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Full text of "Commissioners of savings banks."

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PUBLIC DOCUMENT. No. 8. 



ANNUAL REPORT 



OP THE 



v.'... 

BOARD OF COMMISSIONERS 



OF 



SAVINGS BANKS. 



1881. 



BOSTON: 
Eanto, &berp, & Co., Printer* to t&e Commontoealtft, 

117 Franklin Street. 

1882. 



S3Z VA2. 

I: 

A 



tfommontoealtf) of Jtlassacljusetta. 



Office of the Commissioners of Savings Banks, 
State House, Boston, Jan. 4, 1882. 

To the Honorable Senate and House of Representatives. 

The Commissioners of Savings Banks respectfully present 
their Sixth Annual Report for the consideration of the Legis- 
lature. 

The number of savings banks now doing business in the 
Commonwealth is one hundred and sixty-five, one more than 
last year. 

The Brockton Savings Bank of Brockton, which was incor- 
porated by the last Legislature, commenced business in May last, 
under favorable circumstances. The bank supplies an urgent 
need in this large manufacturing community, which had- been 
deprived of the facilities of a savings bank since the failure of 
the North Bridgewater Savings Bank, in 1877. 

There are now twelve banks in the hands of receivers. The 
final dividend of ten per cent has been allowed, by decree of 
the Supreme Judicial Court, in the West Boston Savings Bank 
of Boston. 

There have been six dividends in all allowed by the Court, 
amounting to eighty-five per cent of the principal of the de- 
posits. 

The final account of the receivers of the Rockport Savings 
Bank has been presented to the Supreme Judicial Court, and a 
dividend of about fourteen per cent will probably be allowed, 
which, with the three previous dividends, will return to the 
depositors about eighty- lour per cent' of the principal of their 
deposits. 

The receivers of the Mercantile Savings Institution of Bos- 
ton and the Hyannis Savings Bank expect to present their 
final accounts to the Court during the winter. The final divi- 
dends to the depositors will probably be payable early in the 
spring. 

The receivers of the remaining eight banks expect to close 



iv BANK COMMISSIONERS' REPORT. [Jan. 

up their affairs during this year, should there be a fair market 
for the sale of real estate. 

The officers of the Emigrant Savings Bank, who are closing 
up its affairs, expect to make the final disposition of its assets 
during this year, completing the list of fifteen savings banks 
which will have been wound up, under decrees of the Supreme 
Judicial Court, since the failures began in 1875. They had 
nominally assets of 112,271,783.24. The amount due depositors 
was 111,958,833.42, and the number of depositors was 37,505. 
The loss to the depositors on the principal of their deposits 
will be about $1,900,000, calculated upon the basis of the 
estimates of the amount to be realized from the remaining 
assets made by the receivers in their last returns. 

On the opposite page is a table giving some statistics relative 
to banks in the hands of receivers. 

The Foxborough Savings Bank, which had been subject to 
the provisions of the Act of 1877, regulating and limiting the 
payments of deposits, was temporarily enjoined by the Supreme 
Judicial Court at the expiration of that act, as the officers were 
not confident that the bank could with safety resume in full. 
It is the expectation of the officers that the bank will be in con- 
dition to resume pa}^ment in full before July 1, 1882. 

The amount of deposits in the savings banks doing business 
Oct. 31, 1881, was $230,444,479.10, being $12,396,556.73 more 
than at the same date of the previous year. 

The surplus was $4,890,600.67, showing an increase of $132,- 
405.79 for the year. 

The guaranty fund was $3,341,062.35, which is an increase of 
$670,909.50 for the year. 

The number of open accounts was 738,951, an increase of 
32,556 for the year; which would make the average of the 
accounts $311.85, an increase from the average of the previous 
year of $3.17. 

The amount of deposits during the year was $48,223,496.86, 

— $5,471,939.43 more than the previous year, and the number of 
deposits (615,514) increased 82,920. The average of deposits 
was $78.35. The average the previous year was $80.27, being 
a decrease of $1.92 for the year. The total of withdrawals was 
$40,212,786.44, showing an increase of $5,809,358.21 from that 
of the previous year. The number of withdrawals was 419,959, 

— 30,184 more than the previous year. 



/ 



1882.] 



PUBLIC DOCUMENT — No. 8. 





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vi BANK COMMISSIONERS' REPORT. [Jan. 

The average of the withdrawals was $95.75, an increase of 
$7.49 from the previous year, when it was $88.26. 

Investments in United States bonds have increased $1,522,- 
667.21. 

State and municipal bonds have increased $44,895.80. Loans 
on public funds have decreased $602,003. Investments in bank 
stock have increased $859,222.18. 

Loans on bank stock have increased $108,616.83. 

Investments in railroad bonds have increased $790,852.33. 

Loans on mortgages of real estate have increased $86,083.81, 
and $1,169,894.92 have been deducted from real estate acquired 
by foreclosure, which is $8,052,450.79. 

Loans on personal security have increased $17,612,461.20. 
The deposits in banks bearing interest are $11,770,415.27, a 
decrease from the previous year of $4,486,361.71. 

The percentage of assets in the various classes of investments 
is about seventeen and one-sixth per cent in public funds, and 
loans on public funds; ten and eighty-six one-hundredths per 
cent in bank stock, and loans on same ; three and twenty-six 
one-hundredths per cent in railroad bonds ; thirty-four and one- 
half per cent in loans on mortgages of real estate ; four and 
forty-three one-hundredths per cent invested in real estate, in- 
cluding foreclosures ; twenty and twenty-three one-hundredths 
per cent in loans on personal security ; three and sixty-three 
one-hundredths per cent in loans to counties, cities, and towns ; 
four and ninety-two one-hundredths per cent in deposits in 
banks on interest. 

The earnings of the banks were $12,285,345.35, — $390,634.75 
more than the previous year. The amount of dividends was 
$8,293,774.37, an increase of $335,887.28. 

Seven banks paid the highest rate of dividend of interest 
allowed, — five per cent; thirty-two banks paid dividends be- 
tween four and five per cent ; one hundred and ten banks paid 
four per cent dividends ; four banks paid three and three- 
fourths per cent dividends ; three banks paid three and one- 
half per cent dividends ; four banks paid three per cent divi- 
dends ; two banks paid one dividend of two per cent ; three 
banks paid no dividend of interest, but of these, two were 
temporarily enjoined by decrees of the Supreme Judicial Court, 
and the other was organized during the previous year. 

The average rate of ordinary dividends was four per cent. 



1882.] PUBLIC DOCUMENT — No. 8. vii 

The previous year the average was three and ninety-three one- 
hundredths per cent. The slight increase of seven one-hun- 
dredths of one per cent in the average of dividends is due 
mainly to the fact that all the banks but one which had been 
temporarily enjoined were relieved from injunction, and have 
resumed the payment of ordinary dividends of interest. 

The large increase in deposits, while it indicates the com- 
plete restoration of the public confidence in savings banks, 
embarrasses many of them with a surplus of money seeking 
investment at a time when securities which they are authorized 
to hold command high premiums. 

The last Legislature increased the classes of securities in 
which investments might be made ; but as yet the relief has 
been small. In our opinion, as suggested in our last Annual 
Report, the most effectual remedy for this embarrassment is 
to be found in the refusal of the banks to receive large de- 
posits from persons not properly beneficiaries of these insti- 
tutions. 

Three years ago we called the attention of the Legislature to 
the doubtful character of the shares of national banks as an 
investment of the deposits of savings banks, on account of the 
liability of stockholders, in case of loss, to assessments amount- 
ing to one hundred per cent of the par value of the stock ; also 
to the difficulty of convertibility in times of stress, as they 
were based upon commercial or personal credits, which are 
liable to be seriously affected by financial disturbances. 

Recent events have confirmed us more strongly in this opin- 
ion ; and, if authority to invest in these stocks is to be contin- 
ued, we recommend that investments be limited to one-quarter 
of the deposits of any one bank. 

Loan and Trust Companies. 

There are now six loan and trust companies doing business 
in the Commonwealth. 

One, the American Loan and Trust Company of Boston, was 
chartered by the last Legislature, and commenced business in 
May last, with a paid-up capital of one million dollars. 

The trust departments of these institutions are of minor 
importance. Only three of them have opened such departments, 
and in only one of them does there appear to be much interest 
exhibited by the management in extending this class of business. 



viii BANK COMMISSIONERS' REPORT. [Jan. 

The business of these institutions is generally such as banks, 
bankers, or merchandise-brokers ordinarily pursue. 

We respectfully renew the recommendation made in our last 
Annual Report, that a general law be enacted granting the 
same powers and privileges to each and all of them, and subject- 
ing them to the same duties, liabilities, and limitations. 

The last Legislature, in amending the charter of the Massa- 
chusetts Hospital Life Insurance Company, made it the duty of 
the Commissioners of Savings Banks to examine into its affairs, 
once in each year at least. 

It also required an annual return of its affairs to be made by 
the institution to the Commissioners. The return for last year 
is published in this Report with the returns of the loan and 
trust companies. 

At the official examination we found its affairs to be in good 
condition, and prudently managed. 

This venerable institution, incorporated Feb. 24, 1818, is 
more essentially a trust company than any other of these cor- 
porations. $14,717,391.76 of its assets were invested in trust 
for beneficiaries, to whom it now pays four per cent income per 
annum. In the past, when higher rates of interest were obtain- 
able, it paid larger rates. 

It has also during its existence paid to the Massachusetts 
General Hospital more than $400,000, in accordance with a 
provision of its charter, that it shall pay one-third part of its 
net profits to said institution. 

The original charter required an annual return to be made to 
the Secretary of State. As there appears to be no necessity 
for two returns, we recommend that the provision of the act 
requiring a return to be made annually to the Secretary of 
State be repealed. 

Co-operative Saving Fund and Loan Associations. 

There are now eighteen of these associations doing business 
in the Commonwealth, an increase of two during the fiscal 
year, — the West Roxbury Association of Boston, incorporated 
July 1, 1881, and the New Bedford Association, incorporated 
July 8, 1881. 

The assets of all the associations have risen during the }~ear 
from 1372,462.31 to $653,142.80, an increase of $280,680.49, 
which indicates a marked degree of prosperity. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



IX 



Increase of 
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Brockton 
Lynn 
Fitchburg 
Haverhill , 
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Boston . 
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Campello . 
Equitable . 
Fitchburg . 
Haverhill . 
Holyoke 
Homestead 
Mechanics' 
New Bedford 
Pioneer 
Security 
Somerville . 
Taunton . 
Troy . 
Waltham . 
West Roxbury . 
Worcester . 
Workingmen's . 



x BANK COMMISSIONERS' REPORT. [Jan. 

The last Legislature amended the general law relative to 
these associations in several of its sections, so as to make the 
investments more secure, and the division of the profits more 
equitable. 

On the preceding page is a table showing the general condi- 
tion of each association. » 

Following these remarks may be found the Public Statutes 
relative to Savings Banks. 

Respectfully submitted. 

J. GATCHELL, 
C. CURRY, 

Commissioners of Savings Banks. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



XI 



[P. S., Chapter 116.] 

OF SAVINGS BANKS AND INSTITUTIONS FOR SAYINGS. 



commissioners of savings banks. 
Section 

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. 

Section 

9. Commissioners to report violations of 
law, and attorney-general to prosecute. 

10. to report violations of law by re- 
ceivers. 

SAVINGS BANKS AND INSTITUTIONS FOR 
SAVINGS. 

11. Savings banks and institutions for sav- 
ings, powers and duties of. 

12. Power of general court over same. 
Penalty for obstructing investigation. 

OFFICERS AND MEETINGS. 

13. Officers of such corporations. 

14. Treasurer's bond. 

15. Choice and appointment of officers. 
Vacancies. Clerk to notify persons 
elected, and publish list. Penalty. 

16. Special meetings, how called and noti- 
fied. 

17. Members of the corporation. 

18. Regular meetings of trustees. Quorum. 
Statement of condition. Record of 
meeting, and names of trustees pres- 
ent. Office of trustee, how vacated, 
and proceedings thereon. 

DEPOSITS, LOANS, AND INVESTMENTS. 

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. 



dividends and payments. 

Section 

24. Guaranty fund. 

25. Net profit to be divided among depos- 
itors, 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. 

28. No dividend to be declared or paid, 
until, etc. 

29. Deposits, how withdrawn. Payments 
to minors. 

30. Depositor may set off the amount of 
his deposit in proceedings by the cor- 
poration. 

31. In actions for deposits, claimants may 
be made defendants, etc. Deposits 
may remain, or be paid into court, etc. 

32. When a deposit is made in trust, 
name, etc., of person for whom made, 
to be disclosed; to whom payable in 
case of death. 

33. 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. 

SPECIAL TRUST FUNDS. 

35. Corporations may receive funds in 
trust for parks, shade-trees, cemeteries, 
and drinking fountains. 

36. Probate court 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. If the corporation ceases to do busi- 
ness, these funds, where to be de- 
posited. 

BOOKS AND RETURNS. 

39. Commissioners may prescribe manner 
of keeping and auditing books, etc. 

40. Treasurer to make annual report. 
Particulars to be stated in same. 

41. Additional statements may be re- 
quired. 

42. Commissioners to furnish forms of 
reports; to report to the general court. 

43. Treasurer to inform overseers of poor 
of deposits to the credit of a pauper., 

44. Receivers to deposit unclaimed mon- 
eys, etc., with treasurer. 



Xll 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Appointment 
and tenure of 
office of board. 
1866,192, §§1,2. 
1876, 231, §§ 1-3. 



Compensation 
and allowances. 
1879, 124, § 1. 

1879, 293, § 3. 

1880, 161, § 5. 



The board to 
visit and exam- 
ine every bank 
annually. 
1866, 192, § 2. 
1876, 231, § 3. 



may summon 
and examine 
officers, etc. ; 
penalty for re- 
fusing to obey 
summons, or 
obstructing 
commissioner. 
1866, 192, § 3. 
1876, 231, § 3. 



The board shall 
examine bank 
on request of 
five officers or 
creditors, etc. 
1866, 192, § 4. 
1876, 231, § 3. 



proceedings 
by, when bank 
insolvent, or in 



COMMISSIONERS OF SAYINGS BANKS. 

Section 1. The board of commissioners of savings banks 
shall consist of two commissioners appointed by the governor 
with the advice and consent of the council, and subject to re- 
moval in like manner, each of whom shall be sworn, and shall 
hold office for the term of three years unless sooner removed. 
Upon the occurrence of a vacancy before the expiration of a 
term, an appointment shall be made for the remainder of the 
term. 

Sect. 2. The annual salary of each of said commissioners 
shall be two thousand eight hundred dollars ; and the board 
shall be allowed a sum not exceeding; one thousand six hun- 
dred dollars a 3 r ear for clerical assistance, and also the actual 
expenses incurred in travelling in the discharge of its official 
duties. 

Sect. 3. The commissioners shall visit once in every 3*ear, 
and as much oftenei* as they deem expedient, eveiy savings 
bank and institution for savings incorporated by authority of 
this commonwealth. At such visits they shall have free access 
to the vaults, books, and papers, and shall thoroughly inspect 
and examine all the affairs of each of said corporations, and 
make such inquiries as may be necessaiy to ascertain its condi- 
tion and ability to fulfil all its engagements, and whether it has 
complied with the provisions of law. They shall preserve in a 
permanent form a full record of their proceedings, including a 
statement of the condition of each of said corporations. 

Sect. 4. Either of the commissioners ma} r summon all 
trustees, officers, or agents of any such corporation, and such 
other witnesses as he thinks proper, in relation to the affairs, 
transactions, and condition of the corporation, and for that pur- 
pose may administer oaths ; and whoever refuses, without justi- 
fiable cause, to appear and testify when thereto required, or 
obstructs a commissioner in the discharge of his dut} T , shall be 
punished by fine not exceeding one thousand dollars, or impris- 
onment not exceeding one 3'ear. 

Sect. 5. Upon the certificate under oath of anj r five or more 
officers, trustees, creditors, or depositors of any such corpora- 
tion, setting forth their interest and the reasons for making 
such examination, directed to the commissioners and requesting 
them to examine such corporation, they shall forthwith make a 
full investigation of its affairs in the manner before provided. 

Sect. 6. The commissioners, if upon such examination any 
such corporation appears to be insolvent, or its condition such 



1882.] PUBLIC DOCUMENT — No. 8. xiii 

as to render its further proceeding hazardous to the public or a hazardous 
to those having funds in his custody, shall apply, or, if such 1866, 192, '§5. 

■* 1, AA'i. I .1 A '. 1876, 231, §3. 

corporation appears to have exceeded its powers or failed to 
comply with any rule, restriction, or condition provided by law, 
they may apply to a justice of the supreme judicial court to 
issue an injunction restraining such corporation in whole or in 
part from further proceeding with its business until a hearing 
can be had. Such justice may, with or without previous notice, 
issue such injunction, and, after a full hearing, may dissolve or 
modify it or make it perpetual, and may make such orders and 
decrees according to the course of proceedings in equity to 
restrain or prohibit the further prosecution of the business of 
the corporation as may be needful in the premises ; and may 
appoint one or more receivers to take possession of its property 
and effects, subject to such directions as may from time to time 
be prescribed by the court or a justice thereof. 

Sect. 7. When receivers are so appointed, the treasurer of Schedule of 

pflppcts to lt)G 

the corporation shall make a schedule of all its property ; and made, sworn to, 
its treasurer, board of investment, and other officers transferring receivers. 
its property to the receivers shall make oath that said schedule examined under 
sets forth all the property which the corporation owns or is i878," 253, § 5. 
entitled to. The treasurer shall deliver said schedule to the 
receivers and a copy thereof to the commissioners, who ma} r at 
any time examine under oath such treasurer, board of invest- 
ment, or other officers, in order to determine whether or not all 
the property which the corporation owns or is entitled to has 
been transferred to the receivers. 

Sect. 8. The commissioners, or one of them, shall at least Commissioners 

' to examine the 

once in every } T ear, and as much oitener as they deem expedient, accounts, etc., 

of receivers 

examine the accounts and doings of all such receivers; and 1 878, 253, §§'1, 

shall carefully examine and report upon all accounts and reports ' 

of receivers made to the supreme judicial court and referred to 

the commissioners by the court ; and, for the purposes of this 

section, shall have free access to the books and papers relating 

to the transactions of such receivers, and may examine them 

under oath relative to such transactions. 

Sect. 9. The commissioners, if in their opinion any such to report vio- 
corporation or its officers or trustees have violated any law in 1866,192, §7.' 
relation to savings banks- or institutions for savings, shall forth- 1878)253! §6! 
with report the same, with such remarks as they deem expedient, 
to the attorney-general, who shall forthwith institute a prosecu- 
tion for such violation, in behalf of the commonwealth. 

Sect. 10. The commissioners, whenever in their opinion to report vio- 
any such receiver has violated his duty, shall present the facts by receivers. 
to the supreme judicial court. 



1878, 253, § 4 



XIV 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Savings banks 
and institutions 
for savings, 
powers and 
duties of. 
1876, 203, § 1. 



Power of gen- 
eral court over 
same. Penalty 
for obstructing 
investigation. 
G. S. 57, §§ 102, 
103, 155. 
1876, 203, § 27. 



SAVINGS BANKS AND INSTITUTIONS FOR SAYINGS. 

Sect. 11. All savings banks or institutions for savings, 
incorporated under the authority of this commonwealth, may 
exercise the powers, and shall be governed by the rules, and 
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 an}' such corpo- 
ration ma}', by vote at its annual meeting or at a meeting called 
for the purpose, accept any provision of said sections which is 
inconsistent with its charter. 

Sect. 12. The general court may make other or further 
regulations for the government of such corporations, or may 
take away their corporate powers ; and every such corporation 
and its officers shall be subject to examination by an}' committee 
of the general court appointed for the purpose, who may exam- 
ine into the doings of the corporation, and shall have free access 
to its books and vaults. An officer of such corporation, or 
other person having charge of its books and property, who 
refuses or neglects to exhibit them to such committee, or who 
in an}' way obstructs its examination thereof, shall be punished 
by fine not exceeding ten thousand dollars, or imprisonment 
not exceeding three years. 



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



Treasurer's 
bond, and duty 
of trustees and 
board concern- 
ing same. 
1876, 203, § 3, 
1880, 162. 



OFFICERS AND MEETINGS. 

Sect. 13. The officers of every such corporation shall con- 
sist of a president, one or more vice-presidents, a board of not 
less than nine trustees, a treasurer, clerk, and such other officers 
as it may find necessary for the management of its affairs. The 
president, vice-presidents, and trustees shall be chosen from 
the members, and no person shall hold any office in two such 
corporations at the same time. Such officers shall be sworn, 
and shall hold their several offices until others are chosen and 
qualified in their stead, except in the cases hereinafter provided 
otherwise. 

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



1882.] PUBLIC DOCUMENT — No. 8. xv 

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

appointment 

treasurer, shall be chosen at its annual meetings, to be holden of officers. 
at such time as the by-laws direct, any thing in its charter to taking oath, to 
the contrary notwithstanding. The treasurer shall be appointed cierk to notify 
by the trustees, and shall hold his office during their pleasure, and publishes t! 
If an office becomes vacant during the year, the trustees may 18^203, §4. 
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 T 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 of office to which they were elected. 
A clerk neglecting to make such notification or publication, or 
making a false publication, and any person who knowingly 
publishes or circulates, or knowingly causes to be published or 
circulated, a printed notice containing the name of a person as 
an officer of any such corporation who has not taken the oath 
of office, shall be liable to a penalty of fifty dollars. 

Sect. 16. Every such corporation may at any time hold Special meet- 
special meetings by order of its trustees ; and its treasurer shall and b 'noSfied! e 
also notify special meetings upon the requisition in writing of ' 
any ten members of the corporation. Notice of all meetings 
shall be given by public advertisement in some newspaper of 
the county where the corporation is established, or by seasona- 
bly mailing to each member a written or printed notice of such 
meeting. 

Sect. 17. Ever}- such corporation may, at a legal meeting, Members of the 
elect by ballot any citizen of this commonwealth to be a member istT.^oV, ^. 
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 meet- 
ing. No person shall continue to be a member after removing 
from the commonwealth. 

Sect. 18. A regular meeting of the board of trustees of R Pg uiarmeet- 
every such corporation shall be held as often as once in three to g be°heid once 
months, for the purpose of receiving the report of its treasurer, Quorum'^state- 
and for the transaction of other business. A quorum shall con- uonofbank? 1 " 
sist of not less than seven trustees, but less than a quorum may meetin d <'°and Cb 
adjourn from time to time or until the next regular meeting. naraes of tr " B - 

J o o tees present. 

At each regular meeting the trustees shall cause to be prepared office of trus- 

00 1 r tee, how va- 

a statement showing the condition of the corporation as it cated, and 

x proceedings 

appears upon its books, in the form of a trial-balance of its thereon. 

1 l ^ 1876, 203, § 7. 



xvi BANK COMMISSIONERS' REPORT. [Jan. 

accounts, and such statement shall be posted in a conspicuous 
place in its banking-room, and there remain until the next regu- 
lar meeting of said board. A record shall be made at each 
meeting of the transactions of the trustees and the names of 
those present. If a trustee fails to attend the regular meetings 
of the board, or to perform any of the duties devolved upon 
him as such trustee, for six consecutive months, his office shall 
thereupon become vacant. A record of such vacancy shall be 
entered upon the books of the corporation, and a transcript of 
such record shall be sent by mail to the person whose office is 
thus made vacant. 

DEPOSITS, LOANS, AND INVESTMENTS. 

Limit to amount Sect. 19. Every such corporation ma} T receive deposits 

any^rbonfand from any person until the} T amount to one thousand dollars ; 

5.876^203, § 8. an d 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 
D3 r religious or charitable corporations. 

Deposits, etc., Sect. 20. Deposits and the income derived therefrom shall 

how invested. . . - , - .. 

1876, 203, § 9. be invested only as follows : — 

First mortgages First, On first mortgages of real estate, situated in this com- 

1876, 203, § 9,' monwealth, to an amount not to exceed sixty per cent of the 
valuation of such real estate : but not exceeding seventy per 
cent of the whole amount of deposits shall be so invested ; and 
no loan on mortgage shall be made except upon the report of 
not less than two members of the board of investment, who 
shall certif} 7 to the value of the premises to be mortgaged, 
according to their best judgment, and such report shall be filed 
and preserved with the records of the corporation. 

Public funds. Second, In the public funds of the United States, of an} T of 

1872 203 § 9 

el. 3! the New England states, or of the state of New York, in the 

i88i', 214', § 2. bonds or notes of any cit} T , county, or town of this common- 
wealth, or of any city of the states of Maine, New Hampshire, 
Vermont, Rhode Island, or Connecticut, whose net indebtedness 
does not exceed five per cent of the last preceding valuation of 
the propert}^ therein, for the assessment of taxes ; or of an} 7 
county or town thereof whose net indebtedness does not exceed 
three per cent of such valuation ; or in the notes of any citizen 
of this commonwealth, with a pledge of any of the aforesaid 
securities at no more than the par value thereof. 



1882.] PUBLIC DOCUMENT — No. 8. xvii 

Third, In the first mort^ag^e bonds of any railroad compaiiV tiaiiroad bonds. 

, . „ ,, XT _ , _ 1881, 214 t §§ 1> 4. 

incorporated under the authority of any of the New England 
states and whose road is located wholly or in part in the same, 
and which is in possession of and operating its own road, and 
has earned and paid regular dividends for the two years next 
preceding such investment ; or in the first mortgage bonds $ 
guaranteed b} 7 any such railroad company, of any railroad com- 
pany so incorporated whose road is thus located ; or in the 
bonds or notes of any railroad company incorporated under the 
laws of this commonwealth, and whose road is located wholly 
or in part therein, and is unencumbered by mortgage, and which 
has paid a dividend of not less than five per cent per annum 
for two years next preceding such investment ; or in the notes 
of any citizen of this commonwealth, with, a pledge as collateral 
of any of the aforesaid securities at no more than eighty per 
cent of the par value thereof; but street railway companies 
shall not be considered railroad companies within the meaning 
of this section. 

Fourth, In the stock of any bank incorporated under the Bank stocks, 
authority of this commonwealth, or the stock of an}* banking TnbanksTetc. 
association located in the New England states, and incorporated c i. 4'. 
under the authority of the United States, or on the notes of any ' 1 ' 
citizen of this commonwealth, with a pledge as collateral of any 
of the aforesaid securities at no more than eighty per cent of 
the market value and not exceeding the par value thereof: 
provided, that such corporation shall not hold, both by way of 
investment and as security for loans, more than one-quarter of 
the capital stock of any one bank or banking association, nor 
invest more than ten per cent of its deposits, nor more than one 
hundred thousand dollars, in the capital stock of any one such 
bank or association. Savings banks may deposit sums not to 
exceed twenty per cent of the amount of their deposits, on call, 
in such banks or banking associations, or in any trust company 
incorporated under the laws of this commonwealth which pro- 
vides the same security as banking associations incorporated 
under the authority of the United States, and may receive in- 
terest for the same. 

Fifth, In loans upon the personal notes of the depositors of Loans to 
the corporation, but not exceeding one-half of the amount of i879° 8 57?§ 8 i.- 
his deposit to a depositor ; and in each such case the deposit 
and the book of the depositor shall be held by the corporation 
as collateral security for the payment of such loan. 

Sixth, If such deposits and income cannot be conveniently personal 
invested in the modes hereinbefore prescribed, not exceeding 5»*rS, 203? § 9, 

cl. 5 f 



XV111 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Corporation 

building and 

site. 

1876, 203, § 9, 

cl. 6. 



Real estate 
acquired by 
foreclosure, etc. 
1876, 203, § 26. 
See c. 13> § 20. 



Pledges of 
securities as 
collateral to 
remain valid. 
1876, 203, § 30. 
1878, 94, § 1. 



No officer, etc., 
to borrow the 
funds of the 
corporation, or 
become surety. 
1876, 203, § 10. 



Savings banks, 
etc., not to re- 
ceive brokerage, 
etc., on acount 
of a loan. 
Penalties. 
1876, 203, § H. 



one-third part thereof ma} 7 be invested in bonds or other per- 
sonal securities, payable at a time not exceeding one year, with 
at least two sureties, if the principal and sureties are all citizens 
of this commonwealth and resident therein. 

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

Eighth, An}- such corporation may hold real estate acquired 
by the foreclosure of any mortgage owned by it, or by purchase 
at sales made under the provisions of any such mortgage, or 
upon judgments for debts due it, or in settlements effected to 
secure such debts ; but all such real estate shall be sold by it 
within five years after the title thereto is vested in the corpora- 
tion. 

Ninth, The provisions of this chapter shall not be construed 
to invalidate or in any manner impair the title of any corpora- 
tion to any securities which have been or may be held by it in 
pledge or as security for a loan or indebtedness ; and the same 
shall be held for the purposes for which they were pledged ; 
and nothing herein contained shall require any such corporation 
to change any of its investments made before the first day of 
October in the year eighteen hundred and seventy-six. 

Sect. 21. No member of a committee or board of invest- 
ment, or officer of such corporation charged with the duty of 
investing its funds, shall borrow or use any portion thereof, 
be surety for loans to others, or in any manner, direct!}' or 
indirectly, be an obligor for money borrowed of the corporation ; 
and if such member or officer becomes the owner of real estate 
upon which a mortgage is held by the corporation, his office 
shall become vacant at the expiration of sixty days thereafter, 
unless he has ceased to be the owner thereof, or has caused said 
mortgage to be discharged. Only one of the persons holding 
the offices of president, clerk, and treasurer shall at the same 
time be a member of the investing committee. 

Sect. 22. No such corporation, nor any person acting in 
its behalf, shall negotiate, take, or receive a fee, brokerage, 
commission, gift, or other consideration for or on account of a 
loan made by or on behalf of such corporation, other than 
appears on the face of the note or contract by which such loan 
purports to be made ; but nothing herein contained shall apply 
to any reasonable charge for services in the examination of titles 
and preparation of conveyances to such corporation as security 



1882.] PUBLIC DOCUMENT — No. 8. xix 

for its loans. Whoever violates a provision of this section 
shall be punished by fine of not less than one hundred nor more 
than one thousand dollars. All sums paid for services, fees, or 
otherwise to a member of the board of trustees shall be reported 
in detail at each regular meeting- of the trustees. 

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

. iiii! f° r l° ans to be 

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

DIVIDENDS AND PAYMENTS. 

Sect. 24. Every such corporation shall, at the time of Guaranty fund 
making each semi-annual dividend, reserve as a guaranty fund, and maintained. 
from the net profits which have accumulated during the six ' 
months then next preceding, not less than one-eighth nor more 
than one-fourth of one per cent of the whole amount of deposits, 
until such fund amounts to five per cent of the whole amount 
of deposits, which fund shall be thereafter maintained and held 
to meet losses in its business from depreciation of its securities, 
or otherwise. 

Sect. 25. The income or profit of every such corporation, Net profit to be 
after a deduction of all reasonable expenses incurred in the depositor™°and 
management thereof and the guaranty fund, shall be divided 1876, 203?§ i5f r " 
among its depositors or their legal representatives at times fixed 
by its b} r -laws in the following manner : Ordinary dividends 
shall be made every six months, and shall not exceed two and 
one-half per cent on all sums which have been on deposit for 
six months preceding, or one and one-fourth per cent on all 
sums which have been on deposit for three months preceding ; 
and no ordinary dividend shall be declared or paid except as 
above provided, nor upon a deposit of less than three months' 
standing ; and any such corporation may, by its by-laws, pro- 
vide that no dividends shall be declared or paid on a less sum 
than three dollars, or on the fractional part of a dollar. 

Sect. 26- If, at the time provided by the by-laws for mak- Dividend not 
ing ordinary dividends, the net profits for the six months pre- net p?ofits U are S8 
ceding, over and above the sum to be added to the guaranty half per cent, 
fund, do not amount to one and one-half per cent of the depos- is^mm 15. 
its, no dividend of the profits shall be declared or paid, except 1880 ' 150 * 
such as shall be approved in writing by the commissioners. 

Sect. 27. Once in every term of three years, if the net Extra dividends 
profits accumulated over and above said guaranty fund and divi- SS in every 
dends amount to one per cent of the deposits which have whin/etc?' 

1876, 203, § 16. 



XX 



BANK COMMISSIONERS' REPORT. 



[Jan. 



TSo dividend tp 
be declared or 
paid, until, etc. 
1876, 203, § 17, 



Deposits, how 
"withdrawn. 
Payments to 
minors. 
1876, 203, § 18. 
127 Mass. 183. 



Depositor may 
set off the 
amount of his 
deposit in pro- 
ceedings by the 
corporation. 
1878, 261, § 1. 



When deposits 
are claimed by 
a person other 
than plaintiff, 
claimants may 
be made de- 
fendants, etc. 
Deposits may 
remain or be 
paid into court, 

€*tC 

1876, 203, § 19. 

1877, 179. 



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 }'ear at least then next 
preceding, in proportion to the amount of dividends which have 
been declared on their deposits during the three years then next 
preceding. 

Sect. 28. No dividend shall be declared until the trustees 
cause an examination to be made, and find that the amount 
thereof has actually accrued ; and no dividend or interest shall 
be paid unless authorized b}* a vote of the trustees after such 
examination. 

Sect. 29. The principal deposits in such corporations may 
be withdrawn at such time and in such manner as the by-laws 
direct, but the deposits so withdrawn shall be deducted in each 
case from the amounts last deposited. Mone}' deposited in the 
name of a minor may, at the discretion of the trustees or com- 
mittee of investment, be paid to such minor or to the person 
rnaking such deposit ; and the same shall be a valid payment. 

Sect. 30. A person indebted to any such corporation, 
whether his indebtedness is secured or not, may, in an}' proceed- 
ing for the collection thereof or for the enforcement of any 
security therefor, set off the amount of a deposit held and 
owned by him at the time of the commencement of such pro- 
ceeding, and of the interest due thereon, except a deposit 
purchased or acquired from another after the commencement of 
proceedings in equity to restrain the corporation from doing its 
usual business. 

Sect. 31. In actions against any such corporation for money 
on deposit therewith, if it appears that the same fund is claimed 
b} r another party than the plaintiff, whether by the husband or 
wife of such plaintiff 1 , or otherwise , the court in which such action 
is pending, on the petition of the corporation and on such notice 
as the court considers proper to the plaintiff and to such claim- 
ants, may order the proceedings to be amended by making such 
claimants parties defendant thereto ; and thereupon the rights 
and interests of the several parties in and to said funds shall be 
heard and determined. Such deposits ma}' remain with the cor- 
poration until final judgment, and shall be paid in accordance 
with the order of the court, or may be paid into court to await 
final judgment ; and, when so paid into court, the corporation 
shall be stricken out as a party to the action, and its liability 
for such deposit shall cease. The taxable costs of the corpora- 
tion in such actions shall be in the discretion of the court, and 
may be charged upon the fund. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



xxi 



Sect. 32. When a deposit is made in such corporation by 
an} T one in trust for another, the name and residence of the per- 
son for whom it is made shall be disclosed, and it shall be cred- 
ited to the depositor as trustee for such person ; and if no other 
notice of the existence and terms of, a trust has been given in 
writing to the corporation, in the event of the death of the 
trustee, the deposit, with the interest thereon may be paid to the 
person for whom such deposit was made, or to his legal repre- 
sentative. 

Sect. 33. The treasurer of every such corporation, upon 
making up each semi-annual dividend, shall send written notice 
by mail to each depositor who for six months then next preced- 
ing has not been entitled to a dividend on the whole amount 
standing to his credit, because the same exceeds the amount on 
which interest is allowed, specifying the amount not entitled to 
dividend. 

Sect. 34. Ever}' such corporation shall once in five years 
publish, in some newspaper of the county where it is estab- 
lished, a list of the amounts standing to the credit of depositors 
who have not been entitled to dividends on the whole amounts 
standing to their credit for two years then next preceding, be- 
cause the same exceed the amount on which interest is allowed, 
with the names and last known residences of the persons to 
whose credit such amounts stand ; which publication shall be 
continued in three successive papers. 



When a deposit 
is made in trust, 
name, etc., of 
person for 
whom made, to 
be disclosed; 
to whom paya- 
ble in case of 
death. 
1876, 203, § 20. 



Depositor to be 
notified when 
amount entitled 
to dividend is 
exceeded. 
1876, 203, § 21. 



List of amounts 
due depositors 
not entitled to 
dividend to be 
published once 
in five years. 
1876, 203, § 22. 



SPECIAL TRUST FUNDS. 

Sect. 35. Any such corporation may receive on deposit to 
any amount funds in trust for the purpose of setting out shade- 
trees in streets and parks, and improving the same ; for pur- 
chasing land for parks, and improving the same ; for maintaining 
cemeteries or cemetery lots ; and for erecting and maintaining 
drinking fountains in public places, or for any or all of said 
purposes. Such funds shall be placed on interest in such cor- 
poration, and the interest and dividends arising therefrom shall 
be paid semi-annually to such city, town, or cemetery authori- 
ties as may be designated by the donors of said funds or the 
will of the person bequeathing the same, and shall be expended 
by such authorities within their respective cities, towns, or 
cemeteries for any or all of said purposes, as may be specified 
by such donors or such will. No part of the principal of such 
funds shall be withdrawn or expended, and the same shall be 
exempt from attachment or lev}' on execution. 



Funds in trust 
for parks, 
shade-trees, 
cemeteries, ami 
drinking foun- 
tains. Principal 
not to be with- 
drawn, and to 
be exempt from 
attachment. 
1875, 174, § 1. 



XX11 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Probate court 
may authorize 
executors, etc., 
to deposit funds 
in trust for such 
purposes. 
1877, 162. 



Statement of 
the amount 
thereof to be 
made every 
third year, etc. 
1875, 174, § 2. 



If the corpora- 
tion ceases to 
do business, 
these funds to 
he deposited in 
another. 
1875, 174, § 3. 



Sect. 36. A judge of the probate court, after clue notice 
and a hearing, if in his judgment it is expedient so to do, may 
authorize an executor, administrator, or trustee holding money 
•or other personal propert}' for any of the purposes mentioned 
in the preceding section, to deposit such moneys or the avails 
arising from such personal property in an}' such corporation 
designated by the judge, to be held b\- 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 
responsibilit}' therefor. 

Sect. 37. The funds held in accordance with the two pre- 
ceding sections shall be known as the " Shade-Tree and Ceme- 
tery Fund," and the treasurer of the corporation in which they 
are deposited shall give a certificate of gift to each donor of 
such funds, and shall send by mail or deliver in the month 
of January in everj' third year after the first deposit, to the 
mayor of any city or the chairman of the selectmen of any 
town within the limits of which the interests and dividends of 
an}' such fund are to be expended, a written statement, signed 
by such treasurer, of the amount of funds on deposit for the 
purposes aforesaid, which statement shall be recorded in the 
office of the clerk of such cit}' or town. 

Sect. 38. If 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 
ma}' order said funds to be transferred and deposited in such 
banking institution as it may deem proper, to be held upon the 
trusts aforesaid. 



Board may pre- 
scribe manner 
of keeping and 
auditing books, 
etc. 
1880, 228, § 1. 

Treasurer to 
make annual 
report, to board. 
Particulars to 
be stated in 
same. 

1876, 203, § 23. 

1877, 159. 



BOOKS AND RETURNS. 

Sect. 39. The commissioners ma}- prescribe the manner and 
form of keeping and auditing the books and accounts of an}' 
such corporation. 

Sect. 40. The treasurer of every such corporation shall 
annualry within fifteen days after the last business day of 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 : namely, 



1882.] PUBLIC DOCUMENT — No. 8. xxiii 

Name of corporation, and number of corporators ; place where 
located ; amount of deposits ; amount of each item of other lia- 
bility ; public funds, including all United States, state, county, 
city, and town bonds, stating each particular kind, the par 
value, estimated market value, and amount invested in each ; 
loans on public funds, stating amount on each ; bank stock, stat- 
ing 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 of each semi-annual 
dividend for the previous. year ; the times for dividends fixed by 
the by-laws ; the average annual per cent of dividends for the 
term ending at the time of and including the last extra divi- 
dend ; the rates of interest received on loans ; the total amount 
of loans bearing each specified rate of interest ; the number of 
outstanding loans which are of an amount not exceeding three 
thousand dollars each, and the aggregate amount of the same ; 
the number of open accounts ; also the number and amount of 
deposits received ; the number of deposits received of three 
hundred dollars or more at one time ; the number and amount 
of withdrawals ; the number of accounts opened, and the num- 
ber of accounts closed, severally, for the previous year; and 
the annual expenses of the corporation ; all of which shall be 
certified and sworn to by the treasurer. And five or more of 
the trustees shall certify and make oath that the report is cor- 
rect according to their best knowledge and belief. 

Sect. 41. Such annual reports shall also, when so required Additional 

, .. , , ,i , -, , „ statements may 

by the commissioners, state the number and amount of open be required by 
accounts of fifty dollars and less, of those exceeding fifty dol- isso, 228, § 2. 
lars and not more than one hundred dollars, of those exceeding 
one hundred dollars and not more than two hundred dollars, of 
those exceeding two hundred dollars and not more than five 
hundred dollars, of those of one thousand dollars or more ; and 
of those to the credit of women, both adult and minor, guar- 
dians, religious and charitable associations, and in trust, respec- 
tively. 

Sect. 42. The commissioners shall furnish blank forms of Biankformsof 

reports to be 

reports to every such corporation, and shall prepare annually furnished. 



XXIV 



BANK COMMISSIONERS' REPORT. [elan. '82. 



Commissioners 
to report to the 
general court. 
1866, 192, § 6. 
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 un- 
claimed mon- 
eys, etc., with 
treasurer. 
1881, 70. 



from such reports, and communicate to the general court on or 
before the first Wednesday in January, a statement of the con- 
dition of each corporation from which a report has been received 
for the preceding year, and shall include therein a statement of 
the affairs of such corporations in the hands of receivers, and 
shall make such suggestions as the} T maj- deem expedient rela- 
tive to the general conduct and condition of each of the corpo- 
rations visited by them. 

Sect. 43. The treasurer of eveiy such corporation shall, 
upon a written request signed b}~ an overseer of the poor of a 
city or town, inform him of the amount, if an}', deposited in the 
corporation to the credit of an}* person named in such request, 
who is a charge upon the commonwealth or upon a city or town 
therein as a pauper ; and a treasurer who unreasonably refuses 
to give such information, or wilfully renders false information, 
shall forfeit fifty dollars for every such offence, to the use of the 
city or town upon which such pauper is a charge, or to the com- 
monwealth if the pauper is a charge upon the commonwealth. 

Sect. 44. Receivers of any savings bank or institution for 
savings having unclaimed monevs or dividends remaining; in 
their hands for one year after final settlement ordered b}' the 
court shall deposit the same, with a schedule of the names and 
residences so far as known of the parties entitled thereto, with 
the treasurer of the commonwealth, who shall receive and hold 
the same in trust, and pay over the same to such parties or their 
representatives, upon proper demand made therefor, and upon 
evidence satisfactoiy to him of the identity of the claimant and 
the justice of the claim. 



ABSTKACT OF ANNUAL REPOETS 



or THE 



SAVINGS BANKS, TRUST COMPANIES, AND CO- 
OPERATIVE SAVING-FUND AND LOAN 

ASSOCIATIONS, 



SHOWING THEIR 



CONDITION AT THE CLOSE OF BUSINESS ON THE 

31st OF OCTOBER, 1881. 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ABINGTON SAVINGS BANK — ABINGTON. 
Incorporated 1853. Number of corporators, 53. 
N. Whitmarsh, President. Treasurer, Judson N. Farrar. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$982,723 36 


Public funds 


$98,062 50 


Earnings undivided , 


20,166 98 


Bank stock .... 


149,282 87 


Guaranty fund . 


11,250 00 


Loans on bank stock . 


4,100 00 






Railroad bonds . 


45,661 08 






Real estate by foreclosure . 


2,549 91 






Loans on real estate . 


609,419 11 






Loans on personal security, 


56,506 89 






Loans to counties, cities, or 








towns .... 


12,200 00 






Deposit in bank on interest, 


35,512 80 






Expense account 


23 OS 






Suspense account 


353 47 






Individual tax 


21 45 






Cash on hand 


447 18 




$1,014,1*0 34 


61,014,140 34 



Loans on Bank Stock : — 
On 61 shares Abington National Bank 

Cash on Deposit in Bank : — 
Abington 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 . 

Whole amount of interest or profits received or earned 

Kate and amount of each semi-annual dividend for / 2} per cent 

previous year > 2£ per cent 

Times for the dividends fixed by the b} 7 -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: 74. per cent. 
The total amount of loans, with each specified rate of interest: 

$139,700, 5 per cent; $5,000, 5£ per cent; $573,426, 6 per cent. 
Number of outstanding loans which are of an amount not 



$4,100 00 



$35,512 80 

$2,549 91 

2,350 00 

198 00 

36 00 

$57,392 18 
19.900 81 
20,917 6S 



exceeding $3,000 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals ..... 
Number of accounts opened the previous year . . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 19. 



439 



1 


396,001 00 


2,666 




1,487 


176,692 88 


160 


89,639 05 


1,140 


123,533 41 


429 




225 




• 


1,625 S7 


• 


15,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bond 


$5,000 


$5,045 00 


$5,000 00 


City and town, bonds: — 








City of Boston .... 


$15,000 


$15,400 00 


$15,000 00 


of Meriden, Conn. . 




20,000 


23,725 00 


21,000 00 


of Fall River . 




25,000 


31,000 00 


27,407 50 


of Portland, Me. 




7,000 


7,854 00 


7,000 00 


of Bangor, Me. 




9,000 


10,200 00 


7,605 00 


of Holyoke 




5,000 


5,900 00 


5,000 00 


of Lynn . 




1,000 


1,000 00 


1,000 00 


Town of Abington . 




9,000 


9,180 00 


9,050 00 






$96,000 


$109,304 00 


$98,062 50 



Bank Stock. 



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 
Eagle Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
First Nat'l Bank, Danvers 
First Nat'l Bank, Adams 
Globe Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Hamilton Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Mount Vernon Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Old Colony Nat'l Bank, Plymouth 
.Republic Nat'l Bank, Boston . 
Redemption Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Third Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Metropolitan Nat'l Bank, Boston 



$13,600 
7,400 
7,500 
1,200 
2,500 
5,900 
1,900 
1,500 
2,850 
4,000 
5,000 

15,000 
5,000 
6,800 
3,800 

10,000 

2,200 

200 

4,500 

11,000 
5,000 
1,000 
3,200 
5,800 
2,000 
4,700 
4,000 



$137,550 



$18,360 00 
9,472 00 
8,625 00 
1,440 00 
2,950 00 
7,080 00 
2,281 00 
1,785 00 
3,600 00 
6,750 00 
5,550 00 

19,500 00 
6,150 00 
7,888 00 
4,826 00 

14,600 00 

3,102 00 

280 00 

5,895 00 

14,850 00 
7,550 00 
1,130 00 
4,000 00 
5,916 00 
2,120 00 
5,217 00 
4,800 00 



$175,717 00 



$14,810 00 
7,400 00 
7,500 00 
1,200 00 
2,500 00 
5,900 00 
1,900 00 
1,500 00 
3,452 87 
4,000 00 
5,500 00 

15,000 00 
5,500 00 
6,800 00 
3,800 00 

13,000 00 

2,600 00 

240 00 

4,500 00 

14,280 00 
7,200 00 
1,000 00 
3,200 00 
5,800 00 
2,000 00 
4,700 00 
4,000 00 



$149,282 87 



Railro^ 


.d Bonds. 






Eastern Railroad Company 
Old Colony Railroad Company 


$50,000 
5,000 


$55,000 00 
6,250 00 


$40,261 08 
5,400 00 




$55,000 


$01,250 00 


$45,661 08 



BANK COMMISSIONERS' REPORT. 



[Jan. 



AMHERST SAVINGS BANK — AMHERST. 

Incorporated 1864. Number of corporators, 13. 

Enos F. Cook, President. Treasurer, Samuel C. Carter. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$675,484 84 


Public funds 


$90,606 25 


Earnings undivided . 


19,840 41 


Loans on public funds 


1,5:0 00 


Guaranty fund . 


8,481 32 


Bank stock .... 


101,733 89 






Railroad bonds . 


67,260 42 






Real estate .... 


15,000 00 






Loans on real estate . 


292,779 64 






Loans on personal security, 


63,621 18 






Loans to counties, cities, or 








towns 


36,700 00 






Deposit in bank on interest, 


28,887 11 






Cash on band 


5,128 08 




$703,306 57 


$703,306 57 



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

Cash on Deposit in Bank: — 
First National Bank, Amherst 

Amount invested in real estate (for banking purposes) . 

Estimated value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for 1 2} per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5| per cent. 
The total amount of loans, with each specified rate of interest: 

$28,331, 5 per cent; $7,000, 5i per cent; $298,783, 6 percent; 

$60,486, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 257 

Aggregate amount of the same 

Number of open accounts 2,516 

Number and amount of deposits received for previous year, 1,687 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 114 

Number and amount of withdrawals .... 1,236 

Number of accounts opened the previous year .... 350 
Number of accounts closed the previous year .... 275 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: July 14. 



$1,500 00 



$28,8S7 11 

$15,000 00 

15,000 00 

118 04 

$38,823 50 
13,512 39 
12,307 65 



228,929 00 

151,263 21 

70.811 00 
119,489 17 



1,856 76 

5,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



Public Funds. 





Par Value. 


Estimated . 
Market Value. 


Amount Invested. 


United States 3Js . 

^I"oO • • • • 

City bonds : — < 
City of Bangor, Me., 6s . 
of Rockland, Me., 6s 
of Bath, Me., 6s 
of Fall River 6s . ... 
of Pawtucket, R.I., 5s 


$37,000 
10,000 

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


$37,370 00 
11,300 00 

$22,400 00 

5,000 00 

5,050 00 

10,000 00 

3,600 00 


$37,000 00 
11,296 25 

$20,500 00 
5,025 00 
5,000 00 
8,680 00 
3,195 00 




$88,000 


$94,720 00 


$90,696 25 



Bank Stock. 



Suffolk Natl Bank, Boston 


$1,000 


$1,220 00 


$1,210 00 


First Natl Bank, Easthampton 


9,400 


11,950 00 


10,724 00 


First Natl Bank, Northampton 


12,900 


17,544 00 


17,176 00 


First Natl Bank, Holyoke 


10,000 


12,000 00 


10,800 00 


Hampshire Co. Nl B'k, Northampt'n, 


7,900 


10,270 00 


8,963 00 


Conway Natl Bank, Conway . 


4,400 


5,500 00 


5,012 00 


Northampton N'IB'k, Northampt'n, 


13,300 


22,175 00 


13,504 00 


Crocker Natl Bank, Turner's Falls, 


8,400 


9,660 00 


8,664 39 


Agawam Natl Bank, Springfield 


7,300 


9,198 00 


8,966 00 


Chapin Natl Bank, Springfield 


2,000 


2,520 00 


2,515 00 


City Natl Bank, Worcester . 


4,000 


4,800 00 


5,120 00 


Mechanics' Natl Bank, Worcester . 


1,000 


1,200 00 


1,250 00 


Citizens' Natl Bank, Worcester 


2,500 


3,000 00 


3,062 50 


First Natl Bank, Barre . 


3,000 


3,750 00 


3,660 00 


Hide and Leather Natl B'k, Boston, 


1,000 


1,190 00 


1,107 00 




$88,100 


$115,977 00 


$101,733 89 



Railroad Bonds. 



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



$25,000 

3,500 

2,000 

25,000 

10,000 



$65,500 



$31,250 00 

4,305 00 

2,060 00 

29,500 00 

11,300 00 



$78,415 00 



$25,000 00 
3,500 00 
2,000 00 

' 26,268 75 
10,491 67 



$67,260 42 



6 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ANDOVER SAVINGS BANK — ANDOVER. 

Incorporated April 2, 1834. Number of corporators, 55. 

Moses Foster, President. Treasurer, John F. Kimball. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,330,424 95 


Public funds 


$408,250 00 


Earnings undivided . 


42,050 20 


Bank stock .... 


100,700 00 


Guaranty fuud . 


20,000 00 


Loans on bank stock . 
Loan on savings bank 


500 00 






book 


100 00 






Railroad bonds 


174,000 00 






Real estate bv foreclosure . 


40,200 35 






Loans on real estate . 


400,089 28 






Loans on personal security, 


132,035 32 






Loans to counties, cities, or 








towns 


10.000 00 






Deposit in banks on interest, 


9,219 07 






Cash on band 


2,084 59 




$1,404,475 21 


$1,401,475 21 



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

Cash on Deposit in Banks, amount in each : — 

Andover National Bank, Andover 

Blacks tone National Bank, Boston 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate .... 

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year > 2 per cent 

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: 

$25,000, 4 per cent; $25,000, 4| per cent; $84,500, 5 per cent; 

$236,942.15, 6 per cent; $4,500, 6£ per cent; $163,382.45, 7 per 

cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 188 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 3,447 

Number and amount of deposits received for previous year, 1,910 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 130 

Number and amount of withdrawals .... 1,381 



$500 00 



$4,477 13 
4,742 54 

$40,296 35 

70.119 00 

1,130 00 

1,159 51 

$85,003 60 

25,929 65 
26,314 99 



251,605 00 
8,000 00 

139,655 33 

65,704 00 
195,533 58 



1882.] 



PUBLIC DOCUMENT — No. 8. 



Number of accounts opened the previous year .... 431 
Number of accounts closed the previous year .... 349 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : April 18. 



$2,100 00 
30,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 3-^s and 4s 

City and town bonds: - 
City of Bangor, Me. 

of Belfast, Me. 

of Chelsea 

of Cambridge . 

of Dover, N.H. 

of Fall River . 

of Holyoke 

of Lynn . 

of Lewiston, Me. 

of Lowell 

of Nashua, N.H. 

of Newburyport 

of Norwich, Conn. 

of Portland, Me. 

of Portsmouth, N.H 

of Salem . 

of Somerville . 

of Worcester . 
Town of Melrose 

of Northampton 
of Tolland " . 
of Wakefield 



176,250 



25,000 

17,000 

27,000 

12,000 

25,500 

10,000 

18,000 

30,000 

7,000 

5,000 

5,000 

20,000 

35,000 

22,000 

32,500 

20,000 

10,000 

5,000 

15,000 

33,000 

10,000 

8,000 



$468,250 



$79,500 00 



$25,000 00 

17,000 00 

30,000 00 

13,000 00 

28,500 00 

11,000 00 

21,000 00 

35,000 00 

7,500 00 

5,500 00 

5,500 00 

23,000 00 

40,000 00 

24,000 00 

35,000 00 

21,000 00 

10,000 00 

5,000 00 

17,000 00 

36,000 00 

11,500 00 

8,000 00 



$509,000 00 



$76,250 00 



$25,000 00 

17,000 00 

27,000 00 

12,000 00 

25,500 00 

10,000 00 

18,000 00 

30,000 00 

7,000 00 

5,000 00 

5,000 00 

20,000 00 

35,000 00 

22,000 00 

32,500 00 

20,000 00 

10,000 00 

5,000 00 

15,000 00 

33,000 00 

10,000 00 

8,000 00 



$468,250 00 



Bank Stock. 



Andover Nat'l Bank, Andover 


$31,200 


$37,000 00 


$31,200 00 


Bay State Nat'l Bank, Lawrence 


7,500 


10,000 00 


7,500 00 


Blackstone Nat'l Bank, Boston 


10,800 


12,000 00 


10,800 00 


Continental Nat'l Bank, Boston 


10,000 


11,500 00 


10,000 00 


Commonwealth Nat'l Bank, Boston, 


15,000 


18,000 00 


15,000 00 


Everett Nat'l Bank, Boston 


4,500 


5,000 00 


4,500 00 


Hide and Leather N'l Bank, Boston, 


10,000 


11,500 00 


10,000 00 


Merchants' Nat'l Bank, Boston 


2,500 


3,300 00 


2,500 00 


Republic Nat'l Bank, Boston . 


22,500 


28,000 00 


22,500 00 


Revere Nat'l Bank, Boston 


26,300 


30,000 00 


26,300 00 


Webster Nat'l Bank, Boston . 


15,400 


17,500 00 


15,400 00 


Wachusett Nat'l Bank, Fitchburg . 


5,000 


10,000 00 


5,000 00 




$160,700 


$193,800 00 


$160,700 00 



8 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Railroad Bonds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Boston and Maine Railroad 7s 
Boston and Lowell Railroad 7s 
Old Colony Railroad 7s . 
New Bedford Railroad 7s 
Worcester and Nashua Railroad 5s 
Agricultural Branch Railroad 6s 



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



$174,000 



$60,000 00 


77,800 00 


24,000 00 


12,000 00 


5,000 00 


25,000 00 


$203,800 00 



$50,000 00 
64,000 00 
20,000 00 
10,000 00 
5,000 00 
25,000 00 

$174,000 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



ARLINGTON FIVE CENTS SAVINGS BANK — ARLINGTON. 

Incorporated April 2, 18G0. Number of corporators, 36. 

Albert Winn, President. Treasurer, Abel R. Proctor. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$656,300 10 


Public funds 


$40,792 75 


Earnings undivided . 


12,240 82 


Bank stock .... 


19,866 25 


Guaranty fund . 


12,181 06 


Railroad bonds . 


5,050 00 






Real estate .... 


26,396 59 






Real estate by foreclosure . 


44,719 80 






Loans on real estate . 


391,513 56 






Loans on personal security, 


25,916 19 






Loans to counties, cities, or 








towns 


94,300 00 






Deposit in bank on interest, 


30,122 47 






Expense account . 


373 73 






Tax account .... 


1,424 10 






Insurance account 


152 00 






Cash on band 


94 54 




$680,721 98 


$680,721 98 



Cash on Deposit in Bank : — 
Faneuil Hall National Bank, Boston 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4^ per cent. 
The total amount of loans, with each specified rate of interest: 

$30,122.47, 3 per cent; $46,000, 4 per cent; $13,000, \\ per cent; 

$41,000, 5 percent; $171,550, 6 per cent; $32,000, 6i per cent; 

$207,579.75, 7 per cent; $600, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 243 

Aggregate amount of the same 

Number of open accounts 2,361 

Number and amount of deposits received for previous year, 2,037 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 77 

Number and amount of withdrawals .... 1,090 

Number of accounts opened the previous year . . . . 538 
Number of accounts closed the previous year .... 405 
2 



$30,122 47 

$26,396 59 

26,396 59 

44,719 80 

56,150 00 

4,062 89 

1,424 10 

$35,107 50 
12,187 58 
12,373 06 



229,336 18 

137,924 75 

45,770 57 
93,768 37 



10 



BANK COMMISSIONERS' REPORT. 



[Jan, 



Amount of expenses of corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: May 25. 



$1,432 08 
10,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4s, coupons 

City and town bonds : — 
City of Portland, Me., 6s 
of Lawrence 6s 
of Holyoke 6s , 
Town of Woburn 6s 

of North Adams 6s 


$450 

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


$526 50 

$24,000 00 
7,320 00 
6,500 00 
8,400 00 
5,850 00 


$492 75 

$20,100 00 
5,000 00 
4,167 00 
5,833 00 
5,200 00 




$43,450 


$52,596 50 


$40,792 75 



Bank Stock. 



Redemption Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
North America Nat'l Bank, Boston 
Union National Bank, Boston . 
Continental Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
First Ward Nat'l Bank, Boston 



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



$16,200 



$1,350 00 


4,323 


00 


2,875 


00 


1,840 


50 


5,931 


25 


1.307 


50 


2,552 


00 


$20,179 


25 



$1,353 75 
4,281 50 
2,975 00 
1,644 00 
5,955 75 
1,310 00 
2,346 25 

$19,866 25 



Railroad Bonds. 



Eastern Railroad 




$6,105 00 



$5,050 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



11 



ATHOL SAVINGS BANK — ATHOL. 

Incorporated 1867. Number of corporators, 36. . 
Charles C. Bassett, President. Treasurer, Alpheus Harding. 

Statement. 



Liabilities 




Assets. 


Deposits 


$919,215 34 


Public funds 


$89,000 00 


Earnings undivided . 


11,053 92 


Bank stock .... 


9,800 00 


Guaranty fund . 


13,725 00 


Loans on bank stock . 


14,875 00 






Real estate by foreclosure . 


6,745 43 






Loans on real estate . 


333,231 20 






Loans on personal security, 


240,362 74 






Loans to counties, cities, or 








towns 


79,180 00 






Deposit in banks on interest, 


168,000 00 






Expense account . 


707 50 






Accrued interest . 


1.201 55 






Cash on hand 


890 84 




$913,991 26 


$943,994 26 



Loans on Bank Stock, amount on each: — 
On 23 shares Athol National Bank . 
On 33 shares Miller's River National Bank 
On 100 shares South Reading National Bank 

Cash on Deposit in Banks, amount in each : 
Athol National Bank . 
First National Bank, Leominster 
Central National Bank, Boston . 
Continental National Bank, Boston 
Westminster National Bank 
Franklin County National Bank 
Miller's River National Bank, Athol 
National Bank of the Commonwealth, Boston 

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



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ( 2 per cent 

previous year S 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5{* per cent. 
The total amount of loans, with each specified rate of interest: 

$70,500,4 percent; $30,500, 4j per cent; $50,000, 4£ per cent; 

$104,828.34, 5 per cent; $394,820.60, 6 per cent; $5,000, 7 per 

cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 319 



$2,075 00 


2,800 00 


10,000 00 


$5,000 00 


35,000 00 


25,000 00 


20,000 00 


10,000 00 


10,000 00 


48,000 00 


15,000 00 


$6,745 43 


8,125 00 


603 00 


119 90 


$47,587 75 


16,989 77 


17,107 06 



12 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Aggregate amount of the same $264,351 60 

Number of open accounts 3,352 

Number and amount of deposits received for previous year, 8,000 174,652 32 
Number and amount of deposits of and exceeding §300 at any- 
one time for the previous year 136 62,298 22 

Number and amount of withdrawals .... 1,304 130,209 72 

Number of accounts opened the previous year .... 567 

Number of accounts closed the previous year .... 280 

Amount of expenses of the corporation during previous year . 2,338 42 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner : June 23. 

Public Funds. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, currency- 


.110,000 


$13,000 00 


$10,000 00 


State, city, and town bonds: — 








State of New Hampshire 


$14,000 


$14,700 00 


$14,000 00 


City of Cambridge .... 


15,000 


15,900 00 


15,000 00 


of Charlestown 


10,000 


10,100 00 


10,000 00 


of Lynn 


10,000 


10,700 00 


10,000 00 


of Newton .... 


10,000 


11,000 00 


10,000 00 


of Portland, Me. 


5,000 


5,350 00 


5,000 00 


Town of Meriden, Conn. 


14,000 


14,700 00 


14,000 00 


of Haverhill .... 


1,000 


1,100 00 


1,000 00 




$S9,000 


$96,550 00 


$89,000 00 



Bank Stock. 



Blackstone Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Miller's River Nat'l Bank, Athol 



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

$9,800 



&1,265 00 
1,120 00 
5,900 00 
4,320 00 

.2,605 00 



$1,100 00 
1,000 00 
5,000 00 
2,700 00 

$9,800 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



13 



ATTLEBOROUGH SAVINGS BANK -NORTH ATTLEBOROUGH. 

Incorporated 1860. Number of corporators, 68. 
Abiel Codding, President. Treasurer, Edward R. Price. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$424,170 03 

10,444 34 

7,200 00 


Public funds 

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

; towns 

Deposit in banks on interest, 
Expense account . 
Cash on band 


$25,000 00 

5,079 00 

230,672 00 

82,871 25 

33,000 00 

61,244 02 

98 46 

3,849 64 




$441,814 37 


$441,814 37 



Cash on Deposit in Banks, amount in each : — 

Maverick National Bank, Boston $61,244 02 

Attleborough National Bank, North Attleborough .... 3,849 64 

Whole amount of interest or profits received or earned . . . $22,168 46 
Rate and amount of each semi-annual dividend for ) 2\ per cent . r 8,362 20 

previous year ) 24- per cent . ( 9,196 88 

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 : 

$25,000, 3i per cent; $5,000, 4 per cent; $35,500, 5 per cent; 

$162,221.25, 6 per cent; $143,572, 7 per cent; $250, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 194 

Aggregate amount of the same 192,722 25 

Number of open accounts 1,448 

Number and amount of deposits received for previous year, 1,485 164,656 25 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 133 79,785 41 

Number and amount of withdrawals 418 83,346 13 

Number of accounts opened the previous year . . . 328 

Number of accounts closed the previous year .... 113 
Amount of expenses of the corporation during previous year . 1,475 20 

Amount of treasurer's bond 20,000 00 

Date of examination by commissioner : May 4. 

Public Funds. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


United States Gs, regist'd extended . 


$25,000 


$25,375 00 


$25,000 00 


Bank Stock. 


First Nat'l Bank, Attleborough 


$5,100 


$5,100 00 


$5,079 00 



14 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BARRE SAYINGS BANK — BARRE. 

Incorporated May, 1869. Number of corporators, 51. 
Charles Brimblecom, President. Treasurer, Hardlng Woods. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$228,550 45 
13,669 44 j 
3,150 00 


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


$126,893 54 

6,060 00 

4,000 00 

67,081 98 

33,995 79 

7,100 07 

238 51 




$245,369 89 


£245,369 89 



Cash on Deposit in Bank : 
First National Bank, Barre 



$7,100 07 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for / 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 15 and July 15. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5^ per cent. 
The total amount of loans, with each specified rate of interest: 

$29,000, per cent; $5,000, 6£ per cent; $45,398.67, 7 per cent; 

$1,3G0.79, 74, per cent; $20,318.31. 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: July G. 



:i 



84.000 00 

3,300 00 

356 36 

52 12 

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



• • 


37,759 46 


* • 


16.818 31 


. 841 




. 355 


31.456 13 


y 

. 26 


11.591 42 


. 301 


26,233 68 


. 136 




. S2 




• 


745 78 


• • 


15,000 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



15 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boston ISTat'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 N. America, Boston 
Nat'l Bank of Redemption, Boston 
Exchange Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Revere Nat'l Bank, Boston 
Webster Nat'l 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 . 
Market Nat'l 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 . 



Less interest earned at date of 
purchase . 



$1,200 
4,200 
6,400 
2,000 
1,700 
2,500 
7,000 
2,800 
3,200 
2,500 
4,600 
1,800 
2,500 

900 
3,300 
3,500 
3,400 
2,000 
3,000 
6,100 
5,000 

700 
5,500 
2,100 
5,000 
2,000 
7,400 



$92,300 



12,300 



$1,500 00 


4,830 


00 


8,192 


00 


2,560 


00 


2,015 


62 


3,006 


25 


14,542 


50 


3,640 


00 


4,024 


00 


■ 2,875 


00 


6,215 


75 


2,592 


00 


2,912 


50 


1,098 


00 


3,679 


50 


4,270 00 


5,151 


00 


2,250 


00 


3,656 


25 


7,442 


00 


6,625 


00 


840 


00 


7,700 00 


2,415 


00 


5.650 


00 


3*200 


00 


9,176 


00 


$122,058 


37 


$122,058 37 



$1,469 00 

5,722 59 

7,975 

2,785 

2,018 

2,991 
12,615 

3,500 

5,316 

2,718 

6,263 

2,977 

2,912 

1,185 

3,462 

5,407 

5,032 

2,800 

3,753 

7,837 

7,660 
901 

8,050 

2,961 

6,830 

2,700 



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



10,042 00 

$127,888 18 

994 64 



$126,893 54 



Railroad Bonds. 



Eastern Railroad 4-^s 
Rutland Railroad 5s 


$5,000 
1,000" 


$5,500 00 
890 00 


$5,200 00 
860 00 




$6,000 


$6,390 00 


$6,060 00 



16 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BASS RIVER SAVINGS BANK — SOUTH YARMOUTH. 

Incorporated April 20, 1874. Number of corporators, 31. 
David Kelley, President. Treasurer, David D. Kelley. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$222,255 49 


Public funds 


$36,746 44 


Earnings undivided . 


4,879 90 


Loans on public funds 


4,680 00 


Guaranty fund . 


1,585 82 


Bank stock .... 


95,188 38 






Loans on bank stock . 


275 00 






Railroad bonds 


10,000 00 






Real estate by foreclosure 


728 04 






Loans on real estate . 


24,832 68 






Loans on personal security 


41,350 78 






Deposit in bank on interest 


1,510 99 






Loans on mill stock* . 


2,500 00 






Sagamore Manufacturing 


1 






Company* 


5,754 81 






Border City Manufacturing 


1 






Company* 


4,559 54 






Cash on baud 


594 55 




$228,721 21 


$228,721 21 



, 7 

Loans on Public Funds : — 
On $5,250 United States bonds, with principal and two sureties . $4,680 00 

Loans on Bank Stock : — 
On 3 shares First National Bank, Yarmouth $275 00 

Cash on Deposit in Bank : — 
In Maverick National Bank, Boston $1,510 99 

Amount of real estate held by foreclosure $728 04 

Assessed value of the same 670 00 

Amount of municipal tax on real estate 11 82 

Whole amount or interest or profits received or earned . . . $11,676 28 
Rate and amount of each semi-annual dividend for } 2 per cent . ( 3,473 83 

previous year ) 2 per cent . ( 3,899 68 

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: 

$11,035, 5 per cent; $19,6S0, 5£ per cent; $20,360.46, 6 per cent; 

$800, 6| per cent; $21,763, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 105 

Aggregate amount of the same 48,95S 46 

Amount of investments from which no income is received . . 72S 04 

Number of open accounts 976 

Number and amount of deposits received for previous year . 496 81,121 36 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year GS 35,633 13 

Number and amount of withdrawals . 346 38,242 71 

* Taken to secure indebtedness. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



IT 



Number of accounts opened the previous year .... 209 
Number of accounts closed the previous year .... 146 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond . 

Date of examination by commissioner : June 18. 



$662 07 
10,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 3-|s, registered 

City and town bonds : — 
City of Boston 4s 

of Providence, R.I., 5s 
Town of Beverly 4s 



$10,000 



$10,000 

10,000 

5,000 



$35,000 



$10,100 00 



$10,450 00 

11,875 00 

5,137 50 



$37,562 50 



$10,000 00 



$10,000 00 

11,746 44 

5,000 00 



$36,746 44 



Bank Stock. 



Nat'l Bank of the Republic, Boston, 


$8,200 


$10,742 00 


$9,731 88 


Faneuil Hall Nat'l Bank, Boston 


5,500 


7,397 50 


6,877 75 


Eagle Nat'l Bank, Boston 


2,100 


2,514 75 


2,297 50 


Old Boston Nat'l Bank, Boston 


700 


854 00 


770 00 


Everett Nat'l Bank, Boston 


6,300 


7,378 87 


6,803 25 


Atlas Nat'l Bank, Boston 


3,000 


3,750 00 


3,660 00 


Nat'l Bank of Redemption, Boston. 


5,000 


6,756 25 


6,500 00 


Boston Nat'l Bank, Boston 


3,000 


3,840 00 


3,270 00 


Merchants' Nat'l Bank, Boston 


5,600 


9,176 00 


7,840 00 


Exchange Nat'l Bank, Boston . 


5,000 


7,200 00 


6,750 00 


Second Nat'l Bank, Boston 


4,900 


7,405 12 


7,105 00 


Suffolk Nat'l Bank, Boston 


1,000 


1,218 75 


1,000 00 


Manufacturers' Nat'l Bank, Boston, 


10,500 


11,576 25 


11,182 50 


Blackstone Nat'l Bank, Boston 


800 


920 00 


800 00 


Tremont Nat'l Bank, Boston . 


7,300 


9,271 00 


8,448 50 


State Nat'l Bank, Boston 


1,500 


1,882 50 


1,770 00 


Shawmut Nat'l Bank, Boston . 


2,500 


3,081 25 


2,750 00 


Market Nat'l Bank, Boston 


1,300 


1,439 75 


1,357 00 


First Nat'l Bank, New Bedford 


2,400 


3,240 00 


2,400 00 


Citizens' Nat'l Bank, New Bedford, 


2,000 


2,300 00 


2,000 00 


First Nat'l Bank, Yarmouth . 


1,500 


1,950 00 


1,875 00 




$80,100 


$103,893 99 


$95,188 38 



Railroad Bonds. 



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



$4,000 
3,000 
3,000 



$10,000 



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



$12,050 00 



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



$10,000 00 



18 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BENJAMIN FRANKLIN SAVINGS BANK — FRANKLIN. 

Incorporated Feb. 23, 1871. Number of corporators, 40. 
Davis Thayer, Jun., President. Treasurer, C. W. Stewart. 

Statement. 



Liabilities 


. 


Assets. 


Deposits 


$256,724 01 


i 
Public funds 


$21,223 50 


Earnings undivided . 


3,521 81 


Bank stock .... 


51,640 12 


Guaranty fund . 


3,070 78 


Real estate by foreclosure . 


20,774 24 






Loans on real estate . 


125,751 00 






Loans on personal security, 


31,436 22 






Loans to counties, cities, or 








towns 


10,000 00 






Deposit in banks on interest, 


107 65 






Expense account . 


592 01 






Furniture account . 


562 31 






Suspense account 


402 m 






Cash on hand 


826 89 




$263,316 60 


S'263,:il6 60 



Cash on Deposit in Banks, amount in each: — 

Franklin National Bank, Franklin 

Maverick National Bank, Boston 

International Trust Company, Boston * 

Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ( 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws : the 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 per cent. 
The total amount of loans, with each specified rate of interest: 

$10,400, 4 per cent; $12,800, 5 per cent; $08,742.22, 6 per cent; 

$74,070, 7 per cent ; $575, 8 per cent. 
Number of outstanding loans which are of an amount not 



$17 91 


4 94 


84 80 


. $20,774 24 


22.270 00 


837 44 


410 11 


. $12,894 46 


. ( 4.619 97 
. i 4,750 32 



exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals 



141 



• 


117.787 22 


• 


2.600 00 


208 




722 


56.371 13 


30 


16.167 88 


604 


47.791 02 



* The Attorney-General has given an opinion that deposits by savings hanks in tbis trust 
company are legal. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



19 



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

Amount of treasurer's bond 

Date of examination by commissioner: Aug. 24. 



168 
140 



&1,225 83 
5,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4-^s, registered . 

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



116,000 



12,000 
3,000 



$21,000 



117,920 00 



$2,000 00 
3,240 00 



$23,160 00 



$16,312 50 



£1,815 00 
3,096 00 



$21,223 50 



Bank Stock. 



Wrentham Nat'l Bank, Wrentham . 


$630 


$720 00 


$990 00 


Franklin Nat'l Bank, Franklin 


12,000 


14,835 00 


15,255 00 


Tremont Nat'l Bank, Boston . 


3,100 


3,906 00 


3,902 37 


Hide and Leather Nat'l B'k, Boston, 


900 


1,080 00 


1,032 75 


Howard Nat'l Bank, Boston . 


2,500 


3,275 00 


2,902 50 


Washington Nat'l Bank, Boston 


2,300 


3,220 00 


3,266 00 


Eliot Nat'l Bank, Boston 


7,000 


8,470 00 


8,887 50 


Market Nat'l Bank, Boston 


1,000 


1,130 00 


1,100 00 


Revere Nat'l Bank, Boston 


1,600 


2,016 00 


. 1,776 00 


Commerce Nat'l Bank, Boston 


2,700 


3,510 00 


3,456 00 


Shoe and Leather Nat'l B'k, Boston, 


800 


928 00 


1,137 00 


Columbian Nat'l Bank, Boston 


1,400 


2,044 00 


1,845 00 


North America Nat'l Bank, Boston, 


1,500 


1,800 00 


1,680 00 


Hamilton Nat'l Bank, Boston . 


3,000 


3,720 00 


3,790 00 


Continental Nat'l Bank, Boston 


500 


610 00 


620 00 




$41,830 


$51,264 00 


$51,640 12 



20 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BERKSHIRE COUNTY SAVINGS BANK — PITTSFIELD. 

Incorporated 1847. Number of corporators, 46. 
Hon. Julius Rockwell, President. Treasurer, Robert W. Adam. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$3,768,936 02 


Public funds 


^590,500 00 


Earnings undivided . 


18,745 52 


Bank stock .... 


94,120 00 


Guaranty fund . 


22,500 00 


Loans on bank stock . 


21,900 00 






Railroad bonds . 


10.000 00 






Real estate by foreclosure . 


90,983 40 






Loans on real estate . 


691,873 30 






Loans on personal security, 


190,195 66 






Loans to counties, cities, or 








towns 


45,000 00 






Deposit in banks on interest, 


27,859 89 






Expense account . 


4,657 00 






Premium account 


26,571 50 






Cash on hand, and in banks 








not on interest . 


16,521 69 




■SI, 810, 182 44 


$1,810,182 44 



Loans on Bank Stock, amount on each: — 
On 160 shares Pittsfiekl National Bank 
On 19 shares Agricultural National Bank 
On 5 shares Third National Bank, Pittsfield . 

Cash on Deposit in Banks, amount in each : — 
Revere National Bank, Boston . 
National Bank of the Commonwealth, Boston 
North Adams Savings Bank* 
South Adams Savings Bank* 
Agricultural National Bank, Pittsfield 
Pittsfield National Bank, Pittsfield . 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for I 2 per cent 

previous year ) 2 per cent 

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 : 61 per cent. 
The total amount of loans, with each specified rate of interest: 

$6,000, 4 per cent; $20,000, 41 per cent; $2,000, 51 per com : 

$830,968.30, 6 per cent; $85,000, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 200 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 6,182 

Number and amount of deposits received for previous year, 5,159 

* Deposits taken for foreclosed real estate sold. 



$19,000 00 

2,500 00 

400 00 

$24,845 01 
14 88 
1,000 00 
2,000 00 
5,418 91 
8,759 32 

$90,983 40 

56,050 00 

2,891 00 

590 22 

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



261,851 00 
5,900 00 

359, 7S0 29 



1882.] 



PUBLIC DOCUMENT — No. 8. 



21 



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

Number and amount of withdrawals .... 3,407 

Number of accounts opened the previous year. . . 1,197 

Number of accounts closed the previous year .... 738 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : August 3. 

Public Funds. 



213 $104,322 57 
321,792 49 



5,672 50 
50,000 00 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 3^s, extended 


$50,000 


• 

$50,500 00 


$51,562 50 


" " 4s, registered 


285,000 


330,600 00 


301,000 00 


" " 6s, currency 


55,000 


71,500 00 


55,000 00 


State, city, and town bonds: — 








State of Connecticut 6s . 


$5,000 


$6,000 00 


$5,000 00 


City of Boston 4s . 


30,000 


33,000 00 


30,000 00 


of Charlestown 6s 


5,000 


5,500 00 


5,000 00 


of Bath, Me., 6s 


12,000 


12,000 00 


13,667 50 


of Pawtucket, R.L, 5s 


20,000 


22,000 00 


21,300 00 


of Providence, R.L, 5s 


27,000 


29,700 00 


30,360 00 


Town of Watchemoket, R.L, 5s 


26,500 


29,000 00 


28,970 00 


of Pittsfield 6s 


50,000 


60,000 00 


50,000 00 


of Adams 6s . 


25,000 


28,000 00 


25,000 00 




$590,500 


$677,800 00 


$616,860 00 



Bank 


Stock. 






Blackstone Nat'l Bank, Boston 


$4,100 


$4,715 00 


$4,100 00 


Howard Nat'l Bank, Boston . 


3,200 


4,176 00 


3,200 00 


Shawmut Nat'l Bank, Boston . 


2,000 


2,550 00 


2,000 00 


North Nat'l Bank, Boston 


3,500 


4,970 00 


3,500 00 


Atlantic Nat'l Bank, Boston . 


4,500 


6,885 00 


4,500 00 


Merchants' Nat'l Bank, Boston 


6,800 


9,928 00 


6,800 00 


Boston Nat'l Bank, Boston 


10,000 


12,800 00 


10,000 00 


Revere Nat'l Bank, Boston 


12,000 


14,640 00 


12,000 00 


Webster Nat'l Bank, Boston . 


8,000 


8,920 00 


8,000 00 


Eagle Nat'l Bank, Boston 


8,000 


9,520 00 


8,000 00 


Hide and Leather Nat'l B'k, Boston^ 


2,500 


2,912 00 


2,500 00 


Bank of Commerce, Boston 


6,000 


7,500 00 


6,000 00 


Atlas Nat'l Bank, Boston 


900 


1,125 00 


1,111 50 


Hadley Falls Nat'l Bank, Holyoke . 


2,000 


3,500 00 


2,000 00 


Adams Nat'l Bank, North Adams . 


200 


275 00 


200 00 


Chicopee First Nat'l Bank, Chicopee, 


6,000 


10,000 00 


6,000 00 


Agricultural Nat'l Bank, Pittsfield . 


3,200 


6,000 00 


3,200 00 


Pittsfield Nat'l Bank, Pittsfield 


4,500 


5,700 00 


4,500 00 


Lee Nat'l Bank, Lee 


6,720 


8,000 00 


6,720 00 




$94,120 


$124,116 00 


$94,331 50 



Railroad Bonds. 



Worcester and Nashua Railroad 



$10,000 



$10,000 00 



$10,000 00 



22 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BEVERLY SAYINGS BANK — BEYERLY. 

Incorporated 1867. Number of corporators, 42. 

"William Endicott, President. Treasurer, R. G. Bennett. 

Statement. 



Liabilities 


. 


Assets. 


Deposits 


3573,931 99 


Loans on public funds 


835,000 00 


Earnings undivided . 


3,365 35 


Bank stock .... 


137,490 00 


Gauranty fund . 


8,000 00 


Loans on bank stock . 


6,200 00 






Railroad bonds 


2,000 00 






Real estate by foreclosure . 


19.412 91 






Loans on real estate . 


238.599 00 






Loans on personal security, 


2,125 00 






Loans to counties, cities, or 








town 


105,000 00 






Deposit in banks on interest, 


15,000 00 






Expense account . 


2 50 






Premium account 


15.000 00 






Cask on Land 


9.407 93 




$585,1297 34 


$585,297 34 

• 



Loans on Public Funds : — 
On $35,000 United States 3|s 

Loans on Bank Stock : — 
On 63 shares Beverly National Bank .... 

Cash on Deposit in Banks, amount in each: — 
National Exchange Bank, Boston .... 
Beverly National Bank, Beverly .... 

Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for / 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : fourth Wednesday 

in April and October. 
The total amount of loans, with each specified rate of interest: 

$37,500, 4 per cent; $5,000, 4£ per cent; $97,500, 5 per cent; 

$246,924, 6 per cent. 
Number of outstanding loans which are of an amount not 



$35,000 00 



$6,200 00 



$15,000 00 
9.467 93 

$19,412 91 

21.850 00 

1.854 16 

378 03 

$31,402 78 

9.907 03 

10,638 61 



exceeding $3,000 each 



244 



Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1.972 

Number and amount of deposits received for previous year. 5.405 
Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 116 



231.274 00 

855 35 

115.957 66 

64.581 19 



1882.] 



PUBLIC DOCUMENT — No. 8. 



23 



Number and amount, of withdrawals .... 
Number of accounts opened tlie previous year . . . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Aug. 13. 



1,116 $87,559 06 

, 264 



191 



969 26 
15,000 00 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Atlas Nat'l Bank, Boston 


$5,000 


$6,250 00 


$5,000 00 


City Nat'l Bank, Boston . 


10,000 


12,300 00 


10,000 00 


Continental Nat'l Bank, Boston 


5,000 


5,950 00 


5,000 00 


Eagle Nat'l Bank, Boston 


5,000 


6,000 00 


5,000 00 


Freeman's Nat'l Bank, Boston 


5,000 


5,950 00 


5,000 00 


Massachusetts Nat'l Bank, Boston . 


10,000 


12,400 00 


10,000 00 


North Nat'l Bank, Boston 


5,000 


7,150 00 


5,000 00 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,800 00 


5,000 00 


Howard Nat'l Bank, Boston . 


5,000 


6,500 00 


5,000 00 


Merchandise Nat'l Bank, Boston 


3,000 


3,300 00 


3,000 00 


Republic Nat'l Bank, Boston . 


5,000 


6,250 00 


5,000 00 


Revere Nat'l Bank, Boston 


3,800 


4,630 00 


3,800 00 


Shoe and Leather Nat'l B'k, Boston, 


5,000 


5,650 00 


5,000 00 


Traders' Nat'l Bank, Boston . 


10,000 


10,200 00 


10,000 00 


Trernont Nat'l Bank, Boston . 


5,000 


6,100 00 


5,000 CO 


Webster Nat'l Bank, Boston . 


5,000 


5,500 00 


5,000 00 


First Nat'l Bank, Lynn . 


5,000 


6,000 00 


5,000 00 


Grand Nat'l Bank, Marblehead 


1,800 


2,160 00 


1,800 00 


Asiatic Nat'l Bank, Salem 


2,190 


2,920 00 


2,190 00 


Exchange Nat'l Bank, Salem . 


3,300 


3,960 00 


3,300 00 


First Nat'l Bank, Salem . 


4,700 


5,640 00 


4,700 00 


Mercantile Nat'l Bank, Salem . 


3,700 


4,440 00 


3,700 00 


Salem Nat'l Bank, Salem 


5,000 


6,000 00 


5,000 00 


Beverly Nat'l Bank, Beverly . 


20,000 


25,000 00 


20,000 00 


. 


$137,490 


$166,050 00 


$137,490 00 



Railroad Bonds. 



Eastern Railroad 




$2,200 00 



$2,000 00 



24 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BOSTON FIVE CENTS SAVINGS BANK — BOSTON. 

Incorporated 1854. Number of corporators, 47. 
Alonzo H. Evans, President. Treasurer, Curtis C. Nichols. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$9,612,566 75 


Public funds 


$1,367,000 00 


Earnings undivided . 


255,364 28 


Loans on public funds 


2,650 00 


Guaranty fund . 


139,528 48 


Bank stock .... 


357,587 50 






Loans on bank stock . 


29,200 00 






Railroad bonds 


140,000 00 






Real estate .... 


139,601 21 






Real estate by foreclosure . 


177,063 50 






Loans on real estate . 


4,134,305 28 






Loans on personal security, 


2,463,500 00 






Loans to counties, cities, or 








towns 


508,000 00 






Deposit in banks on interest, 


668,869 65 






Expense account . 


103 49 






Cash on band 


19,518 88 




§10,007,459 51 


$10,007,459 51 



Loans on Public Funds, amount on each: — 

On $1,500 United States bonds 

On $1,300 State of Maine bonds .... 

Loans on Bank Stock, amount on each: — 
On 146 shares Maverick National Bank 
On 11 shares Old Colony National Bank, Plymouth 
On 40 shares National Bank of Redemption . 
On 40 shares Everett National Bank 
On 25 shares Atlas National Bank .... 
On 30 shares Blackstone National Bank . 

Cash on Deposit in Banks, amount in each : — 
National Bank of the Commonwealth 
Merchandise National Bank .... 

Blackstone National Bank 

Maverick National Bank 

First National Bank 

Traders' National Bank 

Mount Vernon National Bank .... 

Central National Bank 

National Exchange Bank 

National Security Bank 

First National Bank, Newburyport . 

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



$2,650 00 



$14,600 00 
1,100 00 

10,500 00 

3,000 00 



$34,524 01 

10,340 09 
109 3S 

65,95S 53 

115 07 

100,000 00 

50,000 00 
150,414 78 

90,407 79 
100,000 00 

67,000 00 

$139,601 21 

175,000 00 

177,063 50 

245,150 00 

10,000 00 

6,333 96 



1882.] 



PUBLIC DOCUMENT — No. 8. 



25 



Whole amount of interest or profits received or earned . 

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

previous year > If 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 : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$95,000, 3 per cent; $192,000, 3£ per cent; $30,000, 3f per cent; 

$245,000, 4 per cent; $181,600, 4£ per cent; $585,000, 4| per cent; 

$1,846,600, 5 per cent; $45,300, 5£ per cent; $610,000, 5£ per cent; 

$1,126,130.48, 6 per cent; $35,000, 6£ per cent; $564,650, 6£ per 

cent; $819,236.60, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . 258 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 70,350 

Number and amount of deposits received for previous year, 55,373 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 1,887 

Number and amount of withdrawals .... 36,363 

Number of accounts opened the previous year . . 8,415 

Number of accounts closed the previous year . . . 3,340 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: April 28. 



$515,043 97 
i 168,025 83 
1 151,788 93 



450,4*0 00 
49,638 50 

3,013,731 43 

1,068,572 00 
2,086,107 67 



29,876 29 
25,000 00 



Public Funds. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


$600,000 


$762,500 00 


$600,000 00 


State and city bonds: — 








State of Massachusetts . 


$100,000 


$101,000 00 


$100,000 00 


of Maine 




50,000 


54,500 00 


50,000 00 


City of Boston 




219,000 


247,000 00 


219,000 00 


of Chelsea 




50,000 


56,000 00 


50,000 00 


of Newton 




50,000 


50,000 00 


50,000 00 


of Somerville . 




198,000 


202,680 00 


198,000 00 


of Salem 




100,000 


108,000 00 


100,000 00 




$1,367,000 


$1,581,680 00 


$1,367,000 00 


Bank Stock. 


Third Nat'l Bank, Springfield 


$10,000 


$15,600 00 


$10,000 00 


Boston Nat'l Bank, Boston 


15,000 


18,900 00 


15,287 50 


Hide and Leather Nat'l B'k, Boston, 


32,500 


37,700 00 


32,500 00 


Republic Nat'l Bank, Boston . 


15,000 


18,750 00 


15,000 00 



4 






26 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



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 . 
Treraont Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Rockland Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Commonwealth Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 



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



$357,300 



$17,520 


00 


50,750 


00 


47,265 


00 


20,862 


00 


12,500 


00 


36,285 


00 


11,600 


00 


26,400 


00 


20,400 


00 


25,000 


00 


27,000 


00 


6,S15 


00 


8,250 


00 


34,440 


00 


11,000 


00 


15,252 


00 


$462,289 


00 



$12,000 00 
25,000 00 
41,100 00 
17,100 00 
10,000 00 
29,500 00 
10,000 00 
20.000 00 
15,000 00 
20,000 00 
22,500 00 
4,700 00 
7,500 00 
28,000 00 
10,000 00 
12,400 00 

$357, 5S7 50 



Railroad Bonds. 



Eastern Railroad 




$140,000 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



27 



BOSTON PENNY SAVINGS BANK — BOSTON. 

Incorporated 1864. Number of corporators, 100. • 
Eben Howes, President. Treasurer, Henry R. Reynolds. 

Statement. 



Liabilities. 



Assets. 



Deposits 


$753,790 34 


Public funds 


$22,450 00 


Earnings undivided . 


9,170 01 


Bank stock .... 


103,090 50 


Guaranty fund .. 


12,089 05 


Loans on bank stock . 


500 00 






Railroad bonds . 


6,225 00 






Real estate .... 


115,000 00 






Real estate by foreclosure . 


4,315 69 






Loans on real estate , 


363,450 00 






Loans on personal security, 


60,000 00 






Deposit in banks on interest, 


79,111 28 






Expense account . 


358 60 






Accrued interest . 


8,936 32 






Cash on hand 


11,012 01 




$775,049 40 


$775,049 40 



Loan on Bank Stock: — 
On 5 shares Mechanics' National Bank, Boston 



$500 00 



Cash on Deposit in Banks, amount in each : — 

Maverick National Bank $22,563 22 

Hide and Leather National Bank 6,548 06 

Mount Yernon National Bank 50,000 00 

Amount invested in real estate (for banking purposes) . . . $115,000 00 

Estimated value of the same 100,000 00 

Amount of real estate held by foreclosure 4,315 69 

Assessed value of the same 4,400 00 

Amount of income received from the same 300 00 

Amount of municipal tax on real estate 1,166 21 



) l-£ per cent . t 
> 1-i per cent . ) 



Whole amount of interest or profits received . 
Rate and amount of each semi-annual dividend for 

previous year M| 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 : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$10,000,4 per cent; $50,000, 4£ per cent; $39,500, 5 per cent; 

$3,500, 5£ percent; $217,500, 6 per cent; $15,500, 6£ per cent; 

$77,750, 7 per cent; $6,200, 7£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 37 

Aggregate amount of the same 

Number of open accounts 5,674 



$37,862 16 
10,538 04 
10,467 71 



66,250 00 



28 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits received for previous year, 5,031 $202,590 09 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . . . 113 63,602 24 

Number and amount of withdrawals .... 2,954 187,556 41 

Number of accounts opened the previous year .... 748 
Number of accounts closed the previous year .... 655 
Amount of expenses of the corporation during previous year . 4,350 29 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner : Feb. 23. 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4s 



$20,000 ; $23,225 00 



$22,450 00 



Bank Stock. 



Everett Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston, 
North America Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston 
Fourth Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston 
Webster Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston 
State Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Howard Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 



$15,000 
10,000 
5,000 
5,000 
5,000 
2.500 
5,000 
5,000 
4,100 
4,800 
4,200 
1,100 
7,000 
5,000 
3,700 



$82,400 



$17,568 75 


11,650 


00 


5.750 


00 


6,250 


00 


5,512 


50 


3,650 


00 


5,500 


00 


6,400 


00 


5,002 


00 


5,352 


00 


6,447 


00 


1,380 


50 


14,542 


50 


6,506 


25 


4,763 


75 


$106,275 25 



$16,725 00 
11,550 00 
5,525 00 
6,300 00 
5,325 00 
3,600 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 

$103,690 50 



Bailroad Bonds. 



Boston and Maine 7s 




$6,356 25 



$6,225 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



29 



BRAINTREE SAVINGS BANK — SOUTH BRAINTREE. 

Incorporated March 21, 1870. Number of corporators, 22. 
E. A. Hollengsworth, President. Treasurer, C. H. Hobart. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 

■ 


$89,292 96 

3,203 93 

945 40 


Public funds 

Bank stock .... 

Real estate by foreclosure . 

Loans on reai estate . 

Deposit in bank on interest, 

Expense account . 

Cash on hand 


$19,571 63 

28,219 74 

2,921 32 

41.240 00 

1,311 24 

53 36 

125 00 




$93,442 29 


$93,442 29 



Cash on Deposit in Bank: — 
Shawmut National Bank, Boston 



$1,311 24 



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



$2,921 32 

200 00 

33 36 



Whole amount of interest or profits received or earned . . . $4,777 45 
Rate and amount of each semi-annual dividend for ) 2 per cent . t 1,504 99 

previous year ) 2 per cent . ( 1,551 28 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$25,530, 6 per cent; $13,310, 7 per cent; $2,400, 7£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 39 

Aggregate amount of the same 41,240 00 

Number of open accounts 392 

Number and amount of deposits received for previous year . 294 27,211 74 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 21 11,930 42 

Number and amount of withdrawals 180 20,619 76 

Number of accounts opened the previous year .... 50 
Number of accounts closed the previous year .... 45 
Amount of expenses of the corporation during previous year . 248 73 

Amount of treasurer's bond 5,000 00 

Date of examination by commissioner: June 28. 



30 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, coupon . 
" " 3|s, registered . 

City and town bonds : — 
City of New Bedford 5s . 

of Fall River 6s 

of Boston 6s 

of Worcester 4|s 

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


$1,500 
4,000 

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


$1,740 00 
4,080 00 

$3,360 00 
1,075 00 
2,320 00 
2,170 00 
2,070 00 
3,300 00 


$1,498 13 
4,095 00 

$3,090 00 
1,088 50 
2,320 00 
2,170 00 
2,070 00 
3,240 00 




$18,500 


$20,115 00 


$19,571 63 



Bank Stock. 



Merchants' Nat'l Bank, Boston , . 


$700 


$1,022 


00 


$920 50 


Union Nat'l Bank, Weymouth 


2,200 


2,591 


50 


2.591 50 


Manufacturers' Nat'l Bank, Boston, 


2,000 


2,200 


00 


2,096 25 


Union Market N'l B'k, Watertown . 


3,200 


3,520 


00 


3,021 50 


State Nat'l Bank, Boston 


1,500 


1,875 


00 


1,016 25 


Blackstone Nat'l Bank, Boston 


3,100 


3,627 


00 


3,295 37 


North America Nat'l Bank, Boston . 


1,000 


1,140 


00 


1,138 75 


Shawmut Nat'l Bank, Boston . 


2,000 


2,498 


75 


2,498 75 


Commonwealth Nat'l Bank, Boston, 


1,800 


2,250 


00 


1,982 25 


Hide and Leather Nat'l B'k, Boston, 


1,000 


1,150 


00 


1,150 00 


Merchandise Nat'l Bank, Boston 


1,300 


1,472 


25 


1,472 25 


Brockton Nat'l Bank, Brockton 


2,500 


2,609 


37 


2,609 37 


Freeman's Nat'l Bank, Boston 


800 


1,002 


00 


1,002 00 


Shoe and Leather Nat'l B'k, Boston, 


2,500 


2,825 


00 


2,825 00 




$25,600 


$29,7S2 


87 


62S,219 74 



1882.] 



PUBLIC DOCUMENT — No. 8. 



31 



BRIDGEWATER SAVINGS BANK — BRIDGEWATER. 

Incorporated March 19, 1872. Number of corporators, 20. 
Lloyd Parsons, President. Treasurer, Samuel P. Gates. 

Statement. 



Liabilities. 



Assess. 



Deposits 

Earnings undivided 
Guaranty fund . 
Suspense account 



$191,335 41 

2,197 99 

3,185 00 

31 00 



$196,749 40 



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, 
Cash on hand 



$11,000 00 

34,057 49 

1,000 00 

9,500 00 

101,509 00 

3(3,733 71 

1,500 00 
700 48 
748 72 


$196,749 40 



Cash on Deposit in Bank: — 
First National Bank, Boston 



$700 48 



Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for \ 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : April 1 and Oct. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4-$,- per cent. 
The total amount of loans, with each specified rate of interest: 

$1,500, 4£ per cent; $9,300, 5 per cent; $70,570.30, 6 per cent; 

$2,200, 6i per cent; $48,964, 7 per cent; $800, 7£ per cent; 

$5,702.41, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 114 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 800 

Number and amount of deposits received for previous year . 610 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 45 

Number and amount of withdrawals 534 

Number of accounts opened the previous year .... 147 
Number of accounts closed the previous year .... 85 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner: July 8. 



$9,500 00 

7,250 00 

540 33 

105 30 

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



97,742 71 
700 00 

59,818 75 

29,086 35 
51,637 44 



668 45 
10,000 00 



32 



BANK COMMISSIONERS' REPORT. [Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s 


$2,000 


$2,320 00 


$2,000 00 


City bonds: — 








City of Boston 5s, gold . 


$5,000 


$5,900 00 


$5,000 00 


of Fall River b's 


4,000 


5,040 00 


4,000 00 




$11,000 


$13,260 00 


$11,000 00 


Bank 


Stock. 






Blackstone Nat'l Bank, Boston 


$7,000 


$S,050 00 


$7,000 00 


Merchants' Nat'l Bank, Boston 


1,000 


1,460 00 


1,391 24 


Washington Nat'l Bank, Boston 


300 


420 00 


300 00 


Boybton Nat'l Bank, Boston . 


1,300 


1,664 00 


1,300 00 


Eagle Nat'l Bank, Boston 


1,200 


1,428 00 


1,200 00 


Globe Nat'l Bank, Boston 


900 


999 00 


900 00 


Fourth Nat'l Bank, Boston 


1,500 


1,650 00 


1,500 00 


Blue Hill Nat'l Bank, Boston . 


1,700 


1,870 00 


2,218 75 


Security Nat'l Bank, Boston . 


600 


1,080 00 


1,042 50 


Shawmut Nat'l Bank, Boston . 


1,100 


1,397 00 


1,320 50 


Freeman's Nat'l Bank, Boston 


2,000 


2,400 00 


2,382 50 


Brighton Nat'l Bank, Boston . 


3,900 


4,173 00 


3,900 00 


Faneuil Hall Nat'l Bank, Boston 


1,000 


1,300 00 


1.250 00 


Howard Nat'l Bank, Boston . 


2,000 


2,600 00 


2,395 00 


Home Nat'l Bank, Brockton . 


2.200 


2,464 00 


2,200 00 


Brockton Nat'l Bank, Brockton 


2,000 


2,100 00 


2,000 00 


Bristol County Nat'l Bank, Taunton, 


1,100 


1,760 00 


1,757 00 




$30,S00 


$36,815 00 


$34,057 49 


Railro^ 


ld Bonds. 






Boston and Maine .... 


$1,000 


$1,267 50 


$1,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



33 



BRIGHTON" FIVE CENT SAVINGS BANK — WARD 25, BOSTON. 
Incorporated March, 18G1. Number of corporators 98. 
Horace W. Jordan, President. Treasurer, William A. Fiske. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$172,129 37 

14,529 09 

3,309 88 


Public funds 

Bank stock .... 
Real estate by foreclosure . 
Loans on real estate . 
Deposit in banks on interest, 
Expense account . 
Suspense account (accrued 
interest) .... 
Cash on hand 


$3,000 00 
31, 2(H5 25 
58,508 73 
93,(582 15 
1,907 75 
491 13 

974 57 
137 70 




$189,968 34 


$189,968 34 



Cash on Deposit in Bank : 
National Bank of Brighton 



$1,907 75 



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



$58,508 73 

41,900 00 

2,662 24 

550 54 



Whole amount of interest or profits received or earned . . . $7,477 53 
Bate and amount of each semi-annual dividend for ) 2 per cent . ( 3,548 02 

previous year ) 2 per cent . 1 3,314 22 

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: 6^ per cent. 
The total amount of loans, with each specified rate of interest: 

$21,700, 6 per cent; $15,000, 6i per cent; $44,382.15, 7 per cent; 

$3,600, 7-]% per cent; $9,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 43 

Aggregate amount of the same 56,798 00 

Amount of investments from which no income is received . . 4,053 00 

Number of open accounts 821 

Number and amount of deposits received for previous year . 382 20,175 34 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 15 9,880 00 

Number and amount of withdrawals 463 37,574 80 

Number of accounts opened the previous year . . . . 117 
Number of accounts closed the previous year .... 145 
Amount of expenses of the corporation during previous year . 1,487 19 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner: March 28. 

5 



34 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City of Fall River water bonds 


$3,000 


$3,765 00 


$3,000 00 


Bank Stock. 



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



$7,900 
3,000 

500 
1,500 

400 
1,000 

500 
1,200 
1,000 
8,900 




,453 
3.975 

596 
1,803 

509 
1,255 

600 
1,443 
1,218 
9,923 



00 
00 
25 
75 
00 
00 
00 
00 
75 
50 



$29,777 25 



$9,537 00 
5,205 00 

670 00 
1,732 50 

400 00 
1,132 50 

500 00 
1,236 00 
1,208 25 
9,645 00 



$31,266 25 



1882.] 



PUBLIC DOCUMENT — No. 8. 



35 



BRISTOL COUNTY SAVINGS BANK — TAUNTON. 

Incorporated March 2, 1846. Number of corporators, 113. 
— , President* Treasurer, N. C. Place. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$2,653,917 76 


Public funds 


$224,000 00 


Earnings undivided . 


25,158 99 


Loans on public funds 


1,000 00 


Guaranty fund . 


55,000 00 


Bank stock .... 


138,400 00 


Bents .... 


2,000 00 


Loans on bank stock . 


5,500 00 






Railroad bonds . 


55,000 00 






Railroad stock! . 


40,000 00 






Loans on railroad stock 


500 00 






Real estate .... 


25,000 00 






Real estate by foreclosure . 


269,002 97 






Loans on real estate . 


1,504,802 00 






Loans on personal security, 


423,623 38 






Loans on bank books . 


4,440 00 






Deposit in banks on interest, 


35,936 33 


. 




Deposit in banks not on 








interest .... 


1,519 00 






Expense account . 


520 57 






Suspense account 


1,554 98 






Cash on hand 


5,277 52 




$2,736,076 75 


$2,736,076 75 



Loan on Public Funds : — 
On $1,000 United States 4£s 



$1,000 00 



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



$4,300 00 

1,000 00 

200 00 



Loan on Railroad Stock : — 
On 5 shares Boston and Albany Railroad 



$500 00 



Cash on Deposit in Banks, amount in each : — 
Bristol County National Bank, Taunton . 
Machinists' National Bank, Taunton 
Maverick National Bank, Boston .... 

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



$1,519 00 

768 79 

35,167 54 

$25,000 00 

45,000 00 

269,002 97 

231,808 00 

16,956 81 

3,918 76 



* Office vacant by death of president. 

f This is preferred stock in the Boston, Clinton, Fitchburg, and New Bedford Railroad, 
taken to secure indebtedness. 



36 



BANK COMMISSIONERS' REPORT. [Jan. 



Whole amount of interest or profits received or earned . 
Kate and amount of each semi-annual dividend for I 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans, with each specified rate of interest: 

$10,000, 4i per cent; $89,045.85, 5 per cent; $5,000, 5£ per cent; 

$1,835,819.53, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 1,291 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : June 20. 



$149,072 23 
; 49,948 90 
\ 51,005 17 



« 


1,115,381 4G 


• 


23,550 73 


8,001 




4.529 


555,190 93 


334 


190,016 00 


4.581 


456,755 91 


1,139 




895 




• 


8,399 73 




20,000 00 



Public Funds. 



Tar Value. 



Estimated 
Market Value. 



Amount Invested. 



United States continued os, funded 

loan of 1881 at 3^ 
United States 4s ... . 



(< 



4is 



State, city, and town bonds: — 
State of New Hampshire 
City of Providence, R.I. 

of Dover, N.H. 

of Fall River . 

of Springfield . 

of Portsmouth, N.H. 

of Boston 

of Cambridge . 

of Taunton 
Town of Brockton . 



$70,000 
15,000 
45,000 



$10,000 

30,000 

10,000 

7,000 

6,000 

5,000 

4,000 

1,000 

1,000 

20,000 



^224, 000 



$71,400 


00 


17,400 


00 


49,S50 


00 


$12,500 


00 


35,100 


00 


12,000 


00 


9,290 


00 


6,550 


00 


6,000 


00 


4,800 


00 


1.260 


00 


1,240 


00 


22,000 


00 


$249,390 00 



$70,000 00 
15,000 00 
45,000 00 



$10,000 00 

30,000 00 

10,000 00 

7,000 00 

6,000 00 

5,000 00 

4,000 00 

1,000 00 

1,000 00 

20,000 00 

$224,000 00 



Bank Stock. 



Machinists' Nat'l Bank, Taunton . 


$16,200 


$29,970 00 


$16.2fi0 00 


Bristol Countv Nat'l Bank, Taunton, 


4,500 


7,650 00 


4,500 00 


Taunton Nat'l Bank, Taunton 


700 


1,134 00 


700 00 


Fairhaven Nat'l Bank, Fairhaven . 


2,000 


1,810 00 


2,000 00 


Third Nat'l Bank, Springfield 


10,000 


17,000 00 


10,000 U0 



1882.] 



PUBLIC DOCUMENT— No. 8. 



37 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



First Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Hide and Leather NatTBank, Boston, 
Metropolitan Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Rockland Nat'l Bank, Roxbury 
Columbian Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Second Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Everett Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Howard Nat'l Bank, Boston 
People's Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 



$10,000 
4,000 
1,500 
4,000 

10,000 
3,200 

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

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

10,000 
1,000 
1,000 
2,700 
1,200 
2,800 
400 



$138,400 



$20,700 00 


5,120 


00 


1,740 00 


4,800 


00 


14,600 


00 


4,608 


00 


14,200 00 


2,540 


00 


2,300 


00 


6,020 


00 


7,100 00 


3,825 


00 


3,020 


00 


13,500 


00 


6,656 


00 


6,100 


00 


6,084 


00 


12,500 


00 


1,300 00 


1,190 


00 


3,510 


00 


1,944 


00 


4,284 


00 


508 


00 


$205,743 


00 



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

10,000 00 
3,200 00 

10,000 00 
2,000 00 
2,000 00 
4,300 00 
5,000 00 
2,500 00 
2,000 00 

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

10,000 00 
1,000 00 
1,000 00 
2,700 00 
1,200 00 
2,800 00 
400 00 

$138,400 00 



Railroad Bonds. 



Boston, Revere Beach, and Lynn 

Railroad first mortgage 
Boston, Clinton, Fitchburg, and 

New Bedford Railroad first mort. . 



$15,000 
40,000 



$55,000 



$17,550 00 
42,450 00 



$60,000 00 



$15,000 00 
40,000 00 



$55,000 00 



38 



BANK COMMISSIONERS' REPORT. [Jan. 



BROADWAY SAVINGS BANK — LAWRENCE. 

Incorporated 1872. Number of corporators, 28. 
John Fallon President. Treasurer, Gilbert E. Hood. 

