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J£>tc*ie of ©ormecticui 

PUBLIC DOCUMENT No. 5 



REPORT 



OP THE 



Bank Commissioners 



®1j* Cforomuir, 



DECEMBER 31, 1904. 



PRINTED BY ORDEB OF THE LEGISLATURE. 



HARTFORD PRESS. 

The Case, Lockwood & Brainard Company. 

1904. 

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.BANK COMMISSIONERS. 



CHARLES H. NOBLE, New Milpobd. 
GEORGE P. KENDALL, Sufpield. 



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X.?->"r^' c"-> *>£' 



-►> t ? 



State of Connecticut 



REPORT 



OF THE 



Bank Commissioners 

For the Year Ended September 30 

1904 



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129 



INDEX 



SAVINGS BANKS. 

Ansonia, Savings Bank of, 

Berlin Savings Bank, Kensington, 

Bran ford Savings Bank, 

Bridgeport Savings Bank, . 

Bridgeport, City Savings Bank of, 

Bridgeport, Industrial Savings Bank of, 

Bridgeport, Mechanics and Farmers' Savings Bank of, 

Bridgeport, People's Savings Bank of, 

Bristol Savings Bank, 

Brooklyn Savings Bank, . 

Burritt Savings Bank, New Britain, 

Canaan Savings Bank, 

Chelsea Savings Bank, Norwich, . 

Chester Savings Bank, 

Citizens' Savings Bank, Stamford, 

City Savings Bank, Bridgeport, . 

City Savings Bank, Meriden, 

City Savings Bank, Middletown, . 

Colchester Savings Bank, . 

Collin8ville Savings Society, 

Connecticut Savings Bank, New Haven, 

Cromwell, Dime Savings Bank of, 

Danbury, Savings Bank of, 

Danbury, Union Savings Bank of, 

Daniel son, Windham County Savings Bank of, 

Deep River Savings Bank, 

Derby Savings Bank, 

Dime Savings Bank, Cromwell, . 

Dime Savings Bank, Hartford, 

Dime Savings Bank, Norwich, 

Dime Savings Bank, Wallingford, 

Dime Savings Bank, Waterbury, . 

Essex Savings Bank, 

Fairfield County Savings Bank, Nor walk, 

Falls Village Savings Bank, 

Farmers and Mechanics' Savings Bank, Middletown, 

Farmington Savings Bank, 

Freestone Savings Bank, Portland, 

Greenwich Savings Bank, . 

Groton Savings Bank, Mystic, 

Guilford Savings Bank, 

Hartford, Dime Savings Bank of, 

Hartford, Mechanics' Savings Bank of, 

Hartford, Society for Savings of, . 

Hartford, State Savings Bank of, 

Higganum Savings Bank, . 



245 

27 

29 

81 

61 

143 

165 

226 

85 

40 

44 

47 

50 

55 

58 

61 

66 

69 

9,71 

73 

75 

92 

250 

823 

841 

82 

87 

92 

94 

98 

102 

104 

108 

112 

116 

120 

125 

129 

133 

135 

138 

94 

156 

276 

303 

141 



320824 



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INDEX. 



Industrial Savings Bank of Bridgeport, 

Jewett City Sayings Bank, 

Kensington, Berlin Savings Bank of, 

Lakeville, Salisbury Savings Society of, 

Litchfield Savings Society, 

Mariners' Savings Bank, New London, 

Mechanics' Savings Bank, Hartford, 

Mechanics' Savings Bank, Winsted, 

Mechanics and Farmers' Savings Bank, Bridgeport] 

Meriden Savings Bank, 

Meriden, City Savings Bank of, . 

Middletown Savings Bank, 

Middletown, City Savings Bank of, 

Middletown, Fanners and Mechanics' Savings Bank of, 

Milford Savings Bank, 

Moodus Savings Bank, 

Mystic, Qroton Savings Bank of, . 

National Savings Bank, New Haven, 

Naugatuck Savings Bank, . 

New Britain, Burritt Savings Bank of, 

New Britain, Savings Bank of, . 

New Canaan Savings Bank, 

New Hartford Savings Bank, 

New Haven Savings Bank, 

New Haven, Connecticut Savings Bank of, 

New Haven, National Savings Bank of, 

New London, Mariners' Savings Bank of, 

New London, Savings Bank of, 

New Milford Savings Bank, 

Newtown Savings Bank, . 

Norfolk Savings Bank, 

Norwalk Savings Society, . 

Norwalk, Fairfield County Savings Bank of, 

Norwich 8avings Society, . 

Norwich, Chelsea Savings Bank of, 

Norwich, Dime Savings Bank of, 

People's Savings Bank, Bridgeport, 

People's Savings Bank, Pawcatuck, 

People's Savings Bank, Rockville, 

Portland, Freestone Savings Bank of, 

Putnam Savings Bank, 

Putnam, Thompson Savings Bank of, 

Ridgefield Savings Bank, . 

Rockville, People's Savings Bank of, 

Rockville, Savings Bank of, 

Salisbury Savings Society, Lakeville, 

Savings Bank of Ansonia, . 

Savings Bank of Danbury, 



Page. 
148 
145 

27 
241 
148 
152 
156 
161 
165 
169 

66 
175 

69 
120 
180 
188 
185 
187 
192 

44 
254 
196 
198 
200 

75 
187 
152 
258 
206 
210 
218 
216 
112 
220 

50 

98 
226 

10 
282 
129 
285 

289 
232 
265 
241 
245 
250 



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INDEX, 



Savings Bank of New Britain, 

Savings Bank of New London, 

Savings Bank of Rockville, 

Savings Bank of Stafford Springs, 

Savings Bank of Tolland, . 

Shelton Savings Bank, 

Society for Savings, Hartford, 

Southington Savings Bank, 

South Norwalk Savings Bank, 

8outhport Savings Bank, . 

Stafford Savings Bank, Stafford Springs, 

Stafford Springs, Savings Bank of, 

Stamford Savings Bank, . 

Stamford, Citizens' Savings Bank of, 

State Savings Bank, Hartford, 

8tonington Savings Bank, . 

Suffield Savings Bank, 

Terryville Savings Bank, . 

Thomaston Savings Bank, 

Thompson Savings Bank, Putnam, 

Tolland, Savings Bank of, 

Torrington Savings Bank, 

Union Savings Bank, Danbury, 

Wallingford, Dime Savings Bank of, 

Waterbury Savings Bank, 

Waterbury, Dime Savings Bank of, 

Waterbury, West Side Savings Bank of, 

Watertown Savings Bank, 

Westport Savings Bank, . 

West Side Savings Bank, Waterbury, 

Willimantic Savings Institute, 

Windham County Savings Bank, Danielson, 

Windsor Locks Savings Bank, 

Winsted Savings Bank, 

Winsted, Mechanics' Savings Bank of, 

Woodbury Savings Bank, . 



254 
258 
265 
269 
272 
274 
276 
284 
288 
292 
296 



58 
808 
9,807 
809 
812 
814 
817 
272 
819 
828 
102 
827 
104 
836 
10, 381 



341 
344 
847 
161 
851 



STATE BANKS. 

City Bank, Hartford, .... 

City Bank, New Haven, .... 
Connecticut River Banking Company, Hartford, 
Mechanics' Bank, New Haven, 
Saybrook Bank, Essex, .... 
8tate Bank, Hartford, .... 
Union Bank, New London, 
United States Bank, Hartford, 



859 
860 
861 



864 
865 
366 



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INDEX 



TRUST COMPANIES. 

Bridgeport Trust Company, 

Canton Trust Company, Collinsville, 

Colonial Trust Company, Waterbury, 

Columbia Trust Company, Middletown, . 

Connecticut Trust and Safe Deposit Company, Hartford 

Fidelity Company, Hartford, 

Fidelity Title and Trust Company, Stamford, . 

Greenwich Trust, Loan, and Deposit Company, 

Hartford Trust Company, .... 

Home Trust Company, Derby, 

Meriden Trust and Safe Deposit Company, 

New Haven Trust Company, 

Security Company, Hartford, 

The South Nqrwalk Trust Company, 

The Southport Trust Company, . 

The Stamford Trust Company, 

The Thames Loan and Trust Company, Norwich, 

ThompBonville Trust Company, . . • 

The Union Trust Company, New Haven, 



871 
872 
878 
874 
875 
876 
877 
878 
879 
880 
881 



884 
885 
886 
887 
888 



MISCELLANEOUS. 

Abstract of Receipts of State Banks, 

Abstract of Report of Condition of Trust Companies, 

Bank Commissioners' Report, 

Itemized Statement of Savings Banks, 

Reports of Savings Banks, . 

Reports of State Banks, 

Reports of Trust Companies, 

Savings Banks, Abstracts of Reports, 

Savin gs Banks, Condensed Statement of Assets and Liabilities, 

Savings Banks, Table of Dividends, 

Savings Banks, Summary from 1864 to 1903, inclusive, . 

State Banks, Summary of Assets and Liabilities, 

Trust Companies, Summary of Assets and Liabilities, . 

Laws, ....... 

Index to Laws, ...... 



890 

1-12 

28-24 

25 

357 

369 

855 

858-854 

8 

855 

891-892 

891-892 

1-40 

. 41-47 



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State of Connecticut. 



BANK COMMISSIONERS' EEPORT. 



Hartford, December 31, 1904. 

To His 'Excellency Abiram Chamberlain, Governor : 

The Bank Commissioners have the honor to submit their 
Annual Report, with the annual statements of the Savings 
Banks as of October 1, 1904 ; also with the statements of 
the State Banks and Trust Companies, showing their con- 
dition at the close of business September 6, 1904. There 
are still ninety Savings Banks. The City Savings Bank of 
Middletown, which received its charter from the General 
Assembly of 1903, commenced business December 21, 1903, 
and the People's Savings Bank of Pawcatuck was placed in 
the hands of a receiver May 31, 1904. The following state- 
ment gives an abstract of their assets and liabilities as 
compared with' October 1, 1903: 



ASSETS. 



• 


October 1, 
1904. 


October 1, 
1908. 


Increase. 


Decrease. 


Loans on Real Bstate, 


$72,826,854.86 

9,742,108.66 

8,125,830.24 

971,700.00 

44,652,301.24 

82,265,024 00 

7,218,806.14 

8,705,564.39 

2,476,108.69 
6,972,167.07 


$71,898,064.97 

10,757,879.55 

8,093,641.68 

270,700.00 

43,224,689.09 

75,780,154.07 

7,214,957.90 

8,860,472.66 

2,548,418.16 
6,100,799.44 


$1,228,289.89 




Loans on Collateral Security, 

Loans on Personal Security only, . 

Invested in United States bonds, . 
Invested In State, Town, City, > 

School District, and Corporation 

Bonds snd Obligations, 
Invented in Railroad Stocks and 


$1,015,776.90 


32,188.56 

1,000.00 

1,427,612.15 

6,584,869.93 

8,848.24 







Bonds, J 

Invested in Bank Stocks, 




Real Estate owned, including) 
Banking Houses, J 

Miscellaneous Assets, . 


154,908.27 
72,809.57 


Cash on hand and in Banks, . 


871,367.63 




Total Assets, .... 


$288,055,954.18 


$224,199,772 52 


$8,856,181.66 









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8 l 



BANK COMMISSIONERS* REPORT. 
LIABILITIES. 



October 1, 
1904. 



October 1, 
1908. 



Increase 



Decrease. 



Deposits, .... 
Surplus, .... 
Interest and Profit and Loss, 
Other Liabilities, . 

Total Liabilities, . 



1290,697,197.97 

8,177,661.24 

4,232,859.84 

48,885.13 



$212,177,974.87 

7,942,878.18 

4,054,018.56 

24,906.41 



$8,419,228.60 

284,688.06 

178,841.28 

1 23,428.72 



$288,055,954.18 



$224,199,772.52 



$8,856,181 66 



The loans on Real Estate have increased $1,228,289.89, 
Municipal Obligations $1,427,612.15, Railroad Bonds $6,- 
534,869.93, and the cash on hand $871,367.63, while the loans 
on Collateral Security have decreased $1,015,776.90, and 
Real Estate owned, $154, 908. 27. 

The deposits have increased for the year $8,419,223.60, 
making a total of $220,597,197.97, and the surplus, $234,- 
688.06. The number of depositors is 474,548, and the aver- 
age to each depositor is $464.86, a gain of $4.99. The 
amount of taxes paid to the State for the year was $450,- 
705. IS. 



DIVIDENDS. • 

The rate per cent, of dividends and the total amount 
paid is shown in the following table: 



Number of 
Banks. 


Rate 
Per Cent. 


Amount of. 
Dividends. 


Amonnt of Deposits with 
Dividends Added. 


61 

3 

22 

4 


4 
3f 
H 



$5,614,876.87 

60,525.83 

2,226,094.57 


$150,618,819.27 

1,677,636.81 

67,429,801.68 

871,440.21 








Total, 90 




$7,901,496.77 


$220,597,197.97 



Twenty* three discriminate against large deposits. 



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BANK COMMISSIONERS' REPORT. 

The miscellaneous items are as follows : 
MISCELLANEOUS ITEMS. 



ITEMS. 



Number of depositors having less than ( 
$1,000, f 

Amount of such deposits, 

Depositors having $1,000 and not ove* I 

tftuOO, I 

Amount of each deposits, 

Depositors having $3,000 and not over ( 
$10,000, f 

Amount of such deposits, 

Depositors having over $10,000, . 

Amount of such deposits, . 

Total number of depositors, 

Total amount of deposits, . 

Largest amount dne a single depositor, 

Average amount due depositors, . 
Number accounts opened during the ) 



year, 



Number accounts closed during the) 
year, ,.-.... f 

Income received during the year, . 
Dividends declared during the year, 



Amount deposited, including interest 
credited, 

Amount withdrawn during the year, 

Amount past-due paper, 

Amount of losses charged off during 
the year 

Expenses, including salaries, 
State Tax, 

Amount of assets yielding no income, 

Largest amt loaned to one Individual, 
company, society, or corporation, 



October 1, 
1904. 



410,947 
$87,709,487.05 

48,100 
$57,001,809.87 



$70,014,418.20 

860 

$5,181,968.85 

474,548 

$290,597,197.67 

56,809.00 

464.66 

67,958 

54,029 

$10,690,690.82 

7,901,496.77 

49,881,889.5' 

41,298,577.69 

40,984.91 

879,496.11 

564,815.4 

*50,:05.16 

. 640.947.89 

850,000.00! 



October 1, 
1903. 



Increase. 



899,879 
$84,949,605.21 

41,779 
$55,581,887.84 

19^97 
$67,481,969.80 

846 

$4,9154218.52 

461,887 

$919,177,974.87 

64,689.27 

459.87 

69,990 

61,021 

$10,804,668.44 

7,578,694.61 

48,082,175.28 

89,496,709.28 

50,804.94 

239,646.12 

551,989.22 

435,29087 

743,414.06 

&50,000.00 



10,875 
$8,549,881.84 

1,826 
$2,019,421.53 

935 
$2,588,150.40 
98 

$966,769.88 

18,161 

$8,419,298.60 



4.99 



8,008 

$886,027.38 

897,809.16 

1,749,207.29 

1,871,875.46 



189,849.99 
19,876.25 
16,484 79 



Decrease. 



$8,887.97 
1,822 



$9,320.08 



102,466.67 



The Colchester Savings Bank and the Thompson Sav- 
ings Bank of Putnam are making good progress in liquidat- 
ing, and further payments will be made to the depositors 
of each bank at the expiration of the present orders of the 
Court. 

The directors of the Stonington Savings Bank have de- 
cided to liquidate, and have already paid 38 per cent, to 
the depositors, and application is soon to be made to the 
Court to allow all available funds to be distributed. 



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10 BANK COMMISSIONERS' REPORT. 

Early in the year the attention of State's Attorney Solo- 
mon Lucas of New London County was called to irregular- 
ities of the treasurer of the People's Savings Bank of Paw- 
catuck. The case was immediately taken in hand by the 
State's Attorney, and dealt with according to law. It was 
found necessary to place the bank in the hands of a re- 
ceiver, and Mr. Alfred Coit of New London was appointed by 
the Court on May 31, 1904. He immediately took posses- 
sion and began to liquidate its affairs. On November 18, 
1904, the Court ordered the payment of a dividend of fifty 
per cent, to the depositors. The remainder of the assets will 
be converted into cash and paid out as the Court may direct. 

In February, 1904, it was found that the treasurer of the 
Watertown Savings Bank had made false entries in the 
books of the bank and the case was taken in hand by the 
State's Attorney for Litchfield County, Donald T. Warner, 
the treasurer pleading guilty to the charges. Pending the 
examination of the books the directors applied to the Court 
for an order restraining the bank from declaring dividends 
or paying out its funds, which order was issued for one 
year from March 22, 1904. 



STATE BANKS AND TRUST COMPANIES. 

The number and the amount of the State Banks remain 
the same, but the number of the Trust Companies is in- 
creased one by the addition of the Southport Trust Com- 
pany, which commenced business October 5, 1903, with a 
capital of $25,000. 

Five reports were called for during the year showing the 
condition at the close of business on November 17, 1903, 
January 22, March 28, June 9, and September 6, 1904. 
An abstract of these reports follows the statements of the 
banks and trust companies in detail. 

Eight Trust Companies solicit deposits for their savings 
departments, which show by the following statement a total 
amount of $3,629,435.35. 

An abstract of the reports for September 6, 1904, show- 
ing the total assets and liabilities, will be found below : 



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BARK COMMISSIONERS* EEPOET. 
STATE BANKS. 



11 



ASSETS. 

Loans and discounts, 

Overdrafts, .... 

Stocks and securities, 

Banking houses, furniture and fixtures, 

Real estate, 

Due from other banks and bankers, 

Due from approved reserve agents, 

Specie and currency, 

Checks and cash items, 

Total Assets, 



$6,034,199.47 

16,474.05 

2,565,670.32 

186,804.00 

10,148.14 

149,415.18 

1,001,486.89 

467 413 26 

133,885.23 



$10,565,496.52 



LIABILITIES. 



Capital stock, 

Surplus, 

Undivided profits, . 

Due to banks and bankers, 

Dividends unpaid, . 

Deposits, 

Other liabilities, 

Total Liabilities, . 



$2,240,000 00 

447,000.00 

614.872.82 

81,795.37 

2,968.00 

7,172,360.83 

6.500.00 

$10,565,496.52 



TRUST COMPANIES. 



AB8ET8. 



Loans and discounts, 

Overdrafts, . . . 

United States bonds, 

Stocks and securities, 

Banking houses, furniture and fixtures, 

Real estate, .... 

Due from other banks and bankers, 

Due f rum approved reserve agents, 

Specie and currency, 

Checks and cash items, 

Other assets, 

Total Assets, 



19,377,122.83 

45,671.63 

1,050.00 

5,240,550.55 

533,6o3.90 

132,347.64 

792,247.88 

1,538,927.17 

696,401.27 

146,005.28 

28,298.*3 



$18,532,306.98 



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12 



BANK COMMISSION-ESS* BEPOBT. 



LIABILITIES. 



Capital stock, 
Surplus, 

Undivided profits, . 
Due to banks and bankers, 
Dividends unpaid, . 
General deposits, . 
Savings deposits, . 
Other liabilities, 

Total Liabilities, 



12,314,600.00 

843,520.47 

695,018.04 

165,969.61 

444.50 

10,484,085.22 

3,629,435.35 

899,224.79 



$18,532,306.98 



Respectfully submitted, 

CHARLES H. NOBLE, 
GEORGE F. KENDALL, 

Bank Commissioners. 



387. 
'444. 



038 



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!387.i: 
444.81 



088.8 



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REPORTS OF SAVINGS BANKS. 

OCTOBER 1, 1904. 



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BANK COMMISSIONED* REPORT. 



27 



BERLIN SAVINGS BANK, KENSINGTON. 



Willis H. Upson, Treasurer. 



Incorporated, 1878 



STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $287,352.00 
Loans on personal security 

only, .... '9,668.00 
Town, city, and borough 

notes and orders, 24,000.00 

Bank stocks in Connecticut, 21,826.00 

Bank stocks in other states, 8,600.00 

Real estate by foreclosure, 1,900.00 

Safe 600.00 

Cash in banks, . 11,919.84 

Cash in vaults, . 1,606.96 



Total Assets, 



$862,856.80 



LIABILITIES. 

Whole amount of deposits, $823,752.22 
Surplus account, . 82,678.82 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 5,926.26 



Total Liabilities, . . $362,856.80 



INVESTMENTS. 





DESCRIPTION. 


PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 




BANK STOCKS. 








85 shares City Bank, Hartford, $ 


3,500.00 


8,600.00 


8,150.00 


8 •• 


Farmers & Mech. Nat'l, '• 


800.00 


800.00 


960.00 


10 M 


First National, " 


1,000.00 


1,000.00 


1,400.00 


5 " 


American " " 


250.00 


250.00 


846.00 


24 " 


Phoenix 


2,400.00 


2,400.00 


2,808.00 


7 " 


National Exchange, •• 


850.00 


860.00 


437.50 


14 " 


Conn. Tr. & Safe Dep. Co., " 


1,400.00 


1,400.00 


8,220.00 


10 •• 


Hartford Trust Co., 


1,000.00 


1,000.00 


1,800.00 


18 " 


Middletown National, Middletown, 


975.00 


975.00 


1,865.00 


1* 4t 


Middlesex Co. " 


150.00 


150.00 


135.00 


17 " 


Southington " 

National Commerce, New London, 


1,700.00 


1,700.00 


1,768.00 


30 -i 


3,000.00 


8,000.00 


4,200.00 


25 •' 


Thames National, Norwich, 


2,500.00 


2,500.00 


3,875.00 


8 " 


First " Meriden, 


800.00 


800.00 


1,400.00 


20 •' 


Home •• 


2,000.00 


2,000.00 


2,600.00 


12 *• 


Merchants Exch. Nat'l, New York, 


600.00 


600.00 


750.00 


10 •• 


American 


1,000.00 


1,000.00 


1,800.00 


20 " 


Fourth 
ds $ 


2,000.00 


2,000.00 


3,500.00 


Toti 


25,425.00 


25,425.00 


35,018.50 



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28 BANK commissioners' eeport. 



BERLIN SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, .642; total amount, $121,142.13 

2 Number of depositors having $1,000 and 

not over $2,000 127; total amount, 117,612.67 

3 Number of depositors having over $2,000 

and not over $10,000 84; total amount, 84,997.42 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . 808; total deposits, $828,752.22 

6 Largest amount due a single depositor, 7,876.57 

7 Number of accounts opened during the past year, 64 ; number 

closed, 45 : increase, 19. 

8 Amount deposited, including interest credited, during the past 

year, 52,965.32 

9 Amount withdrawn during the past year, 46,288.64 

10 Amount of increase 6,731.68 

11 Total of interest and profit and loss, and rent 

accounts per last report, $5,111.99 

12 Amount of income received during the year, 16,814.47— 21,426.46 

13 Total expenses, including salaries, during the year, 1,772.97 

14 State tax during the year, 574.18 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, .... 

18 Dividends, 2 per cent, paid Jan. 1, 1904; amount, 6.249.12 

2 per cent, paid July 1, 1904; amount, 6,886.26 

19 Net amount carried to surplus, .... 567.67 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 5,926.26— 21,426.46 

21 Amount of past- due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate — are they all first mortgages? . Yes. 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, ...*.. 7,670.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 1,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, About 6* 

28 Net income from foreclosed real estate during the past year, 120.00 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors : Third Wednesday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers: Third Wednesday in July. 

Officers. — President, William Bulkeley; Treasurer, Willis H. Upson; 
Directors or Trustees, William Bulkelev, Edward Ailing, Theron Upson, Frank 
L. Wilcox, Charles H. Risley, E. W. Mildrum, W. H. Upson. 



Digitized by LjOOQIC 



BANK COMMISSIONED' BEPORT. 



29 



THE BEANPORD SAVINGS BANK. 

William R. Foots, Treasurer. Incorporated, 1889. 

STATEMENT, OCTOBER 1, 1904. 



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

only, .... 
Town, city, and borough 

notes and orders, . 
Railroad bonds, . 
Insurance and taxes advanced 

on real estate mortgaged, 
Cash in banks, . 
Cash in vault, 



1,757.00 
8,310.00 



9,468.00 

17,000.00 
4,000.00 

24.10 

8,846.30 

853 20 



Total Asset*, 



$279,758.60 



LIABILITIES. 

Whole amount of deposits, $262,860.44 
Surplus account, 13,014.68 

Interest account, less cur- 
rent expenses, and taxes * 
paid, .... 8,878.48 



Total Liabilities, 



1279,758.60 



INVESTMENT. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK J MARKET 
VALUE. 1 VALUE. 


RAILROAD BONDS. 

Chicago & Northwestern :— 
Ottumwa, Cedar Falls & St. Paul, 5s, 1909, $ 


4,000.00 


i 

4,000.001 4,200.00 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000, 974; total amount, $189,945.16 

2 Number of depositors having $1,000 and 

not over $2,000, 46; total amount, 56,049.25 

8 Number of depositors having over $2,000 

and not over $10,000, .... 7; total amount, 16,866.08 

4 Number of depositors having over $10, 000, 0; total amounj, 

5 Total number of depositors, 1,027; total deposits, $262,860.44 

6 Largest amount due a single depositor, 2,892.28 

7 Number of accounts opened during the past year, 204; number 

closed, 119; increase, 85. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year, .... 
10 Amount of increase, 



Digitized by 



117,461.74 
87,211.46 
80,250.28 

Google 



s l 



80 BANK COMMISSIONERS' REPORT. 

THE BRANFORD SAVINGS BANK. — Continued. 
MISCELLANEOUS ITEMS.— Continued. 

11 Total of interest and profit and loss, and rent ac- 

counts per last report, $8,084.03 

12 Amount of income received during the year, 12,918.72— $16,002.75 
18 Total expenses, including salaries, during the 

year 988.84 

14 State tax during the year, 499.76 

15 Town and city taxes and assessments paid, q 

16 Net amount of premiums charged off, 

17 All other amounts charged off, ... 

18 Dividends, 2 per cent, paid Jan. 1, 1904 ; amount, 4,203.80 

2 per cent, paid July 1, 1904; amount, 4,580.43 

19 Net amount carried to surplus, 1,901.44 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 8,878.48— 16,002.75 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate — are they all first mortgage? Tea. 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 10,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 17,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 8,810.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, July. 

Officers. — President, Henry H. Fowler ; Treasurer, William R. Poote ; Di- 
rectors or Trustees, Henry H. Fowler, M. P. Harding, A. E. Hammer, Daniel 
O'Brien, Francis Cull, M. O. Babcock, Henry G. Harrison, Richard Bradley, 
Charles F. Bradley, Herman Johnson. 

• 3} par cent, per annum on excess of $1,000. 



Digitized by LjOOQIC 



BANK COMMISSIONERS REPORT. 



31 



BRIDGEPORT SAVINGS BANK. 

Alexander Hawley, Treasurer. Incorporated, 1842. 

STATEMENT, OCTOBER 1, 1904. 



AB8ET8. 

Loans on real estate, . $2,098,074.00 

Loans on collateral sec'y, 438,711.00 
Loans on personal security 

only 102,000.00 

Town, city, school district, 

and corporation bonds, . 740,500.00 

Railroad bonds, . 1,877,000.00 

Bank stocks in Connecticut, 144,200.00 

Bank stocks in other states, 38,220.00 

Real estate by foreclosure, 28,068.88 

Banking house, . 88,176.18 
Insurance and taxes ad- 
vanced on real estate 

mortgaged, ... 24.86 

Suspense, .... 12.25 

Cash in banks, . 101,012.70 

Cash in vault, . 29,189.85 



Total Assets, 



$5,675,178.72 



LIABILITIES. 

Whole amount of deposits, $5,836,548.28 

Surplus account, . . 200,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 87,622.69 

Profit and loss account, . 51 ,007.75 



Total Liabilities, . $5,675,178.72 



INVESTMENTS. 









PAR 


ROOK 


MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, 


AKD CORPORA- 






TION BOND8. 










Ansonia, Conn. 


, 4s, 


1912, $ 


15,000.00 


15,000.00 


15.150.00 


Bridgeport, 


4s, 


1919, 


150,000.00 


150,000.00 


154,500.00 


«i <• 


5s, 


1908, 


60.000.00 


60,000.00 


62,400.00 


Danbury, " 
Fairfield, 


4*s, 


190&-10, 


60,000.00 


60,000.00 


61,200.00 


4s, 


1908-21, 


83,000.00 


88,000.00 


88,660.00 


t« «« 


4s, 


1904-5, 


6,000.00 


6.000.00 


6,000.00 


South Norwalk, " 


4s, 


1910, 


12,500.00 


12,500.00 


12,750.00 


Stamford, 


4«, 


1910, 


94,000.00 


94,000.00 


95,880.00 


Los Angeles, Cal., 


4s, 


1924r-81, 


28,000.00 


28,000.00 


29,120.00 


Denver, Col., 


5s, 


1906, 


5,000.00 


5,000.00 


5,100.00 


Chicago, 111., 


4s, 


1921, 


15,000.00 


15.000.00 


15.450.00 


Des Moines, Iowa, 


4s, 


1905-15, 


28,000.00 


28,000.00 


28,280.00 


Louisville, Ky., 


4s, 


1930, 


15,000.00 


15,000.00 


15,600.00 


Boston, Mass., 


4s, 


1921, 


10,000.00 


10,000.00 


10,500.00 


Detroit, Mich., 


4s, 


1921, 


10,000.00 


10,000.00 


10,500.00 


Minneapolis, Minn., 
St. Paul, 


4s, 


1920, 


20,000.00 


20,000.00 


20,600.00 


4b, 


1919, 


20,000.00 


20,000.00 


20,600.00 


Kansas City, Mo., 


4*8, 


1915, 


30,000.00 


80,000 00 
10.000.00 


81,800.00 


Columbus, Ohio, 


4s, 


1908, 


10,000.00 


10,100.00 


Dayton, " 


4s, 


1912, 


20,000.00 


20,000.00 


20,400.00 


1* «€ 


4s, 


1914, 


15,000.00 


15,000.<Xf 


15,800.00 



Digitized by 



Google 



82 



BANK COMMISSIONERS' BEPOBT. 



BRIDGEPORT SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA 
TION BONDS.— CONTINUED. 



Portland, Oregon, 

Pawtticket, R. I., 

Woonsocket, " 
«< !• 

Milwaukee, Wis., 



5s, 
5s, 
4s, 
4s, 
4s, 
5s, 



1923, 
1928, 
1910, 
1925, 
1927, 
1904-7, 



Totals $ 740,500.00 



RAILROAD BONDS. 

Central R. R. of New Jersey, 

New York & Long Branch, 

Chicago, Burlington & Quincy : 

Illinois Division, 
«< 

Nebraska Extension, 

Chicago & East. Illinois, 

Chic, Milwaukee & St. Paul, 
•i << 

Dubuque Division, 

Lacrosse & Davenport, 

Chicago & Northwestern : — 

Chicago & Tomah, 

Milwaukee & Madison, 

Boyer Valley, 

Mil, L. Shore & Western, 

Ashland Division, 

Chic, Rock Island & Pacific, 
fi <i n 

Bur., Cedar Rapids & North'n, 
Delaware & Hudson : — 
Albany & Susquehanna, 

Delaware, Lackaw'na & West'n : 
N. Y., Lackawanna & West., 
Syracuse, Bing. & New York, 
Great Northern :— 
East. Railway of Minn., 
St. Paul, Minn. & Manitoba, 
Dakota Extension, 
Montana " 
Illinois Cent., Springfield Div., 
Mich. Cent., Detroit & Bay City, 
Minneapolis & St. Louis, 
N. Y. Cent. & Hudson R. R R., 

Utica & Black River, 
N. Y., New Haven & Hartford, 



5s, 
_4fl, 

8*s, 

4s, 

4s, 

5s, 

4s, 

3*s, 

6s, 

5s, 

6s, 

6s, 

3*s. 

6s, 

6s, 

6s, 

4s, 

,5s, 

7s, 
6s, 

6s, 
7s, 

4s, 
4*8, 
6s, 
4s, 

8*8, 

,5s, 
4s, 
8*8, 
4s, 



1987, $ 
1941, 

1949, 
1949, 
1927, 
1987, 
1989, 
1989, 
1920, 
1919, 

1905, 
1905, 
1928, 
1921, 
1925, 
1917, 
1988, 
1984, 

1906, 
1 06, 

1921, 
1906, 

1948, 
1933, 
1910, 
1937, 
1951, 
1931, 
1949, 
1997, 
1922, 
1947, 



PAR 

▼ALUS. 



10,000.00 
7,000.00 
20,000.00 
25,000.00 
15,000.00 
12,000.00 



50,000.00 
50,000.00 

100,000.00 
50,000.00 
40,000.00 
50,000.00 
60,000.00 
50,000.00 
20,000.00 
40,000.00 

85,000.00 
44,000.00 
25,000.00 
20,000.00 
20,000.00 
80,000.00 
50,000.00 
15,000.00 

20,000.00 
60,000.00 

50,000.00 
85,000.00 

25,000.00 
65,000.00 
40,000.00 
20,000.00 
60,000.00 
50,000.00 
40,000.00 

115,000.00 
25,000.00 

150,000.00 



BOOK 
VALUE. 



10,000.00 
7,000.00 
20,000.00 
25,000.00 
15,000.00 
12,000.00 



740,500.00 



50,000.00 
50,000.00 

100,000.00 
50,000.00 
40,000.00 
50,000.00 
60,000.00 
50,000.00 
20,000.00 
40,000.00 

85,000.00 
44,000.00 
25,000.00 
20,000.00 
20,000.00 
80,000.00 
50,000.00 
15,000.00 

20,000.00 
60,000.00 

50,000.00 
85,000.00 

25,000.00 
65,000.00 
40,000.00 
20,000.00 
60,000.00 
50,000.00 
40,000.00 

115,000.00 
25,000.00 

150,000.00 



MARKET 
VALUE. 



11,400.00 
8,190.00 
20,200.00 
25,750.00 
15,450.00 
12,120.00 



762,950.00 



65,500.00 
55,500.00 

98,000.00 
51,500.00 
41,600.00 
58,500.00 
64,200.00 
48,000.00 
24,800.00 
44,800.00 

35,850.00 
44,440.00 
23,500.00 
25,400.00 
26,200.00 
97,600.00 
51,500.00 
17,550.00 

21,000.00 
61,800.00 

64,000.00 
86,750.00 

25,000.00 
70,200.00 
44,000.00 
20,000.00 
54,600.00 
60,500.00 
87,200.00 

115,000.00 
26,000.00 

159,000.00 



Digitized by 



Google 



BANK COMMISSIONERS* REPORT. 



88 



BRIDGEPORT SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS.— CONTINUED. 

N. Y., New Haven & Hartford, 4s, 1914, $ 

N. Y., Providence & Boston, 4s, 1042, 

Old Colony, 4s, 1988, 

Pennsylvania Railroad : — 

Cleveland & Pittsburg, - 8*8, 1948, 

Pittsburg, Ya. & Charleston, 4s, 1948, 

Terre Haute & Indianapolis, 5s, 1925, 

United N. J. R. R. &Can. Co., 4s, 1944, 

" " 4s, 1929, 



Totals, $1,877,000.00 



BANK STOCKS. 

600 shares Bridgeport National, B'port, i 

180 " City 

800 " Connecticut 

157 4t First 

250 4i Pequonnock " 

80 " uEtna " Hartford, 

50 " First 
60 " City, 

25 " Hartford National, 

100 " Thames *' Norwich, 

100 " Waterbury " Waterbury, 

40 ' ' Amer. Exchange Nat. , New York, 

140 " Chatham 

26 " Gallatin 
60 " Hanover 

80 " Imp'rs & Traders " 

66 " Merchants 

63 '• Nat. Bank of Commerce, " 

6 " '• " No. Amer., " 

80 " National Park, 

51 " Phenix National, 

12 " Shoe & Leather Nat., 



FAB 
VALUE. 



50,000.00 
80,000.00 
25,000.00 

60,000.00 
80,000.00 
80,000.00 
60,000.00 
88,000.00 



Totals, $ 177,420.00 177,420.00 



30,000.00 

18,000.00 

30,000.00 

15,700.00 

25,000.00 

3,000.00 

5,000.00 

5,000.00 

2.500.00 

10,000.00 

5,000.00 

4,000.00 

8,500.00 

1,800.00 

6,000.00 

3,000.00 

3,300.00 

6,800.00 

600 00 

3,000.00 

1,020.00 

1,200.00 



BOOK 
VALUE. 



60,000.00 
80,000.00 
25,000.00 

60,000.00 
80,000.00 
30,000.00 
60,000.00 
88,000.00 



1,877.000.00 



30,000.00 

18,000.00 

30,000.00 

15,700.00 

25,000.00 

3,000.00 

5,000.00 

5,000.00 

2,500.00 

10,000.00 

5,000.00 

4,000.00 

3,500.00 

1,800.00 

6,000.00 

3,000.00 

3,300.00 

6,300.00 

600.00 

8,000.00 

1,020.00 

1,200.00 



2,006,660.00 



MARKET 
VALUE. 



51,000.00 
32,100.00 
26,750.00 

60,000.00 
31,500.00 
88,800.00 
66,600.00 
41,420.00 



54,000.00 

19,500.00 

46,500.00 

29,045.00 

87,500.00 

5,700.00 

6,250.00 

4,000.00 

8,250.00 

15,500.00 

8,000.00 

8,000.00 

10,850.00 

4.550.00 

80,000.00 

16,500.00 

4,950.00 

12,600.00 

1,050.00 

13,500.00 

1,224.00 

1,440.00 



883,909.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 9,684; total amount, $2,277,336.60 

2 Number of depositors having $1,000 and 

not over $2,000 1,403; total amount, 1,958,601.00 

3 Number of depositors having over $2,000 

and not over $10,000, . . 440; total amount, 1,078,542.00 

4 Number of depositors having over $10,000, 2; total amount, 22,063.68 



5 Total number of depositors, 



11,629; total deposits, $5,836,548.28 
Digitized by LjOOSlC 



>g l 



34 



BANK COMMISSIONEBS' EEPOET. 



BRIDGEPORT SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 1,695; number 

closed, 1,668; increase, 27. 

8 Amount deposited, including interest credited, during the past 

year 

9 Amount withdrawn during the past year, . 

10 Amount of increase, 

11 Total of interest and profit and loss and rent ac- 

counts per last report 

12 Amount of income received during the year, 

13 Total expenses, including salaries, during the year, 

14 State tax during the year, . . 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, .... 

18 Dividends, If per cent, paid Jan., 1904; amount, 

If per cent, paid July, 1904; amount, 

19 Amount carried to surplus, 

20 Total of interest and profit and loss less rent ac- 

counts per this report, .... 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages ? 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, .... 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, June. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, June. 



$11,911.87 



1,258,091.89 

1,125,007.40 

138,084.49 



$148,872.17 

246,512.55— 

16,498.27 

10,952.58 . 

1,986.60 

17.817.75 

25,221.65 

88,525.11 

90,332.18 



188,605.5a- 



889,884.72 



389,884.72 



2,220.00 

Yes 

81,480.00 

100,000.00 

125,000.00 

2.36* 
611.12 



Offiobrb.— President. T. B. DePorest; Vice-Presidents, Edward Sterling, 
Frederick B. Hawley ; Treasurer, Alexander Hawley ; Directors or Trustees, P. 
N. Benham, Alexander Hawley. Levi W. Eaton, Frederick Trubee, George C 
Edwards, Charles W. Hawley, Samuel A. Burns, Isaac W. Birdseye, Charles B. 
Bead, Howard H. Knapp. 



Digitized by 



Google 



BANK COMMISSIONERS' EEPOBT. 



85 



BRISTOL SAVINGS BANK. 

Miles Lewis Peck, Treasurer. Incorporated, 1870. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $1,502,104.00 

Loans on collateral security, 122,210.00 
Loans on personal security 

only, .... 47,450.00 
Town, city, and borough 

notes and orders, . 69,000.00 
School district notes and . 

borders, .... 16,025.00 
Town, city, school district, 

and corporation bonds, . 164,150.00 

Railroad bonds, 591,000.00 

Railroad stocks, . 5,000 00 

Bank stocks in Connecticut, 306,000.00 

Bank stocks in other states, 27,150.00 

Real estate by foreclosure, 27,800.00 

Banking house, 18,000.00 

Premium account, . 64,670.00 

Cash in banks, . 81,857.86 

Cash in vault, . 10,896.71 



Total Assets, 



18,002,818.57 



LIABILITIES. 

Whole amount of deposits, $2,865,707.07 
Surplus account, 90,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, profit and loss and 
rent accounts, 47,106.50 



Total Liabilities, . $8,002,813.57 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITT, AND BOROUGH NOTES AND ORDERS. 

Bristol, Conn., Town, . $ 



West Hartford, " 
Bristol. 



Borough. . 



Totals 

SCHOOL DISTRICT NOTES AND ORDERS. 

School District of Bristol, Conn., 



First 

Second 

Third 

Fifth 

Sixth 

Thirteenth 



Totals, 



PAR 
VALUE. 



52,000.00 

10,000.00 

7,000.00 



69,000.00 



5,000.00 

800.00 

8,500.00 

1,325.00 

150.00 

250.00 



BOOK 
VALUE. 



52,000.00 

10,000.00 

7,000.00 



69,000.00 



5,000.00 

800.00 

8,500.00 

1,325.00 

150.00 

250.00 



MARKET 
VALUE. 



52,000.00 

10,000.00 

7,000.00 



I 



69,000.00 



5,000.00 

800.00 

8,500.00 

1,325.00 

150.00 

250.00 



$ 16,025.00 16,025.00, 16,025.09 
Digitized by LjOOSlC 



>g l 



BANK COMMISSIONERS' REPORT. 



BRISTOL SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD STOCKS. 

50 shares Chicago, Milwaukee & St. Paul, pref . , $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 



Connecticut, Bristol, 

California, Los Angeles, 

Iowa, Sioux City, 

Kansas, Kansas City, 
<< I* 

Wichita, 
New Jersey, Atlantic City, 



4s, 1908, 

4Js, 1933, 

4*8, 1917, 

6s, 1907-1911, 

6s, 1908-1914, 

5s, 1910, 

4s, 1930-1931, 



Totals, 



RAILROAD BONDS. 



Chicago & Eastern Illinois, 
Chicago, Milwaukee & St. Paul:— 

Qeneral Mortgage, 

Chicago & Pacific, 

Mineral Point, 

South Western, 
Chicago, Rock Island & Pacific, 
Chicago, St. Paul, Minn. & Omaha, 
Elgin, Joliet & Eastern, 
Evan8ville & Terre Haute,, 
Minneapolis & St. Louis, 



5s, 1937, $ 



4s, 
0s, 
5s, 
6s, 

4s, 
6s, 
5s, 
5s, 

7s, 

" * ' 4s 

New Tork, New Haven & Hartford, Si's, 
Peoria & Pekin Union, 6s, 

Staten Island, 4*s, 

St. Louis, Iron Mountain & Southern, 4s, 
St. Paul, Minneapolis & Manitoba:— 
Consolidated Mortgage, 6s, 

Eastern of Minnesota, 4s, 

Montana Central, 6s, 

" Extension, 4s, 

Wilmar & Sioux Falls, 5s, 

Sunbury, Hazelton & Wilkesbarre, 5s, 
Term. R. R. Association of St. Louis, 5s, 



Totals, 



1989, 
1910, 
1910, 
1909, 
1988, 
1980, 
1941, 
1930, 
1910, 
1984, 
1949, 
1954, 
1921, 
1948, 
1938, 

1988, 
1948. 
1937, 
1987, 
1938, 
1928, 
1944, 



PAR 
VALUE. 



5,000.00 



1,000.00 
650.00 
15,000.00 
82,000.00 
65,500.00 
15,000.00 
85,000.00 



164,150.00 



60,000.00 

40,000.00 

2,000.00 

2,000.00 

11,000 00 

80,000.00 

85,000.00 

15,000.00 

10,000.00 

5,000.00 

23,000.00 

85,000.00 

10,000.00 

85,000 00 

5,000.00 

20,000.00 

9,000.00 
25,000.00 
75,000.00 
80,000.00 

5,000.00 
18,000.00 
46,000.00 



BOOK 
VALUE. 



5,000.00 



1,000.00 
650.00 
15,000.00 
82,000.00 
65,500.00 
15,000.00 
85,000.00 



MARKET 
VALUE. 



9,000.00 



1,000.00 
650.00 
15,850.00 
84,000.00 
68,000.00 
15,000.00 
86,000.00 



164,150.00 



60,000.00 

40,000.00 

2,000.00 

2,000.00 

11,000.00 

80,000.00 

85,000.00 

15,000.00 

10,000.00 

5,000.00 

23,000.00 

85,000.00 

10,000.00 

85,000.00 

5,000.00 

20,000.00 

9,000.00 
25,000.00 
75,000.00 
80,000.00 

5,000.00 
13,000.00 
46,000.00 



170,000.00 



71,000.00 

44,000.00 

2,200.00 

2,100.00 

12,100.00 

84,000.00 

47,000.00 

17,400.00 

10,000.00 

5,800.00 

26,400.00 

88,600.00 

9,600.00 

42,000.00 

5,000.00 

19,000.00 

12,000.00 
25,000.00 
100,000.00 
80,000.00 
5,900.00 
13,000.00 
52,900.00 



I 
$ 591,000.00 591,000.00| 670,000.00 



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BANK COMMISSIONERS* BEPOBT. 



87 



BRISTOL SAVINGS BANK.— Continued. 
INVESTMENTS.— Contchubd. 



DESCRIPTION. 



120 shares 

50 

10 

20 

80 

54 

40 

64 

80 

368 

84 

177 

156 

110 

135 

150 

195 

48 

25 

24 

109 

47 

40 

65 

7 

60 

68 

100 

37 

100 

92 

700 

119 

15 

70 

23 

10 

33 

10 

15 

49 

131 

22 

50 

100 

186 

3 

10 

19 

100 



BANK STOCKS. 

Bristol National, Bristol, 

Bridgeport, 



Danbury, 
it 

Deep Hirer, 

Derby, 

Hartford, 



Bridgeport 

City 

Connecticut " 

City 

Danbury «• 

Deep River " 

Birmingham " 

iEtna 

American " 

Charter Oak " 

Farm's & Mech. National, Hartford, 

First •« 

Hartford 

Phoenix 

National Exchange, 

City, 

State, 

Conn. Trust & Safe Dep. Co., '< 

Hartford Trust Co., " 

Home National, Meriden, 

Meriden " ■• 

Central " Middletown, 

First 

Middlesex Co. " 

Middletown 

Naugatuck 

Mechanics 

New Britain 

First 

Merchants 

N. Haren Co. " 

Yale 

National Tradesmen's, 

Nat. B'k of Oom'rce, New London, 

Union, " 

Central National, Norwalk, 

Fairfield Co. 



Naugatuck, 
New Britain, 

it 

New Haven, 



First " Portland, 

Rockville " Rockville, 

City " 8outh Norwalk, 

First " Wallingford, 

Citizens " Waterbury, 

Fourth 

Manufacturers 

Waterbury 

American Exchange Nat., New York, 

Citizens Central 

Fourth 

Irving '« tl 



PAR 


BOOK 


VALUE. 

12,000.00 


VALUE. 


12,000.00 


2,500.00 


2,500.00 


1,000.00 


1,000.00 


2,000.00 


2.000.00 


8,000.00 


3,000.00 


5.400.00 


5,400.00 


4,000.00 


4,000.00 


6,400.00 


6,400.00 


3,000.00 


3,000.00 


18,400.00 


18,400.00 


8,400.00 


8,400.00 


17,700.00 


17,700.00 


15,600.00 


15,600.00 


11.000.00 


11.000.00 


12,500.00 


12,500.00 


7,500.00 


7,500.00 


19,500.00 


19,500.00 


4,800.00 


4,800.00 


2,500.00 


2,500.00 


2,400.00 


2,400.00 


10,900.00 


10,900.00 


4,700.00 


4.700.00 


3,000.00 


8,000.00 


6,500.00 


6,500.00 


700.00 


700 00 


4,500.00 


4,500.00 


6,800.00 


6,800.00 


10,000.00 


10,000.00 


8,700.00 


3,700.00 


10,000.00 


10,000.00 


4,600.00 


4,600.00 


7.000.00 


7,000.00 


11,900.00 


11,900.00 


1,500.00 


1,500.00 


7,000.00 


7,000.00 


2,300.00 


2,800.00 


1,000.00 


1,000.00 


3,800.00 


3,300.00 


1,000.00 


1,000.00 


1,500.00 


1,500.00 


4,900.00 


4,900.00 


13,100.00 


13,100.00 


2,200.00 


2,200.00 


5,000.00 


5,000.00 


10,000.00 


10,000.00 


9,300.00 


9,800.00 


300.00 


800.00 


1,000.00 


1,000.00 


1,900.00 


1,900.00 


5,000.00 


5,000.00, 



MARKET 
VALUE. 



21,000.00 

4,500.00 

1,600.00 

3,000.00 

3,000.00 

5.400.00 

4,400.00 

11,200.00 

6,000.00 

25,700.00 

10,000.00 

21,200.00 

21,000.00 

14,000.00 

15,000.00 

9,000.00 

17,000.00 

6,700.00 

6,000.00 

4,200.00 

14,000.00 

5,000.00 

3,300.00 

6,500.00 

700.00 

6,000.00 

11,000.00 

20,000.00 

5,900.00 

15,500.00 

6,000.00 

10,500.00 

16,000.00 

2,500.00 

9,800.00 

2,500.00 

1,000.00 

8,800.00 

1,000.00 

1,500.00 

9,800.00 

14,800.00 

8,000.00 

7,000.00 

12,500.00 

14,000.00 

700.00 

1,500.00 

4,800.00 

11,000.00 



Digitized by 



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88 



BANK COMMISSIONERS BEPOKT. 



BRISTOL SAVINGS BANK.— Continued. 

INVESTMENTS.— Cohtotobd. 



DESCRIPTION. 


FAR | BOOK 
VALUE. 1 VALUE. 


MARKET 
VALUE. 


BANK STOCKS.— CONTINUED. 

115 shares Mechanics Nat., New York, $ 
60 " Merchants 

94 " Merchants Exchange" " 
12 " Nat. Bank of North America, " 
25 " Bowery, 

29 " German- American, " 
15 " N. York Produce Exchange, •' 
40 " Oriental, 


1 

2,875.00 2,875.00 
8,000.00 3,000.00 
4,700.00 4,700.00 
1,200.00' 1,200.00 
2,600.00, 2,500.00 
2,175.00 2,175.00 
1,500.00! 1,500.00 
1,000.00! 1,000.00 


7,800.00 

5,260.00 
7,500.00 
2,400.00 
8,750.00 
3,500.00 
2,600.00 
2,200.00 


Totals, $ 


838,150.00 338,150.00 470,000.00 

i 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 5,847 ; total amount, $1,026,778.70 

2 Number of depositors having $1,000 and 

not over $2,000 560 ; total amount, 762,102.93 

3 Number of depositors having over $2,000 

and not over $10,000, 827 ; total amount, 1,076,880.44 

4 Number of depositors having over $10,000, ; total amount, 

5 Total number of depositors, . 6,284 ; total deposits, $2,865,707.07 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 877 ; number 

closed, 691 ; increase, 186. 

8 Amount deposited, including interest credited, during the past 

year 699,994.65 

9 Amount withdrawn during the past year 528,211.47 

10 Amount of increase, 171,783.18 

11 Total of interest and profit and loss, and rent ac- 

counts per last report, $40,006.87 

12 Amount of income received during the year, . 148,106.68 

18 Total expenses, including salaries, during the year, 10,229.66— 188,117.55 

14 State tax during the year, x 5,454.37 

15 Town and city taxes and assessments paid, 445.96 

16 Net amount of premiums charged off, 14,110.05 

17 All other amounts charged off, banking house 

and furniture, 4,851.60 

18 Dividends, 2 per cent, paid Jan. 1, 1904; amount, 52,260.75 

2 per cent, paid July 1, 1904; amount, 54,166.66 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report 47,106.50— 188,117.55 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate — are they all first mortgages ? Yes. 

Digitized by LjOOQIC 



BANK COMMISSIONED' BEPORT. 



39 



BRISTOL SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

24 Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

* year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, Third Monday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, Third Monday in July. 



$62,000.00 

40,000.00 

27,000.00 

8tf 
1,044.96 



Officers.— President, Hobart A. Warner; Treasurer, Miles Lewis Peck ; Di- 
rectors or Trustees, Hobart A. Warner, Walter A. Ingraham, Miles Lewis Peck,. 
Beth Barnes, Edward F. Gaylord, Hiram Carter, Edward B. Dunbar, Andrew S. 
Gaylord, Henry L. Beach, Leverett A. Sanford, Herbert J. Mills, John S. Deming. 



Digitized by 



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40 



BANK COMMISSIONERS' REPORT 



THE BROOKLYN SAVINGS BANK. 

Clarence A. Potter, Treasurer. Incorporated, 1872. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, 

Loans on collateral security, 

Loans on personal security 
only 

Town, city, and borough 
notes and orders, . 

Town, city, school district, 
and corporation bonds, . 

Railroad bonds, 

Bank stocks in Connecticut, 

Real estate by foreclosure, 

Insurance and taxes ad- 
vanced on real estate 
mortgaged, 

Premium account, . 

Expense on real estate and 
taxes, 

Cash in banks, . 

Cash in vault, . 



Total Assets, 



$700,692.64 
70,860.00 

12,500.00 

88,000.00 

185,800.00 

237,500.00 

25,450.00 

7,400.00 



20.95 
3,000.00 

1,628.55 

19,113.46 

5,852.01 



$1,807,312.61 



LIABILITIES. 



Whole amount of deposits, $1,261,956.88 



Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid 

Profit and loss account, . 



80,000.00 



9,486.36 
5,919.37 



Total Liabilities, 



$1,807,312.61 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITT, AND BOROUGH* NOTES AND ORDERS, 

Town of Plainfleld, $ 



Brooklyn, 
Canterbury, 
Hampton, . 



Totals, $ 

TOWN, CITT, SCHOOL DISTRICT, AND CORP. BONDS, 



City of Meriden, Conn., 

Norwich, " 

Paterson, N. J., 
. <• »• 

Newark, " 
Toledo, Ohio, 



4s, 

5s, 

4s, 

4s, 

4s, 

Sis, 

Sis, 



1918, $ 

1908, 

1917, 

1932, 

1922, 

1920, 

1921, 



PAR 
VALUE. 



28,200.00 

7,700.00 

1,800.00 

800.00 



88,000.00 



5,000.00 

5,000.00 
10,000.00 
10,000.00 

5,000.00 
12,000.00 

5,000.00 



BOOK 
VALUE. 



28,200.00 

7,700.00 

1,300.00 

800.00 



88,000.00 



5,000.00 

5,000.00 
10,000.00 
10,000.00 

5,000.00 
12,000.00 

5,000.00 



MARKET 
VALUE. 



28 200.00 

7,700.00 

1,800.00 

800.00 



88,000.00 



5,250.00 

5,350.00 
10,400.00 
10,500.00 

5,400 00 
12,000.00 

5,000.00 



Digitized by 



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BANK COMMISSIONERS 7 BEPORT. 



41 



THE BROOKLYN SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DKSCBIFTION. 



TOWN, CITY, SCHOOL DISTRICT, AND COBP. BONDS. 
— CONTINUED. 



City of Cleveland, Ohio, 

44 Lima, 

44 South Bend, Ind., 

44 Sioux City, Iowa, 

4 * Kansas City, Kan., 

,4 Duluth, Minn., 

44 Omaha, Neb., 

44 South Omaha, 4f 

44 Pueblo, Col., 



44 Los Angeles, Cal., 
Town of Norwalk, Conn., 
Wash'gton Schl Diat., Hartford, 4s, 
No. East 44 44 " 8*8, 



4s, 
4s, 
6s, 
4*s, 

4*8, 

6s, 

4s, 
5s, 

58, 

6s, 

4*s, 

8*s, 

4s, 



1925, $ 

1913, 

1906, 

1909, 

1920, 

1915, 

1921, 

1913, 

1924, 

1906, 

1914, 

1908, 

1921. 

1919, 

1931, 



Totals, 



RAILROAD BOND8. 



Chicago & Northwestern : — 

Ottumwa, Cedar Falls & St. Paul, 5s, 1909, $ 
Chicago, Milwaukee & St. Paul: — 

Mineral Point Division, 

Chicago & Pacific " 

Wisconsin & Minn. " 
Illinois Central: — 

8pringfield Division, 

Litchfield 

Omaha 
Minneapolis & St. Louis, 



5s, 

68, 

5s, 

8*8, 

8s, 



1910, 
1910, 
1921, 



Sunbury, Hazelton & Wilkesbarre, 

Evansville & Terre Haute, 

Staten Island, 

Hereford, 

Eastern R.R. of Minnesota, 

New York & Long Branch, 

Chicago, Rock Island & Pacific, 

Ashland Coal & Iron, 

Chicago A Eastern Illinois, 

C, B. & Q., Illinois Division, 

Sioux City A Pacific, 

Burlington, Cedar Rapids & North'n, 

St. L., 1 Mt. & South'n, R. & G. Div., 



5s, 

4s, 

5s, 

5s, 

4*8, 

4s, 

4s, 

4s, 

4b, 

4s, 

5s, 

8*8, 
8*8, 

5s, 

4s, 



1951, 
1951, 
1951, 
1934, 
1949, 
1928, 
1980, 
1943, 
1930, 
1948, 
1941, 
1988, 
1925, 
1937, 
1949, 
1986, 
1934, 
1983, 



Totals, 
Bark— 4 



PAR 
VALUE. 



15,000 00 

10,000 00 

10,000.< 

5,000.00 

4.900.00 

10,000.00 

14,000.00 

14.000.00 

5,000.00 

11,000.00 

5,000.00 

5,000 00 

10,000.00 

5,000.00 

10,000.00 



185,900.00 



20,000.00 

10,000.00 

16,000.00 

5,000.00 

5,000.00 
10.000.00 
10,000.00 
15,000 00 
20,000.00 

7,000 00 

5,000 00 
12,000.00 
10.000.00 
10,000.00 
11,000.00 
10,000 00 
10,000.00 
15,000.00 
10,000.00 
10,000.00 
15,000.00 

5,000.00 



BOOK 
VALUE. 



15,000.00 

10,000.00 

10,000.00 

5.000.00 

4,900.00 

10,000.00 

14,000.00 

14.000.00 

5,000.00 

11,000.00 

5,000.00 

4,900.00 

10,000.00 

5,000.00 

10,000.00 



185,800.00 



20,000.00 

10,009.00 

16,000.00 
5,000.00 

5.000 00 

9,000 00 

9,000.00 

15,000 00 

20,000.00 

7,000.00 

5,000.00 

12,000 00 

10,000.00 

10,000.00 

11,000.00 

10,000.00 

10,000.00 

15,000.00 

9,500 00 

9,500.00 

15,000.00 

4,500.00 



MARKET 
VALUE. 



15,8C0.00, 

10,150.00 

10.30U.C0 

5,150.C0 

5,250.CO 

11,800.00 

14,900.00 

15,850.00 

5,200.00 

11,500.00 

5.300.00 

5,000.00 

10,600.00 

5.300.00 

10,000.00 



195,500.00 



20,900.00 

10,650.00 

17,900.00 

5,800.00 

5,000.00 

9,000.00 

9,000.00 

17,700.00 

20,000.00 

7,500.00 

5,100.00 

12.000.00 

10,500.00 

10,500.00 

11,600.00 

10.500.00 

10,000.00 

18,000.00 

9,550.00 

9,650.00 

18,800.00 

4,800.00 



$ 241,000.00 237,500.00 263,950.00 
Digitized by LjOOSlC 



>g l 



42 



BANK COMMISSIONERS' REPORT. 



THE BROOKLYN SAVINGS BANK.— Continued. 
INVESTMENTS.— Conthtord. 



DESCRIPTION. 


PAR 


BOOK 


MARKET 




VALUK. 


VALUE. 


VALUE. 


BANK STOCKS. 








50 shares Windham Co. Nat., Danielson, Conn. $ 


5,000 JM) 


5,000.00 


5,000.00 


80 " First 4< Norwich, 


3,000.00 


8,000.00 


2,400.00 


100 " Thames 


10,000.00 


10,000.00 


17,000.00 


25 " Merchaots " •• " 


2,500 00 


2,600.00 


2,750.00 


10 " First " Meridcn, 


1,000.00 


1,000.00 


2,000.00 


7 " Home 


700.00 


700.00 


900.00 


5 •' Second •' New Haven, " 


500.00 


600.00 


1,000.00 


85 " Merchants " •' 


1,750.00 


1,750.00 


2,275.00 


10 " City " Danbury, 


1,000.00 


1,000.00 


1,050.00 


Total* $ 


25,450.00 


25,450.00 


34,375.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 1,954; total amount, $503,293.91 

2 Number of depositors having $1,000 and 

not over $2,000, .... 258; total amount, 846,996.61 
8 Number of depositors having over $2,000 

and not over $10,000, . 131; total amount, 401,466.86 

4 Number of depositors having over $10,000, 1; total amount. 10 200.00 

5 Total number of depositors, . . . 2,844; total deposits, $1,261,956.88 

6 Largest amount due a single depositor 10,200.00 

7 Number of accounts opened during the past year, 242; number 

closed, 228; increase, 14. 

8 Amount deposited, including interest credited, during the past 

year, 175,788.97 

9 Amount withdrawn during the past year, 147,615.94 

10 Amount of increase, 28,173.03 

11 Total of interest and profit and loss, and rent ac- • 

counts per last report, $11,526.48 

12 Amount of income received during the year, . 60,585.70— 72,112.18 
18 Total expenses, including salaries, during the 

year, 8,286.33 

14 State tax during the year 2,610.22 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, . . 811.25 

17 All other amounts charged off 1,819.62 

18 Dividends, 2 per cent, paid Mch. 1, 1904; amount, 24,221.76 

2 per cent, paid Sept. 1, 1904; amount, 24,507.27 

19 Net amount carried to surplus 

20 Total of interest and profit and loss and rent ac- 

counts per this report 15,355.73— 72,112.18 

21 Amount of past-due paper at this time is 2,860.00- 

22 Amount of assets yielding no income the past 

year, 5,000 bank stock, $7,860.00 

28 Loans on real estate — are they all first mortgages ? . Yes 

Digitized by LjOOQ IC 



BANK COMMISSIONED' REPORT. 



48 



THE BROOKLYN SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 
26 Largest amount of personal loan to any one individual, firm. 



20 

27 

28 
29 



company, society, or corporation, 
Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 
Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Wednesday in July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, third Wednesday in July. 



(25,000.00 
12,500.00 
16,600.00 

891.60 



Officers.— John Waldo, President; David Greenslit, Vice-President; Clarence 
A. Potter, Treasurer. Directors or Trustees:— Alfred Pray, Prank H. Tillinghast, 
Wm. H. Burnham, Charles Bragg. H. C. Atwood, James M. Pains, J. Austin 
Williams, John Waldo, Claramon Hunt, David Greenslit, Timothy Parker, C. A. 
Potter. 



Digitized by 



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44 



BANK COMMISSIONERS' REPORT. 



THE BURRITT SAVINGS BANK, NEW BRITAIN. 

W. E. Attwood, Treasurer. Incorporated, 1889. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . 1864,860.00 

Loans on collateral security, 129,800.00 
Loans on personal security 

only, .... 24,500.00 
Town, city, and borough 

notes and orders, 12,500 00 

Bank stocks in Connecticut, 97.868.00 

Railroad bonds, . . . 828,650.00 

Profit and loss account, 668 46 

Cash in banks, 16,479.86 



Total Assets, 



(964,215.82 



LIABILITIES. 



Whole amount of deposits, $948,616.82 
Surplus account, 15,600.00 



Total Liabilities, . . $964,215.82 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITT, AND BOROUGH NOTES AND ORDERS. 

Town of New Britain $ 



RAILROAD BONDS. 

Chi., Milwaukee & St. Paul :— 

(C. & P. W. Div.), 

<fc St. Paul, gen., 
•< tt t% •< 

" (Wis. & Minn. Div.), 
Chicago, Rock Island & Pacific, 
Central R. R. of New Jersey, 
St. Paul, Minn. A Manitoba, 

Willmar & Sioux Falls, 
Chi., St. Paul, Minn. & Omaha, 
Chi. , St. Louis and New Orleans, 
Burlington, Cedar Rapids & Nor., 
Chicago & Eastern Illinois, 
St. Paul & Sioux City, 
Minneapolis & St. Louis, 
N. Y..N. H. &H. R. R. Co., 
Chi., Burlington & Quincy, 
(Iowa Division), 



OS i 

4s, 

3*8, 

6s, 

4s, 

6s, 

6e, 

4*8, 
68, 

6 
5s, 
5s, 
6e, 
5«. 
8*s, 



1921, $ 

1989, 

1989, 

1921, 

1988, 

1987, 

1988, 

1988, 

1988, 

1980, 

1951, 

1934, 

1987, 

1919, 

1984, 

1954, 



4s, 1919, 



Totals, 



PAR 
VALUE. 



BOOK 
VALUE. 



12,500.00 



25,000.00 
10.000.00 
15,000.00 
10,000.00 
20,000.00 
20,000 00 
11,000.00 
25.000.00 
20,000.00 
80,000.00 
20,000.00 
25,000.00 
10,000.00 
10.000.00 
15,000.00 
10,000.00 



12,500.00 



28.750.00 
10,000.00 
14,700.00 
11,500 00 
20,000.00 
25,950.00 
14,680.00 
27,500.00 
24,600.00 
41,200.00 
25,200.00 
80,100.00 
12,200 00 
12,700.00 
18,050 00 
9,450.00 



2,000.00 2,020.00 



MARKET 
VALUE. 



