund
Earnings individed,
30,050 00 Bank stock , .
Guaranty fund ,
Loans on bank stock ,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit
in banks on interest,
Expense account, .
.
Insurance and taxes,

Cash on hand, .

287,934 73
400 00
126 ,034 96

661,560 00

607,617 00
160,698 82
1,282 61
2,115 00
2 ,224 16

.

.

.

$ 2,017,739 78

$ 2,017,739 78
Loans on Public Funds:

On $ 100 of United States 4 per cent.bonds, .

.

.

.

.

.

.

$ 100 00

Loans on Bank Stock :

. . . . .
$ 100 00
. . . . . $ 126,034 96
. . . . . 135,262 00
. . . . . 5,094 00
. . . . . 2,240 48

Manufacturers' National Bank , Boston , .

.

.

.

.

.

.

.

•

.

.

.

.

9,237 56

National Bank of Redemption, Boston, . .
Charles River National Bank, Cambridge, .

.
.

.
.

.
.

.
.

.

•

. .

On 4 shares Merchants' National Bank of Boston ,
Amount of realestate held by foreclosure, . .
Assessed value of the same, . . . . .
Amount of incomereceived from the same, . .
Amount of municipal tax on real estate, . .
Cash on Deposit in Banks,amount in each :
Maverick National Bank, Boston , . . . .

.
.

3,608 11
24,291 91

.

.

.

. $ 92,078 91

Whole amount of interest or profits received or carned,

. $ 123,561 24

Rate and amount of each semi-annual dividend for previous ) 2 per cent., l 31,869 67
year,

.

.

.

.

.

.

.

.

.

.

. \ 2 per cent , l 35,803 15

Times for the dividends fixed by the by-laws: fourth Thursday in January
and July .

The total amount of loans, with each specified rate of interest : $ 200 ,000
4 per cent. ; $ 215,000 , 4.5 per cent.; $ 50 ,000, 43 per cent.; $ 97,500 , 5 per

cent.; $ 10,000,5 per cent.; $ 339,210, 6 per cent.; $ 92,317, 64 per cent.;
Number of outstanding loans which are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 267
Aggregate amount of the same, . . . . . . . . . 361,592 00
Number of open accounts, . . . . . . . . 5,499
$ 133,450, 7 per cent,; $ 98,400, 74 per cent,; $ 4,100 , 8 per cent.

Number and amount of deposits received for previous year, . 5,438 353,653 52
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, · · : . . . . . . . 256 144,804 38

Number and amountof 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 : April 20 .

. 3,009 293,845 68
. . 864
. . 512
5 ,320 93
.
. . . 20,000 00

1883. ]

49

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Estimated

State, city, and town bonds :
City of Newburyport 6s, . .
of Fitchburg 6s, . .
of Fall River 6s,

State of Massachusetts 5s,

of Lowell 6s,

of Providence, R .I.,
of Cambridge 6s, . .
of Boston 4s, .
of Boston 6s, i
of Boston 5s, .

Town of Westborough 5s,

Par Value,

Market Value.

Amount Invested .

$ 1,000
18 ,000
25 ,000

$ 4,560 00
20 ,520 00
28,500 00

$ 4,000 00
18 ,090 00
25 ,125 00

20 ,000
20 ,000
22 ,000
22,000
1,000
15 ,000
2,000
14,000

24 ,600 00
22,800 00
25 ,710 00

19,000 00
19,400 00
24,035 00

26 ,000 00

21,932 50
1 ,000 00
17 ,775 00
2,240 00
14 ,875 00

1,100 00
17,775 00
2,020 00
15 ,680 00

$ 163,000 $189,295 00 $167,472 50
BANK STOCK .

Atlas Nat'l Bank, Boston,
Boston Nat'l Bank, Boston ,

.
.

Continental Nat'l Bank, Boston ,
Eliot Nat'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 Nat'l Bank , Boston , .
State Nat'l Bank , Boston,

Suffolk Nat'l Bank, Boston, .
Third Nat'l Bank, Boston, .
Traders' Nat'l Bank, Boston , . .

Tremont Nat'l Bank, Boston, .
Commerce Nat'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,
Charles River Nat'l B ’k , Cambridge ,
Newton Nat'l Bank , Newton , .
Rockland Natl Bank , Roxbury,
Naumkeag Nat'l Bank, Salem ,
First Nat'l Bank , New Bedford,
Commerce Nat'l Bank, New Bedford,
FirstNat'l Bank , Leominster, .

So. Framingham N 'l B ’k , Fram ’h ’m ,

$ 15,900
26 ,500
1 ,800
10 ,700
4 ,200

900
6 .900

9,300

11,400
5,800
13 ,400

$19,258 00
2,133 00
12,251 00
5,470 00

: 31,402 00

1,044 00
7 ,452
10 ,974
13,908
5 ,800

00
00
00
00

18,910 00

$ 19,054 25
29,134 37
2 ,203 25
12,489 12
5,484 75
997 25
8,919 26
11,590 00
12,831 49
6 ,280 63
18 ,207 25
1,206 25
5 ,481 25
17,836 50
20,598 12
11,515 88
14 ,003 25

1,000

1,095 00

5 ,000
14,500

6 , 150 00
17 ,146 00

20 ,000
10 ,000

20 ,200 00

11,700

13,338 00

12,500
1,100

14,781 00
1,415 00

15 , 309 99

1, 100

1,235 00

2,800

3,087 00

14,600

16 ,644 00
700 00
4 ,375 00

1,241 88
3,144 00
17 ,499 99

500
2,500
4 ,600
3,000
5 ,000
6 ,000

9,000 00

5 .060 00

4 ,076 00
8 ,000 00

7,500 00

6 , 250 00
5 ,000
10,000 11,500 00
5,00015,300 00

1,575 75
719 00
2,526 00

5 ,880 00
4 ,625
7 ,800
7 ,420
6 ,160
11,200

25
00
00
00
00

5 ,000 00

$ 242,700 $285,454 00 $287,934 73

50

BANK COMMISSIONERS' REPORT.

[Jan.

CANTON INSTITUTION FOR SAVINGS – CANTON.
Incorporated 1835. Number of corporators, 31.

Charles II. French, President.

Francis W . Deans, Treasurer.
STATEMENT.

LIABILITIES .

Deposits, . . .
,
Earnings undiv
Guaranty
fund,ided

ASSETS .

$ 144,486 28 Public funds, . .
5,941 35 Bank stock ,
11,120 95 Railroad
bank stock ,
Loans on bond

$ 37,500 00
52,670 00
5, 100 00
26 ,000 00
12,020 (0)

.

Real estate by foreclosure,
.
Loans on personalsecurity,
or
cities,
to
counties,
Loans
towns,

195,761 00
42,176 00

Loans on real estate,
.

62,702 00
27 ,188 28

.

Deposit in bank on interest, .

Expense account, .

132 30

.

$ 461,548 58

$ 161,518 58
Loans on Bank Stock , amount on each :

.

.

.

.

$ 1,000 00

.

.

.

.

1,400 00

Amount of real estateheld by foreclosure, .
Assessed value of the same, . . . .
Amount of incomereceived from the same, .

.
.
.

.
.
.

.
.
.

. . $ 12,020 00
. .
692 38
. .

Amount of municipal tax on real estate,
Cash on Deposit in Bank :

.

.

.

.

.

:::::

.

On 14 shares Neponset National Bank , Canton, Mass., .

. .

On 40 shares First National Bank , Easton , Mass.,

.

208 44

Neponset National Bank, Canton, Mass., . . . . . . . $ 27,188 28
Whole amount of interest or profits received or earned, . . . . $ 23,781 90
Rate and amount of each semi-annual dividend for previous / 2 per cent., 7,990 75
year, . . . . . . . . . . . ) 2 per cent., l 8,291 85
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 timeof, and
including, last extra dividend : 5.
The total amount of loans, with each specified rate of interest : $ 17,702,
4 per cent.; $52,000 , 5 per cent. ; $ 203,461, 6 per cent.; $ 2 ,875, 7 per cent.
Number of outstanding loanswhich are ofan amountnot exceeding $ 3,000
each , . . . . . . . .
. . . 214
Aggregate amount of the same,
292,236 00
Number of open accounts, .
1,578

Number and amount of deposits received for previous year, . 1,077 69,998 70
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, .
Amountof expenses of the corporation during previous year,
Amount of treasurer's bond, . . . . . . .
Date of examination by commissioner : June 29.

.
.

. 45
. 581

.
.
.

. 231
. 130
. .

.

.

.

18,629 00
53,691 50

789 95
10,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

51

PUBLIC FUNDS.
Estimated
Par Value.

Market Value.

Amount Invested .

.

$ 20 ,000

$ 23,900 00

$ 23,000 00

City ofof Lynn
Providence,
R .I.,55, .
6s,

10,000

11,600 00
2 ,120 00

11,500 00
2,000 00

1,000 00

1,000 00

$ 33,000 $38,620 00

$37,500 00

United States 4s, .
City bonds:

of Lynn 5s,

2,000
1,000

BANK STOCK.
Neponset Nat'l Bank , Canton , .
North Nat'l Bank , Boston , .
Globe Nat'l Bank , Boston ,
Shoe and Leather Nat'l B ’k , Boston ,

Atlas Nat'l Bank , Boston,
..
Freeman's Nat'l Bank , Boston,
Blackstone Nat'l Bank , Boston ,
Market Nat'l Bank , Boston , . .
Central Nat'l Bank , Boston , .
North America Nat'l Bank, Boston ,
Webster Nat'l Bank , Boston , ..
Eagle Nat'l Bank, Boston , .

$ 11,300

$ 14 ,690 00

$ 14,100 00

1,700
3,300

2, 188 75

1,870 00
3 ,300 00
2,625 00
2,750 00
4,400 00
2,625 00
5 , 250 00
5 ,000 00
5 ,500 .00

2 ,500
2 ,500
4 ,000
2 ,500

5 ,000
2,500

3,532
2,625
3,025
4 ,640
2,712
5 ,250
1,850

00
00
00
00
50
00
00

5 ,000
2 ,500

5 ,537 50

2,500

2,818 75

2,625 00
2,625 00

$ 15,300 $51,569 50

$52,670 00

2 ,700 00

RAILROAD BONDS.

Boston and Albany Railroad 7s,
Boston and Maine Railroad 78,
Eastern Railroad 6s, . . .

$ 12,000
5 ,000
5 ,500

$ 14 ,910 00

$ 14,500 00

6 ,162 50

6 ,022 50

6 .000 00
5 ,500 00

$ 22,500 $ 27,125 00

$26,000 00

52

BANK COMMISSIONERS' REPORT.

Jan.

CAPE ANN SAVINGS BANK - GLOUCESTER .

Incorporated 1846 . Number of corporators,49.
Geo. J. Marsh , Treasurer.
ADDISON GILBERT, President.
STATEMENT.
Assets.

LIABILITIES .

Deposits , .
$ 1,330,791 84 || Public funds,
15 ,986 84 Loans on public funds,
Earnings undivided ,
40 ,100 00 Bank stock ,
Guaranty fund,
10,373
04 Loans on bank stock , .
Surplus
fund, .. .
Taxes , .

$ 76 ,000 00
2,000 00
206 ,200 00
13,500 00
31,875 00
6 ,000 00

3,000 00 Railroad bonds,
572 01 Real estate ,
Real estate by foreclosure,

Sundry accounts, .

Loans on real estate,.

3,771 53

.

510 ,194 50
423,000 00
94,500 00
33 09
36 25
575 51

Loans on personal security , .
Loans to counties, cities, or
towns, :
. ..
Deposit in banks on interest,
Expense account,

.

Sundry
accounts ,
Cash on hand.

.

.

33,437 85

$ 1,401,123 73

$ 1,401,123 73
Loans on Public Funds :

On $ 2,000 United States registered 5s (continued at 31), .
Loanson Bank Stock , amount on each :
On 65 shares City NationalBank, Gloucester,
On 50 shares City National Bank, Gloucester,
On 9 shares Salem National Bank, Salem , ·

. . .
· · ·
. . .

Invested in real estate (for banking purposes), . . .
Estimated value of the same, . . . . . . .
Amount of realestate held by foreclosure, . . . .
.

$ 2,000 00

.

.

.

.

Amount of income received from the same, .

.

.

.

Amount of municipaltax on real estate,

.)

..: :.
. . . : : : : : : : :

On 10 shares Hide and Leather National Bank , Boston,

.

. .

$ 6 ,500 00

.
·
On 9 shares Rockport National Bank, Rockport, .

Assessed value of the same, .

.

'

7.000 00

.
.

$ 6 ,000 00
7 ,000 00
3,771 53
6 ,300 00
530 69

.
.

298 78

Cash on Deposit in Banks,amount in each :
Cape Ann National Bank,Gloucester, . . .

.

.

.

.

.

$ 112 12

National Bank of Redemption , Boston, .

.

.

.

.

.

33 09

.

.

Whole amount of interest or profits received or earned, . . . . $71,327 02
Rate and amount of each semi-annual dividend for previous ? 2 per cent., S 22,179 55
year, . . . . . . . . . : . s 2 per cent., ? 23,672 12
Times for the dividends fixed by the by-laws: April 1 and October 1.
Average annual per cent. of dividends for the term ending at timeof, and
including, last extra dividend : 51.
The total amount of loans, with each specified rate of interest : $ 22,000,
4 per cent.; $ 20,000 , 43 per cent.; $ 10,000 , 44 per cent.; $ 10 ,000, 44 per
cent. ; $ 223,200 , 5 per cent.; $ 30,000, 5 ) per cent.; $ 185,000 , 54 per cent. ;
$ 187,791.50, 6 per cent.; $ 2,500, 63 per cent.; $ 18,150, 64 per cent.;
$ 297,828, 7 per cent.; $ 16,725, 7 % per cent.

1883. ]

PUBLIC DOCUMENT — No. 8.

Number of outstanding loans which are ofan amount not exceeding $3,000
each, . . . . . . . . . . . . . 407
Aggregate amount of the same, . . . . . . . . . $ 322,813 00
Amount of investments from which no income is received , .
Number of open accounts, . . . . . . .

.

.
.

.
4,865

5,000 00

Number and amount of deposits received for previous year, . 5,085 388,850 95
Number and amountof deposits of and exceeding $300 at any one time
for the previous year, . . . . . . . . . . . 237 120 ,812 54
Numberand amount of withdrawals, . . . . . . 3,375 265,552 82
Number of accounts opened the previous year, . . . .
1,327
Number of accounts closed the previous year, . . . . . 792
Amount of expenses of the corporation during previous year, . . . 3,493 27
. 20,000 00
. . .
Amount of treasurer's bond , . . . . .
7. .
Date of examination by commissioner : July

PUBLIC FUNDS.
Estimated

United States 4s, registered .

Par Value.

Market Value

Amount Invested .

$5,000

$6 ,000 00

$5 ,000 00

12 ,000
10,000

13,800 00
11,500 00

12,000
10 ,000
8 ,000
15 ,000

City and town bonds :
City of Charlestown 6s, 1891 , .
of Cambridge 6s, 1894, .
of Fall River 6s, 1891,

8 ,000

of Lowell 6s, 1890 , ..
of Lawrence 6s, 1894 ,
of Salem 6s, 1891, . .
of Somerville 6ls, 1884 , .
Town of Brookline 78, 1889, .

1,000
10,000

of Northampton 6s, 1892,

5,000

15 ,000
5,000
5 ,000

9,200
17 ,250
5,750
1,150
11,500
6 , 100
5 ,750

00
00
00
00
00
00
00

$76,000 $ 88 ,000 00

00
00
00
00

5 ,000 00
1,000 00

10,000 00
5 ,000 00
5 ,000 00

$76 ,000 00

BANK STOCK .

Atlantic Nat'l Bank, Boston , .
Atlas Nat'l Bank, Boston,.

$ 10,000 $ 15 ,200 00

.

10 ,000

Blackstone Nat'l Bank , Boston ,

11,200
5 ,000
10,000
5 ,000

Central Nat'l Bank , Boston , .

City Nat'l Bank ,Gloucester, .

City Nat'l Bank, Boston, . .
Commerce Nat'l Bank, Boston,
Cape Ann Nat'l Bank, Gloucester,
Eagle Nat'l Bank , Boston ,
.
Everett Nat'l Bank, Boston , .
Exchange Nat'l Bank, Boston ,.

10,000
8 ,500

Freeman 's Nat'l Bank , Boston ,.
Globe Nat'l Bank , Boston ,

Georgetown Nat'l Bik , Georgetown,
Gloucester Nat'l Bank,Gloucester, .
Hamilton Nat'l Bank, Boston , .

Howard Nat'l Bank , Boston , .
Merchants' Nat'l Bank, Boston ,

.

10,000
3,000
5 ,000
5 ,000
5 ,000
5 ,000
5 ,000
5 ,000
5 ,000
10,000

12,200 00
12,320 00
3,750 00
12,500 00
6,100 00
12,400 00
12,750 00
11,600 00
3,420 00
6 ,550 00
5 ,640 00
5 ,500 00
5 ,000 00
6 ,750 00
6 ,000 00
6 ,100. 00
14,600 00

$ 10,000 00
10 ,000 00
11,200 00
5 ,000 00
10 ,000 . 00
5 ,000 00
10 ,000 00
8,500 00
10 ,000 00
3,000 00
5 ,000 00
5 ,000 00
5 ,000 00
5 ,000 00
5 ,000 00
5 ,000 00
5 ,000 00
10,000 00

54

BANK COMMISSIONERS' REPORT.

[Jan .

BANK STOCK — Concluded.
Estimated

Par Value.

New England Nat'l Bank, Boston , .
North Nat'l Bank, Boston ,

North America Nat'l Bank, Boston ,
Old Boston Nat'l Bank , Boston ,
Redemption Nat'l Bank, Boston,
Republic Nat'l Bank , Boston, .
Second Nat'l Bank, Boston ,
Shawmut Nat'l Bank, Boston, .
State Nat'l Bank , Boston ,. .
Tremont Nat'l Bank , Boston, .

Rockport Nat'l Bank , Rockport,

$ 1,000
10 ,000
10,000
2,500
16 ,600
5 ,000

5 ,400
5 ,000

Market Value. Amount Invested .

$5 ,600 00

$ 1,000 00

13,200 00

10,000 00

11,500 00

10,000
2,500
16 ,600
5 ,000
5 , 100
5 ,000

3,000
22,244
6 , 100
7 ,560

00
00
00
00

00
00
00
00
00
00

10,000
5 ,000

7 ,650 00
11,100 00
5,800 00

10 ,000 00

5,000

6 ,100 00

5,000 00

5 ,000 00

$206,200 $258,234 00 $206 ,200 00
RAILROAD BONDS.

Eastern Railroad, 1906 , .

,

$ 12,500

$ 16,750 00

$31,875 00

55

PUBLIC DOCUMENT — No. 8 .

1883.]

CAPE COD FIVE CENTS SAVINGS BANK - HARWICH .
Incorporated 1855. Number of corporators, 90.
AUGUSTUS C . Snow , 2d, Treasurer .
JOSEPH K . BAKER, President.
STATEMENT.
LIABILITIES.

Assets.

Deposits, .
.,
Guaranty fund,

$ 2575 ,560
,719 1396 i Loans
Bank stock
,
on bank

Earnings undivided ,

1, 147 58

$ 50,372
75
625 00

stoc

6 ,287 50

Railroad bonds,

Real estate,

1,577 13

.

Real estate (to secure indebted
19,101 90

Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security,*
Loans to counties, cities,
towns,

.
.
.
or

2,580 00
72,945 88

.

Deposit in bank on interest, .
Cash on hand, . .

88,511 73
13,187 50
8,664 01
674 57

$ 264,427 97

$ 264,427 97
Loans on Bank Stock , amount on each :
On 2 shares Cape Cod National Bank, . .

.

$ 125 00
500 00

$ 1,577 13
1,200 00

. . . . . .

. . . . . :

On 6 shares First National Bank, Yarmouth , .
Invested in realestate (for banking purposes), . . .
Estimated value of the same, . .
Amount of real estate held by foreclosure, . . . . . . .
Assessed value of thesame, . . . . . . . . . .
Amount of income received from the same, . . . .
Amount of municipal tax on real estate, . . . . .
Cash on Deposit in Bank : Cape Cod National Bank, Harwich, . . . . . . . .
Whole amountof interest or profits received or earned, . . . .
Rate and amount of each semi-annual dividend for previous 1 2 per cent.,
year, . . . . . . .
. . S 2 per cent.,?
Times for the dividends fixed by the by -laws: April and October.

2,580
2,200
50
216

00
00
91

00

$ 8,664 01
$ 15,424 31
4,515 38

4,823 72

Average annualper cent. of dividends for the term ending at time of, and
including, last extra dividend : 4.

The total amount of loans, with each specified rate of interest: $ 10,000,
5 per cent.; $69,516.50, 6 per cent.; $ 2,200, 6 ) per cent.; $ 16,337.47, 6 )
per cent.; $ 77,186 .14, 7 per cent.

Number ofoutstanding loans which are of an amountnot exceeding $3,000
each ,

.

.

.

.

Aggregate amount of the same,

.

.

.

.

.

,

.

Number of open accounts ,

.

.

.

.

.

.

.

.

. 327

.

1,764

113,382 61

Number and amountof deposits received for previous year, ' .

. 591 72,185 55

Number and amount of deposits of and exceeding $300 at any one time
for the previous year, .

.

.

.

.

. 57

Nuniber and amount of withdrawals, . . .
Number of accounts opened the previous year, .

.
.

.

.

. 562

Number of accounts closed the previous year, . . . .
Amount of expenses of the corporation during previous year, .

. 205
. .

Amount of treasurer's bond ,

.

.

.

.

.

.

.

.

. .

28,814 90
45,498 55

259

.

.

Date of examination by commissioner : September 11.
* This bank has been notified that these loans have exceeded the legal limit.

1, 362 17
5 ,000 00

ONERS

56

SSI
BANK COMMI

T
' REPOR .

[Jan .

BANK STOCK.
Estimated

Par Value.

Cape Cod Nat'l Bank, Harwich ,
First Nat'l Bank , Yarmouthport,
State Nat'l Bank , Boston,
Everett Nat'l Bank, Boston , .
Shawmut Nat'l Bank , Boston , .
Revere Nat'l Bank , Boston ,

Blackstone Nat'l Bank, Boston ,
Hide and Leather Nat'l B ’k , Boston,
Commerce Nat'l Bank, Boston,
North America Nat'l Bank, Boston ,
Republic Nat'l Bank , Boston, . .
Suffolk Nat'l Bank, Boston , .
Faneuil Hall Nat'l Bank , Boston ,

$ 7 , 100

6 , 300
4 ,800
4 ,000
3 ,200

3,000
2,700
2,000
1 ,700
1,600
1 ,500
1,500
700

Market Value. Amount Invested.

$ 10 ,295 00
8 ,190 00
5 ,880 00
4 ,520 00

3 ,512 00

3,420 00
2 ,929
2,205
2 ,027
1 ,776
1,876
1,773
911

50
00
25
00
87
75
75

$ 10 ,100 $ 19,317 12

$ 9,798 00
8,064 00
6 ,031 00
4 ,685
3,952
3,675
3 ,138
2,380
2,129
1,836

00
00
00
00
00
00
00

1,950 00
1,825 00
909 75

$50,372 75

RAILROAD Bonds.

Old Colony Railroad, . .

$5,000

$6,287 50

$6, 287 50

PUBLIC DOCUMENT - No. 8.

1883.]

CENTRAL SAVINGS BANK – LOWELL.

Incorporated March 3, 1871. Number of corporators, 91.
OLIVER H . Moriton, President.

SAMUEL A . CHASE, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS.

Deposits . . . ,
54 Public funds, . . .
Earnings, undivided
. || $ 1,128,078
25 ,281 66 Loans on public funds, .
Bank stock ,
.
Guaranty

fund ,

.

$ 21,000 00
7 ,000 00
226 ,001 37
4,550 00
1,400 00
175,250 00
517,897 00
139 ,500 00

17 ,000 00

Loans on bank stock ,

Loans on railroad bonds, .
Real estate by foreclosure,

.

Loans on real estate,.

Loans on personal security ,
Deposit in banks on interest,

77,764 83

$ 1,170,363 20

$ 1,170,363 20

Loans on Public Funds, amount on each :
. . . . .
On $ 1,000 city of Chelsea 6s and $ 1,000 city of Lawrence 68, . . .

On $5 ,000 4 and 4. per cent. United States bonds,

$ 5,000 00

2,000 00

Loans on Bank Stock , amounton each :
On 21 shares of Railroad National Bank, Lowell, .

.

$ 1,900 00

On 8 sharesMerchants' National Bank , Lowell, . . . . .
On 26 shares First National Bank , Lowell, . . . . . . ..

.

.

.

.

800 00
1,850 00

Loans on Railroad Bonds: --

On $ 1,000 Boston and Lowell Railroad 7s and $ 2,000 Lowell and Lawrence
Railroad 6s, .

.

.

.

.

.

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

.

.

.

.

.

.

.

$ 1,400 00

. . . . . . . $ 175,250 00
. . . . . . . 190,300 00
.
.
14,674 74
. . . . . . . 3,212 65

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

Old Lowell National Bank , Lowell,

.
.

.
.

Prescott National Bank, Lowell, . .

.
.
.

.
.
.

.
.
.

.
.
.

.
.
.

.
.
.

$ 1,178 90
46 ,585 93
30,000 00

Whole amount of interest or profits received or earned, . . . . $60,300 88
Rate and amount of each semi-annual dividend for previous > 2 per cent., S 19,165 28
year,

.

.

.

.

.

.

.

.

.

.

. 2 per cent., l 20 ,111 71

Times for the dividends fixed by the by-laws: first Saturday in May and
November.
The total amount of loans, with each specified rate of interest : $ 50 ,000,
43 per cent. ; $ 20,000 , 4. per cent.; $ 103,150, 5 per cent.; $ 53,650 , 5. per
cent.; $ 371,917, 6 per cent.; $ 25,250 , 61 per cent.; $ 45,150, 7 per cent.;

$ 1,200, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000

each, . .
Lure

. .

. . . . . . . . . 125
12
. . . . . . . . . 190,571 00

egate amount of the same,
me,

58

BANK COMMISSIONERS' REPORT.

[Jan .

Amount of investments from which no income is received, . . . . $ 20,000 0 )
Number of open accounts, . . . . . . . . 3,230
Number and amount of deposits received for previous year, . 3,149 311,515 40
Number and amount of deposits of and exceeding $300 at any one time
.

.

.

.

.

. 302

170,255 00

Number and amount of withdrawals, .

.

.

.

.

.

2,239

253,249 73

Number of accounts opened the previous year, .

.

.

for the previous year, .

.

.

.

. 833

Number of accounts closed the previous year, . . . .
Amount of expenses of the corporation during previous year, i

. 589
. .

3,976 17

Amount of treasurer's bond, . . . .
Date of examination by commissioner : May 22. .

.

.

20,000 00

.

.

.

PUBLIC FUNDS.
Estimated

City and town bonds:
City of Haverhill 6s,
Town of Methuen 6s,

Par Value.

Market Value.

Annount Invested .

$ 1,009

$ 1,280 00
18 ,020 00

$ 1,000 00
17 ,000 00

17 , 00

..

$ 21,000

$22,300 00 $21,000 00

BANK STOCK .
Atlantic Nat'l Bank, Boston, .
Blackstone Nat'l Bank, Boston,
Boston Nat'l Bank , Boston , .
Central Nat'l Bank, Boston, .
Eliot Nat'l Bank, Boston ,.
Hamilton Nat'l Bank , Boston ,
Market Nat'l Bank, Boston, .

Redemption Nat'l Bank , Boston ,

.

Hide and Leather N 'I Bank , Boston ,
Webster Nat'l Bank , Boston , .
Second Nat'l Bank, Boston, .
Shawmut Nat'l Bank , Boston , .

Shoe and Leather Nat'l Bank, Boston,
Suffolk Nat'l Bank , Boston , .
Georgetown Nat'l Bik ,Georgetown,
Appleton Nat'l Bank ,Lowell, .
First Nat'l Bank , Lowell,

Old LowellNat'l Bank, Lowell,
Prescott Nat'l Bank, Lowell, .
Railroad Nat'l Bank, Lowell, .

$ 14,000 00

9,396 00

11,100 00
6 ,000 00

1,300

Merchants' Nat'l Bank, Boston ,
Metropolitan Nat'l Bank, Boston,

Merchants' Nat'l Bank, Lowell,

$ 14 ,800 00

8,700
5 ,000
40 ,000
9 ,500
5 ,000
1,000

Maverick Nat'l Bank , Boston , .

Commerce Nat'l Bank , Boston ,
Republic Nat'l Bank Boston , .
City Nat'l Bank, Boston, . .

$ 10 ,000

5 ,000
2 ,000
10 ,000
6 ,000
2,700
10 ,000
1 ,500
2 ,400
7 ,000
6 ,300
4 ,200
5 ,000
10 ,000
10,000
3,000
15 ,000
5 ,200
1 ,000
2 ,500

5,900
31,000
11,400
1,521
5 ,000
2 ,250
7 ,050
2,360
11,400
7 ,220
3,375
12,100
1,650
2,640
10 ,500

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

40,000 00
1,497 62

11,000 00

5 ,500 00
1,217 50
6 ,756 25
2,000 00

10,000
8 ,000
3,415
12.000
1,610
2,400

00
00
50
00
00
00

10 ,000 00

6 ,867 00

8 ,086 00

4 ,536 00
5 ,900 00
10 ,000 00

5 .000 00

17 ,500
4 ,500
18 ,750
6 ,500
1,400
3 ,000

6 ,112 50
10 ,000 00

00
00
00
00
00
00

16 ,962 50
4 ,240 00

$ 189,300 $218,515 00

$226 ,001 37

18,350 00

6 ,717 00

1 ,000 00
3,046 50

1883. ]

59

PUBLIC DOCUMENT — No. 8.

CHARLESTOWN FIVE CENTS SAVINGS BANK – BOSTON .
Incorporated -1854. Number of corporators, 124.
P. J. STONE, President.
Amos STONE, Treasurer.
STATEMENT.
LIABILITIES,

ASSETS:

rit
$ 200 ,000 00 1,000 00 zuio
644, 100 00 Socivo

Deposits, . .
692 7368 | Loans
Public onfunds,
.
rivino Earnings undivided, $ 2,269,
101,169
public .funds,
Bank stock ,
61,000 00
arco Guaranty fund , .
Loans on bank s
Railroad bond

2,100 00 vie.
12 ,000 00 - 0
80 ,000 00 -

Real estate,

Real estate by foreelosure,

403,000 00 377

Loans on real estate, . .
Loans on personal security ,

875
,240 00 qx12?, ? 6
120.950 00
90 ,501 95 Svini !
2, 970 46

Deposit in banks on interest, .
Cash on hand , . .

$ 2,431,862 41

$ 2,431,862 41
Loans on Public Funds :

On $ 1,500 United States 3ds, · · · ·
Loans on Bank Stock , amount on each :
On 5 shares Monument National Bank , . .
On 16 shares CentralNational Bank, Lynn, .
Invested in real estate (for banking purposes),
Assessed value of the same, . . . .
Amount of real estate held by foreclosure, .
Assessed value of the same, .

.

.

·

·

·

·

.· .· $ 1,000 00

.

.

.

. .
. .
.
..

.

.

$ 500 00
1,600 00
$ 80,000 00
90 , 300 00
403,000 00
. . 405,125 00
. . 32,576 86
. .
8,823 94
.

.

.

.

.

.

.

.

.

Amount of incomereceived from the same, .
Amount of municipal tax on real estate, .

.
.

.
.

.
.

.
.

Cash on Deposit in Banks, amount in each :
In Monument National Bank, . . . . . .
In Maverick National Bank, . . . . . .
In NationalBank of Republic, . . . . .

.

.
. $ 11,351 92
. . . 3,530 85
. . . 75 ,619 18

Whole amount of interest or profits received or earned, . . . . $162,204 45
Rate and amountof each semi-annualdividend for previous / 25 per cent., l 52,807 98
year, . . . . . . . . . . . \ 21 per cent., ! 54,321 35
Times for the dividends fixed by the by-laws: third Wednesday in April 1 )
and October.
Average annual per cent.of dividends for the term ending at timeof,and
including, last extra dividend : 78.
The totalamount of loans,with each specified rate of interest: $30,000, 5 per
cent.; $ 89,400, 54 per cent.; $ 189,040,6 per cent.; $ 90,900,64 per cent.;
$ 262,950, 7 per cent.; $ 17,000,75 per cent.
Number of outstanding loanswhich are of an amountnot exceeding $ 3,000
each, . . . . . . . . . . . . . 355
Aggregate amount of the same, . . . . . . . . . 581,590 00
Amount of investments from which no income is received , . .
6,500 00
Number of open accounts, . . . . . . . . 7,248
Number and amount of deposits received for previous year, . 5,112 347,674 96
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

. 329

190,093 00

60

BANK COMMISSIONERS' REPORT.

Number and amountof withdrawals, . . .
Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.
.

.
.

[ Jan .

. 3,530 $ 317,901 63
1,049
. . . 900

Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . . . . .

.
.

.
.

5 ,619 82
30,000 00

Date of examination by commissioner : May 5.

PUBLIC FUNDS
-

Estimated
Par Value.

United States 44s, .

.

.

Market Value. AmountInvested.

. $ 200,000 $ 226,000 00 $ 200,000 00

BANK STOCK .
Atlas Nat'l Bank, Boston ,
w
Wuvo

Blackstone Nat'l Bank , Boston ,
Blue Hill Nat'l Bank, Dorchester, .
Boylston Nat'l Bank , Boston, .
Bunker Hill Nat'l Bank , Boston ,
City Nat'l Bank , Boston , .
Columbian Nat'l Bank , Boston ,
~ Commerce Nat'l Bank , Boston,
- Continental Nat'l Bank , Boston ,

Eliot Nat'l Bank, Boston , . .
First Nat'l Bank, Boston , . .
First Ward Nat'l Bank, Boston ,
Freeman 's Nat'l Bank, Boston ,
- Ilide and Leather Nat'l B 'k , Boston,
Howard Nat'l Bank , Boston, .
Market Nat'l Bank , Boston , .

Market N ' B 'k of Brighton, Boston,
Maverick Nat'l Bank, Boston, .
Merchandise Nat'l Back , Boston, .
* Metropolitan Nat'l Bank , Boston , .
Monument Vat'l Bank, Boston,
North Nat'l Bank, Boston, .
North America Nat'l Bank , Boston ,
Redemption Nat'l Bank , Boston ,
Republic Nat'l Bank , Boston , . .
Revere Nat'l Bank , Boston ,

· Shoe and Leather Nat'l Bik , Boston ,
- State Nat'l Bank , Boston, . .
- Suffolk Nat'l Bank , Boston , .
Third Nat'l Bank , Boston, . .
Tremont Nat'l Bank, Boston , . .
Washington Nat'l Bank , Boston ,
- Webster Nat'l Bank, Boston , . .
- Andover Nat'l Bank , Andover,
Conway Nat'l Bank , Conway, .
Home Nat'l Bink, Brockton , .
First Nat'l Bank, Lynn , .
Nat'l Bank, Newton , .
HOW „ Newton
Railroad Nat'l Bunk , Lowell, .
Wachusett Nat'l Bank, Fitchburg, . .
PICURT

Franklin Co. Nat'l Bank ,Greenfield ,

$ 35 ,800
9,400
5 ,900
13 ,700
25 ,000

$ 13,318 00
10,152 00

00
00
00
00
00
00
00
00

5,000
26 ,300
50,000

6 ,785
16 ,166
45, 250
10 ,620
6 ,500
31,297
59,000

30,000

35 ,700 00

50,000 00
30,000 00

2,000
15 ,000
10 ,000
37,000
30,400
8 ,600
2,700
13,200
3,200
4 ,800

4,040 00
17,100 00
11,600 00

14.800 00

9,000

7 ,000
14 ,000
5 ,300
20,000

40,700
37,088
8 ,600
3,564
29,700
3,200

00
00
00
00
00
00
00

$ 35,800
9,400
5,900
13,700
25 ,000
9,000
5 ,000
26 ,300

00
00
00
00
00
00

5 ,808 00
14 ,350 00
17 ,920 00

9,300
37 ,000
30 , 100
8 ,600

00
00
00
00

2,700
3,200
4 ,800
7 ,000
14,000
5 .300
20 ,000
31,200

00
00
00
00
00
00
00
00

12,900 00

34 ,200
26 ,700
24,500

5,830
42,403
30,438
25 ,725

16 , 100
18 ,500

19,803 00
21,645 00

16 . 100 00
18 .500 00

10 ,000
12,000
11,900
30 ,000
2 ,400
4,000
15 ,000
21,700

10 ,100
13,680
16 ,065
32,400
2 ,880
5 ,200
15 ,750
27 ,125
3 .220
17 ,250
13,125

10 ,000 00
12,000 00

2,800
15 ,000

7 ,500

00
00
00
00

2,000 00

26 , 200 00

00
00
00
00
00
00
00
00
00
00
00

11,300 00

$645 ,600 $798,602 00

26 ,700 00
24,400 00

11,900 00
30 .000 00

2,400
15 ,000
21,700
2,600
15 ,000

00
00
00
00
00

4 ,000 00

7 ,500 00

10,000 00
$ 644,100 00

1883. ]

PUBLIC DOCUMENT — No. 8.
RAILROAD BONDS.
Estimated

Par Value.

Boston and Lowell Railroad , .

.

$ 12,000

Market Value. Amount Invested .

$12,600 00

$ 12,000 00

62

BANK COMMISSIONERS' REPORT.

[Jan.

CHELSEA SAVINGS BANK - CHELSEA .

Incorporated April, 1854. Number of corporators, 241.
John F . FELLOWS, Treasurer.
John H . Osgoon, President.
STATEMENT.
LIABILITIES.

Deposits, .

.

.

Earnings individed ,
Guaranty fund,

ASSETS.

$ 1,467,906 00 Loans
Public funds, .
on pnblic funds.
21,541 17
19,058 00 Bank stock , .
Loans on bank stock ,
Railroad bonds,

$ 347,620 75
1,800 00
107,689
7,500
11,225
12,084

Real estate ,

Real estate by foreclosure, .
Loans on real estate, . .
Loans on personal security, .

55
00
00
85

38 ,778 M
612,181 90
177,375 00
150, 150 00
36 ,876 73
2,047 31
3,175 67

Loans
to counties, cities, or
towns, .

Deposit
in bankson interest, :
Expense account, . .

Cash on hand ,

$ 1,508,505 17

$1,508,505 17
Loans on Public Funds :

On $2,000 city of Cambridge 6s, .

.

.. .

.

.

.

.

.

$ 1,800 00

Loans on Bank Stock :

On 100shares FirstNational Bank,Chelsea,. . . . . . . $7,500 00

Cash on Deposit in Banks, amount in each :
. . .
First National Bank, Chelsea , . . . . .

. .
. .

.
.

. . . . . .

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 incomereceived from the same, . . .
Amount of municipal tax on real estate, . . .

$ 12,084 85
13,500 00

38,778 41
2,712 31
708 76

50,600 00

.
.

.

.

.

.

. $ 2,154 23

.

.

.

.

.

Whole amount of interest or profits received or earned,

.

.

.

. $74,577 32

Hamilton National Bank, Boston, .

34.722 50

Rate and amount of each semi-annual dividend for previous / 2 per cent.,

25,105 59

. . 2 per cent.,

26 ,381 15

year,

.

.

.

.

.

.

.

.

.

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 : 61.
The total amount of loans, with each specified rate of interest: $ 100,000 ,
4 per cent.; $ 107,500, 4. per cent.; $ 25,000 , 43 per cent. ; $ 100,000 , 5 per

cent.; $ 18,000, 54 per cent.; $ 361,716.90, 6 per cent.
Number of outstanding loans which are of an amountnot exceeding $ 3,000

.
each, . . . . . . . . .
Aggregate amount of the same, . . . . . .
Number of open accounts, . . . . . . .
Number and amount of deposits received for previous year,

.
.
.
.

· 346
. . 444,516 00
6,829
10,343 446,442 15

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

. 291

144,539 00

1883.]

PUBLIC DOCUMENT — No. 8.

Number and amountof 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 : May 2.

.
.
.
.

(3
5,412 $363,311 28
1,284
. 904
. . 4,751 14
25,000 00

PUBLIC FUNDS.
Estimated
Par Value.

City of Charlestown,
of Chelsea , .
of Cambridge, . .
of Fall River , . .
of Somerville, . .
of Lawrence, .
of Providence, R . I.,
of Burlington , Vt., .
of Taunton , . .
of Fitchburg, .
of Lewiston ,Me.,
of Worcester, . .
of Lynn , . . .
of Lowell ,

of Manchester , N . H .,
of Hartford , Conn ,
Town of Winthrop , .
of Woburn , .
of Everett, .

.
.
.
.

of Provincetown, .
of Brookline, .
of Danvers, .

. $ 30 ,000 $ 33,900 00

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

United States bonds, ' . .
State, city, and town bonds :
State of Maine,
New Hampshire,
of
of Boston ,
.

Market Value. AmountInvested .

47,600

54 ,264 00

9 , 200
44,000
10 ,000

11,500 00

12,000
19,000
5 ,000
10 ,000
36 ,000
15,000
2,500
2,000
2,000
16 ,000
21,000
6 ,000
4 ,000
4 ,000
1,000
11,000
5 ,000
1,000
1,000
5 ,000
2 ,000

55 ,000 00

11,450 00
14 ,400 00
21,850 00
6 , 200 00
10,425 00
44 ,460 00
16 ,275 00
2,600 00
2,420 00
2,380 00
17 ,600 00
23,310 00
7 ,260 00
4 ,600 00
4 ,200 00
1,185 00
12,595 00
5 ,600 00
1,150 00
1,090 00
5 ,650 00
2 ,290 00

$31,068 75
47,600 00
10,635 75
51,136 25
11,190 00
13,880 00

20 ,790
5 ,550
10 ,000
40,527
15 ,525
2 ,500
2,310
2,280
16 ,480
22,660
7 ,050
4 ,542

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

4 ,000 00
1, 172 50

11, 165 00
5 ,412 50
1 ,170 00
1,000 00
5 ,625 00

2 ,320 00

$ 321,300 $ 373,654 00 $ 347,620 75
BANK STOCK .

North Nat'l Bank, Boston,

.

Howard Nat'l Bank , Boston, .

Massachusetts Nat'l Bank , Boston, .
Continental Nat'l Bank, Boston ,
Commerce Nat'l Bank, Boston ,
Traders' Nat'l Bank , Boston , .
Exchange Nat'l Bank , Boston , .
North America Natl Bank, Boston ,
Boylston Nat'l Bank , Boston , ..

$ 1,500
3,600

$ 1,935 00
4 ,392 00

$ 1,664 55

6 ,750
4 ,000
700
7 ,000
1,400

7 ,560 00

9, 122 40
4 ,845 70

500
2,500

4,720
833
6 ,510
1,806
555

00
00
00
00
00

2,950 00

3 ,811 50
700
7,556
1 ,763
518

00
13
05
75

2,776 50

64

BANK COMMISSIONERS' REPORT.

[Jan .

BANK STOCK — Concluded .

Atlas Nat'l Bank , Boston ,
State Nat'l Bank, Boston,
Suffolk Nat'l Bank, Boston, .
City Natl Bank , Boston , . .
Eagle Nat'l Bank , Boston ,
Shawmut Nat'l Bank, Boston, .
Boston Nat'l Bank , Boston ,
Market Nat'l Bank , Boston ,

.
.

Webster Nat'l Bank , Boston , . .
Republic Nat'l Bank, Boston, .
Mechanics' Nat'l Bank, Boston,
Atlantic Nat'l Bank, Boston, .
Everett Nat'l Bank , Boston , .
Third Nat'l Bank , Boston ,

Redemption Nat'l Bank, Boston ,
First Nat'l Bank, Chelsea ,
First Nat'lBank , So. Weymouth ,
Exchange Nat'l Bank , Salem , .

Par Value.

Estimated
Market Value.

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

$ 10 , 164 00
3,275 00
826 00
5 ,117 00
2,016 00
550 00
2, 360 00
600 00
2,700 00
12,100 00
1,260 00
5 ,700 00
4 ,294 00
5 ,050 00
8 ,190 00
8,250 00
2,500 00
580 00

AmountInvested.

$ 9,819 35
2 ,934 00
845 85
4 ,956 15

2,002
602
2 ,329
616
2,750
13,137
1,170
5 ,804
4 ,422
5 ,381
8,410
6 ,671

95
37
50
00
50
00
50
25
25
50
30

50

2,420 50
626 50

$ 90,150 $106,793 00 | $ 107,689 55

RAILROAD Bonds.
Salem and Lowell Railroad, .

$ 10,000

$11,000 00

$ 11,225 00

1883. )

PUBLIC DOCUMENT — No. 8.

CHICOPEE FALLS SAVINGS BANK - CHICOPEE FALLS.
Incorporated March 20, 1875 . Number of corporators, 41.
JOBIA W . Osgood, President.
Henry J. Boyd, Treasurer.
STATEMENT.
LIABILITIES,

Deposits, ·
Earnings undivided , I
Guaranty fund ,

ASSETS.

$ 101,960 53
473 05
740 70

Public funds, ·

$ 3,050 00

·

Bank stock ,

Loans on real estate ,. .
Deposit in bank on interest, .

Loans on personal security ,
Expense account ,

.

.

.

Cash on hand and in bank,

17,732 00
54,840 00
20 ,416 58
3,500 00
3 40

3 ,632 30

$103,174 28

$ 103,174 28
Cash on Deposit in Bank :
Chicopee National Bank ,. . . . . . . . .
Whole amount of interest or profits received or earned, . .
Rateand amount of each semi-annual dividend for previous / 2

.
.
cent.,

$6,507 09
$ 4,415 44
1,530 02

year, . . . . . . . . . . . . 2 per cent.,
Times for the dividends fixed by the by-laws: January 1 and July 1.

1,515 01

Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 4 .
The total amount of loans, with each specified rate of interest: $75,256,58,
5 per cent.
Number ofoutstanding loans which are ofan amount not exceeding $ 3,000
each, . . . . . . . . . . . . . 64
Aggregate amount of the same, .
57,056 58
Number of open accounts, . . . . . . . . . 433
Number and amount of deposits received for previous year, . . 640 , 49,039 99
Number and amount of deposits of and exceeding $300 at any one time
for the previous year, . . . . . . . . . . 38 23,634 00
Number and amount of withdrawals, . . . . . . . 29927,382 46
Number of accounts opened the previous year, . . . . . 162
Number of accounts closed the previous year, . . . . . 68
Amount of expenses of the corporation during previous year, . . .
280 79
Amount of treasurer's bond, . . . . . . . . . . 10 ,000 00
Date of examination by commissioner: November 1.

PUBLIC FUNDS.
Estimated
Par Value.

United States 4s, .

.

.

$ 3,050

Market Value. Amount Invested .

$ 3,650 00

$ 3,050 00

66

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK.
Estimated
Par Value,

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

.

$ 5,000
2 ,000
4,000

Market Value. Amount Invested.

00
00
00
00

$ 5,000 00

$ 14 ,000 $ 19,550 00

$17,732 00

3 ,000

$6 ,250
2,100
7,000
3,900

2,317 00
6 ,785 00
3,630 00

67

PUBLIC DOCUMENT — No. 8.

1883. ]

CHICOPEE SAVINGS BANK – CHICOPEE.
Incorporated 1845. Number of corporators, 57.

J. B. Wood, President.

H . H. HARRIS, Treasurer.

STATEMENT.

LIABILITIES .

Deposits , .

.

Earnings undivided ,
Guaranty fund,

ASSETS.

$521,047 64 Public funds, . .
7 . 204 35 Bank stock ,
6 ,635 79 Loans on bank stock ,

$ 1,000 00
28 ,000 00
13, 200 00
17 ,000 00

,

Railroad bonds,
Loans on real estate, .

343,407 06

Loans on personal security ,
Loans to counties, cities, or

75,485 57

towns, .
Deposit
in bank on interest,

24,900 00
14 ,000 00
17,895 15

Cash on hand and in banks, .

$534,887 78

$534,887 78
Loans on Bank Stock , amount on each :
On 20 shares Third National Bank , Springfield, .

.

$1,800 00

On 67 shares First National Bank , Springfield , and 47 shares Chicopee
National Bank, Springfield,. .
. . . . . .

11,400 00

.

.

.

.

Cash on Deposit in Banks, amount in each :

Hampshire County National Bank, . . . . .
Commonwealth National Bank, . . . . . .
Palmer National Bank , . . .
First National Bank , Chicopee, . . . . . .
Whole amount of interestor profits received or earned, .
Rate and amount of each semi-annual dividend for previous 1

. . .
. . .
. . .
. . .
2 per cent., S

$ 14,000 00

year, . . . . . . . . . . . 2 per cent., ?
Times for the dividends fixed by the by- laws : January 1 and July 1.
The total amount of loans, with each specified rate of interest : $ 8,000 ,

9,465 32

5,540 62
5,000 00
1,000 00

$ 27,507 02
9,208 70

4 per cent.; $ 5,000, 45 per cent.; $ 131,702.93, 5 per cent.; $ 26,289.70,
6 per cent.
Number ofoutstanding loans which are ofan amount not exceeding $ 3,000
each , . . . .
. . . . . . . . 236
216,232 63
Aggregate amountof the same, .
Number of open accounts, . . . . . . . .
1,464
Number and amount of deposits received for previous year, , 1,705 189,500 38
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, .

.
.
.

.
.
.

.
.
.

. 118 89,248 00
1,248 156 ,412 44
. 306

Number of accounts closed the previous year, . . . . . 239
Amountof expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . .
Date of examination by commissioner: November 1.

2,253 66
10 ,000 00

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC FUNDS.

United States 4s,

.

.

.

Par Value.

Estimated
Market Value.

Amount Invested .

$ 1,000

$ 1,190 00

$ 1,000 00

$6 ,600
3,000
6 ,000

$ 7,920 00
3,000 00

$6 ,600 00

10 ,000
1,200

15 ,000 00
2 ,400 00

BANK STOCK .
Chapin Nat'l Bank, Springfield ,

City Nat'l Bank , Springfield , .
Palmer Nat'l Bank , Palmer, .
First Nat'l Bank, Chicopee, .
Maverick Nat'l Bank, Boston , .

6 .600 00

$26,800 $34,920 00

3,000
6 ,000
10 ,000
2,400

00
00
00
00

$28,000 CO

RAILROAD BONDS.

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

$ 12,000
5 ,000

$ 13,200 00

$ 12,000 00

5,500 00

5,000 00
$ 17,000 00

$ 17 ,000 $ 18 ,700 00

PUBLIC DOCUMENT — No. 8.

1883.]

69

CITIZENS' SAVINGS BANK - FALL RIVER .
Incorporated 1851. Number of corporators, 53.
E . E . HATHAWAY, Treasurer.
STATEMENT.

Joseph OSBORN, President.

ASSETS .

LIABILITIES.

Deposits , .

.

Earnings undivided,
Guaranty fund,

$ 285,791 50

Bank stock
80 ,433 72 Real estate by foreclosure,
31,230 74 Loaps on real estate, . .

.

5 ,749 64
1,136,455 00

Loans
on personal security,* .
Expense account,

830 ,205 87
1,261 72

14 ,086 27

Cash on hand and in bank ,

$2,273,550 00

$ 2,273,530 00
Amount of real estate held by foreclosure, .

.

.

..

.

.

.

.

.

.

.

3, 200 00

Amount of income received from the same, .

.

.

.

.

.

.

Amount of municipal tax on real estate,

.

.

.

.

.

.

.

280
91
60 16

Cash on Deposit in Bank :
Pocasset National Bank, . .

.

.

.

.

.

.

. $ 10,113 06

Assessed value of the same, .

.

.

.

.

$ 5,749 64

Whole amount of interest or profits received or earned, . . . .
Rate and amount of each semi-annualdividend for previous / 24 per cent.,
) 24 per cent.,
year, . . . . . . . . . .
Times for the dividends fixed by the by -laws: June and December.
The total amount of loans, with each specified rate of interest: $ 1,956,
660.87, 5 per cent.; $ 10,000, 54 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 279
Aggregate amountof the same, . .
. . . . . .
Number of open accounts, . . . . . . . . 3,846

$ 132,447 47
47,136 29
49,403 94

417,480 00

Number and amount of deposits received for previous year, . 9,976 489,002 53
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . .
. . . 371 234,179 70
Number and amountof withdrawals, . . . . . . 2,504 290,900 23
Number of accounts opened the previous year, . . . . . 938
. . 510
Number of accounts closed the previous year,
Amount of expenses of the corporation during previous year, . . . 6,955 90
. . . . . 15 ,000 00
Amount of treasurer 's bond , . .

Date of examination by commissioner : June 15.
* This bank has been notified that these loans have exceeded the legal limit.

70

: BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK .
Estimated
Par Value.

Market Value. Amount Invested .

First Nat'l Bank , Boston, .
$ 25 ,000 $ 50 ,500 00
Second Nat'l Bank . Fall River,
18 ,000
22,500 00
Hide and Leather Nat'l B ’k , Boston ,
22,500 24 ,975 00
7 ,500
8 ,925 00
Commerce Nat'l Bank, Boston ,
18 ,720 00
Fall River Nat'l Bank, Fall River, . 14 ,400
Pocasset Nat'l Bank, Fall River, . 80,000 104,000 00
Maverick Nat'l Bank , Boston, .
5 ,400
12,150 00
Howard Nat'l Bank, Boston , .
17 .080 00
14,000
Eliot Nat'l Bank , Boston,
7 ,900
8,848 00
Matacomet Nat'l Bank, Fall River, ., 28 ,700 37,310 00
Revere Nat'l Bank, Boston, .
28 ,100
32,034 00
Union Nat'l Bank, Fall River, .
15 ,500
17,050 00
5 ,000
7 ,000 00
Merchants' Nat'l Bank, Boston,
6 ,700
8 ,710 00
Redemption Nat'l Bank, Boston,
2 ,500
2,950 00
Railroad Nat'l Bank, Lowell, .
8 ,810 00
5 ,200
Massasoit Nat'l Bank, Fall River, .
1,400

Washington Nat'l Bank, Boston ,

-

1,890 CO

$ 25 ,000 00
18,000 00
22.500 00

7 ,500 00
13,012 50

80,000 00
4 ,779 00
14 ,000 00

7,900
28,700
28 ,100
15 ,500

00
00
00
00

5 ,000
6 ,700
2,500
5 ,200

00
00
00
00

1,400 00

$ 287,800 $ 383,482 00 $ 285,791 50

1883 .]

PUBLIC DOCUMENT — No. 8.
CITY FIVE CENTS SAVINGS BANK – HAVERHILL.
Incorporated 1870. Number of corporators, 49.

Geo. W . Noyes, Treasurer.

John B . NICHOLS, President.
STATEMENT.
LIABILITIES.

Deposits, .
. .
Guaranty fund,

Earnings undivided,

ASSETS.

$ 493,182 73 Public funds, . .
48,340 08 Loans
on public funds,
7 ,275 00 Bank stoc

$ 27 ,000 00
4 , 100 00
45,598 33

950 00

Loans on bank stock ,
Railroad bonds.

73.000 00

Real estate by foreclosure,
Loans on real estate, .

82,199 97
225 ,783 52
76 ,465 51

.

.

Loans on personal security ,

.

Loans to counties, cities, or
towns, .

3,000 00

Deposit in bank on interest, :
Premium account, . .

8,131 13
2,219 35

$518,797 81

$ 548,797 81

Loans on Public Funds, amount on each :
On $ 2,000 United States 4s, . . . .
On 83,500 United States 44s, . . . . .

. . . . . $ 1,800 00
. . . . . 2,300 00

Loans on Bank Stock , amount on cach : On 5 shares Monument National Bank , Charlestown, .

.

.

.

.

$650 00

On 3 shares First National Bank, Haverhill, .

.

.

.

.

. .

300 00

Amount of real estate held by foreclosure, .

.

.

.

.

.

Assessed value of the same, .

.

.

.

.

.

.

.

59,300 00

Amount of incomereceived from the same, .

.

.

.

.

.

.

3,100.00

. . . . . . .

929 95

.

Amountof municipal tax on realestate,

. $82,199 97

Cash on Deposit in Bank :
First National Bank , Haverhill,

.

.

.

.

.

.

.

.

.

Whole amountof interest or profits received or earned,

.

.

.

. $ 36 ,535 01

$ 8 ,481 13

Rate and amount of each semi-annual dividend for previous / 2 per cent,I 9,886 92
. . . \ 2 per cent., l 9,479 43
year, . . . . . . .
Times for the dividends fixed by the by-laws: first Wednesday in June
and December.
The total amount of loans, with each specitied rate of interest : $ 3,825.14,
4 per cent.; $ 10,372 17, 41 per cent.; $ 16,819.24, 4. per cent.; $ 20,333.96 ,
43 per cent. ; $ 33,300, 5 per cent. ; $ 20,688 52, 5 . per cent. ; $ 166 ,980 ,
6 per cent.; $ 33,750, 7 per cent.; $ 1,200 , 8 per cent.
Number of outstanding loanswhich are of an amountnot exceeding $ 3,000
. 130
each , . . . . . . .

Aggregate amount of the same, . . . . . .
Amount of investments from which no incomeis received, .
Number of open accounts, . . . . . . .
Number and amount of deposits received for previous year,

. . . 150,435 02
. . . 3,617 44
. 2,829
.
986 94,955 93

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

. 88

42,897 27

NERS

72

SIO
BANK COMMIS

' REPORT .

Number and amount of withdrawals, .
. . .
Number of accounts opened the previous year, . . .
Number of accounts closed the previous year . . .
Amouutof expenses of the corporation during previous year,
Amount of treasurer's bond, . . . . . . .
Date of examination by commissioner : June 7.

.
.
.
.
.

[ Jan .

1,201 $ 111,847 69
. 330
. 456
. . 2,261 24
. . 15,000 00

PUBLIC FUNDS.
Estimated

Par Value.

Market Value.

Amount Invested .

$ 10,000
10 ,000

$ 10 ,475 00
11,200 00

5 ,000
2 ,000

5 ,200 00
2,000 00

$ 10 ,000 00
10,000 00
5,000 00

City and town bonds :
City of Haverhill, . .
of Lawrence, .
Town of Marlborough , .
of Provincetown, .

.
.

$ 27,000 $ 28,875 00

2,000 00

$27,000 00

BANK STOCK .
First Nat'l Bank, Haverhill, .

Merrimack Nat'l Bank, Haverhill, .
Commerce Nat'l Bank, Boston,
Continental Nat'l Bank , Boston ,
Massachusetts Nat'l Bank, Boston, . ]
Merchants' Nat'l Bank, Boston,
Tremont Nat'l Bank, Boston , .

$ 19,400
500
900
7 ,400

3,000
2 ,500
3 ,000

$ 25 ,800 00
825
1,071
8,732
3 ,360

00
00
00
00

$ 24 ,143
690
900
9 ,247

08
00
00
75

3 ,660 00

3,525 00

3, 173 75

3 ,420 00

3,783 75

$ 36 ,700

$ 15 ,598 33

RAILROAD BONDS.

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

.

Old Colony Railroad 6s, .

.

$ 50 ,000 00

$50 ,000

$62,500 00

13,000

16 ,250 00

13,000 00

11,700 00
$73,000 $ 90,450 00

10 ,000 00

10 ,000

$ 73,000 00

73

PUBLIC DOCUMENT — No. 8.

1883 .]

CITY INSTITUTION FOR SAVINGS – LOWELL.
Incorporated 1837. Number of corporators, 68 .

NATHAN ALLEX, President.

Fred. A . BUTTRICK , Treasurer.
STATEMENT.
ASSETS .

LIABILITIES.

Deposits, .
Guaranty fund,

Earnings undivided,

$ 3,572,143
71 | Public funds, . . .
157,416 38 Bank stock ,
65,000 00 Railroad
Loans on bonds,
bank stock , .
Loans on real estate, .
Loans on personal security ,
Loans
to counties, cities,
towns, .
Deposit in bank on interest,
Expense account, .
Cash on hand, . .

$ 161,600 00
678,480 00
21,863 75
223,500 00
1,575 ,282 88

.

776 ,758 01

.
or
.

293,000 00
59,686 87
2,026 81

.

2,361 77

$ 3,794,560 09

$3,794,560 09

Loans on Bank Stock, amount on each :
On 170 shares Appleton National Bank, Lowell, .

.

.

.

.

On 40 shares First National Bank, Lowell, .

.

.

.

.

.

On 25 shares Wamesit National Bank, Lowell, . . . . .
On 20 shares Brockton National Bank, Brockton ,.

.

On 9 shares Hide and Leather National Bank , Boston, .

.

.

Cash on Deposit in Bank :
Appleton National Bank, Lowell, .

.

.

.

.

.

.

.

. $ 14,263 75
2,600 00
.
. 2,500 00
. 2,000 00
500 00
.

. . $59,686 87
Whole amountof interest or profits received, . .
. . $ 231,850 27
Rate and amount of each semi-annualdividend for previous 2 per cent., 63,426 18
year, . . . . . . .
.
. . 2 per cent.,? 65,595 24
Times for the dividends fixed by the by-laws: second Saturday in January
and July,

Averageannual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 5 .

The total amount of loans, with each specified rate of interest: $ 17,250,
4 per cent.; $ 15,000, 45 per cent.; $ 1,441,135.29, 5 per cent.; $ 38,000,
54 per cent.; $ 243,100,54, per cent.; $5,100,57 per cent.; $ 1,595,199 35,
6 per cent.; $ 40,000, 640 per cent.; $60,000, 65 per cent.; $ 225,900, 7 per
cent. ; $ 3,500, 75 per cent.

Number ofoutstanding loans which are ofan amount not exceeding $3,000
.

.

.

.

.

.

.

.

. 162

Aggregate amount of the same,

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

each ,

.

.

.

.

Number of open accounts ,

.

223,295 37

9,632

Number and amount of deposits received for previous year, . 8,711 791,212 83
Number and amount of deposits of and exceeding $ 300 at any one time
. . 521 281,140 36
for the previous year, . .
Number and amount of withdrawals, . . . . . . 5,084 562,078 32
Number of accounts opened the previous year, . . . , 1,982
Number of accounts closed the previous year, .
. . . 1,244
Amount of expenses of the corporation during previous year, . . . 6,943 72
Amount of treasurer's bond, .

.

.

.

Date of examination by commissioner : July 7.

.

.

.

.

.

.

60,000 00

74

BANK COMMI
' REPOR .
SSION
T
Public Funds.
ERS

City and town bonds:
City of Hartford , Conn ., .
of Haverhill, . .
of Haverhill, . .
of Lowell,. . .
of Lynn, . .
Town of Pittsfield, . .
of Plymouth , .

Par Value.

Estimated
Market Value

$ 10,000

$ 11,800 00
6,600 00

. . . . . . :

6 ,000
40 ,000
3,000
15 ,000
50,000
40,000

[ Jan .
Amount Invested .

$ 10 ,000 00
5 ,100 00

54,000
3 ,480
16 ,500
53,250

40 ,000
00
00
3,000
001 13,500
00
50 ,000
40 ,000
45,300 00

00
00
00

00
00

$164,000 $ 190,930 00 $ 161,600 00
BANK STOCK .
Appleton Nat'l Bank, Lowell, .
Atlantic Nat'l Bank , Boston , .
Atlas Nat'l Bank, Boston, .
Bay State Nat'l Bank , Lawrence ,
Blackstone Nat'l Bank , Boston ,
Boston Nat'l Bank, Boston, .
Boylston Nat'l Bank, Boston , .

Bunker Hill Nat'l Bank, Boston ,
City Nat'l Bank, Boston , .
Columbian Nat'l Bank , Boston ,
Continental Nat'l Bank, Boston ,
Eliot Nat'l Bank, Boston ,
Everett Nat'l Bank, Boston, . ..
First Nat'l Bank, Boston,
First Nat'l Bank , Lowell,
First Nat'l Bank, Marlborough,
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 ,
Metropolitan Nat'l Bank , Boston ,
Commerce Nat'l Bank, Boston,
North America Nat'l Bank , Boston , .
Redemption Nat'l Bank, Boston ,
Republic Nat'l Bank, Boston , .
Eagle Nat'l Bank, Boston, .
Exchange Nat'l Bank, Boston ,.
Hide and Leather Nat'l B 'k , Boston,
Pemberton Nat'l Bank, Lawrence, .
Revere Nat'l Bank , Boston, .
Union Nat'l Bank, Boston , .
Webster Nat'l Bank , Boston, .
New England Nat'l Bank , Boston, .
North Nat'l Bank, Boston,
Old Boston Nat'l Bank, Boston ,
Prescott Nat'l Bank , Lowell, .
Railroad Nat'l Bank , Lowell, .
=

$ 10 ,000

8 ,000

18,000
1,875
30 ,700
20 ,000
12,400
3 ,100
5 ,300

13 ,800

11, 200
10,000
500

20,000
3 ,100

5 ,000

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

10,500
6 ,500
16 ,700

3,950
22,000
9,700

$ 70,000 00
12,040 00
21,802 50
3,125 00
33,309 50
23,700 00
14,632 00
6 , 188 00
6 ,307 00

17,940
13,272
11, 900
565

00
00
00
CO

40 ,500
5 ,100
5 ,000
16 ,050

00
00
00
00

11,800 00
16 , 170 00

10 ,000 00
6 , 182 00
4 ,850 00
18 ,000. 00

27,750
52,400
50,050
3,390
6 .500
11,025

00
00
00
00
00
00

14,850 00

4:2,750
5 ,040
11,379
8 ,775
21,543

00
37
00
00
00

$ 11,970 00

10 ,000 00
18 ,000 00
1,875 00
30 ,700 00
20 ,000
12,400
3,400
5 ,300
16 ,560
11,200
10 ,000
500

00
00
00
00
00
00
00
00

20 ,000 00
3 ,400 00
5 ,000 00)

15 ,000
10 ,000
13,500
10 ,000
4 , 100

00
00
00
00
00

5 ,000 00

20 ,000 00

25 ,000 00
50 ,700 00

12,825 00
3 ,000
5 ,000
10 ,000
11,000
37,500
3,600
10 ,500
8 , 150

00
00
00
00
00
00)
00
00

16 ,700 00

4,759 75
31,900 00

22 ,450 00

11,610 00

10 , 100 00

3,950 00

1883. )

i PUBLIC DOCUMENT — No. 8 .
BANK STOCK – Concluded.
Estimated

Par Value.

Market Value. Amount In rested .

Second Nat'l Bank, Boston , .

$ 26 ,500

$ 10 ,280 00

Shawmut Nat'l Bank , Boston , .

10 ,000
2,000
20 ,500
40,000
23 ,600

10 ,975 00

State Nat'l Bank , Boston ,
Suffolk Nat'l Bank , Boston ,

.
.

Third Nat'l Bank, Boston ,
Washington Nat'l Bank , Boston ,
Tremont Nat'l Bank , Boston , .

3, 900 !

2, 110 00
40,100 00
26 ,904 00

24,241 25
5 ,294 25

$ 26 ,500 00
10 ,000 00
2,000 .00
20 ,500 00
40,000 00
23,600 00
3 ,900 00

$646 ,425 $ 822,989 62 $678 ,180 00
RAILROAD BONDS.
Boston
and Lowell Railroad, .
Eastern Railroad ,

Old Colony and Newport Railroad,

. $ 127 ,500 $ 155,550 00
100,740 00

$ 127,500 00
46 ,000 00

50,000 58,000 00
$ 269,500 $ 314,290 00

50,000 00
$ 223,500 00

92,000

76

BANK COMMISSIONERS' REPORT.

[Jan.

CLINTON SAVINGS BANK — CLINTON .
Incorporated 1851. Number of corporators, 44.

Chauncey L. S. Hammond, Treasurer.

CHARLES L . Swan, President.

STATEMENT.
LIABILITIES.
Deposits, .

ASSETS.

$ 847,003 37 Public funds, .
3,705 24 Loans on public funds,
12,000 00 Bank stock ,

.

Earnings undivided ,
Guaranty fund ,

$ 64,020 00
1,000 00
81,690
7,131
28 ,900
8,958
469.900

Loans on banks
Railroad bonds,

Real estate by foreclosure,
Loans on real estate,
Loans on personal security ,
Loans to counties, cities, or
towns, . .

00
76
00
65
84

170 ,700 00
20 ,000 00
7 ,218 59

Premium account,

3,248 77

Cash on han

$ 862,768 61

$862,768 61
Loans on Public Funds:
On $ 1,000 United States 48, .

.

.

.

.

.

.

.

.

.

$ 1,000 00

Loans on Bank Stock , amount on each :

On 16 shares Merchants' National Bank, New Bedford,

.

.

.

. $ 1,600 00

On 80 shares First National Bank , Clinton, .

.

.

.

.

.

.

5,531 76

Amountof realestate held by foreclosure, . . . . . .. .. $ 8,958 65
Assessed value of the same, . . . . . . . . . . 6,050 00
197 80
Amount of income received from the same, . . . . . . .
Amount of municipal tax on real estate, . . . . . . .
60 57
Whole amount of interest or profits received or earned, . . . . $ 12,345 62

Rate and amount of each semi-annualdividend for previous / 2 per cent., J 15,265 96
year,

.

.

.

.

.

.

.

.

.

.

2 per cent., l

15 ,755 02

Times for the dividends fixed by the by -laws: second Monday in April
and October.
The total amount of loans, with each specified rate of interest: $ 20,000 ,
4.4 per cent.; $ 315,886.76, 5 per cent.; $ 45,700, 54 per cent.; $ 240,618.18,
6 per cent.; $ 16 ,547 66, 7 per cent.
Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 236
Aggregate amount of the same, . . . . . . . . •. 185,598 30
13 ,800 00
,
.
received ,, .. .
Amount of investments from which no income is received
Number of open accounts, . . . . . . . . 3,084
Number and amount of deposits received for previous year, : 3,075 226,289 08
Number and amount of deposits of and exceeding $ 300 at any one time
.

.

.

Number and amount of withdrawals, . . . .
Number of accounts opened the previous year, . .
Number of accounts closed the previous ycar, . .

for the previous year, .

.

.

.

.

.

.

.

.
Amount of expenses of the corporation during previous year,
Amount of treasurer's bond , . . . . . . .
Date of examination by commissioner : July 21.

.
.
.

.

. 179

77,213 41

1,750 208,067 29

. 732
. .
. .
. 497

2,264 53
20,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

77

PUBLIC FUNDS.
Estimated

Par Value.

Market Value.

Amount Invested .

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

.
.

.
.

$ 8 ,000

$ 8,800 00

$ 8,620 00

55 ,400

60 ,940 00

55,400 00

$63,400 $69,740 00

$64,020 (10

BANK STOCK
First Nat'l Bank , Clinton ,

First Nat'l Bank, New Bedford ,
Commerce Nat'l Bank, New Bedford,
Boston Nat'l Bank , Boston , .
Manufacturers' Nat'l Bank, Boston,
Webster Nat'l Bank, Boston ,
Atlas Nat'l Bank, Boston,
.
Traders' Nat'l Bank , Boston , .
Hide and Leather Nat'l B ’k , Boston,
Howard Nat'l Bank, Boston, . .
Market Nat'l Bank , Boston , .
City Nat'l Bank , Boston , .

.

North America Nat'l Bank, Boston,
Metropolitan Nat'l Bank, Boston , .
Central Nat'l Bank, Boston , . .
First Nat'l Bank, Leominster, .
Orange Nat'l Bank , Orange, .

$ 30 ,000
5,000
5 ,000
200

5,000
10,500
1 ,400

800
1 ,000

1,600
2 ,000

500
4 ,200
2,000

$ 37,500 00
6 ,750
6 ,900
237
5 ,250

00
00
00
00

11,379 37
1,696 00
742 00
1, 100 00
1,952 00

2,000 00
594 37
4,651 50

2,425 00

2,000
3,000
5 ,000

1,485 00
3 ,300 00
5 ,500 00

$79,200

$ 93,462 24

8 :30,490 00
5,000 00
5 ,000
200
5 ,000
10 ,500
1,400
800

00
00
00
00
00
00

1,000
1,600
2,000
500
4 ,200
2,000

00
00
00
00
00
00

4 ,000
3 ,000
5 ,000
$ 81,690

00
00
00
00

RAILROAD Bonds.
Fitchburg Railroad , 78, .
Old Colony Railroad 7s, .

.
.

Old Colony Railroad 6s, .

.

$ 13,000
5 ,000
10 ,000

$ 16 ,250 00
6 ,250 00

$ 13,000 00

11,700 00

5 ,000 00
10 ,900 00

$ 28,000 $34,200 00

$ 28 ,900 00

BANK COMMISSIONERS' REPORT.

78

[Jan .

COHASSET SAVINGS BANK - COHASSET.
Incorporated 1845. Number of corporators, 32.
LEVI N . Bates, Treasurer.
MARTIN LINCOLX, President.
STATEMENT.
LIABILITIES.

Deposits, .

.

ASSETS.

- ---8331,369 69 l Bank stock , . . .
.
4 ,915 36 Railroad bonds,
6 ,000 00 | Real estate by foreclosure,
Loans on realestate , . .
Loans on personal security,

.

Earnings undivided ,
Guaranty fund ,

- -$56,500 00

25,000 00

.
.
.
.

6 ,000 00

172,625 00
30 ,000 00

Loans to counties, cities, or
towns,

29,500 00

.

Deposit in banks on interest, i !
Cash on hand ,

25 ,379 00
281 0.5

$ 315,285 05

$ 315,285 05
.

.

.

.

.

.

$6 ,000 00

.

.

Amountof incomereceived from the same, .
Amount of municipal tax on realestate,

.

.

.

.

.

.

. .
. .

.

..

.
.

4,500 00
480 00

.

.

. : .

Amount of real estate held by foreclosure, .
Assessed value of the same, .

.

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

. . .
. . .
.
Boston National Bank, . . . . . .
. . . .
Whole amount of interest or profits received or earned, . . . .
Rate and amount of each semi-annualdividend for previous 1 2 per cent., S

Maverick National Bank ,

year,

.

.

.

.

·

.

..

.

.

.

.

.

.

2 per cent., l

72 18

$ 18,000 00
1,501 69
5,877 31

$ 18,423 74
6,321 59
6 ,550 26

Times for the dividends fixed by the by-laws: first Tuesday in January
and July .

Average annual per cent. of dividends for the terın ending at time of, and
including, last extra dividend : 4.
The total amount of loans, with each specified rate of interest : $ 22,500 ,
4 per cent.; $ 5,000, 44 per cent ; $ 75 ,500, 5 per cent.; $ 129,125, 6 per
cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000
.

.

.

.

.

.

.

.

. 80

Aggregiite amount of the same,
Number of open accounts, .

each , .

.

.

.

.
.

.
.

.
.

.
.

.
.

.
.

.
.

. .
. 866

56,125 00 •

. . 344 29,862 00
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 25 10,339 00
Number and amount of withdrawals, . .
. 378
.
.
.
32,244 09
Number of accounts opened the previous year, .
58
Number of accounts closed the previous year,
Amount of expenses of the corporation during previous year, . .
1,023 81
Amount of treasurer 's bond , ·
9,000 00
·
Date of examination by commissioner : July 24.
Number and amount of deposits received for previous year,

:

1383.]

79

PUBLIC DOCUMENT — No. 8.
BANK STOCK.
Estimated
Par Value.

Atlas Nat'l Bank , Boston ,

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

.

City Nat'l Bank , Boston , .

Columbian Nat'l Bank, Boston ,
Continental Nat'l Bank , Boston,
Eagle Nat'l Bank , Boston , .
Everett Nat'l Bank, Boston , .
Hide and Leather Nat'l B ’k , Boston ,
Market Nat'l Bank , Boston , . .
Maverick Nat'l Bank , Boston , .
Merchants' Nat'l Bank , Boston ,
North Nat'l Bank , Boston , .
Republic Nat'l Bank , Boston , .
Revere Nat'l Bank, Boston,
Shawmut Nat'l Bank , Boston , .

State Nat'l Bank, Boston ,
Tremont Nat'l Bank, Buston , :
Union Nat'l Bank, Boston,
Washington Nat'l Bank , Boston ,
Webster Nat'l Bank, Boston , ..

$ 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

Market Value.

Amount Invested . .

$ 3,630 00

$ 3,000 00

2, 155
5 ,355
5 ,117
2 ,600
4 ,600
2.083

00
00
00
00
00
50

2 ,000 00
4 ,500 00

2,250
2,831
3,007
2,926

00
25

50
62

3,237 25
1,561 50
2,750 00
5 ,096 25
3 ,488
4 ,555
2 ,656
2 ,115

00
00
50
00

4 ,300 00
2,000 00
4 ,000. 00
1 ,800 00
2 ,000 00
2 ,500 00
3 ,000 00
1,300 00

2 ,300 00
1,200 00
2 ,200 00

4 ,500 00
3 ,200. 00
3,800 00
2 ,300 00
1,500 00

1,267 50
4 ,653 50

1 ,000 00
4 ,100 00

$56,500 $67,936 37

$ 56,500 00

4,100

RAILROAD BONDS.
Eastern Railroad 6s, . .

$ 17 ,520 00
11,250 00

$ 16 ,000 00
9,000 00

$ 25,000 $ 28,770 00

| $ 25,000 00

.

$ 16 ,000)

Old Colony Railroad 7s, .

9,000

80

BANK COMMISSIONERS' REPORT.

[Jan .

CROCKER INSTITUTION FOR SAVINGS – TURNER'S FALLS.

Incorporated April 3, 1869. Numberof corporators, 16 .
Geo. 0 . PEABODY, President.

D . P . ABERCROMBIE, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, .

. ,

Earnings undivide ,
Guaranty fund, d

ASSETS.

$ 349,312 66 Public funds, .
2,700 31 1 Bank stock ,

2,900 00

$ 36 ,000 00
27 ,682 50
1,000 00
17,000 00
28, 200 26

Loans on bank st
Railroad bonds, .
.
Real estate ,
.
Loans on real estate, .

189,235 50

Loans on personal security ,

27 ,800 00

Loans
to counties, cities, or
towns, .
Deposit in bank on interest, .

10,000 00
6 ,300 00
209 80
271 00
6 ,180 00

Expense account,
Interest
, .
Premiums,

Cash on hand , .

.

5,033 91

.

$ 331,912 97

$354,912 97
Loans on Bank Stock :

On 13 shares Crocker National Bank, , . . . . . . . $ 1,000 00
Invested in real estate (for banking purposes), .
Estimated value of the same, . . . . .
Amount of municipaltax on realestate, . .
Cash on Deposit in Bank :

.
.

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

Crocker National Bank, .

.

.

.

.

.

.

.

.

.

26

28,200 26
168 74

. $ 11,333 91

Whole amount of interest or profits received or earned , . . . .
Rate and amount of each semi-annual dividend for previous / 2 per cent., )
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 : 5 , 3
The total amount of loans,with each specified rate of interest: $ 10,000,
5 per cent. ; $ 218 ,035 .50 , 6 per cent.
Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each , · · · · ·
· 178
Aggregate amount of the same, . . . . . . . . .
Amount of investments from which no income is received , . . . .
Number of open accounts, . . . . . . . . 1,039
Number and amount of deposits reccived for previous year, . 1,320
Number and amount of deposits of and exceeding $ 300 at any onetime
for the previous year, . . .
• 111
Number and amount of withdrawals, . . . . . . . 587
Number of accounts opened the previous year, . . . . . 322
Number of accounts closed the previousyear, . . . . . 186
Amount of expenses of the corporation during previous year, . . .
Amountof treasurer's bond, . . . . . . . . . .
Date of examination by commissioner : September 4.

$ 16 ,503 59
5,829 32
5,467 17

139,485 50
4,000 00
135,686 65
67,431 01
77,331 31

791 42
25,000 00

1883. ]

PUBLIC DOCUMENT - No. 8.
Public Funds.
Par Value.

Estimated
Market Value.

Amount Invested .

$ 11,700 00

$ 10,000 00

State and city bonds :

$ 10 ,000
3,000

State of Massachusetts 5s,
of Maine 68, .
.
City of Boston 6s, . .
of Boston 5s, . .
of Lowell 6s, . .
of Providence, R . I.,5s,
of Somerville 5s, . .

6 ,000
4 ,000
3,000
5,000
5 ,000

3,400
7 ,300
4 ,700
3,400

00
00
00
00

5 ,800 00
5 ,300 00

$36,000 $ 11,600 00

3,000 00
6 ,000 00
4 ,000
3,000
5 ,000
5 ,000

00
00
00
00

$36,000 00

BANK STOCK .

$7,125 00

$5 ,925 00

7 ,200 00

6 ,930 00
2, 120 00

Conway Nat'l Bank, Conway , .

$5 ,700
6 ,000

Pacific Nat'l Bank, Boston , .
Central Nat'l Bank, Boston, .
Continental Nat'l Bank, Boston ,

1,000
1,000

700 00

2 ,056 25

4 ,000

4,720 00

4 ,704 25

Columbian Nat'l Bank, Boston ,
Webster Nat'l Bank, Boston, .

700
1,000

1,000
1,000
1,000

00
00
00
00

1,014 50
1,155 00

Eliot Nat'l Bank , Boston , .
Commerce Nat'l Bank, Boston,
Tremont Nat'l Bank , Boston , .

910
1 ,085
1 ,190
1 , 190

1, 150 00

1,242 50

$ 22,400 $ 25 ,270 00

$27,682 50

Crocker Nat'l Bank , Turner's Falls,

1,242 50
1,292 50

RAILROAD BONDS.

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

$ 7,000
10,000

$ 3,120 00

11,250 00
$ 17 ,000 $ 19,370 00

$ 7,000 00
10,000 00

$ 17,000 CO

BANK COMMISSIONERS' REPORT.

[Jan .

DANVERS SAVINGS BANK - DANVERS.
Incorporated 1850. Number of corporators, 50.
Wm.
WA L. WESTON , Treasurer .

ISRAEL H . PUTNAM, President.

STATEMENT.
LIABILITIES.

ASSETS.

Deposits, .

$ 980,457 80 Public funds, . .

Earninty
undivided,.
ngs fund,
Guara
Rent,

" 21,750
27,146 0028 Bank
Loansstock,
on public ,funds, .
608 15

Loans on bank stock , .
Real
Loan estate by foreclosure,

$ 29,605 00
4 ,500 00
120,621 00
5 ,500 00

.
.

s on
Loans on personal security,

86 ,751 55

410,694 00
249,122 15

Loans to counties, cities, or
towns,
Deposit in banks on interest, .
Cash in banks not on interest, .

15 ,820 83

84,476 90
22,870 80

$ 1,029,962 23

$ 1,029,962 23
Loans on Public Funds :

On $5,000 United States bonds, .

.

.

.

.

.

.

.

$4,500 00

Loans on Bank Stock , amount on each :

On 38 shares First National Bank, Danvers, . .
$3,500 00
On 16 shares First National Bank, Danvers, and 6 shares Salem National
Bank , .

.

.

.

.

.

.

.

Amount of realestate held by foreclosure, .

.

.

.

.

.

.

2 ,000 00

.

.

.

. .

. $ 86 ,751 55

.

.

.

.

.

86 ,930 00

Amount of income received from the same, . .

. . . . .

5 ,046 00

Amount of municipal tax on real estate, . .
Cash on Deposit in Banks, amount in each :

.

.

.

.

.

1,295 71

·
.

.

.

.

.

$ 216 16
4, 260 74
80,000 00
22,870 80

Whole amount of interest or profits received or earned,

.

.

.

. $54,690 51

Assessed value of the same, .

.

.

National Bank of Redemption , Boston ,
Maverick National Bank, Boston, .
Republic National Bank, Boston , .
First National Bank , Danvers,

.

·
.

.

.

.

.

Rate and amountof each semi-annual dividend for previous ? 2 per cent., l 18,766 83
year,

.

.

.

.

.

.

.

.

.

.

. ) 2 per cent.,

18 ,880 27

Times for the dividends fixed by the by-laws: April 1 and October 1.
The total amount of loans, with each specified rate of interest : $ 95,820,
4., per cent.; $ 25,000 , 43 per cent. ; $ 191,000, 5 per cent.; $ 20,000, 5 , per
cent.; $ 253,516, 6 per cent.; $ 10,300 ,64 per cent.; $ 116 ,578 , 7 per cent. ;

$ 800, 74 per cent.; $ 52,446.65, 8 per cent.
Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each, . . . . . . . . . . . . . 229
Aggregate amount of the same, . . . . . . . . . 194,489 00

Amountof investments from which no incomeis received, . . . . *57,691 73
Number of open accounts,

.

.

2,902.

Numberand amountof deposits received for previous year,

.

.

.

.

.

.

.

1,501 115,874 92

* Of this amount $52,446.65 is secured by 16 Huntington Avenue certificates

'1883. ]

PUBLIC DOCUMENT — No. 8.

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

Number and amount of withdrawals, .

.

.

.

.

.

.

1,287 138,118 67

90

Number of accounts opened the previous year, .

.

.

.

. 344

Number of accounts closed the previous year, . . . . . . 289
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . . .
Date of examination by commissioner: August 15.

$ 11,024 00

2,484 58
20,000 00

PUBLIC FUNDS.
Estimated

Par Value.

Market Value. AmountInvested.

City and town bonds:
City of Boston 6s, .

$ 10 ,000

of Boston 4s, .

10 ,000
2,000

$ 12,000 00
11,500 00
2,400 00

8,000

9,500 00

10 ,000 00
1,830 00
8 ,000 00

$ 30 ,000 $ 35 ,400 OU

$ 29,605 00

of Hartford 6s,
Town of Danvers 5s,

..

$ 9,775 00

Bank Stock
Tremont Nat'l Bank, Boston, .

82,000

Traders ' Nat'l Bank , Boston , .
Commerce Nat'l Bank, Boston,
Exchange Nat'l Bank, Boston,
Howard Nat'l Bank, Boston, .
Revere Nat'l Bank , Boston ,
Washington Nat'l Bank , Boston ,

2,800

Atlas Nat'l Bank, Boston,
Globe Nat'l Bank, Boston , .
Merchants' Nat'l Bank, Boston ,
Redemption Nat'l Bank, Boston ,
State Nat'l Bank , Boston ,

Continental Nat'l Bank, Boston ,
No. America Nat'l Bank, Boston ,
Blackstone Nat'l Bank, Boston,
Salem Nat'l Bank , Salem ,
First Nat'l Bank , Salem , . .
Naumkeng 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 Barrk , Rockport,

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

$ 2,300 00

2,520
7 ,080
8,450
8 , 296
8,625

00
00
00
00
00

3 ,400 00

6 ,050 00

9,180
7 ,050
8,515
6 ,150
1, 150
3,110
324

00
00
00
00
00
00
00

3,000
810
815
10 ,800

00
00
00
00

7,500

9,825 00

12,500
2,000
6 ,900

16 ,750 00
2,800 00
8 ,464 00

1,000

1,350 00

$110,200 $ 137,144 00

$ 2 ,000 00

2 ,800 00
6 ,000 00
6 ,500 00
6 ,800 00
7 ,500 00
2.500 00
5 ,675 00
10 ,612 50
6 ,475 00
7,901 25
5 ,356 25
1 ,080 00
3 ,148 75
300 00

2,862 50
700
500
8,100
8,962
14,947

00
00
50
25

00

2 ,000 00

6 ,900 00
1,000 00
$ 120,621 00

84

BANK COMMISSIONERS' REPORT.

[Jan.

DEDHAM INSTITUTION FOR SAVINGS -- DEDHAM .
Incorporated May 1, 1831. Number of corporators, 80.

WALDO COLBURN, President.

Calvin Guild , Treasurer .
STATEMENT.

LIABILITIES .

Deposits , .
Earnings undivided ,
Guaranty fund,

ASSETS.

$ 212,000 00
1,000 00

$ 1,484,005 13 Public funds,
88,217 59 | Loans on public funds,
Bank stock ,
40,778 82 Railroad
bond

75 ,900 00
123, 292 50
38,725 00
637 ,121 80

Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security,

469,875 00

Loans to counties, cities, or
towns,

14 ,850 00
40,237 24

.

Deposit in bank on interest, :

$ 1,613,001 54

$ 1,613,001 54
Loan on Public Funds:
On $ 1,000 Town of Melrose bond, .

.

.

.

.

.

Amount of realestate held by foreclosure, .

.. . .

Assessed value of the same, .

.

.

.

.

Amount of income received from the same, .
Amount of municipaltax on real estate, .

.
.

.
.

.
.

.

.

.

.

.

.

.

. $ 38,725 00

.

.

.

.
.

.
.

.
1,492 42
. . 466 52

$ 1,000 00
38 ,610 00

Cash on Deposit in Bank :
Dedham National Bank, .

. . . . . .
Whole amount of interest or profits received or earned , . . . .
Rate and amountof each semi-annualdividend for previous ) 2 per cent.,
year, . . . . . . . . . . . . 2 per cent., !
Times for the dividends fixed by the by -laws: May 1 and November 1.
Average annualper cent. of dividends for the term ending at time of, and
including, last extra dividend :6455.
The total amount of loans, with each specified rate of interest : $5 ,000,
4 per cent.; $ 50,000, 41 per cent.; $ 305,000, 5 per cent.; $60,000, 51 per
cent.; $ 675 ,646 .80 , 6 per cent.; $ 9,850, 6 ) per cent. ; $ 17,350, 7 per cent.
Number of outstanding loans which are of an amountnot exceeding $ 3,000
each , . . . . .· .· .· · ·
· · · 358
Aggregate amount of the same, . . . . . .
. .
Number of open accounts, . . . . . . . . . 4,316
Number and amount of deposits received for previous year, . 2,453
.

.

$ 40,237 24
$78,085 13
26,250 54
27,234 48

406 ,771 80
225,658 06

Number and amount of deposits of and exceeding $ 300 at any one time
.

.

.

Number and amount of withdrawals, .

. .

.

Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.
.

for the previous year, .

.

.

.

.

,

. 197

.
.

. 569
. 388

Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . . . . .
Date of examination by commissioner : June 13.

. .
. .

.
.

103,452 66

1,885 179,535 30
3,229 15

15,000 00

1883.]

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Estimated

Par Value.

Market Value. AmountInvested. .

City and town bonds :
City of Fall River 6s, .
of Manchester, N . H ., 6s,
of Augusta , Me., 6s,
of Biddeford ,Me., 6s,

of Portland , Me., 6s,
of Worcester 6s, .
of Charlestown 6s, .
of Boston 6s, . .
of Boston 4s, .
of Providence, R . I.,44s, .
of Lynn 5s, .
Town of Malden 6s,
of Melrose 7s,
of Woburn 6s,
of Lincoln 6s,
of Natick 7s, .

$ 5,000
18,000
5 ,000
4 ,000
9,000
10 ,000
6 ,000
10 ,000
100 ,000
20 ,000
1 ,000
10,000
5 ,000
5 ,000
2 ,000
2 ,000

2 ,360 00

$ 5 ,000 00
18 ,000 00
5 ,000 00
4 ,000 00
9 ,000 00
10 ,000 00
6 ,000 00
10 ,000 . 00
100,000 00
20,000 00
1,000 00
10 ,000 00
5 ,000 00
5 ,000 00
2 ,000 00

2,100 00

2,000 00

$ 5 ,700 00

20,880 00
5 ,250 00
4 ,120 00
10 .800 00

11,000 00

6 ,960 00
12,900 00
107 ,000 00
21,200 00
1,000 00
11,500 00
6 , 100 00
5 ,950 00

$ 212,000 $234,820 00 $212,000 00
BANK STOCK .

Dedham Nat'l Bank , Dedham ,
Howard Nat'l Bank, Boston , .
Blackstone Nat'l Bank, Boston ,
State Nat'l Bank, Boston, .
Union Nat'l Bank , Boston ,
Globe Nat'l Bank , Boston ,
Traders' Nat'l Bank, Boston, .

People's Nat'l Bank , Boston, .
Commerce Nat'l Bank, Boston,
Atlas Nat'l Bank, Boston .
Webster Nat'l Bank, Boston , .
Shawmut Nat'l Bank , Boston , .

$ 14,900
4 ,000
7 ,500
2 ,500
2 ,500
2,500
5 ,000
6 ,000
7 ,500
10,000
8,500

$ 17 ,731 00
00
00
00
00
00
00
00
00
00

10 ,000 00
8 ,500 00

5 ,000
$75 ,900

5 ,450 00

5 ,000 00

$89,716 00

$ 75 ,900 00

4 .880 00

8 ,100
3,075
3,500
2,675
4 ,500
9,600
8,925
12,100
9,180

$ 14,900 00
4 ,000
7,500
2,500
2 ,500
2,500
5 ,000

00
00
00
00
00
00

6 ,000 00
7,500 00

RAILROAD BONDS.

Worcester and Nashua Railroad 5s,

$ 9,700

Boston and Maine Railroad 7s,

23,000

Boston and Lowell Railroad 7s,

7,000

Boston and Lowell Railroad 6s,
Boston and Lowell Railroad 5s,

11,000
5 ,000
5 ,000

Old Colony Railroad 7s, .

.

Eastern Railroad,

$ 10,000
28,390
8 ,260
12,210
5 ,200
6 ,200

00
00
00
00
00
00

$ 9,700
23,000
7,000
11,000
5 ,000
5 ,000

00
00
00
00
00
00

29,500

32,155 00

27,592 50

35,000

36 ,225 00

35 ,000 00

Boston, Clinton , Fitchburg ,and New
Bedford Railroad 5s,* .

.

$ 125,200 $ 138,640 00 $ 123,292 50
* This bank has been notified that this investment is illegal.

86

BANK COMMISSIONERS' REPORT.

[ Jan.

EAST BOSTON SAVINGS BANK - BOSTON .
Incorporated April 26, 1848. Number of corporators, 28.
GEORGE T. SAMPSON, President.

WILLIAM B . Pigeon, Treasurer .
STATEMENT.

LIABILITIES.

Deposits ,
Guaranty fund ,

Earnings undivided ,

ASSETS .

$650 00

$ 1, 111,478 73 Loans on public funds, .
99,680 98 Bank estate
stock ,,
17,839 09 Real
Real estate by foreclosure,

225 ,500 00
24 ,861 81
235,329 46

Loans on realestate,. .
Loans on personal security ,

543,397 18
159,440 50
18,869 10

Deposit in bank on interest,
Expense account,

.

.

.

.

1,606 32
18 ,488 10
856 03

Accrued interest,

Cash on hand, .

$ 1,228,998 80

$ 1,228,998 80

Loans on Public Funds:

.
.
.
.
.
.
.

. . . . . .

On $650 United States bonds,. . . . . .
Invested in real estate (forbanking purposes), . .
Estimated value of the same, . . . . . .
Amountof real estate held by foreclosure, . . .
Assessed value of the same, . . . . . .
Amount of incomereceived from the same, . . .
Amountof municipal tax on real estate, . . .
Cash on Deposit in Bank : First Ward National Bank, . . . . . .
Whole amount of interest or profits received or earned,

.
..
.
.
.
.
.

. .
. .

. . $650 00
. . $ 24,861 81
. . 25,000 00
. . 235,329
46
. . 231,237 00
. . 23,910 67
. . 4,136 10

. . $ 18,869 10
. . $67 ,098 74

Rate and amount of cach semi-annual dividend for previous | 2 per cent., ſ 20,117 15
year
. ) 2 per cent., l 20,513 06
Times for the dividends fixed by the by - laws : third Wednesday in Jan
uary and July .
Average annual per cent. of dividends for the term ending at timeof, and
including, last extra dividend : 4.

The totalamount ofloans,with each specified rate of interest: $ 128,970.87,
6 per cent.; $57,500,52 per cent.; $7,624.33,54 per cent.; $ 335,443.51,

6 per cent.; $ 13,686.97, 6 } per cent.; $ 15,900, 64 per cent.; $ 2,500, 64 per
cent.; $ 124,517, 7 per cent.; $ 17,345, 8 per cent.
Number of outstanding loans which areofan amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 257
Aggregate amount of the same, . . . . . . . . . 343,943 20
4 , 365
.
.
.
.
.
Number of open accounts, . .
Number and amount of deposits received for previous year, . 4,371 264,730 81
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 175 95,588 00
Number and amount of withdrawals, . . . . . . . 3,160 264,505 78
Number of accounts opened the previous year, .
982
. . 909
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 : May 4.

.

.

.

5,376 15
.

.

.

20,000 00

1883.]

87

PUBLIC DOCUMENT — No. 8 .
BANK STOCK .
Estimated

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 Nat'l Bank , Boston ,
Eliot Nat'l Bank , Boston, .
Freeman's Nat'l Bank , Boston ,

Globe Nat'l Bank, Boston ,
Hide and Leather Nat'l B 'k , Boston ,
Howard Nat'l Bank, Boston, .
Market Nat'l Bank, Boston , .

Merchandise Nat'l 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 Nat'l Bank, Boston, .
Suffolk Nat'l Bank , Boston, ..
State Nat'l Bank, Boston ,
Shoe and Leather Nat'l B ’k , Boston ,
Traders' Nat'l Bank, Boston, .
Tremont Nat'l Bank , Boston, . .
Union Market Nl B ’k , Watertown,.

Par Value.

Market Value.

$ 1,000
3 ,800

$ 1,211 25

$ 1,000 00

20,000

23,700 00
4 ,123 00

4 ,100
13,700
10 ,000
11,500
25 ,000
20 ,000
6 ,700
7,200
5 ,000
2,400

4 ,838
11,837
16 ,337
11, 275

20 ,000
3,800
4 , 100
10 ,000
13,700

10 ,000

2, 100
3 ,000

15 ,000
10,000
5 ,000
10 ,000

10,000
6 ,400
5 ,000
5 ,000
13,300

00
50
25
00

13 ,685 00
29,000 00
21,400 00
7 ,370 00
8 ,784 00
5 ,000 00

Amount Invested .

00
00
00
00
00

10 ,000 00
11,500 . 00
25 ,000 00

20 ,000 00
6 ,700 00

3 ,360 00
11,400 00
6 ,237 50
11,700 00
12,300 00
6 ,752 00
4 ,637 50
5 ,700 00

7 ,200
5 ,000
2,400
2 ,400
3 ,000
15 ,000

00
00
00
00
00
00

10 ,000
5 ,000
10 ,000
10,000
6 ,400

00
00
00
00
00

14,962 50

13,300 00

2,400 00
3 ,123 00

16 ,612 50

5 ,000 00
5 .000 00

$ 225,500 $257,746 00 $225,500 00

88

BANK COMMISSIONERS' REPORT.

[Jan.

EAST BRIDGEWATER SAVINGS BANK - EAST BRIDGEWATER .

Incorporated 1870. Number of corporators, 50.
I. N . NUTTER, Treasurer.
STATEMENT.

K . E. SHELDON , President.
LIABILITIES.

ASSETS.

$ 246 .889 13 | Public funds

Deposits, . .

,

Earninty
ngs indiv
Guara
fund, ided .

.

.

5 ,189 42 | Bank stock ,

$ 18 ,187 50
47,268 00

3, 133 21 Railroad bonds,
. .
!
Loans on real estate
Loans on personal security , .

16 ,000 00
115 ,435 11

Expense account,
Interest account,
Cash on hand,

$ 255,211 76

57,285
296
255
484

39
05
00
71

$ 255,211 76

Whole amountof interest or profits received or earned , . . . . $ 12,747 90
Rate and amount of each semi-annual dividend for previous 2 per cent., 3,873 87
year, . . . . . . . . . . . \ 2 per cent., 1 4,278 63
Times for the dividends fixed by the by -laws: January 1 and July 1.
Average annual per cent. of dividends for theterm ending at time of, and
including, last extra dividend : 48.

The total amount of loans, with each specified rate of interest : $ 5,000,
4 per cent.; $ 3,000, 10 per cent.; $ 30,800, 5 per cent.; $ 168,108, 6 per
cent.
Number of outstanding loanswhich are ofan amountnot exceeding $ 3,000
each, . . . . . . . . . . . . . . 139
Aggregate amount of the same, .
111,560 11
. . . 942
Number of open accounts, . . . .
Number and amount of deposits received for previous year, . . 815 77,913 76
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 67 37,028 18
Number and amountof withdrawals, . . . . . . . 521 46,028 83
Number of accounts opened the previous year, . . . . . 205
Number of accounts closed the previous year, . .
. . . 95
Amount of expenses of the corporation during previous year, . . .
676 82
Amount of treasurer's bond, . . . . . . . . . . 10,000 00
Date of examination by commissioner : August 22.

1883.]

PUBLIC DOCUMENT — No. 8.

89

PUBLIC FUNDS.
Estimated

Par Value. Market Value.

United States 4£s, .
"

"

4s,

.

.

.

$ 3,000

$ 3 ,390 00

5,000

5,975 00

3,000

3,600
500
2 ,100
2 ,000
2,200
500

AmountInvested .

$ 3,000 00
5,000 00

State, city and town bonds :

State of New Hampshire 6s, .

City of Rockland,
Me., 6s,
of Cambridge 6s, .
.
.

.
.
.

of Amesbury 5s, .

.

of Bath , Me , 6s,
Town of Woburn 6s,

00
00
00
00
00
00

3,322 50
455 00
1 ,940 00

$ 18,000 $ 20,265 00

$ 18,187 50

500

2,000
2 ,000
2 ,000
500

2,070 00
1 ,900 00

500 00

BANK STOCK .
Home Nat'l Bank, Brockton , . .
Brockton Nat'l Bank , Brockton,
City Nat'l Bank , Boston , .
Commonwealth Nat'l Bank, Boston,
Fourth Nat'l Bank, Boston, .
Hamilton Nat'l Bank, Boston, .
Hide and Leather Nat'l B ’k , Boston ,
Market Nat'l Bank , Boston , ..
Merchandise Nat'l Bank , Boston ,
Shawmut Nat'l Bank, Boston , .
State Nat'l Bank , Boston , .
Traders' Nat'l Bank , Boston , . .
Tremont Nat'l Bank, Boston, . .
Webster Nat'l Bank, Boston , .
Globe Nat'l Bank, Boston ,
Redemption Nat'l Bank, Boston ,
Eagle Nat'l Bank , Boston , .

North America Nat'l Bank, Boston,.

$ 1,000

1,000
2 ,000
1 ,000
3,000
1,000
2 ,300

2,000
2 ,000

1 ,000
2, 200
3 ,000

3,000
4 ,000
3,000
5 ,000
1 ,700
2,000

$ 1,600
1, 100
2,360
1, 100
3,300
1, 180
2 ,530

00
00
00
00
00
00
00

2,000 00
2 ,000 00
1,100 00
2 ,706
2 ,775
3 ,420
4 ,320

00
00
00
00

3,210 00

$ 1,580 00
1 ,000 00

2 ,276 75
1,225 00

3,000 00
1, 250 00

2,300 00
2,317
2 ,000
1 ,167
2 ,471
3 ,000
3,480

50
00
50
25
00
00

4 ,000 00

6 ,500. 00

3,000 00
6 ,500 00

1,904 00

1,700 00

2 ,200 00

2,000 00

$ 13,200 $ 18 ,305 00

$ 17 ,268 00

RAILROAD BONDS.
Old Colony Railroad 6s, .
Eastern Railroad 6s,
.

.
.

$ 6,000

00
00
00
00

$ 6 ,000 00

1,000 00

1,000 00

$ 16,000 $ 17,970 00

$ 16,000 00

Vermont & Massachusetts R .R . 6s, . |

5 ,000
1 ,000

Boston , Revere Beach & Lynn R .6s,

3,000

Newport and Richford Railroad 5s, .

1 ,000

$ 7 ,020
5,500
1,000
3 ,450

5 ,000 00
1,000 00
3,000 00

90

BANK COMMISSIONERS' REPORT.

[Jan .

EAST CAMBRIDGE FIVE CENTS SAVINGS BANK - CAMBRIDGE.
Incorporated 1854. Number of corporators, 42.
SAMUEL SLOCOMB, Treasurer.
GEORGE STEVENS, President.
STATEMENT.

LIABILITIES.

Deposits, . . .
Earnings undivided ,
Guaranty fund,
Premiums
,

Profit and loss

.

ASSETS .

$ 959,206
6 ,919
24,645
3,634

83
22
01
84

$ 21,000 00

| Public funds, .

Loans on public funds,

6 ,000 00
129,900 00
9,379 21
19,000 00

Bank stock ,

Loans on bonds,
bank stock,
2,500 00 Railroad

4 ,363 44

Real estate,

31,358 76

Real estate by foreclosure,
Loans on real estate,.

568,042 67
145,500 00

Loans on personal security, .
Loans
to counties, cities, or
towns, . . .
Deposit in banks on interest, .
Expense account,

54,793 33
6 ,918 58

12 75

.

25 00
612 17

Loan on bank book,
Cash on hand, .

$ 996,905 90

$ 996,905 90

Loanson Public Funds, amount on each :
On $ 3,000 bonds city of Toledo,* . . . . . .
On $ 3,000 bonds Highland Street Railway Company,* . .
Loan on Bank Stock :

.
.

$3,000 00
3 000 00

On 75 shares Lechmere National Bank, . . . . . . . .
Invested in real estate (for banking purposes), . .
Estimated value of the same, .
. . .
Amount of real estate held by foreclosure, . .

$9,379 21

Assessed value of the same, .

41,800 00

.

.

.

Amount of income received from the same, .

.

Amount of municipal tax on real estate, . .
Cash on Deposit in Banks, amount in each :
Lechmere National Bank, . . . .
International Trust Company,

.

.

.

.

.

$ 4,363 44
6,000 00

.

.

. .

.

.

31,358 75
1,679 04
285 44

.

.

.

.

.

$6 ,871 07

.

.

.

.

.

47 51

...::

.

.
.

.

.

.

.

.
. . $52,686 17
Rate and amount of each semi-annual dividend for previous / 2 per cent., 16,826 76

Whole amountof interest or profits received or earned,

year, . . . . . . . . . .
21 per cent.,
The total amount of loans, with each specified rate of interest : $ 35 ,000,
34 per cent.; $ 20,000 , 4 per cent.; $ 50,000, 49 per cent. ; $ 155 ,450 , 5 per
cent. ; $ 25 ,700, 5 per cent.; $ 162,590.21, 6 per cent.; $ 21,900 , 6 . per
cent.; $ 52,500, 7 per cent.; $600 , 8 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000

22,053 20

Times for the dividends fixed by the by -laws: April 15 and October 15.

each, . . . . . . . . . . . . . 299
Aggregate amount of the same, . . . . . . . . . 340,192 67
Amount of investments from which no income is received : 60 shares Cam
bridge Land Co., par value $ 100 per share, charged to profit and loss.
* This bank was notified that these loans were illegal, and they have since been paid.

1883.]

PUBLIC DOCUMENT — No. 8 .

Number of open accounts, . . . . . . . . 4,078
Number and amountof deposits received for previous year, . 6,352 $ 250,739 68
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 145
8 1,539 24
Number and amount of withdrawals, . . . . . . 3,324 227,386 40
Number of accounts opened the previous year, . . . . . 961
Number of accounts closed the previous year, . . . . . 692
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . .

.

.

1,970 07
20 ,000 00

Date of examination by commissioner : April 29.

Public FUNDS.
Estimated

Par Value.

Market Value.

|Amount Invested .

$ 19,000
2,000

$ 19,000 00
2,000 00

$ 19,000 00
2,000 00

$ 21,000 $21,000 00

$ 21,000 00

City bonds :

City of Cambridge, .

.

of Boston ,

.

.

BANK STOCK
Atlas Nat'l Bank, Boston,
Boston Nat'l Bank, Boston, .
Bunker Hill Nat'l Bank, Boston,
Commerce Nat'l Bank, Boston ,
Commonwealth Nat'l Bank , Boston,
Blackstone Nat'l Bank , Boston ,

Continental Nat'l Bank, Boston ,
Eliot Nat'l Bank , Boston ,.
.
Exchange Nat'l Bank , Boston ,
Faneuil Hall Nat'l Bank , Boston ,
First Ward Nat'l Bank , Boston ,

Globe Nat'l Bank, Boston ,

Hide and Leather Nat'l B 'k , Boston ,
Howard Nat'l Bank , Boston , .
Massachusetts Nat'l Bank , Boston, .
Merchants' Nat'l Bank , Boston,
Metropolitan Nat'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'l Bank, Boston,
Revere Nat'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 'I B ’k , Cambridge,
Charles River Nat'l B ’k , Cambridge,

Lechmere Nat'l Bank, Cambridge, .
Newton Nat'l Bank, Newton, .

$ 700
6 ,300
4 ,100
6 ,700
4 ,000
3 ,000
1,200
1,600
2,000
5 ,000
2,100
11,500
6 ,000
500
5 ,000
1 ,600
2 ,000
1 ,900

5 ,400

$ 847
5 ,832
7 ,434
7 ,421

00
00
00
00

7 ,973
4 ,440
3 ,510
1,428

00
00
00
00

2 ,048 00
2 ,600 00
5 ,700 00

2 , 247 00
12,765 00

7,320 00
524
7 ,000
1,936
2,680
2 ,451

00
00
00
00
00

500

550 00

1,000
5 ,800
3 ,800

1,300 00
7 ,192 00
4 ,932 00

11,000
7 ,600
500
6 ,700
2 ,600
2 ,400
7 ,600
1 ,300

11.000 00

8 664 00
705 00

7 ,236
4 ,100
4 ,000
11,100

00
00
00
00

1,560 00

$700 00

5 ,400 00
6 ,300 00
4 ,100 00
6 ,700 00
4 ,000 00

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

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

1,000 00
5 .800 00

3 ,800 00
11,000 00
7 ,600 00
500 00
6 ,700 00
2 ,600 00
2 ,400 00
7 ,600 00
1 ,300 00

92

BANK COMMISSIONERS' REPORT.

[ Jan.

BANK STOCK — Concluded.
Estimated

Concord Nat'l Bank , Concord, .

.

Fall River Nat'l Bank, Fall River, .
First Nat'l Bank , Malden ,
First Nat'l Bank ,Marlborough ,
Merchants' Nat'l B 'k , Newbury port,

Par Valne.

Market Value.

AmountInvested.

$ 3 ,300
1 ,100
2 ,500
3,000
600

$ 1,290 00

$ 3,300 00

1,100
2,500
2,000
600

00
00
00
00

1,100 00
2,500 00
2 ,000 00

$ 131,900 $ 159,315 00

$129,900 00

600 00

RAILROAD Bonds.
Eastern Railroad ,

Boston and Albany Railroad, .

$ 8,500
15 ,000

$ 9 ,265 00

$ 1,000 00

18 ,600 00

15 ,000 00

$ 23,500

$ 27 ,865 00

$ 19,000 00

93

PUBLIC DOCUMENT — No. 8.

1883.]

EASTHAMPTON SAVINGS BANK - EASTHAMPTON .
Incorporated February 10, 1869. Number of corporators, 30.
SAMUEL T. SEELYE, Treasurer.
JOHN MAYHER , President.
STATEMENT

LIABILITIES.
Deposits , .

.

ASSETS.

25
$ 70,514
300 00

$314 ,120 37 1 Bank stock ,

1,092 59
7,000 00

Earnings undivided , 1
Guaranty fund ,

Loans on bank stock
Loans on real estate,

166,545 00
81, 185 00
303 75

Loans on personal security ,
Expense account,

Cash in bank , .

.

3,364 96

.

$ 322,212 96

$ 322,212 96
Loans on Bank Stock :

On 3 shares First National Bank of Easthampton ,

.

.

.

.

.

$ 300 00

Cash on Deposit in Bank :

First National Bank of Easthampton, . . . . . . . . $ 3,364 96
. $ 18,813 79
Whole amount of interest or profits received or earned, .
Rate and amountof each semi-annual dividend for previous ? 2 per cent., l 5,593 50
year, . . . . .
. . . . . 2 per cent., ? 5,725 13
Times for the dividends fixed by the by -laws: January 23 and July 23.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 64.
The total amount of loans,with each specified rate of interest: $ 29,000,
5 per cent.; $ 9,000, 54 per cent.; $ 181,440 , 6 per cent.; $ 28,590, 6 ) per
cent.

Number ofoutstanding loans which areofan amount not exceeding $ 3,000
each , .
.
.
.
.
.
.
.
.
.
.
.
. 170
Aggregate amount of the same, . . . . . . . . . 133,130 00
Number of open accounts, . . . . . . .
Number and amount of deposits received for previous year,

.

1, 194

.

1,306 . 80,708 56

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . .
. . 56
Number and amount of withdrawals, . . . . . . . 734
Number of accounts opened the previous year, . . . . . 255
Number of accounts closed the previous year, . . . . . 198
Amount of expenses of the corporation during previous year, . . . .
Amount of treasurer's bond , . . . . . . . . . . .
Date of examination by commissioner : August 15.

29,856 42

69,834 40
1,085 90

10,000 00

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK .
Par Value.

First Nat'l Bank , Easthampton ,

First Nat'l Bank, Northampton ,
First Nat'l Bank, Lynn, . .
Holyoke Nat'l Bank , Holyoke, .

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

Commerce Nat'l Bank , Boston ,

Hampshire Co N 'l B ’k ,Northampt'n ,

Estimated
Market Value. Amount Invested.

$ 30 ,000
10 ,200

$ 37,500. 00
13 ,260 00

10,700

4,400
2, 200
2,000

12,840 00

2 ,000
700
1,000

910 00
1,200 00

5 ,280
2,610
3,000
2,900

00
00
00
00

$63,200 $79,530 00

$ 31,812
12,800
5 ,256
11,250
2,200
3 ,018
2 ,417
700
1,000

00
00
00
00
00
75
50
00
00

$70,514 25

95

PUBLIC DOCUMENT — No. 8 .

1883.]

EAST WEYMOUTH SAVINGS BANK - EAST WEYMOUTH .
Incorporated 1872. Number of corporators, 30.

John P. LOVELL, President.

Joseph A . Cushing, Treasurer.
STATEMENT.
NA

LIABILITIES.

Deposits , .
Guaranty fund,
Borrowed,
.

ASSETS.

8233,105 10 1
.

4,252 46
10 ,000 00

Public funds,

$ 34,000 00
9,500 00
6 ,000 00
1,019 40
162,157 91
24,181 00
9 ,389 64
592 13

Bank stock , .
Realestate by foreclosure,
Loans on real estate,
Loans on personal security ,
Railroad bonds

Deposit in bank on interest,
Expense account,
Cash on hand, . .

217 48
$ 247,357 56

$ 247,357 56

Amount of real estate held by foreclosure, . . . . . . . $ 1,019 40
same, . . . . . . . . . . 1,025 00
Assessed value of the
Amount of income received from the same, . . . . . . .
74 02
Amount of municipal tax on real estate, . . .
. . .
14 97
Cash on Deposit in Bank :

Manufacturers'National Bank , Boston , . . . . . . . . $ 9,389 64
Whole amount of interest or profits received or earned ,

.

.

.

. $ 10,518 62

Rate and amount ofeach semi-annual dividend for previous / 2 per cent., 5,232 16
year, . . . . . . . . . . . ) 2 per cent., l 4,321 97
Times for the dividends 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 : 5,2046.
The total amount of loans, with each specified rate of interest : $ 5,000 ,
4 per cent.; $6 ,400, 5 per cent.; $ 96 ,487, 6 per cent.; $ 22,225 , 6£ per
cent. ; $ 53,551.91, 7 per cent.; $ 300, 7 per cent.; $ 2,675 , 8 per cent.

Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each, . . . . . . . . . . . . . 133
Aggregate amount of the same, . . . . . . . . . 125,857 91
Amount of investments from which no income is received, . . . . 2,000 00
Number of open accounts, . . . . . . . . . 960
Number and amount of deposits received for previous year, . . 974 68,192 03
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 39 20,396 33
.

.

.

.

. 434

Number of accounts opened the previous year, .

Number and amount of withdrawals, .

.

.

.

.

. 215

46 ,451 36

Number of accounts closed the previous year, . . .
108 .
861 33
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond , . . . . . . . . . . 20,000 00
Date of examination by commissioner : Oct. 28.

96

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.

State and city bonds :
State of Maine,
City of Boston,
of Brockton , . .
of Charlestown,
of Portland , Me.,
of Chelsea , .

of Salem , .

Par Value.

Estimated
Market Value.

AmountInvested .

$ 1,000

$ 1,400 00

$ 4,000 00

8 ,000
10 ,000
7 ,000

8 ,800
10 ,300
8 , 120
3,300
1,000

3,000
1,000
1,000

.

$34,000

00
00
00
00
00

8 ,000 00
10,000 00

7 ,000 00
3 ,000 00

1,000 00

1,000 00
1,000 00

$ 36,920 00

$31,000 00

$ 5 ,800 00
1,500 00

$ 4,500 00
2,000 00
1,000 00

BANK STOCK .
Union Nat'l Bank , Weymouth ,
Central Nat'l Bank, Boston, . .
Merchandise Nat'l Bank, Boston , .
Manufacturers' Nat'l Bank, Boston,.

$ 4,500
2,000
1 ,000
2,000

1,000 00
2, 100 00

$9,500 $10,400 00

2,000 00
$9,500 00

RAILROAD Bonds.
Old Colony Railroad,

.

$ 2,000

$ 2,600 00

4 ,000

4,200 00

$6 ,000

$6,800 00

Boston , Clinton ,Fitchburg , and New

Bedford Railroad,*

* This bank has been notified that this investment is illegal.

$ 2,000 00
4,000 00
$6,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

97

ELIOT FIVE CENTS SAVINGS BANK — BOSTON .
Incorporated Feb . 4, 1864. Number of corporators, 70.

Geo. C . LEACH , Treasurer.

WM. C . APPLETON, President.

STATEMENT.
LIABILITIES.

Deposits , :
Guaranty fund,
Suspense account,
Tax accoun
.

ASSETS .

$ 1,415 ,268 15 | Public funds, .

Earnings undivided ,

$ 135 ,600 00
53, 100 00
7,400 00

.

16 , 905 99 | Bank stock ,
21, 138 23 Loans on bank

stock , .
48 78 | Railroad bonds,
3,500 00 Real estate by foreclosure,
Loans on real estate,. .
Loans on personal security,
Deposit
in bank on interest,
Expense account, .

t,

84 ,000 00

30,876 92

477,280 00

321,300 00
40,000 00
459 31
102 21

Tax titles to real estate , .

6 ,742 71

Cash on hand and in bank ,

$ 1,456,861 15

$ 1,456 ,861 15
Loans on Bank Stock, amount on each :
On 10 shares National Exchange Bank, Boston , .
Amount of realestate held by foreclosure, . .

.
.

.
.

Assessed value of the same, .

On 67 shares People's National Bank, Roxbury , .

.

.

$6,400 00

· ·

1,000 00

.

.
.

.

29,400 00

.

.

.

2,153 71

Amountof municipal tax on real estate, . . . . . . .

443 94

.

.

.

.

.

.

.

.

· ·

.

.

Amount of incomereceived from the same, .

Cash on Deposit in Bank :

People's National Bank , Roxbury, . . . . . . . . . $ 14,671 39
$ 70,272 56
Whole amount of interestor profits received or earned , . . .
Rate and amount of each semi-annual dividend for previous / 2 per cent., 24,250 44
12 per cent., 25,500 83
year, . . . . . . . . . .
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 : 8.

The total amount of loans, with each specified rate of interest : $175,000,
4 per cent.; $ 25,000 , 45 per cent.; $ 35,000 , 4. per cent.; $ 293,300, 5 per
cent. ; $ 13,300, 50 per cent.; $ 193,650, 6 per cent.; $ 12,850, 60 per cent.;
$ 71,500, 7 per cent.; $ 10,000, 75 per cent.; $ 7,500 , 7 ), per cent.; $ 8,880 ,
8 per cent.

Number of outstanding loans which are ofan amount not exceeding $3,000
each, . . . . . . . . . . . . . 79
128,780 00
Aggregate amountof the same, . .
Number of open accounts,

.

.

.

5,640

Number and amount of deposits received for previous year, . 7,779 438,406 39
Number and amount of deposits of and exceeding $ 300 at any one time
.

.

.

.

.

.

. 301

Number and amount of withdrawals, .

for the previous year, .

.

.

.

.

.

.

.

3,743 283,496 60

Number of accounts opened the previous year, . . . .
Number of accounts closed the previous year, . . . .
Amount of expenses of the corporation during previous year, .

1,043
. 717
. .

Amount of treasurer's bond ,

,

.

.

.

.

Date of examination by commissioner : March 21.

.

.

.

,

171,001 00

6,216 00
5,000 00

98

BANK COMMISSIONERS' REPORT.

[Jan .

PUBLIC FUNDS.
Estimated
Par Value,

United States bonds,

.

Market Value.

AmountInvested .

. $ 125 ,000 $ 141,406 00 $ 125,000 00

.

State, city, and town bonds:
State of Maine,

of Chelsea ,

.

of Boston ,
of Manchester, N . H .,

R . I.,
of Providence,
Woburn

Town of

, .

.

. .

. . .

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

of Lawrence , ..
of Cambridge , .
of Fall River, ..
of Portland, Me.,

.

. .

of Somerville, .
of Lowell,

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

1 ,150
3,250
4 ,880
18,000
11,200
5 ,600

10 ,000
13,000
15 ,000
10 ,000

10 ,800
18 ,000
12,000
12,000
5 ,750

2,600

. . . . . . .

of Dover, N , H .,
of Springfield , .
of Taunton , .

. . . . . . . . . . .

of New Hampshire,
City of Bangor, Me., .
of Lynn , . .
of Portsmouth , N . H .,

10 ,000
5 ,000
15 ,000

100,000
10 ,000
25 ,000
20 ,000

00
00
00
00
00
00

26 ,600 00
24,000 00
00
00
00
00
00

15 ,600 00

15 ,750 00
105,000 00
11,700 00

29,437 00
21,200 00

1,000 00
2 ,600 00
4 ,000 00

15 ,000
10 ,000
5 ,000
20 ,000
20,000

00
00
00
00
00

10 ,000
13,000
15,000
10 ,000
10 ,000
5 ,000
15,000
100,000

00
00
00
00
00
00
00
00

10,000 00
25 ,000 00
20 ,000 00

$435,600 $493,323 00 $135 ,600 00

BANK STOCK .
People's Nat'l Bank, Boston , . .
Atlantic Nat'l Bank , Boston , . .
Atlas Nat'l Bank , Boston ,.
.
Columbian Nat'l Bank , Boston ,

$ 13,000
1,000
7 ,000
2,000

Continental Nat'l Bank , Boston ,
Eagle Nat'l Bank, Boston ,

5 ,000
1,000

Eliot Nat'l Bank, Boston,. .
Howard Nat'l Bank , Boston, .

1.000

1,500
8 ,400
2 ,600
5 ,750
1, 130
1,200

1,300

1,599 00

3 ,000
3,000
6 ,100
1,000
1 ,000
1,400
4 ,300

3,150 00
7 ,625
1,100
1,620
1,720
4 ,730

2,000

2,740 00

1 ,400 00
4 ,300 00
2,000 00

$53, 100 $69,894 00

$53,100 00

Market Nat'l Bank , Boston ,

.

.

Merchants' Nat'l Bank, Boston ,
Mount Vernon Nat'l Bank, Boston , .
North America Nat'l Bank, Boston ,
Naumkeag Nat'l Bank, Salem ,
State Nat'l Bank, Boston,
Shawmut Nat'l Bank, Boston , . .
Redemption Nat'l Bank, Boston ,

$ 20 ,800 00
00
00
00
00
00
00

4 ,230 00

00
00
00
00
00

$ 13,000 00

1,000 00
7 ,000 00
2 ,000 00
5 ,000 00

1 ,000 00
1 ,000 00

1,300
3,000
3,000
6 ,100
1,000
1,000

00
00
00
00
00
00

1883. ]

PUBLIC DOCUMENT — No. 8 .
RAILROAD BONDS.
Estimated
Par Value.

Market Value.

Amount Invested .

Boston and Lowell Railroad, . .
Boston ,Clinton, Fitchburg , and New

$ 29,000

$ 35,380 00

$29,000 00

Bedford Railroad,* .
Vermont and Massachusetts R .R ., .

25 ,000

26 , 250 00

25 ,000 00

10 ,000
20,000

12,000 00

10 ,000 00
20 ,000 00

Newport and Richford Railroad, .

21,000 00

$84,000
* This bank has been notified that this investment is illegal.

$84,000 00

BANK COMMISSIONERS' REPORT.

100

[ Jan .

EMIGRANT SAVINGS BANK * – BOSTON .
Incorporated 1870. Number of corporators, 26 .
Thomas RUSSELL, President.
Joun W . McDonald, Treasurer.
STATEMENT .
LIABILITIES.

Deposits, .
Earnings undivided,
Guaranty fund,

ASSETS.

.

119,355 02
51,275 00
2,500 00
122,194 63

9,019 67 Loans on real estate , . .
Loans on personal security,
109,197 80 Deposit in bank on interest,

Profit
and loss ac
count,
.

$ 290,322 95

$ 174,086 25 | Real estate,
8,739 22 Real estate by foreclosure

.

2,214 33
143 56
11,691 91

Expense account,
Suspense account,
Fixtures and saf
Cash on hand.

1 .345 54

$ 601,042 94

$ 601,042 94

Invested in realestate (for banking purposes), . . . .

. · $ 290,322 95

.

.

.

.

.

.

. 240,000 00

Amountof real estate held by foreclosure, .

.

.

.

.

.

. 119,355 02

Assessed value of the same, .

.

.

76 ,6.50 00

.

.

3,718 35

. . .

3,199 69

Estimated value of the same, .

.
.

.
.

.

.

.

.

Amount of income received from the same, .

.

.

.

Amount of municipal tax on realestate,

. . .

.

.

Cash on Deposit in Bank :
Maverick National Bank, Boston, . . . . . . . . . $122,194 63
Whole amount of interest or profits received or earned, . . . . $ 24,633 07
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: 836,775,
6 per cent.; $ 8,800, 64 per cent.; $ 2,200, 7 per cent.; $ 1 ,500 , 75 per cent. ;
$ 4,500 , 8 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each , .
.
.
. . 28

Aggregate amount of the same,: .. .
Amount of investments from which no incomeis received , .

Number of open accounts,

.

.

.

.

30,775 00

.

.

Number and amount of withdrawals, . . . . .
Number of accounts closed the previous year,t .
Amount of expenses of the corporation during previous year,
Amountof treasurer's bond, . . .. . ..
Date of examination by commissioner : March 7. . .

.
.
.
.

26,713 60
12,107 398,289 22
. 5
. . 5,989 03
. . 20,000 00
.

.

* This bank was temporarily enjoined by decree of Supreme Judicial Court, April 16, 1878

and is now being wound up by its ollicers by permission of the court.
t In part payment of mortgages given by the depositors to the bank.

PUBLIC DOCUMENT — No. 8.

1883. ]

101

ESSEX SAVINGS BANK - LAWRENCE.
Incorporated March 12, 1847. Number of corporators, 47.

JAMES H . EATON , Treasurer.

JOSEPH SHATTUCK , President.
STATEMENT.
LIABILITIES,

ASSETS.

$3,985,
627 72 Public funds, .
Deposits,
.
84,162 98 Bank stock ,
Eamnings undivided,
Guaranty fund,

.

.

8520 ,000 00
295 ,225 00
40,310 00

60,000 00 Loans
on bank stock , .
Railroad bonds,
Real estate by foreclosure,
Loans on real estate, . .

308,500
133,700
876 ,690
27,500
3, 193
16 ,088

.

Loans on personal security , .
Loans to counties, cities, or
towns,

. . . .
banks
on interest,
in
Deposit
Cash hand

on

,

.

·

·

$4,129,790 70

$ 4,129,790 70

Loans on Bank Stock , amount on each :
.
On 128 shares Bay State National Bank ,
On 23 shares Pemberton National Bank,

On 65 shares Pacific National Bank,
On 24 shares Old Lowell NationalBank,
On 200 shares Wamesit National Bank ,.

,
.

,
.

On 8 shares Hide and Leather National Bauk, .

. . . . . . .

On 10 shares Lawrence National Bank, .

$ 825 00
9,575 00
2 ,300 00
4,950 00

2,000 00

.

.

.

Amount of incomereceived from the same, .

.

.

.

Amount of municipal tax on real estate,

. .

. . . .

Amount of real estate held by foreclosure, .
Assessed value of the same, .

00
00
27
00
94
49

1,908,583 00

.

.

.

.

.

20 ,000 00
660 00
$ 133,700 00
. 173,475 00
10,503 10
1,986 16
.

Cash on Deposit in Banks, amount in each :

Hide and Leather National Bank, Boston , . . . . . . . $ 3,193 94
Bay State National Bank , Lawrence, . . . . . . . . 10,307 16
Whole amount of interest or profits received or earned, . . .
$ 220,615 84
Rate and amountof each semi-annual dividend for previous / 2 per cent., S 71,259 56
year, . . . . . . . .
. . 2 per cent.,? 73,577 59

Times for the dividends fixed by the by-laws: third Wednesday in April
and October
The totalamount of loans, with each specified rate of interest : $ 1,000 , 4 per
cent.; $50,000 , 45 per cent.; $ 1,159,190.27 , 5 per cent.; $ 169,800, 5 ) per

cent.; $ 1,422,293, 6 per cent,; $ 23,300, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each ,

.

.

.

.

Aggregate amount of the same,

.

.

.

.

.

.

.

.

.

.

.

. 433

.

.

Number of open accounts, . . . . . . . .
Number and amount of deposits received for previous year, .

. 502,985 00

12,324
15,365 914,569 25

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 664 383,433 04

Number and amount of withdrawals, .

.

.

.

.

.

8,279 838,381 50

102

[ Jan .

BANK COMMISSIONERS' REPORT.

Number of accounts opened the previous year, . . . .
Number of accounts closed the previous year, . . . .
Amount of expenses of the corporation during previous year, .

Amountof treasurer's bond, . . . . .
Date of examination by commissioner : May 26.

.

.

.

2,996
2,272

$ 7,661 14

.

.

.

.

25 ,000 00

PUBLIC FUNDS.
Estimated

Par Value.

United States 6s, currency ,
" 4s, · ·
16
" 48,

$ 80 ,000 $ 103,000 00
200,000 226 ,000 00
100,000 119,000 00

.
·

City bonds:
City of Boston,
. . . . .

of Somerville,
of Fall River, .
of Lynn, . .
of Rockland, Me.,
of Newton ,

Market Value. AmountInvested.

.

10,000
25,000
25 ,000
50,000
14 ,000
16 ,000

$80,000 .00
200,000 00
100,000 00

10,300 00

10,000 00

26 ,000 00
28,750 00
60,000 00
14 ,000 00

25 ,000
25 ,000
50,000
14 ,000

18 ,500 00

16 ,000 00

00
00
00
00

$520,000 $605,550 00 $520,000 00
BANK STOCK .
Atlas Nat'l Bank , Boston ,
.
Atlantic Nat'l Bank , Boston , .
Bay State Nat'l Bank, Lawrence ,

$ 13 ,000

$ 15 ,600 00

4,000
24,975

6 ,000 00

Boston Nat'l Bank , Boston ,

3,000

Commonwealth Nat'l Bank , Boston ,

4 .000

7,500

Commerce Nat'l Bank, Boston,
Continental Nat'l Bank, Boston,
.
City Nat'l Bank, Boston,
Eliot Nat'l Bank, Boston, . .
Everett Nat'l Bank, Boston, .
Howard Nat'l Bank , Boston ,
Hide and Leather Nat'l B 'k , Boston,
Massachusetts Nat'l Bank, Boston, .
Maverick Nat'l Bank, Boston, .

Merchants' Nat'l Bank , Boston ,

. . . . . . . ..

North America Nat'l Bank, Boston ,.
North Nat'l Bank , Boston ,
Revėre Nat'l Bank, Boston, .
Republic Nat'l Bank , Boston, ..
Shawmut Nat'l Bank, Boston, .
Suffolk Nat'l Bank , Boston , .
.
State Nat'l Bank , Boston , .
Tremont Nat'l Bank, Boston, . .
Traders' Nat'l Bank, Boston, .
Union Nat'l Bank , Boston, .
Webster Nat'l Bank , Boston , .
Mount Vernon Nat'l Bank , Boston,
Lawrence Nat'l Bank, Lawrence, .

2,000
13,000
8 ,000
10 ,000
23,200
10,000
3,750
5 ,100

20 ,000
15 ,000
10 ,000
22,500
25 ,000
2,700
9,000

9,900
10,000
7 ,000
1,000

33,000
3,500
4 ,400
8,900
2,300
15,300

00
00
00
00
00
00

9,500 00
11,300 00
28,500 00
11,000 00

4,200 00
11,400 00
28,000 00
16 ,500 00
12,800 00

25,500 00
31,000 00

2,900
10 ,500
12,100
11,400
6 ,400

00
00
00
00
00

$ 13,000 00
4 ,000 00
24,975 00

3,000 00
4 .000 00

7,500 00
2,000 00
13,000 00

8,000
23,200
10 ,000
3,750
5 ,100
20 ,000
15 ,000

00
00
00
00
00
00
00

10,000
22,500
25 ,000
2,700

00
00
00
00

9,000
9,900
10 ,000
7 ,000

00
00
00
00

10 ,000 00

25 ,000
4 ,600

27 ,000 00
6 ,400 00

1,000 00
25 ,000 00
4 ,600 00

2,000

2,200 00

2,000 00

1,400 00

$ 295,225 $359,000 00 $295,225 00

1883. ]

PUBLIC DOCUMENT — No. 8.

103

RAILROAD BONDS.
Par Value.

Boston and Maine Railroad,

Boston and Lowell Railroad, ..
Eastern Railroad, .
Fitchburg Railroad , .

.

.

Estimated
Market Value. Amount Invested .

$ 200,000 $ 246 ,000 00
50 ,000
60,500 00
53 ,500 58,000 00

5,000

5 ,500 00

$200 ,000 00
50 ,000 00

53,500 00
5 ,000 00

$ 308,500 $ 370,000 00 $308,500 00

BANK COMMISSIONERS' REPORT.

104

[Jan .

FAIRHAVEN INSTITUTION FOR SAVINGS — FAIRHAVEN .

Incorporated 1832. Number of corporators,52.
GEORGE H . TABER , President. STATEMENT.
CHARLES Drew , Treasurer.
LIABILITIES.

ASSETS.

Deposits,
..
Earnings undivided ,

$ 481,666
52 | Public funds, .
14 , 190 15 Bank stock , .

Guaranty fund,

.

$ 36 ,500 00
165,940 00
400 00
4,809 36
111,289 06
77,579 00
84,485 00
3,516 94
23 42
9,956 21
10 ,336 15

9,008 47 Loans on bank stock, .
Real estate,
Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security ,
Deposit
in bank on interest,.
Expense account, .
Oak Bluff bonds,

Cash on band and in bank,
$ 504,865 14

$ 504,865 14

Loans on Bank Stock , amounton each :

Invested in realestate (for banking purposes), . .
Estimated value of the same, .

.

. . . . . . . .

$ 200 00
.

· ·

On 5 shares of National Bank of Fairhaven , .
On 3 shares National Bank of Commerce, Boston ,

200 00

. . .

. $ 4,809 36

.

.

.

.

.

.

.

Amount of real estate held by foreclosure, .

.

.

.

.

.

. 111,289 06

Assessed value of the same, . . . .
Amount of income received from the same, .

.
.

.
.

.
.

.
.

.
.

.
.

58,233 00
1,305 36

. . .

863 99

.

.

Amount of municipal tax on real estate,

. .

. .

4 ,809 36

Cash on Deposit in Bank :

NationalBank of Fairhaven , . . . . . . . . . . $ 13,546 94
Whole amount of interest or profits received or earned , . . . . $ 33,727 13
Rate and amount of each semi-annual dividend for previous ? 2 per cent.,S
year,

.

.

.

.

.

.

.

.

.

. ) 2 per cent., l

9,994 62
9,566 83

Times for the dividends fixed by the by-laws : last Monday in April and
October.

Average annual per cent. of dividends for the term ending at time of,and
including , last extra dividend : 4 .
The total amount of loans, with each specified rate of interest : $64,000,
5 per cent.; $ 86 ,465, 6 per cent. ; $ 2,300, 6 ., per cent.; $ 9,699, 7 per cent.

Number of outstanding loans which are ofan amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

. 65

39,964 00
Aggregate amount of the same, .
Amount of investments from which no income
is
received,
.
.
.
42,012 29
.
.
.
.
.
.
. 980
Number of open accounts ,
Number and amount of deposits received for previous year, ,
16248 ,067 20
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 34 20,712 44
Number and amount of withdrawals, . . . . . . . 669 92,157 61
Number of accounts opened the previous year, . . . . . 48

.
145
Number of accounts closed the previous year, .
Amountof expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . .
Date of examination by commissioner : August 7.
* Taken to secure indebtedness .

2,439 83
5,000 00

• 1883.]

PUBLIC DOCUMENT — No. 8.

105

PUBLIC FUNDS.
Par Value .

Estimated
Market Value.

$ 5,000

$5 ,000 00

6 ,500

6 ,500 00
28,750 00

Amount Invested .

City and town bonds :
City of Bath , Me., .
of Belfast, Me.,
Town of Fairhaven ,

.
.
.

25 ,000

$ 36 ,500 $ 10,250 00

$ 5 ,000 00
6 ,500 00

25 ,000 00
$ 36 ,500 00

BANK STOCK .
Fairhaven Nat'l Bank, Fairhaven , .
First Nat'l Bank, New Bedford,
Citizens' Nat'l Bank,New Bedford ,.
Commerce Nat'l Bank, New Bedford ,
Mechanics Nat'l B 'k , New Bedford ,
Commerce Nat'l Bank , Boston ,
Merchants' Natl Bank, Boston ,
Eliot Nat'l Bank, Boston , .
North Nat'l Bank, Boston, .
Traders' Nat'l Bank, Boston , .
Webster Nat'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,
Continental Nat'l Bank , Boston , i
Manufacturers' Nat'l Bank, Boston,
Wachusett Nat'l Bank , Fitchburg , .

$ 24,640
10 ,100
8,000
4 ,000
6 ,800
10 ,000
8,000
5 ,000

5 ,600
10 ,500
6 ,500
10,000
8 ,000
10 ,000
10 ,000
10 ,000
5 ,000
3 ,500
10 ,000

8:21,610 00
14,182 00

$ 24 ,610 00

9,620 00
5 , 350 00

8 ,000 00
4 ,000 00

10 ,064
11,850
11,290
5 ,950
7,217
9 ,450

00
00
00
00
00
00

7 ,085 00
11 ,850 00

10 ,080 00
12,300 00
12,200 00

10,975 00
5 ,918 75
3,618 75
18 ,200 00

10 ,400 00
6 ,800
10 ,000
8,000
5 ,000
5 ,600
10 ,500
6 ,500
10 ,000
8,000

00
00
00
( 0)
00
00
00
00
00

10 ,000
10,000
10 ,000
5 ,000
3,500

00
00
00
00
00

10 ,000 00

$ 165,910 $ 202,170 50 $165,940 00

106

BANK COMMISSIONERS' REPORT.

[Jan.

FALL RIVER FIVE CENTS SAVINGS BANK – FALL RIVER .
Incorporated April 10, 1855. Number of corporators,65.

WALTER C. DURFEE, President.

Chas. J. HOLMES, Treasurer.
STATEMENT.

LIABILITIES.

Deposits , .

.

Earnings undivided ,
Guaranty fund,

.

ASSKTS.

$ 1,090,939 27 | Public funds, ,
45 ,745 65 Bank
,
Raillestock
statbonds,
16,058 15 Railroad
e,

$ 100 ,000 00

,
.

.

200,900 00
70,000 00

estate . . .
Loans on real estate,
Loans on personal security, .

474,275 00

.

45,000 00

Loans
to counties, cities, or
towns, .

229,100 00
1,000 00

Expense account,
Border
City Manufacturing
Company,

1,458 13
25 ,300 00
5 ,409 94

oni : : :

Cash on hand and in bank.

$ 1,152,743 07

$ 1,152,713 07
Invested in real estate (for banking purposes), .
Estimated value of the same, .

.

.

Amount of municipal tax on realestate,

.

.

.
.

.

.

.

. $ 45,000 00

.

.

.

. . . . . . .

46,500 00
864 80

Cash on Deposit in Bank :

Second National Bank , Fall River,. . . . . . . . .
Whole amount of interest or profits received or earned, . .
.
Rate and amount of each semi-annual dividend for previous / 27 per cent., S
year, . . . . . . . . . .
27 per cent.,
Times for the dividends fixed by the by-laws: second Monday in June

$ 3,000 00
962,293 84
23,106 14
23,465 73

and December.

The total amount of loans, with each specified rate of interest : $ 50,000 ,
4 per cent.; $ 425,925, 5 per cent.; $ 148,100, 5 per cent.; $ 79,350, 6 per
cent.

Number ofoutstanding loans which areofan amount not exceeding $3,000
each , . . . . . .
. . . . . . 133
Aggregate amount of the same,
·
. . 162,775 00
. 4,609
Number of open accounts, . .
Number and amount of deposits received for previous year, . 11,380 231,144 77
Number and amountof deposits of and exceeding $ 300 at any one time
· 134 88,725 69
for the previous year, . . . .
Number and amount of withdrawals, . . . . .
2,273 205,930 44
Number of accounts opened the previous year, . . . . . 772
Number of accounts closed the previous year, . . . . . 668
Amount of expenses of the corporation during previous year, . . . " 3,581 49
Amountof treasurer's bond, . . . . . . . . . . 20,000 00
Date of examination by commissioner : June 16 .
* Taken to secure indebtedness.

1883.]

PUBLIC DOCUMENT — No. 8 .

107

PUBLIC FUNDS.
Estimated
Par Value.

Market Value. Amount Invested.

$ 100,000 $ 135,000 00 $ 100,000 00

United States 6s, currency, .

BANK STOCK .
Atlantic Nat'l Bank, Boston, .
Atlas Nat'l Bank, Boston,
.
Blackstone Nat'l Bank , Boston ,
Boston Nat'l Bank, Boston,
Broadway Nat'l Bank , Boston,
Eliot Nat'l Bank , Boston , . .
First Nat'l Bank, Boston , .
.
Howard Nat'l Bank , Boston, .

$ 1,300

$ 1,956 50

$ 1,300 00

3,000
12,000

2,200

00
00
00
00
00
00
00
00

3 ,000 00
12,000 00

Maverick Nat'l Bank , Boston, .

3 ,630
13,020
3,792
5 ,500
1,785
10 , 125
16 ,226
4 ,950

Monument Nat'l Bank , Boston,

8 ,500
10 ,000
700

3,200
5,500
1,500
5 ,000
13,30

City Nat'l Bank , Boston , .

Commerce Nat'l Bank, Boston,
Exchange Nat'l Bank , Boston ,

4,000

Hide and Leather N 'I Bank, Boston ,

7,500
8,400
7,500

North America Nat'l 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 , .

Union Nat'l Bank, Fall River, .
Matacomet Nat'l Bank , Fall River, .
Second Nat'l Bank , Fall River,

17,425 00
11,900
833
5 ,200
8 ,250
9,303

3 ,000

30,000
10 ,000
2,000
5 ,000
9,400
41,200

5 ,000 00
13,300
2,200
8 ,500
10 ,000
700
4 ,000

00
00
00
00
00
00

7,500 00
8 ,400 00

8,550 00

7 ,500 00

25
00
00
00
00
00

6 ,700 00
3 ,000 00

7,353
3,255
37,500
12,000
2,240
5 ,550

6 ,700

00
00
00
00
00

3,200 00
5 ,500 00
1,500 00

12 ,220 00

51,500 00

$200,900 $254,063 75

30 ,000 00
10,000 00
2,000
5 ,000
9,400
41,200

00
00
00
00

$200,900 00

RAILROAD BONDS. .

Rutland Railroad equipment, .

. $ 100,000

| $75,000 00 $70,000 00

BANK COMMISSIONERS' REPORT.

108

[ Jan .

FALL RIVER SAVINGS BANK – FALL RIVER.
Incorporated 1828. Number of corporators, 126 .

WILLIAM LINDSEY, President.

C . A . BASSETT, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, undivided
.
Earnings
,
Guaranty fund,

ASSETS.

$ 4,342,369 54
49,616 17

8650,000 00
Public funds, . .
718 ,030 00
Bank stock ., .
45,000 00
Real estate by foreclosure, .
31, 150 00
1,466 ,746 00
Loans on real estate, . .
Loans on personal security, . ! 1,172, 232 00
18, 100 00
Deposit in banks on interest, .
726 68
Expense account,
Tax account,
904 28
Stocks,*
60,650 00
.
.
4,656
75
.
.
hand,
on
Cash
Real estate,

79,500 00

.

$ 4,471,515 71

$ 1,471,515 71

Assessed value of the same, . . . .
Amount of income received from the same, .

.
.

.
.

.
.

Amount of municipal tax on real estate, .

.

.

.

.
.

.
.

.
.

.

$ 15,000 00
· ·
· · ·

.

Invested in realestate (for banking purposes), .
. . . . . .
Amount of realestate held by foreclosure, . . . .

Estimated value of the same, .

45,400 00

.

.
.

.
.

.

.

.

.

31,150 00
35,500 00
2,200 48
1,520 92

Metacomet National Bank, Fall River, .
Maverick National Bank, Boston , . .
Revere National Bank , Boston ,

.
.

.

.

.

National Bank of Redemption , Boston, .

.

.

.

· ·

Cash on Deposit in Banks,amount in each :
$ 200 00
5,000 00
8,200 00

5 ,000 00

.
.

.
.

.
.

..
.

Whole amount of interest or profits received or earned ,

.
. . $233,521 97
Rate and amount of cacb semi-annual dividend for previous 1 2) per cent., 91,946 05
year,

.

.

.

.

.

.

.

.

. ) 21 per cent., l 91,976 22

Times for the dividends fixed by the by-laws : first Monday in April and
October.
Average annual per cent. of dividends for the term ending at timeof, and
including, last extra dividend : 6 .

The total amount of loans, with each specified rate of interest: $ 1,879,
087, 5 per cent.; $ 48,000,5 per cent.; $ 775,900,58 per cent.; $ 235,261,
6 per cent.; $750, 7 per cent.
Number ofoutstanding loans which are ofan amountnot exceeding $ 3,0001
31

.

.

.

Aggregate amount of the same,

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

9,664

Number and amount of deposits received for previous year,

:

5,435 558,690 27
· 459 299,605 91
6,659 749,642 65

each ,

.

.

.

.

Number of open accounts ,

.

.

414,020 00

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . .
Number of accounts opened the previous year, ,

Number and amount of withdrawals, . .

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 30.
* Taken to secure indebtedness.

1,440

1,334

11,289 98
.

.

25,000 00

1883.]

109

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Estimated
Par Value.

$ 100,000 $ 152,000 00

United States 4}s,registered
registered,
4s,

Market Value. AmountInvested .

, .

250,000

298,750 00

$ 100,000 00
250,000 00

$650,000 $750,750 00 $650,000 00
BANK STOCK
Fall River Nat'l Bank , Fall River, .
Matacomet Nat'l Bank , Fall River, .
Massasoit Nat'l Bank , Fall River, .

Second Nat'l Bank, Fall River,
Union Nat'l Bank, Fall River, .
First Nat'l Bank , New Bedford ,
Merchants' Nat'l B 'k , New Bedford ,
Commerce Nat'l B 'k , New Bedford ,
First Nat'l Bank , Boston , .
Second Nat'l Bank , Boston ,
Eliot Nat'l Bank , Boston , .

.
.
.

Faneuil Hall Nat'l Bank, Boston,
Howard Nat'l Bank , Boston, .
Merchants' Nat'l Bank, Boston,
Washington Nat'l Bank, Boston ,
Hide and Leather Nat'l B ’k , Boston,
North America Nat'l Bank, Boston ,
Revere Nat'l Bank , Boston , .
Commerce Nat'l Bank, Boston ,

$66 ,300
93,500
42, 200
15 ,000
18,000

50,000

22,000
42,000

33 ,000

23,200
15 ,000
40 ,000
30,000
16 ,000
20,000
25 ,000
40 ,000
30,000
20 ,000

888,179 00

121,550 00
73,850
18,750
19 ,980
65 ,000

00
00
00
00

$ 72,930
93,500
63,300
15 ,000
18 ,000
55,000

00
00
00
00
00
00

28 ,600 00
46 ,200 00

35 ,200 00
66 ,660 00

56 , 100 00

35 ,264 00
17,850 00

29 ,000 00
15 ,000 00

52,000
36 ,600
22,400
27 .000
27 ,750
44,000
31,200
23,800

40,000 00

54,600 00

00
00
00
00
00
00
00
00

30,000 00
18 ,400 00

22,000
25 ,000
40,000
30 ,000
20 ,000

00
00
00
00
00

$641,200 $364,633 00 $718,030 00

110 .

BANK COMMISSIONERS' REPORT.

[ Jan.

FITCHBURG SAVINGS BANK - FITCHBURG .

Incorporated February 12, 1846. Number of corporators, 59.
CHARLES J. BILLINGS, Treasurer.
THORNTON K . WARE, President.
STATEMENT.
LIABILITIES

Deposits , . .

Assets.

$ 2,020,228
35.348 .87 ll| Pub
Public funds,

Earnings undivided ,
43,500 00

Guaranty fund,

\ Bank stock ,
Loans on bank stock,
Railroad bonds,

$ 151,645 50
218,546 00
15,000 00

,

40.500 00

Real estate ,

150,000 00

Real estate by foreclosure, .
Loans on real estate, . .
Loans on personal security,

752,550 00
537 ,196 95

81, 510 00

Loans
to counties, cities, or
towns, .

5,000 00

Deposit
in banks on interest, .
Expense

146 ,288 24

account,

.

.

.

Cash on hand, .

.

.

.

453 77
856 89

$2,099,577 35

$ 2,099,577 35
Loans on Bank Stock , amount on each :
. . . .
On 113 shares Safety Fund National Bank, . . . .
Invested in real estate (for banking purposes),
.
Estimated value of the same, . . .
Amount of realestate held by foreclosure, .
On 50 shares Fitchburg National Bank , .

.

. 10,000 00
. $ 150,000 00

.

.

. . . . . .

.
..

.

.
.

.. . .. .

. . :: : :

Assessed value of the same, . . . .
Amount of income received from the same, .
Amount of municipaltax on real estate,

.

.

$ 5,000 00

150 ,000 00
81,540 00
71,862 00
5 ,918 20

3,626 38

Cash on Deposit in Banks, amount in each :

.

.

.

.
.

. . .

.

.

.:: :.

FirstNational Bank, Leominster, .

$ 59,000 00
30 ,708 45

.

. . . . .

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

.... .

Fitchburg National Bank, Fitchburg, .
Maverick National Bank , Boston, . .
Shawmut National Bank, Boston , . .
Westminster National Bank , Westminster,
Safety Fund National Bank, Fitchburg,.

21,579 79
10,000 00

.

.

.

. 10,000 00
. $ 112,876 39

Whole amount of interest or profits received or earned , . .
Rate and amount of cach semi-annual dividend for previous | 2 per cent.,

15,000 00

37,247 32

year, . . . . . . . . . . . 2 per cent., ? 38,122 29
Times for the dividends fixed by the by -laws: January 1 and July 1.
The total amount of loans, with each specified rate of interest : $ 52,288 .24 ,
3 per cent.; $ 227,723, 4 per cent.; $ 55,000, 41 per cent.; $ 89,857.49,

44 per cent.; $ 15,000, 48 per cent.; $441,099.65, 5 per cent.; $ 181,831.81,
54 per cent.; $ 393,925, 6 per cent.; $ 113,898.50, 64 per cent.; $ 21,657,
7 per cent.
Number of outstanding loans which are ofan amount not exceeding $ 3,000
each, . . . . . . . . . . . . . 254
Aggregato amount of the same, . . . . . . . . . 331,741 44
Amount of investments from which no income is received, . . .
41,100 00
Number of open accounts,

.

.

.

.

.

.

.

.

5,422

1883.]

111

PUBLIC DOCUMENT — No. 8.

3,307 $721,636 44

.

Number and amountof deposits received for previous year,

Number and amountof deposits of and exceeding $300 at any one time
481,706 97

.

.

.

.

.

. 693

.

.

.

.

.

2,978 608,033 54

Number of accounts opened the previous year, .

.

.

.

for the previous year, .

.

.

Number and amountof withdrawals, .

1,417
1 ,311

Number of accounts closed the previous year, .
Amount of expenses of the corporation during previous year, .
. .
Date of cxamination by commissioner : September 5.

.

.

4,715 66

25 ,000 00

Amount of treasurer's bond, .

PUBLIC FUNDS.
Estimated
Par Value.

United States bonds, . . .

Market Value. Amount Invested.

$50,000 $59,750 00

$50 ,000 00

City bonds :
.
.

50,000

of Norwich , Conn , .
of Portland, Me., .
of Augusta, Me., .

5,000
1,000

City of Fitchburg, .
of Bangor, Me.,

25,500
17,000

57,500 00
31,110 00

46 ,625 00
31, 343 00

22,950 00

17,935 00

6 , 100 00

4 ,662 50

1,090 00

1,080 00

$148,500 $178,500 00 $151,645 50
BANK STOCK .
Fitchburg Nat'l Bank, Fitchburg , .
Rollstone Nat'l Bank, Fitchburg, .
Safety Fund Nat'l Bank , Fitchburg ,
First Nat'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 Nat'l Bank, Boston, .
Hide and Leather Nat'l B ’k , Boston ,
North America Nat'l Bank , Boston ,
Commerce Nat'l Bank, New Bedford,

Citizens' Nat'l Bank, New Bedford,

$ 15 ,300
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

$ 24,480 00
18 ,645
19 ,550
22 ,000
675
26 ,000
11,800
3,450
28 ,125

00
00
00
00
00
00
00
00

18 .300 00

15 ,760
14 ,935
17 ,100
11,000
7,309
13, 150

50
00
00
00
50
00

12,025 00

$ 16 ,736 00
12,210
18 ,050
22,550
500
20 ,000
10 ,000
3,000
20 ,000
15 ,000
13,300
11,600

00
00
00
00
00
00
00
00
00
00
00

15,000 00
11,600 00
6 ,600 00
12,400 00
10,000 00

$208,600 $264,305 00 $218,546 00
RAILROAD BONDS.
Agricultural Branch Railroad,

Fitchburg Railroad , .

.

$ 3,000

.

$ 3,045 00
37,740 00

37,800 00

$37,000 $40,785 00

$ 10,500 00

34,000

$ 2,700 00

112

BANK COMMISSIONERS' REPORT.

[ Jan.

FLORENCE SAVINGS BANK — FLORENCE.
Incorporated 1873. Number of corporators, 10 .
A . T. LILLY, President.

Mi
ss MV .
Miss

W . BOND, Treasurer.

STATEMENT.

ASSETS .

LIABILITIES.

Deposits , . .
Earnings undivided ,

81,519 83
75 ,078 81

$ 141,006
83 ' Realestate by foreclosure,
1, 193 02 Loans on real estate, .

Guaranty fund ,

1,833 23 Loans on personal security ,*

48,860 00

Deposit
in bank on interest ,
Expense account,

17,465 63

Cash on hand, .

.

.

44 80

.

.

1,064 01

$ 144,033 08

$ 144,033 08
Amount of realestate held by foreclosure, .

.

.

. .

.

.

$ 1,519 83

Assessed value of the same, .

.

.

.

.

.

.

.

1,800 00

Amount of income received from the same, .

.

.

.

.

.

.

Amountof municipal tax on real estate,

.

.

.

.

.

.

2718 0462

Hampshire County National Bank , . . . .
Whole amount of interest or profits received or earned,

.
.

.
.

.
.

. $ 17,465 63
. $7,446 01

.

.

.

Cash on Deposit in Bank :

Rate and amountof each semi-annual dividend for previous / 2 per cent.,
year,

.

.

.

.

.

.

.

.

.

.

. . 2 per cent., ?

2,458 03
2,594 68

Times for the dividends fixed by the by-laws: second Tuesday in April
and October.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 6.5.
The total amount of loans, with each specified rate of interest : $ 30,000,
5 per cent.; $ 93,938.81, 6 per cent.

Number of outstanding loans which are of an amount notexceeding $ 3,000
each , .
.
.
.
.
.
.
.
.
.
.
.
. 106
Aggregate amount of the same, . . . . . . . . . 83,938 81
.
.
810
Number of open accounts, . .
Numberand amountof deposits received for previous year, , 1,206 53,714 04
Number and amount of deposits of and exceeding $ 300 at any one time
. .
for the previous year, . . .
. .
Number of accounts opened the previous year, .

Number and amount of withdrawals, .

.
.

.

.
.

.
.

. 32
. 521

16 ,965 71
41,203 04

174

Number of accounts closed the previous year, . . . . . 94
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . .
Date of examination by commissioner : August 14.
* This bank has been notified that these loans have exceeded the legal limit.

890 94

10,000 00

1883.]

113

PUBLIC DOCUMENT - No . 8 .
FOXBOROUGH SAVINGS BANK – FOXBOROUGH.
Incorporated April, 1855. Number of corporators, 54.

CHARLES W . HODGES, President.

Eli Phelps, Treasurer.
STATEMENT.

LIABILITIES.
Deposits , .

ASSETS.

892,646 80 | Public funds,

.

$ 3,000 00

7,534 93 Bank stock ,
1,800 00 Realestate by foreclosure,
Loans on real estate,. .

Earnings undivided ,

Guaranty fund,

8 ,150 00
12,725 00

70.625 00
3,300 00
3 ,011 29

Loans on personal security ,
Deposit in bank on interest,
Cash on hand , . . .

1, 170 44

$ 101,981 73

$ 101,981 73

Amountof real estate held by foreclosure, . . . . . . . $ 12,725 00
Assessed value of the same, .

.

.

.

.

.

.

.

14 ,910 00

Amount of incomereceived from the same, .
Amount of municipal tax on realestate, ·

.

.

.
·

.
·

.
·

.
·

.

.
·

1,121
05
253 31

Cash on Deposit in Bank :

Merchandise National Bank, Boston , . . . . . . . . $ 3,011 29
Whole amount of interest or profits received or earned, . . . . $6,987 65
Times for the dividends fixed by the by-laws: June and December
The total amount of loans, with each specified rate of interest: $ 56 ,460,
6 per cent. ; $ 1,500 , 60 per cent. ; $ 15,965, 7 per cent.
Number of outstanding loanswhich are ofan amount not exceeding $ 3,000
.

.

.

.

.

Aggregate amount of the same,

each ,

.

.

.

.

.

.

.

.

.

.

.

.

Number of open accounts,

.

.

.

.

.

.

.

. 588

.

.

Number and amount of deposits received for previous year,
. 42
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, .

.

.

.
3
. 343

.

.

. 17

.

.

. 267

nt of expenses of the corporation during previous year, . . .
Amount
rer
Amou of treasu 's bond , .

.

.

.

Date of examination by commissioner : June 15.

.

.

.

.

.

.

66
,425 00W
00 ,420

3,932 16

1,254 35
45,710 53
522 78
13,000 00

114

BANK COMMISSIONERS' REPORT.

[Jan.

Public FUNDS.

City of Boston 5s, 1883, .

Par Value.

Estimated
Market Value.

AmountInvested.

$ 3,000

$ 3,015 00

$ 3,000 00

$ 3 ,000

$ 3 ,000 00

1,500
1,000

1,665 00
1,083 75
1,770 00
1,042 00
350 00

$ 3,000
1,500
1 ,000
1,500
800

BANK STOCK .
Merchandise Nat'l Bank, Boston, .
Hide and Leather Nat'l B 'k , Boston,
Webster Nat'l Bank , Boston, .
Boylston Nat'l Bank , Boston, .

Faneuil Hall Nat'l Bank, Boston , .
Wrentham Nat'l Bank , Wrentham , .

1,500
800
350 1
$ 8,150

$8,910 75

00
00
00
00
00

350 00

$ 8,150 00

115

PUBLIC DOCUMENT — No. 8.

1883.]

FRAMINGHAM SAVINGS BANK – FRAMINGIIAM .
Incorporated 1816 . Number of corporators, 35.

L. F . FULLER , President.

C . S . ADAMS, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS.

funds, .
58 || Public
Bank stock ,
Earnings individed, $ 1,314,318 61
20 ,000 00 Loans on banks
Guaranty fund,
Railroad bonds,
Deposits,

$ 174,800
00
166 ,000 00
46,029 00
63,000 00

Real estate by foreclosure,

.

25 ,650 00

Loans on real estate,. .
Loans on personalsecurity, .
Loans
towns,to :counties,
sion incities,
terest, or.

757,755 57
94,036 08

6 ,000 00
8,003 52
16 ,676 00
2,000 00
10,000 00

Deposit in banks on interest, .
Premium account, . . .
Vault, safe, etc.,

Assessment on National Bank

Cash on hand and in bank, :

19 ,085 02

$ 1,389,035 19

$ 1,389,035 19
Loans on Bank Stock , amount on each :

.

.

.

.

.

.

.

.

.

.

.

·
.
.

.

.

. . .

. ..

year,

.
· · · · · ·
. . . . . .

. .. . ..

On 92 shares Framingham National Bank , . . . .
On 26 shares Bunker Hill National Bank, .
.
On 120 shares Natick National Bank , . . .
On 100 shares Spencer National Bank, . .
On 104 shares National Bank of Redemption , .
On 100 share Boston National Bank, . . .
On 6 shares Waltham National Bank, . . .
Amount of real estate hold by foreclosure, .· ·.
·
Assessed value of the same, . . . · . .
.
.
Amount of incomereceived from the same, . .
.
Amount of municipal tax on realestate, . .
Cash on Deposit in Banks, amountin each : -Bank , .. . . . .
South Framingham National bank,
Framingham National Bank, . . . . . . .
Boston Safe Deposit and Trust Company, . . . .
Wbole amount of interest or profits received or earned , .
Rate and amount of each semi-annual dividend for previous |

. ! 10.429 00
20,000 00

15,000 00

·
.
.
.

.
.
.
.

600 00
$ 25,650 00
30,860 00
1,810 12
412 81

.

.

$ 5,000 00

. . . 7,211 82
. . . 3,003 52
. . . $73,043 17
24 per cent., / 28,384 99
24 per cent., l 28 ,915 35

Times for the dividends fixed by the by -laws : first Saturday in May and
November.
The total amount of loans, with each specified rate of interest : $ 19,600 ,
4 per cent.; $ 854 ,220.65, 6 per cent.

Number of outstanding loans which are ofan amountnot exceeding $ 3,000
each , . . . . . . . . . . . . . 521
529,413 65
Aggregate amount of the same, .
Amount of investments from which no income is received, . . . . 10,000 00
Number of open accounts, . . . . . . . . 5 ,234
Number and amount of deposits received for previous year, .. 2,027 238,711 83

116

BANK COMMISSIONERS' REPORT.

Jan .

Number and amount of deposits of and exceeding $ 300 at any one time
. 222 $ 122,461 30

.

.

.

.

1,492

Number of accounts opened the previous year, . . . .
.
Number of accounts closed the previous year, . .
Amount of expenses of the corporation during previous year, .

. 732
. 321
. .

.

.

.

Number and amount of withdrawals, .

for the previous year , .

.

.

.

Amount of treasurer's bond, .

.

.

.

.

.

.

.

.

.

.

.

229,495 50
3,700 00
20,000 00

Date of examination by commissioner : September 1.

PUBLIC FUNDS.
Estimated

Par Value.

$ 14,800

United States bonds,

Market Value. Ainount Invested.

$ 16 ,500 00

$ 14,800 00

State, city and town bonds:
..

| :: : :: :: :

State of Maine,.

. . . . . . .

City of Boston ,
.
of Lowell,. .
of Worcester,

of Providence, R .I., .
Town of Marlborough ,
of Lewiston, Me.. .

of Norwalk , Conn.,

30,000
9 ,000
20,000

2, 200
27 ,000
21, 200
28 ,000
33,000
11,300
21,200

30,000

32,400 00

2,000
24,000
20 ,000
25 ,000

00
00
00
00
00
00
00

2,000 00
24 ,000
20 ,000
25 ,000
30,000
9 ,000

00
00
00
00
00

20,000 00

30,000 00

$ 174,800 $192,800 00 $ 174,800 00
BANK STOCK .
Atlas Nat'l Bank, Boston,
Blackstone Nat'l Bank , Boston,
Commerce Nat'l Bank, Boston ,
Central Nat'l Bank, Boston, .
Continental Nat'l Bank , Boston,

Boston Nat'l Bank, Boston ,

Eliot Nat'l Bank, Boston,.
Framingham N 'l B ’k , Framingham ,
So . Framingham N 'l B 'k , Fram 'h 'm ,
First Nat'l Bank, Boston, .
.
Freeman 's Nat'l Bank, Boston,
.
Globe Nat'l Bank, Boston ,
Hide and Leather Nat'l B 'k , Boston ,
Howard Nat'l Bank , Boston , .
North America Nat'l Bank, Boston,
Market Nat'l Bank, Boston, .
Mount Vernon Nat'l Bank, Boston ,.
Republic Nat'l Bank Boston , .
Second Nat'l Bank, Boston , .
Shoe and Leather Nat'l B ’k , Boston,
Traders' Nat'l Bank, Boston, . .
Webster Nat'l Bank , Boston , . .

$600
3,300
• 1,900
11,900

10 ,000
10 ,000
15 ,500
3,200
10,000
16 ,500

3,000
1,500
18 ,000
13,600
1 ,000

3,000
8,500
9,000
3,000

$ 900
3,800
2 ,200
15 ,500
10 ,000
12 ,000

00
00
00
00
00
00

18 ,500 00
4 ,800
10 ,600
34 ,100
3 ,700
1,700
21,600
17 ,500
1, 100
3,200
10 ,600

00
00
00
00
00
00
00
00
00
00

11,300 00

5 ,000
11,000

4 ,900 00
5 ,900 00
11,000 00

6 ,500

7,200 00

$600 00
3, 300
1 .900
11,900
10 ,000
10 ,000
15 ,500
3 ,200
10 ,000
16 ,500

00
00
00
00
00
00
00
00

00

3 ,000 00
1,500
18,000
13 ,600
1 ,000

00
00
00
00

8,000 00
8 ,500 00
9 ,000
3,000
5 ,000
11,000

00
00
00
00

6 ,500 00

$166,000 $212,100 00 $ 166 ,000 00

1883. ]

PUBLIC DOCUMENT - No. 8 .

117

RAILROAD BONDS.
Estimated

Market Value.

Amount Invested .

$ 20,000 $ 23,000 00

$ 20,000 00

Par Value.

Fitchburg Railroad, . .
Boston and Lowell Railroad,

Salem and Lowell Railroad,

3 ,000
20 ,000

3,400 00
23,200 00

Newport and Richford Railroad,

20,000

21,200 00

3,000 00
20,000 00

$63,000 $70,800 00

$63,000 00

20,000 00

118

BANK COMMISSIONERS' REPORT.

[Jan.

FRANKLIN SAVINGS BANK - BOSTON.
Incorporated March , 1861. Number of corporators, 78.

Henry WHITTEMORE, Treasurer.

Osmyn BREWSTER, President.
STATEMENT.

LIABILITIES.

ASSETS.

Deposits, : W : $ °3, 119,914
242,392 77 | Public funds, .
391 Loans on public f
Earnings individe ,
44,184 88 Bank stock ,
Guaranty fund, d

.

. )

.

.

$ 255,021 87
23,650 00
79,617 83
219,510 54
2 ,062,020 00
513,315 00

Real estate by

Loans on real estate, .
Loans on personal security ,
Loans
to counties,
cities, or
towns, .
.

211,975 00
31,326 09

Depos
it in banks on interest, .
Expense account,

3 .794 54

Cash on hand ,

3 ,231 17

$ 3,106,492 04

$ 3, 106 ,492 04
=

Loans on Public Funds, amount on each :
. . .
On $ 14 ,050 United States 4s, . . . .

On $9,600 United States 4hs, .

. .. . . .

. $ 9,600 00

.

.

.

.

.

14,050 00

. . $ 219,510 54
Amountof realestate held by foreclosure, . .
.
Assessed value of the same, . . . . . . . . . . 231,600 00
Amount of incomereceived from the same, . . . . . . . 9,972 21

Amountof municipal tax on real estate,

.

.

,

.

3,382 50

Cash on Deposit in Banks, amount in each :
Boylston National Bank, Boston , . . . . . . . . . $ 18,611 22
Revere National Bank , Boston, . . . . . . . . . 15,714 87
Whole amount of interest or profits received or earned , . . . . $ 145,313 94
Rate and amount of each semi-annual dividend for previous / 2 per cent., 60,383 17
year, . . . . . . . . . .
2 per cent., l 58,728 34
Times for the dividends fixed by the by-laws: February 1 and August 1.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 58.

The total amount of loans, with each specified rate of interest: $ 170,000,
4 per cent. ; $ 150,000, 4 } per cent.; $ 314,650, 41 per cent.; $ 30,000, 48 per
cent.; $ 1,113,137, 5 per cent.; $89,400, 55 per cent.; $ 545,178, 6 per cent.;

$73,650, 6 per cent.; $77,500, 7 per cent.; $5,500, 76 per cent.

Number of outstanding loanswhich are of an amountnot exceeding $ 3,000
each , . . . . . . . . . . .
. . . . .
Amount of investments from which no income is received , .

.

.
.

. 102
. 210,465 00
. . 33,350 49

.

.

8,077

Aggregate amount of the same,

Number of open accounts,

.

.

.

.

.

.

.

Number and amountof deposits received for previous year, . 5,682 716,267 66
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, ,

,

,

,

. 583 325,767 21
4,991 522, 287 71

1,286

.
1,022
Number of accounts closed the previous year, .
Amount of expenses of the corporation during previous year, . . .
r
Amount of treasure 's bond , .

.

.

.

.

Date of examination by commissioner : March 11.

.

.

.

.

.

13,979 12
10,000 00

PUBLIC DOCUMENT — No. 8.

1883.]

119

PUBLIC FUNDS.
Estimated
Par Value.

United
States 44s, ·
46
4s
,

Market Value.

Amount Invested.

$ 225,000 $ 254,531 25

$ 236 ,828 12
18,193 75

20,000

.

23,900 00

$ 245,000 $278,431 25 $255,021 87

BANK STOCK .
Continental Nat'l Bank, Boston, .
Revere Nat'l Bank, Boston, .
Atlas Nat'l Bank, Boston,
Second Nat'l Bank , Boston , .
North Nat'l Bank, Boston,
Webster Nat'l Bank , Boston , .
New England Nat'l Bank , Boston, .

Third Nat'l Bank, Springfield,.

$ 27,718 12
22,885 00
6 ,771 87
8,421 87
18 ,815 75
3,359 62
5 ,400 00
8,000 00

$ 22,237 75
20,114 38
5 ,520 00
5,602 95
14,067 00

$81,100 $ 101,372 23

$ 79,617 83

$23,500
19,900

5 ,500
5 ,500
14,600
3,100

4,000
5 ,000

2,905 75
4,170 00

5 ,000 00

120

BANK COMMISSIONERS' REPORT.

[Jan .

THE FRANKLIN SAVINGS INSTITUTION - GREENFIELD.
Incorporated 1834. Number of corporators, 21.

Samuel O . LAMB, President.

WM. H . ALLEN , Treasurer .
STATEMENT.

LIABILITIES .

ASSETS.

Deposits, .
$ 2,819,565 34 || Public funds,
Earnings undivided ,
26 ,387 46 Bank stock ,
Guaranty fund,
35 ,025 00 Loans on bank s

$ 1,048 ,900
67,400
44,000
182,500
8, 288
632,515

Railroad bonds.

Real estate by foreclosure,
Loans on real estate,. .
Loans on personalsecurity,
Loans to counties, cities, or
towns, .
.
.
banks on interest :
Deposit inaccou

Expense

654,265 06
162,441 00
69,682 16
2,010 91
4,000 00
700 00

.

.

nt,

Premium account,

Interest unpaid ,
Cash on hand, .

00
00
00
00
02
89

.
.

4,244 76

$2,880,977 80

$ 2,880,977 80
On 62 shares First National Bank, Northampton ,.
On 10 shares City National Bank , Worcester,

.

.

$ 5,500 00

On 10 shares Crocker National Bank, Turner's Falls, . . . . .

800 00
1,000 00

· ·

.

On 68 shares Franklin County National Bank , Greenfield , .
On 24 shares First National Bank ,Greenfield , . . .
On 10 shares Packard National Bank, Groentield, . .
On 70 shares Railroad National Bank , Lowell,

.

.

.

.

.

On 50 shares Railroad National Bank

} 4,900 00
500 00

..
.
.

5 ,900
2,700
700
7,000

.ii

.
.
.

· · · · · · · · · ·

On 21 shares City National Bank, Worcester,
.
On 5 shares Shelburne Falls National Bank,.

On 28 shares Ware National Bank, Ware,

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

.

00
00
00
00

10,000 00

.

.

.

.

Amount of real estate held by foreclosure, .
Assessed value of the same, . . . .

.
.

.
.

.
.

Amount of incomereceived from the same, .
Amount of municipal tax on real estate, .
Cash on Deposit in Banks, amount in each :
National Hide and Leather Bank of Boston , .
Packard National Bank of Greenfield , . .

. . .
. . .

.

. $ 15,020 27

.

.

.

.

.

.

15,251 88

First National Bank of Greenfield , .

.

.

.

.

.

.

.

39,410 01

Whole amount of interest or profits received ,

.

.

.

. $ 150,237 .15

.

.
.

.
.

5,000 00
.
.

. . . .

. . . ·

On 50 shares National Bank of Redemption, Boston , .
On 50 shares North National Bank , Boston , .

.
.

.

.
.,

$ 8,288 02
8,885 00
699 29
37 37

Rate and amount of each semi-annual dividend for previous / 2 per cent., 54,728 39
year, . . . . . . . . . . 52 per cent.,? 54,851 26
Times for the dividends fixed by the by -laws: January 1 and July 1.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 7.
The total amountof loans, with each specified rate of interest: $ 206,441,
44 per cent.; $ 50 ,000, 44 per cent. ; $ 1,211,780.95, 5 per cent.; $ 25 ,000,
54 per cent.

1883 .]

121

PUBLIC DOCUMENT — No. 8 .

Number ofoutstanding loans which are of an amount notexceeding $ 3,000
.
.

.
.

. 488
. . $ 433,663 19

Amount of investments from which no income is received , .
. . .
Number of open accounts, . . .
Number and amount of deposits received for previous year,

.
.
.

.

.
.

.
.

each , . . . .
Aggregate amount of the same,

.
.

.
.

.

Number and amount of deposits of and exceeding
for the previous year, . . . . . .
Number and amount of withdrawals, . . .
Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

499 83
.
3,306 316 ,319 02

6 ,918

$ 300 at any one time
. . . . 309 171,739 52
2,917 385,767 33
. . .
. . . . 731
. . . . 678

Amount of expenses of the corporation during previous year, .
.
.
.
.
.
.
.
Date of examination by commissioner : September 4.

Amount of treasurer 's bond , .

.

.

4,866 40

.

.

50 ,000 00

PUBLIC FUNDS.
Par Value,

United States 44s, .

.

Estimated
Market Value. Amount Invested .

$60,000 $67,800 00

$60,000 00

89,291 00

72,000 00
35 ,000 00

City and town bonds :
72,000
35 ,000
46 ,000

.

of Somerville , .
of Lowell,

of Worcester, .

of Fall River, .
of Fitchburg, .
.
of Springfield,
of Lawrence, .
of Holyoke,
of Taunton ,

of Brockton, . .
of Stockbridge,
of Amherst, .
of Adams,
of Greenfield ,
of Everett, : :
of Malden ,
of Gill,

Town of Brookline, .

of Chicopee Falls, .

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

of Providence , R . I..
of Cambridge, .
of Nashua, N .H .,
of Lynn , :
of Portland, Me.,

· · · · · · · · · · · · · · · · · · · · · · · · ·

City of Boston ,.

125 ,000

75 ,000
75 ,000
10 ,000
5 ,000
18,000
70,000
13,000
34,000
30 ,000
50 ,000
1,000
28 ,000

101,400
3,000

36 ,939 00
52,440
85 ,490
96 ,750
12,400
5 ,575
21, 135
78 ,085
15 , 210
46 ,695
38,600
61,612
1,240
32,898
120 ,422
3,105

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

158,916 00

50,000

59, 167 00

25 ,000
12 ,500

30,000 00

25,000

:

60,000

.

10,000
15 ,000

13,229
29,500
72,400
10 ,667

00
00
00
00

15,300 00

46 ,000 00
75 ,000 00
75 ,000 00

125 ,000 00
10,000 00

5 ,000 00
18 ,000 00

70,000 00

13 ,000 00
34,000 00
30 ,000 00
50,000 00
1,000 00

28,000 00

101,400
3 ,000
50,000
25 ,000
12,500
25 ,000
60 ,000
10 ,000
15 ,000

00
00
00
00
00
00
00
00
00

$1,048,900 $ 1,254,866 00 $1,048,900 00

122

BANK COMMISSIONERS' REPORT.

[Jan .

BANK STOCK
Estimated
Par Value.

Faneuil Hall Nat'l Bank, Boston,
First Nat'l Bank, Northampton ,
First Nat'l Bank, Greenfield , .

Commerce Nat'l Bank , Boston ,

$500
15 ,300
4 ,900

9,800
8,700
12,500

North America Nat'l Bank , Boston ,.
Revere Nat'l Bank, Boston , .
Traders' Nat'l Bank, Boston, .
Webster Nat'l Bank , Boston, .
Pittsfield Nat'l Bank, Pittsfield ,

10 ,200
3 ,000

Adams Nat'l Bank, North Adams, .

1,000

1,500

Market Value. Amount Invested.

$651 00
18 ,245
6 ,125
17,640
9 ,657
14,250
1,391
11,054
4 ,680
1,450

00
00
00
00
00
00
00
00
00

$500 00
15 , 300
4 ,900
9 ,800
8 ,700
12 ,500

00
00
00
00
00

1,500 00

10,200 00
3,000 00
1 ,000 00

$07,400 $85,143 00 $67,400 00
RAILROAD BONDS.
Vermont and Massachusetts R .R . 78, $50,000
-Boston and Albany Railroad 7s, il 25 ,000
57 ,500
Eastern Railroad 6s, . .

Connecticut River Railroad 5s,

50 ,000

$68,167 00
31,562 00
63,537 00

850 ,000 00

50,000 00

50,000 00

25,000 00
57,500 00

$ 182,500 $213,266 00 $182,500 00

PUBLIC DOCUMENT — No. 8.

1883.]

123

GARDNER SAVINGS BANK - GARDNER .
Incorporated 1868. Number of corporators,81.

John D. EDGELL, Treasurer.

Joux EDGELL, President.

STATEMENT.

LIABILITIES,

Deposits , .

: .

Earnings individed ,
fund ,
Guar
Interanty
est, .

Assets.

Publicstock
funds,
8732,195
59 | Bank
. .
1,453 37
,

$ 2,850 00
105,972 50
11,100 00
25 ,600 00
1,852 18
336 ,041 59

12,150 71 Loans on bank stock ,
5,747 13 Railroad bonds, ..
Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security,
Loans
to counties, cities,
towns, .

.
.
.

135 ,939 36

or

113 ,180 00
3, 300 00
243 61

Deposit in bank on interest, .
Expense account,
Cash in bank ,

15 ,767 56

$751,846 80

$ 751,816 80
Loans on Bank Stock :
On 111 shares First National Bank, Gardner,

.

.

.

.

.

. $ 11,100 00

Amount of real estate held by foreclosure, . . . . . . . $ 1,852 18
Assessed value of the same, . . . . . . . . . . 1,400 00
40 00
Amount of incomereceived from the same, . .
Amount of municipal tax on real estate,
32 56
Cash on Deposit in Banks, amount in each :
Pacific National Bank , Boston , .
.
First National Bank ,Gardner, . . . .

.

.

.

.

.

.

Whole amount of interest or profits received or earned ,

.

.

.

.

83,300 00

.

15,767 56

- $38,830 06

Rate and amount of each semi-annual dividend for previous / 2 per cent.,S 12,941 37
year, . . . . . . . . . . . ) 2 per cent., ? 13,594 36
Times for the dividends fixed by the by-laws: January 1 and July 1.
Average annual per cent. of dividends for the term ending at timeof, and
including, last extra dividend : 4 .

The total amount of loans, with each specified rate of interest : $6 ,750,
39 per cent.; $ 80 ,000, 4 per cent.; $ 26 ,520, 45 per cent. ; $ 31,660, 5 per
cent. ; $ 87,337.41, 54 per cent. ; $ 363,973.54, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,0002
each , . . . . . . . . .
· · 46
320,682 93
Aggregate amount of the same, .

900 00
.
2,386
6,098 168,468 87
Number and amount of deposits of and exceeding $ 300 at any one time
· 125 59,496 01
for the previous year, . . . .
Number and amonntof withdrawals, . .. .
· · · 885 113,689 19
Amount of investments from which no incomeis received, .

.

.

Number of open accounts, . . . . . . . .
Number and amount of deposits received for previons year, .
Number of accounts opened the previous year, . . .
Namber 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 20.

.

. 367

.

. 291

.

.

.

1,710 00

.

.

.

15 ,000 00

124

BANK COMMISSIONERS ' REPORT.

[ Jan .

PUBLIC FUNDS.
Estimated
Par Valne.

United States 4s, .
" 449, .
City bond :

.
.

.

City of Bath, Me, municipal 6s,

Market Value. AmountInvested.

$ 1, 100
750

$ 1,309 00

1,000

1,050 00

$ 2,850

$ 3,206 50

847 50

$ 1, 100 00
750 00

1,000 00
$2,850 00

BANK STOCK .
Mechanics' Nat'l Bank, Worcester , .
Citizens' Nat'l Bank ,Worcester,
First Nat'l Bank, Gardner, .
Orange Nat'l Bank , Orange, .
Crocker Nat'l Bank, Turner's Falls,

Rollstone Nat'l Bank , Fitchburg ,
Metropolitan Nat'l Bank , Boston,
CentralNat'l Bank, Boston, .
Howard Nat'l Bank , Boston , .
Boston Nat'l Bank, Boston, . .
Continental Nat'l Bank, Boston ,
Merchandise Nat'l Bank, Boston,
State Nat'l Bank , Boston,

New England Nat'l Bank, Boston,
Mechanics' Nat'l Bank, Boston,
Merchants' Nat'l Bank , Boston,
Blackstone Nat'l Bank , Boston,
Everett Nat'l Bank , Boston , .

Eliot Nat'l Bank , Boston , .

.

Shoe and Leather Nat'l Bank , Boston ,

Hide and Leather Nat'l B ’k , Boston ,
Eagle Nat'l Bank, Boston , .
Exchange Nat'l Bank, Boston,
Republic Nat'l Bank, Boston , .
Commonwealth Nat'l Bank , Boston,
First Nat'l Bank, Ashburnham ,
Miller's River Nat'l Bank , Athol,

$ 5 ,000
2,000
6,700
10 ,000
10 ,000
2,900
400

1,000
2,500
12,500
1 ,500
5 ,000
5 ,000
500
1,500
2,000
5 ,000
500
5 ,000
2,500
5 ,000
1 ,100
1,600
5,000
5 ,000
2,000
1 ,800

$ 6 ,000
2,400
8 ,710
12,000
12,000
4 ,640

00
00
00
00
00
00

480 00
742 50
3,050 00
14 ,750 00
1,770 00
5 ,000 00
6 , 150 00
675 00

1,950 00
5 ,400 00

2,800 00

565 00
5 ,950 00

2,625 00
5 ,500 00

1, 309
2 ,080
6 , 200
5 ,550
2,100
3, 150

00
00
00
00
00
00

$ 5 ,000 00

2,000
6 ,700
10 ,000
10 ,000
3 ,972
400
2,000
2,500
12,500
1 ,500
5 ,000
5 ,000
500
1,500
2,000
5 ,000

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

500 00

5,000 00
2 ,500
5 ,000
1,100
1,600
5 ,000
5,000
2,000
2 ,700

00
00
00
00
00
00
00
00

$ 103,000 $ 123,546 50 | $ 105,972 50
RAILROAD BONDS.
Boston and Albany Railroad 78,

$8 ,000

Boston and Maine Railroad 7s,

5 ,000
1,600
10 ,000

Vermont and Massachusetts R .R . 6s,

Boston and Lowell Railroad 5s,
Boston ,Rev. Beach and Lynn R .R .6s,

$ 9,920
6 ,150
1,696
10 ,300

00
00
00
00

$8,000 00
5,000 00

1,150 00

1,600 00
10 ,000 00
1,000 00

$ 25,600 $29,216 Op

$ 25,600 00

125

PUBLIC DOCUMENT - No. 8.

1883.]

GEORGETOWN SAVINGS BANK - GEORGETOWN.
Incorporated 1868. Number of corporators,63.
ORLANDO B . Tenney, Treasurer.
JEREMIAH P . JONES, President. STATEM
ENT.

LIABILITIES.

Deposits, .

.

.

Earnings undivided ,
Guaranty fund,

ASSETS .

$ 205,105 95 Public funds, .

.

$ 19 ,000 00
16 ,300 00

1,557 19 Bank stock , . .
3,700 00 | Real estate by foreclosure,
Loans on real estate,
Loans
on personal security ,
Deposit banks interest,

7,791 83
93
00

135,360
22,484
8 ,018
1,112

in
on
Interest due, .
Cash on hand, .

15
47

295 76

$ 210,363 14

$ 210,363 14

Amount of realestate held by foreclosure, .

. .

.

.

.

.

Assessed value of the same, . . . .
Amount of income received from the same, .
Amount of municipal tax on real estate, .

.
.
.

.
.
.

.
.
.

.
.
.

.
.
.

.
.
.

Cash on Deposit in Banks, amount in each : - '
Blackstone National Bank , Boston, . . . . . . .
Georgetown National Bank, Georgetown, . . . . . . .
Whole amount of interest orprofits received or earned, i . . .
Rate and amount ofeach semi-annualdividend for previous | 24 per cent.,
year, . . . . . . . . . . . 24 per cent., l
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: $ 10,000,

$ 7,791 83
7,300 00
781 08
90 32

$ 8,018 15
260 92
$ 13,022 94
4,826 78
4,791 23

5 per cent. ; $65,965, 6 per cent.; $5 ,050, 6 ) per cent.; $ 54,345.92, 7 per
cent.

Number ofoutstanding loanswhich are ofan amountnot exceeding $ 3,000
. . . . 179
each , . . .
Aggregato amount of the same, . . .
122,024 92
. . . . 699
Number of open accounts, . .
Number and amount of deposits received for previousycar, .
412 34,050 37
Number and amount of deposits of and exceeding $ 300 at any one time
. 28 15,293 76
for the previous year, . . . .
Number and amount of withdrawals , . . . . . . . 388 37,399 18
Number of accounts opened the previous year, . . . . . 102
Number of accounts closed the previous year,
389 08
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . .
. . . . 10,000 00
Date of examination by commissioner : June 13.

126

BANK COMMISSIONERS' REPORT.

[ Jan .

Public Funds.
Estimated

City and town bonds:
City of Bath ,Me., 6s, . .
of Bangor, Me., 6s, .
of Bangor,Me., 7s, .
of Belfast, Me., 6s, . .
of Portland, Me., 6s,
of Rockland, Me., .
Town of Melrose 7s,

Par Value.

Market Value,

AmountInvested .

$ 2,500

$ 2,600 00

$ 2,500 00

2,000
2 ,000

2,200 00

2,000 00

2,300 00

2,000 00

6 ,000
1 ,500
3 ,000
2,000

6 ,120 00

6 ,000 00

1 ,575 00
3,060 00
2,150 00

1 ,500 00
3 ,000 00
2 ,000 00

$ 19,000 $20,305 00

$ 19,000 00

BANK STOCK .

Georgetown Nat'l B 'k ,Georgetown,
Market Nat'l Bank , Boston,
Columbian Nat'l Bank, Boston , .
Manufacturers' Nat'l Bank, Boston , .
State Nat'l Bank, Boston, .

$ 8,000 00

$8 ,000 00

1,000 00

1,755 00

1,000 00
1,300 00

3, 100 00
3,600 00

3 ,000 00

$ 16, 300 $17,455 00

$ 16,300 00

$ 8,000
1,000
1 ,300
3 ,000
3,000

3,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

127

GRAFTON SAVINGS BANK - GRAFTON .
Incorporated March 13, 1869. Number of corporators, 50.

HENRY F. Wing , Treasurer.

GEORGE K . Nichols, President.
STATEMENT.

LIABILITIES

Deposits,
.
Earnings undivided
,
Guaranty fund,

.

ASSETS.

$ 171,922 36 | Public funds, . .
11.609 02 Bank stock , . .
2 ,400 00 Loans on real estate, .

.
.
.

$ 20,834
37 ,410
51,095
38,646
28,000
9,944

..
.
Loans
on personal security, .
Loans to counties, cities , or
towns, . . . .
Cash in bank ,

37
99
67
00
35
00

$ 185,931 38

$ 185 ,931 38

Cash on Deposit in Bank :
Grafton National Bank, . . . . . . .
Whole amountof interest or profits received or earned,

.
.

.
.

.
.

. $9,944 35
. $ 10,212 46
3,224 60

) 2 per cent., ?

3,280 00

Times for the dividends fixed by theby -laws: January and July.
Average annual per cent. of dividends for the term ending at time of,and
including, last extra dividend : 4 .
The total amount of loans, with each specified rate of interest: $7,339,
4 per cent. ; $ 12,000 , 45 per cent.; $ 22,002.67, 5 per cent.; $ 12,805 , 6 per
cent.; $ 33,595, 6 } per cent.
Number of outstanding loanswhich are ofan amount not exceeding $3,000
each , . . . . . . . . . . .. .. .. .60. .
Aggregate amount of the same, . . . .
. . . 568
Number of open accounts, . . .
. 313
Number and amount of deposits received for previous year,
Number and amount of deposits of and exceeding $ 300 at any one time
25
for the previous year, . . . . . . . . .
Number and amount of withdrawals, . . . . . . . 230
Number of accounts opened the previous year, .
. . . 58
Number of accounts closed the previous year, . . . . . 51
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond , . . . . . . . . . .
Date of examination by commissioner : June 12.

74,528 37
29,946 28

year,

-

.

.

.

.

.

.

.

.

.

. . .

Rate and amount of each semi-annual dividend for previous 2 per cent., J

15,846 14

24,095 42
100 00
10,000 00

128

BANK COMMISSIONERS' REPORT .

[ Jan .

Public FUNDS.
Estimated

United States 44s, .

*

* 55,34s,continued,

Par Value.

Market Value.

Amount Invested .

$ 15,000

$ 16,968 75

$ 15,634 37

5 ,000

5 ,100 00

5 ,200 00

$20,000 $22,068 75

$20,834 37

BANK STOCK .

Redemption Nat'l Bank, Boston ,
Revere Nat'l Bank , Boston , .

State Nat'l Bank, Boston ,.

.

Shawmut Nat'l Bank, Boston , .
Webster Nat'l Bank, Boston , .
Howard Nat'l Bank, Boston ,
North Nat'l Bank, Boston,
Market Nat'l Bank, Boston,
Traders' Nat'l Bank , Boston ,

..
.
.
.

Massachusetts Nat'l Bank, Boston , .
City Nat'l Bank , Boston , .
North America Nat'l Bank, Boston, .
Eliot Nat'l Bank, Boston ,.
.

Manufacturers' Nat'l Bank, Boston , .
Fourth Nat'l Bank , Boston , .
Spencer Nat'l Bank , Spencer, .
First Nat'l Bank , Grafton ,
.
Grafton Nat'l Bank , Grafton , .

$ 3,000
3 ,000
2,000
1 ,000
1 ,300

1,500
1,000

3 ,800
1 ,600

500

300
2 ,800
1 ,000
500
5001

$ 4 ,050 00
3,450 00
2,460 00

3,814
2 ,040
1,222
1,476
1 ,744
1, 206

00
00
75
12
50
25

1 , 150 00
1,417 00
1,830 00
1 ,290 00
3 ,914 00
1,600 00
560 00
357 00
3, 108 00

4 .276 00

1.200 00

1,230 00

1,885 50
677 12
363 25
3,200 25

525 00

550 00

550 00

600 00

1,000
1 ,300

1,100 00
1,695 00

6 ,300

7 ,245 00

$ 32,400

$ 1,187 75

1,000 00

1,462 50
6 ,575 00

$37,501 00 $37,410 99

1883.]

PUBLIC DOCUMENT — No. 8.

129

GREAT BARRINGTON SAVINGS BANK - GREAT BARRINGTON.
Incorporated February 23, 1869. Number of corporators, 56 .
CHARLES J. Taylor , Treasurer.
EGBERT HOLLISTER, President.
STATEMENT.
LIABILITIES.

Deposits, . .

Earnings undivided ,
Guaranty fund,

ASSETS.

8230 ,047 33 Public funds, .
17 , 162 48

$ 1,000
74,508
1,288
112,529
46, 254
6 ,906
443

.

Bank stock ,
Loans on bank stock

3,747 05

Loans on real estate, .

Loans on personal security, .
Deposit in banks on interest, .
Expense account,

00
53
13
11
16
81
87

8 ,026 25

Cash on hand and in bank ,

$250,956 86

$ 250,956 86

Loans on Bank Stock, amount on each :
On 10 shares Mahaiwe National Bank , .

.

.

.

.

.

.

.

$ 788 13

On 15 shares NationalExchange Bank, Hartford , Ct., . .

.

.

.

500 00

Cash on Deposit in Banks, amount in each :
MahaiweNational Bank, . . . . . . . . . . .
National Bank of Redemption, . . . . . . . . .
Wbole amountof interest or profits received or earned, . . . .
Rate and amount of each semi-annual dividend for previous 1 2 per cent., S
year . . . . . . . . . . . 2 per cent., 1
Times for the dividends fixed by the by-laws: January and July.
The total amount of loans,with each specified rate ofinterest : $ 145,120.93,
6 per cent.; $ 14,940.47, 7 per cent.
Number of outstanding loans which are ofan amount not exceeding $ 3,000
each , .
.
.
.
.
.
.
.
. 131
.
.
.
Aggregate amount of the same, . . . . . . . . .
Amount of investments from which no income is received, . . . .
1,220
Number of open accounts, . . . . . . .
Number and amount of deposits received for previous year, . 2,933
Number and amount of deposits of and exceeding $ 300 at any one time
for the previousyear, . . . .
Number and amount of withdrawals, .

.

.

.

.

. 57

.

.

.

. 606

Number of accounts opened the previous year, . . . . . 262
. . 178
year, .
Number of accountss closed the previous
ion

Amount of expense of the corporat

during previous year, .

.

.

Amount of treasurer's bond, .

.

.

.

.

.

.

Date of examination by commissioner : August 1.

.

.

$ 7,580 53
6,906 81
$12,743 66
3,947 15
4,029 70

93,971 40
628 68

74,939 80
28,612 48
52,100 54
1,543 21
10,000 00

130

BANK COMMISSIONERS' REPORT.

[ Jan.

PUBLIC FUNDS.
Estimated
Par Value.

United States 44s, .

$ 1,000

.

Market Value. Amount Invested .

$1,130 00

$ 1,000 00

$ 1,940 00

$ 5 ,445 20

6 ,205
405
1,300
450
1, 300
1,560
20 ,670
4 ,746
2,280

6 ,152 00

Bank Stock .
Mahaiwe N 'l Bank , Gt. Barrington ,
Lee Nat'l Bank , Lee,

Pittsfield Nat'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,

$ 3,800
5 ,110
300
1,000

Union Nat'l Bank , Boston ,

300
1,300
15 ,900
4,200
1,900
1,000
7 ,600
6 ,600
1,400

Merchants' Nat'l Bank, Boston,

2,500

1,000

00
00
00
00
00
00
00
00
00

1,500 00
11,020 00

7,392 00

405 00
1. 280 00
450 00

1,500 00
1,703 00

23,104 13
4 .835 25

2,227 75
1,345 00
11,400 00

1,960 00
3,625 00

9,248 50
2,020 20
3,392 50

$53,910 | $69,353 00

$74,508 53

1883.]

PUBLIC DOCUMENT — No. 8.

131

GREENFIELD SAVINGS BANK – GREENFIELD.

Incorporated 1869. Number of corporators, 17.
ALBERT M . GLEASON , Treasurer.

JOHN SANDERSON, President.

STATEMENT.

LIABILITIES.

Deposits, .

Earnings undivided .
Guaranty fund, .

ASSETS .

8986 ,296 90
579 70

11,475 00

Public funds
Bank stoc

.

.

.

.

$ 141,000 00
104,800 00
11,900 00
20 ,500 00
8,932 23
415 ,011 20

Loans on bank stoc
Railroad bonds,
estate by foreclosure,
Real
Loans on real estate, . .

.
.
Loans on personal security , .
Loans to counties, cities, or
towns, .

.

.

121,423 05
11,480 00
615 12
42,981 06
2, 178 43
382 50
3,325 00

.

Deposit in banks on interest. .
Expense account, .
Premiums paid ,
.
Furniture and fixtures,

113 .638 04

Interest due, . .
Loans on bank books,

Cash on hand, .

.

.

184 97

$998,351 60

$ 998,351 60

Loans on Bank Stock , amount on each :
On 84 shares Franklin County National Bank, Greenfield , .
On 6 shares First National Bank , Greenfield , . . .

.
.

.
.

On 25 shares Conway National Bank , Conway, . . . . .
.
.
.
.

.
.
.
.

.

.
.
.
.

.
.
.

Cash on Deposit in Banks,amount in each :
Agawam National Bank, Springfield, . .
Packard National Bank, Greenfield , . .
.

.
· · · .

.

.

Whole amount of interest or profits received or earned,

.

· · · · · · · · · ·

. .

· · · · · · · · ·

.

Crocker National Bank, Turner's Falls,
Holyoke National Bank, Holyoke, . . .
Citizens'National Bank, Holyoke, . . .
Miller's River National Bank, Athol, .
AtholNational Bank, Athol, . . .
International Trust Company, Boston , .

.

2,500 00
1,100 00

600 00
1,000 00

.
.
.

$ 8,932 23
5,000 00
376 00
60 00

. $ 25,000 00

Hampshire County National Bank, Northampton ,
People's National Bank, Brattleborough ,

.
.
.

· ·

.
.
.
.

$6 ,700 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,

. . .

On 11 shares Crocker National Bank, Turner's Falls, .
On 10 shares AdamsNational Bank, No. Adams, . .

.
.

. .

.

.

.

.

18 ,223 34
15,000 00

10,000 00
10 ,000 00

10,000 00

15,000
5,000
5 ,000
414

00
00
00
70

. . . . $51,353 45

Rate and amount of each semi-annual dividend for previous 14 per cent., S 16,108 95
year, . . . . . . . . . . . 52 per cent., ! 18,374 48
Times for the dividends fixed by the by-laws: January 1 and July 1.
Average annualper cent.of dividends for the term ending at time of, and
including, last extra dividend : 511 % .

132

BANK COMMISSIONERS' REPORT.

[ Jan .

The total amount of loans, with each specified rate of interest: $ 5,000,
4 per cent.; $ 153, 250, 48 per cent.; $510,889.25, 5 per cent.; $ 4,000, 6 per
cent.
Number of outstanding loanswhich are of an amount not exceeding $ 3,000

each, . . . . . . . . . . . . . 341
Aggregate amount of the same, . . . . . . . . . $ 288,760 25
. . . 2,523
Number of open accounts, . . . .
Number and amountof deposits received for previous year, . 1,478 188,554 71
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .
.
.
.
.
.
.
.
.
. 182 116 ,049 43
Number and amountof withdrawals, . . . . . . 1,291 182,681 14
Number of accounts opened the previous year, . . . . . 445
Number of accounts closed the previousyear,
. . . 219
Amount of expenses of the corporation during previous year, . . . 2,689 17
Amount of treasurer 's bond , . . . . . .. . . . . . 25,000 00
Date of examination by commissioner : October 31.

Public Funds.
Par Value.

Estimated
Market Value.

Amount Invested .

City and town bonds :

City of Burlington, Vt., .
of Springfield , . .
of Chicago, I ., .

$ 25 ,000

Town of Rutland, Vt., . .

40 ,000
65,000

of Pittsfield , .

8,000

3,000

..

$ 26 ,250
9,437
3 ,367
42,000

00
50
50
00

67,600 00

$ 25 ,000
8 ,000
3 ,000
40 ,000

00
00
00
00

65 ,000 00

$ 141,000 $ 148,655 00 $ 141,000 00
BANK STOCK

. . . . . .

Market Nat'l Bank, Boston.
Redemption Nat'l Bank , Boston, .
Eliot Nat'l Bank , Boston,
Merchants' Nat'l Bank, Boston,
Hamilton Nat'l Bank , Boston, .
Revere Nat'l Bank , Boston , . .
City Nat'l Bank , Boston , . .
Second Nat'l Bank, Boston, .
Washington Nat'l Bank , Boston ,
Metropolitan Nat'l Bank, Boston , .
Hide and Leather Nat'l Bik , Boston,
Chicopee Nat'l Bank, Springfield, .
Agawam Nat'l Bank , Springfield ,
City Nat'l Bank, Springfield , .
Third Nat'l Bank, Springfield ,.
First Nat'l Bank , Springfield , . .
Holyoke Nat'l Bank, Holyoke,.

Bank,ldHolyoke, .
Nat'lWestfie
Hadley FallsBank,
.
First Nat'l

, .

Orange Nat'l Bank, Orange, .
Athol Nat'l Bank , Athol, .

$ 1,800
5 ,200
4 , 200

3 ,300
3 ,500
4 ,800
600

1,000
300
2 ,000
1, 300
300

5 ,000
4 ,500
11,000
5 ,000
13,800
1,400

5 ,000
5 ,000
3,700

$ 1,800 00
6 ,812 00
6 ,000 00

4 ,686
4 ,130
5 ,472
720
1,520
408
2 ,440
1, 130
480
6 ,600
5,400
20 ,350
7 ,500
16 ,800
2 ,380
7 ,000
5 ,750
4 ,000

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

$ 1,800 00
5 ,200 00
4 ,200 00
3,300 00
3 ,500 00
4 ,800 00
600 00

1,000 00
300 00
2,000 00
1,300 00
300 00

5 ,000 00
4 ,500 00
11,000 00

5 ,000 00

13,800 00
1,400 00
5 ,000 00
5 ,000 00

3,700 00

1883.]

PUBLIC DOCUMENT — No. 8.

133

BANK STOCK — Concluded .
Estimated

Par Value.

Palmer Nat'l Bank, Palmer, .
First Nat'l Bank, Chicopee , . .
Franklin Co. Nat'l Bank ,Greenfield ,
First Nat'l Bank, Greenfield , ..

Conway Nat'l Bank, Conway, .

$ 10 ,000
1,200

3,500
3,400
4 ,000

Market Value. AmountInvested .

$ 13 ,000 00

1,920
3,675
6 ,528
5 ,000

00
00
00
00

$ 104,800 $ 140,801 00

$ 10 ,000 00
1,200 00
3 ,500 00

3,400 00
4 ,000 00

$ 104,800 00

RAILROAD BONDS.
Eastern Railroad , . .

Newport and Richford Railroad,

$ 11,550 00

$ 10 ,500 00

10 ,500 00

10 ,000 00

$20,500 $22,050 00

$20,500 00

$ 10,500
10,000

134

BANK COMMISSIONERS' REPORT.

[Jan.

GROVELAND SAVINGS BANK - GROVELAND.

Incorporated 1869. Number of corporators, 31.
NATHANIEL H . GRIFFITH , Treasurer.

Moses Foster , President.

STATEMENT
LIABILITIES.

ASSETS.

Deposits,
Earnings ,undivided .
Guaranty fund, .

$ 2,300
3,820
4 ,780
300

$41,667 67 Public funds,
726 38 Bank stock ,
700 00 Railroad bong
Real estate by foreclosure,
Loans on real estate , . .

22,327
00
1 ,710 00

Loans
on personal security, .
Deposit bank interest,
in

on

5 ,000 00

.

Cash on hand, .

.

2,657 05
$ 43,094 05

$43,094 05

Amount of realestate held by foreclosure, . .
Assessed value of the same, . . . . .

00
00
00
00

. . . .
. . . .

.
.

Amountof municipal tax on real estate,
Cash on Deposit in Bank :

.

.

.

.

.

.

First National Bank, Merrimac, .

.

.

.

.

. .

.

.

.

.

.

. \ 2 per cent.,

$ 300 00
360 00
6 12

.

$ 5,000 00
Whole amount of interest or profits received or earned , .
$ 2,253 38
Rate and amount of each semi-annualdividend for previous / 2 per cent., S 738 16
year,

.

.

.

.

.

.

804 01

Times for the dividends fixed by the by-laws: April and October.
The total amount of loans, with each specified rate of interest : $ 5,000 ,
4 per cent.; $ 1,400,6 per cent.; $ 10,970, 7 per cent.; $ 11,667,71% per
cent.

Number of outstanding loans which areofan amount not exceeding $3,000
each , . . . . . . . . . . . . . 47
Aggregate amount of the same, . .
Amount of investments from which no income is received , . . . .
Number of open accounts, . . . . . . . . . 179
64
Number and amount of deposits received for previous year, .
Number and amount of deposits of and exceeding $300 at any one time
for the previous year, .

.

.

.

.

.

Number and amount of withdrawals, .

.

.

.
.

.

24,037 00

300 00

.

3

4,623 50
1,450 00

.

60

3,796 83

Number of accounts opened the previous year, .
. . . 13
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 12.

57 95
5,000 00

1883.]

PUBLIC DOCUMENT — No: 8.

135

Public Funds.
Estimated

United States bonds,

Par Value.

MarketValue.

Amount Invested .

$ 2,500

$ 3,000 00

$ 2,500 00

BANK STOCK.

First Ward Nat'l Bank, Boston ,

.

$600

Fourth Nat'l Bank , Boston , .
Manufacturers' Nat'l Bank , Boston ,
Mechanicks' NI B 'k , Newburyport,
Merchants' N 'l Bank, Newburyport,

500
1,500

8600 00

00
00
00
00
00

1,570 00
1,035 00
125 00

$ 1,125 00

$ 3,820 00

$ 3,000

$ 3,750 00

1,000

1,125 00

$ 3,750 00
1,030 00
$ 1,780 00

900

100

$ 3,600

$700
550
1,650
1, 100
125

490 00

RAILROAD BONDS.

Boston and Maine Railroad, .
Fitchburg Railroad , .

.

.

$ 1,000 1 $ 1,875 00

BANK COMMISSIONERS' REPORT.

136

[ Jan .

· HAMPDEN SAVINGS BANK - SPRINGFIELD .
Incorporated 1852. Number of corporators, 48. .
Peter S. BAILEY, Treasurer.
ELIPHALET TRASK , President.
STATEMENT.
LIABILITIES.

Deposits, .
Guaranty

Earnings undivided , |
fund,

ASSETS.

$ 1,672,512
26 Public funds, .
8 ,884 50

$ 268,158 00

26,000 00 Bank
stock,
Loans on bank

273,529 00
16 ,775 00

Loans on public funds, .

22,000 00

stock ,

Loans on railroad stock, .

1,500 00
180,926 19
776 ,130 00

Real estate by foreclosure,
Loans on real estate, .

.

152,334 69
8 ,000 00
1,514 51

Loans on personal security , .
Deposit in banks on interest, .
Expense account, . .

200 00

Loans on bank books,
Cash on hand and in bank,

6 ,029 37

$ 1,707,396 76

$ 1,707,396 76

On 95 shares Agawam National Bank , .
On 25 shares Third National Bank ,
.

.
.

.
.

.
.

.
.

. $ 20,000 00
. 2,000 00

.

.

.

. . . $ 2,275 00

.
.

.
.

.
.

.

.
·
.
.

·
.
.

.

.

::

. .
· ·
. .
. .
. .

.
.

.
.

On 20 shares John Hancock National Bank , . . .
On 51 shares Chapin National Bank, .
Amount of real estate held by foreclosure,
Assessed value of the same, . . .
Amountof incomereceived from the same,
Amount of municipal tax on real estate,

.

. . . . . . ..

Loans on Public Funds, amount on each : --On $ 20,000 United States 4.}s, . . . . .
On $ 2,000 United States 48, . . . . .
Loans on Bank Stock, amount on each :
On 25 shares City National Bank , Springfield , .

.
.

8,300 00

.·

2,000 00
1,200 00
3,000 00
.· $ 180,926 19

.

.

128 ,700 00

. .
. .

9,200 00
1,627 00

Cash on Deposit in Banks, amount in each :
Holyoke National Bank, Springfield , .

.

.

.

.

.

.

.

$6,000 00

Agawam National Bank , Springfield, .

.

.

.

.

. .

.

Maverick National Bank, Boston, .

.

.

.

.

.

.

2,500 0000

.

.

.

. 879,056 93

.

Whole amountof interest or profits received or earned,

Rate and amount of each semi-annual dividend for previous / 2 per cent., S 31,823 14
year, . . . . . . . . . . . ) 2 per cent.,
Times for the dividends fixed by the by -laws: February 15 and August 15.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 7.
The total amount of loans, with each specified rate of interest : $ 20,000 ,
4 per cent.; $ 927 ,039, 5 per cent.

32,117 46

Number of outstanding loans which are ofan amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

Aggregate amount of the same,

.

..

.

.

.
.

.
.

.
.

. 212
. .

286 ,414 00

Amount of investments from which no incomeis received, .
Number of open accounts, . . . . . . .

.
.

.

.
3,504

13,500 00

1883.]

137

PUBLIC DOCUMENT - No. 8.

Number and amountof deposits received for previous year,

.

2,677 $ 364,429 28

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 274 166,143 00
Number and amount of withdrawals, . . . . . . 2,223 338,711 56

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 : September 27.

.
.
.
.

. 679
. 676
. .
. .

6 , 250 00

10,000 00

PUBLIC FUNDS.
Estimated

Par Value.

United States 4s, .

.

.

Market Value.

Amount Inrested .

. $ 250,000 $298,750 00 $ 268,158 CO

BANK STOCK .

First Nat'l Bank, Chicopee, .
First Nat'l Bank , Boston, .
Hide and Leather Nat'l B ’k , Boston ,
Hadley Falls Nat'l Bank , Holyoke, .
Merchants' Nat'l Bank , Boston ,
Monson Nat'l Bank,Monson, .
Commerce Nat'l Bank , Boston,
Third Nat'l Bank , Springfield ,
Revere Nat'l Bank, Boston, .
Webster Nat'l Bank , Boston, . .
Ware Nat'l Bank, Ware, . .

Holyoke Nat'l Bank, Holyoke,
Hanipshire Co. N 'I B ’k ,Northampt'n ,
Pynchon Nat'l Bank, Springfield , .
First Nat'l Bank, Northampton ,
Wachusett Nat'l Bank, Fitchburg ,
First Nat'l Bank, Springfield , .
Chapin Nat'l Bank , Springfield , .
Republic Nat'l Bank , Boston, . .

Suffolk Nat'l Bank , Boston , .
Continental Nat'l Bank, Boston ,
Redemption Nat'l Bank, Boston,
Freeman's Nat'l Bank , Boston,. .
State Nat'l Bank, Boston, . .
North America Nat'l Bank, Boston,
Eliot Nat'l Bank , Boston,
.
Shawmut Nat'l Bank , Boston, ..

Agawam Nat'l Bank,Springfield, .

$ 1,000

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

$6 ,400
5 ,656
8 ,325
6 ,000
32,200
3,000
8 ,925
12,950
8,550
4 ,320
9,750
18 ,000

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

4 ,920
11,375
4 ,200
9 , 100

00
00
00
00

7 ,500 00

$ 5 ,030 00

2,800
7 ,500
4 ,732
27 .210
2,200
10 ,865

11,560 00
7,500 00
4 ,292 00

10,050 00
15 ,000 00
4 ,100 00

10,985 00
3,000 00
5 ,000 00
6 ,525 00

5,000

5 ,900 00

5 ,000

6 ,550 00

21,700
6 ,300
4 ,500
5 ,300
6 ,700

5 ,800 00
5 ,500 00
5 ,950 00

5 ,900
5 ,900
5 ,700
6 , 100

5 ,000
5,000
5 ,000
5 ,000
6 ,300
50,000

28 ,750 00

6 ,250 00
4 ,366 00
6 , 150 00

00
00
00
00
00
00

00
00
00
00
00
00
00
00
00

6 ,930 00

7 ,600 00

65 ,000 00

56,480 00

$ 233,800 $ 308,317 00 $273,529 00

138

BANK COMMISSIONERS' REPORT.

[Jan .

HAMPSHIRE SAVINGS BANK - NORTHAMPTON.
Incorporated 1869. Number of corporators, 28.

LUTHER BODMAN , President.

LEWIS WARNER, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, .
:
Earnings undivided ,
Guaranty fund , .

ASSETS .

$ 195, 189 42
1, 900 00
4 .600 00
238,052 05
63,531 64
2,000 00
101,331 08
1,386 14

$593,877 62 Bank stock , . .
Loans on bank stock ,
7,875 00 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,

$607,990 33

$607,990 33
Lonn on Bank Stock :

On 44 shares Hampshire County National Bank, Northampton , .

. . $ 1,900 00

Amount of real estate held by foreclosure, .

.

.

.

.

.

.

$ 4,600 00

Assessed value of the same, .

.

.

.

.

.

.

.

3,000 00

Amount of income received from the same, .
Amount of municipal tax on real estate, .
Cash on Deposit in Bank :

.
.

.
.

.
.

.
.

.
.

.
.

264 00
39 21

.

.

Hampshire County National Bank, Northampton ,

. . . . . $ 101,331 08

Whole amount of interest or profits received or earned ,

.

.

.

. $ 28 ,734 73

Rate and amount of each semi-annualdividend for previous 2 per cent., 10,753 60
year, . . . . . . . . . . . ) 2 per cent , l 11,046 62
Times for the dividends fixed by the by-laws: May 15 and November 15.
The total amount of loans, with each specified rate of interest: $ 18,700,
5 per cent.; $ 254,783.69, 6 per cent.

Number ofoutstanding loans which are ofan amount not exceeding $ 3,000
each, . . . . . .
. . . . . . 178
150,433 69
Aggregate amount of the same, .
1,781
. . . .
Number of open accounts, . .
Number and amount of deposits received for previous year, , 1,244 155,477 33
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . .
Number and amount of withdrawals, .

.
.

.
.

.
.

.
.

.
.

. 134 75,032 59
. 838 117,426 69

Date of examination by commissioner : August 15 .

. . . . .

Number of accounts opened the previous year, . . . .
362
277
.
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond , . . . . . . . . . .

Number of accounts closed the previous year,

1,386 14

10,000 00

1883 .]

139

PUBLIC DOCUMENT — No. 8.
BANK STOCK
Estimated

Hampshire Co. N 'l Bik ,Northampt'n ,
Northampton N 'I B ’k , Northampt'n ,
First Nat'l Bank , Northampton , .
First Nat'l Bank , Easthampton ,

John Hancock N 'I B ’k , Springfield,
Chicopee Nat'l Bank, Springfield , .
Agawam Nat'l Bank, Springfield , .
Mechanics' Nat'l Bank, Worcester , . |
Ware Nat'l Bank , Ware, . .
Union Nat'l Bank, Weymouth ,
First Nat'l Bank, Chicopee, .
Blackstone 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 ,

Commerce Nat'l Bank, 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 Nat'l Bank , Boston ,.
Commonwealth Nat'l Bank , Boston ,
.
Merchants' Nat'l Bank , Boston ,
Atlantic Nat'l Bank, Boston , . .
Atlas Nat'l Bank, Boston , .
Eliot Nat'l Bank , Boston , . .
Hamilton Nat'l Bank , Boston, .
Massachusetts Nat'l Bank , Boston, .
Suffolk Nat'l Bank , Boston ,

.

Revere Nat'l Bank , Boston ,

Shoe and Leather Nat'l B ’k , Boston ,
Globe Nat'l Bank, Boston ,
Third Nat'l Bank, Boston, .
Second Nat'l Bank, Boston, .
Eagle Nat'l Bank, Boston, .
Manufacturers' Nat'l Bank , Boston,.

Par Value.

Market Value.

Amount Invested .

$ 14 ,500
8,300
4 ,100
10 ,000
3,100

$ 56 ,960 00

$52,010 00
12,732 50

14,771 00
5 ,535 00
13,000 00

5 ,488 00
3,898 00

12,450 00

500

4 ,420 00
800 00

800

1 ,120 00

800 00
1,088 00

2,500
1,200

3,500 00
1,624 00

1,300
2,400

1,560 00

3 , 395 00
1,624 00
1,592 50

2,200
10 ,000
3,300
3,500
3 ,200
1,500
4 ,200
3,500

4 ,080
2 ,420
13, 200
4 ,026

00
00
00
00

3,885 00
3,618 00
1,860 00
4 ,872 00
4 ,130 00

3,755 00
3 ,217 50
12,661 00
3,695 00

4 ,477 50
3,797 00
2,505 00
5 , 386 00
4 ,630 00

800
1,000
3,500
700

976 00
3,570 00

4,000

4 ,800 00

3 ,000
900
3,300
3,600
700

4 ,380 00
810 00

3,902 75
4 ,610 00
906 00

1,500

1,695 00

1,920 00

3,000

3 ,660 00

2 ,200
1 ,000
4 ,400
3,000
5 ,000
1,200

2,574 00
7 ,650 00

3,870
2 ,802
1,436
5 ,651
3,600
7,900

1,392 00

1,476 00

1,080 00
1,000
$ 154,200 $ 198,613 00

1,040 00

1,150 00
910 00

1, 368 00
4 ,026 00
4 ,148 00

1,110 00
4 ,810 00
3 ,060 00

1 ,032 00

1 ,147 50
4 ,219 37
896 00
4 ,635 00
4 ,260 00
1,221 75

00
00
25
87
93
00

$ 195 ,189 42

140

BANK COMMISSIONERS' REPORT.

[Jan.

HAVERHILL SAVINGS BANK — HAVERHILL.

Incorporated 1829. Number of corporators, 20.

A . B. JAQUES, Treasurer.'

John A . APPLETON, President.
STATEMENT.
LIABILITIES.

ASSETS.

Deposits , . ..
20 Public funds, . . .
Earnings undivided . $ 3,561,275
15 ,467 59 Loans on public funds,
Guaranty fund ,
.
63,737 12 Bank stock , .

$ 698,300 00
2,000 00
515 ,450 00
60, 100 00

Loans on bank stoc

96 ,000 00
883, 150 00

Railroad bonds,

Loans on real estate ,

1,147,600 00
15 ,000 00

Loans on personal security, .
Loans to counties, cities, or
towns, .
Deposit
in banks. on interest. .
Expense account,

.

217,000 00
36 25

.

6,543 66

Cash on hand, .

$ 3,610,479 91

$ 3,610,479 91
Loan on Public Funds :
On $ 2,000 United States bonds, .

.

.

.

.

.

.

.

.

Loans on Bank Stock , amount on each : On 216 shares Essex National Bank , Haverhill, .
On 153 shares First National Bank , Haverhill, .

.
.

.
.

.
.

.
.

. $ 19,800 00
00
.

On 93 shares Haverhill National Bank, Haverhill, .
On 120 shares First National Bank, Boston, .

.

. . . .

.

$2,000 00

8,900 00
12,000 00
2,000 00
1,200 00

· · · · ·

On 20 shares Shoe and Leather National Bank, Boston ,
On 12 shares First National Bank, Merrimac, .
On 10 shares Merrimac National Bank, Haverhill, . .
1,000 00
500 00
On 10 shares National Bank of Methuen, Methuen , . .
Cash on Deposit in Banks, amount in each :
Haverhill National Bank, . . . . . . . . . . $ 117,000 00
Merrimack National Bank , . · · · · ·
· · · 50,000 00
National Bank of Republic , Boston , . . .
. . . . 50,000 00
Whole amount of interest or profits received or earned , . . . . $ 186,091 73
Rate and amount of each semi-annualdividend for previous / 24 per cent., ) 82,603 81
year,

.

.

.

.

.

.

.

.

.

) 2 per cent., l 68,207 70

.

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: $ 239,500,
4 per cent.; $ 25,000 , 41 per cent.; $ 528,000 , 45 per cent.; $ 215,000, 43 per
cent.; $214,300, 5 per cent.; $ 30,000, 51 per cent.; $ 856,350, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
. . . . . 506
each , . . . . . .
Aggregate amount of the same, . . . . . . . . . 643,550 00
Amount of investments from which no income is received , . . . . 10,000 00
Number of open accounts , . . . . . . . .
9,922
Number and amount of deposits received for previous year, . 6,295 457,235 00

Number and amount of deposits of and exceeding $300 at any one time
for the previousyear, .

.

.

.

.

.

.

.

.

. 382 174,699 00

1883 .]

PUBLIC DOCUMENT — No. 8.

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 cxamination by commissioner : June 9.

141

. 5,633 $ 132,518 65
. 1,477
. 887
.
. . . 4,637 83
.

.

.

20,000 00

PUBLIC FUNDS.
Estimated
Par Value,

United States bonds,

$ 165,000 $ 193,550 00 $165,000 00

..

City and town bonds: .

City of Haverhill, .

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

of Fall River, .
of Portsmouth , N . H ..

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

of Dover, N . H ..

of Cambridge,

of Nashua, N . H ., .
of Somerville, .
of Boston ,

.

.

of Lawrence , .
of Portland, Me., .
of Lynn , .
.
of Charlestown,
of Manchester, N . H .,
of Chelsea , .

Town of Wint
Brookline, .

hrop , :
of
of Natick , .
of Winchester,
of Bradford , .

Market Value. Amount Invested.

..

87 ,500
50 ,000
51,500
46 ,300
45 ,000
35 ,000
30 ,000
30,000
28,000
15 ,000
15 ,000

10,000
5 ,000
1,000
22,000
20,000
20,000
13 ,000
9,000

91,688 00
00
00

55 ,760
59,225
53,708
48,350
40 , 250
31,100
31,750
31,540
15,900
17 ,450
10 ,900
5 ,075
1 ,000

00
00
00
00
00
00
00
00
00
00
00

26 ,180 00
23 ,800 00
20 ,700 00

13,390 00
9,360 00

87,500 00
50 ,000 00
51,500 00

46 ,300 00
45,000 00
35 ,000 00
30 ,000 00
30 ,000 00
28 ,000 00
15 ,000 00
15 ,000 00
10 ,000 00
5 ,000 00
1,000 00
22,000 00
20 ,000 00
20 ,000 00
13,000 00
9 ,000 00

$698,300 $780,676 00 $698 ,300 00

BANK STOCK.
Haverhill Nat'l Bank, Haverhill,
Merrimack Nat'l Bank, Haverhill,
Essex Nat'l Bank, Haverhill, .
First Nat'l Bank, Haverhill,
Methuen Nat'l Bank , Methuen ,
First Nat'l Bank ,Malden , .
Bay State Nat'l Bank, Lawrence ,
Andover Nat'l Bank , Andover,
Boston Nat'l Bank, Boston , .
North America Nat'l Bank, Boston ,
Redemption Nat'l Bank, Boston ,
Republic Nat'l Bank , Boston , .
Hide and Leather Nat'l B 'k , Boston,
Atlas Nat'l Bank, Boston,
.

$ 37,500

$55,500 00

27,500

42,625 00
20,875 00

16 ,700
13,000
10 ,000
10 ,000

3 ,750
3,200
26 ,700

16,900 00
12 ,000 00
13,000 00
6 ,250 00
3 ,840 00

31,506 00

26 ,700
25,400

29 ,370 00
27,900 00

Blackstone Nat'l Bank, Boston,

22,500
20 ,000
20 ,000

Exchange Nat'l Bank , Boston,.

15 ,000

20 ,000

33,274 00
22 ,000 00

24 ,200 00

21,600 00
20 ,250 00

$ 37,500
27 ,500
16 ,700
13,000

00
00
00
00

10 ,000 00
10 ,000 00

3,750 00
3, 200 00
26 ,700 00
26 ,700 00
25 ,400 00
22,500 00

20 ,000
20,000
20 ,000
15,000

00
00
00
00

142

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK — Concluded.
Estimated

Par Value.

Shawmut Nat'l Bank, Boston, .
North Nat'l Bank, Boston ,

Suffolk Nat'l Bank , Boston, .
Howard Nat'l Bank , Boston, .
City Nat'l Bank , Boston , .

.

Maverick Nat'l Bank, Boston , .
Traders' Nat'l Bank , Boston , .

Continental Nat'l Bank, Boston ,
Globe Nat'l Bank, Boston , .
Manufacturers' Nat'l Bank , Boston,
Eagle Nat'l Bank , Boston , . . .
Third Nat'l Bank, Boston, . .
Faneuil Hall Nat'l Bank , Boston,
Shoe and Leather Nat'l B 'k , Boston ,

$ 15 ,000

$ 16 ,350 00

15 ,000 · 19,200 00
17,550 00
15 ,000
15 ,000
15 ,000
10 ,000
10 ,000

10 ,000
10 ,000
10 ,000
10 ,000
10 ,000
10 ,000

7 ,500

Hamilton Nat'l Bank , Boston
ou ,, ..

7,500

Fourth Nat'l Bank, Boston, .
Columbian Nat'l Bank , Boston ,
Webster Nat'l Bank, Boston, .
First Nat'l Bank, Boston,
Central Nat'l Bank , Boston ,
Everett Nat'l Bank , Boston , .
Eliot Nat'l Bank, Boston,
.

7,500
5 ,000

State Nat'l Bank , Boston,

Market Value. AmountInvested

5 ,000
5 ,000
5 ,000
5 ,000
5 ,000
5 ,000

18,300 00

17 ,700 00
22 ,500 00
9,200 00

11,800
10,700
10 ,500
11,200
10 ,100
13,000
7 ,875

00
00
00
00
00
00
00

8 ,850 00
8 ,250 00

6 ,500
5 ,400
10 , 100
7,500

00
00
00
00

$ 15,000
15 ,000
15,000
15 ,000
15 ,000
10 ,000
10,000
10 ,000
10 ,000
10 ,000
10 ,000

00
00
00
00
00
00
00
00
00
00
00

10 ,000
10 ,000
7 ,500
7 ,500

00
00
00
00

7,500 00

5 ,000 00
5 ,000 00
5 ,000 00
10 .000 00

5 ,650 00

5 ,000. 00

5 ,950 00
6 , 150 00

5 ,000 00
5 ,000 00

$510,450 $641,415 00 $515,450 00
RAILROAD Bonds.
Boston and Maine Railroad, .
Old Colony Railroad,
West Amesbury Branch Railroad ,

$92,250 00
17 ,650 00
7,200 00

$75 ,000 00

$ 96,000 $ 117,100 00

$96,000 00

$75 ,000
15,000

6 ,000

15 ,000 00
6,000 00

PUBLIC DOCUMENT — No. 8.

1883.]

143

HAYDENVILLE SAVINGS BANK - HAYDENVILLE .

Incorporated March 17, 1869. Number of corporators, 82.
B. S. Johnson, Treasurer.

ElxatiAN GRAVES, President.
STATEMENT.

LIABILITIES.

ASSETS.

Deposits, . .
Earnin undivided ,
Guarangs
ty fund ,

$ 35,597 05

$ 211.680 43 | Public funds, .
9,556 56 ' Bank stock , .
3 ,088 87 Railroad bonds

.

.

13,469 00
5,737 50
4,000 00

Realestate by foreclosure,
Loans on real estate,. :

95 ,053 31
47,143 53

Loans on personal security ,
Loans to counties, cities, or
towns, . . .
Deposit
in banks on interest. .
Expense account,

Cash on hand, .

4 ,300 00
17,599 11
327 14

1,099 22

.

$ 224,325 86

$ 224,325 86

Amount of real estate held by foreclosure, .
Assessed value of the same, . .

..

Amount of incomereceived from the same, .

.

.

.

.

.

..

Amount ofmunicipal tax on real estate,

.

. .

.

.

.

.

.

.

. $ 10,073 09

.

$ 4,000 00

2,243 00
180 93
19 07

Cash on Deposit in Banks,amount in each :
Conway National Bank, Conway, . . . .
City National Bank, Holyoke, . . . .
Hampsbire County National Bank, Northampton,
First National Bank, Northampton, . . .

.

. . . . .

.
.
Whole amount of interest or profits received or earned ,

.
.
.

.
.
.

.
.
.

Rate and amount of each semi-annualdividend for previous | 2 per cent.,S
year,

.

.

.

.

.

.

.

.

.

.

.

5 ,000 00

. 2,407 11
118 91
.
. $ 11,529 00

2 per cent., ?

3,913 90
4 ,108 74

Times for the dividends fixed by the by-laws: second Tuesday in January
and July.
Averageannual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 66.

The total amount of loans,with each specified rate of interest: $2,500,
5 per cent.; $ 5,000 , 54 per cent.; $ 138,996.84, 6 per cent.

Number of outstanding loanswhich are ofan .amount
not exceeding $3,000
. . . . . 234
each ,

.

.

.

.

.

.

.

Aggregate amount of the same, . . . . . .
Amount of investments from which no income is received, . . . .
Number of open accounts, . . . . . . . . . 834
Number and amount of deposits received for previous year, . . 536
Number and amount of deposits of and exceeding $ 300 at any one time
for theprevious year, . . . . . . . . . . 49
Number and amount of withdrawals, . . . . . . . 454
Sumber of accounts opened the previous year, . . . . . 149
Number of accounts closed the previous year, . . . . . 113
Amountof expenses of the corporation during previous year, . . .
Amount of treasurer's bond , . . . . . . .
. .
Date of examination by commissioner : August 14.

134,796 84
10,746 27

56,395 30
26 ,236 49

45,803 14
1,272 50
20,000 00

144

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.
Estimated

City bonds :
City of Holyoke 7s, . .
.
of Boston 5s, .
of Providence, R I., 5s,
of Charlestown 6s, .
of Cambridge 6s, .

of Chicago 75, ·

·

.
.
.
.

·

Par Value.

Market Value.

Amount Invested .

815 ,000

$ 19,094 55
3,060 00

$ 19 ,094 55

3,000
1,000

1,017 50
5 ,750 00

1,017 50
5 ,750 00
5 ,575 00

5,000
5 ,000
1,000

5 ,575 00
1,100 00

$ 30,000 $ 35,597 05

3,060 00
1,100 00

$35,597 05

BANK STOCK
$8 ,625 00
5 ,590 00
375 00

$ 7,834 00
5 ,290 00
345 00

$ 11,500 $ 14,590 00

$13,469 00

Conway Nat'l Bank, Conway, . .
Easthampton N 'I B 'k , Easthampton,

$6 ,900

Hampshire Co N 'I B 'k ,Northampt'n ,

300

4,300

RAILROAD BONDS.
Boston and Albany Railroad 78,

$5,000

$6,350 00

$5,737 50

1883.]

PUBLIC DOCUMENT — No. 8.