Statement. 



Liabilities. 


Assets. 


Deposits . 
Earnings undivided . 
Guaranty fund . 
Balance of Smith 
guaranty fund 


$549,078 37 

34,731 93 

8,500 00 

54,090 06 


Public funds 

Bank stock .... 
Loans on bank stock . 
Real estate by foreclosure 
Loans on real estate . 
Loans on personal security 
Deposit in bank on interest 
Cash on hand 




$150,000 00 

127.900 00 
1,500 00 

121,150 00 

155.901 00 
30,500 00 
58,979 06 

1,070 30 




$647,000 36 






$647,000 36 



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



$1,500 00 



Cash on Deposit in Bank: — 
In Lawrence National Bank 



$58,979 06 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for 1 2 per cent 

previous year ' 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday in 

April and October. 
The total amount of loans, with each specified rate of interest: 

$54,000, 6 per cent; $4,800, 6£ per cent; $129,101, 7 per cent, 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 139 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1.840 

Number and amount of deposits received for previous year. 1,084 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year « 100 

Number and amount of withdrawals 915 

Number of accounts opened the previous year .... 240 
Number of accounts closed the previous year .... 357 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : March 29. 



$121,150 00 

92.425 00 

5.832 53 

1,426 96 

$31,142 07 
{ 10,274 60 
1 10,432 43 



109,901 00 
150 00 

104,193 39 

74,754 70 
123,584 95 



2,532 13 
20.000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



39 



Public 


Funds. 






, 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s . . . 


$150,000 


$175,500 00 


$150,000 00 


Bank Stock. 



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 Bank, 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 Bank, Boston, 
Suffolk Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 



$4,850 

4,400 

10,000 

5,000 

5,000 

5,000 

3,300 

5,000 

1,500 

5,000 

7,800 

5,000 

5,000 

5,000 

5,000 

7,600 

10,000 

10,000 

16,900 

5,000 



$126,350 



$7,360 00 


5,280 00 


12,800 00 


6,000 00 


6,000 00 


5,800 00 


3,630 00 


5,050 00 


1,700 00 


6,500 00 


8,500 00 


5,500 00 


5,500 00 


5,700 00 


6,300 00 


9,500 00 


11,200 00 


12,100 00 


20,800 00 


5,550 00 


$151,370 00 



$6,400 00 

4,400 00 

10,000 00 

5,000 00 

5,000 00 

5,000 00 

3,300 00 

5,000 00 

1,500 00 

5,000 00 

7,800 00 

5,000 00 

5,000 00 

5,000 00 

5,000 00 

7,600 00 

10,000 00 

10,000 00 

16,900 00 

5,000 00 

$127,900 00 



40 



BANK COMMISSIONERS' REPORT. [Jan. 



BROCKTON SAVINGS BANK — BROCKTON. 

Incorporated March 3, 1881. Number of corporators, 51. 

Sanford Winter, President. Treasurer, C. R. Fillebrown. 

Statement. 



Liabilities 


• 


Assets. 




Deposits 

Earnings undivided . 


$50,901 01 
101 14 


Public funds 
Railroad bonds . 
Loans on real estate* . 
Loans on personal security, 
Expense accouut . 
Cash on hand 


$2,040 00 
2,100 00 

38,400 00 

4,275 00 

143 04 

4,044 11 




£51,002 15 


$51,002 15 



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

Whole amount of interest or profits received or earned . 

Times for the dividends fixed by the by-laws : April 13 and Oct. 15. 

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

$2,040, 4 per cent; $2,100, 5 per cent; $34,475, 6 per cent; $5,350, 

0| per cent; $2,850, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding £300 at any 

one time for the previous year 

Number and amount of withdrawals 

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

Amount of treasurer's bond 

Date of examination by commissioner: July 7. 



34 

• 

3G3 
544 

52 
102 
408 

45 



$2,732 57 
$101 14 



39,815 00 

58,328 01 

27,005 CO 
7,427 CO 



143 04 
10,000 CO 



Public Funds. 





Tar Value 


Estimated 
Market Value. 


Amount Invested. 


Town of Brockton . . . . $2,000 


$2,040 00 ! $2,040 00 


Railroad Bonds. 


Newport and Richford Railroad 


$2,000 


$2,100 00 


$2,100 00 



* This bank has been notified that the amount of loans on real estate exceeded the legal limit. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



41 



BBOOKFIELD SAVINGS BANK — BBOOKFIELD. 

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

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$31,381 78 

1,055 03 

470 93 


Loans on real estate . 
Loans on personal security, 
Deposit in bank on interest, 
Expense account . 
Furniture account 


$22,050 00 

10,400 00 

152 49 

155 25 

150 00 




$32,907 74 


$32,907 74 



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



$152 49 



Whole amount of interest or profits received or earned . 

Bate and amount of each semi-annual dividend for / 2 per cent . 

previous year ) 2 per cent . 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5jy per cent. 
The total amount of loans, with each specified rate of interest: 

$9,000, 4 per cent; $1,500, 5 per cent; $21,950, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . . . . . . .39 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by the commissioner: July 5. 

6 



223 
141 

38 

123 

25 

25 



$1,787 62 
672 52 
601 73 



32,450 00 

5,027 11 

18,087 06 
9,737 46 



160 25 
10,000 00 



42 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BROOKLINE SAVINGS BANK — BROOKLINE. 

Incorporated Feb. 24, 1871. Number of corporators, 59. 
"William H. Lincoln, President. Treasurer, William E. Lincoln. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 
Guaranty fund . 
S. E. Gardner 



$135,997 38 

3,080 55 

1,293 25 

10 00 



$140,381 18 



Public funds 
Bank stock . 
Real estate by foreclosure 
Loans on real estate . 
Loans on personal security 
Deposit in bank on interest 
Expense account . 
Accrued interest . 
Premium on public funds 
Cash on hand 



$14,241 25 

28,301 G3 

7,857 11 

71,487 50 

10,000 00 

3,«83 42 

375 51 

2,377 44 

1,402 08 

(355 24 



$140,381 18 



Cash, on Deposit in Bank : 
Central National Bank 



$3,683 42 



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



$7,857 11 

5,100 00 

400 00 

55 08 



Whole amount of interest or profits received or earned . 

Bate and amount of each semi-annual dividend for ) 2 per cent . ( 

previous year '2 per cent . ( 

Times for the dividends fixed by the by-laws : second Monday in 

January and July. 
The total amount of loans, with each specified rate of interest: 

$31,287.50, 6 per cent; $19,500, 6£ per cent; $17,900, 7 per cent; 

$2,800, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 35 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,036 

Number and amount of deposits received for previous year, 1,902 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 23 

Number and amount of withdrawals 576 

Number of accounts opened the previous year . . . 333 

Number of accounts closed the previous year .... 125 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Dec. 5. 



£6,798 76 
1,951 63 
2,156 12 



38,987 50 
1,416 78 

53,497 94 

11,420 60 
28,303 34 



1,060 00 
5,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



43 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Brookline water scrip 7s, 1898 
Brookline water scrip 4-|s, 1893 


$4,000 
10,000 


$5,093 33 
10,550 00 


$3,691 25 
10,550 00 


» 


$14,000 


$15,643 33 


$14,241 25 



Bank Stock. 



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



^8,500 
7,500 
5,000 
3,700 
1,800 



$26,500 



$10,540 00 
9,000 00 
5,500 00 
4,514 00 
2,196 00 



$31,750 00 



$9,192 50 
8,088 00 
5,000 00 
4,057 00 
1,964 13 



28,301 63 



44 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CAMBRIDGE PORT SAVINGS BANK — CAMBRIDGE. 

Incorporated March 16, 1853. Number of corporators, 11. 

Benjamin Tilton, President. Treasurer, Edward Hyde. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$2,207,619 19 i 
40,269 40 ! 
30,000 00 


Public funds 

Bank stock .... 
Loan on railroad bonds * . 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Deposit in banks on iuterest, 
Expense account . 
Cash on hand 


#351,100 00 

98, iOO 00 

10.000 00 

84,745 75 

1,085,837 13 

314,958 63 

327,792 87 

3,449 89 

1.904 32 




#2,277,888 59 


#2,277,888 59 



Loan on Railroad bonds: — 
Union Pacific Railroad 



$10,000 00 



Cash on Deposit in Banks, amount in each: — 

Exchange National Bank,. Boston 

First National Bank, Cambridge 

Cambridgeport National Bank, Cambridge .... 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received .... 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday in 

January and July. 
The total amount of loans, with each specified rate of interest: 

$25,000, 3 per cent; $75,000, 3| per cent; $50,000, 3i per cent; 

$44,661.91, 4 per cent; $25,000, 4± per cent; $20,000, 4| per cent; 

$20,000, 5 per cent; $136,605.63, 5£ per cent; $533,321.09, 6 per 

cent; $389,505, 6£ per cent; $54,717.13, 7 per cent; $20,350, 7-ft 

per cent; $16,575, 7| per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . • 297 

Aggregate amount of the same 

Number of open accounts 6,509 

Number and amount of deposits received for previous year, 6,302 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 326 

Number and amount of withdrawals .... 4.139 



$270,000 00 
37,081 87 
20,711 00 

$84,745 75 

120,800 00 
7,575 74 
1,855 49 

$116,209 12 
\ 38,920 90 

I 40,958 33 



391,915 00 

431,215 12 

185,946 00 
326,090 62 



* This loan is made with a principal and two sureties. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



45 



Number of accounts opened the previous year . . . 1,050 
Number of accounts closed the previous year .... 503 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: April 20. 



$0,000 00 
20,000 00 



Public Funds. 



( 


Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, coupons 
" " 4 s, registered 
" " 4-1 s, registered . 


$75,000 

275,000 

1,100 


-$86,812 50 

305,525 00 

1,243 00 


$75,000 00 

275,000 00 

1,100 00 




$351,100 


$393,580 50 


$351,100 00 



Eliot Nat'l Bank, Boston 


$4,000 


$4,810 00 


$4,000 00 


Webster Nat'l Bank, Boston . 


7,500 


8,362 50 


7,500 00 


Commerce Nat'l Bank, Boston 


5,600 


7,238 00 


5,600 00 


Blackstone Nat'l Bank, Boston 


5,000 


5,750 00 


5,000 00 


Washington Nat'l Bank, Boston 


5.000 


7,000 00 


5,000 00 


Hamilton Nat'l Bank, Boston . 


10,000 


12,325 00 


10,000 00 


Tremont Nat'l Bank, Boston . 


10,000 


12,200 00 


10,000 00 


Suffolk Nat'l Bank, Boston . 


15,000 


18,150 00 


15,000 00 


Globe Nat'l Bank, Boston 


5,000 


5,600 00 


5,000 00 


Union Nat'l Bank, Boston 


20,600 


31,672 50 


20,600 00 


Cambridge City N'l B'k, Cambridge, 


1,400 


2,310 00 


1,400 00 


Cambridgeport N'l B'k, C'bridgep't, 


4,000 


6,600 00 


4,000 00 


First Nat'l Bank, Cambridge . 


5,000 


8,250 00 


5,000 00 




$98,100 


$130,268 00 


$98,100 00 



46 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CAMBRIDGE SAVINGS BANK — CAMBRIDGE. 

Incorporated April 2, 1834. Number of corporators, 74. 
Charles W. Sever, President. Treasurer, James M. Thurston. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


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


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, 
Expense account . 
Cash on hand 


$271,191 25 

287,934 73 

18,400 00 

155,273 46 

706,251 00 

296,917 00 

142,508 97 

1,409 65 

1,573 81 




$1,881,459 87 


$1,881,459 87 



Loans on Bank Stock, amount on each : — 
On 4 shares Merchants' National Bank, Boston . 
On 200 shares American Loan and Trust Company, Boston * . 



$400 00 
18,000 00 



Cash on Deposit in Banks, amount in each : — 

Charles River National Bank, Cambridge 

Maverick National Bank, Boston ...... 

Manufacturers' National Bank, Boston 

National Bank of Redemption, Boston 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for / 2 per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws : fourth Thursday in 

January and July. 
The total amount of loans, with each specified rate of interest: 

$155,000, 3| per cent; $133,000, 4 per cent; $20,000, 4£ per cent; 

$3,000, 5 per cent; $200, 5£ per cent; $213,826, 6 per cent; 

$126,417, 6£ per cent; $248,750, 7 per cent; $112,375, 7£ per cent; 

$9,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 323 

Aggregate amount of the same 

Number of open accounts 5,177 

Number and amount of deposits received for previous year, 4,607 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 259 



$15,648 S8 

111,764 29 

9,558 92 

5,536 88 

$155,273 46 

164,000 00 

7,900 00 

2,481 16 

$90,070 13 
| 32,692 53 
I 33,813 33 



446,321 00 



328,115 10 



147,303 77 



* The attention of this bank was called to the illegality of this loan. 



1882]. 



PUBLIC DOCUMENT— No. 8. 



47 



Number and amount of withdrawals 

Number of accounts opened the previous year 

Number of accounts closed the previous year .... 537 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond . 

Date of examination by commisioner: April 28. 



3,438 $288,109 45 
. 816 



5,000 00 
20,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 3-|s . 

State, city, and town bonds 
State of Massachusetts 5, 
City of Newburyport 6s 

of Fitchburg 6 s 

of Fall River 6s 

of Lowell 6s 

of Providence, 11. 1., 5s 

of Cambridge 6s 

of Boston 4s 

of Boston 6s 

of Boston 5s 
Town of Westborough 5s 



$100,000 



$4,000 
18,000 
25,000 
20,000 
20,000 
22,000 
22,000 

1,000 
15,000 

2,000 
14,000 



$263,000 



$102,000 00 


$4,300 00 


20,000 00 


28,000 00 


22,000 00 


23,000 00 


24,500 00 


25,500 00 


1,100 00 


19,000 00 


2,200 00 


15,000 00 


$286,600 00 



$103,718 75 



$4,000 00 
18,090 00 
25,125 00 
19,000 00 
19,400 00 
24,035 00 
21,932 50 

1,000 00 
17,775 00 

2,240 00 
14,875 00 

$271,191 25 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Howard Nat'l Bank, Boston . 
Market Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Shawmnt Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Third Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston . 
Eagle Nat'l Bank, Boston 
Hide and Leather* Nat'l B'k, Boston 
Revere Nat'l Bank, Boston 
Union Nat'l Bank, Boston 



$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 

20,000 

10,000 

11,700 

12,500 

1,100 

1,100 

2,800 

14,600 

500 



$19,716 00 

29,680 00 

2,038 50 

12,010 75 

5,502 00 

1,062 25 

7,659 00 

11,000 00 

14,934 00 

6,264 00 

19,430 00 

1,260 00 

6,250 00 

17,545 00 

21,300 00 

10,200 00 

14,274 00 

16,000 00 

1,585 00 

1,300 00 

3,220 00 

17,812 00 

765 00 



$19,054 25 

29,134 37 

2,203 25 

12,489 12 

5,484 75 

997 25 

8,919 26 

11,590 00 

12,831 49 

6,280 63 

18,207 25 

1,206 25 

5,481 25 

17,836 50 

20,598 12 

11,515 88 

14,003 25 

15,309 99 

1,575 75 

1,241 88 

3,144 00 

17,499 99 

719 00 



48 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 



Tar Value. 



Estimated 
Market Value. 



Amount Invested. 



Charles River Nat'l B'k, Cambridge, 
Newton Nat'l Bank, Newton . 
Rockland Nat'l Bank, Roxbury 
Naumkeag Nat'l Bank, Salem 
First Nat'l Bank, New Bedford 
Commerce Nat'l Bank, New Bedford, 
First Nat'l Bank, Leominster . 
S. Franiingham N'l B'k, S. Fram'm, 



$2,500 
4,600 
3,000 
5,000 
G,000 
5,000 

10,000 
5,000 



$242,700 



$4,375 


00 


4,968 


00 


4,200 00 


9,750 


00 


7,500 00 


6,250 


00 


11,000 


00 


5,000 


00 


•$293,850 


50 



$2,526 
5,8S0 
4,625 
7,800 
7,420 
6,160 

11,200 
5,000 



00 
00 
25 
00 
00 
00 
00 
00 



$2S7,93± 73 



1882.] 



PUBLIC DOCUMENT — No. 8. 



49 



CANTON INSTITUTION FOR SAVINGS - CANTON. 

Incorporated 1835. Number of corporators, 31. • 
Charles H. French, President. Treasurer, Francis "W. Deane. 

Statement. 



Liabilities. 

f 


Assets. 


Deposits 


$411,896 48 


Public funds 


$37,000 00 


Earnings undivided . 


9,966 97 


Bank stock .... 


55,300 00 


Guaranty fund . ^ 


9,511 90 


Loans on bank stock . 


5,400 00 






Railroad bonds . 


22,500 00 






Real estate by foreclosure . 


18,995 00 






Loans on real estate . 


191,786 00 






Loans on personal security, 


18,875 00 






Loans to counties, cities, or 








towns 


51,109 00 






Deposit in bank on interest, 


30,188 16 






Expense account . 


222 19 




$431,375 35 


$431,375 35 



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

Cash on Deposit in Bank : — 
Neponset National Bank, Canton 

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 . 



$4,000 00 
1,400 00 



$30,188 16 

$18,995 00 

18,000 00 

1,383 57 

285 08 



Whole amount of interest or profits received or earned . . . $22,875 88 
Rate and amount of each semi-annual dividend for ) 2 per cent . j 7,373 44 

previous year ) 2 per cent . i 7,716 78 

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 per cent. 
The total amount of loans, with each specified rate of interest: 

$30,109,4 percent; $16,000, 4£ per cent; $15,000, 5 per cent; 

$191,086, 6 per cent; $14,975, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 199 

Aggregate amount of the same 204,070 00 

Number of open accounts 1,477 

Number and amount of deposits received for previous year, 1,001 81,169 00 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 59 29,901 00 

Number and amount of withdrawals 552 58,638 84 

Number of accounts opened the previous year . . . . 241 
7 



50 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts closed the previous year .... 148 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 8. 



$1,189 35 
10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, consols, registered, 

City and town bonds : — 
City of Providence, R.I., 5s . 

of Lynn 6s ... 

of Lynn 5s ... 
Town of Waken eld 6s 


$20,000 

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


$23,200 00 

$11,200 00 
2,160 00 
1,000 00 
4,080 00 


$20,000 00 

$10,000 00 
2,000 00 
1,000 00 
4,000 00 




$37,000 


$41,640 00 


$37,000 00 



Bank Stock, 



Neponset Nat'l Bank, Canton . 
North Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Atlas Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Central Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Pacific Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 



$11,300 
1,700 
3,300 
2,500 
2,500 
4,000 
2.500 
2,500 
5,000 
10,000 
5,000 
2,500 
2,500 



$15,455 00 
2,314 00 
3,679 50 
2,812 50 
3,125 00 
4,800 00 
3,000 00 
2.S75 00 
5,4S7 50 
10,500 00 
5,750 00 
3,000 00 
2,787 50 



$55,300 $65,586 00 



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



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



$55,300 00 



Railroad Bonds. 



Boston and Albany Railroad 7s 
Boston and Maine Railroad 7s . 
Eastern Railroad 4-^s 



$12,000 
5,000 
5,500 



$22,500 



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



$27,626 25 



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



$22,500 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



51 



CAPE ANN SAVINGS BANK — GLOUCESTER. 

Incorporated. 1846. Number of corporators, 50. 
Addison Gilbert, President. Treasurer, George J. Marsh. 

Statement. 



Liabilities 


. 


Assets. 


Deposits 


$1,161,642 04 


1 
Public funds 


$77,000 00 


Earnings undivided . 


11,813 20 


Loans on public funds 


4,000 00 


Guaranty fund . 


34,000 00 


Bank stock . . . 


201,400 00 


Surplus 


13,695 82 


Loans on bank stock . 


18,000 00 


Sundry accounts . 


1,096 34 


Railroad bonds . 


31,875 00 






Real estate .... 


6,000 00 






Real estate by foreclosure . 


8,053 68 






Loans on real estate . 


. 473,443 00 






Loans on personal security, 


283,700 00 






Loans to counties, cities, or 








towns . . . . . 


105,500 00 






Deposit in banks on interest, 


10,320 52 






Expense account . 


6 86 






Sundry accounts . 


323 97 






Cash on hand 


2,624 37 




$1,222,247 40 


$1,222,247 40 



Loans on Public Funds, amount on each : — 
On $4,000 United States 4s, coupon bonds 

Loans on Bank Stock, amount on each: — 
On 53 shares City National Bank, Gloucester . 
On 9 shares Salem National Bank, Salem 
On 10 shares Hide and Leather National Bank, Boston . 
On 5 shares National Bank of the Commonwealth, Boston 
On 2 shares Mechanics' National Bank, Boston . 
On 9 shares Rockport National Bank, Rockport . 
On 100 shares City National Bank, Gloucester . 



. $4,000 00 



■ $8,000 00 



10,000 00 



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



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year . . ) 2 per cent 

Times for the dividends fixed by the by-laws : April 1 and Oct. 1. 



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

$6,000 00 
7,000 00 
8,053 68 

10,000 00 

1,087 57 

317 78 

$67,194 55 
19,674 47 
21,124 89 



52 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5fV per C£nt. 
The total amount of loans, with each specifiea rate of interest: 

$63,000, 4 per cent; $20,000, 4£ per cent; $24,000, 4£ per cent; 

$25,000, 4§ per cent; $226,000, 5 per cent; $40,000, 5£ per cent; 

$2,000 5| per cent; $118,050, 6 per cent; $339,968, 7 per cent; 

$26,625, 7-i% per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .423 

Aggregate amount of the same 

Number of open accounts 4,330 

Number and amount of deposits received for previous year, 3,862 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 159 

Number and amount of withdrawals .... 3,048 

Number of accounts opened the previous year .... 985 
Number of accounts closed the previous year .... 568 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond . 

Date of examination by commissioner: July 26. 



$339,243 00 

277,295 32 

132,616 00 
178,704 46 



3,358 28 
20.000 00 



Public Fukds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, registered 

City and town bonds : — 
City of Charlestown, 1891 
of Cambridge, 1894 . 
of Fall River, 1891 . 
of Lowell, 1890 
of Lawrence, 1894 . 
of Northampton, 1892 
of Salem, 1891 and 1882 
of Somerville, 1884 . 
Town of Brookline, 1889 . 


• 


$5,000 

$12,000 

10,000 

8,000 

15,000 

5,000 

5,000 

2,000 

10,000 

5,000 


$5,850 00 

$13,800 00 

11,500 00 

9,200 00 

17,250 00 

5,750 00 

5,750 00 

2,300 00 

11,500 00 

6,100 00 


$5,000 00 

$12,000 00 

10,000 00 

8,000 00 

15,000 00 

5,000 00 

5,000 00 

2,000 00 

10,000 00 

5,000 00 


• 




$77,000 


$89,000 00 


$77,000 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$10,000 


$13,000 00 


$10,000 00 


Atlantic Nat'l Bank, Boston . 


10,000 


15,500 00 


10,000 00 


Blackstone Nat'l Bank, Boston 


11,200 


14,560 00 


11,200 00 


Cape Ann Nat'l Bank, Gloucester . 


8,500 


12,750 00 


8,500 00 


City Nat'l Bank, Gloucester . 


10,000 


12,000 00 


10,000 00 


City Nat'l Bank, Boston . 


5,000 


6,350 00 


5,000 00 


Central Nat'l Bank, Boston 


5,000 


6,100 00 


5,000 00 


Commerce Nat'l Bank, Boston 


10,000 


13,000 00 


10,000 00 


Eagle Nat'l Bank, Boston 


10,000 


12,100 00 


10.000 00 


Everett Nat'l Bank, Boston 


3,000 


3,540 00 

• 


3,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



53 



Bank Stock — Concluded. 



• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Freeman's Nat'l Bank, Boston . 
Exchange Nat'l Bank, Boston . 
Gloucester Nat'l Bank, Gloucester . 
Georgetown Nat'l B'k, Georgetown . 
Globe Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Hamilton Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
North Nat'l Bank, Boston 
North America Nat'l Bank, Boston . 
New England 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 . 


$5,000 

5,000 

5,000 

5,000 

200 

5,000 

5,000 

10,000 

10,000 

10,000 

4,000 

2,500 

16,600 

5,000 

5,400 

5,000 

10,000 

5,000 

5,000 


$6,350 00 

7,400 00 

6,500 00 

5,000 00 

228 00 

6,550 00 

6,200 00 

15,000 00 

14,400 00 

12,000 00 

6,120 00 

3,250 00 

22,576 00 

6,600 00 

7,290 00 

7,700 00 

12,600 00 

6,400 00 

6,300 00 


$5,000 00 

5,000 00 

5,000 00 

5,000 00 

200 00 

5,000 00 

5,000 00 

10,000 00 

10,000 00 

10,000 00 

4,000 00 

2,500 00 

16,600 00 

5,000 00 

5,400 00 

5,000 00 

10,000 00 

5,000 00 

5,000 00 




$201,400 


$267,364 00 


$201,400 00 



Railroad Bonds. 



Eastern Railroad, 1906 . 




$31,875 00 



54 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CAPE COD FIVE CENTS SAVINGS BANK — HARWICH. 

Incorporated 1855. Number of corporators, 78. 
Samuel H. Gould, President. Treasurer, Marshall S. Uxdekwood. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 


$231,032 96 
5,388 51 1 


Bank stock .... 
Beal estate .... 


$47,151 00 
1,635 33 


Guaranty fund . 


840 56 


Real estate (to secure in- 
debtedness) 


21.413 00 






Beal estate by foreclosure . 
Loans on real estate . 


4,992 00 
63,565 69 






Loans on personal security, 


70,574 12 






Loans to counties, cities, or 








towns ..... 


10.887 50 






Deposit in bank on interest, 
Cash on hand 


16,157 33 
886 06 




8237,262 03 


8237,262 03 



Cash on Deposit in Bank: — 
Cape Cod National Bank, Harwich .... 

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



Whole amount of interest or profits received or earned . 
Bate and amount of each semi-annual dividend for / 2 per cent 

previous year ".52 per cent 

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: 

$5,500, 5 per cent; $20,975, 6 per cent; $11,556.81, 6i percent; 

$106,995.50, 7 per cent. 
Number of outstanding loans which are of an amount not 



:i 



$16,157 


33 


$1,635 33 


1,635 


33 


4,992 


00 


3,500 


00 


190 00 


275 


00 


$20,347 


56 


4.096 48 


4,217 


08 



exceeding $3,000 each 

Aggregate amount of the same ....... 

Number of open accounts . ( 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . 
Number and amount of withdrawals . . 

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

Amount of treasurer's bond 

Date of examination by commissioner: June 21. 



313 



• 


115.558 31 


1,710 




455 


62,999 90 


57 


27,097 29 


625 


45,076 60 


169 




263 




• 


1,000 00 


• 


10,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



55 



Bank Stock. 



- 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Cape Cod Nat'l Bank, Harwich 


$7,100 


$9,940 00 


$9,798 00 


First Nat'l Bank, Yarmouthport 


6,300 


8,190 00 


8,064 00 


Nat'l Bank of the Republic, Boston, 


1,500 


1,965 00 


1,950 00 


Shawmut Nat'l Bank, Boston . 


3,200 


4,080 00 


3,952 00 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,365 00 


2,380 00 


Blackstone Nat'l Bank, Boston 


2,700 


3,105 00 


3,138 00 


Nat'l Bank of Commerce, Boston 


1,700 


2,189 00 


2,129 00 


Revere Nat'l Bank, Boston 


3,000 


3,660 00 


3,675 00 


Nat'l Bank of N. America, Boston . 


1,600 


1,840 00 


1,836 00 


State Nat'l Bank, Boston 


4,400 


5,522 00 


5,544 00 


Everett Nat'l Bank, Boston 


4,000 


4,685 00 


4,685 00 




$37,500 


$47,541 00 


$47,151 00 



56 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CENTRAL SAVINGS BANK — LOWELL. 

Incorporated March 3, 1871. Number of corporators, 91. 
Oliver H. Moulton, President. Treasurer, Samuel A. Chase. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 
Guaranty fund . 
Interest 



$1,031,655 53 
21,558 24 
14,185 90 
202 00 \ 


$1,067,601 67 



Public funds 

Loans on public funds 

Bank stock . 

Beal estate by foreclosure 

Loans on real estate . 

Loans on personal security, 

Deposit in banks on interest, 

Expense account . 

Cash on Land 



$23,000 00 

7,000 00 

200,333 75 

175,250 00 

463,098 00 

87,950 00 

110,284 28 

15 50 

670 14 



$1,067,601 67 



Loans on Public Funds, amount on each: — 

On $5,000 United States 4s and 4-£s 

On $1,000 City of Chelsea 6s and $1,000 City of Lawrence 6s 



85,000 00 
2,000 00 



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



$102,738 72 
7,545 56 



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



$175,250 00 

186,800 00 

15,731 90 

3,343 81 



Whole amount of interest or profits received or earned . 
Bate and amount of each semi-annual dividend for I 2 per cent 

previous year » 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: 

$27,000, 4i per cent; $37,800, 5 per cent; $21,250, 5| per cent; 
" $385,148, 6 per cent; $14,250* 6* per cent; $71,400, 7 per cent; 

$1,200, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 100 

Aggregate amount of the same 

Number of open accounts 2,986 

Number and amount of deposits received for previous year, 2,557 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 274 

Number and amount of withdrawals .... 1,954 

Number of accounts opened the previous year .... 732 
Number of accounts closed the previous year .... 486 



:l 



$59,460 89 
16,602 05 
18,108 62 



149,928 00 

281,069 36 

160,271 00 
191,290 56 






1882.] 



PUBLIC DOCUMENT — No. 8. 



57 



Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : July 19. 



$3,930 91 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds: — 
City of Haverhill 6s 
Town of Methuen .... 


$4,000 
19,000 


$4,300 00 
20,500 00 


$4,000 00 
19,000 00 


/ 


$23,000 


$24,800 00 


$23,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 


$10,000 


$15,100 00 


$14,000 00 


Blackstone Nat'l Bank, Boston 


8,700 


10,392 00 


11,100 00 


Boston Nat'l Bank, Boston 


5,000 


6,500 00 


6,000 00 


Central Nat'l Bank, Boston 


20,000 


24,000 00 


20,000 00 


City Nat'l Bank, Boston . . 


10,000 


12,400 00 


12,000 00 


Commerce Nat'l Bank, Boston 


9,800 


12,446 00 


9,800 00 


Eliot Nat'l Bank, Boston 


9,500 


11,335 00 


11,000 00 


Hide and Leather Nat'l Bank, Boston, 


1,500 


1,755 00 


1,600 00 


Market Nat'l Bank, Boston 


5,000 


5,550 00 


5,500 00 


Maverick Nat'l Bank, Boston . 


1,000 


2,500 00 


1,217 oO 


Merchants' Nat'l Bank, Boston 


5,000 


7,350 00 


6,756 25 


Metropolitan Nat'l Bank, Boston 


2,000 


2,440 00 


2,000 00 


Redemption Nat'l Bank, Boston 


6,000 


7,980 00 


8,000 00 


Republic Nat'l Bank, Boston . 


2,700 


3,560 00 


3,415 50 


Second Nat'l Bank, Boston 


7,000 


10,570 00 


10,000 00 


Shawmut Nat'l Bank, Boston . 


6,300 


7,869 00 


8,086 00 


Suffolk Nat'l Bank, Boston . 


5,000 


6,150 00 


6,112 50 


Shoe and Leather Nat'l B'k, Boston, 


4,200 


4,788 00 


5,000 00 


Webster Nat'l Bank, Boston . 


2,400 


2,762 00 


2,400 00 


Appleton Nat'l Bank, Lowell . 


10,000 


17,000 00 


16,962 50 


First Nat'l Bank, Lowell 


2,000 


3,000 00 


2,740 00 


Merchants' Nat'l Bank, Lowell 


15,000 


19,500 00 


18,350 00 


Old Lowell Nat'l Bank, Lowell 


4,700 


5,875 00 


6,092 00 


Prescott Nat'l Bank, Lowell • 


1,000 


1,400 00 


1,000 00 


Railroad Nat'l Bank, Lowell . 


1,000 


1,200 00 


1,201 50 


Georgetown Nat'l Bank, Georgetown, 


10,000 


10,500 00 


10,000 00 




$164,800 


$213,922 00 


$200,333 75 

/ 



58 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CHARLESTOWN FIVE CENTS SAVINGS BANK — BOSTON. 

Incorporated 1854. Number of corporators, 124. 
P. J. Stone, President. Treasurer, Amos Stone. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$2,134,995 20 


Public funds 


3200,000 00 


Earnings undivided . 


135,080 31 


Loans on public funds 


2,500 00 


Guaranty fund . 


50,000 00 


Bank stock . ... 


602,000 00 






Loans on bank stock . 


500 00 






Real estate .... 


80,000 00 






Real estate by foreclosure . 


377,500 00 






Loans on real estate . 


948.826 00 






Loans on personal security, 


18,850 00 






Deposit in banks on interest, 


85,211 28 






Cash on baud 


4,688 23 




$2,320,075 51 


$2,320,075 51 



Loan on Public Funds: 
On $2,500 United States 4s 



Loans on Bank Stock : — 
On 5 shares Monument National Bank, Boston 

Cash on Deposit in Banks, amount in each: — 
Monument National Bank, Boston .... 
Maverick National Bank, Boston .... 

Amount invested in real estate (for banking purposes) 

Assessed value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for I 2| per cent . 

previous year > 2% per cent . 

Times for the dividends fixed by the bjMaws: third Wednesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7-§- per cent. 
The total amount of loans, with each specified rate of interest: 

$6,900, 5 percent; 3,100, 5£ per cent; $543,094, 6 percent; $94,880, 

6£ per cent; $307,582, 7 per cent; $200, 7fV percent; $9,400, 7i 

per cent ; $5,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 361 

Aggregate amount of the same . . 

Amount of investments from which no income is received 

Number of open accounts 7,099 

Number and amount of deposits received for previous year, 3,321 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 224 

Number and amount of withdrawals .... 3,882 



$2,500 00 



$500 00 



$66,384 49 
18,826 79 

$80,000 00 

90,300 00 

377,500 00 

382,850 00 

24,587 76 

8,513 29 

$160,289 94 
\ 52,93S 24 
I 53,162 52 



605.626 00 
6,000 00 

234,953 19 

134,366 38 
407,684 60 



1882.] 



PUBLIC DOCUMENT — No. 8. 



59 



Number of accounts opened the previous year .... 675 
Number of accounts closed the previous year . . . 1,145 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: April 12. 



$5,583 60 
30,000 00 



Public 


Funds. 






t 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^s .... 


$200,000 


1225,000 00 


$200,000 00 


Bank Stock. 



Boylston Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Revere Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Eliot Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 
Howard Nat'l Bank, Boston . 
Republic Nat'l Bank, Boston . 
Market Nat'l Bank, Boston 
Third Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
First Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Metropolitan Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Pacific Nat'l Bank, Boston 
First Ward Nat'l Bank, E. Boston 
Blue Hill Nat'l Bank, Dorchester 
Bunker Hill Nat'l B'k, Charlestown, 
Monument Nat'l Bank, Charlestown, 
Market Nat'l Bank, Brighton . 
Brighton Nat'l Bank, Brighton 
First Nat'l Bank, Lynn . 
Newton Nat'l Bank, Newton . 
Andover Nat'l Bank, Andover 
Wachusett Nat'l Bank, Fitchburg 
Railroad Nat'l Bank, Lowell . 
Home Nat'l Bank, Brockton 
Conway Nat'l Bank, Conway . 



$9,300 

44,000 

14,000 

37,000 

20,700 

16,100 

30,000 

20,000 

13,200 

17,100 

30,400 

24,200 

8,600 

10,000 

18,500 

16,100 

9,000 

11,900 

12,000 

2,000 

35,800 

26,300 

9,400 

4,800 

10,000 

5,000 

20,000 

15,000 

5,300 

25,000 

7,000 

2,700 

5,300 

21,700 

2,400 

2,400 

7,500 

15,000 

15,000 

4,000 



$603,700 



$11,904 00 
51,920 00 
19,880 00 
42,920 00 
25,254 00 
18,032 00 
36,000 00 
27,000 00 
33,000 00 
18,981 00 
39,520 00 
31,460 00 

9,460 00 
10,600 00 
22,385 00 
20,125 00 
11,430 00 
16,660 00 
14,640 00 

4,140 00 
44,750 00 
33,664 00 
10,810 00 

5,856 00 
12,000 00 

7,100 00 
20,900 00 
17,400 00 

5,830 00 
43,750 00 
14,350 00 



3,564 


00 


5,671 


00 


27,125 


00 


2,736 


00 


2,880 


00 


15,000 


00 


18,000 


00 


16,200 


00 


5,320 


00 


$778,217 00 



00 
00 
00 
00 
00 
00 
00 
00 



$9,300 00 

44,000 00 

14,000 

37,000 

20,700 

16,000 

30,000 

20,000 

12,900 

17,100 

30,400 00 

24,200 00 

8,600 00 
10,000 00 
18,500 00 
16,100 00 

9,000.00 
11,900 00 
12,000 00 

2,000 00 
35,800 00 
26,300 00 

9,400 00 

4,800 00 

9,300 00 

5,000 00 
20,000 00 
14,800 00 

5,300 00 
25,000 00 

7,000 

2,700 

5,100 
21,700 

2,200 

2,400 

7,500 
15,000 
15,000 

4,000 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



$602,000 00 



/ 



60 



BANK COMMISSIONERS' REPORT. [Jan. 



CHELSEA SAVINGS BANK — CHELSEA. 

Incorporated April 25, 1854. Number of corporators, 250. 

John H. Osgood, President. Treasurer, John F. Fellows. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$1,333,210 37 


Public funds 


6349,555 75 


Earnings undivided . 


15,975 57 


Bank stock .... 


110,689 55 


Guaranty fund . 


15,515 00 


Railroad bonds . 


11,225 00 






Real estate .... 


13,241 54 






Real estate by foreclosure . 


27,395 88 






Loans on real estate . 


581,204 66 






Loans on personal security, 


8,375 00 






Loans to counties, cities, or 








towns 


187,060 00 






Deposit in bank on interest, 


66,071 60 






Expense account . 


2,101 00 






Cash on hand 


7,780 96 




$ 1,3(34,700 94 


$1,364,700 94 



Cash on Deposit in Bank : — 
Hamilton National Bank, Boston .... 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for I 2 per cent 

previous year ) 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£ per cent. 
The total amount of loans, with each specified rate of interest: 

$147,060, 4£ percent; $10,000, 5 percent; $15,000, 54 per cent; 

$604,579.66, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 345 

Aggregate amount of the same 

Number of open accounts 6,249 

Number and amount of deposits received for previous year, 8,992 
Number and amount of deposits of and exceeding $300 at any 



$66,071 60 

SI 3, 241 54 

13,500 00 

27,395 88 

37,600 00 

1,419 00 

697 30 

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



one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : April 21. 



, 372 

4,724 

1,256 

729 



439,779 66 

402,6S7 95 

154,885 00 
290,344 59 



4,839 02 
25,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



61 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


130,000 


$33,862 50 


$31,068 75 


State, city, and town bonds: — 








State of Maine 


$47,600 


$54,859 00 


$47,600 00 


of New Hampshire 




9,200 


11,592 00 


10,635 75 


of Rhode Island 




2,000 


2,020 00 


1,935 00 


City of Chelsea 






12,000 


14,160 00 


13,880 00 


of Boston 






44,000 


55,430 00 


51.136 25 


of Charlestown 






10,000 


11,500 00 


11,190 00 


of fltchburg •. 






2,000 


2,320 00 


2,280 00 


of Worcester . 






21,000 


21,340 00 


22,660 00 


of Soraerville . 






10,000 


10,400 00 


10,000 00 


of Lynn . 






6,000 


6,960 00 


7,050 00 


of Cambridge . 






19,000 


21,850 00 


20,790 00 


of Lowell 






4,000 


4,560 00 


4,542 50 


of Fall River . 






5,000 


7,250 00 


5,550 00 


of Lawrence 






36,000 


44,530 00 


40,527 50 


of Taunton 






2,000 


2,340 00 


2,340 00 


of Manchester, N.H 






4,000 


4,320 00 


4,000 00 


of Lewiston, Me. 






16,000 


16,800 00 


16,480 00 


of Burlington, Vt. 






2,500 


2,700 00 


2,500 00 


of Providence, R.I. 






15,000 


15,900 00 


15,525 00 


of Hartford, Conn. 






1,000 


1,160 00 


1,172 50 


Town of Wo burn . 






5,000 


5,700 00 


5,412 50 


of Winthrop . 






11,000 


11,660 00 


11,165 00 


of Everett 






1,000 


1,130 00 


1,170 00 


of Provincetown 






1,000 


1,030 00 


1,000 00 


of Brookline . 






5,000 


5,600 00 


5,625 00 


of Danvers 






2,000 


2,200 00 


2,320 00 








$323,300 


$373,173 50 


$349,555 75 



Bank Stock. 



North Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Massachusetts Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Exchange Nat'l Bank, Boston . 
North America 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 . 
Eagle Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Market Nat'l Bank, Boston 



$1,500 
3,600 
6,750 
4,000 

700 
7,000 
1,400 

500 
2,500 
8,400 
2,500 

700 
4,300 
1,800 

500 
2,000 

600 



$2,160 00 
4,608 00 
8,370 00 
4,720 00 

903 
7,140 
2,026 

580 

3,200 

10,416 00 

3,125 00 

847 
5,332 
2,124 

620 
2,560 

660 



00 
00 
00 
00 
00 



00 
00 
00 
00 
00 
00 



$1,664 55 
3,811 50 
9,122 40 
4,845 70 

700 
7,556 
1,763 

518 
2,776 
9,819 35 
2,934 00 

845 
4,956 
2,002 

602 
2,329 

646 



00 
13 
05 
75 

50 



85 
15 
95 
50 
37 
50 



62 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Commonwealth Nat'l Bank, Boston, 


$2,500 


$3,125 00 


$3,000 00 


Webster Nat'l Bank, Boston . 


2,500 


2,750 00 


2,750 00 


Republic Nat'l Bank, Boston . 


10,000 


12,800 00 


13,137 50 


Mechanics' Nat'l Bank, Boston 


900 


1,143 00 


1,170 00 


Atlantic Nat'l Bank, Boston . 


3,800 


5,814 00 


5,804 50 


Everett Nat'l Bank, Boston 


3,800 


4,375 00 


4,422 25 


Third Nat'l Bank, Boston 


5,000 


5,300 00 


5,381 25 


Redemption Nat'l Bank, Boston 


6,300 


8,316 00 


8,410 50 


First Nat'l Bank, Chelsea 


6,600 


8,250 00 


6,671 30, 


First Nat'l Bank, South Weymouth, 


2,000 


2,500 00 


2,420 50 


Exchange" Nat'l Bank, Salem . 


500 


590 00 


626 50 




$92,650 


$114,354 00 


$110,689 55 



Railroad Bonds. 



Salem and Lowell Railroad 




1882.] 



PUBLIC DOCUMENT — No. 8. 



63 



CHICOPEE FALLS SAVINGS BANK — CHICOPEE FALLS. 

Incorporated March 20, 1875. Number of corporators, 41. 
Josiah W. Osgood, President. Treasurer, Edgar T. Paige. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Guaranty fund . 
Profit and loss 
Interest 


$81,227 78 

513 46 

517 10 

31 60 


Public funds 

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


$3,050 00 
16,535 00 
42,017 00 

17; 882 97 
2,804 97 


i 


$82,289 94 


$82,289 94 



Cash on Deposit in Bank : — 
City National Bank, Springfield 



$2,694 97 



Whole amount of interest or profits received or earned . . . $4,025 91 
Bate and amount of each semi-annual dividend for ) 2| per cent . ( 1,396 39 

previous year > 2£ per cent . t 1,591 39 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4^ per cent. 
The total amount of loans, with each specified rate of interest: 

$5,465, 5 per cent; $4,200, 5£ per cent; $5,000, 5| per cent; 

$43,730.19, 6 per cent; $425, 6i per cent; $1,079.78, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . . ... . . 56 

Aggregate amount of the same 49,434 97 

Number of open accounts . 339 

Number and amount of deposits received for previous year . 586 35,949 51 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . . . .24 16,023 59 

Number and amount of withdrawals 256 24,698 70 

Number of accounts opened the previous year .... 83 
Number of accounts closed the previous year .... 81 
Amount of expenses of the corporation during previous year . 79 40 

Amount of treasurer's bond 5,000 00 

Date of examination by commissioner: Oct. 19. 



Public Funds. 



Par Value." 



Estimated 
Market Value. 



Amount Invested. 



United States 4s 



$3,050 



$3,538 00 



$3,050 00 



64 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank 


Stock. 






* 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


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


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


$6,250 00 
1,200 00 
7,000 00 
3,900 00 


$5,000 00 
1,120 00 
6,785 00 
3,630 00 




$13,000 


$18,350 00 


$16,535 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



65 



CHICOPEE SAVINGS BANK - CHICOPEE. 

Incorporated 1845. Number of corporators, 54. 
John B. Wood, President. Treasurer, H. H. Harris. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 
Guaranty fund . 
Bills payable 
Special deposit . 


$487,959 70 

5,295 97 

5,373 29 

10,000 00 

42 87 


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, 
Cash on band 


$1,000 00 
25,000 00 
13,400 00 
17,000 00 
316,566 25 
65,280 57 

41,900 00 

24,677 40 

3,847 61 




$508,671 83 


$508,671 83 



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



$2,000 00 
* | 11,400 00 



Cash on Deposit in Banks, amount in each: — 
National Bank of the Commonwealth 
Hampshire County National Bank 



$10,677 40 
14,000 00 



Whole amount of interest or profits received or earned . . . $27,262 52 
Rate and amount of each semi-annual dividend for \ 2 per cent . ( 8,790 87 

previous year ) 2 per cent . 1 8,853 36 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$8,000, 4 per cent; $5,000, 4£ per cent; $127,950, 5 per cent; 

$5,500, 5£ per cent; $304,696.82, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 257 

Aggregate amount of the same 201,111 82 

Number of open accounts 1,397 

Number and amount of deposits received for previous year, 1,516 172,745 39 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 102 82,666 89 

Number and amount of withdrawals .... 1,198 148,133 73 

Number of accounts opened the previous year .... 276 

Number of accounts closed the previous year .... 204 

Amount of expenses of the corporation during previous year . . 2,139 06 

Amount of treasurer's bond . 10,000 00 

Date of examination by commissioner: Oct. 19. 

9 



66 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 


$1,000 


$1,100 00 


$1,000 00 


Bank Stock. 



First Nat'l Bank, Chicopee 
Chapin Nat'l Bank, Springfield 
City Nat'l Bank, Springfield . 
Palmer Nat'l Bank, Palmer 
Maverick Nat'l Bank, Boston . 



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




$15,000 00 
7,260 00 
3,300 00 
3,150 00 
2,400 00 



$31,110 00 



$10,000 00 
6,600 00 
3,000 00 
3,000 00 
2,400 00 



$25,000 00 



Railroad Bonds. 



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



$12,000 
5,000 



$17,000 



$13,200 00 
5,500 00 



$18,700 00 



$12,000 09 
5,000 00 



$17,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



67 



CITIZENS' SAVINGS BANK — FALL RIVER. 

Incorporated 1851. Number of corporators, 56. 
Joseph Osborn, President. Treasurer, E. E. Hathaway. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


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


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


$285,791 50 

10,711 42 

970,302 00 

773,804 87 

1,369 12 

10,944 44 




$2,052,923 35 


$2,052,923 35 



Cash on Deposit in Bank: — 
Pocasset 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 . 



$8,775 29 

$10,711 42 

6,700 00 

387 31 

127 30 



$103,286 83 
42,384 29 
44,843 39 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2h per cent . ( 

previous year ) 1\ 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: 

$213,000, 4 per cent; $64,500, 4£ per cent; $1,466,606.87, 5 per 

cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 219 

Aggregate amount of the same • 

Amount of investments from which no income is received 

Number of open accounts 3,448 

Number and amount of deposits received for previous year, 8,606 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 379 

Number and amount of withdrawals . . . . 2,155 

Number of accounts opened the previous year . . . 910 

Number of accounts closed the previous year .... 491 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond > 15,000 00 

Date of examination by commissioner : July 18. 

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



314,642 00 
14,000 00 

467,838 55 

249,592 51 
267,371 85 



5,979 05 



68 



BANK COMMISSIONERS' REPORT. [Jan. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


First Nat'l Bank, Boston. 


$25,000 


$51,937 50 


$25,000 00 


Second Nat'l Bank, Fall River 


18,000 


20,700 00 


18,000 00 


Hide and Leather Nat'l B'k, Boston, 


22,500 


26,212 50 


22,500 00 


Commerce Nat'l Bank, Boston 


7,500 


9,636 25 


7,500 00 


Fall River Nat'l Bank, Fall River . 


14,400 


19,440 00 


13,012 50 


Pocasset Nat'l Bank, Fall River 


80,000 


108,000 00 


80,000 00 


Maverick Nat'l Bank, Boston . 


5,400 


13,500 00 


4,779 00 


Howard Nat'l Bank, Boston . 


14,000 


18,217 50 


14,000 00 


Eliot Nat'l Bank, Boston . 


7,900 


9,499 75 


7,900 00 


Metacomet Nat'l Bank, Fail River . 


28,700 


35,875 00 


28,700 00 


Revere Nat'l Bank, Boston 


28,100 


34,282 00 


28,100 00 


Union Nat'l Bank, Fall River . 


15,500 


17,660 00 


15,500 00 


Merchants' Nat'l Bank, Boston 


5,000 


7,312 50 


5,000 00 


Redemption Nat'l Bank, Boston 


6,700 


9,053 37 


6,700 00 


Railroad Nat'l Bank, Lowell . 


2,500 


3,062 50 


2,500 00 


Massasoit Nat'l Bank, Fall River . 


5,200 


9,100 00 


5,200 00 


Washington Nat'l Bank, Boston 


1,400 


1,960 00 


1,400 00 




$2S7,S00 


$395,448 87 


$285,791 50 



1882.] 



PUBLIC DOCUMENT— -No. 8. 



69 



CITY FIVE CENTS SAYINGS BANK — HAVERHILL. 

Incorporated 1870. Number of corporators, 49. 

John B. Nichols, President. Treasurer, George W. Notes. 

Statement. 



Liabilities 


5. 


Assets. 


Deposits 


$510,074 49 


Public funds 


$30,000 00 


Earnings undivided . 


121,776 80 


Loans on public funds 


2,725 00 


Guaranty fund . 


4,775 00 


Bank stock .... 


45,598 33 






Loans on bank stock . 


950 00 






Railroad bonds 


77,000 00 






Real estate by foreclosure . 


178,831 20 






Loans on real estate . 


231,013 00 






Loans on personal security, 


13,553 00 






Loans to counties, cities, or 








towns 


13,000 00 






Deposit in bank on interest, 


4,925 60 






Premium account 


3,664 35 






Protit and loss account 


35,365 81 




$636,626 29 


$636,626 29 



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



$2,725 00 



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



$650 00 
300 00 



Cash on Deposit in Bank : — 
First National Bank, Haverhill . 



$4,925 60 



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 . 



$178,831 20 

114,600 00 

6,980 75 

1,695 41 



Whole amount of interest or profits received 
Rate and amount of each semi-annual dividend for ) 1| per cent 
previous year » 2 per cent 



) 1| per cent . j 
' 2 per cent . ( 



$37,290 52 

9,895 00 

10,521 60 



Times for the dividends fixed by the by-laws: first Wednesday in 

June and December. 
The total amount of loans, with each specified rate of interest: 

$2,000, 4 per cent; $18,815, 5 per cent; $185,463, 6 per cent; 

$44,063, 7 per cent; $4,400, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 131 

Aggregate amount of the same 140,928 00 

Amount of investments from which no income is received . . 10,117 44 
Number of open accounts 



2,960 



70 



BANK COMMISSIONERS' REPORT. [Jan. 



Number and amount of deposits received for previous year . 675 $62,740 99 
Number and amount of deposits of and exceeding $300 at any- 
one time for tbe previous year 38 19,093 70 

Number and amount of withdrawals .... 2,223 

Number of accounts opened the previous year .... 242 
Number of accounts closed the previous year . . . 1,479 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : April 30. 



304,S0S 48 



2,271 17 
15,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds : — 
City of Lawrence .... 
of Haverhill .... 
Town of Marlborough 
of Provincetown 


$10,000 

11,000 

5,000 

4,000 


$11,400 00 

11,700 00 

5,400 00 

4,040 00 


$10,000 00 

11,000 00 

5,000 00 

4,000 00 




$30,000 


$32,540 00 


$30,000 00 



Bank Stock. 



First Nat'l Bank, Haverhill . 


$19,400 


$25,220 00 


$24,143 08 


Merrimack Nat'l Bank, Haverhill . 


500 


750 00 


690 00 


Tremont Nat'l Bank, Boston . 


3,000 


3,660 00 


3,783 75 


Massachusetts Nat'l Bank, Boston . 


3,000 


3,720 00 


3,660 00 


Merchants' Nat'l Bank, Boston 


2,500 


3,650 00 


3,173 75 


Continental Nat'l Bank, Boston 


7,400 


8,778 00 


9,247 75 


Commerce Nat'l Bank, Boston 


900 


1,161 00 


900 00 




$3(3,700 


$46,939 00 


$45,598 33 



Railroad Bonds. 



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



$54,000 
13,000 
10,000 



$77,000 



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



$96,715 00 



$54,000 00 
13,0d0 00 
10,000 00 



$77,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



71 



CITY INSTITUTION FOR SAYINGS - LOWELL. 

Incorporated 1837. Number of corporators, 68. 
N. Allen, President. Treasurer, F. A. Buttrick. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$3,343,009 20 

132,573 71 

55,000 00 


Public funds 

Bank stock .... 

Loans on bank stock . 

Railroad bonds 

Loans on real estate . 

Loans on personal security, 

Loans to counties, cities, or 

Deposit in bank on interest, 

Expense account . 

Cash on hand . . . 


$161,600 00 

673,480 00 

25,847 00 

223,500 00 

1,520,516 63 
603,472 22 

294,000 00 

24,755 71 

1,893 20 

1,518 15 




$3,530,582 91 


$3,530,582 91 



Loans on Bank Stock, amount on each : — 
On 200 shares Appleton National Bank, Lowell 
On 46 shares First National Bank, Lowell 
On 10 shares Merchants' National Bank, Lowell . 
On 25 shares Wamesit National Bank, Lowell 
On 9 shares Hide and Leather National Bank, Boston 



Cash on Deposit in Bank: — 
Appleton National Bank, Lowell 



Whole amount of interest or profits received 

Rate and amount of each semi-annual dividend for ) 2 per cent . 
previous years y 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 : January, 1881, 5 per cent. 

The total amount of loans, with each specified rate of interest: 
$32,250, 4 per cent ; $25,000, 4£ per cent; $1,207,936.52, 5 per cent: 
$38,000, 5± per cent; $222,000, H per cent; $877,949.33, 6 per 
cent; $8,600, 6£ per cent; $40,000, 6^fr per cent; $60,000, 6£ per 
cent ; $904,680, 7 per cent; $40,000, 7| per cent; $46,000, 9 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 146 

Aggregate amount of the same 

Number of open accounts 8,894 

Number and amount of deposits received for previous year, 7,800 

Number and amount of deposits of and exceeding $300 at any 



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

2,000 00 



$24,755 71 

$216,733 02 
f 57,598 11 
I 61,264 40 



one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : June 14. 



360 
4,158 

1,847 
1,048 



208,504 33 

788,201 75 

210,781 16 
483,577 90 



6,990 13 
60,000 00 



• 



72 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and town bonds : — 
City of Hartford, Conn. . 
of Haverhill 
of Haverhill 
of Lowell 
of Lynn . 
of Lynn . 
Town of Pittsfield . 
of Plymouth . 
of Plymouth . 



$10,000 

6,000 

40,000 

3,000 

5,000 

10,000 

50,000 

20,000 

20,000 



$164,000 



$11,800 00 


6,600 


00 


54,000 


00 


3,600 


00 


5,000 


00 


11,500 


00 


53,250 


00 


21,300 


00 


24,000 


00 


$191,050 00 



$10,000 00 

5,100 00 

40,000 00 

3,000 00 

3,500 00 

10,000 00 

50,000 00 

20,000 00 

20,000 00 

$161,600 00 



Bank Stock. 



Appleton Nat'l Bank, Lowell . 


$40,000 


$70,000 


00 


$44,970 00 


Atlantic Nat'l Bank, Boston . 


8,000 


12,280 


00 


10 


000 00 


Atlas Nat'l Bank, Boston 


18,000 


22,500 


00 


18 


000 00 


Bay State Nat'l Bank, Lawrence 


1,875 


3,125 


00. 


1 


875 00 


Blackstone Nat'l Bank, Boston 


30,700 


35,305 


00 


30 


700 00 


Boston Nat'l Bank, Boston 


20,000 


25,600 


00 


20 


000 00 


Boylston Nat'l Bank, Boston . 


12,400 


15,872 


00 


12 


400 00 


Bunker Hill Nat'l Bank, Boston 


3,400 


6,120 


00 


3 


400 00 


City Nat'l Bank, Boston . 


5,300 


6,731 


00 


5 


300 00 


Columbian Nat'l Bank, Boston 


13,800 


19,665 


00 


16 


560 00 


Continental Nat'l Bank, Boston 


11,200 


13,272 


00 


11 


200 00 


Eliot Nat'l Bank, Boston 


10,000 


12,025 


00 


10 


000 00 


Everett Nat'l Bank, Boston 




500 


585 


50 




500 00 


First Nat'l Bank, Boston 




20,000 


41.550 


00 


20 


000 00 


First Nat'l Bank, Lowell 




3,400 


5,134 


00 


3 


400 00 


Globe Nat'l Bank, Boston 




15,000 


16,725 


00 


15 


000 00 


Hamilton Nat'l Bank, Boston 




10.000 


12,375 


00 


10 


000 00 


Howard Nat'] Bank, Boston 




13,500 


17.566 


87 


13 


500 09 


Market Nat'l Bank, Boston 




10,000 


11.075 


00 


10 


000 00 


Merchants' Nat'l Bank, Boston 


4,400 


6,424 


00 


4 


400 00 


Metropolitan Nat'l Bank, Boston 


4,000 


4,820 


00 


5 


000 00 


Commerce Nat'l Bank, Boston 


15,000 


19,312 


50 


20 


000 00 


North America Nat'l Bank, Boston . 


25,000 


28,750 


00 


25 


000 00 


Redemption Nat'l Bank, Boston 


40,000 


54,050 


00 


50 


700 00 


Republic Nat'l Bank, Boston . 


40,000 


52,400 


00 


42. 


825 00 


Eagle Nat'l Bank, Boston 


3,000 


3,592 


50 


3 


000 00 


Exchange Nat'l Bank, Boston . 


5,000 


7,200 


00 


5 


000 00 


Hide and Leather Nat'l Bank, Boston. 


10,000 


11,650 


00 


10 


000 00 


Pemberton Nat'l Bank, Lawrence . 


11,000 


14,850 


00 


11 


000 00 


Revere Nat'l Bank, Boston 


37,500 


45,750 


00 


37 


500 00 


Union Nat'l Bank, Boston 


3,600 


5,526 


00 


3 


000 00 


Webster Nat'l Bank, Boston . 


10.500 


11.707 


50 


10 


500 00 


New England Nat'l Bank, Boston . 


6,500 


9,685 


00 


8 


450 00 


North Nat'l Bank, Boston 


16,700 


23,672 


25 


16 


700 00 


Old Boston Nat'l Bank, Boston 


3,950 


4,819 


00 


3 


950 00 


Prescott Nat'l Bank, Lowell . 


22,000 


30,800 


00 


22 


450 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



73 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Railroad Nat'l Bank, Lowell 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston 
Third Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 



,700 
26,500 
10,000 

2,000 
20,500 
40,000 
23,600 

3,900 



$641,425 



$12,028 


00 


40,147 


50 


12,750 


00 


2,510 


00 


24,984 


37 


42,600 


00 


28,792 


00 


5,460 


00 


$851,786 99 



$10,100 00 
26,500 00 
10,000 00 

2,000 00 
20,500 00 
40,000 00 
23,600 00 

3,900 00 

$673,480 00 



Railroad Bonds. 



Boston and Lowell Railroad Co. 

Eastern Railroad Company 

Old Colony and Newport R.R. Co. 



$127,500 
92,000 
50,000 



$269,500 



$158,737 50 

102,120 00 

58,750 00 



$319,607 50 



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



$223,500 00 



10 



74 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CLINTOIST SAYINGS BANK — CLINTON. 

Incorporated 1851. Number of corporators, 44. 
Charles L. Swan, President. Treasurer, C. L. S. Hammond. 

Statement. 



Liabilities. 


• 


Assets. 


Deposits 


$788,781 58 


Public funds 


$69,020 00 


Earnings undivided . 


427 37 


Loans on public funds 


400 00 


Guaranty fund . 


10,000 00 


Bank stock .... 


79,690 00 






Loans on bank stock . 


6,480 87 






Railroad bonds 


28,900 00 






Real estate by foreclosure . 


12,372 65 






Loans on real estate . 


415,020 54 






Loans on personal security, 


155,900 00 






Loans to couuties, cities, or 








Towns 


20,000 00 






Premium .... 


7,218 59 






Cash on hand 


4,206 30 




3799,208 95 


3799,208 95 



Loans on Public Funds : — 
On $1,000 United States 4s 

Loans on Bank Stock, amount on each : — 
On 92 shares First National Bank, Clinton 
On 16 shares Merchants' National Bank, New Bedford . 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate .... 

Whole amount of interest or profits received or earned . 
Bate and amount of each semi-annual dividend for ) 2 per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws: second Monday in 

April and October. 
The total amount of loans, with each specified rate of interest: 

$20,000, 4 per cent; $20,000, 4$ per cent; $231,930.87, 5 per cent; 

$17,000, 5$ yer cent; $222,104.54, 6 per cent; $72,90(3, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 221 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

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

Amount of treasurer's bond 

Date of examination by commissioner : May 24. 



$400 00 



$4,880 87 
1,600 00 

$12,372 65 

13,550 00 

984 80 

198 24 

$39,524 77 
13.932 40 
14,771 83 



* 


152,839 41 


• 


13,800 00 


2,849 




2,840 


256,897 78 


179 


78,537 19 


1,537 


166.575 86 


674 




409 




• 


2,548 15 


• 


20.000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



75 



Public 


Funds. 


• 






Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


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


$8,000 
60,400 


$8,800 00 
66,440 00 


$8,620 00 
60,400 00 




$J8,400 


$75,240 00 


$69,020 00 



Bank Stock. 



First Nat'l Bank, Clinton 
Orange Nat'l Bank, Orange . 
First Nat'l Bank, Leominster . 
First Nat'l Bank, New Bedford 
Commerce Nat'l B'k, New Bedford 
Metropolitan Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston , 
City Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Market Nat'l Bank, Boston . 
Traders' Nat'l Bank, Boston . ' 
Central Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston, 



$30,000 

5,000 

3,000 

5,000 

5,000 

2,000 

1,600 

10,500 

500 

200 

1,400 

4,200 

2,000 

800 

2,000 

5,000 

1,000. 



$79,200 



$37,500 00 

5,500 00 

3,300 00 

6,250 00 

6,250 00 

2,405 00 

2,082 00 

11,707 50 

635 00 

256 00 

1,750 00 

4,830 00 

2,195 00 

816 00 

2,400 00 

5,512 50 

1,165 00 



$94,554 00 



$30,490 00 

5,000 00 

3,000 00 

5,000 00 

5,000 00 

2,000 00 

1,600 00 

10,500 00 

500 00 

200 00 

1,400 00 

4,200 00 

2,000 00 

800 00 

2,000 00 

5,000 00 

1,000 00 

$79,690 00 



Railroad Bonds. 



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



$13,000 

5,000 

10,000 



$28,000 



$16,250 00 

6,250 00 

11,750 00 



$34,250 00 



$13,000 00 

5,900 00 

10,000 00 



$28,900 00 



76 



BANK COMMISSIONERS' REPORT. 



[Jan. 



COHASSET SAVINGS BANK — COHASSET. 

Incorporated 1845. Number of corporators, 34. 
Martin Lincoln, President. Treasurer, Levi N. Bates. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


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


Bank stock . . 
Railroad bonds 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Loans to counties, cities, or 

towns 

Deposit in banks on interest, 
Cash on hand 


$56,500 00 
25,000 00 

6,000 00 
170,645 00 

5,000 00 

30,152 52 

39,180 68 

455 09 




$332,933 29 


$332,933 29 



Cash on Deposit in Banks, amount in each: — 

Maverick National Bank, Boston 

Boston National Bank, Boston 

Hingham National Bank, Hingham 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 2 per cent 
previous years '2 per cent 

Times for the dividends fixed by the by-laws: first Tuesday in Jan- 
uary and July. 

Average annual per cent of dividends for the term ending at time 
of and including last extra dividend: 4 per cent. 

The total amount of loans, with each specified rate of interest: 
$23,152.52, 4 per cent; $38,000, 5 per cent; $144,645, 6 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 73 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year . 

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

Number and amount of withdrawals ..... 

Number of accounts opened the previous year .... 

Number of accounts closed the previous year .... 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: May 23. 



$12,593 43 

6,587 25 

20,000 00 

$6,000 00 

4,800 00 

490 00 

(5Q 72 

$19,315 75 
0,049 96 
6,102 56 



• 


52,645 00 






271 


28,363 00 


29 


13,665 00 


327 


24.910 94 


75 




49 




• 


1,026 44 


• 


9,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



77 



Bank Stock. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


Atlas Nat'l Bank, Boston 


$3,000 


$3,750 00 


$3,000 00 


Blackstone Nat'l Bank, Boston 


2,000 


2,280 00 


2,000 00 


Boston Nat'l Bank,. Boston 


4,500 


5,850 00 


4,500 00 


City Nat'l Bank, Boston . 


4,300 


5,375 00 


4,300 00 


Columbian Nat'l Bank, Boston 


2,000 


2,840 00 


2,000 00 


Continental Nat'l Bank, Boston 


4,000 


4,720 00 


4,000 00 


Eagle Nat'l Bank, Boston 


i;800 


2,088 00 


1,800 00 


Everett Nat'l Bank, Boston . 


2,000 


2,300 00 


2,000 00 


Hide and Leather N'l B'k, Boston . 


2,500 


2,975 00 


2,500 00 


Market Nat'l Bank, Boston 


3,000 


3,300 00 


3,000 00 


Maverick Nat'l Bank, Boston. 


1,300 


3,250 00 


1,300 00 


Merchants' Nat'l Bank, Boston 


2,300 


3,358 00 


2,300 00 


North Nat'l Bank, Boston 


1,200 


1,704 00 


1,200 00 


Republic Nat'l Bank, Boston . 


2,200 


2,838 00 


2,200 00 


Revere Nat'l Bank, Boston 


4,500 


5,490 00 


4,500 00 


Shawmut Nat'l Bank, Boston. 


3,200 


3,936 00 


3,200 00 


State Nat'l Bank, Boston 


3,800 


4,750 00 


3,800 00 


Tremont Nat'l Bank, Boston . 


2,300 


2,829 00 


2,300 00 


Union Nat'l Bank, Boston 


1,500 


2,295 00 


1,500 00 


Washington Nat'l Bank, Boston 


1,000 


1,370 00 


1,000 00 


Webster Nat'l Bank, Boston . 


4,100 


4,592 00 


4,100 00 




$56,500 


$71,890 00 


$56,500 00 



Railroad Bonds. 



Eastern Railroad 4£s, new 
Old Colony Railroad 7s . 


$16,000 
9,000 


$17,600 00 
11,250 00 


$16,000 00 
9,000 00 


■ 


$25,000 


$28,850 00 


$25,000 00 



78 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CROCKER INSTITUTION FOR SAVINGS — TURNER' S FALLS. 

Incorporated April 3, 186 ( .). Number of corporators, 16. 

George O. Peabody, President. Treasurer, D. P. Abercrombie. 

Statement. 



Liabilities. 



Assets. 



Deposits . «. 
Earnings undivided 
Guaranty fund . 



$291,312 32 
2,024 57 
2,050 00 



$295,386 89 



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 

towns .... 
Deposit in bank on interest 
Expense account . 
Loan to fire district 
Interest .... 
Premiums 
Cash in bank 



$36,000 00 

32,600 75 

1,000 00 

10,000 00 

9,117 48 

157,(578 15 

26,520 00 

4,500 00 
4,600 00 

169 26 
1,500 00 

120 00 
6,505 00 
5,076 25 



$295,386 89 



Loans on Bank Stock : — 
On 13 shares Crocker National Bank 

Cash on Deposit in Bank : — 
Crocker National Bank 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year » 2 per cent 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5i^ per cent. 
The total amount of loans, with each specified rate of interest: 

$6,000, 5 per cent; $149,108.15, 6 per cent; $36,090, 6| per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 149 

Aggregate amount of the same 

Number of open accounts 903 

Number and amount of deposits received for previous year, 1,170 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

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

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 10. 



$1,000 00 



$9,676 25 

$9,117 48 

9,967 48 

23 40 

$15,124 50 
4,390 83 
5,0S0 36 



126,798 15 



108,635 92 



85 


47,964 56 


478 


52,947 50 


323 




145 




• 


547 78 


• 


25,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



79 



Public Funds. 



• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


State and city bonds : — 








State of Maine 6s . 


$3,000 


$3,500 00 


$3,000 00 


of Massachusetts 5s 




10,000 


11,800 00 


10,000 00 


City of Boston 6s ' . 




6,000 


7,400 00 


6,000 00 


of Boston 5s 




4,000 


4,800 00 


4,000 00 


of Lowell 6 s 




3,000 


3,500 00 


3,000 00 


of Providence, R.I., 5s 




5,000 


5,900 00 


5,000 00 


of Somerville 5s 




5,000 


5,400 00 


5,000 00 




$36,000 


$42,300 00 


$36,000 00 


Bank 


Stock. 






Crocker Nat'l Bank, Turner's Falls, 


$5,700 


$7,125 00 


$5,925 00 


Conway Nat'l Bank, Conway . 


6,000 


7,200 00 


6,930 00 


Commonwealth Nat'l Bank, Boston, 


2,000 


2,400 00 


2,192 50 


Atlantic Nat'l Bank, Boston . 


700 


1,070 50 


1,017 00 


Pacific Nat'l Bank, Boston 


1,000 


1,050 00 


1,120 00 


Central Nat'l Bank, Boston 


1,000 


1,200 00 


1,056 25 


Boston Nat'l Bank, Boston 


500 


640 00 


545 00 


Continental Nat'l Bank, Boston 


' 4,000 


4,720 00 


4,704 25 


Merchandise Nat'l Bank, Boston 


1,000 


1,100 00 


1,062 50 


New England Nat'l Bank, Boston . 


1,000 


1,450 00 


1,465 00 


Columbian Nat'l Bank, Boston 


700 


995 00 


1,014 50 


Howard Nat'l Bank, Boston . 


500 


650 00 


636 25 


Webster Nat'l Bank, Boston . 


1,000 


1,110 00 


1,155 00 


Eliot Nat'l Bank, Boston 


1,000 


1,200 00 


1,242 50 


Commerce Nat'l Bank, Boston 


1,000 


1,280 00 


1,292 50 


Tremont Nat'l Bank, Boston . 


1,000 


1,220 00 


1,242 50 




$28,100 


$34,410 00 


$32,600 75 


Railroad Bonds. 


Boston, Revere Beach, and Lynn R.R. 


$10,000 


$11,600 00 


$100,00 00 



80 



BANK COMMISSIONERS' REPORT. 



[Jan. 



DANVERS SAVINGS BANK — DANVERS. 

Incorporated 1850. Number of corporators, 53. 

Israel H. Putnam, President. Treasurer, "William L. "Weston. 

Statement. 



• Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


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


Public funds 
Loans on public funds 
Bank stock .... 
Loans on bank stock . 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Loans to counties, cities, or 

towns 

Deposit in banks on interest, 
Cash in bank not on interest, 


$47,105 00 
5,000 00 

120.621 00 

2,835 00 

95,007 18 

405,205 00 

301,702 15 

15,820 83 

4,181 46 

11,392 34 




$1,008,869 96 


$1,008,869 96 



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



$5,000 00 



Loans on Bank Stock : — 
On 31 shares First National Bank, Danvers 



$2,835 00 



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

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: April 1 and Oct. 1. 
The total amount of loans, with each specified rate of interest 

$55,820, 4 per cent; $45,000. 4£ per cent; $75,000, 5 per cent 

$60,000, 5£ per cent; $245,495, 6 per cent; $10,800. 6| per cent; 

$1,737.57, 7 per cent; $800, 7£ per cent; $52,430. 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 234 

Aggregate amount of the same 

Amount of investments from which no income is received (secured 

by 16 Huntington Avenue certificates) 

Number of open accounts 2.847 

Number and amount of deposits received for previous year, 1,375 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 98 



$3,082 20 

1,099 26 

11,392 34 

95.007 18 

86.300 00 

4,020 00 

1,182 90 

$53,475 14 
18.179 36 
18,432 65 



211,848 00 

52,446 65 

104,937 97 



53,007 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



81 



Number and amount of withdrawals .... 1,184 $116,078 20 

Number of accounts opened the previous year .... 321 

Number of accounts closed the previous year .... 270 

Amount of expenses of the corporation during previous year . . 2,304 42 

Amount of treasurer's bond 25,000 00 

Date of examination by commissioner : June 4. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, 1907 . 

City and town bonds: — 
City of Boston 6s, 1894 . 

of Boston 4s . 

of Hartford, Conn., 6s 
Town of Danvers 5s, 1906 


$17,500 

$10,000 

10,000 

2,000 

8,000 


$20,300 00 

$12,200 00 

10,300 00 

2,180 00 

9,280 00 


$17,500 00 

$9,775 00 

10,000 00 

1,830 00 

8,000 00 




$47,500 


$54,260 00 


$47,105 00 



Bank Stock. 



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



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



$110,200 



$2,430 


00 


2,856 


00 


7,400 00 


9,360 


00 


8,704 00 


9,075 


00 


3,450 


00 


6,250 


00 


9,430 


00 


7,300 00 


8,645 


00 


6,250 00 


1,180 


00 


3,565 


00 


345 


00 


3,000 


00 


875 


00 


800 


00 


11,502 


00 


10,425 


00 


16,875 


00 


2,800 


00 


7,555 00 


1,300 00 


$141,372 00 



$2,000 00 
2,800 00 
6,000 00 
6,500 00 
6,800 00 
7,500 00 
2,500 00 
5,675 00 

10,612 50 

6,475 00 

7,901 25 

5,356 25 

1,080 00 

3,148 75 

300 00 

2,862 50 

700 00 

500 00 

8,100 00 

8,962 50 

14,947 25 
2,000 00 
6,900 00 
1,000 00 

$120,621 00 



11 



82 



BANK COMMISSIONERS' REPORT. [Jan. 



DEDHAM INSTITUTION FOR SAVINGS — DEDHAM. 

Incorporated May 1, 1831. Number of corporators, 82. 

Waldo Colburn, President. Treasurer, Calvin Guild. 

Statement. 



Liabilities 


3. 


Assets. 


Deposits 


$1,384,393 35 


Public funds 


$272,000 00 


Earnings undivided . 


74,214 99 


Bank stock .... 


76,600 00 


Guaranty fund . 


33,474 04 


Loans on bank stock . 


900 00 






Railroad bonds . 


123.292 50 






Real estate by foreclosure . 


68,452 45 






Loans on real estate . 


640,771 80 






Loans on personal security, 


251,775 00 






Loans to counties, cities, or 








towns ..... 


19.850 00 






Deposit in banks on interest, 


39,440 63 




$1,492,082 38 


$1,492,082 38 



Loans on Bank Stock : — 
On 10 shares Dedhani National Bank $900 00 

Cash on Deposit in Banks, amount in each : — 

In Dedham National Bank $19,440 63 

In Maverick National Bank 20.000 00 

Amount of real estate held by foreclosure 868.452 45 

Assessed value of the same 66,854 00 

Amount of income received from the same 4.505 00 

Amount of municipal tax on real estate 1.136 41 

Whole amount of interest or profits received or earned . . . $71,713 38 
Bate and amount of each semi-annual dividend for {_ 2 per cent . { 23.884 36 

previous year ) 2 per cent . ( 25.414 93 

Times for the dividends fixed by the by-laws : May 1 and Nov. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6$fo per cent. 
The total amount of loans, with each specified rate of interest: 

$10,000, 4 per cent; $50,000, 4£ per cent; $187,000, 5 per cent: 

$491,271.80, 6 per cent: $9,850, 6$ per cent; $157,275, 7 per cent; 

$4,500, 7i per cent; $3,400, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 351 

Aggregate amount of the same 392.046 SO 

Amount of investments from which no income is received . . 1.000 00 

Number of open accounts 4. 135 

Number and amount of deposits received for previous year, 2,292 217,129 72 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 186 

Number and amount of withdrawals .... 1.967 

Number of accounts opened the previous year .... 615 
Number of accounts closed the previous year .... 304 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: April 11. 



90.844 62 
127.434 05 



3.301 84 
I5.d00 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



83 



> 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1879 


$10,000 


$13,300 00 


$10,000 00 


" 4-|s, 1891 . 


10,000 


11,250 00 


10,000 00 


" " 4s, 1907 . 


20,000 


23,250 00 


20,000 00 


" " 3ls, 6s extended 


20,000 


20,250 00 


20,000 00 


City and town bonds : — 








City of Fall River . 


$5,000 


$5,800 00 


$5,000 00 


of Manchester, N.H 






18,000 


20,700 00 


18,000 00 


of Augusta, Me. 






5,000 


5,350 00 


5,000 00 


of Biddeford, Me. . 






4,000 


4,160 00 


4,000 00 


of Worcester . 






10,000 


10,700 00 


10,000 00 


of Charlestown 






6,000 


6,960 00 


6,000 00 


of Portland, Me. 






' 9,000 


10,440 00 


9,000 00 


of Boston 6s 






10,000 


12,600 00 


I 110,000 00 


of Boston 4s 






100,000 


106,000 00 


of Providence, R.I. 






20,000 


21,400 00 


20,000 00 


of Lynn . 






1,000 


1,100 00 


1,000 00 


Town of Maiden 






10,000 


11,600 00 


10,000 00 


of Melrose 






5,000 


6,350 00 


5,000 00 


of Woburn 






5,000 


5,800 00 


5,000 00 


of Lincoln 






2,000 


2,300 00 


2,000 00 


of Natick 






2,000 


2,120 00 


2,000 00 








$272,000 


$301,430 00 


$272,000 00 



Bank 


Stock. 






Dedham Nat'l Bank, Dedham . 


$14,600 


$18,250 00 


$14,600 00 


Howard Nat'l Bank, Boston . 


4,000 


5,200 00 


4,000 00 


Blackstone Nat'l Bank, Boston 


7,500 


8,625 00 


7,500 00 


State Nat'l Bank, Boston 


2,500 


3,125 00 


2,500 00 


Union Nat'l Bank, Boston 


2,500 


3,825 00 


2,500 00 


Globe Nat'l Bank, Boston 


2,500 


2,775 00 


2,500 00 


Traders' Nat'l Bank, Boston . 


5,000 


5,100 00 


5,000 00 


People's Nat'l Bank, Boston . 


6,000 


9,600 00 


6,000 00 


Commerce Nat'l Bank, Boston 


7,500 


9,600 00 


7,500 00 


Atlas Nat'l Bank, Boston 


10,000 


12,500 00 


10,000 00 


Webster Nat'l Bank, Boston . 


8,500 


9,435 00 


8,500 00 


Shawmut Nat'l Bank, Boston . 


5,000 


6,300 00 


5,000 00 




$75,600 


$94,335 00 


$75,600 00 



Railroad Bonds. 






Worcester and Nashua Railroad 5s . 


$10,000 


$10,000 00 


$9,700 00 


Boston and Maine Raihoad 7s 


23,000 


29,210 00 


23,000 00 


Boston and Lowell Railroad 7s 


7,000 


8,400 00 


7,000 00 


Boston and Lowell Railroad 6s 


11,000 


12,650 00 


11,000 00 


Boston and Lowell Railroad 5s 


5,000 


5,350 00 


5,000 00 


Old Colony Railroad 7s . 


5,000 


6,250 00 


5,000 00 


Boston, Clin., Fitch., &N. B. R.R. 5s * 


35,000 


36,400 00 


35,000 00 


Eastern Railroad 4|s 


29,500 


32,302 50 


27,592 50 




$125,500 


$140,562 50 


$123,292 50 



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



84 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EAST BOSTON SAVINGS BANK — EAST BOSTON. 

Incorporated April 26, 1848. Number of corporators, 28. 
George T. Sampson, President. Treasurer, William B. Pigeon. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$1,070,623 49 


Bank stock .... 


$260,820 15 


Earnings undivided , 


117,377 31 


Loans on bank stock . 


10,086 00 


Guaranty fund . . 


15,144 58 


Real estate .... 


24,732 11 






Real estate bv foreclosure . 


252.940 32 






Loans on real estate . 


565,010 84 






Loans on personal security, 


48,128 04 






Deposit in bank on interest . 


16,088 36 






Expense account . 


1,456 86 






Accrued interest . 


18,697 16 






Cash on band 


5,185 54 




$1,203,145 38 


$1,203,145 38 



Loans on Bank Stock, amount on each : — 
On 100 shares First National Bank. Chelsea 
On 1 share State National Bank . 



$10,000 00 
86 00 



Cash on Deposit in Bank : — 
First Ward National Bank, East Boston . 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous years > 2 per cent 

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 per cent. 
The total amount of loans, with each specified rate of interest : 

$96,400, 5 percent; $306,655.70. 6 percent; $3,500. Q>\ percent: 

$179,245, 7 percent; $2,000, 7+ per cent; $31,851. S per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 252 

Aggregate amount of the same 

Number of open accounts 4,292 

> Number and amount of deposits received for previous year, 2,567 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 136 

Number and amount of withdrawals .... 2.893 



$16,088 36 

$24,732 11 

25.000 00 

252.940 32 

255.600 00 

22.308 00 

3.849 30 

$69,474 00 
21.874 23 
20,442 42 



359.165 1G 
222,162 70 

75.220 00 
312.700 37 



1882.] 



PUBLIC DOCUMENT— No. 8. 



85 



Number of accounts opened the previous year .... 720 
Number of accounts closed the previous year .... 984 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : April 20. 



$4,608 82 
20,000 00 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlas Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston . 
Freeman's Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston . 
Market Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Suffolk Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Union Market Nat'l B'k, Watertown, 



$1,000 

20,000 

3,800 

4,100 

10,000 

13,700 

10,000 

11,500 

25,000 

20,000 

6,700 

7,200 

5,000 

2,400 

2,400 

3,000 

15,000 

10,000 

5,000 

10,000 

10,000 

6,400 

5,000 

5,000 

13,300 



$225,500 



00 
00 
00 
25 

00 



$1,270 00 
25,600 00 

4,408 

5,248 
12,100 
17,707 
12,075 
13,828 75 
31,312 50 
22,400 00 

8,023 25 

9,369 00 

5,637 

2,616 

3,066 

3,750 
18,037 
12,500 00 

6,550 00 
12,500 00 
12,450 00 

7,200 00 

5,212 50 

6,100 00 
14,630 00 



50 
00 
00 
00 
50 



$273,591 25 



,100 32 
22,596 66 

4,717 31 

5,766 50 
11,173 40 
15,706 24 
10,874 15 
13,153 00 
30,916 24 
25,212 00 

7,489 98 

7,700 

5,443 

2,400 

3,064 

3,490 



11,301 
5,541 

11,917 

10,509 
8,103 
5,496 
5,908 

15,297 



97 
10 
00 
25 

83 



15,940 02 



06 
10 
88 
57 
13 
75 
19 
50 



$260,820 15 



86 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EAST BRIDGEWATER SAYINGS BANK — EAST BRIDGEWATER. 

Incorporated 1870. Number of corporators, 50. 

K. E. Sheldon, President. Treasurer, I. N. Nutter. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$206,851 70 
3,927 20 
2,572 56 


Public funds 

Bank stock .... 
Railroad bonds 
Loans on real estate . 
Loans on personal security, 
Deposit in bank on interest, 
Expense account . 
Interest account . 


$20,257 50 

33,468 00 

15,000 00 

105,263 78 

38,400 16 

73 00 

246 52 

642 50 




$213,351 46 


$213,351 46 



Cash on Deposit in Bank : — 
National Bank of the Commonwealth 



$73 00 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2-J- per cent 

previous year ) 2\ per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4f per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 4 per cent; $8,000, U per cent; $28,500, 5 per cent; 

$3,450.16, 5£ per cent; $104,366.61, 6 per cent: si. 150. 6£ per 

cent; $28,454.67, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $300 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding S300 at any 

one time for the previous year 

Number and amount of withdrawals 

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

Amount of treasurer's bond 

Date of examination by commissioner : Oct. 7. 



:! 



S9.57S 67 
3,770 33 
3.735 49 



• • 


94,513 78 


. 832 




. 743 


77.788 62 


y 

. 72 


37.982 10 


. 451 


39.071 30 


. 203 




. 80 




• • 


536 15 


• • 


10,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



87 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4£s .... 
" " 4s . 

State, city, and town bonds: — 
State of New Hampshire 6s . 
City of Rockland, Me., 6s 
of Cambridge 6s . 
of Bath, Me. f 6s 
Town of Woburn 6s 
of Amesbury 5s 


$3,000 
5,000 

$3,000 

500 

2,000 

4,000 

2,000 

500 


$3,339 00 
5,800 00 

$3,690 00 

500 00 

2,160 00 

4,000 00 

2,200 00 

500 00 


$3,000 00 
5,000 00 

$3,322 50 

455 00 

1,940 00 

4,140 00 

1,900 00 

500 00 


• 


$20,000 


$22,189 00 


$20,257 50 



Bank Stock. 



City Nat'l Bank, Boston . 


$2,000 


$2,540 00 


$2,276 75 


Commonwealth Nat'l B'k, Boston . 


1,000 


1,200 00 


1,225 00 


Fourth Nat'l Bank, Boston 


3,000 


3,300 00 


3,000 00 


Hamilton Nat'l Bank, Boston 


1,000 


1,130 00 


1,250 00 


Hide and Leather Nat'l B'k, Boston, 


1,700 


1,980 50 


1,700 00 


Market Nat'l Bank, Boston . 


2,000 


2,200 00 


2,317 50 


Merchandise Nat'l Bank, Boston 


2,000 


2,200 00 


2,000 00 


Shawmut Nat'l Bank, Boston . 


1,000 


1,275 00 


1,167 50 


State Nat'l Bank, Boston 


2,200 


2,750 00 


2,471 25 


Traders' Nat'l Bank, Boston . 


3,000 


3,060 00 


3,00(3 00 


Tremont Nat'l Bank, Boston . 


3,000 


3,660 00 


3,480 00 


Webster Nat'l Bank, Boston . 


4,000 


4,460 00 


4,000 00 


Home Nat'l Bank, Brockton . 


4,000 


4,600 00 


4,580 00 


Brockton Nat'l Bank, Brockton 


1,000 


1,050 00 


1,000 00 




$30,900 


$35,405 50 


$33,468 00 



Railroad Bonds. 



Old Colony Railroad 6s * 
Eastern Railroad 4£s 
Vermont and Massachusetts R.R. 6s, 
Boston, Rev. Beach, & Lynn R.R. 6s, 



$6,000 
5,000 
1,000 
3,000 



$15,000 



,050 00 
5,500 00 
1,050 00 
3,510 00 



$17,110 00 



$6,000 00 
5,000 00 
1,000 00 
3,000 00 



$15,000 00 



88 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EAST CAMBRIDGE FIVE CENTS SAVINGS BANK — CAMBRIDGE. 

Incorporated 1854. Number of corporators, 46. 
George Stevens, President. Treasurer, Samuel Slocomb. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$896,973 59 


' Public funds 


$21,000 00 


Earnings undivided . 


5,951 48 


Bank stock .... 


129.900 00 


Guaranty fund . 


19,856 52 


Loans on bank stock . 


12,179 21 


Premiums 


2,864 84 ! 


Railroad bonds 


19,000 00 


Profit and loss 


2,500 00 


Real estate .... 


7,000 00 






Real estate by foreclosure . 


44,418 67 






Loans on reai estate . 


537,914 48 






Loans on personal security, 


82,200 00 






Loans to counties, cities, or 








towns 


15,000 00 






Deposit in banks on interest, 


56.815 27 






Cash on hand 


2,718 80 




$928,146 43 


S92S.146 43 



Loans on Bank Stock, amount on each : — 
On 75 shares Lechmere National Bank 
On 28 shares Pacific National Bank .... 

Cash on Deposit in Banks, amount in each : — 

Lechmere National Bank 

International Trust Company* 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same (per month) 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2$ per cent 

previous year . . . . . . . • ' 2 per cent 

Times for the dividends fixed by the by-laws: April 15 and Oct. 15 
The total amount of loans, with each specified rate of interest 

$15,000, 3£ per cent; $40,000. 4| per cent: $62,150. 5 per cent 

$324,073.13, 6 percent; $100,770.56, 6i percent; $104,700, 7 per 

cent; $600, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 262 

Aggregate amount of the same 

Amount of investments from which no income is received : 60 

shares Cambridge Land Company, par value $100 per share 

(charged off to profit and loss). 

Number of open accounts 3,809 

Number and amount of deposits received for previous year, 5,954 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 131 

* The Attorney-General has given an opinion that deposits \>y savings banks 
company are legal. 



$9,379 21 
2.800 00 

$26,815 27 
30.000 00 

S7.000 00 

7.000 00 

44,418 67 

52.500 00 

360 00 

956 08 

$47,526 27 
19.367 56 
16,231 39 



284.914 48 



215,287 98 
73,567 21 

in this trust 



1882.] 



PUBLIC DOCUMENT — No. 8. 



89 



Number and amount of withdrawals .... 2,946 $165,830 48 

Number of accounts opened the previous year .... 928 
Number of accounts closed the previous year .... 620 . 
Amount of expenses of the corporation during previous year . . 2,016 69 

Amount of treasurer's bond ' . 20,000 00 

Date of examination by commissioner : March 1. 

Public Funds. 



! 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds : — 
City of Cambridge 6s 
of Boston . 


$19,000 
2,000 


$20,710 00 
2,000 00 


$19,000 00 
2,000 00 




$21,000 


$22,710 00 


$21,000 00 



Bank 


Stock. 






Atlas Nat'l Bank, Boston 


$700 


$870 00 


$700 00 


Blackstone Nat'l Bank, Boston 


5,400 


6,200 00 


5,400 00 


Boston Nat'l Bank, Boston 


6,300 


7,760 00 


6,300 00 


Bunker Hill Nat'l Bank, Boston 


4,100 


7,380 00 


4,100 00 


Commerce Nat'l Bank, Boston 


6,700 


8,570 00 


6,700 00 


Commonwealth Nat'l Bank, Boston . 


4,000 


5,960 00 


4,000 00 


Continental Nat'l Bank, Boston 


3,000 


3,540 00 


3,000 00 


Eliot Nat'l Bank, Boston . 


1,200 


1,440 00 


1,200 00 


Exchange Nat'l Bank, Boston . 


1,600 


2,304 00 


1,600 00 


Faneuil Hall Nat'l Bank, Boston 


2,000 


2,680 00 


2,000 00 


First Ward Nat'l Bank, Boston 


5,000 


6,000 00 


4,000 00 


Globe Nat'l Bank, Boston 


2,100 


2,330 00 


2,100 00 


Hide and Leather Nat'l B'k, Boston, 


11,500 


13,340 00 


11,500 00 


Howard Nat'l Bank, Boston . 


6,000 


7,800 00 


6,000 00 


Massachusetts Nat'l Bank, Boston . 


500 


620 00 


500' 00 


Merchants' Nat'l Bank, Boston 


5,000 


7,300 00 


5,000 00 


Metropolitan Nat'l Bank, Boston 


1,600 


1,920 00 


1,600 00 


New England Nat'l Bank, Boston . 


2,000 


2,980 00 


2,000 00 


North Nat'l Bank, Boston 


1,900 


2,670 00 


1,900 00 


North America Nat'l Bank, Boston . 


500 


570 00 


500 00 


Redemption Nat'l Bank, Boston 


1,000 


1,350 00 


1,000 00 


Republic Nat'l Bank, Boston . 


5,800 


7,590 00 


5,800 00 


Revere Nat'l Bank, Boston 


3,800 


4,630 00 


3,800 00 


Third Nat'l Bank, Boston 


11,000 


11,660 00 


11,000 00 


Tremont Nat'l Bank, Boston . 


7,600 


9,270 00 


7,600 00 


Union Nat'l Bank, Boston 


500 


660 00 


500 00 


Webster Nat'l Bank, Boston . 


6,700 


7,430 00 


6,700 00 


Cambridge City N'l B'k, Cambridge, 


2,600 


4,100 00 


2,600 00 


Charles River Nat'l B'k, Cambridge, 


2,400 


4,000 00 


2,400 00 


Lech mere Nat'l Bank, Cambridge . 


7,600 


11,400 00 


7,600 00 


Newton Nat'l Bank, Newton . 


1,300 


1,560 00 


1,300 00 


Concord Nat'l Bank, Concord . 


3,300 


4,290 00 


3,300 00 


Fall River Nat'l Bank, Fall River . 


1,100 


1,100 00 


1,100 00 


First Nat'l Bank, Maiden 


2,500 


2,500 00 


2,500 00 


First Nat'l Bank, Marlborough 


2,000 


2,000 00 


2,000 00 


Merchants' Nat'l B'k, Newburyport, 


600 


600 00 


600 00 




$130,900 


$166,374 00 


$129,900 00 



12 



90 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Railroad Bonds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Eastern Railroad .... 
Boston and Albany Railroad . 


$8,500 
15,000 


$9,350 00 
19,050 00 


$4,000 00 
15,000 00 




$23,500 


$28,400 00 


$19,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



91 



EASTHAMPTON SAVINGS BANK — EASTHAMPTON. 

Incorporated Feb. 10, 1869. Number of corporators, 30. 
John Mather, President. Treasurer, Samuel T. Seelye, 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$291,927 58 
1,130 88 
5,000 00 


Bank stock .... 
Loans on bank stock . 
Loans on real estate . 
Loans on personal security, 
Expense account . 
Casb on band 


$69,169 25 

1,550 00 

153,275 00 

72,785 00 

175 00 

1,104 21 




$298,058 46 


$298,058 46 



Loans on Bank Stock : — 
On 17 sbares First National Bank, Easthampton 

Cash on Deposit in Bank : — 
First National Bank, Easthampton . 



2j per cent 
2i- per cent 



Whole amount of interest or profits received or earned 
Rate and amount of each semi-annual dividend for 

previous year. « 4 

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£ per cent. 
The total amount of loans, with each specified rate of interest: 

$10,000, 5 per cent; $15,000, 5£ per cent; $127,555, 6 per cent; 

$75,055, 6i per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 166 

Aggregate amount of the same 

Number of open accounts 1,137 

Number and amount of deposits received for previous year, 1,213 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

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 13. 



:\ 



$1,550 00 



$1,104 21 

$17,814 00 
5,766 19 
6,083 48 



51 

587 
243 
154 



125,985 00 

71,115 90 

24,883 94 
60,809 61 



718 25 
10,000 00 



92 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


First Nat'l Bank, Easthampton 


$29,800 


$37,250 00 


$34,092 00 


First Nat'l Bank, Northampton 


9,700 


12,610 00 


12,125 00 


First Nat'l Bank, Lynn . 


4,400 


5,280 00 


5,256 00 


Holyoke Nat'l Bank, Holyoke . 


t,200 


9,184 00 


8,200 00 


Blackstone Nat'l Bank, Boston 


2,200 


2,640 00 


2,200 00 


Second Nat'l Bank, Boston 


2,000 


3,000 00 


3,018 75 


North Nat'l Bank, Boston 


2,000 


2,900 00 


2,447 50 


Commerce Nat'l Bank, Boston 


700 


910 00 


700 00 


Hampshire Co. N'l B'k, Northampt'n, 


1,000 


1,150 00 


1,130 00 




$60,000 


$74,924 00 


$69,169 25 



1882.] 



PUBLIC DOCUMENT — No. 8. 



93 



EAST WEYMOUTH SAVINGS BANK — EAST WEYMOUTH. 

Incorporated 1872. Number of corporators, 30. 

John P. Lovell, President. Treasurer, Joseph A. Cushing. 

Statement. 



Liabilities 




Assets. 


Deposits 


$212,811 92 


Public funds 


$24,950 00 


Earnings undivided . 


60 77 


Bank Stock .... 


8,500 00 


Guaranty fund . 


3,125 80 


Railroad bonds . 


2,000 00 






Real estate by foreclosure . 


1,071 38 




i 


Loans on real estate . 


154,613 83 






Loans on personal security, 


5,006 00 






Loans to counties, cities, or 








towns 


9,850 00 






Deposit, in bank on interest, 


9,860 12 






Cash on hand . 


147 16 




$215,998 49 


$215,998 49 



Cash on Deposit in Bank : 



Manufacturers' National Bank;, Boston 



$9,860 12 



Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5i 4 q- per cent. 
The total amount of loans, with each specified rate of interest: 

$9,850, 5 per cent; $72,420.83, 6 per cent; $24,750, 6£ per cent; 

$02,449, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 136 

Aggregate amount of the same 

Number of open accounts 855 

Number and amount of deposits received for previous year . 846 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 54 

Number and amount of withdrawals 328 

Number of accounts opened the previous year .... 230 
Number of accounts closed the previous year .... 99 
Amount of expenses of the corporation during previous year . 

A mount of treasurer's bond 

Date of examination by commissioner: May 23. 



:l 



$1,071 


38 


1,025 


00 


74 88 


18 


10 


$10,881 71 


4,380 97 


3,881 


50 



116,619 83 

60,494 73 

26,106 32 

33,338 55 



960 83 
20,000 00 



94 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



State and city bonds: — 
State of Maine 
City of Boston 

of Charlestown 

of Portland, Me. 

of Chelsea 

of Salem . 



$4,000 
8,000 
7,000 
3,000 
1,000 
1,000 



$24,000 



$4,000 00 


8,800 


00 


9,100 


00 


3,300 


00 


1,000 


00 


1,000 


00 


$27,200 00 



$4,000 00 
8,000 00 
7,950 
3,000 
1,000 
1,000 



00 
00 
00 
00 



$24,950 00 



Bank Stock. 



Union Nat'l Bank, Boston 
Central Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston 



$4,500 
1,000 
1,000 
2,000 



$5,400 00 
1,090 00 
1,090 00 
2,100 00 



$8,500 



Railroad Bonds. 



Old Colony Railroad 




$2,600 00 



$4,500 00 
1,000 00 
1,000 00 
2,000 00 



$9,680 00 $8,500 00 






$2,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



95 



ELIOT FIVE CENTS SAVINGS BANK — BOSTON. 

Incorporated Feb. 4, 1864. Number of corporators, 74. 

William C. Appleton, President. Treasurer, George C. Leach. 

Statement. 



Liabilities 


• 


Assets. 




Deposits 


91,260,358 36 


Public funds 


$433,600 00 


Earnings undivided . 


13,036 58 


Bank stock .... 


53,100 00 


Guaranty fund . 


17,701 72 


Loans on bank stock . 


7,700 00 


Tax account 


4,440 00 


Bailroad bonds 


64,000 00 


Suspense account 


48 78 


Real estate by foreclosure . 


28,000 00 






Loans on real estate . 


491,450 00 






Loans on personal security, 


187,400 00 






Expense account . 


447 23 






Tax titles to real estate 


206 27 






Cash on band 


29,681 94 




$1,295,585 44 


$1,295,585 44 



Loans on Bank Stock, amount on each : — 
On 71 shares People's National Bank, Boston . 
On 10 shares Exchange National Bank, Boston 

Cash on Deposit in Bank : — 
People's National Bank, Boston 



56,700 00 
1,000 00 



$29,172 68 



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 . 



$28,000 00 

25,800 00 

1,998 13 

358 62 



:l 



21,662 72 
22,649 51 



Whole amount of interest or profits received or earned . . . $65,417 72 
Rate and amount of each semi-annual dividend for ) 2 per cent 

r^revious year ) 2 per cent 

Times for the dividends fixed by the by-laws : second Wednesday in 

Ax>ril and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 8 per cent. 
The total amount of loans, with each specified rate of interest : 

$25,000, 3 per cent; $15,000, 3£ per cent; $50,000, 3-} per cent; 

$29,300, 4 per cent; $36,000, 4£ per cent; $122,000, 5 per cent; 

$23,500, 5£ per cent; $263,750, 6 per cent; 5,900, 6£ per cent; 

$86,000, 7 per cent; $10,000, Tft per cent; $7,500, 7i per cent; 

$12,600, 8 per cent, 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 91 

Aggregate amount of the same 148,400 00 

Number of open accounts 5,314 

Number and amount of deposits received for previous year, 5,888 380,868 57 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 259 130,105 00 



96 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year .... 576 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond . . . 

Date of examination by commissioner : March 19. 

Public Funds. 



3,281 $231,950 72 
1,002 



6,061 12 
5,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


$125,000 


$137,500 00 


$125,000 00 


State, city, and town bonds : - 








State of Maine ... 




$1,000 


$1,160 00 


$1,000 00 


of New Hampshire 






2,600 


3,036 00 


2,600 00 


City of Bangor, Me. 






4,000 


4,380 00 


4,000 00 


of Providence, R.I. 






25,000 


27,800 00 


25,000 00 


of Lynn . 






15.000 


16,600 00 


15,000 00 


of Portsmouth, N.II 






10,000 


10,700 00 


10,000 00 


of Dover, N.H. 






5,000 


5,400 00 


5.000 00 


of Springfield . 






20,000 


25,000 00 


20,000 00 


of Taunton 






20,000 


23,000 00 


20,000 00 


of Somerville . 






10,000 


10,800 00 


10,000 00 


of Lowell . 






13,000 


14,600 00 


13,000 00 


of Lawrence 






15,000 


16,900 00 


15,000 00 


of Cambridge . 


, 




10,000 


11,800 00 


10,000 00 


of Fall River . 






10,000 


11,200 00 


10,000 00 


of Portland, Me. 






5,000 


5,500 00 


5,000 00 


of Chelsea 






15,000 


17,000 00 


15,000 00 


of Boston . 






100,000 


112,300 00 


100,000 00 


of Manchester, N.H 






10,000 


11.000 00 


10,000 00 


Town of Wo burn 






8,000 


9,200 00 


8,000 00 


of Beverly 






10,000 


10,200 00 


10,000 00 








$133,600 


$1S5,076 00 


$433,600 00 



Bank 


Stock. 








People's Nat'l Bank, Boston . 


$13,000 


$18,850 


00 


$13,000 00 


Atlantic Nat'l Bank, Boston . 


1,000 


1,350 


00 


1,000 00 


Atlas Nat'l Bank, Boston 


7,000 


7,910 


00 


7,000 00 


Columbian Nat'l Bank, Boston 


2.000 


2,800 


00 


2,000 00 


Continental Nat'l Bank, Boston 


5,000 


5,500 


00 


5,000 00 


Eagle Nat'l Bank, Boston 


1,000 


1,100 


00 


1,000 00 


Eliot Nat'l Bank, Boston. 


1,000 


1,070 


00 


1,000 00 


Howard Nat'l Bank, Boston 


1,300 


1,365 


00 


1,300 00 


Market Nat'l Bank, Boston 


3,000 


3,250 


00 


3,000 00 


Merchants' Nat'l Bank, Boston 


3,000 


3,900 


00 


3,000 00 


Mount Vernon Nat'l Bank, Boston . 


6,100 


7,200 


00 


6,100 00 


State Nat'l Bank, Boston 


1,400 


1,700 


00 


1,400 00 


Shawmut Nat'l Bank, Boston . 


4,300 


4,800 


00 


4,300 00 


Naumkeag Nat'l Bank, Salem 


1,000 


1,500 


00 


1,000 00 


North America Nat'l Bank, Boston. 


1,000 


1,150 


00 


1,000 00 


Redemption Nat'l Bank, Boston 


2,000 


2,600 


00 


2,000 00 




$53,100 


$66,045 


00 


$53,100 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



07 



Railroad Bonds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Lowell Railroad 
Boston, Clinton, Fitchburg, and New 

Bedford Railroad * 
Newport, and Richford Railroad, 
guaranteed by the Connecticut 
River and Passumpsic Railroad . 


$29,000 
25,000 

10,000 


$35,380 00 
25,750 00 

10,500 00 


$29,000 00 
25,000 00 

10,000 00 




$64,000 


$71,630 00 


$64,000 00 



* This bank has been notified that this investment is illegal. 
13 



! 



98 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EMIGRANT SAVINGS BANK* — BOSTON. 

Incorporated May, 1870. Number of corporators, 26. 
Thomas Russell, President. Treasurer, John "W. McDonald. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 
Guaranty fund . 
Profit and loss 
Suspense account 



8872,375 47 

18,209 38 

9,019 67 

121,250 80 

621 27 


81,021,476 59 



Real estate .... 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Deposit in bank on interest, 
Expense account . 
Fixtures and safe 
Cash on band 



$290,322 95 

281,222 35 

220,346 70 

204.700 00 

7,097 78 

2,639 69 

11,691 91 

3,455 21 



$1,021,476 59 



Cash on Deposit in Bank : — 
Maverick National Bank 



$7,097 78 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Times for the dividends fixed by the by-laws : May and November. 

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

$200,000, 5 percent; $148,425, 6 percent; $13,000, 6£ per cent; 

$35,071.70, 7 per cent; $22,250, 7| per cent: $6,300, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . 59 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 6.491 

Number and amount of withdrawals 11.310 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Feb. 12. 



8290,322 95 

250.000 00 

281,222 35 

217.350 00 

13,672 43 

2.79S 07 

$47,902 51 



80.496 70 
18,660 67 

388.248 14 

5.586 74 

20.000 00 



* This bank was temporarily enjoined by decree of Supreme Judicial Court, April 16, 1S78, 
and is now being wound up by its officers by permission of tbe court. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



99 



ESSEX SAVINGS BANK — LAWRENCE. 

Incorporated March 12, 1847. Number of corporators, 47. 

Joseph Shattuck, President. Treasurer, James H. Eaton. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 

Guaranty fund . 



$3,734,602 82 
30,878 07 
50,000 00 



$3,815,481 49 



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 



$536,000 00 

293,225 00 

10,360 00 

303,500 00 

105,000 00 

1,708,891 16 
748,890 00 

106,000 00 

18 48 

3,596 85 



$3,815,481 49 



Loans on Bank Stock, amount on each : — 
On 40 shares Lawrence National Bank 
On 35 shares Pacific National Bank . 
On 23 shares Pemberton National Bank . 
On 8 shares Hide and Leather National Bank 
On 24 shares Old Lowell National Bank . 

Cash on Deposit in Banks, amount in each : — 
Hide and Leather National Bank, Boston . 
Bay State National Bank, Lawrence . 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ; ) 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday in 

Ar)ril and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 too per cent. 
The total amount of loans, with each specified rate of interest: 

$75,000, 4 per cent; $248,000, 4£ per cent; $642,250, 5 per cent; 

$116,600, 5£ per cent; $1,289,831.16, 6 per cent; $86,100, 7 per 

cent. 
Number of outstanding loans, which are of an amount not 

exceeding $3,000 each 426 

Aggregate amount of the same 

Number of open accounts 11,600 

Number and amount of deposits received for previous year, 15,331 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . 742 

Number and amount of withdrawals .... 6,717 



$2,700 00 


2,700 00 


2,300 00 


660 00 


2,000 00 


$18 48 


489 69 


$105,000 00 


147,300 00 


6,561 37 


1,920 47 


$202,612 16 


\ 64,354 50 


. 68,670 50 



512,175 00 

1,000,409 54 

418,087 76 
715,144 22 



100 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year . . . 3,108 
Number of accounts closed the previous year . . . 1,923 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : June 9. 

Public Funds. 



$7,722 98 
25,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 6s, currency 
4|s . 

4s 






< t 



City borids: — 
City of Boston 
of Lawrence 
of Somerville . 
of Fall River . 
of Lynn . 
of Rockland, Me. 
of Newton 



$80,000 
200,000 
100,000 



SI 0,000 
16,000 
25,000 
25,000 
50,000 
14,000 
16,000 



$536,000 



$104,000 00 


226,000 


00 


116,000 


00 


$10,300 00 


16,000 


00 


26,000 


00 


30,000 


00 


61,000 


00 


14,000 


00 


19,000 


00 


$622,300 


00 



$80,000 00 
200,000 00 
100,000 00 



$10,000 00 
16,000 00 
25,000 00 
25,000 00 
50,000 00 
14,000 00 
16,000 00 

$536,000 00 





Bank 


Stock. 








