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N o. 8.
P U B L IC D O C U M E N T .
A N N U A .!.. REIPQEX.;.....;..:;..
BOARD
OF
COMMISSIONERS
OF
S A V IN G S B A N K S .
1884.
B O ST O N :
WRIGHT & POTTER PRINTING CO., STATE PRINTERS,
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Federal Reserve Bank of St. Louis
18 Post Office Square.
1885.
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Federal Reserve Bank of St. Louis
33 s.I
1^24-
(iommonujealtl) of Jttasaacljusetts.
O f f ic e of t h e C o m m is s io n e r s of S a v in g s B a n k s ,
C o m m o n w e a l t h B u i l d i n g , B o sto n , Jan. 7, 1885.
To the Honorable Senate and House of Representatives.
The Commissioners o f Savings Banks have the honor to
present their Ninth Annual Report for the consideration of the
legislature.
There are 168 savings banks doing business in the Common
wealth, the same as last year.
The last legislature granted an act of incorporation for the
Granite Savings Bank of Rockport.
A meeting o f the corpo
rators has been holden, and the officers of the corporation have
been chosen, but the bank has not yet been opened for the
receipt of deposits.
During the year, final dividends o f the receiverships o f two
insolvent savings banks have been allowed
Judicial Court, — the North
Bridgewater
Brockton and the Sandwich Savings Bank.
by the Supreme
Savings Bank of
The percentage
of the final dividend to the depositors o f the North Bridge water Savings Bank was 6 ^ ^ , which, with the previews divi
dends allowed, was 9
4
per cent, o f the principal o f the
0 / ^ IIS -rY x % %
deposits.
The final dividend allowed to the depositors o f the Sandwich
Savings Bank was 6 per cent., which, including dividends pre
viously paid, was 81 per cent, o f the principal o f the deposits.
There are still three receiverships,
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Federal Reserve Bank of St. Louis
the settlement o f the
vi
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
affairs o f which are not sufficiently advanced to admit of the
allowance o f the final divid en d ,— those o f the Scituate, Read
ing and Lancaster Savings banks.
The receivers o f the Scituate and Reading Savings banks are
waiting the decision by the courts o f controverted legal ques
tions.
They will then be ready for an immediate settlement
o f the affairs of these banks.
The Lancaster Savings Bank was placed in the hands of
receivers D ec. 3 0 , 1875.
No dividend has been paid to the
depositors since October, 1878, more than six years.
The
receivers allege that the difficulty of disposing o f a large parcel
of unimproved real estate in the Dorchester district o f Boston,
at a price that is considered reasonable by them, has prevented
the final settlement.
W e are, however, of the opinion that the
settlement is unnecessarily protracted ; that the property should
be sold, either at private or public sale, for the most that it
will bring, and the proceeds o f the remaining assets distributed
to the depositors during the coming spring.
On the next page is a tabular statement o f some statistics
relative to the insolvent savings banks.
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Federal Reserve Bank of St. Louis
1 8 8 5 .]
Banks in the Hands o f Receivers.
Amount due De
Injunction.
of Assets
delivered to the
Eeceivers.
positors at date
of Injunction.
May 23, 1878,
$1,274,040 81
$1,291,302 05
$1,055,361 90
Lancaster Savings Bank,
Lancaster, . Dec. 30, 1875,
1,030,523 27
973,390 36
517,928 09
Needham Savings Bank,*
Needham, .
23,623 37
23,354 17
North Bridgewater SavingsBank* Brockton, . Nov. 13, 1877,
450,840 401
542,076 10
512,045 15
Reading Savings Bank,
115,712 81
156,329 78
42,990 70
271
29, 1878,
109,761 89
108,145 35
87,595 86
81
9, 1880,
125,486 44
127,751 94
76,651 14
60
36,874 58
$3,129,988 99
$3,222,349 75
$2,315,927 01
-
$365,822 23
NAME.
Barnstable Saving Bank,*
Sandwich Savings Bank,*
.
Barnstable,
Reading,
.
Scituate Savings Bank,
March 4, 1879,
. April 11, 1879,
Sandwich, . Jan.
Scituate,
July
T o t a ls ,................................
* The receivers of these banks are paying the final dividend.
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Federal Reserve Bank of St. Louis
Amount of
Dividends.
Per
Centum.
82
53ij
$266,993 51
23,354 17 100
-
Q4 4_6
•'’ TOO
61,954 14
-
P U B L IC D O C U M E N T — No.
Balance of Assets
in hands of the
Eeceivers con
vertible for fu
ture dividends.
t Nominal Value
Date of Perpetual
Location.
1 In addition to this amount is the sum of $68,091, due from the late treasurer.
<
viii
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
The amount of deposits in the Savings Banks doing business
O ct. 3 1 ,
1884, was $ 2 6 2 ,7 2 0 ,1 4 6 .9 7 , being $ 1 0 ,1 1 2 ,5 5 3 .9 5
more than at the same date o f the previous year.
The surplus was $ 5 ,2 4 7 ,3 7 1 .0 9 , having increased $ 6 ,4 1 1 .8 3
for the year.
The guaranty fund was $ 5 ,6 9 2 ,5 0 4 .2 0 , which was an increase
o f $ 8 9 2 ,2 0 8 .4 7 for the year.
The number of open accounts was 8 2 6 ,0 0 8 , an increase of
19 ,9 9 8 for the y ear;
which would make the average o f the
accounts $ 3 1 8 .0 6 , an increase from the average o f the previous
year o f $ 4 .6 6 .
The amount o f deposits (including dividends) during the
year was $ 5 9 ,6 1 3 ,6 1 8 .3 8 , an increase o f $ 1 ,0 6 9 ,7 3 5 .9 7 from
the previous year, and the number of deposits (8 5 0 ,8 2 4 ) de
creased 9 7 ,2 6 7 .
The average of deposits was $ 7 0 .0 6 .
The
average the previous year was $ 6 1 .7 5 , being an increase o f
$8.31 for the year.
The total o f withdrawals was $ 4 9 ,0 6 6 ,5 4 4 .5 3 , an increase o f
$ 1 ,9 0 9 ,6 2 7 .4 9 from that of the previous year.
The number
o f withdrawals was 5 2 9 ,8 8 6 , an increase o f 4 9 ,6 6 1 from the
previous year.
The average o f the withdrawals was $ 9 2 .6 0 , a decrease o f
$5 .6 0 from the previous year, when it was $ 9 8 .2 0 .
Investments in United States bonds have decreased $ 4 7 0 ,7 1 4 .1 0 .
State and municipal bonds have increased $ 4 ,5 1 7 ,-
0 4 0 .8 8 .
Loans on public funds have decreased $ 4 8 ,2 1 9 .6 2 .
Investments in bank stock have
increased
$ 2 2 0 ,2 7 2 .6 1 .
Loans on bank stock have increased $ 7 0 ,1 8 9 .9 1 .
Investments in railroad bonds have increased $ 2 ,2 3 2 ,5 3 3 .2 7 .
Loans on mortgages o f real estate have increased $ 6 ,6 1 9 ,2 6 6 .5 2 , and $ 1 ,5 4 9 ,4 1 3 .1 9 have been deducted from real estate
acquired by foreclosure, which is $ 4 ,1 8 4 ,2 3 6 .5 8 .
Loans
on personal security have increased $ 1 ,1 1 5 ,9 3 6 .2 1 .
The deposits in banks bearing interest are $ 8 ,8 5 7 ,7 7 9 .7 6 , a
decrease from the previous year o f $ 2 ,8 2 5 ,1 7 9 .7 0 .
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Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
IX
The percentage of assets in the various classes o f investments
is fifteen and five one-hundredths per cent, in public funds and
loans on public fu nd s; nine and ninety-seven one-hundredths
per cent, in bank stock and loans on sa m e; five and five onehundredths per cent, in railroad bonds ; thirty-six and fourteen
one-hundredths per cent, in loans on mortgages of real estate;
two and thirty-nine one-hundredths per cent, invested in real
estate,
including foreclosures;
twenty-two and ninety-three
one-hundredths per cent, in loans on personal security; three
and sixty-one one-hundredths per cent, in loans to counties,
cities and towns ; three and twenty-four one-hundredths per
cent, in deposits in banks on interest; one and fifty-nine onehundredths per cent, in cash on hand and sundry items.
The earnings o f the banks were $ 1 3 ,5 7 5 ,0 4 7 .6 3 — $ 4 8 7 ,838 .7 5 more than the previous year.
The amount o f dividends
was $ 9 ,8 7 7 ,7 1 3 .4 4 , an increase of $ 3 4 2 ,3 2 2 .0 8 .
Twenty banks paid the highest rate of dividends allowed, —
five per cent. ; twenty-five banks paid dividends between four
and five per cent. ; one hundred and seventeen banks paid four
per cent, dividends; three banks paid three and one-half per
cent, dividends ; two banks paid three per cent, dividends
and one bank, which was temporarily enjoined by a decree o f
the supreme judicial court, and is being wound up by its offi
cers, paid no dividend o f interest.
The average rate of ordinary dividends was four and fifteen
one-hundredths per cent., or six one-hundredths per cent, more
than the previous year.
In view o f the prevailing financial and industrial depression,
the prosperity o f the savings banks during the past year is sig
nificant o f the conservative management which has characterized
these institutions since the passage of the general law o f 1876.
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4
B A N K C O M M IS S IO N E R S ’ R E P O R T .
X
L oan
and
[Jan.
T rust Companies .
There are eight o f these companies, including the Massachu
setts Hospital Life Insurance Company and the Collateral Loan
Company, now doing business in the Commonwealth.
There are no special remarks to be made relative to any one
of these companies.
The general bill in relation to
“
Loan and Trust Companies”
reported to the last legislature by the Commissioners o f Sav
ings Banks and the Commissioner o f Corporations, pursuant to
instructions by the previous legislature, failed o f adoption.
The conflicting views and interests o f the different companies
prevented any unity of action by them, and the Committee on
Banks and Banking, to whom the report o f the Commission
ers was referred, reluctantly arrived at the conclusion that it
would be inexpedient to press the passage o f the bill at that
time.
Co- operative Banks .
There are now twenty-six co-operative banks doing business
in the Commonwealth, one more than last year.
The W e ir Co-operative Bank was organized in the village of
W e ir , city o f Taunton, and commenced business July 16, 1884.
The bill introduced into the last legislature to authorize co
operative banks to establish a guarantee fund failed to become a
law.
W e are o f the opinion that it would be found a salutary
measure for the security of these institutions during periods of
depression in values of real estate, and we recommend that
such a law be enacted.
W e also recommend that the general law regulating these
banks be amended so as to provide for the consolidation o f the
offices of secretary and treasurer.
Our experience in the super
vision of these banks constantly tends to confirm us in the
belief that the
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Federal Reserve Bank of St. Louis
consolidation would operate for their better
1 8 8 5 .J
P U B L IC D O C U M E N T — N o. 8.
xi
security and for the greater convenience o f the shareholders,
and all others having transactions with them, especially as the
volume o f their business increases.
This opinion is in harmony with that of most of the officers
o f these banks with whom we have conferred relative to this
change.
These banks have generally enjoyed
a prosperous year.
They have increased their assets $ 5 0 0 ,6 6 0 .7 7 during the year,
which now amount to $ 1 ,9 7 1 ,9 2 3 .2 0 , as will be seen by the
table o f statistics relative to these institutions on the following
page.
In the succeeding pages will be found a copy o f the Public
Statutes relative to savings banks, with such additions and
amendments as have been made by the various legislatures to
the present time.
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Federal Reserve Bank of St. Louis
J. G A T C H E L L ,
C. C U R R Y ,
Commissioners o f Savings Banks.
Co-Operative Banks.
Date of
Location.
NAME.
Incorporation.
Number of
shares now
in force.
Present
Present
Members.
Increase of
|
Number of Number of
Assets.
Assets from
Previous Year.
Borrowers, j
East Cambridge,
Sept.
5, 1877,
354
62
16
$6,863 54
$2,117 77
Campello,
Brockton,
Oct.
3, 1877,
3,264
462
97
105,170 78
21,090 38
Equitable,
Lynn,
• Oct.
2, 1877,
941
169
35
31,424 85
4,443 44
Fitchburg,
Fitchburg,
Oct.
27, 1877,
4,618
584
179
161,157 88
42,966 78
Haverhill,
Haverhill,
Aug. 20, 1877,
2,323
324
71
71,798 95
18,272 94
Holyoke,
Holyoke,.
July 24, 1880,
1,554
253
46
36,743 41
9,804 04
Worcester,
June 10, 1882,
2,423
338
46
43,633 31
21,985 22
Homestead, .
Boston, .
Sept. 11, 1877,
4,992
735
99
121,993 73
30,396 64
Mansfield,
Mansfield,
Marchio, 1883,
1,214
226
28
18,181 89
12,051 77
Mechanics1, .
Taunton,
Sept
14, 1877,
4,249
619
184
178,883 51
38,187 00
Merchants’, .
Boston, .
Dee.
2, 1881,
2,524
362
50
44,803 76
18,714 44
B A N K C O M M IS S IO N E R S ’ R E P O R T .
New Bedford,
New Bedford,.
July
11, 1881,
2,505
399
68
66,588 21
20,750 35
°
People’s,
Fall River,
Feb.
18, 1882,
1,327
204
38
32,735 59
10,114 23
Pioneer,
Boston, .
July 26, 1877,
4,705
720
138
LJan*
Cambridge, .
Home, .
.
»
.
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Federal Reserve Bank of St. Louis
.
.
150,851 57 1 11,184 06
145
17
12,883 29
6,622 31
Brockton,
Dec. 17, 1877,
2,451
435
88
93,665 38
20,063 74
Somerville, .
Somerville,
May
4, 1880,
3,316
432
75
64,363 02
24,110 55
Springfield, .
Springfield,
April 13, 1882,
1,927
264
57
46,436 67
19,570 66
Taunton,
Taunton,
March 2, 1880,
3,551
531
203
151,259 35
34,892 22
Troy,
Fall River,
July
10, 1880,
3,083
434
74
93,653 41
19,274 98
Waltham,
Waltham,
Oct.
13, 1880,
5,791
932
148
174,301 79
53,788 97
Weir,
Taunton,
July
11, 1884,
812
181
3
3,298 67
3,298 67
Westfield,
Westfield,
Dec.
13, 1881,
857
175
39
19,610 86
7,394 00
West Roxbury,
Boston, .
Feb.
1, 1881,
943
181
20
21,431 19
3,987 03
Worcester,
Worcester,
Oct.
19, 1877,
4,380
642
119
135,404 83
20,487 51
Boston, .
June
9, 1880,
3,411
485
80
84,783 76
25,091 07
68,133
10,294
Security,
.
.
Workingmen’s,
Totals,
June
2,018 $1,971,923 20 $500,660 77
xiii
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Federal Reserve Bank of St. Louis
>
P U B L IC D O C U M E N T — N o. 8.
618
Plymouth,
1 8 8 5 .]
7, 1882,
Plymouth,
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan
[P . S., C h a p t e r 116.]
OF SAVINGS BANKS AND INSTITUTIONS FOR SAVINGS.
C O M M ISS IO N E R S O F SA V IN G S B A N K S .
D IV ID E N D S A N D P A T M E N T S .
S e c t io n
S e c t io n
1. Appointment and tenure of office.
2. Compensation and allowances.
3. Commissioners to visit and examine
every bank annually.
4.
may summon and examine officers,
etc.; penalty for refusing to obey sum
mons, or for obstructing commissioner.
5.
shall examine bank on request of five
officers or creditors, etc.
6.
proceedings by, when bank is insol
vent, or in a hazardous condition.
7. Schedule of effects to be delivered to
receivers. Officers may be examined
under oath.
8. Commissioners to examine the ac
counts, etc., of receivers.
9.
to report violations of law, and attor
ney-general to prosecute.
10.
to report violations of law by receiv
ers.
24. Guaranty fund.
25. Net profit to be divided among deposi
tors, and in what manner.
26. Dividend not to be paid unless net
profits are one and one-half per cent.,
except, etc.
27. Extra dividends.
S A V IN G S
BANKS AN D
IN S T IT U T IO N S
FOR
S A V IN G S.
11. Savings banks and institutions for sav
ings, powers and duties of.
12. Power of general court over same.
Penalty for obstructing investigation.
O F F IC E R S A N D M E E T IN G S .
13. Officers of such corporations.
14. Treasurer’s bond.
15. Choice and appointment of officers.
Vacancies.
Clerk to notify persons
elected, and publish list. Penalty.
16. Special meetings, how called and noti
fied.
17. Members of the corporation.
18. Regular meetings of trustees. Quorum.
Statement o f condition.
Record of
meeting, and names of trustees pres
ent. Office of trustee, how vacated,
and procedings thereon.
D E P O S IT S , L O A N S , A N D IN V E S T M E N T S .
19. Limit to amount of deposits, and of
interest.
20. Investments.
21. No officer, etc , to borrow of the cor
poration, or become surety.
22. Savings banks, etc., not to receive
brokerage, etc, on account of a loan.
Penalties.
23. Applications for loans.
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Federal Reserve Bank of St. Louis
28. N o dividend to be declared or paid,
until, etc.
29. Deposits, how withdrawn. Payments
to minors.
30. Depositor may set off the amount of
his deposit in proceedings by the cor
poration.
31. In actions for deposits, claimants may
be made defendants, etc. Deposits
may remain, or be pa;d into court, etc.
32. W hen a deposit is made in trust,
name, etc., of persons for whom made,
to be disclosed; to whom payable in
case of death.
33 Depositor to be notified when amount
entitled to dividend is exceeded.
34. List of amounts due depositors not
entitled to dividend, to be published
once in five years.
S P E C IA L T R U S T F U N D S .
35. Corporations may receive
funds in
trust for parks, shade trees, ceme
teries, and drinking fountains.
36. Probate courts may authorize execu
tors, etc., holding funds in trust for
such purposes, to deposit same.
37. Statement of the amount thereof to be
made every third year, etc.
38. I f the corporation ceases to do business,
these funds, where to be deposited.
BOOKS A N D R E T U R N S .
39. Commissioners may prescribe manner
of keeping and auditing books, etc.
40. Treasurer to make annual report.
Particulars to be stated in same.
41. Additional statements may be re
quired.
42. Commissioners to furnish forms of re
ports; to report to the general court.
43. Treasurer to inform overseers of poor
of deposits to the credit of a pauper.
44. Receivers to deposit unclaimed moneys,
etc., with treasurer.
xv
P U B L IC D O C U M E N T — N o. 8.
1 8 8 5 .]
COMMISSIONERS OF SAVINGS BANKS
The board of commissioners o f savings banks Appointment
and tenure of
shall consist of two commissioners appointed by the governor, office of board,
with the advice and consent of the council, and subject to re- 1876,231, §§ 1- 3.
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.
Sect. 2. The annual salary o f each of said commissioners Compensation
S e c t io n
1.
and allowances.
shall be two thousand eight hundred dollars ;
&
and the board 1879,124, § 1.
.
.
.
.
1882, chap. 148.
shall be allowed two thousand dollars a year for clerical assist
ance, and also the actual expenses incurred in travelling in
the discharge o f its official duties.
Sect. 3. The commissioners shall visit once in every vear, The board to
J
visit and examand as much oftener as they deem expedient, every savings ine every bank
.
annually.
bank and institution for savings incorporated by authority of 1866, 192, § 2.
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 o f each o f 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 o f said corporations.
Sect. 4. Either o f the commissioners may summon all trus- atl“ ae^a"“ “ on
tees, officers or agents o f any such corporation, and such other p®calrty’ forVV
witnesses as he thinks proper, in relation to the affairs, transac- ^Xms^or7
tions and condition of the corporation, and for that purpose may “¿‘^j^ôner.
administer oaths; and whoever refuses, without justifiable isee. ^ 2, § 3.
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.
Sect. 5.
Upon the certificate under oath o f any five or more Bhaii examine
„
.
bank on request
officers, trustees, creditors or depositors of any such corpora- 0f five officers
tion, setting forth their interest and the reasons for making such
et°‘
examination, directed to the commissioners and requesting them 18‘6,231’
to examine such corporation, they shall forthwith make a full
investigation o f its affairs in the manner before provided.
Sect. 6. The commissioners, if upon such examination any proceedings
such corporation appears to be insolvent, or its condition such insolvent, or in
as to render its further proceeding hazardous to the public or to condition.
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Federal Reserve Bank of St. Louis
/
xvi
1866, 192, § 5.
1876, 231, § 3.
Schedule o f
effects to be
made, sworn to,
and delivered to
receivers.
Officers may be
examined under
oath.
1878, 253, § 5.
Commissioners
to examine the
accounts, etc.,
o f receivers.
1878, 253, §§ 1,
2, 3.
to report vio
lations of law.
1866, 192, § 7.
1876, 231, § 3.
1878, 253, § 6.
to report vio
lations of law
by receivers.
1878, 253, § 4.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
those having funds in its custody, shall apply, or, if such cor
poration appears to have 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, maj'dissolve or modify it
or make it perpetual, and may make such orders and decrees
according to the course of proceedings in equit}^ to restrain or
prohibit the further prosecution of the business o f the corpora
tion as may be needful in the premises ; and may appoint one or
more receivers to take possession o f its property and effects,
subject to such directions as maj^ from time to time be prescribed
by the court or a justice thereof.
S e c t . 7.
When receivers are so appointed, the treasurer o f
the corporation shall make a schedule o f all its property ; and
its treasurer, board o f investment, and other officers transferring
its property to the receivers shall make oath that said schedule
sets forth all the property which the corporation owns or is
entitled to. The treasurer shall deliver said schedule to the
receivers and a copy thereof to the commissioners, who may at
any time examine under oath such treasurer, board o f 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 o f them, shall at least
once in every year, and as much oftener as they deem expe
dient, examine the accounts and doings o f all such receivers;
and shall carefully examine and report upon all accounts and
reports o f receivers made to the supreme judicial court and
referred to the commissioners by the court; and, for the purposes
o f this section, shall have free access to the books and papers
relating to the transactions o f such receivers, and may examine
them under oath relative to such transactions.
S e c t . 9.
The commissioners, if in their opinion any such
corporation or its officers or trustees have violated any law in
relation to savings banks, or institutions for savings, shall forth
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 o f the Commonwealth.
SecT. 10. The commissioners, whenever in their opinion
any such receiver has violated his duty, shall present the facts
to the supreme judicial court.
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Federal Reserve Bank of St. Louis
P U B L IC
1885.1
SA Y IN G S
BANKS
XVlï
D O C U M E N T — N o. 8.
AND
INSTITUTIO N S
FO R
S A Y IN G S .
Sect. 11. All savings banks or institutions for savings, f o uu t l o n s
incorporated under the authority o f this Commonwealth, may j^ ^ 'and
exercise the powers, and shall be governed by the rules, and
x
subject to the duties, liabilities, and provisions contained in the
following sections, so far as the same are consistent with the
provisions of their respective charters ; and any such corpora
tion may, by vote at its annual meeting or at a meeting called
for the purpose, except any provision o f said sections which is
inconsistent with its charter.
S ect . 12. The general court may make other or further
regulations for the government o f such corporations, or may
take away their corporate powers ; and every such corporation
and its officers shall be subject to examination by any committee ionisa ^ *
o f the general court appointed for the purpose, who may ex
amine into the doings o f the corporation, and shall have free
access to its books and vaults. An officer o f such corporation,
or other person having charge o f 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.
O FFICERS A N D
M E E TIN G S.
S ect . 13.
The officers o f every such corporation shall con- oei&ers of such
,
,
.
corporations.
sist of a president, one or more vice-presidents, a board ot not 1876, 203, §§2,3.
less than nine trustees, a treasurer, clerk, and such other officers
as it may find necessary for the management o f its affairs
The president, vice-president 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.
Sect. 14. The treasurer shall give bond for the faithful dis- Treasurer’s
.
.
,
, ,,
charge of his duties to the satisfaction of the trustees, and they
,
,
. ,
,
.
T
i n
bond, and duty
0 f trustees and
board eoncerninKsame.
sliall file a copy of the bond with the commissioners, and snail
notify them o f any change thereafter made therein, lh e com- isso, i 62.
missioners shall keep a record showing when said bonds expire
and the changes so notified, and, whenever in their judgment it
is necessary for the security o f the depositors, shall require a
new bond, in such amount and with such sureties as they may
approve.
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Federal Reserve Bank of St. Louis
B A N K C O M M IS S IO N E R S ’ R E P O R T .
XV111
Choice and ap
pointment of
officers.
Vacancies. Not
taking oath, to
vacate ( ffice.
Clerk to notify
persons elected,
and publish list.
Penalty.
1876, 203, § 4.
Special meet
ings, how called
and notified.
1876, 203, § 5.
This act of 1876
was amended by
substituting the
word and for or
in sixth line.
See chap. 150,
Acts of 1884.
[Jan.
S ect. 15. The officers o f every such corporation, except the
treasurer, shall be chosen at its annual meetings, to be holden
at such time as the by-laws direct, anything in its charter to
the contrary notwithstanding. The treasurer shall be appointed
by the trustees, and shall hold his office during their pleasure.
I f an office becomes vacant during the year, the trustees ma}T
appoint a person to fill the same until it is filled at the next
annual meeting; and if a person chosen or appointed does not
within thirty days thereafter take the oath, his office shall there
upon 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 o f 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 o f fifty dollars.
S ect . 16. Every such corporation may at any time hold
special meetings by order o f its trustees ; and its treasurer shall
also notify special meetings upon the requisition in writing o f
any ten members of the corporation. Notice o f all meetings
shall be given by public advertisement in some newspaper o f
the county where the corporation is established, and by season
ably mailing to each member a written or printed notice of such
i
Every such corporation may, at a legal meeting,
elect by ballot any citizen o f this Commonwealth to be a member
thereof; and any person may, at an annual meeting, cease to
be a member, if he has filed with the treasurer a written notice
of his intention so to do three months at least before such
meeting. No person shall continue to be a member after remov
ing from the Commonwealth.
Regular meetS ect . 18. A regular meeting o f the board of trustees of
togbeh eM once every such corporation shall be held as often as once in three
Quorum?1s"atei months, for the purpose o f receiving the report o f its treasurer,
Uoen offba°nkdi’
and for the transaction o f other business. A quorum shall conSeeu4[fandch sist o f not less than seven trustees, but less than a quorum may
teaeTp8reLntUS'
adjourn from time to time or until the next regular meeting,
how vacated166’ A t each regular meeting the trustees shall cause to be prepared
au^proeëëdiugs a statement showing the condition of the corporation as it
1876, 203, § 7.
appears upon its books, in the form o f a trial balance of its
Members of the
corporation.
1876, 203, § 6.
meeting.
S ect . 17.
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accounts, and such statement shall be posted in a conspicuous
place in its banking-room, and there remain until the next regu
lar meeting o f said board.
A record shall be made at each
meeting o f the transactions o f the trustees and the names of
those present. If a trustee fails to attend the regular meetings
o f the board, or to perform any o f the duties devolved upon
him as such trustee, for six consecutive months, his office shall
thereupon become vacant. A record o f such vacancy shall be
entered upon the books o f the corporation, and a transcript of
such record shall be sent by mail to the person whose office is
thus made vacant.
The trustees o f every savings bank and institution for sav
ings, incorporated under the authority o f this Commonwealth,
shall cause to be published semi-annually in some newspaper
published in the county in which said corporation is located
the names o f the members o f the board o f 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 o f six months therefrom.
A savings bank or institution for savings incorporated under
the provisions o f chapter one hundred and sixteen of the Public
Statutes shall carry on its usual business at its banking house
only, and no deposit shall be received, nor payment on account
o f deposits be made by such corporation or by any person on
its account in any other place than at its banking house ; and
such banking house shall be kept in the city or town in which
such corporation is established.
D E P O S IT S,
LO A N S
AND
1884.
253.
Chap.
IN V ESTM E N T S.
S ect. 19. Every such corporation may receive deposit
from any person until they amount to one thousand dollars;
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
by religious or charitable corporations.
S ect. 20. Deposits and the income derived therefrom shall
be invested only as follows : —
First, On first mortgages o f real estate, situated in this Com
monwealth, to an amount not to exceed sixty per cent, of the
valuation o f such real estate: but not exceeding seventy per
cent, o f the whole amount of deposits shall be so invested ; and
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Federal Reserve Bank of St. Louis
Names of in
vesting officers
to be published
in newspaper1882, 50, § 1.
Limit to amount
of deposits from
any person, and
interest.
1876, 203, § 8.
Deposits, etc.,
how invested.
1876, 203, § 9.
First mortgage»
of real estate.
1876, 203, § 9.
Cl. 1.
XX
B A N K C O M M IS S IO N E R S ' R E P O R T .
[Jan.
no loan on mortgage shall be made except upon the report o f
not less than two members o f the board of investment, who
shall certify to the value o f the premises to be mortgaged,
according to their best judgment, and such report shall be filed
and preserved with the records o f the corporation.
Public funds,
Second, In the public funds o f the United States, or any of
1872, 203, § 9,
cl. 3.
the New England states, or o f the state o f New York, in the
1880, 177, § 1,
1881, 214, § 2.
bonds or notes o f any city, county, or town o f this Common
wealth, or o f any city o f the states o f Maine, New Hampshire,
Vermont, Rhode Island, or Connecticut, whose net indebted
ness does not exceed five per cent, of the last preceding valua
tion o f the property therein, for the assessment o f taxes ; or of
any county or town thereof whose net indebtedness does not
exceed three per cent, o f such valuation ; or in the notes o f any
citizen of this Commonwealth, wfith a pledge o f any o f the afore
said securities at no more than the par value thereof.
May make cer
In addition to the investments authorized by section twenty
tain additional
investments.
of chapter one hundred and sixteen o f the Public Statutes, sav
1882, chap. 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 o f Pennsylvania, Ohio, Michigan, Indiana,
Illinois, Wisconsin and Iowa, and o f the District o f Columbia,
and in the legally authorized bonds, for municipal purposes, o f
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 o f property
therein, for the assessment of taxes; and in the note or notes
o f 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,
o f the market value o f the securities pledged.
The term “ net indebtedness,” used o f city, town or district
1883, chap. 127.
in any statute limiting or regulating the investment of sinking,
trust and other funds o f the Commonwealth, the deposits in sav
ings banks and trust companies or other like funds shall be con
strued to denote the indebtedness of such city, town or district
omitting debt created for supplying the inhabitants with wmter
and deducting the amount o f sinking funds available for the
payment of such indebtedness.
Third, In the first mortgage bonds o f any railroad company
Railroad bonds.
1881, 214, §§ 1,4.
incorporated under the authority o f any o f the New England
states and whose road is located wholly or in part in the same,
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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, o f any railroad com
pany so incorporated whose road is thus located; or in the
bonds or notes o f 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
o f any citizen o f this Commonwealth, with a pledge as collateral
o f any o f 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
o f this section.
Savings banks and institutions for savings may invest in
bonds or notes o f the Old Colony Railroad Company issued
according to law, notwithstanding the mortgages on that part of
its railroad formerly belonging to the Boston, Clinton, Fitch
burg and New Bedford Railroad Company.
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 o f any
citizen o f this Commonwealth, with a pledge as collateral o f any
o f the aforesaid securities at no more than eighty per cent, o f
the market value and not exceeding the par value thereof: pro
vided., that such corporation shall not hold, both by way o f 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, o f its deposits, nor more than one hun
dred thousand dollars, in the capital stock o f any one such bank
or association. Savings banks may deposit sums not to exceed
twenty per cent, of the amount of their deposits, on call, in such
banks or banking associations, or in any trust company incor
porated under the laws o f 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.
No savings bank or institution for savings shall hereafter
invest or hold 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 o f section twenty o f
chapter one hundred and sixteen of the Public Statutes. Any
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Federal Reserve Bank of St. Louis
xxi
1883, chap. 134.
Bank stocks,
and deposits in
banks, etc.,
1876, 203, § 9,
cl. 4.
1881, 214, § 3.
Investments in
the stock of
hanks limited.
1882, chap. 224.
XXII
1883, chap. 202.
Loans to deposi
tors. Sir
18T9, 57, § 1.
Personal
securities.
1876, 203, § 9.
cl. 5.
Chap. 168, acts
o f 1884.
Corporation
building and
site.
1876, 203, § 9,
cl. 6.
Real estate
acquired by
foreclosure, etc.
1876, 203J 26.
See c. 13, § 20.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
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 da}To f July in the year eighteen hundred and eighty three.
No savings bank or institution for savings shall hereafter in
vest, or hold as collateral security, more than thirty-five per
cent, o f its deposits in the stock o f banks and banking associa
tions, such as are described in clause four, section twenty, o f
chapter one hundred and sixteen o f the Public Statutes. Any
such savings bank or institution for savings which now has more
than thirty-five per cent, o f its deposits invested as aforesaid,
shall reduce its investments therein to said limit on or before
the first day o f July in the year eighteen hundred and eighty-five.
Fifth, In loans upon the personal notes o f the depositors o f
the corporation, but not exceeding one-half of the amount o f his
deposit to a depositor; and in each such case the deposit and
the book o f the depositor shall be held by the corporation as
collateral securit}^ for the payment o f such loan.
Sixth, If such deposits and income cannot be conveniently in
vested in the modes hereinbefore prescribed, not exceeding onethird 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
o f this Commonwealth and resident therein.
Clause six o f section twenty of chapter one hundred and six
teen of the Public Statutes, relating to investments by savings
banks and institutions for savings in bonds and other personal
securities, is hereby amended by adding thereto the following
words : “ provided, that the total liabilities to any such corpora
tion, o f any person, or o f any partnership, company or corpora
tion for money borrowed upon personal security, including in
the liabilities o f a partnership or company not incorporated the
liabilities of the several members thereof, shall at no time ex
ceed five per cent, of such deposits and income.”
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 o f a suitable site and the erection or
preparation of a suitable building for the convenient transaction
o f its business.
Eighth, Any such corporation may hold real estate acquired
b}Tthe foreclosure of any mortgage owned by it, or by purchase
at sales made under the provisions o f any such mortgage or
upon judgments for debts due it, or in settlements effected to
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xxiii
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.
Any savings bank or institution for savings incorporated 1883>chaP-52under the authority of this Commonwealth may sell any real
estate now held by it, which has been acquired by the fore
closure o f any mortgage owned by it, or by purchase at sales
made under the provisions o f any such mortgage, or upon judg
ments for debts due it or in settlements effected to secure such
debts, at any time before the first day o f July in the year
eighteen hundred and eighty-four: provided, however, that the
commissioners o f savings banks, may upon the petition o f the
trustees of any savings bank, and for good cause shown, grant
an additional time not exceeding two years within which such
real estate shall be sold ; notwithstanding any limit provided
by the eighth clause of section twenty of chapter one hundred
and sixteen o f the Public Statutes, and section one of chapter
two hundred of the acts of eighteen hundred and eighty-two.
The exemption from taxation granted to savings banks and 1883, chap. 248.
institutions for savings by section twenty of chapter thirteen of
the Public Statutes on account of real estate acquired by the
completion of foreclosure, or by purchase under the provisions
o f the eighth clause o f section twenty o f chapter one hundred
and sixteen o f the Public Statutes, is hereby extended and
shall be allowed for the term during which such real estate shall
be held under the provisions of chapter fifty-two o f the acts of
the present year, or o f any general law ; and the tax for the
present year shall be assessed and collected in accordance with
the provisions of this act.
Ninth, The provisions of this chapter shall not be construed Pledges of
securities as
to invalidate or in any manner impair the title o f any corpora collateral to re
main valid.
tion to an}7 securities which have been or may be held by it in 1876, 203, § 30.
1878, 94, § 1.
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 o f its investments made before the first day of
October in the year eighteen hundred and seventy-six.
Sect. 21. No member o f a committee or board o f invest No officer, etc.,
to borrow the
ment, or officer of such corporation charged with the duty o f funds of the
corporation, or
investing its funds, shall borrow or use an}7 portion thereof, be become surety.
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 o f real estate
upon which a mortgage is held by the corporation, his office
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Federal Reserve Bank of St. Louis
xxiv
Savings banks,
etc., not to
receive broker
age, etc., on
account of a
loan.
Penalties.
1876, 203, § 11.
Applications 1
for loans to be ¡3
in writing, and
record kept.
1876, 203, § 12.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
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 o f the persons holding
the offices of president, clerk, and treasurer shall at the same
time be a member o f the investing committee.
S ect. 22. No such corporation, nor any person acting in its
behalf, shall negotiate, take, or receive a fee, brokerage, com
mission, gift, or other consideration for on no account o f a loan
made b }7 or on behalf o f such corporation, other than appears
on the face o f 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
preparation of conveyances to such corporation as security for
its loans. Whoever violates a provision of this section shall
be punished by fine o f not less than one hundred, nor more
than one thousand dollars. All sums paid for services, fees, or
otherwise to a member o f the board o f trustees shall be reported
in detail at each regular meeting of the trustees.
S ect . 23. All applications for loans shall be made in writ
ing, through the treasurer o f the corporation, who shall keep a
record thereof, showing the date, name o f applicant, amount
asked for, and the security offered, and he shall cause the same
to be presented to the board o f investment.
D IV ID E N D S
Guaranty fund
to be created
and maintained.
1876, 203, § 13.
Net profit to be
divided among
depositors, and
in what manner.
1876, 203, § 14.
[Jan.
S ect . 24.
AND
P A Y M E N T S.
Every such corporation shall, at the time o f
making each semi-annual dividend, reserve as a guaranty fund,
from the net profits which have accumulated during the six
months then next preceding, not less than one-eighth nor more
than one-fourth o f one per cent, of the whole amount o f depos
its, until such fund amounts to five per cent, of the whole
amount o f deposits, which fund shall be thereafter maintained
and held to meet losses in its business from depreciation of its
securities, or otherwise.
S ect . 25. The income or profit of every such corporation,
after a deduction of all reasonable expenses incurred in the
management thereof and the guaranty fund, shall be divided
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
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except as above provided, nor upon a deposit o f 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 tliree dollars, or on the fractional part o f a
dollar.
Dividend not to
S ect . 26. If, at the time provided by the by-laws for mak be
paid unless
profits are
ing ordinary dividends, the net profits for the six months pre net
one and oneper cent.,
ceding, over and above the sum to be added to the guaranty half
except, etc.
203, § 15.
fund, do not amount to one and one-lialf per cent, of the depos 1876,
1880, chap. 150.
its, no dividend of the profits shall be declared or paid, except
such as shall be approved in writing by the commissioners.
S ect . 27. Once in every term o f three years, if the net Extra dividends
may be paid
profits accumulated over and above said guaranty fund and once in every
three years,
dividends amount to one per cent, of the deposits which have when, etc.,
1876, 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 o f dividends which
have been declared on their deposits during the three years
then next preceding.
S ect . 28. No dividend shall be declared until the trustees No dividend to
be declared or
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.
S ect . 29. The principal deposits in such corporations may Deposits, how
withdrawn.
be withdrawn at such time and in such manner as the by-laws Payments to
minors.
direct, but the deposits so withdrawn shall be deducted in each 1876, 203, § 18.
127 Mass. 183.
case from the amounts last deposited. Money deposited in the
name o f a minor may, at the discretion of the trustees or com
mittee o f investment, be paid to such minor or to the person
making such deposit; and the same shall be a valid payment.
S ect . 30. A
person indebted to any such corporation, Depositor may
set off the
whether his indebtedness is secured or not, may, in any pro amount of his
deposits in pro
ceeding for the collection thereof or for the enforcement of ceedings by the
corporation.
any security therefor, set off the amount o f a deposit held 1878, 261, § 1.
and owned by him at the time o f the commencement o f such
proceeding, and of the interest due thereon, except a deposit
purchased or acquired from another after the commencement o f
proceedings in equity to restrain the corporation from doing its
actual business.
S ect . 31.
In actions against any such corporation for W hen deposits
are claimed by
money on deposit therewith, if it appears that the same fund a person other
than plaintiff,
is claimed by another party than the plaintiff, whether by the claimants may
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B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
husband or wife o f such plaintiff, or otherwise, the court in
which such action is pending, on the petition o f the corpora
tion and on such notice as the court considers proper to the
1876, 203, § 19.
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 o f 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 o f the court,
or may be paid into court to await final judgment; and, when
so paid into court, the corporation shall be stricken out as a
party to the action, and its liability for such deposit shall cease.
The taxable costs o f the corporation in such actions shall be
in the discretion o f the court, and may be charged upon the
fund.
W hen a deposit
S ect. 32. When a deposit is made in such corporation by
is made in trust,
name, etc., of
any one in trust for another, the name and residence of the per
person for
whom made, to son for whom it is made shall be disclosed, and it shall be cred
be disclosed;
to whom pay
ited to the depositor as trustee for such person ; and if no other
able in case of
death.
notice o f the existence and terms o f a trust has been given in
187, 203, § 20.
writing to the corporation, in the event o f 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
S ect. 33. The treasurer o f every such corporation, upon
notified when
amount entitled making up each semi-annual dividend, shall send written notice
to dividend is
exceeded.
by mail to each depositor, who for six months then next pre
1876, 203, § 21.
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
S ect. 34. Every such corporation shall once in five years
due depositors
not entitled to
publish,
in some newspaper o f the county where it is established,
dividend to be
published once a list of the amounts standing to the credit o f depositors who
in five years.
1876, 203, § 22.
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 o f the persons to whose
credit such amounts stand, which publication shall be continued
in three successive papers.
be made defend
ants, etc.
Deposits may
remain or be
paid into court,
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X X V ll
P U B L IC D O C U M E N T — No. 8.
1 8 8 5 .]
SP E C IA L TRUST F U N D S .
S ect. 35.
A ny such corporation may receive on deposit to for parkstrust
any amount funds in trust for the purpose of setting out shade- ^ ^ ¿ 8,;nd
trees in streets and parks, and improving the same; for purc h a s in g
°
land for parks, and improving the same; for maintain1
1
.
.
.
ing cemeteries or cemetery lots, and for erecting and maintain.
,
drinkingfounnot to be withdrawn, and to
be exempt from
attachment.
ing drinking fountains m public places, or for any or all ot said 1875,174, § l.
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
as may be designated by the donors of said funds or the will of
the person bequeathing the same, and shall be expended by
such authorities within their respective cities, towns or ceme
teries for any or all of said purposes, as may be specified by
such donors or such will.
No part o f the principal o f such
funds shall be withdrawn or expended, and the same shall be
exempt from attachment or levy on execution.
S e c t . 36.
A judge o f the probate court, after due notice
and a hearing,
if in his Jjudgment
it is expedient
so to do, may
0 ’
o
r
authorize
an
executor, administrator or trustee holding money
or other personal property for any of the purposes mentioned
Probate courts
executors, etc.,
to deposit funds
in trust for such
purposes.
m 7, chap. 192.
in the preceding section, to deposit such monei's 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, admin
istrator or trustee shall be discharged from further care and
responsibility therefor.
S ect. 37.
The funds held in accordance with the two pre-
statement o f the
amount thereof
ceding sections shall be known as the “ Shade-Tree and Ceme- to be made
°
.
.
every third
tery Fund,” and the treasurer o f the corporation in which they year, etc.
„ ._
i t
x» 1875, 174, § 2.
are deposited shall give a certificate o f gift to each donor of
such funds, and shall send by mail or deliver in the month of
January in ever}’ third year after the first deposit to the mayor
o f any cit}’ , or the chairman o f the selectmen of any town within
the limits o f which the interest and dividends o f any such fund
are to be expended, a written statement, signed by such treas
urer, of the amount of funds on deposit for the purposes afore
said, which statement shall be recorded in the office o f the clerk
o f such city or town.
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Federal Reserve Bank of St. Louis
B A N K C O M M IS S IO N E R S ’ R E P O R T .
xxviii
I f the corporation ceases to do
business, these
funds to be de
posited in
another.
1875, 174, § 3.
S ect . 38.
[Jan.
I f a corporation holding such funds surrenders its
charter or ceases to do business the supreme judicial court may
order said funds to be transferred and deposited in some other
such corporation upon the same trusts as aforesaid ; and if the
laws authorizing such corporations are repealed the court may
order said funds to be transferred and deposited in such bank
ing institutions as it may deem proper, to be held upon the
trusts aforesaid.
BOOKS
Board may pre
scribe manner of
keeping and auditingbooks,etc.
1880, 228, § 1.
Treasurer to
make annual re
port to board.
Particulars to be
stated in same.
1876, 203, § 23.
1877, chap. 159.
AND
R ET U R N S.
S ect. 39. The commissioners may prescribe the manner and
form o f keeping and auditing the books and accounts of any
such corporation.
S ect. 40.
The treasurer o f every such corporation shall
annually within fifteen days after the last business day o f Octo
ber make a report to the commissioners, showing accurately the
condition thereof at the close of business on said day. The
report shall be in such form as the commissioners shall pre
scribe, and shall specify the following particulars: namety,
Name of corporation, and number o f 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 real estate, and amount invested
therein; loans on mortgage of real estate; loans to counties,
cities, or towns ; loans on personal security ; cash on deposit in
banks, with the names of such banks, and the amount deposited
in each ; cash on hand ; the whole amount of interest or profits
received or earned, and the rate and amount o f each semi-annual
dividend for the previous year ; the times for dividends fixed by
the by-laws; the average annual per cent, o f dividends for the
term ending at the time of and including the last extra divi
dend ; the rates o f interest received on loans ; the total amount
o f loans bearing each specified rate of interest; the number o f
outstanding loans which are o f an amount not exceeding three
thousand dollars each, and the aggregate amount o f the same ;
the number of open accounts ; also the number and amount o f
deposits received ; the number of deposits received o f three
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Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — No. 8.
hundred dollars or more at one time ; the number and amount
■of withdrawals ; the number of accounts opened, and the num
ber o f accounts closed, severally, for the previous year ; and the
annual expenses o f the corporation ; all of which shall be certi
fied and sworn to by the treasurer. And five or more o f the
trustees shall certify and make oath that the report is correct
according to their best knowledge and belief.
S e c t . 41.
Such annual reports shall also, when so required
by the commissioners, state the number and amount o f open
accounts o f fifty dollars and less, of those exceeding fifty dol
lars and not more than one hundred dollars, o f those exceeding
one hundred dollars and not more than two hundred dollars, of
those exceeding two hundred dollars, and not more than five
hundred dollars, o f those one thousand dollars or more ; and
o f those to the credit o f women, both adult and minor, guar
dians, religious and charitable associations, and in trust, respec
tively.
S e c t . 42.
The commissioners shall furnish blank forms o f
reports to every such corporation, and shall prepare annually
from such reports, and communicate to the general court on or
before the first Wednesday in January, a statement o f the con
dition o f each corporation from which a report has been received
for the preceding year, and shall include therein a statement o f
the affairs of such corporations in the hands o f receivers, and
shall make such suggestions as they may deem expedient rela
tive to the general conduct and condition of each o f the corpora
tions visited by them.
S e c t . 43.
The treasurer o f every such corporation shall,
upon a written request signed by an overseer o f the poor o f a
city or town, inform him o f the amount, if any, deposited in the
corporation to the credit of any person named in such request,
who is a charge upon the Commonwealth or upon a city or town
therein as a pauper ; and a treasurer who unreasonably refuses
to give such information, or wilfully renders false information,
shall forfeit fifty dollars for every such offence, to the use of
the cit}Tor town upon which such pauper is a charge, or to the
Commonwealth if the pauper is a charge upon the Common
wealth.
Receivers o f insolvent savings banks and institutions for sav
ings shall, at the end o f one 3’ear after final settlement ordered
by the court, deposit with the commissioners o f savings banks
all books and papers o f such insolvent savings banks and insti
tutions for savings, including those relating to their receiver-
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Federal Reserve Bank of St. Louis
X X IX
Additional
statements may
be required by
the board.
1880, 228, § 2.
Blank forms of
reports to be
furnished.
Commissioners
to report to the
general court.
1866, 192, § 3.
1876, 203, § 24.
1878, 253, § 2.
Treasurer to
inform over
seers of poor
of deposits to
the credit of a
pauper.
1876, 203, § 25.
Receivers to
deposit books
and papers with
commissioners
at end of year
after settlement,
ordered by
court.
1882, 77, § 1.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
XXX
Chap. 72, 1884.
Sect. 44 repealed
by Acts of 1883,
chap. 258, and
the following
substituted.
[Jan.
ship. And said commissioners shall receive and hold the same
in some proper repository in the state house or Commonwealth
building.
At the expiration o f one year after final settlement ordered
by the court, receivers of insolvent insurance companies and
receivers of insolvent savings banks and institutions for sav
ings shall report to the court the names and residences, when
known, o f the persons or parties entitled to any moneys or
dividends from the estate o f such corporations remaining in
their hands uncalled for, with the amount due to each. The
court shall thereupon order such notice to be given by the
receivers as justice may require, and upon the expiration of
one year from the time o f giving such notice the receivers
shall in like manner report the amounts still uncalled for. Un
less cause shall appear for decreeing otherwise, such amounts
shall then be ordered to be paid into the treasury o f the Com
monwealth and schedules signed by the receivers shall at the
same time be deposited with the treasurer and auditor of the
Commonwealth setting forth the decree o f the court and the
names and residences, so far as known, o f the persons or parties
entitled thereto arranged in alphabetical order and the amount
due to each. The auditor shall forthwith cause notice of such
deposit to be mailed to such parties.
The deposit o f books and papers required from receivers o f
insolvent corporations under the provisions of section one o f
chapter seventy-seven o f the acts of the year eighteen hundred
and eighty-two shall be made at the time when the pa}7ment
into the treasury o f the Commonwealth o f such unclaimed monej’ s
or dividends is required by law to be made and not before.
Section one hundred seventy-three o f chapter one hundred
nineteen, and section forty-four o f chapter one hundred sixteen
of the Public Statutes are hereby repealed, but receivers o f any
insolvent sayings bank or institution for savings in whose case
final decree of distribution has been made at the passage o f thisact shall make payments into the treasury o f the Commonwealth
as required by the provisions o f section forty-four o f chapter
one hundred sixteen o f the Public Statutes notwithstanding,,
and persons or parties entitled to receive an}r portion o f suchi
sums or of the sums already paid into the treasury under the
provisions of said section, or the acts o f which they are a con
tinuation may within two years from the passage of this act andi
persons or parties entitled to receive any portion o f the sums
paid into the treasury under the provisions o f the first section o f
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Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
this act may within two years from the time o f such deposit
and notice given make claim to the auditor o f the Common
wealth therefor. Upon establishing the validity o f their claim,
certification, warrant and payment shall follow as in case o f
other valid claims against the Commonwealth.
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Federal Reserve Bank of St. Louis
XXXI
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Federal Reserve Bank of St. Louis
V*M:
;
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'V-,; i;
■
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VSÌ1®
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ABSTRACT OF ANNUAL REPORTS
OF THE
SAYINGS BANKS, TRUST COMPANIES, AND
CO-OPERATIVE BANKS.
S H O W IN G T H E IR
4
CONDITION AT THE CLOSE OF BUSINESS ON THE
31sx OF OCTOBER, 1884.
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Federal Reserve Bank of St. Louis
2
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan .
ABINGTON SAYINGS BANK — ABINGTON.
Incorporated 1853.
Number of corporators, 49.
Z. N. W h i t m a r s h , President.
G e o . A. B e a l , Treasurer.
State m e n t.
A ssets.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
$1,181,634 42
21,456 44
23,800 00
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.........................................
Deposit in banks, on interest, .
Expense account, . .
Suspense account,
Taxes and insurance,
Furniture and fixtures, .
Store fixtures, .
.
.
.
Cash on hand, .
.
.
.
$89,012
143,450
1,000
45,661
60,218
5,000
740,782
77,945
50
00
00
08
05
00
72
26
15,150
41,168
854
303
207
2,478
3,231
427
00
73
16
47
29
08
89
63
$1,226,890 86
$1,226,890 86
Loans on Bank Stock : —
.
O
o
00
Invested in real estate (for banking purposes),
Estimated value of the same........................................................
Amount of real estate held by foi’eclosure, .
.
.
.
Assessed value of the s a m e , .....................................................
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate....................................
$60,218
60,218
5,000
5,200
326
521
05
05
00
00
67
89
On 10 shares Abington National Bank, .
.
.
.
Cash on Deposit in Bank : —
Abington National Bank, Abington,
.
.
$41,168 73
$37,442 55
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 2% per cent., f 24,938 49
2\ per cent., 1 25,562 70
y e a r , ...............................................................................
Times for the dividends, fixed by the by-laws : First Tuesday in April and
October.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 7£. (Last extra dividend, 1873.)
The total amount of loans, with each specified rate of interest: $30,000, 4
per cent ; $129,834.26, 5 per cent.; $24,000,
per cent.; $25,000, 5J
per cent ; $626,043-72, 6 per cent..
Number of outstanding loans which arc of an amount not exceeding
$3,000 each....................................................................................................491
Aggregate amount of the s a m e , .......................................................................
463,376 00
Number of open a c c o u n t s , ..............................................................3,058
Number and amount of deposits (including dividends), received for previ
ous y e a r , ........................................................................................
1,669,
222,877 20
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Federal Reserve Bank of St. Louis
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8
3
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year,
...................................................................... 155
Number and amount of w ith draw als,............................................
1,655
Number of accounts opened the previous year,
.
.
.
.
406
Number of accounts closed the previous year,
.
.
.
.
321
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: Oct. 15.
P u b l ic
Bank
Abington Nat’l Bank, Abington,
Boston Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Central Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
First Nat’l Bank, Adams,
First Nat’l Bank, Danvers,
Globe Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston, .
Hide and Leather Nat’l B’k, Boston,
Mount Yernon Nat’l Bank, Boston,.
Merchants’ Nat’l Bank, Boston,
Metropolitan Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
Old Colony Nat’l Bank, Plymouth, .
Nat’l Bank of the Republic, Boston,
Nat’l Bank of Redemption, 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,
Nat’l Webster Bank, Boston, .
Nat’l Eagle Bank, Boston,
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Federal Reserve Bank of St. Louis
4,08520
20,000 00
F unds.
Par Value.
City of Boston 4s, .
of Fall River 6s,
of Holyoke 7s, .
Town of Abington 4Js, .
City of Meriden, Conn., 7s,
of Portland, Me., 6s,
. of Bangor, Me., 6s, .
$87,338 59
169,858 01
Estimated
Market Value.
$15,000
25,000
5,000
6,000
20,000
7,000
10,000
$15,150
30,270
5,750
6,150
22,200
8,400
11,000
00
00
00
00
00
00
00
$88,000
$98,920 00
Amount Invested.
$15,000
27,407
5,000
6,000
20,000
7,000
8,605
00
50
00
00
00
00
00
■ $89,012 50
Sto c k .
$15,500
7,400
7,500
1,200
2,500
5,900
1,500
4,000
2,850
5,000
15,000
5,000
6,800
3,800
10,000
6,000
2,200
3,200
4,500
11,000
5,000
1,000
3,200
4,800
2,000
4,700
1,900
$19,375
8,343
7,925
720
2,593
7,242
1,582
5,600
3,135
4,937
17,025
6,000
7,905
4,769
13,300
6,705
2,640
4,800
5,760
12,127
7,450
950
3,752
4,464
1,700
4,747
2,009
00
50
00
00
75
25
50
00
00
50
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
25
$143,450 $167,558 25
$15,500
7,400
7,500
1,200
2,500
5,900
1,500
4,000
2,850
5,000
15,000
5,000
6,800
3,800
10,000
6,000
2,200
3,200
4,500
11,000
5,000
1,000
3,200
4,800
2,000
4,700
1,900
00
Ò0
00
00
00
00
00
00
00
00
00
00
00'
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$143,450 00
4
BANK COMMISSIONERS’ REPORT.
R a il r o a d
Bonds.
Tar Value.
Eastern Railroad 6s,
.
Old Colony Railroad 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
*
[Jan.
Estimated
Market Value.
Amount Invested.
$50,000
5,000
$56,000 00
6,206 25
$40,261 08
5,400 00
$55,000
$62,206 25
$45,661 08
PUBLIC DOCUMENT — No. 8
1 8 8 5 .]
5
AMHERST SAYINGS BANK — AMHERST.
Incorporated 1864.
Number of corporators, 13.
E nos F . Cook, President.
S a m u e l C. C a r t e r , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$825,245 26
29,370 24
19,797 69
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security, .
Loans to counties, cities or
t o w n s ,...................................
Loans on bank books,
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$874,413 19
$78,150 00
500 00
135,708 01
1 ,1 0 0 0 0
82,675
15.000
423,558
58,647
00
00
77
77
30,700 00
600 00
45.000 00
2,773 64
$874,413 19
Loans on Public Funds: —
On $500 U. S. B o n d , ........................................................................................ $500 00
Loans on bank stock, amount on each: —
On 15 shares First National Bank, A m h e r s t , ............................................ $800 00
On 3 shares Northampton National Bank, Northampton, .
.
.
.
300
Invested in real estate (for banking p u r p o s e s ) ,............................................
15,000
Estimated value of the sa m e,...............................................................................
15,000
Amount of municipal tax on real e s t a t e , .....................................................
143
00
00
00
33
Cash on Deposit in Banks, amount in each: —
First National Bank, Northampton......................................................................
$ 20,000 00
Holyoke National Bank, H o l y o k e , ..............................................................
25,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
40,188 45
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
15,577 92
y e a r , ............................................................................... ) 2$ per cent., i
17,52 L 07
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, 5J.
The total amount of loans, with each specified rate of interest: $3,000 at
4| percent.; $311,708.56 at 5 percent.; $50,800 at 5^ per cent.; $152,779.50 at 6 per cent.; $11,818.27 at 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$ 3 ,0 0 0 ,.......................................................................................................... 307
Aggregate amount of the s a m e , .......................................................................
250,309 73
Number of open a c c o u n t s ,.......................................................................2,738
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..................................................................................................1 ,6 8 8
165,679 74
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year...........................................................................
109
62,228 10
Number and amount of w ith d raw als,..................................................... 1,415
131,452 72
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Federal Reserve Bank of St. Louis
6
BANK COMMISSIONERS’ REPORT
[Jan.
Number of accounts opened the previous year.................................
253
Number of accounts closed the previous year..................................
281
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................... ............................................
Date of examination by commissioner: May 21.
P u b l ic
F unds.
Par Value.
City of Bangor, Me., 6s, .
of Bath, Me., 6s,
of Fall River, Mass., 6s, .
of Pawtucket, R. I., 5s, .
Town of Rutland, Vt., 4s,
of Clinton, Mass., 4s,
Bank
Estimated
Market Value.
00
00
00
00
00
00
Amount Invested.
$20,000
5,000
8,000
3,000
20,000
20,000
$22,400
5,150
9,480
3,300
20,125
20,650
$76,000
$81,105 00
$78,150 00
$11,750
17,673
13,300
11,303
23,275
5,625
10,500
13,100
12,800
2,599
1,167
6,250
1,820
10,400
4,800
1,200
3,000
2,960
$10,724
17,176
10,800
10,213
13,504
5,137
8,664
12,530
12,703
2,771
1,107
6,160
1,790
10,095
5,120
1,250
3,062
2,900
$20,500
5,000
8,680
3,195
20,125
20,650
00
00
00
(0
00
00
St o c k .
First Nat’l Bank, Easthampton,
First Nat’l Bank, Northampton, * .
First Nat’l Bank, Holyoke,
Hampshire N’l Bank, Northampton,
Northampton N’l B’k, Northampton,
Conway Nat’l Bank, Conway,.
Crocker Nat’l Bank, Turner’s Falls,
Agawam Nat’l Bank, Springfield, .
Chapin Nat’l Bank, Springfield,
Suffolk Nat’l Bank, Boston,
Hide and Leather N’l Bank, Boston,
First Nat’l Bank, Barre, .
First Nat’l Bank, Palmer,
Nat’l Bank Republic, Boston, .
City Nat’l Bank, Worcester,
Mechanics’ Nat’l Bank, Worcester, .
Citizens’ Nat’l Bank, Worcester,
First Nat’l Bank, Amherst,
$9,400
12,900
10,000
8,900
13,300
4,509
8,400
10,000
10,000
2,300
1,000
5,000
1,400
8,000
4,000
1,000
2,500
2,000
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
$114,600 $153,522 50
R a il r o a d
New London & Northei’n R. R 6s, .
New London & Northern R. R. 7s, .
Boston & Revere Beach R. R. 6s, .
Fitchbui’g Railroad 5s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,300 00
5,000 00
$135,708 01
B onds.
$3,500
25,000
25,000
25,000
1
00
00
00
00
00
00
39
00
00
62
00
00
00
50
00
00
50
00
$78,500
$3,500
31,250
29,000
28,250
00
00
00
00
$92,000 00
$3,500
25,000
26,268
27,906
00
00
75
25
$82,675 00
7
PUBLIC DOCUMENT — No. 8.
1 885.]
ANDOVER SAVINGS BANK — ANDO VER.
Incorporated 1834.
Number of corporators, 47.
M oses F o s t e r , President.
J o h n F . K i m b a l l , Treasurer.
S tatem ent.
L
ia b il it ie s
A
.
$1,511,982 23
40,029 19
44,000 00
Deposits,
Earnings undivided, .
Guaranty fund, .
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security, .
Deposit in banks, on interest, .
Deposit in banks, not on interest,
Cash on hand, .
.
.
.
$1,596,011 42
$384,100
210,750
500
281,000
14,135
498,961
191,876
8,761
4,343
1,582
00
00
00
00
03
40
84
89
97
29
$1,596,011 42
Loans on Bank Stock,
On
6
shares Andover National B a n k , ..............................................................$500 00
Amount of real estate held by foreclosure,..................................................... $14,135 03
Assessed value of the same....................................................................................
21,900 00
Amount of income received from the same............................................... ........
40 00
Amount of municipal tax on real e s t a t e , .....................................................
356 00
Cash on Deposit in Banks, amount in each: —
Andover National Bank,........................................................................................ $7,343 97
Black stone National Bank, Boston,
.
.
.
•
.
•
.
5,761 89
Whole amount of interest or profits received or earned,
.
.
.
.
$96,542 86
Rate and amount of each semi-annual dividend for previous }
per cent., f 34,974 51
y e a r , ............................................................................... ........ J 2¡| per cent., I 35,991 51
Times for the dividends, fixed by the by-laws, Third Wednesday in June
and December.
The total amount of loans, with each specified rate of interest: $115,000,
4J percent.; $55,400,5 per cent.; $21,500, 5£ per cent.; $486,038.24,6
per cent.; $13,400, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................254
Aggregate amount of the same,
.
.
.
.............................................
326,088 00'
Amount of investments from which no income is received, .
.
.
. ,
1,900 00
Number of open a c c o u n t s ,.......................................................................3,909
Number and amount of deposits (including dividends), received for previ
ous y e a r ........................................................................................
2,156
196,040 00
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.................................................................................... 199
102,025 00
Number and amount of w ithdrawals,............................................
1,590
186,334 79
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[ J an.
BANK COMMISSIONERS’ REPORT
Number of accounts opened the previous y e a r , ....................................498
Number of accounts closed the previous y e a r , ................................... 339
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,.............................................................
Date of examination by Commissioner : April 5.
$2,100 00
30,000 00
P u b l ic F u n d s .
Par Value.
$23,600
United States bonds, 4s, .
City and Town bonds : —
City of Bangor, Me.,
of Belfast, Me.,
-of Boston,
. . . .
of Chelsea,
. . . .
of Charlestown,
of Cambridge, . . . .
of Dover,................................
of Fall River, . . . .
of Holyoke,
. . . .
of Lynn, ................................
of Lowell,
. . . .
of Lewiston, . . . .
Town of Melrose, . . . .
City of Milwaukee, . . . .
of Norwich,
. . . .
of Nashua,
. . . .
of Newburyport,
Town of Northampton, .
City of Portland,
. . . .
of Portsmouth,.
of Salem,................................
of Worcester, . . . .
25,000
17,000
1,000
27,000
2,000
14,000
25,500
11,000
18,000
30,000
6,000
6,000
15,000
10,000
30,000
5,000
20,000
33,000
23,500
33,500
3,000
5,000
Estimateci
Market Value.
$28,000 00
28,000
17,000
1,000
30,000
2,000
15,000
28,000
11,500
20,000
34,000
6,500
6,500
17,000
11,000
34,000
5,500
23,000
38,000
26,000
35,000
3,600
5,300
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$384,100 $425,900 00
Amount Invested.
/ $23,600 00
25,000
17,000
1,000
27,000
2,000
14,000
25,500
11,000
18,000
30,000
6,000
6,000
15,000
10,000
30,000
5,000
20,000
33,000
23,500
33,500
3,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$384,100 00
B a n k St o c k .
Andover Nat’l Bank, Andover,
Bay State Nat’l Bank, Lawrence, .
Boylston Nat’l Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Commonwealth Nat'l Bank, Boston,
Everett Nat’l Bank, Boston, .
Eagle Nat’l Bank, Boston,
Hide and Leather Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
New England Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
Republic Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$30,900
7,500
700
14,700
10,000
15,000
4,500
5,000
10,000
5,C00
5,800
3,100
22,500
$37,500
10,000
700
15,2( 0
10,500
16,000
4,500
5,000
11,500
6,500
7,000
3,700
27,600
00
00
00
00
00
00
00
00
00
00
00
00
00
$30,900
7,500
700
14,700
10,000
15,000
4,500
5,000
10,000
5,000
5,800
3,100
22,500
00
00
00
00
00
00
00
00
CO
00
00
00
00
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8
B a n k Sto c k
9
— Concluded.
Par Value.
Estimated
Amount Invested.
Market Value.
Revere Nat’l Bank, Boston,
Old Boston Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
Security Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Union Nat’l Bank, Weymouth,
Wachusett Nat’l Bank, Fitchburg, .
Webster Nat’l Bank, Boston, .
$26,300
6,750
11,000
600
6,000
5.000
5.000
15,400
$31,500
8,000
16,500
1,000
7,800
6,000
9,000
16,400
00
00
00
00
00
00
00
00
$210,750 $251,900 00
R a il r o a d
Boston & Maine Railroad,
Boston & Lowell Railroad,
Boston & Lowell Railroad 4Js,
Old Colony Railroad,
New Bedford Railroad, .
Worcester & Nashua Railroad,
Boston & Revere Beach Railroad,
Newport & Richford Railroad,
Connecticut & Passumpsic R. R’d,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$26,300
6,750
11,000
600
6,0Q0
5.000
5.000
15,400
00
00
00
00
00
00
00
00
$210,750 00
B onds.
$50,000
72,000
50,000
25,000
10,000
5,000
14,000
5,000
50,000
$60,000
82,000
50,000
30,000
11,000
5,000
15,000
5,000
58,000
00
00
00
00
00
00
00
00
00
$281,000 $316,000 00
$50,000
72,000
50,000
25,000
10,000
5,000
14,000
5,000
50,000
00
00
00
00
00
00
00
00
00
$281,000 00
10
[Jan.
BANK COMMISSIONERS’ REPORT.
ARLINGTON F IVE CENTS SAYINGS BANK — ARLINGTON.
Incorporated April 2, 1860.
W
il l ia m
Number of Corporators, 35.
G. P e c k , President.
A b e l R. P r o c t o r , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$749,954 04
18,153 92
17,528 46
s s e t s
.
Public funds,
.
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Tax account,
.
.
.
.
Insurance account, .
Cash on hand, .
.
.
.
$785,636 42
$40,792
250
19,866
84,050
26,396
37,281
448,173
40,613
75
00
25
00
59
70
11
63
6 6 ,2 0 0 00
20,771
548
552
9
130
38
50
51
50
50
$785,636 42
Loans on Public Funds : —
On $1,000 City of Fall River 6 ’s............................................................................
$250 00
Invested in real estate (for banking purposes),
............................................ $26,396 59
Estimated value of the sam e,...............................................................................
26,000 00
Amount of real estate held by foreclosure, .
.
.
.
.
.
37,281 70
Assessed value of the same.....................................................................................
42,050 00
Amount of income received from tlie s a m e ,.....................................................
2,504 32
Amount of municipal tax on real estate,
.
.
.
.
.
.
.
1,480 29
Cash on Deposit in Bank: —
Faneuil Hall 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.,
y e a r , ..............................................................
Times for the dividends, fixed by the by-laws: first Saturday in January
and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend, 4 7-64.
The total amount of loans, with each specified rate of interest: $20,771.38
3 per cent.; $24,000 4 per cent.; $36,750 4J per cent.; $10,0Q0 4| per
cent.; $35,870 5 per cent.; $10,000 5£ per cent.; $431,426.24 6 per cent.;
$2,000 6 ^ per cent.; $5,100 7 per cent.; $100 8 per cent.
Number of outstanding loans which are of an amount not exceeding
, 284
$3,000 e a c h ,................................... ........
Aggregate amount of the same,
.
.
.
.
2,694
Number of open accounts,
.
.
.
.
.
• preNumber and amount of deposits (including divid
2,257
vious y e a r , .............................................................
time,
Number and amount of deposits of and exceedin
. 96
for the previous y e a r ,............................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,771 38
$42,336 59
14,339 41
14,449 40
265,708 75
172,357 65
67,240 03
1 8 8 5 .]
11
PUBLIC DOCUMENT — No. 8.
Number and amount of w ith d raw als,............................................
1,472
Number of accounts opened the previous y e a r , ....................................318
Number of accounts closed the previous y e a r , ....................................244
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,....................................................................... ........
Date of examination by commissioner: May 10.
$161,136 65
1,710 39
10,000 00
P u b lic F u n d s .
Par Value.
United States 4s, coupon,
$450
City and Town bonds: —
City of Portland, Me., 6s, coupon, .
of Lawrence, Mass., 6s, coupon,
of Holyoke, Mass., 6s,
“
Town of Woburn, Mass., 6s, “
of No. Adams, Mass., 6s, “
20,000
6,000
5.000
7.000
5.000
$43,450
Estimated
Market Value.
Amount invested.
$549 00
$492 75
24,000
6,960
6.050
8.050
5,062
00
00
00
00
50
$50,671 50
20,100
5,000
4,167
5,833
5,200
00
00
00
00
00
$40,792 75
B a n k St o c k .
Continental Nat’ l Bank, Boston,
Republic Nat’l Bank, Boston, .
North Amei-ica Nat’l Bank, Boston, .
First Ward Nat’l Bank, Boston,
Union Nat’l Bank, Boston,
Redemption Nat’l Bank, Boston,
Faneuil Hall Nat’l Bank, Boston, .
$5,000
3,300
2,500
2,200
1,200
1,090
1,000
$16,200
R a il r o a d
Newport & Richford Railroad 5s, .
Conn. & Passumpsic River R.R. 7s,
Mansfield & Framingham R.R. 6s, .
Vermont & Massachusetts R.R. 5s, .
Boston, Revere B’ch & Lynn R.R. 6s,
Mansfield & Framingham R.R. 7s, .
Eastern Railroad 6s,
. . .
Fitchburg Railroad 6s,
Boston & Lowell Railroad 7 s,.
Old Colony Railroad 6s, .
Boston, Clinton, Fitchburg & New
Bedford Railroad, 6s, .
$5,250
4,240
2,575
2,516
1,650
1,102
1,300
00
50
00
25
00
50
00
$18,634 25
$5,955
4,281
2,975
2.346
1,644
1,353
1,310
75
50
00
25
00
75
00
$19,866 25
B onds.
$20,000
15,000
15,000
10,000
7,000
6,000
5,500
2,000
2,000
1,000
$20,700
17,475
15,000
11,050
7,770
6,720
6,160
2,350
2,420
1,190
00
00
00
00
00
00
00
00
00
00
$20,000
15,000
15,000
10.000
7,000
6,000
5,050
2,000
2,000
1,000
00
00
00
O')
00
00
00
00
00*
00
1,000
1,130 00
1,000 00
$84,500
$91,965 00
84,050 00
* This bank was notified that this investment was illegal and these bonds have since been
disposed of.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
12
[Jan
BANK COMMISSIONERS’ REPORT.
ATHOL SAYINGS B A N ^ -A T H O L .
Incorporated 1867.
Number of corporators, 36.
J o h n G. M tjdge , President.
A l p h e u s H a r d i n g , Treasurer.
Statem ent.
L
ia b il it ie s
.
A
Deposits,
#1,040,102 90
26,388 60
Earnings undivided, .
Guaranty fund, .
23,000 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks on interest, .
Expense account,
Unsettled interest,
.
.
.
Cash on hand, .
$1,089,491 50
$54,000
5,000
9,800
50,950
00
00
00
00
2 0 ,0 0 0 00
428,321 88
339,363 34
62,980
117,000
941
724
410
00
00
51
54
23
$1,089,491 50
Loans on Public Funds : —
»o'
, .......................................................................
o
o
On $5,000 Cambridge city 6 s
00
Loans on Bank Stock, amount on each : —
On 150 shares Commonwealth National Bank, Boston..................................
On 100 shares So. Reading National Bank........................................................
On 105 shares Safety Fund National Bank, Fitchburg,
.
.
On 125 shares Home National Bank, Holyoke, .
.
.
.
.
.
On 53 shares Westminster National B a n k ,............................................
On 28 shares Athol National B a n k , ............................................
On 13 shares Miller’s River National B a n k , ............................................
00
10,000 00
10,000 00
10,000 00
4,200 00
1,950 00
1,300 00
$13,500
Cash on Deposit in Banks, amount in each: —
................................................................................
Holyoke National Bank,
Home National Bank, H o ly ok e,.......................................................................
City National Bank, H o l y o k e , .......................................................................
Orange National B ank,........................................................................................
Athol National B a n k ,...................................
Westminster National Bank,
.......................................................................
Commonwealth National Bank, Boston.............................................................
Miller’s River National Bank, Athol, .
.....................................................
Whole amount of interest or profits e a r n e d , ............................................
Rate and amount of each semi-annual dividend for previous ) 2 per cent., j
year, .
................................................................................f 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: $29,000
3 per cent; $21,500 4 per cent; $25,000 4£ per cent; $25,000 4^ per cent;
$199,500 4£ per cent; $11,500 4f per cent; $573,403.88 5 percent; $17,000
5£ per cent; $177,811.34 6 per cent; $5,000 7 per cent; $2,700 9 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each,..................................................................................................290
Aggregate amount of the same.............................................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 8 ,0 0 0
00
10,0 0 0 00
25,000
.15,000
25,000
5,000
16,000
13,000
00
00
00
00
00
00
$54,617 81
19,558 76
19,916 71
246.081 22
1885.]
PUBLIC DOCUMENT — No. 8.
13
N umber of open accounts, .............................................................. 3,668
Number and amount of deposits (including dividends), received for pre
8,932
vious y e a r ,..............................................................
time,
Number and amount of deposits of and exceeding
157
for the previous y e a r , .....................................................
2,005
Number and amount of withdrawals, .
.
.
.
.
511
Number of accounts opened the previous year, .
.
.
486
Number of accounts closed the previous year,
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d , ............................................
Date of examination by commissioner : August 5.
P u b l ic
.
.
.
Market Value.
$10,000
5.000
10,000
10,000
5.000
14,000
$13,000
5,250
11.400
11.400
5,200
15,062
$54,000
$61,312 50
$1,100
1,000
5,(DO
2,700
$9,800
R a il r o a d
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
3,120
02
00
00
00
00
00
50
Amount Invested.
$10,000
5.000
10,000
10,000
5.000
14,000
00
00
00
00
00
00
$54,000 00
Sto ck .
Blackstone Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Nat’l Eagle Bank, Boston,
Miller’s River Nat’l Bank, Athol,
Vermont & Mass. Railroad 5s,
78,552 47
171,645 01
1 0 ,0 0 0 0 0
Estimated
Bank
12
Funds.
Par Value.
United States currency 6s,
City of Cambridge 6s,
of Lynn 6s,
. . .
of Newton 5s, . . .
of Portland, Me., 6s,,
Town of Meriden, Ct., 6s,
$200,380
$1,100
1,200
5,250
4,725
00
00
00
00
$1,100
1,000
5,000
2,700
00
00
00
00
$12,275 00
$9,800 00
$ 22,000 00
$ 20,000 00
B onds.
$20,000
14
BANK COMMISSIONERS’ REPORT
[Jan
ATTLEBOROUGH SAYINGS BANK — NORTH ATTLEBOROUGH.
Incorporated 1860.
A
b ie l
Number of corporators, 69.
C o d d in g , President.
E d w a e d R . P r i c e , Treasurer.
St a t e m e n t .
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$661,901 51
8,723 09
15,400 00
s s e t s
.
Bank stock,
.
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest,.
Deposit in banks, not on inter
est, .
.
.
.
.
.
Expense account,
$686,024 60
*
$10,079 00
343,649 00
125,321 00
180,000 00
19,667 42
7,183 18
125 00
$686,024 60
Cash on Deposit in Banks, amount in each: —
Boston Safe Deposit and Trust Co., Boston,..................................................... $ 19,667 42
Attleborough National Bank, North Attleborough............................................7,183 18
Whole amount of interest or profits received or earned,
.
.
.
.
$37,819 28
Rate and amount of each semi-annual dividend for previous 1 2£ per cent., f 14,712 75
y e a r , ............................................................................... ) 2£ per cent., \ 15,377 38
Times for the dividends, fixed by the by-laws : Tuesday, after 2d Monday
in April and October.
The total amount of loans, with each specified rate of interest: $95,000, 4
per cent.; $2,000,4^ per cent.; $10,000,4| per cent.; $117,000, 5 per cent.;
$407,095, 6 per cent ; $17,625, 7 per cent.; $250, 8 per cent.
Number of outstanding loans Which are of an amount not exceeding $3,000
each,
...........................................................................................................253
Aggregate amount of the s a m e , .......................................................................$266,520
Number of open accounts,
.
..................................................... 2,157
Number and amount of deposits (including dividends), received for pre
vious year, .........................................................................................
2,151
235,207 86
Number and amount of deposits of and exceeding $300 at anyone time,
for the previous y e a r ,............................................................................... 182
98,544 00
Number and amount of w ith d ra w a ls,.............................................
1,642 189,315 08
Number of accounts opened the previous y e a r , ....................................534
Number of accounts closed the previous year,
.
.
.
.
. 329
Amount of expenses of the corporation during previous year, .
.
.
1,710 59
Amount of treasurer’s b o n d ,................................................................................
20,000 00
Date of examination by commissioner : February 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8
Bank
St o c k .
Estimated
Par Value.
First Nat’l Bank, Attleborough,
Boston Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
15
Market Value.
Amount Invested.
$5,100
5,000
$5,055 00
5,750 00
$5,079 00
5,000 00
$10,100
$11,105 00
$10,079 00
16
BANK COMMISSIONERS’ REPORT.
[Jan.
BARRE SAVINGS BANK — BARRE.
Incorporated May, 1869.
Number of corporators, 47.
C h a r l e s B r im b l e c o m , President.
H a r d in g W
ood s ,
Treasurer.
Sta te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$260,004 15
16,669 14
5,085 00
s s e t s
.
Bank stock....................................
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, not on inter
est, .
.
. ' .
Expense account,
$281,758 29
Amount of real estate held by foreclosure...............................................$12,000
Assessed value of the same...................................................................
9,400
Amount of income received from the s a m e ,...................................
346
Amount of municipal tax on real e s t a t e , ....................................
146
$118,878 29
6,060 00
1 2 ,0 0 0 00
50,098 67
89,982 32
1,500 00
2,922 33
316 68
$281,758 29
00
00
26
68
Cash on Deposit in Bank: —
First National Bank, B arre,........................................................................ $2,922
Whole amount of interest or profits received or earned,.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ............................................................................... J 2
per cent., 1
Times for the dividends, fixed by the by-laws : January 15 and July 15.
The total amount of loans, with each specified rate of interest : $8,250, 5
per cent.; $10,000, fy per cent.; $5,000, 51 per cent.; $103,848.67, 6 per
cent. ; $4, 000, 6 è per cent. ; $10,049, 7 per cent. ; $433.32, 7£ per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,...................................................................................................... 48
Aggregate amount of the same...............................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,.......................................................................906
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 398
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 25
Number and amount of w ith d ra w a ls,..................................................... 411
Number of accounts opened the previous y e a r , ....................................106
Number of accounts closed the previous y e a r , ....................................... 115
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioners : July 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
33
$14,17559
4,978 67
5,05968
39,880 99
1,000 00
45,20352
13,304 37
41,084 12
661 17
15,000 00
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8
17
Ba n k Sto c k .
Par Value.
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
First Nat’l Bank, Boston,
Mechanics’ Nat’l Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Nat’l Bank of No. America, Boston,
Nat’l Bank of Redemption, Boston,
Nat’l Exchange Bank, Boston,
Nat’i Hide and Leather B’k, Boston,
Nat’l Revere Bank, Boston,
Nat’l Webster Bank, Boston, .
Old Boston Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Nat’l Market Bank, Brighton, .
Ware Nat’l Bank, Ware, .
Central Nat’l Bank, Worcester,
Citizens’ Nat’l Bank, Worcester,
City Nat’l Bank, Worcester,
First Nat’l Bank, Worcester, .
First Nat’l Bank, Barre, .
$1,200
4,200
6,200
2,000
1,700
2,000
4,500
2,800
3,200
2,500
4,600
1,800
2,500
900
3,300
3,500
3,400
2,000
3,000
6,000
5,000
700
5,200
2,100
5,000
2,000
5,500
Estimated
Market Value.
$1,452
4,305
7,130
2,260
1,802
2,950
9,000
3,528
3,616
2,625
5,520
2,088
2,900
1,035
3,333
4,200
5,100
1,900
3,450
6,360
7,050
840
7,280
2,625
6,300
3,300
6,325
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0)
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$1,469
5,722
7,741
2,785
2,018
2,991
7,744
3,500
5,316
2,718
6,263
2,977
2,912
1,185
3,462
5,407
5,032
2,800
3,753
7,728
7,660
901
7,624
2,961
6,830
2,700
7,667
00
59
02
33
56
00
00
00
00
75
50
50
70
00
63
50
35
00
75
50
00
25
00
00
00
00
00
$119,872 93
Less interest earned at date of pur
chase, .
.
.
.
.
.
994 64
$87,300 $108,274 00
$118,878 29
R a il r o a d B o n d s .
Eastern Railroad 6s,
Rutland Railroad 5s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
$5,000
1,000
$5,550 00
660 00
$5,200 00
860 00
$6,000
$6,210 00
$6,060 00
BANK COMMISSIONERS’ REPORT.
18
[Jan
BASS R IVE R SAVINGS BANK — SOUTH YARM OUTH.
Incorporated April 20, 1874.
Number of corporators, 34.
D a v id K e l l e y , President.
D a v id D . K e l l e y , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$349,147 86
4,108 49
4,438 95
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s , ...................................
Loans on bank books,
Deposit in banks, on interest, .
Loans on mill stocks,*
Sagamore M’f’g Co.,*
Border City M ’f’g Co.,* .
Cash on hand, .
.
.
.
$357,695 30
$59,792
90,420
1,302
26,075
2,727
44,508
103,071
85
18
30
00
78
50
30
6 ,0 0 0 0 0
230
8,498
2,500
5,507
5,454
1,606
00
71
00
81
54
33
$357,695 30
Loans on Bank Stock, amount on eacli: —
On 12 shares First National Bank, Y a r m o u t h ,............................................ $1,175 00
On 2 shares Cape Cod National Bank, H a rw ich ,............................................
127 30
Amount of real estate held by foreclosure,
Assessed value of the same, .
.
.
.
Amount of income received from the same, .
Amount of municipal tax on real estate,
$2,727 78
4,100 00
6 8 33
12 08
Cash on Deposit in Banks, amount in each : —
Maverick National Bank, Boston, .
.
.
National Bank of Republic, B o s t o n , ....................................
$1,107 92
7,390 79
$16,642
Whole amount of interest or profits received or earned,
6,048
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
6,468
I 2 per cent, 1[
year.......................................................................................
Times for the dividends, fixed by the by-laws: April and October.
The total amount of loans, with each specified rate of interest: $25,127.30,
5 per cent.; $21,500, 5^ per cent ; $44,500,
per cent.; $5,000, 5| per
cent ; $46,182 39, 6 per cent.; $725,
per cent.; $14,577.41, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..........................................................................................................147
Aggregate amount of the s a m e , .......................................................................80,812 10
Amount of investments from which no income is received, .
.
.
.
1,500
Number of open a c c o u n t s ,.............................................................. 1,353
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
* Taken to secure indebtedness.
29
23
42
00
1885.]
PUBLIC DOCUMENT — No. 8.
19
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 820
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................
72
Number and amount of w ith d ra w a ls,.................................................... 604
Number of accounts opened the previous year.......................................... 210
Number of accounts closed the previous y e a r , ....................................105
Amount of expenses o f the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : Sept. 18.
P u b l ic
Bank
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,
Boston Nat’l Bank, Boston,
Faneuil Hall Nat’l Bank, Boston, .
Redemption Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
Citizens’ Nat’l Bank, New Bedford,
First Nat’l Bank, New Bedford,
First Nat’l Bank, Yarmouth, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
37,26588
59,29251
1,22613
10,000 00
F unds.
Par Value.
City and town bonds : —
City of Columbus, O.,
of Boston, Mass.,
of Providence, R.I., .
of Lowell, Mass.,
Town of Beverly, Mass., .
of Clinton, Mass., .
of Spencer, Mass., .
$ 9 1,640 31
Estimated
Market Value
$10,000
10,000
10,000
8,000
5,000
5,000
10,000
$10,300
10,400
11,700
8,280
5,175
5,175
10,350
00
00
00
00
00
00
00
$10,000
10,000
11,442
8,000
5,000
5,000
10,350
00
00
85
00
00
00
00
$58,000
$61,380 00
$59,792 85
$6,300
2,500
1,500
1,300
8,200
7,300
800
700
2,100
9,000
1,000
4,900
5,000
5,600
3,000
5,500
5,000
3,000
2,000
2,400
1,900
$6,457 50
2,868 75
1,758 75
1,199 25
10,537 00
7,573 75
826 00
840 00
2,220 75
8,865 00
1,127 50
7,350 00
5,650 00
7,434 00
3,367 50
7,177 50
5,600 00
3,365 00
2,410 00
3,189 00
2,375 00
$6,615 00
2,750 00
1,770 00
1,300 00
9,429 88
7,780 00
800 00
756 00
2,205 00
9,069 30
1,000 00
6,738 00
5,927 00
7,280 00
3,270 00
6,765 00
6,500 00
3,660 00
2,000 00
2,400 00
2,405 00
$79,000
$92,192 25
$90,420 18
Sto ck .
»
h
20
BANK COMMISSIONERS’ REPORT
[Jan
R a il r o a d B o n d s .
Par Value.
Old Colony Railroad 7s, .
Old Colony Railroad 6s, .
New Bedford Railroad, .
Fall River Railroad,
Vermont & Massachusetts Railroad,
$4,000
3,000
3,000
10,000
5,000
$25,000
Estimated
Market Value.
$4,960
3,351
3,358
10,250
5,550
00
00
50
00
00
$27,469 50
Amount Invested.
$4,000
3,000
3,000
*10,525
5,550
00
00
00
00
00
$26,075 00
* This bank was notified that this investment was illegal, and these bonds have since been
disposed of.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.1 8 8 5 .]
21
PUBLIC DOCUMENT — No. 8.
BENJAMIN FRANKLIN SAYINGS BA N K — FRANKLIN.
Incorporated Feb. 21, 1871.
Number of corporators, 40.
D a v is T h a y e r , J r ., President.
C h a s . W . S t e w a r t , Treasurer.
State m e n t.
L
ia b il it ie s
A
.
Deposits,
Earnings undivided, .
Guaranty fund, .
$299,642 70
5,162 05
5,204 78
1
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.........................................
Deposit in banks, on interest. .
Expense account,
Suspense account,
Furniture,...................................
Cash on hand, .
.
$310,009 53
$18,127
47,502
20,531
157,186
37,694
50
77
82
50
70
8 ,0 0 0 00
18,509
429
437
961
628
55
82
67
18
02
$310,009 53
Amount of real estate held by foreclosure,..................................................... $20,531 82
Assessed value of the s a m e ,...............................................................................
21,600 00
Amount of income received from the s a m e ,.....................................................
893 00
Amount of municipal tax on real estate,
.
.
.
.
.
.
.
313 45
Cash on Deposit in Banks, amount in each: —
Franklin Nat’l B a n k , ........................................................................................ $14,477 04
Maverick Nat’l Bank, B o s t o n , .......................................................................
2,149 04
International Trust Co., B o s t o n ,.............................................................. ........
1,883 47
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., j
y e a r , ........................................................................................ / 2 per cent., )
Times for the dividends, fixed by the by-laws: First Monday in 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: $8,000,4 per
cent.; $54,483, 5 per cent.; $139,098.20, 6 per cent.; $1,300, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 147
Aggregate amount of the same,
..............................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,.............................................................. 1,219
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 829
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................
61
Number and amount of w ith d raw als,..................................................... 697
Number of accounts opened the previous year.......................................... 191
Number of accounts closed the previous y e a r , .......................................137
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : May 16.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$15,542 47
5,493 36
5,511 66
198,281 20
5,051 20
80,663 35
33,764 47
67,740 22
1,312 43
10,000 00
22
BANK COMMISSIONERS’ REPORT
P u b l ic
F und s.
Par Value.
United States 4^s,
City of Bath, Me.,
.
.
.
.
.
.
.
.
Bank
Wrentham Nat’l Bank, Wrentham. .
Franklin Nat’l Bank, Franklin,
Tremont Nat’l Bank, Boston, .
Hide and Leather Nat’l Bank, Bost o n , ........................................
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 Bank, Bost o n , ........................................
Columbian Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
[Jan
Estimated
Market Value.
Amount Invested.
$16,000
2,000
$17,062 50
2,000 00
$16,312 50
1,815 00
$18,000
$19,062 50
$18,127 50
$720 80
10,716 00
3,215 00
$990 00
*11,117 65
3,902 37
St o c k .
$630
9,400
3,100
900
2,500
2.300
7 000
1,000
1,600
2,700
1,025
2,838
2,996
8,400
922
1.900
2,943
00
00
00
00
00
00
00
1,032
2,902
3,266
8,887
1,100
1,776
3,456
75
50
00
50
00
00
00
800
1,4< 0
1,500
3,000
500
768
1,736
1,545
3,623
515
00
00
00
00
00
1,137
1,845
1,680
3,790
620
00
00
00
00
00
$38,330
$43,862 so
$17,502 77
* This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PUBLIC DOCUMENT — No. 8.
1 8 8 5 .]
23
BERKSHIRE COUNTY SAYINGS BANK — PITTSFIELD.
Incorporated 1817.
Number of corporators, 46.
R o b e r t W . A d a m , Treasurer.
J u liu s R o c k w e l l , President.
St a t e m e n t .
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$¡1,945,508 82
20,341 13
37,500 00
s s e t s
,
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Deposit in banks, noton interest,
Expense account,
Premium account, .
Cash on hand, .
.
.
.
$2,003,349 95
$699,500
113,120
7,800
80,500
2,950
755,155
191,214
00
00
00
OO
00
00
20
55,000
21,568
13,689
4,341
31,257
27,254
00
19
66
20
60
10
$2,003,349 95
Loans on Bank Stock, amount on each : —
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,
.
.
.
.
.
O
O
c<r
m-
On 25 shares Third National Bank, Pittsfield,
On 43 shares Pittsfield National Bank, Pittsfield, .
On 15 shares Agricultural National Bank, Pittsfield,
00
33,000
00
2 ,0 0 0 0 0
.
$2,950 0 0
9,200 0 0
589 11
146 28
.
$6,518 40
7,171 26
.
1 0 ,0 0 0 0 0
Cash on Deposit in Banks, amount in each : —
Agricultural National Bank, Pittsfield.........................................
Pittsfield National Bank, P i t t s f i e l d , ...................................
Third National Bank, P i t t s f i e l d ,............................................
National Revere Bank, B o s t o n , ............................................
National Bank of the Republic, Boston,
.
.
.
.
6,471 81
5,096 38
. $102,041 90
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 2 per cent., «
35,877 6 6
y e a r , ........................................................................................
2 per cent., )
36,427 83
Times for the dividends, fixed by the by-laws : first Thursday in January
and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend : 6 .J. (Last extra dividend in 1872.)
The total amount of loans, with each specified rate of interest: $35,000, 4
per cent.; $78,950, 5 per cent.; $885,219.20, 6 per cent.; $10,000, 7 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .......................................................................................................... 221
Aggregate amount of the same,
....................................................................... 284,164 20
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
24
BANK COMMISSIONERS’ REPORT
[J;in.
Number of open a c c o u n t s , .............................................................. $6,792
Number and amount of deposits (including dividends) received for pre
vious y e a r , .......................................................................■ .
5,934 $499,986 74
Number and amount of deposits of and exceeding $300 at any one time for
the previous y e a r ,..............................................................
.
.
150,678 50
Number and amount of withdrawals..................................
4,763 445,300 16
Number of accounts opened the previous year,
.
.
.
.
1,199
Number of accounts closed the previous year,
.
1,007
Amount of expenses of the corporation during previous year,
.
5,450 70
Amount of treasurer’s b o n d , ..............................................................
,
50,000 00
Date of examination by commissioner : April 24.
P u b l ic F u n d s .
Par Value.
United States 4s,
. . . .
United States currency 6s,
Pittsfield, Mass., 6s, . . . .
Pittsfield, Mass., 7 s,.
Pittsfield, Mass., 4s,.
.
Adams, Mass., 6s,
Charlestown, Mass., 6s, .
Providence, R. I., 5s,
Pawtucket, R. I., 5s,.
East Providence, R. I., 5s,
Boston, Mass., 4s,
Bath, Me., 6 s , ................................
New Hampshire 6s..........................
West Hartford, Conn., 4s,
Marlborough, Mass., 4s, .
Keene, N. H., 4s,
. . .
Indianapolis, Inch, 6s,
Milwaukee, Wis., 7s,
Columbus, O., 4s, . . . .
Lowell, Mass, 4s,
Estimated
Market Value.
Amount Invested.
$205,000 $249,075 00
55,000
69,850 00
15,000
16,000 00
35,000
40,500 00
12,000
12,100 00
25,000
27,000 00
5,000
5,500 00
27,000
31,050 00
20.000
22,400 00
26,500
29,580 00
30,000
31,200 00
12,000
12,000 00
10,000
12,106 50
18,000
18,540 00
75,000
77,225 00
20,000
20,600 00
10,000
11,000 00
10,000
12,000 00
50,000
51,000 00
39,000
40,170 00
$221,232
55,000
15,000
35,000
12,000
25,000
5,000
28,000
20,000
27,000
30,000
12,000
11,000
18,000
76,125
20,000
11,000
10,500
50,000
39,715
$699,500 $788,896 50
$721,572 22
02
00
00
00
00
00
00
00
00
00
00
(0
00
00
00
00
00
00
00
20
B a n k St o c k .
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,
Atlas Nat’l Bank, Boston,
Nat’l Revere Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,100
3,200
2,000
3,500
4,500
6,800
10,000
10,900
12,000
$4,233
3,632
2,295
4,200
6,761
9,027
11,200
12,782
14,250
00
00
00
00
00
00
00
00
00
$4,100
3,200
2,000
3,500
4,500
6,800
10,000
13,099
12,000
00
00
00
00
00
00
00
75
00
1 8 8 5 .]
25
PUBLIC DOCUMENT — No. 8.
B a n k St o c k — Concluded.
Par Value.
Nat’l Webster Bank, Boston, .
Nat’l Eagle Bank, Boston,
Nat’l Hide and Leather B’k, Boston,
Nat’l Bank of Commerce, Boston, .
Nat’l Bank of the Republic, Boston,
Hadley Falls Nat’l Bank, Holyoke,.
Adams Nat’l Bank, No. Adams,
Agricultural Nat’l Bank, Pittsfield, .
Pittsfield Nat’l Bank, Pittsfield,
Lee Nat’l Bank, Lee,
First Nat’l Bank, Chicopee,
$8,000
8,000
2.500
6,000
8,000
2,000
200
3,200
5.500
6,720
6,000
Estimated
Amount Invested.
Market Value.
$8,080
8,460
2,900
6,660
10,280
3,500
300
6,400
8,910
8,000
10,500
00
00
00
00
00
00
00
00
00
00
00
$113,120 $142,370 00
$8,000
8,000
2.500
6,000
9,798
2,000
200
3,200
5.500
6,720
6,000
00
00
00
00
13
00
00
00
00
OO
00
$117,117 88
R a il k o a d B o n d s .
Wo: eester & Nashua R. R. 5s,.
Boston, Revere B’ch & Lynn R R. 6s,
Conn. & Passumpsic Rivers R. R. 7s,
N. Y., N. Haven & Hartford R. R 4s,
Vermont & Massachusetts R. R. 5s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
$10,000
11,000
9,500
25,000
25,000
$10,600
12,540
11,210
25,750
27,750
$80,500
$87,850 00
$10,000
12,000
11,000
25,000
27,687
00
00
00
00
50
$85,687 50
26
BANK COMMISSIONERS’ REPORT
[Jan.
B E V E R L Y SAVINGS BANK — BEVERLY.
Incorporated 1867.
W
m.
Number of corporators, 37.
R. G. B e n n e t t , Treasurer.
E n d ic o t t , President.
St a t e m e n t .
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$744,495 76
3,547 99
14,000 00
s s e t s
.
Public funds, .
.
.
.
Bank stock..................................
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, not on interest,
Expense account,
Premium account, .
$762,043 75
$35,000 00
165,670 00
6 ,2 0 0 00
13.000
8,353
1,646
254,864
217,910
00
45
08
00
00
28.000 00
14,653 10
9 00
16,738 12
$762,043 75
Loans on Bank Stock : —
On 63 shares Beverly National B a n k , ..............................................................$6,200 00
Invested in real estate (for banking p u r p o s e s ),............................................
Estimated value of the sa m e ,...............................................................................
Amount of real estate held by fo re clo su re ,.....................................................
Assessed value of the s a m e , ...............................................................................
Amount of income received from the s a m e ,.....................................................
Amount of municipal tax on real e s t a t e , ............................................
.
$8,353
8,353
1,646
2,500
143
113
45
45
08
00
00
40
Cash on Deposit in Bank: —
Beverly National B a n k ,.........................................................................................$14,653 10
Whole amount of interest or profits received or earned,
.
.
.
.
$35,823 30
Rate and amount of each semi-annual dividend for previous 1 2 per cent., j 12,943 60
year,
.
.
.............................................................. 1 2 per cent., 1
14,037 24
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: $75,500, 4
percent.; $30,000, 4^ per cent.; $126,000, 4^ per cent ; $12,500,5 per
cent.; $262,974, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................227
Aggregate amount of the s a m e , .......................................................................
242,742 00
Number of open a c c o u n t s ,....................................................................... 2,369
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
7,175
186,44989
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.1
27
PUBLIC DOCUMENT — No. 8
Number and amount of deposits of and exceeding $300 at any one time,
, 116
for the previous y e a r ,..............................................................
1,502
Number and amount of withdrawals, .
.
.
.
.
. 383
Number of accounts opened the previous year,
. 254
Number of accounts closed the previous year,
,
.
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,.....................................................
Date of examination by commissioner: June 12.
$67,862 48
127,138 50
1,268 65
15,000 0 0
P u blic F u n d s .
Par Value.
Amount Invested.
$35,700 00
$35,000 00
$5,800 00
4,326 00
11,000 00
5,150 00
5,350 00
1,140 00
7,350 00
1,980 00
5,800 00
5.675 00
10,700 00
4,750 00
2,660 00
2,660 00
6,000 00
5,500 00
7,708 00
4,522 00
4,750 00
7,905 00
5,200 00
5,050 00
6,000 00
2,070 00
6,258 00
6,726 00
6,250 00
5,900 00
2,329 00
6,100 00
25,400 00
$5,000 00
4,200 00
10,000 00
5,000 00
5,000 00
1,000 00
7,000 00
2,000 00
5,000 00
5,000 00
10,000 00
5,000 00
2,000 00
2,000 00
5,000 00
5,000 00
6,100 00
3,800 00
5,000 00
8,500 00
5,000 00
5,000 00
5,000 00
1,800 00
4,470 00
5,700 00
5,000 00
5,000 00
1,700 00
5,400 00
20,000 00
$165,670 $188.009 00
$165,670 00
$35,000
Town of Beverly bonds, .
Estimated
Market Value.
B a n k St o c k .
Atlas Nat’l Bank, Boston.
Blacksto'ne Nat’l Bank, Boston,
City Nat’ l Bank, Boston, .
Continental Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Exchange Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Howard N;it’i Bank, Boston, .
Massachusetts Nat’l Bank, Boston, .
Merchandise Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
New England Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
Redemption Nat’l Bank, Boston,
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’l Bank, Boston, .
First Nat’l Bank, Lynn, .
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,
Naumkeag Nat’l Bank, Salem,
Salem Nat’l Bank, Salem,
Beverly Nat’l Bank, Beverly, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
4,200
10,000
5.000
5,000
1,000
7,000
2,000
5,000
5,000
10,000
5,000
2,000
2,000
5,000
5,000
6,100
3,-800
5,000
8,500
5,000
5,000
5,000
1,800
4,470
5,700
5,000
5,000
1,700
5,400
20,000
28
BANK COMMISSIONERS’ REPORT.
[Jan
R a il r o a d B o n d s .
I’ar Yalue.
Eastern Railroad, . . . .
Boston and Lowell Railroad, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$2, 000
11,000
$2,225 00
11,660 00
$2,000 00
11,000 00
$13,000
$13,885 00
$13,000 00
PUBLIC DOCUMENT — No. 8
1 8 8 5 .]
29
BOSTON FIVE CENTS SAVINGS BANK — BOSTON.
Incorporated 1854.
Number of corporators, 54.
A lo n zo H. E v a n s , President.
C u r t is C. N ic h o l s , Treasurer.
State m e n t.
L
ia b il it ie s
.
Deposits, .
.
$11,742,372 42
Earnings undivided, .
322,775 39
Guaranty fund, . ■
220,737 33
A
s s e t s
.
$1,814,000 0 0
86,450 00
420,700 00
72.600 0 0
140.000 00
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad bonds,.
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposits in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
6 ,0 0 0 00
140,280
108,418
5,240,248
3,314,505
13
40
87
00
499.000 00
429,027 68
56 63
14,598 43
$12,285,885 14
#12,285,885 14
Loans on Public Funds, amount on each : —
On $2,000 State of Maine B o n d s ,......................................................................
On $5,000 U. S. 4s....................................................................................................
On $8,600 U. S. 4£s, 1
On $14,050 U. S. 4s, J
On $3,000 U. S. 4 £ s , ........................................................................................
On $1,000 U. S. Bonds.............................................................................................
On $500 City of Burlington, Vt., B o n d s , .....................................................
On $2,000 City of Cambridge 6 s , ......................................................................
On $50,000 City of Lawrence 4 s , ......................................................................
$ 2 ,0 0 0
5,000
00
22,650
00
3,000
00
00
1 ,0 0 0 0 0
400
1,400
50,000
00
$14,600
2,500
00
7,000
00
00
00
Loan? on Bank Stock, amount on each: —
On 146 shares Maverick National B a n k , .....................................................
On 30 shares Blackstone National B a n k , .....................................................
On 30 shares Faneuil Hall, 35 shares Hide and Leather and 5 shares Web
ster National B a n k s , ........................................................................................
On 200 shares National City B a n k , ..............................................................
On 26 shares Rockland National Bank,..................................................... ........
On 253 shares Fourth National B a n k ,..............................................................
On 60 shares National Security B a n k ,................................... ........
.
.
00
2 0 ,0 0 0 0 0
2,500
00
2 0 ,0 0 0 0 0
6 ,0 0 0 00
Loans on Railroad Bonds: —
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 6 ,0 0 0
00
13
177,400 0 0
108,418 40
152,600 00
O
.
Invested in real estate (for banking p u r p o s e s ) ,............................................
Estimated value of the same,................................................................................
Amount of real estate held by foreclosure,.....................................................
Assessed value of the same, ................................................................................
Amount of income received from the s a m e ,.....................................................
Amount of municipal tax on real e s t a t e , .....................................................
3
©
"to
GO
On $6,000 New York, Providence & Boston Railroad 7s,
7 ,1 0 0 00
5,652 29
30
BANK COMMISSIONERS’ REPORT.
[Jan.
Cash on Deposit in Banks, amount in each : —
National Bank of Commonwealth, Boston..........................................................$211,182 74
Blackstone National Bank, B o s t o n , ..............................................................
2,509 74
Traders’ National Bank, B o s to n ,.......................................................................
14,062 08
Merchandise National Bank, B o s t o n ,..............................................................
19,224 12
National Bank of Security, B o s t o n , ..............................................................
77,049 00
Mount Vernon National Bank, Boston,..............................................................
50,000 00
Pocasset National Bank, Fall R i v e r , ...................................
.
30,000 00
City National Bank, Worcester,
.
.
•.....................................................
25,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous ) 2 per cent., $
y e a r , ............................................................................... i 2 per cent., t
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 (extra dividend, 1874): 7.
The total amount of loans, with each specified rate of interest: $39,000 at
3 per cent:; $100,000 at 3f per cent.; $100,000 at 3J per cent ; $137,000
at 4 per cent-; $274,000 at 4j per cent ; $1,732,350 at 4J per cent.; $130,000 at 4| per cent.; $967,000 at 4| per cent.; $2,739,535.77 at 5 per cent.;
$494,300 at 0 4 per cent.; $1,033,437 at 5^ per cent.; $13,968 at 5| per
cent.; $1,107,730 a t 6 per cent.; $229,340 at 6 ^ per cent.; $188,143.10 at
7 per cent.
Number of outstanding loans which are of an amount not exceeding
344
$3,000 e a c h ,.............................................................
Aggregate amount of the same,
.
.
.
. . .
.
.
.
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,..............................................................
80,695
Number and amount of deposits (including dividends), received from pre
vious y e a r , ............................................................................... .
68,719
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.......................................................................
1,961
Number and amount of w ith d ra w a ls,............................................
49,751
Number of accounts opened the previous year,
.
.
.
.
8,985
Number of accounts closed the previous year,
.
.
.
.
7,090
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer's b o n d ,...............................................................................
Date of examination by commissioner : October 30.
P u b l ic
State and city bonds : —
State of Maine,
. . . .
City of Chelsea,
. . . .
of Boston,.
. . . .
of Salem...................................
of Somerville...........................
of Lowell,
. . . .
of Keene, N. 11.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
592,100 00
1,41840
3,725,834 64
1,201,020 00
3,040,764 44
33,051 64
25,000 00
F unds.