145

HINGHAM INSTITUTION FOR SAVINGS – HINGHAM .

Incorporated April 2, 1834. Number of corporators,68.
HENRY C. HARDING, Treasurer.

DANIEL BASSETT, President.
STATEMENT.
LIABILITIES.

ASSETS.

Deposits, . .
$ 1,687,920 57 | Public funds,
26 ,668 09 Loans on public funds,
Earnings undivided ,
Guaranty fund,
24 ,270 18 Bank stock,
Loans on bank stock ,
Railroad bonds, . .

$ 50 ,000 00
1,000 00
144,300 00
7 ,000 00
45,000 00

Loans on railroad stock, .
Real estate,
Real estate by foreclosure,

.

107,791 45

Loans on real estate,. .
Loans on personal security,

.
.

826 ,725 13

to counties, cities, or
Loans
towns, .
Deposit
in banks on interest, .
Expense account,

49,000 00
1,542 42
2,259 26

Manufacturing company stock ,
to secure indebtedness, .

3,300 00

.

500 00
3 ,000 00

489,100 00

.

8,340 58

Cash on hand and in banks,

$ 1,738,858 84

$ 1,738,858 84

Loans on Public Funds:

On $1,000 United States 48, . . . . . . . . . . $1,000 00
Loans on Bank Stock :

.

.

.

.

.

.

.

.

Invested in real estate (for banking purposes), .

.

Estimated value of the same, .

.

.

.

Amount of real estate held by foreclosure, .

.

.

Assessed value of the same, . . . .
Amountof income received from the same, .

.
.

.
.

.

.

$7,000 00

$500 00
. . . . $ 3,000 00
3,000 00
. . . . 107,791 45
. . . . 106 ,180 00
4,705 12
1,633 32
. .
.

.

. . . . . . .

On 70 shares Freeman's National Bank,. .
Loans on Railroad Stock :
On 6 shares Boston and Providence Railroad ,

. . .

Amount ofmunicipal tax on real estate,. .
Cash on Deposit in Banks, amount in each :
Hingham National Bank , Hingham , . . . . . . . . $ 2,199 96
Webster National Bank , Boston, . . . . . . . . . 4,417 40
Shoe and Leather National Bank, Boston , . . . . . . . 1,542 42
Whole amount of interest or profits received or earned, . . . . $ 100,842 50
Rate and amount of each semi-annual dividend for previous 2 per cent., 32,652 74
year, . . . . . . . . . . . ) 2 per cent., l 32,939 45
Times for the dividends fixed by the by-laws: first Tuesday in January
and July .
Average annual per cent. of dividends for the term ending at timeof,and
including, lastextra dividend : 73.
The total amount of loans, with each specified rate of interest : $ 137,000,
4 per cent.; $ 197 ,000, 41 per cent.; $ 100,000, 44 per cent. ; $402,700,
5 per cent. ; $ 17,000, 54 per cent. ; $ 11,000, 51 per cent.; $ 448,407, 6 per

cent.; $ 33,700, 64 per cent.; $ 112,618, 7 per cent.; $3,350, 7 % per cent.;
$5,100, 74 per cent.; $ 450; 8 per cent.

BANK COMMISSIONERS' REPORT.

146

[ Jan .

Number ofoutstanding loans which are ofan amountnot exceeding $ 3,000
.

.

.

Aggregate amount of the same,
Number of open accounts, .

each,

.

.

.

.

.
.

.

.

.

.

.

.

•
.

•
.

. 253

. $ 245,331 00
3,730

Number and amount of deposits received for previous year, , 1,304 120,143 69
Number and amount of deposits of and exceeding $ 300 at any one time
98

52 ,497 88

.

1,418

163,031 49

Number of accounts opened the previous year, . . . .
Number of accounts closed the previous year, .
.
Amount of expenses of the corporation during previous year, .

. 270

Amount of treasurer's hond , .

.

.

.

.

.

.

Number and amount of withdrawals , .

.

.

.

.

.

for the previous year, .

.

.

.

.

.

.

.

.

. 313
. .
.

3,322 82
20,000 00

Date of examination by commissioner : July 25.
PUBLIC FUNDS.
Par Value.

City of Boston 4s, .

$50,000

.

Estimated
Market Value AmountInvested .

$53,000 00

$50 ,000 00

$ 11,900 $ 12,580 00

$ 11,800 00

00
00
00
00
00
00

1,500 00
2,000 00

BANK STOCK .
Hingham Nat'l Bank , Hingham ,
Abington Nat'l Bank , Abington, I
Brockton Nat'l Bank, Brockton ,
Old Colony Nat'l Bank, Plymouth , : |
Union Nat'l Bank, Weymouth ,
First Nat'l Bank, Chelsea, .
Atlantic Nat'l Bank, Boston , .
Atlas Nat'l Bank, Boston .
City Nat'l Bank , Boston , .
Commerce Nat'l Bank, Boston,

Eagle Nat'l Bank, Boston,
First Nat'l Bank , Boston , .
Globe Nat'l Bank, Boston ,
Hamilton Nat'l Bank, Boston , .

Market Nat'l Bank , Boston, .
Massachusetts Nat'l Bank , Boston , .
Merchants' Nat'l Bank , Boston, .
New England Nat'l Bank, Boston , .
North America Nat'l Bank , Boston , .
Republic Nat'l Bank, Boston, . .

Revere Nat'l Bank, Boston , .
Shoe and Leather Nat'l B ’k , Boston ,
State Nat'l Bank, Boston ,
Suffolk Nat'l Bank , Boston ,

.

Tremont Nat'l Bank , Boston , . .
Webster Nat'l Bank, Boston , .
Union Nat'l Bank , Boston ,

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

2 ,100
2,160
2,240
3, 192
3,750
5 ,700

9,075 00
6 ,372 00
9,758 00
11, 200 00
10, 100 00
4 ,280 00
4,956 00
3,600 00
2,240 00
10 ,500 00

2 ,700 00
8,800 00
9,300 00
12,768 00
6 ,825 00
3 ,198 00
4,212 00

1,600
2,800
3,000
3 ,800
7 ,500
5 ,400
8 ,200
10 ,000
5 ,000

00
00
00
00
00
00
00
00
00

4 ,000 00
4 ,200 00

3 ,600
2,000
7 ,500
2,000
8 ,000
7 ,500
11,200
6 ,500

00
00
00
00
00
00
00
00

2,600 00
3,600 00
8 .000 00

9, 120 00
7 ,000 00

5 ,000 00

6 ,480 00

6 ,000 00

$ 144,400 $ 174,206 00 $ 144,300 00

1883. ]

PUBLIC DOCUMENT - No. 8 .

147

RAILROAD BONDS.
Estimated
Par Value.

Boston and Albany Railroad 7s,
Boston and Lowell Railroad 7s,
Boston and Maine Railroad 7s,
.
Old Colony Railroad 7s, .

Eastern Railroad 6s,

.

Market Value. AmountInvested.

$ 10 ,000
10,000
10,000

$ 12,400 00
12, 100 00

10 ,000
5 ,000

12,500 00

12,300 00
5 ,450 00

$ 45,000 $54,750 00

$ 10,000 00
10 ,000
10 ,000
10 ,000
5 ,000

00
00
00
00

$ 15,000 00

148

BANK COMMISSIONERS' REPORT.

[ Jan.

HOLLISTON SAVINGS BANK - HOLLISTON .
Incorporated February , 1872. Number of corporators, 50.

SETH THAYER, President.

ORRIN THOMSON, Treasurer.

STATEMENT.

LIABILITIES.

Deposits , .
Earnings undivided ,
Guaranty fund,

ASSETS.

08 | Public funds,
$ 377,958
10 ,448 85 | Bank stock .,
5 ,400 00 Loans on bank

. .
... . .
stock , .

$ 12,968 75
36 ,428
4 , 100
11,400
20 ,975

Railroad bonds,

Real estate by foreclosure,

Loans on real estate, .

228,445 00

.

28,332 23

Loans on personal security ,
Loans to counties, cities, or
towns,

50
00
00
00

25,540 00

.

Deposit in bankson interest,
Expense account,

19,198
1,858
1,305
150

.

Loan on bank books,
Loans on silver coin
Cash on hand ,

35
07
00
00

3,106 03

$393,806 93

$ 393,806 93

Loans on Bank Stock ,amount on each :
On 42 shares Holliston National Bank, . . . . . . . . $ 2,100 00
On 35 shares CentralNational Bank , .

.

2,000 00

.

Amount of real estate held by foreclosure, . . . . . . . $20,975 00
Assessed value of the same, . . . .
Amount of incomereceived from the same, .

Amount of municipaltax on realestate,

.
.

.
.

.
.

.
.

.
.

. . . . . . .

25 ,460 00
1,207 08
318 45

Cash on Deposit in Banks,amount in each :

Holliston NationalBank, Holliston , . . . . . . . . $ 4,221 68
Pacific National Bank , Boston, . . . . . . . . .
5 ,000 00
. . . . 6 ,088 42
Maverick National Bank, Boston , . .
Commonwealth National Bank , Boston ,

3,888 25
Whole amount of interest or profits received or earned , .
. . $ 19,961 99
Rate and amountof each semi-annual dividend for previous ? 2 per cent., S 7,252 72
year, . . . . . . . . . . . . 2 per cent., ? 7,302 49
Times for the dividends fixed by the by-laws: June and December.
The total amount of loans, with each specified rate of interest : $ 23,232 23,

45 per cent.; $ 2,650, 5 per cent.; $ 251,400, 6 per cent.; $3,000, 7 per
cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000
each, . . . . .
263
Aggregate amount of the same, . . . . . •. . . . 208,573 00
1,173
Number of open accounts , . .
. . . . .
Number and amount of deposits received for previous year, . . 825 87,482 68
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 69 37,766 90
Number and amount of withdrawals, . . . , . . . 907 82,288 34
. 193
.
Number of accounts opened the previous year, .
. . 171
Number of accounts closed the previous year, .
1,300 00
Amountof expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . . . . . .
20 ,000 00
Date of examination by commissioner : June 16 .

1883.]

149

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Estimated

Par Value.

Market Value. AmountInvested.

$ 1,000

$ 4,760 00

$ 1,000 00

State of New Hampshire 6s, .

2,000

2,300 00

2 ,145 00

City of Lewiston, Me., 5s,
of Providence , R . I., 4 s, .
of Worcester 6s, . .

2 ,000
1 ,000

2,250 00
1, 100 00

2,090 00
1,033 75

4,000

4 ,600 00

3,700 00

$13,000

$ 15,010 00

$ 12,968 75

$ 16 ,320 00
2,890 00

$ 15 ,290 00

United States 4s, registered,
State and city bonds :

BANK STOCK .
Holliston Nat'l Bank , Holliston ,
Traders' Nat'l Bank , Boston , .
Home Nat'l Bank , Brockton , .

Franklin Nat'l Bank, Franklin ,
Old Boston Nat'l Bank , Boston ,
Commonwealth Nat'l Bank, Boston,
Blackstone Nat'l Bank , Boston ,
State Nat'l Bank, Boston ,
.
Market Nat'l Bank, Boston , . .
Blue Hill Nat'l Bank ,Milton, .
So. Framingham N 'I B ’k , Fram 'ham , |

$ 12,800
3 ,000
3,000
1,400
2 ,000
1,700
700
2 ,400

1,400
1 ,500
3 ,000

3 , 450 00

1,610 00
2,400 00
1 ,900 00
760 00

2,975
1 ,400
1,740
3,150

00
00
00
00

3,408 75
3,000
1,610
2,470
1,530
644
2 ,727
1,365
1,383
3,000

00
00
00
00
00
00
00
75
00

$38,595 00

$ 36 ,428 50

$5 ,000

$5,500 00

$5,000 00

5 ,700

6 ,400 00

6 ,400 00

$ 10,700

$11,900 00

$ 11,400 00

$ 32,900
RAILROAD BONDS,

Eastern Railroad 6s,.

.

Salem and Lowell R .R ., guaranteed ,

- 150

BANK COMMISSIONERS' REPORT.

[ Jan .

HOLYOKE SAVINGS BANK - HOLYOKE .
Incorporated 1855. Number of corporators, 96 .

R . B. Johnson , Treasurer.

JOEL RUSSELL , President.
STATEMENT.
LIABILITIES .

Assets.

$ 77,100 00

Deposits, . .
81,485,776 35 | Public funds, . .
38 ,003 99 Bank stock ,
Earnings undivided,
22,000 00 Railroad
Loans on bank stock
Guaranty fund,
bonds,

191,129
15 ,700
86 ,000
858, 275
215 ,325
10 ,000
63,555
1,205
8 ,000

Loans on real estate, .

Loans on personalsecurity,
Loans
to counties, cities, or
towns, .

Deposit
in bankson interest,
.
Expense account, .
.
Premium account, .

67
00
00
00
00
00
06
20
00

19,490 41

Cash on hand, . .

$ 1,545,780 34

$ 1,545 ,780 34

Loans on Bank Stock ,amounton each :

On 52 shares Holyoke National Bank,Holyoke, . . . . . . $ 14,800 00
On 4 sbares Hadley Falls National Bank, Holyoke, . . . . .
300 00
On 6 shares Franklin County National Bank, Greenfield , ,

,

,

,

600 00

Cash on Deposit in Banks, amount in each :

Maverick National Bank , Boston, . . . . . . . . . $25,806 99
Holyoke National Bank , Holyoke, . . . . . . . . . 37,748 07
$78,490 49
Whole amount of interest or profits received or earned ,
Rate and amount of each semi-annual dividend for previous / 2. per .cent.,. 26,504 69
. . 2 per cent.,
year,

.

.

.

.

.

.

.

.

.

.

26 ,720 32

Times for the dividends fixed by the by-laws: January and July
The total amount of loans, with each specified rate of interest: $ 16,600,
43 per cent.; $ 1,034,800, 5 per cent. ; $ 7,900 , 6 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

. 220

Aggregate amount of the same, . . . . . . . . .
4,620
. .
Number of open accounts, . .
Number and amount of deposits received for previous year, . 7,891
Number and amountof deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 285
Number and amount of withdrawals, . . . . . . 4,000
Number of accounts opened the previousyear, . . . . 1,248
Number of accounts closed the previous year, . . . . . 900
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond , . . . . . . . . . .
Date of examination by commissioner : August 3.

256,145 00
474,015 00
166,452 00

432,882 68
3,930 17
25,000 00

PUBLIC DOCUMENT — No. 8.

1883.]

151

PUBLIC FUNDS.
Estimated

United States 3 s, .
66 6s, currency,
"

66

4s,

"

4 ' s, .

Par Value.

Market Value.

Amount Invested .

$ 10,000

$ 10,000 00
12,900 00
826 00

$ 10,000 00

450 00

400 00

19,890 00
5 ,600 00

17 ,000 00
5 ,000 00
3 ,000 00

10,000
700
400

.

10,000 00
700 00

State, city , and town bonds:
State of Massachusetts , .
City of Holyoke,6s,.
of Fall River 6s, .

.

17,000

Town of Fair Haven, Vt., 5s, .

5 ,000
3,000
3 ,000
1,000
25 ,000
1,000
1,000

of Boston 6s, .

.

of Boston 5s, .

.

of Boston 4s, .
of Chelsea 6s, .

.
.

3 ,600
3,700
1 ,100
25 ,750
1, 185

00
00
00
00
00

3,000 00
1,000 00
1,000 00

25 ,000 00

1,035 00

1,000 00

$77,100 $86,036 00

$77,100 00

BANK STOCK .
Holyoke Nat'l Bank, Holyoke, .

.

Hadley Falls Nat'l Bank , Holyoke, .
Agawam Nat'l Bank, Springfield , . |
First Nat'l Bank , Springfield , .
Second Nat'l Bank, Springfield, il
Third Nat'l Bank, Springfield ,

Nat'l Bank , Springfield, .
Chicopee
John Hancock N 'I B’k , Springfield,

$ 35 ,600
13,400
5 ,000
13,900
5 ,000
13,500
3,100
8 ,700

First Nat'l Bank, Northampton,
Northampton N 'l B ’k , Northampton,

10 ,000

Hampshire Co. N 'I B ’k , Northampt'n ,

.

2 ,000
4 ,200

Railroad Nat'l Bank, Lowell, :
Townsend Nat'l Bank , Townsend, .
Shelburne Falls Nat'l Bank , Shel

3,400
9,700

First Nat'l Bank , Easthampton,
burne Falls,

Conway Nat'l Bank, Conway, .
First Nat'l Bank ,Westfield ,
First Nat'l Bank, South Adams,

Pittsfield Nat'l Bank, Pittsfield,
Monson Nat'l Bank , Monson , .

Franklin Co. Nat'l Bank,Greenfield ,

First Nat'l Bank , Newburyport,
Miller's River Nat'l Bank , Athol, .
Merrimack Nat'l Bank, Haverhill, .
First Nat'l Bank , Haverhill, .

7,600

300
5 ,700
400
2 ,200
1 ,100
1 ,800
1 ,000

1,000
800
100
200

$42,700 00

$ 36 ,062 00

21, 120 00
6 ,000 00

19,799 67

20,850 00
8 ,000
4 ,650
10 ,015
13,500
11,400
2,400

00
00
00
00
00
00

21,600 00

5 ,040 00

6 ,687 00
17 ,764 59
9,302 00

20,678 41
4 ,935 00

9 ,997
13,327
11,670
2 ,400
4 ,910

00
50
00
00
00

4 ,420 00

4 ,128 00

12,610 00
405 00

12,713 00

6 ,555
560
2 ,860
1,540
2,700

00
00
00
00
00

6 ,570 00
412 00
2 ,800 00

1 .200 00

1 ,000 00
1,500 00

1,700 00
1,440 00
165 00

280 00

369 50
1,139 00
1,800 00

800 00
165 00
200 00

$ 149,700 $ 203,710 00 $191,129 67

152

BANK COMMISSIONERS' REPORT.

[ Jan .

RAILROAD BONDS.
Par Value.

Boston and Albany Railroad 6s,
.
Boston, Rev. Beach & Lynn R . R .6s,
Old Colony Railroad 6s, . .
Nashua and Lowell Railroad 6s, il
Boston and Maine Railroad 7s,
Connecticut River Railroad, .
Boston and Lowell Railroad 5s,

$ 5 ,000

5 ,000
5 ,000
8,000
8,000
5 ,000
50 ,000

Estimated
Market Value.

$ 5 ,700 00
5 , 250 00

5 ,750 00
9 ,000 00

8,800 00
5,500 00

50 ,000 00

$ 86 ,000 $ 90,000 00

Amount Invested.

$ 5,000
5,000
5 ,000
8 ,000
8,000
5 ,000
50,000

00
00
00
00
00
00
00

$ 86 ,000 00

1883.]

153

PUBLIC DOCUMENT — No. 8.
HOME SAVINGS BANK - BOSTON .

Incorporated 1869. Number of corporators,58.
W . E . Hoopen, Treasurer.
CHARLES H . ALLEN, President.
STATEMENT.
LIABILITIES.

ASSETS.

24 | Public funds, .
. . $ 1,803,986
Deposits,
241,240
00 || Bank
Loansstock
on public
funds,
Earnings undivided,
20,000
00
,
:
,
fund
Guaranty
Loans on bank stock , .

$ 57,250 00
1,300 00
381,918 44

.

27 ,200 00
151,000 00

Real
estate by foreclosure,
Loans on real estate , . .

917 ,656 80

Loans
to counties,
cities,. or.
towns, .
.
.

390 ,475 00
24 ,000 00

Deposit
in bank on interest, .
Expense account,

31,308 17

Loans on personal security,

836
907
70,000
1,090
636

Taxes, etc., , . .
Suspense account, .
Savings Bank book, Provident,t
Savings Bank book, Union , t .
Cash on hand , . .

3,646 84
$ 2 ,068,226 24

$ 2,068,226 24

Loans on Public Funds,amount on each :
On $800 United States 4s, .
. . . . . . . .
On $500 United States 4ds, . . . . . . . . . .
Loans on Bank Stock , amount on each :
On 40 shares CentralNational Bank , Boston,
.

On 7 shares ShawmutNational Bank, Boston,
On 6 shares Commerce National Bank, Boston ,
On 2 shares Merchants' National Bank, Boston , .
On 3 shares Webster National Bank, Boston, .
On 3 shares Second National Bank, Boston, . .

.

.

.

.

.

.

.

.

. .

.

.
.

.

· · · ·

Amount of municipal tax on real estate,

. .

· · · ·

On 6 shares First National Bank, Yarmouth ,
On 8 shares Old Colony Railroad, . . . .
Amount of real estate held by foreclosure, . .
Assessed value of the same, . . . . .
Amount of income received from the same, . .

.

· · · · · · · · · · · · · ·

On 4 shares Traders' National Bank, Boston,

On 5 sbares Exchange National Bank, Boston , .

.

· · · · · · · · · · · · · ·

On 50 shares Dedham National Bank , Dedham , . . .
On 96 shares South Reading National Bank , Wakefield,
On 19 shares Bristol County National Bank, Taunton , .
On 4 shares Taunton National Bank, Taunton, . .
On 5 shares Old Boston National Bank, Boston, .
On 2 sbares Eagle National Bank, Boston, . .

.

· · · · · · · · · · · · · · · · · ·

.

· ·

On 32 shares Boylston National Bank, Boston , .

28
33
00
58
80

$800 00
500 00
84,000 00
3,200 00
5 ,000 00
9 ,000 00

2,000 00

4 ,000 00

.
.

. $ 154,000 00
. 124 ,400 00

.

.

5 ,786 93
1,878 44

Cash on Deposit in Bank :
CentralNational Bank, Boston , .

.

.

.

* Loans past due on which there may be a partial loss.
1 Taken in payment for real estate .

$ 34,308 17

154

BANK COMMISSIONERS' REPORT.

Whole amountof interest or profits received or earned ,

.

.

.

[Jan.
. $ 109,093 16

Rate and amount of each semi-annual dividend for previous / 2 per cent., 34 ,376 84
. . . \ 2 per cent , ? 33,898 37
year, . . . . . . .
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: $20,000,
31 per cent.; $ 14,000, 4. per cent.; $ 30,000, 48 per cent.; $ 321,450, 5 per
cent.; $ 139,975, 55 per cent.; $631,612.80, 6 per cent.; $62,550 , 6 } per
cent.; $ 126,294, 7 per cent.; $ 3,700, 7 % per cent.; $ 24,250 , 75 per cent.;
$ 6,800 , 8 per cent.

Number of outstanding loanswhich areofan amount not exceeding $ 3,000
each ,

Aggregate amount of the same,

.

.

.

.

.

.

Amount of investments from which no income is received, .
Number of open accounts, . . . . . . .
Number and amount of deposits received for previousyear,

.

.

184,856 80

. . . . 71,200 00
. 13,139
. 4,151 352,981 13

Number and amountof 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,

.

.

.

.

.

. 307

$ 9 . 916 16

5,212 463,812 08
. 965

1,757

Amount of expenses of the corporation during previous year, .

.

.

13,862 27

Amount of treasurer's bond, . . . . .
Date of examination by commissioner : March 6.

.

.

20,000 00

.

.

PUBLIC FUNDS.
Estimated
Par Value.

Market Value.

Amount Invested .

. $52,500 $62,737 50 | $57,250 00

United States 4s,registered, .

BANK STOCK .
$ 18,000
8 ,100
1,400

Atlas Nat'l Bank , Boston ,

Blackstone Nat'l Bank, Boston,
Boston Nat'l Bank , Boston ,
Columbian Nat'l Bank, Boston,
Eliot Nat'l Bank , Boston,
Everett Nat'l Bank , Boston, .
First Nat'l Bank, Boston, .

4 ,000

5 , 200

Freeman 's Nat'l Bank, Boston ,
Hide and Leather Nat'l Bik , Boston ,
Howard Nat'l Bank , Boston ,

Hamilton Nat'l Bank , Boston, .
Market N 'l B 'k of Brighton , Boston ,
Market Nat'l Bank, Boston , .
Massachusetts Nat'l Bank, Boston , .
Merchants' Nat'l Bank, Boston,

New England Nat'l Bank, Boston , .
North Nat'l Bank, Boston ,
North
America Nat'l
Bank , Boston,
Redemption
Bank Boston
Nat'l

,

,

Revere Nat'l Bank, Boston , . .

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

$ 21,802 50

8 ,788
1,659
5 ,220
6 ,188
7,910
18,225

50
00
00
00
00
00

11,368 00

5 ,500 00
15 ,616
9 ,440
6 ,625
15 ,000
5 ,600
14 ,062
27 ,000
25 ,750
5 ,537
14 ,803
17 , 100

00
00
00
00
50
00
00
50
00
00
00

$ 20,700 00
8 ,856 00
1,332 00
5 , 251 20

5 ,616 00
7 ,875 00
16 ,650 00
10 ,584 00
5 ,600 00

13 ,908 87
9 .440 00
4,981 50
15 ,900 00
5 ,500 00

12,593
26 ,800
23,400
5 ,400
14,690

00
00
00
00
00

16 ,800 00

1883. ]

PUBLIC DOCUMENT - No. 8 .

155

BANK STOCK — Concluded.
Estimated
Par Value.

Republic Nat'l Bank, Boston , . .
Second Nat'l Bank, Boston , .
Shoe and Leather N 'I Bank, Boston ,

Shawmut Nat'l Bank , Boston , .
Suffolk Nat'l Bank , Boston ,

.

Tremont Nat'l Bank, Boston , .
Union Nat'l Bank , Boston , .
Webster Nat'l Bank , Boston , .

$ 18,000
18,000
40,000
8, 200
4 ,000
18,200
10 ,000
5,000

Market Value. Amount Invested .

$ 22,455 00
19,755 00
60 ,800 00
8 ,651
4 ,680
20 ,748
14 ,000

00
00
00
00

5 ,418 75

$ 22,564 87
21,240 00
56 ,000 00
9.676 00

4 ,810 00

20,020 00
13,600 00
5 ,100 00

$316,000 $399,702 75 | $381,918 44

156

BANK COMMISSIONERS' REPORT .

[ Jan .

HOOSAC SAVINGS BANK - NORTH ADAMS.

Incorporated 1871. Number of corporators, 42.
0 . A . ARCHER, President.

C. H . INGALLS, Treasurer .
STATEMENT.

LIABILITIES .

Deposits, . .
Earnings undivided ,
Guaranty fund ,

ASSETS.

$ 7,805 00

$ 163,986 24 Public funds,
1,911 86 Bank stock ,
1,533 54 Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security ,
Expense account,

.

5,020 00
7,927 43
50,571 79

77,065 36

450 55

..

Property , : , : , in

443 64

Cash on hand and in bank, .

18,147 87
$ 167,431 64

$ 167,431 64

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

. . .
. . .
. . .

.. .

.

.
.
.

.

.
.
.
.

. $ 7,927 43
00
. 6 ,000
600 00
.
90 00
.

Cash on Deposit in Bank :

Berkshire National Bank, . . . . . . . . . . $ 17,151 31
Whole amount of interestor profits received or earned , . . . . $ 9,893 20
Rate and amount of each semi-annual dividend for previous / 2 per cent., S 2,505 65
year, . . . . . . . . .
. 2 per cent., l 2,671 76
Times for the dividends fixed by the by-laws: June 1 and December 1.
The total amount of loans, with each specitied rate of interest : $ 13,400,
5 per cent.; $ 7,000, 5 per cent.; $ 107,237 .15, 6 per cent.

Number of outstanding loanswhich are of an amount notexceeding $ 3,000
.

.

Aggregate amount of the same,

each, .

.

.

.

.

Number of open accounts,

.

.

.

.

.

.

.

.

. 79

67,334 40
826

Number and amount of deposits received for previous year, . . 657 69,134 02
Number and amount of deposits of and exceeding $ 300 at any one time
for theprevious year, . . . . . . . . . . 66 43,732 24
Number and amount of withdrawals, . .
. . . . 386 50,338 28
Number of accounts opened the previous year, . . . . . 159
Number of accounts closed the previous year, . . . . . 124
Amountof expenses of the corporation during previous year, . . . 1,280 55
Amount of treasurer's bond , . . . . . . . . . . 20,000 00
Date of examination by commissioner : June 6.

1883.]

PUBLIC DOCUMENT — No. 8.

157

PUBLIC FUNDS.
Estimated

Par Value.

Town of Pawtucket, R . I.,5s, .

$7,000

Market Value. AmountInvested .

$7,805 00

$7,805 00

$700
3 ,800

$ 980 00
4,500 00

4 ,180 00

$ 1,500

$5,480 00

$5,020 00

BANK STOCK .

Adams Nat'l Bank, North Adams, .
Berkshire Nat'l Bank,North Adams,

$840 00

158

BANK COMMISSIONERS ' REPORT.

[Jan.

HOPKINTON SAVINGS BANK - HOPKINTON .
Incorporated March 23, 1867. Number of corporators, 29.
E. D. Bliss, Treasurer .
A . A . Sweet, President.
STATEMENT.
LIABILITIES .

Deposits,
.
Earnings undivided,
Guaranty fund,

ASSETS.

$ 40,062 50

$ 294, 284 33 | Public funds, .

8,909 4320 | Railroad
Bank stockbond
, ..
5,999
Real estate by foreclosure,
Loans on real estate,

67.898
76, 977
2 ,580
109,298
9,600
2,650

Loans on personal security ,
Deposit in bank on interest,
Cash on hand, . . .

124 76

$ 309,192 96

$ 309,192 96

Amount of real estate held by foreclosure, .
Assessed value of the same, .

.

99
50
33
30
00
58

.

.

.

Amount of incomereceived from the same, .
Amount of municipal tax on real estate, .

.
.

.
.

.

.

. .

$ 2,580 33
3,225 00
216 00
42 90

Cash on Deposit in Bank :

Hopkinton National Bank , . . . . . . . . .
Whole amount of interest or profits received or earned , . . . .
Rate and amount of each semi-annualdividend for previous | 23 percent.,
year, . . . . .
. . . .
J2 per cent., 1
Times for the dividends fixed by the by -laws: May 1 and November 1.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 64.
The totalamount of loans,with each specified rate of interest: $ 111,308.30,
6 per cent.; $ 7,540,64 per cent.; $50, 7 per cent.
Number of outstanding loans which areofan amount not exceeding $ 3,000
each , .
.
.
.
.
.
.
.
.
.
.
.
. 205
Aggregate amount of the same, . . . . . . . . .
Amount of investments from which no incomeis received, . . . .
Number of open accounts, . . . . . . . . 1,012
Number and amount of deposits received for previous year, . . 639
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

Number and amount of withdrawals, . . . .

.
.

. 42
. 573

Number of accounts opened the previous year, . . . . . 160
Number of accounts closed the previous year, . . . . . 126
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer 's bond, .

.

.

.

Date of examination by commissioner : June 16.

.

.

.

.

.

.

$ 2,650 58
$ 18,799 71
6,215 49
5,631 11

98,348 30

9,331 25
53,765 12
22,441 00
50 ,618 30
963 41

10,000 00

1883. ]

PUBLIC DOCUMENT - No. 8.

159

PUBLIC FUNDS.
Par Value.

City bonds:
City of
of Portland
,Me.,
Belfast, Me.,

$ 6 ,000
5 ,500
10 ,000

.

of Bangor, Me., .
of Newton , .
of Rockland, Me., .

5,000
2 ,000
8,000

of Pawtucket, R.I., :

Estimated
Market Value.

$ 7,200
5 ,610
12,200
5,975
2,000

00
00
00
00
00

AmountInvested .

$ 6 ,002 50
5 ,686 25

11,581 25

5 ,862 50

8 ,800 00

2 ,060 00
8 ,870 00

$ 36 ,500 $ 11,785 00

$ 10,062 50

BANK STOCK .
$ 9,000

$ 9,832 50

Hideand Leather Nat'l Bank ,Boston ,
Redemption Nat'l Bank , Boston ,
Faneuil Hall Nat'l Bank, Boston, .
Republic Nat'l Bank, Boston, .

1 ,300
5 ,000
1 ,500

1,130 00

1 ,404 00

6 ,550 00
1, 953 00

6 ,990 00

1,500

1,871 25

Continental Nat'l Bank, Boston,
North Natl Bank , Boston , .
Everett Nat'l Bank, Boston, .

5 ,000
3 ,800
6 , 100
4 ,000
2 ,500

5 ,750
4 ,332
7 ,388
5 ,155

Exchange Nat'l Bank, Boston , .

1,000

1,300 00

2,975 00
1,500 00

7,325 00
573 00

9,331 25
6 ,832 50
500 00

$56,200 $56,285 07

$67,898 99

Shawmut Nat'l Bank , Boston ,

Revere Nat'l Bank , Boston ,

Atlas Nat'l Bank , Boston ,

Pacific
Nat'l Bank, Boston, including
assessment, .

10 ,000

Atlantic Nat'l Bank , Boston , .

5 ,000
500

Natick Nat'l Bank, Natick, .

$ 11,023 74
1 ,965
1 ,980
5 ,930
4 ,607
7 ,505
5 ,355

00
00
32
00

2,825 00

00
00
00
50
00
00

RAILROAD BONDS.

$5,000

Boston and Maine Railroad, .
Old Colony Railroad ,
Fitchburg Railroad,

.

8 ,000

Boston, Clinton, and Fitchburg R . R .

8 ,000
7 ,000

.

.

Boston,
Clinton, Fitchburg,and New
Bedford Railroad ,* .
Boston ,Revere Beach and Lynn R .R ..
Salem and Lowell Railroad, .
Nashua and Lowell Railroad, .
Newport and Richford Railroad ,

3,000
10 ,000
10 ,000
10 ,000
10,000

$6,125 00
9,880
9, 165
7 ,840
3,090
11,200
11,000
11,500

00
00
00
00
00
00
00

$ 5 ,185
8,475
8 ,717
7 ,947
3,135
11,592

00
00
50

50
00
50

10 ,100 00

11,050 00
10 ,375 00
10 ,500 00

$ 71,000 $79,900 00

$76 ,977 50

* This bank has been notified that the investment in these bonds is illegal.

160

BANK COMMISSIONERS' REPORT.

[Jan.

HUDSON SAVINGS BANK - HUDSON .
Incorporated 1869. Number of corporators, 46.

Daniel W . STRATTON, Treasurer.

EDMUND M . Stowe, President.
STATEMENT.

LIABILITIES.

Deposits,
Earnings undivided ,
Guaranty fund,

$ 23,756
78
6 , 106 00

funds, .
$ 278,341 74 | Public
1,944 69 Bank stock ,
3,406 31 Railroadon bonds,
real estate ,

20,375 00
6 ,700 00

166,060 00

Loans

Loans on personal security,

to counties, cities, or
Loans
towns, . .

25 ,000 00
30 ,700 00
268 78
457 89

Deposit in banks on interest, .
Expense account, .

.

Profit and loss, .
Cash
on handand in banks,

4,268 29

$ 283,692 74

$ 283,692 74
Cash on Deposit in Banks, amount in each :

Wachusett National Bank , Fitchburg, . . . . . . . . $ 20,076 48
Hudson National Bank, Hudson , .

.

.

.

.

Whole amount of interest or profitsreceived or earned,

.

.

. .

.

.

12,777 77

. . $ 14,770 49

Rate and amount of each semi-annual dividend for previous / 2 per cent.,
year, . . . . . . . . . . . ) 2 per cent.,
Times for the dividends fixed by the by-laws: third Wednesday in January

4,943 03
5 ,023 71

and July .

The total amount of loans, with each specified rate of interest: $2,500,
3 per cent.; $ 25,000, 4 per cent.; $4,000, 5 per cent.; $ 26,200, 54 per
cent.; $ 107,910, 6 per cent.; $ 3,450,65 per cent.; $ 26,550, 7 per cent.;
$ 2,150, 7 ) per cent.

Number of outstanding loanswhich are of an amount not exceeding $3,000

. . 196
. . . 152,235 00
. 1,160
. . 965 70 ,334 00
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . .
39
21,216 00
Number and amount of withdrawals , . .
. . 590 69,275 67
Number of accounts opened the previous year, . . . . . 233
Number of accounts closed the previous year, .
· 160
Amount of expenses of the corporation during previous year, .
748 92
Amount of treasurer's bond, . . . . . . . . . . 40,000 00

. . .same,. . .. .. .. .. ..
each, .amountof
.
Aggregate
the
Number of open accounts, . . . . . . .
Numberand amount of deposits received for previousyear,

Date of examination by commissioner : June 19.

- -

-

ASSETS.

1883.]

PUBLIC DOCUMENT — No. 8 .

101

Public FUNDS.
Estimated

City and town bonds :
City of Worcester funded loans,
of Fall River water bonds,
Town of Northampton , .
of Natick water scrip,

of Hopkinton ,

.

.

Par Value.

Market Value.

Amount Invested .

$ 8,000

$ 9,360 00
6 ,100 00

$ 9,560 00
5 ,225 00

3,570 00
2 ,120 00
5 ,000 00

2,820 00
2 ,064 28

5 ,087 50

$ 26,150 00

$ 23,756 78

$7,011 00

$6,106 00

$ 5,487 50
5 ,550 00
9,990 00

$ 5 ,225 00
5,500 ( 0
9,650 00

$ 19,000 $ 21,027 50

$ 20,375 00

5 ,000
3 .000

2 ,000

5 ,000
$ 23,000

BANK STOCK .

State Nat'l Bank, Boston ,.

.

$5,700

RAILROAD BONDS.

Eastern Railroad , . .
Salem and Lowell Railroad,
Fitchburg Railroad , .

.

$5,000
5 ,000
9 ,000

162

BANK COMMISSIONERS' REPORT.

[ Jan.

HYDE PARK SAVINGS BANK - HYDE PARK .
Incorporated March 8, 1871. Number of corporators, 37.
ROBERT BLEAKIE, President.
HENRY S. BUntox, Treasurer.
STATEMENT.
LIABILITIES.

Deposits, . .
Earnings undivided ,
Guaran
ty fund,

AssetS.

888,188 59 | Bank stock ,

.

.

$ 5 ,000
14,000
40,750
28, 200
3,176
207

3,978 60 | Railroad bonds, . .
808 54 Loans on real estate,
Loans on personal security,
Deposit
in banks on interest,
Expense account,

1,642 56

Cash on hand ,

$ 92,975 73

$92,975 73

Cash on Deposit in Banks, amount in each :
Maverick National Bank , Boston , . . . . .
Commonwealth National Bank, Boston,

00
00
00
00
15
02

.

.

.

.

.

.

.

.

$3,145 41

.

.

30 74

. $6,006 28
Whole amount of interest or profits received or earned, . .
Rate and amountof each semi-annual dividend for previous 2 per cent., S 1,280 80
year, . . . . .
. .
. . 2 per cent.,? 1,387 11
Times for the dividends fixed by the by -laws: January 1 and July 1.
The total amount of loans, with each specified rate of interest: $ 32,100,
6 per cent.; $30,350, 7 per cent.; $6,500, 8 per cent.
Number ofoutstanding loans which are of an amount notexceeding $ 3,000
each , . . . . . . . . . . . . .
Aggregate amount of the same, . . . . . .
. . 38,950 00
Number of open accounts, . . . . . . . . . 638
Number and amount of deposits received for previous year, . 1, 151 68,732 54
Number and amount of deposits of and exceeding $ 300 at any one time
48
27,519 82
for the previous year, . .
Number and amountof withdrawals, . . . . . . . 587 57,936 32

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 : April 29.

220
119

.
.

.
.

811 80

10,000 00

1883 . ]

PUBLIC DOCUMENT — No. 8 .

163

BANK STOCK.

Commerce Nat'l Bank, Boston ,
First Nat'l Bank , Newburyport,

Freeman 's Nat'l Bank , Boston ,

Par Value.

Estimated
Market Value.

Amount Invested .

$ 1,000

$ 1,185 00

$ 1,000 00

1 ,300

1 ,300 00

2,700

1,508 00
3,753 00

$ 5 ,000

$6,446 00

$ 5 ,000 00

$7,700 00

$ 7,000 00

5 ,600 00

5 ,000 00
1 ,000 00

2,700 00

RAILROAD BONDS.
Fitchburg Railroad 5s, .
Boston, Rev . Beach and Lynn R .R .6s,

Boston and Maine Railroad 78,

Old Colony Railroad 7s, .

.

$7 ,000
5 ,000
1,000
1,000

1,240 00
1,240 00

$ 14,000 $15,780 00

1,000 00

$14,000 00

164

BANK COMMISSIONERS' REPORT.

[Jan.

INSTITUTION FOR SAVINGS IN ROXBURY AND ITS VICINITY –
BOSTON .

Incorporated Feb. 22, 1825. Number of corporators, 45.

ARTHUR W . Turts, President.

EDWARD RICHARDS, Treasurer .
STATEMENT.

LIABILITIES.

Deposits, .

Earnings undivided.

Guaranty fund,
Profit and loss,

ASSETS.

$ 2,899,953 91 | Public funds, .
13,198 49 | Loans on public funds, .
60,500 00 Bank stock , .
30,510 00 Railroad
Loans on bonds,
bank stock ,

$ 279,900
00
9,260 00
184,639 97
6 ,000 00

57,321 73

Railroad note,

50,000 00

.
.

133,456 00
942,085 00

Loans on personal security,* .
to counties, cities, or
Loans
towns, .

1,230 ,185 66

Real estate by foreclosure.
Loans on real estate, .

12,000 00

Deposit in banks on interest :

Cash on hand , .

91, 363 70
8 ,250 34

.

$ 3,004,462 40

$ 3,004,462 40
Loans on Public Funds,amount on each :
On $ 2,000 United States 4s, and $ 2,000 Old Colony 7s, . . .
On $ 2,000 Old Colony Railroad 7s,B, . . . . . .
. . . . . . .
On $ 1,500 United States 4}s,
On $ 1,000 city of Lowell bond and $ 1,000 city of Cambridge bond,

. .
.. ..
. .

$ 4,000 00
2,000 00
1,460 00
1,800 00

. . .
. .. .
. . .

$5,000 00
800 00
200 00

Amount of incomereceived from the same, .

.

.
.

.
.

.
.

.

.

3,919 00

.

.

.

1,586 53

. $ 133,456 00
. 105,100 00
.

Amount of municipal tax on real estate, . .
Cash on Deposit in Banks, amount in each :

.

:: ::

.

.

· · · ·

.

.

.

. . . . . .

Amount of real estate held by foreclosure, .
Assessed value of the same, .

. . . . . . .

Loans on Bank Stock , amount on each :

On 50 shares Washington National Bank, Boston , . .
On 10 shares People's National Bank, Boston, . . .
On 2 shares Gloucester National Bank , Gloucester, . .

.

Rockland National Bank, Boston , . . . . . . . . . $ 27,646 80
Hamilton National Bank , Boston, . . . . . . . . . 23,525 76
Market National Bank, Boston , . . . . . . . . .
191 14
. . . . . 40,000 00
North National Bank, Boston,
Whole amount of interest or profits received or earned, . . . . $ 140,374 51
Rate and amount of each semi-annualdividend for previous / 2 per cent., 51,465 79
. ) 2 per cent., l 53,285 40
year, . . . . . . . . .
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 : 64.
The total amount of loans,with cach specified rate of interest: $ 100,000,
34 per cent.; $ 376 ,456 , 4 per cent.; $ 192,000 , 44 per cent.; $ 15 ,000, 43 per
cent.; $ 921,060, 5 per cent.; $ 25,000, 51 per cent. ; $41,200, 54 per cent.;
$ 108,215.66 , 6 per cent.; $ 4,500, 6 per cent.; $ 93,700, 64 per cent.; $ 204,

655, 7 per cent.; $6,100, 71 per cent.
* This bank has been notified that these loans have exceeded the legal limit.

1883. ]

PUBLIC DOCUMENT — No. 8 .

165

Number of outstanding loans which are of an amount not exceeding $3,000
. 82
each, . . . . .
Aggregate amountof the same, . . . . . . . . . $ 141,225
. . .
8,063
Number of open accounts,
Number and amount of deposits received for previous year, . 9,220 666,175 00
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

. 524

296 ,863 00

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,

. 6,204 554,128 19
. 1,774
. 1,074
. . . 7 ,858 27

Amount of treasurer's bond , .

.

.

.

.

.

.

.

.

.

20,000 00

Date of examination by commissioner : March 22.

PUBLIC FUNDS.
Estimated

Par Value.

United States 44s, .

.

AmountInvested .

$ 190,000 $212,800 00 $ 195,000 00

.

State and city bonds :
.
.

State of Maine,
City of Boston 6s,
of Boston 4s,
of Roxbury,

Market Value.

$ 3 ,000
51,000
30,000
1,000

.
.

$ 3,000 00

$ 3 ,000 00

61,710 00
31,500 00

51,000 00
30 ,000 00

1,000 00

900 00

$ 275 ,000 $310,010 00

$ 279,900 00

BANK STOCK .
First Nat'l Bank, Danvers,

$ 1,500

Atlas Nat'l Bank, Boston,.
North Nat'l Bank , Boston ,
State Nat'l Bank, Boston, .
Market Nat'l Bank , Boston ,
Second Nat'l Bank , Boston , .
Commerce Nat'l Bank , Boston ,
Atlantic Nat'l Bank, Boston, .
Revere Nat'l Bank, Boston, . .
First Nat'l Bank, Boston, .
Rockland Nat'l Bank, Boston, .
People's Nat'l Bank , Boston, .

6 ,000
25,700
2,300
2,500
5 ,500
1,500
5 ,000
15 ,000
20 ,000
21,000

33,600 00

Washington Nat'l Bank, Boston ,

51,000

68,850 00

17 ,300

$ 1,500 00
7,260 00
31,611
2,875
2,500
8,360
· 1,785
7 ,500
17,100

00
00
00
00
00
00
00

40,000 00
23 ,355 00

$ 174,300 $ 246 ,296 00

$ 1,500 00
6 ,000 00
25 ,680 47
2 , 300 00

2,500 00

5 ,500
2,000
5 ,000
15 ,000
20 ,000
19,430
21,000
58,729

00
00
00
00
00
00
00
50

$ 184,639 97

RAILROAD BONDS.

Old Colony Railroad, .
Boston and Providence Railroad,
Boston and Albany Railroad, .
Boston and Maine Railroad,

I

$ 16 ,000
12 ,000
17 ,000

$ 20,000 00

$ 17,760 39

15 ,000 00

20 ,910 00

13,614 67
19,240 42

6 ,000
$51,000

7 ,380 00

6 ,706 25

$63,290 00

$57,321 73

166

BANK COMMISSIONERS' REPORT.

[Jan .

INSTITUTION FOR SAVINGS IN NEWBURYPORT AND ITS VICINITY -

NEWBURYPORT.
Incorporated 1820. Number of corporators,83.

EDWARD S. MOSELEY, President.

P. K . Hills, Treasurer.
STATEMENT.

LIABILITIES .

ASSETS.

Deposits, . .
$ 4,363,941 88 || Public funds, . . .
63 Bank stock , . .
Earnings undivided, I 11039,722
,000 00 Loans on bank sto
Guaranty fund, .
Railroad bonds,
Real estate,
Real estate by foreclosure, .
Loans on real estate, . .
Loans on personal security , .

$ 854,500 00
937,120
1,450
95 ,000
15 ,000
114,630
818 ,225
1,439,405
168,000
39,557
776

Loans
cities, or
to counties,
towns, .
.

Deposit
in banks on interest,
Cash on band , . . .

$ 4,513,664 51

$ 1,513,664 51
Loans on Bank Stock , amount on each :
On 6 shares First National Bank, Newburyport, ,
On 10 shares First National Bank, Merrimac, . ' .

$ 550 00
.

.

.

.

.
.

. . .

.

Amount of real estate held by foreclosure, .
Assessed value of the same, . . . .

Amountof incomereceived from the same, . . . .
Amountof municipal tax on realestate, . . .

. . . . . .

Invested in real estate (for banking purposes),
Estimated value of the same, .

00
00
00
98
00
00
00
33
20
00

. . .

900
$ 15 ,000
17 ,000
114,630

00
00
00
98

112,100 00
2,301 18
2,009 12

Cash on Deposit in Banks, amount in each :

First National Bank of Newburyport, . . . . . . .
$ 39,543 36
.
13 97
National Bank of Redemption , Boston , . . .
Whole amount of interest or profits received or earned , . . . . $ 235,784 26
Rate and amount of each semi-annual dividend for previous / 2 per cent.,
year,

.

.

.

.

.

.

.

.

.

.

2 per cent.,

82,902 35
84,610 02

Times for the dividends fixed by the by-laws: fourth Wednesday in April
and October.
The total amount of loans, with each specified rate of interest : $ 110 ,000,
3.1 per cent.; $ 250,000 , 4 per cent.; $ 25 ,000, 4 ) per cent. ; $ 462,000 , 4 ) per
cent.; $415,000 , 48 per cent.; $ 517,700, 5 per cent. ; $62,000 ,55 per cent.;

$ 108,000, 58 per cent.; $60,000, 58 per cent.; $ 1,278,480, 6 per cent.;
Number of outstanding loans which are of an amount not exceeding $3,000
$ 128,400 , 7 per cent.

each , . . . . . . . . . . . . . 343
Aggregate amount of the same, . . . . . . . . . 345,265 00
Numberof open accounts, . . . . . . . . 9,923
Number and amount of deposits received for previous year, . 4,902 478,649 21
Number and amountof deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 304 177 ,205 24
Number and amount of withdrawals, . . . . . . 4,982 516,343 44

1883.]

PUBLIC DOCUMENT — No. 8.

Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.

.

167

.

1,122
808

Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . . . . .

.
.

.
.

$6 ,623 04
20 ,000 00

Date of examination by commissioner: July 6.
PUBLIC FUNDS.
Estimated

Par Value.

United States bonds,

Market Value. AmountInvested.

$255,000 $ 279,143 75 $255,000 00

.

City and town bonds :

City of Charlestown 6s, .

35 ,000
25 ,000
75 ,000
40 ,000
50,000
5 ,000
35,000
183,000
6,500
10,000
25 ,000
25 ,000
60,000
8 ,000

of Holyoke 6s, .
of Lynn 6s,
of Springfield 79, .
of Nashua, N . H .,6s,
of Hartford , Conn , 6s,
of Concord , N . H ., 6s,
of Newburyport 6s, .
of Newburyport 5s, .
of Lewiston , Me., 6s,
of Bangor,Me., 7s, .
of Lawrence5s,

.

of Portland , Me.,6s,
Town of Melrose 7s.
of Groveland 6s, .

.

39,900 00
31,000 00

35 ,000 00

90,000 00

75 ,000 00

54 ,000
5 ,600
41, 300
204 ,960
6 ,500
11,000
30 ,000
25,250

00
00
00
00
00
00
00
00

56 ,000 00

64,200 00
9,760 00

17 ,000

17,340 00
$854,500 $ 965,953 75

25 ,000 00

40 ,000
50 ,000
5 ,000
35 ,000
183,000
6 ,500
10 ,000
25 ,000
25,000
60,000
8 ,000
17 ,000

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

$854,500 00

BANK STOCK .

Atlantic Nat'l Bank, Boston, .

$ 12,200 $ 18,361 00

Atlas Nat'l Bank, Boston ,
Blackstone Nat'l Bank , Boston,
Boston Nat'l Bank, Boston ,

75 ,000
4,700

Old Boston Nat'l Bank, Boston ,
City Nat'l Bank, Boston , . .

Columbian Nat'l Bank, Boston ,
Commerce Nat'l Bank, Boston ,
Commonwealth Nat'l Bank , Boston ,
Eagle Nat'l Bank, Boston ,
Eliot Nat'l Bank , Boston ,.

.
.

3,700
10 ,000
10 ,800
30,000
22,100
25 ,000
28 ,600
7,400

Exchange Nat'l Bank, Boston,
Faneuil Hall Nat'l Bank , Boston ,

10 ,000
24 ,000

First Nat'l Bank , Boston , .

10 ,000
13,300
25 ,000
15 ,000
26 ,700
50 ,800
8 , 250

.

Freeman's Nat'l Bank , Boston,

Globe Nat'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 , .

Massachusetts Nat'l Bank, Boston, .

27 ,000

90,843 00
5 ,100
4 ,384
12,050
12,838

00
00
00
00

39, 150 00

26 ,354 00

27,750
32,246
8,806
13,012
31,260

00
00
00
00
00

20 ,250 00
31,320 00
14 ,231 00
29.500 00

16 ,500
32,574
50 ,800
9 ,240

00
00
00
00

$ 12,200 00

75,000
4 ,700
3,700
10,000
10,800

00
00
00
00
00

30 ,000 00
22, 100 00

25 ,000 00
28,600 00
7,400 00
10 ,000 00
24 ,000 00
10 ,000 00

27,000 00
13,300
25 ,000
15 ,000
26 ,700
50 ,800
8,250

00
00
00
00
00
00

168

BANK COMMISSIONERS' REPORT.

[ Jan .

Bank STOCK — Concluded .
Estimated

Par Value.

Maverick Nat'l Bank, Boston, .

.

Merchants' Nat'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,
Revere Nat'l Bank , Boston , .

$ 20,000
17,300
10 ,000
30,200
6 ,000
25,800
37,500

Second Nat'l Bank , Boston , .
Shawmut Nat'l Bank , Boston ,
Shoe and Leather Nat'l Bank,Boston,
Staie Nat'l Bank, Boston ,.
Suffolk Nat'l Bank, Boston,
Traders' Nat'l Bank, Boston , .
Tremont Nat'l Bank , Boston , .
Union Nat'l Bank , Boston , .

48,000

Washington Nat'l Bank, Boston,
Webster Nat'l Bank , Boston, .
Mechanicks' N 'l B 'k , Newburyport,
Merchants' N 'l Bank, Newburyport,

35 ,300
20,000
21,500
24,520

Ocean Nat'l Bank,Newburyport, il
First Nat'l Bank , Newburyport, il

5 ,250
2 ,800

Gloucester Nat'l Bank,Gloucester, .

6 ,000

20,000
40,000
6,900
22,500

•

27 ,200
50,000

20,800

Market Value. Amount Invested .

$ 15 ,025 00
24 ,328
13,500
38,882
6 ,615
33 ,798

00
00
00
00
00

$ 20 ,000
17,300
10 ,000
30 ,200
6 ,000
25,800

00
00
00
00
00
00

42,750 00
72,960 00
21,950 00

37 ,500 00
48,000 00
20 ,000 00

42, 200 00
8 ,487 00

40,000
6 ,900
22,500
27,200

26 ,325
25 ,228
57,000
29,120
47 , 920
21,675
30 ,153
35,554
6 ,930
3,920
7,920

00
00
00
00
00
00
00
00
00
00
00

00
00
00
00

50 ,000 00
20 ,800 00

35,300 00
20,000 00
24,520 00

21,500 00

5 , 250 00
2 ,800 00

6 ,000 00

$ 937,120 $1,168,839 00 $ 937,120 00

RAILROAD Bonds.
Eastern Railroad ,6s,. .
Providence and Worcester R .R .7s, .
Boston and Lowell Railroad 6s,

$ 50 ,000

50,000
5,000

$ 54 ,750 00
52,000 001
5 ,200 00

$105,000 $ 111,950 00

$ 10 ,000 00
50 ,000 00
5,000 00

$ 95 ,000 00

PUBLIC DOCUMENT — No. 8 .

1883. ]

169

IPSWICH SAVINGS BANK - IPSWICH .

Incorporated 1869. Number of corporators, 29.
THEODORE F . COGSWELL, Treasurer.
JOSEPH Ross, President.
STATEMENT.
ASSETS.

LIABILITIES.

Deposits, .

Earnings undivided ,
Guaranty fund,

$ 212,763 95
2,325 15
2,315 00

$ 5,030 00
800 00
48,609 00
104,133 00
20,675 00

Public funds, .

Loans
on public funds :
Bank stock ,

Loans on real estate, .
Loans on personal security , .
Loans
to counties, cities, or
towns, .
Deposit in bank on interest,

10 ,300 00

24,107 00

3,750 10

Cash on band and in bank ,

$217,404 10

$ 217,404 10
Loans on Public Funds:

On $ 1,000 city of Newton 6s, .

.

.

.

.

.

.

.

.

.

$800 00

.

.

.

.

.

. $ 26,235 20

Cash on Deposit in Bank :

First National Bank ,Salem , . .

Whole amount of interest or profits received or earned , i . . . $ 13,394 51
Rate and amount of each semi-annual dividend for previous ? 2 per cent.,
3,700 00

year, . . . . . . . . . . 52 per cent., ?
Times for the dividends fixed by the by-laws: fourth Wednesday in Jan
uary and July.
Averageannual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 4 .
The total amount of loans, with each specified rate of interest: $ 39,333,

3,940 00

6 per cent ; $ 21,040 , 65 per cent.; $ 14,560, 7 per cent.

Number ofoutstanding loans which are ofan amountnot exceeding $3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

. 172

Aggregate amount of the same, . .
. . . . . . 124,808 00
Number of open accounts, . . . . . . . . 1,081
Number and amount of deposits received for previous year, . . 923 65,228 57
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

24,620 00

.

.

.

.

. 48

.

.

.

.

Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.
.

. 6005 1.213 55
223

.

.

. 114

rawal
walss,, ..
Number and amountof
withdra
101 withd

.

Amount of expenses of the corporation during previous year, . .
Amountof treasurer's bond , .

.

.

.

.

Date of examination by commissioner : August 16 .

.

.

.

.

.

461 59
25 ,000 00

170

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC FUNDS.
Estimated
Par Value.

Market Value.

Amount Invested .

City and town bonds:

$ 1,000
600

City of Bangor, Me., 6s, .

of
Manchester, N . H .,6s,
of Providence, R .I., 5s,

2 ,000
500
1,000

of Dover, N . H ., 6s, .

Town of Prorincetown 5s,

$5,100

$ 1,150
720
2 ,360
600
1,150

00
00
00
00
00

2 ,000 00
500 00
1,000 00

$5,980 00

$5,030 00

$ 2 ,625 00
3,760 50
2, 280 00
5 ,160 00
2,961 00
2,952 00
1,560 00
5 ,004 00
3 ,150 00
580 ( 0
1 ,200 00
500 00
3,600 00
700 00

$ 2,310 00

$930 00
600 00

BANK STOCK.
Salem Nat'l Bank, Salem ,

Naumkeag Nat'l Bank, Salem ,
Mercantile Nat'l Bank , Salem ,
First Nat'l Bank , Salem , .

.

Asiatic Nat'l Bank , Salem , .
Merchants' Nat'l Bank , Sitlem ,
Exchange Nat'l Bank , Salem , .

Merchants' Nat'l Bank , Boston,
Republic Nat'l Bank , Boston, .
Second Nat'l Bank, Boston, .
Atlas Nat'l Bank, Boston ,
.
Commerce Nat'l Bank , Boston ,
Union Nat'l Bank, Boston, .
Gloucester Nat'l Bank, Gloucester, .
Globe Nat'l Bank, Boston, .
Revere Nat'l Bank , Boston , .
Howard Nat'l Bank , Boston , .

New England Natl Bank, Boston , .
Pacific Nat'l Bank, Boston,

.

$ 2 , 100
2,300
1,900
4 ,300
1,890
2,050
1, 300
4,200
2 ,500
400

1,000
400
2,400
500
2,500
800
2,000
4 ,000
4 ,000

2,750 00
960 00
2 ,500 00

6 ,000 00

$ 40,540 | $ 18,242 50

3,332 00
2,090 00

4 ,945 00
2 ,680 00
2,762 00
1,456 00

5 ,004 00
3 ,150 00
580 00

1,175 00
400 00

3. 360
665
2,500
800
2,400
6 ,000
3,000

00
00
00
00
00
00
00

$ 18,609 00

1883.]

PUBLIC DOCUMENT — No. 8.

171

LAWRENCE SAVINGS BANK — LAWRENCE.
Incorporated March 10, 1868. Number of corporators, 81.
Wm. R . SPALDING, Treasurer.
Milton BONNEY, President.
STATEMENT.

LIABILITIES.

Deposits, .
Earnings individe
d ,.
Guaranty fund,

ASSETS .

funds, . . .
$ 358,725 68 Public
19,518 55 Bank stock ,
Railroad
bonds,
5,602 54
Realestate by foreclosure ,
Loans on real estate, . .
Loans on personal security ,
in banks on interest, .
Deposit
Expense account,
Cash on hand, . . .

$ 24,000 00

$ 383,876 77

$383,876 77
.
.
.
.

. .
. .
. .
. .

.
.
.

.
.
.

· ·

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

.
.
.

80,300
25 ,000
11,373
186 ,819
26 ,618
19 ,216
904

00
00
36
00
89
21
69

9,644 62

. $ 11,373 36
. 9,450 00
1,009 02
.
156 87

Cash on Deposit in Banks, amount in each : National Bank of the Commonwealth , Boston, .

.
$ 1,296 69
Pemberton National Bank , Lawrence, . . . . . . . . 22,919 52
Whole amount of interest or profits received or earned , . . . . $ 23,642 78
Rate and amount of each semi-annual dividend for previous / 2 per cent.,S 6,434 93
year,

.

i

.

.

.

.

.

.

.

.

) 2 per cent., ?

6 ,564 93

Times for the dividends fixed by the by-laws: January 1 and July 1 .
The total amount of loans,with each specified rate of interest : $ 10,000,
3.4 per cent.; $ 11,400, 5 per cent.; $ 99,693.89, 6 per cent.; $8,250, 6 ) per
cent.; $ 81,094, 7 per cent.

Numberof outstanding loans which are of an amount not exceeding $ 3,000
each, . . . . . . . . . . . . . 185
Aggregate amountof the same, . . . . . . . .
Number of open accounts, .
. . . * 1,339
Number and amount of deposits received for previous year,
1,252
Number and amountof deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 81
Number and amountof withdrawals, . . . . . . . 867
Number of accounts opened the previous year, . . . . . 300
Number of accounts closed the previous year, . . . . . 293
Amount of expensesof the corporation during previous year, . . .
Amount of treasurer's bond, .

.

.

.

Date of examination by commissioner : May 10.

.

.

.

.

.

.

134,087 89
104,802 04
41,221 82
81,167 44
1,600 00
10,000 00

172

BANK COMMISSIONERS' REPORT .

[ Jan .

Public FUNDS.
Estimated
Market Value.

Amount Invested .

$ 26 ,290 00

$ 22,000 00

1,290 00

1 ,000 00

1,200 00

1,000 00

$24,000 $28,780 00

$24,000 00

Par Value.

United States
As, . . . . $22,000
1,000
" 6s, . . . .
City bonds :
City of Lawrence 6s,

.

.

1,000

BANK STOCK .

$ 2,700

$ 3,221 25

$ 2,700 00

North America Nat'l Bank, Boston,

2,300

Market Nat'l Bank, Boston, .
Pemberton Nat'l Bank, Lawrence, .
Traders' Nat'l Bank, Boston , .

5 ,600
4,000

2,553 00
5 ,600 00

2,300 00
5 ,600 00
4 ,000 00
2 , 100 00

Howard Nat'l Bank, Boston, .
State Nat'l Bank , Boston, . .

5 ,400

5 ,400
1 ,947
1 ,830
6 ,642
9,656
1,190
2,856

Commerce Nat'l Bank, Boston ,

Webster Nat'l Bank, Boston , .
City Nat'l Bank , Boston , .

.

Eliot Nat'l Bank , Boston ,
Atlas Nat'l Bank , Boston ,
Hide and Leather Nat'l B 'k , Boston ,
Third Nat'l Bank, Boston ,
..

2,100
1,500
8 ,900
1,000

2,400
2,000
10,300

00
75
00
00
50
00
00

1 ,500 00

5 ,400 00

8,900 00
1,000 00
2,400 00

Lawrence Nat'l Bank , Lawrence, .

2,000
2,700
700

Central Nat'l Bank, Boston , .

5 ,500

Central Nat'l Bank , Boston , . .

5 ,500
1,600
3,800
2,900
4 ,000

2,122 50
3,442 25
2 ,811 25
2,997 00
770 00
4,083 75
4,083 75
1,836 00
4 ,180 00
3,146 50
4 ,560 00

$80,300

$86,559 50

$80,300 00

Merchants' Nat'l Bank, Boston,
Commonwealth Nat'l Bank , Boston ,

First Ward NatlBank, Boston ,
Fourth Nat'l Bank , Boston, .
Blackstone Nat'l Bank, Boston,
Tremont Nat'l Bank , Boston, . .

3,400

11, 330 00

2,000 00
10 ,300 00

3,400 00
2,000 00
700 00

2,700 00

5 ,500 00
5 ,500 00

31,600 00
3,800 00
2,900 00
4 ,000 00

RAILROAD Bonds.

Fitchburg Railroad 6s, . .
Fitchburg Railroad 5s, ,

$ 5,000
20,000

$ 5 ,800 00

$ 5,000 00

22,200 00

20,000 00

$ 25,000 $ 28,000 00

$ 25,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

173

LEE SAVINGS BANK – LEE.
Incorporated March 5, 1852. Number of corporators, 88 .
HARRISON GARFIELD, President.
John L . KILBON , Treasurer.
STATEM
ENT.

Assets.

LIABILITIES.

Deposits , ·
Earnings andivided .
Guaranty fund,

$512,075 36 " Public funds , .

9,704 67

12,000 00

$ 112,000 00

.

110 , 200 00

Bank stock ,

Loans on bank stock,

.

500 00

Real estate by foreclosure,
Loans on real estate ,

4,728 12
260,060 74
39,067 00

Loans on personal security ,

Loans to counties, cities, or
towns, .
Expense account,

.

.

20 ,000 00
570 82
14 ,625 00

.

2,028 35

Premium account, .
Cash in bank, .

.

$ 563,780 03

$563,780 03
. . . . .
. . . . .
. . . . .
. . . .
. . . . .

Cash on Deposit in Bank :
Lee National Bank, Lee, .

.

. : :

Loans on Bank Stock :
On 11 shares Lee National Bank, . .
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,

.

.

.

.

. .
. .
. .
. .

$500 00
$4,728 12
4,900 00
237
88
85 84

.

$ 2,028 35

.

Whole amount of interest or profits received or earned, .
. .
Rate and amount of each semi-annualdividend for previous 1 2 per cent.,
. . . . . .
2 per cent., l
year, . . .
Times for the dividends fixed by the by-laws: May 31 and November 30.
Averageannual per cent. of dividends for the term endingat time of,and
including, last extra dividend : 518.
The total amount of loans, with each specified rate of interest: $ 2,000,
5 per cent.; $ 317,627.74 , 6 per cent.
Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 254
Aggregate amountof the same, . .
·
. . .' 1,700
Number of open accounts, . . .
Number and amountof deposits received for previous year, . 1,186
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

Number and amountof withdrawals , . . .
Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.

.

.

.

.
.
.

.
.
.

10,117 58

193,109 72
106,557 18
50,290 73

.

. 88

.
.
.

. 881 102,999 47
. 271
• 200
. . 1,553 00
. . 10,000 00

Amount of expenses of the corporation during previous year, .
. . . . . . .
Date of examination by commissioner : August 1.
Amount of treasurer 's bond, .

$ 30,551 54
10,066 50

174

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC Funds.
Estimated
Par Value.

$ 10 ,000
10 ,000
20 ,000

. . .

United States 41s, .
District of Columbia 5s, .
Massachusetts 5s, . .

City bonds :
City of Springfield 7s,
of Boston 4s, 5s, and 6s, .
of Hartford , Conn ., 4 }s, .
of Providence , R . I., 5s, .

.

10 ,000
20 ,000
2 ,000
10 ,000

Market Value. Amount Invested .

$ 15 ,200 00
11,500 00
23,200 00
12 ,100
23,370
2, 120
11,700

00
00
00
00

$ 10 ,000 00
10 ,000 00
20,000 00
10 ,000 00
20,000 00
2 ,000 00

10 ,000 00

$112,000 $ 129,190 00 $ 112,000 00
BANK STOCK.
Lee Nat'l Bank, Lee, .
AdamsNat'l Bank , North Adams,

First Nat'l Bank, Adams, .
Pittsfield Nat'l Bank , Pittsfield ,
Housatonic Nat'l Bank, Stockbridge,
Everett Nat'l Bank, Boston, .
Continental Nat'l Bank , Boston , .
Massachusetts Nat'l Bank , Boston , .
Hamilton Nat'l Bank , Boston , .
First Nat'l Bank , Boston ,.
Merchandise Nat'l 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'l Bank , Boston,
Webster Nat'l Bank, Boston , . .
Commerce Nat'l Bank, Boston ,
Redemption Nat'l Biank , 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

$ 23,200
9, 800
4 ,125
9,300
7 ,500
1,695
2 ,645
2 ,800
1,180
20 , 150
5 ,000
3,388

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

1, 460 00
7 ,150 00

7 ,616
1 ,845
3 ,815
6 ,490
6 ,500
1, 110

00
00
00
00
00
00

4 ,560 00

1, 260 00

9 ,828 00

$ 18,900 00
7 ,000 00
3 ,300 00
6 ,000 00
5 ,000 00
1,500 00

2,300
2,500
1 ,000
10,000
5 ,000
2 ,800
1 ,000
6 ,500

00
00
00
00
00
00
00
00

6 ,800 00
4 ,000 00

1,500 00
3 ,500 00
5 ,500 00
5 ,000 00
1 ,000 00

1,000 00
9 ,100 00

$ 110,200 $ 142,417 00 $ 110 ,200 00

PUBLIC DOCUMENT — No. 8.

1883. ]

175

LEICESTER SAVINGS BANK - LEICESTER .

Incorporated 1869. Number of corporators, 43.
LORY S. Watson, President.

D . E . MERRIAM , Treasur er.
STATEMENT.

LIABILITIES.

Deposits , .
Earnings undivided ,

Guaranty fund ,

ASSETS .

$ 113,806 25

8314 ,536 59 ! Public funds, . .
84 Loans
on public funds,
Bank stock ,
68,281
,000 47

400 00
49,849 12
1.500
3 ,030
127 , 180
13 ,150
15,785
6

Loans
on bank stock ,
Railroad bonds,
Loans on real estate,

Loans on personal security ,
Deposit in bank on interest,
Expense account,

00
00
00
00
73
41

4,111 39
$ 328,818 90

Premium account,

$ 328,818 90
Loans on Public Funds :
On $ 1,000 United States 48, .

$400 00

Loan on Bank Stock :
On 15 shares Leicester National Bank , .

.

.

.

.

.

.

.

$ 1,500 00

Cash on Deposit in Bank :
Leicester National Bank, . . . . . . . . . . . $ 15,785 73
Whole amount of interest or profits received or earned , . . . . $ 16,450 66
Rate and amount of each semi-annualdividend for previous / 2 per cent., 5,813 44
year,

.

.

.

.

.

.

.

.

.

2 per cent., l

5 ,797 94

Times for the dividends fixed by the by-laws: June and December.
Average annual per cent. of dividends for the term ending at timeof,and
including, last extra dividend : 4.
The total amount of loans, with each specified rate of interest: $ 15,950 ,
5 per cent.; $914.70, 6 per cent.; $ 4,175 , 7 per cent.; $ 835, 7 , per cent.

Number ofoutstanding loans which areofan amount not exceeding $ 3,000
each,

.

.

.

.

.

.

.

.

.

.

.

.

. 101

Aggregate amount of the same, . .
. . . . . . 88,430 00
.
.
.
. 685
Number of open accounts , . . .
Number and amount of deposits received for previous year, . . 321 41,572 11
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, .

.

.

.

. 37

.

.

.

. . . . 70
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer 's bond, . . . . . . . . . .

Date of cxamination by commissioner : June 9.

17,615 61
27,775 25

1,035 88
10,000 00

176

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC FUNDS.
Estimated

Par Value.

United States 4s,
"

"

.

4 ! s,

.

.
.

Stratford County, N . H ., 4s, .

Market Value. Amount Invested.

$ 20,000

$ 24 ,000 00

10,000

11,400 00

$ 20,000 CO
10,000 00

5 ,000

5,200 00

5,000 00

12,000
8 ,000
9,000
1,000
2,000

14,160 00

12,000 00

9,520
10 ,380
1 ,220
2 , 300

00
00
00
00

8 ,000
9,000
1,000
2,000

10,000

10 ,800
10,000
1,225
1,230
10 ,300
6 ,000
9,427

00
00
00
00
00
00
50

10 ,000
1,000
1,000
10 ,000
5 ,000
9,000

City and town bonds:
City of Worcester 6s,

.

of Chelsea 6s, .

.

of Lynn 6s,

of Fall River 6s, .
of Springfield 7s, .
of Somerville 5s, .
of Lowell 6s, .
of Manchester, N . H ., 6s,
of Portland ,Me., 6s,
of Columbus, O ., 4s,

10 ,000
1 ,000
1,000
10 ,000

of Cincinnati, O ., 6s,
Town of Natick 7s, . .

5 ,000

9,000

00
00
00
00

10 ,806 25
00
00
00
00
00
00

$113,000 $127,162 50 $113,806 25
BANK STOCK
North America Nat'l Bank, Boston , .

$ 1,200

$ 1,332 00

$ 1,346 00

Hide and Leather Nat'l B ’k , Boston ,
Traders' Nat'l Bank, Boston , .
North Nat'l Bank, Boston, . .

5 ,000

5 ,954 40

2 ,500

5 ,500 00
2 ,250 00

2,000

2,570 00

2,612 50
2 ,425 00

State Nat'l Bank, Boston,

5 ,000
3 ,000

6 ,100 00
3,270 00

5 ,397 50

Webster Nat'l Bank , Boston , .

Howard Nat'l Bank, Boston , .
Eliot Nat'l Bank, Boston, . .
Continental Nat'l Bank, Boston,

2,500
3,000

3,050 00

3, 162 50
2,635 00

3 ,570 00

3 ,610 00

1 ,180 00

1,150
1,178
1,815
1 , 100
1,925

Maverick Nat'l Bank, Boston, .
Market Nat'l Bank, Boston,
Commonwealth Nat'l Bank , Boston ,
Revere Nat'l Bank , Boston , .
Central Nat'l Bank, Worcester,
Millbury Nat'l Bank, Millbury,
Leicester Nat'l Bank , Leicester,

1 ,000
1 ,000
1 ,500
1 ,000
1 ,500

2,500

2 ,250 00
1,500 00

1,110 00
1,710 00

00
75
40
00
00

3,525 00
1,314 50

3,500 00
1,430 00
10 ,266 00

10,697 57

$ 42,500 $50,588 00

$ 19,819 12

1 , 100
8 ,700

RAILROAD Bonds.
Eastern Railroad 6s,.

.

.

$ 3,000

$ 3,300 00

$ 3,030 00

1883.]

PUBLIC DOCUMENT — No. 8.

177

LEOMINSTER SAVINGS BANK – LEOMINSTER .

Incorporated 1865. Number of corporators, 35.
LEONARD BURRACE President,

A . L . BURDITT, Treasurer.
STATEMENT.

AssKTS.

LIABILITIES.

Deposits, .

Earnings undivided,:
Guaranty fund,

$ 635,814 79 | Bank stock , stock,
1,537 87 Loans on bank

$ 92,000 00

.
10 ,500 00 | Real estate by foreclosure, .
Loans on real estate , .
Loans on personalsecurity ,

13,098 99
342, 360 00

Loans to counties, cities, or
towns, .
.
Deposit in bank on interest, .
Loan on bank book, . .

41,700 00

11, 950 00

113,020 00

20,000
00
250 00
13,473 67
$647,852 66

Cash on band and in bank,

$ 647,852 66

On 56 shares Safety Fund National Bank of Fitchburg,

Loans on Bank Stock , amount on each :
On 87 shares First National Bank of Leominster, .

.

.

.

.

$ 5,000 00

.

.

.

.

.

6 ,950 00

Amount of real estate held by foreclosure, .

.

.

.

.

.

. $ 13,098 99

Assessed value of the same, .

.

.

.

.

.

.

.

13,750 00

Amount of incomereceived from the same, .

.

.

.

.

.

.

886 34

.

.

Amount of municipaltax on real estate,
Cash on Deposit in Bank :
First National Bank of Leominster, .

206 25
.

.

.

.

.

.

. $ 30,567 00

Whole amount of interest or profits received or earned, . . . . $ 31,179 16
Rate and amount of each semi-annualdividend for previous | 2 per cent., ſ 11,945 23
year, . . . . . . . . . . . 2 per cent., l 12,160 84
Times for the dividends fixed by the by-laws: January 1 and July 1.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 4 .
The total amount of loans, with each specified rate of interest: $41,700,
4 per cent.; $ 50,000, 5 per cent.; $ 417 ,580, 6 per cent.
Number of outstanding loanswhich are ofan amountnot exceeding $ 3,000
each , . . . . . .
. . . 319
391,200 00
Aggregate amount of the same, .

Number of open accounts, . . . . . . . . 1,977
Number and amount of deposits received for previous year, , 1,421
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 127
Number and amount of withdrawals, . . . . . . 1,169
. . 344
Number of accounts opened the previous year, . .
Number of accounts closed the previous year, . . . . . 288
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . .
Date of examination by commissioner : July 21.

125,359 87
71,456 20

129,210 07
1,839 74
40,000 00

178

BANK COMMISSIONERS' REPORT.

[ Jan.

BANK STOCK .
Estimated

Par Value.

Safety
Fund Nat'l Bank, Fitchburg,
First Nat'l Bank, Leominster, .

$ 8,000
38,300

Webster Nat'l Bank, Boston, . .
Boston Nat'l Bank , Boston ,
Commonwealth Nat'l Bank, Boston ,

7 ,500
6 ,200
1,000

North America Nat'l Bank , Boston ,

3,000
2,600
5 ,400

Traders' Nat'l Bank , Boston, . .
CentralNat'l Bank, Boston , .
Globe Nat'l Bank, Boston ,
Market Nat'l Bank , Boston ,
Blackstone Nat'l Bank, Boston ,
Eliot Nat'l Bank , Boston ,.
Everett Nat'l Bank, Boston ,
Continental Nat'l Bank, Boston,
Boylston Nat'l Bank , Boston , . .

Eagle Nat'l Bank , Boston,
Shoe and Leather Nat'l B 'k , Boston ,
Merchandise Nat'l Bank , Boston,
Commerce Nat'l Bank, Boston ,

6 ,100
1 ,000
500
2,500
3 ,400
2 ,000
1,500
1,700

200
200

900

Market Value. AmountInvested .

$ 5 ,960
8 ,060
7 ,316
1, 110
3 ,330
2,310
4 ,050
6 ,527

00
00
00
00
00
00
00
00

42, 130 00

1,000 00
510 00

2,975 00
3 ,812
2 ,360
1,770
1 ,904
210
200
1,071

00
00
00
00
00
00
00

$ 92,000 $99,695 00

$ 5,000 00
38,300 00
7,500 00
6 ,200 00
1 ,000 00

3 ,000
2,600
5 ,400
6 , 100

00
00
00
00

1,000 00

500
2 ,500
3 ,400
2 ,000
1,500
1,700

00
00
00
00
00
00

200 00
200 00
900 00

$92,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

179

LOWELL FIVE CENTS SAVINGS BANK - LOWELL.
Incorporated 1854. Number of corporators, 110.
HORATIO WOOD, President.
· ARTEMAS S. TYLER, Treasurer.
STATEMENT.

LIABILITIES .

Deposits, .

Earnings undivided,
Guaranty
fund,
Suspense account, .

Assets.

$ 1, 301,660 87 | Public funds, . .
144, 161 36 Bank stock, .
24,776
on bank stock,
Real estate ,
3,070 7593 Loans

$ 72,975 00

.
..

150 ,571 50
2 ,800 00

65 ,000 00

391,471 66
173,840 00

Real estate by foreclosure,

550,925 00

Loans on realestate, . . .
Loans on personal security ,

Loans to counties, cities, or
towns,

25 ,000 00
31,921 98
2 ,516 74
1,725 00

Deposit in banks on interest, .
Expense account,
Loans on bank books,
Cash on hand,

1,923 03

$1,473,669 91

$ 1,473,669 91
Loans on Bank Stock :

Amount of municipal tax on real estate,

.

.
.
.
.
.
.. '

.

.

.

.

.

.

.

.

.

.

.

.

.

.

. . . . .:

.
On 28 shares Prescott National Bank,
Invested in realestate (for banking purposes),
Estimated value of the same, . . . .
Amountof real estate held by foreclosure, .
Assessed value of the same, . . . .
Amount of incomereceived from the same, .

. .
. .
.. .

.

$ 2,800 00
$65,000 00
65,000 00
274,000 00
394,471 66

.

.

14,469 59

.

.

4,310 39

.

.

. $ 14 ,234 81

.

.

.

Cash on Deposit in Banks, amount in each :
Prescott National Bank, Lowell, .
Appleton National Bank , Lowell, .

.

12 ,983 92

National Bank of the Commonwealth, Boston, . . . . . . 4,703 25
Whole amountof interest or profits received or earned, . . . . $ 76,103 43
Rate and amount of each semi-annual dividend for previous | 2 per cent., 27,709 38
S 2 per cent , l 26 ,641 58
year . . . . . . . . . .
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 : 43 .
The total amount of loans, with each specified rate of interest : $ 50,000,
4 per cent.; $ 264,125, 5 per cent.; $6 ,000, 55 per cent.; $ 320,965, 6 per
cent.; $55,000 , 6. per cent.; $52,200, 7 per cent.; $ 1,300, 71 per cent.;
$ 4,700, 75 per cent.

Number of outstanding loans which are of an amountnot exceeding $3,000
each , . . . . . . . . . . . . . 79
.
Aggregate amount of the same, .
Amountof investments from which no income is received , .

.

.

.

111,690 00

.

.
6,514

47,971.66

. 101

58,548 07

Number of open accounts, . . . .
. . .
Number and amount of deposits received for previous year, . 2,324 176 ,207 22
Number and amount of deposits of and exceeding $300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

180

BANK COMMISSIONERS' REPORT.

Number and amount of withdrawals, . . . . .
Number of accounts opened the previous year, . . .
Number of accounts closed the previous year, . . .
Amountof expenses of the corporation during previous year,
Amount of treasurer's bond, . . . . . . .
Date of examination by commissioner : May 8.

[Jan .

.
.
.
.

2,615 $ 306,348 37
. 629
1,016
. . 6,998 28

.

.

.

30,000 00

PUBLIC Funds
Estimated

Par Value.

Market Value. Amount Invested.

City and town bonds :

City of Cambridge, .
of Charlestown ,
of Lawrence , .

of Lowell,
Town of Plymouth , .

$ 15,000 | $ 16 ,200
10 ,000
10,700
10,000
10 ,500
35 ,000
39,550
5,000
5 ,250

.
.

.

00

$ 15 ,000 00

00
00
00

10 ,000 00

00

10 ,000 00
5 ,000 00

$75,000 $82,200 00

$72,975 00

32,975 00

BANK STOCK .
Atlas Nat'l Bank , Boston ,

$ 3,900

$ 1,723 87

$ 3,900 00

Boylston Nat'l Bank, Boston , . .

5 ,200

5 ,200 00

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

4 ,500

6 ,162 00
4 ,882 50
8,286 25
1 ,545 38
1,669 50
1 ,110 00
3, 157 00

7,000
1, 300

Commerce Nat'l Bank, Boston,

1,400

Commonwealth Nat'l Bank , Boston ,
Eagle Nat'l Bank , Boston ,
Eliot Nat'l Bank , Boston ,

1,000
2,800

Everett Nat'l Bank, Boston, .
Exchange Nat'l Bank , Boston,
Freeman 's Nat'l Bank , Boston ,
Globe Nat'l Bank , Boston , .
Hamilton Nat'l Bank, Boston, .
Hide and Leather N 'l Bank , Boston ,

North America Nat'l Bank, Boston ,
Revere Nat'l Bank, Boston, .
Redemption Nat'l Bank, Boston ,
State Nat'l Bank , Boston,
Suffolk Nat'l Bank , Boston ,
Second Nat'l Bank , Boston,

5 ,000
400

5 ,950 00

1,000
5 ,000
5 , 200
3 ,400
1,500
9 ,000
2,700

1.305 00
5 ,800 00

.

5,600
2,000
9,200

.

2 .500

Shawmut Nat'l Bank, Boston, ..
Shoe and Leather Nat'l B ’k , Boston,
Tremont Nat'l Bank, Boston, .
Union Nat'l Bank , Boston,
Washington Nat'l Bank, Boston ,
First Nat'l Bank, Lowell, .
Old Lowell Nat'l Bank, Lowell,
Merchants' Nat'l Bank, Lowell,
Prescott Nat'l Bank , Lowell, .

Railroad Nat'l Bank , Lowell, .

500
1 ,000
7 ,100
2 ,200
900

8,500
8,300

3 ,500
13,500
15 ,000

452 00

5 ,564 00
4 ,012 00

1,650 00
9,967 50
3,078 00
7,336 00
2,460 00
10 ,794 00
3 ,800 00
548 75
1,055 00
8 ,094 00
3,080 00
1,221 75
12,771 25
9 ,960 00
4,375 00
18 ,225 00
18 ,000 00

$ 140,100 $ 171,035 75

4 ,500 00
7 ,000 00
1,300 00

1,400
1,000
2 ,800
5,000
400
1,000
5 ,000
5 ,200
3 ,400
1,500
9 ,450
2 ,700
5 ,600
2 ,000
9 ,200

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

2,500 00
500 00
1,000 00
7 , 100 00
2 ,200 00
900 00

11,305 00
10 ,970
3 ,540
16 .806
16 ,200

50
00
00
00

$ 150,571 50

PUBLIC DOCUMENT — No . 8.

1883.]

181

LOWELL INSTITUTION FOR SAVINGS – LOWELL.
Incorporated 1829. Number of corporators,64.
GEORGE J. CARNEY, Treasurer.

THEODORE Edson , President.
STATEMENT.
LIABILITIES.

ASSETS.

Deposits , . .
$ 3,372,084 91 Public funds, . .
Earnings undivided ,
106 ,979 80 Bank stock ,
84,595 17 Loans on bank stock,
Guaranty fund ,
Real estate,

$725 ,000 00
200,000 00
37, 100 00
20,334 06
572,570 58
1,565,800 00

.

.

Loans on real estate, .

Loans to counties, cities, or
towns, .
.
Deposit
in banks. on interest,
:

442,855 24
$ 3,563,659 88

$3,563,659 88

.

.

.

.

. $ 22,500 00

.

.

.

.

.

On 115 shares Appleton National Bank, Lowell, .

.

. . . .

:. : .: .:
.. .: ::

Loans on Bank Stock , amount on cach : On 250 shares Wamesit National Bank , Lowell, .
On 30 shares Merchants' NationalBank , Lowell, .
On 29 shares Railroad National Bank, Lowell, .

2,700 00
2,000 00
9,900 00

Invested in real estate (for banking purposes), . . . . . . $ 20,334 06
. . . . . . . . . 20,334 06
507 00
ipal
t
. . . . . . .
estate,
real
on
tax
Amoun of munic
Cash on Deposit in Banks, amount in each :

Estimated value of the same, .

. $ 359,355 24

.

.

Wamesit National Bank , Lowell, .

.

.

.

.

.

.

.

.

30 ,000 00

Appleton National Bank , Lowell, .

.

.

.

.

.

.

.

.

53,500 00

Whole amount of interest or profits received or earned,

.

.

.

Merchants' National Bank , Lowell,

$ 205,335 71

Rate and amount of each semi-annual dividend for previous / 14 per cent., S 49,952 74
.

.

year,

.

.

.

.

.

.

.

. id per cent., l 49,779 54

Times for the dividends fixed by the by -laws: first Saturday in May and
November.
Average annualper cent,of dividends for the term ending at time of, and
including, last extra dividend : 7,300.
The total amount of loans, with each specified rate of interest: $ 60,000 ,
2 per cent.; $ 100,000, 37 per cent.; $ 181,400 , 4 per cent.; $ 50 ,000,4280
per cent.; $ 85,300 , 45 per cent.; $ 20 ,000, 4 ; . per cent.; $ 308,520.58,

5 per cent.; $597,450, 6 per cent.; $200,000, 6) per cent.; $225,000, 67%
per cent.; $ 47,800, 7 per cent.
Number of outstanding loanswhich are of an amount notexceeding $ 3,000
.

.

Aggregate amount of the same, .

each ,

.

.

.

.

.

.

.

.

.

77,520 58

Number of open accounts, . . . . . .
. 10,105
Number and amountof deposits received for previous year, . 25,213 659,309 94
Number and amount of deposits of and exceeding $ 300 at any one time
.
for the previouso year,
year, .. .. .. .. . . . .
· 412 209,034 00
Number and amount of withdrawals, . . . . . . 6 ,370 797,478 83
Number of accounts opened the previous year, . . . . 1,733
Number of accounts closed the previous year, . . . . 1,495
Amountof expenses of the corporation during previous year, . . .
6,500 00
Amount of treasurer 's bond, . . . . .
. . . . 20,000 00
Date of examination by commissioner : July 7.

182

BANK COMMISSIONERS' REPORT.

[Jan.

Public FUNDS.
Estimated
Par Value,

United States 4s,

.

3s,

.

"

.

Market Value.

AmountInvested.

$ 65,000

$ 72,800 00

$ 65 ,000 00

660,000

675 ,675 00

660,000 00

$725,000 $748,475 00 $725 ,000 00
BANK STOCK
Columbian Nat'l Bank , Boston ,
Eagle Nat'l Bank, Boston, .

$ 19, 200
22,400
4 ,000
34,400

Hamilton Nat'l Bank, Boston , .
Merchants' Nat'l Bank, Boston,

16 , 100

New England Nat'l Bank , Boston , .
Second Nat'l Bank , Boston,
Railroad Nat'l Bank , Lowell, . .

47,300
33,800

First Nat'l Bank , Lowell,

16 ,000

Merchants' Nat'l Bank, Lowell,

.

6 ,800

$ 25 ,152 00

25 ,984
4,800
50,224
22,540
72,369
40 ,898
23,680

00
00
00
00
00
00
00

8,500 00

$ 19, 200 00

22, 100
4 ,000
31,100
16 , 100
47,300
33,800
16 ,000

(40)
00
00
00
00
00
00

6,800 00

$ 200,000 $ 274,147 00 $200,000 0

PUBLIC DOCUMENT — No. 8.

1883.]

183

LYNN FIVE CENTS SAVINGS BANK — LYNN.
Incorporated 1854. Number of corporators, 60.
HENRY E . NewHALL, Treasurer,
Henry A . PEVEAR, President.
STATEMENT.
Asskrs.

LIABILITIES.

Deposits, .
Earnings undivided ,

$58,817 60

$ 1,668,739 70 Public funds
81,587 76 Loans on public funds, .
23,500 00 Bank stock ,
.

Guaranty fund,

130 ,000 00
351,788 97
2 ,500 00
76 ,983 65
30,000 00
27,912 09

Loans on bank stock ,
Railroad bonds,
Real estate,
.

Realestate by foreclosure,
Loans on real estate,. . .
Loans
on personalsecurity,

783,085 20
174,800 00
56 ,000 00
73,586 11
1,312 46
362 61
6 ,648 74

Loans to counties, cities, or
towns,

.

Deposit in banks on interest, .
Expense account,

.

Tax titles, : ,
Cash on band ,

$ 1,773,827 46

$ 1,773,827 46
Loans on Public Funds, amount on each :
On $ 100,000 United States currency 68, . .
On $30,000 District of Columbia 3180 $, . .

.
.

.
.

.

.
.

. . $ 100,000 00
. . 30,000 00

.

.

.

.

Amountof municipal tax on real estate, . .
Cash on Deposit in Banks, amount in each :
City National Bank , Lynn , .
.
Maverick National Bank , Boston , .

.
.

Commonwealth National Bank , Boston,
Republic National Bank, Boston, .
Shawmut National Bank , Boston , .

..

.
.

.
.

.

.

.

.

.

.

.

.

.

.
.

.
.

.
..

.
.

.
.

$2,200 00

.
.

1,561 41
1,494 15

.

$ 13 ,427 05
27 , 164 08

20,000 00

300 00
$ 30 ,000 00
,000 00
. 2735 ,912
09
. 31,550 00

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

.

Amountof incomereceived from the same, .

. . . .
. . . .

Assessed value of the same, .

.
.

..:::. .

Invested in real estate (for banking purposes),
Estimated value of the same, . . . . .
Amount of real estate held by foreclosure, . .

. . . . . .

.
.

. .

Loans on Bank Stock , amount on each :

On 23 Shares City National Bank , Lynn , .
On 4 shares CentralNational Bank , Lynn , .

.
.

. .

.

.

.

.

2,994 98

.

.

.

10 ,000 00

Whole amount of interestor profits received or earned, . . . . $ 101,707 62
Rate and amount of each semi-annualdividend for previous / 2 per cent.,S 28,920 72
year, . . . . . . . . . . . . 2 per cent.,? 29,799 63
Times for the dividends fixed by the by-laws: January 1 and July 1.
The total amount of loans, with each specified rate of interest : $ 25,000,
4 per cent.; $55,000, 41 per cent.; $ 165,000, 44 per cent.; $ 136,400, 5 per
cent.; $ 580,400, 5 per cent. ; $ 166 ,750, 6 per cent.; $ 14 ,600 , 6 per cent.;
$ 3,200, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

. 424

184

BANK COMMISSIONERS' REPORT.

[ Jan.

Aggregate amount of the same, . . . . . . . . . $ 436,638 95
Number of open accounts, . . . . . . . . 9,723
Number and amount of deposits received for previous year, . 12,211 483,986 60
Number and amount of deposits of and exceeding $300 at any one time
. . .. . 300 128 ,190 00
for the previous year, . . . . .
Number and amount of withdrawals , .

.

.

.

.

7,505

Number of accounts opened the previous ycar, .
Number of accounts closed the previous year, .

.
.

.
.

.
.

2,308
1,631

.

Amountof expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . . . . .

5;280 84

.

.

433,389 92

.

30,000 00

Date of examination by commissioner : July 31.

Public FUNDS.
Par Value.

Estimated
Market Value. Amount Invested .

State, city and town bonds:
State of New Hampshire 6s,
of Maine 6s, . .
City of Providence, R . I., 5s,
of Augusta , Me ,6s,.
of Lynn 6s, .
of Cambridge 6s, .

..
.
..
.

.

of Chelsea 6s, . .

of Manchester, N . H ., 48,.
Town of Brookline 7s, . .
of Plymouth 7s, .

.

$ 1,000

7 ,000

$ 1,035 00
7 ,945 00

3 ,000
2 ,000
5 ,000
1,000

3 ,060
2 ,100
5 ,350
1,025

00
00
00
00

2,000
1,000

2 ,380 00
1,030 00

10 ,000
26 ,000

13,000 00
27 ,040 00

$58,000 $63,965 00

$ 1,000 00

7,000
3,187
2,000
5 ,000
1,072

00
50
00
00
50

2,000 00
1,000 00
10 ,000 00

26 ,587 60

$58,847 60

BANK STOCK .
City Nat'l Bank , Lynn , .

Central Nat'l Bank , Lynn,
First Nat'l Bank , Lynn , . .
Exchange Nat'l Bank , Boston, .
First Nat'l Bank , Boston, .
Globe Nat'l Bank, Boston, .
Redemption Nat'l Bank, Boston , .
Hide and Leather Nat'l B ’k , Boston,
Revere Nat'l Bank , Boston , .
Freeman's Nat'l Bank , Boston ,
Shoe and Leather Nat'l Bik , Boston ,

$ 32,800
9,300

4,400
47,000
23,500

8,800
700

25,300
6 .900

2,500

1,500

Continental Nat'l Bank , Boston ,

15 ,400

Traders' Nat'l Bank, Boston, ..
Boylston Nat'l Bank, Boston, .
Columbian Nat'l Bank, Boston ,
Union Nat'l Bank, Boston , .
Blackstone Nat'l Bank, Boston ,
Merchants ' Nat'l Bank, Boston,
Republic Nat'l Bank, Boston , .

13,000

Tremont Nat'l Bank , Boston, .
Commonwealth Nat'l Bank , Boston ,
North America Nat'l Bank, Boston ,
North Nat'l Bank , Boston , .
Georgetown Nat'l Bik ,Georgetown,

Merchandise Nat'l Bank, Boston , .

1,400
1,700
12,700
5 ,600
13,000
4,200
12,700
5 ,000
2,600
3,000
10 ,000
5 ,000

$ 19 ,200
13 ,578
5 ,500
61,100
47,470
9,416
33,143
770
7 ,866
2 ,875
1,575
17 ,710

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

11,960 00
1,638 00
2 ,210 00

17 ,780
6 ,018
18 ,200
5 ,208
14,478
5 ,500
2,860
3 ,840
10 ,000
5 ,000

00
00
00
00
00
00
00
00
00
00

$ 17,122 50
11,863 97
5 ,150 00
55 ,440 37
41,576 75
11,500 00
34,000 00
682 50
7 ,031 63
2,500 00
1,500 00
21,816 50
13,649 00
1,900 00
2 ,450 00
18 ,000 00
7 ,512 50
19,325 00
5 ,200 00
17 ,000 00
5 ,000 00
2,418 00
4 ,150 25
10 ,000 00

5 ,000 00

$ 268,000 $354,925 00 $351,788 97

1883. ]

PUBLIC DOCUMENT — No. 8.

185

RAILROAD BONDS.
Estimated
Par Value.

Eastern Railroad 6s,. . .
Old Colony Railroad 6s and 7s,
Boston and Albany Railroad 7s,
Fitchburg Railroad 78, .

Boston and Maine Railroad 7s,

Market Value

Amount Invested .

00
00
00
00

$ 9 ,983 65
30 ,000 00
24 ,000 00
2,000 00
11,000 00

$ 77 ,500 $ 92,935 00

$76 ,983 65

$ 10 ,500

.

30 ,000
24,000
2,000
11,000

$ 11,445
36 ,110
29,520
2,440
13,420

00

186

BANK COMMISSIONERS' REPORT.

[Jan .

LYNN INSTITUTION FOR SAVINGS - LYNN.
Incorporated 1826. Number of corporators, 64.
D . H . SWEETSER, Treasurer.

PHILIP A . CHASE , President.

STATEMENT.
LIABILITIES .

Deposits , .

.

.

Earni undivided ,
Guara ngs
nty fund ,

ASSETS.

$ 2,100 ,741 78 Public funds, .
63,636 10 Loans on public funds,
stock
56,000 00

Bank

$ 339,000 00
5 ,800
47,925
19,700
3,000
40,000

Loans on bank stock ,
Loans on railroad bonds, .

Railroad bonds,

.

.

Real estate ,

00
00
00
00
00

207,255 00

.

.

,

Real estate by foreclosure,

1,521 27
951,457 00
419, 100 00

Loans on real estate ,

Loans on personalsecurity ,

to counties, cities, or
Loans
towns, .

92,000 00
75 ,920 74
878 88

Deposit
in banks on interest,
Tax titles, . . .

16 ,819 99

Cash on band ,

$ 2,220,377 88

$ 2,220,377 88
Loans on Public Funds, amount on each :

On $ 1,000 town of Plymouth bond,

. .

$ 800 00

On $ 3,000 town of Brooklinc bonds,

:

3,000 00

.

. .

. .

On 73 shares First National Bank of Lynn, . .
On 250 shares Maverick National Bank, Boston, .
On 34 shares Central National Bank, Lynn , . .

On 16 shares First National Bank , Lynn, . .
On 18 shares Central National Bank, Lynn,
On 10 shares Exchange National Bank , Boston, .
Loans on Railroad Bonds :

.
.

.
.
·
.

.

.
.
.

.

2,000 00

.

$ 8,000 00
7 ,200 00

. . . . . . .

.

. . . . . . .

.

. : :, : .

On $ 2,000 United States bonds, . . .
Loanson Bank Stock, amount on cach :
On 80 shares City National Bank of Lynn , .

25,000 00
3,325 00

. ) 4,400 00

On $3,000 Boston, Revere Beach and Lynn Railroad, . . . . . $ 3,000 00
.

. .
. .
. .

Amount of municipal tax on real estate,

.

.

.

Cash on Deposit in Banks, amount in each :
First National Bank , Lynn, . . . . .
Security National Bank, Lynn , . . . .

.
.

.
.

.

.

Maverick National Bank, Boston , .

.

.

.

.

Whole amount of interest or profits received or earned,

.

.

. $ 40,000 00

.
.
.

.
.
.

.

..

.
.

.
.

. $53,459 12
20,000 00

.

.

.

. . . . .

Invested in real estate (for banking purposes), .

Estimated value of the same, . . . . .
Amount of real estate held by foreclosure, . .
Assessed value of the same, . . . . .

50,000 00
1.521 27

1,600 00
640 00

2,461 62

. . . . $ 121,663 75

Rate and amount of each semi-annual dividend for previous / 2 per cent.,S 36,567 00
year, . . . . . . .
. . . 2 per cent., ? 37,914 28

187

PUBLIC DOCUMENT — No. 8.

1883. ]

Times for the dividends fixed by the by -laws: May 1 and November 1.
The total amount of loans, with each specified rate of interest : $ 42,500,
4 per cent.; $ 75,000, 45 per cent. ; $ 15,000, 47 per cent. ; $ 341,425, 5 per
cent.; $ 152,000 , 5. per cent.; $ 819,883, 6 per cent.; $ 17,100 , 64 per cent.;
$ 56,374, 7 per cent.

Number of outstanding loanswhich are of an amountnotexceeding $ 3,000
.

.

.

.

Aggregate amountof the same,

each ,

.

.

.

.

.

.

.

.

.

.

. 306

.

.

.

. $411, 100 00

Amountof investments from which no income is received, .

.

.

.

Number of open accounts, . . . . . . .
Number and amountof deposits received for previous year,

.
.

6,602
7,067 485,172 00

Number and amount of deposits of and exceeding
for the previous year, . . . . . .
Number and amount of withdrawals, . . .
Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.

$ 300
.
.
.

1,521 27

at any one time 163,653 00
. . . 330
. . 4,962 428,107 83
. . 1,331
. . . 834

Amount of expenses of the corporation during previous year, .

.

.

5,316 85

Amountof treasurer's bond, .

.

.

50,000 00

.

.

.

.

.

.

.

Date of examination by commissioner : August 1.

PUBLIC FUNDS.
Estimated

Par Value.

United States 44s, .
"

4s,

.

.

.

Market Value. Amount Invested .

$ 115,000 $ 128,800 00

$ 115 ,000 00

40,000

47,600 00

40,000 00

10,000

11,800
19,380
33,700
11, 300
16 ,100
11,700
5,000
27 ,750
1,000
8 ,400

10,000 no
19 ,000 00
31,000 00

City and town bonds :

City ofof Lyn
Cambridge
6s, .
n 5 s, ..
of Lynn 6s,

19 ,000
31,000

.

.

of Fall River 5s,
of Lynn 5s, .

. . . . . . . .

of Lowell 6s, . .
of Somerville 6s,
of Boston 6s, .
of Boston 5s, .

10,000

.
.

of
Fall River 6s,
of Manchester
, N . H ., 6s, .
Town of Natick 7s, .
of Saugus 5s, .
of Malden 6s,.
of Peabody 4s,

..

15 ,500
10,000
5,000
25 ,000
1 ,000
7,000
3 ,000

4,000
8,500
15 ,000
20,000

00
00
00
00
00
00
00
00
00

00

3,300 00
4 ,200 00

10 ,000 00
15 ,500 00

10,000
5 ,000
25 ,000
1,000
7 ,000
3 ,000

00
00
00
00
00

00

4 ,000 00

9,000 00

8 ,500 00

16 ,500 00

15 ,000 00
20 ,000 00

20,000 00
$ 339,000 $ 375,530 00 $ 339,000 00

• BANK STOCK.
Atlantic Nat'l Bank, Boston, .
Rockland Nat'l B:ink , Boston , .
Exchange Nat'l Bank , Boston , .

$ 5 ,300

$ 7 ,950 00

Shoe and Leather Nat'l B ’k , Boston,

10 ,000
5 ,500
6 ,000

12,800 00
7,040 00
6 ,600 00

New England Nat'l Bank , Boston , .

5 ,900

8,260 00

$6 ,625
10 ,000
5 ,500
6 ,000
5,900

00
00
00
00
00

188

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK — Concluded .
Estimated

Par Value.

Market Value.

Amount Invested .

$ 8,900 00

$ 8, 900

$ 11,748 00

.

2,500

Shawmut Nat'l Bank, Boston , .

2,000
1,300
5 ,000
5 ,500
3 ,500

2,625 00
2,200 00
1,534 00

Columbian Nat'l Bank, Boston ,
Market Nat'l Bank , Boston ,

Freeman's Nat'l Bank , Boston ,
Traders' Nat'l Bank , Boston , .
Second Nat'l Bank , Boston , .
Continental Nat'l Bank, Boston ,
Everett Nat'l Bank , Boston , .

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

5 ,400
10 ,000
7, 300
5 ,500
2,500

5 ,000 00
8,250 00
4 ,130 00

5 ,940 00

12,500 00
10 ,950
5 ,775
5 ,000
2 ,625

00
00
00
00

First Nat'l Bank, Boston , . .
North America Nat'l Bank , Boston, I
First Nat'l Bank , Lynn, . .
Central Nat'l Bank , Lynn,

3,400
41, 100
30 ,100

49,320 00
42,742 00

City Nat'l Bank, Lynn, .

21,300

34,080 00

Merchandise Nat'l Bank, Boston ,
.

.

2,500

3,740 00

2 ,500 00

2 ,000 00
1 ,300 00
5 ,000 00

6 ,875 00
3 ,500 00
5 ,400
10 ,000
8,760
5 ,500
3 ,750
2 ,500
3,400
41,100

00
00
00
00
00
00
00
00

36 ,120 00
26 ,625 00

$ 190,500 $250,809 00 $207,255 00
RAILROAD Bonds.

Eastern Railroad, .

.

$ 21,000 | $ 22,890 00

$ 19,700 00

1883. )

189

PUBLIC DOCUMENT - No. 8 ,
MALDEN SAVINGS BANK – MALDEN .
Incorporated March 30, 1860. Number of corporators, 26 .

CALEB WAITE , President.

CHARLES MERRILL, Treasurer.
STATEMENT.

LLABILITIES.

Deposits, .
Earnings undivided ,

Guaranty fund,

Assets.
funds,
..
$576 ,514 41 | Public funds,

.

.

.

3,257 28 Bank stock , . .. .
7,000 00 || Real
Loansestate
on bank foreclosure,
stock , .
by

$90,500 00
82,366 61
550 00

.

.
.

1,000 00
77,000 00

229,355 00

Loans on real estate ,

Loans on personal security,
Loans to counties, cities, or

15,000 00

towns, .
Deposit
in bankson interest, :
Expense account,

85 ,373 30
1, 243 39

·

Premiums,

4 ,383 39

$586,771 69

$586 ,771 69

. . . .

.
.
.
.

·

Loans on Bank Stock :

On 7 shares First National Bank, Malden, . . .
Amount of realestate held by foreclosure, . . .
Assessed value of the same, . . . . .
Amount of income received from the same, . .
Amount of municipal tax on real estate, . .
Cash on Deposit in Banks, amount in each :
First National Bank , Malden ,. . . . . .
Abington National Bank , Abington , . . . .
Blackstone National Bank , Boston , . . . .
Security National Bank, Boston , .
. .
Whole amountof interest or profits received or earned ,

. .
. .
. .
. .

.
.
.
.

$550 00
$ 1,000 00
900 00
89 00
12 24

. .
. .

.

. $ 20,373 30
. 35,000 00

.

.

.

.

.

.

.

, $ 29,303 56

. . . . 20,000 00
10,000 00

Rate and amount of each semi-annual dividend for previous / 2 per cent., S 9,550 46
year, . . . . . . . . . . . 2 per cent., l 10,142 89,

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: $ 25,000,
3 per cent.; $ 20,000, 4 per cent.; $ 25,000, 45 per cent.; $50,000, 5 per
cent.; $ 276 ,905, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
. . 115
each, . . . . . . . .
Aggregate amount of the same, . .
Number of open accounts , . .
. . 2,522
Number and amount of deposits received for previous year, . 3,460
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 131
Number and amount of withdrawals, . . . . . . 1,873
Number of accounts opened the previous year, . .
. . 568
Number of accounts closed the previous year, . . . . . 256
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . .
Date of examination by commissioner : May 1.

159,480 00

218,047 80
63,461 59
142,267 17
1,800 00
10,000 00

190

BANK COMMISSIONERS' REPORT.

[Jan .

PUBLIC FUNDS.
Estimated

Par Valae.

United States 44s, . cy.
Os, curren .
"
" 5s, extended ,

$ 31,500
10 ,000

10 ,000

Market Value. AmountInvested.

$ 35 ,280 00

$ 32,964 68

12,900 00
10,150 00

10 ,000 00
10,000 00

City and town bonds :
City of Newton 5s, .
of Fall River 6s,
of Bangor,Me, 6s,
of Fitchburg 6s,
Town of Brookline 7s,
of Woburn 6s,

8,000

.
.
.
.
.

5 ,000
5 ,000
1,000

10 ,000
10 ,000

.

8,800 00
6 ,250
6 ,050
1, 170
13,100
11,500

00
00
00
00
00

$ 90,500 $ 105,200 00

8,120 00
5 ,375
5 ,325
1,095
12,612
10,950

00
00
00
50
00

$96 ,442 18

BANK STOCK .
Atlas Nat'l Bank , Boston ,
Atlantic Nat'l Bank , Boston , .

Commerce Nat'l Bank , Boston,
Continental Nat'l Bank, Boston,
City Nat'l Bank, Boston , .
Eagle Nat'l Bank, Boston ,
Eliot Nat'l Bank, Boston ,.
Exchange Nat'l Bank, Boston, .
Freeman's Nat'l Bank , Boston, .
First Nat'l Bank , Boston , ,
Globe Nat'l Bank, Boston ,
Hamilton Nat'l Bank, Boston , .
Hide and Leather Nat'l B 'k , Boston ,
Howard Nat'l Bank , Boston , .
Massachusetts Nat'l Bank, Boston, .
Merchants' Nat'l Bank ,Boston ,
Market Nat'l Bank, Boston , .
North America Nat'l Bank, Boston ,
North Nat'l Bank, Boston ,

Old Boston Nat'l Bank , Boston ,
Revere Nat'l Bank, Boston , .
Rockland Nat'l Bank , Boston, .
Redemption Nat'l Bank , Boston ,

State Nat'l Bank, Boston, .
Shawmut Nat'l Bank, Boston , .
Security Nat'l Bank, Boston , .
Suffolk Nat'l Bank , Boston, . .
Traders' Nat'l Bank, Boston,
Malden Nat'l Bank, Malden, .

. .

Tremont Nat'l Bank , Boston ,
Webster Nat'l Bank , Boston , .

$ 2,000
2,300
1,300

2,500
3,600
2 ,800
800

6 ,400
2,500
1 ,500
2,000
1,000
2,000
1, 100
1 ,000

3 ,000
1,000
1,200
1,400
1,050
700
500
5 ,500
4 ,700
1 ,600

2,000
1,200
1,500
1,000

3,000
7,600

$ 2,400 00

3,450 00
1 ,534 00
2,950 00
4 ,248 00

3 ,136 00
912 00
8 ,192 00
2,875
3,150
2 , 160
1 , 180

00
00
00
00

2,200 00
1.342 00

1,112 00
4 ,230 00
1,000 00
1,296 00
1,792 00
1,281 00 .
798 00
675 00
7 ,150 00
5 ,781 00
1 ,744 00
3 ,600 00
1 ,416 00
1,350 00
1,140 00
3,270 00
8 ,740 00

$69,750 $86,104 00

$ 2,000 00
3,490 75
1,381 25
2,335 62

4,354 25
3 ,143 50

920
8,953
2,425
2,745
2,045
1,100
2,000
1,100

00
50
00
00
00
00
00
00

1,080 00
3 ,834 75

1,000
1,130
1,778
1,354

00
50
00
75

707 87
653 75

7 ,361 25
5 ,539 00

1,710 87

3,507 25
1,363 50
1,480 00
1,015 00
7 ,600 00
3, 256 25

$82,366 61

PUBLIC DOCUMENT — No. 8.

1883.]

191

MARBLEHEAD SAVINGS BANK – MARBLEHEAD .

Incorporated 1871. Number of corporators, 41.
William GILLEY, Treasurer.

Isaac C . WYMAX, President.

STATEMENT.
LIABILITIES.

Deposits, . : . :
Earnings undivided .
Guaranty fund ,

ASSETS .

$ 201.807 02 | Public funds,
3,369 78 Bank stock ,
2,688 97 Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security ,
Loins
to counties,
cities,
towns, .
.
Deposit in lank on interest,
Expense account,
Cash on hand, .

.
.

$ 31.816 47
55,818 96
31.324 67
03,500 00

.
.
or
.

16 ,956 67
1,076 76
16 ,273 55
2 : 1 41
777 28

.

$ 207, 86.) 77

$ 207,865 77
Amount of real estate held by foreclosure, .
Assessed value of the same, . . . .
Amountof income received from the same, .

Amountof municipaltax on real cstate,

.
.
.

. .

.
.
.

.
.
.

. .

.
.
.

.
.
.

.
.

$ 31,324 67
23,100 00
1,763 6.5

. . .

391 39

Cash on Deposit in Bank : - .

Marblehead National Bank, .

. . .

.

. . . . $ 16,273 55

Whole amount of interest or profits received or carned , . . . . . $ 7,999 40
Rate and amount of cach semi-annual dividend for previons / 2 per cent , S 3,417 61
year,

.

.

.

.

.

.

.

.

.

. \ 2 per cent.,

3 .559 91

Times for tlic dividends fised by the by-laws: May 1an November 1.
Average annual per cent. of dividends for the terin ending at time of, and
including, last extra dividend : 4.
The total amount of loans, witli cach specitied rate of interest : $ 1,076 .76 ,
4 per cent.; $ 10 ,000 , 5 per cent ; $ 2,505, 5 per cent. ; $ 29,250,6 por cont. ;
$600, 6.4 per cent.; $ 21,050, 7 per cent ; $600, 74 per cent.; $ 2,300, 8 per
cent.

Number of outstanding loans wliich are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 35
Aggregate amount of the same, . . . . . . . . . 33,376 76
Number of open accounts, . . . . . . . . 1,102
Number and amount of deposits received for previous year, . . 876
Number and amount of deposits of and exceeding $ 300 at any one time
.

.

.

.

.

.

Number and amount of withdrawals, .

for the previous year, .

.

.

.

.

.

.

.

. 36
. 610

Number of accounts opened the previous year, . .
Number of accounts closed the previous year, . . . .
Amount of expenses of the corporation during previous year, .

. 183

39,391 00
17,466 00
33,927 82

. 114

.

.

1,596 63

Amount of treasurer's bond , . . . . . . . . . . 10,000 00
Date of examination by commissioner : August 2.

192

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.
Estimated
Par Value. Market
Value,

United States bonds,

.

.

$ 1,500

$ 1,792 50

$ 1,438 13

3,000

3,510 00
10 ,000 00

3,047 00

6 ,000 00
13,000 00

5 ,225 00

13,121 67

$ 27,500 $34,302 50

$31,816 47

City and town bonds:
City of Charlestown ,
of Bangor, Me.,
Town of Arlington, .
of Melrose, .

.

.

Amount Invested .

8,000
5 ,000
10 ,000

8,98 € 67

BANK STOCK .
Marblehead Nat'l Bank ,Marblehead,

$1,200

$ 1,440 00

$ 1,344 00

Merchants' Nat'l Bank, Boston,
Shawmut Nat'l Bank , Boston, .
Shoe and Leather Nat'l B ’k , Boston ,
North Nat'l Bank, Boston, .