Atlas Nat'l Bank, Boston 


$13,000 


$16,500 00 


$13,000 00 


Atlantic Nat'l Bank, Boston . 


4,000 


6,000 


00 


4,000 00 


Bay State Nat'l Bank, Lawrence 


24,975 


33,000 


00 


24,975 00 


Boston Nat'l Bank, Boston 


3,000 


3,800 


00 


3,000 00 


Commonwealth Nat'l Bank, Boston, 


4,000 


5,100 


00 


4,000 00 


Commerce Nat'l Bank, Boston 


7,500 


9,500 


00 


7,500 00 


Continental Nat'l Bank, Boston 


2,000 


2,400 


00 


2,000 00 


City Nat'l Bank, Boston . 


13,000 


16,000 


00 


13,000 00 


Eliot Nat'l Bank, Boston 


8.000 


9,400 


00 


8,000 00 


Everett Nat'l Bank, Boston 


10,000 


11,500 


00 


10,000 00 


Howard Nat'l Bank, Boston 


23,200 


29,600 


00 


23,200 00 


Hide and Leather Nat'l B'k, Boston, 


10,000 


11,700 


00 


10,000 00 


Massachusetts Nat'l Bank, Boston . 


3,750 


4,600 


00 


3,750 00 


Maverick Nat'l Bank, Boston . 


5,100 


12,400 


00 


5,100 00 


Merchants' Nat'l Bank, Boston 


20,(100 


29,400 


00 


20,000 00 


North America Nat'l Bank, Boston, 


15,000 


17,500 


00 


15,000 00 


North Nat'l Bank, Boston 


10,000 


14,000 


00 


10,000 00 


Revere Nat'l Bank, Boston 


• 


22,500 


27,600 


00 


22.500 00 


Republic Nat'l Bank, Boston 


. 


25,000 


32,000 


00 


25,000 00 


Shawmut Nat'l Bank, Boston 


i . 


2,700 


3.300 


00 


2,700 00 


Suffolk Nat'l Bank, Boston 


, . 


9.000 


10,900 


00 


9,000 00 


State Nat'l Bank, Boston 


* • 


9,900 


12,400 


00 


9,900 00 


Tremont Nat'l Bank, Boston 


* • 


10,000 


12,300 


00 


10,000 00 


Traders' Nat'l Bank, Boston 


. 


7,000 


7,200 


00 


7,000 00 


Union Nat'l Bank, Boston 


. 


1 ,000 


1,500 


00 


1,000 00 


Webster Nat'l Bank, Boston 


• 


25,000 


28.000 


00 


25,000 00 


Mount Vernon Nat'l Bank, Bo 


=?ton . 


4.600 


5,700 


00 


4,600 00 






$293,225 


$373,300 


00 


$293,225 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



101 



Railroad Bonds. 





Par Value. 


Estimated 
Market Vakue. 


Amount Invested. 


Boston and Maine Railroad 
Boston and Lowell Railroad 
Eastern Railroad .... 


$200,000 
50,000 
53,500 


$254,000 00 
62,000 00 
59,000 00 


$200,000 00 
50,000 00 
53,500 00 




$303,500 


$375,000 00 


$303,500 00 



102 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FAIRHAVEN INSTITUTION FOR SAVINGS — FAIRHAVEN. 

Incorporated 1832. Number of corporators, 52. 
George H. Taber, President. Treasurer, Charles Drew. 

Statement. 



. Liabilities 


• 


Assets. 


Deposits 


$525,756 93 


Public funds 


$38,500 00 


Earnings undivided . 


8,358 43 


Bank stock .... 


179,940 00 


Guaranty fund . 


7,771 67 


Loans on bank stock . 


400 00 






Real estate (banking house), 


4,809 36 






Real estate .... 


7,512 29 


» 




Real estate by foreclosure . 


101,776 77 






Loans on real estate . 


84,550 00 






Loans on personal security, 


83,452 75 






Deposit in bank on interest, 


20,000 00 






Oak Bluff bonds* 


10,320 20 






Cash on hand 


10,625 66 




$541,887 03 


$541,887 03 



Loans on Bank Stock, amount on each : — 
On 3 shares National Bank of Commerce, Boston . 
On 5 shares National Bank, Fairhaven 

Cash on Deposit in Bank : — 
National Bank, Fairhaven 

Amount invested in real estate (for banking purposes) 
Estimated value of the same .... 
Amount of real estate held by foreclosure 
Assessed value of the same t . . 

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



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : last Monday in April 

and October. 
The total amount of loans, with each specified rate of interest 

$20,000, 3 per cent; $44,000. 5 per cent; $105,788.75, 6 per cent; 

$9,275, 6£ per cent; $9,339, 7 per cent. 
Number of outstanding loans which are of an amount not 



$200 00 


200 00 


$30,540 81 


$4,809 36 


4.809 36 


101.776 77 


58.233 00 


1.216 61 


843 98 


$49,815 16 


11.473 51 


10,333 68 



exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals 



55 



• 


41.202 75 


• 


42.012 29 


,078 




103 


44.830 11 


30 


18,922 72 


914 


172,248 07 



* Taken to secure indebtedness. 



| Unable to give whole of assessed value. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



103 



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: Sept. 19. 



41 
315 



$2,409 18 
5,000 00 



Public Funds. 



f 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds : — 

City of Bath, Me 

of Belfast, Me. 
Town of Fairhaven .... 


$5,000 

6,500 

27,000 


$5,100 00 

6,500 00 

32,400 00 


$5,000 00 

6,500 00 

27,000 00 




$38,500 


$44,000 00 


$38,500 00 



Bank Stock. 



Fairhaven Nat'l Bank, Fairhaven . 


$24,640 


$24,640 00 


$24,640 00 


First Nat'l Bank, New Bedford 


10,400 


14,092 00 


10,400 00 


Citizens' Nat'l Bank, New Bedford. 


8,000 


9,380 00 


8,000 00 


Commerce Nat'l B'k, New Bedford, 


4,000 


5,400 00 


4,000 00 


Mechanics' Nat'lB'k, New Bedford, 


6,800 


10,234 00 


6,800 00 


Commerce Nat'l Bank, Boston 


15,000 


19,312 50 


15,000 00 


Merchants' Nat'l Bank, Boston 


8,000 


11,700 00 


8,000 00 


Eliot Nat'l Bank, Boston 


10,000 


12,025 00 


10,000 00 


North Nat'l Bank, Boston 




5,600 


7,959 00 


5,600 00 


Traders' Nat'l Bank, Boston . 




10,500 


10,710 00 


10,500 00 


Webster Nat'l Bank, Boston 




6,500 


7,312 50 


6,500 00 


Boston Nat'l Bank, Boston 




10,000 


12,800 00 


10,000 00 


Republic Nat'l Bank, Boston 




8,000 


10,480 00 


8,000 00 


State Nat'l Bank, Boston 




10,000 


12,525 00 


10,000 00 


Howard Nat'l Bank, Boston 




10,000 


13,012 50 


10,000 00 


North America Nat'l Bank, Boston. 


10,000 


11,500 00 


10,000 00 


Continental Nat'l Bank, Boston 


5,000 


5,912 50 


5,000 00 


Metropolitan Nat'l Bank, Boston 


4,000 


4,810 00 


4,000 00 


Manufacturers' Nat'l Bank, Boston . 


3,500 


3,858 75 


3,500 00 


Wachusett Nat'l Bank, Fitchburg . 


10,000 


20,700 00 


10,000 00 






$179,940 


$228,363 75 


$179,940 00 



104 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FALL RIVER FIVE CENTS SAVINGS BANK — FALL RIVER. 

Incorporated April 10, 1855. Number of corporators, 70. 

"Walter C. Durfee, President. Treasurer, Charles J. Holmes. 

Statement. 



Liabilities 


" 


Assets. 


Deposits 


$1,065,515 44 


Public funds 


$100,000 00 


Earnings undivided . 


38,579 71 


Bank stock .... 


200,900 00 


Guaranty fund . 


13,362 58 


Railroad bonds . 


70,000 00 






Real estate .... 


45,000 00 






Loans on real estate . 


426,750 00 






Loans on personal security, 


247,641 63 






Expense account . 


1,353 78 






Border City Manufacturing 








Company* 


20,200 00 






Cash on band 


5,612 32 




$1,117,457 73 


$1,117,457 73 



Amount invested in real estate (for banking purposes) . 

Estimated value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

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

previous year S 2\ 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: 

$54,000, 4 per cent; $45,000, 41 per cent: S421.375, 5 per cent; 

$46,000, 5| per cent; $78,175, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 89 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year, 10.356 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : July 21. 



$45,000 00 

45,000 00 

845 50 

$59,773 64 
23,113 16 
23.128 49 



• 


109.050 00 


► t 


13,192 70 


4,605 




0.356 


215.729 91 


149 


98.890 00 


2,060 


209,876 68 


578 




499 




• 


3,663 46 


• 


20.000 00 



* Taken to secure indebtedness. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



Public Funds. 



105 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, currency 


• • 


$100,000 


$134,000 00 


$100,000 00 


Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Broadway Nat'l Bank, Boston . 
Eliot Nat'l Bank, Boston 
First Nat'l Bank, Boston . 
Howard Nat'l Bank, Boston . 
Maverick Nat'l Bank, Boston . 
Monument Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
North America Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston 
Webster Nat'l Bank, Boston 
First Nat'l Bank, Chelsea 
First Nat'l Bank, Maiden 
First Nat'l Bank, Oxford 
Metacomet Nat'l Bank, Fall River 
Union National Bank, Fall River 
Second Nat'l Bank, Fall River 



$1,300 
3,000 

12,000 
3,200 
5,500 
1,500 
5,000 

13,300 
2,200 
8,500 

10,000 
700 
4,000 
7,500 
8,400 
7,500 
6,700 
3,000 

30,000 

10,000 
2,000 
9,400 
5,000 

41,200 



$200,900 



$1,989 00 


3,750 


00 


13,800 


00 


4,096 


00 


5,390 


00 


1,800 


00 


10,400 


00 


17,290 


00 


5,500 


00 


17,765 


00 


12,700 00 


903 


00 


5,760 


00 


8,737 


50 


9,660 


00 


9,150 


00 


8.542 


50 


3,330 


00 


37,500 00 


12,000 


00 


2,240 


00 


11,750 


00 


5,750 


00 


47,380 


00 


$257,183 00 



$1,300 00 
3,000 00 

12,000 00 
3,200 00 
5,500 00 
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 

30,000 00 

10,000 00 
2,000 00 
9,400 00 
5,000 00 

41,200 00 

$200,900 00 



Railroad Bonds. 



Rutland Railroad equipment . 



$100,000 



$85,000 00 



$70,000 00 



14 



106 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FALL RIVER SAVINGS BANK — FALL RIVER. 

Incorporated 1828. Number of corporators, 124. 
J. B. French, President. Treasurer, C. A. Bassett. 

Statement. 



Liabilities 




Assets. 


Deposits 


$4,181,740 99 


Public funds 


$700,000 00 


Earnings undivided . 


120,123 94 


Bank stock .... 


641,200 00 


Guaranty fund . 


68,500 00 


Loans on bank stock . 


20,700 00 






Real estate .... 


50,000 00 






Real estate by foreclosure . 


32,500 00 






Loans on real estate . 


1,417,608 46 






Loans on personal security, 


1,416,732 00 






Deposit in banks on interest, 


20,200 00 






Expense account . 


923 57 






Tax account .... 


913 90 






Stocks and bonds * 


69,050 00 






Cash on hand 


537 00 




$4,370,364 93 


£4,370,364 93 



Loans on Bank Stock, amount on each : — 
On 200 shares Metacomet National Bank. Fall River 
On 10 shares Pocasset National Bank, Fall River . 

Cash on Deposit in Banks, amount in each : — 
Metacomet National Bank, Fall River 
Maverick National Bank, Boston 
National Bank of North America, Boston 
National Bank of Redemption, Boston 
Revere National Bank, Boston .... 



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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ( 2} per cent 

previous year ) 2\ per cent 

Times for the dividends fixed by the by-laws : first Monday in April 

and October. 
The total amount of loans, with each specified rate of interest 

$332,500, 4 per cent; $306,550, 4£ per cent; $1,872,450, 5 per cent; 

$229,025, 54, per cent; $114,515.46. 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 269 

Aggregate amount of the same 

Number of open accounts 9,558 



$20,000 00 
700 00 



83.000 00 
5,000 00 
5.000 00 
2.200 00 
5,000 00 

$50,000 00 

45.400 00 

32.500 00 

33.000 00 

1.588 56 

1,489 60 

$249,476 98 
j 93,475 59 
( 92.403 27 



355.633 00 



* Taken to secure indebtedness. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



107 



Number and amount of deposits received for previous year, 4,210 $498,73(5 49 
Number and amount of deposits of and exceeding $300 at any 

one time for tlie previous year 418 289,343 54 

Number and amount of withdrawals . . . . . 0,721 788,744 23 

Number of accounts opened the previous year . . . 1,198 

Number of accounts closed tlie previous year . . . 1,455 

Amount of expenses of the corporation during previous year. . 10,280 98 

Amount of treasurer's bond 25,000 00 

Date of examination by commissioner: July 21. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4-1 s, registered 
" 4s, registered 



u 



$450,000 
250,000 



$700,000 



$508,500 00 
290,000 00 



$798,500 00 



$450,000 00 
250,000 00 



$700,000 00 



Bank Stock. 



Fall River Nat'l Bank, Fall River . 


$66,300 


$89,505 00 


$66,300 00 


Metacomet Nat'l Bank, Fall River . 


93,500 


116,875 00 


93,500 00 


Massasoit Nat'l Bank, Fall River . 


42,200 


75,960 00 


42,200 00 


Second Nat'l Bank, Fall River 


15,000 


17,250 00 


15,000 00 


Union Nat'l Bank, Fall River . 


18,000 


20,700 00 


18,000 00 


First Nat'l Bank, New Bedford 


50,000 


67,500 00 


50,000 00 


Commerce Nat'l Bank, New Bedford, 


42,000 


57,540 00 


42,000 00 


Merchants' Nat'l B'k, New Bedford, 


22,000 


35,200 00 


22,000 00 


Eliot Nat'l Bank, Boston 


15,000 


18,000 00 


15,000 00 


Faneuil Hall Nat'l Bank, Boston 


40,000 


53,600 00 


40,000 00 


First Nat'l Bank, Boston 


33,000 


68,310 00 


33,000 00 


Howard Nat'l Bank, Boston . 


30,000 


39,000 00 


30,000 00 


Merchants' Nat'l Bank, Boston 


16,000 


23,360 00 


16,000 00 


Second Nat'l Bank, Boston 


23,200 


35,032 00 


23,200 00 


Washington Nat'l Bank, Boston 


20,000 


28,000 00 


20,000 00 


Hide and Leather Nat'l B'k, Boston, 


25,000 


29,000 00 


25,000 00 


Revere Nat'l Bank, Boston 


30,000 


36,600 00 


30,000 00 


Commerce Nat'l Bank, Boston 


20,000 


25,600 00 


20,000 00 


North America Nat'l Bank, Boston . 


40,000 


46,000 00 


40,000 00 




$641,200 


$883,032 00 


$641,200 00 



108 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FITCHBURG SAVINGS BANK — FITCHBURG. 

Incorporated Feb. 12, 1846. Number of corporators, 61. 
Thornton K. Wake, President. Treasurer, Charles J. Billings. 

Statement. 



Liabilities. 


Assets. 


Deposits 


• • • 


31,906,625 97 


Public funds 


3135,222 50 


Earnings 


undivided . 


36,012 85 


Bank stock . 


215,810 00 


Guaranty 


fund . 


38,500 00 


Loans on bank stock . 

Railroad bonds . 

Real estate . 

Real estate by foreclosure 

Loans on real estate . 

Loans on personal security 

Loans to counties, cities, oi 


9,500 00 

2,700 00 

150,000 00 

81,340 00 

752,516 00 

433,333 00 




• 




towns .... 


10,000 00 








Deposit in banks on interest, 183,843 82 








Expense account . 


396 62 




» 




Cash on hand 


6,476 88 




$1,981,138 82 


$1,981,138 82 



Loans on Bank Stock, amount on each: — 
On 50 shares Fitchburg National Bank 
On 57 shares Safety Fund National Bank . 

Cash on Deposit in Banks, amount in each: — 

Fitchburg National Bank 

Safely Fund National Bank .... 
First National Bank, Leominster 

Townsend National Bank 

Westminster National Bank .... 

Conway National Bank 

Maverick National Bank 

Shawmut National Bank 



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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 
previous year ' - per cent 

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

The total amount of loans, with each specified rate of interest 
$1,017.54, 2£ per cent; $57,826.28, 3 per cent; $13,000, 3| per 
cent; $158,500, 4 per cent; $158,000, 4£ per cent; $311,700, 5 per 
cent; $40,400, 5| per cent; $612,503.50, 6 per cent; $89,276, 6* 
per cent; $79,192, 7 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 255 



$5,000 00 
4,500 00 



$50,000 00 

15,000 00 

20,000 00 

65,000 00 

20,000 00 

15.000 00 

12,82(3 28 

1,017 54 

$150,000 00 

150,000 00 

81,340 00 

69,225 00 

5,173 60 

3,331 65 

$113,317 74 
j 35,734 41 
I 36,487 16 



1882.] 



PUBLIC DOCUMENT — No. 8. 



109 



Aggregate amount of the same 

Amount of investments from which no income is received 
Number of open accounts ....... 5,316 

Number and amount of deposits received for previous year, 2,844 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 524 

Number and amount of withdrawals 2,283 

Number of accounts opened the previous year . . . 1,118 

Number of accounts closed the previous year .... 936 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : May 13. 

Purlic Funds. 



$32,150 54 

52,300 00 

574,802 08 

371,023 15 
499,084 65 



4,364 88 
25,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City and town bonds: — 
City of Fitchburg . . . 
of Norwich, Conn. . 
of Portland, Me. 
Town of Tolland .... 
of Sandisfield 


$63,000 

$50,000 

17,000 

5,000 

2,000 

1,000 


$71,192 50 

$58,500 00 

22,100 00 

5,750 00 

2,060 00 

1,030 00 


$63,000 00 

• 

$46,625 00 

17,935 00 

4,662 50 

2,000 00 

1,000 00 




$138,000 


$160,632 50 


$135,222 50 



Bank Stock. 



Fitchburg Nat'l Bank, Fitchburg 
Rollstone Nat'l Bank, Fitchburg 
Safety Fund Nat'l Bank, Fitchburg 
First Nat'l Bank, Leominster . 
Town send Nat'l Bank, Townsend 
Crocker Nat'l Bank, Turner's Falls 
City Nat'l Bank, Worcester 
Quinsigamond Nat'l B'k, Worcester 
Merchants' Nat'l Bank, Boston 
Howard Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston, 
North America Nat'l Bank, Boston, 
Commerce Nat'l Bank, New Bedford, 
Citizens' Nat'l Bank, New Bedford, 



$13,500 
11,300 
17,000 
20,000 
500 
20,000 
10,000 

3,000 
20,000 
15,000 
13,300 
11,600 
15,000 
10,000 

6,600 
10,000 
10,000 



$206,800 



$20,925 00 


18,419 00 


18,700 00 


21,000 00 


675 00 


25,000 00 


11,400 00 


3,360 00 


29,000 00 


19,500 00 


17,024 00 


16,472 00 


18,150 00 


11,500 00 


7,524 00 


13,900 00 


11,725 00 


$264,274 00 



$14,000 00 
12,210 00 
18,050 00 
22,550 00 
500 00 
20,000 00 
10,000 00 
3,000 00 
20,000 00 
15,000 00 
13,300 00 
11,600 00 
15,000 00 
11,600 00 
6,600 00 
12,400 00 
10,000 00 

$215,810 00 



Railroad Bonds. 



Agricultural Branch Railroad . 




$3,030 00 



$2,700 00 



110 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FLORENCE SAVINGS BANK — FLORENCE. 

Incorporated 1873. Number of corporators, 39. 

A. T. Lilly, President. Treasurer, M. W. Bond. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$128,496 83 
1,272 36 
1,308 30 


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


$1,713 64 
63,736 20 
52.282 00 
12,209 84 
63 56 
1,072 25 




$131,077 49 


$131,077 49 



Cash on Deposit in Bank: — 
Hampshire County National Bank . 

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



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for / 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : second Tuesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : (H per cent. 
The total amount of loans, with each specified rate of interest: 

$15,000, 5 per cent; $101,018.20, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 103 

Aggregate amount of the same 

Number of open accounts 730 

Number and amount of deposits received for previous year . 997 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 23 

Number and amount of withdrawals 342 

Number of accounts opened the previous year .... 168 
Number of accounts closed the previous year .... 104 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: July 12. 



• 


$12,209 84 


• 


$1,713 64 


• 


2.600 00 


• 


108 32 


• 


11 67 


• 


$6,646 44 


:i 


2,089 66 


2,314 76 



68.518 20 

51,4SS 34 

15,857 14 
80.607 52 



798 67 
10,000 00 



* This bank has been notified that these loans exceed the local limit. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



Ill 



FOXBOROUGH SAVINGS BANK* — FOXBOROUGH. 

Incorporated April 1855. Number of corporators, 60. 

Charles W. Hodges, President. Treasurer, Eli Phelps. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . * 


$134,425 17 
2,191 54 
1,800 00 


Public funds 

Bank stock . ■ . 

Real estate by foreclosure . 

Loans on real estate . 

Loans on personal security, 

Deposit in bank on interest, 

Cash on hand 


$4,000 00 
10,150 00 
15,600 00 
74,585 00 
6,505 29 
26,955 12 
621 30 




$138,416 71 


$138,416 71 



Cash on Deposit in Bank : — 
Merchandise National Bank, Boston . 



$26,955 12 



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



$15,600 00 

17,360 00 

1,284 95 

303 32 



Whole amount of interest or profits received or earned . 

Times for the dividends fixed by the by-laws : May and November. 

Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6-£ per cent. 
The total amount of loans, with each specified rate of interest: 

$67,210.29, 6 per cent; $1,500, 6i per cent; $12,380, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts . 

Number and amount of withdrawals .... 
Number of accounts closed the previous year . . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : Dec. 3. 



,856 78 



115 



838 
1 

1 



73,590 29 
2,044 15 

100 00 

497 18 
13,000 00 



* An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued April 30, 1878, and extended for one year, 
April 30, 1879, to pay ten per cent of remainder of deposits each six months. This order was so 
modified April 30, 1880, that from this date until March 21, 1881, the bank was restricted from 
making any payments to depositors, except those due under the previous orders. The hank 
was temporarily enjoined by order of the Supreme Judicial Court, March 18, 1881. 



112 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City of Boston 5s of 1883 


• • 


$4,000 


$4,070 00 


$4,000 00 


Bank Stock. 



Boylston Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 
Faneuil Hall Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Merchandise Nat'l Bank, Boston 
Wrentham Nat'l Bank, Wrentham 



$1,500 

1,000 

800 

1,500 

5,000 

350 




$1,825 00 
1,120 00 
1,048 00 
1,755 00 
5,500 00 
350 00 



$11,598 00 



$1,500 00 

1,000 00 

800 00 

1,500 00 

5,000 00 

350 00 



$10,150 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



113 



FRAMINGHAM SAVINGS BANK — FRAMINGHAM. 

Incorporated 1846. Number of corporators, 40. 
L. F. Fuller, President. Treasurer, C. S. Adams. 

Statement. 



Liabilities 


• 


Assets. 




Deposits 


$1,247,801 91 


Public funds 


$153,500 00 


Earnings undivided . 


51,792 19 


Loans on public funds 


500 00 


Guaranty fund . 


16,600 00 


Bank stock .... 


164,800 00 






Loans on bank stock . 


42,429 00 






Loans on bank books . 


400 00 






Railroad bonds . 


43,000 00 






Loans on railroad bonds . 


3,000 00 






Real estate by foreclosure . 


16,200 00 






Loans on real estate . 


711,227 00 






Loans on personal security, 


86,901 08 






Deposit in banks on interest, 


45,000 00 






Expense account . 


3,610 11 






Premium account 


13,326 00 






Safe, vault, etc. . 


2,000 00 






Cash on hand and in bank, 


30,300 91 




$1,316,194 10 


$1,316,194 10 



Loans on Public Funds : — 
On $500 United States 4s $500 00 

Loans on Bank Stock, amount on each : — 

On 79 shares Framingham National Bank $6,829 00 

On 120 shares Natick National Bank and 100 shares Spencer Na- 
tional Bank 20,000 00 

On 100 shares Boston National Bank and 104 shares National Bank 

of Redemption 15,000 00 

On 6 shares Waltham National Bank 600 00 

On Framingham Savings Bank book 100 00 

On Natick Savings Bank book * 300 00 



Loans on Railroad Bonds : — 
On $3,000 Agricultural Railroad 



Cash on Deposit in Banks, amount in each : 
Framingham National Bank 
South Framingham National Bank . 
Boston Safe Deposit and Trust Company t 

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



Whole amount of interest or profits received or earned 



$3,000 00 

$17,996 68 
21,213 00 
25,045 61 

$16,200 00 
17,600 00 

1,788 98 
387 72 

$74,889 36 



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

t The Attorney-General has given an opinion that, under the provisions of sect. 3, chap. 214 
of the Acts of 1881, deposits by savings banks in this trust company are legal. 

15 



114 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Kate and amount of each semi-annual dividend for ) 2% per cent . { $26,920 57 

previous year ) 2| per cent . I 27,881 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: 

$48,700, 4 per cent; $795,257.08, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 535 

Aggregate amount of the same 608,977 57 

Amount of investments from which no income is received . . 6,500 00 

Number of open accounts 4,823 

Number and amount of deposits received for previous year, 1,S60 238,510 57 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 239 147,023 09 

Number and amount of withdrawals .... 1,263 170,15158 

Number of accounts opened the previous year .... 824 

Number of accounts closed the previous year .... 319 

Amount of expenses of the corporation during previous year . 3,610 11 

Amount of treasurer's bond 20,000 00 

Date of examination by commissioner: May 16. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds 

State and city bonds: — 
State of Maine 
City of Boston 

of Providence, II. I. 

of Worcester . 

of Norwalk, Conn. 

of Lewiston, Me. 



$14,500 



$21,000 
24,000 
30,000 
25,000 
30,000 
9,000 



$153,500 



$16,400 00 


$22,300 00 


26,400 


00 


35,300 


00 


27,500 


00 


32,400 


00 


11,300 


00 


$171,600 


00 



$14,500 00 



$21,000 00 
24,000 00 
30,000 00 
25,000 00 
30,000 00 
9,000 00 

$153,500 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$600 


$875 00 


S600 00 


Boston Nat'l Bank, Boston 


3,300 


3,800 00 


3,300 00 


Blackstone Nat'l Bank, Boston 


1,900 


2,100 00 


1,900 00 


Commerce Nat'l Bank, Boston 


11,900 


15,400 00 


11,900 00 


Central Nat'l Bank, Boston 


10,000 


10,000 00 


10,000 00 


Continental Nat'l Bank, Boston 


10,000 


11,800 00 


10,000 00 


Eliot Nat'l Bank, Boston 


] 5,500 


18,200 00 


15,500 00 


Framingham N'l B'k, Framingham, 


2,000 


3,000 00 


2,000 00 


First Nat'l Bank, Boston 


16,500 


34,100 00 


16,500 00 


Freeman's Nat'l Bank, Boston 


3,000 


3,700 00 


3,000 00 


Globe Nat'l Bank, Boston 


1,500 


1,650 00 


1,500 00 


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


18,000 


21,500 00 


18,000 00 


Howard Nat'l Bank, Boston . 


13,600 


17,500 00 


13,600 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



115 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


North America Nat'l Bank, Boston . 
Market jSTat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston . 
Nat'l Bank of the Republic, Boston, 
Shoe and Leather Nat'l B'k, Boston, 
Second Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 
S. Framingham N'l B'k, S. Fra'ham, 


$1,000 
3,000 
8,500 
9,000 
5,000 
3,000 

11,000 
6,500 

10,000 


$1,150 00 
3,250 00 

10,600 00 

11,250 00 
5,850 00 
4,850 00 

11,450 00 
7,200 00 

10,150 00 


$1,000 00 
3,000 00 
8,500 00 
9,000 00 
5,000 00 
3,000 00 

11,000 00 
6,500 00 

10,000 00 




$164,800 


$209,375 00 


$164,800 00 



Railroad Bonds. 



Fitchburg Railroad . 
Salem and Lowell Railroad 
Lowell Railroad 



$20,000 

20,000 

3,000 



$43,000 



$22,400 00 

23,000 00 

3,200 00 



$48,600 00 



$20,000 00 

20,000 00 

3,000 00 



$43,000 00 



116 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FRANKLIN SAYINGS BANK — BOSTON. 

Incorporated March, 1861. Number of corporators, 78. 

Osmyn Brewster, President. Treasurer, Henry "Whittemore. 

Statement. 



Liabilities 


. 


Assets. 

• 


Deposits 


$3,048,412 82 


Public funds 


$255,021 87 


Earnings undivided . 


143,370 36 


Loans on public funds 


24,650 00 


Guaranty fund . 


36,319 57 


Bank stock .... 


79,617 83 






Real estate by foreclosure . 


297,967 53 






Loans on real estate . 


1,978,997 76 






Loans on personal security, 


316,575 00 






Loans to counties, cities, or 








towns. 


216,975 00 






Deposit in banks on interest, 


44,849 08 






Expense account . 


3,4(55 18 






Cash on hand 


9,983 50 


• 


$3,228,102 75 


$3,228,102 75 



Loans on Public Funds, amount on each : — 
On $2,000 United States 6s, currency 
On $14,050 United States 4s ... 
On $8,600 United States 4&s 

Cash on Deposit in Banks, amount in each : - 
Continental National Band . 
Revere 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 . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ( 2 per cent 

previous year J 2 per cent 

Times for the dividends fixed by the by-laws : Feb. 1 and Aug. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5^ per cent. 
The total amount of loans, with each specified rate of interest: 

$200,000, 3£ percent; $50,000, 3| percent; $51,650, 4 percent; 

$150,000, 4£ per cent; $115,000, 4£ per cent; $609,760, 5 percent; 

$93,800, 5| per cent; $835,312.76, 6 per cent; $127,750, 6£ per cent; 

$69,850, 7 per cent; $17,100, 7$ per cent. 
Number of outstanding loans which are of an amount not 



:I 



$2,000 00 

14.050 00 

8,600 00 



$34,164 54 
10,6S4 54 

$297,967 53 

285,800 00 

16,102 72 

4,909 20 

$159,315 36 
55,852 16 
57,602 67 



exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts . 

Number and amount of deposits received for previous year. 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 



67 



• 


181,021 40 


• 


30,405 50 


7.813 




5,075 


658, 89S 05 


539 


306.949 83 



1882.] 



PUBLIC DOCUMENT — No. 8. 



117 



4,862 $513,350 21 



1,130 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year .... 954 

Amount of expenses of the corporation during previous year . . 12,428 32 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner : Feb. 19. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 

a a Ala 

^"o"0 • • • • 


$20,000 
22,5,000 


$23,250 00 
254,250 00 


$18,193 75 
236,828 12 




$245,000 


$277,500 00 


$255,021 87 



Bank 


Stock. 






Continental Nat'l Bank, Boston 


$23,500 


$27,876 87 


$22,237 75 


Revere Nat'l Bank, Boston 


19,900 


24,178 50 


20,114 38 


Webster Nat'l Bank, Boston . 


3,100 


4,394 25 


2,905 75 


New England Nat'l Bank, Boston . 


4,000 


5,940 00 


4,170 00 


Atlas Nat'l Bank, Boston 


5,500 


6,875 00 


5,520 00 


Second Nat'l Bank, Boston 


5,500 


8,332 50 


5,602 95 


North Nat'l Bank, Boston 


14,600 


20,768 50 


14,067 00 


Third Nat'l Bank, Springfield 


5,000 : 


8,000 00 


5,000 00 




$81,100 


$106,365 62 


$79,617 83 



118 



BANK COMMISSIONERS' EEPORT. 



[Jan. 



FRANKLIN SAVINGS INSTITUTION — GREENFIELD. 

Incorporated 1834. Number of corporators, 20. 
Samuel O. Lamb, President. Treasurer, "William H. Allen. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$2,779,434 00 


Public funds 


$1,293,900 00 


Earnings undivided . 


24,213 03 


Bank stock .... 


69,530 00 


Guaranty fund . 


28,000 00 


Loans on bank stock . . 


39,120 00 






Railroad bonds . 


182.500 00 






Real estate by foreclosure . 


9,773 28 






Loans on real estate . 


625.210 19 






Loans on personal security, 


302,755 51 






Loans to counties, cities, or 








towns 


180,823 05 




» 


Deposit in banks on interest, 


119,951 63 






Expense account . 


619 67 






Premium account 


5,000 00 






Interest unpaid . 


310 00 


- 




Cash on band 

i 


2,153 70 




$2,831,647 03 


$2,831,647 03 



Loans on Bank Stock, amount on each : — 
On 62 shares First National Bank, Northampton 
On. 10 shares City National Bank, Worcester . 
On 10 shares Crocker National Bank, Turner's Falls 
On 21 shares City National Bank, Worcester . 
On 28 shares Ware National Bank, Ware . 
On 6 shares Shelburne Falls National Bank . 
On 14 shares Franklin County National Bank, Greenfield 
On 24 shares First National Bank, Greenfield . 
On 10 shares Packard National Bank, Greenfield 
On 70 shares Railroad National Bank. Lowell . 
On 50 shares National Bank of Redemption, Boston 
On 50 shares Railroad National Bank, Lowell . 
On 54 shares Franklin County National Bank, Greenfield 



$5,500 00 

800 00 

1.000 00 

4,900 00 

600 00 
520 00 

2.700 00 
700 00 

7,000 00 

10,000 00 
5,400 00 



Cash on Deposit in Banks, amount in each : — 
Hide and Leather National Bank, Boston . 
First National Bank, Greenfield 
Franklin County National Bank, Greenfield 
Packard 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 . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ' 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 



$29,854 13 
53.097 50 
20,000 00 
17,000 00 

$9,773 2S 

9,926 00 

617 16 

38 61 

$155,736 08 
I 54,094 47 
( 54.527 SS 



1882.] 



PUBLIC DOCUMENT— No. 8. 



119 



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

$17,000, 4 per cent; $230,823.05, 4£ per cent; $900,085.70, 5 per 

cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 510 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 6,865 

Number and amount of deposits received for previous year, 3,163 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 202 

Number and amount of withdrawals .... 2,962 

Number of accounts opened the previous year . . . 734 

Number of accounts closed the previous year .... 669 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 10. 



$434,693 00 
835 35 

250,237 01 

103,771 24 
337,253 13 



4,8*9 99 

50,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


$245,000 


$255,650 00 


$245,000 00 


City and town bonds: — 








City of Nashua, N.H. . 


$75,000 


$96,750 00 


$75,000 00 


of Worcester . 






18,000 


21,495 00 


18,000 00 


of Springfield . 






44,000 


56,402 00 


44,000 00 


of Lawrence 






30,000 


38,500 00 


30,000 00 


of Fitchburg . 






13,000 


15,340 00 


13,000 00 


of Somerville . 






35,000 


37,639 00 


35,000 00 


of Boston 






72,000 


88,930 00 


72,000 00 


of Lynn . 






10,000 


12,400 00 


10,000 00 


of Cambridge . 






75,000 


85,580 00 


75,000 00 


of Holyoke 






80,000 


92,718 00 


80,000 00 


of Lowell 






46,000 


53,360 00 


46,000 00 


of Portland, Me. 






5,000 


5,625 00 


5,000 00 


of Fall River . 






70,000 


77,215 00 


70,000 00 


of Brockton 






28,000 


32,618 00 


28,000 00 


of Providence, R.I. . 






125,000 


158,917 00 


125,000 00 


of Taunton 






1,000 


1,250 00 


1,000 00 


Town of Adams 






25,000 


30,250 00 


25,000 00 


of Maiden 






60,000 


72,650 00 


60,000 00 


of Stockbridge 






5,000 


5,250 00 


5,000 00 


of Hyde Park 






20,000 


20,136 00 


20,000 00 


of Brookline . 






101,400 


121,067 00 


101,400 00 


of Everett 






25,000 


29,750 00 


25,000 00 


of Amherst . . 






50,000 


60,166 00 


50,000 00 


of Greenfield . 






12,500 


13,479 00 


12,500 00 


of Gill . 






10,000 


10,766 00 


10,000 00 


of Chicopee . 






13,000 


13,000 00 


13,000 00 








$1,293,900 


$1,506,903 00 


$1,293,900 00 



120 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


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 
Traders' Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 
Adams Nat'l Bank, North Adams . 
Pittsfield Nat'l Bank, Pittsfield 


$9,800 
4,900 

15,300 

500 

8,700 

12,500 
1,500 

10,200 
1,000 
3,000 


$17,640 00 
6,125 00 

19,698 00 
653 00 

10,005 00. 

15,250 00 
1,530 00 

11,373 00 
1,450 00 
4,680 00 


$9,800 00 
4,900 00 

15,300 00 

500 00 

8,700 00 

12,500 00 
1,500 00 

10,200 00 
1,450 00 
4,680 00 




$67,400 


$88,404 00 


$69,530 00 



Railroad Bonds. 



Connecticut River Railroad 
Eastern Railroad .... 
Boston and Albany Railroad . 
Vermont and Massachusetts Railroad, 



$50,000 
57,500 
25,000 
50,000 



$182,500 



$50,000 00 
62,962 00 
32,300 00 
66,500 00 



*211,762 00 



$50,000 00 
57,500 00 
25,000 00 
50,000 00 



$182,500 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



121 



GARDNER SAVINGS BANK — GARDNER. 

Incorporated 18G8. Number of corporators, 81. 
John Edgell, President. Treasurer, John D. Edgell. 

Statement. 



Liabilities 

l 


• 


Assets. 




Deposits 


$677,715 91 


Public funds 


$18,450 00 


Earnings undivided . 


1,381 52 


Bank stock .... 


102,577 50 


Guaranty fund . 


10,756 49 


Loans on bank stock . 


23,600 00 


Interest account . 


3,368 75 


Railroad bonds . 


24,600 00 






Real estate by foreclosure . 


3,299 29 






Loans on real estate . 


306,471 97 






Loans on personal security, 


69,910 48 


• 




Loans to counties, cities, or 








towns 


86,040 00 






Deposit in banks on interest, 


50,000 00 






Expense account . 


154 12 






Cash on band 


8,119 31 




$693,222 67 


$693,222 67 



$21,600 00 


2,000 00 


$25,000 00 


15,000 00 


5,000 00 


5,000 00 


$3,299 29 


3,000 00 


96 00 


39 14 


$33,944 98 


12,189 07 


12,528 44 



Loans on Bank Stock, amount on each : — 
On 223 shares First National Bank, Gardner . 
On 40 shares First National Bank, Winchendon 

Cash on Deposit in Banks, amount in each: — 
Maverick National Bank, Boston 
National Bank of the Commonwealth, Boston 
Pacific National Bank, Boston . 
Westminster National Bank, Westminster 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July I. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$50,000, 4 per cent; $28,520, 4J per cent; $8,000, 5 per cent; 

$399,502.45, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 429 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 2,237 

Number and amount of deposits received for previous year, 5,733 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 102 

Number and amount of withdrawals 912 

Number of accounts opened the previous year .... 342 
Number of accounts closed the previous year .... 163 
16 



288,514 47 
600 00 

151,966 32 

42,343 27 
107,941 58 



122 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : June 23. 



$1,645 11 
20,000 00 



Public Funds. 





Par Value. 


Estimnted 
Market Value. 


Amount Invested. 


United States 6s, 1881, continued . 
" 4s, 1907 . 
" " 4|s, 1891 . 

Bath, Me., municipal 6s . 


$15,600 

1,100 

750 

$1,000 


$15,756 00 

1,276 00 

847 50 

$1,050 00 


$15,600 00 

1,100 00 

750 00 

$1,000 00 




$18,450 


$18,929 50 


$18,450 00 



Bank 


Stock. 








Mechanics' Nat'l Bank, Worcester . 


$5,000 


$5,750 


00 


$5,250 00 


Citizens' Nat'l Bank, Worcester 


2,000 


2,120 


00 


2,000 00 


First Nat'l Bank, Gardner 


6,700 


8,710 


00 


7,370 00 


Orange Nat'l Bank, Orange 


10,000 


11,000 


00 


10,000 00 


Crocker Nat'l Bank, Turner's Falls, 


10,000 


10,700 


00 


10,000 00 


Rollstone Nat'l Bank, Fitchburg 


1,200 


1,920 00 


1,800 00 


First Nat'l Bank, Ashburnham 


2,000 


2,077 


50 


2,077 50 


Metropolitan Nat'l Bank, Boston 


400 


500 


00 


400 00 


Central Nat'l Bank, Boston 


1,000 


1,200 


00 


1,000 00 


Howard Nat'l Bank, Boston . 


2,500 


3,250 


00 


2.500 00 


Boston Nat'l Bank, Boston 


12,500 


16.375 


00 


12,500 00 


Continental Nat'l Bank, Boston 


1,500 


1,815 


00 


1,500 00 


Merchandise Nat'l Bank, Boston 


5,000 


5,600 


00 


5,000 00 


State Nat'l Bank, Boston 


5,000 


6,350 


00 


5,150 00 


Hide and Leather Nat'l B'k, Boston, 


5,000 


6,000 


00 


5,000 00 


Eagle Nat'l Bank, Boston 


1,100 


1,320 


00 


1,155 00 


Common wealth Nat'l Bank, Boston, 


5,000 


6,500 


00 


5,150 00 


Republic Nat'l Bank, Boston . 


5,000 


6,550 


00 


5,150 00 


Exchange Nat'l Bank, Boston . 


1,000 


2,368 


00 


1,840 00 


New England Nat'l Bank, Boston . 


500 


660 


00 


535 00 


Mechanics' Nat'l Bank, Boston 


1,500 


1,800 


00 


1,575 00 


Merchants' Nat'l Bank, Boston 


2,000 


3,000 


00 


2,100 00 


Blackstone Nat'l Bank, Boston 


5,000 


5,850 


00 


5,150 00 


Everett Nat'l Bank, Boston 


500 


585 


00 


500 00 


Eliot Nat'l Bank, Boston 


5.000 


6,000 


00 


5.250 00 


Shoe and Leather Nat'l B'k, Boston, 


2,500 


2,900 


00 


2,625 00 




$99,500 


$120,900 50 


$102,577 50 



Railroad Bonds. 






Boston and Albany 7s 
Boston and Maine 7s 
Vermont and Massachusetts 6s 
Boston and Lowell 5s 


$8,000 
5,000 
1,600 

10,000 


$10,000 00 

6,250 00 

1.696 00 

10,500 00 


$S,000 00 
5,000 00 
1,600 00 

10,000 00 




$24,600 


$28,446 00 


$24,600 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



123 



GEORGETOWN SAVINGS BANK — GEORGETOWN. 

Incorporated 1808. Number of corporators, 64. 
Jeremiah P. Jones, President. Treasurer, Orlando B. Tenney. 

Statement. 



Liabilities.. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$198,486 25 
1,261 97 
2,700 00 


Public funds 

Bank stock .... 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Deposit in banks on interest, 
Interest due .... 
Cash on hand 


$19,300 00 

16,300 00 

7,240 57 

131,414 95 

18,149 00 

0,190 54 

978 84 

2,874 32 




$202,448 22 


$202,448 22 



Cash on Deposit in Banks, amount in each : — 

Blackstone National Bank, Boston 

Georgetown National Bank, Georgetown 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2| per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday 

in April and October. 
The total amount of loans, with each specified rate of interest: 

$5,000, 5 per cent; $51,764, 6 per cent; $3,200, 6} per cent; 

$71,450.95, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . .180 

Aggregate amount of the same . 



$6,100 54 


2,440 27 


$7,240 57 


7,300 00 


817 83 


95 41 


$11,281 52 


4,352 89 


3,702 86 



Number of open accounts 

Number and amount of deposits received for previous year . 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals 

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

Amount of treasurer's bond 

Date of examination by commissioner: May 4. 



670 



389 



27 

272 

79 

47 



114,543 95 

34,961 61 

16,423 13 
20,111 74 



400 00 
10,000 00 



124 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


A mount Invested. 


City and town bonds: — 
City of Bath, Me., 6s 

of Bangor, Me , 5s . 

of Bangor, Me., 7s . 

of Portland, Me., 6s 

of Belfast, Me., 6s . 

of Rockland, Me., 6s 
Town of Melrose 7s 




$2,500 
2,000 
2,000 
1,500 
6,000 
3,000 
2,000 


$2,550 00 
2,100 00 
2,200 00 
1,650 00 
6,240 00 
3,060 00 
2,500 00 


$2,500 00 
2,000 00 
2,000 00 
1,500 00 
6,000 00 
3,000 00 
2,300 00 






$19,000 


$20,300 00 


$19,300 00 



Bank Stock. 



Georgetown Nat'l B'k, Georgetown . 
Columbian Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston, 
State Nat'l Bank, Boston 



$8,000 
1,300 
1,000 
3,000 
3,000 



$8,000 00 
1,820 00 
1,100 00 
3,100 00 
3,600 00 



$16,300 $17,620 00 



$8,000 00 
1,300 00 
1,000 00 
3,000 00 
3,000 00 



$16,300 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



125 



GRAFTON SAVINGS BANK — GRAFTON. 

Incorporated March 13, 1869. Number of corporators, 50. 
George K. Nichols, President. Treasurer, Henry F. Wing. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$160,660 24 
8,307 08 
2,000 00 


Public funds 

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

towns 

Cash on hand 


$20,834 37 
38,648 49 
50,980 00 
37,730 14 

20,000 00 

2,774 32 




$170,967 32 


$170,967 32 



Cash on Deposit in Bank: — 
Grafton National Bank » $2,774 32 

Whole amount of interest or profits received or earned . . , $8,524 13 
Rate and amount of each semi-annual dividend for I 2 per cent . i 2,824 40 

previous year ) 2 per cent . ) 3,010 00 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4 per cent. 
The total amount of loans, with each specified rate of interest: 

613,335, 4 per cent; $5,000, 4£ per cent; $24,005.14, 5 per cent; 

$30,590, 6 per cent; $31,380, 6£ per cent; $4,400, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 62 

Aggregate amount of the same 69,063 04 

Number of open accounts 561 

Number and amount of deposits received for previous year . 343 29,864 01 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year .27 12,033 80 

Number and amount of withdrawals 212 15,004 60 

Number of accounts opened the previous year .... 92 
Number of accounts closed the previous year .... 48 
Amount of expenses of the corporation during previous year . 100 00 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner: May 19. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4£s, 1891 . 

" " 5s, 1881, 3is contin'd, 


$15,000 
5,000 


$16,950 00 
5,100 00 


$15,634 37 
5,200 00 




$20,000 


$22,050 00 


$20,834 37 



126 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Redemption Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 
Howard Nat'l Bank, Boston . 
North Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Maverick Nat'l Bank, Boston . 
Massachusetts Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
North America Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston 
Fourth Nat'l Bank, Boston 
Spencer Nat'l Bank, Spencer . 
First Nat'l Bank, Grafton 
Grafton Nat'l Bank, Grafton . 



$3,000 

3,000 

2,000 

1,000 

1,300 

1,500 

1,000 

3,800 

1,600 

1,000 

500 

300 

2,800 

1,000 

500 

500 

1,000 

1,300 

6,300 



$33,400 



$4,065 00 


3,600 


00 


2,520 


00 


1,230 


00 


1,450 


00 


1,957 00 


1,425 


00 


4,180 00 


1,600 


00 


2,500 


00 


620 


00 


369 


00 


3,192 


00 


1,225 


00 


550 


00 


550 


00 


1,050 


00 


1,462 


50 


6,930 


00 


$40,475 


50 



$4,187 75 
3,814 00 
2,040 00 
1,222 75 
1,476 
1,744 



12 

50 



1,206 25 

4,276 

1,885 

1,237 
677 12 
363 25 

3,200 

1,230 
550 00 
500 00 

1,000 00 

1,462 

6,575 



00 
50 
50 



25 

00 



50 
00 



$38,64S 49 



1882.] 



PUBLIC DOCUMENT — No. 8. 



127 



GREAT BARRINGTON SAVINGS BANK — GREAT BARRINGTON. 

Incorporated Feb. 23, 1869. Number of corporators, 58. . 
Egbert Hollister, President. Treasurer, Charles J. Taylor. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$207,588 25 

15,993 39 

3,206 31 


Public funds . 

Bank stock .... 

Loans on bank stock . 

Loans on real estate . 

Loans on personal security, 

Deposit in banks on interest, 

Expense account . 

Cash on hand and in bank, 


$1,000 00 

74,508 53 

825 60 

113,280 17 

31,899 16 

2,046 85 

619 23 

2,608 41 




$226,787 95 


$226,787 95 



Loans on Bank Stock : — 
On 10 shares Mahaiwe National Bank 



$825 60 



Cash on Deposit in Banks, amount in each : — 
Mahaiwe National Bank, Great Barrington 
National Bank of Redemption, Boston 



$2,164 98 
2,046 85 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for J 2 per cent . j 

previous year ) 2 per cent • I 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest: 

$181,054 46, 6 per cent ; $14,950.47, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 126 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,136 

Number and amount of deposits received for previous year, 2,681 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 41 

Number and amount of withdrawals 567 

Number of accounts opened the previous year .... 213 
Number of accounts closed the previous year .... 218 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Aug. 1. 



$11,431 76 
3,572 65 
3,763 57 



90,877 21 
628 68 

61,218 66 

20,134 00 
42,606 73 



1,708 65 
10,000 00 



128 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 44s, coupons 



$1,000 



$1,130 00 



$1,000 00 



Bank Stock. 



Mahaiwe N'l Bank, Gt. Barrington . 


$3,800 


$4,940 00 


. $5,445 20 


Lee Nat'l Bank, Lee 


5,110 


6,205 00 


6,152 00 


Pittsfield Nat'l Bank, Pittsfield 


300 


405 00 


405 00 


First Nat'l Bank, Adams 


1,000 


1,300 00 


1,280 00 


Housatonic Nat'l Bank, Stockbridge, 


300 


450 00 


450 00 


Faneuil Hall Nat'l Bank, Boston 


1,000 


1,300 00 


1,500 00 


Suffolk Nat'l Bank, Boston . 


1,300 


1,560 00 


1,703 00 


Redemption Nat'l Bank, Boston 


15,900 


20,670 00 


23,104 13 


North America Nat'l Bank, Boston, 


4,200 


4,746 00 


4,835 25 


Hamilton Nat'l Bank, Boston . 


1,900 


2,223 00 


2,227 75 


Atlantic Nat'l Bank, Boston . 


1,000 


1,480 00 


1,345 00 


New England Nat'l Bank, Boston . 


7,600 


11,020 00 


11,400 00 


Shoe and Leather Nat'l B'k, Boston, 


6,600 


7,375 00 


9,248 50 


Union Nat'l Bank, Boston 


1,400 


1,960 00 


2,020 20 


Merchants' Nat'l Bank, Boston 


2,500 


3,625 00 


3,392 50 




$53,910 


$69,259 00 


$74,508 53 



1882.] 



PUBLIC DOCUMENT — No. 8. 



129 



GREENFIELD SAVINGS BANK — GREENFIELD. 

Incorporated 18G9. Number of corporators, 17. 
John Sanderson, President. Treasurer, Albert M. Gleason. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$945,909 90 


Public funds 


$138,000 00 


Earnings undivided . 


1,784 75 


Loans on public funds 


200 00 


Guaranty fund . 


11,375 00 


Bank stock .... 


103,800 00 






Loans on bank stock . 


8,500 00 






Railroad bonds 


10,500 00 






Real estate by foreclosure . 


13,382 23 






Loans on real estate . 


357,614 22 






Loans on personal security, 


98,771 05 






Loans to counties, cities, or 








towns 


12,075 00 






Deposit in banks on interest, 


164,244 40 






Expense account . 


3,701 85 






Interest due . 


4,759 26 






Premium paid 


40,213 56 






Furniture and fixtures 


1,795 12 






Cash on hand 


1,512 96 




$959,069 65 


$959,069 65 






Loans on Public Funds : - 
On $1,000 United States 5s 



$200 00 

$4,400 00 

2,500 00 

1,000 00 

600 00 



Loans on Bank Stock, amount on each : — 
On 45 shares Franklin County National Bank, Greenfield 
On 25 shares Conway National Bank, Conway . 
On 10 shares Adams National Bank, North Adams . 
On 6 shares First National Bank, Greenfield . 

Cash on Deposit in Banks, amount in each : — 
Franklin County National Bank, Greenfield 
Packard National Bank, Greenfield . 
International Trust Company, Boston * 
Agawam National Bank, Springfield . 
Crocker National Bank, Turner's Falls 
Conway National Bank, Conway 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year J If per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 

$2,500, 3 per cent; $5,000, 4 per cent; $156,900, 4-| per cent; 

$470,200.27, 5 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 310 

* The Attorney-General has given hiB opinion that deposits by savings banks in this trust 
company are legal. 

?-7 



$90,000 00 

6,744 40 

32,500 00 

20,000 00 

5,000 00 

10,000 00 

$13,382 23 

9,050 00 

938 22 

115 59 

$55,716 11 
17,537 09 
16,022 17 



130 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Aggregate amount of the same $245,550 22 

Number of open accounts . . . . . . 2,297 

Number and amount of deposits received for previous year, 1,335 157,320 55 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 167 92,912 19 

Number and amount of withdrawals .... 1,079 142,716 92 

Number of accounts opened the previous year .... 431 

Number of accounts closed the previous year .... 243 

Amount of expenses of the corporation during previous year . 3,865 12 

Amount of treasurer's bond 25,000 00 

Date of examination by commissioner : Aug. 10. 

Public Funds. 



Tar Value. 



Estimated 
Market Value. 



Amount Invested. 



City and town bonds: — ■ 
City of Burlington, Vt. . 

of Springfield . 
Town of Pitts field . 
of Rutland, Vt. 



$25,000 : 
8,000 
65,000 
40,000 | 



$26,250 00 

9,437 50 

67,015 00 

40,000 00 



$26,250 00 

9,437 50 

67,015 00 

40,000 00 



$138,000 $142 702 50 $142,702 50 



Bank 


Stock. 








Market Nat'l Bank, Boston . 


$1,800 


$1,975 


50 


$2, ISO 12 


Eliot Nat'l. Bank, Boston 


4,200 


5,040 


00 


4,850 32 


Merchants' Nat'l Bank, Boston 


3,300 


4,818 


00 


3,984 25 


Hamilton Nat'l Bank, Boston . 


3.500 


3,955 


00 


4,204 20 


Second Nat'l Bank, Boston 


1,000 


1,500 00 


1,557 50 


Washington Nat'l Bank, Boston 


300 


420 


00 


423 43 


Metropolitan Nat'l Bank, Boston 


2,000 


2.400 


00 


2.000 00 


Hide and Leather Nat'l B'k, Boston, 


1,300 


1,500 


00 


1.550 25 


Redemption Nat'l Bank, Boston 


5,200 


7,000 


00 


7.006 50 


Revere Nat'l Bank, Boston 


4,800 


5,850 


00 


5.32S 00 


City Nat'l Bank, Boston . 


600 


760 


00 


641 89 


Agawam Nat'l Bank, Springfield . 


500 


625 


00 


720 00 


Chicopee Nat'l Bank, Springfield . 


300 


480 


00 


510 00 


Third Nat'l Bank, Springfield 


11,000 


19,617 


50 


19,617 50 


First Nat'l Bank, Springfield . 


5,000 


7,500 


00 


7,500 00 


City Nat'l Bank, Springfield . 


2,500 


2,800 


00 


2,500 00 


First Nat'l Bank, Chicopee 


1.200 


1,920 


00 


1,920 00 


Holyoke Nat'l Bank, Holvoke . 


13.800 


16,800 


00 


15,180 00 


Hadley Falls Nat'l Bank, Holyoke . 


1,400 


2,380 


00 


2.380 00 


Palmer Nat'l Bank, Palmer 


5,000 


6,000 


00 


5,000 00 


Franklin Co Nat'l Bank, Greenfield, 


14,000 


21 ,055 


83 


21,055 S3 


First Nat'l Bank, Greenfield . 


3,400 


6.200 


00 


4.076 00 


Conway Nat'l Bank. Conway . 


4.000 


4,800 


00 


4,509 00 


Athol Nat'l Bank, Athol 


3,700 


4.000 


00 


3.806 On 


Orange Nat'l Bank, Orange 


5,000 


5.500 


00 


5.000 00 


First Nat'l Bank, Westfield . 


5,000 


7,000 


00 


7.000 00 




$103,800 


$141,896 


83 


$134,500 79 



Railroad Bonds. 



Eastern Railroad 



,500 $11,550 00 



$10,500 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



131 



GROVE LAND SAVINGS BANK — GROVELAND. 

Incorporated 1861). Number of corporators, 31. 
Moses Foster, President. Treasurer, N. H. Griffith. 

Statement. 



Liabilities 




• 

Assets. 


f 


Deposits 


$39,221 94 


Public funds 


$2,500 00 


Earnings undivided . 


543 21 


Bank stock .... 


3,820 00 


Guaranty fund . 


500 00 


Railroad bonds . 


4,780 00 






Real estate by foreclosure . 


550 00 






Loans on real estate . 


21,975 00 






Loans on personal security, 


1,410 00 






Loans to counties, cities, or 








towns 


500 00 






Deposit in bank on interest, 


4,000 00 






Cash on hand 


730 15 




$40,265 15 


$40,265 15 



Cash on Deposit in Bank : — 
First National Bank, Merrimac 



$4,000 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 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for i 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: April and October. 
The total amount of loans, with each specified rate of interest 

$4,500, 4 per cent; $10,490, 7 per cent; $12,895, 7i% per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses' of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : May 4. 



49 



$550 00 


650 00 


11 00 


10 67 


2,487 83 


710 53 


723 85 



• 

ISO 


27,885 00 


XO\J 

100 


9,778 94 


10 


5,644 00 


81 


8,910 49 


28 




26 




• 


56 50 




5,000 00 



132 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public 


Funds. 








Par Yalue. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


$2,500 


$2,750 00 


$2,500 00 


Bank Stock. 



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 
500 

1,500 
900 
100 




$700 00 

550 00 

1,650 00 

1,100 00 

125 00 



$4,125 00 



$600 00 

490 00 

1,570 00 

1,035 00 

125 00 



$3,820 00 



Railroad Bonds. 



Boston and Maine Railroad 
Fitchburg Railroad . 



$3,000 
1,000 



$4,000 



$3,750 00 
1,125 00 



$4,875 00 



$3,750 00 
1,030 00 



$4,780 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



133 



HAMPDEN SAVINGS BANK — SPRINGFIELD. 

Incorporated 1852. Number of corporators, 47. 
Eliphalet Trask, President. Treasurer, Peter S. Bailey. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$1,646,794 54 
13,187 50 
22,000 00 


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, 
Deposit in bank on interest, 
Expense account 
Taxes paid on bank stock . 
Cash on hand 


$268,158 00 

24,200 00 

273,529 00 

17,200 00 

2,700 00 

190,408 85 

659,480 00 

225,984 69 

10 000 00 

1,494 08 

354 96 

8,472 46 




$1,681,982 04 


$1,681,982 04 



Loans on Public Funds, amount on each : — 

On $20,500 United States 4|s $20,200 00 

On $2,000 United States 4s 2,000 00 

On $2,000 Springfield 7s . . . 2,000 00 



Loans on Bank Stock, amount on each : — 
On 110 shares Agawam National Bank 
On 30 shares City National Bank 
On 15 shares John Hancock National Bank 
On 62 shares Chapin National Bank 
On 5 shares Pynchon National Bank 



$10,000 00 
3,000 00 

700 00 
3,150 00 

350 00 



Loans on Railroad Stock, amount on each : 
On 15 shares Connecticut River Railroad . 
On 20 shares Boston and Albany Railroad * 



$1,500 00 
1,200 00 



Cash on Deposit in Bank : — 
Agawam 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 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for } 2 per cent 

previous year t 2 per cent 

Times for the dividends fixed by the by-laws: Feb. 15 and Aug. 15, 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7 per cent. 

* This loan has been changed to conform to the provisions of the statute. 



$10,000 00 

$190,408 85 

137,500 00 

10,734 00 

1,714 00 

$92,344 17 
i 30,139 99 
( 31,116 39 



134 



BANK COMMISSIONERS' REPORT. 



[Jan. 



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

$20,000, 4 per cent; $24,100, 5 per cent; $885,464, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 206 

Aggregate amount of the same $2,649 80 

Amount of investments from which no income is received . . 22,000 00 

Number of open accounts 3,494 

Number and amount of deposits received for previous year, 3,897 419,700 92 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 330 2,189 28 

Number and amount of withdrawals .... 2,174 318,554 61 

Number of accounts opened the previous year .... 725 

Number of accounts closed the previous year .... 649 

Amount of expenses of the corporation during previous year . 6,000 00 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner: Oct. 16. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4s 



$250,000 $290,625 00 



$26S,158 00 



Bank Stock. 



First Nat'l Bank, Chicopee 
First Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Hadley Falls Nat'l Bank, Holyoke 
Merchants' Nat'l Bank, Boston 
Monson Nat'l Bank, Monson . 
Commerce Nat'l Bank, Boston 
Third Nat'l Bank, Springfield 
Revere Nat'l Bank, Boston 
Webster Nat'l Bank, Boston 
Ware Nat'l Bank, Ware . 
Holyoke Nat'l Bank, Holyoke 
Hampshire Co. N'l B'k, Northampt'n, 
Pynchon Nat'l Bank, Springfield 
First Nat'l Bank, Northampton 
Wachusett Nat'l Bank, Fitchburg 
First Nat'l Bank, Springfield . 
Chapin Nat'l Bank, Springfield 
Republic Nat'l Bank, Boston . 
Suffolk Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
State Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Agawam Nat'l Bank, Springfield 



$4,000 
2,800 
7,500 
4,000 

23,000 
2,000 
7,500 
7,400 
7,500 
4,000 
7,500 

15,000 
4,100 
6,500 
3,000 
5,000 
5.000 

23,000 
5,000 
3,700 
5,000 
5,000 
5,000 
5,000 
5,000 
5,000 
6,300 

50,000 



$233,800 



$6,400 00 


5,796 


00 


8,850 


00 


6,000 


00 


33,810 


00 


3,000 


00 


9,600 


00 


12,580 00 


9,150 


00 


4,480 


00 


9,750 


00 


18,000 


00 


4,920 


00 


11,375 


00 


4,200 


00 


10,500 


00 


7,000 


00 


2S,750 


00 


6,550 


00 


4,477 


00 


5,900 00 


6,750 


00 


5,950 00 


6,250 


00 


5,750 


00 


6,000 


00 


8,000 


00 


65,000 


00 


$314,788 00 



$5,030 00 
2,800 00 
7,500 00 
4,732 00 

27,210 00 
2,200 00 

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 
5,000 00 
6,525 00 

24,700 00 
6,300 00 
4,500 00 
5,300 00 
6,700 00 
5,900 00 
5,900 00 
5,700 00 
6,100 00 
7,600 00 

56,480 00 

$273,529 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



135 



HAMPSHIRE SAVINGS BANK — NORTHAMPTON. 

Incorporated May, 18G9. Number of corporators, 28. 
Luther Bodman, President. Treasurer, Lewis Warner. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 

Guaranty fund . 



$555,826 98 
8,846 17 
6,400 00 



$571,073 15 



Bank stock .... 
Loans on bank stock . 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Loans to counties, cities, or 

towns 

Deposit in bank on interest, 
Expense account . 



$197,614 42 


1,500 00 


4,600 00 


216,937 53 


37,199 64 


500 00 


111,738 44 


983 12 


$571,073 15 



Loans on Bank Stock, amount on each : — 
On 12 shares Hampshire County National Bank 
On 3 shares Northampton National Bank 



$1,200 00 
300 00 



Cash on Deposit in Bank : — 
Hampshire County National Bank, Northampton 



$111,738 44 



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



$4,600 00 

3,000 00 

276 00 

38 48 



Whole amount of interest or profits received or earned . . . $28,350 72 
Rate and amount of each semi-annual dividend for ) 2 per cent . t 9,604 93 

previous year J 2 per cent . ( 10,724 88 

Times for the dividends fixed by the by-laws: May 15 and Nov. 15. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$4,500, 5 per cent; $223,637.17, 6 per cent; $24,000, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 176 

Aggregate amount of the same . 162,337 17 

Number of open accounts 1,696 

Number and amount of deposits received for previous year . 983 149,430 52 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 130 79,719 33 

Number and amount of withdrawals 814 88,265 16 

Number of accounts opened the previous year .... 342 
Number of accounts closed the previous year .... 224 
Amount of expenses of corporation during previous year . . 983 12 

Amount of treasurer's bond . . 10,000 00 

Date of examination by commissioner: July 12, 



136 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



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 Nat'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 
Blackstone Nat'l Bank, Boston 
Pacific Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Howard Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Nat'l Bank of Commerce, Boston 
Tremont Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
North America Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Massachusetts Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Globe Nat'l Bank, Boston 
Third Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston, 



•144,500 

7,800 

4,100 

10,000 

3.400 

500 

800 
2,5U0 
1,200 
1,300 
2,400 
2,200 
3,000 
10,000 
3,300 
3,500 
3,200 
1,500 
4,200 
3,500 

800 
1,000 
3,500 

700 
4,000 
3,000 

900 
3,300 
3,600 

700 
1,500 
3,000 
2,200 
1,000 
4,400 
3,000 
5,000 
1,200 
1,000 



$156,700 



$57,850 00 
14,040 00 
5,535 00 
13,000 00 
4,420 00 
800 00 
1,120 00 
3,500 00 
1,624 00 
1,560 00 
3,960 00 
2,596 00 
3,300 00 
14,300 00 
4,323 00 
4,445 00 
3,840 00 
1,950 00 
5,334 00 
4,270 00 
1,032 00 
1,200 00 
3,S50 00 
896 00 
5,200 00 
4,380 00 
1,395 00 
4,290 00 
4,500 00 
868 00 
1,905 00 
3,900 00 
2,772 00 
1,180 00 
5,016 00 
3,240 00 
7,700 00 
1,464 00 
1,130 00 



$52,010 00 
11,857 50 

5,488 00 
12,450 

3,898 
800 

1,088 

3,395 

1,624 

1,592 

3,755 00 

3,247 50 

3,300 
12,661 

3,695 

4,477 

3,797 

2,505 

5,386 

4,030 

1,032 

1,147 

4,219 
896 

4,635 

4,260 

1,221 

3,902 

4,640 
906 

1,920 

3,870 

2,802 

1,436 

5,651 

3,600 

7,900 

1,4T6 

1,040 



00 

00 
00 
00 
00 
00 
50 



00 
00 
00 
50 
00 
00 
00 
00 
00 
50 
37 
00 
00 
00 
75 
75 
00 
00 
00 
00 
00 
25 
87 
93 
00 
CO 
00 



$207,685 00 



$197,614 42 



1882.] 



PUBLIC DOCUMENT— No. 8. 



137 



HAVERHILL SAYINGS BANK — HAVERHILL. 

Incorporated 1829. Number of corporators, 20. 
John A. Appleton, President. Treasurer, A. B. Jaques. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 

Guaranty fund . 



$3,393,432 31 
13,420 62 
54,697 12 



$3,461,550 05 



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 

towns 

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



$933,300 00 

8.800 00 

510,450 00 

61,000 00 

96,000 00 

989,575 00 

724,530 00 

15,000 00 

115,000 00 

36 62 

7,858 43 



$3,461,550 05 



Loans on Public Funds, amount on each: — 
On $8,300 United States bonds . 
On $1,000 County of Washington, Me., bonds 



$8,300 00 
500 00 



Loans on Bank Stock, amount on each : — 
On 216 shares Essex National Bank, Haverhill 
On 153 shares First National Bank, Haverhill . 
On 120 shares First National Bank, Boston ' . 
On 87 shares Haverhill National Bank 
On 20 shares Shoe and Leather National Bank, Boston 
On 10 shares Merrimack National Bank, Haverhill 
On 6 shares Haverhill National Bank, Haverhill . 
On 12 shares First National Bank, Merrimac . 
On 10 shares National Bank, Methuen . 



$19,800 00 

15,000 00 

12,000 00 

8,400 00 

3,600 00 

1,200 00 
1,000 00 



Cash on Deposit in Bank : 
Haverhill National Bank . 



$115,000 00 



:i 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for J 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7i per cent. 
The total amount of loans, with each specified rate of interest: 

$50,000, 3i per cent; $85,000, 8f percent; $449,230, 4 per cent; 

$135,000, 4| per cent; $113,900, 5 per cent; $965,775, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . . . . . . .541 

18 



$187,838 08 
77,401 52 
64,590 00 



138 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Aggregate amount of the same .. $698,280 00 

Number of open accounts 9,218 

Number and amount of deposits received for previous year, 6,323 484,356 00 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 441 202,874 00 

Number and amount of withdrawals .... 4,984 380,895 23 

Number of accounts opened the previous year . . . 1,565 

Number of accounts closed the previous year .... 804 
Amount of expenses of the corporation during previous year . 4,703 26 

Amount of treasurer's bond 20,000 00 

Date of examination by commissioner: June 13. 

Public Fuxds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


$395,000 


$424,412 50 


$395,000 00 


City and town bonds: — 








City of Haverhill .... 


$88,500 


$93,723 00 


$88,500 00 


of Boston 






30,000 


31,800 00 


30,000 00 


of Lynn . 






15,000 


17,400 00 


15,000 00 


of Portsmouth, N.H 






51.500 


58,710 00 


51,500 00 


of Fall River . 






50,000 


55,565 00 


50,000 00 


of Dover, N.H. 






46,300 


52,782 00 


46,300 00 


of Cambridge . 






45,000 


49,050 00 


45,000 00 


of Nashua, N.H. 






35,000 


39,550 00 


35,000 00 


of Portland, Me. 






15,000 


16,350 00 


15,000 00 


of Lawrence 






28,000 


30,500 00 


28,000 00 


of Somerville . 






30,000 


31,500 00 


30,000 00 


of Chelsea 






1,000 


1,015 00 


1,000 00 


of Charlestown 






10,000 


11,000 00 


10,000 00 


Town of Winthrop . 






20,000 


24,000 00 


20,000 00 


of Natick 






20,000 


20,800 00 


20.000 00 


of Winchester 






13,000 


13,520 00 


13,000 00 


of Manchester 






5,000 


5,150 00 


5,000 00 


of Bradford . 






13,000 


13,560 00 


13,000 00 


of Brookline . 






22,000 


26,180 00 


22,000 00 








$933,300 


$1,016,567 50 


$933,300 00 



Bank Stock. 



Haverhill Nat'l Bank, Haverhill 
Merrimack Nat'l Bank, Haverhill 
Essex Nat'l Bank, Haverhill . 
First Nat'l Bank, Haverhill 
Methuen Nat'l Bank, Methuen 
First Nat'l Bank, Maiden 
Bay State Nat'l Bank, Lawrence 
Andover Nat'l Bank, Andover 
Boston Nat'l Bank, Boston 
North America Nat'l Bank, Boston 



$37,500 
27,500 
16,700 
13,000 
10,000 
10,000 
3,750 
3,200 
26,700 
26,700 



$55,500 00 


42,625 


00 


20,875 


00 


16,900 


00 


12,000 


00 


12,800 


00 


6,250 


00 


3,744 00 


35,244 


00 


32,040 00 



$37,500 00 
27.500 00 
16,700 00 
13,000 00 
10,000 00 
10,000 00 
3,750 00 
3,200 00 
26,700 00 
26,700 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



139 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Redemption Nat'l Bank, Boston , 
Republic Nat'l Bank, Boston ".'■ 
Hide and Leather Nat' IB 'k, Boston, 
Atlas Nat'l Bank, Boston . . 
Blackstone Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston' v 
Shawmut Nat'l Bank, Boston ',, ^ . 
North Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston ' . 
City Nat'l Bank, Boston . 
Howard Nat'l Bank, Boston . 
Faneuil Hall Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
Traders' Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston . 
Eagle Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston, 
Hamilton Nat'l Bank, Boston . 
Columbian Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
First Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Third Nat'l Bank, Boston 
Fourth Nat'l Bank, Boston 
Central Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 


$25,400 

22,500 

20,000 

20,000 

20,000 

15,000 i 

15,000 

15,000 

15,000 

15,000 

15,000 

10,000 

10,000 

10,000 

10,000 

10,000 

10,000 

10,000 

7,500 

7,500 

5,000 

5,000 

5,000 

5,000 

10,000 

7,500 

5,000 

5,000 

5,000 


$34,544 00 

29,700 00 

24,000 00 

•26,000 00 

23,600 00 

22,200 00 

18,900 00 

21,600 00 

18,750 00 

19,050 00 

19,650 00 

13,500 00 

25,000 00 

10,500 00 

12,200 00 

11,400 00 

11,200 00 

12,100 00 

8,700 00 

9,300 00 

7,300 00 

5,650 00 

10,750 00 

6,400 00 

11,000 00 

8,325 00 

6,110 00 

5,900 00 

6,050 00 


$25,400 00 

22,500 00 

20,000 00 

20,000 00 

20,000 00 

15,000 00 

15,000 00 

15,000 00 

15,000 00 

15,000 00 

15,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

7,500 00 

7,500 00 

5,000 00 

5,000 00 

5,000 00 

5,000 00 

10,000 00 

7,500 00 

5,000 00 

5,000 00 

5,000 00 




$510,450 


$677,347 00 


$510,450 00 






Railroad Bonds. 






Boston and Maine Railroad 

Old Colony and Newport Railroad . 

West Amesbury Branch Railroad . 


$75,000 

15,000 

6,000 


$95,250 00 

18,300 00 

7,200 00 


$75,000 00 

15,000 00 

6,000 00 




$96,000 


$120,750 00 


$96,000 00 



140 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HAYDENVILLE SAVINGS BANK — HAYDENVILLE. 

Incorporated March 17, 1869. Number of corporators, 81. 

Elnathan Graves, President. Treasurer, B. S. Johnson. 

Statement. 



Liabilities 


i 


Assets. 


Deposits 


$201,088 27 


Public funds 


$19,094 55 


Earnings undivided . 


9,442 13 


Bank stock ...» 


13,469 00 


Guaranty fund . 


2,562 63 


Railroad bonds 


5,737 50 






Real estate by foreclosure . 


4,000 00 






Loans on real estate . 


95,299 58 






Loans on personal security, 


47,571 17 






Loans to counties, cities, or 








towns 


6,800 00 






Deposit in banks on interest, 


19,935 39 






Expense account . 


360 10 






Cash on hand 


825 74 




$213,093 03 


$213,093 03 



Cash on Deposit in Banks, amount in each : — 
Hampshire County National Bank, Northampton 
First National Bank, Northampton . 
Conway National Bank, Conway 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2| per cent 

previous year $ 2 per cent 

Times for the dividends fixed by the by-laws: 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-£r per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 5 per cent; $144,670.75, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 221 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 798 

Number and amount of deposits received for previous year, 1,235 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 39 

Number and amount of withdrawals . % . . . . 460 

Number of accounts opened the previous year .... 159 
Number of accounts closed the previous year .... 125 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: July 12. 



$19,541 74 

320 56 

73 09 

$4,000 00 

2,243 00 

184 08 

15 92 

$12,506 61 
4,261 07 
3,937 8» 



136,970 75 
11.340 91 

50,823 51 

21,849 55 
46.998 67 



1.277 54 
20,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



141 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City of Holyoke 7s . 


$15,000 


119,094 55 


$19,094 55 


Bank Stock. 



Conway Nat'l Bank, Conway . 
Hampshire Co. N'l B'k, Northampton, 
Easthampton N'l B'k, Easthampton, 



$6,900 

300 

4,300 



$11,500 



^8,004 00 

375 00 

5,590 00 



$13,969 00 



$7,834 00 

845 00 

5,290 00 



$13,469 00 



Railroad Bonds. 



Boston and Albany Railroad 7s 




i,350 00 



$5,737 50 



142 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HINGHAM INSTITUTION FOR SAVINGS — HING HAM. 

Incorporated April 2, 1834. Number of corporators, 72. 

Daniel Basset, President. Treasurer, Henry C. Harding. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


81,665,216 18 


Public funds 


$98,500 00 


Earnings undivided . 


13,984- 64 i 


Bank stock . 


144,300 00 


Guaranty fund . 


20,070 18 


Loans onbank stock . 


7,430 00 






Railroad bonds 


45,000 00 






Loans jbnTailroad stock 


500 00 






Real estate . 


3,000 00 






Real estate bv foreclosure 


99,120 16 






Loans on real estate . 


856,955 13 






Loans on personal security 


376,850 00 






Loans to counties, cities, oi 


• 






towns 


45,700 00 






Deposit in banks on interes 


t, 8,215 82 






Expense account . 


2,237 12 






Loans on deposit . 


100 00 






Manufacturing Co.'s stock 








(to secure indebtedness) 


3,300 00 






Cask on hand 


8,0(52 77 


• 


31,699,271 00 


31,699,271 00 



Loans on Bank Stock, amount on each: — 
On 5 shares Hingharn National Bank 
On 3 shares Mount Wollaston National Bank . 
On 70 sliares Freeman's National Bank 

Loans on Railroad Stock : — 
On 6 shares Boston and Providence Railroad . 

Cash on Deposit in Banks, amount in each: — 
Shoe and Leather National Bank, Boston . 
Webster National Bank, Boston .... 

Hingharn National Bank, Hingharn .... 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 
previous year '2 per cent 

Times for the dividends fixed by the by-laws; first Tuesday in Jan 
uary and July. 

The total amount of loans, with each specified rate of interest 
$157,000,4 percent; $32,100,44. percent; $396,100, 5 per cent 
$546,437.13, 6 percent; $38,150, 6$ percent; $106,468, 7 per cent 
$3,350, 7tV per cent; $6,980, 7£ per cent; $950, 8 per cent. 



$250 00 

180 00 

7,000 00 

$500 00 



$8,215 S2 


3,019 19 


2,666 29 


$3,000 00 


3,000 00 


99.120 16 


100,400 00 


4,519 08 


1,467 01 


$94,382 03 


31,574 37 


32,105 93 



1882.] 



PUBLIC DOCUMENT — No. 8. 



143 



Number of outstanding loans which are of an amount not 
exceeding $3,000 each 326 

Aggregate amount of the same 

Number of open accounts 3,687 

Number and amount of deposits received for previous year, 1,288 

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

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond ....... 

Date of examination by commissioner: May 26. 

Public Funds. 



164 

1,384 

361 

287 



$281,303 00 

161,767 63 

97,045 27 
167,377 27 



3,250 93 
20,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, extended 
City of Boston 4s . 


-$48,500 
150,000 


$48,985 00 
|51,250 00 


$48,500 00 
$50,000 00 




198,500 


1100,235 00 


$98,500 00 



Bank Stock. 



Hingham Nat'l Bank, Hingham 
Abington Nat'l Bank, Abington 
Brockton Nat'l Bank, Brockton 
Old Colony Nat'l Bank, Plymouth 
Union Nat'l Bank, Weymouth 
First Nat'l Bank, Chelsea 
Atlantic Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 



$11,900 
1,500 
2,000 
1,600 
2,800 
3,000 
3,800 
7,500 
5,400 
8,200 

10,000 
5,000 
4,000 
4,200 
3,600 
2,000 
7,500 
2,000 
8,000 
7,500 

11,200 
6,500 
2,600 
3,600 
8,000 
5,000 
6,000 



$144,400 



$11,900 00 


2,100 


00 


2,000 


00 


2,160 


00 


3,304 


00 


3,720 


00 


5,700 


00 


9,375 


00 


6,696 


00 


10,578 


00 


11,900 


00 


10,350 


00 


4,520 


00 


4,746 


00 


3,924 


00 


2,480 


00 


11,175 


00 


2,900 


00 


9,200 


00 


9,300 


00 


]3,664 


00 


7,315 


00 


3,250 


00 


4,356 


00 


9,680 


00 


7,650 


00 


6,660 


00 


$180,633 00 



$11,800 00 
1,500 00 
2,000 00 
1,600 00 
2,800 00 
3,000 00 
3,800 00 
7,500 00 
5,400 00 
8,200 00 

10,000 00 
5,000 00 
4,000 00 
4,200 00 
3,600 00 
2,000 00 
7,500 00 
2,000 00 
8,000 00 
7,500 00 

11,200 00 
6,500 00 
2,600 00 
3,600 00 
8,000 00 
5,000 00 
6,000 00 

$144,300 00 



144 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Railroad Bonds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Albany 7s 
Boston and Lowell 7s 
Boston and Maine 7s 

Old Colony 7s 

Eastern 4-^s 


$10,000 

10,000 

10,000 

10,000 

5,000 


$12,700 00 

12,400 00 

12,650 00 

12,400 00 

5,450 00 


$10,000 00 

10,000 00 

10,000 00 

10,000 00 

5,000 00 




$45,000 


$55,600 00 


$45,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



145 



HOLLISTON SAVINGS BANK — HOLLISTON. 

Incorporated February, 1872. Number of corporators, 50. 
Seth Thayer President. Treasurer, Orrin Thomson. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$373,078 62 


Public funds 


$12,908 75 


Earnings undivided . 


8,887 57 


Bank stock .... 


30,428 50 


Guaranty fund . 


3,791 35 


Loans on bank stock .. 


2,700 00 






Railroad bonds . 


11,400 00 






Real estate by foreclosure . 


13,000 00 






Loans on real estate . 


218,070 00 






Loans on personal security, 


14,918 09 






Loans to counties, cities, or 








towns . . . 


18,540 00 






Deposit in banks on interest, 


55,758 90 






Expense account . 


754 21 






Loan on silver coin 


200 00 






Cash on hand 


1,019 09 




$385,757 54 


$385,757 54 



Loans on Bank Stock: — 
On 42 shares Holliston National Bank, Holliston 



$2,700 00 



Cash on Deposit in Banks, amount in each : - 
Holliston National Bank, Holliston . 
Maverick National Bank, Boston 
Pacific National Bank, Boston . 
National Bank of the Commonwealth, Boston 



$29,498 04 

16,839 30 

5,000 00 

4,421 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 . 



$13,000 00 

15,800 00 

1,002 00 

202 95 



Whole amount of interest or profits received or earned . 

Kate and amount of each semi-annual dividend for ) 2\ per cent . < 

previous year > 2 per cent . ( 

Times for the dividends fixed by the by-laws: June and December. 
The total amount of loans, with each specified rate of interest: 

$14,300, 4£ per cent; $230,048, 6 per cent; $4,000, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .243 

Aggregate amount of the same 

Number of open accounts 1,151 

Number and amount of deposits received for previous year . 893 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 91 

Number and amount of withdrawals 835 



$21,658 32 
7,567 02 
6,987 61 



191,263 09 

100,460 48 

48,997 13 
72,549 92 



19 



146 



BANK COMMISSIONERS' REPORT. [Jan. 



Number of accounts opened the previous year .... 202 
Number of accounts closed the previous year .... 148 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond . . 

Date of examination by commissioner: May 23. 



$1,300 00 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, registered 

State and city bonds: — 
State of New Hampshire 6s 
City of Lewiston, Me., 5s 

of Providence, R.I. , 4£s . 

of Worcester 6s 


$4,000 

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


$4,640 00 

$2,200 00 
2,200 00 
1,100 00 
4,600 00 


$4,000 00 

$2,145 00 
2,090 00 
1,033 75 
3,700 00 




$13,000 


$14,740 00 


$12,968 75 



Bank Stock. 



Holliston Nat'l Bank, Holliston 
Traders' Nat'l Bank, Boston . 
Old Boston Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Market Nat'l Bauk, Boston 
Blue Hill Nat'l Bank, Boston . 
S. Framingham N'l B'k, S. Fram'm 
Home Nat'l Bank, Brockton . 
Franklin Nat'l Bank, Franklin 



$12,800 
3,000 
2,000 
1,700 
700 
2,400 
1,400 
1,500 
3,000 
3,000 
1,400 



$32,900 



$16,000 00 


3,060 


00 


2,470 


00 


2,040 


00 


805 


00 


3,000 


00 


1,540 


00 


1,650 


00 


3,100 


00 


3,300 


00 


1,610 


00 


$38,575 00 



$15,290 00 
3,408 75 
2,470 00 
1,530 00 
644 00 
2,727 00 
1,365 00 
1,383 75 
3,000 00 
3,000 00 
1,610 00 

$36,428 50 



Railroad Bonds. 



Eastern Railroad 

Salem and Lowell, guaranteed 



$5,000 
5,700 



$10,700 



$5,500 00 
6,400 00 



$11,900 00 



$5,000 00 
6,400 00 



$11,400 00 



i 



1882.] 



PUBLIC DOCUMENT— No. 8. 



147 



HOLYOKE SAVINGS BANK - HOLYOKE. 

Incorporated 1855. Number of corporators, 76. 
Joel Russ&ll, President. Treasurer, R. B. Johnson. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,391,423 98 


Public funds 


$181,100 00 


Earnings undivided . 


32,637 06 


Bank stock .... 


186,949 67 


Guaranty fund . 


18,000 00 


Loans on bank stock . 
Loan to Chicopee Savings 


16,100 00 






Bank 


10,000 00 






Railroad bonds . 


36,000 00 






Loans on real estate . 


722,450 00 


- 




Loans on personal security, 


135,880 00 






Deposit in banks on interest, 


111,223 77 






Expense account . 


1,390 37 






Premium account 


9,400 00 






Casli on hand 


31,567 23 




$1,442,061 04 


$1,442,061 04 



Loans on Bank Stock, amount on each : — 
On 162 shares Holyoke National Bank, Holyoke .... 
On 6 shares Franklin County National Bank, Greenfield 

Cash on Deposit in Banks, amount in each : — 
Holyoke National Bank, Holyoke ...*.... 

Franklin County National Bank, Greenfield 

Maverick National Bank, Boston 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2\ per cent . ( 

previous year J 2 per cent . ( 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest: 

$46,600, A\ per cent; $827,830, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 229 

Aggregate amount of the same 

Number of open accounts ....... 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number and amount of withdrawals 
Number of accounts opened the previous year 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 
Amount of treasurer's bond . % . . . . 
Date of examination by commisioner: July 11. 



$15,500 00 
600 00 



$36,862 37 
45,000 00 
29,361 40 

$79,846 72, 
27,771 12 
25,760 71 



• 


275,145 00 


4,272 




6,980 


408,299 00 


221 


128,370 00 


3,363 


377,960 19 


1,118 




714 




• 


3,782 79 


• 


25,000 00 



148 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 



Par Value 



Estimated 
Market Value. 



Amount Invested. 



U 


nited States 3js 


• • 




44 
(4 


44 
44 


6s, 

4s 


currency 

• • 




44 


44 


4|s 


• • 



State, city, and town bonds: 
State of Massachusetts . 
City of Holyoke 6s . 

of Fall River 6s 

of Boston 6s 

of Boston 5s 

of Boston 4s 

of Chelsea 6s . 
Town of Fair Haven, Vt., 5s , 



$111,000 

10,000 

700 

400 



$17,000 
5,000 
3,000 
3,000 
4,000 
25,000 
1,000 
1,000 



$112,000 


00 


13,000 


00 


812 


00 


450 00 


$19,890 00 


5,600 


00 


3,600 


00 


3,700 


00 


4,320 


00 


25,750 


00 


1,185 


00 


1,035 


00 



$111,000 00 

10,000 00 

700 00 

400 00 



$17,000 00 
5,000 00 
3,000 00 
3,000 00 
4,000 00 
25,000 00 
1,000 00 
1,000 00 



$181,100 $191,342 00 $181,100 00 



Bank Stock. 



Holyoke Nat'l Bank, Holyoke . 
Hadley Falls Nat'l Bank, Holyoke 
Agawam Nat'l Bank, Springfield 
First Nat'l Bank, Springfield . 
Second Nat'l Bank, Springfield 
Third Nat'l Bank, Springfield 
Chicopee Nat'l Bank, Springfield 
John Hancock Nat'l B'k, Springfield 
First Nat'l Bank, Northampton 
Northampton Nat'l B'k, North'ton 
Hampshire Co. Nat'l B'k, North'n 
First Nat'l Bank, Easthanipton 
Railroad Nat'l Bank, Lowell . 
Townsend Nat'l Bank, Townsend 
Shelburne Falls Nat'l Bank, She! 

burne Falls .... 
Conway Nat'l Bank, Conway . 
First Nat'l Bank, Westfield . 
First Nat'l Bank, South Adams 
Pittsfield Nat'l Bank, Pittsfield 
Monson Nat'l Bank, Monson . 
Franklin Co. Nat'l B'k, Greenfield 
First Nat'l Bank, Newburyport 
Miller's River Nat'l Bank," Athol 
Merrimack Nat'l Bank, Haverhill 



$35,600 I 

13.200 
5.000 

11,900 
5,000 

13.500 
3,100 
8,700 

10.000 
7.000 
2,000 
4,200 
3,400 
9,700 

300 
5,700 

400 
2,200 
1.100 

900 
1,000 
1,000 

800 

100 



$146,400 



$39,872 00 

21,120 00 

6.000 00 

17.850 00 

8,000 00 

21,000 00 

4,650 00 

10.015 00 

13,500 00 

11,400 00 

2,400 00 

5,040 00 

4.420 00 

12,610 00 

405 00 

6,555 00 

560 00 

2.860 00 

1,540 00 

1,350 00 

1.500 00 

1,700 00 

1,440 00 

165 00 



$196,552 00 



$36,062 00 

19.519 67 

6.6S7 00 

14,964 59 

9.302 00 

20,678 41 

4,935 00 

9.997 00 

13,327 50 

11,670 00 

2.400 00 

4,910 00 

4,128 00 

12,713 00 

369 50 
6,570 00 

412 00 
2,800 00 
1,139 00 

900 00 
1.000 00 
1,500 00 

800 00 

165 00 



$1S6,949 67 



1882.] 



PUBLIC DOCUMENT— No. 8. 



149 



Railroad Bonds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Albany 6s 

Boston and Lowell 5s 

Boston, Revere Beach, and Lynn 6s . 

Nashua and Lowell 6s 

Old Colony 6s . . . . 

Boston and Maine 7s 


$5,000 
5,000 
5,000 
8,000 
8,000 
5,000 


$5,700 00 
5,250 00 
5,750 00 
9,000 00 
8,800 00 
5,500 00 


$5,000 00 
5,000 00 
5,000 00 
8,000 00 
8,000 00 
5,000 00 




$36,000 


$40,000 00 


$36,000 00 






150 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HOME SAYINGS BANK — BOSTON. 

Incorporated 1869. Number of corporators 61. 
Charles H. Allen, President. Treasurer, B. N. Bullock. 

Statement. 



Liabilities 


. 


A8SETS. 




Deposits 


$1,846,541 98 


Public funds 


$107,250 00 


Earnings undivided . 


237,827 09 


Loans on public funds 


800 00 


Guaranty fund . 


15,000 00 


Bank stock .... 


384,918 44 






Loans on bank stock . 


24,100 00 






Beal estate by foreclosure . 


195,750 00 






Loans on real estate . 


967,381 04 






Loans on personal security, 


252,600 00 






Loans to counties, cities, or 








towns 


24,000 00 






Deposit in banks on interest, 


133,938 15 






Expense account . 


990 76 






Loans on Home Savings 








Bank books 


121 40 






Cash on band 


7,519 28 




$2,099,369 07 


$2,099,369 07 



Loans on Public Funds : 
On $800 United States 4s 



Loans on Bank Stock, amount on each: — 

On 40 shares Central National Bank, Boston 

On 22 shares Boylston National Bank, Boston .... 
On 50 shares Dedham National Bank, Dedhani .... 

On 116 shares South Reading National Bank 

On 24 shares Bristol County National Bank and 8 shares Taunton 

National Bank, Taunton 

Cash on Deposit in Banks, amount in each : — 

Central National Bank, Boston 

Pacific National Bank, Boston 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for \ 2 per cent 

previous year '2 per cent 

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: 

$13,000, 4 per cent; $79,100, 4$ per cent; $162,571.40, 5 per cent; 

$72,900, 5i per cent; $800,562.04, 6 per cent; $64,150, 6$ percent; 

$136,869, 7 per cent; $3,700, 7& per cent; $24,250, 7| per cent; 

$6,900, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 115 



$800 00 

$4,000 00 
2,200 00 
5,000 00 

10,000 09 

2,900 00 

$88,938 15 
45,000 00 

$195,750 00 

159,150 00 

8,755 65 

2,213 27 

$111,511 12 
( 38,192 76 
( 34,830 82 



1882.] 



PUBLIC DOCUMENT — No. 8. 



151 



Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accoimts . 13*,931 

Number and amount of deposits received for previous year, 2,645 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 271 

Number and amount of withdrawals . . . . 7,514 

Number of accounts opened the previous year .... 898 
Number of accounts closed the previous year . . . 4,070 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : Feb. 7. 



$178,253 20 
14,200 00 

281,995 62 

159,398 09 
848,917 94 



15,545 72 
30,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, 1907, registered . 
" " 3|s(ext. 6s, 1881),reg. 


$52,500 
50,000 


$60,965 62 
50,500 00 


$52,250 00 
55,000 00 




$102,500 


$111,465 62 


$107,250 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston . 
Hamilton Nat'l Bank, Boston . 
Market Nat'l Bank, Brighton . 
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 . 



$18,000 

8,100 

1,400 

4,000 

5,200 

7,000 

9,000 

9,800 

5,000 

12,800 

8,000 

5,000 

15,000 

5,000 

10,000 

20,000 

20,000 

5,000 

11,300 

15,000 

18,000 

18,000 

40,000 

8,200 

4,000 

18,200 

10,000 

5,000 



$316,000 



$22,500 00 


9,315 00 


1,792 


00 


5,700 


00 


6,253 


00 


8,198 75 


18,697 


50 


11,735 


50 


5,825 


00 


16,656 


00 


9,040 


00 


6,625 


00 


16,462 


50 


6,200 


00 


14,625 


90 


29,100 


00 


28,425 


00 


5,750 


00 


15,269 


12 


18,300 


00 


23,580 


00 


22,950 


00 


60,600 


00 


9,225 


00 


4,875 00 


22,204 


00 


15,350 


00 


5,575 00 


$420,828 37 



$20,700 00 

8,856 00 

1,332 00 

5,251 20 

5,616 00 

7,875 00 

16,650 00 

10,584 00 

5,600 00 

13,908 87 

9,440 00 

4,981 50 

15,900 00 

5,500 00 

12,593 00 

26,800 00 

23,400 00 

5,400 00 

14,690 00 

16,800 00 

22,564 87 

21,240 00 

56,000 00 

9,676 00 

4,840 00 

20,020 00 

13,600 00 

5,100 00 

$384,918 44 



152 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HOOSAC SAVINGS BANK — NORTH ADAMS. 

Incorporated 1871. Number of corporators, 42. 
O. A. Archer, President. Treasurer, C. N. Ingalls. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 
Guaranty fund . 
Individual account . 


$140,006 10 

575 81 

1,160 00 

30 00 


Public funds 

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


$7,805 00 

5,020 00 

16,174 16 

64,325 09 

24,860 04 

414 95 

443 64 

22,729 03 




$141,771 91 


$141,771 91 



Cash on Deposit in Bank : — 
Berkshire National Bank, North Adams 



. $21,832 97 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Eate and amount of each semi-annual dividend for / 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws : June and December 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 5 per cent; $7,000, 5| per cent; $77,185.13, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 70 

Aggregate amount of the same 

Number of open accounts 791 

Number and amount of deposits received for previous year . 661 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 58 

Number and amount of withdrawals 342 

Number of accounts opened the previous year .... 176 
Number of accounts closed the previous year .... 100 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by the commissioner: Aug. 8. 



$16,174 16 

10,000 00 

1,500 00 

229 00 

$9,331 64 

2,148 87 
2,160 53 



61,185 13 

60,426 87 

34,400 47 
41,867 11 



1,200 00 
20,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



153 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Town of Pawtucket 


i • • 


'$7,000 


$7,805 00 


$7,805 00 


Bank Stock. 



Adams Nat'l Bank, North Adams . 
Berkshire Nat'l Bank 



$700 
3,800 




$980 
4,560 00 



$5,540 00 



$840 
4,180 00 



$5,020 00 



20 






154 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HOPKINTON SAVINGS BANK — HOPKINTON. 

Incorporated March 23, 1867. Number of corporators, 29. 
A. A. Sweet, President. Treasurer, E. J. Jenks. 

Statement. 



Liabilities. 



Assets. 



Deposits 


$291,137 51 


Public funds 


$41,342 50 


Earnings undivided . 


7,475 26 


Bank stock .... 


63,388 99 


Guaranty fund . 


5,282 01 


Railroad bonds . 


77,247 50 


Rent on real estate . 


108 00 


Real estate by foreclosure . 


2,580 33 






Loans on real estate . 


105,278 00 






Loans on personal security, 


6,804 25 






Deposit in bank on interest, 


6,361 21 






Cash on band and in bank, 


1,000 00 




$304,002 78 


$304,002 78 



Cash on Deposit in Bank : — 
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 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2\ per cent 

previous year > 2j per cent 

Times for the dividends fixed by the by-laws : May 1 and Nov. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6| per cent. 
The total amount of loans, with each specified rate of interest: 

$15,800, 6 per cent; $96,282.25, 6* per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 202 

Aggregate amount of the same 

Number of open accounts 978 

Number and amount of deposits received for previous year . 766 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 51 

Number and amount of withdrawals 188 

Number of accounts opened the previous year .... 154 
Number of accounts closed the previous year .... 158 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : May 23. 



$7,361 21 


$2,580 33 


3,200 00 


216 00 


40 28 


.18,891 20 


5,681 89 


6,215 49 


03,082 25 


73,870 84 


27,606 41 


16,398 08 


800 00 


5,000 00 


1 



1882.] 



PUBLIC DOCUMENT — No. 8. 



155 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds: — 
City of Belfast, Me. 
of Bangor, Me. 
of Rockland, Me. 
of Providence, R.I. . 
of Newton . 
of Pawtucket, R.I. . 
of Portland, Me. . 


$5,500 
5,000 
2,000 
5,000 
5,000 

10,000 
6,000 


$5,610 00 
6,050 00 
2,005 00 
5,500 00 
5,900 00 

11,000 00 
7,440 00 


$5,686 25 
5,343 75 
2,060 00 
5,150 00 
5,937 50 

11,162 50 
6,002 50 




$38,500 


$43,505 00 


$41,342 50 



Bank Stock. 



Shawmut Nat'l Bank, Boston . 
Hide and Leather Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Pacific Nat'l Bank, Boston 
Natick Nat'l Bank, Natick 



$9,000 
1,300 
5,000 
1,500 
1,500 
5,000 
5,000 
3,800 
6,100 
3,500 
1,000 
2,500 
5,000 
500 



$50,700 



$11,317 50 


1,495 00 


6,756 25 


1,961 20 


1,871 25 


5,931 25 


7,675 00 


4,617 00 


7,625 00 


4,978 75 


1,440 00 


2,925 00 


5,356 25 


575 00 


$64,524 45 



11,023 74 
1,404 00 
6,990 00 
1,965 00 
1,980 00 
5,930 00 
6,832 50 
4,607 50 
7,505 00 
4,657 50 
1,687 50 
2,975 00 
5,331 25 
500 00 

$63,388 99 



Railroad Bonds. 






Boston and Maine Railroad 


$5,000 


$6,350 00 


$5,185 00 


Old Colony Railroad 


8,000 


9,910 00 


8,515 00 


Fitchburg Railroad .... 


8,000 


9,187 00 


• 8,797 50 


Boston, Fitchburg, and Clinton R.R 


7,000 


8,050 00 


7,947 50 


Boston, Fitchburg, and Clinton and 








New Bedford Railroad* 


3,000 


3,172 00 


3,135 00 


Salem and Lowell Railroad 


10,000 


11,000 00 


11,100 00 


Boston, Revere Beach, and Lynn R.R. 


10,000 


11,600 00 


11,692 50 


Nashua and Lowell Railroad . 


10,000 


10,325 00 


10,375 00 


Newport and Richford Railroad 


10,000 


10,200 00 


10,500 00 




$71,000 


$79,794 00 


$77,247 50 






* This bank has been notified that tbe investment in these bonds is illegal. 



156 



BANK COMMISSIONERS' REPORT. [Jan. 



HUDSON SAVINGS BANK — HUDSON. 

Incorporated 1869. Number of corporators, 44. 
Edmund M. Stowe, President. Treasurer, Daniel W. Stratton. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$267,325 67 


Public funds 


$34,056 78 


Earnings undivided . 


1,284 50 


Bank stock .... 


6,106 00 


Guaranty fund . 


2,730 77 ' 


Railroad bonds . • . 


20,375 00 






Real estate bv foreclosure . 


800 00 






Loans on real estate . 


149,825 00 






Loans on personal security, 


6,050 00 






Loans to counties, cities, or 








towns 


27,500 00 






Deposit in banks on interest, 


19,300 00 






Expense account . 


2 25 






Taxes paid .... 


222 52 






Profit and loss 


903 89 






Cash on band and in bank, 


6,199 50 




$271,340 94 


$271,340 94 



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

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday 

in January and July. 
The total amount of loans, with each specified rate of interest: 

$3,000, 3 per cent; $25,000, 4 per cent; $5,500, 5 per cent; $6,300, 

5i per cent; $96,700, 6 per cent; $9,250, 6i per cent; $33,225, 

7 per cent ; $4,400, 7-J per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 168 

Aggregate amount of the same 



$5,000 00 


16,885 96 


2,590 54 


$800 00 


800 00 


49 77 


13 00 


$14,379 16 


4,456 70 


4,739 11 



Number of open accounts 1,0S7 

Number and amount of deposits received for previous year . 843 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 51 

Number and amount of withdrawals 472 

Number of accounts opened the previous year . . . 200 

Number of accounts closed the previous year .... 107 
Amount of expenses of the corporation during previous year 
Amount of treasurer's bond ..,...♦. 
Date of examination by commissioner : May 17. 



134,350 00 

69,623 00 

28,972 00 
50,163 50 



635 00 
40,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



157 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, extended 

City and town bonds : — ■ 
City of Worcester funded loan 
of Fall River water bonds 
Town of Northampton 

of Natick water scrip 
of Hopkinton 


$10,000 

$8,000 
5,000 
3,000 
2,000 
5,000 


$10,150 00 

$8,560 00 
5,700 00 
3,510 00 
2,150 00 
5,000 00 


$10,300 00 

i 

$8,560 00 
5,225 00 
2,820 00 
2,064 28 

5,087 50 




$33,000 


$35,070 00 


$34,056 78 



Bank Stock. 



State Nat'l Bank, Boston 




1,106 00 



Railroad Bonds. 



Eastern Railroad 

Salem and Lowell Railroad 

Fitchburg Railroad 5s. 



$5,000 
5,000 
9,000 



$19,000 



$5,475 00 
5,750 00 
9,900 00 



$21,125 00 



$5,225 00 
5,500 00 
9,650 00 



$20,375 00 






158 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HYDE PARK SAVINGS BANK — HYDE PARK. 

Incorporated March 8, 1871. Number of corporators, 37. 
Robert Bleakie, President. Treasurer, Henry S. Bunton. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$77,392 37 

4,665 51 

607 37 


1 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 . 
Cash on hand 


$5,000 00 

3,027 45 

39,165 00 

25,625 00 

5,000 00 

4,052 09 

243 19 

552 52 




$82,665 25 


§82,665 25 



Cash on Deposit in Banks, amount in each : — 

Maverick National Bank, Boston 

Commonwealth National Bank, Boston 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 2 per cent 

previous year » 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 

$5,000, 5 per cent; $25,625, 6 per cent; $28,815, 7 per cent; 

$10,350, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 33 

Aggregate amount of the same 

Number of open accounts 537 

Number and amount of deposits received for previous year . 740 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 53 

Number and amount of withdrawals 489 

Number of accounts opened the previous year . . . 176 

Number of accounts closed the previous year .... 86 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : March 26. 



$3,997 88 
54 21 


$3,027 45 

3,700 00 

293 00 

60 33 


$4,286 68 

778 66 

1,037 14 



34,790 00 

64,218 16 

33,333 42 
32,133 07 



756 54 
10,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



159 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Commerce Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
First Nat'l Bank, Newburyport 


$1,000 
1,300 
2,700 


$1,290 00 
1,547 00 
4,050 00 


1,000 00 
1,300 00 
2,700 00 




$5,000 


$6,887 00 


$5,000 00 



160 



BANK COMMISSIONERS' REPORT. 



[Jan. 



INSTITUTION FOR SAVINGS IN ROXBURY AND ITS VICINITY — 

BOSTON. 

Incorporated Feb. 22, 1825. Number of corporators, 48. 
Arthur W. Tufts, President. Treasurer, Edward Richards. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 
Guaranty fund . 
Profit and loss . 



$2,683,155 91 
12,737 99 
53,000 00 
30,960 00 



$2,779,853 90 



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, 
Casb on band 



$279,900 00 

184,639 97 

700 OH 

57,321 73 

2,000 00 

110,956 00 

876.560 00 

905,718 01 

12.000 00 

310,649 02 

39.409 17 



$2,779,853 90 



Loans on Bank Stock, amount on each : — 
On 10 shares People's National Bank, Boston . 
On 2 shares Gloucester National Bank, Gloucester 

Cash on Deposit in Banks, amount in each: — 
Exchange National Bank. Boston .... 
Manufacturers' National Bank, Boston 
Security National Bank, Boston .... 
Hamilton National Bank, Boston .... 
Market National Bank, Boston 

Amount 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 . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for l 2 per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6-£ per cent. 
The total amount of loans, with each specified rate of interest: 

$25,000, 3£ per cent; $35,000, 3£ per cent; $204,300, 4 per cent; 

$290,000, 44 per cent; $418,482.35, 5 per cent; $27,000, 5£ per 

cent; $446,115.06, 6 per cent; $107,150, 6i per cent; $315,130, 7 

percent; $5,000, 74 per cent; $6,100, 7f% per cent; $600, 8 per 

cent, 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 76 



$500 00 
200 00 



$179,914 07 

9,542 07 

100,000 00 

17.433 33 

3,759 55 

$2,000 00 

29,700 00 

110,956 00 

S6,800 00 

3,066 00 

1,206 52 

$149,825 44 
I 48,151 04 
( 49,979 80 



1882.] 



PUBLIC DOCUMENT— No. 8. 



161 



Aggregate amount of the same 

Number of open accounts 7,351 

Number and amount of deposits received for previous year, 7,527 
Number and amount of deposits of and exceeding $300 at any 
one time for the previous year . . . . . . 446 

Number and amount of withdrawals .... 5,457 

Number of accounts opened the previous year . . . 1,489 

Number of accounts closed the previous year .... 888 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: March 25. 



$134,478 01 

.559,259 00 

261,331 00 
456,529 20 

7,945 27 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4|s 

State and city bonds : — 
State of Maine .... 
City of Boston 6s 

of Boston 4s 

of Boston .... 


$190,000 

$3,000 

51,000 

30,000 

1,000 


$212,800 00 

$3,000 00 

61,200 00 

30,900 00 

1,000 00 


$195,000 00 

$3,000 00 

51,000 00 

30,000 00 

900 00 




$275,000 


$308,900 00 


$279,900 00 



Bank 


Stock. 






First Nat'l Bank, Danvers, 


$1,500 


$1,900 00 


$1,500 00 


Atlas Nat'l Bank, Boston 


6,000 


7,500 00 


6,000 00 


North Nat'l Bank, Boston 


25,700 


36,494 00 


25,680 47 


State Nat'l Bank, Boston 


2,300 


2,875 00 


2,300 00 


Market Nat'l Bank, Boston 


2,500 


2,725 00 


2,500 00 


Second Nat'l Bank, Boston 


5,500 


8,305 00 


5,500 00 


Commerce Nat'l Bank, Boston 


1,500 


1,845 00 


2,000 00 


Atlantic Nat'l Bank, Boston . 


5,000 


7,650 00 


5,000 00 


Revere Nat'l Bank, Boston 


15,000 


18,300 00 


15,000 00 


First Nat'l Bank, Boston 


20,000 


41,400 00 


20,000 00 


Rockland Nat'l Bank, Boston . 