Par Value.
U. S. b o n d s , ................................
$587,314 60
207,376 01
213,309 51
Estimated
Market Value.
$600,0U0 $719,500 00
50,000
79,000
200,000
1 0 0 ,0 0 0
103,000
255,000
100,000
53,000
83,000
220,000
102,000
103,780
255,300
100,000
00
00
00
00
00
00
00
Amount Invested.
$600,000 00
50,000
79,000
200,000
100,000
103,000
255,000
100,000
00
00
00
00
CO
00
00
1885.]
PUBLIC DOCUM ENT— No. 8
31
P u b lic F u n d s — Concluded.
Par Value.
•
$50.000
50,000
30,000
100,000
City of Columbus, Ohio, .
of Fall River, . . . .
of Indianapolis, Ind.,
of L y n n ,................................
Louisville & Portland Canal Company (guaranteed by U. S.),
District of Columbia,
20,000
77,000
Estimated
Market Value.
$50,000
50,000
30,000
100,000
00
00
00
00
20,200 00
83,930 00
Amount Invested.
$10,000
50,000
3«,000
100,000
00
00
CO
00
20,000 00
77,000 00
$1,814,000 $1,970,710 00 $1,814,000 00
B a n k St o c k .
Third Nat’l Bank, Springfield,
Boston Nat’l Bank, Boston,
NatM Hide and Leather B’k, Boston,
Nat’l Bank of Republic, Boston,
Second Nat’l Bank. Boston,
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‘1 Bank, Boston, .
Revere Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Webster Nat’l Bank. Boston, .
Nat’l Commonwealth Bank, Boston,
Nat’l Commerce Bank, Boston,
Merchandise Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
First Nat’l Bank, Marlboro’, .
Nat’l Eagle Bank, Boston,
Atlas Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,.
Nat’l City Bank, Boston, .
$10,000
15,000
32,500
15,000
12,000
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
12,400
10,000
1,700
10,000
10,000
10,000
5,000
10,000
6,700
$16,000
17,100
37,050
18,750
17,640
49,500
41,922
19,494
11,000
41,080
10,500
26.000
19,050
22,400
25,425
6,251
7,425
30,520
13,640
9,550
2,125
11.200
9,800
10,200
6,000
11,700
7,169
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$420,700 $498,491 00
R a il r o a d
Eastern Railroad bonds, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
15,000
32,500
15,000
12,000
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
12,400
10,000
1,700
10,000
10,000
10,000
5,000
10,000
6,700
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$420,700 00
B onds.
$140,000 $155,400 00
$140,000 00
32
BANK COMMISSIONERS’ REPORT.
[Jan.
BOSTON PEN NY SAYINGS BANK — BOSTON.
Incorporated 1864.
Number of corporators, 100.
G e o r g e W . P o p e , President.
H e n r y R. R
eyn o ld s,
Treasurer.
Statem en t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$854,582 94
19,228 10
18,141 61
s s e t s
.
Bank stock...................................
Loans on bank stock,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Expense account,
Accrued interest,
Cash on hand, .
.
.
.
$103,690
5,500
115,000
3,849
519,200
95,000
34,624
464
10,602
4,020
$891,952 65
50
00
00
20
00
00
84
95
72
44
$891,952 65
Loans on Bank Stock, amount on each : —
On 5 shares Mechanics’ National Bank, Boston,
On 58 shares Fourth 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 s a m e , ............................................ ........
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate, .
.
.
.
.
$500
5,000
00
$115,000
00
00
1 0 0 ,0 0 0 00
3,849 20
3,200 00
180 00
1,405 90
Cash on Deposit in Bank: —
Mount Vernon National Bank, B o ston ,....................................
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous
y e a r , .........................................................................................
•
• $34,624 84
per cent., j
2 per cent., 1
Times for the dividends, fixed by the by-laws: 2d Wednesday in April and
October.
The total amount of loans, with each specified rate of interest: $447,5.50, 5
per cent.; $11,700, 5£ per cent.; $141,400, 6 per cent.; $24,050, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each....................................................
42
Aggregate amount of the same......................................................................
.
Number of open a c c o u n t s , ..................................................... ........
6,048
Number and amount of deposits (including dividends) received for pre
vious y e a r , .........................................................................................
7,525
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r , ................................................................................ 149
Number and amount of w ith d ra w a ls ,.............................................
4,308
Number of accounts opened the previous y e a r , ....................................988
Number of accounts closed the previous y e a r , ....................................810
Amount of expenses of the corporation during the previous year,
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : February 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
2
$39,438 89
15,500 65
15,831 24
77,900 00
280,884 80
82,702 00
248,153 86
5,360 65
10,000 00
1885.]
PUBLIC DOCUMENT — No. 8.
B an*
St o c k .
Par Value.
Everett Nat’l Bank, Boston, .
Nat’l Hide and Leather B’k, Boston,
Atlas Nat’l Bank, Boston,
Manufacturers’ Nat’l Bank, Boston,.
Merchants’ Nat’l Bank, Boston,
Nat’l Bank No. America, 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, .
Nat’l Bank of Commerce, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
33
Estimated
Market Value.
Amount Invested.
$15,000
10,000
5,000
5,000
2,500
5,000
5,000
5,000
4,100
■ 4,800
4,200
1,100
7,000
5,000
3,700
$15,375 00
11,662 50
5,862 50
4,850 00
3,337 50
5,150 00
5,450 00
5,625 00
4,243 50
4,800 00
6,426 00
1,284 25
13,965 00
5,675 00
4,107 00
$16,725 00
11,550 00
6,300 00
5,325 00
3,600 00
5,525 00
5,175 00
6,050 00
5,084 00
5,448 00
6,384 00
1,402 50
14,210 00
6,250 00
4,662 00
$82,400
$97,813 25
$103,690 50
34
BANK COMMISSIONERS’ REPORT.
[Jan.
BRAINTREE SAYINGS BANK — SOUTH BRAINTREE.
Incorporated March 21, 1870.
Number of corporators, 32.
B e n j a m in F. D y e r , President.
C h a s . H . H o b a r t , Treasurer
State m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$123,397 71
2,912 40
1,725 78
$128,035 89
s s e t s
.
Public funds,
.
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Railroad bonds,
Loans on real estate,
Loans to counties, cities or
t o w n s , ...................................
Deposit in bank, on interest, .
P rem ium ,...................................
$13,000 00
500 00
27,118 24
2 0 ,0 0 0 00
52,940 00
7,500 00
5,277 65
1,700 00
$128,035 89
Loans on Public Funds : —
On $1,000 United States b o n d s , ...................................................................... $500 00
Cash on Deposit in Bank: —
Shawmut Nat’l Bank, B o s t o n , .......................................................................$5,277 65
Whole amount of interest or profits received or earned,
.
.
.
.
6,283 24
Rate and amount of each semi-annual dividend for previous ) 2 per cent., (
2,137 08
y e a r , ........................................................................................ ¡ 2 per cent.) \
. 2,247 08
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: $7,500,
4£ per cent.; $48,780, 6 per cent.; $4,660, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,...................................................................................................... 54
Aggregate amount of the s a m e , .......................................................................
60,940 00
Number of open a c c o u n t s ,.......................................................................417
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 338
31,418 29
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................
23
13,046 97
Number and amount of w ith d ra w a ls,..................................................... 239
21,224 61
Number of accounts opened the previous y e a r , ......................................... 5 4
Number of accounts closed the previous year,
.
•
• .
. 46
Amount of expenses of the corporation during previous year,
.
.
.
287 75
Amount of treasurer’s b o n d ,................................................................................
5,000 00
Date of examination by commissioners : October 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
35
P U B L IC D O C U M E N T — N o. 8
1885.]
P u b l ic F
u n ds.
Par Value.
$3,000
1,000
2,000
3,000
2,000
2,000
City of New Bedford 5s, .
of Fall River 6s,
of Boston 6s,
Town of Brookline 5s,
City of Worcester 4s,
of Manchester 4s,
R a il r o a d
00
00
00
00
00
00
$700
2,200
2,000
$931 00
2,640 00
2,000 00
$920 50
2,591 50
2,096 25
1,600
1,500
3,100
1,000
2,000
1,800
1,000
1,300
2,500
800
2,500
1,920
1,800
3,224
1,030
2,320
2,052
1,170
1,472
2,609
848
2,400
00
00
00
00
00
00
00
25
37
00
00
1,920
1,616
3,295
1,138
2,498
1,982
1,150
1,472
* 2,609
1,002
2,825
00
25
37
75
75
25
00
25
37
00
00
$26,416 62
$27,118 24
$5,000
2,000
3,000
$5,050 00
2,200 00
3,090 00
$5,000 00
2,000 00
*3,000 00
5,000
5,900 00
5,000 00
5,000
5,550 00
5,000 00
$20,000
$21,790 00
$20,000 00
B o n ds.
This bank has been notified that this investment is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000
1,000
2,000
3,000
2,000
2,000
$13,000 00
$24,000
*
00
00
00
00
00
00
St o c k .
Merchants’ Natl Bank, Boston,
Union Nat’l Bank, Weymouth,
Manufacturers’ Nat’l Bank, Boston,
Union Market Nat’l Bank, Watert o w n , ........................................
State Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Commonwealth Nat’l Bank, Boston,
Hide and Leather Nat’l Bank, Boston,
Merchandise Nat’l Bank, Boston, .
Brockton Nat’l Bank, Brockton,
Freeman’s Nat’l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston,
Newport & Richford Railroad 5s, .
Fitchburg Railroad 5s,
Boston & Lowell Railroad 4|s,
Connecticut & Passumpsic Rivers
Railroad 7s...................................
Vermont & Massachusetts Railroad
5 s ,................................................
$3,510
1,190
2,360
3,375
2,160
2,080
Amount Invested.
$14,675 00
$13,000
B ank
Estimated
Market Value.
36
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
B R IDGEW ATER SAYINGS B A N K — BRIDGEW ATER.
Incorporated March 19, 1872... Number of corporators, 19.
S a m u e l P. G a t e s , Treasurer.
S p e n c e r L e o n a r d , President.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Suspense account,
Profit and loss acc’t, .
A
.
$259,423
3,742
6,510
31
1,500
85
48
00
00
00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank on interest, .
Cash on hand, .
.
.
.
$271,207 33
$13,000
38,361
565
14,000
3,500
151,157
31,790
00
99
00
00
00
00
30
3,400 00
7,237 55
8,195 49
$271,207 33
Loans on Bank Stock, amount on each: —
On 1 share Bristol County National Bank, T a u n t o n ,...................................
On 4 shares Eliot National Bank, Boston, j
............................................
On 1 share First National Bank, Boston, j
$85 00
^
Amount of real estate held by foreclosure,.....................................................$3,500 00
Assessed value of the s a m e ,...............................................................................
2,350 00
Amount of income received from the s a m e ,.....................................................
150 00
Amount of municipal tax on real e s t a t e , .....................................................
35 25
Cash on Deposit in Bank : —
First National Bank, Boston,............................................................................... $7,237 55
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ............................................................................... 12 per cent., 1
Times for the dividends, fixed by the by-laws : April 1st and October 1st.
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: $3,000,
4J per cent.; $13,400, 5 per cent.; $162,722.30, 6 per cent.; $7,025, 7 per
cent.; $ 2 0 0 , 8 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................... 142
Aggregate amount of the s a m e , ......................................................................
Number of open a c c o u n t s , .......................................................................1,016
Number and amount of deposits (including dividends), received for pre
vious year....................................................................................................... 910
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................
89
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$13,531 38
4,330 49
4,709 06
145,347 30
102,715 87
50,123 06
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
38
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
BRIGHTON F IVE CENTS SAVINGS BANK — BOSTON.
Incorporated 1861.
N. W
arren
Number of corporators, 104.
B e l a S. F i s k e , Treasurer.
S a n b o r n , President.
Statem en t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A ssets.
.
$173,966 41
9,550 90
4,500 90
$188,018
$ 1 ,0 0 0
35,413
3,780
34,353
107,640
5,000
Loans on public funds,
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, not on inter
est........................................................................................
Expense account,
.
.
.
Cash on hand, .
.
.
.
21
00
13
00
68
00
00
122 38
496 80
2 12 22
$188,018
21
$ 1,000
00
Loans on Public Funds, amount on each : —
On $1,200 State of Maine 6 ’s ; $100 U. S. 4’s,
$34,353 68
26,150 00
1,474 12
350 67
Amount of real estate held by foreclosure, .
.
.
.
Assessed value of the s a m e , .....................................................
Amount of income received from the same...............................
Amount of municipal tax on real estate....................................
Cash on Deposit in Bank: —
National Market Bank of Brighton, Boston,
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 'i
y e a r , ........................................................................................ ... f
$122
2
2
per cent., J
per cent., 1L
38
$9,353 65
2,996 22
3,083 38
Times for the dividends, fixed by the by-laws : first Saturday in January
and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 4 26-100.
The total amount of loans, with each specified rate of interest: $87,150,
6 per cent.; $9,100, 6 J per cent.; $7,690, 7 per cent.; $3,600, 7Jt per
cent.; $ 1 00 , 8 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,...........................................
49
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received..............................
Number of open a c c o u n t s , ..........................................................................845
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 981
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year....................................................................................
22
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
62,340 00
2,000 00
49,028 05
16,000 00
1885.]
39
P U B L IC D O C U M E N T — N o. 8.
Number and amount of w ith d ra w a ls,...................................
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 7.
B
ank
Nat’l Webster Bank, Boston, .
Nat’l Market Bank, Brighton, .
Old Boston Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Third Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Everett Nat’l Bank, Boston,
Metropolitan Nat’l Bank, Boston, .
Eliot Nat’l Bank, Boston,
Hide and Leather N’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Revere Nat’l Bank, Boston,
Central Nat’l Bank, Boston,
First Nat'l Bank, Lynn, .
Union Market Nat’l B’k, Watertown,
$4,500
3,000
1,550
2,500
2,500
2,300
2,100
1,900
1,800
1,500
1,500
1,200
1,000
1,000
500
500
500
500
400
$30,750
a il r o a d
Old Colony Railroad 7s, .
Boston and Maine Railroad 7s,
«
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$33,952 87
1,676 48
1 0 ,0 0 0 0 0
Sto c k .
Par Value.
R
. 367
. 168
. 116
Estimated
Market Value.
$4,545
4,207
1,860
2,593
2,125
2,426
2,399
1,947
1,931
1,741
1,740
1,239
1,127
1,175
567
591
300
600
440
00
50
00
75
00
50
25
50
50
25
00
00
50
00
50
25
00
00
00
Amount Invested.
$4,500
4,500
1,922
2,755
2,500
2,830
2,359
2,151
1,800
1,732
1,635
1,200
1,208
1,132
610
585
1,000
591
400
00
00
00
00
00
00
25
75
00
50
00
00
25
50
00
00
00
88
00
$33,557 50
$35,413 13
$2,000
1,000
$2,455 00
1,241 25
$2,520 00
1,260 00
$3,000
$3,696 25
$3,780 00
B o n ds.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
40
[Jan.
BRISTOL COUNTY SAVINGS BANK — TAUNTON.
Incorporated March 2, 1816.
J o se p h E. W
il b u r ,
Number of corporators, 112.
President.
A l f r e d C. P l a c e , Treasurer.
Statem ent.
L
ia b il it ie s
.
A
s s e t s
.
<
Deposits, .
Earnings undivided, .
Guaranty fund, .
Suspense, .
$2,942,553 30
21,806 87
78,000 0 0
17 15
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad stock, .
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.........................................
Loans on bank books,
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$3,042,377 32
$336,000 00
1 ,000 00
243,100 00
200 00
125,000
500
25,000
1,367,158
902,166
00
00
00
84
03
1 0 ,0 0 0 00
3,740
27,693
397
422
00
11
14
20
$3,042,377 32
Loans on Public Funds : —
On $1,000 United States 4 £ s , ............................................................................... $1,000 00
Loan on Bank Stock: —
On 2 shares Bristol County National Bank, T a u n to n ,................................... $200 00
Loan on Railroad Stock : —
On 5 shares Boston and Albany R a i l r o a d , .....................................................$500 00
Invested in real estate (for banking p u r p o s e s ) ,............................................ $25,000 00
Estimated value of the s a m e ,...............................................................................
40,000 00
Amount of municipal tax on real e s t a t e , .....................................................1,160 11
Cash on Deposit in Banks, amount in each: —
Bristol County National Bank, Taunton...............................................................$24,201 82
Maverick National Bank, B o s t o n ,.......................................................................
2,975 64
National Bank of the Republic, Boston,..................................................... ........
515 65
Whole amount of interest or profits received or earned,
.
.
.
.
$161,744 77
Rate and amount of each semi-annual dividend for previous j 2 per cent., f 55,571 00
year...............................................................................................J 2 per cent., 1
56,416 34
Times for the dividends, fixed by the by-laws: April 1 and Oct. 1.
The total amount of loans, with each specified rate of interest: $47,500, 4|
per cent.; $145,000, 4£ per cent.; $90,000, 4f per cent.; $25,000, 4£ per
cent.; $300,507, 5 per cent.; $9,081.53, 5^ per cent.; $131,700, 5£ per cent.;
$22,500, 5| per cent; $1,513,476.34, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h , ........................................................................................1,008
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
41
Aggregate amount of the s a m e , ..............................................................$1,032,412 74
Number of open a c c o u n t s , ..................................................... ........
8,464
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
5,937 602,434
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r , ............................................................................... 381 243,243
Number and amount of w ith d r a w a ls ,................................... .
5,439 522,140
Number of accounts opened the previous year,
.
.
.
.
1,150
Number of accounts closed the previous year,
.
.
.
.
995
Amount of expenses of the corporation during previous year,
.
.
.
5,970
Amount of treasurer’s b o n d , ...............................................................................
20,000
Date of examination by commissioner; Aug. 11.
78
83
64
00
00 ,
P u blic F u n d s .
Par Value.
United States 4s,
“
“ 4-|s,
.
.
.
.
.
.
.
State and city bonds : —
City of Taunton,
. . . .
of Providence, R. I . .
of Brockton.............................
of New Bedford,
of Boston,
. . . .
of Cambridge, . . . .
of Fall River, . . . .
of Lowell,
. . . .
of Springfield, . . . .
of Portsmouth, N. H.
of Dover, N. H.,
State of New Hampshire,
Estimated
Market Value.
$50,000
50,000
$60,900 00
56,875 00
50,000
50,000
30,000
20,000
10,000
10,000
10,000
10,000
6,000
5,000
10,000
10,000
51,000 00
57,500 00
32,100-00
23,000 00
11,800 00
11,300 00
11,400 00
11,100 00
7,560 00
5,850 00
11,900 00
12,200 00
$321,000 $364,485 00
Amount Invested.
$55,000 00
55,000 00
50,000
55,000
30,000
20,000
10,000
10,000
10,000
10,000
6,000
5,000
10,000
10,000
00
00
00
00
00
00
00
00
00
00
00
00
$336,000 00
B a n k St o c k .
Machinists’ Nat’l Bank, Taunton, .
Bristol County Nat’l Bank, Taunton,
Taunton Nat’l Bank, Taunton,
Nat’l Bank of Fairhaven,
Third Nat’l Bank, Springfield,
Atlantic Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Everett 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,
Hamilton Nat’l Bank, Boston, .
Howard Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$16,200
5,000
1,700
2,000
10,000
10,000
10,000
5,000
8,400
2,500
1,000
10,000
5,000
2,000
5,000
$28,830
8,650
2,800
2,000
18,000
15,000
11,200
6,200
8,560
3,050
1,300
19,950
5,250
2,400
5,650
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$27,200
8,000
2,700
2,000
17,000
14,000
10,000
6,000
8,400
2,500
1,000
19,000
5,000
2,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
42
B A N K C O M M IS S IO N E R S ’ R E P O R T .
B
ank
Sto ck —
Concluded.
Par Value.
Metropolitan Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
Mount Vernon Nat’l Bank, Boston,.
Nat’l Bank of Commerce, Boston, .
Nat’l Bank of No. America, Boston,
Nat’l Bank of Redemption, Boston,.
Nat’l Exchange Bank, Boston,
Nat’l Eagle Bank, Boston,
Nat’l Hide and Leather B’k, Boston,
Nat’l Rockland Bank, Boston,.
Nat’l Union Bank, Boston,
North Nat’l Bank, Boston,
People's Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston, .
State Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, ,
$6,000
10,000
2,000
10,000
2,500
10,000
5,000
2,000
5,000
5,000
4,500
10,000
5,000
5,000
10,000
5,300
5,000
Estimated
Market Value.
$6,660
13,300
2,500
11,100
2,575
11,000
5,700
2,100
5,800
6,750
6,165
12,000
7,900
5,700
11,700
7,900
5,200
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$196,100 $262,890 00
R
a il r o a d
Boston, Clinton, Fitchburg, & New
Bedford Railroad, . . . .
Fitchburg Railroad, . . . .
Vermont & Massachusetts, R.R.,
Boston, Revere Beach & Lynn R.R.,
Boston & Albany R.R.,
Old Colony R.R.,. . . . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Jan.
B
Amount Invested.
$6,000
13,000
2,000
10,000
2,500
10,000
5,000
2,000
5,000
6,000
5,500
11,000
7,000
5,000
11,000
7,300
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$243,100 00
onds.
$50,000
20,000
20,000
15,000
10,000
10,000
$55,000
21,800
21,800
16,350
11,900
11,700
00
00
00
00
00
00
$125,000 $138,550 00
$50,000
20,000
20,000
15,000
10,000
10,000
00
00
OtJ
00
00
00
$125,000 00
1885.]
43
P U B L IC D O C U M E N T — N o. 8.
B R OADW AY SAYINGS BANK — LAW RENCE.
Incorporated 1872.
Number of corporators, 26.
J o h n F a l l o n , President.
G i l b e r t E . H o od , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Balance of Smith fund,
A
.
$649,298
16,369
15,500
23,355
71
64
00
80
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, ............................................
Cash on hand, .
.
.
.
$704,524 15
$150,000 00
2 ,0 0 0 0 0
127,900
1,600
56,480
191,591
83,110
86,176
00
00
00
00
00
50
5,000 00
6 6 6 65
$704,524 15
Loans on Public Funds : —
On $2,000 Lawrence water b o n d s,.......................................................................$2,000 00
Loans on Bank Stock : —
On 57 shares Lawrence National Bank,.............................................................. $1,600 00
Amount of real estate held by foreclosure,..................................................... $56,480 00
Assessed value of the s a m e ,...............................................................................
57,100 00
Amount of income received from the s a m e ,.....................................................
2,152 87
.
.
.
.
.
.
.
982 58
Amount of municipal tax on real esrate,
Cash on Deposit in Banks, amount in each: —
National Bank of the Republic, B o s t o n , .....................................................$296 02
Lawrence National Bank, L a w r e n c e ,..............................................................
90,880 48
Whole amount of interest or profits received or earned,
.
.
.
.
$36,993 45
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f 11,768 35
y e a r , ............................................................................... J2J per cent., t
15,141 05
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: 5J. (Extra dividend, October, 1882.)
The total amount of loans, with each specified rate of interest: $25,000, 4£
per cent.; $12,000, 5 per cent.; $25,800, 5J per cent.; $179,905, 6 per
cent ; $6,675, 6 J per cent.; $28,921, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h , ........................................................................................ 194
Aggregate amount of the s a m e , .......................................................................
168,801 00
Amount of investments from which no income is received, .
.
.
.
1,400 00
Number of open a c c o u n t s ,...................................................................... 1,899
Number and amount of deposits (including dividends), received for previ
ous y e a r , ........................................................................................
1,487,
172,499 75
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
44
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,....................................................................................132
Number and amount of w ith d raw als,...........................................
1,010
Number of accounts opened the previous y e a r , .......................................303
Number of accounts closed the previous y e a r , .......................................293
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : April 7.
$79,649 57
128,829 52
$3,069 65
20,000 00
P u b l ic F u n d s .
Par Value.
United States 4s, registered,
.
Estimated
Market Value.
$150,000 $183,000 00
Amount Invested.
$150,000 00
B a n k St o c k .
Bay State 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,
Howard Nat’l Bank, Boston, .
Lawrence Nat’l Bank, Lawrence, .
Manufacturers’ Nat’l Bank, Boston,
Market 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,
Tremont Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,850
4,400
10,000
5,000
5,000
5,000
3,300
5,000
1,500
5,000
7,800
5,000
5,000
5,000
5,000
7,600
10,000
10,000
16,900
5,000
$7,680
4,554
10.900
5,250
6,000
5,100
3,265
6,000
1,710
6,000
8,580
4,750
4,600
5,150
5,850
8,740
9,500
11,130
17,322
5,050
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$126,350 $137,131 00
$6,400
4,400
10,000
5,000
5,000
5,000
3,300
5,000
1,500
5,000
7,800
5,000
5,000
5,000
5,000
7,600
10,000
10,000
16,900
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$127,900 00
45
P U B L IC D O C U M E N T — N o. 8
1885.]
BROCKTON SAYINGS BANK — BROCKTON.
Incorporated 1881.
J o h n J. W
h ip p l e ,
President.
Number of corporators, 49.
C l a r e n c e R . F il l e b r o w n , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$371,923 47
1.040 25
3.040 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
$376,003 72
$9,985
10,904
80
26,600
218,425
94,090
15,503
128
286
00
75
00
00
00
00
80
63
54
$376,003 72
Loans on Bank Stock: —
On 1 share Randolph National Bank, Randolph,............................................
$80 00
Cash on Deposit in Bank: —
Brockton National Bank, B r o c k t o n ,..............................................................$15,503 80
$16.923 29
Whole amount of interest or profits received or earned,
.
.
.
.
4,851 71
Rate and amount of each semi-annual dividend for previous 0 2 per cent.', f
5,960 96
y e a r , ............................................................................... I 2 per cent., \
Times for the dividends, fixed by the by-laws : April 15, October 15.
The total amount of loans, with each specified rate of interest: $28,500, 5
per cent.; $266,015, 6 per cent.; $10,750, 6 £ per cent.; $7,000, 7 per cent.;
$250, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each,
.............................................................................................................175
184,915 00
Aggregate amount of the s a m e , ......................................................................
Number of open accounts.............................................................................. 2,113
Number and amount of deposits (including dividends), received for pre
264,434 71
vious y e a r , ................................................................................................ 3,811
Number and amount of deposits of and exceeding $300 at any one time,
92,351 32
for the previous y e a r ,.................................................................................. 174
147,723 00
Number and amount of withdrawals,..................................................... 1,956
Number of accounts opened the previous year, .
.
.
.
1,064
Number of accounts closed the previous year,
.
.
.
.
.
419
1,057 06
Amount of expenses of the corporation during previous year,
15,000 00
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: June 27.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
46
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan,
P u b lic F u n d s .
Par Value.
City of Brockton 4s,.
of Brockton 5s,.
Bank
a il r o a d
Newport & Richford Railroad,
Boston, Revere Beach & Lynn R. R.,
Boston & Lowell Railroad,
Old Colony Railroad,
Vermont & Massachusetts Railroad,
Boston & Maine Railroad,
Worcester & Nashua Railroad,
Nashua & Rochester Railroad,
$4,000
5,700
$4,120 00
6,555 00
$4,000 00
5,985 00
$9,700
$10,675 00
$9,985 00
$1,000
1,000
1,800
5,000
2,000
$950
1,150
1,854
5,400
2,280
00
00
00
00
00
$10,800
$11,634 00
$1,000
1,104
1,800
5,000
2,000
00
75
00
00
00
$10,904 75
B onds.
$5,000
1,100
2,000
1,000
5,000
5,000
5,500
1,000
$25,500
$5,175
1,110
2,340
1,190
5,525
6,100
5,665
1,030
00
00
00
00
00
00
00
00
$28,135 00
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount Invested.
St o c k .
Manufacturers1 Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Tremont Nat’ l Bank, Boston, .
Brockton Nat’l Bank, Brockton,
Home Nat’l Bank, Brockton, .
R
Estimated
Market Value.
* This hank has been notified that this investment is illegal.
$5,000
1,050
*2,200
1,100
5,250
5,500
5,500
1,000
00
00
00
00
00
00
00
00
$26,600 00
P U B L IC D O C U M E N T — No. 8.
1885.]
47
BROOKFIELD SAYINGS BANK — BROOKFIELD.
Incorporated April 12, 1872.
Number of corporators, 35.
H e n r y D . F a l e s , President.
H i r a m P . G e r a l d , Treasurer.
State m e n t.
L
ia b il it ie s
A
.
Deposits, .
Earnings undivided, .
Guaranty fund, .
$42,344 59
1,077 76
738 23
s s e t s
.
Loans on real estate,
Loans on personal security,' .
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest,.
Expense account,
Cash on hand, .
.
.
.
$44,160 58
$26,451 62
5,850 00
6,500 00
4,752 21
75 00
531 75
$44,160 58
Cash on Deposit in Banks, amount in each : —
Spencer National B a n k ,................................... '
•
•
•
•
•
First National Bank, W o rc e s te r ,......................................................................
$4,000 00
752 21
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous j 2 per cent., j
year.......................................................................................12 per cent., 1
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 2-5.
The total amount of loans, with each specified rate of interest: $6,500, 4
per cent.; $1,500, 5 per cent.; $3,500, 5J per cent.; $27,326, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
. 57
$3,000 e a c h ,........................................................................................
Aggregate amount of the s a m e , .....................................................
338
Number of open a c c o u n t s ,..............................................................
Number and amount of deposits (including dividends), received for çrevi313
ous year.............................................................
Number and amount of deposits of and exceeding $300 at any one time,
. 42
for the previous y e a r ,.......................................................................
. 323
Number and amount of w ith draw als,............................................
. 76
Number of accounts opened the previous year,
.
.
.
.
. 66
Number of accounts closed the previous year...................................
Amount of expenses of the corporation during previous year, .
Amount of treasurer’s b o n d ,..............................................................
Date of examination by commissioner: July 7.
$2,308 87
690 64
744 07
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
38,826 62
21,520
00
21,372 07
20,446 16
150
00
10,0 0 0 00
B A N K C O M M IS S IO N E R S ’ R E P O R T .
48
[Jan.
BROOKLINE SAVINGS BANK — BROOKLINE.
Incorporated Feb. 24, 1871.
Number of corporators, 58.
W m . H. L in c o l n , President.
W m . E. L in c o l n , Treasurer.
Sta te m e n t.
L
ia b il it ie s
Deposits,
Eaxmings undivided,
Guaranty fund, .
.
A
.
#198,075 51
2,184 02
2,480 46
s s e t s
.
$14,750
34,834
4,326
120,337
16,000
11,294
407
631
50
108
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Expense account,
.
I n te r e s t,...................................
Tax t it l e ,...................................
Cash on hand, .
.
.
.
00
63
22
50
00
00
53
17
76
18
$202,739 99
$202,739 99
$4,326
2,400
300
56
Amount of real estate held by foreclosure,
Assessed value of the same, .
Amount of income received from the same,
Amount of municipal tax on real estate,
22
00
00
10
Cash on Deposit in Banks, amount in each : —
Shawmut National Bank, B o ston ,.......................................................................$10,231 25
Central National Bank, B o s t o n , ......................................................................
1,062 75
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous >2 per cent, t
year............................................................................................>2 per cent., (
Times for the dividends, fixed by the by-laws: second Monday in January
and July.
The total amount of loans, with each specified rate of interest: $49,500, 5
percent.; $17,500, 5£ per cent.; $43,587.50,6 per cent.; $5,150, 7 per
cent.; $1,500, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................... 38
Aggregate amount of the s a m e , .......................................................................
A m ou n t o f investments from w hich no incom e is received, .
.
.
.
Number of open a c c o u n t s ,....................................................................... 1,358
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
2,281
Number and amount of deposits of and exceeding $300 atany one time,
for the previous y e a r ,..............................................................................37
Number and amount of w ith d raw als,.................................................. 947
Number of accounts opened the previous y e a r , .................................312
Number of accounts closed the previous y e a r , ................................ 214
A m ou n t o f expenses o f the corporation during previous year,
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : November 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,502 19
2,946 62
3,266 45
45,037 50
1,41678
83,50235
18,573 13
51,229 96
.
1,178 00
5,000 00
1885.]
49
P U B L IC D O C U M E N T — N o. 8
P u b l ic F
u n d s.
Par Value.
Brookline water scrip 7s, 1898,
Brookline water scrip 4|s, 1893,
B
ank
Nat’l City Bank, Boston, .
Central Nat’l Bank, Boston,
Merchandise Nat’ i Bank, Boston,
Revere Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, . . .
Eagle Nat’l Bank, Boston,
Amount I nvested.
$1,000
10,000
$5,200 00
10,550 00
$1,200 00
10,550 00
$14,000
$15,750 00
$14,750 00
Sto c k .
$5,000
7,500
5,000
3,700
3,000
1,200
$25,400
*
Estimated
Market Value.
$5,500
12,000
4,800
4,394
3,097
1,269
00
00
00
00
50
00
$31,060 50
$5,531
*15,588
5,000
4,057
3,344
1,314
$34,834 03
This bunk has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
25
00
00
00
13
25
B A N K C O M M IS S IO N E R S ’ R E P O R T .
50
[Jan.
CAMBRIDGEPORT SAYINGS BANK — CAMBRIDGE.
Incorporated March 16, 1853.
Number of corporators, 11.
J o se p h A. H o l m e s , President.
E davaed H y d e , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$2,710,740 14
45,637 36
60,000 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$2,816,377 50
$463,600
98,100
221,000
1,119,971
842,000
67,106
2,344
2,255
00
00
00
56
00
10
84
00
$2,816,377 50
Amount of real estate held by foreclosure,..................................................... *$6,000 00
Assessed value of the same, .
.
.
.
.
.
.
.
.
.
6,600 00
Amount of municipal tax on real e s t a t e , .....................................................
570 91
Cash on Deposit in Banks, amount in each : —
First National Bank, Cambridge,.......................................................................$55,021 23
Cambridgeport National Bank, Cambridge,............................................ ........
12,084 87
Whole amount of interest or profits received or earned................................... $171,549 39
Rate and amount of each semi-annual dividend for previous ) 2 per cent, f
49,442 64
y e a r , ............................................................................... J 2 per cent., i
51,738 35
Times for the dividends, fixed by the by-laws: third Wednesday in Jan
uary and July.
The total amount of loans, with each specified rate of interest: $169,500,
4 per cent.; $25,000, 4| per cent.; $630,000, 4j per cent.; $25,000, 4|
percent.; $604,265.08,5 percent.; $85,250, 5£ per cent.; $283,681.67,6
per cent.; $115,820, 6^ per cent.; $13,954.81, 7 per cent.; $5,900, 7
per cent.; $3,600, 7£ per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.....................................................................................................323
Aggregate amount of the s a m e , .......................................................................
446,551 00
Number of open a c c o u n t s ,..............................................................7,756
Number and amount of deposits (including dividends), received for pre
vious y e a r , .........................................................................................
7,426
597,575 18
Number and amount of deposits of and exceeding $300 at any one time,
211,670 00
for the previous y e a r ,................................................................................ 363
Number and amount of w ithdraw als,............................................
5,135
464,327 20
Number of accounts opened the previous year,
.
.
.
.
1,134
Number of accounts closed the previous y e a r , ....................................... 776
Amount of expenses of the corporation during previous year,
.
.
.
6,000 00
Amount of treasurer’s b o n d ,................................................................................
20,000 00
Date of examination by commissioner: April 19.
* This bank has closed its foreclosed real estate account, having realized enough from sales
already made to balance it, and has remaining real estate amounting to $6,000, which has been
carried to “ Earnings undivided.”
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
51
P U B L IC D O C U M E N T — N o . 8.
P u b l ic F u n d s .
Estimated
Market Value.
$245,000 $298,900 00
1,237 50
1,100
United States 4s, registered, .
United States 4is, registered, .
City and town bohds: —
City of Cambridge, . .
of Worcester, . .
of Boston,
. .
of Taunton,
. .
of Cleveland, Ohio, .
of New Bedford,
Town of Woburn, . .
of South Abington,
of Watertown,
of Scituate, . .
.
.
.
.
.
.
.
.
.
.
.
.
7,000
50,000
8,000
35,500
31,000
5,000
32,000
19,000
10,000
20,000
7,262
50,500
8,128
35,855
32,240
5,750
32,320
19,190
10,100
20,200
50
00
00
00
00
00
00
00
00
00
$463,600 $521,683 00
B
ank
$4,000
7,500
5,600
5,000
5,000
10,000
10,000
15,000
5,000
20,600
1,400
4,000
5,000
$4,910
7,575
6,216
5,162
6,512
12,000
10,375
16,912
4,937
28,325
2,240
6,240
8,000
00
00
00
50
50
00
00
50
50
00
00
00
00
$98,100 $119,406 00
a il r o a d
Fitchburg Railroad, . . . .
Old Colony Railroad,
Vermont & Massachusetts Railroad,
Boston & Albany Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
7,000
50,000
8,000
35,500
31,000
5,000
32,000
19,000
10,000
20,000
00
00
00
00
00
00
00
00
00
00
$463,600 00
St o c k .
Eliot Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Nat’l Bank of Commerce, Boston, .
Blackstone Nat’l Bank, Boston,
Washington Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Suffolk Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Union Nat’l Bank, Boston,
Nat’l City Bank, Cambridge, .
Cambridgeport N’l B’k, Cambridge,
First Nat’l Bank, Cambridge, .
R
$245,000 0(J
1,100 00
B
$4,000
7,500
5,600
5,000
5,000
10,000
10,000
15,000
5,000
20,600
1,400
4,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
$98,100 00
onds.
$78,000
20,000
60,000
63,000
$82,395
24,525
66,300
74,970
00
00
00
00
$221,000 $248,190 00
$78,000
20,000
60,000
63,000
00
00
00
00
$221,000 00
52
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
CAMBRIDGE SAYINGS BA N K — CAMBRIDGE.
Incorporated April 2,1834.
Number of corporators, 64.
C h a r l e s W . S e v e r , President.
J a m e s M. T h u r st o n , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$2,135,204 18
45,254 22
40,500 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Loans to railroads, .
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$2,220,958 40
$171,192
85,000
279,718
75.000
5,997
62,533
663,778
721,800
50
00
85
00
50
76
85
00
50.000
50.000
52,539
1,244
2,153
00
00
37
43
14
$2,220,958 40
Loan on Public Funds : —
On $85,000 United States 4 s , ................................................................................$85,000 00
Loans on Bank Stock, amount on each : —
On 100 shares National Hide and Leather Bank, Boston, \
On 170 shares Railroad National Bank, Lowell, .
.
f
On 500 shares Maverick National Bank B o s to n ,............................................
000 00
50,000 00
Amount of real estate held by foreclosu re,..................................................... $62,533 76
Assessed value of the s a m e , ................................................................................
64,650 00
Amount of income received from the same, .
.
.
.
.
.
1,608 00
Amount of municipal tax on real e s t a t e , .....................................................
1,074 35
Cash on Deposit in Banks, amount in each : —
Charles River National Bank, C a m b rid g e ,..................................................... $12,654 07
1,799 90
Maverick National Bank, B o sto n ,......................................................................
National Revere Bank, B o s t o n , .......................................................................
30,831 32
National Bank of Redemption, Boston,..............................................................
7,254 08
Whole amount of interest or profits received or earned,
.
.
.
.
$104,266 82
Rate and amount of each semi-annual dividend for previous 1 2 per cent, f 39,094 32
y e a r , ........................................................................................ j 2 per cent., \
39,844 54
Times for the dividends, fixed by the by-laws: fourth Thursday in Jan
uary and July.
The total amount of loans, with each specified rate of interest: $50,000,
3 7-8 per cent.; $155,000, 4 per cent.; $40,000, 4| per cent.; $314,000,
per cent.; $50,000, 4| per cent.; $500,300, 5 per cent.; $37,000, 5^ per
cent.; $71,000, 5£ per cent.; $292,228.85,6 per cent.; $41,800,6^ per cent.;
$55,950, 7 per cent.; $ 3 5 , 7 0 0 , per cent.; $2,600, 8 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
53
P U B L IC D O C U M E N T — N o . 8.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .......................................................................................................... 258
Aggregate amount of the same,
.
. . .
Amount of investments from which no income is received, .
6,101
Number of open a c c o u n t s ,.....................................................
r preNumber and amount of deposits (including dividends), receiv*
6,480
vious y e a r , ................................................................................
time,
Number and amount of deposits of and exceeding $300 at anj
. 312
for the previous y e a r , ............................................ ........
4,497
Number and amount of w ith draw als,...................................
. 924
Number of accounts opened the previous year,
. 622
Number of accounts closed the previous year,
$331,030 85
34,232 18
503,029 74
155,646 38
411,208 31
5,482 09
20,000 00
Amount of expenses of the corporation during previous year,
Amount of treasurer’s bond..........................................................
Date of examination by commissioner : June 3.
P ublic F u n d s .
Tar Value.
City of Fall River, . .
of Newburyport,
of Cambridge, . .
of Lowell,
. .
of Fitchburg, . .
of Providence, R. I.,
of Boston,
. .
of Springfield, . .
Town of Medford, . .
of Westboi-ough, .
State of Massachusetts, .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$21, 000
18,000
22,000
20,000
25,000
22,000
17,000
1,000
2,000
14,000
4,000
Estimated
Market Value.
$25,570
21,060
25,570
22,000
27,750
25,010
20,050
1,800
2,180
16,100
4,520
00
00
00
00
00
00
00
00
00
00
00
$166,000 $191,110 00
Amount Invested.
$20,150
18,090
21,932
19,400
25,125
24,035
20,015
1,350
2,220
14,875
4,000
00
00
50
00
00
00
00
00
00
00
00
$171,192 50
B an k Sto c k .
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,
Traders’ Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$15,900
26,500
1,800
10,700
4,200
900
6,900
9,300
11,400
5,800
13,400
1,000
5,000
14,500
8,300
11,700
$18,960
30,408
1,903
13,348
5,554
967
6,951
11,346
13,167
5,539
18,090
1,167
5,987
16,638
7,885
12,402
75
75
50
25
50
50
75
00
00
00
00
50
50
75
00
00
$19,054
29,134
2,203
12,489
5,484
997
8,919
11,590
12,831
6,280
18,207
1,206
5,481
17,836
8,300
14,003
25
37
25
12
75
25
26
00
49
63
25
25
25
50
00
25
54
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan
B a n k Stock — Concluded.
Nat’l Bank of Commerce, Boston, .
Exchange Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Hide and Leather Nat’l Bank, Bost o n , ........................................
Revere Nat’l Bank, Boston,
Union Nat’l Bank. Boston,
Charles River Nat’l Bank, Cambridge,........................................
Newton Nat’l Bank, Newton, .
Rockland Nat’l Bank, Roxbury,
Naumkeag Nat’l Bank, Salem,
First Nat’l Bank, New Bedford,
Nat’l Bank of Commerce, New Bedford,
........................................
First Nat’l Bank, Leominster, .
So. Framingham Nat’l Bank, Frami n g h a m , ................................
Third Nat’l Bank, Boston,
R
Boston & Albany R R. 7s,
Lowell & Andover R. R. 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
a il u o a d
.
Par Value.
Estimated
Market Value.
Amount Invested.
$12,500
1,100
1,100
$14,125 00
1,276 00
1,185 25
$15,309 99
1,575 75
1,241 88
2,800
14,600
500
3,311 00
17,629 50
697 50
3,144 00
17,499 99
719 00
2,500
4,600
3,000
5,000
6,000
4,375
5,152
4,110
7,300
8,070
5,000
5,000
6,175 00
3,000 00
6,160 00
6,200 00
5,000
20,000
6,575 00
17,400 00
5,000 00
20,598 12
$236,000 $270,699 00
$279,718 85
00
00
00
00
00
2,526
5,880
4,625
7,800
7,420
00
00
25
00
00
B o n ds.
$1,000
1,000
$1,760 00
1,120 00
$4,855 00
1,142 50
$5,000
$5,880 00
$5,997 50
1885.]
55
P U B L IC D O C U M E N T — N o. 8
CANTON INSTITUTION FOR SAYINGS — CANTON.
Incorporated 1835.
Number of corporators, 26.
C h a r l e s H. F r e n c h , President.
N a t h ’ l W . D u n b a r , Treasurer.
S tatem ent.
L
ia b il it e s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$461,041 36
9,233 57
13,352 40
s s e t s
.
$36,500
5,000
49,170
26,000
10,120
214,086
70,795
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Expense account,
00
00
00
00
00
00
00
53,839 00
18,079 31
38 02
$483,627 33
$483,627 33
Loan on Public Funds: —
On $5,000 City of Boston 6s.......................................................................... $5,000
00
Amount of real estate held by foreclosure,........................................... $10,120
Assessed value of the s a m e ,..................................................................
10,450
Amount of income received from the s a m e ,........................................
465
Amount of municipal tax on real e s t a t e , ........................................
137
00
00
40
52
Cash on Deposit in Bank : —
Neponset National Bank, Canton,............................................................ $18,079
31
Whole amount of interest or profits received or earned.........................$23,517
64
Rate and amount of each semi-annual dividend forprevious ) 2 per cent., $
8,42523
y e a r , ........................................................................................ >2
per cent., I
8,640 38
Times for the dividends, fixed by the by-laws : first Tuesday in April and
October.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend : 5.
The total amount of loans, with each specified rate of interest : $54,839, 4
per cent. ; $69,800, 5 per cent ; $217,881, 6 per cent. ; $1,200, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................197
Aggregate amount of the s a m e , .......................................................................
206,216 00
Amount of investments from which no income is received, .
.
.
.
3,200 00
Number of open accounts,
.
.
.
.
.
.
.
.
1,632
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,079
87,551 61
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................
30
16,015 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
56
[Jan.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Number and amount of withdrawals.........................................
Number of accounts opened the previous year,
Number of accounts closed the previous year,
Amount of expenses of the corporation during previous year,
Amount of treasurer’s bond, .
.
.
.
.
.
.
Date of examination by commissioner : July 21.
- 745
. 237
. 191
$71,338 02
1,148 35
10,000 00
P u b l ic F u n d s .
Estimated
Market Value.
Amount Invested.
$20,000
10,000
2,000
$24,400 00
11,600 00
2,120 00
$23,000 00
11,500 00
2,000 00
$32,000
$38,120 00
$36,500 00
$11,300
1,700
3,300
2,500
2,500
4,000
2,500
5,000
2,500
5,000
2,500
2,500
$14,690
2,040
3,300
2,375
2.925
4,220
2,575
4,612
1,500
5,150
2,525
2,643
$13,100
1,870
3,300
2,625
2,750
4,400
2,625
5,250
2,500
5,500
2,625
2,625
$45,300
$48,556 25
$49,170 00
$12,000
5,000
5,500
$14,400 00
6,137 50
6,187 50
$14,500 00
6,000 00
5,500 00
$22,500
$26,725 00
$26,000 00
Par Value.
United States 4s,'registered,
City of Providence 5s,
of Lynn 6s,
. . .
.
•
B
ank
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, .
Nat’l B’k of North America, Boston,
Nat’l Webster Bank, Boston, .
Nat’l Eagle Bank, Boston,
R
a il r o a d
Boston & Albany Railroad 7s,.
Boston & Maine Railroad 7s, .
Eastern Railroad 6s,
. . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
B
00
00
00
00
00
00
00
50
00
00
00
75
00
00
00
00
00
00
00
00
00
00
00
00
o n ds.
1885 ]
57
P U B L IC D O C U M E N T — N o. 8
CAPE ANN SAYINGS BANK — GLOUCESTER.
Incorporated, 1846.
Number of corporators, 48.
G e o r g e ' J. M a r s h , Treasurer.
A d d is o n G i l b e r t , President.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Surplus fund,
Premiums, .
Taxes,
Sundry accounts,
.
$1,518,142
14,953
56,000
12,220
5,750
3,099
9,161
A
07
63
00
22
00
00
95
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Eailroad bonds,
Real estate,
.
.
.
.
Real estate bv foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, not on interest,
Expense account,
Sundry accounts,
Cash on hand, .
.
.
.
$1,619,326 87
$91,400
201,500
28,000
31,875
5,000
2,085
700,286
459,562
00
00
00
00
00
53
49
41
92,800
2,198
270
12
4,335
00
89
27
70
58
$1,619,326 87
Loans on Bank Stock, amount on each : —
On 10 shares First National Bank, G lo u c e s t e r ,.................................................... $1,000 00
On 295 shares City National Bank, Gloucester..................................................
27,000 00
Invested in real estate (for banking p u r p o s e s ) ,.................................................... $5,000
Estimated value of the sam e,................................................................................
9,000
Amount of real estate held by foreclosu re,................................... ........
.
2,085
Assessed value of the s a m e ,.........................................................................................'2,800
Amount of income received from the s a m e ,.....................................................
139
Amount of municipal tax on real estate...............................................................
200
00
00
53
00
09
79
Cash on Deposit in Bank: —
Gloucester National Bank, Gloucester,.............................................................. $2,198 89
Whole amount of interest or profits received or earned,
.
.
.
.
$85,455 18
Bate and amount of each semi-annual dividend for previous i 2| per cent., f 30,175 41
y e a r , ...............................................................................
. j 2$ per cent., 1 31,667 77
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 time of, and
including, last extra dividend: 4 y3oSoThe total amount of loans, with each specified rate of interest: $28,300,
4 per cent.; $20,000, 4j per cent.; $10,000, 4^ per cent.; $50,000, 4| per
cent.; $393,467.91, 5 per cent.; $40,000, 5.J per cent.; $105,719.50, 5^ per
cent.; $557,300, 6 per cent ; $33,400, 6^ per cent.; $33,061, 7 per cent.;
$23,750, 7^0- per cent.
Number of outstanding loans which are of an amount not exceeding ¡$3,000
e a c h , ..........................................................................................................463
Aggregate amount of the s a m e , .......................................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
389,877 00
\
58
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Amounts of investments from which no income is received,
Number of open a c c o u n t s ,....................................................................... 5,356
Number and amount of deposits (including dividends), received for pre
vious y e a r , .................................................................................................4,289
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year, ........................................................................ 223
Number and amount of w ith d ra w a ls,..................................................... 4,112
Number of accounts opened the previous year,
.
.
.
.
1,016
Number of accounts closed the previous y e a r , ....................................... 795
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : July 7.
$2,500 00
393,861 40
120,629 12
308,446 55
4,492 21
20,000 00
P u b l ic F u n d s .
Par Value.
Estimated
Market Value.
Amount Invested.
.
$5,000
$6,000 00
$5,000 00
Town and city bonds : —
Town of Brookline,.
of Northampton, .
of Gloucester,
City of Charlestown,
of Cambridge, . . .
of Cleveland, . . .
of Fall River, . . .
of Lowell,
. . .
of Lawrence, . . .
of Salem, .
.
.
.
5,000
5,000
400
12.000
10,000
25,000
8,000
15,000
5,000
1,000
5,600
5,500
400
13,200
11,100
28,750
8,800
16,500
5,500
1,100
5,000
5,000
400
12,000
10,000
25,000
8,000
15,000
5,000
1,000
United States 4s,
.
.
.
.
.
.
.
.
00
00
00
00
00
00
00
00
00
00
$91,400 $102,450 00
B ank
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Central Nat’l Bank, Boston,
City Nat’l Bank, Gloucester, .
City Nat’l Bank, Boston, .
Commerce Natl Bank, Boston,
Cape Ann Nat’l Bank, Gloucester, .
Eagle Nat’l Bank, Boston,
Everett Nat’ l Bank, Boston, .
Exchange Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Gloucester Nat’l Bank, Gloucester,
Hamilton Nat’l Bank, Boston,.
Howard Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
00
00
00
00
00
$91,400 00
Sto c k .
$10,000
10,000
11,200
2,500
10,000
5,000
10,000
10,000
10,000
3,000
5,000
5,000
5,000
5,000
5,000
5.000
10,000
$15,000
11,700
11,536
2,500
12,500
5,500
11,100
13,000
10,500
3,060
5,700
5,250
5,000
6,400
6,000
5,650
13,200
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$10,000
10,000
11,200
2,500
10,000
5,000
10,000
10,000
10,000
3,000
5,000
5,000
5,000
5,000
5,000
5,000
10,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1885.]
59
P U B L IC D O C U M E N T — N o. 8.
B a n k Stock — Concluded.
Estimated
Market Value.
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, .
Rockport Nat’l Bank, Rockport,
Second Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,.
State Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
$6,650
12,000
10,300
3,000
18,260
6,400
7,410
7,450
11,400
6,100
5,150
$5,000
10,000
10,000
2,.500
16,600
5.000
5,700
5.000
10,000
5.000
5.000
00
00
00
00
00
00
00
00
00
00
00
$201,500 $237,716 00
Amount Invested.
$5,000
10,000
10,000
2,500
16,600
5.000
5,700
5.000
10,000
5.000
? 5,000
00
00
00
00
00
00
00
00
00
00
00
$201,500 00
R a ilr o ad B onds .
Eastern R. R. 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$46,750 00
$4-2,500
*
$31,875 00
60
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
CAPE COD F IVE CENTS SAVINGS BANK — H ARW ICH .
Incorporated 1855.
Number of corporators, 86.
J o se p h K. B a k e r , President.
A ugu stu s C. S n o w , 2d, Treasurer.
St a t e m e n t .
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$300,662 28
3,084 65
2,902 38
s s e t s
.
Bank stock,
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate to secure indebted
ness,
...................................
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Cash on hand, .
$306,649 31
$58,823
3,000
24,402
1,336
38
00
00
13
16,013
3,450
77,958
95,749
12
00
48
27
7,025 00
18,700 00
191 93
#306,649 31
Loan on Bank Stock : —
On 30 shares Cape Cod National Bank, Harwich,
$3,000 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, .
.
.
.
Amount of income received from the same, .
Amount of municipal tax on real estate,
$1,336 13
Cash on Deposit in Bank
1,00 0 00
3,450
4,000
8
290
00
00
37
00
^
Cape Cod National Bank, Harwich,
$18,700 00
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous ) 2 per cent, j
y e a r , ................................................................................
) 2 per cent., 1
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: 2.
The total amount of loans, with each specified rate of interest: $5,000, 5
per cent.; $18,500, 5^ per cent.; $99,228.49,6 per cent.; $700, 6^ per
cent.; $5,584.61, 6J per cent.; $54,719.65, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a ch ,................................................................................................. 282
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,............................................... ......
•
1,883
$17,167 58
5,513 28
5,698 08
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
99 732 75
19,368 12
1885.]
P U B L IC D O C U M E N T — No. 8.
Gl
Number and amount of deposits (including dividends), received for prepre
vious y e a r , ...............................................................................
745
time,
for the previous year, .
.....................................................
61
Number and amount of withdrawals, .
.
681
Number of accounts opened the previous year,
236
Number of accounts closed the previous year,
165
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,.....................................................
Date of examination by commissioner: June 25.
85,139 30
30,810 05
60,349 59
1,575 00
5,000 00
B a n k St o c k .
Par Value.
Estimated
Market Value.
Cape Cod Nat’l Bank, Harwich,
First Nat’l Bank, Yarmouth, .
State Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Everett Nat’l Bank, Boston,
Nat’l Revere Bank, Boston,
Nat’l Hide and Leather B’k, Boston,
Nat’l Bank of Commerce, Boston, .
Blackstone Nat’l Bank, Boston,
Nat’l Exchange Bank, Boston,
Suffolk Nat’l Bank, Boston,
Nat’l B’k of North America, Boston,
Nat’l Bank of Republic, Boston,
Nat’l B’k of Commonwealth, Boston,
Nat’l Webster Bank, Boston, .
Faneuil Hall Nat’l Bank, Boston, .
$5,700
6,300
4,800
4,300
4,000
3,000
3,000
2,900
2,700
2,600
2,400
1,600
1,500
1,300
1,000
700
$47,800
$8,094
8,064
5,628
4,934
4,100
3,562
3,487
3,219
2,781
2,964
2,706
1,648
1,920
1,475
1,010
911
00
00
00
25
00
25
50
00
00
00
00
00
00
50
00
75
Amount Invested.
$7,698
8,064
6,031
5,164
4,685
3,675
3,482
3,556
3,138
3,145
2,894
1,836
1,950
1,469
1,124
909
00
00
00
75
00
00
50
25
00
00
50
00
00
38
25
75
$56,505 25
$58,823 38
$11,000
10,000
$13,640 00
11,075 00
$13,327 00
11,075 00
$21,000
$24,715 00
$24,402 00
R a ii / r o a d B o n d s .
Old Colony Railroad,
Vermont & Massachusetts Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
62
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
CENTRAL SAYINGS BANK — LOWELL.
Incorporated March 3, 1871.
Number of corporators, 87.
O l i v e r H. M o u lto n , President.
S a m u e l A. C h a s e , Treasurer.
St a t e m e n t .
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
$1,292,205 81
37,991 29
24,000 00
A
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$16,000
2,000
222,101
900
47,650
724,688
245,814
92,486
2,556
$1,354,197 10
00
00
37
00
00
00
00
88
85
$1,354,197 10
Loan on Public Funds : —
On $1,000 City of Chelsea 6s, and $1,000 City of Lawrence 6s,
.
.
.
$2,000 00
Loan on Bank Stock: —
On 15 shares Railroad National Bank, L o w e l l , ...............................$900
Amount of real estate held by foreclosure,..................................... $47,650
Assessed value of the same...................................................................
Amount of income received from the same, .
.
.
.
.
.
.
Amount of municipal tax on real e s t a t e , ..................................
961
00
00
52,100 00
7,177 21
87
Cash on Deposit in Banks, amount in each: —
Merchants’ National Bank, Lowell,
.
Old Lowell National Bank, L o w e l l , ...........................................
Prescott National Bank, L o w e l l ,....................................................
25,000
25,000
$42,486 88
00
00
Whole amount of interest or profits received or earned,.
.
.
.
$69,197 64
Rate and amount of each semi-annual dividend forprevious }2 per cent, f 22,871
11
y e a r ,........................................................................................ J
2 per cent (
23,431 08
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: $29,500, 4
percent.: $336,350, 5 per cent.; $163,664, 5£ per cent.; $411,438, 6 per
cent.; $10,900, 6£ per cent.; $20,350, 7 per cent.; $1,200, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..........................................................................................................188
Aggregate amount of the s a m e , .......................................................................
278,368 00
Amount of investments from which no income is received, .
.
.
.
45,000 00
Number of open a c c o u n t s ,.......................................................................3,647
Number and amount of deposits (including dividends), received for pre
vious year.............................................................................................
3,573
364,291 87
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................... 264
154,766 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
P U B L IC
63
D O C U M E N T — N o. 8
Number and amount of w ithdraw als,............................................
2,649
Number of accounts opened the previous y e a r , ....................................870
Number of accounts closed the previous y e a r , ................................... 653
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : May 5.
$284,288 70
4,074 54
20,000 00
P u b l ic F u n d s .
Par Value.
Estimated
Amount Invested.
Market Value.
City and town bonds: —
City of Haverhill 6s,
. .
Town of Methuen 6s,
.
B
ank
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,
Maverick Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Metropolitan Nat’l Bank, Boston, .
Commerce Nat’l Bank, Boston,
Redemption Nat’l Bank, Boston,
Republic Nat'l Bank, Boston, .
City Nat’l Bank, Boston, .
Hide and Leather Nat’l B’k, Boston,
Webster 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,
Georgetown Nat’l B’k, Georgetown,
Appleton Nat’l Bank, Lowell,.
First Nat’l Bank, Lowell,
Merchants’ Nat’l Bank, Lowell,
Old Lowell Nat’l Bank. Lowell,
Prescott Nat’l Bank, Lowell, .
Railroad Nat’l Bank, Lowell, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$-1,000
12,000
$1,200 00
12,600 00
$4,000 00
12,000 00
$16,000
$16,800 00
$16,000 00
$15,000
9,048
5,200
20,000
11,590
1,560
4,650
2,250
6,650
3,300
11,000
7,500
3,463
11,000
1,755
2,400
10,500
6,993
3.990
5,650
10,000
17,500
4,500
18,750
6,500
1,400
3,000
$14,000
11,100
6,000
35,000
11,000
1,497
5,500
1,217
6,756
3,100
10,000
8,000
3,415
12,000
1,600
2,400
10,000
8,086
5,000
6,112
10,000
16,962
4,240
18,350
6,717
1,000
3,046
Sto ck .
$10,000
8,700
5,000
20,000
9,500
1,300
5,0( 0
1,000
5,000
3,000
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
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$170,300 $205,149 00
00
00
00
00
00
62
00
50
25
00
00
00
50
00
00
00
00
00
00
50
00
50
00
00
00
00
50
$222,101 37
64
[ J an.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
CHARLESTOW N F IVE CENTS SAYINGS BA N K —BOSTON.
Incorporated 1854.
Number of corporators, 87.
P . J. S t o n e , President.
A mos S to n e , Treasurer.
Sta te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$2,631,546 68
116,209 97
87,000 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$2,834,756 65
$200,000
8,200
679,200
1,600
27.000
80.000
285,184
1,092,200
433,560
24,919
2,892
00
00
00
00
00
00
00
00
00
88
77
$2,834,756 65
Loans on Public Funds, amount on each : —
On $2,000 U. S. 4 s , ......................................................................................................... $1,600 00
On $6,000 U. S. 4 £ s , ........................................................................................
5,900 00
On $1,000 U. S. 6 s , .................................................................................................
700 00
Loan on Bank Stock : —
On 16 shares Central National Bank, L y n n ,............................................................. $1,600 00
Invested in real estate (for banking p u r p o s e s ) ,...................................................$80,000
Assessed value of the s a m e ,................................................................................
90,300
Amount of real estate held by foreclosu re,.....................................................
285,184
Assessed value of the s a m e , ...............................................................................
308,400
Amount of income received from the s a m e ,.....................................................
25,712
Amount of municipal tax on real e s t a t e , .....................................................
6,775
00
00
00
00
01
60
Cash on Deposit in Banks, amount in each: —
Monument National Bank, B o s t o n , .............................................................. $21,257 15
Maverick National Bank, B oston ,.......................................................................
3,662 73
Whole amount of interest or profits received or earned,
.
.
.
. $162,879 63
Rate and amount of each semi-annual dividend for previous \ 2\ per cent., j 59,957 90
year......................................................................................... / 2£ per cent., \ 62,480 35
Times for the dividends, fixed by the by-laws : third Wednesday in April
and October.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend : 7\. (Last extra dividend in 1874.)
The total amount of loans, with each specified rate of interest : $76,500, 4|
per cent. ; $377,160, 5 per cent. ; $355,200, 5<| per cent. ; $514,800, 6 per
cent. ; $51,800, 6£ per cent.; $160,100, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .......................................................................................................... 349
Aggregate amount of the s a m e , .......................................................................
553,894 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
65
P U B L IC D O C U M E N T — N o. 8.
Amount of investments from which no income is received, .
.
.
.
Number of open accounts,
.............................................................. 7,895
Number and amount of deposits (including dividends) received for pre
vious y e a r , ........................................................................................
7,099
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 446
Number and amount of w ithdraw als,............................................
4,318
Number of accounts opened the previous year, .
.
.
.
1,308
Number of accounts closed the previous y e a r , ........................................ 906
Amount of expenses of the corporationduring the previous year,
.
.
Amount of treasurer’s b o n d ,.............................................................
Date of examination by commissioner: October 28.
$7,900 00
602,058 63
262,397 62
374,187 14
5,877 30
30,000 00
P u b l ic F u n d s .
Par Value.
United States 4|s,
.
.
.
.
Bank
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Bine 11111 Nat’l Bank, Dorchoster, .
Boylston Nat’l Bank, Boston, .
Bunker Ilill National 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,
Hide and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, Boston, .
Manufacturers’ Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
Market Nat’l B’k of Brighton,Boston,
Maverick Nat’l Bank, Boston,
Merchandise Nat’l Bank, Boston, .
Metropolitan Nat’l Bank, Boston, .
Monument Nat’l Bank, Boston,
North Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Rédemption 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,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Third Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$200, 000 $227,000 00
Amount Invested.
$200,000 00
St o c k .
$35,800
9,400
6,700
14,500
25,000
9,000
5,000
26,300
50,000
30,000
2,000
15,000
10,000
37,000
30,400
10,600
8,600
2,700
13,200
12,900
12,500
7,000
14,000
i 5,300
20,000
34,200
26,700
2,200
25,800
16,100
18,500
10,000
$11,170 00
9,682 00
7,504 00
16,675 00
46,000 00
9,810 00
6,200 00
28,404 00
51,500 00
36,000 00
4,000 00
17,100 00
10,500 00
42,920 00
34,352 00
10,388 00
7,912 00
3,780 00
29,436 00
12,255 00
13,875 00
14,210 00
16,800 00
5,459 00
22,400 00
43,776 00
31,506 00
2,508 00
24,510 00
18,837 00
20,720 00
8,500 00
$35,800 00
9,400 00
6,700 00
14,500 00
25,000 00
9,000 00
5,000 00
26,300 00
50,000 00
30,000 00
2,000 00
14,800 00
9,300 OU
37,000 00
30,400 00
10,300 00
8,600 00
2,700 00
12,900 00
12,600 00
12,500 00
7,000 00
14,000 00
5,300 00
20,000 00
34,200 00
26,700 00
2,200 00
25,600 00
16,100 00
18,500 00
10,000 01
66
B A N K C O M M IS S IO N E R S ’ R E P O R T
B a n k St o c k —
Concluded.
Par Value.
Tremont Nat’l Bank, Boston, .
Washington Natl Bank, Boston,
Webster Nat’l Bank, Boston, .
Andover Nat'l Bank, Andover,
Conway Nat’l Bank, Conway,
Franklin Co. Nat’l B’k, Greenfield,.
First Nat’l Bank, Lynn, .
Home Nat’l Bank, Brockton, .
Newton Nat’l Bank, Newton, .
Railroad Nat’l Bank, Lowell, .
Wachusett Nat’l Bank, Fitchburg, .
[Jan.
$12,000
11,900
32.000
2,400
4,000
10.000
21,700
15.000
3.500
15.000
7.500
Estimated
Market Value.
$12,360
15,470
32,320
2,880
4,400
10,000
26,040
16,500
3,990
17,400
13,800
00
00
00
00
00
00
00
00
00
00
00
$681,400 $803,849 00
Amount invested.
$12,000
11,900
32.000
2,400
4,000
10.000
21,700
15.000
3,300
15.000
7,500
00
00
00
00
00
00
00
00
00
00
00
$679,200 00
R a il r o a d B o n d s .
Boston and Lowell Railroad, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$27,000
$29,160 00
$27,000 00
PUBLIC DOCUMENT — No. 8.
18 8 5 .]
CHELSEA SAYINGS
Incorporated 1854.
67
BANK — CIIELSEA.
Number of corporators, 166.
J o h n H. O sg o o d , President.
J o h n F. F e l l o w s , Treasurer•
St a t e m e n t .
L
ia b il it ie s
Deposits, .
Earnings undivided,
Guaranty fund, .
A
.
$1,701,627 58
42,912 17
27,055 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks on interest, .
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
$1,770,694 75
$453,933 25
105,933 42
12,000 00
11.225
11,124
11,918
791,956
283,350
00
32
61
07
00
63.225 00
12,500 62
10,000 00
2,204 41
1,324 05
$1,770,694 75
Loans on Bank Stock, amount on each : —
On 50 shares Fourth National Bank, Boston,
On 100 shares First National Bank, Chelsea,.
$4,500 00
7,500 00
Invested in real estate (for banking p u r p o s e s ) ,............................................ $11,124 32
Estimated value of the sam e,...............................................................................
14,700
Amount of real estate held by foreclosure,..................................................... 11,918 61
Assessed value of the same....................................................................................
20,100
Amount of income received from the s a m e ,.....................................................
474
Amount of municipal tax on real e s t a t e , .....................................................
458
00
00
79
49
Cash on Deposit in Banks, amount in each : —
Hamilton National Bank, Boston, .
First National Bank, Chelsea,
$11,951 61
10,549 01
Whole amount of interest or profits received or earned,
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., (
y e a r , ........................................................................................ j 2 per cent., \
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 : 6^. (Last extra dividend, 1874.)
The total amount of loans, with each specified rate of interest: $28,225,
4 per cent.; $167,000, 4^ per cent.; $125,000, 4| percent.; $116,655,5
per cent.; $59,900, 5£ per cent.; $643,751.07, 6 per cent.
$87,775 41
29,781 12
30,708 33
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
68
BANK COMMISSIONERS’ REPORT
[Jan
Number of outstanding loans which are of an amount not exceeding $3,000
each,
.
............................................................................... .
.361
$533,876 47
Aggregate amount of the s a m e , ..................................................... ........
Amount of investments from which no income isreceived, .
.
.
.
800 00
Number of open a c c o u n t s ,......................................................... 7,715
Number and amount of deposits (including dividends), received for pre
vious y e a r , ...............................................................................
12,154
529,741 74
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 282
169,663 00
Number and amount of withdrawals, .
.
. .
.
.
6,842
442,160 14
Number of accounts opened the previous year, .
.
.
.
1,339
Number of accounts closed the previous y e a r , ................................... 940
Amount of expenses of the corporation duringpreviousyear,
.
.
.
5,158 09
Amount of treasurer’s b o n d ,................................................................................
25,000 00
Date of examination by commissioner: May 21.
P u b lic F u n d s .
P a r V alue.
U. S. b o n d s , ................................
State, city and town bonds : —
State of Maine,
. . . .
of New Hampshire,
City of Chelsea,
. . . .
of Boston,................................
of Charlestown,
of Fitchburg, . . . .
of Worcester, .
.• .
of Somerville...........................
of L y n n ,................................
ofCambiidge, . . . .
of Lowell,
. . . .
of Fall River, . . . .
of Lawrence, . . . .
of Taunton,
. . . .
of Manchester, N. IL,
of Lewiston, M e,
of Burlington, Vt.....................
of Providence, B.I., .
of Hartford, Conn., .
of Keene, N. IL,
Town of Woburn, . . . .
of’ Winthrop, . . . .
ol Everett,
. . . .
of Provincetown, .
of Brookline, . . . .
of Danvers, . . . .
of Wallingford, Conn., .
of Norwalk, Conn.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$30,000
E stim ated
M ark et V alue.
$34,090 00
A m ount In vested.
$31,068 75
4
43,100
9,200
12,000
44,000
10,000
2,000
21,000
10,000
6,000
18.000
45,500
5,000
36,000
2,000
4,000
16,000
2,500
15,000
1,000
20,000
5,000
11,000
1,000
1,000
5,000
2,000
17,000
31,000
47,510
11,500
13,980
55,000
11,300
2,280
22,470
10.200
7,080
19,990
50,505
6,300
43,920
2,360
4,120
16,320
2,525
16,200
1,140
20,800
5,650
12,320
1,120
1,060
5,575
2,240
17,340
32,240
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$425,300 $477,135 00
43,K0
10,635
13,880
51,136
11,190
2,280
22,660
10,000
7,050
19,790
46,920
5,550
40,527
2,340
4,000
16,480
2,500
15,525
1,172
20,800
5,412
11,165
1,170
1,000
5,625
2.320
17.170
31,465
00
75
00
25
00
00
00
00
00
00
00
00
50
00
00
00
00
00
50
00
50
00
00
00
00
00
00
00
$453,933 25
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8.
69
B a n k St o c k .
Par Value.
North Nat’l Bank, Boston,
Howard Nath 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 Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston.
¡State Nat’l Bank, Boston,.
Suffolk Nat’l Bank, Boston,
City Nat’ l Bank, Boston, .
Ea°de 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’l Bank, So. Weymouth, .
Exchange Nat’l Bank, Salem, .
R a il r o a d
Salem & Lowell Mortgage Bonds
(guaranteed by the Boston &
Lowell Railroad),.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$1,500
8,600
7,250
4,000
700
5,800
1,400
500
2,500
8,400
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
$1,800 00
4,086 00
7,240 00
4,150 00
777 00
3,594 00
1,596 00
515 00
2,875 00
9,869 00
2,931 00
789 00
4,730 00
1,904 00
574 00
2,255 00
741 00
2,525 00
12,800 00
1,143 00
5,709 00
3,895 00
4,250 00
6,946 00
7,986 00
2,600 00
575 00
$1,664 55
3,811 50
9,122 40
4,845 70
700 00
5,800 00
1,763 05
518 75
2,776 50
9,819 35
2,934 00
845 85
4,956 15
2,002 95
602 50
2,329 37
646 50
2,750 00
13,137 50
1,170 00
5,804 50
4,422 25
5,381 25
8,410 50
6,671 30
2,420 50
626 50
$89,450
$98,855 00
$105,933 42
$11,000 00
$11,225 00
B onds.
$10,000
70
BANK COMMISSIONERS’ REPORT
[Jan
CHICOPEE FALLS SAYINGS BANK — CHICOPEE FALLS.
Incorporated March 20, 1875.
Number of corporators, 41.
J o sia h \V. O sg o od , President.
H e n r y J. B o y d , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Interest,
.
A
$138,832
1,392
1,351
267
07
03
53
32
s s e t s
.
Public funds................................
Bank stock,
.
.
.
.
Loans on real estate,
Loans on personal security,
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
$3,050
18,051
*103,699
16,526
447
00
00
50
46
71
6 00
62 28
$141,842 95
$141,842 95
Cash on Deposit in Bank : —
Chicopee National Bank, Springfield,
.
.
. , ....................................$ 4 4 7
71
Whole amount of interest or profits received or earned,
.
.
.
.
$5,901 82
Rate and amount of each semi-annual dividend for previous j 2 per cent., (
2,330 26
y e a r , ......................................................................
.
j 2 per cent, 1
2,483 21
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: $120,225.96,
5 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .......................................................................................................... 88
Aggregate amount of the same....................................................
107,760 96
Number of open a c c o u n t s ,..............................................................
. 540
Number and amount of deposits (including dividends) received for previous y e a r , ......................................................................
62,168 09
Number and amount of deposits of and exceeding $300 at any one time for
the previous year,.
.
......................................................
. 36
22,601 00
Number and amount of withdrawals, ...............................................
. 390
35,366 74
Number of accounts opened the previous year,
.
.
. 142
Number of accounts closed the previous year,
.
.
.
.
. 70
Amount of expenses of the corporation during previous year,
400 41
Amount of treasurer’s b o n d ,..............................................................
1 0 ,0 0 0 00
Date of examination by commissioner: October 14.
P u b l ic
United States 4s,
F unds.
Par Value.
Estimated
Market Value.
Amount Invested.
$3,050
$3,721 00
$3,050 00
* This bank has been notified that this amount exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
71
PUBLIC DOCUMENT — No. 8.
Bank
St o c k .
Par Value.
City Nat’l Bank, Springfield, .
Palmer Nat’l Bank, Palmer, .
Hadley Falls Nat’l Bank, Holyoke,.
Chapin Nat’l Bank, Springfield,
First Nat’l Bank, Springfield, .
Franklin Co. Nat’l Bank, Greenfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,700
2,700
2,000
3.000
1.000
2,500
$14,900
Estimated
Market Value.
Amount Invested.
00
00
00
00
00
00
$3,700 00
3,161 ’00
3,410 00
3,630 00
1,650 00
2,500 00
$i9,780 00
$18,051 00
$4,810
3,510
3,410
3,900
1,650
2,500
BANK COMMISSIONERS’ REPORT.
72
[Jan.
CHICOPEE SAVINGS BANK — CHICOPEE.
Incorporated 1845.
John B . W
ood,
Number of corporators, 57.
President.
H . H . H a r r i s , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$573,796 12
9,127 86
9,450 00
s s e t s
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$592,373 98
$55',650
3,800
26,000
356,772
84,019
00
00
00
06
00
34,500 00
29,219 75
2,413 17
$592,373 98
Loans on Bank Stock, amount on each: —
On 20 shares First National Bank, E a s t h a m p t o n ,..........................$2,000
On 20 shares Third National Bank, Springfield,...........................
1,800
00
00
Cash on Deposit in Banks, amount in each: —
First National Bank, C h i c o p e e ,.......................................................................$5,219 75
Hampshire County National Bank, N o r t h a m p t o n ,....................................
14,000 00
City National Bank, S prin gfield,.......................................................................
10,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., t
y e a r , ............................................................................... i
2 per cent., t
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, 4
per cent.; $15,000, 4J per cent.; $20,000, 4| per cent.; $453,091,5 per
cent.; $6,000, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................... 231
Aggregate amount of the same,
.......................................................................
Number of open a c c o u n t s , .............................................................. 1,568
Number and amount of deposits (including dividends), received for pre
vious y e a r , .........................................................................................
1,590
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 118
Number and amount of w ith draw als,...................................
1,381
Number of accounts opened the previous year..............................................244
Number of accounts closed the previous y e a r , .......................................225
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s bond.....................................................................................
Date of examination by commissioner: July 23.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$27,080 63
10,486 79
10,790 91
207,296 00
162,749 66
71,928 00
140,943 43
2,512 73
10,000 00
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8.
Bank
Sto ck .
Par Value.
Chicopee Nat’l Bank, Springfield, .
First Nat’l Bank, Springfield, .
Agawam Nat’l Bank, Springfield, .
Chapin Nat’l Bank, Springfield,
City Nat’l Bank, Springfield, .
Palmer Nat’l Bank, Palmer,
Nat’l Bank of Redemption, Boston,.
Maverick Nat’l Bank, Boston,
First Nat’l Bank, Chicopee,
$4,700
6,700
3,000
6,600
5,500
8,000
1,000
1,200
10,000
$46,700
R a il r o a d
Boston & Albany Railroad,
Boston, Revere Beach & Lynn R.R.,
Boston & Lowell Railroad,
73
Estimated
Market Value.
$7,050
10,050
3,900
8,000
6,250
9,600
1,120
2,400
15,000
00
00
00
00
OO
00
00
00
00
$7,050
10,050
3,900
6,600
6,250
8,400
1,000
2,400
10,000
00
00
00
00
00
00
00
00
00
$63,370 00
$55,650 00
$12,000
10,000
4,000
$13,200 00
10,600 00
4,000 00
$12,000 00
10,000 00
*4,000 00
$26,000
$27,800 00
$26,000 00
B onds.
* This bank has been notified that this investment is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount Invested.
74
BANK COMMISSIONERS’ REPORT.
[Jan.
CITIZENS’ SAYINGS BANK — FALL RIVE R .
Incorporated 1851.
Number of corporators, 63.
E. E. H a t h a w a y , Treasurer.
J o se p h H e a l y , President.
St a t e m e n t .
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$2,454,596 86
86,087 97
57,403 58
s s e t s
.
Bank stock...................................
Loans on real estate,
Loans on personal security,
Deposit in bank, not on interest,
Expense account,
.
.
.
Cash on hand, .
$2,598,088 41
$306,991
1,463,746
803 132
21,270
1,911
1,036
50
00
37
67
12
75
$2,598,088 41
Cash on Deposit in Bank: —
Pocasset National Bank, P'all R i v e r , .............................................................. $21,270 67
Whole amount of interest or profits received or earned,
.
.
.
.
$140,890 00
Rate and amount of each semi-annual dividend for previous ) 2£ per cent., ( 56,485 07
yeaL
............................................................................... i 2^ per cent., 1 58,538 94
Times for the dividends, fixed by the by-laws : June and December.
The total amount of loans, with each specified rate of interest: $162,000,
5 per cent.; $2,104,878.37, 5£ per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each,
......................................................................
. 390
Aggregate amount of the s a m e , ....................................
558,320
Number of open a c c o u n t s ,....................................
4,357
Number and amount of deposits (including dividends), received for previous y e a r , ..............................................................
460,460
11,471
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,..............................................................
326
196,307
Number and amount of withdrawals,
.
.
.
.
3,175
338,908
Number of accounts opened the previous year,
. 934
Number of accounts closed the previous year,
. 750
Amount of expenses of the corporation during previous year,
6,923
Amount of treasurer’s b o n d ,.....................................................
.
15,000
Date of examination by commissioner: July 16.
00
17
52
11
95
00
B a n k St o c k .
Par Value.
First Nat’l Bank, Boston,
Second Nat’l Bank, Fall River,
Nat’l Hide and Leather B’k, Boston,
Nat’l Bank of Commerce, Boston, .
Fall River Nat’l Bank, Fall River, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,000
18,000
22,500
7,500
15,400
Kstimated
Market Value.
$49,875
22,500
26,156
8,325
18,480
00
00
25
00
00
Amount Invested.
$25,000
18,000
22,500
7,500
14,012
00
00
00
00
50
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8.
Bank
St o c k
— Concluded.
Par Value.
Pocasset Nat’l Bank, Fall River,
Maverick Nat'l Bank, Boston, .
Howard Nat’l Bank, Boston, .
Eliot Nat’l Bank, Boston,
Metacomet Nat’l Bank, Fall River, .
Revere Nat’l Bank. Boston,
Union Nat'l Bank, Fall River, .
Merchants’ Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston,
Railroad Nat’l Bank, Lowell, .
Massasoit Nat’l Bank, Fall River, .
Washington Nat’l Bank, Boston,
Nat’l Bank of Republic, Boston,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
75
$80,000
5,400
14,000
7.900
28,700
28,100
15,000
5,00 )
12,800
2,500
5,200
7,400
2,500
2,600
2,500
1,000
Estimated
Market Value.
$96,000
12,042
15,890
9,697
34,440
33,368
15,000
6,650
14,112
2,893
8,840
9,638
3,200
3,048
2,818
1,147
00
00
00
25
00
75
00
00
00
75
00
50
00
50
75
50
$809,000 $394,123 25
Amount Invested.
*$80,000
4,779
14,000
7,900
28,700
28,100
15,000
5,000
12,800
2,500
5,200
7,400
2,500
2,600
2,500
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$306,991 50
* This hank claims that as they held this stock when the act was passed setting off a part o f
Rhode Island, in which this bank was situated, to Massachusetts, they are entitled to hold the
full amount.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
76
BANK COMMISSIONERS’ REPORT.
[Jan
CITY F IV E CENTS SAVINGS BANK — H A VE R H ILL.
Incorporated 1870.
Number of corporators, 44.
J ohn B. N ic h o l s , President.
G e o . W . N o y e s , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$604,875 90
53,508 33
12,600 00
s s e t s
.
Public funds................................
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Premium account, .
$670,984 23
$20,000
6.100
45,798
11,500
73,000
72.753
246,905
165,830
00
00
33
00
00
77
00
00
4,500
22,335
1,061
1,200
00
20
93
00
$670,984 23
Loans on Public Funds : —
On $6,500 U. S. B o n d s ,.........................................................................................$6,100 00
Loans on Bank Stock, amount on each : —
On 100 shares Essex National Bank, H averhill,.............................................$10,000 00
On 6 shares Merrimack National Bank, H a v e r h i l l ,....................................
600 00
On 9 shares First National Bank, H a v e r h i l l , ............................................
900 00
Amount of real estate held by foreclosu re,...........................................................$72,753
Assessed value of the s a m e ,...............................................................................
48,400
Amount of income received from the s a m e ,.....................................................
2,563
Amount of municipal tax on real e s t a t e , .....................................................
819
77
00
20
80
Cash on Deposit in Banks, amount in each : —
In First National Bank, H a v e r h i l l , .............................................................. $14,335 20
In Merrimack National Bank, H a v e r h i l l ,.....................................................
8,000 00
t
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2| per cent., f
year............................................................................................... J 2 per cent., \
Times for the dividends, fixed by the by-laws : June 1st and December 1st.
The total amount of loans, with each specified rate of interest: $1,500, 4
per cent.; $18,000, 4J per cent.; $80,800,5 percent.; $64,900, 5£ per
cent.; $242,060, 6 per cent.; $25,225, 7 per cent.; $2,350, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .......................................................................................................... 121
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,.............................................................. 3,194
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$34,300 37
12,666 50
10,925 00
139,235 00
2,202 44
1 8 8 5 .]
<7
PUBLIC DOCUMENT — No. 8.
Number and amount of deposits (including dividends), received for prcvious year, ................................................................................................. 2,017
Number and amount of deposits of and exceeding $300 at any one lime,
for tbe previous y e a r ,............................................................................... 139
Number and amount of w ith d raw als,............................................
1,370
Number of accounts opened the previous y e a r , ....................................537
Number of accounts closed the previous y e a r , ................................... 354
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s bond, ...............................................................................
Date of examination by commissioner : May 24.
P u b l ic
.
.
.
.
.
.
Bank
2,053 00
15,000 00
Estimated
Market Value.
Amount Invested.
$10,0C0
10,000
$10,200 00
11,200 00
$10,000 00
10,000 00
$20,000
$21,400 00
$20,000 00
Sto ck .
First Nat’l Bank, Haverhill, .
Merrimack Nat’l Bank, Haverhill,
Haverhill 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, .
Boston & Maine R. R. 7s,
Old Colony R. R 7s,
Old Colony R R. 6s,
.
73,426 12
101,214 06
F unds.
Par Value.
City of Haverhill, .
of Lawrence, .
$170,235 40
$19,400
500
21'0
900
7.400
3,000
2,500
3,000
$26,578
775
290
972
7,696
3,300
3,325
3,120
$36,900
$46,056 00
$45,798 33
00
00
00
00
00
00
00
00
*$24,143
690
200
900
9,247
3,660
3,173
3,783
R a il r o a d
B onds.
.
$50,000
13,000
10,000
$61,000 00
16,120 00
11,910 00
$50,000 00
13,000 00
10,000 00
$73,000
$89,020 00
$73,000 00
.
* This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
08
()0
00
0)
75
00
75
75
[Jtin
BANK COMMISSIONERS’ REPORT.
78
CITY INSTITUTION FOR SAVINGS — LOWELL.
Incorporated, 1837.
Number of corporators, 61.
F. A . B u t t r ic k , Treasurer.
N a t h a n A l l e n , President.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$3,909,833 73
200,601 80
110,000 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate.
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$4,220,435 53
$158,100
679,882
32,600
288,500
1,699,490
950,046
00
00
00
00
00
22
213,000
193,051
2.993
2,772
00
40
00
91
$4,220,435 53
Loans on Bank Stock, amount on each: —
On 52 shares First National Bank, Lowell,
On 240 shares Appleton National Bank, Lowell, .
On 10 shares Prescott National Bank, Lowell,
On 4 shares Second National Bank, Boston, .
On 25 shares Wamesit National Bank, Lowell,
.
On 20 shares Brockton National Bank, Brockton,
On 9 shares National Hide and Leather Bank, Boston,
$4,400 00
21,900 00
1,000 00
300 00
5,000 00
Cash on Deposit in Banks, amount in each : —
Appleton National Bank, Lowell, .
.
.
.
Prescott National Bank, Lowell................................
$143,051 40
50,000 00
15
Whole amount of interest or profits r e c e i v e d , ............................................ $256,446
Rate and amount of each semi-annual dividend for previous 1 2 per cent., r 70,045 28
y e a r , ........................................................................................ J 2 per cent., j
72,478 89
Times for the dividends, fixed by the by-laws: second Saturday in January
and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 5-^. (Extra dividend January, 1884.)
The total amount of loans, with each specified rate of interest: $(17,250, 4
percent.; $1,803,612.32,5 percent ; $130,400, 5^ per cent.; $961,273.90,
6 per cent.; $60,000, 6£ per cent.; $20,000, 6Aj5o Per cent- ! $52,600, 7
per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each..................................................................................................................... 207
Aggregate amount of the s a m e , .......................................................................
Number of opena c c o u n t s , ....................................................................... 10,434
Number and amount of deposits (including dividends), received for pre
vious y e a r ,
33,832
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
303,341 21
862,256 14
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8
79
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,............................................................................... 560
Number and amount of withdrawals, .
*
.
.
.
.
11,165
Number of accounts opened the previous year,
.
.
.
.
1,890
Number of accounts closed the previous year...................................1,523
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s bond, ................................................................................
Date of examination by commissioner: November 10.
$300,267 47
733,330 46
9,409 11
60,000 00
P u b l ic F u n d s .
Tar Value.
City and town bonds : —
City of Hartford,
. . . .
of Haverhill, . . . .
of Lowell,
. . . .
of L y n n ,................................
Town of Plymouth..........................
of Pittsfield, . . . .
$10,000
46.000
3,000
10.000
40.000
50.000
Estimated
Market Value.
$11,350
57,480
3,397
10,475
45,750
50,625
00
00
50
00
00
00
$159,000 $179,077 50
Bank
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, .
Coiumbian 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, Marlboro’, .
Globe Nat’l Bank, Boston,
Hamiltori Nat’ l Bank, Boston,.
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston,
Mercliants’ Nat’l Bank, Boston,
Metropolitan Nat’l Bank, Boston,
Nat’l Bank of Commerce, Boston,
Nat’l B’k of North America, Boston,
Nat’ l Bank of,Redemption, Boston,
,
Nat’l Bank of Republic, Boston,
,
Nat’l Eagle Bank, Boston,
Nat’l Exchange Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount Invested.
$10.000
45,100
3,000
10,000
40.000
50.000
00
00
00
00
00
00
$158,100 00
St o c k .
$40,000
8,000
18,000
1,875
80,700
20,000
12,400
3,400
5,300
13,800
11,200
10,000
500
20,000
4,900
5,000
15,000
10,000
13,500
10,000
4,400
6,000
15,000
25,000
40,000
40,000
3,000
5,000
$72,000 00
12,020 00
21,105 00
3,125 00
31,697 75
22,400 00
14,260 00
6,256 00
5,830 00
17,112 00
11,536 00
12,275 00
512 50
40,000 00
7,350 00
5,000 00
15,000 00
12,000 00
15,322 50
10,000 00
5,841 00
6,705 00
16,650 00
25,750 00
44,100 00
51,400 00
3,172 50
5,700 00
$14,970 00
10,000 00
18,000 00
1,875 00
30,700 00
20,000 00
12,400 00
3,400 00
5,300 00
16,560 00
11,200 00
10,000 00
500 00
20,000 00
5,650 00
5,000 00
15,000 00
10,000 00
13,500 00
10,000 00
4,400 00
7,200 00
15,000 00
25,000 00
50,700 00
42,825 00
3,000 00
5,000 00
80
BANK COMMISSIONERS’ REPORT.
[Jan
B a n k S tock — Concluded.
Par Value.
Nat’l Hide and Leather B’k, Boston,
Nat’l Pemberton Bank, Lawrence, .
Nat'l Revere Bank, Boston,
Nat’l Union Bank, Boston,
Nat’l Webster Bank, Boston, .
New England Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
Old Boston National Bank, Boston,
Prescott Nat’l Bank, Lowell, .
Railroad Nat’l Bank, Lowell, .
Second Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,.
State National Bank, Boston, .
Suffolk National Bank, Boston,
Third National Bank, Boston, .
Tremont Nat’ l Bank, Boston, .
Washington Nat’l Bank, Boston,
$10,000
11,000
37,500
3,600
10,500
6,500
16,700
7,900
22,000
11,300
26,500
10,000
2,000
20,500
40,000
23,600
3,900
Market Value.
Estimated
$11,600
14,850
44,531
4,950
10,605
8,645
20,040
4,740
33,000
12,995
39,485
11,475
2,345
23,113
40,000
24,485
5,079
00
00
25
00
00
00
00
00
00
00
00
00
00
75
00
00
75
$655,475 $806,060 00
R a il r o a d
Boston & Lowell Railroad,
Old Colony & Newport Railroad,
Eastern Railroad, . . . .
Fitchburg Railroad, . . . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Amount Invested.
$10,000
11,000
37.500
3,600
10,500
8,450
16,700
3,950
22,450
12,052
26,500
10,000
2,000
20,500
40,000
23,600
3,900
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$679,882 00
B onds.
$127,500 $154,912 50
59,750 00
50,000
81,000 00
72,000
50,750 00
50,000
$127,500
50,000
61,000
50,000
00
DO
00
00
$299,500 $316,412 50
$288,500 00
PUBLIC DOCUMENT — No. 8.
1 8 8 5 .]
81
CLINTON SAYINGS BANK — CLINTON.
Incorporated 1851.
Number of corporators, 63.
C h a r l e s L. S w a n , President.
C h a u n c e y L. S. H a m m o n d , Treasurer.
Sta t e m e n t .
L
ia b il it ie s
A ssets.
.
Deposits,
Earnings undivided,
Guaranty fund, .
$994,599
'U - t f U V V W±
04
5,361 32
17,000 00
XPublic
U U 1 1 U 1funds,
U I1 U S ,
Loans on public funds,
U tU lIY stock,
D lU U lj
•
•
•
•
Bank
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns, .
Premium, .
Cash on hand, .
$1,016,960 36
$71,020
3,890
81,090
12,700
33,000
550,621
218,012
00
00
00
00
00
42
50
24,000 00
7,218 59
14,507 85
$1,016,960 36
Loan on Public Funds : —
On $4,000 United States 4s,
.
.
............................................
$3,890 00
Loans on Bank Stock, amount on each : —
On 16 shares Merchants’ National Bank, New Bedford,
On 83 shares Wachusett National Bank, Fitchburg,
.
.
On 45 shares Safety Fund National Bank, Fitchburg, i
On 20 shares First National Bank, Norwich, Ct.,
\
.
.
Amount of municipal tax on real e s t a t e , ............................................
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for preTimes for the dividends, fixed by the by-laws: second 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: $4,000,4 per
cent.; $20,000, 4J per cent.; $534,402 50, 5 per cent.; $45,592.53, 5& per
cent.; $174,488.03, 6 per cent.; $30,740.86, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.....................................................................................................257
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,............................................ .........
.
3,442
Number and amount, of deposits (including dividends), received for pre
vious year, ................................................................................................. 3,258
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................... 178
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,600 00
4,600 OO
6,500 00
$165
47,707
18,271
18,757
34
28
63
26
256,890 06
11,800 00
279,161 29
101,790 15
[Jan.
BANK COMMISSIONERS’ REPORT.
82
Number and amount of w ith d ra w a ls,...................................
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 b o n d ,.....................................................
Date of examination by commissioner : September 12.
P u b l ic
.
.
Ba n k
2,701 75
20,000 00
Estimated
Market Value.
Amount Invested.
$8,000
62,400
$8,960 00
67,728 00
$8,620 00
62,400 00
$70,400
$76,688 00
$71,020 00
Stock .
First Nat’l Bank, Clinton,
Orange Nat’l Bank, Orange, .
First Nat’l Bank, Leominster, .
First Nat’l Bank, New Bedford,
N’l B’k of Commerce, New Bedford,
Metropolitan Nat'l Bank, Boston, .
Howard Nat’l Bank, Boston, .
Webster Nat’l B’k, Boston,
City Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
Nat’l Bank of No. America, Boston,
Market Nat’l Bank, Boston,
Manufacturers’ Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Traders’ Nat’l Bank, Boston, .
Central Nat’l Bank, Boston,
E a il u o a d
Old Colony Railroad 6s, .
Old Colonv Railroad 7s, .
Fitchburg Railroad 7s,
Worcester & Nashua 5s, .
$224,198 88
F unds.
Par Value.
City and town bonds : —
City of Taunton,
. . .
Town of Cllinton, . . .
2,075
. 613
. 500
00
00
00
00
00
50
00
00
00
00
50
00
00
00
CO
00
00
*$30,490
5,000
1,500
5,000
5,000
3,000
1,600
10,500
500
200
1,400
4,200
2,000
5,000
1,000
700
4,000
$37,500
6,000
1,050
6,660
6,250
3,352
1,816
10,605
550
224
1,641
4,326
1,845
4,850
1,160
651
2,400
$80,600
$90,881 00
$81,090 CO
$10,000
5,000
13,000
5,000
$11,950
6,206
16,136
5,175
$10,900
5,000
13,000
5,000
$33,000
$39,467 50
B onds.
00
25
25
00
00
00
00
00
$33,900 00
* This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$30,000
5,000
1,500
5,000
5,000
3,000
1,600
10,500
500
200
1,400
4,200
2,000
5,000
1,000
700
4,000
PUBLIC DOCUMENT — No. 8.
1885.]
83
COHASSET SAYINGS B A N K — COHASSET.
Incorporated, 1845.
Number of corporators, 31.
M a r t in L in c o l n , President.
C a l e b L o t h r o p , Treasurer.
Statem ent.
L
ia b il it ie s
A
.
Deposits,
Earnings undivided, .
Guaranty fund, .
$356,858 50
6,377 36
8,700 00
s s e t s
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Profit and loss.............................
Cash on hand, .
.
.
.
$56,500
22,000
5,500
188,075
50,000
00
00
00
00
00
27,300
20,171
1,999
389
00
29
88
69
$371,935 86
$371,935 86
Amount of real estate held by foreclosure,..................................................... $5,500 00
Assessed value of the s a m e ,............................................ .
.
.
.
6,000 00
Amount of income received from the s a m e ,.....................................................
400 00
Amount of municipal tax on real e s t a t e , .....................................................
102 00
Cash on Deposit in Bank : —
Boston National Bank, B o s t o n , ............................................ * .
.
. ■ $20,171 29
Whole amount of interest or profits received or earned,.
.
.
.
$19,660 01
Rate and amount of each semi-annual dividend for previous ) 2J percent,, f
8,414 27
y e a r , ...........................................................................................j 2£ percent., \
8,588 68
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 time of, and
including, last extra dividend: 4|.
The total amount of loans, with each specified rate of interest: $21,300, 4
per cent.; $40,000, 4| per cent.; $97,150, 5 per cent.; $106,925, 6 per
cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each ,.....................................................................................................105
Aggregate amount of the s a m e , .......................................................................
79,325 00
Number of open a c c o u n t s ,.......................................................................941
Number and amount of deposits (including dividends) received for pre
vious year, ................................................................................................. 384
48,803 68
Number and amount of deposits of and exceeding $300, at any one time,
for the previous y e a r ,................................................................................ 35
20,282 00
Number and amount of withdrawals,..................................................... 447
46,030 23
Number of accounts opened the previous y e a r , ....................................... 106
Number of accounts closed the previous y e a r , .........................................67
Amount of expenses of the corporation during the year, .
.
.
.
1,413 02
Amount of treasurer’s b o n d ,................................................................................
15,000 00
Date of examination by commissioner : October 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
84
BANK COMMISSIONERS’ REPORT.
Bank
Sto ck .
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, .
Merchants’ Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Republic Nat’l Bank Boston, .
Révéré Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,.
State Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Washington Nat’l Bank,Boston,
Webster Nat’l Bank, Boston, .
[Jan.
13,000
2,000
4,500
4,300
2,000
4,000
1,800
2,000
2,500
3,000
2.300
1,200
2,200
4,500
3,200
3,800
3,600
1,500
1,000
4,100
$56,500
Estimated
Market Value.
$3,517
2,065
5,040
4,730
2,480
4,120
1,903
2,050
2,900
2,767
3,053
1,440
2,827
5,343
3,672
4,455
3,735
2,062
1,302
4,141
50
00
00
00
00
00
50
00
00
50
25
00
00
75
00
50
00
50
50
00
Amount Invested.
$3,000
2,000
4,500
4,300
2,000
4,000
1,800
2,000
2,500
3,000
2,300
1,200
2,200
4,500
3,200
3,800
3,600
1,500
1,000
4,100
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$63,606 00
$56,500 00
$9,000
13,000
$11,160 00
14,560 00
$9,000 00
13,000 00
$22,000
$25,720 00
$22,000 00
R a il r o a d B o n d s .
Old Colony R. R 7s,
Eastern R. R. 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
85
PUBLIC DOCUMENT — No. 8.
1 8 8 5 .]
CROCKER INSTITUTION FOR SAYINGS — TURNER’S FALLS.
Incorporated April 3, 1869.
Number of corporators, 16.
G eo . E. M a r s h a l l , President.
D. P. A b e r c r o m r ie , Treasurer.
St a te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$436,259 63'
5,295 71
4,900 00
$446,455 34
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security,
Deposit in bank, not on inter
est, ............................................
Expense account,
Premium account, .
Interest account,
Cash on hand, .
.
.
.
'
$43,500
29,472
5,900
32.000
31.000
204,415
90,955
00
50
00
00
00
10
00
946
592
7,107
7
557
82
98
50
99
45
$446,455 34
Loans on Bank Stock, amount on each: —
On 40 shares Packard National Bank, Greenfield,.....................................
On 18 shares Crocker National Bank, Turner’s F a lls ,...................................
On 5 shares Northampton National Bank and savings bank book,
.
.
$4,000 00
1,200 00
700 00
Invested in real estate (for banking purposes)......................................................... $31,000 00
Estimated value of the sa m e ,...............................................................................
31,000 00
302 48
Amount of municipal tax on real e s t a t e , .....................................................
Cash on Deposit in Bank: —
Crocker National Bank, Turner’s F a l l s , ......................................................$946 82
$22,440 60
Whole amount of interest or profits received or earned,
.
.
.
.
7,704 93
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
7,975 62
year................................................................................................i 2 per cent., 1
Times for the dividends fixed by the by-laws : January and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend : 5Ag-.
The total amount of loans, with each specified rate of interest: $95,800, 5
per cent ; $205,470.10, 5J per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each.....................................................................................................222
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,.............................................................. 1,297
Number and amount of deposits (including dividends), received for pre2,430
vious year,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
175,470 10
2,056 25
130,430 38
86
[Jan.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,............................................................................ 89
Number and amount of w ith d raw als,............................................. 743
Number of accounts opened the previous y e a r , ...............................311
Number of accounts closed the previous year,
'.
.
.
. 206
Amount of expenses of the corporation during previousyear, .
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : Sept. 22.
$51,839 46
97,227 70
1,209 51
25,000 00
P u b l ic F u n d s .
Par Value.
State and city bonds : —
State of Massachusetts, 5s,
of Maine, 6s, .
of New Hampshire, Cs, .
City of Boston, 6s, .
of Boston, 5s, .
of Lowell, 6s, .
of Providence, 5s, .
of Somerville, 5s,
B
ank
$10,000
8,000
2,500
6,000
4,000
3,000
5,000
5,000
$11,500
9,000
2,900
7,100
4,500
3,350
5,650
5,150
$43,500
$49,150 00
$8,700
6,000
1,000
700
1,000
1,000
1,000
1,000
4,000
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
*
$10,000
8,000
2,500
6,000
4,000
3,000
5,000
5,000
00
00
00
00
00
00
00
00
$43,500 00
a il r o a d
$11,310
7,200
700
875
1,020
1,220
1,100
1,040
4,160
00
00
00
00
00
00
00
00
00
$9,835
6,930
2,056
1,014
1,155
1,242
1,292
1,242
4,704
00
00
25
50
00
50
50
50
25
$28,625 00
$29,472 50
$10,000
7,000
5,000
5,000
5,000
$11,000
7,700
5,100
5,700
5,500
$10,000
7,000
*5,000
5,000
5,000
$32,000
$35,000 00
$24,400
Fitchburg Railroad 5s,
Boston & Revere Beach Railroad 6s,
Boston & Lowell Railroad 4|s,
Old Colony Railroad 6s, .
Vermont & Massachusetts R.R 5s, .
00
00
00
00
00
00
00
00
Amount Invested.
Sto ck .
Crocker Nat’l Bank, Turner’s Falls,
Conway Nat’l Bank, Conway, .
Central Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Eliot Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
R
Estimated
Market Value.
B
o n ds.
00
00
00
00
00
This bank has been notified that this investment is illegal.
00
00
00
00
00
$32,000 00
1 8 8 5 .]
P U B L IC D O C U M E N T — No. 8
87
DANVERS SAVINGS BANK — DAN VERS.
Incorporated 1850.
Number of corporators, 49.
A u g ustus M u d g e , President.
I s r a e l H . P u t n a m , Treasurer.
Statem ent.
L
ia b il it ie s
.
Deposits,
Earnings undivided, .
Guaranty fund, .
A
$980,172 09
27,998 03
26,750 00
s s e t s
.
$21,605
131,121
6,650
30.000
71.000
399,969
320,211
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, ............................................
Cash on hand, .
.
.
.
$1,034,920 12
•
00
00
00
00
00
00
65
5.000 00
42,944 98
5.000 00
1,418 49
$1,034,920 12
Loans on Bank Stock, amount on each: —
On 59 shares First National Bank, D a n v e r s , ............................................ $4,650 00
On 16 shares First National Bank, D a n v e r s , .............................................>
2,000 00
On 6 shares Salem National Bank, Salem........................................................... j
Amount of real estate held by foreclosure................................................... $71,000
Assessed value of the s a m e , .....................................................................
81,675
Amount of income received from the s a m e ,...........................................
4,043
Amount of municipal tax on real e s t a t e , ...........................................
1,357
00
00
86
89
Cash on Deposit in Banks, amount in each : —
Maverick National Bank, Boston........................................................ ».
First National Bank, D a n v e r s , .............................................................
.
$29,944 98
18,000
00
Whole amount of interest or profits received or earned,.
.
.
.
Rate and amount of each semi-annual dividend for previous | 2 per cent., 4
y e a r , ............................................................................... 12 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: $5,000, 4
percent.; $25,000,4^ per cent.; $25,000, 4^ per cent.; $164,100,5 per
cent.; $101,000, 5£ per cent.; $304,099.50,6 per cent.; $3,737,6£ per cent.;
$54,647.50, 7 per cent.; $49,246.65, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 237
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s , .......................................................................2,991
Number and amount of deposits (including dividends), received for pre
vious year, .........................................................................................
1,623
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 83
$49,89410
19,25359
18,930 01
214,084 00
*63,246 65
154,306 50
49,091 00
* Of this amount, $49,216.63 is secured by 16 Huntington Avenue certificates.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
88
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
1,403 $167,088 30
Number and amount of w ith d raw als,............................................
Number of accounts opened the previous y e a r , ....................................316
Number of accounts closed the previous y e a r , ....................................328
Amount of expenses of the corporation during previous year,
.
.
.
2,992 15
Amount of treasurer’s b o n d , ................................................................................
20,000 00
Date of examination by commissioner: March 1.
P
F
u b l ic
City of Boston 4s, r e g i s t e r e d , 1900, .
of Boston (is, coupon, 1894,
of Hartford 6s, coupon, 1893, .
B
ank
u n ds.
Par Value.
Estimated
Market Value.
Amount Invested.
$10,000
10,000
2,000
$10,500 00
11,800 00
2,270 00
$10,000 00
9,775 00
1,830 00
$22,000
$24,570 00
$21,605 00
St o c k .
Blackstone Nat’l Bunk, Boston,
North America Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
State Nat’l Bank, Boston.