2,500
2,500

3,528 12
2,743 75
2 ,215 50

3,084 37

Mount Vernon Nat'l Bank, Boston, .
Continental Nat'l Bank, Boston,
Blackstone Nat'l Bank , Boston ,

Boylston Nat'l Bank, Boston, .
State Nat'l Bank, Boston,

Merchandise Nat'l Bank , Boston ,

Hamilton Nat'l Bank, Boston , .
Market Nat'l Bank , Byston , .
Hide and Leather Nat'l B 'k , Boston ,
Revere Nat'l Bank, Boston, .
Grand Nat'l Bank, Marblehead,
Commerce Nat'l Bank, Boston,
Redemption Nat'l Bank , Boston , .

North America Nat'l Bank, Boston, .
Republic Nat'l Bank, Boston , .

2 ,100
2 ,500
2 ,000
2 ,500
3 ,000
3 ,100
1 ,300
5 ,600
500
900
3 ,200

2,585
2,959
3,255
3,658
1 ,306
6 ,888

400
3,800
1,900
2,900

456 00
4,560 00
2,251 50
3,791 75

2 ,500
2 ,400

2,775 00

$ 16 ,800

3,203 12
00
37
00
00
50
00

590 00
900 00
3,528 00

3,024 00
$ 55 ,658 61

3,331 25

2,366
3 ,056
2,505
2,687
3,485

25
20
50
00

3,839
1, 297
6 ,048
591
999
3,744

50
67
45
25
00
00

25

442 75

4 ,639 15
2,440 00

4 ,067 25
2,778 12
3,072 00

$ 55,818 96

PUBLIC DOCUMENT — No. 8.

1883. ]

193

MARLBOROUGH SAVINGS BANK – MARLBOROUGH.
Incorporated April 3, 1860. Number of corporators, 94.

S. HERBERT Howe, President.

EDWARD R . ALLEY, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS.

8809,624 22 Public funds, .

Deposits, .
Earnings undivided ,
Guaranty fund ,

23 ,570 34
12,539 04

.

.

$ 174,427 00

.

Bank stock ,

129,800 00
437 ,240 00
91,489 64

Loans on real estate, . . .
Loans on personal security , .
| Deposit in banks on interest,
Expense account,

.

11,894 73
882 23

..

$845,733 60

$845,733 60

Cash on Deposit in Banks, amount in each :
First National Bank of Marlborough, . . . .
People's National Bank of Marlborough, . . .
Whole amount of interest or profits received or earned,

.
.

.
.

.
.

.
.

$6,233 23
5,661 50

. $45,999 91

Rate and amount of each semi-annual dividend for previous | 24 per cent., l 17,823 06
. . . . . 12 per cent., l 14 ,823 05
year, . . . . .
Times for the dividends fixed by the by-laws : third Wednesday in January
and July .

Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 6
The total amount of loans, with each specified rate of interest: $5,000,

4 per cent.; $5,000, 43 per cent.; $75,009.44, 5 per cent.; $ 33,810.45,
54 per cent. ; $ 405,283.03, 6 per cent.; $ 1,626 .68, 64 per cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 305
293,240 00
Aggregate amount of the same, .
2,687
. . . .
Number of open accounts, . . .
Number and amount of deposits received for previous year,

.

2,127

174,572 00

Number and amount of deposits of and exceeding $ 300 at any one time

. . . .
. .
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 treasureonr's bond, . . . .
Date of examinati by commissioner : June 19.
for the previous year, . . . .
Number and amount of withdrawals, .

.

.

. 146

75,015 00

.

1,454

157,796 13

.. 539

.

. 403

.

. .

2 ,278 14
10,000 00

Public FUNDS.
Par Value.

United States 4 s,
4s,

.

.

.

.

.

$627
1,100

Estimated
Market Value. Amount Invested .

$678 00

$627 00

1,312 00

1,100 00

194

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS – Concluded .
Estimated
Par Value.

Market Value.

$ 27 ,000

$ 31,830 00

21,000

25 ,210 00
18,960 00
14 ,040 00
13,710 00
8 ,410 00
8,050 00
5 ,236 00
3,030 00
3,125 00
21,300 00
15 ,750 00
11,300 CO
8,320 00
6 ,120 00

Amount Invested .

,

.

16 ,000

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

Cambridge, .
ofof Lyon

·•

of Lowell,

. . . . . . . .

City and town bonds:
City of Charlestown ,
of Boston ,
of Fall River , .

. . .

of Lewiston , Me.,
of Dover, N .H .,
of Portsmouth , N . II.,
of Bangor, Me , i
Town of Marlborough , .
of Winchester,
of Pawtucket, R . I.,
of Woburn , . .
of Hull, .

12,000
12 ,000
7 ,000
7 ,000
4 ,400
3,000
2 ,500
20 ,000
15 ,000
10 ,000
8 ,000
6 ,000
1,800

$ 27,000
21,000
16 ,000
12,000

00
00
00

00

12,000 00
7,000 00
7 ,000
4 ,400
3 ,000
2,500
20 .000
15,000

00
00
00
00
00
00

10 ,000 00
8 ,000 00

6,000 00
1,800 00
1,800 00
$ 174,427 $ 198,181 00 | $ 174,427 00

of Southborough , .

BANK STOCK .
First Nat'l Bank , Marlborough ,
Continental Nat'l Bank , Boston ,

.

Webster Nat'l Bank, Boston , .
Manufacturers' Nat'l B :unk, Boston ,

$ 20 ,600 $20 ,600 00
8 ,800
10 ,415 00
8,250 00
7,500

Third Nat'l Bank, Boston , .
People's Nat'l Bank,Marlborough, .
Eagle Nat'l Bank , Boston , .
Globe Nat'l Bank, Boston, .

7,000
7 ,000
5 ,500
5 ,100
5 ,000

North America Nat'l Bank , Boston ,
City Nat'l Bank , Boston , . .

5 ,000
5 ,000
4,400

Faneuil Hall Nat'l Bank, Boston,
Redemption Nat'l Bank, Boston ,
Boston Nat'l Bank, Boston , .
Merchandise Nat'l Bank , Boston ,
Market Nat'l Bank, Boston , .
State Nat'l Bank , Boston , . .
First Nat'l Bank , Lynn, . .
Republic Nat'l Bank Boston, .
Everett Nat'l Bank , Boston ,
Shoe and Leather Nat'l B 'k , Boston ,
Howard Nat'l Bank , Boston , .

4 ,200
4 ,200
4 ,000
4 ,000
3,000
3 ,000
2,500

Atlas Nat'l Bank , Boston ,
City Nat'l Bank, Worcester ,

2,500
2,500
2,000
2,000
1,600
1,600

Commerce Nat'l Bank , Boston ,

1 ,500

Eliot Nat'l Bank , Boston ,

First Nat'l Bank, Clinton ,

1 ,500

Hide and Leather Nat'l B’k , Boston ,
Blackstone Nat'l Bank, Boston ,

1,400

Revere Nail Bank, Boston ,
Traders ' Nat'l Bank , Boston , .

,

800
700

540
$ 124,440

7 ,332 00
7 ,087 00
6 ,050 00
5 ,750 00
5 , 350 00
5 ,625 00
5 ,950 90
5 ,731 00
5,470 00
4 ,977 00
4 ,060 00
4 ,000 00

3 ,645 00

4 ,050 00
3,119 00
2 ,850) 00
2,637 00
2,440 00
2,422 00
1,904 00
1,760 00
1,785 00
1,800 00
1 ,568 00
858 00
800 00
556 00
$138 ,841 00

$ 20 ,600
8 ,800
7 ,755
7,000
7 ,000

00
00
00
00
00

5 ,500 00

5 ,355 00

5,250
5 ,250
5 ,250
5 ,500
5 ,250
4,410
4 ,000
4 ,000
3,150
3,150
3 ,000
2 ,750
2 ,500
2,000
2 ,100
1 ,680

00
00
00
00
00
00
00
00
00
00
00
(10
00
00
00
00

1,600 00
1,725 00
1 ,680 00

1 ,470 00
800 00
735 00

540 00
$ 129,800 00

PUBLIC DOCUMENT - No. 8 . .

1883 ]

195

MECHANICS' SAVINGS BANK - HOLYOKE .

Incorporated 1872. Number of corporators, 48 .
C. B . Prescott, Treasurer.
STATEM

JAMES H . Newton , President.

ENT.

LIABILITIES .

Deposits, . .
anty fund ,

Earnings undivided ,
Guar

ASSETS.

$ 38 ,208 50

$528,037 40 | Bank stock, . .
5 ,398 53
5,315 00 Loans on real estate ,* .
Loans on personal security , .
Loans to counties, cities, or

11,350 00
380 ,756 84

79,372 00
5 .000 00
1,088 12
2,118 75
1, 198 45

towns,
Expense account,
Furniture and fixtures,

Taxes paid , .
Cash
on hand and in banks, :

19,658 27

$ 538,750 93

$ 538,750 93
Loans on Bank Stock , amount on each :

On 70 shares City National Bank, Holyoke, . . . . . .
On 50 shares Tbird National Bank , Springfield , . . . . .
Cash on Deposit in Banks, amount in each :
City National Bank, Holyoke, . . . . . . . .
Hadley Falls National Bank, Holyoke, . .
. . . .
Whole amount of interest or profits received or earned, . . .

.
.

$6 ,350 00
5,000 00

. $ 16,93 13
.
729 13
. $ 25,412 43

Rate and amount of each semi-annual dividend for previous 2 per cent., S

8,383 03

. ) 2 per cent., l

8,777 69

year,

.

.

.

.

.

.

.

.

Times for the dividends fixed by the by -laws: May and November.
The totalamountof loans,with each specified rateof interest: $ 5,000, 4) per
cent ; $471,478.84, 5 per cent.
Number ofoutstanding loans which are of an amount not excecding $ 3,000
each , . . . . . . . .· ·. · · · · 158
184,277 00
Aggregate amount of the same, .· .·
Amount of investments from which no incomeis received, . . . . 14,700 00
Number of open accounts, . . . . . . . .
1,707
Number and amount of deposits received for previous year, . 2,724 236,425 69
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 198 121,363 00
Numberand amount of withdrawals, .
. . . . 1,464 188,974 82
Number of accounts opened the previous year, . . . . . 772
Number of accounts closed the previous year, . . . . . 645
Amount of expenses of the corporation during previous year, . . . 1,525 30
Amount of treasurer's bond, . . . . . . . . . . . 25 ,000 00
Amount of assistant treasurer's bond, . .
10,000 00
Date of examination by commissioner : August 4.
* This bank has been notified that these loans have exceeded the legal limit.

196

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK.
Estimated

Par Value.

Shoe and Leather Nat'l Bik , Boston ,

First
Nat'l Bank , Springfield, .
Third Nat'l Yank , Springfield ,.
Hadley Falls Nat'l Bank , Holyoke, .
City Nat'l Bank, Holyoke,

.

.

$ 2,200
2,000
5 ,000
4,500
16 ,500
$ 30,200

Market Value. Amount Invested .
$ 2,420 00
3 ,100 00
9 ,000 00

$ 3,008 50
3 ,080 00
8 ,500 00

7,200 00

7,120 00

18 ,975 00

16 ,500 00

$ 10,695 00

$ 38,208 50

PUBLIC DOCUMENT — No. 8. •

1883.]

197

MECHANICS' SAVINGS BANK - LOWELL .

Incorporated 1861. Number of corporators, 70 .
WILLIAM A . BURKE, President.
CHARLES C . HUTCHINSOx, Treasurer.
STATEMENT.
LIABILITIES .

Deposits,

.
. ,
Earnings undiv
ided ,
Guaranty fund,

ASSETS.

$ 1,429,523
46 | Public funds, .
51',331 29 Bank stock ,
30,000 00
2,715 33

Suspense account, .

.

$87,000 00
171,050 00
13,000 00
30,000 00

Loans on bank
Railroad bonds,

92,175 06

Real estate,

Realestate by foreclosure,

173,152 07

Loans on rcal estate, . .
Loans on personal security ,

634 ,828 84
195 ,900 00

Deposit in bank on interest, .
Cash on hand , - .

111,950 00

4 ,514 11

$ 1,513,570 08

$ 1,513,570 08

Loans on Bank Stock ,amounton each :
$ 7,000 00
On 70 shares National Bank of the Commonwealth , Boston ,
On 20 shares Metropolitan National Bank , Boston, . . . . .
4,000 00
On 20 shares Railroad National Bank, Lowell, . . . .
On 30 shares Railroad National Bank , Lowell, . . . . . . .. 2,000 00
Invested in realestate (for banking purposes), . .
. . " $92,175 06
Estimated value of the same, .

.

.

.

.

.

.

.

.

.

80,000 00

Amountof real estate held by foreclosure, . . . . . . . 173,152 07
Assessed value of the same, . . .
Amount of municipaltax on real estate,

.
.

Amount of income received from the same, .

. .
. .
.

.

.

.

.

.
.
.

. 118,400 00
5 ,386 36
.. 1,805 84

Cash on Deposit in Bank :

Railroad National Bank, Lowell, . . .

. . . . . . $ 111,950 00

Whole amount of interest or profits received, . .
. . $76 ,517 90
Rate and amount of cach semi-annual dividend for previous ? 2 per cent., S 26,713 86
year,

.

.

.

.

.

.

.

.

.

.

. \ 2 per cent , ? 27,046 60

Times for the dividends fixed by the by-laws: first Saturday in June and
December

Averago annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 5;
The total amount of loans, with each specified rate of interest: $ 82,400,
4 per cent.; $75,000, 43 per cent.; $ 266 ,350, 5 per cent.; $ 1,800, 51, per

cent.; $ 343,753.84, 6 per cent.; $ 19,500, 62 per cent.; $ 45,850, 7 per cent.;
$ 3,300, 78 per cent.; $ 175, 8 per cent.
Number of outstanding loans which areof an amount not exceeding $ 3,000
each, . . . . .. .. . . .
. . . 226
Aggregate amount of the same, . . . . . . . . . 271,978 84
Amount of investments from which no income is received , . . . . 7,000 00
Number of open accounts, . . . . . . . .
4,061
Number and amount of deposits received for previous year, . 2,827 255,014 83
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous ycar, . . . . . . . . . . 234 128,949 69

198

BANK COMMISSIONERS' REPORT.

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 : May 31.

.
.

[Jan .

2,395 $271,888 06
. 768
. 604
. . $6,051 65
. . 25 ,000 00

.
.

PUBLIC FUNDS.
Estimated
Par Value.

United States bonds, .
Town and city bonds :
· City of Lowell,
.
Town of Woburn , .

.

.
.

Market Value. Amount Invested.

$ 17,000

$17,255 00

$ 17,000 00

50,000

58,000 00

50,000 00

20,000

22,400 00

20 ,000 00

$87,000 $97,655 00

$ 87,000 00

BANK STOCK .

New England Nat'l Bank , Boston,

$ 500

$ 700 00

$ 500 00

.

800

800 00

City Nat' Bank, Boston, .
Mount Vernon Nat'l Bank , Boston, .

800
1,000
1,300

784 00
1,640 00
1 ,098 00
1 ,300 00

900 00

Traders' Nat'l Bank, Boston, .
First Nat'l Bank, Boston, .
Howard Nat'l Bank , Boston, .
Merchants' Nat'l Bank , Boston ,

Second Nat'l Bank , Boston,
Hide and Leather Nat'l B ’k, Boston,
Eliot Nat'l Bank, Boston , .
North America Nat'l Bank, Boston ,
Shawmut Nat'l Bank , Boston, .
Eagle Nat'l Bank , Boston ,
North Nat'l Bank, Boston,
Everett Nat'l Bank, Boston , .
Mechanics' Nat'l Bank, Boston,
Webster Nat'l Bank, Boston , .
Commerce Nat'l Bank, Boston,
Boston Nat'l Bank , Boston ,

Revere Nat'l Bank, Boston ,
Republic Nat'l Bank, Boston, .

Blackstone Nat'l Bank, Boston,
Atlas Nat'l Bank, Boston,

900

1 ,500
2 ,000

1,586 00

2,000

2 ,190 00
3 ,060 00
2 ,280 00

2,500

2,950 00

3 ,700

4 ,255 00

3,900

4 ,329 00
4 ,610 00
5 ,676 00

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

Redemption Nat'l Biink, Boston ,
Metropolitan Nat'l Bank , Boston ,
Collateral Loan Co., Boston , .
Railroad Nat'l Bank , Lowell, .

23,300

Bay State Nat'l Bank , Lilwrence ,
First Nat'l Bank , Malden ,

6 ,800

2,800
2 ,250

10 ,260
6 ,500
5 ,550
5 ,580
7 ,686
18 ,720

00
00
00
00
00
00

10 , 126 00
10,890 00

12,932 00
37 ,654 00

4,880
2,940
27 ,960
3,300
7 ,480

00
00
00
00
00

800 00

1,000
1, 300
1,500
2,000

00
00
00
00

2,000 00
2,500 00
3 ,700 00
3,900 00
4,000 00

4 ,300 00
9 ,000 00
5 ,000 00

5,000 00

4 ,500 00
6 ,300
16 ,000
8,300
9 ,900
10,600
28 ,100
4 ,000
2,800
23 ,300
2,250
6 ,800

00
00
00
00
00
00
00
00
00
00
00

$171,050 $ 208,946 00 $171,050 00
RAILROAD BONDS.
Boston and Maine Railroad 7s,

:. $30,000 $37,800 00 $30,000 00

PUBLIC DOCUMENT — No. 8. ,

1883.]

199

MEDFORD SAVINGS BANK – MEDFORD.
Incorporated 1869. Number of corporators, 58 .
HENRY HASTINGS, President.

Daniel W . LAWRENCE, Treasurer.
STATEMENT.
ASSETS ,

LIABILITIES.

$ 414.239 85 | Public funds, .
Deposits, .
9,251 97 Loans on public funds,
Earnings undivided , I
6 ,000 00 Bank stock ,
Guaranty fund,
600 00 Real estate by foreclosure, .
Suspense account, .
Loans on real estate, .
Loans on personal security , .
Loans
to counties,
cities, or
towns, .
.

$ 27,820 00

Deposit in bank on interest, .

12,700 54
52 17

Cash on hand, .

16 ,535 78
187,275 00
116 ,650 00
44,838 33

.

.

.

1,000 00
23,220 00

$439,091 82

$ 130,091 82

Loans on Public Funds : -

On $ 1,000 United States 4s, . .
Amount of real estate held by foreclosure,
Assessed value of the same, . . .
Amount of incomereceived from the same,
Amount of municipal tax on realestate,

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

.
.
.

. $ 1,000 00
. $16,535 78
. 17,200 00
930 00
.
.
302 72

Cash on Deposit in Bank : -

Exchange National Bank, Boston , . . . . . . . .
$ 12,700 54
Whole amount of interest or profits received or earned, .
. . $ 21,813 68
Rate and amount of each semi-annual dividend for previous / 2 per cent., 6,993 00
year, . . . . . . . . . . . ) 2 per cent., l 7,194 99
Timcs for the dividends fixed by theby -laws: first Saturday in May and
November.
Average annual per cent. of dividends for the term ending at timeof, and
including, last extra dividend : 5 %.
The total amount of loans, with each specified rate of interest : $ 4,500,

3 per cent.; $ 10,000, 33 per cent.; $ 10,000, 4 per cent.; $ 20,000, 41 per
cent.; $ 21,000, 4 ) per cent. ; $ 5,000, 44 per cent.; $ 40,700, 5 per cent.;
$6 .500 , 5 per cent.; $ 22,500 , 54 per cent.; $ 119,575, 6 per cent. ; $ 37,050 ,

6 per cent. ; $71,773, 7 per cent.; $ 975 , 7i5 per cent.; $ 900, 71 per cent.;
$5,450, 8 per cent.

Number ofoutstanding loanswhich are of an amountnot exceeding $ 3,000
each,

.

.

.

.

.

.

.

.

.

.

.

.

. 128

Aggregate amount of the same, . . . . . . . . . 151,225 00
Number of open accounts, . . . . . . . . 1,633
Number and amount of deposits received for previous year, . . 1,681 98,017 00
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 79 44,716 00
Number and amount of withdrawals, . . .
. . . 79977,099 50
Number of accounts opened the previous year, . . . . . 279
.. 158
Number of accounts closed the previous year, .
Amount of expenses of the corporation during previous year, . ' . 1,111 27
Amount of treasurer 's bond, . . . . . . . . . . 20,000 00
Date of examination by commissioner : November 25 .

200

BANK COMMISSIONERS' REPORT.

[Jan.

Public FUNDS.
Estimated
Par Value.

Market Value. Amount Invested .

State , city , and town bonds :

State of Maine 6s, .
City of Lynn 5s, .
Town of Melrose 7s,
of Medford 6s,

$ 1,550 00
5 ,500 00
6 ,200 00

$ 1,500 00

13,320 00

13 ,320 00

$ 26 ,500 $ 29,570 00

$ 27,820 00

$ 1,500

.

5,000
5 ,000
12,000

5 ,000 00
5 ,000 00

BANK STOCK .

Commerce Nat'l Bank, Boston ,

$ 1,200

Hamilton Nat'l Bank, Boston,
Blackstone Nat'l Bank, Boston ,
Revere Nat'l Bank , Boston, .
Eagle Nat'l Bank , Boston , .
Republic Nat'l Bank, Boston , .
Commonwealth Nat'l Bank, Boston ,
Monument Nat'l Bank , Boston ,
Market Nat'l Bank, Boston, .
Hide and Leather Nat'l Bik , Boston ,
Webster Nat'l Bank, Boston , .

1 ,500
3,300
400
1.000
1 ,500
2 ,000
2 ,500
1,000
2 ,000
1 ,000

Boston Nat'l Bank, Boston,

2,500

..

$ 1,428 00

1 ,770
3,564
456
1,130
1 ,725
2,250
5 ,075
1,000
2,220
1 ,085
2,975

$ 1,200 00

00
00
00
00
00
00
00
00
00
00
00

2,800 00

$19,900 $24,678 00

$23,220 00

1,800 00
3,500 00
440 00
1,120 00
1 ,725 00
2 ,140 00 '

4 ,265 00
1,000 00
2 ,200 00

1,030 00

201

PUBLIC DOCUMENT - No. 8 .

1883. ]

MEDWAY SAVINGS BANK — MEDWAY.
Incorporated 1871. Number of corporators, 35 .
M . M . FISHER, President.
0 . A. Mason, Treasurer.
STATEMENT.
LIABILITIES.

Deposits , . . . ,
Earnings individed ,

Guaranty fund,

ASSETS .

$ 189 .899 71 Bank stock, .
3 .872 69 Real estate hy foreclosure,
5 ,121 10 Loans on realestate , . .

$ 41,613 75

.

10 ,290 97
101,788 63

Loans to counties, cities, or
towns, .

36 ,334 11
3,000 00

Loans on personal security

Deposit in bank on interest, :

Expense account,
Cash on hand, .

•
.

.
.

1,585 16
778 08

.

502 80

$ 198,893 50

$ 198,893 50

Amount of real estate held by foreclosure, .

.

.

.

.

.

Assessed value of the same, .

.

.

.

.

.

.

.

Amountof income received from the same, .
Amountof municipal tax on real estate, . .

.
.

.
.

.
.

.
.

.
.

.
.

9,715 00
513 30
155 25

.

.

.

.

.

$ 1,585 16

.

.

. $ 10,290 97

Cash on Deposit in Bank :
Central National Bank, Boston,

.

.

.

Whole amountof interest or profits received or earned, . . . . $ 10,532 38
Rate and amountof cach semi-annualdividend for previous 2 per cent., ) 3,380 98
year, . . . . . . . . . . . ) 2 per cent., 3,514 08
Times for the dividends fixed by the by-laws : June 1 and December 1.
Average annual per cent. of*dividends for the term ending at time of,and
including, last extra dividend : 48.
The total amount of loans, with each specificd rate of interest : $ 3,000 ,
4 per cent.; $ 13,000, 54 per cent.; $ 100,009 74, 6 per cent.; $ 28,113,
7 per cent.

Number of outstanding loans which are ofan amount notexceeding $3,000
each, . . . . . . . . . . . . . 171
Aggregate amount of the same, . . . . . . . . . 112,622 74
Amount of investments from which no incomeis received , . . . . 13,000 00
Number of open accounts, . . . . . . . . . 830
Number and amountof deposits received for previous year, . . 616 74,673 25
Number and amountof deposits of and exceeding $300 at any one time
. . 59 33,286 92
for the previous year, . . . .
Number and amount of withdrawals, . . .
. . 681 74,576 64
Number of accounts opened the previous year, . .
. . 98
Number of accounts closed the previous year, . . . . . 72
Amount of expenses of the corporation during previous year, . . .
775 00
Amount of treasurer's bond , . . . . . . . . . . 10,000 00
Date of examination by commissioner : November 28.

202

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK .
Estimated
Par Value.

Wrentham Nat'l Bank, Wrentham , .
Mount Vernon Nat'l Bank, Boston, .
Market Nat'l Bank , Boston, .
S . Framingham N ' B 'k , S . Fram 'h 'm ,
Franklin Nat'l Bank, Franklin ,
Dedham Nat'l Bank, Dedham , .

$ 225
4,200
1,500
1,000
2,000
1,700
3,200

Holliston Nat'l Bank , Holliston ,

4,200
3,000

Merchandise Nat'l Bank, Boston , .

First Ward Nat'l Bank, Boston ,
Manufacturers' Nat'l Bank, Boston , .

Central Nat'l Bank , Boston, .

Market Valuc. AmountInvested.

00
00
00
00
00
00
00
00
00
00
00

* 13,167 50

$ 2,525 $ 38,075 00

$11,613 75

5 ,000
6 ,500

• Including assessment.

$ 240
4 ,200
1,725
1.000
2,000
1 ,955
3,810
5 ,010
3,000
5 ,000
10,075

$ 310 00

4 ,454 50
1,623 75
1 ,030 00

2,000 00
1,972 00
3,841 00
5 ,040 00

3,075 00
5 , 100 00

1883.]

203

PUBLIC DOCUMENT — No. 8 .
MELROSE SAVINGS BANK – MELROSE.
Organized August 5, 1874, S

Incorporated April 3, 1872, ) Number of corporators, 22.

Daniel Russell, President.

E. H . Goss, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, .
Earnings individed ,

Guaranty fund,

.

ASSETS.

$ 130.503 36 Public funds, . :
2, 171 0:3 Loans on public funds,
1,119 91 Bank stock ,

$ 29,147 50
9,744 62
10 ,271 50

Loans on railroad bond
Loans on railroad stock , .
Loans on real estate ,

2,000 00
500 00

77 ,900 00
100 00

security .
Loans on personal
bank interest,
Deposit in

654 19
231 21

on

Expense account,
Cash on hand ,

.

3,545 28

$ 134,094 30

$ 134,094 30
Loans on Public Funds :
On $ 10,000 United States 44s, .

.

.

.

.

.

.

.

.

.

$ 9,744 62

Loans on Railroad Bonds :

On $2,000 Old Colony Railroad, . . . . . . . . . $2,000 00
Cash on Deposit in Bank :
Everett National Bank , Boston , .

.

.

.

.

.

.

.

$654 19

.

Whole amount of interest or profits received or carned, .
. $ 6 ,928 55
Rate and ainount of each semi-annual dividend for previous | 2 per cent, J 1,985 89
year, . . . . . . . . . . . 2 per cent., 1 2,186 43
Times for thedividends fixed by the by-laws : January 1 and July 1.
The totalamount of loans, with each specified rate of interest: $ 11,774 .62,

5 per cent.; $56,660, 6 per cent.; $ 4,400, 64 per cent.; $2,700, 68 per
cent.; $ 14,710, 7 per cent.

Number ofoutstanding loans which are ofan amountnot exceeding $ 3,000
each, . . . . . . . . . . . . . 52
Aggregate amount of the same,

.

.

.

.

49,800 62

. . . 861
Number and amount of deposits received for previous year, . 1,183 67,299
Number and amount of deposits of and exceeding $ 300 at any one time
Number of open accounts,

for the previous year, . . . .
Number and amount of withdrawals, .

.
.

.
.

.
.

.
.

.
.

. 43
. 601

Number of accounts opened the previous year, .

.

.

.

. 208

. . .
Number of accounts closed the previous year,
Amount of expenses of the corporation during previous year, .
Amountof treasurer's hond, . .
Date of cxamination by commissioner : October 30.

100
. 108

.

.

25,554 21
61,727 91
740 70

5 ,000 00

204

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.
Estimated

Par Value.

Market Value.

City and town bonds :
City of Lewiston, Me., 6s,
of Dover, N . H ., 6s, .
of Portsmouth , N . 11., 6s,

$ 3,000
3 ,000
1 ,000

$ 3,030 00
3,240 00

of Portland, Me.,6s,
of Brockton 5s,
.
of Boston 4s, . .
Town of Gardiner, Me., 6s, . .

5 ,000
8,000
7 ,000
1,000

6 ,000 00

1,100 00

8,640 00
7 ,210 00
1,010 00

$ 28 ,000 $ 30 ,230 CO

Amount Invested .

$ 3 ,090
3 ,150
1,048
5 ,218
8 ,640
7 ,000
1,000

00
00
75
75
00
00
00

$ 29,147 50

BANK STOCK .
Everett Nat'l Bank , Boston , .

$ 2,700

$ 3,051 00

$ 3,043 50

Freeman's Nat'l Bank, Boston ,

6 ,000

7,002 00

7,228 00

$8,700 $ 10,053 00

$ 10,271 50

PUBLIC DOCUMENT — No. 8.

1883 .]

205

MERRIMAC SAVINGS BANK – MERRIMAC.

Incorporated 1871. Number of corporators, 36 .
DANIEL J. POURE, Treasurer.

WILLIAM H . HASKELL, President.

STATEMENT.

LIABILITIES.

Deposits, .
Ear
und

nings funivided
Guaran
ty d,

,

ASSETS.

Bank stock ,
$ 278 ,746 86 Railroad
bonds,
3,765 89
on real estate ,
Loans
3,631 23

$ 2,000 00
8 ,600 00

128 ,075
100, 143
1,725
44,000
1,600

Loans on personalsecurity ,* .
Loans to counties, cities or towns,
Deposit in bank, on interest,
Cash in bank .

$ 286 ,143 98

00
00
00
00
98

$ 286,143 98

Cash on Deposit in Bank :

First National Bank, Merrimac, . . . . .
Whole amountof interest or profits received or earned,

.
.

. .
. .

. $45,600 98
. $ 14,649 98

Rate and amount of each semi-annual dividend for previous / 2 per cent.,
year,

.

.

.

.

.

.

.

.

.

.

2 per cent., 2

4,575 36
5, 129 74

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 : 54.
The total amount of loans, with each specified rate of interest : $64,273,
5 per cent. ; $ 10,000 , 58 per cent.; $ 127,645 , 6 per cent.; $ 10 ,200, 6 per

cent.; $ 17,825, 7 per cent.
Number of outstanding loans which are of an amount notexceeding $ 3,000
each , . . . . . . . . . . . . . 98

Aggregate amountof the same, .
Number of open accounts , . . .
. . . 892
Number and amount of deposits received for previous year, . . 847
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 expensesof the corporation during previous year,
Amountof treasurer's bond , . . . . . . .
Date of examination by commissioner : June 10.

. . 58
. . 336
. . 209
. . 75
. . .
. . .

* This bank has been notified that these loans hare excceded the legal limit.

87,570 00
81,892 84
24 ,528 68
33,858 19
2,529 42

10,000 00

206

BANK COMMISSIONERS ' REPORT .

[Jan .

BANK STOCK .
Par Value.

First Nat'l Bank ,Merrimac, .

$ 2,000

Estimated
Market Value.

Amount Invested .

$ 2,600 00

$ 2,000 00

$9,460 00

$8,600 00

RAILROAD BONDS.

West Amesbury Branch Railroad,

$ 8,600

PUBLIC DOCUMENT - No. 8 .

1883.)

207

MERRIMACK RIVER SAVINGS BANK – LOWELL.

Incorporated Feb. 24, 1871. Number of corporators, 39.
N . G . Lamsox, Treasurer.
J. G . PEABODY, President.
STATEMENT.

LIABILITIES.

Deposits, . .
Earnings undivided,
Guaranty fund, . .

ASSETS.

$ 378,102 25 Public funds, . .
12,288 25 Bank stock ,
Loans
on bank stock ,
Railr bonds,

.

$ 7,000 00
23,600 00
.|

.

12 ,000
1,000
19,800
189,101

oad

Real estate by foreclosure,
Loans on real estate,. .

00
00
00
25

126 ,400 00
3,000 00
9,715 61

Loans on personal security,
Loans to counties, cities,
towns, .
Deposit in banks on interest.

514 93

Cash on band .

$ 392,131 79

$392,131 79
Loans on Bank Stock :

On 120 shares Wamesit National Bank, Lowell, . . . . . . $12,000 00
Loans on Railroad Bonds:

On $ 1,000 Boston and Lowell Railroad,

. . . $ 1,000 00

. .

Amount of real estate held by foreclosure, . .

.

Assessed value of the same, .

.

.

$ 19,800 00

.

.

.

.

.

Amount of incomereceived from the same, .
Amount of municipal tax on realestate, .

.
.

.
.

.
.

.
.

.

.

20,500 00

.

.
.

2, 143 96
431 85

Cash on Deposit in Banks, amount in each :

Wamesit National Bank , Lowell, . . . . .
Maverick National Bank, Boston , . .
·
Whole amount of interest or profits received or earned ,

. . . . $5,520 25
· · · · 4,195 36
. . . . $ 19,993 01
Rate and amount ofeach semi-annual dividend for previous / 2 per cent.,S 6,218 38
S2 per cent,? 6,730 23
year, . . . . .

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 : 5 .
The total amount of loans, with each specified rate of interest: $ 105,400,
5 per cent. ; $ 57,900, 52 per cent.; $ 166 ,915, 6 per cent. ; $ 20,056 .25, 7 per
cent.; $ 1,000, 8 per cent.

Number of outstanding loans which are ofan amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

. bo

Aggregate amount of the same, . . . . . . . . . 82,551 25
Number of open accounts,

.

.

.

.

.. .

.

.

. 977

. 732 110,381 05
Number and amount of deposits received for previous year,
Number and amountof deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 100 58,157 96
Number and amountof withdrawals, . . . . . . . 509 67,001 67
Number of accounts opened the previous year, . . . . . 241
. . 127
Number of accounts closed the previous year, . .
Amount of expenses of the corporation during previous year, . . .
775 58
. . . . . 15,000 00
Amount of treasurer's bond, . . . .
Date of examination by commissioner : July 7.

208

BANK COMMISSIONERS' REPORT.

[ Jan.

PUBLIC FUNDS.
Par Value.

Town bonds :
· Town of Natick , .
of Provincetown, .

Estimated
Market Value.

Amount Invested .

$ 3 ,000

$ 3, 100 00

4,000
$7 ,000

4 ,200 00

$ 3,000 00
4,000 00

$7,300 00

$7,000 00

$ 5 ,355
2,750
1,500
3,690
2,324

$ 4,500
2,500
1,000
3 ,000
2,100
1,000
900
1,600
5 ,000
2,000

BANK STOCK .
Tremont Nat'l Bank , Boston , .
Blackstone Nat'l Bank , Boston,

Atlantic Nat'l Bank, Boston , .
Atlas Nat'l Bank, Boston
Hide and Leather Nat'l B 'k , Boston , i
Howard Nat'l Bank, Boston , .
North Nat'l Bank , Boston,
Metropolitan Nat'l Bank , Boston ,
Boston Nat'l Bank, Boston,

Redemption Nat'l Bank, Boston ,

$ 1,500
2,500
1,000
3,000
2,100

00
00
00
00
00

1,000
900

1,200 00
1,206 00

1 ,600
2 ,000

1 ,920 00
6 ,250 00

5 ,000

2,600 00

$23,600 $ 28,795 00

00
00
00
00
00
00
00
00
00
00

$ 23,600 00

1883.]

PUBLIC DOCUMENT — No. 8.

209

MIDDLEBOROUGH SAVINGS BANK - MIDDLEBOROUGH.
Incorporated March 15, 1873. Number of corporators, 36 .

EVERETT Robinson, President.

Cornelius B. Wood , Treasurer.
STATEMENT.

LIABILITIES.

Deposits, . .. ,

Earnings fun
undivided ,
Guaran
ty d ,

ASSETS.

$ 445,449
22
4 ,430 38
4,647 00

Interest paid in ad
vance , .

.

Bank stock ,

.

.

$ 13,140 00

Railroad bond
Loans on real estate ,

5,112 50
282,097 93

Loans on personal security ,

89,479 79

3,313 12 Loans
to counties, cities, or
towns, .

.

21,691 11
44,5228 65
49

Deposit in banks on interest. .
Expense account,

Cash on hand , .

.

1,787 25

$ 157,839 72

$ 457,839 72

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

.

.

.

.

.

.

.

.

$ 6 ,522 49

Brockton National Bank , Brockton ,

.

.

.

.

. .

.

.

18,000 00

.

20,000 00
. $ 25,677 14

HomeNational Bank , Brockton , . . .
Whole amount of interest or profits received or earned,

.

.

Rate and amount of each semi-annual dividend for previous / 2 per cent.,

year, . . . .

. . . . .

8,049 36

.12 per cent., l 8,403 29

Times for the dividends 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 .
The total amount of loans, with each specified rate of interest: $ 1,500,
4 per cent.; $ 11,000, 45 per cent. ; $ 37 ,000, 5 per cent.; $ 3,000, 5 . per
cent.; $331,068.83, 6 per cent.; $ 6,700, 6., per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 376
Aggregate amountof the same, . . . . . . . . . $ 266,762 52
Number of open accounts, . . . . . . . . 1,658
Number and amount of deposits received for previous year, . 1,004 91,997 11
Number and amount of deposits of and exceeding $300 at any one time
.

.

.

.

.

.

. 61

3 0 , 396 41

Number and amount of withdrawals, .

for the previous year, .

.

.

.

.

.

.

.

. 726
. 256
118

60,056 63

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 treasureonr's bond , . .ner . .
Date of examinati by commissio : April 7.

. .
. .

1,391 70

10,000 00

210

BANK COMMISSIONERS REPORT.

[Jan.

BANK STOCK .
Estimated
Par Value.

Commerce Nat'l Bank, New Bedford ,
Webster Nat'l Bank , Boston , . .
Tremont Nat'l Bank , Boston , . .
Suffolk Nat'l Bank , Boston, . .

$ 3,000
5 ,000
2,200
2 ,100

Market Value.

$ 3,900
5 ,400
2 ,508
2 ,478

00
00
00
00

$ 12,300 $ 14,286 00

Amount Invested .

$ 3 ,540 00
4 ,961 00
2,329 00

2,310 00
$ 13,140 00

RAILROAD Bonds.

Old Colony Railroad, . . .
-

-

$ 5,000

$5 ,800 00

$5,112 50

PUBLIC DOCUMENT — No. 8.

1883. ]

211

MIDDLESEX INSTITUTION FOR SAVINGS - CONCORD.
Incorporated 1835. Number of corporators, 22.
GEORGE M . BROOKS, President. STATEMENT. GEORGE Heywood, Treasurer.
LIABILITIES.

ASSETS.

Deposits, . .
funds, .
$ 1,015,513 01 Public
Earnings undivided,
33,989 32 Bank stock ,

.

Guaranty fund,

15 ,000 00

$61,000 00
276,500 00

.

Loans
on bank stock , .
Railroad bonds,
Real estate by foreclosure,
Loans

500 00

142,000 00
26 ,500 00

.

on real estate, . .
Loans on personalsecurity ,

327,968 80
100,088 49
61,000 00
50,000 00

.
.

Loans to counties, cities, or
towns,

.

Deposit in banks on interest. .
Expense account,

..

1, 196 90

Cash in bank , .

.

17 ,748 14

$ 1,064,502 33

$ 1,061,502 33
Loans on Bank Stock :

On 3 shares Concord National Bank of Concord, .

.

On 5 shares of Middlesex Central Railroad stock,

.

.

.

.

.}

3.500 00

Amountof realestate held by foreclosure, . . . . . . . $ 26,500 00
. . . . . . . . . 23,400 00
Amountof incomereceived from the same, . . . . . . . , 470 00
660 88
Amount of municipal tax on real estate, . . . . . . .
Cash on Deposit in Banks, amount in each :
ContinentalNational Bank, Boston , . . . . . . . . $50,000 00
Concord National Bank , Concord, . . . . . . . . . 17,748 14
Whole amount of interest or profits received or earned , . . . . $65,675 33

. . . .

Assessed value of the same, .

Rate and amount of each semi-annualdividend for previous / 2 per cent., ſl 19,293
19,195 '1833

year, . .
Extra dividend,

.
.

.
.

.
.

.
.

.
.

.
.

.
.

.
.

.

2 per cent.,
. . .

10, 168 71

Times for the dividends fixed by the by-laws : June and December.

Average annual per cent, of dividends for the term ending at timeof,and
including, last extra dividend : 43
The total amount of loans, with each specified rate of interest : $ 1,000 ,
4 per cent.; $4,000, 4 . per cent.; $65,368.80, 5 per cent.; $ 246 ,000, 6 per
cent.; $ 115,138.49, 64 per cent.; $ 31,050, 7 per cent.; $6,500,7 } per cent.;
$500 , 8 per cent.; $ 20,000 , 9 per cent.

Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

. 151

Aggregate amountof the same, . . . . . .
.
197,400 00
Amount of investments from which no income is received, . . . . 20 ,000 00
Number of open accounts, . . . . . . . . 3,038
Number and amount of deposits received for previous year, . 1,485 121,964 33
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . .
• . 87 46 ,217 45
. 1,436 164,599 17
Number and amountof withdrawals, . .
. . 357
Number of accounts opened the previous year, .
Number of accounts closed the previous year, . . . . . 254
Amount of expenses of the corporation during previous year, . . . 3,447 11
Amount of treasurer 's bond , .

.

.

.

Date of examination by commissioner : July 17.

.

.

.

.

.

.

10,000 00

212

BANK COMMISSIONERS' REPORT.

[Jun .

Public FUNDS.
Estimated
Par Value.

United States 3£s,

·

Market Value. AmountInvested.

$50,750 00

$50,000 00

6 ,000

6 ,720 00

6 ,000 00

5 ,000

6 ,000 00

5 ,000 00

$61,000 $63,470 00

$61,000 00

$ 30,000

State bonds :

State of Maine,

.

of Rhode Island, .

.

BANK STOCK .
$ 10,600
13 ,300
5 ,000
10 ,000

Blackstone Nat'l B .ink , Boston ,

Boston Nat'l Bank, Boston, .
CentralNat'l Bank, Boston,
City Nat'l Bank , Boston , .
Columbian Nat'l B .ink, Boston,
Commerce Nat'l Bank , Boston,
Continental Nat'l Bank, Boston,
Eagle Nat'l Bank, Boston ,

6 ,700
11.300

2,700
15 ,000

16 ,700
10 ,000

Eliot Nat'l Bank , Boston , .

Faneuil Hall Nat'l Bank, Boston,

First Nat'l Bank , Boston,
Hamilton Nat'l Bank, Boston , .
Ilide and Leather Nat'l Bank, Boston,
lloward Nat'l Bank, Boston , .
Market Nat'l Bank , Boston , .
Merchants' Nat'l Bink , Boston,

North America Nat'l Bank, Boston ,

Old Boston Nat'l Bank, Boston ,
Revere Nat'l Bank , Boston , .
Second Nat'l Bank, Boston , .
Shawmut Nat'l Bank , Boston, .

2,800
2, 100

7,200
20 ,000

5,600
15 ,000
10,000
600
22,500

4 ,500
10 ,000

Shoe and Leather N 'I Bauk , Boston ,
State Nat'l Bank , Boston ,

Third Nat'l Bank, Boston, .
Traders' Nat'l Bank, Boston, .
Tremont Nat'l Bank, Boston, .
Webster Nat'l Bank, Boston , .
Concord Nat'l Bank , Concord , .
Old Lowell Nat'l Bank, Lowell,
Framingham N 'I B 'k , Framingham ,

First Nat'l Bank,Marlborough,

10 ,000
13 ,800
1,000

5 ,700
10 ,000
15 ,000
10 ,000

$ 11,501 00
15 ,827
8 ,700
11,850
8,710

00
00
00
00

13,390 50
3 . 199 50

16 ,875
19,873
13,025
5 ,670

00
00
00
00

2,478 00
24,400 00
5,656 00
7 ,920 00

21,300 00
11,000 00
722 00

25,650 00
6 ,918 751

10 ,950 00
10 ,550 00

16 ,974 00
1,015 00
5 ,130 00
11,400 00
16 ,350 00

500

12,500 00
1,080 00
750 00

3,000

3,300 00

900

$ 10 ,600 00

13 ,300 00
10 ,000
10 ,000
6 ,700
11, 300
2,700
15 ,000
16 ,700
10 ,000
2,800
2,100
7 ,200
20 ,000

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

5 ,600 00
15 ,000 00
10 ,000
600
22,500
4 ,500

00
00
00
00

10,000 00

10 ,000
13,800
1,000
5 ,700
10 ,000

0)
00
00
00
00

15 ,000
10 ,000
900
500

00
00
00
00

3,000 00

$271,500 $ 324,664 75 $276,500 00
RAILROAD BONDS.

Boston and
AlbanyRailroad,
.·
Eastern
Railroad,
·

.

$ 100,000 $ 123,500 00 $ 100,000 00
42,000

45,990 00

42,000 00

$ 142,000 $169,490 00 $ 142,000 00

1883.]

213

PUBLIC DOCUMENT — No. 8.
MILFORD SAVINGS BANK – MILFORD.
Incorporated April 24, 1851. Number of corporators, 38.

Orison UNDERWOOD, President.

JAMES E . WALKER, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, . .
Earnings undivided,
Guaranty fund,

ASSETS.

$ 836 ,437 02 Public funds,
1011,036
,387 5546 1. Bank
Loansstock
on public
funds,
,

$ 117,810 00
400 00
179,892 74

Loans on bank stock ,

.

6 ,830
11,410
27 .000
1,780
266 ,110

Railroad bonds,
Real estate ,

Real estate by foreclosure,

.

Loans on real estate, . .
Loans on personal security,

00
00
00
22
36

229,541 42

Loans
to counties,
cities,. or.
towns, .
.
.

12,700 00

Deposit in banks on interest, .
Cash in bank ,

3, 103 28
953 01

$ 857,861 03

$857,861 03
Loans on Public Funds :

.

.

.

.

On 116 shares Milford National Bank , . .
Invested in realestate (for banking purposes),
Estimated value of the same, . . . .
Amount of real estate held by foreclosure, .
Assessed value of the same, .

.

.

.

.

.

.

.

.

.

. . .
. . .
. .
.

.
.

.

. $6,830 00
. $ 27,000 00

.

Amount of income received from the same, . .
Amount of municipaltax on real estate,
Cash on Deposit in Banks,amount in each :

.

1,780 22
1,875 00

168 00
348 23

.

.

.

.

.

·

Maverick National Bank , Boston ,

Manufacturers' National Bank , Boston, .

$ 100 00

27,000 00

.::: .

On $ 500 United States 4ds,
Loan on Bank Stock :

.

.

$ 1,589 12
1,814 16
953 01

Milford National Bank, Milford , . . . . . . . . .
Whole amount of interest or profits received or earned , . . . . $ 10,166 48
Rate and amount of each semi-annual dividend for previous / 2 per cent.,S 14,753 56
year, . . . . . . . . . .
2 per cent., ? 15 ,214 61
Times for the dividends fixed by the by-laws: second Saturday in April
and October.
Average annual per cent of dividends for the term ending at time of, and
including, last extra dividend : 6 :20.
The total amount of loans, with cach specified rate of interest : $ 5,350 ,

4 per cent.; $ 23,139.50, 45 per cent.; $ 212,211.74, 5 per cent.; $ 15,200,
5 ) per cent.; $ 152,056.51, 6 per cent.; $9,385, 6 per cent.; $55,739, 7 per
cent.; $300, 71% per cent. ; $ 700,75 per cent.; $ 1,500, 8 per cent.
Number ofoutstanding loanswhich are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 213
Aggregate amountof the same, . . . . . .
Amount of investments from which no incomeis received, .

.
.

.
.

. 213,612 30
. 30,000 00

214

BANK COMMISSIONERS' REPORT.

Number of open accounts ,

.

.

.

.

.

.

Number and amount of deposits received for previous year,

.

2,917

.

2,239 $218,754 05

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 149 80 ,578 82

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 : March 25.

.
.
.
.
.

1,888 150,931 60
. 516
. 372
. . 2,112 66
. . 10,000 00

PUBLIC FUNDS.
Estimated

United States 4s,

.

.

.

Par Value.

Market Value.

Amount Invested .

$ 16 ,500
42,000

$ 19,717 50
47 ,512 50

$ 16 ,500 00

2,000
36 ,000
20,000

2,500 00
40,320 00
23,300 00

2,000 00
36,000 00
20,000 00

43,310 00

City and town bonds:
City of Portland ,Me.,6s, .
Town of Milford 5s, .
of Milford 6s,

$116,500 $ 133,350 00 $ 117,810 00
Bank Stock .
Milford Nat'l Bank ,Milford , . .
Hopkinton Nat'l Bank, Hopkinton ,
Atlas Nat'l Bank , Boston ,
Atlantic Nat'l Bank, Boston, .
Blackstone Nat'l Bank, Boston ,
Boylston Nat'l Bank, Boston , .
Central Nat'l Bank, Boston , .
Continental Nat'l Bank, Boston,
Eagle Nat'l Bank, Boston ,
Eliot Nat'l Bank, Boston,
Exchange Nat'l Bank, Boston ,.
Freeman's Nat'l Bank, Boston,
Hide and Leather Nat'l B ’k , Boston ,
Howard Nat'l Bank , Boston, .

Home Nat'l Bank , Brockton, .

Maverick Nat'l Bank , Boston , .
North Nat'l Bank , Boston,

Revere Nat'l Bank, Boston ,

.

Redemption Nat'l Bank , Boston ,

ShawmutNat'l Bank, Boston , .
Shoe and Leather Nat'l B ’ k , Boston ,
Washington Nat'l Bank , Boston ,

Union Nat'l Bank, Boston ,
Webster Nat'l Bank, Boston , .

$ 25,300
17,000
2,700
5 ,000
1 ,000
2,300
700

15 ,000
2 ,500
500
4 ,800

$ 31,155 00

19,900
3,240
6 ,056
1,505
2,195

00
00
25
00
50

23,250 00

30 ,000 00

2,959 38
563 75
5,712 00
3 ,253 12

4 ,640 00

10 ,000
4, 200
500
7,800

11,000 00
5 ,124 00
1,125 67
10 ,042 50
3 ,420 00
14,410 00
10 ,975 00
211 00
5 ,430 00
6 ,580 00
758 62

200
700

2,300 00
1 ,070 12

4 ,000

4 ,000
4 ,700

2 ,700 00
1,530 00

6 ,500 00

826 00

2,500

3 ,000
11,000
10 ,000

$ 29,013 75
17,000 00

2,955
588
5 ,682
3 ,581

25
75
99
25

5 ,360 00
10 ,659 50

4 ,496 00
1,000 00
10 ,766 63
3,000 00
15 ,655 00
12,057 50
274 50
5 ,505 00
7 ,496 50
700 00

$ 139,400 $177,632 79 / $ 179,892 74

1883 . ]

PUBLIC DOCUMENT - No. 8.

215

RAILROAD Bonds.
Estimated
Par Value,

Boston and Albany Railroad 7s,

Boston and Albany Railroad 68,

$:3,000
7 ,000
$ 10,000

Market Value. Amount Invested .

$:3,735 00
8,260 00
$ 11,995 00

$ 3,600 00

7,810 00
$ 11,440 00

216

BANK COMMISSIONERS' REPORT.

[Jan.

MILLBURY SAVINGS BANK – MILLBURY.
Incorporated 1854. Number of corporators, 44.
William R . Hill , President.
David Atwood,
STATEMENT.
LIABILITIES.

Treasurer.

ASSETS.

Deposits, :

8.576 .010 61 | Public funds, .
13 ,399 11 Bank stock

Earnings individed .

$04,000 00
135 ,900 00
8 ,000 00
20,000 00
18 ,000 00
4,899 57
239,525 00
10,000 00
60,500 00
18 ,300 00
571 84
15 ,500 00
1,200 00
21 00
667 31

.

,

Guaranty fund,
Suspense account, .

Loans on bank stock ,

7 .400 00

275 00

Railroad bonds,

Real estate,

Realestate by foreclosure,

.

Loans on real estate ,

Loans on personal security ,
to counties , cities, or
Loans
towns, . .
Deposit in bank on interest, .
Expense account,

.

.

Premium account,
Safe and furniture,

Insurance,

Cash on band, .

.

$597,084 72
Loans on Bank Stock : -

$597,084 72

.

On 88 sbares Millbury National Bank , .

.

.

.

.

.
. .
.
. .

Amount of income received from the same, .

.

. . . . . .

Invested in real estate (for banking purposes),
Estimated value of the same, . . . .
Amount of real estate held by foreclosure, .
Assessed value of the same, . . . .

.

.

.

.

.

.

.

.

.

$ 8,000 00

$ 18,000 00
. 18 ,000 00
4,899 57
. 5,200 00
56 00

Amount of municipal tax on realestate, . .
Cash on Deposit in Bank :
Millbury National Bank, . . . . . . . . . .
Whole amount of interest or profits received or earned , . . . .
Rate and amountofeach semi-annual dividend for previous 2 per cent.,S
52 per cent ,?
year, . . . . . . . .
Times for the dividends fixed by the by-laws: January and July.
The total amount of loans, with each specified rate of interest : $5,000,

324 40
$18,300 00
$ 34,467 59
10,444 66
10,600 33

4 ) per cent. ; $ 19,000, 5 per cent.; $ 10,000 , 5 per cent.; $ 254,025, 6 per
cent.

Number ofoutstanding loans which are ofan amountnot exceeding $3,000
each , . . . . . . . . . . . . . . 127
Aggregate amount of the same, . . . . . . . . . 107,650 00
Number of open accounts, . . . . . . . .
1,471
Number and amount of deposits received for previous year, . 1,239 105,497 95
Number and amount of deposits of and exceeding $ 300 at any one time
for the previons year, . . .
. . . . 91 57,143 12
Number and amount of withdrawals, .

.

.

.

.

.

. 731

Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.
.

. .
. .

. 280
. 163

Amount of expenses of the corporation during previous year,
Amount of treasurer's bond, .

.

.

.

Date of cxamination by commissioner : June 13.

.

.

.

. .
.

.

.

89,714 82

1,385 78

20,000 00

1883.] :

PUBLIC DOCUMENT — No. 8 .

217

Public FUNDS.
Estimated

Par Value.

United States 5s, extended ,

$ 30 ,000

" 44s, . .
City and town bonds:

10 ,000
6 .000

City of Portland, Me.,6s,

Market Value. Ainount Invested .

$ 30 ,525 00
11, 300 00
6 ,900 00
6 ,300 00
3 ,450 00

.

6 ,000

of Lawrence 6s, .
Town of Westborough 5s,

3,000
3,000

of Hopkinton 4s, .

6 ,000

6 , 300 00

$64,000

$68,075 00

of Bath ,Me, 6s,

3,300 00

$ 30 .000 00

10,000 00
6 ,060
6 ,000
3,000
3 ,000
6 ,000

00
00
00
00
00

$64,000 00

BANK STOCK.
Atlas Nat'l Bank , Boston ,

$ 5 ,000

Blackstone Nat'l Bank , Boston ,
Boston Nat'l Bank, Boston ,
Continental Nat'l Bank , Boston ,
Eliot Nat'l Bank , Boston,. .
First Ward Nat'l Bank, Boston ,
Globe Nat'l Bank, Boston, .
Hamilton Nat'l Bank , Boston,
Manufacturers' Nat'l Bank , Boston,

6 ,300

$ 1,050 00
6 ,835 50

4 ,900
2,000

5 ,806 50

Merchandise Nat'l Bank , Boston ,
Merchants' Nat'l Bank , Boston ,
Commerce Nat'l Bank , Boston ,

North America Nat'l Bank , Boston ,
Commonwealth Nat'l Bank , Boston,
Eagle Nat'l Bank , Boston ,
Hide and Leather Nat'l B 'k , Boston,
North Nat'l Bank , Boston ,
Old 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 ,

Third Nat'l Bank , Boston ,
.
Traders' Nat'l Bank, Boston, .
Central Nat'l Bank , Worcester,

Citizens' Nat'l Bank, Worcester,
City Nat'l Bank, Worcester, .
Quinsigamond Nat'l B 'k , Worcester,

10 ,000
5 ,000
4 ,200
2 ,500

2,500

2,500
2 ,300
5 ,700
1 ,500
10 ,000
1 ,200
5,000
4 ,000
300
3 500
2 ,500
7 ,100
5 ,000

2,360 00
11, 900 00
5 ,700 00

4 , 200 00
2,500 00

2,612 50
2,500 00
3 ,220 00
6 ,783 00
1,672 50
11,100 00
1, 356 00
5 ,575 00
5,200 00
361 50

2 ,500 0 )
2 ,500 00
2 ,300 00
5 ,700 00
1,500 00
10 ,000 00
1.200 00
5 ,000 00
4 ,000 00
300 00
3,500. 00

5 , 320 00

2,750 00

2,500 00

7 ,807 00

7 ,400 00

6 ,175 00

5 ,000 00
2,000 00
2,000 00
7 ,000 00

2,380 00
2,020 00

7 ,000
3 ,600
500
2,700
2,500

6 ,510
4 ,680
600
3 ,240
3,175
1 ,125
5 ,000
750

900
4 ,000

Millbury Nat'l Bank, Millbury,

16 ,800

600

00
00
00
00
00
00

4 ,494 00
2,912 50

2 ,000
2 ,000

Worcester Nat'l Bank , Worcester,
First Nat'l Bank , Grafton,
Oxford Nat'l Bank , Oxford , .

$ 5 ,000
6 ,300
4 , 900
2 ,000
10 ,000
5 ,000

00
00
00
00
00
00
00
00

21,810 00

3,600
500
2,700
2,500
900
4 ,000
600
16 ,800

00
00
00
00
00
00
00
00

$ 135,900 $ 159,811 00 $ 135,900 00
RAILROAD Bonds.

Providence and Worcester R . R . 6s,

$20,000 $ 24,000 00

$20,000 00

218

BANK COMMISSIONERS' REPORT.

[Jan.

MINERS' SAVINGS BANK - WEST STOCKBRIDGE .

Incorporated February 28, 1872. Number of corporators, 28.
Wu. C . SPAULDING , Treasurer.

Geo. W . KNIFFIN , President.

STATEMENT.

LIABILITIES .

Deposits, .

Earnings undivided ,
Guaranty fund ,

ASSETS .

$60,312 11 || Public funds, .
2,153 95 Bank stock ,
650 00 Loans on real estate, . .
Loans
on personal security,
Cash on h

$ 31,487 46

$63,116 06

$63,116 06

Cash on Deposit in Bank :
Housatonic National Bank, .

.

.

.

.

Whole amount of interest or profits received or earned ,

.

.
.

.

7 .715 00
20 ,400 00

1,575 00
1,938 60

.

.

$ 1,938 60

.

.

$ 2,854 36

· · ·

Rate and amount of each semi-annualdividend for previous / 2 per cent., .
year, . . . . . . . . . . . 2 per cent., l
Times for the dividends fixed by the by-laws: first Thursday in January
and July .
The total amount of loans, with each specified rate of interest: $ 1,000,
5 per cent.; $ 20,975 , 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each, . . . . . . . . . . . . . 29
Aggregate amount of the same, . . . . . . . . .
Number of open accounts, . .
. . . . . 273
Number and amount of deposits received for previous year, . . 238
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . .
13
.
Number and amount of withdrawals, . .. .. . .. . .. .. 153
Number of accounts opened the previous year, . . . . . 60
Number of accounts closed the previous year, . . . . . 41
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, ·
·
· · · · · ·
Date of examination by commissioner : August 2.

971 89
1,003 60

17,975 00
19,022 36
6,861 75
13,143 50

537 25
5,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

219

219

Public FUNDS.
Estimated

Par Value.

United States 44s, .
4s,

.

Market Value. Amount Invested .

.

$ 1,000

$ 1,475 00

$ 1,432 50

.

13,200

15 ,741 00

14,375 12

3,000
2,000

3,810 00

3,810 00

6 ,975 00

6 ,975 00

2,000 00

1,891 8 +

$ 28 ,200 : $33,001 00

$ 31,487 46

City and town bonds:

City of Fall River6s,
of Providence, R . I.,5s, .
Town of Lee6s, . . .

6 ,000

BANK STOCK .
$ 1,650 00
725 00

1,500

$ 1,650 00
725 00
2,310 00

$5 ,100

$7,715 00

$7,715 00

Housatonic Nat'l Bank, Stockbridge,

$ 3,100

Mahaiwe N 'l Bank, Gt. Barrington ,
Pittsfield Nat'l Bank, Pittsfield ,

500

2 ,310 00

220

BANK COMMISSIONERS' REPORT.

[Jan .

MONSON SAVINGS BANK – MONSON .
Incorporated 1872. Number of corporators, 17.
. E . F. MORRIS, Treasurer.
C. H . MERRICK, President.
STATEMENT.

ASSETS.

LIABILITIES.

Deposits, .

.

.

$ 174,470 88 | Public funds,

$73.500 00

,

2.000 00
43,655 25
17,400 00
4 ,144 65
23 ,379 47
246,495 00

7,123 01 Loans
on public .funds,
Bank stock ,

Earnings undivided ,
Guaranty fund,

6 ,600 00

Loans on bank stock ,
Railroad bonds,

Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security , .

25 .895 00
42,500 00

Deposit in bank on interest,

Cash in bank , .

.

9,224 52

.

$ 488,193 89

$ 188,193 891
Loans on Public Funds: -.

.

Loans on Bank Stock, amounton each :
.
On 10 shares Third National Bank , Springtield ,
On 90 shares City National Bank, Springfield ,
Amount of realestate held by foreclosure, .
Assessed value of the same, . . : : :
Amount of income received from the same, .
On 119 shares Monson National Bank , .

.

.

.

.

.

.

$ 2,000 00

.

.

.

.

.

.

$ 8,400 00

.
.
.
:

. .
. .
.
:

.
.
.
.

.

.

.
.

.

.

.

.
Amount ofmunicipal tax on real estate , . .
Cash an Deposit in Banks, amount in each :

. . . . . .

On $ 2,000 United States 4s, .

1,000 00
8,000 00
. . $ 23,379 47
. . 19,700 00
00
. . . 1,240
313 00

City National Bank , Springfield, . . . . . . . . . .
.
. . .
Agawam National Bank, Springfield, : .
.
Pacific National Bank , Boston ,
. . . . . . .
Monson NationalBank, Monson, . . . . . . . . .
Whole amount of interest or profits received or earned, . . .
Rate and amount of each semi-annual dividend for previous / 2 per cent., I
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 interest: $ 146 ,600,

$ 10,000 00
12,500 00
20 ,000 00

9,224 D2
$ 25,017 31
8,504 01
8,839 47

5 per cent. ; $ 4,400, 51 per cent. ; $ 123,295, 6 per cent. ; $ 17,500 , 7 per
Number of outstanding loans which are of an amount not exceeding $ 3,000
cent.

each, ·
Aggregate amount of the same,

. .

.

.

.

.

.

· 119
. $ 158,645 00

Amount of investments from which no income is received, .

. . .

Number of open accounts,

.

.

.

.

.

.

.

.

400 00

1,236

Number and amount of deposits received for previous year, . . 873 100,422 83
Number and amount of deposits of and excecding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

. 66

33,313 53

1883.]

221

PUBLIC DOCUMENT - Vo. 8.

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, . . . . . . .

.
.
.
.

. 562 $69,939 29
. 197
• 159
. .
1,295 75
. . 10,000 00

Date of examination by commissioner : July 11.
PUBLIC FUNDS.
Estimated

Par Value. | Market Value. Amount Invested .

United States 4s, .

.

.

$50,000 $59,750 00

$50,000 00

City and town bonds :

City of Worcester 5s,

.

Town of Westfield 6s,

.

13,000

15 ,200 00

13,950 00

'.

10,000
$73,000

10,700 00
$85 ,650 00

9 ,550 00

$13,500 00

$ 2,000

$ 2 ,600 00

$ 2 ,465 00

2,000

2,280 00

2,000

2 ,250
3 ,275
1 ,620
2 ,975

2, 260 00
2,290 00
3,576 50

BANK STOCK.
North Nat'l Bank, Boston, . .
Eagle Nat'l Bank, Boston ,
North America Nat'l Bank, Boston ,
Redemption Nat'l Bank, Boston, .
Blackstone Nat'l Bank, Boston ,
Eliot Nat'l Bank , Boston , .
.
Massachusetts Nat'l Bank , Boston, .
Suffolk Nat'l Bank , Boston, .
Tremont Nat'l Bank , Boston , .
Merchants' Nat'l Bank, Boston ,
State Nat'l Bank , Boston ,
Webster Nat'l Bank, Boston, .
Ilide and Leather Nat'l Bik , Boston ,
Commerce Nat'l Bank , Boston ,
Revere Nat'l Bank, Boston, .
Exchange Nat'l Bank, Boston ,
City Nat'l Bank , Springfield , .
Ware Nat'l Bank , Ware , . .
Monson Nat'l Bank , Monson , .

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

00
00
00
00

575 00
00
00

4 ,760
1,145
4 ,200
607

00
50

1,105 00
1,140
2 ,975
1,265
652

00
00
00
50

2,500 00

1,410 00

2,800 00
641
5 ,070
1, 150
3,946

50
00
00
25

577 75
1,065 00
1,162 75
3 ,859 50
1 ,277 25
881 25
2 ,000 . 00

5 ,400

375 00
7,560 00

$ 35,300

$ 13,860 00

6,810 00
$13,655 25

$ 3,475 00

$ 1,141 65

382 50

RAILROAD Bonds.
Eastern Railroad, .

.

$ 5,500

222

BANK COMMISSIONERS' REPORT.

[ Jan.

NANTUCKET INSTITUTION FOR SAVINGS – NANTUCKET.
Incorporated 1831. Number of corporators, 36 .
Thomas G . FOLGER, President.

MATTHEW BARNEY, Treasurer.
STATEMENT

LIABILITIES.

Deposits, . .

Earnings undivided ,
Guaranty fund,

ASSETS.

$ 12,237
50
700 00

$ 343,695 23 | Public funds,
9,774 88 Loans on public
4,690 33 Bank stock ,

1,400 00
800 00
3 ,575 00
33,361 86
218,755 50
40, 108 14
40,181 42
644 72

Loans on bank stock ,
Real
estate by foreclosure,.
Loans on real estate , .
Loans on personal security,
Real estate ,

Deposit in banks on interest, .
Expense account,

Cash on hand and in bank,

6,396 30

$358,160 44

$ 358,160 44

Loans on Public Funds:
.

.

.

.

.

.

$ 700 00

On 8 shares Pacific National Bank, Nantucket, .
Invested in real estate (for banking purposes), .

.
.

.
.

.

.

.

$ 800 00

Estimated value of the same, .

.

.

.

Amount of real estate held by foreclosure, . .
Assessed value of the same, . . . . .
Amount of incomereceived from the same, . .
Amount of municipal tax on real estate,
Cash on Deposit in Banks, amount in each :
North National
Boston,, . . . .
nal Bank,
Bank , Boston

.

.

.

.

Maverick National Bank, Boston, .

.. .

.

.

. .

.

Revere National Bank, Boston ,

.

.

.

.

.

.

.

.

.

.

.

.

. 52 per cent., 1

.

.

.

.

. . $ 3,575 00

: : : : :

.

.

. . . . . .

On $ 1,050 United States 4hs, .
Loans on Bank Stock :

. . 3,575 00
33,361 86
44,300 00
2,658 00
828 29
.

$ 19,510 69

11,348 83
9,321 90
Pacific National Bank , Nantucket, . . . . . . .
4,493 48
Whole amount of interest or profits received or earned , . . . . $ 17,696 02
Rate and amount of each semi-annual dividend for previous / 18 per cent., 6 ,228 39
year,

.

.

.

.

.

.

.

6,766 46

Times for the dividends fixed by the by-laws: first Monday in January
and July .
Average annualper cent. of dividends for the term ending at timeof, and
including, last extra dividend : 3%.
The total amount of loans, with each specified rate of interest : $ 32,300,
5 per cent.; $ 31,574, 54 per cent.; $ 135,779, 6 per cent.; $52,152.50, 61
per cent.; $ 8,558 .14, 7 per cent.

Number of outstanding loans which areof an amountnot exceeding $ 3,000
each , . . . . . . . . . . . . . 81
Aggregate amount of the same, . . . . . . . . . . 110,650 50
Amountof investments from which no income is received , . . . . 20,113 14
Number of open accounts, . . . . . . . . 1,150
Number and amount of deposits received for previousyear, . . 449 55,871 10

1883.]

PUBLIC DOCUMENT - No. 8 .

223

Number and amount of deposits of and exceeding $300 at any one time
for the previous year, . .
. . 33 $ 27 ,582 83
Number and amount of withdrawals, .
. . . 977 77,234 67
Number of accounts opened the previous year, . . . . . 87
Number of accounts closed the previous year, . .
. . 128
1,831 30
Amount of expenses of the corporation during previous year, .
Amountof treasurer's bond, . . . . . . . . . . 10,000 00
Date of examinations by commissioner : Sept. 7.

Public FUNDS.
Estimated

District of Columbia bonds, ,
City bonds :
City of Detroit,
of Portland , Me.,

.

.

Par Value.

Market Value.

Amount Invested .

$ 10 ,000

$ 11,900 00

$ 10 ,000 00

1,000
1,000

1,250 00
1,237 50

1,000 00
1 ,237 50

$ 12,000

$14,387 50

$ 12,237 50

$ 1,700 00

$1,400 00

BANK STOCK

Commerce N 'I Bank , New Bedford,

$ 1,400

224

BANK COMMISSIONERS' REPORT.

[Jan.

NATICK FIVE CENTS SAVINGS BANK – NATICK.
Incorporated April 5, 1859. Number of corporators, 45.
JAMES WHITNEY, Treasurer.

John O . Wilson, President.
STATEMENT.
LIABILITIES .

Deposits, .

.

.

ASSETS .

$61,989 72

$729,466 57 | Public funds :

Earnings undivided,
Guaranty fund ,

18,014 14

8,616 18

Loans on public funds,
Bank stock ,

2,050 00
104,561 87
19,610 00
11, 100 00
5 , 300 00
344,125 20
45,314 55

Loans on banks
Railroad bonds,

Realestate by foreclosure,
Loans on real estate, . .
Loans on personal security, .

Loans to counties, cities, or
towns, .
.
.
.
Deposit
in
bankson
interest,
Expense account,

18,000 00

.

115 ,000 00
936 35
1,440 00
242 99
583 99

Loans on bank books,

Suspense account,
Furniture and fixture,
Cash on hand and in bank.

25 ,812 22

$756,096 89

$ 756 ,096 89

Loans on Public Funds:
.

$ 2,050 00

On 42 shares Natick National Bank, . . . . . . . .
On 38 shares Natick National Bank ; 6 shares Rollstone National Bank ; 6
shares Second National Bank ; and 50 shares National Bank of the Com
monwealth , . . . . . . . . .
. .
On 20 shares Dedham National Bank, and 10 shares National Bank of the
Commonwealth , . . . . . .
. . . . .
On 30 shares Wachusett National Bank, . . . . . . .

$1,200 00

On $ 2,050 United States 4s, .

. .

.

. .

.

.

.

:: :: ::

Loans on Bank Stock, amount on cach : -

Amountof real estate held by foreclosure, . . . .
.

.

.

.

.

.

Amountof incomereceived from the same, .
Amountof municipal tax on real estate,

.

.

.

... .

Assessed value of the same, .

10,000 00
2,410 00
3,000 00

. $ 5,300 00
.

3,825 00

.

135 15

59 67

Cash on Deposit in Banks,amount in each :
.

.

.

. .

.

North National Bank , Boston,

.

.

.

.

.

.

45 ,000 00

.

.

.

.

.

30,000 00

.

.

Wachusett National Bank , Fitchburs. .

. . .

Manufacturers' National Bank , Boston, .

.

. $ 15,000 00

Natick National Bank, Natick , . . . . . . . . . 48,818 78
Whole amount of interest or profits received or earned , . . . . $37,687 13
Rate and amountof each semi-annualdividend for previous / 21 per cent., 15,036 24
year, . . . . .
. . . .
2 per cent., ? 12,528 16
November.
Average annual per cent. of dividends for the term ending at timeof, and
including , last extra dividend : 41.

Times for the dividends fixed by the by-laws : first Saturday in May and

1883. ]

PUBLIC DOCUMENT — No. 8.

225

The total amount of loans, with each specified rate of interest : $ 36,410 ,
4 per cent.; $ 51,000 , 4. per cent ; $ 91,500 , 5 per cent. ; $ 12,500 , 5 per

cent.; $ 212,755.06, 6 per cent.; $ 126,814, 64 per cent ; $ 8,740,73 per
Number of outstanding loans wbich are ofan amount notexceeding $ 3,000
. . . 239
.
each, . . . . . . .
Aggregate amount of the same, . . . . . . . . . $ 223,469 75
Amount of investments from which no incomeis received , . . . , 2,500 00
Number of open accounts, . . . . . . . . 3,250
Number and amountof deposits received for previous year, . 3,444 207,409 49
Number and amount of deposits of and exceeding $ 300 at any one time
cent. ; $ 2,820 .69, 76 per cent.

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, . . . . . . .

.

142

8 5 ,628 38

.

1,998

163,713 12

. . 679
. 478
. . .
. . .

30,000 00

.

1,580 71

Date of examination by commissioner : May 25 .

PUBLIC FUNDS.
Estimated
Par Value.

Market Value.

Amount Invested .

United States4s, . . . . $10,000 $10,193 75

$ 10,000 00

City and town bonds:
of Cambridge sewer loan
of Worcester sewer loan , .
of Boston water loan , i
• Town of Natick water bond, ..
of Brookline water bonds,
City of Fall River water bonds,

of No. Adams water bonds, . 1

16 ,000
4,000
3,000
10 ,000
1,000
10 ,000
2,000

16 , 960 00
3 ,270 00
10, 350 00

16 ,720
4 ,780
3, 270
10 ,132

1 ,092 50
13 ,800 . 00
2, 195 00

1,092 50
13,800 00
2 ,195 00

$56,000

$62,661 25

$61,989 72

$ 3,149 25
13,627 50
826 00
2,004 75
1 ,690 00
5 ,485 50
2 ,331 00
691 87
3,795 00
2,261 00
7 ,980 00
1,953 75
3 ,810 00
2 ,380 00

$ 3,180 00

4 ,800 00

00
00
00
22

BANK STOCK .
.

$ 2,600

Boston Nat'l Bank , Boston , .
Boriston Nat'l Bank, Boston , .
Central Nat'l Bank , Boston , .
Columbian Nat'l Bink , Boston,
Commerce Nat'l Bank , Boston ,

Atlas Nat'l Bank, Boston,

11,500)

Commonwealth Nat'l Bank, Boston,
Continental Nat'l Bank , Bostor.,
Dedham Nat'l Bank, Dedham , .
Eliot Nat'l Bank, Boston,.
Everett Nat'l Bank, Boston , .
Exchange Nat'l Bank , Boston , .
First Nat'l Bink, Chelsea,

Framingham N 'I Bk , Framingham ,
Home Nat'l Bank , Brockton , . .

700
2,700
1,300
4,600

2,100
500

3 , 300
1 ,900

7,000

1,500
3,200
1,700
5 ,500

6 ,325 00

13,886 25
845 25
2,693 00
1,855 75

5 ,684 50
2,654 75
581 25
3,926 50
2,300 00

8 ,210
2,160
3 ,976
2 .430
5 ,575

00
00
00
00
00

226

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK — Concluded .
Estimated

Par Value.

Howard Nat'l Bank, Boston,
Merchandise Nat'l Bank, Boston, .
Merchants' Nat'l Bank, Boston,
Metropolitan Nat'l Bank, Boston, .
Monument Nat'l Bank, Charlestown,

Natick Nat'l Bank, Natick , .
Newton Nat'l Bank, Newton , .
North Nat'l Bank, Boston, .
North America Nat'l Bank , Boston ,
Redemption Nat'l Bank, Boston, .
Republic Nat'l Bank , Boston, . .
Second Nat'l Bank, Boston, .
State Nat'l Bank, Boston,.
Traders' Nat'l Bank , Boston , .

Wachusett Nat'l Bank , Fitchburg,

Market Value.

Amount Invested .

$6 ,200
3,200

$7,564 00

$ 7,779 37

3,216 00

3,501 25

4,600
400

6 ,415 75
485 00
3,075 00

6 ,393
400
2,775
2 ,000
2, 230
516

1,500
2,000
400
5 ,100

2 ,000

1,400
3 ,000
1 ,000
700

2,700 00
2,200
520
5 ,699
1,823

00
50
25
50

3,742 50

500

1,520 00
866 25
463 75

3,700

7,030 00

$85,800 $ 105,592 12

75
00
00
00
00
00

5,826 50
2, 135 00
3,825 00
1,560
771
530
4 ,360

00
75
00
00

$ 104,561 87

RAILROAD BONDS.

Fitchburg Railroad, .

. .

$ 10,000 $ 11,100 00

$11, 100 00

PUBLIC DOCUMENT - No. 8.

1883.]

227

NEW BEDFORD FIVE CENTS SAVINGS BANK - NEW BEDFORD .
Incorporated May 5, 1855. Number of corporators, 133.
George HOWLAND, Jr., President.

B. RICKETSON, Jr., Treasurer.
STATEMENT.

LIABILITIES.

ASSETS.

Public funds, .

.

$ 3,140,181 66

.

$ 1,296,000 00

Earnings undivided ,

10 ,179 75
45, 101 91
6 ,157 12
6 ,952 95

on public funds,
Loans
Bank stock ,
.

177,900 00

on bank stock ,
Louns
Railroad bonds,

.

31,701 01

estate, .
Loanis on real
perso sec

.

Deposits, .

.

.

Guaranty fund,
Interest account,
Discount account,

Surplus earnings,

i

Loans on

5 ,000 00

.

192 20
176 ,000 00
297,980 49

1,079,052 20

nal

Loans to counties, cities, or
towns, .
.
.
.
Deposit in banks on interest, .
Expense account, .
Fixtu

3,000 00

202,508 53
579 30
2,500 00
3,264 71

.
res, .
Cash on hand ,

$ 3,243,977 43

$ 3,243,977 43

Loan on Public Funds:

On $ 5,000 United States 4s, .

.

.

.

.

.

.

.

.

.

$5,000 00

On 7 shares Mechanics' National Bank, New Bedford, . . .
Cash on Deposit in Banks,amount in each :
MechanicSitional
Mechanics' National Bank
Bank,, New
New Bedford
Bedford ,, . . . . .
Merchants' National Bank , New Bedford ,
Citizens' National Bank, New Bedford , . .
First National Bank, New Bedford, . . . . . .
Redemption National Bank, Boston , . . . . . .
Commerce National Bank, New Bedford, . . . . .
Whole amount of interest or profits received or earned, . .

.

.

$ 192 25

.

.

$ 11, 105 12

.

.....

Loans on Bank Stock :

52,665 00
994 18

.
.
.
.

. 70,021 97
. 34,109 06
.
613 20
. $ 163,973 90

Rate and amount of each semi-annual dividend for previous / 2 per cent., 57,720 80
year,

.

.

.

.

.

.

.

.

.

.

. . 2 per cent., ? 59,910 96

Times for the dividends fixed by the by- laws: second Wednesday in April
and October.
The totalamountof loans,with each specified rate of interest: $ 200,853.83,
4 per cent.; $ 25,000, 15 per cent.; $ 25,000 ,43 per cent.; $695,190, 5 per
cent.; $ 174,800 , 58 per cent. ; $ 261,381.06 , 6 per cent.
Number of outstanding loans which areof an amount not exceeding $ 3,000
. . . . .
each , . . . . .
239
Aggregate amountof the same, .
194,656 45
Number of open accounts, . . . . . . . . 12,174
Number and amount of deposits received for previous year, . 8,480 588,220 84
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . .
462 336,076 02
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 : Aug. 9.

. 5,383 512,561 17 .
. 1,534
. 1,039
. . . 7,685 59
. . . 15,000 00

228

BANK COMMISSIONERS' REPORT.

[Jan .

PUBLIC FUNDS.
Estimated
Par Value.

United States 41s, .
16
4s,

.

" 31s, extended, .
" 6s, currency, .
City and town bonds :

13,000
88 ,000
3,000
95 ,000
30 ,000
10,000

City of Norwich , Conn , .
of Portland, Me., .

of New Bedford 5s, .
of New Bedford 6s, .
of Cambridge, .
of Newport, R . I., .
of Chelsea, . .
of Bangor, Me.,
of New Haven, Conn.
of Charlestown,
of Lowell,
of Salem , . . .

95 ,000
66 ,000

of Fall River, . .
of Boston,

Town of Northampton,
of North Bridgewater, .
of New Haven , , .

of Holyoke, .

$83,500
104,500
121,000
175 ,000

.

.

27 ,000
25 ,000
25 ,000
25 ,000
90 ,000
10 ,000
111,000
36 ,000
10,000

50,000

Market Value.

$94,355
124 ,355
126 ,170
225 ,625

Amount Invested .

$83,500 00

00
00
00
00

175 ,000 00

13 ,910 00
92 ,100 00

13 ,000 00
88 ,000 00

3 ,000
38 ,700
10 ,400
110 ,200

00
00
00
00

111,150 00

75 ,240 00
28 ,350 00

25 ,750 00
27 , 250 00
109,800 00
27 , 250 00

10 , 100 00
118 ,770 00

36 ,360 00
10 ,500 00

55 ,500 00

104,500 00
124 ,000 00

3,000 00
95,000 00
30 ,000 00
10 ,000
95 ,000
66 ,000
27 ,000

00
00
00
00

25,000
25 ,000
25 ,000
90,000
10 ,000
111,000
36 ,000
10,000
50,000

00
00
00
00
00
00
00
(0
00

$ 1,296,000 $ 1,475,135 00 $1,296,000 00
BANK STOCK .
Third Nat'l Bank , Springfield ,
Franklin Nat'l Bank, Franklin ,
Merchants' Nat'l B 'k , New Bedford ,
First Nat'l Bank, New Bedford ,
Citizens'Nat'l Bank , New Bedford ,

$ 10,000
6 ,000
49,400
19 ,100
20 ,000

Commerce Nat'l B’k, New Bedford ,

24,400

First Nat'l Bank , Boston , .

10 ,000
10,000
12,000
2 ,000
2,500
10 ,000
2,500

.

Monument Nat'l Bank, Boston ,

Revere Nat'l Bank, Boston , .
State Nat'l Bank, Boston,
Tremont Nat'l Bank , Boston , .
Merchants' Nat'l Bank , Boston ,
Merchandise Nat'l Bank, Boston, .

$ 16 ,000 00

$ 10 ,000 00

6 ,000
77 ,311
25 ,594
24,050
32,086

6 ,000 00
49,400 00

00
00
00
00
00

20 ,000 00
20 ,000 00

13,640
2,460
2 ,850
14 ,000
2,500

00
00
00
00
00

19 ,100 00
20 ,000 00
21,400 00
10 ,000 00

10,000 00
12,000 00
2,000 00
2 ,500 00

10 ,000 00

2,500 00

$177,900 $ 256,491 00 $177,900 00

1883.]

229

PUBLIC DOCUMENT — No. 8.
RAILROAD Bonds.
Estimated

Par Value.

Mansfield and Framingham R .R .,
Boston and Maine Railroad ,
Old Colony Railroad , . .
Eastern Railroad, .

Boston and Albany Railroad ,

$33,500
15 ,000

65 ,000
52,500
10,000

Market Value.

$ 33 ,500
18,543
77,000
52,487
11,700

00
00
00
50
00

Amount Invested.

$ 33,500
15 ,000
65,000
52,500
10 ,000

00
00
00
00
00

$ 76 ,000 $193,230 50 $ 176,000 00

230

BANK COMMISSIONERS' REPORT.

[Jan.

NEW BEDFORD INSTITUTION FOR SAVINGS — NEW BEDFORD.

Incorporated 1825. Number of corporators, 113.
CHARLES H . PEIRCE, Treasurer .

WILLIAM WATKINS, President.
STATEMENT.

LIABILITIES .

ASSETS.

Deposits, .
1 $ 9,482,772 91 : Public funds, .
Earnings undivided,
81,224 19 | Loans on public funds,
Guaranty fund,
188,000 00 i Bank stock ,

$ 2,816 ,550 00
30 ,000 00
1,400,560 00
27 ,475 00
700,000 00
135,000 00
30 ,000 00
756 ,659 65

Loans
on bank stock ,
Railroad bond
Loans to railroads,
Real estate ,
Loans on real estate, . . .
Loans on personal security,* .
Loans
to counties, cities, or
towns, .

3,269,462 50
109,381 00
461,800 22
1,251 49
1,420 00

Deposit in banks on interest,
Expense account,
Loans on deposits, .
Cash on hand, . .

15,437 24

$9,754,997 10

$ 9,754,997 10
Loans on Public Funds :

On $ 30,000 United States 3s, extended, . . . . . . . . . $ 30,000 00
Loans on Bank Stock, amount on each :

On 15 shares Mechanics' National Bank , New Bedford,

.
.

.

.

On 22 shares National Bank of Commerce, New Bedford , .
On 60 shares Third National Bank of Springfield , . .

.

On 15 shares Falmouth National Bank of Falmouth , .

.

.

On 50 shares First National Bank of Eastun,

.

.

.

.

. .

On 3 shares Shoc and Leather National Bank, Boston ,
Invested in real estate (for banking purposes), .
Estimated value of the same, . . . . .
Amount ofmunicipaltax on real estate, . .

.
.

.

$ 2,650 00
2,000 00

.
.

.
.

.
.

7,000 00
1,550 00
2,000 00
6 ,000 00
1,000 00
.
. 5 ,000 00
275 00
. $ 30,000 00
. 30 ,000 00
.

· · · · · · · · · ·

On 50 shares Mechanics' National Bank , New Bedford , .
On 35 shares National Bank of Commerce, New Bedford , .
On 91 shares First National Bank, New Bedford , .
.
On 20 shares Merchants' National Bank, New Bedford,
On 9 First National Bank, New Bedford

.
.
.

.

.

.
.

.

.
.

. $ 82,574 75
. 35 ,054 12

.

.

.

.

.

.

30

Cash on Deposit in Banks, amonnt in each :
Merchants' National Bank , New Bedford, .
First National Bank , New Bedford, . .

.
.

171,340 36

·

National Bank of Commerce, New Bedford, . .
Mechanics' National Bank, New Bedford, . .
Citizens' National Bank , New Bedford , . . .
Third National Bank of Springfield,
Chapin National Bank, Springfield, . . .
Revere National Bank, Boston, . . .
National Bank of Redemption, Boston, .

.

.

3,249 90

3,636
50,000
50,000
19,211

84
00
00
08

46 ,733 17

* This investment has been reduced to the legal limit since the date of this return .

PUBLIC DOCUMENT — No. 8 .

1883. ]

Whole amount of interest or profits received or earned,

.

.

231
.

. $ 525 ,101 83

Rate and amount of each semi-annual dividend for previous 1 2 per cent., S 182,796 41
year

.

.

.

.

.

.

.

.

.

J 21 per cent.,

207,576 46

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 interest : $851,900,
4 per cent.; $ 552,000, 4. per cent ; $ 100,000, 48 per cent ; $ 1,189,891 65,
- 5 per cent.; $ 115,000, 5 ) per cent.; $ 551,850, 5 per cent.; $ 20,000 , 5å per

cent.; $ 234,700.50, 6 per cent.; $ 107,481, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each , . . . . . . . . .
. . . 153
. . . 133, 136 50
Agregate amount of the same, . . .
. 18,677
Number of open accounts, . , . .

Number and amount of deposits received for previous year, . 9,133 1,130,441 67
Number and amount of deposits of and exceeding $300 at any one time
.

.

.

.

. 819

Number and amount of withdrawals, . . .
Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

for the previous year, .

.

.

.

.

.

.

.

11,490 1,353,059 56

.

.

,
.

2,007
1,834

Amount of expenses of the corporation during previous year, . .
Amount of treasurer's bond , . . . . . . . . .

.
.

493,401 11

16 ,556 03
20,000 00

Date of examination by commissioner : August 8.

Public FUNDS.
Par Valuc.

United States is,

:

:

:

" " 415, . .
County of Sagadahoc, Me.,6s,

Estimated
Market Value.

Amount Investod .

: $ 905,500 $ 958,545 00 $ 320 ,500 00

.

700,000 | 791,000 00
19,000 20,330 00

709,000 CO

1,000 00
1,000
387,270 00
50 ,000 56 ,000. 00
100 ,000 110 ,000 00
5 ,450 00
5 ,000
20 ,000 ! 21,400 00
53,500 57,780 00
10 ,000
12,000 00
100 ,000 111,000 00
57,500 00
50 ,000
20 ,000 21,800 00
50,000 54,500 00
29,050 31, 374.00
85 ,000 98,600 00
4,650 00
4,500
18 ,020 00
17 ,000
39,390 00
39,000
2,000 00
2,000
4 ,080. 00
4 ,000
10,400 11,000.00
5 ,000
5 ,600 00
5 , 500. 00
5 ,000
13,000 13,910 00

1,000 00
50,000 . 00
100,000 00
5 ,000 00
20 ,000 00

19,000 00

· City and town bonds:
City of New Bedford 5s, .
of New Bedfordis, .
of New Bedford is, .

of Charlestown ös, .
of Springfield is, .
of Manchester, N . 11.,64, .
of Middletown, Conn ., lis ,

of Norwalk , Conn., is, .
of Bangor, Me ,6s, . .
of Meriden , Conn , 7s,
of Hartford , Conn ,6s, .
of Salem 6s, .

of Burlington, V't.,6s, .
.
of Augusta , Me., Os,
of Dover, N . H .,6s, .
of Bath ,Me., 6's (municipal), .
of Newport, R . I., 6s, . .
of Concord , N . II., 6s, .
Town of Middletown, Conn., iis, .
of Greenfield
is, .
Buckland
of Chelsea 6s , .

of

6s,

.

of Northampton 6s

331,000

331,000 00

53,500. 00
10 ,000 00

100,000 00
50 ,000 00)
20,000 00
50,000 00
29,050 00
85 ,000 00
4,500 00
17 ,000 ( 0)
39,000 00
2 ,000 ():)
4 ,000 00
10 ,000 00
5 ,000 00
5 ,000. 00
13,000 00
- - - - --

232

BANK COMMISSIONERS' REPORT.

[Jan .

Public Funds — Concluded.
Estimated
Par Value.

Town of Shelburne 6s, .
of Adams 6s,
of Malden 5s, .
of Malden 6s,. .
of Medford 6s,

.

of Melrose 6s,
of Harwich 7s,
of Edgartown 68, .
UPPIY is,
of Atileboro' water supply

Market Value

$ 6,000

$6 ,600 00

3,000
17 ,000
50,000
50,000
50,000
2,000
36 ,1000
50,000

3, 210
18 ,360
56 ,000
56 ,000

00
00
00
00

56,000
2,000
38 ,520
62,500

00
00
00
00

Amount Invested .

$ 6 ,000
3,000
17.000
50,000

00
00
00
00

50 ,000 00
50 ,000 00
2 ,000 00

36 ,000 00

50,000 00

$ 2,792,550 $3,201,919 00 $2,816,550 00
BANK STOCK
Merchants' Nat'l B ’k , New Bedford, $ 109,600 $ 170,976 00 $ 109,600 00
First Nat'l Bank, New Bedford, . 135 ,600 176 ,280 00 135,600 00
Commerce Nat'l Bank , New Bedford , 136 ,600 177,580 00 136 ,600 00
Mechanics' Nat'l B 'k , New Bedford , 100,000 145 ,000 00 100,000 00
Citizens' Nat'l Bank, New Bedford , 100,000 115 ,000 00 100,000 00
20 ,000 00
llide and Leather Nat'l B ’k , Boston , 20 ,000 22,000 00
15 ,000 00
15 ,000
17 ,700 00
Boston Nat'l Bank , Boston, .
14 ,000. 00
14,000
17,080 00
lloward Nat'l Bink, Boston , .
2,000 00
2,000
2,560 00
Exchange Nat'l Bank, Boston ,.
46 ,000 00
Conimerce Nat'l Bank , Boston ,
46,000 54.7 40 00
53,000 00
53,000 79,500 00
Second Nat'l Bank , Boston, .
38 ,000 00
North America Nat'l Bank, Boston ,
39 ,000
42,180 00
10 ,000 00
Maverick Nat'l Bank , Boston , .
10 ,000 22,500 00
Republic Nat'l Bank , Boston , .
First Nat'l Bank , Boston , .
Merchants' Nat'l Bunk, Boston ,
Eliot Nat'l Bank , Boston , . .

49,000
23 ,000
23,000
9,000

North Nat'l Bank, Boston ,
City Nat'l Bank, Boston , . .
Tremont Nat'l Bank , Boston , .
Hamilton Nat'l Bank , Boston, .
Shawmut Nat'l Bank , Boston, .
Continental Nat'l Bank , Boston ,
Eagle Nat'l Bank, Boston ,
Massachusetts Nat'l Bank, Boston , .
Atlas Nat'l Bank, Boston ,

23,000
3,000

Union Nat'l Bank , Boston ,
State Nat'l Bank , Boston ,

.

Traders' Nat'l Bank, Boston , . .
Columbian Nat'l B:ink , Boston ,
Revere Nat'l Bank, Boston , .
Washington Nat'l Bank, Boston,
Shoe and Leather Nat'lBank , Boston,
New England Nat'l Bank , Boston , .
Commonwealth Nat'l Bank, Boston ,
Redemption Nat'l Bank, Boston,
-

35 ,000
9,000
14,000
25 ,000
17 .000
44 ,000
36 ,000
13 ,000

9,000
13,000

26 ,000
50,000
13 000

14 ,000
4 ,000
20 ,000

10,000

00
00
00
00
( 0)
0)
00
00
CO.
00
00
00
00
00
00
00
00
00
00
00
00

61, 250 00
46 ,000 00
32,200 00
10 ,710 00
27 ,600 00
3,540 00
39,900 00
10 ,620 00
15 ,260 00
29,500 00
19,040 00
49 ,280 00
42,560 00
18 ,200 00
10 ,800 00
11,700 00
33,800 00
57,000 00
17 ,550 00
14 ,700 00
5 ,400 00
11,100 . 00

49,000
23 ,000
23,000
9 ,000
23,000
3,000
35 ,000
9 ,000
11,000
25 ,000
17 ,000
44,000
36 ,000
13 ,000
9,000
13,000
26 ,000
50,000
13,000
14 ,000
4,000
10 ,000

26 ,200 00

20,000 00

00

1883.]

PUBLIC DOCUMENT — No. 8.

233.

BANK STOCK – Concluded.
Estimated

Everett Nat'l Bank, Boston , .
Merchandise Nat'l Bank, Boston,
Monument Nat'l Bank, Boston,

Par Value.

Market Value

Amount Invested .

$:3,000

$ 3,390 00
3,000 00
20 ,000 00

$ 3,000 00

3,000
.

Railroad Nat'l Bank , Lowell, .

So. Reading Nat'l Bank , Wakefield ,
Fall River Nat'l Bank, Fall River, .
First Nat'l Bank, Malden , . .

Fairhaven Nat'l Bank , Fairhaven , .
First Nat'l Bank , Chelsea , .
Matacowet Nat'l Bank, Fall River, .
Third Nat'l Bank , Springfield ,.
Wachusett Nat'l Bank, Fitchburg,

10,000

3 ,000 00

10 ,000 00
9,000 00

9,000
7 ,000

10 ,800 00
8 ,750 00

7 ,000 00

20 ,000
15 ,000
1,760
20 ,000
25 ,000
20 ,000
5 ,000

26 ,600 00
19,500 00

20 ,000 00
15 ,000 00
1,760 00

1,320 00
25 ,000 00

20 ,000. 00

3:2,500 00

32,000 00

25 ,000 00
20 ,000 00

9,000 00

5 ,000 00

$ 1,100,560 $1,828,866 00 $ 1,400,560 00
RAILROAD Boxds.
Boston and Albany Railroad 78,
Boston and Albany Railroad 64,
New Bedford Railroad 7s, .

. | $ 150 ,000 $ 553,500 00
50 ,000 58,500 00
75 ,000 | 90 ,000 . 00
Worcester and Nashua Railroad 5s, . 125 ,000 125,000 00

$ 150 ,000 00
50 ,000 00
75,000 00

125,000 00

$ 700,000 $827,100 00 $700,000 00

234

BANK COMMISSIONERS' REPORT.

[Jan.

NEWBURYPORT FIVE CENTS SAVINGS BANK – NEWBURYPORT.
Incorporated April 24, 1854. Number of corporators,43.

Eben SUMNER, President.

John A. Maynard, Treasurer.
STATEMENT.

EEN

LIABILITIES.
Deposits , .

.

.

ASSETS .

$612 ,086 90

Earnings undivided ,
Guaranty fund, il

81,378 11
11,351 20

$ 15 ,000 00
114,000 00
5 ,000 00
43, 942 46
111, 999 69
281,489 00
31.079 00
35 ,312 23

Public funds,

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 land, . .

122 92

3,870 91
$ 704,816 21

$ 701,816 21

.

.

.

Amount of income received from the same, .

.

.

.

.

.

Amount of municipal tax on real estate, .

.

. . .

Cash on Deposit in Banks, amount in cach :
. . .
Maverick National Bank , Boston, . . . .

First National Bank , Newburyport,

.

.

.

.

.

.

.

133,317 00

.

2,355 55

. .

2,979 25

· ·

Assessed value of the same,

· · ·

Invested in realestate (for banking purposes), . . . . . . $ 13,942 46
Estimated value of the same, . . . . . . . . . . 141.999
43.942 6946
Amount of realestate held by foreclosure, . .

. . . . . $ 33,134 76
.

.

.

.

.

2,177 47

Whole amount of interest or profits received or earned , . . . . $ 34,054 24
Rate and amount of each semi-annual dividend for previous | 2 per cent., l 12,586 82
year,

.

.

.

.

.

.

.

.

.

.

.

2 per cent., L 12,032 34

Times for the dividends fixed by the by-laws: first Monday in May and
November.
The total amount of loans, with each specified rate of interest : $ 8,000 ,

3 per cent.; $33,000, 5 per cent.; $ 9,000, 54 per cent.; $ 211,918, 6 per
cent. ; $ 13,450, 64 per cent. ; $ 36 ,100, 7 per cent.; $ 850, 718 per cent.;
$750 , 72 per cent. ; $ 2,200, 8 per cent.

Number of outstanding loans which are of an amount not exceeding $3,000
. 170
each , . . . . .
.
166,468 00
Aggregate amount of the same, .
Amount of investments from which no income is received , . . . . 99,067 95
Number of open accounts, . . . . . . . .
2,888
Number and amount of deposits received for previousyear, . . 556 55,462 09
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 59 33,074 10
Number and amount of withdrawals , . . . . . . 1,107 110,560 59
Number of accounts opened the previous year, .
157
Number of accounts closed the previous year, . . . . . 373
Amount of expenses of the corporation during previous year, . . . 1,711 72
Amount of treasurer's bond , . . . . .
Date of examination by commissioner : July 5.

.

.

.

.

.

20 ,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

235

Public Funds.
BR

Estimated

Par Value.

Market Value. Amount Invested .

United States os,currency, . . $30,000 $ 9,000 00

$ 30,000 Co

City bonds :

City of Bangor, Me.,

.

of Springfield, .

.

.

10 ,000

11,750. 00

5 ,000

5,250 00

10 ,000 00
5 ,000 00

$ 15,000

$ 76 ,000. 00

$ 15,000 00

$ 1,505 00

$ 1 ,000 00

BANK STOCK .
Atlantic Nat'l Bank , Boston , . .
Atlas Nat'l Biank , Boston ,
Boylston Nat'l Bank , Boston , . .
Boston Nat'l Bank , Boston , .

$ 1,000
6 ,000
800

1,700

Blackstone Nat'l Bank , Boston ,
Columbian Nat'l Bank, Boston,
Commerce Nat'l Bank , Boston ,

3, 300

Continentil Nat'l Bank , Boston ,

4 , 200
5 ,000
8 ,000
500
3 ,300
7 ,400

1,300

1,800

7 ,267
911
2,014
3,580

50
00
50
50

1 ,690 00
2, 128 50

6 ,000 00
800. 00

1,700 00
3, 300 00
1, 300 00
1 ,800 00

4 ,200
5 ,000
8 ,000
500
3,300
7 ,400

CO
00
00
00
00
00

Everett Nat'l Bank, Boston, .
Howard Nat'l Bank , Boston, .

5 ,000

1,500

4 ,971 75
5 ,550 00
9 ,180 00
643 75
3,894 00
8 ,306 50
5 ,650 00
1,830 00

Hamilton Nat'l Bank , Boston ,
Ilide and Leather Nat'l Bk, Boston,
Market Nat'l Bank , Boston, .

1,000

1,180 00

1,000 00

2 ,500

2,756 25

2,500 00

3,200

3, 200. 00

Maverick Wirt'l Bank , Boston ,
North America Nat'l Bank, Boston ,.
New England Nat'l Bank, Boston, .

4,000

3 ,200. 00
4 ,000 ( 0

Commonwealth Nat'l Bank , Boston,
City Nat'l Bank, Boston , . .
Exchange Nat'l Bank , Boston,
Eliot Nat'l Bank , Boston , .

Eagle Nat'l Bank , Boston ,

.

Republic Nat'l Bank, Boston, .
Revere Nat'l Bank , Boston , .
Shawmut Nat'l Bank , Boston , .
Suffolk Nat'l Bank , Boston , .
Tremont Nat'l Bank , Boston , .
Third Nat'l Bink , Boston , .
Union Nat'l B :unk, Boston,
Webster Nat'l Bank, Boston, . .
First Nat'l Bank , Newburyport ,
Ocean Nat'l Bank , Newbury port, .

Mechanicks' NI Bk , Newburyport,

1.000

9 ,005 00
1,087 50

1,000
2 ,300

1, 350 00
2,898 00

3,700

4 ,218 00
1,095 00
1 ,419 00

1,000

1 ,200
3,300
10 ,100
2,400
5 ,600

10,500
1,000
9 ,100

3 ,770
10 ,478
3,360
6 ,104
14,595
1,325
12,694

25
00
00
00
00
00
50

5 ,000. 00
1,500 . 00

1,000 00
1,000 00

2 ,300. 00
3 ,700
1 ,000
1,200
3, 300
10,100
2, 100

00
00
00
00
00
00

5 ,600 00
10 ,500 00
1,000 00

9, 100 00

$114,000 $ 139,991 50 $ 114,000 00
RAILROAD Bonds.

Old Colony and Newport R .R .7s,

$ 5,000

$6,150 00

$ 5,000 00

236

BANK COMMISSIONERS' REPORT.

[Jan .

NEWTON SAVINGS BANK - NEWTON .

Incorporated June 17, 1831. Number of corporators, 16 .
GEORGE HYDE, President.

Susanna M . DUNCKLEE, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, .
;
Earningntys individ
fund . ed .
Guarant
y fund,

AssKTS .

$ 1,036 ,714 61 | Public funds, .
9,790 46 Bank stock , .
12,693 00

8112,001 84
35,725 00
5 ,000 CO
53,473 34

.
.

Loans on bank stock ,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security ,

50,942
609.680
163,974
25 ,086

Deposit in banks on interest,
.
.

813 04

Expense account,

Cash on band, .

.

37
50
90
10

3,100 98

.

$ 1,059,198 07

$ 1,059,198 07

Loans on Bank Stock ,amount on cach :
On 25 shares Newton National Bank , .

.

.

.

.

.

.

On 65 shares Old Boston National Bank .

$ 2,000 00
) 00

Amount of real estate held by foreclosure, . . .

. .

. . $50,942 37

Assessed value of the same, . . . .
Amount of incomereceived from the same, .

.
.

.
.

.
.

Amount of municipal tax on real estate,

. . .

.

.
.

.
.

.
.

54,450 00
2,475 51

. .

791 53

Cash on Deposit in Banks,amount in each :
Wachusett National Bank, Fitchburg , .

Revcre National Bank,, Boston,
Boston ,
Pacific National Bank, Boston,

..

.

.

.

.

.

.

.

. .
. .

.

.

.

. .

.

5,386 10

.

.

.

.

.

14,500 00

.

$ 0,200 00

Whole amount of interest or profits received or earned , . . ..
$ 56,681 43
17,768 69
. . . . . . . . . ) 2 per cent., l 18,352 69
year, .
Times for the dividends fixed by the by-laws: January 1 and July 1.
The total amount of loans, with each specificd rate of interest: $ 130,000,
5 per cent. ; $ 16,200 , 5. per cent.; $ 510,680 .40 , 6 per cent.; $ 25 ,800, 64 per

Rate and amountof each semi-annual dividend for previous > 2 per cent.,

cent.; $61,175, 7 per cent.; $1,500, 74 per cent. ; $ 2,700, 8 per cent.
Number of outstanding loans which areof an amountnot exceeding $3,000
each , . . . . . . . . . . . . . 150
Aggregate amount of the same, .
Amount of investments from which no income is received, .
Number of open accounts, . . . . . . .

.
.

.

.
4, 233

232,455 40
800 00

Number and amount of deposits received for previous year, . . 3,933 289,279 73
Number and amount of deposits of and exceeding $ 300 at any one time
187 103,873 18
. . •. 187
for the previous year, . . . . . .
Number and amountof withdrawals, . . . . .
Number of accounts opened the previous year, . . .
Number of accounts closed the previous year, . . .
Amountof expenses of the corporation during previous year,
Amount of treasurer's bond , .

.

.

.

Date of examination by commissioner : May 16.

.

.

.

.
.
.

.

2,110
. 319
..

174,894 09

.

20,000 00

. 689

.

3,896 25

1883. ]

2:37

PUBLIC DOCUMENT — No. 8.
Public Funds.
Estimated

Par Value.

Market Value.

Amount Invested .

$ 20,000
12,000
6 ,000

$21,000 00

$ 20 ,000 00

14,520
6 ,855
55 ,850
21,450

13 ,174 89
6 ,477 28
51,303 32

City bonds :

City of Boston 4s,
of Lawrence 6s, water bonds, .
of Lowell 5s, water bonds,

of Newton 5s, water bonds,
of Worcester 5s, municipal,

50,000

00
00
00
00

20,000
$ 108,000 $ 119,675 00

21,046 35

$ 112,001 8 +

BANK STOCK.
Commonwealth Nat'l Bank, Boston ,
First Nat'l Bank, Cambridge, .
Merchandise Nat'l B :ink, Boston,
Natick Nat'l Bank, Natick , .
Newton Nat'l Bank, Newton , .
Pacific Nat'l Bank, Boston , .
Revere Nat'l Bank , Boston ,
S. Framingham N '! B ’k , S. Fram 'h 'm ,
State Nat'l Bank , Boston,
..
Union Market N 'l B 'k , Watertown,
Wachusett Nat'l Bank , Fitchburg, .
Waltham Nat'l Bank, Waltham ,

$ 3,000
1,000
2,400

2,500
1,500

$ 3,330 00
1,600 00

2 ,400 00
3,375 00

1,650 00

10 ,000

3,000
5 ,000

600

3,420 00
738 00

5 , 250 00

$ 3,000 00
1,000
2 ,400
2 ,500
1,500
10 ,000
3 ,000
5 ,000

00
CO
00
00
00
00
00

600 00
2,500 00

4 ,000 00

2 ,500

4,360 00
4,525 00

225

300 00

225 00

$ 35,725

$30,948 00

$ 35 ,725 00

4,000 i

RAILROAD BONDS.

Boston and Albany Railroad 7s,

$ 10 ,000

$ 19,800 00

$ 13,473 34

Mansfield and Framingham R .R . 75,

10,000
$50,000

11, 250 00

10 ,000 00

$61,050 00 / $ 53,473 3 +

238

BANK COMMISSIONERS' REPORT.

[Jan.

NORTIIAMPTON INSTITUTION FOR SAVINGS - NORTHAMPTON.

Incorporated 1812. Number of corporators, 18.
L . MALTBY, Treasurer.
STATEMENT.

H . G . KNIGHT, President.

ASSETS .

LIABILITIES.

$ 1,921,009
761 Public funds, .
Deposits , .
27 ,510 55 Bank stock ,
Earnings undivided,
37,000 00 Loans on bank st
Guaranty fund,

$ 138,890 63
45 ,800 00
13,403 70
361,875 00
27 ,582 40
11,321 75
564,326 24

Railroad bonds,
Real estate,
.

Real estate by foreclosure,
..

Loans on real estate,

272,612 26
3,850 00
245,078 61
779 72
$ 1,985,520 31

Loans on personal security,

cities, or
to counties,
Loans
towns , .
.

Depos
it in banks on interest, :
Cash on band , .
$ 1,985,520 31
Loans on Bank Stock , amount on each :

On 3 shares Hampshire County National Bank, .
On 66 shares Northampton National Bank , . .
On 96 sbares First National Bank, Northampton , .
Invested in real estate (for banking purposes), .

. . . . . $ 300 00
. . . . . 5,013 70
8,090 00
.
. . . . . $ 27,582 40
Estimated value of the same, . . . . . .
: . . 25,000 00
. . 11,321 75
Amount of real estate held by foreclosure, . . .
Assessed value of the same, . . . . . .
9,520 00
754 72
Amount of incomereceived from the same, . . . . .
316 91
Amount of municipaltax on realestate, . . . . .
Cash on Deposit in Banks, amount in each :
City National Bank, Springfield , . . . .

Northampton National Bank, . . . . . .
.

Whole amount of interest orprofits received or earned,

. . . . $220,078 61
.

.

. .

.

.

25,000 00

. . $ 97,616 75

Rate and amount of each semi-annual dividend for previous / 2 per cent., 36,247 98
year, . .
. . . . . . . . . 2 per cent., ? 36,716 14

Times for the dividends fixed by the by -laws: first Wednesday in April
and October.
Average annual per cent of dividends for the term ending at timeof, and
including, last extra dividend : 7.
The total amount of loans, with each specified rate of interest: $6 ,480,
4 per cent.; $ 70,000, 4 ) per cent.; $ 125,209.70 , 5 per cent.; $ 3,000 , 5 . per
cent.; $ 319,502 50 , 6 per cent.

Number of outstanding loanswhich are ofan amount not exceeding $3,000
each, . . . . . . . .
. . 286
318,475 86
Aggregate amount of the same, .
Number of open accounts , . . . . . . . . 5327
Number and amount of deposits received for previous year, . 3,391 300,695 65
Number and amountof deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

. 238

136 ,580 01

1883 .]

PUBLIC DOCUMENT — No. 8.

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 : August 15.

.

239
2,942 $ 318,397 46
• 809

.
.
.

. 660
. .
. .

5,222 41

25,000 00

Public FUNDS.
Par Value .

United States bonds,

Estimated
Market Value.

Amount Invested .

$ 367,890 63

.

City bonds :
City of Meriden , Conn., ,

.

71,000
$ 111,000 $ 156,175 00

71,000 00
$138,890 63

BANK STOCK .

Northampton
N 'I B'k, Northampt'n,
.
First Nat'l Bank, Northampton
u,
p

,

City Nat'l Bank , Worcester , .

Atlantic Nat'l Bank, Boston , .
Boston Nat'l Bank , Boston,
Commerce Nat'l Bank, Boston ,
Exchange Nat'l Bank , Boston ,

$ 10 ,000
1,600
4,000
1,000
5 ,300
1,500

$ 16 ,500 00
2 ,800
4 ,720
1,500
6 ,254
1,785

00
00
00
00
00

$ 10 ,000 00
1,600 00

4,000 00
1,000 00
5 ,340 00
1,500 00

1,000

1, 300 00

First Nat'l Bank , Boston ,

3 ,000

Merchants' Nat'l Bank, Boston

2,000

6 ,060 00
2 ,800 00

North America Nat'l Bank, Boston ,
Second Nat'l Bank , Boston , .
Shawmut Nat'l Bank , Boston, .

2,700
3 ,400
2 ,600
1,700

5 ,168 00
2,860 00
2 ,091 00

2,000
2,000
2,000

1,860 00
2,160 00

2,000 00

2 ,700 00

2 ,000 00
2,000 00

$ 15,800 $63,528 00

$ 15,800 CO

State Nat'l Bank , Boston, .

.

Traders' Nat'l Bank, Boston , .
Washington Nat'l Bank, Boston ,
Webster Nat'l Bank , Boston , .

2,970 00

1,000 00
3 ,000 00
2 ,000 00
2,700 00
3 ,400 00
2 ,600 00
1,700 00

RAILROAD BONDS.

Boston and Albany Railroad 6s,
Boston and Albany Railroad 7s,
Boston and Maine Railroad 7s,
Boston and Lowell Railroad 7s,

$ 10,000
70 ,000

$ 17 ,600 00
86 ,800 00

40 ,000

48 000 00

200 ,000

218 ,000 00

$ 11,000 00
207, 250 00
71,275 00
42,350 00

$350,000 $ 130,400 00 $361,875 (0

240

BANK COMMISSIONERS' REPORT.

Jan.

NORTH ADAMS SAVINGS BANK — NORTH ADAMS.
Incorporated 1818. Number of corporators, 43.
C . T . SAMPSON , President.
V. A . WHITAKER, Treasurer.
STATEMENT.
ASSETS.

LIABILITIES

Deposits, .
Earnings undivided ,
Guaranty fund,
State tax, .
.
Other liabilitics,

$ 122,470
88
500 00

$ 1,026 ,528 21 || Public funds,
8,000 00
00 Loans
on public funds,
Bank stock ,
13,500

40,900 00

1,075 00 | Loans on bank stock ,
742 09 Real estate , . .
Loans on real estate , .
Loans on personal security ,

9 , 100 00
6 ,000 00

473,667 00

327,472 89
29 623 01

.

Loans
to counties, cities, or
towns, .

Deposit in banks on interest. :
Expense account,

.

.

22,898 06
372 24

.

10,299 59
7,541 63

Interest account,
Cash on hand . .

$ 1,019,845 30

$ 1,049,845 30
Loans on Public Funds: -On $ 500 United States bond, . . . .
Loans on Bank Stock , amount on cach :

.

.

.

.

.

200 00

Cash on Deposit in Banks, amount in each :
Maverick National Bank, Boston, . . . .
Berkshire National Bank , North Adams, . .

.
.

.

.

.

.

.
.

.
.

. . .

.
.

:::

.
.

: .

.
.

·

Invested in real estate (forbanking purposes), . . . . . .
Estimated value of the saine, . . .
Amount of municipal tax on realestate,

$ 500 00

. . . . . . . $7,400
00
1 .500 00

... ::

On 74 shares Adams National Bank , .
On 40 shares Berkshire National Bank , .
On 5 sbares Pittsfield National Bank , .

.

.

.

$ 5,000 CO
7 ,000 CO

.

.

102 (8

.
.

.
.

$ 2,898 (6
20,000 00
. 4,039 84

.
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 coinmissioner : June 6.