12,500.00 



29.000.00 
10,900.00 
14,550.00 
11,500.00 
20,800.00 
26,400.00 
14,680.00 
27,500.00 
28,400.00 
89,900.00 
24,800.00 
29,500.00 
11,800.00 
12,100.00 
17,250.00 
9,450.00 

2,020.00 



$1 278.000.00l 828,550.00 325,500.00 

Digitized by LjOOQ IC 



BANK COMMISSIONERS EEPOET. 



45 



THE BURRITT SAVINGS BANK, NEW BRITAIN.— Continued. 
INVESTMENTS.— Continued. 





DESCRIPTION. 


PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 




BANK 8TOCK8. 








135 shares Mechanics National, New Britain, $ 


12,500.00 


15,905.00 


21,250.00 


77 


44 New Britain National. 


7,700.00 


11,935.00 


11.550.00 


85 


" Home National, Meriden, 


8,500.00 


4,200. ('0 


4.200.00 


20 


South in eton National, 
41 Fourth National, Waterbury, 


2,000.00 


2,000.00 


2,000.00 


66 


6,000.00 


7,990.00 


7,800.00 


50 


44 Bristol 


5,000.00 


8,600.00 


8,500.00 


20 


" jEtna " Hartford, 


2,000.00 


8,100.00 


8,800.00 


20 


'• Deep River •« 


2,000.00 


1,900.00 


2,200.00 


10 


44 Hartford 


1,000.00 


1,250.00 


1,800.00 


10 


• 4 Thomaston " 


1,000.00 


1,000.00 


1,000.00 


20 


44 City Bank, Hartford, 


2,000.00 


2,000.00 


1,600.00 


22 


44 Uncas " Norwich, 


2,200.00 


2,200.00 


2,200.00 


10 


" City " 8o. Norwalk, 


1,000.00 


1,750.00 


1,750.00 


10 


44 Thames t4 Norwich, 


1,000.00 


1,500.00 


1,550.00 


10 


44 First 44 Meriden, 


1,000 00 


2,000.00 


1,850.00 


20 


fi Yale if New Haven, 


2,000.00 


2,530.00 


2,500.00 


4 


" Hurlburt 4< Winsted, 


400.00 


600.00 


600.00 


20 


44 Middletown " 


1,500.00 


2,000.00 


2,100.00 


10 


44 Torrington *' 


1,000.00 


1,000.00 


1,050.00 


10 


44 Connecticut " Bridgeport, 


1,000.00 


1,500.00 


1,550.00 


20 


" National Commerce, New London, 


2,000.00 


8,100 00 


2,800.00 


20 


44 National Whaling, 


500.00 


1,200.00 


900.00 


10 


" First National, . Stamford, 


1,000.00 


2,250.00 


2,000.00 


10 


44 Union Bank, New London, 


1,000.00 


1,000 00 


1,060.00 


5 


44 Manufacturers Nat., Waterbury, 


500.00 


500.00 


600.00 


80 


44 Merchants 4 * New Haven, 


1,500.00 


1,500 00 


1,725.00 


20 


44 Mystic River 44 
44 Waterbury 


1,000.00 


1,200.00 


1,200.00 


20 


1.000.00 


1,600.00 


1,600.00 


15 


44 Central <4 Norwalk, 


1,500.00 


1,500.00 


1,500.00 


10 


44 Fairfield County National, ,4 
44 Conn. Trust A Safe Deposit Co., 


1,000.00 


950.00 


900.00 


10 


1,000.00 


2,250 00 


2,050.00 


10 


4 4 Charter Oak Nat. , Hartford, 


1,000.00 


1,000.00 


1,000 00 


8 


44 American 


400.00 


608.00 


552.00 


85 


44 Wallingford 44 
totals, $ 


8,500.00 

72,700.00 

1 


8,850.00 


8,850.00 


1 


97.868.00 


102,077.00 



MISCELLANEOUS ITEMS. 



Number of depositors having less than 

$1,000 1,490; total amount, 

Number of depositors having $1,000 and 

not over $2,000, .... 
Number of depositors having over $2,000 

and not over $10,000, 
Number of depositors having over $10,000, 



247; total amount, 

91 ; total amount, 
0; total amount, 



$852,664.57 

302,588.84 

293,412.91 




Total number of depositors, 



1,828; total deposits, $948,615.82 

Digitized by LjOOSlC 



>g l 



46 



THE BDRRITT SAVINGS BANK, NEW BRITAIN.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

6 Largest amount due a single depositor, $9,049.08 

7 Number of accounts opened during the past year, 895; number 

closed, 280; increase, 115. 

8 Amount deposited, including interest credited, during the past 

year 810,882.22 

9 Amount withdrawn during the past year, 199,522.86 

10 Amount of increase, 110,859.86 

11 Debit to profit and loss account per this report, . $668.46 

12 Amount of income received during the year, 48,628.17— 44,296.68 
18 Total expenses, including salaries, during the 

year, 2,543.74 

14 State tax during the year 1*731.59 

15 Town and city taxes and assessments paid, ■ 

16 Net amount of premiums charged off, 3,525.00 

17 All other amounts charged off, .... 107.19 

18 Dividends, 2 percent, paid April 1, 1904; amount, 16,211.26 

2 percent, paid Oct. 1, 1904; amount, 17,284.80 

19 Net amount carried to surplus, .... 2,500.00 

20 Debit to profit and loss account per last report, . 448.05— 44,296.68 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate — are they all first mortgages ? . Tea 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 15,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 18,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 17,500.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, January. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, January. 

Officers. — President, L. H. Pease ; Treasurer, W. E. Attwood ; Directors or 
Trustees, W. L. Damon, Denis Ribrdon, Ira E. Hicks, F. L. Hungerford, Isaac 
Porter, H. B. Boardman, W. E. Latham, E. W. Thompson. 



Digitized by LjOOQIC 



BANK COMMISSIONERS' REPORT. 



47 



CANAAN SAVINGS BANK. 



John B. Reed, Treasurer. Incorporated, 1872. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, . 


$46,326.54 


Whole amount of deposits, 


$225,801.62 


Loans on collateral security, 


1,900.00 


Surplus account, 


6,500.00 


Loans on personal security 




Interest account, less cur- 




only, .... 


6,084.28 


rent expenses, and taxes 




Town, city, and borough 
notes and orders, 




paid, 


7,055.49 


2,500.00 


Profit and loss account, 


2,721.38 


Town, city, school district, 








^and corporation bonds, . 


59,000.00 






Railroad bonds, . 


99,250.00 






Bank stocks in Connecticut, 


2,500.00 






Bank stocks in other states, 


1,500 00 






Safe and fixtures, 


507.95 






Premium account, 


7,648.75 






Cash in banks and trust 








^companies. 


14,408.49 






Cash in vault, 


452.48 


Total Liabilities, . 




Total Assets, 


$242,078.49 


$242,078.49 



INVESTMENTS. 



DESCRIPTION. 




PAR 

VALUE. 


BOOK 
VALUE. 

2,500.00 

5,000.00 
6,000.00 
2,000.00 
2.000.00 
29,000.00 
5,000.00 
5.000.00 
5,000.00 


MARKET 

VALUE. 


TOWN, CITY, AND BOROUGH NOTES A3 

Town ol North Canaan, Conn., Order 

TOWN, CITY, SCHOOL DISTRICT, AND CC 

Birmingham, Conn., 4s, 
Danbury, t$ 4s, 
Southington, " 4s, 
Middletown, " B^s, 
North Canaan, " Opt., 3*8, 
Worcester, Mass., 4s, 
Newark, N. J., 4s, 
Toledo, Ohio, 4s, 


TO ORDERS. 
8,. . $ 
>RP. BONDS. 

1908, $ 

1905-11, 

1927, 

1909, 

1921, 

1938, 

1922, 

1944, 

$ 


2,500.00 

5,000.00 
6,000.00 
2,000 00 
2,000 00 
29.000 00 
5.000.00 
5,000.00 
5,000. 00 


2,500.00 

5,100.00 
6,100.00 
2,100.00 
2,000.00 
29,000.00 
5,600.00 
5,500.00 
5,200.00 


Totals, 


59,000.00 

10,000.00 
15,000 00 
10.000.00 
10,000.00 


59,000.00 

10.000.0f 
15,000.00 
10,000.00 
10,000.00 


60,600.00 

12,000.00 
15.600.00 
11,700.00 
10,800.00 


RAILROAD BONDS. 

Chicago, Rock Island & Pacific, 6s, 

4s, 
Chicago & Eastern Illinois, 5s, 
Chicago, Milwaukee & St. Paul, 4s, 


1917, $ 
1988. 
1937, 
1989, 



Digitized by 



Google 



48 



BANK COMMISSIONERS' REPORT. 



CANAAN SAVINGS BANK.— Continued. 



INVESTMENTS.- Continued. 



DESCRIPTION . 



PAR 

VALUE. 



RAILROAD BONDS. — CONTINUED. 

Chicago, Burlington &Quincy, 8*8, 1949, 

Illinois Central (Louisville Div.), Sis, 1953, 

Minneapolis & St. Louis, 4s, 1949, 

N. Y. Central & Hudson River, 8*8, 1997, 

St. Paul, Minnapolis & Manitoba. 4s, 1937, 

New London Northern, 4s, 1910, 



Totals $ 100,000.00 



BANK STOCKS. 

20 shares National Iron, Falls Village, Conn., $ 
5 " Conn. National, Bridgeport, " 
5 " Citizen's Cent. National, N. Y. City, 

10 " Fourth 



Totals, $ 4,000.00 



5,000.00 
10,000.00 
15,000.00 
10,000.00 
10.000.00 

5,000.00 



2,000 00 
500.00 
500.00 

1,000.00 



BOOK 
VALUE. 



4,700.00 

9,850.00 
15,000.00 

9,700.00 
10,000.00 

5,000.00 



99,250.00 



2,000.00 
500.00 
500.00 

1,000.00 



4,000.00 



MARKET 
VALUE. 



4,700.00 

9,500.00 
14,250.00 

9,900.00 
10,200.00 

5,100.00 



103,750.00 



2,000.00 
750.00 
750.00 

2,200.00 



5,700.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 771; total amount, $158,063.38 

2 Number of depositors having $1,000 and 

not over $2,000 43; total amount, 55,024.98 

8 Number of depositors having over $2,000 

and not over $10,000, .... 6; total amount, 17,718.86 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . 820; total deposits, $225,801.62 

6 Largest amount due a single depositor, 4,866.84 

7 Number of accounts opened during the past year, 154 ; number 

closed, 120 ; increase, 84. 

8 Amount deposited, including interest credited, during the past 

year, 71,569.76 

9 Amount withdrawn during the past year, 63,823.87 

10 Amount of increase, 7,745.89 

11 Total of interest and profit and loss, and rent 

accounts per last report, .... $9,820.42 

12 Amount of income received during the year, . 9,574.29— 18,894.71 
18 Total expenses including salaries during the 

year 948.19 

14 State tax during the year 841.08 

15 Town and city taxes and assessments paid, . 

16 Net amount of premiums charged off, . . 85.00 

17 All other amounts charged off, ..... 63.81 

Digitized by LjOOQIC 



BANK COMMISSIONERS' BEPOBT. 



49 



CANAAN SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 



18 
19 



21 
22 
28 
24 



26 
27 



29 
SO 



$8,528.19 

8,701.57 

500.00 



9,776.87— 



Dividends, If per cent, paid Oct. 1, 1908; amount, 
If per cent paid April 1, 1904; amount, 

Net amount carried to surplus 

Total of interest and profit and loss, and rent 

accounts per this report, .... 
Amount of. past-due paper at this time is 
Amount of assets yielding no income the past year, 
Loans on real estate — are they all first mortgages ? 
Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, .... 
Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 

Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Tuesday in July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, second Tuesday in July. 



18,894.71 



5,100.00 

Yes 

5,000.00 

1,800.00 

1,500.00 






Officers.- President, George W. Cowdrey ; Treasurer, John B. Reed ; Di- 
rectors or Trustees, George W. Cowdry, John B. Reed, Joseph W. Peet, Jay A. 
Underwood, George S. Fuller, Geo. L. Parsons, Geo. S. Dunning N. L. Jackson, 
Fred R. Collier. 



Digitized by 



Google 



50 



BANK COMMISSIONED* REPORT. 



CHELSEA SAVINGS BANK, NORWICH. 

George D. Coit, Treasurer. Incorporated, 1868.. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 


Loans on real estate, . I 


11,421,477.50 


Whole amount of deposits, $7,731,109.85 


Loans on collateral security 


209,570.00 


Surplus account, 260,000.00 


Loans on personal security 




Interest account, less cur- 


only, .... 


62,186.00 


rent expenses, and taxes 


Town, city, and borough 




paid 9,967.99 


notes and orders, . 


51,000.00 


Profit and loss account, . 151,315.91 


School district notes and 






orders, .... 


47,530.00 




Town, city, school district, 






and corporation bonds, . 
Railroad bonds, 


1,947,275.00 




4,046,612.50 




Bank stocks in Connecticut, 


20,000.00 




Bank stocks in other states, 


84,000.00 




Real estate by foreclosure, 


17,496.84 




Banking house, 


25,000.00 




Insurance and taxes ad- 






vanced on real estate 






mortgaged, . 


68.50 




Premium account, . 


96,628.66 




Rent account, . 


18.81 




Cash in banks, . 


96,648.82 


, 


Cash in vault, . 


16,998.63 
>8,142,898.75 




Total Assets, . i 


Total Liabilities, . $8,142,898.75 



INVESTMENTS. 



DESCRIPTION. 


FAR 
VALUE. 


BOOK 

VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND 
ORDERS. 

Town of Killingly, Conn $ 

" Sprague, '•.... 
City of Norwich, 


20,000.00 
14,000.00 
17,000.00 


20,000.00 
14,000.00 
17,000.00 


20,000.00 

14,000.00 
17,000.00 


Totals, $ 

SCHOOL DISTRICT NOTES AND ORDERS. 

Twelfth, Griswold, $ 

Shetucket, Norwich, et al. t . 

West Chelsea, Norwich, .... 

West Town Street,' Norwich, 


51,000.00 

24,500.00 
800.00 

22,100.00 
630.00 


51,000.00 

24,500.00 
300.00 

22,100 00 
630.00 


61,000.00 

24,500.00 
300.00 

22,100.00 
630.00 


Totals, $ 


47,580.00 


47,580.00 


47,580.00 



Digitized by LjOOSlC 



>g l 



BANE COMMISSIONERS EEPOET. 



51 



CHELSEA^ SAVINGS BANK, NORWICH.— Continued. 
INVESTMENTS.— Costinckd. 







PAR 


BOOK 


MARKET 


DESCRIPTION. 


D CORPORA- 


VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AN 








TION BONDS. 










City of Los Angeles, Gal., 4}s, 


1918-82, $ 


100,100.00 


100,100.00 


112,112.00 


48, 


1910-88, 


81,175.00 


81,175.00 


82,844.06 


' ■ Colorado Bpr'gB, Col. , 4s, 


1916, 


80,000.00 


80,000.00 


80,000.00 


" 4s, 


1916, 


84,000.00 


84,000.00 


84,000.00 


4t Pueblo, Col., 5s, 


1918, 


100,000.00 


100,000.00 


111,000.00 


Town of Bristol, Conn. , 4s, 


1927, 


44,000.00 


44,000.00 


46,640.00 


" Colchester, " 4i, 


1908-84, 


26,000.00 


26,000.00 


26,520.00 


8*8, 


1988-55, 


28,000.00 


28,000.00 


28.000.00 


" Essex, •• Srfft 


9,1928, 


22,000.00 


22,000.00 


22,220.00 


'• Greenwich, " 4s, 


1912, 


i 160,000.00 


.160,000.00 


160,000.00 


" Old Saybrook,Conn. , 4f s, 


1914, 


14,000.00 


14,000.00 


14,840.00 


Vernon, " 8s, 


1906, 


60,000.00 


60,000.00 


58,800.00 


City of New Britain, « • 4s, 


1932, 


25,000.00 


25.000.00 


26,500.00 


" Rockville, " 4s, 


1927, 


55,000.00 


55,000.00 


57,750.00 


•• Chicago, 111., 4s, 


1921, 


100,000.00 


100,000.00 


108.000.00 


' * Kansas City, Kan. , 5b, 
•" Duluth, Minn., 4s, 


1928, 


100,000.00 


100,000.00 


115,000 00 


1921, 


80,000.00 


80,000.00 


80,000.00 


4*8, 


1922, 


20,000.00 


20,000.00 


21,800.00 


" Omaha, Neb., 5s, 


1912, 


93,000.00 


93,000.00 


99,045.00 


5s, 


1918, 


85,000.00 


35,000.00 


87,625.00 


4*8, 


1988, 


125,000 00 


125.000.00 


186,250.00 


" South Omaha, Neb., 5s, 


1905-28, 


52,000.00 


52.000 00 


53,560.00 


5s, 


1924, 


26,000.00 


26,000.00 


26,910.00 


■• Hoboken, N. J. f 4s, 


1917, 


10,000.00 


10.000.00 


10,800.00 


4s, 


1918-26, 


90,000.00 


90.000.00 


93,150.00 


Paterson, *' 5s, 


1915-7, 


25,000.00 


25,000.00 


27,625.00 


4s, 


1920, 


25,000.00 


25,000.00 


25,875.00 


i« << tt ^ 


1939, 


70.000.00 


70,000.00 


72.695.00 


" N.Y.(Gravesend),N.Y.,5s! 


1934. 


8.000.00 


8,000.00 


9,920.00 


" Columbus, Ohio, 5s, 


1913, 


50,000.00 


50,000.00 


54,500.00 


4*s, 


1921, 


20,000.00 


20,000.00 


21,800.00 


4s, 


1927, 


50,000.00 


50,000.00 


51,750.00 


'• Lima, " 4s, 


1916-22, 


50,000.00 


50,000.00 


50.000.00 


" Toledo, •• 4s, 


1922, 


27,000.00 


27,000.00 


27.675.00 


48, 


1925, 


25,000.00 


25.000.00 


25,625 00 


4s, 


1942, 


7,000.00 


7,000 00 


7,175.00 


" Portland(AJbina),Ore.,6s, 


1921, 


10,000.00 


10,000.00 


12,450.00 


'• Pawtucket, R. I., 4s, 


1934, 


20,000.00 


20,000 00 


20,900.00 


4s, 


1937, 


80,000.00 


80,000.00 


83,600 00 


" Oshkosh, Wis., 4s, 


1918, 
• ■ % 


75,000.00 


75,000.00 


75.750.00 


Totals 


1,947,275.00 


1,947,275.00 


2,048,706.06 



Digitized by 



Google 



52 



BANE COMMISSIONERS' BEPOKT. 



CHELSEA SAVINGS BANK, NORWICH.— Continued. 
INVESTMENTS.— Cohtihubd. 







PAR 


BOOK 


MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. 










Chic, Bur. & Quincy (111. Div.), 3*8, 


1949, $ 


800,000.00 


281,312.50 


282,750.00 


" " 48, 


1949, 


100,000.00 


100.000.00 


105,250.00 


" '• Neb. Ex., 4s, 


1927, 


100,000.00 


100,000.00 


105,500.00 


Chicago & Eastern Illinois, 5s, 


1937, 


800,000.00 


800,000.00 


860.000.00 


Chicago, Hammond & Western, 6s, 


1927, 


80,000.00 


30,000.00 


37,200.00 


Chicago, Milwaukee & St. Paul, 4s, 


1989, 


850,000.00 


850,000.00 


882,375.00 


Dakota <& Great Southern, 5s, 


1916, 


20,000.00 


20,000.00 


22,875.00 


Dubuque Division, 6s, 


1920, 


16.000.00 


16,000.00 


19,920.00 


La Crosse & Davenport Div., 5s, 


1919, 


25,000.00 


25,000.00 


28,625.00 


Wisconsin Valley, 7s, 


1909, 


37,000.00 


87,000.00 


41,440.00 


Chicago & Northwestern : — 










Cedar Rapids & Missouri R., 7s, 


1916, 


46,000.00 


45.000.00 


56,700.00 


Chic, St. Paul, M. & Omaha, 6s, 


1930, 


229,000.00 


229,000.00 


808,005.00 


3*8, 


1930, 


100,000.00 


95,000 00 


94,000.00 


Madison Extension, 7s, 


1911, 


43,000.00 


48,000.00 


50.740.00 


St. Paul & Sioux City, 6s, 
Chicago, Rock Island & Pacific, 4s, 


1919, 


62,000.00 


52,000.00 


64,480.00 


1988, 


300,000.00 


800,000.00 


314,250.00 


Bur., Cedar Rap. & Northern, 6s, 


1934, 


125,000.00 


125,000.00 


148,906.25 


Cedar Rapids, Iowa Falls & 










Northwestern, 5s, 


1921, 


5,000.00 


5,000.00 


5,581.25 


Cleveland & Mahoning Valley, 5s, 


1988, 


100,000.00 


100,000.00 


115,250.00 


Erie, Buffalo, New York & Erie, 7s, 


1916, 


50,000.00 


50,000.00 


62,625.00 


Elmira State Line, 7s, 


1905, 


17,000.00 


17,000.00 


17,595.00 


Goshen & Deckertown, 6s, 


1928, 


10,000.00 


10,000.00 


12,300.00 


Newcastle & Shenango Valley, 6s, 


1917, 


5,000.00 


5,000.00 


5,650.00 


Evansville & Terre Haute, 5s, 


1980, 


85,000.00 


85,000.00 


35.000.00 


Gt. Northern, Eastern of Minn., 4s, 


1948, 


200.000.00 


200,000.00 


200,000.00 


Montana Central, 6s, 


1938, 


50,000.00 


50,000.00 


66,250.00 


St. Paul, Minn. & Manitoba, 4*8, 


1983, 


150,000.00 


150,000.00 


165.000.00 


6s, 


1933, 


50,000.00 


60,000.00 


67,000.00 


St. Paul, M. & M., Dak. Ex., 6s, 


1910, 


140,000.00 


140,000.00 


156,800.00 


" Mon. Ex., 4s, 


1937, 


50,000.00 


50,000.00 


51,500.00 


Willmar & Sioux Falls, 5s, 


1988, 


100.000.00 


100.000.00 


117,500.00 


Illinois Central, 3*s, 


1951, 


60,000.00 


50,000.00 


46,100.00 


Chic. , St. L. & New Orleans, 5s, 


1951, 


63,000.00 


68,000.00 


78,435.00 


Iowa Falls & Sioux City, 7s, 


1917, 


25,000.00 


25,000.00 


31,875.00 


Joliet & Northern Indiana, 7s, 


1907. 


50,000.00 


50.000.00 


54,000.00 


Louisville & Nashville — unified ,4s, 


1940, 


300,000.00 


297,800.00 


302,250.00 


Mineral Range, 5s f 
Minneapolis & St. Louis, 7s, 


1931, 


25.000.00 


25,000.00 


25.000.00 


1910, 


50,000.00 


60,000.00 


56,625.00 


5s, 


1934, 


45,000.00 


45,000.00 


52,200.00 


Pa., Cleveland & Pittsburg, 4*s, 


1942, 


50,000 00 


50,000 00 


56,250.00 


Southwest Pennsylvania, 7s, 


1917, 


56,000.00 


56,000.00 


72,240.00 


Sunbury & Lewiston, 4s, 


1936, 


125,000.00 


125,000.00 


125,781.25 


Terre Haute <fc Indianapolis, 5s ( 


1925, 


100.000.00 


100,000.00 


104,000.00 


Totals 


4,078,000.00 


4,046,612.50 


4,505,828,76 



Digitized by 



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BAITS. COMMISSIONEES BEPOBT. 



58 



CHELSEA SAVINGS BANK, NORWICH.— Continued. 
INVESTMENTS.— Contihum). 







PAK 


BOOK 1 


MARKET 




DESCRIPTION. 












VALUE. 


VALUE. j 


VALUE. 




BANK STOCKS. 








200 shares Thames National, Norwich, $ 


20,000 00 


20,000.00 


32,000.00 


100 " 


American Ex. Nat., New York, 


10.000.00 


10,000.00 


23,500.00 


53 " 


Citizens Central " " 


5.800.00 


5,300.00 


7,950.00 


125 " 


Commerce •• '• 


12,500.00 


12,500 00 


27,000.00 


14 «« 


Corn Exchange " 


1,400.00 


1,400.00 


5,580.00 


10 " 


First Nat., 


1,000.00 


1,000.00 


6,050.00 


120 " 


Fourth 


12.000.00 


12,000.00 


27,600.00 


180 " 


Hanover " " 


18,000.00 


18,000.00 


97,200.00 


80 " 


Imp'rt'rs & Trad'rs, • • • ' 


3,000.00 


3,000.00 


17,250.00 


100 " 


Merchaots 


5,000.00 


5,000.00 


8.750.00 


100 ,f 


Merchants Ex. 


5,000.00 


5,000 00 


8,000.00 


90 '• 


Nassau •• *' 


4,500 00 


4,500.00 


8,550.00 


25 " 


New York, N. B. A., 


2,500.00 


2,500.00 


7,125.00 


88 " 


Park National, 
1b $ 


3,800.00 


8,800.00 


19,000.00 


Tots 


104,000.00 


104,000.00 


295,505.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 7,903; total amount, $1,962,679.52 

2 Number of depositors having $1,000 and 

not over $2,000, ..... 1,214 ; total amount, 1,658,021.98 
8 Number of depositors having over $2,000 

and not over $10,000, .. 894 ; total amount, 8,292,715.15 

4 Number of depositors having over $10,000, 61 ; total amount, 822,693.20 

5 Total number of depositors, . . 10,072; total deposits, $7,781,109.85 

6 Largest amount due a single depositor $20,000.00 

7 Number of accounts opened during the past year, 1,447 ; num- 

ber closed, 1,208; increase, 239. 

8 Amount deposited, including interest credited, during the past 

year, 1,558,917.85 

9 Amount withdrawn during the past year, 1,283,137.67 

10 Amount of incresse, 275,780.18 

11 Total of interest and profit and loss, and rent ac- 

counts per last report, $169,257.47 

12 Amount of income received during the year, . 363,028.17— 582,280.64 

13 Total expenses including salaries during the year, 16,241.79 

14 SUte tax during the year, 17,507.90 

15 Town and city taxes and assessments paid, . 1,079.25 

16 Net amount of premiums charged off, . 84,230.51 

17 All other amounts charged off, .... 5,808.87 

18 Dividends, 2 per cent, paid March 1, 1904; amount, 146,867.51 

2 per cent, paid Sept. 1, 1904 ; amount, 149,274.72 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss, and rent ac- 

counts per this report 161,270.09— $582,280.64 

Digitized by LjOOQ IC 



54 bank commissionem* repobt. 



CHELSEA SAVINGS BANK, NORWICH.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

21 Amount of past due paper at this time is 

22 Amount of assets yielding no income the past year, . 12,985.84 

23 Loans on real estate — are they all first mortgages, Yes. 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 164,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 50,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, ...... 60,000.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, Third Wednesday in September. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, Third Wednesday in September. 

Officers. — President, Edward Harland; Vice-Presidents, Frederick S. Camp, 
Henry H. Gallup, David A. Billings ; Directors, George D. Coit, Wm. N. Black, 
stone, John C. Averill, Charles H. Preston, Charles E. Chandler, Winslow T. Wil- 
liams. Arthur J. Dawley, Frank W. Browning, Henry G. Peck ; Attorney, Wal- 
lace S. Allis ; Secretary and Treasurer, George D. Coit ; Assistant Treasurer- 
Charles B. Chapman. 



Digitized by LjOOQIC 



BAtfX COMMISSIONERS* REPORT. 



65 



CHESTER SAVINGS BANK. 

Charles E. Smith, Treasurer. Incorporated, 1871. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, $153,237.00 

Loans on collateral security, 2,000. 00 
Loans on personal security 

only, .... 1,499.00 
Town, city, and borough 

notes and orders, . 18,000.00 
Town, city, school district, 

* and corporation bonds, . 55,209.67 

Railroad bonds, . 136,272.00 

Bank stocks in Connecticut, 88, 130.00 

Bank stocks in other states, 1,200. 00 

Real estate by foreclosure, 989.61 

Banking house, . 7,215.86 
Insurance and taxes ad- 
vanced on real estate 

mortgaged, 254.40 

Cash in banks, . . 10,708.05 

Cash insult, . 1,536.54 



Total Assets, 



$426,252.13 



LIABILITIES. 



Whole amount of deposits, $403,445.93 
Surplus account, . 20,000.00 
Interest account, less cur- 
rent expenses and taxes 
paid 2,806.20 



Total Liabilities, 



$426,252.13 



INVESTMENTS. 



DESCRIPTION. 




PAR 


BOOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 








Town of Chester, notes, . 




. $ 


15,500.00 


15,500.00 


15,500.00 


" Killingworth, notes, 




. . .$ 


2,500.00 


2,500.00 


2,500.00 


Totals, 


18,000.00 


18,000.00 


18,000.00 


TOWN, CITY, SCHOOL DISTRICT 


, AND CORPORATION 








BONDS. 












Colorado Springs, Col., 


4s, 


1949, $ 


8,000.00 


7,885.00 


8,200.00 


Windham, Conn., 


48, 


1925, 


500.00 


600.00 


520.00 


Kansas City, Kan., 


6s, 


1915, 


5,000.00 


5,000.00 


5,950.00 


Lexington, Ky., 


4*s, 


1920, 


8.000.00 


3,000.00 


8,200.00 


Omaha, Neb., 


5s, 


1912, 


5,000.00 


5,000.00 


5,800.00 


fi <« 


4*s, 


1934, 


3,000.00 


3,280.00 


3,800.00 


Paterson, N. J., 


4s, 


1949, 


10,000.00 


10,515.00 


10,590.00 


Cleveland, O., 


4s, 


1922, 


5,000.00 


5,200.00 


5,250.00 


Portland, Ore , 


5s, 


1922, 


5,000.00 


5,000.00 


5,800.00 


*« it 


4s, 


1928, 


6,500.00 


6,700.00 


6,760.00 


«i <f 


4s, 


1934, 
. . .$ 


8,000.00 


3,129.67 


8,120.00 


Totals, 


54,000.00 


55,209.67 


57,990.00 



Digitized by LjOOSlC 



>g l 



56 



BANK COMMISSIONEBS' EEPOBT. 



CHESTER SAVINGS BANK.— Continued. 
INVESTMENTS.— Contistjed. 



DESCRIPTION. 


PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. 








Atchison, Topeka & 8anta Fe, 4s, 1995, $ 


5,000.00 


4,000.00 


5,175.00 


Baltimore & Harrisburg, 5s, 1936, 


10,000.00 


10,000.00 


11,800.00 


Potomac Valley, 5s, 1941, 


5,000.00 


5 000.00 


5.875.00 


Central R. R. of New Jersey, 5s, 19«7, 


5,000.00 


5,000.00 


6,650 00 


Chicago & Eastern Illinois, 5s, 1937, 


10,000.00 


10,600.00 


11,900.00 


Chicago & Indiana Coal, 5s, 1986, 


10,000;00 


11,000.00 


11,650.00 


Chi., Mil. &St. Paul, Dubuque Div., 6s, 1920, 


6,000.00 


6,000.00 


7,62(T.OO 


Chi. & Northwestern, Menom. Ex., 7s, 1911, 


8.000.00 


3,000.00 


3.480.00 


Chicago & Northwestern, gen. mort., 6s, 1929, 
Chicago, Rock Island & Pacific, 4s, 1988, 
SaultSte. Marie & Southwestern, 5s, 1915, 


4,000 00 


3,000.00 


3,890.00 


10,000.00 


10,000.00 


10,425.00 


1.000 00 


1,000.00 


1,100.00 


St. Paul, Minneapolis & Manitoba, 6s, 1910, 


5,000.00 


5,000.00 


5,670.00 


4*s, 1933, 


2,000 00 


2,000.00 


2,165.00 


Wilmar & Sioux Falls, 5s, 1938, 


4,000.00 


4,500.00 


4.700.00 


Buffalo & Susquehanna, 4s, 1951, 


5,000.00 


4,950.00 


4,950.00 


Long Island, 4s, 1932, 


8,000.00 


8,000.00 


8,000.00 


Louisville & Nashville, 4s, 1940, 


5,000.00 


5,000.00 


5,025.00 


Mineral Range, 5s, 1981, 
Minneapolis* St. Louie, 5s, 1934, 


3.000.00 


8,000.00 


8,800.00 


5,000.00 


5,800.00 


5,900.00 


4s, 1949, 


10,000.00 


9,997.00 


9,800.00 


New York, New Haven & Hartford, 3*8, 1954, 


5,000.00 


4,800.00 


4,850.00 


Peoria & Pekia Union, 6s, 1921, 


5,000 00 


5,000.00 


6,225.00 


St. L., Iron Mt. & So., R. & G. Div., 4s, 1933, 


5,000.00 


4,625 00 


4,750.00 


Tuscarora Valley, 5s, 1917, 


5,000.00 


5,000.00 


5,500.00 


Eastern Railway of Minnesota, 4s, 1948, 


5,000.00 


5,000.00 


5,000.00 


Totals, . . . $ 


135,000.00 


186,272.00 


149,900.00 


BANK STOCKS. 








20 shares Central National, Norwalk, $ 


2,000.00 


2,000.00 


2,100.00 


80 ' 


1 Deep River " Deep River, 


8,000.00 


8,000.00 


9,120.00 


40 ' 


' First " Middletown, 


4,000.00 


4,000.00 


4,200.00 


40 • 


1 Fairfield County " Norwalk, 


4,000.00 


3,930.00 


4,000.00 


25 ' 


' Farmers' & Mech. ' ' Hartford, 


2,500.00 


3,000.00 


8,050.00 


25 • 


4 Home " Meriden, 


2,500.00 


2,600.00 


8,000.00 


30 ' 


' Middlesex Co. " Middletown, 


8,000.00 


2,960.00 


3,000.00 


10 ' 


1 Meriden " Meriden, 


1,000.00 


1,000 00 


1,200.00 


60 ' 


' National Exchange, Hartford, 


8,000.00 


8,000.00 


3,720.00 


20 • 


• National City, Danbury, 
' Phoenix National, Hartford, 


2,000 00 


2,000.00 


2,150.00 


25 « 


2,500.00 


2,740.00 


2,950.00 


60 ' 


Saybrook Bank, Essex, 


8,000.00 


8,000.00 


2,800.00 


24 ' 


Merchants Exchange Nat., New York, 


1,200.00 


1,200.00 


1,980.00 


T 


otals, $ 


88,700.00 


39,880.00 

m 


48,270.00 



Digitized by 



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BANK COMMISSIONED 7 EEPOBT. 



57 



MISCELLANEOUS ITEMS. 



9 
10 
11 

12 
13 
14 
15 
16 
17 
18 

19 
20 

21 
22 
23 
24 

25 

26 

27 

28 
29 

30 



Number of depositors haying less than 
$1,000 

Number of depositors having $1,000 and 
not over $2,000, .... 

Number of depositors having over $2,000 
and not over $10,000, 

Number of depositors having over $10,000, 



948; total amount, 

77; total amount, 

38; total amount, 
0; total amount. 



Total number of depositors, . . 1,063; total deposits, 

Largest amount due a single depositor 

Number of accounts opened during the past year, 127; number 

closed, 79; increase, 48. 
Amount deposited, including interest credited, during the past 

year, 

Amount withdrawn during the past year, . 

Amount of increase, 

Total of interest and profit and loss, and rent ac 

counts per last report, .... 
Amount of income received during the year, 
Total expenses, including salaries, during the year, 
State tax during the year, .... 
Town and city taxes and assessments paid, 
Net amount of premiums charged off,. 
All other amounts charged off, . 
Dividends, 2 per cent, paid Feb., 1904; amount 
2 per cent, paid Aug., 1904; amount. 
Net amount carried to surplus, .... 
Total of interest and profit and loss and rent ac- 
counts per this report, .... 
Amount of past-due paper at this time is . 
Amount of assets yielding no income the past year, . 
Loans on real estate — are they all first mortgages ? . 
Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation. 
Largest amount of personal loan to any one individual, firm 

company, society, or corporation 

Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation 

Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, Second Monday in July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, Second Monday in July. 



$175,751.41 

99,766.16 

127,928.36 


$403,445.98 
7,140.00 



88,853.41 
47,889.15 
41,014.26 



$2,559.51 

20,850.47— 

1,924.43 

624.90 

75.00 

1,752.64 

1,000.00 

7,159.55 

7,567.26 

500.00 

2,806.20— 



23,409.98 



28,409.98 





Yes. 

3,000.00 

500.00 

500.00 

12l!8o 



Officers.— President, E. C. Hungerford ; Treasurer, Charles E. Smith ; Di- 
rectors or Trustees, E. C. Hungerford, Julius Smith, S. W. Turner, Fish Shailer, 
C. N. Smith, P. S. Smith, C. R. Marvin, William Bristol, Charles E. Smith. 



Bank— 5 



Digitized by 



Google 



58 



BANK COMMISSIONERS' REPORT. 



CITIZENS' SAVINGS BANK OP STAMFORD. 
Walter E. Houghton, Treasurer. Incorporated, 186 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $1,642,042.00 

Loans on collateral security, 220,781.00 
Loans on personal security 

only 21,690.00 

Town, city, and borough 

notes and orders, . 28,500.00 
School district notes and 

orders 15,600.00 

Town, city, school district, 

and corporation bonds, . 100,000.00 

Railroad bonds, . 767,500.00 

Bank stocks in Connecticut, 87,000.00 

Real estate by foreclosure, 14,025.00 

Cash in banks, . . 8,174.61 



Total Assets, 



$2,905,212.61 



LIABILITIES. 

Whole amount of deposits, $2,798,492.50 

Surplus account, 100,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, . 8,288.65 

Profit and loss account, . 8,481.46 



Total Liabilities, . $2,905,212.61 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDER8, 

Town of Stamford, Conn., $| 25.000.00 



City of Stamford, 



Totals, 



SCHOOL DISTRICT NOTES AND ORDERS. 

Sound Beach, Conn., 
Noroton, 



PAR 

VALUE. 



8,500.00 



28,500.00 



6,500.00 
9,000.00 



Totals, $ 15,500.00 

TOWN, CITY, 8CHOOL DISTRICT, AND CORP. BONDS.! 



Borough of Stamford, Conn., 
Town of Stamford, •' 

City of Cincinnati, Ohio, 
City of New York, 

4< it 

" Brooklyn, N. Y., 



4s, 1906, 
4s, 1927, 
7^8, 1906, 
5s, 1915, 
6s, 1905, 
6s, 1924, 



20,000.00 
5,000.00 
1,000 00 
20,000 00 
10,000.00 
10,000.00 



BOOK 
VALUE. 



25,000.00 
3,500.00 



28,500.00 



6.500.00 
9,000.00 



15,500.00 



20.000.00 
5,000.00 
1,000.00 
20,000.00 
10,000.00 
10,000.00 



III ARRET 
VALUE. 



25.000.00 
3,500.00 



28,500.00 



6,500.00 
9.000.00 



15,500.00 



20,200.00 
5400 00 
1,050.00 
23.000.00 
10.200.00 
13,800.00 



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BANK COMMISSIONERS' BEPOET. 



59 



CITIZENS* SAVINGS BANK OF STAMFORD. -Continued. 
INVESTMENTS.— Cohtihued. 







FAR 


BOOK 


MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AND CORF. BONDS. 








— CONTINUED. 










City of Chicago, 111. , 4s, 


1921, $ 


20,000.00 


20,000.00 


21,300.00 


•• Paterson, N. J., 6s, 


1911, 

9 


14,000.00 


14,000.00 


15,260.00 


Totals, 


100,000.00 


100,000.00 


110,210.00 


RAILROAD BONDS. 










Peoria & Pekin Union Ry., lsts, 6s, 


1921, $ 


25,000.00 


25,000.00 


80,000.00 


Beach Creek Ry., lsts, 4s, 


1936, 


50,000.00 


50,000.00 


58,000.00 


N.Y., Lackawanna & West'n, lsts, 6s, 


1921, 


20,000.00 


20,000.00 


25,800.00 


Chicago, Rock Island & Pacific:— 










Firsts registered, 6s, 


1917, 


80,000.00 


80,000.00 


36,600.00 


General coupon, 4s, 


1988, 


50,000.00 


50,000.00 


52,500.00 


Chicago & Northwestern, cons., 7s, 


1915, 


25.000 00 


25,000.00 


31,500.00 


Chic, St. Paul, Minn. & Omaha, 6s, 


1930, 


25.000.00 


25,000.00 


83,750.00 


3*8, 


1980, 


50,000.00 


47,500.00 


47,000.00 


Pittsburg, Ft. Wayne & Chic, lsts, 7s, 


1912, 


10,000.00 


10.000.00 


12,000.00 


Morris & Essex, 7s, 


1914, 


80,000.00 


80,000.00 


89,000.00 


Minn. & St. Louis, 1st refdg., 4s, 
Chic, Milwaukee & St. Paul: — 


1949, 


50,000.00 


50,000.00 


47,000.00 










Chic. & Pacific Western Div., 6s, 


1921, 


75,000.00 


75,000.00 


87,375.00 


General Gold, Series A, 4s, 


1989, 


50,000.00 


50,000.00 


55.000.00 


•• Series B, Sis, 


1989, 


50,000.00 


50,000.00 


47,500.00 


Chic. & E. Illinois, con., lsts, 5s, 


1937, 


75,000.00 


75,000.00 


90,000.00 


St. Paul, Minneapolis & Manitoba: — 










First consolidated, 6s, 


1938, 


20,000.00 


20,000.00 


26,800.00 


" " reduced to 4js, 


1933, 


50,000 00 


50,000.00 


55,500.00 


Montana Central, lsts, 6s, 


1987, ' 


10,000.00 


10,000.00 


18,200.00 


5s, 


1937, 


25.000.00 


25,000.00 


29,250.00 


Bur., Cedar Rap. & North'n cons., 5s, 


1934, 


25,000.00 


25,000.00 


29,250.00 


N. Y., N. H. & H. R. R. Co. :— 










Harlem & Portchester Div., 4s, 


1954, 

$ 


25,000.00 


25,000.00 


26,750.00 


Totals 


770,000.00 


767,500.00 


868,775.00 


BANK STOCKS. 










810 shares First National, Stamford 


, Conn., $ 


31,000.00 


31,000.00 


68,200.00 


500 •« Stamford Nat., 


it 


15,000.00 


25,000.00 


25,000.00 


284 •• " Trust Co., " 


a 


23,400.00 


23,400.00 


40,950.00 


20 " City National, So. Norwalk, 


it 


2,000.00 


2,000.00 


3,000.00 


20 " National of Norwalk, 


t« 


2,000.00 


2,000.00 


2.100.00 


86 " Danbury National, Danburj 


* 


8,600.00 


8,600.00 


3,600.00 


Totals, 


77,000.00 


87,000.00 


142,850.00 







Digitized by 



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BANK COMMISSIONERS' REPORT. 



CITIZENS' SAVINGS BANK OF STAMFORD.— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 4,148; total amount, $998,834.06 

2 Number of depositors having $1,000 and 

not over $2,000, 588; total amount, 786,196.87 

8 Number of depositors having over $2,000 

and not over $10,000, .... 268; total amount, 966,697.24 

4 Number of depositors having over $10,000, 8; total amount, 102,264.88 

5 
6 



Total number of depositors, . 5,002; total deposits, 

Largest amount due a single depositor (town of Stamford Sink- 
ing fund), 

Number of accounts opened during the past year, 979; number 
closed, 778; increase, 201. 

Amount deposited, including interest credited, during the past 
year, 

Amount withdrawn during the past year, . 

Amount of increase, 

Total of interest and profit and loss and rent ac- 
counts per last report, .... 

Amount of income received during the year, 

Total expenses, including salaries, during the 
year 

State tax during the year 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, 

All other amounts charged off, . 

Dividends, 2 per cent, paid Jan'y, 1904; amount, 
2 per cent, paid July, 1904; amount, 

Amount carried to surplus, 

Total of interest and profit and loss and rent ac- 
counts per this report, .... 

Amount of past-due paper at this time is . 

Amount of assets yielding no income the past year. 

Loans on real estate — are they all first mortgages? 

Largest amount loaned on mortgage to any one individual, firm, 
company, society, or corporation, 

Largest amount of personal loan to any one individual, firm, 
company, society, or corporation 

Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the 
past year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, first Thursday in July. 

Date of annual meeting to elect President, Treasurer, and other 
officers, first Thursday in July. 
81* State what discrimination, if any, was made in per cent, of 
dividend: 



8 

9 
10 
11 

12 
18 

14 
15 
16 
17 
18 

19 
20 

21 
22 
28 
24 

25 



27 



29 
80 



$2,798,492.50 
28,712.54 



$6,274.68 
134,450.42— 

8,578.67 

6,218.56 

841.74 

16,080.49 

2,270.87 

49,789.18 

50,781.18 



6,720.11— 



750,595.60 
637,190.15 
118,405.45 



140,725.05 



140,725.05 



25,000.00 

Yes 

40,000.00 

7,000.00 

82,701.00 






Officers.— President, William D. Smith ; Vice-President, George E. 8cc~ 
field ; Treasurer, Walter E. Houghton; Directors or Trustees, William D. Smith, 
George E. Scofield, Joseph G. Houghton, Walter M. Smith, Edwin S. Holly, I. 
Franklin Wardwell, Walter E. Houghton. 



* 8} per cent, per annum in excess of $1,000. 



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BANK COMMISSIONERS' REPORT. 



61 



CITY SAVINGS BANK OF BRIDGEPORT. 

Wiuard S. Plumb, Treasurer. Incorporated, 1859. 

STATEMENT. OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $2,103,488.75 

Loans on collateral security, 813,750. 00 
Loans on personal security 

only 94,750.00 

Town, city, school district, 

and corporation bonds, . 798,500.00 

Railroad bonds, . 1,526,000.00 

Bank stocks in Connecticut, 889,555.00 

Bank stocks in other states, 8,200.00 

Banking house, 85,000.00 

Cash in banks, . 214,590.84 

Cash in vault, . 27,220.12 



Total Assets, 



. $5,451,054.71 



LIABILITIES. 



Whole amount of deposits, $5,131,887.85 
Surplus account, . 200,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 119,217.86 



Total Liabilities, . $5,451,054.71 



INVESTMENTS. 



DESCRIPTION. 


PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 








TION BONDS. 








Los Angeles, Cal., 


4s, 1982-1938, $ 


25,000.00 


25,000.00 


26,250.00 


Denver, Col., 


5s, 1906, 


15,000.00 


15,000.00 


15,150.00 


Pueblo, " 


4*s, 1918, 


10,000.00 


10,000.00 


10,500.00 


Ansonia, Conn., 


4s, 1915, 


1,000.00 


1,000.00 


1,010.00 


Bridgeport, 


8*s, 1922-1987, 


85,000.00 


85,000.00 


85,850.00 


M •« 


5s, 1908, 


5,000.00 


5,000.00 


5,250.00 


Danbury, " 


8*s, 1932, 


5,000.00 


5,000.00 


4,900.00 


Danbury (Borough), Conn., 4s, 1907-1911, ( 


8,000.00 


3,000.00 


8,080.00 


Danbury, ' 


4s, 1928, 


20,000.00 


20,000.00 


21,000.00 


Huntington (P. S. D.) ' 


4s, 1906, 


20,000.00 


20,000.00 


20,000.00 


Huntington, ' 


4s, 1917, 


10,000.00 


10,000.00 


10.300.00 


Milford, 


4s, 1915, 


15,000.00 


15,000.00 


15,450.00 


New Britain, 


4s, 1908-1927, 


85,000.00 


85,000.00 


85,770.00 


New London, ' 


4s, 1917-1919, 


10,000.00 


10,000.00 


10,500.00 


Orangei 


4s, 1916, 


5,000.00 


5,000.00 


5,150.00 


South Norwalk, 


4s, 1913, 


1,000.00 


1,000.00 


1,020.00 


Waterbury, • 


8*s, 1917-1924, 


50,000.00 


50,000.00 


50,000.00 


Waterbury, 


4s, 1910-1916, 


8,500.00 


8,500.00 


8,755.00 


Wilmington, Del., 


4s, 1926, 


15,000.00 


16,000.00 


15,600.00 


Chicago, 111., 

New Bedford, Mass., 


4s, 1921, 


25,000.00 


25,000.00 


25,750.00 


7s, 1907, 


10,000.00 


10,000.00 


10,800.00 


Jackson, Mich., 


4*s, 1918, 


5,000.00 


5,000.00 


5,800.00 


Duluth, Minn., 


4s, 1921, 


10,000.00 


10,000.00 


9,900.00 


Minneapolis, " 


4s, 1917-1920, 


50,000.00 


50,000.00 


52,250.00 


St. Paul, 


4s, 1920. 


25,000.00 


25,000.00 


26,250.00 



Digitized by 



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62 



BANK COMMISSIONEES' BEPOET. 



CITY SAVINGS BANK OP BRIDGEPORT.— Continued. 

INVESTMENTS.— Continued. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARRKT 
VALUK. 


TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. — CONTINUED. 

Kansas City, Mo., 4s, 1910, $ 
St. Louis, " 4s, 1912, 
Omaha, Neb., 4*8, 1924-1934, 
4< 5s. 1908-1913, 
Camden, N. J., 4s, 1926, 
Hoboken, " 4s, 1917, 
Paterson, " 4s, 1932, 

4*8, 1908, 

New York, N. Y., 8*8, 1942, 

Cincinnati, Ohio, 5s, 1910, 

<< k ft« 1906 

Columbus, " 4si 19KM918, 

" " 44s 1921 
Dayton, " 4s. ' 1916^-1918, 

5s, 1916, 
Pawtucket, R. I., 4s, 1910-1936, 


50,000.00 
50,000.00 
30,000.00 
10,000.00 

5,000.00 

5,000.00 
10,000.00 
15,000.00 
25,000.00 
50,000.00 
50,000.00 
44,000.00 

1,000.00 
19,000.00 

1,000.00 
15,000.00 


50,000.00 
50,000 00 
80,000.00 
10,000.00 

5,000.00 

5,000.00 
10,000.00 
15,000.00 
25,000.00 
50,000.00 
50,000.00 
44,000.00 

1,000.00 
19,000.00 

1,000.00 
15,000.00 


50,500.00 
51,500.00 
82,000.00 
10,460.00 

5,250.00 

5,000.00 
10,200.00 
15,300.00 
25,500.00 
53,500.00 
51,500.00 
44,440.00 

1,060.00 
19,190.00 

1,090.00 
15,800.00 


Totals $ 

RAILROAD BONDS. 

Boston & Maine : — 
Main Line, 4*8, 1944, $ 

Central R. R. of New Jersey, 5s, 1987, 

Chicago, Burlington & Quincy : — 
Illinois Division, 8*s, 1929, 

Chicago, Milwaukee & St. Paul : — 
Dubuque Division, 6s, 1920, 
General Mortgage, gold, 4s, 1989, 
Wisconsin & Minnesota, 5s, 1921, 
Wisconsin Valley, 7s, 1909, 

Chicago, Rock Island & Pacific : — t 
Bur., Cedar Rapids & Nor., 5s, 1984, 
First Mortgage, 6s, 1917, 
General Mortgage, gold, 4s, 1988, 

Chicago & Northwestern : — 
Cedar Rapids & Missouri River, 7s, 1916, 
Chi., St. Paul, Minn. & Omaha, 6s, 1930, 
Des Moines & Minneapolis, 7s, 1907, 
Madison Extension, 7s, 1911, 
Milwaukee & Madison, 6s, 1905, 
Northwestern Union, 7s, 1917, 
Sioux City & Pacific, 8*8, 1936, 
St. Paul & Sioux City, 6s, 1919, 

Delaware & Hudson : — 
Albany & Susquehanna, 6s, 1906, 
Pennsylvania Division, 7s, 1917, 


798,500.00 

50,000.00 
50,000.00 

50,000.00 

40,000.00 
25,000.00 
20,000.00 
17,000.00 

25,000.00 

100,000.00 

25,000.00 

5,000.00 
50,000.00 
34,000.00 
88,000.00 
15,000.00 
15,000.00 
15,000.00 
10,000.00 

5,000.00 
45,000.00 


798,500.00 

50,000.00 
50,000.00 

50,000.00 

40,000.00 
25,000,00 
20,000.00 
17,000.00 

25,000.00 

100,000.00 

25,000.00 

5,000.00 
50,000.00 
84,000.00 
33,000.00 
15,000 00 
15,000.00 
15,000.00 
10,000.00 

5,000.00 
45,000.00 


817,275.00 

58,500.00 
65,000.00 

46,500.00 

49,600.00 
26,750.00 
22,600.00 
19,040.00 

29,250.00 

122,000.00 

25,500.00 

6,400.00 
65,500.00 
86,720.00 
88,610.00 
15,150.00 
19,500.00 
13,950.00 
12,000.00 

5,150.00 
59,400.00 



Digitized by 



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BANK COMMISSIONERS' EEPOET, 



68 



CITY SAVINGS BANK OP BRIDGEPORT.— Continued. 
INVESTMENTS.- Continued. 



DESCRIPTION. 



RAILROAD BONDS.— CONTINUED. 

Delaware, Lackawanna & Western : — 
N. Y., Lackawanna & Western, 6s, 
Syracuse, Bingham ton & N. Y., 7s, 

Erie :— 
Cleveland & Mahoning Valley, 5s, 

Great Northern : — 
St. P., Minn. & Man. (Dak. Ex.), 6s, 

Illinois Central : — 
Chi., St. Louis & New Orleans, 5s, 



Main Line, 

Middle Division, 

Springfield Division, 

New York Central :— 

Kalamazoo, Alle. & G. Rapids, 

Michigan Central, 
it 1 1 

Refunding Mortgage, 

N. Y., New Haven & Hartford : 

Danbury & Norwalk, 
«« d 

Debenture, 



4s, 
5s, 
Sis, 

5s, 
5s, 
5s, 

&>, 
5s, 

8*8, 

4s, 

5s, 

5s, 

5s, 



Housatonic, 

New England, 

New Haven &, Derby, 

New York & New England, 

N. Y., Providence & Boston, 4s, 

Pennsylvania : — 
Cleveland & Pittsburg, 4*8, 

Long Island, 4s, 

Terre Haute & Indianapolis, 5s, 
United N. J. R. R. & Canal Co., 4s, 

Western Maryland : — 
Potomac Valley, 5s, 



1921, $ 
1906, 

1988, 

1910, 

1951, 
1951, 
1921, 
1951, 

1938, 
1981, 
1939, 
1997, 

1920, 
1925, 
1947, 
1914, 
1937, 
1945, 
1918, 
1905, 
1942, 

1942, 
1932, 
1925, 
1944, 

1941, 



Totals, $ 



BANK STOCKS. 

41 shares Ansonia National, 

614 " Bridgeport 

171 " City 

178 " Connecticut 

272 " First 

26 " Pequonnock ' 

37 " Bristol 

104 " City 

77 " Danbury 

55 " Deep River 



Ansonia, $ 
Bridgeport, 



Bristol, 
Danbury, 

Deep River, 



PAR 
VALUE. 



25,000.00 
25,000.00 

15,000.00 

35,000.00 

5,000.00 
50,000.00 
56,000.00 
50,000.00 

25,000.00 
20,000.00 
25,000.00 
25,000.00 

50,000.00 

1,000.00 

130,000.00 

25,000.00 

35,000.00 

50,000.00 

20,000.00 

5,000.00 

85,000.00 

25,000.00 

10,000.00 

25,000.00 

100,000.00 

30,000.00 



1,526,000.00 



2,050.00 

80,700.00 

17,100.00 

17,800.00 

27,200.00 

2,600.00 

3,700.00 

10,400.00 

7,700.00 

5,500.00 



BOOK 
VALUE. 



25,000.00 
25,000.00 

15,000.00 

35,000.00 

5,000.00 
50,000.00 
56,000.00 
50,000.00 

25,000.00 
20,000.00 
25,000,00 
25,000.00 

60,000.00 

1,000.00 

130,000.00 

25,000.00 

35,000.00 

50,000.00 

20,000.00 

5,000.00 

85,000.00 

25,000.00 

10,000.00 

25,000.00 

100,000.00 

80,000.00 



1,526,000.00 



2,050.00 

30,700.00 

17,100.00 

17,800.00 

27,200.00 

2,600.00 

3,700.00 

10,400.00 

7,700.00 

5,500.00 



MARKBT 
VALUE- 



31,000.00 

26,000.00 

17,700.00 

88,500.00 

• 6,050.00 
54,500.00 
64,960.00 
48,500.00 

81,000.00 
24,200.00 
80,250.00 
24,000.00 

57,500.00 

1,170.00 

123,500.00 

25,500.00 

43,400.00 

68,000.00 

22,600.00 

6,050.00 

87,100.00 

29,000.00 

9,700.00 

26,250.00 

107,000.00 

88,300.00 



1,717,950.00 



3,075.00 

55,260.00 

25,650.00 

27,590.00 

50,320.00 

8,900.00 

6,290.00 

10,400.00 

7,700.00 

6,050.00 



Digitized by 



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64 



BANK COMMISSIONED 7 EEPOBT. 



CITY SAVINGS BANK OP BRIDGEPORT.— Continued. 
INVESTMENTS.— CoimiroBD. 







PAB 


BOOK 


MARKET 




DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 




BANK STOCKS.— CONTINUED. 








125 shares Birmingham Nat, Derby, $ 


12,500.00 


12,500.00 


18,750.00 


20 


11 National Iron, Palls Village, 


2,000.00 


2,000.00 


2,000.00 


100 


" American National, Hartford, 


5,000.00 


5,000.00 


6,900.00 


50 


" City Bank, 


5,000.00 


5,000.00 


4,000.00 


20 


" Farm. & Mech. Nat., 


2,000.00 


2,000.00 


2,400.00 


83 


" First National, 


8,800.00 


8,300.00 


10,375.00 


86 


" Hartford 


8,600.00 


8,600.00 


11,180.00 


21 


" National Exchange, " 


1,050.00 


1,050.00 


1,260.00 


44 


" 'Phoenix National, 


4,400.00 


4,400.00 


5,192.00 


50 


" First " Litchfield, 


5,000.00 


6,000.00 


5,000.00 


78 


" First " Meriden, 


7,800.00 


7,800.00 


14,430.00 


66 


" Home 


6,600.00 


6,600.00 


7,920.00 


67 


" Meriden " " 


6,700.00 


6,700.00 


6,700.00 


51 


" Central " Middletown, 


8,825.00 


8,825.00 


4,080.00 


50 


" First 


5,000.00 


5,000.00 


5,000.00 


110 


" Middletown " 


8,250.00 


8,250.00 


11,550.00 


7 


" Middled Co. " 


700.00 


700.00 


630.00 


82 


•« New Britain " New Britain, 


8,200.00 


8,200.00 


4,800.00 


171 


" Merchants " New Haven, 


8,550.00 


8,850.00 


9,832.50 


40 


" National N. Haven, 


4,000.00 


4,000.00 


7,200.00 


76 


" National Tradesmen's, " 


7,600.00 


7,600.00 


11,400.00 


880 


• ' New Haven Co. Nat. , ' ' 


8,800.00 


8,800.00 


5,700.00 


157 


u Second National, 


15,700.00 


15,700.00 


29,045.00 


58 


" Yale 


5,800.00 


5,800.00 


6,625.00 


25 


" Nat. Bank of Com., New London, 


2,500.00 


2,500.00 


8,500.00 


170 


" Thames National, Norwich, 


17,000.00 


17,000.00 


26,850.00 


10 


" Southington " 8outhington, 


1,000.00 


1,000.00 


1,000.00 


81 


" City " So.Norwalk, 


8,100.00 


8,100.00 


5,425.00 


20 


" First '■ Stamford, 


2,000.00 


2,000.00 


4,000.00 


146 


" Stamford " 


4,880.00 


4,880.00 


6,570.00 


29 


" First " Stonington, 


2,900.00 


2,900.00 


3,335.00 


10 


" Brooks " Torrington, 


1,000.00 


1,000.00 


1,500.00 


25 


" First " Wallingford, 


2,500.00 


2,500.00 


2,750.00 


100 


" Citizens " Waterbury, 


10,000.00 


10,000.00 


13,000.00 


61 


"• Manufact'rs " 


6,100.00 


6,100.00 


7,320.00 


809 


" Waterbury " 


15,450.00 


15,450.00 


24,720.00 


20 


" Westport " Westport, 


2,000.00 


2,000.00 


2,200.00 


40 


" Hurlbut «« Winsted, 


4,000.00 


4,000.00 


6,000.00 


82 


" Title Guar. & Trust Co., N. York, 
rotals, $ 


3,200.00 


3,200.00 


14,400.00 


> 


842,755.00 


842,755.00 


510,274.50 



Digitized by 



Google 



BANK commissioners' bepobt. 66 



CITY SAVINGS BANK OF BRIDGEPORT.— Continued. 

MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000. . . 9,008 ; total amount, $2,208,169.70 

2 Number of depositors having $1,000 and 

not over $2,000, .... 1,421 ; total amount, 1,947,979.97 

3 Number of depositors having over $2, 000 

and not over $10,000, ... 395 ; total amount, 961,794.58 

4 Number of depositors having over $10,000, 1 ; total amount, 13,893.10 

5 Total number of depositors, . . 10,820 ; total deposits, $5,131,837.35 

6 Largest amount due a single depositor, 13,893.10 

7 Number of accounts opened during the past year, 1,985 ; num- 

ber closed, 1895 ; increase, 90. 

8 Amount deposited, including interest credited, during the past 

year 1,283,928.83 

9 Amount withdrawn during the past year 1,189,277.46 

10 Amount of increase, .... .... 94,651.37 

11 Total of interest and profit and loss, and rent ac- 

counts per last report $113,051.76 

12 Amount of income received d urine the year, 247,368.56 — 360,420.82 
18 Total expenses, including salaries, during the year, 18,088.35 

14 State tax during the year, 10,806.88 

15 Town and city taxes and assessments paid, 430.12 

16 Net amount of premiums charged off, 31,078.68 

17 All other amounts charged off 14,675.06 

18 Dividends, If per cent, paid Jan., 1904; amount, 84,973.08 

1 j per cent, paid July, 1904 ; amount, 86,151.34 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss, and rent ac- 

counts per this report 119,217.36— 360,420.32 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate — are they all first mortgages ? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 65,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 93,000 00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation 50,000.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, July. 

Officers. — President, David F. Hollister ; Vice-Presidents, John M. Wheeler, 
Edward A. Lewis, Edwin Banks, Benjamin Fletcher ; Treasurer, Willard S. 
Plumb; Trustees, George M. Baldwin, Edwin Banks, George K. Birdseye, C. B. 
Buckingham, Edward W. Button, Benjamin Fletcher, Theodore B. Ford, William 
T. Hincks, D. F. Hollister, Samuel W. Hubbell, William H. Kelsey, Edward A. 
Lewis, Willard 8. Plumb, Frederick W. Read, John M. Wheeler. 



Digitized by LjOOQIC 



m 



BANK COMMISSIONERS' REPORT. 



CITY SAVINGS BANK, MERIDEN. 

George M. Lucas, Treasurer. Incorporated, 1874. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, . 


$620,615.00 


Whole amount of deposits, 


$2,966,181.27 


Loans on collateral security 


, 66,087.98 


Surplus account, 


60,000.00 


Town, city, and borough 




Interest account, less cur- 




notes and orders, . 


25,000.00 


rent expenses, and taxes 




Town, city, school district, 




paid 


10,429.36 


and corporation bonds, . 


165,000.00 


Profit and loss account, 


13,100.98 


Railroad bonds, 


1,973,000.00 


Rent account, . 


69.61 


Bank stocks in Connecticut, 


93,100.00 






Bank stocks in other states, 


10,000.00 






Real estate by foreclosure, 


8,500.00 






Cash in banks, . 


98,478.29 

18,049,781.22 


Total Liabilities, 




Total Assets, 


$3,049,781.22 



INVESTMENTS. 




TOWN, CITY, AND BOROUGH NOTE8 AND ORDERS. 

City of Meriden, notes $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 



Borough of Willimantic, 
Town of Meriden, 
City " 
Town " 

City of Danbury, 
Borough of Wallingford, 
City of New Britain, 
Town of Ridgefield, 



4s. 1904, $ 
4s, 1911, 
4s, 1912, 
8*s, 1921, 
4s, 1920, 
4s, 1928, 
4s, 1927, 
3*8, 1927, 



Totals, 



RAILROAD BONDS. 

St. Paul, Minn. & Manitoba, 6s, 1909, 

" Dakota Ex., 6s, 1910, 
Chi., Mil. & St. P., C. & P. Div., 6s, 1910, 
Chi. & Northwest'n, Menominee Div., 7s, 1911, 
Chicago Mil. & St. Paul Terminal, 5s, 1914, 
Morris & Essex, 7s, 1914, 

7s, 1915, 
Chicago & Northwestern, 7s, 1915, 

Northwestern Union, 7s, 1917, 

Ohicago, Rock Island & Pacific, 6s, 1917, 

Delaware & Hudson, 7s, 1917, 

Iowa Palls & Sioux City, 7s, 1917, 



25,000.00 



10,000.00 
20,000.00 
25,000.00 
25,000.00 
10,000.00 
20,000.00 
80,000.00 
25,000.00 



165,000.00 



25,000.00 
25,000.00 
25,000.00 
25,000.00 
50,000.00 
25,000.00 
75,000.00 
25,000.00 
25,000.00 
50,000.00 
25,000.00 
25,000.00 



25,000.00 



10,000.00 
20,000.00 
25,000.00 
25,000.00 
10,000.00 
20,000.00 
80,000.00 
25,000.00 



165,000.00 



27,000.00 
27,000.00 
28,000.00 
30,000.00 
55,000.00 
80,000.00 
97,000.00 
32,000.00 
80,000.00 
61,000.00 
88,000.00 
30,000.00 



25,000.00 



10,000.00 
20,600.00 
25,800.00 
25,000.00 
10,600.00 
21,300.00 
32,300.00 
25,000.00 



170,600.00 



27,800.00 
28,800.00 
28,300.00 
30,400.00 
56,500.00 
32,300.00 
98,800.00 
32,900.00 
34,100.00 
63,000.00 
34,100.00 
84,100.00 



Digitized by 



Google 



BANK COMMISSIONERS' REPORT. 