17,300 


24,220 00 


19,430 00 


People's Nat'l Bank, Boston . 


21,000 


34,020 00 


21,000 00 


Washington Nat'l Bank, Boston 


51,000 


71,400 00 


58,729 50 




$174,300 


$258,634 00 


$184,639 97 



Railroad Bonds. 



Old Colony Railroad 
Boston and Providence Railroad 
Boston and Albany Railroad . 
Boston and Maine Railroad 



$16,000 

12,000 

17,000 

6,000 



$51,000 



$20,000 00 

15,240 00 

21,590 00 

7,620 00 



,450 00 



$17,760 39 

13,614 67 

19,240 42 

6,706 25 



$57,321 73 



21 



162 



BANK COMMISSIONERS' REPORT. 



[Jan. 



INSTITUTION FOR SAVINGS IN NEWBURYPORT AND ITS VICINITY 

— NE WBURYPORT. 

Incorporated 1820. Number of corporators, 80. 
Edward S. Moseley, President. Treasurer, Richard Stone. 

Statement. 



Liabilities. 


Assets. 


Deposits 


• • • 


$4,234,123 74 1 


' Public funds 


$914,000 00 


Earnings 


undivided . 


26,793 04 


Loans on public funds 


8,500 00 


Guaranty 


fund . 


90,000 00 


Bank stock . 

Loans on bank stock . 

Railroad bonds 

Real estate .... 

Real estate by foreclosure 

Loans on real estate . 

Loans on personal security 


922,120 00 

1,450 00 

140.000 00 

15,000 00 

114,820 98 

1.020,122 00 

985,310 00 


« 






Loans to counties, cities, or 
towns 


193.500 00 








Deposit in banks on interest, 35,078 42 








Casb on hand 


415 38 




$4,350,916 78 


$4,350,916 78 



Loans on Public Funds: — 
On $8,500 United States bonds 



$S,500 00 



Loans on Bank Stock, amount on each : — 
On 6 shares First National Bank, Newburyport 
On 10 shares First National Bank, Merrimac . 

Cash on Deposit in Banks, amount in each: — 
First National Bank, Newburyport .... 
Mechanics' National Bank, Newburyport . 
Ocean National Bank, Newburyport .... 
National Bank of Redemption, Boston 

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



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year . . . . . . . '2 per cent 

Times for the dividends fixed by the by-laws: fourth Wednesday in 

April and October. 
The total amount of loans, with each specified rate of interest: 

$155,000, 3£ percent; $2,000, 3f per cent; $50,000, 3$ per cent; 

$30,000, 3£ per cent; $275,000, 4 per cent; $175,000, 4£ per cent; 



$550 00 


900 00 


$3,615 13 


20,000 00 


12,000 00 


63 29 


. $15,000 00 


. 20,000 00 


. 114,820 98 


. 108,900 00 


2,328 78 


1,823 31 


. $242,720 01 


. \ 79,265 98 


. 1 81,147 29 



1882.] 



PUBLIC DOCUMENT — No. 8. 



163 



$496,300, 4£ per cent; $65,000, 4| per cent; $265,900, 5 per cent; 

$7,000, 5i per cent; $243,500, 5£ per cent; $1,262,582, 6 per cent; 

$67,200, 6£ per cent; $178,400, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 342 

Aggregate amount of the same 

Number of open accounts 9,696 

Number and amount of deposits received for previous year, 4,683 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 398 

Number and amount of withdrawals .... 4,286 

Number of accounts opened the previous year . . . 1,142 

Number of accounts closed the previous year .... 6^89 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : June 6. 



$345,762 00 

494,583 46 

219,463 13 
440,065 45 



7,456 81 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


1300,000 


$320,631 00 


$300,00 00 


City and town bonds: — 








City of Charlestown 6s . 


135,000 


$40,950 00 


$35,000 00 


of Holyoke 6s. 




25,000 


31,250 00 


25,000 00 


of Lynn 6s 




75,000 


94,500 00 


75,000 00 


of Springfield 7s 




40,000 


54,000 00 


40,000 00 


of Nashua, N.H., 6s 




50,000 


59,000 00 


50,000 00 


of Hartford, Conn., 6s 




5,000 


5,750 00 


5,000 00 


of Concord, N.H., 6s 




35,000 


40,600 00 


35,000 00 


of Newburyport 5s . 




6,000 


6,120 00 


6,000 00 


of Newburyport 6s . 




183,000 


206,790 00 


183,000 00 


of Lewiston, Me., 6s 




10,000 


11,200 00 


10,000 00 


of Worcester 5s 




4,000 


4,020 00 


4,000 00 


of Bangor, Me , 7s . 




. 25,000 


31,250 00 


25,000 00 


of Lawrence 5^s 




25,000 


25,875 00 


25,000 00 


of Portland, Me., 6s 




60,000 


65,400 00 


60,000 00 


Town of Wakefield 6s . 




11,000 


11,110 00 


11,000 00 


of Groveland 5s. . 




17,000 


17,850 00 


17,000 00 


of Melrose 7s 




8,000 


10,080 00 


8,000 00 




$914,000 


$1,036,376 00 


$914,000 00 


Bank Stock. 


Atlantic Nat'l Bank, Boston . 


$12,200 


$18,788 00 


$12,200 00 


Atlas Nat'l Bank, Boston 


75,000 


93,750 00 


75,000 00 


Blackstone Nat'l Bank, Boston 


4,700 


5,405 00 


4,700 00 


Boston Nat'l Bank, Boston 


3,700 


4,736 00 


3,700 00 


Old Boston Nat'l Bank, Boston 


10,000 


12,200 00 


10,000 00 


City Nat'l Bank, Boston . 


10,800 


13,701 00 


10,800 00 



164 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



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 
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 Nat'l B'k, Boston 
Howard Nat'l Bank, Boston . 
Market Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
North Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
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 . 
Mechanics' Nat'l B'k, Newburyport, 
Merchants' Nat'l B'k, Newburyport, 
Ocean Nat'l Bank, Newburyport 
First Nat'l Bank, Newburyport 
Gloucester Nat'l Bank, Gloucester . 



$30,000 
22,100 
25,000 
28,600 

7,400 
10,000 
24,000 
10,000 
27,000 
13.300 
15,000 
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 
27,200 
45,000 
20,800 
35,300 
20,000 
21,500 
24,520 

5,250 

2,800 

6,000 



$922,120 



$42,900 00 
28,509 00 
30,125 00 
34,320 00 
8,880 00 
14,400 00 
31,440 00 
20,800 00 
32,400 00 
14.896 00 
16,950 00 
17,475 00 
34,710 00 
55,880 00 
10,230 00 
50,000 00 
25,431 00 
14.500 00 
42.SS4 00 
6.900 00 
34,830 00 
45,750 00 
72,960 00 
25,600 00 
45,200 00 
8,625 00 
27,450 00 
27,744 00 
54,900 00 
32,032 00 
49,420 00 
22,400 00 
29,240 00 
36,780 00 
7,350 00 
4,368 00 
7,920 00 



00 
00 
00 
00 
00 
00 



$30,000 00 
22,100 00 
25,000 00 
28,600 00 

7,400 00 
10,000 00 
24,000 00 
10,000 00 
27,000 00 
13,300 
15,000 
15,000 
26,700 
50,800 

8,250 
20,000 00 
17,300 00 
10.000 00 
30,200 00 

6,000 00 
25,800 00 
37,500 00 
48,000 00 
20,000 00 
40,000 00 

6,900 00 
22,500 
27,200 
45,000 
20.800 
35,300 
20,000 00 
21,500 00 
24,520 

5,250 

2,S00 

6,000 



00 
00 
00 
00 
00 



00 
00 
00 
00 



$1,214,779 00 



$922,120 00 



Railroad Bonds. 



Eastern Railroad 

Providence and Worcester Railroad 



$50,000 
100,000 



$55,000 00 
107,000 00 



$150,000 



$40,000 00 
100,000 00 



$162,000 00 $140,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



165 



IPSWICH SAVINGS BANK — IPSWICH. 

Incorporated March, 1869. Number of corporators, 29. 
Joseph Boss, President. Treasurer, Theodore F. Cogswell. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$191,108 93 
4,018 47 
1,805 00 


Public funds 
Loans on public funds 
Bank stock .... 
Loans on real estate . 
Loans on personal security, 
Loans to counties, cities, or 
towns ..... 
Deposit in bank on interest, 
Cash on hand 


$16,960 00 

800 00 

47,125 00 

98,253 00 

20,540 00 

1,000 00 

10,575 00 

1,679 40 




$196,932 40 


$196,932 40 



Loans on Public Funds : — 
On $1,000 City of Newton coupon bond 

Cash on Deposit in Bank : — 
First National Bank, Salem 



$800 00 



$11,137 45 



Whole amount of interest or profits received or earned . . . $11,440 31 
Rate and amount of each semi-annual dividend for I 2 per cent . ( 3,346 75 

previous year ) 2 per cent . i 3,594 22 

Times for the dividends fixed by the by-laws : fourth Wednesday in 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$4,000, 4i per cent; $500, 5 per cent; $3,000, 6 per cent; $27,183, 

6£ per cent; $85,910, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .189 

Aggregate amount of the same 116,593 00 

Number of open accounts . . . . . . . . 972 

Number and amount of deposits received for previous year . 836 55,811 57 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . . . .46 21,293 00 

Number and amount of withdrawals 570 49,298 88 

Number of accounts opened the previous year .... 196 

Number of accounts closed the previous year . . . . 108 

Amount of expenses of the corporation during previous year . . 457 75 

Amount of treasurer's bond ........ 25,000 00 

Date of examination by commissioner : June 8. 



166 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Maiket Value. 


Amount Invested. 


United States 4-|s, registered . 


$11,000 


$12,430 00 


$11,000 00 


City and town bonds : — 








City of Bangor, Me., 6s . 


$1,000 


$1,100 00 


$930 00 


of Bath, Me., 6s 


1,000 


1,000 00 


930 00 


of Manchester, N.H., 6s . 


500 


585 00 


500 00 


of Manchester, N.H , 6s . 


100 


117 00 


100 00 


of Providence, R.I., 5s . 


2,000 


2,330 00 


2,000 00 


of Dover, N.H., 6s . 


500 


585 00 


500 00 


Town of Provincetown 5s 


1,000 


1,150 00 


1,000 00 




$17,100 


$19,297 00 


$16,960 00 



Bank Stock. 



Salem Nat'l Bank, Salem 
Naumkeag Nat'l Bank, Salem 
Mercantile Nat'l Bank, Salem 
First Nat'l Bank, Salem . 
Asiatic Nat'l Bank, Salem 
Merchants' Nat'l Bank, 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 
Howard Nat'l Bank, Boston 
Pacific Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
Gloucester Nat'l Bank, Gloucester 



$2,100 
1,900 
1,900 
4,300 

690 
1,S00 
1,300 
3,600 
2,500 

400 
1,000 

400 
2,400 
2,500 

800 
2,000 
4,000 
4,000 

500 



$38,090 



$2,520 


00 


2,945 


00 


2,375 


00 


5,375 


00 


1,035 


00 


2,520 


00 


1.625 


00 


5,256 


00 


3,125 


00 


606 


00 


1,250 


00 


516 


00 


3,678 


00 


2,787 


50 


972 


00 


2,610 


00 


4,200 


00 


5,940 


00 


675 


00 


$50,010 50 



$2,310 00 
2,698 00 
2,090 
4,945 

920 
2,412 
1,456 
5,004 
3,150 

580 
1,175 

400 
3,360 
2,500 

800 
2,400 
4,260 
6,000 

665 



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



$47,125 00 



1882.] 



PUBLIC DOCUiMENT — No. 8. 



167 



LAWRENCE SAVINGS BANK — LAWRENCE. 

Incorporated March 10, 1868. Number of corporators, 81. 
Milton Bonney, President. Treasurer, William R. Spalding. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$335,091 08 

19,447 36 

4,746 04 

i 


Public funds 

Bank stock 

Railroad bonds . 

Real estate by foreclosure . 

Loans on real estate . 

Loans on personal security, 

Deposit in banks on interest, 

Expense account . 

Cash on hand 


$24,000 00 

73,500 00 

5,000 00 

23,973 36 

157,709 00 

7,129 85 

56,984 73 

1,023 89 

9,963 65 




$359,284 48 


$359,284 48 



Cash on Deposit in Banks, amount in each : — 
National Bank of the Commonwealth, Boston 
Pemberton National Bank, Lawrence 

Amount of real estate held by foreclosure . . 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 2 per cent 

previous years . . > 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 

$5,400, 5 per cent; $37,287.85, 6 per cent; $122,151, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 168 

Aggregate amount of the same 

Number of open accounts 1,332 

Number and amount of deposits received for previous year, 1,115 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 76 

Number and amount of withdrawals 812 

Number of accounts opened the previous year .... 291 
Number of accounts closed the previous year .... 313 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : March 30. 



$21,984 73 
41,775 95 

$23,973 36 

18,450 00 

2,127 59 

295 20 

$20,360 55 
6,329 69 
6,355 23 



122,188 85 

94,746 12 

42,377 12 
84,791 79 



1,600 00 
10,000 00 



168 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 
" " 6s 

City bonds : — 
City of Lawrence 6s 


$22,000 
1,000 

81,000 


$25,547 50 
1,300 00 

$1,210 00 


$22,000 00 
1,000 00 

$1,000 00 




$24,000 


$28,057 50 


$24,000 00 



Bank Stock. 



Commerce Nat'l Bank, Boston 


$2,700 


$3,476 


25 


$2,700 00 


North America Nat'l Bank, Boston . 


2,300 


2.645 


00 


2,300 00 


Market Nat'l Bank, Boston 


5.600 


6,202 


00 


5,600 00 


Pemberton Nat'l Bank, Lawrence . 


4,000 


5,400 


00 


4,000 00 


Traders' Nat'l Bank, Boston . 


2,100 


2,142 


00 


2,100 00 


Howard Nat'l Bank, Boston 


1,500 


1,952 


00 


1,500 00 


State Nat'l Bank, Boston 


5,400 


6,777 


00 


5,400 00 


Webster Nat'l Bank, Boston . 


8,900 


9,923 


50 


8,900 00 


City Nat'l Bank, Boston . 


1,000 


1,270 


00 


1,000 00 


Eliot Nat'l Bank, Boston . 


2,400 


2,8S6 


00 


2,400 00 


Atlas Nat'l Bank, Boston 


2.000 


2,500 


00 


2,000 00 


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


10,300 


11,999 


50 


10,300 00 


Third Nat'l Bank, Boston 


3,400 


3.621 


00 


3,400 00 


Merchants' Nat'l Bank, Boston 


2,000 


2,920 


00 


2,000 00 


Commonwealth Nat'l Bank, Boston, 


2,700 


3,361 


50 


2.700 00 


Lawrence Nat'l Bank, Lawrence 


700 


735 


00 


700 00 


Central Nat'l Bank, Boston 


5,500 


6,600 


00 


5,500 00 


First Ward Nat'l Bank, Boston 


1,600 


1.920 


00 


1,600 00 


Fourth Nat'l Bank, Boston 


2,500 


2,750 


00 


2,500 00 


Blackstone Nat'l Bank, Boston 


2,900 


3,335 


00 


2,900 00 


Tremont Nat'l Bank, Boston . 


4,000 


4,880 


00 


4,000 00 


* 


$73,500 


$87,295 


75 


$73,500 00 



Railroad Bonds. 



Fitchburg Railroad . 



$5,000 



$5,862 50 



$5,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



169 



LEE SAVINGS BANK - LEE. 

Incorporated March 5, 1852. Number of corporators, 75. 
Harrison" Garfield, President. Treasurer, John L. Kilbon. 

Statement. 



Liabilities 




Assets. 


Deposits 


$518,333 57 


Public funds . . 


$92,000 00 


Earnings undivided . 


9,049 00 


Batik stock .... 


110,200 00 


Guaranty fund . 


10,000 00 


Loans on bank stock . 


700 00 






Real estate by foreclosure . 


4,821 56 






Loans on real estate . 


263,099 77 






Loans on personal security, 


24,592 00 






Loans to counties, cities, or 








towns 


20,000 00 






Expense account 


564 32 






Premium account 


14,171 25 






Cash on deposit in Lee Na- 








tional Bank 


7,233 67 




$537,382 57 


$537,382 57 



Loans on Bank Stock : — 
On 11 shares Lee National Bank, Lee 



Cash on Deposit in Bank : 
Lee National Bank, Lee 



:i 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for / 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws : May 31 and Nov. 30. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 o per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 5 per cent; $303,391.77, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . . . . . . .-264 

Aggregate amount of the same 

Number of open accounts . . . . . . . 1,629 

Number and amount of deposits received for previous year, 1,144 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 64 

Number and amount of withdrawals 817 

Number of accounts opened the previous year .... 225 
Number of accounts closed the previous year .... 188 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Aug. 1. 



$700 00 



$7,233 67 

$4,821 56 

4,925 00 

42 80 

54 03 

$35,277 55 

9,610 81 

10,054 81 



209,289 75 



81,822 43 



33,696 91 
87,984 20 



1,606 25 
10,000 00 



22 



170 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4-|s .... 

State, city, and town bonds: — 
State of Massachusetts 5s 
City of Springfield 7s 

of Boston 4s and 5s . 

of Hartford, Conn., 4-1 s . 
Town of Sandisfield 7s . 


$40,000 

$20,000 

10,000 

10,000 

2,000 

10,000 


$45,200 00 

$23,500 00 

12,100 00 

10,530 00 

2,140 00 

10,000 00 


$40,000 00 

$20,000 00 

10,000 00 

10,000 00 

2.000 00 

10,000 00 




$92,000 


$103,470 00 


$92,000 00 



Bank Stock. 



Lee Nat'l Bank, Lee 
Adams Nat'l Bank, North Adams 
First Nat'l Bank, Adams 
Pittsfield Nat'l Bank, Fittsfield 
Housatonic Nat'l B'k, Stockbridge 
Everett Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
First Nat'l Bank, Boston . 
Merchandise Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Eagle Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
North America Nat'l Bank, Boston 



$18,900 
7,000 
3,300 
6,000 
5,000 
1,500 
2,300 
2,500 
1,000 
10,000 
5,000 
2,800 
1,000 
6,500 
6,800 
4,000 
1,500 
3,500 
5,500 
5,000 
1,000 
1,000 
9,100 



$110,200 



$22,950 


00 


9,800 


00 


5,115 


00 


9,360 


00 


7,500 


00 


1,740 


00 


2,714 


00 


3,100 


00 


1,230 


00 


20.700 


00 


5,500 


00 


3,500 


00 


1,535 


00 


7,475 


00 


8,160 


00 


4,840 


00 


1,875 


00 


3,920 


00 


7,040 


00 


6,250 


00 


1,200 


00 


1,250 


00 


10,374 


00 


$147,128 


00 



$18,900 00 
7,000 00 
3,300 00 
6,000 00 
5,000 00 
1,500 00 
2,300 00 
2,500 00 
1,000 00 
10,000 00 
5,000 00 
2,800 00 
1,000 00 
6,500 00 
6,800 00 
4,000 00 
1,500 00 
3,500 00 
5,500 00 
5,000 00 
1,000 00 
1,000 00 
9,100 00 

$110,200 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



171 



LEICESTER SAVINGS BANK — LEICESTER. 

Incorporated 18(5!). Number of corporators, 43. 

Lory S. Watson, President. Treasurer, D. E. Merriam. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$300,739 73 


Public funds 


$81,806 25 


Earnings undivided . 


8,125 04 


Bank stock . . . . 


49,849 12 


Guaranty fund . 


5,245 76 


Loans on bank stock . 


1,000 00 






Railroad bonds 


3,030 00 






Real estate by foreclosure . 


1,100 00 






Loans on real estate . 


140,255 38 






Loans on personal security, 


11,550 00 






Deposit in bank on interest, 


22,787 24 






Expense account . 


3 00 






Premium account 


2,729 54 




$314,110 53 


$314,110 53 



Loans on Bank Stock : — 
On 10 shares Leicester National Bank, Leicester 

Cash on Deposit in Bank: — 
Leicester National Bank, Leicester 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Kate and amount of each semi-annual dividend for ) 2 per cent 

previous year . . J 2 per cent 

Times for the dividends fixed by the by-laws : June 1 and Dec. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$28,550, 5 per cent; $118,095.38, 6 per cent; $5,325, 7 per cent; 

$835, 7£ per cent; $1,100, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: June 9. 



$1,000 00 



. $22,787 24 


. $1,100 00 

900 00 

15 12 


. $15,336 82 
. ( 5,520 88 
. 1 5,693 68 



101 



• 


91,605 00 


• 


1,100 00 


664 




336 


27,284 78 


28 


13,329 29 


233 


22,603 54 


65 




49 




• 


1,034 75 




10,000 00 



172 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^s .... 


$10,000 


$11,200 00 


$10,000 00 


" " 4s 


20,000 


23,000 00 


20,000 00 


City and town bonds : — 








City of Worcester 6s 


$12,000 


$14,040 00 


$12,000 00 


of Chelsea 6s . 1 




8,000 


9,840 00 


8,000 00 


of Lynn 6s 




9,000 


10,600 00 


9,000 00 


of Fall River 6s 




1,000 


1,240 00 


1,000 00 


of Springfield 7s 




2,000 


2,360 00 


2.000 00 


of Somerville 5s 




10,000 


10,800 00 


10,806 25 


Town of Natick 7s . 




9,000 


9,540 00 


9,000 00 






$81,000 


$92,620 00 


$81,806 25 



Bank Stock. 



Eliot Nat'l Bank, Boston 


$3,000 


$3,600 00 


$3,610 00 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,750 00 


5,954 40 


North Nat'l Bank, Boston 


2,000 


2,840 00 


2,425 00 


North America Nat'l Bank, Boston . 


1,200 


1,374 00 


1,346 00 


Market Nat'l Bank, Boston 


1,500 


1,650 00 


1,815 40 


State Nat'l Bank, Boston 


5,000 


6,250 00 


5,397 50 


Webster Nat'l Bank, Boston . 


3,000 


3,330 00 


3,162 50 


Continental Nat'l Bank, Boston 


1,000 


1,1S0 00 


1,150 00 


Maverick Nat'l Bank, Boston . 


1,000 


2,500 00 


1,178 75 


Revere Nat'l Bank, Boston 


1,500 


1,815 00 


1,925 00 


Commonwealth Nat'l Bank, Boston, 


1,000 


1,200 00 


1,100 00 


Traders' Nat'l Bank, Boston . 


2,500 


2,540 00 


2,612 50 


Howard Nat'l Bank, Boston . 


2,500 


3,250 00 


2,635 00 


Leicester Nat'l Bank, Leicester 


8,700 


10,005 00 


10,697 57 


Central Nat'l Bank, Worcester 


2,500 


3,500 00 


3,525 00 


Millbury Nat'l Bank, Millbury 


1,100 


1,375 00 


1,314 50 




$42,500 


$52,159 00 


$49,849 12 



Railroad Bonds. 



Eastern Railroad 4-|s 




$3,300 00 



$3,030 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



173 



LEOMINSTER SAVINGS BANK — LEOMINSTER. 

Incorporated 18G5. Number of corporators, 35. 
Leonard Burrage, President. Treasurer, H. L. Burditt. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$615,558 92 


Bank stock .... 


$89,225 00 


Earnings undivided . 


2,243 09 


Loans on bank stock . 


1,900 00 


Guaranty fund . 


8,000 00 


Real estate by foreclosure . 


18,474 45 






Loans on real estate . 


352,480 00 






Loans on personal security, 


82,850 00 






Loans to counties, cities, or 








towns 


21,700 00 






Deposit in bank on interest, 


47,500 00 






Expense account . 


235 79 






Loans on depositors' books, 


390 00 






Cash on hand and in bank, 


11,046 77 




$625,802 01 


$625,802 01 



Loans on Bank Stock : — 
On 37 shares First National Bank, Leominster 

Cash on Deposit in Bank: — 
First National Bank, Leominster 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for / 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$21,700, 4 per cent; $447,620, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 368 

Aggregate amount of the same 

Number of open accounts 1,921 

Number and amount of deposits received for previous year, 1,282 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . . . .91 

Number and amount of withdrawals .... 1,034 

Number of accounts opened the previous year .... 339 

Number of accounts closed the previous year .... 275 

Amount of expenses of the corporation during previous year . 

A mount of treasurer's bond 

Date of examination by commissioner: May 24. 



$1,900 00 



$57,500 00 

$18,474 45 

19,900 00 

843 00 

235 79 



:i 



3,814 69 
11,784 31 
11,800 69 



303,820 00 

108,229 22 

55,739 25 
111,960 03 

1,820 15 
40,000 00 



174 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


First Nat'l Bank, Leominster . 


$38,100 


$39,905 00 


$38,125 00 


Safety Fund Nat'l Bank, Fitchburg, 


8,000 


8,960 


00 


8,000 00 


Webster Nat'l Bank, Boston . 


7,500 


8,325 


00 


7,500 00 


Boston Nat'l Bank, Boston 


6,200 


7,936 


00 


6,200 00 


Traders' Nat'l Bank Boston . 


2,600 


2,652 


00 


2,600 00 


Central Nat'l Bank, Boston 


2,700 


3,240 


00 


2,700 00 


Globe Nat'l Bank, Boston 


6,100 


6,771 


00 


6,100 00 


Market Nat'l Bank, Boston 


1,000 


1,090 


00 


1,000 00 


Blackstone Nat'l Bank, Boston 


500 


575 


00 


500 00 


Eliot Nat'l Bank, Boston 


2,500 


3,000 


00 


2,500 00 


Everett Nat'l Bank, Boston 


3,400 


3,944 


00 


3,400 00 


Continental Nat'l Bank, Boston 


2,000 


2,360 


00 


2,000 00 


Boylston Nat'l Bank, Boston . 


1,500 


1.920 


00 


1,500 00 


Eagle Nat'l Bank, Boston 


1,700 


2,040 


00 


1,700 00 


Pacific Nat'l Bank, Boston 


1,000 


1.040 


00 


1,000 00 


Shoe and Leather Nat'l B'k, Boston, 


200 


226 


00 


200 00 


Merchandise Nat'l Bank, Boston 


200 


218 


00 


200 00 


Commonwealth Nat'l Bank, Boston, 


1,000 


1,200 


00 


1,000 00 


North America Nat'l Bank, Boston, 


3,000 


3,420 


00 


3,000 00 


» 


$89,200 


$98,822 


00 


189,225 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



175 



LOWELL FIVE CENTS SAVINGS BANK — LOWELL. 

Incorporated 1854. Number of corporators, 110. 

Horatio Wood, President. Treasurer, Artemas S. Tyler. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,431,462 51 


Public funds 


$72,975 00 


Earnings undivided . 


143,226 91 


Bank stock .... 


150,571 50 


Guaranty fund . 


21,304 81 


Real estate .... 


65,000 00 


Suspense 


2,000 00 


Real estate by foreclosure . 


436,661 30 






Loans on real estate . 


604,100 00 






Loans on personal security, 


151,440 00 






Loans to counties, cities, or 








towns 


42,500 00 






Deposit in banks on interest, 


70,350 80 






Expense account . 


2,003 33 






Loans on bank books . 


(500 00 






Cash on hand 


1,192 30 




$1,597,994 23 


$1,597,994 23 



Cash on Deposit in Banks, amount in each: — 
Prescott National Bank, Lowell .... 

Appleton National Bank, Lowell .... 
National Bank of the Commonwealth, Boston . 

Amount invested in real estate (for hanking 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 . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for 1 1 per cent 

previous year • . 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 : 4f per cent. 
The total amount of loans, with each specified rate of interest: 
$4,000, 3 per cent; $9,500, 3i per cent; $2,000, 4 per cent; $2,000, 
4$ per cent; $49,000, 4£ per cent; $50,000, 4| per cent; $162,000, 
5 per cent; $6,000, 5J per cent; $379,340, 6 per cent; $60,400, 6£ 
per cent; $66,600, 7 per cent; $1,300, 7& per cent; $5,700, 7£ per 
cent ; $800, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 71 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 6,901 

Number and amount of deposits received for previous year, 1,679 
Number and amount of deposits of and exceeding $300 at any 
one time for the previous year . . . . . .91 



.$52,867 26 
8,644 35 
8,839 19 

$65,000 00 

65,000 00 

436,661 30 

310,100 00 

13,772 15 

4,763 29 

$91,974 34 
{ 16,063 88 
! 29,620 53 



103,340 00 
50,161 30 

145,924 49 

51,254 79 




176 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . . . 1,567 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : June 21. 

Public Fumds. 



3,310 $396,579 54 
, 502 



6,952 21 
30,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds : — 
City of Cambridge .... 

of Chaiiestown 

of Lawrence .... 

of Lowell ..... 
Town of Plymouth .... 


$15,000 

10,000 

10,000 

35,000 

5,000 


$16,500 00 

10,900 00 

10,600 00 

40,250 00 

5,350 00 


$15,000 00 

10,000 00 

10,000 00 

32,975 00 

5,000 00 




$75,000 


$83,600 00 


$72,975 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston . 
Everett Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
North America Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston 
Tremont Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
First Nat'l Bank, Lowell 
Old Lowell Nat'l Bank, Lowell 
Merchants' ftat'l Bank, Lowell 
Prescott Nat'l Bank, Lowell 
Railroad Nat'l Bank, Lowell . 



$3,900 
4,500 
5.200 
7,000 
1,300 
1,400 
1,000 
5,000 
2,800 
1,000 
400 
5,000 
5,200 
3,400 
1,500 
9,000 
2,700 
5,600 
2,000 
9,200 
2,500 
500 
1,000 
7,100 
2,200 
900 
8,500 
8^00 
3.500 
13,500 
15,000 



$140,100 



00 
00 
00 
00 
00 
50 
00 



$4,875 

5,175 

6,656 

8,295 

1,651 

1,802 

1,245 

6,012 50 

3,353 00 

1,440 
468 

5,987 

5,798 

4,207 

1.747 
10,350 

3,294 

7,588 

2,510 
11,201 

3,787 
637 

1,130 

8,662 

3,377 

1,260 
12,750 

9,960 

4,655 
18,225 
IS, 150 



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



$3,900 00 

4,500 00 

5,200 

7,000 

1,300 

1,100 

1,000 

5,000 

2,S00 

1,000 
400 

5,000 

5,200 

3,400 

1,500 

9,450 

2,700 

5,600 

2,000 

9,200 

2,500 
500 

1,000 

7.100 

2.200 

900 

11,305 00 

10,970 50 

3,540 00 
16,806 00 
16,200 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 



$176,250 50 i $150,571 50 



1882.] 



PUBLIC DOCUMENT — No. 8. 



177 



LOWELL INSTITUTION FOR SAVINGS - LOWELL. 

Incorporated 1829. Number of corporators, 64. 

Theodore Edson, President. Treasurer, George J. Carney. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund , 


$3,510,253 80 
62,629 97 
67,187 15 

$3,640,070 92 


Public funds 

Bank stock . 

Loans on bank stock . 

Real estate .... 

Loans on real estate . 

Loans to counties, cities, or 

towns 

Deposit in banks on interest, 


$980,000 00 

344,200 00 

22,500 00 

20,334 06 

469,630 00 

1,305,800 00 
497,606 86 




$3,640,070 92 



Loans on Bank Stock: — 
On 250 shares Wamesit National Bank, Lowell 

Cash on Deposit in Banks, amount in each : — 
Prescott National Bank, Lowell 
First National Bank, Lowell .... 
Wamesit National Bank, Lowell 
Merchants' National Bank, Lowell . 



$22,500 00 



$3,000 00 

50,000 00 

80,000 00 

364,606 86 

$20,334 06 

20,334 06 

486 70 

$190,162 20 
j 57,017 88 
I 63,546 07 



Amount invested in real estate (for banking purposes) . 

Estimated value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 2 per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws: first Saturday in 

May and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7rWff per cent. 
The total amount of loans, with each specified rate of interest: 

$65,000, 2 per cent; $100,000, 3| percent; $75,000,4 percent; 

$50,000, 4fi& per cent; $85,300, 4f percent; $20,000, 4-ft percent; 

$125,500,5 per cent; $691,550, 6 per cent; $1,000, 6,{ per cent; 

$200,000, 6i per cent; $229,000, 6-& per cent; $155,580, 7 percent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 39 

Aggregate amount of the same 60,680 00 

Number of open accounts . 9,867 

Number and amount of deposits received for previous year, 24,848 933,111 56 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . ' . . .691 384,843 00 
Number and amount of withdrawals .... 5,393 592,508 03 

23 



178 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year . . . 2,474 
Number of accounts closed the previous year . . . 1,327 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Oct. 11. 



$5,600 00 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4Js, 1891 . 
" " 5s, extended 


$65,000 
915,000 


$72,800 00 
932,156 25 


$65,000 00 
915,000 00 




$980,000 


§1,004,956 25 


$980,000 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$15,000 


$19,500 00 


$15,000 00 


Boylston Nat'l Bank, Boston . 


17,500 


22,400 00 


17.500 00 


Columbian Nat'l Bank, Boston 


17,900 


26,134 00 


17,900 00 


Eagle Nat'l Bank, Boston 


45,000 


54,450 00 


45,000 00 


Freeman's Nat'l Bank, Boston. 


3,600 


4,572 00 


3,600 00 


Hamilton Nat'l Bank, Boston . 


55,000 


68,200 00 


55,000 00 


Merchants' Nat'l Bank, Boston 


34,100 


51,150 00 


34,100 00 


Mount Vernon Nat'l Bank, Boston . 


500 


635 00 


500 00 


New England Nat'l Bank, Boston . 


16,100 


24,633 00 


16,100 00 


Republic Nat'l Bank, Boston . 


24,500 


32,340 00 


24,500 00 


Second Nat'l Bank, Boston 


47,300 


72,842 00 


47,300 00 


Tremont Nat'l Bank, Boston . 


15,200 


19,152 00 


15,200 00 


Union Nat'l Bank, Boston 


500 


765 00 


500 00 


Washington Nat'l Bank, Boston 


3,200 


4,480 00 


3,200 00 


Railroad Nat'l Bank, Lowell . 


26,000 


31,200 00 


26,000 00 


First Nat'l Bank, Lowell . 


16,000 


24.d00 .00 


16,000 00 


Merchants' Nat'l Bank, Lowell 


6,800 


8,500 00 


6,800 00 




$344,200 


$464,953 00 


$344,200 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



179 



LYNN FIVE CENTS SAVINGS BANK — LYNN. 

Incorporated 1854. Number of corporators, 61. 

Henry A. Pevear, President. Treasurer, Henry E. Newhall. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$1 ,559,422 67 


Public funds 


$122,888 53 


Earnings undivided . 


67,496 87 


Loans on public funds 


75,500 00 


Guaranty fund . 


19,300 00 


! Bank stock .... 


360,588 97 






Loans on bank stock . 


6,400 00 






Railroad bonds . 


9,983 65 






Real estate .... 


35,000 00 






Real estate by foreclosure . 


21,883 40 






Loans on real estate . 


705, 605 42 






Loans on personal security, 


121,116 00 






Loans to counties, cities, or 








towns 


79,312 50 






Deposit in banks on interest, 


100,433 99 






Expense account . 


1,288 20 






Tax titles .... 


423 21 






Cash on band 


5,795 67 




$1,646,219 54 


$1,646,219 54 



Loans on Public Funds, amount on each : — 
On $75,000 United States 6s, currency 
On $500 United States 4s . 



Loans on Bank Stock, amount on each : — 
On 85 shares First National Bank, Lynn . 
On 6 shares Central National Bank, Lynn 
On 10 shares City National Bank, Lynn . 

Cash on Deposit in Banks, amount in each : — 

City National Bank, Lynn , 

Maverick National Bank, Boston .... 
Merchandise National Bank, Boston .... 
Mount Vernon National Bank, Boston 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for / 2 per cent 
previous year ) 2 per cent 

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

The total amount of loans, with each specified rate of interest 
$9,500, 3 per cent; $29,000, 3i per cent; $94,400, 4 per cent 
$10,500, 4i per cent; $75,300, 4* per cent; $25,500, 5 per cent; 
$1,200,5* per cent; $540,022.97, 6 per cent; $149,898.45, 6* per 
cent; $28,250, 7 per cent ; $2,050, l-? a per cent; $22,300, 7* per 
cent. 



$75,000 00 
500 00 



$5,000 00 
500 00 
900 00 

$27,920 05 

2,513 94 

30,000 00 

40,000 00 

$35,000 00 

35,000 00 

21,883 40 

27,850 00 

1,196 00 

1,560 78 

$95,393 45 
26,843 30 

27,873 85 



180 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of outstanding loans which are of an amount not 

exceeding $3,000 each 408 

Aggregate amount of the same 

Number of open accounts 9,046 

Number and amount of deposits received for previous year, 11,050 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 296 

Number and amount of withdrawals .... 6,918 

Number of accounts opened the previous year . . . 2,120 
Number of accounts closed the previous year . . . 1,493 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : May 27. 



$423,109 00 

452,360 43 

134,489 00 
395,653 42 



5,221 42 

30,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, currency 


$50,000 


$66,500 00 


$43,127 04 


" " 4s 


20,000 


23,200 00 


19,913 89 


State, city, and town bonds: — 








State of New Hampshire 6s 


$1,000 


$1,060 00 


$1,000 00 


of Maine 6s . 


7,000 


8,120 00 


7,000 00 


City of Cambridge 5s 


2,000 


2,010 00 


2,000 00 


of Chelsea 6s . 


2,000 


2,360 00 


2,0 n 00 


of Cambridge 6s 


1,000 


1,015 00 


1,072 50 


of Lynn 6s ... . 


5,000 


5.375 00 


5,000 00 


of Augusta, Me., 6s 


2.000 


2,120 00 


2,000 00 


of Providence, R.I., 5s . 


3,000 


3,075 00 


3.187 50 


Town of Brookline, 7s 


10,000 


13,300 00 


10,000 00 


of Plymouth 7s 


26,000 


27,820 00 


26,587 60 




$129,000 


$155,955 00 


$122, SS8 53 



Bank 


Stock. 








City Nat'l Bank, Lynn . 


$32,800 


$49,200 00 


$47,122 50 


Central Nat'l Bank, Lynn 


9,300 


13,578 


00 


11.863 97 


First Nat'l Bank, Lynn . 


4,400 


5,500 


00 


5,150 00 


North Nat'l Bank, Boston 


3,000 


4,290 


00 


4,150 25 


Exchange Nat'l Bank, Boston . 


47,000 


67,080 


00 


65,440 37 


First Nat'l Bank, Boston . 


23,500 


48,880 


00 


41,576 75 


Globe Nat'l Bank, Boston 


8,800 


9,856 


00 


11,500 00 


Redemption Nat'l Bank, Boston 


25.300 


33,902 


00 


34,000 00 


Hide and Leather Nat'l Bank, Boston. 


700 


833 


00 


682 50 


Revere Nat'l Bank, Boston 


6,900 


8,418 


00 


7,031 63 


Freeman's Nat'l Bank, Boston 


2,500 


2,975 


00 


2,500 00 


Shoe and Leather Nat'l B'k, Boston, 


1,500 


1,710 


00 


1,500 00 


Continental Nat'l Bank, Boston 


15,400 


18,172 


00 


21.816 50 


Traders' Nat'l Bank, Boston . 


13,000 


13,260 


00 


13.649 00 


Boylston Nat'l Bank, Boston . 


1.400 


1,750 


00 


1.900 00 


Columbian Nat'l Bank, Boston 


1,700 


2,448 


00 


2,450 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



181 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Union Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Common wealth Nat'l Bank, Boston, 
Merchandise Nat'l Bank, Boston 
North America Nat'l Bank, Boston . 
Georgetown Nat'l Bank, Georgetown, 


- $12,700 
5,000 

13,000 
3,000 

12,700 
5,000 
5,000 
2,000 

10,000 


$19,431 00 
0,496 00 

19,110 00 
3,720 00 

15,494 00 
0,350 00 
5,450 00 
2,964 00 
9,500 00 


$18,000 00 
7,512 50 

19,325 00 
4,000 00 

17,000 00 
5,000 00 
5,000 00 
2,418 00 

10,000 00 




1266,800 


$370,967 00 


$360,588 97 



Railroad Bonds. 



Eastern Railroad 




$11,497 50 



1,983 65 



182 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LYNN INSTITUTION FOR SAVINGS — LYNN. 

Incorporated 1826. Number of corporators, 61. 

Philip A. Chase, President. Treasurer, D. H. Sweetser. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$1,969,258 71 


Public funds 


$314,500 00 


Earnings undivided . 


59,525 55 


Loans on public funds 


3,850 00 


Guaranty fund . 


46,000 00 


Bank stock .... 


214,832 00 






Loans on bank stock . 


44,050 00 






Railroad bonds . 


19,70) 00 






Loans on railroad bonds 


1,000 00 






Real estate .... 


45,000 00 






Real estate by foreclosure 


4,765 68 






Loans on real estate . 


924,998 00 






Loans on personal security 


343,200 00 






Loans to counties, cities, oi 








towns 


81,500 00 


• 




Deposit in banks on interest, 67,299 18 






Tax titles 


625 20 






Cash on hand 


9,464 20 




$2,074,784 26 


$2,074,784 26 



Loans on Public Funds, amount on each : — 
On $3,000 Town of Brookline 7s 
On $1,000 City of Portland 6s . 



Loans on Bank Stock, amount on each: — 
On 80 shares City National Bank, Lynn . 
On 73 shares First National Bank, Lynn 
On 250 shares Maverick National Bank, Boston 
On 16 shares First National Bank, Lynn 
On 18 shares Central National Bank, Lynn 
On 10 shares Exchange National Bank, Boston 



Loans on Railroad Bonds: — 
On $1,000 Boston, Revere Beach, and Lynn Railroad 



$3,000 00 
S50 00 



$7,450 00 
87,200 00 
25,000 00 

4,400 00 



$1,000 00 



Cash on Deposit in Banks, amount in each: — 
Maverick National Bank, Boston 
First National Bank, Lynn .... 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 
previous year > 2 per cent 



$1,146 11 
60,153 07 

$45,000 00 

50,000 00 

4,765 68 

4,550 00 

270 00 

609 S7 

$115,914 00 
( 34,521 76 
( 35,811 20 



1882.] 



PUBLIC DOCUMENT — No. 8. 



183 



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: 

$-14,000, 3£ per cent; $105,300, 4| per cent; $25,000, 4f per cent;. 

$27,000, 4£ percent; $177,900,5 per cent; $7,500, 5£ per cent; 

$773,199, 6 per cent; $40,600, 6| per cent; $138,099, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 278 

Aggregate amount of the same 

Number of open accounts 6,126 

Number and amount of deposits received for previous year, 6,252 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 331 

Number and amount of withdrawals .... 4,522 

Number of accounts opened the previous year . . . 1,169 

Number of accounts closed the previous year . . . 795 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: May 27. 



$380,000 00 
444,207 00 

171,291 00 
371,675 47 



5,328 59 
50,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 6s, extended 









4is 
4s 



City and town bonds: — 
City of Cambridge 6s 

of Lynn 5-ls 

of Lynn 6s 

of Lynn 6s 

of Lowell 6s 

of Somerville 6s 

of Boston 6s 

of Boston 5s 

of Fall River 5s 

of Lynn 5s 

of Lynn 6s 
Town of Natick 7s 
of Saugus 5s 
of Maiden 6s 



$5,000 

115,000 

40,000 



$10,000 

19,000 

27,000 

1,000 

10,000 

15,500 

10,000 

5,000 

25,000 

1,000 

3,000 

4,000 

9,000 

15,000 



$314,500 



$5,050 


00 


128,800 


00 


46,400 


00 


$11,800 00 


19,760 


00 


29,160 


00 


1,200 


00 


11,400 


00 


16,275 


00 


11,800 


00 


5,100 


00 


27,500 00 


1,000 00 


3,240 


00 


4,200 


00 


9,500 


00 


16,550 


00 


$348,735 00 



$5,000 00 

115,000 00 

40,000 00 



$10,000 00 

19,000 00 

27,000 00 

1,000 00 

10,000 00 

15,500 00 

10,000 00 

5,000 00 

25,000 00 

1,000 00 

3,000 00 

4,000 00 

9,000 00 

15,000 00 

$314,500 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Rockland Nat'l Bank, Boston . 
Exchange Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston, 
New England Nat'l Bank, Boston . 




$7,950 00 


12,800 


00 


7,700 00 


6,780 


00 


8,555 


00 



$6,625 00 

12,000 00 

6,270 00 

6,000 00 

5,900 00 



184 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock— Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Columbian Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Shavvmut Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Republic Nat'l Bank, Boston 
Union Nat'l Bank, Boston 
Blackstone Nat'l Bank, Eoston 
First Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
First Nat'l Bank, Lynn . . . 
City Nat'l Bank, Lynn . 
Central Nat'l Bank, Lynn 
First Nat'l Bank, Lynn . 



$8,900 

2,500 

2,000 

1,300 

5,000 

5,500 

3,500 

5,400 

10,000 

7,300 

5,500 

2,500 

2,500 

3,400 

40,000 

21,300 

30,100 

1,400 



$190,800 



$12,905 


00 


2,675 


00 


2,500 


00 


1,534 


00 


5,250 


00 


8,250 


00 


4,025 


00 


5,940 


00 


13,000 


00 


10,950 


00 


6,050 


00 


5,000 


00 


2,700 


00 


3, SOS 


00 


50,000 


00 


34,080 


00 


43,645 


00 


1,750 00 


$257,847 


00 



$10,057 00 

2,500 00 

2,000 00 

1,300 00 

5,000 00 

6,875 00 

3,500 00 

5,400 00 

11,000 00 

8,700 00 

5,500 00 

3,750 00 

2,500 00 

3,400 00 

42,000 00 

26,625 00 

36,120 00 

1,750 00 

$214,832 00 



Railroad Bonds. 



Eastern Railroad 4£s 




$23,100 00 



$19,700 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



185 



MALDEN SAVINGS BANK — MALDEN. 

Incorporated March 30, 18G0. Number of corporators, 26.- 
Caleb Waite, President. Treasurer, Charles Merrill. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 

Guaranty fund . 



$503,073 21 
2,811 70 
5,500 00 



$511,985 00 



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



$90,500 00 

70,850 00 

4,550 00 

1,000 00 

188,575 00 

26,500 00 

20,000 00 

89,805 00 

1,205 00 

19,000 00 

$511,985 00 



Loans on Bank Stock, amount on each:— ■ 
On 25 shares Security National Bank, Boston 
On 7 shares First National Bank, Maiden 



$4,000 00 
550 00 



Cash on Deposit in Banks, amount in each : — 
First National Bank, Maiden .... 
Continental National Bank, Boston . 
National Bank of Redemption, Boston 
Pacific National Bank, Boston .... 
Central National Bank, Boston .... 
Maverick National Bank, Boston 



$9,805 00 
25,000 00 
20,000 00 
10,000 00 
15,000 00 
10,000 00 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 



$1,000 00 
900 00 
117 00 



:l 



$26,521 25 

10,316 17 

8,956 59 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ....... ) 2 per cent 

Times for the dividends fixed by the by-laws : second Wednesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5f per cent. 
The total amount of loans, with each specified rate of interest: 

$9,805, 2^ per cent; $20,000, 3£ per cent; $94,000, 5 per cent; 

$10,000, 5£ per cent; $196,625, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each ........ 94 

Aggregate amount of the same 

Number of open accounts . < ■ , . . . 2,210 

Number and amount of deposits received for previous year, 3,046 143,237 60 

24 



139,700 00 



186 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 140 

Number and amount of withdrawals .... 1,673 

Number of accounts opened the previous year . . . .510 
Number of accounts closed the previous year .... 210 
Amount of expenses of the corporation during previous year. 

Amount of treasurer's bond 

Date of examination by commissioner : May 2. 



$70,951 13 
131,233 53 



1,915 33 

10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^s .... 


$31,500 


$35,800 00 


$32,964 68 


" " 6s, currency 


10,000 


13,400 00 


10,000 00 


" " 5s, extended 


10,000 


10,100 00 


10,000 00 


City and town bonds : — 








City of Newton 5s . 


$8,000 


$9,200 00 


$8,120 00 


of Fall River 6s 


5,000 


5,900 00 


5,375 00 


of Bangor, Me., 6s . 


5,000 


6,050 00 


5,325 00 


of Fitchburg 6s 


1.000 


1,180 00 


1,095 00 


Town of Brookline 7s 


10.000 


13,000 00 


12,612 50 


of Woburn 6s 


10,000 


11,800 00 


10,950 00 




$90,500 


$106,430 00 


$96,442 18 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Eagle Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston . 
Freeman's Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hamilton Natl Bank. Boston . 
Howard Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
[Massachusetts Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Old Boston Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Rockland Nat'l Bank, Boston . 
Redemption Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 



$2,000 
2,300 
1,300 
2,500 
3,000 
2,800 
800 
6,400 
2,500 
1,500 
2,000 
1,000 
1,100 
2,000 
1,000 
3,000 
1,000 
1,200 
1,400 
1,050 
700 
500 
5,500 
4,700 
1,600 



$2,540 


00 


3,473 


00 


1,651 


00 


2,975 00 


4,464 


00 


3,304 


00 


914 


00 


9,216 


00 


3,100 


00 


3,150 


00 


2,240 


00 


1,210 


00 


1,40S 


00 


2,340 


00 


1.240 


00 


4,3S0 


00 


1,110 


00 


1,536 


00 


1,974 


00 


1,315 


00 


868 


00 


680 


00 


7,260 


00 


5,875 


00 


1,968 


00 



$2,000 00 
3,490 75 
1,381 25 
2,335 62 
4,354 25 
3,143 50 
920 00 
8,953 50 
2,425 00 
2.745 00 
2,045 00 
1,100 00 
1.100 00 
2,000 00 
1,080 00 
3,834 75 
1,000 00 
1,130 50 
1,778 00 
1,354 75 
707 87 
653 75 
7.361 25 
5,539 00 
1,710 87 






1882.] 



PUBLIC DOCUMENT — No. 8. 



187 



Bank Stock — Concluded. 





Par Value. 


— i — 

Estimated 
Market Value. 


Amount Invested. 


Security Nat'l Bank, Boston . 
Suffolk Nat'l Bank, Boston . 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 
Maiden Nat'l Bank, Boston 


$3,100 
1,200 
1,500 
1,000 
3,000 
7,600 


$5,797 00 
1,464 00 
1,545 00 
1,230 00 
3,390 00 
8,740 00 


$5,436 23 
1,363 50 
1,480 00 
1,015 00 
3,256 25 
7,600 00 




$70,850 


$92,387 00 


$84,295 59 



188 



BANK COMMISSIONERS' REPORT. [Jan. 



MARBLEHEAD SAVINGS BANK — MARBLEHEAD. 

Incorporated 1871. Number of corporators, 41. 
Isaac C. Wyman, President. Treasurer, William Gilley. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$180,102 45 


Public funds 


$31 ,810 47 


Earnings undivided . 


3,388 69 


Bank stock .... 


55,818 98 


Guaranty fund . 


2,219 57 


Real estate by foreclosure . 


32,201 48 






Loans on real estate . 


48,314 00 






Loans on personal security, 


10,419 70 






Loans to counties, cities, or 








towns 


0,000 00 






Deposit in bank on interest, 


4,553 27 






Expense account . 


1,149 18 






Cash on baud 


1,527 05 




$5191,800 71 


$191,800 71 



Cash on Deposit in Bank: — 
Marblehead National Bank, Marblehead 



$4,553 27 



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 . 



$32,201 48 

27,400 00 

2,144 84 

405 23 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous years f 2 per cent 

Times for the dividends fixed by the by-laws : May 1 and Nov. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$6,000, 4 per cent; $10,000, 5 per cent; $17,295.30, 6 per cent; 

$5,438.40, 64 percent; $17,450, 7 percent; $4,000, 7-]% per cent; 

$600, 7£ per cent; $3,950, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 33 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year . 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals 

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

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 16. 



:l 



$7,299 40 
3,114 78 
3,272 12 



1,033 
749 



33 
597 
125 

96 



25,800 00 
43,767 00 

17,759 00 
32,158 03 



1,714 06 
10,000 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



189 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City and town bonds: — 
City of Charlestowii 
of Bangor, Me. 
Town of Arlington .... 
of Melrose .... 


$1,500 

$3,000 
8,000 
5,000 

10,000 


$1,740 00 

$3,570 00 

10,000 00 

6,000 00 

13,000 00 


$1,438 ia 

$3,047 00 
8,984 67 
5,225 00 

13,121 67 




$27,500 


$34,310 00 
• 


$31,816 47 



Bank Stock. 



Marblehead Natl Bank, Marblehead, 


$1,200 


$1,392 00 


$1,344 00 


Merchants' Nat'l Bank, Boston 


2,500 


3,650 00 


3,331 25 


Shawmut Nat'l Bank, Boston . 


2,500 


3,200 00 


3,084 37 


Shoe and Leather Nat'l Bank, Boston, 


2,100 


2,375 00 


2,366 25 


North Nat'l Bank, Boston 


2,500 


3,552 00 


3,056 25 


Mount Vernon Nat'l Bank, Boston . 


2,000 


2,560 00 


2,505 20 


Continental Nat'l Bank, Boston 


2,500 


2,975 00 


2,687 50 


Blackstone Nat'l Bank, Boston 


3,000 


3,450 00 


3,485 00 


Bovlston Nat'l Bank, Boston . 


3,100 


3,968 00 


3,839 50 


Merchandise Nat'l Bank, Boston 


1,300 


1,320 00 


1,297 67 


State Nat'l Bank, Boston 


5,600 


7,056 00 


6,048 45 


Hamilton Nat'l Bank, Boston . 


500 


560 00 


591 25 


Market Nat'l Bank, Boston 


900 


990 00 


999 00 


Hide and Leather Nat'l B'k, Boston, 


3,200 


3,680 00 


3,744 00 


Revere Nat'l Bank, Boston 


400 


488 00 


442 75 


Grand Nat'l Bank, Marblehead 


3,800 


4,408 00 


4,639 15 


Commerce Nat'l Bank, Boston 


1,900 


2,451 00 


2,440 0O 


Redemption Nat'l Bank, Boston 


2,900 


3,915 00 


4,067 25 


North America Nat'l Bank, Boston . 


2,500 


2,875 00 


2,778 12 


Republic Nat'l Bank, Boston . 


2,400 


3,000 00 


3,072 00 


, 


$46,800 


$57,865 00 


$55,818 96- 



190 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MARLBOROUGH SAVINGS BANK — MARLBOROUGH. 

Incorporated April 3, 1860. Number of corporators, 87. 

Elbridge Howe, President. Treasurer, Edward R. Alley. 

Statement. 



Liabilities. 



Assets. 



Deposits 


$760,202 24 


Public funds 


$165,484 00 


Earnings undivided . 


22,542 42 


Bank stock .... 


121,241 25 


Guaranty fund . 


10,617 04 


Real estate by foreclosure . 


4,000 00 






Loans on real estate . 


411.418 50 






Loans on personal security, 


76,827 50 






Deposit in banks on interest, 


13,324 93 






Expense account . 


1,065 52 




$793,361 70 


$793,361 70 



Cash on Deposit in Banks, amount in each : — 

People's National Bank, Marlborough 

First National Bank, Marlborough 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 24, per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday in 

January and July. 
The total amount of loans, with each specified rate of interest : 

$10,000, 4 per cent; $-13,000, 5 per cent; $234,042. 6 per cent; 

$5,950, 04 per cent: $118,420.50, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 279 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

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

Amount of treasurer's bond 

Date of examination by commissioner: May 17. 



$2,001 65 
11,263 28 



$4,000 00 

8,500 00 

175 50 

$42,695 72 
15,801 14 
13,485 56 



• 


200.868 50 


• 


4.000 00 


2,551 




2,094 


206,771 00 


190 


108,260 00 


1,310 


144.310 55 


614 




374 




• 


1.635 06 


• 


10.000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



191 



Public Funds. 



Par Value. 



Estimated 

Market Value. 



Amount Invested. 



United States 4^s, coupons 
4s, coupons 



u 



it 



City and town bonds: — 
City of Charlestown 
of Boston 
of Fall River . 
of Lowell 
of Cambridge . 
of Lynn . 
of Lewiston, Me. 
of Dover, N.H. 
of Portsmouth, N.H 
of Bangor, Me. 
Town of Marlborough 

of Pawtucket, R.I. 

of Woburn 

of Southborough 



$600 
1,100 



$27,000 

21,000 

16,000 

12,000 

10,000 

7,000 

7,000 

4,400 

3,000 

2,500 

20,000 

10,000 

8,000 

6,800 



$156,400 



$072 00 


1,276 


00 


$31,980 00 


24,800 


00 


17,960 


00 


14,220 


00 


11,940 


00 


8,320 


00 


7,700 00 


5,236 


00 


3,030 


00 


2,875 


00 


21,000 


00 


11,200 


00 


8,160 


00 


6,800 


00 
00 


$177,169 



$627 00 
1,100 00 



$31,057 50 

23,090 00 

16,000 00 

11,920 00 

10,930 00 

8,007 50 

7,000 00 

4,752 00 

3,000 00 

2,500 00 

20,000 00 

10,700 00 

8,000 00 

6,800 00 

$165,484 00 



Bank Stock. 



Webster Nat'l Bank, Boston . 
Third Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
North America Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Eliot Nat'l Bank, Boston. 
Manufacturers' Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Commerce Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
City Nat'l Bank, Worcester . 
First Nat'l Bank, Clinton 
First Nat'l Bank, Lynn . 
People's Nat'l Bank, Marlborough 
First Nat'l Bank, Marlborough 



$7,500 
7,000 
6,800 
5,000 
4,400 
4,000 
4,000 
4,000 
3,000 
3,000 
2,000 
1,600 
1,500 
1,500 
1,500 
1,500 
1,500 
1,000 
800 
700 
400 
1,600 
1,500 
3,000 
5,300 
36,300 



$110,400 



$8,362 


50 


7,455 00 


8,058 


00 


5,575 


00 


5,918 


00 


4,420 


00 


4,400 


00 


5,080 


00 


3,450 


00 


3,750 


00 


2,600 


00 


1,920 


00 


1,657 


50 


1,875 


00 


1,796 


25 


1,695 


00 


1,931 


25 


1,280 


00 


920 


00 


854 


00 


466 


00 


1,760 


00 


1,725 


00 


3,900 


00 


5,565 


00 


45,375 


00 


$131,788 50 



$7,875 00 
7,175 00 
6,800 00 
5,250 00 
5,528 25 
4,000 00 
4,100 00 
4,200 00 
3,150 00 
3,150 00 
2,000 00 
1,680 00 
1,500 00 
1,575 00 
1,575 00 
1,710 00 
1,800 00 
1,050 00 
878 00 
735 00 
420 00 
1,600 00 
1,680 00 
3,150 00 
5,100 00 
43,560 00 

$121,241 25 



192 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MECHANICS' SAVINGS BANK — HOLYOKE. 

Incorporated 1872. Number of corporators, 47. 

James H. Newton, President. Treasurer, C. B. Prescott. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$463,325 81 


I 
Bank Stock .... 


$38,208 50 


Earnings undivided . 


8,908 47 


Loans on bank stock . 


1,800 00 


Guaranty fund . 


4,100 00 


Loans on real estate . 


276,75)5 00 






Loans on personal security, 


59,589 00 






Deposit in banks on interest, 


91,697 15 






Expense account . 


1.027 58 






Furniture and fixtures 


2,118 75 






-L J3. X 6 S • • • • • 


1,610 85 






Interest 


1,149 34 






Cash on band 


2,338 11 




£476,334 28 


$476,334 28 



Loans on Bank Stock : — 
On 30 shares City National Bank, Holyoke 

Cash on Deposit in Banks, amount in each : — 
City National Bank, Holyoke ..... 
Hadley Falls National Bank, Holyoke 



$1,800 00 



. $91,697 15 
372 6S 



Whole amount of interest or profits received or earned . 

Kate and amount of each semi-annual dividend for ) 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws : May and November. 
The total amount of loans, with each specified rate of interest: 

$338,184, G per cent. 
Number of outstanding loans which are of an amount not 

exceeding S3, 000 each 124 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year. 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Amount of assistant treasurer's bond 

Date of examination by commissioner: July 11. 



:l 



$24,620 47 
7,814 87 
8,405 67 



• 


135,609 00 


• 


18,700 00 


1.570 




2,403 


188,960 87 


136 


85,414 00 


1,014 


155,S73 42 


567 




439 




• 


1.454 42 


• 


20.000 00 


* 


10,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



193 



Bank 


Stock. 






- 


Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


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 


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

16,500 


$2,530 00 
3,200 00 
8,500 00 
7,200 00 

18,975 00 


$3,008 50 
3,080 00 
8,500 00 
7,120 00 

16,500 00 


% 


$30,200 


$40,405 00 


$38,208 50 



25 



194 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MECHANICS' SAVINGS BANK — LOWELL. 
Incorporated 1861. Number of corporators, 72. 

William A. Bdkke, President. Treasurer, Charles C. Hutchinson. 

Statement. 



Liabilities 


■ 


Assets. 


Deposits 


$1,391,936 17 


Public funds 


$87,000 00 


Earnings undivided . 


41,170 30 


Bank stock .... 


171,050 00 


Guaranty fund . 


25,000 00 


Loans on bank stock . 


13,800 00 


Suspense account 


1,180 00 


Railroad bonds . 


80,000 00 






Real estate .... 


92,175 06 






Real estate bv foreclosure . 


176,452 07 






Loans on real estate . 


659,325 41 






Loans on personal security, 


141,900 00 






Deposit in bank on interest, 


33,026 00 






Cash on band 


4,557 93 




$1,459,286 47 


$1,459,286 47 



Loans on Bank Stock, amount on each : — 

On 70 shares National Bank of the Commonwealth, Boston . 

On 30 shares Railroad National Bank, Lowell, and 10 sbares Pres- 
cott National Bank, Lowell 

On 20 shares Railroad National Bank, Lowell, and 20 shares Metro- 
politan National Bank, Boston 

Cash on Deposit in Bank: — 
Railroad National Bank, Lowell .... 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ' 2 per cent 

Times for the dividends fixed by the by-laws : first Saturday in June 

and December. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5^J per cent. 
The total amount of loans, with each specified rate of interest: 

$25,000, 3| per cent; $58,400, 4 per cent; $30,000, 4£ per cent; 

$178,300, 5 per cent; $1,800, 5$ per cent; $386,271.84, 6 per cent; 

$19,500, 6£ per cent; $97,729.57, 7 per cent; $6,500, TfV per cent; 

$11,000, 7£ per cent; $524, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 222 

Aggregate amount of the same 

Amount of investments from which no income is received 
Number of open accounts 3,897 



$7,000 00 
2,800 00 
4,000 00 

$33,026 00 

$92,175 06 

80,000 00 

176,452 07 

122.600 00 

6,712 37 

1,721 22 

$71,099 72 
25.947 67 
26,348 43 



274.820 41 
7,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



195 



Number and amount of deposits received for previous year, 2,414 $209,012 70 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 404 101,045 97 

Number and amount of withdrawals .... 2,037 208,272 47 

Number of accounts opened the previous year . . . .611 

Number of accounts closed the previous year .... 484 

Amount of expenses of the corporation during previous year . . 5,718 77 

Amount of treasurer's bond 25,000 00 

Date of examination -by commissioner: July 25. 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 5s, 1881 extended 

City and town bonds : — 
City of Lowell . . . 
Town of Woburn .... 


$17,000 

$50,000 
20,000 


$17,297 50 

$59,000 00 
22,400 00 


$17,000 00 

$50,000 00 
20,000 00 




$87,000 


$98,697 50 


$87,000 00 



Bank 


Stock. 






New England Nat'l Bank, Boston . 


$500 


$727 50 


$500 00 


Traders' Nat'l Bank, Boston . 


800 


824 00 


800 00 


First Nat'l Bank, Boston 


800 


1,600 00 


800 00 


City Nat'l Bank, Boston 


900 


1,143 00 


900 00 


Mount Vernon Nat'l Bank, Boston . 


1,000 


1,250 00 


1,000 00 


Howard Nat'l Bank, Boston . 


1,300 


1,690 00 


1,300 00 


Merchants' Nat'l Bank, Boston 


1,500 


2,190 00 


1,500 00 


Second Nat'l Bank, Boston 


2,000 


3,030 00 


2,000 00 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,325 00 


2,000 00 


Eliot Nat'l Bank, Boston . 


2,500 


3,006 25 


2,500 00 


North America Nat'l Bank, Boston . 


3,700 


4,255 00 


3,700 00 


Shawmut Nat'l Bank, Boston . 


3,900 


4,953 00 


3,900 00 


Eagle Nat'l Bank, Boston 


4,000 


4,780 00 


4,000 00 


North Nat'l Bank, Boston 


4,300 


6,106 00 


4,300 00 


Everett Nat'l Bank, Boston 


9,000 


10,462 50 


9,000 00 


Mechanics' Nat'l Bank, Boston 


5,000 


6,350 00 


5,000 00 


"Webster Nat'l Bank, Boston . 


5,000 


5,575 00 


5,000 00 


Commerce Nat'l Bank, Boston 


4,500 


5,805 00 


4,500 00 


Boston Nat'l Bank, Boston 


6,300 


8,064 00 


6,300 00 


Revere Nat'l Bank, Boston 


16,000 


19,520 00 


16,000 00 


Republic Nat'l Bank, Boston . 


8,300 


10,624 00 


8,300 00 


Blackstone Nat'l Bank, Boston 


9,900 


11,682 00 


9,900 00 


Atlas Nat'l Bank, Boston 


10,600 


13,250 00 


10,600 00 


Redemption Nat'l Bank, Boston 


28,100 


37,935 00 


28,100 00 


Metropolitan Nat'l Bank, Boston 


4,000 


4,810 00 


4,000 00 


Collateral Loan Company, Boston . 


2,800 


2,940 00 


2,800 00 


Railroad Nat'l Bank, Lowell . 


23,300 


28,542 50 


23,300 00 


Bay State Nat'l Hank, Lawrence 


2,250 


3,300 00 


2.250 00 


First Nat'l Bank, Maiden 


6,800 


7,480 00 


6,800 00 




$171,050 


$214,219 75 


$171,050 00 



196 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Railroad Bonds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Maine Railroad 
Old Colony Railroad 


$30,000 
50,000 


$38,550 00 
62,500 00 


$30,000 00 
50,000 00 




$80,000 


$101,050 00 


$80,000 00 









1882.] 



PUBLIC DOCUMENT — No. 8. 



197 



MEDFORD SAVINGS BANK — MEDFORD. 

Incorporated 18(59. Number of corporators, 58. 

Henry Hastings, President. Treasurer, Daniel W. Lawrence. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$373,252 84 


Public funds 


$23,440 00 


Earnings undivided . 


12,116 46 


Loans on public funds 


17,000 00 


Guaranty fund . 


5,000 00 


Bank stock .... 


23,420 00 


Suspense account 


600 00 


Real estate by foreclosure . 


17,031 76 






Loans on real estate . 


165,175 00 






Loans on personal security, 


100,550 00 






Loans to counties, cities, or 








towns . . . 


15,000 00 






Deposit in bank on interest, 


28,944 84 






Cash on hand 


407 70 




$390,969 30 


$390,969 30 



Loans on Public Funds, amount on each:- — 
On $10,000 Commonwealth of Massachusetts 5s 
On $7,000 City of Cambridge 6s 

Cash on Deposit in Bank : — 
Exchange National Bank, Boston 

« 

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

Whole amount of interest or profits received or earned 

Kate and amount of each semi-annual dividend for ) 1\ per cent 

previous year ' 2 per cent 

Times for the dividends fixed by the by-laws : first Saturday in May 

and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4f per cent. 
The total amount of loans, with each specified rate of interest: 

$67,000,4 per cent; $2,000, 4-J per cent; $30,000, 5 per cent; 

$6,500, h\ per cent; $82,650, 6 per cent; $51,850, 6£ per cent; 

$47,275, 7 per cent; $975, 7-& per cent; $2,800, 7± per cent; 

$6,675, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .110 

Aggregate amount of the same 

Number of open accounts 1,512 

Number and amount of deposits received for previous year, 1,454 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 73 

Number and amount of withdrawals 770 

Number of accounts opened the previous year .... 260 
Number of accounts closed the previous year . . . . 145 



$10,000 00 
7,000 00 

$28,944 84 

$17,031 76 

17,200 00 

787 02 

268 32 

$20,434 22 
8,217 86 
6,794 51 



126,125 00 

84,563 00 

37,810 00 
75,640 42 



198 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : April 23. 



$1,000 00 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds: — 
City of Lynn ..... 
Town of Melrose .... 
of Medford .... 


$5,000 

5,000 

12,000 


$5,500 00 

6,100 00 

13,440 00 


$5,000 00 

5,000 00 

13,440 00 




$22,000 


$25,040 00 


$23,440 00 



Bank Stock. 



Commerce Nat'l Bank, Boston 


$1,200 


$1,548 00 


$1,200 00 


Hamilton Nat'l Bank, Boston . 


1,500 


1.755 00 


1,800 00 


Blackstone Nat'l Bank, Boston 


3,300 


3,795 00 


3,500 00 


Revere Nat'l Bank, Boston 


400 


488 00 


440 00 


Eagle Nat'l Bank, Boston 


1,000 


1,200 00 


1.120 00 


Republic Nat'l Bank, Boston . 


1,500 


1,875 00 


1,875 00 


Commonwealth Nat'l Bank, Boston, 


2,000 


2,400 00 


2,140 00 


Monument Nat'l Bank, Boston 


2,500 


5,225 00 


4,265 00 


Market Nat'l Bank, Boston 


1,000 


1,090 00 


1,050 00 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,320 00 


2,200 00 


Webster Nat'l Bank, Boston . 


1,000 


1,110 00 


1,030 00 


Boston Nat'l Bank, Boston 


2,500 


3,125 00 


2,800 00 




$19,900 


$25,931 00 


$23,420 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



199 



MEDWAY SAVINGS BANK — MED WAY. 

Incorporated 1871. Number of corporators, 54. 
M. M. Fisher, President. Treasurer, 0. A. Mason. 

Statement. 



Liabilities 


• 


Assets. 




Deposits 


$182,853 94 


Bank stock .... 


$35,113 75 


Earnings undivided . 


3,220 42 


Loans on bank stock . 


500 00 


Guaranty fund . 


4,198 18 


Real estate by foreclosure . 


9,948 14 






Loans on real estate . 


106,600 00 






Loans on personal security, 


28,616 25 






Loans to counties, cities, or 








towns ...... 


6,000 00 






Deposit in bank on interest, 


1,803 01 






Expense account . . . 


901 63 






Cash on hand 


789 76 




$190,272 54 


$190,272 54 



Loans on Bank Stock : — 
On 5 shares Eliot National Bank, Boston 



$500 00 



Cash on Deposit in Bank : — 
Central National Bank, Boston 



$1,803 01 



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



$9,948 14 

9,115 00 

402 00 

127 61 



Whole amount of interest or profits received or earned . . . $10,154 67 
Rate and amount of each semi-annual dividend for ) 2 per cent . ( 3,196 01 

previous year ) 2 per cent • I 3,361 66 

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^ per cent. 
The total amount of loans, with each specified rate of interest: 

$6,000, 4£ per cent; $63,615, 6 per cent; $72,101.25, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 195 

Aggregate amount of the same 111,716 25 

Number of open accounts 788 

Number and amount of deposits received for previous year . 629 74,121 80 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 65 36,040 79 

Number and amount of withdrawals 736 69,445 00 

Number of accounts opened the previous year . . . . 104 
Number of accounts closed the previous year . . . • . 91 
Amount of expenses of the corporation during previous year . . 792 30 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner : April 26. 



200 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Wrentham Nat'l Bank, Wretham . 


$225 


$255 00 


$310 00 


Merchandise Nat'l Bank, Boston 


4,200 


4,704 00 


4,454 50 


Mount Vernon Nat'l Bank, Boston . 


1,500 


1,725 00 


1,623 75 


Market Nat'l Bank, Boston 


1,000 


1,100 00 


1,030 00 


S. Framingham N'l B'k, S. Fram'm, 


2,000 


2,000 00 


2,000 00 


Franklin Nat'l Bank, Franklin 


1,700 


1,989 00 


1,972 00 


Dedham Nat'l Bank, Dedham . 


3,200 


3,840 00 


3,841 00 


Holliston Nat'l Bank, Holliston 


4,200 


5,040 00 


5,040 00 


Central Nat'l Bank, Boston 


6,500 


7,800 00 


6,667 50 


First Ward Nat'l Bank, Boston 


3,000 


3,480 00 


3,075 00 


Manufacturers' Nat'l Bank, Boston, 


5,000 


5,300 00 


5,100 00 




832,525 


$37,233 00 


835,113 75 









1882.] 



PUBLIC DOCUMENT — No. 8. 



201 



MELROSE SAVINGS BANK — MELROSE. 

Incorporated April 3, 1872. ) __ . x n . • 

> Number of corporators, 24. 
Organized Aug. 5, 1874. ) 

Daniel Russell, President. Treasurer, E. H. Goss. 

Statement. 



1 

Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$117,931 81 

1,409 49 

812 67 


Public funds 

Bank stock .... 

Real estate by foreclosure . 

Loans on real estate . 

Deposit in banks on interest, 

Expense account . 

Cash on band 


$30,227 50 

8,676 50 

2,680 38 

59,060 00 

19,248 64 

213 08 

47 87 




$120,153 97 


$120,153 97 



Cash on Deposit in Bank : 
Everett National Bank 



$19,248 64 



Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year . ) 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 

$28,500, 6 per cent; $4,700, 6i per cent; $2,700, 6f per cent; 

$23,160, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each • .41 

Aggregate amount of the same 

Number of open accounts 761 

Number and amount of deposits received for previous year, 1,192 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

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 : Dec. 1. 

26 



$2,680 38 

2,500 00 

180 00 

34 50 

$5,823 13 
2,067 89 
1,792 93 



46 
517 
203 
100 



41,060 00 

68,697 56 

31,262 40 
42,553 68 



495 82 
5,000 00 



202 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and town bonds : — 

City of Dover 6s 

of Portsmouth 6s 
of Portland 6s . 
of Lewiston 6s 
of Bangor 6s . 
of Brockton 5s 
of Boston 4s 

Town of Gardiner 6s 



$3,000 
1,000 
5,000 
3,000 
1,000 
8,000 
7,000 
1,000 



$29,000 



$3,180 00 


1,060 00 


6,150 00 


3,090 00 


1,015 00 


8,640 00 


7,140 00 


1,030 00 


$31,305 00 



$3,150 00 
1,048 75 

5,218 
3,150 
1,020 
8,640 
7,000 
1,000 



75 

00 
00 
00 
00 
00 



$30,227 50 



Bank Stock. 



Everett Nat'l Bank, Everett . 
Freeman's Nat'l Bank, Boston 



$2,400 
5,000 



$7,400 



$2,760 00 
6,250 00 



1,010 00 



$2,698 50 
5,978 00 



$8,676 50 












1882.] 



PUBLIC DOCUMENT — No. 8. 



203 



MERRIMAC SAVINGS BANK — MERRIMAC. 

Incorporated 1871. Number of corporators, 36. 
William H. Haskell, President. Treasurer, Daniel J. Poore. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$230,712 21 
2,465 08 
2,530 03 


Bank stock .... 
Railroad bonds . 
Loans on real estate . 
Loans on personal security,* 
Loans to counties, cities, or 

towns 

Deposit in banks on interest, 
Cash on hand 


$2,000 00 

8,600 00 

122,185 00 

85,256 83 

2,325 00 

14,300 00 

1,040 49 




$235,707 32 


$235,707 32 



Cash on Deposit in Bank : — 
First National Bank, Merrimac 



. $15,340 49 



:l 



$13,145 63 
3,815 24 
4,212 48 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5-£ per cent. 
The total amount of loans, with each specified rate of interest: 

$41,950, 5 per cent; $13,000, 5£ per cent; $82,331.83, 6 per cent; 

$10,900, 6£ per cent; $60,085, 7 per cent; $1,500, 7£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 97 

Aggregate amount of the same 95,516 83 

Number of open accounts 754 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year . 
Amount of treasurer's bond ....... 

Date of examination by commissioner : June 13. 

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



680 


60,117 31 


41 


18,762 60 


285 


23,898 64 


181 




73 




• 


811 34 




10,000 00 



204 



BANK COMMISSIONERS' REPORT. [Jan. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


First Nat'l Bank, Merrimac . 


12,000 


$2,600 00 


$2,000 00 


Railroad Bonds. 


West Ames bury Branch R.R. Co. . 


$8,600 


$9,460 00 


$8,600 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



205 



MERRIMACK RIVER SAVINGS BANK — LOWELL. 
Incorporated Feb. 24, 1871. Number of corporators, 39. . 
J. G. Peabody, President. Treasurer, N. G. Lamson. 

Statement. 



Liabilities 


). 


Assets. 


• 


Deposits 


$334,722 87 


Public funds 


$7,000 00 


Earnings undivided. . 


12,524 95 


Bank stock .... 


27,419 12 


Guaranty fund . 


3,428 97 


Loans on bank stock . 


14,500 00 






Loan on railroad bond 


1,000 00 






Real estate by foreclosure . 


26,500 00 






Loans on real estate . 


183,481 25 






Loans on personal security, 


75,850 00 






Loans to counties, cities, or 








towns 


3,000 00 






Deposit in banks on interest, 


11,625 32 






Cash on hand 


301 10 




$350,676 79 


$350,676 79 



Loans on Bank Stock: — 
On 151 shares Wamesit National Bank 



$14,500 00 



Loan on Railroad Bonds : — 
On $1,000 Boston and Lowell Railroad 



$1,000 00 



Cash on Deposit in Banks, amount in each : — 
Wamesit National Bank, Lowell 
Maverick National Bank, Boston . 



$11,557 13 
68 19 



Amount of real estate held by foreclosure $26,500 00 

Assessed value of the same 26,650 00 

Amount of income received from the same ..... 1,809 45 

Amount of municipal tax on real estate . . . . . . 573 20 

Whole amount of interest or profits received or earned . . . $17,937 22 
Rate and amount of each semi-annual dividend for \ 2 per cent . ( 5,150 32 

previous year ) 2 per cent . ( 5,645 98 

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 per cent. 
The total amount of loans, with each specified rate of interest: 

$17,000, 5i per cent; $137,975, 6 per cent; $700, 6J per cent; 

$26,806.25, 7 per cent; $1,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 59 

Aggregate amount of the same 73,531 25 

Number of open accounts 863 

Number and amount of deposits received for previous year . 755 108,564 10 



206 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of and exceeding $300 at any 



one time for the previous year 



112 $63,902 10 



Number and amount of withdrawals 348 

Number of accounts opened the previous year .... 246 
Number of accounts closed the previous year .... 121 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : July 19. 



43,702 57 



572 14 
15,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Town bonds : — 
Town of Natick .... 
of Provincetown . 


$3,000 
4,000 


$3,200 00 
4,300 00 


$3,000 00 
4,000 00 




$7,000 


$7,500 00 


$7,000 00 



Bank Stock. 



Tremont Nat'l Rank, Boston . 


$4,500 


$5,715 00 


$4,955 62 


Blackstone Nat'l Bank, Boston 


2,500 


2,875 00 


2.899 50 


Atlantic Nat'l Rank, Boston . 


1 ,000 


1,570 00 


1,351 50 


Atlas Nat'l Bank, Boston 


3,000 


3,780 00 


3,525 00 


Hide and Leather Nat'l B'k, Boston, 


2,100 


2,478 00 


2,320 50 


Howard Nat'l Bank, Boston . 


1,000 


1,260 00 


1,130 25 


North Nat'l Bank. Boston 


900 


1,296 00 


1,086 75 


Metropolitan Nat'l Bank, Boston 


1,600 


1.964 00 


1,600 00 


Boston Nat'l Bank, Boston 


5,000 


6,500 00 


5,750 00 


Redemption Nat'l Bank, Boston 


2,000 


2,720 00 


2,800 00 




$23,600 


$30,158 00 


$27,419 12 






1882.] 



PUBLIC DOCUMENT— No. 8. 



207 



MIDDLEBOROUGH SAVINGS BANK — MIDDLEBOROUGH. 

Incorporated March 15, 1873. Number of corporators, 36. 
Everett Robinson, President. Treasurer, Cornelius B. Wood. 

Statement. 



Liabilities. 

f 


Assets. 


Deposits 

Earnings undivided . 
Guaranty fund . 
Interest paid in ad- 
vance 


$410,508 74 
6,410 45 
3,562 00 

2,548 12 


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 interes . 
Cash on hand 


$13,140 00 

5,400 00 

5,112 50 

229, «89 24 

126,175 14 

23,143 61 

19,333 69 

835 13 




$423,029 31 


$423,029 31 



Loans on Bank Stock : — 
On 55 shares Pacific National Bank $5,400 00 

Cash on Deposit in Banks, amount in each : — 
Maverick National Bank, Boston ....... $18,086 54 

New England Trust Company *........ 1,247 15 

Whole amount of interest or profits received or earned . . . $24,039 74 
Rate and amount of each semi-annual dividend for { 2£ per cent . j 8,028 35 

previous year '2 per cent . ( 7,669 16 

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£ per cent. 
The total amount of loans, with each specified rate of interest: 

$39,352.50, 4 per cent; $11,000, 4£ per cent; $39,900, 5 per cent; 

$1,000, 5£ per cent; $293,355, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 367 

Aggregate amount of the same 257,227 99 

Number of open accounts 1,500 

Number and amount of deposits received for previous year, 1,065 114,091 93 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 87 47,661 27 

Number and amount of withdrawals 605 60,970 55 

Number of accounts opened the previous year . . . .316 
Number of accounts closed the previous year .... 137 
Amount of expenses of the corporation during previous year . 670 69 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner : July 7. 

• The Attorney-General has given an opinion that deposits hy savings banks in this trust 
company are illegal. 



208 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Commerce Nat'l B'k, New Bedford, 
Webster Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Suffolk Nat'l Bank, Boston 


$3,000 

5,000 
2,200 
2,100 


$4,050 00 
5,575 00 
2,684 00 
2,541 00 


$3,540 00 
4,961 00 
2,329 00 
2,310 00 




$12,300 


$14,850 00 


$13,140 00 



Railroad Bonds. 



Old Colony Railroad 




$5,112 50 






1882.] 



PUBLIC DOCUMENT — No. 8. 



209 



MIDDLESEX INSTITUTION FOR SAVINGS — CONCORD. 

Incorporated 1835. Number of corporators, 22. 
George M. Brooks, President, Treasurer, George Heywood. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$1,016,469 88 
33,574 50 
10,500 00 


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


$70,000 00 
270,500 00 
140,000 00 

22,950 00 
357,018 80 
108,200 00 

59,350 00 
844 45 

31,681 13 




$1,060,544 38 


$1,060,544 38 



Cash on Deposit in Bank: — 
Concord National Bank, Concord 



$31,681 13 



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



$22,950 00 

19,400 00 

247 00 

113 22 



Whole amount of interest or profits received or earned . . . $56,352 12 
Rate and amount of each semi-annual dividend for ) 2 per cent . j 18,731 78 

previous year ) 2 per cent . t 18,946 16 

Times for the dividends fixed by the by-laws : second Tuesday in 

June and December. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$44,368.80, 5 per cent; $233,550, 6 percent; $171,150, 6£ per cent; 

$55,450, 7 per cent; $43,000, 7£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . 149 

Aggregate amount of the same . 206,700 00 

Amount of investments from which no income is received . . 35,000 00 

Number of open accounts 2,961 

Number and amount of deposits received for previous year, 1,541 157,239 77 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 130 65,382 16 

Number and amount of withdrawals 987 132,807 64 

Number of accounts opened the previous year .... 403 
Number of accounts closed the previous year .... 230 
Amount of expenses of the corporation during previous year . 3,037 01 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner : June 15. 

27 



210 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
JIaiket Value. 


Amount Invested. 


United States bonds . • 

State bonds : — 
State of Maine .... 
of Rhode Island 


$50,000 

$6,000 
14,000 


$50,625 00 

$6,600 00 
16,800 00 


$50,000 00 

$6,000 00 
14,000 00 




$70,000 


$74,025 00 


$70,000 00 



Bank Stock. 



Blackstone Nat'l Bank, Boston 


$10,600 


$12,190 


00 


$10,600 00 


Boston Nat'l Bank, Boston 


13,300 


17,024 


00 


13,300 00 


Central Nat'l Bank, Boston 


5,000 


6,000 


00 


5,000 00 


City Nat'l Bank, Boston . 


10,000 


12,325 


00 


10,000 00 


Columbian Nat'l Bank, Boston 


6,700 


9,547 


50 


6.700 00 


Commerce Nat'l Bank, Boston 


11,300 


14.577 


00 


11,300 00 


Continental Nat'l Bank, Boston 


2,700 


3.213 


00 


2,700 00 


Eagle Nat'l Bank, Boston 


15,000 


17,925 


00 


15,000 00 


Eliot Nat'l Bank, Boston 


16.700 


20,081 


75 


16,700 00 


Faneuil Hall' Nat'l Bank, Boston 


10.000 


13,100 


00 


10,000 00 


First Nat'l Bank, Boston 


2,800 


5,817 


00 


2,800 00 


Hamilton Nat'l Bank, Boston . 


2,100 


2,457 


00 


2,100 00 


Hide and Leather Nat'l B'k, Boston, 


7,200 


S,3S8 


00 


7,200 00 


Howard Nat'l Bank, Boston . 


20,000 


26,000 


00 


20.000 00 


Market Nat'l Bank, Boston 


5,600 


6,146 


00 


5,600 00 


Merchants' Nat'l Bank, Boston 


15,000 


22.005 


00 


15,000 00 


North America Nat'l Bank, Boston . 


10,000 


11,500 


00 


10,000 00 


Old Boston Nat'l Bank, Boston 


600 


744 


00 


000 00 


Revere Nat'l Bank, Boston 


22,500 


27,337 


50 


22,500 00 


Second Nat'l Bank, Boston 


4,500 


6,817 


50 


4,500 00 


Shawmut Nat'l Bank, Boston . 


10,000 


12,600 


00 


10,000 00 


Shoe and Leather Nat'l B'k, Boston, 


10,000 


11,250 


00 


10,000 00 


State Nat'l Bank, Boston 


13,800 


17,319 


00 


13,S00 00 


Third Nat'l Bank, Boston 


1,000 


1,070 


00 


1,000 00 


Traders' Nat'l Bank, Boston . 


5,700 


5,814 


00 


5,700 00 


Tremont Nat'l Bank, Boston . 


10,000 


12.200 


00 


10,000 00 


Webster Nat'l Bank, Boston . 


15,000 


16,725 


00 


15,000 00 


Concord Nat'l Bank, Concord . 


10,000 


12,000 


00 


10,000 00 


Old Lowell Nat'l Bank, Lowell 


900 


1,125 


00 


900 00 


Framingham Nat'l B'k, Framing'm, 


500 


755 


00 


500 00 


First Nat'l Bank, Marlborough 


2,000 


2,400 


00 


2,000 00 




$270,500 


$336,453 


25 


$270,500 00 



Railroad Bonds. 



Eastern Railroad 

Boston and Albany Railroad 



$42,000 
100,000 



$142,000 



$16,200 00 
128,000 00 



$40,000 00 
100,000 00 



.74.200 00 $140,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



211 



MILFORD SAVINGS BANK — MILFORD. 

Incorporated April 24, 1851. Number of corporators, 42. • 
O. Underwood, President. Treasurer, James E. Walker. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$708,014 57 


Public funds 


$127,810 00 


Earnings undivided . 


8,011 24 


Loans on public funds 


1,400 00 


Guaranty fund . 


9,004 02 


Bank stock . 


107,892 74 






Loans on bank stock . 


8,5.{0 00 






Railroad bonds . 


11,440 00 






Loan on railroad bonds 


0,000 00 






Real estate ... 


27,000 00 






Real estate by foreclosure 


1,780 22 






Loans on real estate . 


238,000 36 






Loans on personal security 


147,244 32 






Loans to counties, cities, oi 








towns .... 


25,000 00 






Deposit in banks on interes 


t, 10,791 05 






Loan on bank book 


50 00 






Cash in bank . « 


13,2<J0 54 




$780,229 83 


$780,229 83 



Loans on Public Funds, amount on each : — 
On $800 United States bonds . 
On $1,000 Town of Milford bonds . 



Loans on Bank Stock, amount on each: — 
On 20 shares First National Bank, Barre . 
On 126 shares Milford National Bank, Milford 



$400 00 
1,000 00 



$1,200 00 
7,330 00 



Loan on Railroad Bonds : — 
On $6,000 New York and New England Railroad 7s* 



$6,000 00 



Cash on Deposit in Banks, amount in each : — 
Maverick National Bank, Boston 
Manufacturers' National Bank, Boston 
Milford National Bank, Milford 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



"Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for I 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : second Saturday in 

April and October. 



$5,251 56 

5,540 09 

13,290 54 

$27,000 00 

27,000 00 

1,780 22 

1,675 00 

174 00 

397 49 

$40,009 39 
13,274 95 
14,080 26 



* This bank was notified that this loan was illegal, and it has since been paid. 



212 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Average annual per cent of dividends for the term ending at time 
of and including last extra dividend : 6^0 per cent. 

The total amount of loans, with each specified rate of interest: 
$33,630.56, 4 per cent; $31,484.79, 4£ per cent; $15,000, 4| per 
cent; $92,184.74, 5 per cent; $23,994.23, 5£ per cent; $5,000, 5£ 
per cent; $157,507.36, 6 per cent; $9,085, 6£ per cent; $63,338, 7 
percent; $300, 7^0 per cent; $1,600, 7£ per cent; $3,100, 8 per 
cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 209 

Aggregate amount of the same $216,754 56 

Number of open accounts 2,773 

Number and amount of deposits received for previous year, 2,351 398,330 03 

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

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 10,000 00 

Date of examination by commissioner: June 10. 



160 


83,642 68 


1,603 


245.528 89 


562 




341 




• 


1.893 01 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4s 

» 4Js 



ti 



City and town bonds : — 

City of Portland 6s, 1907 

Town of Beverly 6s, Note, 1886 

of Milford 6s, 1887 

of Milford 6s, 1897 

of Milford 5s, 1893 



$16,500 
42,000 



$2,000 
10,000 
10,000 
10,000 
36,000 



$126,500 



$19,160 62 


47,460 


00 


$2,300 


00 


10,800 


00 


11,000 


00 


12,400 


00 


39,240 


00 


$142,360 62 



$16,500 00 
43,310 00 



$2,000 00 
10,000 00 
10,000 00 
10,000 00 
36,000 00 

$127,810 00 



Bank Stock. 



Central Nat'l Bank, Boston 


$15,000 


$18,000 00 


$15,000 00 


Revere Nat'l Bank, Boston 


3,000 


3,660 00 


3,000 00 


Blackstone Nat'l Bank, Boston 


2,300 


2,645 00 


2,300 00 


Howard Nat'l Bank, Boston . 


4,200 


5,465 25 


4,496 00 


Webster Nat'l Bank, Boston . 


700 


780 50 


700 00 


Maverick Nat'l Bank, Boston . 


500 


1,250 00 


1,000 00 


Eliot Nat'l Bank, Boston 


4,800 


5,772 00 


5,682 99 


Hide and Leather Nat'l B'k, Boston, 


10,000 


11,650 00 


10,659 50 


Shawmut Nat'l Bank, Boston . 


10,000 


12,750 00 


12,057 50 


Freeman's Nat'l Bank, Boston 


4,000 


4,790 00 


5,360 00 


Union Nat'l Bank, Boston 


4,700 


7,214 50 


7.496 50 


Continental Nat'l Bank, Boston 


2,500 


2,962 50 


2,955 25 



1882.] 



PUBLIC DOCUMENT — No. 8. 



213 



Bank Stocj 


c — Concluded. 




- 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Redemption Nat'l Bank, Boston 


$11,000 


$14,850 00 


$15,655 00 


Shoe and Leather Nat'l B'k, Boston, 


200 


225 00 


274 50 


Boylston Nat'l Bank,, Boston . 


700 


896 00 


1,070 12 


North Nat'l Bank, Boston 


7,800 


11,076 00 


10,766 63 


Exchange Nat'l Bank, Boston . 


2,500 


3,600 00 


3,581 25 


Atlantic Nat'l Bank, Boston . 


1,000 


1,535 00 


1,530 00 


Eagle Nat'l Bank, Boston 


500 


598 75 


588 75 


Washington Nat'l Bank, Boston 


4,000 


5,600 00 


5,505 00 


Atlas Nat'l Bank, Boston 


5,000 


6,250 00 


6,500 00 


Hopkinton Nat'l Bank, Hopkinton . 


2,700 


3,240 00 


2,700 00 


Home Nat'l Bank, Brockton . 


10,000 


11,300 00 


10,000 00 


Milford Nat'l Bank, Milford . 


25,300 


32,890 00 


29,013 75 


Home Nat'l Bank, Milford 


7,000 


7,700 00 


7,000 00 


First Nat'l Bank, Barre . 


3,000 


3,000 00 


3,000 00 




$142,400 


$179,700 50 


$167,892 74 



Railroad Bonds. 



Boston and Albany Railroad 7s 
Boston and Albany Railroad 6s 



$3,000 
7,000 



$10,000 



$3,810 00 
8,260 00 



$12,070 00 



$3,600 00 
7,840 00 



$11,440 00 



214 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MILLBURY SAVINGS BANK — MILLBURY. 

Incorporated 1854. Number of corporators, 41. 

William R. Hill, President. Treasurer, David Atwood. 

Statement. 



Liabilities 




Assets. 


Deposits 


$539,210 09 


\ Public funds 


^69,500 00 


Earnings undivided . 


15,122 54 


Bank stock .... 


135,900 00 


Guaranty fund . 


6,000 00 


Railroad bonds 


20,000 CO 






Real estate .... 


18,000 00 






Real estate by foreclosure . 


598 58 






Loans on real estate . 


219,900 00 






Loans on personal security, 


300 00 






Loans to counties, cities, or 








towns 


62,500 00 






Deposit in bank on interest, 


12,706 38 






Expense account . 


785 59 


v 




Premium account 


16,751 75 






Safe and furniture 


2/265 58 






Suspense .... 


ioo oo 






Casb on hand 

■ 


1,024 75 




$560,332 63 


6560,332 63 



Cash on Deposit in Bank : — 
Millbury National Bank 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

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



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent . ( 

previous year ) 2 per cent . ( 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest: 

$15,000,-44, per cent; $35,000, 5 per cent; $167,050, 6 per cent; 

$65,650, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 123 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : May 6. 



$12,706 38 

$1S,000 00 

18,000 00 

598 58 

750 00 

1S3 77 

$31,158 79 

9.744 95 

10,128 76 



• • 


98,600 00 


1,354 




1,196 


98.905 32 


y 

. 84 


48,360 35 


. 733 


83,679 72 


. 258 




. 160 




• 


1.278 90 


• • 


20,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



215 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s of '81, extended . 
** " 5s, extended 

it a 4.1a 

A cy O • • • • 

City and town bonds: — 
City of Portland 7s . . . " . 
of Bath 6s ... . 
of Lawrence 6s . ... 
Town of Westborough 5s 
of Hopkinton 4s 


$5,500 
30,000 
10,000 

$6,000 
6,000 
3,000 
3,000 
6,000 


$5,548 00 
30,487 00 
11,300 00 

$6,900 00 
6,600 00 
3,450 00 
3,210 00 
6,180 00 


$5,500 00 
30,000 00 
10,000 00 

$6,000 00 
6,000 00 
3,000 00 
3,000 00 
6.000 00 




$69,500 


$73,675 00 


$69,500 00 



Bank 


Stock. 






Atlas Nat'l Bank, Boston 


$5,000 


$6,250 00 


$5,000 00 


Blackstone Nat'l Bank, Boston 


6,300 


7,245 00 


6,300 00 


Boston Nat'l Bank, Boston 


4,900 


6,272 00 


4,900 00 


Commerce Nat'l Bank, Boston 


5,700 


7,296 00 


5,700 00 


Commonwealth Nat'l B'k, Boston . 


10,000 


12,400 00 


10,000 00 


Continental Nat'l Bank, Boston 


2,000 


2,380 00 


2,000 00 


Eagle Nat'l Bank, Boston 


1,200 


1,428 00 


1,200 00 


Eliot Nat'l Bank, Boston 


10,000 


12,000 00 


10,000 00 


First Ward Nat'l Bank, Boston 


5,000 


6,000 00 


5,000 00 


Globe Nat'l Bank, Boston 


4,200 


4,662 00 


4,200 00 


Hamilton Nat'l Bank, Boston . 


2,500 


3,100 00 


2,500 00 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,900 00 


5,000 00 


Manufacturers' Nat'l Bank, Boston . 


2,500 


2,750 00 


2,500 00 


Merchandise Nat'l Bank, Boston 


2,500 


2,750 00 


2,500 00 


Merchants' Nat'l Bank, Boston 


2,300 


3,381 '00 


2,300 00 


North Nat'l Bank, Boston 


4,000 


5,680 00 


4,000 00 


North America Nat'l Bank, Boston, 


1,500 


1,725 00 


1,500 00 


Old Boston Nat'l Bank, Boston 


300 


366 00 


300 00 


Second Nat'l Bank, Boston 


3,500 


5,285 00 


3,500 00 


Shavvmut Nat'l Bank, Boston . 


2,500 


3,175 00 


2,500 00 


Shoe and Leather Nat'l B'k, Boston, 


7,400 


8,362 00 


7,400 00 


State Nat'l Bank, Boston 


5,000 


6,250 00 


5,000 00 


Suffolk Nat'l Bank, Boston 


2,000 


2,420 00 


2,000 00 


Third Nat'l Bank, Boston 


2,000 


2,120 00 


2,000 00 


Traders' Nat'l Bank, Boston . 


7,000 


7,140 00 


7,000 00 


Central Nat'l Bank, Worcester 


3,600 


4,680 00 


3,600 00 


Citizens' Nat'l Bank, Worcester 


500 


600 00 


500 00 


City Nat'l Bank, Worcester . 


2,700 


3,132 00 


2,700 00 


Quinsigamond Nat'l B'k, Worcester, 


2,500 


2,900 00 


2,500 00 


Worcester Nat'l Bank, Worcester . 


900 


1,125 00 


900 00 


Oxford Nat'l Bank, Oxford . 


600 


780 00 


600 00 


First Nat'l Bank, Grafton 


4,000 


5,000 00 


4,000 00 


Millbury Nat'l Bank, Millbury 


16,800 


21,840 00 


16,800 00 




$135,900 


$166,394 00 


$135,900 00 



Railroad Bonds. 



Providence and Worcester R.R. 6s . 



$20,000 



$24,000 00 



$20,000 00 



216 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MINERS' SAVINGS BANK — WEST STOCKBRIDGE. 

Incorporated Feb. 28, 1872. Number of corporators, 29. 

George W. Kniffin, President. Treasurer, "William C. Spaulding. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$53,018 48 
1,391 61 

500 00 


Public funds 

Bank stock .... 
j Loans on real estate . 
Loans on persoi^al security, 
Loans to counties, cities, or 

towns 

Cash on hand 


$23,368 71 

7,715 00 

20,800 00 

675 00 

1,100 00 
1,251 38 




$54,910 09 


$54,910 09 



Cash on Deposit in Bank : — 
Housatonic National Bank $1,251 38 

Whole amount of interest or profits received or earned . . . $2,494 09 
Rate and amount of each semi-annual dividend for ) 2 per cent . \ S12 89 

previous year ) 2 per cent . ( 924 75 

Times for the dividends fixed by the by-laws : first Wednesday in 

January and July. 
The total amount of loans, with each specified rate of interest: 

$22,575, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 33 

Aggregate amount of the same ' . . . 18,575 00 

Number of open accounts ' . . . 260 

Number and amount of deposits received for previous year . 310 14,843 40 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 3 1,540 00 

Number and amount of withdrawals 119 8,321 54 

Number of accounts opened the previous year .... 66 
Number of accounts closed the previous year .... 36 
Amount of expenses of the corporation during previous year . . 343 54 

Amount of treasurer's bond 5,000 00 

Date of examination by commissioner : Aug. 2. 

Purlic Funds. 



Tar Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4-|s 
" " 4s 



City and town bonds: 
City of Fall River Os 
Town of Lee 6s 



$3,000 
13,200 



$3,000 
2,000 



$21,200 



$3,360 00 
15,312 00 



$3,810 00 
2,000 00 



$24,482 00 



$3,288 75 
14,375 12 



$3,810 00 
1,894 84 



$23,368 71 



1882.] 



PUBLIC DOCUMENT — No. 8. 



217 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Housatonic Nat'l Bank, Stockbridge, 
Mahaiwe Nat'l B'k, Gt. Barrington, 
Pittsfield Nat'l Bank, Pittsfield 


$3,100 

500 

1,500 


$4,650 00 

725 00 

2,340 00 


$4,650 00 

725 00 

2,340 00 




$5,100 


$7,715 00 


$7,715 00 



28 



218 



BANK COMMISSIONERS' REPORT. [Jan. 



MONSON SAVINGS BANK — MONSON. 

Incorporated 1872. Number of corporators, 18. 

C. H. Merrick, President. Treasurer, E. F. Morris. 

Statement. 



Liabilities 




Assets. 

1 


Deposits 


$443,987 34 


Public funds 


675,710 00 


Earnings undivided . 


6,413 03 


Loans on public funds 


2,000 00 


Guaranty fund . 


5,410 00 


Bank stock 


43,355 25 






Loans on bank stock . 


14,300 00 






Railroad bonds . 


4,144 65 






Real estate by foreclosure . 


31,413 82 






Loans on real estate . 


215.005 00 






Loans on personal security, 


20,095 00 






Deposit in banks on interest, 


45,000 00 






Taxes paid .... 


475 00 






Cash on hand 


4,311 65 




§455,810 37 


6455,810 37 



Loans on Public Funds : — 
On $2,000 United States 4s 

Loans on Bank Stock, amount on each : — 
On C7 shares Monson National Bank 
On 10 shares Third National Bank, Springfield 
On 90 shares City National Bank, Springfield . 

Cash on Deposit in Banks, amount in each: — 
Pacific National Bank. Boston .... 
City National Bank, Springfield .... 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent . ( 

previous year > 2 per cent . I 

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; $112,550, 5 per cent; $2,400, 5£ per cent; 

$166,425, 6 per cent; $5,900, 7 per cent. 
Number of outstanding loans which are of an amount not 



$2,000 00 



$5,300 00 
1,000 00 
8,000 00 



$30,000 00 
15,000 00 

$31,413 82 

24,400 00 

1,703 62 

315 10 

$24,443 55 
8,12S 62 
S,355 SI 



exceeding $3,000 each 

Aggregate amount of the same . 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 



107 



• 


142,755 00 


• 


3,200 00 


,198 




858 


93,354 82 


65 


S5,S70 96 



_ 



1882.] 



PUBLIC DOCUMENT— No. 8. 



219 



Number and amount of withdrawals 531 $01,477 

Number of accounts opened the previous year .... 208 

Number of accounts closed the previous year .... 130 

Amount of expenses of the corporation during previous year . . 986 75 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner : July 6. 

Public Funds. 



. 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 

State, city, and town bonds: — 
Massachusetts 5s ... 
City of Worcester 5s 
Town of Westfield 6s . 


$50,000 

$2,000 
13,000 
10,000 


$58,000 00 

$2,350 00 
15,000 00 
10,700 00 


$50,000 00 

$2,210 00 

13,950 00 

9,550 00 




$75,000 


$86,050 00 


$75,710 00 



Bank Stock. 



North Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Commerce Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
City Nat'l Bank, Springfield 
Ware Nat'l Bank, Ware . 
Monson Nat'l Bank, Monson 



$2,000 
2,000 
2,000 
2,500 
1,500 
2,500 

500 
4,000 
1,000 
3,000 

500 
1,000 
1,000 
2,500 
1,100 

500 
2,000 

300 
5,200 



$35,100 



£2,880 00 
2,400 00 
2,300 00 
3,500 00 
1,740 00 
3,000 00 

025 00 
4,900 00 
1,220 00 
4,410 00 

625 00 
1,125 00 
1,175 00 
3,250 00 
1,342 00 

725 00 
2,600 00 

375 00 
7,280 00 



$45,472 00 



$2,465 00 
2,260 00 
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 



00 
50 
00 
00 
50 
00 
00 
25 
75 
00 
75 
50 
25 
25 
00 
50 
6,510 00 



382 



$43,355 25 



Railroad Bonds. 



Eastern Railroad 




$5,500 00 



$4,144 65 



220 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NANTUCKET INSTITUTION FOR SAVINGS — NANTUCKET. 

Incorporated 1834. Number of corporators, 37. 

Thomas G. Folger, President. Treasurer, Matthew Barney. 

Statement. 



Liabilities 




Assets. 


Deposits 


$365,058 80 


Loan on public funds . 


$200 00 


Earnings undivided . 


36,423 48 


Bank stock .... 


1,400 00 


Guaranty fund . 


3,797 09 


Loan on savings bank book, 


50 00 






Real estate .... 


3,575 00 






Real estate by foreclosure . 


56,706 52 






Loans on real estate . 


237,542 35 






Loans on personal security, 


26,035 64 






Loans to counties, cities, or 








towns 


1,000 00 






Deposit in banks on interest, 


71,177 04 






Expense account . 


646 71 






Cash on hand and in bank . 


6,946 11 




$405,279 37 


$405,279 37 



Loan on Public Fund : — 
On $500 United States 4£s 



Cash on Deposit in Banks, amount in each : — 
North National Bank, Boston 
Maverick National Bank, Boston 
National Bank of Redemption, Boston 
Revere National Bank, Boston . 
Pacific National Bank, Boston . 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of semi-annual dividend for previous year, in July 
2 per cent 

Time for the dividends fixed by the by-laws : first Monday in Jan- 
nary and July. 

The total amount of loans, with each specified rate of interest: 
$1,000, 4| per cent; $21,850, 6£ per cent; $163,952.35, 6 per cent; 
$56,102.50, 6£ per cent; $5,810, 7 per cent. 

Number of outstanding loans which are of an amount not 



exceeding $3,000 each 



82 



$200 00 

$21,919 11 

17,236 97 

16.009 86 

16,011 10 

4,046 07 

$3,575 00 

3.575 00 

56,706 52 

48,600 00 

3,379 67 

1,033 65 

$21,317 34 
7,518 99 



Aggregate amount of the same 94,534 35 

Amount of investments from which no income is received . . 16,113 14 

Number of open accounts 1,191 

Number and amount of deposits received for previous year, 1,644 66,545 71 



1882.] 



PUBLIC DOCUMENT — No. 8. 



221 



Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 61 $31,909 32 

Number and amount of withdrawals .... 1,112 137,885 09 

Number of accounts opened the previous year . . . . 130 

Number of accounts closed the previous year .... 431 

Amount of expenses of the corporation during previous year . . 1,770 01 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner: Aug. 25. 

Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Commerce Nat'l B'k, New Bedford, 




,722 00 



,400 00 



222 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NATICK FIVE CENTS SAYINGS BANK — NATICK. 

Incorporated April 5, 1859. Number of corporators, 52. 

John O. Wilson, President. Treasurer, James Whitney. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$658,095 80 


Public funds 


£59,550 97 


Earnings undivided . 


18,936 20 


Loans on public funds 


5,025 00 


Guaranty fund . 


6,089 93 


Bank stock .... 


100,436 87 






Loans on bank stock . 


15,410 00 






Real estate by foreclosure . 


5,300 00 






Loans on real estate . 


327,987 69 






Loans on personal security, 


56,175 00 






Loans to counties, cities, or 








towns 


11,000 00 






Deposit in banks on interest, 


90,000 00 






Furniture and fixtures 


58:? 99 






Casb on hand and in bank, 


11,652 41 




$683,121 93 


$683,121 93 



Loans on Public Funds: — 
On $5,050 United States 4s $5,025 00 

Loans on Bank Stock, amount on eacb : — 

On 30 shares Wachusett National Bank $3,000 00 

On 20 shares Dedham National Bank and 5 shares Eliot National 

Bank 2,410 00 

On 38 shares Natick National Bank and 6 shares Rollstone Na- 
tional Bank, G shares Second National Bank, and 50 shares Com- 
monwealth National Bank 10.000 00 

Cash on Deposit in Banks, amount in each: — 

Natick National Bank, Natick $54,348 88 

Wachusett National Bank, Fitchburg 5,000 00 

Exchange National Bank, Boston 25,000 00 

Central National Bank, Boston 15,000 00 

Amount of real estate held by foreclosure $5,300 00 

Assessed value of the same 3,825 00 

Amount of income received from the same 253 20 

Amount of municipal tax on real estate ...... 50 49 

Whole amount of interest or profits received or earned . . . $38,760 24 
Bate and amount of each semi-annual dividend for i 2i per cent . i 13,447 50 

previous year ) 24 per cent .( 15,036 24 

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 per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 3£ per cent; $31,410, 4 per cent; $95,000, 5 per cent; 

$130,230, 6 per cent; $223,197, G£ per cent; $17,940, 7^j per cent; 

$2,820.69, 7£ per cent. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



223 



Number of outstanding loans which are of an amount not 

exceeding $3,000 each 252 

Aggregate amount of the same 

Number of open accounts 2,958 

Number and amount of deposits received for previous year, 3,208 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 170 

Number and amount of withdrawals .... 1,708 

Number of accounts opened the previous year .... 669 
Number of accounts closed the previous year .... 345 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: July 27. 