·

AdamsNational Bank , North Adams, . . . . . . .
.
Whole amount of interest or profits received or carned,
Rate and amountof each semi-annualdividend for previous / 2 per cent., 5
year, . . . . . . . . . . . 2 per cent., ?
Times for the dividends fixed by the by-laws: April 1 and October 1.
The total amount of loans, with each specified rate of interest: $ 50 ,000,
4 per cent.; $ 19,401, 4. per cent.; $ 10.5,457, 5 per cent.; $ 25,000, 5. per
cent.; $ 582,247.89, 6 per cent.; $16.585,64 per cent.; $ 1,100, 7 per cent.;
$ 10,950, 71% per cent.
Number of outstanding loans which are ofan amount not exceeding $ 3,000
each, . . . . . . . . . . . . . 220
Aggregate amount of the same, .
3,690
Number of open accounts, . . .
Number and amount of deposits received for previous year, . 4,570
Number and amountof deposits of and exceeding $ 300 at any one time
.
.
. 276
for the previous year, .
.
.
.
.
.
Number and amount of withdrawals, . . . . . . 2,596
Number of accounts opened the previous year, . . . . 1,011
. 585
. .
. .

$53,966 99

17,293 47
18,407 38

231,345 00
360,315 77
167,498 68

270,436 20
4,251 61
20,000 00

1883.]

PUBLIC DOCUMENT — No . 8.

241

PUBLIC FUNDS.
Par Value.

United States 4s,

ofof Portland,Me.,
Bangor,Me., .
of Lynn , ...

of New Bedford ,
Town of Adams,
of North Adams, .

.
. . . . . . . ..

City and town bonds :
City of Providence, R . I.,
.
.
of Lowell,.
of Fall River, . .
of Cambridge, . .

Estimated
Market Value. AmountInvested.

$ 50 ,500
5 ,000

$ 59,590 00

5,650 00

$ 55,090 88
5 ,000 00

18 ,000
10 ,000
11,000

20,880 00

19 ,880 00

10 ,400
13,680
5 ,750
6 ,250

00
00
00
00

11,000 00

5 ,000
1,000
1 ,000
3 ,000

5 ,850 00

5 ,000 00

1,180 00
1,180 00
3 ,150 00

1,000 00
3.000 00

1,500

1,650 00

1 ,500 00

$ 116,000 $ 135,510 00

$122,470 88

5 ,000
5 ,000

10 ,000 00
5 ,000 00
5 ,000 00

1,000 00

BANK STOCK .
Adams Nat'l Bank, Adams, .
.
Pittsfield Nat'l Bank , Pittsfield ,
First Nat'l Bank , Adams,

Lee Nat'l Bank , Lee ,

Berkshire Nat'l Bank,North Adams,

$ 26 ,500
1,400

$ 37 ,100 00

5 ,000

7 ,500 00
8,400 00
2 ,250 00

6 ,000

2,000

1,960 00

$40,900 $57,210 00

$ 26 ,500
1,400
5 ,000
6 ,000
2,000

00
00
00
00
00

$ 10,900 00

242

BANK COMMISSIONERS' REPORT.

[Jan .

NORTH AVENUE SAVINGS BANK - CAMBRIDGE.
Incorporated March 7, 1872. Number of corporators, 38.
SAMUEL F . WOODBRIDGE, President.
Milton L. WALTON, Treasurer .
STATEMENT.
LIABILITIES.

Deposits, . .
Earnings undivided .
Guaranty fund,

ASSETS.

$ 851,431
,390 0519 || Bank
Publicstock
funds,
.
,
1, 189 54 | Real estate by foreclosure,
Loans on real estate , .

.

51,575 00
14,500 00

.

Loans on personal security ,
Deposit in bank on interest,
Suspense account, . .

Cash on hand, .

.

7,708 93
34 99
251 25
$ 88,010 78

.

$ 88,010 78
Amountof real estate held by foreclosure, . . . . . . .
Assessed value of the same, . . . . . . . . . .
Amount of incomereceived from the same, . . . . . . .
Amount ofmunicipal tax on real estate,. . . . . .
Cash on Deposit in Bank :
Howard National Bank, Boston , . . . . . . . . .
Whole amountof interest or profits received or earned , . . . .
Rate and amount of each semi-annual dividend for previous / 2 per cent.,
year, . . . . . . . . .
. . 2 per cent., ?
Times for the dividends fixed by the by-laws: January 10 and July 10.
Average annual per cent. of dividends for the term ending at timeof, and
including, last extra dividend : 41 .
The total amount of loans, with each specified rate of interest : $5 ,300,
64 per cent.; $32,700,6 per cent.; $ 8,200,64 per cent.; $ 2,375,7 per cent.;
$ 3,000, 7 , per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
. . . . . 23
each, . . . . . . .
Aggregate amount of the same, . . . . . . . . .
Number of open accounts , . . . . . . .
Number and amount of deposits received for previous year,

.

. 564

.

. 599

Number and amountof deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . .
. . 20
Number and amount of withdrawals, . . . . . . . 303
Number of accounts opened the previous year, . . . . . 100
Number of accounts closed the previous year, . . . . . 46
Amount of expenses of the corporation during previous year, . . .
Amountof treasurer's bond, . . . . .
.
. .
Date of examination by commissioner : June 24 .

. . .. .

$ 4,986 04
5 ,000 00
3,954 57

$ 3,954 57
3,300 00
300 00
52 60

$7,708 93
$ 4,309 43
1,335 28
1,433 49

30,875 00
25,645 30
9,947 21
15,093 08
535 84

5,000 00

1883.]

PUBLIC DOCUMENT — No. 8 .

243

PUBLIC FUNDS.
Estimated
Par Value.

United States 4s, consols, .

.

$5,000

Market Value.

Amount Invested .

$5, 968 75

$ 1,986 04

BANK STOCK .

First Nat'l Bank, Marlborough ,

$5 ,000

$5,000 001 $5 ,000 00

244

BANK COMMISSIONERS' REPORT.

[Jan.

NORTH BROOKFIELD SAVINGS BANK — NORTH BROOKFIELD .
Incorporated 1854. Number of corporators,31.
CHARLES ADAMS, JR., President.
Bonum Nye, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, .
Earnings undivided ,
Guaranty fund, .
Rentof real estate, .

ASSETS.

8361,312
3,070
9,013
286

73
91
14
82

| Public funds, .
Bank stock , .
| Railroad bonds,
estate by foreclosure, .
Real
Loans on real estate, . . .
Deposit in bank on interest,
Expense account, . .
Furnitur
e, .

Cash on hand, .

.

87 ,000 00
870 00

142,398 75
1,470 33
43 33
189 35

341 84

.

$ 373,713 60

$ 373,713 60
.
.
.

•
•

Amount of real estate held by foreclosure, .
Assessed value of the same, . . . .
Amount of incomereceived from the same, .

Amountof municipal tax on real estate,

$ 130,000 00
11,400 00

. .

.

.

.

.

. .

. . .

$ 870 00
600 00
68 10
11 45

Cash on Deposit in Bank :

Maverick National Bank, Boston , . . . . . . . . . $ 1,470 33
Whole amount of interest or profits received or earned , . . . . $21,244 91
Rate and amountof each semi-annual dividend for previous ? 2 per cent.,J 6,893 62
year, . . . . . . . . . . . . 2 per cent., 2
Times for the dividends fixed by the by- laws: January 1 and July 1.
Average annual per cent. of dividends for the term ending at time of, and
including , last extra dividend : 5 % .

7,013 98

The total amount of loans, with each specified rate of interest: $142,
398.75 ,55 per cent.
Number of outstanding loans which are of an amount notexceeding $ 3,000
each , . . . . . . . . . . . . . 143
Aggregate amount of the same, . . . . . .
. . 118 ,598 25
Number of open accounts, . . . . .
. . 1,417
Number and amount of deposits received for previous year, . . 923 54,879 80
Number and amount of deposits of and exceeding $ 300 at any one time
6 ,589 92
for the previous year, . . . . . . . . . . 14
68,875 97
Number and amount of withdrawals,
.
.
.
.
.
. 622

Number of accounts opened the previous year, . .
Number of accounts closed the previous year, . . .
Amount of expenses of the corporation during previousyear,
Amount of treasurer's bond , . . . . . . .
Date of examination by commissioner : July 10.

. . 213
. . 185
. . .
. . .

1,004 44
14,000 00

1883. ]

PUBLIC DOCUMENT — No. 8.

245

PUBLIC FUNDS.
Estimated
Par Value.

United States bonds,

.

..

State , city,and town bonds:

Market Value.

AmountInvested .

$ 17,000 $ 19,252 50 / $17,000 00
17,000

19,380 00

17,000 00

New Hampshire,
City ofof Springfield
,. .

1,500
4 ,000

1,815 00

of Boston,
..
of Manchester, N .H .,

23,000
7 ,000

1 ,500 00
4 ,000 00
23,000 00

of Providence, R .I., .

of Portsmouth, N .H .,
of Portland , Me., .
of Cambridge, . .
of Salem , . . .
of Columbus, O ., .
Town of Woburn, .

.

of Beverly, .

.

. . . . . . . . . .

State of Maine,

9 ,500
5 .000

5 ,000

2,000

4 ,040
26 ,938
8 ,155
9,822
5 ,850
6 ,050
2,400

00
75
00
50
00
00
00

2 ,000

2,290 00

5 ,000
12 ,000
20 ,000

5 , 175 00
14 ,040 00
20 ,600 00

$ 130 ,000 $ 145,808 75

7,000 00
9,500
5 ,000
5 ,000
2 ,000
2,000
5 ,000

00
00
00

00
00
00

12,000 00)
20,000 00
$ 130,000 00

BANK STOCK .
Commonwealth Nat'l Bank, Boston ,
Eliot Nat'l Bank, Boston , .
Ware Nat'l Bank ,Ware, .

.

$ 10,000
1,000
400

$ 11,130 00

$ 11,400

$ 12,741 00 | $11,400 00

1,119 00
492 00

$ 10 ,000. 00
1 ,000 00
400 00

RAILROAD BONDS.

Boston and Albany Railroad , .
Boston and Providence Railroad,
Boston and Maine Railroad , .
Eastern Railroad , .

Old Colony Railroad,

$ 31,000
8 ,000
13,000
27 ,000
8,000

$ 37,685
9 ,860
16 ,022
29,565
9,340

00
00
50
00
00

$ 31,000
8 ,000
13,000
27 ,000
8 ,000

00
00
00
00
00

$87,000 $ 102,472 50 1 $87,000 00

246

BANK COMMISSIONERS' REPORT.

[Jan .

NORTH EASTON SAVINGS BANK - EASTON .

Incorporated February 8, 1864. Number of corporators, 30.

P. A. GIFFORD, Treasurer.

FRED. L. Ames, President.
STATEMENT.
LIABILITIES.

Deposits,
.
Earnings .undivided,
Guaranty fund,

ASSETS.

$ 331,826
96 || Public funds, .
15,331 84 Bank stock ,

.

.

$ 28,330 00

.

120 , 161 77

5 ,500 00 Loanson bank stock , .
Real
estate by foreclosure,
Loans real estate,

.
.

Loans on personal security ,

.

on

.

5 ,000 00
13,285 88

164,610 00

.

12, 1623 69
00
9, 105 46

Expense account,

Cash on hand and in bank,

$ 352,658 80

$352,658 80
Loans on Bank Stock :
On 50 shares First National Bank of Easton , .
Amount of real estate held by foreclosure,
.
vou , ..

. .
.. .

.
.

.

.

Assessed value of the same, . . . .
Amount of income received from the same, .

.
.

.
.

.
.

.
.

.
.

.
.

. .

.

.

.

.

.

Amount of municipaltax on real estate,

.

.

$ 5,000 00
$ 13,285 88
11,600 00
472 51
190 33

Cash on Deposit in Bank :

First National Bank, Easton, . . . . . . . . . . $ 8,009 52
Whole amount of interest or profits received or earned , . . . . $ 18,559 07
Rate and amount of each semi-annual dividend for previous ? 2 per cent.,
year,

.

.

.

.

.

.

.

.

.

.

2 per cent.,

5 ,881 37
6 ,138 54

Times for the dividends fixed by the by -laws: April 15 and October 15.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 54.
The total amount of loans, with each specified rate of interest : $ 8,000,
4 per cent.; $ 10,000, 5 per cent.; $ 161,845, 6 per cent.; $ 8,810, 64 per

cent.; $ 16,000, 7 per cent.; $3,425, 7) per cent.; $500, 8 per cent.1
Number ofoutstanding loans which are ofan amountnot exceeding $3,000
each , . . . . . . . . . . . . . 117
Aggregate amount of the same, . . . . . . . . . 98,410 00
Amountof investments from which no incomeis received, . . . . 4,574 76
Number of open accounts, . . . . . . . . 1,109
Number and amount of deposits received for previous year, . . 856 87,676 60
Number and amount of deposits of and exceeding $ 300 at any one time
. 61
35,965 43
.
.
.
.
.
.
.
for the previous year, .
Number and amount of withdrawals, . . . . . . . 489 62,282 78
223
Number of accounts opened the previous year, . . . . .. 223
Number of accounts closed the previous year, . . ..
136
Amount of expenses of the corporation during previous year, .
750 00
. 10,000 00
Amount of treasurer's bond, . . . . . . . .
Date of examination by commissioner : October 25.

1883. ]

PUBLIC DOCUMENT — No. 8 .

247

PUBLIC FUNDS.
Estimated

Par Value.

Market Value. Amount Invested .

City bonds :

of Bangor , Me.,
of Springfield, .
Town of Stoughton , .

00
00
00
00

$ 2,000 00

$ 28,000 $30,420 00

$28,330 00

$ 2,000

City of Bath , Me., .

.

8 ,000

.

10,000
8 ,000

.

$ 2 ,000
8,000
12,300
8 ,120

6 ,960 00

11,250 00
8 ,120 00

BANK STOCK .
City Nat'l Bank , Lynn , .

.

Neponset Nat'l Bank , Canton, .
Bristol County Nat'l Bank, Taunton ,
Taunton Nat'l Bank, Taunton,
First Nat'l Bank , Easton , . .
Traders' Nat'l Bank , Boston , . .

Shoe and Leather Nat'l B ’k , Boston,
Tremont Nat'l Bank, Boston , .
State Nat'l Bank, Boston ,.
City Nat'l Bank , Boston , .

Market Nat'l Bank, Boston , .
Atlas Nat'l Bank, Boston ,
Eagle Nat'l Bank , Boston ,

$ 10 ,560 00

$ 9 ,578 25

7,500
3 ,800
70

9,750 00

8,100 00

0
10 ,000

3,600
2 ,500
2,500
2,500
2,500

2,500
2,500
2,000

New England Nat'l Bank, Boston , .
North Nat'l Bank, Boston,

$6 ,600

.

Revere Nat'l Bank , Boston ,

Everett Nat'l Bank , Boston , .

2 ,500

11, 300
5 ,700
7 ,800

Shawmut Nat'l Bank , Boston , .
Atlantic Nat'l Bank , Boston , .

5 ,000

Hamilton Nat'l Bank, Boston, .

2,500
2,500
3 ,800
5 ,000

Manufacturers' Nat'l Bank , Boston,
Redemption Nat'l Bank , Boston ,

Hide and Leather Nat'l B ’k , Boston ,

2 ,500

5,700
980
13,000
3,339
2,637

00
00
00
00
50

2 ,850 00
3 ,075 00

2,970 00
2 ,500 00

3,025
2,255
3,375
14 ,548

00
00
00
75

6 ,498
8 ,814
5 ,487
3,712
2,950
2 ,625

00
00
50
50
00
00

4 ,560 00
920 50
10 ,690 00
3,632 75
3, 395 00
3 ,137 50
2 ,693 75
2,765 63
2 ,750 00
2,878 13
2,255 00
3 ,450 00
15 ,074 63
7 ,178 50
10 ,135 00
6 ,500 00
3,750 00
3 ,450 00

4 ,978 00

2,753 13
4 ,789 00

5 ,500 00

5 ,725 00

$ 97,800 $ 121,130 25 $ 120,161 77
- -

248

BANK COMMISSIONERS' REPORT.

[ Jan.

NORTH END SAVINGS BANK - BOSTON .

Incorporated February 17, 1870. Number of corporators, 25.
NATHANIEL J. Rist, President.
GEORGE C . TRUMBULL, Treasurer.
STATEMENT.
LIABILITIES.

Deposits, .
Earnings undivided ,
Guaranty fund,

ASSETS.

Public funds, .
Bank stock, ,

$ 392,586 01
7 ,442 00

$ 9,700 00

.

.

59,675 91
20 ,212 50
31,533 15
231,921 87
49, 500 00
1,562 81
3 , 500 00
2 ,194 40
973 61

Real estate by foreclosure,
Loans on real estate,.
Deposit in banks on interest,
Expense account, .
Suspense account, .
Vault and furniture , .

Cash on band, .

.

$ 411,074 28

$ 411,074 28

Amountof realestate held by foreclosure, . . .

. .

. . $31,533 15

Assessed value of the same, . . . .
Amountof income received from the same, .

.
.

.
.

Amount of municipal tax on realestate,

.
.

.
.

.
.

. . . . .

.
.

32,779 76
2,579 71

. .

511 85

Cash on Deposit in Banks, amount in each :
.
Security National Bank, Boston, . . . .

.

. .

.

.

.

.

.

Whole amount of interest or profits received,

.

.

.

.

. $22,764 06

Metropolitan National Bank, Boston, . .

.

. $30,000 00
19,700 00

Rate and amount of each semi-annual dividend for previous / 2.per cent., 7,242 79
year, . . . . . . . . . . . . 2 per cent., l 7,123 97
Times for the dividends fixed by the by-laws : January 1 and July 1.
The total amount of loans, with each specified rate of interest : $ 4,000,

52 per cent.; $113,936.87, 6 per cent.; $12,700, 64 per cent.; $50,187,

7 per cent.; $1,250,71% per cent.; $ 15,700, 71 per cent.; $34,148, 8 per
cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000

each, . . . . . . . . . . . . . 93
138 ,184 87
Aggregate amount of the same, .
Amount of investments from which no income is received , . . . . 3 ,500 00
Number of open accounts, . . . . . . . . 1,317
Number and amount of deposits received for previous year,

.

. 918

73,546 40

Number and amount of deposits of and exceeding $ 300 at any one time
. 66
.
.
for the previous year, . . . .
.
37,624 21

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 : March 9.

.

.

.

782 76 ,537 55
182
190
. 4,752 03
.

44,000 00

1883.]

PUBLIC DOCUMENT - No. 8.

249

PUBLIC FUNDS.
Estimated
Par Value.

Market Value. Amount Invested .

City bonds :

City of Cambridge, .

$10,000 $ 10,200 00

..

$9,700 00

BANK STOCK .
City Nat'l Bank , Boston , .

.

.

Revere Nat'l Bank, Boston,
Shoe and Leather Nat'l B 'k , Boston ,
Tremont Nat'l Bank, Boston, .
First Nat'l Bank, Chelsea,
Atlas Nat'l Bank, Boston ,
Eagle Nat'l Bank , Boston ,
Traders' Nat'l Bank , Boston , .
North Nat'l Bank , Boston , .

Suffolk Nat'l Bank, Boston , .
Commonwealth Nat'l Bank, Boston ,
Commerce Nat'l Bank, Boston ,
Third Nat'l Bank, Boston ,
Eliot Nat'l Bank, Boston,
Union Nat'l Bank , Boston ,

Market Nat'l Bank, Boston, . .

Metropolitan Nat'l Bank, Boston , .

$7,845 75
3,876 00

$6 ,600
3,400
2 ,600
2,600

5,000
5,000
7,100
3 ,000
5 ,000 .
300
1,000

2,743 00
2,964 00
6 ,250 00
6 ,056 25

8,005 25
2 ,782 50
6 ,437 50
351 00
1 ,000 00

$ 7,394 62
4 ,390 12
3 ,782 00
3 ,360 25
5 ,767 42
5 ,787
8 ,012
3 ,237
6 ,762

50
75
76
50

375 00

1 , 131 25
660 00

500
1,000
500

555 00
1, 192 50

3,300
600

3,927 00
840 00
2,425 00

3 ,884 37

$57,757 00

$59,675 91

$20,000 | $ 24,650 00

$ 20,212 50

2,000
$ 19,500

506 25

1, 308 50
544 37
847 50
2,430 00

RAILROAD BONDS.
Boston and Maine Railroad 7s,

250

BANK COMMISSIONERS' REPORT.

[ Jan .

ORANGE SAVINGS BANK - ORANGE.

Incorporated 1871. Number of corporators, 101.
J. H . WAITE ,
- , President.

Treasurer .

STATEMENT.

LIABILITIES.

Deposits, . . ..

Earnings undivided ,
Guara fund,
nty

ASSETS.

$ 316 ,837 10 Il Public fundss, .
2,022 55 I Bank stock ,

.

$ 13,548 21

.

39,906
5 ,200
16 ,950
1,745
89,638

3,700 00 Loan
s on bank stock ,
Railroad bonds,
Real estate by foreclosure
Loans on real estate ,. .

56,170 17
69,389 05

Loans on personalsecurity ,

Deposit in banks on interest,
Expense account,

11 90

.

.

$ 322,559 65

$322,559 65
Loans on Bank Stock , amount on each :
On 4 shares Orange National Bank , . .

On 50 shares Franklin County National Bank , . .

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,

60
00
00
02
70

.
.
.
.

$5,000 00
.

.

200 00

.
.
.

.
.
.

$ 1,745 02

.

. $ 25,000 00

.

.

.

.
.
.
.

. . .
. . .
.
. . .

.

.

.

1,600 00
72 00
28 70

Cash on Deposit in Banks, amount in each :
Central National Bank, Boston,

.

.

.

Orange National Bank , Orange, . . . . . . . . .
Whole amount of interest or profits received or earned , . . . .
Rate and amount of each semi-annualdividend for previous 1 2 per cent.,
year, . . . . . . . . . .
52 per cent., 1
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, and

44,389 05
$ 12,818 52
4,742 05
5,224 25

including, last extra dividend : 4.

The totalamountof loans,with each specified rate ofinterest: $ 5,200, 4 per
cent.; $ 145,808.87, 5 per cent.
Number of outstanding loanswhich are of an amountnot exceeding $ 3,000
each, . . . . . . . . . . . . . 167
Aggregate amount of the same, .
Number of open accounts,

.

.

.

.

.

95,534 92
1,568 121,976 74

1,335

Number and amount of deposits received for previous year, ,
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 117 58,965 30
Number and amount of withdrawals, . ,
• 777
70,699 62
. 421
Number of accounts opened the previous year, .
Number of accounts closed the previous year,
. . . . 184
Amount of expenses of the corporation during previous year, . . .
349 78
. . . . 20,000 00
Amount of treasurer's bond, . . . . .
Date of examination by commissioner : June 7.

* Deceased October 13, 1882.

1883.]

PUBLIC DOCUMENT — No. 8.

251

PUBLIC FUNDS.
Estimated
Par Value.

City and town bonds :
of Fall River, . .

City of Manchester, N . H .,

Market Value. AmountInvested .

$ 15,000

$ 15 ,900 00
2,340 00

Hyde Park, .

2,000
1,000
1 ,000
3,000
5,000
8 ,000
5 ,000

of Auburn,Me.,

1,600

of Cambridge, .

Bangor, Me., ..
of Lynn , . .
Town of Brockton , . .
Sheldon , Vt., .

1,190 00

1, 150 00

$ 15 ,458 21
2 ,290
1, 180
1, 115
3 ,425

00
00
00
00

3,520 00
5 ,400 00

5 ,400 00

8,400 00

8 ,000 00
5 ,000 00

5 ,200 00
1,760 00

$41,600 $44,860 00

1,680 00

$43,548 21

BANK STOCK .
First Nat'l Bank, Springfield , .
Union Market Nat'l Bik , Watertown,

Third Nat'l Bank, Springfield , .

Orange Nat'l Bank , Orange, . .
First Nat'l Bank , Chelsea ,
.

Boylston Nat'l Bank, Boston , . .
Atlas Nat'l Bank, Boston,
.
Everett Nat'l Bank , Boston ,
North America Nat'l Bank , Boston ,

First Ward Nat'l Bank, Boston,
Webster Nat'l Bank, Boston, .
Manufacturers' Nat'l Bank , Boston ,

Tremont Nat'l Bank, Boston , .
North Nat'l Bank , Boston ,

..

Central Nat'l Bank, Boston, .
Hide and Leather Nat'l B ’k , Boston,
Eliot Nat'l Bank , Boston ,

$ 1,000
1.000
500
10,000
400
500
1,500
400
1, 100
2 ,000
2 ,500
2 ,000
3 ,000
1,000
300
500
6 ,500

$ 1,400 00

$ 1,470 00

1,700
784
11,500
460

1,750
823
10,000
460
608

00
00
00
00

600 00
1,875 00
465 00

1,254 00
2 ,100 00
2 ,820 75
2 ,200 00

3 ,600 00
1, 300 00
300 00

00
00
00
50

62

1,935 00
529 00
1,309 00

1,882
2,820
2,200
3 ,720
1,392
628

06
75
00
00
50
50

575 00
7 ,800 00

596 25
7 ,781 42
$ 39,906 60

$ 15,000 $16 ,950 00

$ 16 ,950 00

$34,200

RAILROAD BONDS.

Fitchburg Railroad , .

.

.

252

BANK COMMISSIONERS' REPORT.

[Jan.

PALMER SAVINGS BANK — PALMER .

Incorporated 1870. Number of corporators, 42.
L . E . MOORE, Treasurer.
C. L. GARDNER, President.
STATEMENT.
LIABILITIES .

ASSETS.

$ 591,222 47 |

Deposits , . .
Earnings undivide ,
Guaranty fund , d

$ 21,600 00

Public funds,

2,138 04 | Bank stock ,
7 ,500 00 Loans on bank stock ,

41, 100
6 ,060
10 ,000
13,835
11,000
297,172

Railroad bonds,

Real estate,

.

Real estate by foreclosure, .
Loans on personal security ,

Loans on real estate,

00
00
00
00
00
00

178,480 72

Loans
to counties,
cities,
towns, .
.
Deposit in bank on interest,

1,550 00
439 62
7 ,000 00

10,184 47

Expense account, .
Premium account,

1,838 70

Cash on hand,

$603,860 51

$ 603,860 51
Loans on Bank Stock , amounton each :

On 20 shares Brockton National Bank, Brockton ,
On 49 shares Palmer National Bank , Palmer,

.

.

.

.

.

.

$ 2,000 00

.

.

.

.

.

4 ,060 00

.

. $ 13,835 00

Invested in real estate (for banking purposes), , .
.

.

.

Amountof real estate held by foreclosure, ..
Assessed value of the same, . . .
Amount of incomereceived from the same, .

Amount of municipaltax on real estate,
Cash on Deposit in Bank :
Palmer National Bank , Palmer, .

.

15 ,000 00

. . . . .

Estimated value of the same, .

.

11,000 00
7,500 00

756 00

. . .

. .

. .

.

.

.

. .

.

253 24

. $ 10,184 47

Whole amountof interestor profits received or earned, . . . . $ 32,478 20
Rate and amount of each semi-annual dividend for previous / 2 per cent., S 10,102 27
year,

.

.

. . . . . . . . . ) 2 per cent.,
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 4186 .

10,749 23

Times for the dividends fixed by the by-laws: January 1 and July 1.

The total amount of loans, with each specified rate of interest : $209,300,

5 per cent.; $ 240,372.72, 6 per cent.; $ 8,000,54 per cent.; $ 24,250,64 per
cent.; $ 1,640, 7 per cent.

Number of outstanding loans which are ofan amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

·

· 289

.

.

.

Number and amount of deposits received for previous year,

,

258,579 39
1,674 178,666 44

Aggregate amountof the same, .
Number of open accounts, . .

1,987

Number and amount of deposits of and exceeding $ 300 at any one time
. . . . . 157 92,817 22
for the previous year, . . . .
Numberand amount of withdrawals, . .
. . . 1,032 132,716 10

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 11.

. . 441
. . 289
. . . 1,858 22
.
. 20,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

253

PUBLIC FUNDS.
Estimated

United States 4s,

.

City bonds:
City of Boston 6s, .
of Worcester 6s,
of Fall River 6s,
of Fall River 5s,

.

.

.
.

..

of Rockland, Me., 6s,

.

Par Value.

Market Value.

Amount Invested .

$ 100

$ 119 00

$100 00

5 ,000
6 ,000
5 ,000
3 ,000

6 ,000 00
7 ,050 00

6 ,100 00

5 ,000 00
6 ,000 00
5 ,000 00

3 ,360 00

3,000 00

2 ,500

2,500 00

2,500 00

$ 21,600 $25,129 00

$ 21,600 00

BANK STOCK

Palmer Nat'l Bank, Palmer, .
Monson Nat'l Bank , Monson , .
Ware Nat'l Bank , Ware , .
Brockton Nat'l Bank , Brockton ,
Agawam Nat'l Bank , Springfield , .
Chapin Nat'l Bank , Springfield ,

Eliot Nat'l Bank, Boston,.
North America Nat'l Bank , Boston ,
Commerce Nat'l Bank, Boston ,
State Nat'l Bank, Boston,
Suffolk Nat'l Bank, Boston,

.
.

$ 16 ,500
3 ,300
700

1,000
5 ,100
5 ,000

5,000
1,000

$21,450 00
• 4,950
882
1,100
6 ,732

00
00
00
00

$ 16 ,500 00
3,300 00
700 00
1,000 00

5 ,100 00

6 ,500 00

5,000 00

5,700 00
1 ,085 00

5 ,000
1,000
2 ,300
2 ,500
2 ,000

2,714
3,050
2,000
2,400
$44,400 $56,563

00
00
00
00
00

00
00
00
00

$ 44,400 00

$ 10 ,000 $ 10,900 00

$ 10,000 00

2,300

2,500

RAILROAD BONDS.

Eastern Railroad 6s,.

.

.

254

BANK COMMISSIONERS' REPORT.

[Jan.

PEOPLE'S SAVINGS BANK - WORCESTER .
Incorporated May 13, 1864. Number of corporators, 194.

C. M . BENT, Treasurer.

L . J. KNOWLES, President.
STATEMENT.

LIABILITIES.

ASSETS.

Deposits, .
$ 379,100 00
: $ 3,732,600 11 Public funds,
Earnings undivided , I
32,691 91 Bank stock ,
663,487 50
17
Loans
sto
on
bank
62,306
900 00
Guaranty fund,
Dividends unpaid , .
Railroad bonds,
164,500 00
61, 165 35 Real
estate ,
65 ,000 00
estate by foreclosure, il 28 ,937 44
Real
Loans on real estate, . .

1,356,138 16
908,059 00
74,900 00
75 ,210 89
2,129 53
35 ,051 26
8 ,964 08
116 ,459 37

Loans on personal security ,
Loans to counties, cities, or
towns,

.

.

Deposit
in banks on interest, .
Expense account, . .
Interest accrued,
Suspense account, .

.

.

Premium account,

9,926 31

Cash on hand and in banks,

$ 3,888,763 54

$ 3,888,763 54

Loans on Bank Stock , amount on each :
.
On 5 shares Boylston National Bank , Boston., .: .

On 5 shares First National Bank , Barre,

.

. . .
.
.

$400 00
500 00

·

Invested in realestate (for banking purposes),
.

$65,000 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,

.

.

.

.

.

.

.

· · · · · ·
· ·
· ·
. . . . . .

Estimated value of the same, .

.

.

65,000 00
28,937 44
. 21,100
00
..

.

.

.

1,332 00
345 12

.

.

.

$ 50 ,000 00

Cash on Deposit in Banks,amount in each :
Republic National Bank , Boston , .

.

.

City National Bank, Worcester, . . . . . . . . . 10,000 00
Central National Bank,Worcester,. . .
. . . . . 20,210 89
Whole amount of interestor profits received or earned, . . . . $ 182,324 62
Rate and amount of each semi-annual dividend for previous / 2 per cent., 67,152 27
year, . i . . . . . . . .
52 per cent.,? 69,726 58
Times
for
the
dividends
fixed
by
the
-laws:
by
February
and August
15
15 .
The total amount of loans, with each specified rate of interest: $4,000,
34 per cent. ; $69,400, 4 per cent. ; $ 125 ,000, 41 per cent.; $ 301,500 ,
4 per cent.; $ 175,000, 44 per cent.; $ 1,186,105.16, 5 per cent.; $478,992,
6 per cent.
Number ofoutstanding loanswhich are ofan amountnot exceeding $ 3,000
each, . . . . . . . . . . . . . 460
Aggregate amount of the same, . . . . . . . . . 619,621 00
Amount of investments from which no incomeis received , . . .
1,896 10
Number of open accounts, . . . . . . . . 10,331
Number and amount of deposits received for previous year,

.

8,805 720,853 16

PUBLIC DOCUMENT — No. 8 .

1883.]

255

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 600 $ 331,822 06
Number and amount of withdrawals, . . . . . . 6,286 575,581 01
Number of accounts opened the previous year, . . . . 1,746
Number of accounts closed the previous year, . . . .
1,303
Amount of expenses of the corporation during previous year, . . . 9,142 68
Amount of treasurer's bond, . . . . . . . . . . 30,000 00
Date of examination by commissioner : July 5.

PUBLIC FUNDS.
Estimated

Par Value.

United States 5s, extended ,
4s,

"

"

35,

"
.

"

8121,500 60
115 ,000 ( 0

13,682 50
3, 150 00
5,075 00

13,000 00

13,000
. .

City and town bonds:
City of Boston 5s, . .
of Manchester, N . H ., 6s,.
of Portsmouth , N . H ., 4s, .

of Dover, N . H .,6s, .
Town of Beverly 4s, .

$ 121,500 $ 123,626 25
115 ,000 | 130,093 75
100,000 102,375 00
10,600
10,759 00

100 ,000 00
10 ,600 00

.

County of Strafford, N .H .

Market Value. AmountInvested .

.
.

3,000
5,000
1,000

10 ,000

3 ,000 00

1 ,070 00

5 ,000 00
1,000 00

10,275 00

10 ,000 00

$379,100 $400,106 50 $379,100 00
BANK STOCK .
Market Nat'l Bank, Byston , .

$ 23,700

Shawmut Nat'l Bank, Boston , .
Atlas Nat'l Bank, Boston.

10 ,000

Webster Nat'l Bank, Boston, . .
Redemption Nat'l Bank, Boston , .
North America Nat'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 Nat'l Bank , Boston,
Traders' Nat'l Bank , Boston, .
Revere Nat'l Bank , Boston , .
Continental Nat'l Bank , Boston,
Suffolk Nat'l Bank, Boston,
Hide and Leather N 'I Bank, Boston ,
Republic Nat'l Bank, Boston , . .
Eliot Nat'l Bank, Boston , .

Faneuil Hall Nat'l Bank , Boston ,

11,200
1,800

39,700
17,800
2 ,000
10,800
5 ,000
5 ,000

$ 23,700 00
10.975 00
13,566 00

$ 23,700 00
10 ,000 00
11,200 00

1,950 75

1,800 00
39 ,700 00
17 ,800 00

52,007
19,713
2,800
14 ,661
7,031
6 ,437

00
50
00
00
25
50

15,700

17 ,898 00

31,700
4 ,000

33,919
5,400
9 ,922
6 ,150
26 ,668
53,165
10 ,202
17 ,556

8 ,800
5 ,000
22 ,600
49,000

11,100
15,400
18 ,100

9,700
36 ,500

29,300
17 ,400

5 ,000

00
00
00
00
00
00
50
00

21,425 87
11,349
40,150
36 ,551
20 ,706
6 ,512

00
00
75
00
50

2,000 00

10 ,800
5 ,000
5 ,000
15 ,700
31,700
4 ,000
8 ,800
5 ,000

00
00
00
00
00
00
00
00

22,600
49,000
10 ,987
15 ,400
18 , 100

00
00
50
00
00

9,700 00
36 ,500 00
29,300 00
17 ,400 00

5,000 00

256

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK — Concluded.
Estimated
Par Value.

Shoe and Leather Nat'l B ’k , Boston ,
Freeman's Nat'l Bank , Boston ,
.
Manufacturers'Nat'l Bank, Boston,.
Second Nat'l Bank , Boston , .
Third Nat'l Bank , Boston ,
.

Atlantic Nat'l Bank , Boston , .
Old Boston Nat'l Bank , Boston ,
Everett Nat'l Bank, Boston , .
Citizens' Nat'l Bank , Worcester, .
City Natl Bank, Worcester, .
Central Nat'l Bank,Worcester,
Quinsigamond Nat'l B ’k ,Worcester,
Mechanics' Nat'l Bank, Worcester, .
Worcester Nat'l Bank, Worcester, .

Market Value. Amount Invested ,

$ 35 ,700 $ 37 ,663 50
21,500 25,940 00
17,200 18 ,060 00
8,100
30,000
10,000
2 ,200
100
5 , 200

24 ,500

12,312 00
30, 375 00
15 ,050 00
2,651 00
113 00
6 , 240 00
29 ,890 00
22 ,330 00

$ 35 ,700 00
21,500 00

17 ,200 00
8 ,100 00
30 ,000 00
10 ,000 00
2 ,200 00

100 00
5 ,200 00
24 ,500 00
15 ,400 00

15 ,400
18 ,300
16 ,700

22,692 00
20,010 00

18 ,300 00

52,400

68,120 00

52,400 00

16 ,700 00

$663,600 $781,894 12 $663,487 50
RAILROAD Bonds.
Eastern Railroad, . .
Worcester and Nashua Railroad 5s, .

$ 22,500

$ 24 ,637 50

12,000

12, 180 00

Boston and Maine Railroad 78,
Boston and Albany Railroad 6s,

40,000

49,400 00

35 ,000

Old Colony Railroad 7s, .
Fitchburg Railroad 58, .

25 ,000

43,575 00
31,250 00
33,300 00

.
.

30 ,000

$ 22,500 00
12,000 00

40,000
35 ,000
25 ,000
30 ,000

00
00
00
00

$ 164,500 $ 194,342 50 $ 164,500 00

1883.]

PUBLIC DOCUMENT — No. 8.

257

PLYMOUTH FIVE CENTS SAVINGS BANK - PLYMOUTH .
Incorporated 1855. Number of corporators,67.
WILLIAM R . DREW , President.
WILLIAM W . BREWSTER, Treasurer.
STATEMENT
LIABILITIES.

Deposits , .
Earnings undivided ,
Guaranty fund ,

ASSETS.

Suspense account, .

Public funds, .

.

.

Bank stock, . .
Loans on bank stock ,
.
137 42 Railroad bonds,

.
.

$591,840 76
12,200 86
7,923 69

$ 146 ,400 00
32,500 00
700 00
20,000 00
2,900 00
13,927 52
297,752 00
34,140 00

Realestate,

Real estate by foreclosure , .
on real estate ,
Loans
Loans on personal security , .

cities, or
Loans
towns to counties,

18 ,450 00
720 12

, .
in banks on interest, :
Deposit
Expense account, . .

Cash on hand, .

44,380 32

232 77

.

.

$612,102 73

$612,102 73
Loans on Bank Stock :

.

.

.
.

.

.
. . : :

.

. . . . . .

On 7 shares Merchants' National 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, . . . .
Amount of incomereceived from the same, .
Amount of municipal tax on real estate, .
Cash on Deposit in Banks, amount in each :
Commonwealth National Bank, Boston, . .
Old Colony National Bank , Plymouth , . .

.
.

.
.

.
.

.
.

. .
Whole amount of interest or profits received or earned ,

.
.

.. .
.

Plymouth National Bank, Plymouth , .

.
.

.

$ 700 00

$ 2,900 00
3,000 00
13,927 52

.
.

.

.

13,400 00

.
.

.
.

.
.

. $ 36,665 48
,510 88
. 43,203
96

977 06
260 46

.
. $ 32,789 14

Rate and amount of each semi-annualdividend for previous , 2 per cent., s 11,032 48
year, . . . . . . . . . .
. 2 per cent., 11,171 42
Times for the dividends fixed by the by -laws: second Tuesday in January
and July .

Average annual per cent.of dividends for the term ending at timeof,and
including, last extra dividend : 64.

The total amount of loans, with each specified rate of interest: $ 27,000,
4 per cent.; $6 ,000, 4. per cent. ; $ 12,000, 5 per cent.; $ 15,050 , 54 per
cent.; $ 221,445, 6 per cent.; $ 37,690,65 per cent.; $ 31,592, 7 per cent.;
$ 265, 71 per cent.
Number of outstanding loans which are of an amountnot exceeding $ 3,000
each , . . . . . . . . . . . . . 311
Aggregate amount of the same,

.

.

.

.

.

.

.

.

. 227,792 00

Number of open accounts, . . . . . . . . 2,428
Number and amount of deposits received for previous year, . 1,190 75,022 55
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

. 60

34,192 24

258

BANK COMMISSIONERS' REPORT.

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 examinations by commissioner : November 10.

.
.
.
.
.

.
.
.
.
.

[Jan.

757 $68,706 13
241
207
. 1,912 67
. 10,000 00

PUBLIC FUNDS.
Estimated
Par Value.

United States 4 ), coup
registered
, .
ons,
"

4s,

.

.

Market Value. AmountInvested.

$ 10,000
2,000

$ 11,300 00

$ 10 ,000 00

2 ,390 00

2,000 00

14,000

15 ,615 00

14 ,000 .00

5 ,900
1,000

6 .718 00

5 ,20 00
1,000 00

10,000

10 ,775 00

State, city, and town bonds :

....

State of Maine 6s, . .
of New Hampshire 6s,
City of Lynn 6s,
of
Portland,Me., 6s,
of Cambridge 6s, .
of New London, Conn.,

.

9,000
12,000

of New Bedford 7s, .

10 ,000

of Somerville 6 ' s, .

of Manchester, N . H ., 6

5 ,060
1,500

of Springfield 6s, i
of Bangor, Me., 6s, .
of Belfast, Me.,6s, .
of Lewiston ,Me., 6s,

5 ,000
9,000
2,000
2,000
3,000

of Providerce, R . I., 5s,
.

5 ,000
3 ,000
10 ,000

Town of Northampton 6s,

10 ,000

of Lawrence 5s,
of Boston 5s, .

of Brockton 4s,
of Methuen 6s,

3,000

..

of Natick 7s, .

1,000
13 ,000

of Plymouth 6s and 7s,

1,030 00
9,510
15 ,960
13,875
5 ,-50
1,695

00
00
00
00
00

6 ,450 00
2,040 00
2,410 00

10 ,935 00
3,200
5 ,500
3,015
10 ,200
11,550
3,600
1 ,060

00
00
00
CO
00
00
00

13 ,590 00

10 ,000 00
9,000 00
12,000 00
10 ,000 00
5 ,000 00
1,500 00

5 ,10. 00
9,000 00
2 ,000 00
2 ,000 00

3 ,000 00
5 ,000
3 ,000
10 ,000
10 ,000
3,000
1,000
13, 0 )

00
00
00
00
00
00
00

$:46,400 $ 167,778 00 $146,400 00
BANK STOCK
Commonwealth Nat'l Bank, Boston ,
Atlas Nat'l Bank, Boston,
Webster Nat'l Bank , Boston , .
First Ward Nat'l Bank, Boston ,
Revere Nat'l Bank , Boston , .
Republic Nat'l Bank, Boston , .
Merchants' Nat'l Bank , Boston ,
Metropolitan Nat'l Bank , Boston ,

City Nat'l Bank, Boston , .
Commerce Nat'l Bank , Boston ,

North Nat'l Bank, Boston ,
Shoe and Leather Nat'l B ’k , Boston,

$ 5,000

$ 5 ,550 00

2,500
2,500
2 , 100
1,500

3 ,025 00
2 ,394 00

1,500
1,000
1,000
1,000
800
600

1,860 00
1,400 00
1 , 210 00
1, 190 00
952 00

500

525 00

2,700 00
1,710 00

774 00

$ 5,000
2,500
2,500
2,100
1,500
1,500

00
00
00
00
00
00

1.100 00

1,000 00
1,000 00
800 00

600 00
500 00

1883 .]

PUBLIC DOCUMENT — No. 8 .

259

BANK STOCK — Concluded .
Estimated

Third Nat'l Pank , Springfield ,
Brockton Nat'l Bank, Brockton ,
Plymouth Nat'l Bank , Plymouth , i
old Colony Nat'l Bank , Plymouth , .

Par Value.

Market Value.

$ 1,000
2,000
3 ,500

$ 1,450 00
2 ,100 00

5 ,000
$ 31,500

7 ,000 00

4 ,025 00

Amount Invested .

$ 1,000
2,000
3 ,500
6 ,000

00
00
00
00

$ 37 ,865 00

$ 32,500 00

$ 5 ,000
4 ,000
1,000
10 ,000

$ 5,800 00

$ 5 ,000. 00

4 ,400 00

4 ,000 00

1,220 00
10 ,925 00

1,000 00
10 ,000 00

$ 20,000

$ 22,345 00

$ 20 ,000 00

RAILROAD Bonds.
Old Colony Railroad Os, .

.

Cheshire Railroad 6s, .
Boston and Maine Railroad 7s,
Eastern Railroad 7s,

260

BANK COMMISSIONERS' REPORT.

[Jan .

PLYMOUTH SAVINGS BANK - PLYMOUTH .

Incorporated , 1828. Number of corporators, 50.
JOHN J. Russell, Treasurer.
WILLIAM H . Nelson, President.
STATEMENT.

LIABILITIES.

ASSETS.

82,129,993 62 Public funds, . .
Deposits,
..
135
Bank stock ,
Earnings undivided
,
60,000 00 Loans on bank stoc
bonds,
62 97 Railroad
Real estate ,

.

$ 312,695 00

Realestate by foreclosure,

427 ,541 00
8,950 00
110,000 00
7,000 00
59,647 45
588,336 00
562,345 00
146,000 00
27 , 144 12

Guaranty fund ,
Suspense account, .

.

Loans on real estate,

Loans on personalsecurity ,

to counties, cities, or
Loans
towns, .
Deposit
in banks on interest, :
Cash on hand ,

4,639 37

$ 2,254,297 94

$ 2,254 ,297 94
Loans on Bank Stock , amount on each :

On 42 shares Old Colony National Bank, Plymouth, . . . . .

$ 2,900 00

On 16 shares Plymouth National Bank, Plymouth , .
On 5 shares New England National Bank , Boston, .
On 5 shares Old Colony National Bank , Plymouth , and 5 shares Tremont

1,550 00

National Bank, Boston ,

200 00

1,000 00

.

On 13 shares Old Colony National Bank, Plymouth , and 20 shares Ply
mouth National Bank, Plymouth,

.

.

.

.

.

.

.

..

3,300 00

Invested in real estate (for banking purposes), . . . . . . $7,000 00
Estimated value of the same, . . . . . . . . . . 7,000 00
Amount of real estate held by foreclosure, . . . . . . . 59,647 45
Assessed value of the same, . . . . . . . . . . . 104,425 00
Amount of income received from the same, .

.

.

.

.

Amount of municipal tax on real estate,

.

.

.

.

.

.

. ..

7,003 09
1,728 32

Cash on Deposit in Banks,amount in each :
$ 6 ,79952 6478
2,277 85
Old Colony National Bank, Plymouth, . . . . . . . .
Commonwealth National Bank, Boston, . . . . .
. 4,713 85
$ 131,815 31
Whole amountof interest or profits received , . .
ous 24 per cent., l 51,728 13
Rate and amount of each semi-annual dividend for previ
. . . I 2 } per cent., l 52,190 17
year, . . . . . . .
Times for the dividends fixed by the by -laws: January and July .
Boston National Bank, Boston,

.

.

.

.

. .

.

Plymouth National Bank , Plymouth , .

.

.

.

.

.

.

.

.

The total amount of loans, with each specified rate of interest : $ 20,000,

4 per cent.; $25,000, 4 } per cent.; $ 230,400, 44 per cent.; $472,400, 5 per
cent. ; $ 98,850,51 per cent.; $ 351,215, 6 per cent.; $ 26 ,541,65 per cent.;
$81,225, 7 per cent.

Number ofoutstanding loans which are ofan amountnot exceeding $ 3,000
each , . . . . . . . . . . . . . 234
Aggregate amount of the same, . . . . . . . . . 243,731
Number of open accounts, .

.

.

.

.

.

.

.

6 ,326

1883.]

PUBLIC DOCUMENT — No. 8 .

Number and amount of deposits received for previousyear,

261
2,243 $ 182,299 78

.

Number and amount of depositsof and exceeding $300 at any one time
for the previous year, . . . . . . .
145
Number and amount of withdrawals, . . . . . . 2,978
Number of accounts opened the previous year, . . . . . 460
Number of accounts closed the previous year, .
. . 483
Amount of expenses of the corporation during previous year, . . . .
Amount of treasurer's bond , ·
·
Date of examination by commissioner : November 9.

74,973 00
266,279 08

6,000 00

20,000 00

PUBLIC Funds.
Estimated

Par Value.

Market Value. Ainount Invested .

State, city and town bonds:

of Rhode Island, .
City of Salem , . .
. .
of Cambridge,
Hartford
of

, Conn ., .

of Portland ,Me., .

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

State of Maine,

.

of Bangor, Me.,
of Brockton , .
Town of Plymouth , .

Franklin,

· · · · · ·

of Lyon , .

.

of West Springfield ,

$ 20,520 00

6 ,000
10 ,000
12,000
25 ,000
50 ,000
5 ,000
50,000
10,000

7,080 00
11,700 00
7 ,630 00
5 ,850 00
12,720 00
28,750 00
66,500 00
5 ,400 00
61,500 00
12,300 00

30 ,000
10 ,000

36 ,000 00
12 ,800 00

30,000 00
10 ,000 00

13,000

15 ,340
7,200
16 ,480
11,440
10 ,300
27,500

13,000
6 ,000
16 ,000
11,000
10 ,000

7 ,000
5 ,000

of Meriden , Conn., .
of New London , Conn .,
of Newburyport ,
of Holyoke,
of Fall River, . .
of Lawrence, .

of New Bedford ,

$ 18,000

6 ,000

16 ,000
11,000
10,000

25,000

00
00
00
00
00
00

$ 18 ,000
6 ,000
10 ,000
7 ,000
5 ,000
11,100
25 ,000

00
00
00
00
00
00
00

50 ,000 00

5 ,000 00
7 ,845 00

46 ,750 00

00
00
00
00

00

25 ,000 00

$319,000 $377,010 00 $ 312,695 00
BANK STOCK .
State Nat'l Bank , Boston ,.

Merchants' Nat'l Bank, Boston,
Plymouth Nat'l Bank, Plymouth , .
old Colony Nat'l Bank , Plymouth , .
Bristol County Nat'l Bank, Taunton,
Hingham Nat'l Bank , Hingham ,
Market Nat'l Bank , Boston, .

Traders' Nat'l Bank, Boston , . .
City Nat'l Bank , Boston, .
Suffolk Nat'l Bank, Boston, .
North Nat'l Bank, Boston,
Massachusetts Nat'l Bank , Boston,
Second Nat'l Bank , Boston, .

Tremont Nat'l Bank, Boston, .

$ 13,000
22 ,500
18,400
26 , 200
17, 100
4 ,200
12,800
8,000
8 ,400
6 ,200
900
8 ,500
27 ,000

$ 15 ,990 00
30 ,500 00
19,488 00
36 ,680 00
24,795 00
4 ,200 00
12,800 00
7 ,360 00
9 ,912 00
7, 316 00
1,161 00
9,520 00
40 ,500 00

19 ,500

22,230 00

$ 13,000
22,500
18 ,400
26 ,200
17 ,100
4 ,200
10 ,240

CO
00
00
00
00
00
00

6 ,000
8 ,400
6 ,200
900

00
00
00
00

8 ,500 00
27 ,000 00
17 ,745 00

262

BANK COMMISSIONERS' REPORT.

(Jan.

BANK STOCK — Concluded.
Par Value.

Atlantic Nat'l Bank , Boston, .
Eagle Nat'l Bank, Boston , .

$ 1,100

Old Boston Nat'l Bank , Boston ,

New England Nat'l Bank, Boston, .

Boylston Nat'l Bank, Boston, .
Exchange Nat'l Bank, Boston ,.

.

Abington Nat'l Bank , Abington,
Commerce Nat'l Bank , Boston ,

North America Nat'l Bank, Boston ,
Railroad Nat'l Bank, Lowell, .
Globe Nat'l Bank , Boston ,

.

Freeman 's Nat'l Bank, Boston ,

Shawmut Nat'l Bank , Boston, .
Union Nat'l Bank, Boston,
Atlas Nat'l Bank, Boston ,
Hamilton Nat'l Bank, Boston , .
Boston Nat'l Bank, Boston, .
Webster Nat'l Bank , Boston, . .

Blackstone Nat'l Bank , Boston ,

Columbian Nat'l Bank, Boston,
Howard Nat'l Bank, Boston, .
Revere Nat'l Bank , Boston,

..

Republic Nat'l Bank, Boston , .
Commonwealth Nat'l Bank, Boston ,
Third Nat'l Bank , Springfield ,
Manufacturers' Nat'l Bank , Boston ,
First Ward Nat' l Bank, Boston ,

Home Nat'l Bank , Brockton, .
Brockton Nat'l Bank, Brockton, il

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 ,000
6 ,000

Estimated
Market
Value. AmountInvested .

$ 6 , 150
8 ,960
6 ,540
11,524
8 ,260

00
00
00
00
00

13 ,780
1,875
12 ,852
13 ,200

00
00
00
90

12 ,:00 00
3, 103 00
3,248 00
10,230 00
14 ,000 00
28,314 00
6 ,148 00
16 ,402 00
12 ,096 00
5 ,184 00
5 ,460 00
6 ,588 00
13,680 00
23,312 00
11,100 00
14 ,500 00
10 ,500 00
11,400 00
10 ,000 50
6 ,000 00

$ 4 ,100 00

8 ,000 00

5 ,450 00
8 ,600 00
7,000 00
10 ,600 00
1,500 00
9 ,180 00
10 ,800 00
11,000 00
2 ,494 00

2,380 00
8, 950
10 ,000
23 ,400
5 ,300
12,788
10,080

00
00
00
00
00
00

3,712 00
4 ,200 00
5 ,022 00

10 ,800
18 ,800
8,500
10 ,000
6 ,500
7 ,000
9 ,000
6 ,000

00
00
00
00
00
00
00
00

$451,750 $548,958 00 $427,541 00
RAILROAD BONDS.
Old Colony Railroad , .
Eastern Railroad , , ,
Boston and Albany Railroad, .

Salem and Lowell Railroad,
Boston and Maine Railroad, . .

$ 20 ,000
10 ,500
50,000
25 ,000
10 ,000

$ 23.200
11,445
62,000
27 ,750
12,300

00
00
00
00
00

$ 20,000 00
5 ,000 00
50 ,000 00

25,000 00
10,000 00

$ 115,500 $136,695 00 $ 110 ,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

263

PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWN OF BOSTON BOSTON .
Incorporated 1816. Number of corporators, 125.
CHARLES J. MORRILL, Treasurer .
JAMES S . Amory, President.
STATEMENT.
LIABILITIES.

Deposits, .

ASSETS .

, • $ 24 ,163,613 42 Public funds, .
Loans
on public .funds, .
Bank stock ,

Earnings undivided,: i $24,4633
247, 204 35
Guara
fund,
.
00
270,000
nty
Suspense, ·
12, 160 62
·
Estates in suspense,.
4,424 43

$ 3,700,000 00
133,000
1,134,625
12,500
1,081,000
360,000
80,000
114 ,470
6 ,522,582

Loans on bank s
Loans to railroads
Real estate ,

Railroad bonds, .

Real estate by foreclosure,
Loans on real estate, . .
Loans on personalsecurity ,

00
00
00
00
00
00
30
00

.

8 ,273,812 00

Loans
to counties,
cities, or
towns, .
.
Deposit
banks
on
in
interest,
.
Expense account,

1,322,800 00
2,213,567 41
13 ,759 35

.

32,286 76

Cash on hand , .

$ 21,997,402 82

$ 24,997,402 82

Loans on Public Funds, amount on each :

On $ 100,000 District of Columbia 3.65s, . . . .

. . .

On $ 33,000 United States 4s, . . . .
Loans on Bank Stock , amount on each :

.

.

33,000 00

On 75 shares Tremont National, and 50 shares Old Boston National, .

.

$ 8,000 00

. .

4,500 00

.

.

.

.

..

·

· · · ·

. . . .

Tremont National Bank, Boston, . . . .
Webster National Bank , Boston, .
Merchandise National Bank, Boston,
on , . . . .
Boston National Bank , Boston , . .

.

. . .

.
. .

Ainount of income received from the same, . .
Amount of municipal tax on real estate,.
Cash on Deposit in Banks, amount in each :
Merchants' National Bank , Boston , .
Exchange National Bank , Boston,
. . .

.
. .

Amountof real estate held by foreclosure, .
Assessed value of the same, . . . . . .

.

. . . . . . .

Estimated value of the same, .

. . .
· ·

Invested in real estate (for banking purposes), .

.

· ·
· · · ·

. .

.

$ 100,000 00

.

On 52 sbares Fourth National of Boston ,

.

. $ 80,000 00
217,900 00
114,470 30
. 129,200 00
6 ,069 20
5 ,241 21

.
.

. $ 760,234 08
. 827,389 72
204,577 53
10,598 59

·

· ·
· · ·

. .

. . . . 150,333
125,448 1934
100,000 00
Continental National Bank, Boston ,
Suffolk National Bank, Boston , . . . . . . . . . 14,474 63
Third National Bank , Boston, .
. . 20,511 33
Whole amount of interest or profits received , . . . . . $ 1,122,958 61
Rate and amount of each semi-annual dividend for previous | 11 per cent., 342,237 00
year, . . . . . . . . . . Sid per cent., l 345,319 99
Times for the dividends, fixed by the by -laws: third Wednesday in Jan
tary and July .
Average annnal per cent. of dividends for the term ending at timeof, and
including , last extra dividend : 4 .
The total amount of loans, with each specified rate of interest: $ 2,100,000

3 per cent.; $ 4,830,000, 4 per cent.; $ 275,000,45 per cent.; $ 942,000, 43

264

BANK COMMISSIONERS' REPORT.

[Jan .

per cent.; $5,571,450,45 per cent.; $210,000,44 per cent.; $5, 162,012,5 per
cent.; $ 175,000,53 per cent ; $417,500, 54 per cent.; $ 11,000,54 per cent.;
Number of outstanding loans which are of an amount not exceeding $3,000
each, ·
· 49
Aggregate amount of the same, . . . . . . . . . $ 111,990 00
Number of open accounts, . . . . . . . . 63,887
Number and amount of deposits received for previous year, . 61,837 5,128,259 29
Number and amount of deposits of and excecding $ 300 at any one time
$ 1,521,157, 6 per cent ; $ 193,575 , 7 per cent.

for the previous year, . . . .
Number and amount of withdrawals, .

.
.

.
.

.
.

.
.

.
3 ,095 1,647,674 00
. 45,395 4,610 127 24

Number of accounts opened the previous year, .
Number of accounts closed the previous year, . . . .
Amountof expenses of the corporation during previous year,. .

10,863

Amount of treasurer's bond, . . . . . .
Date of examination by commissioner : December 18.

.

.

.

8,472
. . 41,935 81
.

20,000 00

Public FUNDS.
Estimated

Par Value.

Market Value. AmountInvested.

United States 3s, registered, .

$ 2,100 ,000 $ 2,149,875 00 $ 2,100,000 00

.

. ' 300,000
358 ,500 00 300,000 00
. | 1,300,000 | 1,469,000 00 1,300,000 00

4s,

"

" 44s

"

$ 3,700,000 $3,977,375 00 $3,700,000 00
BANK STOCK
Atlantic Nat'l Bank, Boston, .

Atlas Nat'l Bank , Boston ,
Old Boston Nat'l Bank , Boston ,
Columbian Nat'l Bank , Boston ,
Continental Nat'l Bank , Boston ,

City Nat'l Bank, Boston , . .
Eagle Nat'l Bank , Boston, .
Globe Nat'l Bank, Boston, .
Hamilton Nat'l Bank , Boston, ..
Hide and Leather Nat'l B ’k , Boston ,
Massachusetts Nat'l Bank, Boston , .
Market Nat'l Bank , Boston , .
Merchants' Nat'l Bank , Boston ,

New England Nat'l Bank, Boston, .
North Nat'l Bank, Boston ,
Revere Nat'l Bank , Boston , .
Second Nat'l Bank , Boston, .
State Nat'l Bank, Boston,
Suffolk Nat'l Bank , Boston ,

.

Shoe and Leather Nat'l B ’k , Boston ,
Traders' Nat'l Bank , Boston, .
Tremont Nat'l Bank , Boston , . .
Union Nat'l Bank, Boston, .
Webster Nat'l Bank , Boston , . .
Washington Nat'l Bank, Boston,

$ 21,500
67,500
35,000
42,800
66 ,800
31,500
45,000
31,500
33 ,700
22,500
22,500
54 , 300
90 ,400

23,900
33,200
64,000
48,200
45 ,000
50,000
3,000
90,000
31,200
100,000
43,000

38,500

$ 32,357 50
81,759 38
42, 175 00
55,610 00

79,074 50
37 ,485 00
50,962 50
33,705 00
39,260 50
25 ,087 50
25 ,200 00
54,028 50
126 ,673 00
32,115 62
55,953 75
37,848 00
97,280 00
59,647 50
53,550 00

52,750
2,782
102,600
43,992
109,000

00
50
00
00
00

52,263 75

$ 21,500 00
67,500 00
35 ,000 00
42,800 00
66 ,800 00
31,500 00
45 ,000 00

31,500 00
33,700 00

22,500
22,500
54,300
90 ,100

00
00
00
00

23,900 00
43,000 00
33, 200 00

64,000 00

48 ,200
45,000
50 ,000
2 ,625
90 .000
31,200
100,000

00
00
00
00
00
00
00

38,500 00

$ 1,135,000 $ 1,383,19150 $1,134,625 00

1883.]

PUBLIC DOCUMENT — No. 8 .

265

RAILROAD BONDS.
Estimated

Par Value.

Old Colony Railroad 6s, . .
.
Boston and Albany Railroad 6s,
Fitchburg Railroad 5s, . .

Eastern Railroad 6s,.

Market Value. AmountInvested.

$ 250 ,000 $292,500 00
265 ,000
. 100 ,000 117 ,000 00
500 ,000 555,000 00

$ 250 ,000
234,000
100 ,000
500,000

00
00
00
00

$1,115,000 $1,253,350 00 $1,084,000 00

266

BANK COMMISSIONERS' REPORT.

[Jan.

PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWNS OF
SALISBURY AND AMESBURY - SALISBURY.

Incorporated 1828. Number of corporators, 16.
ALFRED C . WEBSTER, Treasurer.
S. WOODMAN, President.
STATEMENT.

LIABILITIES,

ASSETS.

$ 1,343,921 35

Deposits , .

Earnings
undivided,
Guaranty fund,

Public funds,

$ 401,500 00
13,300 00

Loans
on public funds,
Bank stock ,

48,698 21

41,943 57

146 ,325
500
51,500
2 ,500
5 ,659

Loans
on bank stock ,
Railroad bong
Real estate,

.

Real estate by foreclosure, .
Loans on real estate,. .
Loans on personal security,
Loans
to counties,
cities, or
towns, .
.
.

169,700 00
185 ,000 00

in banks on interest, .
Deposit
Expense account, .
Cash on hand

00

00
00
00
55
210 , 300 00

239,601 37
1,700 02

6 ,977 19

,

$ 1,434,563 13

$ 1,434,563 13
Loans on Public Funds, amount on each: -

. .
. .

$ 8,500 00
4,000 00
800 00

.

$ 500 00

.

$ 2,500 00
5 ,000 00
5,659 55
3,100 00

.

275 00

.

60 48

On $ 4,000 Town of Amesbury bonds, . .
On $ 1,000 Town of Salisbury note, . .

.

. .
. .

.

.

On $ 8,500 United States 4s, . . . .

Assessed value of the same, . . .
Amount of income received from the same, .

Amount of municipal tax on real estate,

.

.
.
.
.

.

. . . .

. .. ... .

On 5 shares Powow River National Bank, Salisbury, .
Invested in real estate (for banking purposes), . .
. .. . . . .
Estimated value of the same,
Amount of real estate heldume,by .foreclosure,
.

. . . . . . .

Loans on Bank Stock :

Cash on Deposit in Banks, amount in each :

Powow River National Bank , Salisbury, . . . . .
. $ 183,613 41
Blackstone NationalBank, Boston , . . .
. . . 55 ,987 96
Whole amount of interest or profits received or earned , . . . . $81,173 82
Rate and amount of each semi-annual dividend for previous 1 2 per cent., 25,559 35
. . . . . . . .
year, .
J2 per cent., l 25 ,975 37
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 : 6 % .
The total amount of loans, with cach specified rate of interest : $ 100 ,000,
4 . per cent.; $ 4,000, 43 per cent ; $ 88,500, 5 per cent ; $ 3,000, 5d per
cent.; $ 216,900, 6 per cent. ; $ 13,600, 6 . per cent. ; $ 149,000, 7 per cent.;

$ 3,800, 74 per cent.
Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each ,

.

.

.

.

.

.

.

.

.

.

.

.

. 240

1883. ]

PUBLIC DOCUMENT — No. 8.

Aggregate amount of the same,

.

.

.

.

267
.

. $213, 200 00

Number of open accounts, . . . . . . . . 4,141
2,634 181,726 31
Number and amount of deposits received for previous year,
Number and amount of deposits of and exceeding $300 at any one time
135
6 3, 760 00
for the previous year, . . .. . . . . . .
Number and amount of withdrawals, . . . . . . 1,875 178,054 79
Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.

539
310

Amount of expenses of the corporation during previous year, . .
Amount of treasurer's bond , . . . . . . . . .
Date of examination by commissioner : August 16.

.
.

2,877 28

20,000 00

Public FUNDS.
Estimated

Par Value.

United States 6s, currency, ' .

Market Value.

Amount Invested .

. $ 20,000 $ 25,600 00

$20,000 00

State , city , and town bonds :

State of Main
New Hampshire,
of
e,
of Rhode Island.

10 ,000

10 ,500 00

21,000

23,000 00

City of Augusta ,Me, .
of Lewiston ,Me., .
of Springfield , .
of Portsmouth , N . H .,

10 ,000
10 ,000
10 ,000

of Holyoke,

.

8 ,000

5 ,000

5 ,000

.

of Bangor, Me.,
of Lawrence, .

45 ,000
5 ,000
30 ,000
40 ,000
40 ,000
17 ,000
54,000
27 ,000
4,000
30 ,000
10,500

of Fall River, . .
of Somerville, . .
of Portland, Me.,

of
Manchester, N . H .,
of Chelsea , .
of Cambridge , .

.

of Dover, N .H .,
of Charlestown,

..
.

Town of Amesbury , .

8,600
10 ,600
10 ,000
12,000
5 ,600
6 ,000
50 ,000
5 ,500
32,500

(0
00
00
00
00
00
00
00
00

41,600 00
45 ,000 00

10,000
21,000
8,000
10 ,000

00
00
00
00

10 ,000
10 ,000
5 ,000
5 ,000
45 ,000

00
00
00
00
00

5 ,000
40 ,000
40 ,000
17 ,000

00
00
00
00

30 ,000 00

60 .000 00

19,000 00
29 ,900 00
4,200 00

54,000 00
27 ,000 00

33,500 00

30 ,000 00

10,500 00

10,500 00

4 ,000 00

$ 101,500 $ 443,600 00 $ 101,500 00
BANK STOCK .
First Ward Nat'l Bank, Boston ,

$5 ,000

Shawmut Nat'l Bank , Boston , .
Second Nat'l Bank , Boston, .

4 ,900

State Nat'l Bank, Boston,
Tremont Nat'l Bank , Boston , .
Commonwealth Nat'l Bank , Boston ,
Columbian Nat'l Bank , Boston ,
Exchange Nat'l Bank , Boston ,
Atlas Nat'l Bank, Boston ,

Globe Nat'l Bank , Boston ,

Redemption Nat'l Bank , Boston,

1 ,800
3 ,500
4 ,900
5 ,000

3,500
5 ,000
7.500
2,500
5 ,000

$ 5,700 00
5 ,341 00
2,736 00
4 ,200 00
5 ,586 00
5 ,550 00
4 ,550 00
6 ,500 00
9,075 00
2,675 00
6 ,550 00

$5 ,000 00
4 ,900 00
1,800 00
3 ,500 00
4 ,900 00

5 ,000 00
3,500
5 ,000
7 ,500
2,500

00
00
00
00

5 ,000 00

268

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK - Concluded.
Estimated

Hide and Leather Nat'l B ’k , Boston ,
Howard Nat'l Bank , Boston, .
Eagle Nat'l Bank, Boston,
Suffolk Nat'l Bank , Boston ,

.

Merchants' Nat'l Bank, Boston,
Commerce Nat'l Bank, Boston,
Atlantic Nat'l Bank , Boston , .

New England Nat'l Bank , Boston, .
Traders' Nat'l Bank , Boston , . .
City Nat'l Bank , Boston , .

Republic Nat'l Bank, Boston , .

Shoe and Leather Nat'l B ’k , Boston ,
Maverick Nat'l Bank , Boston , .
Eliot Nat'l Bank , Boston , .
First Nat'l Bank, Boston , .
Boylstou Nat'l Bank, Boston , .
Revere Nat'l Bank, Boston , .
Blackstone Nat'l Bank , Boston ,

Par Value.

Market Value.

Amount Invested .

$ 7,500

$ 8, 250 00

$ 7,500 00

4 ,000
3,500
5,700
3,500
3,000
2 ,200
1,500
8 ,000

4,880 00

4,000 00
3,500 00
5 ,700 00

1 ,800
1 ,000
2 ,500

3 ,920 00

6 ,726 00

3,500 00

4 ,900
3,570
3 , 300
2 ,025
10 ,000
1,620
1, 180

00
00
00
00
00
00
00

3,000 00
1,500 00
8,000 00
1 ,800 00
1,000 00

2,625
4 ,320
4 ,500
4 ,998

00
00
00
00

3 ,030
4 , 130
8 ,550
6 ,480

00
00
00
00

2,500
4 ,000
2,000
4 ,200
1,500

2,200 00

00
00
00
00
00

Webster Nat'l Bank , Boston , .

4,000

Old Boston Nat'l Bank, Boston,

4,200
1,500
3,500
7,500
6 ,000
2, 150

Faneuil Hall Nat'l Bank , Bostop ,

2 ,600

3 ,380 00

2,150 00
2 ,600 00

Union Nat'l Bank, Boston, . ..
Bay State Nat'l Bank , Lawrence, .
Railroad Nat'l Bank, Lowell, . .

2,500
3,375
4,200
5 ,000
5 ,000

3,500 00
4 ,000 00
4,500 00

2,500 00
4 ,200 00

Powow River Nat'l Bank, Salisbury,
Georgetown Nat'l B k, Georgetown,

2 ,000

2,580 00

3,500 00

7,500 00
6 ,000 00
3,375 00

8 ,000 00

5 ,000 00

5 ,000 00

5,000 00

$ 146,325 $ 178,427 00 $ 146,325 00
RAILROAD Bonds.
Eastern Railroad 6s,. .
$ 12,000
Boston and Albany Railroad 78, .
10 ,000
5 ,000
Boston and Maine Railroad 7s,
West Amesbury Branch Railroad 7s, 1
5 ,000

$ 15 ,780 00
12,300 00

$ 31,500 00
10,000 00

5,500 00

5,000 00
5,000 00

$62,000 $69,730 00

$51,500.00

6 ,150 00

PUBLIC DOCUMENT — No. 8.

1883. 7

269

QUINCY SAVINGS BANK – QUINCY.
Incorporated 1845. Number of corporators, 47 .
CHARLES MARSH , President.
George L. GILL, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS.

$ 1,041,713 97 | Public funds, . .
Deposits, . .
Earnings undivided,
4 ,139 46 | Bank stock , . .
20,500 00 Loans on bank stock ,
Guaranty fund, .

$55,500 00
111,691 99
8, 100 00
80 ,000 00
147,567 93
469,754 03
142,050 00
10 ,000 00
18,465 15
· 203 31
18,075 00
104 73
5 ,141 29

Railroad bonds,

Real estate by foreclosure, .
.
Loans on personal security , .
Loans
to counties, cities, or
towns, .
Loans on realestate, .

Deposit
in bank on interest,
Expense account,
Premium account.

Taxes , etc .,
Cash on hand

$ 1,066,653 43

$ 1,066 ,653 43
Loans on Bank Stock , amount on each :

On 50 shares Merchants' National Bank , Boston , . .

. . .

. $ 5,000 00

On 47 shares Mount Wollaston National Bank , Quincy,

.

. .

.

Amount of realestate held by foreclosure,
Assessed value of the same, . . .
Amount of incomereceived from the same,
Amount of municipal tax on real estate,

.
.
.
.

. . . $ 147,567 93
. . . 129,350 00
. . . 7,500 00
. . . 1,984 02

.
.
.
.

.
.
.
.

.
.
.
.

3, 100 00

Cash on Deposit in Bank :

Granite NationalBank , Quincy, . . . . . . . . . $ 18,465 15
Whole amountof interest or profits received or earned, . . . . $ 47,313 12
Rate and amount of each semi-annual dividend for previous / 14 per cent., S 15,049 39
. . . .
) 2 per cent., ? 19,910 92
year, . . . . .
October.
Average annual per cent. of dividends for the term ending at time of,and
including, last extra dividend : 7 .
The total amount of loans, with each specified rate of interest : $62,000 ,
4 per cent.; $ 15,000, 44 per cent.; $ 144,000, 5 per cent.; $ 17,000, 5 ) per

Times for the dividends fixed by the by -laws: first Tuesday in April and

cent.; $ 269,334,6 per cent.; $ 5,000,64 per cent.; $ 101,570.03, 7 per cent.;
$5,900 710 per cent.; $ 9,600, 7 ), per cent.
Number of outstanding loanswhich are ofan amountnot exceeding $ 3,000
each,

.

.

.

.

. 197

Aggregate amount of the same, . . . . . .
Number of open accounts , . . . . . . .
Number and amount of deposits received for previous year,

.
.

.

.

.

.

.

.

.

.

. 271,204 03
3,872
2 ,909 203,029 44

Number and amountof deposits of and exceeding $ 300 at any one time
.

. 14978,826 00

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,

for the previous year, .

.

.

.
.
.
.

. 488

Amount of treasurer's bond, .

.

.

.

.

.

.

.

Date of examination by commissioner : May 3.

.

.

.

.

.

.

2,447
. 306
. .
.

222 . 7

1

2,973 15
22,000 00

270

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC FUNDS.
Estimated
Par Value.

City and town bonds:
City of Lawrence 6s,

of Providence, R . I.,5s, .
of Somerville 5s,

.

.

Town of Pawtucket, R . I.,5s, .

Market Value.

$5,000

$ 5 ,500 00

5 ,000
40.500
5 ,000

5 ,900 00
45 ,360 00
5 ,500 00

Amount Invested .

$55,500 $62,260 00

$ 5 ,000
5 ,000
40 ,500
5 ,000

00
00
00
00

$55,500 00

BANK STOCK.
Washington Nat'l Bank , Boston,
Hide and Leather Nat'l B 'k , Boston ,
Eliot Nat'l Bank, Boston,
Exchange 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 Bank , Boston , .
.

North Nat'l Bank, Boston, .
Traders' Nat'l Bank, Boston, . .
North America Nat'l Bank , Boston, .
Republic Nat'l Bank, Boston, .
Manufacturers' Nat'l·Bank, Boston, .
Revere Nat'l Bank , Boston ,

.

City Nat'l Bank , Boston , .

.

.

Tremont Nat'l Bank, Boston, .
Shoe and Leather Nat'l B ’k , Boston,
Granite Nat'l Bank, Quincy , .

Mt.Wollaston Nat'l Bank,Quincy, ·

$ 800
1,700
2,000
2,000
3,300
6 ,200
2,500
2,600
3,000

$ 1,080 00
1,665 00
2 ,023 00

1 ,500 00
1 ,706 20

2 ,600 00
2 ,180 00

2,475 33
2 ,000 00
3 ,338 08

3,500

3,220 00
7 ,437 00

1,500

6,700
7,500

3,894 00
7 ,502 00
3,500 00
3 ,198 00
3 ,900 00

$ 814 00

6 ,909 25

2,657 50
2 ,800
3 ,450
3,555
6 ,925

00
00
00
00

9 .300 00

9 ,600 00

26 ,250 00
2,052 00

25 ,655 00

2, 261 00
8 ,436 00
7,400
3,570 00
3 ,400
10 ,600 | 13,780 00
10 ,000 13,000 00

2 ,244 00

25 ,000
1,800
1,900

1,991 75
8 ,468 50

3,587 00
11,385 38
10 ,600 00

$ 103,400 $120,818 00 $111,691 99
RAILROAD BONDS.
Salem and Lowell Railroad 6s,
Boston , Clinton, Fitchburg,and New
Bedford Railroad * 5s, .

Old Colony Railroad 7s, .

$ 10 ,000 $ 11,500 00

$ 10 ,000 00

52,500 00

50 ,000 00
20,000 00
$80,000 00

50,000
20,000
$ 80,000

25,000 00
$89,000 00

* These bonds have been disposed of since the date of this return.

PUBLIC DOCUMENT — No. 8 .

1883. ]

271

RANDOLPH SAVINGS BANK – RANDOLPH .
Incorporated 1851. Number of corporators, 61.
SETH TURNER , Treasurer.
STATEMENT.

J. WHITE BELCHER , President.

ASSETS.

LIABILITIES.

Deposit
s, .
Earnings undivided ,
Guaranty fund,

$ 748,7 ,426
636 7560 ! Bank
Publicstock
funds,
. .
,
21,719 76 Railroad bonds,
Loans on railroad stock ,

$ 122,000 00
252,100 00
107,500 00
500 00
15 ,319 46
139,810 00
106,450 00

.

Real estate by foreclosure,

Loans on real estate, .

.

Loans on personal security, .
Loans
to counties,
cities,. or.
towns, .
.
.

20,000 00
0,676 49
5 ,200 00
2,957 16

Deposit in bank on interest, .
Central Nat'l Bank assessment,
Cash on hand, .

$ 777,813 11

$777,813 11
Loans on Railroad Stock :

On 5 shares Old Colony Railroad , . . . . . . . . . $500 00
Amount of realestate held by foreclosure, . . . . . . . $ 15,319 46
Assessed value of the same, . . . . . . .
. . 15,800
00
488 70

Amount of income received from the same, .

Amount of municipal tax on real estate,

.

: .

.

.

.

.

.

. . . .

150 52

Cash on Deposit in Bank :

Randolph National Bank, Randolph , . . .

. .

. .

. $ 5,676 49

Whole amount of interest or profits received or earned ,
. . . $ 42,520 30
Rate and amount of each semi-annual dividend for previous 1 2 per cent., 13,968 93
year, . . . . . . . . . . . 2 per cent., 1 14,338 30
Times for the dividends fixed by the by-laws: April and October.
Average annual per cent. of dividend for the term ending at time of, and

including, last extra dividend : 64.

The total amount of loans, with each specified rate of interest: $ 15,000,
4 per cent.; $ 25,000, 1.1 per cent.; $ 20,000, 42 per cent.; $ 25,500, 5 per
cent. ; $ 19,500 , 5 per cent.; $69,020, 6 per cent.; $ 18,550, 64 per cent. ;
$ 31,200, 7 per cent.; $ 110, 710 per cent.; $ 9,200, 7. per cent.; $ 3,350, 8
per cent.

Number ofoutstanding loans which areofan amountnot exceeding $3,000
each, . . . . . . . . . . . . . 69
Aggregatc amount of the same, . . . . . . . . . 73,260 00
Amount of investments from which no income is received , . . . . 12,900 00
Number of open accounts, . . . . . . . . 2,182
Number and amount of deposits received for previous year, . 1,071 131,163 38
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 77 41,359 41

Number and amount of withdrawals, . . . . .
Number of accounts opened the previousyear, . . .
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 : October 27.

.
.
.
.
.

.
.
.
.
.

785 96 ,847 74
275
189
. 1,602 01
. 15,000 00

272

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.
Estimated

Market Value.

Amount Invested .

$65,000 $73,578 00

$65,000 00

Par Value.

United States bonds,

.

.

of Lynn , .

.

1,000
10,000

.
.
.

1,010 00
10,700 00

1,000 00
10,000 00

20 ,250 00

15,000 00

16 ,000

11,150 00
18 ,880 00

5 ,000

5 ,000 00

10 ,000 00
16 ,000 00
5 ,000 00

15 ,000
10 ,000

. . .

City of Portland ,Me.,
of
Springfield ,
of Brockton , .
of Lawrence , .

· · ·

State and city bonds:
State of New lampshire,

$ 122,000 $140,598 00 $ 122,000 00
BANK STOCK .
Atlas Nat'l Bank, Boston,
Atlantic Nat'l Bank , Boston, .
Boston Nat'l Bank , Boston , .
Blackstone Nat'l Bank, Boston ,

$ 5 ,000

$6 ,068 75

9,700
5 ,000

14 ,598 50

Blue Hill Nat'l Bank , Milton , .

1,600
5 ,200

9,700

Central Nat'l Bank, Boston , .
City Nat'l Bank, Boston , . .
Commerce Nat'l Bank, Boston ,

5 ,000
6 ,600

Commonwealth Nat'l Bank, Boston ,
Continental Nat'l Bank , Boston,
Eagle Nat'l Bank, Boston, .
Eliot Nat'l Bink , 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 Bank, Boston ,
Howard Nat'l Bank , Boston, . .

Manufacturers' Nat'l Bank, Boston , .
Market Nat'l Bank, Boston, .
Merchants' Nat'l Bank, Boston, .
Merchandise Nat'l Bank , Boston , .
Metropolitan Nat'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 ,
Revere Nat'l Bank , Boston,

.

.

Shawmut Nat'l Bank , Boston , .
Shoe and Leather N 'l Bank, Boston ,
State Nat'l Bank, Boston,
Third Nat'l Bank , Boston ,
Traders' Nat'l Bank, Boston, .
Tremont Nat'l Bank , Boston, .
Union Nat'l Bank , Boston,

Webster Nat'l Bank, Boston , .

6 ,300

5 ,000
5,000
2,000
10 ,300
2,700
2,500

5 ,925 00
10 ,519 50
1,852 00
3 ,861 00
5 ,950 00

7,870 00
6 ,993
5 ,918
5 ,637
2, 380
11,639

00
75
50
00
00

3,523 50

5,000

2,900 00
5 ,900 00

10 ,000

11,000 00

4 ,600

4,712 00
4,200 00
7 ,500 00
21,112 50

4 ,000

7 ,500
15 ,000
2,100

500
5 ,000

7,000

5,000
15 ,000

3,700
3,000
10,500
4,600
5 ,000
2,500

5 ,000
2 ,500
1,000

2 ,400
606
6 ,750
9,212

00
00
00
50

5,537 50
19,650 00
4 ,218 00

3,292 50
5 ,658 00
5 ,062 50

11,075 50

2 ,681 25
5 ,700 00

3,500 00
1,085 00

$ 5,000 00
12,562 50
5 ,000 00
12 ,000 00
1 ,600 00

5 , 200 00

5 . 365 00
8 ,060 12
6 , 569 75
5, 000 00
5 , 336 38
2,000 00

11,604 75
4 ,064 00
3,316 00
6 , 762 50
10 , 269 88
4,993 75
4,000 00
7 ,500 00
19,962 62
2, 400 00
500 00

6,300 00
8,034 13
5 ,000 00
19,888 00
4 ,700 00
3, 245 25
10,500 00
4 ,876 00
5 ,000 00
2 ,500 00
5 , 000 00
3 ,681 25

1 ,000 00

1883 .]

273

PUBLIC DOCUMENT - No. 8 .
BANK STOCK — Concluded.
Estimated

Par Value.
Central Nat'l Bank, Lynn, .
. .
Home Nat'l Bank, Brockton , .
Taunton Nat'l Bank, Taunton,
Union Nat'l Bank, Weymouth ,

$ 9,700
3 ,500
5 ,000

City Nat'l Bank , Lynn ,

2,500

Market Value. Amount Invested.

$ 14 ,600
5 ,900
5 ,900
4,000

00
00
00

00

1, 300

1,500 00
$222,400 $ 268 ,389 75

$ 9,700
5 ,078
5 ,000
2,500

00
12
00
00

1 ,300 00

$ 252,400 00

RAILROAD Bonds.
Old Colony Railroad, . .
Eastern Railroad , i
Boston and Maine Railroad, .

$60,000
37,500

.

10,000

$ 70 ,200 00
41,062 00
12 ,325 00

$60,000 00
37,500 00
10,000 00

$ 107,500 $123,587 00 $107,500 00

274

BANK COMMISSIONERS' REPORT.

[ Jan.

ROCKLAND SAVINGS BANK - ROCKLAND.
Incorporated 1868. Number of corporators,45.
RICHMOND J. LANE, President.
E . R . STUDLEY, Treasurer .
STATEMENT.

LIABILITIES .

ASSETS .

Deposits, . .
Earnings undivided,

Guaranty fund,

$ 397 ,081 76 || Public funds, .
2,824 14 Il Bank stock ,
6 ,000 00 Loans on banks
Railroad bonds,

.

$ 27, 287 50

.

81, 176 05
300 00
22,000 00
1.800 00
227, 372 62
33,923 12
9,250 81
469 88
457 63

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

.

1,868 29

$ 105,905 90

$ 105,905 90
Loans on Bank Stock :

On 5sharesGranite NationalBank,Quincy, . . . . . . $300 00
Amountof real estate held by foreclosure, . . . . . . . $1,800 00
Assessed value of the same, . . . . . . . . . . 1, 325 00
Amount of incomereceived from the same, . . . . . . .
12516 6000

Amount of municipal tax on real estate,
Cash on Deposit in Bank :
Abington National Bank ,

.

. .

.

.

.

$ 9,250 81

Whole amount of interest or profits received or earned , . . . . $ 22,508 55
Rate and amount of each semi-annual dividend for previous 2 per cent., S 7,089 73
year, . .

.

.

. . .

. .

.

.

. s 2 per cent.,?

7,377 28

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 : 717 .
The totalamount of loans,with each specified rate of interest: $ 20,000, 5
per cent. ; $ 237 ,195 , 6 per cent.; $ 1,400 , 7 per cent.
Number of outstanding loans which are of an amountnot exceeding $ 3,000
each , . . . . . . . . . . . . . 284
Aggregate amount of the same, . . . . . . . . . 193,095 00
Amount of investments from which no incomeis received, . . . 5,100 00

Number of open accounts, . . . . . . . . 1,480
Number and amount of deposits received for previous year, , 1,090 107,038 00
Number and amount of deposits of and exceeding $300 at any one time
81
for the previous year, . . . . . . . . .
38,851 00
821
Number and amount of withdrawals, . . . . . .
77,791 00
Number of accounts opened the previous year, . . . ,
311
Number of accounts closed the previous year, . . . .
166
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . . . . .
Date of examination by commissioner : Aug. 23.

.

.

.

.

1,000 00
10 ,000 00

1883.]

PUBLIC DOCUMENT — No. 8.

275

PUBLIC FUNDS.
Estimated
Par Value.

City bonds:
City of Bangor, Me.,
of Bangor, Me., water bonds, ,
of Fall River water bonds,
of Middletown, Ct., water bonds,

Market Value. Amount Invested.

$ 3,510
18, 150
5 ,000
3,600

00
00
00
00

$ 3,000 00

$ 25,000 $30,260 00

$ 27,287 50

$ 3,000
15 ,000
4 ,000
3 ,000

17 ,287 50
4 ,000 00
3,000 00

BANK STOCK
Atlantic Nat'l Bank , Boston , .
Continental Nat'l Bank , Boston ,
Eliot Nat'l Bank , Boston, .
Everett Nat'l Bank , Boston, .
Freeman's Nat'l Bank , Boston ,
Manufacturers' Nat'l Bank, Boston,.

$ 1,000
6 ,700
1.000
1,500
2,500
3,500

Metropolitan Nat'l Bank , Boston ,

1,000

Market Nat'l Bank , Boston ,

4 ,800
4 ,5001

.

Hide and Leather Nat'l B ’k , Boston,
IIoward Nat' l Bank, Boston , .
State Nat'l Bank, Boston , . .

Traders' Nat'l Bank, Boston, .
Revere Nat'l Bank , Boston ,
Merchandise Nat'l Bank, Boston ,
Webster Nat'l Bank, Boston,
Abington Nat'l Bank , Abington,
Granite Nat'l Bank , Quincy , .

Pacific Natl Bank, Boston,

.

6 ,700
8 ,500
6 ,600
7 ,300
3 ,100
2,000
600
2 ,100
5 ,000

$ 5,860 00
7,725 00
1,145 00
1,681 00
2 ,881 00
3,648 00
1 ,212 00
4 ,800 00
4 ,952 00
8 , 174 00

10 ,351
5 ,910
8 ,322
3 , 100
2,180
812

00
00
00
00
00
00

$ 5 ,400
7 ,675
1 , 112
1 ,831

25
75
87
00

3 ,125 00
3,640 00

960
5 ,577
4 ,832
7 ,428
9 ,369
7 ,074
8 ,673
3,481

00
25
50
50
25
50
75
33

2,186 60

2,777 00

750 00
2,520 00
5 ,537 50

$ 71,700 $75,890 00

$81,176 05

RAILROAD BONDS.

Boston ,Rev.Beach and Lynn R .R .6s,
Fitchburg Railroad 5s
Newport and Richford Railroad 5s,.

$ 12,000
5 ,000
5 ,000

$ 22,000

$ 13,500 00
5 ,500 00
5,050 00

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

$22,000 00

276

BANK COMMISSIONERS' REPORT.

[Jan.

SALEM FIVE CENTS SAVINGS BANK — SALEM .
Incorporated May , 1855. Number of corporators, 139.

Charles H . HENDERSON, Treasurer.

WILLIAM H . JELLY, President.

STATEMENT.

ASSETS .

LIABILITIES.

Deposits , .

.

$ 352,000
3,000
541.280
6 ,000

. $ 2,369,566 02 | Public funds, .
62,704 38 Loans on public funds,
60,000 00 Bank stock , .
Loans on bank stock , . . .
Real estate by foreclosure, .
Loans on real estate,. .
Loans on personal security , .

Earnings undivided ,
Guaranty fund ,

00
00
00
00

39,481 60
631, 280 00

813,750
60,000
42,000
3,478

Loans
to counties, cities, or
towns, ,

Deposit
banks. on interest,
.
Cash on inhand,
. .

00
00
00
80

$ 2,492,270 40

$ 2,492,270 40
Loans on Public Funds:

On $ 3,000 City of Lawrence 6s,

.

.

.

.

.

.

.

.

On 60 shares First National Bank , Newburyport, .
Amount of real estate held by foreclosure, . ..
Assessed value of the same, . . . . .
Amount of incomereceived from the same, . . .
Amount of municipal tax on realestate, . .
Cash on Deposit in Banks, amount in each :
Asiatic National Bank, Salem , . . . .
Exchange National Bank, Salem , . . .

.
.
.
.
.

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

.

.

.

$3,000 00

Whole amount of interest or profits received or earned ,

.. ..

.... .

Loans on Bank Stock :

.

.
.

. $6 ,000 00
. $ 39,481 60
. 38,450 00
3,661 98
.
676 05

.

.

.

.

.

. $ 136 ,534 30

28,000 00
14,000 00

Rate and amountof cach semi-annual dividend for previous / 2 per cent., 43,306 78
year, . . . . . . . . . . . s 2 per cent., 44,262 76
Times for the dividends fixed by the by-laws: February and August.
The total amountof loans, with each specified rate of interest: $ 119,000 ,
4 per cent.; $ 50 ,000 , 45 per cent.; $ 110,000 , 43 per cent.; $ 400,000, 49

per cent.; $ 189,500, 5 per cent.; $43,500, 54 per cent.; $ 93,600, 6 per
cent.; $ 79,400, 6 per cent.; $ 314,300, 7 per cent. ; $ 114,730, 7 % per
cent.

Number of outstanding loans which are ofan amount not exceeding $ 3,000
each , . .
: · · · · · · · · · · 230
Aggregate amountof the same, . . . . . . . . . 321,080 00
4,800 00
. . .
Number of open accounts, . . . . . . . . 7,877
Number and amount of deposits received for previous year, . 4,965 402,310 48
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 382 215,253 23
Amount of investments from which no income is received , .

Number and amount of withdrawals, . . . . .
Number of accounts opened the previous year, .
Number of accounts closed the previous year, . . .
Amountof expenses of the corporation during previous year,
Amountof treasurer's bond, . . . . . . .
Date of examination by commissioner : June 21.

. 3,579
373,150 04
1 .013
. . 742
. . . 7,042 93
. . . 25,000 00

1883. ]

PUBLIC DOCUMENT — No. 8.

277

PUBLIC FUNDS.
Estimated

Par Value.

United States 44s, .
City bonds:
City of Portland, Me., .
of Meriden , Conn., .
.

$ 10 ,000 $ 15,200 00

$ 40,000 00

3,120 00

3 ,000 00

74, 450 00
25 ,200 00

65 ,000 00
20 ,000 00

34.500 00

30 ,000 00

10,000

10, 300 00
3 ,150 00
11,700 00

10,000 00
3,000 00
10 ,000 00

10 ,000
25 ,000
35 ,000
10 ,000
41,000
20 ,000

12,000
40,600
12,000
52, 380
21,200

10 ,000 00
25 ,000 00
35 ,000 00

20 ,000

5 ,000

24 ,000 00
5 ,800 00

5 ,000

5 ,800 00

10 ,000

of Gardiner, Me., .
of Portsmouth , N . H .,
of Hartford , Conn., .
of Salem ,
of Fall River,

3 ,000

of Lawrence, .

of Haverhill , .
of Somerville , .
of Lynn , .
of Chelsea , .

of Springfield, .

of Fitchburg , .

AmountInvested .

3,000
65,000
20,000
30,000

of Waterbury , Conn .,
of Lewiston , Me.,

Market Value.

.

00
00
00
00
00

29,800 00

10 ,000
41,000
20 ,000
20,000

00
00
00
00

5 ,000 00
5 ,000 00

$ 352,000 $ +11,500 00 $ 352,000 00

BANK STOCK .
Atlantic Nat'l Bank , Boston , .
Atlas Nat'l Bank , Boston ,

.

Blackstone Nat'l Bank, Boston ,
Boston Nat'l Bank, Boston, .
Boylston Nat'l Bank , Boston , .
City Nat'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 Bank, Boston , .
Eliot Nat'l Bank , Boston ,. .
Everett Nat'l Bank , Boston, .
Faneuil Hall Nat'l Bank, Boston ,
First Nat'l Bank , Boston , . .
Freemau 's Nat'l Bank , Boston ,
Globe Nat'l Bank , Boston ,
Hamilton Nat'l Bank , Boston , .
Hide and Leather Nat'l B 'k , Boston ,
Howard Nat'l Bink, Boston, .
Manufacturers' Nat'l Bank , Boston,
Market Nat'l Bank , Boston, . .
Massachusetts Nat'l Bank, Boston , .
Merchandise Nat'l Bank , Boston, .
Merchants' Nat'l Bank ,Boston,
Mount Vernon Nat'l Bank, Boston, .

New England Nat'l Bank, Boston, .

$ 10,000 $ 15,000 00
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
5 ,000
9,100

$11,600 00

12 ,000 00

10,700 00

16 ,200 00

15 ,000 00

9,322
23 ,600
9,877
19,500
19,635

7, 900 00
21,600 00
9, 100 00

00
00
00
00
00

9 ,435 00
13 ,452 00

11, 200 00
15 ,827 00
8 ,176 00
4,550 00
5 ,000 00
10 ,556 00
21,400 00
8 ,120 00
9 ,435 00
11,831 00
10,500 00
2 ,200 00
17, 360 00
6 ,000 00
46 ,620 00
6 ,500 00
12, 194 00

18 ,500 00
16 ,500 00
9,000 00
12,000 00
10 ,500 00
14 ,600 00
7,300 00
4,000 00
2,500 00
9,600 00
20 ,000 00
7 ,500 00
9,000 00
10 ,500 00
10 ,000 00
2 ,200 00
16 ,500 00
6 ,000 00

38,800 00
5 ,000 00
11,500 00

278

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK — Concluded .
Estimated

Par Value.

North Nat'l Bank, Boston,
North America Nat'l Bank, Boston,
Old Boston Nat'l Bank, Boston,
Redemption Nat'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 ,
Suffolk Nat'l Bank , Boston ,
Third Nat'l Bank , Boston ,

Amount Invested.

$ 20,000 $ 25 ,800 00

$ 21,600 00

12,870 00
7 ,620 00
2,600 00
23,256 00
10 ,944 00
6 ,270 00
9,975 00
8 ,850 00
15 ,150 00

11,700 00
6 , 350 00

11,700
6 ,350
2 ,000

20 ,400

7,200
5 ,700
9.500

7,500
.

Traders' Nat'l Bank, Boston, . .
Tremont Nat'l Bank, Boston, .
Union Nat'l Bank , Boston ,
Webster Nat'l Bank, Boston , .
Asiatic Nat'l Bank , Salem ,
Exchange Nat'l Bank , Salem , .
First Nat'l Bank , Salem , . .

Mercantile Nat'l Bank, Salem ,
Merchants' Nat'l Bank , Salem ,
Naumkeag Nat'l Bank, Salem ,
Salem Nat'l Bank , Salem ,

Market Value.

15 ,000
10 ,000
10,000
4 ,400
5 ,000

10,530
10 ,000
900
15,300
8 ,100
10 ,900
25 ,900

9,200
6 , 204
5 ,400
14 ,040

00
00
00
00

11,600
1,035
17,748
10 ,920
16 ,568
30,303

00
00
00
00
00
00

11,400 00

2,000 00
20 ,400 00
7 ,600 00
6 ,200 00
10 ,000 00
8 , 100 00

15 ,000
10 ,000
10 ,500
5 ,500
5 ,000
10,530
10,000
900
16 ,000
8 ,700
11,900

00
00
00
00
00
00
00
00
00
00
00

25 ,900 00

$511,280 $613,246 00 $541,280 00

279

PUBLIC DOCUMENT — No. 8.

1883. ]

SALEM SAVINGS BANK – SALEM .
Incorporated January, 1818. Number of corporators, 189.
WILLIAM H . SIMONDS, JR., Treasurer.
Peter SILVER, President.
STATEMENT.

ASSETS.

LIABILITIES.

Deposits , .

: .

Earnings andivided ,
Guaranty fund,

$ 2,081,000
00
93, 200 00

$6 ,286 ,738 07 | Public funds, . .
26 ,665 10 Loans on public funds,

132,000 00

.

578,234 00
400 00
65 ,000 00

Bank stock ,
.
Loans on bank stock
Real estate,

Realestate by foreclosure,

110 ,273 43

Loans on real estate, . .
Loans on personal security, .

826 ,815 00
2 ,005 ,420 00
509,450 00

Loans
to counties, cities, or
towns, .
Deposit
in banks on interest, .
Cash hand
on

, .

.

.

180 ,289 40

15,321 34

.

$ 6,465,403 17

$6,465,403 17

Loans on public funds,amount on each :
.
On $ 16 ,200 United States 4s, . .
On $ 15,500 New York City 6s * ,and $5,000 Boston 58, and £11,700 Sterling
Providence, R . I. 5s, . . . . . . . . . . .
On 82,000 Boston 58,

$ 2,000 00

16,200 00
75 ,000 00

Loans on Bank Stock :

. : : . . .
. . . . . .

.
.
.

.
.
.
.

.
.
.
.

Merchants' National Bank, Salem , . .
. .
Whole amount of interest or profits received or earned ,

.
.

.. .

each :
. . . . . . .
. . . . . . .
. . . . . . .

. . ..

Cash on Deposit in Banks,amount in
First National Bank, Boston, . .
Mount Vernon National Bank , Boston,
Exchange National Bank, Boston, .

.
.
.

. . . . . . ..

.
.
.

..
..

Assessed value of the same, . . .
Amount of income received from the same, .
Amountof municipal tax on real estate, .

. . $ 400 00
. . . $65,000 00

.
.

.
.

75 ,000 00
110,273 43
94,041 00
. 8,199 02
. 2, 246 20

.

.. .

. . .
. . .
. . .
.

... ...

On 120 shares Asiatic National Bank, Salem ,
Invested in realestate (for banking purposes),
Estimated value of the same, . .
.
Amount of real estate held by foreclosure, . .

.

. $60,289 40
50,000 00
. 50 ,000 00

. 20,000 00
. $ 329,562 37

Rate and amount of each semi-annual dividend for previous į 2 per cent.,J 119,830 17
year, . . . . . . . . . . . 2 per cent., ? 120,519 89
Times for the dividends fixed by the by -laws: third Wednesday in April
and October.
Average annual per cent. of dividends for the terin ending at time of,and
including, last extra dividend : 7.
The total amount of loans, with each specified rate of interest: $602,000,
4 per cent.; $762,350, 4 per cent.; $395,000, 13 per cent ; 8583,600, 5 per
cent.; $ 30,000, 51 per cent ; 830,000, 53 per cent.; $ 317,600, 54 per cent.;
$.598,940, 6 per cent.; $ 19,570, 65 per cent. ; $ 11,700, 7 per cent.; $51,525,
710 per cent.
• This bank was notified that this loan was illegal, and it has since been changed to United
States bonds.

280

BANK COMMISSIONERS' REPORT.

[Jan.

Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each, . . . . . . . . . . . . . 162
Aggregate amount of the same, .
Number of open accounts,
. .

.

.

.

.

.

.

.

.

. $ 227,035 00

15,917

Number and amount of deposits received for previous year, . 8,455 693,136 00
Number and amountof deposits of and exceeding $ 300 at any one time
for the previous y car, . . . . . . . . . . 554 312 .718 00
Number and amount of withdrawals, . . . . . .
8,537 898,782 39
Number of accounts opened the previous year, . . . . 1,559
Number of accounts closed the previous year, .
1,526
Amount of expenses of the corporation during previous year, . . . 13,879 24
00
Amount of treasurer's bond, . . . . . . . . . .
Date of examination by commissioner : August 29.
PUBLIC FUNDS .
Estimated

Par Value.

United States 44s,registered,
.
4s, registered ,
"

"

Market Value.

AmountInvested .

250 ,000 $ 282,812 00 $ 265,000 00
.] $ 170
,000 203,150 00 170 ,000 00

31s, (continued 5s,) . | 259,000

263,532 00

259,000 00

State, city,and town
bonds:
.
.

7,000

7,017 00

of New Hampshire,

1,000

of Massachusetts, .
City of Bath , Me., . .
of Boston,
.
of Bangor,Me.,
of Cambridge, .
of Charlestown,
of Chelsea , .
of Fall River, . .
of Holyoke, ,

5 ,000
9,000
100 ,000
20 ,000

1,040 00
5 ,037 00

7,000 00
1,000 00
5 ,000 00

9 ,140 00
113,000 00

100 ,000 00

24 ,000 00

20,000 00

00
00
00
00

50 ,000 00

17 ,000
60,000
65 ,000
100 ,000

15 ,900
58,000
19,960
72,800

79 ,300 00
104,500 00

65 ,000 00
100 ,000 00

70,000
50,000

74,650 00
57,500 00

70,000 00

71,000
50 ,000
100 ,000
9,000
200,000

82,400 00

71,000 00

State of Maine,

of Indianapolis, Ind.,
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 ,

15 ,000
50,000

110 ,000
119,000

10 ,000
2 ,000
22,000
15 ,000

75,000
35 ,000

57,500
120 ,000
9 ,090
232,000
126 ,050

00
00
00
00
00

122,782 00
11,600 00
2,320 00
26 ,180 00
17,025 00

77 , 156 00

41,650 00

9,000 00

15 ,000 00
17 ,000 00
60 ,000 00

50 ,000 00

50 ,000 00
100 ,000 00
9,000 00
200 ,000 00
110 ,000 00

119,000 00
10,000 00
2,000 00
22,000 00
15 ,000 00
75,000 00
35 ,000 00

$ 2,066,000 $ 2,317,091 00 $ 2,081,000 00

1883.]

281

PUBLIC DOCUMENT — No. 8.
BANK STOCK .
Estimated

Par Value.

Market Value. Amount Invested .

Atlantic Nat'l Bank , Boston, .

$ 10,000

$ 15 ,050 00

$ 10,000 00

Atlas Nat'l Bank, Boston ,

1,000
7 ,300
2,500
20 ,500
28 ,000
50,200
11,400

1 ,211 00
7 ,920 00
2,950 00
21.369 00
36 ,510 00
59,863 00
13,224 00
14 ,160 00
12,400 00
81,983 00
35,277 00
16 ,375 00
20 ,584 00
56 ,772 00
26 ,296 00
8, 231 00
11,700 00
22,800 00

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
20 ,328

Blackstone Nat'l Bank , Boston ,

Boylston Nat'l Bank, Boston , .
City Nat'l Bank, Boston , . .
Columbian Nat'l Bank, Boston ,
Commerce Nat'l Bank , Boston,

Freeman 's Nat'l Bank, Boston ,
Hamilton Nat'l Bank, Boston, .
Merchandise Nat'l Bank, Boston ,
Merchants' Nat'l Bank , Boston ,

North Nat'l Bank , Boston, .
Redemption Nat'l Bank , Boston ,
Republic Nat'l Bank , Boston , .
Revere Nat'l Bank, Boston, . .
Second Nat'l Bank , Boston ,

.

Shawmut Nat'l Bank, Boston , .
Suffolk Nat'l Bank , Boston , .
Tremont Nat'l Bank , Boston , . .
Hide and Leather Nat'l Bik , Boston ,

State Nat'l Bank , Boston, .
Asiatic Nat'l Bank , Salem ,
Exchange Nat'l Bank , Salem , .

First Nat'l Bank , Salem , . .
Mercantile Nat'l Bank , Salem ,
Merchants ' Nat'l Bank , Salem ,
Naumkeag Nat'l Bank , Salem ,

Salem Nat'l Bank , Salem ,

.

Home Nat'l Bank, Brockton, .
Beverly Nat'l Bank , Beverly , .
Marblehead Nat'l Bank,Marblehead ,
Grand Nat'l Bank, Marblehead,

First Nat'l Bank , Chelsea,

.

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
18 ,480

8,500
13,400
1,700
48 ,150
9,800
10 ,000
10,000
700
2,000
4 ,500
10 ,000

8,580 00
4 ,920 00

24 ,610 00
10 ,030 00

16 ,482 00
2 ,023 00
67,410 00
15, 386
11,800
11,500
875
2 ,210
5 ,310

00
00
00
00
00
00

12,500 00
$ 123,630 $661,401 00

00
00
00
CO
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00

8,900 00
14 ,740 00

1,700
48, 150
13,230
10 ,500
10 ,000
700
2 ,000
5 ,000

00
00
00
00
00
00
00
00

12,500 00
$ 578,234 00

282

BANK COMMISSIONERS' REPORT.

[ Jan .

SEAMEN 'S SAVINGS BANK - PROVINCETOWN.
Incorporated April 14, 1851. Number of corporators, 85.

LYSANDER N . PAINE, President.

Joseph H . DYER, Treasurer.
STATEMENT.

LIABILITIES.

Deposits , .

:

:

Earnings undivided ,
Guaranty fund,

ASSETS .

$ 13,150 00
113 ,824 62
500 00
40 ,080 00
1,330 29
79,054 90
38,431 70
40,288 96
15 ,000 00
2,290 50

8348,706
41 | Public funds, .
9,901 15 Bank stock ,
6,672 87 Railroad
Loans on bank stock ,
bonds,
Real estate ,

Realestate by foreclosure, .
Loans on real estate, . .
Loans on personal security , .
Loans
to counties, cities, or
towns,

.
.
Deposit in bank,
on interest. :

Furniture and safes, :

2,623 19

:

18,706 27
$ 365,280 73

Cash on hand , .

$ 365,280 73

Loans on Bank Stock :
On 8 shares Freeman 's National Bank, Boston , and 4 shares Shawmut
National Bank , Boston , . . . . . . . . . .
Invested in realestate (for banking purposes), . . . . . .
Estimated value of the same, . . . .
.
.

79,054 90
71,810 00
4 ,264 81

. . : : :

Assessed value of the same, . . . .
Amount of incomereceived from the same, .

. . . .

Amount of real estate held by foreclosure, .

Amountof municipal tax on realestate, · · · · · · ·
Cash on Deposit in Bank : -Freeman 's National Bank, Boston, . . . . . .
. .
Whole amountof interest or profits received or earned, . . . .
Rate and amount of each semi-annualdividend for previous /2 per cent., 1
year, . . . . . . . . . . . $ 1 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 : 3788
The total amount of loans, with each specified rate of interest : $ 2,500,
5 per cent.; $ 36 ,867.70, 6 per cent.; $ 30,791.68, 6 per cent.; $6,027.28,
7 per cent. ; $ 594.00, 74 per cent.; $ 510, 8 per cent.
Number ofoutstandingloans which are of an amount notexceeding $3,000
each , . . . . . . . . . . . . . 74
Aggregate amount of the same, . . .
Amount of investments from which no incomeis received, . . . .
Number of open accounts, . . . . . . . . 1,705
507
Numberand amount ofdeposits received for previous year,. .
Number and amount of deposits of and exceeding $ 300 at any one time
61
.
.
for the previous year, . . . . .
6:27
Number and amount of withdrawals, . . . .
Number of accounts opened the previous year, .
. . 189

Number of accounts closed the previous year, .

.

.

.

.

.

.

Date of examination by commissioner : Aug. 24 .

.

.

.

.

1,179 60
50

$ 17,608 36
6, 166 47
4,887 89

57,820 66

35,412 46
60,792 81

29,170 83
43,700 60

. 160

Amountof expenses of the corporation during previous year, . . .
Amount of treasurer's bond, .

$ 500 00

1,330 29
1,075 00

.

.

2,000 00
20,000 00

PUBLIC DOCUMENT — No. 8 .

1883. ]

283

PUBLIC FUNDS.
Par Value.

Estimated
Market Value. Amount Invested .

City bonds :

City of Fall River 6s,

.

.

$ 2,400 00

.

$ 2,000
5 ,000

$ 2 ,360 00

of Bangor, Me., 6s, .

6 , 100 00

of Columbus,Ohio, 6s, .

4 ,000

4 ,640 00

6 ,150 00
4 ,600 00

$ 11,000

$ 13,100 00

$ 13,150 00

$ 1,413 00

$ 1,490 88

BANK STOCK .
North America Nat'l Bank, Boston ,
Atlas Nat'l Bank, Boston ,
Blackstone Nat'l Bank, Boston ,

$ 1,300
2,500
2 ,000
1,000
7 ,600
1 ,000
5 ,000

Blue Hill Nat'l Bank, Milton , .
Boston Nat'l Bank, Boston, .

City Nat'l Bank, Boston, . .
Central Nat'l Bank, Boston, .
Continental Nat'l Bank , Boston,
Eliot Nat'l Bink, Boston, . .
Everett Nat'l Bank, Boston, .

2,500
5 ,000
5 ,000

Freeman 's Nat'l Bank , Boston ,

Globe Nat'l Bank , Boston ,
Howard Nat'l Bank, Boston, .
Home Nat'l Bank , Brockton , .
Mount Vernon Nat'l Bank , Boston , .

Manufacturers' Natl Bank , Boston,
Market Nat'l Bank , Boston ,

.

1,000
10 ,432
3,131
6 ,000

00
50
25
00

2,675 00

3 ,562 50

1,830 00

500
5 ,000
2 ,500
1,000

580 00
6 ,506 25
2,606 25
1 ,000 00
2,410 00
8 ,370 00
6 ,256 25
9 ,006 00
2,584 00
12,423 00
3 ,547 50
5 ,130 00
1,083 75

1,500 00
540 00

7,900
1,700
10 ,100
3,000
4,500
1,000

Webster Nat'l Bank , Boston , .

1,000 00
7 ,600 00

6 ,575 00
8 ,000 00

5 .000

Suffolk Nat'l Bank , Boston ,
Tremont Nat'l Bank , Boston , .

3 ,175 00
2 ,500 00

9 ,280 00

5 ,400

Revere Nat'l Bank , Boston ,
Second Nat'l Bank, Boston, .
State Nat'l Bank , Boston ,. .

13
00
50
00
75
50
37
00
00

8 ,000
2,500
1 ,500

2,000

Old Boston Vat'l Bank , Boston ,
First Nat'l Bank , Provincetowa,
Republic Nat'l Bank , Boston , .

3 028
2,170
1,157
9 ,006
1 ,188
3,712
2,959
5 ,950
5 ,650

6 .250 00

2,871 88

1,190 00
3,300 00
6 ,820 00
5 .541 67
8 ,693 02

1,700 00

10,100
4 ,187
5 ,173
1, 130

00
50
42
00

$ 94,500 $111,553 25 $ 113,824 62
RAILROAD BONDS.
Fitchburg Railroad 5s, . ..

Boston , Rev. Beach & Lynn R . R .6s, 1

Highland Street Railway 5s,* .

.

$ 26 ,000
5 ,000
5 ,000

$ 28,340 00
5 ,625 00
5 ,150 00

$ 29,055 00
5 ,825 00
5 ,200 00

$ 36 ,000 $ 39,115 00

$ 10,080 00

* This bank has been notified that this investment is illegal.

284

BANK COMMISSIONERS' REPORT.

[Jan.

SHELBURNE FALLS SAVINGS BANK - SHELBURNE FALLS.
Incorporated 1853. Number of corporators, 56 .
A . K . HAWKES, Treasurer.
F. A . Ball, President.
STATEMENT.

LIABILITIES.

Deposits, .

Earnings undivided.
Guaranty fund, .

ASSETS.

8796 ,776 53 Public funds, . .
4,795 03 | Bank stock , . .
16 ,500 00 Loans on bank stock ,

$ 231,000
00
65, 100 00
2,800 00

..

25 ,000 00

Railroad bonds,
Real estate ,
.
Loans on real estate,

4,000 00
355, 269 45

Loans on personal security, .
Loans
to countries, cities, or
towns, .

88,935
3,750
38,000
1, 216

Depositin bankson interest, :
Cash on hand, ·

·

·

$818,071 36

26
00
00
85

$818,071 56

Loans on Bank Stock :
On 28 shares Shelburne Falls National Bank ,

.

.

Invested in real estate (for banking purposes), .
Estimated value of the same, .

.

.

.

.

$ 2,800 00

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

. . $ 4 ,000 00
4 ,000 00
49 21
.

Cash on Deposit in Banks,amount in each :
Maverick National Bank , Boston , .
Shelburne Falls National Bank, . . . .

.

.

.

$ 28 ,000 00

.

. .

.

.

10,000 00

.

.

. $ 13,278 50

.

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 previous 12 per cent., S 14,266 29
year, . . . . . . . . . . . 52 per cent., l 14,986 68
Times for the dividends fixed by the by -laws: April 10 and October 10.
The total amount of loans,with each specified rate of interest: $ 150,754.71,
5 per cent.

Number ofoutstanding loans which areofan amountnot exceeding $3,000
each, . . . . . . . . . . .
Aggregate amount of the same, . .
Number of open accounts, . .
Number and amount of deposits received for previous year,

.

. 378

294,954 71
2,131 163,952 33

3 . 303

.

Number and amount of deposits of and exceeding $ 300 at any one time
. 134
for the previous year, . .. . . . . . .

75 ,338 62

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,

.
.

. 474
. 264 .

.

.

.

1,874 01

Amountof treasurer 's bond , .

.

.

.

15,000 00

.

.

.

Date of examination by commissioner : June 6.

.

.

.

.

1,266

PUBLIC DOCUMENT -- No. 8.