67 



CITY SAVINGS BANK, MERIDEN.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 

McKeesport & Belle Vernon, 6a, 
New Haven & Derby, 5s, 

Danbury & Norwalk, 6s, 

Chi., Mil. & St. P., Dubuque Div., 6s, 



PAR 



C.&P.W. " 5s, 

New York, Lack. & Western, 6s, 

Peoria & Pekin Union, 6s, 

Rensselaer & Saratoga, 7s, 

Terre Haute & Indiana, 5s, 

Chi., St. Paul, Minn. & Omaha, 6s, 

Michigan Central, 5s, 

Long Island, 4s, 

Pittsburg, McKeesp't & Tough., 6s, 

St. Paul, Minn. & Manitoba, 4*8, 

Burl., Cedar Rapids & N., 5s, 

Minneapolis & St. Louis, 5s, 

Chicago & Indiana Coal, 5s, 

Chicago & Eastern Illinois, 5s, 

Housatonic, 5s, 

Montana Central, 6s, 

Cleveland & Mahoning Valley, 5s, 

Willmar & Sioux Falls, 5s, 1938, 

Mich. Central, Kal. & S. H. Div., 5s, 1939, 

Erie & Pittsburg, 34s, 1940, 

Cleveland & Pittsburg, 4*s, 1942, 

Clearfield & Mahoning, 5s, 1943, 

New York, New Haven & Htfd., 4s, 1947, 

Chi., St. Louis & New Orleans, 5s, 1951, 

Central of New Jersey, 5s, 1987, 

Chicago, Milwaukee & St. Paul, 8*s, 1989, 



1918, $ 

1918, 

1920, 

1920, 

1921, 

1921, 

1921, 

1921, 

1925, 

1930, 

1931, 

1932, 

1932, 

1933, 

1934, 

1934, 

1936, 

1937, 

1987, 

1937, 



Totals, . . v . 

BANK STOCKS. 

200 shares First National, 
200 

76 
162 

20 
104 

70 



60 
50 
25 

200 



Home 

Meriden " 

National Bank, 

Fairfield Co. Nat., 

Second " 

Merchants " 

First 

Southington " 
Mechanics, 
New Britain " 
Merchants Ex. " 



Meriden, $ 
<« 

•« 

Norwalk, 
«« 

New Haven, 
a 

Middletown, 

Southington, 

New Britain, 
i « 

New York, 



ToUls, 



VALUE. VALUE 



50,000.00 
25,000.00 
25,000.00 
25,000.00 
50,000.00 
75,000.00 
86,000.00 
50,000.00 
25,000.00 
50,000.00 
25,000.00 
20,000.00 
50,000.00 
25,000.00 

100,000.00 
25,000.00 
25,000.00 

100,000.00 
50,000.00 
25,000.00 
50,000.00 
50,000.00 
25,000.00 
25,000.00 
25,000.00 
25,000.00 
50,000.00 
50,000.00 
50,000.00 
50,000.00 



1,655,000.00 



20,000.00 

20,000.00 
7,600.00 

16,200.00 
2,000.00 

10,400.00 
3,500.00 
800.00 
6,000.00 
5,000.00 
2,500.00 

10,000.00 



103,500.00 



BOOK 



61,000.00 
27,000.00 
25,00t>.00 
31,000.00 
56,000.00 
94,000.00 
44,000.00 
70,000.00 
25,000.00 
66,000.00 
28,000.00 
20,000.00 
65,000.00 
26,000.00 

115,000.00 
30,000.00 
30,000.00 

116,000.00 
65,000.00 
33,000.00 
56,000.00 
59,000.00 
30,000.00 
25,000.00 
30,000.00 
30,000.00 
56,000.00 
64,000.00 
66,000.00 
50,000.00 



20,000.00 

20,000.00 
7,600.00 

16,200.00 
2,000.00 

10,400.00 
8,100.00 
300.00 
6,000.00 
5,000.00 
2.500.00! 

10,000.00 



MARKET 
VALUE. 



63,700.00 
29,100.00 
29,500.00 
32,600.00 
59,500.00 
98,900.00 
46,200.00 
72,800.00 
80,500.00 
71,200.00 
31,500.00 
21,700.00 
72,100.00 
29,500.00 

128,000.00 
31,900.00 
82,100.00 

180,000.00 
64,600.00 
87,100.00 
64,800.00 
64,800.00 
82,500.00 
25,000.00 
80,200.00 
32,900.00 
56,000.00 
67,200.00 
70,000.00 
50,000.00 



1,973,000.002,106,000.00 



103,100.00 



40,000.00 

24,000.00 
8,360.00 

17,820.00 
2,000.00 

20,800.00 
4,025.00 
300.00 
6,600.00 
8,500.00 
4,000.00 

15,000.00 

151,405.00 



Digitized by 



Google 



68 



BANK COMMISSIONERS' BEPORT. 



CITY SAVINGS BANK, MERIDEN.— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 4,144; total amount, $940,727.47 

2 Number of depositors having $1,000 and 

not over $2,000, .... 547; total amount, 788,283.65 
8 Number of depositors having over $2,000 

and not over $10,000, 888 ; total amount, 1,164,047.29 

4 Number of depositors having over $10,000, 8; total amount, 123,122.86 

5 
6 

7 



9 
10 
11 

12 
18 
14 
15 
16 
17 
18 

19 



21 
22 
23 

24 

25 
26 

27 



80 



5,087; total deposits, $2,966,181.27 
19,048.72 



Total number of depositors, . 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 712; number 
closed, 510; increase, 202. 

Amount deposited, including interest credited, during the past 
year 

Amount withdrawn during the past year, 

Amount of increase, 

Total of interest and profit and loss, and rent ac- 
counts per last report, 

Amount of income received during the year, 

Total expenses, including salaries, during the year, 

State tax during the year, 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, 

All other amounts charged off, .... 

Dividends, 2 per cent, paid Jan. 1, 1904; amount, 
2 per cent, paid July 1, 1904; amount, 

Net amount carried to surplus, .... 

Total of Interest and profit and loss, less rent ac- 
counts, per this report 

Amount of past-due paper at this time is . 

Amount of assets yielding no income the past year, . 

Loans on real estate — are they all first mortgages ? . 

Largest amount loaned on mortgage to any one individual 
company, society, or corporation, 

Largest amount of 'personal loan to any one individual 
company, society, or corporation, 

Largest amount of collateral loan to any one individual 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 
year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, Second Monday in July. 

Date of annual meeting to elect President, Treasurer, and other 
officers, Second Monday in July. 



$15,914.20 

139,197.15— 

4,568.25 

6,282.86 



10,880.50 



58,721.22 

56,283.18 



23,530.84— 



firm, 
firm' 
firm! 



661,223.15 
429,610.65 
231,612.50 



155,111.35 



155,111.85 





Yes 

• 70,000.00 



17,000.00 



a 



Officers.— President, Charles L. Rockwell; Treasurer, George M. Lucas; 
Directors or Trustees, Charles L. Rockwell, Seth J. Hall, Charles L. Upham, John 
C. Byxbee, Charles P. Linsley, John Tait, C. P. Bradley, N. L. Bradley, Dexter 
W. Parker, Ratcliffe Hicks, H. L. Schleiter, William Lewis, Gilbert Rogers, Wnu 
H. Lyon. 



Digitized by 



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BANK COMMISSIONED' REPORT. 



69 



THE CITY SAVINGS BANK OP MIDDLETOWN. 

Walter C. Jokes, President. Incorporated, 1903. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 



Loans on real estate, . 
Loans on collateral security, 
Cash in banks, 
Cash in vault, 



Total Assets, . 



$5,150.00 

465.00 

1,755.88 

300.00 



$7,670.38 



LIABILITIES. 



Whole amount of deposits, . $7,453.14 

Interest account, less cur- 
rent expenses, and taxes 
paid 217.24 



Total Liabilities, 



$7,670.38 



MISCELLANEOUS ITEMS. 

1 Number of depositors hating less than 

$1,000, .51; total amount, $5,440.30 

2 Number of depositors having $1,000 and 

not over $2,000 2; total amount, 2,012.84 

3 Number of depositors having over $2,000 

and not over $10,000, .... 0; total amount, 

4 Number of depositors having over $10, 000, 0; total amount, 

5 Total number of depositors, 53; total deposits, $7,453.14 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 62 ; number 

closed, 9 ; increase, 53. 

8 Amount deposited, including interest credited, during the past 

year 10,068.78 

9 Amount withdrawn during the past year, 2,610.64 

10 Amount of increase, 7,453.14 

11 Total of interest and profit and loss and rent ac- 

counts per last report, 

12 Amount of income received during the year, . $277.82— 277.82 

13 Total expenses including salaries during the 

year, 

14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, . 

17 All other amounts charged off, ... . 

18 Dividends, 2 per cent, paid May 31, 1904; amount, 60.58 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 217.24— 277.82 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 

23 Loans on real estate— are they all first mortgages? . . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 2,500.00 



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70 BANK COMMISSIONERS* EEPOET. 



THE CITY SAVINGS BANK OP MIDDLETOWN.— Continued. 

MISCELLANEOUS ITEMS. — Cootinubd. 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation $400.00- 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 0- 

28 Net income from foreclosed real estate during the past year, 
20 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Wednesday in February. 
80 Date of annual meeting to elect President, Treasurer, and 
other officers, third Wednesday in February. 

Officers. — President, Frederick Babcock ; Treasurer, Walter C. Jones ; Di- 
rectors or Trustees, Frederick Babcock, George S. Butler, Charles W. Bevin, Wal- 
ter C. Jones, Otis A. Smith, Elmer G. Derby, Henry Davis, Orlando Burr, George 
I. Allen, Isaac Spear, Richard Davis, John L. Fisk, William Mylchrust, Frederick 
P. Burr. 



Digitized by LjOOQIC 



BANK COMMISSIONERS' EEPOET. 



71 



COLCHESTER SAVINGS BANK. 

William H. Van Horn, Treasurer. Incobpokated, 1874. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . 
Loans on personal security 

only, 
Real estate by foreclosure 
Banking-house fixtures, 
Barings bank deposits, 
Cash in banks, . 
Cash in vault, 



Total Assets, 



$10,972.00 

4,000.00 
4,627.28 
665.50 
4,764.74 
4,368.84 
1,453.07 



$30,850.93 



LIABILITIES. 

Whole amount of deposits, $24,882.90 
Surplus account, . 6,016.53 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 1.50 



Total Liabilities, . . $30,850.93 



9 
10 
11 

12 
13 

14 
15 
16 
17 

18 

19 
20 

21 
22 
23 
24 



MISCELLANEOUS ITEMS. 

Number of depositors having less than 

$1,000 933; total amount, $24,832.90 

Number of depositors having $1,000 and 

not over $2,000, 0; total amount, 

Number of depositors having over $2,000 

and not over $10,000, .... 0; total amount, 

Number of depositors having over $10,000, 0; total amount, 

Total number of depositors, . . 933; total deposits, $24,832.90 

Largest amount due a single depositor 662.11 

Number of accounts opened during the past year, 1 ; number 

closed, 4 ; decrease, 8. 
Amount deposited, including interest credited, during the past 

year, 

Amount withdrawn during the past year, 21,038.23 

Amount deducted from surplus, .... $983.47 
Total of interest and profit and loss and rent ac- 
counts per last report 878.40 

Amount of income received during the year, . 1,206.47— 3,068.84 

Total expenses including salaries during the 

year, 864.82 

State tax during the year, 

Town and city taxes and assessments paid, 181.04 

Net amount of premiums charged off , 

All other amounts charged off, .... 2,020.98 

Dividends per cent, paid 19 — ; amount, 

per cent, paid 19— ; amount, 

Net amount carried to surplus 

Total of interest and profit and loss and rent ac- 
counts per this report, 1.50— 3,068.84 

Amount of past-due paper at this time is 

Amount of assets yielding no income the past year, . . 2,000.00 

Loans on real estate — are they all first mortgages? Yes 

Largest amount loaned on mortgage to any one individual, 

firm, company, society, or corporation, 5,000.00 

Digitized by LjOOQIC 



" 72 BANK COMMISSIONERS* BEPOBT. 



COLCHESTER SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, $3,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, August 31st. 
SO Date of annual meeting to elect President, Treasurer, and other 
officers, August 81st. 

Officers. — Vice-President, Joseph 8mith ; Treasurer, Wm. H. Van Horn ; 
Directors or Trustees, Joseph N. Adams, H. P. Buell, S. P. Willard, Samuel N. 
Morgan, Wm. P. Adams, Dwight C. Gillett, Chas. T. Williams, Frank B. Taylor, 
Charles H. Rogers. 



Digitized by LjOOQIC 



BANK COMMISSIONERS 7 EEPOBT. 



78 



COLLINSVILLE SAVINGS SOCIETY. 

John D. Andrews, Treasurer. Incorporated, 1854- 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, 


$738,425.00 


Whole amount of deposits, 


$824,721.84 
87,908.60 


Loans on collateral sec'y, . 


11,200.00 


Surplus account, 


Loans on personal security 




Interest account, less cur- 




only 


52,649.52 


rent expenses, and taxes 




Town, city, and borough 




paid, 


8,987.22 


notes and orders, . 


7,000.00 






School district notes and 








orders, .... 


500.00 






Bank stocks in Connecticut, 


83,850.00 






Real estate by foreclosure, 


15,040.88 






Banking house, 


5,000.00 






Cash in banks, . 


35,917.22 






Cash in vault, . 


17,585.54 
$916,617.66 


Total Liabilities, 




Total Assets, 


$916,617.66 



INVESTMENTS. 





PAR 


BOOK 


MARKET 


DESCRIPTION . 










VALUE. 


VALUE. 


VALUE. 


TOWN, CITT, AND BOROUGH NOTES AND ORDERS. 








Town of Canton, order, $ 


7,000.00 


7,000.00 


7,000.00 


SCHOOL DISTRICT NOTES AND ORDERS. 








Burlington, 9th School District, Conn., . . $ 


500.00 


500.00 


500.00 


BANK STOCKS. 








100 shares N. Haven Co. Nat., N. Haven, Conn., $ 


1,000.00 


1,000.00 


1,500.00 


12 " Yale National, 


1,200.00 


1,200.00 


1,500.00 


138 " National Exchange, Hartford, 


6,650.00 


6,650.00 


8,879.00 


4 " PboBnix National, M " 


400.00 


400.00 


488.00 


5 " Far. &Mech. " 


500.00 


500.00 


590.00 


42 M First •« Rockville, " 


4,200.00 


4,200.00 


4,200.00 


40 •• Rockville 


4,000.00 


4,000.00 


4,000.00 


15 " First «■ Norwich, 


1,500.00 


1,500.00 


1,500.00 


16 M Uncas 


1,600.00 


1,600.00 


1,680.00 


88 " Southiugton " Southington, " 


3.800.00 


8,800.00 


4,104.00 


10 •' Manufacturers '■ Waterbury, '• 


1,000.00 


1,000.00 


1,800.00 


5 " Citizens " 


500.00 


500.00 


675.00 


5 " Waterbury 


250.00 


250.00 


400.00 


10 " First " Portland, 


1,000.00 


1,000.00 


1,000.00 


50 " Canton Trust Co., Collinsville, " 


5,000.00 


5,000.00 


5,500.00 


15 " Mystic River, Nat., Mystic, 


750.00 


750.00 


750.00 


Totals, $ 


33,350.00 


83,850.00 


37,566.00 



Bank—6 



Digitized by 



Google 



74 



BANK COMMISSIONERS' REPORT. 



COLLINSVILLE SAVINGS SOCIETY.— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, ...... 1,563; total amount, $804,095.21 

2 Number of depositors haying $1,000 and 

not over $2,000, .... 155; total amount, 208,206.40 
8 Number of depositors having over $2,000 

and not over $10,000, ... 81; total amount, 801,222.62 

4 Number of depositors having over $10,000, 1; total amount, 11,197.61 



5 Total number of depositors, . 1,800; total deposits, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 147; number 

closed, 119; increase, 28. 

8 Amount deposited, including interest credited, during the past 

year, ........... 

9 Amount withdrawn during the past year, 

10 Amount of increase 

11 Total of interest and profit and loss and rent ac- 

accounts per last report, .... 

12 Amount of income received during the year, 
18 Total expenses, including salaries, during the year, 

14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, .... 

18 Dividends, 2 per cent, paid Jan. 1, 1904; amount, 

2 per cent, paid July 1, 1904; amount, 

19 Net amount carried to surplus 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages ? 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net Income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Monday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, third Monday in July. 



$824,721.84 
11,197.61 



181,888.59 

112,642.06 

18,696.58 



$5,818.67 

42,580.99— 

'4,377.28 

1,607.65 

747.96 



5,000.00 
15,722.45 
15,828.18 

1,078.97 

8,987.22— 



48.849.66 



48,849.66 





Yes 

51,000.00 

12,500.00 

5,000.00 






Officers.— President, J. B. Lougee ; Treasurer, JohnD. Andrews ; Directors 
or Trustees, J. B. Lougee, John D. Andrews, Wm. H. Parmelee, F. M. Mills, T. 
A. Alderman, John 0. Aldrich, C. A. Farnham, B. O. Higley, Walter Reed, E. W. 
Fancher, Isaac Barnes. 



Digitized by 



3G)g 



BANK COMMISSIONED' BEPORT. 



75 



CONNECTICUT SAVINGS BANK, NEW HAVEN. 

Elliott H. Morse, Treasurer. Incorporated, 1857. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $2,980,900.00 

Loans on collateral security, 508,880. 00 
Loans on personal security 

only, .... 41,100.00 
Town, city, and borough 

notes and orders, . 84,000.00 

State bonds, . 110,000.00 
Town, city, school district, 

and corporation bonds, . 2,074,750.00 

Railroad bonds, . 8,406,000.00 

Railroad stocks, 87,500.00 

Bank stocks in Connecticut, 92,250.00 

Bank stocks in other states, 52,400. 00 

Real estate by foreclosure, 10,562.14 

Banking house and lot, . 100,000.00 

Cash in banks, . 76,784.69 

Cash in vault, . 119,081.15 



Total Assets, 



. $9,589,157.98 



LIABILITIES. 



Whole amount of deposits, $8,987,820.98 
Surplus account, 618,475.08 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 88,862.02 



Total Liabilities, . $9,589,157.98 



INVESTMENTS. 



DESCRIPTION. 



PAR 
VALUE. 



BOOK 
VALUE. 



MARKET 
VALUE. 



STATE BONDS. 



Massachusetts, 
Connecticut, . 



8*s, 1988-1940. $ 
8s, 1910, 



Totals, $ 

TOWir, CITY, AND BOROUGH NOTES AND ORDER8. 

Town of Orange, $ 

Borough of West Haven, .... 



Totals, $ 

RAILROAD STOCKS. 

100 shares Pittsburg, Ft. Wayne & Chicago, $1 
275 " New York, New Haven <fc Htfd. , I 



60,000.00 
50,000.00 



60,000.00 
50,000.00 



68,000.00 
50,000.00 



110,000.00 



28,000.00 
6,000.00 



110,000.00 



28,000.00 
6,000.00 



118,000.00 



28,000.00 
6,000.00 



84,000.00 



10,000.00 
27,500.00 



84,000.00 



10,000.00 
27,500.00 



84,000.00 



18,000 00 
51,250.00 



Totals, $' 87,500.00 



87,500.00 69,250.00 

Digitized by LjOOSlC 



>g l 



76 



BANE COMMISSIONERS' REPORT. 



CONNECTICUT SAVINGS BANK, NEW HAVEN.— Continued. 
INVESTMENTS.— Continubd. 









PAR 


BOOK 


MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DI8T., AND COBP. BONDS. 








Boston, Mass., 


4s, 


1912-1913, $ 


10,000.00 


10,000 00 


10,8*0.00 


Camden, N. J., 


4s, 


1926, 


20,000.00 


20,000.00 


21,000.00 


Chicago, Ill u 


4s, 


1921, 


25,000.00 


25,000.00 


25,750.00 


Cincinnati, Ohio, 


5s, 


1910-1980, 


50,000.00 


50,000.00 


58,125.00 


<f << 


6s, 


1906-1909, 


49,000.00 


49,000.00 


50,810.00 


it tt 


?As 


1906, 


5,000.00 


5,000.00 


5,200.00 


Cleveland, " 


4sV 


1924-1938, 


40,000.00 


40,000.00 


41,150.00 


Columbus, " 


4s, 


1906-1910, 


20,000.00 


20,000.00 


20,025.00 


«« (< 


5s, 


1906-1910, 


42,000.00 


42,000.00 


48,565 00 


Dayton, " 


5s, 


1914r-1919, 


15,000.00 


15,000.00 


16,575.00 


Davenport, Iowa, 


4is 


1909, 


60,000.00 


60,000.00 


61,500.00 


Denver, Col., 


4s/ 


1905-1908, 


40,000.00 


40,000.00 


40,000 00 


Hoboken, N. J., 


*js, 


1907, 


18.000.00 
45,000.00 


18,000.00 


13,15000 


Jackson, Mich., 


5s, 


1907, 


45,000.00 


46,12500 


Kansas City, M6., 


4s, 


1910, 


25,000.00 


25,000.00 


25,850*00 


it i« << 


4*s, 


1915, 


' 106,000.00 


106,000.00 


113,420*00 


La Crosse, Wis., 


Bis, 


1920, 


42,000.00 


42,000.00 


40,82000 


Los Angeles, Cal., 


4s, 


1905-1987, 


29,750.00 


29,750.00 


80,05000 


(» tt 


4*s, 


1905-1928, 


12,000,00 


12,000.00 


12,75000 


tt tt 


5s, 


1904, 


4,000.00 


4,000.00 


4,000.00 


Milwaukee, Wis., 


Bis, 


1905-1922, 


45,000.00 


45,000.00 


45,000.00 


fi a 


58, 


1906, 


7,000.00 


7,000.00 


7,105.00 


Minneapolis, Minn., 


4is, 


1913-1922, 


20,000.00 


20.000.00 


21,875.00 


Muskegon, Mich., 
New York, N. Y., 


5s, 


1907-1915, 


40,000.00 


40,000.00 


48,000.00 


3is, 


1954, 


25,000.00 


25,000.00 


25,600.00 


Omaha, Neb., 


4s. 


1905, 


3,000.00 


8,000.00 


8,000.00 


it it 


4is, 


1906-1924, 


82,000.00 


82,000.00 


84,255.00 


n ft t 


5s, 


1905-1911, 


32,000.00 


82,000.00 


82,680.00 


Patereon, N. J., 


4s, 


1939, 


25,000.00 


25,000.00 


25,450.00 


tt tt 


A la 


1905-1910, 


55,000.00 


55,000.00 


56,045.00 


n tt 


5e, 


1912-1918, 


8,000.00 


8,000.00 


8.760.00 


Pittsburg, Pa., 
Portland, Ore., 


4s, 


1910-1925, 


15,000.00 


15,000.00 


15,412.00 


8e, 


1928, 


50,000.00 


50,000.00 


59,000.00 


Portland, Me., 


«•. 


1907, 


10,000.00 


10,000.00 


10,525.00 


Providence, "R. I., 


4fl, 


1927, 


21,000.00 


21,000.00 


22,950.00 


St. Louis, Mo., 


to, 


1905, 


44,000.00 


44,000.00 


44,220.00 


St. Paul, Minn., 


4s, 


1912, 


5,000.00 


5,000.00 


5,120.00 


tt tt 


4ie, 


1917-1919, 


40,000.00 


40,000.00 


48,540.00 


n it 


5s, 


1915, 


45,000.00 


45,000.00 


50,175.00 


San Diego, Cal., 


4*8 


1914-1917, 


25,000.00 


25.000.00 


25,750.00 


San Jose, " 


4+8, 


1905-1987, 


88,000.00 


83,000.00 


84,485.00 


Scranton, Pa., 


48, 


1910, 


5,000.00 


5,000.00 


5,075.00 


8pringfleld, 111., 


8is, 


1920, 


40,000.00 


40,000.00 


88,600.00 


Toledo, Ohio, 


8*8, 


1920-1921, 


25,000.00 


25,000.00 


24,125.00 


a n 


Ala 


1914, 


20,000.00 


20,000.00 


20,700.00 


Trenton, N. J., 


8i8, 


1929, 


25,000.00 


25,000.00 


25,000.00 


Wilkesbarre, Pa., 


4i8, 


1917-1927, 


60,000.00 


60,000.00 


66,900.00 


Wilmington, Del., 
Zanesville, Ohio, 


4s, 


1924-1926, 


50,000.00 


50,000.00 


50,750.00 


5s, 


1918, 


25,000.00 


25,000.00 


27,000.00 


Ansonia, Conn., 


4s, 


1905-1915, 


20,000.00 


20,000.00 


20,400.00 



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BANK COMMISSIONERS* REPORT. 



77 



CONNECTICUT SAVINGS BANK, NEW HAVEN.— Continued. 
IN VESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS.— CONTINUED. 



Branford, Conn., 


4s, 


1905-1909, 


Bridgeport, 44 




4s, 


1924, 


Bristol, 




4s, 


1927, 


Canton. " 




4s, 


1928, 


Danbury, 4< 




4s, 


1910-1912, 


Derby, 




4s, 


1914, 


Essex, 




4s, 


1905-1907, 


Groton, 




4s, 


1905-1915, 


Hartfd.Ct.,(N.E.Sch.Dist.),8is, 


1981, 


Huntington, Conn., 


4s, 


1917, 


Madison, 


" 


4s, 


1907, 


Middletown, 


<< 


4s, 


1904-1910, 


New Britain, 


«» 


4s, 


1906-1927, 


New Canaan, 


• < 


8*8, 


1929, 


New Haven, 


•' 


Sis, 


1909, 


** 


t* 


4s, 


1909-1928, 


New London, 


** 


7s, 


1905, 


Norwalk, 


«< 


8*s, 


1918, 


Norwich, 


** 


7s, 


1906, 


Orange, 


i« 


4s, 


1916, 


Preston, 


<« 


4s, 


1906, 


Roxbury, 


«« 


4s, 


1908-1925, 


Southbury, 


<< 


4s, 


1909, 


Wallingford, 


t» 


4s, 


1928, 


Washington, 


a 


48, 


1905-1916, 


Waterbury, 


*t 


4s, 


1910, 


Watertown, 


»« 


4s, 


1914, 


Willimantic, 


** 


4s, 


1904, 



Totals, $2,074,750,002,074,750.00 



RAILROAD BONDS. 

N. Y., New Haven & Hartford:- 
Harletn River & Portchester, 

Housatonic, 

New England, 

New Haven A Derby, 

New Haven & Northampton, 

New York & New England, 
«« ** 

New York, Prov. & Boston, 
Providence & Worcester, 

New London Northern, 

Maine Central, 

N. Y. Central & Hudson River, 



4s, 1911, $ 

4s, 1954, 

5s, 1987, 

5s, 1945, 

5s, 1918, 

5s, 1911, 

7s, 1905, 

6s, 1905, 

4s, 1942, 

4s, 1947, 

4s, 1910, 

4s, 1912, 

8*s, 1997, 

4s, 1905, 



PAR 

VALUE. 



10,000.00 
65,000.00 

4,000.00 
10,000.00 
10,000.00 
25,000.00 

3,000.00 
35,000.00 
20,000.00 
25,000.00 
10,000.00 
10,000.00 
40,000.00 
20,000.00 

5,000.00 

2,000.00 
15,000.00 
20,000.00 

4,000.00 

5,000.00 
25,000.00 
18,000.00 

7,000.00 
50,000.00 
22,000.00 
17,000.00 
80,000.00 
15,000 00 



115,000.00 
100,000.00 
21,000.00 
80,000.00 
16,000.00 
54,000.00 
10,000.00 
10,000.00 
27,000.00 
50,000.00 
50,000.00 
85,000.00 
75,000.00 
28,000.00 



BOOK 
VALUE. 



10,000.00 
65,000.00 

4,000.00 
10,000.00 
10,000.00 
25,000.00 

8,000.00 
85,000.00 
20,000.00 
25,000.00 
10,000.00 
10,000.00 
40,000.00 
20,000.00 

5,000.00 

2,000.00 
15,000.00 
20,000.00 

4,000.00 

5,000.00 
25,000.00 
18,000.00 

7,000.00 
50,000.00 
22,000.00 
17,000.00 
30,000.00 
15,000.00 



115,000.00 
100,000.00 
21,000.00 
80,000.00 
16,000.00 
54,000.00 
10,000.00 
10,000.00 
27,000.00 
50,000.00 
50,000.00 
85,000.00 
72,000.00 
23,000.00 



MARKET 
VALUE. 



10,000.00 

68,100.00 

4,080.00 

10,150.00 

10,050.00 

25,250.00 

8,000.00 

85,000.00 

19,000.00 

25,875.00 

10,000.00 

10,060.00 

40,400.00 

18,800.00 

4,950.00 

2,020.00 

15,000.00 

19,200.00 

4,000.00 

5,050.00 

25,000.00 

18,432.00 

7,000.00 

50,625.00 

22,055.00 

17,125.00 

80,100.00 

15,000.00 



2,141,584.00 



118,806.00 
106,000.00 
25,620.00 
87,500.00 
17,840.00 
57,240.00 
10,000.00 
10,000.00 
28,850.00 
52,625.00 
50,250.00 
85,850.00 
78,500.00 
23,000.00 



Digitized by 



Google 



78 



BANK COMMISSIONERS' BEPOBT. 



CONNECTICUT SAVINGS BANK, NEW HAVEN.— Continued. 
INYE8TMENTS.— Cohtimubd. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS.— CONTINUED. 








New York Central & Hudson River:— 








Beech Creek, 4s, 1986, $ 


86,000.00 


36.000.00 


87,980.00 


Mahoning Coal, 5s, 1934, 


80,000.00 


80,000.00 


86,000.00 


McKeesport & Belle Vernon, 6s, 1918, 


20,000.00 


20,000.00 


24,000.00 


Michigan Central, 5s, 1931, 


74,000.00 


74,000.00 


89,910.00 


Pitts., McKeesp't & Youghio'y, 6s, 1982, 


58,000.00 


53,000.00 


72,080.00 


Delaware & Hudson Co. : — 








Albany & Susquehanna, 6s, 1906, 
Pennsylvania Division, 7s, 1917, 


50,000.00 


50,000.00 


50,750.00 


60,000.00 


50,000.00 


65,500.00 


Rensselaer & Saratoga, 7s, 1921, 


100,000.00 


100,000.00 


140,000 00 


Delaware, Lack. & Western, 7s, 1907, 


24,000.00 


24,000.00 


25,800.00 


Bangor & Portland, 6s, 1930- , 32 f 


7,000.00 


7,000.00 


9,450.00 


Morris & Essex, 7s, 1914, 


100,000.00 


100,000.00 


126,000.00 


New York, Lack. & Western, 6s, 1921, 


107,000.00 


107,000.00 


187,495.00 


Pennsylvania Railroad Co. : — 








United N. J. R. R. & Canal Co., 4s, 1928, 


5,000.00 


5,000.00 


5,225.00 


4s, 1929, 


18,000.00 


18,000.00 


18,990.00 


4s, 1944, 


25,000.00 


25,000.00 


27,125.00 


River Front, 4*s, 1912, 


10,000.00 


10,000.00 


10,400.00 


Pitts., Youngst'n& Ashtabula, 5s, 1927, 


27,000.00 


27,000.00 


81,050.00 


Ashtabula & Pittsburg, 6s, 1908, 
Pitts., Port Wayne & Chicago, 7s, 1912, 


50,000.00 


50,000.00 


58,250.00 


42,000.00 


42,000.00 


50,400.00 


Cleveland & Pittsburg, 4*8, 1942, 


115,000.00 


115,000.00 


182,250.00 


Elmira & Williamsport, 6s, 1910, 


25,000.00 


25,000.00 


27,625.00 


Sunbury and Lewistown, 4s, 1986, 
Little Miami, 5s, 1912, 


40,000.00 


40,000.00 


40,700.00 


100,000.00 


100,000.00 


107,500.00 


Terre Haute & Indianapolis, 5s, 1925, 
Central Railroad of New Jersey, 5s, 1987, 


50,000.00 


50,000.00 


52,500.00 


75,000.00 


75,000.00 


99,000.00 


New York <fc Long Branch, 4s, 1941, 


10,000.00 


10,000.00 


10,500.00 


Wilkesbarre & Scranton, 4Je, 1988, 


50,000.00 


50,000.00 


58,000.00 


Erie Railroad :— 








Buffalo, New York & Erie, 7s, 1916, 


41,000.00 


41,000.00 


51,250.00 


Cleveland & Mahoning Valley, 5s, 1988, 


100,000.00 


100,000.00 


118,000.00 


Northern Rd. of New Jersey, 6s, 1917, 
New Castle & Shenango Valley, 6s, 1917, 


80,000.00 


80,000.00 


84,500.00 


20,000.00 


20,000.00 


28,500.00 


Sharon Railway, 4*4, 1919, 


87,000.00 


87,000.00 


88,850.00 


Chicago & Northwestern Ry. : — 
Madison Extension, 7s, 1911, 








75,000.00 


75,000.00 


88,875.00 


Menominee Extension, 7s, 1911, 


60,000.00 


60,000.00 


71,100.00 


Northwestern Union, 7s, 1917, 


80,000.00 


80,000.00 


89,600.00 


Chicago & Tomah, 6s, 1905, 


40,000.00 


40,000.00 


40,200.00 


Cedar Rapids & Mo. River, 7s, 1909, 


27,000.00 


27,000.00 


30,700.00 


7s, 1916, 


50,000.00 


50.000.00 


65,000.00 


Mil., Lake Shore & Western, 6s, 1921, 


85,000.00 


85,000.00 


44,450.00 


Mich. Div., 6s, 1924, 


15,000.00 


15,000.00 


19,650.00 


St. Paul & Sioux City, 6s, 1919, 


50,000.00 


50,000.00 


61,250.00 


Chi., St. P., Minn. A Omaha, 6s, 1980, 


50,000.00 


50,000.00 


66,750.00 


Chi., Milwaukee & St. Paul Ry., 4s, 1989, 


20,000.00 


20,000.00 


21,800.00 


Wisconsin & Minnesota, 5s, 1921 , 


51,000.00 


51,000.00 


58,895.00 


Southern Minnesota, 6s, 1910, 


10,000.00 


10,000.00 


11,000.00 



Digitized by 



Google 



BANK COMMISSIONERS' REPORT. 



79 



CONNECTICUT SAVINGS BANK, NEW HAVEN.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 



Chi., Milwaukee & St. Paul:— 
Dubuque Division, 
LaCrosse & Davenport, 
Convertible, 

Chi., Rock Island & Pacific Ry. t 



5s, 
7s, 
6s, 
4s, 
5s, 



BurL, Cedar Rapids & Nor., 
Evansville & Terre Haute, 6s, 

Chicago & Eastern Illinois, 6s, 
Illinois Central Railroad Co. :— 
Chi., St. Louis & New Orleans, 5s, 



Middle Division, 
Iowa Falls & Sioux City, 
Qreat Northern Railway Co. : — 
St. Paul, Minn. & Manitoba, 
Dakota Extension, 
" Montana Extension, 
Consolidated, 



5s, 

7s, 



1920, $ 

1919, 

1905, 

1917, 

1988, 

1906, 

1928, 

1907, 

1951, 
1921, 
1917, 



1909, 

1910, 

1937, 

4*s, 1988, 

6s, 1938, 

5s, 1908, 



6s, 
4s, 



Eastern Ry., of Minnesota, 
Chi., Burlington & Quincy Rd. Co.:— 
Chicago & Iowa, 5s, 1905, 

Illinois Div. (par $100,000), 8*s, 192&-'49, 
Ashland Coal & Iron Ry., 4s, 1905-'25, 

Piedmont & Cumberland, 5s, 1911, 



Totals, 



BANK STOCKS. 



45 shares National, 



185 

100 

50 

1400 

120 
50 
45 
40 
40 
60 
15 

110 
50 
50 
40 
94 

150 
75 



New Haven, $ 



Second National, 

Yale 

Tradesmen's National, " 

New Haven Co. Nat., " 

Merchants National, " 

City, 

Meriden National, Meriden, 

First 



Home 

Bridgeport 

Connecticut 

Waterbury 

Middletown 

First 

Union, 



Bridgeport, 

Waterbury, 
Middletown, 

New London, 



Nat. Bk. Commerce, New York, 
American Ex. Nat. 
First National, 



PAR 

VALUE. 



50,000.00 
5,000.00 
25,000.00 
25,000.00 
50,000.00 
30,000.00 
20,000.00 
5,000.00 

40,000.00 
68,000.00 
25,000.00 

45,000.00 
80,000.00 
50,000.00 
55,000.00 
20,000.00 
21,000.00 

20,00(5.00 

100,000.00 

25,000.00 

15,000.00 



4,500.00 

12,500.00 

10,000.00 

5,000.00 

14,000.00 

6,000.00 

5,000.00 

4,500.00 

4,000.00 

4,000.00 

3,000.00 

1,500.00 

5,500.00 

8,750.00 

5,000.00 

4,000.00 

9,400.00 

15,000.00 

7,500.00 



BOOK 
VALUE. 



50,000.00 

5,000.00 
25,000.00 
25,000.00 
50,000.00 
30,000.00 
20,000.00 

5,000.00 

40,000.00 
63,000.00 
25,000.00 

45,000.00 
80,000.00 
50,000.00 
55,000.00 
20,000.00 
21,000.00 

20,000.00 
90,000.00 
25,000.00 
15,000.00 



. $3,419,000,003,406,000,008,920,656.00 



4,500.00 

12,600.00 

10,000.00 

5,000.00 

14,000.00 

6,000.00 

5,000.00 

4,500.00 

4.000.00 

4,000.00 

8,000.00 

1,500.00 

5,500.00 

3,750.00 

5,000.00 

4,000.00 

9,400.00 

15,000.00 

7,500.00 



MARKET 
VALUE. 



63,000.00 

5,700.00 

44,000.00 

80,250.00 

51,750.00 

• 30,300.00 

24,000.00 

5,275.00 

49,400.00 
71,820.00 
81,000.00 

49,050.00 
88,000.00 
50,500.00 
59,950.00 
26,500.00 
21,630.00 

20,000.00 
92,500.00 
25,250.00 
15,750.00 



8,100.00 

23,125.00 

12,500.00 

7,600.00 

21,000.00 

6,900.00 

6,500.00 

4,500.00 

7,400.00 

4,800.00 

5.400.00 

2,250.00 

8,800.00 

5,250.00 

5,000.00 

4,200.00 

18,800.00 

81,500.00 

43,500.00 



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80 



BANK COMMISSIONERS REPORT. 



CONNECTICUT SAVINGS BANK, NEW HAVEN.— Continued. 
INVESTMENTS.— Cohttoubd. 



DESCRIPTION. 


FAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


BANK STOCKS. — CONTINUED. 

80 shares German American, New York,$ 
120 " Mechanics National, 
26 " Market & Fulton Nat., " 
25 " Corn Exchange, " 
25 " Fourth National. 
20 " Bank of N. Y., N. B. A., 44 
10 " Bank of America, •' 
10 ttW Importers & Traders Nat. , • • 


6,000.00 

3,000.00 
2,500.00 
2,500.00 
2,500.00 
2,000.00 
1,000.00 
1.000.00 


6.000.00 

3.000.00 
2,500.00 
2,500.00 
2,500.00 
2,000.00 
1,000.00 
1,000.00 


9,000.00 

7,050.00 
5,600.00 
9,250.00 
6,250.00 
5,400.00 
6,000.00 
5,400.00 


Totals, $ 


144,650.00 


144,660.00 


278,975.00 



MISCELLANEOUS ITEMS. 



Number of depositors having less than 
•1,000 

Number of depositors haying $1,000 and 
not over $2,000, 

Number of depositors having over $2,000 
and not over $10,000, 

Number of depositors having over $10,000, 



9 
10 
11 



12 
18 
14 
15 
16 
17 



19 
20 

21 



24 



16,741; total amount, 

2,281; total amount, 

656; total amount, 
0; total amount, 



$4,092,678.84 

2,986,398.99 

1,869,248.60 




Total number of depositors, . . 19,677; total deposits, $8,987,320.98 

Largest amount due a single depositor, 7,909.98 

Number of accounts opened during the past year, 4,117; num- 
ber closed, 8,568; increase, 669. 
Amount deposited, including interest credited, during the past 

year, 2,960.070.98 

Amount withdrawn during the past year, 2,795,710.01 



Amount of increase 164,860.98 

Total amount of interest, less profit and loss, per 

last report $40,604.15 

Amount of income received during the year, . 461,682.26 — 602,086.41 
Total expenses, including salaries, during the year, 21 ,288. 95 

State tax during the year, 20,817.96 

Town and city taxes and assessments paid, 1,166.27 
Net amount of premiums charged off, 48,463.78 
All other amounts charged off , .... 71,286.48 
18 'Dividends, If per cent, paid Jan. 15, 1904; amount, 146,070.07 
If percent, paid July 15, 1904;amount, 147,360.16 
Net amount carried to surplus, .... 18,820.77 
Total of interest and profit and loss and rent ac- 
counts per this report 88,862.02— 

Amount of past- due paper at this time is 

Amount of assets yielding no income the past year, . 
Loans on real estate — are they all first mortgages ? . 
Largest amount loaned on mortgage to any one individual, firm, 
company, society, or corporation, .... 



602,086.41 



6,000.00 

Yes 



60,000.00 



* Three per cent per annum on amounts from $3,000 to $6,000 ; no interest oyer $6,000. 



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EEPOBT. 81 



CONNECTICUT SAVINGS BANK, NEW HAVEN.— Continued. 

MISCELLANEOUS ITEMS. — Continued. 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation $41,100.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 108,600.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net mcome from foreclosed real estate during the past year, . 
20 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, July. 

Officebs.— - President, Burton Mansfield; Vice-President, Henrv P. English; 
Treasurer, Elliott H. Morse ; Directors or Trustees, Joel A. Sperry, "benjamin R 
English, Michael Sonnenberg, James T. Moran, Charles E. Curtis, Horace J. Mor- 
tcto, Wilbur P. Day, Eli Whitney, Frederick B. Parnsworth, Albert S. Holt. 



Digitized by LjOOQIC 



82 



BANK COMMISSIONERS* REPORT. 



DEEP RIVER SAVINGS BANK. 

Harvey J. Brooks, Treasurer. Incorporated, 1851. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $602,564.00 

Loans on collateral security, 148,927.00 
Loans on personal security 

only, .... 12,825.00 
Town, city, and borough 

notes and orders, . 86,000.00 

State bonds, 15,000.00 
Town, city, school district, 

and corporation bonds, . 265,000.00 

Railroad bonds, . 656,640.00 

Bank stocks in Connecticut, 40,428.88 

Bank stocks in other states, 5,707.89 

Real estate by foreclosure, . 8,560.00 

Banking-house, . 8,000.00 

Premium account, 84,548.18 

Cash in banks, . 87,292.40 

Cashinyault, . 2,749.50 



Total Assets, 



$1,868,781.75 



LIABILITIES. 

Whole amount of deposits, $1,776,060.54 

Surplus account, . 50,000.00 
Interest account, less cur- 
rent expenses, and taxes 

paid, .... 80,951.06 

Profit and loss account, . 6,119.58 

Rent account. . 100.62 

Loan account, . 500.00 



Total Liabilities, 



$1,868,781.75 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
TALUB. 


MARKET 

TALUB. 


STATE BONDS. 

Commonwealth of Massachusetts, 8}s, 1928, $ 

town, crrr, and borough notes and orders. 

Town of Saybrook, Note, $ 
" Haddam, Orders, 
Wallingford, Note, 
Borough of Wallingford, Note, 


15,000.00 

11,000.00 
8,000.00 
5,000.00 

12,000.00 


15,000.00 

11,000.00 
8,000.00 
5,000.00 

12,000.00 


15,600.00 

11,000.00 
8,000.00 
5,000.00 

12,000.00 


Totals, $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

City of Altoona, Pa., 4s, 1925, $ 
" Belfast, Me., 4s, 1918, 
" Boston, Mass., 4s, 1916, 
•• Buffalo, N.Y., 7s. 1915, 
" Cleveland, O., 4s, 1922, 


86,000.00 

10,000.00 
5,000.00 

10,000.00 
5,000.00 

10,000.00 


86,000.00 

10,000.00 
5,000.00 

10,000.00 
5,000.00 

10,000.00 


86,000.00 

10,200.00 
5,200.00 

10,500.00 
6,600.00 

10,400.00 



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BANK COMMISSIONERS* REPORT. 



83 



DEEP RIVER SAVINGS BANK.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWH, CITY, SCHOOL DISTRICT, AND CORF. BONDS. 
— CONTINUED. 

City of Cincinnati, O., 6b, 1906, ( 

" Cincinnati, O., 7s, 1908, 

" Colorado Springs, Col., 4*8, 1907-12, 

" Columbus, O., 4i, 1909. 

" Columbus, O., 4*s, 1909, 

'• Dayton, O., 5s, 1917, 

" Hoboken, N.J., 4*8,1912, 

M Hoboken, N.J. , 4s, 1919, 

' • Jersey City, N. J. , 4*s, 1927, 

" Kansas City, Mo., 4*8, 1915, 

" Lewiston, Me., 5s, 1917, 

" fc Lexington, Ky., 4*s, 1932-83, 

M McKeesport, Pa., 4*s, 1910-20, 

" Minneapolis, Minn., 4*s, 1921, 

" New Albany, Ind., 5s, 1915, 

M Omaha, Neb., 4*s, 1924, 

" Paterson, N. J., 4*s, 1906, 

" Pawtucket,R. L, 4s, 1910, 

" Portland, Ore., 5s, 1922, 

«' Pueblo, Col., 4*8, 1918, 

" Toledo, O., 4s, 1924, 

" Wilksbarre, Pa., 4*s, 1924, 

•' Wilmington, Del., 4s, 1924, 

" Youngstown, O., 5s, 1910, 

Town of Orange, Conn., 4s, 1916, 

Plainfield, Conn., 4s, 1906, 

Stratford, " 4s, 1907, 



Totals, 



RAILROAD BONDS. 



Ashland Coal & Iron, 

Atchison & Nebraska, 

Atchison, Topeka & Santa Fe, 

Baltimore & Harrisburg, 

Bangor & Portland, 

Buffalo Creek, 

Buffalo, New York& Erie, 

Buffalo & Susquehanna, 

Burlington & Missouri River, 

Central Railroad of New Jersey, 

Chicago & Alton, 

Chic, Burl. AQuincy (la. Div.), 

Chicago & Eastern Illinois, 

Chicago & Indiana Coal, 

Chic, Mil. & St. P. (Dub. Div.), 



4s, 
7s, 
4s, 
5s, 
6s, 
to, 
7s, 
4s, 
6s, 
5s, 
3s, 
5s, 

r,s, 

5s, 



1925, i 

1908, 

1995, 

1986, 

1980-86, 

1907, 

1916, 

1951, 

1918, 

1987, 

1949, 

1919, 

1937, 

1936, 

1920, 



PAR 
VALUE. 



6,000.00 

10,000.00 

15,000.00 

10,000.00 

6,000.00 

2.000.00 

10,000.00 

10,000.00 

10,000.00 

5,000.00 

2,000.00 

13,000.00 

8,000.00 

18,000 00 

10,000.00 

5,000.00 

10,000.00 

15,000.00 

15,000.00 

5,000.00 

10,000.00 

10,000.00 

10,000.00 

10,000.00 

1,000.00 

4,000.00 

1,000.00 



265,000.00 



10,000.00 

5,000.00 

5,000.00 

25,000.00 

13,200.00 

10,000.00 

15,000.00 

6,000.00 

10,000.00 

10,000.00 

20,000.00 

19,000.00 

10,000.00 

10,000.00 

5,000.00 



BOOK 
VALUE. 



5,000.00 

10,000.00 

15,000.00 

10,000.00 

6,000.00 

2,000.00 

10,000.00 

10,000.00 

10,000.00 

5,000.00 

2,000.00 

18,000.00 

8,000.00 

18,000.00 

10,000.00 

5,000.00 

10,000.00 

15,000.00 

15,000.00 

5,000.00 

10,000.00 

10,000.00 

10,000.00 

10,000.00 

1,000.00 

4,000.00 

1,000.00 



265,000.00 



10,000.00 

5,000.00 

5,000.00 

25,000.00 

13,200.00 

10,000.00 

15,000.00 

5,940.00 

10,000.00 

10,000.00 

16,700.00 

19,000.00 

10,000.00 

10,000.00 

5,000.00 



MARKET 
VALUE. 



5,200.00 

11,200.00 

15,800.00 

10,100.00 

6,180.00 

2,260.00 

10.500.00 

10,300.00 

10,900.00 

5,400.00 

2,240.00 

14,560.00 

8,560.00 

14,560.00 

11,000.00 

5,850.00 

10,100.00 

15,150.00 

17,550.00 

5,800.00 

10,800.00 

11,200.00 

10,400.00 

10,700.00 

1,080.00 

4,000.00 

1,010.00 



288.250.0a 



10,200.00 

5,400.00 

5,150.00 

29,000.00 

17,688.00 

10,600.00 

19,500.00 

5,940.00 

11,500.00 

13,800.00 

17,000.00 

20,710.00 

11.900.00 

11,700.00 

6,250.00 



Digitized by 



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84 



BANK COMMISSIONED 7 REPORT. 



DEEP RIVER SAVINGS BANK.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 



Chic, Mil. & St. P.(W. &M. Diy.), 5s, 
Chic, Mil.,&8t. P.(C.&P.W.Dv.), 5s, 
Chic, Rock Island & Pacific, 
Chicago & Western Indiana, 
Cincinnati, Hamilton A Dayton, 



4s 
6s 
5s, 

5s, 
7s, 
6s, 



Cleveland & Mahoning Valley, 
Delaware* Hud. Canal (Pa. Div.), 
Elmira & Williamsport, 
Erie & Pittsburg, 
Evansville A Terre Haute, 
Goshen A Deckerstown, 6sj 

Indiana Block Coal, 7s, 

Iowa Falls A Sioux City, 7s, 

Joilet A Northern Indiana, 7s, 

Kalamazoo & White Pigeon, 5s 

Kan. City, St. Jo. A Council Bluffs, 7s^ 
Louisville A Nashville, 4s L 

Mahoning Coal, 5s, 

McKeesport A Belle Vernon, 6s 

Michigan Central, 
Milwaukee, Lake Shore A West'n, 5s| 
Minneapolis A St. Louis, 5s, 

Minneapolis A St. Louis, 4s! 

Minn. A St. Louis (la. Div.), 7s, 

New London A Northern, 4s, 

N. Y., Lackawanna & Western, 6s, 
New York, N. H. A Hartford :— 

(Har. R. A Pt. ChA 
New York, Providence & Boston, 4s, 
Northern R. R. of New Jersey, 6s, 
Northwestern Union, 7s, 

Oswego A Rome, 7s, 

Peoria & Pekin Union, 6s 

Piedmont & Cumberland, 5s 

Pitts., McKeesport &Youghiogh'y, 6s, 
Potomac Valley, 5s, 

Providence & Worcester, 4s, 

Rensselaer A Saratoga, 7s, 

Shamokin, Sunbury & Lewisburg, 5s, 
Southwest Pennsylvania, 7s, 

St. Paul, Minneap. A Manitoba, 4*8, 
St. P., Minn. A Man ito. (Mont. Ex.), 4s, 
Sunbu ry A Lewistow n , 4s, 

Syracuse, Phoenix A Oswego, 6s, 
Term. R. R. Assoc, of St. Louis, 5s, 
Term. R. R. Assoc, of St. Louis, 4s, 
Terre Haute A Indianapolis, 5s, 

United N. J. R. R. A Canal Co., 4s, 



1921, 
1921, 
1988, 
1932, 
1905, 
1988, 
1917, 
1910, 
1940, 
1921, 
1928, 
1908, 
1917, 
1907, 
1940, 
1907, 
1940, 
1984, 
1918, 
1909, 
1922, 
1984, 
1949, 
1909, 
1910, 
1921, 

1954, 
1942, 
1917, 
1917, 
1915, 
1921, 
1911, 
1982, 
1941, 
1947, 
1921, 
1912, 
1917, 
1988, 
1987, 
1936, 
1915, 
1944, 
1953, 
1925, 
1929, 



PAR 
VALUE. 



5,000.00 
10,000.00 
25,000.00 
14,000.00 

8,000.00 
20,000.00 
10,000.00 
10,000.00 

5,000.00 

5,000.00 

8,000.00 
14,000.00 
10,000.00 
17,000.00 
15,000.00 

5,000.00 
10,000.00 

7,000.00 
10,000.00 
10,000.00 

8,000.00 
10,000.00 
10,000.00 

4,000.00 

1,000.00 
10,000.00 

10,000.00 

1,000.00 

11,000.00 

5,000.00 

10,000.00 

15,000.00 

10,000.00 

16,000.00 

5,000.00 

10,000.00 

5,000.00 

5,000.00 

2,000.00 

20,000.00 

10,000.00 

10,000.00 

5,000.00 

3,000.00 

10,000.00 

20,000.00 

10,000.00 



BOOK 
VALUE. 



5,000.001 

10,000.00, 

25,000.00 

14,000.00 

8,000.00 

20,000.00 

10,000.00 

10,000.00 

5,000.00 

5,000.00 

8,000.00 

14,000.00 

10,000.00 

17,000.00 

15,000.00 

5,000.00 

9,800.00 

7,000.00 

10,000.00 

10,000.00 

8,000.00 

10,000.00 

10,000.00 

4,000.00 

1,000.00 

10,000.00 

10,000.00 

1,000.00 

11,000.00 

5,000.00 

10.000.00 

15,000.00 

10,000.00 

16,000.00 

5,000.00 

10,000.00 

5,000.00 

5,000.00 

2,000.00 

20,000.00 

10,000.00 

10,000.00 

5,000.00 

8,000.00 

10,000.00 

20,000.00 

10,000.00 



MARKET 
VALUE. 



5,750.00 

11,600.00 

26,250.00 

15,400.00 

8,080.00 

24,000.00 

18,800.00 

10,900.00 

5,000.00 

6,000.00 

3,900.00 

14,700.00 

12,800.00 

18,860.00 

18,000.00 

5,850.00 

10,100.00 

8,400.00 

11,300.00 

11,000.00 

8,360.00 

11,600.00 

9,600,00 

4,480.00 

1,000.00 

18,000.00 

10,800.00 

1,070.00 

18,200.00 

6,600.00 

12,600.00 

18,800.00 

10,500.00 

22,400.00 

5,900.00 

10,600.00 

7,100.00 

5,800.00 

2,640.00 

21,800.00 

10,800.00 

10,100.00 

5,900.00 

8,510.00 

10,000.00 

21,400.00 

10,800.00 



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BANK COMMBSSIOKEES' BEPOBT. 



85 



DEEP RIVER SAVINGS BANK.— Continued. 
INVESTMENTS.— Cohtdtoed. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS.— CONTINUED. 








United N. J. R. R. & Canal Co., 4s, 1944, $ 


10,000.00 


10,000.00 


11,000.00 


Western R. R. of Minnesota, 7s, 1907, 


13,000.00 


13,000.00 


18,910.00 


Wilkesbarre A 8cranton, 4*s, 1988, 


10,000.00 


10,000.00 


11,000.00 


Willmar A Sioux Falls, 5s, 1938, 


10,000.00 


10,000.00 


11,700.00 


Totals $ 


660,200.00 


656,640.00 


747,498.00 


BANK STOCKS. 








20 shares Ansonia National Bank, $ 


1,000.00 


1,575.00 


1,700.00 


10 " Brooks Nat. Bank, Torrington, . 


1,000.00 


1,000.00 


1,650.00 


100 " Deep Riyer National, . 


10,000.00 


10,000.00 


11,500.00 


SO " First National Bank, Hartford, . 


3,000.00 


3,190.00 


4,200.00 


13 " " " Mcriden, 


1,200.00 


1,680.00 


2,400.00 


80 M " " Wallingford, 


3,000.00 


8,000.00 


8,760.00 


20 " Hartford National Bank, 


2,000.00 


2,720.00 


2,800.00 


88 •• Home National Bank, Meriden, . 


8,800.00 


4,471.83 


4,940.00 


20 " Meriden " ... 


2,000.00 


2,220.00 


2,200.00 


84 ,l Middletown National Bank, 


2,550.00 


3,292.00 


8,570.00 


20 '• NewBritian 


2,000.00 


8,200.00 


8,200.00 


60 " Waterbury 


2,500.00 


4,075.00 


4,250.00 


54 " Merchants Nat. Bank, New York, 


2,700.00 


3,207.39 


4,860.00 


25 " Nat'l Bank of Commerce, N. Y., . 


2,500.00 


2,500.00 


5,875.00 


Totals $ 


89,250.00 


46,180.72 


56,395.00 



9 
10 



MISCELLANEOUS ITEM8. 

Number of depositors having less than 

$1,000, 2,417; total amount, $514,015.41 

Number of depositors having $1,000 and 

not over $2,000, 267; total amount, 857,752.33 

dumber of depositors having over $2,000 

and not over $10,000, . 221 ; total amount, 863,687.08 

Number of depositors having over $10,000, 4; total amount, 40,605.72 

Total number of depositors, . . 2,909; total deposits, $1,776,060.54 

Largest amount due a single depositor, 10,893.44 

Number of accounts opened during the past year, 251; number 

closed, 203; increase, 48. 
Amount deposited, included interest credited, during the past 

year, 274,881.79 

Amount withdrawn during the past year, 201,570.83 

Amount of increase, 73,310.96 



"Digitized by 



Google 



86 



BANK COMMISSIONERS' REPOBT. 



DEEP RIVER SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 



$85,621.11 
90,811.84— 

5,668.18 

3,982.97 

186.56 

6,910.00 

490.22 

88,184.95 

84,088.86 

6,000.00 

87,171.21— 



11 Total of interest and profit and lose and rent ac- 

counts per last report 

12 Amount of income received during the year, 
18 Total expenses, including salaries, during the 

year 

14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, .... 

18 Dividends: 2 per ct. paid Nov. 2, 1908; amount, 

2 per ct. paid May 2, 1904; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages ? 
24 Largest amount loaned on mortgage to any one individual, 

firm, company, society, or corporation 

26 Largest amount of personal loan to any one individual, firm, 
company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm 

company, society, or corporation 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, first Monday in July. 
80 Date of annual meeting to eleot President, Treasurer, and 
other officers, first Monday in July. 



$126,482.95 



126,482.95 





Yes 

20,000.00 

10,000.00 

40,000.00 

4** 
891.06 



Officebs.— President, Milon Pratt ; Treasurer, Harvey J. Brooks ; Directors 
or Trustees, Milon Pratt, Henry L. Shaler, Horace P. Denison, Richard L. Selden, 
Charlton M. Pratt, Stillman J. Tiley, Harvey J. Brooks, Washington F. Willcox, 
Richard P. Spencer, Rollin U. Tyler, Frederick L'Hommedleu, Gilbert F. Buck- 
ingham, Archibald W. Comstock, Henry M. Snell. 



Digitized by 



Google 



BANK COMMISSIONED' REPORT. 



87 



DERBY SAVINGS BANK. 
Thomas 8. Bibdsbye, Treasurer. Incorporated, 1846. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 


Loans on real estate, 


$1,458,885.00 


Whole amount of deposits, $8,689,711.09 


Loans on collateral sec'y, . 


859,848.20 


Surplus account, 100,000.00 


Loans on personal security 




Interest account, less cur- 


only, .... 


277,852.00 


rent expenses, and taxes 


United States bonds, 


500.00 


paid, .... 50,675.88 


Town, city, school district, 




Profit and loss account, . 665.11 


and corporation bonds, . 


629,000.00 




Railroad bonds. 


710,000.00 




Bank stocks in Connecticut, 


98,175.00 




Bank stocks in other states, 


48,500.00 




Real estate by foreclosure. 


8,100.00 




Banking house, 
Insurance and taxes ad- 


20,225.00 








Tanced on real estate 






mortgaged, . 


1,898.56 




Premium account, . 


95,188.69 




Ousatonic Water Co. stock, 


7,000.00 




Cash in banks, . 


117,648.72 




Cash in vault, . 


28,745.91 
(8,841,052.08 




Total Assets, 


Total Liabilities, . $8,841,052.08 



INVESTMENTS. 







PAR 


BOOK 


MABEET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


UNITED STATES BONDS. 








U. S. Consols, 4*, due 1907, 


. . . .$ 


500.00 


500.00 


580.62 


TOWN, CITY, SCHOOL DISTRICT, 


AND CORP. BONDS. 








City of Atlantic City, N. J., 


4*s, 1918, $ 


20,000.00 


20,000.00 


20,600.00 


• «« «« ** 


4s, 1980, 


20,000.00 


20,000.00 


20,850.00 


if t* u 


4s, 1981, 


15,000.00 


15,000.00 


15,675.00 


*' Canton, O., 


4*8, 1911-12, 


18,000.00 


18,000.00 


18,810.00 


(1 u 


4*s, 1915, 


15,000.00 


15,000.00 


16,050.00 


" Derby, Conn., 


4s, 1914, 


40,000.00 


40,000.00 


41,200.00 


«i «t 


3*8, 1914, 


8,000.00 


8,000.00 


8,000.00 


«« ** 


8*8, 1921, 


21,000.00 


21,000.00 


21,000.00 


" Duluth, Minn., 


4*s, 1926, 


25,000.00 


25,000.00 


28,000.00 


" Kansas City, Kan., 


5s, 1918, 


80,000.00 


80,000.00 


88,000.00 


«« <« " tt 


6s, 1915, 


15,000.00 


15,000.00 


18,000.00 


Mo.. 


4*8, 1915, 


25,000.00 


25,000.00 


27,250.00 


" Lexington, Ky., 


4*8, 1920, 


6,000.00 


6,000.00 


6,480.00 


" Lima, Ohio, 


5s, 1909, 


20,000.00 


20,000.00 


21,200.00 


" Los Angeles, Cal., 


4*s, 1916-18, 


10,000.00 


10,000.00 


10,900.00 


M i» ii 


5s, 1907, 


8,000.00 


8,000.00 


8,120.00 



Digitized by 



Google 



88 



BANK COMMISSIONERS* REPORT. 



DERBY SAVINGS B ANK.— Continubd. 
INVESTMENTS.— Continued. 



description. 



PAR 

VALUB. 



BOOK 
VALUE. 



MARKET 
VALUE. 



TOWN, CITT, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS.— CONTINUED. 



City of Muskegon, Mich., 



Chicago, 111., 
New Albany, Ind., 
New Britain, Conn., 
New Canaan, " 
Omaha, Neb., 



Portland, Ore., 
i« 

Pueblo, Col., 
ii 

Racine, Wis.. 
San Diego, Cal., 



Superior, Wis., 
Toledo, Ohio, 



Topeka, Kan., 
Waterbury, Conn., 
West Duluth, Minn., 



5s, 1908, 

4s, 1921, 

4s, 1920, 

5s, 1915, 

3*s, 1929, 

8*s, 1929, 

4s, 1918, 

4s, 1920, 

5s, 1912, 

5s, 1928, 

5s, 1928, 

4*s, 1914, 

5s, 1912, 

5s, 1916, 

4*s, 1985, 

4*8, 1936, 

4*s, 1937, 

4*s, 1938, 

6s, 1910, 

4*s, 1914, 

4s, 1942, 

8*s, 1980, 

4*s, 1914, 

4s, 1925, 

6s, 1905, 

4s, 1919, 

6s, 1911, 



Totals, 



RAILROAD BONDS. 



Ashland Coal & Iron, 
Chicago, Burlington A Quincy, 

" Ex., 
Chicago & Eastern Illino s, 



Chicago, Milwaukee & St. Paul : — 
Dubuque Div., 
Chicago & Pacific, 
Chicago & Pacific Western, 
Wisconsin & Minn., 
Wisconsin Valley, 
General Mortgage, 
Milwaukee & Northern, 



4s, 1925, 

8*8, 1949, 

49, 1905, 

6s, 1934, 

5s, 1937, 

6s, 1931, 

6s, 1920, 

6s, 1910, 

5s, 1921, 

5s, 1921, 

7s, 1909, 

8*s, 1989, 

6s, 1918, 



7,000.00 

25,000.00 

15,000.00 

80,000.00 

25,000.00 

5,000.00 

20,000.00 

10,000.00 

10,000.00 

20,000.00 

2.000.00 

15,000.00 

5,000.00 

20,000.00 

6,500.00 

6,500.00 

8,500.00 

8,500.00 

40,000.00 

8,000.00 

5,000.00 

80,000.00 

1,000.00 

20,000.00 

4.000.00 

1,000.00 

5,000.00 



7,000.00 

25,000.00 

15,000.00 

80,000.00 

25,000.00 

5,000.00 

20,000.00 

10,000.00 

10,000.00 

20,000.00 

2,000.00 

15,000.00 

5,000 00 

20,000.00 

6,500.00 

6.500.00 

3.500.00 

8.500.00 

40,000.00 

8,000.00 

5.000.00 

80,000.00 

1,000.00 

20,000.00 

4,000*00 

1,000.00 

5,000.00 



7,815.00 

'26,000.00 

15,450.00 

33,800.00 

25,000.00 

5,000.00 

20,400.00 

10,250.00 

10,850 00 

23,900.00 

2,380.00 

15,900.00 

5,425.00 

22,400.00 

7,410.00 

7,475.00 

4,042.50 

4,060.00 

40,000.00 

8,075.00 

5,800.00 

80,000.00 

1,060.00 

20,700.00 

4,000.00 

1,040.00 

5,700.00 



t 629,000.00 



80,000.00 
10,000.00 
10,000.00 
15,000.00 
15,000.00 
2,000.00 

20,000.00 
10,000.00 
10,000.00 
25,000.00 
10,000.00 
:*0,000.00 
5,000.00 



629,000.00 



80,000.00 
10,000.00 
10,000.00 
15,000.00 
16,000.00 
2,000.00 

20,000.00 
10,000.00 
10,000.00 
25,000.00 
10,000.00 
80,000.00 

5,000.00; 



P'„ 7,517.50 



28,500.00 
9,400.00 
10,000.00 
19,800.00 
17,700.00 
2,600.00 

25,200.00 
11,200.00 
11,600.00 
28,750.00 
11,400.00 
29.100.00 
5,800.00 



Digitized by 



Google 



BANK COMMISSIOlOiBS' EEPOBT. 