$238,052 69 

213,270 19 

97,279 34 
123,749 44 



1,395 10 
30,000 00 



Public Funds. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


United. States 4s ... 
u " 31s • 

UqO * • • • 

City and town bonds: — 
City of Boston 4s . 

of Fall River 5s, water bonds . 
of Cambridge 6s, sewer loan . 
Town of Natick 7s, water bonds 

of Brookline 7s, water bonds . 


$10,000 
3,000 

$10,000 

16,000 

4,000 

1,000 

10,000 


$11,662 50 
3,037 50 

$10,350 00 

16,960 00 

4,800 00 

1,092 50 

13,800 00 


$10,000 00 
3,026 25 

$10,132 22 

16,720 00 

4,780 00 

1,092 50 

13,800 00 




$54,000 


$61,702 50 


.$59,550 97 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
Central Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Dedharn Nat'l Bank, Dedham . 
Eliot Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
First Nat'l Bank, Chelsea 
Home Nat'l Bank, Brockton . 
Howard Nat'l Bank, Boston . 
Metropolitan Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Monument Nat'l Bank, Boston 
Natick iNat'l Bank, Natick 
Newton Nat'l Bank, Newton . 



$2,600 
11,500 

700 
2,700 

500 
1,300 
2,100 
4,600 
3,300 
1,400 
7,000 
1,500 
3,200 
5,500 
6,200 

400 
3,200 
4,600 
1,500 
2,000 
2,000 



$3,250 00 
14,720 

896 
3,246 

593 
1,852 
2,530 
5,790 
3,900 
1,683 
8,120 
2,160 
4,000 
6,325 
8,168 75 

491 00 
3,512 
6,704 
3,138 
2,400 
2,300 



00 
00 
75 
12 
50 
50 
48 
00 
50 
00 
00 
00 
00 



00 
50 

75 
00 
00 



$3,180 00 
13,886 25 

845 25 
2,693 00 

581 25 
1,855 75 
2,654 75 
5,684 50 
3,926 50 
1,715 00 
8,210 00 
2,160 00 
3,976 00 
5,575 00 
7,779 37 

400 00 
3,501 25 
6,393 75 
2,775 00 
2,000 00 
2,230 00 



224 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



North Nat'l Bank, Boston 
North America Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Second Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Wachusett Nat'l Bank, Fitchburg 



$400 
4,100 
1,400 
3,000 
1,000 
700 
500 
3,700 



$82,600 



$569 00 


4,704 75 


1,891 


68 


3,742 


50 


1,512 


50 


878 


50 


510 


00 


7,696 


00 

1 


$107,287 78 



$516 
4,716 
2,135 
3,825 
1,560 
771 
530 
4,360 



00 
50 
00 
00 
00 
75 
00 
00 



100,436 87 



- 



1882.] 



PUBLIC DOCUMENT — No. 8. 



225 



THE NEW BEDFORD FIVE CENTS SAVINGS BANK — NEW BEDFORD. 

Incorporated May 5, 1855. Number of corporators, 133. 
George How land, Jan., President. Treasurer, B. Ricketson, Jun. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$2,947,163 23 


Public funds 


$1,337,000 00 


Earnings undivided . 


53,912 08 


Loans on public funds 


209,500 00 


Guaranty fund . 


37,318 54 


Bank stock .... 


177,900 00 






Loans on bank stock . 


229 11 






Railroad bonds 


161,000 00 






Loans on bank books . 


450 00 






Loans on real estate . 


294,520 64 






Loans on personal security, 


790,511 40 






Loans to counties, cities, or 








towns 


4,000 00 






Deposit in banks on interest, 


13,167 82 






Fixture account . 


2,500 0J 






Loan to Citizens' National 








Bank 


40.000 00 






Cash on band 


7,614 88 




$3,038,393 85 


$3,038,393 85 



Loans on Public Funds : — 
On $210,000 United States 4s 



Loans on Bank Stock : — 
On 7 shares Mechanics' National Bank, New Bedford 

Cash on Deposit in Banks, amount in each : — 
Merchants' National Bank . 
Citizens' National Bank 
National Bank of Commerce 
Mechanics' National Bank . 
First National Bank . 
National Bank of Redemption, Boston 



$209,500 00 

$229 11 

$1,507 18 
1,062 67 
981 52 
3,663 79 
1,377 83 
4,574 83 



$150,592 48 
; 49,808 86 
! 54,359 39 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend fqr \ 2 per cent 

previous year ) 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^ per cent. 
The total amount of loans, with each specified rate of interest: 

$35,000, 3£ per cent; $50,000, 3| per cent; $279,000, 4 per cent; 

$75,000, 4i per cent; $135,000, 4i per cent; $346,715, 5 per cent; 

$11,600, 5£ per cent; $366,896.15, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 255 

Aggregate amount of the same . 207,695 70 

Number of open accounts 11,679 

Number and amount of deposits received for previous year, 7,997 735,952 64 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 731 484,036 20 

29 



226 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals .... 
Number of accounts opened the previous year . 
Number of accounts closed the previous year .... 893 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 18. 

Public Funds. 



4,695 $398,955 49 
1,725 



7,676 91 



15,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Funded loan, 4^s, 1881 . 


$83,500 


$94,355 00 


$83,500 00 


United States 4s, 1891 . 


104,500 


121,350 00 


104,500 00 


Funded loan, 5s, extended 3^, 1881, 


124,000 


126,480 00 


124,000 00 


United States 6s, old, ext. 3£s, 1881, 


1,000 


1,010 00 


1,000 00 


Currency 6s due 1895 . 


175,000 


227,500 00 


175,000 00 


City and town bonds: — 








Citv of Norwich .... 


$13,000 


$13,910 00 


$13,000 00 


of Portland, Me. 




99,000 


103,950 00 


99,000 00 


of New Bedford 5s . 




23,000 


23,000 00 


23,000 00 


of New Bedford, water . 




95,000 


111,150 00 


95,000 00 


of Cambridge . 




30,000 


32,100 00 


30,000 00 


of Newport 




10.000 


10.400 00 


10,000 00 


of Chelsea 




95,000 


108,300 00 


95,000 00 


of Bangor 




66,000 


72,600 00 


66,000 00 


of New Haven 




47,000 


49,350 00 


47,000 00 


of Charlestown 




25,000 


25,750 00 


25,000 00 


of Lowell 




25,000 


27,250 00 


25,000 00 


of Hartford, Conn. . 




2,000 


2,180 00 


2,000 00 


of Salem . 




25,000 


27,250 00 


25,000 00 


of Fall River . 




73,000 


74,460 00 


73,000 00 


of Boston . 




10,000 


10,100 00 


10,000 00 


Town of Northampton . 




111,000 


116,550 00 


111,000 00 


of North Bridgewater 




40,000 


40,100 00 


40,000 00 


of New Haven 




10,000 


10,500 00 


10,000 00 


of Holyoke . 




50,000 


55,500 00 


50,000 00 






$1,337,000 


$1,4S5,395 00 


$1,337,000 00 



Bank 


Stock. 








Third Nat'l Bank, Springfield 


$10,000 


$16,000 00 


$10,000 00 


Franklin Nat'l Bank, Franklin 


6,000 


6,000 


00 


6,000 00 


Merchants' Nat'l Bank, New Bedford, 


49,400 


80,028 


00 


49,400 00 


First Nat'l Bank, New Bedford 


19,100 


25,671 


00 


19,100 00 


Citizens' Nat'l Bank, New Bedford. 


20,000 


23,450 


00 


20,000 00 


Commerce Nat'l Bank, New Bedford, 


24.400 


34,099 


00 


24,400 00 


First Nat'l Bank, Boston 


10,000 


19,900 


00 


10.000 00 


Monument Nat'l Bank, Boston 


10,000 


17,325 


00 


10,000 00 


Revere Nat'l Bank, Boston 


12,000 


14.520 


00 


12,000 00 


State Nat'l Bank, Boston 


2.000 


2,415 


00 


2.000 00 


Tremont Nat'l Bank, Boston . 


2,500 


3,012 


00 


2,500 00 


Merchandise Nat'l Bank, Boston 


2,500 


2,687 


00 


2.500 00 


Merchants' Nat'l Bank, Boston 


10,000 


14,000 


00 


10.000 00 




$177,900 


$259,107 


00 


$177,900 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



227 



Railroad Bonds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Albany 6s 

Eastern Railroad .... 

Old Colony 6s . 

Old Colony 7s 

Boston and Maine Railroad 
Mansfield and Framingham R.R. . 


$10,000 
52,500 
30,000 
20,000 
15,000 
33,500 


$11,400 00 
52,434 00 
33,900 00 
23,950 00 
18,637 00 
25,627 00 


$10,000 00 
52,500 00 
30,000 00 
20,000 00 
15,000 00 
33,500 00 




$161,000 


$105,948 00 


$161,000 01 



228 



BANK COMMISSIONERS' REPORT. [Jan. 



NEW BEDFORD INSTITUTION FOR SAVINGS — NEW BEDFORD. 

Incorporated 1825. Number of corporators, 119. 

William Watkins, President. Treasurer, Charles H. Peirce. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$9,315,018 11 i 


Public funds 


$2,848,862 50 


Earnings undivided . 


95,668 38 


Loans on public funds 


100,500 00 


Guaranty fund . 


163,000 00 


Bank stock .... 


1.410,360 00 






Loans on bank stock . 


25.550 00 






Railroad bonds . 


760,000 00 






Real estate .... 


30.000 00 






Loans on real estate . 


715,260 00 






Loans on personal security, 


3,186,055 36 






Loans to counties, cities, or 








towns 


42,300 00 






Deposit in banks on interest, 


443.649 08 






Expense account . 


643 95 






Loans on deposits 


950 00 






Cash on hand 


9,555 60 




$9,573,686 49 


$9,573,686 49 



Loans on Public Funds, amount on each : — 

On $100,000 United States 4s 

On 500 United States 3$s 

Loans on Bank Stock, amount on each : — 
On 20 shares Merchants' National Bank, New Bedford . 
On 40 shares Mechanics' National Bank, New Bedford . 
On 35 shares National Bank of Commerce, New Bedford 
On 9 shares First National Bank, 15 shares Mechanics' National 

Bank, and 22 shares National Bank of Commerce 

On 15 shares Falmouth National Bank 

On 63 shares Third National Bank. Snringfield .... 
On 100 shares Franklin County National Bank .... 

Cash on Deposit in Banks, amount in each : — 
Merchants' National Bank, New Bedford . 
First National Bank, New Bedford . 
National Bank of Commerce, New Bedford 
Mechanics' National Bank, New Bedford . 
Citizens' National Bank, New Bedford 
Massachusetts National Bank, Boston . . 
National Bank of Republic, Boston . 
National Bank of Redemption, Boston 
Exchange National Bank, Boston 
Maverick National Bank, Boston 
Chapin National Bank, Springfield . 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 
Rate and amount of each semi-annual dividend for I 2 per cent 

) -2 

m • • • a • ' ±d 



previous year 



2 per cent 



$100,000 00 
500 00 

$1,650 00 
2.600 00 
2,000 00 

2.000 00 

1.000 00 

6,300 00 

10,000 00 



$52,664 00 

1.035 46 

50.758 29 

41,092 30 

1,517 82 

3,854 24 

25,848 97 

30,462 21 

40.000 00 

40.415 79 

150.000 00 

$30,000 00 

30.000 00 

315 90 



$519,834 76 
j 176.832 SO 
I 180.312 19 



- I 



1882.] 



PUBLIC DOCUMENT — No. 8. 



229 



$149,152 12 



Times for the dividends fixed by the by-laws: April and October. 
The total amount of loans, with each specified rate of interest: 

$20,000, 3 per cent; $50,000, 3* per cent; $1,951,200, 4 per cent; 

$467,000, 4£ per cent; $50,000, 4| per cent; $954,175.70, 5 per 

cent; $58,000, 5| per cent; $392,839.66, 6 per cent; $127,400, 7 

per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 162 

Aggregate amount of the same 

Number of open accounts . . . . . . . 18,504 

Number and amount of deposits received for previous year, 9,367 1,337,343 28 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 1,107 686,325 78 

Number and amount of withdrawals .... 10,758 1,347,755 89 

Number of accounts opened the previous year . . . 2,292 
Number of accounts closed the previous year . . . 1,762 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 17. 

Public Funds. 



16,571 54 
20,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4£s .... 


$700,000 


$791,000 00 


$721,000 00 


" " 4s 


805,500 


934,000 00 


820,812 50 


State, city, and town bonds: — 








City of New Bedford 6s . 


$336,000 


$389,000 00 


$336,000 00 


of New Bedford 5s . 


1,000 


1,000 00 


1,000 00 


of New Bedford 7s . 


50,000 


56,000 00 


50,000 00 


of Charlestown 5s . 


100,0C0 


110,000 00 


100,000 00 


of Springfield 6s 


5,000 


5,500 00 


5,000 00 


of Manchester, N.H., 6s . 


20,000 


21,200 00 


20,000 00 


of Middletown, Conn., 6s 


70,500 


77,500 00 


70,500 00 


of Northampton 6s . 


13,000 


14,000 00 


13,000 00 


of Norwalk, Conn., 7s 


10,000 


12,000 00 


10,000 00 


of Bangor, Me., 6s . 


100,000 


110,000 00 


100,000 00 


of Meriden, Conn., 7s 


50,000 


57,500 00 


50,000 00 


of Hartford, Conn., 6s 


20,000 


21,800 00 


20,000 00 


of Salem 6s ... . 


50,000 


54,000 00 


• 50,000 00 


of Burlington, Vt., 6s 


29,050 


31,000 00 


29,050 00 


of Chelsea 6s . 


85,000 


96,900 00 


85,000 00 


of Augusta, Me., 6s 


4,500 


4,700 00 


4,500 00 


of Dover, N.H., 6s . 


17,000 


17,800 00 


17,000 00 


of Bath, Me., 6s (municipal) . 


39,000 


41,700 00 


39,000 00 


of Newport, R.I., 6s 


3,000 


3,000 00 


3,000 00 


of Concord, N.H., 6s 


5,000 


5,100 00 


5,000 00 


Town of Greenfield 6s 


5,000 


5,600 00 


5,000 00 


of Buckland 6s 




5,000 


5,500 00 


5,000 00 


of Shelburne 6s 




6,000 


6,600 00 


6,000 00 


of Adams 6s . 




3,000 


3,200 00 


3,000 00 


of Maiden 5s . 




17,000 


17,800 00 


17,000 00 


of Maiden 6s . 




50,000 


55,000 00 


50,000 00 


of Medford 6s 




50,000 


55,000 00 


50,000 00 











230 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Town of Melrose .... 

of Harwich 7s 

of Edgartown 6s . 

of Attleborough water 7s 
County of Sagadahoc, Me., 6s 


$50,000 

4,000 

40,000 

50,000 

19,000 


$55,000 00 

4,000 00 

42,800 00 

60,000 00 

20,000 00 


$50,000 00 

4,000 00 

40.000 00 

50,000 00 

19,000 00 




$2,812,550 


$3,185,200 00 


$2,848,862 50 



Bank Stock. 



Merchants' Nat'l B'k, New Bedford, 
First Nat'l Bank, New Bedford 
Commerce Nat'l Bank, New Bedford, 
Mechanics' Nat'l B'k, New Bedford, 
Citizens' Nat'l Bank, New Bedford, 
First Nat'l Bank, Chelsea 
So. Beading Nat'l Bank, Wakefield, 
Fall River Nat'l Bank, Fall River 
Metacomet Nat'l Bank, Fall River 
First Nat'l Bank, Maiden 
Fairhaven Nat'l Bank, Fairhaven 
Railroad Nat'l Bank, Lowell . 
Third Nat'l Bank, Springfield 
Wachusett Nat'l Bank, Fitchburg 
Hide and Leather Nat'l B'k, Boston 
Boston Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Exchange Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
Republic Nat'l Bank, Boston . 
First Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
North Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Hamilton Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
Atlas" Nat'l Bank, Boston 
Union Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Columbian Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 



$109,600 


$175,360 00 


135,600 


183,060 00 


136,600 


187,140 00 ! 


100,000 


150,000 00 


100,000 


115,000 00 


20,000 


24,000 00 


7,000 


8,150 00 


20,000 


27,000 00 


25,000 


31,250 00 


15,000 


17,550 00 | 


1,760 


1,650 00 


9,000 


10,800 00 


20,000 


32,000 00 


5,000 


9,500 00 


19,700 


22,860 00 


14,300 


18,300 00 


13,300 


17,290 00 


2,000 


2,880 00 


45,600 


57,000 00 


52,600 


78,900 00 


38,000 


43,700 00 


10,000 


23,000 00 


48,500 


63,000 00 


23,000 


47,600 00 


22,500 


32,800 00 


8,300 


9,960 00 


22,100 


31,380 00 


2,700 


3.3S0 00 


34,300 


41,800 00 


8,300 


9,300 00 


13,500 


17,100 00 


25,000 


29,500 00 


16,S00 


19,900 00 


43,500 


53,900 00 


36,000 


15,000 00 


12,400 


18,900 00 


8,200 


10,250 00 


13,000 


13,250 00 


26,000 


36,900 00 


49,100 


59,900 00 


13,000 


18,200 00 | 



$109,600 00 
135,600 00 
136,600 00 
100,000 00 
100,000 00 
20,000 00 

7,000 00 
20,000 00 
25,000 00 
15,000 00 

1,760 00 

9,000 00 
20,000 00 

5,000 00 
19,700 00 
14,300 00 
13,300 00 

2,000 00 
45,600 00 
58,500 00 
38,000 00 
10,000 00 
48,500 00 
34,500 00 
22,500 00 

8,300 00 
22,100 00 

2,700 00 
34,300 00 

8,300 00 
13,500 00 
25,000 00 
16,S00 00 
43,5()0 00 
36,000 00 
12,400 00 

8,200 00 
13.000 00 
26,000 00 
49,100 00 
13,000 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



231 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Shoe and Leather Nat'l B'k, Boston, 
New England Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Everett Nat'l Bank, Boston . 
Merchandise Nat'l Bank, Boston 
Monument Nat'l B'k, Chaiiestown 



$13,600 

3,200 

10,000 

20,000 

2,500 

2,400 

10,000 



$1,387,960 



$15,230 00 

4,640 00 

12,000 00 

27,000 00 

2,900 00 

2,640 00 

20,000 00 



$1,882,810 00 



$13,600 00 

3,200 00 

10,000 00 

25,000 u0 

2,500 00 

2,400 00 

10,000 00 



$1,410,360 00 



Railroad Bonds. 



Boston and Albany 7s 
Boston and Albany 6s 
New Bedford 7s 
Worcester and Nashua 5s 
Boston and Providence 5s 



$450,000 

50,000 

75,000 

125,000 

60,000 



$760,000 



$560,000 00 

57,500 00 

90,000 00 

125,000 00 

61,000 00 



$893,500 00 



$450,000 00 

50,000 00 

75,000 00 

125,000 00 

60,000 00 



$760,000 00 



232 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NEWBURYPORT FIVE CENTS SAYINGS BANK — NEWBURYPORT. 
Incorporated April 24, 1851. Number of corporators, 15. 
Eben Sumner, President. Treasurer, John A. Maynard. 

Statement. 



Liabilities. 



Assets. 



Deposits 


$612,566 24 


Public funds 


£15,000 00 


Earnings undivided . 


92,899 92 


Bank stock .... 


111,600 00 


Guaranty fund . 


6,701 78 


Loans on bank stock . 


2,000 00 






Railroad bonds . 


5,000 00 






Real estate .... 


13,912 16 






Real estate by foreclosure . 


167,719 69 






Loans on real estate . 


290,161 00 






Loans on personal security, 


29,829 00 






Deposit in banks on interest, 


41,866 80 






Expense account . 


ioo no 

loo 66 






Cash on band 


4,882 66 




£712,167 91 


$712,167 94 



Loans on Bank Stock: — 
On 20 shares Ocean National Bank and 14 shares Mechanics' Na- 
tional Bank, Newburyport . . 

Cash on Deposit in Banks, amount in each: — 
First National Bank. Newburyport .... 
Maverick National Bank, Boston .... 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 



$2,000 00 



$31,935 95 

9,930 85 

$43,942 46 

10,000 00 

167,719 09 

163.320 00 

2,313 29 

3.396 33 

39,571 53 



Rate and amount of semi-annual dividend for previous year, 2 per 

cent in November $13,2S2 86 

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; $2,000, 44. per cent; $28,000, 5 per cent; 

$16,700, 5£ percent; $199,218, 6 percent; $13,450, 6£ per cent; 

$47,775, 7 per cent; $2,050, 7t% per cent; $2,600. 7i per cent; 

$2,200, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 179 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 3,102 

Number and amount of deposits received for previous year . 418 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 54 29.303 14 



173.093 00 
109,817 9^ 



59,009 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



233 



Number and amount of withdrawals .... 1,890 $293,547 95 
Number of accounts opened the previous year .... 150 
Number of accounts closed the previous year . . . 1,154 . 
Amount of expenses of the corporation during previous year . 1,768 12 

Amount of treasurer's bond 20,000 00 

Date of examination by commissioner: June 6. 

Public Funds. 





Par Value. 


Estimated • 
Market Value. 


Amount Invested. 


United States 6s, currency 

City bonds : — 
City of Bangor, Me., 6s . 
of Springfield 6s 


$30,000 

$10,000 
5,000 


$39,900 00 

$11,200 00 
5,300 00 


$30,000 00 

$10,000 00 
5,000 00 




$45,000 


$56,400 00 


$45,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Exchange Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Hamilton Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Market Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
North America Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Suffolk Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Third Nat'l Bank, Boston 
Union Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
First Nat'l Bank, Newburyport 
Ocean Nat'l Bank, Newburyport 
Mechanics' Nat'l Bank, Newburyp't, 



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

10,400 
2,400 
5,600 

10,500 
1,000 
9,100 



.11,600 



$1,535 

7,500 

1,024 

2,176 

3,795 

1,852 

2,317 

4,982 

6,025 

10,160 00 

720 00 

3,968 25 

8,880 00 

5,856 00 

1,951 

1,130 

2,912 
878 



00 
00 
00 
00 
00 
50 
50 
25 
00 



87 
00 
50 
00 



10,000 00 



1,150 

1,455 

3,013 

4,514 

1,275 

1,462 

4,026 
11,076 00 

3,684 00 

6,244 00 
16,380 00 

1,400 00 
12,922 00 



00 
00 
00 
00 
00 
50 
00 



$146,265 37 



$1,000 00 

6,000 00 
800 00 

1,700 

3,300 

1,300 

1,800 

4,200 

5,000 

8,000 00 
500 00 

3,300 

7,400 

5,000 

1,500 

1,000 

2,500 
800 

4,000 

1,000 

1,000 

2,300 

3,700 

1,000 

1,200 

3,300 
10,400 00 

2,400 00 

5,600 00 
10,500 00 

1,000 00 

9,100 00 



Railroad Bonds. 



Old Colony and Newport 7s 




00 
00 
00 
00 
00 
00 



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



I 



$111,600 00 



$6,350 00 



$5,000 00 



30 



234 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NEWTON SAVINGS BANK — NEWTON. 

Incorporated June 17, 1831. Number of corporators, 16. 

George Hyde, President. Treasurer, Susanna M. Duncklee. 

Statement. 



Liabilities 




Assets. 




Deposits 


$942,328 97 


Public funds 


$112,354 70 


Earnings undivided . 


14,096 10 


Loans on public funds 


6,500 00 


Guaranty fund . 


10,241 00 


Bank stock .... 


39,725 00 






Loans on bank stock . 


3,600 00 






Railroad bonds . 


53,838 98 






Real estate by foreclosure . 


43,442 37 






Loans on real estate . 


490,739 94 






Loans on personal security, 


143,100 00 






Deposit in banks on interest, 


71,200 00 






Expense account . 


909 07 






Cash on band 


1,256 01 




$966,666 07 


$966,666 07 



Loans on Public Funds: — 
On $34,000 United States 6s, extended 

Loans on Bank Stock, amount on each: — 
On 25 shares Newton National Bank, Newton . 
On 65 shares Old Boston National Bank. Boston 

Cash on Deposit in Banks, amount in each : — 

Wachusett National Bank 

Pacific National Bank, Boston .... 
Central National Bank, Boston .... 



$6,500 00 

$2,000 00 
1,600 00 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate .... 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year . . '2 per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 

$38,500, 5 per cent; $6,000, 5£ per cent; $467,305.50, 6 per cent 

$25,300, 6£ per cent; $102,634.44, 7 per cent; $1,500, 7i per cent; 

$2,700, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 130 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 3,867 

Number and amount of deposits received for previous year, 3,583 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 160 



$35,200 00 
22,000 00 
14,000 00 

$43,442 37 

42,500 00 

2,077 35 

595 00 

$57,429 9S 
15,822 09 
16,784 70 



195,759 94 
3,0S0 00 

239,47S 97 

107,627 15 



1882.] 



PUBLIC DOCUMENT — No. 8. 



235 



Number and amount of withdrawals .... 1,806 $100,005 49 

Number of accounts opened the previous year . . . 038 

Number of accounts closed the previous year .... 225 

Amount of expenses of the corporation during previous year . 3, Ml 18 

Amount of treasurer's bond . . . . . . . . 20,000 00 

Date of examination by commissioner: July 12. 

Public Funds. 



Par Value. 



Eslimated 
Market Value. 



Amount Invested. 



City bonds: — 
City of Boston 4s 

of Lawrence 6s, water loan 
of Lowell 6s, water loan . 
of Newton 5s, water loan . 
of Worcester 5s, municipal 



20,000 
12,000 
6,000 
50,000 
20,000 



$108 000 



$21,000 00 

14,040 00 

7,020 00 

56,500 00 

21,400 00 



$119,960 00 



$20,000 00 

13,279 23 

6,545 46 

51,358 88 

21,171 13 



$112,354 70 



Bank Stock. 



Brighton Nat'l Bank, Boston . 


$700 


$749 00 


$700 00 


Commonwealth Nat'l Bank, Boston, 


3,000 


3,615 00 


3,000 00 


First Nat'l Bank, Cambridge . 


1,000 


1,620 00 


1,000 00 


Merchandise Nat'l Bank, Boston 


2,400 


2,640 00 


2,400 00 


Natick Nat'l Bank, Natick 


2,500 


3,000 00 


2,500 00 


Newton Nat'l Bank, Newton . 


1,500 


1,725 00 


1,500 00 


Pacific Nat'l Bank, Boston 


10,000 


10,500 00 


10,000 00 


S. Framingham Nat'l B'k, S. Fram. 


5,000 


5,075 00 


5,000 00 


Union Market Nat'l B'k, Watertown, 


7,300 


8,030 00 


7,300 00 


Wachusett Nat'l Bank, Fitchburg . 


2,500 


5,125 00 


2,500 00 


Waltham Nat'l Bank, Waltham 


225 


240 00 


225 00 


State Nat'l Bank, Boston 


600 


753 00 


600 00 


Revere Nat'l Bank, Boston 


3,000 


3,660 00 


3,000 00 




$39,725 


$46,732 00 


$39,725 00 



Railroad Bonds. 



Boston and Albany 7s 
Mansfield and Framingham 7s 



$40,000 
10,000 



$50,000 



$50,800 00 
10,800 00 



$61,600 00 



$43,838 98 
10,000 00 



$53,838 98 



236 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTHAMPTON INSTITUTION FOR SAVINGS — NORTHAMPTON. 
Incorporated 1842. Number of corporators, 18. 

H. G. Kjnight, President. Treasurer, L. Maltby. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 

Guaranty fund . 



$1,865,867 44 
25,613 25 
31,000 00 



$1,922,480 69 



Public funds 

Bank stock . 

Loans on bank stock . 

Railroad bonds . 

Real estate . 

Real estate by foreclosure 

Loans on reai estate . 

Loans on personal security, 

Loans to counties, cities, or 

towns 

Deposit in banks on interest, 
Cash on hand 



$464,890 63 
45,800 00 
13,538 70 
361,875 00 
27.582 40 
15,471 75 
574,794 81 
81,135 00 

7,300 00 

325,395 11 

4,697 29 



$1,922,480 69 



Loans on Bank Stock, amount on each : — 
On 3 shares Hampshire County National Bank 
On 99 shares First National Bank, Northampton 
On 66 shares Northampton National Bank, Northampton 



$300 00 
8,225 00 
5,013 70 



Cash on Deposit in Banks, amount in each: — 
Northampton National Bank, Northampton 
City National Bank, Springfield .... 

Hampshire County National Bank .... 

Amount invested in real estate (for banking 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 . 



8265.395 11 
50,000 00 
10.000 00 

$27,582 40 

25.000 00 

15,471 75 

14.250 00 

761 50 

386 38 



$103,098 
( 34,775 44 
I 35,590 41 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ( 2 per cent 

previous year J 2 per cent 

Times for the dividends fixed by the by-laws : first Wednesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$500, 4 per cent; $87,200, 5 per cent; $589,068.51, 6 per cent, 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 327 

Aggregate amount of the same 289,538 96 

Number of open accounts 5,178 

Number and amount of deposits received for previous year, 3.625 313,723 71 



1882.] 



PUBLIC DOCUMENT — No. 8. 



237 



Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . 280 $164,071 89 

Number and amount of withdrawals .... 2,705 293,500 79 

Number of accounts opened the previous year . . . 1,185 ■ 
Number of accounts closed the previous year .... 945 
Amount of expenses of the corporation during previous year . 4,634 78 

Amount of treasurer's bond . . i 25,000 00 

Date of examination by commissioner : July 12. 

I 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City bonds: — 
City of Meriden, Conn. . 


$361,000 
$76,000 


$394,600 00 
$81,600 00 


$388,890 63 
$76,000 00 




$437,000 


$476,200 00 


464,890 63 



Bank Stock. 



Northampton Nat'lB'k, Northam'n, 
First Nat'l Bank, Northampton 
City Nat'l Bank, Worcester . 
Atlantic Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 



$10,000 
1,600 
4,000 
1,000 
5,300 
1,500 
1,000 
3,000 
2,000 
2,700 
3,400 
2,600 
1,700 
2,000 
2,000 
2,000 



$45,800 



$16,500 00 


2,080 00 


4,500 00 


1,530 00 


6,784 00 


1,920 00 


1,440 00 


6,210 00 


2,920 00 


3,105 00 


5,134 00 


3,300 00 


2,125 00 


2,040 00 


2,800 00 


2,220 00 


$64,608 00 



$10,000 00 
1,600 00 
4,000 00 
1,000 00 
5,300 00 
1,500 00 
1,000 00 
3,000 00 
2,000 00 
2,700 00 
3,400 00 
2,600 00 
1,700 00 
2,000 00 
2,000 00 
2,000 00 

$45,800 00 



Railroad Bonds. 



Boston and Albany 6s 
Boston and Albany 7s 
Boston and Maine 7s 
Boston and Lowell 7s 



$40,000 

200,000 

70,000 

40,000 



$350,000 



$47,200 00 

254,000 00 

88,900 00 

49,800 00 



$439,900 00 



$41,000 00 

207,250 00 

71,275 00 

00 



42,350 



$361,875 00 



238 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH ADAMS SAVINGS BANK — NORTH ADAMS. 

Incorporated 1848. Number of corporators, 42. 
C. T. Sampson, President. Treasurer, V. A. "Whitakek. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$900,017 70 


Public funds 


$93,193 75 


Earnings undivided . 


8,000 00 


Loans on public funds 


3,550 00 


Guaranty fund . 


11,000 00 


Bank stock .... 


40,001 01 


State tax accrued . 


2,700 00 


Loans on bank stock . 


10,100 00 


Other liabilities . 


084 07 


Loans on bank books . 


500 00 






Real estate . 


5,000 00 






Real estate by foreclosure 


3,531 26 






Loans on real estate . 


486,269 05 






Loans on personal security 


229,887 51 






Loans to counties, cities, oi 








towns .... 


10,000 00 






Deposit in banks on interest, 21,440 04 






Expense account . 


332 84 




- 


Interest account . 


14,084 02 






Cash on hand . 


4,752 38 




$923,301 86 


$923,301 86 



Loans on Public Funds, amount on each: — 
On $600 United States bonds . 
On $3,000 North Adams water bonds 



$550 00 
3,000 00 



Loans on Bank Stock, amount on each: — 
On 99 shares Adams National Bank. Adams 
On 5 shares Pittsfield National Bank, Pittsfield 



$9,900 00 
200 00 



Cash on Deposit in Banks, amount in each : — 

Maverick National Bank, Boston $1,440 04 

Adams National Bank, Adams 3,345 S9 

Berkshire National Bank, North Adams 20,000 00 

Amount invested in real estate (for banking purposes) . . . $5,000 00 

Estimated value of the same 7,000 00 

Amount of real estate held by foreclosure 3,531 26 

Assessed value of the same 4,100 00 

Amount of income received from the same . . . . . 268 00 

Amount of municipal tax on real estate 182 58 

Whole amount of interest or profits received or earned . . . $46,313 53 
Rate and amount of each semi-annual dividend for ( 2 per cent . ( 15,337 S3 

previous year f 2 per cent . ( 16,203 SG 

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: 

$35,000, 4£ per cent; $37,400, 5 per cent; $548,607.51, 6 per cent; 

$81,234.05, 6i per cent; $5,400, 7 per cent; $22,575, 7f\ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 238 






1882.] 



PUBLIC DOCUMENT — No. 8. 



239 



Aggregate amount of the same 

Number of open accounts 3,204 

Number and amount of deposits received for previous year, 8,(588 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 230 

Number and amount of withdrawals .... 2,070 

Number of accounts opened the previous year .... 810 
Number of accounts closed the previous year .... 452 
Amount of expenses of corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 8. 



$2G7,G47 51 

209,782 G4 

124,057 23 
192,420 75 



3,994 85 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 


$50,500 


$59,085 00 


$55,693 75 


44 44 4.1q 


5,000 


5,650 00 


5,000 00 


City and town bonds : — 








City of Lynn ..... 


$1,000 


$1,150 00 


$1,000 00 


of Cambridge . 




5,000 


5,750 00 


5,000 00 


of New Bedford 




1.000 


1,150 00 


1,000 00 


of Fall River . 




11,000 


12,650 00 


11,000 00 


of Bangor, Me. 




5,000 


5,750 00 


5,000 00 


of Portland, Me. . 




5,000 


5,750 00 


5,000 00 


Town of Adams 




3,000 


3,450 00 


3,000 00 


of North Adams 




1,500 


1,725 00 


1,500 00 






$88,000 


$102,110 00 


$93,193 75 



Bank Stock. 



Adams Nat'l Bank, Adams 
Lee Nat'l Bank, Lee 
Pittsfield Nat'l Bank, Pittsfield 
First Nat'l Bank, Adams 



$24,000 
1,400 

. 5,000 
6,000 



$36,400 



$31,200 00 
1,820 00 
7,500 00 
7,800 00 



,320 00 



$26,200 92 
1,400 00 
6,254 01 
6,806 08 



,661 01 



240 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH AVENUE SAVINGS BANK — CAMBRIDGE. 

Incorporated March 7, 1872. Number of corporators, 37. 
Samuel F. Woodbridge, President. Treasurer, Milton L. "Walton. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$72,068 78 

1,180 72 

994 13 


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 


$4,986 04 

6,500 00 

4,221 39 

48,165 00 

5,500 00 

4,640 28 

25 00 

205 92 




$74,243 63 


$74,243 63 



Cash on Deposit in Bank : — 
Howard National Bank, Boston 



$4,640 28 



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



$4,221 39 

3,300 00 

300 00 

52 80 



20 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year 5 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 10 and July 10. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$20,340, 6 per cent; $18,200, 6i per cent; $11,625, 7 per cent; 

$3,500, 7i per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals ..... 

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

Amount of treasurer's bond 

Date of examination by commissioner : May 28. 



:i 



$4,072 58 
1,228 97 
1,242 30 



• 


24,165 00 


510 




497 


19,734 09 


12 


6.213 00 


240 


15.363 09 


73 




40 




• 


479 69 


• 


5,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



241 



Public Funds. 





Par Value. 


Estimated 
Alarket Value. 


Amount Invested. 


United States 4s, 1901, consols 


$5,000 


$5,800 00 


$4,986 04 


Bank Stock. 


Brighton Nat'l Bank, Brighton 


$6,000 


$6,000 00 


$6,500 00 



31 



242 



BANK COMMISSIONERS' REPORT. [Jan. 



NORTH BROOKFIELD SAVINGS BANK — NORTH BROOKFIELD. 

Incorporated 1854. Number of corporators, 26. 
Samuel S. Edmands, President. Treasurer, Bonum Nye. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 
Guaranty fund . 
Real estate rent . 



$361,429 30 

1,892 90 

7,425 77 

209 85 



$370,957 82 



Public funds 

Bank stock . 

Railroad bonds . 

Real estate by foreclosure 

Loans on real estate . 

Deposit in banks on interest, 

Expense account . 

Furniture 

Cask on band 



$115,000 00 

11,400 00 

87,000 00 

870 00 

144,134 00 

11,986 36 

11 24 

189 35 

366 87 



$370,957 82 



Cash on Deposit in Bank : — 
Maverick National Bank, Boston 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for } 21 per cent . i 

previous year ) 2 per cent . ( 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5J per cent. 
The total amount of loans, with each specified rate of interest : 

$144,134, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 140 

Aggregate amount of the same 

Number of open accounts 1, 

Number and amount of deposits received for previous year, 1,025 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals 

Number of accounts opened the previous year 
Number of accounts closed the previous year .... 
Amount of expenses of the corporation during previous year 
Amount of treasurer's bond , f 

Date of examination by commissioner : July 5 f 



$11,986 36 


$870 00 

600 00 

52 56 

9 48 


$19,487 91 
7,755 20 
6,513 50 



• 


118.834 00 


•±UU 

025 


75,083 65 


49 


22,397 56 


532 


50,256 74 


271 




163 




• 


950 46 


• 


14,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



243 



Public Funds. 



Par Value. 



Estimated 

Market Viilue. 



Amount Invested. 



United States bonds 

State, city, and town bonds 
State of Maine 

of New Hampshire 
City of Springfield . 
of Boston 
of Providence, R.I. 
of Manchester . 
of Portsmouth, N.H 
of Portland, Me. 
of Cambridge . 
Town of Beverly 

of Wo burn . 



$17,000 



$15,000 

1,500 

8,000 

23,000 

7,000 

9,500 

5,000 

5,000 

2,000 

10,000 

12,000 



15,000 



$19,0S2 50 


$17,400 00 


1,762 


50 


8,120 


00 


26,735 


00 


7,980 


00 


9,852 


50 


5,700 


00 


6,150 


00 


2,435 


00 


10,275 


00 


14,100 


00 


$129,592 50 



$17,000 00 



$15,000 00 

1,500 00 

8,000 00 

23,000 00 

7,000 00 

9,500 00 

5,000 00 

5,000 00 

2,000 00 

10,000 00 

12,000 00 

$115,000 00 



Bank Stock. 



Ware Nat'l Bank, Ware . 
Eliot Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston, 



$400 

1,000 

10,000 



$11,400 



$492 00 

1,202 50 

12,050 00 



$13,744 50 



$400 00 

1,000 00 

10,000 00 



$11,400 00 



Railroad Bonds. 



Boston and Albany . 
Eastern . 

Boston and Providence 
Boston and Maine . 
Old Colony 



$31,000 
27,000 

8,000 
13,000 

8,000 



$87,000 



$39,440 00 

29,700 00 

10,140 00 

16,517 50 

9,240 00 



$105,037 50 



$31,000 00 
27,000 00 

8,000 00 
13,000 00 

8,000 00 



$87,000 00 



244 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH EASTON SAYINGS BANK — EASTON. 

Incorporated Feb. 8, 1864. Number of corporators, 30. 
Fred. L. Ames, President. Treasurer, P. A. Giffoed. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$306,433 14 
12,862 26 ' 
4,400 00 i 


Public funds 

Loans on public funds 

Bank stock .... 

Loans on bank stock . 

Real estate by foreclosure . 

Loans on real estate . 

Loans on personal security, 

Expense account . 

Cash on hand and in bank . 


$28,330 00 

1C0 00 

120,161 77 

5,250 00 

14,262 88 

130,719 01 

12,245 19 

6 45 

12,620 10 




$323,695 40 


$323,095 40 



Loans on Public Funds : — 
On $100 United States 4s 

Loans on Bank Stock : — 
On 54 shares First National Bank, Easton .... 

Cash on Deposit in Bank : — 
First National Bank, Easton 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws : April 15 and Oct. 15 
The total amount of loans, with each specified rate of interest 

$16,000, 5 percent; $98,465, 6 per cent; $9,900, G£ per cent; 

$17,010, 7 per cent; $4,025, 74. per cent; $1,300, S per cent. 
Number of outstanding loans which are of an amount not 



$100 00 



$5,250 00 



$11,970 39 

$14,202 88 

13,550 00 

552 91 

242 75 

$13,151 G9 
5,392 94 
5,745 76 



exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner; Aug. 17. 



97 



1,022 
S03 

54 
433 
1S2 
121 



75,506 00 
1.60S 20 

77,879 08 

28,696 55 
49,167 27 



600 00 
10,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



245 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds : — 
City of Bath, Me 

of Bangor, Me. 

of Springfield. . . 
Town of Stoughton 


$2,000 
8,000 

10,000 
8,000 


$2,000 00 
8,200 00 

12,300 00 
8,120 00 


$2,000 00 
6,960 00 

11,250 00 
8,120 00 




$28,000 


$30,620 00 


$28,330 00 



Bank Stock. 



City Nat'l Bank, Lynn . 


$6,600 


$9,570 


00 


$9,578 25 


Neponset Nat'l Bank, Canton . 


7,500 


9,600 


00 


8,100 00 


Bristol County Nat'l B'k, Taunton . 


3,800 


5,700 


00 


4,560 00 


Taunton Nat'l Bank, Taunton 


700 


1,050 


00 


920 50 


First Nat'l Bank, Easton 


10,000 


13,000 


00 


10,690 00 


Traders' Nat'l Bank, Boston . 


3,600 


3,672 


00 


3,632 75 


Shoe and Leather Nat'l B'k, Boston, 


2,500 


2,812 


00 


3,395 00 


Tremont Nat'l Bank, Boston . 


2,500 


3,050 


00 


3,137 50 


State Nat'l Bank, Boston 


2,500 


3,150 


00 


2,693 75 


City Nat'l Bank, Boston . 


2,500 


3,150 


00 


2,765 63 


Market Nat'l Bank, Boston 


2,500 


2,700 


00 


2,750 00 


Atlas Nat'l Bank, Boston 


2,500 


3,100 


00 


2,878 13 


Eagle Nat'l Bank, Boston 


2,000 


2,375 


00 


2,255 00 


New England Nat'l Bank, Boston . 


2,500 


3,025 


00 


3,450 00 


North Nat'l Bank, Boston 


11,300 


16,000 


00 


15,074 63 


Revere Nat'l Bank, Boston 


5,700 


6,950 


00 


7,178 50 


Everett Nat'l Bank, Boston 


7,800 


9,200 


00 


10,135 00 


Shawmut Nat'l Bank, Boston . 


5,000 


6,300 


00 


6,500 00 


Atlantic Nat'l Bank, Boston . 


2,500 


3,825 


00 


3,750 00 


Hamilton Nat'l Bank, Boston . 


2,500 


2,825 


00 


3,450 00 


Manufacturers' Nat'l Bank, Boston . 


2,500 


2,700 


00 


2,753 13 


Redemption Nat'l Bank, Boston 


3,800 


5,100 


00 


4,789 00 


Hide and Leather Nat'l B"k, Boston, 


5,000 


5,800 


00 


5,725 00 




$97,800 


$125,254 00 


$120,161 77 



246 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH END SAVINGS BANK — BOSTON. 

Incorporated Feb. 17, 1870. Number of corporators, 25. 

Thomas L. Jenks, President. Treasurer, George C. Trumbull. 

Statement. 



Liabilities 




Assets. 


Deposits 


$380,910 40 


Public funds 


$18,117 50 


Earnings undivided . 


20,012 26 ! 


Bank stock .... 


56,157 17 


Guaranty fund . 


6,180 00 


Railroad bonds . 


20,212 50 


• 




Real estate by foreclosure . 


56,759 95 






Loans on real estate . 


219,990 74 






Deposit in bank . 


31,322 86 






Expense account . 


1,284 62 






Vault furniture, etc. . 


2,494 40 






Suspense account 


15 80 






Casb on hand 


1,047 12 




$407,402 m 


$407,402 m 



Cash on Deposit in Bank : — 
National Security 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 

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for J 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$68,288.74, 6 per cent; $17,200, 6£ per cent; $73,004, 7 per cent; 

$5,850, 7tV per cent; $15,700, 7£ per cent; $39,948, 8 per cent. 
Number of outstanding loans which are of an amount not 



:l 



exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 
Amount of treasurer's bond . . . 
Date of examination by commissioner: Feb. 10. 



83 



1,325 
671 

4S 
805 
162 
222 



$31,322 86 

$56,759 95 

54,500 00 

3,647 10 

830 18 

$24,694 23 
7,507 59 
7,218 64 



122,880 37 
838 25 

57,474 40 

26,622 98 
79,231 19 



4.693 77 
44,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



247 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, extended 3is 

City bonds, — 
City of Cambridge .... 


$7,600 
$10,000 


$7,676 00 
$10,350 00 


$8,417 50 
$9,700 00 




$17,600 


$18,026 00 


$18,117 50 



Bank Stock. 



City Nat'l Bank, Boston . 


$6,600 


$8,382 00 


$7,394 62 


Revere Nat'l Bank, Boston 


3,400 


4,148 00 


4,390 12 


Shoe and Leather Nat'l B'k, Boston, 


2,600 


2,925 00 


3,782 00 


Tremont Nat'l Bank, Boston . 


2,600 


3,172 00 


3,360 25 


First Nat'l Bank, Chelsea 


5,000 


6,250 00 


5,767 42 


Atlas Nat'l Bank, Boston 


5,000 


6,250 00 


5,787 50 


Eagle Nat'l Bank, Boston 


7,100 


8,502 25 


8,012 75 


Traders' Nat'l Bank, Boston . 


3,000 


3,060 00 


3,237 76 


North Nat'l Bank, Boston 


5,000 


7,125 00 


6,762 50 


Suffolk Nat'l Bank, Boston 


300 


365 62 


375 00 


Market Nat'l Bank, Boston 


1,000 


1,097 50 


1,131 25 


Commonwealth Nat'l Bank, Boston, 


500 


602 50 


660 00 


Commerce Nat'l Bank, Boston 


1,000 


1,297 50 


1,308 50' 


Third Nat'l Bank, Boston 


500 


532 50 


544 37 


Pacific Nat'l Bank, Boston 


3,500 


3,635 00 


3,643 13 




$47,100 


$57,344 87 


$56,157 17 



Railroad Bonds. 



Boston and Maine 7s 




$20,212 50 



248 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ORANGE SAVINGS BANK — ORANGE. 

Incorporated 1871. Number of corporators, 151. 
A. J. Clark, President. Treasurer, James H. Waite. 

Statement. 



Liabilities. 


Assets. 




Deposits 

Earnings undivided . 

Guaranty fund . 


$250,587 64 
1,134 23 

2,850 00 


Public funds 

Bank stock .... 

Loans on bank stock . 

Railroad bouds . 

Real estate .... 

Loans on real estate . 

Loans on personal security, 

Deposit in bank on interest, 

-L i.1 XCS • • • • • 


$43,548 21 

3<>,006 (JO 

5,400 00 

Ki,»i50 00 

1,745 02 

7i»,(i63 70 

32,247 88 

35,31)3 06 

16 80 




$254,571 87 


$254,571 87 



Loans on Bank Stock, amount on each : — 
On 50 shares Franklin County National Bank 
On 9 shares Orange National Bank . 



$5,000 00 
400 00 



Cash on Deposit in Bank : — 
Orange National Bank, Orange 



$35,393 06 



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 . 



$1,745 02 

1,000 00 

67 00 

32 41 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for I 2 per cent 

previous year ' 2 per cent 

Times for the dividends fixed by the by-laws: February and 

August. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$5,400, 4 per cent; $111,911.58, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 160 

Aggregate amount of the same 

Number of open accounts 1,272 

Number and amount of deposits received for previous year, 1,055 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Aug. 11. 



:l 



$11,583 4S 
3,046 56 
4,339 21 



66 
821 
340 
100 



93,698 32 

96.05S 17 

15,566 70 
49,539 40 



363 15 

20,000 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



249 



Public Funds. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds: — 








City of Manchester, N.H. 


$15,000 


$15,900 00 


$15,458 21 


of Lynn . , . 




3,000 


3,520 00 


3,425 00 


of Kail River . 




2,000 


2,310 00 


2,290 00 


of Bangor, Me. 




1,000 


1,150 00 


1,115 00 


of Cambridge . 




1,000 


1,190 00 


1,180 00 


of Brockton 




5,000 


5,400 00 


5,400 00 


of Auburn 




l.GOO 


1,700 00 


1,080 00 


Town of Sheldon, Vt. 




8,000 


8,400 00 


8,000 00 


of llyde Bark 




5,000 


5,200 00 


5,000 00 






$11,000 


$44,SG0 00 


$43,548 21 



Bank Stock. 



First Nat'l Bank, Springfield . 
Third Nat'l Bank, Springfield 
Union Market N.'l B'k, Watertown 
Orange Nat'l Bank, Orange 
First Nat'l Bank, Chelsea 
.Eliot Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Central Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Manufacturers' Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
First Ward Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 



$1,000 
1,000 

700 
10,000 

400 
6,500 

500 

300 
1,000 
3,000 
2,000 
2,500 
2,000 
1,100 

400 
1,500 

500 



$34,400 



$1,400 00 


1,700 


00 


784 


00 


11,500 


00 


4G0 


00 


7,781 


42 


59G 


25 


3G0 


00 


1,392 


50 


3,720 


00 


2,200 


00 


2,925 


00 


2,100 


00 


1,254 


00 


460 


00 


1,935 


00 


G08 


50 


$41,170 


G7 



$1,470 00 
1,750 00 

823 G2 
10,000 00 

4 GO 00 
7,781 42 

59G 25 

328 50 
1,392 50 
3,720 00 
2,200 00 
2,820 75 
1,SS2 00 
1,309 00 

529 00 
1,935 00 

608 50 

$39,606 60 



Railroad Bonds. 



Fitchburg 




$1G,950 00 



$16,950 00 



no 



250 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PALMER SAVINGS BANK — PALMER. 

Incorporated 1870. Number of corporators, 42. 
James B. Shaw, President. Treasurer, William C. Dewey. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$527,420 63 


1 
Public funds 


$27,600 00 


Earnings undivided . 


2,340 03 


1 Bank stock .... 


28,300 00 


Guaranty fund . 


5,500 00 


Loans on bank stock . 


1,100 00 






Railroad bonds . 


10,000 00 






Real estate .... 


12,500 00 






Real estate by foreclosure . 


10,500 00 






Loans on real estate . 


228,890 00 






Loans on personal security,* 


190,304 39 






Loans to counties, cities, or 








towns 


2,550 00 






Deposit in banks on interest, 


15,500 00 






Expense account . 


863 45 






Premium account 


5,000 00 






Loan on savings bank 








book t .... 


900 00 






Cash on hand 


1,252 82 




$535,260 66 


$535,260 66 



Loans on Bank Stock, amount on each : — 

On 12 shares Palmer National Bank 

On 10 shares First National Bank, Chicopee .... 

Loan on savings bank book (Providence Institution for Savings) t 

Cash on Deposit in Bank : — 
Palmer National Bank 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for / 2\ per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4.46 per cent. 
The total amount of loans, with each specified rate of interest: 

$147,650, 5 per cent; $246,309.39, 6 per cent; $20,940, 6$ per cent; 

$8,845, 7 per cent. 
Number of outstanding loans which are of an amount not 



$1,000 00 
100 00 

$900 00 



$15,500 00 

$12,500 00 

15,000 00 

10,500 00 

9,000 00 

650 00 

174 00 

$27,404 03 
9,789 42 
9,424 46 



exceeding $3,000 each 
Aggregate amount of the same 



265 



224.500 00 



* This bank has been notified that these loans exceed the legal limit, 
t This bank has been notified that this loan is illegal. 






1882.] 



PUBLIC DOCUMENT — No. 8. 



251 



Number of open accounts 1,835 

Number and amount of deposits received for previous year, 1,520 $169,588 61 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 125 

Number and amount of withdrawals 832 

Number of accounts opened the previous year .... 387 
Number of accounts closed the previous year .... 212 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : July 6. 



79,434 26 
99,445 45 



3,098 94 
15,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 


$100 


$116 00 


$100 00 


City and town bonds : — 








City of Boston 6s, 1894 . 


$5,000 


$6,000 00 


$5,000 00 


of Worcester 6s, 1892 


6,000 


7,000 00 


6,000 00 


of Fall River 6s, 1899 . 


5,000 


5,860 00 


5,000 00 


of Fall River 5s, 1908 . 


3,000 


3,360 00 


3,000 00 


of Bath, Me., 6s, 1891 . 


1,000 


1,000 00 


1,000 00 


of Rockland, Me., 6s, 1891 . 


2,500 


2,500 00 


2,500 00 


Town of Waltham 5s, 1882 . 


5,000 


5,000 00 


5,000 00 




$27,600 


$30,836 00 


$27,600 00 



Bank Stock. 



Palmer Nat'l Bank, Palmer 


$7,500 


$9,825 00 


$7,500 00 


Monson Nat'l Bank, Monson . 


3,300 


5,148 00 


3,300 00 


Agawam Nat'l Bank, Springfield . 


3,700 


4,550 00 


3,700 00 


State Nat'l Bank, Boston 


2,500 


3,125 00 


2,500 00 


Suffolk Nat'l Bank, Boston . 


2,000 


2,440 00 


2,000 00 


Commerce Nat'l Bank, Boston 


2,300 


2,944 00 


2,300 00 


North America Nat'l Bank, Boston . 


1,000 


1,150 00 


1,000 00 


Eliot Nat'l Bank, Boston 


5,000 


6,000 00 


5,000 00 


Brockton Nat'l Bank, Brockton 


1,000 


1,060 00 


1,000 00 




$28,300 


$36,242 00 


$28,300 00 



Railroad Bonds. 



Eastern 4s 




1,640 00 



252 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PEOPLE'S SAVINGS BANK — WORCESTER. 

Incorporated May 13, 1864. Number of corporators, 192. 

L. J. Knowles, President. Treasurer, C. M. Bent. 

Statement. 



Liabilities 


. 


Assets. a 


Deposits 


$3,470,160 04 


Public funds 


$353,500 00 


Earnings undivided . 


42,157 17 


Bank stock .... 


058,1 i00 00 


Guaranty fund . 


53,093 89 


Loans on bank stock . 


4U0 00 


Dividends unpaid 


57,343 29 


Railroad bonds 


134,500 00 


Suspense account 


5,309 88 


Real estate .... 


65,000 00 






Real estate by foreclosure . 


53,529 01 






Loans on real estate . 


1,2S)7,595 00 






Loans on personal security, 


635,150 00 






Loans to counties, cities, or 








towns .... 


148,900 00 






Deposit in banks on interest. 


1C0.937 67 






Expense account . 


2,090 75 






Rents 


540 15 






Premium account 


132,278 51 






Interest accrued . 


35,109 34 






Cash on band 


9,934 74 




33,02S,071 17 


§3,028,071 17 



Loans on Bank Stock: — 
On 5 shares First National Bank, Barre 



$400 00 



Cash on Deposit in Banks, amount in each : — 

Wachusett National Bank 

Central National Bank 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

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



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for \ 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: February and 

August. 
The total amount of loans, with each specified rate of interest: 

$63,000, 34. per cent; $86,000, 3| per cent; $312,400. 4 per cent; 

$159,000, 44 per cent; $667,465, 5 per cent; $7S1,0S0, 6 per cent; 

$S,000, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 449 

Aggregate amount of the same 

Number of open accounts 9,888 

Number and amount of deposits received for previous year, 7,929 



. $25,000 00 


. 75.937 67 


. $65,000 00 


65,000 00 


53.529 01 


40.600 00 


1,910 47 


1.324 95 


. $175,514 93 


. } 62,620 31 


. 1 65,047 53 



592,025 00 



653,783 70 



1882.] 



PUBLIC DOCUMENT — No. 8. 



253 



Number and amount of deposits of and exceeding $300 at any 



one time for the previous year 

Number and amount of withdrawals .... 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . . . 1,196 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : June 2. 

Public Funds. 



550 $307,230 09 
5,767 519,867 22 
1,609 



8,946 20 
30,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 5s and 6s, 1881, ext'd, 

U il A la 

iTjTO • • • • 

City bonds : — 
City of Boston 5s . 


$230,500 
115,000 

$8,000 


$234,743 12 
129,750 00 

$8,480 00 


$230,500 00 
115,000 00 

$8,000 00 




$353,500 


$372,973 12 


$353,500 00 



Bank Stock. 



Market Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Redemption Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Union Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Globe Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Blackstone Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
City Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Republic Nat'l Bank, Boston . 
Eliot Nat'l Bank, Boston. 
Faneuil Hall Nat'l Hank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Freeman's Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston 
Second Nat'l Bank, Boston 





$18,700 




10,000 




11,200 




10,000 




39,700 




10,000 




16,400 




2,000 




10,SOO 




5,000 




5,000 




25,200 




31,700 




• 4,000 




18,800 




5,000 




22,600 




49,000 




6,300 




3,900 




10,100 




10,000 




9,700 


., 


30,000 




19,800 




33,200 




5,000 


, 


28,000 




21,500 




8,200 




8,100 



$21,177 


75 


$18, 


12,562 


50 


10, 


14,000 


00 


11, 


11,125 


00 


10, 


53,044 


62 


39, 


12,875 


00 


10, 


18,860 


00 


10, 


3,070 


00 


2 


14,931 


00 


10, 


7,300 


00 


5, 


7,112 


50 


5, 


30,681 


00 


25, 


35,345 


50 


31, 


5,940 


00 


4. 


22,406 


00 


IS, 


6,237 


50 


5, 


25,538 


00 


OO 


56,550 


00 


49, 


0,426 


00 


6, 


4,800 


75 


3, 


12,322 


00 


10, 


11,875 


00 


10, 


11,821 


88 


o, 


35,475 


00 


30, 


24,700 


50 


19, 


41,002 


00 


33, 


6,525 


00 


5, 


31,500 


00 


2S, 


26,445 


OO 


21, 


9,020 


00 


8, 


12,532 


25 


8, 



i,700 00 

.,000 00 

,200 00 

.,000 00 

»,700 00 

.,000 00 

.,400 00 

,,000 00 

,800 00 

i,000 00 

1,000 00 

.,200 00 

,700 00 

.000 00 

.,800 00 

.,000 00 

!,600 00 

»,000 00 

1,300 00 

1,900 00 

1,100 00 

1,000 00 

',700 00 

>,000 00 

,800 00 

.,200 00 

i,000 00 

i,000 00 

,500 00 

.,200 00 

.,100 00 






254 BANK COMMISSIONERS' REPORT. 



Bank Stock — Concluded. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Third Nat'l Bank, Boston 


$30,000 


$32,100 00 


$30,000 00 


Massachusetts Nat'l Bank, Boston . 


4,000 


4,960 00 


4,000 00 


Atlantic Nat'l Bank, Boston . 


10,000 


15,350 00 


10,000 00 


Old Boston Nat'l Bank, Boston 


2,200 


2,684 00 


2,200 00 


Citizens' Nat'l Bank, Worcester 


4,400 


5,060 00 


4,400 00 


City Nat'l Bank, Worcester 


24,500 


26,460 00 


24,500 00 


Central Nat'l Bank, Worcester 


15,400 


21,560 00 


15,400 00 


Quinsigamond Nat'l B'k, Worcester, 


13,300 


15,960 00 


13,300 00 


Mechanics' Nat'l Bank, Worcester . 


13,500 


16,200 00 


13,500 00 


Worcester Nat'l Bank, Worcester . 


52,400 


66,548 00 


52,400 00 




$658,600 


$800,349 75 


$658,600 00 



Railroad Bonds. 



Eastern 4£s 

Worcester and Nashua 5s 
Boston and Maine 7s 
Boston and Albany 6s 
Old Colony 7s . 



£2,500 
12,000 
40,000 
35,000 
25,000 



$134,500 



$24,750 00 


12,180 


00 


51,000 


00 


42,000 


00 


32,125 


00 


$162,055 


00 



$22,500 00 
12,000 00 
40,000 00 
35,000 00 
25,000 00 



$134,500 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



255 



PLYMOUTH FIVE CENTS SAVINGS BANK — PLYMOUTH. 

Incorporated. April 6, 1855. Number of corporators, 70. 

William R. Drew, President. Treasurer, William W. Brewster. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$563,320 44 


Public funds 


$159,400 00 


Earnings undivided . 


13,419 12 


Bank stock .... 


29.600 00 


Guaranty fund . 


6,476 32 


• Loans on bank stock . 


1,000 00 


Suspense account 


123 15 


Railroad bonds 


20,000 00 






Real estate .... 


2,900 00 






Real estate by foreclosure . 


14,884 79 






Loans on real estate . 


265,207 00 






Loans on personal security, 


48,605 00 






Loans to counties, cities, or 








towns 


18,510 00 






Expense account . 


538 43 






Cash on hand and in banks, 


22,693 81 




$583,339 03 


$583,339 03 



Loans on Bank Stock, amount on each : — 
On 3 shares Old Colony National Bank, Plymouth . 
On 7 shares Merchants' National Bank, Boston 

Cash on Deposit in Banks, amount in each : — 
National Bank of the Commonwealth, Boston 
Plymouth National Bank, Plymouth .... 
Old Colony National Bank, Plymouth 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : second Tuesday of 

January and July. 
The total amount of loans, with each specified rate of interest: 

$12,000, 4 per cent; $6,000, 4£ per cent; $42,000, 5 per cent; 

$3,950, 5i per cent; $163,715, 6 per cent; $52,030, 6£ per cent; 

$45,317, 7 per cent; $3,315, 7 h per cent; $4,845, 7£ per cent; 

$150, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 314 

Aggregate amount of the same ........ 211,372 00 

Number of open accounts 2,394 



$300 00 


700 00 


. $9,888 84 


5,862 46 


6,290 41 


. $2,900 00 


3,000 00 


. 14,884 79 


13,200 00 


864 04 


281 70 


. $30,962 24 


. ( 10,317 70 
. 1 10,727 04 



256 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits received for previous year, 1,212 $75,210 94 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commisioner: Oct. 4. 



. 67 


37,599 84 


. CSS 


59,8S3 73 


. 253 




. 16C 




• • 


1,746 43 


• • 


10,000 00 



Public Funds. 





Tar Value. 


Eslinialcd 
31aiket Value. 


Amount IiiTestecl. 


United States 4^s, registered . 


$10,000 


$11,300 00 


$10,000 00 


" " 3 x s, registered . 


10,000 


10,187 00 


10.000 00 


" " 4s, coupons 


2,000 


2,360 00 


2,000 00 


State, city, and town bonds: — 








State of Maine 6s . 


$14,000 


$16,240 00 


$14,000 00 


of New Hampshire 6s 


5,900 


0,7S2 00 


5,900 00 


City of Lynn 6s ... 


1.000 


1,100 00 


1,000 00 


of Portland, Me., 6s 


10,000 


11.000 00 


10,000 00 


of Bath, Me., 6s 


3,000 


3,030 00 


3,000 00 


of Cambridge 6s 


9,000 


9,710 00 


9,000 00 


of New London, Conn., 7s 


12,000 


15,000 00 


12,000 00 


of New Bedford 7s . 


10.000 


'13.200 00 


10,000 00 


of Somerville 0.|s . 


5.000 


5.250 00 


5,000 00 


of Manchester, N.IL, 6s. 


1,500 


1,680 00 


1,500 00 


of Springfield 6s 


5,000 


6,450 00 


5,000 00 


of Bangor, Me., 6s . 


9,000 


10.S90 00 


9,000 00 


of Belfast, Me , 6s . 


2,000 


2.010 00 


2.000 00 


of Lewiston, Me , 6s 


2.000 


2,200 00 


2,000 00 


of Providence, LI. I., 5s . 


3,000 


3,257 00 


3.000 00 


of Lawrence 5s 


5,000 


0,0S7 00 


5,000 00 


of Brockton 4s 


10.0D0 


10,000 00 


10,000 00 


of Northampton 6s . 


10,000 


11.300 00 


10,000 00 


of Boston 5s 


3,000 


3,0C>0 00 


3.000 00 


Town of Methuen 6s . . . 


3,000 


3,030 00 


3,000 00 


of Natick 7s . 


1,000 


1,070 00 


1.000 00 


of Plymouth 7s 


13,000 


10,185 00 


13,000 00 




$159,400 


*1S3,00S 00 


$159,400 00 



Baxk Stock. 



Commonwealth Nat'l Bank, Boston, 


$5,000 


$0,225 00 


$5,000 00 


Atlas Nat'l Bank, Boston 


2,500 


3,125 00 


2,500 00 


Webster Nat'l Bank, Boston . 


2.500 


2,787 00 


2,500 00 


Pacific Nat'l Bank, Boston 


2,500 


2.625 00 


2.500 00 


First Ward Nat'l Bank, Boston 


2,100 


2.520 00 


2,100 00 


Kevere Nat'l Bank, Boston 


1.500 


1.8:50 00 


1.500 00 


Republic Nat'l Bank, Boston . 


1,500 


1,965 00 


1,500 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



257 



Bank Stoce 


: — Concluded. 






Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Merchants' Nat'l Bank, Boston 


$1,000 


$1,460 00 


$1,000 00 


Metropolitan Nat'l Bank, Boston . 


1,000 


1,200 00 


1,000 00 


City Nat'l Bank, Boston . 


1,000 


. 1,270 00 


1,000 00 


Commerce Nat'l Bank, Boston 


800 


1,030 00 


800 00 


North Nat'l Bank, Boston 


600 


850 00 


600 00 


Shoe and Leather Nat'l B'k, Boston, 


500 


565 00 


500 00 


Third Nat'l Bank, Springfield 


1,000 


1,450 00 


1,000 00 


Brockton Nat'l Bank, Brockton 


2,000 


2,120 00 


2,000 00 


Plymouth Nat'l Bank, Plymouth 


1,600 


1,760 00 


1,600 00 


Old Colony Nat'l Bank, Plymouth . 


2,500 


3,375 00 


2,500 00 




$29,600 


$36,157 00 


$29,600 00 



Railroad Bonds. 



Old Colony 6s . 
Cheshire 6s 
Boston and Maine 7s 
Eastern 4|s 



$5,000 
4,000 
1,000 

10,000 



$20,000 



$5,875 00 
4,360 00 
1,265 00 

10,975 00 



22,475 00 



$5,000 00 
4,000 00 
1,000 00 

10,000 00 

$20,000 00 



33 



258 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PLYMOUTH SAVINGS BANK — PLYMOUTH. 

Incorporated 1829. Number of corporators, 50. 
William H. Nelson, President. Treasurer, John J. Russell. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$2,110,107 44 


Public funds 


$386,471 25 


Earnings undivided . 


68,878 47 


Bank stock .... 


426,541 00 


Guaranty fund . 


50,000 00 


Loans on bank stock . 


8,300 00 


Suspense account 


200 97 


Railroad bonds . 


135,000 00 






Real estate .... 


7,000 00 






Real estate by foreclosure . 


40,807 58 






Loans on real estate . 


631,491 00 






Loans on personal security, 


389,830 00 






Loans to counties, cities, or 








towns 


182,500 00 






Deposit in banks on interest, 


15,275 28 






Cash on band 


5,970 77 




$2,229,186 88 


$2,229,186 88 



Loans on Bank Stock, amount on eacb : — 

On 42 shares Old Colony National Bank 

On 20 shares Plymouth National Bank and 13 shares Old Colony 

National Bank 

On 18 shares Plymouth National Bank 

On 5 shares NewEngland National Bank 



$2,900 00 



3.300 00 

1,800 00 

300 00 



Cash on Deposit in Banks, amount in each : — 

Boston National Bank, Boston 

Plymouth National Bank. Plymouth .... 
Old Colony National Bank, Plymouth 
National Bank of the Commonwealth, Boston . 

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



"Whole amount of interest or profits received or earned 

Bate and amount of each semi-annual dividend for / 21 per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest 

$178,000, 4 per cent; $104,700, 4+ per cent; $273,700, 5 per cent 

$88,350, 5i percent; $394,385, 6 percent; $45,850, 6i percent; 

$127,130, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 231 

Aggregate amount of the same 245,621 00 



$4,808 93 
3.690 91 
4,470 39 
2,245 05 

$7,000 00 

7,000 00 

40.S07 58 

78,025 00 

4,432 83 

1,130 43 



119,586 IS 
50.544 68 
41,282 11 



1882.] 



PUBLIC DOCUMENT — No. 8. 



259 



Number of open accounts 6,349 

Number and amount of deposits received for previous year, 2,258 $183,485 50 
Number and amount of deposits of and exceeding $300 at any 



one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : Oct. 4. 



, 153 74,437 00 

2,899 230,328 57 
. 458 



442 



6,000 00 
20,000 00 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 


$70,000 


$70,700 00 


$70,000 00 


State, city, and town bonds: — 








State of Maine 




$18,000 


$19,620 00 


$17,705 00 


of Rhode Island 




12,000 


12,840 00 


12,000 00 


City of Salem . 




10,000 


11,400 00 


10,000 00 


of Cambridge . 




7,000 


7,560 00 


7,000 00 


of Hartford, Conn. . 




5,000 


5,700 00 


4,662 50 


of Portland, Me. 




12,000 


12,840 00 


11,100 00 


of Meriden, Conn. . 




25,000 


28,750 00 


25,000 00 


of New London, Conn. 




50,000 


63,000 00 


50,000 00 


of Newburyport 




5,000 


5,350 00 


5,000 00 


of Holyoke 




50,000 


58,500 00 


46,750 00 


of Fall River . 




10,000 


11,500 00 


7,845 00 


of Lawrence 




30,000 


34,500 00 


28,425 00 


of New Bedford 




10,000 


13,000 00 


10,000 00 


of Lynn . 




13,000 


14,950 00 


12,983 75 


of Bangor, Me. 




6,000 


7,200 00 


6,000 00 


of Brockton 




16,000 


16,320 00 


16,000 00 


Town of Plymouth . 




11,000 


11,440 00 


11,000 00 


of Franklin . 




10,000 


10,500 00 


10,000 00 


of West Springfield 




25,000 


26,000 00 


25,000 00 






$395,000 


$441,670 00 


$386,471 25 



Bank Stock. 



State Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Plymouth Nat'l Bank, Plymouth 
Old Colony Nat'l Bank, Plymouth 
Bristol County Nat'l B'k, 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 



$13,000 

22,500 

17,400 

26,200 

17,100 

4,200 

12,800 

8,000 

8,400 

6,200 

900 

8,500 



$16,250 00 
32,625 00 
19,140 00 
35,370 00 
24,795 00 

4,200 00 
13,952 00 

8,160 00 
10,500 00 

7,440 00 

1,260 Uo 
10,200 00 



$13,000 00 

22,500 00 

17,400 00 

26,200 00 

17,100 00 

4,200 00 

10,240 00 

6,000 00 

8,400 00 

6,200 00 

900 00 

8,500 00 



260 



BANK COMMISSIONERS' REPORT. 



[Jan, 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



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, Weymouth 
Atlas Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Blackstone Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Commonwealth Nat'l Bank, Boston 
Third Nat'l Bank, Springfield. 
Manufacturers' Nat'l Bank, Boston 
First Ward Nat'l Bank, Boston 
Home Nat'l Bank, Brockton . 
Brockton Nat'l Bank, Brockton 



$27,000 

19,500 

4,100 

8,000 

5,450 

8,600 

7,000 

10,600 

1,500 

10,800 

12,000 

11,000 

2,900 

2,800 

9,300 

10,000 

23,400 

5,300 

13,900 

11,200 

4,800 

4,200 

5,400 

12,000 

18,800 

10,000 

10,000 

10,000 

10,000 

10,000 

6,000 



.$450,750 



$40 


500 


00 


23 


400 


00 


6 


150 


00 


9 


040 


00 


6 


649 


00 


12 


728 


00 


8 


750 


00 


15 


052 


00 


1 


875 


00 


12 


960 


00 


13 


560 


00 


12 


100 


00 


3 


190 


00 


3 


304 


00 


11 


625 


00 


15 


000 


00 


29 


016 


00 


6 


466 


00 


17 


375 


00 


12 


320 


00 


5 


472 


00 


5 


880 


00 


7 


020 


00 


14 


400 


00 


24 


440 


00 


12 


300 


00 


14 


500 


00 


10 


900 


00 


11 


800 


00 


10 


000 


00 


6 


000 


00 


$567 


,664 00 



$27,000 00 

17,745 00 

4,100 00 

8,000 00 

5,450 00 

8,600 00 

7.000 00 

10,600 00 

1,500 00 

9,180 00 

10,800 00 

11,000 00 

2,494 00 

2,380 00 

8,950 00 

10,000 00 

23,400 00 

5,300 00 

12,788 00 

10,080 00 

3,712 00 

4,200 00 

5,022 00 

10,800 00 

18,800 00 

8,500 00 

10,000 00 

6,500 00 

7,000 00 

9,000 00 

6,000 00 

$126,541 00 



Railroad Bonds. 



Old Colony 
Eastern . 
Boston and Albany 
Boston and Lowell 
Salem and Lowell 
Boston and Maine 



$20,000 
10,500 
50,000 
25,000 
25,000 
10,000 



$140,500 



$23,200 00 


11.550 


00 


63,000 


00 


25,000 


00 


30.000 


00 


12,600 


00 


$165,350 


00 



$20,000 00 
5,000 00 
50,000 00 
25,000 00 
25,000 00 
10,000 00 

$135,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



261 



PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWN OF 

BOSTON — BOSTON. 

Incorporated December, 1816. Number of corporators, 127. 
James S. Amory, President. Treasurer, Charles J. Morrill. 

Statement. 



Liabilities 




Assets. 




Deposits 


$23,975,481 37 


Public funds 


$4,853,000 00 


Earnings undivided . 


150,063 98 


Loans on public funds 


550,000 00 


Guaranty fund . 


210,000 00 


Bank stock .... 


1,134,625 00 


Suspense account 


11,749 68 


Loans on bank stock .. 


1,300 00 


Taxes on estates . 


18,547 26 


Railroad bonds 


584,000 00 






Real estate .... 


80,000 00 






Real estate by foreclosure . 


133,261 04 






Loans on real estate . 


5,924,514 00 






Loans on personal security,* 


9,206,928 66 






Loans to counties, cities, or 








towns 


803,800 00 






Deposit in banks on interest, 


1,042,286 97 






Expense account . 


14,533 15 






Cash on hand 


37,593 47 




$24,365,842 29 


$24,365,842 29 



Loans on Public Funds : — 
On $550,000 United States 5s, extended at 3£ per cent 

Loans on Bank Stock : — 
On 30 shares Merchants' National Bank, New Bedford, 
shares National Bank of Commerce, New Bedford 



and 10 



$550,000 00 



$1,300 00 



Cash on Deposit in Banks, amount in each : — 

Merchants' National Bank $340,808 31 

Exchange National Bank 395,732 57 

Webster National Bank 51,161 01 

Market National Bank . . 52,675 87 

Merchandise National Bank 103,263 96 

Suffolk National Bank 14,113 83 

Atlas National Bank 12,623 65 

Third National Bank 51,907 77 

Framingham National Bank 20,000 00 

Amount invested in real estate (for banking purposes) . . . $80,000 00 

Estimated value of the same 217,900 00 

Amount of real estate held by foreclosure . . . . . 133,261 04 

Assessed value of the same 141,900 00 

Amount of income received from the same 3,672 42 

Amount of municipal tax on real estate 5,001 22 

Whole amount of interest or profits received . . . $1,069,783 41 

Rate and amount of each semi-annual dividend for ) \\ per cent . ( 331,782 74 

previous year )'l£ per cent . t 338,979 03 

* This Institution has been notified that these loans exceed the legal limit. 



262 



BANK COMMISSIONERS' REPORT. 



[Jan. 



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 per cent. 
The total amount of loans, with each specified rate of interest: 

$90,000, 3 per cent; $50,000, 3£ per cent; $5,779,000, 3£ per cent; 

$470,000, 3f percent; $2,377,266.66, 4 per cent; $30,000, 4£ per 

cent; $5,059,000, 4£ per cent; $4,058,700, 5 per cent; $779,900, 5f 

per cent; $386,000, 5f per cent; $2,538,701, 6 per cent; $341,175, 

7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 50 

Aggregate amount of the same $106,620 00 

Number of open accounts 61,496 

Number and amount of deposits received for previous year, 61,597 5,145,211 84 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 3.161 1.649,216 00 

Number and amount of withdrawals .... 42,484 4,491,981 24 

Number of accounts opened the previous year . . . 10,795 
Number of accounts closed the previous year . . . 7,760 

Amount of expenses of the corporation dining previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : Dec. 9. 



45.081 50 
20,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 6s, extended 3-^ . 

(( it Ka (< It 

(( (( 

u (< 



5s, 



$1,353,000 

1,900,000 

1,300,000 

300,000 



$4,853,000 



$1,364,838 75 

1,928,500 00 

1,467,375 00 

348,000 00 



$5,10S,713 75 



81,353.000 00 

1,900,000 00 

1,300,000 00 

300,000 00 



$4,853,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Old Boston Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Eagle Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Massachusetts Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
New England Nat'l Bank, Boston 



$21,500 
67,500 
35,000 
42,800 
66,800 
31,500 
45,000 
31,500 
33,700 
22,500 
22,500 
54,300 
90,400 
23,900 



$33,002 50 


84,375 


00 


42,700 


00 


60,990 


00 


79,241 


50 


40,005 


00 


53,887 


50 


35,122 


50 


41,703 


75 


26,212 


50 


27,900 


00 


00,137 


25 


131,984 


00 


35,611 


00 



$21,500 00 
67,500 00 
35,000 00 
42,800 00 
66,800 00 
31,500 00 
45,000 00 
31,500 00 
33,700 00 
22,500 00 
22,500 00 
54,300 00 
90,400 00 
23,900 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



263 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


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 . 
Treraont Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 


$43,000 
33,200 
64,000 
48,200 
45,000 
50,000 
3,000 
90,000 
31,200 

100,000 
38,500 


$60,952 50 
40,504 00 
96,960 00 
60,491 00 
54,843 75 
56,500 00 
3,060 00 

109,800 00 
47,892 00 

111,500 00 
53,900 00 


$43,000 00 
33,200 00 
64,000 00 
48,200 00 
45,000 00 
50,000 00 
2,625 00 
90,000 00 
31,200 00 

100,000 00 
38,500 00 




11,135,000 


11,449,275 75 


$1,134,625 00 



Railroad Bonds. 



Old Colony 6s . 

Eastern 4^s 

Boston and Albany 6s 



$250,000 
265,000 
100,000 



$615,000 



$293,750 00 
294,150 00 
117,500 00 



$705,400 00 



$250,000 00 
234,000 00 
100,000 00 



$584,000 00 



264 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PROVIDENT INSTITUTION FOR SAYINGS IN THE TOWNS OF 
SALISBURY AND AMESBURY — SALISBURY. 

Incorporated 1828. Number of corporators, 16. 

S. Woodman, President. Treasurer, Alfred C. Webster. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$1,289,525 98 


Public funds 


§118,500 00 


Earnings undivided . 


58,496 20 


Bank stock . 


141,325 00 


Guaranty fund . 


31,975 11 


Loans on bank stock . 


500 00 






Railroad bonds . 


51,500 00 






1 Real estate . 


2,500 00 






Real estate by foreclosure 


5,659 55 






Loans on real estate . 


218,000 00 






Loans on personal security. 


110,400 00 






Loans to counties, cities, oi 








towns . . ' . 


115,000 00 






Deposit in banks on interest, 309,766 54 






Expense account . 


1,020 96 






Cash on hand 


5,825 24 




SI, 379,997 29 


SI, 379,997 29 



Loans on Bank Stock : — 
On 5 shares Powow River National Bank, Salisbury 

Cash on Deposit in Banks, amount in each : — 
Powow River National Bank, Salisbury . 
Maverick National Bank, Boston .... 
Blackstone National Bank, Boston .... 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : 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-,^- per cent. 
The total amount of loans, with each specified rate of interest: 

$20,000, 4£ percent; $17,500, 4| per cent; $73,200, 5 per cent; 

$1,300, oi percent; $173,900,6 per cent; $16,500, 64 per cent; 

$134,700, 7 per cent; $6,800, 74 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 263 

Aggregate amount of the same 



$500 00 



$141,155 56 

43.051 00 

125,559 98 

$2,500 00 

5,000 00 

5,659 55 

3,100 00 

275 00 

bQ 34 

$64,268 13 
\ 24,256 71 
I 24,S59 S8 



241.400 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



265 



Number of open accounts 3,912 

Number and amount of deposits received for previous year, 2,113 $144,784 00 
Number and amount of deposits of and exceeding |3U0 at any 

one time for the previous year 101 50,528 00 

Number and amount of withdrawals .... 1,583 15(5,733 07 

Number of accounts opened the previous year .... 452 

Number of accounts closed the previous year .... 308 

Amount of expenses of the corporation during previous year . 2,126 84 

Amount of treasurer's bond . 20,000 00 

Date of examination by commissioner: June 11. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 6s, currency 


$20,000 


$26,000 00 


$20,000 00 


State, city, and town bonds: — 








State of New Hampshire 




$10,000 


$10,500 00 


$10,000 00 


of Maine 




21,000 


23,000 00 


21,000 00 


of Rhode Island 






10,000 


10,600 00 


10,000 00 


City of Augusta, Me. 






10,000 


10,600 00 


10,000 00 


of Lewiston, Me. 






10,000 


10,100 00 


10,000 00 


of Springfield . 






10,000 


12,000 00 


10,000 00 


of Portsmouth, N.H 






5,000 


5,600 00 


5,000 00 


of Bangor, Me. 






45,000 


50,000 00 


45,000 00 


of Lawrence 






5,000 


5,500 00 


5,000 00 


of Belfast, Me. 






15,000 


15,000 00 


15,000 00 


of Fall River 6s 






20,000 


22,000 00 


20,000 00 


of Fall River 5s 






10,000 


10,500 00 


10,000 00 


of Somerville . 






40,000 


41,600 00 


40,000 00 


of Portland, Me. 






40,000 


45,000 00 


40,000 00 


of Manchester, N.H 






17,000 


19,000 00 


17,000 00 


of Chelsea 






54,000 


60,000 00 


54,000 00 


of Cambridge . 






27,000 


29,900 00 


27,000 00 


of Dover, N.H. 






4,000 


4,200 00 


4,000 00 


of Charlestown 






30,000 


33,500 00 


30,000 00 


of Holyoke 






5,000 


6,000 00 


5,000 00 


Town of Amesbury 






10,500 


10,500 00 


10,500 00 








$418,500 


$461,100 00 


$418,500 00 



Bank Stock. 



First Ward Nat'l Bank, Boston 
Shawniut 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 
Exchange Nat'l Bank, Boston 




$5,750 


00 


6,125 


00 


2,700 


00 


4,375 


00 


5,880 


00 


6,000 


00 


4,900 


00 


7,000 


00 



&5,000 00 
4,900 00 
1,800 00 
3,500 00 
4,900 00 
5,000 00 
3,500 00 
5,000 00 



34 



266 



BANK COMMISSIONERS' REPORT. [Jan. 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlas Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston . 
Eas^le 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 . 
Povvow River Nat'l B'k, Salisbury 
Georgetown Nat'l Bank, Georgetown, 



$7,500 
2,500 
5,000 
7,500 
4,000 
3,500 
5,700 
3,500 
3,000 
2,200 
1,500 
3,000 
1,800 
1,000 
2,500 
4,000 
2,000 
4,200 
1,500 
3,500 
7,500 
6,000 
2,150 
2,600 
2,500 
3,375 
4,200 
5,000 
5,000 



$141,325 



19,375 00 
2,750 00 
6,750 00 
8,625 00 
5,200 00 
3,850 
6,840 
5,075 
3,600 
3,300 
2,172 
3,900 
1,800 
1,250 
2,750 
4,400 
4,800 
5,040 
3,000 
4,375 
9,000 
6,900 
2,623 
3,380 
3,750 
4,000 
4,500 
8,000 
5,000 



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



$178,735 00 



$7,500 00 
2,500 00 
5,000 00 
7,500 00 
4,000 00 
3,500 00 
5,700 00 
3,500 00 
3,000 00 
2,200 00 
1,500 00 
3,000 00 
1,800 00 
1,000 00 
2,500 00 
4,000 00 
2,000 00 
4,200 00 
1,500 00 
3,500 00 
7,500 00 
6,000 00 
2,150 00 
2,600 00 
2,500 00 
3,375 00 
4,200 00 
5,000 00 
5,000 00 



$141,325 00 



Railroad Bonds. 



Eastern 4^s 
Boston and Albany 7s 
Boston and Maine 7s 
West Amesbury Branch 7s 



$42,000 

10,000 

5,000 

5,000 



$62,000 



$45,500 00 

12,500 00 

6,200 00 

6,000 00 



$70,200 00 



$31,500 00 

10,000 00 

5,000 00 

5,000 00 



$51,500 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



267 



QUINCY SAVINGS BANK — QUINCY. 

Incorporated. 1845. Number of corporators, 45. 
Charles Marsh, President. Treasurer, George L. Gill. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,044,920 73 


Public funds 


$55,500 00 


Earnings undivided . 


3,574 13 


Bank stock .... 


99,406 49 


Guaranty fund . 


17,500 00 


Loans on bank stock . 


4,800 00 






Railroad bonds 


60,000 00 






Real estate by foreclosure . 


147,618 83 






Loans on real estate . 


498,899 03 






Loans on personal security, 


146,900 00 






Deposit in banks on interest, 


18,838 33 






Expense account . 


219 60 






Premium account 


14,386 04 






Interest account . 


16,772 80 






Taxes, etc 


611 06 






Cash on band 


2,042 68 




$1,065,994 86 


$1,065,994 86 



Loans on Bank Stock : — 
On 47 shares Mount Wollaston National Bank, Quincy 



$4,800 00 



Cash on Deposit in Bank: — 
Granite National Bank, Quincy 



$18,838 33 



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 . 



$147,618 83 

129,500 00 

7,300 00 

1,834 09 



:i 



Whole amount of interest or profits received or earned . 

Bate and amount of each semi-annual dividend for 1 l-£ per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : first Tuesday in April 

and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7£ per cent. 
The total amount of loans, with each specified rate of interest: 

$64,000,4 percent; $140,700, 5 per cent; $15,000, 5£ per cent; 

$212,150, 6 per cent; $5,600, 6£ per cent; $185,449.03, 7 per cent; 

$21,200, 7t% per cent; $6,500, 7* per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 213 

Aggregate amount of the same 

Number of open accounts 3,690 

Number and amount of deposits received for previous year, 2,438 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 145 

Number and amount of withdrawals .... 2,280 



$48,387 77 
14,899 98 
19,689 19 



265,705 03 

184,143 95 

81,476 00 
209,872 71 



268 



BANK COMMISSIONERS' REPORT. 



[Jan. 



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 6. 



450 

289 



$3,012 49 
30,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and town bonds: — 
City of Lawrence 6s 

of Providence, R.I., 5s 
of Somerville 5s 
Town of Pawtucket 5s 



$5,000 
5,000 

40,500 
5,000 



$55,500 



$5,500 00 
5,900 00 

45,360 00 
5,500 00 



$62,260 00 



$5,000 00 
5,000 00 

40.500 00 
5,000 00 



$55,500 00 



Bank Stock. 



Washington Nat'l Bank, Boston 


$800 


$1,120 00 


$844 00 


Hide and Leather Nat'l B'k, Boston, 


1,500 


1,770 00 


1,500 00 


Eliot Nat'l Bank, Boston 


1,700 


2,040 00 


1,706 20 


Exchange Nat'l Bank, Boston 


2,000 


2,880 00 


2,475 33 


Webster Nat'l Bank, Boston . 


2,000 


2,240 00 


2,000 00 


Boston Nat'l Bank, Boston 


3,300 


4,224 00 


3,338 08 


Atlas Nat'l Bank, Boston 


6,200 


7,750 00 


6,909 25 


Merchants' Nat'l Bank, Boston 


2,500 


3,675 00 


2,657 50 


State Nat'l Bank, Boston 


2,600 


3,250 00 


2,800 00 


North Nat'l Bank, Boston 


3,000 


4.260 00 


3,450 00 


Traders' Nat'l Bank, Boston . 


3,500 


3,605 00 


3,555 00 


North America Nat'l Bank, Boston . 


6,700 


7,705 00 


6,925 00 


Republic Nat'l Bank, Boston . 


7,500 


9.825 00 


9,600 00 


Manufacturers' Nat'l Bank, Boston, 


25,500 


28,050 00 


26,205 00 


Revere Nat'l Bank, Boston 


1,800 


2,196 00 


1.991 75 


Citv Nat'l Bank, Boston . 


1,900 


2.413 00 


2.244 00 


Granite Nat'l Bank, Quincy . 


10,000 


13,000 00 


10,605 38 


Mount Wollaston Nat'l B'k, Quincy, 


10,000 


13,000 00 


10,600 00 




$92,500 


SI 13,003 00 


$99,406 49 



Railroad Bonds. 



Salem and Lowell 6s 
Boston, Clinton, Fitchburg, and 
New Bedford 5s * 



$10,000 
50,000 



$60,000 



$11,500 00 



$64,000 00 



$10,000 00 



52,500 00 50,000 00 



$60,000 00 



* This bank lias been notified that the investment in those bonds is illegal. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



269 



RANDOLPH SAVINGS BANK— RANDOLPH. 

Incorporated 1851. Number of corporators, 61. 
J. White Belcher, President. Treasurer, Seth Turner. 

Statement. 



Liabilities 


t 


Assets. 


Deposits 


$714,320 96 


Public funds 


$157,000 00 


Earnings undivided . 


2,828 31 


Bank stock .... 


252,400 00 


Guaranty fund . 


18,116 24 


Railroad bonds . 


107,500 00 






Loans on railroad stock 


500 00 






Real estate by foreclosure . 


15,414 68 






Loans on real estate . 


117,960 00 






Loans on personal security, 


.26,550 00 






Loans to counties, cities, or 








towns 


15,000 00 






Deposit in bank on interest, 


39,849 92 






Cash on band 


3,090 91 




$735,265 51 


$735,265 51 



Loans on Railroad Stock : — 
On 5 shares Old Colony Railroad 



$500 00 



Cash on Deposit in Bank : — 
Randolph National Bank, Randolph $39,849 92 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6-J per cent. 
The total amount of loans, with each specified rate of interest: 

$10,000, 4 per cent; $19,000, 5 per cent; $12,500, 5£ per cent; 

$46,920, 6 per cent; $21,450, 6£ per cent; $34,400, 7 per cent; 

$440, 7t 3 (t per cent; $9,550, 7^ per cent; $5,750, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 66 

Aggregate amount of the same 

Number of open accounts 2,096 

Number and amount of deposits received for previous year . 922 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 88 

Number and amount of withdrawals 746 

Number of accounts opened the previous year . . . 269 

Number of accounts closed the previous year .... 179 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: May 19. 



$15,414 68 

15,800 00 

571 13 

172 90 

$43,036 86 
13,301 31 
13,704 96 



67,140 00 

92,230 86 

41,552 74 
79,454 21 



1,603 26 
15,000 00 



270 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

State and city bonds : — 
State of New Hampshire 
City of Portland, Me. 

of Springfield .... 

of Brockton .... 

of Lawrence .... 


$105,000 

$1,000 
10,000 
15,000 
10,000 
16,000 


$111,290 00 

$1,100 00 
11,000 00 
19,500 00 
11,500 00 
19,200 00 


$105,000 00 

$1,000 00 
10,000 00 
15,000 00 
10,000 00 
16,000 00 




$157,000 


$183,490 00 


$157,000 00 



Bank 


Stock. 








Atlantic Nat'l Bank, Boston . 


$9,700 


$14,890 


00 


$12,562 50 


Atlas Nat'l Bank, Boston 


5,000 


6,250 


00 


5,000 00 


Blackstone Nat'l Bank, Boston 


9,700 


11,155 


00 


12,000 00 


Boston Nat'l Bank, Boston 


5,000 


6,400 


00 


5,000 00 


Blue Hill Nat'l Bank, Boston . 


1,600 


1,764 


00 


1,600 00 


Central Nat'l Bank, Boston 


5,200 


6,240 


00 


5,200 00 


City Nat'l Bank, Boston . 


5,000 


6,162 


00 


5,365 00 


Commonwealth Nat'l Bank, Boston, 


6,300 


7,590 


00 


6,569 75 


Continental Nat'l Bank, Boston 


5,000 


5,925 


00 


5,000 00 


Commerce Nat'l Bank, Boston 


6,600 


8,598 


00 


8.060 12 


Eagle Nat'l Bank, Boston 


5,000 


5,988 


00 


5,336 38 


Eliot Nat'l Bank, Boston 


2,000 


2,405 


00 


2,000 00 


Everett Nat'l Bank, Boston 


10.300 


12,177 


00 


11,604 75 


Exchange Nat'l Bank, Boston . 


2,700 


3,888 


00 


4,064 00 


Freeman's Nat'l Bank, Boston 


2,500 


2,993 


00 


3,346 00 


Hamilton Nat'l Bank, Boston . 


5,000 


5,650 


00 


6,762 50 


Hide and Leather Nat'l B'k, Boston, 


10,000 


11,500 


00 


10,269 88 


Howard Nat'l Bank, Boston . 


4,600 


5,980 


00 


4,993 75 


Merchandise Nat'l Bank, Boston 


2,400 


2,634 


00 


2,400 00 


Market Nat'l Bank, Boston . 


7,500 


8,232 


00 


7,500 00 


Metropolitan Nat'l Bank, Boston . 


500 


600 


00 


500 00 


Merchants' Nat'l Bank, Boston 


15,000 


21,900 


00 


19,962 62 


New England Nat'l Bank, Boston . 


5,000 


7,412 


00 


6,300 00 


North Nat'l Bank, Boston 


7,000 


9,958 


00 


8,034 13 


North America Nat'l Bank, Boston . 


5,000 


5,738 


00 


5,000 00 


Revere Nat'l Bank, Boston 


3,700 


4,496 


00 


4,700 00 


Redemption Nat'l Bank, Boston 


15,000 


20,250 


00 


19,888 00 


Shawmut Nat'l Bank, Boston . 


3,000 


3,825 


00 


3,245 25 


Shoe and Leather Nat'l B'k, Boston, 


10,500 


11,812 


00 


10,500 00 


State Nat'l Bank, Boston 


4,600 


5,773 


00 


4,876 00 


Third Nat'l Bank, Boston 


5,000 


5,350 


00 


5,000 00 


Tremont Nat'l Bank, Boston . 


5,000 


6,138 


00 


5,000 00 


Traders' Nat'l Bank, Boston . 


2,500 


2.550 


00 


2,500 00 


Union Nat'l Bank, Boston 


2,500 


3,83S 


00 


3.681 25 


Webster Nat'l Bank, Boston . 


1,000 


1,140 


00 


1,000 00 


Home Nat'l Bank, Brockton . 


5,000 


6,000 


00 


5,000 00 


Central Nat'l Bank, Lynn 


9,700 


12,028 


00 


P. 700 00 


City Nat'l Bank, Lynn . 


3,500 


5,005 


00 


5,078 12 


Union Nat'l Bank, Weymouth . 


1,300 


1 ,495 


00 


1,300 00 


Taunton Nat'l Bank, Taunton 


2,500 


3,375 


00 


2,500 00 


Manufacturers' Nat'l Bank, Boston, 


4,000 


4,410 


00 


4,000 00 




$222,400 


$279,514 00 


$252,400 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



271 



Railroad Bonds. 



*■ 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Old Colony 

Boston and Maine .... 
Eastern . . ' . 


$60,000 
10,000 
37,500 


$69,600 00 
12,800 00 
41,250 00 


$60,000 00 
10,000 00 
37,500 00 




$107,500 


$123,650 00 


$107,500 00 



272 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ROCKLAND SAYINGS BANK — ROCKLAND. 

Incorporated 1868. Number of corporators, 47. 
R. J. Lane, President. Treasurer, E. R. Studley. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$366,667 39 


Public funds 


$20,000 00 


Earnings undivided . 


7,676 83 


Bank stock .... 


81,176 05 


Guaranty fund . 


5,000 00 


Railroad bonds 


12,000 00 






Real estate by foreclosure . 


4,600 00 






Loans on real estate . 


210,285 62 






Loans on personal security, 


24,851 12 






Loans to counties, cities, or 








towns 


9,000 00 






Deposit in bank ou interest, 


16,556 42 






Expense account . 


320 33 






Insurance account 


369 76 






Cash on hand 


184 92 




$379,344 22 


$379,344 22 



Cash on Deposit in Bank : — 
Abington National Bank, Abington 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for I 2 per cent 

previous 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 : TtV P er cent. 
The total amount of loans, with each specified rate of interest; 

$9,000, 4 per cent; $234,186, 6 per cent; $5,000, 7 per cent. 
Number of outstanding loans which are of an amount not 



:i 



$16,556 42 

$4,600 00 

2,900 00 

50 00 

40 31 

$20,829 60 
6,641 66 
6,956 30 



exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts . 

Number and amount of deposits received for previous year . 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals 

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

Amount of treasurer's bond 

Date of examination by commissioner: Oct. 8. 



2S1 



• 


174,186 00 


• 


2,900 00 


.370 




946 


76,149 28 


51 


26.736 94 


651 


68,042 09 


260 




144 




• 


1,000 00 


• 


10,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



273 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds : — 
City of Bangor, Me. 
of Rockland, Me. 
of Middletowii, Conn, 
of Fall River .... 


$8,000 
5,000 
3,000 
4,000 


$9,600 00 
5,000 00 
3,240 00 
4,600 00 


$8,000 00 
5,000 00 
3,000 00 
4,000 00 




$20,000 


$22,440 00 


$20,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston 
Metropolitan Nat'l Bank, Boston 
Market Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Pacific Nat'l Bank, Boston 
Abington Nat'l Bank, Abington 
Granite Nat'l Bank, Quincy . 



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



$71,700 



$6,140 

7,906 

1,180 

1,740 

2,993 

3,850 

1,227 

5,268 

5,175 

8,576 
10,275 00 

6,732 00 
10,242 75 

3,738 00 

2,230 

5,000 
787 

2,782 



00 
00 
00 
00 
00 
00 
50 
00 
00 
00 



00 
00 
00 
00 



$85,842 25 



$5,400 25 
7,675 00 
1,112 
1,831 
3,125 
3,640 
960 
5,577 
4,832 
7,428 
9,369 25 
7,074 50 
8,673 75 
3,481 33 
2,186 
5,537 
750 
2,520 



75 
87 
00 
00 
00 
25 
50 
50 



60 
50 
00 
00 



$81,176 05 



Railroad Bonds. 



Boston, Lynn, and Revere Beach 




$14,160 00 



$12,000 00 



35 



274 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SALEM FIVE CENTS SAVINGS BANK — SALEM. 
Incorporated May, 1855. Number of corporators, 145. 
John Kinsman, President. Treasurer, Charles H. Henderson. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$2,252,636 04 
50,905 47 
50,000 00 


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, 
Cash on hand 


$374,200 00 

550,830 00 

50,850 00 

691,380 00 

575,000 00 

60,000 00 

47,000 00 

4,281 51 




$2,353,541 51 


$2,353,541 51 



Cash on Deposit in Bank : — 
Asiatic National Bank, Salem 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ' 2 per cent 

Times for the dividends fixed by the by-laws : February and August. 
The total amount of loans, with each specified rate of interest: 

$20,000, 3£ percent; $50,000, 3| per cent; 850,000, 4 per cent; 

$25,000, 4£ per cent; $200,000, 4^ per cent; $25,000, 4| per cent; 

$115,000, 5 per cent; $156,250, 6 per cent; $77,700, 6£ per cent; 

$366,100, 7 per cent; $151,330, 7f% per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 249 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 7,606 

Number and amount of deposits received for previous year, 4,548 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 349 

Number and amount of withdrawals .... 3,175 

Number of accounts opened the previous year .... 990 
Number of accounts closed the previous year .... 658 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : June 7. 



$47,000 00 

$50,850 00 

48,750 00 

4,524 35 

745 95 

$127,190 29 
( 40.414 43 
i 41.983 36 



349,930 00 
8,300 00 

381,179 73 

212,838 44 
302,214 27 



6,658 89 
25,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



275 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 6s, ext. 1881, new 3is, 



u 



41s 



City 
City of 
of 
of 
of 
of 
of 
of 
of 
of 
of 
of 
of 
of 
of 
of 
of 



bonds: — 
Portland, Me. 
Meriden, Conn. 
Waterbury, Conn 
Lewiston, Me. 
Gardiner, Me. 
Portsmouth, N.H 
Hartford, Conn. 
Salem . 
Fall River 
Lawrence 
Haverhill 
Springfield 
Somerville 
Lynn . 
Chelsea 
Fitchburg 



$10,000 
40,000 



$5,000 
65,000 
20,000 
30,000 
10,000 
3,000 
10,000 
19,000 
25,000 
35,000 
10,000 
41,000 
20,000 
20,000 
5,000 
5,000 



$373,000 



$10,100 00 


45,200 00 


$5,080 00 


74,540 00 


25,400 00 


34,500 00 


10,000 00 


3,390 00 


11,300 00 


20,690 00 


29,800 00 


39,550 00 


12,000 00 


52,380 00 


21,300 00 


23,000 00 


5,650 00 


5,800 00 


$429,680 00 



$9,800 00 
41,400 00 



$5,000 00 
65,000 00 
20,000 00 
30,000 00 
10,000 00 
3,000 00 
10,000 00 
19,000 00 
25,000 00 
35,000 00 
10,000 00 
41,000 00 
20,000 00 
20,000 00 
5,000 00 
5,000 00 

$374,200 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 


$10,000 


$15,300 00 


$11,600 00 


Atlas Nat'l Bank, Boston 


10,000 


12,500 00 


10,700 00 


Blackstone Nat'l Bank, Boston 


15,000 


17,250 00 


15,000 00 


Boston Nat'l Bank, Boston 


7,900 


10,112 00 


7,900 00 


Boylston Nat'l Bank, Boston . 


20,000 


25,600 00 


22,000 00 


City Nat'l Bank, Boston . 


8,300 


10,541 00 


9,100 00 


Columbian Nat'l Bank, Boston 


15,000 


21,450 00 


20,000 00 


Commerce Nat'l Bank, Boston 


16,500 


21,120 00 


16,500 00 


Commonwealth Nat'l Bank, Boston, 


8,500 


10,540 00 


9,000 00 


Continental Nat'l Bank, Boston 


11,400 


13,452 00 


12,000 00 


Eagle Nat'l Bank, Boston 


10,000 


11,900 00 


10,800 00 


Eliot Nat'l Bank, Boston 


13,300 


15,960 00 


14,600 00 


Everett Nat'l Bank, Boston 


7,300 


8,541 00 


7,300 00 


Faneuil Hall Nat'l Bank, Boston 


3,500 


4,690 00 


4,000 00 


First Nat'l Bank, Boston 


2,500 


5,175 00 


2,500 00 


Freeman's Nat'l Bank, Boston 


9,100 


10,829 00 


10,000 00 


Globe Nat'l Bank, Boston 


20,000 


22,200 00 


21,000 00 


Hamilton Nat'l Bank, Boston . 


7,000 


8,610 00 


7,900 00 


Hide and Leather Nat'l B'k, Boston, 


8,500 


10,030 00 


9,300 00 


Howard Nat'l Bank, Boston . 


9,700 


12,610 00 


10,800 00 


Manufacturers' Nat'l Bank, Boston, 


10,000 


11,000 00 


10,000 00 


Market Nat'l Bank, Boston 


2,200 


2,420 00 


2,200 00 


Massachusetts Nat'l Bank, Boston . 


15,500 


19,220 00 


17,000 00 


Merchandise Nat'l Bank, Boston 


6,000 


6,600 00 


6,000 00 


Merchants' Nat'l Bank, Boston 


33,300 


48,951 00 


38,800 00 



276 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Mount Vernon Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
North Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Old Boston Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston 
Suffolk Nat'l Bank, Boston 
Third Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Asiatic Nat'l Bank, Salem 
Exchange Nat'l Bank, Salem . 
First Nat'l Bank, Salem . 
Mercantile Nat'l Bank, Salem . 
Merchants' Nat'l Bank, Salem 
Naumkeag Nat'l Bank, Salem 
Salem Nat'l Bank, Salem 



$5,000 

9,100 

20,000 

11,700 

6,350 

2,000 

20,400 

7,200 

5,700 

9,500 

7,500 

15,000 

10,000 

10,000 

4,400 

5,000 

10,530 

10,000 

900 

15,300 

8,400 

10,900 

25,900 



$511,280 



$6,350 00 
13,559 00 
28,400 00 
13,455 00 

7,747 00 

2,700 00 
24,888 00 
10,872 00 

7,239 00 
10,735 00 

9,075 00 
15,900 00 
10,200 00 
12,200 00 

6,732 00 

5,600 00 
15,444 00 
12,300 00 

1,116 00 
18,819 00 
11,760 00 
16,895 00 
31,080 00 



$649,667 00 



$5,000 00 
12,400 00 
21,600 00 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



11,700 

7,500 

2,500 
20,400 

7,600 

6,600 
10,500 

8,100 
15,000 
10,000 
11,000 00 

6,000 00 

5,000 

10,530 

10,000 

900 

16,000 00 

8,700 00 
11,900 00 
25,900 00 



00 
00 
00 
00 



$550,830 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



27T 



SALEM SAVINGS BANK — SALEM. 

Incorporated January, 1818. Number of corporators, 193. 
Peter Silver, President. Treasurer, William H. Simonds, Jun. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$6,252,034 40 


Public funds 


$2,094,000 00 


Earnings undivided . 


20,338 39 


Loans on public funds 


107,500 00 


Guaranty fund . 


136,000 00 


Bank stock .... 


560,436 00 






Loans on bank stock . 


8,300 00 






Real estate .... 


75,000 00 






Real estate by foreclosure . 


109,803 85 






Loans on real estate . 


863,240 00 






Loans on personal security, 


1,962,000 00 






Loans to counties, cities, or 








towns 


542,450 00 






Deposit in banks on interest, 


65,794 01 






Cash on hand 


19,848 93 




$6,408,372 79 


$6,408,372 79 



Loans on Public Funds, amount on each : — 

On $100,200 United States 4s $100,200 00 

On $5,500 United States 4is 5,300 00 

On $2,000 Boston 5s . . 2,000 00 



Loans on Bank Stock, amount on each : — 
On 40 shares Natick National Bank, Natick . 
On 120 shares Asiatic National Bank, Salem 
On 40 shares First National Bank, Newburyport . 

Cash on Deposit in Banks, amount in each : — 
First National Bank, Boston • . 

Merchants' National Bank, Salem .... 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) If per cent 

Times for the dividends fixed by the by-laws : third Wednesday 

in April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$544,000, 3£ per cent; $25,000, 3f per cent; $104,000, 3f per cent; 

$50,000, 3| per cent; $753,000, 4 per cent; $593,350, 4£ per cent; 

$29,300, A'\ percent; $391,450, 5 per cent; $30,000, 5| per cent; 

$30,000, 5f per cent; $123,400, 5£ per cent; $535,220, 6 per cent; 

$129,570, 6$ per cent; $28,400, 7 per cent; $100,800, 7t% per cent. 