Redemption Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
Washington Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Exchange Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Traders’ Nat’ l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Third Nat’l Bank, Boston,
Asiatic Nat'l Bank, Salem,
Naumkeag Nat’l Bank, Salem,
First Nat’l Bank, Salem, .
Salem Nat'l Bank, Salem,
Warren Nat’l Bank, Peabody, .
First Nat'l Bank, Danvers,
Rockport Nat’l Bank, Rockport.
Ci mmerce Nat’l Bank, New Bedford,
First Nat’l Bank, New Bedford,
$5,300
3,100
1,000
5,000
6,500
5,000
8,500
5,000
2,500
7,500
6,800
6,500
6,000
2,300
2,000
6,000
8,100
500
700
2,500
2,000
69,00
1,01,0
7,500
12,500
$5,472
3,193
1,030
5,862
7,166
6,650
8,393
5,800
3,256
8,906
7,718
7,410
6,660
2,139
2,075
5,100
11,340
685
8753,000
2,720
7,636
1,350
9,000
16,612
25
00
00
50
25
00
75
00
25
25
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$120,700 $140,050 25
R
Boston & Lowell R R. 4^s
a il r o a d
$5,300
3,148
1,080
5,356
7,901
6,475
10,612
5,675
2,500
7,500
6,800
6,500
6,000
2,300
2,000
6,000
8,100
500
700
2.862
2,000
f ,900
1,000
8,962
14,947
00
75
00
25
25
00
50
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
50
25
$131,121 00
B o nds.
130,000
$30,000 00
*$30,000 00
* This bank was notified that this investment was illegal; and these bonds have since been
disposed of.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
89
P U B L IC D O C U M E N T — N o. 8.
1 8 8 5 .]
DEDHAM INSTITUTION FOR S A Y IN G S— DEDHAM .
Incorporated May, 1831.
W
aldo
Number of corporators, 100.
C o l b u r n , President.
C a l v in G u il d , Treasurer.
S tatem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$1,647,239 18
82,920 61
52,586 35
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
$1,782,746 14
$322,500
1,000
80,638
300
354,700
12,500
609,384
357,575
9,850
00
00
50
00
00
00
11
00
00
34,298 53
$1,782,746 14
Loan on Public Funds: —
1,000 00
On $1,000 Town of Melrose bonds,
Loan on Bank Stock : —
On 5 shares Dcdharn 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,
$300 00
$12,500
11,300
400
157
00
00
00
66
Cash on Deposit in Bank: —
Dedham National Bank, .
.
.
.
W h o le amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous j 2 per cent.,
y e a r ,........................................................................................J 2 per cent
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: $50,000, 4£
per cent.; $290,000, 5 per cent.; $5,000, 5£ per cent.; $323,259.11, 6 per
cent.; $9,850, 6J per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 376
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,....................................................................... 4,678
Number and amount ofdeposits (including dividends), received for pre
vious y e a r ,
2,607
at any one time,
Number and amount of deposits of and exceeding
. 197
for the previous y e a r ,............................................
2*145
Number and amount of withdrawals, .
. 588
Number of accounts opened the previous year,
. 430
Number of accounts closed the previous year,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$34,298 53
$93,426 27
29,920 80
30,616 05
419,234 11
289,723 70
104,008 00
211,193 39
90
[Jan.
B A N K C O M M IS S IO N E R S ’ R E P O R T
Amount of expenses of the corporation during previous year,
.
Amount of treasurer’s b o n d ,..................................................... ........
Date of examination by commissioner : August 26.
P
u b l ic
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$10, 000
18,000
5,000
4,000
9,000
10,000
6,000
20,000
110,000
60,000
10,000
38,500
2,000
10,000
5,000
* 5,000
Estimated
Market Value.
$11, 000
20,160
5,200
4,000
10,800
10,300
6,660
21,400
117,000
61,800
10,000
42,605
2,260
11,200
5,900
5,750
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$322,500 $346,035 00
B
ank
a il r o a d
Worcester & Nashua Railroad,
Boston & Maine Railroad,
Boston & Lowell Railroad,
Old Colony Railroad,
.
.
Boston, Ciinton, Fitchburg & New
Bedford Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,648 17
15,000 00
Amount Invested.
$10, 000
18,000
5,000
4,000
9,000
10,000
6,000
20,000
110,000
60,000
10,000
38,500
2,000
10,000
5,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$322,500 00
St o c k .
Dedham Nat’] 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,
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,.
Traders’ Nat’l Bank, Boston, .
R
.
F u n ds.
Tar Value.
City and town bonds : —
City of Fall River, . .
of Manchester, N. H.,
of Augusta, Me.,
of Biddeford, Me , .
of Portland, Me.,
of Worcester, . .
of Charlestown,
of Providence, R. I .,.
of Boston,
. .
of Cleveland, O ,
of Columbus, O.,
District of Columbia,
Town of Lincoln,
. .
of Malden, . .
of Melrose, . .
of Woburn, . .
.
$15,000
4,000
7,500
2,500
2,500
2,500
6,000
7,500
14,500
8,500
5,000
5,200
$17,250
4,540
7,743
2,931
8,437
2,468
9,600
8,137
16,747
8,585
5,737
4,836
00
00
75
25
50
75
00
50
50
00
50
00
$80,700
$92,014 75
$15,000
4,000
7,500
2,500
2,500
2,500
6,000
7,500
14,500
8,500
5,000
5,138
00
00
00
00
00
00
00
00
00
00
00
50
$80,638 50
B onds.
$10,000
23,000
24,000
5,000
35,000
$9,000
27,800
26,885
5,800
00
00
00
00
39,200 00
$9,700
23,000
24,000
5,000
00
00
00
00
35,000 00
1 8 8 5 .]
91
P U B L IC D O C U M E N T — N o. 8.
R
a il r o a d
B
onds
— Concluded.
Tar Value.
Vermont & Massachusetts Railroad,
Eastern Railroad, . . . .
Lowell & Andover Railroad, .
Connecticut & Passumpsic Railroad,
Nashua & Rochester Railroad,
Fitchburg Railroad,
Newport & Richford Railroad,
Salem & LowTell Railroad,
Estimated
Market Value.
Amount Invested.
$110,000 $122,100 00
83,625 00
75.000
7,770 00
7.000
30,160 00
26.000
3,000 00
3.000
13,440 00
12,000
15,825 00
15.000
11,100 00
10.000
$110,000
*75,000
7.000
26,000
3.000
12,000
15.000
10.000
$355,000 $395,705 00
$354,700 00
* This bank has been notified that a part o f this investment is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
00
00
00
92
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
EAST BOSTON SAYINGS BANK— BOSTON.
Incorporated April 26, 1848.
Number of corporators, 28.
G e o r g e T. S a m p s o n , President.
W
il l i a m
B. P ig e o n , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
$1,260,753 27
100.478 22
23,751 60
A
s s e t s
.
Bank stock..................................
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,
Accrued interest,
Real estate income account,
Cash on hand, .
.
.
.
$1,384,983 09
$212,900
700
19,939
95,654
666,662
331 675
27,378
1,815
25,908
6
2,342
00
00
64
20
18
00
99
69
32
53
54
$1,384,983 09
Loans on Bank Stock, amount on each : —
On 10 shares First Ward National Bank, B o s t o n , .....................$500
On 2 shares Provincetovvn National Bank, Provincetown, .
.
.
.
Invested in real estate (for banking p u r p o s e s ) ,........................... $19,939
Estimated value of the same,
.......................................................................
Amount of real estate held by foreclosu re,.................................
95,654
Assessed value of the s a m e , ............................................................
87,100
Amount of income received from the s a m e ,...................................... 8,217
2,006
Amount of municipal tax on real e s t a t e , .................................
00
200 00
64
25,000 00
20
00
68
76
Cash on Deposit in Bank: —
First Ward National Bank, B o s t o n , ............................................. $27,378
99
Whole amount of interest or profits received or earned.................. $70,064
26
Rate and amount of each semi-annual dividend for previous ) 2 per cent., t
22,383 78
y e a r ,........................................................................................ ) 2 per cent., (
23,198 31
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: 4.
The total amount of loans, with each specified rate of interest: $40,000, 4£
percent.; $118,000, 4| per cent.; $269,508.18, 5 per cent.; $123,600, 5^
per cent.; $3,000, 5| per cent.; $375,195, 6 per cent.; $5,700, 6i per
cent.; $58,514, 7 per cent.; $5,520, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 312
Aggregate amount of the s a m e , .......................................................................
563,704 00
Amount of investments from which no income is received, .
.
.
.
6,348 80
Npmbcr of open a c c o u n t s ,....................................................................... 5,115
Number and amount of deposits (including dividends), received for pre
vious y e a r , .........................................................................................
6,181
376,481 07
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — No. 8.
93
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................... 196
2,660
Number and amount of w ith draw als,............................................
Number of accounts opened the previous year,
.
.
.
.
1,115
Number of accounts closed the previous y e a r , .......................................884
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : May 2.
$115,79600
309,01156
5,35237
20,000 00
B a n k St o c k .
Par Value.
Atlas Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
First Wavd Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Ilide and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, Boston, .
Merchandise Nat’l Bank, Boston, .
Market 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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000
20,000
3,800
4,100
10,000
13,700
10,000
11,500
1,500
25,000
20,000
6,700
7,200
2,400
5,000
2,400
3,000
15,000
10,000
5,000
10,000
10,000
6,400
4,200
5,000
Estimated
Market Value.
$1,172
22,400
3,923
4,715
10,300
15,207
10,575
14,116
1,715
26,375
19,750
6,772
8,172
2,280
4,612
3,012
3,217
15,450
11,875
6,425
11,275
11,725
6,080
3,906
5,437
50
00
50
00
00
00
00
25
63
00
00
00
00
00
50
00
50
00
00
00
00
00
00
00
50
$212,900 $230,489 38
Amount Invested.
$1,000
20,000
3,800
4,100
10,000
13.700
10,000
11,500
1,500
25,000
20.000
6,700
7,200
2,400
5,000
2,400
3,000
15,000
10,000
5,000
10,000
10,000
6,400
4,200
5,000
00
00
00
00
00
00
00
00
00
00
00
(0
00
00
00
00
00
00
00
00
00
00
00
00
00
$212,900 00
94
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
EAST BR IDGEW ATER SAVINGS BANK — EAST BRIDGEW ATER.
Incorporated 1870.
Number of corporators, 50.
K . E. S h e l d o n , President.
I. N . N u t t e r , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$342,268 82
6,194 74
5,335 94
$353,799 50
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest,
Expense account,
Premium account, .
Interest account,
Cash on hand, .
.
.
.
.
$8,970
55,418
28,000
2,740
160,870
77,403
18,670
496
333
10
886
00
00
00
69
11
84
17
30
75
00
64
$353,799 50
Invested in real estate (for banking purposes)................................................... $2,740 69
Estimated value of the sam e,............................................ ........
2,740 69
Cash on Deposit in Bank : —
Tremont National Bank, B o s to n ,.......................................................................$18,670 17
Whole amount of interest or profits received or earned,
.
.
.
.
$16,614 80
Rate and amount of each semi-annual dividend for previous )
per cent., f
6,810 49
y e a r , ................................................................................i 2 per cent, 1
6,038 81
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|.
The total amount of loans, with each specified rate of interest: $5,000, 4
percent.; $37,600,5 per cent.; $39,089.84, 5^ per cent.; $193,584.11,6
per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.............................................................................................. 171
Aggregate amount of the s a m e , .......................................................................
153,684 11
Number of open a c c o u n t s ,.............................................................. 1,205
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,047
106,628 83
Number and amount of deposits of and exceeding $300 atany one time,
for the previous year..............................................................................
86
44,959 70
Number and amount of w ithdraw als,................................................ 696
54,983 45
Number of accounts opened the previous y e a r , ................................ 232
Number of accounts closed the previous y e a r , ................................. 98
Amount of expenses of the corporation during previous year,
.
.
.
1,025 29
Amount of treasurer’s b o n d ,..................................................... ........
10,000 00
Date of examination by commissioner: July 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
95
P U B L IC D O C U M E N T — N o. 8
1 8 8 5 .]
P u b l ic F
u n ds.
Par Value.
United States 4s,
.
.
.
City and town bonds : —
City of Bath, Me., 6s,
Town of Woburn 6s,
B
ank
$5,000
$6,000 00
$5,000 00
2,000
2,000
2,070 00
2,200 00
2,070 00
1,900 00
$9,000
$10,270 00
$8,970 00
$2,000
1,000
1,700
5,000
3,000
1,000
2,300
2,000
2,000
2,000
5,000
2,000
2.200
2,500
5,000
4,000
4,500
4,000
$51 200
a il r o a d
Old Colony Railroad 6s, .
Eastern Railroad 6s,
. . .
Boston, Revere B’cli & Lvnn R.R. 6s,
Newport & Richford Railroad 5s, .
Fall River Railroad 5s, .
Vermont & Massachusetts R. R. 5s,
$2,180
1,135
1,797
5,450
2,962
1,200
2,668
1,850
1,900
2,060
5,600
2,300
2,579
2,500
5,200
4,360
4,950
4,600
00
00
75
00
50
00
00
00
00
00
00
00
50
00
00
00
00
00
$55,292 75
$2,276
1,225
1,700
5,000
3,000
1,250
2,300
2,317
2,000
2,000
6,500
2,167
2,471
2,500
5,480
4,000
4 650
4,580
75
00
00
00
00
00
00
50
00
00
00
50
25
00
00
00
00
00
$55,418 00
B o n ds.
$6,000
5,000
3,000
4,000
5,000
5,000
$28,000
$6,960
5,500
3,450
4,120
5,250
5,500
00
00
00
00
00
00
$30,780 00
* This bank has been notified that this investment is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Amount Invested.
Sto c k .
City Nat’l Bank, Boston, .
Commonwealth Nat’l Bank, Boston,
Eagle 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,
Market Nat’l Bank, Boston,
Merchandise Nat’l Bank, Boston, .
North America Nat’l Bank, Boston,
Nat’l Bank of Redemption, 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, .
Brockton Nat’l Bank, Brockton,
Home Nat’l Bank, Brockton, .
R
Estimated
Market Value.
$6,000
5,000
3,000
4,000
*5,000
5,000
00
00
00
00
00
00
$28,000 00
96
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
EAST CAMBRIDGE F IVE CENTS SAYINGS BANK — CAMBRIDGE.
Incorporated 1854.
Number of corporators, 39.
G e o r g e S t e v e n s , President.
S a m u e l S l o c o m b , Treasurer.
Sta te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Premiums, .
Profit and loss, .
.
$1,072,454
16,027
35,150
3.634
2,500
A
99
87
68
84
00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest, .
Deposit in banks, not on inter
est, ............................................
Expense account,
Cash on hand, .
.
.
.
$1,129,768 38
$19,000
130,700
2,200
19,000
3,245
31,835
666,566
209,600
44,629
00
00
00
00
41
00
40
00
13
1,000 00
4 75
1,987 69
$1,129,768 38
Loan on Bank Stock : —
On 36 shares Leckmere National B a n k , .................................... $2,200
00
Invested in real estate (for banking p u rp o se s),........................... $3,245
Estimated value of tlie sam e,..........................................................
5,000
Amount of real estate held by foreclosure,................................
31,835
Assessed value of the same...............................................................
44,900
2,625
Amount of income received from the s a m e ,................................
Amount of municipal tax on real e s t a t e , ................................
779
41
00
00
00
48
19
Cash on Deposit in Bank: —
Lechmere National B a n k , ................................................................................$45,629 13
Whole amount of interest or profits received or earned,
.
.
.
.
$57,220 98
Rate and amount of each semi-annual dividend for previous 1 2£ per cent., j
23,944 50
y e a r , ............................................................................... J
2£ per cent., (
24,455 68
Times for the dividends fixed by the by-laws : April 15 and October 15.
The total amount of loans, with each specified rate of interest: $33,528,
4 per cent.; $25,000, 4^ per cent.; $8(1,000, 4£ per cent.; $147,355, 5 per
cent.; $47,500,5£ per cent.; $525,308.40,6 per cent.; $10,900,6^ per cent.;
$8,775, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................... 361
Aggregate amount of the s a m e , .......................................................................
407,161 40
Amount of investments from which no income is received : 60 shares Cam
bridge Land Company, par value $100 per share; charged to profit and
loss.
Number of open a c c o u n t s ,....................................................................... 4,661
Number and amountof deposits (including dividends), received for previ
ous y e a r ,
14,343,
330,926 67
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC
97
D O C U M E N T — N o. 8
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,....................................................................................189
Number and amount of w ith d ra w a ls,...........................
4,188
Number of accounts opened the previous year,.
.
.
.
1,109
Number of accounts closed the previous y e a r , .......................................918
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: March 22.
$100,087 58
276,926 56
2,000 00
20,000 00
P u b l ic F u n d s .
Par Value.
$19,000
City of Cambridge bonds,
Estimated
Market Value.
$19,000 00
Amount Invested.
$19,000 00
B a n k St o c k .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Banker Hill Nat’l Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Commonwealth Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Exchange Nat’l Bank, Boston,
Fanenil Hall Nat’l Bank. Boston, .
First Ward Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Hide and Leather Nat’l Bank, 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,
Nat’l Bank of Redemption, 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, .
City Nat’l Bank, Cambridge, .
Charles River Nat’l B’k, Cambridge,
Lechmere Nat’l Bank, Cambridge, .
Newton Nat’l Bank, Newton, .
Fall River Nat’l Bank, Fall River, .
First Nat’l Bank, Malden,
First Nat’l Bank, Marlboro’ , .
Merchants’ Nat’l B’k, Newburyport,
Concord Nat’l Bank, Concord,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$819 00
5,562 00
7,056 00
7,544 00
7,437 00
4,520 00
3,090 00
1,464 00
1,824 00
2,600 00
5,700 00
2,058 00
13,340 00
6,780 00
535 00
6,600 00
2,664 00
2,660 00
2,280 00
515 00
1,100 00
7,424 00
4,484 00
9,350 00
7,828 00
685 00
6,767 00
3,380 00
3,120 00
9,880 00
1,300 00
1,100 00
2,500 00
2,500 00
600 00
3,300 00
$700 00
5,400 00
6,300 00
4,100 00
6,700 00
4,000 00
3,000 00
1,200 00
1,600 00
2.000 00
4,000 00
2,100 00
11,500 00
6,000 00
500 00
5,000 00
2,400 00
2,000 00
1,900 00
500 0'»
1,000 (0
5,800 00
3,800 CO
11,000 00
7,600 00
500 oo
6,700 00
2,600 00
2,400 00
7,600 00
1,300 00
1,100 00
2,500 00
2,000 00
600 0 )
3,300 00
$132,700 $150,366 00
$130,700 00
$700
5,400
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
2,400
2,000'
1,900
500
1,000
5,800
3,800
11,000
7,600
500
6,700
2,600
2,400
7,600
1,300
1,100
2,500
3,000
600
3,300
98
BANK
C O M M IS S IO N E R S ’ R E P O R T
R
a il r o a d
B
rJali
o n ds.
Estimated
Par Value.
Eastern Railroad, . . .
Boston & Albany Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Market Value.
Amount Invested.
$8,500
15,000
$9,520 0)
18,000 00
$1,000 oo
15,000 00
$23,500
$27,520 00
$19,000 00
P U B L IC D O C U M E N T — N o. 8
1885.]
99
EASTHAMPTON SAVINGS BANK — EASTHAMPTON.
Incorporated Feb. 10, 1869.
Number of corporators, 30.
J o h n M a y h e e , President.
S a m u e l T . S e e l e y , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$345,488 37
767 46
11,000 00
s s e t s
.
Bank stock...................................
Loans on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, not on inter
est, ............................................
Expense account,
$357,255 83
$70,400
1,400
1,035
172,463
107,506
00
00
21
11
00
4,152 76
298 75
$357,255 83
Loans on Bank Stock, amount on each: —
On 13 shares First National Bank, E a s t h a m p t o n ,........................................... $1,300 00
On 5 shares Shelburne Falls National Bank, Shelburne Falls, .
.
.
10000
Amount of real estate held by foreclosure,............................................................. $1,035 21
Assessed value of the s a m e ,...............................................................................
825 00
Cash on Deposit in Bank: —
First National Bank, Easthampton...............................................................................$4,152 76
Whole amount of interest or profits received or earned,
.
.
.
.
$20,38619
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
6,238 76
y e a r , ............................................................................... 12 per cent., 1
6,49852
Times for the dividends, fixed by the by-laws : Jan. 23 and July 23.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 6£. (Last extra dividend in 1873.)
The total amount of loans, with each specified rate of interest: $45,031, 5
per cent.; $14,200, 5^ per cent.; $213,213.11, 6 per cent.; $8,925, 6£ per
cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,...............................................................................................179
Aggregate amount of the s a m e , .......................................................................130,619 11
Number of open accounts,
.
..................................................... 1,312
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,183
90,864 27
Number and amount of deposits of and exceeding $300 atany one time,
for the previous y e a r ,............................................................................ 58
35,652 25
Number and amount of w ith d raw als,................................................. 758
74,844 98
Number of accounts opened the previous y e a r , .................................248
Number of accounts closed the previous y e a r , ................................. 181
Amount of expenses of the corporation during previous year,
.
.
.
1,223 00
Amount of treasurer’s bond....................................................................................
10,000 00
Date of examination by commissioner: May 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
100
BANK
C O M M IS S IO N E R S ’ R E PO R T,
[Jan
B a n k St o c k .
Par Value.
First Nat’l Bank, Easthampton,
First Nat’l Bank, Northampton,
First Nat’l Bank, Westfield,
First Nat’l Bank, Lynn, .
Blackstone Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Commonwealth Nat’l Bank, Boston,
Holyoke Nat’l Bank, Holyoke,
Hampshire Co Nat’l Bank, Northa m p t o n , ................................
Northampton Nat’l Bank, Northa m p t o n , ................................
Chicopee Nat’l Bank, Springfield, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
10.200
5,000
4,400
2,200
2,000
2,000
700
10,000
10,000
Estimated
Market Value.
Amount Invested.
00
00
00
00
00
00
00
00
00
00
$10,000 00
10,200 00
7,Ot'O 00
4,400 00
2,200 00
2,000 00
2,000 00
700 00
10,000 00
10,000 00
1,000
1,250 00
1,000 00
7,500
1,000
12,375 00
1,700 00
9,900 00
1,000 00
$66,000
$87,390 00
$70,400 00
$13,000
13,060
7,265
5,500
2,300
3,000
2,600
840
11,500
13,000
1885.]
101
P U B L IC D O C U M E N T — N o. 8
EAST W EY M O U T H SAYINGS B A N K -E A S T
Incorporated 1872.
W EYM OUTH .
Number of corporators, 30.
J o se p h A . C u s h in g , Treasurer.
D a v id T u c k e e , President.
State m e n t.
L
ia b il it ie s
Deposits, .
Guaranty fund, .
.
A
$284,890 96
6,846 50
$291,746 46
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest, .
Expense account,
Cash on hand..............................
$41,000
5,000
27,000
897
189,536
19,175
5,908
2,987
241
00
00
00
70
75
00
72
02
27
$291,746 46
Amount of real estate held by foreclosure,..................................................... $897 70
Assessed value of the s a m e , ...............................................................................
1,025 00
62 09
Amount of income received from the s a m e ,.....................................................
Amount of municipal tax on real e s t a t e , ..................................................... '
15 00
Cash on Deposit in Bank: —
Manufacturers’ National Bank, B o s t o n , ..................................................... $5,908 72
Whole amount of interest or profits received or earned,
.
.
.
.
$16,661 14
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
4,970 89
year........................................................... ........
.
.
. 1 2 per cent., 1
5,319 50
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 6-100.
The total amount of loans, with each specified rate of interest: $4,000, 4|
per cent.; $1,400, 5 per cent.; $6,500, 5£ per cent.; $121,078, 6 per
cent.; $29,520, 6£ per cent.; $46,214, 7 per cent.
Number of outstanding loans which arc of an amount not exceeding
$3,000 e a c h , ............................................................................................ 178
Aggregate amount of the s a m e , .......................................................................161,99100
Amount of investments from which no income is received,.
.
.
.
2,000 00
Number of open a c c o u n t s , ......................................................... 1,080
Number and amount of deposits (including dividends), received for pre
vious y e a r , ...............................................................................
2,923
83,163 51
Number and amount of deposits of and exceeding $300at anyone time,
for the previous y e a r ,.................................................................................
43
34,324 00
Number and amount of withdrawals,...................................................... 587
53,148 55
Number of accounts opened the previous y e a r , .......................................208
Number of accounts closed the previous y e a r , ....................................... 155
Amount of expenses of the corporation during previous year,
.
.
.
1,008 00
Amount of treasurer’s bond, .
.......................................................................
20,000
Date-of examination by commissioner: June 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
102
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan
P ublic F un ds .
Par Value.
District of Columbia 7s, .
City of Charlestown 6s, .
of Boston 4s,
of Portland 6s, .
of Bi'ockton 4s,
.
State of Maine 6s, .
Town of Abington 4s,
.
.
$4,000
7.000
8.000
3.000
10,000
4.000
5.000
Estimated
Amount Invested.
Market Value.
$5,333
8,100
8.400
3,300
10,400
4.400
5,150
00
00
00
00
00
00
00
$4,000
7,000
8,000
3.000
10,000
4.000
5.000
00
00
00
00
00
00
00
$45,083 00
$41,000 00
$4,500
500
$5,400 00
1,000 00
$4,500 00
2,000 00
$5,000
$6,400 00
$6,500 00
$7,000
5,000
$8,400 00
5,300 00
$7,000 00
5,000 00
12,000
3,000
13,200 00
3,750 00
12,000 00
3,000 00
$27,000
$30,650 00
$27,000 00
$41,000
B a n k St o c k .
Union Nat’l Bank, Wevmouth,
Central Nat’l Bank, Boston, .
R a ilr o a d B onds .
Old Colony Railroad 6s, .
Old Colony Railroad 4^s,
Boston, Clinton, Fitchburg, & New
Bedford Railroad 5s, .
Boston & Maine Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
103
P U B L IC D O C U M E N T — N o. 8
ELIOT F IVE CENTS SAYINGS BANK — BOSTON.
Incorporated Feb. 4, 1864.
W
m.
Number of corporators, 70.
C. A p p l e t o n , President.
G e o . C. L e a c h , Treasurer.
Statem ent.
L
ia b il it ie s
A
.
Deposits, .
$1,638,800 35
Earnings undivided, .
8,327 70
Guaranty fund, .
28,865 40
Tax account,
2,700 00
48 78
Suspense account,
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest, .
Expense account,
Cash on hand, .
.
.
.
$1,678,742 23
$137,300
54,200
3,400
113,500
488,750
528,600
51,600
492
899
00
00
00
00
00
00
17
67
39
$1,678,742 23
Loans on Bank Stock, amount on each: —
On 30 shares People’s National Bank, Boston.................................................... $2,400 00
On 10 shares Exchange National Bank, B o sto n ,............................................
1,000 00
Cash on Deposit in Bank: —
People’s National Bank, B o s t o n ,.......................................................................$51,600 17
Whole amount of interest or profits received or earned,
.
.
.
.
$78,961 52
Rate and amount of each semi-annual dividend for previous 1 2J per cent., j
35,454 96
y e a r , ............................................................................... J 2J per cent., (
37,327 40
Times for the dividend 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. (Last extra dividend in 1869.)
The total amount of loans, with each specified rate of interest: $138,600, 4
per cent.; $267,000,4£ per cent.; $25,000, 4| per cent.; $454,050, 5 per
cent.; $17,500, 5^ per cent.; $84,870, 6 per cent.; $3,775, 6<J per cent.;
$11,650,7 per cent.; $4,600,7£ per cent.; $10,600,7 3-10 per cent.; $3,105,
8 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,...................................................................................................... 85
Aggregate amount of the s a m e , .......................................................................
147,880 00
Number of open a c c o u n t s ,.......................................................................6,218
Number and amount of deposits (including dividends), received for previ
ous y e a r , ................................................................................................. 7,275
510,215 76
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...................................................................................243
136,106 00
Number and amount of w ith d raw als,..................................................... 4,480
360,294 77
Number of accounts opened the previous year,
.
.
.
.
1,084
Number of accounts closed theprevious y e a r , ........................................ 821
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
lo t
BANK
C O M M IS S IO N E R S ’ R E P O R T
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d , .....................................................................................
Date of examination by commissioner: May 1.
[Jan.
1
$6,416 92
5,000 00
I
1
$125,000 00
I
P u b l ic F u n d s .
Estimated
Market Value.
$125,000 $142,187 00
United States bonds,
1
1
I
1
I
1
I
1
I
1
1
I
1
I
1
1
1
1
1
1
I
State, city and town bonds : —
State of Maine,
.
.
.
.
of New Hampshire,
City of Boston,
.
.
.
.
of Manchester, N. H.,
of Bangor, Me.,
of Providence, R. I.,
of Biddeford, Me.,
of L y n n ,................................
of Portsmouth, N. 11.,
of Dover, N. H.,
of Springfield, .
.
.
.
of Taunton,
.
.
.
.
of Lowell,
.
.
.
.
« o f Lawrence, .
.
.
.
of Fall River, .
.
.
.
of Portland, Me.,
of Chelsea,
.
.
.
.
Town of Woburn, .
.
.
.
of Marlborough, .
District of Columbia,
1,000
2,600
102,000
10,000
4,000
25,000
20,000
10,000
10,000
5,700
20,000
20,000
13,000
15,000
10,000
5,000
15,000
8,000
9,000
7,000
1,130
3,120
115,400
11,500
4,840
29,000
20,000
12,000
11,500
6,441
27,600
24,200
14,690
18,000
10,200
5,900
17,550
8,800
9,450
7,840
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$-137,300 $501,348 00
I
1
1
1
1
1
I
1
1
1
I
1
I
1
1
1
1
1,000
2,600
102,000
10,000
4,000
25,000
20,000
10,000
10,000
5,700
20,000
20,000
13,000
15,000
10,000
5,000
15,000
8,000
9,000
7,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$437,300 00
B a n k St o c k .
People’s Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Columbian Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Mt. Vernon Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Brighton, .
Merchants’ Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Continental Nat’l Bank, .
State Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston,.
Nat’l Bank of No. America, Boston,
Naumkeag Nat’l Bank, Salem,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$14,100
7,000
1,000
2,000
1,000
1,000
6,100
1,300
3,000
3,000
4,300
5,000
1,400
2,000
1,000
1,000
$22,560
8,880
1,520
2,560
1.200
1,050
7,625
1,586
2,850
4,110
4,966
5,450
1,806
2,560
1,050
1,600
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$54,200
$71,373 '00
$14,100
7,000
1,000
2,000
1,000
1,000
6,100
1,300
3,000
3,000
4,300
5,000
1,400
2,000
1,000
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$54,200 00
1
1
I
1
I
1
1
1
1
I
1 8 8 5 .]
P U B L IC
D O C U M E N T — N o. 8
R a il r o a d
B onds.
Par Value.
Conn. & Passumpsic Rivers R. R., .
Newport & Richford, guaranteed by
Conn. & Passumpsic Rivers R. R.,
Boston, Clinton, Fitchburg & New
Bedford R. R.,
. . . .
Fitchburg R. R.,
Old Colony R.R.,
. . . .
Boston & Albany R.R.,
Boston & Lowell R. R., .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
105
Estimated
Market Value.
Amount Invested
$7,500
$8,850 00
$7,500 00
22,000
22,880 00
22.000 00
5,000
4,000
6,000
10,000
59,000
5,700
4,520
7,140
12,000
63,930
5,000
4,000
6,000
10,000
59,000
00
00
00
00
00
$113,500 $125,020 00
00
00
00
00
00
$113,500 00
106
BANK
C O M M IS S IO N E R S ’ R E P O R T
[Jan
EMIGRANT SAYINGS B A N K *— BOSTON.
Incorporated 1870.
Number of corporators, 26.
J o h n W . M c D o n a l d , Treasurer.
T h o m a s R u s s e l l , President.
St a t e m e n t .
L
ia b il it ie s
Deposits,
Guaranty fund, .
Interest,
Real estate acquired,.
Suspense account,
Discounts, .
.
A
$27,788
9,019
609
124
345
453
35
67
23
10
76
16
s s e t s
.
Loans on real estate,
Deposit in banks, on interest, .
Expense account,
Fixtures and safe, .
Profit and loss, .
.
.
.
Cash on hand..............................
$38,340 27
$6,105
22,387
1,757
300
7,667
122
00
91
02
00
67
67
$38,340 27
Cash on Deposit in Banks, amount in each: —
Continental National Bank, B o s t o n , .............................................................. $7,147 00
Freeman’s National Bank, B o s t o n , ..............................................................7,161 28
Maverick National Bank, Boston,..............................................................'
.
1,647 45
National Bank of Commonwealth, Boston..........................................................
6,432 18
"Whole amount of interest or profits received or earned,
.
.
.
.
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: $6,105, 6
per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each ,................................................................................................. 11
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,.......................................................................... 649
Number and amount of withdrawals.................................................
5,957
Number of accounts closed the previous year, .
.
.
.
5,837
Amount of expenses of the corporationduring previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: February 8.
$3,125 82
6,105 00
224,136 11
4,753 35
15,000 00
* This bank was temporarily enjoined by decree of Supreme Judicial Court, April 16, 1878,
and is being wound up by its officers by permission of the court; it is now paying the final
dividend to its depositors, making in all 99^ per cent, of their deposits.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
107
P U B L IC D O C U M E N T — N o . 8
1885.]
ESSEX SAYINGS BANK — LAW RENCE.
Incorporated March 12, 1847.
Number of corporators, 41.
J a m e s H. E a t o n , Treasurer.
J o se p h S h a t t u c k , President.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$4,391,812 75
76,358 81
82,000 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad bonds,.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest,
Cash on hand, .
.
.
.
$560,000
500
303,525
44,560
308,500
150
45,200
2,171,972
1,085,815
14,207
15,742
.
00
00
00
00
00
00
00
00
00
26
30
$4,550,171 56
$4,550,171 56
Loans on Public Funds : —
On $500 United States 4s,
.
.
..
.............................................$500 00
Loans on Bank Stock, amount on each : —
On 200 shares Wamesit National Bank, Lowell, .
On 24 shares Old Lowell National Bank, Lowell, .
On 8 shares National Hide and Leather Bank, Boston,
On 20 shares Andover National Bank, Andover, .
On 8 shares National Pemberton Bank, Lawrence,
On 20 shares Lawrence National Bank, Lawrence,
On 85 shares Pacific National Bank, Lawrence, .
On 147 shares Bay State National Bank, Lawrence,
2,000 00
660 00
2,000 00
800 00
1,750 00
6,350 00
11,000 00
Loans on Railroad Bonds: —
On $1,000 Boston and Maine Railroad 7s,
.
.
.
Amount of real estate held by foreclosure................................
Assessed value of the s a m e , .....................................................
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate,
.
.
.
.
.
.
.
.
.
.
.
.
$150 00
$45,200
90,075
4,944
971
00
00
86
42
Cash on Deposit in Bank: —
National Hide and Leather Bank, Boston.................................
$14,207 26
$245,472 27
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous ') 2£ per cent., f 100,294 29
1 2£cent.,
per cent., 1 102,508 01
y e a r , ............................................................................... )
per
Times for the dividends fixed by the by-laws : third Wednesday in April
and October.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 7 22-100. (Extra dividend in 1872.)
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
108
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
The total amount of loans, with each specified rate of interest: $50,000, 3J
percent.; $50,000, 4^ percent.; $1,426,300, 5 per cent.; $30,000, 5| per
cent.; $230,515, 5£ per cent.; $1,478,532, 6 per cent.; $38,650, 7 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 438
Aggregate amount of the s a m e , .......................................................................$561,825 00
Number of open a c c o u n t s ,..................................................................... 13,281
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
16,265
1,166,88009
Number and amount of deposits of and exceeding $300 at any onetime,
for the previous y e a r ,.....................................................
658
392,386 47
Number and amount of withdrawals..................................................
9,370
957,537 20
Number of accounts opened the previous year, .
.
.
.
2,832
Number of accounts closed the previous year,
.
.
.
.
2,145
Amount of expenses of the corporation during previous year, .
.
.
8,949 83
Amount of treasurer’s b o n d ,................................................................................
25,000 00
Date of examination by commissioner : October 10.
P u blic F u n d s .
Par Value.
District of Columbia 6s, .
United States currency 6s,
“
“
4s,
“
“
4is.............................
City of Somerville, . . . .
of L y n n ,................................
of Fall River, . . . .
of Newton,
. . . .
of Rockland, Me.,
$50,000
80,000
100,000
200,000
25,000
50,000
25,000
16,000
14,000
Estimated
Market Value.
$57,000
101,600
121,500
227,000
27,000
58,000
27,500
17,000
14,000
00
00
00
00
00
00
00
00
00
$560,000 $650,600 00
Amount Invested.
$50,000
80,000
100,000
200,000
25,000
50,000
25,000
16,000
14,000
00
00
00
00
00
00
00
00
00
$560,000 00
B a n k St o c k .
Atlas Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Bay State Nat’l Bank, Lawrence, .
Boston Nat’l Bank, Boston,
Commonwealth Nat’l Bank, Boston,
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 N’l Bank, Boston,
Massachusetts Nat’l Bank, Boston, .
Maverick Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
No. America Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$13,000
4,000
24,975
3,000
4,000
7,500
2,000
13,000
8,000
10,000
23,200
10,000
3,750
5,100
20,000
15,000
$15,600 00
5,900 00
37,000 00
3,400 00
4,400 00
8,200 00
2,100 00
13,900 00
9,300 00
10,200 00
26,000 00
11,500 00
3,900 00
10,700 00
26,800 00
15,300 00
$13,000
4,000
24,975
3,000
4,000
7,500
2,000
13,000
8,000
10,000
23,200
10,000
3,750
5,100
20,000
15,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1885.]
109
P U B L IC D O C U M E N T — N o . 8.
B a n k Stock — Concluded.
Par Value.
North Nat’l Bank, Boston,
Revere 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, .
Globe Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Lincoln Nat’l Bank, Boston, .
$10,000
22,500
25,000
2,700
10,000
10,000
10,000
6,000
1,000
25,000
4,600
2,000
4,700
1,000
2,500
>
.......
Estimated
Amount Invested.
Market Value.
$12,100
25,800
31,000
3,000
11,400
12,0/10
10,400
5,400
1,400
25,000
5,700
2,200
4,700
1,000
2,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$303,525 $357,800 00
$10,000
22,500
25,000
2,700
10,000
10,000
10,000
6,000
1,000
25,000
4,600
2,000
4,700
1,000
2,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$303,525 00
R ailroad B onds .
Boston and Maine Railroad, .
Boston and Lowell Railroad, .
Eastern Railroad, . . . .
Fitchburg Railroad, . . . .
«
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$200,000 $244,000 00
60,500 00
50,000
59,000 00
53,500
5,500 00
5,000
$200,000
50,000
53,500
5,000
00
00
00
00
$308,500 $369,000 00
$308,500 00
110
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
FAIR HA VE N INSTITUTION FOR SAVINGS — F A IR H A V EN .
Incorporated 1832.
Number of corporators, 50.
•G e o r g e H. T a b e r , President.
C h a r l e s D r e w , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
Suspense account,
.
A
$427,794
11,715
11,227
932
13
25
96
53
s s e t s
.
Public funds.................................
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest, .
Deposit in bank, noton interest,
Expense account,
Oak Bluffs bonds (taken to se
cure indebtedness),
Cash on hand, .
.
.
.
$44,825
135,940
400
4,809
86,511
90,260
64,272
4,498
10,000
1
00
00
00
36
04
32
10
58
00
38
9,903 96
248 13
$451,669 87
$451,669 87
Loans on Bank Stock, amount on each : —
On 5 shares National Bank, Fairhaven,
On 3 shares National Bank of Commerce,
.
.
.
.
.
.
.
.
Invested in real estate (for banking purposes),
Estimated value of the sa m e ,.....................................................
Amount of real estate held by foreclosure, .
.
.
.
Assessed value of the s a m e ,.....................................................
Amount of income received from the same...............................
Amount of municipal tax on real estate,
.
.
.
.
$200 00
200 00
$4,809
4,809
86,511
25,709
598
559
»
36
36
04
00
84
84
Cash on Deposit in Bank: —
National Bank, F a ir h a v e n ,.....................................................
$14,498 58
.
$23,456 60
Rate and amount of each semi-annual dividend for previous 2 per cent.,
y e a r , ...............................................................................
2 per cent.,
Times for the dividends fixed by the by-laws: the last Monday in April
and October.
The total amount of loans, with each specified rate of interest: $41,500,
5 per cent.; $19,000, 5£ per cent.; $6,000, 5| per cent.; $72,722.42, 6 per
cent.; $3,100, 6^ per cent.; $12,610, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.......................................................................................................67
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,...........................................................................857
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..................................................................................................... 150
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,..................................................................................... 28
8,629 57
8,447 52
Whole amount of interest or profits received or earned,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
,
48,032 42
58,111 95
41,762 06
19,100 94
1 8 8 5 .]
111
P U B L IC D O C U M E N T — N o. 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 : May 12.
•
. 541
.” 54
. 94
$60,524 22
.
2,430 77
5,000 00
P u b l ic F u n d s .
Estimated
Market Value.
United States 4s,
.
.
.
City and town bonds: —
City of Bath, Me., . . .
of Belfast, Me.,
Town of Fairhaven,.
.
B ank
Nat’l Bank, Fairhaven, .
First Nat’l Bank, New Bedford,
Citizens’ Nat’l Bank, New Bedford,
N’l B’k of Commerce. New Bedford,
Mechanics’ Nat’l Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Eliot Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Boston Nat’l Bank, Boston,
Nat’l Bank of Republic, .
State Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Nat’l B’k of North America, Boston,
Continental Nat’l Bank, Boston,
Manufacturers’ Nat’l Bank, Boston,
Wachusett Nat’l Bank, Fitchburg, .
$10,000
$12,325 00
$12,325 00
5,000
6,500
21,000
5,000 00
6,500 00
24,150 00
5,000 00
6,500 00
21,000 00
$12,500
47,975 00
$44,825 00
St o c k .
$24,640
10,400
8,000
4,000
6,800
9,000
5,000
4,000
4,600
5,000
10,000
6,000
8,000
5,000
8,000
5,000
3,500
9,000
$24,640
13,819
9,640
4,840
10,880
9,990
6,137
4,800
4,278
5,050
11,200
7,710
9,380
5,675
8,240
5,150
3,395
17,190
00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
$135,940 $162,014 50
*$24,640
10,400
8,000
4,000
6,800
9,000
5,000
4,000
4,600
5,000
10,000
6,000
8,000
5,000
8,000
5,000
3,500
9,000
$135,940 00
* This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
112
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jau
FALL R IV E R FIVE CENTS SAVINGS BANK — FALL R IVE R .
Incorporated April 10, 1855.
Number of corporators, 59.
W a l t e r C. D u r f e e , President.
C h a r l e s J. H o l m e s , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$1,249,326 15
66,615 46
21,845 95
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate,.
.
.
.
.
Loans on real estate,
Loans on personal security,
Deposit in bank, not on inter
est...............................................
Expense account,
Border City Manufacturing Co.,
Cash on hand, .
.
.
.
$1,337,787 56
$100,000
195,400
70,000
45.000
652,211
237,900
00
00
00
00
00
00
8,500
1,334
*27,000
441
00
70
00
86
$1,337,787 56
Invested in real estate (for banking purposes),
Estimated value of the same, .
.
.
.
Amount of municipal tax on real estate,
$45,000 00
45,000 00
846 00
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 1 2J per cent., j
y e a r , .....................................................
.
.
.
I 2J per cent., \
Times for the dividends, fixed by the by-laws: second Monday in June
and December,
The total amount of loans, with each specified rate of interest: $740,411, 5J
per cent.; $149,700, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each........................................................................................................206
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,.............................................................. 5,253
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..............................................................................
13,446
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 158
Number and amount of withdrawals,
.
.
.
.
.
.
2,752
Number of accounts opened the previous y e a r , ....................................... 932
Number of accounts closed the previous year,
.
708
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : July 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
* Taken to secure indebtedness.
$8,500 00
$73,028 49
27,876 30
29,023 34
297,056 00
278,736 56
92,125 20
189,831 67
3,501 82
20,000 00
1885.]
P U B L IC D O C U M E N T — N o . 8
113
P u b l ic F u n d s .
Par Value.
United States currency 6s, 1899,
Estimated
Market Value.
$100,000 $135,000 00.
Amount Invested.
$100,000 00
B an k Sto ck .
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
First Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Maverick Nat’l Bank, Boston,
Monument Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
Commerce Nat’l Bank, Boston,
Exchange Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Nat’l B’k of North America, Boston,
Revere Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
Union Nat’l Bank. Fall River,
Metacomet Nat'l Bank, Fall River,
Second Nat’l Bank, Fall River,
First Nat’l Bank, Chelsea,
First Nat’l Bank, Malden,
First Nat’l Bank, Oxford,
$1,300
3,000
12,000
3,200
1,500
5,000
13,300
2,200
8,500
10,000
700
4,000
7,500
8,400
7,500
6,700
3,000
5,000
9,400
41,200
30,000
10,000
2,000
$1,653 25
3,517 50
12,360 00
3,608 00
1,841 25
10,000 00
15,095 50
4,906 00
17,052 00
11,000 00
777 00
4,720 00
8,737 00
8,652 00
8,906 25
7,688 25
3,062 00
5,000 00
12,220 00
51,500 00
37,500 00
12,000 00
2,240 00
$195,400 $244,036 00
R
a il r o a d
Rutland Railroad equipment, .
*
.
$1,300 00
3,000 00
12,000 00
3,200 0 1
1,500 00
5,000 00
13,300 00
2,200 00
8,500 00
10,000 00
700 00
4,000 00
7,500 00
8,400 00
7,500 00
6,700 00
3,000 00
5 000 00
9,400 00
.*41,200 00
30,000 00
10,000 00
2,000 00
$195,400 00
B o n ds.
$100,000
$70,000 00
$70,000 00
This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
114
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
FALL R IV E R SAVINGS BANK — FALL R IVER.
Incorporated 1828.
W
il l ia m
Number of corporators, 125.
C. A. B a s s e t t , Treasurer.
L i n d s e y , President.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$4,826,501 68
51,458 90
103,000 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
.
.
.
Stocks and bonds to secure in
debtedness, .
.
.
.
Cash on hand, .
.
.
.
$385,500
710,690
25,050
206,300
45,000
21,550
1,668,698
1,556,337
00
00
00
00
00
00
00
22
90,800 00
208,700 00
788 95
60,650 00
896 41
$4,980,960 58
$4,980,960 58
Loans on Bank Stock, amount on each : —
On 225 shares'Metacomet National Bank, 4
On 25 shares National Union Bank,
>■ .
On 3 shares Massasoit National Bank,
J
On 1 share Fall River National B a n k ,....................................
Invested in real estate (for banking purposes),
Estimated value of the sam e,.....................................................
Amount of real estate held by foreclosure, .
.
.
.
Assessed value of the s a m e ,.....................................................
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate,
.
.
.
.
$25,000 00
.
•
.
•
.
.
.
50 00
$45,000
45,400
21,550
21,000
999
1,248
00
00
00
00
56
32
Cash on Deposit in Banks, amount in each: —
00
101,400 00
6,000 00
1,300 00
po
'o
o
o
Fall River National Bank, Fall R iv e r ,....................................
Metacomet National Bank, Fall R ive r,...................................
National Bank of Redemption, Boston,...................................
National Revere Bank, B o s t o n , ............................................
•
•
.
•
Whole amount of interest or profits received or earned,
$261,882 60
Rate and amount of each semi-annual dividend for previous 2£ per cent., f 114,483 76
v e a r , ........................................................................................ 2| per cent.,
104,933 16
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: $90,000,
3f per cent.; $702,900, 5 per cent.; $1,759,198, 5£ per cent.; $788,362.22,
6 per cent.; $425, 7 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
PUBLIC DOCUMENT — No. 8.
115
Number of outstanding loans which are of an amount not exceeding $3,000
each,
.
430
Aggregate amount of the s a m e , .......................................................................$556,197 22
Amount of investments from which no income is received, .
.
.
.
36,200 00
Number of open a c c o u n t s ,...........................................
9,957
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
26,340
877,595 01
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 569
339,071 86
Number and amount of withdrawals, .
.
.
.
.
.
8,033
715,573 70
Number of accounts opened the previous year,
.
.
.
.
1,587
Number of accounts closed the previous year,
.
.
.
.
1,876
Amount of expenses of the corporation during previous year, .
.
.
10,270 69
Amount of treasurer’s b o n d ,...............................................................................
25,000 00
Date of examination by commissioner: July 9.
P u b l ic F u n d s .
Estimated
Market Value.
Amount Invested.
$100,000 $113,750 00
150,000 182,625 00
$100,000 00
150,000 00
Par Value.
United States 4Js, registered, .
United States 4s, registered, .
City bonds : —
City of Boston 5s,
of Fall River 4s,
100,000
30,000
114,000 00
30,000 00
105,500 00
30,000 00
$380,000 $440,375 00
$385,500 00
B a n k St o c k .
Fall River Nat’l Bank, Fall River, .
Metacomet Nat’l Bank, Fall River, .
Massasoit Nat’l Bank, Fall River, .
Second Nat’l Bank, Fall River,
Nat’l Union Bank, Fall River, .
Merchants’ Nat’l B’k, New Bedford,
First Nat’l Bank, New Bedford,
N’l B'k of Commerce, 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,
Hide and Leather Nat’l B’k, Boston,
Nat’l B’k of North America, Boston,
Revere Nat’l Bank, Boston,
Nat’ l Bank of Commerce, Boston, .
Washington Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$66,900
93,500
42.200
15.000
10.000
22,000
50.000
42.000
33.000
23.200
15.000
40.000
30.000
16.000
25.000
40.000
30.000
20.000
20,000
$80,280
112,200
71,740
18,750
10,000
37.400
65.000
50.400
65,670
34,568
18,300
52.000
33,900
21,120
29.000
41.200
35.400
22.200
26.000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$633,800 $825,128 00
$73,590
93,500
63,300
15.000
10.000
28,600
55.000
46,200
56,100
29.000
15.000
40.000
30.000
18,400
25.000
40.000
30.000
20.000
22,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$710,690 00
116
BANK COMMISSIONERS’ REPORT.
[Jan.
R a il r o a d B o n d s .
Par Value.
Boston & Albany Railroad 6s,
Fitchburg Railroad 5s,
Boston, Clinton & Fitchburg R.R. 5s,
Old Colony Railroad 4|s,
Old Colony Railroad 7s, .
Old Colony Railroad 6s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$85,000
15.000
13.000
25.000
13.000
48.000
Estimated
Market Value.
$99,450
16,950
15,015
26,750
16,120
57,360
00
00
00
00
00
00
$199,000 $231,645 00
Amount Invested-
$85,000
15,000
15,015
26,625
13,780
50,880
00
00
00
00
00
00
$206,300 00
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8
117
FARM ERS’ AND MECHANICS’ SAYINGS BANK — SOUTH FRAM INGHAM .
Incorporated April 23, 1883.
Number of corporators, 18.
G e o r g e E. C u t l e r , Treasurer.
W i l l a r d H o w e , P r e s id e n t.
State m e n t.
L ia b il it ie s .
Deposits,
Guaranty fund,
A ssets.
$54,918 84
120 00
Bank stock,
Loans on real estate,
Loans on personal security,
Expense account,
Fixture
“
Interest
“
Cash on hand, .
$55,038 84
$3,0.55
38,800
12,369
169
105
63
475
50
00
50
39
00
93
52
$55,038 84
Whole amount of interest or profits r e c e i v e d , ............................................ $1,532 28
Rate and amount of each semi-annual dividend for previous 1 2J per cent, f
385 56
year...................................................................................... J 2^ per cent., 1
941 66
Times for the dividends, fixed by the by-laws: first Tuesday iu April and
October.
The total amount of loans, with each specified rate of interest: $2,000, 5£
per cent.; $49,169.50, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each, ........................................................................................
37
Aggregate amount of the s a m e , .....................................................
38,669 50
Number of open a c c o u n t s ,...................................................................... 261
Number and amount of deposits (including dividends), received for previous y e a r , ...............................................................................
825
57,460 95
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................
58
35,043 91
Number and amount of w ithdraw als,...................................
175
15,498 84
Number of accounts opened the previous y e a r , ................................... 215
Number of accounts closed the previous year,
.
.
.
.
49
Amount of expenses of the corporation during previous year,
270 39
Amount of treasurer’s b o n d ,.......................................................................
10,000 00
Date of examination, by commissioner: April 17.
B a n k Sto c k .
Par Value.
Framingham Nat’l Bank, Framingh a m , ........................................
South Framingham Nat’l Bank,
South Framingham,
Holliston Nat’l Bank, Holliston,
Northborough Nat’l Bank, Northb o r o u g h , ................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$900
$1,260 00
$1,255 00
500
300
540 00
384 00
540 00
376 50
700
875 00
884 00
$2,400
$3,059 00
$3,055 50
118
BANK COMMISSIONERS’ REPORT.
[Jan
FITCHBURG SAYINGS BA N K — FITCHBURG.
Incorporated Feb. 12, 1846.
T h o r n t o n K. W
are,
Number of corporators, 52.
President.
C h a r l e s J. B il l i n g s , Treasurer.
Statem ent.
L ia b il it ie s .
Deposits,
$2,122,696 26
Earnings undivided, .
34,629 18
Guaranty fund, .
55,500 00
A ssets.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad notes, .
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$2,212,825 44
$119,222
207,246
19.100
54,900
50.000
150,000
66.100
772,225
699,383
50
00
00
00
00
00
00
00
85
41.000
32,477
434
736
00
13
75
21
$2,212,825 44
Loans on Bank Stock, amount on each : —
On 56 shares Fitchburg National Bank,
.
On 169 shares Safety Fund National Bank, .
Invested in real estate (for banking purposes),
Estimated value of the same, .
.
.
.
.
.
.
.
.
.
.
.
$5,600 00
13,500 00
.
$150,000 00
150,000 00
Amount of real estate held by foreclosure.................................
Assessed value of the s a m e , .....................................................
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate,
.
.
.
.
$66,100
59.100
5,031
3,104
00
00
00
09
$11
13,465
9,000
10,000
61
52
00
00
Cash on Deposit in Banks, amount in each: —
Shawmut National Bank, Boston,............................................
Maverick National Bank, Boston, .
.
.
.
Fitchburg National Bank, F itc h b u rg ,....................................
Orange National Bank, O r a n g e ,.............................................
Whole amount of interest or profits received or earned,
$112,813 33
Rate and amount of each semi-annual dividend for previous 'I 2 per cent, f
39,870 60
y e a r , ........................................................................................ 2 per cent., \
41,186 17
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: $22,465.52,
3 per cent.; $124,000, 4 per cent.; $55,000, 4^ per cent.; $147,000, 4£
percent.; $35,000, 4| percent.; $761,550,5 percent.; $355,175, 5£ per
cent.; $262,020.35, 6 per cent.; $6,351, 6J per cent.; $23,435, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .......................................................................................................... 241
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
PUBLIC DOCUMENT — No. 8.
119
Aggregate amount of the same............................................................................... $304,658 CO
Amount of investments from which no income is received, .
.
.
.
3,400 00
Number of open a c c o u n t s ,............................................ ........
.
5,523
Number and amount of deposits (including dividends), received for pre
vious year, ........................................................................................
2,699
358,457 00
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................... ........................................... 248
141,574 00
Number and amount of withdrawals..................................................
2,394
287,170 91
Number of accounts opened the previous y e a r , ................................... 671
Number of accounts closed the previous y e a r , ....................................577
Amount of expenses of the corporation during previous year,
.
.
.
4,851 51
Amount of treasurer’s bond....................................................................................
25,000 00
Date of examination by commissioner : September 24.
P u b l ic F u n d s .
Par Value.
United States bonds,
City bonds: —
City of Fitchburg', . . .
of Norwich, Conn., .
of Portland, Me.,
.
Estimated
Market Value.
Amount Invested.
$50,000
$61,000 00
$50,000 00
50.000
17.000
5,000
57,250 00
24,140 00
6,475 00
46,625 00
17,985 00
4,662 50
$122,000 $148,865 00
$119,222 50
B a n k St o c k .
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,
Nat’ l Revere Bank, Boston,
Nat’l Hide and Leather B’k, Boston,
Nat’l B’k of North America, Boston,
Nat’l Bank of Commerce, New
B e d f o r d , ................................
Citizens’ Nat’l Bank, New Bedford,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$15,300
11,300
17,000
10,000
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
$23,256
17,176
18,700
8,000
650
26,000
12,000
3,300
26,550
17,025
14,896
13,920
17,812
11,600
6,798
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
$16,736
12,210
18,050
11,250
500
20,000
10,000
3,000
20,000
15,000
13,300
11,600
15,000
11,600
6,600
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
12,000 00
12,025 00
12,400 00
10,000 00
$198,600 $241,708 50
$207,246 00
120
BANK COMMISSIONERS’ REPORT.
[Jan
R a il r o a d B o n d s .
Estimated
Market Value.
Amount Invested.
$34,000
16,000
$38,080 00
17,960 00
$37,400 00
17,500 00
$50,000
$56,040 00
$54,900 00
Par Value.
Fitchburg Railroad, . . . .
Vermont & Massachusetts Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
P U B L IC
1885.]
121
D O C U M E N T — N o. 8
FLORENCE SAVINGS BANK — FLORENCE.
Incorporated 1873.
Number of corporators, 39.
A. T. L i l l y , President.
Miss M. W . B o n d , Treasurer.
St a t e m e n t .
L
ia b il it ie s
A
.
Deposits, .
Earnings undivided, .
Guaranty fund, .
$175,749 49
1,132 96
3,513 78
s s e t s
.
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest,
Expense account,
Cash on hand, .
.
.
.
.
$180,396 23
Amount of municipal tax on real e s t a t e , .....................................................
$114,705
49,248
15,823
33
585
00
84
32
40
67
$180,396 23
$5 32
Cash on Deposit in Bank: —
Hampshire County National Bank, N o r t h a m p t o n ,....................................$15,823 32
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous i 2 per cent., (
year............................................................................................... 1 2 per cent., (
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: 5. (Extra dividend, 1 per cent., April,
1884.)
The total amount of loans, with each specified rate of interest: $36,250, 5
per cent.; $127,703 84, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................159
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,.......................................................................966
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,227
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 30
Number and amount of w ithdraw als,...................................................... 637
Number of accounts opened the previous y e a r , ................................... 173
Number of accounts closed the previous y e a r , ....................................... 113
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : May 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$9,466 60
3,164 19
3,289 17
116,953 84
59,903 43
15,350 20
52,599 33
994 58
10,000 00
122
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
FOXBOROUGH SAVINGS BANK — FOXBOROtJGH.
Incorporated, 1855.
Number of corporators, 31.
C h a r l e s W . H o d g e s , President.
E li P h e l p s , Treasurer.
Statem ent.
L
ia b il it e s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$100,099 57
6,125 37
2,600 00
»
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest,
Cash on hand, .
.
.
.
$19,000
200
12,450
7,000
5,325
57,400
2,975
3,658
816
.
$108,824 94
00
00
00
00
00
00
00
64
30
$108,824 94
Loan on Public Funds : —
On $200 United States 4 s , .................................................................$200
00
Amount of real estate held by foreclosure,..................................... $5,325
Assessed value of the s a m e ,.................................................................5,010
Amount of income received from the s a m e ,.................................
208
Amount of municipal tax on real estate..........................................
67
00
00
00
14
Cash on Deposit in Bank : —
Merchandise National Bank, B o s t o n ,..............................................$3,658
Whole amount of interest or profits received or earned,.
.
.
.
Rate and amount of each semi-annual dividend forprevious ) 2 per cent., $
y e a r , .............................................................................. >2 per cent.,
(
Times for the dividends, fixed by the by-laws: June and December.
The total amount of loans, with each specified rate of interest: $48,560, 6
per cent.; $1,500, 6J per cent.; $10,515, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..........................................................................................................77
Aggregate amount of the s a m e , . .......................................................................
Amount of investments from which no income is received..............................
Number of open a c c o u n t s ,.......................................................................553
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................
.
.
. 230
Number and amount of deposits of and exceeding $300 atany one time,
for the previous y e a r ,...................................................................... .
17
Number and amount of w ith d raw als,.................................................... 257
Number of accounts opened the previous y e a r , ...................................53
Number of accounts closed the previous y e a r , ...................................64
Amount of expenses of the corporation during previousyear,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : May 12.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
64
$6,401 36
1,854 05
1,881 40
56,575 00
1,000 00
21,236 49
7,130 33
19,299 46
430 90
13,000 00
1 88 5.]
123
P U B L IC D O C U M E N T — N o. 8.
P u b l ic F u n d s .
Par Value.
Estimated
Amount Invested.
Market Value.
City bonds: —
City of Fall River 6s,
of Lynn os,
. . . .
of Keene, N. H., 4s, .
of Dover, N. H , 6s, .
of South Norwalk, Conn., 6s, .
$2,000
9.000
2.000
1,000
5,000
$19,000
$2,330
10,485
2,050
1,160
5,750
00
00
00
00
00
$21,775 00
$2,000
9.000
2.000
1,000
5,000
00
00
00
00
00
$19,000 00
B a n k St o c k .
Blackstone Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Faneuil Hall Nat’l Bank, Boston, .
Hide and Leather Nat’l B’k, Boston,
Merchandise Nat’l Bank, Boston, .
Old Boston Nat'l Bank, Boston.
Webster Nat’l Bank, Boston, .
Dedham Nat’l Bank, Dedham,
Nat’l B’k of Wrentham, Wrentham,
$1,000
2,200
800
1,500
3,000
600
1,000
2,000
350
Vermont & Massachusetts R.R. 5s, .
Boston, Clinton, Fitchburg & New
Bedford Railroad 5s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
00
50
00
00
$1,000
2,200
800
1,500
3,000
600
1,000
2,000
350
00
00
00
00
00
00
00
00
00
$13,612 50
$12,450 00
$5,000
$5,525 00
$5,000 00
2,000
2,220 00
2,000 00
$7,000
$7,745 00
$7,000 00
$12,450
R a il k o a d
$1,030
2,475
1,042
1,740
2,850
723
1,037
2,320
395
B onds.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
124
[Jan
FRAM INGHAM SAYINGS BANK — FRAM INGHAM .
Incorporated March, 1846.
Number of corporators, 37.
L. F. F uller , President.
C. S. A dams, Treasurer.
St a t e m e x t .
L
ia b il it ie s
Deposits, .
Earnings undivided,
Guaranty fund, .
.
A
.
$1,483,522 78
68,434 09
27,800 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans on bank books,
Deposit in banks, not on inter
est, ............................................
Assessment on bank stock,
Premium account, .
Safe, vault, etc.,
Cash on hand, .
.
.
.
$1,579,756 87
$193,800
170,600
19,300
76,000
26,450
906,388
106,336
1,300
00
00
00
00
00
57
08
00
43,588
10,000
19,546
2,000
4,447
58
00
25
00
39
$1,579,756 87
Amount of real estate held by foreclosure, ......................................................
Assessed value of the s a m e ,................................................................................
Amount of income received from the s a m e ,.....................................................
Amount of municipal tax on real estate,
o
o
oo
Loans on Bank Stock, amount on each : —
On 40 shares Framingham National B a n k ,.....................................................
On 104 shares National Bank of Redemption.....................................................>
On 100 shares Boston National B a n k ,..............................................................)
On 6 shares Waltham National B a n k ,..............................................................
00
15,000 00
600 00
$26,450
28,900
1,410
412
00
00
12
18
Cash on Deposit in Banks, amount in each : —
South Framingham National Bank......................................................................
Framingham National Bank, .
.
.
.
............................................
$33,480 08
10,108 50
$79,810 12
Whole amount of interest or profits received or earned,
.
.
.
.
31,791 12^
Rate and amount of each semi-annual dividend for previous ^ 2^ per cent., f
31,910 16
year.................................. ............................................................. i 2^ per cent., \
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: $15,000,
4 per cent.; $8,000, 5 per cent.; $1,010,324.65, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 612
572,310 65
Aggregate amount of the s a m e , ......................................................
29,000 00
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,....................................................................... 5,824
Number and amount of deposits (including dividends), received for pre
390,625 10
vious y e a r , ..................................................................................................3,095
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 885.]
125
P U B L IC D O C U M E N T — N o . 8
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,........................................................................... 281
Number and amount of w ith draw als,...................................
2,001
Number of accounts opened the previous y e a r , ................................824
Number of accounts closed the previous year,.
.
.
.
.
442
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : September 5.
P u b l ic
City and town bonds : —
City of Boston,
. . .
of Lowell,
. . .
of Worcester, . . .
of Providence, R. I.,
of Lewiston, Me.,
of Portsmouth, N. H.,
of Keene, N. H.,
Town of Marlborough, .
of Norwalk, Conn.,
$14,800
.
.
.
20,000
20,000
25,000
30,000
9,000
2,000
23,000
20,000
30,000
Estimated
Market Value.
$17,000 00
23,000
21,500
28,000
33,500
12,000
2,100
24,000
21,500
32,600
00
00
00
00
00
00
00
00
00
$193,800 $215,200 00
Bank
Atlas Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Central Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Framingham Nat’l B’k Framingham,
South Framingham Nat’l B’k, Frami n g h a 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,
Mt. 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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
4,000 00
20,000 00
F unds.
Par Value.
United States bonds,
$179,604 15
318,824 99
Amount Invested.
$14,800 00
20,000
20,000
25,000
30,000
9,000
2,000
23,000
20,000
30,000
00
00
00
00
00
00
00
00
00
$193,800 00
St o c k .
$600
3,300
1,900
11,900
10,000
10,000
15,500
9,800
$900
3,800
2,200
15,500
8,000
12,000
18,500
14,500
00
00
00
00
00
00
00
00
$600
3,300
1,900
11,900
10,000
10,000
15,500
9,800
00
00
00
00
00
00
00
00
9,800
16,500
3,000
1,500
18,000
13,600
1,000
3,000
8,500
9,000
3,000
5,000
9,200
6,500
10,300
34,100
3,700
1,700
21,000
17,500
1,100
3,200
10,600
11,300
4,500
5,000
9,200
7,200
00
00
00
00
00
00
00
00
00
00
00
00
00
00
9,800
16,500
3,000
1,500
18,000
13,600
1,000
3,000
8,500
9,000
3,000
5,000
9,200
6,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$170,600 $215,800 00
$170,600 00
126
[Jan
B A N K C O M M IS S IO N E R S ’ R E P O R T
R a il r o a d
B onds.
Tar Value.
Estimated
Amount Invested.
Market Value.
Salem & Lowell Railroad,
Fitchburg Railroad, . . . .
Boston & Lowell Railroad,
Newport & Richford Railroad,
$5,000
45.000
6,000
20.000
$76,000
$5,600
47,200
6,900
22,000
$5,000
45.000
*6,000
20.000
00
00
00
00
$81,700 00
$76,000 00
* This bank has been notified that $3,000 of this investment is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
1 8 8 5 .]
127
P U B L IC D O C U M E N T — N o. 8.
FRANKLIN SAYINGS BANK — BOSTON.
Incorporated 1861.
Number of corporators, 58.
O sm y n B r e w s t e r , President.
H enry W
h it t e m o r e ,
Treasurer.
Statem en t.
L
ia b il it ie s
.
$3,827,105 91
Deposits,
Earnings undivided, .
115,955 76
Guaranty fund, .
70,669 90
Interest,
20,092 76
A
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Loans on railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$4,033,824 33
$236,828
80,953
2,150
250
158,000
2,581,616
703,092
181,975
12
23
00
00
12
00
85
00
82,307 23
3,700 36
2,951 42
$4,033,824 33
Loan on Bank Stock: —
On 40 shares First National Bank, South Weymouth,................................... $2,150 00
Loan on Railroad Bonds : —
On $500 Boston & Maine Railroad..................................................................................$250 00
Amount of real estate held by foreclosure,......................................................... $158,000
Assessed value of the s a m e , ...............................................................................
161,900
Amount of income received from the s a m e ,.....................................................
7,849
Amount of municipal tax on real e s t a t e , .....................................................
2,684
12
00
08
30
Cash on Deposit in Banks, amount in each: —
Boylston National Bank, B o s to n ,..................................................... . .
.
$70,496 41
National Revere Bank, B o s t o n , .......................................................................11,810 82
Whole amount of interest or profits received or earned,
.
.
.
.
$179,783 55
Rate and amount of each semi-annual dividend for'previous ) 2 per cent., f
65,637 84
y e a r , ............................................................................... J 2 per cent., I
69,199 61
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: 5|.
The total amount of loans, with each specified rate of interest: $515,000,
4£ per cent.; $235,000, 4| per cent.; $1,799,701, 5 per cent.; $238,415, 5£
per cent.; $414,892.85, 6 per cent.; $41,100, 6£ per cent.; $43,000, 7 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ......................................................................................................... 158
Aggregate amount of the same..............................................................................
323,310 00
Amount of investments from which no income is received, .
.
.
.
7,216 56
N umber of open a c c o u n t s ,..............................................................9,107
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
128
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
Number and amount of deposits (including dividends), received for previous y e a r , ........................................................................................ 7,821 $1,079,444 45
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 933
561,033 27
Number and amount of w ith draw als,............................................
5,744
659,361 27
Number of accounts opened the previous year,
.
.
.
.
1,941
Number of accounts closed the previous year,
.
.
.
.
1,064
Amount of expenses of the corporation during previous year,
.
.
. 15,04187
Amount of treasurer’s b o n d ,................................................................................
10,000 00
Date of examination by commissioner : March 20.
P u b l ic F u n d s .
Par Value.
United States 4Js,
.
.
.
.
Estimated
Market Value.
$225,000 $256,218 75
Amount Invested-
$236,828 12
B a n k St o c k .
Continental Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
New England Nat’l Bank, Boston, .
Nat’l Webster Bank, Boston, .
Nat’l Exchange Bank, Boston,
Third Nat’l Bank, Springfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$23,500
20,000
14,600
5,500
5,500
4,000
3,100
1,000
5,000
$24,205
23,750
17,520
6,448
8,387
5,320
3,216
1,140
8,000
00
00
00
75
50
00
25
00
00
$82,200
$97,987 50
$22,237
20,234
14,067
5,520
5,602
4,170
2,905
1,215
5,000
75
38
UO
00
95
00
75
40
00
$80,953 23
129
P U B L IC D O C U M E N T — N o. 8
1 8 8 5 .]
FR AN K LIN SAYINGS INSTITUTION — GREENFIELD.
Incorporated 1834.
Number of corporators, 20.
S a m u e l 0 . L a m b , President.
W
il l ia m
H. A l l e n , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Interest account,
.
$2,910,282
7,772
57,900
30,191
A
50
91
00
93
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
,
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.........................................
Deposit in banks, on interest, .
Expense account,
Unpaid interest,
Cash on hand, .
.
.
.
$3,006,147 34
$928,500
65,900
49,539
232,500
651,625
733,335
00
00
63
00
18
50
121,088
220,734
1,259
975
689
00
57
81
60
05
$3,006,147 34
Loans on Bank Stock, amount on each : —
On 98 shares Hampshire County National Bank, Northampton,
.
.j
On 26 shares First National Bank. N o r t h a m p t o n ,....................................J
On 62 shares First National Bank, N o r t h a m p t o n ,...................................
On 10 shares City National Bank, W o r c e s t e r ,............................................
On 8 shares Agawan National Bank, S p r i n g f i e l d , ...................................
On 21 shares City National Bank, W o r c e s t e r ,............................................ 1
On 28 shares Ware National Bank, Ware, .
.
.
.
.
.
.J
On 10 shares Crocker National Bank, Turner’s F a lls ,....................................
On 58 shares Franklin County National Bank, Greenfield, .
.
.
.
On 25 shares Shelburne Falls National Bank, Shelburne Falls, .
.
.
On 17 shares E’irst National Bank, G r e e n fie ld ,............................................
On 8 shares Conway National Bank, C o n w a y ,............................................
On 125 shares Home National Bank, Holyoke..................................................
On 12 shares City National Bank, G l o u c e s t e r ,............................................
On 50 shares North National Bank, B o s t o n , ............................................
^qq
’
5,389
800
300
4 900
qq
63
00
00
00
1,000 00
5,75000
1,50000
2,000 00
700 00
10,000 00
1,000 00
3,800 00
Cash on Deposit in Banks, amount in each : —
Packard National Bank, G r e e n f ie ld ,.............................................................. $30,000 00
National Hide and Leather Bank, B o s t o n ,.....................................................
14,680
First National Bank, G reen field ,.......................................................................
51,053
Athol National Bank, Athol...................................................................................
5,000
City National Bank, S prin gfield,.......................................................................
50,000
Crocker National Bank, Turner’s F a l l s , .....................................................
20,000
Holyoke National Bank, Holyoke,
.
.
.
a....................................
20,000
Orange National Bank, O r a n g e ,.......................................................................
10,000
Home National, Bank, H o l y o k e ,.......................................................................
10,000
Vermont National Bank, B rattleborou gh ,.....................................................
10,000
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
77
80
00
00
00
00
00
00
00
130
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Whole amount of interest or profits received or earned,
.
.
.
.
$159,132 58
Rate and amount of each semi-annual dividend for previous j 2 per cent., f
56,234 37
y e a r , ............................................................................... j 2 per cent., 1
56,464 03
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. (Last extra dividend, in 1872.)
The total amount of loans, with each specified rate of interest: $25,000, 4
per cent.; $283,588, 4J per cent.; $75,000, 4| per cent.; $125,000, 4| per
cent.; $1,030,922.81, 5 per cent.; $16,077 50, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
- $3,000 e a c h ,................................................................................................. 506
Aggregate amount of the s a m e , .......................................................................
427,173 11
Number of open a c c o u n t s ,.......................................................................6,955
Number and amount of deposits (including dividends), received for pre
3,235
430,336 91
vious year.............................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 292
173,162 92
Number and amount of w ith d raw als,............................................
3,242
382,836 70
Number of accounts opened the previous y e a r , ................................... 735
Number of accounts closed the previous year............................................ 671
Amount of expenses of the corporation during previous year,
.
.
.
4,793 71
Amount of treasurer’s b o n d ,................................................................................
50,000 00
Date of examination by commissioner : September 22.
P u b l ic F u n d s .
Par Value.
United States 4is,
.
.
.
.
City and town bonds : —
City of Nashua, N. 11.,
of VVorcester............................
of Springfield, . . . .
of Lawrence, .
of Fitchburg, . . . .
of Boston,................................
of L y n n ,................................
of Cambridge, . . . .
of Holyoke,
. . . .
of Lowell,
. . . .
of Portland, Me.,
of Fall River, . . . .
of Brockton, . . . .
of Providence, R.I., .
of Taunton,
. . . .
Town of Adams,
. . . .
of Malden, . . . .
of Brookline, . . . .
of Everett, . . . .
of Amherst, . . . .
of Greenfield,
of G i l l , ................................
of Chicopee Falls, .
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amoupt Invested.
$60,000
$68,400 00
$60,000 00
75,000
18,000
34,000
30,000
13,000
72,000
10,000
64,000
45,000
46,000
5,000
70,000
28,000
125,000
1,000
25,000
60,000
42,000
25,000
45,000
12,500
10,000
13,000
94,875
20,595
45,844
37,650
14,885
86,946
12,000
70,980
55,350
50,830
5,400
77,085
32,335
155,416
1,185
29,250
70,475
55,790
28,750
51,000
13,104
10,516
13,383
75,000
18,000
34,000
30,000
13,000
72,000
10,000
64,000
45,000
46,000
5,000
70,000
28,000
125,000
1,000
25,000
60,000
42,000
25,000
45,000
12,500
10,000
13,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
CO
00
00
00
00
00
$928,500 $1,102,044 00 $928,500 00
1885.J
131
P U B L IC D O C U M E N T — N o. 8
B a n k St o c k .
Par Value.
First Nat’l Bank, Greenfield, .
First Nat’l Bank, Northampton,
Commerce Nat’l Bank, Boston,
Faneuil Hall Nat’l Bank, Boston, .
North America Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Pittsfield Nat’l Bank, Pittsfield,
Adams Nat’l Bank, North Adams, .
$9,800
4,900
15,300
500
8,700
12,500
10,200
3.000
1.000
$65,900
Estimated
Market Value.
$18,620
6,370
16,983
651
8,961
14,844
10,302
4,680
1,450
00
00
00
00
00
00
00
00
00
Amount Invested.
$16,554
6,604
21,035
538
8,982
12,500
10,273
4,680
1,450
00
00
00
75
50
00
75
00
00
$82,861 00
$82,618 00
$64,667
55,500
55,500
30,437
64,975
$50,000
50,000
50,000
25,000
57,500
R a il r o a d B o n d s .
Vermont & Massachusetts R. R. 7s,
Vermont & Massachusetts R R 5s,
Vermont Valley R. R. of 1871,
Boston & Albany Railroad,
Eastern Railroad, . . . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50,000
50,000
50,000
25,000
57,500
00
00
00
00
00
$232,500 $271,079 00
00
00
00
00
00
$232,500 00
132
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
GARDNER SAYINGS BANK — GARDNER.
Incorporated 1868.
Number of corporators,*81.
J o h n D. E d g e l l , Treasurer.
F r a n k l in E a t o n , President.
Sta te m e n t.
L
ia b il it ie s
.
A
Deposits,
Earnings undivided, .
Guaranty fund, .
Interest,
$795,734
3,991
19,867
7,223
36
2-5
00
51
s s e t s
.
$3,250
105,300
9,800
24,000
881
406,811
151,432
Public funds................................
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Deposit in banks, not on interest, .
.
.
.
.
Expense account,
.
$826,816 12
00
00
00
00
63
39
21
110,193 50
2,969 62
11,864 63
313 14
$826,816-12
Loan on Bank Stock : —
On 132 shares First National Bank, G a r d n e r , .................................. $9,800
CO
Amount of real estate held by foreclo su re,............................................ $881
Assessed value of the s a m e ,.................................................................
300
Amount of income received from the s a m e ,.......................................
25
Amount of municipal tax on real e s t a t e , .......................................
5
63
00
00
08
Cash on Deposit in Banks, amount in each : —
Pacific National Bank, B o s t o n , .......................................................................$2,969 62
First National Bank, G a r d n e r , .......................................................................
11,864 63
Whole amount of interest or profits received or earned,
.
.
.
.
$38,615 34
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
14,643 44
y e a r , ...............................................................................
J 2 per cent, i
15,008 40
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: $6,750, 3^
per cent.; $80,000, 4 per cent.; $30,193.50, 4£ per cent.; $114,546.50, 5
per cent.; $446,747.10, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
................................... 582
each,
..............................................................
367,961 60
Aggregate amount of the same,
Number of open accounts,
.
.
.
.
2,647
Number and amount of deposits (including dividends) received for pre6,798
167,743 63
vious y e a r , .....................................................
Number and amount of deposits of and exceeding $300 at any one time for
the previous y e a r , ................................................................................ 108
53,383 15
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 885.]
133
P U B L IC D O C U M E N T — N o. 8.
Number and amount of w ithdraw als,....................................
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 4.
1,365
. 351
. 337
$140,969 28
1,507 14
15,000 00
P u b lic F u n d s .
Tar Value.
United States 4s, 1907,
United States 4^-s, 1894, .
City of Bath, Me., 6s, 1885,
Estimated
Market Value.
Amount Invested.
*1,100
1,150
1,000
$1,342 00
1,288 00
1,000 00
$1,100 00
1,150 00
1,000 00
$3,250
$3,630 00
$3,250 00
$6,250
2,500
9,360
2,100
1,400
3,150
12,500
12,500
5,075
666
600
2,825
14,000
1,545
4,750
5,850
665
1,905
2,264
5,150
510
6,100
2,375
5,800
1,155
1,824
6,400
5,650
$5,000
2,000
7,800
2,000
1,000
1,800
10,000
10,000
2,900
600
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
B a n k St o c k .
Mechanics’ Nat’l Bank, Worcester, .
Citizens’ Nat’l Bank, Worcester,
First Nat’l Bank, Gardner,
First Nat’l Bank, Ashburnham,
First Nat’l Bank, Winchendon,
Miller’s River Nat’l Bank, Athol,
Orange Nat’l Bank, Orange, .
Crocker Nat’l Bank, Turner’s Falls,
Rollstone Nat’l Bank, Fitchburg, .
Metropolitan Nat’l Bank, Boston, .
Central Nat’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 B’k, Boston,
Nat’l Elide and Leather B’k, Boston,
Eagle Nat’l Bank, Boston,
Nat’l Exchange Bank, Boston,
Nat’l Bank of Republic, Boston,
Nat’l B’k of Commonwealth, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
2,000
7,800
2,000
1,000
1,800
10,000
10,000
2,900
600
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
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
CO
00
00
00
$105,300 $124,869 00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$105,300 00
134
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
R a il r o a d B o n d s .
Par Value.
Boston & Albany Railroad 7s,.
Boston & Maine Railroad 7s, .
Boston, Revere Beach & Lynn Railroad 6s,.
Connecticut & Passumpsic Rivers
Railroad 7s, .
.
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$8,000
5,000
$9,600 00
6,100 00
$8,000 00
5,000 00
1,000
1,100 00
1,000 00
10,000
12,000 00
10,000 00
$24,000
$28,800 00
$24,000 00
1 8 8 5 .]
P U B L IC
D O C U M E N T — N o . 8.
135
GEORGETOWN SAYINGS BANK — GEORGETOWN.
Incorporated 1868.
Number of corporators, 63.
J e r e m ia h P. J o n e s , President.
O r l a n d o B. T e n n e y , Treasurer.
S tatem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fuqd, .
.
A
$263,665 46
1,239 55
5,900 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, .
.
.
.
.
.
Interest due, .
.
.
.
Cash on hand, .
.
.
.
$270,805 01
Amount of real estate held by foreclosure, .
Assessed value of the same, .
Amount of income received from the same, .
Amount of municipal tax on real estate,
$19,000
15,300
5,900
179,611
32,364
00
00
00
92
00
7,000 00
10,063 95
197 24
1,258 45
109 45
$270,805 01
$5,900 00
6,200 00
553 74
89 42
Cash on Deposit in Banks, amount in each : —
Blaclcstone National Bank, Boston................................................................$10,063
..................................
197
Georgetown National Bank, Georgetown,
.
95
24
Whole amount of interest or profits received or earned............................ $14,879
32
Rate and amount of each semi-annual dividend for previous ^ 2Jper cent, f
5,854 61
y e a r , ........................................................................................ 1 2£ per cent., \
6,222 08
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: $17,700, 5
percent ; $135,107, 6 per cent.; $3,975, 6£ per cent.; $62,194.92,7 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................213
Aggregate amount of the s a m e , .......................................................................
155,256 92
Number of open a c c o u n t s ,....................................................................... 849
Number and amount of deposits (including dividends), received for pre
vious year...................................................................................................... 602
59,379 79
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 34
20,241 54
Number and amount of w ithdraw als,..................................................... 432
34,556 50
Number of accounts opened the previous year,
.
.
.
.
.
127
Number of accounts closed the previousy e a r , .......................................... 59
Amount of expenses of the corporation during previous year,
.
.
.
978 83
Amount of treasurer’s bond....................................................................................
10,000 00
Date of examination by commissioner: May 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
136
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan
P u b lic F u n d s .
Par Value.
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., 6s,
Town of Melrose 7s,
$2,500
2,000
2,000
6,000
1,500
3,000
2,000
$19,000
Estimated
Market Value.
$2,600
2,200
2,300
6,200
1,650
3,100
2,400
00
00
00
00
00
00
00
$20,450 00
Amount Invested.
$2,500
2,000
2,000
6,000
1,500
3,000
2,000
00
00
00
00
00
00
00
$19,000 00
Ba n k S t o c k .
Market Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Manufacturers1 Nat’l Bank, Boston,
State National Bank, Boston, .
Georgetown Nat'l B’k, Georgetown,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000
1,300
3,000
3,000
7,000
$950
1,600
3,000
3,600
7,000
$15,300
$16,150 00
00
00
00
00
00
$1,000
1,300
3,000
3,000
7,000
00
00
00
00
00
$15,300 00
P U B L IC
1 885.]
D O C U M E N T , — N o . 8.
137
GRAFTON SAYINGS BA N K — GRAFTON.
Incorporated March 13, 1869.
Number of corporators, 50.
H e n r y F. VYi n g , Treasurer.
G e o r g e K . N ic h o l s , President.
State m e n t.
L
ia b il it ie s
A
.
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, not on interest,
$202,951 89
11,756 14
3,400 00
Deposits, .
Earnings undivided, .
Guaranty fund, .
s s e t s
:
- '
37
99
00
18
68,580 00
2,361 49
$218,108 03
$218,108 03
;
$15,634
37,474
50,285
43,772
—
■ .... ..... ................................................. ...............
Cash on Deposit in Bank: —
Grafton National B a n k ,........................................................................................ $2,361 49
Whole amount of interest or profits received or earned.................................... $9,785 52
Rate and amount of each semi-annual dividend for previous 1 2 per cent., J
3,750 32
y e a r , ............................................................................... J 2 per cent., \
3,987 71
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.
The total amount of loans, with each specified rate of interest: $51,580,
4 per cent.; $35,500, 4J per cent.; $12,000, 5 per cent.; $63,557.18, 6 per
cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,...................................................................... ........
68
..............................................................
73,057 18
Aggregate amount of the same,
.
Number of open a c c o u n t s ,..........................................................................652
Number and amount of deposits (including dividends), received for previ
ous y e a r , .................................................................................................... 322
37,52629
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 26
13,60000
Number and amount of withdrawals........................................................... 289
20,48542
Number of accounts opened the previous year,
.
.
.*
.6 8
Number of accounts closed the previous y e a r , ...................................34
Amount of expenses of the corporation during previous year,
.
.
.
10000
Amount of treasurer’s b o n d ,...............................................................................
10,000 00
Date of examination by commissioner: June 18.
P u b lic F u n d s .
United States 4is,
.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
.
Par Value.
Estimated
Market Value.
Amount Invested.
$15,000
$17,100 00
$15,634 37
138
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan
B a n k St o c k .
Par Value.
Redemption Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Shawmut Natfl 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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000
3,000
2,000
1,000
1,300
1,500
1,000
3,800
1,400
500
300
2,800
1,000
500
500
1,000
1,300
6,300
$32,200
i
Estimated
Market Value.
$3,600
3,562
2,450
1,150
1,326
1,710
1,220
3,800
1,330
535
330
2,902
1,220
500
545
1,100
1,495
7,245
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$36,020 50
Amount Invested.
$4,187
3,814
2,040
1,222
1,476
1,744
1.206
4,276
1.949
677
363
3,200
1,230
550
500
1,000
1,462
6,575
75
00
00
75
12
50
25
00
50
12
25
25
00
00
00
00
50
00
$37,474 99
P U B L IC
1 885.]
139
D O C U M E N T — N o. 8.
GREAT BARRINGTON SAYINGS BANK — GREAT BARRINGTON.
Incorporated February 23, 1869.
Number of corporators, 50.
C h a r l e s J. T a y l o r , Treasurer.
E g b e r t H o l l is t e r , President.
Statem ent.
L
ia b il it ie s
A
.
Deposits,
Earnings undivided, .
Guaranty fund, .
$271,266 88
12,055 84
5,011 58
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
Loans on bank stock,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, ............................................
Expense account,
Cash on hand, .
.
.
.
$1,000
52,610
1,259
13,000
621
114,006
62,686
34,527
00
49
03
00
07
11
16
82
7,474 30
704 45
444 87
$288,334 30
$288,334 30
Loans on Bank Stock, amount on each: —
On 10 shares National Mahaiwe B a n k ,..............................................................$759 03
On 15 shares National Exchange Bank, Hartford, Ct.,
.
.
.
.
500 00
Invested in real estate (for banking p u r p o s e s ) ,.................................................. $13,000
13,000
Estimated value of the same, ................................................................................
Amount of real estate held by foreclosure,.....................................................
621
Assessed value of the s a m e , ...............................................................................
106
Amount of income received from the s a m e ,.....................................................
10
Amount of municipal tax on real e s t a t e , .....................................................
80
00
00
07
82
25
60
Cash on Deposit in Banks, amount in each: —
National Bank of Redemption, Boston,...................................
National Mahaiwe Bank, Great Barrington, .
.
.
.
.
•
.*
L'-
tj T
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
CO
. . .
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous } 2 per cent., <,
) 2 per cent., (
y e a r , ...............................................................................
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, 5
per cent.; $171,951.30, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 119
Aggregate amount of the s a m e , ......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open accounts,
. • ..................................................... 1,341
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
3,257
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................
55
Number and amount of w ithdraw als,...................................................... 766
$34,527 82
7,474 30
15
4,883 97
4,918 57
103,451 30
628 68
75,65017
26,98458
58,81903
140
[Jan
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Number of accounts opened the previous year, .
.
.
.
.
254
Number of accounts closed the previous year,
.
. " .
.
. 197
Amount of expenses of the corporation during the previous
year,
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: July 21.
.
.
10,000 00
P u b lic F u n d s .
Par Value.
United States 4^s,
.
.
.
.
$1,000
Estimated
Market Value.
Amount Invested.
$1,125 00
$1,000 00
$4,940
6,205
405
1,300
450
1,300
1.547
7,502
2,242
1,540
7,290
7,062
1,988
4,536
3,325
$5,445
6,1^2
405
1,280
450
1,500
1,703
7,502
2,227
1,345
7,290
7,062
2,020
4,835
3,392
B a n k St o c k .
N’l Mahaiwe B’k, Great Barrington
Lee Nat’ l Bank, Lee, Mass.,
Pittsfield N’l Bank, Pittsfield, Mass.
First Nat’l Bank, Adams, Mass.,
Housatonie N’l Bank, Stockbridge
Faneuil Hall Nat’l Bank, Boston,
Suffolk National Bank, Boston,
Nat’l Bank of Redemption, Boston,
Hamilton Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
New England Nat’l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston
Union Nat’l Bank, Boston,
Nat’l Bank of No. America, Boston
Merchants’ Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,800
5,110
300
1,000
300
1,000
1,300
5,900
1,900
1,000
5,400
6,600
1,400
4,200
2,500
$41,710
00
00
00
00
00
00
00
59
00
00
00
00
00
00
00
$51,632 59
20
00
00
00
00
00
00
59
75
00
00
00
20
25
50
$52,610 49
$ 1,31
1 88 5.]
141
P U B L IC D O C U M E N T — No. 8
GREENFIELD SAYINGS BANK — GREENFIELD.
Incorporated 1869.
Number of corporators, 30.
A lbert M. G l e a s o n , Treasurer.
N e w e l l S n o w , President.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
$1,094,159 81
1,823 82
18,825 00
A
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate.
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, .
.
.
.
.
.
Expense account,
Premiums,
.
.
.
.
Interest due,
.
.
.
.
Furniture and fixtures,
Cash ou> hand, .
.
.
.
$1,114,808 63
$178,000
107,100
17,840
20,500
562,488
92,430
00
00
00
00
11
00
10,912 93
67,513 09
680
1,114
53,299
46
2,246
636
34
65
48
25
97
81
$1,114,808 63
Loans on Bank Stock, amount on each : —
On 90 shares Franklin Co. National Bank, Greenfield,
On 58 shares Palmer National Bank, Palmer,
On 16 shares Crocker National Bank, Turner’s Falls, .
On 25 shares Conway National Bank, Conway, .
On 10 shares Adams National Bank, North Adams, .
On 5 shares First National Bank, Northampton, .
On 4 shares Packard National Bank, Greenfield, .
$7,140
5,800
1,600
1,400
1,000
500
400
00
00
00
00
00
00
00
Orange National Bank, O r a n g e ,............................................
Agawam National Bank, S p rin gfield ,....................................
Palmer National Bank, P a l m e r ,............................................
Vermont National Bank, Brattleborongh,
.
.
.
.
People’s National Bank, Brattleborough,
.
.
.
.
Home National Bank, H o ly o k e ,............................................
Holyoke National Bank, H o l y o k e , ...................................
Commerce National Bank, B o s t o n , ....................................
Packard National Bank, Greenfield,
.
.
.
.'
.
$20,000
10,000
10,000
10,000
10,000
5,000
2,500
680
13
00
00
00
00
00
00
00
34
09
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 2 per cent.,
y e a r ,........................................................................................
2 per cent.,
Times for the dividends, fixed by the by-laws : January 1 and July 1.
$51,579 65
20,221 19
20,727 61
,
Cash on Deposit in Banks, amount in each : —
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 5.03
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
142
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
The total amount of loans, with each specified rate of interest: $4,000, 4 per
cent.; $69,612.93, 4J per cent.; $1,500, 4| per cent.; $676,058.11, 5 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 431
Aggregate amount of the same.............................................................................. $350,006 04
Number of open accounts,
. * ...................................................... 2,529
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,470
215,634 41
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 180
91,077 54
1,457
159,374 46
Number and amount of withdrawals..................................................
Number of accounts opened the previous year,
.
.
.
.
.
371
Number of accounts closed the previous y e a r , ....................................... 335
Amount of expenses of the corporation during previous year,
.
.
.
2,764 83
Amount of treasurer’s b o n d ,................................................................................
25,000 00
Date of examination by commissioner: September 23.
P u blic F u n d s .
Par Value.
City and town bonds : —
City of Burlington, Vt., .
of Milwaukee, Wis ,
of Springfield,
Ip
Town of Pittsfield, . . .
of Rutland, V t ,
Estimated
Market Value.
Amount Invested.
#
.
$35,000
30.000
8,000
65.000
40.000
$36,750
36,000
8,700
68,900
42,400
00
00
00
00
00
$178,000 $192,750 00
$35,000
30.000
8,000
65.000
40.000
00
00
00
00
00
$178,000 00
B a n k St o c k .
Market Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Hamilton Nat’ l Bank, Boston, .
Second Nat’l Bank, Boston,
Washington Nat’l Bank, Boston,
Metropolitan Nat’l Bank, Boston, .
Hide and Leather Nat’l B’k, Boston,
Redemption Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
Chicopee Nat’l Bank, Springfield, .
Agawam Nat’l Bank, Springfield, .
First Nat’l Bank, Springfield, .
Third Nat’l Bank, Springfield,
City Nat’l Bank, Springfield, .
First Nat’l Bank, Greenfield, .
First Nat’l Bank, Westfield, .
First Nat’l Bank, Chicopee,
Holyoke NatT Bank, Holyoke,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,800
4,200
3,800
3,500
1,000
300
3,000
1,300
5,200
4,800
600
300
5,000
5,000
11,000
4,500
3,400
5,000
1,200
13,800
$1,660 50
5,166 00
5,110 00
4,200 00
1,500 00
390 75
3,360 00
1,508 00
5,824 00
5,712 00
660 00
513 00
6,750 00
8,200 00
20,350 00
5,850 00
6,528 CO
7,000 00
1,920 CO
17,250 00
$1,800
4,200
3,800
3,500
1,000
300
3,000
1,300
5,200
4,800
600
300
5,000
5,000
11,000
4,500
3,400
5,000
1,200
13,800
00
00
00
00
00
00
CO
00
00
00
00
00
00
00
00
00
00
00
00
00
1 88 5.]
143
P U B L IC D O C U M E N T — N o. 8
B a n k Stock — Concluded.
Par Value.
Hadley Falls Nat’l Bank, Holyoke,
Palmer Nat’l Bank, Palmer, .
Orange Nat’l Bank, Orange, .
Athol Nat’l Bank, Athol, .
Conway Nat’l Bank, Conway, .
$1,400
13,300
5.000
3,700
5.000
Estimated
Market Value.
$2,394
17,955
6,500
4,200
6,250
00
00
00
00
00
$107,100 $146,751 25
Amount Invested.
$1,400
13,300
5.000
3,700
5.000
00
00
00
00
00
$107,100 00
R a ilr o ad B onds .
Eastern Railroad.............................
Newport & Richford Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,500
10,000
$11,760 00
10,500 00
$10,500 00
10,000 00
$20,500
$22,260 00
$20,500 00
144
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
GROVELAND SAYINGS BANK — GROVEL AND.
Incorporated 1869.
Number of corporators, 26.
M oses F o s t e r , President.
N a t h a n ie l H . G r i f f i t h , Treasurer.
Statem ent.
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
A ssets.
$48,477 66
381 69
1,400 00
Bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Deposit in banks, not on inter
est,
....................................
Cash on hand...............................
$50,259 35
Amount of real estate held by foreclosure,.......................................... $1,100
Assessed value of the s a m e ,.................................................................
1,260
32
Amount of income received from the s a m e ,......................................
Amount of municipal tax on real e s t a t e , .......................................
14
$3,869
4.000
1,100
28,200
4,300
00
00
00
00
00
600 00
7.000 00
931 54
258 81
$50,259 35
00
00
00
40
Cash on Deposit in Banks, amount in each : —
First National Bank, M e r r im a c ,.................................................................. ....
$7,000 00
Essex National Bank, H averhill,.........................................................
931
54
Whole amount of interest or profits r e c e i v e d , .................................. $2,780
Rate and amount of each semi-annual dividend for previous 1 2^per cent., f
y e a r , ........................................................................................ J 2£ per cent., 1
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.
The total amount of loans, with each specified rate of interest: $7,000, 4
per cent.; $600, 5 per cent ; $14,850, 6 per cent.; $2,800, 6^ per cent ;
$14,850, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................... 49
Aggregate amount of the same,
.
.
.
.............................................
Number of open a c c o u n t s ,.......................................................................182
Number and amount of deposits (including dividends), received for pre
vious year....................................................................................................... 75
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................
7
Number and amount of withdrawals, .
80
Number of accounts opened the previous y e a r , ................................... 20
Number of accounts closed the previous y e a r , ......................................... 14
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : May 26.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
57
1,085 67
1,15540
33,100 00
9,611 39
3,452 52
5,101 64
1C6 50
5,000 00
1885.]
P U B L IC D O C U M E N T — N o. 8
145
B a n k St o c k .
Par Value.
First Ward Nat’l Bank, Boston,
Fourth Nat’l Bank, Boston,
Manufacturers’ Nat’l Bank, Boston,
Mechanics’ Nat’l B’k, Newburyport,
Merchants’ Nat’l B’k, Newburyport,
$600
800
1,300
900
100
$3,700
Estimated
Market Value.
$720
900
1,300
1,050
125
00
00
00
00
00
Amount Invested.
$600
790
1,319
1,035
125
00
00
00
00
00
$1,095 00
$3,869 00
$3,000
1,000
$3,700 00
1,100 00
$3,000 (0
1,000 00
$1,000
$1,800 00
$1,000 00
R ailroad B onds .
Boston and Maine Railroad,
Fitchburg Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
146
[Jan
B A N K C O M M IS S IO N E R S ’ R E P O R T
HAMPDEN SAYINGS BANK — SPRINGFIELD.
Incorporated 1852.
Number of corporators, 47.
P e t e r S. B a i l e y , Treasurer.
E l ip h a l e t T r a s k , President.
St a t e m e n t .
A ssets.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
Loans on bank stock,
Loans on railroad stock, .
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans on bank books,
Deposit in banks, on interest. .
Deposit in banks, not on inter
est,
...................................
Expense account,
Suspense account,
Cash on hand, .
.
$1,753,273 56
24,365 19
34,600 00
$100,000
20,000
264,999
42,100
1,500
153,353
877,285
273,159
350
60,000
00
00
00
00
00
98
00
69
00
00
9,975
1,114
5,100
3,300
00
61
60
87
$1,812,238 75
$1,812,238 75
Loan on Public Funds : —
On $20,000 United States 4^s,
.
.
.
.
00
....................................$20,000
Loans on Bank Stock, amount on each: —
On 60 shares Agawam National Bank, .
On 15 shares John Hancock National Bank, .
On 2 shares Chicopee National Bank, 5
On 9 shares Chapin National Bank, >
On 5 shares Pynchon National Bank, J
On 25 shares Third National Bank,
On 25 shares Chapin National Bank, 1
On 30 shares City National Bank,
/
On 6 shares Saybrook National Bank, .
On 70 shares Holyoke National Bank, .
On 73 shares Agawam National Bank, 1
On 8 shares First National Bank,
J
On 105 shares Chapin National Bank, .
On 5 shares Ware National Bank, .
.
.
.
................................... $6,000
00
...................................
500 00
00
....................................1,600
....................................2,500
00
....................................5,300
00
....................................
....................................7,000
500 00
00
....................................8,100
00
00
....................................10,500
...................................
100 00
Loan on Railroad Stock : —
On 15 shares Connecticut River Railroad,
....................................$1,500
00
Amount of real estate held by foreclosure, .
Assessed value of the s a m e , ...................................
Amount of income received from the same, .
Amount of municipal tax on real estate,
....................................$153,353
...................................
108,600
.
.
.
6,873
....................................1,500
98
00
78
90
Cash on Deposit in Bank: —
Agawam National Bank, Springfield,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$69,975 00
1 885.]
147
P U B L IC D O C U M E N T — N o. 8
Whole amount of interest or profits received or earned,
.
.
.
.
$84,763 78
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f 34,096 29
y e a r,........................................................................................j 2 per cent., 1 34,095 77
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. (Last extra dividend in 1871.)
The total amount of loans, with each specified rate of interest: $20,000, 4J
per cent.; $1,194,394, 5 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each ,.................................................................................................229
Aggregate amount of the s a m e , .......................................................................
311,869 69
Amount of investments from which no income is received, .
.
.
.
7,11900
Number of open a c c o u n t s ,........................................................................3,631
Number and amount of deposits (including dividends) received for pre
vious y e a r , ........................................................................................
2,785
441,767 43
Number and amount of deposits of and exceeding $300, at any one time,
for the previous y e a r ,................................................................................. 371
240,683 00
Number and amount of withdrawals,...........................................
2,638
444,552 90
Number of accounts opened the previous year, .
.
.
.
.
858
Number of accounts closed the previous y e a r , ................................... 824
Amount of expenses of the corporation during previous year, .
.
.
6,000 00
Amount of treasurer’s bond...................................................................................
10,000 00
Date of examination by commissioner : April 23.
P u b lic F u n d s .
Par Value.
Market Value.
Amount Invested.
Estimated
United States 4s,
.
.
.
$100,000 $122,000 00
$100,000 00
B a n k St o c k .
First Nat’l Bank, Chicopee,
First Nat’] Bank, Boston, .
Hide and Leather N’l Bank, Boston,
Hadley Falls Nat’l Bank, Holyoke, .
Merchants’ Nat'l Bank, Boston,
Monson Nat’l Bank, Monson, .
Nat’l Bank of Commerce, 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,
Hampshire Co.N’lB’k,Northampton,
Pynchon Nat’l Bank, Springfield, .
First Nat’l Bank, Northampton,
First Nat’l Bank, Springfield, .
Chapin Nat’l Bank, Springfield, , .
Nat’l Bank of Republic, Boston,
Suffolk Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,000
2,800
7,500
4,000
23,000
2,000
7,500
7,400
7,500
4,000
7.500
15,000
4,100
6,500
3,000
5,000
23,000
5,000
3,700
5,000
$6,800
5,600
8,325
6,800
30,590
3,000
8,325
13,320
8,925
4,040
9,375
18,000
5,125
11,375
4,200
8,000
28,750
6,400
4,181
5,200
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00.
00
$5,030 00
2,800 00
7,500 00
4,732 00
27,210 00
2,200 CO
10,865 00
11,560 00
7,500 00
4,292 00
10,050 00
15,000 00
4,100 00
10,985 00
3,000 00
6,525 00
24,700 00
6,300 00
4,500 00
5,300 00
148
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan.
B a n k Stock — Concluded.
Par Value.
Nat’l Bank of Redemption, Boston, .
Freeman’s Nat’l Bank, Boston,
State Nat’l Bank, Boston,
No. America Nat’l Bank, Boston, .
Eliot Nat’l Bank, Boston,.
Shawmut Nat’l Bank, Boston, .
Franklin Co. Nat’l Bank, Greenfield,
Agawam Nat’l Bank, Springfield, ,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
5.000
5.000
5.000
5.000
6,300
5.000
43,300
Estimated
Market Value.
$5,500
5.250
5,850
5.150
6.150
7,245
5.250
56,290
00
00
00
00
00
00
00
00
$227,100 $293,016 00
$6,700
5.900
5.900
5,700
6,100
7,600
5,250
47,700
00
00
00
00
00
00
00
00
$264,999 00
1885.]
149
P U B L IC D O C U M E N T — N o. 8
HAMPSHIRE SAYINGS B A N K — NORTHAMPTON.
Incorporated May 19, 1869.
Number of corporators, 28.
L u t h e r B o d m a n , President.
L e w is W
arner,
Treasurer.
State m e n t.
A ssets.
L ia b il it ie s .
Deposits,
■Earnings undivided, .
Guaranty fund, .
$679,646 20
8,837 73
11,225 00
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Expense account,
$173,063
17,300
4,600
305,573
64,283
42
00
00
34
95
8,624 53
124,640 74
1,622 95
$699,708 93
$699,708 93
Loans on Bank Stock, amount on eacb : —
5,000
10,000
700
500
700
00
00
00
00
00
00
$4,600
3,000
264
42
00
00
00
00
©
o
On 4 shares Hampshire County National Bank, Northampton,
On 50 shares First National Bank, Easthampton,
On 100 shares Home National Bank, Holyoke,
On 7 shares First National Bank, Northampton, .
On 5 shares First National Bank, Greenfield,
On 7 shares Franklin County National Bank, Greenfield, .
.
.
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: —
$124,640 74
Hampshire County National Bank, Northampton,
. . .
$32,199 84
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 2 per cent., f 12,598 92
2 per cent., 1 13,083 55
year...........................................................................................
Times for the dividends, fixed by the by-laws: .May 15 and November 15.
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: $170,550.78,
5 per cent.; $225,231.04, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
. 220
e a c h , ............................................................................... ..
238,088 07
Aggregate amount of the s a m e , .....................................................
.
2,012
Number of open a c c o u n t s ,..............................................................
Number and amount of deposits (including dividends), received for pre160,211 24
1,278
vious y e a r , ........................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
73,194 82
. 125
for the previous y e a r ,.......................................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
150
[Jan.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Number and amount of withdrawals................................ ........
.
1,147
Number of accounts opened the previous y e a r , ....................................357
Number of accounts closed the previous y e a r , ................................... 274
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : May 19.