89 



DERBY SAVINGS BANK.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS.— CONTINUED. 



Chicago & Northwestern : — 
Cedar Rapids & Mo. River. 
Mil., L. Shore & Western, 

(I <« 4< 

Northern Illinois, 

Ottumwa, C. Falls & St. Paul, 

Chic, St. P., Minn. & Omaha, 

St. Paul & Sioux City, 
Chicago, Rock Island & Pacific, 

Bur., C. Rapids & Northern, 
Great Northern : — 

St. P., Minn. A Manitoba, 

<« it <i 

Dakota Ex.. 

Eastern Railway, Minn., 

Montana Central, 

Wil. & Sioux Falls, 
Illinois Central Ry., West. Lines, 
Lima Ry.. 

Louisville & Nashville, 
Miun. A St. Louis, 

" Iowa Ex., 

Morris & Essex, 

Tuscarora Valley, 

Western Maryland : — 
Baltimore & Cumberland Valley, 
Baltimore & Harrisburg, 

Potomac Valley, 



7s, 
6s, 
6s, 
5s, 
5s, 
6s, 
6s, 
4s, 
5s, 

4*8, 

6s, 
6s, 
4s, 
6s, 

58, 

4s, 
5s, 
6s, 
4s, 
5s, 
7s, 
7s, 
5s, 

6s, 
5s, 
5a, 
5s, 



1916, « 

1925, 

1921, 

1910, 

1909, 

1930, 

1919, 

1988, 

1934, 

1933, 

1»33, 

1910, 

1948, 

1937, 

1938. 

1957, 

1906-16, 

1930, 

1949, 

1934, 

1909, 

1914, 

1917, 

1931, 
1986, 
1988, 
1941, 



Totals, 



BANK STOCKS. 



60 shares Ansonia National, Ansonia, 



413 " Birmingham 

63 " Bridgeport 

52 " City 

27 •' Connecticut 

23 •• First 

40 " Central 

41 " Middletown 
125 M Merchants 

83 " National, 

5 " National Tradesmen's, 

300 €l New Haven Co. Nat., 

50 " Second 

73 -i Tale 

Bake— 7 



Derby, 
Bridgeport, 



Middletown, 
New Haven, 



PAR 

value. 



5,000.00 

5,000.00 

15,000.00 

5,000.00 

1.000.00 

60.000 00 

40 000.00 

85,000.00 

20,000.00 

20.000.00 

35,000.00 

30,000 Q0 

25 000 00 

35,000.00 

50,000.00 

15,000 00 

5,000.00 

8,000.00 

15,000.00 

9,000.00 

10,000.00 

5,000.00 

5,000.00 

20,000.00 
15.000.00 
10,000.00 
20,000.00 



$ 710,000.00 



3,000.00 
41,300.00 
3,150.00 
5,200 00 
2.700 00 
2.300.00 
3,000 00 
3,075.00 
6,250.00 
2,300.00 
500.00 
3,000.00 
5,000.00 
7,800.00 



BOOK 


MARKET 


VALUE. 


VALUE. 


5,000.00 


6,050.00 


5,000.00 


6.550.00 


15,000 00 


19,200.00 


5,000.00 


5,250.00 


1,000.00 


1.040.00 


60,000.00 


79.200.00 


40,000.00 


48.800.00 


85,000.00 


86,400.00 


20,000.00 


23,800.00 


20,000.00 


22,000.00 


35,000.00 


46,550.00 


30,000.00 


83.000.00 


25,000.00 


25.500.00 


35,000.00 


47.250.00 


50,000.00 


58,500.00 


15,000.00 


15.600.00 


5,000.00 


5.000.00 


8,000.00 


9,520.00 


15,000.00 


14.250.00 


9.000.00 


10.350.00 


10,000.00 


11,100.00 


5,000.00 


6.350.00 


5,000.00 


5,975.00 


20,000.00 


25,600.00 


15,000.00 


17.250.00 


10,000.00 


11,100.00 


20,000.00 


23,000.00 


710,000.00 


825,735.00 


3.000.00 


4,800.00 


41.300.00 


70,210.00 


3,150.00 


5,670.00 


5,200.00 


8,060.00 


2,700.00 


4.239.00 


2,300.00 


4.370.00 


3,000.00 


8,400.00 


3,075.00 


4.100.00 


6,250.00 


8,125.00 


2,800.00 


4,508.00 


500.00 


875.00 


8,000.00 


4,500.00 


5,000.00 


9,800.00 


7,300.00 


9,855.00 



Digitized by 



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90 



BANK COMMISSIONERS 7 REPORT. 



DERBY SAVINGS BANK.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



BANK STOCKS. — CONTINUED, 

51 shares First National, Norwich, $ 

40 i4 Citizens 

20 " Waterbury 
153 " American Ex. " 
282 " Nat'l Bk. Commerce, 



Waterbury, 

<« 

New York, 



Totals, 



PAR 
TALUS. 



5,100.00 

4,000.00 

1,000.00 

15,300.00 

28,200.00 



BOOK 
VALUE. 



5,100.00 

4,000.00 

1,000.00 

15,300.00 

28,200.00 



$ 141,675.00 141,675.00 251,050.00 



MARKET 
VALUE. 



4,590.00 

5,400.00 

1,600.00 

85,790.00 

61,758.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 7,055; total amount, $1,415,683.81 

2 Number of depositors having $1,000 and 

not over $2,000, 719; total amount, 965,886.92 

8 Number of depositors having over $2,000 

and not over $10,000, . 405; total amount, 1,282,925.50 

4 Number of depositors having over $10,000, 2; total amount, 25,764.86 

5 Total number of depositors, . . 8,181; total deposits, $8,689,711.09 

6 Largest amount due a single depositor, 15,851.80 

7 Number of accounts opened during the past year, 991; number 

closed, 885; increase, 156. 

8 Amount deposited, including interest credited, during the past 

year 803.488.63 

9 Amount withdrawn during the past year 057,869.69 

10 Amount of increase 146,118.94 

11 Total of interest and profit and loss and rent ac- 

counts per last report $27,499.94 

12 Amount of income received during the year, . 182,617.95— 210,117.89 
18 Total expenses, including salaries, during the year, 10, 520.21 

14 State tax during the year, 8,486.51 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, ... . 

18 Dividends: 2 per cent, paid Jan. 1, 1904; amount, 68,926.80 

2 per cent, paid July 1, 1904; amount, 70,893.88 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 51,840.99— 210,117.89 

21 Amount Of past-due paper at this time is 6,845.11 

22 Amount of assets yielding no income the past year, . 1,600 00 
28 Loans on real estate— are they alhfirst mortgages? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 41,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 67,012.00 

Digitized by LjOOQ IC 



' EEPOBT. 91 



BANK COMMISSIONED' EEPOBT, 



DERBY SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, $47,280.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 1% 

28 Net income from foreclosed real estate during the past year, . 88.94 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, June 80th. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, June 80th. 

Officers.— President, David Torrance ; Vice-President, George E. Barber 
Treasurer, Thomas S. Birdseve ; Assistant Treasurer, Henry S. Birdseye ; Di- 
rectors or Trustees, Charles EL. Nettleton, George W. Beardsley, George B. Clark 
The*. 8. Birdseye, John Peterson, Wm. H. Williams, Albert W. Phillips. 



Digitized by LjOOQIC 



92 



BANK COMMISSIONERS 7 REPORT. 



DIME SAVINGS BANK, CROMWELL. 

Arthub Boardman, Treasurer. Incorporated, 1871. 

STATEMENT, OCTOBER 1, 1904. 



AS8BT8. 

Loans on real estate, $105,698.09 

Loans on personal security 

only, .... 6,875.00 

Town, city, and borough 

notes and orders, . 16,500.00 

Town, city, school district, 

and 'corporation bonds, 15,000.00 
Bank stocks in Connecticut, 14,675.00 
Real estate by foreclosure, 800.00 

Insurance and taxes ad- 
vanced on real estate 

mortgaged, * . . . 15.25 

Cash in banks, 84,868.71 

Cash in vault, . 475.34 



Total Assets, 



$194,402.39 



LIABILITIES. 



Whole amount of deposits, 

8urplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 



Total Liabilities, 



$165,294.16 
11,000.00 



18,108.28 



$194,402.39 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Cromwell notes, ... $ 16,500.00 

TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. 

Town of Cromwell funding bonds, 4s, 1915, $ 15,000.00 



BANE STOCKS. 



26 shares Middlesex Co. Nat., Middlet'n, Conn., $ 



81 
82 
19 
15 
20 
5 
19 



Waterbury " Waterbury, 
City Nat. (for. Pahquioque). Danb'y, 

Central Nat., Middlet'n, Conn., 

Deep River, " Deep River, " 

Central, ,f Norwalk, " 

First, •« Stonington, " 

City Bank, Hartford, 



Totals, 



PAR 

VALUE. 



2,600.00 
1.550.00 
8.200.00 
1,425.00 
1,500.00 
2.000.00 
500.00 
1.900.00 



14,675.00 



BOOK 


MARKET 


VALUE. 


VALUE. 


16,500.00 


16,500.00 


15,000.00 


15,150.00 


2,600.00 


2.600.00 


1,550.00 


2.325.00 


8,200.00 


8.200.00 


1,425.00 


1,520.00 


1,500.00 


1,650.00 


2,000.00 


2,000.00 


500 00 


575.00 


1,900.00 


1,805.00 


14,675.00 


15,675.00 



Digitized by 



Google 



BANK COMMISSIONERS 7 REPORT. 



93 



DIME SAVINGS BANK, CROMWELL.— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 697; total amount, 

2 Number of depositors having $1,000 and 

not over $2,000, . .26; total amount, 

3 Number of depositors having over $2,000 

and not over $10,000, .13; total amount, 

4 Number of depositors having over $10,000, 0; total amount, 



9 
10 
11 



736; total deposits, 



number 



Total number of depositors, 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 

closed, 75; decrease, 28. 
Amount deposited, including interest credited, during the past 

year 

Amount withdrawn during the past year, .... 

Amount of decrease, 

Total of interest and profit and loss, and rent accounts per last 

report, $16,881.77 



$77,197.74 

88,414.91 

49,681.51 


$165,294.16 ' 
9,168.88 



88,658.37 

46,045.59 

7,387.22 



12 Amount of income received during the year, 8,559.26 — 

13 Total expenses, including salaries, during the year, 735.15 

14 State tax during the year, 268.69 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, ... 

17 All other amounts charged off , .... 151.81 

18 'Dividends, 2 per cent, paid Jan. 1, 1904; amount, 8,150.73 
2 per cent, paid July 1, 1904 ; amount, 3,031.92 

Net amount carried to surplus, 

Total of interest and profit and loss and rent 

accounts per this report, 18,108.23 — 

Amount of past-due paper at this time is 

Amount of assets yielding no income the past year, 

Loans on real estate— -are they all first mortgages? 

Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 

Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, .... 

Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the 



25,441.08 



19 
20 

21 



24 
25 



27 
28 



80 



past year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Monday of October. 
Date of annual meeting to elect President, Treasurer, and other 

officers, second Monday of October. 



25,441.08 



800.00 

Yes 

4,900.00 

2,000.00 








Officbbs. — President, Frank E. Hallock ; Treasurer, Arthur Boardman ; 
Directors or Trustees, Frank K. Hallock, Thomas W. Beaumont, Edward S. Coe, 
George H. Butler, Seth Paddock, Arthur Boardman, Samuel V. Hubbard, Edbert 
D. Hammond, George P. Savage, Daniel B. Marsh, Charles B. Frisbie, George S. 
Butler, Charles E. Bush,Caleb S. Pease, William P. Couch, Arthur H. Boardman. 

•8} per cent per annum on accounts from $2,000 to $6,000; 3 per cent, per annum in excess of $6,000. 



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94 



BANK COMMISSIONERS' REPORT. 



DIME SAVINGS BANK, HARTFORD. 
Robert W. Dwyer, Treasurer. Incorporated, 1870. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 


Loans on real estate, 


$1,064,817.07 


Whole amount of deposits, $2,086,662.69 


Loans on collateral security 


, 191,968.84 


Surplus account, 60,000.00 


School district notes and 




Interest account, less cur- 


orders 


1,700.00 


rent expenses, and taxes 


Town, city, school district. 




paid, .... 44,406.68 


and corporation bonds, 


168,000.00 


Profit and loss account, . 884.04 


Railroad bonds, 


681,846.00 




Railroad stocks, 


6,600.00 




Bank stocks in Connecticut, 


86,860.00 




Premium account, . 


62,026.00 




Cash in banks, 


100,888.66 




Cash in vault, . 


11,902.90 




Total Assets, . 


$2,190,468.26 


Total Liabilities, . $2,190,468.26 



INVESTMENTS. 



DESCRIPTION. 



SCHOOL DISTRICT NOTES AND ORDERS. 

School District No. 2, Enfield, Conn., . $ 

RAILROAD STOCKS. 

66 shares N. Y., N. H. & H. R. R. Co., . . $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 
BONDS. 



City of Colorado Springs, Col. 

Denver, " 

<f ft 

Pueblo, 
tf 1 1 

Chicago, 111., 

Council Bluffs, Iowa, 

Louisville, Ky., 
«« f« 

Lexington, " 
Minneapolis, Minn., 
St. Paul, 
Omaha, Neb., 

Newark, N. J., 
Peterson, " 



, 4s. 
6s, 
4s, 

?"• 
4*8. 

4s. 

4s, 

4*e, 

6s. 

4s. 

4*s, 

4*s, 

6s, 

6s. 

YfS, 

4s, 

48, 



1917, 
1906, 
1907, 
1906, 
1914, 
1912, 
1921, 
1919, 
1911, 
1984, 
1920, 
1921, 
1909, 
1912, 
1910, 
1922, 
1911, 



PAR 
TALUE. 



1,700.00 



5,500.00 



10,000.00 
4,000.00 

10,000.00 
7,000.00 

10,000.00 
8,000.00 

10,000.00 
5,000.00 
6,000.00 
1,000.00 

10,000.00 
5,000.00 
5,000.00 
6,000.00 
3,000.00 
5,000.00 
6,000.00 



BOOK 
VALUE. 



MARKET 
VALUE. 



1,700.00 1,700.00 



5,500.00 10,560.00 



10,000.00 
4.000.00 1 

10,000.00 
7,000.00 

10,000.00 
8,000.00 

10,000.00 
5,000.00 
6,000.00 
1,000.00 

10,000.00 
5,000.00 
5,000.00 
6,000.00 
8,000.00 
5,000.00 
5,000.00 



10,200.00 
4,160.00 

10,100.00 
7,850.00 

10,400.00 
8,090.00 

10,400.00 
5,860.00 
6,480.00 
1,060.00 

10,500.00 
5,600.00 
5,850.00 
6,540.00 
8,160.00 
5,500.00 
5,150.00 



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BANK COMMISSIONED' REPORT. 



95 



DIME SAVINGS BANK, HARTFORD.— Continued. 
INVESTMENTS.— CowrraOTD. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 
BONDS. — CONTINITRD. 



City of Toledo, O., 

" Seattle, Wash., 
" Superior, Wis., 
Town of West Hartford, 



4*s, 1913, tj 

5s, 1910, 

5s, 1912, 

4s, 1924, 



Totals, 



RAILROAD BONDS. 



Ashland Coal and Iron, 

Eald Bagle Valley, 

Beach Creek, 

Buffalo, New York A Erie, 

Buffalo A Susquehanna, 

Burlington, Cedar Rap. A Northern, 

■C tt l< 

Chicago A Alton, 
C. B. A Q., Iowa Div., 
Neb. Ext., 
" 7s extended, 

Chicago A Eastern Illlinois, 
Chicago, Milwaukee A St. Paul, 
C, M. A St. P., Lacrosse A D. Div., 
Chicago, Rock Island A Pacific, 
Chicago A Western Indiana, 
Cleveland A Mahoning Valley, 
Cleveland A Pittsburg, 
Dos Moines A Minneapolis, 
Erie A Pittsburg, 
Hannibal ft St. Joseph, 
Iowa Falls A Sioux City, 
Illinois Central. Springfield Div., 
Kan. City, St. Jo. A Council Bluffs, 
Louisville A Nashville Unified, 
McKeesport A Belle Vernon, 
Milwaukee, L. Shore A Western, 
Minn. A St. Louis, 

Montana Central, 

New York A Long Branch, 

Norwood A Montreal, 

Pittsburg, McC A Toughiogheny, 

Skaneateles, 

St. Paul, Minn. A Manitoba, 
tt tt tt 

•• ' " Dak. Ext., 
" Mont. " 



4», 
6s, 
4s, 
7s, 
5s, 

68, 

6s, 
8s, 
48, 

48, 
48, 
68, 

8*s, 
6s, 

48, 

6s, 
8*8, 
7s, 
8*8. 

68, 

78, 

8*8, 

78, 

48, 

68, 

6s, 

68. 
48, 
68, 
48, 

6s, 

68, 

68, 

68, 

4^8, 

«8, 

4s, 



1925, 
1910, 
1936, 
1916, 
1918, 
1906, 
1984, 
1949, 
1919, 
1927, 
1905, 
1937, 
1989, 
1919, 
1988, 
1982, 
1988, 
1948, 
1907, 
1940, 
1911, 
1917, 
1951, 
1907, 
1940, 
1918, 
1925, 
1934, 
1949, 
1937, 
1941, 
1916, 
1932, 
1918, 
1909, 
1983, 
1910, 
1987, 



PAR 
VALUE. 



20,000.00 
1,000.00 
7,000.00 

20,000.00 



158,000.00 



10,000.00 

2,000.00 

9.000.00 

5,000.00 

28,500.00 

16,000.00 

25,000.00 

25,000.00 

10,000.00 

14,000.00 

10,000.00 

25,000.00 

10,000.00 

10,000.00 

25,000.00 

10,000.00 

25,000.00 

15,000.00 

1,000.00 

10,000.00 

10,000.00 

16,000.00 

15,000.00 

17,000.00 

20,000.00 

5,000.00 

5,000.00 

10,000.00 

30,000.00 

10,000.00 

10,000.00 

5,000.00 

5,000.00 

5,000.00 

5,000.00 

85,000.00 

10,000.00 

86,000.00 



BOOK 
VALUE. 



20,000.00 
1,000.00 
7,000.00 

20,000.00 



158,000.00 



10,000.00 

2,000.00 

9,000.00 

5,000.00 

23,500.00 

16,000 00 

25,000.00 

22,500.00 

10,000.00 

14,000.00 

10,000.00 

25,000.00 

10,000.00 

10,000 00 

25,000.00 

10,000.00 

25,000.00 

15,000.00 

1,000.00 

10,000.00 

10,000.00 

16,000.00 

15,000.00 

17,000.00 

19,845.00 

5,000.00 

5,000.00 

10,000.00 

80,000.00 

10,000 00 

10,000 00 

5,000.00 

5,000.00 

6,000.00 

6,000.00 

85,000.00 

10,000 00 

86,000.00 



IfARKDT 
VALUE. 



21,600.00 

1,060.00 

7,000.00 

20,600.00 



160,680.00 



10,800.00 

2,800.00 

9,720.00 

6,400.00 

24,500.00 

16.320.00 

30,000.00 

21,250.00 

10,200.00 

14,700.00 

10,025.00 

29,500.00 

9,900.00 

11,500.00 

26,500.00 

11,400.00 

80,000.00 

15,000.00 

1,100.00 

10,000.00 

11,500.00 

20,800.00 

14,250.00 

18,680.00 

20,200.00 

6,000.00 

6,650.00 

11,700.00 

29,400.00 

11,850.00 

11,200.00 

5,500.00 

6,500.00 

5,500.00 

5,500.00 

39.200.00 

11,200.00 

87,440.00 



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96 



BANK COMMISSIONERS' EBPOET 



DIME SAVINGS BANK, HARTFORD.— Continued. 



INVESTMENTS.— Contihubd. 



DESCRIPTION. 


PAR 


BOOK 


MARKET 




VALUE. 


VALUE. 


VALUE. 


Terminal R. R. Asson. of St. Louis, 4-frs, 1989, | 


10,000.00 


10,000.00 


11.850.00 


Terre Haute & Indianapolis, 5s, 1925, 


80,000.00 


80,000.00 


82,100.00 


United N. Jersey R. R. & Canal Co., 4s, 1944, 


5,000.00 


5,000.00 


5,750.00 


Willmar & Sioux Falls, 5s, 1938, 


10,000.00 


10,000.00 


11,850.00 


Totals, $ 


584,500.00 


581,845.00 


634,585.00 


BANK STOCKS. 








125 shares National Exchange, Hartford, $ 
102 " American National, 


6,250.00 


6,250.00 


8,125.00 


5,100.00 


5,100.00 


r 7,140.00 


95 " Phoenix 


9,500.00 


9,500.00 


11,400.00 


40 " Mercantile 


860.00 


860.00 


360.00 


86 " Farm's <&Mech." 


8,600.00 


8,600.00 


4,320.00 


83 " Charter Oak 


8,300.00 


8,800.00 


4,290.00 


21 «• Mm* 


2,100.00 


2,100.00 


4,200.00 


8 " First 


300.00 


800.00 


435.00 


9 " Conn. Trust & S. D. Co., " 


900.00 


900.00 


2,250.00 


9 " 8tateBank, 


900 00 


900.00 


1,260.00 


17 ■• Middlesex Co. National, Middletown, 


1,700.00 


1,700.00 


1,785.00 


88 " Middletown 


2,850.00 


2,850.00 


3,990.00 


Totals, $ 


36,860.00 


86,860.00 


49,555.00 



MISCELLANEOUS ITEMS* 

1 Number of depositors having less than 

$1,000, 9,290; total amount, $1,071,886.40 

2 Number of depositors having $1,000 and 

not over $2,000, .... 490; total amount, 681,400.69 
8 Number of depositors having over $2,000 

and not over $10,000 182; total amount, 882,375.60 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . . . 9,912; total deposits, $2,085,622.69 

6 Largest amount due a single depositor 9,207.84 

7 Number of accounts opened during the past year, 1,361; number 

closed, 986; increase, 875. 

8 Amount deposited, including interest credited, during the past 

year 630,084.99 

9 Amount withdrawn during the past year 471,841.63 

10 Amount of increase, 158, 193.86 

11 Total of interest and profit and loss and rent ac- 

counts per last report $41,295.97 

12 Amount of income received during the year, . 98,122.19— 139,418.16 
18 Total expenses, including salaries, during the year, 6,875.00 



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BANK COMMISSIONED' REPOBT. 



97 



DIME SAVINGS BANK, HARTFORD.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 



$4,589.59 



4,430.12 

1,004.26 

35,74?.49 

86,986.18 

5,000.00 



44,790.57— 



14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, . 

17 All other amounts charged off, .... 

18 Dividends, 2 per cent, paid Oct. 1, 1908; amount, 

2 per cent, paid Apr. 1, 1904; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate, are they all first mortgages ? 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year? Own 

no real estate. 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Wednesday in July. 
80 Date of anual meeting to elect President, Treasurer, and other 
officers, third Wednesday in July. 



189,418.16 



360.00 

Yes. 

80,000.00 



47,000.00 



Offigbbs:— President, P. Henry Woodward ; Treasurer, Robert W. Dwyer; 
Directors or Trustees, Charles B. Whiting, C. S. Davidson, Silas Goodell, E. O. 
Goodwin, John O. Enders, P. Henry Woodward, Henry L. Bunce, Thomas Sisson, 
Geo. H. Day, R. H. Ensign, N. W. Hayden, John R. Redfield, W. O. Burr, Sam- 
uel G. Dunham, R. P. Chapman, Edw. B. Hatch, E. C. Hilliard, C. C. Kimball, 
Wm. Waldo Hyde, D. A. Rood, Thomas M. Smith, R. W. Huntington, Jr., Robert 
W. Dwyer. 



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98 



BANK COMMISSIONED REPORT. 



, THE DIME SAVINGS BANK OP NORWICH. 

Frank L. Woodabd, Treasurer. Incorporated, 1869. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, $775,037.78 

Loans on collateral sec'rity, 210,044.98 
Loans on personal security 

only 15,800.00 

Town, city, aud borough 

notes and orders, . 25,000.00 
School district notes and 

orders 55,500.00 

Town, city, school district, 

and corporation bonds, . 428,800.00 
Railroad bonds, 765,000.00 
Bank stocks in Connecticut, 55,420.00 
Real estate by foreclosure, 58,814.87 
Banking house, 14,000.00 
Insurance and taxes ad- 
vanced on real estate mtg., 170.00 
Premium account, . 24,500.00 
Corporation stock, . 8,500.00 

Rent 86.68 

Cash in banks, . 86,486.86 

Cash in vaults, . 8,889.46 



Total Assets, 



. $2,515,500.08 



LIABILITIES. 

Whole amount of deposits, $2,868,550.17 

Surplus account, 100,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid 89,785.05 

Profit and loss account, . 12,214.86 



Total Liabilities, 



$2,515,500.08 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Oily of Norwich, Conn., I 

SCHOOL DISTRICT NOTES AND ORDERS. 

Central School District of Norwich, . . $ 
Falls School District of Norwich, . 


25,000.00 

58,000.00 
2,500.00 


25,000.00 

58,000.00 
2,500.00 


25,000.00 

58,000.00 
2,500.00 


Totals, r $ 

CORPORATION STOCKS. 

50 shares Attawaugan Company, . $ 


55,500.00 
5,000.00 


55,500.00 
8,500.00 


55,500.00 
8,500.00 



Digitized by LjOOQIC 



BANK COMMISSIONEBS' REPORT. 



99 



THE DIME SAVINGS BANK OP NORWICH.— Continued. 
INVESTMENTS.— Continued. 









PAR 


BOOK 


MARKET 


DESCRIPTION. 






VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AND CORI 


\ BONDS. 








City of Los Angeles, Cal., 


4*8, 


1934, $ 


15,800.00 


15,300.00 


17,977.50 


" Denver, Col., 


4s, 


1907, 


6,000.00 


6,000.00 


6,000.00 


Town of Huntington, Conn., 


4s, 


1917, 


20,000.00 


20,000.00 


20,000.00 


City of Norwich, Ct., sink'g fund, 5s, 


1908, 


1,000.00 


1,000.00 


1,040.00 


<• a i« 


3*s. 


1925, 


26,000.00 


26,000.00 


26,000.00 


Town of New Canaan, Conn., 


3*s, 


1929, 


25,000.00 


25,000.00 


25,000.00 


City of Sioux City, Iowa, 


4*s, 


1920, 


25,000.00 


25,000.00 


26,437.50 


" Duluth, Minn., gen. f d, 


5s, 


1918, 


6,000.00 


6,000.00 


6,765.00 


park, 


4s, 


1921, 


11,000.00 


11,000.00 


11,220.00 


gen. fd, 


5s, 


1928, 


6,000.00 


6,000.00 


6,930.00 


" Minneapolis, Minn., 


4s, 


1922, 


20,000.00 


20,000.00 


21,200.00 


" Omaha, Neb., library, 


5s, 


1912, 


10,000.00 


10,000.00 


10,650.00 


•• •• '• park, 
" Camden, N. S7, 


5s, 


1912, 


25,000.00 


25,000.00 


26,687.50 


4s, 


1926, 


10,000.00 


10,000.00 


10,750.00 


'• Hoboken, " 


4*8, 


1912, 


10,000.00 


10,000.00 


10,500.00 


" Paterson, •' 


4s, 


1910, 


25,000.00 


25,000.00 


25,125.00 


" school, 


4s, 


1929, 


25,000.00 


25,000.00 


25,562.50 


M N.Y. Cy., N.T., Graves'd 


, 5s, 


1934, 


11,000.00 


11,000.00 


14,025.00 


41 Cincinnati, Ohio, 


6s, 


1906, 


1,000.00 


1,000.00 


1,035.00 


•( ft a 


7*8, 


1906. 


5,000.00 


5,000.00 


5,300.00 


<< it u 


6s, 


1909, 


22,000.00 


22,000.00 


24,420.00 


41 Columbus, " 


5s, 


1910, 


25,000.00 


25,000.00 


26,687.50 


" Toledo, O.. gen f d rfdg., 
" Portland, Oregon, 


4*8, 


1914, 


25,000.00 


25,000.00 


26,562.50 


58, 


1922, 


35,000.00 


85,000.00 


40.600.00 


" Pawtucket, R. I., 


4s, 


1910, 


6,000.00 


6,000.00 


6,075.00 


a •< n 


4s, 


1937, 


22,000.00 


22,000.00 


23,100.00 


" Woonsocket, M 


4s, 


1921, 
. .$ 


10,000.00 


10,000.00 


10,125.00 


Totals, .... 


428,800.00 


428,800.00 


455,775.00 


RAILROAD BONDS. 












Beech Creek, 


4s, 


1936, $ 


25,000.00 


25,000.00 


26,500.00 


Burlington, C. R. A Northern, 
Chic., Burl. & Quincy, El. Div., 


5s, 


1984, 


50,000.00 


50,000.00 


61,000.00 


8*8, 


1949, 


50,000.00 


50,000.00 


47,500.00 


Chicago & Eastern Illinois, 


5s, 


1937, 


50,000.00 


50,000.00 


60,000.00 


Chicago, Milwaukee A St. Paul :- 












General Mortgage, 
Chic. & P. W. Diy., 


*4s, 


1989, 


45,000.00 


45,000.00 


49.500.00 


5s, 


1921, 


50,000.00 


50,000.00 


58,000.00 


LaCrosse & Dav. " 


5s, 


1919, 


80,000.00 


80,000.00 


34,200.00 


Mineral Point 


5s, 


1910, 


25,000.00 


25,000.00 


26,500.00 


Chicago A Northwestern :— 












Boyer Valley, 


3*8, 


1923, 


50,000.00 


50,000.00 


48,000.00 


Minn. & Iowa, 


8*s, 


1924, 


50,000.00 


50,000.00 


48,000.00 


Chic, R. I. & Pacific, 


4s, 


1988, 


75,000.00 


75.000.00 


78,750.00 


Cleveland & Pittsburg, 


«*B, 


1948, 


30,000.00 


80,000.00 


29,700.00 


Erie & Pittsburg, 


3*8, 


1940, 


25,000.00 


25,000.00 


24,000.00 



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100 



BANK COMMISSIONERS' BEPOBT. 



THE DIME SAVINGS BANK OP NORWICH.— Continued. 



INVESTMENTS.— Cohtohubd. 



DESCRIPTION. 


TINUKD 

4*s, 

6s, 

5s, 

4s, 

4s, 

5s, 

5s, 

orwich, 

tt 


1933, $ 

1910. 

1908, 

1937, 

1936, 

1917. 

1938, 

. . $ 

Conn., $ 
tt 

. . $ 


PAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


RAILROAD BONDS.— COH 

St. Paul, Minn. & Manitoba :— 

Conso). Mortgage, 

Dakota Extension. 

Eastern R. of Minn., 

Montana Extension, 
Sunbury & Lewistown, 
Tuscarora Valley, 
Willmar & Sioux Falls, 


60,000.00 
30,000.00 
10,000.00 
50,000.00 
25,000.00 
10,000.00 
25,000.00 


60,000.00 
30,000.00 
10,000.00 
50.000.00 
25,000.00 
10,000.00 
25,000.00 


66,000.00 

33,600.00 
10,450.00 
51,750.00 
25,000.00 
10,000.00 
29,875.00 


Totals, 

BANK BTOCKB. 

311 shares Thames National, N 
181 " Merchants " 


765,000.00 

81,100.00 
13.100.00 

44,200.00 


765,000.00 

42,820.00 
18,100.00 


817,825.00 

52,870.00 
15,065.00 


Totals, 


55,420.00 


67,935.00 



MISCELLANEOUS ITEMS. 



Number of depositors having less than 
$1,000 

Number of depositors having $1,000 and 
not over $2,000, 

Number of depositors having over $2,000 
and not over $10,000, 

Number of depositors having over $10,000, 



5,977 ; total amount, 

421 ; total amount, 

228 ; total amount, 
7 ; total amount. 



$789,104.17 

707,955.00 

747,967.00 
168,524.00 



5 Total number of depositors, . . 6,638 ; total deposits, $2,863,550.17 

6 Largest amount due a single depositor, 51,451.00 

7 Number of accounts opened during the past year, 1,252 ; num- 

ber closed, 962 ; increase, 290. 

8 Amount deposited, including interest credited, during the past 

year, 545,264.80 

9 Amount withdrawn during the past year, . 

10 Amount of increase 

11 Total of interest and profit and loss and rent ac- 

counts per last report 

12 Amount of income received during the year, 
18 Total expenses including salaries during the year, 

14 State tax during the year, .... 

15 Town and city taxes and assessments paid, . 

16 Net amount of premiums charged off, . 

17 All other amounts charged off, 



466,848.65 
78,915.65 



$57,909.44 
107, t 583.*82— 165,492.76 

8,815.88 

4,527.84 
255.43 

6,583.20 

8,558.17 



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BANK OOfeMIS8IOKEBS' BEPOBT. 



101 



THE DIME SAVINGS BANK OP NORWICH.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 



18 Dividends, 2 percent, paid Nov. 1, 1903 ; amount, 

2 per cent, paid Maj 1, 1904 ; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss accounts per 

this report, 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, 

23 Loans on real estate— are they all first mortgages? 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, .... 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, ...... 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, 2d Wednesday in May. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, 2d Wednesday in May. 



$44,664.08 

45,188.75 



51,949.91— $165,492.76 



1,899.00 

Yes 

87,500.00 

6,000.00 

50,000.00 

tofl* 
860.01 



Officebb.— President, J. Hunt Smith ; Treasurer, Frank L. Woodard ; 
Vice Presidents, Francis J. Leavens, Wm. C. Osgood, W. R. Burnham; Directors 
or Trustees, Gardiner Greene, E. George Bidwell, Nicholas Tarrant, Frank L. 
Woodard. Reuben S. Bartlett, Vine S. Stetson, George A. Davis, N. Douglas Sevin, 
Wm. B. Young. 



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102 



BANK COMMISSIONERS REPORT. 



THE DIME SAVINGS BANK OP WALLINGFORD. 

Leonard B. Bishop, Treasurer. Incorporated, 1871. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $586,145.00 
Loans on personal security 

only 41,425.00 

Railroad bonds, . . 165,000.00 

Bank stocks in Connecticut, 19,900.00 

Real estate by foreclosure, . 86,829.28 

Premium account, 7,849.08 

Cash in banks, . 9,959.22 

Cash in vault, 888.89 



Total Assets, 



t817.446.87 



LIABILITIES. 

Whole amount of deposits, $777,915.86 
Surplus account, 82,000.00 

Interest account, less cur- 

rent expenses, and taxes 

paid, .... 7,581.01 



Total Liabilities, . . $817,446.87 



INVESTMENTS. 



DESCRIPTION. 



RAILROAD BONDS. 



Beech Creek, 4s, 

Morris & Essex, 7s, 

New York, Lackawanna & Western, 6s, 

Chicago A Eastern Illinois, 5s, 

St. Paul, Minneapolis & Manitoba, 6s, 

Montana Central, 6s, 

Montana Central, 5s, 

Wilmar & Sioux Falls, 5s, 

Chicago, St. Paul, Minn. & Omaha, 6s, 

Burlington, C. Rapids & Northern, 5s, 

Chicago, St. Louis & New Orleans, 5s, 

Peoria & Pekin Union, 6s, 



Totals, 



BANK STOCKS. 



1986, $ 

1915, 

1921, 

1987, 

1988, 

1987, 

1937, 

1988, 

1980, 

1934, 

1951, 

1921, 



172 shares First National, Wallingford, Conn., $ 
11 " First National, Meriden, 
16 «' Home 



Totals, $ 



PAB 

VALUE. 



10,000.00 
5,000.00 
10,000.00 
25,000.00 
15,000.00 
10,000.00 
5,000.00 
20,000.00 
20,000.00 
25,000.00 
10,000.00 
10,000.00 



165,000.00 



17,200.00 
1,100.00 
1,600.00 



19,900.00 



BOOK 
VALUE. 



10,000.00 
5,000.00 
10,000.00 
25,000.00 
15,000.00 
10,000.00 
5,000.00 
20,000.00 
20,000.00 
25,000.00 
10,000.00 
10,000.00 



165,000.00 



17,200.00 
1.100.00 
1,600.00 



19,900.00 



MARKET 
VALUE. 



10,600.00 

6.600.00 
13,000.00 
80,000.00 
20,250.00 
18,300.00 

5,900.00 
23,600.00 
27,000.00 
80,625.00 
12,500.00 
12,000.00 



205,875.00 



20,640.00 
2,200.00 
1,920.00 



24,760.00 



Digitized by 



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BANK COMMISSIONERS' EEPOET 



108 



THE DIME SAVINGS BANK OP WALLINGPORD.— Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors haying less than 

$1,000.00, ... 

2 Number of depositors haying $1,000 and 

not over $2,000 

8 Number of depositors haying over $2,000 

and not oyer $10,000, .... 
4 Number of depositors haying oyer $10,000, 

5 
6 

7 



2,888; total amount, 

154; total amount, 

41 ; total amount, 
0; total amount, 



Total number of depositors, . . . 8,083; total deposits, 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 586; number 
closed, 447; increase, 189. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year, . 

10 Amount of increase 

11 Total of interest and profit and loss and rent 

accounts per last report, 

12 Amount of income received during the year, 
18 Total expenses including salaries during the year, 

14 State tax during the year, .... 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 ^Dividends, 2 per cent, paid Jan. 1, 1904; amount, 

2 per cent, paid July 1, 1904; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent 

accounts per this report, 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages ? 

24 Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation 

25 Largest amount of personal loan to any one individual, firm 

company, society, or corporation, 

86 Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Tuesday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, second Tuesday in July. 



$471,625.85 

202,459.87 

108,880.14 


$777,915.86 
5,717.88 



278,860.48 

222,411.86 

50,949.07 



$8,508.58 

88,988.98— 

8,968.25 

1,245.08 

650.28 

5,875.97 



18,808.44 

14,418.58 



7,521.01— 



47,497.56 



47,497.56 



10,800.00 

Yes 

82,500.00 

20,000.00 








Officbbs. — President, Leverett M. Hubbard; Treasurer, Leonard B. Bishop; 
Assistant Treasurer, Robert H. Cowles; Directors or Trustees, Leverett M. Hub- 
bard, Albert D. Judd, Charles N. Jones, George D. Munson, Marcus E. Cooke, 
George E. Dicker man, James Gaffney, Charles B. Yale, Charles D. Morris. 

• 8 per cent, on excer e of $2,000. 



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104 



BANK COMMISSIONERS' REPORT. 



DIME SAVINGS BANK OP WATERBURY. 

Otib S. Northrop, Treasurer. Incorporated, 1870. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $1,681,904.00 

Loans on collateral security, 498, 660 JO0 
Loans on personal security 

only, .... 854,181.96 
Town, city, and borough 

notes and orders, . 38,900.00 
School district notes and 

orders, .... 18,800.00 
Town, city, school district, 

and corporation bonds, . 294,500.00 

Railroad bonds, . 1,879,000.00 

Bank stocks in Connecticut, 41,800.00 

Real estate by foreclosure, 6,772.84 

Banking house, 84,000.00 

Premium account, . 7,000.00 

Cash in banks, . 71,060.51 

Cash in vault, . . 38,453.05 



Total Assets, 



^,454,482.36 



LIABILITIES. 



Whole amount of deposits, $4,289,358.15 

flimnltia nrw*.ni«n+ TK AAA AA 



Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid 

Profit and loss account, . 



75,000.00 



82,898.68 
7,725.58 



Total Liabilities, 



$4,454,482.36 



INVESTMENTS. 



DESCRIPTION. 



PAR 
VALUE. 



! 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS, j 



Town of Middlebury, Conn., 
Watertown, " 



$> 14,400.00 
19,500.00 



Totals $ 83,900.00 

I 

CHOOL DISTRICT NOTES AND ORDERS. 



Hopeville, . 
Oronoke, 
Park Road, . 
Saw Mill Plain, 
Waterville, . 
Watertown, . 



$ 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. 

Borough of Naugatuck, Conn., 4s, 1905, $: 



700.00 
350.00 
1,700.00 
2,500.00 
3,350.00 
4,700.00 



Totals $ 13,800.00 



5,000.00 



BOOK 
VALUE. 



14,400.00 
19,500.00 



33,900.00 



700.00 
350.00 
1,700.00 
2,500.00 
3,350.00 
4,700.00 



MARKET 
VALUE. 



13,300.00 



5,000.00 



14,400.00 
19,500.00 



33,900.00 



700.00 
850.00 
1,700.00 
2,500.00 
8,850.00 
4,700.00 



18,300.00 



5,000.00 



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BANK COMMISSIONERS* BEPOBT. 



105 



DIME SAVINGS BANK OP WATERBURY.— Continued. 
INVESTMENTS.— Continued. 



DFftCRIPTION. 



PAR 
VALUE. 



BOOK 
VALITK. 



MAliKET 
VALUE. 



TOWN, CITY, BCnOOL DISTRICT, AND CORPORA 
TION BONDS. — CONTINUED. 



Borough of Naugatuck, Conn., 
City of Water bury, 



Kansas City, Kan. 

it t< II 

Paterson, N. J., 



4s, 1906, | 
4£s, 1905, 
3*s, 1908, 
34s, 1909, 
3*8, 1913, 
3*8, 1914, 
8*8, 1915, 
8*8, 1916, 
3*8, 1917, 
3*8, 1926, 
3*8, 1927, 
8*6, 1928, 
6s, 1907, 
6s, 1908, 
4*s, 1907, 
4*8, 1933, 
3*8, 1953, 



New York, N. Y., 

(West Farms),7s, 1905, 
Omaha, Neb., 4s, 1933, 

Cleveland, Ohio, 4s, 1924, 

Columbus, 4< 4*8, 1921, 

Toledo, " 4s, 1925, 

3*8, 1930, 
Racine, Wis., 3*s, 1919, 



Totals, $ 

RAILROAD BONDS. 

Buff. , Roch. & P. (Clearfield & M.),5s, 1943, $ 

Chi.. B. & Q. (111. Div.), 3*8, 1949, 

Chicago. Milwaukee & St. Paul:— 

Chi. & Mo. R. Div., 5s, 1926, 

Chi. & L. S. " 5s, 1921, 

Chi. & P. W. " 5s, 1921, 

Central R. R. of N. J., 5s, 1987, 

Chicago & Alton. 8s, 1949, 

Chicago A Eastern Illinois, 5s, 1937, 

Chicago & Northwestern:— 

Madison Extension, 7s, 1911, 

Menominee " x 7s, 1911, 

Rivor, 7s, 1916, 

Mil., L. S. & W., 6s, 1924, 

No. Illinois,, 5s, 1911, 

Northwestern Union, 7s, 1917, 

Otturawa, C. P. & St. Paul, 5s, 1909, 

CM., R. I. & Pac, 4s, 1988, 

Cleveland & Mahoning, 5s, 1938, 

Bank— 8 



5,000.00 

5,000 00 

5,000.00 

5,000.00 

5,000.00 

15,000.00 

10,000.00 

10,000.00 

5,000.00 

5,000.00 

10,000.00 

10,000.00 

5,000.00 

5.000.00 

10,000.00 

10,000.00 

50,000.00 

500.00 

25,000 00 

25,000.00 

10,000.00 

20,000.00 

80,000.00 

9,000.00 



294,500.00 



46,000.00 
50,000.00 

30,000.00 
20,000.00 
50.000.00 
40,000.00 
100,000.00 
100,000.00 

30,000 00 
25.000 00 
4,000 00 
15,000.00 
20,000.00 
20,000.00 
20,000.00 
100,000.00 
25,000.00 



5,000.00 

5,000.00 

5,000.00 

5,000.00 

5,000.00 

15,000.00 

10,000.00 

10,000.00 

5,000.00 

5,000.00 

10,000.00 

10,000.00 

5,000.00 

5,000.00 

10,000.00 

10,000.00 

50,000.00 

500.00 

25,000.00 

25,000.00 

10,000.00 

20,000.00 

80,000.00 

9,000 00 



294,500.00 



46,000.00 
47,500.00 

30,000.00 
20,000.00 
50,000.00 
40,000.00 
85,000.00 
100,090.00 

80,000.00 
25,000 00 
4,000.00 
15,000.00 
20,000.0< 
20,000.001 
20,000 00; 
100,000.001 
25,000.00i 



5,000.00 

5,000.00 

5,000.00 

5.000.00 

5,000.00 

15,000.00 

10,000.00 

10,000.00 

5,000.00 

5,000.00 

10,000.00 

10,000.00 

5,150.00 

5,250.00 

10,100.00 

10,800.00 

50,000.00 

500.00 

25,750.00 

25,875.00 

10,300 00 

20,000.00 

80,000.00 

9,000.00 



297,725.00 



55,200.00 
47,500.00 

85,700 00 
23,200.00 
58,000.00 
52,800.00 
85.000.00 
120,000.00 

34,500.00 
28,750.00 
5,040.00 
19,500.00 
21,000.00 
25,600.00 
20.800.00 
105,000.00 
30,000.00 



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106 



BANK COMMISSIONERS BEPOET. 



DIME SAVINGS BANK OF WATERBURY.— Continued. 

INVESTMENTS.— Cohtinued. 



DESCRIPTION. 




PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS.— CONTINUED. 




Delaware & Hud. (Alb. & Susq.), 0s, 1906, $ 


10,000.00 


10,000.00 


10,200.00 


<< n •! <* 


7s, 1906, 


10,000.00 


10,000.00 


10,800.00 


Del.. Lack. & Western, 


7s, 1907, 


10,000.00 


10,000.00 


10,500.00 


(Syr.,Bing. &N.Y.), 
Det., Grand Rapids & Western, 
Erie:— 

Goshen & Deckertown, 


7s, 1906, 


30,000.00 


30,000.00 


30,900.00 


4s, 1946, 


12,000.00 


12,000.00 


12,000.00 


6s, 1928, 


25,000.00 


25,000.00 


82,500.00 


Sharon, 


4s, 1919, 


20,000.00 


20,000.00 


20,000.00 


Great Northern: — 










St. Paul, M. &M., 


6s, 1910, 


40,000.1)0 


40,000.00 


43,600.00 


«t t« 


4*8, 1983, 


50,000.00 


50,000.00 


55,000.00 


Montana Est., 


4s, 1937, 


25,000.00 


25,000.00 


25,750.00 


Central, 


5s, 1987, 


25,000.00 


25,000 00 


29,250.00 


a it 


6s, 1937, 


50,000.00 


50,000.00 


66,500.00 


Illinois Central: — 










Louisville Div., 


8*8, 1953, 


50,000.00 


50,000.00 


47,500.00 


Springfield " 


8*9, 1951, 


46,000.00 


46,000.00 


48,700.00 


Minn. & St. Louis, 


4s, 1949, 


10,000.00 


10,000.00 


9,500.00 


K ii 


5s, 1934, 


50,000.00 


50,000.00 


59,000.00 


N. Y. Central & Hudson River 


: — 








Beech Creek, 


4s, 1986, 


80,000.00 


30,000.00 


81,500.00 


Joliet&No. Ind., 


7s, 1907, 


25,000.00 


25,000.00 


26,250.00 


Mich. Central, 


5s, 1939, 


20,000.00 


20,000.00 


24,000.00 


McKeesport & Belle Vernon, 


6s, 1918, 


30,000.00 


30,000.00 


36,000.00 


Pitts., McK. & Y., 


6s, 1932, 


10,000.00 


10,000.00 


18,000.00 


Rome, W. & 0., 


6s, 1910, 


10,000.00 


10,000.00 


11,000.00 


N. Y., N. H. & Hartford, 


4s, 1914, 


50,000.00 


50,000.00 


50,500.00 


t« tt K 


3*8, 1954, 


30,000.00 


28,500.00 


28,500.00 


Terre Haute & Ind., 


5s, 1925, 


25,000.00 


25,000.00 


28,000.00 


Tuscarora Valley, 


5s, 1917, 
. . .$ 


10,000.00 


10,000.00 


11,000.00 


Totals 


1,398,000.00 


1,379,000.00 


1,583,540.00 


BANK BT0CK8. 










500 shares Waterbury Nat., 


Waterbury, $ 


25,000.00 


25,000.00 


87,500.00 


48 " Citizens 


it 


4,800.00 


4,800.00 


6,240.00 


60 " Manufacturers " 


t< 


6,000 00 


6,000.00 


7,200.00 


60 " Bristol 


Bristol, 


5,000.00 


5,000.00 


8,000.00 


10 " Birmingham *' 


Derby, 
. . . * 


1,000.00 


1,000.00 


1,600.00 


Totals, .... 


41,800.00 


41,800.00 


60,540.00 



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BANK COMMISSIONERS REPORT. 



107 



DIME SAVINGS BANK OP WATERBURY.— Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000 

2 Number of depositors having $1 ,000 and 

not over $2,000 

3 Number of depositors having over $2,000 

and not over $10,000, 

4 Number of depositors having over $10,000, 



9 

10 
11 

12 
13 
14 
15 
16 
17 
18 

19 



21 
22 
23 
24 

25 

26 

27 

28 
29 

30 



12,717; total amount, $2,042,689.70 
842; total amount, 1,110,418.04 



331 ; total amount, 
6; total amount, 



1,063,431.18 
72,819.28 



13,896; total deposits, 



$4,289,358.15 
14,684.73 



Total number of depositors, . 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 1,873; number 

closed, 1,453; increase, 420. 
Amount deposited, including interest credited, during the past 

year 1,234,772.80 

Amount withdrawn during the past year, 1,014,425.54 



$92,140.97 

198,170.25— 

8,666.71 

9,267.05 

640.66 

25,862.81- 

835.44 

76,066.54 

78,847.80 



90,124.21— 



Amount of increase, 

Total of interest and profit and loss and rent ac- 
counts per last report, 

Amount of income received during the year, 

Total expenses, including salaries, during the year, 

State tax during the year, 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, 

All other amounts charged off 

Dividends, 2 per cent, paid Oct. 1, 1908; amount, 
2 per cent, paid April 1, 1904; amount, 

Net amount carried to surplus, .... 

Total of interest and profit and loss and rent ac- 
counts per this report, 

Amount of past-due paper at this time is . 

Amount of assets yielding no income the past year, 

Loans on real estate— are they all first mortgages ? 

largest amount loaned on mortgage to any one individual, firm, 
company, society, or corporation, ..... 

Largest amount of personal loan to any one individual, firm 
company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 
year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, Second Wednesday in January. 

Date of annual meeting to elect President, Treasurer, and other 
officers, Second Wednesday in January. 



220,347.26 



290,311.22 



290,311.22 



5,750.00 

Yes 

200,000.00 

50,000.00 

75,000.00 






Offickks.— President, Henry H. Peck; Treasurer, Otis S. Northrop; Direct- 
ors or Trustees, Elisha Leavenworth, John W. Smith, Henry H. Peck, Buel 
Heminway, Edward T. Root, C. W. Gillette, Wm. E. Fulton, E. L. Frisbie, 8r., 
Oilman O. Hill, A. O. Shepardson, John P. Elton, M. L. Sperry, R. N. Blakeslee, 
O. 8. Northrop. 



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108 



BANX COMMISSIONERS* REPORT. 



ESSEX SAVINGS BANK. 

L. L. Wooster, Treasurer. Incorporated, 1851. 

STATEMENT, OCTOBER l f 1904. 



ASSETS. 

Loans on real estate, . $168,798.00 

Loans on collateral security, 7,660.00 
Loans on personal security 

only, .... 18,679.72 

State bonds, . . 2,264.21 
Town, city, school district, 

and corporation bonds, 118,000.00 

Railroad bonds, . 334.000.00 

Railroad stocks, . . 9,074.88 

Bank stocks in Connecticut, 76,522.16 

Bank stocks in other states, 29,008.37 

Real estate by foreclosure, 24,889.33 

Banking house, . 4,785.18 

Premium account, 6,294.44 

Cash in banks, . . 2,105.56 

Cash in vault, . . 1,071.26 



Total Assets, 



$808,142.56 



LIABILITIES. 



Whole amount of deposits, $771,207.08 
Surplus account, . . 25,000.00 
Interest account, less cur- 
rent expenses, and taxes 
paid, .... 6,935.53 



Total Liabilities, 



$803,142.56 



INVESTMENTS. 



DESCRIPTION. 
STATE BONDS. 

Washington State Warrants, 7£, 

RAILROAD STOCKS. 

89 scares Atchison, Topeka & Santa Fe, 
40 shares Delaware & Hudson Canal Co. , 
30 shares Pere Marquette R. R. Co. , 



$ 



Totals, i 

TOWN, CITY, SCHOOL DISTRICT, AND CORPORA 
TION BONDS. 



Atlantic City, N. J. f 

Bay City, Mich., 

Columbus, Ohio, 

New Haven, Conn., 

Omaha, Neb., 

South Omaha, Neb., 

Pueblo, Col., 
•< << 

Sioux City, Iowa, 



4s, 1930, $ 

4s, 1931, 

4s, 1983, 

3Js, 1989, 

4s, 1918, 

5s, 1924, 

5s, 1912, 

6s, 1906, 

4*s, 1916, 



PAR 
VALUE. 



2,264.21 



3,900.00 
4,000.00 
3,000.00 



10,900.00 



10,000.00 

10.000.00 

10,000.00 

1,000.00 

30,000.00 

5,000.00 

2,000 00 

5,000.00 

8,000.00 



BOOK 
VALUE. 



2,264.21 



MARKET 
VALUE. 



3,695.98 



8,500.00: 8,900.00 
4,704.88 6.840.00 
1,500.00 2,340.00 



9,074,88 13,080.00 



10,000 00 

10,000.00 

10,000.00 

1,000.00 

30,000.00 

5,000 00 

2,000.00 

5,000.00 

8,000.00 



11,000.00 

10.500 00 

10,500.00 

1,100.00 

80,100.00 

5,600 00 

2,185 00 

5.150.00 

8,320.00 



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BANK COMMISSIONERS REPORT. 



109 



ESSEX SAVINGS BANK.— Continued. 



INVESTMENTS.— Continued. 



description. 



PAR 
VALUE. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA , 
TION BONDS.— CONTINUED. ! 



Tacoraa, Wash., 
Toledo, Ohio, 
Wichita, Kan., 



Totals, 



5s, 1018. ft! 5,000.00 
8*8, 1930, I 25,000.00 
8s, 1921, 7,000.00 



BOOK ' MARKET 
VALUE. ! VALUE. 



5,000.00! 

25,000.00 
7,000.00 



5,300.00 

25,000.00 

7,700.00 



$ 118,000.00 118,000.00; 122,405.00 



RAILROAD BONDS. 

Atchison, Topeka & Santa Fe, 4s, 1995, 

Ashland Coai & Iron, 4s, 1925, 

Baltimore & Harrisburg, 5s, 1936, 

Buffalo & Susquehan na, 4s, 1951, 

Burlington & Miss. River, 6s, 1918, 

Chicago & Ind. Coal, 5s, 1936, 

Burlington & Cedar Rapids, 5s, 1984, 

Chicago & Eastern 111., 5s, 1937, 

Chicago, Mil. & St. Paul, M. Pts., 5s, 1910, 

14 8. W. D., 6s, 1909, 

' D., 6s, 1920, 

" Lacrosse, 5s, 1919, 

Chicago & Northwestern. 6s, 1829, 

Chicago, Rock Island & Pacific, 4s, 1988, 

Clearfield & Mahoning, 5s, 1943, 

Detroit. Grand Rapids & Western, 4s, 1946, 

Evansviile & Terre Haute, 6s, 1923, 

Goshen & Deckertown, 6s, 1928, 

Iowa Falls & Sioux City, 7s, 1917, 

Joliet and Northern Illinois, 7s, 1907, 

Minneapolis & St. Louis, 5s, 1934, 

4s, 1949, 

Milwaukee, Lake Shore & Western, 6s, 1924, 

Northern Illinois. 5s, 1910, 

Peoria & Pekin Union, -8s, 1921, 

Pitts'g, McKeesport & Yough., 6s, 1932, 

Sioux City & Pacific, 8*s, 1936, 

Bt. Paul, Minn. A Manitoba, 6s. 1910, 

4s, 1937, 

6s, 1933, 

Btaten Island, 4*s, 1943, 

Snnbury, Hazleton & Wilkesbarre. 5s, 1928, 

Tuscarora Valley, . 5s, 1917, 



Totals, 



BANK STOCKS. 

68 shares Say brook Bank, Essex, 
88 " City National, Danbury, 



7,000.00 

10,000.00 

15,000. 00 

5,000 00 

8,000.00 

10,000.00 

15,000.00 

28,000.00 

21,000.00 

14,000.00 

8,000.00 

5,000.00 

4,000.00 

15,000.00 

2,000.00 

8,500 00 

5,000 00 

7,500.00 

15,000.00 

10,000.00 

20,000.00 

15,000.00 

5,000.00' 

5,000.00 

5,000.001 

10,000.00' 

10,000.00, 

d.ooo.oo 
10,000.00; 

4,000.00 
10,000.00, 
11,000.00 
20,000 00. 



334,000.00 



8,150.00 
3,800.00 



7,000.00 

10,000.00 

15,000.00 

5,000.00 

8,000.00 

10,000.00 

15,000.00 

28,000.00 

21,000.00] 

14,000.00 

8,000.00i 

5,000.001 

4,000.00; 

15,000.00; 

2,000.00 

3,500.00! 

5,000.00 

7,500.001 

15,000.00! 

10,000.00, 

20,000.00' 

15,000.001 

5,000 001 

5,000.00! 

5.000.001 

10.000.00j 

10 000.00; 

6,000.001 

10,000 00 

4,000.00. 

10,000.00 

11,000.00' 

20,000.00, 



7,157.00 

10,100.00 

17,137.00 

4.950.00 

9,080.00 

11,675.00 

17,887.00 

27,657.00 

22,417.00 

15,540.90 

10.200.00 

5,704.00 

4,480.00 

15,712.00 

2,375.00 

3,412.00 

6,050.00 

9,862 00 

18,937.00 

10,900.00 

23,050.00 

14,550.00 

6,575.00 

5,312.00 

6.175.00 

18,250.00 

9,637.00 

6,660 00 

10,825.00 

5,360.00 

9,563.00 

11,407.00 

21,450.00 



334,000.00 374,546.00 

I 

1.889.50 8,150.00 
3,800.00; 3,800.00 



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110 



BANK COMMISSIONERS EEPORT. 



ESSEX SAVINGS BANK.— Continued. 



INVESTMENTS.— Contis ued. 







FAR 


BOOK 


MARKET 




DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 




BANK STOCKS. — CONTINUED. 








37 shares First National, Norwich, $ 


3,700.00 


8,280.00 


2,775.00 


7 ' 


4 Merchants, " 


700.00 


700.00 


735.00 


10 4 


' Uncas, «• 


1,000.00 


1,000.00 


1,000.00 


20 4 


c Meriden, Meriden, 


2,000.00 


2,000.00 


2,000.00 


7 4 


' Home, •' 


700.00 


700 00 


735.00 


30 ' 


' First, 


3,000.00 


8,000.00 


5,550.00 


2 * 


Portland, 


200.00 


200.00 


200.00 


36 • 


4 ** Stonington, 
4 Mystic River, M. R., 


3,600 00 


3,600.00 


4,140.00 


40 • 


2,000.00 


2,000.00 


2,400.00 


31 « 


• Deep River, D. R., 


8,100.00 


3,100.00 


3 410.00 


40 ' 


1 Central, Middletown, 


3,000.00 


8,000.00 


8,200.00 


38 ' 


• First, 


3,800.00 


8,800.00 


3,800.00 


20 « 


1 Middlesex Co., Middletown, 


2,000.00 


2,000 00 


1,800.00 


47 • 


* Middletown, . •' 


3,525.00 


3,525.00 


4,935.00 


25 ' 


* National Bank of Norwalk, 


2,500.00 


2,500.00 


2,750.00 


20 « 


4 Fairfield Co., <c 


2,000.00 


2,000.00 


1,800.00 


10 ' 


1 Second, New Haven, 


1,000.00 


1,000 00 


1,850.00 


15 ' 


4 Yale, 


1,500.00 


1,500.00 


1,875.Q0 


14 ' 


4 Merchants, 44 


700 00 


640.00 


805.00 


7 ' 


4 Conn. T. & S. D. Co., Hartford, 


700.00 


700.00 


1,430.00 


12 ' 


4 City, 


1,200.00 


1,200.00 


960.00 


20 < 


' Hartford Trust Co., 


2,000.00 


2.000.00 


3,200.00 


19 4 


4 Charter Oak, 


1,900.00 


1,900 00 


1,900.00 


20 « 


4 Hartford, 


2.000.00 


2,000.00 


2,600.00 


27 • 


4 Phoenix, 


2,700.00 


2,700.00 


3,185 00 


50 • 


' Nat. Exchange, " 


2,500.00 


2,500.00 


8,000 00 


16 ' 


4 Rockville, Rockville, 


1,600.00 


1,600.00 


1,680.00 


5 4 


4 Clinton, Clinton, 


500.00 


500 00 


600.00 


25 * 


4 Dan bury, Dan bury, 


2,500.00 


2,534.00 


2,500.00 


30 « 


4 American Exchange, N. Y., 


3,000.00 


5,500.00 


7,200 00 


5 • 


4 Bank of America, " 


500.00 


1,992.50 


2,650.00 


10 4 


4 Bank of New York, " 


1,000.00 


2,500.00 


8,000.00 


85 « 


Nat. Bank of Commerce, 44 


3 500.00 


7,200.00 


8,050 00 


80 ' 


4 Chatham; 4< 


750 00 


1,475.00 


2,475.00 


80 « 


4 Park, 


3,000.00 


7,000.00 


15,000.00 


25 • 


4 Fourth, 


2,500.00 


4,886.78 


5,750.00 


50 ' 


4 Shoe and Leather, 


5,000.00 


6,900.00 


7,000.00 


80 • 


4 Oriental, 


2,000.00 


4,040.00 


4,600 00 


6 « 


* North America, •' 
Continental, Liquidation, 

otals, $ 


600.00 


1,891.00 
276.75 


1.200.00 








T 


86,425.00 


105,580.53 


130,690.00 



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BANK COMMISSIONERS REPORT. 



Ill 



ESSEX SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 1,832; total amount, 

2 Number of depositors having $1,000 and 

not over $2,000, 186; total amount, 

3 Number of depositors having over $2,000 

vri and not over $10,000 79; total amount, 

4 Number of depositors having over $10, 000, 1 ; total am ount, 

5 Total number of depositors, . 2,048; total deposits, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 188; number 

closed, 212; decrease, 24. 
8] Amount deposited, including interest credited, during the past 

year 

Amount withdrawn during the past year, 

Amount of decrease, 

Total of interest and profit and loss and rent 

accounts per last report, .... 
Amount of income received during the year, 
Total expenses including salaries during the year, 

State tax during the year 

Town and city taxes and assessments paid, 

Net amount of premiums charged off. 

All other amounts charged off, loans, $950.26; 

sundries, $480.20 

Dividends, 2 per cent, paid Jan., 1904; amount, 

2 per cent, paid July, 1904; amount, 

Net amount carried to surplus, .... 

Total of interest and profit and loss and rent 

accounts per this report, .... 
Amount of past-due paper at this time is . 
Amount of assets yielding no income the past year, 
Loans on real estate — are they all first mortgages ? 
Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, 
Largest amount of personal loan to any one individual, firm 

company, society, or corporation, 
Largest amount of collateral loan to any one individual, firm 

company, society, or corporation, 
Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, fourth Monday in .July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, fourth Monday in July. 



9 
10 
11 

12 
13 
14 
15 
16 
17 

18 

19 
20 

21 
22 
23 
24 

25 

26 

27 



30 



$804,128.12 

184,805.58 

271,699.54 
10,578.79 

$771,207.08 
10,573.79 



126,840.08 

134,683.81 

8,293.28 



$5,761.16 

41,498.15— 

2,868.56 

1,322.45 

258.75 

4,000.00 

1,889.54 

15,170.58 

15,318.90 



6,985.53— 



47,259.81 



47,259.81 





Yes 

10,000.00 

8,000.00 

2,000.00 






Officers. — President, N. II. Williams; Treasurer, L. L. Wooster; Directors 
or Trustees, N. H. Williams, H. E. Anderson, W. H. Parmelee, H. B. Sisson, 
J. M. Hayden, O. I. Stevens, Charles H. Rose, James H. Lord, E. E. Dickinson, 
G. L. Burrows, D. W. Pratt, G. W. Denison, C. E. Chapman, E. O. Reynolds, 
C. H. Mather, L. L. Wooster. 