$4,000 00 

300 00 

4,000 00 



$50,794 01 
15,000 00 

$75,000 00 

75,000 00 

109,803 85 

88,250 00 

6,136 44 

1,912 53 

$318,284 16 
\ 118,722 23 
I 105,495 83 



278 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of outstanding loans which are of an amount not 

exceeding $3,000 each 161 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 15,884 

Number and amount of deposits received for previous year, 8,526 
Number and amount of deposits of and exceeding $300 at any- 



one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: June 2. 



637 
7,910 
1,654 
1,334 



$240,790 00 
16,000 00 

746,685 00 

363,936 00 
805,513 30 



12,178 93 
30,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 3^s, continued . 


$359,000 


$366,180 00 


$359,000 00 


" " 4s, registered 


. . 


170,000 


197,200 00 


170,000 00 


" " 4^s, registered 


i . 


250,000 


282,500 00 


265,000 00 


State, city, and town bonds: 


__^ 








State of Maine 




$7,000 


$7,280 00 


$7,000 00 


of New Hampshire 




1,000 


1,080 00 


1,000 00 


of Massachusetts . 




5,000 


5,200 00 


5,000 00 


City of Bath, Me. . 






9,000 


9,000 00 


9,000 00 


of Boston 






100,000 


114,000 00 


100,000 00 


of Bangor, Me. 






20,000 


22,600 00 


20,000 00 


of Cambridge . 






15,000 


16,050 00 


15,000 00 


of Charlestown 






50,000 


58,500 00 


50,000 00 


of Chelsea 






17,000 


19,880 00 


17,000 00 


of Fall River . 






60,000 


72,400 00 


60,000 00 


of Holyoke 






65,000 


80,600 00 


65,000 00 


of Lynn . 






70,000 


70,300 00 


70,000 00 


of Lowell . 






50,000 


58,500 00 


50,000 00 


of Lawrence 






71,000 


82,425 00 


71,000 00 


of Maiden 






50,000 


58,000 00 


50,000 00 


of Manchester, N.H 






100,000 


119,000 00 


100,000 00 


of New Bedford 






17,000 


17,260 00 


17,000 00 


of Providence, R.I. 






200,000 


230,000 00 


200,000 00 


of Salem . 






115,000 


131,250 00 


115,000 00 


of Somerville . 






119,000 


123,930 00 


119,000 00 


Town of Arlington . 






10,000 


11,600 00 


10,000 00 


of Everett 






2,000 


2,320 00 


2,000 00 


of Marblehead 






22,000 


26, ISO 00 


22,000 00 


of Milford . 






15,000 


17,100 00 


15,000 00 


of Waltham . 






75,000 


79,125 00 


75,000 00 


of Winchester 






35,000 


41,650 00 


35,000 00 








$2,079,000 


$2,327,110 00 


$2,094,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



279 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



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 
Freeman's Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Merchandise Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Suffolk Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston 
Asiatic Nat'l Bank, Salem 
Exchange Nat'l Bank, Salem . 
First Nat'l Bank, Salem . 
Mercantile Nat'l Bank, Salem 
Merchants' Nat'l Bank, Salem 
Naumkeag Nat'l Bank, Salem 
Salem Nat'l Bank, Salem 
Home Nat'l Bank, Brockton . 
Beverly Nat'l Bank, Beverly . 
Marblehead Nat'l B'k, Marblehead 
Grand Nat'l Bank, Marblehead 
First Nat'l Bank, Chelsea 



$10,000 

1,000 

7,300 

2,500 

20,500 

28,000 

50,200 

11,400 

12,000 

12,400 

58,300 

27,400 

12,500 

16,500 

49,800 

17,300 

7,500 

10,000 

20,000 

7,800 

4,000 

15,330 

8,500 

8,100 

500 

48,150 

7,300 

7,500 

10,000 

700 

2,000 

4,500 

10,000 



$508,980 



$15,350 


00 


1,250 


00 


8,395 


00 


3,200 


00 


26,035 


00 


39,900 


00 


64,632 


00 


13,651 


00 


14,760 00 


13.640 


00 


85,118 


00 


38,839 


00 


16,875 


00 


21,615 00 


60,756 


00 


26,123 


00 


9,562 


00 


12,200 


00 


24,400 00 


9,087. 


00 


5,020 


00 


23,506 


00 


10,200 


00 


10,125 00 


625 


00 


67,410 00 


11,680 


00 


9,000 


00 


11,000 


00 


812 


00 


2,320 00 


5,220 


00 


12,525 


00 


$674,831 00 



$10,000 00 

1,100 00 

8,700 00 

3,000 00 

22,400 00 

28,000 00 

50,200 00 

12,500 00 

14,550 00 

12,400 00 

77,300 00 

28,400 00 

17,500 00 

21,600 00 

50,300 00 

18,100 00 

9,000 00 

12,100 00 

20,000 00 

8,736 00 

4,600 00 

16,110 00 

8,900 00 

8,840 00 

500 00 

48,150 00 

9,650 00 

7,600 00 

10,000 00 

700 00 

2,000 00 

5,000 00 

12,500 00 

$560,436 00 



280 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SEAMEN'S SAYINGS BANK — PRO VINCETOWN. 

Incorporated April 14, 1851. Number of corporators, 85. 

Lysander N.' Paine, President. Treasurer, Joseph H. Dyer. 

Statement. 



Liabilities 


• 


Assets. 


• 


Deposits 


$321,730 11 


Bank stock .... 


$108,824 62 


Earnings undivided . 


9,895 18 


Loans on bank stock . 


1,000 00 


Guaranty fund . 


5,823 14 


Real estate .... 


1,330 29 






Real estate by foreclosure . 


82,254 90 






Loans on real estate . 


37.058 74 






Loans on personal security, 


37,548 20 






Loans to counties, cities, or 




- 




towns 


15,000 00 






Deposit in banks on interest, 


49,865 70 






Furniture and safes 


2,623 49 






Cash on hand 


1,942 49 




$337,448 43 


$337,448 43 



Loans on Bank Stock: — 
On 8 shares Freeman's National Bank, Boston, and 4 shares Shaw- 
mut National Bank, Boston $1,000 00 



Cash on Deposit in Banks, amount in each : — 
Freeman's National Bank, Boston .... 
Union Market National Bank, Watertown 

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

Whole amount of interest or profits received or earned 

Bate and amount of each semi-annual dividend for ) 2 per cent 

previous year 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 : 3 per cent. 
The total amount of loans, with each specified rate of interest: 

$27,555.43, 6 percent; $35,076.68, G£ percent; $11,465.83, 7 per 

cent; $594, 7i per cent; $540, 8 per cent- 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 64 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,676 

Number and amount of deposits received for previous year . 376 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 40 



$9,749 03 
40,116 67 



$1,330 29 

1,000 00 

82,254 90 

75,273 00 

3,779 37 

1.170 00 

$18,589 41 
6,412 25 
6,193 12 



53,731 94 
23,828 61 

» 

41,494 35 
16,793 62 



1882.] 



PUBLIC DOCUMENT — No. 8. 



281 



Number and amount of withdrawals 657 

Number of accounts opened the previous year . . . .115 
Number of accounts closed the previous year .... 217 
Amount of expenses of the corporation during previous year. 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 5. 



61,918 60 



2,100 00 
20,000 00 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Blue Hill Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
City Nat'l 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 
Market Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Old Boston Nat'l Bank, Boston 
First Nat'l Bank, Provincetown 
Revere Nat'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 
Manufacturers' Nat'l Bank, Boston, 



$2,500 
2,000 
1,000 
7,600 
1,000 
5,000 
2,500 
5,000 
5,000 
8,000 
2,500 
1,500 
500 
5,000 
1,000 
1,300 
5,000 
2,000 
5,400 
7,900 
1,700 

10,100 
3,000 
4,500 
1,000 
2,500 



$94,500 



$3,125 00 


2,300 


00 


1,102 


50 


9,728 


00 


1,232 


50 


6,000 


00 


2,965 


62 


6,012 


50 


5,856 


25 


9,580 


00 


2,787 


50 


1,963 


12 


550 


00 


6,387 


50 


1,092 


50 


1,491 


75 


6,237 


50 


2,440 00 


7,938 


00 


9,598 


50 


2,569 


12 


12,675 


50 


3,656 


25 


5,478 75 


1,115 00 


3,100 


00 


$116,983 


36 



00 
00 
00 
50 
25 



$3,175 00 

2,500 00 

1,000 

7,600 

1,000 

5,432 

3,131 

6,000 00 

6,575 00 

8,000 00 

3,562 50 

1,500 00 
540 00 

6,250 00 

1,190 00 

1,490 

5,541 

3,300 

6,820 

8,693 

1,700 
10,100 

4,187 

5,473 

1,190 

2,871 



88 
67 
00 
00 
02 
00 
00 
50 
42 
00 
88 






108,824 62 



36 



282 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SHELBURNE FALLS SAYINGS BANK — SHELBURNE FALLS. 

Incorporated 1855. Number of corporators, 60. 

F. A. Ball, President. Treasurer, A. K. Hawks. 

Statement. 



Liabilities. 


Assets. 




Deposits 


$730,697 87 


Public funds 


$207,000 00 


Earnings undivided . 


6,618 11 


Bank stock .... 


71,300 00 


Guaranty fund . 


14,000 00 


Loans on bank stock . 


2,800 00 






Real estate .... 


4,000 00 






Real estate by foreclosure . 


4,000 00 






Loans on real estate . 


355,599 85 






Loans on personal security, 


78,135 51 






Loans to counties, cities, or 


3,250 00 






towns 








Deposit in bank on interest, 


25,000 00 






Cash on hand 


230 62 




$751,315 98 


$751,315 98 



Loans on Bank Stock : — 
On 28 shares Shelburne Falls National Bank .... 

Cash on Deposit in Bank : — 
Maverick National Bank, Boston 

Invested in real estate (for banking purposes) .... 

Estimated value of the same 

Amount of real estate held by foreclosure .... 
Assessed value of the same : assessed with other property. 
Amount of income received from the same .... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for I 1\ per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws : April 10 and Oct. 10. 
The total amount of loans, with each specified rate of interest: 

$439,785.36, 5 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 375 

Aggregate amount of the same 

Number of open accounts 3,097 

Number and amount of deposits received for previous year, 1,954 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 114 

Number and amount of withdrawals .... 1.141 

Number of accounts opened the previous year . . . . 445 
Number of accounts closed the previous year .... 270 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 9. 



$2,800 00 



$25,000 00 



:i 



$4,000 00 


4,000 00 


4,000 00 


189 00 


92 00 


$41,895 83 


16,889 92 


13,982 85 



279,215 36 

135.980 08 

60,264 86 
127,172 28 



1,818 09 

15,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



283 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested 


United States 3^s .... 
" " 4s . 

(( (( Ala ' 

^Z"oO .... 

City bonds : — 
City of Boston 6s . 
of Boston 5s . 
of Fall River 6s 
of Fall River 5s 
of Lynn 6s ... . 
of Lynn 5s ... 


825,000 
21,000 
60,000 

• 

830,000 

10,000 

29,000 

20,000 

7,000 

5,000 


825,000 00 
24,000 00 
67,200 00 

835,000 00 

11,000 00 

34,200 00 

22,000 00 

8,000 00 

5,500 00 


825,000 00 
21,000 00 
60,000 00 

830,000 00 

10,000 00 

29,000 00 

20,000 00 

7,000 00 

5,000 00 


. 


8207,000 


8231,900 00 


8207,000 00 



Bank Stock. 



Shelburne Falls Nat'l Bank, Shel- 








burne Falls ..... 


829,400 


837,400 00 


829,400 00 


First Nat'l Bank, Northampton 


17,000 


21,600 00 


17,000 00 


Conway Nat'l Bank, Conway . 


11,900 


13,100 00 


11,900 00 


Adams Nat'l Bank, North Adams . 


5,000 


6,275 00 


5,000 00 


Pittsfield Nat'l Bank, Pittsfield 


3,000 


4,200 00 


3,000 00 


Redemption Nat'l Bank, Boston 


5,000 


6,225 00 


5,000 00 




871,300 


888,000 00 


871,300 00 



284 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SOUTH ADAMS SAYINGS BANK — ADAMS. 

Incorporated 1869. Number of corporators, 9. 

Henry J. Bliss, President. Treasurer, Harvey H. Wellington. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$472,976 28 j 


Public funds 


859,500 00 


Earnings undivided . 


8,309 96 


Bank stock .... 


35,650 00 


Guaranty fund . 


8,000 00 


Real estate by foreclosure . 


6,500 00 






Loans on real estate . 


206,395 00 




I 


Loans on personal security, 


159,186 50 






Deposit in bank on interest, 


16,440 40 






Expense account . 


484 41 






Premium account 


5,005 00 






Insurance account 


52 68 






Cask on band . *■ 


72 25 




$489,286 24 


£489,286 24 



Cash on Deposit in Bank:- 
First National Bank, Adams 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 2£ per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$56,500, 5 per cent; $163,325, 6 per cent; $35,500, 6£ per cent; 

$102,831.50, 7 per cent; $7,425, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 112 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,390 

Number and amount of deposits received for previous year, 3,927 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 95 

Number and amount of withdrawals 561 

Number of accounts opened the previous year . . . .317 
Number of accounts closed the previous year .... 102 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 8. 



$16,440 40 

$6,500 00 

4,000 00 

200 00 

144 S7 

$24,853 53 
9,641 94 
8,551 52 



88,981 50 

4,500 00 

134,619 35 

53,129 75 

62,686 67 



1,705 72 
50,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



285 



Public Funds. 



- 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, consols 
" " 5s, continued 
" " 6s, 1881, continued . 

City and town bonds: — 
City of Somerville .... 
Town of Adams .... 
of Clarksburg 


$12,000 

12,000 

500 

$5,000 
20,000 
10,000 


$13,920 00 

12,240 00 

505 00 

$5,500 00 
22,400 00 
10,100 00 


$12,000 00 

12,000 00 

500 00 

$5,000 00 
20,000 00 
10,000 00 




$59,500 


$64,665 00 


$59,500 00 



Bank Stock. 



First Nat'l Bank, Adams 

Adams Nat'l Bank, North Adams . 

Lee Nat'l Bank, Lee 

Berkshire Nat'l Bank, North Adams, 

Third Nat'l Bank, Pittsfield . 

First Nat'l Bank, Woburn 

Franklin Co. Nat'l B'k, Greenfield . 


$18,600 
2,300 
1,750 
7,500 
500 
2,500 
2,500 


$26,040 00 
2,990 00 
2,040 00 
8,400 00 
550 00 
3,800 00 
4,125 00 


$20,680 00 
2,300 00 
1,750 00 
7,500 00 
500 00 
3,800 00 
4,125 00 




$35,650 


$47,945 00 


$40,655 00 



286 



BANK COMMISSIONERS' REPORT. [Jan. 



SOUTHBRIDGE SAVINGS BANK — SOUTHBRIDGE. 

Incorporated April 20, 1848. Number of corporators, 84. 
Robert H. Cole, President, Treasurer, Charles D. Monroe. 

Statement. 



Liabilities. 


Assets. 


Deposits 


31,034,710 83 


Public funds 


$491,000 00 


Earnings undivided . 


20,579 20 


Loans on public funds 


20,000 00 


Guaranty fund . 


12,000 00 


Bank stock .... 


57,139 88 






Loans on bank stock . 


2,900 00 






Railroad bonds 


50,000 00 






Loans on real estate . 


197,400 00 






Loans on personal security, 


151,200 00 






Loans to counties, cities, or 








towns 


59,000 00 






Deposit in banks on interest, 


22,603 39 






Expense account . 


561 37 






Premiums .... 


13,150 00 






Steel safe .... 


1,500 00 






Casb on hand 


835 39 




31,067,290 03 


§1.067,290 03 



Loans on Public Funds : — 
On $20,000 United States bonds 

Loans on Bank Stock, amount on each : — 
On 10 shares Southbridge National Bank, Southbridge 
On 6 shares Blackstone National Bank, Boston 
On 20 shares Pacific National Bank, Boston 

Cash on Deposit in Banks, amount in each : — 
Southbridge National Bank, Southbridge . 
Maverick National Bank, Boston .... 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for I 2 per cent 

previous year ) 2 per cent 

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 : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$9,000, 31 per cent; $5,000, 4 per cent; $45,000, 4j per cent: 

$150,000, A\ per cent; $01,300, 6 per cent; $76,000, G£ per cent; 

$84,200, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 99 

Aggregate amount of the same 

Number of open accounts 2,827 

Number and amount of deposits received for previous year, 1.673 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 106 



. $20,000 00 



:! 



$700 00 

600 00 

1,600 00 



$17,000 00 
5,603 39 

$53,018 53 
18,524 90 
19,136 99 



91,000 00 

134,446 09 

56,178 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



287 



Number and amount of withdrawals 



1,016 $113,102 34 



Number of accounts opened the previous year .... 396 
Number of accounts closed the previous year .... 237 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Feb. 21. 



2,497 80 
30,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4s, 1907 



a 



a 



4|s. 1891 



City and town bonds : — 
City of Cambridge 6s 
of Charlestown 6s 
of Lynn 6s 
of Newton 6s . 
of Salem 5s 
of Somerville 6|s 
of Waterbury, Conn 
of Chelsea 6s . 
of Chelsea 4-|s . 
of Holyoke 6s . 
of Lawrence 6s 
of New Bedford 6s 
of New Bedford 5s 
of Newburyport 5s 
of Springfield 7s 
of Springfield 6s 
of Worcester 6s 
of Fall River 6s 
of Portland 6s . 
of Fitchburg 6s 
Town of Arlington 6s 
of Brookline 7s 
of Maiden 6s . 
of Northampton 6s 
of Pawtucket 5s 
of Woburn 6s 



,7s 



130,000 
135,000 



$21,000 
13,000 

8,000 

5,000 
10,000 
15,000 
10,000 
12,000 
18,000 
20,000 
10,000 

5,000 
10,000 

4,000 
10,000 

5,000 
10,000 
26,000 

9,000 

5,000 
10,000 
20,000 
20,000 
20,000 
20,000 
10,000 



$491,000 



$34,800 00 
151,300 00 



$26,540 00 
15,340 00 

9,360 00 

6,500 00 
11,900 00 
15,300 00 
13,200 00 
14,400 00 
18,900 00 
25,000 00 
12,100 00 

6,650 00 
11,400 00 

4,075 00 
11,400 00 

5,000 00 
11,900 00 
30,390 00 



9,720 00 


5,800 00 


11,800 00 


27,600 00 


24,000 00 


23,400 00 


22,400 00 


11,700 00 


$571,875 00 



$30,000 00 
137,550 00 



$22,800 00 
14,600 00 

8,400 00 

5,000 00 
10,000 00 
15,000 00 
10,000 00 
12,550 00 
18,050 00 
20,000 00 
10,000 00 

5,000 00 
10,000 00 

4,075 00 
10,000 00 

5,000 00 
11,375 00 
27,750 00 

9,000 00 

5,200 00 
10,500 00 
20,000 00 
20,000 00 
20,000 00 
22,000 00 
10,000 00 

$503,850 00 



Bank Stock. 



Blackstone Nat'l Bank, Boston 


$4,000 


$4,600 00 


$4,000 00 


Boylston Nat'l Bank, Boston . 


1,800 


2,304 00 


1,800 00 


City Nat'l Bank, Boston 


1,200 


1,524 00 


1,200 00 


Columbian Nat'l Bank, Boston 


500 


710 00 


500 00 


Freeman's Nat'l Bank, Boston 


10,000 


11,900 00 


13,400 00 


New England Nat'l Bank, Boston . 


2,200 


3,190 00 


2,200 00 


Revere Nat'l Bank, Boston 


2,500 


2,775 00 


2,500 00 



288 



BANK COMMISSIONERS' REPORT. [Jan. 



Bank Stock — Concluded. 






Par Value. 


Estimated 
Market Value. 


Amount Invested. 


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 . 


$2,000 
1,000 
5,000 
1,000 
500 
1,800 
2,000 
1,400 

13,800 


$2,800 00 
1,280 00 
6,100 00 
1,280 00 
625 00 
2,034 00 
2,400 00 
1,610 00 

18,630 00 


$2,000 00 
1,150 00 
6,050 00 
1,236 25 
635 63 
2,016 00 
2,380 00 
1,582 00 

14,490 00 




$50,700 


$63,762 00 


$57,139 88 



Railroad Bonds. 



Boston and Albany 7s 
Boston and Lowell 7s 
Boston and Maine 7s 
Old Colony 7s . 



$10,000 
20,000 
10,000 
10,000 



$50,000 



$12,700 00 
24,800 00 
12,700 00 
12,500 00 



$62,700 00 



$10,000 00 
20,000 00 
10,000 00 
10,300 00 



$50,300 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



289 



1 



SOUTH BOSTON SAVINGS BANK — SOUTH BOSTON. 

Incorporated 18G3. Number of corporators, 72. 
George E. Alden, President. Treasurer, George W. Ellis. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,045,362 10 


Public funds 


$227,435 75 


Earnings undivided . 


13,529 27 


Bank stock .... 


94,300 00 


Guaranty fund . 


22,300 00 


Railroad bonds . 


1,450 00 


Charges on mortgages, 


18 90 


Real estate .... 


61,839 38 


Earnings undivided 




Real estate by foreclosure . 


134,413 57 


reserved to meet 




Loans on real estate . 


403,346 00 


estimated losses on 




Loans on personal security, 


45,000 00 


real estate 


20,000 00 


Deposit in bank on interest, 


129,263 97 






Furniture and fixtures 


500 00 






Cash on hand 


•3,661 60 




$1,101,210 27 


$1,101,210 27 



Cash on Deposit in Bank: — 
Maverick National Bank, Boston .... 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday in 

April and October. 
The total amount of loans, with each specified rate of interest: 

$30,000, 3i percent; $11,000, 5 per cent; $20,000, 5£ per cent; 

$159,400, 6 per cent; $75,800, 0i per cent; $106,690, 7 per cent; 

$28,600, 7i per cent; $16,850, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 139 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 8,249 

Number and amount of deposits received for previous year, 5,553 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 140 

Number and amount of withdrawals .... 4,273 

Number of accounts opened the previous year .... 916 
Number of accounts closed the previous year .... 975 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Feb. 28. 

37 



$129,263 97 

$61,839 38 

61,839 38 

134,413 57 

119,900 00 

8,657 86 

2,497 14 

$61,406 91 
S 19,059 74 
I 18,964 58 



187,846 00 
5,000 00 

237,290 50 

72,877 61 
256,186 25 



5,155 85 
40,000 00 



290 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value, 


Estimated 


Amount Invested. 


t 




Market Value. 




United States bonds 


$108,500 


$111,120 62 


$108,500 00 


City and town bonds : — 








City of Bangor, Me. 


$8,000 


$9,010 00 


$7,320 00 


of Portland, Me. 




15,000 


18,150 00 


13,775 00 


of New London, Conn. 




10,000 


12,500 00 


10,000 00 


of Norwich, Conn. . 




30,000 


31,080 00 


30,000 00 


of Chelsea 




7,000 


8,400 00 


6,860 00 


of Somerville . 




10,000 


10,800 00 


10,000 00 


of Fall River . 




10,000 


12,100 00 


10,000 00 


of Brockton 




20,000 


20,400 00 


20,000 00 


Town of Everett 




1,000 


1,180 00 


980 75 


of Scituate . 




10,000 


10,000 00 


10,000 00 






$229,500 


$247,770 62 


$227,435 75 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston . 
Globe Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
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 

4,500 

2,300 

4,500 

5,000 

6,500 

2,600 

15,000 

13,300 



$94,300 



$13,875 


00 


9,656 


25 


8,550 


00 


11,800 00 


6,690 


00 


5,5S0 


00 


2,524 


25 


5,163 


75 


6,075 


00 


6,938 


75 


2,652 


00 


18,150 


00 


14,829 


50 


$112,4S4 


50 



$11,100 00 

7,500 00 

6,000 00 

10,000 00 

6,000 00 

4,500 00 

2,300 00 

4,500 00 

5,000 00 

6,500 00 

2,600 00 

15,000 00 

13,300 00 

94,300 00 



Railroad Bonds. 



New Bedford 
Eastern . 



$1,000 
1,000 



$2,000 



$1,150 00 
1,090 00 



$2,240 00 



$1,000 00 
450 00 



$1,450 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



291 



SOUTH SCITUATE SAVINGS BANK — SOUTH SCITUATE. 

Incorporated April 2, 1834. Number of corporators, 58. 
Perez Simmons, President. Treasurer, Ebenezer T. Fogg. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


8430,400 35 
1,844 82 
5,410 00 


Bank stock .... 
Keal 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 


$58,800 00 
37,257 00 

262,201 73 
33,675 00 

28,995 00 

14,830 22 

1,956 22 


- 


$437,715 17 


8437,715 17 



Cash on Deposit in Banks, amount in each : — 
Manufacturers' National Bank . . 
Commonwealth 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 .... 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 
previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : last Saturday in Au- 
gust and February. 

Average annual per cent of dividends for the term ending at time 
of and including last extra dividend: 7£ per cent. 

The total amount of loans, with each specified rate of interest: 
$15,000, A\ percent; $9,975, 5 percent; $151,655.84, 6 per cent; 
$148,210.89, 7 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3, COO each 341 

Aggregate amount of the same ........ 

Amount of investments from which no income is received 

Number of open accounts 1,161 



$9,075 99 
5,754 23 

$37,257 00 

37,257 00 

1,470 00 

302 57 

$20,123 52 
8,440 00 
8,478 81 



241,197 94 
7,200 00 



Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals . . . . . 

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: Oct. 13. 



317 33,011 87 



29 


5,761 00 


405 


36,217 06 


94 




71 




• 


1,166 00 




10,000 00 



292 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlantic Nat'l Bank, Boston . 
Columbian Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Massachusetts Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Traders' Nat'l Bank Boston 
Webster Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Eagle Nat'l Bank, Boston 
Fourth Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Union Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Hingham Nat'l Bank, Hingham 
Union Nat'l Bank, Weymouth 
Union Market N'l B'k, Watertown 



81,000 
3,200 
800 
300 
1,500 
500 
1,000 
1,700 
2,800 
2,000 
1,600 
1,800 
2,300 
2,300 
4,000 
1,400 
1,500 
4,500 
1,300 
3,000 
1,000 
1,000 
4,800 
2.800 
4,300 
2,600 



81,530 
4,544 
928 
333 
1,757 
620 
1,450 
2,550 
2,856 
2,220 
2,240 
2,286 
2,829 
2,737 
4,400 
1,792 
2,175 
6,390 
1.638 
3,840 
1,530 
1,090 
5, 80S 
2,S00 
5,160 
2,600 



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



81,300 00 
4,000 00 
800 00 
300 00 
1,500 00 
500 00 
1,000 00 
1.900 00 
2.800 00 
2,000 00 
1,600 00 
2,016 00 
2,300 00 
2,300 00 
4,000 00 
1,400 00 
1,500 00 
4,500 00 
1,300 00 
4,000 00 
1,133 00 
1,000 00 
4,800 00 
3,556 00 
4,300 00 
2,995 00 



$55,000 , $6S,103 00 $58,S00 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



293 



SOUTH WEYMOUTH SAVINGS BANK — SOUTH WEYMOUTH. 

Incorporated 1868. Number of corporators, 34. 
Josiah Reed, President. Treasurer, A. E. Vining. 

Statement. 



Liabilities 


. 


Assets. 


Deposits 


$337,090 89 


Public funds 


$10,000 00 


Earnings undivided . 


10,218 30 


Bank stock .... 


143,306 12 


Guaranty fund . 


5,000 00 


Loans on bank stock . 


7,300 00 






Real estate by foreclosure . 


22,475 00 






Loans on real estate . 


120,259 00 






Loans on personal security, 


40,991 51 






Loans to counties, cities, or 








towns 


6,000 00 






Deposit in bank on interest, 


1,229 27 






Expense account . 


314 50 






Cash on band 


433 79 




$352,309 19 


$352,309 19 



Loans on Bank Stock : — 
On 73 shares First National Bank, South Weymouth 

Cash on Deposit in Bank : — 
First National Bank, South Weymouth .... 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate .... 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2| per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: July and January. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 71 per cent. 
The total amount of loans, with each specified rate of interest: 

$1,924, 4 per cent; $13,000, 5 per cent; $15,705, 5-J- per cent; 

$125,521, 6 per cent; $15,400, 7 per cent; $3,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 140 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Oct. 5. 



$7,300 00 



$1,229 27 

$22,475 00 

18,450 00 

1,217 50 

251 88 

$20,753 46 
7,674 72 
6,406 15 



911 

464 

49 
303 
138 

70 



109,800 00 
3,000 00 

49,090 50 

26,184 33 
39,614 99 



1,115 22 
10,000 00 



294 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds : — 
City of Worcester 4-ls 
of Fall River 4s 


$5,000 
5,000 


$5,450 00 
5,200 00 


$5,000 00 
5,000 00 


• 


$10,000 


$10,050 00 


$10,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 


$4,000 


$6,120 


00 


$5,540 25 


Boston Nat'l Bank, Boston 


7,500 


9, G00 


00 


8,203 99 


Columbian Nat'l Bank, Boston 


3,900 


5,557 


50 


4,994 62 


Continental Nat'l Bank, Boston 


3,000 


3,510 


00 


8,382 75 


Commerce Nat'l Bank, Boston 


5.000 


6,400 


00 


5.000 00 


Eacfle Nat'l Bank, Boston 


1,500 


1,792 


50 


1,804 00 


Eliot Nat'l Bank, Boston 


9, GOO 


11,520 


00 


11.085 88 


Globe Nat'l Bank, Boston 


4,000 


4,400 


00 


5,014 25 


Hide and Leather Nat'l B'k, Boston, 


3,000 


3,495 


00 


3,352 50 


Howard Nat'l Bank, Boston . 


7,000 


9,100 


00 


7,5S0 00 


Market Nat'l Bank, Boston 


2,000 


2.195 


00 


2,210 00 


Manufacturers' Nat'l Bank, Boston, 


7,500 


S.250 


00 


7,23S 75 


Merchants' Nat'l Bank, Boston 


3,500 


5,110 


00 


4,575 87 


North America Nat'l Bank, Boston. 


G.000 


6,840 


00 


G,530 25 


Shawrnut Nat'l Bank, Boston . 


10,000 


12,750 


00 


11,S53 00 


Second Nat'l Bank, Boston 


2,000 


3,030 


00 


2.915 00 


Suffolk Nat'l Bank, Boston . 


1,800 


2.250 


00 


2,181 75 


New England Nat'l Hank, Boston . 


4,000 


5.S20 


00 


5,450 50 


Revere Nat'l Bank, Boston 


4.500 


5,490 


00 


5,445 00 


Redemption Nat'l Bank, Boston 


7,500 


10,125 


00 


9,541 50 


Republic Nat'l Bank, Boston . 


4,000 


5.240 


00 


5,077 50 


Shoe and Leather Nat'l I'.'k, Boston, 


5.000 


5,025 


00 


5,925 00 


Tremont Nat'l Bank, Boston ' . 


3.700 


4.514 


00 


4,044 02 


Webster Nat'l Bank, Boston . 


8,000 


9,n89 


00 


9,045 14 


S. Weymouth N'l B'k, S. Weym'th, 


4,000 


5,400 


00 


4,051 00 




$122,000 


$153,S13 


00 


$143, 30G 12 






1882.] 



PUBLIC DOCUMENT — No. 8. 



295 



SPENCER SAVINGS BANK - SPENCER. 

Incorporated 1871. Number of corporators, 26. 
Erastus Jones, President. Treasurer, Walter L. Demond. 

Statement. 



Liabilities 




Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$297,184 40 
5,574 53 
2,850 00 


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 bank on interest, 
Expense account 
Premiums .... 


$36,000 00 

27,700 00 

7,000 00 

5,000 00 

121,205 00 

40,685 00 

57,750 00 

4,088 81 

408 50 

5,771 62 




$305,608 93 


$305,608 93 



Loans on Bank Stock : — 
On 70 shares Spencer National Bank 

Cash on Deposit in Bank: — 
Spencer National Bank 



$7,000 00 
$4,088 81 



Whole amount of interest or profits received or earned . . . $14,215 82 
Rate and amount of each semi-annual dividend for I 2 per cent . j 4,862 15 

previous year > 2 per cent . I 5,181 08 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest: 

$44,500, U per cent; $4,000, 5 per cent; $121,205, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .108 

Aggregate amount of the same 100,480 00 

Number of open accounts 1,162 

Number and amount of deposits received for previous year, 1,222 82,196 52 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 59 21,760 00 

Number and amount of withdrawals 613 56,990 21 

Number of accounts opened the previous year .... 328 
Number of accounts closed the previous year .... 170 
Amount of expenses of the corporation during previous year . 900 00 

Amount of treasurer's bond 20,000 00 

Date of examination by commissioner: July 5. 



296 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 



9 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 

City and town bonds : — 
City of Lynn 5s, 1905 . 

of New Bedford 4s, 1890 . 

of Belfast, Me., 6s, 1885 . 

of Bangor, Me., 7s, 1899 . 

of Springfield, 7s, 18S4 . 
Town of Northampton 6s, 1892 


$12,000 

$10,000 
5,000 
3,000 
3,000 
2,000 
1,000 


$13,920 00 

$11,650 00 
5,150 00 
3,030 00 
3,570 00 
2,100 00 
1,130 00 


$12,000 00 

' $10,000 00 
5,000 00 
3,000 00 
3,000 00 
2,000 00 
1,000 00 




$36,000 


$10,550 00 


$36,000 00 



Bank Stock. 



State Nat'l Bank, Boston 


$1,500 


$1,882 


50 


$1,500 00 


North Nat'l Bank, Boston 


2.000 


2,842 


50 


2,000 00 


Commonwealth Nat'l Bank, Boston, 


5,600 


6,722 


SO 


5,600 00 


Redemption Nat'l Bank, Boston 


600 


710 


87 


600 00 


Hide and Leather Nat'l B'k, Boston, 


300 


317 


50 


300 00 


Webster Nat'l Bank, Boston . 


1,100 


1,226 


50 


1,100 00 


First Nat'l Bank, Worcester . 


1,200 


1,680 


00 


1,200 00 


Mechanics' Nat'l Bank, Worcester . 


2,500 


2,925 


00 


2,500 00 


Central Nat'l Bank, Worcester 


500 


800 


00 


500 00 


First Nat'l Bank, Webster 


2,500 


2,750 


00 


2,500 00 


Spencer Nat'l Bank, Spencer . 


8,500 


9,350 


00 


8,500 00 


Leicester Nat'l Bank, Leicester 


1,400 


1,580 


00 


1,400 00 




$27,700 


$32,817 


67 


$27,700 00 



Railroad Bonds. 



Eastern 




$5,500 00 



$5,000 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



297 



SPRINGFIELD FIVE CENTS SAVINGS BANK — SPRINGFIELD. 

Incorporated 1854. Number of corporators, 32. 

Joseph C. Pynchon, President. Treasurer, Daniel J. Marsh. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,477,352 64 


Public funds .... 


$208,500 00 


Earnings undivided . 


4,446 17 


Bank stock .... 


90,200 00 


Guaranty fund . 


16,000 00 


Loans on bank stock . 


7,810 00 






Real estate .... 


139,721 94 






Real estate by foreclosure . 


115,975 00 






Loans on real estate . 


664,850 00 






Loans on personal security, 


218,750 00 






Deposit in banks on interest, 


25,215 43 






Personal property 


6,000 00 






Premium account 


4,732 50 






Profit and loss 


13,698 57 






Cash on band 


2,345 37 


- 


$1,497,798 81 


$1,497,798 81 



Loans on Bank Stock, amount on each: — 
On 20 shares City of Springfield National Bank and 10 shares Cha- 

pin National Bank, Springfield 

On 34 shares First National Bank, Springfield 

On 25 shares City of Springfield National Bank . . . . 
On 20 shares City of Holyoke National Bank 



Cash on Deposit in Banks, amount in each : — 
Agawam National Bank, Springfield 
Second National Bank, Springfield . 
City National Bank, Springfield .... 
Pynchon National Bank, Springfield . 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$3,000 00 

2,200 00 

2,500 00 

110 00 



$5,039 58 
8,000 00 
5,500 00 
6,675 85 

$139,721 94 

139,721 94 

115,975 00 

98,050 00 

9,063 82 

2,319 37 

$66,158 51 



j 25,828 83 
I 26,816 61 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 15 and July 15. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$236,560, 5 per cent; $654,850, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 166 

Aggregate amount of the same 233,810 00 

38 



298 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of investments from which no income is received 

Number of open accounts 5,827 

Number and amount of deposits received for previous year, 5,863 
Number and amount of deposits of and exceeding $300 at any- 



one time for the previous year 

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: Oct. 16. 

Public Funds. 



306 
3,335 
1,293 

862 



$15,900 00 

436,4S4 72 

176,015 73 
316,295 59 



4,819 85 
30,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested 



United States 6s, 1881, registered 
" " 4s, continued 

" " 4s,. registered 

" " 4±s, continued . 

City bonds: — 
City of Springfield water bonds 



; 50,000 

50,200 

700 

600 



$7,000 



$151,500 00 

58,232 00 

812 00 

678 00 



$8,050 00 



$150,000 00 

50,200 00 

700 00 

600 00 



$7,000 00 



$208,500 $219,272 00 $208,500 00 



Bank Stock. 



Agawam Nat'l Bank, Springfield . 


$12,000 


$15,000 00 


$12,000 00 


Chapin Nat'l Bank, Springfield 


12,000 


15,000 00 


12,000 00 


John Hancock Nat'l B'k, Springfi'd, 


11,500 


13,800 00 


11,500 00 


Pynchon Nat'l Bank, Springfield 


10,900 


17,500 00 


10,900 00 


City Nat'l Bank, Springfield . 


5,000 


6,000 00 


5,000 00 


Second Nat'l Bank, Springfield 


4,800 


7,920 00 


4,800 00 


Chicopee Nat'l Bank, Springfield 


7,000 


10,500 00 


7,000 00 


City Nat'l Bank, Worcester 


5,600 


6,440 00 


5,600 00 


Ware Nat'l Bank, Ware . 


5,500 


6,050 00 


5,500 00 


Monson Nat'l Bank, Monson . 


1,000 


1,500 00 


1,000 00 


Hadley Falls Nat'l Bank, Holyoke . 


1,500 


2,250 00 


1,500 90 


Shoe and Leather Nat'l B'k, Boston, 


2,500 


2,875 00 


2,500 00 


Hide and Leather Nat'l B'k, Boston, 


3,500 


3,875 00 


3,500 00 


State Nat'l Bank, Boston 


3.600 


4,372 00 


3,600 00 


First Nat'l Bank, Chicopee 


3,800 


5,700 00 


3,800 00 




$90,200 


$118,782 00 


$90,200 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



299 



SPRINGFIELD INSTITUTION FOR SAVINGS — SPRINGFIELD. 

Incorporated 1827. Number of corporators, 67. 
James M. Thompson, President. Treasurer, Henry S. Lee. 

Statement. 



Liabilities 




Assets. 


Deposits 


$7,348,134 17 


Public funds 


$2,679,300 00 


Earnings undivided . 


09,442 04 


Loans on public funds 


21,150 00 


Guaranty fund . 


90,000 00 


Bank stock .... 


708,(500 00 






Loans on bank stock . 


98,150 00 






Railroad bonds . 


363,000 00 






Loans on railroad stocks 


29,400 00 






Real estate . 


104,500 00 






Real estate by foreclosure 


79,750 00 






Loans on real estate . 


2,229,750 00 






Loans on personal security 


335,130 55 






Loans to counties, cities, oi 








towns .... 


360,500 00 






Deposit in banks on interes 


t, 329,037 63 






Premium account 


96,605 67 






Casb on band 


72,702 36 




$7,507,576 21 


$7,507,576 21 






Loans on Public Funds, amount on each: — 

On $11,100 United States 4s, 1907 

On $15,300 United States 4*3, 1891 . . . . 

On $3,000 City of Portsmouth, N.H., 6s .... 

Loans on Bank Stock, amount on each : — 
On 318 shares First National Bank, Springfield 
On 71 shares Second National Bank, Springfield 
On 50 shares Third National Bank, Springfield 
On 49 shares Agawam National Bank, Springfield . 
On 10 shares Chapin National Bank, Springfield . 
On 104 shares Chicopce National Bank, Springfield 
On 175 shares City National Bank, Springfield 
On 61 shares John Hancock National Bank, Springfield 
On 16 shares Pynchon National Bank, Springfield . 
On 30 shares Holyoke National Bank, Holyoke 
On 8 shares Hadley Falls National Bank, Holyoke 
On 20 shares Northampton National Bank, Northampton 
On 10 shares Hampshire County National Bank, Northampton 
On 10 shares First National Bank, Amherst . 
On 10 shares Franklin County National Bank, Greenfield 
On 28 shares First National Bank, Westfield . 
On 25 shares Lee National Bank, Lee .... 
On 20 shares National Bank of Redemption, Boston 

Cash on Deposit in Banks, amount in each: — 

Agawam National Bank, Springfield 

City National Bank, Springfield 

Chicopee National Bank, Springfield 



$7,850 00 

10,300 00 

3,000 00 



$24,500 00 

7,100 00 

5,000 00 

5,500 00 

1,000 00 

17,300 00 

17,550 00 

4,000 00 

1,550 00 

3,000 00 

800 00 

800 00 

1,000 00 

900 00 

1,000 00 

2,800 00 

1,750 00 

2,000 00 

$40,000 00 
90,000 00 
27,000 00 



300 



BANK COMMISSIONERS' REPORT. 



[Jan. 



$25,000 00 

5,000 00 

5,000 00 

50,000 00 

20,000 00 

55,000 00 

10,000 00 

554 00 

1,483 63 

$104,500 00 

104,500 00 

79.750 00 

70,100 00 

1,885 50 

1,866 25 

$382,995 86 
\ 130,768 17 
I 135,828 99 



John Hancock National Bank, Springfield 
Second National Bank, Springfield . 
Palmer National Bank, Palmer . 
First National Bank, Northampton . 
Hampshire Connty National Bank, Northampton 
Franklin County National Bank, Greenfield 
Wachusett National Bank, Fitchburg 
Blackstone National Bank, Boston 
Maverick National Bank, Boston 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$2,000, 3£ per cent; $9S,500, 4 per cent; $10,000, A\ per cent; 

$65,000, 4£ percent; $445,8S0.55, 5 per cent; $2,257,700, 6 per 

cent; $25,000, 6| per cent; $170,000, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 671 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 1,450 

Number and amount of withdrawals .... 12.042 1,35S,977 93 

Number of accounts opened the previous year . . . 3,57S 

Number of accounts closed the previous year . . . 2.278 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Sept. 27. 



. 838,300 00 
34,450 00 
IS. 540 
18,229 1,710,986 96 



956,017 58 



12,776 24 
30,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds 

State, city, and town bonds: — 
State of Maine 

of New Hampshire 
of Massachusetts . 



#1,225,800 



1118,500 

160,500 

89,500 



$1,335,799 00 #1,306,300 00 



$132,720 00 
1S5,5S0 00 
102,030 00 



$128,500 00 

172,500 00 

94,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



301 



Public Funds — Concluded. 





Tar Value. 


Estimated 
Market Value. 


AmountTnvested. 


State of Rhode Island 


$5,000 


$5,300 00 


$5,000 00 


of C necticut 




17,000 


18,080 00 


17,000 00 


City of Bangor, Me., 7s . 




5,000 


5,800 00 


5,000 00 


of Bangor, Me., 6s . 






5,000 


6,000 00 


5,000 00 


of Charlestown 6s . 






5,000 


5,900 00 


5,000 00 


of Boston 6s 






20,000 


24,000 00 


20,000 00 


of Cambridge 6s 






45,000 


51,750 00 


45,000 00 


of Chelsea 6s . 






25,000 


28,750 00 


25,000 00 


of Fitchburg 6s 






10,000 


11,400 00 


10,000 00 


of Holyoke 6s . 






31,000 


37,200 00 


31,000 00 


of Holyoke 7s . 






50,000 


60,000 00 


50,000 00 


of Lawrence 6s 






10,000 


12,000 00 


10,000 00 


of Lowell 6s 






10,000 


11,700 00 


10,000 00 


of Lynn 6s 






20,000 


23,400 00 


20,000 00 


of New Bedford 6s . 






6,000 


7,200 00 


6,000 00 


of New Bedford 7s . 






50,000 


65,000 00 


55,000 00 


of Newbury port 6s . 






5,000 


5*350 00 


5,000 00 


of Newton 6s . 






35,000 


42,000 00 


35,000 00 


of Newton 5s . 






5,000 


5,600 00 


5,000 00 


of Springfield 6s 






43,000 


46,440 00 


43,000 00 


of Springfield 7s 






167,000 


212,090 00 


167,000 00 


of Taunton 6s . 






20,000 


23,400 00 


20,000 00 


of Worcester 6s 






35,000 


42,000 00 


35,000 00 


of Somerville 5s 






10,000 


10,500 00 


10,000 00 


of Providence, R.I., 5s 




10,000 


11,600 00 


10,000 00 


of Providence, R.I. , 6s 




40,000 


50,000 00 


44,000 00 


of Hartford, Conn., 6s 




86,000 


95,460 00 


86,000 00 


of Meriden, Conn., 6s 




5,000 


5,600 00 


5,000 00 


of Middletown, Conn., 6s 


7,000 


7,490 00 


7,000 00 


of New Haven, Conn., 5s 


11,000 


11,550 00 


11,000 00 


of New Haven, Conn., 6s 


5,000 


5,600 00 


5,000 00 


of New Haven, Conn., 7s 


22,000 


28,600 00 


22,000 00 


of Norwich, Conn., 5s 


5,000 


5,250 00 


5,000 00 


of Norwich, Conn., 7s 


20,000 


25,000 00 


20,000 00 


of Waterbury, Conn., 7s 


14,000 


16,240 00 


14,000 00 


Town of Pittsfield 4£s . 


30,000 


31,200 00 


30,000 00 


of Brookline 5s 


• • • 


15,000 


16,200 00 


15,000 00 


of Brookline 6s 


• • • 


5,000 


5,700 00 


5,000 00 


of Brookline 7s 


• • • 


10,000 


13,000 00 


10,000 00 


of Greenfield 5s 


• • • 


50,000 


52,000 00 


50,000 00 




$2,563,300 


$2,897,479 00 


$2,679,300 00 


Bank Stock. 


First Nat'l Bank, Springfield . 


$43,600 


$65,400 00 


$53,300 00 


Second Nat'l Bank, Springfield 


30,800 


53,900 00 


38,000 00 


Third Nat'l Bank, Springfield . 


34,700 


62,460 00 


49,700 00 


Agawam Nat'l Bank, Springfield 


23,000 


29,900 00 


23,000 00 


Chapin Nat'l Bank, Springfield 


15,000 


18,000 00 


15,000 00 


Chicopee Nat'l Bank, Springfield . 


48,500 


72,750 00 


58,300 00 



302 



BANK COMMISSIONERS' REPORT. [Jan. 



Bank Stock — Concluded. 



Tar Value. 



Estimated 
Market Value. 



Amount Invested. 



City Nat'l Bank, Springfield . 
John Hancock Nat'l B'k, Springfi'd, 
Pynchon Nat'l Bank, Springfield 
Franklin Co. Nat'l B'k, Greenfield 
First Nat'l Bank, Adams 
First Nat'l Bank, Chicopee 
First Nat'l Bank, Easthampton 
Wachusett Nat'l Bank, Fitch burg 
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, Northam'n 
Northampton N'l B'k, Northam'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'l Bank, Boston 
Second Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Howard Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston, 
North America Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Eagle Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Revere Nat'l Bank, Boston 
Union Nat'l Bank, Bostou 
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 . 



$17,000 

15,700 

30,000 

4,600 

1,700 

21,000 

1,500 

5,000 

3,400 

3,000 

10,000 

3,900 

2,000 

3,000 

4,500 

5,000 

2,500 

2,500 

1,300 

500 

5,000 

20,000 

10,000 

15,000 

15,000 

10,000 

3,000 

20,000 

15,000 

13,300 

15,000 

2.500 

3,700 

2,000 

17,500 

25,000 

15,000 

5,000 

2,000 

3,400 

15,000 

4,300 

20,000 

7,000 

10.000 

7,500 

5,000 

15,000 

3,000 

7,500 



$645,400 



$22,100 00 

18,055 00 

51,000 00 

8,188 00 

2.499 00 
32,550 00 

1,875 00 
10,000 00 

5,100 00 

3,450 00 
11,000 00 

5,655 00 

2.500 00 
3,450 00 
8,100 00 
6,000 00 
3,000 00 
3,750 00 
2,184 00 

760 00 

10,400 00 

30,200 00 

15,300 00 

1S,750 00 

17,250 00 

14,300 00 

3,600 00 

24,000 00 

18,600 00 

17,290 00 

22,050 00 

3,175 00 

4,730 00 

2, 4S0 00 

20,125 00 

33,750 00 

19,050 00 

6,000 00 

2,8S0 00 

4,012 00 

18,300 00 

6,579 00 

28,400 00 

8.540 00 

12,700 00 

9,375 00 

6,050 00 

IS, 300 00 

4,200 00 

8.400 00 



$912, 41S 00 



$17,000 00 

15,700 00 

43,500 00 

4,600 00 

1,700 00 

25,000 00 

1,500 00 

5,000 00 

3,400 00 

3,000 00 

10,000 00 

3,900 00 

2,000 00 

3,000 00 

4,500 00 

5,000 00 

2,500 00 

2,500 00 

1,300 00 

500 00 

5,000 00 

20,000 00 

10,000 00 

15,000 00 

15,000 00 

10,000 00 

3,000 00 

20,000 00 

15,000 00 

13,300 00 

15.000 00 

2,500 00 

3,700 00 

2,000 00 

17,500 00 

25,000 00 

15,000 00 

5,000 00 

2,000 00 

3,400 00 

15,000 00 

4,300 00 

24,000 00 

7.000 00 

10,000 00 

7,500 00 

5,000 00 

15,000 00 

3,000 00 

7,500 00 



$708,600 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



303 



Railroad Bonds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Albany 6s 

Boston and Albany 7s 

Boston and Maine 7s 

Connecticut River .... 


$140,000 

60,000 

25,000 

130,000 


$161,000 00 

76,200 00 

31,750 00 

130,000 00 


$140,000 00 

63,000 00 

30,000 00 

130,000 00 


• 


$355,000 


$398,950 00 


$363,000 00 



304 



BANK COMMISSIONERS' REPORT. 



[Jan. 



STOCKBRIDGE SAVINGS BANK — STOCKBRIDGE. 

Incorporated 1871. Number of corporators, 17. 
Mason Van Deusen, President. Treasurer, C. H. Willis. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 

Premium 


$104,381 75 

776 83 

705 59 

62 13 


Public funds 
Loans on public funds 
Bank stock .... 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Deposit in bank . 
Casli on band 


$1,820 00 

200 00 

8,332 50 

2,645 00 

72,296 13 
9,552 00 
4,302 50 
6,778 17 




$105,926 30 


$105,926 30 



Loans on Public Funds: - 
On $200 United States 6s . 

Cash on Deposit in Bank : 
Housatonic National Bank 



$200 00 



$4,302 50 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ( 2^ per cent 

previous year ) 24- per cent 

Times for the dividends fixed by the by-laws : first Thursday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$37,587.13, 6 per cent; $13,842, 7 per cent; $30,619, 7ft per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year ...... 

Number and amount of withdrawals 

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

Amount of treasurer's bond 

Date of examination by commissioner : Aug. 2. 



:l 



142 



$2,645 00 


1,350 00 


212 50 


14 45 


$5,281 44 


1,477 15 


1,906 97 



• 


62.048 13 


334 




371 


55,967 73 


64 


38.828 77 


156 


14,440 40 


130 




47 




• 


S06 83 


• 


15,000 00 



1882.] 



PUBLIC DOCUMENT — JSTo. 8. 



305 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Town bonds : — 
Town of Adams 


$2,000 


$2,360 00 


$1,820 00 


Bank 


Stock. 






First Nat'l Bank, Adams 
First Nat'l Bank, Woburn 


$2,500 
3,500 


$3,625 00 
5,362 50 


$2,970 00 
5,362 50 


* 


$6,000 


$8,987 50 


$8,332 50 



39 



306 



BANK COMMISSIONERS' REPORT. 



[Jan. 



STONEHAM FIVE CENTS SAVINGS BANK — STONEHAM. 

Incorporated 1855. Number of corporators, 47. 

Lyman Dike, President. Treasurer, Onslow Gilmore. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$330,997 08 ! 


Public funds 


$95,000 00 


Earnings undivided . 


9,760 34 | 


Railroad bonds 


10,000 00 


Guaranty fund . 


5,611 85 1 


Real estate by foreclosure . 


20,598 00 






Loans on real estate . 


132,564 73 






Loans on personal security, 


3,100 00 






Loans to counties, cities, or 








towns 


72,000 00 






Deposit in bank on interest, 


10,781 39 






Expense account . 


1,768 53 






Cash on hand 


556 62 




$346,369 27 


$346,369 27 



Cash on Deposit in Bank : — 
Blackstone National Bank, Boston 



. $10,781 39 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2{ per cent 

previous year ) 2 per cent . 

Times for the dividends fixed by the by-laws : May and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4£ per cent. 
The total amount of loans, with each specified rate of interest: 

$105,000, 4 per cent; $10,000, 4£ per cent; $32,000, 5 percent; 

$50,700, 6 per cent; $5,000, 6£ per cent; $109,904.73, 7 per cent. 
Number of outstanding loans which are of an amount not 



exceeding $3,000 each 

Aggregate amount of the same ...... 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year .... 
Number and amount of withdrawals .... 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : May 9. 



130 



1,487 
1,695 

90 
941 
332 
220 



$20,598 00 

28,150 00 

800 00 

434 15 

$16,392 02 

5,888 27 
5,598 37 



108,264 73 
525 00 

119,857 75 

50,350 00 
S8,326 51 



1.120 00 
15.000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



307 



Public 


Funds. 








Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds: — 
City of Somerville 6^s 
of Haverhill (3s 
of Boston 4s . 
of New Bedford 4s . 
Town of Arlington 6s 

of Sheldon, Vt., 4 Js . 


$5,000 
5,000 
45,000 
20,000 
10,000 
10,000 


$5,500 00 
5,650 00 
46,800 00 
20,500 00 
11,300 00 
10,400 00 


$5,100 00 
5,500 00 
45,000 00 
20,500 00 
11,000 00 
10,400 00 




$95,000 


$100,150 00 


$97,500 00 



Railroad Bonds. 



Boston, Clinton, and Fitchburg 




$11,700 00 



$11,487 00 



308 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SUFFOLK SAVINGS BANK FOR SEAMEN AND OTHERS — BOSTON. 

Incorporated 1833. Number of corporators, 168. 
Thomas Lamb, President. Treasurer, Charles Henry Parker. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$15,009,648 25 


Public funds 


$1,042,000 00 


Earnings undivided . 


73,816 46 


Loans on public funds 


260,000 00 


Guaranty fund . 


157,825 41 


Bank stock .... 


658,345 24 


Note payable 


30,000 00 


i Loans on bank stock . 


2,000 00 


Rents .... 


4,409 53 


Railroad bonds . 


625,968 00 


Premium account 


19,201 67 


Real estate .... 


180,000 00 






Real estate by foreclosure . 


121,434 21 






Loans on real estate . 


4,657,262 25 






Loans on personal security,* 


6,583,250 00 






Loans to counties, cities, or 








towns 


90,000 00 






Deposit in banks on interest, 


953,867 74 






Deposit in banks without 








interest .... 


27,215 64 






Expense account . 


2,086 83 






Cash on hand 


91,471 41 




$ 15,294,901 32 


315,294,901 32 



Loans on Public Funds, amount on each: — 

On $17,000 United States 4s 

On $31,000 United States 4£s 

On $142,000 United States 3|s 

On $50,000 certificates of deposit, temporary .... 

On $20,000 City of Boston 6s 20,000 00 



► $240,000 00 



Loans on Bank Stock : — 
On 25 shares Mechanics' National Bank, Boston 

Cash on Deposit in Banks, amount in each : — 

Revere National Bank 

Shawmut National Bank 

Exchange National Bank ...... 

First National Bank, Newbury port .... 

Wachusett National Bank, Fitchburg 

Market National Bank, 

Columbian National Bank 

New England National Bank 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned 



$2,000 00 



$125,879 06 
109.060 64 
338,928 04 
40,000 00 
50,000 00 
100,000 00 
105,195 31 
112.020 33 



$180,000 00 

180,000 00 

121,431 21 

145.400 00 

0.764 21 

5,421 01 

$670,446 90 



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






1882.] 



PUBLIC DOCUMENT — No. 8. 



309 



Rate and amount of each semi-annual dividend for ) 2 per cent . ( $264,432 52 

previous year ) 1£ per cent . ( 206,793 68 

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: 5too P er cent. 
The total amount of loans, with each specified rate of interest: 
$240,000, 2£ per cent; $340,000, 3 per cent; $1,385,000, 3£ per 
cent; $200,000, 3| per cent; $1,923,800, 4 per cent; $1,955,962.25, 
4J per cent; $30,000, 4f per cent; $2,387,700, 5 per cent; $668,500, 
5* per cent; $2,086,600, 6 per cent; $64,500, 6i per cent; $310,450, 
7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 75 

Aggregate amount of the same 177,500 00 

Amount of investments from which no income is received . . 22,197 50 

Number of open accounts 35,924 

Number and amount of deposits received for previous year, 36,716 3,737,274 24 
Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 3,309 1,836,741 00 



Number and amount of withdrawals . 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : Nov. 25. 



24,074 2,778,741 11 
7,513 



4,055 



25,874 86 
20,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4s 
f< it 

It (C 



4is 



5s, extended 3^s 



City bonds: — 
City of Worcester 6s 

of New Bedford 6s . 
of Manchester, N.H., 5s 



$500,000 
300,000 
200,000 



$20,000 
10,000 
12,000 



$1,042,000 



$580,625 00 
339,000 00 
204,000 00 



$21,650 00 
12,400 00 
12,270 00 



$1,169,945 00 



500,000 00 
300,000 00 
200,000 00 



$20,000 00 
10,000 00 
12,000 00 



$1,042,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 


$8,500 


$13,047 50 


$12,601 25 


Atlas Nat'l Bank, Boston 


65,400 


81,750 00 


66,112 50 


Bay State Nat'l Bank, Lawrence 


13,125 


21,175 00 


13,125 00 


Boylston Nat'l Bank, Boston . 


3,000 


3,840 00 


3,375 00 


City Nat'l Bank, Boston . 


21,100 


26,797 00 


22,199 87 


Columbian Nat'l Bank, Boston 


49,200 


70,110 00 


49,200 00 


Commerce Nat'l Bank, Boston 


16,900 


21,758 75 


17,289 50 



310 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Continental Nat'l Bank, Boston 


$13,800 


$16,370 25 


$15,750 00 


Eagle Nat'l Bank, Boston 


46,100 


55,204 75 


47,525 00 


Freeman's Nat'l Bank, Boston 


4,800 


5,748 00 


5,698 87 


Hamilton Nat'l Bank, Boston . 


15,000 


16,950 00 


15.000 00 


Hide and Leather Nat'l B'k, Boston, 


21,100 


24,581 50 


24,064 25 


Howard Nat'l Bank, Boston . 


15,000 


19,518 75 


17,650 00 


Market Nat'l Bank, Boston 


15,000 


16,462 50 


15,000 00 


Merchants' Nat'l Bank, Boston 


65,800 


96,227 50 


71,143 50 


Massachusetts Nat'l Bank, Boston . 


5,000 


6,200 00 


5,000 00 


New England Nat'l Bank, Boston . 


1,100 


1,600 50 


1,100 00 


Railroad Nat'l Bank, Lowell . 


5,000 


6,137 50 


5,000 00 


Redemption Natl Bank, Boston 


15,000 


20,268 75 


19,962 50 


Republic Nat'l Bank, Boston . 


10,000 


13,100 00 


12,750 00 


Revere Nat'l Bank, Boston 


40,000 


48,800 00 


41,893 75 


Shawmut Nat'l Bank, Boston . 


24,400 


31,110 00 


26,721 25 


Shoe and Leather Nat'l B'k, Boston, 


11,100 


12,487 50 


11,221 00 


State Nat'l Bank, Boston 


13,300 


16,691 50 


13,648 00 


Suffolk Nat'l Bank, Boston . 


13,000 


16,575 00 


16,348 75 


Tremont Nat'l Bank, Boston . 


18,700 


22,814 00 


20,481 00 


Union Nat'l Bank, Boston 


10,000 


15,350 00 


10.000 00 


Washington Nat'l Bank, Boston 


15,000 


21,000 00 


15,000 00 


Webster Nat'l Bank, Boston . 


61,700 


6S,795 50 


63,484 25 




$617,725 


$790,471 75 


$658,345 24 



Railroad Bonds. 



Old Colony 6s . 
Fitchburg 5s . 



$200,000 
384,000 



$235,000 00 
409,440 00 



$5S4,000 $644,440 00 



$200,000 00 
425,968 00 



$625,968 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



311 



TAUNTON SAVINGS BANK — TAUNTON. 

Incorporated 1869. Number of corporators, 112. 

John E. Sanford, President. Treasurer, Henry R. Wood. 

Statement. 



Liabilities 




Assets. 


Deposits 


$1,173,358 52 


Public funds 


$240,013 74 


Earnings undivided . 


60,553 33 


Loans on public funds 


500 00 


Guaranty fund . 


16,899 59 


Bank stock 


100,208 12 


Suspense account 


5,353 55 


Loans on bank stock . 


100 00 


Manufacturing stock,* 


3,685 00 


Loans on railroad stock 


150 00 






Real estate by foreclosure . 


42,561 86 






Loans on real estate . 


533,659 47 




i 


Loans on personal security, 


334,354 96 






Deposit in banks on interest, 


666 12 






Expense account . 


1,225 09 






Furniture account 


3,173 89 






Loans on bank books . 


500 00 






Cash on hand 


2,736 74 




$1,259,849 99 


$1,259,849 99 



$500 00 



$100 00 



$150 00 



Loans on Public Funds : — 
On $500 United States 4s, registered bonds 

Loans on Bank Stock : — 
On 1 share Taunton National Bank, Taunton . 

Loans on Railroad Stock : — 
On 2 shares Boston and Providence Railroad . 

Cash on Deposit in Banks, amount in each : — 
Taunton National Bank, Taunton 
Maverick National Bank, Boston 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 
previous year ) 2 per cent 

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

The total amount of loans, with each specified rate of interest 
$25,000, 4 percent; $50,000, A\ per cent; $110,000, A\ per cent 
$137,500, 5 percent; $10,000, 5| percent; $27,100, h\ per cent: 
$451,119.43, 6 per cent; $27,270, 6£ per cent; $18,450, 7 per cent; 
$8,835, 7£ per cent; $3,900, 8 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 235 

Aggregate amount of the same 246,834 47 

Number of open accounts 

Number and amount of deposits received for previous year, 



$717 74 


666 12 


$42,561 86 


31,410 00 


2,136 50 


426 76 


$67,503 39 


23,012 95 


22,502 07 



3,390 



1,228 171,583 88 

* Tbia is a liability on account of stock of the Sagamore and Border City Mills, Fall River, 
taken to secure personal indebtedness. 






312 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of and exceeding $300 at any- 



one time for the previous year 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 



176 $108,388 23 
1,936 
. 394 
. 428 



219,380 47 



Amount of expenses of the corporation during previous year . 3,835 17 

Amount of treasurer's bond 30,000 00 

Date of examination by commissioner : June 20. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4is .... 


$173,000 


$195,490 00 


$177,544 49 


" " 6s, currency 


15,000 


19,500 00 


18,006 25 


State and city bonds : — 








State of Maine 6s . 


$1,000 


$1,135 00 


$1,135 00 


of New Hampshire 6s 




1,000 


1,200 00 


1,165 00 


of Massachusetts 5s 




3,000 


3,383 10 


3,330 00 


City of Taunton 5s . 




19,900 


22,487 00 


21,003 00 


of Taunton 5s . 




4,500 


4,860 00 


4,680 00 


of Taunton 6s . 




2,000 


2,440 00 


2,290 00 


of Taunton 6s . 




500 


500 00 


510 00 


of New Bedford 4s . 




10,000 


10,350 00 


10,350 00 






$229,900 


$261,345 10 


$240,013 74 



Bank Stock. 



Merchants' Nat'l B'k,New Bedford, 
Commerce Nat'l B'k, New Bedford 
First Nat'l Bank, New Bedford 
Atlas Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Pacific Nat'l Bank, Boston 
Taunton Nat'l Bank, Taunton 
Bristol Co. Nat'l Bank, Taunton 
Machinists' Nat'l Bank, Taunton 



&20,000 

10,200 

1,700 

5,500 

10,000 

20,000 

10,900 

3,400 

900 



$82,600 



$32,400 00 


14,178 


00 


2,278 


00 


6,875 


00 


12,300 


00 


21,000 


00 


16,895 


00 


5,270 


00 


1,440 


00 


$112,636 00 



$27,200 

12,311 

2,211 

6,208 

11,362 

21,000 

14,250 

4,405 

1,260 



00 
00 
01 
61 
50 
00 
00 
00 
00 



$100,208 12 



1882.] 



PUBLIC DOCUMENT— No. 8. 



813 



TEMPLETON SAVINGS BANK — TEMPLETON. 

Incorporated April 19, 1871. Number of corporators, 59. 

Charles A. Perley, President. . Treasurer, Asa Hosmer. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$134,552 01 

735 75 

1,206 24 


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


$4,680 00 
74,234 00 
15,225 00 

35,000 00 

7,000 00 

355 00 




$136,494 00 


$136,494 00 



Cash on Deposit in Banks, amount in each : • 
National Bank of the Commonwealth, Boston 
Miller's Kiver National Bank, Athol . 



Whole amount of interest or profits received or earned . 

Bate and amount of each semi-annual dividend for I 1\ per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 3| per cent; $10,000, 4 per cent; $25,000, 5 per cent; 

$84,459, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 121 

Aggregate amount of the same . 

Number of open accounts 526 

Number and amount of deposits received for previous year . 409 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 49 

Number and amount of withdrawals 162 

Number of accounts opened the previous year .... 141 
Number of accounts closed the previous year .... 46 
Amount of expenses of the corporation during previous year 

Amount of treasurer' s bond 

Date of examination by commissioner: June 24. 

Bank Stock. 



$7,000 00 
163 28 

$6,279 23 
2,354 84 
2,157 46 



74,359 00 
55,563 06 

31,380 07 

20,472 05 



367 32 
10,000 00 





Par Vulue. 


Estimated 
Market Value. 


Amount Invested. 


First Nat'l Bank, Orange 
First Nat'l Bank, Gardner 


$3,000 
1,200 


$3,300 00 

1,680 00 


$3,000 00 
1,680 00 




$4,200 


$4,980 00 


$4,680 00 



40 



314 



BANK COMMISSIONERS' REPORT. [Jan. 



UNION INSTITUTION FOR SAVINGS IN THE CITY OF BOSTON — 

BOSTON. 

Incorporated 1865. Number of corporators, 38. 

Hugh O'Brien, President. Treasurer, George F. Emery. 

Statement. 



Liabilities 


, 


Assets. 




Deposits 

Earnings undivided . 
Guaranty fund . 
Mortgage and interest 
suspense . 


52,533,840 34 
38,825 64 
45,191 00 

253 26 


Public funds 

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


$352,616 25 

278,601 06 

522,056 91 

1,198,739 00 

240,640 72 

20,369 56 

5,086 74 




$2,618,110 24 


$2,618,110 24 



Cash on Deposit in Banks, amount in each : — 

Exchange National Bank 

Central National Bank 

Boston Safe Deposit and Trust Company* 
International Trust Company * 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ( 1| per cent 

previous year > 1-J per cent 

Times for the dividends fixed by the by-laws: second Wednesday in 

May and November. 
The total amount of loans, with each specified rate of interest 

$300,000, 4£ per cent; $211,984, 5 per cent; $10,000, 5£ per cent 

$460,845.72, 6 per cent; $19,225, 6^ per cent; $413,700, 7 per cent; 

$23,625, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 380 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 7.284 

Number and amount of deposits received for previous year. 5,253 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 379 

Number and amount of withdrawals .... 6,289 



$13,216 64 
1,399 94 
2.544 04 
3,208 94 

$278,601 06 

300.000 00 

522.056 91 

488.660 00 

34,863 88 

10,276 83 

$135,331 77 
{ 38,134 07 
1 37,073 26 



484,150 00 
30,574 91 

535,666 03 

237,533 00 

638,288 74 



* The Attorney-General has given an opinion, that under the provisions of sect. 3, chap. 214 
of the Acts of 1881, deposits by savings banks in these trust companies are legal. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



315 



Number of accounts opened the previous year .... 859 
Number of accounts closed the previous year . . . 1,267 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner : Feb. 15. 



$9,245 68 
15,000 00 



Public Funds. 



1 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 41s .... 


150,000 


$56,437 50 


$54,312 50 


O-oTO • • • • 


6,700 


6,767 00 


6,700 00 


City bonds : — 








City of Boston 5s . 


$225,000 


$265,500 00 


$251,812 50 


of Chelsea 6s . 




9,000 


10,640 00 


10,625 00 


of Lowell 6s 




2,000 


2,280 00 


2,325 00 


of Springfield 7s 




2,000 


2,600 00 


2,600 00 


of Hartford, Conn., 6s 




1,000 


1,160 00 


1,170 00 


of Newton 6s . 




4,000 


5,040 00 


4,920 00 


of Somerville 5s 




17,000 


17,840 00 


18,151 25 






$316,700 


$368,264 50 


$352,616 25 



316 



BANK COMMISSIONERS' REPORT. [Jan. 



UNION SAVINGS BANK — FALL RIVER. 

Incorporated 1869. Number of corporators, 32. 

Augustus Chace, President. Treasurer, D. A. Chape*. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 

Guaranty fund . 



$624,589 94 

23,868 12 

9,000 00 



$657,458 06 



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



$72,296 50 

38,000 00 

5,906 84 

290,487 00 

203,818 00 

41,500 00 

760 40 

4,689 32 



$657,458 06 



Cash on Deposit in Bank: — 
Union National Bank, Fall River .... 

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



>r ) 2 per cent 
. > 2 



Whole amount of interest or profits received or earned 
Rate and amount of each semi-annual dividend for 

previous year J 2 per cent 

Times for the dividends fixed by the by-laws : May 15 and Nov. 15. 
The total amount of loans, with each specified rate of interest 

$213,810, 5 per cent; $251,022, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 105 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,380 

Number and amount of deposits received for previous year, 1.160 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : July 20. 



$41,500 00 

$38,000 00 

40,000 00 

5.906 84 

4,300 00 

500 00 

395 20 

$34,633 77 
11.405 88 
11,806 87 



75 



1,068 
. 307 
. 251 



127,432 00 
29,473 00 

130,705 76 

44.925 34 
105.850 m 



2,000 00 
25,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



31T 



Bank Stock. 





Par Value. 


Estimated 
Max-ket Value. 


Amount Invested. 


Union Nat'l Bank, Fall River . 
Metacomet Nat'l Bank, Fall River . 
Pocasset Nat'l Bank, Fall River 
Massasoit Nat'l Bank, Fall River . 
Fall River Nat'l Bank, Fall River . 


$22,500 

31,800 

3,000 

700 

1,500 


$25,425 00 

44,520 00 

4,200 00 

1,295 00 

2,100 00 


$24,850 00 

40,397 50 

3,750 00 

1,274 00 

2,025 00 




$59,500 


$77,540 00 


$72,296 50 



318 



BANK COMMISSIONERS' REPORT. [Jan. 



UXBRIDGE SAVINGS BANK — UXBRIDGE. 

Incorporated June 3, 1870. Number of corporators, 68. 

Moses Taft, President. Treasurer, C. A. Taft. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 
Guaranty fund . 
Checks outstanding . 


$287,609 46 

7,123 34 

3,850 00 

314 80 


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


$139,430 87 

28,830 48 

92,041 90 

29,055 00 

8,799 44 

739 91 




$298,897 60 


$298,897 60 



Cash on Deposit in Bank: — 
Blackstone National Bank, Uxbridge 

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



$8,799 44 

$28,830 48 

20,400 00 

1,400 00 

294 80 



Whole amount of interest or profits received or earned . . . $15,040 74 
Rate and amount of each semi-annual dividend for ) 2 per cent . \ 5,360 19 

previous year ) 2 per cent . / 5,509 05 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5| per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 5 per cent; $98,061.90, 6 percent; $3,000, 6-J- per cent; 

$14,835, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 76 

Aggregate amount of the same 68,371 00 

Number of open accounts 1,005 

Number and amount of deposits received for previous year . 478 51,329 57 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 38 20.893 21 

Number and amount of withdrawals 377 39,106 29 

Number of accounts opened the previous year .... 103 
Number of accounts closed the previous year .... 79 
Amount of expenses of the corporation during previous year . . 825 00 

Amount of treasurer's bond 20,000 00 

Date of examination by commissioner : May 2. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



319 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Redemption Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Revere Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
North Nat'l Bank, Boston 
TYemont Nat'l Bank, Boston . 
Eliot Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Blackstone Nat'l Bank, Uxbridge 
Grafton Nat'l Bank, Grafton . 
First Nat'l Bank, Clinton 
Wachusett Nat'l Bank^ Fitchburg 
Franklin Nat'l Bank, Franklin , 
Central Nat'l Bank, Boston 
Millbury Nat'l Bank, Millbury 
Manufacturers' Nat'l Bank, Boston, 



$8,000 
6,100 

13,000 
8,000 

11,200 
6,000 
5,800 

11,000 
6,900 
7,800 
1,800 
3,300 
3,000 
1,700 
500 
2,000 
2,500 
5,900 
4,000 
1,700 
4,000 



$114,200 



$10,880 00 


7,625 00 


15,600 


00 


10,000 


00 


14,560 


00 


8,640 


00 


7,076 


00 


13,200 


00 


7,659 


00 


9,750 


00 


2,304 00 


4,191 


00 


3,630 


00 


2,260 


00 


540 


00 


2,480 00 


5,000 


00 


7,090 00 


4,800 


00 


2,006 


00 


4,400 00 


$143,691 00 



$11,270 00 
7,945 00 

15,259 12 
9,795 00 

12,919 00 
7,494 50 
7,280 00 

13,148 75 
7,516 75 
8,974 75 
2,223 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 

$139,430 87 



320 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WAKEFIELD SAYINGS BANK — WAKEFIELD. 

Incorporated 1869. Number of corporators, 59. 

James F. Emerson, President. Treasurer, Richard Britton. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$91,528 74 


Public funds 


$12,000 00 


Guaranty fund . 


948 93 


Bank stock .... 


13,500 00 






Railroad bonds . 


1,000 00 






Real estate by foreclosure . 


11,174 59 






Loans on real estate . 


43,645 05 






Loans on personal security, 


1,500 00 






Deposit in bank ou interest, 


3,825 22 






Expense account . 


132 00 






Premiums .... 


5,082 18 






Interest account . . 


135 01 






Tax account .... 


8 03 






Cash on band 


475 59 




$92,477 67 


$92,477 67 



Cash on Deposit in Bank: — 
South Reading National Bank, South Reading 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : February and August 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6^ per cent. 
The total amount of loans, with each specified rate of interest: 

$29,700, 6 per cent; $32,395.05, 7 per cent; $1,800, 7fV per cent; 

$2,250, 8 per cent; $5,500, 9 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 45 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond ....... 

Date of examination by commissioner : May 4. 



$3,825 22 

$11,174 59 

11,500 00 

538 73 

161 19 

$5,135 21 
1,441 94 
1,559 7S 



682 
723 

20 
480 
149 

98 



45,145 05 
529 07 

33,766 12 

11.608 74 
21.464 75 



584 84 
10,000 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



321 



Public Funds. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds: — 
City of Bath, Me.,, 6s 

of Rockland, Me., 6s 

of Boston 6s 

of Lowell 6s 

of Boston 6s ..'.-. 


85,000 
2,000 
2,000 
2,000 
1,000 


$5,000 00 
2,000 00 
2,620 00 
2,300 00 
1,310 00 


$5,225 00 
2,085 00 
2,457 50 
2,330 00 
1,230 00 




$12,000 


$13,230 00 


$13,327 50 



Bank Stock. 



S. Reading Nat'l Bank, S. Reading, 
Faneuil Hall Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 



$5,000 
2,500 
1,000 
5,000 



$13,500 



$7,000 00 
3,275 00 
1,310 00 
6,550 00 



,135 00 



$6,500 00 
3,281 25 
1,310 00 
6,500 00 



$17,591 25 



Railroad Bonds. 



New York and New England 7s * . 




,210 00 



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



41 



322 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WALES SAVINGS BANK — WALES. 

Incorporated 1870. Number of corporators, 76. 

Elijah Shaw, President. Treasurer, H. A. McFarland. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$20,322 51 
725 77 
255 00 


Bank stock .... 
Loans on real estate . 
Loans on personal security, 
Expense account . 
Office furniture . 

Interest 

Cash on band and in bank . 


$6,172 50 

10,899 00 

2,931 96 

1 81 

240 00 

4 89 

1,053 12 




$21,303 28 


$21,303 28 



Cash on Deposit in Bank: — 
Palmer National Bank, Palmer $769 18 

Whole amount of interest or profits received or earned . . . $9S1 94 

Bate and amount of each semi-annual dividend for I 2\ per cent . ( 3S4 91 

previous year J 2| per cent . ( 413 16 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4^ per cent. 
The total amount of loans, with each specified rate of interest: 

$1,100, 6 per cent; $12,730.96, 6+ per cent. 
Number of .outstanding loans which are of an amount not 

exceeding $3,000 each 37 

Aggregate amount of the same 13,830 96 

Number of open accounts 122 

Number and amount of deposits received for previous year . 306 4,891 26 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 1 300 00 

Number and amount of withdrawals 35 2,564 38 

Number of accounts opened the previous year .... 16 
Number of accounts closed the previous year .... 14 
Amount of expenses of the corporation during previous year . 65 95 

Amount of treasurer's bond 10,000 00 

Date of examination by commissioner : July 6. 

Bank Stock. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


Market Nat'l Bank, Boston 


$500 


$523 75 


$523 75 


Webster Nat'l Bank, Boston . 


500 


55S 75 


558 75 


Southbridge Nat'l B'k, Southbr'ge, 


700 


924 00 


875 00 


Monson Nat'l Bank, Monson . 


500 


660 00 


625 00 


Continental Nat'l Bank, Boston 


1,000 


1,130 00 


1,090 00 


Hamilton Nat'l Bank, Boston . 


1,000 


1,250 00 


1,000 00 


Revere Nat'l Bank, Boston 


1,500 


1,C00 00 


1,500 00 




$5,700 


$6,646 50 


$6,172 50 






1882.] 



PUBLIC DOCUMENT— No. 8. 



323 



WALTHAM SAVINGS BANK — WALTHAM. 

Incorporated March 13, 1853. Number of corporators, 30. 

Horatio Moore, President. Treasurer, F. M. Stone. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 

Guaranty fund . 



$1,263,163 26 
35,060 25 
28,000 00 



$1,326,223 51 



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 

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



$88,475 00 

105,625 00 

3,600 00 

70,500 00 

16,500 00 

644,857 00 

298,156 95 

80,000 00 

16,423 85 

2,085 71 



$1,326,223 51 



$1,600 00 
2,000 00 

$6,000 00 
10,423 85 

$16,500 00 

18,000 00 

750 00 

250 00 

$07,693 05 
22,680 36 
23,491 78 



Loans on Bank Stock, amount on each : — 
On 18 shares First National Bank, Yarmouth . 
On 25 shares Waltham National Bank, Waltham 

Cash on Deposit in Banks, amount in each : — 
Waltham National Bank, Waltham . . , 
Boston Safe Deposit and Trust Company * 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year . ) 2 per cent 

Times for the dividends fixed by the by-laws : second Wednesday in 

April and October. 
The total amount of loans, with each specified rate of interest: 

$89,400, 4 percent; $56,000, 4£ per cent; $192,526, 5 per cent ; 

$50,000, 5£ per cent; $684,687, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 219 

Aggregate amount of the same 

Number of open accounts . *. . . . . 4,529 

Number and amount of deposits received for previous year, 4,989 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 204 

Number and amount of withdrawals .... 2,819 

Number of accounts opened the previous year . . . 1,041 
Number of accounts closed the previous year .... 572 

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

Date of examination by commissioner: Nov. 28. 

* The Attorney-General has given an opinion, that hy the provisions of sect 
the AcU of 1881, deposits by savings banks In this trust company are legal. 



257,606 00 

373,566 84 

114,195 30 
249,119 84 



2,900 00 
20,000 00 

3, chap. 214 of 



324 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds 

Town bonds : — . 
Town of Waltham 4^s 



$42,500 



$43,000 00 



$46,000 $47,380 00 



$88,500 I $90,380 00 



$42,475 00 



$46,000 00 



$S8,475 00 



Bank Stock. 



Revere Nat'l Bank, Boston 


$3,800 


$4,636 00 


$3,800 00 


Mount Vernon Nat'l Bank, Boston . 


5,000 


6,350 00 


5,000 00 


Third Nat'l Bank, Boston 


5,000 


5,350 00 


5,000 00 


Boston Nat'l Bank, Boston 


7.300 


9,284 00 


7.300 00 


Hide and Leather Nat'l B'k, Boston, 


3,000 


3,4S0 00 


3,000 00 


Market Nat'l Bank, Boston 


4,000 


4,360 00 


4,000 00 


Commerce Nat'l Bank, Boston 


2.200 


2,816 00 


2,200 00 


Traders' Nat'l Bank, Boston . 


6,000 


6,120 00 


6,000 00 


Suffolk Nat'l Bank, Boston 


5,300 


6,413 00 


5,300 00 


North Nat'l Bank, Boston 


7,700 


10,934 00 


7,700 00 


Everett Nat'l Bank, Boston 


4,000 


5,382 00 


4,600 00 


Shawmut Nat'l Bank, Boston . 


5,000 


6,350 00 


5,000 00 


Central Nat'l Bank, Boston 


5,000 


6,000 00 


5,000 00 


Continental Nat'l Bank, Boston 


5,000 


5,900 00 


4,850 00 


Metropolitan Nat'l Bank, Boston 


2.000 


2,400 00 


2,000 00 


Commonwealth Nat'l Bank, Boston, 


3,000 


3,600 00 


3,000 00 


Eliot Nat'l Bank, Boston 


1,500 


1,800 00 


1,500 00 


"Waltham Nat'l Bank, Waltham 


30,375 


40,500 00 


30,375 00 




$105,775 


$131,675 00 


$105,625 00 



Railroad Bonds. 



Boston and Lowell 
Old Colony . 
Boston and Maine 
Salem and Lowell 



$30,500 

10,000 

5,000 

25,000 



$70,500 



$37,820 00 

12,500 00 

6,350 00 

27,500 00 



$84,170 00 



$30,500 00 

10,000 00 

5,000 00 

25,000 00 



$70,500 00 




1882.J 



PUBLIC DOCUMENT — No. 8. 



825 



WARE SAVINGS BANK -WARE. 

Incorporated 1850. Number of corporators, 40. 

William Hyde, President. Treasurer, Otis Lane. 

Statement. 



Liabilities 




Assets. 


Deposits 


$1,808,599 28 


Public funds 


$609,000 00 


Earnings undivided . 


22,936 50 


Bank stock .... 


302,900 00 


Guaranty fund . 


12,211 43 


Loans on bank books . 


2,000 00 






Railroad bonds , 


238,000 00 






Real estate .... 


4,799 61 






Loans on real estate . 


554,163 62 






Loans on personal security, 


99,217 41 






Loans to counties, cities, or 








towns 


42,500 00 






Deposit in bank on interest, 


10,366 60 






Deposit in bank not on 








interest .... 


7,500 00 






Expense account . 


1,637 00 






Premium account 


29,912 63 






Cash on hand 


1,750 34 




$1,903,747 21 


$1,903,747 21 



Cash on Deposit in Banks, amount in each: — 
National Bank of the Commonwealth, Boston . 
Ware National Bank, Ware . 



Amount invested in real estate (for banking purposes) 
Estimated value of the same 



$10,366 60 
7,500 00 

$4,799 61 
4,799 61 

Whole amount of interest or profits received or earned . . . $103,962 16 
Rate and amount of each semi-annual dividend for / 2£ per cent . ( 42,287 00 

previous year ) 2 per cent . ( 35,253 97 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending' at time 

of and including last extra dividend : 4f per cent. 
The total amount of loans, with each specified rate of interest: 

$42,500, 4£ per cent; $140,000, 5 per cent; $65,000, 5£ per cent; 

$450,381.03, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 245 

Aggregate amount of the same 241,616 53 

Number of open accounts 4,277 

Number and amount of deposits received for previous year, 2,686 308,830 79 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 233 125,110 77 

Number and amount of withdrawals 1,761 255,542 19 

Number of accounts opened the rjrevious year .... 726 
Number of accounts closed the previous year .... 445 
Amount of expenses of the corporation during previous year . . 4,408 21 

Amount of treasurer's bond 25,000 00 

Date of examination by commissioner : July 7. 



326 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, currency 


$50,000 


$65,000 00 


$50,000 00 


44 " Pacific 6s . 


50,000 


65,000 00 


50,000 00 


" " 5s, 1881, extended 3Js, 


100,000 


101,500 00 


100,000 00 


" *' 4-is, funded loan 


200,000 


225,000 00 


200,000 00 


City and town bonds: — 








City of Springfield 6s 


$1,000 


$1,000 00 


$1,000 00 


of Fall River 6s 




20,000 


25,000 00 


20,000 00 


of Boston 6s 




30,000 


36,000 00 


30,000 00 


of Boston 4s 




40,000 


44,000 00 


40,000 00 


of Somerville 5s 




20,000 


22,000 00 


20,000 00 


of Holyoke 7s . 




40,000 


49,600 00 


40,000 00 


of Brockton 5s 




30,000 


34,500 00 


30,000 00 


Town of Pawtucket, R.I., 5s . 




5,000 


5, GOO 00 


5,000 00 


of Pawtucket, R.I., 6s 




23,000 


28,175 00 


23,000 00 






$609,000 


$702,375 00 


$609,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
City Nat'l Bank, Worcester . 
Continental Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Easthampton Nat'l B'k, Eastham'n 
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 
North America Nat'l Bank, Boston 
North Nat'l Bank, Boston 
People's Nat'l Bank, Boston . 
Republic Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Southbridge Nat'l B'k, Southbridge 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Traders' Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Ware Nat'l Bank, Ware . 
Webster Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 



$1,000 


$1,530 00 


10,000 


12,500 00 


20,500 


26,240 00 


1,200 


1,380 00 


7,500 


9,375 00 


5,000 


5,500 00 


13,600 


16,048 00 


6,000 


7,200 00 


15,000 


18,000 00 


4,000 


5,760 00 


10,000 


20,700 00 


5,000 


5,550 00 


2,100 


2,310 00 


4,700 


6,110 00 


10,500 


15,330 00 


900 


1,170 00 


13,600 


15,640 00 


10,000 


14,100 00 


600 


972 00 


15,000 


19,650 00 


15,000 


18,300 00 


10,000 


13,500 00 


15,000 


22,650 00 


1,500 


2,250 00 


16,200 


20,250 00 


3,000 


3,630 00 


7,100 


8,662 00 


15,400 


15,708 00 


2,600 


3,978 00 


37,900 


46,996 00 


20,000 


22,200 00 


3,000 


4,200 00 


$302,900 


$387,389 00 



$1,000 00 

10,000 00 

20,500 00 

1,200 00 

7,500 00 

5,000 00 

13,600 00 

6,000 00 

15,000 00 

4,000 00 

10,000 00 

5,000 00 

2,100 00 

4,700 00 

10,500 00 

900 00 

13,600 00 

10,000 00 

600 00 

15,000 00 

15,000 00 

10,000 00 

15,000 00 

1,500 00 

16,200 00 

3,000 00 

7,100 00 

15,400 00 

2,600 00 

37,900 00 

20,000 00 

3,000 00 

$302,900 00 



1882.] 



. PUBLIC DOCUMENT — No. 8. 



327 



Railroad Bonds. 





Par "Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Maine 7s 
Boston and Albany 7s 
Boston and Albany 6s 
Eastern, new loan . 


$75,000 
60,000 
50,000 
53,000 


$95,250 00 
76,200 00 
57,000 00 
58,300 00 


$75,000 00 
60,000 00 
50,000 00 
53,000 00 




$238,000 


$286,750 00 


$238,000 00 



328 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WAREHAM SAVINGS BANK - WAEEHAM. 

Incorporated 1847. Number of corporators, 29. 

Gerard C. Tobey, President. Treasurer, Thomas R. Miles. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


8495,663 35 
4,331 37 
5,764 00 


Bank stock .... 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Expense account . 
Municipal taxes on real 

estate 

Cash in bank 


8176,096 85 

176,647 62 

88,677 54 

58,828 63 

1,330 17 

194 45 
3,983 46 




8505,758 72 


8505,758 72 



Cash on Deposit in Bank : — 
Wareham National Bank, Wareham .... 

Amount of real estate held by foreclosure 

Assessed value of the same 

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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year S 2 per cent 

Times for the dividends fixed by the by-laws : first Monday in Jan- 
uary and July. 
The total amount of loans, with each specified rate of interest: 

$10,793.81, 4| per cent; $40,095.11, 5 percent; $2,500, 5| percent; 

$53,519.42, 6 per cent; $29,612.83, 7 per cent; $475, li per cent; 

$10,500, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . 53 

Aggregate amount of the same 

Number of open accounts 1,450 

Number and amount of deposits received for previous year . 557 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 46 

Number and amount of withdrawals 492 

Number of accounts opened the previous year . . . .154 
Number of accounts closed the previous year . . . .113 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : April 4. 



$3,983 46 

$176,647 62 

139,351 00 

10,111 01 

194 45 

$27,059 78 
( 9,359 74 
( 9,714 15 



40,752 29 

58,91S 98 

27,606 81 
58,675 62 



1,330 17 
5,000 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



329 



Bank Stock. 



Tar Value. 



Estimated 
Market Value. 



Amount Invested. 



Eagle Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Citv Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
Republic Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Blackstone Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Boylston Nat'l Bank, Boston . 
Andover Nat'l Bank, Andover 
Falmouth Nat'l Bank, Falmouth 
Merchants' Nat'l B'k, New Bedford, 
Wareham Nat'l Bank, Warebam . 



110,000 

10,000 

5,000 

7,500 

5,000 

4,500 

700 

3,000 

2,000 

7,400 

6,600 

10,000 

10,000 

4,100 

10,000 

10,000 

10,000 

13,100 

500 

5,000 

2,500 

24,000 



$160,900 



$12,000 00 


11,200 00 


6,450 00 


8,625 00 


6,200 00 


5,490 00 


1,036 00 


3,840 00 


4,000 00 


11,248 00 


7,458 00 


11,500 00 


12,500 00 


6,355 00 


12,700 00 


14,600 00 


12,100 00 


16,768 00 


600 00 


6,250 00 


3,750 00 


31,200 00 


$205,870 00 



$11,068 

11,015 

7,053 

6,993 

5,225 

5,196 

731 

3,135 

2,090 

7,572 

6,897 

13,574 

11,838 

4,679 

10,450 

10,949 

12,147 

11,737 

522 

5,428 

2,612 

25,177 



14 

59 
50 
68 
00 
78 
50 
00 
00 
32 
00 
81 
01 
26 
00 
84 
46 
70 
50 
28 
50 
98 



8176,096 85 



42 






330 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WARREN FIVE CENTS SAVINGS BANK — PEABODY. 

Incorporated April 28, 1854. Number of corporators, 56. 

Rufus H. Beown, President. Treasurer, Albert H. Merrill. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,344,826 10 


Public funds 


$70,000 00 


Earnings undivided . 


58,083 55 


Bank stock .... 


169,589 62 


Guaranty fund . 


17,000 00 


Loans on bank stock . 


1,300 00 






Railroad bonds 


19.750 00 






Real estate by foreclosure . 


79,450 53 






Loans on reai estate . 


505,774 00 






Loans on personal security, 


190,533 20 






Loans to counties, cities, or 








towns 


328,540 00 






Deposit in bank on interest, 


25,939 26 






Expense account . 


594 50 






Cash on hand 


28,438 54 




$1,419,909 65 


$1,419,909 65 



Loans on Bank Stock : — 
On 7 shares Naurakeag National Bank, Salem, and 6 shares Mercan- 



tile National Bank, Salem 



$1,300 00 



Cash on Deposit in Bank : — 
Maverick National Bank, Boston 

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



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday in 

May and November. 
The total amount of loans, with each specified rate of interest: 

$8,228.25, 3 per cent; $25,000, 3£ per cent; $9,623.57, 4 per cent; 

$104,922.20, 4$ per cent; $30,623.85, 5 per cent; $232,362.48, 6 per 

cent; $188,769, G$ per cent; $52,025, 7 percent; $4,800, 7i 3 - per 

cent; $33,490, 7| per cent; $19,350, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 164 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 3,763 

Number and amount of deposits received for previous year, 2,398 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 172 

Number and amount of withdrawals .... 1,626 

Number of accounts opened the previous year .... 527 
Number of accounts closed the previous year .... 345 



. $25,939 26 


. $79,450 53 

6S,275 00 

4,742 46 

1,147 50 


. $87,299 18 
. ( 24,730 86 
. I 25,025 02 



207,175 
3,647 



00 
70 



193,329 63 



99,433 
171,711 



33 
23 






1882.] 



PUBLIC DOCUMENT — No. 8. 



331 



Amount of expenses of the corporation during previous year . 

Amount of treasurer's bond 

Date of examination by commissioner: June 3. 

Public Funds. 



$2,977 14 
20,000 00 



1 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, currency 
" '* 4-^s, registered . 
" " 4is, coupon 

State bonds: — 
State of Massachusetts 5s 

1 


$40,000 
15.000 
12,000 

$3,000 


$53,200 00 
16,950 00 
13,560 00 

$3,060 00 


$40,000 00 
15,000 00 
12,000 00 

$3,000 00 




$70,000 


$86,770 00 


$70,000 00 






Bank Stock. 



Warren Nat'l Bank, Peabody 
Howard Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
Webster Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston, 
Hide and Leather Nat'l B'k, Boston, 
Exchange Nat'l Bank, Salem . 
Asiatic Nat'l Bank, Salem 
Grand Nat'l Bank, Marblehead 
Atlas Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Faneuil Hall Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston . 
South Danvers Nat'l Bank, Peabody 
Manufacturers' Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Market Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Commonwealth Nat'l Bank, Boston, 
Globe Nat'l Bank, Boston 



$2,900 
4,700 
8,000 

14,100 
4,500 
2,500 
5,100 

10,000 

900 

2,250 

4,800 

16,500 
4,800 
9,500 

10,000 
500 

10,100 
6,000 
2,300 
5,200 
1,000 

10,000 
4,500 
6,000 
1,000 
8,100 
2,200 
2,500 
2,500 
2,500 
2,500 
2,500 



$169,950 



,205 00 

6,125 67 

11,520 00 

15,721 50 

6,907 50 

3,050 00 

5,737 50 

11,650 00 

1,035 00 

3.375 00 

5.376 00 
20,625 00 

5,856 00 

11,423 75 

11,500 03 

700 00 

12,322 00 

7,845 00 

2,599 00 

6,630 00 

1,500 00 

11,025 00 

4,950 00 

6,900 00 

1,270 00 

8,889 75 

2,810 50 

3,637 50 

2,962 50 

2,550 00 

3,012 50 

2,787 50 



$206,499 17 



$2,900 00 
4,689 00 
8,000 00 

14,100 00 
4,500 00 
2,500 00 
5,100 00 
9,950 00 
900 00 
2,250 00 
4,595 00 

16,500 00 
4,800 00 
9,500 00 

10,000 00 
500 00 

10,100 00 
6,000 00 
2,300 00 
5,200 
1,000 
9,909 
4,500 
6,000 00 
1,000 00 
8,100 
2,200 
2,500 
2,500 
2,500 
2,496 
2,500 



00 
00 
37 
00 



00 
00 
00 
00 
00 
25 
00 



$169,589 62 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Railroad Bonds. 





Tar Value. 


Estimated. 
Market Value. 


Amount Invested. 


Boston and Maine .... 
Old Colony . . . . . 
Eastern 4-^s ..... 


$5,000 

10,000 

5,000 


$6,350 00 

11,600 00 

5,487 50 


$5,000 00 

10,000 00 

4,750 00 




$20,000 


$23,437 50 


$19,750 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



333 



WARREN INSTITUTION FOR SAVINGS — BOSTON. 

Incorporated 1829. Number of corporators, 135. 

Timothy T. Sawyer, President. Treasurer, George F. Tufts. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$4,414,035 14 


Public funds 


$641,000 00 


Earnings undivided . 


155,356 98 


Loans on public funds 


9,000 00 


Guaranty fund . 


71,500 00 


Bank stock .... 


199,906 00 






Loans on bank stock . 


7,750 00 






Railroad bonds . 


200,000 00 






Real estate .... 


50,000 00 






Real estate by foreclosure . 


160,822 25 






Loans on real estate . 


1,649,581 70 






Loans on personal security, 


1,517,500 00 


• 




Loans to counties, cities, or 








towns ..... 


10,000 00 






Deposit in bank on interest, 


181,199 05 






Expense account . 


7,321 53 






Cash on band 


6,811 59 




$4,640,892 12 


$4,640,892 12 



Loans on Public Funds, amount on each 
On $8,000 City of Newton .... 
On $1,000 United States 4£s 



$8,000 00 



Loans on Bank Stock, amount on each: 
On 50 shares Maverick National Bank 
On 8 shares Lechmere National Bank 
On 10 shares Monument National Bank . 
On 14 shares Bunker Hill National Bank . 
On 24 shares Blackstone National Bank . 

Cash on Deposit in Bank; — 
Bunker Hill National Bank 



1,000 00 


$5,500 00 


200 00 


150 00 


1,000 00 


900 00 


$181,199 05 


$50,000 00 


52,800 00 


160,822 25 


202,570 00 


14,600 00 


3,256 12 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . . . $227,983 52 
Rate and amount of each semi-annual dividend for I 2 per cent . ( 80,786 66 

previous year ) 2 per cent . ( 85,526 44 

Times for the dividends fixed by the by-laws: third Wednesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4 per cent. 



334 



BANK COMMISSIONERS' REPORT. [Jan. 



The total amount of loans, with each specified rate of interest: 
$155,000, 3£ per cent; $225,000, 3f per cent; $649,500, 4 per cent; 
$50,000, 4£ per cent; $150,000, 4£ per cent; $105,000, A.\ per cent; 
$160,000, 4| per cent; $85,500, 5 per cent; $44,500, h\ per cent; 
$950,570, 6 per cent; $289,995, 6£ per cent; $239,050, 7 per cent; 
$26,000, 7i% per cent; $48,016.70, 7£ per cent; $5,700, S per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 425 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 12,059 

Number and amount of deposits received for previous year, 9,S31 
Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year 624 



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: Nov. 14. 



5,581 

1,517 

755 



$6S5,611 70 
10,350 00 

717,130 00 

324,432 00 
494,528 45 



8,916 42 
20,000 00 



Public Funds. 



Tar Value. 



Estimated 
Market V;ilue. 



Amount Invested. 



United States 4£s 
" 4s 



u 



City and town bonds: 
City of Charlestown 6s 

of Somerville 6s 
Town of Everett 6s . 



$300,000 
250,000 



$40,000 

46,000 

5,000 



$339,000 00 
290,312 50 



$47,S00 00 

50,140 00 

5,950 00 



$641,000 i $733,202 50 



$300,000 00 
250,000 00 



$40,000 00 

46,000 00 

5,000 00 



$641,000 00 



Bank Stock. 



Bunker Hill Nat'l Bank, Boston 


$20,000 


$36,000 00 


$20,000 00 


City Nat'l Bank, Boston . 


2,000 


2,540 00 


2,000 00 


Eagle Nat'l Bank, Boston 


7,500 


8.9S1 25 


7,500 00 


Shoe and Leather Nat'l B'k, Boston, 


5,000 


5,625 00 


5,000 00 


Hide and Leather Nat'l B'k, Boston, 


15,000 


17,475 00 


15,000 00 


Massachusetts Nat'l Bank, Boston . 


5,500 


6,820 00 


5,500 00 


Traders' Nat'l Bank, Boston . 


10,000 


10,200 00 


10,000 00 


Third Nat'l Bank, Boston 


10,000 


10,650 00 


10,000 00 


New England Nat'l Bank, Boston . 


11,600 


16,878 00 


11,600 00 


Union Nat'l Bauk, Boston 


20,000 


30,700 00 


20,000 00 


Everett Nat'l Bank, Boston 


6,000 


7,027 50 


6,000 00 


Naumkeag Nat'l Bank, Salem . 


4,200 


6,342 00 


4,200 00 


Merchandise Nat'l Bank, Boston 


5,000 


5,500 00 


5,000 00 


Webster Nat'l Bank, Boston . 


10,000 

' 


11,150 00 


10,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



335 



Bank Stock — Concluded. 





Pai" Value. 


Estimated 
Market Value. 


Amount Invested. 


Eliot Nat'l Bank, Boston. 
State Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Second Nat'l Bank, Boston 


$15,800 

11,800 

10,800 

9,000 

10,000 

4,300 


$18,999 50 
14,809 00 
13,176 00 
11,250 00 
13,050 00 
6,498 37 


$15,800 00 
12,836 00 
12,300 00 
10,170 00 
11,000 00 
6,000 00 




$193,500 


$253,671 62 


$199,906 00 






Railroad Bonds. 



Boston and Albany 6s 
Old Colony 7s . 
Old Colony 6s . 
Worcester and Nashua 5s 



$50,000 
50,000 
50,000 
50,000 



200,000 



$60,000 00 
62,500 00 
58,750 00 
52,500 00 



$233,750 00 



$50,000 00 
50,000 00 
50,000 00 
50,000 00 



$200,000 00 



336 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WATERTOWN SAVINGS BANK — WATERTO WN. . 

Incorporated 1870. Number of corporators, 18. 
Charles J. Barry, President. Treasurer, Tilden G. Abbott. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings undivided 

Guaranty fund . 



$238,353 93 

893 12 

2,320 00 



$241,5G7 05 



Public funds .... 
Bank stock .... 
Loans on bank stock . 
Railroad bonds . 
Loans on real estate . 
Loans to counties, cities, or 

towns 

Deposit in bank on interest, 
Cask on band 



$28,125 00 

32,210 50 

800 00 

12,590 00 

132,915 00 

5,793 00 

29,000 00 

133 55 



$241,567 05 



Loans on Bank Stock: — 
On 10 sbares Union Market National Bank, Watertown 

Cash on Deposit in Bank; — 
Union Market National Bank 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 2\ per cent 

previous year ) 2\ per cent 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4-njV per cent. 
The total amount of loans, with each specified rate of interest: 

$4,000, 4 per cent; $15,793, 5 per cent; $25,000, 5| per cent; 

$61,290, 6 per cent; $1,900, 6£ per cent; $57,025, 7 per cent; 

$11,400, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 62 

Aggregate amount of the same 

Number of open accounts 907 

Number and amount of deposits received for previous year. 1,163 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 62 

Number and amount of withdrawals 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : April 18. 



:i 



$S00 00 



$29,000 00 

$12,159 05 
4.237 21 
4,699 34 



442 
275 
113 



64,708 00 


76,672 98 


30.062 17 


41.397 21 


S36 37 


5,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



337 



Public Funds. 





Tar Value. 


Eslimated 
Market Value. 


Amount Invested. 


City and town bonds : — 








City of Lewiston, Me., 6s 


$1,000 


$1,100 00 


$1,030 00 


of Bangor, Me'., 6s, municipal . 


2,000 


2,420 00 


2,100 00 


of Newburyport 6s . 


1,000 


1,120 00 


1,050 00 


of Charlestown 6s 






3,000 


3,510 00 


3,300 00 


of Fitchburg 6s 






1,000 


1,190 00 


1,125 00 


of Newton 6s . 






1,000 


1,300 00 . 


1,195 00 


of Cambridge 6s 






6,000 


7,620 00 


7,155 00 


of Boston 6s 






1,000 


1,300 00 


1,190 00 


Town of Arlington 6s 






4,000 


4,720 00 


4,280 00 


of Watertown 5s 






5,000 


5,250 00 


5,100 00 


of Brookline 7s 






500 


685 00 


600 00 


c 






$25,500 


$30,215 00 


$28,125 00 



Bank Stock. 



Commonwealth Nat'l Bank, Boston, 


$2,000 


$2,480 00 


$2,000 00 


Blackstone Nat'l Bank, Boston 


2,500 


2,875 00 


2,745 00 


Metropolitan Nat'l Bank, Boston 


800 


960 00 


800 .00 


Market Nat'l Bank, Boston . 


2,200 


2,431 00 


2,310 00 


Exchange Nat'l Bank, Boston . 


1,000 


1,440 00 


1,375 00 


Continental Nat'l Bank, Boston 


2,000 


2,370 00 


2,100 00 


Webster Nat'l Bank, Boston . 


1,900 


2,137 50 


2,014 00 


North America Nat'l Bank, Boston . 


2.000 


2,300 00 


2,155 00 


Third Nat'l Bank, Boston 


4,000 


4,260 00 


4,000 00 


Boston Nat'l Bank, Boston 


2,500 


3,200 00 


2,800 00 


Central Nat'l Bank, Boston 


2,000 


2,400 00 


2,105 00 


Traders' Nat'l Bank, Boston . 


1,500 


1,530 00 


1,569 00 


Manufacturers' Nat'l Bank, Boston, 


1,000 


1,100 00 


1,037 50 


Massachusetts Nat'l Bank, Boston . 


2,250 


2,790 00 


2,700 00 


Union Market Nat'l B'k, Watertown, 


2,500 


2,800 00 


2,500 00 




$30,150 


$35,073 50 


$32,210 50 



Railroad Bonds. 



Boston and Maine 7s 
Vermont and Massachusetts 6s 
Fitchburg 5s . 


$2,000 

400 

9,000 


$2,540 00 

412 00 

10,170 00 


$2,200 00 

400 00 

9,990 00 




$11,400 


$13,122 00 


$12,590 00 



43 



338 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WEBSTER FIVE CENTS SAYINGS BANK — WEBSTER. 
Incorporated March 10, 18G8. Number of corporators, 52. 

F. D. Brown, President. Treasurer, Edwin Mat. 

Statement. 





Liabilities 


i 


Assets. 


Deposits 


• • • 


$305,205 3°. 


Pulilic funds 


311,405 ro 


Earnings 


undivided . 


1,888 53 


Bank stork .... 


08,500 00 


Guaranty 


fund . 


3,721 53 


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 account 
Cash on hand 


41,587 50 

4,400 00 

203,3(55 00 

10,872 00 

14.000 00 
38,307 00 

335 08 
7,400 50 

071 51 




$400,005 30 


$400,<J03 39 



Cash on Deposit in Bank: — 
First National Bank, Webster 



$38,-367 90 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate .... 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for \ 2 per cent 

previous year \ 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 

$(5,000, 4 percent; $8,000, 44- per cent; $17,000, 5+ per 'cent; 

$193,503, G per cent; $3,172, 7 per cent. 
Number of outstanding loans which arc of an amount not 

exceeding $3,000 each 1S1 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals 

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

Amount of treasurer's bond 

Date of examination by commissioner: April 11. 



$4,400 00 

3,000 00 

217 50 

38 92 

$20,748 76 
0,299 43 
0,910 55 



• 


153,437 00 


2,115 




1,053 


110,267 46 


76 


37,903 00 


792 


68,317 03 


269 




177 




• 


1,154 34 


* 


20,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



339 



Public Funds. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City and town bonds: — 
City of Rockland, Me. 
Town of Pawtucket, R.I., water 


$4,000 

$2,000 
5,000 


84,645 00 

$2,120 00 
5,325 00 


$3,960 00 

$2,120 00 
5,325 00 




$11,000 


$12,090 00 


$11,405 00 



Bank Stock. 



Quinsigamond Nat'l B'k, Worcester, 


$6,100 


$7,442 00 


$6,100 00 


"Worcester Nat'l Bank, Worcester . 


8,000 


10,160 00 


8,000 00 


Mechanics' Nat'l Bank, Worcester . 


700 


868 00 


700 00 


First Nat'l Bank, Worcester . 


1,200 


1,860 00 


1,200 00 


City Nat'l Bank, Worcester . 


2,000 


2,200 00 


2,000 00 


Southbridge Nat'l Bank, Southb'dge. 


500 


660 00 


500 00 


Oxford Nat'l Bank, Oxford . 