$ 141,117 05
1,622 95
10,000 00
*
B a n k St o c k .
Tar Value.
Hampshire Co.N’l B’k, Northampt’n,
Northampton N’l B’k, Northampt’n,
First Nat’l Bank, Northampton,
First Nat’l Bank, Easthampton,
John Hancock N’l 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,
Home Nat’l Bank, Holyoke, .
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,
Nat’l Bank of Commerce, Boston, .
Tremont Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
Nat’l Bank of Republic, Boston,
Nat’l B’k of North America, 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 & Leather Nat’l Bank, 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,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$19,700
8,300
4,500
11,000
3,400
500
2,000
2,800
1,200
1,300
2,400
5,000
2,200
10,000
3,300
3,500
3,200
1,500
4,200
3,500
800
1,000
3,500
700
4,000
3,000
900
3,300
3,600
700
1,500
3,000
2,200
1,000
4,400
3,000
5,000
1,200
1,000
Estimated
Market Value.
$25,610
14,940
6,300
14,300
4,420
800
2,700
3,854
1,624
1,690
4,080
5,600
2,310
12,400
3,795
4,025
3,776
1,695
4,536
3,780
1,032
1,050
3,395
896
4,560
4,110
1,368
4,059
4,320
840
1,620
3,510
2,596
950
4,400
2,700
7,550
1,260
970
00
00
00
00
00
00
00
00
00
00
00
00
00
oo
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
CO
00
$137,300 $173,421 00
Amount Invested.
$19,700
14,162
6,028
13,750
3,898
800
2,648
3,749
1,624
1,592
3,755
5,000
3,247
12,661
3,695
4,477
3,797
2,505
5,386
4,030
1,032
1,147
4,219
896
4,635
4,260
1,221
3,902
4,640
906
1,920
3,870
2,802
1,436
5,651
3,600
7,900
1,476
1,040
00
50
00
00
00
00
00
00
00
50
00
00
50
00
00
50
00
00
00
00
00
50
37
00
00
00
75
75
00
00
00
00
00
25
87
93
00
00
00
$173,063 42
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
151
H AVER H ILL SAVINGS BANK — HAVERH ILL.
Incorporated 1829.
Number of corporators, 47.
G e o r g e A. K i m b a l l , President.
A. B. J a q u e s , Treasurer.
State m e n t.
A ssets.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
$3,834,772 83
32,975 63
90,000 00
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$706,800
16,000
487,050
42,600
96,000
2,000
993,700
1,288,765
00
00
00
00
00
00
00
00
44,500
274,500
1
5,832
00
00
15
31
$3,957,748 46
$3,957,748 46
Loans on Public Funds, amount on each: —
On $15,000 United States b o n d s , ............................................
On $1,000 Woburn water s c r i p , ............................................
$15,000 00
1,000 00
.
Loans on Bank Stock, amount on each : —
On 321 shares Essex National Bank, Haverhill, .
On 12 shares Haverhill National Bank,
.
.
.
.
On 10 shares National Bank of Methuen,
.
.
.
.
On 12 shares First National Bank, Merrimac,
On 20 shares Shoe and Leather National Bank, Boston,
On 25 shares First National Bank, Haverhill,
On 10 shares Soukegan National Bank, Milford, N. II.,
On 20 shares Haverhill National Bank, Haverhill,
On 10 shares Blackstone National Bank, Boston, .
On 4 shares Massachusetts National Bank, Boston,
on 10 shares Globe National Bank, Boston, .
.
.
On 7 shares Commerce National Bank, Boston, .
$30,300
800
500
1,200
2,000
2,500
1,000
00
00
00
00
00
00
00
4,300 00
.
Loans on Railroad Bonds: —
On $2,000 Boston & Maine R a il r o a d ,....................................
.
.
.
*$2,000 00
Cash on Deposit in Banks, amount in each: —
Haverhill National Bank, H a v e r h i l l ,....................................
First National Bank, H a v e r h ill,.............................................
Merrimack National Bank, H averh ill,...................................
.
.
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 2^ per cent.,
year
z2 p6i
per cent,
y e a r , .............................................................. ........
Times for the dividends fixed by the by-laws: third Wednesday in April
and October.
*T h is hank has been notified that these loans exceed the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$174,500 00
50,000 00
50,000 00
$213,431 53
90,089 09
73,443 23
152
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
The total amount of loans, with each specified rate of interest: $80,000, 4
per cent.; $213,500, 4^ per cent.; $560,400, 4£ per cent.; $75,000, 4| per
cent.; $510,755, 5 per cent.; $101,310, 5J per cent.; $846,600, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................501
Aggregate amount of the s a m e , .......................................................................$684,260 00
Amount of investments from which no income is received, .
.
.
.
5,000 00
Number of open a c c o u n t s ,..................................................................... 10,782
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
6,831
632,536 32
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year................................................................................... 389
190,223 00
Number and amount of w ith d raw als,............................................
6,071
506,899 87
Number of accounts opened the previous year, .
.
.
.
1,444
Number of accounts closed the previous year,
.
.
.
.
1,083
Amount of expenses of the corporation during previous year,
.
.
.
5,838 55
Amount of treasurer’s b o n d ,................................................................................
20,000 00
Date of examination by commissioner : October 24.
P u b l ic F u n d s .
Par Value.
United States 4s,
-United States 4|s,
.
City and town bonds: —
vCity of Haverhill 5s,
of Haverhill 6s,
of Portsmouth, N. H., 6s,
of Fall River 5s,
of Fall River 6s,
of Dover, N. H., 6s, .
of Cambridge 6s,
of Cleveland. O , 5s,
of Nashua, N. H , 6s,
of Boston 4s, .
of Boston 5s, .
of Somerville 5s,
of Somerville 6s,
of Lawrence 6s,
of Portland, Me., 6s,
of Charlestown 6s, .
of Lynn 5s,
of Lynn 6s,
Town of Brookline 6s,
of Winthrop 7s,
of Natick 6s, .
of Winchester 5s, .
of Bradford 7s,
/
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$115,000 $140,443 75
57,000 00
50,000
$115,000 00
50,000 00
44,740 00
36,175 00
55,105 00
44,200 00
11,640 00
51,856 00
36,750 00
40,260 00
38,150 00
26,000 00
5,100 00
10,200 00
20,000 00
30,980 00
15,450 00
10,600 00
5,750 00
10,900 00
23,980 00
23,000 00
20,000 00
13,260 00
5,190 00
43,000 00
35,000 00
51,500 00
40,000 00
10,000 00
46,300 00
35,000 00
38,000 00
35,000 00
25,000 00
5,000 00
10,000 00
20,000 00
28,000 00
15,000 00
10,000 00
5,000 00
10,000 00
22,000 00
20,000 00
20,000 00
13,000 00
5,000 00
$706,800 $776,729 75
$706,800 00
43,000
35,000
51,500
40,000
10,000
46,300
35,000
38,000
35,000
25,000
5,000
10,000
20,000
28,000
15,000
10,000
5,000
10,000
22,000
20,000
20,000
13,000
5,000
-
1 8 8 5 .]
P U B L IC D O C U M E N T --N o . 8.
Bank
153
St o c k .
Estimated
Market Value.
Haverhill Nat’l Bank, Haverhill, .
Merrimack Nat’l Bank, Haverhill, .
First Nat’l Bank, Haverhill, .
Andover Nat’l Bank, Andover,
Bay State Nat’l Bank, Lawrence, .
First Nat’l Bank, Malden,
Methuen Nat’l Bank, Methuen,
Atlas Nat’l Bank, Boston.
Blackstone Nat’l Bank, Boston,
Boston Nat'l Bank, Boston,
Central Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Eaç^le Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Everett Nat’l Bank, Boston, .
Exchange Nat’l Bank, Boston,
Faneuil Hall, Boston,
First Nat’l Bank, Boston,
Fourth Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Hamilton Nat’ l Bank, Boston,.
Howard Nat’l Bank, Boston, .
• Manufacturers’ Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston,.
Republic Nat’l Bank Boston, .
Hide and Leather NaTl B’k, Boston,
City Nat’l Bank, BosUn, .
North 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, .
Webster Nat’l Bank, Boston, .
$37,500
27,500
13,000
3,200
3,750
10,000
10,000
20,000
20,000
26,700
5,000
5,000
10,000
10,000
5,000
5,000
15,000
10,000
5,000
12,500
10,000
7,500
15,000
10,000
26,700
25,400
22,500
20,000
15,000
15,000
15,000
7,500
5,000
15,000
10,000
8,300
5,000
$56,250
44,000
18,200
8,936
5,500
11,500
11,500
23,450
20,650
29,904
3,000
6,200
10,300
10,575
6,137
5,150
17,100
13,025
9,975
12,375
9,875
9,000
16,968
7,700
27,501
28,003
28,912
23,200
16,500
18,112
17,137
7,125
5,862
16,837
8,800
7,719
5,187
00
00
00
00
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
75
00
00
50
50
00
00
50
50
00
50
50
00
00
50
$487,050 $573,169 75
R
a il r o a d
Boston & Maine Railroad 7s, .
Old Colony & Newport Railroad 6s,
Old Colony & Newport Railroad 7s,
West Amesbury Branch Railroad 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$37,500
27,500
13,000
3,200
3,750
10,000
10,000
20,000
20,000
26,700
5,000
5,000
10,000
10,000
5,000
5,000
15,000
10,000
5,000
12,500
10,000
7,500
15,000
10,000
26,700
25,400
22,500
20,000
15,000
15,000
15,000
7,500
5,000
15,000
10,000
8,300
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
I
1
1
I
1
1
1
1
1
1
1
1
1
1
$487,050 00
1
1
B onds.
$75,000
10,000
5,000
6,000
$91,500
11,700
6,100
7,080
00
00
00
00
$96,000 $116,380 00
$75,000
10,000
5,000
6,000
00
00
00
00
1
1
1
1
$96,000 00
1
BANK COMMISSIONERS’ REPORT.
154
[Jan.
IIA YD E N V ILLE SAYINGS B A N K — IIA Y D E N V IL L E .
Incorporated March 17, 1869.
Number of corporators, 85.
B. S. J o h n so n , Treasurer.
E l n a t h a n G r a v e s , President.
Statem en t.
A ssets.
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
$216,030 15
10,079 66
4,198 75
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.........................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$230,308 56
$30,419
24,877
5,737
4,000
108,577
47,996
55
80
50
00
62
53
5,800
2,108
504
286
00
86
25
45
$230,308 56
Amount of real estate held by foreclosure,..................................................... $4,000 00
Assessed value of the same.....................................................................................
2,006 00
Amount of income received from the s a m e ,.....................................................
185 02
Amount of municipal tax on real estate,
.
.
.
.
.
.
.
14 98
Cash on Deposit in Banks, amount in each: —
Hampshire County National Bank, N o r t h a m p t o n ,........................................... $1,895 45
First National Bank, Northampton,
.
.
.
.
.
.
.
.
8 09
Conway National Bank, C o n w a y,............................................ *
205 32
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ........................................................................................ 12 per corn., I
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 time of, and
including, last extra dividend : 6 . (Last extra dividend in 1874.)
The total amount of loans, with each specified rate of interest: $2,500, 4|
per cent.; $3,500, 5 per cent.; $5,000, 5J per cent.; $148,374.15, 6 per
cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.....................................................................................................268
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,.......................................................................823
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 522
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................
53
Number and amount of w ith d raw als,...................................................... 498
Number of accounts opened the previous y e a r , ....................................... 140
Number of accounts closed the previous year...............................................137
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$11,977 07
4,333 69
4,352 73
146,674 15
7,395 45
64,554 34
31,654 88
70,946 21
1885.]
155
PUBLIC DOCUMENT — No. 8.
Amount of expenses of the corporation during previous year, .
.
Amount of treasurer’s b o n d ,.............................................................. ........
Date of examination by commissioner : May 20.
.
$1,455 67
20,000 00
P u b lic F u n d s .
Par Value.
City of Holyoke 7s, .
of Cambridge 6s,
of Charlestown 6s, .
Estimated
Market Value.
Amount InvestecS.
$15,000
5.000
5.000
$18,450 no
5,425 00
5,600 00
$19,094 55
5,575 00
5,750 00
$25,000
$29,475 00
$30,419 55
B a n k St o c k .
Conway Nat’l Bank, Conway, .
Hampshire Co.N’i B’k,Northampton,
First Nat’l Bank, Easthampton,
Southington N’l B’k,Southington,Ct.,
Chicopee Nat’l Bank, Springfield, .
Home Nat’l Bank, Holyoke, .
$5,900
300
4,300
5,800
1,000
5,000
$22,300
$7,552
384
5,590
6,380
1,700
5,500
00
00
00
00
00
00
$6,607
345
5,290
5,935
1,700
5,000
80
00
00
00
00
00
$27,106 00
$24,877 80
$6,050 00
$5,737 50
R a il r o a d B o n d s.
Boston & Albany Railroad 7s ,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
BANK COMMISSIONERS’ REPORT.
156
[Jan.
HINGHAM INSTITUTION FOR, S A V I N G S -H I N G H A M .
Incorporated April 2, 1834.
Number of corporators, 66.
H e n b y C. H a b d i n g , Treasurer.
D a n ie l B a s s e t t , President.
Statem ent.
A ssets.
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
Suspense account,
$1,777,772
19,303
34,400
88
87
44
00
72
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s , ...................................
Loans on deposits, .
Deposit in banks on interest, .
Deposit in banks, not on interest,
Expense account,
Manufacturing Co. stock to secure indebtedness,.
Cash on hand..............................
$1,831,565 03
$50,000
1,000
149,258
500
45,000
3,000
37,336
819,096
604,225
00
00
25
00
00
00
45
13
00
75,500
50
28,576
11,342
2,350
00
00
22
97
69
3,300 00
1,029 32
$1,831,565 03
Loan on Public Funds: —
On $1,000 United States 4 s , .....................................................
$1,000 00
Loans on Bank Stock: —
On 4 shares Massachusetts National Bank, Boston,
Invested in real estate (for banking purposes), .
.
.
Estimated value of the s a m e , ............................................
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 Banks, amount in each : —
Shoe and Leather National Bank, Boston, .
.
.
.
National Webster Bank, B o s t o n ,............................................
Hingham National Bank, H i n g h a m ,...................................
Whole amount of interest or profiis received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous j 2^per cent., j
y e a r , ........................................................................................ 12 per cent., 1
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 time of, and
including, last extra dividend: 4 A -
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$500 00
$3,000
3,000
37,336
46,370
2,686
823
00
00
45
00
03
23
$28,576 22
4,300 54
7,042 43
95,671 77
41,960 47
34,291 03
PUBLIC DOCUMENT — No. 8.
1885 ]
157
The total amount of loans with each specified rate of interest: $17,000, 4
per cent.; $428,000,
per cent.; $75,000, 4| per cent.; $576,350, 5 per
cent.; $17,000, 5£ per cent.; $14,500, 5£ per cent.; $279,693, 6 per cent.;
$32,400, 6^ per cent.; $54,828,7 per cent.; $3,150, 7 ^ per cent.; $2,300,
7^ per cent.; $150, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
. 295
each,
.................................................................................................
Aggregate amount of the s a m e , .............................................................
Amount of investments from which no income is received, .
3,853
Number of open a c c o u n t s ,..............................................................
Number and amount of deposits (including dividends), received foi• pre1,465
vious year..............................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
. 155
for the previous y e a r ,.......................................................................
1,524
Number and amount of withdrawals,............................................
. 366
Number of accounts opened the previous year, .
, 253
Number of accounts closed the previous year,
.
Amount of expenses of the corporation during previous year, .
Amount of treasurer’s b o n d ,..............................................................
Date of examination by commissioner : October 2.
■
$240,711 00
7,117 40
235,436 56
91,020 23
167,709 33
3,341 26
20,000 00
P u b l ic F u n d s .
Par Value.
.
Estimated
Amount Invested.
Market Value.
$50,000
City of Boston 4s,
$52,750
$50,000
B a n k St o c k .
Hingham Nat’l Bank, Hingham,
Abington Nat’l Bank, Abington,
Brockton Nat’l Bank, Brockton,
First Nat’l Bank, Chelsea,
Old Colony Nat’l Bank, Plymouth,.
Union Nat’l Bank, Weymouth,
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 Bank, Boston,
State Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,460
1,500
2,000
3,000
1,600
2,800
3,800
7,500
5,400
8,200
10,000
5,000
4,600
4,200
3,600
2,000
7,500
2,000
8,000
7,500
11,200
8,200
2,600
$12,460
1,875
2,160
3,600
2,400
3,360
5,700
8,625
5,886
8,856
10,500
10,000
4,508
5,082
3,312
2,140
9,900
2,660
8,240
9,600
13,216
7,790
3,042
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$12,460
1,500
2,000
3,000
1,600
2,800
3,800
7,500
5,400
8,200
10,000
5,000
4,588
4,200
3,600
2,000
7,500
2,000
8,000
7,500
11,200
8,125
2,600
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
25
00
158
BANK COMMISSIONERS’ REPORT.
[Jan
B a n k S t o c k — Concluded.
Par Value.
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
$3,600
10,000
5.000
6.000
Estimated
Market Value.
$4,032
10,300
6,850
6,060
00
00
00
00
$149,260 $172,154 00
Amount Invested.
$3,600
10,085
5.000
6.000
00
00
00
00
$149,258 25
R a il r o a d B o n d s .
Boston & Albany R. R. 7s,
Boston & Lowell R. R. 7s,
Boston & Maine R. R. 7s,
Old Colony R. R. 7s,
Eastern R. R. 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
10,000
10,000
10,000
5,000
$12,000
12,150
12,275
12,412
5,625
00
00
00
50
00
$45,000
$54,462 50
$10,000
10,000
10,000
10,000
5,000
00
00
00
00
00
$45,000 00
1 885.]
PUBLIC DOCUMENT — No. 8.
159
HOLLISTON SAVINGS BANK — HOLL1STON.
Incorporated 1872.
Number of corporators, 50.
S e t h T h a y e k , President.
O e e in T h o m so n , Treasurer.
Statem ent.
A ssets.
L ia b il it ie s .
$405,779 93
9,604 61
7,600 00
Deposits,
Earnings undivided, .
Guaranty fund, .
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on bank books,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, ............................................
Premium account, .
Holliston Mills stock to secure
indebtedness,
Cash on hand, .
.
.
.
$122,984 54
$13,000
33.300
5,000
8,700
1,385
14,275
255,978
38,125
00
00
00
00
00
00
00
00
12.300 0
25,268
5,000 00
5,160 25
3,000 00
2,492 99
$422,984 54
Loans on Bank Stock, amount on each: —
On 45 shares Holliston National B an k,......................................................................$3,000 00
On 35 shares Central National B a n k , ..............................................................
2,000 00
Amount of real estate held by foreclosure,...........................................................$14,275
Assessed value of the s a m e ,...............................................................................
17,100
Amount of income received from the s a m e ,.....................................................
950
Amount of municipal tax on real e s t a t e , .....................................................
237
00
00
00
40
Cash on Deposit in Banks, amount in each : —
Holliston National Bank, Holliston,
.
Maverick National Bank, Boston,.......................................................................
Commonwealth National Bank, Boston,
.
.
.
.
.
.
.
$14,467 69
4,885 72
10,914 89
Whole amount of interest or profits received or earned,
.
.
.
.
$21,333 46
Rate and amount of each semi-annual dividend for pre-) 2\ per cent., [
9,738 24
vious y e a r , .................................................................................. i 2£ per cent.,1
9,675 15
Times for the dividends, fixed by the by-laws : first Tuesday in June and
December.
The total amount of loans, with each specified rate of interest: $12,300, 4^
per cent.; $800, 5 per cent.; $4,700, 5£ per cent.; $297,603, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,................................................................................................. 266
Aggregate amount of the s a m e , .......................................................................
246,988 00
Number of open a c c o u n t s , .............................................................. 1,267
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
160
BANK COMMISSIONERS’ REPORT.
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 809
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................
68
Number^and amount of w ith d ra w a ls,..................................................... 939
Number of accounts opened the previous y e a r , ................................... 193
Number of accounts closed the previous y e a r , ................................... 156
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s bond, ................................................................................
Date of examination by commissioner: June 30.
[Jan.
$89,325 35
35,746 41
76,341 13
1,500 00
20,000 00
P u b l ic F u n d s .
Car Value.
United States 4s, registered, .
$4,000
City of Lewiston, Me , 5s,
of Providence, R. I., 4Js .
of Worcester 6s,
.
.
of Taunton 6s, .
2,000
1,000
4.000
2.000
.
$13,000
Estimated
Market Value.
$4,840 00
2,200
1,080
4,450
2,080
00
00
00
00
Amount Invested.
$4,000 00
2,000
1,000
4.000
2.000
00
00
00
00
$14,650 00
$13,000 00
$15,100
2,325
2,400
721
2,810
1,930
3,500
3,700
1,660
$12,100
2,500
2,000
700
2,400
1,700
3,000
3,000
1,500
B a n k St o c k .
Holliston Nat’l Bank, Holliston,
Traders1Nat’l Bank, Boston, .
Old Boston Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Commonwealth Nat’l Bank, Boston,
Home Nat’l Bank, Brockton, .
Franklin Nat’l Bank, Franklin,
Blue Hill Nat’l Bank, Milton, .
South Framingham Nat’l Bank,
Framingham,
. . . .
Market Nat’l Bank, Boston,
$12,100
2,500
2,000
700
2,400
1,700
3,000
3,000
1,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
3,000
1,400
3,300 00
1,310 00
3,000 00
1,400 00
$33,300
$38,756 00
$33,300 00
$3,000
5,700
$3,630 00
6,270 00
$3,000 00
5,700 00
$8,700
$9,900 00
$8,700 00
R a il r o a d B o n d s .
Boston & Albany Railroad 7s,
Salem & Lowell R. R., guaranteed,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8.
161
HOLYOKE SAYINGS BANK — HOLYOKE.
Incorporated 1855.
Number of corporators, 95.
G eo . W . P r e n t is s , President.
R. B. J o h n so n , Treasurer.
Statem ent.
A ssets.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
$1,595,189 66
44,360 49
30,000 00
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Expense account,
Premiums,
.
.
.
.
Cash on hand, .
.
.
.
$1,669,550 15
$63,600
212,645
17,200
85,000
902,595
274,572
66,556
1,207
3,000
43,173
00
67
00
00
00
00
64
64
00
20
$1,669,550 15
Loans on Bank Stock, amount on each: —
On 4 shares Hadley Falls National Bank, H o l y o k e ,............................... $300
On 17 shares Palmer National Bank, Palmer...........................................
1,700
On 6 shares Franklin County National Bank, Greenfield,.
.
.
.
On 162 shares Holyoke National Bank, H o l y o k e , ..........................
14,600
00
00
600 00
00
Cash on Deposit in Banks, amount in each : —
Holyoke National Bank, H o l y o k e , ....................................................... $51,711
Maverick National Bank, B oston ,.............................................................
4,845
Palmer National Bank, P a l m e r ,.............................................................
10,000
Whole amount of interest or profits received or earned,
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ......................................................................................... J 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.
The total amount of loans, with each specified rate of interest: $46,600, 4J
per cent.; $1,083,667, 5 per cent.; $64,100, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................273
Aggregate amount of the s a m e , .......................................................................
Number of open accounts, .
5,037
Number and amount of deposits (including dividends) received for pre
vious y e a r , ........................................................................................
8,344
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,............................................................................... 265
Number and amount of w ith d raw als,............................................
4,428
Number of accounts opened the previous year,
.
.
.
.
1,084
Number of accounts closed the previous year,
.
.
.
.
.
868
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : September 29.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
17
47
00
$82,071 35
29,311 93
30,129 00
312,505 00 .
512,14293
148,206 00
467,649 47
3,884 64
25,000 00
162
BANK COMMISSIONERS’ REPORT.
[Jan.
P u b lic F u n d s .
Par Value.
Estimated
Market Value.
Amount Invested.
United States coupon 4s, .
United States coupon 4|s,
United States currency 5s,
$700
400
10,000
450 00
12,500 00
$700 00
400 00
10,000 00
State, city and town bonds : —
Massachusetts 5s,
City of Boston 4s,
of Chelsea 6s, «.
of Fall River 6s,
of Holyoke 6s...........................
Town of Holyoke 7s,
of Fairhaven, Vt., 5s,
13,000
28,000
1,000
3,000
5,000
1,500
1,000
14,200
28,890
1,175
3,500
5,750
1,725
1,025
13,000
28,000
1,000
3,000
5,000
1,500
1,000
$63,600
$ 8 2 6 no
00
00
00
00
00
00
00
$70,041 00
00
00
00
00
00
00
00
$63,600 00
B a n k St o c k .
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,
Third Nat’l Bank, Springfield,
Chicopee Nat’l Bank, Springfield, .
Hancock Nat’l Bank, Springfield, .
First Nat’l Bank, Northampton,
Northampton N’l B’k, Northampton,
Hampshire Co.N’l B’k,Northampton,
First Nat’l Bank, Easthampton,
Railroad Nat’l Bank, Lowell, .
Townsend Nat’l Bank, Townsend, .
Shelburne Falls Nat’l Bank, Shel
burne F alls,................................
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,
First Nat’l Bank, Chicopee,
Ware Nat'l Bank, Ware, .
Palmer Nat’l Bank, Palmer,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$35,600
16,600
5,000
14,800
5,000
13,500
3,100
8,700
15,100
7,600
2,000
4,200
3,400
9,700
$46,228
26,560
6,500
22,200
8,500
21,600
5,270
10,000
21,140
12,160
2,400
5,040
4,200
12,610
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$36,062
23,815
6,687
18,664
9,302
20,678
4,935
9,997
18,427
11,670
2,400
4,910
4,128
12,713
00
67
00
59
00
41
00
00
50
00
00
00
00
00
300
5,700
400
2,200
1,100
1,800
5,000
1,000
1,800
100
200
2,000
1,100
3,400
400
6,500
500
2,800
1,500
2,600
5,000
1,400
3,240
150
275
3,000
1,300
4,400
00
00
00
00
00
00
00
00
00
00
00
00
00
00
369
6,570
412
2,800
1,139
1.800
5,000
1,500
1,800
165
200
2,000
1,100
3,400
50
00
00
00
00
00
00
00
00
00
00
00
00
00
$170,400 $237,473 00
$212,645 67
1885.]
163
P U B L IC D O C U M E N T — N o. 8
R ailkoad B onds .
Par Value.
Boston, Revere Beach & Lynn Rail
road 6s,.
................................
Nashua & Lowell Railroad,
Old Colony Railroad,
Boston & Maine Raih'oad,
Boston & Albany Railroad
Connecticut River Railroad, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
8,000
8,000
9,000
5,000
50,000
$85,000
Estimated
Market Value.
$5,700
8,800
9,000
10,500
5,700
50,000
00
00
00
00
00
00
$89,700 00
Amount Invested.
$5,000
8,000
8,000
9,000
5,000
50,000
00
00
00
00
00
00
$85,000 00
164
BANK
C O M M IS S IO N E R S ’ R E P O R T
[Jan
HOME SAYINGS BANK — BOSTON.
Incorporated 1869.
Number of corporators, 61.
C h a r l e s H . A l l e n , President.
W . E . H o o p e r , Treasurer.
St a te m e n t.
L
ia b il it ie s
.
Deposits,
$1,884,720 22
Earnings undivided, .
43,210 98
Guaranty fund, .
75,000 00
Suspense account.
7 50
A
s s e t s
.
Public funds................................
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Insurance account, .
Cash on hand, .
.
.
.
$2,002,938 70
$52,500
2,700
363,200
12,000
20,000
117,042
954,040
457,910
00
00
00
00
00
35
62
00
4,000
15,944
1,007
18
2,574
00
88
33
75
77
$2,002,938 70
Loans on Public Funds, amount on each: —
On $600 United States 4s,
.
On $500 United States 4^s..........................................
On $2,000 City of Charlestown 6 s ,.......................................................................
$600 00
500 00
1,600 00
Loans on Bank Stock, amount on each: —
On 32 shares Boylston National Bank, B o s t o n , ............................................ $3,200 00
On 19 shares Bristol County National Bank, Taunton,
.
.
.
.1
^ ooo
On 4 shares Taunton National Bank, T a u n t o n ,............................................ 3
’
On 16 shares Manufacturers’ National Bank, B o sto n ,....................................
1,200
1,500
On 15 shares National Security Bank, B o s t o n , ............................................
On 5 shares Brockton National Bank, Brockton................................................
400
On 6 shares First National Bank, Yarmouth,
On 2 shares Merchants’ National Bank, Boston, .
On 3 shares Webster National Bank, Boston,
On 3 shares Second National Bank, Boston, .
On 5 shares Old Boston National Bank, Boston, .
On 2 shares Eagle National Bank, Boston, .
On 5 shares Exchange National Bank, Boston,
On 7 shares Shawmut National Bank, Boston,
On 6 shares Commerce National Bank, Boston, .
On 8 shares Old Colony Railroad Company,.
00
00
00
00
Amount of real estate held by fo re clo su re ,..................................................... $117,042 35
Assessed value of the s a m e , ................................................................................
169,500 00
Amount of income received from the s a m e ,..................................................... 5,051 41
Amount of municipal tax on real estate............................................................... 2,861 98
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
1 65
P U B L IC D O C U M E N T — N o . 8.
Cash on Deposit in Banks, amount in each : —
80
Central National Bank, Boston.............................................................................. ..........
Boylston National Bank, B o s to n ,......................................................................
9,942 08
Whole amount of interest or profits received or earned................................... $97,657 96
Rate and amount of each semi-annual dividend for previous 4 2 per cent., ) 34,701 00
................................................................................................12 per cent., \ 35,633 35
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: 4 667-1000.
The total amount of loans, with each specified rate of interest: $52,000,
4 1 per cent.; $124,000, 4£ per cent.; $338,550, 5 per cent.; $26,500, 5J
percent.; $181,630, 5£ per cent.; $544,179, 6 per cent.; $65,800, 6£ per
cent.; $67,741.62, 7 per cent.; $23,500, 7£ per cent.; $6,750, 8 per cent.
Number of outstanding loans which are of an amount not exceeding
. 154'
$3,000 e a c h ,...............................................................................
Aggregate amount of the s a m e , ............................................
Amount of investments from which no income is received, .
Number of open a c c o u n t s ,................................... ........
ous year,
..............................................................
Number and amount of deposits of and exceeding
for the previous y e a r ,..............................................................
Number and amount of withdraw als,................................... '
N u m b er o f accou nts opened the previou s year,
N u m b er o f accou nts closed the previous year,
.
231,599 00
2,500 00
12,628
previ5,361
î time,
. 345
5,507
1,175
1,370
532,476 21
192,271 68
470,032 44
14,272 34
20,000 00
Amount of expenses of the corporation during previous year,
Amount of treasurer’s bond.........................................................
Date of examination by commissioner: February 7.
P u b l ic F u n d s .
Par Value.
United
States 4s,
.
.
$52,500
.
Estimated
Market Value.
Amount Invested.
$64,050 00
$52,500 00
$21,105
8,363
1,568
2,120
4,960
6,383
7,175
19,950
10,339
5,800
14,528
9,600
7,012
$18,000
8,100
1,400
2,000
4,000
5,200
7,000
17,500
9,800
5,000
12,800
8,000
5,000
B an k St o c k .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Everett Nat’l Bank, Boston,
First Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Ilide and Leather Nat’l B’k, Boston
Iloward Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston,.
Nat’l Market B’kofBrighton,Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$18,000
8,100
1,400
2,000
4,000
5,200
7,000
10,000
9,800
5,000
12,800
8,000
5,000
00
25
00
00
00
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
166
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan
B a n k St o c k — Concluded.
Par Value.
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 Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Republic Nat’l Bank, Boston, .
Shawmut Nat’l Bank, Boston,.
Second Nat’l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Dedham Nat’l Bank, Dedham,
f
$15,000
5,000
10,000
20,000
20,000
5,000
11,300
15,000
18,000
18,000
40,000
8,200
4,000
18,200
10,000
5,000
5,000
Estimated
Market Value.
$13,837
5,362
13,275
26,600
24,000
5,150
12,458
17,812
23,130
20,655
59,600
7,790
4,510
18,882
13,750
5,050
6,000
50
50
00
00
00
00
25
50
00
00
00
00
00
50
00
00
00
$324,000 $396,767 00
Amount Invested.
$15,000
5,000
10,000
26,000
23,400
5,000
14,000
15,000
22,000
18,000
52,000
8,200
4,000
18,200
13,600
5,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$363,200 00
R ailr o ad B onds .
Fitchburg Railroad 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
),000
$20,600 00
$ 20,000 00
P U B L IC
1 8 8 5 .]
D O C U M E N T — N o . 8.
167
HOOSAC SAYINGS BANK — NORTH ADAMS.
Incorporated 1871.
Number of corporators, 42.
W . W . B u t l e r , Treasurer.
0 . A . A r c h e r , President.
Sta te m e n t.
L
ia b il it ie s
A
.
Deposits,
Earnings undivided, .
Guaranty fund, .
$189,945 09
976 82
2,415 76
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, ............................................
Expense account,
Property account, .
Cash on hand, .
.
.
.
$193,337 67
$7,805
9,920
6,155
108,725
44,881
7,000
00
00
12
17
04
00
7,651
878
199
121
78
05
59
92
$193,337 67
Amount of real estate held by foreclosure.......................................................... $6,155 12
Assessed value of the s a m e , ................................................................................
5,000 00
Amount oflncomc received from the same.........................................................
650 00
Amount of municipal tax on real e s t a t e , .....................................................
109 30
Cash on Deposit in Banks, amount in each: —
Berkshire National Bank, North A d a m s , ..................................................... $3,151 78
Adams National Bank, North Adams, ..............................................................
4,.500 00
Maverick National Bank, Boston,.......................................................................
7,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 12 per cent., f
y e a r , ...............................................................................12 per cent., 1
Times for the dividends fixed by the by-laws: June 1 and December 1.
The total amount of loans, with each specified rate of interest: $34,000, 5
per cent ; $119,606.21, 6 percent.
Number of outstanding loans which are of .an amount not exceeding
$3,000 e a c h ,......................................................................................................87
Aggregate amount of the s a m e , ......................................................................
Amount of investments from which no income is received.............................
Number of open a c c o u n t s ,..........................................................................940
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 809
, Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 67
Number and amount of withdrawals, .
.
.
.
.
.
657
Number of accounts opened the previous year,
.
.
.
.
211
Number of accounts closed the previous y e a r , .......................................173
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : February 8.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$9,459 25
3,436 96
8,406 38
80,706 21
1,190 04
73,272 82
36,765 21
72,726 27
1,292 90
20,000 00
168
B A N K C O M M IS S IO N E R S ’ R E P O R T .
P u b l ic
Funds.
Par Value.
Town of Pawtucket, R. 1 , 5s .
Bank
Adams Nat’l Bank, North Adams, ,
Berkshire Nat’l Bank, North Adams,
[Jan
$7,000
Estimated
Market Value.
Amount Invested.
$7,805 00
$7,805 00
$700
7,800
$1,000 00
9,360 00
$840 00
*9,080 00
$8,500
$10,360 00
$9,920 00
Sto c k .
This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
169
P U B L IC D O C U M E N T — N o. 8.
1885.]
HOPKINTON SAVINGS B A N K — HOPKINTON.
Incorporated March 23, 1867.
Number of corporators, 29.
A l t a n A. S w e e t , P r e s id e n t.
E d w a r d D. B l is s , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$277,271 66
4,697 07
7,419 65
1
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest,
Insurance account, .
Cash on hand, .
.
.
.
$289,388 38
.
$25,802
59,893
450
72,904
2,580
111,120
14,250
2,151
34
201
50
74
00
50
33
59
00
02
40
30
$289,388 38
Loan on Bank Stock : —
On 5 shares Hopkinton 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,
$450 00
$2,580
3,225
216
43
33
00
00
00
Cash on Deposit in Bank: —
Hopkinton National Bank,
$2,151 02
Whole amount of interest or profits received or earned,
.
.
.
.
$18,277 71
Hate and amount of each semi-annual dividend for previous ) 2^ per cent., f
6,033 08
y e a r , ............................................................................... J 2^ per cent., 1
6,040 79
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: 6J. (Last extra dividend in 1872.)
The total amount of loans, with each specified rate of interest: $125,820.59,
6 per cent.
Number of outstanding loans which are of an amount not exceeding
. 202
$3,000 e a c h , .......................................................................
101,320 59
Aggregate amount of the s a m e , ............................................
995
Number of open a c c o u n t s , .....................................................
r pre509
51,986 09
vious year,
time,
16,501 00
. 29
for the previous y e a r , ....................................................................
54,653 08
. 558
Number and amount of withdrawals........................................
. 105
N u m b er o f accou nts opened the previou s yea r,
.
. 95
N u m b er o f accou n ts closed the previou s year,
1,037 83
Amount of expenses of the corporation during previous year,
10,000 00
Amount of treasurer’s b o n d ,.....................................................
Date of examination by commissioner : June 30.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
170
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan.
P u b l ic F u n d s .
Par Value.
City and town bonds: —
City of Portland, Me.,
of Belfast, Me.,
of Bangor, Me.,
Town of Pawtucket, R. I.,
$6,000
5,500
5.000
8.000
$24,500
Bank
$6,000
1,300
5,000
1,500
1,500
5,000
3,800
6,100
4,000
2,500
1,000
5,000
1,600
500
2,500
$47,300
R a il r o a d
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$7,200
5,775
5,900
8,720
00
00
00
00
$27,595 00
Amount Invested.
$6,002
5,686
5,431
8,682
50
25
25
50
$25,802 50
St o c k .
Shawmut Nat1] Bank, Boston, .
Hide and Leather Nat’l B’k, Boston,
Nat’ l Bank of Redemption, Boston,
Faneuil Hall Nat’l Bank, Boston, .
Republic Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Everett Nat’l Bank, Boston, .
Exchange Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Howard Nat’l Bank, Boston, .
Natick Nat’l Bank, Natick,
Franklin Nat’l Bank, Franklin,
Boston & Maine Railroad,
s
Old Colony Railroad,
Fitchburg Railroad,
Boston, Clinton, Fitchburg & New
Bedford Railroad,
Boston, Revere B’ch & Lynn R.R., .
Salem & Lowell Railroad,
Newport & Richford Railroad,
Nashua & Lowell Railroad,
Estimated
Market Value.
$6,885
1,508
5,512
1,950
1,927
5,150
4,522
7,152
4,800
2,562
1,140
7,512
1,812
680
3,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$7,543
1,404
6,990
1,965
1,980
5,930
4,607
7,505
o,35o
2,975
1,500
6,832
1,856
500
2,950
74
00
00
00
00
00
50
00
00
00
00
50
00
00
00
$56,112 00
$59,893 74
$5,000
8,000
8,000
$6,100 00
9,715 00
9,140 00
$5,185 00
8,375 00
8,517 00
7,000
10,000
10,000
10,000
10,000
7,910
11,100
11,100
10,350
10,500
7,685
11,342
10,925
10,500
10,375
B onds.
$68,000
00
00
00
00
00
$75,915 00
00
50
00
00
00
$72,904 50
1885.]
P U B L IC
171
D O C U M E N T — N o. 8
HUDSON SAYINGS BANK — HUDSON.
Incorporated 18G9.
Number of corporators, 42.
E d m u n d M. S t o w e , President.
D a n i e l W . S t e a t t o n , Treasurer.
St a t e m e n t .
L
ia b il it ie s
A
.
Deposits, .
Earnings undivided, .
Guaranty fund, .
Profit and loss, .
$355,696
2,642
5,005
410
47
34
79
87
s s e t s
.
Public funds, .
.
.
.
Bank stock...................................
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Deposit in banks, not on inter
est,
...................................
Expense account,
Cash on hand, .
.
.
.
$363,755 47
$47,820
13,600
2,340
27,000
188,125
7,600
00
00
00
00
00
00
35,000 00
39,248 75
2,090 59
19 40
911 73
$363,755 47
Loans on Bank Stock, amount on each : —
On 27 shares Blackstone National Bank, Boston,............................................ $1,500 00
On 14 shares Hudson National Bank, H u d s o n ,............................................
440 00
On 4 shares Clinton National Bank, C l i n t o n , ............................................
400 00
Cash on Deposit in Banks, amount in each: —
Wachusett National Bank, Fitchburg,.............................................................. $20,448 75
Hudson National Bank, Hudson, .......................................................................
15,890 59
Northborough National Bank, N o r th b o r o u g h ,............................................
5,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ............................................................................... J 2 per cent., 1
Times for the dividends fixed by the by-laws : third Wednesday in Janu
ary and July.
The total amount of loans, with each specified rate of interest: $35,000, 4
per cent.; $13,500, 5 per cent.; $43,950, 5i per cent.; $123,990, 6 per
cent.; $2,100, 6^ per cent.; $12,825, 7 per cent.; $1,700, 7£ per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................... 212
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s , ............................................................. 1,324
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,115
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year...................................................................................
76
Number and amount of w ithdraw als,..................................................... 737
Number of accounts opened the previous y e a r , .......................................265
Number of accounts closed the previous year...............................................228
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner: July 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$18,109 70
6,078 78
6,543 38
148,465 00
113,738 16
44,703 00
81,688 73
797 11
40,000 00
172
BANK
C O M M IS S IO N E R S ’ R E P O R T .
P u b l ic
F unds.
Par Value.
City and town bonds : —
City of Worcester 6s,
of Fall River 5s,
of Fall River 6s,
of Columbus, Ohio, 4s,
of Taunton 4s, .
Town of Clinton 4s, .
of Northampton 6s,
of Hopkinton 4s, .
$8,000
5.000
2.000
7.000
5.000
12,000
3.000
5.000
R a il r o a d
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,800
5,750
2,400
7,070
5.100
12,360
3,360
5.100
00
00
00
00
00
00
00
00
Amount Invested,
$8,400
5,200
2,400
7.000
5.000
12,000
2,820
5.000
00
00
00
00
00
00
00
00
$47,820 00
$5,700
7,500
$6,726 00
7,725 00
$6,100 00
7,500 00
$13,200
$14,451 00
$13,600 00
$9,000
5.000
6.000
$9,900 00
5,575 00
6,900 00
$9,500 00
5.000 00
7.000 00
5,000
5,550 00
5,500 00
$25,000
$27,925 00
$27,000 00
Sto c k .
State Nat’l Bank, Boston,
Hudson Nat’l Bank, Hudson, .
Fitchburg Railroad 5s,
Eastern Railroad 6s,
Old Colony Railroad 6s, .
Boston, Revere Beach & Lynn Rail
road 6s,........................................
Estimated
Market Value.
$49,940 00
$47,000
Bank
[Jan
B onds.
173
P U B L IC D O C U M E N T — N o . 8.
1885.]
H YDE PARK SAVINGS B A N K -H Y D E PARK.
Incorporated March 8, 1871.
R
obert
Number of corporators, 37.
H e n r y S. B u n t on , T r e a su r e r .
B l e a k i e , P r e s id e n t.
Statem ent.
L
ia b il it ie s
A
.
Deposits,
Earnings undivided, .
Guaranty fund, .
$142,248 97
5,972 67
2,387 67
s s e t s
.
$5,000
19.000
77,372
38,775
Bank stock,
.
.
.
.
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Expense account,
.
Cash on hand, .
.
.
.
00
00
00
00
10.000 00
391 93
70 38
_ $150,609 31
$150,609 31
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
y e a r , ........................................................................................ 12 per cent., i
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, 4
per cent.; $71,347, 6 per cent.; $42,300, 7 per cent.; $2,500, 8 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each...................................................................................................................... 65
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,.......................................................................856
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,531
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year..................................................................................... 85
Number and amount of withdrawals............................................................ 843
Number of accounts opened the previous year..........................................298
Number of accounts closed the previous y e a r , ....................................... 156
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : February 16.
$7,645 29
1,873 27
2,037 51
74,147 00
106,683 94
53,299 62
74,949 57
950 00
10,000 00
B a n k St o c k .
Par Value.
Commerce Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
First Nat’l Bank, Newburyport,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$1,000
1,300
2,700
$1,130 00
1,303 25
3,321 00
$1,000 00
1,300 00
2,700 00
$5,000
$5,754 25
$5,000 00
174
BANK
C O M M IS S IO N E R S ’ R E P O R T .
R a il r o a d
Fitchburg Railroad 5s,
Old Colony Railroad 6s, .
Boston, Revere Beach and Lynn
Railroad 6 s , ................................
Boston and Maine Railroad 7s,
Old Colony Railroad 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Jan
B onds.
Par Value.
Estimated
Market Value.
Amount Invested.
$7,000
5,000
$7,770 00
5,900 00
$7,000 00
5,000 00
5,000
1,000
1,000
5,550 00
1,220 00
1,220 00
5,000 00
1,000 00
1,000 00
$19,000
$21,660 00
$19,000 00
175
P U B L IC D O C U M E N T — N o. 8
1885.]
INSTITUTION FOR SAYINGS IN ROXBU RY AND ITS VICIN ITY —
BOSTON.
Incorporated 1825.
Number of corporators, 47.
A r t h u r W . T u f t s , President.
E d w a r d R ic h a r d s , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
Profit and loss, .
A
.
$3,311,823
8,171
91,000
38,090
56
13
00
00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Railroad notes, .
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns, .
.
.
,
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$276,900
11,450
205,067
700
57,321
105.000
116,166
1,190,043
*1,016,200
00
00
09
00
73
00
00
00
00
186.000 00
277,879 22
6,357 65
$3,449,084 69
$3,449,084 69
Loans on Public Funds, amount on each: —
On
On
On
On
$6,200
$2,000
$1,000
$1,500
United States 4s........................................................................... $6,190
Old Colony Railroad bonds,................................................
2,000
City of Lowell bond and $1,000 City of Cambridge bond,
. .
United States 4 J s , .................................................................
1,460
00
00
1,80000
00
Loans on Bank Stock, amount on each: —
On 2 shares Gloucester National Bank, Gloucester,
.
.
On 5 shares Blue Hill National Bank, Milton......................................
.
.
500
$200 00
00
Amount of real estate held by foreclosure,......................................... $116,166
Assessed value of the same......................................................................
84,200
Amount of income received from the s a m e ,.......................................
3,146
Amount of municipal tax on real e s t a t e , ............................................1,431
00
00
00
40
Cash on Deposit in Banks, amount in each: —
National Rockland Bank, Boston.............................................................. $92,532
Hamilton National Bank, Boston,........................................................
134,495
North National Bank, Boston,
.......................................................................
58
22
50,851 42
Whole amount of interest or profits received or earned,.
.
.
.
$149,150 68
Rate and amount of each semi-annual dividend for previous 1 2 per cent., J
59,943 03
y e a r , ............................................................................... ) 2
per cent., \
61,80745
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^. (Last extra dividend in 1870.)
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
176
BANK COMMISSIONERS’ REPORT.
[Jan.
The total amount of loans, with each specified rate of interest: $395,000, 4
per cent.; $295,000, 4J per cent.; $115,000, 4| per cent.; $1,109,858,5
per cent,; $81,200, 5^ per cent.; $325,704,6 per cent.; $77,700, 6^ per
cent.; $330,452.73, 7 per cent.; $5,000, 7£ per cent.; $3,700, 7T30- per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each.................................................................................................... 135
Aggregate amount of the same,
.
.
.
.
.
.
.
.
.
$177,343 00
Number of open a c c o u n t s , ..................................................... •
9,154
Number and amount of deposits (including dividends), received for pre
vious year, .
.
.
.
.
.
.
.
.
.
.
10,668
853,001 99
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 529
310,247 00
Number and amount of w ith d ra w a ls,............................................
7,819
668,952 17
Number of accounts opened the previous year,
.
.
.
.
1,851
Number of accounts closed the previous year,
.
•
.
.
1,320
Amount of expenses of the corporation during previous year,
.
.
.
8,447 09
Amount of treasurer’s b o n d ,................................................................................
20,000 00
Date of examination by commissioner : April 28.
P u b l ic F u n d s .
Par Value.
United States 4^s,
City of Boston 6s,
of Boston 4s,
of Roxbury,
.
.
.
.
.
.
.
.
Estimated
Market Value.
Amount Invested
$190,000 $216,600 00
61,200 00
51.000
31,500 00
30.000
1,000 00
1,000
$195,000
51.000
30.000
900
00
00
00
00
$272,000 $310,300 00
$276,900 00
B a n k St o c k .
First Nat’l Bank, Danvers,
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, .
Washington Nat’l Bank, Boston,
Nat’l Bank of Republic, Boston,
Shoe and Leather Nat’l B’k, Boston,
Suffolk Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston, .
Howard Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,500
6,000
25,700
5,200
2,500
5,500
1,500
5,000
15,000
20,000
17,300
21,000
51,000
2,100
800
900
3,700
3,200
3,000
500
$1,500
7,020
30,840
6,084
2,800
8,195
1,665
7,500
17,700
40,000
23,701
33,180
66,300
2,688
760
1,008
3,885
3,296
3,600
565
00
00
00
00
00
CO
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$191,400 $261,787 00
$1,500
6,000
25,680
5,993
2,500
5,500
2,000
5,000
15,000
20,000
19,430
21,000
58,729
2,698
872
1,070
4,144
3,762
3,580
606
00
00
47
00
00
00
00
00
00
00
00
00
50
87
00
25
00
75
00
25
$205,067 09
It 8 5 .]
PUBLIC DOCUMENT — No. 8.
R a il r o a d
B o nd s.
Par Value.
Old Colony Railroad,
Boston & Providence Railroad,
Boston & Albany Railroad,
Boston & Maine Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
177
Estimated
Market Value.
$16,000
12,000
17,000
6,000
$19,840
14,760
20,400
7,320
$51,000
$62,320 00
00
00
00
00
Amount Invested.
$17,760
13,614
19,240
6,706
39
67
42
25
$57,321 73
BANK COMMISSIONERS’ REPORT
178
[Jan
INSTITUTION FOR SAVINGS IN NEW BURYPORT AND ITS VIC IN IT Y —
NEW BURYPORT.
Incorporated 1820.
Number of corporators, 73.
P h i l i p K. H i l l s , Treasurer.
E d w a r d S. M o s e l e y , President.
St a te m e n t.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
$4,625,533 92
54,775 02
134,000 00
A ssets.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Railroad notes, .
.
.
.
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Cash on hand, .
.
.
.
$4,814,308 94
$794,000
500
932,420
1,550
100,000
225.000
10,000
26,639
830,537
1,536,482
00
00
00
00
00
00
00
26
00
84
332.000 00
24,222 85
956 99
$4,814,308 94
Loan on Public Funds : —
On $500 New Hampshire 6 s , .....................................................
$500 00
Loans on Bank Stock, amount on each : —
On 6 shares First National Bank, Newburyport, .
On 78 shares Merchants’ National Bank, Newburyport,
Invested in real estate (for banking purposes),
Estimated value of the sa m e ,.....................................................
Amount of real estate held by foreclosure,
.
.
.
.
Assessed value of the s a m e , .....................................................
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate,
.
.
.
.
$550 00
1,000 00
$10,000
17,000
26,639
38,500
1,367
309
00
00
26
00
32
40
Cash on Deposit in Bank: —
Mechanicks’ National Bank, Newburyport,
$24,222 85
$245,331 39
Whole amount of interest or profits received or earned,
87,480 08
Rate and amount of each semi-annual dividend for previous ' 2 per cent., J
per cent., 1 111,171 65
y e a r , .......................................................................
•J
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: $50,000, 3f
per cent.; $50,000, 3£ per cent.; $499,000, 4 per cent.; $75,000, 4J per
cent.; $175,000, 4§ per cent.; $712,727.84, 4£ per cent.; $50,000, 4f per
cent.;
$380,000, 4| per cent.; $25,000, 4| per cent.; $422,125, 5 per
cent.;
$25,000, 5^ per cent.; $93,960, 5£ per cent.; $7,800, 5| per
cent.; $1,181,457, 6 per cent.; $73,000, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each ,..................................................................................................363
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
P U B L IC
DOCUMENT — No. 8.
179
Aggregate amount of the s a m e , ............................................ ........
Number of open a c c o u n t s ,.............................................................. 10,373
Number and amount of deposits (including dividends), received for pre
vious year..............................................................................................
5,192
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................... . • • • • •
^89
5,152
Number and amount of withdrawals,............................................
Number of accounts opened the previous year,
.
.
.
.
1,059
Number of accounts closed the previous y e a r , ................................... 822
A m o u n t o f expen ses o f the corporation durin g previous year,
.
.
.
$364,872 00
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: June 10.
20,000 00
676,144 42
175,418 93
525,304 58
6,768 24
P ublic F unds .
Par Value.
$145,000 $169,062 00
United States bonds,
City and town bonds : —
City of Charlestown 6s, .
of Holyoke 6s, .
of Lynn 6s,
. . .
of Springfield 7s,
of Nashua, N. H., 6s,
of Hartford, Ct., 6s, .
of Concord 6s, .
of Newburyport 6s, .
of Lewiston, Me., 6s,
of Bangor, Me., 7s, .
of Lawrence 4s,
. .
of Portland 6s, .
of Lowell 4s, . . .
Town of Groveland 5s, .
of Melrose 7s,
of Marlborough 4s,
Estimated
Market Value.
.
.
35,000
25,000
75,000
40,000
50,000
5,000
35,000
183,000
10,000
25,000
30,000
60,000
20,000
17,000
8,000
31,000
39,900
30,000
90,750
54,400
57,000
5,600
39,900
204,960
11,000
30,000
30,937
68,200
20,600
17,340
9,760
32,162
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$794,000 $911,571 00
Amount Invested.
$145,000 00
35,000
25,000
75,000
40,000
50,000
5,000
35,000
183,000
10,000
25,000
30,000
60,000
20,000
17,000
8,000
31,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$794,000 00
B a n k St o c k .
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
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,
Exchange Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,200
75,000
4,700
3,700
10,000
10,800
30,000
22,100
25,000
28,600
7,400
10,000
$18,330
87,937
4,852
4,144
12,000
11,880
37,200
24,531
28,375
30,244
9,083
11,400
00
00
00
00
00
00
00
00
00
00
00
00
$12,200
75,000
4,700
3,700
10,000
10,800
30,000
22,100
25,000
28,600
7,400
10,000
00
00
00
00
00
00
00
00
00
00
00
00
1 80
BANK COMMISSIONERS’ REPORT
[Jan.
B a n k Stock — Concluded.
Par Value.
Faneuil Hall Nat’l Bank, Boston, .
First 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,
Howard Nat’l Bank, Boston, .
Mai’ket Nat’l Bank, Boston,
Massachusetts Nat’l Bank, Boston, .
Maverick Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
New England Nafe’l Bank, Boston, .
North Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston,.
Revere Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Shoe and Leather Nat’l B’k, Boston,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Washington Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Mechanicks’ Nat’l B’k, Newburyp’t,
Ocean Nat’l Bank, Newburyport, .
Merchants’ Nat’l B’k, Newburyport,
First Nat’l Bank, Newburyport,
Gloucester Nat’l Bank, Gloucester, .
§24,000
10,000
27,000
13,300
25,000
15,000
26,700
50,800
8,250
20,000
17,300
10,000
30,200
6,000
25,800
37,500
48,000
20,000
40,000
6,900
22,500
22,500
50,000
20,800
35,300
20,000
21,500
5,250
24,520
2,800
6.000
Estimated
Market Value.
§31,260
19,950
28,485
13,134
30,000
17,400
30,304
46,863
8,848
44,600
22,966
13,300
36,240
6,180
28,445
44,531
71,520
22,975
88,000
8,090
25,369
20,925
51,875
28,600
45,978
20,200
27,305
7,035
33,102
3,444
8,100
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
§932,420 §1,115,000 00
Amount Invested.
§24,000
10,000
27,000
13,300
25,000
15,000
26,700
50,800
8,250
20,000
17,300
10,000
30,200
6,000
25,800
37,500
48,000
20,000
40,000
6,900
22,500
22,500
50,000
20,800
35,300
20,000
21,500
5,250
24,520
2,800
6,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
§932,420 00
R a ilr o a d B onds .
Eastern Railroad 6s,
. . .
Vermont & Massachusetts R. R. 5s,
Fitchburg Railroad 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
§ 5 0 ,0 0 0
25,0 0 0
2 5 ,0 0 0
§ 10 0 ,0 0 0
§ 5 6 ,1 2 5 00
2 7 ,7 5 0 00
2 5 ,3 7 5 0 0 '
$ 1 0 9 ,2 5 0 00
§5 0 ,0 0 0 00
2 5 ,0 0 0 00
25,0 0 0 00
$ 10 0 ,0 0 0 b o
PUBLIC DOCUMENT— No. 8.
1885.]
181
IPSWICH SAVINGS BANK — IPSW ICH.
Incorporated 1869.
J o se p h R
oss ,
Number of Corporators, 29.
T h e o d o r e F. C o g s w e l l , Treasurer.
President.
Statem ent.
A ssets.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
$248,006 86
3,981 47
3,500 00
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Deposit in bank, not on inter
est, ............................................
Cash on hand, .
.
.
.
$255,488 33
$5,030
800
59,399
1,585
131,648
17,722
00
00
00
00
00
25
14,500 00
22,003 14
1,713 77
1,087 17
$255,488 33
Loan on Public Funds : —
On $ 1,000 City of Newton 6
s
, .......................................................................$800 00
Amount of real estate held by fore clo su re ,..................................................... $1,585 00
Assessed value of the s a m e , ...............................................................................
1,300 00
Amount of income received from the s a m e ,.....................................................
117 50
Amount of municipal tax on real estate,
.
.
.
.
.
.
.
17 50
Cash on Deposit in Bank: —
First National Bank, Salem....................................................................................$23,716 91
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ............................................................................... • f 2 per cent., \
Times for the dividends fixed by the by-laws: fourth Wednesday in
January and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 4.
The total amount of loans, with each specified rate of interest: $2,000,
4 per cent.; $2,400, 4j per cent.; $4,800, 4| per cent.; $5,300, 5 per
cent.; $4,400, 5J per cent.; $104,390, 6 per cent.; $14,593, 6J per cent.;
$26,787.25, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................243
Aggregate amount of the same,
.
.
.....................................................
Number of open a c c o u n t s ,....................................................................... 1,261
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..................................................................................................1,037
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,....................................................
58
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,799 92
4,460 00
4,700 00
170,673 14
80,217 33
30,207 00
182
BANK COMMISSIONERS’ REPORT.
[Jan.
Number and amount of withdrawals, .
.
.
.
.
.
.
605 $68,740 91
Number of accounts opened the previous year,
.
.
.
.
.
210
Number of accounts closed the previous year,
.
.
.
.
.
129
Amount of expenses of the corporation during previous year,
.
.
.
771 71
Amount of treasurer’s bond, ................................................................................
25,000 00
Date of examination by commissioner : June 12.
P u b lic F u n d s .
Par Value.
City and town bonds : —
City of Manchester, N. H.,
of Providence, R. I.,
of Bangor, Me.,
of Dover, N. IL,
Town of Provincetown, .
$600
2,000
1,000
500
1,000
$5,100
Estimated
Market Value.
$690
2,300
1,150
575
1,100
00
00
00
00
00
Amount Invested.
$600
2,000
930
500
1,000
00
00
00
00
00
$5,815 00
$5,030 00
$2,100
2,700
1,900
4,300
1,890
2,050
1,300
3,600
2,500
400
1,000
400
2,400
2,500
800
500
2,000
4,000
1,000
3,000
1,000
1,000
1,000
1,800
2,000
400
$2,562 00
3,915 00
2,318 00
5,504 00
2,835 00
2,870 00
1,586 00
4,860 00
3,225 00
600 00
1,175 00
448 00
3,312 00
2,500 00
952 00
665 00
2,280 00
5,400 00
1,060 00
3,330 00
1,050 00
1,200 00
1,050 00
2,196 00
2,000 00
460 00
$2,310 00
3,982 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 00
2,500 00
800 00
665 00
2,400 00
6,000 00
1,080 00
3,840 00
1,000 00
1,180 00
1,080 00
2,160 00
2,340 00
460 00
$47,540
$59,353 00
$59,399 00
B a n k Sto ck .
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, Salem,
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,
Globe Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Gloucester Nat’l Bank, Gloucester,
Howard Nat’l Bank, Boston, .
New England Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
Redemption Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Eliot Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Grand Nat’l Bank, Marblehead,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
PUBLIC DOCUMENT — No. 8
183
LAW RENCE SAYINGS BANK — LA W R E N CE .
Incorporated March 10, 1868.
Number of corporators, 81.
H e z e k ia h P l u m m e r , President.
W
il l i a m
R . S p a l d in g , Treasurer•
Sta te m e n t.
L ia b il it ie s .
A ssets.
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
$415,721 20
18,827 63
7,582 43
Public funds, .
.
.
.
Bank stock,
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, ............................................
Expense account,
Cash on hand, .
.
.
.
$442,131 26
$39,000
84,800
1,000
25,000
11,373
202,512
29,948
41,645
00
00
00
00
36
50
29
41
3,000 00
1,053 95
2,797 75
$442,131 26
Loan on Bank Stock: —
On 10 shares Pemberton National Bank, Lawrence,
? 1,000
00
Amount of real estate held by foreclosure, .
Assessed value of the s a m e ,............................................
Amount of income received from the same, .
Amount of municipal tax on real estate,
11,373
9,500
729
159
36
00
32
60
Cash on Deposit in Banks, amount in each: —
Pemberton National Bank, Lawrence, .
.
.
.
National Bank of Commonwealth, Boston, .
.
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous [ 2 per cent.,
y e a r , ...............................................................................
per cent : ; i
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: $20,500,
5 per cent.; $28,500, 5£ per cent.; $133,228.79, 6 per cent.; $10,600, 6£
per cent.; $40,632, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each,
........................................................................................
. 184
Aggregate amount of the s a m e , .....................................................
Amount of investments from which no income is received, .
.
.
Number of open accounts...........................................
1,420
Number and amount of deposits (including dividends), received for■ previous y e a r , .........................................................................................
1,449
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year.................................................................................... . 89
Number and amount of withdrawals, .
............................................. 953
Number of accounts opened the previous y e a r , ................................... , 318
Number of accounts closed the previous y e a r , .................................... 297
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
|38,139 10
6,506 31
$21,936 23
7,554 75
7,933 78
151,490 79
11,000 00
125,978 47
52,025 38
123,009 53
184
BANK COMMISSIONERS’ REPORT.
[Jan.
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : March 17.
P u b l ic
F unds.
Estimated
Market Value.
00
00
00
00
50
00
Amount Invested.
$22,000
1,000
1,000
6,000
*5,000
4,000
00
00
00
00
00
00
$22,000
1,000
1,000
6,000
5,000
4,000
$26,840
1,270
1,200
6,190
5,987
4,705
$39,000
$46,192 50
$39,000 00
$2,700
2,300
5,600
6,300
1,500
5,400
8,900
1,000
2,400
2,000
10,300
3,400
2,000
2,700
700
5,500
5,500
1,600
6,300
2,900
4,000
1,800
$2,997 00
2,369 00
5,166 00
8,505 00
1,702 50
6,331 50
8,989 00
1,100 00
2,952 00
2,345 00
11,948 00
2,890 00
2,655 00
3,064 50
770 00
3,300 00
3,300 00
1,830 00
6,867 00
2,994 25
4,150 00
1,674 00
$2,700 00
2,300 00
5,600 00
6,300 00
1,500 00
5,400 00
8,900 00
1,000 00
2,400 00
2,000 00
10,300 00
3,400 00
2,000 00
2,700 00
700 00
5,500 00
5,500 00
1,600 00
6,300 00
2,900 00
4,000 00
1,800 00
$84,800
$87,899 75
$84,800 00
io
O' o
oo oo
o o
Par Value.
United States 4s,
. . .
United States 6s,
. . .
City of Lawrence 6s,
of Keene, N. H., 4s, .
of Bangor, Me., 6s, .
of VVorcester 6s,
$2,000 00
10,000 00
$22,200 00
5,850 00
$20,000 00
5,000 00
$25,000
$28,050 00
$25,000 00
B a n k St o c k .
Nat’l Bank of Commerce, Boston, .
Nat’l B’k of North America, Boston,
Market Nat’l Bank, Boston,
Pemberton Nat’l Bank, Lawrence, .
Howard Nat’l Bank. Boston, .
State 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,
Merchants’ Nat’l Bank, Boston,
Commonwealth Nat’l Bank, Boston,
Lawrence Nat’l Bank, Lawrence, .
Central Nat’l Bank, Boston,
Central Nat’l Bank, Boston,
First Ward Nat’l Bank, Boston,
Fourth Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Traders’ Nat’l Bank, Boston, .
R a ilr o a d B onds .
Fitchburg Railroad 5s,
Fitchburg Railroad 6s,
* This bank was notified that this investment was illegal and these bonds have since been
disposed of.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
PUBLIC DOCUMENT — No. 8
185
LEE SAYINGS BANK — LEE.
Incorporated March 5, 1852.
Number of corporators, 81.
J o h n L. K il b o n , Treasurer.
H a r r is o n G a r f i e l d , President.
State m e n t.
A ssets.
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
$568,791 14
12,931 09
16,300 00
Public funds, .
.
.
.
Loans on public funds, .
Bank stock...................................
Loans on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, not on inter
est, ............................................
Expense account,
Premium account, .
$122,000
1,000
110,100
790
4,426
289,043
32,453
00
00
00
00
22
35
00
10,000 00
22,276 55
933 11
5,000 00
$598,022 23
$598,022 23
Loan on Public Funds: —
O
o
On $1,000 United States B o n d , ............................................
00
Loan on Bank Stock: —
On 22 shares Lee National Bank, Lee, *
.
.
.
.
.
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,
.
.
.
.
790 00
$4,426
3,200
50
39
22
00
00
49
Cash on Deposit in Bank: —
Lee National B an k,......................................................................
$22,276 55
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 2 per cent., i
vear,
........................................................................................ .. 2 per cent., 1
Times for the dividends fixed by the by-laws: May 31st and Nov. 30th.
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: $5,500, 5
per cent.; $327,786.35, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each,
........................................................................................
. 265
Aggregate amount of the s a m e , ............................................
Number of open a c c o u n t s ,.....................................................
1,781
• previous y e a r , ..............................................................
1,259
Number and amount of deposits of and exceeding
time,
for the previous y e a r ,............................................
. 99
Number and amount of withdrawals, .
1,002
Number of accounts opened the previous year,
287
Number of accounts closed the previous year,
251
$33,996 80
10,721 10
10,606 71
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
194,200 47
134,415 09
57,032 17
126,220 62
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
187
PUBLIC DOCUMENT — No. 8.
1885.]
LEICESTER SAYINGS BANK — LEICESTER.
Incorporated 1869.
L o r y S. W
atson,
Number of corporators, 38.
D. E. M e r r i a m , Treasurer.
President.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$334,801 91
10,550 83
7,611 31
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest,
Premium account, .
.
.
.
$352,964 05
$133,806
1,000
48,345
500
13,000
134,355
16,350
2,752
2,854
25
00
87
00
00
00
00
01
92
$352,964 05
Loan on Public Funds: —
On $1,500 United States 4s..................................................................................... $1,000 00
Loan on Bank Stock: —
On 5 shares Leicester National B a n k , ..............................................................$500 00
Cash on Deposit in Bank: —
Leicester National B a n k , ............................................................................... $2,752 01
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous ) 2 per cent., j
year................................................................................................¡ 2 per cent., 1
Times for the dividends fixed by the by-laws: June and December.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 4.
The total amount of loans, with each specified rate of interest: $82,350,
5 per cent.; $1,800, 5^ per cent.; $67,405, 6 per cent.; $650, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each,
.
................................................................................................. 99
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received,.
.
.
.
Number of open a c c o u n t s ,.................................................................... 715
Number and amount of deposits (including dividends), received for pre
vious y e a r , ............................................................................................. 374
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...........................................................................
26
Number and amount of w ithdraw als,................................................. 365
Number of accounts opened the previous y e a r , ....................................66
Number of accounts closed the previous y e a r , ....................................61
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : June 17.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$17,102 29
6,215 20
6,362 14
84,505 00
2,00000
44,79492
15,14440
31,16131
1,04849
10,000 00
188
BANK COMMISSIONERS’ REPORT.
[Jan.
P u b l ic F u n d s .
Par Value.
* Estimated
Amount Invested.
Market Value.
United States 4s,
United States 4-Js,
.
.
.
.
County, city and town bonds : —
Stratford County, N. H., 4s,
City of Worcester 6s,
of Fall River 6s,
of Somerville 5s,
of Chelsea 6s, .
of Lynn 6s,
. . .
of Springfield 7s,
of Manchester, N. H., 6s, .
of Lawrence 4s,
of Columbus, 0,, 4s,
..
of Waterbury, Conn., 4s, .
of Lowell 4s, .
Town of Clinton 4s,
. . .
of Beverly 4s,
. . .
$20,000
10,000
5,000
12,000
1,000
10,000
8,000
9,000
2,000
1,000
10,000
10,000
5,000
10,000
10,000
10,000
$24,200 00
11,300 00
5,100
13,680
1,220
10,590
9,360
9,982
2,190
1,220
10,300
10,400
5,150
10,400
10,400
10,300
00
00
00
00
00
50
00
00
00
00
00
00
00
00
$133,000 $145,792 50
$20,000 00
10,000 00
5,000
12,000
1,000
10,806
8,000
9,000
2,000
1,000
10,000
10,000
5,000
10,000
10,000
10,000
00
00
00
25
00
00
00
00
00
00
00
00
00
00
$133,806 25
B a n k St o c k .
State Nat'l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Webster N a t’l Bank, Boston, .
Eliot Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Howard Nat’l Bank, Boston, .
No. America Nat’l Bank, Boston, .
Maverick Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
N’l B’k of Commonwealth, Boston,
Leicester Nat’l Bank, Leicester,
Central Nat’l Bank, Worcester,
Millbury Nat’l Bank, Millbury,
$5,000
5,000
3,000
3,000
2,000
1,500
2,100
2,500
1,200
1,000
1,500
1,000
1,000
7,400
2,500
1,100
$40,800
$5,800
5,800
3,060
3,660
2,395
1,781
1,953
2,837
1,236
2,230
1,395
1,040
1,135
8,584
3,500
1,430
87
58
00
00
00
25
00
50
00
00
00
00
00
00
00
00
$5,397
5,954
3,162
3,610
2,425
1,925
2,628
2,635
1,346
1,178
1,815
1,150
1,100
9,178
3,525
1,314
50
40
50
00
00
00
50
00
00
75
40
00
00
32
00
50
$47,838 20
$48,345 87
$10,0003,000
$11,100 00
3,345 00
$10,000 00
3,000 00
$13,000
$14,445 00
$13,000 00
R a il r o a d B o n d s .
Vermont & Massachusetts R. R. 5s,
Eastern Railroad 6s,
. . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 90
BANK COMMISSIONERS’ REPORT
[Jan.
Number of open a c c o u n t s , ............................................................ 1.944
Number and amount of deposits (including dividends), received for pre
vious y e a r , ......................................................................................................851
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................
. 47
Number and amount of w ith d raw als,...........................................
1,255
Number of accounts opened the previous y e a r , ....................................218
Number of accounts closed the previous y e a r , ....................................316
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : August 6.
Bank
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
30,292 95
144,117 91
1,764 25
40,000 00
St o c k .
Par Value.
Leominster Nat'l Bank, Leominster,
First Nat’l Bank, Leominster, .
Safety Fund Nat’l Bank, Fitchburg,
Webster Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston,
Commonwealth Nat'l Bank,Boston,
Traders’ Nat’l Bank, Boston, .
Central Nat’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,
Nat’l Bank of No. America, Boston,
$82,139 79
Estimated
Market Value.
Amount Invested.
$15,000
16,750
8,000
7,500
6,200
1,000
2,100
2,700
6,100
1,000
500
2,500
3,400
2,000
1,500
1,700
200
200
900
3,000
$15,450
15,075
8,800
7,575
6,944
1,135
1,953
1,620
6,023
922516
3,068
3,485
2,060
1,725
1,797
190
190
999
3,090
00
00
00
00
00
00
00
00
75
50
25
75
00
00
00
75
00
00
00
00
$15,000 00
16,750 00
8,000 00
7,500 00
6,200 00
1,000 00
2,100 00
2,700 00
6,100 00
1,000 00
500 00
2,500 00
3,400 00
2,000 00
1,500 00
1,700 00
200 00
200 00
900 ,.00
3,000 00
$82,250
$82,620 00
$82,250 00
191
PUBLIC DOCUMENT — No. 8
1885.]
LEXINGTON SAYINGS BANK — LEXINGTON.
Incorporated March 11, 1871.
I Number of corporators, 13.
Enjoined Dec. 13, 1878.
Resumed business Sept. 30, 1882. J
B r a d l y C. W
G e o r g e W . R o b in s o n , President.
h it c h e r ,
Treasurer.
State m e n t.
L
ia b il it ie s
A
.
Deposits,
Earnings undivided, .
Guaranty fund, .
Profit and loss, .
$62,566
47
1,221
1,244
82
84
61
12
s s e t s
.
Bank stock,
.
.
.
.
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest, .
Furniture,....................................
Cash on hand, .
.
.
.
$2,254
34.650
19.650
8,304
85
136
00
00
00
92
00
47
$65,080 39
$65,080 39
Cash on Deposit in Bank : —
National Bank of the Commonwealth,............................................
•
Whole amount of interest or profits received,
.
.
Rate and amount of each semi-annual dividend for previous ^ 2^ per cent., f
year,
.........................................................................................t %k Per cent., \
Times for the dividends fixed by the by-laws : third Wednesday in April
and October.
The total amount of loans, with each specified rate of interest: $50,800,
6 per cent.; $1,000, 6J per cent.; $2,500, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each.....................................................................................................20
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received.............................
Number of open a c c o u n t s ,.......................................................................448
Number and amount of deposits (including dividends), received for previous y e a r , .................................................................................................... 088
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................
Number and amount of w ith d ra w a ls,..................................................... 496
Number of accounts opened the previous y e a r , ....................................101
Number of accounts closed the previous y e a r , ........................................ 66
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : May 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,304 92
$2,359 32
812 32
1,161 08
25,300 00
50 00
64,442 55
34,713
59 20
35,744 55
250 33
5,000 00
192
BANK COMMISSIONERS’ REPORT.
[Jan.
B a n k St o c k .
Par Value.
Merchandise Nat’l Bank,
$2,300
Estimated
Market Value.
$2,185
Amount Invested.
*$2,254 00
* This hank was notified that this investment exceeded the legal limit; and it has since been
reduced to the limit provided by statute.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
193
PUBLIC DOCUMENT— No. 8
LOWELL FIVE CENTS SAVINGS BANK — LOWELL.
Incorporated 1854.
H o e a t io W
ood,
Number of corporators, 111.
President.
A k t e m a s S. T y l e e , Treasurer
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
$1,206,342 80
95,880 75
31,098 55
A
s s e t s
.
Public funds................................
Bank stock,
.
.
.
.
Loans on bank stock,
Loans on bank books,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$1,333,322 10
$72,975
•150,571
18,300
925
65.000
157,600
6; ¡5,500
136,450
00
50
00
00
00
00
00
00
25.000
35,639
2,898
2,463
00
22
21
17
$1,333,322 10
Invested in real estate (for hanking p u r p o s e s ) ,............................................
Estimated value of the sam e,................................................................................
Amount of real estate held by foreclosure, .
.
.
.
.
.
.
Assessed value of the s a m e , ......................................................................
.
Amount of income received from the s a m e ,............................................
Amount of municipal tax on real estate,
.....................................................
to
o
o
o
Loans on Bank Stock, amount on each : —
On 20 shares Prescott National B a n k ,.............................................................
On 63 shares Prescott National B a n k ,..................................................... )
On 14 shares Appleton National B a n k ,..................................................... j
On 67 shares Crocker National B a n k ,..................................................... 'I
On 34 shares Rollstone National Bank, Fitchburg,
.
I
On 2 shares Old Lowell National Bank, L o w e ll,................................... j"
On 1 share First National Bank, L o w e l l , ............................................ J
00
7 ,0 0 0 0 0
9 ,3 0 0 0 0
1
$ 6 5 ,0 0 0 00
6 5 ,0 0 0 0 0
1 5 7 ,6 0 0 00
110 ,2 5 0 00
7 ,2 0 2 27
1 ,8 5 9 68
Cash on Deposit in Banks, amount in each: —
Prescott National Bank, L o w e ll ,.............................................................. ........
Appleton National Bank, L o w e ll,..............................................................
Commonwealth National Bank, B o s t o n , .....................................................
$ 1 8 ,6 7 1 47
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ...............................................................................
J 2 per cent, 1
Times for the dividends, fixed by the by-laws: January and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 4|.
The total amount of loans, with each specified rate of interest: $170,000,
4f per cent.; $304,125, 5 per cent.; $36,500, 5^ per cent.; $264,900,6 per
cent. ; $32,500, 6^ per cent.; $33,850, 7 per cent.; $1,300, 7 3-10 per cent.;
$3,000, 7i per cent.
$ 6 9 ,6 9 8 17
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
9 ,1 6 5 52
7 ,8 0 2 23
2 4 ,2 9 4 72
2 4 ,0 4 6 8 7
194
BANK COMMISSIONERS’ REPORT.
[Jan.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................... 70
Aggregate amount of the s a m e , .......................................................................$96,525 00
Amount of investments from which no income is received, .
.
.
.
19,200 00
Number of open a c c o u n t s , ..............................................................6,145
Number and amount of deposits (including dividends), received for pre
vious year..............................................................................................
14,063
177,749 31
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 114
61,192 17
Number and amount of w ith draw als,............................................
2,418
223,124 74
Number of accounts opened the previous y e a r , ................................... 665
Number of accounts closed the previousy e a r , ........................................821
Amount of expenses of the corporation during previous year,
.
.
.
6,664 34
Amount of treasurer’s b o n d ,................................................................................
30,000 00
Date of examination by commissioner : July 28.
. P u b l ic F u n d s .
Par Value.
City and town bonds : —
City of Lawrence, . .
of Charlestown,
of Cambridge, . .
of Lowell,
. .
Town of Plymouth, . .
.
.
.
.
.
.
.
.
Estimated
Market Value.
$10,000
10,000
15,000
35,000
5,000
$10,050
10,300
15,600
39,200
5,050
$75,000
$80,200 00
00
00
00
00
00
Amount Invested.
$10,000
10,000
15,000
32,975
5,000
00
00
00
00
00
$72,975 00
B a n k St o c k .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Continental Nat’l Bank, .
City Nat’l Bank, Boston, .
Commerce Nat’l Bank, Boston,
Commonwealth Nat’l Bank, Boston,
Kagle Nat’l Bank, Boston,
Lliot Nat’l Bank, Boston,
Everett Nat’l Bank, Boston, .
Exchange Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston, .
Hide and Leather Nat’l B’k, Boston,
Globe Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Redemption Nat’l Bank, Boston,
btate Nat’l Bank, Boston,
Suffolk National Bank, Boston,
Second Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,900
4,500
5,200
7,000
1,300
1,400
1,000
2,800
5,000
400
1,000
5,000
3,400
1,500
5,200
9,000
2,700
5,600
2,000
9,200
2,500
500
$4,572
4,646
5,980
7,210
1,430
1,554
1,135
2,961
6,137
410
1,140
5,275
4,080
1,740
5,135
9,270
3,206
6,174
2,345
10,373
3,725
573
75
25
00
00
00
00
00
00
50
00
00
00
00
00
00
00
25
00
00
00
00
75
$3,900
4,500
5,200
7,000
1,300
1,400
1,000
2,800
5,000
400
1,000
5,000
3,400
1,500
5,200
9,450
2,700
5,600
2,000
9,200
2,500
500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1885 ]
P U B L IC
Bank
Sto ck
— Concluded.
Par Value.
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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
195
D O C U M E N T — N o. 8
•
$1,000
7,100
2,200
900
8,500
8,300
3,500
13,500
15,000
Estimated
Market Value.
$950
7,366
3,025
1,172
12,750
9,960
4,375
20,250
17,400
00
25
00
25
00
00
00
00
00
$140,100 $166,322 00
Amount Invested.
$1,000
7,100
2,200
900
11,305
10,970
3,540
16,806
16,2C0
00
00
00
00
00
50
00
00
00
$150,571 50
196
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
LOW ELL INSTITUTION FOR SAYINGS — LOWELL.
Incorporated 1829.
Number of corporators, 64.
J o h n 0 . G r e e n , President.
G e o r g e J. C a r n e y , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
$3,438,808 61
36,234 90
114,370 6 8
A
s s e t s
.
$510,000
187,600
33,200
20,334
687,420
Public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate,
.
.
.
.
Loans on real estate,
Loans to counties, cities or
towns.........................................
Deposit in banks, on interest, .
00
00
00
06
58
1,839,800 00
311,059 55
$3,589,414 19
$3,589,414 19
Loans on Bank Stock, amount on each : —
On 250 shares Wamesit National Bank, Lowell, .
On 30 shares Merchants’ National Bank, Lowell, .
On 33 shares Appleton National Bank, Lowell,
On 38 shares Merchants’ National Bank, Lowell,
On 75 shares Wamesit National Bank, Lowell,
.
Invested in real estate (for banking purposes),
Estimated value of the sam e,...................................
Amount of municipal tax on real estate,
.
’j
$22,500 00
2,700 00
3,000 00
5,000 00
$20,334 06
20,334 06
595 00
Cash on Deposit in Banks, amount in each : —
Merchants’ National Bank, Lowell,
Wamesit National Bank, Lowell, .
Prescott National Bank, Lowell, .
Appleton National Bank, Lowell, .
Whole amount of interest or profits r e c e i v e d , .............................................
Rate and amount of each semi-annual dividend for previous ) 1£ per cent.,
y e a r , ................................................................................J 2 per cent.,
Times for the dividends, fixed by the by-laws : first Saturday in May and
November.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 5 17-1000.
The total amount of loans, with each specified rate of interest: $50,000, 3J
per cent.; $100,000, 3| per cent.; $100,000, 3| per cent.; $680,000, 4 per
cent.; $50,000, 4 ^ 9 - per cent.; $85,300, 4| per cent.; $498,820.58, 5 per
cent.; $543,000, 6 per cent.;' $200,000, 6 J per cent.; $225,000, 6.3- per
cent.; $6,800, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,...............................................................................................t4 4
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,.............................................................. 10,014
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$71,059 55
100,000 00
50.000 00
90.000 00
$177,373 69
48,829 32
65,574 29
76,470 58
1 8 8 5 .]
P U B L IC
D O C U M E N T — N o . 8.
197
Number and amount of deposits (including dividends), received for pre
vious y e a r , ............................................................................... .........
24,293
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.............................................................................. 459
6,136
Number and amount of w ith d raw als,............................................
Number of accounts opened the previous year,
.
.
.
.
1,628
Number of accounts closed the previous year,
.
.
.
1,670
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : September 18.
$680,236 47
255,615 00
637,622 16
8,100 00
25,000 00
P u b l ic F u n d s .
Par Value.
United States 3s, registered,
District of Columbia 5s, .
.
Ban k
Columbian Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
New England Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
First Nat’l Bank, Lowell,
Merchants’ Nat’l Bank, Lowell,
Railroad Nat’l Bank, Lowell, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$445,000 $445,000 00
65,000
70,850 00
$445,000 00
65,000 00
$510,000 $515,850 00
$510,000 00
St o c k .
$14,200
17,400
34,400
16,100
47,300
16,000
8,000
34,200
$18,176
18,270
47,128
21,252
71,423
24,000
10,000
39,330
00
00
00
00
00
00
00
00
$187,600 $249,579 00
$14,200
17,400
34,400
16,100
47,300
16,000
8,000
34,200
00
00
00
00
00
00
00
00
$187,600 00
198
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[ Ian
L YN N F IVE CENTS SAYINGS B A N K — LYNN.
Incorporated 1854.
Number of corporators, 59.
H e n r y A. P e v e a r , President.
H e n r y E. N e w h a l l , Treasurer
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$ 1,838,729 08
107,791 94
38,000 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
•
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Tax titles,...................................
Railroad notes,
Cash on hand, .
.
.
.
SI,984,521 02
$25,000
132.000
330,489
10,975
76,983
30.000
25,292
907,920
156,600
00
00
47
00
65
00
36
45
00
56.000
197,891
1,626
362
25.000
8,378
00
93
70
64
00
82
$1,984,521 02
Loans on Public Funds, amount on each: —
On $100,000 United States currency 6 s,
On $30,000 District of Columbia 3T6^ s ,
On $2,000 United States 4s,
.
$ 100,000
30,000
00
00
2 ,0 0 0 00
Loans on Bank Stock, amount on each : —
On 8 shares Central National Bank, Lynn, .
On 22 shares City National Bank, Lynn,
On 7 shares First National Bank, Lynn
On 75 shares Security National Bank, Lynn,
$600
00
2 ,2 0 0 00
675
7,500
Invested in real estate (for banking purposes),
Estimated value of the same, .
.
.
.
Amount of real estate held by foreclosure,
Assessed value of the same, .
.
.
.
Amount of income received from the same, .
Amount of municipal tax on real estate,
00
00
$30,000 00
35,000 00
25,292 36
33,450 00
1,032 00
1,126 40
Cash on Deposit in Banks, amount in each : National City Bank, Lynn,
.
.
Merchants’ National Bank, Boston,
National Bank of Republic, Boston,
Lincoln National Bank, Boston,
.
.
.
.
$8,705 70'
12,357 01
151,829 22
25,000 00
Whole amount of interest or profits received or earned,
$107,793 60
Rate and amount of each semi-annual dividend for previous 1 2 per cent., j
32,657 79
y e a r , ..............................................................
J 2 per cent.,"
33,530 77
Times for the dividends, fixed by the by-laws : January 1 and July 1.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
199
P U B L IC D O C U M E N T — N o. 8.
The total amount of loans, with each specified rate of interest: $9,000, 4
per cent ; $2,000, 4J per cent.; $189,000, 4£ per cent.; $25,000, 4| per
cent.; $261,200, 5 per cent.; $17,400, 5| per cent.; $674,050, 5^ per cent.;
$78,845, 6 per cent.; $1,400, 6 J per cent.; $6,600, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
. 512
each,
.................................................................................................
Aggregate amount of the same..............................................................
Amount of investments from which no income is received, .
10,795
Number of open a c c o u n t s ,.............................................................
Number and amount of deposits (including dividends), received for pre13,074
vious y e a r , ........................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
. 321
for the previous y e a r ,.......................................................................
8,784
Number and amount of w ithdraw als,............................................
2,326
Number of accounts opened the previous year, .
.
.
.
1,877
Number of accounts closed the previous year..................................
Amount of expenses of the corporation during previous year, .
.
Amount of treasurer’s b o n d ,..............................................................
Date of examination by commissioner: June 14.
$526,520
3,000
00
00
578,436 83
138,708 0 0
501,765 05
6,232 85
30,000 0 0
P u b l ic F u n d s .
Par Value.
State, city and town bonds : —
State of Maine 6s,
City of Chelsea 6s, .
of Lynn 6s,
. . .
of Manchester, N. H., 4s,
Town of Brookline 7s,
$7,000
2,000
5,000
1,000
10,000
$25,000
Estimated
Amount Invested.
Market Value.
$7,700
2,340
5,100
1,000
13,200
00
00
00
00
00
$7,000
2,000
5,000
1,000
10,000
00
00
00
00
00
$29,340 00
$25,000 00
$55,760
13,578
5,280
52,440
26,730
8,624
27,830
812
8,142
2,625
1,425
15,862
10,044
1,610
2,125
17,399
5,768
17,160
$47,122 50
11,863 97
5,150 00
54,147 87
21,601 75
11,500 00
34,000 00
682 50
7,031 63
2,500 00
1,500 00
21,816 50
13,617,,00
1,900 00
2,450 00
18,000 00
7,512 50
19,325|00
* 1
B a n k St o c k .
City Nat’l Bank, Lynn,
Centi-al Nat’l Bank, Lynn,
First Nat’l Bank, Lynn, .
Exchange Nat’l Bank, Boston,
First Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Nat’l Bank of Redemption, 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 B’k, Boston,
Continental Nat’l Bank, Boston,
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,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$32,800
9,300
4,400
46,000
13,500
8,800
25,300
700
6,900
2,500
1,500
15,400
10,800
1,400
1,700
12,700
5,600
13,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
200
B A N K C O M M IS S IO N E R S ’ R E P O R T .
B a n k St o c k
— Concluded.
Tar Value.
Republic Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Commonwealth Nat’l Bank, Boston,
Nat’l Bank of No. America, Boston,
North Nat’l Bank, Boston,
Merchandise Nat’ i Bank, Boston, .
Georgetown N’l Bank, Georgetown,
$4,200
12,700
5.000
2,600
3.000
5.000
10,000
Estimated
Market Value.
$5,376
13,081
5,650
2,678
3,600
4,750
9,000
00
00
00
00
00
00
00
$254,800 $317,349 00
R
a il r o a d
Boston & Maine Railroad 7s, .
Fitchburg Railroad 7s,
Eastern Railroad 6s,
Boston & Albany Railroad 7s,
Old Colony Railroad 6s, .
Old Colony Railroad 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Jan
B
Amount Invested.
$5,200
17.000
5.000
2,418
4,150
5.000
10.000
00
00
00
00
25
00
00
$330,489 47
onds.
$11,000
2,000
10,500
24,000
7,000
23,000
$13,420
2,440
11,550
28,080
8,240
28,060
$77,500
$91,790 00
00
00
00
00
00
00
$11,000
2,000
9,983
24,000
7,000
23,000
00
00
65
00
00
00
$76,983 65
»
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8 .
201
LYNN INSTITUTION FOIl SAVINGS — L Y N N .
Incorporated 1826.
Number of corporators, 63.
D. H. S w e e t s e r , Treasurer.
P h i l i p A. C h a s e , President.
Statem ent.
L
ia b il it ie s
A
.
Deposits,
$2,325,087 30
86,201 51
Earnings undivided, .
76,000 00
Guaranty fund, .
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad bonds,
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Tax titles,
.
.
.
.
Cash on hand, .
.
.
.
$419,500
2,800
206,455
25,925
28,700
5,000
40,000
1,117,444
291,300
00
00
00
00
00
50
00
00
267,750
71,109
649
10,654
00
75
79
77
00
$2,487,288 81
$2,487,288 81
Loans on Public Funds, amount on each
On $2,000 Brookline 7 s , ........................................................................................ $2,000 00
On $1,000 United States 4 s , ...............................................................................
800 00
Loans on Bank Stock, amount on each : —
On 80 shares National City Bank, L y n n , ..................................................... $8,000 00
On 103 shares First National Bank, L y n n ,.....................................................
10,200 00
3,325 00
On 34 shares Central National Bank, L yn n ,.....................................................
On 16 shares First National Bank, Lynn....................................................1
On 18 shares Central National Bank, L y n n ,............................................ [.
4,400 00
On 10 shares Exchange National Bank, B o sto n ,....................................J
Loans on Railroad Bonds: —
On $5,000 Boston, Revere Beach & Lynn R a i l r o a d ,.................................... *$5,000 00
Invested in real estate (for banking purposes),
.
.
.
.
.
.
Estimated value of the sam e,................................................................................
Amount of municipal tax on real e s t a t e , .....................................................
$40,000 00
50,000 00
572 24
Cash on Deposit in Banks, amount in each: —
First National Bank, L y n n , ................................................................................$46,109 75
National Security Bank, L y n n , .......................................................................
25,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ........................................................................................ J 2 per cent., (
Times for the dividends, fixed by the by-laws : May 1 and November 1.
* This bank has been notified that this loan exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$131,775 45
41,292 56
42,551 43
202
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
The total amount of loans, with each specified rate of interest: $15,000,
3J per cent.; $251,000,4 per cent.; $94,400, 4J per cent.; $25,000, 4|
per cent.; $523,239, 5 per cent.; $7,000, 5| per cent.; $369,138, 5£ per
cent.; $403,842, 6 per cent.; $6,200, 6 £ per cent.; $14,900, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 3 3 9
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s , ....................................................................... 7,136
Number and amount of deposits (including dividends), received for pre
vious year, .
7,104
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................... 365
Number and amount of withdrawals, .
.
.
.
.
.
5,578
Number of accounts opened the previous year, .
.
.
.
1,234
Number of accounts closed the previous year,
.
.
.
.
1,098
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner: June 23.
1,125 00
609,086 51
181,284 00
509,281 78
5,456 82
30,000 00
P u b lic F u n d s .
Par Value.
United States 4s,
United States 4is,
.
.
.
.
.
.
City and town bonds: —
City of Lynn 4s,
.
.
.
of Lynn 6s,
. . .
of Lowell 6s, .
of Somerville 5-Js, .
of Boston 6s,
of Fall River 5s,
of Fall River 6s,
of Malden 6s, .
of Newburyport 4s, .
of Providence, R.I., 5s,
of Fitchburg 4s,
of Detroit 7s, .
of Cleveland 7s,
of Manchester 6s,
Town of Saugus 5s,
. . .
of Peabody 7s,
of Melrose 6s,
of South Abington 4s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
.
Estimated
Market Value.
Amount Invested.
$40,000
115,000
$48,800 00
129,950 00
$40,000 00
115,000 00
24,500
32,000
10,000
5,500
16,000
25,000
7,000
15,000
10,000
14,000
10,000
13,000
32,000
3,000
7,500
20,000
15,000
5,000
24,500 00
33,800 00
11,150 00
5,610 00
18,160 00
27,000 00
8,190 00
16,500 00
10,000 00
15,610 00
10,000 00
14,820 00
38,400 00
3,300 00
7,687 00
20,000 00
16,950 00
5,000 00
24,500 00
32,000 00
10,000 00
5,500 00
16,000 00
25,000 00
7,000 00
15,000 00
10,000 00
14,000 00
10,000 00
13,000 00
32,000 00
3,000 00
7,500 00
20,000 00
15,000 00
5,000 00
$419,500 $465,427 00
$419,500 00
i 8 8 5 .]
P U B L IC D O C U M E N T — No. 8.
B
ank
203
Sto ck .
Tar Value.
Atlantic Nat’l Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Everett Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Exchange Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
Merchandise Nat’l Bank, Boston, .
Nat’l B’k of North America, Boston,
First Nat’l Bank, Boston,
New England Nat’l Bank, Boston, .
Rockland Nat’l Bank, Boston,
Republic Nat’l Bank, Boston, .
Shoe and Leather Nat’l B’k, Boston,
Shawmut Nat’l Bank, Boston, .
Second Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
First Nat’l Bank, Lynn, .
Central Nat’l Bank, Lynn,
City Nat’l Bank, Lynn, .
$5,300
5,500
8,900
3,500
5,400
1,300
5,500
2,500
2,500
3,400
2,500
5,900
10,000
10,000
6,000
2,000
5,500
4,200
7,300
41,100
30,100
21,300
Estimated
Market Value.
$7,950
5,500
11,570
3,675
5,670
1,365
6,215
2,375
2,375
3,570
5,000
7,965
13,500
12,500
5,700
2,240
8,250
3,990
9,490
49,320
43,645
36,210
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$189,700 $248,075 00
R
a il r o a d
Eastern Railroad 6s,
. . .
Boston, Revere Beach & Lynn Railroad 6s,........................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
B
Amount Invest'd.
$6,625
5,500
8,900
3,500
5,400
1,300
5,500
2,500
2,500
3,400
3,750
5,900
10,000
10,000
6,000
2,000
6,875
4,200
8,760
41,100
36,120
26,625
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$206,455 00
o n ds.
$21,000
$23,310 00
$19,700 00
9,000
9,990 00
9 000 (0
$30,000
$33,300 00
$28,700 00
204
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
M ALDEN SAYINGS BANK — MALDEN.
Incorporated 1860.
Cale b W
a it e ,
Number of corporators, 25.
President.
C h a r l e s M e r r i l l , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$678,334 42
6,122 49
1 1 ,0 0 0 00
s s e t s
.
$80,500
4,000
67,450
264,422
175,068
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Expense account,
Premiums,
.
.
.
.
Cash on hand, .
.
.
.
00
00
00
00
OO
2 0 ,0 0 0 0 0
68,347 22
160 50
1 2 ,0 0 0 0 0
3,509 19
$695,456 91
$695,456 91
Loan on Public Funds : —
On ¡¡¡>4,000 City of Norwich, Ct., bonds...............................................
•
¡¡¡>4,000 00
Cash on Deposit in Banks, amount in each : —
Abington National Bank, Abington,
First National Bank, Malden,
Blackstone National Bank, Boston,
$
20,000 00
33,347 22
15,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
$32,709 91
Rate and amount of each semi-annual dividend for previous ) 2 per cent., t 11,734 04
y e a r ,.........................................................................................>2 per cent., t 11,902 65
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, 4
percent.; $25,000, 4J per cent.; $147,600,5 per cent.; $270,890, 6 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................ .............................................127
Aggregate amount of the s a m e , .......................................................................
186,415 00
Number of open a c c o u n t s ,.............................................................. 3,301
Number and amount of deposits (including dividends) received for pre
vious y e a r , ........................................................................................
9,425
265,141 38
Number and amount of deposits of and exceeding $300 at any one time for
the previous y e a r , ................................................................................ 131
62,933 98
Number and amount of w ith draw als,............................................
2,239
222,447 02
Number of accounts opened the previous y e a r , ................................... 534
Number of accounts closed the previousy e a r , ........................................ 377
Amount of expenses of the corporation during previous year,
.
.
.
2,106 39
Amount of treasurer’s b o n d ,................................................................................
10,000 00
Date of examination by commissioner : May 2 0 .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC
205
D O CUM ENT — Ko. 8
P u b l ic F u n d s .
Par Value.
United States 4i-s,
United States 6s,
.
.
.
.
.
.
.
Citv and town bonds : —
City of Newton 5s, .
.
.
of Fall Paver 6s,
of Bangor 6s, .
of Fitchburg 6s,
Town of Brookline 7s,
of Woburn 6s,
. . .
.
$31,500
10,000
8,000
5,000
5,000
1,000
10,000
10,000
$80,500
B
ank
Atlas Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Nat’l Bank of Commerce, 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,
No. 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, .
Nat’l Bank of Redemption, Boston, .
State Nat’l Bank, Boston,.
Shawmut Nat’l Bank, Boston, .
Suffolk Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
Malden Nat’l Bank, Malden, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$35,910 00
13,400 00
9,440
6,000
5,950
1,200
12,000
12,000
00
00
00
00
00
00
$95,900 00
Amount Invested.
$32,964 68
10,000 00
8,120
5.375
5,325
1,095
12,612
10,950
00
00
00
00
50
00
$86,442 18
St o c k .
$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
1,200
1,200
1,000
3,000
7,600
$57,450
$2,300
3,450
1,404
2,525
3,808
2,968
944
7,640
2,650
2,970
1,980
1,200
2,260
1,254
1,080
3,960
910
1,236
1,680
1,239
826
685
6,160
5,499
1,808
1,356
1,116
1,020
3,030
9,120
00
00
00
00
(0
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$78,078 00
$2,000
3 490
1,381
2.335
4,354
3,143
920
8,953
2,425
2,745
2,045
1,100
2,000
1,100
1,080
3,834
1,000
1,130
1,778
1,354
707
653
7,361
5,539
1,710
1,363
1,184
1,015
3,256
7,600
00
75
25
62
25
50
00
50
00
00
00
00
00
00
00
75
00
50
00
75
87
75
25
00
87
50
10
0o
25
00
$78,564 16
206
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan.
M ARBLEHEAD SAYINGS BANK — M ARBLEHEAD.
Incorporated 1871.
I sa a c C. W
yman,
Number of corporators, 72.
President.
W
G i l l e y , Treasurer.
il l i a m
Statem en t,
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$237,777 87
5,028 98
3,776 47
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.........................................
Deposit in bank, on interest, .
Expense account,
.
.
.
Cash on hand, .
$246,583 32
$31,578
55,818
32,691
62,550
20,991
34
96
94
00
59
12,500
28,703
523
1,224
00
70
82
97
$246,583 32
Amount of real estate held by foreclosure,..................................................... $32,691 94
Assessed value of the s a m e ,................................................................................
28,500 00
Amount of income received from the s a m e ,.....................................................
1,903 10
Amount of municipal tax on real e s t a t e , .....................................................
475 02
Cash on Deposit in Bank : —
Marblehead National B a n k ,............................................ ........
$28,703 70
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
y e a r , ................................................................................J 2 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: 4.
The total amount of loans, with each specified rate of interest: $11,500, 5
per cent.; $2,500, 5£ per cent.; $39,650, 6 per cent.; $7,100, 7 per cent.;
$600' 7J per cent.; $ 1 ,2 0 0 , 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .................................................................................................................
Aggregate amount of the same,
.
..............................................................
Number of open a c c o u n t s ,....................................................................... 1,272
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..................................................................................................1,042
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.................................................................................... 37
Number and amount of w ith d ra w a ls,................................... ........
. 7 57
Number of accounts opened the previous y e a r , ....................................195
Number of accounts closed the previous y e a r , ....................................... 133
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : October 19.
$10,275 40
4,184 04
4,303 54
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
35,050 00
62,869 58
18,985 00
51,686 08
1,118 45
10,000 00
1885.]
207
P U B L IC D O C U M E N T — No. 8.
P u b lic F u n d s .
Par Value.
Estimated
Market Value.
Amount Invested.
United States bonds,
$1,500
$1,830 00
$1,500 00
City and town bonds : —
City of Charlestown,
of Bangor, Me.,
Town of Arlington, . . .
of Melrose, .
3.000
8.000
5,000
10,000
3,480
9,280
5,800
12,500
3,047
8,984
5,225
12,821
.
$27,500
00
00
00
00
$32,890 00
00
67
00
67
$31,578 34
B a n k St o c k .
Nat’l Grand Bank, Marblehead,
Marblehead Nat’l B’k, Marblehead,
Blackstone Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Mount Vernon Nat’l Bank, Boston,
Merchandise Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,.
Shoe and Leather Nat’l B’k, Boston,
State Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Nat’l Bank of Commerce, Boston, .
Nat’l Bank of Redemption, Boston,
Nat’l B’k of North America, Boston,
Nat’l Bank of the Republic, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,800
1,200
3,000
3,100
2,500
500
900
2,500
2,000
1,300
2,500
2,500
2,100
5,600
400
3,200
1,900
2,900
2,500
2,400
$46,800
$4,389
1,386
3,097
3,572
2,575
600
830
3,318
2,510
1,248
3,000
2,868
2,000
6,566
475
3,712
2,109
3,197
2,575
4,084
00
00
50
75
00
00
25
75
00
00
00
25
25
00
00
00
00
25
00
00
$54,114 00
$4,639
1,344
3,485
3,839
2,687
591
999
3,331
2,505
1,297
3,056
3,084
2,366
6,048
442
3,744
2,440
4,067
2,778
3,072
15
00
00
50
50
25
00
25
20
67
25
37
25
45
75
00
00
25
12
00
$55,818 96
208
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
MARLBOROUGH SAYINGS B A N K — MARLBOROUGH.
Incorporated April 3, 1860.
Number of corporators, 90.
S. H e r b e r t H o w e , Preside?it.
E d w a r d R. A l l e y , Treasurer.
Sta te m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$989,982 26
27,571 82
17,132 00
s s e t s
.
Public funds, .
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Expense account,
$1,034,686 08
$204,900
138,759
2,300
13,195
489,125
87,257
00
12
00
00
00
26
50,000 00
48,320 62
829 08
$1,034,686 08
Loans on Bank Stock, amount on each: —
On 12 shares National Bank of the Commonwealth, Boston,
On 11 shares Globe National Bank, Boston......................................
Cash on Deposit in Banks, amount in each : —
People’s National Bank, Marlborough,.............................................................. $>15,089 63
First National Bank, M a r l b o r o u g h ,..............................................................
33,230 99
Whole amount of interest or profits received or earned,
.
.
.
.
$51,275 09
Rate and amount of each semi-annual dividend for previous ) 2^ per cent., $ 22,232 21
year........................................................................................... )2 per cent.J
18,644 83
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 time of, and
including, last extra dividend: 5^902()-.
The total amount of loans, with each specified rate of interest: $22,000,
4 per cent.; $30,829, 4^ per cent ; $17,000, 4i| per cent.; $83,264.90, 5 per
cent.; $38,891.14, 5£ per cent.; $423,127.28, 6 per cent.; $5,000, 6 £ per
cent.; $8,569.94, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
391
e a c h , .......................................................................
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,.............................................................. 3,103
Number and amount of deposits (including dividends), received for pre
vious y e a r , .........................................................................................
2,576
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 177
Number and amount of w ith d raw als,...........................................
1,651
Number of accounts opened the previous y e a r , ....................................615
Number of accounts closed the previous y e a r , .......................................448
Amount of expenses of the corporationduring the previous year,
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: July 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
367,476 34
253,559 04
98,987
199,840
00
34
2,239 57
10,000 00
1885.]
209
P U B L IC D O C U M E N T — N o. 8
P u b lic F u n d s .
Par Value.
City and town bonds : —
City of Lowell,
. . . .
of Charlestown,
of Boston,
. . . .
of Fall River, . . . .
of Keene, N. H ,
of Providence, R. I.,
of Cambridge, . . . .
of L y n n ,................................
of Lewiston, Me.,
of Worcester, . . . .
of Dover, N. H ,
of Fitchburg, . . . .
of Newton,
. . . .
Town of Marlborough, .
of Winchester,
of Pawtucket, R. I.,
of Clinton,
. . . .
of Arlington, . . . .
$32,000
27,000
21,000
15,000
10,000
9,000
8,000
9,000
7,000
5,500
4,400
3,000
2,000
20,000
15,000
10,000
4,000
3,000
Estimated
Market Value.
$34,000
30,675
24,635
' 17,475
10,300
10,530
9,350
10,340
7,980
5,675
5,104
3,060
2,360
20,900
15,600
11,200
4,160
3,450
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$204,900 $226,794 00
Amount Invested.
$32,000
27,0 0
21,00!)
15,000
10,00)
9,000
8,000
9,000
7,000
5,500
4,400
3,000
2,000
20,000
15,000
10,000
4,000
3,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$204,900 00
B a n k St o c k .
First Nat'l Bank, Marlboro’,
Continental Nat’l Bank, Boston,
Nat’l Bank of Republic, Boston,
Webster Nat’l Bank, Boston, .
Manufacturers’ Nat’l Bank, Boston,
Third Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
People’s Nat’l Bank, Marlboro’,
Eagle Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Nat’l Bank of No. America, Boston,
City Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston,
Faneuil Hall Nat’l Bank, Boston, .