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112 



BANK COMMISSIONERS EEPOKT. 



THE FAIRFIELD COUNTY SAVINGS BANK, NORWALK. 

Seymour Curtis, Treasurer. Incorporated, 1874. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 


Loans on real estate, . 


$865,855.85 


Whole amounts of deposits, $1,084,986.11 


Loans on collateral security, 


82,402.51 


Surplus account, . 35,000.00 


Loans on personal security 




Profit and loss account, . 29,699.85 


only, . 


20,900.00 


Box account, ... 54.00 


Town, city, and borough 






notes and orders, . 


25,000.00 




School district' notes and 






orders 


14,400.00 




Town, city, school district 






and corporation bonds, . 


98,339 00 




Railroad bonds, 


383,790.75 




Bank stocks in Connecticut, 


47,534.00 ; 


Bank stocks in other states, 


59,812.00 


Real estate by foreclosure, 


16,000.00 




Furniture and fixtures, 


1,200 00 




Suspense account, 


274.17 




Cash in banks, . 


27.809.62 




Cash in vault, . 


6,422.06 




Total Assets, . . $1,099,739.06 


Total Liabilities, . . $1,099,739.96 



INVESTMENTS. 



DESCRIPTION. 



Town of Norwalk notes, 

SCHOOL DISTRICT NOTES AND ORDERS. 

Center School District, Norwalk, . 
Oyer River School District, 



Totals, 



Bethel. Conn., 
Denver, Col., 
Los Angeles, Cal., 

Norwalk, Conn., 
New Albany, Ind., 
Omaha, Neb., 
Toledo, Ohio, 



4s, 
4s, 
4s, 
4s, 
5s, 
4s, 
4s, 



1908, 
1907, 
1908, 
1912, 
1907, 
1915, 
1918, 
1942, 



PAR 
VALUE 



BOOK 

VALUE. 



MARKET 
VALUE. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. ; 



$" 25,000.0<'j 25,000.00 25,000.00 



$ 2,400.0 



I 



12,000.00 



14,400.00 



TOWN, CITT, SCHOOL DISTRICT, AND CORP. BONDS. | 



9,000.00 
4,000.00 
1,000.00 
2,000.00 

10.000.00 
5.000.00 

15,000.00 
500.00 



2,400.00 2,400.00 
12,000.00 12,000.00 



14,400.00 14,400.00 



9,000.00, 
4,000.00. 
1,000.00| 
2,000.00 

10,000.00; 
5.000.00' 

15,560.00 
500.00; 



9,900.00 
4,000.00 
1,010.00 
2,030 00 

10,125.00 
5,550.00 

15,600.00 
550.00 



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BANK COMMISSIONERS' BEPOBT. 



118 



THE FAIRFIELD COUNTY SAVINGS BANK, NORWALK.— 

Continued. 

INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 
— CONTINUED. 

Toledo, Ohio, 4s, 1917, $ 

Omaha, Neb., 4*8, 1934, 

Portland, Ore., 5s, 1928, 

(Albina), 6s, 1910, 

Pueblo, Col., 6s, 1906, 

South Omaha, Neb., 5s, 1924, 



Totals, $ 

RAILROAD BONDS. 

Chicago & Eastern Illinois, 5s, 1987, $ 
Chicago, Milwaukee & St. Paul:— 

Chic. & Missouri River, 5s, 1926, 

Chic. & Pacific Western, 5s, 1921, 

Dubuque Division, 6s, 1920, 

La Crosse & Davenport, 5s, 1919. 

Chic, Rock Island & Pacific, 6s, 1917, 

4s, 1988, 

Chic, St. Paul, Minn. & Omaha, 6s, 1930, 

St. Paul & Sioux City, 6s, 1919, 

Eastern Ry. of Minn., No. Div., 4s, 1948, 

Louisville & Nashville, unified, 4s, 1944, 

Minneapolis & St. Louis, 5s, 1934, 
8t. Paul, Minn. & Manitoba:— 

Consolidated mortgage, 6s, 1933, 

Dakota Extension, 6s, 1910, 



Totals, I 

BANK 8TOCR8. 

29 shares Central National, Nor walk, Conn., $ 
100 ~ " " 

141 

85 

10 

7 
6 

15 

50 

21 
150 

50 

80 
100 



Fairfield Co. Nat'l 
National Bank of Norwalk, 
City National, South lt 
Conn. Nat., Bridgeport, 
First Nat., Westport, 
Norwich, 
" New Canaan, 
Thames National, Norwich, 
Stamford " Stamford 
American Exchange, New York, 
Citizens' Central, " 

Mercantile, " 

Merchants, " 



PAR > BOOR 
VALUE. I VALUE. 



4,500.00 

10.000.00 

15.000.00 

5.000.00 

2.000 00 

10,000.00! 



4,500.00 

10,839.00 

18,180.00 

5,420.00 

2,000.00 

10,340.00 



MARKET 

VALUE. 



4,725.00 

10.900.00 

17,775.00 

5,400.00 

2,070 00 

10,475.00 



98,000.00 98,339.00' 100,110.00 



19,000.00 

25,000.00 
85,000.00 

5.000.00 
25,000.00 
10,000.00 
25,000.00, 
20,000.00| 
15,000.00 
20,000.00 
10,000.00 

5,000.00 

50,000.00 



22,817.50 

29,005.00 
89.700.00 

6,285.00 
28,140.00 
11,380.00 
26,615.00 
26,241.25 
18,225.0d 
20,950.00 
10,000.00 

5,749.50 

67,142.50 



20,000.00 21,590.00 



284,000.00 333,790.75 



2,900,00 

10,000.00 

14,100 00 

8,500.001 

1,000.001 

700.00] 

600.00 

1,500.00, 

5,000.00 

630.00 

15,000.00 

5,000.00 

8,000.00 

5,000.00i 



2.928 00 
9,900.00 

14,181.00 
8,500.00 
1,400.00 
700.00 
600.00 
1,275.00 
7,000.00 
1,050.00 

25,500.00| 
7,500.00 
3,000.00 
8,250.00 



22,800.00 

29.750.00 
40,600.00 

6,275.00 
28,625.00 
12,800.00 
26,187.50 
26,900.00 
18,600.00 
20,800.00 
10.075.00 

5,800.00 

67,250.00 
22,400.00 



378,362.50 



3,045. 

9,000. 
15,792. 
17,000. 

1,570, 
700. 
600. 

1,200. 

8,250. 

1,050. 
35,250. 

7,500. 

7,850 

8,750. 



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



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114 



BANK COMMISSIONERS* HEPOBT. 



THE FAIRFIELD COUNTY SAVINGS BANK, NORWALK.— 

Continued. 

INVESTMENTS.— Continued. 



DESCRIPTION. 


$ 
$ 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


BANK STOCKS. — CONTINUED. 

25 shares First National, New York, 

50 " Fourth National, 
100 " Merchants' Exchange, " 
187 " Tradesman's (in liquidation), N. Y. 

25 " Southern 


2,500.00 
5,000.00 
5.000.00 
5,884 00 



5,000.00 

5,000.00 

5,250.00 

187.00 

125.00 


15,000.00 

11,250.00 

8,000.00 

187.00 

125.00 


Totals, 


91,814.00 


107,346.00 


151,619.00 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 



9 

10 
11 

12 
18 
14 
15 
16 
17 
18 

19 
20 

21 
82 
28 

84 



$1,000, 



2 Number of depositors having $1,000 and 

not over $2,000, 

3 Number of depositors having over $2,000 

and not over $10,000, .... 

4 Number of depositors having over $10,000, 



1,708; total amount, 

276; total amount, 

95; total amount, 
0; total amount, 



$408,418.40 
824,416.72 



307,150.99 




Total number of depositors, . 2,079; total deposits, $1 

Largest amount due a single depositor 

Number of accounts opened during the past year, 365; number 

closed, 212; increase, 153. 
Amount deposited, including interest credited, during the past 

year ,. . . 

Amount withdrawn during the past year, 

Amount of increase, 

Total of interest and profit and loss and rent ac- 
counts per last report $26,855.48 

Amount of income received during the year, . 48,540.61— 

Total expenses including salaries during the year, 4,169.53 

State tax during the year, 1,754.28 

Town and city taxes and assessments paid, . 248.00 
Net amount of premiums charged off, . 2,439.00 
All other amounts charged off, .... 781.62 
Dividends: 2 per ct. paid Oct. 10, 1908; amount, 18,005.07 
2 per ct. paid Apr. 10, 1904; amount, 18,298.74 
Net amount carried to surplus, .... 
Total of interest and profit and loss and rent ac- 
counts per this report 29,699.85— 

Amount of past-due paper at this time is 

Amount of assets yielding no income the past year, . 
Loans on real estate — are they all first mortgages ? . 
Largest amount loaned on mortgage to any one individual, 
firm, company, society, or corporation, .... 



034,986.11 
8,755.50 



312,054.19 

225,376.92 

86,677.27 



75,396.09 



75,896.09 



812.00 

Yea. 

18,000.00 



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BANK COMMISSIONERS REPORT. 



115 



THE FAIRFIELD COUNTY SAVINGS BANK, NORWALK.— 

Continued. 

MISCELLANEOUS ITEMS.— Continued, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, $9,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 20,000.00 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 

little over 4* 

28 Net income from foreclosed real estate during the past year, . 951.52 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, fourth Wednesday in January. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, fourth Wednesday in January. 

Officbrs.— President, Asa B. Woodward; Treasurer, Seymour Curtis; Di- 
rectors or Trustees, Asa B. Woodward, J. Thornton frowitt, Joseph C. Randle, 
Arthur C. Wheeler, James G. Gregory, Josiah Kellogg, Eugene L. Boyer, Henry 
W. Gregory, John P. Treadwell. 



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116 



BAWK COMMISSIONERS' REPORT 



PALLS VILLAGE SAVINGS BANK. 

Henry 0. Gatlord, Treasurer. Incorporated, 1854. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $128,755.55 

Loans on collateral security, 64,644.50 
Loans on personal security 

only, .... 13,010.00 
Town, city, and borough 

notes and orders, . 6,000.00 
Town, city, school district, 

and corporation bonds, . 119,000 00 

Railroad bonds, . 219,500.00 

Bank stocks in Connecticut, 32,850.00 

Real estate by foreclosure, . 22,410 29 

Banking house, . 14,445 18 
Insurance and taxes advanced 

on real estate mortgaged, 15.25 

Premium account, . . 40,707.22 

Cash in banks, . 10.088.94 

Cash in vault, . 5,581.76 



Total Assets, 



$677,008.69 



LIABILITIES. 



Whole amount of deposits, $638,068.84 
Surplus account, . . 80,000.00 
Interest account, less cur- 
rent expenses, and taxes 
paid, .... 8,945.85 



Total Liabilities, 



$677,008.69 



INVESTMENTS. 



DESCRIPTION. 



FAR 

VALUE. 



BOOK I MARKET 
VALUE. | VALUE. 



TOWN, CITY, AMD BOROUGH NOTES AND ORDERS*. 








Town of Cornwall, Conn., 




. .$ 


6,000.00 


6,000,00 


6,000.00 


TOWN, CITY, SCHOOL DISTRICT, AND 


CORF 


. BONDS. 








Town of Canaan, Conn., 


4s, 


1916, $ 


16,000.00 


16,000.00 


16,800.00 


Bristol, 


4s, 


1927, 


10,000.00 


10,000.00 


11,000.00 


Plainfield, " 


4b, 


1921, 


4,000.00 


4,000.00 


4,800 00 


11 Brooklyn, " 


4s, 


1923, 


2,000.00 


2,000.00 


2,200 00 


Bethel, 


4s, 


1919, 


4,000.00 


4,000.00 


4,800.00 


School District, Center, Waterbury, 


4s, 


1928, 


10,000.00 


10,000.00 


10,800.00 


Arsenal, Hartford, 


48, 


1917, 


6,000.00 


6,000.00 


6,240.00 


City, Cincinnati, Ohio, 


68, 


1909, 


10,000.00 


10.000.00 


11,000.00 


Columbus, " 


58, 


1913, 


10,000.00 


10,000.00 


11,000.00 


Omaha, Neb., 


68, 


1912, 


5,000.00 


5,000.00 


5,300.00 


St. Paul, Minn., 


4s, 


1919, 


7,000.00 


7,000.00 


7,500.00 


Duluth, 


48, 


1920, 


5,000.00 


5,000.00 


5,400.00 


Kansas City, Kan., 


6s, 


1908, 


5,000.00 


5,000.00 


5,850.00 


it << << 


6s, 


1909, 


5,000.00 


5,000.00 


5,400.00 


<• «< ■« 


6s, 


1910, 


5,000.00 

Di 


5,000.00 

3itized by V^jC 


5,450.00 
)OQk 



BANK COMMISSIONERS* EEPOBT. 



117 



PALLS VILLAGE SAVINGS BANK.— Continued. 



INVESTMENTS. — Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 
BONDS. — CONTINUED. 

48, 1930, $ 

5s, 1913, 
4s, 1942, 



City, Atlantic City, N. J., 
Muskegon, Mich., 
Toledo, Ohio, 



Totals S 

RAILROAD BONDS. 

Joliet & Northern Indiana, 7s, 1907, $ 

Chicago, Milwaukee & St. Paul:— 

Southwestern Division, 6s, 1909, 

Mineral Point " 5s, 1910, 

C. & Pac. Western " 5s, 1921, 

Chicago & Northwestern : — 

Madison Extension, 7s, 1911, 

Chicago & Tomah, 6s, 1905, 

Northwestern Union, 7s, 1917, 

Milwaukee & Madison, 6s, 1905, 

Menominee Extension, 7s, 1911, 

Ottumwa, Cedar Falls & St. Paul, 5s, 1909, 

Delaware & Bound Brook, 7s, 1905, 

Morris & Essex, reg., 7s, 1914, 

Mississippi River Bridge, 6s, 1912, 

Kalamazoo & White Pigeon, 5s, 1940, 

Chicago, St. Louis & New Orleans, 6s, 1907, 

Cleveland & Mahoning Valley, 5s, 1988, 

Mahoning Coal Co. , 5s, 1 934, 

Clearfield & Mahoning, 5s, 1943, 

Chicago, Hock Island & Pacific, 4s, 1988, 

Connecticut & Passu mpsic Rivers, 4s, 1943, 

Burlington, Cedar Rapids & Northern, 5s, 1934, 

Potomac Valley. 5s, 1941, 

Minneapolis & St. Louis, 4s, 1949, 

Eastern Railway of Minnesota, 4s, 1948, 

St. Paul, Minneapolis & Manitoba, 6s, 1933, 

Chicago & Eastern Illinois, 6s, 1907, 

New York, New Haven & Hartford, 4s, 1914, 

New London Northern, 4s, 1910, 



Totals, 



BANK STOCKS. 



128 shares National Iron, Falls Village, . 
20 " Conn. Tr. & Safe Deposit, Hartford, 
10 " Hartford Trust Company, 

8 " Hartford National Bank, 

9 " Farmers & Mechanics, " 
22 " National Exchange, 



PAR 
VALUE. 



5,000.00 
5,000.00 
5,000.00 



119,000.00 



5,000.00 

5,000.00 
5,000.00 
5,000.00 

10,000.00 

10,000.00 

10,500 00 

10,000.00 

5,000.00 

5,000.00 

5,000.00 

10,000.00 

3,000.00 

4,000 00 

5,000.00 

20,000.00 

20,000.00 

15,000.00 

10,000.00 

5,000.00 

5,000.00 

5,000.00 

5.000.00 1 

5,000. 00J 

10.000.00 

10,000.00 

10,000.00 

2,000.00' 



BOOK 
VALUE. 



5,000.00 
5,000.00 
5,000.00 



MARKET 
VALUE. 



5,500.00 

5,500.00 
5,200.00 



119,000.001 128,240.00 



219,500.00 



12,800.00 

2,000.00 

1,000.00 

800.00 

900.00 

1,100.00 



5,000.00 

5,000.00 
5,000.00 
5,000.00 

10,000.00 

10,000.00 

10,500.00 

10,000.00 

5,000.00 

5,000.00 

5,000.00 

10,000.00 

3,000.00 

4,000.00 

5,000.00 

20,000.00 

20,000.00 

15,000.00 

10,000.00 

5,000.00 

6,000.00 

5,000.00 

5,000.00 

5,000.00 

10,000.00 

10,000.00 

10,000.00 

2,000.00 



219,500.00 



12,800.00 

2,000.00 

1,000.00 

800.00 

900.00 

1,100.00 



5,250.00 

5,500.00 
5,800.00 
5,800.00 

12,000.00 

10,200.00 

14,000.00 

10,400.00 

6,000.00 

5,200.00 

5,160.00 

12,800.00 

8,150.00 

5,000.00 

5,800.00 

26,000.00 

25,000.00 

19,500.00 

10,500.00 

5,600.00 

6,100.00 

6,000.00 

5,000.00 

5,400.00 

13,500.00 

10,750.00 

10,800.00 

2,040.00 



255,740.00 



12,800.00 
4,800.00 
1,900.00 
1,120.00 
1,080.00 
1,375.00 



118 



BANK COMMISSIONED BEPOBT. 



FALLS VILLAGE SAVINGS BANK. —Continued. 
INVESTMENTS. — Cohtihued. 



DESCRIPTION. 




PAH 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 


BANK STOCKS. — CONTINUED. 








31 shares American National, 


Hartford, $ 


1,560.00 


1,550.00 


2.250.00 


11 " Phoenix 


•• 


1,100.00 


1,100.00 


1,375.00 


11 " iEtna 


" 


1,100.00 


1,100.00 


2,200.00 


5 " First 


" 


500.00 


500.00 


625.00 


4 " City, 


41 


400.00 


400.00 


400.00 


26 " Deep River Nat., 


Deep River, 


2,600.00 


2,600.00 


8,000.00 


50 " Thames •' 


Norwich, 


5,000.00 


5,000.00 


8,000.00 


40 " Water bury " 


Waterbury, 
. . . . $ 


2,000.00 


2,000.00 


8,500.00 


Totals, 


32,850.00 


82,850.00 


44,425.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 1,222; total amount, 

2 Number of depositors, having $1,000 and 

not over $2,000 123; total amount, 

8 Number of depositors having over $2,000 

and not over $10,000, .... 59; total amount, 

4 Number of depositors having over $10,000, 2; total amount, 

5 Total number of depositors, . . 1,406; total deposits, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 120; number 

closed, 117; increase, 3. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year, . 

10 Amount of increase, 

11 Total of interest and profit and loss and rent 

accounts per last report, 

12 Amount of income received during the year, 

13 Total expenses including salaries during the year, 

14 State tax during the year, . . . 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 Dividends, If per cent, paid Jan., 1904; amount, 

If per cent, paid July, 1904; amount, 

19 Net amount carried to surplus, . 

20 Total of interest and profit and loss and rent 

accounts per this report, 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 

23 Loans on real estate — are they all first mortgages ? 

24 Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, .... 



$259,881.23 

159,884.16 

189,889.59 
29,008.86 

$638,063.84 
18,181.02 



$7,539.62 

81,061.08— 

8,564.26 

1,152.60 

286.55 

2,827.50 

169.53 

10,825.76 

10,829.15 



8,945.35— 



83,190.00 

75,618.87 

7,571.63 



38,600.70 



38,600.70 



12,292.00 

Yes 

5,000.00 



Digitized by 



Google 



BEPORT. 119 



FALLS VILLAGE SAVINGS BANK. — Continued. 

MISCELLANEOUS ITEMS.— Continued. 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or coporation $7,500.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 15,000.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . . 

28 Net income from foreclosed real eBtate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, September. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, September. 

Officers. — President, Edwin W. Spurr ; Treasurer, Henry C. Gay lord; 
Directors or Trustees, Edwin W. Spurr, Henry C. Gaylord, Elson J. Hornbeck, 
J. Lee Ensign, Frank M. Olin, Edward Ward, J. Sedgwick Tracy, H. Goodwin. 



Digitized by LjOOQIC 



120 



BANE COMMISSIONERS' REPORT. 



FARMERS & MECHANICS SAVINGS BANK, MIDDLETOWN 

Fred B. Chaffee, Treasurer. Incorporated, 1858. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 



Loans on real estate, . 
Loans on collateral sec'y, 
Loans on personal security 

only, . 
Town, city, school district, 

and corporation bonds, . 
Railroad bonds, . 
Railroad stocks, . 
Bank stocks in Connecticut, 
Real estate by foreclosure, . 
Bank block, 
Premium account, 
Sundry accounts, 
Cash in banks, . 
Cash in vault, 



$1, 



1, 



366,094.00 
54,218.00 

10'200.00 

538,500.00 

124,600.00 

4,000.00 

187,400.00 

97,874.13 

51,221.67 

68,926.55 

717.21 

41.062.48 

8,661.99 



Total Assets, 



$3,544,376.03 



LIABILITIES. 

Whole amount of deposits, $3,343,980.52 

Surplus account, . . 150,000.00 
Interest account, less cur- 
rent expenses, and taxes 

paid 28,055 64 

Profit and loss account, . 22,991 99 

Sundry accounts, . . 4,347.88 



Total Liabilities, 



$8,544,37603 



INVESTMENTS. 





DESCRIPTION. 




PAR 


BOOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 




RAILROAD STOCKS. 










91 shares Pere Marquette, pref . , 


$ 


9,100.00 


4,000.00 


6,870.00 


TOWN, 


CITY, SCHOOL DISTRICT, AND CORPORA- 










TION BOND8. 










Town of Middletown, Conn., 4s, 


1905-08, $ 


32,000.00 


82,000.00 


32,080.00 


«< 


" 4s, 


1910, 


12,000 00 


12,000.00 


12.240.00 


n 


Portland, " 3^8, 


1909, 


11,000.00 


11,000.00 


11,000.00 


«i 


" 4s, 


1905, 


30,000.00 


30,000.00 


80.000.00 


«( 


Middlefleld, " 4s. 


1905-06, 


2,000.00 


2,000.00 


2,000.00 


a 


Chatham, " Stffcs, 


1910, 


85,000.00 


85,000.00 


35,000.00 


City of 


Middletown, " 8 T y,jt, 


1915, 


8,000.00 


3,000.00 


3.000.00 


* (< 


Pueblo, Colo., 6s, 


1906, 


10.000.00 


10,000.00 


10,100.00 


(< 


Colo. Springs, " 4s, 


1909-14, 


10,000.00 


10,000.00 


10.100.00 


n 


" 4s, 


1914-29, 


10,000.00 


10,000.00 


10,150.00 


n 


" 4*8, 


1907-12, 


9,000 00 


9.0O0.00 


9,090 00 


<« 


Chicago, 111., 4a, 


1914, 


25.000.00 


25.000.00 


25,500.00 


it 


Sioux City, Iowa, 4£s, 


1918, 


10.000.00 


10,000.00 


10.300.00 


n 


" 4is, 


1920, 


15,000 00 


15.000 00 


15,450.00 


It 


Clinton, " 5s, 


1907-17, 


10,000.00 


10.0O0.00 


10,200.00 


ft 


" 5s, 


1911-16, 


. 10,000.00 


10,000.00 


10.400 00 


<( 


South Bend, Ind. t 5s, 


1914, 


8,000 00 


8 000.00 


8,800 00 


it 


Newport, Ky., 5s, 


1911-15, 


7,000.00 


7,000.00 


7,420 00 


tt 


Springfield, Mo., 4*8, 


1905, 


25,000.00 


25,000.00 


25,000.00 



Digitized by 



Google 



BAOTK OOMMISSIOOTERS 7 EEPOBT. 



121 



FARMERS & MECHANICS SAVINGS BANK,' MIDDLETOWN. 

— Continued. 

INVESTMENTS.— Continued. 



DESCRIPTION. 




PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 


TOWH, CITY, SCHOOL DIBTRTCT, AND CORPORA- 








TION BONDS. — CONTINUED. 






. 


City of Kansas City, Mo., 4*9, 


1915, $ 


15,000.00 


15,000.00 


16,200.00 


" Duluth, Minn., 4s, 


1020, 


17,000.00 


17,000.00 


17.000.00 


" 6s, 


1911, 


13,000.00 


13.000.00 


14,480.00 


fi St. Paul, " 5s, 


1909, 


10,000.00 


10,000.00 


10.560.00 


" 6s, 


1915, 


5.000.00 


5.000.00 


5,550.00 


" Muskegon, Mich., 5s, 


1905-18, 


10,000.00 


10,00000 


10,800.00 


" 68, 


1919-23, 


10,000.00 


10,000.00 


11,200.00 


" Omaha. Neb., 5s, 


1912, 


25,000.00 


25,000.00 


26,687.50 


•• " '• 4-i-ft 


1905-07, 


7,500.00 


7,500.00 


7,500.00 


" " " 4a 


1918. 


5,000.00 


5,000.00 


5,050.00 


11 Dayton, Ohio, 4s, 


1905, 


7,000.00 


7,000.00 


7,000.00 


" „ , " , " 5a ' 


1907, 


10,000.00 


10,000.00 


10,250.00 


" Columbrfs, " 6s, 


1907, 


10,000.00 


10,000.00 


10,250.00 


«« 5s, 


1910, 


15,000.00 


15,000.00 


15,900.00 


« - Toledo, " 4*s, 


1912, 


5,000.00 


5,000.00 


5.250.00 


;; •• •■ **•, 


1914, 


10,000.00 


10,000 00 


10.500 00 


.. ^ 


1942, 


5,000.00 


5,000.00 


5,250.00 


" Findlay, " 6s, 


1907, 


5.000.00 


5.000.00 


5.225.00 


" 5s, 


1908, 


5,000.00 


5,000.00 


5,150.00 


" Portland, " 5s, 


1920, 


20,000.00 


20,000.00 


23,000.00 


" 5s, 


1928, 


10.000.00 


10,000.00 


11.600 00 


" McKeesport, Pa., 4*8, 


1910-20, 


5,000.00 


5,000.00 


5, 150. 00 


" Sheboygan, Wis., 4*8, 


1911, 


15,000.00 


15,000.00 


15,450 00 


41 LaCrosse, " 5s, 


1905-15, 


20,000.00 


20,000.00 


20,200.00 


Totals 


533,500.00 


533,500.00 


552,472.50 


RAILROAD BONDS. 










Baltimore & Cumberland Val., 6s, 


1931, $ 


10,000.00 


10,000.00 


12,600.00 


Baltimore & Harrisburg, 5s, 


1936, 


30.000 00 


30.000.00 


34.500.00 


Buffalo & Susquehanna, 4s, 
Burl'gton, C. Rapids & North, ,5s, 


1951, 


65,000 00 


65,000.00 


64.850.00 


1934, 


10,000.00 


10,000.00 


12,000.00 


Chicago, Burlington & Quincy : — 










Bur. & Mo. Riv. Div. (ex.), 6s, 


1918, 


10,200.00 


10,200.00 


11,526.00 


Iowa Division, 4s, 


1919, 


7,000.00 


7,000.00 


7,070 00 


5s, 


1919, 


27,000.00 


27,000.00 


29,430.00 


Chicago, Milwaukee & St. Paul :— 










Chicago & Lake Sup. Div., 5s, 


1921, 


10,000.00 


10,000 00 


11,550 00 


Chicago & Pac. Western, 6s, 


1921, 


10,000.00 


10,000.00 


11,600.00 


Dubuque Division, 6s, 


1920, 


15.000.00 


15.000 00 


18,750.00 


Dakota & Gt. South'n Div., 5s, 


1916, 


10,000.00 


10,000.00 


11,100.00 


General Mortgage, 4s, 


1989, 


30,000.00 


80,000.00 


33,700 00 


8*8 


, 1989, 


25,000.00 


25,000.00 


24,500 00 


Hastings & Dakota Div. , 5s, 


1910, 


16,000.00 


16,000.00 


16,800.00 


LaCrosse & Davenport Div. , 5s, 


1919, 


25,000.00 


25,000.00 


28,500.00 



Bank— 9 



Digitized by 



Google 



122 



BANK COMMISSIONERS* BEPOBT. 



FARMERS & MECHANICS SAVINGS BANK, MIDDLETOWN. 

— Continued. 

INVESTMENTS.— Continued. 



DESCRIPTION. 


PAR 


BOOK 


MARKET 




VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. — CONTINUED. 








Chicago, Milwaukee* St. Paul :— 








Mineral P<. hit Div., 5s, 1910, $ 


80,000.00 


30,000.00 


31.800.00 


Southwestern " 6s, 1909, 


15,000.00 


15,000.00 


16,500.00 


Terminal, 5s, 1914, 


10,000.00 


10,000.00 


11.000.00 


Wisconsin & Minnesota Div., 5s, 1921, 


25.li00.00 


25,000.00 


28,750 00 


Chicago & Alton, ds, 1949, 


15,000.00 


12,400.00 


12,450.00 


Chicago & Northwestern : — 








C. Rapids & Mo. Riv. Div., 7s, 1916, 


10,000.00 


10,000.00 


13,000.00 


Des MoineB& Minneap. Div.,7s f 1907, 


10,000.00 


10,000.00 


10,650.00 


Chicago, R. IMantI & Pacific, 4s, 1988, 


25,000.00 


25,000.00 


26,250.00 


Chicago & Eastern Illinois, 5s, 1937, 


50,000 00 


50,000.00 


59.000.00 


Chicago & Indiana Coal, 5s, 1936, 


25,000.00 


25,000 0« 


29,260.00 


Detroit, G. Rapids & Western, 4s, 1946, 


11,000 00 


11,000.00 


10,670.00 


Elgin. Joliet <fc Eastern, 5s, 1941, 


40,000.00 


40,000.00 


46,400.00 


Eastern of Miunesota : — * 








First Division. 5s, 1918, 


40,000.00 


40,000.00 


40,800.00 


Northern Division, 4s, 1948, 


60,000.00 


60,000.00 


60,600.00 


Genesee & Wyoming, 5s, 1929, 
Louisville & Nashville, unified,4s, 1940, 


40,000.00 


40,000.00 


45.200.00 


25,000.00 


24,900.00 


25,000.00 


Montana Central, 5s, 1937, 


10,000.00 


10,000.00 


11,700.00 


6s, 1937, 


80 000.00 


30,000.00 


89,750.00 


Minneapolis & St. Louis, 4s, 1949, 


50,000.00 


50,000.00 


48,000.00 


44 Pac. Ex.,6s, 1921, 


5,000.00 


5.000.00 


5 850.00 


" IowaEx.,7s, 1909, 


21,000 00 


21,000.00 


23.810.00 


Potomac Valley, 5s, 1941, 


20,000.00 


20,000.00 


23,000.00 


Piedmont & Cumberl'd Valley, 5s, 1911, 


25,000.00 


25.000.00 


26,250.00 


Peoria & Pekin Union, 6s, 1921, 


15,000.00 


15,000.00 


18.800.00 


St. L..L Mt.&So.,R.&G. Div.,4s, 1933, 


25,000.00 


22.600 00 


23 750.00 


Sunbury,Hazelton & W.-Barre,5s, 1928, 


28,500.00 


28,500.00 


30,210.00 


Skaneateles, 5s, 1914-23, 


15,000.00 


25.000.00 


16,050.00 


St. Paul, Minn. & Manitoba, 4£s, 1933, 


30,000.00 


80,000 00 


33,000.00 


"Da. Bx.,6s, 1910, 


39,000.00 


39,000.00 


48,290.00 


" Mon. " 4s, 1937, 


10,000.00 


10,000.00 


10,200.00 


Terre Haute & Indianapolis, 5s, 1925, 


25,000 00 


25,000.00 


26.750.00 


Tusoarora Valley, 5s, 1917, 


20,000.00 


20,000.00 


21,600.00 


WUlmar<& Sioux Falls, 5s, 1938, 


80,000.00 


80,000.00 


35,250.00 


Totals, $ 


1,129,700.00 


1,124,600 00 


1,280,556.00 


BANK STOCKS. 








154 shares Middlesex Co. Nat., Middletown, $ 


15,400.00 


15.400.00 


• 14,680.00 


872 " Central 


27,900.00 


27,900.00 


88,480.00 


532 " Middletown 


39,900.00 


89,900.00 


57,456 00 


303 " First 


30,300.00 


30,300.00 


80,300.00 


20 «■ " " Wallingford, 


2,000.00 


2,000.00 


2,400 00 


86 " " " Portland, 


8,600.00 


8,600.00 


9,460.00 



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BANK COMMISSIONEES 7 BEPOET. 



128 



FARMERS & MECHANICS SAVINGS BANK, MIDDLETOWN. 

— Continued. 



INVESTMENTS.— Continued. 







PAR 


BOOK 


MARKET 


DESCRIPTION 




VALUE. 


VALUE. 


VALUE. 


BANK 8TOCES. — CONTINUED. 








100 shares First Nat., 


Meriden, $ 


10,000.00 


10,000.00 


20,000.00 


57 •« Meriden 


" 


5,700.00 


5700.00 


6,270 00 


120 ,f Home 


<« 


12,000 00 


12,000.00 


15,600.00 


100 " New Britain " 


New Britain, 


10,000.00 


10,000.00 


16,500.00 


90 " First " 


Norwich, 


9,000.00 


9,000.00 


7,200.00 


111 " Thames 


<< 


11,100.00 


11,100.00 


18,315.00 


5 " Deep River " 


Deep River, 


500.00 


500 00 


560.00 


30 " Danbury 


Dan bury, 


2,000.00 


2,000.00 


2,000.00 


80 f ' Nat. Bk. Commerc 


e, New London, 
. . . $ 


3,000.00 


3,000.00 


4,650.00 


Totals, .... 


187,400.00 


187,400.00 


238,821.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 4,525; total amount, $1,061,980.12 

2 Number of depositors having $1,000 and 

not over $2,000, 523; total amount, 717,019.02 

3 Number of depositors having over $2,000 

and not over $10,000 372; total amount, 1,449,949.60 

4 Number of depositors having over $10,000, 10; total amount, 115,031.78 

5 Total number of depositors, . . . 5,430; total deposits, $3,343,960.52 

6 Largest amount due a single depositor, . . . . . 16,693.84 
7 



Total number of depositors, . . 5,430; total deposits, 

Largest amount due a single depositor, 

Number of accounts opened the past year, 603; number closed, 
582; increase, 21. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year, 

10 Amount of increase, 

11 Total of interest and profit and loss, and rent 

accounts per last report, .... $35,867.31 

12 Amount of income received during the year, ^160.490.36— 

13 Total expenses including salaries during the year, * 8,823.95 

14 State tax during the year, 4.697.25 

15 Town and city taxes and assessments paid, 2,566.88 

16 Net amount of premiums charged off, . . 

17 All other amounts charged off 7,342.99 

18 Dividends: 2 per cent, paid Feb. 1, 1904; amount, 62,417.83 

2 percent, paid Aug. 1, 1904; amount, 64,456.14 

W Net amount carried to surplus 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 46,047.63— 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 



614,218.56 
447,572.25 
166,641.31 



196,857.67 



196,357.67 



19,184.26 



Digitized by 



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124 



BANK COMMISSIONED' EEPOET. 



FARMERS & MECHANICS SAVINGS BANK, MIDDLETOWN. 

— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

23 Loans on real estate — are they all first mortgages ? . 

24 Largest amount loaned on mortgage to any one Individual, firm 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, ..... 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, .... 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Wednesday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, second Wednesday in July. 



Yes 

$24,000.00 

9,000.00 

14,498.00 



1,221 



IM 



Officers,— President, James K. Guy ; Vice-President Lyman D. Mills ; 
Treasurer, Fred B. Chaffee ; Directors or Trustees, Leonard Bailey, O. Vincent 
Coffin, Augustus H. Conklin, Daniel H. Chase, Samuel Stearns, Henry G. Newton, 
Geo. T. Meech, James K. Guy, Flavius J. Chaffee, Edward S. Coe, Lyman D. 
Mills, Ernest G. Cone, Clarence E. Bacon, William W. Wilcox, Henry C. Ward, 
Oliver S. Watrous, Joseph Merriam, Chas. Brainard, Thos. W. McDowell. 



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BANK COMMISSIONERS REPORT. 



125 



FARMINGTON SAVINGS BANK. 

Julius Gat, Treasurer. Incorporated 1851. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . (2,801,507.00 

Loans on collateral sec'y, . 2,000.00 
Town, city, and borough 

notes and orders, . 92,000.00 
School district notes and 

orders 66.00 

Town, city, school district, 

and corporation bonds, . 540,000.00 

Railroad bonds, 990,000.00 

Bank stocks in Connecticut, 148,800.00 

Bank stocks in other states, 86,200.00 

Real estate by foreclosure, 161,875.00 

Banking house, . 12,000.00 

Cash in banks, . 78,571.82 

Cash in vault, . 12,048.06 



Total Assets, 



$4,874,562.88 



LIABILITIES. 



Whole amount of deposits, $4,592,858.62 
Surplus account, 150,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 182,204.26 



Total Liabilities, 



$4,874,562.88 



INVESTMENTS. 









PAR 


BOOK 


MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 








Town of Fannington, 




. . .$ 


92,000.00 


92,000.00 


92,000.00 


SCHOOL DISTRICT NOTE. 








Avon School District No. 6, 


. . . $ 


66.00 


66.00 


66.00 


TOWN, CTTT, SCHOOL DISTRICT, 


AND CORPORA- 








TION 1 


BONDS. 










South Norwalk, Conn 


. City. 


6s, 1905, $ 


10,000.00 


10,000.00 


10,400.00 


Norwalk, 


41 


4s, 1935, 


20,000.00 


20,000.00 


21,400.00 


Bristol, 


Borough, 4s, 1910, 


10,000.00 


10,000.00 


10,200.00 


«« i< 


t* 


4s, 1915, 


10,000.00 


10,000.00 


10,400.00 


Stamford, 


Town, 


4s, 1927, 


40,000.00 


40,000.00 


42,400.00 


Chicago, 111., 


City, 


4s, 1921, 


20,000.00 


20,000 00 


20,800.00 


New Albany, Ind., 


<* 


5s, 1915, 


10,000 00 


10,000.00 


11,200.00 


Port Wayne, ,4 
Boston, Mass., 


<< 


4*3, 1913, 


10,000.00 


10,000.00 


10,600.00 


" 


4s, 1919, 


30.000.00 


80,000.00 


82,100.00 


*$ (i 


n 


5s, 1906, 


20,000.00 


20,000.00 


20,600.00 


*i a 


<f 


Sis, 1922, 


20,000.00 


20,000.00 


20,300.00 


Omaha. Neb., 


a 


4*s, 1934, 


60,000.00 


60,000 00 


65,000.00 


Newark, N. J., 


<f 


6s, 1909, 


20,000.00 


20,000.00 


22,000.00 


Paterson, " 


ti 


5s, 1905, 


10,000.00 


10,000.00 


10,070.00 



Digitized by 



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126 



BANK COMMISSIONED* REPORT. 



FARMINGTON SAVINGS BANK.— Continued. 
IN VESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, OITT, SCHOOL DISTRICT, AND CORPORA 
HON BONDS. — CONTINUED. 

5s, 1906, $ 

4*8, I9ia, 

5s, 1913, 



Paterson, N. J., 
Toledo, Ohio, 



City, 



Cleveland, " 



Scran ton, Pa., 
Pittsburg, " 
Providence, R. L, 
Milwaukee, Wis., 



4s, 1915, 

4s, 1916, 

4s, 1918, 

4s, 1919, 

4*8, 1909, 

4s, 1907, 

5s, 1906, 

5s, 1905, 



Totals, $ 540,000.00 



RAILROAD BONDS. 



Chicago, Rock Island & Pacific, 6s, 



4s, 

7s, 
7s, 
7s, 
5s, 

7s, 



Morris & Essex, 
Buffalo, New York & Erie, 
Pittsburg, Ft. Wayne & Chicago, 
Terre Haute & Indianapolis, 
Northwestern Union, 
Chic, Mil. & St. Paul(S. W. Div.), 6s, 
Chicago & Tomah, 6s L 

Illinois Central (Springfield Div.), 3}s, 
Milwaukee & Madison, 
Bait. & Cumberland Valley Ext., 
McKeesport & Belle Vernon, os 

Delaware & Bound Brook, 7s, 

New York, Lackawanna & West'n, 6s, 
Delaware & Hudson Canal Co., 7s, 
Cleveland & Mahoning Valley, 
Rome, Watertown & Ogdensburg, 
Chic, Burl. & Quincv (Neb. Ext.), 4s 
Eastern Railroad of Minnesota, 5s 

Chicago & Northwestern, 7s, 

Clearfield & Mahoning, 5s, 

Baltimore & Harrisburg, 5s, 

Chic, Mil. & St P. (C. & P. Div.) 
Ottumwa. Cedar Falls & 8t. Paul, 5s, 
Chic, Mil. & St. P. (C. & P. West.),5s, 
St. Paul, Minn. & Man. (Mont.Ex.), 4s, 
Minneapolis & St. Louis, 4s, 

Chic & Eastern Illinois, gen. cons., 5s, 



Totals, 



1917, 
1988, 
1914, 
1916. 
1912, 
1925, 
1917, 
fl»09, 
1905, 
1951, 
1905, 
1931, 
1918, 
1905, 
1921, 
1917, 
1938, 
1910, 
1927, 
1908, 
1948. 
1915, 
1943, 
1936, 
1910, 
1909, 
1921, 
1937, 
1949, 
1937, 



PAR 
VALUE. 



10.000.00 

10,000.00 
10,000 (X 
40,000.00 
20.000.00 
20,000.00 
70,000.00 
20,000 00 
10,000.00 
30,000 0< 
10,000 00 



40.000.00 
120,000.00 
10,000 00 
80,000.00 
10.000.00 
40.000.00 
70,000.00 
30,000.00 
40.000.00 
40.000.00 
10,000. 00 
10,000.00 
10,000.00 
20,000.00 
10.000 00 
10,000 00 
20,000 00 
10.000 00 
30.000.00 
100,000 00 
20.000 O0 
20.0o0.00 
10.000.00 
60,000.00 
20,000.00 
10,000.00 
30.000.00 
100,000 00 
20,000.00 
40,000 00 



BOOK 
VALUB. 



10,000.00 
10,000.00 
10,000.00 
40,000.00 
20,000.00 
20,000.00 
70,000.00 
20.000.00 
10.000.00 
30,000.00 
10,000.00 



540,000.00 



40,000.00 
120,000.00 
10,000.00 
30,000.00 
10,000 00 
40,000 00 
70.000.00 
30.000.00 
40.000 00 
40,000.00 
10.000.00 
10,000 (Ml 
10,000.00 
20,000 00 
10,000.00 
10,000.00 
20,000.00 
10.000.00 
30.000.00 
100.000 0o 
20.000.00 
20,000 00 
10.000.00 
60,000 00 
20,000.00 
lo.000.00 
30,000.00 
100.000.00 
20,000.00 
40,000.00 



MARKET 
VALUB. 



10,200.00 

10,550.00 
10,980 00 
41,800.00 
20.660.00 
20,740.00 
72,100 00 
20,700.00 
10,150.00 
31,000.00 
10,100.00 



566,450.00 



48,750.00 
124.000.00 
12.962.00 
38,100.00 
12.300.00 
42.OOO00 
91,000.00 
33.037.00 
40.776 00 
38,300 00 
10.190.00 
11,000.00 
12,220.00 
20,500 00 
12.737:00 
13,300 00 
23,000.00 
11,000.00 
31,425.00 
102.000.oO 
20.000.00 
26.000.00 
12,000 00 
68 400.00 
22,000.00 
10.500.00 
34.900.00 
100,000.00 
19.300.00 
47,700.00 



. $| 990,000.00| 990,000.00 1,069,897.00 

Digitized by LjOOQIC 



BANK COMMISSIONERS EEPOET. 



127 



FARMINGTON SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 







PAK 


BOOK 


MARKKT 




DESCRIPTION. 


VALU«. 


VALUE. 


VALUE 




BANK STOCKS. 








100 shares Charter Oak Nat., Hartford, $ 


10,000.(10 


10,000.00 


12.000.00 


100 4 


' Farmers & Mechanics, " 


10,000 00 


10,000 00 


11,700.00 


150 • 


' National Exchange, " 


7,500.00 


7,500.00 


9,300.00 


25 ' 


• Hartford National, 


2,500.00 


2,500.00 


8.400 00 


100 c 


' State, 


10.000.00 


10,000.00 


13,800 00 


50 « 


' JStna National, •• 


5,000.00 


5.000.00 


9.500 00 


200 ' 


1 First 


20.000 00 


20.000.00 


28.0(H) 00 


70 ' 


• American " " 


3,500.00 


3,500 Ott 


4,90o 00 


34 * 


• Phoenix 


3.400.00 


3.400.00 


3 940.00 


50 ' 


' Hartford Trust Co., 


5,000 00 


5.000.00 


9.0' 00 


120 ' 


• National, New Haven, 


12,000.00 


12,000.00 


28.520 00 


42 • 


' Merchants National, New Haven, 


2.100.00 


2,100.00 


2,730.00 


38 • 


1 Meriden " Meriden, 


3,3UO.0O 


8,800.00 


3,680.00 


160 ' 


• Home 


16.000.00 


16.000.00 


20,800.00 


80 • 


1 First 


8.000.00 


8,000.00 


14.000.00 


50 ' 


4 New Britain " New Britain, 


5,000.00 


5,000.00 


K,000.00 


100 « 


1 Mechanics " '• 


10,000.00 


10,000.00 


20.< 00.00 


100 • 


1 Nat. Bank of Norwalk, Norwalk, 


10.000.00 


10,000.00 


11 200.00 


50 ' 


* First National, Litchfield, 


5,000 00 


5,000 00 


5.000.00 


200 ' 


Merchants Nat'l, New York, 


10 000.00 


10 000.00 


17,500 00 


62 ' 


• Nat. Bk. of Commerce, " 


6.2O0.00 


6,200.00 


13 380 00 


200 ' 


American Exch. Nat'l, " 
tals, $ 


20,000.00 


20,000.00 


46,000 00 


To 


184,500 00 


184,500.00 


291,250.00 



MISCELLANEOUS ITEMS. 



4,026 ; total amount, $1,240,096.47 

890 ; total amount, 1,208,735.16 

572 ; total amount, 2,143,526.99 
; total amount, 



1 Number of depositors having less than 

$1,000 

2 Number of depositors having $1,000 and 

not over $2.000 

8 Number of depositors having over $2,000 
and not over $10,000, .... 

4 Number of depositors having over $10,000, 

5 Total number of depositors, . 5,488; total deposits, $4,592 35S 62 

6 Largest amount due a single depositor 9,000.00 

7 Number of accounts opened during the past year, 439 ; number 

closed, 884 ; increase, 55. 

8 Amount deposited, including interest credited, during the past 

year, . 580 611.78 

9 Amount withdrawn during the past year 441,480.48 

10 Amount of increase 139,181.25 

11 Total of interest and profit and loss, and rent ac- 

counts per last report, $122,794.07 



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128 



BANK COMMISSIONERS' REPORT. 



FARMINGTON SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

12 Amount of income received during the year, . . |280,791.78— 858,585.85 

18 Total expenses; including salaries, during the year, 10,545 00 

14 State tax during the year, 6,688.54 

15 Town and city taxes and assessments paid, . . 4,264.69 

16 Net amount of premiums charged off, . . . 8,746.50 

17 All other amouuts charged off 4,076.50 

18 Dividends: 2 percent., paid Jan., 1904; amount, 88,067.29 

2 per cent., paid July, 1904 ; amount, 89,043.07 

19 Net amount carried to surplus, .... 10,000.00 

20 Total of interest and profit and loss, and rent ac- 

counts per this report, 132,204.26— 858,585.85 

21 Amount of past due paper at this time is None 

22 Amount of assets yielding no income the past year, . None 
28 Loans on real estate — are they all first mortgages ? Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 40,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 2,000.00 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, &rVife£ 

28 Net income from foreclosed real estate during the past year, . 5,945.01 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Monday in January. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, third Monday in January. 



Officers.— President, Franklin Wheeler ; Treasurer, Julius Gay ; Directors 
or Trustees, Franklin Wheeler, Henry W. Barbour, Erastus Oay, Julius Gay, 
Edward H. Deming, D. N. Barney, Timothy H. Root, Alfred A. Pope, Herbert 
Knox Smith. 



Digitized by 



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BANK COMMISSIONED EEPOET. 



129 



FREESTONE SAVINGS BANK, PORTLAND. 

F. Geldersleeye, Treasurer. Incorporated, 1865. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, $102,802 88 

Loans on collateral sec'y, . 88,755.65 

Loans on personal-sec' y only, 18,640. 00 
Town, city, and borough 

notes and orders, . . 8,500.00 
Town, city, school district, 

and corporation bonds, . 147.560.00 

Railroad bonds, 182,805.00 

Bank stocks in Connecticut, 64,450.00 

Bank stocks in other states, 2,800.00 

Real estate by foreclosure, * 8,400.00 

Premium account, . 81,000 00 

Cash in banks, . . 6.229.91 



Total Assets, 



$590,942.94 



LIABILITIES. 

Whole amount of deposits. 

Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 

Profit and loss account, . 



Total Liabilities, 



$558,576.70 
25,000.00 



1,821.60 
6,044.64 



$590,942.94 



INVESTMENTS. 









PAR 


BOOK ' MARKET 


DESCRIPTION. 






VALUE. 


VALUE. ' VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 






Town of Portland, . 




. .$ 


8,500.00 


3,500.00 3,500.00 


TOWN, CITY, SCHOOL DISTRICT, AND CORF 


. BONDS. 






City of Oakland, Cal., 


5s, 


1907, $ 


1,250.00 


1.250.00 1,260.00 


" Colorado Springs, Col., 


4s, 


1918, 


8.000.00 


2,992.00) 8.000.00 
4,000.00! 4,080.00 


" Middletown, Conn., 


**■. 


1915, 


4,000.00 


Town of Portland, " 


4s, 


1905, 


10,000 00 


10,000 00! 10,100.00 


it «« a 


3*8, 


1919, 


24,000.00 


24.000.001 24,480.00 


Borough of Wallingford, Conn., 


8*8, 


19o7, 


2,000.00 


1,968.00 1,975.00 


City of 8ioux City, Iowa, 


4*8, 


1920, 


10,000.00 


10,000.00 10,600.00 


" Kansas City, Kan., 


6s, 1907-1910, 


11,000.00 


11,000.00 12,100.00 
1.00000 1,075.00 


ii «. «r «t 


5s, 


1913, 


1,000.00 


«. 41 it «f 


5s. 


1928, 


5,000.00 


5,000.00! 5,750.00 


" Louisville, Kv., 
41 Muskegon, Mich., 


4s, 


1923. 


4,000.00 


4.000.00 


4,200.00 


4s, 


1984, 


5,000.00 


5,000.00 


5.200.00 


" Duluth. Minn., 


5s, 


19*28, 


10,000.00 


10,000 00 


11,800.00 


" St. Paul, " 


44s, 


1918, 


1,000.00 


1,000.00 


1,100.00 


" Omaha, Neb., 


6a, 


1W12, 


1,000.00 


1,000 00 


1,060.00 


t< *i *» 


4s, 


1933, 


10,000.00 


10,000.00 


10,100 00 


" Camden, N. J., 


4*s, 


1922, 


5,000 00 


5,000 00 


5,550.00 


" Paterson, •* 


4s, 


1939, 


5,000.00 


5,000.00 


5,050.00 


" Canton, Ohio, 


4*8, 


1914. 


10,000.00 


10,000.00 


10,400 00 


" Colu mbus, " 


4s, 


1910, 


5.000.00 


5.000.00 


5,050.00 


'• Toledo, 


OS,- 


1911, 


850.00 


850.00 


855.00 


«< << (< 


8*8, 


1920, 


5,000.00 


5.000 00 


4.800.00 


«« t< u 


3*s, 


1930, 


5,000.00 


5,000.00 


5,000.00 



Digitized by 



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180 



BANK COMMISSIONERS' KEPOET. 



FREESTONE SAVINGS BANK, PORTLAND.— Continued. 

INVESTMENTS.— Cohtinced. 







PAR 


BOOK 


MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


TOWN, CITT, SCHOOL DI8TRICT, AND CORPORATION 








BONDS.— CONTINUED. 










City of Portland, Oregon, 5s, * 1928, $ 


7,000.00 


7,000.00 


8,190 00 


" Superior, Wis., 5s, 1908. 


1,500 00 


1.500.00 


1.300.00 


6 


s, 1910, 
. . . $ 


1,000.00 


1,000.00 


800.00 


Totals, .... 


147,600.00 


147,560.00 


154,375.00 


RAILROAD BONDS. 










Ashland Coal & Iron, 


4s, 1925, f 


5,000 00 


5,000.00 


5,100.00 


Bal t i more & Ohio : — 










Pittsburg June. & Middle Div., 
Buffalo & Susquehanna, 


*4s, 1925. 


6.000 00 


5,000.00 


5,520.00 


4s, 1951. 


5,00o.0o 


4,945.00 


4,950 00 


Burlington, Cedar Rap. & Northern, 5s, 1906, 


1,<»00 00 


1,000.00 


l,08o.OO 


Iowa, Minn. & Dakota Div., 


5s, 1984, 


7,000 00 


7,000.00 


8.540 00 


Chicago & Alton. 


3s, 1949. 


5,000 00 


4,000.00 


4,250.00 


Chicago, Burlington & Quincy, Ex. 


, 4.m, 1905. 


5 000 00 


5,000 00 


5,000 00 


Illinois Division, 


8*s, 1949, 


5.000.00 


5,000.00 


4,700.00 


Chicago & East. 111., Gen. Consol., 


5h, 1987, 


10,000.00 


10,000.00 


12.000.00 


Chicago, Milwaukee & St. Paul:— 










Mineral Point Division, 


5s, 1910, 


5.000.00 


5.000 00 


5.300.00 


La Crosse & Davenport " 


5s, 1919, 


5,000.00 


5,000.00 


5,700.00 


Chic & Lake Superior " 


5s, 19*21. 


4.000 00 


4.000.00 


4 640.00 


Chic, Pa & Western '* 


5s, 1921, 


5.000.00 


5,000.00 


5,800.00 


Chicago & Northwestern: — 










Mil.,L. Shore* W., Ashland Div. 


6s, 1925. 


5,000 00 


5,000.00 


6,500.00 


Chicago, Rock Island & Pacific, 


4s, 1988. 


5,000 0o 


5,000.00 


5,250.00 


Dela., Lackawanna & Western: — 










New York, Lacka & Western, 


6s, 1921, 


10,000.00 


10,000.00 


12.900.00 


Genesee & Wyoming, 


5s, 1929, 


5,000.00 


5,000.00 


5.500.00 


Great Northern:— 










Eastern of Minn., No. Div., 


4s, 1948. 


5,000.00 


5.000.00 


5.000 00 


St. Paul, M. & Manitoba, 1st, 


6s. 1909. 


5.O00.00 


5,000.00 


5 6<<0.00 


11 " " Consol. 


4*s, 1983, 


5,000 00 


5,000.00 


5.600.00 


11 H it •< 


6s, 1988. 


15,0 »0. 00 


15,000.00 


20.100.<K) 


** Mont. Ex. 


, 4s, 1987, 


5,000.00 


5,000.00 


5.150.00 


" Cent. 


,5s, 1987, 


5,000 00 


5.000 00 


5.800.00 


Willmar & Sioux Palls, 


5s, 1988, 


5,000 00 


5,000.00 


5,850.00 


Illinois Central:— 










Middle Division, 


5s. 1921. 


5,000 00 


5,000 00 


5,400.00 


Springfield " 


8*8, 1951, 


12,000.00 


12,000.00 


11,400.00 


Western " 


4s, 1951, 


5,000.00 


5,000.00 


5.200.00 


Louisville & Nashville, 


4s, 1940, 


5,000.00 


4,950.00 


5,050.00 


Minn. & St. Louis. Ref., 


4s, 1949, 


4,000.00 


3,910.00 


3.800 00 


New York Cent & Hudson River :- 










Joliet & No. Indiana, 


7s, 1907, 


6.000.00 


6,000.00 


6,480 00 


Oswego & Rome, 


7«, 1915, 


1,000.00 


1,000.00 


1,100.00 


Peoria & Pekin Union, 


6s, 1921, 


7.000.<K> 


7,000 00 


8,260.00 


Union Pacific, 


4s, 19*7, 
. . .$ 


2.000.00 


2,000.00 


2,100.00 


Totals 


185.000.00 


182,805.00 


204,570.00 



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BANE COMMISSIONERS KEPOET. 



131 



FREESTONE SAVINGS BANK, PORTLAND.— Continued. 

INVESTMENTS. -t- Cohtihded. 









PAR 


BOOK 


MARKET 




DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 




BAKK STOCKS. 










5 shares Conn. National, 


Bridgeport, $ 


500.00 


500.00 


800.00 


2 ' 


* Dan bury " 


Danbury, 


200 00 


200.00 


200 00 


10 ' 


4 City 


" 


1,000.00 


1,000.00 


1,050 00 


13 ' 


4 Deep River " 


Deep River, 


1,300.00 


1,300.00 


1,430.00 


24 4 


4 ^Etna 


Hartford, 


2,400 00 


2,400.00 


4,800.00 


10 4 


* American M 


<< 


500.00 


500.00 


700.00 


20 ' 


• Charter Oak •• 


i * 


2,000.00 


2,000.00 


2,400.00 


81 ' 


' City, 


a 


3,100.00 


3,100.00 


2,635.00 


10 • 


4 Conn. Trust Co., 


tt 


1,000 00 


1,000 00 


2,300.00 


5 • 


4 Farmers & Mech. Nat. 


tt 

t 


500.00 


500.00 


600.00 


15 ' 


4 Hartford 


44 


1,500 00 


1,500.00 


2,010.00 


88 4 


4 Hartford Trust Co., 


tt 


3,800.00 


8,800.00 


6,840.00 


10 « 


4 Nat. Exchange, 


tt 


500 00 


500.00 


700.00 


4 • 


* Phoenix National, 


it 


400.00 


400.00 


480.00 


5 * 


' United States, 


t* 


600 00 


500.00 


2,125 00 


8 4 


• Meriden National, 


Meriden, 


800.00 


800.00 


880.00 


40 4 


• Central 


Middletown, 


3,000.00 


3,000.00 


3,400.00 


40 • 


* First 


<< 


4,000 00 


4,000.00 


4,000.00 


80 ' 


4 . Middlesex Co. " 


it 


3,000.00 


3,000 00 


2,700.00 


88 4 


• Middletown 44 


i« 


6,600.00 


6,600.00 


9,504 00 


5 4 


4 Mystic River 44 


Mystic, 


250 00 


250.00 


276.00 


2 * 


4 Nat. Tradesmen's, 


New Haven, 


200.00 


200.00 


360.00 


20 • 


4 New Haven Co. Nat., 


<< 


200.00 


200.00 


300.00 


9 ' 


• Merchants ,4 


<< 


450.00 


450.00 


576.00 


11 4 


4 Second 44 


i< 


1,100.00 


1,100.00 


2,145.00 


9 4 


4 Yale 


«« 


900.00 


900.00 


1,1*8.00 


10 4 


4 Nat. Bank of Commerce, New London, 


1,000 00 


1,000.00 


1.400.00 


20 ' 


4 National Whaling, 


a 


500 00 


500.00 


1,000.00 


8 4 


4 Union, 


«< 


800.00 


800.00 


880.00 


5 ' 


4 Fairfield Co. National, 


Norwalk, 


500.00 


500 00 


550.00 


5 ' 


4 National, 


<• 


500.00 


500.00 


540.00 


3 * 


4 First * 4 


Norwich, 


300.00 


300.00 


215.00 


23 ' 


4 Thames 


• * 


2.300.00 


2,300.00 


3,910.00 


139 ' 


4 First 


Portland, 


13.900 00 


13,900.00 


14,595.00 


15 ' 


4 Southington " 


Southington, 


1,500 00 


1,500.00 


1,620.00 


15 ' 


4 First 


Stonington, 


1,500.00 


1,500 00 


1,620.00 


10 ' 


4 Brooks 44 


Torrington, 


1,000.00 


1,000.00 


1,560.00 


19 ' 


• Waterbury 44 ' 


Waterbury, 


950.00 


950.00 


1,620.00 


5 ' 


4 Citizens Central 44 


New York, 


500.00 


500.00 


800.00 


12 • 


4 Fourth 


tt 


1,200.00 


1,200.00 


2,760 00 


20 ' 


4 Phenix 44 


tt 


400 00 


400.00 


520.00 


1 4 


4 Nat. Bank of Commerce, 


100 00 


100.00 


218.00 


1 « 


No. America, f4 
tals $ 


100 00 


100.00 


200.00 


To 


66,750.00 


66,750.00 


88,407.00 



Digitized by 



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132 



BANK COMMISSIONERS' BHPOBT. 



FREESTONE SAVINGS BANK, PORTLAND— Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000 

2 Number of depositors having $1,000 and 

not over $2,000, .... 

3 Number of depositors having over $2,000 

and not over $10,000, 

4 Number of depositors having over $10, 000, 



9 
10 
11 

12 
18 
14 
15 
16 
17 
18 

19 
20 

21 
22 
28 
24 

25 



27 
28 



80 



1,228; total amount, 

105; total amount, 

47; total amount, 
4; total amount, 



1,879; total deposits, 



Total number of depositors, . 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 110; number 
closed, 110; increase, 0. 

Amount deposited, including interest credited, during the past 
year 

Amount withdrawn during the past year, 

Amount of increase 

Total of interest and profit and loss and rent ac- 
counts per last report, .... 

Amount of income received during the year, 

Total expenses, including salaries, during the year, 

State tax during the year, . 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, 

All other amounts charged off, . 

Dividends, 2 per cent, paid Feb. 1, 1904; amount, 
2 per cent, paid Aug. 1, 1904; amount. 

Net amount carried to surplus, ... 

Total of interest and profit and loss and rent ac- 
counts per this report, . 

Amount of past-due paper at this time is 

Amount of assets yielding no income the past year. 

Loans on real estate— are they all first mortgages ? 

Largest amount loaned on mortgage to any one individual, 
company, society, or corporation, 

Largest amount of personal loan to any one individual 
company, society, or corporation, 

Largest amount of collateral loan to any one individual 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 
year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, First Monday in July. 

Date of annual meeting to elect President, Treasurer, and other 
officers, First Monday in July. 



$204,895.57 

141,793.25 

164,926.74 
47.461.14 

$558,576.70 
18,624.61 



$9,877.58 

26,500.18— 

2,517.06 

819.20 

126.54 

252 91 

8,585.55 

10,518.94 

10,691.27 



7,866.24— 



firm 
firm 
firm' 



92,608.89 
68,718.79 
28,894.60 



85,877.71 



85,877.71 



2,900.00 

Yes 

6,000.00 

6,500.00 

5,000.00 

4* 

140.00 



Officebs.— President, John H. 8age ; Treasurer, F. Gildersleeve ; Directors 
or Trustees, Hobart Davis, E. I. Bell, U. A. Sears, Chas. H. Edwards, Frederick 
DePeyster, A. N. Shepard, John H. Sage, Nelson Shepard, F. Gildersleeve. 



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BANK COMMISSIONED EEPOET. 



133 



GREENWICH SAVINGS BANK. 

Charles E. Merritt, Treasurer. Incorporated, 1870. 

STATEMENT, OCTOBER 1, 1904. 



assets. 

Loans on real estate, . 
Loans on collateral sec'y, . 
Loans on pers'l sec'y only, 
Town, city, and borough 

notes and orders,. . 
School dis. notes and orders, 
Town, city, school district, 
and corporation bonds, . 
Railroad bonds, . 
Bank stocks in Connecticut, 
Real estate by foreclosure, 
Insurance and taxes ad- 
vanced on real estate 
mortgaged, 
Cash in banks, . 
Cash in vault, 



Total Assets, 



$218,354.00 
49,888.00 
19,967.50 

94,500.00 
5,000.00 

32,000.00 

80,000 00 

8,689.00 

4,639.66 



132 10 

71,000.88 

1,749.85 



$580,415.99 



LIABILITIES. 



Whole amount of deposits, $502,492.12 
Surplus account, . .. 17,799.20 
Interest account, less cur- 
rent expenses, and taxes 
paid, . . 10,124.67 



Total Liabilities, 



. $530,415.99 



INVESTMENTS. 



^DESCRIPTION. 


FAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITT, AND BOROUGH NOTES AND ORDERS. 








Town of Greenwich notes, 
Borough of Greenwich notes, . 


. . $ 

• •$ 


63,500.00 
31,000.00 


63,500.00 
31,000.00 


68,500.00 

31,000.00 


Totals, ...... 


94,500.00 


94,500.00 


94,500.00 


SCHOOL DISTRICT NOTES AND ORDERS. 








North Mi anus school district note, . 


. . $ 


5,000.00 


5,000.00 


5,000.00 


TOWN, CITT, SCHOOL DISTRICT, AND CORPORATION 
BONDS. 








Borough of Qreenwich, 4s, 
Town of Greenwich, 4s, 


1922, $ 
1915, 


30,000.00 
2,000.00 


30,000.00 
2,000.00 


81,500.00 
2,040.00 


Totals, 


32,000.00 


32,000.00 


33,540.00 


RAILROAD BONDS. 










Chic, Rock Island & Pacific, gen., 4s, 


1988, $ 


80,000.00 


80,000.00 


31,200.00 


BANK STOCKS. 










70 shares Stamford National, 


. .$ 


2,100.00 


3,689.00 


8,850.00 



Digitized by LjOOSlC 



>g l 



134 



BANK COMMISSIONBES' REPORT. 



GREENWICH SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 



Number of depositors haying less than 
$1,000 

Number of depositors having fl,000 and 
not over $2.000 

Number of depositors having over $2,000 
and not over $ 0,000, 

Number of depositors having over $10,000, 



1,859 ; total amount, 

144 ; total amount, 

40 ; total amount, 
; total amount,. 