2,000 


2,640 00 


2,000 00 


Grafton Nat'l Bank, Grafton . 


1,000 


1,070 00 


1,000 00 


Webster Nat'l Bank, Webster 


5,600 


6,272 00 


5,600 00 


Bar re Nat'l Bank, Barre . . 


2,300 


2,852 00 


2,300 00 


Revere Nat'l Bank, Boston 


3,600 


4,392 00 


3,600 00 


Boylston Nat'l Bank, Boston . 


1,900 


2,432 00 


1,900 00 


Shoe and Leather Nat'l B'k, Boston, 


7,400 


8,362 00 


7,400 00 


State Nat'l Bank, Boston 


1,000 


1,260 00 


1,000 00 


Merchants' Nat'l Bank, Boston 


1,000 


1,480 00 


1,000 00 


Webster Nat'l Bank, Boston . 


0,400 


7,232 00 


6,400 00 


Blackstone Nat'l Bank, Boston 


4,800 


5,520 00 


4,800 00 


Atlas Nat'l Bank, Boston 


3,400 


4,250 00 


3,400 00 


Hide and Leather Nat'l B'k, Boston, 


400 


476 00 


400 00 


Old Boston Nat'l Bank, Boston 


2,500 


3,050 00 


2,500 00 


Eliot Nat'l Bank, Boston 


1,000 


1,200 00 


1,000 00 


Eagle Nat'l Bank, Boston 


500 


600 00 


500 00 


City Nat'l Bank, Boston . 


200 


254 00 


200 00 


Uncas Nat'l Bank, Norwich, Conn. . 


2,500 


3,150 00 


2,500 00 


First Nat'l Bank, Norwich, Conn. . 


2,500 


2,925 00 


2,500 00 




$68,500 


$82 607 00 


$b8,500 00 



Railroad Bonds. 



Boston and Albany . 

Old Colony 

Old Colony 

Revere Beach and Lynn 



$5,000 
10,000 
10,000 
10,000 



$35,000 



$6,350 00 
12,950 00 
12,950 00 
11,700 00 



$43,950 00 



$6,050 00 
11,937 50 
11,900 00 
11,700 00 



$41,587 50 



340 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WELLFLEET SAVINGS BANK — WELLFLEET. 

Incorporated 1863. Number of corporators, 61. 
Richard R. Freeman, President. Treasurer, Thomas Kemp. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 
Guaranty fund . 
Bills payable 


$317,280 00 

10,086 30 

8,994 58 

310 69 


Bank stock .... 
Real estate .... 
Loans on real estate . 
Loans on personal security, 
Loans to counties, cities, or 
towns .... 
Deposit in bank on interest, 
Expense account . 
Cask on hand . 


$232,968 78 

2,000 00 

86,127 50 

5,825 10 

2,435 00 

6,854 20 

286 83 

174 16 




$336,671 57 


$336,671 57 



Cash on Deposit in Bank : — 
Blackstone National Bank, Boston 

Amount invested in real estate (for banking purposes) . 

Estimated value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5f per cent. 
The total amount of loans, with each specified rate of interest : 

$8,000, 5 per cent; $65,037.60, 6 per cent; $13,350, 7 per cent; 

$8,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 51 

Aggregate amount of the same ...... 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: Aug. 4. 



S6.854 20 

$2,000 00 

3,500 00 

48 80 

$21,297 28 
5,953 55 
6,013 48 



• 


43,887 60 


• 


500 00 


994 




252 


33,641 52 


32 


16.714 15 


421 


37,727 32 


88 




116 




• 


1.399 47 


• 


20,000 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



341 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


• 

State Nat'l Bank, Boston 


$9,100 


$11,397 75 


$9,810 75 


Commerce Nat'l Bank, Boston 


3,000 


3,877 50 


4,618 10 


Republic Nat'l Bank, Boston . 


13,700 


17,947 00 


14,579 38 


Revere Nat'l Bank, Boston 


1,800 


2,250 00 


1,998 00 


Hamilton Nat'l Bank, Boston . 


8,600 


10,642 50 


10,222 25 


Union Nat'l Bank, Boston 


2,300 


3,536 25 


2,773 25 


Hide and Leather Nat'l B'k, Boston, 


10,000 


11,875 00 


12,214 51 


Central Nat'l Bank, Boston 


7,500 


9,000 00 


7,608 75 


Tremont Nat'l Bank, Boston . 


10,000 


12,200 00 


12,923 25 


North Nat'l Bank, Boston 


3,500 


5,040 00 


4,210 62 


Freeman's Nat'l Bank, Boston 


8,500 


10,178 75 


10,126 50 


Mount Vernon Nat'l Bank, Boston . 


2,000 


2,555 00 


2,540 00 


Globe Nat'l Bank, Boston 


4,200 


4,704 00 


5,469 25 


New England Nat'l Bank, Boston . 


2,500 


3,781 25 


4,318 75 


Suffolk Nat'l Bank, Boston 


3,000 


3,630 00 


3,612 50 


Old Boston Nat'l Bank, Boston 


2,500 


3,050 00 


3,675 00 


Third Nat'l Bank, Boston 


20,000 


21,300 00 


21,501 92 


Second Nat'l Bank, Boston 


2,200 


3,333 00 


3,195 50 


Manufacturers' Nat'l Bank, Boston, 


\ 6,100 


6,725 25 


6,939 00 


Webster Nat'l Bank, Boston . 


3,500 


3,902 50 


3,500 00 


Blackstone Nat'l Bank, Boston 


10,000 


11,500 00 


10,000 00 


Atlas Nat'l Bank, Boston 


13,500 


17,145 00 


13,500 00 


Continental Nat'l Bank, Boston 


14,500 


17,218 75 


13,500 00 


Shawmut Nat'l Bank, Boston . 


9,000 


11,475 00 


9,000 00 


Eliot Nat'l Bank, Boston 


15,600 


18,759 00 


15,600 00 


Eagle Nat'l Bank, Boston 


10,000 


11,750 00 


10,000 00 


Faneuil Hall Nat'l Bank, Boston 


4,000 


5,380 00 


4,000 00 


Boylston Nat'l Bank, Boston . 


3,600 


4,527 00 


3,600 00 


Shoe and Leather Nat'l B'k, Boston, 


800 


904 00 


800 00 


Boston Nat'l Bank, Boston 


1,000 


1,280 00 


1,000 00 


Traders' Nat'l Bank, Boston . 


1,100 


1,146 75 


1,100 00 


Howard Nat'l Bank, Boston . 


1,500 


1,951 87 


1,500 00 


First Nat'l Bank, Provincetown 


2,400 


3,600 00 


2,531 50 




$211,000 


$257,563 12 


$232,968 78 



■I 



342 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WESTBOROUGH SAYINGS BANK — WESTBOROUGH. 

Incorporated Feb. 9, 1809. Number of corporators, 66. 
Cyrus Fay, President. Treasurer, George O. Brigham. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$453,203 33 


Public funds 


$12,500 00 


Earnings undivided . 


5,483 78 


Bank stock .... 


48,100 00 


Guaranty fund . 


5,000 00 


Railroad bonds . 


3,000 00 


Suspense account 


1,083 85 


Real estate by foreclosure . 


ll,i 74 HO 






Loans on real estate . 


288,390 52 






Loans on personal security, 


55,383 00 






Loans to counties, cities, or 




. 




towns ..... 


8,500 00 






Deposit in bank on interest, 


29,804 00 






Cash on hand 


7,859 14 




$404,770 96 


$401,770 C6 



Cash on Deposit in Bank: — 
Commonwealth National Bank, Boston 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2^ per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws : February and August. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 44- per cent. 
The total amount of loans, with each specified rate of interest: 

$1,500, 4 per cent; $0,000, 5 per cent; $79,000, 6 per cent; 

$265,773.52, 6* per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 212 

Aggregate amount of the same 

Number of open accounts 1,507 

Number and amount of deposits received for previous year, 1,356 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year ..... 
Number and amount of withdrawals .... 

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

Amount of treasurer's bond 

Date of examination by commissioner : May 19. 



:! 



$29,864 00 


$11,174 30 


10,345 00 


522 00 


109 45 


126,982 98 


9,722 40 


8,230 16 



238,173 52 



128,021 01 



85 


44,967 09 


874 


78,314 76 


338 




209 




• 


929 48 




20,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



843 



Public Funds. 



# 


Tar Value. 


Eslimntecl 
Market Value. 


Amount Invested. 


City and town bonds: — 
City of Rockland . 
Town of Westborough, water . 


$2,500 
10,000 


$2,400 00 
11,000 00 


$2,500 00 
10,000 00 




$12,500 


$13,400 00 


$12,500 00 



Bank Stock. 



Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Globe .Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
]S T ew England Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Republic Nat'l Bank, Boston . 
First Nat'l Bank, Westborough 
Millbury Nat'l Bank, Millbury 
Grafton Nat'l Bank, Grafton . 
Marlborough Nat'l Bank, Marlboro', 
Northborough Nat'l B'k, Northboro', 



$5,500 
3,000 
1,600 

800 
2,000 
3,000 
4,200 

600 

1,900 

1,000 

16,400 

2,000 

500 
3,000 
2,000 



$48,100 



$5,610 


00 


4,356 


00 


1,776 


00 


1,024 


00 


2,800 


00 


3,480 


00 


6,090 00 


870 


00 


2,185 


00 


1,250 


00 


17,712 


00 


2,400 


00 


550 


00 


3,750 


00 


2,200 


00 


$50,053 00 



$5,500 00 
3,600 00 
1,600 00 

800 00 
2,000 00 
3,000 00 
4,200 00 

000 00 

1,900 00 

1,000 00 

16,400 00 

2,000 00 

500 00 
3,000 00 
2,000 00 

$48,100 00 



Railroad Bonds. 



Boston, Clinton, and Fitchburg 
Fitchburg 


$2,000 
1,000 


$2,140 00 
1,100 00 


$2,000 00 
1,000 00 




$3,000 


$3,240 00 


$3,000 00 



344 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WESTFIELD SAYINGS BANK — WESTFIELD. 

Incorporated 1853. Number of corporators, 53. 

Samuel Fowler, President. Treasurer, V. W. Crowson. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$757,1^6 11 


Public funds 


$193,000 00 


Earnings undivided . 


19,505 55 


Bank stock .... 


54,200 00 


Guaranty fund . 


8,919 13 


Loans on bank stock . 


_ 3,150 00 


Rent received on real 




Real estate by foreclosure 


25,200 06 


estate held under 




Loans on real estate . 


388,218 56 


foreclosure 


1,520 39 


Loans on personal security 
Loans to counties, cities, oi 


46,940 90 






towns .... 


38,000 00 






Deposit in bank on interest 


5,119 94 






Expense account . 


1,280 66 






Premium on public funds 


14,531 56 






Premium on bank stock 


15,545 25 






Taxes and expenses on rea 


[ 






estate .... 


356 55 


| 




Cash on hand 


1,537 10 




$787,141 18 


$787,141 18 



Loans on Bank Stock: — 
On 38 shares First National Bank, Westfield 

Cash on Deposit in Bank : — 
First National Bank, Westfield ...:.. 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate .... 

Whole amount of interest or profits received or earned . 

Kate and amount of each semi-annual dividend for \ 2 per cent 

previous year . . . . ' : . . . ) 2 per cent 
Times for the dividends fixed by the by-laws : Jan. 10 and July 10. 
The total amount of loans, with each specified rate of interest 

$63,000, 5 per cent; $413,309.46, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 208 

Aggregate amount of the same 

Number of open accounts 2.571 

Number and amount of deposits received for previous year, 0.554 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 115 

Number and amount of withdrawals .... 1,395 

Number of accounts opened the previous year .... 344 
Number of accounts closed the previous year .... 310 
Amount of expenses of the corporation during previous year. 

Amount of treasurer's bond 

Date of examination by commissioner: July 13. 



$3,150 00 



$5,119 94 

$25,260 66 

24.300 00 

1,432 56 

317 44 

$40,047 80 
14.433 31 
14,717 00 



217,875 00 

165, S22 97 

58.870 47 
135.812 33 



1,395 6Q 
10,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



Public Funds. 



345 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, currency 

TqO • • • • 

no t • • • « 

O"o o • • • • 

City bonds: — 
City of Providence, R.I., water 
of Charlestown, water 
of Chelsea .... 
of Portland, Me. 


$40,000 
20,000 
57,000 
56,000 

$10,000 
3,000 
3,000 
4,000 


$52,205 00 
22,400 00 
66,120 00 
56,560 00 

$11,912 00 
3,555 00 
3,705 00 
4,460 00 


$47,463 15 
20,000 00 
59,324 48 
57,111 43 

$11,912 50 
3,555 00 
3,705 00 
4,460 00 




$193,000 


$220,917 00 


$207,531 56 



Bank Stock. 



First Nat'l Bank, Westfield . 
Hampden Nat'l Bank, Westfield 
Hampshire Co. N'l B'k, Northamp'n, 
Agawam Nat'l Bank, Springfield . 
City Nat'l Bank, Springfield . 


$42,200 

800 

3,000 

3,200 

5,000 


$57,392 00 
1,160 00 
3,900 00 
4,160 00 
6,000 00 


$56,973 25 
1,100 00 
3,000 00 
3,672 00 
5,000 00 




$54,200 


$72,612 00 


$69,745 25 



346 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WEYMOUTH SAVINGS BANK — WEYMOUTH. 
Incorporated 1833. Number of corporators, 72. 
Eben Denton, President. Treasurer, Chakles T. Crane. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$560,293 79 
37,394 01 
11,150 00 


Public funds 

Bank stock .... 
Bailroad bonds . 
Real estate by foreclosure . 
Loans on real estate . 
Loans on personal security, 
Loans to counties, cities, or 
towns .... 
Suspense account* 
Cash, on band and in bank. 


$26,782 65 

68,400 00 

11,800 00 

135,540 00 

282,711 00 

51,294 00 

5,000 00 

25,700 00 

1,604 15 


**•■ ■ — ' - ■ ■- — — ,- i . . ,. . 


$608,837 80 


3608,837 80 



Cash on Deposit in Bank : — 
Union National Bank, Weymouth 



$1,353 45 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Bate and amount of each semi-annual dividend for ( 2 per cent 

previous year '2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7 -J- per cent. 
The total amount of loans, with each specified rate of interest: 

$30,000, 4 per cent; $5,000, 4$ per cent; $6,000, 5 per cent; 

$70,110, 6 per cent; $S8,690, 6£ per cent; $49,755, 7 per cent; 

$4,900, 7-!% per cent; $41,102, 7i per cent; $42,548, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 208 

Aggregate amount of the same 

Number of open accounts 1,794 

Number and amount of deposits received for previous year . 274 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 19 

Number and amount of withdrawals .... 1,171 

Number of accounts opened the previous year .... 81 
Number of accounts closed the previous year .... 522 
Amount of expenses of the corporation during previous year. 

Amount of treasurer's bond 

Date of examination by commissioner: May 23. 



$135,546 00 

95,590 00 

C,001 79 

1,340 03 

$30,367 43 
j 13.189 90 
) 11.434 17 



203,005 00 

23,046 63 

8,350 72 
155,696 56 



2,750 72 
17,500 00 



* This amount is made up of indebtedness in suspense, but from whicb tbere is a possibility 
that something may be realized. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



347 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 


$27,000 


$31,363 75 


$26,782 65 



Bank Stock. 



Union Nat'l Bank, Weymouth 


$36,400 


$43,680 00 


$36,400 00 


Hide and Leather Nat'l B'k, Boston, 


7,500 


8,737 00 


7,500 00 


Washington Nat'l Bank, Boston 


4,000 


5,600 00 


4,000 00 


Traders' Nat'l Bank, Boston . 


4,000 


4,080 00 


4,000 00 


Webster Nat'l Bank, Boston . 


2,700 


3,011 00 


2,700 00 


Boston Nat'l Bank, Boston 


2,700 


3,456 00 


2,700 00 


Republic Nat'l Bank, Boston . 


3,000 


3,930 00 


3,000 00 


Exchange Nat'l Bank, Boston 


1,500 


2,160 00 


1,500 00 


Merchants' Nat'l Bank, Boston 


1,200 


1,752 00 


1,200 00 


North Nat'l Bank, Boston 


1,400 


1,988 00 


1,400 00 


Metropolitan Nat'l Bank, Boston 


2,000 


2,400 00 


2,000 00 


Merchandise Nat'l Bank, Boston 


2,000 


2,200 00 


2,000 00 




$68,400 


$82,994 00 


$68,400 00 






Railroad Bonds. 



Boston, Revere Beach, and Lynn 6s 




$11,800 00 



348 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WHITINSVILLE SAVINGS BANK — WHITINSVILLE. 

Incorporated 1872. Number of corporators, 58. 

John C. Whitin, President. Treasurer, H. A. Goodell. 

Statement. 



Liabilities. 

• 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$222,739 64 
6,298 05 
2,076 24 


Public funds 

Bank stock .... 
Railroad bonds 
Loans on real estate . 
Loans on personal security, 
Deposit in bank on interest, 
Expense account 
Cash in bank 


$9,000 00 
7(5,398 79 
26,610 00 
63,340 01 
41,000 00 
11,209 30 
802 05 
2,723 78 




$231,113 93 


$231,113 93 



Cash on Deposit in Banks, amount in each : — 

Commonwealth National Bank, Boston 

Whitinsville National Bank 

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for / 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws: May and November. 
The total amount of loans, with each specified rate of interest 



:l 



$11,209 30 


2,723 


7S 


$11,765 


98 


3,767 


66 


4,049 


19 



$22,500, 4 per cent; $9,000, U per cent: 

$65,205, 6 per cent; $1,450, 6£ per cent; 

$2,035.01, 7i per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : May 2. 

Public Funds. 



$10,300, 5 per cent; 
$2,850,' 7 per cent; 



43 

820 

770 

37 
384 
191 
105 



42,740 01 

59,849 25 

16.122 25 
41,233 30 



419 50 
20,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City bonds: — 
City of Norwich, Conn. . 
of Fall River . 
of Manchester, N.H. 



M,000 $1,140 00 
5,000 6,250 00 

3,000 3,480 00 



$9,000 



$10,870 00 



$1,000 00 
5,000 00 
3,000 00 

$9,000 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



349 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



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 
Eliot Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston . 
Faneuil Hall Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Millbury Nat'l Bank, Millbury 
North borough Nat'l B'k, Northboro' 
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 . 
Union Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 



$3,900 
2,000 
2,000 
2,000 
300 
1,600 
3,000 
1,100 
4,000 
3,000 
1,000 
1,000 
1,000 
2,500 
3,000 
4,200 
3,000 
1.600 
1,000 
2,500 
3,000 
4,000 
1,900 
2,800 
1,000 
2,000 



158,400 



15,986 


50 


2,540 


00 


2,350 


00 


2,560 


00 


393 


00 


2,292 


00 


3,720 


00 


1,432 


75 


4,500 


00 


3,513 


75 


1,202 


50 


1,482 


50 


1,345 


00 


3,137 


50 


3,825 


00 


6,300 


00 


3,600 


00 


2,000 


00 


1,520 


00 


3,600 


00 


3,607 


50 


5,410 


00 


2,375 


00 


3,668 


00 


1,512 


50 


2,275 00 


$76,148 50 



$5,640 75 
2,492 50 
2,651 
2,998 
323 
2,225 
3,752 
1,334 
4,500 
3,735 
1,167 
1,740 
1,398 
3,360 
3,760 
6,055 75 
3,541 75 
2,080 
1,485 
3,243 
3,287 
6,027 
2,369 
3,578 
1,372 
2,277 



17 
00 
25 
00 
50 
00 
00 
00 
50 
00 
75 
25 
62 



00 
00 
75 
50 
50 
75 
50 
50 
50 



$76,398 79 



Railroad Bonds. 



Providence and Worcester 
Old Colony .... 
Worcester and Nashua 
Salem and Lowell . 
Connecticut and Passumsic Rivers 



$12,000 
7,000 
1,000 
3,000 
2,000 



$25,000 



$14,400 00 


8,120 


00 


1,000 


00 


3,300 


00 


2,320 


00 


$29,140 00 



$13,340 00 
7,000 00 
1,000 00 
3,300 00 
2,000 00 

$26,640 00 



350 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WINCHENDON SAYINGS BANK — WINCHENDON. 
Incorporated 1854. Number of corporators, 125. 

Orlando Mason, President. Treasurer, C. L. Beals. 

Statement. 



Liabilities 


• 


Assets. 


Deposits 


$482,031 58 


Public funds 


$58,000 00 


Earnings undivided . 


17,700 70 


Bank stock .... 


89,100 00 


Guaranty fund . 


10,370 74 


Loans on bank stock . 


20,234 04 






Railroad bonds 


21,000 00 






Real estate by foreclosure . 


2,700 00 






Loans on real estate . 


244,479 00 






Loans on personal security, 


90,033 12 






Loans to counties, cities, or 








towns 


8,000 00 






Deposit in bank on interest, 


10,210 80 






Furniture account 


200 00 






Cash on hand 


4,751 40 




$510,709 02 


$510,709 02 



Loans on Bank Stock, amount on each: — 
On 205 shares First National Bank, Winch endon 
On 2 shares Quinsigamond National Bank, Worcester . 

Cash on Deposit in Bank: — 
First National Bank, Winchendon 



. $20,054 54 
179 50 



. $16,210 80 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

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

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ( 2 per cent 

previous year S 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 : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$20,000, 4 per cent; $3,000, 4 J per cent; $44,954.54, 5 per cent; 

$4,000, 5| per cent; $200,292.22, 6 per cent; $1,500, 6| per cent; 

$7,700, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 175 

Aggregate amount of the same . . . - 

Number of open accounts 1,806 

Number and amount of deposits received for previous year . 789 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 48 

Number and amount of withdrawals 633 

Number of accounts opened the previous year .... 207 



$2,700 00 

2,775 00 

174 00 

40 24 

$25,923 04 
8,817 94 
9,013 07 



137,S92 22 

73.727 61 

22,289 28 

56,348 10 



1882.] 



PUBLIC DOCUMENT — No. 8. 



351 



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

Amount of treasurer's bond 

Date of examination by commissioner: June 24. 



133 



$995 49 
50,000 00 



Public Funds. 



( 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 3^s .... 


$8,000 


18,040 00 


$8,000 00 



Bank Stock. 



First Nat'l Bank, Winch en don 
First Nat'l Bank, Leominster . 
First Nat'l Bank, Boston 
Mechanics' Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Rollstone Nat'l Bank, Fitchburg 
Fitchburg Nat'l Bank, Fitchburg 



$31,600 
8,500 
1,600 
3,400 
0,700 
4,800 

10,000 
2,500 

10,000 
9,000 
1,000 



$89,100 



$39,500 00 


8,500 00 


3,200 


00 


4,250 


00 


7,638 00 


5,856 


00 


13,900 


00 


2,800 


00 


12,800 


00 


13,950 


00 


1,350 


00 
00 


$113,744 



$31,600 00 
8,500 00 
1,600 00 
3,400 00 
6,700 00 
4,800 00 

10,000 00 
2,500 00 

10,000 00 
9,000 00 
1,000 00 

$S9,100 00 



Railroad Bonds. 



Cheshire . 
Fitchburg 



$6,000 
15,000 



$21,000 



$6,180 00 
15,900 00 



$22,0S0 00 



$6,000 00 
15,000 00 



$21,000 00 



352 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WINCHESTER SAYINGS BANK — WINCHESTER. 

Incorporated 1871. Number of corporators, 30. 
Thomas P. Ayer, President. Treasurer, John T. Manny. 

Statement. 



Liabilities. 



Assets. 



Deposits 


$229,688 15 


Public funds 


$46,385 00 


Earnings undivided . 


975 70 


Bank stock .... 


14,510 75 


Guaranty fund . 


2,429 53 


Railroad bonds . 


15,511 25 


Premium fuud 


1,635 00 


Real estate by foreclosure . 


2,027 05 






Loans on real estate . 


111,217 22 






Loans on personal security, 


17,250 00 






Deposit in banks on interest, 


27,151 48 






Safe and fixtures 


500 00 


• 




Cash on band 


175 69 




$234,728 44 


$234,728 44 



Casli on Deposit in Banks, amount in each : — 

Exchange National Bank 

Eliot 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 . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for I 24 per cent 

previous year ' 2-J per cent 

Times for the dividends fixed by the by-laws: third Wednesday in 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 4 per cent; $34,000, 5 per cent; $3,500, 54. per cent; 

$73,892.22, 6 per cent; $8,000, 6£ percent; $48,525, 7 per cent; 

$9,350, 7-J- per cent ; $200, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 29 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

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. 



$24,000 00 


3,151 48 


$2,027 05 


2,150 00 


180 CO 


25 37 


$11,884 09 


4,260 37 


5,024 06 



. 


34,975 00 


890 




,229 


86,660 22 


67 


39,043 65 


513 


43,861 70 


232 




118 




• 


791 67 


• 


r,ooo oo 



1882.] 



PUBLIC DOCUMENT — No. 8. 



353 



Public Funds. 





i 

Par Value. 


Estimated 


Amount Invested. 






Market Value. 




State, city, and town bonds: — 








State of New Hampshire 


$2,000 


$2,400 00 


$2,170 00 


of Maine .... 


1,000 


1,020 00 


1,030 00 


City of Chelsea .... 


3,000 


3,420 00 


3,270 00 


of Portland, Me. 


2,000 


2,210 00 


2,140 00 


of Lynn ..... 


2,000 


2,320 00 


2,340 00 


of Cambridge .... 


1,000 


1,160 00 


1,180 00 


Town of Woburn .... 


3,000 


3,420 00 


3,255 00 


of Winchester 


30,000 


32,050 00 


31,000 00 




$44,000 


$48,000 00 


$46,385 00 



Bank Stock. 



Metropolitan Nat'l Bank, Boston 


$2,000 


$2,400 00 


$2,000 00 


Eliot Nat'l Bank, Boston 


3,000 


3,600 00 


3,240 00 


Atlas Nat'l Bank, Boston 


2,200 


2,750 00 


2,583 00 


Woburn Nat'l Bank, Woburn . 


2,000 


3,000 00 


3,000 00 


Eagle Nat'l Bank, Boston 


1,300 


1,560 00 


1,472 25 


State Nat'l Bank, Boston 


700 


875 00 


844 25 


North America Nat'l Bank, Boston, 


500 


575 00 


570 00 


Hamilton Nat'l Bank, Boston . 


400 


452 00 


496 00 


Commerce Nat'l Bank, Boston 


300 


384 00 


305 25 




$12,400 


$15,596 00 


$14,510 75 



Railroad Bonds. 



Boston and Lowell 
Old Colony . 
Boston and Albany 
Fitchburg 



$6,000 
4,000 
2,000 
2,000 



$14,000 



$6,655 00 
4,600 00 
2,320 00 
2,200 00 



$15,775 00 



£6,368 75 
4,800 00 
2,162 50 
2,180 00 



$15,511 25 



45 



354 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WOBURN FIVE CENTS SAVINGS BANK — WOBURN. 

Incorporated April 11, 1854. Number of corporators, 11. 

John Cummings, President. Treasurer, E. E. Thompson. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$440,461 71 

28,993 65 

2,617 95 


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, 
Cash on baud . . . 


$204,140 88 

37,353 50 

124,082 90 

63,350 00 

36,676 43 

6,118 70 

350 90 




$472,073 31 


$472,073 31 



Cash on Deposit in Bank: — 
First National Bank, Woburn 



$6,118 70 



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 . 



$37,353 50 

49,870 00 

2,710 06 

738 43 



Whole amount of interest or profits receive:! or earned . 

Rate and amount of each semi-annual dividend for / 24- per cent 
previous 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 : 44- per cent. 

The total amount of loans, with each specified rate of interest: 
$6,1 IS. 70, 24 per cent; $48,700, 4 per cent; $20,076.43, 44- per 
cent; $38,500, 5 per cent ; $18,702.00,6 percent; $23,000. G4j per 
cent; $37,515, 7 per cent; $200, 7 , : -,, per cent: $">,S75, 8 per cent. 

Number of outstanding loans which are of an amount not 



$22,481 82 
7,970 72 

7.001 7S 



exceeding $3,000 each 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts . 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner : April 9. 



88 



• • 


76.700 00 


• • 


1,200 00 


2.205 




1,082 


153.110 89 


y 

. 129 


76.701 83 


. 812 


40.678 15 


. 484 




. 199 




• • 


2,206 


• • 


20.000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



355 



Bank Stock. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


Atlas Nat'l Bank, Boston 


$13,000 


$16,250 00 


$15,208 13 


Blackstone Nat'l Bank, Boston 


10,500 


12,075 00 


14,738 50 


Boston Nat'l Bank,- Boston 


2,000 


2,560 00 


3,252 50 


Continental Nat'l Bank, Boston 


6,700 


7,947 87 


9,070 75 


Commerce Nat'l Bank, Boston 


1,200 


1,545 00 


1,515 00 


Eliot Nat'l Bank, Boston 


4,500 


5,411 25 


5,373 75 


Faneuil Hall Nat'l Bank, Boston 


5,500 


7,191 25 


7,125 25 


Hide and Leather Nat'l B'k, Boston, 


12,800 


14,720 00 


. 13,642 25 


Howard Nat'l Bank, Boston . 


2,500 


3,252 92 


2,831 25 


New England Nat'l Bank, Boston . 


16,500 


24,502 50 


23,452 50 


Old Boston Nat'l Bank, Boston 


1,000 


1,220 00 


1,260 00 


Revere Nat'l Bank, Boston 


15,000 


18,225 00 


18,012 50 


Shawm ut Nat'l Bank, Boston . 


25,000 


31,875 00 


30,118 75 


Shoe and Leather Nat'] B'k, Boston, 


17,000 


19,125 00 


22,638 75 


Second Nat'l Bank, Boston 


2,000 


3,030 00 


3,205 00 


Suffolk Nat'l Bank, Boston 


3,900 


4,753 13 


4,912 00 


Webster Nat'l Bank, Boston . 


1,000 


1,115 00 


1,050 00 


Woburn Nat'l Bank, Wo burn 


20,000 


29,000 00 


26,734 00 




$160,100 


$203,798 92 


$204,140 88 



356 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORCESTER COUNTY INSTITUTION FOR SAVINGS— WORCESTER. 

Incorporated Feb. 5, 1828. Number of corporators, 187. 
Alexander H. Bullock, President. Treasurer, Charles A. Chase. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings undivided . 
Guaranty fund . 
Suspense account 


$8,118,000 85 

220,076 55 

133,000 00 

10,597 71 


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, oi 

towns .... 
Deposit in banks on interes 
Expense account . 
Cash on hand 


$1,898,800 00 

25,000 00 

791,050 00 

65,500 00 

738,000 00 

121.240 35 

2,430,681 00 

1,164,595 70 

'. 556,200 00 

t, 681,260 56 

5,043 91 

4,303 59 




$8,481,675 11 


$8,481,675 11 



Loans on Public Funds : — 
On $25,000 United States 4s 



Loans on Bank Stock, amount on each : — 
On 550 shares First National Bank, Worcester . 
On 100 shares Franklin County National Bank, Greenfield 
On 5 shares Central National Bank, Worcester 

Cash on Deposit in Banks, amount in each: — 

First National Bank, Worcester 

Citizens' National Bank, Worcester 

City National Bank, Worcester 

Quinsigamond National Bank, Worcester .... 
Worcester National Bank, Worcester .... 

Exchange National Bank, Boston 

National Bank of the Commonwealth, Boston . 
Wach'usett National Bank, Fitchburg .... 
Westminster National Bank, Westminster 

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 .... 



$25,000 00 

$55,000 00 

10,000 00 

500 00 

$113,000 00 
50,000 00 
120.000 00 
60.000 00 
115,260 56 
65.000 00 
70.000 00 
75.000 00 
10,000 00 

$121,240 35 

111,840 00 

4,038 00 

1,864 00 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for I 2 per cent . ( 

previous year '2 per cent . ( 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$150,000, 8| per cent; $493,500, 3£ per cent; $100,000, 3| per cent: 

$335,700, 4 per cent; $165,500, 4| per cent; $84,500, 4£ per cent; 

$12,000, 4f per cent; $1,587,500, 5 per cent; $60,000, 5£ per cent; 

$1,223,681, 6 per cent; $4,500, 7 per cent. 



$427,410 43 
147,143 42 
151,719 49 



1882.] 



PUBLIC DOCUMENT — No. 8. 



357 



Number of outstanding loans which are of an amount not 
exceeding $3,000 each ........ 592 

Aggregate amount of the same . . $901,245 TO 

Number of open accounts 19,009 

Number and amount of deposits received for previous year, 13,208 1,196,430 26 
Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year 1,052 600,111 21 

Number and amount of withdrawals .... 9,868 1,014,690 75 

Number of accounts opened the previous year . . 2,828 

Number of accounts closed the previous year . . . 2,008 

Amount of expenses of the corporation during previous year . 13,797 39 

Amount of treasurer's bond 50,000 00 

Date of examination by commissioner: June 1. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^s 


$50,000 


$56,000 00 


$50,000 00 


" " 4s . . . . 


553,800 


642,400 00 


553,800 00 


State, county, city, and town 








bonds : — • 








State of Maine 6s . 


$20,000 


$23,000 00 


$20,000 00 


of Rhode Island 6s 




77,000 


78,540 00 


77,000 00 


County of Merrimack, N.H., ( 


)S 


1,500 


1,590 00 


1,500 00 


City of Worcester 6s 






102,500 


112,750 00 


102,500 00 


of Worcester 5s 






105,000 


115,500 00 


105,000 00 


of Worcester 4s 






500,000 


540,000 00 


500,000 00 


of Roxbury 5s . 






20,000 


20,250 00 


20,000 00 


of Charlestown 6s 






5,000 


5,750 00 


5,000 00 


of Newton 6s . 






40,000 


53,600 00 


40,000 00 


of Lawrence 6s 






5,000 


5,750 00 


5,000 00 


of Lynn 6s 






50,000 


62,000 00 


50,000 00 


of Lowell 6s 






36,000 


42,120 00 


36,000 00 


of New Bedford 6s . 






5,000 


5,850 00 


5,000 00 


of New London, Conn., 7 


s 


25,000 


36,000 00 


25,000 00 


of Meriden, Conn., 7s 




26,000 


31,200 00 


26,000 00 


of Manchester, N.H., 6s 




38,500 


46,200 00 


38,500 00 


of Nashua, N.H., 6s 




33,000 


39,270 00 


33,000 00 


of Fitchburg 6s 




35,000 


41,300 00 


35,000 00 


of Somerville 6As 

of Providence, R.I., 41s . 




10,000 


10,450 00 


10,000 00 




50,000 


54,250 00 


50,000 00 


of Chelsea 4^s . 




46,000 


47,800 00 


46,000 00 


of Concord, N.H., 6s 




500 


610 00 


500 00 


Town of Brookline 7s 




20,000 


27,500 00 


20,000 00 


of Natick 7s . 




10,000 


10,800 00 


10,000 00 


of Northampton 6s 




13,000 


15,400 00 


13,000 00 


of Westborough 5s 




21,000 


24,360 00 


21,000 00 








$1,898,800 


$2,150,240 00 


$1,898,800 00 



358 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock. 





Tar Value. 


Estimated 


Amount Invested. 


• 




Market Va 


lue 




Atlantic Nat'l Bank, Boston . 


85,400 


$8,262 


00 


$5,400 00 


Atlas Nat'l Bank, Boston 


37 


500 


46,875 


00 


37 


500 00 


Blackstone Nat'l Bank, Boston 


13 


SOO 


15,870 


00 


13 


SOO 00 


Boylston Nat'l Bank, Boston . 


1 


400 


1,792 


00 


1 


400 00 


Columbian Nat'l Bank, Boston 





400 


7,722 


00 


5 


400 00 


Continental Nat'l Bank, Boston 


12 


000 


14,160 


00 


. 12 


000 00 


Eliot Nat'l Bank, Boston 


9 


000 


10,800 


00 


9 


,000 00 


Faneuil Hall Nat'l Bank, Boston 


2 


000 


2,680 


00 


o 


000 00 


First Nat'l Bank, Boston 


25 


,000 


51,750 


00 


25 


000 00 


Freeman's Nat'l Bank, Boston 


17 


200 


20,468 


00 


17 


,200 00 


Globe Nat'l Bank, Boston 


3 


100 


3,441 


00 


•> 
o 


,100 00 


Hamilton Nat'l Bank, Boston . 


18 


,000 


22,140 


00 


18 


,000 00 


Howard Nat'l Bank, Boston 


15 


,000 


19,500 


00 


15 


,000 00 


Market Nat'l Bank, Boston 


7 


.400 


8,140 


00 


7 


,400 00 


Massachusetts Nat'l Bank, Boston . 


11 


,000 


13,640 


00 


11 


,000 00 


Merchants' Nat'l Bank, Boston 


12 


,500 


18,375 


00 


12 


,500 00 


Commerce Nat'l Bank, Boston 


18 


,000 


23,040 00 


18 


,000 00 


North America Nat'l Bank, Boston, 


7 


SOO 


8,970 


00 


i 


,soo 00 


Redemption Nat'l Bank, Boston 


9 


,300 


12,555 


00 


9 


300 00 


Republic Nat'l Bank, Boston . 


21 


000 


27,510 


00 


21 


000 00 


City Nat'l Bank, Boston . 


20 


800 


26,416 


00 


20 


,800 00 


Eagle Nat'l Bank, Boston 


11 


000 


13,090 


00 


11 


,000 00 


Exchange Nat'l Bank, Boston 


4 


900 


7,056 


00 


4 


,900 00 


Hide and Leather Nat'l B'k, Boston, 


30 


800 


36,314 


00 


30 


800 00 


Revere Nat'l Bank, Boston 


37 


500 


45,750 


00 


37 


500 00 


Union Nat'l Bank, Boston 


7 


100 


10,863 


00 


7 


100 00 


Webster Nat'l Bank, Boston . 


30 


000 


33,750 


00 


30 


000 00 


New England Nat'l Bank, Boston . 


19 


900 


29,250 


00 


19 


900 00 


North Nat'l Bank, Boston 


4 


700 


6,674 


00 


4 


700 00 


Old Boston Nat'l Bank, Boston 


3 


250 


3,9b5 


00 


3 


250 00 


Second Nat'l Bank, Boston 


35 


200 


53,150 


00 


35 


200 00 


Shawmut Nat'l Bank, Boston . 


17 


300 


21,970 


00 


17 


300 00 


Shoe and Leather Nat'l B'k, Boston, 


13 


400 


15.110 


00 


13 


400 00 


State Nat'l Bank, Boston 


11 


300 


14,125 


00 


11 


300 00 


Suffolk Nat'l Bank, Boston . 


3 


400 


4,114 


00 


3 


400 00 


Tremont Nat'l Bank, Boston . 


15 


GOO 


19.032 


00 


15. 


600 00 


Washington Nat'l Bank, Boston 


19 


000 


26,600 


00 


19 


000 00 


Blackstone Nat'l Bank, Uxbridge . 


1 


000 


1.250 


00 


1, 


000 00 


Fitchburg Nat'l Bank, Fitchburg . 


5 


100 


7,905 


00 


5 


100 00 


Grafton Nat'l Bank, Grafton . 


4 


500 


4,950 


00 


4. 


500 00 


Lancaster Nat'l Bank, Lancaster 


2. 


300 


2,875 


00 


2. 


300 00 


Leicester Nat'l Bank, Leicester 


5 


500 


6,050 


00 


5^ 


500 00 


Millbury Nat'l Bank, Mill bury 


10 


800 


12,960 


00 


10. 


800 00 


Oxford Nat'l Bank, Oxl'oid . 


4 


SOO 


5.760 


00 


4. 


800 00 


Southbridge Nat'l B'k, Southbridge, 


3. 


000 


4,050 00 


3. 


000 00 


Third Nat'l Bank, Springfield 


20 


000 


33,000 


00 


20, 


000 00 


Ware Nat'l Bank, Ware . 




SOO 


960 


00 




SOO 00 


Central Nat'l Bank, Worcester 


28 


100 


37,935 


00 


28, 


100 00 


Citizens' Nat'l Bank, Worcester 


24 


SOO 


28,520 


00 


24. 


SOO 00 


City Nat'l Bank. Worcester 


29 


500 


33.335 


00 


29. 


500 00 


Mechanics' Nat'l Bank, Worcester . 


13 


300 


15.428 


00 


13. 


000 00 


Quinsigamond Nat 1 B'k, Worcester, 


20 


(300 


23,072 


00 


20. 


6(H) 00 


Worcester Nat'l Bank, Worcesler . 


so 


000 


1(12.400 


00 


80. 


000 00 




$791 


050 


$1,025,429 00 


$791. 


050 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



Railkoad Bonds. 



359 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Albany .... 

Boston and Maine . 

Fitchburg . 

Old Colony ..... 

Providence and Worcester 

Worcester and Nashua 


$200,000 
30,000 
30,000 

154,000 
64,000 

260,000 


$245,300 00 
38,100 00 
39,300 00 

192,500 00 
78,080 00 

262,600 00 


$200,000 00 
30,000 00 
30,000 00 

154,000 00 
64,000 00 

260,000 00 


\ 


$738,000 


$855,880 00 


$738,000 00 






360 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORCESTER FIVE CENTS SAVINGS BANK — WORCESTER. 

Incorporated April 1, 1854. Number of corporators, 303. 
Clarendon Harris, President. Treasurer, George W. "Wheeler. 

Statement. 



Liabilities 


. 


• Assets. 


Deposits 


$2,301,853 95 i 


Public funds 


$387,500 00 


Earnings undivided . 


24,511 45 


Loans on public funds 


3,900 00 


Guaranty fund . 


25,000 00 


Bank stock .... 


273,600 00 






Loans on bank stock . 


6,825 00 






Railroad bonds . 


29,000 00 






Real estate by foreclosure . 


10,350 00 






Loans on real estate . 


1,112,900 00 






Loans on personal security, 


2,150 00 






Loans to counties, cities, or 








towns .... 


84,500 00 






Deposit in banks on interest, 


412,061 71 






Expense account . 


2,089 60 






Premium account 


25,000 00 






Casb on baud 


1,489 09 




$2,351,366 40 


$2,351,365 40 



Loans on Public Funds, amount on each: — 

On $3,000 United States bonds 

On $1,000 City of Norwich bonds .... 

Loans on Bank Stock, amount on each : — 
On 8 shares Central National Bank, Worcester 
On 15 shares Quinsigamond National Bank, Worcester 
On 30 shares Worcester National Bank, Worcester . 
On 15 shares Grafton National Bank, Grafton . 
On 5 shares Millbury National Bank, Millbury 
On 5 shares Shawmut National Bank, Boston . 



Cash on Deposit in Banks, amount in each : — 
City National Bank, Worcester . 
Quinsigamond National Bank, Worcester 
Maverick National Bank, Boston 
Security National Bank, Boston 
Wachusett National Bank, Fitchburg 

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



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for I 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5£ per cent. 



$3,000 00 
900 00 



$600 00 

1.500 00 

2,500 00 

1,225 00 

500 00 

500 00 



$112,061 71 

110,000 00 

125,000 00 

40,000 00 

25,000 00 

$10,350 00 

6,100 00 

373 12 

102 69 

$115,750 41 
j 41,060 98 
i 42,401 85 



1882.] 



PUBLIC DOCUMENT — No. 8. 



361 



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

$347,061.71, 4 per cent; $67,000, 4£ per cent; $55,000, 4-fr per 

cent; $595,975, 5 per cent; $557,300, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . 481 

Aggregate amount of the same 

Number of open accounts 9,914 

Number and amount' of deposits received for previous year, 7,799 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: June 2. 



354 

4,257 
1,564 

, 987 



$586,975 00 

403,686 18 

196,941 78 
332,661 28 



5,279 29 
20,000 00 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 


$39,000 


$45,288 75 


$43,256 00 


j.~nO .... 


65,000 


73,450 00 


72,825 00 


" " 5s, continued 


70,000 


71,400 00 


71,221 00 


" " 6s, continued 


51,000 


51,510 00 


51,510 62 


City and town bonds : — 








City of Cambridge 6s 


$25,000 


$25,750 00 


$25,000 00 


of Lowell 6s 


27,000 


30,510 00 


27,000 00 


of Lynn 5s ... . 


5,000 


5,050 00 


5,000 00 


of New London, Conn., 7s 


14,000 


18,900 00 


14,000 00 


of Newton 6s . 


25,000 


31,250 00 


25,000 00 


of Salem 5s ... 


3,000 


3,030 00 


3,000 00 


of Springfield 7s 


12,000 


16,680 00 


12,000 00 


of Worcester 5s and 6s 


46,500 


50,775 00 


46,500 00 


Town of Brookline 7s 


5,000 


6,650 00 


5,000 00 




$387,500 


$430,243 75 


$401,312 62 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$5,000 


$6,250 00 


$5,000 00 


Blackstone Nat'l Bank, Boston 


8,800 


10,120 00 


9,693 75 


City Nat'l Bank, Boston . 


2,500 


3,175 00 


3,003 13 


Commerce Nat'l Bank, Boston 


4,400 


5,665 00 


4,400 00 


Commonwealth Nat'l Bank, Boston, 


8,000 


9,960 00 


9,103 75 


Eagle Nat'l Bank, Boston 


10,000 


11,975 00 


10,000 00 


Eliot Nat'l Bank, Boston 


12,200 


14,670 50 


12,593 75 


First Nat'l Bank, Boston 


6,700 


13,919 25 


6,700 00 


Fourth Nat'l Bank, Boston 


2,500 


2,750 00 


2,683 13 


Globe Nat'l Bank, Boston 


10,000 


11,150 00 


11,000 00 


Hamilton Nat'l Bank, Boston . 


5,000 


6,187 50 


5,000 00 


Hide and Leather Nat'l B'k, Boston, 


16,400 


19,106 00 


17,983 25 



46 



362 



BANK COMMISSIONERS' REPORT. 



Bank Stock — Concluded. 



[Jan. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Howard Nat'l Bank, Boston . 


$10,000 


$13,125 00 


$10,000 00 


Market Nat'l Bank, Boston 


1,200 


1,329 00 


1,296 00 


Merchants' Nat'l Bank, Boston 


5,000 


7,300 00 


5,000 00 


North Nat'l Bank, Boston 


800 


1,131 00 


800 00 


North America Nat'l Bank, Boston . 


18,500 


• 21,275 00 


21,121 50 


Pacific Nat'l Bank, Boston 


10,000 


10,550 00 


10.601 25 


Shawmut Nat'l Bank, Boston . 


5,000 


6,375 00 


5.000 00 


Shoe and Leather Nat'l B'k, Boston, 


6,300 


7,119 00 


7,072 50 


State Nat'l Bank, Boston 


5,000 


6,275 00 


5,000 00 


Third Nat'l Bank, Boston 


1,600 


1,704 00 


1.712 00 


Traders' Nat'l Bank, Boston . 


15,700 


16,014 00 


16,195 87 


Webster Nat'l Bank, Boston . 


11,000 


12,265 50 


11,817 50 


Central Nat'l Bank, Worcester 


7,000 


9,100 00 


7,000 00 


Citizens' Nat'l Bank, Worcester 


700 


770 00 


700 00 


City Nat'l Bank, Worcester 


26,800 


29,480 00 


26,800 00 


Mechanics' Nat'l Bank, Worcester . 


6,400 


7,040 00 


6,400 00 


Quinsigamond Nat'l B'k, Worcester, 


13,900 


15,568 00 


13,900 00 


Worcester Nat'l Bank, Worcester % 


2,000 


2,240 00 


2,000 00 


First Nat'l Bank, Leominster . 


5,000 


5,750 00 


5,000 00 


Grafton Nat'l Bank, Grafton . 


5,000 


6,000 00 


5,000 00 


Leicester Nat'l Bank, Leicester 


3,000 


3.600 00 


3,000 00 


Millbury Nat'l Bank, Millbury 


10,700 


13,375 00 


10,700 00 


Northborough Nat'l B'k, Northboro', 


3,000 


3,450 00 


3,000 00 


Spencer Nat'l Bank, Spencer . 


5,000 


5,400 00 


5,000 00 


Wachusett Nat'l Bank, Fitchburg . 


2,500 


5,000 00 


2,500 00 


Westminster Nat'l B'k, Westminster, 


1,000 


1,000 00 


1,000 00 




$273,600 


$327,166 75 


$284,787 38 


Railroa 


d Bonds. 






Worcester and Nashua 5s 


j 
$29,000 , 


$30,200 00 

! 


$29,000 00 



1882.] 



PUBLIC DOCUMENT— No. 8. 



363 






WORCESTER MECHANICS' SAVINGS BANK — WORCESTER. 

Incorporated April 15, 1851. Number of corporators, 102. 

Harrison Bliss, President. Treasurer, Henry Woodward. 

Statement. 



Liabilities. 


Assets. 


Deposits 


.$3,202,293 77 


Public funds 


$039,000 00 


Earnings undivided . 


38,427 79 


Bank stock .... 


205,200 00 


Guaranty fund . 


38,388 18 


Loans on bank stock . 


3,795 00 






Railroad bonds 


71,500 00 






Real estate bv foreclosure . 


51,309 97 






Loans on real estate . 


1,200,412 56 






Loans on personal security, 


305,447 34 






Loans to counties, cities, or 








towns 


54,000 00 






Deposit in banks on interest, 


509,494 46 






Expense account . 


3,120 16 






Suspense account 


7,712 13 






Premium account 


40,249 89 






Cash on hand 


7,868 23 




$3,279,109 74 


$3,279,109 74 



Loans on Bank Stock, amount on 'each: — 

On 15 shares City National Bank, Worcester 

On 4 shares Leicester National Bank . 

On 4 shares Central National Bank, Worcester, and 5 shares Leices- 
ter National Bank 

On 28 shares First National Bank, Worcester 



Cash on Deposit in Banks, amount in each : — 
National Bank of Commerce, Boston 
Mechanics' National Bank, Worcester 
Maverick National Bank, Boston 
City National Bank, Worcester . 
Quinsigamond National Bank, Worcester 
Wachusett National Bank, Fitchburg 

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



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest 

$150,000, 3£ per cent; $88,798.09, 4 per cent; $50,000, 4-J per cent; 

$402, 180, 5 per cent; $932,076.81, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 479 

Aggregate amount of the same 



$495 00 
300 00 

500 00 
2,500 00 



$5 33 

272,142 40 

117,346 73 

45,000 00 

50,000 00 

25,000 00 

$51,309 97 

49,500 00 

1,320 00 

764 96 

$159,470 15 
j 58,273 66 
i 60,032 12 



618,208 20 



364 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts 6,571 

Number and amount of deposits received for previous year, 3,613 $467,366 76 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 493 

Number and amount of withdrawals .... 3,426 

Number of accounts opened the previous year . . ... 918 
Number of accounts closed the previous year .... 642 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: June 3. 



282,283 62 
393,643 08 



8,107 59 
20,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4^s 

4s 



u 



u 



City and town bonds : — 

City of Worcester 5s 
of Providence 4-^s 
of Springfield 7s 
of Cambridge 6s 
of New London 7s . 
of Fitch burg 6s 
of Augusta, Me., 6s 
of Portsmouth, N.H., 6s 
of Norwich, Conn., 5s 

Town of Brook line 7s 



$155,000 $173,600 00 
188,000 217,080 00 



$100,000 

79,000 

34,000 

25,000 

20,000 

10,000 

11,000 

5,000 

5,000 

7,000 



$639,000 



$109,000 00 

84,925 00 

47,600 00 

27,500 00 

27,000 00 

12,000 00 

12,110 00 

5,000 00 

5,500 00 

9,450 00 



$730,765 00 



$155,000 00 
188,000 00 



100,000 00 

79,000 00 

34,000 00 

25,000 00 

20,000 00 

10,000 00 

11,000 00 

5,000 00 

5,000 00 

7,000 00 



$639,000 00 



Bank Stock. 



Boylston Nat'l Bank, Boston . 


$4,000 


$5,120 


00 


$4,000 00 


Revere Nat'l Bank, Boston 


16,000 


18,300 


00 


16.000 00 


North Nat'l Bank, Boston 


10,000 


14,212 


50 


10,000 00 


Hide and Leather Nat'l B'k, Boston, 


17.100 


19,921 


50 


17,100 00 


Boston Nat'l Bank, Boston 


11,300 


14,464 


00 


11,300 00 


Eliot Nat'l Bank, Boston 


8,600 


10,341 


50 


8,600 00 


Redemption Nat'l Bank, Boston 


5,000 


6,750 


00 


5,000 00 


City Nat'l Bank, Boston . 


10,000 


12,700 


00 


10,000 00 


Traders' Nat'l Bank, Boston . 


5,500 


5,610 


00 


5,500 00 


Republic Nat'l Bank, Boston . 


3,400 


4,454 


00 


3,400 00 


Market Nat'l Bank, Boston 


10,000 


10,975 


00 


10,000 00 


Suffolk Nat'l Bank, Boston . 


5,900 


7,198 


00 


5,900 00 


Merchants' Nat'l Bank, Boston 


7,000 


10,237 


50 


7,000 00 


Commerce Nat'l Bank, Boston 


17,000 


21,887 


50 


17,000 00 


Mechanics' Nat'l Bank, Worcester . 


35,400 


40,710 


00 


35,400 00 


Worcester Nat'l Bank, Worcester . 


9,500 


11,875 


00 


9,500 0o 


Citizens' Nat'l Bank, Worcester 


11,500 


12,880 


00 


11.500 HO 


Central Nat'l Bank, Worcester 


8,400 


11,920 


00 


8.400 00 


City Nat'l Bank, Worcester 


18,000 


19,080 


00 


18,000 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



Bank Stock — Concluded. 



365 




Par Value. 



Estimated 
Market Value. 






Amount Invested. 



First Nat'l Bank, Worcester . 
Quinsigamond Nat'l B'k, Worcester 
First Nat'l Bank, Leominster . 
Westminster Nat'l B'k, Westminster 
Grafton Nat'l Bank, Grafton . 
Millbury Nat'l Bank, Millbury 
Southbridge Nat'l B'k, Southbridge 
Franklin Nat'l Bank, Franklin 
First Nat'l Bank, Clinton 
Wachusett Nat'l Bank, Fitchburg 



$1,200 
1,600 

10,000 
2,000 

11,400 
4,300 
3,500 
5,100 
1,000 

11,500 



$265,200 



$1,680 00 


1,840 00 


11,200 00 


2,000 00 


12,540 00 


5,375 00 


4,725 00 


5,355 00 


1,120 00 


21,275 00 


$325,746 50 



$1,200 00 
1,600 00 

10,000 00 
2,000 00 

11,400 00 
4,300 00 
3,500 00 
5,100 00 
1,000 00 

11,500 00 

$265,200 00 






Railroad Bonds. 



Boston and Albany 7s 
Worcester and Nashua 5s 


$20,000 
51,500 


$25,400 00 
51,500 00 


$20,000 00 
51,500 00 




$71,500 


$76,900 00 


$71,500 00 



366 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORCESTER NORTH SAVINGS INSTITUTION — FITCHBURG. 

Incorporated May 26, 1868. Number of corporators, 102. 

Benjamin Snow, President. Treasurer, Henry A. Willis. 

Statement. 




Loans on Public Funds: — 
On $500 United States 4s, consols, 1907 

Loans on Bank Stock, amount on each: — 
On 13 shares Rollstone National Bank, Fitchburg .... 
On 90 shares Wachusett National Bank, Fitchburg, and other col- 

I <ll * I ill ••••••••••■• 

On 25 shares Fitchburg National Bank 

On 10 shares Safety Fund National Bank, Fitchburg 
On 8 shares Agricultural National Bank, Pittsfield, and 11 shares 
Pittsfield National Bank 

Cash on Deposit in Banks, amount in each : — 

Rollstone National Bank, Fitchburg 

First National Bank, Leominster 

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 

$1,300 00 

10.000 00 

2,000 00 

800 00 

1.900 00 

$9,000 00 
15,000 00 

$23,397 54 

23,100 00 

1.481 32 

415 80 

$92,453 89 
34.156 01 
32.72S 85 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2j per cent . t 

previous year ) 2 per cent . ( 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$86,500,4 percent; $52,000, 4.{ per cent; $89,500, 44 per cent; 

$43,000, 4| per cent; $230,054.20, 5 per cent; $36,400. 5£ per cent; 

$666,177.70, 6 per cent; $93,825, 6i per cent: $39,375. 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . 330 

Aggregate amount of the same 368.248 92 

Amount of investments from which no income is received . . 1.846 07 

Number of open accounts . 4,644 



1882.] 



PUBLIC DOCUMENT — No. 8. 



367 



Number and amount of deposits received for previous year, 3,600 
Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year . . . 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bond 

Date of examination by commissioner: June 24. 

Public Funds. 



627 05 



3S5 


224,914 56 


2,180 


261,841 69 


1,002 




496 




• 


4,766 47 


• 


20,000 00 



United States 6s, continued 
5s, continued 



a 



it 



City and town bonds: — 
City of Boston 

of Springfield . 

of New Bedford 

of Norwich, Conn. 

of Providence, R.I 

of Fall River . 

of Portland, Me. 

of Fitchburg . 

of Lewiston, Me. 

of Lynn . 
Town of Danvers 

of Wayland . 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



$45,000 
55,000 



$30,000 
20,000 
20,000 
20,000 
20,000 
20,000 
15,000 
10,000 
10,000 
10,000 
10,000 
10,000 



$295,000 



$45,450 


00 


55,975 


00 


$32,700 


00 


23,640 


00 


25,000 


00 


27,000 


00 


20,400 


00 


22,500 


00 


17,750 


00 


11,600 


00 


10,800 


00 


11,000 


00 


11,100 


00 


10,900 


00 


$325,815 00 



$46,668 43 
57,193 43 



$31,400 00 
22,600 00 
21,300 00 
22,400 00 
20,262 00 
20,650 00 
15,593 00 
11,000 00 
10,000 00 
10,300 00 
10,107 00 
10,150 00 

$309,623 86 






Bank 


Stock. 






Rollstone Nat'l Bank, Fitchburg 


$11,500 


$18,400 00 


$16,996 00 


Boston Nat'l Bank, Boston 


10,000 


12,800 00 


9,000 00 


First Nat'l Bank, Leominster . 


10,000 


11,000 00 


10,000 00 


City Nat'l Bank, Boston . 


10,000 


12,700 00 


10,689 00 


Atlas Nat'l Bank, Boston 


10,000 


12,500 00 


10,962 62 


Commerce Nat'l Bank, Boston 


10,000 


12,800 00 


10,487 50 


Webster Nat'l Bank, Boston . 


5,000 


5,587 50 


5,000 00 


Merchants' Nat'l Bank, Boston 


5,000 


7,300 00 


6,390 25 


Eagle Nat'l Bank, Boston 


5,000 


5,987 50 


5,200 00 


Blackstone Nat'l Bank, Boston 


5,000 


5,750 00 


5,406 25 


Continental Nat'l Bank, Boston 


5,000 


5,925 00 


5,687 50 


Tremont Nat'l Bank, Boston . 


5,000 


6,125 00 


6,100 00 


Faneuil Hall Nat'l Bank, Boston 


1,500 


2,017 50 


1,871 25 




$93,000 


$118,892 50 


$103,790 37 



Railroad Bonds. 



Vermont and Massachusetts . 




$38,260 00 



$34,408 29 



368 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORONOCO SAVINGS BANK — WESTFIELD. 

Incorporated 1871. Number of corporators, 26. 
Samuel Horton, President. Treasurer, Charles L. Weller. 

Statement. 



Liabilities 




Assets. 


Deposits 


$656,236 90 


Public funds 


$199,138 44 


Earnings undivided . 


13,999 59 


Loans on public funds 


1,000 00 


Guaranty fund . 


7,534 26 


Bank stock .... 


5,995 00 






Loans on bank stock . 


1,325 00 






Real estate by foreclosure . 


2,100 00 






Loans on real estate . 


299,337 22 






Loans on personal security, 


38,068 74 






Loans to counties, cities, or 








towns 


42,000 00 






Deposit in banks on interest, 


75,838 94 






Expense account . 


6,233 20 






Cash in bank 


6,734 21 




$677,770 75 


$677,770 75 



Loans on Public Funds : — 
On $1,000 United States 4s . 



Loans on Bank Stock : — 
On 24 shares Hampden National Bank 

Cash on Deposit in Banks, amount in each : — 
Suffolk National Bank, Boston . 
Hampden National Bank, Westfield . 



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

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for > 2 per cent 

previous year (if 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 

$44,400, 5 per cent; $337,330.96, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 160 

Aggregate amount of the same 

Number of open accounts 1,587 

Number and amount of deposits received for previous year, 1,140 
Number and amount of deposits of and exceeding $300 at any 



$1,000 00 



$1,325 00 



$75,838 94 



6,734 21 



$2,100 00 

1,900 00 

131 00 

49 S2 



3,993 72 
12,613 50 
11,066 69 



one time for the previous year 

Number and amount of withdrawals .... 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous j r ear 

Amount of treasurer's bond 

Date of examination by commisioner: July 13. 



106 
878 
253 
234 



194,006 46 

136,567 52 

85,033 75 
126,987 40 



950 30 
15,000 00 









1882.] public document- 
public Funds. 


-No. 8. 


369 




Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 

a (< 4.1a 

" " 5s, continued 


$56,000 

105,000 

30,000 


$65,030 00 

118,650 00 

30,600 00 


$56,831 25 

110,441 57 

31,865 62 




$191,000 


$214,280 00 


$199,138 44 


Bank Stock. 


Hampden Nat'l Bank, Westfield 


$4,000 


$5,800 00 


$5,995 00 



47 




370 



BANK COMMISSIONERS' REPORT. 



[Jan. 



AGGREGATE STATEMENT. 



Liabilities. 


Assets. 


Deposits 


$230,444,479 10 


Public Funds: — 




Surplus 


4,890,000 07 


United States bonds 


$22,025,197 16 


Guaranty fund . 


3,341,062 35 


State, county, city, and town 




Sundries . 


200,596 66 


bonds 


17,407,423 68 






Loans on public funds . 


1,558,780 00 






Bank stock .... 


24,937,671 02 






Loans on bank stock 


1,003,439 53 






Railroad bonds 


7,802,403 05 






Real estate bv foreclosure 


8,052,450 79 






Real estate for banking pur- 








poses 


2,546,902 85 






Loans on mortgage of real 








GSVcLrC • • • • • 


82,518,068 04 






Loans on personal security . 


48,349,666 59 






Loans to counties, cities, or 








towns 


8.684,666 39 






Deposits in banks on interest, 


11,770,415 27 






Sundries* 


1,218,003 35 






Cash on band .... 


1,061,651 06 




$238,936,738 78 


$238,936,738 78 



Whole amount of interest or profits received or earned 
Percentage of earnings to total assets .... 



$12,285,345 35 

51 



Rate of Ordinary Dividends paid by 162 Banks : — 

2 at 2 per ct.t (1 dividend each). 110 at 4 per ct. 1 at 4f per ct. 
4 at 3 per ct. 8 at A\ per ct. 7 at 5 per ct. 

3 at 3£ per ct. 23 at 4| per ct. 3 banks paid no dividend.* 

4 at 3§ per ct. 

Amount of loans, with specified rates of interest: — 



$65,000.00, 2 per ct. 


$50,000.00, 4 ,-,!'„ per ct. 


$53,637,622.57. 6 


per ct. 


256,941.24, 2£ per ct. 


20,000.00, 4/;, 


per ct. 


44,600.00, 6| 


per ct. 


738,177.00, 3 per ct. 


13,790,607.74, 4£ 


per ct, 


40.000.00, 6 An 


j per ct. 


3S9,500.00, 3j per ct. 


25,000.00, 4|- 


per ct. 


5,132.949.18, 6* 


per ct. 


150,000.00, 3f per ct. 


55.000.00, 4v,t 


per ct. 


229.000.00, 6/V 


per ct. 


9,431,500.00, Si per ct. 


1,222,100.00, 4f 


per ct. 


2.700.00, 6f 


per ct. 


27,000.00, 3f per ct. 


30,137,838.29, 5 


per ct. 


11,199.082.19. 7 


per ct. 


1,662,000.00, 3| per ct. 


206.204.23, 5£ 


per ct. 


4S3.069.00, 7-ft 


per ct. 


180,000.00, 3£ per ct. 


30.000.00, 5| 


per ct. 


616.459.19. 7£ 


per ct. 


13,499,615.52, 4 per ct. 


4,311,225.79, 5£ 


per ct. 


415.172.72. 8 


per ct. 


50,000.00, 4£ per ct. 


391,000.00, 5f 


per ct. 


51,500.00, 9 


per ct. 



1,095,484.79, 4£ per ct. 

* This item includes loans on railroad stock, accrued interest, premium and expense accounts, 
etc. 

t Of these hanks one was temporarily enjoined, and in one payments to depositors were 

limited. 

t Of these banks two were temporarily enjoined, and one was organized during the previous 

year. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



371 



Aggregate amount of ordinary dividends for the previous year . 
Average rate of ordinary dividends for the previous year: 4 per 

cent. 
Number of outstanding loans which are of an amount 

not exceeding $3,000 each 32,777 

Aggregate amount of the same . 

Number of open accounts ...... 738,951 

Number and amount of deposits received for previous 

y \5<%l •••••*•••• 

Number and amount of deposits of and exceeding $300 

at any one time for the previous year 
Number and amount of withdrawals .... 
Number of accounts opened the previous year . 
Number of accounts closed the previous year 



$8,293,774 37 



34,020,584 95 



615,514 48,223,496 86 



36,604 
419,959 
118,381 

86,991 



Amount of expenses of the corporations the previous year 



20,753,979 53 
40,212,786 44 



617,672 51 



372 BANK COMMISSIONERS' REPORT. [Jan. '82. 



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. 



ALPHABETICAL LIST OF THE SAVINGS HANKS. WITH STATEMENTS OF THEIR LIABILITIES AND ASSETS AT THE CLOSE OF BUSINESS OCT. 




North Brookfiold Savings Bank 
North Boston Savings Bank . 
North Km] -.oiiK'-; Bank, Ronton . 

i),- mgfl - tvlngn Bank 

Palmer Siviup* Bank 

Pi ,ple' Savings Bunk, Worcester . 

Plymouth Five Cents Savings Bnuk 

riviiiniirli Siii'iiiRs linnk , 



Sliull'iimn V'.,\h Savings Bank 
S.nilh .\iliiin "-.n inirs Bank . 

Southbridgc Savings Bank 
South Boston Savings Bank . 

South Scitunte Savings Bunk . 

SmiiIIi W.-yiFi.iutli S.iviiigs Hank 
S] i' - i S . i i rj tjs B:ink 

' " "' te Cts KnviiiL - ' Hunk 
iiiinii.m tot barings 



HI Union hut for Savings, Boston 

142 -Union Savings Bank, Tall Rivet - 

i la Uxbridge Savings Hunk . 

in Wakefield Savings Bank. 

Ho Wnl.'s Savings Hunk 

WO Wultlinin Savings Hank . 

117 Wiir.. >,■. in-.: H.IIlk 

II.-. Warebam Savings Hank . 

119 Wortsn Pivc Ct*. Say. B'k, Penbo.Iy; 

150 Warren lust, for Savings, Boston . 



wiii'n, i iilo Savings Dank 
WiiiL<.livii<loii Saving Bank 
Winchi i'i Savings Bank 
Woburn five Cents Savings Bank . 

Worn ■ Cc tv lust for Savings 

i Worci-stor l'i.> ' "...1 ■ Sorin ■ Fj ink, 
Worcester Mechanics' Savings Hank, 

. Worcester North Snviiijjri (institution, 

Woro " Savings Book, Wuatfield, 

Total of 100 Boots 



NAMES OK BANKS. 



ALPHABETICAL LIS T OF THE SAVIN GS BANKS, WITH S TATEMENTS OF T HEIR LIABILITIE S AND ASSETS AT THE CLOSE OF BUSINESS OCT. 31, 1881. 



Amount ol I 



3 
4 
5 
6 
7 
8 
9 
10 

11 
12 
13 
14 
15 
16 
17 
18 
19 
20 



Abington Savings Bank . . . 8982,723 36 

Amherst Savings Bank . . . 675,484 84 

Andover Savings Bank . . 1,336,424 95 

Arlington Five Cents Savings Bank, 656,300 10 

Athol Savings Bank . . 919,215 34 

Attleborough Savings Bank . . 424,170 03 

Barre Savings Bank . . . .^ -228,550 45 

Bass River Sav'gs B'k, S. Yarmouth, . 222,255 49 

Benj. Franklin Sav'gB B'k, Franklin, 256.724 01 

Berkshire County Savings Bank . 1,768,936 92 

Beverly Savings Bank . ., . 573,931 99 

Boston" Five Cents Savings Bank . I 9,612,566 75 

Boston Penny Savings Bank . . 753,790 34 

Braintree Savings Bank . . . . 89.292 96 

Bridgewater Savings Bank . . 191,335 11 

Brighton Five Cents Savings Bank . 172,129 37 

Bristol Co. Savings Bank, Taunton, 2,653,917 76 

Broadway Savings Bank, Lawrence, 549,678 37 

Brockton" Savings Bank, Brockton . , 50,901 01 

Brookfield Savings Bank . 31,381 78 

Brookline Savings Bank . . . 135,907 38 

Cambridgeport Savings Bank . . 2,207,619 19 

Cambridge Savings Bank . . 1,818,418 99 

Canton Institution for Savings . 411,890 18 

Cape Ann Savings Bank. Gloucester, 1,161,612 04 

CapeCod ts. Sav. B'k, Harwich, 231.032 96 

Central Savings Bank . . . 1,031,655 53 
Charlestown Five Cents Savings B'k, Jir 2,134,995 20 

Chelsea Savings Bank . , . 1,333,210 37 

Chicopee Falls Savings Bank . . 81,227 78 

Chicopee Savings Bank . 487,959 70 

Citizens' Savings Bank, Fall River. 1,960,783 24 

City Five Cts Sav'gs B'k, Haverhill, 510,074 49 

City Institution for Savings, Lowell, 3,343,009 20 

Clinton Savings Bank . . . 788,781 58 

s Bank . . 323,879 93 

Crocker Inst, lor Sav'gs, Turner's F'ls, 291.312 32 

Danvers Savings Bank . . . 965,188 43 

Dedham Institution for Savings . 1,384,893 36 

East Boston Savings Bank . . 1,070,623 49 

East Bridgewater Savings Bank . 206,851 70 

E. Cambridge Five Cts Savings B'k, 896,973 59 

Easthampton Savings Bank . . 291,927 58 

East Weymouth Savings Bank .' 212,81192 

Eliot Five Cents Savings Bank . 1,260,358 36 

.int. Savings Bank,* Boston . 872,375 17 

Esses Springs Bank, Lawrence . 3,731,602 82 
Pairhaven Institution for Savings . "■""525, 756 93 

Fall River Five Cents Savings Bank, 1,065.515 44 

Fall River Savings Bank . . 4,181,710 99 

Fitchburg Savings Bank . . . 1,906,625 97 

Florence Savings Bank . . 128,496 83 

Foxborough Savings Bank * . . 134,125 17 

Framingham Savings Bank . . 1,217,801 91 

Franklin Savings Bank, Boston . 3,048,412 82 

Franklin Savings Inst., Greenfield . 2,779,484 00 

Gardner Savings Bank . . . 677.715 ill 

Georgetown Savings Bank . . 198,486 25 

Grafton Savings Bank . . . 100,600 24 
Great Barrington Savings Bank ^*— ■ 207,588 25 

lil Savings Bank . . 945,909 90 

Groveland Savings Bank . . . 39,22194 

Hampden Savings Bank . . . 1,646,794 54 
lure Savings Bank . . ,.>' 555,826 98 

Haverhill Savings Bank . . . 3,393,432 31 

Hayde.nville Savings Bank . . 201,088 27 

Hingham Institution for Savings . 1,665,216 18 

Holliston Savings Bank . . 373,078 02 

Holyoke Savings Bank . . . 1,391,423 98 

Home Savings Bank . . . 1,846,541 98 

Hoosac Savings Bank . . . 140,006 10 

Hopkinton Savings Bank . . 291,137 51 

Hudson Savings Bank . . . 267,325 67 

Hyde Park Savings Bank . . 77,392 37 

Institution for Savings in Roxbury . 2,683,155 91 

Inst, for Savings in Newburyport . 4,234,123 74 

Ipswich Savings Bank . . . 191,108 93 

Lawrence Savings Bank . . . 335,091 08 

Lee Savings Bank .... 518,333 57 

Leicester Savings Bank . . . 300,739 73 

Leominster Savings Bank . . 615,558 92 

Lowell Five Cents Savings Bank . 1,481,462 51 

Lowell Institution for Savings . 3,510,25;; 80 



Amount of Surplus. 



820,166 98 
19,340 41 
42,050 26 
12,240 82 
11,053 92 
10,444 34 
13,669 44 
4,879 90 
3,521 81 
18,745 52 



Guaranty Fund. 



3,365 85 


255,364 28 


9,170 01 


3,203 93 


2,197 99 


14,529 09 


25,158 99 


31.731 98 


101 14 


1,055 03 


3,080 55 


40,269 40 


37,740 88 


9,960 97 


25,509 02 


5,388 51 


21,558 24 


135,080 31 


15,975 57 


548 70 


5,295 97 



68,127 07 

121,776 80 

132,573 71 

427 37 

4,053 30 

2,024 57 

24,431 53 

74,214 99 

117,377 31 

3,927 20 

8,451 48 

1,130 88 

60 77 

13,036 58 

139,460 IS 

30,878 67 

8,358 43 

38,579 71 

120,123 94 

36,012 85 
1,272 36 
2,191 54 

51.792 19 
143,370 36 

24,213 03 
1.381 52 
1,201 1)7 
8,307 08 

15,993 39 

1,781 75 

543 21 

13,187 50 

8,846 17 
13,420 62 

9,442 13 
13,981 04 

8,887 57 

32,637 06 

237,827 09 

575 81 

7,475 26 

1,284 50 

4,665, 51 

43,097 99 

26.793 01 
4,018 47 

19,447 36 
9,04!) 00 
8,125 04 

2,243 09 

143,220 91 

62,029 97 



811,250 00 

8,481 32 

26,000 00 

12.1S1 06 

13,725 00 

7,200 00 

3,150 00 

1,585 82 

3,070 78 

22,500 00 

8,000 00 

139,528 48 

12,089 05 

945 40 

3,185 00 

3,309 88 

55,000 00 

8,500 00 

470 93 

1,293 25 
30,000 00 
25,300 00 

9,511 90 
34,000 00 
840 56 
14,185 90 
50,000 00 
15,515 00 
513 46 

5,373 29 
24,013 04 

4,775 00 
55,000 00 
10,000 00 

5,000 00 

2,050 00 
19,250 00 
33,474 04 
15,144 58 

2,572 56 

19,856 52 

5,000 00 

3,125 80 

17,701 72 

9,019 67 

... 

7,771 67 
13,302 58 
68,500 00 

38,500 00 

1,308 30 

1,800 00 

16,600 00 

30.319 57 

28,000 00 

10,756 49 

2,700 00 

2,000 00 

3,206 31 

11,375 on 

500 00 

22,000 00 

6,400 00 
54,697 12 

2,502 63 
20,070 18 

3,791 35 
18,000 0f> 
15,000 00 

1,160 00 

5,282 01 

2,730 77 

607 37 

53,000 00 

90,000 on 

1,805 00 

4,746 04 

10,000 00 

5,245 76 

8,000 00 
21,304 81 
67.187 15 



Sundry 
Liabilities. 



Total Amount of 
LlablHUea. 



831 00 
2,000 00 

54,090 06 



10 00 

1,096 34 
202 00 

10,042 87 



2,864 84 



4,488 78 
621 27 



3,368 75 



30 00 
108 00 



2,000 00 



81,014,140 34 
703,306 57 
1,404,475 21 
680.721 98 
943.994 26 
441,814 37 
245,369 89 
228,721 21 
263,316 60 
1,810,182 44 

585,297 34 
10,007,459 51 

775,049 40 
93,442 29 

190,749 40 

189,908 34 
2,736,076 75 

647,000 36 
51,002 15 
32,907 74 

140,381 18 
2,277,888 59 
1,881,459 87 

431,375 35 
1,222,247 40 

237,262 03 

1,067,601 67 

2,820,075 51 

1,364,700 94 

82,289 94 

508,671 83 

2,052,923 35 

636,626 29 

3,530,582 91 

799,208 95 

332,933 29 

295,386 89 

1,008,869 96 

1,492,082 38 

1,203,145 38 

213,351 46 

928,146 43 

298,058 46 

215,998 49 

1,295,585 44 

1,021,476 59 

3,815,181 49 

541,887 03 

1,117,457 73 

4,370,361 93 

1,981,138 82 

131,077 49 

138,416 71 

1,316,194 10 

3,228,102 75 

2,831,647 03 

693 222 07 

202,448 22 

170.967 32 

226,787 95 

959.069 65 

40,265 15 

1,681,982 04 

571,073 15 
3,401,550 05 

213,093 08 
1,699,271 00 

385,757 54 
1,442,061 04 
2,099,369 07 

141,771 91 

304,002 78 

271,340 94 

82.065 25 

2,779,853 90 

4,350,916 78 

190,932 40 

350,284 48 

537,382 57 

314,110 53 

625,802 01 
1,597,994 23 

3.640.070 92 



Public Funds. 



Loans on Public 
Funds. 



Loans on Bank 
Stock. 



898,062 50 
90,696 25 

468.250 00 
40,792 75 
89,000 00 
25,000 00 

36,746 44 

21,223 50 

590,500 00 



1,367,000 00 


22,450 00 


19,571 63 


11,000 00 


3,000 00 


224,000 00 


150,000 00 


2,040 00 


14,241 25 


351,100 00 


271,191 25 


37,000 00 


77,000 00 


23,000 00 


200,000 00 


349,555 75 


3,050 00 


1,000 00 



30,000 00 

161,600 00 

69,020 00 


36,000 00 

47,105 00 

272,000 00 


20,257 50 
21,000 00 


24,950 00 
433,600 00 


536,000 00 

38,500 00 

100,000 00 

700,000 00 


135,222 50 


4,000 00 

153.500 00 

255,021 87 

1,293,900 00 

18,450 00 

19,300 00 

20,834 37 

1,000 00 


138,000 00 

2,500 00 
268,158 00 


933,300 00 

19,094 55 

98,500 00 

12,968 75 

181,100 00 

107,250 00 


7,805 00 
41,342 50 
34,056 78 


279,900 00 

914,000 00 

16,960 00 

24,000 00 

92,000 00 

• 81,806 25 


72,975 00 
980.000 no 



81,500 00 



4,680 00 



35,000 00 
2,650 00 



1,000 00 



4,000 00 

7,000 00 
2,500 00 



2,725 00 
400 00 

5,000 00 



500 00 
24,650 00 



200 00 

24,200 00 

8,800 00 

800 00 



8,500 00 
800 00 



8149,282 87 

101,733 89 

160,700 00 

19,866 25 

9,800 00 

5,079 00 

120, S93 54 

^" 95,188 38 

51,040 12 

94,120 00 

137,490 00 

357,587 50 

103,690 50 

28,219 74 

34,057 19 

31,266 25 

138,400 00 

127,900 00 



28,301 63 

98,100 00 
287,934 73 

55,300 00 
201,400 00 

47,151 00 

200,333 75 

602,000 00 

110,089 55 

rS 16,535 00 

25,000 00 

285,791 50 
45,598 33 

673,480 00 
79,690 00 
56,500 00 
32,600 75 

120,621 00 
75,600 00 

260,820 15 

33,468 00 

129,900 00 

09,169 25 

8,500 00 

53,100 00 

293,225 00 
179,940 00 
200,900 00 
641,200 00 

215,810 00 

10,150 00 

164.800 00 

79,017 83 

69.530 00 

102,577 50 

10,300 00 

38,648 49 

-.^,74,508 53 

103,800 00 

3,820 00 

273,529 00 

_ 197, 014 42 

510,450 00 

13,409 00 

144,300 00 

36,428 50 

186,949 67 

384,918 44 

5,020 00 

63,388 99 

6,106 00 

5,000 00 

184,639 97 

922,120 00 

47,125 00 

73,500 00 

110,200 00 

49,849 12 

89,225 00 
150,571 50 
aaa 9nn nn 



84,100 00 

500 00 

14,875 00 

275 00 

21,900 00 

6,200 00 

29,200 00 

500 00 



5,500 00 
1,500 00 



18,400 00 

5,400 00 

18,000 00 



500 00 



13,400 00 

950 00 

25,847 00 

6,480 87 

1,000 00 

2,835 00 

900 00 

10,086 00 



12,179 21 
1,550 00 

7,700 00 

!i»a/5e-«e- 

/ ' 400 00 

20,700 00 
9,500 00 

42,429 00 

39,120 00 
23,600 00 



825 60 

8,500 00 

17,200 00 

1,500 00 

61,000 00 

7,430 00 

2,700 00 

18,100 00 

24,100 00 



700 00 
1,450 00 



700 00 
1,000 00 

1,900 00 
09 ROn nn 



Rnllroad Bonds. 



845,661 08 

67,260 42 

174,000 00 

5,050 00 



6,060 00 
10,000 00 

10,000 00 

2,000 00 

140,000 00 

6,225 00 

1,000 00 

55,000 00 

2,100 00 



22,500 00 
31,875 00 



11,225 00 



17,000 00 

77,000 00 
223,500 00 
28,900 00 
25,000 00 
10,000 00 

123,292 50 



15,000 00 
19,000 00 

2,000 00 
64,000 00 

303,500 00 

70,000 00 

2,700 00 

43,000 00 

182,500 00 
24,600 00 



10,500 00 
4,780 00 



96,000 00 
5,737 50 
45,000 00 
11,400 00 
36,000 00 



77,247 50 
20,375 00 

57,321 73 
140,000 00 

5,000 00 

3,030 00 



Real Estate by 
Foreclosure. 



82,549 91 

40,296 35 

44,719 80 

6,745 43 

4,000 00 

728 04 

20,774 24 

90,983 40 

19,412 91 

177,063 50 

4,315 09 

2,921 32 

9,500 00 

58,508 73 

269,002 97 

121,150 00 



7,857 11 

84,745 75 

155,273 46 

18,995 00 

8,053 08 

4,992 00 

175,250 00 

377,500 00 

27,395 88 



10,711 42 
178,831 20 

12,372 65 
6,000 00 

95,007 18 

68,452 45 

252,940 32 



44,418 67 

1,071 38 

28,000 00 

281,222 35 

105,000 00 

1C9.289 06 

32,500 00 

81,340 00 

1,713 64 

15,600 00 

16,200 00 

297,967 53 

9,773 28 

3,299 29 

7,240 57 



13,382 23 

550 00 

190,408 t5 

4,600 00 

4,000 00 
99,120 16 
13,000 00 

195,750 00 

16,174 16 

2,580 33 

800 00 

3,027 45 

110,956 00 

114,820 98 

23,973 36 

4,821 56 
1,100 00 

18,474 45 
436,661 30 



Real Estate for 
Banking Purposes. 



815,000 00 
26,396 59 



139,601 21 
115,000 00 



25,000 00 



Loans on -Mortgage of 
Real Estate. 



6,000 00 

1,635 33 

80,000 00 
13,241 54 



9,117 48 

24,732 11 

7,000 00 

290,322 95 

4,809 36 
45,000 00 
50,000 00 

150,000 00 



3,000 00 



2,000 00 
15,000 00 



65,000 00 

OA OO/i oft 



1,419 11 
292,779 64 
406,089 28 
391,513 56 
333.231 20 
230,072 00 
67,081 98 
24,832 68 
125,751 00 
691,873 30 

238,599 00 

4,134,305 28 

303,450 00 

41,240 00 
101,509 00 

93,682 15 

1,504,802 00 

155,901 00 

38,400 00 

22,050 00 

71,487 50 

1,085,S37 13 

706,251 00 

191,786 00 

473,443 00 

03,505 0!) 
403,098 00 
948,826 00 
5S 1,204 66 

42,017 00 

316,506 25 
970,302 00 
231,013 00 
1,520,516 63 
415,020 54 
170,645 00 
157,678 15 
405,205 00 
640,771 80 
565,010 84 

105,263 78 
537,914 48 
153,275 00 

154.613 S3 
491,450 00 
220,340 70 

1,708,891 16 

84,550 00 

426,750 00 

1,417,608 46 

752,516 00 

03,730 20 

74,585 00 

711,227 00 

1,978,997 76 

625,210 19 

300,471 97 

131,414 95 

50.980 00 

113,280 17 

357.614 22 
21,975 00 

659,481) 00 

216,937 53 

989,575 00 

95,299 58 

856,955 13 

218,070 00 

722,450 00 

967,381 04 

64,325 09 

105,278 00 
149,825 00 

39,165 00 

876,560 00 

1,020,122 00 

98,253 00 
157,700 00 

263.099 77 
140,255 38 

352,480 00 

004.100 00 
.i en «an on 



Loans on Personal 
Security. 



856,506 89 
63,621 18 

132,635 32 
25,916 19 

240,362 74 
82,871 25 
33,995 79 
41,350 78 
31,430 22 

190,195 66 

2,125 00 

2,463,500 00 

60,000 00 

36,733 71 

423,623 38 

30,500 00 

4,275 00 

10,400 00 

10,000 00 

314.958 63 

296,917 00 

18.875 00 

283,700 00 

70,574 12 

87,950 00 

18,850 00 

8,375 00 

17,882 97 

65,280 57 
773.804 87 

13,553 00 

603,472 22 

155,900 00 

5,000 00 

26,520 00 
301,702 15 
251,775 00 

48,128 04 

38,400 16 

82,200 00 

72,785 00 

5,006 00 

187,400 00 

204,700 f 

748,590—' 

83,452 75 

247,641 63 

1,416,732 00 

433,333 00 

52.2S2 00 

6,505 29 

86,901 08 

316,575 00 

302,755 51 

69,910 48 

18,149 00 

37,730 14 

31,899 16 

98,771 05 

1,410 00 

225,984 69 

37,199 64 

724,530 00 

47,571 17 

376,850 00 

14,918 09 

135,880 00 

252,600 00 

24,860 04 

6,804 25 

6,050 00 

25,625 00 

905,718 01 

985,310 00 

20,540 00 

7,129 85 

24,592 00 

11,5.30 00 

82,850 00 
151,440 00 



Loans to Counties, 
Cities, or Towns. 



812,200 00 
36,700 00 
10,000 00 
94,300 00 
79,180 00 
33,000 00 



10,000 00 
45,000 00 

105,000 00 
508,000 00 



1,500 00 



51,109 00 

105,500 00 

10,887 50 



187,060 00 



41,900 00 

13,000 00 
294,000 00 
20,000 00 
30,152 52 
4,500 00 
15,820 S3 
19,850 00 



15,000 00 
9,850 00 

, ,,«■, 00 



10,000 00 



216,975 00 

180,823 05 

86,040 00 

20,000 00 



12,075 00 

500 00 

500 00 

15,000 00 

6,800 00 

45,700 00 

18,540 00 

24,000 00 



27,500 00 

5,000 00 

12,000 00 

193,500 00 

1,000 00 

20,000 00 



21,700 00 
42,500 00 

I 305 800 00 



Deposits In Hanks 
bearing Interest. 



835,512 80 

28,887 11 

9,219 67 

30,122 47 

168,000 00 

61,244 02 

7,100 07 

1,510 99 

107 05 

27,859 89 

15,000 00 

668,869 65 

79,111 28 

1,311 24 

700 48 

1,907 75 

35,930 33 

58,979 06 

152 49 

3,683 42 

327,792 87 

142,508 97 

30,188 16 

10,320 52 

16,157 33 

110,284 28 

85,211 28 

66,071 60 



24,677 40 

4,925 60 

24,755 71 

39,180 68 

4,600 00 

4,181 46 

39,440 63 

16,088 36 

73 00 
56,815 27 

9,860 12 

7,097 78 

18 48 

20,000 00 

20,200 00 

183,843 82 

12,200 S4 
26,955 12 
45,000 00 
44,849 08 
119,951 63 
50,000 00 
6,190 54 

2,046 85 

164,244 40 
4,000 00 

10,000 00 
111,738 44 
115,000 00 

19,935 39 
8,215 82 

55,758 90 
121,223 77 
133,938 15 



6,361 21 

19j300 00 

4,052 09 

310,649 02 

35,678 42 

10,575 00 

56,984 73 

22,787 24 

47,500 00 
70,350 80 

<t07 600 SO 



Cash on Hand. 



8undry Assets. 



8447 18 
5,128 08 
2,684 59 
94 54 
890 84 
3,849 64 

594 55 

826 89 

16,521 69 

9,467 93 

19,518 88 

11,012 01 

125 00 

748 72 

137 76 

6,796 52 

1,070 30 

4,044 11 



655 24 
1,904 32 
1,573 81 

2,624 37 
886 06 
670 14 
4,688 23 
7,780 96 
2,804 97 

3,847 61 
10,944 44 

1,518 15 

4,206 30 

455 09 

5,076 25 

11,392 34 

5,185 54 



2,718 80 

1,104 21 

147 16 

29,681 94 

3,455 21 

3,596 85 

10,625 66 

5,612 32 

537 00 

6,476 88 

1,072 25 

621 30 

30,300 91 

9,983 50 

2,153 70 

8,119 31 

2,874 32 

2,774 32 

2,608 41 

1,512 96 
730 15 

8,472 46 

7,858 43 
825 74 
8,062 77 
1,019 09 
31,567 23 
7,519 28 

22,729 03 

1,000 00 

6,199 50 

552 52 

39,409 17 

415 38 

1,079 40 

9,963 65 

7,233 67 



11,046 77 
1,192 30 



Total Amount of 
Assets. 



8398 00 

100 00 

1,949 83 

1,909 05 

98 40 

238 51 

12,814 35 

1,556 98 

31,228 50 

15,002 50 

103 49 

9,294 92 

53 36 

1,465 70 
47,015 55 

143 04 
305 25 

4,155 03 

13,449 89 

1,409 65 

222 19 

330 83 

21,413 00 

15 50 

2,101 00 



1,369 12 

39,030 16 

1,893 20 

7,218 59 

8,294 26 



20,154 02 

889 02 

175 00 

653 50 
14,331 60 

10,320 20 
21,553 78 
70,887 47 

396 62 
03 56 

22,336 11 

3,465 18 

5,929 07 

154 12 

978 84 

619 23 

50,469 79 

4,549 04 

983 12 

36 62 

360 10 

6,137 12 

954 21 

10,790 37 

1,112 16 

858 59 

1,128 66 
243 19 



1,023 89 

14,735 57 

2,732 54 

625 79 
3,203 33 



81,014,140 34 


1 


703,306 57 


2 


1,404,475 21 


3 


880,721 98 


4 


943,994 26 


5 


441,814 37 


6 


245,369 89 


7 


228,721 21 


8 


263,316 60 


9 


1,810,182 44 


10 


585.297 34 


11 


10,007,459 5] 


12 


775,049 40 


13 


93,442 29 


14 


100,710 40 


15 


189,008 34 


16 


2,730.070 75 


17 


617,000 36 


18 


51,002 15 


19 


32,907 74 


20 


140,381 18 


21 


2.277,888 59 


22 


1,881.450 87 


23 


431,375 35 


24 


1,222,247 40 


25 


237,262 03 


26 


1,067,601 07 


27 


2,320,075 51 


28 


1,364,700 94 


29 


82,289 94 


30 



508,671 83 
2,052,923 35 

636,626 29 
3,530,582 91 

799,208 95 

332. o 

295,3! 
1,008,861 
1,492,082 38 
1,203,145 38 

213,351 46 
928,1 16 43 
298,058 46 
215,9 
1.295. 

1,021,476 59 
3,815,481 49 
541,887 03 
1,117,457 73 
4,370,364 93 

1,981,138 82 
131,077 49 
138.410 71 

1,316,194 10 

3,228,102 75 

2,831,047 03 

222 07 

202,448 22 

170. 007 32 
22;). 787 95 

959,0' 
40.205 15 
1,681,982 04 

571,073 15 I 
3,461,550 05 

213,093 03 
1,699,271 00 

385,757 54 
1,442,061 04 
2,099,369 07 

141,771 91 
304,0 

271, 
82,665 25 

2,779.853 90 
4,350.916 78 
196,932 40 
350,284 48 
537,382 57 
314,110 53 

025.SO2 01 
1.507,004 23 
3.(140.070 02 



31 

32 
33 
34 
35 
36 
37 
38 
39 
40 

41 
42 
43 
44 
45 
46 
47 
48 
49 
.50 

51 
52 
53 
54 
55 
56 
57 
58 
59 
60 

01 
62 
63 
64 
65 
66 
67 
68 
69 
70 

71 
72 
73 
74 
75 
76 
77 
78 
79 
80 

81 
82 
83 



81 
82 | 

i 
84 

89 

91 
92 
93 
94 
95 
96 
97 
98 
99 
100 



Leominster Savings Bank 
Lowell Five Cents Savings Bank 
Lowell Institution for Savings 
Lynn Five Cents Savings Hank 
Lynn Institution for Savings . 
Maldei Bank 

Marblehead Savings Bank 
Marlborough Savings Hank 
Mechanics' Savings Hank, Holyoke 
Mechanics' Savings Hank, Lowell 

Medford Savings Bank . 

Medw s Hank . 

Melrose Savings Hank 

Merrimac Savings Hank, Merriniac 

Meniin ! R v'gs B'k, Lowell 

Middleborough Savings Hank . 

Middlesex Inst, tor Savings, Concor 

Milford Savings Bank 

Millbury Savings Hank . 

Miners' Savings H'k, \V. Stockbridgi 

Monson Savings Bank 
Nantucket Institution for Savings 
Natick Five Cents Savings Bank 
New Bedford Five Cts Savings Bank 
New Bedford Institution for Savings, 
Newburyport Five Cts. Savings Bank 
Newton Savings Bank 
Northampton institution for Savings 
North Adams Savings Bank 
N. Avenue Savings B'k, Cambridge 

North Brookfield Savings Bank 
North Easton Savings Bank . 
North End Savings Hank, Boston 
Orange Savings Hank 
Palmer Savings Hank 
People's Savings Hank, Worcester 
Plymouth Five Cents Savings Bank 
Plymouth Savings Hank . 
Provident Inst, for Savings, Boston 
Prov. Inst. Sav., Salisb'y & Amesb'y 

Quincy Savings Bank 
Kandolph Savings Hank . 
Rockland Savings Bank . 
Salem Five Cents Savings Bank 
Salem Savings Hank 
Seamen's Savings Bank . 
Shelburne Falls Savings Bank 
ii Adams Savings Hank . 
South! i 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 
Stockbridgi 

Stoneharn Five Cents Savings Bank 
Suffolk Savings Bank 
Taunton Savings Hank . 
Templeton Savings Hank 

Union Inst, for Savings, Boston 
Union Savings Hank, Fall River 
Uxbi ii [a Bank . 

Wakefield Savings Hank. 

Walei Bank 

Waltham Savings Bank . 

Ware Savings Hank 

Wareham Savings Bank . 

Warren Five Cts. Sav. B'k, Peabody 

Warren Inst, for Savings, Boston 

Watertown Savings Bank 
Webster Five Cents Savings Bank 
Welltleet Savings Hank . 
Westborou , Bank 

Westfield Savings Hank . 
Weymouth Savings Bank 
Whitinsville Savings Hank 
Wincbendon Savings Hank 
Winchester Savings Bank 
Wohum Five Cents Savings Bank 



616,668 


99 


1,431,462 


51 


8,610,268 


80 


1,659,422 


67 


1,969,268 71 


103,673 


21 


186,192 


45 


760,202 


24 


468,825 


si 


1,891,936 


17 



873,252 84 
182.858 94 
117,931 81 
280,712 21 

334.722 87 
410,508 74 
1,016,46 
768,614 57 
539,210 09 
53,018 48 

443,987 34 

365,05 

058,095 80 

2,947,163 28 

9,315,018 11 

642,566 24 

942,328 97 

1.865,807 44 

900,917 79 

72,068 78 

361,4-29 30 

106,433 14 

10,910 40 

. 250,587 64 

527,120 68 

3,470,166 94 

320 44 

2,110,107 44 

23,975.481 37 

.525 98 

1,014,920 73 

714,3: 91 

366.667 39 

2,252,636 04 

6,252.034 40 

321.730 11 

730,097 87 

472,976 28 

1,034.710 83 

1,045.302 10 

480,480 35 

337,090 89 

297,184 40 

1,477,352 04 

7,348,134 17 

104,381 75 

330,997 08 

15, 009. 048 25 

1,173. 

134,552 01 



2,533. 
624. 
287, 

91. 

20, 
1,268, 
1,808. 

95. 
1,344. 
4,414 



840 34 
589 94 
609 46 
528 74 
322 51 
163 26 
599 28 
663 35 
820 10 
035 14 



238,353 93 
395,295 33 
■««»3i7,280 00 
453,203 33 
757,196 11 
560,293 79 
222,7: 
482,031 58 
229,088 15 
- 440,461 71 



161 Worcester County Inst for Savings, 

162 Worcester Five Cents Savings Bank, 

163 Worcester Mechanics' Savings Bank, 

164 , Worcester North Savings Institution, 

165 Woronoco Savings Bank, Westfield, 



Total of 165 Banks 



8,118,000 85 
2,301,853 95 
3,202,293 77 
1,779,593 13 
656,236 90 



8230,444,479 10 14,890,600 67 



2,213 09 

143,226 91 

82,629 97 

67,496 87 

59,525 55 
2,811 79 
3.388 09 

22,542 42 
108 47 

41,170 30 

12,116 46 

3,220 12 

1.409 49 
2,465 08 

12,521 95 

6.410 45 
'.'...., 1 50 
8,611 24 

15,122 64 

1.891 61 

0,413 03 
123 48 
18,930 20 
53.912 08 
95,008 38 
92,899 92 
14,096 10 
25,613 25 
8,000 00 
1,180 72 

1.892 90 
12,862 26 
20,012 26 

1,131 23 
2,340 03 
42,157 17 
13,419 12 
68,878 47 
150,003 98 
58,496 20 

3,574 13 

2,828 31 

7,676 83 

50.905 47 

20,338 39 

/ 9,895 18 

6,618 11 

8,309 96 

20,579 20 

33,529 27 

1,844 82 
10,218 30 

5,574 53 

4,446 17 

69,442 04 

776 83 

9,700 34 

73,816 46 

60,553 33 

735 75 

38,8-5 64 

23,868 12 

7,123 34 

725 77 

35,000 25 

22,936 50 

4,331 37 

58,083 55 

155,356 98 

893 12 
1,888 53 

10,086 30 
5,483 78 

19,505 55 

37,391 01 
6,298 05 

17,706 70 
975 76 

28,993 65 

220,076 55 

24,511 45 

38,427 79 

15,525 50 

13,999 59 



8,000 00 
21,804 81 
67,187 15 
19,300 00 
46,000 00 

6,500 00 

2,219 57 
10,017 04 

4,100 00 
25,000 00 

5,000 00 
4,198 18 

812 07 
2,530 08 
3,428 97 
3,562 00 
10,500 00 
9,004 02 
6,000 00 

500 00 

5,410 00 
3,797 09 
6,089 93 

37,318 54 

163,000 00 

6,701 7 f 

10,2 U 

31,0!', 

11,000 oq| 

994 13 



2,000 00 



7,425 77 
4,400 00 
6,480 00 
2,850 00 
5,500 00 

53,093 89 
6,470 32 

50.000 00 
210,000 00 

31,975 11 

17,500 00 
18,110 24 

5,000 00 

50,000 00 

136,000 00 

5,823 14 
14,000 00 

8,000 00 
12,000 00 
22,300 00 

5,410 00 

5,000 00 

2,850 00 

10,000 00 

90,000 00 

705 59 

5,011 85 

157.825 41 

16,899 59 

1,206 24 

45,191 00 

9,000 00 

3,850 00 

948 93 

255 00 
28,000 00 
12,211 43 
5,764 00 
17,000 00 
71,500 00 

2,320 00 
3,721 53 
8,994 58 
5,000 00 
8,919 13 

11,150 00 
2,076 24 

10,370 74 
2,429 53 
2,617 95 

133,000 00 

25,000 00 i 

38,388 18 

24,566 63 

7,534 26 



1,180 00 
600 00 



2,548 12 



3,384 07 
209 85 



62,653 17 
123 15 
200 97 

30,296 94 



18 90 



62 13 

53,611 20 
9,038 55 



253 26 
314 80 



310 69 
1,083 85 
1,520 39 



1,635 00 



10,597 71 



83,341,002 35 



$260,596 66 



625,802 01 
1,697,994 23 
8,640,070 92 

1,646,219 54 
2,074,784 26 

511,985 00 
191. 8IH) 71 
793.301 70 
470,334 28 
1,459,280 47 

890,969 30 

190,272 54 
120,153 97 
235,707 32 
350,076 79 
423,02.9 31 
1,000.514 38 
780,229 83 
560,332 63 
54,910 09 

455,810 37 

405,279 37 
683,121 93 

3,038,393 85 

9,573,686 49 

742,167 94 

Olid, 000 07 

1,922,480 69 

923.301 86 

74,243 63 

370,957 82 
323,695 40 
407,402 66 
254,571 87 
535,200 66 

3,028,071 17 
583,339 03 

2,229,186 88 
24,365,842 29 

1,379,997 29 

1,065,994 86 

735,265 51 

379,344 22 

2,353,541 51 

6,408,372 79 

337,448 43 

751,315 98 

489,286 24 

1,067,290 03 

1,101,210 27 



437, 

352, 

305, 

1,497 

7,507 

105 

346, 

15.294 

1,25!), 

130, 



715 17 
309 19 
008 93 
798 81 
570 21 
926 30 
369 27 
901 32 
849 99 
494 00 



2,618.110 24 

657,458 06 

298,897 60 

92,477 67 

21,303 28 

1,326,223 51 

1,903,747 21 

505,758 72 

1,419,909 05 

4,640,892 12 

241,567 05 

400,905 39 

336,671 57 

404,770 96 

787,141 18 

608,837 80 

231,113 93 

510,709 02 

234,728 44 

472,073 31 

8,481,675 11 

2,351,305 10 

3,279,109 74 

1,819,085 20 

677,770 75 



8238,936,738 78 



72,975 00 
980,000 00 
122,888 53 
314,500 00 
90,500 00 
31,816 47 
165,481 00 

87,000 00 

23,440 00 

30,227 50 

7,000 00 

70,000 00 

127,810 00 

69,500 00 

23,368 71 

75,710 00 

59.550 97 

1,337,000 00 

2,848,802 50 

45,000 00 

112,354 70 

464,890 63 

93,193 75 

4,986 04 

115,000 00 

28,330 00 

18,117 50 

43,548 21 

27,000 00 

353,500 00 

159,400 00 

380,471 25 

4,853,000 00 

418,500 00 

55,500 00 

157,000 00 

20,000 00 

374,200 00 

2,094,000 00 

207,000 00 

59,500 00 

491,000 00 

227,435 75 



10,000 00 

36,000 00 

208,500 00 

2,679,300 00 

1,820 00 

95,000 00 

1,042,000 00 

240,013 74 



352,616 25 



12,000 00 

88,475 00 
609,000 00 

70,000 00 
641,000 00 

28,125 00 
11,405 00 

12,500. 00 
193,000 00 

26,782 65 
9,000 00 
8,000 00 

46,385 00 



1,898,800 00 
387,500 00 
639,000 00 
309,623 86 
199,138 44 



839,432,620 84| 



75,500 00 
3,850 00 



17,000 00 



1,400 00 



2,000 00 
200 00 

5,025 00 
209,500 00 
100,500 00 

6,500 00 

3,550 00 



100 00 



550,000 00 



107,500 00 



20,000 00 



21,150 00 

200 00 

260,000 00 

500 00 



9,000 00 



25,000 00 
3,900 00 

500 00 
1,000 00 



81,558,780 00 



89,225 00 
150,571 50 
344,200 00 
300,588 97 
211,832 00 

70,850 00 

55,818 96 
121,241 25 

38,208 50 
171,050 00 

23,420 00 

35,113 75 

8,676 50 

2,000 00 

27,419 12 

13,140 00 

270,500 00 

167,892 71 

135,900 00 

7,715 00 

43,355 25 

1,400 00 

100,430 87 

177,900 00 

1,410,360 00 

111,000 00 

39,725 00 

45,800 00 

40,601 01 

6,500 00 

11,400 00 

120,101 77 

50,157 17 

39,606 60 

28,300 00 

658,600 00 

29,000 00 

426,541 00 

1,134,025 00 

141,325 00 

99,406 49 

i— -252,400 00 

81,176 05 

550,830 00 

560,436 00 

"-adflS.824 62 

71,300 00 

35,650 00 

57,139 88 

94,3U0 00 

58,800 00 

m 143,300 12 

27,700 00 

90,200 00 

708,600 00 

8,332 50 

658,345 24 
100,208 12 

4,680 00 



72,296 50 

39,430 87 

13,500 00 

6,172 50 

105,625 00 

302,900 00 

170,096 85 

169,589 62 

199,906 00 



32,210 50 
68,500 00 
-232.968 78 
48,100 00 
54,200 00 
68,400 00 
76,398 79 
89,100 00 
14,510 75 
204,140 88 

791,050 00 
273,600 00 
265,200 00 
103,790 37 
5,995 00 



824,937,671 02 



1,900 00 

22,500 00 
0,400 00 

44,050 00 
4,550 00 



1,800 00 
13,800 00 



500 00 



14,500 00 
5,400 00 

8,530 00 



14,300 00 

15,410 00 
229 11 

25,550 00 
2,000 00 
3,6(10 00 

10,100 00 



5,250 00 

5,400 00 

1,100 oo 

400 00 

1,000 00 

8,300 00 

1,300 00 

500 00 

4,800 00 



8,300 00 
1,000 00 
2,800 00 

2,900 00 



7,300 00 

7,000 00 

7,810 00 

98,150 00 



2,000 00 
100 00 



3,600 00 



1,300 00 
7,750 00 

800 00 



3,150 00 
20,234 04 



65.500 00 
6,825 00 
3,795 00 

16,000 00 
1,325 00 



81,003,439 53 



9,983 65 
19,700 00 



80,000 00 



8,600 00 

5,112 50 

140,000 00 

11,440 00 

20,000 00 



4,144 65 



161,000 00 

760,000 00 

5,000 00 

53,838 98 

361,876 00 



87,000 00 

20,212 50 

16,950 00 

10,000 00 

134,500 00 

20.000 00 

135,000 00 

584,000 00 

51,500 00 

60,000 00 

107,500 00 

12,000 00 



50,000 00 
1,450 00 



5,000 00 

363,000 00 

10,000 00 
625,968 00 



1,000 00 

70,500 00 
238,000 00 

19,750 00 
200,000 00 

12,590 00 
41,587 50 

3,000 00 

11,800 00 
26,640 00 
21,000 00 
15,511 25 



738,000 00 
29,000 00 
71,500 00 
34,408 29 



$7,802,403 05 



18,474 45 
436,661 30 

21,883 40 
4,765 68 
1,000 00 

82,201 48 
4,000 00 

176,452 07 

17,031 76 
9,948 14 

2,680 38 

26,500 00 

22,950 00 

1,780 22 

598 58 



31,413 82 

50,706 52 
5,300 00 



167,749 69 

43,442 37 

10,471 75 

3,531 26 

4,221 39 

870 00 
14,262 88 
56,759 95 

10.500 00 
53,529 01 

14,884 79 

40,807 58 

133,261 04 

5,059 55 

147,618 83 

15,414 08 

4,600 00 

50,850 00 

109,803 85 

82,254 90 

4,000 00 

6,500 00 

134,413 57 

37,257 00 
22,475 00 

115,975 00 

79,750 00 

2,645 00 

20,598 00 

121,434 21 

42.501 86 



522,056 91 

5,906 84 

28,830 48 

11,174 59 

16,500 00 

176,647 62 

79,450 53 

160,822 25 



4,400 00 

11,174 30 

25,260 66 

135,546 00 

2,700 00 

2,027 05 

37,353 50 

121,240 35 

10,350 00 

51,309 97 

23,397 54 

2,100 00 



8,052,450 79 



65,000 00 
20,334 06 
35,000 00 
45,000 00 



92,175 06 



27,000 00 
18,000 00 



3,575 00 



30,000 00 
43,942 46 

27,582 40 
5,000 00 



1,745 02 
12,500 00 
05,000 00 

2,900 00 

7,000 00 
80,000 00 

2,500 10 



75,000 00 
1,330 29 
4,000 00 



61,839 38 



139,721 94 
104,500 00 



180,000 00 



278,601 06 
38,000 00 



4,799 01 
50,000 00 

2,000 00 



$2,546,902 85 



111), ZOO 00 

352.480 00 
004,100 00 
469,630 00 

705,005 42 
924,998 00 
188,575 00 
48.314 00 
411,418 50 
276,795 00 
059,325 41 

165,175 00 

100,000 00 

59,000 oo 

122,185 00 

183.481 25 

229.889 24 
357,018 30 
238,000 86 
219,900 00 

20,800 00 

215,005 00 

237,512 35 
327,987 69 
291,520 04 
715,260 00 
290,164 00 
490,739 94 
574,794 81 
486,269 05 
48,165 00 

144,134 00 

130,719 01 

219,990 74 

79,003 70 

228.890 00 
1.297.595 00 

205,207 00 

631,491 00 

5,921,514 00 

218,000 00 

498,899 03 
117,960 00 
210,285 02 
091,380 00 
863,240 00 
37,058 74 
355,599 85 
200,395 00 
197,400 00 
403,346 00 

262,201 73 

120,259 00 

121,205 00 

664,850 00 

2,229,750 00 

72,296 13 

132,564 73 

4,657,262 25 

533,659 47 

74,234 00 

1,198,739 00 

290,487 00 

92,011 90 

43,045 05 

10,899 00 

644,857 00 

554,103 62 

88,677 54 

505,774 00 

1,649,581 70 

132,915 00 
203,365 00 

86,127 50 
288,390 52 
388,218 56 
282,711 00 

03,340 01 
244,479 60 
111,217 22 
124,082 90 

2,430,081 00 

1,112,900 00 

1,260,412 56 

780,273 92 

299,337 22 



$82,518,068 04 



ll,5u0 00 

82,850 00 
151,440 00 

121,116 00 
343,200 00 
26,500 00 
10,419 70 
76,827 50 
59,589 00 
141,900 00 

100,550 00 

28,016 25 

85,256 83 

75,850 00 

120,175 14 

108,200 00 

147,244 32 

300 00 

075 00 

20,095 00 
26,035 64 
56,175 00 

790,511 40 

3,186,055 36 

29,829 00 

143,100 00 
81,135 00 

229,887 51 



12,245 19 

32.247 88 

190,304 39 

635,150 00 

48,605 00 

389,830 00 

9,206,928 66 

110,400 00 

146,900 00 

26,550 00 

24,851 12 

575,000 00 

1,962,000 00 

37,548 20 

78,135 51 

159,186 50 

151,200 00 

45,000 00 

83,675 00 

40,991 51 

40,685 00 

218,750 00 

335,130 55 

9,552 00 

3,100 00 

6,583,250 00 

331,354 96 

15,225 00 

210,640 72 

203,818 00 

29,055 00 

1,500 00 

2,931 96 

298,156 95 

99,217 41 

58,828 63 

190,533 20 

1,517,500 00 



10,872 00 
5,825 10 
55,383 00 
46,940 90 
51,294 00 
41,000 00 
96,033 12 
17,250 00 
03,350 00 

1,164,595 70 

2,150 00 

305,447 34 

367,035 03 

38,068 74 



$48,349,666 59 



21,700 00 
42,500 00 
1,305,800 00 
79,312 50 
81,500 00 
20,000 00 
6,000 00 



15,000 00 

6,000 00 

2,325 00 

3,000 00 

23,143 ni 

59,350 00 

25,000 00 

62,500 00 

1,100 00 



1,000 00 
11,000 00 

4,000 00 
42,300 00 



",300 00 
-V.OOO 00 



2,550 00 
148,900 00 
18,510 00 
182,500 00 
803,800 00 
115,000 00 



15,000 00 
9.0(10 00 

60,000 00 
542,450 00 

15,000 00 
3,250 00 

59,000 00 



28,995 00 

6.0C0 00 

57,750 00 

360,500 00 

72,000 00 
90,000 00 

35,000 00 



80,000 00 
42,500 00 

328,540 00 
10,000 00 

5,793 00 
14,000 00 

2,435 00 

8,500 00 
38,000 00 

5,000 00 

8,000 00 
36,676 43 

556,200 00 
84,500 00 
54,000 00 

158,022 95 
42,000 00 



88,684,666 39 



22,787 24 | 

47,500 00 i 
70,350 80 
497,606 86 ' 
100,433 99 

67.299 18 
89,805 00 

4,553 27 
13,321 93 
91,097 15 
83,026 00 

28,944 84 

1,803 01 

19,248 64 

14.300 00 
11,625 32 
19,333 69 

10,791 65 
12,706 38 



45,000 00 
71,177 01 
90,000 00 
13,167 82 

443,649 08 
41,800 80 
74,2(10 00 

325,395 11 

21,440 04 

4,640 28 

11,986 36 

31, 



11,040 77 
1,192 30 



15, 

100, 

15 

1,042 



322 80 
393 66 
500 00 

937 67 

275 28 
286 97 

700 54 



18,838 33 
39,849 92 
16,556 42 
47,000 00 

65,794 01 
49,865 70 
25,000 00 
16,440 40 
22,603 39 
129,203 97 

14,830 22 

1.229 27 

4,088 81 

25,215 43 

329,037 63 

10,781 39 

953,867 74 

666 12 

7,000 00 

20,369 56 

41,500 00 

8,799 44 

3,825 22 

16,423 85 

10.366 60 

25,939 26 
181,199 05 

29,000 00 

38.367 90 
6,854 20 

29,864 00 
5,119 94 

11.209 30 

16.210 So 
27,151 48 

6,118 70 

681,260 56 

412,001 71 

509,494 46 

24,000 00 

75,838 94 



$11,770,415 27 



2,732 54 

625 79 
3,203 33 



5,795 67 


1,711 41 


9,464 20 


1,625 20 


- 


20,205 00 


1,527 65 


1,149 18 


- 


1,065 52 


2,338 11 


5,906 52 



407 70 

789 76 

47 87 

1,040 49 

301 10 

835 13 

31,681 13 

13,290 54 

1,024 75 

1.251 38 

4,311 65 

6,946 11 

11,652 41 

47,614 88 

9,555 60 

4,882 66 

1,250 01 

4,697 29 

4,752 38 

205 92 

366 87 

12,620 10 

1,047 12 

1.252 82 
9,934 74 

22,693 81 
5,970 77 

37,593 47 
5,825 24 

2,042 68 
3,090 91 

184 92 

4,281 51 

19,848 93 

1,942 49 

230 62 
72 25 

835 39 
3,661 60 

1,956 22 
433 79 

2,345 37 

72.702 36 

11,080 67 

556 62 

118,687 05 

2,736 74 

355 00 

5,086 74 
4,689 32 

475 59 
1,053 12 
2,085 71 
9,250 34 
3,983 46 
28,438 54 
6,811 59 

133 55 
671 51 

174 16 
7,859 14 
1,537 10 
1,004 15 
2,723 78 
4,751 46 

175 69 
350 90 

4,303 59 
1,489 09 
7,868 23 
1,195 11 
6,734 21 



$1,061,651 06 



901 63 
213 08 

1,000 00 

844 45 

6,050 00 

19,902 92 



475 00 
696 71 
583 99 
2,950 00 i 
1,593 95 I 
133 33 
909 07 

14,916 86 
25 00 

200 59 

6 45 

3,794 82 

16 80 

6,768 

170,024 75 

538 43 

14,533 15 
1,020 96 

31,989 50 
500 00 
690 09 



2,623 49 

5,542 09 

15,211 37 

500 00 



314 50 

6,180 12 

24,431 07 

126,005 67 

1,768 53 | 
2,086 83 
5,048 98 



760 40 

739 91 

5,357 22 

246 70 

33,549 63 

1,524 62 

594 50 

7,321 53 



7,736 48 

286 83 

31,714 02 

25,70ii on 

802 05 

200 00 

500 00 



5,043 91 

27,089 60 

51,082 18 

1,488 19 

6,233 20 



314,110 

025,802 

1.597.991 

3,640,070 

1,646,219 

2,074,784 

511,985 

191, xi ill 

793,301 

470,331 

1,459,288 



53 

01 
28 
92 

51 
26 

00 

71 
70 
28 

J7 



390,909 30 
190,272 54 
120,153 97 
235,707 32 
350,676 79 
423,029 31 
1,080,544 38 

332 63 

54,910 09 

455,810 37 

405,-. 