1883 .]

285

PUBLIC FUNDS.
Estimated

Par Value.

United States 3s,

16

.

$ 25,000

4s,
5" 445
, ..

30 ,000
65,000

City bonds :
City of Boston 6s, .

30 ,000

Market Value. AmountInvested .

$ 25 ,000 00
35 ,000 00
72,500 00

of Boston 5s, .

• 20 ,000

of Fall River 6s,

29,000
20,000

35 ,000 00
22,000 00
34 ,000 00
22 ,000. 00

7 ,000
5 ,000

8,000 00
5 ,500 00

.

of Fall River 5s,
of Lynn 6s,

of Lynn 5s,

.

$ 25 ,000 00
30 ,000 00
65 ,000 00
30 ,000
20 ,000
29,000
20 ,000
7,000
5 ,000

00
00
00
00
00
00

$ 231,000 $259,000 00 $ 231,000 00
BANK STOCK .
Shelburne Falls Nat'l Bank, Shel
burne Falls, .
.
First Nat'l Bank , Northampton ,
Conway Nat'l Bank, Conway,
Wily , ..
AdamsNat'l Bank , Adams,

$ 26 ,200
17 ,000

Redemption Nat'l Bank, Boston ,

11,900
5 ,000
5 ,000

Pittsfield Nat'l Bank, Pittsfield ,

3,000

.

$34,000 00
20 ,000
13,000
6 ,500
6 ,500

00
00
00
00

4 ,100 00

$69,100 $84,100 00

$ 26 ,200 00
17 ,000
11,900
5 ,000
5 ,000
3,000

00
00
00
00
00

$68, 100 00

RAILROAD BONDS.

Fitchburg Railroad 5s, .

$ 25,000 $27,500 00

$ 25,000 00

286

BANK COMMISSIONERS' REPORT.

[Jan .

SOUTH ADAMS SAVINGS BANK - ADAMS.
Incorporated 1869. Number of corporators, 9.

HENRY J. Bliss, President.

H . H . WELLINGTON , Treasurer .
STATEMENT.

LIABILITIES.
Deposits,
.
Earnings undivided.
Guaranty fund,

ASSETS .

8519,232 84 Public funds, .
9,582 06 Bank stock, . . ,
10 ,250 00 Real estate by foreclosure,

886,000 00
35 ,850 00
7.600 00
199, 231 00
185 ,336 50
19 ,120 59
510 39
4,725 00
19 68

on real estate, . .
Loans
Loans on personal security .
Deposit in bank on interest,
Expense account, . . .
Premiums, .
Insurance, .

.
.

.
.

.
.

Cash on hand, .

.

.

371 74

$ 539,064 90

$539,064 90

Amount of real estate held by foreclosure, . . . . .
Assessed value of the same, .

.

.

.

.

.

.

.

.

..

Amount of incomereceived from the same, .

.

.

.

.

.

.

Amount of municipaltax on real estate,

.

.

.

.

.

7 ,600
5,700
360
89

00
00
00
10

Cash on Deposit in Bank :

First National Bank, Adams, . . . . . . . . . . $ 19,420 59
Whole amount of interest or profits received or earned, . . . . $ 29,203 36
Rate and amount of each semi-annualdividend for previous / 2 per cent., S 9,037 54
year,
.
.
.
.
.
| 2 per cent.,? 9,586 87
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 : 7.
5 per cent.; $ 234,822.50, 6 per cent.; $ 28,000, 64 per cent.; $ 29,445, 7
per cent. ; $ 1,300 , 8 per cent.
Number of outstanding loanswhich are of an amount not exceeding $ 3,000

The total amount of loans, with each specified rate of interest : $ 91,000,

each ,

.

.

.

.

.

.

.

.

.

Aggregate amount of the same, . . . . .

.

.

. 117

. .

. . 97,567 50
.
300 00
Number of open accounts, . . . .
. . . 1,509
Number and amount of deposits received for previous year, . 4,357 142,941 96
Number and amountof deposits of and exceeding 8300 at any one time
82
for the previous year, . . . . . . . . . . 100
Number and amount of withdrawals, . . . . . . . 744 96 ,685 40
Number of accounts opened the previous year, . . . . . 323
. . . 204
Number of accounts closed the previous year,
Amount of expenses of the corporation during previous year, . . . 1,589 82
Amount of treasurer's bond, . . . . . . . . . . 50,000 00
Date of examination by commissioner: June 5.
Amount of investments from which no incomeis received , .

.

.

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

1883. ]

PUBLIC DOCUMENT — No. 8.

287

PUBLIC FUNDS.
Estimated
Par Value.

United States
3ļs,extended, .
" 4s, consols,
"

" 41s, funded loan , 1891,

City and town bonds:
City of Somerville 5s, 1887 , .
Town of Adams 4s, 1884,
of Adams 4s, 1885 ,

$ 2 ,000
17 ,000

11,000

5 ,000

Market Value. Amount Invested .

$ 2,040 00
20 ,230 00
12,320 00

17,000 00
11,000 00

00
00
00
00

11,000 00
11,000 00
20 ,000 00

$ 86,000 $95,170 00

$86 ,000 00

11,000

of Adams6s, 1893,

11,000
20 ,000

of Clarksburg 4s, .

9,000

5,250
11,220
24 ,000
9,000

$ 2 ,000 00

11, 110 00

5 ,000 00
9,000 00

BANK STOCK .

First Nat'l Bank , Adams,.
Adams Nat'l Bank , North Adams, .
Lee Nat'l Bank , Lee,

.

Berkshire Nat'l Bank , North Adams,
Franklin Co. Nat'l Brink,Greenfield ,
First Nat'l Bank , Woburn ,
Third Nat'l Bank, Pittsfield , ..

$18,600
2 ,500
1 ,750
7,500
2 ,500
2 ,500
500

$ 26 ,010 00
3 ,500
2,200
8 ,625
3,500
3,750
575

00
00
00
00
00
00

$ 35 ,850 $ 18 ,190 00

$ 18 ,600
2 ,500
1,750
7,500
2 ,500
2 ,500
500

00
00
00
00
00
00
00

$ 35,850 00

[ Jan .

BANK COMMISSIONERS' REPORT.

288

SOUTHBRIDGE SAVINGS BANK - SOUTHBRIDGE.
Incorporated 1848. Number of corporators, 82.
Robert H . COLE, President.
CHARLES D . MONROE, Treasurer.
STATEMENT.
LIABILITIES.

Deposits, .

Earnings undivided,
Guaranty
fund,

.

ASSETS .

$ 181,000 00

| $ 1,076 ,664 16 | Public funds, .
24,4060 81
|| Loans on public funds, .
00

20 ,000 00
1,300 00
50,000 00

Bank stock ,
.
Loans on bank stock
Railroad bonds,

67,139 88

Loans on real estate, .

203,900 00
251,300 00

Loans on personal security ,
Deposit in bank on interest,
Expense account, .
Steel safe, . . .
Premium account,
Loans on bank books, .
Cash on band , . .

36 ,336 59
602 61
1, 500 00
11,650 00
800 00

311 89

$ 1,115,870 97

$ 1,115,870 97
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, . . . .

.

. $20,000 00

.
.

.
.

8700 00
600 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 and amount of each semi-annual dividend for previous / 2 per cent.,S
year, . . . . . . . . . . . ) 2 per cent., l
Times for the dividends fixed by the by-laws: first Wednesday in January

$ 28,000 00
8,336 59
$55,008 22
19,842 37
20,232 67

and July.

Average annual per cent of dividends for the term ending at time of and
including lastextra dividend : 5 .
The total amount of loans, with each specified rate of interest : $ 25,000,
4 per cent.; $ 225,000, 4 . per cent.; $6,000, 5 per cent.; $ 107,400,6 per
$ 71,600, 6. per cent.; $51,300, 7 per cent.
Number of outstanding loanswhich are ofan amountnot exceeding $ 3,000
each, . . . . . .
· · · 98 89,800 00
Aggregate amount of the same,
Amount of investments from which no income is received, . . . . 1,500 00
Number of open accounts, . . . . . . . . 2,923
Number and amount of deposits received for previous year, , 1,641 148,570 26
Number and amountof 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, .
.
Amountof expenses of the corporation during previous year,
Amount of treasurer's bond, . . . . . . .
Date of examination by commissioner : May 16.

.

121

6 5,792 26

. 1,160 146,691 99
. . 399
. . 303
. . . 2,648 12
. . . 30,000 00

1883.]

289

PUBLIC DOCUMENT — No. 8 .
PUBLIC FUNDS.
Estimated

United States As, 1907 ,

.

“ 44s, 1891, . .
City and town bonds:
City of Cambridge 6s, . .
of Charlestown 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 Worcester 6s,

Amount Invested .

$ 30,000
135,000

$ 35,700 00

$ 30,000 00

151,200 00

135 ,000 00

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

21,000 00

9 ,810 00
5,750 00

9,000 00
5 ,000 00
10, 00 00

20,000
10 ,000

5 ,000
10,000
4 ,000
10,000
10 ,000

26 ,000
9,000
5 ,000

10 ,000
20 ,000

20 ,000
20,000

of Pawtucket, R .I.,5s, .
of Woburn 6s, . .
of Beverly 4s,

Market Value.

21,000
13,000
8 ,000
5 ,000
10 ,000
10 ,000
12,000
18 ,000

of Lyon 6s, .
of Newton 6s, , .
of Salem 5s,
of Waterbury, Conn., 78, .
of Chelsea 6s, . .
of Chelsea 41s,
..
of Holyoke 6s, . .
of Lawrence 6s, .
of New Bedford 6s, .

of New Bedford 5s, .
ofof Newbur
yport7s,5s, .. .
Springfield

Par Value.

20 ,000

10,000
10 ,000

25 ,620
14,950
9,200
6 ,500
11,500
13,300
13 ,800
18,720
24,800
11,900
6 ,650
11,400
4 ,000
11, 300
11,800
31,550
11,600
27 ,000
24,800
24 ,800
23,600
10,200
11,800

00
00
00
00
00
00
00

13,000 00
8,000 00
5 ,000 00

10,000 00
12,000 00
18 .000 00

10 ,000 00
20 ,000
10 ,000
5 ,000
10 ,000
4 ,000
10 ,000

00
00
00
00
00
00

10 ,000 00
26 ,000 00
20 ,000
20,000
20,000
20,000
10 ,000
10 ,000

00
00
00
00
00
00

$ 181,000 $563,250 00 $ 181,000 00
BANK STOCK .

Blackstone Nat'l Bank, Boston ,

Boylston Nat'l Bank, Boston , .
City Nat'l Bank , Boston , .
Columbian Nat'l Bank, Boston ,
Freeman's Nat'l Bank, Boston ,
New England Nat'l Bank, Boston, .
Revere Nat'l Bank , Boston,
Washington Nat'l Bank, Boston ,
Boston Nat'l Bank , Boston,
Suffolk Nat'l Bank , Boston,
Commerce Nat'l Bank, Boston,
.
Atlas Nat'l Bank , Boston ,

1,200
500

10,000
2 ,200
2,500
2,000
1,000
5 ,000
1,000
500

City Nat'l Bank , Worcester , i
Quinsigamond Nat'l B 'k , Worcester,

Leicester Nat'l Bank , Leicester,

$ 1,000
1,800

.

Southbridge N 'I Bank, Southbridge,

$ 4,320 00

$ 1,000. 00

2,200 ,00
1,460 00
650 00
11,500 00
3,100 00
2,775 00
2,800 00
1 ,300 00

1 ,800 00

6 , 100 00
1, 180 00

1, 200 00
500 00

13,400 00
2,200
2,500
2 ,000
1,150
6 ,050
1,236
635
2,016

00
00
00
00
00
25
63
00

00
00
00
00
00

14,490 00

$ 50,700 $63,465 00

$57,139 88

1,800
2,000
1,100
13,800

600
2,000
2 ,480
1,680
19,320

2.3811 01
1,582 0

290

BANK COMMISSIONERS' REPORT.

[ Jan .

RAILROAD BONDS.
Estimated

Par Value.

Market Value.

Amount Invested .

Boston and Albany Railroad 7s,
Boston and Lowell Railroad 7s,

$ 10 ,000
20 ,000

$ 12,300 00

Boston and Maine Railroad 7s,

10 ,000
10 ,000

$ 10 ,000
20 ,000
10 ,000
10,000

Old Colony Railroad 7s, .

.

25 ,000 00
12 ,500 00
12,500 00

$50,000 $62,300 00

00
00
00
00

$50,000 00

1883. ]

PUBLIC DOCUMENT — No. 8.

291

SOUTH BOSTON SAVINGS BANK - BOSTON .
Incorporated 1863. Number of corporators, 71.
GEORGE W . Ellis, Treasurer.
George E . Alden, President.
STATEMENT.

ASSETS ,

LIABILITIES.

8138,935 75

$ 1,147,622 09 Public funds, . .
Deposits, .undivided
.
Earnings
,
17,515 27 Bank stock ,
oad bonds,
Guaranty
fund,
.
27,500
00 Railr
Charges on mort
Loansestate
on railro
ad bonds, .
Real
,
gages, . .
406 04
Real estate by foreclosure,
Earnings
undivided
reserved to meet
Loans on real estate,. .
Loans on personal security , .
estimated
losses
on
real estate ,
on interest, .
bank,fixtur
Deposit in and
20,000 00 Furni
es, .
ture
Cash on hand, .

91,800 00
1,450 00
5 ,000 00

60,642 32
127 ,407 90
438,405 00
300 ,000 00
39,493 98
500 00
6 ,408 45

.

.

$ 1,213,043 40

$1,213,043 40
Loans on Railroad Bonds :

Amount of incomereceived from the same, .
Amount ofmunicipaltax on real estate,

. .
. . $5,000 00
. . . . :. $60 ,642 32
. . .
. 60,642 32
. . . . . 127,407 90
. . . . . 120, 100 00
8,720 45
..
2,708 24

.
.
.
.
.

· · ·

On $7,000 Fitchburg Railroad 6s, . . .
Invested in realestate (for banking purposes),
Estimated value of the same, . . . .
Amount of real estate held by foreclosure, .
Assessed value of the same, . . . .

.

.

.

.

Cash on Deposit in Bank :
Maverick National Bank , Boston , . . . . . . . . .
Whole amount of interestor profits received or earned, . . . .
Rate and amount of each semi-annual dividend for previous / 2 per cent.,S
52 per cent., l
year, . . . . . . . . . .
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: $50,000,
4 per cent.; $ 145,000, 4 per cent.; $ 25,000, 48 per cent.; $67,500,
5 per cent.; $57,500, 51, per cent.; $ 208,055, 6 per cent.; $73,500, 61 per
cent.; $79,650,7 per cent.; $ 20,600, 7) per cent.; $ 16 ,600, 8 per cent.
Number of outstanding loanswhich are of an amount not exceeding $3,000
each, . . . . . . . . . . . . . 151
Aggregate amount of the same, . . . . . . . . . .
Amount of investments from which no income is received, . . . .
8,624
Number of open accounts, . . . . . . . .
Number and amount of deposits received for previous year, . 7,436
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . .. 224
224
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 : March 20.

$ 39,493 98
$60,908 61
19,586 95
20 ,610 65

201,625 00

5,000 00
338,840 78
117 . 995 25

4,673 276 ,778 39
1,167
• 762
. . 5,630 67

.

.

40,000 00

292

BANK COMMISSIONERS'. REPORT.

(Jan.

Public Funds.
Estimated

Par Value.

United States bonds,

Market Value. AmountInvested.

$ 20,000 $20,350 00

$20,000 00

City and town bonds :

City of Bangor, Me , .
of Portland, Me., .

8 .000

15 ,000

of New London , Cor

10 ,000
7 ,000

of Norwich , Conn.,
of Chelsea , .
of Somerville, .
of Fall River, .
of Brockton , .
Town of Everett, .
of Scituate, . .

30,000

10 ,000

9,280
18 ,000
13,200
33,780

00
00
00
00

7,320 00
13,775 00
10.000 00
30 ,000 00

8,190 00

6 ,860 00

10 ,000 00

10 ,000

10 ,475 00
12 ,500 00

20 ,000

20,462 50

1,000
10 ,000

1,170 00

10 ,000 00
20 ,000 00
980 75

10,100 00

10,000 00

$141,000 $ 157,507 50 $138,935 75
BANK STOCK .
Atlas Nat'l Bank , Boston ,

Commerce Nat'l Bank, Boston ,
Columbian Nat'l Bank, Boston,
Eliot Nat'l Bank , Boston,
.
Globe Nat'l Bank , Boston , .
Massachusetts Nat'l Bank , Boston , .
Merchandise Nat'l Bank , Boston, .
North America Nat'l Bank , Boston ,
Shoe and Leather Nat'l Bank, Boston ,
Suffolk Nat'l Bank, Boston, .

$ 11,100

$ 13,431 00

7,500
6 ,000

8 ,925 00
7 ,830 00

10 ,000
6 ,000

4,500
2 ,300
4 ,500
500

5 ,000

11,900
6 ,420
5 ,040
2,300
4 ,983
525
5 ,850

00
00
00
00
75
62
00

$ 11,100
7 ,500
6 ,000
10 ,000

09
00
00
00

6 , 0 000
4 ,500 00
2 ,300 (10)
4 ,500. 00
500 00

5 ,000
6 ,500
2,600
15 ,000

00
00
00
00

Third Nat'l Bank, Boston ,
Traders' Nat'l Bank, Boston , .
Tremont Nat'l Bank , Boston , .

2,600

2,340 00

15 ,000

Webster Nat'l Bank , Boston, .

13,300

17 ,250 00
14 ,413 88

13,300 00

$ 94,800 $ 107,774 25

$ 94,800 00

6 ,500

6 ,565 00

RAILROAD BONDS.
New
Bedford Railroad, .
Eastern Railroad, .

$ 1,000

$ 1,220 00

1,000

1,095 00

$ 1,000 00
450 00

$2,000

$2,315 00

$ 1,450 00

PUBLIC DOCUMENT — No. 8.

1883.]

293

SOUTH SCITUATE SAVINGS BANK – SOUTH SCITUATE.
Incorporated April 2, 1834. Number of corporators,65.
PEREZ SIMMONS, President.

EBENZER T. Fogg, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, . .
Earnings undivided ,

Guaranty fund,

Assets.

$443,859 73 Bank stock, . .
5 .009 38 Real estate by foreclosure.
6 ,536 00 Loans on real estate ,
Loans on personalsecurity ,

$ 58,800 00

.
.

42,700 00
266,428 13

42,525 00 .

Loans to countics
towns,

30,480 00

.

.

Deposit in banks on interest,

12,896 88
625 00

Loans on bank books,

Cash on hand, .

.

.

950 10

$455,405 11

$ 155,405 11

. $ 12,700 0000

Amountof real estate held by foreclosure, .
Assessed value of the same, . . . .

.

.

.

Amount of income received from the same, .

.

.

.

.

.

.

1,785 00

Amount of municipal tax on realestate, . . .
Cash on Deposit in Banks, amount in each : Commonwealth National Bank, Boston , . . .

.

.

.

.

462 50

.

.
.

$ 2,357 79
10,539 09

.

, $ 20,618 11

Manufacturers' National Bank, Boston , .

•
.

.

.

Whole amount of interest or profits received or carned ,

.

.

.

.

Rate and amount ofeach semi-annnaldividend for previous / 2 per cent.,l
year, . . . . . . . . . .
2 per cent., ?
Times for thedividends fixed by the by-laws: last Saturday in February

8,766 53
8,817 41

and August.

Average annual per cent. of dividends for the term ending at timeof, and
including, last extra dividend : 7 .

The total amount of loans, with each specified rate of interest : $ 20,000,

41 per cent.; $32,095, 5 per cent.; $ 28,150, 5 per cent.; $ 163,784.84, 6
per cent.; $ 96 ,028.29, 7 per cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000
each , . . . . . . . . .
. . . 356
Aggregate amount of the same,
Number of open accounts, .

.
.

,
.

.
.

.
.

244,019 24

Amount of investments from which no income is received, . . . .
.

.

.

8,100 00

1,174

Number and amount of deposits received for previous year, . . 325
Number and amountof deposits of and exceeding $ 300 at any one time
for theprevious year, . . . . . . . . . . 37

38,875 37
19,390 00

Number and amount of withdrawals, . . .
Number of accounts opened the previous year, .

. 418
. 98

42,719 97

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 25.

10,000 00

.
.

.
.

.
.

1,175 00

294

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.
Estimated
Par Value.

Market Value.

amount Invested .

Eliot Nat'l Bank, Boston,

$ 800

$ 880 00

$ 800 00

Eagle Nat'l Bank , Boston ,

2, 300
4 ,000

2,576 00
4 ,400 00
321 00
1,708 00
1,770 00
2,100 00
560 00
5 ,760 00

2 ,300 00
4 ,000 00

Fourth Nat'l Bank , Boston ,
Howard Nat'l Bank, Boston , .

Globe Nat'l Bank, Boston,

Hamilton Nat'l Bank , Boston , .
Merchants' Nat'l Bank , Boston ,
Massachusetts Nat'l Bank, Boston, .
North Nat'l Bank , Boston ,

Shawmut Nat'l Bank, Boston , .
New England Nat'l Bank , Boston ,

Webster Nat'l Bank , Boston , .
Merchandise Nat'l Bank, Boston,
Revere Natl Bank, Boston,
Washington Nat'l Bank, Boston,
Atlantic Nat'l Bank , Boston,
City Nat'l Bank, Boston , .
Columbian Nat'l Bank, Boston,
Second Nat'l Bank, Boston,
Union Nat'l Bank , Boston ,
Commerce Nat'l Bank , Boston ,
Boston Nat'l Bank, Boston , .

Traders' Nat'l Bank , Boston, .
Hingham Nat'l Bank, Hingham ,
Union Market N ’l B ’k , Watertown, .

Union Nat'l Bank, Weymouth ,

300
1,400
1,500
1,500
500
4 ,500
1,300
1 ,000
2 ,000
1,000
4 ,800
1,600
1,000
2,300
3,200
1,700

1,000
3,000
1,800
2,80 )
2,800
2,600
4 ,300

1,417 00
1,350 00
2,160 00
1,000 00

300 00

1,400 00
1,500
1,500
500
4 ,500
1,300
1,000
2,000
1,000
4 ,800

00
00
00
00
00
00
00
00
00

5 ,454
2, 160
1,500
2 ,714

00
00
00
00

4 , 160
2,584
1,400
3,570

00
00
00
00

4 ,000
1,900
1 ,133
4 ,000

00
00
00
00

2, 124 00
2,576 00
2,800 00

2 ,016
2 ,800
3 ,556
2.995
4,300

00
00
00
00
00

2 ,808 00
5 ,002 00

$ 55,000 $64,854 00

1,600 00
1,300 00
2 ,300 00

$58,800 00

PUBLIC DOCUMENT — No. 8.

1883.]

295

SOUTH WEYMOUTH SAVINGS BANK - SOUTH WEYMOUTH .

Incorporated 1868. Number of corporators, 34 .
Josiah REED, President.

A . E . VINING, Treasurer.
STATEMENT.

LIABILITIES .

ASSET8 .

Deposits, .

$ 10 ,000 00

$ 363,419 73 | Public funds,
11,759 33 Bank stock ,
6 ,000 00 Loans on bank stock , .
Real estate by foreclosure,

Earnings undivided,
Guaranty fund ,

138 ,316 12
1, 100 00

13,775 00
142,261 00
72,130 87
2,909 02
408 67
13 75

Loans on real estate, . .
Loans on personalsecurity ,
Deposit in bank on interest,
Expense account,

Suspense
account,
Taxes,
Cash on hand, .

.

204 08
60 55

.

$ 381,179 06

$ 381,179 06
Loans on Bank Stock , amount on each :
On 5 sbares Union National Bank , Weymouth , .

.

.

.

.

.

$ 200 00

On 9 shares First National Bank, South Weymouth, . . . . .
900 00
Amount of real estate held by foreclosure, . . . . . . . $ 13,775 00
Assessed value of the same, . . . . . . . . . . 13,600 00
Amount of income received from the same, . . . . . . .
1,032 84
Amount of municipal tax on real estate, . . . . . . .
204 08

Cash on Deposit in Bank :
First National Bank, South Weymouth , . . . . . . . $2,909 02
Whole amountof interest or profits received or earned, . . . . $ 22,209 20
Rate and amount of each semi-annual dividend for previous /24 per cent., 8,182 57
year,

.

.

.

.

.

.

.

.

.

.

. ) 2 per cent.,

6 ,883 42

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 : 7 ).
The total amountof loans,with each specified rate of interest: $ 14,500, 5
per cent.; $ 17,500, 50 per cent.; $ 171,956.88, 6 per cent. ; $ 1,034.99, 6 ) per

cent.; $ 10 ,500, 7 per cent.
Number of outstanding loanswhich are ofan amount notexceeding $ 3,000
each, . . . . . . . . . . . . : 152
Aggregate amount of the same, . . . . . . . . . 121,541 78
968
Number of open accounts, . .
Number and amountof deposits received for previous year, . . 553 56,784 29
Number and amount of deposits of and exceeding $ 300 at any one time
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 : October 5 .

.

58

30.090 24

. . 354
. . 135
. . 76
. . .

.

45,532 01

.

10,000 00

.

.

1,116 15

296

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC Funds.

City bonds :
City of Fall River 4s,

..

of Worcester 41s, .

Estimated

Par Value.

Market Value.

Amount Invested .

$ 5,000

$ 5, 100 00

$ 5 ,000 00

5 ,000

5,375 00

5 ,000 00

$ 10,000 $ 10,475 00

$10,000 00

BANK STOCK .
Atlantic Nat'l Bank, Boston, .
Boston Nat'l Bank , Boston , .
Columbian Nat'l Bank , Boston ,
Commerce Nat'l Bank , Boston ,
Continental Nat'l Bank, Boston ,
Eliot Nat'l Bank , Boston , .

Eagle Nat'l Bank, Boston ,
Globe Nat'l Bank , Boston ,
Hide and Leather Nat'l B ’k , Boston ,
Howard Nat'l Bank , Boston , .

$ 1,000
7 ,500
3 ,900
5 ,000
3 ,000
5 ,600
1 ,500
4 ,000
3 ,000

7,000

Merchants' Nat'l Bank , Boston ,

3 ,500

Manufacturers' Nat'l Bank, Boston ,

7 ,500
2 ,000

Market Nat'l Bank , Boston, . .
New England Nat'l Bank, Boston, .

4,000

North America Nat'l Bank, Boston ,

6,000
7,500

Redemption Nat'l Bank , Boston ,

Revere Nat'l Bank, Boston, . .
Republic Nat'l Bank, Boston , . .
Shawmut Nat'l Bank, Boston, . .
Shoe and Leather Nat'l B ’k , Boston ,
S . Weymouth N 'I B 'k , S . Weymouth ,

Second Nat'l Bank , Boston ,
Suffolk Nat'l Bank, Boston , . ..
Tremont Nat'l Bank , Boston , .
Webster Nat'l Bank, Boston, .

4,500
4,000
10 ,000
5 ,000
4 ,000
2 ,000
1 ,800
3 ,700
8 ,600

$ 5 ,860 00
8,887 50
5 ,070 00
5 ,962 50
3,461 00
6 ,608 00
1,691 25
4 ,280 00
3,307 50
8 ,510 00
4 ,917 50
7,818 75
2,000 00
5 ,400 00
6 ,660 00
9,825 00
5 ,175 00
5 ,005 00
10 ,975 00
5 ,256 50
5 ,200 00
3,002 50
2,128 50
4 ,227 00
9,309 50

$5 ,540 25
8 ,203 99
4 ,994 62

5 ,000 00
3,382 75
6 ,095 88
1,864 00
5 ,014 25
3,352 50
7 ,580 00

4 ,575 87
7 ,238 75
2,210 00
5 ,450 50
6 ,530 25
9 ,511 50

5 ,415
5 ,077
11,853
5 ,925

00
50
00
00

4 ,651 00
2,915 00

2 ,184 75

4,644 62
9 ,045 14

$ 118,600 | $140,568 00 $ 138,316 12

PUBLIC DOCUMENT — No. 8.

1883. ]

297

SPENCER SAVINGS BANK — SPENCER .
Incorporated 1871. Number of corporators, 26.
ERASTUS JONES, President.
A. T. Jones, Treasuror.
STATEMENT.
LIABILITIES.

Deposits, .
Earnings undivided ,

Guaranty fund,

.

ASSETS.

Publicstock
funds, .
$334,125 89 Bank
,

7,232 98
3,650 00 Railroad
Loans on bank stock ,
bonds,

$63,000 00

Loans on real estate , .

31,600
7 ,000
5,000
125 ,532

Loans on personal security , .

56,369 00

Loans
to counties, cities, or
towns, .

44, 250 00

.

Deposit
in banks on interest, :
Expense account, .
Premium account, .

.

.

$345,008 87

00
00
00
00

4 ,565 90
423 35

7,268 62

$345,008 87

- -

Loans on Bank Stock , amount on each :
On 10 shares Spencer National Bank, . .

.

$ 1,000 00

On 30 shares Spencer National Bank; 20 shares Manufacturers' National
Bank , Boston ; 10 shares Webster National Bank,Webster, . . .
Cash on Deposit in Bank : Spencer National Bank , . . . . . . . . . . .
Whole amount of interest or profits received or earned, . . . .
Rate and amount of each semi-annual dividend for previous 1 2 per cent., %
year, . . . . . . . . . .
52 per cent., 1

$6,000 00
$4,565 90
$ 16 ,264 02
6,507 23
5,860 66

Times for the dividends fixed by the by-laws: January and July .
The total amount of loans,with each specified rate of interest : $ 88,750 , 41

per cent.; $ 5,500, 5 per cent.; $2,500, 52 per cent ; $ 136,401, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 108
Aggregate amount of the same, .
107,107 00
1,290
Number of open accounts, . .
Number and amount of deposits received for previous year, . 1,507 91,658 46
Number and amount of deposits of and exceeding $300 at any one time
for the previous year, . . . . .
• 72 24,712 00
. 714
Number and amount of withdrawals, . .
66,084 86
. 379
Number of accounts opened the previous year, .
251
Number of accounts closed the previous year, .
900 00
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . .
20,000 00
Date of examination by commissioner : July 10 .

298

BANK COMMISSIONERS' REPORT. . [ Jan .
PUBLIC FUNDS.
Estimated

United States 4s, .

.

.

Par Value.

Market Value.

Amount Invested .

$ 12,000

$ 14,340 00

$ 12,000 00

5 ,000

5 ,000 00

5,000 00

3 ,000
3,000
2,000

3,022 50

3 ,000 00

3 ,397 50

10 ,000

2,120 00
10,000 00

3,000 00
2 ,000 00
10 ,000 00

10 ,000
12,000
1,000

10 ,000
12,345
1 ,190
5 ,000

10 ,000
12,000
1,000
5 ,000

City and town bonds:
City of New Bedford 4s, .
of Belfast, Me.,6s,

Bangor, Me., 7s,
of Springfield 7s, .
of Lynn 4s, .

4s,
Town of Peabody
Beverly

.

.
4s,
of
of Northampton 6s,

5 ,000
$63,000

of Hopkinton 4s, .

00
00
00
00

00
00
00
00

$66,415 00

$63,000 00

$ 300 00
2 ,000 00

BANK STOCK
Hide and Leather Nat'l B ’k , Boston ,

$ 300

$ 334 50

North Nat'l Bank, Boston ,
Commonwealth Nat'l Bank, Boston ,
Webster Nat'l Bank, Boston , . .
State Nat'l Bank , Boston ,
Redemption Nat'l Bank , Boston ,
Mechanics' Nat'l Bank , Worcester, .
City Nat'l Bank , Worcester, .
First Nat'l Bank, Worcester, .

2,000

2,582 50

5 .600

6 ,216
1 ,188
1,856
781

1 ,100

1,500

600

00
00
25
50

2,500

3,000 00

3 .200

3 ,776 00
1,920 00
705 00

1 ,200

500

Central Nat'l Bank , Worcester ,
Spencer Nat'l Bank , Spencer, .
Westborough N 'I B’k , Westborough ,
Leicester Nat'l Bank , Leicester ,

1 ,400

Webster Nat'l Bank , Webster,

2,500

8,500

700

9,350 00
749 00
1,610 00
2,500 00

$31,600 $ 36 ,568 75

5 ,600 00
1,100 00
1,500 00
600 00

2,500
3,200
1,200
500
8 ,500

CO
00
00
00
00

700 00
1,400 00
2 ,500 00

$ 31,600 00

RAILROAD BONDS.

Eastern Railroad, .

.

$5,000

$5,475 00

$5,000 00

PUBLIC DOCUMENT — No. 8 .

1883. ]

299

SPRINGFIELD FIVE CENTS SAVINGS BANK - SPRINGFIELD .
Incorporated 1854. Number of corporators, 40.

Joseph C. Pynchon, President.

Daniel J. MARSH, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS .

$ 1,576 ,993 26 i Public funds, .
Deposits,
. :.
Earnings undivided,
3,170 89 Bank stock ,
20,000 00 Loans
on banks
Real estate

$ 68,500 no

.

80,600 00

Guaranty fund,

14,700 00
139,721 94

,

keal estate by foreclosure , .
Loans on real estate, . .
Loans on personal security ,

97 ,975 00
881,285 00
273,850 00
28 ,000 00

Depos
it in banks on interest, .
Expen accou
se
nt,
Personal property,
Premium account,
Profit and loss, .

41 13

.

.
.
.

6 ,000 00
3,037 50
5 ,226 06
1,227 52

.

Cash on hand,

$ 1,600,164 15

$1,600, 164 15

Loans on Bank Stock , amounton each :
On 28 shares First National Bank, Springfield ; 8 shares Second National

Bank, Springfield, and 5 shares Third National Bank, Springfield, .

. $ 4,100 00

On 20 shares City National Bank, Springfield , and 10 shares Chapin Na
tional Bank , Springfield ,

.

.

.

.

.

.

.

.

.

On 5 shares Palmer National Bank, Palmer,

.

.

.

.

On 3 shares Third National Ban

· · ·

On 30 shares City National Bank, Springtield , . . . . .
On 6 shares Second National Bank, Springfield , . . . . . ..
On 20 shares Third National Bank, Springfield , . . . . . .
On 5 shares Monson National Bank, Monson , . . .
On 10 shares Third National Bank , Springfield ; 10 shares Boston and

3,000 00
3,000 00
600 00
600 00
500 00
300 00

300 00

Albany Railroad, and 15 shares New York and New Haven Rail
. . . . .
. . . . .
.
.
. . . . .
.
. . . .

2,000 00
.
300 00
. $ 139,721 94
• 139,721 94
97,975 00
. 84,600 00
6,660 15
. 2,151 25

.
.

. $ 10,000 00
. 10 ,000 00
. 8 ,000 00

. . . . .

On 15 shares First National Bank , Springfield ,
Invested in real estate (for banking purposes),
Estimated value of the same, . . . .
Amount ofrealestate held by foreclosure, .
Assessed value of the same, . . . .
Amount of income received from the same, .
Amount of municipaltax on realestate, .

: : . . . ..

road ,

Cash on Deposit in Banks, amount in each :
Agawam National Bank, Springfield , .
Second National Bank, Springfield , . .

.
.

.
.

.

.
.

.
.

Pynchon National Bank , Springfield , . . . . .
.
Whole amount of interest or profits received or earned, . . . . $69,804 39
Rate and amount of each semi-annualdividend for previous / 14 per cent., I 20,782 11
year, . . . . . . . . . . S2 per cent., ? 28,843 69
Times for the dividends fixed by the by -laws : January 15 and July 15 .
Average annual per cent.of dividends for the term ending at timeof, and
including, last extra dividend : 7.

BANK COMMISSIONERS REPORT.

300

[Jan.

The totalamountof loans, with each specified rate of interest: $1,169,835,
5 per cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000
.
.
.
each , . . .
. .
.· ·.
.
· 207
Aggregate amount of the ·same,· .· ·. . . . . . . .
Amount of investments from which no incomeis received, . . . .
Number of open accounts, . . . . . . . . 6,176
Number amiamount of deposits received for previous year, . 6,489
Number and amount of deposits of and exceeding $ 300 at any one time
for theprevious year, . . . . . . .
. . 382
Number and amount of withdrawals, . . . . . .. .4,065
Number of accounts opened the previous year, . . . . 1,406
Number of accounts closed the previous year, . . . .
1,014
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, .

.

.

.

.

.

.

.

.

$ 295,485 00

15 ,900 00
502,486 10
239,182 45

402,845 48
4,945 00
30,000 00

Date of examination by commissioner : September 28 .

PUBLIC Funds.
Par Value.

Estimated
Market Value.

Amount Invested.

United States old 6s, registered ,

$ 10,000

$ 10,100.00

$ 10 ,000 00

"

4s, registered , . .

833 00

"

4s, continued, .

"

4 's, continued , . .

700
50,200
600

700 00
50 , 200 00
600 00

59,738 00

678 00

City bonds :

City of Springfield water bonds,

7,000
8,050 00
$68,500 $79,399 00

7,000 00
$68,500 00

BANK STOCK .
Agawam Nat'l Bank, Springfield , . $ 12,000 $ 15 ,000 00
. ] 12,000
15 ,000 00
Jolin Hancock N 'I Brink , Springfield, 11,500 13 ,800 00
Pynchon Nat'l Bank, Springfield , . 10,900 18,530 00
7 ,000 10,850 00
Chicopee Nat'l Bank, Springfield , .
City Nat'l Bank, Springfield , .
5 ,000
6 ,250 00
Second Nat'l Bank, Springfield,
8,160 00
4,800
Ware Nat'l Bank , Ware, . .
5 ,500
6 ,325 00
5 ,600
City Nat'l Bank, Worcester, .
6 ,440 00
3 ,800
5 ,890 00
First Nat'l Bank , Chicopee, .
Hadley Falls Nat'l Bank, Holyoke, .
1 ,500
2,250 00
1 ,000
Monson Nat'l Bank,Monson , .
1,500 00
$ 50,600 $ 109,995 00
Chapin Nat'l Bank, Springfield ,

$ 12,000 00
12,000 00

11,500
10 ,900
7 ,000
5 ,000
4 ,800

00
00
00
00
00

5 ,500 00
5 .600 00

3 ,800 00
1,500 00

1,000 00
$80,600 00

1883.]

PUBLIC DOCUMENT — No. 8.

301

SPRINGFIELD INSTITUTION FOR SAVINGS - SPRINGFIELD.

Incorporated 1827. Number of corporators,66.
J. M . THOMPSON, President.

HENRY S. LEE, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS.

Deposits, . .
$ 7 ,611,100 17 | Public funds, .
Earnings individed. I
73,098 73 Loans on public funds,
Guaranty fund,
110 ,000 00 Bank stock,

$ 2,328 ,100 00
17,250
762,800
108,300
368,000
2,800
28,750
104,500
99,750
2,441,000

Loans on bank stock ,
Railroad bonds,

Loans on railroad bonds, .
Loans
on railroad stocks, .
Real estate ,
Realestate by foreclosure,
Loans on real estate, . .
Loans on personalsecurity ,

.
.

753,950 00

Loans
counties,
cities, or
townsto
, .
.

343,000 00
299,000 00
89,517 84
44 ,451 06

Deposit in banks on interest, .
Premium account, .
Cash on hand , . .

.
.

00
00
00
00
00
00
00
00
00

.

$ 7,794,198 90

$7,794,198 90
Loans on Public Funds, amount on each :
On $ 6 ,000 United States 48, 1907, .

.

.

.

On $ 12,000 United States 4 's, 1892,. . . .

.

.

.

. . .

.

$ 5 ,250 00

.

12,000 00

Loans on Bank Stock , amount on each :

On 252 shares First National Bank , Springfield , . .
On 76 shares Second National Bank, Springfield , . .
On 50 shares Third National Bank , Springfield, . .
On 49 shares Agawam National Bank, Springfield, .
On 20 shares Chapin National Bank, Springfield, .
On 217 shares Chicopee National Bank, Springfield , .
On 155 shares City National Bank, Springfield , . .
On 53 shares John Hancock National Bank, Springfield , .

$ 22,100 00

On 16 shares Pynchon National Bank, Springfield , .
On 30 shares Holyoke National Bank, Holyoke, . .

.

.

.

5 shares City NationalBank , Holyoke, . . . .
8 shares Hadley Falls National Bank, Holyoke, . . .
40 shares Northampton National Bank, Northampton , .
10 shares Hampshire County National Bank,Northampton,.
10 shares First National Bank , Amherst, . . . .
10 shares Franklin County National Bank , Greenfield, . . .
25 shares Lee National Bank , Lee, . . . . . .
28 shares First National Bank , Westfield, . . . .
.

.

.

..

..

.

.

On 20 shares Redemption National Bank, Boston , .

. .

.

On 100 shares Palmer National Bank, Palmer, .
On 30 shares Eagle National Bank, Boston , .

.
.

.

. · · · · · · · · · ·

On
On
On
On
On
On
On
On

. . . . . . . .

· · · · · · ·

7,300 00

5,000 00

.

5,400 00
1,700 00
18,900 00
14 ,800 00
5,100 00
1,550 00
3,000 00
500 00
800 00
1,100 00
1,000 00
1,000 00
1,000 00
1,750 00

2,800 00
. 10,000 00
1,500 00
.
. . 2,000 00

Loans on Railroad Bonds:

On $3,000 Boston and Albany Railroad 78, . . . . . . . $ 2,800 00

302

BANK COMMISSIONERS' REPORT.

Loans on Railroad Stocks, amount on each :
On 4 shares Boston and Albany Railroad , . .

.

.

On 285 shares New York , New Haven and Hartford Railroad ,
Invested in realestate (for banking purposes), . . .
Estimated value of the same, . . . . . . .
Amount of real estate held by foreclosure, . . . .
Assessed value of the same, . . . . . . .
Amount of incomereceived from the same, . . . .
Amount of municipal tax on real estate,

.

[ Jan .

.

.

..

$ 250 00

.
.
.
.
.
.

.
.
.
.
.
.

.
.
.
.
.
.

28,500 00
$ 104,500 00

. .
..

.

.

.

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

.

Chicopee NationalBank , Springfield , . .
City National Bank , Springfield , . . .
John Hancock National Bank , Springfield, .
Athol National Bank , Athol, . .

.

.

Franklin County National Bank,Greenfield , . . . .
City National Bank, Holyoke,. . . . . . . .
First National Bank, Northampton, . . . . . .
Hampshire County National Bank, Northampton , . . .

.
.
.

Palmer National Bank, Palmer,

.

. . . ..
Whole amount of interest or profits received or earned ,

.
.

.

. $32,000
. . 62,000
45,000
40,000

· · · · ·

Cash on Deposit in Banks, amount in each :
Agawam National Bank , Springfield , . . .

..

74,800 00
2,011 25
2,198 12

.
.
.

104,500 00
99,750 00

00
00
00
00

10 ,000 00

10 ,000 00
10,000 00

30,000 00
25,000 00

.

15,000 00
. $ 393, 285 16

Rate and amount ofeach semi-annual dividend for previous / 2 per cent., , 142,274 35
2 per cent., 143,808 75
year, . . . . . . . . .
Times for the dividends, fixed by the by- laws: January 1 and July 1.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 7.
The total amount of loans, with each specified rate of interest: $ 126 ,000
4 per cent.; $ 10,000, 41 per cent.; $ 35,000, 41 per cent.; $ 3,271,350, 5
per cent. ; $ 65,700, 5 . per cent.; $ 20 ,000 , 6 ) per cent.; $ 170,000, 7 per
cent.

Number of outstanding loans which are ofan amountnot exceeding $ 3,000
. . 760
. . .
each , . . . . . .
Aggregate amount of the same, .
Amount of investments from which no income is received, . . . .
Number of open accounts , . . . . . . . . 19,264
Number and amount of deposits received for previous year, . 18,655
Number and amount of deposits of and exceeding $ 300 at any one time
1,411
for the previous year, . . . . .
Number and amount of withdrawals , . . . . . . 14 ,064
3,603
.
Number of accounts opened the previous year, .
Number of accounts closed the previous year,

.

Amount of expenses of the corporation during previous year,. .
Amountof treasurer's bond, . . . . . .
.

Date of examination by commissioner : September 11.

948,000 00
28,650 00
1,736 ,727 75
961,612 61
1,759,844 85

2,879
.
.

.
.

13,638 42

30,000 00

1883. ]

303

PUBLIC DOCUMENT — No. 8.
PUBLIC FUNDS.
Par Value.

Estimated
Market Value.

United States bonds, . . . $780,600 $888,918 00
State, city, and town bonds :
.
.
of New Hampshire , .

State of Maine,

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

of Massachusetts, .
of Rhode Island, .
of Connecticut,

City of Bangor, Me.,
of Boston ,
.
of Cambridge , ·
of Charlestown,
of Chelsea ,
of Fitchburg ,
of Holyoke,
of Lawrence , .

of Lowell,
of Lynn , .

of New Bedford ,
of Newbury port,
of Newton ,
of Salem , :

of Springfield , .
of Taunton ,

.

of Worcester, .

of Somerville, .

of Providence, R .I., .

. . . . . . . . . .

of Hartford, Conn., .
of Meriden , Conn.,
of Middletown, Conn .,
of New Haven , Conn.,
of Norwich , Conn ., . .
of Waterbury, Conn.,
Town of Brookline, . .
of Danvers ,

of Greenfield ,

of Pittsfield, .

.

118,500

132.720 00

160 ,500
104,500
4 ,000
17,000
10,000
20 ,000
46 ,000
5 ,000
40 ,000
10 ,000
85 ,000
25 ,000
10,000
20 ,000
56 ,000
5 ,000
40 ,000
20,000
208 ,000
20,000
40 ,000
10 ,000
50,000
76 ,500
10,000
7 ,000
49 ,000
25 ,000
14 ,000
30 ,000
20 ,000
50 ,000

185 ,580
120,175
4 , 240
18 ,080
11,800
25 ,000

30 ,000

00
00
00
00
00
00

52.900 00

5 ,900 00

46 ,000 00
11,400 00
103 ,320 00
30 ,000 00

11,700 00
23,400
74 ,700
5 ,350
47 .600
20,800
261,160
23,400
48,000
10 ,500

00
00
00
00
00
00
00
00
00

63,600 00
84 ,915 00

11,200
7,490
58,070
31,250
16 ,800
34,900
23 ,400

00
00
00
00
00
00
00

52,000 00

31,200 00

AmountInvested .

$852,600 00
128 ,500
172,500
111,000
4 ,000
17 ,000
10,000
20 ,000
46 ,000
5 ,000
40 ,000
10 ,000
85 ,000
25,000
10 ,000
20 ,000
61,000
5 ,000
40,000
20,000
208 ,000
20 ,000
40,000
10,000
54,000
76 ,500
10,000

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

7 ,000 00
49,000 00

25 ,000
14,000
30 ,000
22 ,000
50,000
30,000

00
00
00
00
00
00

$2,216,600 $2,577,468 00 $2,328,100 00
BANK STOCK.
First Nat'l Bank, Springfield , .
Second Nat'l Bank, Springfield ,
Third Nat'l Bank, Springfield ,.
Agawam Nat'l Bank, Springfield ,
Chapin Nat'l Bank, Springfield,
Chicopee Nat'l Bank, Springfield ,
City Nat'l Bank, Springfield , . .

John Hancock N 'I Bank, Springfield,

Pynchon Nat'l Bank, Springfield, :

$ 13,600
35,700
34,700
26 ,500
20 ,000
48,500
19,500
15 ,700

30,200

$67,580 00

58 ,905 00
62,460 00
34 ,450 00
25 ,600 00

77,600 00
23,400 00
18 ,055 00
49,830 00

$ 53 ,300
46,000
49,700
27.000
21,000
58 ,300
20 ,000
15 ,700
43,700

00
00
00
00
00
00
00
00
00

304

BANK COMMISSIONERS' REPORT .

[ Jan.

BANK STOCK — Concluded.
Par Value.

Franklin
Co. Nat'l Bank,Greenfield ,
First Nat'l Bank Adams,

,
. .
First Nat'l Bank , Chicopee, .
First Nat'l Bank , Easthampton,

Wachusett Nat'l Bank, Fitchburg ,
Hadley Falls Nat'l Bank, Holyoke, .
Holyoke Nat'l Bank, Holyoke, .
First Nat'l Bank, Leominster, .
Monson Nat'l Bank , Monson , .
First Nat'l Bank , Northampton,

.
.
.

Hampshire Co. N 'I B’k , Northampt'n ,
Northampton N 'I B ’k , Northampton,
Palmer Nat'l Bank, Palmer, .
Ware Nat'l Bank, Ware, .
Hampden Nat'l Bank, Westfield , .
Phønix Nat'l Bank, Hartford , Conn.,
Exchange N 'I Bank ,Hartford ,Conn.,
First Nat'l Bank, Boston, .
Second Nat'l Bank , Boston, .
Atlantic Nat'l Bank, Boston , ..
Atlas Nat'l Bank, Boston,
Blackstone Nat'l Bank, Boston ,
Columbian Nat'l Bank , Boston ,
Eliot Nat'l Bank, Boston,
Freeman 's Nat'l Bank , Boston,
Hamilton Nat'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 Nat'l Bank, Boston,
City Nat'l Bank , Boston , .

Eagle Nat'l Bank, Boston ,
Exchange Nat'l Bank , Boston, .
Revere Nat'l Bank , Boston ,
Union Nat'l Bank , Boston ,
North Nat'l Bank, Boston ,
Old Boston Nat'l Bank, Boston,
Shawmut Nat'l Bank , Boston , .
State Nat'l Bank, Boston,
Suffolk Nat'l Bank , Boston , . .
Tremont Nat'l Bank, Boston, . .
Washington Nat'l Bank , Boston ,
Webster Nat'l Bank ,Webster, .
Hide and Leather Nat'l Bik , Boston ,

Estimated
Market Value.

Amount Invested.

$ 11,500 00
4 ,050 00
33,600 00
1,875 00
9,000 00
5 ,100 00
3 ,600 00
11,000 00
6,960 00
2,500 00
3,600 00
13, 125 00
28 ,080 00
3,375 00
3,750 00
2,184 00
760 00
10 ,100 00
30,400 00
15 ,000 00
18 , 150 00
15, 900 00
13,000 00
3,540 00
23,000 00
17 ,550 00
16 ,226 00
20 ,850 00
3,250 00
4 ,403 00
2,220 00
19,775 00
32,500 00
17 ,850 00
5 ,700 00
2,560 00
17 ,100 00
6 ,020 00
26 ,000 00
8 ,120 00
11,100 00
8,925 00
7,500
5 ,800 00
5,000
15 ,000 | 17 ,100 00
3 ,000
4 ,050 00
7 ,500
8 ,550 00
3,400
3,842 00

$ 10,000 ( 0)
2,700 00
25,000 00
1 ,500 00
5 ,000 00
3,400 00
3,000 00
10 ,000 00
4,800 00
2,000 00

$688,600 $950,520 00

$762,800 00

$ 10 ,000
2,700
21,000
1,500
5 ,000
3,400
3,000
10,000
4,800
2 ,000
3,000
7,500
21,600
2,700
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
15 ,000
4 ,300
20 ,000
7 ,000
10 ,000

3,000 00
10,000 00)
25 ,000 00
2,700 00
2,500 00
1,300 00
500 00
5 ,000 00
20,000 00
10 ,000 00
15 ,000 00
15 ,000 00
10 ,000 09
3,000 00
20 ,000 00
15 ,000 00
13,300 00

15 ,000
2,500
3,700
2,000

00
00
00
00

17,500
25 ,000
15,000
5 ,000
2,000
15,000
4,300
24 ,000
7,000
10 ,000
7,500
5,000

00
00
00
00
00
00
00
00
00
00
00
0

15,000 00
3 ,000 00

7 ,500 00
3,400 00

1883 .]

PUBLIC DOCUMENT — No. 8.

305

RAILROAD BONDS.
Estimated

Par Value.

Boston and Albany Railroad , .
Boston and Maine Railroad , .
Connecticut River Railroad, .

Market Value. AmountInvested.

$230,000 $ 278 ,560 00
25,000 31,000 00
100,000 100,000 00

$ 238 ,000 CO
30 ,000 00

100,000 00

$ 355,000 $ 109,560 00 $ 368,000 00

306

BANK COMMISSIONERS' REPORT.

[Jan.

STOCKBRIDGE SAVINGS BANK - STOCKBRIDGE.

Incorporated 1871. Number of corporators, 17.
C . H . WILLIS, Treasurer.
Mason Van Deusen , President.
STATEMENT.

LIABILITIES,

Deposits , .

Earnings fund
undivided
,
Guaranty
,
Premiums
,

ASSETS.

$ 146,186
67 | Public funds,
790 70 | Loans on public funds, .
1,022 78 Bank stock ,
87 13 Real estate by foreclosure , .
Loans on real estate ,. .
Loans on personal security , .

$ 6 ,660 00
200 00
21,812 50
2,7 47 54

89,639 53
15 ,122 00

Loans
to counties, cities, or
towns,

1,000 00

10 ,905 71

Cash on hand and in bank

$ 148,087 28

$ 148,087 28

Loans on Public Funds :

On $ 200 United States6s, . . .
Amount of real estate held by foreclosure,
Assessed value of the same, . . .
Amount of incomereceived from the same,

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

.

.

.

.

.

. . $ 200 00
. . $ 2,747 54
. . 1,525 00
215 00
.. ..
16 17
.

.

.

.

.

.

.

. $ 10,411 54

Whole amount of interest or profits received or earned ,

,

.

Amount of municipal tax on real estate,
Cash on Deposit in Bank :

Housatonic National Bank , Stockbridge,

$7,326 15

Rate and amount of each semi-annual dividend for previous 1 24 per cent., 2,549 21
J 23 per cent.,
2,921 98
year, . . . . . . . . . .
Times for the dividends fixed by the by-laws: first Thursday in April
and October.
Average annual per cent.of dividends for the term ending at time of, and
including, last extra dividend : 44.
The total amount of loans, with each specified rate of interest: $62,897.13,
6 per cent.; $ 15,205, 7 per cent ; $ 27,859.40, 7 % per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each , . . . . . . .
: : 169
Aggregate amount of the same,
77,861 53
Number of open accounts , . . . . . . . . . 443
Number and amount of deposits received for previous year, . . 380 65,030 52
Number and amount of deposits of and exceeding $300 at any one time
for the previous year, . . . . . . . . . . 73 45,576 73
Number and amount of withdrawals, . . . . . . . 163 28,696 79
Number of accounts opened the previous year, . . . . . 162
Number of accounts closed the previous year, . .
. . 53
828 11
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . . 15,000 00
Date of examination by commissioner : August 2.

1883. ]

PUBLIC DOCUMENT — No. 8 .

307

PUBLIC FUNDS.
Estimated

City and town bonds :
City of Cincinnati 6s, .
Town of Adams, . .

Par Value.

Market Value.

Ainount Invested.

$ 4,000
2 ,000

$ 1,810 00

$ 4,840 00

2 ,360 00

1,820 00

$6,000

$7,200 00

$6 ,660 00

BANK STOCK .

First Nat'l Bank , Adams, .

First Nat'l Bank, Woburn ,
North Nat'l Bank, Boston, .
Metropolitan Nat'l Bank, Boston,
Exchange Nat'l Bank, Boston, .

$ 3,750 00

$ 2,970 00

11,250 00
2 ,640 00
2,460 00
2,610 00

11, 162 50
2,630 00
2,440 00
2 ,610 00

$ 16 ,000 $22,710 00

$21,812 50

$ 2,500
7 ,500
2,000
2,000
2 ,000

308

BANK COMMISSIONERS' REPORT.

[Jan.

STONEHIAM FIVE CENTS SAVINGS BANK - STONEHAM .
Incorporated 1855 . Number of corporators, 47.

LYMAN Dike, President.

Onslow Gilmore, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS.

Deposits, . .
Earnings undivided .
Guaranty fund,

$ 125,000 00

8367, 906 73 | Public funds, .

10 ,119 86 Loans on bank stod
6 ,798 51 Railroad bonds,

425 00
11,000 00
23 .098 00
120 , 309 73

Real
estate by foreclosure,.
Loans on real estate,
Loans on personal security ,

22,200 00

Loans to counties, cities, or

69,000 00

towns,

.

Deposit in bank on interest, .

8,998 27
1,413 31

Expense account,
Profit and loss, .

758 24

2 ,652 55
$ 384,855 10

Cash on hand ,

$ 384,855 10
Loans on Bank Stock :

.

$425 00

.
.

23,098 00
30,000 00

.
.

.
.

.
.

.
.

,
.

.

.
.

. . . .
. . . .

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

.
.

. . .

.

On 10 shares Exchange National Bank, Boston , . . . . .

830 00
.

.

543 66

Cash on Deposit in Bank :

Blackstone National Bank, Boston , . . . . . . . . $ 8,998 27
Whole amount of interest or profits roceived or earned , . . . . $ 18,347 67
Rate and amount of each semi-annual dividend for previous ? 2 per cent., S 6,025 36
year, . . . . . . . . . . . 2 per cent., 1 6,283 64

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 : 47.

The total amount of loans,with each specified rate of interest: $ 132,000,
4 per cent.; $ 28,000, 44 per cent.; $ 32,000, 5 per cent.; $70,960, 6 per
cent.; $5,000, 6 per cent.; $79,974, 7 per cent.
Number ofoutstanding loans which areofan amountnot exceeding $ 3,000
.

.

.

.

.

.

.

Aggregate amount of the same,

each ,

.

.

.

.

.

.

.

.

.

.

. 140

.

.

.

98,734 00

Amount of investments from which no income is received , . . . .
525 00
Number of open accounts, . . . . . . . . 1,718
Number and amount of deposits received for previous year, . 1,825 128,927 24
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 996 4,503 34
Number and amountof withdrawals, . . . . . . 1,110 104,018 03
Number of accounts opened the previous year, . . . . . 279
Number of accounts closed the previous year, . .
. . 48
Amountof expenses of the corporation during previous year, . . . 1,220 00
Amount of treasurer's bond, . . . . . . . . . . 15,000 00
Date of examination by commissioner : May 8.

1883.]

PUBLIC DOCUMENT — No. 8.

309

PUBLIC FUNDS.
Par Value.

County of Strafford, N . H ., 4s,.
City and town bonds :
City of Somerville 6 s, .
of Haverhill 6s, .
Town of Arlington 6s, .
Sheldon , Vt., 41 , .

of Columbus, O .,4s,

of Beverly 4s,

.

5 ,000
· · · · · · ·

of Boston 4s, .

of New Bedford 4s, .

5 ,000

.
.

45,000
20,000
10 ,000
10,000
10 ,000

10,000

Estimated
Market Value.

AmountInvested .

$10,500 00

$ 10,137 00

5 ,500
5 ,650
47 ,250
20 ,800

00
00
00
00

11,500 00

10 ,400 00
10 ,500 00

10,400 00

5,100 00
5 ,500 00
45,000 00
20 ,500 00
11,000 00

10,400 00
10 ,375 00
10, 250 00

$ 125,000 $ 132,500 00 $ 128 ,262 00
RAILROAD BONDS.
Boston, Clinton ,and Fitchburg R . R .
Boston ,Revere Beach and Lynn R .R .,

$ 10,000
1,000

$ 11,700 00

$ 11,487 00

1,122 50

1 ,122 50

$ 11,000 $ 12,822 50

$12,609 50

BANK COMMISSIONERS' REPORT.

310

[ Jan .

SUFFOLK SAVINGS BANK FOR SEAMEN AND OTHERS – BOSTON.
Incorporated 1833. Number of corporators, 180.
Tuomas LAMB, President.

CHARLES Henry PARKER, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS.

Deposits, . . $ 15,938,313 68 || Public funds, .
67,813 00 Loans on public funds.
Earnings undivided , 15,93
196 ,562 09 Bank stock ,
Guaranty accou
fund, .
Premium
nt, .
19,201 67 Loans on bank stock ,
Note payable, .
Rents

foreclosure,
Real estate by estate
,. .
Loans on real
Loans on personal security, .

107,000 00
673,055 74
17,000 00
623,664 00
450,000 00
180,173 00
106 ,653 27
4 ,943,468 66
5 ,311,391 15

to counties, cities, or
Loans
towns, .
Deposit in banks on interest, .

2,562,571 73

30 ,000 00

.

$ 1,042,000 00

Railroad bonds,

6,987 24 || Loans
on railroad notes, .
Real estate ,

,

70,000 00

Deposit in banks not on inter
est, .

.

56,378 18

.

Expense account,
Casb on hand, .

2 ,353 37
83,168 58

.

$ 16 ,258,877 68

$ 16,258,877 68

Loans on Public Funds, amount on each :

On $ 20,000 City of Boston 6s,. . . . . . . . . . $ 20,000 00
On $ 9,000 United States 44s, and $ 1,000 United States is, . . . . 10,000 00
On $ 4,000 State of Maine bonds,and $ 1,000 Boston and Maine Railroad
bonds, .

.

.

.

.

.

.

.

8,000 00

.

On $ 10,000 United States 4s, . . .
On $ 8,000 United States 4s, . .
On $ 1,000 State of New Hampshire bonds, $ 2,000 State of Massachusetts
bonds, $ 10,000 United States 4s, $ 6 000 City of Providence bonds, $ 3,000

10 ,000 00

8,000 00

City of Cambridge bonds, $ 26,000 Boston, Fall River, Taunton , Bangor,
and other city and town bonds, .

.

.

.

.

.

.

.

.

51,000 00

Loans on Bank Stock, amount on each :

On 160 shares Commonwealth National Bank , Boston, . . . . $ 15,000 00
On 25 shares Mechanics' National Bank, Boston, . . . . . . 2,000 00
Loans on Railroad Notes, amount on each :
. . $ 200 ,000 00
Note of the Fitchburg Railroad Company, . . . .
Note of the Boston , Clinton , Fitchburg, and New Bedford Railroad (with
a principal and two suretics),

.

.

.

.

.

.

.

.

. 250,000 00

Invested in real estate (for banking purposes), . . . . . . $ 180,000 00
. . .
. . . . 180,000 00

Estimated value of the same, .

.
.
.

.
.

Amount ofmunicipal tax on real estate, .

.

. . .

Cash on Deposit in Banks, amount in each :
. . .
. . .

New England National Bank, Boston, .
Columbian National Bank, Boston , .

.
.

.

.

.

.

· · · ·

Amount of real estate held by foreclosure, .
Assessed value of the same . . . .
Amount of income received
the same,
sunne, ..
rom me
ved from

.

. 106 ,653 27

.

. 126,000 00
4,721 57
.

.

. .

5,425 38

.

. 8109, 179 73

.

.

37,198 45

PUBLIC DOCUMENT — No. 8.
.

.

.

.

.
.

Freeman's NationalBank , Boston, . . .
Blackstone National Bank, Boston ,
Wachusett National Bank , Fitchburg, . .
Continental National Bank, Boston ,
Globe National Bank , Boston, .

.

Market National Bank, Boston, .

.

Boston,, . .
Bank,, Boston
Revere National
al Bank
Tremont National Bank, Boston, . .
North America National Bank, Boston, .
Republic National Bank , Boston , .

.

.

.

311

.
.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

. $ 197,599 85

· · · · · · · · · · · ·

First National Bank , Salem , .

.

. .

.

First National Bank, Newburyport,
North National Bank , Boston , .

. . . . . . .

Shawmut National Bank , Boston, .

· · · · · · · · · · .
· · · · · · · · · · · ·

1883.]

35 ,000 00
150,184 89
.

.

.

.

.

.

.

.

.

30,000 00

200,000 00
222,481 69
75 ,000 00
103, 157 28
202,213 87
202,771 88
303,924 77
200,237 50
100,000 00
150,000 (0

Whole amount of interest or profits received or earned, . . . . $ 739,862 53
Rate and amount of each semi-annualdividend for previous / 2 per cent., 285,273 58
2 per cent., l 290 ,892 49
year, . . . . . . . . . .
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 timeof,and
including, last extra dividend : 516o.
The total amount of loans, with each specified rate of interest: $ 30,000,
3. per cent.; $ 1,479,100 , 4 per cent. ; $ 200 ,000, 4 } per cent.; $ 3,500,658.66 ,
44 per cent.; $ 3,099,891.15,5 percent.; $ 531,000, 54 per cent.; $ 1,822, 260,
6 per cent.; $ 4,000,6 ), per cent.; $ 262,950, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
. . . . 71
each, . . . . . . . .
. . 168, 160 00
Aggregate amountof the same, . . . . . .
Number of open accounts, . . . . . . . . 38,640
Number and amount of deposits received for previous year, . 38,599 3,579,896 00 Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . .
3,012 1,673,858 00
.

.

.

.

27,220 3 ,227,396 64 -

Number of accounts opened the previous year, .

Number and amount of withdrawals, .

.

.

.

.
.

7,461
4,745

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 : December 14 .

.
.

. . 28,645 58
20,000 00

.

PUBLIC FUNDS.
Estimated
Par Value.

United States 4s, . .
*
" 4! , . .
"
" 3is, . .
City bonds:
City of Worcester 6s, . .
of New Bedford 6s, . .
of Manchester, N . H ., 5s, .

Market Value.

Amount Invested .

$500,000 $597 ,500 00
300 ,000 | 339,000 00
200 ,000 203,500 00

$500,000 00
300 ,000 CO
200,000 CO

20 ,000

10 ,000
12,000

20 ,800 00
12, 150 00

12,060 00

20 ,000 00

10,000 00
12,000 00

$1,042,000 $ 1,185,010 00 $ 1,042,000 00

312

BANK COMMISSIONERS' REPORT.

[Jan .

BANK STOCK .
Estimated
Par Value.

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 Nat'l Bank, Boston ,
Continental Nat'l Bank, Boston,
Eagle Nat'l Bank , Boston , .
Freeman 's Nat'l Bank, Boston ,
Globe Nat'l Bank, Boston ,

..

Hamilton Nat'l Bank , Boston , .

llide 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 , .
Old Boston 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 Nat'l Bank , Boston , . .
Shoe and Leather Nat'l B ’k , Boston ,

$ 8 ,500
65 ,400
13,125
3,000

21,100
49 ,200
16 ,900
13 ,800
46 ,100
4 ,800

7 ,700
15 ,000
21,100
15 ,000
15 ,000
65,800
5 ,000
1 ,100
5 ,000
5 ,000
15,000
10 ,000
40 ,000
24 ,100

Suffolk Nat'l Bank, Boston , .
Tremont Nat'l Bank, Boston, . .

11,100
13,300
13,600
18 ,700

Union Nat'l Bank , Boston ,
Washington Nat'l Bank, Boston ,

10 ,000
15 ,000

Webster Nat'l Bank, Boston, . .

61,700

State Nat'l Bank , Boston ,

.

Market Value. Amount Invested.

$ 12,792
79, 134
21, 175
3,540
25 ,109
54 ,120
20 ,111
16 ,353
52,093
5 ,568
8 ,239
17,700
23,210
18 ,300
15,000
92,449
5 ,750

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

1,485 00
6 , 100 00

6 ,100
19,650
12,500
45,600
26 ,836
11,710
* 15 ,960
16 ,048
21,318
14 ,000
20 ,400
66 ,944

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

$ 12,601
66 ,112
13, 125
3 ,375
22, 199
49,200
17,700
15 ,750
47 ,525
5 ,698
8 ,585
15 ,000
24 ,064
17,650
15,000
71,143

25
50
00
00
87
06
00
00
00
87
50
00
25
00
00
50

5 ,000
1,100
6 ,125
5,000

00
00
00
00

19,962 50
12,750 00
41.893 75

26 ,721 25

11,221 00
13 ,648 00
16 ,348 75
20,481 00
10 ,000 00
15 ,000 00
63,484 25

$630,425 $755,295 50 $673,055 74
RAILROAD Bonds.
Old Colony Railroad 6s, .

.

$ 200,000 $ 232,000 00

Fitchburg Railroad 59, .

.

384 ,000 426 ,240 00
$ 584,000 $658 ,240 00

$ 200,000 00
423,664 00
$623,664 00

1883. 7

PUBLIC DOCUMENT — No. 8.

313

TAUNTON SAVINGS BANK - TAUNTON .
Incorporated 1869. Number of corporators, 112.
John E . SANFORD, President.
Henry R . Wood, Treasurer.
STATEMENT.
LIABILITIES.

Deposits, .

ASSETS.

. . . $ 1,186 ,844 14

Public funds, .

.

$ 119,036 72

31,554 23 Loans on public funds,
19 ,835 72 il Bank stock , .

Earnings undivided ,
Guaranty fund, .
Suspense account, .

2,804 93

.

500
79,208
1,200
150

Loans on bank stock ,
Loans on railroad stock , .

00
12
00
00

37 ,493 44
527,487 92
404,610 86

Real estate by foreclosure,
Loans on real estate, . .
Loans on personal security , .
Loans
to counties, cities, or
towns,

5 ,000 00
1,107 16

27 ,407 31

Deposit in banks on interest,
Expense account, . .
Manufacturing
stocks,
Loans on bank books,
Furniture,
safe,
Profit and lossinetc.,
d in .bank ,

.

5 , 100 00

. 600 00
3, 173 89
592 73

31,370 87

Cash on band and in

$ 1,244,039 02

$ 1,244,039 02
Loans on Public Funds:

.

$500 00

On I share Taunton National Bank, Taunton , .
On 5 shares Massasoit National Bank,and 9 shares Fall River National
Bank, Fall River, . . .
. . . . . . .
Loans on Railroad Stocks : ---

$ 100 00
1,100 00

On 2 shares Boston and Providence Railroad ,

$ 150 00

On $500, United States 4s,

. .

.

.

.

.

.

.

.

Loans on Bank Stock , amount on each :

.

.

.

:
:

.

. . . . $ 37,493 44
.

.

.

.

.

.

. . .
. . .

Amountof real estate held by foreclosure, . . .
Assessed value of the same, .

.

.

.

Amount of income received from the same, . . . . . . .
Amount ofmunicipaltax on real estate, . . . . . . .
Cash on Deposit in Banks,amount in each :
Maverick National Bank , Boston, . . . . . . . . .
National Bank of the Republic, Boston, . . . . . . .
Taunton National Bank, Taunton, . . . . . . . . .
Whole amount of interest or profits received or earned , . . .
Rate and amount of each semi-annual dividend for previous ? 2 per cent.,
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 : $5 ,000,
4) per cent.; $ 224,000, 5 per cent.; $60,000, 51 per cent.; $ 138,900, 54
per cent.; $ 176 ,311.78, 6 per cent. ; $ 18,750, 6.) per cent. ; $ 12,107, 7 per

cent.; $ 580, 72 per cent.; $ 3,900, 8 per cent.
* Taken to secure indebtedness.

28 ,750 00
05 75

435 92
$ 11 13

62,396 18
4,876 45
$64,285 33
22,771 27
22,832 33

314

BANK COMMISSIONERS REPORT.

[ Jan .

Number of outstanding loans which are of an amount not exceeding $ 3,000
each , .

.

.

.

.

.

.

.

.

.

.

.

.

260

Aggregate amount of the same, . . . . . . . .
$259,634 13
Number of open accounts, . . . . . . . . 3,447
Number and amount of deposits received for previous year, . . 1,508 180,749 13
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,

.

.

.

. 178

107,581 35

.

1,923
. 434

212,568 20

.

.
.

.

.

.

. 379

.

3,845 06

Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond , .
.
. .
.
.
.
.
Date of examination by commissioner : June 22.

.

.

30 ,000 00

Public FUNDS.
Estimated

$ 29,000

$32,806 00

$ 31,514 97

15 ,000

19,650 00

18 ,006 25

.T

1,000

1, 137 00

1,000
3,000
26 ,400

1,235 00

1,135 00
1,165 00

United States 44s, coupon ,

"

6s, currency,

..

"

State, city , and town bonds :
of New Hampshire 6s, .

State of Maine 6s, .

of Massachusetts 5s,
City of Taunton ,

.

of New Bedford 4s, .

Town of Peabody 4s,

Market Value. Amount Invested .

. . . . . .

Par Value.

3 ,435
29,750
10,000 10 ,200
25 ,000 1 25,687

00
00
00
00

3,330
27 ,973
10 ,350
25 ,562

00
00
00
50

$ 110,400 $ 123,900 00 $ 119,036 72
BANK STOCK.
Merchants' Nat'l B 'k , New Bedford ,
First Nat'l Bank , New Bedford ,

Commerce Nat'l Bank, New Bedford ,
Atlas Nat'l Bank, Boston , .
City Nat'l Bank , Boston , .
Taunton Nat'l Bank, Taunton ,
Bristol County Nat'l Bank , Taunton ,

Machinists' Nat'l Bank, Taunton,

$ 20,000
1 ,700
10, 200
5 ,500

10,000

$ 31,400
2,278
13, 362
6 ,655
11,800
17,440
5 ,440
1,440

00
00
00
00
00
00
00
00

10,900
3,400
900
$62,600 $89,815 00

$ 27 ,200 00
2,211 01
6 ,208 61

12 ,311 00

11,362 50
14 ,250 00
4 ,405 00

1,260 00

$79,208 12

1883.]

PUBLIC DOCUMENT — No. 8.

315

TEMPLETON SAVINGS BANK - TEMPLETON .

Incorporated April 19, 1871. Number of corporators,59.
Asa Hosmer, Treasurer.
CHAS. A . Perley, President.
STATEMENT.

LIABILITIES

ASSETS .

$ 157,139 94 Bank stock ,

Deposits , . .
Earnings undivided ,
Guaranty fund,

$ 4,680 00
81,850 00

993 71 Loans on real estate, . .
1,576 05 Loans on personalsecurity ,

14 ,005 00

cities, or
Loans
to counties,
towns, .
.

40 ,000 00

Deposit in banks on interest, .

18,089 99
1,084 71

Cash on hand and in bank,

$ 159,709 70

$ 159,709 70

Cash on Deposit in Banks, amount in each :

Commonwealth National Bank, Boston ,
Security National Bank , Boston , . .
Maverick National Bank, Boston, . .

.

. .
.
. .

.

.
.

.

.
.

.

.

.

$6,044 99
6 ,000 00
6,045 00

Miller's River National Bank , Athol, .

.

.

.

.

.

.

526 23

.

.

.

.

.
.

Whole amount of interest or profits received or earned, . . . . $ 7,638 09
Rate and amount of each semi-annual dividend for previous ? 2 per cent., 2,537 78
year, . . . . . . . . . . . . 2 per cent , ? 2,832 25
Times for the dividends fixed by theby-laws: January 1 and July 1.
Average annual per cent. of dividends for the term ending at time of, and

including, lastextra dividend : 41.
The total amount of loans, with each specified rate of interest : $ 21,500,
4 per cent. ; $ 26 ,500, 5 per cent. ; $ 87 ,855, 6 per cent.
Number of outstanding loans which are ofan amount notexceeding $ 3,000
OR

.

.

.

.

.

Aggregate amount of the same,
Number of open accounts, .

.
.

.

.

.

.

.

.

. 135

. 599

.

Number and amount of deposits received for previous year,

. 423

. . . . . ..

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . .
. . . . . 40
Number and amount of withdrawals , . . . . . . . 225
Number of accounts opened the previous year, . . . . . 121
Number of accounts closed the previous year, . . . . . 67
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond , . . . . . . . . . .
Date of examination by commissioner : July 20 .

83,055 00
45,239 96
20,090 95

22,652 03
437 70
10,000 00

316

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK .
Estimated
Par Value.

Market Value

First Nat'l Bank, Gardner,

$ 1,200

First Nat'l Bank , Orange,

3,000

$ 1,680 00
3,450 00

$4,200

$5,130 00

Amount Invested

$ 1,680 00

3,000 00
$ 4,680 00

1883.]

PUBLIC DOCUMENT — No. 8.

317

UNION INSTITUTION FOR SAVINGS IN THE CITY OF BOSTON - BOSTON .
Incorporated February, 1865. Number of corporators, 40.

Hugu O 'Brien, President.

GEORGE F . EMERY, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, .
Earnings undivided ,
Guaranty fund,

ASSETS.

$ 2,479,197
92 Public funds, .
42,589 69 Real estate ,
51,447 00

.

$ 315 ,916 25

.

278,601 06

464,895 70
Real estate by foreclosure , .
Loans on real estate , .
1,194,545 74
Loans on personal security , il 216 ,865 72
Deposit in bank on inter , .
63,242 78
s

est

1 .334 54

Suspense account,

Cash on hand, .

7,832 77

.

$ 2,573,234 61

$ 2,573,234 61

Invested in real estate (for banking purposes),
. . . $ 278,601 06
Estimated value of the same, . . . . . . . . . . 300,000 00
Amount of real estate held by foreclosure, . . . . . . . 464,895 75
Assessed value of the same, . . .
Amount of municipal tax on real estate,

. .
. . . .
. . . . .

Amount of income received from the same, .

450,450 00
.

.

.

.

18,053 61
10,660 71

.

60,311 36

.

.

.

.

1,447 07
1, 265 61
218 74

Cash on Deposit in Banks, amount in each :
Excbange National Bank, Boston .

.

.

.

.

.

Central National Bank, Boston , . . .
Boston Safe Deposit and Trust Co., Boston, .
International Trust Co., Boston, . . .

.

.
.
.

.
.
.

.
.
.

.
.
.

Whole amount of interest or profits received or earned , . . . . $ 104,357 72
Rate and amount of each semi-annualdividend for previous / if per cent., l 36,385 29
year, . . . . . . .
. . . 14 per cent., l 35,895 91
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 : $ 200,000,
44, per cent.; $ 243,934, 5 per cent.; $60,500, 5 per cent.; $618,367.46, 6
per cent.; $ 21,600 ,64 per cent.; $ 234,485, 7 per cent. ; $ 12,525, 8 per cent.

Number ofoutstanding loanswhich are of an amount not exceeding $3,000
.

.

Aggregate amount of the same,

each ,

.

.

.

.

.

.

.

.

.

.

. 372

.

.

. $ 484,731 74

Amount of investments from which no income is received, . . . . 23,300 00
Number of open accounts, . . . . . . . . 7,013
Number and amount of deposits received for previous year, . 5,562 589,875 48

Number and amount of deposits of and exceeding $ 300 at any one time
.

.

.

.

.

.

Number and amount of withdrawals, .

for the previous year, .

.

.

.

.

.

.

.

5,957 644,517 90

.
.
.

. 865
1,136
. .

.

.

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 : March 13.

. 398 268,742 00

.

9,285 25
15 ,000 00

318

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC FUNDS.
Estimated
Par Value.

Market Value

Amount Invested .

United States 1.5, .

.

$ 50,000 $56,500 00

City bonds :
City of Boston 5s, .
of Chelsea 6s, .

.

225,000 | 265,500 001 251,812 50
10 ,510 00
10 ,625 00
9,000

of Lowell6s,
of Springfield 78,
of Hartford , Conn., 6s,
of Newton 6s, ·
·
of Somerville 5s, .

2 ,000
1,000

2,000

4,000
17 ,000

2 , 260 00

2,660
1, 110
5 , 120
17 ,885

00
00
00
00

$54,312 50
2 ,325 00
2,600 00
1, 170 00

4 ,920 00
18, 151 25

$ 310,000 $361,575 00 $345,916 25

319

PUBLIC DOCUMENT - No. 8 .

1883. ]

UNION SAVINGS BANK - FALL RIVER .
Incorporated , 1869. Number of corporators, 31.

ArgusTV'S CHACE, President.

D . A. CHAPIN, Treasurer.
STATEMENT.

ASSETS.

LIABILITIES.

Deposits, . .
Earning
undivide ,
Guarantys fund, d

$662,566 74 Public funds, .
16 ,096 82 Bank stock ,
10,000 00 Real estate ,

82,000
72,388
38,000
5 ,906
337,227
195,785
35,000
2,356

Real estate by foreclosure.

Loans on real estate,
Loans on personal security ,
Deposit in bank on interest,
Cash on hand, . . . .

| $688,663 56

00
00
00
84
00
00
00
72

$688,663 56

Invested in realestate (for banking purposes), .

. .

. . . $38,000 00

.

.

.

.

.

.

Amount of real estate held by foreclosure, .

.

.

.

.

.

Assessed value of the same, . . . .
Amount of income received from the same, .

.
.

.
.

.

.

. . 40 ,000 00
. . 5 ,906 84
4,300 00

.

.

.

.

.

.

.

Estimated value of the same, .

.

.

Amount of municipaltax on real estate,
Cash on Deposit in Bank :

Union National Bank , Fall River, . . . .

. .

300 00
471 88

. . . $35,000 00

. . $ 34,877 95
Rate and amount of each semi-annualdividend for previous | 2 per cent., 11,952 01

Whole amount of interest or profits received or earned ,
year,

.

.

.

.

.

.

.

.

.

.

] 2 per cent., l 12,101 73

Times for the dividends, fixed by the by-laws: May 15 and Novem
ber 15 .
The total amount of loans, with each specified rate of interest: $219,390,
5 per cent.; $ 139,620, 5. per cent. ; $ 165 ,002, 6 per cent.

Number of outstanding loanswhich are ofan amount not exceeding $ 3,000
each , . . . . . .
. . . . . . 122
163,302 00
Aggregate amount of the same, .
Amount of investments from which no income is received , . . . , 8 ,700 00
Number of open accounts, . . . . . . . . 1,499
Numberand amount of deposits received for previous year, .
1,497 173,914 47
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . .
142 86 ,837 71

Number and amount of withdrawals, . .

. .

Number of accounts opened the previous year, .
Number of accounts closed the previous year, .

.
.

. .

1,231· 135,937 67

.
.

. 382
263

.
.

Amountof expenses of the corporation during previousyear, . . .
. .
Amount of treasurer's bond, . . . . . . .
Date of examination by commissioner : June 14.

2,300 00

25 ,000 00

320

BANK COMMISSIONERS' REPORT.

[ Jan .

Public Funds.
Estimated
Par Value.

Market Value. Amount Invested .

City bonds:

City of Fall River water bonds,

$ 2,000

$2,500 00

$ 2,000 00

BANK STOCK .
Metacomet Nat'l Bank, Fall River, .
Union Nat'l Bank, Fall River, .
Pocasset Nat'l Bank , Fall River,
Fall River Nat'l Bank, Fall River, .
Massasoit Nat'l Bank, Fall River,

$ 30 , 200

$ 10 ,770 00

23,700
3,000
2 ,100
700
$59,700

26 ,544 00
4 , 200 00

2,940 00

$ 38 ,317
26 ,230
3,750
2,817

00
00
00
00

1,274 00
1,295 00
$ 75 ,749 00 / $ 72,388 00

1883.]

PUBLIC DOCUMENT — No. 8.

321

UXBRIDGE SAVINGS BANK – UXBRIDGE.
Incorporated June 3, 1870. Number of corporators, 68.
Moses TAFT, President.
C . A . Tart, Treasurer.
STATEMENT.
CLEANER

LIABILITIES .

Deposits,
Earnings
Guaranty
Surplus,

.
individed.
I
fund ,
. .

ASSETS.
Bank stock ,

,

.

$ 139,430 87
12,950 00
99,833 60
44,923 SI :

.
.

6 ,330 86 Real estate by foreclosure,
5 ,000 00 Loans on real estate, .
.
2,657 43 Loans on personal security ,
Deposit in bank on interest,
Expense account

6 ,069 36
547 43

. .

7 ,880 48
4 ,000 00

Profit and loss,
Central National Bank

$315,535 55

$315,535 55

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

.
.
.
.

.
.
...

.
.
..

.
.
..

.
.
.
.

.
.
.
.

. $ 12,950 00
. 10,400 00
. 1,266 00
.
161 06

.

.

.

.

.

.

.

Cash on Deposit in Bank :
National Blackstone Bank , Uxbridge, .

$ 6 ,069 36

. $ 14,677 30
year, . . . . . . . . . .
2 per cent., 5,793 24
Times for the dividends fixed by the by-laws: January and July.

Whole amount of interest or profits received or earned,

.

.

.

Rite and amountofcach semi-annual dividend for previous ? 2 per cent., I 5,545 11
The total amount of loans, with each specified rate of interest : $6,500,
5 per cent.; $ 10,008 81,54 per cent.; $ 120,326.70, 6 per cent.; $7,550, 7

per cent.; $ 271.90, 74 per cent.
Number ofoutstanding loanswhich are of an amount not exceeding $ 3,000
. . . . . . 80
each, . . . . . .
. . 67,927 41
Aggregate amount of the same, . . . . . .
. . . 1,034

Number of open accounts, . . . . .
Number and amount of deposits received for previous year,

.

452

49,404 95

Number and amount of deposits of and exceeding $300 at any one time
for the previous year, .
.
.
.
.
.
.
.
.
. 38
1 9, 901 92
Number and amount of withdrawals, . . . . .
. 382 35,497 15
Number of accounts opened the previous year, . . . . . 98
Number of accounts closed the previous year, . . . . . 69
825 00
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . . . . . . . . . . 20,000 00
Date of cxamination by commissioner: June 1.

322

BANK COMMISSIONERS' REPORT.

[ Jan.

BANK STOCK
Estimated

Redemption Nat'l Bank , Boston,

.

Suffolk Nat'l Bank, Boston,
Hide and Leather Nat'l B ' k , Boston ,
Revere Nat'l Bank , Boston ,

Par Value.

Market Value.

Amount Invested .

$ 3 ,000
6 , 100
13,000

$ 10,880 00
7 ,625 00

$ 11,270 00

8,000

Howard Nat'l Bank, Boston ,

11,200

North Nat'l Bank , Boston,

6 ,000
5 ,800
11,000
6 ,900
7,800
1,800
3 ,300
3,000
1,700

Tremont Nat'l Bank, Boston , .

Eliot Nat'l Bank, Boston , . .
Webster Nat'l Bank , Boston , .
State Nat'l Bank, Boston, .
Mount Vernon Nat'l Bank , Boston ,
Atlas Nat'l Bank , Boston,
Eagle Nat'l Bank , Boston, .
Blackstone Nat'l Bank, Uxbridge, .
Grafton Nat'l Bank , Grafton ,

500
2,000

First Nat'l Bank , Clinton,
Wachusett Nat'l Bank, Fitchburg , .
Franklin Nat'l Bank, Franklin , .
Central Nat'l Bank , Boston , .
Millbury Nat'l Bank,Millbury,

2 ,500
5 ,900
4 ,000
1,700

Manufacturers' Nat'l Bank , Boston , .

4 .000

15 ,600 00
10 ,000 00
14 ,560 00

8 ,640 00
7 ,076 00
13 ,200 00
7 ,659 00
9 ,750 00
2 ,304 00
4 ,191 00
3 ,630 00
2,260 00
540 00
2 ,480 00
5 ,000 00
7 ,090 00
4 ,240 00
2,006 00

4,400 00

7,915 00
15 ,259 12
9,795 00
12,919 00
7 ,494 50

7 ,280 00
13,148 75
7 ,516 75
8 ,974 75

2 ,223
4 ,134
3 ,777
2,260

75
25
75
00

510 00
2 ,480 00
5 ,000 00

7 ,090 00
2 ,006 00
4 ,076 25

4 ,240 00

$114,200 $ 143,131 00 $ 139,430 87

323

PUBLIC DOCUMENT – No. 8 .

1883. ]

WAKEFIELD SAVINGS BANK – WAKEFIELD.
' Incorporated 1869. Number of corporators, 56 .

RICHARD BRITTON, Treasurer.

JAMES F . EMERSON , President.

'STATEMENT.
ASSETS,

LIABILITIES.

Deposits, .

fund,
Guaranty
Interest,
.

.

.

!

.

$ 107,444
12 || Public funds,
1,201 07 Loans on public funds,
480 15

$ 18 ,000 00
4,000 00
14 ,200 00
7 ,000 00
8, 185 09
43.860 00
2,800 00
2,156 14

Bank stock ,
Railroad bonds,

Realestate by foreclosure, .
Loans on real estate,
. .
Loans on personalsecurity , .

Deposit in bank on interest, .

135 06

Premium account,

Expense account,
Tax account,

6 ,817 68
11 56

Profit and loss , .

711 50
1,248 31

Cash on hand,' .
$ 109,125 34

$ 109,125 34

Loans on Public Funds, amount on each :
On $ 1,000 Portland,Me., 6s, . .

$ 1,000 00
2 ,000 00

On $ 2,000 Dayton , Ohio, 6s, . .

On $1,000 Indianapolis, Ind.,71% 5, . . . . . . . . 1,000 00
Amountof real estate held by foreclosure, . . . . . . . $ 8 ,185 09
. . . . . . 8,620 00

Assessed value of the same, . . . .
Amount of income received from the same, .

.

.

.

.

.

.

701 32

Amount of municipaltax on real estate,
Cash on Deposit in Bank :

.

.

.

.

.

.

144 81

.

South Reading National Bank, Wakefield, . . . . . . .
Whole amount of interest or profits received or earned, . . . .
Rateand amount of each semi-annual dividend for previous / 2 per cent.,
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 timeof, and

$ 2,156 14
$ 5,513 84
1,710 19
1,807 08

including, last extra dividend : 61.

The total amount of loans, with each specified rate of interest: $ 5,000,
5 per cent.; $19,600, 6 per cent.; $ 22,310, 7 per cent.; $ 1,500 , 7 per
cent.; $ 1,750, 8 per cent.; $ 500, 9 per cent.
Number of outstanding loanswhich are of an amount not exceeding $ 3,000

each, . . . . . . . . . . . . . 45
Aggregate amount of the same, .
45 ,660 00
. . . 755
.
Number of open accounts, .
Number and amount of deposits received for previous year, .
868 40,052 22
er
t

Numb and amoun of deposits of and exceeding $ 300 at any one time
for the previous year, .

Number and amount of withdrawals, .

.

.

.

.

.

23

11,908 90

551

7 ,654 11

Number of accounts opened the previousyear, . . . . . 185
. 111
Number of accounts closed the previous year,
•
Amountof expenses of the corporation during previous year, . .
. . . .
Amount of treasurer's bond, . . . . .
Date of examination by commissioner : May 29.

628 63
10,000 00

324

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC FUNDS.
Estimated
Par Value.

Market Value. AmountInvested .

City bonds :

City of Bath , Me.,6s,
of Rockland,Me, 6s,
of Lowell 6s, .

$5,000
2,000
2 ,000

of Fall River 5s,
of Bangor, Me., water bond, il

8,000
1,000

$ 5,000 00
2 ,000
2,240
10 ,000
1 ,120

00
00
00
00

$ 18,000 $20,360 00

$ 5,225 00
2,085 00
2 ,330 00
9, 200 00

1,250 00

$20,090 .00

BANK STOCK .

So.Reading Nat'l Bank ,Wakefield,.
Faneuil Hall Nat'l Bank, Boston , il
Boston Nat'l Bank, Boston , .

6 ,450 00

$ 3,900 00
6 ,456 25

7,502 00

8 ,055 50

$ 14,200 $ 18 ,152 00

$ 18;411 75

$ 3,000
5 ,000
6 ,200

$ 4,200 00

RAILROAD BONDS.

Fitchburg Railroad 5s, . .
Boston and Albany Railroad 78,

$ 2,000
5 ,000

$ 2,200 00

$ 2, 240 00

6 ,150 00

6 ,193 75

$ 7,000

$8,350 00

$ 8,433 75

325

PUBLIC DOCUMENT — No. 8 .

· 1883. ]

WALES SAVINGS BANK -- WALES.
Incorporated 1870 . Number of corporators, 76.

H . A . MCFARLAND, Treasurer.

ELIJAH Shaw, President.
STATEMENT.

ASSETS.

LIABILITIES.

$ 23,290 63

Deposits, .
Earnings undivided ,

733 25
309 00

Guaranty fund,

$ 8,372 50
11,674 75
2,841 96
1 75

Bank stock ,
Loans on real estate, .

Loans on personal security ,

Expense account, . .
Interest, . . . .
Office furniture,
Cash on hand and in bank ,

117 27
240 00

1,084 65
$ 24,332 88

$24,332 88
Cash on Deposit in Bank :

Palmer National Bank, Palmer, . . . . . . . . .

$398 93

Whole amount of interest or profits received or earned , . . . .
Rate and amountof each semi-annualdividend for previous 24 per cent.,

$ 1,118 02
433 88

year,

.

.

.

.

.

.

.

.

.

.

. 52 per cent., ?

466 30

Times for the dividends fixed by the by -laws : January and July .

Average annualper cent. of dividends for the term ending at timeof, and
including, last extra dividend : 44.
The totalamountof loans, with each specified rate of interest : $ 2,300, 6
per cent.; $ 12,216 .71, 61 per cent.
Number of outstanding loans which are ofan amountnot exceeding $ 3,000
each , . . . . .
Aggregate amountof the same,

.

:

.

Number of open accounts , i
Number and amount of deposits received for previous year,

:

: 36

.

144
366

14,516 71
5,228 64

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

.

2

·

· ·

Number and amount of withdrawals, . . . . . . . 50
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 11.

1,200 00
3,260 52
77 35

10,000 00

326

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK
Estimated
Par Value.

Market Nat'l Bank, Boston, .
Webster Nat'l Bank, Boston, .
Southbridge N 'l Bank, Southbridge,
Monson Nat'l Bank , Monson , .
Continental Nat'l Bank, Boston,
Hamilton Nat'l Bank , Boston, .
Revere Nat'l Bank, Boston , .
First Nat'l Bank , Leominster, .

$ 500
500

700
500
1,000
1,000
1 ,500

2,000
$7,700

Market Value. Amount Invested .

$523
558
924
660
1,130

75
75
00
00
00

1,250 00
1,600 00
2,200 00

$8,846 50

$ 523 75
558 75
875 00
625
1,090
1 ,000
1,500

00
00
00
00

2,200 00

$ 8,372 50

327

PUBLIC DOCUMENT — No. 8.

1883. ]

WALTHAM SAVINGS BANK - WALTHAM .
Incorporated March 13, 1853. Number of corporators, 30.
F . M . STONE, Treasurer.
HORATIO Moore, President.
STATEMENT.
LIABILITIES.

ASSETA.

Deposits, .
Earnings undiv
ided ,
Guaranty fund, .

31,312,308 22 Public funds, .

$ 71,500 00

.

105,625
5 ,650
70.500
8,000
624 ,070

63,055 28 Bank stock , . .
30,000 00 Railroad
Loans on bonds,
bank stock ,
Real estate by foreclosure,

.

Loans on real estate, . . .
Loans on personal security, .

00
00
00
00
00

457,609 90
80,000 00

Loans
to counties, cities, or
towns, .
.
.
.
Deposit in banks on interest, .

9,000 00
6 00

Expense account,
Cash on hand,

3,402 60
$ 1,435 ,363 50

$ 1,435,363 50
Loans on Bank Stock , amount on each :

On 56 shares Waltham National Bank, Waltham , . . . . . $ 4,250 00
On 15 shares Boston Safe Deposit and Trust Company , Boston , . . 1,400 00
Amount of realestate held by foreclosure, . . . . . .
$8,000 00
Assessed value of the same, . . . . . . . . . . 10,000 00
400 00
Amountof income received from the same, . . . . . . .
1C9 00
Amount of municipaltax on real estate, . . .
Cash on Deposit in Banks, amount in each :
Waltham National Bank, Waltham , . . . .
$6 ,000 00
Boston Safe Deposit and Trust Company , . . . .
3,000 00
Whole amount of interest or profits received or earned, . . . . $67,712 98
Rate and amountof each semi-annual dividend for previous 12 per cent., 24,732 64
year, . . . . . . . . . . . ) 2 per cent., 25 ,491 28
Times for the dividends fixed by the by-laws: second Wednesday in April
and October.
The totalamount of loans,with each specified rate of interest: $ 70,000, 4
per cent.; $86,464.45, 44 per cent.; $ 278,000, 5 per cent.; $ 12,463.89, 51
per cent.; $ 766 ,401.56 , 6 per cent.
Number of outstanding loans which are of an amountnot exceeding $ 3,000
.

.

.

.

.

.

.

.

.

.

.

. 213

Aggregate amount of the same,

.

.

.

.

.

.

.

.

Number of open accounts,

.

.

.

.

4,935

.

262,215 00
5,611 395,063 02
.

Number and amount of deposits received for previous year, .
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

Number and amount of withdrawals, . . . . . .

. 249

Number of accounts opened the previous year, .
Number of accounts closed the previous year, . . . .
Amount of expenses of the corporation during previous year, .

. 727
. .

Amount of treasurer's bond , .

.

.

.

.

.

.

.

.

Date of examination by commissioner : December 20.a
* This bank has been notified thatthis loan is illegal.

131,793 76

315,918 06
3,287
1 . 133
.

3,000 00
20,000 00

328

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC Funds.
Estimated
Par Value.

United States bonds,

.

.

.

.

.

Market Value.

AmountInvested .

$ 25,500 $ 25,500 00

$ 25,500 00

46,000 47,308 00
$71,500 $72,808 00

46,000 00
$71,500 OC

Town bonds :

Town of Waltham , .

BANK STOCK .
Revere Nat'l Bank , Boston , .
Mount Vernon Nat'l Bank, Boston, .
Third Nat'l Bank , Boston, .
Boston Nat'l Bank, Boston , .

Hide and Leather N 'l Bank, Boston,
Market Nat'l Bank, Boston, .
Commerce Nat'l Bank, Boston ,
Traders' Nat'l Bank , Boston , .
Suffolk Nat'l Bank, Boston , .
North Nat'l Bank , Boston ,
Everett Nat'l Bank , Boston,
Shawmut Nat'l Bank, Boston, .
Central Nat'l Bank, Boston, .
Continental Nat'l Bank, Boston ,
Metropolitan Nat'l Bank , Boston , .
Commonwealth Nat'l Bank , Boston ,
Eliot Nat'l Bank , Bos'on , . .

Waltham Nat'l Bank , Waltham ,

$ 3,800

$ 1,332 00

5 ,000
5,000

6 ,500 00

7 ,300
3 ,000

4 ,000
2 ,200
6 ,000
5 ,300
7,700
4 ,600
5 ,000

5 ,000
5 ,000
2 ,000
3 ,000
1,500

30,375

5 ,050 00
8 ,614
3 ,360
4 ,000
2,618
5 ,400

00
00
00
00
00

6 ,307 00
10 ,010
5 , 198
5 ,500
3,712
5 ,900
2,400

00
00
00
00
00
00

3 ,300 00

1,800 00

40 ,500 00

$ 3,800
5 ,000
5 ,000
7,300

CO
00
00
00

3 ,000
4 ,000
2,200
6 ,000

00
00)
00
00

5,300 00
7 ,700
4,600
5 ,000
5 ,000

00
00
00
00

4,850
2,000
3,000
1,500
30,375

00
00
00
00
00

$105,775 $ 124,501 00 $ 105,625 00
RAILROAD Bonds.
Boston and Lowell Railroad,
Old Colony Railroad , .
Boston and Maine Railroad, .
Salem and Lowell Railroad,

$ 30 ,500
10 ,000

$ 37,133 00

5 ,000
25 ,000

12,500 00
6 ,200 00

$ 30 ,500 00
10 ,000 00
5 ,000 00

27 ,500 00

25 ,000 00

$70,500 $83,333 00

$70,500 00

329

PUBLIC DOCUMENT - No. 8.

· 1883.]

WARE SAVINGS BANK - WARE .

Incorporated 1850. Number of corporators, 40.
WILLIAM HYDE, President.
Otis LANE, Treasurer.
STATEMENT.
LIABILITIES.

Deposits, .

.

Earnings undivided ,
Guaranty
fund,
Premium account,

ASSETS.

Public funds, .
$ 1,987,383 53 Bank
stock ,

.

.

$ 534,000 00
377,917 00
238 ,000 00
6 ,400 00
554,277 47
254,831 41
76 ,884 12
30 ,000 00
1,065 16
3,350 00
299 19

29,512 45
19,458 87 Railroad bonds,
40,669 50 Real estate ,

.

Loans on real estate ,

Loans on personal security , .
Loans to counties, cities, or
towns
,

.

Deposit in banks on interest, .
Expense account,
Loans on bank books,

.

Cash on hand, .

$ 2,077,054 35

$ 2,077,054 35

Invested in real estate (for banking purposes), . . . . . . $6,400 00
Estimated value of the same, . . . . . . . . . . 6,400 00
Amount of municipal tax on rcal estate, .
68 80
.

.

.

.

.

.

Cash on Deposit in Banks,amount in each :
Republic National Bank , Boston , . . . . . . . .

. $ 20,000 00

Palmer National Bank, Palmer, .

.

.

.

.

.

.

.

.

10 ,000 00

Whole amountof interest or profits received or earned , . . . . $ 105,869 46
Rate and amount of each semi-annualdividend for previous , 2 per cent., 36,345 66
year, . . . . . . . . . . . ) 2 per cent., 37,601 44
Times for the dividends fixed by the by- laws: January 1 and July 1.
Average annual per cent. of dividends for the term ending at timeof and
including last extra dividend : 44.
The totalamount of loans, with each specified rate of interest : $ 12,500, 4 }

per cent.; $ 317,000, 5 per cent.; $ 152,277.47,54 per cent.; $ 13,181.41, 6
Number of outstanding loanswhich are ofan amountnot exceeding $ 3,000
per cent.; $ 30,000, 7 per cent.

each, . . . . . . . .
Aggregate amount of the same, .
Number of open accounts,
•
Number and amount of deposits received for previous year,

· 242
249,419 76
.

4,513

.

2 ,812

91

amount of deposits of and exceeding $ 300 at any one time
Number and
previous year,
for the

.

.

.

.

.

.

.

.

.

Number and amount of withdrawals, .

.

.

.

.

.

225 127,859 73
1,939 296,899 76

Number of accounts opened the previous year, .
. . . 660
Number of accounts closed the previous year, . . . . . 424
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . . . .

Date of examination by commissioner : July 11.

.
.

.
.

4,730 30

25,000 00

330

BANK COMMISSIONERS' REPORT.

[Jan.'

PUBLIC FUNDS.
Estimated
Par Value.

$ 100,000 $ 129,000. 00 $ 100 ,000 00

United States 6s, currency,

201,000

" 44s, funded loa
City and town bonds :
City of Boston 6s, . .
of Boston 4s, .
of Fall River 6s,
of Somerville 5s,

Market Value. Amount Invested .

.
.
.

of Holyoke 7s, .
of Bangor, Me.,6s, .
Town of Brockton 5s, .
of Pawtucket. R . I., 5s, .
of Pawtucket, R . I., 6s, .

227,130 00

201,000 00

30,000

36,000.00

30,000. 00

40 ,000
20 ,000
20 ,000
40 ,000
25 ,000
30 ,000
5 ,000
23,000

44,000
25 ,000
22,000
49,000
31, 125

40 ,000 00

00
00
00
00
00

34,500 00
5 ,600 00

28,000 00

20 ,000
40,000
25 ,000
30 ,000
5 ,000
23,000

00
00
00
00
00
00

20,000 00

$534,000 $631,355 00 $534,000 00
BANK STOCK .
Atlantic Nat'l Bank, Boston, .
Atlas Nat'l Bank , Boston ,.

Boston Nat'l Bank, Boston, .
Blackstone Nat'l Bank, Boston ,
Commerce Nat'l Bank, Boston,
City Nat'l Bank , Worcester, .
Continental Nat'l Bank , Boston,
Eliot Nat'l Bank , Boston,
Easthampton N ' B 'k , Easthampton ,
Exchange Nat'l Bank, Boston,
First Nat'l Bank , Boston, . .
Globe Nat'l Bank, Boston,

.

.

Leicester Nat'l Bank; Leicester,

Monson Nat'l Bank , Monson , .
Mechanics' Nat'l Bank, Boston,
Merchants' Nat'l Bank , Boston ,

North America Nat'l Bank, Boston, .
North Nat'l Bank , Boston , .

People's Nat'l Bank, Boston , .
Republic Nat'l Bank, Boston , . .

Revere Nat'l Bank , Boston ,

.

Redemption Nat'l Bank, Boston ,
Second Nat'l Bank , Boston ,

Southbridge N 'l Bank, Southbridge,
State Nat'l Bank, Boston ,
Suffolk Nat'l Bank , Boston , .
Tremont Nat'l Bank , Boston , .
Traders' Nat'l Bank , Boston , .

Union Nat'l Bank, Boston , .
Ware Nat'l Bank, Ware, . .
Webster Nat'l Bank, Boston, .
Washington Nat'l Bank , Boston,
Miller 's River Nat'l Bank , Athol,

.

$ 1,500 00

$ 1,550 00

12 ,133 00

12,000 00
25 ,420 00

$ 1,000
10,000
20 ,500
1,200
7 ,500
5 ,000
13,600

24 ,292 00
1,302 00
8 ,943 00

6 ,000
15,000

18 ,750 00

4 ,000

5,200 00

5 ,500 00
16 ,048 00
7,140 00

20,200 00
10 ,000
5 ,000
5,350 00
2,310 00
2 ,100
4,700
7 ,050 00
10 ,500
14,700 00
1,170 00
900
14 ,960 00
13,600
12,900 00
10 ,000
600
960 00
15 ,000 18 ,600 00
17,100 00
15 ,000
13 ,100 00
10,000
15 ,000 22,800 00
2,250 00
1,500
16 ,200 19,926 00
3,000
3 ,510 00
8,094 00
7 ,100
14,322 00
15 ,400
3,666 00
2,600
37 ,900 48,512 00
200,000 21,600 00
4,050 00
3,000
5 ,400. 00
3,000
$ 305 ,900 $ 383, 368 00

1,200 00
9,000
5 ,000
15 ,504
7 ,200
18,000
5 ,200
20 ,000
5 ,000
2,310
6 ,110
14 ,700
1,170
13,600
13 ,000
960
17,700
17 ,250
13,000

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

22,987 00
2.250 00

20 ,000 00

3,510 00
8 ,520 00

15 ,400 00
3 ,893 00
46 ,996 00
20 ,000 00
4 ,117 00
5 ,400 04
$377,947 00

1883.]

PUBLIC DOCUMENT — No. 8.

331

RAILROAD BONDS.
Estimated

Boston and Maine Railroad 7s,
Boston and Albany Railroad 7s,
Boston and Albany Railroad 6s,
Eastern Railroad 6s, . . .

.

Par Value.

Market Value.

Amount Invested .

375 ,000

$ 93,000 00

60,000
50 ,000

74 ,700 00

$ 75 ,000 00
60,000 00

60,000 00

53,000

58 ,300 00

50 ,000 00
53,000 00

$ 238,000 $ 286,000 00 $ 238,000 00

332

BANK COMMISSIONERS' REPORT.

[ Jan.

WAREHAM SAVINGS BANK - WAREHAM .
Incorporated 1847. Number of corporators, 29.
THOMAS R . MILES, Treasurer .
GERARD C . TOBEY, President.
STATEMENT.
LIABILITIES.

Deposits, •
Earnings undivided ,

Guaranty fund ,

ASSETS.

$ 176 ,096 85
193,4 47 62
70 ,301 04
94 ,824 17
1,405 25
221 56
10,079 42

$ 528,629 87 Bank stock , .
10 ,914 04 Real estate by foreclosure,
7,032 00 Loans on realestate, . .
Loans on personal security,
Expense account, . .
Municipal
taxes,
Cash in bank , . .

$516,575 91

$516 ,575 91
-

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

...

. ..

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

. $ 193,647 62
. 154,025 50
. 11,244 00
.
226 56

Cash on Deposit in Bank :

Wareham National Bank ,

.

.

. .

.

.

.

.

.

. $ 10,079 42

Whole amount of interest or profits received or earned,

.

.

.

. $ 32,693 14

Rateand amount of each semi-annualdividend for previous 2 per cent., l
year, . . . . . . . . . . . 52 per cent., l
Times for the dividends fixed by the by-laws: January and July.
The total amount of loans, with each specified rate of interest: $6,000,
45 per cent.; $ 28,000 , 5 per cent. ; $ 35,241.59, 5 . per cent. ; $ 48,487.76 ,
6 per cent.; $ 27,947.65 7 per cent.; $ 280, 7,% per cent.; $ 18,368.21, 8 per
cent.; $ 800, 10 per cent.
Number of outstanding loans which are ofan amount notexceeding $ 3,000
each , . . . . . . .
. . . . . 40
Aggregate amount of the same, . .
Amount of investments from which no incomeis received , . . . .

9,687 72
10,018 13

41,513 07

17,377 50
Number of open accounts, . . . . . . . . 1,518
Number and amount of deposits received for previous year, . . 657 79,284 23
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 61 33,626 00
Number and amountof withdrawals, . . . . . .
645 60,053 56
Number of accounts opened the previous year, . . . . . 183
Number of accounts closed the previous year, . . . . . 115
Amount of expenses of the corporation during previous year, . . . 1,405 25
Amount of treasurer's bond, .

.

.

.

Date of examination by commissioner : May 22.

.

.

.

.

.

.

5,000 00

1883. ]

PUBLIC DOCUMENT — No. 8.

333

BANK STOCK .
Estimated

Par Value.

Eagle Nat'l Bank, Boston ,

.

Webster Nat'l Bank, Boston, .
Commerce Nat'l Bank , Boston ,
North America Nat'l Bank, Boston ,
Exchange Nat'l Bank, Boston ,
Revere Nat'l Bank , Boston , .
City Natl Bank , Boston, . .
Republic Nat'l Bank, Boston, .
First Nat'l Bank , Boston , . .
Second Nat'l Bank , Boston , .
Shoe and Leather 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 Nat'l Bank , Boston , .
Boylston Nat'l Bank , Boston , .

Falmouth Nat'l Bank, Falmouth ,
Merchants' Nat'l Bik , New Bedford,
Wareham Nat'l Bank, Wareham , .
Andover Nat'l Bank , Andover,

$ 10 ,000
10,000
5 ,000
7 ,500
700
4,500
5 ,000
3,000
2,000

Market Value.

$ 11,400
11, 100
6 ,000
8 ,475

00
00
00
00

6 ,993 68

731 50
5 ,196 78

6 ,000 00

5 ,225 00
3 ,135 00
2 ,090 00

3,750 00
4 ,040 00

12,200 00

4 , 100
10 ,000

6 ,000
11,100
14 ,000
12,000
15 ,500
6 ,250
3,925
31,200
600

500

11,015 59
7,053 50

5 ,175 00

10,000

10,000

$ 11,068 14

917 00

7,400 . 11,500 00
6,600
7 ,000 00
10,000 11,000 00

10 ,000
13 ,100
5 ,000
2,500
24 ,000

Amount Invested .

00
00
00
00
00
00
00
00
00

7,572
6 ,897
13,574
11,838

32
00
81
01

4 ,679 26
10 ,450 00

10,949 84
12 ,147 46
11,737 70
5 ,428 28
2 ,612 50
25 ,177 98
522 50

$ 160,900 $ 199,132 00 $ 176 ,096 85

334

BANK COMMISSIONERS' REPORT.

[Jan.

WARREN FIVE CENTS SAVINGS BANK - PEABODY.

Incorporated April 28, 1854. Number of corporators, 52.
ALBERT H . MERRILL, Treasurer.

Rufus H . BROWN, President.

STATEMENT.
LIABILITIES .

ASSETS.

$ 1,400,592 38 | Public funds, . .
Deposits , .
Earnings undivided ,
66,557 85 Bank stock,
Guaranty fund,
21,000 00 Railroad
Loans on bonds,
bank stock
,
.

.

$ 70 ,000 00
174,589 62
1,300 00
39,750 00
54,209 51
483,745 00
299,624 67
330,040 00
307 18

.

Real estate by foreclosure,
Loans on real estate, . .
Loans on pcrsonal security , .

Loans to counties, cities, or
towns,

.

Expense account,

34,584 25

Cash in bank

$ 1,488,150 23

$ 1,488,150 23
Loans on Bank Stock :
On 7 shares Naumkeag National Bank, Salem , and 6 shares Mercantile

$ 1,300 00

National Bank,

Amount of real estate held by foreclosure, . . . .

.

. $54,209 51

.. .. .. .. .. .. . .
Amount of incomereceived from the same,
. .
Amount ofmunicipal tax on real estate, . . . . . . .
Assessed value of the same, .

.

46 ,650 00
3,793 21
941 59

Cash on Deposit in Bank :
Warren National Bank, Peabody, . . . . . . . . . $ 34,581 25
Whole amount of interest or profits received or earned , . . . . $84,479 21
Rate and amount of each semi-annual dividend for previous 12 per cent., 25,929 12
year,

.

.

.

.

.

.

.

.

.

.

S2 per cent., ? 26 ,416 09

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: $6 ,942.33,
3 per cent.; $6 ,942.34, 4 per cent.; $ 25 ,000, 48 per cent.; $ 16 ,300, 4 ) per

cent.; $ 90,000, 43 per cent.; $ 197,300, 5 per cent.; $ 25,000, 5 } per cent.;
$5 ,000, 51, per cent.; $ 242,935, 6 per cent.; $ 109,205 , 6 per cent.; $ 36,
365 , 7 per cent.; $2,400,718 per cent.; $ 16,840, 74 per cent.; $3,400, 8
per cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000

each, · · · · · · · · · · · · · 169
227, 945 00
. .
Amount of investments from which no income is received, . . . . 3,642 70
Number of open accounts, . .
3,799
. . .
Number and amount of deposits received for previous year ,
2,356 200,592 02
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .
.
.
.
.
.
.
.
.
. 170102,594 04
Number and amount of withdrawals, . . . . . . 1,923 197,180 95
Number of accounts opened the previous year, . . . . . 499
Number of accounts closed the previous year, . . . . . 450
Amount of expenses of the corporation during previousyear, . . . 3,314 41
Amount of treasurer's bond, . . . . . . . . . . 20,000 00
Date of examination by commissioner : June 23.
Aggregate amount of the same,

PUBLIC DOCUMENT — No. 8 .

1883.]

335

PUBLIC FUNDS.
Estimated

United States 6s, currency ,
" 4 s, registered , .

41s, coupon ,

Par Value.

Market Value.

Amonnt Invested .

$ 10 ,000

$52,000 00
16 ,968 75
13,575 00

$ 10 ,000 00

3,030 00
3,000
$70,000 $85,573 75

3,000 (0

15,000
12,000

15 ,000 00
12 ,000 00

State bonds :
State of Massachusetts 5s,

.

$ 70,000 00

BANK STOCK .
Warren Nat'l Bank , Peabody, .

Howard Nat'l Bank , Boston , .

Exchange Nat'l Bank, Boston, .
Webster Nat'l Bank, Boston , .
Atlantic Nat'l Bank, Boston, .
Suffolk Nat'l Bank, Boston , . .
Shoe and Leather Nat'l B ’k , Boston ,
Hide and Leather Nat'l B ’k , Boston ,
Exchange Nat'l Bank , Salem ,
Asiatic Nat'l Bank , Salem ,
Grand Nat'l Bank, Marblehead,
Atlas Nat'l Bank, Boston,
Revere Nat'l Bank, Boston ,
Eliot Nat'l Bank , Boston , .
Blackstone Nat'l Bank , Boston ,
Washington Nat'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'l Bank, Peabody,
Manufacturers' Nat'l Bank, Boston , .
Merchandise Nat'l Bank , Boston , .

North America Nat'l Bank, Boston , .
City Nat'l Bank, Boston, . .
Market Nat'l Bank , Boston, ..