8 

9 
10 
11 

12 
18 
14 
15 
16 
17 



19 
20 

21 
22 
28 
24 

25 



27 



80 



1,548 ; total deposits, 
860 ; number 
, during the past 



Total number of depositors, . 
Largest amount due a single depositor, 
Number of accounts opened during the past yeai 

closed, 226; increase, 134. 
Amount deposited, including interest credited, 

year 

Amount withdrawn during the past year, 

Amount of increase, .... 

Total of interest and profit and loss, and rent ac 

counts per last report, .... 
Amount of income received during the year, 
Total expenses including salaries during the year, 
State tax during the year, .... 
Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
All other amounts charged off, . 
18 'Dividends, 2 per cent, paid Jan. 1, 1904, . 
2 per cent, paid July 1, 1904, . 
Net amount carried to surplus, . 
Total of interest and profit and loss and rent ac- 
counts per this report, . 
Amount of past-due paper at this time is 
Amount of assets yielding no income the past year, 
Loans on real estate — are they all first mortgages ? . 
Largest amount loaned on mortga.ee to any one individual 

company, society, or corporation, 
Largest amount of personal loan to any one individual 

company, society, or corporation, 
Largest amount of collateral loan to any one individual 

company, society, or corporation, 
Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chnrgeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, July 7, 1904. 
Date of annual meeting to elect President, Treasurer, and other 

officers, July 7, 1904. 



$224,087.17 

155,171.81 

123,233.14 


602,492.12 
8,092.89 



245,165.59 

208,280.61 

86,884.98 



$13,268.18 

21,612.87— 34,881.05 

2,127.91 

986.06 



8,165.00 

00 

8,521.96 

8,755.95 

1,199.50 



10,124.67- 



firm 



firm, 
firm 



84,881.05 

75.00 



Yea 

13,000.00 

2,445.00 

20,000.00 

.021* 
107.70 



•8H per cent, per annum on excess of $1,000. 

Officers. — President, Robert M. Bruce; Treasurer, Charles E. Merritt; 1st 
Vice-President, John Dayton ; 2d Vice President, Willis H. Wilcox; Directors or 
Trustees: Benjamin Wright, Henry Webb, Elbert A. Selleck, Erwin Edwards, 
Frederick A. Hubbard, Amos W. Avery, George H. Dayton, Amos M. Brush, 
James R. Mead, Augustus I. Mead, Charles A. Brooks, N. A. Knapp, Abram N. 
Mead, L. H. Stevens. 



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BANK COMMISSIONERS' REPORT. 



135 



GROTON SAVINGS BANK, MYSTIC. 

Hrnry B. Noras, Jr., Treasurer. Incorporated, 1854. 

STATEMENT, OCTOBER 1, 1904. 



A68ST8. 

Loans on real estate, . . $880,755.00 
Town, city, and borough 

notes and orders, . 8,000.00 
Town, cny, school district, 

and corporation bonds, . 215.000.00 

Railroad bonds, . . . 880,000.00 

Railroad stocks, . 5,000.00 

Bank stocks in Connecticut, • 6.000.00 

Bauk htocks In other states, 47.250.00 

Real eMaie by foreclosure, 83,857 65 

Cash in banks, . . . 26 876.10 



Total Assets, 



$1,097,788.75 



LIABILITIES. 



Whole amount of deposits, $1,061,698 98 
Surplus account, . . 86,089 82 



Total Liabilities, 



I 



$1,097,738.75 



INVESTMENTS. 



DESCRIPTION. 



PAR 
VALUE. 



BOOK 
VALUE. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS.! 



Town of Groton, Conn., 

RAILROAD STOCKS. 

50 shares N. Y., N. H. & Hartford, 



$; 3,000.00 3,000.00 



. $ 5,000.00 



TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

City of Pueblo, Col., 

Muncie, Ind., 

Duluth, Minn., 
" Muskegon, Mich, 

Atlantic City, N. J., 
" Camden, 

East Orange, 
11 Paterson, 



Omaha, Neb., 
Canton, Ohio, 
Newark, N. J., 
Cleveland, Ohio, 
Springfield " 
Pawtucket, R. I., 
Woonsocket, " 
Racine, Wis., 



4*s, 


1914, 


54s, 


1915, 


6s, 


1911, 


4s, 


1934, 


4s, 


1931, 


4s, 


1926, 


4*8, 


1923, 


4s, 


1933, 


58, 


1914, 


5s, 


11*20, 


4s, 


1999, 


4*8, 


1933, 


4s, 


1924, 


4s, 


19*2, 


4s, 


1925, 


4*s, 


1925, 


48, 


1984, 


48, 


1923, 


5s, 


1916, 



Totals, 



10,000.00 

5,000.00 

5,000.00 

10,000.00 

15,000.00 

10,000 00 

10,000.00 

10,000 00 

10.000.00 

5,000.00 

80,000 001 

20,000.001 

10,000.00! 

10,000.r0 : 

20,000.00, 

20,000.00' 

6.000.00 1 

5,000.00, 

5,000.00, 



MARKET 
VALUE. 



5,000.00 



10,000.00 

5,000.00 

5,l0o.00! 

10,000.00 

15,000.00; 

10,000 00' 

10,000.00' 

10.0O0.00 1 

10.000.00 1 

5,000.001 

80,000.001 

20,000.00i 

10,000.00! 

10,000.00! 

20,000. 00 1 

20,000.00 

5,000.00 

5,000.00' 

5,000.00 



3,000.00 
9,600.00 



10,800.00 

5,4M).00 

5,650.00 

10.300.00 

15,450.00 

10.700 00 

11,300.00 

10,800.00 

11,000 00 

5,750.00 

31,200.00 

22.000.00 

10,800.00 

11,500.00 

21,000.00 

22,400.00 

5,200.00 

5,175.00 

5,450.00 



$ 215,000.00| 215,000.00] 230,425.00 
Digitized by LjOOQIC 



186 



BANK OOMMISSIONEBS' BBPOBT. 



GROTON SAVINGS BANK, MYSTIC— Continued. 
INVESTMENTS.— Coktiwued. 







PAR 


BOOK 


MARKET 


- - 


DESCRIPTION. 

• 




VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. 










Buffalo, New York & Erie, 7b, 


1916, $ 


15,000.00 


15,000.00 


18,750.00 


Burl., Cedar Rapids & Northern, 5s, 
Central R. R. of New Jersey, 5s, 


1934, 


30.000.00 


30,000.00 


36,000.00 


1987, 


80,000.00 


30,000.00 


40,200.00 


Chicago & Eastern Illinois, 5s, 


1937, 


15,000.00 


15,000.00 


18,000.00 


Chicago & Ind. Coal R. R. Co., 5b, 


1936, 


5,000.00 


5,000.00 


5,850.00 


Chicago, Mil. & St. Paul:— 










C. & P. W. Division, 5s, 


1921, 


25,000.00 


25,000.00 


29,000.00 


Lacrosse & Day. " 5s, 


1919, 


10,000.00 


10,000.00 


11,400.00 


Wis. & Minn. " 5s, 


1921, 


10,000.00 


10,000.00 


11,500 00 


Dubuque " 6s, 


1920, 


20,000.00 


20,000.00 


25,000.00 


C. & L. S. " 5s, 


1921, 


5,000.00 


5,000.00 


5,800.00 


Chicago, St. L. & New Orleans, 5s, 


1951, 


5,000.00 


5.000 00 


6,200.00 


Chic, St. Paul, Minn. & Omaha, 6s, 


1930, 


85.000.00 


35,000.00 


46,900.00 


Cleveland & Mahoning Valley, 5s, 


1988, 


20.000.00 


20,000.00 


23,000.00 


Cedar Rapids & Missouri River, 7s, 


1916, 


20,500.00 


20,000.00 


25,800.00 


Mil.. Lake Shore & Western, 6s, 


1921, 


15,000.00 


15,000.00 


19,350.00 


N. Y., N. H. & Hartford, 4s, 


1954, 


10,000.00 


10.000 00 


10.800.00 


Sunb'y, Hazleton & Wilkesbarre, 5s, 


1928, 


5,000.00 


5,000.00 


5,300.00 


St. Paul & Sioux City, 6s, 


1919, 


10,000.00 


10,000.00 


12,100.00 


St. Paul, Minn. & Manitoba, 6s, 


1988, 


50,000,00 


50,000.00 


67,000.00 


Montana Extension, 4s, 


1937, 


5,000.00 


5.000.00 


5,150.00 


Eastern Minn., 4s, 


1948, 


15,000.00 


15,000.00 


15,450.00 


Willmar & Sioux Falls, 5s, 


1938, 


25,000.00 


25,000.00 


29,375.00 


Totals, 


880,000.00 


380,000.00 


467,925.00 


BANK STOCKS. 










120 shares Mystic River National, 


* 


6,000.00 


6,000.00 


7,200.00 


60 ' 


' Pacific Bank, New York, 


3,000.00 


8,000.00 


7,800.00 


80 * 


' Bowery, 


n 


8,000.00 


3,000.00 


10,950.00 


80 ' 


1 Imp. & Trader's Nafl, 


<t 


8,000.00 


3,000.00 


17,250.00 


150 ' 


' Hanover " 


«< 


15,000.00 


15,000.00 


81,000 00 


40 ' 


' Fourth 


n 


4,000.00 


4,000.00 


9,000.00 


40 ' 


' Citizen's Central " 


1$ 


4,000.00 


4.000 00 


6,000.00 


80 « 


' Bank of the Metropolis, 


•' 


3,000.00 


8,000.00 


12,000.00 


70 ' 


' People's Bank, 


" 


1,750.00 


1,750.00 


5,250.00 


40 • 


' Mechanics National, St. Louis, 


4,000.00 


7,500.00 


11,000.00 


60 ' 


' Merchants Ex. National, Ne 


w York, 


3,000.00 


3,000.00 


5,100.00 


Tc 


►tals 


49,750.00 


53,250.00 


172,550.00 



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BAJTK COMMISSIONEES' EEPOBT. 



187 



GROTON SAVINGS BANK, MYSTIC— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000. ...... 1,847; total amount, 

2 Number of depositors haying $1,000 and 

not over $2,000, ..... 15$; total amount, 

3 Number of depositors having over $2,000 

and not over $10,000, . .117; total amount, 

4 Number of depositors having over $10,000, 1; total amount, 

5 
6 

7 



9 

10 
11 

12 
18 

14 
15 
16 
17 
18 

19 
20 

21 



24 
25 
26 
27 



29 

80 



$488,949.46 

224,844.78. 

888,298.40 
15,007.84 



2,118; total deposits, $1,061,698.98 
15,106.84 



Total number of depositors, 

Larsrest amount due a single depositor, 

Number of accounts opened during the past year, 191 ; number 

closed, 182; increase, 9. 
Amount deposited, including interest credited, during the 

past year 

Amount withdrawn during the past year, 

Amount of increase 

Amount deducted from surplus account since 

last report, 

Amount of income received during the year, 
Total expenses including salaries during the 

year 

State tax during the year, ... 
Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
All other amounts charged off, . f 
Dividends: 2 per ct. paid Apr. 1, 1904 ; amount, 
2 per ct. paid Oct. 1, 1904 ; amount, 
Net amount carried to surplus, . 
Total of interest and profit and loss and rent 

accounts per this report, 
Amount of past-due paper at this time is 
Amount of assets yielding no income the past year, 
Loans on real estate — are they all first mortgages ? 
Largest amount loaned on mortgage to any one Individual, firm, 

company, society, or corporation, 

Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, ..... 
Largest amount of collateral loan to any one individual, firm 

company, society, or corporation, .... 

Per cent, per annum of income on foreclosed real estate the 

past year, after deducting: all items chargeable thereto, 
Net increase from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, in July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, in July. 



$8,422.90 
55,018.65— 

1,988.89 

1,565.99 

1,688.86 

12.507.68 

6,805.80 

19,819.75 

20,116.08 





166,187.08 

122,707.48 

48,429.65 



68,441.55 



68,441.55 



14,665.00 

Yes. 

20,000.00 










Opficbbs.— President, Henrv B. Noves ; Treasurer, Henry B. Noyes, Jr. ; 
Directors or Trustees, John O. Pish; William E. Wheeler, John A. Kathbun, 
Henry B. Noyes, Jr., Frederic Denison. 



Baits— 10 



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188 



BANK COMMISSIONERS' REPORT. 



GUILFORD SAVINGS BANK. 

Charles Griswold, Treasurer. Incorporated, 1875. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, $160,010.00 

Loans on collateral security, 12,T6b.60 
Loans on personal security 

only, .... 5,666.00 
Town, city, and borough 

notes and orders, . . 28,880.00 
Town, city, school district, 

and corporation bonds, . 46,000.00 

Railroad bonds, 88,200.00 

Bank stocks in Connecticut, 26,870 00 

Real estate by foreclosure, 040.48 

Cash in banks, . 12,810.25 

Cash in vault, . 2.014.05 



Total Assets, 



$3*7,227.23 



LIABILITIES. 

Whole amount of deposits, 

8urplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid 

Profit and loss account, . 

Rent account, . 



$860,181.81 
14,500.00 



2,721.51 

800.41 

15.00 



Total Liabilities, 



$887,227.28 



INVESTMENTS. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK 

VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOBOUGH NOTES AND ORDERS. 

Town of Guilford, Notes $ 

44 Killingworth, " 
Borough of Guilford, 


20,500.00 

800.00 

2,080.00 


20,500.00 

800.00 

2,080.00 


20,500.00 

800.00 

2,080.00 


Totals $ 

TOWN, CTTY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. 

City of Duluth, Minn., 4s, 1020, $ 
44 Portland, Ore., 5s, 1028, 
44 Colorado Springs, Col., 4s, 1010-1018, 
44 4s, 1015-1018, 
14 Muskegon, Mich., 4s, 1016-1018, 

Atlantic City, N. J., 4s, 1011, 

City of Canton, Ohio, 4+s, 1011, 
44 Chicago, 111., funding, 4s, 1020, 

Town of Souuiington, Conn., 4s, 1017, 


23,880.00 

4,000.00 
5,000.00 
5,000.00 
5,000.00 
6,000.00 
5,000.00 
5,000.00 
5,000.00 
5,000.00 


28,330.00 

4,000.00 
5,000.00 
5,000.00 
5,000.00 
6,000.00 
5,000.00 
5,000.00 
5,000.00 
5,000.00 


28,880.00 

5,100.00 
5,500.00 
5,000.00 
6,000.00 
6,200 00 
6,100.00 
5,350.00 
5,150.00 
6,150.00 


Totals, $ 


45,000.00 


45,000.00 


47,550.00 



Digitized by CjOOQIC 



BANK COMACISSIONEKs' REPORT. 



139 



GUILFORD SAVINGS BANK.— Continued. 
INVESTMENTS.— Cohtinukd. 



DESCRIPTION. 



RAILROAD BONDS. 

Baltimore A Cumb. Valley Ext., 6s, 

Northwestern Union, 7s, 

Chicago, Milwaukee & St. Paul :— 

Fargo & Southern Div., 6b, 

Southern Minnesota Div., ds, 

Chicago & Pacific .' • 6s, 

St. Paul, Minneapolis & Manitoba : — 

Dakota Extension, 6s, 

Minneapolis & St. Louis, refunding, 4s, 
Montana Central, 6s, 

Chicago & Eastern 111., gen. con., 5s, 
Potomac Valley, 5s, 

Genesee A Wyoming, 5s, 

St. Louis, Iron Mountain & So. Riv. : — 

Gulf Division, 4s, 

Elgin, Joliet & Eastern, 5s, 



Totals, 



Guilford 



Guilford, 



Totals, 



1W1. I 
1917, 

1924, 
1910, 
1910, 

1910, 
1949, 
1937, 
1987, 
1941, 
1929, 



1941, 



BANK STOCKS. 

20 shares First National, Meriden, 

10 " New Britain •' New Britain, 

80 " First " Norwich, 

68 " Yale " New Haven, 

25 " Merchants 
88 •• New Haven Co. Nat'l, 
Second 



FAR 
VALUE. 



BOOK 
VALUE. 



MARKET 
YALUE. 



4,000.00 
8,600.00 


4,000.00 
8,500.00 


4,800.00 
4,800.00 


8,000.00 
8,000.00 
2,000.00 


8,500.00 
8,800.00 
2,200.00 


8,900.00 
8,860.00 
2,240.00 


2,000.00 
20,000.00 
12,000.00 
i5,000.00 
10,000.00 

7,000.00 


2,000.00 
20,000.00 
15,500.00 

5,500.00 
11,000.00 

7,500.00 


2,240.00 
19,200.00 
15,800.00 

6,500.00 
11,500.00 

7,700.00 


5,000.00 
5,000.00 


4,700.00 
5,500.00 


5,000.00 
5,750.00 


81,500.00 


88,200.00 


92,290.00 


2,000.00 
1,000.00 
8,000.00 
6,800.00 
1,250.00 
8,820.00 
8,800.00 
8,600.00 
j 


2,500.00 
1,500.00 
8.000.00 
6,800.00 
1,250.00 
8,820.00 
4,900.00 
8,600.00 


8.800.00 
1,600.00 
8,000.00 
8,840.00 
1,625.00 
4,980.00 
6.270.00 
8,600.00 


24,270.00 


26,870.00 


88,715.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 1,856 ; total amount, 

2 Number of depositors having $1,000 and 

not over $2,000, 86 ; total amount, 

3 Number of depositors having over $2,000 

and not over $10,000 18 ; total amount, 

4 Number of depositors having over $10,000, ; total amount, 

5 Total number of depositors, 

• Largest amount due a single depositor, ..... 

7 Number of accounts opened during the past year, 232 ; number 

closed, 141 ; increase, 91. 



1,455 ; total deposits, 



$225,990.86 

110,170.02 

83,020.43 


$369,181.31 
3,563.60 



Digitized by LjOOQIC 



140 BANK OOMMIS6IOffEBS , BEPOBT. 



GUILFORD SAVINGS BANK,— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

8 Amount deposited, including interest credited, during the past 

year, $105,826.80 

9 Amount withdrawn during the past year, 77,121.18 

10 Amount of increase 28,705.17 

11 Total of interest and profit and loss, and rent ac- 

counts per last report, $2,717.02 

12 Amount of income received during the year, 18,201.22— 21,008.24 
18 Total expenses, including salaries, during the year, 1,250.56 

14 State tax during the year 674.09 

15 Town and city taxes and assessments paid, . 12.00 

16 Net amount of premiums charged off, . . 1,541.50 

17 All other amounts charged off, . . 111.74 

18 Dividends : 2 per ct., paid Jan. 1, 1004 ; amount, . 6,875.03 

2 per ct., paid July 1, 1904; amount, . 6,496.50 

19 Net amount carried to surplus 1,000.00 

20 Total of interest and profit and loss and rent ac- 

counts per this report 8,545.92— 21,008.24 

21 Amount of past-due paper at this time is None 

22 Amount of assets yielding no income the past year, . None 
28 Loans on real estate — are they all first mortgages ? Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, .'.... 7,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 700.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 8,100.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 8£ 

28 Net income from foreclosed real estate during the past year, 91.00 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, first Tuesday in October. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, first Tuesday in October. 

Officers.— President, E. H. Butler ; Treasurer, Chas. Griswold ; Directors or 
Trustees, E. H. Butler, Chas. H. Post, B. Monroe, Chas. Griswold, Joseph E. Dud- 
ley, Edward Eliot, Washington E. Griswold, Calvin M. Leete, E. Walter Leete, 
Richard M. Leete, Edgar P. Rossiter, John H. Meigs, William L. Stone, Geo. B. 
Munger, Samuel G. Redfleld, Wm. R. Foote, Charles Page, Martin C. Bishop, E. 
E. Post, Frederick C. Spencer, Richard H. Woodruff, Sturges G. Redfleld, Geo. H. 
Bartlett, Frank E. Smith, Frank C. Dowd. 



Digitized by LjOOQIC 



BANK COMMISSIONERS REPORT. 



141 



HIGGANUM SAVINGS BANK. 

Clement 8. Hubbard, Treasurer. Incorporated, 1874. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $8,817.55 

Loans on collateral security, 440.74 
Loans on personal security 

only, .... 158.00 

Town orders, . 8,075.00 

School district orders, 849 00 

Bank stocks in Connecticut, 2,400.00 

Corporation stock, 500.00 

Cash in banks, . 1,188.81 

Cash in vault, . 9.58 



Total Assets. 



$16,888.68 



LIABILITIES. 

Whole amount of deposits, $12,204.05 

Surplus account, . 1,822.58 

Interest account, less cur- 
rent expenses, and taxes 

paid 242.99 

Profit and loss account, 2,119.06 



Total Liabilities, 



$16,888.68 



INVESTMENTS. 



DESCRIPTION. 



TOWN ORDERS. 

Haddam, Conn., $ 

SCHOOL DISTRICT ORDERS. 

Higganum School Dist. No. 2, Haddam, Conn., $ 

BANK STOCKS. 

20 shares Conn. Tr. & Safe Dep. Co., Hartford, I 
4 " City Bank, Hartford, 



Totals, 



CORPORATION STOCK. 

5 shares Bank Building Co., Higganum, Conn., $ 



PAR 
VALUE. 



8,075.00 
849.00 



2,000.00 
400.00 



2.400.00 



500.00 



BOOK 
VALUE. 



3,075.00 
349.00 



2,000 00 
400.00 



2,400.00 
500.00 



MARKET 

VALUE. 



3,075.00 
349.00 



4,000.00 
860.00 



4,860.00 
500.00 



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142 



BANK COMMISSIONERS' BEPOBT. 



HIGGANUM SAVINGS BANK. — Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000 

2 Number of depositors having $1,000 and 

not over $2,000, 

3 Number of depositors having over $2,000 

and not over $10,000, . 

4 Number of depositors having over $10,000, 



9 
10 
11 

12 
13 
14 
15 
16 
17 
18 

19 
20 

21 
22 
23 
24 

25 

26 

27 



29 
80 



57; total amount, 

1; total amount, 

2; total amount, 
0; total amount, 



Total number of depositors, ... 00; total deposits, 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 2; number 

closed, 6; decrease, 4. 
Amount deposited, including interest credited, during the past 

year 

Amount withdrawn during the past year, 

Amount of decrease, 

Total of interest and profit and loss accounts 

per last report, 

Amount of income received during the year, 
Total expenses including salaries during the year, 

8tate tax during the year 

Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
All other amounts charged off, .... 
Dividends, 2 per cent, paid Dec. 81, 1903; amount, 
2 per cent, paid June 80, 1904; amount, 
Net amount carried to surplus, .... 
Total of interest and profit and loss and rant 

accounts per this report, .... 
Amount of past-due paper at this time is 
Amount of assets yielding no income the past year, . 
Loans on real estate — are they all first mortgages ? . 
Largest amount loaned on mortgage to any one individual 

company, society, or corporation, 
Largest amount of personal loan to any one individual, 

company, society, or corporation, 
Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Monday in August. 
Date of annual meeting to elect President, Treasurer, and other 

officers, second Monday in August. 



$2,159 24 

1,060.11— 

195.22 

1.00 





166.78 

248.96 

245.84 



2,862.05- 



flrm 
firm, 



$5,940.86 

1,154.80. 

5,108.89 


$12,204.05 
2,728.78 



2,005.92 

2,882.42 

876.50 



8,219.85 



8,219.85 





Yes 

950.00 

8,075.00 









Officers. — President, George M. Clark; Treasurer, Clement S. Hubbard; 
Directors or Trustees, George M. Clark. Orlando Burr, Thomas J. Clark, Ralph 
E. Thayer, Geo. B. Hubbard, Frederick Kelsey, Clement S. Hubbard. 



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BANK COMMISSIONERS' REPORT. 



148 



THE INDUSTRIAL SAVINGS BANK OF BRIDGEPORT, 

J. F. Noble, Treasurer. Incorporated, 1888. 

STATEMENT, OCTOBER 1, 1904. 



AB8BT8. 



Loans on real estate, 
Cash in banks, . 
Cash in vault, . 



Total Assets, 



$4,770.00 

2,421.82 

27.10 



$7,218.92 



LIABILITIES. 

Whole amount of deposits, 

Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid 

Profit and loss account, 

Total Liabilities, . 



(6,585.84 
455.04 



89.80 

188.74 

$7,218.22 



MISCELLANEOUS ITEMS. 




10 
11 

12 
18 
14 
15 
16 
17 



10 
20 

21 
22 
28 
24 

25 



Number of depositors haying less than 
$1,000 

Number of depositors having $1,000 and 
not over $2,000, 

Number of depositors having over $2,000 
and not over $10,000 

Number of depositors having over $10,000, 



78; total amount, 

0; total amount, 

1; total amount, 
0; total amount, 



74; total deposits, 



5 Total number of depositors, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 5 ; number 

cl'ised, 4 ; increase 1. 

8 Amount deposited, including interest credited, during the past 
year, 

Amount withdrawn during the past year 

Amount of increase 

Total of interest and profit and loss and rent 

accounts per last report 

Amount of incoine received during the year, 
Total expenses including salaries during the year, 

State tax during the year, 

Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
All other amounts charged off, .... 
18 'Dividends: 2 percent, paid Jan., 1904; amount, 
2 per cent, paid July, 1904; amount, 
Net amount carried to surplus, .... 
Total of interest and profit and loss and rent 

accounts per this report, .... 
Amount of past-due paper at this time is . 
Amount of assets yielding no income the past year, 
Loans on real estate — are they all first mortgages ? 
Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 

Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 



$4,078.95 



2,506.89 




$6,585.84 
2,506.89 



6,798.88 
6,624.28 
1,169.55 



$117.06 

252.68— 

2610 

1.00 







77.19 

87.86 



178.04— 



869.69 







Yes 







• 8 per cent, on excess of $600.00. 



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144 BANK COMMISSIONEBS' EEPOBT. 

THE INDUSTRIAL SAVINGS BANK OF BRIDGEPORT.— 

Continued, 

MISCELLANEOUS ITEMS.— Continued. 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, ..... 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, July. 

Officers.— President, James Spargo ; Treasurer, J. F. Noble ; Directors or 
Trustees, Zalmon Goodsell, G. C. "Waldo, Prank W. Wilson, Alex. Deverty, Geo. 
Turney, Theo. D. Leavenworth. 



Digitized by LjOOQIC 



BANK COMMISSIONERS' REPORT. 



145 



JEWETT CITY SAVINGS BANK. 

Frank B. Robinson, Treasurer. Incorporated, 1878. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, . 


$287,161.00 


Whole amount of deposits, 


$912,284.25 


Loans on collateral security, 


59,875.00 


Surplus account, 


50,000.00 


Loans on personal security 




Profit and loss account, . 


8,215.66 


only, . ... 


85,806.00 


Rent account, . 


445.57 


Town and borough notes, . 


62,860.00 






School district notes, 


2,000.00 






Town, city, and borough 








bonds, .... 


216,000.00 






Railroad bonds, 


164,000.00 






Bank stocks in Connecticut, 


82,850.00 






Bank stocks in other states, 


11,000.00 






Real estate by foreclosure, 


7,871.00 






Banking house, 


7,000.00 






Cash in banks, . 


26,109.18 






Cash in vault, . 


4,918.85 


Total Liabilities, 




Total Assets, 


$965,945.48 


$965,945.48 



INVESTMENTS. 



DESCRIPTION. 


FAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN AND BOROUGH NOTES. 








Town of Lisbon, Conn. 


$ 


17,185.00 


17,185.00 


17,185.00 


Griswold, 




16,000.00 


16,000.00 


16,000.00 


Borough of Jewett City, " 


. . . .$ 


29,225.00 


29,225.00 


29,225.00 


Totals, 


62,860.00 


62,860.00 


62,860.00 


SCHOOL DISTRICT NOTES. 








12th School District of Griswold, Conn., . . $ 


2,000.00 


2,000.00 


2,000.00 


TOWN, CTTT, AND BOROUGH BONDS. 








Town of Griswold, Conn., 


8*s, 1920, $ 


60,000 00 


60,000.00 


61,000.00 


Groton, 


4s, 1905-1911, 


20,000.00 


20,000.00 


20,800.00 


f< Norwalk, 


4s, 1921, 


10,000.00 


10,000.00 


10,600.00 


" Middletown, " 


4s, 1910, 


5,000.00 


5,000.00 


5,100.00 


Borough of Jewett City, " 


Sis, 1938, 


15,000.00 


15,000.00 


15,000.00 


Danbury, " 


4s, 1909, 


5.000.00 


5,000.00 


5,100.00 


City of Norwich, 


5b, 1908, 


15,000.00 


15,000.00 


15,800.00 


Cincinnati, Ohio, 


6s, 1906, 


22,000.00 


22,000.00 


22,800.00 


<< f< << 


7^8. 1906, 


9,000 00 


9,000.00 


9,500.00 


Kansas City, Mo., 


4s, 1910, 


10,000.00 


10,000.00 


10,200.00 


Terre Haute, Ind., 


4*6, 1907, 


10,000.00 


10,000.0q 


10,300.00 



Digitized by 



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146 



BANK COMMISSIONED EEPOBT. 



JEWETT CITY SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH BONDS. — CONTINUED. 

City of Paterson, N. J., 4s, 1910, $ 

Tacoma, Wash , 5s, 1918, 

Minneapolis, Minn., 4s, 1919, 

Duluth, " 4s, 1920, 



Totals, 



$ 216,000.00 



RAILROAD BONDS. 

Chicago, Rock Island & Pacific, 

Chicago, Milwaukee & St. Paul, 
<< <« «« 

Staten Island, 

Mineral Range, 

Joliet & Northern Indiana, 

Oswego & Rome, 

New London Northern, 

Illinois Central, 

Minneapolis & St. Louis, 



4s, 1988, $ 
5s, 1921, 
6b, 1910, 
4*s, 1948, 
5s, 1981, 
7s, 1907, 
7s, 1915, 
5s, 1910, 
8*8, 1958, 
4s, 1949, 



Totals, 



BANK STOCKS. 



275 shares Thames National, Norwich. Conn., $ 

100 " Uncas 

75 " First 

140 " Nat. Bk. of Com., N. London, 

50 " Hartford National,Hartford, 

50 " City Bank, 

50 " First National, Middletown, 

20 " " " Stonington, 

25 " Citizens Cent. Nat., New York, N. Y. , 

100 " Chatham 



Totals, 



PAR 

VALUE. 



10,000.00 

10.000.00 

10,000.00 

5,000.00 



40,000.00 

10,000.00 

3,000.00 

20,000.00 

19.000.00 

15.000.00 

7,000 00 

5,000.00 

15,000.00 

80,000.00 



$ 164,000.00 



27,500.00 
10,000.00 
7,500.00 
14,000.00 
5.000.00 
5,000.00 
5.000.00 
2,000.00 
2.500.00 
2,500.00 



$ 81,000.00 



BOOK 
VALUE. 



10,000.00 

10,000.00 

10,000.00 

5,000.00 



216,000.00 



40,000.00 

10,000.00 

8,000.00 

20,000.00 

19,000.00 

15,000.00 

7,000.00 

5.000.00 

15,000.00 

80,000.00 



164,000.00 



81,850.00 

10,000.00 

10,000.00 

14,000.00 

5,000.00 

5,000.00 

5,000.00 

2,000.00 

2,500.00 

8,500.00 



98,850.00 



MARKET 
VALUE. 



10.200 00 

11,150.00 

10,600.00 

5,800.00 



222,950.00 



48.000.00 

12,000.00 

8.850.00 

21.000.00 

28,000.00 

16,850.00 

9,000 00 

5,800.00 

15.000.00 

81,600.00 



179,600.00 



46.750.00 
10,000.00 
5,625.00 
17,000.00 
7.000.00 
5,000.00 
5,500.00 
2,400.00 
4,000.00 
8,750.00 



112,025.00 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000, 

2 Number of depositors having $1,000 and 

not over $2,000, .... 
8 Number of depositors having over $2,000 
and not over $10,000, 

4 Number of depositors having over $10,000, 

5 Total number of depositors, . 



1,609; total amount, 

156; total amount, 

106; total amount, 
3; total amount, 



$329,276.58 

211,689.79 

385.000.29 
86,317.64 



1,874; total deposits, $912,284.25 

Digitized by LjOOQ IC 



BANK COMMISSIONERS' EBPOBT. 



147 



JEWETT CITY SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS^- Continued. 

6 Largest amount due a single depositor 

7 Number of accounts opened during the past year, 285; number 

closed. 244; decrease, 9. 

8 Amount deposited, including interest credited, during the past 

year, ....... 

Amount withdrawn during the past year, . 

10 Amount of increase, 

11 Total of interest and profit and loss and rent ac- 

counts per last report, .... 

12 Amount of income received during the year, 

13 Total expenses, including salaries, during the year, 

14 State tax during the year 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 Dividends, 2 per cent, paid April, 1904; amount, 

If per cent, paid Oct., 1904; amount, 

19 Net amount carried to surplus, . 

20 Total of interest and profit and loss and rent ac 

counts per this report 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 

23 Loans on real estate — are they all first mortgages ? 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 

26 Largest amount of collateral loan to any one individual, firm 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, Second Wednesday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, Second Wednesday in July. 



|2,765.47 

45,001.47— 

8,129.13 

1,686.13 

110.67 



4,716.59 

17,112.78 

17,850.41 



8,661.23— 



$12,872.04 



168.688.47 

142.941.79 

20,691.68 



47,766.94 



47,766.94 



8,000.00 

Yes 

50,000.00 

15,000.00 

22,000.00 

840.58 



Offiobbs. — President, James O. Sweet; Vice-Presidents, Edward M. Anthony, 
John C. Hawkins; Secretary and Treasurer, Frank E. Robinson; Directors, Israel 
ICathewson. Stephen Tiffany, Elia9 H. Chapman, James E. Fuller, Edward F. 
Burleson, Clark W. Reynolds, Frank E. Robinson, Daniel L. Phillips, Adelbert 
R. Young. 



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148 



BANK COMMISSIONERS REPORT. 



THE LITCHFIELD SAVINGS SOCIETY. 

Charles H. Coit, Treasurer. Incorporated, 1850. 

STATEMENT, OCTOBER 1, 1904. 



AS8ET8. 




LIABILITIES. 


Loans on real estate, . 


$421,482.50 


Whole amount of deposits, $1,534,739.74 


Loans on collateral sec'y, . 


131,985.00 


Surplus account, 50,000.00 


Loans on personal security 




Interest account, less cur- 


only 


22,175.00 


rent expenses, and taxes 


Town, city, and borough 
notes and orders, 




paid 61,607.83 


8,500.00 




Town, city, school district, 






and corporation bonds, 


418,600.00 




Railroad bonds, . 


472,000.00 




Bank stocks in Connecticut, 


79,840.00 




Bank stocks in other states, 


40,180.25 




Real estate by foreclosure, . 


2,808.08 




Insurance and taxes advanc- 






ed on real estate mort- 






gaged 


472.86 




Cash in banks, . 


48,858.88 
1,648,347.07 




Total Assets, . $ 


Total Liabilities, . $1,646,847.07 



INVESTMENTS. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 








Orders, Town of Litchfield $ 


5,000.00 


5,000.00 


5,000.00 


Notes, Borough of Litchfield, 


3,600.00 


3,500.00 


8,500.00 


Totals $ 


8,500.00 


8,500.00 


8.500.00 


TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 








Town of Litchfield, Conn., 4s, 1896-1901, $ 


60,000.00 


60,000.00 


60,000.00 


6s, 190&-1911, 


20,000.00 


20,000.00 


20,600.00 


44 Morris, " 4*8, 1896-1901, 


4,600.00 


4,600 00 


4,600.00 


" Windham, " 4s, 1925, 


10,000.00 


10,000.00 


10,500.00 


City of Duluth, Minn., Park, 4s, 1921, 


8,000.00 


8,000.00 


8,000.00 


" Minneapolis, Minn., 








Imp. W. Works, 4s, 1920, 


40,000.00 


40,000.00 


42,800.00 


" Minneapolis, Minn., 








Park, 4s, 1922, 


12,000.00 


12,000.00 


12,900.00 


" Toledo, O., Bridges, 4*8, 1918, 


5,000.00 


5,000.00 


5,250.00 


Park Imp., 4s, 1922, 


6,000.00 


6,000.00 


6,180.00 



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BANK COMMISSIONERS' BEPOBT. 



149 



THE LITCHFIELD SAVINGS SOCIETY.— Continued. 
INVESTMENTS.— continued. 



DESCRIPTION. . 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 
BONDS. — CONTINUED. 

City of St. Paul, Minn., 4*8, 1917, 

14 Chicago, 111., Col. Pair, 4s, 1921, 
" Topcka, Kan., 5s, 1910, 

" Ansonia, Conn., 4s, 1906-1915, 

44 Pawtucket, R. I., Sew., 4s, 1934, 
G. & H., 4s, 1938, 
44 Kansas City, Jgmt., 4*s, 1915, 
41 Omaha, Neb., City Hall, 5s, 1911, 
14 Portland, Or., Water, 5s, 1928, 
Bridge, 5s, 1925, 
44 Woonsocket,R.I.,Pdg., 4s, 1927, 
44 Los Angeles, Cal., P. D., 4s, 1928, 

,Y Tunnel,' 4s, 1926-1982, 

41 Omaha, Neb., Renewal, 4is, 1924, 



Totals, 



RAILROAD BONDS. 



Chicago, Milwaukee & St. Paul:— 
Mineral Point Div., 

LaCrosse 

Southwestern <4 

Dubuque " 

Hastings & Dakota 
Southern Minn. " 

Ottumawa,Cedar Palls A St. Paul, 
New York, Providence & Boston, 
Pittsburg, McKeesport & Yough'y, 
Terre Haute & Indianapolis, 
Staten Island Railway, 
Illinois Cent., Springfield Division, 
Clearfield & Mahoning, Guar'd, 
Chi., Rock Island & Pac., gen. 4s, 
Baltimore & Cumberland, V. Ex., * 
St. Paul, Minn. & M. Consol., 
Minn. & St. Louis, 1st & Ref., ■ 
St. Paul, Minn. & M., Montana Ex., 
Montana Central, 

N.Y., N.H. & H. R.R., Harlem Riv., 
Burlington, Cedar R. & Northern, 



5s, 
5s, 
6s, 
««, 

Z 8 ' 

I*' 
5s, 

4s, 

6s, 

5s, 

4*4, 

8*s, 

5s, 

4s. 

«s, 

4s, 
4s, 
6s, 
4s, 
5s, 



1910, 
1919, 
1909, 
1920, 
1910, 
1910, 
1909, 
1942, 
1932, 
1925, 
1943, 
1951, 
1943, 
1988, 
1981, 
1933, 
1949, 
1937, 
1937, 
1954, 
1906, 



Totals, 



BANK STOCKS. 



110 shares Waterbury National, Waterbury, 
120 " Citizens 
10 •• Birmingham 44 Derby, 



PAR 
VALUE. 



10,000.00 
35,000.00 
25,000.00 
10,000.00 
10,000.00 
10,000.00 
80,000.00 
10,000.00 

6.000.00 
17,000.00 
80,000.00 

1,000.00 
89.000.00 
20,000.00 



418,600.00 



20,000.00 
25,000.00 
85,000.00 
25,000.00 
20.000.00 

6,000.00 
10,000 00 
18,000.00 

4,000.00 
10.000.00 
24.000 00 
50,000.00 
25.000.00 
110,000.00 

6,000.00 
20,000 00 
10,000.00 
30,000.00 
10,000.00 
10,000.00 
10,000.00 



472,000,00 



5,000.00 

12,000.00 

1,000.00 



BOOK 
VALUE. 



10,000.00 

35,000.00 
25,000.00 
10,000 00 
10,000.00 
10,000.00 
80,000.00 
10,000,00 

6,000.00 
17,000.00 
80,000.00 

1,000.00 
89,000.00 
20,000.00 



418,600.00 



20,000.00 
25,000.00 
85,000.00 
25,000.00 
20,000.00 

6,000.00 
10,000 00 
18,000.00 

4,000 00 
10.000 00 
24,000.00 
50,000 00 
25,000.00 
110,000 00 

5,000.00 
20,000.00 
10,000.00 
80,000.00 
10,000.00 
10,000.00 
10,000.00 



472,000.00 



8,250 00 

15,000.00 

1,500.00 



MARKET 
VALUE. 



10,900.00 
86,550.00 
26,500.00 
10.000.00 
10,700.00 
10,550.00 
32.400.00 
19.600.00 

6,900.00 
20.100.00 
81,800.00 

1,060.00 
42,120.00 
21,600.00 



442,610.00 



21,250.00 
28,625.00 
88,675.00 
81,250.00 
23.200.00 

6,660.00 
10,375.00 
13 120.00 

5,100.00 
10,400.00 
22.800.00 
46 000.00 
28,250.00 
114,400.00 

6.000.00 
22,000.00 

9,500.00 
80.000.00 
13,200.00 
10.500.00 
10,300.00 



501,605.00 



Digitized by 



8,250.00 

15,600.00 

1,500.00 

Google 



150 



BANK COMMISSIONERS' EEPOET. 



THE LITCHFIELD SAVINGS SOCIETY.— Continued. 
INVESTMENTS.— Costikued. 









PAR 


BOOK 


MARKET 




DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 




BANK STOCKS. — CONTINUED. 








112 shares Phoenix National, 


Hartford, $ 


11,200.00 


18,000.00 


12,880.00 


100 ' 


• Hartford 


«< 


10,000.00 


13,500.00 


18,300.00 


42 ' 


• Fars. & Mechs. 


t« 


4,200.00 


4,600.00 


4,914.00 


21 ' 


' State, 


«< 


2,100.00 


2,100.00 


2,835.00 


25 • 


* National Exchange, 

4 American National 


" 


1,250.00 


1,500.00 


1,550.00 


21 ' 


<< 


1,050.00 


1,800.00 


1,450.00 


50 ' 


* First 


<i 


5,000.00 


5,500.00 


7,000.00 


25 ' 


' Charter Oak 


«f 


2,500.00 


2,250.00 


3,000.00 


55 ' 


' First 


Litchfield, 


5,500.00 


4,540.00 


5,500.00 


10 ' 


' Yale 


New Haven, 


1,000.00 


1,100.00 


1,300.00 


15 ' 


' National Tradesmen's, 


i « 


1,500.00 


2,000.00 


2,625.00 


81 ' 


' City, 


«< 


3,100.00 


8,700.00 


4,840.00 


45 ' 


4 National Park, 


New York, 


4,500.00 


12,000.00 


22,27500 


20 « 


' Imp. & Traders National, 


«« 


2,000.00 


10,000.00 


11,800.00 


175 ' 


' Mechanics " 


<< 


4,875.00 


5,650.25 


12,875.00 


16 « 


' Fourth 


1 1 


1,«U0.00 


2,500.00 


8,600.00 


11 * 


' First 


14 


1,100.00 


8,000.00 


6,600.00 


12 ' 


' Nat. Bank of Commerce, 


'• 


1,200.00 


2,080.00 


2,585.00 


7 « 


' Bank of America, 


€t 


700.00 


1,750.00 


8,570.00 


20 ' 


• American Ex. National, 
tals, .... 


i* 
. . .. $ 


2,000.00 


8,200.00 


4,700.00 


To 


84,875.00 


119,970.25 


153,549.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 2,899 ; total amount, $519,517.06 

2 Number of depositors having $1,000 and 

not over $2,000, .... 300 ; total amount, 390,161.18 
8 Number of depositors having over $2,000 

and not over $10,000, . . 158 ; total amount, 561,026 86 

4 Number of depositors having over $10,000, 5 ; total amount, 64,034.64 

5 Total number of depositors, . . . 2,862 ; total deposits, $1,634,789.74 

6 Largest amount due a single depositor, 16,978.75 

7 Nunber of accounts opened during the past year, 268 ; number 

closed, 226 ; increase, 42. 

8 Amount deposited, including interest credited, during the past 

year, 242,680.35 

9 Amount withdrawn during the past year 197,507.16 

10 Amount of increase 45,173.19 

11 Total of interest and profit and loss accounts per 

last report, $63,489.05 

12 Amount of income received during the year, . 70,565.45— 134,054.50 
18 Total expenses including salaries, during the year, 3,546. 23 

14 State tax during the year, ..... 8,203.84 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 2,287.50 

Digitized by LjOOQ IC 



BANK COMMISSIONERS' REPORT. 



151 



THE LITCHFIELD SAVINGS SOCIETY.— Continued. 



MISCELLANEOUS ITEMS.— Cohtinued. 



17 
18 

19 
20 

21 
22 
28 
24 

25 

26 

27 
28 



80 



All other amounts charged off , . 
Dividends, 2 per cent, paid Jan. 1, 1004; amount, 
2 per cent, paid July 1, 1904; amount, 
Net amount carried to surplus, .... 
Total of interest and profit and loss and rent ac- 
counts per this report 

Amount of past-due paper at this time is . 
Amount of assets yielding no income the past year, 
Loans on real estate — are they all first mortgages ? 
Largest amount loaned on mortgage to any one individual, 

company, society, or corporation, 
Largest amount of personal loan to any one individual 

company, society, or corporation, 
Largest amount of collateral loan to any one individual 

company, society, or corporation, 
Per cent, per annum of income on foreclosed real estate the past 

year after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, last Saturday in June. 
Date of annual meeting to elect President, Treasurer, and other 

officers, last Saturday in June. 





$29,098.78 

29,866.87 

5,000.00 

61,607.88— 



firm, 
firm 
firm! 



$184,054.50 

21,000.00 

21,800.00 

Yes 

15,000.00 

80,000.00 

48,000.00 

ioSoo 



Officers.— President, George M. Woodruff ; Treasurer, Charles H. Coit ; Di- 
rectors or Trustees, George M. Woodruff, president, ex officio ; George Eenney, 
vice-president, ex officio ; Charles H. Coit, treasurer, ex officio ; Almon E. Fuller, 
John T. Hubbard, William T. Marsh, James P. Woodruff, W. J. Bissell. 



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152 



BANK COMMISSIONERS' BEPORT. 



MARINERS SAVINGS BANK, NEW LONDON. 

P. LeRoy Harwood, Treasurer. Incorporated, 1867. 

STATEMENT, OCTOBER 1, 1904. 



Loans on real estate, . $869,800.00 

Loans on collateral security, 72,000.00 
Loans on personal sec'y only, 1,800.00 
Town, city, and borough 

notes and orders, . 40,000.00 
Town, city, school district, 

and corporation bonds, 598,450 00 
Railroad bonds, . 1,468,655.50 

Railroad stocks, 6,978 65 

Bank stocks in Connecticut, 82,787.50 

Real estate by foreclosure, 184. 12 

Banking house, 15,004.60 
Insurance and taxes ad- 

vanced on real estate 

mortgaged, . . 17.25 

Cash in banks, . 28,950.46 

Cash in vault, . . 4,022.14 



Total Assets, 



$8,191,600.22 



LIABILITIES. 

Whole amount of deposits, $2,998,162.71 

Surplus account, 117,500.00 
Interest account, less cur- 
rent expenses, and taxes 

paid, .... 10,608.44 

Profit and loss account, . 54,039.18 

Premium, .... 21,294.89 



Total Liabilities, 



(3,191,600.82 



INVESTMENTS. 



DESCRIPTION. 



TOWN,CITY, AND BOROUGH NOTES AND ORDERS 

Waterford, . $ 



RAILROAD STOCKS. 

152 shares pref . Pere Marquette, 



t 15,200.00 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. 

Waterford, 4s, 1907, $ 

Glastonbury, 4s, 1928, 

Waterbury Center School District, 4s, 1943, 
Pawtucket, R. I., 4s, 1934, 

Hoboken, N. J./ 4s, 1917, 

Columbus, Ohio, 4*8, 1921, 

4s, 1910, 
Hamilton, " 5s, 1909, 

Canton, " 4*s, 1918, 

4*s, 1923, 
4s, 
Paducah, Ky., 4*s, 1926, 



PAB 
VALUE. 



40,000.00 



30,000.00 
35,000.00 
80,000.00 
20,000.00 
43,000.00 
50,000.00 
50,000.00 
25,000.00 

2,800.00 
12,000.00 

2,000.00 
41,000.00 



BOOK 
VALUE. 



40,000.00 



6,978.65 



80,000.00 
85,000.00 
32,400.00 
20.000.00 
43,000.00 
51,800 00 
50,000.00 
26,000.00 

2.980.00 
12,980.00 

2.050.00 
48,800.00 



MARKET 
VALUE. 



40,000.00 



12,160.00 



30,800.00 
87,000.00 
84,000.00 
20,900.00 
45,000.00 
55,000.00 
63,000.00 
27,000.00 

3,000.00 
13,000.00 

2,050.00 
43,500.00 



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BA2TK OOMMIS8IONBES BEPOBT. 



158 



MARINERS SAVINGS BANK, NEW LONDON.— CoN-nmraiD. 
INVESTMENTS.— Coirrnnnro. 



" 






PAR 


ROOK 


MARKET 


DESCRIPTION. 






VALUE. 


VALUE. 


VALUE. 


TOWH, CITY, SCHOOL DISTRICT, AND CORPORA- 








TION RONDB. — CONTINUED. 










Muncie, Ind., 


5*8, 


1915, | 


15,000.00 


15,000.00 


15,000.00 


Sioux City, la., 


4*s, 


1016, 


20,000.00 


20.000.00 


20,000.00 


Superior, Wis., 


6s, 


1910, 


25,000.00 


25.000.00 


25,000.00 


Omaha, Neb., 


os. 


1909, 


25,000 00 


25,900.00 


26,000.00 


f< <« 


4*8, 


1910, 


8,000 00 


8,190.00 


8,800.00 


tt n 


4*8. 


1984, 


15,000.00 


16,800.00 


16,500.00 


Tacoma, Wash., 


58, 


1928. 


50,000.00 


50,000 00 


58,090.00 


Albina, Ore., 


6s, 


1921, 


15,000.00 


17,850.00 


17.850 00 


Portland, •« 


5s, 


1928. 


25,000.00 


28,700.00 


29,000 00 


<« tt 


58, 


1926. 


5,000.00 


5,750.00 


6,000.00 


Colorado Springs, Col., 


4s, 


1918, 


25,000.00 


24.850.00 


25,000.00 


Pueblo, Col., 


4*8, 


1918, 
• • * 


15,000.00 


15,900.00 
598,450.00 


16,000.00 


Totals, .... 


578,800.00 


616,400.00 


RAILROAD RONDS. 












New York, Ptot. & Boston, 


4s, 


1942.$ 


25,000.00 


25,800.00 


26,500 00 


Pitts., Ft. Wayne & Chicago, 


7s, 


1912, 


10,000.00 


11,850.00 


12,000.00 


Sharon Railway, 


4*8, 


1919. 


10,000.00 


10,260.00 


10,800.00 


Chicago, Rock Island & Pacific, 


6s, 


1917, 


20.000.00 


22.550.00 


24.000 00 


«* i* tt tt 


4s, 


1988, 


100,000.00 


108,650.00 


107,500.00 


Chicago, Milwaukee & St. Paul: 












Chicago & Pacific Western, 


5s, 


1921, 


50,000.00 


55,100.00 


58,000.00 


LaCroate & Davenport, 


5s, 


1919, 


20,000.00 


19,800.00 


24,000.00 


Mineral Point. 


58, 


1910, 


60,000.00 


60,000.00 


68,000.00 


Hastings & Dakota, 


7s, 


1910, 


25.000.00 


29,800.00 


80.000.00 


Chicago & Missouri River, 


5s, 


1926, 


25,006.00 


29,720.00 


29,000.00 


Chicago & Northwestern : — 












Mil., Lake Shore & Western, 


6s, 


1921, 


50,000.00 


62,900.00 


64,250.00 


.1 a tt 


5s, 


1929, 


15,000 00 


18,000.00 


18,000.00 


Sioux City & Pacific, 

St. P., Stillwater & T. Falls, 


8*s, 


1986, 


85,000.00 


81,112.50 


82,025 00 


7s, 


1908, 


1,000.00 


1,100.00 


1,200.00 


Chic, St. P., Minn. & Omaha, 


8*8, 


1980. 


15,000 00 


14,000.00 


14,250.00 


No. Illinois, 


58, 


1910, 


1,000.00 


1,050.00 


1,090.00 


Gt. Northern. St. Paul M. & M. 


— 










Dakota Division, 


6s, 


1910, 


50.000.00 


56,680.00 


56.500.00 


Montana Ext., 


48. 


1987. 


25,000.00 


27,060.00 


26,000.00 


Consol., 


4*8, 


1988, 


125,000.00 


141.067.00 


141,250.00 


tt 


6s, 


1988, 


85,000.00 


45,650.00 


46.900.00 


Eastern Ry. of Minn., 


48, 


1028, 


25.000.00 


26,950.00 


26,950.00 


*« tt *t 


5s, 


1908, 


16,000 00 


16,500.00 


16.640.00 


Montana Central, 


5s, 


1987, 


20,000.00 


24,175.00 


28,600.00 


t* tt 


6s, 


19H7, 


61,000.00 


84,480.00 


82,850.00 


Willmar & Sioux Falls. 


5s, 


1988, 


8,000.00 


8,500.00 


8,600.00 


Chicago, Burlington & Quincy :- 












Iowa Division, 


4s, 


1919. 


25,000.00 


25,000.00 


25,250.00 


Nebraska, 


:4s, 


1927. 


25,000.00 


26,575.00 


26,500.00 



Bank— 11 



Digitized by 



Google 



154 



BANK COMMISSIONERS REPORT. 



MARINERS SAVINGS BANK, NEW LONDON.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 

Peoria & Pekin Union, 6s, 

Detroit, Grand Rapids & West'n, 4s, 
Sunbury & Lewiston, 4s, 

Iowa Falls & Sioux City, 7s, 

Illinois Central, Springfield Div., 8±s, 
Omaha, 8s, 

Minneapolis & St. Louis, 4s, 

Chicago & Eastern Illinois, 6s, 

5s, 
Burl., Cedar Rap. & North'n,reg., 5s, 

5s, 
Buffalo & Susquehanna, 4s, 

Chicago & West Indiana, 6s, 

St. Louis, Iron Mt. & So., 4s, 

Chicago & Ind. Rail Co., 5s, 



1921, 
1946, 
1936, 
1917, 
1957, 
1951, 
1949, 
1934, 
1937, 
1984, 
1934, 
1951, 
1932, 
1933, 
1936, 



Totals, 



BANK STOCKS. 



200 shares Thames National, Norwich, $ 
200 •' Nat. Bk. of Com., New London, 
200 " Union, 
400 " Whaling National, 



Totals, 



FAR 

VALUE. 



38,000.00 
18,500.00 
25,000.00 

5,000.00 
25,000 00 

1,000.00 
40,000.00 
15,000.00 
75,000.00 
20,000.00 
56,000.00 
25,000.00 
10,000.00 
25,000.00 
15,000.00 



BOOK 
VALUE. 



48,97400 
18,500.00 
25.000 00 
5,775.00 
25,000.00 
786.00 
43,875.00 
20,740.00 
89,050.00 
23,536.00 
62,000.00 
25,000.00 
11,225.00 
28,750.00 
17,665.00 



1,315,500.00 



20,000.00 
20,000.00 
20,000.00 
10,000.00 



70,000.00 



28,400.00 
21,450.00 
20,937.50 
12,000.00 



82,787.50 



MARKET 

VALUE. 



45,600.00 
18,500.00 
26,400.00 
6,500.00 
24,000.00 
850.00 
40,000.00 
28,950.00 
89,050.00 
23,800.00 
66.640.00 
25.000.00 
11,400.00 
23,450.00 
17,700.00 



1,468,655.601,489,295.00 



82,000.00 
82,000.00 
21,000.00 
20,000.00 



105,000.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 8,980 ; total amount, (840,450.51 

2 Number of depositors having $1,000 and 

not over $2,000, 622 ; total amount, 829,948.62 

8 Number of depositors having over $2,000 

and not over $10,000, . 873 ; total amount, 1,274,286.74 

4 Number of depositors having over $10,000, A : total amount, 43,476.84 

5 Total number of depositors, . . . 4,978 ; total deposits, $2,988,162.71 

6 Largest amount due a single depositor 16,882.26 

7 Number of accounts opened during the past year, 900 ; num- 

ber closed, 569 ; increase, 831. 

8 Amount deposited, including interest credited, during the past 

year 637,700.25 

9 Amount withdrawn during the past year, 431,206.26 

10 Amount of increase, 205,498.99 

Digitized by LjOOQIC 



REPORT. 155 



MARINERS SAVINGS BANK, NEW LONDON.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

11 Total of interest and profit and loss, and rent 

accounts per last report 160,920.84 

12 Amount of income received during the year, 139,228.47— $200,158.31 
18 Total expenses, includiug salaries, during the year, 5,031.36 

14 State tax during the year 6,522.09 

15 Town and city taxes and assessments paid, 220.94 

16 Net amount of premiums charged off, 7,394.43 

17 AH other amounts charged off, .... 

18 'Dividends : 2 per cent., paid Mch. 1, 1904; amount, 58,403.03 

2 per cent., paid Sept. 1, 1904; amount, 54,955.84 

19 Net amount carried to surplus, .... 7,988.00 

20 Total of interest and profit and loss and rent 

accounts per this report, .... 64,642.62— 200,158.81 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . . 25,000.00 

23 Loans on real estate — are they all first mortgages ? . Yes. 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 80,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 800.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 20,000.00 

27 Per cent per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . .023 

28 Net income from foreclosed real estate during the past year, . 64.89 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, last Wednesday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, last Wednesday in July. 



* 3 per cent, per annum on excess of $8,000. 

Officers. — President, George C. Strong; Treasurer, P. LeRoy Harwood; 
Directors. W. H. Allen, F. S. Newcomb, F. H. Parmelee, E. V. Daboll, G. C. 
Strong, W. L. Peckham, John Hopson, G. E. Starr, 0. H. Klinck, P. LeRoy Har- 
wood, T. A. Miner, J. P. Johnston, A. R. Darrow, C. B. Waller. 



Digitized by LjOOQIC 



156 



BAKX COMMISSIONERS' REPORT. 



MECHANICS SAVINGS BANK, HARTFORD. 

Ward W. Jacobs, Treasurer. Incorporated, 1861. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . 

LoaDS on collateral sec'y, 

Town orders, 

Town and city bonds, 

Railroad bonds, . 

Bank stocks in Connecticut, 

Bank stocks in other states, 

Real estate by foreclosure, . 

Cash in banks, 

Cash in vault, 



Total Assets, 



$2,681,640.00 

217,775.00 

10,000.00 

400,000 00 

2,8*6,325.00 

144,701.00 

29,910.00 

178.880 67 

. 414.662.40 

18.4b2.52 

16,429,876.69 



LIABILITIES. 

Whole amount of deposits, $6,165,428.31 

Surplus account, 128,651.59 

Interest account, less cur- 
rent expenses, and taxes 
paid 106,915.09 

Profit and loss account, . 28,881.60 



Total Liabilities, 



$6,429,876.59 



INVESTMENTS. 



DESCRIPTION. 



TOWN ORDERS. 



Bolton <f 10,000.00 



TOWN AND CITY BONDS. 

Bloomfield, 

Middlefield, 

Denver (South Denver). Col. 

Duluth (W. Duluth), Minn. 

Minneapolis, " 

Omaha, Neb., 



Pater son, N. J., 



Portland (B. Portland), Ore 
" (Albina), 



8+8, 


1920, 


*hV*s 


1909, 


,6s, 


1906, 


,6s, 


1914, 


4s, 


1917, 


4s, 


1905-11, 


5s, 


1907, 


5s, 


1912, 


4s, 


1924, 


4*8, 


1905, 


4*8, 


1906, 


4*8, 


1910, 


.,6s, 


1921, 


6s, 


1921, 



Totals, 



RAILROAD BONDS. 



Atchison, Topeka & S. Fe, gen., 4s, 1995, $ 

" adjustra't,4s, 1995, 
Buffalo, Rochester & Pittsburg :— 

Clearfield & Mahoning, 5s, 1948, 



PAR 

VALUE. 



82,000.00 
20,000.00 
81,000.00 
47,000.00 
60,000.00 
55.000.00 
10,000.00 
25,000 00 
40,000 00 
10.000.00 
10,000.00 
50,000.00 
4.000.00 
25,000.00 



409,000.00 



12,000.00 
6,500.00 



50,000.00 



BOOK 
VALUE. 



10,000.00 



82,000.00 
20,000.00 
81.000.00 
47,000 00 
60,000.00 
55,000.00 
10,000 00 
25,000.00 
40,000.00 
10,000.00 
10,000.00 
50.000.00 
4,000.00 
25,000.00 



409,000.00 



8,400.00 
1,960.00 

55,000.00 



MARKET 
VALUE. 



10,000.00 



82,000.00 
20,000.00 
81.810.00 
54,990.00 
52,500.00 
55.000.00 
10,200.00 
26,500.00 
41,800.00 
10,000.00 
10,100.00 
51.500 00 
4.960 00 
81,250.00 



482,110.00 



12,860.00 
6,175.00 

57,000.00 



Digitized by LjOQQ IC 



BANX COMMISSIONED' REPORT. 



157 



MECHANICS SAVINGS BANK, HARTFORD.— Continued. 
INVESTMENTS.— Continued. 



description. 



RAILROAD BONDS. — CONTINUED. 

Chesapeake & Ohio :— 

Ashland Coal & Iron, 4s, 

Chicago, Burlington & Quincy :— 



Iowa Division, 



4s, 
5s, 
6s, 



Burlington & Mo. River, 
Chicago, Milwaukee & St. Paul 
Chicago & Lake Superior Div. , 6s, 
Chicago & Pacific " 6s, 

Dubuque . "6s, 

LaCrosse & Davenport " 5s, 
Southern Minnesota " 6s, 

Southwestern " 6s, 

Wisconsin & Minnesota " 5s, 
Milwaukee & Northern, 1st, 6s, 
" consol.,6s, 
Chicago A Northwestern :— 
Madison Extension, 7s, 

Menominee " 7s, 

Ced. Rap. & Mo. River, 8d div.,7s, 
Chic, St. P., Minn. & Omaha, 6s, 
Chicago & Toman, 6s, 

Des Moines & Minneapolis, 7s, 
Milwaukee & Madison, 6s, 

Northwestern Union, 7s, 

Ottumwa, C. Falls & St. Paul, 5s, 
Cincinnati, Hamilton & Dayton, 6s, 

7s, 

Delaware & Hudson Canal :— 

Pennsylvania Division, 7s, 

Albany & Susquehanna, 6s, 

Rensselaer & Saratoga, 7s T 

Chicago, Rock Island & Pac., 1st, 6s, 

" gen., 48, 

Burl'gtfn, C. Rap. & North 'n, 1st, 5s, 

l4 consol.,5s, 

C. Rap., la. Falls & North w'n, 5s, 

Chicago & East. Illinois, gen., 5s, 

" " consol., 6s, 

Chicago & Indiana Coal, 5s, 

Delaware, Lack. & West., consol. ,7s, 

Morris & Essex, 1st, 7s, 

N. T., Lackawanna & Western, 6s, 

EJpn, Joliet & Eastern, 5s, 

Buffalo Creek, 6s, 

Buffalo, New York & Erie, 7s, 

Goshen & Deckertown, 6s, 

Northern of New Jersey, 6s, 



1925, $ 

1919, 
1919, 
1918, 

1921, 
1910, 
1920, 
1919, 
1910, 
1909, 
1921, 
1910, 
1913, 

1911, 
1911, 
1916, 
1930, 
1905, 
1907, 
1905, 
1917, 
1919, 
1905, 
1905, 

1917, 
1906, 
1921, 
1917, 
1988, 
1906, 
1934, 
1921, 
1987, 
1934, 
1986, 
1907, 
1914, 
1921, 
1941, 

1907, 
1916, 
1928, 
1917, 



PAR 

VALUE. 



50,000.00 

22,000.00 
80,000.00 
50,000.00 

80,000.00 
52,000.00 
25,000.00 
15,000.00 
11,000.00 
15,000.00 
25,000.00 
7,000.00 
50,000.00 

25,000.00 

20,000.00 

25,000.00 

50,000.00 

5,000.00 

25,000.00 

19,000.00 

80.000.00 

9,000.00 

1,000.00 

2,000.00 

25,000.00 

2,000.00 

10,000.00 

15,000.00 

75,000.00 

30,000.00 

25,000.00 

12,000.00 

35,000.00 

52,000.00 

100,000.00 

2,000.00 

15,000.00 

5.000.00 

17,000.00 

17,000.00 
20.000.00 
85,500.00 
50,000.00 



BOOK 


MARKET 


VALUE. 


VALUE. 


50,000.00 


50,000.00 


22,000.00 


22,440 00 


80,000.00 


88.000.00 


65,000.00 


56,500.00 


80,000.00 


84,800.00 


52,000.00 


57,720.00 


28,750.00 


81,500 00 


15,750.00 


17,100.00 


11,000 00 


12,210.00 


15,000.00 


16,500.00 


26.250.00 


28,750 00 


7,000.00 


7,840.00 


50,000.00 


58,000.00 


25,000.00 


80,250.00 


20,000.00 


24,000.00 


80.000.ai 


88,000.00 


62,500.00 


64,500.00 


5,000.00 


5,200.00 


25,000.00 


26,500.00 


19,000.00 


19,760 00 


87,500.00 


89,800.00 


9,000.00 


9,270.00 


1,000.00 


1,020.00 


2,000.00 


2,040.00 


81,250.00 


84,000.00 


2,000 00 


2,140.00 


18,000.00 


14,200.00 


17,250 00 


18,450 00 


75.000.00 


78,000 00 


80,000.00 


80,900.00 


27,500 00 


29,750.00 


12,600.00 


18.680.00 


88.500.00 


41,650.00 


65,000.00 


69,160.00 


110,000.00 


116,000.00 


2,000.00 


2,160.00 


15,000.00 


19,850 00 


5,500.00 


6,400.00 


18,700.00 


20,060.00 


17,000.00 


18,190.00 


24,000.00 


25,000.00 


44,020.00 


44,875.00 


56,500.00 


58,500.00 



Digitized by 



Google 



158 



BANE OOMMISSIONEBS' EEPOET. 