Nat’l Bank of Redemption, Boston,
Merchandise Nat’l Bank, Boston, .
Market Nat’l Bank, Boston,
State Nat’l Bank, Boston,
First Nat’l Bank, Lvnn, .
Everett Nat’l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
City Nat’l Bank, Worcester, .
Commerce Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$16,400
8,800
7,500
7,500
7,000
7,000
6,500
5,500
5,100
5,000
5,000
5,000
5,000
4,400
4,200
4,000
4,000
3,000
3,000
2,500
2,500
2,000
2,000
1,600
1,600
1,500
$15,580
9,240
9,600
7,500
6,790
6.702
6,727
5,940
5,393
4,950
5,150
5,500
5,625
5,731
4,830
3,800
3,740
3,502
3,600
2,562
2,375
2,270
2,445
1,944
1,920
1,665
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$16,400
8,800
9,453
7,500
7,000
7,000
6.500
5,500
5,355
5,000
5,250
5,250
5,356
5,500
4,830
4,000
4,000
3,150
3,150
2,500
2,500
2,000
2,100
1,680
1,600
1,500
00
00
12
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
210
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan
O
B a n k St o c k
— Concluded.
Par Value.
First Nat’l Bank, Clinton,
Hide and Leather Nat’l B’k, Boston,
Traders’ Nat’l Bank, Boston, .
Blackstone Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
$1,500
1,400
1,200
800
700
Estimated
Market Value.
$1,875
1,625
1,116
824
826
00
00
00
00
00
$133,200 $141,347 00
Amount Invested.
$1,680
1,470
1.200
800
735
00
00
00
00
00
$138,759 12
R a il r o a d B o n d s .
Boston & Al'banv Railroad,
Old Colonv Railroad,
Boston & Maine Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$6,000
1,000
4,000
$7,200 00
1,200 00
4,940 00
$7,200 00
1,195 00
4,800 00
$11,000
$13,340 00
$13,195 00
P U B L IC D O C U M E N T — N o. 8.
1885 ]
211
M ECHANICS’ SAVINGS BANK — HOLYOKE.
Incorporated 1872.
Number of corporators, 49.
C. B. P r e sc o t t , Treasurer.
J a m e s H . N e w t o n , President.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guarant3r fund, .
A
.
$618,825 34
4,442 03
8,142 00
s s e t s
.
Bank stock,
.
.
Loans on bank stock,
Loans on real estate,
Loans on personal security,
Deposit in bank, not on inter
est, ............................................
Expense account,
Furniture and fixtures, .
Cash on hand, .
.
.
.
$41,078 50
12,600 0 0
430,147 00
130,662 00
12,821 37
1,315 07
2,118 75
666 68
$631,409 37
$631,409 37
Loans on Bank Stock, amount on each : —
$8,900 00
On 125 shares Home National Bank, Holyoke,
On 20 sliares Holyoke National Bank, Holyoke, .
On 10 shares City National Bank, Holyoke, .
On 8 shares Agawam National Bank, Springfield,
2 ,0 0 0 0 0
900 00
800 00
Cash on Deposit in Bank: —
City National Bank, H o l y o k e , ...................................
•f
Whole amount of interest or profits received or earned,
is I 2 per cent., j
J 2 per cent., (
year,
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: 4.
The total amount of loans, with each specified rate of interest: $573,409, 5
per cent.
Number of outstanding loans which are of an amount not exceeding
. 188
$3,000 e a c h ,........................................................................................
Aggregate amount of the s a m e , .....................................................
Amount of investments from which no income is received,
2 ,1 0 2
Number of open a c c o u n t s ,..............................................................
Number and amount of deposits (including dividends), received for pre3,035
vious y e a r , .........................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
. 192
for the previous y e a r ,.......................................................................
1,658
Number and amount of withdrawals, .
.
.
..
.
. 678
Number of accounts opened the previous year, .
.
.
.
Number of accounts closed the previous y e a r , ................................... . 461
Amount of expenses of the corporation during previous year, .
Amount of treasurer’s bond, .
.
.............................................
Date of examination by commissioner : September 29.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,821 37
$30,818 24
10,060 23
11,626 43
209,869
9,000
00
00
261,476 67
119,807 46
226,305 13
1,315 07
2 0 ,0 0 0 0 0
212
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
B a n k St o c k .
Par Value.
Shoe and Leather Nat’l B’k, Boston,
First Nat’l Bank, Springfield, .
Third Nat’l Bank, Springfield,
Hadley Falls Nat’l Bank, Holyoke,
City Nat’l Bank, Holyoke,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,200
2,000
5,000
5,500
17,500
$32,200
Estimated
Market Value.
$2,200
3,200
9,000
9,350
21,875
00
00
00
00
00
$45,625 00
$3,008
3,080
8,500
8,790
17,700
50
00
00
00
00
$41,078 50
1885.]
213
P U B L IC D O C U M E N T — N o. 8
MECHANICS’ SAYINGS BANK — LOWELL.
Incorporated 1861.
W
il l ia m
Number of corporators,
A. B u r k e , President.
68.
C h a r l e s C. H u t c h in s o n , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$1,500,955 41
53,970 41
38,000 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest,
Cash on hand, .
.
.
.
$87,000
172,950
11,500
30,000
92,175
154,912
607,009
388,150
39,859
9,370
.
$1,592,925 82
00
00
00
00
06
04
00
00
00
72
$1,592,925 82
Loans on Bank Stock, amount on each : —
On 70 shares Commonwealth National Bank, Boston,
On 20 shares Railroad National Bank, Lowell,
On 20 shares Metropolitan National Bank, Boston,
On 7 shares Howard National Bank, Boston,
$7,000 00
I
4,000 00
500 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, .
.
.
.
Amount of income received from the same, .
Amount of municipal tax on real estate,
$92,175
80,000
154,912
104,700
5,989
1,780
06
00
04'
00
12
90
Cash on Deposit in Bank : —
Railroad National Bank, Lowell, .
.
.
.
.
.
.
.
$39,859 00
Whole amount of interest or profits r e c e i v e d , .............................................$72,807 61
Rate and amount of each semi-annual dividend for previous ) 2 per cent., ( 27,815 42
year................................................................................................ J 2 per cent., i
28,573 05
Times for the dividends fixed by the by-laws : first Saturday in June and
December.
The total amount of loans, with each specified rate of interest: $201,000, 4
per cent.; $50,000, 4J per cent.; $35,000, 4*| per cent.; $349,295, 5 per
cent.; $14,300, 5J per cent.; $311,964, 6 per cent.; $19,500, 6 £ per cent.;
$25,600, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,............................................ ............................................
, 244
Aggregate amount of the same,
.
.
.
.
271,759 00
Amount of investments from which no income is received, .
7,000 00
Number of open a c c o u n t s ,..............................................................
4,214
Number and amount of deposits (including dividends), received foi• previous }Tear..............................................................................................
2,998
332,425 08
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
214
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.......................................................................... 256
Number and amount of w ithdraw als,..........................................
2,760
Number of accounts opened the previous year, .
.
.
.
. 756
Number of accounts closed the previous y e a r , ................................ 663
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s bond....................................................................................
Date of examination by commissioner : July 29.
$ 140,992 52
282,992 29
5,275 53
25,000 00
P u b lic F u n d s .
Par Value.
United States 3s,
.
.
.
City and town bonds : —
Town of Woburn, . . .
City of Lowell,
. . .
.
.
Estimated
Market Value.
Amount Investi d.
$17,000
$17,170 00
$17,000 00
20,000
50,000
22,400 00
56,000 00
20,000 00
50,000 00
$87,000
$95,570 00
$87,000 00
$660 00
644 00
1,600 00
990 00
1,280 00
1,495 00
2,055 00
3,020 00
2,360 00
3,000 00
3,885 00
4,485 00
4,200 00
5,332 00
9,360 00
6,400 00
5,050 00
5,085 00
7.371 00
18,880 00
10,707 00
10,395 00
13,038 00
33,720 00
6,900 00
2,940 00
27,960 00
3,300 00
7,480 00
$500 00
700 00
800 00
900 00
1,000 00
1,300 00
1,500 00
2,000 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
5,00b 00
4,500 00
6.300 00
16,000 00
8,300 oo
9,900 00
10,600 00
28,100 00
6,000 00
2,800 00
23,300 00
2,250 00
6,800 00
$172,950 $203,592 00
$172,950 00
B a n k St o c k .
New England Nat’l Bank, Boston, .
Ti'aders’ Nat’l Bank, Boston, .
First Nat'l Bank, Boston, ,
City Nat’l Bank, Boston, .
Mount Vernon Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Merchants’ Nat'l Bank, Boston,
Second Nat’l Bank, Boston,
Hide and Leather N’l Bank, Boston,
Eliot Nat’l Bank, Boston,.
Nat’l B’k of North America, 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, .
Nat’l Bank of Commerce, Boston,
Boston Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Nat’l Bank of Republic, Boston,
Blackstone Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston, .
Metropolitan Nat’l Bank, Boston, .
Collateral Loan Co., Boston, .
Railroad Nat’l Bank, Lowell,
Bay State Nat’l Bank, Lawrence, .
First Nat’l Bank, Malden,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$500
700
800
900
1,000
1,300
1,500
2,000
2,000
2,500
3,700
3,900
4,000
4,300
9,000
5,000
5,000
4,500
6,300
16,000
8,300
9,900
10,600
28,100
6,000
2,800
23,300
2,250
6,800
1885.]
P U B L IC D O C U M E N T — N o. 8.
215
R a il r o a d B o n d s .
Par Value.
Boston & Maine Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
130,000
Estimated
Market Value.
$36,600 00
Amount Invested.
$30,000 00
216
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
MEDFORD SAYINGS BANK — MEDFORD.
Incorporated 1869.
Number of corporators, 60.
H e n r y H a s t in g s , President.
D a n ie l W . L a w r e n c e , Treasurer.
St a t e m e n t .
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$483,701 79
17,187 29
8,400 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$45,480 50
1 ,000 00
25,710
14,348
208,975
126,340
00
53
00
00
41,000 00
45,733 60
701 45
$509,289 08
$509,289 08
Loan on Public Funds: —
On $1,000 United States 4 s , ................................................................................$1,000 00
Amount of real estate held by fore clo su re ,............................................
Assessed value of the s a m e ,............................................... ..............
Amount of income received from the same,.
.
.
.
.
.
.
Amount of municipal tax on real e s t a t e , ..................................
.
299
$14,348 53
15,900 00
670 00
18
Cash on Deposit in Bank : —
National Exchange Bank, Boston,....................................................................... $45,733 &
Whole amount of interest or profits received or earned,
.
.
.
$25,190 19
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
8,451 61
y e a r , ................................................................................¡ 2
per cent., 1
8,906 80
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: $20,000, 3f
per cent.; $6,000, 4 per cent.; $29,500, 4£ per cent.; $58,140, 5 per cent.;
$6,000, 5| per cent.; $25,000, 5J per cent.; $219,650, 6 per cent.; $23,950,
6 J per cent.; $27,875, 7 per cent.; $300, 7^ per cent.; $700, 7£ per cent.;
$ 2 ,2 0 0 , 8 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,................................................................................................. . 132
Aggregate amount of the same,
.....................................................
149,965 00
Number of open a c c o u n t s ,..............................................................
1,803
Number and amount of deposits (including dividends), received for1 previous y e a r , ........................................................................................
1,831
122,388 41
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year...........................................................................
. 73
40,667 00
Number and amount of w ith draw als,............................................
1,018
92,001 66
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
217
Number of accounts opened the previous y e a r , ....................................262
Number of accounts closed the previous y e a r , ....................................1%5
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,..................................................... ........
Date of examination by commissioner : April 12.
$1,310 01
20,000 00
P u b l ic F u n d s .
Par Value.
Estimated
Amount Invested.
Market Value.
District of Columbia 6s, .
City of Lynn 5s,
. . .
Town of Melrose 7s,
of Medford 6s,'
$20,000
5,000
5,000
12,000
$22,540
5,650
6,000
13,920
$42,000
$48,110 00
00
00
00
00
$22,472
5,000
5,000
13,008
50
00
00
00
$45,480 50
B a n k St o c k .
Commerce Nat’l Bank, Boston,
Ilamilton Nat’l Bank, Boston,.
Blackstone Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Republie Nat’l Bank, Boston, .
Coïnmonwealth Nat’l Bank, Boston,
Monument Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
Ilide and Leather Nat’l B’k, Boston,
Webster Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston,
North Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,200
1,500
3,300
400
1,000
1,500
2,000
2,500
1,000
2,000
1,000
2,500
2,000
$21,900
$1,320
1,800
3,399
475
1,050
1,920
2,260
5,000
930
2,320
1,010
2,800
2,400
00
00
00
00
00
00
00
00
00
00
00
00
00
$26,684 00
$1,200
1,800
3,500
440
1,120
1,725
2/140
4,265
1,000
2,200
1,030
2,800
2,490
00
00
00
00
00
00
00
00
00
00
00
00
00
$25,710 00
218
BANK
C O M M IS S IO N E R S ’ R E P O R T
[Jan.
M E D W A Y SAYINGS B A N K -M E D W A Y .
Incorporated 1871.
Number of corporators, 52.
0 . A. M ason , Treasurer.
M. M . F is h e r , President.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$183,345 18
2,108 98
6,733 69
s s e t s
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Assessment on bank stock,
Cash on hand, .
.
.
.
$34,113 75
2 00 0 0
7,155 00
10,123 6 6
94,116 33
27,781 23
9.500
1,352
529
6.500
816
$192,187 85
00
10
74
00
04
$192,187 85
Loans on Bank Stock: —
On 10 shares Appleton National Bank, Lowell,
.
.
.
.
.
.
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 e s t a t e , ................................... ........
$200 00
.
.
$10,123 6 6
9,550 00
315 73
161 02
Cash on Deposit in Banks, amount in each: —
Howard National Bank, Boston,
Central National Bank, Boston,
.
.
.
.
.
,
.
.
.......................................................................
Whole amount of interest or profits received or earned,
.
.
.
Rate and amount of each semi-annual dividend forprevious 1 2 per
y e a r , ............................................................................... j
2 per
Times for the dividends fixed by the by-laws: June and December.
Average annual per cent, of dividends for the term ending at time of,
including, last extra dividend : 41.
465 42
.
$9,676 90
cent., f
3,439 33
cent., 1
3,525 18
and
The total amount of loans, with each specified rate of interest: $9,500,
per cent.; $9,000, 5 per cent.; $113,097, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ................................................................................................................. 7
Aggregate amount of the same,
.
.
.
. .
.
.
.
.
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,..................................................... ........
. 786
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 600
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 62
Number and amount of withdrawals, .
.
.
.
.
.
.
744
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 8 8 6 68
34,500 00
12,167 50
82,798
86*
42,509 6 8
75,581 37
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
220
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
MELROSE SAYINGS BANK — MELROSE.
Incorporated 1872.
Number of corporators, 22.
E. H. Goss, Treasurer.
D a n i e l R u s s e l l , President.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$177,252 89
4,584 71
1,881 16
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Loans on railroad stock, .
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Expense account,
Cash on hand..............................
$183,718 76
$35,510 00
7,767 00
1 ,2 0 0 0 0
250
117,455
2,800
18,232
229
274
00
00
00
11
85
80
$183,718 76
Loans on Bank Stock : —
On 10 shares First National Bank, Cambridge,
* $ 1,20 0 00
Loans on Railroad Stock: —
On 3 shares Boston & Albany Railroad,
+$250 0O
Cash on Deposit in Bank : —
Everett National Bank, Boston,
$18,232 11
Whole amount of interest or profits received or earned,
.
.
.
$8,056,06
Rate and amount of each semi-annual dividend for pre-1 2 per cent., f
2,684 87
vious year, .
.
. ♦ ............................................ ) 2 per cent., 1
2,960 39
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: $14,000, 5
per cent ; $2,500, 5£ per cent.; $99,405, 6 per cent.; $1,750, 6 | per cent.;
$4,050, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,...................................................................................................... 97
Aggregate amount of the s a m e , .......................................................................91 105 oo
Number of open a c c o u n t s ,.............................................................. 1,124
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..................................................... :
1,647
81,874 78
Number and amount of deposits of and exceeding $300 at anyone time,
for the previous y e a r ,...................................................................................... 5 5
3 0 ,9 7 3 17
Number and amount of w ith d raw als,...................................................... 470
55,960 53
Number of accounts opened the previous y e a r , ....................................... 287
Number of accounts closed the previous year...............................................131
Amount of expenses of the corporation during previous year,
.
.
.
921 23
Amount of treasurer’s Txmd, .
....................................................................... 5 OOO 00
Date of examination by commissioner : November 15.
* This bank has been notified that these loans exceed the legal limit,
f This bank has been notified that this loan is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
P U B L IC D O C U M E N T — No.
221
8
P u b lic F u n d s .
Par Value.
City and town bonds: —
City of Dovei% N H., 6s, .
of Portsmouth, N. H., 6s,
of Portland, Me., 6s,
of Brockton 5s,
. . .
of Boston 4s, .
. . .
of Columbus, 0., 4s,
Town of Clinton 4s,
13,000
1,000
5,000
8,000
7,000
5,000
6,000
Estimated
Market Value.
$3,420
1,140
5,625
8,920
7,140
5,150
6,125
00
00
00
00
00
00
00
Amount Invested.
$3,090
1,000
5,100
8,320
7,000
5,000
6,000
00
00
00
00
00
00
00
$37,520 00
$35,510 00
$2,700
4,500
$2,767 00
4,725 00
$2,929 50
4,837 50
$7,200
$7,492 00
$7,767 00
$35,000
B a n k St o c k .
Everett Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
222
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
M ERRIMAC SAYINGS BANK — MERRIMAC.
Incorporated 1871.
W
il l ia m
Number of corporators, 36.
H. H a s k e l l , President.
D a n ie l J. P o o l e , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$314,969 47
700 17
7,511 97
s s e t s
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s , ...................................
Deposit in bank on interest,
Deposit in bank, not on inter
est, ............................................
$323,181 61
$ 6 ,0 0 0
00
1 ,0 0 0 0 0
10.400 00
143,785 00
*121,220 43
1 0 .0 0 0 CO
29.000 00
1,776 18
$323,181 61
Loans on Bank Stock: —
On 10 shares First National Bank, M e r r i m a c ,.............................................$1,000 00
Cash on Deposit in Bank: —
First National Bank, M e r r im a c ,.......................................................................$30,776 18
Whole amount of interest or profits received or earned,
.
.
.
.
$16,327 40
Rate and amount of each semi-annual dividend for previous j 2 per cent., f
5,735 72
y e a r , ................................................................................ i 2£ per cent., 1
7,392 84
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: 5J.
The total amount of loans, with each specified rate of interest: $25,000, 4J
per cent.; $83,495.43, 5 per cent.; $26,800, 5J per cent.; $126,510, 6 per
cent.; $5,200, 6 ^ per cent.; $9,000, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each ,.............................................................................................. 126
Aggregate amount of the s a m e , ............................................
120,232 43
Number of open a c c o u n t s ,....................................................................... 948
Number and amount of deposits (including dividends) received for pre
vious year, .
......................................................................................... 659
71,326 33
Number and amount of deposits of and exceeding $300 atany one time,
for the previous y e a r ,..........................................................................
34
23,175 40
Number and amount of w ith d ra w a ls,................................................ 561
45,004 78
Number of accounts opened the previous y e a r , ................................147
Number of accounts closed the previous y e a r , .................................96
Amount of expenses of the corporation during previous year, .
.
.
1,315 12
Amount of treasurer’s b o n d ,..................................................... ........
10,000 00
Date of examination by commissioner: October 6 .
This bank has been notified that these loans exceed the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
P U B L IC D O C U M E N T — N o. 8.
223
B a n k St o c k .
First National Bank, Merrimac,
Par Value.
Estimated
Market Value.
Amount Invested.
$6,000
$7,800 00
$6,000 00
$11,440 00
$10,400 00
R a il r o a d B o n d s.
West Amesbury Branch Railroad, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,400
1
224
BANK
C O M M IS S IO N E R S ’ R E P O R T .
M ERRIM ACK R IV E R SAVINGS B A N K -L O W E L L .
Incorporated Feb. 24, 1871.
[Jan.
<
Number of corporators, 39.
J o s ia h G. P e a b o d y , President.
N. G. L a m s o n , Treasurer.
Statem ent.
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
A ssets,
$459,597 91
18,559 89
3,853 01
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Cash on band, .
.
.
.
$482,010 81
$4,000
37,757
13,850
1 1 ,0 , 0
1,800
262,982
134,233
00
75
00
00
00
36
00
3,000 00
12,443 73
943 97
$482,010 81
Loans on Bank Stock :
On 143 shares Wamesit National Bank, Lowell,
.
Amount of real estate held by foreclosure, .
.
.
.
Assessed value of the s a m e , .....................................................
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate,
.
.
.
.
$13,850
00
$1,800 00
1,900 00
228 00
56 l p
Cash on Deposit in Bank: —
Wamesit National Bank, L o w e ll,............................................
$12,443 73
Whole amount of interest or profits received or earned,
$25,115 25
Rate and amount of each semi-annual dividend for previous ,1 2 per cent., |
7,805 78
y e a r ,.................................................................................................. 1 2 per cent., Ì.
8,356 31
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: $46,050, 4£
percent.; $56,233, 5 per cent.; $75,150, 5£ per cent.; $215,911.22,6 per
per cent.; $17,721.14, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..........................................................................................................84
Aggregate amount of the s a m e , .......................................................................
111,676 25
Number of open a c c o u n t s ,..............................................................1,086
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..............................................................
. 786
123,040 59
Number and amount of deposits of and exceeding
at any one time,
for the previous y e a r ,............................................
. 686
38,758 00
Number and amount of withdrawals, .
. 629
75,663 69
Number of accounts opened the previous year,
. 216
Number of accounts closed the previous year,
. 155
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
226
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
MIDDLEBOROUGII SAVINGS BANK — MIDDLEBOROUGH.
Incorporated March 15, 1873.
E verett R
o b in s o n ,
Number of corporator's, 36.
C o r n e l iu s B. W
President.
ood,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Interest paid in ad
vance,
.
A
$487,014 17
10,911 26
7,032 00
3,462 18
s s e t s
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$508,419 61
Amount of real estate held by foreclosure,
$13,140 00
6,280 00
200 00
303,189 22
120,884 51
15,991
47,132
1
1,600
11
24
95
58
$508,419 61
$200 00
Cash on Deposit in Banks, amount in each : —
Brockton National Bank, Brockton,
Home National Bank, Brockton,
Plymouth National Bank, Plymouth, .
Commonwealth National Bank, Boston,
Maverick National Bank, Boston,
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous j2| per cent.,
y e a r , ............................................................................... J 2 ^ per cent.,
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: $10,000, 3£
per cent.; $30,000, 4 per cent.; $53,200, 5 per cent.; $5,000, 5£ per cent;
$376,764.84, 6 per cent.; $5,100, 6 ^ per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h , ..............................................................
. 426
Aggregate amount of the s a m e , ....................................
Amount of investments from which no income is received,
Number of open a c c o u n t s , ............................................
1,754
previous y e a r , ..............................................................
1,017
Number and amount of deposits of and exceeding
time,
for the previous y e a r ,..............................................................
71
Number and amount of withdrawals, .
.
857
Number of accounts opened the previous year,
238
Number of accounts closed the previous year,
184
Amount of expenses of the corporation during previous year,
•
Amount of treasurer’s b o n d ,.....................................................
Date of examination by commissioner : August 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 20,000 00
10,000
10,000
1,687
5,444
00
00
48
76
$26,657 89
10,057 57
10,484 30
307,864 84
2 00 00
106,683 09
41,122 62
84,329 37
958 64
1 0 ,0 0 0 00
1885.]
227
P U B L IC D O C U M E N T — N o . 8
B a n k St o c k .
Par Value.
Commerce Nat’l Bank, New Bed
ford,
........................................
Webster Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Suffolk Nat’l Bank, Boston,
$3,000
5,000
2,200
2,100
$12,300
Estimated
Market Value.
$3,540
5,050
2,288
2,415
00
00
00
CO
Amount Invested.
$3,540
4,961
2,329
2,310
00
00
00
00
$13,293 00
$13,140 00
$7,200 00
$6,280 00
R a il r o a d B o n d s ,
Old Colony Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 6,000
228
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
M ID DLESEX INSTITUTION FOR SAYINGS — CONCORD.
Incorporated 1835.
Number of corporators, 22.
G e o r g e M. B r o o k s , President.
G e o r g e H e y w o o d , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
$1,032,055 60
38,968 21
15,000 00
A
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns, .
.
.
.
.
Deposit in bank, not on inter
est,
...................................
Expense account,
$1,086,023 81
$5,000
280,800
142,000
21,800
323,418
246,100
00
00
00
00
80
00
47,000 00
19,103 86
801 15
$1,086,023 81
Amount of real estate held by foreclosure,........................................................... $21,800
18,333
Assessed value of the s a m e ,...............................................................................
Amount of income received from the same, .....................................................
300
Amount of municipal tax on real estate,
.
.
.
.
.
„
273
00
00
00
05
Cash on Deposit in Bank : —
Concord National B a n k , .............................................................. ‘
.
$19,103 86
Whole amount of interest or profits received or earned,
.
.
.
.
$59,168 74
R ite and amount of each semi-annual dividend for previous j 2 per cent., f
19,345 96
y e a r , ................................................................................J
2J per cent., 1
24,24313
Times for the dividends fixed by the by-laws : June and December.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 4 40-100.
The total amount of loans, with each specified rate of interest: $50,000, 4
per cent.; $76,000, 4£ per cent ; $50,000, 4f per cent.; $63,068.80 5 per
cent.; $304,750, 6 percent.; $53,100, 6£ per cent.; $16,100, 7 per cent.;
$3,500, 7£ per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,................................................................................................. 135
Aggregate amount of the s a m e , .............................................................. .......
182,650 00
Amount of investments from which no income is received, .
.
.
.
17,500 00
Number of open a c c o u n t s , .......................................................................3,125
Number and amount of deposits (including dividends), received for pre
vious year..............................................................................................
1,528
181,185 46
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 119
65,997 60
Number and amount of w ith draw als,.............................................
1,455
162,311 39
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
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 b o n d ,.....................................................
Date of examination by commissioner: June 16.
220
. 351
. 294
$2,962 29
10,000 00
P u b lic F u n d s .
Par Value.
State of Rhode Island bonds, .
$5,000
Estimated
Market Value.
Amount Invested.
$5,600 00
$5,000 00
B a n k St o c k .
Framingham Nat’l Bank, Framing
ham,
........................................
Old Lowell Nat’l Bank, Lowell,
Concord Nat’l Bank, Concord,
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Central Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
Columbian Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Faneuil Hall Nat’l Bank, Boston, .
First Nat’l Bank, Boston.
Hamilton Nat’l Bank, Boston,.
Hide and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, Boston, .
Lincoln Nat’l Bank, Boston, .
Market Nat’l Bank, Boston,
Merchants’ Nat’l Bank, 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,.
Shoe & Leather Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Third Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Traders’ Nat’l Bank, Boston, .
First Nat’l Bank, Marlborough,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$500
900
1 0 ,0 0 0
1 0 ,6 0 0
1 3 ,3 0 0
5 ,0 0 0
1 0 ,0 0 0
6 ,7 0 0
1 1 ,3 0 0
2 ,7 0 0
1 5 ,0 0 0
1 6 ,7 0 0
1 0 ,0 0 0
2 ,8 0 0
2 ,1 0 0
7 ,2 0 0
2 0 ,0 0 0
5 ,0 0 0
5 ,6 0 0
1 5 ,0 0 0
1 0 ,0 0 0
600
2 2 ,5 0 0
4 ,5 0 0
1 0 ,0 0 0
1 0 ,0 0 0
1 3 ,8 0 0
1 ,0 0 0
1 5 .0 0 0
1 0 ,0 0 0
5 ,0 0 0
3 ,0 0 0
$ 2 7 5 ,8 0 0
$675
1,125
1 2 ,5 0 0
1 0 ,9 1 8
1 4 ,8 9 6
3 ,0 0 0
1 1 ,0 0 0
8 ,3 0 8
1 2 ,5 4 3
2 ,7 81
1 5 ,9 0 0
2 0 ,5 4 1
1 3 ,0 0 0
5 ,6 0 0
2 ,5 2 0
8 ,3 5 2
2 2 ,7 0 0
5 ,0 0 0
5 ,1 5 2
1 9 ,9 5 0
1 0 ,3 0 0
720
2 6 ,7 7 5
6 ,7 0 5
1 1 ,5 0 0
9 ,5 0 0
1 6 ,1 4 6
850
1 5 ,1 5 0
1 0 ,4 0 0
4 ,6 5 0
3 ,0 0 0
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$ 3 1 2 ,1 5 7 0 0
$500
900
1 0 ,0 0 0
1 0 ,6 0 0
1 3 ,3 0 0
1 0 ,0 0 0
1 0 ,0 0 0
6 ,7 0 0
1 1 ,3 0 0
2 ,7 0 0
1 5 ,0 0 0
1 6 ,7 0 0
1 0 ,0 0 0
2 ,8 0 0
2 ,1 0 0
7 ,2 0 0
2 0 ,0 0 0
5 ,0 0 0
5 ,6 0 0
1 5 ,0 0 0
1 0 ,0 0 0
600
2 2 ,5 0 0
4 ,5 0 0
1 0 ,0 0 0
1 0 ,0 0 0
1 3 ,8 0 0
1 ,0 0 0
1 5 ,0 0 0
1 0 ,0 0 0
5 ,0 0 0
3 ,0 0 0
00
0(1
00
00
00
ou
on
00
0 )
00
OU
00
00
00
ou
on
00
ou
00
00
00
ou
00
00
ou
00
ou
00
00
00
00
00
$ 2 8 0 ,8 0 0 0 0
230
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
R a il r o a d B o n d s .
Par Value.
Boston & Albany Railroad 7s,.
Eastern Railroad 6s,
. . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amountlnvested.
$100,000 $120,000 00
42,000
47,040 00
$100,000 00
42,000 00
$142,000 $167,040 00
$142,000 00
1885 ]
231
P U B L IC D O C U M E N T — N o . 8.
MILFORD SAYINGS BANK — MILFORD.
Incorporated April 24, 1851.
Number of corporators, 41.
J oh n P. D a n ie l s , President.
J a m e s E. W
alker,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
.
Earnings undivided, .
Guaranty fund, .
.
A
$955,672 08
12,129 63
15,523 94
s s e t s
.
Public funds................................
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate...................................
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Loan on bank book,
Deposit in banks, on interest, .
Deposit in banks, not on intere st,............................................
$983,325 65
$117,810
450
173,878
8.080
11,440
26,000
272,589
294,640
00
00
99
00
00
00
30
98
50,000 00
175 00
18,228 24
10,033 14
$983,325 65
Loan on Public Funds : —
On $800 United States b o n d s , .......................................................................$450 00
Loans on Bank Stock, amount on each : —
On 130 shares Milford National B a n k ,.............................................................. $7,580 00
On 5 shares Home National Bank, M ilford,.....................................................
500 00
Invested in real estate (for banking p u r p o s e s ) ,............................................ $26,000 00
Estimated value of the sam e,...............................................................................
26,000 00
Amount of municipal tax on real e s t a t e , .....................................................
381 23
Cash on Deposit in Banks, amount in each : —
Milford National B a n k ,.........................................................................................$27,233 14
Manufacturers’ National Bank, B o s t o n , .....................................................
1,028 24
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., j
year,
........................................................................................ J 2 per cent., (
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 -^ . (Last extra dividend in 1872.)
The total amount of loans, with each specified rate of interest: $5,350, 4
per cent.; $40,000, 4^ per cent.; $247,400, 5 per cent.; $24,475.86, 5^ per
cent.; $45,700, 5J percent.; $175,205.25,6 percent.; $27,413.04, 6^ per
cent.; $35,296.72, 7 per cent.; $300, 7T8„ per cent.; $13,715.41, 7i per
cent.; $11,079, 8 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$47,741 08
17,275 63
17,859 54
232
B A N K C O M M IS S IO N E R S ’ R E P O R T
[ J an
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................256
Aggregate amount of the s a m e , .......................................................................$233,386 55
Amount of investments from which no income is received, .
.
.
.
27,000 00
Number of open accounts...............................................................................3,279
Number and amount of deposits (including dividends) received for pre
vious y e a r , .....................................................
2,520
232,754 86
Number and amount of deposits of and exceeding $300at any onetime,
for the previous year, ................................................................................ 164
83,959 16
Number and amount of w ithdraw als,..........................................
2,302
187,516 49
Number of accounts opened the previous y e a r , ....................................... 515
Number of accounts closed the previous year,
.
.
.
.
. 360
Amount of expenses of the corporation during previousyear,
.
.
.
2,192 31
Amount of treasurer’s bond....................................................................................
10,000 00
Date of examination by commissioner : August 19.
P u b lic F u n d s .
Estimated
Market Value.
Amount Invested.
$16,500
42,000
$20,150 62
47,880 00
$16,500 00
43,310 00
2,000
20,000
36,000
2,600 00
22,900 00
40,140 00
2,000 00
20,000 00
36,000 00
$116,500 $133,670 62
$117,810 00
Par Vaine.
United States 4s,
United States 4-^s,
.
.
.
.
City and town bonds: —
City of Portland 6s,.
Town of Milford 6s,
. .
of Milford 5s,
.
B a n k St o c k .
Milford Nat’l Bank, Milford, .
Home Nat’l Bank, Milford,
Home Nat’l Bank, Brockton, .
Hopkinton Nat’l Bank, Hopkinton,
Revere Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
Hide and Leather Nat’l B’k, Boston,
Eliot Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Central Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Union Nat’l Bank. Boston,
Continental Nat’l Bank, Boston,
Redemption Nat’l Bank, Boston,
Shoe and Leather N’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
Exchange Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,300
7,000
10,000
2,700
3,000
2,300
4,200
700
10,000
4,800
10,000
15,000
4,000
4,700
2,500
11,000
200
700
7,800
2,500
1,000
$34,155
8,400
11,500
3,240
3,450
2,357
4,725
700
11,550
5,516
11,500
10,087
4,000
6,580
2,637
12,870
190
787
9,438
2,875
1,480
00
00
00
00
00
50
00
00
00
00
00
50
00
00
50
00
00
50
00
00
00
$27,000
7,000
10,000
2,700
3,000
2,300
4,496
700
10,659
5,682
12,057
27,000
5,360
7,496
2,955
15,655
274
1,070
10,766
3,581
1,530
00
00
00
00
00
00
00
00
50
99
50
(0
00
50
25
00
50
12
63
25
00
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
233
Ba n k St o c k — Concluded.
Par Value.
Atlas Nat’l Bank, Boston,
Washington Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Estimated
Market Value.
Amount Investi d.
$6,025 00
5,100 00
512 50
$6,500 00
5,505 00
588 75
$138,900 $159,676 50
$173,878 99
$5,000
4,000
500
R a il r o a d B o n d s .
Boston & Albany Railroad 7s,
Boston & Albany Railroad 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,000
7,000
$3,600 00
8,120 00
$3,600 00
7,840 00
$10,000
$11,720 00
$11,440 00
/
234
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
M ILLBURY SAYINGS BANK — M ILLBURY.
Incorporated 1854.
W
il l ia m
Number of corporators, 45.
R . H i l l , President.
D a v id A t w o o d , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Suspense account,
.
A
$630,562
14,134
10,450
275
10
06
00
00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Expense account,
Safe and furniture, .
Premiums,
.
.
.
.
Insurance,
.
.
.
.
Cash on hand, .
.
.
.
$655,421 16
■
$73,000
134,700
9,400
30,000
18,000
4,899
213,065
27,025
00
00
00
00
00
77
00
00
94,400
35,377
475
800
13,500
19
759
00
06
50
00
00
60
23
$655,421 16
Loans on Bank Stock : —
On 102 shares Millbury National B a n k , .....................................................
Invested in real estate (for banking purposes).
.
.
.
.
.
.
Estimated value of the s a m e , ............................................ ........
Amount of real estate held by foreclosure,...................................
Assessed value of the s a m e , ...............................................................................
Amount of income received from the s a m e ,.....................................................
Amount of municipal tax on real e s t a t e , .....................................................
$9,400 00
$18,000
18,000
4,899
5,200
237
265
00
00
77
00
50
68
Cash on Deposit in Bank: —
Millbury National B a n k , ..................................................... ........
$35,377 06
Whole amount of interest or profits received or earned,
.
.
.
.
$32,265 02
Rate and amount of each semi-annual dividend for previous ) 2 per cent., j
11,683 79
y e a r , ............................................................................... / 2 per cent., (
12,020 43
Times for the dividends fixed by the by-laws : January and July.
The total amount of loans, with each specified rate of interest: $32,000,
4 per cent.; $9,900, 4| per cent.; $17,900, 4^ per cent.; $51,000,5 per
cent.; $233,090, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each........................................................................................................ 143
Aggregate amount of the same,
.............................................................. ........
121,465 00
Number of open a c c o u n t s ,....................................................................... 1,565
Number and amount of deposits (including dividends), received for previ
ous y e a r , ..................................................................................................1,175
106,409 36
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,..................................................................................... 58
33,333 01
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 885.]
235
P U B L IC D O C U M E N T — N o. 8
885
198
155
Number and amount of w ith d raw als,...................................
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 b o n d ,.....................................................
Date of examination by commissioner : April 14.
$74,839 08
1,410 59
20,000 00
P u b l ic F u n d s .
Par Value.
United States 4^s,
.
.
.
.
City and town bonds : —
City of Portland, Me., 6s,
of Bath, Me., 6s,
of Lawrence 6s,
of Columbus, Ohio, 4s, .
of South Norwalk, Conn., 6s, .
Town of Westborough 5s,
of Hopkinton 4s, .
of Clinton 4s,
. . .
of Spencer 4s,
$10,000
6,000
6,000
3,000
10,000
10,000
3,000
6,000
4,000
15,000
$73,000
Estimated
Market Value.
Amount Invested.
$11,300 00
$10,000 00
7,200
6,600
3,600
10,150
11,500
3,450
6,180
4,120
15,300
00
00
00
00
00
00
00
00
00
$79,400 00
6,000
6,000
3,000
10,000
10,000
3,000
6,000
4,000
15,000
00
00
00
00
00
00
00
00
00
$73,000 00
B a n k St o c k .
Atlas Nat’l Bank, Boston,
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,
Merchandise Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Nat’l Bank of Commerce, 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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
6,300
4,900
2,000
10,000
5,000
4,200
2,500
2,500
2,500
2,300
1,500
5,700
10,000
1,200
5,000
4,000
300
3,500
2,500
7,400
5,000
2,000
2,000
5,800
$5,875
6,489
5,512
2,120
12,150
5,725
4,158
3,000
2,425
2,375
3,070
1,545
6,327
11,525
1,272
5,825
4,800
360
5,215
2,868
7,030
5,850
2,250
1,920
5,394
00
00
50
00
00
00
00
00
00
00
50
00
00
00
00
00
00
00
00
75
00
00
00
00
00
$5,000
6,300
4,900
2,000
10,000
5,000
4,200
2,500
2,500
2,500
2,300
1,500
5,700
10,000
1,200
5,000
4,000
300
3,500
2,500
7,400
5,000
2,000
2,000
5,800
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
236
B A N K C O M M IS S IO N E R S ’ R E P O R T .
B a n k Stock
— Concluded.
Par Value.
Central Nat’l Bank, Worcester,
Citizens’ Nat’l Bank, Worcester,
City Nat’l Bank, Worcester, .
Quinsigamond Nat’l B’k, Worcester,
Worcester Nat’l Bank, Worcester, .
First Nat’l Bank, Grafton,
Oxford Nat’l Bank, Oxford,
Millbury Nat’l Bank, Millbury,
[Jan
$3,600
600
2,700
2,000
900
4,000
600
16,800
Estimated
Market Value.
$4,860
600
3,240
2,750
1,170
5,200
780
21,840
00
00
00
00
00
00
00
00
$134,700 $155,521 75
Amount Invested.
$3,600
500
2,700
2,500
900
4,000
600
16,800
00
00
00
00
00
00
00
00
$134,700 00
R a il r o a d B o n d s .
Providence & Worcester R.R. 6s, .
Vermont & Massachusetts R.R 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,000
10,000
$23,600 00
11,100 00
$20,000 00
10,000 00
$30,000
$34,700 00
$30,000 00
237
P U B L IC D O C U M E N T — N o. 8.
1885.]
M INERS’ SAYINGS BANK — W EST STOCKBRIDGE.
Incorporated Feb. 28, 1872.
G e o rg e W . K n i f f i n , President.
Number of corporators, 36.
W
il l ia m
C. S p a u l d in g , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Temporary loan,
A
.
$68,819
1,881
1,050
23
79
57
00
64
s s e t s
.
$20,269
7,425
4,430
37,550
2,100
Public funds, .
Bank stock...................................
Railroad bonds,
Loans on real estate,
Loans on personal security,
50
50
00
00
00
$71,775 00
$71,775 00
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 12 per cent., f
y e a r , ............................................................................... 12 per cent., 1
Times for the dividends fixed by the by-laws: first Wednesday in January
and July.
The total amount of loans, with each specified rate of interest: $15,500, 5
per cent ; $24,150, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,................................................................................................
14
Aggregate amount of the same,
.......................................................................
Number of open a c c o u n t s ,.......................................................................276
Number and amount of deposits (including dividends), received for pre
vious year, ................................................................................................. 162
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................
8
Number and amount of withdrawals........................................
188
Number of accounts opened the previous y e a r , ................................... 35
Number of accounts closed the previous y e a r , ....................................42
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: July 22.
$3,500 00
1,293 37
1,290 62
2,850 00
16,482 16
4,950 00
15,937 04
476 42
5,000 00
P u b lic F u n d s .
Estimated
Market Value.
Amount Invested.
$12,200
$13,294 50
$13,294 50
6,000
6,975 00
6,975 00
$18,200
$20,269 50
$20,269 50
Par Value.
United States 4s, registered,
City of Providence, R. I.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
238
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Bank
St o c k .
Par Value.
Housatonic N’l Bank, Stockbridge,
Pittsfield Nat’l Bank, Pittsfield,
Nat’l Mahaiwe B’k, Gt. Barrington,
Berkshire Nat’l Bank, No. Adams, .
[Jan.
Estimated
Market Value.
00
00
50
00
Amount Invested.
$1,400
1,300
1,000
1,500
$2,100
2,028
1,457
1,840
$2,100
2,028
1,457
1,840
00
00
50
00
$5,200
$7,425 50
$7,425 50
$4,430 00
$4,430 00
R a il k o a d B o n d s .
Vermont & Massachusetts R. R.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,000
1 885.]
P U B L IC
D O C U M E N T — N o. 8.
239
MONSON SAYINGS BANK — MONSON.
Incorporated 1872.
Number of corporators, 20.
R . S. M u n n , President.
E . F . M o r r i s , Treasurer.
Sta te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$490,463 58
9,392 93
5,200 00
s s e t s
.
Public funds, .
.
.
.
Loan on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$505,056 51
$33,500
2,000
45,245
8,100
4,144
10,604
306,730
27,820
00
00
25
00
65
47
00
00
11,000 00
50,000 00
5,912 14
$505,056 51
Loan on Public Funds : —
On $2,000 United States 4 s , ...............................................................................
$2,000 00
Loans on Bank Stock, amount on each: —
On 126 shares Monson National Bank, .
.
.
.
.
On 10 shares Third National Bank, Springfield,............................................
Amount of real estate held by foreclo su re,.....................................................
Assessed value of the s a m e , ............................................
Amount of income received from the s a m e ,.....................................................
Amount of municipal tax on real e s t a t e , .....................................................
$7,100 00
1,000 00
$10,604
10,150
540
192
47
00
00
30
$10,000
10,000
15.000
15.000
00
00
00
00
Cash on Deposit in Banks, amount in each: —
Palmer National Bank, P a l m e r ,.......................................................................
City National Bank, S prin gfield,.......................................................................
Agawam National Bank, S prin gfield,..............................................................
Third National Bank, Springfield,.......................................................................
Whole amount of interest or profits received or earned....................................
$26,905 85
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
9,684 95
y e a r , ........................................................................................ 1 2 per cent., 1
9,666 56
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: $50,000, 4
per cent.; $11,000, 4£ per cent.; $175,250, 5 per cent.; $28,500, 5£ per
cent.; $137,900, 6 per cent.; $3,000, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each................................................................................................................. 148
Aggregate amount of the s a m e , .......................................................................
188,070 00
1,350 00
Amount of investments from which no income is received..............................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
240
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Number of open accounts......................................................................1,292
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
3,363
Number and amount of deposits of and exceeding $300 at any one time,
. 23
for the previous y e a r ,......................................................................
. 671
Number and amount of w ith draw als,............................................
. 182
Number of accounts opened the previous year,
.
. 176
Number of accounts closed the previous year,
.
Amount of expenses of the corporation during previous year,
.
Amount of treasurer’s b o n d ,..............................................................
Date of examination by commissioner : July 10.
$93,280 49
14,408 46
102,603 20
1,337 62
10,000 00
P u b l ic F u n d s .
Par Value.
United States 4s,
.
.
Town of Westfield 6s,
City of Worcester 5s,
Estimated
Market Value.
Amount Invested.
$10,000
$12,100 00
$10,000 00
10,000
13,000
11,000 00
15,080 00
9,550 00
13,950 00
$33,000
$38,180 00
$33,500 00
B a n k St o c k .
North Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
No. America Nat’l Bank, Boston, .
Nat’l Bank of Rédemption, Boston,.
Blackstone Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Massachusetts Nat’l Bank, Boston, .
Suffolk Nat’1 Bank, Boston,
Tremont Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Webster Nat’l B’k, Boston,
Nat’l Hide and Leather B’k, Boston,
Nat’l Bank of Commerce, 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, .
$2,000
2,000
2,000
2,500
1,500
2,500
500
4,000
1,000
3,000
500
1,000
1,000
2,500
1,100
500
2,000
300
6,500
36,400
$2,440
2,150
2,100
2,875
1,575
3,125
550
4,640
1,065
4,050
625
1,030
1,185
2,825
1,320
580
2,600
375
9,100
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$2,465
2,260
2,290
3,576
1,440
2,800
641
5,070
1,150
3,946
577
1,065
1,162
3,859
1,277
881
2,000
382
8,400
00
00
00
50
00
00
50
00
00
25
75
00
75
50
25
25
00
50
00
$44,210 00
$45,245 25
$5,500 00
$1,144 65
R a il r o a d B o n d s .
Eastern Railroad 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
1885.]
241
PUBLIC DOCUMENT — No. 8
NANTUCKET INSTITUTION FOR SAVINGS — NANTUCKET.
Incorporated 1834.
Number of corporators, 43.
S t e p h e n B a i l e y , President.
M a t t h e w B a r n e y , Treasurer.
St a te m e n t.
A ssets.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
$340,586 50
3,827 62
6,814 22
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est,
...................................
Expense account,
Cash on hand, .
$351,228 34
$41,500
1,100
8,400
5,000
3,575
14,945
199,937
45,703
24,849
00
00
00
00
00
02
50
17
92
1,334 71
689 94
4,193 08
$351,228 34
Loan on Public Funds : —
On $2,100 United States bonds,
$1,100 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, .
.
.
.
Amount of income received from the same, .
Amount of municipal tax on real estate,
$3,575
4,000
14,945
20,100
1,145
370
00
00
02
00
50
83
$11,260
1,334
7,923
5,666
02
71
61
29
Cash on Deposit in Banks, amount in each : North National Bank, Boston,
Pacific National Bank, Nantucket,
Revere National Bank, Boston,
Redemption National Bank, Boston,
Whole amount of interest or profits received or earned,
•
.
• $17,804 69
Rate and amount of each semi-annual dividend for previous ' 2 per cent., f
6,490 67
y e a r , ..............................................................
6,351 63
.
.
• J 2 per cent., \
Times for the dividends fixed by the by-laws first Monday in 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: $58,850, 5
per cent.; $34,200,
per cent.; $118,675, 6 per cent.; $18,187.50, 6£ per
cent.; $800, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a ch ,............................................ ........ ............................................90
Aggregate amount of the s a m e , ......................................................................
94,037 50
Amount of investments from which no income is received, .
.
.
16,028 17
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
242
BANK COMMISSIONERS’ REPORT.
[Jan.
Number of open a c c o u n t s ,..............................................................1,170
Number and amount of deposits (including dividends), received for pre. 645
vious y e a r , ........................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
. 40
for the previous y e a r ,.......................................................................
. 985
Number and amount of w ith d raw als,............................................
. 99
Number of accounts opened the previous year,
.
.
.
.
. 78
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 28.
P u b l ic
Par Value.
.
.
.
.
.
.
.
.
.
.
Bank
20,498 76
65,842 28
1,988 41
10,000 00
F unds.
'
Bonds: —
District of Columbia,
City of Detroit, Mich.,
of Lawrence, . .
of Haverhill, . .
of Fall River, .
.
of Milwaukee, Wis.,
Richland township, . .
Centre township,
. .
$65,054 15
Estimated
Market Value.
$10,000
2,000
1,000
4,000
6,000
10,000
8,000
500
$11,700
2,600
1,180
4,175
7,300
12,200
8,100
500
$41,500
$47,755 00
Amount Invested.
00
00
00
00
00
00
00
00
$10,000
2,000
1,000
4,000
6,000
10,000
*8,000
*500
00
00
00
00
00
00
00
00
$41,500 00
Sto ck .
1
N’l B’k of Commerce, New Bedford,
North Nat’l Bank, Boston,
Lincoln Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston,
Old Boston Nat’l Bank, .
Boylston Nat’l Bank, Boston, .
Columbian Nat’l Bank, Boston,
R a il r o a d
Old Colony Railroad,
00
00
00
00
00
00
00
$1,620
2,400
1,000
1,030
1,200
1,150
1,240
$8,400
$9,640 00
$8,400 00
$5,975 00
$5,000 00
00
00
00
00
00
00
00
B onds.
$5,000
* This bank has been notified that these investments are illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,400
2,000
1,000
1,000
1,000
1,000
1,000
$1,400
2,000
1,000
1,000
1,000
1,000
1,000
1885.]
PUBLIC DOCUMENT — No. 8
243
NATICK FIVE CENTS SAVINGS BANK — NATICK.
Incorporated April 5, 1859.
J ohn 0 . W
il s o n ,
Number of corporators, 47.
President.
Ja m e s W
h it n e y ,
Treasurer.
Statem ent.
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
A ssets.
$814,071 22
25,330 00
16,316 83
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Loans on bank books,
Deposit in banks, on interest, .
Deposit in banks, not on intere s t,............................................
Expense account,
Furniture and fixtures, .
Cash on hand..............................
$855,718 05
$68,977
3,600
119,151
30,200
38,513
2,375
359,855
64,693
22
00
87
00
17
00
86
11
56,050 00
450 00
90,000 00
14,845
781
583
5,640
93
06
99
84
$855,718 05
Loan on Public Funds : —
On $3,600 United States 4 s , ............................................................................... $3,600 00
Loans on Bank Stock, amount on each: —
On 10 shares South Framingham National Bank...................................................... $1,000
On 15 shares National Bank of Commerce, B o s t o n , ...................................
1,500
On 50 shares National Bank of the Commonwealth, Boston,
.
.
.
5,000
On 6 shares Rollstone National Bank, F i t c h b u r g , ..........................
600
On 6 shares Second National Bank, Boston,............................................
600
On 30 shares Wachusett National Bank, F itc h b u r g ,....................................
3,000
On 50 shares Merchants’ National Bank, Boston,............................................
5,000
On 135 shares Natick National B a n k , ....................................................
13,500
00
00
00
00
00
00
00
00
Amount of real estate held by foreclosure,................................................$2,375
Assessed value of the s a m e , ......................................................................
2,625
Amount of income received from the s a m e ,............................................
150
Amount of municipal tax on real e s t a t e , ............................................
37
00
00
00
26
Cash on Deposit in Banks, amount in each: —
Natick National B a n k , ..................................................................................$44,845
North National Bank, B o s t o n , .............................................................
25,000
Wachusett National Bank, F itch bu rg,....................................................
35,000
Whole amount of interest or profits received orearned,
.
.
.
.
Kate and amount of each semi-annual dividendfor previous ) 2 per cent., (
y e a r , ............................................................................... i 2
per cent., 1
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
93
00
00
$43,181 23
14,800 73
15,191 90
244
[ Jail
BANK COMMISSIONERS’ REPORT
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: 4|.
The total amount of loans, with each specified rate of interest: $25,000,
3 per cent.; $30,000, 3J per cent.; $103,050, 4 per cent.; $23,500, 4i| per
cent.; $42,050, 5 per cent.; $17,500, 5£ percent.; $13,500, 5| per cent.;
$263,360.17, 6 per cent.; $80,648.80, 6£ per cent.; $6,240, 7T35 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 233
Aggregate amount of the s a m e , .......................................................................$229,940 86
Number of open accounts,
.............................................................. 3,564
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
3,418
232,734 38
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 134
82,049 82
Number and amount of w ithdraw als,............................................
2,435
210,531 73
Number of accounts opened the previous year,
.
.
.
.
.
563
Number of accounts closed the previous y e a r , ....................................... 493
Amount of expenses of the corporation during previous year,
.
.
.
1,646 64
Amount of treasurer’s b o n d ,................................................................................
30,000 00
Date of examination by commissioner : April 30.
P u b lic F u n d s .
Estimated
Par Value.
United States 4s,
.
.
$10,000
.
City and town bonds : —
Citv of Boston water bonds, .
of Fall River water bonds,
of Cambridge sewer loan,
of Worcester sewer loan,
Town of Arlington bonds,
of Brookline water bonds, .
of North Adams water bonds,
10,000
16,000
4,000
3,000
8,000
10,000
2,000
$63,000
Bank
Atlas Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Central Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Commonwealth Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Dedham Nat’l Bank, Dedham,
Eliot Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Market Value.
$12,137 50
10,450
18,440
5,080
3,210
8,000
13,400
2,090
00
00
00
00
00
00
00
$72,807 50
Amount Invested.
$10,000 00
10,132
16,720
4,780
3,270
8,080
13,800
2,195
22
00
00
00
00
00
00
$68,977 22
Sto ck .
$2,600
11,500
700
2,700
1,300
4,600
2,100
500
3,300
1,900
$3,048
12,966
805
1,620
1,612
5,106
2,383
518
3,795
2,332
50
25
00
00
00
00
50
75
00
25
$3,180
13,886
845
2,693
1,855
5,684
2,654
581
3,926
2,300
00
25
25
00
75
50
75
25
50
00
1885.]
245
PUBLIC DOCUMENT — No. 8
Bank Stock — Concluded.
Par Value.
Everett Nat’l Bank, Boston, .
Exchange Nat’l Bank, Boston,
First Nat’l Bank, Chelsea,
Framingham N’l B’k, Framingham,
Home Nat’l Bank, Brockton, .
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,
No. 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, .
$ 7 ,0 0 0
1 ,5 0 0
3 ,2 0 0
1 ,7 0 0
5 ,5 0 0
6 ,2 0 0
8 ,2 0 0
4 ,6 0 0
600
1 ,5 0 0
1 2 ,0 0 0
2 ,0 0 0
400
5 ,1 0 0
1 ,4 0 0
3 ,0 0 0
1 ,0 0 0
700
40 0
3 ,7 0 0
Estimated
Market Value.
$ 7 ,1 7 5
1 ,7 1 0
3 ,7 7 6
2 ,2 9 5
6 ,3 2 5
7 ,0 3 7
3 ,0 4 0
6 ,1 1 8
670
3 ,0 4 5
1 6 ,2 0 0
2 ,2 4 0
480
5 ,2 5 3
1 ,5 4 3
3 ,8 4 0
1 ,4 9 0
820
370
7 ,4 0 0
00
00
00
00
00
00
00
00
50
00
00
00
00
00
50
00
00
75
00
00
Amount Invested.
$ 8 ,2 1 9
2 ,1 6 0
3 ,9 7 6
2 ,4 3 0
5 ,5 7 5
7 ,7 7 9
3 ,5 0 1
6 ,3 9 3
620
2 ,7 7 5
1 6 ,5 0 0
2 ,2 3 0
516
5 ,8 2 6
2 ,1 3 5
3 ,8 2 5
1 ,5 6 0
771
400
4 ,3 6 0
00
00
00
00
00
37
25
75
CO
00
00
00
00
50
00
00
00
75
00
00
$ 1 1 5,01 6 0 0
$ 119,151 87
$ 10 ,000
4 ,0 0 0
$ 1 0 ,9 7 5 0 0
4 ,7 2 0 00
$ 1 1 ,1 0 0 0 0
4 ,8 0 0 67
5 ,0 0 0
5 ,0 0 0
1 0 ,0 0 0
5 ,6 7 5 0 0
5 ,9 2 5 0 0
1 1 ,0 0 0 0 0
5 ,4 7 5 0 0
6 ,0 8 7 5 0
1 1 ,0 5 0 0 0
$ 3 4 ,0 0 0
$ 3 8 ,2 9 5 00
$ 3 8 ,5 1 3 17
$ 9 5 ,9 0 0
R ailroad B onds.
Fitchburg Railroad, . . . .
Old Colony Railroad,
Boston, Clinton, Fitchburg & New
Bedford Railroad,
Boston & Albany Railroad,
Vermont & Massachusetts B. R., .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
246
BANK COMMISSIONERS’ REPORT.
[Jan
N E W BEDFORD F IVE CENTS SAYINGS BANK — N E W BEDFORD.
Incorporated 1855.
Number of corporators, 117.
G e o r g e H o w l a n d , J r ., President.
B . R ic k e t s o n , J r ., Treasurer.
Statem ent.
L ia b il it ie s .
Deposits, .
,
Earnings undivided, .
Guaranty fund, .
$3,380,935 63
63,004 61
61,516 71
A ssets.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock...................................
Loans on bank stock,
Railroad bonds,
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Loans on bank books,
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$3,505,456 95
$1,143,000
5.000
175.000
600
176.000
457,470
*1,195,669
00
00
00
00
00
14
01
2.000
600
344,910
865
4,340
00
00
98
83
99
$3,505,456 95
Loan on Public Funds : —
On $5,000 United States 4s,
55,000 00
Loan on Bank Stock : —
On 6 shares Merchants’ National Bank,
00
Cash on Deposit in Banks, amount in each
Merchants’ National Bank, New Bedford,
Mechanics’ National Bank, New Bedford,
Citizens National Bank, New Bedford, .
Commerce National Bank, New Bedford,
First National Bank, New Bedford,
Redemption National Bank, Boston,
|205,000
3,415
30,423
172
100,013
5,884
18
84
69
88
51
88
Whole amount of interest or profits received or earned,
.
.
.
.
$177,012 30
Rate and amount of each semi-annual dividend for previous ^ 2^ per cent., j
70,797 71
y e a r , ........................................................................................ ) 2^ per cent., \
72,547 72
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: $340,000,
4Jpercen\; $220,000, 4| per cent.; $659,715, 5 per cent.; $38,750, 5£
per cent.; $402,874.15, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ......................................................................................................... 225
Aggregate amount of the same..............................................................................
Number of open accounts,
................................................
13 347
Number and amount of deposits (including dividends), received for pre
vious y e a r , ............................................ ........
9,391
* This bank has been notified that these loans exceed the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
203,694 16
747,176 50
1885.]
PUBLIC DOCUMENT — No. 8.
247
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,............................................................................... f>04 $327,462 73
Number and amount of w ithdraw als,.............................................
6,746
604,957 53
Number of accounts opened the previous year.................................1,618
Number of accounts closed the previous year,
.
.
.
.
1,132
Amount of expenses of the corporation during previous year,
.
.
.
8,508 21
Amount of treasurer’s bond....................................................................................
15,000 00
Date of examination by commissioner: September 2.
P u b l ic
F und s.
Par Value.
Estimated
Market Value.
Amount Invested.
United States 4is, . . . .
United States 4s,
.
.
United States currency 6s,
$83,500
104,500
175,000
$94,335 00
126,445 00
225,250 00
$83,500 00
104,500 00
175,000 00
City and town bonds: —
Town of Northampton, .
of North Bridgewater, .
City of New Haven, Conn.,
of Holyoke,
. . . .
of Norwich, Conn., .
of Portland, Me.,
of New Bedford,
of Cambridge, . . . .
of Newport, R. I.,
of Chelsea,
. . . .
of Bangor, Me.,
of New Haven, Conn.,
of Charlestown,
.
.
.
of Lowell,
. . . .
of Salem,................................
of Fall River, . . . .
of Boston,
. . . .
111,000
28,000
10,000
50,000
13,000
87,000
95,000
30,000
10,000
95,000
66,000
10,000
25,000
25,000
25,000
90,000
10,000
116,550 00
28,910 00
10,600 00
58,500 00
14,950 00
101,790 00
113,050 00
30,600 00
10,200 00
109,250 00
76,560 00
10,300 00
26,750 00
28,000 00
26,750 00
109,800 00
10,400 00
111,000 00
28,000 00
10,000 00
50,000 00
13,000 00
87,000 00
95,000 00
30,000 00
10,000 00
95,000 00
66,000 00
10,000 00
25,000 00
25,000 00
25,000 00
'90,000 00
10,000 00
$1,143,000 $1,328,990 00 $1,143,000 00
B a n k St o c k .
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,
Commerce Nat’i Bank, New Bedford,
First Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Merchandise Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
6,000
50,000
20,000
20,000
30,000
10,000
12,000
2,000
2,500
2,500
10,000
$17,500 00
6,900 00
85,000 00
26,600 00
24,400 00
36,900 00
19,900 00
14,250 00
2,340 00
2,600 00
2,375 00
13,300 00
$10,000 00
6,000 00
50,000 00
20,000 00
20,000 00
30,000 00
10,000 00
12,000 00
2.000 00
2,500 00
2,500 00
10,000 00
$175,000 $252,065 00
$175,000 00
248
BANK COMMISSIONERS’ REPORT.
R a il r o a d
[Jan
B onds.
....
Par Value.
Boston & Albany Railroad 6s,
Eastern Railroad 6s,
. . .
Old Colony Railroad 6s, .
Old Colony Railroad 7s, .
Boston and Maine Railroad 6s,
Mansfield & Framingham R.R. 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 10,000
52.500
45.000
20.000
15,000
33.500
Estimated
Market Value.
$11,800
58.800
52,987
24.800
18,300
33,500
00
00
50
00
00
00
$176,000 $200,187 50
Amount Invested.
$10,000
52.500
45.000
20.000
15,000
33.500
00
00
00
00
00
00
$176,000 00
1 8 8 5 .]
PUBLIC DOCUMENT — No. 8
249
N E W BEDFORD INSTITUTION FOR SAVINGS — N E W BEDFORD.
Incorporated, 1825.
Number of corporators, 111.
C h a s . H. P e i r c e , Treasurer.
W i l l i a m W a t k i n s , President.
Statem ent.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
$9,880,672 78
92,815 63
239,000 00
A ssets.
Public funds................................
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans to railroads, .
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal securitv,
Loans to counties, cities or
t o w n s ,...................................
Loans on deposits, .
Deposit in banks, on interest, .
Expense account,
Cash on hand..............................
$10,212,488 41
$2,845,550
5,000
1,398,360
63,350
700.000
400,000
30,000
802,803
3,397,853
00
00
00
00
00
00
00
65
32
307.000
1,025
241,240
1,305
18,999
00
00
66
79
99
$10,212,488 41
Loan on Public Funds : —
On $5,000 United States 4 s , ............................................................................... $5,000 00
Loans on Bank Stock, amount on each : —
On 118 shares First National Bank, New B e d f o r d , ....................................$10,500 00
On 20 shares Merchants’ National Bank, New Bedford,
.
.
.
.
1,350 00
On 65 shares Mechanics’ National Bank, New Bedford,
.
.
.
.
4,500 00
On 35 shares National Bank Commerce, New Bedford,
.
.
.
.
3,500 00
On 9 shares First National, 15 shares Mechanics’ National, and 22 shares
Commerce National Banks, all of New Bedford..........................................
4,000 00
On 101 shares Boston National and 90 shares Metropolitan National Banks,
Boston,...................................................................................................................
17,500 00
On 70 shares Third National Bank, Springfield,............................................
7,000 00
On 150 shares First National Bank, Easton,.....................................................
15,000 00
Invested in real estate (for banking purposes),
.................................................. $30,000 00
Estimated value of the sam e,...............................................................................
30,000 00
Amount of municipal tax on real e s t a t e , .....................................................
315 40
Cash on Deposit in Banks, amount in each : —
Merchants’ National Bank, New B e d f o r d ,............................................................. $3,789 65
National Bank of Commerce, New Bedford,.....................................................
203,161 52
Mechanics’ National Bank, New B e d f o r d ,................................................................2,217 92
National Revere Bank, B o s t o n , .......................................................................
5,898 54
National Bank of Redemption, Boston, .
13,594 93
Massachusetts National Bank, Boston,..............................................................
8,700 09
First National Bank, New B e d f o r d , ..............................................................
1,804 35
Citizens’ National Bank, New Bedford,..............................................................
2,073 66
Whole amount of interest or profits received or earned,
.
.
.
.
525,590 16
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
250
BANK COMMISSIONERS’ REPORT.
[Jan.
Rate and amount of each semi-annual dividend for previous 1 2| per cent.. 1 $212,554 21
y e a r , ............................................................................... J 2^ per cent., I 215,750 33
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 : $1,232,000,
4 per cent.; $115,000,4^ per cent.; $948,000, 4^ per cent.; $55,000, 4f
per cent. ; $1,283,706, 5 per cent. ; $6,000, 5J per cent. ; $745,168.62, 5£
per cent. ; $60,000, 5| per cent. ; $431,569.65, 6 per cent. ; $100,000, 7 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................154
Aggregate amount of the s a m e , .......................................................................
138,004 00
Number of open a c c o u n t s ,..................................................................... 19,163
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
47,441 1,745,524 59
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 993
607,913 55
Number and amount of w ith d ra w a ls,............................................
12,129 1,491,118 37
Number of accounts opened the previous year,
.
.
.
.
2,201
Number of accounts closed the previous year,
.
1,936
Amount of expenses of the corporation during previous year,
.
.
.
18,998 21
Amount of treasurer’s b o n d ,......................................................................
.
20,000 00
Date of examination by commissioner : September 1.
P u b l ic
F unds.
Par Value.
United States 4s,
United States 4|s,
.
.
.
.
.
.
.
County, city and town bonds : —
County of Sagadahoc, Me., 6s,
City of New Bedford 4s, .
of New Bedford 6s, .
of New Bedford 7s, .
of Charlestown 5s, .
of Springfield 6s,
of Manchester, N. H., 6s, .
of Middletown, Conn., 6s,
of Norwalk, Conn., 7s, .
of Bangor, Me., 6s, .
of Meriden, Conn., 7s,
of Hartford, Conn., 6s,
of Salem 6s,
of Burlington, Vt., 6s,
of Chelsea 6s, .
of Augusta, Me., 6s,.
of Dover, N. H., 6s, .
of Bath, Me., 6s,
of Newport, R. I., 6s,
Town of Middletown, Conn., 6s,
of Greenfield 6s, .
of Buckland 6s,
of Shelburne 6s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$805,500 $981,700 00700,000 796,250 00
19,000
100,000
321,000
40,000
100,000
5,000
6,000
36,500
10,000
100,000
50,000
20,000
50,000
29,050
85,000
4,500
17,000
39,000
1,000
10,000
5,000
5,000
6,000
19,950
101,000
381,990
44,400
108,000
5,250
6,600
40,880
12,500
115,000
56,500
21,400
'54,000
31,080
96,050
4,725
17,510
39,000
1,010
10,900
5,500
5,500
6,600
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$820,500 00
705,000 00
19,000
100,000
321,000
40,000
100,000
5,000
6,000
36,500
10,000
100,000
50,000
20,000
50,000
29,050
85,000
4,500
17,000
39,000
1,000
10,000
5,000
5,000
6,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1885.]
251
PUBLIC DOCUMENT — No. 8
Public F unds — Concluded.
Par Value.
Town of
of
of
of
of
of
of
of
Adams 6s,
. . .
Northampton 6s,
Malden 6s,
.
.
Malden 5s,
Medford 6s,
Melrose 6s,
Edgartown 6s, .
Attleboro1 Water 7s,
$3,000
13.000
50.000
17.000
50.000
50.000
28.000
50,000
Estimated
Market Value.
$3,210
13,390
55.000
18,020
55.000
55.000
29,400
62,500
00
00'
00
00
00
00
00
00
Amount Invested.
$3,000
13.000
50.000
17.000
50.000
50.000
28.000
50,000
00
00
00
00
00
00
00
00
$2,825,550 $3,254,815 00 $2,845,550 00
Bank Stock .
Merchants’ Nat’l B’k, New Bedford,
First Nat’l Bank, New Bedford,
N’l B’k of Commerce, New Bedford,
Mechanics’ Nat’l B’k, New Bedford,
Citizens’ Nat’l Bank, New Bedford,
Nat'l Hide and Leather B’k, Boston,
Boston Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Nat’l Exchange Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Second Nat’l Bank, Boston,
Nat’l B’k of North America, Boston,
Maverick Nat’l Bank. Boston,.
Nat’l Bank of Republic, Boston,
First Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Nat’l City 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,
Union Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Columbian Nat’l Bank, Boston,
Nat’l Revere Bank, Boston,
Washington Nat’l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston,
New England Nat’l Bank, Boston, .
Nat’l B’k of Commonwealth, Boston,
Nat’l Bank of Redemption, Boston,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$109,600 $186,320 00
135,600 176,280 00
136,600 163,920 00
100,000 160,000 00
100,000 120,000 00
23,200 00
20,000
16,800 00
15,000
15,820 00
14,000
2,260 00
2,000
49,680 00
46,000
79,500 00
53,000
39,140 00
38,000
21,800 00
10,000
62,720 00
49,000
46,000 00
23,000
30,360 00
23.000
10,800 00
9,000
27,600 00
23,000
3,270 00
3,000
36,050 00
35,000
10,890 00
9,000
14,000
15,960 00
25,750 00
25,000
17,850 00
17,000
46,200 00
44,000
41,400 00
36,000
17,810 00
13,000
10,530 00
9,000
10,044 00
10,800
32,240 00
26,000
59,000 00
50,000
16,900 00
13,000
13,300 00
14,000
5,360 00
4,000
10,000
11,300 00
20,000
22,400 00
$109,600 00
135,600 00
136,600 00
100,000 00
100,000 00
20,000 00
15,000 00
14,000 00
2,000 00
46,000 00
53,000 00
38,000 00
10,000 00
49,000 00
23,000 00
23,000 00
9,000 00
23,000 00
3,000 00
35,000 00
9,000 00
14,000 00
25,000 00
17,000 00
44,000 00
36,000 00
13,000 00
9,000 00
10,800 00
26,000 00
50,000 00
13,000 00
14,000 00
4,000 00
10,000 00
20,000 00
252
BANK COMMISSIONERS’ REPORT.
Bank
Stock
[Jan
— Concluded.
Par Value.
Everett Nat’l Bank, Boston, .
Merchandise Nat’l Bank, Boston, .
Monument Nat’l Bank, Boston,
First Nat’l Bank, Chelsea,
Nat’l B’k of So. Reading, Wakefield,
Fall River Nat’l Bank, Fall River, .
Metacomet Nat’l Bank, Fall River,.
First Nat’l Bank, Malden,
Nat’l Bank of Fairhaven,
Railroad Nat’l Bank, Lowell, .
Third Nat’l Bank, Springfield,
Wachusett Nat’l Bank, Fitchburg, .
$3,000
3.000
10,000
20,000
7.000
20,000
25.000
15.000
1,760
9.000
20.000
5.000
Estimated
Market Value.
$3,060
2,850
20,300
21,000
8,890
24.000
30.000
17,700
1,320
10,350
36.000
9,200
00
00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$3,000
3.000
10,000
20,000
7.000
20,000
25.000
15.000
1,760
9.000
20.000
5.000
00
00
00
00
00
00
00
00
00
00
00
00
$1,398,360 $1,816,121 00 $1,398,360 00
R a il r o a d
Boston & Albany Railroad 6s,
Boston & Albany Railroad 7s,.
New Bedford Railroad 7s,
Worcester & Nashua Railroad 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
B onds.
$50,000
450,000
75,000
125,000
$58,500
535,500
89,250
122,500
00
00
00
00
$700,000 $805,750 00
$50,000
450,000
75,000
125,000
00
00
00
00
$700,000 00
P U B L IC D O C U M E N T — N o . 8.
1 8 8 5 .]
253
N E W B U R Y PORT FIVE CENTS SAVINGS BANK — NEW BURYPORT.
Incorporated April 24, 1854.
Number of corporators, 41.
J o h n A. M a y n a r d , Treasurer.
E b e n S u m n e r , President.
Statem ent.
L
ia b il it ie s
A
.
Deposits, .
Earnings undivided, .
Guaranty fund, .
$628,128 35
72,381 45
17,420 06
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Loans on railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$717,929 86
$45,000
120,200
5,000
3,000
44,795
62,420
339,135
69,779
25,710
129
2,758
00
00
00
00
95
93
91
00
40
17
50
$717,929 86
Loan on Railroad Bonds : —
On $3,000 Boston & Albany Railroad,*
.
.
.
.
.
Invested in real estate (for banking purposes),
Estimated value of the sam e,.....................................................
Amount of real estate held by foreclosure, .
.
.
.
Assessed value of the s a m e , .....................................................
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate,
.
.
.
.
$3,000 00
$44,795
44,795
62,420
69,300
1,677
1,461
95
95
93
00
65
34
Cash on Deposit in Banks, amount in each : —
First National Bank, N e w b u r y p o r t ,...................................
Maverick National Bank, B o ston ,............................................
$18,245 87
7,464 53
Whole amount of interest or profits received or earned,
$36,829 34
Rate and amount of each semi-annual dividend for previous 2£ per cent., $
14,425 02
2 per cent., (
y e a r , ...............................................................................
11,768 18
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.; $38,000, 5 per cent.; $41,000, 5^ per cent.; $287,064.91, 6
per cent.; $7,900,
per cent.; $26,400, 7 per cent.; $750, 7 ^ per cent.;
$600, 7£ per cent.; $2,200, 8 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each ,................................................................................................. 193
Aggregate amount of the s a m e , .......................................................................
198,835 91
Amount of investments from which no income is received, .
.
.
.
37,997 77
Number of open a c c o u n t s ,..............................................................2,830
* This is a note with a principal and two sureties who are responsible.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
254
BANK
[Jan
C O M M IS S IO N E R S ’ R E P O R T
Number and amount of deposits (including dividends), received for previous year, .............................................................. .........
836
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................
92
Number and amount of withdrawals, .
............................................. 923
Number of accounts opened the previous y e a r , ................................... 195
Number of accounts closed the previous y e a r , ................................... 177
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: June 11.
$116,508 67
55,776 17
81,886 88
1,70188
20,000 00
P u b l ic F u n d s .
Par Value.
Estimated
Market Value.
Amount Invested
United States currency 6s,
$30,000
$38,700 00
$30,000 00
City of Bangor, Me., 6s, .
of Springfield 6s,
10,000
5,000
11,500 00
5,250 00
10,000 00
5,u00 00
$15,000
$55,450 00
$45,000 00
$1,000
$1,502 50
6,000
7,035 00
3,300
3,407 25
1,700
1,904 00
800
920 00
8,000 ' 8,800 00
1,300
1,612 00
1,800
1,998 00
5,000
5,675 00
4,200
4,326 00
7,400
7,825 50
3,300
4,050 75
5,000
5,125 00
500
570 00
5,000
4,937 50
1,000
1,200 00
2,500
2,900 00
1,500
1,702 50
4,400
4,059 00
4,000
8,920 00
1,000
1,330 00
1,000
1,030 00
2,300
2,955 50
3,700
4,393 75
1,000
1,147 50
1,200
1,353 00
10,400
8,840 00
3,300
3,423 75
$1,000 00
6,000 00
3,300 00
1,700 00
800 00
8,000 00
1,300 00
1,800 00
5,000 00
4,200 00
7,400 00
3,300 00
5,000 00
500 00
5,000 00
1,000 00
2,500 00
1,500 00
4,400 00
4,000 00
1,000 00
1,000 00
2,300 00
3,700 00
1,000 00
1,200 00
10,400 00
3,300 00
B a n k St o c k .
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,
Exchange Nat’l Bank, Boston,
Globe Nat’ l Bank, Boston,
Hamilton Nat’l Bank, Boston,
Hide and Leather N’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston,
Maverick 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,
Shawmut Nat’l Bank, Boston, .
Suffolk Nat’l Bank, Boston,
Third National Bank, Boston, .
Tremont Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T - N o .
B a n k St o c k
255
— Concluded
Par Value.
Union Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Ocean Nat’l Bank, Newburyport, .
Mechanicks’ Nat’l B’k, Newburyp’t,
First Nat’l Bank, Newburyport,
8.
$2,400
5,600
1,000
9,100
10,500
Estimated
Market Value.
$3,300
5,656
1,340
11,557
12,915
00
00
00
00
00
$120,200 $137,711 50
Amount Invested.
$2,400
5,600
1,000
9,100
10,500
00
00
00
00
00
$120,200 00
R a il r o a d B o n d s .
O d Colony & Newport Railroad 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
15,000
$6,206 25
$5,000 00
256
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
NEW TON SAYINGS BANK — NEW TON.
Incorporated June 17, 1831.
Number of corporators, 16.
G e o rg e H y d e , President.
S u s a n n a M . D u n c k l e e , Treasurer.
S tatem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Suspense account,
.
A
$1,193,987 42
18,410 27
18,233 00
184 54
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est,
...................................
Expense account,
Cash on hand, .
.
.
.
$1,230,815 23
$78,378
28,225
2,500
37,742
48,153
741,525
263,130
11,454
44
00
00
06
82
38
00
87
14,500 00
841 21
4,364 45
$1,230,815 23
Loan on Bank Stock : —
On 25 shares Globe National Bank, Boston, .
Amount of real estate held by foreclosure,
Assessed value of the same, .
Amount of income received from the same,
Amount of municipal tax on real estate,
$2,500 00
$48,153
40,400
1,612
452
82
00
86
16
Cash on Deposit in Banks, amount in each : —
Wachusett National Bank, Fitchburg, .
Revere National Bank, Boston,
Pacific National Bank, Boston,
Whole amount of interest or profits received or earned,
.
Rate and amount of each semi-annual dividend for previous j 2 per cent., i
Tear> ............................................................................... i 2 per cent., I
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: $23,000, 4
percent.; $158,500, 5 per cent.; $2,500, 5\ per cent.; $321,500, 5£ per
cent. ; $2,000, 5§ per cent.; $475,530.38, 6 per cent.; $9,300, 6£ per cent.;
$13,050, 7 per cent.; $1,500, 7h per cent.; $275, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each,
.
............................................
. 155
Aggregate amount of the s a m e , ............................................
Amount of investments from which no income is received, .
Number of open a c c o u n t s ,.....................................................
5,212
Number and amount of deposits (including dividends), rec(
for pre
vious year, .
.....................................................
4,731
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$7,194 00
4,260 87
14,500 00
¡¡>64,471 64
20,715 99
21,545 90
242,875 00
41,369 46
336,204 62
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
257
Number and amount of deposits of and exceeding $300 at any onetime,
for the previous y e a r ,............................................................................... 229 $124,513 17
Number and amount of withdrawals, .
...................................
2,615
236,002 29
Number of accounts opened the previous year, .
.
.
• 740
Number of accounts closed the previous y e a r , ................................... 327
Amount of expenses of the corporation during previous year,
.
.
.
5,22142
Amount of treasurer’s b o n d ,...............................................................................
20,000 00
Date of examination by commissioner : May 22.
P u b lic F u n d s .
Par Value.
City bonds : —
City of Lowell 6s,
of Newton 5s, .
of Worcester 5s,
Estimated
Market Value.
Amount Invested.
$6,000
50.000
20.000
$6,840 00
55,000 00
21,500 00
$5,375 01
51,192 20
' 20,811 23
$76,000
$83,340 00
$78,"378 44
B a n k St o c k .
Commonwealth Nat’l Bank, Boston,
Cambridge Nat’l Bank, Cambridge,
Lincoln Nat’l Bank, Boston, .
Merchandise Nat’l Bank, Boston, .
Natick Nat’l Bank, Natick,
Revere Nat’ l Bank, Boston,
South Framingham Nat’l Bank,
South Framingham,
State Nat’l Bank, Boston,
Wachusett Nat’l Bank, Fitchburg, .
Waltham Nat’l Bank, Waltham,
Newton Nat’l Bank, Newton, .
$3,000
1,000
9,000
2,400
2,500
3,000
$3,412
1,500
9,000
2,280
3,125
3,562
50
00
00
00
00
50
$3,000
1,0)0
9,000
2,400
2,500
3,000
00
00
00
00
00
00
2,500
600
2,500
225
1,500
2,600
703
4,606
240
1,650
00
50
25
00
00
2,500
600
2,500
225
1,500
00
00
00
00
00
$32,679 75
$28,225 00
$10,000
25,000
$10,500 00
30,000 00
$10,000 00
27,742 06
$35,000
$40,500 00
$37,742 06
$28,225
R a il r o a d B o n d s .
Mansfield & Framingham R. R. 7s,
Boston & Albany Railroad 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
258
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan
NORTHAMPTON INSTITUTION FOR SAYINGS — NORTHAMPTON.
Incorporated 1842.
H. G . K n i g h t , President.
Number of corporators, 16.
•
L . M a l t b y , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$2,019,864 85
31,079 43
55,000 00
s s e t s
.
Public funds................................
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Railroad notes, .
.
.
.
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans on bank books,
Deposit in bank, on interest, .
Cash on hand, .
.
.
.
$2,105,944 28
$289,721
900
45,500
22,378
361,875
200,000
27,582
7,496
749,951
282,550
750
115,870
1,367
00
00
00
70
00
00
40
75
66
00
00
91
86
$2,105,944 28
Loan on Public Funds : —
On $ 1.000 United States 4 s , ............................................................................... $ 9 0 0 00
Loans on Bank Stock, amount on each : —
On 3 shares Hampshire County National B a n k , ............................................ $300 00
On 10 shares Williamstown National B a n k ,.....................................................
800
On 100 shares First National Bank, E a s t h a m p t o n ,...................................
10,000
On 10 shares Ware National B a n k , ..................................................... •
1,000
On 90 shares First National Bank, N o r t h a m p t o n ,...................................
7,265
On 44 shares Northampton National B a n k ,..................................................... '
3 013
Invested in real estate (for banking purposes),
Estimated value of the same, .
.
.
.
Amount of real estate held by foreclosure, .
Assessed value of the same, .
.
.
.
Amount of income received from the same, .
Amount of municipal tax on real estate,
$27,582
25,000
7,496
4,920
132
290
00
00
00
00
70
40
00
75
00
00
42
Cash on Deposit in Bank: —
Northampton National B a n k , .......................................................................$115,870
91
Whole amount of interest or profits received or earned,
.
.
.
.
$ 1 02,041
Rate and amount of each semi-annual dividend for previous 4 2 per cent., f
38,704
y e a r , ................................................................................j 2 per cent., (_ 38,935
Times for the dividends, fix od by the by-laws : first Wednesday in April
and October.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 7. (Last extra dividend in 1870.)
63
04
97
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
*
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
260
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
R a il r o a d B o n d s .
Par Value.
Boston
Boston
Boston
Boston
& Albany Railroad 6s,
& Albany Railroad 7s,
& Maine Railroad 7s, .
& Lowell Railroad 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
,
$10,000
200,000
70.000
40.000
Estimated
Market Value.
$46,000
240,000
85,925
48,600
00
00
00
00
$350,000 $120,525 00
Amount Invested.
$41,000
207,250
71,275
42,350
00
00
00
00
$361,875 00
1 8 8 5 .]
P U B L IC D O C U M E N T — No. 8.
261
\
.
NORTH ADAMS SAYINGS BANK — NORTH ADAMS.
Incorporated 1848.
Number of corporators, 42.
C. T . S a m p s o n , President.
V . A. W
h it a k e r ,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided,
.Guaranty fund, .
State tax, .
Other liabilities,
A
.
$1,192,056 35
13.000 00
20.000 00
1,525 00
692 39
s s e t s
.
$172,130 00
Public funds, .
Loans on public funds, .
Bank stock,
Loans on bank stock,
Loans on bank books,
Real estate,
Loans on real estate,
Loans on personal security,
Loans to counties, cities oi
towns, .
.
.
.
Deposit in banks, on interest,
Deposit in banks, not on inter
e st,...................................
Expense account,
Interest account,
Cash on hand, .
$1,227,273 74
1 ,0 0 0 00
40,900
8,025
500
26,310
504,464
286,295
00
00
00
82
24
08
169,608 07
1,293 31
2,950
445
12,771
579
51
35
79
57
$1,227,273 74
Loan on Public Funds : —
On $1,000 Town of Manchester, Vt., bonds,..................................................... $1,000 00
Loans on Bank Stock, amount on each: —
On 74 shares Adams National B a n k , ..............................................................$7,400 00
On 5 shares Pittsfield National Bank, .
.
.
.
.
.
.
.
200 00
On 10 shares Berkshire National B a n k , .....................................................
425 00
Invested in real estate (for banking p u r p o s e s ),............................................ $26,310 82
Estimated value of the s a m e , .......................................................................
26,310 82
Amount of municipal tax on real estate...............................................................
244 96
Cash on Deposit in Banks, amount in each: —
Maverick National Bank, Boston, ....................................................................... $520 26
National Bank of the Commonwealth, B o s t o n , ............................................
773 05
Adams National Bank, North A d a m s ,..................................................... ........
2,950 51
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent, f
y e a r , ................................................................................1 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: $169,608.07,
4 per cent.; $7,400, 4£ per cent.; $191,326, 5 per cent.; $601,558.32, 6 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..........................................................................................................266
Aggregate amount of the s a m e , .......................................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$63,299 71
21,955 52
22,282 75
252,903 24
B A N K C O M M IS S IO N E R S ’ R E P O R T .
262
[Jan.
4,126
Number of open accounts,
Number and amount of deposits (including dividends), received for pre5,082 $101,536 33
vious y e a r , ............................................
Number and amount of deposits of and exceeding $300 at any one time,
. 263
156,764 33
for the previous year, .
.
.
.
Number and amount of withdrawals,
3,432
365,397 40
. 935
Number of accounts opened the previous year,
Number of accounts closed the previous year,
. 787
Amount of expenses of the corporation during the previous year,
5,829 37
20,000 00
Amount of treasurer’s bond, .
Date of examination by commissioner : February 8.
1
I
I
1
1
1
1
1
1
1
I
1
P u b l ic F u n d s .
Estimated
Market Value.
I
1
United States 4s,
United States 4|s,
1
I
1
1
I
1
1
I
I
1
1
City and town bonds : —
City of Norwich, Conn., .
of Cleveland. 0.,
of Providence, R. I.,
of Fall River, . . .
of Lowell,
. . .
of Cambridge . . .
of Portland, Me.,
of Bangor, Me.,
of Lynn, .
.
.
.
of New Bedford,
Town of Adams,
. . .
of North Adams, .
1
1
.
.
.
.
$50,500
5,000
.
.
.
25,000
25,000
18,000
11,000
10,000
5,000
5,000
5,000
1,000
1,000
3,000
1,500
.
.
.
.
.
$61,105 00
5,650 00
25,750
31,130
20,700
13,130
10.300
5,500
6,000
5,540
1,100
1,120
3,300
1,575
$50,500 00
5,000 00
00
00
00
00
00
00
00
00
00
00
00
00
25,000
31,130
18,000
11,000
10,000
5,000
5,000
5,000
1,000
1,000
3,000
1,500
$166,000 $191,900 00
1
$172,130 CO
B a n k Sto c k .
1
1
1
1
1
Adams Nat’l Bank, North Adams, .
Lee Nat’l Bank, Lee,
Pittsfield Nat’l Bank, Pittsfield,
Berkshire Nat’l Bank, No. Adams, .
First Nat’l Bank, Adams,
$26,500
1,400
5,000
2,000
6,000
$39,750
2,100
8,000
2,400
9,000
$40,900
$61,250 00
I
III
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$26,500
1,400
5,000
2,000
6,000
$40,900 00
\
i. ■. . . •
v
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
'
\
s
00
00
00
00
00
I
1885.]
P U B L IC
263
D O C U M E N T — N o . 8.
NORTH A VENU E SAVINGS BANK — CABMRIDGE.
Incorporated March 7, 1872.
S a m u e l F. W
o o d b k id g e ,
Number of corporators, 35.
M il t o n L. W
President.
alton,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$114,145 36
1,935 35
1,690 98
s s e t s
.
Public funds................................
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest, .
Suspense account,
Cash on hand, .
.
.
.
$117,771 69
$4.986
3,000
3,049
61,675
36,200
8,407
121
332
04
00
80
00
00
26
25
34
$117,771 69
Amount of real estate held by foreclosure,............................................................. $3,049
Assessed value of the s a m e ,...............................................................................
3,300
Amount of income received from the s a m e ,.....................................................
300
Amount of municipal tax on real estate..............................................................
55
80
00
00
44
Cash on Deposit in Bank: —
Howard National Bank of Boston,
.
.
.1
................................... $8,407 26
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous ) 2 per cent., t
year............................................................................................) 2
per cent., (
Times for the dividends fixed by the by-laws: January 10 and .¡uly 10.
The total amount of loans, with each specified rate of interest: $5,300, 5
percent.; $76,925,6 per cent.; $13,450, 6£ percent.; $2,200,7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each, .
......................................................................
33
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received,
.
.
.
Number of open a c c o u n t s ,.......................................................................698
Number and amount of deposits (including dividends) received for pre
vious y e a r , ............................................................................................... 824
Number and amount of deposits of and exceeding $300 at any one time for
19
the previous year.............................................
Number and amount of w ithdraw als,.................................................... 419
Number of accounts opened the previous y e a r , ................................... 122
Number of accounts closed the previous y e a r , ................................... 55
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : April 28.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,352 05
1,806 36
1,94764
39,075 00
3,00000
39,43099
12,81900
22,21227
72690
5,000 00
264
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan
P u b l ic F u n d s .
•
Par Value.
United States 4s,
.
.
.
$5,000
Bank
First Nat’l Bank, Marlborough,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$6,012 50
$4,986 04
$2,940 00
$3,000 00
St o c k .
$3,000
\
1885.]
265
P U B L IC D O C U M E N T — N o. 8.
NORTH BROOKFIELD SAYINGS B A N K — NORTH BROOKFIELD.
Incorporated 1854.
Number of corporators, 31.
C h a r l e s A d a m s , J r ., President.
B onum N y e , Treasurer.
i
Sta te m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$417,003 75
4,416 45
12,390 84
$433,811 04
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Expense account,
Furniture,
.
.
.
.
Cash on hand, .
.
.
.
$98,000
6,400
112,000
210.172
5,000
1,605
24
193
415
00
00
00
00
00
12
86
60
46
$433 811 04
Cash on Deposit in Bank : —
Maverick National Bank, Boston,.......................................................................$1,605 12
Whole amount of interest or profits received or earned,
.
.
.
.
$26,045 90
Rate and amount of each semi-annual dividend for previous )
per cent., f 8,345 03
y e a r , .............................................................
J 2£ per cent., 1 9,627 26
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 31-100.
The total amount of loans, with each specified rate of interest: $210,172,
5^ per cent.; $5,000, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 172
Aggregate amount of the s a m e , .......................................................................
155,272 00
Number of open a c c o u n t s , ..............................................................1,578
Number and amount of deposits (including dividends), received for pre
vious year...................................................................................................... 954
87,315 91
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................
51
24,745 19
58,573 58
Number and amount of w ithdraw als,..................................................... 687
Number of accounts opened the previous y e a r , ....................................227
Number of accounts closed the previous y e a r , .......................................156
Amount of expenses of the corporationduring previous year,
.
.
.
1,186 21
Amount of treasurer’s b o n d ,...............................................................................
14,000 00
Date of examination by commissioner: July 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
266
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan
P u b l ic F u n d s .
*
Par Value.
State, city and town bonds : —
State of Maine,
. . . .
of New Hampshire,
City of Boston,................................
of Manchester, N. H.,
of Providence, RI . ,
of Portsmouth, N. H.,
of Columbus, O ,
of Salem,................................
of Cambridge, . . . .
of Milwaukee, Wis.,
Town of Beverly, . . . .
of Woburn, . . . .
$17,000
1,500
16,000
9,500
7,000
5,000
5,000
2,000
2,000
1,000
20,000
12,000
Estimated
Market Value.
$18,785
1,845
18.810
9,747
7,630
5,925
5,000
2,270
2,320
1,150
20,600
13,560
00
00
00
50
00
00
00
00
00
00
00
00
$98,000 $107,642 50
Amount Invested.
$17,000
1,500
16,000
9,500
7,000
5,000
5,000
2,000
2,000
1,000
20,000
12,000
00
00
00
00
00
00
00
00
00
00
00
00
$98,000 00
B a n k St o c k .
Commonwealth Nat'l Bank, Boston,
Eliot Nat’l Bank, Boston,
Ware National Bank, Ware, .
$5,000
1,000
400
$5,675 00
1,220 00
480 00
$5,000 00
1,000 00
400 00
$6,400
$7,375 00
$6,400 00
R a il r o a d B o n d s .
Boston & Albany Railroad,
Eastern Railroad, . . . .
Boston & Maine Railroad,
Fitchburg Railroad,
Old Colony Railroad,
Boston & Providence Railroad,
Boston, Clinton, Fitchburg & New
Bedford Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$31,000
27,000
23,000
10,000
8,000
8,000
5,000
$37,130
80,240
28,142
10,000
9,475
9,760
00
00
50
00
00
00
$31,000
27,000
23,000
10,000
8,000
8,000
00
00
00
00
00
00
5,675 00
5,000 00
$112,000 $130,422 50
$112,000 00
1885.]
P U B L IC D O C U M E N T — No. 8.
267
NORTH EASTON SAYINGS BANK — EASTON.
Incorporated Feb. 8, 1864.
F r e d ’ k L, A
m es,
Number of corporators, 32.
President.
P a r d o n A . G i f f o r d , Treasurer.
Statem ent.
L
ia b il it ie s
.
Deposits,
Earnings undivided, .
Guaranty fund, .
A
s s e t s
.
$390,574 59
Public funds, .
.
.
.
639 64 i Bank stock,
.
.
.
.
8,700 00
Loans on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, not on interest,
Expense account,
Cash on hand, .
.
.
.
$399,914 23
$62,162
108,789
500
8,911
181,210
23,000
13,331
7
2,001
50
26
00
93
00
00
32
50
72
$399,914 23
Loans on Bank Stock : On 5 shares National Hide and Leather Bank, Boston,
Amount of real estate held by foreclosure, .
.
Assessed value of the same, .
.
.
.
.
Amount of income received from the same, .
.
Amount of municipal tax on real estate,
.
.
.
.
.
.
$500 00
.
.
.
.
$8,911
6,600
136
124
93
00
32
08
Cash on Deposit in Bank : —
First National Bank, E aston,.....................................................
$13,331 32
Whole amount of interest or profits received or earned,
$20,841 93
Rate and amount of each semi-annual dividend for previous ]12 per cent., f
6,771 66
y e a r , ............................................................................... J
i 2) per cent, 1
8,086 41
---------KJJ urn i/j-joivvo.
XXJJ1J1 i 'J ill 1LI WLLUUCl 1U.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 5 -j.6 8 .__
The total amount of loans, with each specified rate of interest: $24,840, 5
per cent.; $5,001, 5J per cent.; $168,605, 6 per cent.; $3,065, 6^ per
cent.; $1,550, 7 per cent.; $1,650,
per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e ach ,.....................................................................................................123
Aggregate amount of the s a m e , .......................................................................
Number of open accounts,
.
. .................................................. 1,292
Number and amount of deposits (including dividends) received for pre
vious y e a r , .......................................................................!
.
. 972
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.....................................................................................6 7
Number and amount of w ith d ra w a ls,........................................................ 529
Number of accounts opened the previous year..............................................213
Number of accounts closed the previous y e a r , ....................................... 114
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
106,310 00
111,405 13
40,362 34
73,535 73
268
[Jan
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : October 17.
$855 74
10,000 00
P u b lic F u n d s .
Par Value.
United States 6s,
.
.
$30,000
.
City and town bonds : —
City of B a t h , ................................
of Bangor,
. . . .
of Springfield, . . . .
Town of Stoughton,
2,000
8,000
10.000
8,000
Estimated
Amount Invested.
Market Value.
$34,162 50
2,000
9,440
13,400
8,000
00
00
00
00
$34,162 50
2,000
6,960
11,040
8,000
00
00
00
00
$67,002 50
$62?162 50
$10,560 00
9,731 25
6,270 00
1,155 00
13,000 00
2,790 00
2,375 00
2,425 00
2,750 00
2,925 00
3,750 00
2,925 00
10,800 00
3,000 00
5,737 50
7,995 00
3,325 00
2,115 00
4,160 00
6,768 75
2,300 00
5,800 00
2,587 50
$9,578 25
8.100 00
4,560 00
920 50
10,500 00
2,880 00
2,375 00
2,375 00
2,765 63
2,693 75
3,750 00
2,878 13
10,485 00
2,950 00
5,800 00
8,658 00
3,325 00
2,180 00
4,789 00
6,726 00
2,300 00
5,500 00
2,700 00
$94,900 $115,245 00
$108,789 26
$58,000
B a n k St o c k .
Nat’l City Bank, Lynn, .
Neponset Nat’l Bank, Canton,
Bristol Co. 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,
Manufacturers’ Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
State Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,.
Shawmut Nat’l Bank, Boston, .
Everett Nat’l Bank, Boston, .
New England Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Redemption Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston
Tremont Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$6,600
7,500
3,800
700
10,000
3,000
2,500
2,500
2,500
■ 2,500
2,500
2,500
9,000
2,500
5,000
7,800
2,500
2,000
3,800
5,700
2,500
5,000
2,500,
1885.]
269
P U B L IC D O C U M E N T — No. 8
NORTH END SAYINGS BANK — BOSTON.
Incorporated Feb. 17, 1870.
Number of corporators, 25.
N a t h a n ie l J. R ust , President.
G e o r g e C. T r u m b u l l , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$432,675 29
11,757 25
9,550 00
s s e t s
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans on bank books,
Deposit in banks, on interest, .
Expense account,
Vault, furniture, etc.,
Suspense account,
Cash on hand...............................
$453,982 54
$68,751
20,212
4,721
278,734
20,000
1,000
53,000
1,254
2,000
3,035
1,271
41
50
98
87
00
00
00
87
00
00
91
$453,982 54
Amount of real estate held by fo re clo su re ,................................... $4,721
Assessed value of the s a m e , .........................................................
6,500
Amount of income received from the same....................................
261
Amount of municipal tax on real e s t a t e , ...............................
104
98
00
56
84
Cash on Deposit in Banks, amount in each: —
Lincoln National Bank, Boston,
.
.
National Security Bank, B o s t o n ,.................................................
23,000
Whole amount of interest or profits received or earned,.
.
.
.
Rate and amount of each semi-annual dividendfor previous ^ 2 per cent., j
y e a r , ............................................................................. i 2 per cent.»
1
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: $11,500, 5
per cent.; $67,600, 5£ per cent.; $155,536.87, 6 per cent.; $7,700, 6J per
cent.; $27,448,7 percent.; $1,150, 7jq P8r cent.; $1,200,72 per cent.;
$17,600, 8 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each...................................................................................
. 88
Aggregate amount of the s a m e , ......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,..............................................................1,389
Number and amount of deposits (including dividends), received for pre
vious year..............................................................................................
1,283
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...................................................................................I l l
Number and amount of w ith d raw als,............................................
1,089
Number of accounts opened the previous y e a r , .......................................255
Number of accounts closed the previous year,
.
.
.
.
.
212
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : February 11.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$30,000 00
00
$26,753 67
7,625 69
7,790 04
125,034 87
3,035 00
142,482 54
70,270 12
113,939 22
5,076 29
44,000 00
270
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan
B a n k St o c k .
*
Par Value.
Estimated
Amount Invested.
Market Value.
City Nat’l Bank; Boston, .
Revere Nat’l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston,
Fremont 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,
Market 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,
Metropolitan Nat’l Bank, Boston, .
First Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
$6,600
3,400
2,600
2,600
5,000
5,000
7,100
2,500
5,000
300
1 ,0 0 0
500
$7,260
4,037
2,470
2,697
00
50
00
50
6 ,0 0 0 0 0
5,862 50
7,508 25
2,325 00
6 ,0 0 0 0 0
338 25
922 50
567 50
1 ,0 0 0
1 ,1 1 0 0 0
500
3,300
600
3,000
425
4,050
825
3,352
3,990
3,725
2 .0 0 0
2,500
$54,500
00
75
00
50
00
00
$7,394
4,390
3,782
3,360
5,767
5,787
8,012
3,237
6,762
375
1,131
660
1,308
544
3,884
817
3,530
3,970
4,005
62
12
00
25
42
50
75
76
50
00
25
00
50
37
37
50
00
00
50
$63,467 25
$68,751 41
$24,550 00
$20,212 50
R a il r o a d B o n d s .
Boston and Maine Railroad 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$ 20,000
1885.]
P U B L IC D O C U M E N T — N o. 8.
ORANGE SAVINGS
Incorporated 1871.
271
BANK — ORANGE.
Number of corporators, 151.
H. C. T e n n e y , President.
W
arren
M. K in g , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$391,807 35
4,490 39
5,800 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock...................................
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Expense account,
Accrued Interest,
$402,097 74
$39,570
2,000
38,684
6,750
44,900
119,887
119,248
00
00
00
00
00
22
80
7,500
23,232
150
174
00
87
00
85
$402,097 74
Loan on Public Funds: —
On $2,000 United States 4 s , ............................................................................... $2,000 00
Loans on Bank Stock, amount on each : —
On 22 shares Orange National Bank, O r a n g e , .................................................... $2,000 00
On 50 shares Franklin County National Bank, Greenfield, .
.
.
.
4,750 00
Cash on Deposit in Bank: —
Orange National Bank, O r a n g e ,.............................................................................$23,232 87
Whole amount of interest or profits received or earned,
.
.
.
.
$18,297 85
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
6,887 75
y e a r,........................................................................................J 2 per cent., 1
7,077 51
Tunes 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: 4 20-25.
The total amount of loans with each specified rate of interest: $23,232.87,
3 per cent.; $32,500, 4i per cent.; $190,037.22, 5 per cent.; $15,000, 5J
per cent.; $17,848 80, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each.....................................................................................................................185
Aggregate amount of the s a m e , .......................................................................
108,636 02
Amount of investments from which no income is received, .
.
.
.
204 00
Number of open a c c o u n t s ,..............................................................1,704
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,469
123,965 67
Number and amount of deposits of and exceeding $300, at any one time,
for the previous y e a r ,.................................................................................
88
45,069 50
Number and amount of withdrawals..................................................
1,112
101,348 09
Number of accounts opened the previous y e a r , ....................................345
Number of accounts closed the previous y e a r , .......................................256
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
\
/
272
B A N K C O M M IS S IO N E R S ’ R E P O R T.
Amount of expenses of the corporation daring previous year,
Amount of treasurer’s b o n d ,.......................................................................
Date of examination by commissioner : August 5.
[Jan.
$620 37
20,000 00
P u b lic F u n d s .
Par Value.
City and town bonds : —
City of Auburn, Me., 6s, .
of Lynn 6s,
. . .
of Gardiner, Me., 4s,
of Manchester, N. H., 4s,
Town of Sheldon, Vt., 4|s,
of Brockton 5s,
$1,100
8,000
6,000
15,000
8,000
5.000
$88,100
Estimated
Market Value.
$1,210
3,630
6,120
15,450
8,000
6,000
00
00
00
00
00
00
$10,410 00
Amount Invested.
$1,180
3,420
6,120
15,450
*8,000
5,400
00
00
00
00
00
00
$39,570 00
B a n k St o c k .
First Nat’l Bank, Springfield, .
Third Nat’l Bank, Springfield,
Union Market Nat’l Bank, Watert’n,
First Nat’l Bank, Chelsea,
Atlas Nat’l Bank, Boston,
Boylston Nat’ l Bank, Boston, .
Central Nat’l Bank, Boston,
Everett Na't’l Bank, Boston,
Eliot Nat'l Bank, Boston,
First Ward Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Manufacturers’ Nat’l Bank, Boston,
Nat’l B’k of North America, Boston,
North Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, ,
Webster Nat’l Bank. Boston, .
Orange Nat’l Bank, Orange, .
$1,000
1,01 0
800
400
1.500
500
800
400
6.500
2,000
500
2,000
1,100
1,000
8,000
2.500
10,000
$1,650
1,750
360
492
1,845
575
204
416
7,800
2,300
590
2,000
1,155
1,240
3,210
2,525
12,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$1,470
1,750
754
460
1,875
595
204
464
7,781
1,882
575
2,000
1,199
1,300
3,600
2,775
10,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00 .
00
00
$40,112 00
$38,684 00
$10,000
1,000
10,000
18,000
$11,900
1,190
12,000
19,980
$11,800
1,170
11,950
19,980
$39,000
$45,070 00
$34,000
R a il r o a d B o n d s .
Boston & Albany Railroad 6s,.
Old Colony Railroad 6s, .
Conn. & Passumpsic Rivers R.R. 7s,
Fitchburg Railroad 5s,
1
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
* This hank has been notified that this investment is illegal.
00
00
00
00
$44,900 00
1885.]
P U B L IC D O C U M E N T — N o. 8
273
PALMER SAYINGS BANK — PALMER.
Incorporated 1870.
Number of corporators, 37.
C. L. G a r d n e r , President.
L. E. M o o r e , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$700,274 61
5,387 15
11,000 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Loans on bank books,
Deposit in bank, on interest, .
Expense account,
Cash on hand, .
.
.
.
$716,661 76
$21,000
58,000
4,890
34,000
16,503
10,100
343,577
214,235
00
00
00
00
12
00
91
37
2,550
330
9,169
628
1,677
00
00
78
07
51
$716,661 76
Loans on Bank Stock, amount on each : ■
On 20 shares Brockton National Bank, .