Mount Vernon Nat'l Bank , Boston, .
New England Nat'l Bank , Boston , .
Continental Nat'l Bank , Boston , .
Traders' Nat'l Bank , Boston, .
Commonwealth Nat'l Bank , Boston,

Globe Nat'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

$ 3,915
5 ,734
10 ,426
15 ,228
6 ,772
2,962
5, 380
11 , 150
9,4 10
3,000

00
00
66
00
50
50
50
00
00
00

5 ,568 00

20,020 00
5 ,472
11, 305
10 ,850
678
10 ,514
7,815

00
00
00
75
00
00

$ 2,900 00

4 ,689 00
8 ,000 00
14 , 100 00
4 ,500 00
2,500 00
5 ,100 00

9 ,950 00

900
2 ,250
4,595
16 ,500
4 ,800
9,500
10 ,000
500
10 , 100
6 ,000

00
00
00
00
00
00
00
00
00
00

2,679 50

2, 300 00

5 ,720 00
1,500 00
10,500 00

5 ,200 00

4,500 00
6 ,645 00
1,190 00
8 , 100 00

2 ,862 75
3,359 37
2,959 57
2,318 75
2,775 00

2,675 00

1,000 00

9,909 37
4 ,500 ( 0
6 ,000 00
1,000 TO
8 ,100. 00
2,200 00
2,500 00

2,500 00
2 ,500 00

2 ,496 25
2 ,500 00

$ 169,950 $204,016 85 $174,589 62

336

BANK COMMISSIONERS REPORT.

[ Jan .

RAILROAD BONDS.
Estimated
Par Value.

Boston and Maine Railroad, .

Old Colony Railroad ,
Eastern Railroad,

.

.

.

.

Market Value. AmountInvested.

$ 21,000

$ 25 ,882 50

10 ,000

11,700 00

5,000

5,475 CO

$ 25,000 00
10,000 00
4,750 00

$ 30,000 $ 13 ,057 50

$39,750 00

PUBLIC DOCUMENT — No. 8.

1883.]

337

WARREN INSTITUTION FOR SAVINGS - BOSTON .
Incorporated 1829. Number of corporators, 135.
TIMOTHY T . SAWYER, President.

Geo . F . TUFTS, Treasurer.
STATEMENT.

LIABILITIES

Earnings undivided ,
Guaranty fund,

ASSETS .

$ 4,735,275 85 || Loan
Publics onfunds,
public funds.
179,183 27
83,000 00 Bank stock , .
Loans on bank stock ,
Railroad
bonds,
Real estate,
Real estate by foreclosure,

$ 641,000 00
9,000 00
199,906 00

7,550 00
200,000 00
50 ,000 00
128 ,850 Co

Loans on real estate,. .
Loans on personal security ,*
Loans
to counties, cities or
towns, . .

1,698 , 151 70

1,688,500 00
104,500 00
114 , 241 80
7,271 75
140 ,000 00
8 ,487 87

Deposit in bank on interest,
Expense account,
Loans to railroad
Cash on hand .

$4,997,459 12

$4,997,459 12
Loans on Public Funds, amount on each :
On $ 8,000 City of Newton bonds, . . . .
On $ 1,000 United States 4 s, . .
Loans on Bank Stock , amount on each :

.

.

.

.

$ 8,000 00
1,000 00
$ 5 ,500 00
150 00
1,000 00
900 00

. . . .

On 50 shares Maverick National Bank, Boston, . .
On 10 shares MonumentNational Bank, Boston, .
On 14 shares Bunker Hill National Bank, Boston,

.

On 24 shares Blackstone National Bank, Boston ,
Invested in real estate (for banking purposes), . . .
Estimated value of the same, . . . .
Amount of real estate held by foreclosure, . . . .

$50,000 00

. .

52,800 00
162,370 00

128,850 00

Assessed value of the same, . . . .
Amount of incomereceived from the same, .

.
.

. .
. . .

.

Amount of municipal tax on real estate,
Cash on Deposit in Bank :

,.

,.

.

.

.

00
. . 11,966
3 ,367 95
.

.

,

Bunker Hill National Bank , Boston, . . . . . .
Whole amount of interest or profits received or earned , . .

. . $ 114,241 80
. . $ 246,223 59

Rate and amount of each semi-annual dividend for previous | 2 per cent.,
year,

.

.

.

.

.

.

.

.

.

86,921 35

2 per cent., l 91,502 66

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 : $50,000, 34
per cent.; $ 433,000, 4 per cent.; $ 50,000 , 45 per cent.; $ 50,000 , 41 per
cent. ; $ 836 ,000, 45 per cent.; $ 100 ,000, 45 per cent.; $ 295 ,000, 43 per
cent.; $314,600 , 5 per cent.; $ 9,500, 54 per cent.; $ 136,900, 51 per cent. ;
$ 1,004,940, 6 per cent.; $ 192,395, 64 per cent.; $ 112,650, 7 per cent. ;

$ 26,000, 710 per cent.; $ 36,216 .70, 74 per cent.; $ 500, 8 per cent.
* Thisbank has been notified that these loans have exceeded the legal limit.

BANK COMMISSIONERS' REPORT.

338

[Jan.

Number of outstanding loanswhich are of an amount not exceeding $3,000
each , · : :.. .
· 436
· · · · · ·
of the same, . . . . . . . . . $712,931 70
Aggregate amount
Amount of investments from which no income is received, .
Number of open accounts ,

.

.

.

.

.

.

.

.

.

.

12,763

.

9,350 00

Number and amount of deposits received for previous year, . 9,735 757,300 00
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

.

.

.

. 665343,099 00

Number and amount of withdrawals, . . .
Number of accounts opened the previous year, .

.
.

.
.

.
,

6 ,382 607,364 29

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 : November 18.

1,617

. 813
. .
. .

9,654 28

20,000 00

· PUBLIC FUNDS.
Estimated

Par Value.

United States 41s, .
"

4s,

.

.

Market Value. Amount Invested.

$ 300 ,000 $ 339,375 00

$ 300 ,000 00

250,000 298,750 00

250 ,000 00

46,400 00
50 ,600 00
.. 5 ,750 00

40,000 00

City and town bonds:
40 ,000

City of Charlestown 6s,
of Somerville 6s, . .
Town of Everett 6s, . . .

46 ,000
5,000

46 .000 00

5 ,000 00

$641,000 $740,875 00 $641,000 00
BANK STOCK .

Bunker Hill Nat'l Bank , Boston, .
City 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 ,350 00
2 ,380 00

Tremont Nat'l Bank , Boston , .
Atlas Nat'l Bank , Boston ,

15 ,800
11,800
10 ,800
9,000

Howard Nat'l Bank, Boston,

10 ,000

18 ,802 00
14,514 00
12,312 00
10 ,901 25
12 ,200 00
6 ,536 00

Eagle Nat'l Bank , Boston ,

Shoe and Leather Nat'l B 'k , Boston ,
Hide and Leather Nat'l Bank, Boston,
Massachusetts Nat'l Bank, Boston, .
Traders' Nat'l Bank , Boston , . .
Third Nat'l Bank , Boston ,

New England Nat'l Bank, Boston , .
Union Nat'l Bank, Boston ,
Everett Nat'l Bank, Boston , .
Naumkeag Nat'l Bank, Salem ,
Webster Nat'l Bank , Boston, .

Merchandise Nat'l Bank , Boston ,

Eliot Nat'l Bank, Boston,
State Nat'l Bank , Boston ,
Second Nat'l Bank, Boston, .

4,300

8 ,456
16 ,500
6 ,160
9,300
10 , 125
15 ,660
28 ,000
6 ,780
6 ,804

25
00
00
00
00
00
00
00
00

5 ,275 00

5 ,000 00
10 ,837 50

$ 20,000 00
2,000 00
7 ,500 00
5,000 00
15 ,000 00
5 ,500 00
10 ,000. 00
10,000 00
11,600 00
20 ,000 00
6 ,000 00
4 ,200 00
5 ,000 00
10 ,000 00
15 ,800 00
12,836 00
12,300 00

10 ,170 00
11,000 00
6 ,000 00

$ 193,500 $242,893 00 $199,906 00

1883.]

PUBLIC DOCUMENT — No. 8.

339

RAILROAD BONDS.
Estimated

Par Value.

Boston and Albany Railroad 6s,
Old Colony Railroad 78, , ,
Old Colony Railroad 6s, . .

il $50,000
50,400
50 ,000

Worcester and Nashua Railroad 5s, .

50,000

Market Value.

$59,500
62,500
58 ,500
50,500

00
00
00
00

AmountInvested .

$ 50,000 00
50 ,000 00
50,000 00
50,000 00

$ 200,000 $231,000 00 $200,000 00

340

BANK COMMISSIONERS' REPORT.

(Jan.

WARREN SAVINGS BANK – WARREN.
ss, Augus24,t 1882,
enced busineFebruary
17, 1882.
CommIncorporated

No. of corporators, 27.

John W . CHADSEY, President.

SAMUEL E . BLAIR, Treasurer .
STATEMENT.

LIABILITIES.

Deposits, . .

ASSETS.

$ 10,962 32

Loans on bank stock ,

.

i

$ 1,000 00

1,257 95

Railroad bonds,
Loans on real estate,

2,500 00

Loans on personal security, .

630 00

to counties, cities, or
Loans
towns, .

2,000 00
1,971 67
84 38
1,518 32

Deposit
in bank, on interest, :
Expense account,
Cash on hand, .

.

. . .

$10,962 32

$ 10,962 32
Loans on Bank Stock :

.

.

.

$1,000 00

. .

.

.

$ 1,971 67

The total amount of loans, with each specified rate of interest: $ 2,000 ,
4 per cent; $ 2,000 , 5. per cent.; $ 2,130, 6 per cent.
Number of outstanding loans which are ofan amount notexceeding $ 3,000
each ,
.
.
.
.
.
.
.
.
.
.
.
Aggregate amount of the same, .
. . . . . .

6,100 30

On 10 shares Palmer National Bank, Palmer,

.

. .

Cash on Deposit in Bank :

First National Bank, Worcester, .

.

. .

.

Times for the dividends, fixed by the by-laws: April and October.

. 83
Number of open accounts, . .
Number and amount of deposits received for previous year, .
Number and amount of deposits of and exceeding $ 300 at any one time
OS

.... .

for the previous year, . . . .. . . . . . . 8
. . 2
Number and amount of withdrawals, . . .
Number of accounts opened the previous year, . .
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 : December 18.

10,992 32
5,400 00
30 00
84 38

5,000 00

RAILROAD BONDS.
Par Value,

Boston and Albany Railroad, .

.

$ 1,000

Estimated
Market Value. Amount Invested .

$ 1,170 00

$ 1,257 95

341

PUBLIC DOCUMENT — No . 8 .

1883.]

WATERTOWN SAVINGS BANK – WATERTOWN.

Incorporated , 1870. No. of corporators, 34.
TILDEN G . ABBOTT, Treasurer.

CHARLES J. BARRY, President.

STATEMENT.

LIABILITIES

Deposits , .
Earnings undivided ,
Guaranty fund ,

ASSETS.

Publicstock
funds,
$ 272,054
1, 167 81
56 || Bank
,
3,000 00 Loans
on
bank
stock ,.
Railroad bonds, .

$ 30 ,285 00

.

37,432 76
1,250 00
37,675 00
139,518 25
8,000 00

.

Loans on real estate ,

Loans on personal security, .
Deposit in bank , on interest, .
Expense
account,
Cash on hand ,

22,000 00
4 00
57 37

$ 276,222 37

$276,222 37
Loans on Bank Stock : -On 15 shares Union Market National Bank , Watertown, .

.

.

.

.

.

. $ 22,000 00

$ 1,250 00

Cash on Deposit in Bank :
Union Market National Bank , Watertown, .

.

.

.

Whole amount of interest or profits received or earned, . . . . $ 14,014 62
Rate and amount of each semi-annual dividend for previous 21 per cent., 5,137 21
year, . .
. . . . . . . . } 2} per cent., 5,431 61
Times for the dividends, 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 : 4107.
The total amount of loans, with each specified rate of interest: $ 26 ,000 ,
5 per cent.; $ 33,000, 5 per cent.; $ 96 ,118 .25, 6 per cent.; $ 1,900, 6 . per
cent.; $ 47, 150, 7 per cent.; $ 7,000 , 8 per cent.
Number of outstanding loanswhich are ofan amount not exceeding $ 3,000
: . 65
each , . . . . .
Aggregate amount of the same, . . . . . . . . . .
Number of open accounts, . . . . . . . . . 975
Number and amount of deposits received for previous year, , 1,304

65,018 25

82,228 71

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 previousyear,
Amount of treasurer's bond, . . . . . . .
Date of examination by commissioner : June 5.

. 56

34,880 64

. 509
. 220
. 152
. .

59,096 65
866 16

5 ,000 00

342

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC FUNDS.
Estimated

City and town bonds :
City of Lewiston,Me., 6s,
of Bangor, Me., 6s, .
of Newburyport 6s, .
of Charlestown 6s, .
of Fitchburg 6s,
of Newton 6s, .
of Newton 5s, . .

of Cambridge 6s,
Town of Arlington 6s,
of Watertown 5s,
of Brookline 7s,
of Boston 6s, . .

.
..
.
..

Par Value.

Market Value.

$ 1,000
2,000
1,000
3,000
1,000
1,000
2,000
6,000
1,000
4 ,000
5 ,000

$ 1,150 00
2 ,260 00

1,080 00
3 ,390
1, 170
1 ,290
2 ,290

00
00
00
00

7,740 00

Amount Invested .

$ 1,000
2,100
1 ,600
3 ,300
1, 100

00
00
00
00
00

1, 195 00
2,340 00
7 .080 00

1,280 00

1,190 00

4 ,600 00
5 ,150 00
670 00

4 ,280 00

$27,500 $ 32,070 00

$ 30,285 00

500

5,100 00
600 00

BANK STOCK .

Commonwealth Nat'l Bank, Boston ,
Blackstone Nat'l Bank, Boston,
Metropolitan Nat'l Bank , Boston, .
Market Nat'l Bank, Boston, .
Exchange Nat'l Bank , Boston , .

ContinentalNat'l Bank , Boston,
Webster Nat'l Bank , Boston, .
North America Nat'l Bank, Boston ,
Third Nat'l Bank, Boston,
.
Boston Nat'l Bank , Boston , .

Central Nat'l Bank , Boston, .
Manufacturers' Nat'l Bank , Boston , .

Massachusetts Nat'l Bank, Boston, .
Traders' Nat'l Bank, Boston , .
Union Market Nat'l Bik , Watertown

$ 2 ,000
2,500
800
2,200
1 ,000
5 ,000
1,900
2 ,000
4 ,000
2,500
2 ,000
1,000
2 ,250
1,500
2 ,500

$ 2,220 00
2,712 50
968 00

$ 2,000 00
2,700 00
800 00

2 ,200 00

2,200 00

1.300 00

1.375 00

5 ,900 00
2,052 00

5 ,651 25

2,200 00
4 ,060 00
2 ,950 00
1 ,480 00
1,050 00

2,520 00
1,395 00
2,750 00

$53,150 $35,767 50

2 ,014
2 , 155
4 ,000
2 ,800
* 4 ,000
1 ,037
2,700
1,500
2,500

00
00
00
00
00
50
00
00
00

$ 37,432 75

RAILROAD BONDS.

Boston and Maine Railroad 7s,
Vermont and Massachusetts R .R . 6s,
Fitchburg Railroad 5s, . . .
Connecticut and Passumpsic R .R . 78,

Newport and Richford Railroad 55,:|

$ 2,470 00

$2,200 00

4 ,900 00
9,810 00

10,350 00
10,400 00

4,9:00 00
9,990 00
10,272 50
10 ,312 50

$ 34,900 $ 37,930 00

$ 37,675 00

$ 2 ,000
4,900
9,000
9,000
10,000

• This amount includes assessment.

1883.]

PUBLIC DOCUMENT — No. 8.

343

WEBSTER FIVE CENTS SAVINGS BANK - WEBSTER .

Incorporated, 1868. No. of corporators,52.
F. A . STOCKWELL, Treasurer.

F. D . Brown, President.
STATEMENT.

ASSETS.

LIABILITIES,

Public funds, .

Deposits, .

Earnings fund,
undivided,
Guaranty

.

09
*$427,175
4,263
97 Bank stock,
4,759 73 Railroad bonds,

$ 16 ,405 00

.

on real estate, .
Loans
Loans on personal security,

69,400 00
55, 352 50
20 ,400 00
196 ,785 00
20 ,797 00

Loans to counties, cities, or

43,000 00

.
Real estate by foreclosure,
towns,

.

Deposit in bank on interest, .
Expense account, .
Premium account,
Cash on hand, . .

4 ,039 96
505 93
9,400 50
112 90

.

$ 136,198 79

$ 136,198 79
Amount of real estate held by foreclosure,
Assessed value of the same, . . .
Amount of incomereceived from the same,
Amount of municipal tax on real estate,
Cash on Deposit in Bank :

.
.
.
.

.
.
.
.

. .
. .
. .
. .

First National Bank, Webster,

·

·

·

·

·

.
.
.
.

. . $ 20,400 00
. . 19,050 00
295 73
. .
42 28°
. .

·

·

Whole amount of interest or profits received, . . . . .
$ 22,224 35
Rate and amount of each semi-annual dividend for previous ? 2 per cent.,S 7,383 82
year,

.

.

.

.

.

.

.

.

.

.

2 per cent., ?

7,719 11

Times for the dividends fixed hy the by -laws: January 1and July 1.
The total amount of loans, with each specified rate of interest : $31,000,
4 per cent.; $ 26 ,150, 5 per cent.; $ 2,500, 52 per cent. ; $ 189,760, 6 per
cent.; $ 10,000, 64 per cent.; $ 1,172, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $ 3,000
each , . . . . .
. . . . . . . 194
161,682 00
Aggregate amount of the same, . .

. .
Number of open accounts, . . .
Number and amountof deposits received for previous year,

.

2,045

,

1,807 127,994 90

Number and amountof deposits of and exceeding $ 300
for the previous year, .
.
Number and amount of withdrawals, . .
Number of accounts opened the previous year, . .

.

. . . 77

.

.

.

.

. 378

.
Number of accounts closed the previous year, .
Amount of expenses of the corporation during previous year, .
Amount of treasurer's bond, . . . . .

. 348

Date of examination by commissioner : March 18 .

at any one time
43,633 00

1,097 109,598 56

. .

1,364 84

25,000 00

344

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.
Estimated

United
States bonds,
District of Columbia bonds,

Par Value.

Market Value.

Amount Invested .

$ 1,000
5 ,000

$ 1,780 00

$ 3 ,960 00
5 ,000 00

2,000

2,120 00
5 ,325 00

6,700 00

City and town bonds:

City
Me.,R . _I.,.
TownofofRockland,
Pawtucket,

5 ,000

$ 16,000 $ 18 ,925 00

2,120 00

5,325 00
$ 16,405 00

BANK STOCK .
$6 ,100 00

$6 , 100
8 ,000
700
' 1,200

$ 7 ,442 00
10, 280 00

840 00
1,920 00

8,000 00
700 00
1,200 00

Southbridge N 'l Bank, Southbridge,

2 ,000
500

2,420 00
660 00

2.000 00
500 00

Oxford Nat'l Bank , Oxford, .
Webster Nat'l Bank , Webster, .

2,000
1,000
6 ,500
2,300

2,640 00

1,070 00

2,000 00
1,000 00

Quinsigamond Nat'l B ’k ,Worcester,
Worcester Nat'l Bank ,Worcester, .
Mechanics' Nat'l Bank, Worcester, .
First Nat'l Bank,Worcester, . .
City Nat'l Bank , Worcester, .
Grafton Nat'l Bank,Grafton , .

Barre Nat'l Bank, Barre, .

.

Revere Nat'l Bank, Boston, .
Boylston Nat'l Bank, Boston , .
Shoe and Leather Nat'l B ’k , Boston ,
State Nat'l Bank, Boston , .
Merchants' Nat'l Bank, Boston ,
Webster Nat'l Bank, Boston , .
Blackstone Nat'l Bank , Boston ,
Atlas Nat'l Bank, Boston ,
Hide and Leather Nat'l B 'k , Boston,

1 ,000
1,000
6 ,400
4 ,800
3 ,400
400

Old Boston Nat'l Bank, Boston,

2,500

Eliot Nat'l Bank , Boston ,

.

Eagle Nat'l Bank, Boston,

.

City Nat'l Bank , Boston, .

.

1,000
500
200

Uncas
Nat'l Bank, Norwich,Conn., .|
First Nat'l Bank, Norwich Conn
,

., .

3,600
1,900

7,400

2 ,500
2,500

6 ,500 00
2,852 00

4,122 00
2,318
7,844
1,190
1,430
6 ,944
5 ,020
4 ,046
440
• 2,925

00
00
00
00
00
00
00
00
00

1,150
565
238
3,150
2,925

00
00
00
00
00

$69,400 $80,931 00

6 ,500
2,300
3,600
1,900
7,400

00
00
00
00
00

1,000 00
1,000 00

6 ,400 00
4 ,800 00
3,400 00

400 00
2,500
1 ,000
500
200
2,500
2,500

00
00
00
00
00
00

$69,400 00

RAILROAD BONDS.
Boston and Albany Railroad, .

$ 5,000
22,000
10 ,000

$6 ,200 00

86 ,050 00

Old Colony Railroad,
Boston , Revere Beach & Lynn R .R .,

26 ,890 00
12, 100 00

26 ,427 50
11,700 00

Fitchburg Railroad , :

10,000

11,250 00
$ 56 ,440 00

11,175 00

:

:

.

$ 47,000

$55,552 50

PUBLIC DOCUMENT — No. 8.

1883.]

345

WELLFLEET SAVINGS BANK – WELLFLEET.
Incorporated 1863. Number of corporators, 62.
RICHARD R". FREEMAN, President.
Thomas KEMP, Treasurer.
STATEMENT.
LIABILITIES.

Deposits, . .
Guaranty fund,
Bills payable, •

Earnings undivided ,
.
.

ASSETS .

stock , . . .
8324 ,170 41 Bank estate
,
9,967 31 1 Real
10 ,613 39 Loans on real estate,
694 00 Loans on personal security,

$ 237, 132 36

.

2,000 00
85,623 76

8,710 10

.

to counties, cities, or
Loans
towns, .

3,800 00
6 ,590 93

Deposit in banks on interest, :

1,587 96
$315,445 11

Cash on hand, . .
$ 315,445 11

Invested in real estate (for banking purposes), .
Estimated value of the same, .
.
.
.
.
Amount of municipal tax on realestate, . .

. . .
.
.
.
. . .

.
.
.

.
.
.

$2,000 00
3 ,000 00
42 00

Cash on Deposit in Bank :

Blackstone National Bank , Boston , .
. . . . . .
Whole amount of interestor profits received or earned , . .

. $ 6,590 93
. $ 18,047 51

Rate and amountofeach semi-annual dividend for previous 1 2 per cent., l 6,118 47
year, . . . . . . . . . .
2 per cent., 1
Times for the dividends fixed by the by -laws: January and July.

6,206 67

Average annual per cent. of dividends for the term ending at time of,and
including, last extra dividend : 51.
The total amount of loans, with each specified rate of interest : $ 8,000,

5 per cent.; $7,000, 58 per cent.; $64,633.10, 6 per cent.; $ 14,400.76 , 7
per cent. ; $ 4,000, 8 per cent.

Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each ,

.

.

.

.

.

. ..

.

.

.

.

Aggregate amountof the same, . . .
Number of open accounts, . . . ,
Number and amount of deposits received for previousyear,

.
.

. 39
1,016
. 318

33,623 76
50,121 56

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . .
. . . . . 24 12,591 77
Number and amount of withdrawals , .. .. . . . .. . 380 43,231 15
Number of accounts opened the previous year, . . . . . 95
Number of accounts closed the previous year, . . . . . 72
Amount of expenses of the corporation during previous year, . . . 1,200 00
Amount of treasurer 's bond, . . . . . . . .
20,000 00
Date of examination by commissioner : August 25.

346

BANK COMMISSIONERS' REPORT.

[Jan.

BANK STOCK.
Estimated

Par Value.

Market Valve

Amount Invested .

.

$ 9,100

$ 10,829 00

$ 9,810 75

Commerce Nat'l Bank, Boston,
Republic Nat'l Bank, Boston , .
Revere Nat'l Bank, Boston, .

3,000
13,700
1,800
8,600
10 ,000

3,720
16 ,303
2, 101
10 ,277
11,375

00
00
50
00
00

4 ,618 10
14,579 38
1, 998 00
10 ,222 25
12,214 51

7,500
10,000
3,500
8,500

13 ,068 75
11,575 00

12,923 25

State Nat'l Bank, Boston, .

Hamilton Nat'l Bank , Boston , .

Hide and Leather Nat'l B ’k , Boston,
Central Nat'l Bank, Boston,
Tremont Nat'l Bank , Boston, .

North Nat'l Bank, Boston , .
Freeman 's Nat'l Bank , Boston ,

Mount Vernon Nat'l Bank , Boston , .
New England Nat'l Bank, Boston , .
Suffolk Nat'l Bank, Boston, .
Third Nat'l Bank, Boston, .
Second Nat'l Bank, Boston ,
Manufacturers' Nat'l Bank, Boston,.
Webster Nat'l Bank , Boston, .
Blackstone Nat'l Bank, Boston,

Globe Nat'l Bank , Boston ,

Atlas Nat'l Bank , Boston ,
Continental Nat'l Bank, Boston ,

Shawmut Nat'l Bank, Boston , .
Eagle Nat'l Bank , Boston, .
Eliot Nat'l Bank, Boston , . .
Faneuil Hall Nat'l Bank , Boston, .
Boylston Nat'l Bank , Boston , .
Shoe and Leather N 'l Bank, Boston,
Boston Nat'l Bank, Boston , .
Traders' Nat'l Bank, Boston, .
Howard Nat'l Bank , Boston , .
Union Nat'l Bank, Boston ,
Old Boston Nat'l Bank, Boston ,
First Nat'l Bank , Provincetown,

2,000
4 ,200

2,500
3 ,000

20,000
2,200
6 , 100
3 ,500
10 ,000
13,500

14,500

4 ,602
10 ,030
2 ,605
4 ,620
3,475
3,588
20,250

50
00
00
00
00
75
00

3,344 00
6 ,603 25

3 ,858 75
11,000 00
16 ,305 00

17 ,163 75

9 .000

9,990 00

10 ,000
15 ,600

11,500 00
18,387 75
5 ,160 00

4 ,000
3,600
800
1,000

1,100
1 ,500
2 ,300
2,500
2 ,400

4, 329 00
884 00

1,212 50
1,094 50
1,800 00
3,312 00
2,950 00
3 ,840 00

15 , 108 75
4 ,210 62
10 ,126 50

2 ,540
5 ,469
4 ,318
3,612
20 ,000
2,200

00
25
75
50
00
00

6 , 100 00

3,500 00
10 ,000
13,500
14 ,500
9,000
10 ,000

00
00
00
00
00

15 ,600 00
4 ,000 00
3,600 00
800 00

1,000 00
1,100 00
1,500 00

2 ,773 25
3 ,675 00
2,531 50

$211,000 $251,155 00 $237,132 36

347

PUBLIC DOCUMENT — No. 8 .

1883. ]

WESTBOROUGH SAVINGS BANK - WESTBOROUGH .
Incorporated 1869. Number of corporators, 65.
Geo. O . BRIGHAM , Treasurer.
Cyrus Fay, President.
STATEMENT.

LIABILITIES .

Deposits , . .
Earnings undivided ,

ASSETS .

$ 494,054 94 | Public funds,
6 ,536 28
6 ,185 00

Guaranty fund ,

$ 12,500 00

Bank stock ,

58,800 00
3,000 00
12,097 27
307,227 52
61,314 00
13,000 00
41,479 18
48 10
$ 509,466 07

Railroad bonds,

2,689 85 Realestate by foreclosure, .
Loans on real estate, . .
Loans on personal security, .

Suspense account,

Loans
to counties, cities, or
towns, . .
Deposit
in banks on interest. .
Expense account, .

.

$ 509,466 07
. .
.
. .
. .

...

Amountof real estate held by foreclosure,
Assessed value of the same, . . .
Amount of income received from the same,
Amount of municipaltax on real estate,

. .
. .
. .
. .

. $ 12,097 27
. . 12,000 00
480 00
. .
176 24
. .

. .

.

. $ 14,450 06

.
.

.
.

. 27.029 12
. $ 22,804 26

Cash on Deposit in Banks, amount in each : -

Commonwealth National Bank, Boston,

. .

.

First National Bank, Westborough, . . . .
Whole amount of interest or profits received or earned,

.
.

Rate and amount of each semi-annual dividend for previous 1 24 per cent., 10,761 00
year, . . . . . . . . . .
52 per cent., l 8,832 61
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, and
including, last extra dividend : 41 .

The totalamount of loans, with each specified rate of interest: $7,000, 4
per cent.; $ 27,000, 5 per cent.; $ 347,541.52, 6 per cent.
Number of outstanding loans which areof an amount not exceeding $ 3,000
each , . . . . . . . . . . . . . 232
Aggregate amount of the same, . .
256,141 52
Number of open accounts, . . . . . . . . 1,647
Number and amount of deposits received for previous year, , 1,440 144,970 30
Number and amount of deposits of and exceeding $ 300 at any one time
65,525 63

.

.

.

.

. 118

Nuniber and amount of withdrawals, . . .
Number of accounts opened the previous year, .

.
.

.
.

.
.

1,084 104,118 69
. 393

for the previous year, .

.

.

.

.

Number of accounts closed the previous year, . . . . . 254
Amount of expenses of the corporation during previous year, . .
Amount of treasurer's bond, . . . . .
. . . .
Date of examination by commissioner : June 12.

1,016 25
20 ,000 00

348

BANK COMMISSIONERS' REPORT.

[ Jan .

PUBLIC FUNDS.
Par Value.

Estimated
Market Value.

Amount Invested.

City and town bonds:
City of Rockland, Me., .

$ 2,500

$ 2,500 00

$ 2,500 00

Town of Westborough water bonds,

10,000

11,150 00

10 ,000 00

$12,500 $13,650 00

$ 12,500 00

BANK STOCK .
Traders'.Nat'l Bank, Boston , . .
Tremont Nat'l Bank , Boston , .
Globe Nat'l Bank , Boston , .
Commerce Nat'l Bank , Boston,
Redemption Natl Bank, Boston,
Everett Nat'l Bank, Boston , .

.

Merchants' Nat'l Bank, Boston ,
New England Nat'l Bank , Boston , .
Hide and Leather Nat'l B ’k , Boston ,

Republic Nat'l Bank, Boston, .
City Nat'l Bank, Worcester, .

Quinsigamond N 'l Bank,Worcester,
First Nat'l Bank , Westborough,

$ 5 ,500

$ 4,950 00

3,600
1,600
800
2 ,000
3,000

4 ,140 00
1 ,712 00
952 00

4 ,200
600
1 ,900
1 ,000
2 ,200

1,500
16,400
2,000

Millbury Nat'l Bank , Millbury,

Grafton Nat'l Bank, Grafton,
Marlborough N 'l B 'k , Marlborough , /
Northborough NlBik , Northborough,

500
10,000

2,000

2 ,620 00

3,390 00
5 ,880 00
810 00
2 ,090 .00

1,250 00
2,662 00
1,830 00

17 ,712 00
2,600
550
10 ,000
2,400

00
00
00
00

$ 58,800 $65,548 00

$5 ,500 00
3 ,600 00
1 ,600 00
800 00

2,000 00
3,000 00
4 ,200 00
600 00
1,900 00

1,000
2, 200
1,500
16 ,400
2 ,000
500
10 ,000
2,000

00
00
00
00
00
00
00
00

$58,800 00

RAILROAD BONDS.

Boston, Clinton and Fitchburg R .R .,
Fitchburg Railroad , .

.

.

.

$ 2,000

$ 2,000 00

$ 2,000 00

1,000

1 ,100 00

1,000 00

$3,000

$ 3,100 00

$ 3,000 00

PUBLIC DOCUMENT — No. 8.

1883. ]

349

WESTFIELD SAVINGS BANK – WESTFIELD.
Incorporated 1853. Number of corporators, 53.
V . W . CrowSON , Treasurer.
SAMUEL FOWLER, President.
STATEMENT.

LIABILITIES.

Deposits, . .
Earnings undivided ,
Gua

ranty fund,
:
Rent rec'd from real
estate by foreclosure,
Other liabilities,

ASSETS.

$ 165 ,000 00

8769,606 01 | Public funds, . .
16 ,458 33 Bank stock ,
10,831 28 Loans on bank stock , . .
Real estate by foreclosure, .
1,670
69 Loans on real estate, . . .
51 50 Loans on personal security , .

62,200 00
3,075 00
23,451 00

394,167 55
57,720 90

Loans
to . counties, cities, or
towns,
Deposit in bank on interest, .

34,000 00
20,971 88
496 56

Expense account, . . .
Deferred premium account, .
Deterred profit and loss account,
Expenses
by fore- !
closure, on: ,real. estate
.
Cash on hand . . .

16 ,447 59
17 ,251 75
440 31

3,395 27

$ 798,617 81

$ 798,617 81

Loans on Bank Stock :
Assessed value of the same, . . . .
Amount of incomereceived from the same, .

.
.

.

.
.

: ::

Amount of municipal tax on real estate,
Cash on Deposit in Bank : --

.

....

. .
. .

.

. $ 3,075 00
. $ 23,451 00

. . . :

On 38 shares First National Bank, Westfield ,
Amount of real estate held by foreclosure, .

First National Bank, Westfield, . . . . . . . . .
Whole amount of interestor profits received or earned, . .
.
Rate and amount of each semi-annual dividend for previous / 2 per cent., S
year, . . . . . . . . . . . S 2 per cent.,?
Times for the dividends, fixed by the by-laws: January 10 and July 10.
Average annual per cent. of dividends for the term ending at time of, and
including, last extra dividend : 8 }.
The totalamount of loans, with each specified rate of interest : $5,250, 4
per cent.; $ 183,713.45 , 5 per cent.
Number of outstanding loans which are of an amount notexceeding $ 3,000
each, . . . .
. . . 216
.
Aggregate amount of the same, .
Number of open accounts, . . . . . . . . 2,615
Number and amount of deposits received for previous year, . 6,655
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, .

.

27,650 00
2,004 52
416 97

$ 20,971 88
$ 39,690 51
14,997 49
14,875 44

218,042 75
168,337 36

.

.

. 108

62,637 72

.

.

1,532

155 ,927 46

. . 402
. . 352
. . .
. . .

1,364 96
10,000 00

. .
.
Amount of expenses of the corporation during previous year,
Amount of treasurer's bond, . . . . . . .
Date of examination by commissioner : August 3.

350

BANK COMMISSIONERS' REPORT.

[ Jan.

PUBLIC FUNDS.
Estimated

United States 44s, .
"

.

"

4s,

"
"

6s, currency,
38, .
.

Par Value.

Market Value.

AmountInrested.

.

$ 20,000

$ 22.400 00

$ 20,000 00

67,830 00

'

57,000
40,000
12,500

57 ,000 00
40,000 00
12,500 00

.

City bonds :
City of Cincinnati, O .,

51,910 00

12,750 00

10 ,000
10 ,000
3,000
4 ,000

12,800 00
11,800 00

..

3 ,000

3 ,510 00

of Northampton ,
of Minneapolis,Minn.,

3,000

3,510 00

3,000 00
3,000 00

2,500

2,875 00

2,500 00

of Providence, R. . I., .
of Chelsea ,
of Charlestown
Portland, Me., . .

of

,

3,540 00
4 ,280 00

10,000
10 ,000
3,000
4 ,000

00
00
00
00

$ 165 ,000 $ 197,205 00 $ 165,000 00
BANK STOCK .

First Nat'l Bank, Westfield ,

$ 12,200
800
3,000
3 ,200
Agawam Nat'l Bank, Springfield , : ]
City Nat'l Bank, Springfield , .
5 ,000
Redemption Nat'l Bank, Boston, .
2 ,500
Suffolk Nat'l Bank, Boston ,
1,000

Hampden Nat'l Bank, Westfield , .
Hampshire Co. N 'I B'k ,Northampt'n ,
Eagle Nat'l Bank, Boston ,
Hide and Leather Nat'l B k , Boston ,
Atlas Nat'l Bank, Boston ,

$ 57 ,814
1,200
3,900
4 , 160
6 ,000

00
00
00
00
00

3,275 00

$ 56 ,973
1 ,140
3 ,000
3,672
5 ,000
3 ,293

25
00
00
00
00
75

1,081 00
2,300 00

500

1,180 00
2,240 00
550 00

2 ,000

2,420 00

2,092 50

$62,200 $82,739 00

$79,118 75

2,000

566 25

351

PUBLIC DOCUMENT — No. 8 .

1883.]

WEYMOUTH SAVINGS BANK - WEYMOUTH .
Incorporated 1833. Number of corporators, 68 .
EBEN DENTON, President.
CHARLES T. CRANE, Treasurer.
STATEMENT.

LIABILITIES.
Deposits, .

.

.

Earnings undivided ,
Guaranty fund ,

Assets.
$ 533,572 87 Public funds,
18,692 19 Loans on public funds, .
Bank stock ,

$ 11,887 50
6 ,000 00
66,800 00
11,800 00

13, 167 00

Railroad bonds,

Real estate by foreclosure,
Loans on real estate, .

.

102,422 00
321, 172 00
21,071 00
12,481 13
10, 800 00

.

Loans on personal security ,

Deposit in banks on interest, .
Suspense account,

Cash on hand and in bank,

998 43

$ 565,432 06

$ 565,432 06

Loans on Public Funds, amount on each : -On $ 2,000 city of Salem bonds ; $ 3,000 city of Charlestown bonds ; $ 1,000
town of Roxbury bonds, . . .
. . . . . .

Amount of real estate held by foreclosure, . .
Assessed value of the same, . . .
Amountof incomereceived from the same, . .
Amount of municipal tax on real estate, . .
Cash on Deposit in Banks, amount in each :
. . .
Union National Bank, Weymouth , , . .

Republic National Bank , Boston , .

.

.

.

$6,000 00
. $ 102,422 00

.

68,715 00
5 ,086 13

.

.

.

.

.

.

.

.

.

.

.

.

.

1,080 23

. $ 12,481 13
792 77

Whole amount of interest or profits received or earned, . . . . $34,389 24
Rate and amount of each semi-annual dividend for previous 1 2 per cent., 11,022 79
year, . . . . . . . . . .
J 2 per cent., l 10,730 39
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 : 74.
The total amount of loans, with each specified rate of interest: $6,000, 4
per cent.; $ 26 ,900, 5 per cent ; $5 ,000, 54 per cent.; $ 139,624 ,6 per cent.;
$74,805, 6 per cent.; $ 47,853, 7 per cent.; $ 1,350,71 , per cent.; $ 27,070,
7 per cent.; $ 19,641, 8 per cent.

Number of outstanding loans which are of an amount not exceeding $ 3,000
· of· the ·same,· ·. ·. ·. ·. .· ·. ·. ·. 210.
each, ·amount
Aggregate
207,754 00
.
Amountof investments from which no income is received , .

,

.

.

Number of open accounts,

.

.

.

.

.

.

,

1,693

Number and amount of deposits received for previous year, . . 367
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 20
Number and amount of withdrawals, . .. .. . .
. ,721
Number of accounts opened the previous year, . . . . . 100
Number of accounts closed the previous year, . . . . . 201
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond, . .
. . . . .
Date of examination by commissioner : July . 22. .

4,000 00
28,824 25

10,532 38
77,146 12
2,664 40

17,500 00

352

BANK COMMISSIONERS' REPORT.

[ Jan.

PUBLIC FUNDS.
Estimated

Par Value.

United States As,

.

Market value. AmountInvested.

$ 12,000 $ 14,325 00 / $ 11,887 50

.

BANK Stock .
Union Nat'l Bank, Weymouth ,
Hide and Leather Nat'l B ’k , Boston,
Washington 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 ' Nat'l Bank, Boston ,
North Nat'l Bank , Boston ,
Metropolitan Nat'l Bank , Boston ,
Merchandise Nat'l Bank, Boston , .

$ 34,800
7 ,500
4 ,000
4 ,000
2 ,700
2,700
3 ,000
1 ,500
1, 200
1,400
2 ,000
2,000

$ 41,760 00

8 ,250
5 ,430
3 ,710
2,926
2,929
3,750
1,951
1,687
1,805
2,425
2,000

00
00
00
12
50
00
88
50
50
00
00

$66 ,800 $ 78,625 50

$ 34 ,800 00

7,500 00
4 ,000 00

4 ,000
2 ,700
2,700
3,000

00
00
00
00

1,500 00

1 ,200 00
1,400 00

2 ,000 00

2 ,000 00

$66 ,800 00

RAILROAD Bonds.

Boston,Rev. Beach and Lynn R .R .6s,

$ 10,00 $11,600 00

$11,800 00

1883 .]

353

PUBLIC DOCUMENT — No. 8 .
WHITINSVILLE SAVINGS BANK – WHITINSVILLE .

Incorporated , 1872. Number of corporators, 57.
H . A . GOODELL, Treasurer.

CHARLES P . Whitin , President.

STATEMENT.

LIABILITIES.

Deposits , .
Earnings undivided .
Guaranty fund,

ASSETS .

$ 252,734 35 Public funds, .
Bank stock ,
7,280 23 1 Railroad
bonds,

.

.

$ 9,000 00
76 ,398 79
28,340 00

2,656 24

Loans on real estate, . .
Loans on personal security,
Deposit in bank on interest,
Expense account,

85,079
57,500
5 ,750
601

.

.

$ 262,670 82

74
00
34
95

$ 262,670 82

Cash on Deposit in Bank :

Whitinsville
Bank,, .. . . . . . . . . . $ 5,750 34
sville National Bank
Whole amount of interest or profits received or earned ,
. . . $ 12,758 21
Rate and amount of each semi-annual dividend for previous | 2 per cent., r 4,155 69
year, . . . . . . . . .
2 per cent., l
Times for the dividends, fixed by the by-laws : May and November.
The total amount of loans, with each specified rate of interest : $ 52,500 ,

4,366 43

44 per cent.; $ 8,800, 5 per cent.; $ 37,500, 54 per cent.; $ 48,705, 6 per
cent. ; $ 2,930, 7 per cent.; $ 1,124.74, 76, per cent.
Number of outstanding loanswhich are of an amountnot exceeding $ 3,000

each, · · · · · · · · · · · .· .· 42.
Aggregate amountofthe same, . . . . .
40,679 74
. 874
. .
Number of open accounts,
Number and amount of deposits received for previous year, . . . 850 68,739 72
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, .

.

.

.

.

.

. 43

19,932 55

Number and amount of withdrawals , .

.

.

.

.

402

38,745 01

. . 168
. . 112
.
.
.

20,000 00

.

.

Number of accounts opened the previousyear,
. .
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 1.

447 50

354

BANK COMMISSIONERS' REPORT .

[ Jan .

Public FUNDS.
Estimated
Par Value.

Market Value. Amount Invested.

City bonds :

City of Norwich
, Conn ., .
of Fall River, is u .

of Manchester, N . H .,

$ 1,000

$ 1,140 00

5 ,000
3 ,000

6 ,250 00
3 ,480 00

$9,000

$ 10 ,870 00

$ 1,000
5 ,000
3,000
$ 9,000

00
00
00
00

BANK STOCK .
Atlantic Nat'l Bank, Boston, .

$ 3 .900

$ 5 ,928 00

Atlas Nat'l Bank, Boston,
Blackstone Nat'l Bank, Boston ,

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

2,440 00

Boylston Nat'l Bank, Boston , .
Boston Nat'l Bank, Boston ,

.

Columbian Nat'l Bank , Boston ,
Commonwealth Nat'l Bank , Boston ,
Commerce Nat'l Bank , Boston ,

City Nat'l Bank, Worcester, . .
Everett Nat'l Bank, Boston, .
Eliot Nat'l Bank , Boston , .
Exchange Nat'l Bank , Boston ,

Faneuil Hall Nat'l Bank, Boston,
Freeman's Nat'l Bank, Boston ,
Massachusetts Nat'l Bank, Boston , .
Merchants' Nat'l Bank, Boston ,
Millbury Nat'l Bank ,Millbury,
New England Nat'l Bank, Boston, .
North Nat'l Bank, Boston,
North America Nat'l Bank, Boston ,
Northboro ' Nat'l B ’k , Northboro ', .
Redemption Nat'l Bank, Boston,
Revere Nat'l Bank, Boston , . .
Union Nat'l Bank, Boston,
Republic Nat'l Bank , Boston, .
Webster Nat'l Bank, Boston , . .

2,200
366
2,096
3,450

00
00
00
00

1 ,364
4 ,600
3,420
1, 180
1,310
1,300
2,950
3,390
6 , 132
3,750
1 , 100
3,300
3 ,450
2 ,080
5 ,360

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

2,500 00

$ 5 ,640 75
2 ,492 50
2 ,651 17

2 ,998 00

323 25
3 ,752 50
2,225 00

1,334 00
4,500 00
3,735 00

2,220 00

1, 167 50
1,398 75
3,360 25
3,760 62
6 ,055 75
3,541 75
1,485 00
3 ,243 75
3 ,287 50
2,080 00
6 ,027 50
2,369 75
1,372 50
3 ,578 50
2 ,277 50

$58,400 $73,265 00

$76,398 79

3,000
1,000

2,500
3 ,000

1,600
4 ,000
1 ,900
1,000
2 ,800

2 ,000

2 ,223 00
1,440 00
3 ,416 00

1,740 00

RAILROAD BONDS.

Providence and Worcester R . R ., . $ 12,000 $ 14,400
Old Colony Railroad, .
8 ,190
7,000
Worcester and Nashua Railroad, il 1 ,000
1,045
Salem and Lowell Railroad , . .
3,000
3,300
4,600
Connecticut & Passumpsic River R .R .
4,000
$ 27 ,000 $ 31,535

00
00
00
00
00

$ 13,310 00

00

$ 28,310 00

7 ,000 00
1,000 00
3,000 00

4 ,000 00

1883. ]

PUBLIC DOCUMENT — No. 8.

355

WINCHENDON SAVINGS BANK - WINCHENDON .

Incorporated 1854. Number of corporators, 125.
C. L. Beals, Treasurer.

ORLANDO MASON , President.

STATEMENT.

LIABILITIES.

Deposits, •

: . .

ASSETS .

8532,118 55

Earnings undivided ,
Guara fund, .

$ 89,100 00

Bank stock ,

20 ,696 60 Loans on bank stock , .
12,835 52 Railroad bonds,
Real estate by foreclosure,

nty

16 ,754 54
21,000 00

3,261 30
266,273 61

Loans on real estate, . .
Loans on personal security,

138,593 98
8,000 00
200 00
22,467 24

Loans
to counties, cities, or
towns, . . . .
Furniture, .
Cash on band and in bank, .

$ 565,650 67

$565,650 67
Loans on Bank Stock :

On 176 shares First National Bank , Winchendon,
Amount of real estate held by foreclosure,
Assessed value of the same, . .
Amount of incomereceived from the same,
Amount of municipal tax on real estate,

.
.
.
.

.

.

.

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

.

. $ 16 ,754 54

. .
. .
. .
. .

$ 3,261 30
3,400 00
252 00
51 00

Cash on Deposit in Bank :

FirstNational Bank, Winchendon , . . . . . . . . $14,204 44
Whole amount of interest or profits received or earned , . . . . $ 24,323 12
Rate and amountof each semi-annual dividend for previous 2 per cent., ſ 9,286 11
year, . . . . . . . . . . . . 2 per cent., l
Times for the dividends fixed by the by-laws: May 1 and November 1.
Average annual per cent. of dividends for the term ending at time of, and
including , last extra dividend : 41.

9,582 33

The total amount of loans, with each specified rate of interest : $ 3,000,
43 per cent.; $ 13,149.25, 5 per cent.; $ 28,500, 5 per cent.; $ 345,534.18,
6 per cent.; $5 ,000,64 per cent.; $ 7,700 , 7 per cent.
Number of outstanding loans which are ofan amountnot exceeding $ 3,000
each , . . . . . . . . . . . . . 172
. . . . . $ 137,658 89
Aggregate amountof the same, .
. 1,874
Number of open accounts, . .
Number and amount of deposits received for previous year, . ' 961 108,993 35
Number and amount of deposits of and exceeding $ 300 at any one time
89
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 hond , . . . . . . .
Date of examination by commissioner : July 20.

.

.

. . 543
. . 230
. 162
. . .
. . .

47,498 13
59,506 38
1,240 07
50,000 00

356

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK .
Estimated

Par Value.

First Nat'l Bank, Winchendon ,
First Nat'l Bank, Leominster, .
First Nat'l Bank , Boston , .
.
Merchants ' Nat'l Bank , Boston ,
Mechanics' Nat'l Bank, Boston ,
Faneuil Hall Nat'l Bank , Boston , .
Eliot Nat'l Bank, Boston, . .
Commonwealth Nat'l Bank , Boston ,
Redemption Nat'l Bank, Boston,
Rollstone Nat'l Bank , Fitchburg, .
Fitchburg Nat'l Bank , Fitchburg,

$ 31,600
8,500
1,600
10 ,000
3,400
4 ,800
1,700
2,500
10 ,000

Market Value. Amount Invested .

$ 12,660 00
8 ,500 00
3,000. 00
13 ,300
4 ,000
6 ,000
7,705
2,750

00
00
00
(o
00

$ 31,600
8,500
1,600
10 ,000

00
00
00
00

3 ,400 00
4 ,800 00
6 ,700 00

2,500 00

9 .000

12,500 00
13,050 00

10 ,000 00
9,000 00

1,000

1,350 00

1,000 00

$89,100 $114,815 00

$59,100 00

RAILROAD Bonds.
Fitchburg
Railroad , .
Cheshire Railroad , .

.

$ 15 ,000

$ 17.250 00

$ 15 ,000 00

6 ,000

6 ,180 00

6 ,000 00

$ 21,000 $ 23,430 00

$21,000 00

PUBLIC DOCUMENT — No. 8.

1883.]

357

WINCHESTER SAVINGS BANK – WINCHESTER .

Incorporated 1871. Number of corporators, 35.
Joun T . MANNY, Treasurer.

Thomas P. Ayer, President.

STATEMENT.
LIABILITIES.

Deposits, . . .
Earnings undivided ,
Guarant
y fund,
Premium account,

ASSETS.

$ 258 ,850 65
1,273 88

$ 19 ,611 76
15,511 25
2,027 05

Bank stock ,
Railroad bonds,

3,050 54 Real estate by foreclosure, .
1,935 00 Loans on realestate,
. .
Loans
on
personal
security
,
Loans to counties, cities, or

108,017 22
56,142 66

.

69,465 00

Deposit in bank on interest, .
Furniture and safe,

3,297 42
500 00

towns, .

Cash on hand, ·

·

·

537 72

$ 265,110 07

$265,110 07
Amount of realestate held by forcclosure, .
Assessed value of the same, .

.

. .
Amount of incomereceived from the same,
.

Amount of municipal tax on real estate,

.

. .

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$ 2,027 05
2,150 00
145 00

.

.

.

.

.

.

36 07

.

Cash on Deposit in Bank : --

EliotNational Bank, Boston , . . . . . . . . . . $3,297 42
Whole amount of interestor profits received or earned, . . . . $ 14,851 46
Rate and amount of each semi-annual dividend for previous / 24 per cent., s 5,536 90
year,

.

.

.

.

.

.

.

.

.

.

. ) 21 per cent., l

5 ,796 32

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 .

The total amount of loans, with each specified rate of interest : $ 15,000,
4 per cent.; $ 59,000 , 5 per cent.; $ 31,300 , 5 per cent.; $ 100,742, 6 per
cent.; $ 39,475, 7 per cent. ; $ 200 , 8 per cent.

Number ofoutstanding loans which areofan amountnot exceeding $ 3,000
encb, . . . . . . . .
. . . . 34
Aggregate amount of the same, . . . . . . . . . 39,382 50
963
Number of open accounts, . .
Number and amount of deposits received for previous year, . 1,257 69,884 94
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 40 22,519 92
Number and amount of withdrawals, . . . . . . . 656 52,054 86
Number of accounts opened the previous year, . . . . . 188
. . 116
Number of accounts closed the previous year, .
772 25
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer 's bond, . . . . . . . . . .
5 ,000 00
Date of examination by commissioner: July 12.

358

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK .
Estimated
Par Value.

Metropolitan Nat'l Bank, Boston , .
Eliot Nat'l Bank, Boston ,
Atlas Nat'l Bank , Boston , .
State Nat'l Bank, Boston ,

2 ,000
3 ,000
2 ,000
1 ,700
700

Eagle Nat'l Bank, Boston,

1,300

Commerce Nat'l Bank, Boston ,
North America Nat'l Bank, Boston , .
Hamilton Nat'l Bank , Boston , .
First Nat'l Bank ,Woburn, i
Globe Nat'l Bank , Boston , .

Market Value. AmountInvested .

2,400 00

2,000 00

3 ,570
2, 450
2,057
868
1,469

3,240 00

00
00
00
00
00

2 ,583 00
2 ,076 25
844 25

500

555 00

400
2 ,000

472 00
2,960 00

570 00
496 00

3,000 00

3,000

3,240 00

3,330 00

$ 10 ,000

$20,041 00

$ 19,611 75

2 ,162 50
6 ,368 75
4 ,800 00

1,472 25

RAILROAD BONDS.
Boston and Albany Railroad, .

2,000

2 ,400 00

Boston and Lowell Railroad, .

6 ,000

Old Colony Railroad,

4 ,000

2,000

6 ,600 00
4,448 00
2,200 00

$ 14,000

$15,618 00

Fitchburg Railroad , .

.

2, 180 00

$ 15,511 25

1883.]

359

PUBLIC DOCUMENT — No. 8 .
WOBURN FIVE CENTS SAVINGS BANK - WOBURN .

Incorporated April 11, 1854. Number of corporators, 11.
E . E . THOMPSON , Treasurer.

John CUMMINGS, President.
STATEMENT.
LIABILITIES.

Deposits, . . .
Earnings undivided ,

ASSETS.

$ 500,066 37 Public funds,

$ 9,000 00
3,750 00
33,975 50
164,097 90
95 ,850 00

.

193,540 00

20 ,645 69 Bank stock ,
3,784 61 Railroad bonds

Guaranty fund,

Realestate by foreclos ,
Loans on real estate , ure.
Loans on personal security , .
Loans to counties , cities or

16 ,410 65
7,055 68

towns,

Deposit in bank on interest,

816 94
$ 524,496 67

Cash on hand ,

$ 524,496 67

. $ 33,975 50
43,650 00
Amount of income received from the same, . . . . . . .
2,313 18
803 96
Amount of municipal tax on real estate, . . . . . . .
Cash on Deposit in Bank : First National Bank , Woburn , . . . . . . . . . $7,055 68
Whole amount of interest or profits received or earned, . . . . $ 27,497 30
Rate and amount of each semi-annual dividend for previous / 2 per cent., 8,267 12
. . . . ) 2 per cent, l 8,997 96
year, . . . . . .
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 .
Amount of real estate held by foreclosure, .

.

Assessed value of the same,

.

.

.

.

.

.

.

.

.

The total amount of loans, with each specified rate of interest : $ 7,055 .68,
2 per cent. ; $ 15,121.56, 41, per cent.; $ 104,489 09, 5 per cent.; $ 20 ,300, 51
per cent. ; $ 101,107 .90, 6 per cent.; $ 4,300, 6 per cent.; $ 24 , 165 , 7 per
cent.; $ 200 , 710 per cent.; $ 850 , 7 per cent.; $ 5 ,525 , 8 per cent.

Number of outstanding loanswhich are ofan amount not exceeding $ 3,000
each , · · · · ·
· · · · · · · 110
Aggregate amount of the same, . . . . . . . . . 97,815 00
822 00
Amount of investments frour which no incomeis received , . . . .
Number of open accounts, . . .
. . . . 2,405
65
Number and amount of deposits received for previous year, . 2,497
Number and amount of deposits of and exceeding $300 at any one time
. . 89 49,553 26
for the previous year, . . . .
Number and amount of withdrawals , . .
Number of accounts opened the previous year, .

.
.

.
.

.
.

1,152
. 473

Number of accounts closed the previous year,

.

.

.

. 273

.

81,023 99

Amount of expenses of the corporation during previous year, .

.

.

2,890 57

Amount of treasurer 's bond, .

.

.

20,000 00

.

.

.

Date of examination by commissioner : July 13.

.

.

.

.

360

BANK COMMISSIONERS' REPORT.

[Jan.

PUBLIC FUNDS.
Estimated

Par Value.

Town of Pawtucket, R .I., 6s, .

Market Value. AmountInvested.

$ 9,000 $10,710 00

$ 9,000 00

BANK STOCK
$ 13,000 $ 15 ,892 50

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

10,500

2,000
6 ,700
1,200

Continental Nat'l Bank, Boston ,
Commerce Nat'l Bank , Boston ,
Eliot Nat'l Bank , Boston,
Faneuil Hall Nat'l Bank, Boston ,
Hide and Leather Nat'l B ’k , Boston ,

Howard Nat'l Bank , Boston , .
New England Nat'l Bank, Boston , .
Revere Nat'l Bank, Boston , .
Shawmut Natl Bank , Boston , .
Shoe and Leather Nat'l B'k , Boston,
Second Nat'l Bank , Boston , .
Suffolk Nat'l Bank , Boston , .

Old Boston Nat'l Bank, Boston ,
Webster Nat'l Bank, Boston, .
First Nat'l Bank, Woburn, .

4,500
5 ,500
12,800
2,500
16 ,500

15,000
25,000

17,000
2 ,000
3,900

1,000
1,000

11,392 50
2,370 00
7 ,931 12

$ 15 ,500
11,500
2,500
8 ,000

00
00
00
00

1,431 00

1,500 00

5 ,355 00

5,500 00

7 ,163 75
14 ,080 00
3,050
22 ,275
17 ,100
27 ,500
17 ,935
3,010
4 ,563
1, 205
1,083

00
00
00
00
00
00
00
00
75

27 ,550 00
$ 159,100 $ 190,917 62
19,000

7,000
14 ,500
3 ,000
23 ,000
17 ,500
29,500
18,500
3,000

00
00
00
00
00
00
00
00

4 ,700
1,200
1,100
26 ,040

00

00
00
00

$ 193,540 00

RAILROAD BONDS.

Boston and Albany Railroad 7s,

i

$ 3,000

$ 3,750 00

$ 3,750 00

PUBLIC DOCUMENT — No. 8.

1883. ]

- 361

WORCESTER COUNTY INSTITUTION FOR SAVINGS – WORCESTER .

Incorporated, Feb. 5, 1828. Number of corporators, 187.
STEPHEN SALISBURY, JR., President.
CHARLES A . CHASE , Treasurer.
STATEMENT.

LIABILITIES .

Deposits, .
Earnin undivi

ded
Guarangs
ty fund,
Suspense, • .

,

ASSETS .

$ 2,0 7,800 00
795 ,700 00

funds, . .
88,538,991 66 | Public
209.060 17 Bank stock ,
155,000 00 Loans on bank sto

49,000 00
955,000 00
82,087 11

Railroad bonds,

310 46

Real estate by foreclosure,.
Loans on personalsecurity, .
Loans to counties, cities, or

2,475 ,231 00
1,521,995 70

towns, .
Deposit
in banks on interest, :

557,800 00
433,433 98
1,534 22

Loans on real estate , .

Expense account,

Cash on hand , .

.

3,780 28

.

$ 8,903,362 29

$8,903,362 29
Loans on Bank Stock, amount on each :
On 390 shares First National Bank, Worcester, .

.

.

On 100 shares Franklin County National Bank , Greenfield ,

.

.

. $ 39,000 00

.

.

.

.

.

. $82,087 11
87,100 00
2,414 34
.

Amount of real estate held by foreclosure, .

.

.

.

.

.

.

.

Amountof income received from the same, .
Amount of municipal tax on real estate, .

.
.

.
.

.
.

.
.

.
.

.

.

.

.

.

. . . . . . . . . .

::::::::..

. . . . . .

Wachusett National Bank, Fitchburg, .

.

Westminster National Bank, Westininster, .

.

.
.
.

.
.

.
.

1,415 05

. $ 59,000 00
11,000 00
10,000 00
74 ,000 00
28,000 00
55,000 00

. . .

Cash on Deposit in Banks, amount in each :
Commonwealth National Bank , Boston, .
Exchange National Bank, Boston, . . .
First National Bank, Leominster, . .
First National Bank, Worcester, .
Citizens' National Bank , Worcester, .
City National Bank , Worcester, . .
Mechanics' National Bank , Worcester, . .
Quinsigamond National Bank , Worcester, .
Worcester National Bank, Worcester, . .

·

Assessed value of the same, .

10,000 00

.
.

.
.

50,000 00
25 ,000 00
86 ,433 98
25,000 00
10,000 00

Whole amount of interest or profits received or earned, . . . . $ 414,217 40
Rate and amount of each semi-annualdividend for previous ? 2 per cent., 5 156,092 68
2 per cent., ? 159,987 00
year, . . . . . . . . . .
Times for the dividends fixed by the by -laws: January 1 and July 1,
The total amount of loans, with each specified rate of interest : $ 3,500,
3 per cent. ; $ 140,000, 31 per cent.; $ 100,000, 37 per cent.; $ 809,900 , 4 per
cent.; $ 185,500, 4 ) per cent.; $ 377,000, 45 per cent.; $ 185,000, 44 per
cent. ; $ 2,219,500, 5 per cent. ; $ 15,000, 5 per cent.; $ 534,826 , 6 per

cent.; $ 1,800, 7 per cent.

Number ofoutstanding loanswhich are of an amount not exceeding $3,000
each , .

.

.

.

.

.

.

.

.

.

.

.

. 737

362

BANK COMMISSIONERS' REPORT.

[ Jan .

Aggregate amount of the same, . . . . . . . . . $984,606 00
. . 19,872
Number of open accounts, . . . . .
Number and amountof deposits received for previous year, . 14,163 1,184,375 40
Number and amount of deposits of and exceeding $300 at any one time
for the previous year, . . . . . . . . . . 900 552,546 28
Number and amount of withdrawals, . . . . . . 10,689 1,079,464 27
Number of accounts opened the previous year, . . . , 3,009
2,146
Number of accounts closed the previous year, . .
Amount of expenses of the corporation during previous year, . . . 13,391 08
Amount of treasurer's bond, . . . . . . . . . . 50,000 00
Date of examination by commissioner : June 27 .
PUBLIC FUNDS.
Par Value.

Un
ates 4 s, .
United
ited StStates
.
District of Columbia 6s, ..

Estimated
Market Value.

.

$ 50 ,000 $56 ,562 00
553,800 661,791 00

County of Hillsborough, N . H .,b’ds,

6,225 00

.

of Merrimack , N . H ., 6s,

of Strafford , N . H ., 4s,

.

AmountInvested.

$ 50 ,000
553,800
60,000
6 ,000

00
00
00
00

60,000
6 ,000
1,500
42,000

69,750 00

42,718 00

1,500 00
42,000 00

20,000
105,000
500 ,000
5 ,000
46 ,000
35 ,000
5 ,000
36 ,000
50,000
40,000
5 ,600
10,000
22,000

22,800 00
111,925 00

20 ,000 00
100 ,500 00

114 ,275 00
520 ,000 00
5 ,756 00
47,840 00
41,100 00
5 ,685 00
41,040 00
61,500 00
53,200 00
6 ,300 00
10 ,362 00
25 ,740 00
590 00
2,360 00
54,760 00
39, 270 00
52,150 00
30,420 00
35,000 00
26 ,500 00
10 ,500 00
15 ,000 00
21,150 00
89,610 00

105 ,000
500,000
5 ,000
46 ,000
35 ,000
5 ,000
36 ,000

00
00
00
00
00
00
00

50,000
40,000
5 ,000
10 ,000
22,000

00
00
00
00
00

1,550 00

State, city, and town bonds :
100,500

.

.
.
.

of Lyon 6s,

of Newton 6s, .

of New Bedford 6s, .

of Somerville 6 ? s, .
of Concord, N . H ., 6s,
of Dover, N . H ., 6s, .
of Salem 5s, i

of Manchester, N . H ., 6s,
of Nashau, N .H .,6s,
of Providence, R . I., 44 , .

of
Meriden , Conn., 7s,
of New London, Conn., 7
Town of Brookline 7s, . .

of Natick 7s, .
of Northampton 6s,
of Westborough 5s,
of Beverly 4s,. .

.

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

State of Maine 6s, .
City of Worcester6s,
of Worcester 58,
of Worcester 4s,
of Charlestown 6s,
of Chelsea 41s,
of Fitchburg 6s,
of Lawrence 6s,
of Lowell 6s, .

500
2,000
46 ,500
31,000
50 ,000
26 ,000

25,000
20 ,000

10 ,000

13,000
21,000
87 ,000

500 00
2,000 00

46 ,500 00
34,000 00
50,000 00
26 ,000 00
25 ,000 00

20 ,000 00

10,000 00
13 ,000 00
21,000 00

87,000 00

$ 2,027,800 $ 2,286 ,429 00 $ 2,027,800 00

1883. ]

363

PUBLIC DOCUMENT — No. 8.
BANK STOCK .
Par Value.

Atlantic Nat'l Bank, Boston , .
.
Blackstone Nat'l Bank, Boston ,
Boylston Nat'l Bank, Boston , .
Columbian Nat'l Bank, Boston ,
Continental Nat'l Bank, Boston ,
Eliot Nat'l Bank , Boston , .
Faneuil Hall Nat'l Bank, Boston,
First Nat'l Bank , Boston , .
.
Freeman 's Nat'l Bank , Boston,
Atlas Nat'l Bank, Boston,

Market Nat'l Bank, Boston,
Massachusetts Nat'l Bank , Boston, .
Merchants' Nat'l Bank , Boston ,
Commerce Nat'l Bank, Boston ,
North America Nat'l Bank , Boston,
Redemption Nat'l Bank, Boston,
Republic Nat'l Bank , Boston , .
City Nat'l Bank, Boston, .
Eagle Nat'l Bank, Boston,
Exchange Nat'l Bank, Boston ,.
Hide and Leather Nat'l B 'k , Bosto
Union Nat'l Bank , Boston ,
.
Webster Nat'l Bank, Boston, .
North Nat'l Bank , Boston ,

Old 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,

.

Tremont Nat'l Bank , Boston , . .

Washington Nat'l Bank, Boston ,
Fitchburg Nat'l Bank , Fitchburg ,
Blackstone Nat'l Bank , Uxbridge,

Grafton Nat'l Bank , Grafton, .
Lancaster Nat'l Bank, Lancaster,
Leicester Nat'l Bank , Leicester,
Millbury Nat'l Bank , Millbury ,
Oxford Nat'l Bank, Oxford ,
Southbridge N 'l Bank, Southbridge,
Third Nat'l l'ank , Springfield ,
Ware Nat'l Bank, Ware, . .
Central Nat'l Bank , Worcester,
Citizens' Nat'l Bank, Worcester,
City Nat'l Bank, Worcester,
Mechanics' Nat'l Bank, Worcester, .
Quinsigamond Nat'l B 'k , Worcester,
Worcester Nat'l Bank, Worcester, .
Revere Nat'l Bank, Boston, . .
New England Nat'l Bank, Boston, .

. :

Globe Nat'l Bank , Boston ,
.
Hamilton Nat'l Bank, Boston , .
Howard Nat'l Bank , Boston , .

$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 ,400
11,000
12,500
21,700
7 ,800

9,300
21,000
20 ,800
11,000

4,900
30 ,800

7 , 100
4,700
4 ,200
35,200
17,300
13,400
11,300
3 ,400
15 ,600
19,000
5 ,100
1,000
4 ,500
2,300
5 ,500
10,800

30,000

4,800
3,000
20,000
800
28,100
24 ,800
29,500
13,300
20,600
80,000
37 ,500
19,900

Estimated
Market Value.

AmountInvested .

$ 8 ,100 00
45,375 00

37 ,500 00

16 ,904 00
1,652 00

13 ,800 00
1,400 00
5 ,400 00

7 ,020
14 ,160
10 ,710
2,600
50,500
19 ,952
3,317
21,240

00
00
00
00
00
00
00
00

18 ,300 00
7 ,673 00
12,320 00

17,500 00

25 ,823
8 ,580
12,183
26 ,197
24,544
12,320
6 ,370
33 ,880
9,910
32,400
6 ,016
5 ,400
53,504
18 ,857
20 ,100
13 ,899
3,978
17 ,784
25 ,615

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

8 ,160 00
1 , 250 00
4 ,950 00

2,875
6 ,490
14,010
5 ,760
3,900
37 ,500
960
39 ,340
29,760
34 ,810
15 ,960

00
00
00
00
00
00
00
00
00
00
00

24,000 00
102,400 00
42,750 00

26 ,730 00

$5 ,400 00

12,000 00
9 .000 00

2,000 00
17,200 00

25 ,000 00
3, 100 00

18 ,000
15 ,000
7 ,400
11,000
12,500
21,700
7,800
9, 300
21,000
20 ,800
11,000
4 ,900
30,800
7,100
30 ,000
4 ,700
4,200

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

35 ,200 00

17 ,300 00
13 ,400 00
11,300
3 ,400
15 ,600
19,000
5 ,100
1,000
4 ,500
2, 300
5 ,500
10 ,800
4 ,800

00
00
00
00
00
00
00
00
00
00
00

3,000 00
20 ,000 00

800 00
28 ,100 00
21,800 00

29,500 00
13 ,300 00
20 ,600 00

80 ,000 00
19,900 00
37 ,500 00

$795,700 $ 1,015,988 00 $795,700 00

364

BANK COMMISSIONERS' REPORT.

[ Jan .

RAILROAD Bonds.
Estimated

Boston and Albany Railroad 7s, ,
Boston and Albany Railroad 6s, ,
Boston and Providence Railroad 4s,
Boston and Maine Railroad 7s,
Connecticut River Railroad 4s
Fitchburg Rrilroad 5s, . .
Fitchburg Railroad 6s, .
Fitchburg Railroad 7s, .
Old Colony Railroad 7s, .
Providence and Worcester R .R . 6s, .
Worcester and Nashua Railroad 5s,.

Par Value.

Market Value.

Amount Invested .

$ 37,000
163,000
50,000

$ 16 ,065 00
189,080 00

$ 37,000 00
163,000 00

50.000 00
36 ,975 00

50,000
30,000
90 ,000
62,000
15 ,000
30 ,000
151,000
61,000

30 ,000

90 ,000
62,000
15 ,000
30 .000

154,000

90 ,000 00

68,820
17 ,700
38, 100
192,500

00
00
00
00

64,000

76 ,800 00

260,000

265,200 00

00
00
00
00
00
00
00
00

260,000 00

$ 955 ,000 $ 1,071,240 00 $ 955,000 00

1883. ]

PUBLIC DOCUMENT — No. 8 .

365

WORCESTER FIVE CENTS SAVINGS BANK, WORCESTER .
Incorporated April 1, 1854. Number of corporators, 323.
George W . WHEELER, Treasurer.
CLARENDOX HARRIS, President.
STATEMENT.
LIABILITIES .

ASSETS.

$ 321,500 00
7,500 00
273,600 00

| Public funds,
Depos
. . ided.
. : I $$ 2,465,791
79 61
2,46.23,017
Earniits,
ngs undiv
59 Loans on public funds.
Guaranty fund,
1
28,000 00 Bank stock ,

13,125 00
3,857 43
1,508,650 00

Loans on bunk stoc
Railroad bonds

29,000 00

Real estate by foreclosure
Loans
on realestate, . :
Loans on personal security ,

7,150 00
78,000 00

.

Loans
to counties, cities, or
towns, .
Deposit in banks on interest, .

246 ,106 51
1,876 31

Expense account,
Premium acconnt,

25 ,000 00

Cash on hand, .

1,446 89

.

$ 2,516,812 20

$ 2,516,812 20
Loans on Public Funds, amount on each :
On $6,500 United States bonds, . . . .
On $ 1,000 City of Norwich bonds, . . . .

.
.

. .
. .

. .
. .

$6,500 00
1,000 00

Loans on Bank Stock , amount on cach :

.

.

.

$ 500 00
4, 200 00
600 00

. . . . . .

.

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

On 8 shares Central National Bank , Worcester, . . .
On 42 shares City National Bank, Worcester, . . .
On 6 shares Mechanics' National Bank, Worcester, . .
On 15 shares Quinsigamond National Bank, Worcester, .
On 30 shares Worcester National Bank, Worcester, .
On 15 shares Grafton National Bank, Grafton , . . .
On 10 shares Millbury National Bank, Millbury , . . .
On 5 shares Shawmut National Bank, Boston , . . .
On 20 shares Shelburne Falls National Bank, Shelburne Falls,
Amount ofreal estate held by foreclosure, . . . .
Assessed value of the same, . . . . . . .
Amount of incomereccived from the same, . . . .
Amount of municipaltax on realestate, . . . .

1,500 00

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

500 00
1,500 00
$ 3,857 43
32 71

2,500 00

1,225 00
500 00

2,000 00
173 31

.

.

.

.
.

.
.

. $ 15 ,278 78
. 50,000 00

.

.

.

Cash on Deposit in Banks,amount in cach : -

City National Bank , Worcester, . .
Mechanics'National Bank,Worcester, .
Quinsigamond National Bank , Worcester,
Maverick National Bank, Boston , . .

.
.
.
.

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

97 ,132 31

. 28,695 45
Wachusett National Bank , Fitchburg, . . . . .
. . 25,000 00
. . . . . $ 116,484 16
Whole amount of interest or profits received,
Ratc and amount of cach semi-annual dividend lor previous / 2 per cent., l 14,044 37
.

.

year, . . . . . . . . . . . 52per cent., | 45,392 14
Timcs for the dividends fixed by the by-laws: January 1 and July 1.
Average annual per cent. of dividends for the term ending at time of,and
including, last cxtra dividend : 5.3.

BANK COMMISSIONERS' REPORT.

366

[ Jan .

The total amount of loans, with each specified rate of interest: $ 4,500,
4 per cent.; $6,500, 45 per cent.; $ 50,000, 410 per cent.; $ 1,135,275, 5
per cent.; $ 5,000, 54 per cent.; $413,150,6 per cent.

Number ofoutstanding loans which are ofan amount notexceeding $ 3,000
each , .
. . . 390
. . . . . . .
Aggregate amount of the same, . . . . . . . . . $734,525 00
10,000 00
Amount of investments from which no income is received , . . .
Number of open accounts, . . . . . . . . 10,392
Number and amount of deposits received for previous year, . 8,172 436 ,243 70
Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . .
· 363 210,098 51
Number and amount of withdrawals, .

.

.

4,617 361,739 65
1,573
1,095
. . 5,521 00
. . 20,000 00

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 : June 29.

PUBLIC FUNDS.
Estimated
Par Value.

United States 4s,

6

"
"

,

449, .
5 $, .

. .
..

City and town bonds:
City of Cambridge 6s, .
of Lowell 6s, , ,
of Lynn 5s, .
of New London , Conn.,
of Newton 6s, .

$ 39,000

$ 46,605 00

65,000
70 ,000

73,531 25
71,225 00

25 ,000

25 ,250 00

27,000

31,510 00
5 ,000 00
18,900 00

5 ,000
14,000

.

of Springfield 7s, .
of Worcester 5s and 6s, .
Town of Brookline 78, ,

Market Value. Amount Invested .

25 ,000
12,000
34,500
5 ,000

30 ,000 00
16 ,800 00

38,535 00

6 ,650 00
$321,500 $:364,006 25

839,000 00
65,000 00
70,000 00
25,000 00
27 ,000 00
5 ,000 00
14 .000 00
25 ,000 00
12,000 00
34,500 00
5 ,000 00

$321,500 00

BANK STOCK .
Atlas Nat'l Bank, Boston ,
Blackstone Nat'l Bank, Boston ,
City Nat'l Bank, Boston, .
Commerce Nat'l Bank, Boston ,
Commonwealth Nat'l Bank, Boston ,

Eagle Nat'l Bank , Boston ,
First Nat'l Bank , Boston, .

Eliot Nat'l Bank , Boston , .

Fourth Nat'l Bank, Boston ,
Globe Nat'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 ,

.

$ 5 ,000
8 ,800
2 ,500
4 ,400
8 ,000
10 ,000
12, 200
6 ,700

2,500
10,000
5,000
16 ,400

10,000
1,200

$6 ,056 25
9,548 00
2,975
5 ,247
8,880
11, 250
14,518
13,567
2 ,750

00
00
00
00
00
50
00

10 ,700 00
5 ,825 00
12,200 00
1,200 CO
18 , 286 00

$5 ,000
8 ,800
2,500
4 ,400
8 ,000

00
00
00
00
00

10 ,000 00

12,200 00
6 ,700
2,500
10 ,000
5,000
16 ,400
10 ,000

00
00
00
00
00
00

1,200 00

1883.]

PUBLIC DOCUMENT — No. 8.

367

BANK STOCK — Concluded .
Estimated

Merchants' Nat'l Bank, Boston , .
North Nat'l Bank, Boston ,
North America Nat'l Bank, Boston,
Pacific Nat'l Bank, Boston, .
Shawmut Nat'l Bank , Boston, .
Shoe and Leather Nat'l Bank , Boston,
State Nat'l Bank, Boston ,
Third Nat'l Bank, Boston, .
Traders' Nat'l Bank, Boston , . .
Webster Nat'l Bank , Boston , . .
Central Nat'l Bank ,Worcester,
Citizens' Nat'l Bank , Worcester, .
City Nat'l Bank , Worcester , .

Mechanics’ Nat'l Bank, Worcester, .
Quinsigamond N 'l Bank ,Worcester,
Worcester Nat'l Bank, Worcester, .
First Nat'l Bank, Leominster, . .
Grafton Nat'l Bank, Grafton, .
Leicester Nat'l Bank , Leicester ,
Millbury Nat'l Bank,Millbury ,
Northborough N 'I B ’k ,Northborough ,
Spencer Nat'l Bank, Spencer, ..
Wachusett Nat'l Bank , Fitchburg , .
Westminster N 'I Bank ,Westminster,

Par Value.

Market Value.

Amount Invested .

$ 5,000
800
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

$ 7 ,006 25

$ 5,000 00
800 00

3 ,000

10,700
3,000
5 ,000
2 ,500
1,00 )

1,033 00

20 ,488 75
5 ,500 00
6 ,646 50
6 ,187 50
1,620 00
14,561 75
11,880 00
9, 100 00
819 00
30 ,820 00

7,488
16 ,263
2,340
5 .750
6 ,000
3,600
13,375
3 ,600
5 ,500
4,875
1,000

00
00
00
00
00
00
00
00
00
00
00

18 ,500 00
10 ,000 00

5 ,000 00
6 ,300 00
5 ,000 00
1,600 00

15,700
11,000
7 ,000
700
26 ,800

00
00
00
00
00

6 ,400 00

13,900 00
2,000 00

5 ,000
5 ,000
3,000
10,700
3,000
5 ,000
2,500
1,000

00
00
00
00
00
00
00
00

$ 273,600 $ 308,456 50 $ 273,600 00
RAILROAD BONDS.

Worcester and Nashua Railroad 58,. | $ 29,000 $ 30 ,610 00

$ 29,000 00

BANK COMMISSIONERS' REPORT. . [Jan.

368

WORCESTER MECHANICS' SAVINGS BANK – WORCESTER .
Incorporated May 15, 1851. Number of corporators, 132.
HENRY WOODWARD, Treasurer.
Francis H . DEWEY, President.
STATEMENT.

LIABILITIES.

Deposits, . : . .
Earni
ngs individed :

Guaranty fund,

ASSETS .

$619.000 00

83,349,812 22 Public funds, . .
47 ,881 33 Bank stock ,
46 ,247 78 Loans on bank stock ,

255,100 00
4,675 00

.

Railroad bonds,

Real estate by foreclosure,

.

.

.

71,500 00
33,104 97
1,249,844 67

Loans on personal security ,

.

615,611 73

Loans on real estate, .

to counties, cities or
Loans
towns , .

17 ,000 00

Depos
banks,
on intere :
Expenitseinaccou
nt, • . st,

524 ,994 21
3,046 31

Premium account,
In Maverick National Bank
collection ,
Cash on hand,

37,957 02
5 ,000 00
7 ,110 42

for

$ 3,443,944 33

$ 3,113,914 33
Loans on Bank Stock , amount on each :
On 15 shares City National Bank, Worcester,

.

.

On 9 shares First National Bank , Worcester,
On 13 shares Mechanics'National Bank , Worcester, and
National Bank, Worcester, . . . . . .
On 9 shares Leicester National Bank, Leicester, . .
Amount of real estate held by foreclosure, . .
.

.

.

.

.

Maverick National Bank , Boston, .

.

.

Republic National Bank , Boston , . .
Wachusett National Bank , Fitchburg, .

.
.

.

First National Bank, Leominster, . . .
Westminster National Bank, Westminster, .

.
.

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

Cash on Deposit in Bauks, amount in each :
Mechanics' National Bank, Worcester, . . .
Quinsigamond National Bank , Worcester, , .
Citizens' National Bank ,Worcester,

.

.

.

$ 875 00
800 00
2,200 00

11 shares Central
. . . .
. . . . . 800 00
. . . . $ 33,104 97

.. .

.

Amount ofmunicipal tax on real estate,

Assessed value of the same, .

.

.

.

.

22,700 00

.

.

.

.

403 99

.

.

.

. $ 283,154 85
70 ,000 00

.
.

.
.

.
.

.
.

30 ,000 00
21,839 36
50,000 00
50,000 00
15,000 00
5 ,000 00

Whole amount of interest or profits received or earned , . . . . $175,668 19
Rate and amountof each semi-annual dividend for previous ? 2 percent.,l 62,043 20
. . ) 2 per cent., 63,710 64
year, . . . . . . . .
Times for the dividends fixed by theby -laws: January 15 and July 15.
The totalamount of loans, with each specified rate of interest : $ 100,000,
4 per cent. ; $ 150,000 , 45 per cent. ; $ 50,000, 43 per cent.; $ 1,082,328.54 ,
5 per cent.; $ 504,802.86, 6 per cent.
Number of outstanding loans which are ofan amount not exceeding $ 3,000
each ,

.

.

.

.

.

Aggregate amount of the same,

.

.

.

.

.

.

.

. 479

.

.

.

.

. 600,665 31

1883.]

PUBLIC DOCUMENT — No. 8.

Number of open accounts, . . . . . . .
Number and amount of depositsreceived for previous year,

369

.
.

6,731
3,658 $429,730 01
Number and amount of deposits of and exceeding $ 300 at any one time
428 241,103 98
for the previous year, .
3,199 408,232 58
Number and amount of withdrawals, .
Number of accounts opened the previous year, . . . . . 817
Number of accounts closed the previous year, . . . . . 657
Amount of expenses of the corporation during previous year, .
. . . . . . .
Date of examination by commissioner : June 28.

Amount of treasurer's bond , .

.

.

7,981 72

.

.

20,000 00

PUBLIC FUNDS.
Estimated
Par Value.

United States 4s,

.

" 44s,
"
City bonds :

.

.

..

City of Worcester 5s, . .
of Springfield is, .
of Providence, R .I., 44s, .
of Cambridge 6s, .
of New London , Conn ,
of Fitchburg 6s, .
of Augusta, Me.,6s, . .
of Brookline 7s,
of Portsmouth , N . II.,6s, .
of Norwich , Conn ., 5s, .

Market Value. Amount Invested .

$ 188,000 $ 224,660 00
155 ,000

175 ,343 75

100,000

109 ,000 00
47 ,600 00
64,310 00
28 ,000 00
27 ,000. 00
12,000 00
12,100 00
9 ,150 00
5 ,700 00
5 500 00

31,000
59,000

25 ,000
20 ,000
10 ,000
11,000
7 ,000
5 ,000

5,000
$ 619,000 $ 720 ,663 75

$ 188,000 00
155 ,000 00

100 ,000 00
31,000 00
59,000 00
25 ,000 00

20 ,000 00
10 ,000 00
11,000 00
7,000 00

5 ,000 00
5 ,000 00

$ 619,000 00

BANK STOCK.
Boston Nat'l Bank, Boston,

.

Boylston Nat'l Bank, Boston, .
City Nat'l Bank, Boston , .
Commerce Nat' l Bank, Boston ,
Eliot Nat'l Bank , Boston, .
Hide and Leather Nat'l B ’k , Boston ,
Market Nat'l Bank , Boston, .

Merchants' Nat'l Bank , Boston ,
North Nat'l Bank, Boston ,
Redemption Nat'l Bank , Boston ,
Republic Nat'l Bank, Boston, .
Revere Nat'l Bank , Boston , .
Suffolk Nat'l Bank, Boston , .
Traders' Nat'l Bank, Boston, .
Central Nat'l Bank, Worcester,
Citizens' Nat'l Bank, Worcester,
City Nat'l Bank , Worcester, .

First Nat'l Bank,Worcester, .
Mechanics' Nat'l Bank, Worcester,

$ 11,300
4 ,000
10 ,000
17 ,000

8 ,600
10 ,000
7 ,000
10 ,000
5 ,000
3 ,100
16 ,000
5 ,900
5 ,500
8,400
11,500
18 ,000
1,200

17, 100

35 ,400

$ 13,334
4 ,720
11,900
20 ,230
10 ,234
18,810
10 ,000

00
00
00
00
00
00
00

9,730 00
13 ,000 00
6 ,500 00
4 ,290 00

18 , 210 00
7 ,021 00
5 ,060 00

12 ,096 00
13,800 00
21,780 00
1,920 00
42, 180 00

$ 11, 300 00

4 ,000
10 ,000
17 ,000
8 ,600
17 , 100
10,000
7 ,000
10 ,000
5 ,000
3,400
16 ,000
5 , 900
5 ,500
8,400
11,500
18,000
1,200
37,400

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

370

BANK COMMISSIONERS' REPORT.

[ Jan .

BANK STOCK — Concluded.
Par Value,

Estimated
Market Value. Amount Invested .

$ 3,000
9,500

$ 3,480 00

$ 3,000 00

12,207 50

.

1,000

First Nat'l Bank , Leominster , .

10 ,000
5 , 100
11,400

1,250 00
11,000 00

9 ,500
1,000
10 ,000
5 ,100
11,400
4, 300

Quinsigamond Nat'l B ’k , Worcester,

Worcester Nat'l Bank , Worcester, .
First Nat'l Bank, Clinton,

Franklin Nat'l Bank, Franklin ,
Grafton Nat'l Bank , Grafton , .

Millbury
Nat'l Bank, Millbury,
Southbridge N 'I Bank, Southbridge,
Westminster N 'l Bank ,Westminster,

4 ,300
3,500
2 ,000

5 .355 00

12 ,540
5 ,590
4 ,672
2 ,000

00
00
50
00

00
00
00
00
00
00

3,500 00
2 ,000 00

$255,100 $ 303,240 00 $ 255,100 00
RAILROAD BONDS.

24,650 00
Boston and Albany Railroad 7s, il $20,000 $ 51,500
00

Worcester and Nashua Railroad 5s,

51,500

$71,500

$76 ,150 00

$ 20 ,000 00
51,500 00

$71,500 00

PUBLIC DOCUMENT — No. 8 .

1883.]

371

WORCESTER NORTH SAVINGS INSTITUTION - FITCHBURG .

Incorporated May 26 , 1868. Number of corporators, 101.
BENJAMIN Snow , President.

HENRY A . WILLIS, Treasurer.
STATEMENT.

LIABILITIES.

Deposits, .

ASSETS.

. 31,943,663 03 , Public funds,
20,493 25 ! Loans on public funds,
29,231 24 į Bank stock ,

$ 205,762
00
2,000 00

Earningsundivided, 1
Guaranty fund,

102.870
15 ,500
34,408
20 ,115
834,799
600, 935
151,090
21,000
1,486
3,420

Loans on bank stock,
1. 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 , .

37
00
29
23
00
03
53
00
58
49

$ 1,993,387 52

$ 1,193,387 52
Loans on Public Funds :

On $2,000 United States 4s, consols, . . . . . . . . . $ 2,000 00
Loans on Bank Stock , amount on each :
On 25 shares Fitchburg National Bank, Fitchburg,

On 13 shares Rollstone National Bank , Fitchburg, .
.

. .

. . $ 1,300 00

.

2,000 00

On 90 shares, and other collateral, Wachusett National Bank, Fitchburg
On 10 shares Safety Fund National Bank, Fitchburg, . . . . .
On 8 shares Agricultural National Bank , Pittsfield ; and 11 shares Pitts

field National Bank , Pittsfield, . . . . . . . . .

10 ,000 00
300 00

1,900 00
$ 20 ,115 23

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,
Cash on Deposit in Bank :

.

.

.

.

.

.

.

Rollstone National Bank, Fitchburg , .

.

.

.

.

Whole amount of interest or profits received or carned ,

.

.
.

.
.

. $ 21,000 00
. $ 101,504 16

20,450 00
1,598 63
391 87

Rate and amount ofeach semi-annual dividend for previous / 2 per cent., 34,351 15
year, . . . . . . . . . .
2 per cent.,? 35,868 04
Times for the dividends fixed by theby -laws: January 1 and July 1.
The total amount of loans,with each specified rate of interest : $ 10,421.58,
4 per cent.; $32,000,44 per cent.; $ 145,000, 4. per cent.; $46,000, 43
per cent.; $ 198,373.20, 5 per cent.; $ 18,500,51 per cent.; $ 578,801, 5 )

per cent.; $ 211,453.78, 6 per cent.; $6,400,64 per cent.; $ 27,375, 7 per
cent.
Number of outstanding loanswhich are ofan amount not exceeding $ 3,000
.
.
.
.
.
. 357
each , . . . . . .
Aggregate amount of the same, . . . . . . .
. 425,864 20
Amount of investments from which no incomeis received , . . . . 1,478 32
Number of open accounts, . . . . . . . . 5,018

372

BANK COMMISSIONERS' REPORT.

Number and amount of deposits received for previous year,

.

Jan .

4,060 $426,831 24

Number and amount of deposits of and exceeding $ 300 at any one time
for the previous year, . . . . . . . . . . 417 211,533 70

Number and amount of withdrawals, .

.

.

.

.

.

2,526

Number of accounts opened the previous year, . . . . 1,001
Number of accounts closed the previous year, . . . . . 628
Amount of expenses of the corporation during previous year, . . .
Amount of treasurer's bond , .

.

.

.

.

.

.

.

.

.

332,980 53
5,350 42
20,000 00

Date of examination by commissioner : September 6.

PUBLIC Funds.
Estimated

Par Value.

Market Value . Amount Invested.

City and town bonds:
City of Boston ,
.
of Springfield , .
of New Bedford ,

$ 30,000
20 ,000
20 ,000
20 ,000
20 ,000
20 ,000
15 ,000

.

.
.
of Norwich , Conn., .
of Providence , R .I., .
of Fall River, .
of Portland ,Me.,
of Lewiston ,Me., ..

10,000
10 ,000

of Lynn , .
of Fitchburg, .
Town of Danvers, .

10 ,000
10 ,000
10,000

of Wayland, .

$ 32,900 00
23,820 00
25 ,100 00

27 ,000 00
20 ,250 00
22,800 00

$31,400 00

22,600
21,300
22,400
20 ,262

00
00
00
00

20 ,650 00

17 .700 00

15 .593 00

10 ,700
11,500
11,650
11,500
11,100

10 ,000 00
10 .300 00

00
00
00
00
00

11,000 00
10 ,107 00
10 ,150 00

$ 195,000 $226,020 00 $ 205,762 00
BANK STOCK .

Rollstone Nat'l Bank , Fitchburg ,

$ 12 ,300

Boston Nat'l Bank, Boston , .

10 ,000

First Nat'l Bank , Leominster, .
City Nat'l Bank, Boston, .
Atlas Nat'l Bank , Boston , .

8,000
10 ,000

.

Commerce Nat'l Bank , Boston ,
Webster Nat'l Bank, Boston, .
Merchants' Nat'l Bank, Boston ,
Eagle Nat'l Bank , Boston ,

Blackstone Nat'l Bank, Boston ,
. .

ContinentalNat'l Bank, Boston ,

Tremont Nat'l Bank, Boston, .
Faneuil Hall Nat'l Bank, Boston , . !

10 ,000
10 ,000
5 ,000
5 ,000
5 ,000
5 ,000
5 ,000
5 ,000
1,500

$19,680
11,850
8,400
11,850
12 ,100
11,825
5 ,450

00
00
00
00
00
00
00

7 ,050 00
5 ,600 00

5 ,425
5 ,912
5 ,700
1,950

00
50
00
00

$ 18,276 00
9,000 00
7 ,800 00
10 ,689 00
10 , 962 62
10,487 50
5 ,000 00
6 ,390 25
5,200 00
5 ,406 25
5,687 50
6 ,100 00
1,871 25

$91,800 $112,792 50 | $102,870 37
RAILROAD Bonds.

Vermontand Massachusetts R.R., . $33,000 $ 39 ,000 00

$ 34,408 29

1883. ]

373

PUBLIC DOCUMENT — No. 8 .

WORONOCO SAVINGS BANK - WESTFIELD.
Incorporated 1871. Number of corporators, 26.
Cuas. L . WELLER, Treasurer .
President.
Norton,
L. R .
STATEMENT.

LIABILITIES.

Deposits, . .
Earnings
undivided ,
Guaranty fund,
.

ASSETS.

$619,019 83 Public funds, . .
9,798 48 Loans on public funds,
9, 181 12 Bank stock , .

$ 199,138
2,000
5 ,995
1,500
3,700
283,088
41,834
28,000
98 ,390
2:22
4 ,130

Loans on bank stock ,
Real estate by foreclos

Loans on realestate, .

.

Loans on personal security ,

to counties, cities, or
Loans
towne, .

Deposit
in banks, on interest, :
Expense account, . . .
Cash in bank , .

.

.

.

44
00
00
00
00
22
24
00
48
91
14

$ 667,999 43

$667,999 43
Loans on Public Funds, amount on each :

On $1,000 United States 4s, . . . . . . . . . .
On $ 1,000 City of Providence, water bonds, . . . . . . .

$1,000 00
1,000 00

Loans on Bank Stock :

On 20 shares Hampden National Bank , Westfield,

.
.

.

.

.

.

Amount of income received from thesame, .
Amount of municipal tax on real estate,

.

.

,

.

Cash on Deposit in Banks,amount in each :
Il
Bal
Holyoke National
National
Bank
, Holyoke,

.
.

.
.

.
.

.
.

.
.

.

.

.

.

.

.
.

.
.

.

.

. $ 3,700 00

. . .

.
.

.

. . .
. . .

First National Bank , Boston , .
Suffolk National Bank , Boston ,

.

.

4,500 00

. . . .

.

.

.

. . $ 1,500 00

. . .
· . . . .

Amount of real estate held by foreclosure, .
Assessed value of the same, .

.

11 25

59 85
.
.

$ 19 ,849 13
57, 541 35

.

30 ,000 00

4,130 14
Whole amount of interest or profits received or earned, . . . . $31,516 37
Rate and amountof each semi-annual dividend for previous 1 2 per cent., S 12,759 27
year, . . . . . . . . . . Si per cent., l 9,431 09
Times for the dividends fixed by the by-laws: January and July.
Hampden National Bank, Westfield, .

The totalamount of loans,with each specified rate of interest: $ 356,422.46 ,
5 per cent.

Number of outstanding loanswhich are of an amount not exceeding $ 3,000
each , .
.
.
.
. . . . . . 160
.
Aggregate amount of the same,. .. .. . . . . . . . 202,917 46
Number of open accounts,

.

.

.

.

.

.

.

.

1,566

Number and amount of deposits received for previousyear,

.

1,082 140,672 02

Number and amountof 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, .

.

.

.
.

. 118 88 ,472 49
1,045 147,889 09

.

.

.

. 245

Number of accounts closed the previous year, . . . . . 266
871 39
Amount of expenses of the corporation during previousyear, . . .
Amount of treasurer's bond, . . . . . . . . . . 15,000 00
Date of examination by commissioner : August 3.

BANK COMMISSIONERS' REPORT.

374

[ Jan .

PUBLIC FUNDS.
Estimated

Par Value.

United States 3s,
"

"

4s,

"

4s,

·
.

.

·

$ 30,000
56 ,000 1
105 ,000

Market Value. Annount Inrested .

$ 30 ,675 00
117 ,600 00

$31,865 62
56 ,831 25
110 ,441 57

$ 191,000 $215,195 00

$ 199,138 44

66 ,920 00

BANK STOCK.

Hampden Nat'lBank,Westfield, . $4,000 $6,000 00 $5,995 00

PUBLIC DOCUMENT — No. 8.

1883.]

375

AGGREGATE STATEMENT.
LIABILITIES.

ASSETS.

Deposits, . . $ 241,311,362
241,311,364 49 Public Funds :
Surplus, . .
54 ,027,205
,032,414 7428 United States bonds, .
Guaranty
fund, .
State, county , city and town bds,
Sundries , .
275 ,410 27
Loans
on public funds,
Bank stock ,

$ 18,312,315 08

17,840,712 28
716 ,404 62

25,300,927 03
1,117,187 29
9,016 ,755 11
7,201,605 50

Loans on bank stock ,
.

Railroad bonds

Real estate by foreclosure,
Real estate for banking purposes,
Loans on mortgage ofreal estate ,
.
Loans on personal security,
Loans to counties, cities,or towns,
Deposits in banks on interest
Sundries,

|

2,540,368 83
86 , 129,137 61
56,928, 185 64
9,293,505 17
12,907,905 40
2, 280, 903 01

1,060,480 21

Cash on hand ,

$ 250,646,392 78

$ 250,616 ,392 78

Whole amount of interest or profits received or earned , . . . . $ 12,645,648 65
Percentage of earnings to total assets, . . .
Rate of Ordinary Dividends paid by 163 Banks:-4 at 3 per cent.

6 at 3 per cent.
2 at 38 per cent.

127 : 4 per cent.
3 . 4 } per cent.

13 .41 per cent.

.

.

.

.

5 .04

1 at 43 per cent.
7 at 5 per cent.
3 banks paid nodividend. +

Amount of loans, with specified rates of interest :
$ 60,000 00 , 2 per cent. $ 18 , 158,553 47 , 45 per cent. $ 45,682,021 57, 6 per cent.
7,055 68, 2 } per cent. 410 ,000 00 , 48 per cent.
81,486 97 ,61 per cent.
2,241,156 84 , 3 per cent.
50 ,000 00, 4 per cent. 3,155,335 06 , 61 per cent.

359,750 00,

per cent. 4,035,300 00, 48 per cent.

165 ,000 00, 3
304,000 00, 3

per cent.
per cent.

225,000 00, 6 per cent.

5,200 00, 69 per cent.
70,333 96 , 47 per cent.
20 ,000 00, 4 , per cent. 6 ,671,819 26 , 7 per cent.

200,000 00, 35 per cent. 52,102,130 90, 5 per cent.

3,500 00, 7% per cent.

324,541 40, 7,
343,064 89, 76
260,500 00,45 per cent. 30,000 00, 58 per cent. 276,918 86, 8
2,096,872 17,45 per cent. 9,026,763 70, 5 per cent. 20,500 00 , 9
800 00, 10
50,000 00, 4,2 per cent. 115,624 33,58 per cent.

13,986,379 51, 4
275,000 00, 4 ,

75,000 00, 45

5,100 00, 55 per cent.
per cent.
per cent. 1,076 ,800 00, 5 per cent.

per cent.
per cent.
per cent.
per cent.
per cent.

per cent.

* This item includes loans on railroad stock , accrued interest, premium and expense accounts , etc.
+ Of these banks, one was organized the present year; two were temporarily enjoined , one of which

has resumed business during the year, the other is being wound up by its officers.

376

BANK COMMISSIONERS' REPORT.

Jan .

Aggregate amount of ordinary dividends for the previous year, . . $8,530,383 21
Average rate ofordinary dividends for the previous year : 3.97 per cent.
Number ofoutstanding loans which are ofan amount not ex
ceeding $ 3,000 each , . . . .
. . . 34,108
. 36 ,192,801 16
Aggregate amount of the same, . .
.: 772,518
Number of open accounts, . . .
Number and amount of deposits received for previous year, . 677,422 49,234,652 63
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 ofexpenses of the corporations the previous year,

. 36,657 19,773,518 76
. 458,494 44,318 ,521 56

. 123,702
89,762

.

.

.

619,829 24

.
AGGREGATES
COMPARATIVE
hundred
One
-five
sixty
and

Number
open
accounts
.,of
,.Amount
deposits
of

preceding
,
the
year
deposits
during
Number
of

Amount
of
the
.,same

year
,
the
withdrawals
ofduring
Number
,
year
the
during
opened
accounts
of
Number

Amount
guaranty
of
fund

:,
Public
,funds on
,
funds
public
Loans
,
stock
Bank

,.
stock
bank
on
Loans
Railroad
bonds
.,
,.
estate
inreal
Invested

interest
bearing
inbanks
Deposits
.

:

Realteclosure
esta
fore
,.by
Loatga
onmor
esta
real
,of
ns
te ges
Loa
octocoun
,tow
itie
r ns
sties
Loa
per
on
Cas
han
on
., dh

secu
ns
., son
rityal

. . . . . . . . :. . . .

,
onhand
ofsurplus
Amount

Number
accounts
of
during
closed
year
,the

year
,idiv
last
for
ord
Ave
ofratina
eide
ragrynds
e
Aggreg
amo
earn
,of
unt
ingsateord
,.
div
Amount
of
same
,.:the

of
ide
amo
ndswo
untry
Aggina
reg
.
$3000 ate
exceeding
not
loans
outstanding
of
,.Number
.
.
.
. .
,.expenses
institutions
ofthe
Annual

.

.

.

,63604
53,97$207953
,959
419

44,72$108612
,381
118
,991
86
,6$4800
67
90

35,03362
41
4843220
,639
,71580
00
58
,62493771
02
,41003
53
39
715
27,411
70
,47802
05
03

hundred
One
-six
sixty
and

,518
772

,567
33

,3$262
49
41
11
4(6, 22
77
,62$431
63
52
9
36,657

,908
61

76,57$191873

, 94
4458
21
5356,1$418
,702
123
89,752
,4$5014
74
32
228,04 0527
36,012753
62
,404
716
27
,925300
03
29,18717
,9120507
40

,7901655
11
83,3256840
,6725001
05
,1863729
61
17,59293
05
98528
,156
64

985,254602
,48050
79
52
568
,082
04
18
,68 66
39
84
366
,648
59
49

,6100651
61
.4per
cent
35,32$145852
37,78274
93
,777
32

95,50$348420
,651
617
72

Increa
se
.

Decre
. ase

.
Banks
Savings

,4102180
60
.397
cent
per

,6$124845
65
.108
34

,385218530
16,81$360192
24,8'62919

8,$13966083

77,1$05511

53
,535
38

,4$96080
12,7$410535

5,321
2,761

07,8$114
41

,142
93686

,5$32489379
,375
38842

,2$3015663
,747
13,4176113
9037
06,3121452

$6,50234
29,845
850

57,0$366911
,838
608
78

05,58 78
19

30,3$0360

85$1, 70

.03
cent
per

,68410
236
221
,$116
72

1,331

2,156
73

377

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

Number
during
received
deposits
and
of
year
one
$3the
exceeding
00
,at
time

Amount
same
the
,of
Amount
of
same
.,the

,4$21079
30
41
,514
615
86,42$ 896
23

.
1882

PUBLIC DOCUMENT — No. 8. .

.Savings
Banks
,951
738

1883. ]

.
issi

BANKS IN THE HANDS OF RECEIVERS.

BARNSTABLE SAVINGS BANK – BARNSTABLE.

Incorporated Jan . 29, 1831; perpetually enjoined by decree of Supreme Judicial Court,
May 23, 1878.
GUSTAVUS A . HINCKLEY, SAMUEL SNOW, Receivers.
STATEMENT.
LIABILITIES .

Deposits, . . .

ASSETS.

loans,
.
$ 392,328 53 Mortgage
Personal loans, . .
Real estate ,
Real
estate acquired by fore
closure,

60 ,963 23
4,000 00

Profit and loss, . .

174,202 64

$ 30 00
87,103 37
66,029 29

Cash on hand and in banks, .

$392,328 53

$ 392,328 53

Amount of assets delivered to the receivers,
Date of delivery : June 11, 1878.

.

.

.

.

.

. $ 1,274,040 81

Amount due depositors at time the bank was placed in hands of re
ceivers, . . . . . . . . . . . . . 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 ; Sept.
30, 1881, 10 per cent., $ 128,629.28.
320 ,938 20

Amount of each dividend paid to date,

.

.

. .

.

320 ,903 71

.

127,567 62
124,678 76

Number of open accounts, . . . . . . . . 3,228
has been claimed or paid , . . . . . . . .
32
Estimated amountto be realized from remaining assets applicable to pay .
ment of dividends, . . . . . . . . . . .
Amount of each class of assets disposed of to date, and amount of profit
or loss on each : Bank stock , $ 249,065.00, profit, $ 564.54 ; city and town
bonds and notes, $ 47,553.12, loss, $ 271.87 ; real estate, $ 303,793.83, loss ,
$ 27,845.60 ; mortgage loans, $ 554,164.25 , loss, $ 131, 803.47 ; personal
loans, $ 166 ,200 .66, loss, $ 12,859.80.
Amount of expenses of receivership to date, . . . . . .
Date of examination by commissioner : September 18.

Number and amount of open accounts on which no dividend

654 01
98,000 00

11,425 69

HYANNIS SAVINGS BANK - HYANNIS.
Incorporated April, 1868 ; perpetually enjoined by decree of Supreme Judicial Court
Sept. 11, 1878.

Joseph R . HALL, FRANK THAcher, Receivers.
STATEMENT.
Amount of assets delivered to the receivers,

.

.

.

.

.

.

$529,058 64

Date of delivery : Sept. 16 , 1878.
Amount due depositors at time the bank was placed in hands of re
ceivers, . . . . . . . . . . . . . . 624,617 05
Percentage and amount of dividends allowed by Supreme Judicial
407,102 83
Court,* 777 per cent, . .
Balance now due depositors,. . . . . . . . . .
6 ,872 49
* Final dividend allowed July 1, 1882,

382

BANK COMMISSIONERS' REPORT.

[Jan.

LANCASTER SAVINGS BANK - LANCASTER .
Incorporated 1845 ;perpetually enjoined by 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 Loans on real estate,
3,004 40 Real
estate acquired ,
Profit and loss, .

$ 18 ,000 00
242,400 00
166 ,672 11

International Trust

Cash,

·

·

7 ,230 59

20,119 20

· ·

$ 154,421 90

$ 154,421 90

Amount of assets delivered to the receivers, . . . . . . $ 1,030,523 27
Date of delivery : January 1, 1876 .
Amount due depositors at time the bank was placed in hands ofreceivers, 973,390 36
Date, percentage, and amount of dividends allowed by the Supreme
Judicial Court : June 10 , 1876 , 33} per cent., $ 324,463.45 ; Nov. 19,
1877, 10 per cent., $ 96,732.32; Oct. 29, 1878 , 10 per cent., $96,732.32.
323,604 95
96 ,035 60
Amount of each dividend paid to date, . . . . . . 3
95,283 14
Number of open accounts, .

2,397

.

.

.

Numberand amount of open accounts on which no dividend has been
claimed or paid , .

.

.

.

.

.

.

.

.

. 25

2,575 48

Estimated amount to be realized from remaining assets applicable to pay
ment of dividends, .

.

.

.

.

.

.

.

.

.

.

75,000 00

Amount 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 fund, $ 1,075 ; loans on railroad stock ,

$ 1,692, loss, $ 366.75 ; loanson mortgage of real estate, $ 341,706.27, loss,
$70,604.18 ; loans on personal security, $ 290,850, loss, $ 126,889.37 ; loans
on railroad bonds, $ 31,500, loss, $ 20,326 .92.
Amount of expenses of receivership to date, . . . . . . . 33,239 97
Date of examination by commissioner : July 21.

PUBLIC DOCUMENT — No. 8.

1883. ]

383

LEXINGTON SAVINGS BANK - LEXINGTON .
Incorporated March , 1871 ; perpetually enjoined by decree of Supreme Judicial Court,
Dec . 13, 1878.*

GEORGE W . ROBINSON, Receiver.
STATEMENT.
LIABILITIES.

Due depositors,
Surplus, .

8100 00
39 79

$ 20,171 33 Mortgage loans,

.

.

Assets .

6 ,808 11 Loans on personal security ,
Notes receivable , · ·

.

Furniture , .

Real estate acquired by fore

Cashclosure,
on hand and in bank, :

50 00
50 00
7 ,000 00

19,139 65

$ 26,979 44

$ 26 ,979 44

Amount of assets delivered to the receiver, . . . . . . $ 101,209 89
Amount due depositors at time the bank was placed in the hands of
receiver, . . . . . . . . . . . . .
95,222 52
Date, percentage and amount of dividends allowed by the Supreme
Judicial Court : December, 1878, 25 per cent., $ 23,805.63; August, 1879,
25 per cent., $ 23,805.63 ; February, 1880, 25 per cent., $ 23,805.63.
23,667 57
23,666 05
Amount of each dividend paid to date,
23,510 73
. . 473
.. .
Number of open accounts, . . .
Date of delivery : Dec. 24 , 1878.

Number and amount of open accounts on which no dividend has been
claimed or paid , . . . . . . . . . . . 61
Estimated amount to be realized from remaining assets applicable to pay .
ment of dividends, . . . . . . . . . . .

487 28
7,489 79

Amount of each class of assets disposed of to date, and amountof profit
or loss on each : Mortgage loans, $ 30,700, at par; loans on personal
security, $ 21,750, profit, $ 200 ; on sale of real estate acquired by fore
closure and purchase, $ 20 ,131.89, loss, $ 1,889.39.
Amount of expenses of receivership to date,

.

.

391 37

.

Date of examination by commissioner : August 8.
* This injunction was dissolved by the Supreme Judicial Court, Aug. 15 , 1882; and the bank
has since resumed business .
MECHANICS' SAVINGS BANK – BOSTON .
Incorporated March 30, 1874 ; perpetually enjoined by decree of Supreme Judicial
Court, Feb. 1, 1877.

Geo. R . DwellEY, John F. COLBY, Receivers.
STATEMENT.

Assets delivered to receivers, . . . . . . . . . $ 121,960 33
Date of delivery : Feb . 21, 1877.
Amount due depositors at time the bank was placed in hands of the re
ceivers,

.

.

.

.

.

.

.

.

.

.

.

.

.

428,934 92

384

BANK COMMISSIONERS' REPORT.

[Jan .

Percentage and amount of dividends allowed by the Supreme Judicial
Court, 72 per cent,* . .
Balance now due depositors,+

.
.

.

.

.

.

.

.

.

.

$ 309,502 45

.

.

.

.

.

757 17

* Final dividend allowed May 9, 1879.
+ This balance has since been deposited with the treasurer of the Commonwealth, agreeably
to the provisions of Section 41, Chapter 116 of the Public Suntutes, and the books and papers
of the bank are deposited with the commissioners of savings banke, in accordance with the

provisions of chapter 77 of the Acts of 1882.

MERCANTILE SAVINGS INSTITUTION - BOSTON .

Incorporated 1861; perpetually enjoined
by decree of Supreme Judicial Court,
Feb. 20 , 1878.
Alvar A . BURRAGE, HENRY G . CROWELL, ALPHONSO J. ROBINSON, Receirers.
STATEMENT.

.

Amount of assets delivered to the receivers,
Date of delivery : Feb . 27, 1878.

.

.

.

. $ 3,519,294 70

Amount due depositors at time the bank was placed in hands of re
ceivers,

.

.

.

.

.

.

.

.

.

.

.

.

. 3,298 ,060 66

Percentage and amount of dividends allowed by Supreme Judicial

Court,* 83, per cent, . . . .
Balance now due depositors,t . . .

. .
. .

. . .
. . .

. 2,755,529 73
. 72,282 85

* Fipal dividend allowed July 18 , 1882.
55

+ There is also now due to stockholders $ 1,151 55, being the remainder of 830 per cent of
stock dividends declared, but not called for previous to Feb . 27 , 1878 ; and to persons unknown
$ 135.92, being excess from sales of mortgaged estates.

NEEDHAM SAVINGS BANK - NEEDHAM .
Incorporated April 7, 1874 ; perpetually enjoined by decree of Supreme Judicial Court,
March 4, 1879.

EMERY GROVER, Receiver.
STATEMENT.

LIABILITIES.

AssxTS.

Due depositors .
Interest collected, .

$ 6,204 30 Loans on real estate ,

$ 850
1,650
735
310
4 ,310

Loans on personalsecurities
1,681 73 Judgment
, . ..
Furniture, .

.

Cash on hand and in bank ,

$ 7,886 03

00
00
00
73
30

$ 7,886 03

Amount of assets delivered to the receiver,

.

.

.

.

.

.

$ 23,623 37

Date of delivery : March 4, 1879.

Amount due depositors at time the bank was placed in bands of re
ceiver, .

.

.

.

23,354 17

.

Date, percentage and amount of dividends allowed by Supreme Judicial

Court: July 23, 1879, 25 per cent., $ 7,837.86 ; Feb . 4, 1880, 25 per cent.,
$ 5,837 .86 ; June 17, 1881, 25 per cent., $ 5,837.86 .

5,806 69

Amount of each dividend paid to date,

.

.

.

.

.

5 ,766 67
5,576 51

1883.]

PUBLIC DOCUMENT — No. 8.

Number of open accounts, .

.

.

385
209

Number and amount of open accounts on which no dividend has
been claimed or paid, . . . . . . . . .
31
Estimated amount to be realized from remaining assets applicable to

$ 125 18

payment of dividends, . . . . . . . . . .
Amount of each class of assets disposed of to date, and amount of profit
or loss on each : Bank stock , $ 1,680.50 , loss, $ 445.50 ; loans on real
estate, $ 16 ,550.00, loss, $ 120.00 ; loanson personal securities, $ 1,785 .00 ;
furniture , $ 178.63, loss, $ 100.63.
Amount of expenses of receivership to date, . . . . . .

6 ,800 00

315 30

Date of examination by commissioner : August 29.

NORTH BRIDGEWATER SAVINGS BANK -- BROCKTON .

Incorporated April 24, 1851; perpetually enjoined by decree of Supreme Judicia !
Court, Nov. 13, 1877.

Rufus P . KINGMAN , ELLIS AMES, Receivers.
STATEMENT.
ASSETS.

LIABILITIES.

Deposits, .

.

.

Suspense account, .
Profit
and loss, .
Interest, . . .

Dividends unpaid, .

$ 20,990 73

$ 65,566 59 Mortgage loan, .
6 , 195 57 Personal loan, .
5,930 64 | Real estate,
68,666 02
5,995 51

12,029 77
1,900 00
2,385 24
66 ,094 16
967 63
208 65
17 ,052 01
20 ,726 24

Bank stock ,

E . Southworth , .
Dunbar & Co ., .

Furniture
Ex
pense, and fixtures,bank.
,
Cash on hand anddiinn bank,

$ 142,354 33

$ 142,354 33

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 the hands of
receivers, . . . . . . . . . . .

640, 109 74

Date,percentage and amount of dividends : 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., 882,704.04 ; Feb. 18,
1882, 8 per cent., $ 43,711.06 .
Amount of each dividend paid to date : $ 136,942.64, $ 136,929.75, $82,
013,64, $81,550.75, $ 11,367 .
Number of open accounts, . . .
. . . . 2,245
Number and amount of open accounts on which no dividend has been
claimed or paid, . . . . . . . . . . . 34

3,587 71

Estimated amount to be realized from remaining assets applicable to the
payment of dividends, . . . . . . . . . .

32,000 00

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 stocks,
$ 25 ,088.50, loss, $525 .50 ; mortgage loan , $ 241,811.23, loss, $ 11,647.50 ;
personalloan, $ 106,658.61, loss, $ 8,570.51.
Amount of expenses of receivership to date, . . . . . .