121 93 
3,038,3! 
9,573,686 49 

742.107 94 

1,92-2.1x0 69 
923,301 86 

74,243 03 

370,9 

323.095 40 

407,402 66 

254,571 87 

,',„i 66 

3,028.1171 17 

139 03 

2,229,186 88 

S42 29 

1,379,997 29 

1,065,991 86 

735,205 51 

379,;' 
1,541 51 
0,408,372 79 
M8 43 

751,3 

489,286 24 
1,067,2 
1,101,210 27 



437 

352, 

305, 

1.497, 

7.507. 

105 

346 

15,294 

1,259 

136, 



715 17 
309 19 
008 93 
98 81 
576 21 

369 27 

849 99 
494 00 



IV 

80 

81 
82 
83 
84 
85 
86 
87 
88 
89 
90 

91 
92 
93 
94 
95 
96 
97 
98 
99 
100 

I 101 
102 
103 
104 
105 
106 
107 
108 
109 

! no 
in 

112 
113 
114 
115 
116 
117 
118 
119 
120 

121 
122 
123 
124 
125 
126 
127 
128 
129 
130 

131 

132 
133 
134 
135 
136 
137 
138 
139 
140 



2,618,110 

057.458 

2SS.S97 

92.477 

21,303 

1,320,223 

1,903,747 

505,758 

1,419,909 

4,640,892 

241.507 
400,905 
330.071 
464.770 
787,111 
608,837 
231.113 
510,709 
234.728 
472,073 



24 ! 141 

06 142 

60 143 

67 144 

28 145 

51 146 

21 147 

72 ! 143 

65 ! 149 

12 150 



n5 

39 

57 



151 
152 
153 



90 154 
18 | 155 



$1,218,003 35 



8,481.675 11 

2.351,365 40 

3,279,109 74 

1,819,685 26 

677,770 75 



157 
158 
159 
160 

161 
162 
163 
164 
165 



$238,936,738 78 



* Temporarily enjoined. 



1 Amount invested in United States bonds, S'22,025,197.16; amount invested in State, County 



, City, and Town bends, $17,407,423.68. 






„ - . 



-" 



BANKS IN THE HANDS OF EECEIYERS. 



Jan. '82.] 



PUBLIC DOCUMENT— No. 8. 



875 



BARNSTABLE SAVINGS BANK — BARNSTABLE. 

Incorporated Jan. 29, 1831; perpetually enjoined by decree oi Supreme Judicial 

Court May 23, L878. 
Gustavus A. Hinckley, Samuel Snow, Receivers, 

Statement. 



Liabilities. 


Assets. 


Deposits 


$429,791 52 


Peal estate .... 
Heal estate aqcuired by 

foreclosure 
Mortgage loans . 
Personal loans 
Profit and loss 
Deposits in national banks, 
Cash on band . . . 


$4,000 00 

142,020 87 

180 43 

03,4 10 79 

172,713 48 
35,568 57 
11,291 38 




$429,791 52 


$429,791 52 



Amount of assets delivered to the receivers 

Date of delivery : June 11, 1878. 

Amount due depositors at time the bank was placed in hands of 
receivers - 

Corrected amount 

Further corrected (by amount set off under statute, 1878, chap. 
261) . 

Date, percentage, and amount of dividends allowed by the Su- 
preme Judicial Court: Oct. 15, 1878, 25 per cent, $321,893.72; 
July 2, 1879, 25 per cent, $321,893.72; Oct. 11, 1880, 10 per cent, 
$128,749.88; September, 1881, 10 per cent, $128,629.28. 



$1,274,040 81 



1,291,302 05 
1,287,614 04 

1,286,407 94 



Amount of each dividend paid to date 






Number of open accounts 3,228 

Number and amount of open accounts on which no divi- 
dend has been claimed or paid ...... 38 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends ....... 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: bank stock, $249,065, 
profit, $564.54; city and town bonds and notes, $47,553.12, 
loss, $271.87; real estate, $248,276.33, loss, $29,163.78; mort- 
gage loans, $554,013.82, loss, $131,803.47; personal loans, 
$163,747.10, loss, $12,769.80. 

Amount of expenses of receivership to date ..... 

Date of examination by commissioner : July 1. 



320,924 58 

320,500 51 

125,645 30 

89,544 91 



2,670 52 
160,000 00 



10,155 53 



376 



BANK COMMISSIONERS' REPORT. [Jan. 



DORCHESTER SAYINGS BANK— BOSTON. 

Incorporated 1853 ; perpetually enjoined by decree of Supreme Judicial Court 

Feb. 26, 1878. 

Richard C. Humphreys, J. Frank Pope, Receivers. 

Statement. 

Amount of assets delivered to receivers $412,124 27 

Date of delivery: March 1, 1878. 

Amount due depositors at time the bank was placed in hands of 

receivers 398.161 65 

Percentage and amount of dividends allowed by Supreme 

Judicial Court * 92^% 368,883 87 

Balance now due depositors t 1,038 29 

* Final dividend allowed Oct. 1, 1880. 

f This balance has since been deposited with the treasurer of the Commonwealth agreeably to 
the provisions of chap. 70 of the Acts of 1881. 



HYANNIS SAYINGS BANK — HYANNIS. 
Incorporated April, 1868 ; perpetually enjoined by decree of Supreme Judicial 

Court, Sept. 11, 1878. 

Joseph R. Hall, Frank Thacher, Receivers. 

Statement. 



Liabilities. 


Assets. 


Deposits . . . 


$200,596 97 


Mortgage loans . 

Real estate acquired by 

foreclosure 
Personal loans 
Suspense account 
Profit, and loss 
Shawnmt National Bank . 
First National Bank . 
Cash 


$14,391 88 

45,386 12 
4,104 89 
300 00 
74,956 67 
40,0tf5 30 
20,556 92 
• 835 19 




$200,596 97 


$200,596 97 



Amount of assets delivered to the receivers 

Date of delivery: Sept. 16, 1878. 

Amount due depositors at time the bank was placed in hands of 

receivers ........... 

Date, percentage, and amount of dividends allowed by Supreme 

Judicial Court: Jan. 8, 1879, 25 per cent, $131,154.26; Sept. 25, 

1879, 25 per cent, $131,154.26; May 22, 1880, 124. per cent, 

$65,577.13. 

Amount of each dividend paid to date 



$529,058 64 



524.617 05 



130.055 56 
129,043 56 

64,020 08 



L 



1882.] 



PUBLIC DOCUMENT — No. 8. 



377 



Number of open accounts 1,5S4 

Number and amount of open accounts on which no divi- 
dend has been claimed or paid 44 $4,410 04 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends, etc 82,000 00 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: bank stock, $125,210.50, 
loss, $32,551.51; bonds, $31,301.25, profit, $254.07; personal 
loans, $100,381.80, loss, $21,938.43; mortgage, $121,371.17, 
loss, $5,471.61; real estate, $82,623.01, loss, $35,385.55. 

Amount of expenses of receivership to date .... 6,269 93 

Date of examination by commissioner : July 1. 



LANCASTER SAYINGS BANK — LANCASTER. 

Incorporated 1845 ; perpetually enjoined by decree of Supreme Judicial Court 

Dec. 30, 1875. 

William H. McNeil, Elisha Brimhall, Benjamin Snow, Receivers. 

Statement. 



Liabilities. 


Assets, 


Deposits 
Dividends unpaid 


$451,417 50 
3,392 24 


Loans on real estate . 
Real estate acquired . 
Profit and loss 
Cash 


$18,000 00 

245,400 00 

168,429 40 

22,980 34 




$454,809 74 


$454,809 74 



Amount of assets delivered to the receivers $1,030,523 27 

Date of delivery : Jan. 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 Su- 
preme Judicial Court: June 10, 1876, 33^ per cent, $324,463.45; 
Nov. 19, 1877, 10 per cent, $96,732.32; Oct. 29, 1878, 10 percent, 
$96,732.32. 



Amount of each dividend paid to date 

Number of open accounts 2,397 

Number and amount of open accounts on which no dividend 
has been claimed or paid 28 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each : bank stock, $76,300, profit, 
$15,559.50; loans on bank stock, $2,000; loans on public 
48 



323,514 89 
95,948 13 
95,072 83 



2,765 68 
75,000 00 



378 



BANK COMMISSIONERS' REPORT. 



[Jan. 



fund, $1,075; loans on railroad stock, $1,092, loss, $366.75; loans 
on mortgage of real estate, $338,706.27, loss, $70,604.1S; loans 
on personal security, $290,850, loss, $126,8S9.37; loans on rail- 
road bonds, $31,500, loss, $20,326.92. 

Amount of expenses of receivership to date: viz., receivers, 
$10,757.99; advertising, $529.09; stationery, $171.37; rent, $250; 
commissions, $600.53; insurance, SI, 633. 63; engineers, experts, 
etc., $171.43; expenses of real estate, $4,206.34; clerical ex- 
penses, $2,964.66; taxes, $9,135.42; recording and conveyancing, 
$256.80; legal expenses, $2,474.41 

Date of examination by commissioner : Dec. 6. 



$33,151 67 



LEXINGTON SAVINGS BANK — LEXINGTON. 

Incorporated March, 1871; perpetually enjoined by decree of Supreme Judicial 

Court Dec. 13, 1878. 

George W. Robinson, Receiver, 
Statement. 



Liabilities. 



Assets. 



Due depositors . 


$24,443 17 


Mortgage loans . 


§3,600 00 


Surplus 


7,891 15 


Loans on personal security, 
Real estate acquired by 


39 79 






foreclosure 


21,100 00 


• 




Real estate acquired by 








purchase .... 


431 89 






Cash on hand and in bank . 


7,162 64 




$32,334 32 


$32,334 32 



Amount of assets delivered to the receiver 

Date of delivery : Dec. 24, 1878. 

Amount due depositors at time the bank was placed in hands of 
receiver 

Date, percentage, and amount of dividends allowed by the Su- 
preme Judicial Court: December, 1878, 25 per cent, $23,805.63; 
August, 1S79, 25 per cent, $23,805.63; February, 1SS0, 25 per 
cent, $23,805.63. 



Amount of each dividend paid to date 

Number of open accounts 

Number and amount of open accounts on which no dividend 
has been claimed or paid 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: mortgage loans, $30,700, 
at par; loans on personal security, $21,750, profit, $200; on 
sales of real estate acquired by foreclosure, profit, $150. 

Amount of expenses of receivership to date .... 

Date of examination by commissioner : Aug. 15. 



473 



61 



$101,209 89 



95,222 52 



23,667 57 
23,633 55 
23,478 23 



487 2S 



29,562 64 



365 82 






1882.] 



PUBLIC DOCUMENT — No. 8. 



379 



MECHANICS' SAVINGS BANK — BOSTON. 

Incorporated March 30, 1874; perpetually enjoined by decree of Supreme Judicial 

Court Feb. 1, 1877. 

George R. Dwelley, John F. Colby, Receivers. 

Statement. 

Amount of assets delivered to the receivers $421,960 33 

Date of delivery: Feb. 21, 1877. 

Amount due depositors at time the bank was placed in hands of 
the receivers 428,934 92 

Percentage and amount of dividends allowed by Supreme Judi- 
cial Court : 721 per cent * 309,502 45 

Balance now due depositors 833 50 

* Final dividend allowed May 9, 1879. 



MERCANTILE SAYINGS INSTITUTION — BOSTON. 

Incorporated 1861 ; perpetually enjoined by decree of Supreme Judicial Court 

Feb. 20, 1878. 

Alvah A. Burrage, Henry G. Crowell, Alphonso J. Robinson, Receivers. 

Statement. 



Liabilities. 



Assets. 



To depositors, after 
fourth dividend 

To balance first divi- 
dend unpaid 

To balance second 
dividend unpaid 

To balance third divi 
dend unpaid 

To balance fourth divi 
dend unpaid 

To persons at present 
unknown . 

To excess from sales 
of mortgaged estates, 

To suspense account 

To capital stock . 

To dividends on capi- 
tal stock . 

To rent account . 



$1,154,321 18 


2,657 74 


1,569 38 


3,092 95 


8,363 74 


330 60 


135 92 

5,425 00 

205,200 00 


1,793 79 
80 70 


$1,382,971 00 



Balance J. A. McNabb's 
note, new .... 

Summer-street lease acc't,* 

Bank furniture 

Estates owned by the insti- 
tution 

Expenses on mortgaged es- 
tates account 

Expenses in suits account . 

Profit and loss account 

Cash on hand 



$7 60 

20,071 39 

530 16 

131,121 30 

19 63 

5 72 
683,456 33 
547,758 87 



$1,382,971 00 



Amount of assets delivered to receivers $3,519,294 70 

Date of delivery : Feb. 27, 1878. 

Amount due depositors at time the bank was placed in hands of 
receivers . 3,298,060 66 

* Held to apply on this account: $12,000 ten per cent bonds of Lowe Township, Moultrie 
County, 111.; $14,000 ten per cent bonds of Unity Township, Piatt County, 111. In process of 
collection. 



380 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Date, percentage, and amount of dividends allowed by Supreme 
Judicial Court: May 13, 1878, 20 per cent, $659,612.15; Jan. 1, 
1879, 10 per cent, $329,806.08; Nov. 10, 1879, 15 per cent, 
$494,709.11; Nov. 10, 1880, 20 per cent, $659,612.14. 



Amount of each dividend paid to date 



I 



I 



$656,954 41 
328,236 70 
491,616 16 
651,248 40 



13,128 25 
577,00C 00 



Number of open accounts 9,792 

Number and amount of open accounts on which no dividend 
has been claimed or paid 702 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: mortgages, $1,448,539.27, 
loss, $137,392.54; estates in possession, $572,230.73, loss, 
$190,676.42; estates owned, $276,328.33, loss, $116,780.13; 
personal securities, $58,965.17, loss, $25,115.66; railroad 
bonds, $187,700, profit, $5,496.46; public funds, $429,500, 
profit, $32,633.43; loans to towns, $33,225, profit, $601.78; 
bank stock, $12,600, loss, $1,821.63; pianos, $5,348.79, loss, 
$1,566.76; suspense account, $1,012.50, profit, $153.69; 
bank building, $176,725.81, loss, $68,516.46. 

Amount of expenses of receivership to date 56,682 04 

Date of examination by commissioner: July 30. 



NEEDHAM SAVINGS BANK — NEEDHAM. 

Incorporated April 7, 1874 ; perpetually enjoined by decree of Supreme Judicial 

Court March 4, 1879. 

Emery Grover, Receiver. 
Statement. 



Liabilities. 




Assets. 




Due depositors . 
Interest collected 


$6,252 02 
1,632 60 


Real estate .... 
Loans on real estate . 
Loans on personal securities, 
Judgment .... 
Furniture .... 
Cash on hand and in bank . 


$1,100 00 

850 00 

1,650 00 

735 00 

519 36 

3,030 26 




$7,884 62 


$7,884 62 



Amount of assets delivered to the receiver $23,623 37 

Date of delivery : March 4, 1879. 

Amount due depositors at time the bank was placed in hands of 
receiver 23,354 17 

Date, percentage, and amount of dividends allowed by Supreme 
Judicial Court: July 23, 1879, 25 per cent, $5,837.86; Feb. 4, 
1880, 25 percent, $5,837.86; June 17, 1881, 25 percent, $5,837.86. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



381 



Amount of each dividend paid to date 

Number of open accounts 

Number and amount of open accounts on which no dividend 
has been claimed or paid 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each : bank stock, $1,680.50, loss, 
$445.50; mortgages on real estate, $16,550, loss, $120; loans 
on personal securities, $1,785. 

Amount of expenses of receivership to date .... 

Date of examination by commissioner: Dec. 31. 



209 



32 



>5,802 72 
5,756 28 
5,543 15 



141 08 



7,000 00 



260 34 



NORTH BRIDGEWATER SAVINGS BANK — BROCKTON. 

Incorporated April 24, 1851 ; perpetually enjoined by decree of Supreme Judicial 

Court Nov. 13, 1877. 

Rufus P. Kingman, Ellis Ames, Receivers. 
Statement. 



Liabilities. 


Assets. 


Due depositors . 
Suspense account 
Protit and loss 
Interest 
Dividends unpaid 


$110,272 05 

6,055 57 

16,705 80 

57,083 90 

8,832 42 


Mortgage loan 
Personal loan 

Real estate .... 
, Bank stock .... 
E. Southworth 
Dunbar & Co. 
Furniture and fixtures 
Expense .... 
Cash in bank 
Cash on hand 


$31,608 23 
26,654 39 

1,900 00 

2,385 24 
68,091 84 

2,852 51 

208 55 

16,666 48 

47,415 20 

1,227 30 




$199,009 74 


$199,009 74 



Amount of assets delivered to receivers 

Date of delivery: Nov. 19, 1877. 

Amount due depositors at time the bank was placed in hands of 
receivers 

Date, percentage, and amount of dividends allowed by Supreme 
Judicial Court: Jan. 22, 1878, 25 percent, $137,840.08; Oct. 8, 
1878, 25 per cent, $137,840.07; Aug. 22, 1879, 15 per cent, 
$82,704.04; July 8, 1880, 15 per cent, $82,704.04. 



Amount of each dividend paid to date ■ 

Number of open accounts 2,297 

Number and amount of open accounts on which no dividend 
has been claimed or paid ....... 88 

Estimated amount to be realized from remaining assets appli- 
cable to the payment of dividends 



$450,840 40 



553,000 21 



35,694 10 

135,421 31 

80,898 51 

80,241 89 



8,571 04 
60,000 00 



382 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of eacli class of assets disposed of to date, and amount of 
profit or loss on each: bonds, $17,152.50, profit, $150.32; bank 
stock, $25,088.50, loss, $525.50; mortgage loan, $241,171.23, loss, 
$1,670; personal loan, $96,181.70, loss, $3,922.80. 

Amount of expenses of receivership to date 

Date of examination by commissioner : July 6. 



$16,666 48 



READING SAVINGS BANK — READING. 

Incorporated July 14, 1869; perpetually enjoined by decree of Supreme Judicial 

Court April 11, 1879. 

William J. Holden, Solon Bancroft, Receivers. 

Statement. 



Liabilities. 



Assets. 



ac- 
in- 
al- 

tlie 



Due depositors . 

Interest account 

The depositors' 
count has been 
creased by the 
lowance, by 
Supreme Judicial 
Court, of a claim 
made upon a book 
which represented 
no actual deposit. 
Other contested 
claims to a large 
amount were sub- 
mitted to the full 
Court in March last, 
and now await its 
decision. Until a 
decision is made, it 
is impossible to tcil 
upon what amount 
dividends should be 
paid. 



$136,042 96 
6,178 29 



$142,221 25 



Mortgage loans 

Personal loans 

United States bonds . 

Bank stock . 

Due from late treasurer 

Expense 

Note of E. Wight 

Real estate . 

Profit and loss 

Cash .... 



$41,805 00 

8,374 00 

1,000 00 

2,900 00 

38,387 74 

4,412 51 

409 41 

13,293 31 

283 12 

31,356 16 



$142,221 25 



Amount of assets delivered to the receivers 

Date of delivery: April 23, 1879. 

Assets afterwards recovered by the receivers 

Amount due depositors at time the bank was placed in hands of 
receivers 

Date, percentage, and amount of dividend allowed by Supreme 
Judicial Court: Nov. 3, 1879, 12£ per cent* . 

Amount of dividend paid to date 

Number of open accounts 681 

Number and amount of open accounts on which no dividend 
has been claimed or paid 33 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each : real estate and mortgages, 
$35,448, loss, $231.36; personal notes, $8,299.80, —all at par. 
* Another dividend of fifteen per cent allowed Nov. 23, 1SS1. 



$108,962 81 

4,250 00 

155,345 69 

19,418 21 
19,302 73 

936 16 
16,545 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



383 



Amount of expenses of receivership to date $4,412 51 

Date of examination by commissioner: Dec. 3. 

The amount of assets as given above includes notes and mortgages which are 
claimed by other parties, the ownership of which is to be determined by judicial 
proceedings. 



ROCKPORT SAVINGS BANK — ROCKPORT. 

Incorporated 1853; perpetually enjoined by decree of Supreme Judicial Court 

Feb. 26, 1878. 

Charles P. Thompson, Joseph Manning, Receivers. 

Statement. 



Liabilities. 


Assets. 


Amount due deposit- 
ors .... 


$55,676 73 


Profit and loss 

Cash on hand and in bank . 


$24,584 69 
31,092 04 




$55,676 73 


$55,676 73 



Amount of assets delivered to the receivers 

Date of delivery : Feb. 26, 1878. 

Amount due depositors at time the bank was placed in hands of 

receivers 

Corrected amount . . ' 

Date, percentage, and amount of. dividends allowed by Supreme 

Judicial Court:* Oct. 23, 1878, 25 per cent, $45,580.22; Oct. 3, 

1879, 20 per cent, $36,464.17; Aug. 18, 1880, 25 per cent, 

$45,580.22, 



$194,459 VI 



182,415 58 
182,320 88 



45,403 32 
36,128 38 
45,019 36 



175 63 



Amount of each dividend paid to date . . . 

Number of open accounts 882 

Number and amount of open accounts on which no dividend 
has been claimed or paid 12 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: mortgages, $100,822.11, 
loss, $22,340.89; real estate, $24,207, loss, $10,037.14: bank 
stock, $22,255.12, loss, $1,610.93; personal notes, $3,370, 
loss, $125. 

Amount of expenses of receivership to date 6,422 26 

Date of examination by commissioner: Sept. 15. 

* Final dividend of fourteen and seven-tenths per cent allowed since this report was compiled. 



384 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SANDWICH SAVINGS BANK — SANDWICH. 

Incorporated 1866 ; perpetually enjoined by decree of Supreme Judicial Court 

Jan. 29, 1878. 

H. G. O. Ellis, Receiver. 
Statement. 



Liabilities. 


Assets. 


Due depositors . 
Due G. C. Hoag . 


$29,691 34 
58 51 


Personal loans 
Mortgage loans . 
Real estate held by fore- 
closure .... 
Cash (dividends unpaid) . 
Cash on hand 
Deficit 


$740 00 
11,840 89 

1,050 00 

2,653 80 

2,191 77 

11,273 39 




$29,749 85 


$29,749 85 



Amount of assets delivered to the receivers 

Date of delivery : April 1, 1878, 

Amount due depositors at time the bank was placed in hands of 

1 cL I i \ v. I •*> • • • • * • • • • • * 

Date, percentage, and amount of dividends allowed by Supreme 
Judicial Court: Aug. 23, 1878, 30 per cent, $32,442.95; Oct. 22, 
1879, 15 per cent, $16,221.62; Sept. 24, 1880, 15 per cent, 
$16,221.62; June 14, 1881, 15 per cent, $16,221.02. 

Amount of each dividend paid to date ■ 



$109, 5S6 22 



108.145 35 



Number of open accounts 

Number and amount of open accounts on which no dividend 
has been claimed or paid 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: mortgage loans, 
$56,872.11, loss, $17,775; personal loans, $23,973, loss, $198; 
bonds, $14,000, profit, $1,630. 

Interest received from all sources 

Amount of expenses of receivership to date .... 

Date of examination by commissioner : July 31. 



517 



17 



32,249 85 


16.016 09 


15,722 25 


14,465 82 


193 10 


6,000 00 



11,477 52 
4,624 47 



1882.] 



PUBLIC DOCUMENT — No. 8. 



385 



SCITUATE SAYINGS BANK — SCITUATE. 

Incorporated May 31, 1851; perpetually enjoined by decree of Supreme Judicial 

Court July 9, 1880. 

Ebenezer T. Fogg, Wizard Torrey, Receivers. 



Statement. 



Liabilities. 


Assets. 


Deposits 
Unpaid dividends 


$101,555 79 
148 11 


Loans on mortgages of real 

Loans on personal securities, 
Real estate by foreclosure . 
Due on bond 
Profit and loss 
Cash on band 


$26,886 00 

3,564 90 

36,850 00 

3,250 00 

4,604 81 

26,548 19 




$101,703 90 


$101,703 90 



Amount of assets delivered to the receivers $125,486 44 

Date of delivery : July 23, 1880. 

Amount due depositors at time the bank was placed in hands of 

receivers, being $80.24 less than Oct. 31, 1880, occasioned by 

errors in books 127,181 29 

Date, percentage, and amount of dividends allowed by Supreme 

Judicial Court:* Sept. 11, 1880, 20 per cent, $25,625.50. 

Amount of dividend paid to date 25,477 39 

Number of open accounts 341 

Number and amount of open accounts on which no dividend 

has been claimed or paid .9 148 11 

Estimated amount to be realized from remaining assets appli- 

able to payment of dividends 55,550 00 

Amount of each class of assets disposed of to date, and 

amount of profit or loss on each : real estate, $15,800, loss, 

$4,235; mortgages, $12,169.50, loss, $50; notes, $2,885.43, 

at par value; bank stock, $4,200, loss, $170. / 

Amount of expenses of receivership to date 467 96 

Date of examination by commissioner : Oct. 13. 

* Another dividend of twenty per cent allowed Nov. 16, 1881. 
49 



3S6 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WEST BOSTON SAVINGS BANK — BOSTON. 

Incorporated 18(57; perpetually enjoined by decree of Supreme Judicial Court 

Jan. 9, 1878. 

Lyman P. French, Clement Willis, Receivers. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$471,240 64 


Profit and loss 

Cash ..... 


$251,591 83 
219,648 81 




$471,240 64 


$471,240 64 



Amount of assets delivered to the receivers 

Date of delivery: Jan. 12, 1878. 

Amount due depositors at time the bank was placed in hands of 

Date, percentage, and amount of dividends allowed by Supreme 
Judicial Court:* June 10, 1878, 25 per cent. $455,503.96: Feb. 
17, 1879, 15 percent, $273,302.37; April 21, 1870. 10 per cent, 
$182,201.58; Oct. 6, 1879, 15 per cent, $273,302.37; June 23, 
1880, 10 per cent, $182,201.58. 



$1,939,897 59 



1,822.015 S3 



Amount of each dividend paid to date 



f 453.410 44 
271.753 27 
■j 1S0.988 11 
| 270.245 74 
I 174,377 63 



Number of open accounts 5,451 

Number and amount of open accounts on which no dividend 
has been claimed or paid 634 2,093 52 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: real estate and loans on 
real estate, $1,533,315.71, loss, $343,042.41; loans on per- 
sonal security, $71,825.10, loss, $60,107.86; bank stocks. 
$208,753.26, loss, $46,004.62; public funds, $4S,855, loss, 
$948.75; railroad bonds, $3,165, profit, $135; loans on bank 
stock, $700; loan to town of Braintree, $20,000, at par 
value. 

Expenses of receivership to date: repairs on real estate, 
$13,503.21; taxes, including corporation tax, $27,278.50; 
auction, commission, and registry expenses, $8,056.69; can- 
celling lease, $1,600; legal expenses, $4,514.86; clerical ex- 
pense, $7,464.50; receivers' allowance, $12,000; rent of 
rooms, $2,271.57; stationery and printing, $520.70; miscel- 
laneous expenses, including postage and revenue stamps, 
$1,178.38 78.478 41 

Date of examination by commissioner: Oct. 19. 

Final dividend of ten per cent allowed Nov. 29, 1SS1. 






1882.] 



PUBLIC DOCUMENT — No. 8. 



38T 



AGGREGATE STATEMENT OF BANKS IN THE HANDS OF 

RECEIVERS -1881. 



Liabilities 


• 


Assets. 


Deposits 


$3,171,301 87 


Public funds 


$1,000 00 


Sundries 


336,688 41 


Bank stock .... 


5,285 24 






Real estate .... 


20,293 31 






Real estate by foreclosure . 


247,438 88 






Loans on real estate . 


394,562 43 






Loans on personal security, 


108,544 76 






Profit and loss 


1,380,620 33 






Sundries .... 


290,243 00 






Cash on hand and in banks, 


1,048,728 94 






Deficit ..... 


11,273 39 




$3,507,990 28 


$3,507,990 28 



AGGREGATE STATEMENT OF BANKS IN THE HANDS OF 

RECEIVERS - 1880. 



Liabilities. 




Assets. 


Deposits 


$4,046,122 09 


Bank stock .... 


$12,611 24 


Sundries 


123,531 79 


Railroad bonds . 


31,500 00 






Real estate .... 


174,345 63 






Real estate by foreclosure . 


1,118,539 19 






Loans on real estate . 


594,314 40 






Loans on personal security, 


257,713 62 






Profit and loss 


548,416 40 






Sundries .... 


181,902 33 






Cash on hand and in banks, 


992,305 90 






Deficit 


258,005 17 





$4,169,653 88 


$4,169,653 88 



388 



BANK COMMISSIONERS' REPORT. [Jan. 



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1882.] 



PUBLIC DOCUMENT — No. 8. 



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390 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Statements were made by the following-named companies in 
accordance with the provisions of their charters : — 

AMERICAN LOAN AND TRUST COMPANY — BOSTON. 

Nov. 5, 1881. 



Liabilities. 

Capital 

Deposits subject to check 
Certificates of deposit . 
Bills payable on demand 
Bills payable on time . 



Undivided profits 



Assets. 
Loans payable on time . 
Loans payable on demand . 
State bonds .... 
Municipal bonds 
Railroad stocks 
Railroad bonds 



Furniture and fixtures . 
Expenses . 

Cash in national banks . 
Bills, specie, and cash items 



$513,964 21 

3,421 80 

84,900 00 

491,467 19 



$4,470 67 

38,208 62 

69,003 75 

287,987 57 



$1,000,000 00 



1,093,753 20 
23,451 98 



$2,117,205 18 



$1,047,520 70 
382,130 00 



399,670 61 
6,842 70 
8,805 67 

269,943 43 
2,292 07 



$2,117,205 18 



Date of examination by commissioner: Dec. 19. 



BOSTON SAFE DEPOSIT AND TRUST COMPANY 

Nov. 14, 1881. 



BOSTON. 



Liabilities. 
Capital stock .... 
Profit and loss 

Interest 

Commissions .... 
Safe, rental, and storage 
Discount 



Deposits . 
Trust funds 



Assets. 
United States Government bonds 

City (New England) bonds 

Town (Massachusetts) bonds .... 
Railway (New England) bonds 

Loans: — 
Payable on demand, with collaterals or sureties 
Payable on time, with collaterals or sureties 
Payable on time, with mortgages of real estate 



Amount carried fomoard 



$18,299 15 

3,641 89 

10,618 86 

20,321 45 



$200,206 63 

30,710 00 

41,350 00 

197,852 50 



$686,900 00 

1,545,814 32 

159,800 00 



$400,000 00 
66,937 62 



52,881 35 

2,648,103 57 

32,079 78 



$3,200,002 32 



$470,119 13 



2,392,514 32 



$2,862,b33 45 



1882.] 



PUBLIC DOCUMENT — No. 8. 



391 



BOSTON SAFE DEPOSIT AND TRUST COMPANY -Concluded. 



Amount brought forward 
Expenses: — 
General expense account 
United States taxes . 
State taxes . 



Safes and fixtures 
Cash: — 

In banks 

In office 



In trust : — 
Under wills . 
Other trusts . 



Trust Department. 

Liabilities. 



Income 



Assets. 
United States Government bonds . . ' . 

Mortgages of real estate 

Railroad stock 

City bonds 

Kailroad bonds 

Bank stocks 

Manufacturing company stock 

Estates occupied by beneficiaries . . . . 

Boston Music Hall Association 

Massachusetts Hospital Life Insurance Company, 

annuities in trust 

Town notes 

Massachusetts savings bank deposits .... 

Loans on personal security 

Cash : — 

Principal . . 

Income 



$12,874 87 
2,193 92 
3,384 96 



$266,821 79 
12,093 33 



$651,643 36 
71,000 00 



• • 



* • 



• • 



$28,831 81 
3,247 97 



$2,862,633 45 



18,453 75 
40,000 00 



278,915 12 



$3,200,002 32 



$722,643 36 
3,247 97 



$725,891 33 



$172,327 50 

130,444 73 

18,686 00 

28,750 00 

115,475 00 

74,289 00 

40,:550 00 

17,425 00 

200 00 

70,000 00 
5,000 00 
4,000 00 

16,864 32 



32,079 78 



$725,891 33 



Date of examination by commissioner: Nov. 22. 



COLLATERAL LOAN COMPANY — BOSTON. 

Nov. 30, 1881. 

Liabilities. 

Capital stock paid in 

Reserve account, No. 43 

Notes payable 

Dividend 

Undivided profits 

Resources. 

Cash on hand 

Loan account 

Furniture 



$150,000 00 
315 57 

22,858 72 
829 00 

11,594 57 



$185,597 86 



$5,850 38 

176,747 48 

3,000 00 



$185,597 86 



Date of examination by commissioner: Dec. 31. 



392 



BANK COMMISSIONERS' REPORT. 



[Jan. 



INTERNATIONAL TRUST COMPANY —BOSTON. 

Oct. 31, 1881. 



Liabilities. 

Capital stock 

Deposits . 

Undivided profits 

Bills payable 

Dividends unpaid 

Deposits for payment of coupons 

Assets. 

United States bonds 

City and town bonds 

Railway and steamboat bonds and stocks 

International Trust Company stock, field for distribution under 

by-laws 

Demand loans 

Time loans 

Furniture and fixtures 

Expenses and taxes paid 

Deposits in national banks 

Casfi in office 



$300,000 00 


793,973 95 


17,476 29 


100,000 00 


1,715 42 


5,337 50 


$1,218,503 16 


$4,479 75 


90,208 75 


197,427 32 


5,000 00 


356,636 16 


431,887 50 


2,164 66 


6,130 72 


121,728 00 


2,840 30 


$1,218,503 16 



Date of examination by commissioner: Oct. 6. 



MASSACHUSETTS LOAN AND TRUST COMPANY 

Oct. 31, 1881. 



BOSTON. 



Capital stock actually paid in 

Investments in railroad bonds (Atlantic and Pacific) 
Investments in R.R. stocks (Ohio and Mississippi, j referred) 

Cash on band 

Dividend paid Aug. 15, 1881, since last report: 3 per cent. 



$500,000 00 

27,000 00 

20,000 00 

143,515 85 



This corporation takes no deposits, and has never opened or done any business 
under its Trust Department, and has therefore no returns to make, as provided 
by its charter, other than those given herein. 

Date of examination by commissioner: Nov. 30. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



393 



NEW ENGLAND TRUST COMPANY — BOSTON. 

Oct. 31, 1881. 



Liabilities. 

Capital stock 

Deposits 

Interest ... - 

Profit and loss account 

Guaranty 

Commissions 

Eor payment of bonds, coupons, dividends, etc. 

Sinking funds of railroad companies . 

United States tax 



Assets. 
United States Government bonds .... 
City of Charlestown bonds . . . . . 

Railroad bonds " . 

Loans on time notes, with collateral or sureties 
Loans on time notes to states, counties, cities, and 

towns in New England 

Loans on time notes to corporations in Massachusetts, 



Loans on call, with collateral or sureties . 
Loans on call to corporations in Massachusetts 



$500,000 00 

7,171,271 64 

132,382 06 

12,333 88 

200,000 00 

1,612 85 

29,206 48 

26,713 39 

16,729 12 



Cash in banks in Boston 
Cash in office . 



Expense account 



Trust accounts 

Income 

Dividends 



Trust Department. 

Liabilities. 



$2,960,963 10 

117,000 00 
882,301 32 



$800,850 00 
696,762 39 



$1,310,120 97 
16,503 36 



$528,974 89 
5,421 08 
1,491 02 



Assets. 
United States Government bonds 
City bonds (in Massachusetts) 
State bonds (in New England) 
Railroad bonds .... 
Railroad stocks .... 



Manufacturing stocks (special trust) 
Insurance stocks (special trust) . 
Mortgage notes .... 
Real estate 



Stock in national banks in Boston 
Notes secured by collateral . 
Cash in banks in Boston 



$148,111 03 
40,012 74 



$122,000 87 
12,500 00 



$8,090,249 42 



$1,029,000 00 

12,000 00 

234,000 00 



3,960,264 42 

1,497,612 39 

1,326,624 33 
30,748 28 



$8,090,249 42 



$535,886 99 



$123,661 22 
25,027 57 
24,219 82 



188,123 77 
7,500 00 
2,500 00 



134,500 87 

17,545 50 

4,500 00 

8,308 24 



$535,886 99 



Date of examination by commisioners : Nov. 3. 
50 



394 



BANK COMMISSIONERS' REPORT. [Jan. 



WORCESTER SAFE DEPOSIT AND TRUST COMPANY — WORCESTER. 

Oct. 31, 1881. 



Capital stock . 
Deposits . 
Profit and loss 
Undivided profits 
Surplus fund . 



Liabilities. 



Dividends unpaid 
Trust funds 



Cash : — 
In office 
In banks 



Assets. 



Bonds: — 

United States 

Vt. Central and Vt. and Canada equipment 8s 
Worcester Street Railway .... 

Stocks : — 
Central National Bank, New York . 



Loans: — 
Notes of corporations 
To individuals, with collaterals 
On mortgage of real estate 



Expenses: — 
General expenses 
Furniture and fixtures 
Premium account 
Clearing-house fund . 
Real estate . 
Real estate by foreclosure 



Trust Department. 

Liabilities. 
In trust: — 

Under wills 

Other trusts . 
Income . . 

Assets. 
United States bonds 
Railroad bonds .... 
Railroad stock . 

Bank stock 

Gas-light companies stock . 
Express companies stock 
Cash : — 

Principal 

Income 



$14,423 11 

4,897 37 
20,000 00 



8104,549 68 
131,533 35 



82,050 00 

152,000 00 

20,000 00 



SI, 144,353 84 
170,339 00 

23,700 00 



Dividend Oct. 1, 1881 (3 per cent) 
Number of accounts 



80,000 
1,704 



810.000 00 
5,019 18 

1,000 oo 

33,000 00 
2,798 43 



862,235 00 

4,900 00 

80 99 



817,912 50 

44,285 00 

1,000 00 

2,400 00 

400 00 

100 00 

1,037 50 
80 99 



$200,000 00 
1,573,777 21 



39,320 48 

231 00 

1,118 49 



81,814,447 18 



'ff-'-t 



8236,083 03 

174,050 00 
13,400 00 



1,338,392 84 
703 70 



51,817 61 



81,814,447 18 



867,215 99 



867,215 99 



Date of examination by commissioner: June 6. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



395 



MASSACHUSETTS HOSPITAL LIFE INSURANCE COMPANY 

BOSTON. 

Dec. 31, 1881. 



Liabilities. 

Deposits 

Earnings undivided 

Insurance on lives 

Annuities on lives 

Capital stock 

Surplus 

Assets. 

Mortgages 

Real estate 

Personal and collateral loans 
United States bonds . 

Municipal bonds 

Railroad bonds 

Railroad stocks 

Bank stock . . 

Cash on hand 



$14,717,391 76 
137,335 44 
8,174 49 
433,614 72 
500,000 00 
172,043 24 



$15,968,559 65 



$8,415,637 83 

90,000 00 

4,817,700 00 

750,000 00 

95,000 00 

985,918 75 

414,000 00 

128,579 13 

271,723 94 



$15,968,559 65 



Date of examination bv commissioner: Dec. 28. 



STATEMENTS 



OP THE 



CO-OPERATIVE SAVING-FUND 



AND 



LOAN ASSOCIATIONS. 



MADE IN CONFORMITY TO THE REQUIREMENTS OF 
CHAPTER 129 OF THE ACTS OF 1879. 



398 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CAMBRIDGE CO-OPERATIVE SAVING-FUND AND LOAN ASSO- 
CIATION — EAST CAMBRIDGE. 

Incorporated Sept. 5, 1877. Commenced business Sept. 12, 1877. 

Capital to be accumulated, $500,000. 

Rufus R. "Wade, President. Secretary, Robert L. Sawin. 

John Loughrey, Treasurer. 

Statement. 



Liabilities. 


t 

Assets. 


37 sbares of stock, first se- 




Loans on real estate . 


$4,165 00 


ries, at $56.48 . 


$2,089 76 


Loans on shares . 


823 00 


12 shares of stock, second 




Unpaid dues 


63 00 


series, at $51.91 


622 92 


Balance of permanent ex- 




15 shares of stock, third se- 




pense account . 


109 13 


ries, at $48.81 . 


732 15 


Other assets 


63 31 


4 shares of stock, fourth 




Cash on hand 


1,061 75 


series, at $45.18 


180 72 






14 shares of stock, sixth se- 








ries, at $38.40 . 


537 60 






5 shares of stock, ninth se- 








ries, at $26.52 . 


132 60 






5 shares of stock, tenth se- 








ries, at $23 07 . 


115 35 






21 shares of stock, eleventh 








series, at $19.60 


411 60 






17 shares of stock, twelfth 








series, at $16.16 


274 72 






33 shares of stock, thir- 








teenth series, at $12.60 . 


415 80 






15 shares of stock, four- 








teenth series, at $9 38 


140 70 






70 shares of stock, fifteenth 








series, at $6.22 . 


435 40 






48 shares of stocks, six- 








teenth series, at $3.06 


146 88 






Surplus 


10 






Forfeited share account 


11 12 






Interest on dues paid in ad- 








vance 


1 22 






Other liabilities . 


36 55 








$6,285 19 


$6,285 19 



Number of shares issued during the year . 
Number of shares now in force .... 
Number of shares now borrowed upon 
Amount of dues received during the year 
Highest premium received during the year 
Lowest premium received during the year 
Fine for non-payment of dues .... 

Transfer fee 

Number of members withdrawn during the year 
Present number of members .... 
Present number of borrowers .... 
Present number of non-borrowers 



227 

296 

61 



$3,474 00 

35 

5 

2 

25 



24 
50 
14 
36 



1882.] 



PUBLIC DOCUMENT — No. 8. 



399 



Amount of loans at date 

Number and amount of loans on. real estate .... 9 
Number and amount of loans secured by first mortgage of 

real estate 9 

Number and amount of loans on shares 5 

Largest loan to any one member 

Smallest loan to any one member 

Largest number of shares held by any one member . . 20 

Amount of expenses of the corporation for previous year (not 

including interest) 

Value of shares at last report * 

Total value of unpledged shares (including unpaid dues) 
Number of shares forfeited during the year .... 2 
Amount of interest credited to shares during the year . 
Number of shares withdrawn during the year .... 165 
Number and amount of loans repaid during the year . .11 
Geographical limit: Massachusetts. 

Amount of cash received during the year 

Amount of cash paid during the year 

Secretary's salary 

Treasurer's bond 

Secretary's bond 

Date of examination by commissioner: Sept. 3. 





4,105 00 


4,165 00 


823 00 


1,000 00 


25 00 


96 23 


5,819 38 


4,036 91 


319 47 


635 00 


4,087 22 


3,254 35 


40 00 


1,000 00 


500 00 



CAMPELLO CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — BROCKTON. 

Incorporated Oct. 3, 1877. Commenced business Oct. 8, 1877. 

Capital to be accumulated, $1,000,000. 

Albert Keith, President. Secretary, Warren T. Copeland. 

Ziba C. Keith, Treasurer. 

Statement. 



Liabilities. 



Assets. 



588 shares of stock, first 

series, at $58.44 
238 shares of stock, second 

series, at $42.31 
386 shares of stock, third 

series, at $27.36 
408 shares of stock, fourth 

series, at $13 59 
862 shares of stock, fifth 

series, at $1.00 . 
Dues paid in advance . 
Interest . . . . 

Premium . . . . 
Transfer fees 

Surplus 

"Withdrawal profits 



$34,362 72 


10,069 78 


10,560 96 


5,544 72 


362 00 


9(53 00 


194 32 


52 55 


1 00 


51 40 


50 21 


$62,212 66 



Loans on real estate . 

Loans on shares . 

Unpaid dues 

Balance of permanent ex- 
pense account . 

Balance of temporary ex- 
pense account . 

Fines 

Cash on hand 



$54,750 00 

3,050 00 

263 00 

338 20 

31 50 

5 91 

3,774 05 



$62,212 66 



400 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of shares issued during the year 558 

Number of shares now in force 1,982 

Number of shares now borrowed upon 399 

Amount of dues received during the year 

Highest premium received during the year 

Lowest premium received during the year 

Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year ... 56 

Present number of members 412 

Present number of borrowers 72 

Present number of non-borrowers 340 

Amount of loans at date 

Number and amount of loans on real estate .... 62 
Number and amount of loans secured by first mortgage of 

real estate 62 

Number and amount of loans on shares 10 

Largest loan to any one member 

Smallest loan to any one member 



Largest number of shares held by any one member 

Amount of expenses of the corporation for previous year (not 

including interest) 

Value of shares at last report: first series, $41.84; second 

series, $27.15; third series, $13.54; fourth series, $1.00. 
Total value of unpledged shares (including unpaid dues) 
Amount of interest credited to shares during the year . 
Number of shares withdrawn during the year . 
Number and amount of loans repaid during the year 
Geographical limit : Massachusetts. 
Amount of cash received during the year 
Amount of cash paid during the year 

Secretary's salary 

Treasurer's bond 

Secretary's bond 

Date of examination by commissioner : July 7 



25 



297 

28 



$21,277 00 
60 



25 



57,800 00 
54,750 00 

54,750 00 

3,050 00 

2,100 00 

50 00 



552 49 



44,820 04 
4,511 97 

13,730 00 

40,613 62 

36,989 47 

250 00 

1,500 00 

1,500 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



401 



EQUITABLE CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — LYNN. 

Incorporated Oct. 2, 1877. Commenced business Oct. 8, 1877. 

Capital to be accumulated, $1,000,000. 

James H. Richards, President. Secretary, Benjamin E. Porter. 

William A. Estes, Treasurer. 

Statement. 



Liabilities. 


Assets. 


130 shares of stock, first se- 




Loans on real estate . 


$12,550 00 


ries, at $53.67 . 


$6,977 10 


Loans on shares . 


345 00 


53 shares of stock, second 




Unpaid dues 


640 92 


series, at $39.60 


2,098 80 


Balance of permanent ex- 




56 shares of stock, third 




pense account, . 


21 70 


series, at $26 17 


1,465 52 


Balance of temporary ex- 




59 shares of stock, fourth 




pense account . 


4 00 


series, at $19.69 


1,161 71 


Interest account 


188 56 


80 shares of stock, fifth se- 




Cash on hand 


792 64 


ries, at $13.31 . 


1,064 80 






173 shares of stock, sixth 








series, at $7.09 . 


1,226 57 






107 shares of stock, seventh 








series, at $4.02 . 


430 14 






94 shares of stock, eighth 








series, at $1.00 . 


94 00 






Surplus 


3 08 






Forfeited share account 


21 10 








$14,542 82 


$14,542 82 



Number of shares issued during the year . 

Number of shares now in force 

Number of shares now borrowed upon 

Amount of dues received during the year 

Highest premium received during the year 

Lowest premium received during the year 

Fine for non-payment of dues: 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year 

Present number of members 

Present number of borrowers 

Present number of non-borrowers .... 

Amount of loans at date 

Number and amount of loans on real estate 

Number and amount of loans secured by first mortga 

real estate 

Number and amount of loans on shares . 

Largest loan to any one member .... 

Smallest loan to any one member .... 

Largest number of shares held by any one member 

Amount of expenses of the corporation for previous year (not 

including interest) 



ge of 



457 

752 
76 



31 
176 

26 
150 



22 

22 
5 



25 



$6,699 83 
19 
05 

25 



12,895 00 
12,550 00 



12,550 00 
345 00 

2,200 00 
20 00 



158 03 



51 



402 



BANK COMMISSIONERS' EEPORT. 



[Jan. 



Value of shares at last report: first series, $52.67; second 
series, $38.60; third series, $25.17; fourth series, $18.69 
fifth series, $12.31; sixth series, $6.09; seventh series, $3.02 

Total value of unpledged shares (including unpaid dues) 

Amount of interest credited to shares during the year 

Number of shares withdrawn during the year . 

Number and amount of loans repaid during the year 

Geographical limit: Massachusetts. 

Amount of cash received during the year 

Amount of cash paid during the year 

Secretary's salary .... 

Treasurer's salary .... 

Treasurer's bonds .... 

Secretary's bonds .... 

Date of examination by commissioner : Aug. 9 



134 
3 



$12,019 87 
523 94 

100 00 

7.231 80 
6,774 47 
50 00 
25 00 
2,000 00 
1,000 00 



FITCHBURG CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — FITCHBURG. 

Incorporated Oct. 27, 1877. Commenced business Nov. 8, 1877. 

Capital to be accumulated, 81.000,000. 

Jabez Fishek, President. Secretary, Joseph F. Simo:nt>s. 

George E. Clifford, Treasurer. 

Statement. 



Liabilities. 



Assets. 



317 shares of stock, first se- 




Loans on real estate . 


$48,222 00 


ries, at $53.92 . 


$17,092 64 


Loans on shares . 


4,680 00 


231 shares of stock, second 




Unpaid dues, interest, pre- 




series, at $40.50 


10,741 50 


miums, and fines 


1,403 25 


107 shares of stock, third se- 




Balance of permanent ex- 




ries, at $39.28 . 


4,202 90 


pense account . 


199 13 


151 shares of stock, fourth 




Other assets 


61 25 


series, at $32.23 


4,806 73 


Cash on hand 


416 63 


169 shares of stock, fifth se- 








ries, at $25.38 . 


4,289 22 






298 shares of stock, sixth 








series, at $18.74 . 


5,584 52 






388 shares of stock, seventh 








series, at $12.36 


4,795 68 






403 shares of stock, eighth 








series, at $(5.09 . 


2,819 67 






Dues paid in advance . 


434 00 






Forfeited share account 


29 01 






Interest on dues paid in 








advance .... 


44 76 






Other liabilities . 


81 57 








$54,982 26 


$54,982 26 



Number of shares issued during the year 
Number of shares now in force . 
Number of shares now borrowed upon 
Amount of dues received during the year 



. 878 

2,124 

. 432 



$19,173 44 






1882.] 



PUBLIC DOCUMENT — No. 8. 



403 



Highest premium received during the year : 2^$ per cent. 
Lowest premium received during the year: ro% per cent. 
Fine for non-payment of dues : 1 per cent per month. 

Transfer fee 

Number of members withdrawn during the year 
Present number of members .... 
Present number of borrowers .... 
Present number of non-borrowers . . . 

Amount of loans at date 

Number and amount of loans on real estate 

Number and amount of loans secured by first mortgage of 

Number and amount of loans on shares . 
Largest loan to any one member .... 
Smallest loan to any one member .... 
Largest number of shares held by any one member . 
Amount of expenses of the corporation for previous year (not 

including interest) .... 
Value of shares at last report . 

Total value of unpledged shares (including unpaid dues) 
Number of shares forfeited during the year 
Amount of interest credited to shares during the year 
Number of shares withdrawn during the year . 
Number and amount of loans repaid during the year 
Geographical limit : Massachusetts. 
Amount of cash received during the year 
Amount of cash paid during the year 
Treasurer's salary .... 
Secretary's salary 

Treasurer's bonds .... 
Secretary's bonds . 
Date of examination by commissioner: Oct. 3. 



15 

282 

78 

204 

• 

65 

65 

• 27 



25 



159 
21 



$0 25 



52,902 00 


48,222 00 


48,222 00 


4,680 00 


2,000 00 


20 00 


886 '96 


32,702 89 


41,359 59 



2,390 39 

4,845 00 

28,578 37 

29,045 77 

50 00 

180 00 

2,000 00 

1,000 00 



404 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HAVEBHILL CO-OPERATIVE SAVING-FUND AND LOAN ASSO- 
CIATION — HAVERHILL. 

Incorporated Aug. 20, 1877. Commenced business Sept. 3, 1877. 

Capital to be accumulated, $1,000,000. 

Amos W. Downing, President. Secretary, "William H. Page. 

J. "W. Bennett, Treasurer. 



Statement. 



Liabilities. 




Assets. 


169 shares of stock, first se- 




Loans on real estate . 


$21,200 00 


ries, at $56.03 . . 


$9,469 07 


Loans on shares . 


150 00 


49 shares of stock, second 




Unpaid dues 


320 00 


series, at $4H.25 


2,266 25 i 


Balance of permanent ex- 




124 shares of stock, third 




pense account . 


250 00 


series, at $29.73 


3,686 52 1 


Balance of temporary ex- 




265 shares of stock, fourth 




pense account . 


120 02 


series, at $16.46 


4,361 90 


Cash on hand . 


944 78 


174 shares of stock, fifth se- 








ries, at $10.09 . 


1,755 66 






253 shares of stock, sixth 








series, at $4 


1,012 00 






Surplus 


57 67 






Forfeited share account 


4 80 






Withdrawal profits 


9 25 






Other liabilities . 


361 68 








$22,984 80 


$22,984 80 



Number of shares issued during the year . 

Number of shares now in force 

Number of shares now borrowed upon 

Amount of dues received during the year 

Highest premium received during the year 

Lowest premium received during the year 

Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year 

Present number of members 

Present number of borrowers 

Present number of non-borrowers .... 

Amount of loans at date 

Number and amount of loans on real estate 

Number and amount of loans secured by first mortgage of 

real estate 

Number and amount of loans on shares . 
Largest loan to any one member .... 
Smallest loan to any one member .... 
Largest number of shares held by any one member 
Amount of expenses of the corporation for previous yea 

including interest) 

Value of shares at last report 



519 
1,034 



(not 



116 



$10,793 00 
30 
15 

25 



59 
255 

31 
224 



29 

29 
2 



25 



21,350 00 


21,200 00 


21,200 00 


150 00 


2,000 00 


50 00 



431 67 
14,396 91 






1882.] 



PUBLIC DOCUMENT — No. 8. 



405 



Total value of unpledged shares (including unpaid dues) 
Number of shares forfeited during the year 
Amount of interest credited to shares during the year . 
Number of shares withdrawn during the year . 
Number and amount of loans repaid during the year 
Geographical limit : Massachusetts. - 
Amount of cash received during the year 
Amount of cash paid during the year . 
Secretary's salary: 1£ per cent of gross receipts. 

Treasurer's bonds 

Secretary's bonds 

Date of examination by commissioner: Nov. 22. 



. $19,140 79 
3 

947 93 
236 

4 950 00 

. 13,746 97 

. 12,119 77 



2,000 00 
2,000 00 



HOLYOKE CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — HOLYOKE. 

Incorporated July 24, 1880. Commenced business Aug. 22, 1880. 

Capital to be accumulated, $1,000,000. 

"William Grover, President. Secretary, Frederick Druce. 

Joseph Metcalf, Treasurer. 

Statement. 



Liabilities. 



Assets. 



370 shares of stock, first se- 
ries, at $15.25 

200 shares of stock, second 
series, at $10.07 

142 shares of stock, third 
series, at $4 

Interest . 

Premium 

Fines 

Transfer 

Dues in advance 

Surplus . 

Forfeited share account 

Withdrawal profits 

Forfeiture profits 

Other liabilities . . 



$5,642 50 


2,014 00 


568 00 


128 50 


27 22 


16 22 


50 


10 00 


2 62 


2 90 


1 73 


1 75 


7 38 


$8,423 32 



Loans on real estate . 

Loans on shares 

Unpaid dues 

Balance of permanent ex- 
pense account . 

Balance of temporary ex- 
pense account . 

Cash on hand . • 



$3,600 00 

50 00 

187 00 

161 32 

47 00 
4,378 00 



$8,423 32 



Number of shares issued during the year . 
Number of shares now in force .... 
Number of shares now borrowed upon 
Amount of dues received during the year . . 
Highest premium received during the year . 
Lowest premium received during the year 
Fines for non-payment of dues .... 

Transfer fees 

Number of members withdrawn during the year 
Present number of members .... 
Present number of borrowers .... 
Present number of non-borrowers . . . 



367 

717 

25 



12 

120 

4 

116 



$7,415 00 

1 00 

10 

32 27 

50 



406 



BANK COMMISSIONERS' REPORT. [Jan. 



Amount of loans at date 

Number and amount of loans on real estate 

Number and amount of loans secured by first mortgage of 

real estate 

Number and amount of loans on shares .... 

Largest loan to any one member 

Smallest loan to any one member 

Largest number of shares held by any one member 

Amount of expenses of the corporation for previous year (not 

including interest) 

"Value of shares at last report 

Total value of unpledged shares (including unpaid dues) 

Number of shares forfeited during the year 

Amount of interest credited to shares during the year 

Number of shares withdrawn during the year . 

Geographical limit : Massachusetts. 

Amount of cash received during the year 

Amount of cash paid during the year .... 

Secretary's salary: $10 per month. 

Treasurer's bonds 

Secretary's bonds 

Date of examination by commissioner: Oct. 18. 



$3,650 00 



3 
1 



25 



83 



3,600 00 


3,600 00 


50 00 


2,000 00 


50 00 


115 00 


5,843 25 


7,895 00 



115 25 



7,783 21 
4,523 83 

3,000 00 
1,000 00 



HOMESTEAD CO-OPERATIVE SAVING-FUND AND LOAN ASSO- 
CIATION — BOSTON. 

Incorporated Sept. 11, 1877. Commenced business Sept. 12, 1877. 

Capital to be accumulated, $1,000,000. 

Joseph S. Ropes, President. Secretary, Daniel Eldkedge. 

Thomas Swadkins, Jun., Treasurer. 

Statement. 



Liabilities. 


Assets. 


84 shares of stock, first se- 




Loans on real estate . 


$53,750 00 


ries, at. $ 57.50 . 


$4,830 00 


Loans on shares . 


2,650 00 


232 shares of stock, second 




Unpaid dues 


1,140 00 


series, at $49.88 


11,572 16 


Balance of permanent ex- 




150 shares of stock, third 




pense account . 


300 00 


series, at $42.22 


6,333 00 


Balance of temporary ex- 




122 shares of stock, fourth 




pense account . 


83 34 


series, at $34.87 


4,254 14 


Cash on hand 


985 83 


340 shares of stock, fifth se- 








ries, at 327.79 . 


9,448 60 






226 shares of stock, sixth 








series, at $20.98 


5,580 68 






609 shares of stock, seventh 








series, at $14.43 


8,787 87 






809 shares of stock, eighth 








series, at $8.11 . 


6,560 99 






521 shares of stock, ninth 








series, at $2.00 . 


1,042 00 






Surplus 


20 43 






Forfeited share account 


13 98 






"Withdrawal profits 


59 21 






Other liabilities . 


406 11 








$58,909 17 


$58,909 17 



1882.] 



PUBLIC DOCUMENT — No. 8. 



40T 



Number of shares issued during the year . 
Number of shares now in force . 

Number of shares now borrowed upon 

Amount of dues received during the year .... 

Highest premium received during the year .... 
Lowest premium received during the year .... 
Fine for non-payment of dues : 2 per cent per month. 

Transfer fee . , 

Number of members withdrawn during the year 

Present number of members 

Present number of borrowers 

Present number of non-borrowers ...... 

Amount of loans at date . 

Number and amount of loans on real estate .... 
Number and amount of loans secured by first mortgage of 

real estate 

Number and amount of loans secured by other mortgage of 

real estate . . . 

Number and amount of loans on shares ...«,. 
Largest loan to any one member ...... 

Smallest loan to any one member ...... 

Largest number of shares held by any one member 

Amount of expenses of the corporation for previous year (not 

including interest) * 
Yalue of shares at last report . 

Total value of unpledged shares' (including unpaid dues) 
Number of shares forfeited during the year 
Amount of interest credited to shares during the year 
Number of shares withdrawn during the year . 
Number and amount of loans repaid during the year 
Geographical limit : Massachusetts. 
Amount of cash received during the year 
Amount of cash paid during the year 
Secretary's salary .... 
Treasurer's salary .... 
Treasurer's bonds .... 
Secretary's bonds .... 
Date of examination by commissioners : July 27. 

* For year ending Aug. 31. 



1,597 

3,133 

416 



179 

600 

66 

534 



796 
21 



$32,385 00 

1 00 

05 

25 



. 56,400 00 
49 53,750 00 

48 52,550 00 



1 


1,200 00 


17 


2,650 00 


• 


2,600 00 


• 

25 


50 00 


e 


1,035 22 




34,966 72 


• 


47,203 47 


18 




• 


2,845 22 



11,350 00 

47,617 37 

50,495 64 

500 00 

25 00 

1,000 00 

3,000 00 



408 



BANK COMMISSIONERS' REPORT. [Jan. 



MECHANICS' CO-OPERATIVE SAVING-FUND AND LOAN ASSO- 
CIATION — TAUNTON. 

Incorporated Sept. 14, 1877. Commenced business Sept. 17, 1877. 

Capital to be accumulated, $1,000,000. 

Elijah Tolman, President. Secretary, Edward S. Hersey. 

Charles L. Loverestg, Treasurer. 

Statement. 



Liabilities. 



Assets. 



232 shares of stock, first se- 
ries, at $54.56 . 

378 shares of stock, second 
series, at $47.42 

397 shares of stock, third 
series, at $35.84 

678 shares of stock, fourth 
series, at $ 22.60 

1,380 shares of stock, fifth 
series, at $10.12 

Advance payments 

Interest (profit since July 1), 

Premium (profit since J uly 1), 

Fines . 

Surplus 

Forfeited share account 

Other liabilities . 



$12,657 92 


17,924 76 


14,228 48 


15,322 80 


13,965 60 


771 87 


1,496 00 


202 63 


62 37 


26 55 


5 94 


142 38 


$76,807 30 



Loans on real estate . 

Loans on shares . 

Unpaid dues 

Balance of permanent ex- 
pense account . 

Balance of temporary ex- 
pense account . 

Unpaid interest . 

Unpaid premium 

Unpaid fines 

Other assets 

Cash on hand 



18,271 00 


5,750 00 


375 60 


289 84 


98 88 


93 83 


14 62 


12 04 


45 44 


1,856 05 



$76,807 30 



Number of shares issued during the year . 
Number of shares now in force . 
Number of shares now borrowed upon 
Amount of dues received during the year 
Highest premium received during the year 
Lowest premium received during the year 
Fines for non-payment of dues . 

Transfer fees 

Number of members withdrawn during the year 

Present number of members . 

Present number of borrowers . 

Present number of non-borrowers 

Amount of loans at date .... 

.Number and amount of loans on real estate 

Number and amount of loans secured by first mortgage of 

real estate 

Number and amount of loans on shares . 

Largest loan to any one member 

Smallest loan to any one member 

Largest number of shares held by any one member 

Amount of expenses of the corporation for previous year (not 

including interest) 

Value of shares at last report: first series, $40.89; second 

series, $34; third series, $22.82; fourth series, $10.05. 



1.500 

3,065 

710 



144 

481 
105 

376 



77 

77 
40 



25 



7,655 45 


35 


05 


152 92 


6 25 



74,021 00 
68,271 00 

68,271 00 

5,750 00 

3,700 00 

25 00 



480 95 



. 



1882.] 



PUBLIC DOCUMENT — No. 8. 



409 



Total value of unpledged shares (including unpaid dues) 

Number of shares forfeited during the year 

Amount of interest credited to shares during the year . 

Number of shares withdrawn during the year . 

Number and amount of loans repaid during the year 

Geographical limit : Massachusetts. 

Amount of cash received during the year . 

Amount of cash paid during the year .... 

Secretary's salary ........ 

Treasurer's bonds ........ 

Secretary's bonds 

Date of examination by commissioner : Sept. 9. 



1,130 
, 49 



155,447 52 

4,757 51 

26,200 00 

62,245 41 

60,389 36 

240 00 

5,000 00 

1,000 00 



NEW BEDFORD CO-OPERATIVE SAYING-FUND AND LOAN ASSO- 
CIATION—NEW BEDFORD. 

Incorporated July 8, 1881. Commenced business Aug. 19, 1881. 

Capital to be accumulated, $1,000,000. 

Isaac W. Benjamin, President. Secretary, Charles R. Price. 

Gideon B. Wright, Treasurer. 

Statement. 



Liabilities. 



ASSETS* 



826 shares of stock, first se 

ries, at $3 
Interest account . 
Premium account 
Fines account 
Transfer fee account 
Advance dues 



$2,478 00 

10 34 

1 79 

20 36 

25 

285 00 


$2,795 74 



Loans on real estate . 

Unpaid dues 

Balance of permanent ex- 
pense account . 

Balance of temporary ex- 
pense account . 

Cash on hand 



$2,600 00 
57 00 

68 24 

5 79 
64 71 



$2,795 74 



Number of shares issued during the year . 

Number of shares now in force ..... 

Number of shares now borrowed upon 

Amount of dues received during the year . 

Highest premium received during the year 

Lowest premium received during the year 

Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year 
Present number of members . . . . 
Present number of borrowers .... 
Present number of non-borrowers . . • 

Amount of loans at date 

Number and amount of loans on real estate 

Number and amount of loans secured by first mortgage of 

real estate • • 



826 




826 




15 




• 


$2,706 00 


• 


30 


9 


15 


• 


25 


1 




137 




5 




132 




• 


2,600 00 


5 


2,600 00 



2,600 00 



52 



410 



BANK COMMISSIONERS' REPORT. [Jan. 



Largest loan to any one member . 

Smallest loan to any one member . . . 

Largest number of shares held by any one member 

Total value of unpledged shares (including unpaid dues) 

Number and amount of loans repaid during the year 

Geographical limit : Massachusetts. 

Amount of cash received during the year . 

Amount of cash paid during the year 

Secretary's salary for current six months . 

Treasurer's salary for current six months 

Treasurer's bond3 

Secretary's bonds 

Date of examination by commissioner: Sept. 19. 



25 
1 



$800 00 


300 00 


2,433 00 


347 00 


2,738 74 


2,674 03 


100 00 


25 00 


2,000 00 


1,000 00 



PIONEER CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION—BOSTON. 

Incorporated July 26, 1877. Commenced business Aug. 6, 1877. 

Capital to be accumulated, $1,000,000. 

Josiah Quincv, President. Secretary, Daniel Eldredge. 

A. J. Mercer, Treasurer. 

Statement. 



Liabilities. 



706 shares of stock, first se 

ries, at $59.53 . 
313 shares of stock, second 

series, at $49.02 
194 shares of stock, third se 

ries, at $33.99 . 
640 shares of stock, fourtl 

series, at $20.03 
634 shares of stock, fifth se 

ries, at $13.45 . 
1,038 shares of stock, sixth 

series, at $7.11 . 
512 shares of stock, seventl 

series, at SI 
Surplus .... 
Forfeited share account 
Withdrawal profits 
Other liabilities . 



Assets. 



$42,028 18 


15,343 26 


6,594 06 


12,819 20 


8,527 30 


7,380 18 


512 00 

338 05 

10 64 

26 31 

25 


$93,579 43 



Loans on real estate . 

Loans on shares . 

Unpaid dues 

Balance of permanent ex- 
pense account . 

Balance of temporary ex- 
pense account . 

Other assets 

Cash on hand 



$75,900 00 
5,050 00 
1,311 00 

250 00 

66 67 

126 79 

10,874 97 



$93,579 43 



Number of shares issued during the year . 

Number of shares now in force 

Number of shares now borrowed upon 

Amount of dues received during the year 

Highest premium received during the year 

Lowest premium received during the year 

Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year 

Present number of members 

Present number of borrowers . . 
Present number of non-borrowers . 



1,913 
4,037 
595 



$40,444 00 

1 00 

05 

25 



161 

794 

96 

69$ 






1882.] 



PUBLIC DOCUMENT — No. 8. 



411 



Amount of loans at date $80,950 00 

Number and amount of loans on real estate .... 64 75,900 00 
Number and amount of loans secured by first mortgage of 

real estate 62 73,900 00 

Number and amount of loans secured by other mortgage of 

real estate 2 2,000 00 

Number and amount of loans on shares 32 5,050 00 

Largest loan to any one member , . 5,000 00 

Smallest loan to any one member 50 00 

Largest number of shares held by any one member . . 25 

Amount of expenses of the corporation for previous year (not 

including interest) * 1,677 67 

Value of shares at last report . . 62,834 30 

Total value of unpledged shares (including unpaid dues) . . 75,484 11 

Number of shares forfeited during the year . . . .3 

Amount of interest credited to shares during the year* . . . 5,244 74 

Number of shares withdrawn during the year .... 700 

Number and amount of loans repaid during the year . . 40 42,850 00 

Geographical limit : Massachusetts. 

Amount of cash received during the year . . . . 89,714 36 

Amount of cash paid during the year 81,693 80 

Secretary's salary 800 00 

Treasurer's salary 25 00 

Treasurer's bonds 3,000 00 

Secretary's bonds 3,000 00 

Date of examination by commissioner : July 27. 

* For year ending Sept. 30. 



SECURITY CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — BROCKTON. 

Incorporated Dec. 17, 1877. Commenced business Dec. 17, 1877. 

Capital to be accumulated, $1,000,000. 

H. H. Packard, President. Secretary, F. B. Washburn. 

C. D. Fctllerton, Treasurer. 

Statement. 



Liabilities. 


Assets. 


475 shares of stock, first se- 




Loans on real estate . 


$42,805 00 


ries, at $50.93 . 


$24,191 75 


Loans on shares . 


875 00 


123 shares of stock, second 




Unpaid dues 


288 00 


series at $30.08 . 


4,511 64 


Balance of permanent ex- 




323 shares of stock, third 




pense account . 


286 78 


series at $23.42 . 


7,564 66 


Balance of temporary ex- 




681 shares of stock, fourth 




pense account . 


341 60 


series at $11 


7,491 00 


Cash on hand 


5,279 64 


Surplus 


502 57 






Forfeited share account 


2 90 






Withdrawal profits 


131 30 






Interest on dues paid in ad- 








vance ..... 


92 76 






Other liabilities . 


5,387 44 








$49,876 02 


$49,876 02 



412 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of shares issued during the year ..... 674 
Number of shares now in force ...... 1,602 

Number of shares now borrowed upon 290 

Amount of dues received daring the year 

Highest premium received during the year 

Lowest premium received during the year 

Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year ... 64 

Present number of members . 324 

Present number of borrowers 53 

Present number of non-borrowers . . . . . . 271 

Amount of loans at date 

Number and amount of loans on real estate .... 46 
Number and amount of loans secured by first mortgage of 

real estate 46 

Number and amount of loans on shares 7 

Largest loan to any one member 

Smallest loan to any one member 



$18,130 00 
50 
10 

25 



Largest number of shares held by any one member 

Amount of expenses of the corporation for previous year (not 

including interest) 

Value of shares at last report: first series, $36.76; second 

series, $23.42; third series, $11. 
Total value of unpledged shares (including unpaid dues) 
Amount of interest credited to shares during the year 
Number of shares withdrawn during the year . 
Number and amount of loans repaid during the year 
Geographical limit: Provincetown and Newton. 
Amount of cash received during the year 
Amount of cash paid during the year 
Secretary's salary 
Treasurer's salary 
Security Committee, each . 
Treasurer's bonds . 
Secretary's bonds 
Date of examination by commissioner: Aug. 31. 



25 



43,680 00 
42,805 00 

42,805 00 

875 00 

3,000 00 

50 00 



388 57 



• 


35,887 70 


• 


1,611 00 


386 




12 


10,016 00 




37,720 26 




33,720 30 




250 00 




25 00 




25 00 




5,000 00 




2,500 00 






1882.] 



PUBLIC DOCUMENT — No. 8. 



413 



SOMERVILLE CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — SOMERVILLE. 

Incorporated May 4, 1880. Commenced business June 7, 1880. 

Capital to be accumulated, $1,000,000. 

Charles S. Lincoln, President. Secretary, George I. Vincent. 

"William H. Brine, Treasurer. 

Statement. 



Liabilities. 


Assets. 


215 shares of stock, first se- 




Loans on real estate . 


$7,800 00 


ries, at $17.52 . 


$3,766 80 


Loans on shares . 


50 00 


307 shares of stock, second 




Unpaid dues 


162 00 


series, at $11.23 


3,447 61 


Balance of permanent ex- 




172 shares of stock, third se- 




pense account . 


177 56 


ries, at $7.11 


1,222 92 


Balance of temporary ex- 




34 shares of stock, fourth 




pense account . 


8 33 


series, at $1 


34 00 


Interest and premium 




Interest account . 


36 75 


charged to shareholder . 


5 31 


Premium account 


3 82 


Cash on hand . 


586 31 


Fines account 


7 68 






Advance payments 


254 00 






Surplus 


1 81 






Forfeited share account 


2 01 






Interest on dues paid in ad- 








vance 


12 11 








$8,789 51 


$8,789 51 



Number of shares issued during the year 559 

Number of shares now in force 728 

Number of shares now borrowed upon 48 

Amount of dues received during the year $7,804 00 

Highest premium received during the year 35 

Lowest premium received during the year 05 

Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 25 

Number of members withdrawn during the year ... 30 

Present number of members 174 

Present number of borrowers 7 

Present number of non-borrowers '. 167 

Amount of loans at date 7,850 00 

Number and amount of loans on real estate .... 13 7,800 00 
Number and amount of loans secured by first mortgage of 

real estate . 13 7,800 00 

Number and amount of loans on shares 1 50 00 

Largest loan to any one member ....... 2,600 00 

Smallest loan to any one member 50 00 

Largest number of shares held by any one member . . 25 

Amount of expenses of the corporation for previous year (not 

including interest) 137 11 

Value of shares at last report 1,305 00 

Total value of unpledged shares (including unpaid dues) . . 7,914 00 






414 



BANK COMMISSIONERS' REPORT. [Jan. 



Number of shares forfeited during the year 
Amount of profit credited to shares during the year 
Number of shares withdrawn during the year . 
Number and amount of loans repaid during the year 
Geographical limit : Massachusetts. 
Amount of cash received during the year 
Amount of cash paid during the year 

Secretary's salary 

Treasurer's bonds 

Secretary's bonds 

Date of examination by commissioner: Sept. 30. 



92 
1 



$215 33 

900 00 

9,041 90 
8,455 59 
100 00 
1.000 00 
1,000 00 



TAUNTON CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — TAUNTON. 

Incorporated March 2, 1880. Commenced business March 17, 1880. 

Capital to be accumulated, $1,000,000. 

Henry M. Lovering, President. Secretary, Herbert O. Morse. 

Charles Foster, Treasurer. 

Statement. 



Liabilities. 


Assets. 


2,304 shares of stock, first 

series, at $20.54 
665 shares of stock, second 

series, at $6 

Surplus 

Forfeited share account 
Dues paid in advance . 


$47,324 16 

3,990 00 

1,561 33 

17 30 

439 75 


Loans on real estate . 

Loans on shares . 

Unpaid dues 

Balance of permanent ex- 
pense account . 

Balance of temporary ex- 
pense account . 

Cash on hand 


$51,650 00 
600 00 
656 93 

178 84 

205 62 
41 15 




$53,332 54 


$53,332 54 



Number of shares issued during the year 680 

Number of shares now in force 2,969 

Number of shares now borrowed upon ..... 264 

Amount of dues received during the year $34,067 00 

Highest premium received during the year 20 

Lowest premium received during the year 05 

Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 25 

Number of members withdrawn during the year ... 96 

Present number of members 480 

Present number of borrowers 44 

Present number of non-borrowers 436 

Amount of loans at date 52.250 00 

Number and amount of loans on real estate .... 37 51,650 00 
Number and amount of loans secured by first mortgage of 

real estate 37 51,650 00 

Number and amount of loans on shares 7 600 00 



1882.] 



PUBLIC DOCUMENT — No. 8. 



415 



Largest loan to any one member $4,000 00 

Smallest loan to any one member 50 00 

Largest number of shares held by any one member. . . 25 
Amount of expenses of the corporation for previous year (not 

including interest) 419 63 

Value of shares at last report . 20,886 80 

Total value of unpledged shares (including unpaid dues) . . 47,235 60 

Number of shares forfeited during the year .... 7 

Amount of interest credited to shares during the year . . . 1,153 22 

Number of shares withdrawn during the year . . . . 296 

Number and amount of loans repaid during the year . . 6 7,700 00 

Geographical limit: Massachusetts. 

Amount of cash received during the year 36,789 03 

Amount of cash paid during the year ...... 37,435 78 

Secretary's salary 300 00 

Treasurer's salary 50 00 

Treasurer's bonds 3,000 00 

Secretary's bonds .......... 3,000 00 

Date of examination by commissioner: Sept. 9. 



TROY CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATION — 

FALL RIVER. 

Incorporated July 10, 1880. Commenced business July 20, 1880. 

Capital to be accumulated, $1,000,000. 

Spencer Borden, President. Secretary, C. C. Rounseville. 

Henry T. Buffington, Treasurer. 

Statement. 



Liabilities. 


Assets. 


539 shares of stock, first se- 




Loans on real estate . 


$22,500 00 


ries, at $16.71 . 


$9,006 69 


Loans on shares . 


50 00 


670 shares of stock, second 




Unpaid dues 


272 00 


series, at $13.48 . 


9,031 60 


Balance of permanent ex- 




543 shares of stock, third se- 




pense account . 


107 49 


ries, at $7.15 


3,882 45 


Other assets 


32 41 


500 shares of stock, fourth 




Cash on hand 


550 65 


series, at SI . . " . 


500 00 






Forfeited share account 


41 52 






Other liabilities . 


1,050 29 








$23,512 55 


$23,512 55 



Number of shares issued during the year . 
Number of shares now in force . 
Number of shares now borrowed upon . 
Amount of dues received during the year . 
Highest premium received during the year 
Lowest premium received during the year 
Fine for non-payment of dues: 2 per cent per month. 
Transfer fee 



1,536 

2,252 
. 134 



$19,655 00 
62 
10 

25 



416 



BANK COMMISSIONERS' REPORT. [Jan. 



Number of members withdrawn during the year ... 25 

Present number of members 434 

Present number of borrowers .21 

Present number of non-borrowers 413 

Amount of loans at date , . , , $22,550 00 

Number and amount of loans on real estate .... 20 22,500 00 
Number and amount of loans secured by first mortgage of 

real estate 20 22,500 00 

Number and amount of loans on shares ..... 1 50 00 

Largest loan to any one member 3,300 00 

Smallest loan to any one member 50 00 

Largest numbers of shares held by any one member . . 25 
Amount of expenses of the corporation for previous year (not 

including interest) 308 09 

Value of shares at last report 2,628 68 

Total value of unpledged shares (including unpaid dues) . . 20,811 28 

Number of shares forfeited during the year .... 22 

Amount of interest credited to shares during the year . . . 794 22 

Number of shares withdrawn during the year .... 149 

Number and amount of loans repaid during the year . . 3 1,440 00 

Geographical limit: no limit. 

Amount of cash received during the year 23,022 72 

Amount of cash paid during the year 23,360 17 

Secretary's salary 180 00 

Treasurer's bonds 2,000 00 

Secretary's bonds 2,000 00 

Date of examination by commissioner: Nov. 17. 



WALTHAM CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — WALTHAM. 

Incorporated Oct. 13, 1880. Commenced business Oct. 21, 1880. 

Capital to be accumulated, $1,000,000. 

Manley TJ. Adams, President. Secretary, Daniel F. Viles. 

G. Frank Fkost, Treasurer. 

Statement. 



Liabilities. 


Assets. 


2,054 shares of stock, first 

series, at $13.45 
969 shares of stock, second 

series, at $7.12 . 
342 shares of stock, third 

series, at $1 
Dues paid iu advance . 

Surplus 

Other liabilities . 


$27,626 30 

6,899 28 

342 00 

205 00 

204 06 

39 17 


Loans on real estate . 
Loans on shares . 
Unpaid dues 

Balance of permanent ex- 
pense account . 
Other assets 
Cash on hand 


$31,750 00 
100 00 
298 00 

281 78 

8 88 

2,877 15 




$35,315 81 


$35,315 81 



Number of shares issued during the year 
Number of shares now in force . 
Number of shares now borrowed upon. 



1,509 
3,365 

, 174 



1882.] 



PUBLIC DOCUMENT — No. 8. 



417 



Amount of dues received during the year . 
Highest premium received during the year 
Lowest premium received during the year 
Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year 

Present number of members 

Present number of borrowers ..... 
Present number of non-borrowers .... 

Amount of loans at date 

Number and amount of loans on real estate 

Number and amount of loans secured by first mortgage of 

real estate 

Number and amount of loans secured by other mortgage of 

real estate (in all cases they hold the first also) 
Number and amount of loans on shares . 
Largest loan to any one member 
Smallest loan to any one member 
Largest number of shares held by any one member 
Amount of expenses of the corporation for previous year (not 

including interest, and including expense of organization) 
Value of shares at last report (Oct. 1, 1881) : first series, $12.45 

second series, $6.12. 
Total value of unpledged shares (including unpaid dues) 
Amount of interest credited to shares during the year 
Number of shares withdrawn during the year . 
Number and amount of loans repaid during the year 
Geographical limit: Massachusetts. 
Amount of cash received during the year 
Amount of cash paid during the year 
Secretary's salary .... 
Treasurer's bonds .... 
Secretary's bonds .... 

Date of visitation by commissioner : Nov. 29. 



53 

474 

26 

448 



31 

24 

7 
2 



25 



406 



$34,679 00 
50 
05 

25 



31,850 00 
31,750 00 

26,350 00 



5,400 00 

100 00 

3,500 00 

50 00 



574 07 



32,952 03 
1,040 58 

4,950 00 

• 

41,229 36 

40,684 21 

200 00 

1,000 00 

3,000 00 



WEST ROXBURY CO-OPERATIVE SAVING-FUND AND LOAN ASSO- 
CIATION — BOSTON. 

Incorporated Feb. 1, 1881. Commenced business March, 1881. 

Capital to be accumulated, $1,000,000. 

John Pearce, President. Secretary, Theodore B. Moses. 

Daniel A. Brown, Treasurer. 

Statement. 



Liabilities. 


Assets. 


264 shares of stock, first se- 
ries, at $8.32 

188 shares of stock, second 
series, at .$2.08 . 


$2,196 48 
391 04 


Loans on real estate . 
Unpaid dues 

Balance of permanent ex- 
pense account . 
Balance of temporary ex- 
pense account . 


$2,400 00 
84 00 

22 55 

80 97 




$2,587 52 


$2,587 52 



53 



418 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of shares issued during the year . 
Number of shares now in force . 
Number of shares now borrowed upon 
Amount of dues received during the year 
Highest premium received during the year 
Lowest premium received during the year 
Fines for non-payment of dues . 
Number of members withdrawn during the year 
Present number of members 
Present number of borrowers . 
Present number of non-borrowers 
Amount of loans at date .... 
Number and amount of loans on real estate 
Number and amount of loans secured by fir 

real estate 

Largest loan to any one member 

Smallest loan to any one member 

Largest number of shares held by any one member 

Amount of interest credited to shares during the year 

Number of shares withdrawn during the year . 

Geographical limit : Massachusetts. 

Amount of cash received during the year 

Treasurer's bonds 

Secretary's bonds 

Date of examination by commissioner: Dec. 24. 



t mortgage of 



469 

452 

12 



3 

109 
3 

106 



20 



17 



$2,425 00 

50 

05 

11 00 



2,400 00 
2,400 00 

2,400 00 

1,500 00 

400 00 

48 00 



2,498 87 
1,000 00 
1,000 00 



WORCESTER CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — WORCESTER. 

Incorporated Oct. 10, 1877. Commenced business October, 1877. 

Capital to be accumulated, §1,000,000. 

D. S. Goddard, President. Secretary, T. J. Hastings. 

T. M. Lamb, Treasurer. 

Statement. 



Liabilities. 


Assets. 


402 shares of stock, first se- 




Loans on real estate . 


§53,700 00 


ries, at f55.28 . 


§22,222 56 


Loans on shares . 


1,740 00 


237 shares of stock, second 




Unpaid dues 


491 00 


series, at $40.51 


9,600 87 


Balance of temporary ex- 




427 shares of stock, third se- 




pense account . 


152 37 


ries, at §26.57 . 


11,345 39 


Safe 


50 00 


936 shares of stock, fourth 




Balance of permanent ex- 




series, at §13.39 


12,533 04 


pense account . 


284 13 


635 shares of stock, fifth se- 




Suspense account 


471 62 


ries, at §1 . 


635 00 


Cash on hand 


2,293 03 


Dues paid in advance . 


2,541 00 






Interest account . 


260 05 






Premium account 


24 64 






Fines account 


11 61 






Transfer fee account . 


25 






Forfeited share account 


7 74 






— — — 1 


§59,182 15 


§59,182 15 






1882.] 



PUBLIC DOCUMENT— No. 8. 



419 



1,205 
2,637 

. 385 



Number of shares issued during the year . 

Number of shares now in force . 

Number of shares now borrowed upon M^ 

Amount of dues received during the year 

Highest premium received during the year: -^pg per cent per 

month. 
Lowest premium received during the year: -nhj- per cent per 

month. 
Fine for non-payment of dues : 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year ... 62 

Present number of members 479 

Present number of borrowers .68 

Present number of non-borrowers ...... 411 

Amount of loans at date 

Number and amount of loans on real estate . . ... 56 
Number and amount of loans secured by first mortgage of 

J/Ccil v7o LCI I VT' •••••••••• 

Number and amount of loans secured by other mortgage of 
real estate 

Number and amount of loans on shares ..... 

Largest loan to any one member . 

Smallest loan to any one member 

Largest number of shares held by any one member ... 25 

Amount of expenses of the corporation for previous year (not 
including interest) 

Value of shares at last report: first series, $54.28; second se- 
ries, $39.51; third series, $25.57; fourth series, $12.39. 

Total value of unpledged shares (including unpaid dues) 

Number of shares forfeited during the year 

Amount of interest credited to shares during the year 

Number of shares withdrawn during the year . 

Number and amount of loans repaid during the year 

Geographical limit : Massachusetts. 

Amount of cash received during the year 

Amount of cash paid during the year 

Secretary's salary .... 

Treasurer's salary .... 

Treasurer's bonds .... 

Secretary's bonds .... 

Date of examination by commissioner : Sept. 13. 



$26,938 00 



25 



55,440 00 
53,700 00 



45 47,950 00 



11 
25 



5,750 00 

1,740 00 

3,600 00 

25 00 



697 00 



318 
16 



45,562 60 


2,517 46 


8,430 00 


38,373 45 


38,273 80 


350 00 


100 00 


2,500 00 


500 00 



420 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORKINGMEN'S CO-OPERATIVE SAYING-FUND AND LOAN ASSO- 
CIATION — BOSTON. 

Incorporated June 9, 1880. Commenced business June 11, 1880. 

Capital to be accumulated, 31,000,000. 

Robert Treat Paine, Jun., President. Secretary, Daniel, Eldredge. 

Charles W. Dexter, Treasurer. 

Statement. 



Liabilities. 


Assets. 


611 shares of stock, first se- 




Loans on real estate . 


$14,600 00 


ries, at $17.36 . 


$10,606 96 


Loans on shares . 


50 00 


501 shares of stock, second 




Unpaid dues 


801 00 


series, at $11.09 


5,589 36 


Balance of permanent ex- 




459 shares of stock, third se- 




pense account . 


240 00 


ries, at $5 . 


2,295 00 


Balance of temporary ex- 




Surplus 


12 86 


pense account . 


9 23 


Forfeited share account 


4 06 


Cash on hand 


3,323 78 


Withdrawal profits 


9 81 


• 




Other liabilities . 


505 96 


i 






$19,024 01 


$19,024 01 



Number of shares issued during the year .... 

Number of shares now in force 

Number of shares now borrowed upon .... 

Amount of dues received during the year 

Highest premium received during the year (for one month on 

Lowest premium received during the year 

Fine for non-payment of dues: 2 per cent per month. 

Transfer fee 

Number of members withdrawn during the year 

Present number of members 

Present number of borrowers . . , . 

Present number of non-borrowers 

Amount of loans at date 

Number and amount of loans on real estate 

Number and amount of loans secured by first mortgage of 

real estate 

Number and amount of loans on shares .... 

Largest loan to any one member 

Smallest loan to any one member 

Largest number of shares held by any one member 

Amount of expenses of the corporation for previous year (not 

including interest) * 

Value of shares at last report 

Total value of unpledged shares (including unpaid dues) 
Number of shares forfeited during the year 
Amount of interest credited to shares during the year * . 
Number of shares withdrawn during the year . 
Number and amount of loans repaid during the year 

* For year ending May 81, 



1,134 

1,574 

83 

iy) ' 



78 

284 

12 

272 

• 

11 

11 
1 



25 



12 

361 
4 



$16,339 00 

1 10 

05 

25 



14,650 00 
14,600 00 



14,600 00 

50 00 

2,700 00 

50 00 



2S3 12 

4,065 00 

17,564 54 

314 19 

4,000 00 






1882.] PUBLIC DOCUMENT — No. 8. 421 

Geographical limit: Massachusetts. 

Amount of cash received during the year $21,310 80 

Amount of cash paid during the year 18,058 94 

Secretary's salary 150 00 

Treasurer's bonds 1,000 00 

Secretary's bonds 1,000 00 

Date of examination by commissioner : July 27. 



INDEX. 



INDEX TO THE ANNUAL REPORTS. 



SAVINGS BANKS. 



LOCATION. 

Abington 
Adams 
Amherst . 
Andover . 
Arlington 
Athol 
Barnstable 
Barre 
Beverly . 



Boston 



Bridgewater . 
Brockton 

Brookfield 
Brookline 

Cambridge 



CORPORATE NAME. PAGE. 

Abington Savings Bank 2 

South Adams Savings Bank ..... 284 

Amherst Savings Bank ...... 4 

Andover Savings Bank ...... 6 

Arlington Five Cents Savings Bank 9 

Athol Savings Bank ....... 11 

Barnstable Savings Bank 375 

Barre Savings Bank 14 

Beverly Savings Bank . . . . . . 22 

Boston Five Cents Savings Bank .... 24 

Boston Penny Savings Bank 27 

Brighton Five Cents Savings Bank ... 33 

Charlestown Five Cents Savings Bank ... 58 

Dorchester Savings Bank . . . . 376 

East Boston Savings Bank . . . . . 84 

Eliot Five Cents Savings Bank .... 95 

Emigrant Savings Bank ...... 98 

Franklin Savings Bank ...... 116 

Home Savings Bank . » . . . . . . 150 

Institution for Savings in Roxbury and its Vi- 
cinity ......... 160 

Mechanics' Savings Bank ..... 379 

Mercantile Institution for Savings .... 379 

North End Savings Bank 246 

Provident Institution for Savings in the Town of 

Boston 261 

South Boston Savings Bank 289 

Suffolk Savings Bank for Seamen and Others . 308 
Union Institution for Savings in the City of 

Boston 314 

Warren Institution for Savings .... 333 

West Boston Savings Bank . . . • . . 386 

Bridgewater Savings Bank ..... 31 

North Bridgewater Savings Bank .... 381 

Brockton Savings Bank 40 

Brookfield Savings Bank 41 

Brookline Savings Bank ...... 42 

Cambridge Savings Bank 46 

Cambridgeport Savings Bank . .... 44 

East Cambridge Five Cents Savings Bank . . 88 

North Avenue Savings Bank 240 



54 



426 



INDEX. 



[Jan. 



LOCATION. 

Canton . 
Chelsea . 
Chicopee Falls 
Chicopee 
Clinton . . 
Cohasset . 
Concord . 
Danvers . 
Dedham . 
East Bridgewater 
Easthampton 
Easton . 
East Weymouth 
Fairhaven 

Fall River 



Fitchburg 

Florence . 
Foxborough 
Frarningham 
Franklin 
Gardner . 
G eorgetown 
Gloucester 
Grafton . 
Great Barrington 

Greenfield 

Grovel and 
Harwich . 

Haverhill 

Haydenville 

Hingham 

Holliston 

Holyoke . 

Hopkinton 
Hudson . 
Hyaunis . 
Hyde Park 
Ipswich . 
Lancaster 

Lawrence 

Lee . 
Leicester 
Leominster 
Lexington 

Lowell . 



r 



i 



CORPORATE NAME. 

Canton Institution for Savings 

Chelsea Savings Bank . 

Chicopee Falls Savings Bank 

Chicopee Savings Bank 

Clinton Savings Bank . 

Cohasset Savings Bank 

Middlesex Institution for Savings 

Danvers Savings Bank 

Dedham Institution for Savings 

East Bridgewater Savings Bank 

Easthampton Savings Bank 

North Easton Savings Bank 

East Weymouth Savings Bank . 

Fairhaven Institution for Savings 

Citizens' Savings Bank 

Fall River Five Cents Savings Bank 

Fall River Savings Bank 

Union Savings Bank 

Fitchburg Savings Bank 

Worcester North Savings Institution 

Florence Savings Bank 

Foxboi*ough Savings Bank . 

Frarningham Savings Bank 

Benjamin Franklin Savings Bank 

Gardner Savings Bank 

Georgetown Savings Bank . 

Cape Ann Savings Bank 

Graftoi> Savings Bank . 

Great Barrington Savings Bank 

Franklin Savings Institution 

Greenfield Savings Bank 

Grovel and Savings Bank 

Cape Cod Five Cents Savings Bank 

Haverhill Savings Bank 

City Five Ceuts Savings Bank . 

Haydenville Savings Bank . 

Hingham Institution for Savings 

Holliston Savings Bank 

Holyoke Savings Bank 

Mechanics' Savings Bank . 

Hopkinton Savings Bank . 

Hudson Savings Bank . 

Hyaunis Savings Bank 

Hyde Park Savings Bank . 

Ipswich Savings Bank . 

Lancaster Savings Bank . . 

Broadway Savings Bank 

Essex Savings Bank 

Lawrence Savings Bank 

Lee Savings Bank 

Leicester Savings Bank 

Leominster Savings Bank . 

Lexington Savings Bank 

Central Savings Bank . 

City Institution for Savings 

Lowell Five Cents Savings Bank 



PAGE. 

49 

60 

63 

65 

74 

76 

209 

80 

82 

86 

91 

244 

93 

102 

67 

104 

106 

316 

108 

366 

110 

111 

113 

18 

121 

123 

51 

125 

127 

118 

129 

131 

54 

137 

69 

140 

142 

145 

147 

192 

154 

156 

376 

158 

165 

377 

38 

99 

167 

169 

171 

173 

378 

56 

71 

175 






1882.] 



PUBLIC DOCUMENT — No. 8. 



427 



LOCATION. 

Lowell . 

Lynn 

Maiden . 
Marblehead 
Marlborough 
Medford . 
Medway . 
Melrose . 
Merrimac 
Middleboroug 
Milford . 
Milbury . 
Mon son . 
Nantucket 
Natick . 
Needham 

New Bedford 

Newburyport 

Newton . 
North Adams 



Northampton 

North Attleborough 
North Brookfield 
Orange . 
Palmer . 
Peabody . 
Pittsfield 

Plymouth 

Provincetown 
Quincy . 
Randolph 
Reading . 
Rockland 
Rockport 

Salem 
Salisbury 

Sandwich 
Scituate . 
Shelburne Falls 
South Braintree 
Southbrid-ge . 
South Scituate 
South Weymouth 
South Yarmouth 
Spencer . 



•{ 



•I 



•! 



CORPORATE NAME. 

Lowell Institution for Savings 

Mechanics' Savings Bank . 

Merrimack River Savings Bank 

Lynn Five Cents Savings Bank 

Lynn Institution for Savings 

Maiden Savings Bank . 

Marblehead Savings Bank . 

Marlborough Savings Bank 

Medford Savings Bank 

Medway Savings Bank 

Melrose Savings Bank . 

Merrimac Savings Bank 

Middleborough Savings Bank 

Milford Savings Bank . 

Milbury Savings Bank 

Monson Savings Bank . 

Nantucket Institution for Savings 

Natick Five Cents Savings Bank 

Needham Savings Bank 

New Bedford Five Cents Savings Bank 

New Bedford Institution for Savings 

Institution for Savings in Newburyport and its 

Vicinity 

Newburyport Five Cents Savings Bank 

Newton Savings Bank . 

Hoosac Savings Bank . 

North Adams Savings Bank 

Hampshire Savings Bank . 

Northampton Institution for Savings 

Attleborough Savings Bank 

North Brookfield Savings Bank . 

Orange Savings Bank . 

Palmer Savings Bank . 

Warren Five Cents Savings Bank 

Berkshire County Savings Bank 

Plymouth Five Cents Savings Bank 

Plymouth Savings Bank 

Seamen's Savings Bank 

Quincy Savings Bank . 

Randolph Savings Bank 

Reading Savings Bank 

Rockland Savings Bank 

Rockport Savings Bank 

Salem Five Cents Savings Bank 

Salem Savings Bank 

Provident Institution for Savings 

of Salisbury and Amesbury . 
Sandwich Savings Bank 
Scituate Savings Bank 
Shelburne Falls Savings Bank . 
Braintree Savings Bank 
Southbridge Savings Bank . 
South Scituate Savings Bank 
South Weymouth Savings Bank 
Bass River Savings Bank . 
Spencer Savings Bank . 



in the Towns 



PAGE. 

177 
194 
205 
179 
182 
185 
188 
190 
197 
199 
201 
203 
207 
211 
214 
218 
220 
222 
380 
225 
228 

162 

232 
234 
152 
238 
135 
23(5 

13 
242 
248 
250 
330 

20 
255 
258 
280 
267 
269 
382 
272 
383 
274 
277 

264 
384 
385 
282 

29 
286 
291 
293 

1() 
295 



428 



INDEX. 



[Jan. 



LOCATION. 

Springfield 

Stockbridge . 
Stoneham 

Taunton . 

Templeton 

Turner's Falls 

Uxbridge 

Wakefield 

Wales 

Waltham 

Ware 

Wareham 

Watertown . 

Webster . 

Wellfleet 

Westborough 

Westfield 

West Stockbridge 
Weymouth 
Whitinsville . 
Winchendon . 
Winchester . 
Woburn . 



Worcester 



CORPORATE NAME. PAGE. 

Hampden Savings Bank 133 

Springfield Five Cents Savings Bank . . . 297 

Springfield Institution for Savings .... 299 

Stockbridge Savings Bank 304 

Stoneham Five Cents Savings Bank .... 306 

Bristol County Savings Bank 35 

Taunton Savings Bank 311 

Templeton Savings Bank 313 

Crocker Institution for Savings 78 

Uxbridge Savings Bank 318 

Wakefield Savings Bank 320 

Wales Savings Bank 322 

Waltham Savings Bank 323 

Ware Savings Bank 325 

Wareham Savings Bank 328 

Watertown Savings Bank 336 

Webster Five Cents Savings Bank .... 338 

Wellfleet Savings Bank 340 

Westborough Savings Bank 312 

Westfield Savings Bank 341 

Woronoco Savings Bank 368 

Miners' Savings Bank 216 

Weymouth Savings Bank 316 

Whitinsville Savings Bank 348 

Winchendon Savings Bank 350 

Winchester Savings Bank 352 

Woburn Five Cents Savings Bank .... 354 

People's Savings Bank 252 

Worcester County Institution for Savings . . 356 

Worcester Five Cents Savings Bank .... 360 

Worcester Mechanics' Savings Bank . . . 363 









Boston . 



Worcester 



TRUST COMPANIES. 

r American Loan and Trust Company .... 390 

Boston Safe Deposit and Trust Company . . . 390 

Collateral Loan Company 391 

• ■{ International Trust Company 392 

Massachusetts Hospital Life Insurance Company . 395 

Massachusetts Loan and Trust Company . . . 392 

New England Trust Company 393 

Worcester Safe Deposit and Trust Company . . 394 



CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATIONS. 



Boston 



Brockton 

East Cambridge 
Fall River 
Fitchburg 
Haverhill 
Holyoke . 



f Homestead 406 



\ 



Pioneer 410 



West Roxbury 417 

( Workiugmen's 420 

Campello 399 

Security 411 

Cambridge 398 

Troy 415 

Fitchburg 402 

Haverhill 404 

Holyoke 405 



1882.] 



PUBLIC DOCUMENT — No. 8. 



429 



LOCATION. 

Lynn 

New Bedford 

Somerville 

Taunton . 

Walthain 
Worcester 



CORPORATE NAME. 



PAGE. 



Equitable . . . . « 401 

New Bedford . .409 

Somerville 413 

Mechanics' 408 

Taunton 414 

Waltham 416 

Worcester 418 



General Remarks on Banks iii 

General Remarks on Loan and Trust Companies vii 

General Remarks on Co-operative Saving-Fund and Loan Associations . . viii 

Revised Statutes relative to Savings Banks xi 

Aggregate Statement of Banks doing Business 370 

Comparative Aggregates 372 

Trial-Balance Sheet between 372 and 373 

Aggregate Statement of Banks in the Hands of Receivers .... 387 
Table exhibiting Number, Condition, etc., of Savings Banks in each Year 

from 1834 to 1881 inclusive 388 









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