On 35 shares Palmer 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 income received from the same, .
Amount of municipal tax on real estate,
$2,000 00
2,890 00
$16,503
18,000
10,100
7,200
756
189
12
00
00
00
00
65
Cash on Deposit in Bank: —
Palmer National B a n k ,...................................
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 2£ per cent.,
y e a r , ..............................................................
2J per cent,
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: 4^0f50-.
The total amount of loans, with each specified rate of interest: $163,119,
5 per cent.; $69,250, 5J per cent.; $315,667 51, 6 per cent.; $13,476.50, 6£
per cent.; $4,070.27, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
. 330
each,
........................................................................................
Aggregate amount of the same....................................................
2,151
Number of open a c c o u n t s ,.....................................................
Number and amount of deposits (including dividends), received for prepre
vious y e a r , ...............................................................................
1,839
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$9,169 78
$36,667 43
14,942 81
15,870 81
290,062 28
237,931 79
274
[Jan
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...............................................................................188 $118,937 63
Number and amount of w ithdrawals,............................................
1,337 167,019 25
Number of accounts opened the previous y e a r , ....................................481
Number of accounts closed the previous y e a r , ................................... 372
Amount of expenses of the corporation during previous year,
.
.
.
2,127 85
Amount of treasurer’s b o n d ,................................................................................
20,000 00
Date of examination by commissioner: July 11.
P u b lic F u n d s .
Par Value.
City bonds : —
City of Boston 6s, . . .
of Worcester 6s,
of Fall River 6s,
of Fall River 5s,
of Concord, N. H., 6s,
.
$5,000
6,000
5,000
3,000
2,000
$21,000
Estimated
Market Value.
$6,000
6,800
6,000
3,360
2,300
00
00
00
00
00
$24,460 00
Amount Invested.
$5,000
6,000
5,000
3,000
2,000
00
00
00
00
00
$21,000 00
B a n k St o c k .
Eliot Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Nat’l Bank of No. America, Boston,
Commerce Nat’l Bank, Boston,
Agawam Nat’l Bank, Springfield, .
Chapin Nat’l Bank, Springfield,
Brockton Nat’l Bank, Brockton,
Monson Nat’l Bank, Monson, .
Ware Nat’l Bank, Ware, .
Palmer Nat’l Bank, Palmer, .
$5,000
2,500
2,000
1,000
2,300
5,100
5,000
1,000
3,300
700
22,000
Eastern Railroad, . . .
Boston & Albany Railroad,
.
00
00
00
00
00
00
00
00
00
00
00
$5,500
2,650
2,200
1,000
2,500
6,375
6,350
1,000
4,125
875
*25,425
$58,000 00
$10,000
20,000
$11,200 00
24,000 00
$10,000 00
24,000 00
$30,000
$35,200 00
$34,000 00
B o nd s.
* This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
00
00
00
00
00
00
$64,367 00
$49,900
R a il r o a d
$6,000
2,925
2,250
1,030
2,500
6,630
6,350
1,150
4,950
882
29,700
1885.]
PUBLIC DOCUMENT — No. 8
275
PEOPLE’S SAYINGS B A N K — WORCESTER.
Incorporated May 13, 1864.
Number of corporators, 194.
S a m u e l R. H e y w o o d , President.
C h a r l e s M. B e n t , Treasurer.
Sta te m e n t.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
Dividends unpaid,
Suspense account,
$4,033,367
45,342
82,477
67,971
17,736
A ssets.
19
89
14
63
33
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad bonds,
Real estate...................................
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns, .
.
Deposit in banks, on interest, .
Deposit in banks, not on interest,............................................
Expense account,
Interest accrued,
Cash on band, .
.
.
.
$4,246,895 18
$427,996
50,000
901,281
900
382,050
200
65,000
18,656
1,507,915
759,116
00
00
00
00
00
00
00
71
16
66
58,300 00
36,029 62
5,000
2,226
26,202
6,021
00
27
09
67
$4,246,895 18
o
O
O
m
CD
Loan on Public Funds : —
On $50,000 United States 4 s , .....................................................
00
Loans on Bank Stock, amount on each : —
On 5 shares Boylston National Bank, Boston,
On 5 shares First National Bank, Barre,
$500 00
400 00
Loan on Railroad Bonds: —
On $1,000 Boston and Maine Railroad,...................................
$200 00
Invested in real estate (for banking purposes),
Estimated value of the sam e,............................................ ........
Amount of real estate held by foreclosure, .
.
.
.
Assessed value of the s a m e ,................................... ........
.
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate,
.
.
.
.
$65,000
65,000
18,656
17,400
960
271
00
00
71
00
00
51
Cash on Deposit in Banks, amount in each : —
National Bank of the Republic, Boston,
.
.
.
.
Central National Bank, W o r c e s t e r , ....................................
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous
y e a r , ........................................................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,899 87
36,129 75
2 per cent.,
2 per cent.,
$197,885 19
76,178 78
78,035 26
276
BANK
[Jan.
COMMISSIONERS’ REPORT
Times for the dividends fixed by the by-laws : February 1 and August 1.
The total amount of loans, with each specified rate of interest: $53,100, 4
per cent.; $79,200, 4| per cent ; $50,000, 4| per cent.; $347,500, 4£ per
cent.; $115,000, 4| per cent.; $1,386,081.82, 5 per cent.; $29,150, 5£ per
cent.; $316,400, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,................................................................................................ 557
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,............................................ \
10,671
Number and amount of deposits (including dividends), received for pre
vious y e a r , .........................................................................................8,197
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year....................................................................................... 525
Number and amount of w ithdrawals,......................................................7,011
Number of accounts opened the previous year, .
.
.
.
1,448
Number of accounts closed the previous year,
.
.
.
.
1,295
Amount of expenses of the corporation during previous year, .
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner: August 1.
#674,175 66
771,591 36
294,440 38
673,223 41
8,770 68
30,000 00
P u b l ic F u n d s .
Par Value.
United States 4|s, coupon,
United States 4^s, registered, .
United States 3s, registered, .
Estimated
Market Value.
$95,000 $108,181 25
20,000
22,575 00
100,000 102,500 00
Amount Invested.
$103,015 00
21,665 00
100,000 00
County, city and town bonds : —
City of Charlestown 6s, .
of Boston 5s,
of Manchester, N. H.,
of Portsmouth, N. H., 4s,
of Dover, N. H , 6s, .
of Providence, R. 1., 5s, .
of Norwich, Conn., 5s,
of Indianapolis, Ind., 6s, .
of Scranton, Penn., 7s,
of Columbus, O., 6s,
of Scranton, Penn., 6s,
of Cleveland, O., 6s, .
Town of Beverly 4s,
. . .
of Westborough 5s,
County of Stratford, N. H.,
of Merrimac, N. H , 6s,
5,000
2,000
500
5,000
4,000
9,000
17,000
7,000
9,000
25,000
2,000
14,000
10,000
2,000
10,600
2,5« 0
5,750
2,050
532
5,075
4,552
10,372
20,145
8,330
10,800
29,500
2,360
16,450
10,400
2,340
10,832
2,700
District of Columbia 6s, .
63,000
72,135 00
69,900 00
$402,600 $447,581 25
$427,996 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
50
00
50
50
00
00
00
00
00
00
00
00
50
00
5,000
2,000
500
5,000
4,000
9,840
18,420
7,640
10,105
27,474
2,230
15,967
10,000
2,000
10,600
2,610
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1885.]
PUBLIC DOCUMENT — No. 8
Bank
277
St o c k .
Far Value.
Estimated
Amount Invested.
Market Value.
Market Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,.
Atlas Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Nat'l Bank of Redemption, Boston,
Nat’l Bank of No. America, 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’l Bank, Boston,
Freeman’s 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,
Manufacturers’ Nat’l Bank, Boston,
Everett Nat’l Bank, Boston,
Exchange Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
Commerce Nat’l Bank, Boston,
Nat’l Bank of Republic, Boston,
Eliot Nat’l Bank, Boston,.
Faneuil Hall Nat’l Bank, Boston, .
Shoe and Leather Nat’l B’k, Boston,
Mechanics’ Nat’l Bank, Boston,
Citizens’ Nat’l Bank, Worcester,
City Nat’l Bank, Worcester, .
Central Nat’l Bank, Worcester,
Worcester Nat’l Bank, Worcester, .
Quinsigamond Nat’l B’k, Worcester,
Mechanics’ Nat’l Bank, Worcester,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$22,159 50
4,588 00
17.212 50
16,649 50
11,308 75
44,662 50
21,939 00
2,750 00
14,067 00
17,423 00
5,987 50
16,848 00
31,303 75
12,236 00
14,593 50
23,450 00.
27,120 00
50,470 00
8,619 00
18,643 75
18,778 75
15,334 00
42,431 25
25,109 00
12,069 00
25,500 00
15,025 00
8,676 00
16,684 00
9,635 00
12,312 00
5,532 00
902 00
6,725 25
3,552 00
37,504 00
27,987 00
6.512 50
33,915 00
1,270 00
6,396 00
34,060 00
21,868 00
69,692 00
38,064 00
20,040 00
$23,700 00
4,588 00
17,200 00
16,614 00
11,290 00
5n,816 00
22,305 00
2,740 00
13,608 00
17,431 00
5,975 00
16,838 00
31,700 00
11,960 00
14,904 00
24,448 00
26,442 oo
49,980 00
9,150 00
17,898 00
19,910 00
16,016 00
40,150 00
27,370 00
12,150 00
30,000 00
15,000 00
8,640 00
17,2u0 00
10,340 00
12,096 GO
5,472 00
904 00
6,676 00
3,520 00
37,504 00
27,894 00
6,350 00
35,700 00
1,250 00
6,084 00
80,160 00
21,252 00
64,976 00
35,708 00
19,372 00
$787,200 $S97,635 00
$901,281 00
$23,700
3,700
15,000
14,200
10,900
39,700
21,300
2,000
10,800
13,100
5,000
16,200
31,700
9,200
13,800
20.000
22,600
49,000
9,300
15,700
18,100
13,600
36,500
23,800
8,100
30,000
10,000
7,200
17,200
9,400
10,800
4,800
800
6,100
3,200
29,300
22,800
5,000
35,700
1,000
5,200
26,000
15,400
52,400
31,200
16,700
278
BANK COMMISSIONERS’ REPORT
R a il r o a d
B onds.
Par Value.
Boston & Maine Railroad 7s, .
Old Colony Railroad 7s, .
Boston & Albany Railroad 6s,
Eastern Railroad 6s,
. . .
Boston & Lowell Railroad 4-Js,
Boston & Lowell Railroad 6s,
Fitchburg Railroad 5s,
Boston, Clinton, Fitchburg & New
Bedford Railroad 5s, .
Worcester & Nashua Railroad 5s, .
Connecticut & Passumpsic Rivers
Railroad 7s...................................
Vermont & Massachusetts R R. 5s,
Vermont Valley Railroad 5s, .
Nashua & Rochester Railroad 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Jan
$50,000
35,000
35,000
22,500
24,000
5,000
30,000
Estimated
Market Value.
$61,375
43,443
42,000
25,256
25,440
5,950
34,200
00
75
CO
25
00
00
00
Amount Invested.
$58,100
40,525
39,670
22,500
24,000
5,000
31,400
00
00
00
00
00
00
00
18,000
17,500
20,160 00
18,025 00
18,860 00
17,500 00
50,000
50,000
10,000
3,000
59,750
55,500
11,200
3,090
56,252
54,268
10,975
3,000
00
00
00
00
1350,000 $405,390 00
00
00
00
00
$382,050 00
1885 ]
rUBLIC DOCUMENT — No. 8.
279
PLYMOUTH FIVE CENTS SAYINGS BANK — PLYMOUTH.
Incorporated 1855.
W
il l i a m
Number of corporators, 70.
R . D r e w , President.
W
il l i a m
W . B r e w s t e r , Treasurer.
Statem ent.
A ssets.
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
Suspense, .
$632,420
12.557
10,970
4,930
86
88
56
38
Public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$660,879 68
$118,400
33,500
3,450
38,000
2,900
10,875
348,770
21,108
00
00
00
00
00
88
00
33
32,530
49,090
827
1,427
00
92
23
32
$660,879 68
Loans on Bank Stock, amount on each : —
On 36 shares Plymouth National Bank,......................................................................$2,650 00
On 7 shares Merchants’ National Bank, B o sto n ,.............................................
700 00
On 1 share Old Colony National Bank, P l y m o u t h , ...................................
100 00
Invested in real estate (for banking purposes),
.
.
.
.
•
•
Estimated value of the sam e,...............................................................................
Amount of real estate held by foreclosure,.....................................................
Assessed value of the s a m e , ...............................................................................
Amount of income received from the s a m e ,...........................................
Amount of municipal tax on real e s t a t e , ............................................ ■
$2,900
3,000
10,875
11,600
232
250
00
00
88
00
13
92
Cash on Deposit in Banks, amount in each : —
National Bank of the Commonwealth, B o s t o n ,............................................
Old Colony National Bank, Plymouth,..............................................................
Plymouth National B a n k , ................................................................................
25,453 47
11,538 78
12,098 67
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous \ 2 per cent., f
y e a r , ............................................................................... ■
. i 2 per cent., (
Times for the dividends fixed by the by-laws : second Tuesday in January
and July.
The total amount of loans, with each specified rate of interest: $26,200,
4 per cent.; $6,000, 4£ per cent.; $2,500, 4J per cent.; $31,700,5 per
cent.; $38,733.33, 5£ per cent.; $291,620, 6 per cent.; $7,670, 6£ per
cent,; $1,435, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................... 322
Aggregate amount of the s a m e , ......................................................................
Number of open a c c o u n t s ,.......................................................................2,579
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..................................................................................................1,319
Number and amount of deposits of and exceeding $300 at any onetime,
for the previous y e a r ,.............................................................
98
$33,833 54
11,785 58
11,976 88
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
246,733 33
121,505 91
53,617 90
280
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Number and amount of withdrawals, .
................................... 985
Number of accounts opened the previous year..........................................300
Number of accounts closed the previous y e a r , ................................... 217
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : October 8.
$92,647 85
2,173 53
10,000 00
P u b lic F u n d s .
Par Value.
United States 4|s, registered, .
United States 4s, coupons,
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., 7s,
of New Bedford 7s, .
of Manchester, N. H., 6s,.
of Springfield 6s,
of Belfast, Me., 6s, .
of Bangor, Me., 6s, .
of Lewiston, Me., 6s,
of Providence, R.I., 5s, .
of Lawrence 6s,
of Brockton, 4s,
of Northampton 6s,.
Town of Methuen 6s,
of Plymouth 6s,
$10,000
2,000
14,000
3,900
1,000
10,000
5,000
12,000
10,000
1,500
5,000
2,000
9,000
2,000
1,000
5,000
10,000
10,000
3,000
2,000
Estimated
Market Value.
$11,275 00
2,440 00
15,470
4,567
1,045
10,462
5,300
15,600
13,750
1,655
6,350
2,100
10,620
2,400
1,155
5,825
10,100
11,250
3,480
2,020
00
25
00
50
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$118,400 $136,864 75
Amount Invested.
$10,000 00
2,000 00
$14,000
3,900
1,000
10,000
5,000
12,000
10,000
1,500
5,000
2,000
9,000
2,000
1,000
5,000
10,000
10,000
3,000
2,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$118,400 00
B a n k St o c k .
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 & Leather Nat’l Bank, Boston,
Third Nat’l Bank, Springfield,
Brockton Nat’l Bank, Brockton,
Plymouth Nat’l Bank, Plymouth,
Old Colony Nat’l Bank, Plymouth, .
1
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
2,500
2,500
2,100
1,500
1,500
1,000
1,500
1,000
800
600
500
1,000
2,000
4,000
6,000
$33,500
$5,675
2,925
2,525
2,394
1,770
1,920
1,320
1,650
1,100
888
720
475
1,450
2,100
4,600
9,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$40,512 00
$5,000
2,500
2,500
2,100
1,500
1,500
1,000
1,500
1,000
800
600
500
1,000
2,000
4,000
6,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$33,500 00
281
P U B L IC D O C U M E N T — N o. 8.
R a il r o a d B o n d s .
Estimated
I’ ar Value.
Old Colony Railroad,
Cheshire Railroad............................
Boston & Maine Railroad,
Eastern Railroad, . . . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Market Value.
$18,000
4.000
6.000
10,000
$20,160
4,360
7,320
11,225
00
00
00
00
$38,000
$43,065 00
Amount Invested.
$18,000
41100
6,000
10,000
00
00
00
00
$38,000 00
[Jan
B A N K C O M M IS S IO N E R S ’ R E P O R T,
282
PLYMOUTH SAVINGS BA N K — PLYM OUTH.
Incorporated 1829.
W
il l i a m
Number of corporators, 45.
J o h n J. R u s s e l l , Treasurer.
H. N e l s o n , President.
St a t e m e n t .
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
Suspense account,
A
.
$2,147,981
57,015
80,000
152
34
52
00
97
s s e t s
.
$318,100 00
427,541 00
Public funds,
.
Bank stock,
Loans on bank stock,
Railroad bonds,
Real estate,
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.
towns, .
.
.
.
Deposit in banks, on interest,
Cash on band, .
8.200 00
110,000 00
7,000
68,345
544,546
619,300
00
92
00
00
138,500 00
41,760 01
1,856 90
$2,285,149 83
$2,285,149 83
Loans on Bank Stock, amount on each: —
On 28 shares Plymouth National Bank, Plymouth,
On 26 shares Old Colony National Bank, Plymouth, .
On 13 shares Plymouth and 3 shares Old Colony National Banks,
On 5 shares Old Colony and 5 shares Tremont National Banks, .
On 5 shares New England National Bank, Boston,
$2,800
2,600
1,600
1,000
00
00
00
00
Invested in real estate (for banking purposes),
.
.
.
.
Estimated value of the s a m e , .....................................................
Amount of real estate held by foreclosure,....................................
Assessed value of the s a m e ,..............................................................
Amount of income received from the s a m e ,....................................
Amount of municipal tax on real e s t a t e , ....................................
$ 7,000 00
200 00
7,000 00
68,345
126,410
5,670
1,847
92
00
19
59
$14,634
8,502
10,688
7,935
00
00
58
43
Cash on Deposit in Banks, amount in each: —
Boston National Bank, Boston.............................................................
Commonwealth National Bank, Boston,
.
.
.
.
.
Plymouth National Bank, Plymouth.................................................
Old Colony National Bank, Plymouth,............................................
.
Whole amount of interest or profits received or earned,
Rato and amount of each semi-annual dividend for pre-
.
vious year,
Times for the dividends fixed by the by-laws : Januaiy and July.
The total amount of loans, with each specified rate of interest: $53,5(
per cent. ; $206,700, 4£ per cent. ; $75,000, 4| per cent. ; $25,000, 4£
cent ; $503,750, 5 per cent. ; $103,000, 5& per cent. ; $297,935,6 per ce
$11,286, 6£ per cent. ; $34,375, 7 per cent.
Number of outstanding loans which are of an amount not exceei
$3,000 e a c h ,.................................................................................................
Aggregate amount of the s a m e , ..............................................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$131,783 50
1885.]
283
P U B L IC D O C U M E N T — N o. 8
Number of open accounts..................................................................... 6,309
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
2,426 f>314,968 83
Number and amount of deposits of and exceeding $300 at any one time,
94,849 00
for the previous y e a r ,.......................................................................... 174
Number and amount of w ith draw als,............................................
3,217
299,944 81
Number of accounts opened the previous y e a r , ................................ 495
Number of accounts closed the previous y e a r , .................................501
Amount of expenses of the corporation during previous year,
.
.
.
6,000 00
Amount of treasurer’s b o n d ,............................................ .........
20,000 00
Date of examination by commissioner : October 8.
P u b lic F u n d s .
Par Value.
State, city and town bonds : —
State of Maine,
. . . .
of Rhode Islaud,
City of Salem,................................
of Cambridge, . . . .
of Hartford, Conn., .
of Portland, Me.,
of Meriden, Conn., .
of Newburyport,
of New London, Conn, .
of Holyoke,
. . . .
of Fall River, . . . .
of Lawrence, . . . .
of New Bedford,
of L y n n ,................................
of Bangor, Me.,
of Brockton..............................
Town of Plymouth, . . . .
of Franklin, . . . .
of West Springfield,
$18,000
6 ,0 0 0
1 0 ,0 0 0
7,000
5,000
1 2 ,0 0 0
25,000
5,000
50,000
50,000
1 0 ,0 0 0
30,000
1 0 ,0 0 0
13,000
6 ,0 0 0
16,000
Estimated
Market Value.
Amount Invested.
$18,000 00
$19,080
6,660
00
6 ,0 0 0 0 0
1 1 ,1 0 0
00
1 0 ,0 0 0 0 0
7,350
5,550
12,480
27,750
5,250
64,000
58,500
11,900
33,600
13,200
14,560
7,200
16,000
00
00
00
00
00
00
00
00
00
7,000 00
5,000 00
1 1 ,1 0 0 0 0
25,000
5,000
50,000
50,000
00
00
00
00
1 0 ,0 0 0 0 0
00
00
30,000 00
00
00
13,000 00
00
16,000 00
1 0 ,0 0 0 0 0
6 ,0 0 0 0 0
1 1 ,0 0 0
1 1 ,0 0 0 0 0
1 0 ,0 0 0
1 0 ,1 0 0 0 0
1 1 ,0 0 0 0 0
1 0 ,0 0 0 0 0
25,000
26,250 00
25,000 00
$319,000 $361,530 00
$318,100 00
/
B a n k St o c k .
State Nat’l Bank, Boston,
Merchants’ Nat’1 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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$13,000
22,500
18.400
26,2n0
17,100
4,200
12,800
8 ,0 0 0
8,400
6 ,2 0 0
900
8,500
$15,210
29,700
21,160
39,300
23,940
4,200
11,776
7,440
9,240
6,944
1,080
9,095
00
00
00
oo
00
00
00
00
$13,000
22,500
18,400
26,200
17,100
4,200
10,240
00
00
00
00
00
00
00
6 ,0 0 0 0 0
00
8,400 00
00
6 ,2 0 0 0 0
00
00
900 00
8,500 00
284
B A N K C O M M IS S IO N E R S ’ R E P O R T .
B
ank
St o c k —
Concluded.
Par Value.
Second Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Atlantic Nat’l Bank, Boston, .
Eagle Nat’l Bank, Boston,
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, .
Nat’ l Bank of Republic, 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,
$27,000
19,500
4.100
8,000
5,450
8,600
7,000
10,600
1,500
10,800
12,000
11,000
2,900
2,800
9,300
10,000
23,400
5.300
13,900
11,200
4,800
4,200
5,400
12,000
18,800
10,000
10,0:0
10.000
10,000
10,000
6,000
Estimated
Market Value.
$40,280
20,085
6,150
8,400
6,540
11,438
8,050
12,084
1,800
11,988
12.360
12,650
2,842
2,940
10,602
13,700
27,378
6,360
15,568
11,312
4,944
5,208
6,102
14,160
24,064
11,300
14,500
9,700
11,400
10,000
6,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$151,750 $538,940 00
R
Old Colony Railroad,
Eastern Railroad, . . .
Boston & Albany Railroad
Salem & Lowell Railroad,
Boston & Maine Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
a il r o a d
.
[Jan
Amount Invested.
$27,000
17,745
4,100
8,000
5,450
8,600
7,000
10,600
1,500
9,180
10,800
11,000
2,494
2,380
8,950
10,000
23,400
5,300
12,788
10,080
3,712
4,200
5,022
10,800
18,800
8,500
10,000
6,500
7,000
9,000
6,000
00
00
00
00
CO
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$127,541 00
B o n ds.
$20,000
10,500
50.000
25.000
10.000
$22,600
12,600
58,000
28,750
11,800
00
00
00
00
00
$115,500 $133,750 00
$20,000
5,000
50.000
25.000
10.000
00
00
00
00
00
$110,000 00
P U B L IC
1885.]
285
D O C U M E N T — N o. S.
PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWN OF, BOSTON —
BOSTON.
Incorporated 1816.
W
il l ia m
Number of corporators, 126.
C h a r l e s J. M o r r i l l , Treasurer.
P e r k in s , President.
State m e n t.
L
ia b il it ie s
A
.
$>25,432,730 43
Deposits,
406,258 53
Earnings undivided, .
410,000 00
Guaranty fund, .
13,334 94
Suspense account,
H. B. Going,
8,686 40
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans to railroads, .
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Taxes on estates to be refunded,
Cash on hand, .
.
.
.
$6,636,000
13.000
1,134,500
30,500
2,003,000
360.000
80.000
145,585
7,010,448
8,118,962
00
00
00
00
(¡0
00
00
51
00
00
135.000
557,362
13,449
6,037
27,165
00
50
56
32
41
$26,271,010 30
$26,271,010 30
Loans on Public Funds, amount on each
On $10,000 State of Maine registered 6s,
On $3,000 State of Massachusetts bonds,
Loans on Bank Stock
.
.
.
.
.
.
.
.
$10,000 00
3,000 OO
.
.
T
.
On 377 shares Fourth National Bank, Boston,
Invested in real estate (for banking purposes),
Estimated value of the sam e,.
.
.
.
Amount of real estate held by foreclosure, .
Assessed value of the same, .
.
.
.
.
Amount of income received from the same, .
Amount of municipal tax on real estate,
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.•
.
$30,500
oo
$80,000
217,900
145,585
172,400
7,269
6,635
00
00
51
00
35
10
$237,256
228,174
87,454
4,477
57
07
02
84
Cash on Deposit in Banks, amount in each : —
Merchants’ National Bank,
.....................................................
Exchange National B a n k , .....................................................
Merchandise National Bank, .
.
.
.
.
.
.
Webster National Bank,..............................................................
.
$1,166,840 34
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous U per cent.. f 356,140 OS
1^ per cent., 1 359,317 18
y e a r , ...............................................................................
Times for the dividends fixed by the by-laws : third Wednesday in Jan
uary and July.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
286
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
The total amount of loans, with each specified rate of interest: $1,800,000,
3 per cent.; $5,475,000, 4 per cent ; $275,000, 4A, per cent.; $25,000, 4£
percent.; $1,913,500, 4| percent.; $7,278,500,,4 4 per cent.; $1,760,000,
4| per cent.; $3,870,377, 5 per cent.; $175,000, 5| per cent.; $124,500, 5£
per cent.; $1,403,608, 6 per cent.; $235,425, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,........................................................................................................
$97,749 00
Aggregate amount of the s a m e , ............................................ ........
Amount of investments from which no income is received.............................
4,504 84
Number of open a c c o u n t s , ................................................... 67,912
Number and amount of deposits (including dividends), received for pre
vious y e a r , .......................................................................
64,864
5,346,209 30
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year.................................................................. 3,318
1,811,301 00
Number and amount of w ith draw als,...........................
50,482
4,891,895 81
Number of accounts opened the previous year................................. 10,946
Number of accounts closed the previous year, .
.
.
.
8,852
Amount of expenses of the corporation during previous year,
.
.
.
42,922 09
Amount of treasurer’s b o n d ,................................................................................
20,000 00
Date of examination by commissioner: December 16.
P u b lic F u n d s .
Par Value.
United States 3s, registered, .
United States 4s, registered,
United States 4Js, registered, .
State, city and town bonds: —
State of Massachusetts, note, .
City of Boston 4s, registered, .
of Somerville coupon 4s, .
Town of Beverly coupon 4s, .
Estimated
Market Value.
Amount Invested.
$1,800,000 $1,809,000 00 $1,800,000 00
300,000
366,000 00
300,000 00
1,300,000 1,482,000 00 1,300,000 00
1 0 0 .0 0 0
2,537,000
399.000
200.000
100,000 00
100,000 00
2,639,830 00 2,537,000 00
404,985 00
399.000 00
208,000 00
200.000 00
$6,636,000 $7,009,815 00 $6,636,000 00
B a n k St o c k .
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,.
Nat’l Hide and Leather B’k, Boston,
Massachusetts Nat’l Bank, Boston, .
Market Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$21,500
67,500
35,000
42,800
66,800
31,500
45,000
31,500
33,700
22,500
22,500
51,300
90,400
'd i»'
$32,303
79,143
42,000
53,072
68,804
34,650
47,587
31,106
40,440
26,100
24,131
50,091
120,006
75
75
00
00
00
00
50
25
00
00
25
75
00
$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
00
00
00
00
00
00
0J
00
00
00
00
00
00
287
P U B L IC D O C U M E N T — N o. 8
1885.]
B a n k St o c k —
Concluded.
Tar Value.
'
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 B’k, Boston,
Washington Nat’l Bank, Boston, .
$23,900
43,000
33,200
64,000
48,200
45,000
50,000
2,500
90,000
31,200
100,000
38,500
Estimated
Market Value.
$31,787
51,600
39,425
95,360
56,514
50,737
47,500
2,325
93,375
42,900
101,000
50.146
00
00
00
00
50
50
00
00
00
00
00
25
Amount Invested.
$23,900
43,000
33,200
64,000
48,200
45,000
50,000
2,500
90,000
31,200
100,000
38,500
00
00
00
00
00
00
00
00
00
00
00
00
$1,134,500 $1,312,106 50 $1,131,500 00
R a il r o a d B o n d s .
Old Colony Railroad 6s, .
Old Colony Railroad 41s,
Boston & Albany Railroad 6s,.
Boston & Albany Railroad 7s,.
Boston,Clinton & Fitchburg R. R. 5s,
Fitchburg Railroad 5s,
Eastern Railroad 6s,
. . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$250,000 $298,750 00
200,000 200,000 00
100,000 119,500 00
169.000 202,800 00
550,000 599,500 00
500,000 550,000 00
265,000 298,125 00
$250,000
200,000
100,000
169,000
550,000
500,000
234,000
00
00
00
00
00
00
00
$2,034,000 $2,268,675 00 $2,003,000 00
288
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWNS OF
SALISBURY AND AMESBURY — SALISBURY.
Incorporated 1828.
A zor 0 . W
ebster,
Number of corporators, 16.
President.
A l f r e d C . W e b s t e r , Treasurer.
St a te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$1,453,382 02
59,562 04
52,481 61
s s e t s
.
Public funds, .
.
.
.
Loan on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
.
.
.
.
Real estate,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Expense account,
Cash on hand...............................
$1,565,426 27
$351,000
9,300
146,025
6.500
51,500
2.500
5,659
244.600
290.600
00
00
00
00
00
00
55
00
00
194,700
259,559
1,665
1,817
00
12
15
45
$1,565,426 27
Loans on Public Funds, amount on each : —
On $8,500 United States 4 s , ............................................................................... $8,500 00
On $1,000 Town of Salisbury n o t e , ..............................................................
800 00
Loans on Bank Stock, amount on each : —
On 5 shares Powow River National Bank, Salisbury,................................... $500 00
On 60 shares First National Bank, M e r r i m a c ,............................................
6,000 00
Invested in real estate (for banking p u r p o s e s ),............................................
Estimated value of the same..................................................................................
Amount of real estate held by foreclosure, .
.
.
.
.
.
.
Assessed value of the s a m e ,...............................................................................
Amount of income received from the s a m e ,.....................................................
Amount of municipal tax on real e s t a t e , .....................................................
$2,500
5,000
5,659
3,100
275
64
00
00
55
00
00
62
Cash on Deposit in Bank: —
Powow River National Bank, S a l i s b u r y ,..................................................... $259,559 12
Whole amount of interest or profits received or earned,
.
.
.
.
$85,106 50
Rate and amount of each semi-annual dividend fur previous ) 2J per cent., f 33,672 12
y e a r , ............................................................................... J 2^ per cent., (
34,373 31
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 : 6T8r
(Last extra dividend in 1872.)
The total amount of loans,with each specified rate of interest: $27,000, 4
percent.; $100,000, 4£ percent.; $185,300, 5 per cent.; $17,000,
per
cent; $25,000, 5§ per cent.; $262,400, 6 per cent.; $2,500, 6^ per cent.;
$124,700, 7 per cent.; $1,800,
per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885. ]
289
P U B L IC D O C U M E N T — N o. 8
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h , ............................................................................................266
Aggregate amount of the s a m e , ............................................ ........
.
. $251,200 00
5,000 00
Amount of investments from which no income is received..............................
Number of open a c c o u n t s , .......................................................................4,477
Number and amount of deposits (including dividends), received for pre
vious year.............................................................................................
2,744
279,540 40
Number and amount of deposits of and exceeding $300 at anyone time,
for the previous y e a r ,................................................................................. 174
89,673 00
Number and amount of withdrawals,*............................................
2,226
211,741 93
Number of accounts opened the previous y e a r , .......................................526
Number of accounts closed the previousy e a r , ...................................... 363
Amount of expenses of the corporation during previous year,
.
.
.
3,572 36
Amount of treasurer’s b o n d ,................................................................................
20,000 00
Date of examination by commissioner : October 6.
P u b l ic F u n d s .
Par Value.
United States currency 6s,
$20,000
State and city bonds : —
State of Maine,
. . . .
of Rhode Island, .
.
City of Newton 6s, .
.
.
.
of Augusta, Me., 6s,
of Springfield 6s,
of Portsmouth, N. H., 6s,
of Holyoke 6s, .
of Bangor, Me., 6s, .
of Lawrence 6s,
of Fall River 6s,
of Fall River 5s,
of Portland, Me., 6s,
»
of Manchester, N. H , 6s, .
of Chelsea 6s, .
of Cambridge 6s,
of Dover, N. H , 6s, .
of Charlestown 6s, .
.
21,000
5,000
2,000
10,000
10,000
5,000
5,000
45,000
5,000
20,000
10,000
40,000
17,000
54,000
48,000
4,000
30,000
Estimated
Market Value.
$25,600 00
22,890
5,700
2,560
10,600
12,800
5,750
6,150
56,250
5,500
24,400
12,200
49,500
20,400
60,480
53,040
4,280
32,600
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$351,000 $410,700 00
Amount Invested.
$20,000 00
21,000
5,000
2,000
10,000
10,000
5,000
5,000
45,000
5,000
20,000
10,000
40,000
17,000
54,0( 0
48,000
4,000
30,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$351,000 00
B a n k St o c k .
First Ward Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston,.
Second Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Commonwealth Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
4,900
1,800
3,500
4,900
5,000
3,500
$5,700
5,586
2,682
4,095
5,047
5,650
4,340
00
00
00
00
00
00
00
$5.000
4,900
1,800
3,500
4,900
5,000
3,500
00
00
00
00
00
00
00
290
B A N K C O M M IS S IO N E R S ’ R E P O R T
B a n k St o c k —
Concluded.
Par Value.
Exchange Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston, .
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, .
Republic Nat’l Bank, Boston, .
Traders’ Nat’l Bank, Boston, .
City Nat’l Bank, Boston, .
Shoe and Leather Nat'l B’k, Boston,
Webster Nat’l Bank, Boston, .
Maverick Nat’l Bank, Boston,.
Eliot Nat’l Bank, Boston,
First Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Revere Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Old Boston Nat’l Bank, Boston, * .
Faneuil Hall Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Bay State Nat’l Bank, Lawrence, .
Railroad Nat’l Bank, Lowell, .
Powow River Nat’l Bank, Salisbury,
Georgetown Nat’l B’k, Georgetown,
[Jan.
$5,000
7,500
2,500
5,000
7,500
4,000
3,500
5,700
3,500
3,000
2,200
1,500
8,000
1,500
1,000
2,500
4,000
2,000
4,200
1,500
3,500
7,500
6,000
2,150
2,600
2,500
3,375
4,200
5,000
5,000
Estimated
Market Value.
$5,700
8,775
2,450
5,500
8,700
4,520
3,675
6,384
4,620
3,330
3,300
1,995
10,240
1,395
1,100
2,375
4,000
4,460
5,124
2,985
4,025
8,850
6,180
2,580
3,380
3,425
4,950
4,830
8,250
4,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$146,025 $174,698 00
Amount Invested.
$5,000
7,500
2,500
5,000
7,500
4,000
3,500
5,700
3,500
3,000
2,200
1,500
8,000
1,500
1,000
2,500
4,000
2,000
4,200
1,500
3,500
7,500
6,000
2,150
2,600
2,500
3,375
4,200
5,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
oo
00
00
00
00
00
00
00
$146,025 00
R a il r o a d B o n d s .
Eastern Railroad 6s
. . .
Boston and Albany Railroad 7s,
Boston and Maine Railroad 7s,
West Amesbury Branch Railroad 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$42,000
10,000
5,000
5,000
$47,040
12.000
6,100
5,500
$62,000
$70,640 00
00
00
00
00
$31,500
10,000
5,000
5,000
00
00
00
00
$51,500 00
P U B L IC D O C U M E N T — N o. 8.
1885.]
291
QUINCY SAYINGS BANK — QUINCY.
Incorporated 1845.
Number of corporators, 47.
G e o r g e L. G i l l , Treasurer.
C h a r l e s M a r s h , President.
State m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$1,108,832 90
7,125 85
26,500 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Bailroad bonds,
.
Beal estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans .to counties, cities or
t o w n s ,...................................
Loan on bank book,.
Deposit in bank, on interest, .
Expense account,
Premium account, .
Cash on hand, .
.
.
.
$1,142,458 75
$55,500
100
120,796
2,000
75.000
116,839
489,999
228,350
00
00
99
00
00
36
03
00
20.000
150
16,315
215
15,681
1,510
00
00
88
56
25
68
$1,142,458 75
Loan on Public Funds : —
On $100 United States 4s,
$ 10 0 00
Loans on Bank Stock, amount on each: —
On 10 shares Mt. Wollaston Nat’l Bank, Q u i n c y , ....................................$1,000 00
On 10 shares Granite Nat’l Bank, Q u i n c y ,..................................................... l.°0 ° 00
Amount of real estate held by foreclosure,..................................................... $116,839 36
Assessed value of the s a m e , ................................... ...........................................
110,350 00
Amount of income received from the same, . .
.
•
•
•
5,78100
Amount of municipal tax on real estate,
. .
•
•
• •
•
1,776 22
Cash on Deposit in Bank : —
Granite National Bank, Q u i n c y ,.......................................................................$16,315 88
$52,209 02
Whole amount of interest or profits received or earned,
.
.
.
.
15',718 08
Bate and amount of each semi-annual dividend for previous ) 1^ per cent., f
20,865 91
y e a r , ............................................................................... ’ 2 per cent., (
Times for the dividends fixed by the by-laws : first Tuesday in April and
October.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 7£. (Last extra dividend April, 1875.)
The total amount of loans, with each specified rate of interest: $22,000, 4
percent.; $165,000, 4^ per cent.; $150,850, 5 per cent.; $69,300, 5^ per
cent.; $271,796.03, 6 per cent.; $7,000, 6^ per cent.; $42,653,7 per
cent.; $4,700,
per cent.; $7,300,
per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................238
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
292
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[ J an.
Aggregate amount of the same...............................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,....................................................................... 4,212
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 3,200
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................... 181
Number and amount of withdrawals, .
A
.
.
.
.
2,857
Number of accounts opened the previous y e a r , ................................... 543
Number of accounts closed the previous y e a r , ....................................... 355
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : March 14.
$283,997 '00
10,800 00
292,427 81
108,293 00
258,081 42
2,972 57
22,000 00
P u b lic F u n d s .
Par Value.
City and town bonds : —
City of Lawrence 6s,
of Providence, R. 1 , 5s, .
of Somerville os,
Town of Pawtucket, R. I., 5s, .
$5,000
5.000
40,500
5.000
$55,500
Bank
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 N’l Bank, Boston,
New England Nat’l Bank, Boston, .
Granite Nat’l Bank, Quincy, .
Mt. Wollaston Nat’l Bank, Quincy,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$5,500
5,900
45,360
5,500
00
00
00
00
$62,260 00
Amount Invested.
$5,000
5.000
40,500
5.000
00
00
00
00
$55,500 00
St o c k .
$800
$1,040 00
1,500
1,740 00
1,700
2,057 00
2,000
2,280 00
2,000
2,000 00
3,300
3,696 00
6,200
7,254 00
2,500
3,325 00
2,600 ' 3,042 00
3,000
3,600 00
3,000
2,790 00
6,700
6,901 00
7,500
9,600 00
25,000
24,250 00
1,800
2,142 00
1,900
2,090 00
7.400
7,622 00
3,400
3,230 00
5,000
6,700 00
12,600
15,750 00
10,000
13,000 00
$109,900 $124,109 00
$844
1,500
1,706
2,475
2,000
3,338
6,909
2,657
2,800
3,450
3,635
6,925
9,600
25,655
1,991
2,244
8,468
3,587
6,525
13,885
10,600
00
00
20
33
00
08
25
50
00
00
00
00
00
00
75
00
50
00
00
38
00
$120,796 99
P U B L IC D O C U M E N T — N o . 8.
1885.]
293
R a il r o a d B o n d s .
*
Old Colony Railroad 7s, .
Vermont & Massachusetts R.R 5s, .
Connecticut & Passumpsic Rivers
Railroad 7 s , ................................
Fitchburg Railroad 5s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Par Value.
Estimated
Market Value.
Amount Invested.
$20,000
25,000
$24,800 00
27,500 00
$20,000 00
25,000 00
25,000
5,000
29,250 00
5,500 00
25,000 00
5,000 00
$75,000
$87,050 00
$75,000 00
294
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
RANDOLPH SAYINGS BANK — RANDOLPH.
Incorporated 1851.
Number of corporators, 61.
J. W h it e B e l c h e r , President.
H ir a m C. A l d e x , Treasurer.
St a te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$793,793 88
3,811 22
29,473 50
s s e t s
.
Public funds, . ,
.
Bank stock...................................
Loans on bank stock,
Railroad bonds,
Loans on railroad stock, .
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Cash on hand, .
.
.
.
$120,000
252,300
3,800
127,000
800
7,400
'
200,479
75,800
00
00
00
00
00
39
00
00
13,000 00
24,736 14
1,763 07
$827,078 60
$827,078 60
Loans on Bank Stock, amount on each : —
On 30 shares North Easton National B a n k ,.....................................................
On 6 shares Randolph National Bank, ..............................................................
On 3 shares Rockville National Bank, Rockville, C t .,...................................
$3,000 00
500 00
300 00
Loans on Railroad Stock: —
On 5 shares Boston and Albany R a il r o a d ,.....................................................
On 5 shares Old Colony Railroad,.......................................................................
O
o
r-T
Amount of real estate held by fore clo su re ,.....................................................
Assessed value of the s a m e ,................................................................................
Amount of income received from the s a m e ,.....................................................
Amount of municipal tax on real e s t a t e , .....................................................
* $300 00
500 00
39
2,500 00
231 20
37 44
Cash on Deposit in Bank : —
Randolph National Bank, R a n d o lp h ,.............................................•
.
$24,736 14
$43,458 32
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous j 2 per cent., f
15,157 61
15,364 36
y e a r , ........................................................................................ J 2 per cent., 1
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: 6J. (Last extra dividend in 1871.)
The total amount of loans, with each specified rate of interest: $ 10,000, 4
percent.; $25,000, 4£ per cent.; $25,000, 4| per cent.; $51,000, 5 per
cent.; $97,000, 5£ per cent.; $51,200, 6 per cent.; $15,300, 6£ per cent.;
$13,400, 7 per cent.; $379, 7 ^ per cent.; $3,200, 7^ per cent.; $2,400, 8
per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..........................................................................................................70
*
This bank has been notified that this loan is illegal,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8 .
295
Aggregate amount of the same,
.
.
. ’ ............................................ $73,579 00
..............................................................2,292
Number of open accounts,
Number and amount of deposits (including dividends), received for previ
ous year.................................................................................................
1,115
140,417 09
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year, ................................................................................ 67
35,898 89
Number and amount of w ith d ra w a ls,............................................. 975
124,523 72
Number of accounts opened the previous y e a r , ............................... 272
Number of accounts closed the previous year,
.
.
.
.
. 231
Amount of expenses of the corporation during previous year,
.
.
.
1,210 07
Amount of treasurer’s b o n d ,...............................................................................
15,000 00
Date of examination by commissioner : October 22.
P u b lic F u n d s .
Par Value.
United States bonds,
.
$44,000
.
City and town bonds: —
City of Portland, Me.,
of Springfeld, .
.
.
of Brockton, . . . .
of Lawrence, . . . .
of L y n n ,................................
Town of South Abington,
10,000
15,000
25,000
16,000
5,000
5,000
Estimated
Market Value.
$49,092 00
10,500
20,850
26,310
18,560
4,850
5,050
00
00
00
00
00
00
$120,000 $135,212 00
Amount Invested.
$44,000 00
10,000
15,000
25,000
16,000
5,000
5,000
00
00
00
00
00
00
$120,000 00
B a n k St o c k .
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Blue Hill Nat’l Bank, Milton, .
Boston Nat’l Bank, Boston,
Central Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
Nat’l Bank of Commerce, 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,
Exchange Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,.
Hide and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, Boston, .
Manufacturers’ Nat’l Bank,Boston, .
Market Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Merchandise Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$0,700
5,000
9,700
1,600
5,000
5,200
5,000
6,600
6,300
5,000
5,000
2,000
10,300
2,700
2,500
5,000
10,000
4,600
4,000
7,500
15,000
2,400
$14,574 25
5,862 50
9,991 00
1,776 00
5,637 50
3,120 00
5,500 00
7,326 00
7,150 50
5,187 50
5,287 50
2,455 00
10,557 50
3,078 00
2,637 50
6,000 00
11,625 00
5,221 00
3,880 00
7,032 50
19,950 00
2,280 00
$12,562 50
5,000 00
12,000 00
1,600 00
5,000 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
3,346 00
6,762 50
10,269 88
4,993 75
4,000 00
7,500 00
19,962 62
2,400 00
296
B A N K C O M M IS S IO N E R S ’ R E P O R T ,
B a n k St o c k
— Concluded.
Estimated
Market Value.
Amount Invested.
$894 00
6,650 00
8,400 00
5,150 00
16,537 50
4,393 75
3,442 50
9,975 00
5,293 50
4,250 00
1,953 00
5,200 00
3,437 50
1,010 00
14,165 00
5,775 00
6,000 00
4,000 00
1,625 00
$800 00
6.300 00
8,034 13
5,000 0)
19,888 00
4,700 00
3,245 25
10,500 00
4,876 00
5,000 00
2,100 00
5,000 00
3,681 25
1,000 00
9,700 00
5,078 12
5,000 00
2,500 00
1,300 00
$222,300 $254,281 00
$252,300 00
Par Value.
Metropolitan Nat’l Bank, Boston, .
New England Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston,.
Revere Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Shoe and Leather Nat’l B’k, Boston,
State Nat’l Bank, Boston,
Third Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Central Nat’l Bank, Lynn,
City Nat’l Bank, Lynn,
Home Nat’l Bank, Brockton, .
Taunton Nat’l Bank, Taunton,
Union Nat’l Bank, Weymouth,
[Jan
$800
5,000
7,000*
5,000
15,000
3,700
3,000
10,500
4,600
5,000
2,100
5,000
2,500
1,000
9,700
3,500
5,000
2,500
1,300
R a il r o a d B o n d s.
Old Colony Railroad,
Eastern Railroad.............................
Boston & Maine Railroad,
Boston & Albany Railroad,
Fall River Railroad,
$60,000
37,500
14,500
5,000
10,000
$70,200
42,000
17,835
6,000
10,800
00
00
00
00
00
$127,000 $146,835 00
* This bank has been notified that this investment is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$60,000
37,500
14,500
5,000
* 10,000
00
00
00
00
00
$127,000 00
P U B L IC
1885.]
D O C U M E N T — N o. 8.
297
ROCKLAND SAYINGS BANK — ROCKLAND.
Incorporated 1868.
Number of corporators, 44.
R. J. L a n e , President.
E. R. S t u d l e y , Treasurer.
S tatem ent.
4
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$423,461 81
4,570 18
8,500 00
s s e t s
.
Public funds................................
Bank stock,
.
.
.
.
Loans on bank books,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Expense account,
Insurance,
.
.
.
.
Profit and loss, .
.
.
.
Cash on hand, .
.
.
.
$436,531 99
$15,000
75,088
300
28,000
100
247,340
49,105
00
55
00
00
00
00
31
10,000
2,197
367
280
804
7,947
00
85
30
92
25
81
$436,531 99
Loan on Bank Stock: —
On 5 shares Granite National Bank, Q u i n c y , ............................................
$300 00
Amount of real estate held by foreclosure,.....................................................
Assessed value of the s a m e , ...............................................................................
Amount of municipal tax on real e s t a t e , .....................................................
$100 00
125 00
1 52
Cash on Deposit in Bank: —
Abington National B a n k , ......................................................................
$2,197 85
$24,004 74
Whole amount of interest or profits received or earned,
.
.
.
.
7,991 11
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
8,069 09
y e a r , ........................................................................................ i 2 per cent., 1
Times for the dividends fixed by the by-laws: January and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend : 7
(Last extra dividend in 1873.)
The total amount of loans, with each specified rate of interest: $61,500, 5
per cent.; $239,345, 6 per cent.; $5,900, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each.................................................................................................................... 385
211,245 00
Aggregate amount of the s a m e , .......................................................................
100 00
Amount of investments from which no income is received, .
.
.
.
Number of open accounts,
.
.
.
.
.
.
•
•
1,589
Number and amount of deposits (including dividends), received for pre
96,451 94
vious y e a r , ..................................................................................................1,080
Number and amount of deposits of and exceeding $300 at any one time,
27,548 00
for the previous year, .....................................................................................55
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o . 8.
299
SALEM FIVE CENTS SAVINGS BA N K — SALEM.
Incorporated 1855.
W
i l l ia m
Number of corporators, 127.
II . J e l l y , President.
C h a r l e s H . H e n d e r s o n , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$2,591,162 87
74,589 28
80,000 00
s s e t s
.
$344,000
21,000
509,580
146,775
20,000
46,067
537,505
906,750
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Railroad bonds,
Railroad note, .
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$2,745,752 15
00
00
00
00
00
86
00
00
89,000 00
120,000 00
5,074 29
$2,745,752 15
Loans on Public Funds : —
On $21,000 United States b o n d s ,.......................................................................$21,000 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,
Cash on Deposit in Banks, amount in each : —
Asiatic National Bank, Salem,
Exchange National Bank, Salem, .
First National Bank, Gloucester, .
$46,067
45,600
4,585
758
86
00
64
73
I
$90,000 00
20,000 00
10,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
$138,634 81
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f 47,629 03
year................................................................................................ 1 2 per cent., 1
49,212 27
Times for the dividends fixed by the by-laws: February and August.
The total amount of loans, with each specified rate of interest: $15,000, 3|
percent.; $95,000, 3|-per cent.; $181,375, 4 per cent.; $44,000, 4J per
cent.; $375,000, 4J per cent.; $50,000,4f per cent.; $296,400,4£ per cent.;
$55,000, 4| per cent.; $135,000, 5 per cent.; $23,000, 5£ per cent.; $157,975,6 per cent.; $84,050, 6£ per cent.; $130,650, 7 per cent.; $78,580,
7tSq per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each.................................................................................................... 213
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,..............................................................8,429
Number and amount of deposits (including dividends), received for pre
vious year, .......................................................................
•
5,700
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
291,755 00
536,503 96
300
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.............................................................................. 393 $226,381 04
Number and amount of w ith draw als,............................................
3,980 418,350 21
N um ber of accounts opened the previous year,
.
.
.
.
1,140
Number of accounts closed the previous y e a r , ................................... 823
A m ou n t of expenses of the corporation during previous year,
.
.
.
$7,709 52
Amount of treasurer’s b o n d ,................................................................................
25,000 00
Date df examination by commissioner: June 12.
P u b l ic F u n d s .
Par Value.
$40,000
United States bonds,
City bonds : —
City of Meriden, Conn., .
of Waterbury, Conn.,
of Lewiston, Me.,
of Hartford, Conn., .
of Portsmouth, N. H.,
of Gardiner, Me.,
of Biddeford, Me., .
of Salem..................................
of Fall River, . . . .
of Lawrence, . . . .
of Haverhill, . . . .
of Springfield, . . . .
of Somerville, . . . .
of L y n n ,................................
of Chelsea,
. . . .
of Fitchburg, . . . .
65,000
20,000
25,000
10,000
3,000
10,000
10,000
10,000
25,000
35,000
10,000
41,000
10,000
20,000
5,000
5,000
Estimated
Market Value.
$45,500 00
71,000
24,600
28,300
11,300
3,420
10,600
10,000
11,500
30,000
40,250
11,850
52,290
10,600
23,200
5,650
5,700
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$344,000 $395,760 00
Amount Invested.
$40,000 00
65,000
20,000
25,000
10,000
3,000
10,000
10,000
10,000
25,000
35.000
10,000
41,000
10,000
20,000
5,000
5,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$344,000 00
B a n k St o c k .
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,
Freeman’s Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
10,000
15,000
7,900
20,000
8,300
15,000
16,500
8,500
11,400
10,000
13,300
7,300
3,500
2,500
9,100
$15,000
11,700
15,450
8,848
23,000
9,130
18,600
18,315
9,605
11,742
10,500
16,226
7,446
4,550
4,975
9,555
00
00
00
00
00
CO
00
00
00
00
00
00
00
00
00
00
$10,000
10,000
15,000
7,900
20,000
8,300
15,000
16,500
8,500
11,400
10,000
13,300
7,300
3,500
2,500
9,100
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
1885.]
301
P U B L IC D O C U M E N T — N o. 8
B a n k Stock — Concluded.
Par Value.
Globe Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, 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,
Mt. Vernon. Nat’l Bank, Boston,
New England Nat’l Bank, Boston, .
North Nat’l Bank, Boston,
North America Nat’l Bank, Boston,
Old Boston Nat’l Bank, .
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 National Bank, Boston, .
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, .
Naumkeag Nat’l Bank, Salem,
Salem Nat’l Bank, Salem,
$20,000
7,000
8,500
9,700
10,000
2,200
15,500
6,000
33,300
5,000
9,100
20,000
11,700
6,350
2,000
20,400
7,200
5,700
9,500
7,500
15,000
8,300
10,000
4,400
5,000
10,530
10,000
900
15,300
8,400
1^,900
25,900
Estimated
Market Value.
$19,600
8,400
9,860
10,961
9,700
2,024
16,585
5,700
44,289
6,250
12,103
24,000
12,051
7,620
2,200
24,072
10,728
6,498
9,025
8,400
12,750
7,719
10,300
6,028
5,050
14,040
11,800
1,125
17,901
11,256
14,933
31,080
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$509,580 $588,690 00
Imount Invested.
$20,000
7,000
8,500
9,700
10,000
2,200
15,500
6,000
33,300
5,000
9,100
20,000
11,700
6,350
2,000
20,400
7,200
5,700
9,500
7,500
15,000
8,300
10,000
4,400
5,000
10,530
10,000
900
15,300
8,400
10,900
25,900
00
00
00
00
00
00
00
00
00
oo
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$509,580 00
R ailr o ad B onds .
Fitchburg Railroad,
Old Colony Railroad,
Fitchburg Railroad,
Boston and Maine Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$25,000
20,000
50,000
50,000
$25,375
21,400
50,000
50,000
00
00
00
00
$145,000 $146,775 00
$25,375
21,400
50,000
50,000
00
00
00
00
$146,775 00
302
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
SALEM SAYINGS BANK — SALEM.
Incorporated Jan. 29, 1818.
W
il l ia m
Number of corporators, 186.
N o r t h e y , President.
W
il l ia m
H. S im o n d s , J r ., Treasurer.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$6,535,339 99
23,124 79
186,000 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Railroad notes, .
.
.
.
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$2,000,000
16.500
570.000
12,300
112.000
100,000
60,000
61.500
902,165
1,969,500
00
00
00
00
00
00
00
00
00
00
773,450 00
146,020 37
21,029 41
$6,744,464 78
$6,744,464 78
Loans on Public Funds, amount on each : —
On $1,000 United States 4 s , .....................................................
On $500 United States 4 J s , .....................................................
On $20,000 town of Peabodv 4s, . * ...................................
00
00
15,000 00
Loans on Bank Stock, amount on each: —
On 50 shares Asiatic National Bank, Salem, .
.
.
.
On 90 shares Lincoln National Bank, Boston,
On 75 shares Metacomet National Bank, Fall River, .
Invested in real estate (for banking purposes),
Estimated value of the sam e,.....................................................
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,
$300 00
7,000 00
5,000 00
.
$60,000
75,000
61,500
58,750
4,637
1,735
00
00
00
00
00
49
.
$46,828
59,192
20,000
10,000
10,000
35
02
00
00
00
Cash on Deposit in Banks, amount in each : —
First National Bank, Boston,.....................................................
Shawmut National Bank, Boston,.............................................
First National Bank, Gloucester,.............................................
Mercantile National Bank, Salem, .
.
.
Exchange National Bank, Salem, .............................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
P U B L IC
303
D O C U M E N T — N o. 8
Whole amount of interest or profits received or earned,
.
.
•
• $345,796 50
Rate and amount of each semi-annual dividend for previous t 2 per cent., ( 124,299 90
y e a r , ............................................................................... I 2 per cent., \ 125,729 87
Times for the dividends fixed by the by-laws: third Wednesday in April
and October.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 7. (Last extra dividend in 1873.)
The total amount of loans, with each specified rate of interest: $60,000,
3| per cent.; $60,000, 31 per cent.; $399,000, 4 per cent.; $50,000, 4J
per cent.; $250,000, 4| per cent.; $1,102,350 4| per cent.; $50,000, 4j| per
cent.; $884,600, 5 per cent.; $30,000, 5| per cent.; $30,000, 5§ per cent.;
$243,500, 5£ per cent.; $544,470, 6 per cent.; $37,470,6£ per cent.; $5,700,
7 per cent.; $26,825, 7t8q per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
. 158
each,
.....................................................
Aggregate amount of the same,
16,291
Number of open accounts,
for preNumber and amount of deposits (including
9,027
vious y e a r , ............................................
me time,
. 614
for the previous y e a r ,..............................................................
8.581
Number and amount of w ithdraw als,...................................
1,591
Number of accounts opened the previous year,
1,389
Number of accounts closed the previous year,
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,.....................................................
Date of examination by commissioner : October 3.
218,065 00
987,810 77
346,677 00
815,061 02
12,938 27
30,000 00
P u b l ic F u n d s .
Par Value.
United States 4Js, registered, .
United States 4s, registered, .
State, city and town bonds: —
Ohio 6 s , ........................................
City of Boston,
.
. ■.
of Bath, Me., . . . .
of Bangor, Me.,
of Columbus, Ohio, .
of Cleveland, Ohio, .
of Cambridge, . . . .
of Charlestown,
of Chelsea,
.
of Detroit, Mich , .
.
of Fall River, .
.
.
of Fitchburg, . . . .
of Holyoke...............................
of Indianapolis, Ind.,
of L y n n ,................................
of Lowell,
. . . .
of Lawrence, . . . .
of Manchester, N. H.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$250,000 $284,688 00
48,800 00
40,000
$255,000 00
40,000 00
10,600 00
264,875 00
7,333 00
23,650 00
111,760 00
96,758 00
15,450 00
56,000 00
19,450 00
60,590 00
79,340 00
30,600 00
78,650 00
109,580 00
72,725 00
56,000 00
64,620 00
120,500 00
10,000 00
230,000 00
7,000 00
20,000 00
110,000 00
96,000 00
15,000 00
50,000 00
17,000 00
60,000 00
64,000 00
30,000 00
65,000 00
107,000 00
70,000 00
50,000 00
54,000 00
100,000 00
10,000
230,000
7,000
20,000
110,000
89,000
15,000
50,000
17,000
56,000
64,000
30,000
65,000
107,000
70,000
50,000
54,000
100,000
304
BANK
C O M M IS S IO N E R S ’ R E P O R T .
P u b l ic F u nd s
— Concluded.
Par Value.
City of Pawtucket, R. I , .
of Providence, R. I.,
of Salem,................................
of Somerville, . . . .
Town of Arlington, . . . .
of Everett, . . . .
of Marblehead,
of Milford, . . . .
of Malden, . . . .
of Winchester,
[Jan
$10,000
262,000
114,000
30,000
10,000
2,000
22,000
15,000
50,000
35,000
Estimated
Market Value.
$11,100
292,960
127,635
30,300
11,450
2,290
25,300
16,725
57,250
40,250
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$10,000
262,000
114,000
30,000
10,000
2,000
22,000
15,000
50,000
35,000
00
00
00
00
00
00
00
00
00
00
$1,984,000 $2,227,229 00 $2,000,000 00
B a n k St o c k .
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
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,
Nat’l B’k of Commonwealth, Boston,
Freeman’s Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,.
Hide and Leather N’l Bank, Boston,
Merchandise Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston,
Nat’l Bank of Republic, Boston,
Revere Nat’l Bank, Boston,
Second Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Suffolk National Bank, Boston,
State Nat’l Bank, Boston,
Tremont 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 B’k, Marblehead,
Nat’l Grand Bank, Marblehead,
First Nat’l „<ank, Chelsea,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$10,000
1,000
7,300
2,500
20,500
28,000
50,200
5,000
11,400
12,( 00
7,800
12,400
58,300
27,400
12,500
16,500
49,800
17,300
7,500
10,000
4,000
20,000
18,480
8,500
13,400
2,000
48,150
9,800
10,000
10,000
700
2,000
4,500
10,000
$15,025
1,173
7,537
2,875
22,550
34,720
55,722
5,675
12,027
14,400
9,048
11,780
77,393
32,880
13,781
21,203
59,138
25,777
8,606
11,275
4,690
20,750
25,872
10,030
16,750
2,355
64,762
13,426
12,200
11,400
889
2,300
5,175
12,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$528,930 $645,184 00
$10,000
1,000
7,300
2,500
22,300
28,000
50,200
5,000
11,400
13,850
8,502
12,400
75,500
28,400
13,750
20,855
50,300
18.100
8,250
11,000
4,500
20,000
20,328
8,900
14,740
2,000
48,150
12,380
10,500
10,000
700
2.000
4,995
12,200
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$570,000 00
1885.]
P U B L IC
D O C U M E N T — N o. 8
305'
R a il r o a d B o n d s .
Par Value.
Fitchburg Railroad, . . . .
Boston, Clinton, Fitchburg & New
Bedford Railroad,
Old Colony Railroad,
Providence & Worcester Railroad, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested
$50,000
$55,500 00
$53,500 00
25,000
20,000
12,000
28,375 00
21,350 00
14,160 00
25,000 00
20,000 00
13,500 00
$107,000 $119,385 00
$112,000 00
306
BANK
[Jan
C O M M IS S IO N E R S ’ R E P O R T
SEAM EN’S SAYINGS BA N K — PROYINCETOW N.
ft
Incorporated April 14, 1851.
Number of corporators, 82.
L y s a n d e r N. P a i n e , President.
J o se p h H. D y e r , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$347,031 15
11,745 74
8,451 64
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate...................................
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Furniture and safes,
Cash on hand, .
.
.
.
$367,228 53
$7,000
113,824
2,861
56,022
1,330
70,054
47,128
36,845
00
62
00
50
29
90
54
58
19,500
8,045
2,623
1,992
00
41
49
20
$367,228 53
Loans on Bank Stock, amount on each : —
On 20 shares First National Bank, P r o v in c e to w n ,....................................$1,780
On 8 shares Freeman’s National Bank, B o s t o n ,............................................ )
On 4 shares Shawmut National Bank, B o s t o n ,.................................... >
On 3 shares State National Bank, Boston............................................................
On 3 shares National Bank of the Republic, B o sto n ,.................................... C
On 2 shares Union Market National Bank, Watertown,
.
.
.
.'
On 4 shares Freeman’s National Bank, Boston.................................................
00
j^g qq
700 00
225 00
Invested in real estate (for banking p u r p o s e s ) ,.............................................$1,330 29
Estimated value of the sa m e ,................................................................................
1,075
Amount of real estate held by foreclosure, .....................................................
70,054
Assessed value of the same.....................................................................................
64,840
Amount of income received from the same, .
.............................................
3,770
Amount of municipal tax on real e s t a t e , .....................................................
1,136
00
90
00
74
20
Cash on Deposit in Banks, amount in each : —
Freeman’s National Bank, Boston.......................................................................$3,045 41
5,000 00
First National Bank, P ro vin ce to w n ,..............................................................
Whole amount of interest or profits received or earned
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 1J per cent., j
year, ■ .
................................................................................j 1J 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: 3J.
The total amount of loans, with each specified rate of interest: $12,000,5
percent.; $50,955.84,6 per.cent.; $25,756, 6£ per cent.; $2,383.28,7 per
cent.; $240, 8 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each ,..................................................................................................87
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$18,187 84
5,133 46
5,040 18
1885.]
307
PUBLIC DOCUMENT — No. 8.
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received .
.
.
.
Number of open a c c o u n t s ,....................................................................... 1.601
Number and amount of deposits (including dividends), received for pre
vious y e a r , .................................................................................................... 501
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year......................................................................................... 35
Number and amount of withdrawals, .
.
.
.
•
•
• 763
Number of accounts opened the previous y e a r , ................................... 153
Number of accounts closed the previous y e a r , ....................................... 178
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,..................................................... ........
Date of examination by commissioner : Aug. 21.
.
.
$64,835 00
32,942 46
58,078 95
17,482 75
70,405 18
2,322 00
20,000 00
P u b lic F u n d s .
Amount Invested.
$2,365 00
4,220 00
$2,400 00
4,600 00
$6,000
$6,585 00
$7,000 00
lO
City of Fall River 6s,
of Columbus, O., 6s,
Estimated
Market Value.
©
©
oo ©
o
Tar Value.
Ba n k St o c k .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Blue Hill Nat’l Bank, Milton,.
Boston Nat’l Bank, Boston,
Nat’l City Bank, Boston, .
Central 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,
Globe Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Home Nat’l Bank, Brockton, .
Mount Vernon Nat’ l Bank, Boston,
Manufacturers’ Nat’ l Bank, Boston,
Market Nat’l Bank, Boston,
No. America Nat'l Bank, Boston, .
Old Boston Nat’l Bank, Boston,
First Nat’l Bank, Provincetown,
Nat’l Bank of the Republic, Boston,
Revere Nal’l Bank, Boston,
Second Nat’l Bank, Boston,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$2,500
2,000
1,000
7,600
1,000
5,000
2,500
5,000
5,000
8,000
2,500
1,500
500
5,000
2,500
1,000
1,300
2,000
5,400
5,000
7,900
1,700
10,100
3,000
4,500
1,000
$2.931
2,060
1,110
8,569
1,100
3,000
2,593
6,137
5,125
8,440
2,468
1,702
550
6,275
2,425
935
1,339
2,400
8,532
6,400
9,381
2,533
11,842
3,382
4,680
1,010
25
00
CO
00
00
00
75
50
00
00
75
50
00
00
00
00
00
00
00
00
25
00
25
50
00
00
$94,500 $106,922 75
$3,175
2,500
1,000
7,600
1,000
10,432
3,131
6,000
6,575
8,000
3,562
1,500
540
6,250
2,871
1,190
1,490
3,300
6,820
5,541
8,693
1.700
10,100
4,187
5,473
1,190
00
00
00
00
00
50
25
00
00
00
50
00
00
00
88
00
88
00
00
67
02
00
00
50
42
00
$113,824 62
308
BANK COMMISSIONERS’ REPORT
[Jan
R ailroad B onds.
Par Value.
Fitchburg Railroad 5s,
Boston, Revere Beach & Lynn R.R.6s,
Boston & Lowell R. R. 5s,
Boston, Clinton & Fitchburg R.R. 7s,
Vermont & Massachusetts R.R. 5s, .
Estimated
Market Value.
$26,000
10,000
5.000
3.000
6.000
$28,990
11,150
5,300
3,360
6,600
00
00
00
00
00
$50,000
$55,460 00
Amount Invested.
$29,055
11,425
*5,425
3,457
6,660
00
00
00
50
00
$56,022 50
* This hank was notified that this investment was illegal and these bonds have since been
disposed of.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PUBLIC DOCUMENT — No. 8.
1885.]
309
SHELBURNE FALLS SAYINGS BANK — SHELBURNE FALLS.
Incorporated 1855.
Number of corporators, 54.
F. A. B a l l , President.
A . K. H a w k s , Treasurer.
St a t e m e n t .
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
A ssets.
$860,816 48
832 19
20,900 00
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est,
...................................
Cash on hand, .
.
.
.
$256,000
57,800
6,200
60,000
4,000
383,494
96,317
13,813
$882,548 67
00
00
00
00
00
21
21
35
4,530 02
393 88
$882,548 67
Loan on Bank Stock: —
On 62 shares Shelburne Falls National Bank..................................................... $6,200 00
Invested in real estate (for banking purposes)....................................................$4,000 00
Estimated value of the sam e,...............................................................................
4,000 00
Amount of municipal tax on real e s t a t e , .....................................................
48 82
Cash on Deposit in Banks, amount in each: —
National Revere Bank, B o s t o n , .......................................................................$4,813 35
Shelburne Falls National B a n k , .......................................................................
13,530 02
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous } 2 per cent., $
y e a r , .......................................................................
) 2 per cent., (
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: $486,011.42,
5 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each, ................................................................................................. . 380
Aggregate amount of the s a m e , .....................................................
Number of open a c c o u n t s ,..............................................................
3,462
Number and amount of deposits (including dividends), received for1 previous y e a r , ........................................................................................
1,986
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.......................................................................
. 121
Number and amount of w ith d raw als,............................................
1,336
Number of accounts opened the previous year,
.
.
.
.
423
Number of accounts closed the previous year,
.
•
.
.
318
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,..............................................................
Date of examination by commissioner : February 13.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
¡>45,018 43
16,119 20
16,554 23
288,554 42
182,875 61
69,097 69
156,252 45
1,845 97
00
310
BANK COMMISSIONERS’ REPORT.
P u b l ic
F u nd s.
Estimated
Market Value.
Amount Invested.
$100,000 $115,000 00
$100,000 00
Par Value.
United States bonds,
City bonds : —
City of Boston,
. . . .
of Fall River, . . . .
of L y n n ,................................
of Providence, R. I .,.
of Milwaukee, VVis.,
[Jan.
50,000
49,000
12,000
15,000
30,000
56,000
55,000
13,500
17,000
35,000
00
00
00
00
00
$256,000 $291,500 00
50,000
49,000
12,000
15,000
30,000
00
00
00
00
00
$256,000 00
B ank Stock .
Shelburne Falls Nat’l Bank, .
First Nat’l Bank, Northampton,
Conway Nat’l Bank, Conway,.
Adams Nat’l Bank, North Adams, .
Nat’l Bank of Redemption, Boston, .
00
00
00
00
00
$25,900
10,000
11,900
5,000
5,000
00
00
00
00
00
$25,900
10,000
11,900
5,000
5,000
$31,000
13,000
14,000
6,500
6,000
$57,800
$70,500 00
$57,800 00
$40,009
20,000
$44,000 00
22,000 00
$40,000 00
20,000 00
$60,000
$66,000 00
$60,000 00
Railroad B onds.
Fitchburg Railroad, . . . .
Vermont & Massachusetts Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PUBLIC DOCUMENT — No. 8
1885.]
311
SOUTH ADAMS SAYINGS BANK — ADAM S.
Incorporated 1869.
H e n r y J. B l is s , President.
Number of corporators, 9.
H arvey H. W
e l l in g t o n ,
Treasurer.
Statem ent.
A ssets.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
$604,308 55
2,694 33
15,800 00
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Expense account,
Premiums,
.
.
.
.
Insurance,...................................
Interest unpaid,
Cash on hand, .
.
.
.
$622,802 88
$78,500
40,050
22,000
7,500
238,745
146,050
00
00
00
00
00
00
20,000
65,646
530
3,500
9
207
64
00
61
40
00
68
17
02
$622,802 88
»
Amount of real' estate held by foreclosure...........................................................$7,500 00
Assessed value of the s a m e ,................................................................................
5,700 00
Amount of income received from the s a m e ,.....................................................
300 00
Amount of municipal tax on real e s t a t e , .....................................................
77 40
Cash on Deposit in Bank: —
First National Bank, A d a m s,............................................................................... $65,646 61
Whole amount of interest or profits received or earned,
. . . . .
Rate and amount of each semi-annual dividend for previous j 2 per cent., f
year,
................................................................................12 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: 4J.
The total amount of loans, with each specified rate of interest: $20,000, 4
per cent.; $3,200, 5 per cent.; $50,000, 5J per cent.; $328,345, 6 per
cent.; $3,250, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
. 174
each,
........................................................................................
Aggregate amount of the same....................................................
1,716
N umber of open a c c o u n t s ,.....................................................
preNumber and amount of deposits (including dividends), received for• pre
4,945
vious year, ................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
. 100
for the previous y e a r ,..............................................................
1,055
N umber and amount of w ith d raw als,....................................
Number of accounts opened the previous year..........................................325
N umber of accounts closed the previous year,
.
.
.
.
.
262
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$32,366 09
11,264 37
11,544 44
165,145 00
156,828 09
57,707 21
137,810 99
312
BANK COMMISSIONERS’ REPORT.
[Jan.
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner: April 25.
$1,752 18
50,000 00
P u b l ic F u n d s .
Par Value.
United States bonds,
“
“
4Js, .
.
City and town bonds : —
City of Somerville, . .
of Providence, R. I .,.
of Lowell,
. .
of Cambridge, . .
of Boston,
. .
Town of Adams,
. .
District of Columbia,
.
.
.
.
.
.
.
.
.
.
.
.
.
$22,000
15,000
Estimated
Market Value.
$26,620 00
18,750 00
00
00
00
00
00
00
Amount Invested.
$22,000 00
15,000 00
5.000
1.000
1,000
1,000
3,000
20,500
00
00
00
00
00
00
5.000
1.000
1,000
1,000
3,000
20,500
5,250
1,180
1,120
1,100
3,575
23,575
10,000
11,375 00
10,000 00
$78,500
$92,545 00
$78,500 00
$17,600
7,500
2,500
500
2,500
2,500
2,500
200
2,500
1,750
$24,500
9,000
3,750
575
3,500
3,750
2,650
280
2,700
2,250
$17,600
7,500
2,500
500
2,500
2,500
2,500
200
2,500
1,750
$10,050
$52,955 00
B a n k St o c k .
First Nat’l Bank, Adams,
Berkshire Nat’l Bank, No. Adams, .
Adams Nat’l Bank, No. Adams,
Third Nat’l Bank, Pittsfield, .
First Nat’l Bank, Newburyport,
First Nat’l Bank, Woburn,
Franklin Co. Nat’l Bank, Gi'eenfield,
Lancaster Nat’l Bank, Clinton,
Lincoln Nat’l Bank, Boston, .
Lee Nat’l Bank, Lee,
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$40,050 00
R a il r o a d B o n d s.
Vermont & Massachusetts R. R.,
Nashua & Worcester Railroad,
Fitchburg Railroad,
Boston & Albany Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
$10,000
5,000
2,000
5,000
$11,100
5,450
2,180
6,125
$22,000
$24,855 00
$10,000
5,000
2,000
5,000
00
00
00
00
$22,000 00
1885.]
PUBLIC DOCUMENT— No. 8
313
SOUTHBRIDGE SAYINGS BANK — SOUTHBRIDGE.
Incorporated 1848.
R
obert
Number of corporators, 79.
H. C o l e , President.
C h a r l e s D. M o n r o e , Treasurer.
Sta te m e n t.
A ssets.
L ia b il it ie s .
Deposits, .
$1,154,384 77
Earnings undivided, .
20,631 57
Guaranty fund, .
20,600 00
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Expense account,
Premiums,
.
.
.
.
Steel safe,...................................
Tax and expense on print
w o r k s ,....................................
Cash on hand, .
.
.
.
$497,000
40,000
58,319
900
98,000
210,100
215,000
00
00
88
00
00
00
00
11,000
42,000
948
18,350
800
00
00
22
00
00
2,360 79
837 45
$1,195,616 34
$1,195,616 34
Loan on Public Funds: —
On $40,000 United States b o n d s ,.......................................................................$40,000 00
Loans on Bank Stock, amount on each : —
On 10 shares Southbridge National Bank, Southbridge,
.
.
.
.
On 6 shares Blackstone National Bank, B o s to n ,............................................
$300 00
600 00
Cash on Deposit in Bank: —
Southbridge National Bank, Southbridge,
.
.............................................$42,000 00
Whole amount of interest or profits received or earned.................................... $55,188 99
Rate and amount of each semi-annual dividend for previous 1 2 per cent., J 21,602 50
year................................................................................................ J 2 per cent., 1 22,127 48
Times for the dividends fixed by the by-laws : first Wednesday in 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: $51,000, 4
percent.; $133,000, 44 per cent.; $70,000, 5 per cent.; $125,500, 6 per
cent.; $70,000, 6 4 per cent.; $27,500, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................104
96,600 00
Aggregate amount of thesame,
.
.
.
.
.
.
.
.
.
800 00
Amount of investments from which no income is received, .
.
.
.
Number of open accounts,
.
.
. > ............................................... 3,045
Number and amount of deposits (including dividends), received for pre
185,741 36
vious year, ..................................................................................................1,664
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
314
BANK COMMISSIONERS’ REPORT,
[Jan
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,............................................................................... 110
$62,606 18
Number and amount of w ith d raw als,............................................
1,356 160,661 82
Number of accounts opened the previous y e a r , ................................... 355
Number of accounts closed the previous y e a r , ....................................296
Amount of expenses of the corporation during previous year,
.
.
.
3,064 71
Amount of treasurer’s b o n d ,................................................................................
30,000 00
Date of examination by commissioner: June 20.
P u b lic F u n d s .
Par Value.
$30,000
135,000
5,000
United States 4s, 1907,
United States 4^s, 1891, .
District of Columbia 7s, .
City and town bonds : —
City of Cambridge 6s,
of Charlestown 6s, .
of Lynn 6s,
. . .
of Newton 6s, . . . .
of Salem 5s,
of YVaterbury, Conn., 7s, .
of Chelsea 6s, .
of Chelsea 4^s,
of Holyoke 6s, .
of Lawrence 6s,
of New Bedford 6s, .
of New Bedford 5s, .
of Lowell 4s, .
of Springfield 7s,
of Worcester 6s,
of Fall River 6s, . .
of Portland, Me., Cs, .
of Fitchburg 6s,
Town of Arlington 6s,
of Brookline 7s,
of Malden 6s,
. . .
of Northampton 6s,
of Pawtucket, R. I., 5s, .
of Beverly 4s,
. . .
of Woburn 6s,
21,000
13,000
8,000
5,000
10,000
10,000
12,000
18,000
20,000
10,000
5,000
10,000
15,000
10,000
10,000
26,000
9,000
5,000
10,000
20,000
20,000
20,000
20,000
10,000
10,000
Estimated
Market Value.
$36,300 00
152,500 00
6,100 00
24,360
14,560
8,960
5,850
10,800
13,000
13,920
18,540
24,400
11,600
6,550
12,000
15,150
10,700
11,300
31,572
9,450
5,600
11,200
26,000
22,600
22,600
22,200
10,300
11,400
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$497,000 $569,510 00
Amount Invested „
$30,000 00
136,600 00
5,700 00
22,300
14,000
8.000
5,000
10,000
10,000
12,200
18,000
20,000
10,000
5,000
10,000
15,000
10,000
10,900
27,450
9,000
5,000
10,200
20,000
20,000
20,000
21,500
10,000
10,000
00
00
00
00
OO
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$505,850 00
B a n k St o c k .
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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,000
1,800
1,200
500
10,000
• 2,200
$4,040
2,100
1,320
600
11,000
3,100
00
00
00
00
00
00
$4,000
1,800
1,200
500
13,400
2,200
00
00
00
00
00
00
1885.]
315
PUBLIC DOCUMENT — No. 8
Bank Stock — Concluded.
Par Value.
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,
City Nat’l Bank, Worcester, .
Quinsigamond Nat’l B’k, Worcester,
Leicester Nat’l Bank, Leicester,
Southbridge Nat’l B’k, Southbridge,
$2,500
2,000
1,000
5,000
1,000
500
1,800
2,000
2,400
13,800
$51,700
Estimated
Market Value.
$2,750
2,600
1,200
6,000
1,100
600
1,980
2,200
2,832
19,320
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$2,500
2,000
1,150
6,050
1,236
635
2,016
2,380
2,762
14,490
00
00
00
00
25
63
00
00
00
00
$62,742 00
$58,319 88
$12,000
30,000
25,000
12,000
3,750
6,000
$39,700
28,100
20,000
10,000
3,700
5,900
R a il r o a d B o n d s .
Boston & Albany Railroad 7s,
Boston <fo Maine Railroad 7s, .
Boston & Lowell Railroad 7s,
Old Colony Railroad 7s, .
Fitchburg Railroad 7s,
Fitchburg Railroad 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$35,000
25,000
20,000
10,000
3,000
5,000
00
00
00
00
00
00
$98,000 $118,750 00
00
00
00
00
00
00
$107,400 CO
316
BANK COMMISSIONERS’ REPORT.
[Jan
SOUTH BOSTON SAYINGS BANK — BOSTON.
Incorporated 1863.
Number of corporators, 69.
T h o m a s H i l l s , President.
E d w a r d H . B a r t o n , Treasurer.
Statem en t.
.
L ia b il it ie s .
Deposits,
Earnings undivided, .
Guaranty fund, .
Charges on mortgages,
Real estate suspense
account, .
A ssets.
$1,341,569 15
7,696 46
39.000 00
399 65
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Cash on hand, .
20.000 00
■
$1,408,665 26
$97,935
98,320
1,000
50,000
71,427
578,120
440,000
67,506
4,355
75
00
00
00
61
00
00
26
64
$1,408,665 26
1
Invested in real estate (for banking p u r p o s e s ) ,............................................ $50,000 00
Estimated value of the sam e,....................................T;
50,000
Amount of real estate held by foreclosu re,...........................................
71,427
Assessed value of the same, .
.
65,900
Amount of income received from the s a m e ,...........................................
5,803
Amount of municipal tax on real e s t a t e , .................................................2,118
00
61
00
39
20
Cash on Deposit in Banks, amount in each : —
Maverick National Bank, Boston..................................................................... $5,544
Tremont National Bank, B o s t o n ,.............................................................
16,690
Howard National Bank, B o s t o n ,.............................................................
27,085
National Bank of Republic, B o s t o n , ........................................................ 18,186
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
y e a r , ................................................................................J
2 per cent., 1
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. 4^.
The total amount of loans, with each specified rate of interest: $75,000,
4| per cent.; $517,000, 5 per cent.; $69,320, 5J per cent.; $230,800, 6
percent.; $60,550, 6£ per cent.; $46,200, 7 per cent.; $13,500, 7£ per
cent.; $5,750, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................192
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
N umber of open a c c o u n t s ,..................................................... ........
9,226
Number and amount of deposits (including dividends) received for pre
vious y e a r , .........................................................................................
10,090
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 257
Number and amount of withdrawals,............................................
6,277
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
58
53
03
12
$68,848 06
23,105 85
24,051 32
270,220 00
5,000 00
487,179 61
131,3S9 49
390,857 52
1885.]
PUBLIC DOCUMENT — No. 8
317
Number of accounts opened the previous year, .
.
.
.
1,216
Number of accounts closed the previous year,
.
.
.
.
1,028
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner: July 29.
$6,67643
20,000 00
P u b l ic F u n d s .
Par Value.
City and town bonds: —
City of Chelsea,
. . . .
of Bangor, Me.,
of New London, Conn., .
of Portland, Me.,
of Norwich, Conn., .
of Fall River, . . . .
Town of Brockton, -.
of Scituate, . . . .
of Hyde Park,
of Everett, . . . .
$7,000
8,000
10,000
15.000
24.000
10.000
10,000
10,000
5.000
1.000
Estimated
Market Value.
$7,980
8,960
13.000
18.000
27,360
12,400
10,275
10,100
5,050
1,140
00
00
00
00
00
00
00
00
00
00
$100,000 $114,265 00
Amount Invested.
$6,860
7,320
10,000
13,775
24.000
10.000
10,000
10,000
5,000
980
00
00
00
00
00
00
00
00
00
75
$97,935 75
B a n k St o c k .
Atlas Nat’l Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Columbian Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Merchandise Nat’l Bank, Boston, .
Massachusetts Nat’l Bank, Boston,
Nat’l B’k of North America, Boston,
Nat’l Shoe and Leather B’k, Boston,
Suffolk Nat’l Bank, Boston,
Third Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Tremont Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
$11,100
7.500
6,000
10,000
6,000
2,300
4.500
4.500
500
5,000
10,500
2,200
15,( 00
13,300
$12,820
8,137
7,440
12,000
5.925
2,185
4,860
4,635
476
5,625
8.925
2,046
15,450
13,399
50
50
00
00
00
00
00
00
88
00
00
00
00
75
$98,400 $103,925 63
$11,100
7.500
6,000
10,000
6,000
2,300
4.500
4.500
500
5,000
10,420
2,200
15,000
13,300
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$98,320 00
R a il r o a d B o n d s .
New Bedford Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
$1,000
$1,220 00
$1,000 00
[Jan.
BANK COMMISSIONERS’ REPORT.
318
SOUTH SCITUATE SAVINGS BANK — SOUTH SCITUATE.
Incorporated April 2, 1834.
Number of corporators, 28.
E b e n e z e r T. F o g g , Treasurer.
P e r e z S im m o n s , President.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$452,465 32
4,015 87
9,480 00
s s e t s
.
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.........................................
Deposit in banks, on interest, .
Cash on hand, .
.
.
.
$465,961 19
$56,505
1,000
32,364
287,983
. 49,772
00
00
00
42
18
28,945 00
6,341 41
3,050 18
$465,961 19
Loans on Bank Stock : —
On 15 shares South Weymouth National B a n k ,............................................ $1,000 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,
$32,364
28,928
1,194
387
00
00
67
42
Cash on Deposit in Banks, amount in each : —
Boston National Bank, Boston,
Manufacturers’ National Bank, Boston,
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous j 2 per cent.,
y e a r , ................................................................................i 2 per cent,
Times for the dividends fixed by the by-laws: last Saturday in January
and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend : 7^. (Extra dividend in 1875.)
The total amount of loans, with each specified rate of interest: $5,000, 4
percent.; $64,425, 5 per cent.; $15,350, 5J per cent.; $219,100.57, 6 per
cent.; $63,825.03, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each.................................................................................................... 375
Aggregate amount of the s a m e , ............................................
Amount of investments from which no income is received, .
1,205
Number of open a c c o u n t s ,..............................................................
Number and amount of deposits (including dividends) received fci pre314
vious y e a r , ........................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
16
for the previous year...........................................................................
412
Number and amount of w ith d ra w a ls,............................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,321 41
1,0 2 0 00
$19,879 88
8.900 00
8,996,68
234,700 71
1,000 00
47,576 03
10,868 00
42,585 18
1885.]
P U B L IC
DOCUMENT — No. 8.
319
Number of accounts opened the previous y e a r , ........................... 77
Number of accounts closed the previous y e a r , ................................... 63
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner: June 17.
$1,183 00
10,000 00
B a n k St o c k .
Par Value.
Atlantic Nat’l Bank, Boston, .
City Nat’l Bank, Boston, .
Columbian Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Hingham Nat'l Bank, Hingharn,
Massachusetts Nat’l Bank, Boston, .
North Nat’l Bank. Boston,
Shawmut Nat’l Bank, Boston, .
New England Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
Second Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Merchandise Nat’ l Bank, Boston, .
Boston Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Traders’ Nat’ l Bank, Boston, .
Washington Nat’l Bank, Boston,
Union Nat’ l Bank, Wet mouth,
Fourth Nat’l Bank, Boston,
Union Market N’l B’k, Watertown,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
¡$1,000
2,300
3,200
2,300
800
300
1,400
1,500
1,500
2,800
500
4,500
1,300
1,000
1,000
2,000
1,700
3,000
1,000
1.800
4,800
2,300
1,600
4,300
2,600
1,300
$51,800
Estimated
Market Value.
$1,502
2,530
3,968
2,432
982
300
1,582
1,800
2,000
2,800
537
5,433
1,490
1,347
1,375
2,075
2,533
3,495
950
2,023
5,700
2,239
2,084
5,460
2,834
1,556
50
00
00
25
00
00
00
00
00
00
50
75
75
50
00
00
00
00
00
50
00
00
00
00
00
75
$61,031 50
Amount Invested.
$1,300
2,300
4,000
2,300
800
300
1,400
1,500
1,500
3,556
500
4,700
1,300
1,000
1,188
2,000
1,900
4,000
1,000
2,016
4,800
2,300
1,600
4,300
2,600
2,400
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$56,505 00
BANK COMMISSIONERS’ REPORT.
320
[Jan
SOUTH W EYM OUTH SAVINGS BANK — SOUTH W EY M O U T H .
Incorporated 1868.
J o s ia h R
eed,
Number of corporators, 34.
A . E. V
President.
i n in g ,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$405,591 06
8,862 09
8,000 00
s s e t s
.
Public funds, .
Bank stock,
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns, .
.
.
.
Deposit in bank, on interest,
Suspense account,
Premium account, .
Cash on hand, .
$422,453 15
$14,000
124,231
300
30,500
7,650
137,401
95,481
00
87
00
00
00
00
39
5,000
2,861
13
4,791
222
00
18
75
25
71
$422,453 15
.
.
Amount of real estate held by foreclosure, .
.
.
.
Assessed value of the s a m e ,.....................................................
Amount of income received from the same, .
.
.
.
Amount of municipal tax on real estate,
.
.
.
.
•
•
•
.
.
.
.
&
CO
o
o
Loan on Bank Stock : —
On 3 shares First National Bank, South Weymouth,
00
$7,650
8,300
515
132
00
00
24
35
Cash on Deposit in Bank : —
First National Bank, South Weymouth,
.
.
.
.
$2,861 18
Whole amount of interest or profits received or earned,
$22,675 35
9,103 23
Rate and amount of each semi-annual dividend for previous 1 2.) per cent., )
y e a r , ........................................................................................... I 2J per cent., 1
9,434 56
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^. (Last extra dividend in 1875.)
The total amount of loans, with each specified rate of interest: $16,500,
4 percent.; $11,587.45, 4^ per cent.; $15,093.08, 5 per cent.; $7,500,5^
per cent.; $10,700, 5^ per cent.; $5,000, 5| per cent.; $158,524.68, 6 per
cent.; $15,056.18, 6£ per cent.; $2,500, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ..............................................................................................................160
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Number of open a c c o u n t s ,....................................................................... 1.053
Number and amount of deposits (including dividends), received for pre
vious y e a r , .................................................................................................. 616
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year, ................................................................................
54
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
130,005 08
1,51375
80,650 84
30,069 55
1885.] '
321
PUBLIC DOCUMENT — No. 8.
. 451
Number and amount of w ithdrawals,............................................
. 135
Number of accounts opened the previous year,
.
77
Number of accounts closed the previous y e a r , ...................................
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,.............................................................
Date of examination by commissioner : October 20.
$48,784 38
1,181 10
10,000 00
I
P u b l ic F u n d s .
Par Value.
City and town bonds : —
City of Fall River 4s,
of Worcester 4is,
Town of Holbrook 4s,
Estimated
Market Value.
Amount Invested.
$5,000
5.000
4.000
$5,050 CO
5,250 00
4,000 00
$5,000 00
5.000 00
4.000 00
$14,000
$14,300 00
$14,000 00
B a n k St o c k .
Atlantic Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston,
Columbian Natl Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Continental Nat’l Bank, Boston,
*Eliot Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Howard Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
Manufacturers’ Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
New England Nat’l Bank, Boston, .
Nat’l Bank of No. America, Boston,
Nat’l Bank of Redemption, Boston,
Revere Nat’l Bank, Boston,
Republic Nat’l Bank, Boston, .
Shawmut Nat’ l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston,
So. Weymouth N’lB’k,So. Weymouth,
Second Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$6,000 00
8,418 75
4,836 00
5,425 00
3,090 00
6,720 00
1,586 25
3,950 00
5,662 50
4,646 25
7,275 00
1,845 00
5,370 00
6,180 00
8,400 00
5,343 75
5,110 00
8,587 50
4,787 50
7,800 00
3,000 00
2,025 00
3,838 75
6,060 00
$5,540 25
8,203 99
4,994 62
5,000 00
3,232 75
6,095 88
1,639 00
4,131 75
5,000 00
4,575 87
7,238 75
1,800 00
5,330 50
6,530 25
9,166 50
5,325 00
5,017 50
8,253 00
4,775 00
7,351 00
2,835 00
2,021 75
3,978 62
6,194 81
$110,500 $125,987 25
$124,231 87
$1,000
7,500
3,900
5,000
3,000
5,G00
1,500
4.000
5,000
3,500
7,500
2,000
4,000
6,000
7,500
4,500
4,000
7,500
5,000
6,000
2,000
1,800
3,700
6,000
322
BANK COMMISSIONERS’ REPORT.
[Jan
R a il r o a d B o n d s .
Par Value.
Boston & Albany Railroad 6s,.
Vermont & Massachusetts R. R. 5s,
Fitchburg Railroad 6s,
Fitchburg Railroad 7s,
Old Colony Railroad 7s, .
Old Colony Railroad 6s, .
Boston & Maine Railroad 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
$10,000
5.000
4.000
3.000
3.000
4.000
1,500
$11,800
5,550
4,620
3.720
3,562
4.720
1,815
00
00
00
00
00
00
00
$30,500
$35,787 00
'
Amount Invested.
$10,000
5.000
4.000
3.000
3.000
4.000
1,500
00
00
00
00
00
00
00
$30,500 00
323
P U B L IC D O C U M E N T — N o. 8
1885.]
SPENCER SAVINGS BANK — SPENCER.
Incorporated 1871.
Number of corporators, 26.
A. T. J o n e s , Treasurer.
E r a st u s J o n e s , President.
Sta te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$372,354 87
10,148 58
5,475 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Expense account,
Premiums,
.
.
.
.
$387,978 45
$94,000
31,600
4,000
12,000
143,144
64,117
00
00
00
00
79
00
15,000
17,760
516
5,840
00
15
51
00
$387,978 45
Loan on Bank Stock: —
On 40 shares Spencer National Bank, Spencer................................................... ..........
00
Cash on Deposit in Bank: —
Spencer National Bank, Spencer............................................................................
17,760 15
18.021 55
Whole amount of interest or profits received or earned,
.
.
.
.
6,812 49
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
6,900 47
y e a r ,........................................................................................ i 2 per cent., L
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 31-51.
The total amount of loans with each specified rate of interest: $17,760.15,
3 per cent.; $15,000, 4 per cent.; $50,917, 5 per cent.; $159,794.79, 5J
per cent.; $550, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each................................................................................................................. 123
105,319 79
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,.............................................................. 1,423
Number and amount of deposits (including dividends), received for pre
90,500 98
1,246
vious y e a r , ..............................................................
time,
Number and amount of deposits of and exceeding
17,951 78
. 53
for the previous y e a r ,..............................................................
80,284 49
. 918
Number and amount of w ith d raw als,....................................
. 274
N u m b er o f accounts opened the previous year,
. 253
N u m b er o f accounts closed the previous year,
949 68
Amount of expenses of the corporation during previous year
20,000 00
Amount of treasurer’s b o n d ,.....................................................
Date of examination by commissioner: July 9.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
324
B A N K C O M M IS S IO N E R S ’ R E P O R T .
P
u b l ic
F u n d s.
Par Value.
City and town bonds: —
City of Columbus, 0 , 4s,.
of New Bedford 4s, .
of Belfast, Me., Cs, .
of Bangor, Me.j 7s, .
of Lynn 4s................................
Town of Peabody 4s,
of Beverly 4s,
of Northampton 6s,
of Hopkinton 4s, „
of Spencer 4s,
[Jan.
Estimated
Market Value.
$10,000
5,000
3,000
3,0n0
10,000
10,000
12,000
1,000
5,000
35,000
$10,050
5,000
3,000
3,540
10,200
10,100
12,120
1,120
5,050
35,350
$04,000
$95,530 00
00
00
00
00
00
00
00
00
00
00
Amount Invested.
$10,000
5,000
3,000
3,000
10,000
10,000
12,000
1,000
5,000
35,000
00
00
00
00
00
00
00
00
00
00
$94,000 CO
B a n k St o c k .
Speneer Nat’l Bank, Spencer,
First Nat’l Bank, Wcstborough,
First Nat’l Bank, Webster,
Central Nat’l Bank, Worcester,
Mechanics’ Nat’l Bank, Worcester,.
First Nat’l Bank, Worcester, .
City Natl Bank, Worcester, .
Redemption Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
State Nat’l Bank, Boston,
Commonwealth Nat’l Bank, Boston,
Webster Nat’l Bank. Boston, .
North Nat’l Bank, Boston,
Leicester Nat’l Bank, Leicester,
$8,500
700
2,500
500
2,500
1,200
3,200
600
300
1,500
5,600
1,100
2,000
1,400
$31,600
R
a il r o a d
Eastern Railroad 6s,
. . .
Old Colony Railroad 6s, .
Boston & Maine Railroad 7s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$9,350
735
2,625
715
3,100
1,980
3,840
660
348
1,755
6,356
1,111
2,400
1,624
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$8,500
700
2,500
500
2,500
1,200
3,200
600
300
1,500
5,600
1,100
2,000
1,400
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$36,599 00
$31,600 00
$5,000
3,000
4,000
$5,600 00
3,525 00
4,910 00
$5,000 00
3,000 00
4,000 00
$12,000
$14,035 00
$12,000 00
B o n ds.
1 8 8 5 .]
325
P U B L IC D O C U M E N T — N o. 8
SPRINGFIELD FIVE CENTS SAVINGS BANK — SPRINGFIELD.
Incorporated 1851.
Number of corporators, 39.
J o se p h C. P y x c h o n , President.
D a n ie l J. M a r s h , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earningsaindividcd, .
Guaranty fund, .
.
$1,839,774 76
6.672 19
29,000 00
A
s s e t s
.
Public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate...................................
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loan on bank book,
Deposit in banks, on interest, .
Personal property, .
Cash on hand, .
.
.
.
$1,875,446 95
$59,000
91,600
17,950
189,700
78,275
1,080,720
293,250
200
44,800
6,000
13,951
00
00
00
00
00
00
00
00
00
00
95
$1,875,446 95
Loans on Bank Stock, amount on each : —
On 20 shares City National Bank, Holyoke,
On 12 shares Agawam National Bank, Springfield,
On 10 shares City National Bank, Springfield,
On 10 shares Third National Bank, Springfield, .
On 5 shares Second National Bank, Springfield, .
On 53 shares Third National Bank, Springfield, .
On 15 shares First National Bank, Springfield,
On 5 shares Palmer National Bank, Palmer,
On 3 shares Third.National Bank, Springfield,
On 20 shares City National Bank, Springfield,
On 10 shares Chapin National Bank, Springfield, .
On 25 shares John Hancock National Bank, Springfield,
On 14 shares Second National Bank, Springfield,
On 4 shares Chicopee National Bank, Springfield,
On 2S shares First National Bank, Springfield,
On 8 shares Second National Bank, Springfield, .
On 5 shares Third National Bank, Springfield,
Invested in real estate (for banking purposes),
Estimated value of the sam e,............................................
Amount of real estate held by foreclosure,
Assessed value of the s a m e , ............................................
Amount of income received from the same, .
Amount of municipal tax on real estate,
$1,909
1,200
1,000
700
500
500
400
350
300
00
00
00
00
00
00
00
00
00
|
3,000 00
|
4,000 00
|
4,100 00
$189,700
189,700
78,275
66,300
4,989
2,167
00
00
00
00
02
20
$9,800
10,000
20,000
5,000
00
00
00
00
Cash on Deposit in Banks, amount in each : —
Pynchon National Bank, Springfield, .
.
.
.
Second National Bank, Springfield,
.
.
.
.
Agawam National Bank, Springfield, .
.
.
.
City National Bank, Springfield,...................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
326
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
Whole amount of interest or profits received or earned,
.
.
.
.
$84,096 59
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f 33,104 59
y e a r , ............................................................................... i 2 per cent., 1
34,175 51
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 time of, and
including, last extra dividend: 7. (Extra dividend in 1857.)
The total amount of loans, with each specified rate of interest: $1,392,120,
5 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................... 261
.
.
Aggregate amount of the s a m e , ............................................ .........
360,870 00
Amount of investments from which no income is received,
14,400 00
Number of open a c c o u n t s ,....................................................................... 6,744
Number and amount of deposits (including dividends) received for pre
vious y e a r , ................................................................................................18,851
538,361 40
Number and amount of deposits of and exceeding $300 at any one time for
the previous y e a r , ................................................................................... 423
264,925 21
Number and amount of w ith draw als,......................................................4,502
441,129 90
Number of accounts opened the previous year,
.
.
.
.
1,356
Number of accounts closed the previous year,
.
.
.
.
1,064
Amount of expenses of the corporation during previous year,
5,409 21
Amount of treasurer’s b o n d ,..............................................................
30,000 00
Date of examination by commissioner : April 23.
P u b lic F u n d s .
United States coupons, 4s,
«
“
“
“
H
reg.
4 1a
4s,
City bonds : —
City of Springfield coupons, 6s,
Par Value.
Estimated
Market Value.
Amount Invested.
$50,700
600
700
$61,347 00
678 00
847 00
$50,700 00
600 00
700 00
7,000
8,750 00
7,000 00
$59,000
$71,622 00
$59,000 00
$25,000
15,000
14,375
19,075
11,550
6,720
6,600
9,450
6,000
6,080
2,400
1,500
$22,400
12,000
11,500
10,900
7,000
5,600
5,500
5,400
5,000
3,800
1,500
1,000
B a n k St o c k .
Agawam Nat’l Bank, Springfield, .
Chapin Nat’l Bank, Springfield,
John Hancock N’l B’k, Springfield,
Pynclion Nat’l Bank, Springfield, .
Chicopee Nat’l Bank, Springfield, .
City Nat’l Bank, Worcester, .
Ware National Bank, Ware, .
Second Nat’l Bank, Springfield,
City Nat’l Bank, Springfield, .
First Nat’l Bank, Chicopee,
Hadley Falls Nat’l Bank, Holyoke,.
Monson Nat’l Bank, Monson, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,000
12,000
11,500
10,900
7,000
5,600
5,500
5,400
5,000
3,800
1,500
1,000
00
00
00
00
00
00
00
00
00
00
00
00
$89,200 $123,750 00
00
00
00
00
00
00
00
00
00
00
00
00
$91,600 00
327
P U B L IC D O C U M E N T — N o. 8
1885.]
SPRINGFIELD INSTITUTION FOR SA Y IN G S — SPRINGFIELD.
Incorporated, 1827.
Number of corporators, 64.
J o h n B . S t e b b in s , President.
H e n r y S. L e e , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$8,241,276 90
63,996 86
151,000 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad bonds and
s t o c k s ,....................................
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Deposit in banks, not on inter
est,
....................................
Cash on hand, .
.
.
.
$8,456,273 76
$2,216,650
3,150
893.000
147,900
443.000
00
00
00
00
00
29,650
104.500
90,550
2,896,950
1,041,500
00
00
00
00
00
303.500 00
208.000 00
18,527 79
59,395 97
$8,456,273 76
Loans on Public Funds, amount on each : —
On $2,000 United States 4s, 1907............................................................................$1,150 00
On $2,000 United States 4£s, 1892..........................................................................
2,000 00
Loans on Bank Stock, amount on each : —
On 224 shares First National Bank, Springfield,.................................................. $20,800 00
On 101 shares Second National Bank, S p r i n g f i e l d ,...................................
9,800 00
On 121 shares Third National Bank, Springfield,............................................
11,600 00
On 58 shares Agawam National Bank, Springfield...........................................
6,300 00
On 39 shares Chapin National Bank, S p r i n g f i e l d , ....................................
2,950 00
On 258 shares Chicopee National Bank, Springfield..........................................
24,150 00
On 290 shares City National Bank, Springfield,............................................
27,800 00
On 46 shares John Hancock National Bank, Springfield,
.
.
.
.
3,250 00
On 52 shares Pynchon National Bank, S p r in g f ie ld ,....................................
4,650 00
On 30 shares Holyoke National Bank, H o ly ok e,.............................................
3,000 00
On 22 shares Hadley Falls National Bank, H o ly o k e ,....................................
2,200 00
On 160 shares Home National Bank, H o ly o k e ,.............................................
12,800 00
On 20 shares Northampton National Bank, Northampton, .
.
.
.
1,700 00
On 10 shares First National Bank, A m h e r s t , ............................................
1,000 00
On 37 shares First National Bank, W e s t f i e l d , ............................................
3,700 00
On 13 shares Hampden National Bank, Westfield............................................
300 00
On 25 shares Lee National Bank, L e e , ..............................................................
1,750 00
On 54 shares Palmer National Bank, P a l m e r , ............................................
5,400 00
On 12 shares Second National Bank, B o s t o n , ............................................
250 00
On 30 shares Eagle National Bank, Boston,.....................................................
2,000 00
On 20 shares Redemption National Bank, B o s t o n , ....................................
2,000 00
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
«
328
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Loans on Railroad Bonds and Stocks, amount on each : —
On $1,000 Boston & Albany Railroad 7 s , .....................................................
On 4 shares Boston & Albany Railroad Company’s stock, .
On 285 shares New York, New Haven & Hartford Railroad Company’s
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, .
.
.
.
Amount of income received from the same, .
Amount of municipal tax on real estate,
$1,000 00
150 00
28,500 00
$104,500
104,500
90,550
67,400
2,013
2,052
00
00
00
00
70
40
$30,000
3.000
30.000
30.000
50.000
5.000
00
00
00
00
00
00
Cash on Deposit in Banks, amount in each : —
Agawam National Bank, Springfield, .
Chicopee National Bank, Springfield, .
City National Bank, Springfield................................
John Hancock National Bank, Springfield, .
Third National Bank, Springfield.............................
Home National Bank, Holyoke,
.
.
.
.
First National Bank, Northampton,
Hampshire County National Bank, Northampton,
Athol National Bank, A th o l,....................................
Palmer National Bank, Palmer,
.
20.000 00
25.000 00
10.000 00
5.000 00
Whole amount of interest or profits received or earned,
$410,845
Rate and amount of each semi-annual dividend for previous >2 per cent K 153,027
y ear> ........................................................................................ .......... per cent ( 150,380
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. (Last extra dividend in 1864.)
The total amount of loans, with each specified rate of interest: $191,900,
4 per cent.; $15,000, 4^ percent.; $130,600, 4£ per cent.; $3,905,150, 5
per cent.; $10,000, 6£ per cent.; $170,000, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,................................................................................................. .....