17,052 01

Date of examination by commissioner : July 14 .

386

BANK COMMISSIONERS' REPORT.

[ Jan .

READING SAVINGS BANK - READING .

Incorporated July 14, 1869 ; perpetually enjoined by decree of Supreme Judicial Court,
April 11, 1879.
WILLIAM J. HOLDEN, SOLON BANCROFT, Receivers.
STATEMENT.
ASSETS.

LIABILITIES

Due
depositors, il $ 112,840 61 Mortgage loans,
Interest account,
7 ,471 52 | Personal loans, .

$ 42,335 00

.
.

7 ,585
1,000
2 ,900
35 ,864

United States bonds.

Bank stock ,

Due from late treasurer,
.
..

Real estate ,

13
00
00
38

12,373 67

Due on mortgage note after dis
409 41
244 68
9,959 22

posing of security ,

7 ,640 64

Expense,

Profit and loss, .

.

Cash on haud .

$ 120,312 13

$ 120,312 13

Amount of assets delivered to the receivers

.

.

.

. $ 108 ,962 81

.

.

.

.

6 ,750 00

Amount due depositors at timethe bank was placed in hands ofreceivers,*

155,338 68

Date of delivery : April 23, 1879.
Assets afterwardsrecovered by the receivers, .

.

Date, percentage and amount of dividends allowed by Supreme Judicial

Court : Nov. 3, 1879, 124 per cent., $ 19,417.33 ; Nov. 23, 1881, 15 per
cent., $ 23,300.80.

Amountof each dividend paid to date,

. . }
. . 679
Number of open accounts, ·
· ·
Number and amount of open accounts on which no dividend has been
. . . . 14
claimed or paid , . . . . . .
Estimated amount to be realized from remaining assets applicable to pay.
ment of dividends, .

.

.

.

. . . .

.

.

.

.

.

.

.

19,404 20
23,090 06

96 63
23 ,000 00

Amount of each class of assets disposed of to date,and amount of profit
or loss on each : real estate and mortgages, $ 37,418, loss, $ 231.36 ; per
sonal notes, $ 9,088.67, at par value.

Amount of expenses of receivership to date, .

.

.

.

.

.

7,640 64

Date of examination by commissioner : Nov. 4.
* The amountnamed as due the depositors when the bank was placed in our hands is wbat
now appears to have been due,many corrections having been made and some offsets allowed
in accordance with the opinion of the Supreme Judicial Court. The contested claims upon
alleged deposit books which were submitted to the court for adjudication have all been decided
in favor of the bank with a single exception. In the amount of assets given are included many
notes and mortgages whose ownership is contested. Wehave recovered within the year notes
amounting to $ 2,500, which were not included in our originalinventory, and are now seeking

to recover others by proper legal proceedings.

PUBLIC DOCUMENT - No. 8 .

1883.]

387

ROCKPORT SAVINGS BANK - ROCKPORT.
Incorporated 1853; perpetually enjoined by decree of Supreme Judicial Court, February
26 , 1878 .

CHARLES P. THOMPSON , JOSEPH MANNING, Receivers.
STATEMENT.
Amount of assets delivered to the receivers, .
. . .
. . $194,459 71
Date of delivery : February 26 , 1878 .
Amountdue depositors at thetime thebank was placed in hands of receivers, 182,320 88
Percentage and amountof dividends allowed by Supreme JudicialCourt:*
8416 per cent., . . . . . . . . . . . . 154,425 77
Balance now due depositors,t . . .
* Final dividend allowed January 24, 1882.

345 23

† This balance has since been deposited with the treasurer of the Commonwealth ,agreeably to
the provisions of Sect. 44, Chap. 116 , of the Public Statutes, and the books and papers of the

bank are deposited with the Commissioners of Savings Banks in accordance with the provisions
of Chap. 77, of the Acts of 1882.

SANDWICH SAVINGS BANK - SANDWICH .

Incorporated 1866 ; perpetually enjoined by decree of Supreme Judicial Court, Jan.
29, 1878.

H . G . 0 . ELLIS, Receiver.
STATEMENT.
LIABILITIES.

ASSETS.

Due depositors,

82,600 00

$ 28,528 30 Mortgage loans,
58 51 Real estate held by foreclosure ,

Due G . C . Hoag, .

9 ,200 00

| Cash on hand including unpaid
dividends,

Deficit,

.

.

.

5 ,479 53
11,307 28

.

$ 28,586 81

$ 28 ,1786 81

Amount of assets delivered to the receivers, . . . . . . . $ 109,586 22
Date of delivery : April 8 , 1878.
Amount due depositors at time the bank was placed in hands of
. . . . . .
108, 145 35
receivers, . . . . .
Date, 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
16,026 19
15,734 29
15,606 78

Amount of each dividend paid to date, . . . .
Number of open accounts,

.

.

.

.

.

.

.

.

. 518

Number and amount of open accounts on which no dividend has
been claimed or paid, . . . . . . . . . . 17
Estimated amount to be realized from remaining assets applicable to pay .

643 75

.

.

6 ,000 00

Amount of each class of assets disposed of to date, and amount of
profit or loss on each : mortgage loans, $ 57,963, loss, $ 12,991. 26 ;
personal loans, 824,713, profit, $ 1,811.80 ; bonds, $ 14,000, profit,
$ 2,067.05 .
Amount of expenses of receivership to date, . . . . . .

.

2,194 85

ment of dividends,

.

.

.

.

.

Date of examination by commissioner : May 11.

.

.

.

.

388

BANK COMMISSIONERS' REPORT.

[ Jan .

SCITUATE SAVINGS BANK - SCITUATE .
Incorporated May 31, 1851 ; perpetually enjoined by decree of Supreme Judicial Court,
July 9, 1880 .
EBENEZER T. FogG, WILLARD TORREY, Receivers.
STATEMENT.
LIABILITIES .

Deposi

.
ends,
Unpaidts,divid

ASSETS.

$ 76 ,131 13 Loans on mortgages of real
estate , .
309 91
Real estate by foreclosure, .
Loans
personal
securities, .
Due ononbond
, . .

$ 27 ,381
28,325
2 ,829
3, 250
6 ,136
8 ,518

Profit and loss, .

Cash on hand,

$ 76 ,441 04

00
00
90
00
68
46

$ 76 ,441 04

Amount of assets delivered to the receivers, . . . . . . $ 125,486 44
Amount due depositors at time the bank was placed in hands of re
. . . 127, 181 29
. . . . . . . . .
ceivers,
Date, percentage and amount of dividends allowed by Supreme Judicial
Court :* Sept. 11, 1880, 20 per cent., $ 25,525.08 ; Nov . 15, 1881, 20 per
cent., $ 25,525.08.
Amount of dividends paid to date, . . . . . . . . 50,740 25
. .
343
Number of open accounts, . . .
Number and amount of open accounts on which no dividend has been
claimed or paid , . . . . . . . . . .
9
663 90
Estimated amount to be realized from remaining assets applicable to
payment of dividends, . . . . . . . . . .
52,910 00
Amountof each class of assets disposed of to date, and amount of profit
Date of delivery : July 23, 1880.

or loss on each : real estate, $ 24,325.00, loss, $ 5,985.00 ; mortgages,
$ 15,054.00, loss, $ 150.00 ; notes, $ 3 ,620.43 at par value; bank stock ,
$ 4,200.00, loss, $ 170 .00.

Amountof expenses of receivership to date, . .
Date of examination by commissioners : July 24 .

.

.

.

2,832 96

* Another dividend of 10 per cent, allowed Dec. 21, 1882.
WEST BOSTON SAVINGS BANK - BOSTON .

Incorporated 1867 ; perpetually enjoined by decree of Supreme Judicial Court,
Jan. 9, 1878 .
LYMAN P . FRENCH, CLEMENT WILLIS, Receivers.
-

STATEMENT.

Amount of assets delivered to the receivers, . . . . . . $ 1,939,897 59
Date of delivery : Jan . 12, 1878 . .
Amount due depositors at time the bank was placed in hands of re
ceivers, . . . . . . . . . . . . . 1,822,015 83
Percentage and amount of dividends allowed by Supreme Judicial
. 1,548,713 44
Court,* 85 per cent., . . .
Balance now due depositors, .
7,237 70
* Final dividend allowed Nov. 29 , 1881.

| This balance has since been deposited with the treasurer of the Commonwealth , agreeably
to the provisions of Section 44, Chapter 116 of the Public Statutes ; and the books and papers
of the bank are deposited with the Commissioners of Savings Banks, in accordance with the
provisions of Chapter 77 of the Acts of 1882.

389

PUBLIC DOCUMENT — No. 8.

1883.]

AGGREGATE STATEMENT OF BANKS IN THE

HANDS OF RECEIVERS — 1882. (8 BANKS.)
ASSETS.

LIABILITIES,

Deposits, .
Sundries, .

.
.

.
.

$ 1,153,188
29 | Public funds, . .
96 ,121 92 Bank stock ,

$ 1,000 00

5 ,285 24
4 ,000 00

Real estate ,

Real estate by foreclosure,
Loans on real estate, .
Loans on personal security ,
Profit and loss, . . .
Sundries,
Cash
on hand and in banks,

$ 1,249,310 21

388,302 04
112,586 73
85,097 82
358,563 39
132,662 51

161,812 48

$ 1,249,310 21

AGGREGATE STATEMENT OF BANKS IN THE
HANDS OF RECEIVERS — 1881. (12 BANKS. )
ASSETS.

LIABILITIES

Deposits,
Sundries , .

.

$ 3,171,301 87 Public funds, .
336 ,688 41 Bank stock ,
Real estate,
Real estate by foreclosure,
Loans on realestate, . .
Loans
on personal security ,
Profit and
Sundries ,

and in banks,
Cash
Deficiton, hand
. . . .
$ 3,507,990 28

$ 1,000 00
5 ,285
20,293
394,562
108,544
1, 380,620
290,243
1,048,728
11, 273

24
31
43
76
33
00
94
39

247,438 88

$ 3,507,990 28

Condition
Number
exhibiting
.,aTABLE
inclusive
to1882
1834
from
Year
ineach
ofMassachusetts
Banks
Savings
ofthe
Progress
nd

390

224,56

1834

,587
12

243
, 17

,441
23
3953
1,1 64
630
,66499
49
82
,1847879
58
4,762
815
93
319
5,468
12
,81594
69
82
,71 35
94
,87123
78

73
180

1856

.81

4721
|,21165
84

SS

,34800
69
993
87
67
54
00,55800
11
95
3'219
,16900
00
200
186
70
51

11

35,05690095
00
35
47
13
99
745
i1011
,800
72
10"180

3799
4923
2,7CO
|100
05
70
02
68
94

1

?
1529843
,900
88
13 18
51
80
,691033
867
00
45
48
70
935
,6411
189
00
54
100
,512
00
0611
141

00
,9|$155 068
8
00
012
, 66
00
414
, 13
00
517
, 04
00
318,29
00
217,04
009,1|787528

,609
737

Deposits,

pense to Total

Percentage of Ex

Expense ofMan
agement.

Person of Popu
lation .

Deposits to each

Population of
Massachusetts.

each account.

168
66
82
169

,408
*614

.0033

0019,248
00
720
, 77

,60088
22
0027,017
0029,307

.0029

,40090
31

171
08
169

36,40005
37,30061

13!157
674
,415013
00
24
60
48
71
89
54
,01815573
00
165
14
94
79
83184289
|100,200
01
08
19
47
01
9166
25825
|100,700
88
36
58
56
89

,514
994

227105759
|1004,300
96
17
84
3
3043084
15|100,200
77
73
47
08
31

,31132
69

73
13

,60081
41
,707
43
00
,380
49
00
,071
59
00

,10071
63
,757
77
00
00
389
, 09

.0026
.0028

[Jan.

1855

,715
,897.31653
10
404
20,0117
51
2136
,|1650
954
2163
,6|1148
09

586,37

,844748
406
00
26
81

$10940
99
143
1900
146
,254308
453
7478
51
116
27147
08
8600,156151
152
66
759
738
98
157
15|100894
08
,600
6762
28
82
14
162
03
40
160
19
23
166
,7138225
00
45
98
61

1 1

,629
71

,72 78
,0499
33
63
36,6368623
784
37,470

IN 0

S

2,529
86
754
5,3264

Average to

of Increase.

Percentage

,5$3913
00
97
70
21

1 1 1 1

1836
1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854

Previous Year.

,7$3407
00
73

2,92727632

1835

ofDeposits over

Increase in Am 't

of Deposits.

Amount

of increase

Percentage

Year.

over Previous

Increase in Num
ber of Accounts

posit accounts.

No.ofBanks.

.#
YEAR

BANK COMMISSIONERS' REPORT.

Number of De

,C(R90eturns
1834
byActs
required
.)1first
hap

,251
674

INA

168
5675
, 55

164
,395
706
,951
738

166
,518
772

,32565
,740
31
,501
34
648
, 75
,05728

Heroicow

80636
38
i391
154
452
,783
180

106,21764
80 185
16
01123
19
112
090,51
23613
26
97
780
135
45
:3708058
16
77
274014
00,954
201
078,70
173525
13
29
19598
202

,47204
0,6915
35,983
35,870
,510
18
,61850
468
65
,5067
1,304
,840
30

,53256
,567
33

48
986ťt
63
,320237
37
219642
43
591296
55
71
14
18,6244

69218
,23711
81
12
069
47
22
341230
12
,573
56
1096
79
11
5.11* 400
1830
.*In

.|Decrease

- mustool-New +

1870
1871
.
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882

108

Conser

1867
1868
1869

|29208
73
75,756101
575
57
04
52
214
3062
62
205
7631
213
64
32
7,7267
1395
797
81
|1,371
40
99
73
230
12658041083
31
19
83
55
247
67
259
71
277
5921
2293
2112
38,092
93
3713613
97
|221
81
49
303
471
2052
1521217
309
56
14,784
77
05
330
1554
329
54243
91
,675
79
340
42
64
330
25318,68200
79111
60
35
09
31
+931
83
3657
,7206
09
53
81
91305
5078
21

,31267
29 v

29

02
1,1- 27
000
105
,300
39
107
,951
00
200
64
12
|101 65
,3559
32
120
,886
00
700
135
, 83
140
,713
00
184
,739
77
,348
56203
219
,257
03
254
,225
79

297
,527
60
339
,257
71
14
375
309
,7|91452
334
57
429
,080
09
469
,681
80
547
,518
83
644
,682
68
,6192
52
00
144
661
551
03
657
,858
72
671
,728
23
606
,550
23
590
,820
18
83
581
29
,201786
35122
74
617
,672
51
619
,829
24

308
68
85
311
374|39
,3241
11
49
66
81062
12
83

.0028

.0027

0. 029
.0033
.0032

.0031
.0030

.0027
0. 026
.0025
.0026
.0029
.00277
.0027
.00275
.00289
.00286
.00271
.00268

0. 0257

PUBLIC DOCUMENT — No. 8.

1866

9909
,1i268
t97
741198
+00
85
39
50
2121
02
i00
03
18
74
,564101
35
,856
83 1:21
00
80
16428
54
978
,459
52
21 111
1263682
21

Ocot

1864
1865

,058
225
,9248
00
95272
,219
97291
,616
102
,488
291
,8102
316
53
,593
318
115
,09
+383
,7130
431
69
139
,797
488
160
,201
561
172
,216
630
175
,229
666
,099
702
179
180
,639
720
,2180
739
89
,7179
739
57

57
4233
,:267088610
15
!13100
1383
14
72
167
899
00
285
15
23|,933
600
3924
|1,554112
93
191
47
19
09
6
56215083
141
29
121
00,800
|13617
95
54

,891
|11
,25 80
22,754
,659
24
+5,010
+
21
,842
23
23,319
19,397
1287

1883.]

3|1, 7775
,655
182
,409
205
0230
, 68

1857
1858
1859
1860
1861
1862
1863

,|Nearly

391

392

BANK COMMISSIONERS' REPORT.

[Jan.

Statements were made by the following named companies, in
accordance with the provisions of their charters : -

AMERICAN LOAN AND TRUST COMPANY – BOSTON.
Nov. 9, 1882.
Liabilities.

Capital, subject
. to check ,.
Deposits

.

Certificates of deposit, .
Bills payable on demand, .
Bills payable on time, .

i8
$ 1,018,324
4 ,063 35

.

127 ,215 99

Undivided profits, .

111,065 63

.

.
: : : :

Dividends unpaid, :

$ 1,000,000 00
1,260,669 15
58, 903 20
300 00

: :

$ 2,319,872 35
Assets.

$ 681,506 57
397,078 16

Loans payable on time,

... ......

Loans payable on demand,
State bonds, .
Municipal
bonds,.
Railroad bonds,
Railroad stocks, . .
Stockholders ' tax, . .
Furniture and fixtures,
Expenses and tax

Cash in banks, .

Bills, specie, and cash on hand,

$ 6 ,255 66
176,820 37
648,532 02
168,554 89
1,000 ,162 94
7 ,640 00
7 ,390 00
19,815 53
172,059 22

34 ,219 93

$ 2,319,872 35

Date of examination by commissioner: Dec. 26 .
BOSTON SAFE DEPOSIT AND TRUST COMPANY - BOSTON .
November 13, 1882.
Liabilities.

$600,000 00

Capital stock , .
. . . . . .

Profit and loss ,
Interest, .
Commissions , .
Safe rental, etc , .

Discount, . . .
Deposits subject to check ,

il '$ 14,165
97
4,462 63

Deposits for payment of coupons and interest. . .

11,197 38
23,878 25
. $ 1,792,591 92

82,973 16

53,704 23

12,903 82
1,805 ,495 74

24,760 77

Trust funds,

$ 2,566,933 90
Assets .

United States government bonds,

$ 200,206 63
30 ,710 00
39,320 00

City bonds,

Town bonds, .

.

.

.

.

.

.!

Amount carried forward, .

.

.

.

.

.

.

. . .

.

$270,236 63

393

PUBLIC DOCUMENT — No. 8 .

1883. ]

BOSTON SAFE DEPOSIT AND TRUST COMPANY – Concluded.
Amount brought forward,
. .
. .

$ 270.236 63

Loans on collaterals or sureties,
Loans onexperses
mortgages
of real estate, .
General
,

1,506 ,178 56
132,400 00
14 ,416 ,34
3,402 32
25 ,000 00
900 00

Railway bonds, .

197,852 50

State taxes,

Safes and fixtures,

Stock
B . S. D . & T. Co. for distribution
Cash :
$ 10,466 77
312,537
76
63,543 02

In office ,
In Boston banks,
In New York banks

416 ,547 55
$ 2,566,933 90
TRUST DEPARTMENT.
In trust, .
.

Income,

Liabilities.
..

..

..

..

..

.

.

.

$ 928,439 14
5,510 59

.

$933,949 73
$ 129,774
84
30,950 00

Assets.

United States government bonds,
City bonds,

Railway
bonds, . .
Railroad stock , .
Bank stock, .
Manufacturing stock ,
Boston Music Hall stock ,
Mass. Hos. Life Ins. Co. annuities in trust, .
Notes with collaterals or sureties, . .
Town notes,
Estates
occupied by beneficiaries,
Mortgages of real estate, . .
Deposits in Mass. savings banks,

:

N . E . Mort. Sec'y bonds, .
Gas Light Co. stock ,
.
Cash
:
Princ
ipal, . . .

.
.

Income, .

.
.
.

.

148,091 25
112,603 82
87,485 00
128 ,050 00
200 00
70,000 00

165 ,864
32
,000 00
17 ,425
155 ,244
3,000
2,000
2,500

$ 19,250 18
5,510 59

00
73
00
00
00

24,760 77
$933,949 73

Date of examination by commissioner : November 15.
COLLATERAL LOAN COMPANY - BOSTON ,
November 30 , 1882.
Liabilities.
Capital stock called in , .
Reserve
account, No.
Notes payable,
. 45, .

$ 150,000 00
283 52

Dividend.

33,829 46
679 00

Undivided

10,028 76

$ 194,820 74
Resources .
Cash on hand ,

outstanding , . .
Loans
Furniture ,

$ 3,751 01
188,069 73

3,000 00

$ 194,820 74
Date of examination by commissioner : December 1.

BANK COMMISSIONERS' REPORT.

394

[Jan.

INTERNATIONAL TRUST COMPANY - BOSTON.
October 31, 1882.
Liabilities.
Capital stock , .
.
,
check
to
Deposits subject
.
Certificates of deposits,

.

.

.

. .. $1,027,227
52 $ 300,000 00
10 ,442 39
1,037,669 91

.

Undivided
profits.
Dividends
Deposits for payment of coupons, .

.

.

.

.

.

.

25,373 17
470 42
1,830 00

$ 1,365,313 50
Demand loans,
Time loans, .

Assets.

$ 301,510 35

State, city, an
Railway stocks and bonds,

International Trust Co. stock , held for distribution under by-laws,
Furniture and fixtures ,
Expenses and taxes paid
Cash on hand and in banks,

512 ,237 23
43,091 50
188, 158 75
6 ,500 00
2,865 16
5,232 32
305,418 19

$ 1,365,343 50
Date of examination by commissioner : December 13.

MASSACHUSETTS LOAN AND TRUST COMPANY - BOSTON .

October 31, 1882.
Capital
stock ,'inactually
in , . (St. Louis and San Francisco first
Investments
railroadpaidbonds

$ 500,000 00

mortgage bonds), .
Investments
in railroad stocks (Atchison, Topeka and Santa Fé R . R .). !

51,525 00

Investments
in railroad stocks (Ohio and Mississippi R . R ., preferred ) ,
Cash on band, .

48,292 25

Dividend paid August 15, 1882,since last report, 3 per cent.

. .

22,000 00

20,000 00

This corporation takes no deposits, and has never opened or done any business under
its Trust Department, and has therefore no returns to make as provided by its charter

other than those given herein .
Date of examination by commissioner : December 30.

PUBLIC DOCUMENT - No. 8 .

1883. ]

395

NEW ENGLAND TRUST COMPANY - BOSTON .
Oct. 31, 1882.
Liabilities .

Capital stock , · ·
Deposits , ·
.

Interest, .

.

.

· ·

$ 500,000 00
· 3131.688 67 8 ,031,230 96

.

.3

.

37.978 12

Profit and loss account,

Guarantee account, .

.

Commissions, .

For payment of bonds, coupons, dividends,etc., .
Sinking funds, railroads, . .

United States tax, .

.

.

.

.

.

.

.

169,666 79
18 ,136 04
250,000 00
1,087 42
166 ,176 98
58,849 24
17,455 89

$ 9,212,603 32

Assets .

U . S. Government bonds, .

81.015 .000 00

.

12 ,000 00

City of Charlestown bonds,

Railroadon bonds,
. with collateral or
Loans
time notes,
sureties, .
.

270,458 82

65
Loans
on time notes to corporations in. $ 3,087,997
1,826,379 60
New England,

Loans
land, to cities'and towns in New Eng

85,200 00
: :
4 ,999,577 25
Loans on call with collateral or sureties, $ 901,350 53
Loans on call to corporationsin New Eng
531,627 39
land ,
.
.
.
.
.
.
.
1,432,977 92
Cash in banks in Boston , . . . . $ 1,414,831 66
Cash in omce,
office, .
Expense account,

.
.

.
.

.
.

.
.

.
.

33,311 97
. .

.

.

.

.

.

.

1,448,143 63

34 ,445 70
$ 9,212,603 32

Trust DEPARTMENT.
Trust accounts , .
Income,
.
nds

Divide . ..
Dividends,

.

Liabilities.
.
.
.
.. .. .. ..
.

: |

Assets.
U . S . Government bonds, . .
City bonds (in Massachusetts),
State bonds (in New England ),

.

Manufacturing
trust),
Mortgage
notes,stocks. (special
. . . .
Real estate,
.
.
.
.
Bank stocks,

.

53,202 74
9,400 00

: : : :. :.

$110 ,881 25

.

.

.

Cash in banks in Boston , .

.

.

.

$626 ,289 42
$ 115,553 26
26 ,093 92
23,987 12
245 ,703 75

..
. .

Railroad bonds,

Railroad stocks,

$620,323 45
4,044 79
1,921 18

7,461 94

118, 343 19
17 ,705 50
16 ,239 94

$ 626,289 42
Date of examination by commissioner : Nov. 3.

BANK COMMISSIONERS ' REPORT .

396

[ Jan .

WORCESTER SAFE DEPOSIT AND TRUST COMPANY - WORCESTER.
Oct. 31, 1882.
Liabilities.

$ 200 ,000 00
1,684,589 47

:: :: : : :

. . . . ..

....:

Surplus fund, .
Dividends unpaid , .

. . .. .

Capital
.·
Depositsstock,
,
Trust fund, . ·
profit,
Undivided
Profit and loss, ·
.

2 ,247 84
6 ,533 28
12,586 84
20,000 00
471 00

$ 1,926 ,128 43
Assets.
:
Cash
In banks,

77 .893 90

In office ,

122,515 28

$300,109 18
:
Bonds
United

$ 8,750 00

States ,

Vt. Central and Vt. and Canada eq
Worcester Street Railwa
Stocks :

8s, .

.

152,000 00

20,000 00

180,750 00

Central National Bank , New York , .

.

.

. .

.

.

.

33
. $ 1,338,605
21,400 00

.

13,400 00

Loans :

of corporations, . . .
Notes
Mortgage of real estate,
To individuals, with collaterals,

.

:
Expenses
General expenses,

.
Furniture and fixtures,
Premium account,

20,500 00

1,380,505 33

00
$10,000
6 ,170 68

760 50

1,000 00

Clearing-house fund,

33,000 00

Real estate,

432 74

Coupons,

50,603 42

$ 1,926,428 13
Trust DEPARTMENT.

Liabilities.
In trust :

$62, 235 00

Under wills , .
Other trusts, .
Income,

38,463 13
374 76

$ 101,072 89
Assets .
. . . . . . . . . .

States bonds,
United
Railroad bonds,
stocks,
Railroad
Bank stocks, .
Gas-light companies' stocks,
,
Express companies' stock
Savings bank deposits, .

on mortgage real estate, .
Loan
Loans to individuals,
Taxes paid ,

Cash , :

$ 35,662 50
00
44,285
1,700 00
3,700 00
400 00
100 00

13
8,424
2 ,700 00
1, 200 00
653 42
2,247 84

$ 101,072 89
.

$ 6 ,000

. . . . .

1,756

per cent)
cent),, .
Dividend Oct. 1, 1882 (3 Per

Number of accounts,

.

Date of examination by commissioner : June 26 .

1883.]

PUBLIC DOCUMENT — No. 8.

397

MASSACHUSETTS HOSPITAL LIFE INSURANCE COMPANY - BOSTON .
Dec. 31, 1882.
Liabilities.

Deposits, : :
Earni
ided , :
ngs undivlives,
Insurance onon lives
Annuities
,
Capital stock , . .
Surplus ,

.

.

.

$ 15,403,514
77
163,821 76
.

8,619 39
496 ,411 41
500,000 00
151,066 57

.

$ 16 ,723,433 90
Assets .

Mortgages,
.
Personaland. collateralloans,
Real estate, .
Municipal bonds,
Railroad bonds, . .

Railroad stocks and note, .
Bank stock ,
Cash on hand

to

$ 8,449,762 83
5 ,683,500
90,000
75 ,000
1,502,918
514,000
128 ,579

00
00
00
75
00
13

279,673 19

$ 16 ,723,433 90
Date of examination by commissioner : Dec. 26 .

STATEMENTS
OF THE

CO -OPERATIVE SAVING -FUND
AND

LOAN ASSOCIATIONS.
MADE IN CONFORMITY TO THE REQUIREMENTS OF
SECT. 20, CHAPTER 117 OF THE PUBLIC STATUTES.

PUBLIC DOCUMENT — No. 8.

1883 .]

401

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.
ROBERT L . Sawin , Secretary.
Rufus R . WADE, President.
JOHN LOUGHREY, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS .

10 series,
sharesat $66
of .04,stock, third

462 28

Loans on real estate, . .
.
Unpaid dues, .
Balance of permanent ex

4 series,
sharesat of$ 62.72,
stock , fourth
series, at $58.85 , . .

627 20

Balance of t

235 40

pense account, .

8 shares of stock , sixth
series, at $51.56,
. .
6 shares of stock, ninth
series, at $38.82, .
16 shares of stock , eleventh
series, at $ 31.43,

Fines, . .
412 48 Other
assets,
194 10 Cash on hand ,
602 88

17 sbares of stock , firstseries
$ 70 .95,of . stock , second
7 atshares

$ 3,865 00
455 00
14 00

$ 1,206 15 Loans on shares, .

pense account, .

100 84

.

16 00

Interest,
Premiums, ..
30
812

5 shares of stock , twelfth
series, at $ 27.72

7 shares of stock , thirteenth
10 series,
sharesatof$23.88,
stock , fourteenth
series, at $ 20 .46 ,
7 series,
sbaresatof$ 17stock
, fifteenth
. .
.07,

119 49

of stock , seven
sharesseries,
35 teenth
at $ 10 .44, .

365 40

18 series,
sharesatof $6stock,
eighteenth
.18,
.
42 shares ofstock ,nineteenth
series, at $3.02,
29 series,
sharesatof$2,stock, twentieth
Dues, . .

126
307 00

Interest,
Premiums,

Fines, .

.

Surplus, . .
Forfeited share account,
Other liablities ,

1 06
58
11 12

13 30

$5,298 45

$5,298 45

. . .
. . .
. .

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 .

.
.

. 129
. 220

.

.

•.·

Number of shares issued during the year, .
Number of shares now in force, . . .
Number of shares now borrowed upon , . .

$ 3,103 00
.

. . .
. . .
. . 23
. . 10
· · · ·

.
.
Transfer fee, . . . . . .
.
Number of members withdrawn during the year, . .
Present number of members, . .
Present number of borrowers, . . . . . .

.

25

402

BANK COMMISSIONERS' REPORT.

Present number of non -borrowers,

.

.

. .

. 31

.

.

[Jan.

Amount of loans at date,
. . . .
Number and amount of loans on real estate,

$ 4,320 00

Number and amount of loans secured by firstmortgage of real estate, 6
Number and amountof loans on shares, .
. 13
Largest loan to any one member, . . . .
. . . .
Smallest loan to any onemember, . . . .

455 00
1,800 00
10 00
98 27

6,236 20

· · ·

294 81
3,308 00
4,862 30

·

4,413 83

5 ,111 54
40 00

· · ·

. . . . .

. . . .

Largest number of shares held by any onemember, . . . . 20
Amount of expenses of thecorporation for the previous year (notincluding
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, .
. .
Number and amountof loans repaid during the year, . . . . 22
Geographical limit : Massachusetts.
Amount of cash received during the year, . . . . .
Amount of cash paid during the year, . . . . . . . .
Secretary's salary, · · · · · · · · ·
Treasurer's bond, . . . . . . . . . . . .
Secretary's bond, . . . .
Date of examination by commissioner : August 23.

3,865 00
3,865 00

1,000 00
500 00

CAMPELLO CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION BROCKTON .

Incorporated Oct. 3, 1877. Commenced business Oct. 8, 1877.
Capital to be accumulated, $ 1,000,000.

ALBERT KEITH, President.

WARREN T. COPELAND, Secretary.
ZIBA C. Keith , Treasurer.
STATEMENT.

ASSETS.

LIABILITIES.

380 shares of stock , first

$28,815 40
11,782 66
at $of12.11,
366series,
shares
stock , fourth 14, 106 85
9,944 22

series, at $ 75.83,
. .
series,
at
$58.33,
335 shares of stock, third

202 shares of stock , second

at $ of
27.17,stock, fifth
599series,
shares
at $ of13.51,
449scries,
shares
stock. .sixth
series, at $ 1.00 , . .
Dues
paid in advance,
Interest ,
Premium ,
Transfer f

Loans
on real estate, .
Loans on shares, • .

.. $68,950 00
2,800 00
353 00
359 47
53 95
13 12
1,550 87

Unpaid dues, . .
Balance of permanent ex
pense account, .
Balance of temporary ex
pense account,
Fines, .
Cash on hand

8,092 49
449 00
530 00
249 50
49 06
1 50

Surplus,

39 06

Withdrawalprofits, .

20 67

$74,080 41

$74,080 41

PUBLIC DOCUMENT — No. 8 .

1883. ]

.

. .
Present number of non -borrowers,
. .
Amount of loansat date,
Number and amount of loans on real estate,

.

.

.

.

.

.

.
.

.

.

. . . . . . .

.
.

.
.
.
.

. . .

Present number of borrowers,

.
.
.
.

...... .....

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. permonth.
Transfer fee, . . . . . . . .
Number of members withdrawn during the year, .
Present number of members , . . . . . .

403
. 721
2,331
. 473
$ 24,773 00
. .
. 28
. 365
. 277

71,750 00
. 78

Number and amount of loans secured by firstmortgage of realestate, 78
.

.

.

. 12

Largest loan to any one member, . . . . .
Smallest loan to any onemember, . . .
Largest number of shares held by any one member, .

.

.

.

Number and amount of loans on shares,

.

.

.

.

68,950 00
68,950 00
2,800 00
2 ,600 00
50 00

. 25

Amount of expenses of the corporation for previous year (not including
.

.

.

.

.

.

.

.

interest),

.

.

.

.

585 61

. . . . . .

.

Value of shares at last report,

60,900 18

.

.

53,899 55

.

.

4,991 41

372
Number and amount of loans repaid during the year, . . . . 28

17,150 00

Total value of unpledged shares (including unpaid dues), .

.

.
.

.
.

Amount of interest credited to shares during the year,
Number of shares withdrawn during the year, . .
Geographical iimit : Massachusetts .

.
.

.
.

.

.

.

.

.

. : . : .

.
.

.
.
.

.

. . . . .

Amount of cash received during the year, . .
Amount of cash paid during the year, . . .
.
.
Secretary 's salary , .
.
.
.
.
Treasurer's bond, . . . .
Secretary's bond, . . . . . . .
Date of examination by commissioner : July 1.

.
.
.

.

47,257
49,479
300
1,500

87
05
00
00

1,500 00

BANK COMMISSIONERS' REPORT.

404

[ Jan .

EQUITABLE CO -OPERATIVE SAVING - FUND AND LOAN ASSOCIATION LYNN .

Incorporated Oct. 2, 1877. Commenced business Oct. 8, 1877.
Capitalto be accumulated, $ 1,000,000.
BENJAMIN E . PORTER, Secretary .
James H . RICHARDS, President.
WILLIAM A . Estes, Treasurer.
STATEMENT.
LIABILITIES .

ASSETS .

122 shares of stock , first se
ries, at $68.63, .

50 shares of stock , second
53series,
sharesat of$53.81,
stock, third se
ries, at $39.71, .
41 shares of stock , fourth

71series,
sharesat of$ 32.90,
stock,. fifth se
ries,
$ 26 .20,

$ 16 ,700 00
1,185 00
672 46
21 25
208 69
3,920 21

Loans on realestate, .

$8,372 86

.

Loans on shares, .

2,690 50

Unpaid dues,
Balance

2,104 63
1,348 90

Cash on hand .

.

of temporary ex
pense account, .
Interest account, . .

1,860 20
2,440 32
1,399 10
1,010 04

124 shares of stock , sixth

series, $ 19.68, .
85series,
shares$ 16of.46stock,
seventh
,
76 shares of stock , eighth
$ 13.29,
185series,
shares
of stock , ninth
series, $ 7.07, .

1,307 95

69series,
shares$ 1.00,of stock
, tenth
.

69 00
68 53
35 58

Surplus, . . .
Forfeited share account,

$ 22,707 61

.
.

.
.

.

.

.
.

129

.

$9,346 00

.

.

. .
. .
. .
.

.

. 35
.

. . . . . ..

Presentnumber of non -borrowers, .
Amount of loans at date,
. .

.

. . . . . .

Number of shares issued during the year, .
. . .
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, .
Presentnumber of members, . . . . . .
Presentnumber of borrowers, . . . . .
Number of shares now in force ,

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

$ 22,707 61

.

Number and amount of loans on real estate,
Number and amount of loans secured by first mortgage of
estate, . . . . . . . . .. . . . . 25
Number and amount of loans on shares, . . . . . . 10
Largest loan to any onemember, . . .
Smallest loan to any one member, . . .
Largest number of shares held by any one member, . .
Amount of expenses of the corporation for previous year (not
including interest),

.

.

.

.

.

.

.

.

.

.

.

17,885 00
16,700 00
16 ,700 00
1, 185 00
2,200 00
10 00

174 56

·

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 . . .
Number and amount of loans repaid during the year, . .

..

PUBLIC DOCUMENT — No. 8.

1883.]

405

.
. .. ,.
. 10
.
. . 132
.

518 64

17,836 89

849 61
925 00

Geographical limit : Massachusetts.
.

.

.

·

·

·

Treasurer's salary, .

.

.

.

Treasurer 's bond,

.

.

.

.

.

. .

.

.

.

.
Secretary's bond, . . . . .
Date of examination by commissioner : July 18.

.

..

.

· . ·

Secretary's salary ,

.

.

.

Amount of cash paid during the year, .

.

. . . .

Amount of cash received during the year, .

11,272 76
9,143 19
50 00
25 00

2,000 00
1,000 00

FITCHBURG CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION -

FITCHBURG .
Incorporated October 27, 1877. Commenced business November 8, 1877 .
Capital to be accumulated, $ 1,000,000.
JABEZ Fisher, President.
Joseph F. SIMONDS, Secretary.

GEORGE E . CLIFFORD, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS .

296 shares of stock, first se
Loans on real estate, . . $ 72,380 00
Loans on shares, • .
ries, at $69.57,
$ 20,592 72 Unpaid
5 ,060 00
dues,
201 shares of stock , second
2,538 20
series, at $61.70, . .
of permanent ex - |
70 | Balance
pense accoun
179 97
97 shares of stock , third se 12,401
89 56
5,241 88 Other assets,
ries, at $ 54.04, .
2,292 10
Cash on hand , . .
123 shares of stock, fourth se
at $ 46of.56stock
, i, fifth se
140ries,
shares
ries, at $ 39.30, .
248 shares of stock , sixth se
at $ 32.26 , .
312ries,
shares
of stock, seventh
series, at $ 25 .49, .
394 shares of stock , eighth
series, at $ 18.84, .
311 shares of stock, ninth se
at $ 12.38, .
802ries,
shares
of stock , tenth se.
ries, at $ 6.10, . .
Dues paid in advance, . .
Forfeited share account,
Other liabilities,

5,726

5,502 00
8,000 48
7,952 88
7,422 96
3,850 18
4 ,892 20
765 10
16 25
174 60

$82,539 83

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,

$82,539 83
. . .
. . .
. . .
. . .

. .
. .
. .
. .

1,304
2,924
. 548
. . $ 29,272 52

Highest premium received during the year : 35 cents per share per month .

406

BANK COMMISSIONERS' REPORT.

Jan .

Lowest premium received during the year: 2 cents per share per month . ..
Fine for non -payment of dues : 1 per cent. permonth .
Transfer fee, . . . . . . .
Number of members withdrawn during the year, . . . . . 52
Present number of members, . .. . . . . . . . 378
.
.
.
.
.
Present number of borrowers, .
. 114
.
Presentnumber of non-borrowers,. . . . . . . . 264
Amount of loans at date, .

.

.

$ 0 25

77,440 00

.

Number and amount of loans on real estate, .

72,380 00

.

Number and amountof loans secured by first mortgage of real estate, 92

72,380 00

.

.

.

Numberand 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 salary , . . . . . .

.

.

.

.

.

.

.

.

Treasurer 's bond ,

.

.

.

.

.

.

.

.

.

.

6,802 00

38,494 46

.

.

Secretary 's bond, . .
Date of examination by commissioner : September 6 .

· · · · .

Number of shares withdrawn during the year, .

. .

. . .

Number and amount of loans on shares, . .
5,060 00
Largest loan to any onemember, . . . . . . . . . 3,200 00
20 00
Smallest loan to any onemember, . . . . . . . . .
Largest number of shares held by any onemember, . . . .
Amount of expenses of the corporation for previous year (not including
interest), . . . . . . . . . . . .
285 21
Value of shares at last report, . . . . . . . . . 54,392 92
Total value of unpledged shares (including unpaid dues), . . . . 62,298 76
Number of shares forfeited during the year, . . . . . .
3,866 33
Amount of interest credited to shares during the year, . . .

.

.

36,618 99

.

.

.

.

192 00
50 00
2 ,000 00

1,000 00

GREEN RIVER CO -OPERATIVE SAVING - FUND AND LOAN ASSOCIA
TION — GREENFIELD.
Incorporated July 15, 1882. Commenced business July 21, 1882.
Capital to be accumulated, $ 1,000,000 .

FREDERIC L. BURNHAM, President

WALTER S . CARSON, Secretary .

GORHAM D . WILLIAMS, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS .

95 shares of stock , first series,
at $ 1.00, .
Interest ,
Fines , .

paid in advance, .
Dues
Withdrawal profits, .

$ 380 00
1 08

Unpaid dues, . .
Balance of permanent ex

pense account, .
52 ! Cash on hand

$70 00
31 55
281 80

1 00

75

$ 383 35

$ 383 35

Number of shares issued during the year, .
Number ofshares now in force, . . .

.
.

.
.

.
.

.
.

. 97
. 95

Amount of dues received during the year, .

.

.

.

.

.

$ 315 00

PUBLIC DOCUMENT — No. 8.

1883. 1

407

Highest per centum of interestreceived during the year : 64 per cent.
Lowest per centum of interest received during the year : 54 per cent.
Fine for non-payment of dues, 2 per cent. a month .
Transfer fee : none fixed .
Number of members withdrawn during the year, . .

.

.

.

Present number of members, . . . . . . .
Present number of non -borrowers, .

.

1

. 2828

.

•

10
Largest number of shares held by any onemember, .
Amount of expenses of the corporation for previous year (not including
interest), . . . . . . . . .
Total value of unpledged shares (including unpaid dues), .
Number of shares withdrawn during the year, . .
Number and amountof loansrepaid during the year, . .
Geographical limit : Massachusetts.

$31 55
380 00

. .

250 00

Date of examination by commissioner: October 31.

.

.

.

316 60
34 80
1,000 00

.

.

.

300 00

.
.

.

. . . .

Amount of cash received during theyear, . . .
Amount of cash paid during the year, . . . .
Treasurer 's bond, . . . . . . . .
Secretary 's bond, . . . . . . . .

HAVERHILL CO -OPERATIVE HAVERHILL,
SAVING -FUND AND LOAN ASSOCIATION –
Incorporated Aug. 20, 1877. Commenced business, Sept. 3, 1877.
Capital to be accumulated, $ 1,000,000 .
William H . PAGE, Secretary .
Amos W . DOWNING, President.
J. W . Bennett, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS.

on real estate,
shares
144series,
of stock , first $ 10,346 40 | Loans
Loans on shares , .
at $ 71.85, . .

39 shares of stock, second

series, at $61.41, . .
88 shares of stock, third
series, at $ 43.80, .
183 shares of stock, fourth
series, at $ 29.96 , . .
160 shares of stock. fifth
series, at $ 22 .87 , . .

160 shares of stock , sixth
.38 , . seventh
323series,
sharesat $of16 stock,
series, at $ 10 .09,
at $ 4.00, . .
Advance dues, . .
Surplus , . .
Forfeited share account,
Withdrawal profits,
Borrowed

244 shares of stock , eighth
series,

money ,
Other liabilities,

.

. .
. .
Unpaid dues, . .
2,394 99 Balance of permanent ex
pense account, .

.

.

750
00
456 00
202 00

.

of temporary. ex
3,854 40 Balance
pense account,
5,482 68 Cash on hand, .

$37,600 00

.

26 50
1,120 02

3,659 20
2,620 80
3,259 07
976 00
25 00
399 4881
22 48
464 21

7,000 00

$40,154 52

$40,154 52
11

* This association has been notified that they have no authority to borrow money .

BANK COMMISSIONERS' REPORT.

.

.

.
.

Fine for non-paymentof dues : 2 per cent.
Transfer fee, . . . . . . . .
Number of members withdrawn during the year, .
Presentnumber of members, . . . . .
Presentnumber of borrowers , . . . .
Presentnumber of non -borrowers,
Amount of loans at date, . . .

. ..
.

.
.
.

.
.
.

. 632
1,341
. 220

.

.

.

.

.

.

.

.

.

.
.
.

.
.

.
.

. . ..

Amount of dues received during the year,

Highest premium received during the year, .
Lowest premium received during the year, .

[ Jan .

.
.

. . . . . .

.
.
.

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

Number of shares issued during the year, .
Number of shares now in force , . . .
Number of shares now borrowed upon, . .

.
. . . .
. . .

408

$14,973 00

. 237
. 46
46

38,350 00
37,600 00

Number and amount of loans secured by firstmortgage of real estate, 46

37,600 00

Number and amountof loans on real estate, .
Number and amount of loans on shares,

.

.

Largest loan to any onemember, .
Smallest loan to any onemember,

.
.

.

.
.

.

.

.

.

750 00

4

3,000 00
50 00

Largest number of shares held by any onemember, .

.

.

. 25

Amount of expenses of the corporation for previous year (not including
·

·

·

466 36

·

.
.

.
.

.
.

.
.

.
.

.
.

.
.

Date of examination by commissioner: October 23.

.
.

.

.

22,551 40
26 ,109 20

325
10

1,530 81
7,750 00

.
.

.

.
.

.
.

.
.

.
.

.
.

.

.
.

Secretary 's salary : 10 per cent. of gross receipts.

Treasurer's bond, .
Secretary's bond, .

.

.
.

· ·
.

·

· ·
. .

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, . .
Number and amount of loans repaid during the year, .
Geographical limit: Massachusetts.
Amountof cash received during the year,
. .
Amount of cash paid during the year, . . . .

34,069 22
33,893 98
2,000 CO
2,000 00

PUBLIC DOCUMENT - No. 8.

1883. ]

409

HOLYOKE CO -OPERATIVE SAVING -FUND AND LOAN AŞSSOCIATION HOLYOKE.

Incorporated July 24, 1880 . Commenced business Aug, 25, 1880.

Capitalto be accumulated, $1,000,000.
FREDERICK DRUCE, Secretary.

WILLIAM GROVER, President.

JOSEPH METCALF, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS.

242 shares of stock , first
series, at $ 28 .04 , .
107 shares of stock , second

$6,785 68

series, at $ 22.60 ,.
132series,
shares
of stock, third
at $ 16 23,

of permanent ex
2,418 20 Balance
pense account, .
Balance
of temporary
ex
2,142 36 pense account,
.

136 shares of stock , fourth
series, at $ 12 .07 .
.
318 shares of stock, fifth
series, at $6 .00 , . . .
Interest

Loans on real estate, .
Loans on shares, .
Unpaid dues, .

1,641 52

Unpaid
interest, .
Unpaid premium

,
Unpaid tines, .
Cash on hand, .

1,908

,

Premium ,
Fines , .
.
Transfer
fee,
.
Surplus, . .

.

.

$ 12,550 00

.

800 00

184 00

.

.

.
.
.

.
.
.

167 00
93
32
10
4
$ 1,604

08
25
03
46
65

.

.
Forfeited share account,

Withdrawal profits,

.

Other liabilities,

$ 15,445 47

$ 15,445 47
.
.
.
.
.
.

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

Fine for non-payment of dues : 2 per cent. permonth .
.

.

935

. 137

$ 10,684 00

.

Number of members withdrawn during the year, .

.

Present number of members, .

.

.

.

Present number of borrowers .

.

.

.

.

.

.

. . . .

Transfer fee ,

. 519
. . . ..

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,

. 109
. 20

Present number of non -borrowers, . . . . . . .
. .
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 onemember, . . . . . . . .
Smallest loan to any one member, . . .
Largest number of shares held by any one member, . . . .

149

·

Amount of loans at date .

11
.
25

(not includ
Amountof expenses of the corporation for previous year
. . . .
ing interest), . . . .
Value of shares at last report,

.
.

.
.

.
.

.
.

.

.

Total value of unpledged shares (including unpaid dues), .
Number of shares forfeited during the year, .

.

4 ,500 00

50 00
242 42

.

.

.

.

.

.

.

13,350 00
12,550 00
12,550 00
800 00

3

8,224 50
12,438 01

BANK COMMISSIONERS' REPORT.

410

[ Jan.

Amount of interest credited to shares during the year, .
Number of shares withdrawn during the year, . .

.

.
.

. .
. 275

Number and amount of loans repaid during the year, .

.

.

. 6

Geographical limit : Massachusetts .
.

.

.

.

.

.

Date of examination by commissioner : Nov. 1.

.

14 ,395 64
120 00

· · · · ·

.

.

: . .. .

Amount of cash received during the year, .

Amount of cash paid during the year, .
Secretary 's salary, . . .
Treasurer 's bond, . . . . .
Secretary's bond, . .

.

$ 394 09
500 00
11,622 29

.

.

3,000 00

1,000 00

HOME CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION WORCESTER .

E. H.

Incorporated June 10, 1882. Commenced business June, 1882.
Capital to be accumulated , $ 1,000,000.
Towns, President. J. P . WEIXLER, JR., Treasurer. T. J. HASTINGS, Secretary .
STATEMENT.
LIABILITIES.

ASSETS.

938riesshares
of stock , first. se.
, at $ 5 .00 , .
Dues paid in advance, .

Surplus, .

.

.

.

Loans on real estate, .

$ 4,100 00
171 00
216 30

.

$ 4,690
00 Unpaid dues, . . .
1,560 00 || Balance of permanent ex
pense account, .
69 28
.
Balance of temporary ex

86 56

pense account, .

Cash on hand, .

.

1,745 42

.

$6 ,319 28

$6,319 28

Present number of members, .

.

.

.

.

.

.

. . 945
. . 938
. . 29

$6,088 00
.

.

.

.

.

2

. . . . . . .

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 per centum of interest received during the year : 93.
Lowest per centum of interest received during the year: 6 .
Fine for non -payment of dues : 2 per cent. per month.
Transfer fee, . . . . . . .
.
Number of members withdrawn during the year,. . .

Present number of borrowers, . . . . . . . . .
Present number of non -borrowers, . . .
Amountof loans at date, . . ,
Number and amountof loans on real estate, .
Number and amount of loans secured by firstmortgage of realestate,
Largest loan to any one member, ,

5

.

Smallest loan to any one member, . . . . . . . . .
Largestnumber of shares held by any onemember, . . . . 25
Amount of expenses of the corporation for previous year (not including
interest, . . . . . . . . . .
. . .
Totalvalue of unpledged shares (including unpaid dues), . . . .

4 ,100 00
4 ,100 00
4 ,100 00
1,800 00

800 00
250 30

4,515 00

PUBLIC DOCUMENT - No. 8 .

1883. ]

Number of shares withdrawn during the year, . . .
Amount of cash received during the year, . . . .
Amountof cash paid during the year, . . . . .
Salaries : not fixed .

.

.
.

7
.

$6,156 68

.

.

.

4 ,411 26

Geographical limit: Massachusetts.

Treasurer's bond , .
Secretary 's bond , ' .

.
.

.

.

.

.

411

.

.

.

.

.

.

2,500 00

.

.

.

.

.

.

1.000 00

Date of examination by commissioner : July 27.

HOMESTEAD CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIA
TION - BOSTON .
Incorporated Sept. 11, 1877. Commenced business Sept. 12, 1877 .

Capital to be accumulated, $ 1,000,000.
Joseph S. Ropes, President.
D . ELDRIDGE, Secretary.
Thomas SWADKINS, JR., Treasurer.
STATEMENT.
ASSETS .

LIABILITIES.

70 shares of stock , first

00
. 872,150
1,850 00
1,345 00
100 00
133 34

on real estate, .
Loans on shares, .
$5,170 90 Loans

series, at $ 73.87,
dues, . . .
184series,
sharesat $65.72,
of stock, second 12,092 48 Unpaid
Balance of permanent ex
97 shares of stock , third
pense account, . . .
series, at $ 57.51,
of temporary ex
5,578 47 Balance
83 shares of stock , fourth
pense account, .
series, at $49.64,
series, at $42.05 ,
156 shares of stock, sixth
series, at $ 34.75 ,

252 shares of stock , fifth

438series,
sharesat of$ 27.74,
stock, seventh
517 sbares of stock, eighth
series, at $ 20.97, .
411series,
sharesat $of14 .43,
stocks, ninth

531series,
sharesat of$ 8. 11,stock , tenth
722 shares of stock, eleventh
series, at $ 2.00, .
Dues in advance, .

.

Surplus, . . . .
Forfeited share account,
Withdrawal

.
.

.

Other liabilit

4,120 12

3,064 23

Cash on hand ,

10,596 60

5 ,421 00
12,150 12
10,841 49

5,930 73
4,306 41
1,444 00
' 172 00
309 34
87 48
144 16
277 27

$78,642 57

$78,642 57
Number of shares issued during the year, .
Number of shares now in force, . . .

.
.

.

.

Amountof dues received during the year, .

.

Number of shares now borrowed upon,

. .
. .

.
.

3,461

.

.

. 468

1,345

.

$ 36 ,579 00

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, . .

1 00

.

.

.

.

.

· ·
.

.

.

.

.

. 161

.

.

· · ·

Present number of members, .

05

.

25

412

BANK COMMISSIONERS' REPORT.

Present number of borrowers, .
Present number of non -borrowers, .
Amount of loans at date, . .

. .
. .
. .

Number and amountof loans on real estate,

. .
. .
. .

.
.
.

.
.
.

. 64
. 451
. . $ 74,000 00

.

Number and amount of loans secured by firstmortgage of real estate, 50
Number and amount of loans secured by other mortgage of real estate, 1

Number and amount of loans on shares,
Largest loan to any one member, .

.. .

.

.

[Jan .

.

. 15

72,150 00
71,950 00
1. 200 00

1,850 00

3,600 00

.

Smallest loan to any one member,
.
Largest number of shares held by any one member,

50 00
25

Amountof expenses of the corporation for previous year (not including
1,377 66
63,113 10

interest), . . . .
Value of shares at last report,

58,409 44

Total value of unpledged shares (including unpaid dues), .
. . .
Amount of interest credited to shares during the year, .

.
.
.

Number of shares withdrawn during the year, .

Number of shares forfeited during the year, .

.

.

.

Number and amount of loans repaid during the year, .

.

.

Geographical limit : Massachusetts.
Amount of cash received during the year, .

.

4,312 52
18,550 00

.

60,600 29

. . . . . . . .. 58,521 89
500 00
. . . . . . .
25 00
. . . . .
.
. . .
1 ,000 00
. . . . . . . 3,000 00

Date of examination by commissioner : August 1.

. . .

.
.
.
.
.

. . .

Amount of cash paid during the year,
Secretary 's salary, . . . .
Treasurer's salary, . . . .
Treasurer's bond, . . . .
Secretary's bond , . . . .

. 20

PUBLIC DOCUMENT - No. 8.

1883. ]

413

MECHANICS' CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION TAUNTON .

Incorporated Sept. 14, 1877. Commenced business, Sept. 17, 1877.

Capitalto be accumulated, $1,000,000.
EDWARD S. HERSEY, Secretary.

Elijah TOLMAN, President.

Chas. L. LOVERING, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS .

182 shares of stock , first
series, at 870 .47 , .
278series,
sharesat $62.84,
of stock , second

$12,825 54

490 shares of stock , fourth

17,801 70

870 shares of stock, fifth
series, at $ 22.99,
..
1,915 shares of stock , sixth
series, at $ 10 . 12,

Ducs
paid in advance, .
Interest
,.
Premium ,

.
.

.

.

.
.

Fines, i
Forfeited share account, .
Interest
on dues paid in ad
vance,

.
.

.

$ 93,465
00
5 ,801 00
899 79

17,469 52 Balance of permanent ex

297 shares of stock, tbird |
14,989 59
series, at $50.47,
series, at

Loans on real estate, .
Loans on shares, .
Unpaid dues,

329 93

pense account,
Balance of temporary
pense account, .
.
Other assets,
Cash on hand,

ex

90 93

.

71 86
4 ,927 23

20,001 30
19,379 80
612 72
1,985 56
220 30
83 49

28 72
45 12
142 38

liabilities,
Other liabili
ties , : : :
Other

$ 105,585 74

. .

. . 2,145.
4 ,032
. . . 855
. . . . $49,492 36
.

.
. .

. .

Number of shares issued during the year, . . .
Number of sharesnow 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, . . . . . .

. . . . .

$ 105,585 74

. 610

Largest loan to any one member, .

Smallest loan to any one member, .

.

.

.

. . .

· ·

Presentnumber of borrowers, .
Presentnumber of non-borrowers, . . .
Amount of loans at date, . .
Number and amount of loans on real estate,
. . 98
Number and amount of loans secured by first mortgage of real estate, 98
Number and amount of loans on shares,
. . . . . 40
.

.

.

.

.

Largestnumber of shares held by any one member, .

99,266 00

93,465 00
93,465 00

5,801 00
3,700 00

25 00
25

Amount of expenses of the corporation for previous year (not including
interest ),
· · · ·
Value of shares atlast report, . . . . . . . . .
* The attorney-general has given an opinion that this is illegal.

472 79

74,099 56

BANK COMMISSIONERS' REPORT.

.

'

. . . $ 78,668 55
. . 11
5,228 60
.
. 1,179
61 22,399 00
.
. . . 69,206 78
. . . 64,279 55
240 00
. . .
. . . 5,000 00
.
: :

.
.
.
.
.
.
.
.
.

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, . .
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 bond, . . . . . . . .
Secretary 's bond, .
Date of examination by commissioner: October 2.

[Jan .

. . . .

414

1,000 00

MERCHANTS' CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIA
TION - BOSTON .

Incorporated Dec. 2, 1881. Commenced business February , 1882.
Capital to be accumulated, $ 1,000,000.
HENRY R . BRIGHAM , President.
SAMUEL HOBBS, Secretary.

ROLLAND M . JENK8, Treasurer.
STATEMENT.
LIABILITIES .

469series
shares
of stock , first
, at $ 9.00 , .
.
706 shares of stock , second
series, at $5 .00 , . .
Advance payments, .
Surplus
, : ..... .

ASSETS.

Loans on real estate, . .
. :
Balance of permanent ex .

Unpaid ducs,

$ 4,221 00

3,530 00

pense account,
..
Balance of temporary ex
pense account, .
.
Cash on hand, . . .

1 , 267 00

.

257 56
262 00

Other liabilities,

$ 9,537 56

$ 9,537 56

.

.

.

.

· · · ·

. .

· · · · · ·

.

Number of shares issued during the year, . . .
Number of shares now in force, . . . . . .
Number of shares now borrowed upon, . . . . .
Amountof 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. permonth ,
Transfer fee, . . .
. . . . .
Number of members withdrawn during the year, . .
Presentnumber of members, . .
Present number of borrowers, .
Presentnumber of non-borrowers, .
Amount of loans at date,

$ 7,300 00
512 00
232 94
28 91
1,463 71

.

.
.

1,217
. 37
. .

.

173

.

1,175

7,300 00

Number and amount of loans on real estate, .
Number and amountof loanssecured by first mortgage of real estate, .
Largest loan to any one member, . . . .
Smallest loan to any one member, . . . .

Largest number of shares held by one member, .

$ 9,965 00

.

.

.

4

. 25

7 ,300
7,300
3,500
1,200

00
00
00
00

PUBLIC DOCUMENT — No. 8.

1883.]

415

. . . .

Amount of expenses of the corporation for previous year (not including
interest) ,
.
.
.
.
.
.
.
.
.
.
.
.
.
Totalvalue of unpledged shares (including unpaid dues), .
Number of shares withdrawn during the year, . . . . . .
Geographical limit : Masachusetts.
Amount of cash received during the year, . . .
Amountof cash paid during the year, . . .
Treasurer's bond, . . . . . . . . . . . .
Secretary 's bond, .
.
. . . . . . . .
Date of examination by commissioner : October 9.

$ 261 85

7,482 00
10,222 56
8,758 85
1,000 00
000 00

NEW BEDFORD CO -OPERATIVE SAVING -FUND AND LOAN ASSOCI

ATION - NEW BEDFORD .

Incorporated July 11, 1881. Commenced business August 19, 1881.
Capital to be accumulated, $ 1,000,000 .

CHARLES R . PRICE, Secretary .

Isaac W . BENJAMIN, President.

GIDEON B. WRIGHT, Treasurer.
STATEMENT.
ASSETS.

LIABILITIES

00
Loans on real estate, . . $ 21,625
100 00

811 shares of stock , first

Loans on shares,
series, at $ 15 .24, . . . 312,359 64 Unpaid
dues,
.
957 shares of stock , second
at $ of
9 06 ,stock
. , third 8,670 42 Balance of permanent ex
428series,
shares
pense account, .
1,284 00 Baltice of temporary ex
series, at $ 3.00, . .

Interest account, .

317 22

Premium account,

105 77
14 62

Fines account,

Transfer fee account,
Advance payments,
Surplus,
.

1,2932 0022

Withdrawal
profits,
Other liabilities , .

2 04
2 03

.

.

pense account, .
Other assets,
Cash on hand ,

$ 24,051 21

135

. . . .

.

.

.

.

.

.

.

· ·

.

.
.

. .. . .

. . .

$ 20,292 00

· · · · · ·

.

1,484
2,196

.

.. .

Number of shares issued during the year, .
.
Number of shares now in force, .
Number of sharesnow borrowed upon, .
Amountof 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. permonth.
Transfer fee, . . .
. . . . .
Number of members withdrawn during the year, . .
Presentnumber ofmembers, . .
Present number of borrowers, . . . . . .
Present number of non-borrowers, . . . . .
Amount of loans at date, . .
Number and amountof loans on real estate, .
Number and amount of loans secured by first mortgage
.

1395 2030
1,710 24

$24,051 21

estate, .

240 00
231 47

.
. 341
32
of real
.

32

21,725 00

21,625 00
21,625 00

,

416

BANK COMMISSIONERS' REPORT.

Number and amount of loans on shares, . . .
Largest loan to any one member, . . . . .
Smallest loan to any one member, . . .
Largest number of shares held by any onemember, .

[Jan .

.

.

.

2

$ 100 00

.

.

.

.

2,200 00

50 00

Amount of expenses of the corporation for previousyear (not includ
.

.

5 79

.

.

.

.

.

.

.

Total value of unpledged shares ( including unpaid dues), .
Amount of interest credited to shares during the year, .
Number of shares withdrawn during the year, . . .

.
.
.

. . . . .

ing interest), .

Value of shares at last report,

.

2,478 00

.
. 114

20,639 28

.

325 38

Number and amount of loans repaid during the year : 1 loan $ 100 ; on
.

.

325 00

•

•

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

Secretary's bond, . .
Date of examination by commissioner: Aug. 7.

:: :: : :

: . . . . .

.

..

.:::::

Treasurer's salary :6 months, . .
Secretary's salary : 6 months, .
Treasurer's bond, . . . .

.

.

. . . . . . ..

.

.

.

.

. . . : : :

2 loans, .

Geographical limit: Massachusetts.
Amount of cash received during the year, .
Amount of cash paid during the year, . .

22,893 44
21,183 20
37 50
150 00

2,000 00
1,000 00

PEOPLE'S CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION
FALL RIVER .

Incorporated February 18, 1882. Commenced business March 15, 1882.
Capital to be accumulated , $ 1,000,000 .
SAMUEL M . BROWN, Secretary .
Milton REED , President.

FREDERICK 0 . Dodge, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS .

$ 7,550 00

1,027 shares of stock , first
Loans on real estate. . .
Unpaid dues, . .
series, at $ 8,
247
shares of stock, second $ 8,216 00 Balance of permanent ex
988 00
-series, at $ 4, . .
pense account, .
Surplus , .

.

.

.

Other liabilities, .

.

.

.

72 99
108 71

287 00

52 28

Balance of temporary ex
pense account,

Cash on hand,

.

.

$9,385 70

$ 9,385 70

.

.

.

.

.

.

.
.
.

of borrowers ,

.
.
.

1,347
1,273
. 39

.

.

.

89,255 00

. 20
. 235

..

.
.

.
.

· · · ·

Fine for non-payment of dues: 2 per cent. permonth .
Transfer fee, .
.
. . . . .
Number of members withdrawn during the year, . .
Presentnumber of members, . . . . . .
Present number

.
.
.

· · ·

Amount of dues received during the year, .
Lowest premium received during the year,
Highest premium received during the year, .

.
.

· ·

.

·

Number of shares issued during the year, .
Number of shares now in force, . . .
Number of shares now borrowed upon , .

1883.7 . PUBLIC DOCUMENT — No. 8.
Present number of non -borrowers, .

.

.

.

.

.

.

417
. 228

Amount of loans at date, . . . ,
Number and amount of loans on real estate, .

8

Number and amount of loans secured by firstmortgage ofreal estate,
Largest loan to any one member, .
Smallest loan to any one member, .

.
.

.
.

.
.

.
.

8

.

Geographical limit: Massachusetts.
Amount of cash received during the ycar, . . . .
Amount of cash paid during the year, . . . . .

146 95

8,918 00

Treasurer's salary , ·

·

·

·

·

·

·

·

·

·

Treasurer's bond,

.

.

.

.

.

.

.

.

.

Secretary's bond, . .
Date of examination by commissioner : September 26 .

·

7,554 12

. . .

.

. . . . . .

9 ,449 29

Secretary's salary, .

00
00
00
00
00

..

. 25
Largest number of shares held by any one member, . .
Amount of expenses of the corporation for previous year (not including
interest), . . . . . . .
.
Total value of unpledged shares (including unpaid dues), . . . .
Number of shares withdrawn during the year, . . . . . 74

$ 7,550
7,550
7 ,550
2,000
500

·

.

.

60 00
30 00
1,000 00

1,000 00

PIONEER CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION BOSTON .
Incorporated July 26, 1877. Commenced business Aug. 6, 1877.
Capital to be accumulated , $ 1,000,000.
JOSIAH QUINCY,* President.
D . Eldredge, Secretary .

A . J. MERCER, Treasurer.
STATEMENT.

LIABILITIES.

ASSETS.

shares of stock , first se
555ries,
at 76

Loans
on real estate, ..
Loans on shares, .

271 shares of stock , second
86 ,
145series,
sharesatof$61stock
, third se
ries,
at
$
18
.77,
466 shares of stock, fourth
series, at $ 33.80,

Unpaid dues,

$ .13, :

: $ 42,252 15

:

474ries,
shares of stock, fifth sc

17,577 06

15,750 80
14,997 47

942series,
sharesat $of13.13,
stock , eighth
series, at $ 7.11, . .

8,608 63
6,697 62

Surplus ,
.
.
.
Forteited share account
Withdrawal profits ,

Other liabilities, .

.

.

. $ 111,450 00
7,350 00

.

Balance of permanent ex
pense account, .
.
7 ,071 65 | Balance of temporary ex

at $ 26 .76 , . .
751 shares of stock, sixth se
ries, at $ 19.97, :
611 shares of stock, seventh
531 shares of stock , ninth se
ries, at $ 1, , . .
Dues in advance, . .

.

pense account, .
i Other assets ,
Cash on hand ,

1,783 00
300 00

141 67
3,286 84
2,523 77

12,684 24

534 00

317
00
254 58
26 10
50

63 18

$ 126,835 28
* Deceased , Nov. 2, 1882.

$ 126 ,835 28

BANK COMMISSIONERS ' REPORT .

418

[ Jan .

Number of shares now borrowed upon, . .
Amount of dues received during the year, .

. 876

.
.

Highest premium received during the year, . .
Lowest premium received during the year, . .
Fine for non -payment of dues : 2 per cent.
.

.

.

.

.

.

.

;

.

.

Present number of non -borrowers,.

.

.

.

Amount of loans at date, .

.

.
.

.

.

.

Present number of borrowers,

. . . .

.

Present number of members, .

.

.

$ 52,777 00

..

Number of members withdrawn during the year, .

. .

Transfer fee, .

. . . . . .

1,829
4,779

. . . . . .

Number of shares issued during the year, . . . . .
Number of shares now in force, . . . . . . .

. 210
.

. 754

.

. 126

.

. 628

118,800
. 78 111,450
Number and amount of loans secured by firstmortgage ofreal estate, 76 109 ,450
Number and amount of loans secured by other mortgage of real estate, 2
2 ,000
.

.

Number and amountof loans on real estate, .

.

.

.

.

.

.

00
00
00
00

Number and amount of loans on shares,

.

.

.

.

.

. 48

7,330 00

Largest loan to any one member, .

.

.

.

.

.

.

.

5 ,000 00

Smallest loan to any onemember, . . . . . . . . .
. 25
Largest number of shares held by any one member,
Amountof expenses of the corporation for previous year (not including

50

.

• 2,125 11
93,204 18

interest),

Value of sharesat last report,
Total value of unpledged shares (including unpaid dues), . . .
Number of shares forfeited during the year, .

.

.

.

.

95,710 75

.

5

* 7,198 49
Number and amount of loans repaid during the year, . . . . 44 28,450 00
Geographical limit : Massachusetts.
Amountof cash received during the year, . . . . . . . . 91,098 91
Amount of interest credited to shares during the year, .

.

Number of shares withdrawn during the year, .

.

.

Amount of cash paid during the year,
Secretary 's salary, .
. .
Treasurer's salary, . . . .
Treasurer's bond, . . . .

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

.

.

.

.

.

99,450 14

..

..

.

.

.

.

.

.

.

.

Secretary's bond, .

.

.

800
25
3 ,000
3,000

.

.

.

.

.

.

.

1,182

00
00
00
00

Date of examination by commissioner : August 1.
PLYMOUTH CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION PLYMOUTH .

Incorporated June 7, 1882. Commenced business June 20, 1882.
Capital to be accumulated, $ 1,000,000 .
HERBERT MORISSEY, Secretary.
INCREASE ROBINSON , President.
H . N . P. HUBBARD, Treasurer.
STATEMENT.
LIABILITIES .

ASSETS.

356 shares of stock, first
$ 1,780 00

series, at $ 5 .00,
Advance payments ,
Interest from loans,
Premium ,

Fines, .

.

.

11 00
18

.

( 0

Loans on real estate, . .
Unpaid dues, .
Balance of permanent ex
pense account, .

.

5 20 | Balance of temporary ex
8 18
pense account,
Cash on hand, , ,
$ 1,822 38
* For year ending Oct. 1.

$ 1,500 00
54 00

95 00
38 25

135 13

$ 1,822 38

419

PUBLIC DOCUMENT — No. 8 .
. . .
. . .
. . .
.

.

.

.

.

.
.
.

$ 1,726

Fine for non -payment of dues: 2 per cent per month .
Transfer fee, . . . . . . .
Present number of members, . .
Presentnumber of borrowers,

Presentnumber of non -borrowers,

.

.

Number and amount of loans on real estate, .

.

Amount of loans at date,

.

.
.

. 356
. 356
. 8
·

.
.
.
.
.

·

Number of shares issued during the year,l
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,

.

· ·

1883.]

. 108

.

1,500 00
1,500 00

. . . .

Number and amount of loans secured by firstmortgage of real estate, 2
Largest loan to any one member, · · · · · · · · ·
Smallest loan to any onemember, . .

Largest number of shares held by any onemember, . . . .
Total value of unpledged shares (including unpaid dues), . .
Geographical limit: Massachusetts.
Amountof cash received during the year, . .

1,000 00
500 00

1,740 00
1,768 63

. . .
. . .

.
.

1,633 50
1,000 00

.

.

1,000 00

.

. . . .

Amount of cash paid during the year, . . . .
Treasurer's bond, . . . . . . . .
Secretary's bond, . . . . . . . .
Date of examination by commissioner : Jan . 11, 1883.

1,500 00

.

SECURITY CO-OPERATIVE SAVINGS-FUND AND LOAN ASSOCIATION –
BROCKTON .

Incorporated Dec. 17, 1877. Commenced business Dec. 17, 1877.
Capital to be accumulated , $ 1,000,000.
ELLIS C. Fales, Secretary.

F . B . WASHBURN, President.

Fred . B. HOWARD, Treasurer.

STATEMENT.
LIABILITIES.

ASSETS.

338 shares of stock , first
$22,821 76
series, at $67.52,
115 shares of stock , second
5 ,962 75
series, at $ 51.85, .
221 shares of stock , third
series, at $ 37 .26 ,
.
456 shares of stock, fourth
series, ot $ 23.60,
729 shares of stock , fifth
series, at $ 11.00 ,
Overdrawn on treasurer,
Surplus , .
.
.
Forfeited share account,
Withdrawal profits ,

.

$58,850 00

Loans on real estate , .
Loans on shares, .
.

Unpaid dues,
Balance of permanent
pense account, .

1,575 00
596 00

ex

8,234 46 Balance
of temporary ex
pense account,
10,761 60

Other assets,

246 58
594 20
209 57

8,019 00
125 02

166 87
2 90

398 95

Interest on dues paid in ad
73 15

vance ,*

Other liabilities, .

.

:

5,504 89

$62,071 35
* The attorney.general has given an opinion that this is illegal.

$62,071 35

420

BANK COMMISSIONERS' REPORT.

Number of shares issued during the year, . . .
Number of shares now in force , . . . . .
Number of shares now borrowed upon ,
.
.
.
Amountof 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,

.

.

.

.

.

.

.

.

.

.
.

. 835
1,857

.

.

. 339

.

.

.

. $ 21,529

. .

.

Number of members withdrawn during the year,

.
.

(Jan .

. . . :

. ..

Present number of members , .
Present number of borrowers,

Present number of non-borrowers, .

.

.

.

.

.

Amount of loans at date ,

.

.

.

.

.

.

107

. 369
. 56

. . 313
.
.
. . 54
Number and amount of loans on real estate , .
Number and amount of loans secured by first mortgage of real estate, 54
Number and amount of loans on shares , . . . . . . 4
.

.

Largest loan to any onemember, .

.

.

.

.

.

Sinallest loan to any onemember, .

.

.

.

.

.

.

.

.

60,425 00

58,850 00
58,850 00

1,575 00
4,500 00

.

· 25
Amount of expenses of the corporation for previous year (not including

Largest number of shares held by any one member,
interest),

·

·

·

·

·

·

724 28

Value of shares at last report, . .
Total value of unpledged shares (including unpaid dues), .

.

Amount of interest credited to shares during the Seyear,
ar ,

.

.

.

.

.

Number and amount of loans repaid during the year,
Amount of cash received during the year, . .
Amount of cash paid during the year, . . . .
.
Secretary's salary, . . . . . .
Treasurer's salary, · · · · · · ·
Security committee, ·

.

.
.
·

45,767 02

3,569 09
11,631 00
39,547 42

.

. . . . . . . .

Secretary's bond, .
Date of examination by commissioner : August 3.

. . : : : : :
. . : . : : .

.

....

Auditor's salary,
Treasurer's bond , .

.

.. . . . .. . .. .

Geographicallimit : Provincetown and Newton .

.
· 580
. 17
.

.

. . . .

Number of shares withdrawn during the year, .

43,759 05

44,952 08
.
350 00
50 00

·

75 00

30 00
5,000 00
2,500 00

PUBLIC DOCUMENT — No. 8.

1883.]

421

SOMERVILLE CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIA
TION – SOMERVILLE.
Incorporated May 4, 1880. Commenced business June 7, 1880.

Capital to be accumulated, $ 1,000,000.
Chas. A . WOODBERRY, Secretary.
William H . BRINE, Treasurer.

Chas. S. Lincoly, President.

STATEMENT.

ASSETS.

LIABILITIES.

167 shares of stock , first
series, at $ 30 68, . .
209 shares of stock , second

Loans on real estate, .

$3,123 56

series, at $ 21.10 ,
131 shares of stock , third
series,at $ 19.80 ,
131 shares of stock
, fourth
at $ 13.11,
629series,
shares
of stock , fifth
series, at $7 .15, . .
500 shares of stock , sixth

.

Loans on sharcs,

5,036 90

Unpaid dues, . .
Balance of permanent ex

2 ,593 80

pense account,
. .
Balance
of temporary ex
pense account,

1,756 71

Dues
charged to share
holder ,

iumsand fines charged
4,497 35 Prem
to shareholder,
500 00

series, at $ 1.00, .
Interest account, .

Cash on hand ,

$ 17,830 00
150 00
302 00

214 70
45 50
19 46
4 94

1,185 54

106 58

Premium account,

13 45

Fines account, . .
Transfer fee account,
Advance payments, .
Surplus,
Fortcited share account,

10 26
23)

1202 0027

.
.

3 56

Interest on ducs paid in ad

7 45

vance,

$ 19,772 14

$ 19,772 14

.
.
.
.

.

.

. 104

$ 14,229 00

· · · ·

Present number of members , .
Presentnumber of borrowers,
Presentnumber of non -borowers,
Amount of loans at date,
,

. . . .

Number of members withdrawn during the year, .

·

·

Lowest premiuin received during the year, . . .
Fine for non-payment of dues : 2 per cent.per month.
Transfer foc, . . . . . . . . .

1 ,767

.

. . .

.
.

.

. .

.

· · ·

Amount of ducs received during the ycar, . .
Highest premium received during the year, . .

1,325
· · ·

.
.
.

.
.

. . . . . .

Number of shares issued during the year, .
Number of shares now in force, . .
Number of shares now borrowed upon .

. 348
. 18

. 330

18,000 00
. 1917,850 00
00
Numberand amount of loans secured by first mortgage of real estate, 19 17,850
150 00
Number and amount of loans on shares, . . . . . . 3
2,600 00
Largest loan to any one member, . . . . . .
Smallest loan to any one member, . . . . . .
50 00
Largest number of sharesheld by any onemember, ,
Amount of expenses of the corporation for previous year (not includ
254 66
ing interest), . . . . . . . . . . . . .
. . . . . 8,471 33
. .
Value of shares at last report,.
.

.

w.

Number and amount of loans on real estate,

• Theattorney-general bas given an opinion that this is illegal.

422

BANK COMMISSIONERS' REPORT.

[ Jan.

Total value of unpledged shares (including unpaid dues), . . . . $ 17,427 00
Amount of interest credited to shares during the year, . . . .
686 43
Number of shares withdrawn during the year, . . . . . 286
Geographical limit: Massachusetts.
Amount of cash received during the year, . . . .
15,211 68
Amount of cash paid during the year, . . . . . . . . 14,612 45
100 00
Secretary's salary,
Treasurer's bond , . . . . . . .
2,000 00
Secretary's bond, . . . . . . . . . . . . 2,000 00
Date of examination by commissioner : Sept. 28.

SPRINGFIELD CO -OPERATIVE SAVING-FUND AND LOAN ASSOCIA
TION — SPRINGFIELD .

Incorporated April 13, 1882. Commenced business May 9, 1882.
Capital to be accumulated, $ 1,000,000 .
O S. GREENLEAF, President.
F . W . DICKINSON, Secretary.
CHARLES H . CHURCHILL, Treasurer.
STATEMENT.
LIABILITIES.

ASSETS.

1,335 shares of stock , first
series, at 36 05,
Surplus, . . .

·
.

·

Loanson
real estate,
Unpaid dues,
. ..

$ 8,076 75
993 00

.

157 53
404 15

pense account,

Cash on hand.

$ 8,086 68

$8,086 68

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.permonth .

.
.
.
.

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 , .

.

.

.

.

.

.

.

$7,200
00
325 00

Balance of permanent ex - |

1,435

1,335
. . $7,955 00
. .

. 39

. 233
7 ,800 00

Number and amount of loans on real estate , . .
Number and amount of loans secured by firstmortgage of realestate,
Largest loan to any onemember , . .

4.

Smallest loan to any onemember, . .
25
Amount of expenses of the corporation for previous year (not including
interest), . . . . . . . . . .
Total value of unpledged shares (including unpaid dues), , .

7,800 00
7,800 00
3,600 00
400 00

Largest number of shares held by any onemember , .

Amount of interest credited to sharcs during the year, .

.

.

.

.

82 45

7,840 80
66 75

PUBLIC DOCUMENT — No. 8 .

1883. ]

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 bond , . . . . . . . .
.
Secretary's bond, . .
Date of examination by commissioner : September 12.

423
. 100
. 2
•

$ 2,300 00
10,414 90
10,010 75
150 00
2,000 00
1,000 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.

HERBERT O . MORSE, Secretary.
Chas. Foster, Treasurer.
STATEMENT.

LIABILITIES.

1,907 shares of stock , first
series, at $ 33.83, .
598 shares of stock , second

series, at $ 18 .12,
533 shares of stock , third
series, at $ 6 .00,
Surplus , .

.

.

Forfeited
share account,
Advance payments ,

ASSETS.

$ 77,950 00

Loans on realestate, .
Loans on shares, . .
Balance of permanent

$64,513 81

2,600 00
377 00

Unpaid dues,

11,015 16
pense account,
3,198 00 || Balance of temporary ex

160 96
281 00
58 52

2,850 13
pense account,
115 82 Suspense account,
827 68 Cash on hand ,

1,093 12
$ 82,520 60

$ 82,520 60

Number of shares issued during the year, . .
Number of shares now in force, . . . .
Number of shares now borrowed upon , . .

.
.

.
.

.
.

3,038
. 420

Amount of dues received during the year, .

.

.

.

.

.

.

Highest premium received during the year, .

.

.

.

.

.

.

· 573

Present number of non-borrowers, .
Amount of loansat date, . . .

.

.
.

.
.

.
.

.
.

.

. .
ö.

. .

Fines for non-payment of dues : 2 per cent. permonth .
Transfer fee, . . . . . . . . . . .
Number of members withdrawn during the year, . . .
Present number of members, . . . . .
. .
Present number of borrowers, . . . . . . .

. . .

Lowest premium received during the year, . . . .

$ 35 ,720

448

. 81
. 367

: 62
Number and amount of loans on real estate, . .
Number and amount of loans secured by firstmortgage of real estate, 62
Number and amount of loans on shares, .
. . 19

80,550 00

77,950 00
77,950 00
2,600 00
Largest loan to any onemember, . . . . . . . . . . 4,000 00
Smallest loan to any onemember,
50 00
Largest number of shares held by any onemember, . . . . 25
Amount of expenses of the corporation for previous year (not including
561 87
interest), . . . . . . . . . . . . .

BANK COMMISSIONERS' REPORT.

424

[ Jan .

Value of shares at last report, . . . . . . . . . $51,314 16
Total value of unpledged shares (including unpaid dues), . . . . 62,576 29
. . .

Number of shares forfeited during the year, .
Amount of interest credited to shares during the year,
Number of shares withdrawn during the year, . .

. ... .

.

.

..

.

.

Number and amountof loans repaid during the year, . . .

. 22

3,146 31

$ 1,150 00
Amount of cash received during the year, . . . . . . . 43,773 17
Amount of cash paid during the year, . . . .
. . . 42,721 20

Geographical limit: Massachusetts.
Secretary 's salary, ·

·

·

Treasurer 's salary, .

.

.

Treasurer's bond, .

. .

.

.

.

.

.

.

.

.

.

.

Secretary 's bond, . .

300 09
50 00
3,000 00

3,000 00

Date of examination by commissioner: October 2.
TROY CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION - FALL
RIVER .
Incorporated July 10, 1880. Commenced business July 20, 1880.
Capital to be accumulated, $ 1,000,000.

C. C. RounseVILLE, Secretary .
HENRY T. BCFFINGTON , Treasurer.

ANDREW J. BORDEN , President.

TREASURER .

ASSETS.

LIABILITIES.

Loans on realestate,
494 shares of stock, first $ 15,012 66 11 Loans
on shares ,

series,at $ 30.39,
. :
614 shares of stock , second
at $of26 .91,
447series,
shares
stock , third
series, at $ 20 .11,
639 shares of stock , fourth
series, at $ 13.50,
.

. . ! $ 18,950 00
1,050 00
Unpaid dues, .
433 00
Balance of permanent ex
107 62
pense account, .
Other assets,
167 65

16,522 74
8,989 17

1,996 37

Cash on hand ,

8,626 50

389 shares of stock , fifth
scries, at $ 7 .14,
194 shares of stock , sixth
series, at $ 1.00, . .
Forfeited share account,
Other liabilities, . .

2,777 46
1947 0037
574 74

$ 52,704 64

$52,704 64
=

=

. 922

Number of shares issued during the year,
Number of shares now in force, .

.

Number of shares now borrowed upon ,

.

.

.

.

2 ,777

.

.

. 328

. .

. .

.

Amount of dues received during the year, .

$ 31,379 00

Highest premium received during the year, . . .
.

.

Transfer fee, .

.

.

.

.

Number of members withdrawn during the year, . .
Presentnumber of members, . . . . . .

.

Present number of borrowers,

.

.
.

.
.

.
.

.

·

Fine for non -payment of dues : 2 per cent. permonth .
.

.

.

.

· ·

Lowest premium received during the year, .

. 425
.

Present number of non -borrowers , .

. . . .

. .

. . . . 50,000 00
·

Amountof loans at date,

PUBLIC DOCUMENT — No. 8.

1883.]

425

Number and amount of loans on real estate, . . . . . 38
Number and amountof loans secured by firstmortgage of realestate , 38
Number and amount of loans on shares, . . . . . . 1
Largest loan to any one member, . . . . . . . . . .
.

.

Total value of unpledged shares (including unpaid dues), . .
. . . .

.

.
.

.
.

.
.

.

.

.

.

.

Date of examination by commissioner : September 26.

. . . . .

.
.

. . . .

Secretary 's bond ,

.
.

.
.

444 04

22,420 74
45,571 93

.

Number of shares forfeited during the year, . . .
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, . . . . 5
Geographical limit : no limit.
. .
Amount of cash received during theyear, .
Amountof cash paid during the year, . . . . . . . .
.
.

3,000 00

. 25

Amount
of expenses of the corporation for previous year (not including
interest), . . . . .

Secretary 's salary, .
Treasurer's bond , .

48,950 00
1,050 00
50 00

Smallest loan to any onemember, . . . .
Largest number of shares held by any onemember, .

Value of shares at last report,

$ 18,950 00

.

2,608 73
9,050 00
42,942 57
40,946 20
180 00
2,000 00
2,000 00

WALTHAM CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION WALTHAM .

Incorporated Oct. 13, 1880. Commenced business Oct. 21, 1880.
Capitalto be accumulated, $ 1,000,000 .
DANIEL F . VILES, Secretary .

MANLEY U . ADAMS, President.

G . FRANK Frost, Treasurer.
STATEMENT.

LIABILITIES.

1,678 shares of stock, first
series, at $ 26 .78 . .

789 shares of stock , second
series, at $ 20.00,
412 shares of stock , third
series, at $ 13.45 ,

ASSETS .

$44,936 84

Balance of permanent

5 ,541 40

pense account, .
Other assets ,
Cash on hand,

679
shares of stock , fourth
series, at $ 7 . 12 ,

4,834 48
649 00

Surplus , .

424 06

.

.

.

Other liabilities, .

.

700 00
558 00

15,780 00

649 shares of stock , fifth
series, at $ 1.00, .
Dues paid advance,
in

$67,650 00

Loans on real estate , .
Loans on shares, .
Unpaid dues,
.

99 76

108 59
3,524 53

435 00
40 10

$72,640 88
Number of shares issued during the year,
Number of sharesnow in force, . .
Number of shares now borrowed upon , .
Amount of dues received during the year,

$72,640 88
. .
. .
. .
. .

Highest premium received during the year, .
Lowest premium received during the year, .

.
.

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

.
.

.
.

1,532
4,207
471
. . $43,600 00
.
.

.
.

426

BANK COMMISSIONERS' REPORT.

[Jan.

Fine for non-payment of dues : 2 per cent. per month .

$0 25

Present number of non -borrowers, . . .
Amount of loans at date,
. . . .
Number and amount of loans on real estate, .

.
.
.

. . . .

Transfer fee, . . . . . . . . . .
.
Number of members withdrawn during the year, . . . . . 91
Present number of members, · · · · · ·
Present number of borrowers, . . . . . . . ·. 67666
.

.

68,350 00

.

Number and amount of loans secured by first mortgage of real
estate, . . . . .
.
Number and amount of loans on shares, . . . . . .
Largest loan to any onemember, . . . . . . . .
Smallest loan to any one member, .

.

.

.

.

.

.

68

8
.

.

.

Largest number of shares held by any one member, . .
Amount of expenses of the corporation for previous year (not includ .
ing interest), . . . . . .
Value of shares at lastreport, . . . . . . . . .

.

·
.

·
.

·
.

·
.

·
.

.

·
.

Secretary's bond , . . . . . . .
Date of examination by commissioner : Dec. 21.

.

.

.

.

7

700 00
3,500 00
50 00
568 87
34,867 58
63,808 10
3,470 93
3,700 00
51,647 38

·
.

·
.

.

.

. . . . . .

Treasurer's salary, · ·
Secretary's salary, . .
Treasurer's bond, . .

.
. . . .

. .
. .
. .
. .

· . . ..
. .: : .

Total value of unpledged shares (including unpaid dues),
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, ·
Amount of interest credited to shares during the year, .

67,650 00
67,650 00

· 51,00025 0000
·
.

.

400 00
1,000 00
3,000 00

WESTFIELD CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATION WESTFIELD .

Incorporated December 13, 1881. Commenced business December 19, 1881.
Capitalto be accumulated , $ 1,000,000 .

0. C. TOWLE, Secretary.

Moses P . BRECKENRIDGE, President.

David M . CHACE, Treasurer.
STATEMENT.
ASSETS ,

LIABILITIES.

381 shares of stock , first se
ries, at $ 11, .'
Dues in advance , .
Surplus, .
. .

Loans on realestate, .

$ 4,191
4
143
12
Forfeited share account, il

00
44
38

00

.

Unpaid dues,
.
of
Balance
permanent
pense account, . .

ex

Balance of temporary
pense account, .
Other assets,
Cash on band ,

131 05
5 29
1 73

.

17 75

$4,350 82

$ 1,350 82
Number of shares issued during the year, .
Number of shares now in force, . . .
Number of shares now borrowed upon , .

84,003 00

125 00

Loans on shares ,

.
.

.
. .

.
.

. 410
. 381
40

PUBLIC DOCUMENT — No. 8.
.

.

.

.

Highest per centum of interest received during the year, . .
Lowest per centum of interest 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, .

.

.

.

.

.

.

.

.
.

.
.

.

Presentnumber ofof borrowers, . . . .
Present number of non -borrowers, . . .
Amount of loans at date, .
. .
Number and amount of loans on real estate, .

.

.

.

. . .

Amount of dues received during the year, .

427
. 6
. 6

. . . . .

1883.]

. 11
114

..

11
103

4,128 00
4 ,003 00

Number and amount of loans secured by first mortgage of real estate, 9
Number and amount of loans on shares,
Largest loan to any one member, . .

.
.

Smallest loan to any one member, .

.

.

$ 4,128 00

4,003 00
125 00
800 00

.

.

.

25 00

Largest number of shares held by any one member, .
Number of shares forfeited during the year, . . .
Number of shares withdrawn during the year, . .
Number and amountof loans repaid during the year, .
Geographical limit : Massachusetts.
Amount of cash received during the year, . .
Amount of cash paid during the year,
·
Treasurer's bond, . . . . . . . .
Secretary's bond, . . . .
Date of examination by commissioner : August 3.

.
.
.
.
.
.

. . 17
.
.
.
2
. .

100 00

. ..

.

4,709 49
4,707 76
2,000 00

2,000 00

WEST ROXBURY CO -OPERATIVE SAVING - FUND AND LOAN ASSOCI
ATION * — BOSTON (JAMAICA PLAIN ) .
Incorporated Feb. 1, 1881. Commenced business March 2, 1881.
Capital to be accumulated $ 1,000,000.

JOHN PEARCE, President.

N . HAYWARD FULLER, Secretary .

EDWARD M . BREWER, Treasurer.
STATEMENT.
LIABILITIES .

245series,
sharesat $of20 .00stock
, first
.
146 shares of stock , second
series, at $ 14 .00,
265 shares of stock , third
series, at $ 8 .00,
129 shares of stock , fourth
series, at $ 2.00 ,
Other liabilities,

ASSETS .

$ 4,900 00
2 ,044 00

Loans
on real estate, .
Loans on shares,
pense account, .

2,120 00
258 00

.

. . .
Unpaid dues, . .
Balance of permanent ex
.

$5 ,100 00
100 00
612 00

41 50

Balance of temporary ex
pense account,
Other assets ,

469 90 Cash on hand ,

$9,791 90

248 41
127 46
3 ,562 53

$ 9,791 90

Number of shares issued during the year,
Number of shares now in force, .
Number of shares now borrowed upon , .
$6, 900 00
Amountof dues received during the year, .
45
Highest premium received during the year,
.
05
Lowest premium received during the year, .
* The profits of this association have not been distributed in accordance with the require .
ments of Sect. 18, Chap. 117 of the Public Statutes.

428

BANK COMMISSIONERS' REPORT.

[ Jan .

Fine for non-paymentof ducs: 2 per cent. per month.
.

.

.

.

.

.

.

Number of members withdrawn during the year,
Present number of members, . .
Present number of borrowers, . . . .
Present number of non-borrowers, . . .
Amount of loans atdate, . . . . .
Number and amount of loans on real estate,

.

.

.
.

. . .

Transfer feé, .

$ 0 25

.

.

.

.

.

.

.

. 170

Number and amount of loans secured by first mortgage of realestate, 4
Number and amount of loans on shares, . . . . . . .
Largest loan to any onemember, .
Smallest loan to any onemember, .

.
.

.
.

. . .
. .

.
.

.

.
.

.
.

Largest number of shares held by any onemember, .

.

.

. 25

5 ,200
5,100
5,100
100

00
00
00
00

1,600 00
100 00

Amount of cxpenses of the corporation for previous ycar (not including
·

·

·

·

·

183 19
2 ,401 00

·

Number and amountof loans repaid during the year, . . .

· · · . .

interest),

Value of sharesat lastreport, .
Total value of unpledged shares (including unpaid dues), . .
Number of shares withdrawn during the year, . . . .

. .
. 109

8,734 00

. .
. .

.
.

.
.

.
.

Treasurer's bond, . .
Secretary 's bond, .
.
Date of visitation by commissioner : December 27 .

.

.

.

.

.

2,000 00

· ·

· ·

Amount of cash received during the year, . .
Amountof cash paid during the year, . . .

50
7,807
4 ,576
2,000

Geographical limit: Massachusetts .

00
45
21
00

WORCESTER CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIA

TION – WORCESTER.
Incorporated Oct. 19, 1877. Commenced business, Oct., 1877.
Capital to be accumulated , $ 1,000,000.
D . S . GODDARD, President.
T. G . Hastings,

J. P. CHENEY, JR., Treasurer.

Secretary.

STATEMENT.

LIABILITIES.

ASSETS.

Loans on real estate, .
Loans on shares, . .
Unpaid dues, . .

326 shares of stock , first
series, at $71.14 , . . $ 23,191 64
183series
shares
of stock, second 10,141 86
at $ 55.12, .
289 shares of stock , third
serics, at $ 10.59,

734 shares of stock , fourth
series, at $ 26.57, .
1,156 shares of stock , fifth
series, at $ 1339 , .
917 shares of stock , sixth
series at $ 1.00 , . .

Dues paid in advance, .
Surplus,
Forfeited share account,

.

.
.

Balance of permanent ex
pense account, .
11,730 51 Balance of temporary ex
pense account, .
Suspense hand,
account,
19,502 38 Cash
on
. . .
15 ,478 84

$ 75,425 00

3,460 00
750 00
274 78
142 20
690 98
3,810 47

917 00

3,203 00
380 46
7 74
$ 84,553 43

$ 84,553 43

Number of shares issuel during the year,

.

.

Number of sharcs now in force, . .
Number of sharcs now borrowed upon,

.
•

.
.

.
.

.
.

.
.

3,605
. 533

Amount of dues recived during the year,

.

.

.

.

.

.

1,636
.

$ 37,304 00

PUBLIC DOCUMENT — No. 8.

1883.]

429

: : :

Highest premium received during the year, . . . . . . .
Lowest premium received during theyear, . . . . . . .
Fine for non -payment of dues : 2 per cent. per month.
Transfer fee, . . . . . . . . . .
. .
Number of members withdrawn during the year, . . . . . 93
Present number of members, . .
Present number of borrowers,. . . i . . . . . 82
Present number of non -borrowers, . . . . . . . . . 488
78,885 00
Amount of loans at date, . . . .
. . 68 75,425 00
Number and amount of loans on realestate, .
Number and amount of loans secured by firstmortgage of real estate, 59 70,725 00
4,700 00
Number and amount of loans secured by other mortgage of real estatc , 9
Number and amount of loans on shares, . . . . . . 32 3,460 00
Largest loan to any one member , . . . . . . . . . 5 ,000 00
25 00
Smallest loan to any onemember, . .
Largest number of shares held by any one member,

Amount of expenses of the corporation for previous year (not including
.

.

.

.

826 38

.

56 ,336 86

.
.
.
.

. . .
. . 668
.

· ·
· ·

interest),

Value of shares at last report, .
Total value of unpledged shares (including unpaid dues),
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, .

63,883 42
3,690 45

14,890 00

.

56,122 88

.

54,605 44
450 00

Treasurer's salary , .

.

.

Treasurer's bond, .

.

.

.

.

.

. . : :

.

· · · · ·
· · · · ·

.

.

· · · ·

Geographical limit: Massachusetts.
Amount of cash received during the year,
Amount of cash paid during the year, . .
Secretary's salary, , . .

100 00
2,500 00

.

Secretary's bond, ..
1,000 00
Date of examination by commissioner: July 27.
WORKINGMEN 'S CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIA
TION - BOSTON .
Incorporated June 9, 1880. Commenced business June 11, 1880.
Capital to be accumulated , $ 1,000,000.
ROBERT TREAT PAINE , JR., President.
D . ELDRIDGE, Secretary.
CHARLES W . DEXTER, Treasurer.
STATEMENT.
LIABILITIES.

490 shares of stock , first
series, at $ 30.60,
.
306 shares of stock, second
series, at $ 23.90,
255 shares of stock, third
589series,
sharesat of$ 17.40,
stock, fourth
series, at $ 11. 10 , .
491series,
sharesat $of5 .00,stock, . fifth.
Dues in advance, . .
Surplus , · · ·
Forfeited share
account,
Withdrawal
profits,
..
liabilities
Other

,

ASSETS.

$14,994 00

7,313 40

Loans
on real
estate,
Loans on
shares,
. .
Unpaid dues,

.

.

Balance of permanent ex
pense account, . . .

4,437 00 Balance
of temporary. ex
pense account, .
6,537 90 Cash on hand , . . .
2,455
205
11
4
29

$ 29,800
00
600 00
1,281 00

250 00
26 69
4 ,895 82

00
00
55
06
31

866 29

$ 36,853 51

$36,853 51

430

BANK COMMISSIONERS' REPORT. [ Jan .'83.
.
.

.
.

.
.

Present number of non -borrowers,
Amount of loans at date,

.

.

.

.

.

.

.

.

• 208
. . $ 23,100 00

119

. . . . .

Number of shares now borrowed upon, . . . . .
Amountof 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.
Transfer fee, . . . . . . . . .
Number of members withdrawn during the year, . . .
Present number of members, .
Present number of borrowers ,

1,201
2,131

.
.

. . . .

. . . . . . . . . ..

Number of shares issued during the year, .
Number of shares now in force, . . .

. 314
.

27
07

. 287

30,400 00

Number and amount of loans on real estate,.
Number and amount of loans secured by firstmortgage of real estate, 21
Number and amount of loans on shares, .
· 6
Largest loan to any one member, .
.
Smallest loan to any one member, . . . .
Largest number of shares held by any one member, .

29,800 00
29,800 00
600 00

3,000 00

50 00
.

.

.

25

Amountofexpenses of the corporation for previous year (not including
interest) ,

.

.

.

Value of shares at last report,

.

.

.

.

.

.

.

.

.

.

. 417 78

.

.

.

.

.

.

.

.

.

18,491 32

Total value of unpledged shares (including unpaid dues), .
.
Number of shares withdrawn during the year, . . .

.
.
.

.
.
.

.

.

:

.

·
.

. . . . .

. . . . .

Amount of cash paid during the year, . . . . .
Secretary 's salary, . . . . .
. . .
Treasurer's bond, . . . . . . . .
Secretary 's bond, . . . . . . . . .
Date of examination by commissioner : August 1.
* For year ending June 1.

. : . .

.
.

. .

Number and amount of loans repaid during the year, .
Amount of cash received during the year, . . .

Geographical limit : Massachusetts .

. . . .

. . . 32,312 50
. . • 1,208 81
. . 644

Amount of interest credited to shares during the year,

5
.

3,450 00
28,509 54

. 26,937 50
200 00
.
. . 1,000 00
.

1,000 00

INDEX .

INDEX TO THE ANNUAL REPORTS.
SAVINGS BANKS.
CORPORATE NAME.
. Abington Savings Bank,
. South Adams Savings Bank, .
• Amherst Savings Bank, ·

Abington ,
Adams,
Amherst,
Andover, .
Arlington ,

,
,

.
.

.
·

.
·

. . . Andover Savings Bank , . .

Bank, .
Cents Savings
· Arlington Five Bank,
.

.

Athol Savings

. . .
Athol,
Barnstable .
.

.

.

Beverly , .

.

.

Barre,

PAGE

.

.
·

286

11

• Barnstable Savings Bank, . . . . . .
.

.

. Barre Savings Bank ,

.

.

Beverly Savings Bank , . .
( Boston Five Cents Savings Bank, ,
Boston Penny Savings Bank, . .

381
14

.

.

23

..
.

Brighton Five Cents Savings Bank, . .
Charlestown Five Cents Savings Bank , . .
East Boston Savings Bank , .
Eliot Five Cents Savings Bank, . .
Emigrant Savings Bank, . . .
Franklin Savings Bank, . .
Boston , .

2

.

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

LOCATION .

97

100
. 118
153

Home Savings Bank , . .
164
Institution for Savings in Roxbury and its Vicinity, . 383

. .

Mechanics' Savings Bank , . . . .

38 +

Mercantile Institution for Savings, .
North End Savings Bank , . .

248

| Provident Institution for Savings in the Town of
Boston, .

.

.

.

263
291

.

South Boston Savings Bank, . and Others, .
Suffolk Savings Bank for Seamen
Union Institution for Savings in the City of Boston ,
Bridgewater, .

.

Warren Institution for Savings,
| West Boston Savings Bank , .

.
.

, Bridgewater Savings Bank, .

.

388

.

.

.

7 Brockton Savings Bank, . .

Canton , .
Chelsea, .

.
.

( CambridgeSavings Bank, .
. .
| Cambridgeport Savings Bank,Savings
Bank,
• East Cambridge Five Cents
(North Avenue Savings Bank , , , ,

Chicopee Falls,

.
•

. Canton Institution for Savings,
Savings Bank , . .
Chelsea TVII
•. Chelsca

. . Chicopee Falls Savings Bank,

.
.

.
.

. .

.

32
385
41
43

Brookfield, . . · Brookfield Savings Bank, , . . .
Brookline, . . . Brookline Savings Bank, . .
Cambridge, ·

337

.

North Bridgewater Savings Bank, . .

Brockton ,

310
317

90

242
50

.

62

.

65

INDEX .

434

[ Jan .

Chicopee, .
Clinton , .

.
.

.
.

CORPORATE NAME.
. Chicopee Savings Bank, . .
. Clinton Savings Bank, . .

.
.

.
.

.
.

Cobasset,
Concord ,
Danvers, .

.
.

.
.

. Cobasset Savings Bank, . . .
· Middlesex Institution for Savings, .
. Danvers Savings Bank, . . .

.
..

.

LOCATION .

Fall River, ·

.

. Fairhaven Institution for Savings, .
Citizens' Savings Bank , . .

.

| Fall River Five Cents Savings Bank, . .

Franklin ,

· · Fall River Savings Bank, · · ·
Union Savings Bank, . . . .
Fitchburg Savings Bank, . .
. ?| Worcester
North Savings Institution,
Florence Savings Bank, . . .
.
Bank, . .
. . Foxborough Savings
. . Framingham Savings Bank, . .
· Benjamin Franklin Savings Bank, .

Gardner, . .
Georgetown, .
Gloucester, .

.
.
.

Fitchburg , .
Florence , . .
Foxborough , .
Framingham , .

Grafton , .

Great Barrington , .
Greenfield ,

· Gardner Savings Bank, . .

. Georgetown Savings Bank, .
• Cape Ann Savings Bank, .
Grafton Savings Bank, . .
. Great Barrington Savings Bank, .
Franklin Savings Institution , . .
| Greenfield Savings Bank,
. Groveland Savings Bank,

.

.

.

.

. .
Cod Five Cents Savings Bank,
Harwich , . . . Cape
Bank, . . .
Haverhill
Haverhill, . . i City Five Savings
Cents Savings Bank , .

Groveland,

.

. Haydenville Savings Bank, . .
. Hingham Institution for Savings, .
. . Holliston Savings Bank, .. .
Holyoke Savings Bank,
Holyoke, . .
| Mechanics' Savings Bank,
• Hopkinton Savings Bank,
Hopkinton , .
Hudson, . . . . Hudson Savings Bank, .
Hyannis, · · .· . Hyannis Savings Bank, . .
Bank, . .
Hyde Park, . . . Hyde Park Savings
• Ipswich Savings Bank , .
Ipswich , ..
Lancaster,
Lancaster Savings Bank,
( Broadway Savings Bank,
Lawrence,
• Essex Savings Bank , . .
Haydenville, .
Hingham , .
Holliston , .

.
.

( Lawrence Savings Bank, .
Lee Savings Bank, . . .

Lee, .

Leicester,
Leominster, .

.

· Leicester Savings Bank , . .
. Leominster Savings Bank, .

.

.

211

.

Mechanics' Savings Bank, . . .
Merrimack River Savings Bank, . .

.

· · · ·
· · · · ·

Savings Bank, . .
Lexington, - . . LexingtonSavings
Bank, . . .
Central
City Institution for Savings, . .
Lowell Five Cents Savings Bank, . .
Lowell, . . Lowell Institution for Savings,

. .

.
.
,
. . .

East Weymouth Savings Bank , . .

East Weymouth,
Fairhaven , .

.
,
,
.

. 67
. 76

· · · ·
· · · · · · · · · · · · ·
· · · · · · · · · · · · · · · · · · · · · · · · ·
· · · · · · · · ·
· · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·

Dedbam , .
. Dedbam Institution for Savings,
East Bridgewater, . . East Bridgewater Savings Bank ,
Easthampton , . . . Easthampton Savings Bank, ,
Easton , . . . . North Easton Savings Bank, .

PAGB

.
.

933

246
. 95
104

. 69
. 106
108

319
110
371

112
. 113
115

.

18
52

.
.

129
120

. 131

. 134
55
• 140

. 71
. 143
. 145
. 148
.

150

. 195

. 158
160
381

162
169
382
39

101

171
173

175
177
383
57

179
181

. 197
207

PAGE

New Bedford, . .
Newburyport, .

3 Vicinity ,

Merrimac,

.

.

Middlebord

1

Millbury .

.

.

Monson . .

.

.

Nantucket, · ·
Natick, . . .
.

.

Plymouth,

.

.

216

. 220
222

.
224
. . . 384
. . . 227
. . . 230

.

.

.

.

166

.

. . .

Provincetown,.
Quincy, . .
Randolph , .
Reading, . .

.
.
.
.

.
.
.
.

Rockland,
Rockport,

.
.

. Rockland Savings Bank , .
. Rockport Savings Bank, .

.
.

.

.

213

.

Seamen 's Savings Bank , .
Quincy Savings Bank .
Randolph Savings Bank, .
Reading Savings Bank, ,

.
.

20

257

. .
. .
. .
,
.
.

252
334

. .

Pittsfield, .

.

234
Newburyport Five Cents Savings Bank,. . . . 236
. Newton Savings Bank , .
156
SHoosac Savings Bank, . . .
240
7 North Adams Savings Bank, . .
138
SHampshire Savings Bank,
238
' ? Northampton Institution for Savings, .
13
. Attleborough Savings Bank, .
.
. 244
. North Brookfield Savings Bank, ,
250

. . Orange Savings Bank , . . .
Palmer Savings Bank , . . .
.
. . Warren Five Cents Savings Bank , .
. . . Berkshire County Savings Bank, .
Five Cents Savings Bank,
, . f( Plymouth
Plymouth Savings Bank ,. . .

Orange, . .
Palmer, . .
Peabody, . .

..

( Institution for . Savings in Newburyport and

.

Newton , . . .
North Adams,. .
Northampton , . .'
North Attleborough ,
North Brookfield, .

. 191
. 193
199
201
203
205
209

. . . . . .

Milford ,

• 183
. 186
189

. . .

.
.

260

282
269

.

. . . .

.
.

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

Marlborough, . .
Medford, . .

. Marlborough Savings Bank , .
. Medford Savings Bank, . .
. Medway Savings Bank,
.
Melrose Savings Bank , . . . .
. Merrimac Savings Bank , . . . .
Middleborough Savings Bank, , .
· Milford Savings Bank, . . . .
. Millbury Savings Bank, . . .
. Monson Savings Bank, . . . .
Nantu Institution for Savings, . .
· Nantucket
Cents Savings Bank, , .
Natick Five
.. Needham
Fi Savings
Bank,
. . .
S New Bedford Five Cents Savings Bank , .
New Bedford Institution for Savings, .

Medway, .
Melrose , .

.
.

· ·

. Malden Savings Bank, . .
. Marblehead Savings Bank,

· · · · · · ·

Malden , . . .
Marblehead, . .

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

CORPORATE NAME.

LOCATION .

Five Cents Savings Bank,
Lynn, . . . . ? Lynn
Lynn Institution for Savings, .

Needham .

435

PUBLIC DOCUMENT — No. 8 .

1883. ]

271

386
274

.

.

.

387

Five Cents,Savings Bank , . . . .
276
Salem , . . . ſ( Salem
Salem Savings Bank,
. . . . . .
279
Salisbury, , . . Provident Institution for Savings in the Towns of
Salisbury and Amesbury, . . . . . . 266
Sandwich ,

.

.

. Sandwich Savings Bank , .

.

Scituate, .

.

.

. Scituate Savings Bank, .

.

Shelburne Falls, .
South Braintree, .
Southbridge, . .
South Scituate, .
South Weymouth,
South Yarmouth, .

387

.

Shelburne Falls Savings Bank, ,
Braintree Savings Bank, . .
Southbridge Savings Bank , , .
South Scituate Savings Bank , . .
South Weymouth Savings Bank , .
Bass River Savings Bank, . .
Spencer, . . . . Spencer Savings Bank, . . .
Hampden Savings Bank,. . .
Five Cents Savings Bank,
Springfield, . . ( Springfield
Springfield Institution for Savings,

388
284

,

.
.
·
.
.
.

30
288
293

295
.

.

16

297

136
.
299
.
. . . . 301

INDEX .

436
LOCATION .

[ Jan.

CORPORATE NAME.

PAGB

Wales Savings Bank, .
. Waltham Savings Bank, .
. Ware Savings Bank, .
. Warebam Savings Bank, .

.
.

.

.

.

. Warren Savings Bank, . . . .
. Watertown Savings Bank ,

Webster,
. . . • Webster Five Cents Savings Bank,
Wellfleet
,.

.

.

. Wellfleet Savings Bank, .

· Westborough Savings Bank ,
Bank,
Worono Savings
. / Wesifield
Worrinoco
Savings Bank,
West Stockbridge , . . Miners' Savings Bank, .
Weymouth , . . . Weymouth Savings Bank,
Whitinsville, . . . Whitinsville Savings Bank,
Winchendon, . . . Winchendon Savings Bank,
Westborough, ·
Westfield, ..

Winchester, .

·
..

.

.
.
,

.
.

.
.
.

.

.
.

. Winchester Savings Bank, .

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

.
.
.
.
.

.
.

30836
313
315
80
321
323
325
327
329

· · · ·

.
.
.
.
.

.
.

· ·

Wales, .
Waltham ,
Ware, .
Wareham ,
Warren , .
Watertown ,

• 306
·

Stockbridge,
Savings Bank, .
Stoneham , .. .. .. Stockbridge
Stoneham Five Cents Savings Bank,
BristolCounty Savings Bank, . .
Taunton, . . . | Taunton
Savings Bank, . . .
Templeton , .
Templeton Savings Bank, . .
Turner's Falls , i · Crocker Institution for Savings, .
Uxbridge, . . . Uxbridge Savings Bank, .
Wakefield, . . · Wakefield Savings Bank , .

.

332
310

311
343
345
347

349

373

218
. 351
353
355

357

359
Woburn, . . . . Woburn Five Cents Savings Bank, . . .
( People's Savings Bank , . . . . . . . 254
361
| Worcester County Institution for Savings, .
Worcester,
• Worcester Five Cents Savings Bank, . . . . 365
368
( Worcester Mechanics'Savings Bank, . . .
TRUST COMPANIES.
392
American Loan and Trust Company, . . . . 392
Boston Safe Deposit and Trust Company, . .
393
Collateral Loan Company, . . . . .
394
International Trust Company, . .
Boston , . . .
397
Massachusetts Hospital Life Insurance Company,

Massachusetts Loan and Trust Company, .

Worcester,

.

394

New England Trust Company , . . . ,
. . . Worcester Safe Deposit and Trust Company, .

396

395

CO -OPERATIVE SAVING -FUND AND LOAN ASSOCIATIONS.
Homestead , · ·
. . 411

Greenfield ,
Haverhill,

.
,

.
,

Fitchburg ,

.

. Green River, .
, Haverhill, . .

. .
.
.

.
.

Holyoke, . . . . Holyoke, . . . .

.
.

.
.

• 414

· 417

.
.

· · · · · · · · · · ·

.

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

.

· · · · · · · · ·

Fitchburg ,

. . . . . . .

Merchants ', · · · ·
Boston, . . . • { Pioneer, . .
| West Roxbury ,
· · ·
( Workingmen's,.
.
, Campello, .
Brockton ,
Security, . .
East Cambridge, . . Cambridge,
| People's, . .
Fall River, ·
Troy,. . .

. . . . .

427
. 429
402
419

401
416

424
405
406
407
409

PUBLIC DOCUMENT — No. 8 .

LOCATION .

. Equitable,

New Bedford , .
Plymouth ,
Somerville, ,

.

· New Bedford , .
• Plymouth ;
. Somerville,

Springfield , .

.

. Springtield

Home,
Worcester,

.

.

General Remarks on Banks, .
General Remarks on Loan and Trust Companies,

.

.

.

.

.

.

.

.

.

.

.

· · · · · · · · · · ·

.

.

422
413
. 423
425

• 426

· ·

.

.

. .

Westfield ,

.

. . 418
. 421

· ·

Taunton ,

. Waltham , .

.

. 415

· · ·

| Mechanics', .

Taunton, ·
Waltham ,

Westfield ,
Worcester,

PAOE

• 401

. . . .

:

· · · · · · · · · · ·

.

437

CORPORATE NAME.

.

Lynn,

. . . . . . . . ..

1883.]

· 410
. 428

General Remarks on Co-operative Saving-Fund and Loan Associations, . ,
Revised Stațutes relative to Savings Banks,
. . . . . . .
Aggregate Statement of Banks doing Business, . . . . . . . .
Comparative Aggregates, .
. . . . . . .
. .
Trial-Balance Sheet, . . . . .
, , between 377 and
Aggregate Statement of Banks in the Hands of Receivers, . . . . .
Table exhibiting Number, Condition, etc., of Savings Banks in each Year from
1834 to 1881, inclusive,

.

.

.

.

.

.

.

.

.

.

.

xi
xiji
375
377

378
389

390


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102