MECHANICS SAVINGS BANK, HARTFORD.— Continued. 

INVESTMENTS.— Cohtinued. 



DESCRIPTION. 






PAR 


BOOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 


BAILBOAD BONDS. — CONTINUE! 


>. 








Great Northern : — 












Eastern of Minnesota, 1st div., 


5s, 


1908, $ 


60.000.00 


60.000.00 


62.400 00 


St. Paul, Minn. <fc Man., 2d " 


6s, 


1909, 


50.000.00 


50.000.00 


56,000.00 


" Dakota Ext 


,6s, 


1910, 


26,000.00 


25,000.00 


28,000.00 


** '• " Montana " 


4s. 


1937, 


50,000.00 


50,000.00 


52,500.00 


" Consol., 


4*8, 


1983, 


50.000.00 


51,000*00 


55,000.00 


<< a a a 


«B, 


1933, 


100,000.00 


126,000.00 


136,000.00 


Illinois Central :— 












Louisville Division, 


8*8, 


1958, 


25,000 00 


23,125.00 


28,750.00 


Chic, St. Louis & N. Orleans, 


5s, 


1951, 


5,000. 0Q 


5,500.00 


6.150.00 


Mich. Cen. (Kalamazoo & S. H.), 


5s, 


1939, 


18,000.00 


14,800.00 


15,340.00 


Joliet & Northern Indiana, 


7s, 


1907, 


28,000.00 


28,000.00 


30,240.00 


Minneapolis & St. Louis : — 












Iowa Division, 


7s, 


1909, 


11,000.00 


11,000.00 


12.820.00 


Pacific 


6s, 


1921, 


46,000.00 


54,280.00 


65,200.00 


Consols., 


58, 


1934, 


75,000.00 


82,500.00 


87,000.00 


Refunding, 
Minneapolis & Duluth, 


4s, 


1949, 


50,000.00 


50,000 00 


50,000.00 


7s, 


1907, 


2,700 00 


2,700 00 


2.862.00 


New York & Long Branch, 


4s, 


1941, 


50,000.00 


50,000.00 


51,000.00 


New York & New England, 


6s, 


1905, 


3,000.00 


3,000.00 


3,000.00 


Northern Pacific :— 












Western of Minnesota, 


7s, 


1907, 


11,000.00 


11,000.00 


11,440.00 


Pennsylvania Company : — 












Ashtabula & Pittsburg, 


6s, 


1908, 


24,000.00 


24,000.00 


25,200.00 


Terre Haute & Indianapolis, 


5s, 


1925, 


50,000.00 


51,500.00 


53,500.00 


Peoria & Pekin Union, 


6s, 


1921, 


50,000.00 


59,000.00 


60,000.00 


Pittsburg & Lake Erie :— 












McKeesport & Belle Vernon, 


6s, 


1918, 


10,000.00 


11,500.00 


11,700.00 


Pitts., McKeesport & Yough'y 


, 6s, 


1932, 


25,000.00 


29,500.00 


31,750.00 


Western Maryland :— 
Baltimore & Cum.' Val. Ext'n, 












6s, 


1921, 


50,000.00 


62,500.00 


63,500.00 


Baltimore & Harrisburg, 


68, 


1936, 


100,000.00 


110,000.00 


114,000.00 


West Va. Central & Pittsburg :- 












Piedmont & Cumberland, 


5s, 


1911, 
$ 


41,000.00 


41,000.00 
2,885,325.00 


43,050.00 


Totals, .... 


2,208,700.00 


2,589,602.00 


BANK STOCKS. 












150 shares iEtna National 


, Hartford, $ 


15.000.00 


15,000.00 


30,000.00 


400 


" American •' 




< 


20,000.00 


20,000,00 


27,600.00 


100 


" Charter Oak " 




* 


10,000.00 


10,000.00 


12,000 00 


100 


lt Farms. &Mechs. " 




* 


10.000.00 


10,000 00 


11,700.00 


800 


1 First 




* 


30,000.00 


80,000 00 


42,000.00 


100 


• Hartford 




* 


10,000.00 


10,000.00 


13,300.00 


100 


* Mercantile " (in 


liq.) 


t 


900.00 


1.00 


1.00 


120 


1 City, 




t 


12,000.00 


• 12,000.00 


10,200.00 


100 


• Hartford Trust Co., 




* 


10,000.00 


10.000.00 


18,000.00 


100 


' Deep River Nat'l, Deep I 


tiver, 


10,000.00 


10,000.00 


10,600.00 



Digitized by 



Google 



BANK COMMISaiONEBS EEPOET. 



169 



MECHANICS SAVINGS BANK, HARTFORD.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 


PAR 


BOOK 


MARKET 




VALUE. 


VALUE. 


VALUE. 


BANK STOCKS. — CONTINUED. 








67 shares Home National, Meriden, $ 


6,700.00 


6,700.00 


9,813.00 


25 " Second " New Haven, 


2,500.00 


2,500.00 


4.900 00 


60 " First " Norwich, 


6,000.00 


6,000.00 


4,200.00 


25 " First " Suffleld, 


2,500 00 


2,500.00 


4,000.00 


280 " Mechanics " New York, 


5,750 00 


5,750.00 


14,950.00 


75 " Nat. Bk. Commerce, 


7,500.00 


7,500.00 


16,125.00 


708 " Phenix National, 


14,160.00 


14.160.00 


14,160.00 


50 " Nassau, 


2,500.00 


2,500.00 


4,650.00 


Totals $ 


175,510.00 


174,611.00 


247,699.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1.000 11,479; total amount, $2,486,713.99 

2 Number of depositors having $1,000 and 

nut over $2,000, 1,274; total amount, 1,700,557.85 

3 Number of depositors having over $2,000 

and not over $10,000 568; total amount, 1,978,156.47 

4 Number of depositors having over $10,000, 0; total amount, 

5 
6 

7 



13,321; total deposits, $6,165,428.81 
10,000.00 



Total number of depositors, 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 1,256; num- 
ber closed, 1,866; decrease, 110. 

8 Amount deposited, including interest credited, during the past 

year 

9 Amount withdrawn during the past year, 

10 Amount of increase 

11 Total of interest and profit and loss and rent 

accounts per last report, 

12 Amount of income received during the year, 

13 Total expenses including salaries during the year, 

14 State tax during the year 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 Dividends, 1J per cent, paid Jan. 1, 1904; amount, 

If per cent, paid July 1, 1904; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, .... 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past 

year, 

28* Loans on real estate — are they all first mortgages ? 



Digitized by 



320,104.85 

220,564.09 

99,540.76 



$126,153.98 

317,798.27— 

17,416.00 

11,457.08 

2,998.99 

60,186.75 



101,443.62 

102.H99.86 

12,253.26 

135,796.69— 



448,952.25 



443,952.25 


19,859.00 
Yes 

Google 



160 BANK COMMISSIONED' REPORT. 



MECHANICS SAVINGS BANK, HARTFORD.— Continued. 

MISCELLANEOUS ITEMS.- Cow-totted. 

24 Largest amount loaned on mortgage to any one indiridual, firm, 

company, society, or corporation 140,000.00 

86 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, , 40,000.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 2£ 

28 Net income from foreclosed real estate during the past year, . 8,445.85 

29 Date of annual meeting of Incorporators to elect Trustees, in 

July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, in July. 

Officers.— President, Henry C. Dwight; Treasurer, Ward W. Jacobs; 
Trustees, Ward W. Jacobs, Charles L. Lincoln, George A. Fairfield, John G. Root, 
John M. Holcombe, Henry C. Dwight, Frederick H. Foster. William B. Clark, 
James B. Moore, James H. Knight, Lester L. Ens worth, Frank C. Sumner, Edwin 
P. Taylor, James D. Taintor, William H. King, Frank P. Furlong, Henry 8. Rob- 
inson, William E. A. Bulkeley. 



Digitized by LjOOQIC 



BANK COMMISSIONERS* REPORT. 



161 



MECHANICS SAVINGS BANK, WINSTED. 

Lyman R. Norton, Treasurer. Incorporated, 1875. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $681,828.50 

Loans on collateral security, 47,994.70 
Loads on personal security 

only, .... 178,470.50 
Town, city, and borough 

notes and orders, . 16,000.00 
School district notes and 

orders 1,800.00 

Town, city, school district, 

and corporation bonds, . 48.000.00 

Railroad bonds, . . 457,000 00 

Bank stocks in Connecticut, 96. 150.00 

Bank stocks in other states, 8,000.00 

Premium account, 86,886.00 

Cash in banks, . 17,098.06 

Cash in vault, . 4,829.88 



Total Assets, 



$1,689,507.59 



LIABILITIES. 

Whole amount of deposits, $1,540,494.44 

Surplus account, 55,000.00 
Interest account, less cur- 
rent expenses, and taxes 

paid, .... 41,267.50 

Profit and loss account, 1,745.65 

Incomplete loans, . 1,000.00 



Total Liabilities, . $1,689,507.59 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Harlland 

Winchester 

New Hartford 

Barkhamsted 



Totals, 



SCHOOL DISTRICT NOTES AND ORDERS. 

First, Winchester, $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

South Norwalk, 4s, 1910, $ 

8K 500 yearly, 



Barkhamsted, 
Denver, Col., 
Duluth, Minn., 
Superior, Wis., 



4s, 

4s, 

«8, 



1908, 
1921, 
1910, 



Totals, 



PAR 
VALUE. 



1,500.00 
9,000.00 
2,500.00 
8,000.00 



16,000.00 



1,800.00 



9,000.00 
20,000.00 
5,000.00 
5,000.00 
4,000.00 



BOOK 
VALUE. 



1,500.00 

9,000.00 
2,500.00 
8,000.00 



16,000.00 



1,800.00 



9,000 00 
20,000.00 
5,000 00 
5,000 00 
4,000.00 



MARKET 
VALUE. 



1,500.00 

9,000.00 
2,500.00 
8,000.00 



16,000.00 



1,800.00 



9,000.00 
20,000.00 
5,000.00 
5,000.00 
4,000.00 



$ 48,000.00 48,000.00 48,000.00 
Digitized by LjOOSlC 



>g l 



162 



BANK COMMISSIONERS BEPOBT. 



MECHANICS SAVINGS BANK, WINSTED.— Continued. 

INVESTMENTS. — Cohtihdbd. 









PAR 


BOOK 


MARKET 





DESCRIPTION. 






VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. 












Chicago, Milwaukee & St. Paul:- 












Dubuque Division, 


6s, 


1020, $ 


18,000.00 


13,000 00 


16,000.00 


LaCrosse & Davenport, 


5s, 


1919, 


5,000.00 


5,000.00 


5,600.00 


Chicago, Bur. & Quincy, Neb. Ex., 4s, 


1927, 


20,000 00 


20,000.00 


20.400.00 


Chicago, Rock Island & Pacific, 


4b, 


1988, 


50,000.00 


50,000.00 


50,000.00 


Ottumwa, Cedar Falls & St. Paul 


, 5s, 


1909, 


13,000.00 


13,000.00 


13,500.00 


Buffalo, New York & Erie, 


7s, 


1916, 


5,000.00 


5,000.00 


6,400.00 


Bald Eagle Valley, 


6s, 


1910, 


.1,000.00 


1.000.00 


1,050.00 


New York, Lackawanna & Western, 6s, 


1921, 


5,000.00 


5,000.00 


6,400.00 


Housatonic, 


5s, 


1937, 


10,000.00 


10,000 00 


12,500.00 


St. Paul, Minneapolis & Manitoba, 6s, 


1909, 


5,000.00 


5,000 00 


5.600 00 


Consols, 


6b, 


1933, 


20,000.00 


20,0(K) 00 


26,000.00 


Dak. Ex., 


6s, 


1910, 


37,000.00 


87,000.00 


41.500 00 


Illinois Central, Springfield Div., 


3is, 


1951, 


25,000 00 


25,000 00 


25,000.00 


41 " Western Lines, 


4s, 


1951, 


12,000.00 


12,000.00 


12,500.00 


Central of New Jersey, 


5s, 


1987, 


25,000 00 


25,000 00 


83,000.00 


New York & Long Branch, 


4s, 


1941, 


31,000.00 


31.000 00 


32.500.00 


Minneapolis & St. Louis, 


4s, 


1949, 


50.000.00 


50,000 00 


50,000.00 


Chicago & Eastern Illinois, 


5s, 


1937, 


35,000.00 


35,000 0o 


40.000 00 


Montana Central, 


6s, 


1937, 


10,000.00 


10.000.00 


18,000.00 


Genesee & Wyoming, 
Elgin, Joliet & Eastern, 


6s, 


1929, 


25,000.00 


25.000.00 


27,000.00 


5s, 


1941, 


50,000.00 


50,000.00 


58,000.00 


Terminal of St. Louis, 


4s, 


1958, 


10,000.00 


10,000.00 


10,000.00 


Totals, .... 


457,000.00 


457,000.00 


505,950.00 


BANK STOCKS. 












188 shares First Nat., 


Winsted, . $ 


18,800.00 


18,800.00 


19.7ii0.00 


128 ' 


' Hurlbut 


M 




12,800 00 


12,800.00 


21,700 00 


25 ' 


' Hartford 


Hartford, . 


2,500 00 


2,500.00 


3,500.00 


22 ' 


1 Phoenix " 


if 




2,200 00 


2,200.00 


2,700.00 


14 • 


' American •' 


i« 




700.00 


700.00 


1,000.00 


50 ' 


' Mercantile " 


41 


inliq., 


400 00 








60 ' 


* JErna 


it 




5,000.00 


5,000.00 


10.000.00 


73 ' 


' Conn. T. & 8. D. Co., 


<< 




7.3<»0.00 


7,300 00 


16,400.00 


25 • 


• Hartford Trust Co., 


" 




2,500.00 


2,500 00 


6,000.00 


87 ' 


' Second Nat. 


New Haven, 


8,700.00 


8,700.00 


6.500 00 


20 * 


1 Tradesmen's " 


<« 




2,000.00 


2,000.00 


3.000.00 


10 ' 


' Yale 


tt 




1,000.00 


1,000.00 


1,200.00 


70 ' 


1 Merchants " 


*< 




3,500.00 


8,500.00 


4,000.00 


84 - 


' First 


Bridgeport, 


8.400.00 


8,400.00 


16000.00 


22 • 


* City 


«« 




2,200.00 


2.200.00 


4.400.00 


84 ' 


' Waterbury " 


Waterbury, 


1,700 00 


1,700.00 


2,800 00 


28 ' 


• Citizens 


«c 




2,800.00 


2,800 00 


3,800.00 


6 « 


1 Danbury " 


Danbury, . 


600.00 


600.00 


600.00 


80 ' 


* City 


*t 




3,000.00 


3,000 00 


8,000 00 


85 ' 


* Birmingham " 


Derby, 


8,500.00 


3,500.00 


5.600.00 


10 ' 


' First 


Stamford. . 


1,000.00 


1,000.00 


2,300.00 



Digitized by 



Google 



BANK COMMISSIONERS' REPORT. 



168 



MECHANICS SAVINGS BANK, WINSTED.— Continued. 



INVESTMENTS. — Continued. 



description. 



BANK STOCKS. — CONTINUED. 



58 shares New Britain Nat., 

10 " Bristol 

22 " Central 

20 " Home 

25 " First 

50 " American Exchange, 

80 '* Commerce Nat., 



New Britain, $ 

Bristol, 

Middletown 

Meriden, 

Wallingford 

New York, 



Totals 



PAR 


BOOK 


VALUE. 


VALUE. 


5,800.00 


5,800.00 


1,000.00 


1.000.00 


1,650.00 


1,650.00 


2,000 00 


2,000.00 


2.500.00 


2,500.00 


6.000 00 


5.000.00 


8,000.00 


8,000.00 
106,150.00 


106,150.00 



MARKET 
VALUE. 



10,000.00 

1,800.00 
1,850.00 
2,500.00 
8,000.00 
42,200.00 
6,400.00 



MISCELLANEOUS ITEMS. 



Number of depositors having less than 
$1.000, i 

Number of depositors having $1,000 and 
not over $2,000, 

Number of depositors having over $2,000 
and not over $10,000 

Number of depositors having over $10,000, 



,889; total amount, 

895; total amount, 

119; total amount, 
0; total amount, 



$689,008.02 

582,238.81 

819,252.61 




3,353; total deposits, $1,540,494.44 
7,249.14 



5 Total number of depositors, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 455; number 
closed, 295; increase, 160. 

Amount deposited, including interest credited, during the past 

year 

Amount withdrawn during the past year, 

Amount of increase, 

Total of interest and profit and loss and rent 

accounts per last report 

Amount of income received during the year, 
Total expenses including salaries during the year, 

State tax during the year 

Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
AH other amounts charged off, .... 
18 'Dividends, 2 per cent, paid Jan., 1904; amount, 
2 per cent, paid July, 1904; amount, 
Net amount carried to surplus, .... 
Total of interest and profit and loss and rent 

accounts per this report, .... 
Amount of past-due paper at this time is 
Amount of assets yielding no income the past year, . 
Loans on real estate — are they all first mortgages ? . 
Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 



8 

9 
10 
11 

12 
13 
14 
15 
16 
17 



19 
20 

21 



24 



$86,993 48 

79,203.28— 

3,068.27 

3,127.47 

71.30 

4.847.50 

1,740 24 

28.239.49 

29,089.34 

8,000.00 

43,013.15— 



339,042.54 

252,702.55 

86,339.99 



116,196.76 



•51 per cent per annum on excess of $8,000. 



Digitized by 



116,196.76 



4,000.00 

Yes 

18,500.00 



Google 



S l 



164 



MECHANICS SAVINGS BANK, WINSTED.— Continued. 

MISCELLANEOUS ITEMS. — Continued. 

25 Largest amount of. personal loan to any one individual, firm, 

company, society, or corporation, $80,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 8,400.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, . 4,476.11 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Wednesday iii July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, second Wednesday in July. 

Officers. — President, Charles B. Hallett; Treasurer, Lyman R. Norton: 
Directors or Trustees, Charles B. Hallett, Harvey L. Roberts, Luman C. Colt, 
Lorenzo M. Blake, Charles S. Jopp, William S. Hulbert. 



Digitized by LjOOQIC 



BANK COMMISSIONERS' BEPOBT. 



165 



MECHANICS AND FARMERS SAYINGS BANE OF 
BRIDGEPORT. 

L. 8. CiTUir, Treasurer. Ihoorfoiuted, 1871. 

STATEMENT, OCTOBER 1, 1904. 



A88BTS. 




LIABILITIES. 


Loans on real estate, . $1,285,769.48 


Whole amount of deposits, $8,175,452.20 


Loans on collateral security, 


90,400.00 


Surplus account, . 79,364.51 


Town, cit y, school district, 




Interest account, less cur- 


and corporation bonds, . 


726,050.00 


rent expenses, and taxes 


Railroad bonds, 


868.000.00 


paid 50,884.57 


Bank stocks in Connecticut, 


194,850.00 


Due borrowers on real es- 


Real estate by foreclosure, 


28,675 00 


tate loans, . 17,958.68 


Banking bouse, 


80,000 00 




Btate warrants, . 


10,000.00 




Safe, furniture, and fix- 






tures, .... 


8,000.00 




Cash in banks, . 


79.686.65 




Cash in vault, . 


7,278.78 
3,828,159.91 




Total Assets, . . fl 


Total Liabilities, . $8,828,159.91 





INVESTMENTS 


• 










PAR 


BOOK 


MARKET 


DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 


STATE 


WARRANTS. 








Colorado, 


$ 


10,000.00 


10,000.00 


10,000.00 


TOWN, CITY, SCHOOL DISTRICT AND CORP. BONDS 








Atlantic City, N. J., 
Bay City, Mich., 


4s, 1930, $ 


10,000.00 


10,700.00 


10,700.00 


4s, 1909, 


2,000 00 


2,000.00 


2,040.00 


Camden, N. J., 


4*s, 1922-1923, 


25,000.00 


27,200.00 


28,750.00 


Canton, Ohio, 


4*8. 1911-1914, 


24,000.00 


25,900.00 


25,900.00 


«• 


8*8, 1914, 


11,500.00 


11,500.00 


11,500 00 


Chicago, 111., 


4s, 1921, 


10,000.00 


10.000.00 


10.500.00 


Clinton, Iowa, 


5s, 1909-1923, 


10,000.00 


10.000.00 


10,300.00 


Columbus, Ohio, 


4s, 1916-1922, 


21.000.00 


21,600.00 


21.900 00 


n 


8*s, 1922, 


10,000.00 


10,000.00 


10.000 00 


Dubuque, la., 


4*s, , 


19,000 00 


19.600 00 


19.80o.00 


Duluth, Minn., 


6s, 1911, 


5,000.00 


5,600 00 


6,700.00 


Etstnn, Conn., 


8*8, 1989, 


10,000.00 


10,000.00 


10.000 00 


Pindlay, O., 


6s, 1907, 


6.000 00 


5,200.00 


6,300.00 


«« 


5s, 1908, 


5,000.00 


5,200.00 


5.200.00 


Greenwich, Conn., 


4s, 1915, 


5,000.00 


5,000.00 


5,800.00 


Huntington, " 


4s, 1917, 


5,000.00 


6,000.00 


5.300.00 


Joilet. HI., 


4*s, 1910, 


5,000.00 


5,000.00 


5,200.00 


Killingly, Conn., 


8*s, 1920, 


10,000.00 


10.000.00 


10,000 00 


Lal'ro*8e, Wis., 


5s, 1915, 


5,000 00 


5,000.00 


5.200.00 


Lima. O., 


5s, 1908, 


10,000.00 


10.500.00 


10,500.00 


Louisville, Ey., 


5s, 1911, 


10,000.00 


10,900.00 


10,900.00 



Digitized by 



Google 



166 



BA2TC COMMISSIONERS' REPORT. 



MECHANICS AND FARMERS SAVINGS BANK OP 
BRIDG EPORT.— Continued. 



INVESTMENTS.— Continued. 









PAR 


BOOK 


MARKET 


DESCRIPTION 


r. 
















VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, 


AND CORP. BONDS. 




— CONTINUED. 










Louisville, Ky., 


4s, 


1930, $ 


5,000.00 


5,000.00 


5,850.00 


Minneapolis, Minn., 
Milwaukee, Wis., 


ttyB, 


1982, 


10,000.00 


10,000.00 


10.100.00 


5s, 


1906-1915, 


10.000.00 


11,000.00 


11,000.00 


Muskegon, Mich., 


4s, 


1934. 


25,000.00 


26.100.00 


26,500 00 


Omaha, Neb., 


5s, 


1912-1913, 


8,000.00 


8,100.00 


3,200.00 


i« 


4*8, 


1933, 


80,000.00 


32,600 00 


32,700.00 


n 


4s, 


1918-1938, 


55,000.00 


59,000.00 


69.000.00 


Paducah, Ky., 


4s, 


1920, 


4,000.00 


4.000.00 


4,160.00 


Pateraon, N. J., 


4s, 


1915-1939, 


50,000.00 


52,400.00 


52.600.00 


Portland, Ore., 


6s, 


1908, 


7,048.61 


7,700.00 


7,800.00 


a 


5s, 


1928, 


25,000.00 


31,000.00 


81,000.00 


Ridgefield, Conn., 


4s, 


1932, 


10.000.00 


10,000 00 


10,600.00 


Sioux City, la., 


4*8, 


1916-1918, 


30.000.00 


81,000.00 


31,200.00 


South Omaha, Neb., 


5s, 


1921, 


15,000.00 


15,400.00 


15,900.00 


Stonington, Conn., 


4s, 


1918, 


9,500.00 


10,000.00 


10.000.00 


Superior, Wis., 
Toledo, Ohio, 


6s, 


1910, 


86,500.00 


36,500.00 


86.500.00 


4*s, 


1909-1914, 


5,000.00 


5,200.00 


5,350.00 


t* 

• 


8*8, 


1921-1930, 


44,000.00 


44.000.00 


44,000.00 


Topeka, Kan., 


5s, 


1913, 


20,000.00 


20,600.00 


21,600.00 


Wallingford, Conn., 


4s, 


1928, 


5,000.00 


5.200 00 


5,300 00 


Waterbury, «« 
Winona, Minn., 


8*8, 


1911-1923, 


40.000.00 


40,000.00 


40,000.00 


3*s, 


1916-1924, 


5,000.00 


5,850.00 


5.850.00 


" 


4s, 


1938, 


5,000.00 


5,000.00 


5.000 00 


Fairfield County, Conn., 


4s, 


1909, 


30,000.00 


30,000.00 


30,000.00 


Totals 


696,548.61 


726,050.00 


734,100.00 


RAILROAD BONDS. 










Atch., Topeka & Santa Fe, 


4s, 


1995, $ 


15,500.00 


12,400.00 


15,800.00 


Baltimore & Cumberland Ex., 


6s, 


1931, 


50,000.00 


66,800.00 


66.900.00 


Baltimore & Harrtsburg, 


5s, 


1936, 


80,000.00 


36,000.00 


86,000.00 


Brooklyn & Montauk, 


6s, 


1911, 


20,000.00 


22,800.00 


22.800.00 


Buffalo & Susquehanna, 


4s, 


1951, 


20,000.00 


19,700.00 


19,900.00 


Chicago & Alton, 


3s, 


1949, 


10,000.00 


8,500.00 


8,500.00 


Chicogo & Eastern Illinois, 


5s, 


1937, 


40,000.00 


46,500.00 


48,000.00 


Chicago, Mil. & St. Paul: — 












Pacific Western Division, 


5s, 


1921, 


40,000.00 


44.400 00 


46,700.00 


Mineral Point " 


5s, 


1910, 


15,000.00 


15,400.00 


16,500.00 


Wis. & Minn. 


5s, 


1921, 


2,000.00 


2,800.00 


2,450.00 


Chic, Mil. & St. Paul, 


8*8, 


1989, 


20,000.00 


19,900.00 


19,000.00 


Chic, Rock Island & Pacific, 


4s, 


1988, 


40,000.00 


41,800.00 


41.900.00 


Clearfield & Mahoning, 


58, 


1943, 


30,000.00 


86,000.00 


86,600 00 


Eastern Minnesota, 


4s, 


1948, 


30,000.00 


81.600.00 


31,700.00 


Elgin, Joliet & Eastern, 


5s, 


1941, 


10,000.00 


11,800.00 


11.600.00 


Klmira State Line, 


7s, 


1905, 


5,000.00 

c 


5,000.00 

igitized by VJJ 


5,150.00 
OOQk 



BANK COMMISSIONERS' REPORT. 



167 



MECHANICS AND FARMERS SAVINGS BANK OP 
BRIDGEPORT.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 




PAR 


BOOK 


MARKET 









VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. — CONTINUED. 








Evansville & Terre Haute:— 












Mt. Vernon Division, 


6s, 


1928, % 


15,000 00 


15,000.00 


16,200.00 


Sullivan County " 


5b, 


1929, 


27.000.00 


27,000.00 


28,000.00 


Genesee & Wyoming, 


5s, 


1929, 


55,000.00 


61,000 00 


63,250.00 


Iowa Falls & Sioux City, 


7s, 


1917, 


5.000.00 


6,200.00 


6,500.00 


Long L»land. 

Mcfeesport & Belle Vernon, 


4s, 

«8, 


1982, 
1918, 


15,000 00 
16,000.00 


15,000.00 
19,900.00 


15,450.00 
20,000.00 


M., L. 8. & W., Ashland Div 


.,6s, 


1925, 


1,000.00 


1,200.00 


1,270.00 


Montana Central, 


5s, 


1937, 


10,000 00 


11.600 00 


11,800.00 


Newcastle & Shenango Valley, 6s, 


1917, 


5,000.00 


6,000.00 


6,000.00 


N. Y., N. H. & Hartford, 


4s, 


1914-1954, 


35,000.00 


86,100 00 


36.750.00 


Northern New Jersey, 


6s, 


1917, 


16,000.00 


19,400.00 


19,400.00 


Peoria & Pekin Union, 


68, 


1921, 


10.000.00 


12,500.00 


12,500.00 


Potomac Valley, 


5s, 


1941, 


50,000.00 


59,200 00 


59,400.00 


Sharon, 


4is 


1919, 


10,000.00 


10,000.00 


10,500.00 


8kanea teles, 


5s, 


1908-1913, 


15,000.00 


16,000.00 


16,100.00 


St. Louis & Iron Mountain, 


4s, 


1933, 


15,000 00 


13,700.00 


14.400.00 


St. Paul, Minn. & Manitoba, 


6s, 


1910, 


10,000.00 


11,300.00 


11,300.00 


«< «« 


4*8 


, 1933, 


80,000.00 


34,000.00 


34.000.00 


i« a 


4s, 


1937, 


30,000 00 


30,400.00 


80,600.00 


Sunb'y, Hazelton & Wilbarre, 5s, 


1928, 


6.500.00 


6,500.00 


6,600.00 


Tuscorora Valley, 


5s, 


1917, 


18,000 00 


18,000.00 


18,900.00 


Willmar & Sioux Falls, 


5s, 


1938, 


15,000.00 


17,600.00 


17,800.00 


Totals 


787,000.00 


868,000.00 


887,120.00 


BANK STOCKS. 










50 shares American National, 


Hartford, $ 


2,500.00 


3,600,00 


3,700.00 


68 " Birmingham • 






6,800.00 


11,400.00 


11,900.00 


200 " Bridgeport 




Bridgeport, 


10,000.00 


17,100.00 


19,000 00 


300 " City 




n 


80,000.00 


44,800.00 


48,000.00 


25 " City, 




Hartford, 


2,500.00 


2,000.00 


2,500.00 


225 ■■ Connecticut 




Bridgeport, 


22,500.00 


33,700.00 


34,875.00 


10 " Deep River 




Essex, 


1,000.00 


1,100 00 


1,150.00 


50 " Exchange ' 




Hartford, 


2,500.00 


3,000.00 


8,125 00 


114 " First 




Bridgeport, 


11,400.00 


20,000 00 


21,600.00 


26 " First 




Westport, 


2,600.00 


2,600.00 


3,120.00 


65 " Hartford 




Hartford, 


6,500.00 


8,900.00 


9,100.00 


30 " Merchants 




New Haven, 


1,500.00 


1,600.00 


1,950.00 


500 " New Haven Co. ' 




a 


5,000.00 


8,000.00 


8,100.00 


73 " Pequonnock • 




Bridgeport, 


7,300 00 


8,950.00 


11.100 00 


12 " Southington 






1,200.00 


1.200.00 


1,820.00 


61 " Thames . ' 




Norwich, 


6,100.00 


9,500.00 


9,760.00 


200 •• Waterbury 






10,000.00 


16,210.00 


16,810.00 


6 •• Yale 




New Haven, 


600.00 


700.00 


17,000.00 


Totals, .... 


130,000.00 


194,350.00 


207,890.00 



Digitized by LjOOQ IC 



168 



BANK COMMISSIONEBS' REPORT. 



MECHANICS AND FARMERS SAVINGS BANK OF 
BRIDGEPORT.— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors haying less than 

$1,000, ...... 8,653; total amount, $1,497,707.47 

2 Number of depositors having $1,000 and 

not over $2,000, ..... 787; total amount, 071,440.68 
8 Number of depositors having over $2,000 

and not over $10,000, .... 287; total amount, 706,214.20 

4 Number of depositors having over $10,000, 0; total amount, 



27 

28 
29 

80 



6 Total number of depositors, . . 9,527; total deposits, 
- 6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 2,277; num- 

ber closed, 1,614: increase, 668. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year, . 

10 Amount of increase, 

11 Total of interest and profit and loss, and rent ac 

• counts per last report, .... 

12 Amount of income received during the year, 
18 Total expenses, including salaries, during the 

year, 

14 State tax during the year, .... 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 Dividends: If per ct. paid Jan. 1, 1904; amount, 

If per ct. paid July 1, 1904; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, .... 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, . 

23 Loans on real estate — are they all first mortgages ? . 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the 



$8,175,452.20 
7.701.78 



1,166,956.29 
989,749 69 
167,206.60 



$48,341.66 
140,953.50— 

9.544.00 

6,501.97 

718.59 

4,825.16 

7,598.87 

50,150.84 

51,841.98 

7,729.68 

50,884.57— 



past year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, . 

Date of annual meeting of Incorporators to elect Trustees or 

Directors, month or July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, month of July. 



189,295.16 



189,296.16 



46,500.00 

Yea 

84,600.00 



22,100.00 

.027 
658.40 



Officers. — President, John L. Weasels ; Vice-Presidents, M. E. Morris, F. 
B. Hall ; Treasurer, L. 8. Catlin; Directors or Trustees, 8. C. Kingman, Geo. W. 
Peck, Andrew J. Smith, D. N. Morgan, J. W. Knowltoh. L. 8. Catlin, Chauncey 
Morton, Morris W. Seymour, L. F. Curtis, George H. Zink, Andrew B. Curtis, 
Edwin G. San ford, David B. Booth, George W. Fairchild, Goodwjn Stoddard, 
Wm. L. Savage, Joel Farist. 



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BANK COMMISSIONERS' BEPOBT. 



169 



MERIDEN SAVINGS BANK. 



W H. Catlin, Treasurer. 



Incorporated, 1851. 



STATEMENT, OCTOBER 1, 1904. 



A88ET8. 

Loans on real estate, . $1,183,848.00 

Loans on collateral sec'ty, 21,614.50 
Town, city, and borough 

notes and orders. . 15,000.00 
School district notes and 

orders 7,000 00 

Town, city, school district, 

and corporation bonds, . 799,866.00 

Railroad bonds, . 3,024,912.95 

Railroad stocks, 23,500 00 

Bank stocks in Connecticut, 126,550.00 

Bank stocks in other states, 1,5M).00 

Real estate by foreclosure, 27.485.35 

Banking house, 34,603. 1 2 

Suspense account, 371.88 

Cash in banks, . 38,979.44 

Cash in vault, . 4,661.17 



Total Assets, 



$5,259,437.41 



LIABILITIES. 

Whole amount of deposits, $4,982,905.55 

Surplusaccount, 150,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid 51,531.86 

Profit and loss account, . 75,000.00 



Total Liabilities, 



$5,259,437.41 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS, 

City of Meriden $ 

SCHOOL DISTRICT NOTES AND ORDERS. 

Central School District, Wallingford, . 

RAILROAD STOCKS. 

New York, New Haven & Hartford, . 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

Greenwich, C'nn., Town, 4s, 1915, { 

Meriden, * " 4s, 1908-9-10-11 

Middletown, " " 8.65s, 1909, 

" 3*8, 1924, 

Wallingford, " " 4s, 1904-14, 

" Bor'gh, 4s, 1928, 

Wiodsor Locks, 11 •' 4s, 1922, 

AUantic City, N. J., City, 4s, 1930, 

Bay City, Mich., " 4s, 1931, 

Canton, Ohio, "'4*8, 1912, 

" 5s, 1928, 

Bakk— 12 



PAR 

VALUE. 



15,000.00 



BOOK 
VALUE. 



7,000.00 7,000.00 



22,000.00 



10,000.00 

20,000.00 

25,000.00 

5,000.00 

5,000.00 

15,000 0o 

10,000.00 

5,000.00 

10,000.00 

10,000.00 

25,000.00 



15,000.00 15,000.00 



23,500.00 



10,000.00 

20.000.00 

25,000.00 

5,000.00 

5,000.00 

15,000.00 

10,000 00 

5.000.00 

10.000.00 

10 000.00 

28,900.00 



MARKET 
VALUE. 



7,000.00 



42,460.00 



10,450.00 

20,200.00 

25,500.00 

5,000.00 

5,100.00 

15525.00 

10,650.00 

5,250.00 

10,300.00 

10,500.00 

29,625.00 



Digitized by 



Google 



170 



BANK COMMISSIONED BEPOBT. 



MERIDEN SAVINGS BANK. — Continued. 
INVESTMENTS. — Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DI8TRICT, AND CORPORA- 
TION BONDS. — CONTINUED. 

Cleveland, Ohio, City, 4s, 1925, \ 

~ " 4s, 1911-16, 

4s, 1918-18, 

4s, 1918, 




Colorado Sp'gs, Col., 
<< 

«< 
Ohio, 



Columbus, 



Dubuque, 
Duluth, 

Fort Wayne, 
Hoboken, 
Kansas City, 
Lexington, 
Lima, 



Iowa, •' 
Minn., " 

Ind., " 
N. J., " 
Kans., •' 
Ky., •• 
Ohio, " 



Los Angeles, Cal., 



Louisville, 
Meriden, 



Ky., " 
Conn., " 



Minneapolis, Minn,, " 



New Albany, 

Newark, 

Omaha, 



Ind., " 
N. J., " 
Neb., " 



Paterson, 



Pawtucket, 
Portland, 



N. J., 



R.I., 
Ore., 



Pueblo, 

St. Paul, 

Sioux City ~~« 

South Bend, Ind., 

Toledo, Ohio, 



Col., 
if 

Minn., 
Iowa, 



4s, 19o9, 

5s, 1910, 

4s, 1938, 

4s, 1917, 

5s, 1923, 

5s, 1926, 

6s, 1914, 

4s, 1918, 

5s, 1928, 

4*8, 1920, 

4s, 1914, 

4s, 1915. 

5*s, 1906-7-8-9, 

4s, 1916, 

4s, 1930, 

4s, 1911, 

4s, 1911-18, 

4*8, 1921, 

4s, 1922, 

5s, 1915, 

6s, 1908, 

5s, 1906. 

4*8, 1907, 

5s, 1909, 

5s, 1912, 

4Js, 1917, 

4s, 1918, 

4*8, 1924, 

4*s, 1924, 

4s, 1933, 

4*s, 1934, 

4*s, 1905, 

4*s, 1907, 

5s, 1915, 

4s, 1937, 

6s, 1921, 

5s, 1922, 

5s, 1923, 

5s, 1925, 

4*s, 1918, 

5a, 1918, 

4s, 1919, 

4*8, 1920, 

5s, 1913, 

4*8, 1918, 



15,000 00 

5,000 00 

25,000 (X 

10,000.00 

10,000.00 

12.000 00 

5.000 00 

25,000 00 

10.000.00 

10,000.00 

10,000.00 

10,000 00 

21,000.00 

20.000 00 

10,000.00 

10,000.00 

10,000 00 

5,000.0o 

10,000 00 

1,000.00 

25,000 00 

10,000 00 

10,000.00 

20.0O0.0* 

2.000.00 

4,000.00 

10,000.00 

7 000.00 

10,000.00 

10,000 00 

20,000.00 

10,000.01' 

10,000.00 

10,000 00 

10,000.00 

5,000.00 

5,000.00 

5.000.00 

25.000.00 

10.000.00 

2,000 00 

10,000.00 

10,000.00 

5,000.00 

10,000.00 

10,000.00 

20,000.00 

5,000 00 

4,000.00 



BOOK 
VALUK. 



15,750.00 

5,000.00 

24.765 00 

10 000.00 

10 000.00 

12,000.00 

5,000.00 

25.000.00 

10,000.00 

10.000.00 

10,000.00 

10,000.00 

21,000.00 

20,000. (M 

10,000.00 

10.000 00 

10,000.00 

5,000 00 

10,000.00 

1,000.00 

25,000 0» 

10.000 00 

10 000 00 

20,000.00 

2,000 00 

4,000.00 

10.000.00 

7,000.00 

.10,0*000 

10,000.00 

20,000.00 

10,684.01 

10.084.00 

10,000.00 

10.000.00 

5.000.00 

5,0Oo.OO 

5.000.00 

25,000.00 

12,383 00 

2,000.00 

10000.00 

10,000.00 

5,000.00 

10,000.00 

10,000 00 

20,000 00 

5,000.00 

4,000.00 



MARKET 
VALUE. 



15,750.00 

5,000.00 
25,000.00 
10,000.00 
10,100.00 
12.000.00 

5,175.00 
25,625.00 
11,500.00 
11,600.00 
11.800.00 
10.200 00 
24,150.00 
21.600.00 
10.200.00 
10,200.00 
10,225.00 

5,050.00 
10.300.00 

1,020.00 
25,500.00 
10.950.00 
10.325.00 
22,100.00 

2.180 00 

4,080.00 
10,150.00 

7,280.00 
10,750 00 
10,600.00 
20.200.00 
10,800.00 
10,800.00 
10.150 00 
11,000.00 

5,00o.00 

5.10O.00 

5,600.00 
26,875.00 
12.550.00 

2,290.00 
11,475.00 
11,500.00 

5.8o0.00 
11.300.00 
10.200 00 
20,900.00 

5,450.00 

4,260.00 



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BANK OOMMISSIONEBS' EEPOBT. 



171 



MERIDEN SAVINGS BANK.— Continued. 

INVESTMENTS. —Continued. 



description;. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. — CONTINUED. 



Toledo, 



Trenton, 



Ohio, City, 



N. J., 



5s, 1913, 

4*8, 1914, 

4*8, 1919, 

4s, 1922, 

3*8, 1949, 

8*8, 1930, 

4s, 1904. 

4s, 1913, 



Totals, $ 

RAILROAD BONDS. 

Atchison, Topeka & Santa Fe, 4s, 1995, 

Baltimore & Harrisburg, 5s, 1986, 

Beech Creek, 4s, 1936, 

Burlington, Cedar Rapids & No., 5s, 1934, 

Cedar Rap., Iowa Falls & N. W., 5s, 1921, 

Clearfield & Mahoning, 5s, 194&, 

Cleveland & Mahoning Valley, 5s, 1938, 

Chicago & Alton, 3s, 1949, 

Chicago, Burlington & Quincy: — 

Nebraska Extension, 4s, 1927, 

Illinois Division, 3*8, 1949, 

Chicago & Eastern Illinois, 5s, 1937, 

Chicago & Ind. Coal Div., 5s, 1986, 

Chicago, Milwaukee & St. Paul, 8*8, 1989, 

4s, 1989, 

Chicago & Missouri River, 5s, 1926, 

Chicago & Pacific Western, 5s, 1921, 

Lacrosse <fc Davenport, 5s, 1919, 

Wisconsin & Minnesota, 5s, 1921, 

Chicago & Northwestern : — 

Chic, St. P'l, Minn. & Omaha, 6s, 1930, 

Mil., Lake Shore & Western, 5s, 1929, 

Peoria & Northwestern, 3*s, 1926, 

Princeton & Northwestern, 8*s, 1920, 

St. Paul & Sioux City, 6s, 1919, 

Chicago, Rock Island & Pacific, 4s, 1988, 

Chicago & Western Indiana, 6s, 1932, 

Connecticut & Passumpsic, 4s, 1943, 

Elmira & Williamsport, 6s, 1910, 

Erie & Pittsburg, 3*8, 1940, 

Evansville & Terre Haute, 6s, 1921, 

Sullivan Co. Coal Branch, 5s, 1930, 

Fonda, Johnstown & Gloversville, 6s, 1921, 

Goshen & Deckertown, 6s, 1928, 



PAR 
VALUE. 



1,000.00 
10,000.00 

9,000.00 

7,000.00 
10,000.00 
75,000.00 

1,700.00 
10,000.00 



791,700.00 



48,500.00 
20.000.00 
60,000.00 

125,000.00 

5,000.00 

25,000.00 

10,000.00 

100,000.00 

20,000.00 

. 60,000.00 

150,000 00 

100,000.01 

50,000.00 

120,000.00 

24,000.00 

50,000.00 

51,000.00 

16,000 00 

125,000.00 
10,000.00 
25,000.00 
45,000.00 

5,000.00 

120,000.00 

48,000.00 

5,000.00 
60,000.00 
50.000.00 
20,000.00 
10,000.00 

9,000.00 
11,000.00| 



BOOK 
VALUE. 



1,000.00 
10,000.00 

9,000.00 

7,000.00 
10,000.00 
75,000.00 

1,700.00 
10,000.00 



799,866.00 



43,500.00 
20.000.00 
60,000.00 
145,296.75 
5,000 00 
25,000.00 
10,000.00 
87,722.00 

20,000 00 

58.306.25 

157,664.00 

113.089.25 

50.000.00 

120,000.00 

24,000.00 

50,000.00 

51,000.00 

16,000.00 

138,020.00 

10,000.00 

24,012.50 

44.050.00 

6.106.25 

120,000 05 

54,404 50 

5,000.00 

60,000.00 

50.000.00 

20,001.00 

10,000.00 

9,000.00 

11,000.00 



MARKET 
VALUR. 



1,100.00 

10.500.00 
9,855.00 
7,315.00 
9,800.00 

73,500.00 
1,700 00 

10,200.00 



833,880.00 



50,197.50 
28.100.00 
€4,200.00 
150,312 50 
5.700.00 
31,000.00 
12.250.00 
84,000.00 

20,000 00 

56,700.00 

178.875.00 

117,750.00 

48.500 00 

130.800.00 

27,840.00 

58.000.00 

58,650.00 

18,560.00 

163,750 00 

11,900.00 

24.062.50 

43,812.50 

6.200.00 

125,400.00 
58,560.00 
5,300.00 
66.600.00 
47,000.00 
24,600.00 
10,700.00 
11,160.00 
14,300.00 



Digitized by 



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172 



BANK COMMISSIONERS' EEPOET. 



MERIDEN SAVINGS BANK. — Continued. 
INVESTMENTS. — Continued. 









FAR 


BOOK 


MARKET 


DESCRIPTION. 






VAIiUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. — CONTINUED. 








Illinois Central : — 












Chic, St. L. & New Orleans, 


8*8, 


1951, $ 


100.000.00 


100,000.00 


95.000.00 


Iowa Palls & Sioux City, 


7s, 


1917, 


20.000 00 


20,000.00 


25.700 00 


Louisville, 


878, 


1953. 


25,000.00 


28 950.00 


23.500.00 


Springfield, 


Sis, 


1951, 


10,000.00 


10.000.00 


9.400.00 


Little Miami, 


5s, 


1912, 


8.000 00 


8,000.00 


8,480.00 


Long Island, 


4s, 


1932, 


16,000.00 


15,925 00 


16,000.00 


Louisville & Nashville, 


5s, 


1987, 


5.000.00 


5,750.00 


5,750.00 


Unified, 


4s, 


1940, 


45.831.25 


45.331.25 


45 225.00 


" St. Louis Pivision, 


6s, 


1921, 


4,000.00 


4,000 00 


4,940.00 


Michigan Central : — 












Kalamazoo & South Haven, 


5s, 


1939, 


50,000.00 


50,000.00 


61,750.00 


Michigan Air Line, 


4s, 


1940, 


14,000 00 


14,000.00 


15 890 00 


Minneapolis & St. Louis, 


5s, 


1934, 


100,000.00 


110,797 70 


115.000.00 


«4 <t H 


4s, 


1949. 


100,000.00 


100,000.00 


95.000.00 


Pacific Ex. 


,6s, 


1921, 


46,000.00 


53,202.00 


53 820.00 


New York & Long Branch, 
Northern of New Jersey, 


4s, 


1941, 


80,000.0(1 


30.000.00 


30 450.00 


08, 


1917, 


15,000 00 


15,000.00 


18,000.00 


New York, New Haven & Htfd. 


4a. 


1947, 


10,1-0000 


10.000.00 


10.750.00 


Peoria & Pekin Union, 


6s, 


1921, 


101,000.00 


112,531.00 


124.230.00 


Piedmont & Cumberland, 


5s, 


1911, 


15.000.00 


15,000.00 


15,900.00 


BensselHer & Saraioga, 


7s, 


1921, 


1.000.00 


1,000.00 


1,410.00 


8t. Paul, Minn & Manitoba, 


44s, 


1983, 


150,000.00 


150,000.00 


169.500 00 


<! it It 


6s, 


1983, 


25,000 00 


32,663.00 


83,437.50 


Eastern of Minnesota, 


5s. 


1908, 


17.000 00 


17.000.00 


17 510.00 


" N'th'n, Div. 


,4s, 


1928-48, 


60,000.00 


62.500.00 


61.800.00 


Montana Central, 


5s, 


19*7. 


100,000.00 


104.472.00 


117.625.00 


tt n 


6s, 


1H37, 


10.000.00 


18,624.00 


13.950.00 


Montana Extension, 


4s. 


1937, 


100,000.00 


100,000.00 


10<,000.00 


Willmar & Sioux Falls, 


5s, 


1988, 


110.000.00 


132,995.50 


182.000.00 


Terre Haute & Indianapolis, 


5s, 


1925, 


80.000.0o 


80,000.00 


84,500.00 


Tuscarora Valley, 


5a, 


1917, 


10,000 00 


10.000.00 


11,000.00 


Wilksbarre & Scranton, 


4*8, 


1938, 


10,000.00 


10,000.00 


11,100.00 


Totals 


5,914,500.00 


3,024,912.95 


3,281,497.50 


BANK STOCKS. 












50 shares American National, 


Hartford, $ 


2. 500.C0 


2.500.00 


8,500.00 


50 " City, 




•* 


5,000.00 


5,000.00 


5,000 00 


5 " Conn. Tr. & S D. Co 




tt 


500.00 


500 00 


1,250 00 


25 M Hartford National, 




tt 


2 500 00 


2,500.00 


8.875.00 


10 " Pho3nix 




n 


1 ,000.01* 


1,000 00 


1,200 00 


120 " First 


Meriden, 


12,000.00 


12.000.00 


24.000.00 


200 «• Home 




t 


20,000.00 


20.000.00 


26.000 00 


200 " Meriden 




a 


20.000.00 


20,000.00 


22 000.00 


40 '• Central '« 


Middletown. 


3,000.00 


3,000.00 


8,600 00 


200 " First 




a 


20,000.00 


20,000.00 


20,000.00 



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BAITS COMMB3SIONEBS EEPOET. 



178 



MBRIDEN SAVINGS BANK. —Continued. 

INVESTMENTS. — Cohtdtobd. 







PAR 


BOOK 


MARKET 




DBSCBIPTION. 


VALUE. 


VALUB. ' 


VALUE. 




BANK STOCKS. —CONTINUED. 






60 shares Middlesex Co. Nat'l, Middletown, $ 


6,000 00 


6,000.00 


5,400.00 


160 M 


Middletown 


11.250.00 


11,250.00 


15,750.00 


125 " 


New Britain " New Britain, 


12,500 00 


12,500.00 


20,000.00 


4 " 


Nat'l New Haven, New Haven, 


400.00 


400.00 


800 00 


4 " 


8econd National. 4t 


400.00 


400.00 


800.00 


40 •« 


Yale 


4,000.00 


4,000.00 


5,400.00 


5 M 


Nat. Bk. of Com'ce, New London, 


500.00 


500.00 


750.00 


25 " 


Brooks National, Torrington, 


2,500.00 


2,500 00 


4,000.00 


50 " 


Waterbury f< Waterbury, 


2,500.00 


2,500.00 


4,250.00 


02 " 


Nat. Batchers & Drovers, N. York, 
Is $ 


1,550.00 


1,550.00 


2,480.00 


Tota 


128,100.00 


128,100.00 


160,555.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors haviDg less than 

$1,000 8,796; total amount, $1,698,014.20 

2 Number of depositors having $1,000 and 

not over $2,000 960; total amount, 1,292,558.46 

8 Number of depositors having over $2,000 

and not over $10,000, .... 544; total amount, 1,887,611 82 

4 Number of depositors having over $10,000, 9; total amount, 109,721.57 

5 Total number of depositors, 10,809; total deposits, $4,982,905.55 

6 Largest amount due a single depositor, 17,480.44 

7 Number of accounts opened during ijie past year, 1,850; number 

closed, 960; increase. 890. 

8 Amount deposited, including interest credited, during the past 

year, 1,054,189.13 

9 Amount withdrawn during the past year, 722.988.74 

10 Amount of increase 881,150.89 

11 Total of interest and profit and loss per last 

report $114,429.46 

12 Amount of income received during the year, . 242,927.80— 357,857.26 

13 Total expenses, includiug salaries, during the year, 7,605.94 

14 8tate tax daring the year, 10,579.26 

15 Town and city taxes and assessments paid, 727.27 

16 Net amount of premiums charged off, 16.253 00 

17 All other amounts charged off, .... 9,752 8i 

18 Dividends, 2 per cent, paid Jan. 20, 1904; amount, 91,012.64 

2 per cent, paid July 20, 1904; amount, 94,894.48 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss per this 

report 126,581.86— 857,857.26 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 2,894.00 
28 Loans on real estate — are they all first mortgages ? . Yes 



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174 



BANK COMMISSIONERS BEPOBT. 



MERIDEN SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

24 Largest amount loaned on mortgage to anyone individual, firm, 

company, society, or corporation, .... 

25 Largest amount of personal loan to any one Individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society » or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, first Monday after July 19th. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, first Monday after July 19th. 



$37,000.00 



6,614.50 

.00778* 
200.82 



Officers.— President, John L. Billard; Treasurer, W. H. Catlin; Directors, 
O. H. Piatt, A. Chamberlain, Walter Hubbard, E. J. Doolittle, H. Wales Lines. 
Benj. Page, Homer A. Curtis, Eugene A. Hall, August Maschmeyer, George B. 
Murdock, Arthur S. Lane, Charles A. King, George M. Curtis. 



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BANK COMMISSIONERS' REPORT. 



175 



MIDDLETOWN SAVINGS BANK. 

Henry H. Smith, Treasurer. Incorporated, 1825. 

8TATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, 


$1,375 807.00 


Whole amount of deposits, 


17,866,790.92 


Loans on collateral security, 


25,525.00 


Surplus account, 


500,000.00 


Loans on personal security 




Interest account, less cur- 




only, .... 


.000.00 


rent expenses, and taxes 




School district notes and 




paid, . . . 


188,457.47 


orders 


80,500.00 


Profit and loss account, . 


91,874.88 


Town, city, school district, 








and corporation bonds, . 


8.695,691.00 






Railroad bonds. 


2,812.500.00 






Railroad and Quarry stocks, 


21.600.00 






Bank stocks in Connecticut, 


166.500 00 






Bank stocks in other' states, 


81,000.00 






Real estate by foreclosure, 


109,200.00 






Banking house. 


60.000.00 






Premium account, 


88,910 00 






Sundrv accounts, 


4.757.60 






Cahh in banks, . 


16S.802 58 






Cash in vault, . 


5,729.59 
$t*,o97,l*4.;2 


Total Liabilities, 




Total Assets, 


$8,597,122.72 



INVESTMENTS. 



/ 
DESCRIPTION. 


FAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


RAILROAD STOCKS. 








200 shares N. Y., N. H. & H. R. R. Co., f 


20,000.00 


20,000.00 


88,600.00 


QUARRY STOCK. 








82 shares Brainerd, Shailer & Hall Quarry 
Co., Portland, Conn., . . $ 


8,200.00 


1,600.00 


1,600.00 


Totals, $ 


23,200.00 


21,600.00 


40,200.00 


TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 








TION BONDS. 








Colorado Springs, Col., 4s, 1916-1918, $ 
Dearer, «• 4s, 1908, 
Anaonia, Conn., 4s, 1915, 
Greenwich, " 4s, 1915. 
Middletown, Town, Conn., 4s, 1904-1908, 

City, " 4s, 1922, 
Plainville, " 4b, 1905-1915, 
8tonington, " 4s, 1908, 


80,000.00 
88.000.00 
50,000.00 
60,000.00 
82,000.00 
200,000.00 
15,000.00 
15,000.00 


80,000.00 
88,000 00 
50,000 00 
60.000.00 
82,000.00 
200.000 00 
15.000.00 
15,000.00 


81.000.00 
88.000.00 
51,250.00 
61,050.00 
32,4*0.00 
207,500.00 
15.750.00 
15,112.00 



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176 



BANK COMMISSIONERS' REPORT. 



MIDDLETOWN SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. — CONTINUED. 

W. HaVn Sch. Dirt., Conn., 4*8, 



Wallingford, 

Chicago, Hi., 

Decatur, " 

Joliet, 

South Bend, Ind., 

Terre Haute, " 

tt CI 

Clinton, Iowa, 
Sioux City, " 
«* . *• 

Louisville, Ky„ 

*t tt 

Lexington, " 

Newport, " 

Pa<lucah, " 

Bangor, lft. t 

Portland, " 

Lynn, Mass., 

Somerrille, " 

Detroit, Mich., 

Muskegon, " 

Bay City, 

Duluth, Minn., 
tt tt 

Minneapolis, " 
St. Paul, 

Winona, l§ 

Kansas City, Mo., 
St. Louis, 

Omaha, Neb., 

Hoboken, N. J., 
East Orange, 
Jersey City, 
Newark, 



Peterson, 

Akron, 

Canton, 

C4 

Cincinnati, 



Ohio 



Cleveland, 
Columbus, 



4*8, 


1909, 


8*8, 


1905-1908, 


4s, 


1921, 


5s, 


1904, 


4*8, 


1904, 


4s, 


1915, 


4*s, 


1909, 


6s, 


1905, 


6s, 


1917, 


4*8, 


1920, 


5s, 


1917, 


4s, 


1928, 


6s. 


1911, 


4*8, 


1920-1924, 


5s, 


1907-1919, 


4*8, 


1918, 


6s, 


1905, 


es, 


1907, 


4s, 


1927, 


4s, 


1911-1920, 


4s, 


1918, 


58, 


1926, 


4s, 


1909-1930, 


4*s, 


1926, 


68, 


1911, 


4s, 


1919, 


4s, 


1919, 


4*8, 


1917, 


5s, 


190&-1917, 


4*8, 


1915, 


48, 


1905, 


6s, 


1905, 


4*s, 


1917, 


5s, 


1907-1912, 


4s, 


1928, 


4s, 


1938, 


7s, 


1918, 


4s, 


1922, 


7s, 


1905, 


4*8, 


1910, 


4s, 


1917-1922. 


4*8, 


1905-1910, 


5s, 


1928. 


6s, 


1909, 


7s, 


1908, 


7*8, 


1906. 


4s, 


1912-1922, 


4s. 


1908-1928, 


4*s, 


1914-1924, 



FAR 

VALUE. 



20,000.00 

18,000.00 

50,000.00 

1,000.00 

8,000.00 

82,000.00 

28,000.00 

2,191.00 

85,000.00 

65.000.00 

10,000.00 

25.000.00 

5,000.00 

47,000.00 

29,000,00 

86,000.00 

2,000.00 

82.000.00 

50.000.00 

14,000.00 

100,000.00 

100.00000 

116.500.00 

21.000.00 

9.000.00 

208,000.00 

225,000.00 

20,000.00 

55,000.00 

60,000.00 

60,000.00 

10,000.00 

4.000.00 

18,000 00 

15,000 00 

25,000.00 

100,000.00 

50,000.00 

10.000.00 

70,000.00 

50.000.00 

51,000.00 

25,000.00 

24.000 00 

82,000.00 

8,000.00 

160 000.00 

119,000 00 

75.000 00 



ROOK 
VALUE. 



20,000.00 

18,000.00 

50.000.00 

1,000.00 

8,000.00 

82,000.00 

28,000 00 

2,191.00 

85,000.00 

65,000.00 

10.000.00 

25,000.00 

5,000.00 

47,000.00 

29,000.00 

86,000.00 

2.000.00 

82,000.00 

50.00010 

14,000.00 

100,000.00 

100,000 00 

116,500 00 

21,000.00 

9.000.00 

208.000.00 

225.000.00 

20,000.00 

55,000.00 

50,000.00 

60,000.00 

10,000 00 

4,000 00 

18,000.00 

15,000.00 

25,000 00 

100,000.00 

50,000.00 

10,000.00 

70,000.00 

50,000.00 

51,000.00 

25.000.00 

24.000.00 

82,000.00 

8,000.00 

160,000.00 

119,000.00 

75,000.00 



MARKET 
VALUE. 



20,500.00 

18,000.00 

51,250.00 

1,000.00 

8,000.00 

82.560 00 

28,700.00 

2,212.00 

88,500 00 

67,175.00 

11,000.00 

26,250.00 

5,425.00 

50,460.00 

81.680.00 

87,080.00 

2,040.00 

88,440.00 

54,000.00 

14.560.00 

108.500.00 

114,500.00 

119,768 00 

22.480.00 

10,080.00 

216,820.00 

234,000 00 

21,500.00 

59,400.00 

54,000.00 

60,800.00 

10,250.00 

4,200.00 

18.900.00 

15,900.00 

25,875.00 

124,000.00 

53.250.00 

10,340.00 

72,800.00 

51.725 00 

52 020 00 

29.750 00 

26.640 00 

86.000 00 

8,560 00 

166,160.00 

128,756.00 

79,650.00 



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BANK COMMISSIONERS' BEPOBT. 



177 



MIDDLETOWN SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



PAR 

VALUE. 



BOOK 
VALUE. 



MARKET 
VALUE. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. — CONTINUED. 



Columbus, Ohio, 

Dayton, 

Toledo, 



Zanesville, " 
Pittsburg, Pa., 
Johnstown, " 
Racine, Wis., 



5s, 1907-1910, | 

5s, 1906, 

3*8, 1922-192D, 

4*8, 1914. 

4+s, 1W04-1914, 

5s, 1905-1913, 

4*8, 1909, 

Sis, 1910, 

4*8, 1904-1924, 

5s, 1904-1917, 



.68,000.00 
18.000.00 

196,000 00 
91,000.00 
41,000.00 

100,000.00 
20.000.00 

300.0<H) 00 
50,000.00 
12,000.00 



68,000.00 
18.000.00 

196,000. (M» 
91,000.00 
41,000.00 

100,000.00 
20.000.00 

800,000 00 
50,000.00 
12,000.00 



71,800.00 
18,400.00 

196 000.00 
94,640 00 
42,822.00 

104,810.00 
20,450.00 

800,000.00 
50,000.00 
18,040.00 



Total?, $ 

RAILROAD BONDS. 

Ashtabula A Pittsburg. 6s, 1908, 

Burlington, C. Rapids A No rth'n, 5s, 1906, 

5s, 1984, 

Chicago A Eastern Illinois, 5s, 1W37, 

" Chi. &Ind. Coal, 5s, 1986, 

6*, 1907, 

,f Danville &G.C, 6s, 1920, 

" Extension. 6a, 1931, 

Chicago, Rock Islaud & Pacific, 6s, 1917, 

Chicago, Milwaukee A St. Paul : — 

Hastings A Dakota Div., 7s, 1910, 

Mineral Point " 5s, 1910, 

Dakota & Great Southern " 5s, 1916, 

Terminal " 5a, 1914. 

Wisconsin A Minnesota " 5s. 1921, 

Southwestern " 6s, 1909, 

LaCroase & Davenport " 5s, 1919, 

Dubuque " 6s, 1920, 

Chicago & Lake Superior " 5s, 1921, 

Chicago & Pacific, " 5s, 1921, 

Chicago A Northwestern : — 

Northwestern Union, " 7s, 1917, 

Ottumwa, C. Falls A St. P. " 5s, 1909, 

Chicago & Tomah " 6s, 19o5, 

Menominee River " 7s, 1906, 

Madison " 7s, 1911, 

Cedar Rapids* Mo. River " 7s, 1916, 

Mil., Lake Shore A West'n " 5s, 1929, 

Chi., St. P., Minn. & Omaha" 6s, 1980, 

Chicago, Burlington A Quincy : — 

Burlington A Mo. River Div., 6s, 1918, 

Nebraska Extension " 4s, 1927, 

Sinking Fund " 4s, 1919, 



3,695,691.00 



8,695,691.00 



3,867,555.00 



16,000.00 

89.500.00 

220,000.00 

148,000.00 

50,000.00 

20,000 00 

5,000.00 

6,000.00 

60,000.00 

50,000.00 
50,000.00 
50.000 00 
95,000.00 
50,000.00 
50,000.0* 
40.000.00 
50,000.0i 
85,000.00 
50,000.0< 

26.500 00 
82,000.00 
80,000.00 
22.000.0o 
20,000.00 
13.500.00 
26,000.00 
55.000.00 

50,000.00 
22,000.00 
38,000.00 



16,000.00 

39,500 00 

220,000 00 

148,000 00 

50,000.0t 

20,000.00 

5,000 00 

6,000.00 

50,000.00 

50,000 00 
50,000 00 
50,000.00 
95,000.00 
50,000.00 
50,000.00 
40,000.00 
50 000 00 
35,000.00 
50,000.00 

26,500.00 
32,000.0< 
80.000.00 
22,000.00 
20.000 00 
13,500 00 
26 000 00 
55,000.00 

50,000.00 
22,000 00 
38,000.00 



17,280 00 

40,290.00 

261,800.00 

176.120.00 

58,000.00 

21,400.00 

6,000.00 

7,800.00 

61,250.00 

68.000.00 
58.000 00 
55,500 00 
104 500.00 
57.000 00 
55,000.00 
45.200.00 
63,000 00 
40.600 00 
58,000.00 

34,450 00 
33.920 00 
80,600 00 
23,320.00 
23,600 00 
17.550.00 
80,680.00 
73,700.00 

60,000.00 
23,100.00 
38,760.00 



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178 



BANK COMMISSIONERS' BEPOBT. 



MIDDLETOWN SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS.— CONTINUED. 

Chicago, Burlington & Quincy: — 

Iowa Div., 5s, 1919, $ 

Illinois '* • 3*8, 1949, 

Chicago & Western Indiana, 6s, 1932, 

Chicago, Hammond & Western, 6s, 1927, 

Eastern Railway of Minnesota, 5s, 1908, 

"N.Div.^, 1928, 

Illinois Central, 5s, 1921, 

111. Cent. , Iowa Falls* Sioux City, 7s, 1917, 

Michigan Central, 5s, 1931. 