Aggregate amount of the s a m e , ....................................................................... 1,156,550
Amount of investments from which no income is received, .
.
.
.
21,950
Number of open accounts,
.
.
.
.■
.
.
. 2 0 864
Number and amount of deposits (including dividends), received for pre
vious y e a r , .........................................................................................19)4g6
2,063,033
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.............................................................. ........
1,462
965,438
Number and amount of withdrawals, .
.
.
.
.
15,669 1,764,059
Number of accounts opened the previous year,
.
.
.
.
3,649
Number of accounts closed the previous year,
.
.
.
.
2,955
Amount of expenses of the corporation during previous year,
15,517
Amount of treasurer’s b o n d ,................................................................................
30,000
Date of examination by commissioner: October 6.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
48
19
83
00
00
18
19
16
17
00
1885.]
329
P U B L IC D O C U M E N T — N o . 8
P
u b l ic
F
u n d s.
Estimated
Market Value.
Amount Invested.
$597,150 $714,413 00
$659,650 00
Par Value.
United States bonds,
State, city and town bonds: —
State of Maine,
. . . .
of New Hampshire,
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 L y n n ,................................
of New Bedford,
of Newburyport,
of Newton,
. . . .
of Salem, .
.
.
.
.
of Springfield, . . . .
of Taunton,
. . . .
of Worcester, . . . .
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............................
of Somerville,
111,500
149,500
161,500
3,000
16,000
10,000
20,000
46,000
5,000
40,000
10,000
87,000
25,000
10,000
20,000
57,000
5,000
40,000
20,000
202,000
30,000
40,000
50,000
76,500
10,000
7,000
59,000
37,000
20,000
40,000
20,000
50,000
30,000
10,000
124,880
178,400
184,100
3,180
17,020
11,800
25,000
52,900
5,900
46,000
11,400
107,880
29,000
11,600
23,200
70,900
5,300
50,200
20.400
251,590
33,600
46,400
61,600
84,915
11,200
7,490
70,900
44,100
22,800
47,300
23,000
52,000
31,800
10,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
120,000
160,500
169,0U0
3,000
16,000
10,000
20,000
46,000
5,000
40,000
10,000
87,000
25,000
10,000
20,000
62,000
5,000
40,000
20,000
202,000
30,000
40,000
54,000
76,500
10,000
7,000
59,000
38,000
20,000
40,000
22,000
50,000
30,000
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
00
00
00
00
00
00
00
00
$2,115,150 $2,492,668 00 $2,216,650 00
B
ank
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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Stock.
$44,000
36,600
35,000
37,000
20,000
50,000
22,500
$70,400
64,050
63,000
48,100
26,000
82,500
29,250
00
00
00
00
00
00
00
$60,000
56,000
56,300
43,000
21,000
70,000
25,000
00
00
00
00
00
00
00
330
BANK
C O M M IS S IO N E R S ’ R E P O R T .
B
ank
Sto ck
— Concluded.
Tar Value.
John Hancock N’l B’k, Springfield,
Pynchon Nat’l Bank, Springfield, .
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’l B’k, Northampton,
Northampton N’l B’k, Northampt’n,
Palmer Nat’l Bank, Palmer, .
Ware Nat’l Bank, Ware, .
Hampden Nat’l Bank, Westfield, .
Phoenix Nat’l B’k, Hartford, Conn.,
Exchange N’l B’k, Hartford, Conn.,
First Nat’i 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,
Nat’l Bank of Commerce, Boston, .
Commonwealth N’l B’k, Boston,
Nat’l Bank of No. America, Boston,
Nat’l Bank of Redemption, Boston,
Nat’l City Bank, Boston, .
Nat’l Eagle Bank, Boston,
Nat’l Exchange Bank, Boston,
Nat’l Hide and Leather B’k, Boston,
Nat’l Revere Bank, Boston,
Nat’l Union 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, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Jan
Estimated
Market Value.
Amount Invested.
$21,375 00
69,650 00
10,000 00
4,050 00
35,805 00
1,875 00
9,000 00
9,900 00
3,900 00
10,000 00
6,960 00
5,400 00
4,920 00
20,475 00
34,710 00
13.500 00
3,750 00
2,210 00
750 00
9,950 00
29,800 00
22,500 00
17,550 00
15,450 00
12,400 00
3,660 00
21,000 00
18,000 00
15,029 00
19,950 00
3,125 00
5,550 00
2,260 00
18,025 00
28,000 00
16,500 00
5,250 00
2,280 00
5,684 00
17,700 00
5,891 00
24,000 00
8,400 00
11,400 00
8,775 00
5,650 00
15,600 00
3,900 00
7,575 00
$17,300 00
62,000 00
10,000 00
2,700 00
31,000 00
1,500 00
5,000 00
8,500 00
3,000 00
10,000 00
4,800 00
5,000 00
4,000 00
17,500 00
31,500 00
12,000 00
2,500 00
1,300 00
500 00
5,OnO 00
20,000 00
18,000 00
15,000 00
15,000 00
10,000 00
3,000 00
20,000 00
15,000 00
13,300 00
19,000 00
2,500 00
5,000 00
2,000 00
17,500 00
27,000 00
15,000 00
5,000 00
2,000 00
5,000 00
15,000 00
4,300 00
23,000 00
7,000 00
10,000 00
7,500 00
5,000 00
15,000 00
3,000 00
7,500 00
$746,900 $1,032,384 00
$893,000 00
$17,100
39,800
10,000
2,700
21,700
1,000
5,000
6,000
3,000
10,000
4,800
4,000
4,000
11,700
26,700
10,000
2,500
1,300
500
5,000
20,000
15,000
15,000
15,000
10,000
3,000
20,000
15,000
13,300
15,000
2,500
5,000
2,000
17,500
25,000
15,000
5,000
2,0o0
4,900
15,000
4,300
20,000
7,000
10,000
7,500
5,000
15,000
3,000
7,500
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8
331
R a il r o a d B o n d s .
Par Value.
Connecticut River Railroad,
Boston & Albany Railroad,
Boston & Maine Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Estimated
Market Value.
Amount Invested.
$100,000 $100,000 00
296,000 353,490 00
30,500 00
25,000
$100,000 00
313,000 00
30,000 00
$421,000 $483,990 00
$443,000 00
332
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
STOCIvBRIDGE SAYINGS B A N K — STOCKBRIDGE.
Incorporated 1871.
Number of corporators, 17.
\
M a son Y a n D e u se n , President.
C. H . W
il l is ,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Premium, .
.
A
$186,026
2,470
1,763
87
29
78
13
13
$190,347 33
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
Ileal estate by. foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, not on inter
est...............................................
Cash on hand, .
.
.
.
$1,820
33,459
2,906
117,191
31,272
00
50
51
78
41
3,467 59
229 54
$190,£47 33
Amount of real estate held by fo re clo su re ,..................................................... $2,903 51
Assessed value of the s a m e , ...............................................................................
1,500 00
Amount of income received from the same, . . ............................................
208 75
Amount of municipal tax on real e s t a t e , ......................................................
13 95
Cash on Deposit in Bank: —
Housatonic National Bank, S t o c k b r id g e ,..................................................... $3,467 59
Whole amount of interest or profits received or earned,
.
.
.
.
$11,083 55
Rate and amount of each semi-annual dividend for previous ( 2^ per cent., f
3,948 30
y e a r , ........................................................................................ t
per cent., \
3,938 43
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 the time of,
and including, last extra dividend : 4£.
The total amount of loans, with each specified rate of interest: $88,495.36,
6 per cent ; $30,956.25, 7 per cent.; $23,465 49, 7 3-10 per cent.
Number of outstanding loans which arc of an amount not exceeding $3,000
e a c h , ..............................................................................................................209
Aggregate amount of the s a m e , ....................................................................... 105,014 19
Number of open a c c o u n t s ,....................................................................... 546
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 421
55,170 07
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 60
31,598 88
Number and amount of w ith d raw als,............................................
343
43,624 64
Number of accounts opened the previous y e a r , ....................................135
Number of accounts closed the previous year...............................................100
Amount of expenses of the corporation during the previous year,
.
.
1,210 95
Amount of treasurer’s b o n d ,................................................................................
15,000 00
Date of examination by commissioner : July 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC
P u b l ic F
u n ds.
Tar Value.
Town bonds : —
Town of Adams,
.
.
333
D O C U M E N T — N o . 8.
.
.
Bank
First Nat’l Bank, Adams,
First Nat’l Bank, Woburn, * .
North Nat’l Bank, Boston,
Lincoln Nat’l Bank, Boston, .
Metropolitan Nat’l Bank, Boston, .
Exchange Nat’l Bank, Boston,
Housatonic Nat’l Bank, Stockbridge,
Berkshire Nat’l Bank, No. Adams, .
Adams Nat’l Bank, North Adams, .
$2,000
Estimated
Market Value.
Amount Invested.
$2,500 00
$1,820 00
St o c k .
$2,500
7.000
2.000
3.000
3.000
2.000
2,200
3,000
300
$25,000
$3.750
9,800
2,
3,300
3,G00
2,610
4,400
3,660
450
00
00
00
00
00
00
00
00
$34,170 00
$2,970
*10,437
2,630
(300 00
3,000
3,540
2,610
4,222
3,600
450
$33,459 50
* This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
50
00
00
00
00
00
00
00
334
[Jan.
B A N K C O M M IS S IO N E R S ’ R E P O R T,
STONEHAM FIVE CENTS SAVINGS BA N K — STONEHAM.
Incorporated 1855.
W
il l i a m
Number of corporators, 47.
B. S t e v e n s , President.
O n s l o w G il m o r e , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$426,476 84
11,577 16
8,746 92
s s e t s
.
Public funds, .
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Expense account,
Profit and loss, .
Cash on hand, .
.
.
.
$446,800 92
$150,000
10,000
21,000
13,404
129,336
30,000
00
00
00
00
23
00
69,000
20,669
1,288
1,218
883
00
91
95
00
83
$446,800 92
Loan on Bank Stock : —
On 100 shares South Reading National Bank, Wakefield,
.
.
.
.
$10,000 00
Amount of real estate held by foreclosure,..................................................... $13,404 00
Assessed value of the s a m e , ...............................................................................
19,950 00
Amount of income received from the s a m e ,.....................................................
674 00
Amount of municipal tax on real e s t a t e , ......................................................
311 54
Cash on Deposit in Bank : —
Blackstone National Bank, Boston,
«
Whole amount of interest or profits received or earned....................................
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
year................................................................................................ ) 2 per cent., \
Times for the dividends fixed by the by-laws : May and November.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 41.
The total amount of loans, with each specified rate of interest: $152,000,
4 per cent.; $10,000, 4^ per cent.; $52,000, 5 per cent.; $101,586.50, 6 per
cent.; $63,749.73, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 132
Aggregate amount of the s a m e , .......................................................................
Amount of investments from whichno income is received, .
.
.
.
Number of open accounts............................................................................... 1,926
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..................................................................................................2,169
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,..................................................................................... 85
Number and amount of w ith draw als,...................................................... 1,433
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,669 91
$20,635 91
7,529 19
7,168 17
103,636 23
425 00
158,551 63
46,179 51
131,718 14
1885.]
335
P U B L IC D O C U M E N T — N o. 8
Number of accounts opened the previous y e a r , ....................................328
Number of accounts closed the previous y e a r , ................................... 190
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : May 17.
$1,230 00
15,000 00
P u b l ic F u n d s .
Par Value.
County, city and town bonds: —
County of Stratford, N. H., 4s,
City of Haverhill 6s,
. . .
of Boston 4s,
of New Bedford 4s, .
of Middletown, Conn., 4s,
of Columbus, O., 4s,
Town of Arlington 6s,
of Sheldon, Vt., 4-Js,
of Beverly 4s,
. . .
of Leominster 4s, .
$10,000
5,000
45,000
20,000
10,000
10,000
10,000
10,000
10,000
20,000
Estimated
Market Value.
$10,500
5,650
48,000
21,000
10,250
10,500
11,500
10,400
10,350
20,600
00
00
00
00
00
00
00
00
00
00
$150,000 $158,750 00
Amount Invested.
$10,137
5,500
45,000
20,500
10,175
10,375
11,000
*11,400
10,250
20,660
00
00
00
00
00
00
60
60
00
00
$153,937 00
R a il r o a d B o n d s .
Vermont & Massachusetts R. R.,
Revere Beach Railroad, .
Boston, Clinton & Fitchburg R. R.,
$10,000
1,000
10,000
$11,075 00
1,122 50
11,700 00
$11,075 00
1,122 50
11,487 00
$21,000
$23,897 50
$23,684 50
* This bank has been notified that this investment is illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
33G
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
SUFFOLK SAYINGS BANK FOR SEAM EN AND OTHERS — BOSTON.
Incorporated 1833.
Number of corporators, 177.
T h o m a s L a m b , President.
Ch a r l e s H
P a r k e r , Treasurer.
enry
Statem ent.
L
ia b il it ie s
.
Deposits,
$17,874,993 10
91,941 89
Earnings undivided, .
Guaranty fund, .
282,293 76
Rents,
8,418 37
5,344 85
Suspense, .
A
s s e t s
.
$2,591,392
100,009
673,055
10,000
1,644,219
200,000
180,585
51,259
6,165,041
5,630,720
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Railroad notes, .
.
.
.
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Deposit in banks, not on intere s t,............................................
Expense account,
Premium account, .
Cash on hand, .
.
.
.
$18,262,991 97
50
00
74
00
50
00
50
52
19
85
337,500 00
419,756 83
225,651
2,374
615
27,818
94
36
27
77
$18,262,991 97
Loan on Public Funds: —
On $100,000 United States 4 s ,................................................................................ $100,000 00
Loans on Bank Stock: —
On 100 shares Spencer National Bank and 20 shares Natick National Bank,
$10,000 00
Invested in real estate (for banking p u r p o s e s ) ,............................................. $180,585 <50
Estimated value of the sa m e,..................................................... ........
180,585 50
Amount of real estate held by foreclosure,'............................................ ........
51,259 52
Assessed value of the s a m e ,................................................................................
58,200 00
Amount of income received from the s a m e ,.....................................................
1,894 03
Amount of municipal tax on real e s t a t e , .....................................................
5,237 70
Cash on Deposit in Banks, amount in each: —
New England National Bank, B o sto n ,.............................................................. $303,079 01
Revere National Bank, B o s t o n , .......................................................................
168,905 77
Market National Bank, B o s t o n , .......................................................................
00,69/ 51
Globe National Bank, B o s t o n , ..................................................... ........
.
50,153 55
Merchandise National Bank, B o s t o n , ..............................................................
50,000 00
Columbian National Bank, B o s t o n , ..............................................................
9,572 93
Whole amount of interest or profits r e c e i v e d , .............................................$799,965 87
Rate and amount of each semi-annual dividend for previous 1 1| per cent., j 244,872 90
y e a r , ................................................................................ J 2 per cent., \ 331,650 45
Times for the dividends fixed by the by-laws: second Wednesday in April
and October.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8 .
337
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 5 5-100.
The total amount of loans, with each specified rate of interest: $60,000, 3f
per cent.; $50,000, 3| per cent.; $1,897,100, 4 per cent.; $776,000, 4£ per
cent.; $150,000, 4f per cent.; $4,418,109.19, 4J per cent.; $687,000, 4|
percent.; $2,679,102.85, 5 per cent.; $774,450, 5£ percent.; $744,050,6
per cent.; $207,450, 7 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ...............................................................................................................62
Aggregate amount of the s a m e , .......................................................................$137,400 00
Number of open a c c o u n t s ,..............................................................
43,608
Number and amount of deposits (including dividends), received for pre
vious year.....................................................................................................43,344
4,433,29635
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,......................................................................
3,141 1,779,092 00
N u m b er an d am ou nt o f withdrawals,
.
.
.
.
.
.
32,419 3,366,187 19
N u m b er o f accounts opened the previous year,
.
.
.
.
7,617
N u m b e r of accounts closed the previous year,
.
.
.
.
5,442
Amount of expenses of the corporation during previous year,
.
.
.
29,179 48
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : December 11.
20,000 00
P u b lic F u n d s .
Estimated
Market Value.
Amount Invested.
$250,000 $305,000 00
300,000 341,625 00
$250,000 00
300,000 00
4,000 O')
4.000
12,100 00
10,000
20,100 00
20,000
2,055 00
2.000
23,300 00
20,000
1,100,000 1,177,000 00
202,650 218,862 00
500,000 590,000 00
76,125 00
75,000
4.000
10,000
20,000
2.000
20,000
1,112,617
202,650
598,125
75,000
Par Value.
United States 4s,
United States 4|s,
.
.
.
.
.
.
.
City and town bonds : —
City of Manchester, N. EL, 5s, .
of New Bedford 6s, .
of Worcester 6s,
of Cambridge 6s,
of Boston 6s, .
of Boston 4s, .
of Boston 5s, sterling,
of Boston 5s,
Town of Waltham 4s,
00
00
00
00
00
50
00
00
00
$2,483,650 $2,770,167 00 $2,594,392 50
B a n k Sto c k .
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,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,500
65,400
13,125
3,000
21,100
49,200
16,900
13,800
$12,771
76,681
21,000
3,450
23,210
61,008
18,759
14,214
25
50
00
00
00
00
00
00
$12,601
66,112
13,125
3,375
22,199
49,200
17,289
15,750
25
50
00
00
87
00
50
00
338
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
B a n k S t o c k — Concluded.
Par Value.
Eagle Nat’l Bank, Boston,
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,
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,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’ l Bank, Boston, .
Union Nat’l Bank, Boston,
Washington Nat’l Bank, Boston,
Webster Nat’l B’k, Boston,
$16,100
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
24,400
11,100
13,300
13,600
18,700
10,000
15,000
61,700
Estimated
Market Value.
$48,635
5,064
7,623
18,000
24,476
17,025
13,837
87,514
5,362
1,463
6,000
6,000
16,537
12,850
47,400
27,938
10,545
15,627
15,300
19,448
13,750
19,537
62,317
00
00
00
00
00
00
50
00
50
00
00
00
50
00
00
00
00
50
00
00
00
50
00
$630,425 $733,344 25
Amount Invested.
X
$47,525
5,698
8,585
15,000
24,064
17,650
15,000
71,143
5,000
1,100
6,125
5,000
19,962
12,750
41,893
26,721
11,221
13,648
16,348
20,481
10,000
15,000
63,484
00
87
50
00
25
00
00
50
00
00
00
00
50
00
75
25
00
00
75
00
00
00
25
$673,055 74
R a il r o a d B o n d s .
Old Colony Railroad 6s, .
Old Colony Railroad 7s, .
Old Colony Railroad 4s, .
Boston and Maine Railroad 7s,
Boston, Clinton, Fitchburg & New
Bedford Railroad 5s,
Fitchburg Railroad 5s,
Boston & Albany Railroad 7s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$200,000 $239,000 00
47,500
55,240 00
500,000 500,000 00
15,000
18,375 00
100,000
634,000
100,000
112,000 00
697,400 00
120,000 00
$200,000
47.500
500,000
15,000
00
00
00
00
100,000 00
681,719 50
100,000 00
$1,596,500 $1,742,015 00 $1,644,219 50
1885 ]
P U B L IC
339
D O C U M E N T — N o. 8
TAUNTON SAVINGS BANK — TAUNTON.
Incorporated 1869.
Number of corporators, 112.
J o h n E. S a n f o r d , President.
H e n r y It. W
ood,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
Suspense account,
.
$1,177,836
41,869
25,704
4,851
A
93
08
40
97
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on railroad stock, .
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans on bank books,
Deposit in banks, on interest, .
Deposit in banks, not on intere s t , ...................................
Expense account,
Profit and loss,
Manufacturing stocks to secure
indebtedness,
Cash on hand, .
.
.
.
$1,250,262 38
$88,524
500
79,208
9,500
115,865
150
7,526
510,966
408,120
500
17,280
25
00
12
00
00
00
00
92
00
00
13
4,388 60
1,212 91
225 68
4,000 00
2,294 77
$1,250,262 38
Loan on Public Funds : —•
On $500 United States 4 s , ............................................................................... $500 00
Loans on Bank Stock, amount on each: —
On 49 shares Taunton National Bank, T a u n to n ,.................................................... $4,500 00
O r 53 shares Machinists’ National Bank, Taunton...........................................
5,000 00
Loan on Railroad Stock: —
On 2 shares Boston and Providence R a i l r o a d , ............................................ $150 00
Amount of real estate held by foreclosure,..................................................... $7,526 00
Assessed value of the same.....................................................................................
4,860 00
Amount of income received from the s a m e ,.....................................................
477 85
Amount of municipal tax on real estate...............................................................
84 02
Cash on Deposit in Banks, amount in each: —
National Bank of the Republic, Boston,..............................................................$17,280 13
Taunton National Bank, Taunton,
...............................................................
4,388 60
Whole amount of interest or profits received or earned,
.
.
.
.
$65,642 95
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f 22,803 41
year........................................................................................3 2 per cent., 1 22,816 17
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: $183,275,
5 percent.; $60,000, 5^ percent.; $205,100, 5£ per cent.; $468,561.92,6
per cent; $11,500, 6£ per cent.; $1,300, 7 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
340
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.................................................................................................265
Aggregate amount of the same,
.
.............................................................. $269,813 46
Number of open a c c o u n t s ,..............................................................
3,444
Number and amount of deposits (including dividends), received for previous y e a r , .........................................................................................
1,579
207,094 75
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.......................................................................
. 135
86,133 71
Number and amount of w ithdraw als,.............................................
1,922
199,615 98
Number of accounts opened the previous year, .
.
.
.
. 343
Number of accounts closed the previous year,
.
.
.
.
. 345
Amount of expenses of the corporation during previous year, .
3,817 38
Amount of treasurer’s b o n d ,..............................................................
.
20,000 00
Date of examination by commissioner : August 12.
P u b lic F u n d s .
Par Value.
United States currency 6s,
State, county, city and
bonds: —
State of Maine,
.
of New Hampshire,
of Massachusetts, .
County of Bristol, .
.
City of Taunton,
.
.
of New Bedford,
Town of Peabody, . . .
$15,000
Estimated
Market Value.
$18,600 00
Amount Invested.
$18,006 25
town
1,000
1,000
.
.
.
.
.
3.000
1.000
26,400
10,000
25,000
$82,400
1,126
1,173
3,445
1,002
28,773
10,075
25,300
00
10
20
50
50
00
00
1,135
1,165
3,330
1,002
27,973
10,350
25,562
00
00
00
50
00
00
50
$89,495 30
$88,524 25
$34,400 00
2,210 00
$27,200 00
2,211 01
B a n k St o c k .
Merchants’ Nat’l B’k, New Bedford,
First Nat’l Bank, New Bedford,
Nat’l Bank of Commerce, New
B e d f o r d , ................................
Atlas Nat’l Bank, Boston,
City Nat’l Bank, Boston,
Taunton Nat’l Bank, Taunton,
Bristol Co. Nat’l Bank, Taunton, .
Machinists’ Nat’l Bank, Taunton, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,000
1,700
10,200
5,500
10,000
10,900
3,400
900
$62,600
12,240
6,435
11,000
18,530
6,630
1,530
00
00
00
00
00
00
$92,975 00
12,311
6,208
11,362
14,250
4,405
1,260
00
61
50
00
00
00
$79,208 12
1 8 8 5 .]
341
P U B L IC D O C U M E N T — N o. 8
R a il r o a d B o n d s .
Par Value.
Old Colony Railroad,
Boston & Maine Railroad,
Fitchburg Railroad,
Boston & Albany Railroad
Connecticut & Passumpsic Rivers
R a i l r o a d , ................................
Boston, Clinton, Fitchburg & New
Bedford Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,000
10,000
10,000
25,000
Estimated
Market Value.
$29,875
12,237
11,200
29,875
00
50
00
00
Amount Invested.
$29,437
12,375
11,156
30,687
50
00
25
50
25,000
29,375 00
29,928 75
2,000
2,280 00
2,280 00
$97,000 $114,842 50
$115,865 00
342
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
TEMPLETON SAYINGS BA N K — TEMPLETON.
Incorporated April 19, 1871.
Number of corporators, 56.
A sa H o s m e r , Treasurer.
C h a r l e s A . P e r l e y , President.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$164,773 93
1,605 62
2,804 19
s s e t s
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Deposit in banks, not on inter
est,
...................................
Cash on hand, .
.
.
.
$169,183 74
$4,700
150
1,000
115 430
7,889
00
00
00
00
00
33,500 00
3,053 02
2,979 59
482 13
$169,183 74
Loan on Bank Stock : —
On 3 shares Citizens’ National Bank, Worcester,............................................ $150 00
Cash on Deposit in Banks, amount in each: —
Maverick National Bank, Boston.......................................................................... $2,036 16
National Security Bank, B o s t o n ,...................................................................... 1,016 86
Miller’s River National Bank, A t h o l , ..............................................................
2,979 59
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ............................................................................... j 2 per cent., (
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: $13,500, 4
per cent.; $24,500, 5 per cent.; $118,879, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each.....................................................................................................................201
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received,
.
.
.
Number of openaccounts,
.
636
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 351
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,.......................................................................
24
Number and amount of w ith d ra w a ls,............................................. 287
Number of accounts opened the previous year.......................................... 69
Number of accountsclosed the previous y e a r , .......................................... 70
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : August 5.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$8,056 46
3,134 93
3,156 34
123,979 00
2,500 00
31,067 26
11,147 92
28,285 72
470 10
10,000 00
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
343
B an k . St o c k .
Par Value.
Orange Nat’l Bank, Orange, .
First Nat’l Bank, Gardner,
First Nat’l Bank, Winchendon,
Estimated
Market Value.
Amount Invested.
$3,000
1,200
500
$3,750 00
1,560 00
700 00
$3,000 00
1,200 00
500 00
$1,700
$6,010 00
. $4,700 00
$1,110 00
$1,000 00
R a il r o a d B o n d s .
Vermont & Massachusetts R. R. 5s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000
344
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
UNION INSTITUTION FOR SAYINGS IN THE CITY OF BOSTON —
BOSTON.
Incorporated 1865.
Number of corporators, 38.
G e o r g e F. E m e r y , Treasurer.
H ugh O’B r ie n , President.
Statem ent.
L
ia b il it ie s
Deposits, .
.
Earnings undivided, .
Guaranty fund, .
Profit and loss, .
Mortgage and interest
suspense,
.
A
$2,632,060
29,136
64,360
4,916
81
41
00
94
1,363 51
s s e t s
,
Public funds, .
.
.
.
Railroad bonds,
Real estate,
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest,
Cash on band, .
.
.
.
.
$2,731,837 67
$94,103
189,400
278,601
195,700
1,393,534
521,725
52,847
5,925
75
00
06
04
50
00
58
74
$2,731,837 67
Invested in real estate (for banking purposes)................................................... $278,601 06
Estimated value of the s a m e , ..................................................... .
300,000 00
195,700 04
Amount of real estate held by foreclosure,.....................................................
Assessed value of the s a m e ,................................................................................
208,200 00
Amount of income received from the s a m e ,.....................................................
5,589 30
8,172 07
Amount of municipal tax on real e s t a t e , .....................................................
Cash on Deposit in Banks, amount in each : —
National Exchange Bank, Boston,
International Trust Company, Boston, .
Me. Vernon National Bank, Boston,
B >ylston National Bank, Boston, .
$8,910
8,913
17,218
17,804
73
71
37
77
Whole amount of interest or profits received or earned,
.
.
.
.
$123,309 88
Rate and amount of each semi-annual dividend for pre- I 2 per cent., f 47,967 90
vious y e a r , ....................................................................... J 2 per cent., 1
49,713 80
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: $230,000, 4
percent.; $400,000, 4£ percent ; $45,000, 4| per cent.; $378,384, 5 per
cent.; $5,000,
per cent.; $139,500, 5£ per cent.; $539,235.50, 6 per
cent ; $7,650, 6£ per cent.; $167,840, 7 per cent.; $2,650, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .......................................................................................................... .....
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income isreceived, .
.
.
.
Number of open a c c o u n t s , ............................................7,079
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..................................................................
6,387
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year..................................................................................... 465
Number and amount of withdrawals,.
.
.
.
.
.
5,928
Number of accounts opened the previous year................................. 1,096
Number of accounts closed the previous year...................................1,063
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
498,175 50
22,123 49
668,994 36
289,817 00
573,621 14
1 8 8 5 .]
P U B L IC
D O C U M E N T — N o . 8.
345
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: June 30.
$9,193 48
15,000 00
P u b lic F u n d s .
Par Value.
United States 4|s,
.
.
.
City bonds: —
City of Chelsea 6s, .
of Lowell 6s, .
of Springfield 7s,
of Hartford, Ct., 6s, .
of Newton 6s, . . .
of Somerville 5s,
.
.
$50,000
9,000
2,000
2,000
1,000
4,000
17,000
$85,000
Estimated
Market Value.
$56,375 00
10,355
2,220
2,660
1,120
5,060
17,545
00
00
00
00
00
00
Amount Invested.
$54,312 50
10,625
2,325
2,600
1,170
4,920
18,151
00
00
00
00
00
25
$95,335 00
$94,103 75
$160,0(10 $176,000 00
10,000
11,750 00
$177,600 00
11,800 00
$170,000 $187,750 00
$189,400 00
R a il r o a d B o n d s .
Fitchburg Railroad, . . .
Boston & Lowell Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
346
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan.
UNION SAYINGS BANK — FALL R IVER.
Incorporated 1869.
Number of corporators, 31.
D. A. C h a p in , Treasurer.
A ugu stu s C h a c e , President.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$686,540 73
11,931 51
13,600 00
$712,072 24
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in bank, on interest, .
Expense account,
Cash on hand, .
.
.
.
*
$5,665
48,657
600
38,000
345,158
231,161
00
00
00
00
00
00
2,000
39,100
428
1,302
00
00
64
60
$712,072 24
Loan on Bank Stock : —
On 10 shares Union National Bank, Fall R i v e r ,............................................ $600 00
Invested in real estate (for banking purposes)................................................... $38,000 00
Estimated value of the sam e,................................................................................
40,000 00
Amount of municipal tax on real e s t a t e , .....................................................
391 04
Cash on Deposit in Bank : —
Union National Bank, Fall R iver,.......................................................................$39,100 00
Whole amount of interest or profits received or earned,
.
.
.
.
$35,526 65
Rate and amount of each semi-annual dividend for previous ? 2| per cent., t 14,864 34
y e a r , ................................................................................
S2^ per cent., f. 15,006 58
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: $55,176, 5
per cent.; $461,118, 5£ per cent.; $62,625, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each........................................................................................................ 156
Aggregate amount of the s a m e , .......................................................................181,711 00
Number of open accounts..................................................................... 1,478
Number and amount of deposits (including dividends), received for pre
vious y e a r , ..........................................................................................
4,438
149,274 44
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,............................................................................... 100
58,549 29
Number and amount of w ith d raw als,............................................
1,500
156,976 56
Number of accounts opened the previous y e a r , ....................................... 289
Number of accounts closed the previous y e a r , .......................................362
Amount of expenses of the corporation during previous year,
.
.
.
3,000 00
Amount of treasurer’s b o n d ,...............................................................................
25,000 00
Date of examination by commissioner : July 17.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 8 8 5 .]
347
P U B L IC D O C U M E N T — N o. 8.
P u b lic F u n d s .
Par Value.
City bonds: —
City of Fall River (water),
$5,000
B
ank
Union Nat’l Bank. Fall River,
Metacomet Flati Bank, Fall River,.
Pocasset Nat’l Bank, Fall River,
Fall River Nat’ l Bank, Fall River, .
Massasoit Nat’l Bank, Fall River, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$ 6 ,1 0 0 0 0
$5,665 00
Sto c k .
$17,700
16,200
3,500
2,100
700
$17,700
19,440
4,375
2,625
1,190
$40,200
$45,330 00
00
00
00
00
00
$19,610
20.506
4,450
2,817
1,274
00
00
00
00
00
$18,657 00
*
348
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
UXBRIDGE SAYINGS BANK — UXBRIDGE.
Incorporated June 3, 1870.
Number of corporators, 68.
C. A. T a f t , Treasurer.
M oses T a f t , President.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
Checks outstanding, .
A
.
$310,244
7,020
6,567
*1,842
95
56
00
33
s s e t s
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, on interest,
Expense account,
Profit and loss,
Central National Bank, .
.
$325,674 84
$130,034
15.625
132,400
30,236
212
539
12.626
4,000
00
04
60
61
38
26
95
00
$325,674 84
Amount of real estate held by foreclosure,.......................................... $15,625
04
Assessed value of the same, .
.
10,600 00
Amount of income received from the s a m e ,.......................................
1,023
00
Amount of municipal tax on real e s t a t e , .......................................
175
73
Cash on Deposit in Bank: —
Blackstone National Bank, U x b rid g e,..................................................... $212
Whole amount of interest or profits received or earned,.
.
.
.
Rate and amount of each semi-annual dividendfor previous 1 2 per cent., r
y e a r , ......................................................................................../ 2 per cent., \
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: 2.
The total amount of loans, with each specified rate of interest: $26,500,
5 per cent.; $20,000,
per cent.; $110,313.31, 6 per cent.; $5,552, 7 per
cent,; $271.90, 7£ per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,............................................................................................... 93
Aggregate amount of the s a m e , .......................................................................
Number of open accounts,
.
.
L
.
.
.
.
.
1,024
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 388
Number and amount of deposits of and exceeding $300 atany one time,
for the previous y e a r ,...........................................................................
29
Number and amount of w ithdrawals,................................................. 408
Number of accounts opened the previous year........................................ 72
Number of accounts closed the previous y e a r , ................................. 81
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : May 7.
38
$16,255 75
5,950 87
6,016 71
89,741 95
45,712 17
18,019 28
42,832 57
825 00
20,000 00
* This amount is for overdrafts, and this bank has been notified that they are illegal.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
349
P U B L IC D O C U M E N T — N o. 8.
1885.]
Bank
Sto ck .
Par Value.
Natl Bank of Redemption, Boston,
Suffolk Nat’l Bank, Boston,
Natl Hide and Leather B’k, Boston,
Natl Revere Bank, Boston,
Howard Natl Bank, Boston, .
North Natl Bank, Boston,
Tremont Natl Bank, Boston, .
Eliot Natl Bank, Boston,.
Webster Natl Bank, Boston, .
State Natl Bank, Boston,
Mt Vernon Natl Bank, Boston,
Atlas Natl Bank, Boston,
Ea°de Natl Bank, Boston,
Blaekstone Natl Bank, Uxbridge, .
Grafton Natl Bank, Grafton, .
First Natl Bank, Clinton,
Wachusett Natl Bank, Fitchburg, .
Franklin Natl Bank, Franklin,
Central Natl Bank, Boston,
Millbury Natl Bank, Millbury,
Manufacturers’ Natl Bank, Boston,
Estimated
Market Value.
Amount Invested.
$8,960 00
6,954 00
14,852. 50
9,600 00
13,440 00
7,200 00
6,322 00
13,200 00
7,245 00
9,360 00
2,250 00
3,811 50
8,450 00
2,260 00
540 00
2,480 00
5,000 00
7,090 00
3,030 00
2,006 00
4,000 00
$8,000 00
7,945 00
*13,000 00
*9,795 00
*11,200 00
7,494 50
7,280 00
*11,000 00
7,516 75
8,974‘ 75
2,223 75
4,134 25
3,777 75
2,260 00
540 00
2,480 00
5,000 00
7,090 00
4,240 00
2,006 00
4,076 25
$114,200 $133,021 00
$130,034 00
$8,000
6,100
13,000
8,000
11,200
6,000
5,800
11,000
6,900
7,800
1,800
3,300
3,000
1,700
500
2,000
2,500
5,900
4,000
1,700
4,000
* This hank has been notified that these investments exceed the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
350
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
W AK E F IE L D SAYINGS BANK — W A K E F IE L D .
Incorporated 1869.
Number of corporators, 53.
S. 0 . R ic h a r d s o n , President.
R
B r it t o n , Treasurer.
ic h a r d
Sta te m e n t.
L
ia b il it ie s
Deposits,
Guaranty fund, .
Interest,
.
A
$129,567 93
1,787 70
1,024 21
s s e t s
.
Public funds, .
.
.
.
Bank stock...................................
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns, . . .
Deposit in bank, on interest, .
Expense account,
Premium,...................................
Cash on hand, .
.
.
.
$132,379 84
$17,000
8,200
8,000
5,071
61,035
14,350
00
00
00
25
00
00
2,000
11,270
131
4,903
418
00
23
10
93
33
$132,379 84
Amount of real estate held by foreclosu re,........................................... $5,071
Assessed value of the s a m e , ..................................................................
5,965
Amount of income received from the s a m e ,........................................
585
Amount of municipal tax on real e s t a t e , ........................................
150
25
00
00
56
Cash on Deposit in Bank:•—
South Reading National B a n k , ............................................................ $11,270
Whole amount of interest or profits received or earned,.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
y e a r , ........................................................................... i
2 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
including, last extra dividend: 6J. (Last extra dividend in 1873.)
The total amount of loans, with each specified rajte of interest: $2,000, 4
per cent.; $8,000, 5 per cent.; $53,350, 6 per cent.; $11,535, 7 per cent.;
$1,500, 7^3o per cent.; $c0D, 8 per cent.; $500, 9 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................... 59
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,.......................................................................... 898
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
1,179
Number and amount of deposits of and exceeding $300atany one time,
for the previous year, .
.
.
20
Number and amount of withdrawals...................................................... 634
Number of accounts opened the previous year....................................... 181
Number of accounts closed the previous y e a r , ................................ 115
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,................................................. #.
.
.
Date of examination by commissioner : May 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
23
$6,350 32
2,113 70
2,276 27
57,885 00
48,30299
8,420 00
33,795 49
647 89
10,000 00
1885.]
351
P U B L IC D O C U M E N T — N o. 8
P u b l ic
F unds.
Par Value.
City bonds: —
City of Bath, Me., 6s,
of Rockland, Me., 6s,
of Lowell 6s, . . .
of Fall River 5s,
$5,000
2,000
2,000
8,000
.
$17,000
Bank
$3,000
1.500
2.500
1,200
00
00
00
00
$19,090 00
$5,225
2,085
2,330
9,2Q0
00
00
00
00
$18,840 00
R a il r o a d
$3,900
1,672
3,256
1,333
00
50
25
50
$3,900
1,450
3,175
1,555
00
00
00
50
$10,162 25
$10,080 50
$2,000
5,000
1,000
$2,240 00
6,000 00
1,180 00
$2,240 00
6,193 75
1,165 00
$8,000
$9,420 00
$9,598 75
$8,200
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,250
2,000
2,240
9,600
Amount Invested.
Sto ck .
Nat’l Bank So. Reading, Wakefield,
Boston Nat’l Bank, Boston,
Faneuil Hall Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston, .
Fitchburg Railroad 5s,
Boston & Albany Railroad 7s,
Old Colony Railroad 6s, .
Estimated
Market Value.
B onds.
352
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
W ALE S SAYINGS B A N K — WALES.
Incorporated 1870.
Number of corporators, 76.
H. A. M c F a r l a n d , Treasurer.
E l ij a h S h a w , President.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
Interest,*
.
A
$30,259
755
448
39
49
80
00
47
s s e t s
.
Bank stock...................................
Loans on real estate,
Loans on personal security,
Deposit in bank, not on inter
est, ............................................
Cash on hand, .
.
.
.
$31,502 76
$7,372 50
18,249 00
4,217 96
616 71
1,046 59
$31,502 76
Cash on Deposit in Bank : —
Palmer National Bank, Palmer,
.
.
.
.
W hole amount of interest or profits received or earned,
71
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2^ percent., f
/ ear>
........................................................................................>2.^ per cent., I
Times for the dividends fixed by the by-laws : January and July.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend: 4 f.
The total amount of loans, with each specified rate of interest: $22,466.96,
6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,............................................................................... ........
. 54
Aggregate amount of the s a m e , .....................................................
Number of open a c c o u n t s ,............................................................................
Number and amount of deposits (including dividends), received for pre
vious y e a r , .................................................................................................401
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,............................................ *
. . .
7
Number and amount of w ith d raw als,..................................................... .......
Number of accounts opened the previous y e a r , ................................... 22
Number of accounts closed the previous year,
.
.
_
. 1 2
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,............................................
Date of examination by commissioner: July 10.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1,439 62
588 26
678 68
22,466 96
10,441 72
5,730 67
7,155 79
118 50
10,000 00
1885.]
P U B L IC
353
D O C U M E N T — N o. 8
Bank
St o c k .
Par Value.
Market Nat’l Bank, Boston,
Webster Nat’l Bank, Boston,
Southbridge Nati B’k, Southbridge,
Monson Natl Bank, Monson, .
Continental Nati Bank, Boston,
Revere Natl Bank, Boston,
Hamilton Natl Bank, Boston,.
First Nati Bank, Leominster,
$500
500
700
500
1,000
1,500
1,000
1,000
$6,700
Estimated
Market Value.
Amount Invested.
$523
558
924
660
1,130
1,600
1,250
1,200
$523
558
875
625
*1,090
*1,500
*1,000
*1,200
75
75
00
00
00
00
00
00
$7,846 50
$7,372 50
* This bank has been notified that these investments exceed the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
75
75
00
00
00
00
00
00
354
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
W A L T H A M SAVINGS B A N K — W ALTH AM .
Incorporated March 13, 1853.
Number of corporators, 30.
E nos T. L u c e , President.
F. M. S t o n e , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$1,510,208 23
33,072 57
46,800 00
s s e t s
.
'
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns.........................................
Deposit in banks, on interest, .
Cash on hand, .
$1,590,080 80
$76,000
136,825
2,625
125,500
14.500
643.175
475,630
00
00
00
00
00
00
00
77.500 00
37,000 00
1,325 80
$1,590,080 80
Loans on Bank Stock : —
On 37 shares AYaltham National B ank,........................................................
$2,625 00
Amount of real estate held by foreclosure,..................................................... $14,500 00
Assessed value of the s a m e , ................................................................................
18,480 00
A m ou n t o f incom e received from the s a m e , ..........................................................
300 00
Amount of municipal tax on real e s t a t e , .....................................................
118 08
Cash on Deposit in Banks, amount in each : —
Waltham National B a n k , ................................................................................ $22,000 00
Boston Safe Deposit and Trust C o m p a n y ,.....................................................
15,000 00
Whole amount of interest or profits received or earned,
.
.
.
.
$77,640 48
Rate and amount ot each semi-annual dividend for previous 1 2 per cent., f 28,725 83
year................................................................................................ 12 per cent., 1
28,727 42
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: $24,000, 4
per cent.; $50,000, 4| per cent.; $220,000, 4^ per cent.; $80,000, 4| per
cent.; $247,525, 5 per cent.; $28,500, 5^ per cent.; $548,905, 6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
each.....................................................................................................................217
Aggregate amount of the same..............................................................................
266,910 00
Number of open a c c o u n t s ,.............................................................. 5,573
Number and amount of deposits (including dividends), received for previ
ous y e a r , ........................................................................................
6,144
436,013 18
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 253
137,685 51
Number and amount of w ith d ra w a ls,............................................
3,757
404,902 61
Number of accounts opened the previous year,
.
.
.
.
1,144
Number of accounts closed the previous year............................................... 893
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
355
P U B L IC D O C U M E N T — N o. 8
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : December 1.
$3,000 00
20,000 00
P u b l ic F u n d s .
Par Value.
City and town bonds: —
City of Boston 5s, . . .
Town of Waltham 4^s, .
of Waltham 0s,
of Arlington 6s,
.
Estimated
Market Value.
Amount Invested.
$10,000
46.000
14.000
6,000
$10,300
47,300
14,400
6,180
$76,000
$78,180 00
$76,000 00
$4,412
6,275
4,250
11,200
3,480
3,690
3,219
4,650
5,975
9,240
4,715
5,737
3,000
5,150
3,352
5,100
3,800
4,400
3,215
2,750
4,255
3,966
5,275
4,125
42,525
$3,800
5,000
5,000
10,000
3,000
4,000
2,900
5,000
5,300
7,700
4,600
5,000
5,000
4,850
3,000
4,500
3,100
4,000
3,100
2,500
3,700
3,400
5,o00
3,000
30,375
00
00
00
00
$10,000
46.000
14.000
6,000
oo
00
00
00
B a n k St o c k .
Revere Nat’l Bank, Boston,
Mt. 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, B iston,
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, Boston,
Redemption Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
City Nat’l Bank, Boston, .
Boylston Nat’l Bank, Boston, .
State Nat’l Bank, Boston,
Freeman’s Nat’l Bank, Boston,
Union Nat’l Bank, Boston,
Waltham Nat’l Bank, Waltham,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3,800
5,000
5,000
10,000
8,000
4,000
2,900
5,000
5,300
7,700
4,600
5,000
5,000
5,000
3,000
4,500
3,100
4,000
3,100
2,500
3,700
3,400
5,000
3,000
30,375
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$136,975 $157,756 00
00
00
00
00
00
00
00
oo
00
00
(0
0)
00
00
00
00
00
00
00
00
00
00
00
00
00
$136,825 00
356
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan
R a il r o a d B o n d s .
Par Value.
Boston & Lowell Railroad 7s,
Old Colony Railroad 7s, .
Boston & Maine Railroad 7s, .
Vermont & Massachusetts R R. 5s,
Vermont Valley Railroad 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$30,500
10,000
5,000
30.000
50.000
Estimated
Market Value.
$34,200
12,200
5,600
33,300
55,000
00
00
00
00
00
$125,500 $140,300 00
Amount Invested.
$30,500
10,000
5,000
30.000
50.000
00
00
00
00
00
$125,500 00
357
PUBLIC DOCUMENT — No. 8.
1885.]
W AR E SAYINGS B A N K — W ARE.
Incorporated 1850.
W
il l i a m
Number of corporators, 43.
H y d e , President.
O tis L a n e , Treasurer.
S tatem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Premium account,
A
.
$2,179,393
36,448
29,641
35,402
53
31
58
75
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Loans on bank books,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, ............................................
Expense account,
Cash on hand, .
.
.
.
$2,280,886 17
$559,000
' 379,680
258,000
6,400
722,485
303,055
00
00
00
00
67
60
30,000 00
1,890 00
13,979 02
4,200 00
1,298 72
897 16
$2,280,886 17
Invested in real estate (for banking p u r p o s e s ),............................................ $6,400 00
Estimated value of the same..................................................................................
6,400 00
Amount of municipal tax on real estate..................................................... ........
52 52
Cash on Deposit in Banks, amount in each: —
Ware National B a n k , ........................................................................................ $4,200 00
International Trust Company, B oston ,..............................................................
13,972 02
Whole amount of interest or profits received or earned,
.
.
.
.
$117,911
Rate and amount of each semi-annual dividend for previous ) 24 per cent., f 50,254
y e a r , ............................................................................... >2% per cent., 1
46,718
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: $30,000, 4^
per cent ; $455,316.38, 5 per cent.; $541,485.67, 5^ per cent.; $30,629.22,
6 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .............................................................................................................254
Aggregate amount of the s a m e , ......................................................................
283,839
Number of open a c c o u n t s ,.......................................................................4,765
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
2,844
506,082
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................. 257 158,808
Number and amount of withdrawals..................................................
2,326
403,787
Number of accounts opened the previous y e a r , .......................................710
Number of accounts closed the previous year,
.
.
.
.
.
585
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
42
22
20
89
59
05
51
353
B A N K C O M M IS S IO N E R S ’ R E P O R T,
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,.....................................................
Date of examination by commissioner: July 8.
[Jan.
$4,122 66
25,000 00
P u b l ic F u n d s .
United States 6s,
United States 4Js,
.
.
.
.
.
.
.
District, city and town bonds : —
District of Columbia 6s, .
City of Boston 4s,
o f Boston 6s, .
of Fall River 6s,
of Somerville 5s,
of Holyoke 7s, .
Town of Brockton 5s,
of Pawtucket, R. I., 5s, .
of Pawtucket, R. I., 6s, .
Par Value.
Estimated
Market Value.
$ 1 0 0 ,0 0 0
2 0 1 ,0 0 0
$127,000 00
227,130 00
50,000
40,000
30,000
20,0U 0
2 0 ,0 0 0
40,000
3d,000
5,000
23,000
56,000
44,000
36,0i)0
24,000
00
00
00
00
Amount Invested.
$ 1 0 0 ,0 0 0 0 0
2 0 1 ,0 0 0 0 0
50,000 00
40,01 0 00
30,000 00
2 2 ,0 0 0 0 0
2 0 ,0 0 0 0 0
2 0 ,0 0 0 0 0
47,000
34,000
5,500
27,000
40,000
30,000
5,000
23,000
00
00
00
00
$559,000 $649,630 00
00
00
00
00
$559,000 00
B a n k St o c k .
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’l 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, .
Merchants’ Nat’l Bank, Boston,
Mechanics’ Nat’l Bank, Boston,
Nat’l Bank of No. America, Boston,
North Nat’l Bank, Boston,
People’s Nat’l Bank, Boston, .
Nat’l Bank of Republic, 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, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$1,000
10,1 00
20,500
1,200
7,500
5,000
13,600
6,000
15,000
4,000
10,000
5,0 )0
2,100
4,700
10,500
900
13,600
10,00)
1,500
15,000
15,000
io ,odo
15,000
1,500
16,200
3,000
7,100
$1,525
11,725
22,960
1,236
8,325
5,750
14,008
7,365
19,500
5,540
20,000
5,000
2,520
6,110
13,938
1,143
14,008
12,000
2,377
19,275
17,850
11,025
22,350
2,400
18,994
3,390
7,384
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$1,550 00
12,000 00
25,420 00
1,200 00
9,000 00
5,000 00
15,504 00
7,200 00
18,000 00
5,200 00
20,000 00
5,000 00
2,310 00
6,110 00
14,700 00
1,170 00
13,600 00
13,000 00
2,418 00
17,700 00
17,250 00
13,000 00
22,987 00
2,250 00
20,000 00
3,510 00
8,520 00
1885.]
359
PUBLIC DOCUMENT — No. 8
B a n k St o c k —
Concluded.
Par Value.
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,
.
.
$12,800
2,600
40,200
20,('00
3 000
3,0u0
Estimated
Market Value.
$11,904
3,562
50,250
20,200
3,900
5,400
00
00
00
00
00
00
$306,500 $372,914 00
Amount Invested.
$12,800
3,893
49,871
20,000
4,117
5,400
00
00
00
00
00
00
$379,680 00
R a il r o a d B o n d s .
Boston & Maine Railroad 7s, .
Boston & Albany Railroad 7s,
Boston & Albany Railroad 6s,
Eastern Railroad,
Fitchburg Railroad 4s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$75,000
60,000
50,000
53,000
20,000
$91,500
72,000
60,000
59,360
20,000
00
00
00
00
00
$258,000 $302,860 00
$75,000
60,000
50,000
53,000
20,000
00
00
00
00
00
$258,000 00
360
B A N K C O M M IS S IO N E R S ’ R E P O R T
[Jan
W A R E H A M SAYINGS BANK — W A R E H A M .
Incorporated 1847.
Number of corporators, 29.
G e r a r d C . T o b e y , President.
T h o m a s R . M i l e s , Treasurer.
Sta te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$566,555 39
14,305 06
9,800 00
$590,660 45
s s e t s
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Deposit in bank, not on intere st,...................................
$176,096
186,996
86,242
140,568
85
21
81
59
755 99
$590,660 45
Amount of real estate held by foreclo su re,..................................................... $186,996 21
Assessed value of the s a m e , ...............................................................................
154,175 00
Amount of income received from the s a m e ,..................................................... 12,399 28
Amount of municipal tax on real estate,
.
.
.
.
.
.
.
2,586 95
Cash on Deposit in Bank: —
Wareham National Bank, War eha m , .............................................................. $755 99
Whole amount of interest or profits received or earned,
.
.
.
.
$34,056 51
Rate and amount of each semi-annual dividend for previous 1 2 per cent., j
10,710 43
y e a r , ............................................................................... j 2 per cent., \
10,914 80
Times for the dividends fixed by the by-laws : January and July.
The total amount of loans, with each specified rate of interest: $22,000,
per cent.; $62,303.62, 4| per cent.; $27,500, 5 per cent.; $5,000, 5^ per
cent.; $68,651.09, 6 per cent.; $28,328.48, 7 per cent.; $280, 7 3-10 per
cent.; $12,748.21, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .............................................................
57
Aggregate amount of the s a m e , .......................................................................
63,189 10
Amount of investmentsfrom which no income is received, .
.
.
.
5,707 99
Number of open a c c o u n t s ,....................................................................... 1,645
Number and amount of deposits (including dividends), received for pre
vious y e a r , .................................................................................................. 776
104,550 97
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year, .....................................................................................81
42,141 23
Number and amount of withdrawals, .
.
.
.
.
.
.
646
88,544 30
Number of accounts opened the previous y e a r , ....................................... 182
Number of accounts closed the previous year,
.
.
.
.
.
133
Amount of expenses of the corporation during previous year, .
.
.
1,715 80
Amount of treasurer’s b o n d ,................................................................................
5,000 00
Date of examination by commissioner: June 20.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
P U B L IC
361
D O C U M E N T — N o. 8
B a n k St o c k .
Par Value.
Falmouth Nat’l Bank, Falmouth, .
Andover Nat'l Bank, Andover,
Merchants’ Nat’l B’k, New Bedford,
Wareham Nat’l Bank, Wareham, .
Shoe & Leather Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
North America Nat’l Bank, Boston,
Shawmut Nat’l Bank, Boston, .
Second Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Boylston Nat’l Bank, Boston, .
Exchange Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
First Nat’l Bank, Boston,
Republic Nat’l Jlank, Boston, .
$ 5 ,0 0 0
500
2 ,5 0 0
2 4 ,0 0 0
6 ,6 0 0
4 ,5 0 0
1 0 ,0 0 0
1 0 ,0 0 0
5 ,0 0 0
7 ,5 0 0
1 0 ,0 0 0
7 ,4 0 0
1 0 ,0 0 0
5 ,0 0 0
1 3 ,1 0 0
700
1 0 ,0 0 0
1 0 ,0 0 0
4 ,1 0 0
1 0 ,0 0 0
2 ,0 0 0
3 ,0 0 0
$ 1 6 0,90 0
*
Estimated
Market Value.
$ 6 ,0 0 0
625
4 ,3 2 5
3 1 ,2 0 0
6 ,3 3 6
5 ,3 4 3
1 2 ,3 0 0
1 3 ,4 0 0
5 ,4 5 0
7 ,7 2 5
1 1 ,4 0 0
1 1 ,1 0 0
1 0 ,5 7 5
5 ,4 5 0
1 5 ,0 9 7
84 7
1 0 ,2 0 0
1 1 ,2 7 5
6 .1 9 1
1 0 ,1 0 0
3 ,9 8 0
8 ,8 4 0
00
00
00
00
00
75
00
00
00
00
00
00
00
00
75
00
00
00
00
00
00
00
$ 19 2,76 0 5 0
Amount Invested.
$ 5 ,4 2 8
522
2 ,6 1 2
* 2 5 ,1 7 7
6 ,8 9 7
5 ,1 9 6
1 4 ,8 3 8
1 0 ,9 4 9
5 ,2 2 5
6 ,9 9 3
1 0 ,4 5 0
7 ,5 7 2
1 1 ,0 6 8
7 ,0 5 3
1 1 ,7 3 7
731
1 3 ,5 7 4
1 2 ,1 4 7
4 ,6 7 9
1 1 ,0 1 5
2 ,0 9 0
3 ,1 3 5
$ 176,09 6 8 5
This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
28
50
50
98
00
78
01
84
00
68
00
32
14
50
70
50
81
46
26
59
00
00
3G2
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
W AR R E N F IV E CENTS SAVINGS BANK — PEABODY.
Incorporated April 28, 1854.
Number of corporators, 47.
R ufus IL B r o u n , President.
A l b e r t H. M e r r i l l , Treasurer.
S tatem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
$1,532,103 16
71,204 39
50,000 00
A
s s e t s
.
Public funds, . ' .
Bank stock,
.
.
.
.
Loans on bank books,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, ci.ies oxtowns, ....................................
Expense account,
Cash on hand, .
.
.
.
$1,653,307 55
Amount of real estate held by foreclosure, .
Assessed value of the s a m e , ....................................
Amount of income received from the same, ,
Amount of municipal tax on real estate,
$5,000
211,272
1.000
139.750
41,548
543,182
456,998
00
62
00
00
40
00
57
233,540 00
332 86
20,683 10
$1,653,307 55
$41,548
3-5,150
3,061
625
40
00
81
16
Whole amount of interest or profits received or earned,
.
.
.
.
$96,183 53
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f 28,366 26
.
.
.
. ) 2 per cent., I 29,057 73
y e a r , ............................................ ........
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: $16,323.57
4 per cent.; $75,000, 4| per cent.; $189,000, 4,^ per cent.; $45,000, 4^ per
cent.; $184,675, 5 per cent ; $101,087, 5^ per cent.; $291,050,6 per cent.;
$74,540,
per cent.; $16,465, 7 per cent.; $2,400, 7t8q per cent.; $2,640,
7^ per cent.; $3,000, 8 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a c h ,.....................................................................................................164
Aggregate amount of the s a m e , .......................................................................
Amount of investments from which no income is received, .
.
.
.
Nlimiter of open a c c o u n t s ,............................................ ........
4,006
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
2,328
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year, ............................................................................... 161
Number and amount of w ith draw als,............................................
1,964
Number of accounts opened the previous y e a r , .......................................502
Number of accounts closed the previous y e a r , ....................................... 409
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : August 18.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
212,830 00
3,642 70
254,431 20
85,790 39
190,967 90
3,295 57
20,000 00
1885.]
3G3
P U B L IC D O C U M E N T — N o. 8
P u blic F u n d s .
Estimated
Market Value.
Amount Invested.
$5,650 00
$5,000 00
$ 2 ,9 0 0
4 ,7 0 0
8 ,0 0 0
1 4 ,1 0 0
4 ,5 0 0
2 ,5 0 0
8 ,0 0 0
1 0 ,0 0 0
900
2 ,2 5 0
4 ,8 0 0
1 6 ,5 0 0
9 ,8 0 0
9 ,5 0 0
1 2 ,2 0 0
500
1 0 ,1 0 0
1 0 ,0 U 0
2 ,3 0 0
6 ,1 0 0
1 ,0 l )0
1 0 ,0 0 0
4 ,5 0 0
7 ,2 0 0
6 ,0 0 0
8 ,1 0 0
2 ,2 0 0
2 ,5 0 0
2 ,5 0 0
2 ,1 0 0
2 ,5 0 0
2 ,5 0 0
5 ,0 0 0
2 ,5 0 0
1 ,0 0 0
1 2 ,0 0 0
1,700
600
$ 3 ,9 4 4
5 ,1 7 5
9 ,1 2 0
1 4 ,6 2 8
6 ,7 6 1
2 ,8 1 2
7 ,6 0 0
1 1 ,6 0 0
1,067
3 ,1 8 7
5 ,1 2 1
1 9 ,3 4 6
1 1 ,637
11,661
1 0 ,325
651
1 0 ,4 7 8
1 2 ,9 0 0
2 ,7 6 0
7 ,3 1 2
1 ,5 5 5
9 ,7 0 0
4 ,2 7 5
7 ,4 1 6
6 ,6 0 0
7 ,4 7 2
2 ,7 6 1
3 ,3 2 5
2 ,5 7 5
1 ,9 5 3
2 ,8 8 1
2 ,4 6 8
6 ,4 2 5
2 ,8 0 0
1 ,2 40
1 5 ,1 6 0
1 ,8 7 4
724
$ 2 ,9 0 0
4 ,6 8 9
8 ,0 0 0
1 4 ,1 0 0
4 ,5 0 0
2 ,5 0 0
7 ,9 8 3
9 ,9 5 0
900
2 ,2 5 0
4 ,5 9 5
1 6 ,5 0 0
9 ,8 0 0
9 ,5 0 0
1 0 ,0 0 0
500
1 0 ,1 0 0
1 0 ,0 0 0
2 ,3 0 0
6 ,4 0 0
1 ,0 0 0
9 ,9 0 9
4 ,5 0 0
7 ,2 0 0
6 ,0 0 0
8 ,1 0 0
2 ,2 0 0
2 ,5 0 0
2 ,5 0 0
2 ,1 0 0
2 ,4 9 6
2 ,5 0 0
5 ,0 0 0
2 ,5 0 0
1 ,0 0 0
1 2 ,0 0 0
1 .7 0 0
600
13,850
$ 2 3 9 ,5 9 5 87
Par Value.
•
District of Columbia 6s, .
$5,000
B a n k St o c k .
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,
Nat’l Grand Bank, Marblehead,
Atlas Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Blaekstone 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,
Mt. 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,
Republic Nat’l Bank, Boston, .
Boston Nat’l Bank, Boston,
Columbian Nat’l Bank, Boston,
Massachusetts Nat’l Bank, Boston, .
Nat’l Bank of Redemption, Boston,.
North Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
87
00
75
25
50
00
00
00
50
00
25
50
25
00
25
75
00
00
00
00
00
00
00
00
25
00
00
00
00
25
75
00
00
00
00
25
50
00
00
00
00
00
00
00
00
00
00
00
oo
00
00
00
00
00
00
00
00
00
37
00
00
00
00
00
00
00
00
25
00
00
00
00
00
00
00
$ 2 1 1 ,2 7 2 62
364
B A N K C O M M IS S IO N E R S ’ R E P O R T .
R a il r o a d
B onds.
Par Value.
Boston & Maine Railroad 7s, .
Old Colony Railroad 6s, .
Eastern Railroad 6s.
Boston and Lowell Railroad 4^s, .
Connecticut & Passumpsic Rivers
Railroad 7 s , ................................
Boston, Revere Beacli & Lynn Railroad 6 s , ................................
Boston and Maine Railroad note, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Jan
$21,000
15,000
5,000
25,000
Estimated
Market Value.
$25,620
17,600
5,600
25,375
00
00
00
00
Amount Invested.
$25,000
15,000
4,750
*25,000
00
00
00
00
15,000
17,550 00
15,000 00
5,000
50,000
5,550 00
50,000 00
5,000 00
50,000 00
$136,000 $147,295 00
$139,750 00
* This hank has been notified that this investment is illegal.
P U B L IC D O C U M E N T - N o .
1885.]
3G5
8.
W AR R E N INSTITUTION FOR SAYINGS — BOSTON.
Incorporated 1829.
Number of corporators, 135.
T im o t h y T. S a w y e r , President.
G e o r g e F. T u f t s , Treasurer.
St a t e m e n t .
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$5,343,358 73
221,635 80
128,500 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds, .
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Railroad notes, .
.
.
.
Loans on railroad bonds,
Real estate,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security, .
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Expense account,
Cash on hand, .
.
.
.
$858,000
9,000
191,900
12,600
200,000
385,000
13,500
50,000
67,750
1,907,286
1,710,000
00
00
00
00
00
00
00
00
00
70
00
191,500
84,674
7,844
4,438
00
40
56
87
$5,693,494 53
$5,693,494 53
Loans on Public Funds, amount on each : —
$ 8,000 00
1,000 CO
On $8,000 City of Newton 5 s , ...................................
On $1,000 United States 4 ^ s , ...................................
Loans on Bank Stock, amount on each : —
On 5 shares Bunker Hill National Bank,
On 5 shares Naumkeag National Bank, Salem, .
On 60 shares First National Bank, Easton, .
On 8 shares Lechmere National Bank, E. Cambridge,
On 39 shares Blackstone National Bank,
On 4 shares Massachusetts National Bank, .
On 5 shares Hamilton National Bank, .
On 3 shares First National Bank, Cambridge,
On 3 shares Lechmere National Bank, E. Cambridge,
On 3 shares City National Bank, Cambridge,
fl,000 00
6,000 00
200 00
4,500 00
900 00
Loans on Railroad Bonds, amount on each : —
On $10,000 Boston and Maine R a i l r o a d , ...................................
On $10,000 Boston and Lowell Railroad, with three names,
' | $13,500 00
Invested in real estate (for banking purposes),
.
.
.
.
.
Estimated value of the sam e,..............................................................
Amount of real estate held by fore clo su re ,...................................
Assessed value of the s a m e ,..............................................................
Amount of income received from the s a m e ,....................................
Amount of municipal tax on real e s t a t e , ....................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50,000
52,800
67,750
83,930
5,664
2,267
00
00
(0
00
00
72
366
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Cash on Deposit in Bank : —
Bunker Hill National Bank, Boston,
.
.
> 4 ....................................$81,674 40
Whole amount of interest or profits received or earned,
.
.
.
.
$273,497 43
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f 99,184 73
y e a r , ........................................................................................ 12 per cent., 1 102,992 44
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, 3f
percent.; $50,000, 3J per cent.; $743,500, 4 per cent ; $250,000,44 per
cent.; $60,000, 4§ per cent.; $-50,000, 42T_. per cent.; $923,000, 4.^ per
cent.; $202,800, 4^ per cent.; $641,600, 5 per cent.; $9,000, 5| per cent ;
$416,000, 5£ per cent.; $704,770, 6 per cent.; $94,500, 6^ per cent.;
$44,700, 7 per cent.; $22,500, 7^A.per cent.; $16,516.70,
per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 456
Aggregate amount of the s a m e , .......................................................................
736,036 70
.
.
.
4,250 00
Amount of investments from which no income is received, .
Number of open accounts,
.
.
............................................ 14,056
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
10,475 1,070,563 17
Number and amount of deposits of and exceeding $300 at anyone time,
for the previous y e a r ,............................................................................... 730
415,025 00
Number and amount of w ithdrawals,............................................
7,643
757,839 14
Number of accounts opened the previous year, .
.
.
.
1,580
Number of accounts closed the previous y e a r , .......................................989
Amount of expenses of the corporation during previous year,
.
.
.
10,123 03
20,000 00
Amount of treasurer’s bond, ................................................................................
Date of examination by commissioner: November 14.
P u b l ic F u n d s .
Estimated
Market Value.
Amount Invested.
$200,000 $227,750 00
100.000 113,875 00
250,010 305,000 00
$200,000 00
100,000 00
250,000 00
Par Value.
United States 4^s, coupon,
United States 4is, registered, .
United States 4s, registered, .
State, city and town bonds : —
State of Massachusetts, note, .
City of Charlestown 6s, coupon,
of Somerville 6s, coupon,
of Brockton 4s, coupon, .
of Lynn 4s, registered,
of Haverhill 4s, registered,
Town of Everett 6s, coupon, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
50,000
40,000
20,000
50,000
63,000
80,000
5,000
50,000
46,000
20,400
52,750
65,835
82,650
5,750
00
00
00
00
00
00
00
$858 000 $970,010 00
50,000
40,000
20,040
50,000
63,000
80,000
5,000
00
00
00
00
00
00
00
$858,000 00
1 88 5.]
P U B L IC D O C U M E N T — N o . 8,
B ank
St o c k .
Par Vaine.
Atlas Nat’l Bank. Boston,
Bunker Hill Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
Eagle Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Everett Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, Boston, .
Massachusetts Nat’l Bank, Boston, .
Merchandise Nat’l Bank, Boston, .
Naumkeag Nat’l Bank, Salem,
New England Nat’l Bank, Boston, .
Second 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, ,
367
$9,000
20,000
2,000
7,500
15,800
6,000
15,000
10,000
5,500
5,000
4,200
11,600
4,300
5,000
11.800
10,000
8,400
10,800
20,000
10,000
Estimated
Market Value.
$10,552
36,800
2,200
7,931
19,394
6,150
17,400
11,350
5,898
4,750
6,090
15,428
6,407
4,750
13,835
8,500
7,812
11,205
27,500
10,100
50
00
00
25
50
OO
00
00
75
00
00
00
00
00
50
00
00
00
00
00
$191,900 $234,054 50
Amount Invested.
$9,000
20,000
• 2,000
7,500
15,800
6,000
15,000
10,000
5,500
5,000
4,200
11,600
4,300
5,000
11,800
10,01)0
8,400
10,800
20,000
10,000
00
00
00
00
0)
nO
00
00
00
00
00
0)
00
00
00
00
00
00
00
l0
$191,900 00
R a il r o a d B o n d s .
Old Colony Railroad 7s, .
Old Colonv Railroad 6s, .
Boston fa Albany Railroad 6s,
Worcester & Nashua Railroad 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$50,000
50,000
50,000
50,000
$62,0(^2
59,750
60,875
50,000
50
00
00
00
$200,000 $232,687 50
$50,000
50,000
50,000
50,000
00
00
00
00
$200,00) 00
368
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
W A R R E N SAYINGS BANK — W AR R E N .
Incorporated 1882.
Number of corporators, 27.
J o h n W . C h a d s e y , President.
S a m u e l E . B l a i k , Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$68,424 73
80 21
261 63
s s e t s
.
' $12,064 69
27,775 00
7,186 00
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Expense account,
Cash on hand, .
.
.
.
13,000
8,178
517
44
00
99
80
09
$68,766 57
$68,766 57
Cash on Deposit in Bank: —
First National Bank, W o r c e s te r ,...................................................................... $8,178 99
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
year,
.
.
.
.............................................................. J 2 per cent., 1
Times for the dividends fixed by the by-laws, April and October.
The total amount of loans, with each specified rate of interest: $13,000, 4
per cent.; $10,600, 5 per cent.; $9,210,
per cent.; $15,151, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each, .
.'
............................................................................... 43
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,..........................................................................429
Number and amount of deposits (including dividends), received for pre
vious y
752
j e a r , .................................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................
38
Number and amouut of withdrawals,..................................................... 260
Number of accounts opened the previous y e a r , ....................................221
Number of accounts closed the previous y e a r , ....................................80
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : October 14.
$3,028 32
679 34
879 24
40,661 00
49,132 56
19,333 94
20,925 26
314 03
5,000 00
R a il r o a d B o n d s .
Par Value.
Boston & Albany Railroad 7s,.
Boston & Albany Railroad 6s,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$3,000
7,000
$3,735 00
8,400 00
$3,717 36
8,347 33
$10,000
$12,135 00
$12,064 69
I
1 8 8 5 .]
P U B L IC
D O C U M E N T — N o. 8.
369
W A T E R T O W N SAYINGS BANK — W ATE R TO W N .
Incorporated 1870.
Number of corporators, SO.
G e o r g e E. P r i e s t , Treasurer.
A l f r e d H o s m e r , President.
State m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
A
.
$266,061 53
2,800 10
4.600 00
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
Railroad bonds,
.
.
Loans on real estate,
Deposit in banks, on interest, .
Expense account,
$273,461 63
$29,18.5
48,612
29,731
159 300
6,612
20
00
87
25
00
51
00
$273,461 63
Cash on Deposit in Banks, amount in each: —
Union Market National Bank, W atertow n,.....................................................
Boston Safe Deposit and Trust Company
.
....................................
$5,327 92
1,284 59
$17,806 31
Whole amount of interest or profits received or earned,
.
. \ .
5,304 45
Rate and amount of each semi-annual dividend for previous 1 2 per cent., (
5,042 37
y e a r , ......................................................................
•
. J 2 per cent., I
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: 4 32-100.
The total amount of loans, with each specified rate of interest: $39,000,
per cent.; $95,050, 6 per cent.; $400, 6J per cent.; $18,050, 7 per cent.;
$4,850, 8 per cent.
Number of outstanding loans which arc of an amount not exceeding
$3,000 e a c h , ........................................................................................ 58
76,000 00
.............................................
Aggregate amount of the same,
3,000 00
Amount of investments from which no income is received, .
953
Number of open accounts,
,
.............................................
Number and amount of deposits (including dividends), received foi pre749
82,811 06
vious year.............................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
42
24,093 74
for the previous year...........................................................................
103,378 26
717
Number and amount of w ith d ra w a ls,............................................
134
Number of accounts opened the previous year,
.
.
.
.
Number of accounts closed the previous year,
.
•
227
1,-550 46
Amount of expenses bf the corporation during previous year, .
10,000 00
Amount of treasurer’s b o n d ,..............................................................
Date of examination by commissioner: January 31.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
370
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
P u hlic F u n d s .
Tar Value.
City and town bonds : —
City of Bangor, Me.,
of Newbury port,
of Charlestown,
of Fitchburg, . .
of Newton,
. .
of Cambridge, . .
of Boston,
. .
Town of Watertown,
of Arlington, .
of Brookline, . .
.
.
.
.
.
.
.
.
.
.
$2,000
1,000
3.000
1.000
3.000
6.000
1,000
5.000
4.000
500
$26,500
Estimated
Market Value.
$2,200
1,080
3,390
1,170
3,580
7,200
1,280
5,100
4,600
670
Amount Invested.
00
00
00
00
00
00
00
00
00
00
$2,100 00
1 .0 0 0 oo
3,300 00
1,100 00
3,535 00
7,080 00
1,190 00
5.000 00
4,280 00
600 00
$30,270 00
$29,185 00
B a n k St o c k .
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,
Continental Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
North America Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Manufacturers’ Nat’l Rank, Boston,
Massachusetts Nat’l Bank, Boston, .
Third National Bank, Boston, .
Globe Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Shoe and Leather Nat’l B’k, Boston,
Central Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
Union Market Nat’l Bank, Watert’n,
$2,000
2,500
1,200
3,200
1,000
5,000
1,900
2,000
2,500
2,000
5,250
4,000
2,500
2,000
2,500
2,000
1,227
1,200
$43,977
$2,305
2,587
1,398
3,072
1,180
5,362
1,919
2,100
2,906
1,940
5,623
3,840
2,462
2,100
2,375
1,200
1,032
1,440
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$2,000
2,700
1,240
3,200
1,275
5,600
2,014
2,155
2,800
2,000
6,037
4,000
2,684
2,255
2,725
3,000
1,227
1,700
00
00
00
00
00
00
00
00
00
00
50
00
37
00
00
00
00
00
$44,871 00
$48,612 87
$5,000
$6,075 00
$5,920 00
4,000
1,500
10,000
5,000
4,660
1,657
12,000
5,543
4,385
1,657
12,225
5,543
R a il r o a d B o n d s .
Boston and Maine Railroad
Connecticut & Passumpsic Rivers
R a i l r o a d , ................................
Cheshire Railroad, .
Boston & Albany Railroad,
Vermont & Massachusetts R.R ,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$25,500
00
00
00
00
$29,935 00
00
50
00
75
$29,731 25
1885.]
371
P U B L IC D O C U M E N T — N o . 8.
W EBSTER F IVE CENTS SAYINGS BANK — WEBSTER.
Incorporated 1868.
Number of corporators, 54.
F. D. B r o w n , President.
F. A. S t o c k w e l l , Treasurer.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$483,783 78
7,626 65
7,034 66
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Expense account,
Premium account, .
Cash on hand, .
.
.
.
$15,000
77,800
14,900
72,000
8,750
231,400
27,600
00
00
00
00
00
00
00
24,500
4,672
462
20,980
379
00
68
74
00
67
$498,445 09
$498,445 09
#
Loans on Bank Stock, amount on each: —
On 40 shares Home National Bank, Holyoke,
On 100 shares Lancaster National Bank, Clinton, .
On 17 shares First National Bank, Webster,
$3,200 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,
$8,750
7,650
256
102
10,000 00
1,700 00
00
00
81
25
Cash on Deposit in Bank : —
First National Bank, W e b s t e r , ....................................................................... $4,672 68
$24,742 54
Whole amount of interest or profits received or earned,
.
.
.
.
8,468 09
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
8,685 68
y e a r , ........................................................................................ 1 2 per cent., I
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: $12,500, 4
per cent.; $71,730, 5 per cent.; $42,090, 5£ per cent.; $172,080,6 per
cent.
Number of outstanding loans which are of an amount not exceeding $3,000
230
•
•
2,287
Number of open a c c o u n t s ,..............................................................
Number and amount of deposits (including dividends), received for pre1,769
vious y e a r , .........................................................................................
Aggregate amount of the s a m e , ..............................................................
Amount of investments from which no income is received, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
175,020 00
4,750 00
122,095 73
372
BANK
C O M M IS S IO N E R S ’ R E P O R T
[Jan.
Number and amount of deposits of and exceeding $300 at n y one time,
for the previous y e a r ,..............................................................
. 68
Number and amount of w ith draw als,............................................
1,213
Number of accounts opened the previous year,
.
. 339
Number of accounts closed the previous year,
.
.
.
.
. 267
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,..............................................................
.
.
Date of examination by commiss ioner : May 8.
$35,178 41
93,328 24
1,331 05
25,000 00
P u b lic F u n d s .
Par Value.
District, city and town bonds : —
District of Columbia,
City of Indianapolis, Ind.,
Town of Pawtucket, R. I.,
Estimated
Market Value.
Amount Invested.
$5,000
5.000
5.000
$5,925 00
6,600 00
5,325 00
$5,000 00
5.000 00
5.000 00
$15,000
$17,850 00
$15,000 00
B a n k St o c k .
Quinsigamond Nat’l ift:, Worcester,
Worcester Nat’l Bank, Worcester, .
Mechanics’ Nat’l Bank, Worcester,.
First Nat’l Bank, Worcester, .
City Nat’l Bank, Worcester, .
Southbridge N’l Bank, Southbridge,
Oxford Nat’l Bank, Oxford,
Grafton Nat’l Bank, Grafton, .
First Nat’l Bank, Webster,
Barre Nat’l Bank, Barre, .
Boylston Nat’l Bank, Boston, .
Shoe and Leather Nat’l B’k, Boston,
State Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Mei'chants’ 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,
Old Boston Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
City Nat’l Bank, Boston, .
Lincoln Nat’l Bank, Boston,
Uncas Nat’l Bank, Norwich, Ct.,
First Nat’l Bank, Norwich, Ct.,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$6,100
8,000
2,300
1,200
2,300
500
3,800
1,000
9,200
2,300
1,900
7,400
1,000
3,600
1,000
6,400
4,800
3,400
400
2,500
1,01.0
500
200
2,000
2,500
2,500
$77,800
$6,710
10,400
2,875
1,980
2,460
700
4,370
1,150
11,040
2,875
2,242
7,200
1,220
3,996
1,340
7,360
5,184
4,080
472
3,000
1,200
525
220
2,000
2,875
2,800
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$90,274 00
$6,100
8,000
2,300
1,200
2,300
500
3,800
1,000
9,200
2,300
1,900
7,400
1,000
3,600
1,000
6,400
4,800
3,400
400
2,500
1,000
500
200
2,000
2,500
' 2,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
CO
00
00
00
00
00
00
00
$77,800 00
1885.]
373
P U B L IC D O C U M E N T — N o . 8.
R a il r o a d B o n d s .
Estimated
Market Value.
Par Value.
Lowell & Lawrence Railroad 6s,
Mansfield & Framingham R. R. 6s, .
Boston & Albany Railroad 7s,
Newport & Richford Railroad 5s, .
Old Colony Railroad 7s, .
Old Colony Railroad 6s, .
Vermont & Massachusetts R. R. 5s,
Boston, Revere Beach & Lynn Railroad 6 s , ................................
Boston, Clinton, Fitchburg & New
Bedford Railroad 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
5,000
5,000
5,000
12,000
10,000
10,000
00
00
00
00
00
00
00
$5,000
5,000
5,000
5,000
12,000
10,000
10,000
$5,000
5,050
6,200
5,250
14,880
11,900
11,200
10,000
11,500 00
10,000 00
10,000
11,500 00
10,000 00
$72,000
$83,480 00
$72,000 00
/
00
00
00
00
00
00
00
Amount Invested.
374
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
W ELLFLEET SAYINGS BANK — W ELLFLEET.
Incorporated 1863.
Number of corporators, 59.
R ic h a r d R . F r e e m a n , President.
T homas K
em p,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
Bills payable,
.
A
$330,564
8,136
13,886
1,709
00
05
66
05
s s e t s
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate,
.
.
.
.
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Cash on hand, .
.
.
.
$354,295 76
$201,051 36
10,000 00
2,000 00
122,180-11
9,449 44
3,300 00
4,423 47
1,891 08
$354,295 76
Invested in real estate (for banking p u r p o s e s ),..............................................$ 2 ,0 0 0 0 0
Estimated value of the sa m e,...............................................................................
3,000 00
Amount of municipal tax on real estate,
.
.
....................................
33 00
Cash on Deposit in Bank: —
Blackstone National Bank, Boston,
.............................................................. $4,423 47
Whole amount of interest or profits received or earned
.
.
.
.
$18,558 14
Rate and amount of each semi-annual dividend for previous )«2 per cent., r
6,290 16
yeai’> .........................................................................................i 2 per cent., \
6,354 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 : 5f.
Ihe total amount of loans, with each specified rate of interest: $38,000, 5
per cent. ; $6,500, 5£ per cent. ; $90,429.85, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each ,............................................ .
............................................ 50
Aggregate amount of the same...............................................................................
Number of open a c c o u n t s ,............................................................................
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 4 11
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year.....................................................................................
18
Number and amount of withdrawals.........................................
402
Number of accounts opened the previous y e a r , ................................... 81
Number of accounts closed the previous y e a r , ....................................82
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner : August 22.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
39 460 51
^ 779
2g
03
683 15
1 1 ,5 5 3
39
1,598 65
20 000 00
1885.]
375
P U B L IC D O C U M E N T — N o . 8
Bank
Sto ck .
Tar Value.
Traders’ Nat’l Bank, Boston, .
Webster Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Faneuil Hall Nat’l Bank, Boston, .
Globe Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Shawmnt Nat’l Bank, Boston, .
Second Nat’l Bank, Boston,
Shoe and Leather Nat‘1 B’k, Boston,
Boylston Nat’l Bank, Boston, .
Howard Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Suffolk National Bank, Boston,
Boston Nat’l Bank, Boston,
Manufacturers’ Nat’ l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Central Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Hide and Leather N’l Bank, Boston,
Old Boston Nat’l Bank, Boston,
Mt. Vernon Nat’l Bank, Boston,
North Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Hamilton Nat’l Bank, Boston,.
Eagle Nat’l Bank, Boston,
State Nat'l Bank, Boston,
Atlas Nat’l Bank, Boston,
Nat’l Bank of Republic, Boston,
Third Nat’ l Bank, Boston,
New England Nat’l Bank, Boston, .
Continental Nat’l Bank, Boston, q
First Natl Bank, Provincetown,
R a il r o a d
Vermont & Massachusetts Railroad,
Newport & Richford Railroad,
Estimated
Market Value.
Amount Invested.
$828 00
3,535 00
3,289 00
5,280 00
4,200 00
12,720 00
10,350 00
3,322 00
760 00
4,140 00
1,725 00
8,080 00
3,390 00
3,510 00
1,170 00
5,917 00
10,185 00
5,043 75
2,024 00
9,386 00
3,000 00
2,560 00
4,340 00
7,490 00
9,720 00
10,185 00
10,980 00
10,947 00
11,418 00
18,000 00
3,300 00
8,640 00
3,840 00
$1,100 00
3,500 00
2,300 00
4,000 00
4,200 00
9,539 75
9.000 00
2,200 o o
800 00
3,600 o o
1,500 00
9,532 75
4,618 10
3,000 00
1,000 00
6,100 00
9,692 88
*15,108 75
1,998 00
9,612 63
2,500 00
2,540 00
4,210 63
9,713 25
9,632 25
9,670 37
9,682 00
8,900 00
8,900 00
*20,000 00
2,500 00
8,000 o o
2,400 00
$182,900 $203,274 75
$201,051 36
$900
3,500
2,300
4,000
4,200
10,600
9,000
2,200
800
3,600
1,500
8,000
3,000
3,000
1,000
6,100
9,700
7,500
1,800
7,700
2,500
2,000
3,500
7,000
8,100
9,700
9,000
8,900
8,900
20,000
2,500
8,000
2,400
B onds.
$5,000
5,000
$5,500 00
5,200 00
$5,000 00
5,000 00
$10,000
$10,700 00
$10,000 00
* This bank has been notified that these investments exceed the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
376
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan
WESTBOROUGH SAYINGS BANK — W ESTBOROUGH.
Incorporated 1869.
Number of corporators, 64.
I
■,* President.
G e o r g e 0 . B r i g h a m , Treasurer.
State m e n t.
Liabilitie S.
Deposits, .
Earnings undivided, .
Guaranty fund, .
Suspense account,
ASSET3.
$573,616 80
10,171 25
9,500 00
177 2 Q
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
1 Deposit in banks, not on inter
est, .
.
.
.
.
.
Expense account,
$35,500
57,900
3,000
11,209
398,053
67,766
00
00
00
82
52
00
11,500 00
3,453 10
5,069 46
13 35
$593,465 25
$593,465 25
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,
$11,209 82
10,625 00
816 0 0
168 10
Cash on Deposit in Banks, amount in each : —
First National Bank, W e s t b o r o u g h ,..............................................................
Commonwealth 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.,
$5,069 46
3,453 10
$27,976 98
10,542 27
7 ear>
............................................................................... ............ 2 £ per cent., t
13,535 84
Times for the dividends fixed by the by-laws : February and August.
Aveiage 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: $24,000, 5
per cent.; $441,819.52, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each..............................
..................................................... 256
Aggregate amount of the s a m e , .......................................................................
278,594 00
Number of open accounts,
............................................................... 1 879
Number and amount of deposits (including dividends) received for pre
vious y e a r , ........................................................................................ ...........
141,913 73
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year, .
.
.
..................................................... jq
Number and amount of w ith d ra w a ls,............................................ 1 3 12
Number of accounts opened the previous y e a r , ....................................3 77
Number of accounts closed the previous y e a r , ....................................279
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
* President deceased.
f
47,629 48
126,037 10
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
377
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner: June 18.
$1,215 75
20,000 00
P u b l ic F u n d s .
Par Value.
City and town bonds: —
City of Rockland, Me., 6s,
Town of Westborough water bonds,
Estimated
Market Value.
Amount Invested"
$2,500
33,000
$2,500 00
34,700 00
$2,500 00
33,000 00
$35,500
$37,200 00
$35,500 00
B a n k St o c k .
Traders’ Nat’l Bank, Boston, .
First Nat’l Bank, Westborough,
Millburv Nat’l Bank, Millbury,
Tremont Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
Everett Nat’l Bank, Boston,
New England Nat’l Bank, Boston, .
Northboro’ Nat’l Bank, Northboro’,
Grafton Nat’l Bank, Grafton, .
Marlboro’ Nat’l Bank, Marlboro’
Commerce Nat’l Bank, Boston,
Nat’l Bank of Republic, Boston,
Hide and Leather Nat’l B’k, Boston,
Redemption Nat’l Bank, Boston,
City Nat’l Bank, Worcester, .
Quinsigamond Nat’l B’k, Worcester,
$4,600
16,400
2,000
3,600
4,200
1,600
3,000
600
2,000
500
10,000
800
1,000
1,900
2,000
2,200
1,500
$4,400
16,400
2,600
3,900
5,670
1,600
3,200
780
2,400
550
10,000
900
1,200
2,200
2,400
2,500
1,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$4,600
16,400
2,000
3,600
4,200
1,600
3,000
600
2,000
500
10,000
800
1,000
1,900
2,000
2,200
1,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$62,200 00
$57,900 00
$2,000
1,000
$2,000 00
1,100 00
$2,000 00
1,000 00
$3,000
$3,100 00
$3,000 00
$57,900
R a il r o a d B o n d s .
Boston, Clinton & Fitchburg R. R .,.
Fitchburg Railroad, . . . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
378
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
W ESTFIELD SAYINGS BANK — W ESTFIELD.
Incorporated 1853.
Number of corporators, 53.
V . W . C r o w s o n , Treasurer.
S a m u e l F o w l e h , President.
St a t e m e n t .
Deposits, .
Earnings undivided, .
Guaranty fund, .
Real estate rent ac
count,
Other liabilities,
.
A
$799,104 38
17,736 85
14,753 77
3,188 54
6,845 87
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, not on inter
est, ............................................
Expense account,
Deferred profit and loss account,
Deferred premium account,
Other assets.................................
Cash on hand, .
.
.
.
$841,629 41
©
©
o
ia b il it ie s
GO
L
62,600
3,575
20,363
448,452
73,030
00
00
00
64
64
00
24,000 00
151
315
14,281
10,996
871
1,990
46
85.
87
37
95
63
$841,629 41
Loan on Bank Stock: —
On 37 shares First National Bank, W e s t f i e l d , ............................................ $3,575 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,
$20,363
19,550
652
283
64
00
14
44
Cash on Deposit in Bank: —
First National Bank, W e s t f i e l d ,.......................................................................$ 1 5 1 46
Whole amount of interest or profits received or earned,
.
.
.
.
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f
y e a r , ............................................................................... J 2 per cent., 1
Times for the dividends fixed by the by-laws : January 10 and July 10.
The total amount of loans, with each specified rate of interest: $5,250,
4 per cent.; $543,807.64, 5 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 276
Aggregate amount of the s a m e , .......................................................................
Number of open a c c o u n t s ,....................................................................... 2,763
Number and amount of deposits (including dividends) received for pre
vious y e a r , ..................................................................................................6,902
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................... 154
Number and amount of w ith d raw als,......................................................1,852
Number of accounts opened the previous y e a r , .......................................363
Number of accounts closed the previous year...............................................366
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$36,234 10
15,549 66
15,655 10
278,654 48
199,112 22
91,882 18
180,908 40
1 8 8 5 .]
P U B L IC D O C U M E N T — No. 8.
379
Amount of expenses of the corporation during previous year,
.
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : September 8.
$1,407 95
10,000 00
P u b l ic F u n d s .
Estimated
Par Value.
United States currency 6s,
United States 4^s, . . .
United States 4s,
. . .
.
City and town bonds : —
City of Providence, R. I., water,
of Chelsea,
. . . .
of Northampton,
of Charlestown,
Town of Westfield, water,
$10,000
20,000
57,000
10,000
3.000
3.000
3.000
45,000
Market Value.
$51,310 00
22,550 00
69,540 00
11,550
3,495
3,360
3,420
45,000
00
00
00
00
00
$181,000 $210,225 00
Amount Investe d
$45,918 93
20,000 00
59,002 04
11,683
3,553
3,449
3,388
45,000
00
92
98
50
00
$191,996 37
Ba n k S t o c k .
First Nat’l Bank, Westfield, .
Hampden Nat’l Bank, Westfield,
Hampshire Co.N’l B’k,Northampton,
Agawam Nat’l Bank, Springfield, .
City Nat’l Bank, Springfield, .
Nat’l Bank of Redemption, Boston,.
North America Nat’l Bank, Boston,
Eagle Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Atlas Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
$28,200
800
3,000
3,200
5,000
9,600
2,500
2,000
500
4,300
3,500
$38,070
1,200
3,750
4,160
6,250
10,584
2,575
2,115
580
4,988
3,937
$62,600
$78,209 50
00
00
00
00
00
00
00
00
00
00
50
*$36,688
1,140
3,000
3,672
5,000
12,395
2,732
2,300
566
5,343
4,084
25
00
00
00
00
87
00
00
25
50
00
$76,921 87
* This bark was notified that this investment exceeded the legal limit; and this amount has
been reduced since this return was made.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
380
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
W EYM OUTH SAYINGS BANK — W EYM O U TH .
Incorporated 1833.
Number of corporators, 65.
H e n r y A . N a s h , President.
C h a r l e s T. C r a n e , Treasurer.
Statem en t.
L
ia b il it ie s
Deposits,
Earnings undivided,
Guaranty fund, .
.
A
$510,992 82
22,804 35
15,745 00
s s e t s
.
Public funds, .
Loans on public funds,
D e lIIIV stock,
M U U IV ,
.
.
.
.
Bank
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
LU VV115 j
•
•
•
•
towns,
.
Deposit in banks, on interest,
Suspense account,
Cash on hand, .
$549,542 17
$5,750 00
6,000 00
47,400
21,810
76,452
330,630
14,172
00
00
00
00
00
5,000
36,276
5,800
251
00
82
00
35
$549,542 17
Loan on Public Funds and Railroad Bond: —
On $2,000 City of Salem bonds,
On $3,000 City of Charlestown bonds, .
On $1,000 Boston, Clinton & Fitchburg Railroad bond,*
Amount of real estate held by foreclosure,..................................................... $76,452 00
Assessed value of the same, .
56,350 00
Amount of income received from the same,
3,235 50
Amount of municipal tax on real estate,
956 18
Cash on Deposit in Banks, amount in each: —
Union National Bank, W e y m o u t h , .............................................................. $34,148 79
National Bank of Republic, Boston,
2,128 03
Whole amount of interest or profits received or earned,
.
.
.
.
$30,558 96
Rate and amount of each semi-annual dividend for previous | 2 per cent., j
10,026 48
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.
The total amount of loans, with each specified rate of interest: $18,500,
4 per cent.; $1,100, 4£ per cent.; $26,900, 5 per cent.; $5,250, 5J per
cent.; $194,479, 6 per cent.; $54,334, 6J per cent.; $32,759, 7 per cent.;
$10,600, 7£ per cent.; $11,880, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ......................................................................................................... 218
Aggregate amount of the s a m e , .......................................................................
223,347 00
Amount of investments from which no income is received, .
.
.
.
3,150 00
Number of open a c c o u n t s ,.............................................................. 1,645
* This bank has been notified that this loan exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
382
BANK
C O M M IS S IO N E R S ’ R E P O R T
W HITINSYILLE
SAVINGS BANK — W H ITIN SV ILLE .
Incorporated 1872.
C h a r l e s P. W
h it in ,
[Jan.
Number of corporators, 62.
H. A . G o o d e l l , Treasurer.
President.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
$282,455 13
8,243 76
4,007 37
s s e t s
.
Public funds.................................
Bank stock,
.
.
.
.
Railroad bonds,
Loans on real estate,
Loans on personal security,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est, .............................................
Expense account,
$294,706 26
$10,000
78,961
40,000
78,527
83,950
325
00
29
00
50
00
00
2,455 15
487 32
$294,706 26
Cash on Deposit in Banks, amount in each: —
National Bank of the Commonwealth, B o s t o n ,............................................ $325 00
Whitinsville National B a n k ,................................................................................
2,455 15
Whole amount of interest or profits r e c e i v e d , ............................................. $13,442 57
Rate and amount of each semi-annual dividend for previous 1 2 per cent., f
5,108 12
y e a r , ................................................................................J 2 per cent., 1
5,280 94
Times for the dividends fixed by the by-laws: May 1 and Nov. 1.
The total amount of loans, with each specified rate of interest: $10,000, 4
per cent.; $43,000, 4J per cent.; $24,000, 5 percent.; $35,500,
per
cent.; $48,105, 6 per cent; $1,800, 7 per cent; $572.50, 7^ per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ................................................................................................................44
Aggregate amount of the same,
.
.
.....................................................
37,577 50
Number of open a c c o u n t s ,.......................................................................... 958
Number and amount of deposits (including dividends), received for pre
vious year, ................................................................................................... 709
68,90316
Number and amount of deposits of and exceeding $300 at any one time,
for the previous year, ................................................................................
50
26,701 16
N u m b er and am ount o f Avithdrawals ........................................................... 572
61,195 61
Number of accounts opened the previous y e a r , ....................................... 142
Number of accounts closed the previous year,
.
.
.
.
.
144
Amount of expenses of the corporation during previous year,
.
.
.
550 00
Amount of treasurer’s bond, ....................................................................... ........
20,000 00
Date of examination by commissioner : May 7.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1885.]
PUBLIC DOCUMENT — No. 8
P u b l io
F
u n d s.
Par Value.
City and town bonds : —
City of Norwich, Conn., 5s,
of Fall River 6s,
of Manchester, N. H., 6s,
Town of Douglas 4|s,
$1,000
5.000
3.000
1.000
$10,000
Bank
Atlantic Nat’l Bank, Boston, .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
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, .
Exchange Nat’l Bank, Boston,
Eliot 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,
No. America Nat’l Bank, Boston, .
Northborough Nat’l Bank, Northb o r o u g h , ................................
Redemption Nat’l Bank, Boston, .
Republic Nat’l Bank, Boston, .
Revere Nat’l Bank, Boston,
Union Nat’l Bank, Boston,
Webster Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
383
Estimated
Market Value.
$1,140
6,250
3,450
1,000
00
00
00
00
$11,840 00
Amount Invested
$1,000
5.000
3.000
1.000
00
00
00
00
$10,000 00
St o c k .
$3,900
3,000
2,000
2,000
300
1,600
3,000
1,100
4,000
3,000
1,000
1,000
1,000
2,500
3,000
■4,200
3,000
1,000
2,500
3,000
$5,967
3,690
2,062
2,300
348
2,032
3,457
1,221
4,680
3,360
1,180
1,200
1,310
2,750
3,217
5,659
3,900
1,320
3,125
3,240
00
00
50
00
75
00
50
00
00
00
00
00
25
00
50
50
00
00
00
00
$5,640
3,795
2,651
2,998
323
2,225
3,752
1,334
4,500
3,735
1,740
1,167
1,398
3,360
3,760
6,055
3,541
1,485
3,243
3,287
75
00
17
00
25
00
50
00
00
00
00
50
75
25
62
75
75
00
75
50
1,600
5,000
2,800
1,900
1,000
2,000
2,080
6,250
3,626
2,242
1,422
2,040
00
00
00
00
50
00
2,080
7,287
3,578
2,369
1,372
2,277
00
50
50
75
50
50
$60,400
$73,681 50
$78,961 29
384
BANK COMMISSIONERS’ REPORT.
R
a il r o a d
B
o n ds.
Par Value.
Providence & Worcester Railroad, .
Old Colony Railroad,
Salem & Lowell R. R., .
Worcester & Nashua Railroad,
Vermont & Massachusetts Railroad,
Connecticut & Passumpsic R. R.R .
Fitchburg Railroad,
Boston & Lowell Railroad,
Massawippi Valley (guaranteed by
Conn. & Pass. Rivers Railroad), .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
[Jan
$12,000
7,000
3,000
1,000
2,000
4,000
1,000
5,000
Estimated
Market Value.
$14,400
8,190
3,300
1,050
2,160
4,700
1,100
5,175
00
00
00
00
00
00
00
00
Amount invested.
$12,000
7,000
3,000
1,000
2,000
4,000
1,000
*5,000
00
00
00
00
00
00
00
00
5,000
5,250 00
5,000 00
$10,000
$45,325 00
$40,000 00
* This bank has been notified that this investment is illegal.
PUBLIC DOCUMENT — No. 8.
1885.]
385
W INCHENDON SAVINGS BANK — WINCHENDON.
Incorporated 1854.
Number of corporators, 108.
O r l a n d o M a s o n , President.
C. L. B e a l s , Treasurer.
St a t e m e n t .
L ia b il it ie s .
Deposits, .
Earnings undivided, .
Guaranty fund, .
A ssets.
$588,264 29
31,486 98
18,430 27
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate b.v foreclosure,
Loans on real estate,
Loans on personal security.
Deposit in banks, not on inter
est,
...................................
Cash on hand, .
.
.
.
$638,181 54
$83,000 00
1,700 00
2 1 ,0 0 0 00
1 ,2 0 0 00
283,505 52
*226,142 14
11,470 08
9,563 80
$638,181 54
Loans on Bank Stock: —
On 20 shares First National Bank, Winchendon,............................................
$1,700
Amount of real estate held by foreclosure, .
............................................
Assessed value of the s a m e ,...............................................................................
Amount of income received from the same.........................................................
Amount of municipal tax on real e s t a t e , .....................................................
$ 1.2 0 0 00
1,200 00
00
156 00
16 80
Cash on Deposit in Bank: •—
First National Bank, Winchendon........................................................................
$11,470 08
Whole amount of interest or profits received or earned,
.
.
.
.
$35,018 47
Rate and amount of each semi-annual dividend for previous ) 2 per cent., $
10,829 76
y e a r , ............................................................................... ) 2 per cent., (
11,174 03
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: 4£.
The total amount of loans, with each specified rate of interest: $62,354.54,
5 per cent.; $ 2 .0 0 0 , 5 1 per cent.; $87,300, 5J per cent.; $2,350, 5| per
cent.; $347,343.12, 6 per cent.; $10,000, 6 ^ per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , .......................................................................................................175
Aggregate amount of the same,
.
..............................................................
160,193 12
Number of open a c c o u n t s ,.......................................................................1,865
Number and amount of deposits (including dividends), received for pre
vious y e a r , .............................................................................................. 986
101,694 75
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,............................................................................. 57
29,115 02
Number and amount of w ithdraw als,.................................................. 822
80,128 50
Number of accounts opened the previous year,
.
.
.
.
.
182
Number of accounts closed the previous y e a r , ................................ 266
* This bank has been notified that these loans exceed the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•386
BANK COMMISSIONERS’ REPORT
[Jan
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s b o n d ,...............................................................................
Date of examination by commissioner : August 4.
$1,226 72
50,000 00
B a n k St o c k .
Par Value.
First Nat’l Bank, Boston,
Mechanics’ Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Merchants’ Nat'l Bank, Boston,
Faneuil Hall Nat’l Bank, Boston, .
Commonwealth Nat’ l Bank, Boston,
Nat’l Bank of Redemption, Boston, .
First Nat’l Bank, Leominster, .
First Nat’l Bank, Winchendon,
Fitchburg Nat’l Bank, Fitchburg, .
Rollstone Nat’l Bank, Fitchburg, .
$1,600
3,400
6,700
10,000
4.800
2.500
10,000
8.500
25,300
1,000
9.800
Estimated
Market Value.
$3,040 00
4,080 00
7,906 00
12,500 00
5,760 00
2,500' 00
10,000 00
7,650 00
34,155 00
1,400 00
13,720 00
$83,600 $102,711 00
Fitchburg Railroad,
Cheshire Railroad, .
.
Amount Invested.
$1,600
3,400
6,700
10,000
4.800
2.500
10,000
8.500
*25,300
1,000
9.800
$83,600 00
R a il k o a d
B onds.
.
$15,000
6,000
$17,250 00
6,300 00
$15,000 00
6,000 00
$21,000
$23,550 00
$21,000 00
.
* This bank has been notified that this investment exceeds the legal limit.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
00
00
00
00
00
00
00
00
00
00
00
1885.]
387
P U B L IC D O C U M E N T — N o. 8
W INCHESTER SAYINGS BANK — W INCHESTER.
Incorporated 1871. Number of corporators, 31.
T h o m a s P . A y e r , President.
J o h n T . M a n n y , Treasurer.
Sta te m e n t.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
Premium account,
.
A
$311,887
1,346
4,470
2,455
65
00
14
00
s s e t s
.
Bank stock,
.
.
.
.
Railroad bonds,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in bank, on interest, .
Expense account,
Furniture and safe, .
Cash on hand, .
.
.
.
$320,158 79
$34,006
12,457
114,175
55,975
25
50
00
00
97,954
4,359
1
400
829
25
54
73
00
52
$320,158 79
Cash on Deposit in Bank: —
Eliot National Bank, Boston,............................................ \
.
.
.
$ 4 ,3 5 9 54
Whole amount of interest or profits received or earned,
.
.
.
.
$16,982 55
Rate and amount of each semi-annual dividend for previous 1
per cent., (
6,651 24
y e a r , ........................................................................................J 2^ per cent., \
7,089 26
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.
The total amount of loans with each specified rate of interest: $4,359.54,
3 per cent.; $10,000, 3| per cent.; $20,300, 4 per cent.; $14,000, 4$ per
cent.; $10,000, 4£ per cent.; $67,700,5 per cent.; $3,500, 5| per cent.;
$13,500, 5£ per cent.; $109,925, 6 per cent.; $3,000, 6 £ per cent.; $16,325,
7 per cent.; $200, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ......................................................................................................... .......
Aggregate amount of the s a m e , .......................................................................
50,400 00
Number of open a c c o u n t s , ............................................ ........
.
1,137
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 1 ,4 5 7
9 3 ,4 3 8 46
Number and amount of deposits of and exceeding $300, at any one time,
for the previous year........................................................................................ 4 3
25,454 56
Number and amount of withdrawals........................................................... 768
56,095 82
Number of accounts opened the previous y e a r , .......................................183
Number of accounts closed the previous y e a r , .........................................79
Amount of expenses of the corporation during previous year, .
.
.
962 79
Amount of treasurer’s b o n d ,...............................................................................
5,000 00
Date of examination by commissioner : April 24.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
388
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
B a n k St o c k .
Par Value.
Faneuil Hall Nat’l Bank, Boston, .
State Nat’l Bank, Boston,
Nat’l Bank of No. America, Boston,
Hamilton Nat’l Bank, Boston,.
Metropolitan Nat’l Bank, Boston, .
Eliot Nat’l Bank, Boston,
Atlas Nat’l Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Eagle Nat’l Bank, Boston,
First Nat’l Bank, Woburn,
Globe Nat’l Bank, Boston,
Atlantic Nat’l Bank, Boston, .
Union Nat’l Bank, Boston,
Nat’l Bank of Redemption, Boston,
Nat’l Bank of Republic, Boston,
Howard Nat’l Bank, Boston, .
Exchange Nat’l Bank, Boston,
$2,500
1,100
500
400
3,000
3,000
2.200
1,700
1,300
2,000
3,000
1,000
2,000
1,000
1,000
500
1,500
$27,700
Estimated
Market Value.
$3,256
1,289
575
480
3,352
3,682
2,590
1,887
1,374
2,700
2,962
1,502
2,750
1,102
1.285
567
1,710
25
75
00
00
50
50
50
00
75
00
50
50
00
50
00
50
00
Amount Invested.
$3,285
1,361
570
496
8,100
3,240
2,583
2,076
1,472
3,000
3,330
1,501
2,876
1,282
1,290
618
1,923
00
25
00
00
00
00
00
25
25
00
00
25
25
50
00
75
75
$33,008 25
$34,006 25
$4,000
2,000
5,000
$4,706 40
2,400 00
5,883 00
$4,800 00
2,162 50
5,495 00
$11,000
$12,989 40
$12,457 50
R a il r o a d B o n d s .
Old Colony Railroad
Boston & Albany Railroad,
Fitchburg Railroad . . .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
1885.]
389
P U B L IC D O C U M E N T — N o. 8
W OBURN FIVE CENTS SAVINGS BANK — WOBURN.
Incorporated April 11, 1854.
Number of corporators, 11.
E. E. T h o m p s o n , Treasurer.
J o h n C u m m in g s , President.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
A
.
$610,010 28
24,000 94
6,542 82
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Cash on hand, .
.
.
$610,554 04
$9,000
194.942
4,870
19,275
277,172
79,505
00
00
00
00
00
00
5,582 79
49,005 25
1 ,2 0 2 00
$640,554 04
Amount of real estate held by foreclosure,.....................................................$19,275 00
Assessed value of the s a m e ,...............................................................................
23,875 00
Amount of income received from the same.........................................................
1,773 19
619 20
Amount of municipal tax on real e s t a t e , .....................................................
Cash on Deposit in Banks, amount in each : —
First National Bank, W o b u r n , .......................................................................$33,774 56
Shawmut National Bank, Boston,.......................................................................
15,230 69
Whole amount of interest or profits received or earned,
.
.
.
.
$32,799 03
Rate and amount of each semi-annual dividend for previous ^ 2 per cent., J
10,586 15
year................................................................................................i 2 percent.,!
11,263 34
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.
The total amount of loans, with each specified rate of interest: $28,500, 4^
per cent.; $143,832, 5 per cent.; $33,564, 5£ per cent.; $142,263, 6 per
cent.; $2,000, 6 ^ per cent.; $10,700, 7 per cent.; $1,200, 8 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 176
Aggregate amount of the s a m e , .......................................................................
125,509 79
Amount of investments from which no income is received, .
.
.
.
822 00
Number of open a c c o u n t s ,..............................................................2,841
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
3,397
162,211 32
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................
69
41,571 82
Number and amount of w ithdraw als,............................................
1,536
102,457 51
Number of accounts opened the previous y e a r , ................................... 549
Number of accounts closed the previous y e a r , .......................................305
Amount of expenses of the corporation during previous year,
.
.
.
2,857 81
Amount of treasurer’s b o n d ,................................................................................
20,000 00
Date ot examination by commissioner : May 3.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
S90
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
P ublic F unds .
Town bonds : —
Town of Pawtucket, R, I., 6s, .
Par Value.
Estimated
Market Value.
Amount Invested.
$9,000
$10,600 00
$9,000 00
B a n k Sto c k .
Atlas Nat’l Bank, Boston,
Blackstone Nat’l Bank, Boston,
Boston Nat’l Bank, Boston,
Continental Nat’l Bank, Boston,
Commerce Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
Faneuil Hall, Nat’l Bank, Boston, .
Freeman’s Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, Boston, .
New England Nat’l Bank, Boston, .
Old Boston Nat’l Bank, Boston,
Revere Nat’l Bank, Boston,
Nat’l Bank of the Republic, Boston,
Shawmut Nat’l Bank, Boston, .
Shoe and Leather Nat’l B’k, Boston,
Second Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, B.oston, .
Webster Nat’l Bank, Boston, .
First Nat’l Bank, Woburn,
$16,000
10,500
2,000
6,700
7,700
4,500
5,500
5,000
12,800
3,500
11,500
1,000
14,500
4,600
13,300
17,000
2,000
3,900
10,500
5,000
11,800
$15,242
10.841
2,250
7,100
8,700
5,467
7,177
5,275
14,928
4,000
15,500
1,200
17,218
5,911
15,295
16,500
3,000
4,426
10,900
5,200
15,930
50
25
00
00
00
50
50
00
00
00
00
00
75
00
00
00
00
50
00
00
00
$166,300 $192,063 00
$16,000
11,000
2,400
7,200
9,300
5,500
7,000
5,523
14,800
4,200
15,800
1,200
16,800
5,911
15,400
17,000
3,000
4,600
11,178
5,200
15,930
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$194,942 00
R a ilr o ad B onds .
Boston & Albany Railroad 7s,.
Boston & Lowell Railroad 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$3 000
1,000
$3,600 00
1,120 00
$3,750 00
1,120 00
$4,000
$4,720 00
$4,870 00
1 885.]
391
P U B L IC D O C U M E N T — N o. 8
WORCESTER COUNTY INSTITUTION FOR SAYINGS — WORCESTER.
Incorporated Feb. 5, 1828.
Number of corporators, 170.
C h a r l e s A. C h a s e , Treasurer.
S t e p h e n S a l i s b u r y , President.
State m e n t.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
$9,034,844 71
229,706 42
215,000 00
A
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Loans to railroads, .
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Suspense account,
Cash on hand, .
.
.
.
$2,354,300
795,700
49,000
1,044,000
175,000
25,983
2,772,495
1,226,075
00
00
00
00
00
38
00
00
717,725
313,523
2,405
2,024
1,318
00
79
83
71
42
$9,479,551 13
$9,479,551 13
Loans on Bank Stock, amount on each : —
On 390 shares First National Bank, Worcester,
On 100 shares Franklin County National Bank, Greenfield,
.
$39,000
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,
.
$25,983 38
42,300 00
1,101 67
706 58
.
$30,000 0 0
25,000 00
61,000 00
50,000 00
5,000 0 0
56,523 79
51,000 00
25.000 00
00
1 0 ,0 0 0 00
Cash on Deposit in Banks, amount in each
Citizens’ National Bank, Worcester,
City National Bank, Worcester,
First National Bank, Worcester,
Mechanics’ National Bank, Worcester, .
Quinsigamond National Bank, Worcester,
Worcester National Bank, Worcester, .
National Bank of Commonwealth, Boston,
Wachusett National Bank, Fitchburg, .
Holyoke National Bank, Holyoke,
1 0 ,0 0 0 00
Whole amount of interest or profits received.............................................
. $167,041 06
Rate and amount of each semi-annual dividend for previous ) 2 per cent, , f 170,185 46
y e a r,........................................................................................J 2 per cent.
,1 172,899 09
Times for the dividends fixed by the by-laws : January 15 and July 15.
The total amount of loans, with each specified rate of interest: $50,000, 3|
per cent.; $561,200, 4 per cent.; $327,525, 4] per cent.; $80"*,000, 4.^ per
cent ; $56,000, 4| per cent.; $2,831,640, 5 per cent.; $45.000, 5£ per
cent.; $256,430, 6 per cent.; $3,500, 7 per cent.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
392
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
Number of outstanding loans which are of an amount not exceeding $3,000
e a c h , ............................................................................................................. 880
Aggregate amount of the s a m e , .......................................................................$1,167,500 00
Number of open a c c o u n t s ,..............................................................
20,591
Number and amount of deposits (including dividends), received for pre
14,151
1,456,08392
vious y e a r , ........................................................................................
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,....................................................................................858
48^,508 00
Number and amount of withdrawals.................................
12,771
1,276,866 03
Number of accounts opened the previous year, .
.
.
.
2,623
Number of accounts closed the previous year,
.
.
.
.
2,507
Amount of expenses of the corporation during previous year, .
.
.
14,257 13
Amount of treasurer’s b o n d ,...............................................................................
50,000 00
Date of examination by commissioner : September 16.
P u b lic F u n d s .
Par Value.
United States 4Js,
United States 4s,
.
.
.
.
.
.
.
District of Columbia 6s, .
County, city and town bonds : —
County of Hillsborough, N. H.,
of Strafford, N. H., 4s,
City of Worcester 6s,
of Worcester 5s,
of Worcester 4s,
of Charlestown 6s, .
of Chelsea 4|s,
of Fitchburg 6s,
of Lawrence 6s,
of Lowell 6s,
of Lynn 6s,
. . . .
of Newton 6s, . . . .
of New Bedford 6s, .
of Salem 5s,
. . . .
of Concord, N. H., 6s,
of Dover, N. IL. 6s, .
of Manchester, N. H., 6s,.
of Manchester, N. IL, 4s, .
of Nashua, N. H., 6s,
of Providence, R. I., 4^s, .
of Providence, R. I., 5s, .
of Meriden, Conn., 7s,
of New London, Conn., 7s,
of Norwich, Conn., 5s,
of Columbus, O., 6s,
of Columbus, O., 4s,
of Cleveland, O., 7s,.
of Indianapolis, Ind., 7-30s,
Town of Brookline 7s,
of Northampton 6s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Estimated
Market Value.
Amount Invested.
$50,000
553,800
$56,937 00
675,636 00
$50,000 00
553,800 00
60,000
66,690 00
60,000 00
6,000
42,000
105,500
91,0« 0
700,000
5,000
46-,000
35,000
5,000
36,000
50,000
40,000
5,000
22,000
500
2,000
38,500
8,000
34,000
50,000
50,000
26,000
25,000
14,000
32,000
20,000
20,000
8,000
20.0 0
13 OOO
6,150 00
42,420 00
113,940.00
99,190 00
728,000 00
5,500 00
47,380 00
39,900 00
5,500 00
39,960 00
60,000 00
51,200 00
6,200 00
25,300 00
590 00
2,3( 0 Of)
45,000 00
8.280 00
38,420 00
54,000 00
58,000 00
29,250 09
35,000 00
15,820 00
SU,800 00
20,400 00
24,700 00
9,660 00
26,000 O')
15,000 00
6,000
42,000
105,500
91,000
700,000
5,000
46,000
35,000
5,000
36,000
50,000
40,000
5,000
22 000
500
2,000
38,500
8.000
34,000
50,000
50,000
26,000
25,000
14.000
32,000
20,000
20,000
8,000
20,900
13,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
CO
00
00
00
00
00
00
1 8 8 5 .]
P U B L IC
D O C U M E N T — N o. 8
P u b l ic F u n d s
— Concluded.
Par Value.
Town of Spencer 4s,
of Westborough 5s,
of Beverly 4s,
of Pawtucket, Pt. L, 5s, .
«
393
$30,000
21 000
87,000
3,000
Estimated
Market Value.
$30,900
24,000
89,610
3,330
00
00
00
00
Amount Invested.
$30,000
21,000
87,000
3,000
00
00
00
00
$2,354,300 $2,636,963 00 $2,354,300 00
B a n k St o c k .
Atlantic Nat’l Bank, Boston, .
Atlas 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,
Globe Nat’l Bank, Boston,
Hamilton Nat’l Bank, Boston,.
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston,
Massachusetts Nat’l Bank, Boston, .
Merchants’ Nat’l Bank, Boston,
Nat’ l Bank of Commerce, Boston, .
Nat’l B’k of North America, Boston,
Nat'l Bank of Redemption, Boston,
Nat’l Bank of the Republic, Boston,
City Nat’l Bank, Boston, .
Eagle Nat'l Bank, Boston,
Nat’l Exchange Bank, Boston,
Nat’l Hide and Leather B’k, Boston,
Nat’l Revere Bank, Boston,
Nat’l Union Bank, Boston,
Webster Nat’l Bank, Boston, .
New England 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 Bank, Boston,
State Nat’l Bank, Boston,
Suffolk Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Washington Nat’ l Bank, Boston,
Blackstone Nat’l Bank, Uxbridge, .
Fitchburg Nat’l Bank, Fitchburg, .
Grafton Nat’l Bank, Grafton, .
Lancaster Nat’l Bank, Clinton,
Leicester Nat’l Bank, Leicester,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,400
37,500
13,800
1,40)
5,400
12,000
9,000
2,000
25,000
17,200
3.100
18,000
15/100
7,400
11,00)
12,500
21,700
7.800
9,300
21,000
20,800
11,000
4,900
30,800
37,500
7,100
30,' 00
19,900
4,700
4,200
35,200
17,300
13,400
11,300
3,40 )
15.600
19,0'<0
1,00)
5,100
4,600
2,300
5,500
$.8,100
43,875
14,214
16,100
6,696
12,360
10 980
2,600
49,875
18,060
3,069
21,600
17,025
6,808
11,770
16,500
24,087
7,956
10,230
26,880
22,880
11,632
5,786
35,728
44,250
9,762
30,300
5,640
26,467
5,040
52,448
19,722
12,730
13,221
3,825
16,146
24,700
1 250
7,650
4,950
2,760
6,380
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0)
00
00
00
$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
37,500
7,100
30,000
19,900
4,70)
4.200
35,200
17,30o
13,400
11,3u0
3,400
15,600
19,000
1,00)
5,100
4,500
2,300
5,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0)
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
394
BANK
C O M M IS S IO N E R S ’ R E PO R T,
[Jan
B a n k Stock — Concluded.
Par Value.
Millbury Nat’l Bank, Millbury,
Oxford Nat’l Bank, Oxford,
Southbridge Nat’l B’k, Southbridge,
Third Nat’l Bank, 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, .
$10,800
4,800
3,000
20,000
800
28,100
24,800
29,500
13,300
20,600
80,000
Estimated
Market Value.
$14,040
5,760
3,810
36.000
1,000
39,340
31.000
35,400
16,492
22,248
104,000
00
00
00
00
00
00
00
00
00
00
00
$795,700 $1,001,142 00
Amount Invested.
$10,800
4,800
3,000
20,000
800
28,100
24,800
29,500
13,300
20,600
80,000
00
00
00
00
00
00
00
00
00
00
00
$795,700 00
R a ilr o a d B onds .
Boston & Albanv Railroad 7s,
Boston & Albany Railroad 6s,
Boston & Lowell Railroad 5s,
Boston & Lowell Railroad 6s,
Boston & Lowell Railroad 7s,
Boston & Lowell Railroad 4Js,
Boston & Maine Railroad 7s, .
Fitchburg Railroad 5s,
Fitchburg Railroad 6s, .
Fitchburg Railroad 7s, .
Old Colony Railroad 7s, .
Old Colony Railroad 6s, .
Providence & Worcester It. R. 6s, .
Worcester & Nashua Railroad 5s, ,
Vermont & Massachusetts R. R. 5s,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$57,000
203,000
24,000
6,000
5,000
2,000
43,000
62,000
18,000
30,000
158,000
12,000
64,000
260,000
100,000
$68,400
239,540
29,200
6,990
6,000
2,120
52,890
68,200
21,600
36,600
195,920
14,300
76,800
311,850
111,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$57,000
203,000
24,000
6,000
5,000
2,000
43,000
62,000
18,000
30,000
158,000
12,000
64,000
260,000
100,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$1,044,000 $1,241,410 00 $1,044,000 00
1 88 5.]
395
P U B L IC D O C U M E N T — N o. 8
WORCESTER FIVE CENTS SAVINGS B A N K — W ORCESTER.
Incorporated April 1, 1854.
Number of corporators, 293.
J. S t e w a r t B r o w n , Treasurer..
E l i j a h B . S t o d d a r d , President.
Statem ent.
L
ia b il it ie s
Deposits, .
Earnings undivided, .
Guaranty fund, .
.
A
$2,675,120 36
27,507 09
45,000 00
s s e t s
.
Public funds, .
.
.
.
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Premium,
.
.
.
.
Cash on hand, .
.
.
.
$2,747,627 45
$311,500 00
2 ,0 0 0 0 0
00
262,600
9,825
39,000
3,854
1,785,525
13,900
00
00
59,000
240,852
2,235
15,000
2,334
00
55
59
00
65
00
00
66
$2,747,627 45
Loans on Public Funds, amount on each: —
On $1,000 United States 4 s , ............................................................................... $1,000 00
On $1,000 City of Norwich, Conn , b o n d s , .....................................................
1,000 00
Loans on Bank Stock, amount on each : —
On 8 shares Central National Bank, Worcester.................................................
On 5 shares Worcester National Bank, W o r c e s t e r ,....................................
On 5 shares Shawmut National Bank, Boston.....................................................
On 5 shares Quinsigamond National Bank, Worcester,
.
.
.
.C
On 10 shares Millbury National Bank, Millbury,
.
.
.
.
.)
On 42 shares City National Bank, W o r c e s t e r ,............................................
On 6 shares Mechanics’ National Bank, W o r c e s t e r ,....................................
On 15 shares Grafton National Bank, G r a f t o n ,............................................
On 20 shares Shelburne Falls National Bank, Shelburne Falls, .
.
.
$600 00
400 00
1,500 00
4,200 00
600 00
1,225 00
1,300 00
Amount of real estate held by foreclosure,............................................................. $3,854 6 6
Assessed value of the s a m e ,...............................................................................
2,500 00
Amount of income received from the s a m e ,.....................................................
221 00
Amount of municipal tax on real e s t a t e , ....................................................
41 50
Cash on Deposit in Banks, amount in each: —
City National Bank, W o r c e s t e r ,...................................................................... $78,343 65
Mechanics’ National Bank, Worcester,..............................................................
81,865 84
Quinsigamond National Bank, W o r c e s t e r ,.....................................................
80,643 06
Whole amount of interest or profits received or earned,
.
.
.
.
$136,352 58
Rate and amount of each semi-annual dividend for previous > 2 per cent, 4 49,410 56
y e a r ,........................................................................................ i 2 per cent., ( 50,292 82
Times for the dividends fixed by the by-laws: January 1 and July I.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
396
BANK
C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
Average annual per cent, of dividends for the term ending at time of, and
including, last extra dividend : 5L
The total amount of loans, with each specified rate of interest: $5,100,
4 per cent.; $1,300, 4£ per cent.; $30,000, 4T70 per cent.; $1,601,200, 5
per cent.; $5,000,
per cent.; $232,400, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each........................................................................................................677
Aggregate amount of the s a m e , ...................................................................... $861,450 00
Number of open a c c o u n t s , ..................................................................... 11,030
Number and amount of deposits (including dividends), received for pre
vious y e a r , ........................................................................................
8,041
503,09925
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,................................................................................ 326
196,657 21
Number and amount of withdrawals.................................................
5,293
397,709 17
Number of accounts opened the previous year, .
.
.
.
1,414
Number of accounts closed the previous year,
.
.
.
.
1,126
Amount of expenses of the corporation during previous year,
.
.
.
5,637 93
Amount of treasurer’s b o n d ,................................................................................
25,000 00
Date of examination by commissioner : August 16.
P ublic F unds .
Par Value.
United States 4s,
United States 4^s,
.
.
.
.
.
.
$39,000
65,000
City and town bonds : —
City of Lowell 4s, . . . .
of Lowell 6s, . . . .
of New London, Conn., 7s,
of Newton 6s, . . . .
of Springfield 7s,
of Worcester os,
of Worcester 6s,
of Cleveland, Ohio, 7s,
Town of Brookline 7s,
' 70,000
27,000
11,000
25,000
■ 12,000
9,500
25,000
20,U00
5,000
.
Estimated
Market Value.
$46,800 00
.72,960 00
71,750
30,240
18,480
31,250
16,200
9,750
28,250
24,000
6,500
00
00
00
00
00
00
00
00
00
$311,500 $356,180 00
Amount Invested.
$39,000 00
65,000 00
70,000
27,000
14,000
25,000
12,000
9,500
25,000
20,000
5,000
00
00
00
00
00
00
00
00
00
$311,500 00
B a n k St o c k .
Atlas Nat’l Bank, Boston,
Blackstone Nal’l Bank, Boston,
City Nat’l Bank, Boston, .
Nat’l Bank of Commerce, Boston, .
Nat’l B’k of Commonwealth, Boston,
Eagle Nat’l Bank, Boston,
Eliot Nat’l Bank, Boston,
First Nat’ l Bank, Boston,
Fourth Nat’l Bank, Boston,
Globe Nat’l Bank, Boston,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000
8,800
2,500
4,100
8,000
10,000
12,200
6,700
4,100
10,000
$5,850
9,064
2,750
4,884
9,200
10,600
12,932
13,400
4,469
10,000
00
00
00
00
00
00
00
00
00
00
$5,000
8,800
2,500
4,400
8,000
10,000
12,200
6,700
4,100
10,000
00
00
00
00
00
00
00
00
00
00
1885.]
397
P U B L IC D O C U M E N T — N o . 8
B a n k Stock — Concluded.
Par Value.
Hamilton Nat’l Bank, Boston,
Hide and Leather Nat’l B’k, Boston,
Howard Nat’l Bank, Boston, .
Market Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
North Nat’l Bank. Boston,
Nat’l Bank of No. America, Boston,
Shawmut Nat’l Bank, Boston, .
Shoe and Leather Nat’l B’k, Boston,
State Nat’l Bank, Boston,
Third Nat’l Bank, Boston,
Traders’ Nat’l Bank, Boston, .
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 Nat’l Bk, Worcester,
Worcester Nat’l Bank, Worcester, .
Leominster Nat’l Bank, Leominster,
First Nat’l Bank, Leominster, .
Grafton Nat’ l Bank, Grafton, .
Leicester Nat’l Bank, Leicester,
Millbury Nat’l Bank, Millbury,
Northboro’ Nat’l Bank, Northboro’,
Spencer Nat’l Bank, Spencer, .
Waclmsett Nat’l Bank, Fitchburg, .
Westminster N’l B’k, Westminster,
$5,000
16,400
10,000
1,200
5,000
800
18,500
5,000
6,300
5,000
1,600
13,100
11,000
7,000
700
26,800
6,400
13,900
2,000
2,500
2,500
5,000
3,000
10,700
3,000
5,000
2,500
1,000
Estimated
Market Value.
$6,000
19,188
11,400
1,128
6,650
1,000
19,055
5,750
5,985
5,850
1,536
12,183
11,000
9,100
805
30.820
7,360
15,290
2,400
2,500
2,500
6,000
3,600
13,375
3,600
5,500
4,750
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$262,600 $298,474 00
Amount Invested.
$5,000
16,400
10,000
1,200
5,000
800
18,500
5,000
6,300
5,000
1,600
13,100
11,000
7,000
700
26,800
6,400
13,900
2,000
2,500
2,500
5,000
3,000
10,700
3,000
5,000
2,500
1,000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$262,600 00
R ailr o ad B onds .
Worcester & Nashua Railroad,
Nashua & Rochester Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$29,000
10,000
$30,450 00
10,200 00
$29,000 00
$10,000 00
$39,000
$40,650 00
$39,000 00
338
B A N K C O M M IS S IO N E R S ’ R E P O R T ,
[Jan.
WORCESTER MECHANICS’ SAYINGS BANK — WORCESTER.
Incorporated May 15, 1851.
Number of corporators, 140.
F . H . D e w e y , President.
I I en ry W
oodw ard,
Treasurer.
S tatem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
$3,544,065 80
58,239 07
62,901 13
A
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on reai estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,....................................
Deposit in banks, on interest, .
Expense account,
Coupons for collection,
Premium account,
Cash on hand, .
.
.
.
$3,665,206 00
$609,000
322,100
6,775
71,500
16,204
1,195,457
1,125,240
00
00
00
00
97
84
50
5,000
247,458
3,136
125
54,749
8,458
00
60
39
00
33
37
$3,665,206 00
Loans on Bank Stock, amount on each : —
On
On
On
On
On
10 shares City National Bank, Worcester,
50 shares First National Bank, Worcester,
4 shares Leicester Nat’l Bank, Leicester,
13 shares Mechanics’ Nat’l Bank, Worcester, .
10 shares Worcester Nat’l Bank, Worcester, .
Amount of real estate held by foreclosure, .
Assessed value of the s a m e , ....................................
Amount of municipal tax on real estate,
$475 00
5.000 00
300 00
1.000 00
.
$16,204 97
6,300 00
96 75
.
$242,458 60
5,000 00
Cash on Deposit in Banks, amount in each: —
Mechanics’ National Bank, Worcester, .
Westminster Nat’l Bank, Westminster,
Whole amount of interest or profits received or earned....................................$183,124 62
Rate and amount of each semi-annual dividend for previous 1 2 per cent., 4
year> *
.......................................................................J 2 per cent., J
Times for the dividends fixed by the by-laws : January and July.
The total amount of loans, with each specified rate of interest: $75,000, 4^
per cent.; $479,000, 4^ per cent.; $325,000, 4 | per cent.; $1,220,424.65,
5 per cent.; $15,000, 5^ per cent.; $218,048.69, 6 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 e a ch ,................................................................................................. .....
Aggregate amount of the s a m e , ................................... ........
Amount of investments from which no income is received,
.
.
.
Number of open a c c o u n t s ,.............................................................. .......... 973
Number and amount of deposits (including dividends) received for pre
vious year..............................................................................................
3 )6 9 4
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
67,069 30
68,061 38
598 70
16,204 97
553
563,139 07
1885.]
399
P U B L IC D O C U M E N T — N o. 8
Number and amount of deposits of and exceeding $300 at any one time for
the previous y e a r , ............................................................................. 421
Number and amount of withdrawals, .
.
.
.
•
• 4,208
Number of accounts opened the previous year......................................... 869
Number of accounts closed the previous y e a r , ................................. 750
Amount of expenses of the corporation during previous year, .
.
.
Amount of treasurer’s bond....................................................................................
Date of examination by commissioner : September 19.
$249,218 39
466,322 05
8,495 90
20,000 00
P u b lic F u n d s .
Tar Value.
United States 4|s,
United States 4s,
.
.
.
.
.
.
.
City and town bonds: —
City of Worcester 5s,
of Providence, R. I., 4|-s, .
of Springfield 7s,
of Cambridge 6s,
of New London, Conn., 7s,
of Fitchburg 6s,
of Augusta, Me , 6s,
Town of Brookline 7s,
Cit}Tof Portsmouth, N. H., os, .
of Norwich, Conn., 5s,
Estimated
Market Value.
$155,000 $176,312 50
188,000 229,125 00
100,000
59,000
34,000
15,000
20,000
10,000
11,000
7,000
5,000
5,000
101,875
61,880
35,426
17,850
30,000
11,500
11,518
9,100
5,350
5,775
00
00
50
00
00
00
00
00
00
00
$609,000 $695,712 00
Amount Invested.
$155,000 00
188,000 00
100,000
59,000
34,000
15,000
20,000
10,000
11,000
7,000
5,000
5,000
00
00
00
00
00
00
00
00
00
00
$609,000 00
B a n k St o c k .
Boylston Nat’l Bank, Boston, .
Boston Nat’ l Bank, Boston,
Eliot Nat’l Bank, Boston,
Faneuil Hall National Bank, Boston,
Globe Nat’l Bank, Boston,
Market Nat’l Bank, Boston,
Massachusetts Nat’l Bank, Boston,
Merchants’ Nat’l Bank, Boston,
Nat’l Bank of Commerce, Boston, .
Nat’ l Bank of Redemption, Boston,
Nat’l Bank of the Republic, Boston,
Nat’l City Bank, Boston, .
Nat’l Hide and Leather B’k, Boston,
Nat’l Revere Bank. Boston,
New England 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,
Traders’ Nat’l Bank, Boston, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$4,000
11,900
14,400
1,100
900
10,000
4,250
9,400
19,900
9,800
8,400
10,000
17,800
20,000
6,200
17,400
1,150
6.200
1,000
18,400
4,500
$1,600 00
13,417 25
17,676 00
1,432 75
888 75
9,350 00
4,558 12
11,938 00
22,089 00
10,804 50
10,752 00
11,000 00
20,708 50
23,75i » 00
8,246 Ó0
20,880 00
1,380 00
7,114 50
1,172 50
20,746 00
4,185 00
$1,000
11,900
14,400
1,100
900
10,000
4,250
9,400
19,900
9,800
8,400
10,000
17,800
20,000
6,200
17,400
1,150
6,200
1,000
18,400
4,500
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
400
B A N K C O M M IS S IO N E R S ’ R E P O R T .
B a n k St o c k —
Concluded.
I’ar Value.
Washington Nat’l Bank, Boston, .
Central Nat’l Bank, Worcester,
City Nat’l Bank, Worcester, .
Citizens’ Nat’l Bank, Worcester,
First Nat’l Bank, Worcester, .
Mechanics’ Nat’l Bank, Worcester, .
Quinsigamond Nat’l B’k, Worcester,
Worcester Nat’l Bank, Worcester, .
First Nat’l Bank, Clinton,
Grafton Nat’l Bank, Grafton, .
Franklin Nat’l Bank, Franklin,
First Nat’l Bank, Leominster, .
Millbury Nat’l Bank, Millbury,
Southbridge Nat’l B’k, Southbridge,
Westminster Nat’l B’k, Westminster,
[Jan.
$3,200
8,400
18,000
11,500
1,200
38,300
3.000
9.500
1.000
11,400
5,100
5.000
4,300
3.500
2.000
Estimated
Market Value.
$1,160 00
11,760 00
21,600 00
14.375 00
1,980 00
47,292 00
3.250 00
12,350 0 )
1.250 00
14,592 00
5,610 00
5.000 00
5,590 00
4.375 00
2.000 00
$322,100 $381,872 87
Amount Invested.
$3,200
8,400
18,000
11,500
1,200
38,300
8,000
9.500
1,000
11,400
5.000
5.000
4,300
3.500
2.000
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
$322,100 00
R a il r o a d B o n d s .
Boston & Albany Railroad 7s,
Worcester & Nashua Railroad 5s, .
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$20,000
51,500
$24,000 00
53,045 00
$20,000 00
51,500 00
$71,500
$77,015 00
$71,500 00
1885.]
401
P U B L IC D O C U M E N T — N o. 8
W ORCESTER NORTH SAYINGS INSTITUTION — FITCHBURG.
Incorporated May 26, 1868.
Number of corporators, 112.
L o w e l l M. M i l e s , President.
H e n r y A. W
il l is ,
Treasurer.
Statem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
$2,160,361 51
44,673 64
42,165 62
A
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Loans on bank stock,
Railroad bonds,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
t o w n s ,...................................
Deposit in banks, on interest, .
Expense account,
Cash on hand, .
.
.
.
$271,127
102,283
17,650
75,322
12,354
1,019,089
534,175
00
37
00
01
37
00
42
161.593 75
49,729 05
1,870 86
2,008 91
$2,247,203 77
$2,247,203 77
Loans on Bank Stock, amount on each : —
On 13 shares Rollstone National Bank, Fitchburg,
On 140 shares Wachusett National Bank, Fitchburg,
On 10 shares Safety Fund National Bank, Fitchburg,
On 7 shares First National Bank, Clinton, .
On 50 shares Broadway National Bank, Boston, .
On 8 shares Agricultural National Bank, Pittsfield,
On 11 shares Pittsfield National Bank, rittsfield, .
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,
$1,300 00
9,700 00
100 00
650 00
4,000 00
j
.
1,900 00
$12,354
13,924
1,510
233
37
50
83
94
Cash on Deposit in Banks, amount in each : —
Rollstone National Bank, F itc h b u r g ,..............................................................$39,000 00
Safety Fund National Bank, F i t c h b u r g ,.....................................................
10,000 00
Commonwealth National Bank, B o s t o n , .....................................................
729 05
Whole amount of interest or profits received or earned,
.
.
.
.
$108,459
Rate and amount of each semi-annual dividend for previous ) 2 per cent., f 39,825
y e a r , ............................................................................... J 2 per cent., 1 41,266 30
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: $97,000, 4
per cent.; $10,000, 4 4 per cent.; $200,000, \\ per cent.; $52,000, 4| per
cent.; $469,748,5 per cent.; $30,000,5^ per cent.; $669,591, 5£ per cent.;
$168,594.17, 6 per cent.; $5,200, 6 ^ per cent.; $375, 7 per cent.
Number of outstanding loans which are of an amount not exceeding
$3,000 each.....................................................................................................391
Aggregate amount of the s a m e , .......................................................................
423,150
Amount of investments from which no income is received,
.
.
.
425
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
03
74
00
49
402
[Jan.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Number of open a c c o u n t s ,....................................................................... 5,438
Number and amount of deposits (including dividends), received for pre
vious y e a r , ................................................................................................. 4,169
Number and amount of deposits of and exceeding $300 at any one time,
for the previous y e a r ,...................................................................................343
Number and amount of w ith d raw als,......................................................3,206
Number of accounts opened the previous year, .
.
.
.
1,051
Number of accounts closed the previous y e a r , ....................................... 779
Amount of expenses of the corporation during previous year,
Amount of treasurer’s b o n d ,................................................................................
Date of examination by commissioner: October 21.
$524,730 46
192,649 86
427,492 37
6,233 13
20,000 00
P u b l ic F u n d s .
Far Value.
City and town bonds : —
City of Boston,
. . . .
of Springfield, . . . .
of New Bedford,
of Norwich, Conn., .
of Providence, R. I.,
of Fall River, . . . .
of Cleveland, Ohio, .
of Portland, Me.,
of L y n n ,................................
of Lewiston, Me.,
Town of Montpelier, Vt.,
of Danvers, . . . .
of Way land, . . . .
$30,000
20,000
20,000
20,000
20,000
20,000
20,000
15,000
10,000
10,000
50,000
10.000
10,000
Estimated
Market Value.
$32,600
22,730
24,500
27,000
20,000
22,100
23,600
17,625
11,300
11,000
51,515
11,200
11,000
00
00
00
00
00
00
00
00
00
00
00
00
00
$255,000 $286,170 00
Amount Invested.
$31,400
22,600
21,300
22,400
20,262
20,650
24,850
15,593
10,300
10,000
51,515
10,107
10,150
00
00
00
00
00
00
00
00
00
00
00
00
00
$271,127 00
B a n k St o c k .
Rollstone Nat’l Bank, Fitchburg, .
Boston Nat’l Bank, Boston,
City Nat’ l Bank, Boston, .
Atlas Nat’l Bank, Boston,
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,
Continental Nat’l Bank, Boston,
Tremont Nat’l Bank, Boston, .
Faneuil Hall Nat’l Bank, Boston, .
Fitchburg Nat’l Bank, Fitchburg, .
Leominster Nat'l Bank, Leominster,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$12,400
10,000
10,000
10,000
10,000
5,000
5,000
5,000
5,000
5,000
5,000
1,500
2,500
3,300
$19,220
11,275
11,000
11,725
11,100
5,050
6,650
5,287
5,150
5,187
5,200
1,953
8,750
2,640
00
00
00
00
00
00
00
50
00
50
00
75
00
00
$89,700 $105,188 75
$18,439
9,000
10,689
10,962
10,487
5,000
6,390
5.200
5,406
5,687
6,100
1,871
3,950
3,100
00
00
00
62
50
00
25
00
25
50
00
25
00
00
$102,283 37
1885.]
403
P U B L IC D O C U M E N T — No. 8.
R ailr o ad B onds .
Par Value.
Vermont & Massachusetts R. R.,
Boston & Providence Railroad,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Estimated
Market Value.
Amount Invested.
$52,000
20,000
$59,940 00
20,200 00
$55,322 04
20,000 00
$72,000
$80,140 00
$75,322 04
\
401
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan
WORONOCO SAYINGS BANK — W ESTFIELD.
Incorporated 1871.
Number of corporators, 28.
L. R. N o r t o n , President.
C h a r l e s L. W
eller,
Treasurer.
S tatem ent.
L
ia b il it ie s
Deposits,
Earnings undivided, .
Guaranty fund, .
.
A
s s e t s
.
Public funds, .
.
.
.
Loan on public funds,
Bank stock...................................
Loan on bank stock,
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Loans to counties, cities or
towns, .
.• .
Loan on bank book,
Deposit in banks, on interest, .
Deposit in banks, not on inter
est,
...................................
Expense account,
Cash on hand, .
.
.
.
$675,312 90
7,723 56
12,491 53
$186,441
1,000
6,595
2,190
2,100
337,658
69,501
57
00
00
00
00
00
46
74.000 00
130 00
5,000 00
7,500 00
300 39
3,111 57
$695,527 99
$695,527 99
Loan on Public Funds : —
On $1,000 United States 4 s , ............................................
$ 1,000 00
Loan on Bank Stock : —
On 44 shares Hampden National Bank, Westfield,
52,190 00
Amount of real estate held by foreclosure,
Assessed value of the s a m e , ............................................
Amount of municipal tax on real estate,
¡>2,100
00
1,800 00
25 94
Cash on Deposit in Banks, amount in each : —
Holyoke National Bank, Holyoke,
Hampden National Bank, Westfield,
.
.
.
.
.
.
.
.
Whole amount of interest or profits received or earned,
Rate and amount of each semi-annual dividend for previous 1 2 per cent.
y e a r , ........................................................................................ / 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: $50,000, 4
per cent.; $434,479.46, 5 per cent.
Number of outstanding loans which are of an amount not exceeding $3,000
. 167
each,
........................................................................................
Aggregate amount of the s a m e , ............................................
Amount of investments from which no income is received, .
1,671
Number of open a c c o u n t s ,.....................................................
Number and amount of deposits (including dividends), received forr prepre
1,226
vious year...................................................................
time,
Number and amount of deposits of and exceedin
. 116
for the previous y e a r ,............................................
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
$5,000 00
7,500 00
¡¡>31,379 18
12,746 90
12,874 59
212,061 12
2,100 00
160,613 00
67,370 99
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
\
406
B A N K C O M M IS S IO N E R S ’ R E P O R T .
L
ia b il it ie s
Deposits, .
Surplus,
Guaranty fund, .
Sundries, .
.
A
$262,720,146
5,247,371
5,692,504
256,896
97
09
20
57
s s e t s
[Jan.
.
Public Funds: —
United States bonds, .
State, county, city and town b’ds,
$14,553,600 85
25,956,713 15
696,240
25.874,035
1,384,100
13,808,172
4,184,236
2,37«,237
98,979,283
62,793,300
10,079,112
8,857,779
3,159,313
+1,212,792
Loans on public funds,
Bank stock,
.
.
.
.
Loans on bank stock,.
Railroad bonds, .
.
.
.
Real estate by foreclosure,
Real estate for banking purposes,
Loans on mortgage of real estate,
Loans on personal security,
Loans to counties, cities or towns,
Deposit in banks, on interest, .
Sundries,* .
.
.
Cash on hand, .
.
.
.
$273,916,918 83
$273,916,918 83
Whole amount of interest or profits received or earned, .
Percentage of earnings to total assets,
.
.
.
.
Rate of Ordinal^ Dividends paid by 167 Banks: —
2 at 3
3 at
117 at 4
per cent.
per cent.
per cent.
00
35
66
82
58
03
35
56
93
76
16
63
2 at 4j per cent.
19 at 4| per cent.
4 at 4| per cent.
.
$13,575,047 63
20 at 5 per cent.
1 bank paid no dividend.^
Amount of Loans, with specified rates of interest: —
$1,989,589
50.000
161,750
555.000
555.000
15,694,478
46, 3
00, 3|
00, 3^
00, 3|
00, 3J
64, 4
per cent.
$50,000 00, 4 ^ per cent.
per cent. 27,170,647 91, 4£ per cent.
per cent.
280,000 00,
4|
per cent.
30.000 00, 4Ag per cent.
per cent. 7,054,703 62, 4^ per cent.
per cent.
75.000 00, 4J per cent.
275.000 00, 4jL per cent. 57,921,252 43, 5 per cent.
146.000 00, 4J
per cent.
1,109,757 39, 5 £
5,279,125 00, 4| per cent.
32.000 00, 5f
50.000 00, 4t259^ per cent. 16,785,723 89, 5^
485.000 00, 4§ per cent.
174,118 00, 5|
percent.
per cent.
per cent.
per cent.
$25,000 00, 5J per cent.
44,160,384 24, 6 ' per cent.
per
700 cent.
00, 6| per cent.
20.000 00, 6yij5j per cent.
2,070,883 63, 6^ per cent.
225.000 00, 6 ^ per cent.
3,798,371 00, 7
221,389
159,699
155,793
3,200
49, 7T%
83, 7^
86, 8
00, 9
per cent.
per cent.
per cent.
per cent.
per cent.
* This item includes loans on railroad bonds, railroad notes, accrued interest, premium and
expense accounts, etc.
t O f this amount $631,214.13 is deposited in banks, not on interest,
t This^ank was temporarily enjoined, and is now being wound up by its officers.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 88 5.]
P U B L IC D O C U M E N T — N o. 8.
Aggregate amount of ordinary dividends for tlie previous year, .
Average rate of ordinary dividends for the previous year: 4.15 per ct.
Number of outstanding loans which are of an amount not ex37,706
cecding $3,000 e a c h , ..............................................................
Aggregate amount of the s a m e , ............................................
Number of open accounts,.............................................................. 826,008
Number and amount of deposits (including dividends), re
ceived for previous y e a r , ..................................................... 850,824
Number and amount of deposits of and exceeding $300 at any
38,852
one time, for the previous year....................................................
Number and amount of w i t h d r a w a ls ,.................................... 529,886
124,975
Number of accounts opened the previous year,
Number of accounts closed the previous year,
105,297
Amount of expenses of the corporations the previous year, .
•
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
407
1,877,713 44
40,365,675 72
59,613,618 38
22,000,758 03
49,066,544 53
658,690 60
408
COMPARATIVE AGGREGATES.
8.26,008
806,010
$252,607,593 02 $262,720,146 97
850,824*
948,091*
$58,543,882 41* $59,613,618 38*
38,852
38,027
$22,000,758 03
$21,484,966 21
529,886
480,225
$49,066,544 53
$47,156,917 04
124,975
122,814
105,297
95,608
$5,247,371 09
$5,240,959 26
5,692,504 20
4,800,295 73
40.510,314 00
36,463,987 22
696,240 00
744,459 62
25,874,035 35
25,653,762 74
1,384,100 66
1,313,910 75
8,857,779 76
11,682,959 46
13,808,172 82
11,575,639 55
2,378,237 03
2,309,565 78
4.184,236 58
5.733,649 77
98.979.283
35
92,360,016 83
10,079,112 93
9,895.044 24
62,793.300 56
61,677,364 35
1,212,792 63
1,243,918 89
4.15 per cent.
4.09 per cent.
$13,087,208 88 $13,575,047 63
9,877,713 44
9,535,391 36
37,706
35,662
$37,404,316 39 $40,365,675 72
658,690 60
650,247 92
* Including dividends.
19,998
10,112,553 95
97,267
¡51,069,735
825
$515,791
49,661
¡51,909,627
2.161
9,689
$6,411
892,208
4,046,326
97
82
49
83
47
78
$48,219 62
220,272 61
70,189 91
2,825,179 70
2,232,533 27
68,671 25
1,549,413 19
6,619,266 52
184,068 69
1,115,936 21
31,126 26
.06 per cent.
$487,838 75
342.322 08
2.044
$2,961,359 33
8,442 68
[J an .’85.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1884.
One hundred
and sixty-eight
Savings Banks.
B A N K C O M M IS S IO N E R S ’ R E P O R T .
Number of open accounts, .
.
.
.
Amount of d ep osits,....................................
Number of deposits during the year preceding,
Amount of the s a m e ,...................................
Number of deposits received during the year o and exceeding $300 at one t
Amount of the same,....................................
Number of withdrawals during the year,.
Amount of the sam e,....................................
Number of accounts opened during the year,
Number of accounts closed during the year,
Amount of surplus on hand,
Amount of guaranty fund,
Public f u n d s , .............................................
Loans on public funds,
.
.
.
.
Bank stock,.....................................................
Loans on bank stock, .
.
.
.
.
Deposits in banks bearing interest, .
Railroad bonds, .............................................
Invested in real estate...................................
Real estate by foreclosure.............................
Loans on mortgages of real estate, .
Loans to counties, cities or towns, .
Loans on personal security,
Cash on hand...................................................
Average rate of ordinary dividends for last yea r,
Aggregate amount of earnings, .
Aggregate amount of ordinary dividends,
,000
Number of outstanding loans not exceeding
Amount of s a m e , ....................................
Annual expenses of the institutions,
1883.
One hundred
and sixty-eight
Savings Banks.
ALPHABETICAL LIST OF THE SAVINGS BANKS, WITH STATEMENTS OF THEIR LIABILITIES AND ASSETS AT THE
NAMES OF BANKS.
Amount of Deposits. Amount of Surplus.
1
2
3
4
5
6
7
8
9
10
Abington Savings Bank,
Amherst Savings Bank, .
Andover Savings Bank, .
.
Arlington Five Cents Savings Bank,
Athol Savings Bank,
Attleboro’ Sav’gs B’k,N. Attleboro’ ,
Barre Savings Bank,
Bass River Sav’gs B’k, S. Yarmouth,
Benj Franklin Sav’gs B’k, Franklin,
Berkshire Co. Sav’gs B’k, Pittsfield,
$1,181,634
825,245
1,511,982
749,954
1,040,102
661,901
260,004
349,147
299,642
1,945,508
42
26
23
04
90
51
15
86
70
82
$21,456
29,370
40,029
18,153
26,388
8,723
16,669
4,108
5,162
20,341
44
24
19
92
60
09
14
49
05
13
$23,800
19,797
44,000
17,528
23,000
15,400
5,085
4,438
5,204
37,500
00
69
00
46
00
00
00
95
78
00
11
Beverly Savings Bank, .
Boston Five Cents Savings Bank, .
Boston Penny Savings Bank,.
Braintree Sav’gs B’k, So. Braintree,
Bridgewater Savings Bank, .
Brighton Five Cts. Sav. B’k, Boston,
Bristol Co. Savings Bank, Taunton,
Broadway Savings Bank, Lawrence,
Brockton Savings Bank, Brockton,
Brookfield Savings Bank,
744,495
11,742,372
854,582
123,397
259,423
173,966
2,942,553
649,298
371,923
42,344
76
42
94
71
85
41
30
71
47
59
3,547
322,775
19,228
2,912
5,242
9,550
21,806
16,369
1,040
1,077
99
39
10
40
48
90
87
64
25
76
14,000
220,737
18,141
1,725
6,510
4,500
78,000
15,500
3,040
738
00
33
61
78
00
90
00
00
00
23
23
24
25
26
27
28
29
30
Brookline Savings Bank,
Cambridgeport Savings Bank,
Cambridge Savings Bank,
Canton Institution for Savings,
Cape Ann Savings Bank,Gloucester,
Cape Cod Five Ct. Sav. B’ k, Harwich,
Central Savings Bank, Lowell,
Charlestown Five Cents Sav’gs B’k,
Chelsea Savings Bank, .
Chicopee Falls Savings Bank,
198,075
2,710,740
2.135.204
461,041
1,518,142
300,662
1.292.205
2,631,546
1,701,627
138,832
51
14
18
36
07
28
81
68
58
07
2,184
45.637
45,254
9,233
27,173
3,084
37,991
116,209
42,012
1,659
02
36
22
57
85
65
29
97
17
35
2,480
60,000
40,500
13,352
56,000
2,902
24,000
87,000
27,055
1,351
46
00
00
40
00
88
00
00
00
53
31
32
33
34
35
36
37
38
39
40
Chicopee Savings Bank,.
Citizens’ Savings Bank, Fall River,
City Five Cts. Sav’gs B’k, Haverhill,
City Institution for Savings, Lowell,
Clinton Savings Bank, .
Cohasset Savings Bank, .
Crocker Inst, for Sav., Turner’s F’ls,
Danvers Savings Bank, . ^ .
Dedham Institution for Savings, .
East Boston Savings Bank, .
573,796
2,454,596
604,875
3,909,833
994,599
356,858
436,259
980,172
1,647,239
1,260,753
12
86
90
73
04
50
63
09
18
27
9,127
86,087
53,508
200,601
5,361
6,377
5,295
27,998
82,920
100,478
86
97
33
80
32
36
71
03
61
22
9,450
57,403
12,600
110,000
17,000
8,700
4,900
26,750
52,586
23,751
00
58
00
00
00
00
00
00
35
60
12
13
14
15
16
17
18
19
20
21
22
6,194 74
18,527 87
767 46
Sundry
Liabilities.
Guaranty Fund.
—
*
—
_
_
—
■
-
_
—
m
—
$31 00
—
17 15
23,355 80
_
__ •
_
—
18,010 95
_
_
_
_
—
_
_
_
_
41
42
43
44
45
46
47
48
49
50
East Bridgewater Savings Bank, .
E. Cambridge Five Cts. Savings B’k,
Easthampton Savings Bank, .
East Weymouth Savings Bank,
Eliot Five Cents Sav’gs B’ k, Boston,
Emigrant Savings Bank,* Boston,.
Essex Savings Bank, Lawrence, .
Fairhaven Institution for Savings,.
Fall River Five Cents Savings Bank,
Fall River Savings Bank,
342,268
1,072,454
345,488
284,899
1,638,800
27,788
4,391,812
427,794
1,249,326
4,826,501
82
99
37
96
35
35
75
13
15
68
8,327
1,062
76,358
11,715
66,615
51,458
51
52
53
54
55
“•$6
57'
58
59
60
Farmers’ & Mech’s’ Sav.B’k,S.Fram.
Fitchburg Savings Bank,
Florence Savings Bank, .
Foxborough Savings Bank, .
Framingham Savings Bank, .
Franklin Savings Bank, Boston,
Franklin Savings Inst., Greenfield,
'Gardner Savings^ Bank, .
Georgetown Savings Bank, .
Grafton Savings Bank, .
54,918
2,122,696
175,749
100,099
1,483,522
3,827,105
2,910,282
795,734
263,665
202,951
84
26
49
57
78
91
50
36
46
89
34,629
1,132
6,125
68,434
136,048
37,964
11,214
1,239
11,756
18
96
37
09
52
84
76
55
14
55 -ftCfr-nA- H B i
_
3,513
2,600
27,800
70,669
57,900
19,867
5,900
3,400
78
00
00
90
00
00
00
00
—
—
_
-
61
62
63
64
65
66
67
271,266
1,094,159
48,477
1,753,273
679,646
3.834.772
216.030
1.777.772
405,779
1,595,189
88
81
66
56
20
83
15
87
93
66
12,055
1,823
381
24,365
8,837
32,975
10,079
19,303
9,604
44,360
84
82
69
19
73
63
66
44
61
49
5,011
18,825
1,400
34,600
11,225
90,000
4,198
34,400
7,600
30,000
58
00
00
00
00
00
75
00
00
00
s
69
70
Great Barrington Savings Bank, .
Greenfield Savings Bank,
Groveland Savings Bank, | .
Hampden Savings B’k, Springfield,
Hampshire Sav. B’ k, Northampton,
Haverhill Savings Bank,
Haydenville Savings Bank, ^.
Hingham Institution for Savings, .
Holliston Savings Bank,.
.
.
Holyoke Savings Bank, .
71
72
73
74
75
76
77
78
79
80
Home Savings Bank, Boston,.
Hoosac Savings Bank, No. Adams,
Hopkinton Savings Bank,
Hudson Savings Bank, .
.
. |
Hyde Park Savings Bank,
Institution for Savings in Roxbury,
Inst for Savings in Newburyport,.
Ipswich Savings Bank, .
Lawrence Savings Bank,
Lee Savings Bank,
1,884,720
189.945
277,271
355,696
142,248
3,311,823
4,625,533
248,006
415,721
568,791
22
09
66
47
97
56
92
86
20
14
43,210
976
4,697
3,053
5,972
46,261
54,775
3,981
18,827
12,931
98
82
07
21
67
13
02
47
63
09
75,000
2,415
7,419
5,005
2,387
91,000
134,000
3,500
7,582
16,300
00
76
65
79
67
00
00
00
43
00
81
82
83
84
85
86
87
88
89
90
Leicester Savings Bank,.
Leominster Savings Bank,
Lexington Savings Bank,
Lowell.F'ive Cents Savings Bank, .
Lowell Institution for Savings,
Lynn Five Cents Savings Bank, .
Lynn Institution for Savings,.
Malden Savings Bank, .
Marblehead Savings Bank, .
Marlborough Savings Bank, .
334,801
593,840
62,566
1,206,342
3,438,808
1,838,729
2,325,087
678,334
237,777
989,982
91
23
82
80
61
08
30
42
87
26
10,550
5,093
1,291
95,880
36,234
107,791
86,201
6,122
5,028
27,571
83
30
96
75
90
94
51
49
98
82
7,611
16,500
1,221
31,098
114,370
38,000
76,000
11,000
3,776
17,132
31
00
61
55
68
00
00
00
47
00
91
92
93
94
95
96
97
98
99
Mechanics’ Savings Bank, Holyoke,
Mechanics’ Savings Bank, Lowell,
Medford Savings Bank, .
Medway Savings Bank, .
Melrose Savings Bank, .
Merrimac Savings Bank, Merrimac,
Merrimac River Sav’gs B’k, Lowell,
Middleborough Savings Bank,
Middlesex Inst for Sav’gs, Concord,
Milford Savings Bank, .
618,825
1,500,955
483,701
183,345
177,252
314,969
459,597
487,014
1.032.055
955,672
34
41
79
18
89
47
91
17
60
08
4,442
53,970
17,187
2,108
4,584
700
18,559
14,373
38,968
12,129
03
41
29
98
71
17
89
44
21
63
8,142
38,000
8,400
6,733
1,881
7,511
3,853
7,032
15,000
15,523
00
00
00
69
16
97
01
00
00
94
Millbury Savings Bank,.
Miners’ Savings B’k, W. Stockbridge,
Monson Savings Bank, .
Nantucket Institution for Savings,.
Natick Five Cents Savings-Bank, .
New Bedford Five Cts. Savings B’k,
New Bedford Institution for Sav’gs,
Newburyport Five Cts. Savings B’k,
Newton Savings Bank, .
Northampton Institution for Sav’gs,
630,562
68,819
490,463
340,586
814,071
3,380,935
9,880,672
628,128
1,193,987
2,019,864
10
79
58
50
22
63
78
35
42
85
14,134
1,881
9,392
3,827
25,330
63,004
92,815
72,381
18,410
31,079
06
57
93
62
00
61
63
45
27
43
10,450
1,050
5,200
6,814
16,316
61,516
239,000
17,420
18,233
55,000
00
00
00
22
83
71
00
06
00
00
275 00
23 64
North Adams Savings Bank, ._
N. Avenue Savings B’k, Cambridge,
North Brookfield Savings Bank, .
North Easton Savings Bank, .
North End Savings Bank, Boston, .
Orange Savings Bank, .
Palmer Savings Bank, .
People’s Savings Bank, Worcester,
Plymouth Five Cents Savings Bank,
Plymouth Savings Bank,
.
.
1.192.056
114,145
417,003
390,574
432,675
391,807
700,274
4,033,367
632,420
2,147,981
35
36
75
59
29
35
61
19
86
34
13,000
1,935
4,416
639
11,757
4,490
5,387
45,342
12,557
57,015
00
35
45
64
25
39
15
89
88
52
20,000
1,690
12,390
8,700
9,550
5,800
11,000
82,477
10,970
80,000
00
98
84
00
00
00
00
14
56
00
2,217 39
123
124
125
126
127
128
129
130
Provident Inst, for Savings, Boston,
Prov. Inst. Sav., Salisb’y & Amesb’y,
Quincy Savings Bank, .
Randolph Savings Bank,
Rockland Savings Bank,
Salem Five Cents Savings Bank, .
Salem Savings Bank,
Seamen’s Sav’gs B’k, Provincetown,
Shelburne Falls Savings Bank,
South Adams Savings Bank, Adams,
25,432,730
1,453,382
1,108,832
793,793
423,461
2,591,162
6,535,389
347.031
860,816
604,308
43
02
90
88
81
87
99
15
48
55
406,258
59,562
7,125
3,811
4,570
74,589
23,124
11,745
832
2,694
53
64
85
22
18
28
79
74
19
33
410,000
52,481
26,500
29,473
8,500
80,000
186,000
8,451
20,900
15,800
00
61
00
50
00
00
00
64
00
00
131
132
133
134
135
136
137
138
139
140
Southbridge Savings Bank, .
South Boston Savings Bank, .
South Scituate Savings Bank,.
South Weymouth Savings Bank, .
Spencer Savings Bank, .
.
Springfield Five Cts. Savings Bank,
Springfield Institution for Savings,
Stockbridge Savings Bank, .
Stoneham Five Cents Savings Bank,
Suffolk Savings Bank, Boston,
1,154,384
1,341,569
452,465
405,591
372,354
1,839,774
8,241,276
186,026
426,476
17,874,993
77
15
32
06
87
76
90
29
84
10
20,631
7,696
4,015
8,862
10,148
6,672
63,996
2,470
11,577
91,941
57
46
87
09
58
19
86
78
16
89
20,600
39,000
9,480
8,000
5,475
29,000
151,000
1,763
8,746
282,293
00
00
00
00
00
00
00
13
92
76
141
142
143
144
145
146
147
148
149
150
Taunton Savings Bank, .
Templeton Savings Bank,
Union Inst, for Savings, Boston, .
Union Savings Bank, Fall River, .
Uxbridge Savings Bank,
Wakefield Savings Bank,
Wales Savings Bank,
Waltham Savings Bank,
Ware Savings Bank,
Wareham Savings Bank,
1,177,836
164,773
2,632,060
686,540
310,244
129,567
30,259
1,510,208
2,179,393
566,555
93
93
81
73
95
93
49
23
53
39
41,869
1,605
34,053
ll'931
7,020
1,024
795
33,072
36,448
14,305
08
62
35
51
56
21
27
57
31
06
25,704
2,804
64,360
13,600
6,567
1,787
448
46,800
29,641
9,800
40
19
00
00
00
70
00
00
58
00
151
152
153
154
155
156
157
158
159
160
Warren Five Cts. Sav. B’k, Peabody,
Warren Inst, for Savings, B oston,.
Warren Savings Bank, Warren, .
Watertown Savings Bank,
Webster Five Cents Savings Bank,
Wellfleet Savings Bank,.
Westborough Savings Bank, .
Westfield Savings Bank,
Weymouth Savings Bank,
Whitinsville Savings Bank, .
1,532,103
5,343,358
68,424
266,061
483,783
330,564
573,616
799,104
510,992
282,455
16
73
73
53
78
00
80
38
82
13
71,204
221,635
80
2,800
7'626
8,136
10,171
17J36
22'804
8,243
50,000 00
39
128,500 00
80
261 63
21
4,600 00
10
7,034 66
65
13,886 66
05
9,500 00
25
14,753 77
85
15,745 00
35 1
4,007 37
76
161
162
163
164
165
166
167
168
Winchendon Savings Bank, .
Winchester Savings Bank,
Woburn Five Cents Savings Bank,
Worcester County Inst, for Savings,
Worcester Five Cents Savings B’k,
Worcester Mechanics’ Sav’gs Bank,
Worcester No. Sav. Inst., Fitchb’g,
Woronoco Savings Bank, Westfield,
588,264
811,887
610,010
9,034,844
2,675,120
3,544,065
2,160,364
675,812
29
65
28
71
36
80
51
90
31,486
1,346
24,000
229,706
27,507
58,239
44,673
7,723
98
00
94
42
09
07
64
56
68
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
Total o f 168 Banks,.
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
—
70
39
81
25
46
90
_
5,335
35,150
11,000
6,846
28,865
9,019
82,000
11,227
21,845
103,000
94
68
00
50
40
67
00
96
95
00
3,634 84
_
-
2,748 78
469 86
_
932 53
_
-
120 00
18,430
4,470
6,542
215,000
45,000
62,901
42,165
12,491
—
_
_
_
88 72
-
7 50
—
_
E
%
_
_
•
_
_
—
—
—
—
—
_
—
—
—
—
H
_
-
mm
mm
mm
n
_
184 54
-
_
—
—
—
—
/
85,707 96
4,930 38
152 97
22,021 34
—
—
_
—
—
m
m
m
mm
—
-
20,399 65
—
—
—
—
—
87 13
_
13,763 22
4,851 97
—
1,363 51
_
1,842 33
_
—
35,402 75
—
—
_
1,709 05
177 20
10,034 41
-
-
27
14
82
00
00
13
62
53
$262,720,146 97 $5,247,371 09 $5,692,504 20
2,455 00
Total Amount of
Liabilities.
Loans on Public
Funds.
Public Funds.
$1,226,890
874,413
1,596,011
785,636
1,089,491
686,024
281,758
357,695
310,009
2,003,349
86
19
42
42
50
60
29
30
53
95
762,043
12,285,885
891,952
128,035
271,207
188,018
3,042,377
704,524
376,003
44,160
75
14
65
89
33
21
32
15
72
58
35,000 00
1,814,000 00
202,739
2,816,377
2,220,958
483,627
1,619,326
306,649
1,354,197
2,834,756
1,770,694
141,842
99
50
40
33
87
31
10
65
75
95
14,750 00
463,600 00
171,192 50
36,500 00
91,400 00
16,000 00
200,000 00
453,933 25
3,050 00
592,373
2,598,088
670,984
4,220,435
1,016,960
371,935
446,455
1,034,920
1,782,746
1,384,983
98
41
23
53
36
86
34
12
14
09
$89,012
78,150
384,100
40,792
54,000
50
00
00
75
00
-
59,792 85
18,127 50
699,500 00
-
13,000 00
13,000 00
336,000 00
150,000 00
9,985 00
-
$500 00
-
250 00
5,000 00
-
86,450 00
500 00
1,000 00
1,000 00
2,000 00
—
85,000 00
5,000 00
2,000 00
8,200 00
-
-
—
—
-
-
20,000 00
158,100 00
71,020 00
-
43,500 00
21,605 00
322,500 00
8,970 00
19,000 00
6,100 00
-
3,890 00
-
1,000 00
—
353,799
1,129,768
357,255
291,746
1,678,742
38,340
4,550,171
451,669
1,337,787
4,980,960
50
38
83
46
23
27
56
87
66
58
55,038
2,212,825
180,396
108,824
1,579,756
4,033,824
3,006,147
826,816
270,805
218,108
84
44
23
94
87
33
34
12
01
03
288,334
1,114,808
50,259
1,812,238
699,708
3,957,748
230,308
1,831,565
422,984
1,669,550
30
63
35
75
93
46
56
03
54
15
2,002,938
193,337
289,388
363,755
150,609
3,449,084
4,814,308
255,488
442,131
598,022
70
67
38
47
31
69
94
33
26
23
352,964
615,433
65,080
1,333,322
3,589,414
1,984,521
2,487,288
695,456
246,583
1,034,686
05
53
39
10
19
02
81
91
32
08
631,409
1,592,925
509,289
192,187
183,718
323,181
482,010
508,419
1,086,023
983,325
37
82
08
85
76
61
81
61
81
65
655,421
71,775
505,056
851,228
855,718
3,505,456
10,212,488
717,929
1,230,815
2,105,944
16
00
51
34
05
95
41
86
23
28
73,000
20,269
33,500
41,500
68,977
1,143,000
2,845,550
45,000
78,378
289,721
00
50
00
00
22
00
00
00
44
00
1,227,273
117,771
433,811
399,914
453,982
402,097
716,661
4,246,895
660,879
2,285,149
74
69
04
23
54
74
76
18
68
83
172,130
4,986
98,000
62,162
00
04
00
50
1,000 00
-
39,570
21,000
427,996
118,400
318,100
00
00
00
00
00
2,000 00
26,271,010
1,565,426
1,142,458
827,078
436,531
2,745,752
6,744,464
367,228
882,548
622,802
30
27
75
60
99
15
78
53
67
88
6,636,000
351,000
55,500
120,000
15,000
344,000
2,000,000
7,000
256,000
78,500
00
00
00
00
00
00
00
00
00
00
13,000 00
9,300 00
100 00
1,195,616
1,408,665
465,961
422,453
387,978
1,875,446
8,456,273
190,347
446,800
18,262,991
34
26
19
15
45
95
76
33
92
97
497,000 00
97,935 75
40,000 00
-
1,250,262
169,183
2,731,837
712,072
325,674
132,379
31,502
1,590,080
2,280,886
590,660
38
74
67
24
84
84
76
80
17
45
1,653,307
5,693,494
68,766
273,461
498,445
354,295
593,465
841,629
549,542
294,706
55
53
57
63
09
76
25
41
17
26
638,181
320,158
640,554
9,479,551
2,747,627
3,665,206
2,247,203
695,527
54
79
04
13
45
00
77
99
-
41,000 00
437,300 00
-
560,000
44,825
100,000
385,500
00
00
00
00
-
500 00
-
-
-
119,222 50
-
19,000
193,800
236,828
928,500
3,250
19,000
15,634
00
00
12
00
00
00
37
1,000 00
178,000 00
-
100,000 00
-
-
200 00
-
-
-
00
00
00
00
00
00
50
88,524 25
-
94,103 75
5,665 00
-
17,000 00
-
76,000 00
559,000 00
5,000 00
858,000 00
29,185 00
15,000 00
-
35,500
181,000
5,750
10,000
9,000
2,354,300
311,500
609,000
271,127
186,441
00
00
00
00
00
00
00
00
00
57
3,800 00
55,418 00
130,700 00
70,400 00
5,000 00
54,200 00
303,525 00
135,940 00
195,400 00
710,690 00
3,055 50
207,246 0A
12,450 00
170,600 00
80,953 23
65,900 00
105,300 00
15,300 00
37,474 99
00
50
00
00
00
27,000 00
11,225 00
11,500 00
32,600 00
12,700 00
-
5,900
6,650
300
700
00
00
00
00
-
2,200 00
1,400 00
-
3,400 00
73,000
288,500
33,900
22,000
32,000
30,000
354,700
00
00
00
00
00
00
00
28,000 00
19,000 00
27,000 00
113,500 00
—
19,300 00
2,150 00
49,539 63
9,800 00
—
232,500 00
24,000 00
9,500 00
150 00
—
600 00
—
—
—
2,625 00
n
-
-
50,000 00
-
-
-
21,000 00
16,500 00
-
—
-
3,150 00
-
-
-
—
_
9,000 00
—
-
6,000 00
- -
2,000 00
1,000 00
-
48,657
130,034
8.200
7,372
136,825
379,680
176,096
00
00
00
50
00
00
85
211,272 62
191,900 00
48,612 87
77,800 00
201,051 36
57,900 00
62,600 00
47,400 00
78,961 29
83,600
34,006
194,942
795,700
262,600
322,100
102,283
6,595
00
25
00
00
00
00
37
00
—
62,533
10,120
2,085
3,450
47,650
285,184
11,918
76
00
53
00
00
00
61
—
—
5,000 00
1,336 13
—
80,000 00
11,124 32
72,753 77
gS
5,500 00
71,000 00
12,500 00
9 5,654 20
_
31,835 00
1,035 21
897 70
—
31,000 00
_
E
19,939 64
45,200 00
86,511 04
—
—
700 00
1,550 00
1,000 00
790 00
m
2,500 00
22,378 70
-
12,600 00
—
—
14,900 00
y
—
3,575 00
96,000
5,737
45,000
8,700
8 5,000
00
50
00
00
00
20,000 00
7 2 ,90 4
27,000
19,000
57,321
100,000
50
00
00
73
00
25,000 00
_
49,000 00
9,825
6,775
17,650
2,190
00
00
00
00
_
30,000 00
7,155 00
10,400
11,000
6,280
142,000
11,440
00
00
00
00
00
30,000
4,430
4*144
5^000
38*513
176,000
7 0 0 jo0 0
5^000
37,742
3 6 1 Ì875
00
00
65
00
17
00
00
00
06
00
154,912 04
14,348 53
10,123 66
1,800 00
200 00
21,800 00
30,500 00
12^000 00
443,000 00
21,000 00
1,644,219 50
125,500 00
258^000 00
00
00
00
00
-
156,600
291,300
175,068
20,991
87,257
00
00
00
59
26
430,147
607,009
208,975
94,116
117,455
143,785
262,982
303,189
323,418
272,589
00
00
00
33
00
00
36
22
80
30
130,662
388,150
126,340
27,781
2,800
121,220
134,233
120,884
246,100
294,640
00
00
00
23
00
43
00
51
00
98
213,065
37,550
306,730
199,937
359,855
457,470
802,803
339,135
741,525
749,951
00
00
00
50
86
14
65
91
38
66
27,025
2,100
27,820
45,703
64,693
1,195,669
3,397,853
69,779
263,130
282,550
00
00
00
17
11
01
32
00
00
00
94,400 00
11,000 00
56,050 00
2,000 00
307,000 00
-
5 0 4,464
61,675
210,172
181,210
278,734
119,887
343,577
1,507,915
348,770
544,546
24
00
00
00
87
22
91
16
00
00
286,295
36,200
5,000
23,000
20,000
119,248
214,235
759,116
21,108
619,300
08
00
00
00
00
80
37
66
33
00
169,608 07
7,500 00
2,550 00
5 8,300 00
32,530 00
138,500 00
7,010,448
244,600
489,999
200,479
247,340
537,505
902,165
47,128
383,494
238,745
00
00
03
00
00
00
00
54
21
00
8,118,962
290,600
228,350
75,800
49,105
906,750
1,969,500
36,845
96,317
146,050
00
00
00
00
31
00
00
58
21
00
135,000
194,700
20,000
13,000
10,000
89,000
773,450
19,500
210,100
578,120
287,983
137,401
143,144
1,080,720
2,896,950
117,191
129,336
6,165,041
00
00
42
00
79
00
00
78
23
19
215,000
440,000
49,772
95,481
64,117
293,250
1,041,500
31,272
30,000
5,630,720
00
00
18
39
00
00
00
41
00
85
11,000 00
28,945 00
5,000 00
15,000 00
303,500 00
-
510,966
115,430
1,393,534
345,158
132,400
61,035
18,249
643,175
722,485
86,242
92
00
50
00
60
00
00
00
67
81
408,120
7,889
521,725
231,161
30,236
14,350
4,217
475,630
303,055
140,568
00
00
00
00
61
00
96
00
60
59
543,182
1,907,286
27,775
159,300
231,400
122,180
398,053
448,452
330,630
78,527
00
70
00
00
00
41
52
64
00
50
456,998 57
1,710,000 00
7,186 00
27,600
9,449
67,766
73,030
14,172
83,950
00
44
00
00
00
00
283,505
114,175
277,172
2,772,495
1,785,525
1,195,457
1,019,089
*337,658
52
00
00
00
00
84
00
00
226,142
55,975
79,505
1,226,075
13,900
1,125,240
534,175
69,501
14
00
00
00
00
50
42
46
00
06
00
00
92,175 06
§s
pi
_
f
f
i
B
30,000 00
44,795 95
27,582 40
jag
E
_
12
00
00
00
60,000 00
1,330 29
4,000 00
50,000 00
_
189,700 00
- 104,500 00
180,585 50
7,526 00
m
278,601 06
38,000 00
s
■§
_
6,400 00
186,996 21
139,750
200*000
12,064
29*731
72^000
lOjOOO
s jo o o
00
00
69
25
00
00
00
21,000
12Ì457
4^870
1,044^000
’ 39^000
71400
75j322
00
50
00
00
00
00
04
41,548 40
67,750 00
50,000 00
H
8,750 00
2,000 00
11,209 82
20,363 64
76,452 00
—
-
1,200 00
19,275
25,983
3,8 54
16*204
12^354
2^100
00
38
66
97
37
00
s
B
ip
-
3 $98,979,283 3 f
$256,896 57 $273,916,918 83 $40,510,314 00f $696,240 00 $25,874,035 35 $1,384,100 66 $13,808,172 8S $4,184,286 5 i $2,878,237 0
* Temporarily enjoined.
_
-
16,350
160,530
19,650
136,450
7,500 00
14,500 00
34,500 00
4,500 00
213,000 00
24,000 00
27,300 00
5,000 00
9,850 00
-
84
00
00
00
00
-
-
68
84
65
55
27,693 11
86,176 50
4,752 21
11,294
67,106
52,539
18,079
00
10
37
31
-
18,700
92,486
24,919
12,500
00
88
88
62
-
00
00
00
00
58
45
50
00
00
00
65,000
20,334
80,000
4 0,000
—
429,027
34,624
5,277
7,237
-
134,355
342,175
34,650
665,500
687,420
907,920
1,117,444
264,422
62,550
489,125
10,000 00
80,000 00
2,500 00
15,625 04
5*071 25
-
63,225 00
-
__
51
55
36
39
00
86
00
90
8,000 00
-
4,000 00
35,000 00
10,000 00
186,000 00
332,000 00
14,500 00
10,000 00
145,585
5,659
116,839
7,4 00
100
46,067
61,500
70,054
195,700 04
00
00
00
00
00
04
00
00
00
00
84
25
29
00
16,503
65,000
2,900
7,000
115,865 00
1,000 00
1 8 9 4 0 0 00
50,000
53,839
92,800
7,025
457,910
44,881
14,250
7,600
38,775
1,016,200
1,536,482
17,722
29,948
32,453
00
71
88
92
00
00
51
00
52
—
-
62
17
59
00
00
00
00
00
50
35
M
10,100
18,656
10,875
68,345
78,275
90,550
2,906
13,404
51,259
77,403
209,600
107,506
19,175
528,600
6,500 00
954,040
108,725
111,120
188,125
77,372
1,190,043
830,537
131,648
202,512
289,043
3,000 00
3,575 00
71,427 61
32,364 00
7,650 00
00
37
00
22
50
00
00
65
00
00
-
-
10,912 93
600 00
8,624 53
4 4 ,50 0 00
5,8 00 00
7 5,500 00
12,300 00
-
26,310 82
98,000 00
1*000 00
84,019
803,132
165,830
950,046
218,012
50,000
90,955
320,211
357,575
331,675
73
00
89
38
00
42
8,498 71
18,509 55
21,568 19
-
16
00
00
69
95
00
53
00
00
00
10,604 47
14,945 02
2,375 00
8,911 93
4,721 98
06
00
00
00
42
00
10
00
11
18
10,000 00
-
62,686
92,430
4,300
273,159
64,283
1,288,765
47,996
604,225
38,125
274,572
18,000 00
112,000 00
00
00
00
00
41
27
00
00
00
46
$41,168
45,000
8,761
20,771
117,000
19,667
-
11
11
00
00
34
00
62
13
00
00
4,899 77
3,049 80
16,000
842,000
721,800
70,795
459,562
95,749
245,814
433,560
283,350
16,526
Deposits in
Banks bearing
Interest.
-
114,006
562,488
28,200
877,285
305,573
993,700
108,577
819,096
255,978
902,595
13,000 00
26,000 00
62,420 93
48,153 82
7,496 75
50
56
85
00
49
48
00
00
07
50
-
7,500 00
3,400 00
a 41,000 00
—
181,975 00
121,088 00
110,193 50
7,000 00
68,580 00
s
l|e
13,195 00
30
00
03
00
00
00
28,000 00
499,000 00
50
85
84
00
08
85
50
21
00
18
32,691 94
21,810 00
40*000 00
1,700 00
25,292 36
31,790
5,000
902,166
83,110
94,090
5,850
00
00
00
00
00
00
00
12,369
699,383
49,248
2,975
106,336
703,092
733,335
151,432
32,364
43,772
10,411 46
76,983 65
28,700 00
356,772
1,463,746
246,905
1,699,490
550,621
188,075
204,415
399,969
609,384
666,662
-
-
66,200
62,980
180,000
1,500
6,000
8,000
55,000
00
00
00
00
57
00
18
39
92
00
13,000 00
157,600 00
120,337
1,119,971
663,778
214,086
700,286
77,958
724,688
1,092,200
791,956
103,699
217,910 00
3,314,505 00
95,000 00
$15,150 00
30,700 00
38,800
772,225
114,705
57,400
906,388
2,581,616
651,625
406,811
179,611
50,285
_
00
26
00
36
22
00
87
00
00
00
00
84
00
00
62
26
77
84
63
34
00
32
30
70
20
90,800 00
-
116,166
26,639
1,585
11,373
4,426
254,864
5,240,248
519,200
52,940
151,157
107,640
1,367,158
191,591
218,425
26,451
$77,945
58,647
191,876
40,613
339,363
125,321
89,982
103,071
3 7,694
191,214
00
10
00
22
1,100 00
153,353 98
4,600 00
117,042 35
6,155 12
2,580 33
72
77
40
11
88
00
67
50
50
00
1,085,815
64,272
237,900
1,556,337
881 63
5,900 00
4,000 00
37,336 45
14,275 00
$740,782
423,558
498,961
448,173
428,321
343,649
50,098
44,508
157,186
755,155
Loans on Personal Loans to Counties,
Cities, or Towns.
Security.
11
40
11
75
00
00
00
32
00
00
M
621 07
20,500 00
4 ,0 00 00
Loans on Mortgage
of Beal Estate.
160,870
666,566
172,463
189,536
488,750
6,105
2,171,972
90,260
652,211
1,668,698
2,740 69
3,245 41
-
79,208 12
4,700 00
900 00
-
-
-
500 00
-
-
—
5,325 00
2 6,450 00
158,000 12
100,000 00
00
00
00
00
00
mm
7,000 00
76,000 00
900 00
1,000 00
300 00
4,000 00
17,950 00
147,900 00
—
10,000 00
10,000 00
2,000
1,100
3,600
5,000
5,000
25,000 00
B
150,000 00
58,319 88
98,320 00
56,505 00
124,231 87
31,600 00
91,600 00
893,000 00
33,459 50
673,055 74
-
—
66,100 00
00
00
00
00
00
00
00
50
00
00
-
_
54,900 00
ii
2,003,000
* 51,500
75*000
127^000
28^000
146*775
112,000
56,022
60,000
22Ì000
450 00
3,500 00
34,353 68
-
WÈùOhXp
30,500 00
6,500 00
2,000 00
3,800 00
300 00
12,300 00
2,861 00
6,200 00
““
-
—
21,550 00
70,000 00
206,300 00
00
00
99
00
55
00
00
62
00
00
-
8,353 45
140,280 13
115,000 00
4,809 36
45,000 00
45,000 00
1,134,500
146,025
120,796
252,300
75,088
509,580
570,000
113,824
57,800
40,050
1,000 00
—
-
—
308,500 00
50
00
00
00
00
00
-
1,646 08
108,418 40
3,849 20
—
—
44,560 00
400 00
25,050 00
20,212
44,900
34*000
382,050
38,000
110,000
-
—
_
00
78
82
00
—
8,025 00
—
—
500 00
—
6,750 00
4,890 00
900 00
3,450 00
8,200 00
-
12,000
2,727
20,531
2,950
26,000 00
00
00
00
26
41
00
00
00
00
00
132,000 00
2,800 00
4,000 00
-
-
40,900
3,000
6,400
108,789
68,751
38,684
58,000
901,281
33,500
427,541
-
_
26,396 59
-
9,400 00
8,100 00
30,200 00
600 00
63,350 00
1,000 00
$60,218 05
1 5 ,0 0 0 :0 0
4,326 22
221,000
5,997
26,000
31,875
24,402
00
50
25
00
87
00
00
00
00
00
-
-
14,000
94,000
59,000
2,216,650
1,820
150,000
2,594,392
00
50
33
00
00
00
50
00
50
00
14,135 03
37,281 70
26,600 00
-
134,700
7,425
45,245
8,400
119,151
175,000
1,398,360
120,200
28,225
45,500
-
_
-
55,650
306,991
45,798
679,882
81,090
56,500
29,472
131,121
80,638
212,900
_
56,480 00
12,600 00
11,500 00
200 00
1,200 00
1,000 00
13,850 00
8,080 00
-
1,000 00
800 00
-
5,000 00
117,810 00
_
75,000 00
28,000 00
3,000 00
900 00
1,600 00
12,000 00
-
mm
50
00
00
75
00
00
75
00
00
99
-
133,806 25
-
63
00
85
00
00
38
37
00
42
00
00
00
00
00
41,078
172,950
25,710
34,113
7,767
6,000
37,757
13,140
280,800
173,878
-
-
4,000 00
34,834
98,100
279,718
49,170
201,500
58,823
222,101
679,200
105,933
18,051
mm
20,000
14,000
3,780
125,000
500 00
4,050 00
—
18,300 00
33,200 00
10,975 00
25,925 00
2,300 00
1,000 00
11,450 00
500 00
800 00
-
13,000 00
140,000 00
—
-
87
00
00
50
00
47
00
00
96
12
-
00
00
00
00
00
35,510 00
6,200 00
72,600 00
5,500 00
565 00
200 00
1,600 00
80 00
-
$5,000 00
Beal Estate
for Banking
Purposes.
_
48,345
82,250
2,254
150,571
187,600
330,489
206,455
67,450
55,818
138,759
2,700 00
-
165,670 00
420,700 00
103,690 50
27,118 24
38,361 99
35,413 13
243,100 00
127,900 00
10,901 75
-
1,302 30
Beal Estate by
Foreclosure.
—
6,060 00
26,075 00
12,000 00
450 00
2,340 00
00
00
50
00
87,000 00
45,480 50
80,500 00
-
08
00
00
00
00
00
00
74
00
00
09
00
00
00
00
52,500
7,805
25,802
47,820
00
00
00
00
00
34
00
7,800 00
-
$45,661
82,675
281,000
84,050
20,000
363,200
9,920
59,893
13,600
5,000
205,067
932,420
59,399
84,800
110,100
20,000 00
16,000 00
72,975
510,000
25,000
419,500
80,500
31,578
204,900
50,950 00
-
$1,000 00
1,100 00
500 00
1,259 03
17,840 00
42,100 00
17,300 00
42,600 00
500 00
5,000 00
17,200 00
00
55
00
00
00
-
00
01
00
25
00
00
29
18
77
00
49
00
00
00
42
00
80
25
00
67
706,800
30,419
50,000
13,000
63,600
—
$143,450
135,708
210,750
19,866
9,800
10,079
118,878
90,420
47,502
113,120
Bailroad Bonds.
52,610
107,100
3,869
264,999
173,063
487,050
. 24,877
149,258
33,300
212,645
_
-
276,900
794,000
5,030
39,000
122,000
Loans on Bank
Stock.
Bank Stock.
CLOSE OF BUSINESS OCTOBER 31, 1884.
m
25,000
1,839,800
56,000
267,750
20,000
12,500
5 0,000
00
00
00
00
00
00
00
4 1,000 00
9,500 00
10,000 00
3,000 00
15,991 11
47,000 00
50,000 00
-
-
00
00
00
00
00
00
00
00
20,000 00
69,000 00
337,500 00
—
33,500 00
2,000 00
2,000 00
77,500 00
30,000 00
233,540 00
191,500 00
13,000 00
—
-
24,500
3,300
11,500
24,000
5,000
00
00
00
00
00
_
97,954
5,582
717,725
5 9,000
5,000
161,593
74,000
-
14,653 10
14,598 43
4,020 44
-
8,195
334
422
5,666
15,790
531
49
60
20
65
34
75
1,110
1,666
125
316
13,692
1,828
35,598
51
05
00
68
35
67
80
16,747
6,056
11,067
1,700
12
63
67
00
-
496 80
4,637 14
-
128 63
75 00
108 18
2,255 00
2,153 14
6,534 47
191 93
2,556 85
2,892 77
11,324 05
509 99
1,089
2,344
51,244
88
282
16,013
-
46
84
43
02
97
12
-
2,204 41
6 00
—
$1,226,890
874,413
1,596,011
785,636
1,089,491
686,024
281,758
357,695
310,009
2,003,349
86
19
42
42
50
60
29
30
53
95
1
2
3
4
5
6
7
8
9
10
762,043
12,285,885
891,952
128,035
271,207
188,018
3,042,377
704,524
376,003
44,160
75
14
65
89
33
21
32
15
72
58
11
12
13
14
15
16
17
18
19
20
202,739
2,816,377
2,220,958
483,627
1,619,326
306,649
1,354,197
2,834,756
1,770,694
141,842
99
50
40
33
87
31
10
65
75
95
21
22
23
24
25
26
27
28
29
30
98
41
23
53
36
86
34
12
14
09
31
32
33
34
35
36
37
38
39
40
27,730 54
592,373
2,598,088
670,984
4,220,435
1,016,960
371,935
446,455
1,034,920
1,782,746
1,384,983
18,670 17
44,629 13
5,908 72
51,600 17
22,387 91
14,207 26
4,498 58
208,700 00
886
2,987
4,152
241
899
122
15,742
10,248
8,941
896
64
69
76
27
39
67
30
13
86
41
840
4
298
2,987
492
9,724
150
9,905
28,334
61,438
05
75
75
02
67
69
00
34
70
95
353,799
1,129,768
357,255
291,746
1,678,742
38,340
4,550,171
451,669
1,337,787
4,980,960
50
38
83
46
23
27
56
87
56
58
41
42
43
44
45
46
47
48
49
50
475
736
585
816
48,035
2,951
689
11,864
306
2,361
52
21
67
30
97
42
05
63
69
49
338
5 0 ,43 4
33
32,846
3,950
2,235
313
1,258
-
32
75
40
55,038
2,212,825
180,396
108,824
1,579,756
4,033,824
3,006,147
826,816
270,805
218,108
84
44
23
94
87
33
34
12
01
03
51
52
53
54
65
56
57
58
59
60
7,919
1,317
1,190
13,275
17
15
35
87
7 0 4 45
56,707 35
288,334
1,114,808
50,259
1,812,238
699,708
3,957,748
230,308
1,831,565
422,984
1,669,550
30
63
35
75
93
46
56
03
54
15
61
62
63
64
65
66
67
68
69
70
2,002,938
193,337
289,388
363,755
150,609
3,449,084
4,814,308
255,488
442,131
598,022
70
67
38
47
31
69
94
33
26
23
71
72
73
74
75
76
77
78
79
80
34
79
50
82
08
352,964
615,433
65,080
1,333,322
3,589,414
1,984,521
2,487,288
695,456
246,583
1,034,686
05
53
39
10
19
02
81
91
32
08
81
82
83
84
85
86
87
88
89
90
05
72
45
04
80
18
97
58
86
14
8,433 82
—
7,029 74
479 85
1 95
801 15
175 00
631,409
1,592,925
509,289
192,187
183,718
323,181
482,010
508,419
1,086,023
983,325
37
82
08
85
76
61
81
61
81
65
91
92
93
94
95
96
97
98
99
100
759 23
5,912 14
5,527 79
20,486 77
4,340 99
18,999 99
2,758 50
18,864 45
1,367 86
14,795 10
689 94
1,815 05
1,465 83
402,330 79
3,129 17
841 21
200,750 00
655,421
71,775
505,056
351,228
855,718
3,505,456
10,212,488
717,929
1,230,815
2,105,944
16
00
51
34
05
95
41
86
23
28
101
102
103
104
105
106
107
108
109
110
32,477
15,823
3,658
*
82,307
220,734
2,969
10,063
13
32
64
23
57
62
95
-
34,527
67,513
7,000
60,000
124,640
274,500
2,108
28,576
25,268
66,556
82
09
00
00
74
00
86
22
30
64
15,944
7,000
2,151
39,248
88
00
02
75
-
277,879
24,222
22,003
41,645
22
85
14
41
—
2,752
11,800
8,304
35,639
311,059
197,891
71,109
68,347
28,703
48,320
01
00
92
22
55
93
75
22
70
62
39,859
45,733
1,352
18,232
29,000
12,443
47,132
00
60
10
11
00
73
24
18,228 24
35,377 06
50,000 00
24,849 92
90,000 00
344,910 98
241,240 66
25,710 40
11,454 87
115,870 91
1,293 31
8,407 26
1,605 12
53,000 00
23,232 87
9,169 78
36,029 62
49,090 92
41,760 01
1,911
2,261
2,993
7,218
1,999
7,708
-
31
45
29
99
20
2,574
7,773
201
3,002
70
6,357
956
2,800
5,797
22,276
77
70
30
32
38
65
99
94
75
55
_
3,530
332
415
15,333
1,271
1,026
1,077
34
19
391
105,000
225,000
08
64
40
40
93
00
00
92
16
00
21
-
26,989
5,649
12,160
523
829
51
67
32
90
21
95
15
25
69
25
64
2,854
1,414
85
3,823
08
34
46
04
91
1,677
11,021
1,427
1,856
8,065
1,622
2,001
5 04
5,700
9,545
4,207
1,053 95
5,933 11
2,002 91
136 47
2,463 17
8,378 82
10,654 77
3,509 19
1,224 97
—
13,488
9,370
701
816
274
1,776
943
1,600
19,103
10,033
25
36
41
14
45
-
5,832
286
12,372
7,492
43,173
12
93
00
59
88
47
13,717
121
218
7
7,289
324
958
28,628
827
14
25
46
50
87
85
07
36
23
1,227,273
117,771
433,811
399,914
453,982
402,097
716,661
4,246,895
660,879
2,285,149
74
69
04
23
54
74
76
18
68
83
111
112
113
114
115
116
117
118
119
120
88
15
81
00
47
00
00
49
30
27
75
60
99
15
78
53
67
88
121
122
123
124
125
126
127
128
129
130
557,362
259,559
16,315
24,736
2,197
120,000
146,020
8,045
13,813
65,646
50
12
88
14
85
00
37
41
35
61
27,165
1,817
1,510
1,763
7,947
5,074
21,029
1,992
4,923
64
41
45
68
07
81
29
41
20
90
02
379,486
1,665
16,046
800
1,452
20,000
100,000
2,623
4,247 25
26,271,010
1,565,426
1,142,458
827,078
436,531
2,745,752
6,744,464
367,228
882,548
622,802
42,000
67,506
6,341
2,861
17,760
44,800
208,000
00
26
41
18
15
00
00
837
4,355
3,050
222
45
64
18
71
22,459 01
4,805 00
6,356 51
6,200 00
29,650 00
2,506 95
202,989 63
1,195,616
1,408,665
465,961
422,453
387,978
1,875,446
8,456,273
190,347
446,800
18,262,991
34
26
19
15
45
95
76
33
92
97
131
132
133
134
135
136
137
138
139
140
6,088 59
428 64
17,166 21
5,035 03
3,188 72
""
1,250,262
169,183
2,731,837
712,072
325,674
132,379
31,502
1,590,080
2,280,886
590,660
38
74
67
24
84
84
76
80
17
45
141
142
143
144
145
146
147
148
149
150
35
04
00
32
1,653,307
5,693,494
68,766
273,461
498,445
354,295
593,465
841,629
549,542
294,706
55
53
57
63
09
76
25
41
17
26
151
152
153
154
155
156
157
158
159
160
401 73
179,430 54
17,235 59
58,010 72
1,870 86
4 30 39
638,181
320,158
640,554
9,479,551
2,747,627
3,665,206
2,247,203
695,527
54
79
04
13
45
00
77
99
161
162
163
164
165
166
167
168
20,669 91
419,756 83
17,280
3,053
52,847
39,100
212
11,270
13
02
58
00
38
23
-
37,000 00
13,979 02
—
84,674
8,178
6,612
4,672
4,423
3,453
40
99
51
68
47
10
-
36,276 82
325 00
-
25
79
00
00
00
75
00
$7,074 89
600 00
63
64
26
50
23
18
33
33
02
76
Total Amount of
Assets.
2,413 17
22,307 42
2,772 91
14,507 85
389 69
1,504 27
6,418 49
2,342 54
—
-
$427
2,773
5,926
130
410
7,183
2,922
1,606
628
40,943
Sundry Assets.
29,219 75
22,335 20
193,051 40
20,171 29
42 ,94 4 98
34,298 53
27,378 99
—
m
Cash on Hand.
4,359
49,005
313,523
240,852
247,458
49,729
6 ,0 00
54
25
79
55
60
05
00
13,951
77,923
3,697
883
253,470
95
76
13
83
71
6,683
3,461
5,925
1,302
37
72
74
60
-
418
1,663
1,325
5,097
755
33
30
80
16
99
20,683 10
4,438 87
4 4 09
-
.
379
1,891
5,069
2,142
251
2,455
67
08
46
09
35
15
21,033
829
1,202
1,318
2,334
8,458
2,008
10,611
88
52
00
42
65
37
91
57
1,332
406,344
517
20
21,442
86
56
80
00
74
-
13
26,466
5,8 00
487
-
$62,793,300 513 $10,079,112 91 $8,857,779 7 6 $1,212,792 6 3 $3,159,313 16 $273,916,918 81
f Amount invested in United States bonds, $14,553,600.85; amount invested in State, county, city and town bonds, $25,956,713.15.
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Federal Reserve Bank of St. Louis
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Federal Reserve Bank of St. Louis
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Federal Reserve Bank of St. Louis
»
BARNSTABLE SAVINGS BANK — BARNSTABLE.
G u stavu s A. H in c k l e y , S a m u e l S n o w , Receivers.
St a t e m e n t .
Percentage and amount of dividends allowed by Supreme Judicial Court,
82 per c e n t . , * ........................................................................................ $1,055,361 90
Balance now due depositors,...............................................................................
2,524 09
* Final dividend allowed Sept. 24, 1883.
LANCASTER SAVINGS BANK — LANCASTER.
Incorporated 1845; perpetually enjoined by decree of Supreme Judicial Court, Dec. 30,
1875.
W il l i a m H . M cN e i l , E l is h a B r i m h a l l , B e n j a m in S n o w , Receivers.
State m e n t.
L
ia b il it ie s
Deposits,
Dividends unpaid,
.
A
$451,417 50
2,277 70
$453,695 20
Loans on real estate,
Real estate acquired.
Profit and loss,
Cash in banks, .
.
s s e t s
.
.
.
$18,000
220,000
184,423
31,271
00
00
99
21
$453,695 20
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 of receivers,
973,390 36
Date, percentage and amount of dividends allowed by the Supreme Judi
cial Court: June 10, 1876, 33J per cent., $324,463.45; November 19,
1877, 10 per cent., $96,732.32; October 29, 1878, 10 per cent., $96,732.32.
i 323,744 61
Amount of each dividend paid to d ate ,..............................................................J 96,235 49
( 95,670 29
Number of open accounts..................................................................... 2,397
Number and amount of open accounts on which no dividend has been
claimed or paid, .
.
.
..............................................................
21
2,156 50
Estimated amount to be realized from remaining assets applicable to pay
ment of d i v i d e n d s ,........................................................................................
65,000 00
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Federal Reserve Bank of St. Louis
412
[Jan
BANK COMMISSIONERS’ REPORT
Amount of each class of assets disposed of to date and amount of profit or
loss on each : Bank stock, $76,300—profit, $15,599.50; loans on railroad
stock, $1,692—loss, $366.75; loans on bank stock, $2,000; loans on mort
gages of real estate, $363,422.30—loss, $92,004.18; loans on public funds,
$1,075; loans on personal security, $290,850—loss, $126,889.37; loans on
railroad bonds, $31,500—loss, $20,326.92.
Amount of expense of receivership to d a t e ,..................................................... $33,565 11
Date of examination by commissioner: September 12.
NEEDHAM SAYINGS BANK — NEEDHAM .
E m e r y G r o v e r , Receiver.
State m e n t.
Percentage and amount of dividends allowed by Supreme Judicial Court,
100 per c e n t . , * .................................................................................................$23,354 17
Balance now due depositors,...............................................................................
235 96
* Final dividend allowed Sept. 25,1883.
NORTH BRIDGEW ATER SAVINGS BANK — BROCKTON.
Incorporated April 24, 1851; perpetually enjoined by decree of Supreme Judicial Court,
Nov. 13, 1877.
R u fu s P. K in g m a n , E l l is A
m es,
Receivers.
Statem ent.
Amount of assets delivered to r e c e i v e r s , .....................................................
Date of delivery : November 19,1877.
Amount due depositors at time the bank was placed in hands of receivers,
Percentage and amount of dividends allowed by Supreme Judicial Court,
94A4L per cent.,*.................................................................................................
Balance now due depositors,............................................
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Federal Reserve Bank of St. Louis
* Final dividend allowed March 28, 1884.
$450,840 40
542,076 10
512,045 15
30,030 95
1 88 5.]
413
P U B L IC D O C U M E N T — N o. 8.
R EADING SAYINGS BANK — READ IN G.
Incorporated July 14, 1869: perpetually enjoined by decree of Supreme Judicial Court,
April 11, 1879.
W
il l ia m
J. H o l d e n , S olon B a n c r o f t , Receivers.
Sta te m e n t.
L
ia b il it ie s
Due depositors, .
Interest account,
.
A
$113,521 97
10,952 48
s s e t s
*
Mortgage loans,
Personal loans,
United States bonds,
Bank stock,
.
.
.
.
Balance due from late treasurer,
Real estate,
.
.
.
.
Due on mortgage notes after
disposing of security, .
E x p e n se ,...................................
Profit and loss, .
.
.
.
Cash,.
.
$124,474 45
$27,635
4,190
1,000
2,900
53,090
3,858
00
32
00
00
79
06
695
8,817
426
21,860
49
91
81
07
$124,474 45
Amount of assets delivered to the receivers,.....................................................$108,962 81
Date of delivery: April 23, 1879.
Assets afterwards recovered by the receivers..................................................... 6,750 00
Amount due depositors at time the bank was placed in hands of receivers,
156,329 78
Date, percentage and amount of dividends allowed by Supreme Judicial
Court; Nov. 3, 1879, 12£ per cent., $19,541.22; Nov. 23, 1881, 15 per
cent., $23,449.48.
Amount of each dividend paid to d a t e , .....................................................]
’ '
(.
LdyLi D /U
Number of open a c c o u n t s ,.......................................................................680
Number and amount of open accounts on which no dividend has been
claimed or paid.............................................................................................
14
96 63
Estimated amount to be realized from remaining assets applicable to pay
ment of dividends,
........................................................................................
11,400 00
Amount of each class of assets disposed of to date, and amount of profit
or loss on each : Real estate and mortgages, $45,628—loss, $244.68; per
sonal loans, $12,102.53— loss, $182.13.
Amount of expenses of receivership to date,..................................................... 8,817 91
Date of examination by commissioner: November 18.
* Pursuant to a decree o f the Supreme Judicial Court, recently passed, mortgages which were
charged to the receivers amounting to $17,500, have been surrendered to an adverse claimant,
and the title o f some other assets which the receivers had hoped to recover has been confirmed
to him. A suit is now ponding, and we hope soon to be decided, which will determine the
ownership o f other mortgages amounting to about $26,000.
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Federal Reserve Bank of St. Louis
B A N K C O M M IS S IO N E R S ’ R E P O R T
414
[Jan
SANDW ICH SAYINGS BANK — SANDWICH.
Incorporated 1866; perpetually enjoined by decree of Supreme Judicial Court, Jan. 29,
1878.
H. G. 0 . E l l i s , Receiver.
Sta te m e n t.
Amount of assets delivered to the receivers,..................................................... $109,761 89
Date of delivery: April 1, 1878.
Amount due depositors at time the bank was placed in hands of receivers,
108,145 35
Percentage and amount of dividends allowed by Supreme Judicial Court,
81 per c e n t . , * .................................................................................................
87,595 86
Balance now due depositors,................................................................................
1,835 70
Date of examination by commissioner: April 15.
* Final dividend allowed June 30,1884.
SCITUATE SAYINGS BANK — SCITUATE.
Incorporated May 31, 1851; perpetually enjoined by decree of Supreme Judicial Court,
July 9, 1880.
E b e n e z e r T. F o g g , W
il l a r d
T o r r e y , Receivers.
Statem ent.
L
ia b il it ie s
Deposits,
Unpaid dividends,
A
.
$51,100 80
156 11
$51,256 91
s s e t s
.
Loans on mortgages of real es
tate,
...................................
Real estate by foreclosure,
Loans on personal securities, .
Due on bond, .
Profit and loss, .
Cash,
....................................
$22,357 00
7,361 10
1,280 00
3,549 17
14,226 22
2,483.42
$51,256 91
Amount of assets delivered to the receivers, .
.
.
.
.
.
.
$125,486 44
Date of delivery: July 23, 1880.
Amount due depositors at time the bank was placed in hands of receivers,
127,751 94
Date, percentage and amount of dividends allowed by Supreme Judicial
Court: Sept. 11,1880, 20 per cent., $25,550.38; Nov. 15, 1881,20 per cent.,
$25,550.38; Jan. 11, 1883, 10 per cent., $12,775.19; April 15, 1884, 10 per
cent., $12,775.19.
Amount of dividends paid to date, .
.
.
.
.
.
.
.
.
76,495 03
Number of open a c c o u n t s ,....................................................................... 344
Number and amount of open accounts on which no dividend has been
14 52
claimed or p a i d ,.........................................................................................7
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Federal Reserve Bank of St. Louis
1 8 8 5 .]
P U B L IC D O C U M E N T — N o. 8.
415
Estimated amount to be realized from remaining assets applicable to pay
ment of d i v i d e n d s ,........................................................................................ $30,750 00
Amount of each class of assets disposed of to date, and amount of profit or
loss on each: Mortgages, $20,928.50 — loss, $400; personal notes,
$5,172.33—loss, $600; real estate, $45,278.98— loss, $13,435; bank stock,
$1,200—loss, $170.
Amount of expenses of receivership to date,..................................................... 5,618 14
Date of examination by commissioner: June 17.
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Federal Reserve Bank of St. Louis
416
B A N K C O M M IS S IO N E R S ’ R E P O R T .
[Jan.
A G G R E G A T E S T A T E M E N T O F B A N K S IN T H E H A N D S
O F R E C E I V E R S — 1884.
L
ia b il it ie s
Deposits,
Sundries,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
(3
B A N K S .)
A
.
$616,040 27
13,386 29
$629,426 56
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Profit and loss,
Sundries,....................................
Cash on hand and in banks, .
$1,000
2,900
231,219
67,992
5,470
199,077
66,153
55,614
00
00
16
00
32
02
36
70
$629,426 56
PUBLIC DOCUMENT — No. 8
1 8 8 5 .]
417
I
A G G R E G A T E S T A T E M E N T O F B A N K S IN T H E H A N D S
O F R E C E I V E R S — 1883.
L
ia b il it ie s
Deposits,
Sundries,
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
(4 B A N K S .)
A
$657,501 43
13,278 02
s s e t s
.
Public funds, .
.
.
.
Bank stock,
.
.
.
.
Real estate by foreclosure,
Loans on real estate,
Loans on personal security,
Profit and loss, .
.
.
.
Sundries,....................................
Cash on hand and in banks, .
$670,779 45
$1,000
2,900
249,655
87,337
6,222
213,149
48,526
61,988
00
00
66
00
32
46
53
48
$670,779 45
/
418
TABLE exhibiting the Number, Condition and Progress of the Savings Banks of Massachusetts in each Year from 1834 to 1881 inclusive.
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Federal Reserve Bank of St. Louis
H
i*
h
2
10*
2|
1*
15
17
8
2
91
10
9f
m
20*
16*
H
11*
$ 3 ,4 0 7 ,7 7 3
3 ,9 2 1 ,3 7 0
4 ,3 7 4 ,5 7 8
4 ,7 8 1 ,4 2 6
4 ,8 6 9 ,3 9 3
5 ,6 0 8 ,1 5 9
5 ,8 1 9 ,5 5 4
6 ,7 1 4 ,1 8 2
6 ,9 0 0 ,4 5 1
6 ,9 3 5 ,5 4 7
8 ,2 6 1 ,3 4 5
9 ,8 1 3 ,2 8 8
1 0 ,6 8 0 ,9 3 3
1 1 ,7 8 0 ,8 1 3
1 1 ,9 7 0 ,4 4 8
1 2 ,1 1 1 ,5 5 4
1 3 ,6 6 0 ,0 2 4
1 5 ,5 5 4 ,0 8 9
1 8 ,4 0 1 ,3 0 8
2 3 ,3 7 0 ,1 0 2
2 5 ,9 3 6 ,8 5 8
2 7 ,2 9 6 ,2 1 7
3 0 ,3 7 3 ,4 4 7
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
0 )
O0
00
00
_
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
00
15
1 1*
9*
2
15*
3|
15*
2f
1
19
18f
7
10
i*
l
13
14
12
27
11
n
10f
$140
143
146
146
147
152
157
162
162
1 60
166
168
169
172
171
169
1 74
179
189
1 99
189
184
184
09
99
19
51
27
86
98
08
03
40
23
66
82
45
26
08
57
73
01
05
88
10
15
6 1 4 ,4 0 8 *
-
$ 5 58
_
_
$ 1 0 ,9 6 8
1 2 ,0 6 6
1 4 ,4 1 3
1 7 ,5 0 4
1 8 ,3 2 9
1 7 ,2 0 4
1 7 ,9 5 2
1 9 ,2 4 8
—
00
00
00
00
00
00
00
00
2 0 ,7 7 7
2 2 ,6 8 8
2 7 ,0 1 7
2 9 ,3 0 7
3 4 ,4 9 0
3 6 ,4 0 5
3 7 ,3 6 1
4 1 ,6 8 1
4 3 ,7 0 7
4 9 ,3 8 0
5 9 ,0 7 1
6 3 ,4 7 1
7 7 ,7 5 7
8 9 ,3 0 9
00
00
00
00
00
00
00
00
00
00
00
00
00
00
-
-
_
-
7 3 7 ,6 0 9
-
—
_
7 88
_
-
-
_
_
_
_
—
_
-
-
_
9 9 4 ,5 1 4
-
13 73
_
-
_
1 ,1 3 2 ,3 6 9
-
Percentage of Ex
pense to Total
Deposits.
Population of
Massachusetts.
1
_
$ 5 1 3 ,5 9 7
4 5 3 ,2 0 8
4 0 0 ,8 1 8
8 7 ,9 6 7
7 3 8 ,7 6 6
2 1 1 ,3 9 5
8 9 4 ,6 2 8
1 8 6 ,2 7 0
3 5 ,0 9 5
1 ,3 2 5 ,7 9 8
1 ,5 5 1 ,9 4 3
8 6 7 ,6 4 5
1 ,0 9 9 ,8 8 0
1 8 9 ,6 3 5
1 4 1 ,1 0 6
1 ,5 4 8 ,4 7 1
1 ,8 9 4 ,0 6 5
2 ,8 4 7 ,2 1 9
4 ,9 6 8 ,7 9 4
2 ,5 6 6 ,7 5 6
1 ,2 5 7 ,3 5 9
3 ,0 7 7 ,2 3 1
Average to
each account.
Percentage of
increase.
Increase in Am't
of Deposits over
Previous Year.
1
12
9
Expense of Man
agement.
31
31
33
38
39
41
43
45
45
53
60
73
80
81
_
_
Amount of
Deposits.
2 ,9 7 6
2 ,5 5 4
2 ,7 7 8
499
3 .6 2 3
781
3 ,9 5 3
1 ,1 6 4
630
6 ,1 8 2
8 ,4 7 9
4 ,7 1 5
5 ,4 1 9
1 ,5 8 2
1 ,7 3 5
7 ,1 9 4
7 ,7 1 5
1 0 .8 1 6
2 0 ,0 5 1
1 9 ,2 5 0
1 1 ,6 0 9
17,2 21
Percentage
of increase.
2 4 ,2 5 6
2 7 ,2 3 2
2 9 ,7 8 6
3 2 ,5 6 4
3 3 ,0 6 3
3 6 ,6 8 6
3 7 ,4 7 0
4 1 ,4 2 3
4 2 ,5 8 7
4 3 ,2 1 7
4 9 ,6 9 9
5 8 .1 7 8
6 2 ,8 9 3
6 8 ,3 1 2
6 9 ,8 9 4
7 1 ,6 2 9
7 8 ,8 2 3
8 6 ,5 3 7
9 7 ,3 5 3
1 1 7 ,4 0 4
1 3 6 ,6 5 4
1 4 8 ,2 6 3
1 6 5 ,4 8 4
No. of Banks.
22
27
28
30
30
30
31
30
-
Deposits to each
Person of Pop
ulation.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Increase in Num
ber of accounts
over Previous
Year.
1834,
1835,
1886,
1837,
1838,
1839,
1810,
1841,
1842,
1843,
1814,
1815,
1816,
1847,
1818,
1819,
1850,
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