Minn. & St. Louis, 4s, 1949, 

IstConsol., 5s, 1934, 

So'west'n Ext., 7s, 1910. 

Minn.&Duluth,7s, 1907, 

New York & Long Branch, 4s, 1 941 , 

St. L. & Iron Mount., Gulf Div., 4s, 1933. 

St. Paul, Minn. & Manitoba, 4*3, 1938. 

" Consol., 6s, 1933, 

"Dak.Ex.6s, 1910. 

St. Paul, Stillwater & Taylor Palls, 7s, 1908, 

Western Pennsylvania, 4s, 1928, 

Buffalo & Susquehanna, 4s, 1951, 

Louisville & Nashville, unified 4s, 4s, 1940, 

♦Louisv'e&Nash ,N.,F.&8heffl'd,58, 1937, 



Totals, 



BANK STOCKS. 



564 shares Middletown Nat., Middletown, $ 

185 " Middlesex Co. " 

200 " Central 

150 •• Hartford " Hartford, 

200 " City Bank, 

160 • " Thames " Norwich, 

9 " First 

84 " Yale " New Haven, 

16 " First " Portland, 

187 " Home " Meriden, 

50 " First 

57 «• Meriden 

88 " National City, Danbury, 

260 " Amer. Exch'ge " N. Y. City. 

100 " Nassau Bank, 



Totals, $ 197,500.00 197,500.00 279,283.00 



PAR 
VALUE. 



56,000.00 
25,000 00 
44,000.00 
15,000 00 

190,000.00 
50,000.00 
60,000.00 
85,000 00 
22.000.00 

100.000.00 
25,000.00 
35.000.00 
10,000.00 

185,000 00 
50,000.00 

165,000 00 
10,000 00 

194,000 00 

1.000 00 

25,000 00 

50,000.00 

100.000.00 
15,000.00 



$2,821,500.00 



42.800 00 

18.500.00 

15,000.00 

15,000.00 

20,000 00 

16,000.0(1 

900.00 

8,400.00 

1,600.00 

13,700.00 

5.600 00 

5,700.00 

8,800.00 

26,000.00 

5,000.00 



BOOK 
VALUE. 



56.000.00 
24,000.00 
44,000.00 
15,000 00 

190,000.00 
50,000.00 
60.000 00 
85,000 00 
22.000.00 

100.000 00 
25.000.00 
85,000.00 
10,000.00 

185,000.00 
45,000.00 

165,000.00 
10,000.00 

194,000.00 
1,000 00 
25.000.00 
49.000.00 
98.000.00 
15,000.00 



42,800 00 

18,500.00 

15,000.00 

15.000.00 

20,000.00 

16,000 00 

900.00 

3,400.00 

1,600.00 

13,700.00 

5.600.00 

5.700.00 

8,800.00 

26,000.00 

5,000.00 



MARKET 
VALUE. 



61,600.00 

24,000.00 
49,720.00 
19,322 00 

195,700.00 
50,000.00 
67,200.00 
45,150.00 
26.840.00 
97,000 00 
29,000.00 
40,250 00 
10,750.00 

189,050.00 
47.500.00 

181,500.00 
18,300 00 

215,840.00 

1,095 00 

26.000.00 

49,500.00 

101,000.00 
17,250.00 



2,812,500.003,187,487.00 



60.348 00 

16,650.00 

16,000.00 

20,250 00 

17,600.00 

26.400.00 

630,00 

4,539.00 

1,696.00 

17,810.00 

11,200.00 

6.270.00 

9.240.00 

61,100.00 

9,500.00 



* Sold since October let. 



Digitized by 



Google 



BANK COMMISSIONERS' BEPOET. 



179 



MIDDLETOWN SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 



9,712; total amount, $2,385,829.92 
1,150; total amount, 1,617,612.00 



921 ; total amount, 
20; total amount, 



1 Number of depositors having less than 

$1.000 

2- Number of depositors having $1 ,000 and 

not over $2,000 

3 Number of depositors having over $2,000 

and not over $10,000, 

4 Nunlber of depositors having over $1 0, 000, 

5 Total number of depositors, . . 11,803; total deposits, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 1,117; number 

closed, 930; increase. 187. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year, 

10 Amount of increase, 

11 Total of interest and profit and loss, and rent ac- 

counts per last report 

12 Amount of income received during the past year, 

13 Total expenses, including salaries, during the year, 

14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, .... 

18 *Dividends, 2 percent, pnid Nov., 1903; amount, 

2 per cent, paid May, 1904; amount, 

19 Net amount carried to surplus 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 

21 Amount of past due paper at this time is . 

22 Amount of assets yielding no income the past year, . 

23 Loans on real estate — are they all first mortgages ? . 

24 Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, ..... 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclo-ed real estate during the pa«»t year, 

29 'Date of annual meeting of Incorporators to elect Trustees or 

Directors. First Monday in June. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, First Monday in June. 



8,647,842.00 
215.507.00 

$7,86rt.790.92 
13,775.00 



1,209 811.39 
916 322.00 
293,489.39 



$212,360 22 

377,892.85— 

14,515.31 

16.332.76 

2.700 06 

13.345 69 

13.224.48 

148.461.10 

151,341.87 



280,331.80— 



590,258.07 



590,253.07 





Yes 

50,000.00 

600.00 

18,500.00 

A* 

854.42 



Officers. — President, George A. Coles; Treasurer, Henry H. Smith; Direct- 
ors or Trustees, Charles A. Board man, M. B. Copeland, Henry Ward, Samuel 
Russell, Henry Woodward. Edward Pavne, James H. Bunce, George A. Coles, 
Eldon B. Birdsey, Walter B. Hubb*rd. Eugene H. Burr, Wallace K B>icon, Wil- 
bur F. Burrows, Frank B. Weeks, Charles Keynolds. Henry L. Mansfield. Lyman 
A. Mills. Albert R. Crittenden, Henry H. Smith. William H Burrows, Eddie S. 
Davis. T. Micdonough Russell, Heman C. Whittlesey, Charles E. Lyman. 

* Three per cent, per annum on excess of $10,000. 



Digitized by 



Google 



180 



BANK COMMISSIONERS* REPORT. 



MILFORD SAVINGS BANK. 

W. Cecil Durand, Treasurer. Incorporated, 1872. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, . 


(206,755.00 


Whole amount of deposits, 


$856,409.19 


Loans on collateral security, 


1,800.00 


Surplus account, 


10,600.02 


Loans on personal security 




Interest account, less cur- 




only, .... 


2,410.00 


rent expenses, and taxes 




Town, city, and borough 

notes and orders, 
United States bonds, . 




paid, .... 


2,189 50 


5,000.00 


Profit and loss account, 


8,186.10 


100.00 






Town, city, school district, 








and corporation bonds, . 


66,600 00 






Railroad bonds, . 


47,285.69 






Bank stocks in Connecticut, 


40,560.00 






Cash in banks, . 


12,107.75 






Cash in vault, 


2,766.37 


Total Liabilities, . 




Total Assets, 


$885,884.81 


$885,884.81 



INVESTMENTS. 



DESCRIPTION. 



UNITED STATES BONDS. 

Four per cent, bond, 1907, . . i 

TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Milford, 4 per cent, notes, . . $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS, 



Town of Milford, 

City of Columbus, Ohio, 

14 «< 

«< <« 

Omaha, Neb., 



4s, 1905, $ 

4s, 1910, 

4s, 1905, 

4s, 1910, 

4*8, 1921, 

4JS, 1984, 



PAR j BOOK 
VALUE, j VALUE. 



100.00 



5,000.00 



18,000.00 

27,600.00 

5,000 00 

10,000.00 

8.000.00 

8,000.00 



100.00 



5,000.00 



18,000.00 

27,600.00 

5,000.00 

10,000 00 

8.000.00 

8,000.00 



Totals, 



$! 66,600. 



001 66, 



600.00 



MARKET 
VALUE. 



108.00 



5,000.00 



18.000 00 

27,600.00 

5,000.00 

10,000.00 

8,000.00 

8,000.00 



66,600.00 



Digitized by 



Google 



BAJSTK COMMISSIONED EEPOET. 



181 



MILFORD SAVINGS BANK.— Continued. 
INVESTMENTS.— Coktinotd. 





PAR 


BOOK 


MARKET 





DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. 






New York, Providence & Boston, 4s, 1942, $ 


5,000.00 


5,000.00 


5,200.00 


Chicago & Northwestern 8. F. f 6s, 1929, 


7,000.00 


7.000.00 


7,840.00 


Buffalo, New York & Erie, 7s, 1916, 


5,000.00 


5.000.00 


6.000 00 


Chicago. Burlington & Quincy Ex., 4s, 1905, 


15.000.00 


15 000.00 


15.000.00 


Minneapolis & St. Louis, 4s, 1949, 


5,000.00 


5.000.00 


5.000.00 


Newcastle & Shenango Valley, 6s, 1917, 
Chicago, Rock Island & Pacific, 4s, 1988, 


5,000.00 


5.000.00 


6.0 0.00 


5,000 00 


5,235.69 


5,225.00 


Totals, ....;..$ 


47,000.00 


47,235.69 


50,265.00 


BANK STOCKS. 








140 shares Merchant* National, New Haven, $ 


7,000.00 


7,000 00 


9,100.00 


22 • 


National New Haven, " 


2,200.00 


2,200.00 


4,290.00 


80 • 


Yale National, 


3,000.00 


3.000.00 


8,900.00 


21 " 


Second National, " 


2,100.00 


2.100.00 


4,095 00 


50 « 


National Tradesmen's, " 


5,000.00 


7,030.00 


8,500.00 


10 ' 


Middlesex Co. Nat'l, Middletown, 


1,000.00 


1,000.00 


1,000.00 


9 ' 


' First " Meriden, 


900 00 


900.00 


1,575 00 


86 ' 


Connecticut " Bridgeport, 


8,600.00 


5,450.00 


5,760.00 


51 ' 


1 Nat'l Bk. of Commerce, New London, 


5.KK) 00 


5,100.00 


7,140.00 


8 ' 


Mechanics, New Haven, 


480.00 


4X0.00 


480.00 


50 " PhoBnix National, Hartford, 


5,000.00 


6,300.00 


6,000.00 


To 


tals $ 


85,380.00 


40,560.00 

I 


51,840.00 



MISCELLANEOUS ITEMS 
1 Number of depositors having less than 



|1,000, 



1,146; total amount, 

72; total amount, 

17; total amount, 
0; total amount, 



2 Number of depositors having $1,000 and 

not over $2,000 

8 Number of depositors having over $2,000 

and not over $10,000. 

4 Number of depositors having over $10,000, 

5 Total number of depositors, . . . 1,235; total deposits, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 197 ; number 

closed, 154 ; increase, 43. 

8 Amount deposited, including interest credited, during the past 

year 

9 Amount withdrawn during the past year, 

10 Amount of increase, 

11 Total of interest and profit and loss and rent 

accounts per last report, $9,122.56 

12 Amount of income received during the year, 18,480.72— 

Digitized by 



$217,745.73 

95,869.02 

43,294.44 


$356,409.19 
8,909.77 



118.159.72 
86,232 33 
26,927.39 



27,553.28 

Google 



>8 l 



182 



MILPORD SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

18 Total expenses, including salaries, during (he year, $1,766.65 
------ ■ 558.58 


1,780.14 



6,10616 

6,16017 

855.98 



10,825.60— $27,558.28 




14 Sttitetax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 "Dividends: 2 per cent, paid Jan. 1, 1904; amount 
2 per cent, paid July 1, 1904; amount 

19 Net amount carried to surplus, . 

20 Total of interest and profit and loss and rem 

accounts per this report, 
v 21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . . 2,450.00 

23 Loans on real estate — are they all first mortgages ? . . Yes 
l 24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 8,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, .....* 600.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 1,800.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of In corporators to elect Trustees or 

Directors, first Tuesday after July 16th. each year. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, first Tuesday after July 16th, each year. 



* Three pur cent, per annum on excess of $1,000.00. 

Officers.— President, George M. Gunn ; Treasurer, W. Cecil Durand ; Di- 
rectors or Trustees, Wm. G Mitchell, George M. Gunn, W. Cecil Durand, 8a n ford 
Hawkins, Henry C Peck, George H. Tiernan, Richard R. Hepburn, Unas. Luke, 
Theodore Thompson, Duraond P. Merwin. James T. Higley, Harry M. Merwin, 
Edward G. Miles, James L. Miies, Frederick L. Tibbals. 



Digitized by VjOOQ IC 



BANK COMMISSIONERS' BEFOBT. 



188 



MOODUS SAVINGS BANK. 



Eugene W. Chaffee, Treasurer. 



Incorporated, 1870. 



STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, 
Loans on collateral security, 
Loans on personal security 

only 

Town, city, and borough 

notes and orders, 
Town, city, school district, 

and corporation bonds, 
Railroad bonds, . 
Real estate by foreclosure, 
Bank stocks in Connecticut, 
Premium account, 
Cash in banks, . 
Cash in vault, 

Total Assets, 



$76,231.00 
3,325.00 

10,200.00 

21,800.00 

49,000.00 

158,700.00 

1.623.98 

66,700.00 

16.905.00 

102,02.88 

889.46 



$410,527.27 



LIABILITIES. 

Whole amount of deposits, $385,841.39 

Surplus account, 12,000.00 
Interest account less cur- 
rent expenses, and taxes 

paid, .... 5,204.54 

Profit and loss account, 6,735. 30 

Rent account, . 746.04 



Total Liabilities, . . $410,527.27 



INVESTMENTS. 



DESCRIPTION. 


PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 




• 




East Haddam, Town, 


* 


16,800.00 


16,800.00 


16.800.00 


Naugatuck, 44 . 


$ 


5,000.00 


5,000.00 


5,000.00 


Totals, 


21,800.00 


21,800.00 


21,800.00 


TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 








Town of Naugatuck, 


Conn., 4s, 1907-12, $ 


10,000.00 


10,000.00 


10,200 00 


44 Groton, 


44 4s, 1913, 


5,000.00 


5,000.00 


5,150.00 


44 Hebron, 


44 3*8, 1909, 


5,000.00 


5,000.00 


5,000 00 


•' New Haven, 


44 3*s, 1929, 


6,000.00 


6,000.00 


6,000.00 


" Hartford, 


44 8s, 1909, 


1,000.00 


1,000.00 


1,000.00 


City of Ansonia, 


14 4s. 1905-15, 


5,000.00 


5,000.00 


5,100.00 


44 Norwalk, 


44 4s, 1907, 


5,000.00 


5,000.00 


5,050.00 


" Minneapolis, 


Minn., 4s, 1919, 


5,000.00 


5,000.00 


5,300.00 


M Duluth, 


44 4s, 1920, 


5,000.00 


5,000 00 


5,100.00 


" Pueblo, 


Col., 6s, 1906, 
$ 


2,000.00 


2,000.00 


2,000.00 


Totals, 


49,000.00 


49,000.00 


49,900.00 



Digitized by LjOOQ IC 



184 



BAKE OOMMI8SIONEE8' BEPOBT. 



MOODUS SAVINGS BANK.— Cohtinued. 
INVESTMENTS.— Contisukd. 



DESCRIPTION. 






PAR 


BOOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS 


\. 








Ashland Coal & Iron, 


4s, 


1925, $ 


6,000.00 


5,000.00 


5,000.00 


Atch., Top. & Santa Fe, Gen. m. 


,4s, 


1995, 


8,500.00 


3,500.00 


8,605.00 


" " " Adj., 


4s, 


1995, 


2,000.00 


2.000 00 


1,900 00 


Buffalo & Susquehanna, 


4s. 


1951, 


5,000.00 


5.000.00 


5,000.00 


Burlington, Cedar K. & North'n, 


5s, 


1906, 


200.00 


200.00 


200 00 


Central of New Jersey, 
Chic, Burlington & Quincy, 


5s, 


1989, 


10,000 00 


10,000.00 


13,800.00 


8*8, 


1949, 


15,000.00 


15,000.00 


14,100.00 


Chicago & Eastern Illinois, 


5s, 


1987, 


5,000.00 


5,000.00 


6,000.00 


Chicago, Milwaukee & St. Paul : 


— 










Southern Minnesota, 


6s, 


1910, 


8.000 00 


8,000 00 


8,830.00 


Wisconsin Valley, 


6s, 


1920, 


3,000 00 


8,000.00 


8,720.00 


Chicago, Rock Isl'd & Pacific, 


6s, 


1917, 


10,000.00 


10.000.00 


12.200.00 


i. << if 


4s, 


1988, 


10,000.00 


10,000.00 


10,500 00 


Delaware & Hudson Canal, 


7s, 


1917, 


6,000.00 


5,000.00 


6,650.00 


Eastern R'y of Minnesota, 


4s, 


1928-1948 


10,000 00 


10,000.00 


10,000.00 


Illinois Central : — 












Springfield Division, 


8*8, 


1951, 


5,000.00 


" 5,00000 


4,600 00 


Omaha " 


8s, 


1951, 


10,000.00 


10,000.00 


8,000.00 


Minneapolis & St. Louis, 


4s, 


1949, 


10,000.00 


10,000 00 


9,500.00 


Morris & Essex, 


7s, 


1914, 


10,000.00 


10,000 00 


13,000 00 


New London Northern, 


5s, 


1910, 


5,000.00 


5,000.00 


5,100 00 


N. Y. Central & Hudson, 


8*s, 


1997, 


10,000.00 


10,000.00 


10,000.00 


Princeton & Northwestern, 


8*8, 


1926, 


11,000 00 


11,000.00 


10,450 00 


Rensselaer & Saratoga, 


7s, 


1921, 


6.000.0J 


6,000.00 


8,520.00 


Totals 


153,700.00 


158,700.00 


164,675 00 


BANK STOCKS. 












40 shares Hartford National 


, Hartford, $ 


4,000 00 


4,000.00 


5,400.00 


40 " Phceuix 




M 


4,000 00 


4,000.00 


4,600.00 


80 *' iEina 




.« 


8,000 00 


3,000.00 


6,000.00 


20 " Charter Oak 




«« 


2,000.00 


2.000.00 


2.400 00 


40 " Farm. & Mech. " 




<< 


4.000.00 


4.000 00 


4.680.00 


40 " First 




" 


4,000.00 


4,000.00 


5,600.00 


70 •' American " 




«< 


8.500.00 


3,500 00 


4.900.00 


CO " National Exchange 




«« 


3,000 00 


8,000.00 


3,720 00 


10 " City. 




<| 


1,000.00 


1,000.00 


870 00 


40 " Middletown National, 


Middletown, 


8,000 00 


8,000.00 


4,000.00 


40 " Central 




*t 


8.000.00 


8.000.00 


8,000.00 


20 " First " 




«< 


2.000 00 


2,000 00 


1,900.00 


15 ■• Middlesex Co. " 




tl 


1,500.00 


1,500.00 


1.27500 


25 *' Thames 


Norwich, 


2,500.00 


2,500.00 


8,875.00 


20 " Uncas 




♦ » 


2,000 00 


2,000.00 


2,000.00 


15 " First 




" 


1,600.00 


1,500 00 


1,050 00 


3 " Merchants " 




tl 


800.00 


800 00 


300 00 


20 " Home 


Meriden, 


2,000 00 


2,000.00 


2,400 00 


14 " Meriden 




*t 


1,400.00 


1.400.00 


1,400.00 


20 ". City 


Danbury, 


2,000.00 


2,000.00 


2,100.00 



Digitized by 



Google 



BANK COMMISSIONED' BEPOBT. 



185 



MOODUS SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



FAR 
VALUE. 



BOOK 

VALUE. 



MARKET 
VALUE. 



BANK STOCKS. — CONTINUED. 



f 6 shares Danbury National, 



50 
10 
10 
16 
40 
22 
10 
26 
10 



Waterbury 
Citizens 
Manufacturers 
Yale 

Deep River 
Sou thing ton 
Mystic River 
First, 



Union Bank in New London, 



Danbury, $ 
Waterbury, 



New Haven, 
Deep River, 
Southington, 
Mystic River, 
Portland, 



Totals, 



600.00 
2,500.00 
1,000.00 
1,000.00 
1,600.00 
4,000.00 
2,200.00 

500.00 
2,600.00 
1,000.00 



600.00 
2,500.00 
1,000.00 
1,000.00 
1,600.00 
4,000.00 
2f.20O.00 

500.00 
2,600.00 
1,000.00 



600.00 
8,750.00 
1,800.00 
1,250.00 
2,128.00 
4,240.00 
2,200.00 

550.00 
2,704.00 
1,000.00 



66,700.00 



66,700.00 



81,102.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less tban 

$1,000, . 977 ; total amount, $162,627.72 

2 Number of depositors having $1,000 and 

not over $2,000, 58 ; total amount, 77,872.12 

8 Number of depositors having over $2,000, 

and not over $10,000 85 ; total amount, 115,884.24 

4 Number of depositors having over $10,000, 2 ; total amount, 80,457.81 

5 Total number of depositors, . . 1,067 ; total deposits, $885,841.89 

6 Largest amount due a single depositor, 19,168.72 

7 Number of accounts opened during the past year, 106 ; number 

closed, 100 ; increase, 6. 

8 Amount deposited, including interest credited, during the past 

year 65.458.89 

9 Amount withdrawn during the past year, 69,225.24 

10 Amount of decrease, 8,766.85 

11 Total of interest and profit and loss, and rent ac- 

counts per last report $9,698.60 

12 Amount of income received during the year, 18,917.07— 28,610.67 
18 Total expenses including salaries during the year, 1 ,270. 03 

14 State tax during the year, 617.72 

15 Town and city taxes and assessments paid, 19.20 

16 Net amount of premiums charged off, . 692.00 

17 All other amounts charged off, ... . 

18 Dividends, If percent, paid Jan. 1, 1904; amount, 6,672.82 

If per cent, paid July 1, 1904; amount, 6,658.52 

19 Net amount carried to surplus 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 12,685.88— 28,610.67 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 



Bank— 18 



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186 



BANK OOMMI88IOSTEBS' BEPOBT. 



MOODUS SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

28 Loans on real estate — are they all first mortgages ? . 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, ..... 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm 

company, society, or corporation, .... 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, all 

used in improvements. 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Thursday in July. 
90 Date of annual meeting to elect President, Treasurer, and other 
officers, third Thursday in July. 



Yes 

98,600.00 

10,000.00 

2,000.00 





Ofpicebs.— President, Charles E. Brownell ; Vice-President, Albert E. Purple; 
Treasurer, Eugene W. Chaffee; Directors or Trustees, Charles E. Brownell, Albert 
E. Purple, ana Eugene W. Chaffee (ex officio), William L. Fowler, Jr., Arthur W. 
Chaffee, Albert E. Olmsted, Thaddeus R. Spencer, Arthur J. Silliman. 



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BA1TC OOMWBSIOBSBS' BBPOBT. 



187 



THE NATIONAL SAVINGS BANK OF NEW HAVEN. 

Julius Twibs, Treasurer. Incorporated, 1866. 

STATEMENT, OCTOBER 1, 1904, 



ASSETS. 

Loans on real estate, . $1,848,265.00 

Loans on collateral security, 105,915.00 

Loans to corporations, 25,000.00 
Town, city, and borough 

notes and orders, . 17,000.00 
School district notes and 

orders, .... 6,625.00 

State bonds, . 15,000.00 
Town, city, school district, 

and corporation bonds, . 585,045.00 

Railroad bonds, 691,225.00 

Bank stocks in Connecticut, 85,620.00 

Real estate by fordosure, . 5,422.88 

Banking house, . 10,000.00 

Cash in banks, . 185,975.59 

Cash in vault. . 10,962.80 



Total Assets, 



$3,082,055.72 



LIABILITIES. 

Whole amount of deposits, $8,908,720.41 

Surplus account, 150,000.00 

Interest account, less cur- 
rente xpenses, and taxes 
paid, .... 14,581.62 

Profit and loss account, . 8,758.69 



Total Liabilities, 



$8,082,055.72 



INVESTMENTS. 



DESCRIPTION. 



STATE BONDS. 



State of Connecticut, 
Massachusetts, 
" New York, 



8s, 1910, 
8s, 1940, 
8s, 1906, 



Totals, 



* 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Orange, $ 

Borough of West Haven, 

New Haven Water Company, .... 



Totals, ... ... 

SCHOOL DISTRICT NOTES AND ORDERS. 

Northern School District of Orange, 



PAR 

VALUE. 



5,000.00 
5,000.00 
5,000.00 



15,000.00 



5,000.00 
12,000.00 
25,000.00 



$| 42,000.00 
6,625.00 



BOOK 
VALUE. 



5,000.00 
5,000.00 
5,000.00 



15,000.00 



5,000.00 
12,000.00 
25,000.00 



6,625.<X 



MARKET 
VALUE. 



5,075.00 
4,787.00 
5,012.00 



14,874.00 



5,000.00 
12,000.00 
25.000.00 



42,000.00 42,000.00 



6,625.00 



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188 



BANK COMMISSIONERS 7 EEPORT. 



THE NATIONAL SAVINGS BANK OF NEW HAVEN. — Cont'd. 

investments-continued. 



DESCRIPTION. 




PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. * 


TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 








New Haven 8chool Dist., 4s, 


1900-1920, $ 


19,000.00 


19,000.00 


19,570.00 


Second No. Sen. Dist., HTd, 4s, 


1904-1924, 


10,000.00 


10,000.00 


10,100.00 


Cen. School Dist., WalHngf d,4s, 


1904-1914, 


10,000.00 


9,850.00 


10,050.00 


New Haven Town Bonds, 8*8, 


1909-1989, 


19,000.00 


18,465.00 


19,000.00 


Norwalk «« 8*8, 


1918, 


5,000.00 


5,000.00 


5,000.00 


Lyme " 4s, 
Glastonbury " 4s, 


1918, 


5,000.00 


5,000.00 


5,275.00 


1908, 


6,000.00 


6,000.00 


6,068.00 


Norfolk «• 4s, 


1909, 


6,000.00 


6,000.00 


6,120.00 


Killingly " 8*8, 
NewCaanan " 8ie, 


1920, 


5,000.00 


5,000.00 


5,000.00 


1929, 


10,000.00 


10,000.00 


10,000.00 


Stratford " 4s, 


1918, 


5,000.00 


5,000.00 


5,250.00 


Portland " 8*s, 


1919, 


10,000.00 


1(5,000.00 


10,000.00 


Essex " St^jB 


,'1928, 


10,000.00 


10,000.00 


10,800.00 


Pairfleld " 3*8, 


1916, 


10,000.00 


10.000.00 


10,000.00 


Naugatuck •« 4s, 
Walllngford Borough Bonds, 3*8, 


1912, 


15,000.00 


15,000.00 


15,487.00 


1919-1925, 


10.000.00 


10,000.00 


10,000.00 


Bridgeport City Bonds, 3*s, 


1917, 


6,000.00 


6,000.00 


6,000.00 


New London " 8*s, 


1919, 


6,500.00 


6,500.00 


6,500.00 


New Britain " 4s, 


1913, 


5,000.00 


5,000.00 


5,175.00 


Middletown " 8^8, 1915, 


5,000.00 


5,000.00 


5,075.00 


Waterbury " 4s, 
Boston, Mass., " 4s, 


1910, 


6,000.00 


6,000.00 


6,150.00 


1917, 


5,000.00 


5,000.00 


5,812.00 


Providence, R. I., " 4s, 


1911, 


5,000.00 


5,000.00 


5,175.00 


Pawtucket, " " 4s, 


1987, 


5,000.00 


5,000.00 


5,875.00 


Woonsocket, " lt 4s, 


1937, 


6,000.00 


6,000.00 


6,860.00 


Newark, N. J., " 4s, 


1922, 


6,000.00 


6,000.00 


6,510.00 


Paterson, *' '< 5s, 


1918, 


5,000.00 


5,000.00 


5,600.00 


Paterson, " " 4s, 


1989, 


10,000.00 


10,000.00 


10,450.00 


Paterson, •• " 4*8, 


1904, 


5,000.00 


5,000.00 


5,000.00 


Trenton, " •• 4s, 


1907, 


6,000.00 


6,000.00 


6,060.00 


Wilmington, Del, •« 4s, 


1924, 


6,000.00 


6,000.00 


6,165.00 


Pittsburg, Pa., " 8*s, 


1980, 


5,000.00 


5,000.00 


5,000.00 


Cincinnati, Ohio, " 7s, 


1908, 


7,000.00 


7,000.00 


7,945.00 


Columbus, " " 4s, 


1905-1908, 


14,000.00 


18,830.00 


14,100.00 


4s, 


1910, 


20,000.00 


19,600.00 


20,800.00 


" " ** 4s 


1918-1938, 


5,000.00 


5,000.00 


5,100.00 


Toledo, " " 8is, 


1930, 


10.000.00 


10,000.00 


9,700 00 


4s, 


1942, 


5,000.00 


5,000.00 


5,250.00 


Hamilton, " " 5s, 


1907, 


5,000.00 


5,000.00 


5,150.00 


Muskegon, Mich., " 4s, 


1984, 


11,000.00 


11,000.00 


11,550.00 


Louisville, Ky., " 4s, 


1923-1980, 


5,000.00 


5,000.00 


5,350.00 


4s, 


1928, 


10,000.00 


10,000.00 


10,750.00 


4s, 


1980, 


41,000.00 


41,000.00 


44.485.00 


Chicago, 111. " 4s, 


1921, 


15,000.00 


15,000.00 


15.675.00 


Minneapolis, Minn., " 4s, 


1919, 


5,000.00 


5,000.00 


5.825 00 


Dubuque, Iowa, " 4s, 


1917. 


5,000.00 


5,000.00 


5.250.00 


Clinton, 4I " 5a, 


1912-1916, 


5,000.00 


5,000.00 


5,875.00 


Sioux City, " " 4K 


1906-1915, 


5.000.00 


5,000.00 


5,050.00 


Kansas City, Mo., " n 4*8, 
Kan., " 4*8, 


1915, 


5,000.00 


5.000.00 


5.400.00 


1905-1906, 


5,000.00 


5,000.00 


5,050.00 



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BANK COMMISSIONERS* REPORT. 



189 



THE NATIONAL SAVINGS BANK OF NEW HAVEN.— Cont'd, 
INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 
BONDS.— CONTINUED, 

Kansas City, Kan.,CityB'nds, 4*s, 1909-1914, $ 

4*s, 1919, 



Omaha, Neb., 



South Omaha, Neb., " 

Lincoln, 

Colorado Sp'gs, Col., " 



Pueblo, 



5s, 

4s, 

4*s, 

5s, 

4s, 

4s, 

4s, 

4s, 

5s, 



1905, 

1907, 

1918; 

1984, 

1921, 

1910-1920, 

1911-1916, 

1912-1917, 

1918-1918, 

1918, 



Totals. 



RAILROAD BONDS. 

New London Northern, 4s, 

Providence & Worcester, 4s, 

Conn. & Pa'8 l inpsic(Bos.&Me.), 4s, 
Maine Central R. R., 4s, 

Maine Cent. (D. & N. R. R.), 4s, 
N. Y. Central & Hudson River, 8*8, 
U. & B. R. R.(N.Y.C. &H. R.), 4s, 
Beech Creek " " 4s, 

Genesee & Wyoming R. R., 5s, 
Buffalo & Susquehanna R. R. 4s, 
River Front R. R. (Penn. R. R.) 4*8, 
Ashland Coal & Iron R. R. 4s, 
8unb'y& Lewiston (Penn. R.R.)4s, 
Potomac Valley R. R. 5s, 

Erie & Pittsburg (Penn. R.R.), 8*8, 
Michigan Central :— 
Grand River Valley, 6s, 

Michigan Air Line, 4s, 

Louisville & Nashville R. R. , 5s, 
Louisville & Nashville R. R. , 4s, 
Illinois Central, main line, 4s, 
Springfield Division, 8*8, 

Western Lines, 4s, 

Chi. St. Louis & N. 0., 8*s, 

Louisville Division, 8*s, 

Omaha " 8s, 

Litchfield " 8s, 

Chicago & Alton R. R., 8s, 

Term. R.R. Ass'nof St. Louis, 4*s, 
Chicago & Eastern Illinois, 5s, 
BurTCedar Rapids & Northern, 5s, 



1910, 

1947, 

1948. 

1912, 

1917. 

1947, 

1922, 

1986, 

1929, 

1951, 

1912, 

1905-1925, 

1986, 

1941, 

1940, 

1909, 
1940, 
1987, 
1940, 
1951, 
1951, 
1951, 
1951, 
1958, 
1951, 
1951, 
1949, 
1989, 
1937, 
1906, 



PAR 
VALUE. 



7,000.00 

10,000.00 

10,000.00 

8,000.00 

15,000.00 

5,000.00 

5,000.00 

6,000.00 

10,000.00 

10,000.00 

20,000.00 

5,000.00 



536,500.00 



12,000.00 
8,000.00 
7,000.00 
5,000.00 
5,000.00 

10,000.00 
6,000.00 

10,000.00 

10,000.00 

25,000.00 
5,000.00 

10,000.00 
5,000.00 
5,000.00 

45,000.00 

5,000.00 

25,000.00 

5,000.00 

5,000.00 

6,000.00 

17,000.00 

5,000.00 

5,000.00 

20,000.00 

10,000.00 

10,000.00 

80,000.00 

6,000.00 

5,000.00 

26,000.00 



BOOK 
VALUE. 



7,000.00 

10,000.00 

10,000.00 

8,000.00 

15.000.00 

5,000.00 

5,000.00 

6,000.00 

10,000.00 

10,000.00 

19,800.00 

5,000.00 



585,045.00 



12,000.00 
8,000.00 
7,000.00 
5,000.00 
5,000.00 

10,000.00 
6,000.00 

10,000.00 

10,000.00 

24,400.00 
5,000.00 

10,000.00 
5,000.00 
5,000.00 

45,000.00 

5,000.00 

25,000.00 
5,000.00 
5,000.00 
6,000.00 

16,790.00 
5,000.00 
5,000.00 

20,000.00 
9,050.00 
9,100.00 

26,780.00 
6,000.00 
5,000.00 

26,000.00 



MARKET 

VALUE. 



7,175.00 

10,675.00 

10,025.00 

8,120.00 

15,150.00 

5,525.00 

5,612.00 

6,090.00 

10,000.00 

10,000.00 

20,000.00 

5,475.00 



558,774.00 



12,240.00 
8,560.00 
7,700.00 
5,100.00 
5,100.00 

10,000.00 
6,360.00 

10,700 00 

11,000.00 

25,000.00 
5,150.00 

10,100.00 
5,075.00 
5,900.00 

45,000.00 

5,600.00 

26,250.00 
5,800.00 
5,050.00 
6,840.00 

16,150.00 
5,850.00 
4,950.00 

19,200.00 
8,500.00 
8,500.00 

25,500.00 
6,720.00 
6,000.00 

26,650.00 



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190 



BANK 0OMMI8SIONEES BEPOBT. 



THE NATIONAL SAVINGS BANK OP NEW HAVEN. — Cont'd. 
INVESTMENTS. — Cohtotobd. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


RAILROAD BONDS. — CONTINUED. 

Minneapolis & St. Louis, 4s, 1949, $ 

Eastern R.R. of Minn. (Q. N.), 5s, 1908, 

4s, 1928-1948, 

St. Paul, Minn. & Manitoba : — 
Consols, 4*8, 1938, 
Montana Extension, 4s, 1987, 
Dakota Extension, 6s, 1910, 

Chicago & Northwestern :— 
Menominee Extension, 7s, 1911, 
Chicago & Tomah. 6s, 1905, 

Chi., Mil. & St. Paul, gen.mtg.,4s, 1989, 
General Mortgage, 8*8, 1989, 
South. Minnesota Division, 6s, 1910, 
Mineral Point, 5s, 1910, 
Dakota & Great Southern, 5s, 1916, 
Hastings & Dakota, 5s, 1910, 

Chi. Rock Island & Pacific, 4s, 1988, 

Chicago, Burlington & Quincy : — 
Iowa Division, 4s, 1919, 
Nebraska Extension, 4s, 1927, 
Illinois Division, 3*8, 1929-1949, 

St. Louis, Iron Mt. & Southern, 4s, 1938, 

New Haven Street R. R. : — 
Edgewood Avenue, 5s, 1914, 
State Street, 5s, 1913, 


65,000.00 
15,000.00 
10,000.00 

5,000.00 

45,000.00 

5,000 00 

11,000.00 
5,000.00 

10,000.00 

20,000.00 
8,000.00 

15,000.00 
5,000.00 
5,000.00 

50,000.00 

19,000.00 
10,000.00 
15,000.00 
15,000.00 

11,000.00 
6,500.00 


64,880.00 
15,000.00 
10,000.00 

5,000.00 

45,000.00 

5,000.00 

11,000.00 
5,000.00 

10,000.00 

20,000.00 
8,000.00 

15,000.00 
5,000.00 
5,000.00 

50,000.00 

19,000.00 
10,000.00 
15,000.00 
18,775.00 

11,000.00 
6,500.00 


64,700.00 

15,750.00 
10,100.00 

5,500.00 

46,800.00 

5,600.00 

18,200.00 
5,150.00 

11,000.00 

20,000.00 
8,960.00 

15,900.00 
5,600.00 
5.850.00 

52,000.00 

19,570.00 
10,600.00 
14,250.00 
14,250.00 

11,880.00 
7,008.00 


Totals, ... . . $ 

BANK STOCKS. 

176 shares Yale National, New Haven, % 

270 " Merchants " 
34 " Second 
1152 " County 
82 " Tradesmen " 
25 " Mechanics, " 
80 " First National, Middletown, 
50 " Middlesex Co. Nat., 
14 " Phoenix " Hartford, 
40 " City Bank, 
48 " First National, Meriden, 
18 " Home, 

14 " Southington " Southington, 
31 •' Clinton " Clinton, 
45 " National Bank of Norwalk, 
10 " Fairfield County National, 
14 '• First National, Portland, 
40 " Union Bank, New London, 


698,500.00 

17,600.00 
13,500.00 
8,400.00 
11,520.00 
3,200.00 
1,500.00 
3.000.00 
5,000.00 
1,400.00 
4.000.00 
4,800.00 
1,800.00 
1,400.00 
8,100.00 
4,500.00 
1,000.00 
1,400.00 
4,000.00 


691,225.00 

17.600.00 
13,500.00 
8.400.00 
11.520.00 
3.200.00 
1,500.00 
8,000.00 
5,000.00 
1,400.00 
4.000.00 
4.800.00 
1,800.00 
1,400.00 
3,100.00 
4,500.00 
1,000.00 
1,400.00 
4,000.00 


718,208.00 

28,760.00 
17,550.00 
6,664.00 
18,482.00 
5,600.00 
1,625.00 
8,000.00 
4,500.00 
1,680.00 
8,600.00 
8,640.00 
1,690.00 
1,470.00 
8,565.00 
4,950.00 
1,000.00 
1,470.00 
4,400.00 


Totals, $ 


85,620.00 


85,620.00 


113,596.00 



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BANK OOMMISSIOSTEBS' BEPOBT. 191 



THE NATIONAL SAVINGS BANK OF NEW HAVEN.— Cont'd. 

MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 4,764; total amount, $1,168,757.58 

2 Number* of depositors having $1,000 and ' 

not over $3,000, ..... 781; total amount, 980,600.86 
8 Number of depositors having over $2,000 

and not over $10,000, . . . 250; total amount, 721,681.52 

4 Number of depositors having over $10,000, 1; total amount, 87,681.00 

5 Total number of depositors, 5,796; total deposits, $2,908,720.41 

6 Largest amount due a single depositor, 87,681.00 

7 Number of accounts opened during the past year, 1,840; number 

closed, 901; increase, 439. 

8 Amount deposited, including interest credited, during the past 

year, 894,852.28 

9 Amount withdrawn during the past year, . . . 725,456.22 

10 Amount of increase. 169,396.06 

11 Total of interest and profit and loss, and rent ac- 

counts per last report, $34,354.51 

12 Amount of income received during the year, . 131,397.62 — 165,752.18 

13 Total expenses, including salaries, during the 

year 9,482.88 

14 State tax during the year 5,844.84 

15 Town and city taxes and assessments paid, 648.19 

16 Net amount of premiums charged off, 6,565.14 

17 All other amounts charged off, .... 8,917.00 

18 'Dividends, If per cent, paid Jan. 1, 1904; amount, 44,993.77 

If per cent, paid July 1, 1904; amount, 45,965.00 

19 Net amount carried to surplus, .... 25,000.00 

20 Total of interest and profit and loss and rent ac- 

counts per this report 23,335.81— 165,752.18 

21 Amount of past-due paper at this time is 

22 Ajnount of assets yielding no income the past year, 2,000.00 
28 Loans on real estate — are they all first mortgages ? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 80,550.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 25,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation 25,000.00 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 

about 2% 

28 Net income from foreclosed real estate during the past year, . 662.28 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, Wednesday after the first Tuesday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

m officers, Wednesday after the first Tuesday in July. 

Officers.— President, Fred'k W. J. Sizer ; Treasurer, Julius Twiss. Direct- 
ors or Trustees, Fred'k W. J. Sizer, James D. Dewell, Julius Twiss, Francis E. 
Spencer, George D. Watrous, Fred'k O. Earle, John B. Carrington, Theodore J. 
Ackerman, Charles F. Root, Pierce N. Welch, Max Adler, William T. Fields, 
John T. Manson, S. Fred Strong. 

•8 per cent, per annum on excess of $2,000.00. 

Digitized by LjOOQIC 



192 



BANK COMMISSIONERS* EEPOET. 



NAUGATUCK SAVINGS BANK. 
Adblbert C. Tuttle, Treasurer. Incorporated, 1870. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $675,689.49 

Loans on collateral security, 87,960.00 
Loans on personal security 

only, .... 55,000.00 
Town, city, and borough 

notes and orders, . 48,000.00 
School district notes and 

orders 17,200.00 

Town, city, school district, 

and corporation bonds, . 92,000.00 
Railroad bonds, . . 877,000.00 

Railroad stocks, . . 28,000.00 

Bank stocks in Connecticut, 82,000.00 

Bank stocks in other states, 5,000.00 

Real estate by foreclosure, 8,854.89 
Insurance and taxes advanced 

on real estate mortgaged, 5.81 

Premium account, . 86,816.58 

Cash in banks, . . 20,774.98 
Cash in vault, .... 940.83 



Total Assets, 



$1,479,742.53 



LIABILITIES. 

Whole amount of deposits, $1,420,484.59 
Surplus account, . 45,000.00 

Interest account, less current 

expenses, and taxes paid, . 18,766.79 
Profit and loss account, 541.15 



Total Liabilities, 



$1,479,742.58 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


HARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Borough of Naugatuck, $ 
Town of East Hartford, .... 


38,000.00 
5,000.00 


38,000.00 
5,000.00 


88,000.00 
5,000.00 


Totals $ 

SCHOOL DISTRICT NOTES AND ORDERS. 

Union City School District $ 

RAILROAD STOCKS. 

280 shares N. Y., N. H. & Hartford R. R., . $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

City of Columbus, Ohio, 6s, 1911, $ 
Omaha, Neb., 4s, 1905, 
" " 4^s 1984, 
Duluth, Minn., 4s, ' 192o! 


48,000.00 

17,200.00 

28,000.00 

10,000*00 

4,000.00 

10,000.00 

10,000.00 


48,000.00 

17,200.00 

28,000.00 

10,000.00 

4,000.00 

10,000.00 

10,000.00 


48,000.00 

17,200.00 

58,200.00 

10,600.00 

4,000.00 

10,900.00 

10,400.00 



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BAITS OOMMISSIONEES' KEPOBT. 



198 



NAUGATUCK SAVINGS BANK.— Continued. 

INVESTMENTS.— Continued. 









PAR 


BOOK 


MARKET 


DESCRIPTION. 






VALUE. 


VALUE. 


VALUE. 


TOWW, CITY, SCHOOL DISTRICT, AKD CORPORATION 








BONDS.— CONTINUED. 










Borough of Naugatuck, Conn., 


4s, 


1905-6, $ 


10,000.00 


10,000.00 


10,000.00 


Town of 


4s, 


1912, 


28,000.00 


28,000.00 


28,000.00 


•' Greenwich, " 


4s, 


1915, 


10,000 00 


10,000.00 


10,500.00 


East Hartford, 


4s, 


1924, 


10,000.00 


10,000.00 


10,600.00 


Totals, 


92,000.00 


92,000.00 


95,000.00 


RAILROAD BONDS. 










Illinois Central : — 












Chic. St. L. $N. 0. Div., 


a*. 


1951, $ 


25,000.00 


25,000.00 


24,500.00 


Springfield 


8*s, 


1951, 


10,000.00 


10,000.00 


10,000.00 


Louisville 


3+8, 


1953, 


10,000.00 


10,000.00 


9,800.00 


Chicago & Northwestern :— 
Madison Extension, 












7s, 


1911, 


5,000.00 


5,000.00 


6,000.00 


Sioux City & Pacific Div., 


84s, 


1986, 


25,000.00 


25,000.00 


24,500.00 


Baltimore & Ohio (Cen. 0. Div.), 4*s, 


1980, 


17,000.00 


17,000.00 


18,530.00 


Bvansville & Terre Haute, 


6s, 


1921, 


5,000.00 


5,000.00 


6,000.00 


New York Central :— . 












Beech Creek Division, 


4s, 


1936, 


25,000.00 


25,000.00 


26,750.00 


Utica & Black River Div., 


4s, 


1922, 


10,000.00 


10,000.00 


10,400.00 


Penn. (Erie & Pittsburg Division), 8*8, 


1940, 


10,000.00 


10,000.00 


10,000.00 


Cleveland & Pittsburg " 


3*8, 


1942, 


20,000.00 


20,000.00 


20,000.00 


St. Paul, M. &M., 


4*8, 


1938. 


80,000.00 


80,000.00 


88,000.00 


it It 


4s, 


1987, 


20,000.00 


20,000.00 


20,500.00 


Central of New Jersey: — 












Long Branch Division, 
N. Y., N. H. & Hartford, 


4a, 


1941, 


10,000.00 


10,000.00 


10,900.00 


S+s, 


1947, 


15,000.00 


15,000.00 


15,000.00 


Chic, Mil. & St. Paul, 


3*s, 


1989, 


20,000.00 


20,000.00 


20,000.00 


Chicago, Burl. & Quincy:— 












Illinois Division, 


3*s, 


1949, 


15,000.00 


15,000.00 


14,400.00 


Chic, St. Paul, M. &0., 


6s, 


1930, 


5,000.00 


5,000.00 


6,500.00 


Philadelphia & Reading:— 
P. H. & P. Division, 












5s, 


1925, 


5,000.00 


5,000.00 


5,750.00 


Ashland, Coal & Iron, 


4s, 


1925, 


10,000.00 


10,000.00 


10,500.00 


Chicago, R. I. & Pacific, 


4s, 


1988, 


40,000.00 


40,000.00 


41,800.00 


Delaware & Chesapeake, 


4s, 


1912, 


10,000.00 


10,000.00 


10,200.00 


Minn. & St. Louis, 


4s, 


1949, 


10,000.00 


10,000.00 


10,000.00 


Burlington, Cedar R. & No., 


5s, 


1984, 


20,000.00 


20,000.00 


24,000.00 


Buffalo & Susquehanna, 


4s, 


1951, 


5,000.00 


5,000.00 


5,000.00 


Totals, 


877,000.00 


377,000.00 


894,080.00 


BANS STOCKS. 












20 shares Hartford National, Hartford, $ 


2,000.00 


2,000.00 


2,700.00 


40 " American 




«« 


2,000.00 


2,000.00 


2,800.00 


15 " JStna 




i< 


1,500.00 


1,500.00 


8,000.00 



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194 



BANK COMMISSIONERS' EEPOET. 



NAUGATUCK SAVINGS BANK.— Continued. 
INVESTMENTS.— Cohthtobd. 











PAR 


BOOK 


MARKET 




DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 




BANK STOCKS. - 


-CONTINUED. 








9 shares Phoenix National, 


Hartford, $ 


900.00 


900.00 


1,080.00 


7 • 


' Charter Oak 


«« 


f< 


700.00 


700.00 


840.00 


40 ' 


' Exchange 


<< 


f i 


2,000.00 


2,000.00 


2,500.00 


40 • 


New Bntain 


« 


New Britain, 


4.000.00 


4,000.00 


6,400.00 


65 « 


' Mechanics 


i< 


f f 


6,600.00 


6,500.00 


13,000.00 


18 ' 


Danbury 


•* 


Danbury, 


1,800.00 


1,300.00 


1,365.00 


80 - 


City 


it 


Bridgeport, 


8,000.00 


3,000.00 


4,800.00 


120 ' 


1 Pequonnock 
Bridgeport 


<< 


if 


12,000.00 


12,000.00 


18,000.00 


80 ' 


If 


tt 


4,000.00 


4,000.00 


7,600.00 


100 * 


Waterbury 


«< 


Waterbury, 


6,000.00 


5,000.00 


8,000.00 


60 ' 


Fourth 


" 


fi 


5,000.00 


5,000.00 


7,000.00 


80 ■ 


Deep River 


n 


Deep River, 


8,000.00 


3,000.00 


3,800.00 


60 ' 


Thomaston 


ft 


Thomaston, 


5,000.00 


5,000.00 


5,500.00 


16 ' 


First 


« f 


Litchfield, 


1,500.00 


1,500.00 


1,500.00 


10 ' 


City 


(f 


So. Norwalk, 


1,000.00 


1,000.00 


2,000.00 


40 ' 


Home 


•' 


Meriden, 


4,000.00 


4,000.00 


5,200.00 


17 ' 


Meriden 


ff 


if 


1,700.00 


1,700.00 


1,870.00 


20 - 


' First 


«« 


Stonington, 
Norwalk, 


2,000.00 


2,000.00 


2,500.00 


10 • 


Thames 


If 


1,000.00 


1,000.00 


1,700.00 


9 ' 


' City 
' Valley 


If 


New London, 


900.00 


900.00 


1,805.00 


60 • 


ff 


Seymour, 
East Haddam, 


5,000.00 


5,000.00 


5,000.00 


70 ' 


Nat. of New England, 


7,000.00 


7,000.00 


9,800.00 


60 •' 


First National, 
tals, 




New York, 
. . .$ 


5,000.00 


5,000.00 


30,000.00 


To 


87,000.00 


87,000.00 


148,760.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 8,932 ; total amount, $748,167.91 

2 Number of depositors having $1,000 and 

not over $2,000, .... 282 ; total amount, 880,870.08 
8 Number of depositors having over $2,000 

and not over $10,000, ... 99 ; total amount, 291,396.66 

4 Number of depositors having over $10,000, ; total amount, 

5 Total number of depositors, . 4,818 ; total deposits, $1,420,434.59 

6 Largest amount due a single depositor, 6,252.64 

7 Number of accounts opened during the past year, 706 ; number 

closed, 525 ; increase, 181. 

8 Amount deposited, including interest credited, during the past 

year, 898,877.88 

9 Amount withdrawn during the past year, 848,794.13 

10 Amount of increase, 49,583.70 



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bank commissioners' eepobt. 195 



NAUGATUCK SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— CoirrrauKD. 

11 Total of interest and profit and lots, and rent ac- 

counts per last report, $12,126.61 

12 Amount of income received during the year, 74,686.11— (86,762.72 
18 Total expenses, including salaries, during the year, 8,912. 91 

14 State tax during the year, 2,941.56 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 17,000.00 

17 All other amounts charged off, .... 

18 Dividends, 2 percent, paid Jan. 1, 1904; amount, 26,295.56 

li percent, paid July 1, 1904; amount, 20,804.75 

19 Net amount carried to surplus, .... 2,000.00 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 14,807.94— 86,762.72 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 8,707.88 
28 Loans on real estate — are they all first mortgages ? Yes 

24 Largest amount loaned on mortgage to any one Individual, firm, 

company, society, or corporation 29,800.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 20,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 8,500.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 2M 

28 Net income from foreclosed real estate during the past year, . 818.85 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, July. 

Officxbs.— President, William Ward; Treasurer, Adelbert C. Tuttle; Direc- 
tors or Trustees, Dwight P. Mills, William T. Rodenback, Frederick F. Schoffed, 
Thomas M. Bull, Adelbert C. Tuttle. 



Digitized by LjOOQIC 



196 



BANK COMMISSIONERS' BEPORT. 



NEW CANAAN SAVINGS BANK. 



G. F. Lockwood, Treasurer. 



Incorporated, 1859. 



STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate. . 


160,829.00 


Whole amount of deposits, 


$120,860.42 


Loans on collateral security, 


1,400.00 


Surplus accouot, 


8,825.00 


Loans on personal security 




Interest account, less cur- 




only 


2,500.00 


rent expenses, and taxes 




Town, city, and borough 
notes and orders, 




paid, .... 


5,994.61 


4,000.00 


Profit and loss account, 


4,448.81 


Railroad bonds, . 


86,100.00 


Rent account, 


197.85 


Bank stocks in Connecticut, 


20,000.00 






Real estate by foreclosure, . 


9,587.84 






Premium account, 


1,482.75 






Cash in banks, . 


8,516.26 






Cash in vault, 


5.84 


Total Liabilities, . 




Total Assets, 


$189,820.69 


$189,820.69 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWH, CITY, AND BOROUGH NOTES AND ORDERS. 

Town New Canaan, $ 

RAILROAD BONDS. 

Tuscarora Valley, 5s, 1917, $ 
Minneapolis & St. Louis, 5s, 1984, 
Burlington. Cedar Rapids & North'n,5s, 1906, 
St. Paul, Minn. & Manitoba, 4*s, 1988, 
Buffalo & Susquehanna, 4s, 1951, 
St. Louis, Iron Mountain & South'n, 4s, 1988, 
Minneapolis & St. Louis, 4s, 1949, 


4,000.00 

7,000.00 
8,000.00 
100.00 
5,000.00 
8,000.00 
4,000.00 
4,000.00 


4,000.00 

7,000.00 
8,000.00 
100.00 
5,000.00 
8,000.00 
4,000.00 
4,000.00 


4,000.00 

7,700.00 
9,400.00 
100.00 
5,550.00 
7,920.00 
8,800.00 
8,720.00 


Totals $ 

BANK STOCKS. 

200 shares First National, New Canaan, $ 


36,100.00 
20,000.00 


86,100.00 
20,000.00 


88,190.00 
20,000.00 



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BANK OOMMISSIONEBS' BEPOBT. 197 



NEW CANAAN SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 600; total amount, $78,975.11 

2 Number of depositors haying $1,000 and 

not over $3,000, 21; total amount, 26,821.55 

3 Number of depositors having over $2,000 

and not over $10,000, .... 6; total amount, 14,568.76 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . 627; total deposits, $120,860.42 

6 Largest amount due a single depositor, 8,126.68 

7 Number of accounts opened during the past year, 184 ; number 

closed, 51 ; increase, 88. 

8 Amount deposited, including interest credited, during the past 

year, 45,145.20 

9 Amount withdrawn during the past year 22,885.78 

10 Amount of increase, 22,259.47 

11 Total of interest and profit and loss, and rent 

accounts per last report, .... $10,800.01 

12 Amount of income received during the year, 6,180.72— 16,480.78 

13 Total expenses, including salaries, during the year, 682.65 

14 State tax during the year, 

15 Town and city taxes and assessments paid, . 97.20 

16 Net amount of premiums charged off, 500.00 

17 All other amounts charged off 105.52 

18 Dividends, 2 per cent, paid Jan. 1, 1904; amount, 1,866.85 

2 per cent, paid July 1, 1904; amount, 2,093.74 

19 Net amount carried to surplus 500.00 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 10,635.27— 16,480.78 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate — are they all first mortgages ? . Yes 

24 Largest amount loaned on' mortgage to any one individual, firm, 

company, society, or corporation, ...'.. 10,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, ...... 2,500.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 1,200.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 1& 

28 Net income from foreclosed real estate during the past year, 187.80 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors: June. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers: June. 

Officebs. — President, F. E. Weed ; Treasurer, G. F. Lockwood ; Directors 
or Trustees, F. E. Weed, B. P. Mead, L. B. Sutton, Edwin Hoyt, C. W. Hodges, 
F. E. Green, G. F. Lockwood. 



Digitized by GOOglC 



198 



BANK COMMISSIONERS' REPORT. 



THE NEW HARTFORD SAVINGS BANK. 

Clarence E. Jones, Treasurer. Incorporated, 1899 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, $18,585.00 

Loans on personal security only, 5,867.72 
Railroad bonds, 18,821.50 

Bank stocks in Connecticut, 8,100.00 
Premium account, . 1,542.00 

Furniture and fixtures account, 65.91 
Cash in banks, . 7,166.71 

CashinTault, . 861.54 



Total Assets, 



$50,010.88 



LIABILITIES. 

Whole amount of deposits, 

Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 



Total Liabilities, 



$49,480.80 
175.00 



404.58 



$50,010.88 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


RAILROAD BONDS. 

New York & New England, 6s, 1905, $ 
Potomac Valley, 5e, 1941, 
Minn, and St. Louis, 4s, 1949, 
Buffalo & Susquehanna, 4s, 1951, 


2,000.00 
8,000.00 
4,000.00 
5,000.00 


2,000.00 

8,000.00 
8,926.00 
4,895.50 


2,020.00 
8,570.00 
8,920.00 
5,000.00 


Totals, $ 

BANK STOCKS. 

10 shares Merchants National, New Haven, $ 
5 " Phoenix " Hartford, 

16 " Hartford " Hartford, 
5 " Yale l§ New Haven, 


14,000.00 

500.00 

500.00 

1,600.00 

500.00 


18,821.50 

500.00 

500.00 

1,600.00 

500.00 


14,510.00 

650.00 

625.00 

2,240.00 

700.00 


Totals, $ 


8,100.00 


8,100.00 


4,215.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, ...... 

2 Number of depositors having $1,000 and 

not over $2,000, .... 
8 Number of depositors having over $2,000 
and not over $10,000, 

4 Number of depositors having over $10,000, 

5 Total number of depositors, . 



265; 


total amount, 


$85,480.59 


9 


; total amount, 


11,528.66 


l; 
0; 


total amount, 
total amount, 

total deposits, 


2,426.55 



275; 


$49,480.80 




Digitized by LjOOQIC 



BANK commissioned' bepoet. 199 



THE NEW HARTFORD SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

6 Largest amount due a single depositor, $2,426.56 

7 Number of accounts opened during the past year, 61 ; number 

closed, 82 ; increase, 29. 

8 Amount deposited, including interest credited, during the past 

year, 29.124.61 

9 Amount withdrawn during the past year, .... 17,596.68 

10 Amount of increase, 11,528.98 

11 Total of interest and profit and loss, and rent accounts per last 

report, . . $262.28 

12 Amount of income received during the year, 2,142.46 — 2,894.78 
18 Total expenses including salaries during the year, 469.40 

14 State tax during the year, .... 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, . 66.00 

17 All other amounts charged off, .... 

18 'Dividends, 2 per cent, paid Jan. 1, 1904 ; amount, 688.19 

2 per cent, paid July 1, 1904 ; amount, 752.66 

19 Net amount carried to surplus, .... 26.00 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 404.58— 2,894.78 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate— are they all first mortgages? Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 5,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 4,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Wednesday in January. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, third Wednesday in January. 

Officers.— President, George W. Bancroft ; Treasurer, Clarence E. Jones; 
Directors or Trustees, George W. Bancroft, Frank M. Chap in, Frederick B. Jones, 
Wilfred D. Youngs, Frederick A. Jewell, Frank P. Marble, Remi Cadoret, Wil- 
bur E. Drake, Edward E. Kellogg, Edwin R. Carter, Henry T. Smith. 

* 8 per cent per annum on excess of $2,000. 



Digitized by VjOOQ IC 



200 



BANK COMMISSI<OTEBS' EEPOET. 



THE NEW HAVEN SAVINGS BANK. 

Robert A. Brown, Treasurer. Incorporated, 1888. 

STATEMENT, OCTOBER 1, 1904. 



AB8BTB. 

Loans on real estate, . $2,126,086.00 
Loans on collateral sec'y, . 1,824,848.00 
Loans on personal security 

only, .... 885,900.00 
Town, city, and borough 

notes and orders, . . 92,000.00 
School district notes and 

orders 600.00 

Town, city, school district, 

and corporation bonds, . 4,262,889.00 
Railroad bonds, . . 4,784,706.00 

Railroad stocks, 51,241.26 

Bank stocks in Connecticut, 104,600.00 
Real estate by foreclosure, 8,689.59 

Banking house, . . 75,000.00 

Cash in banks, . . 408,758.98 

Cash in vaults, . 112,427.69 



Total Assets, 



$13,627,894.46 



LIABILITIES. 

Whole amount of deposits,$12,810,889.46 

Surplus account, 550,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid 148,517.49 

Profit and loss account, 117,987.51 



Total Liabilities, . k $18,627,394.46 



INVESTMENTS. 



DESCRIPTION. 



TOWN,CTTY, AND BOROUGH NOTES AND ORDERS. 

Town of New Milford, Conn., $ 

" North Branford, 

" Madison, 

•■ Orange, 
City of New Haven, 



Totals, $ 

SCHOOL DISTRICT NOTES AND ORDERS. 

Union School District of East Haven, $ 



RAILROAD STOCKS. 

260 shares N. Y., N. H. & H., 8% stock, | 

TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. 



Danbury, Conn., Town, 3*8, 1982, $ 
East Hartford, " " 4s, 1904-24, 



PAR 
VALUE. 



20,000.00 

2,000.00 

5,000.00 

50,000.00 

15,000.00 



92,000.00 

500.00 

26,000.00 



25,000.00 
15,000.00 



BOOK 
VALUE. 



20,000.00 

2,000.00 

5,000.00 

50,000.00 

15,000.00 



92,000.00 

500.00 

51,241.25 



25,000.00 
15,000.00 



MARKET 
VALUE. 



20,000.00 

2,000.00 

5,000.00 

60,000.00 

15,000.00 



92,000.00 

500.00 

49,500.00 



25,000.00 
15,000.00 



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BANK COMMISSIONED BEPORT. 



201 



THE NEW HAVEN SAVINGS BANK.— Continued. 
INVESTMENTS.— Contimded. 









PAR 


BOOK 


MARKET 


DESCRIPTION. 
















VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AMD CORPORA- 








TION BOND8.— CONTINUED. 








Fairfield, Conn., Town 


f 3*8, 


1916, * 


9,000.00 


9,000.00 


9,000.00 


Killingly, 


Sis, 


1920, 


35.000.00 


85,000.00 


85,000.00 


Middletown, " 


8r%8> 


1909, 


90,000.00 


90,000.00 


90,000.00 


Milford, 


4s. 


1915, 


14,900.00 


14,900.00 


14,900.00 


New Britain. " 


4b, 


1905-08, 


49,000.00 


49,000.00 


49,000.00 


New Haven, ." lt 


3*s, 


1909-89, 


171,000.00 


170,935.00 


171,000.00 


Orange, 


4s, 


1916, 


50,000.00 


50,000.00 


51,000.00 


Saybrook, 


•*TooB# 


Opp., 


20,000.00 


20,000.00 


20,000.00 


Seymour, •' " 


Ala 


1905, 


20,000.00 


20,000.00 


20,000.00 


Wallingford. " 


48, 


1927, 


14,000.00 


14,000.00 


14,400.00 


" Central School 


8*8, 


1905-19, 


26,000.00 


26,000.00 


26,000.00 


Anaonia, Conn., City, 


4e, 


Opp., 


1,000.00 


1,000.00 


1,000.00 


Derby, 


4s, 


1914, 


25,000.00 


25,000.00 


25^00.00 


Hartford, 


4a, 


Opp., 


35,000.00 


85,000.00 


85,000.00 


New Haven, " School, 


4s, 


1909-29, 


226,000.00 


226,000.00 


228,200.00 


County, 


8*8, 


1904, 


5,000.00 


5,000.00 


5,100.00 


Norwalk, Conn., City, 


818, 


1919-29, 


25,000.00 


25,000.00 


25,000.00 


So. Norwalk, ■• 


48, 


1911-28, 


72,500.00 


72,500.00 


78,200.00 


Waterbury, 

Colorado Springs, Col. , ' ' 


4b, 


1910, 


6,000.00 


6,000.00 


6,000.00 


4-fS, 


1907-12, 


15,000.00 


15,000.00 


15,800.00 


a <i «< 


48, 


1909-14, 


26,000.00 


26,000.00 


26,000.00 


Pueblo, " " 


4*9, 


1914, 


25,000.00 


25,000.00 


26,250.00 


Chicago, 111., 


4s, 


1915-21, 


200,000.00 


200,000.00 


204,000.00 


«• «« 


3*8, 


1919, 


50,000.00 


60,000.00 


50,000.00 


Lake View, " 


4s, 


1908, 


20,000.00 


20,000.00 


20,000.00 


Fort Wayne, Ind„ " 


4*8, 


1913, 


50,000.00 


50,000.00 


52,500.00 


New Albany, " 


os, 


1915, 


100,000.00 


100,000.00 


110,000.00 


South Bend, 


6s, 


1904-05, 


5,000.00 


5,000.00 


5,000.00 


it i< <i 


4s, 


J916, 


25,000.00 


25,000.00 


25,500.00 


Davenport, Iowa, •' 


4*8, 


1909, 


100,000.00 


100,000.00 


103 000.00 


Dubuque, l4 " 


4s, 


1917, 


25,000.00 


25,000.00 


25,500.00 


Jackson, Mich., 


5s, 


1907, 


20,000.00 


20,000.00 


20,600.00 


Duluth, Minn., " 


5s, 


1907-23, 


76,000.00 


76,000.00 


78,800.00 


Minneapolis, " 


4*8, 


1921, 


50,000.00 


50,000.00 


54,500.00 


t* tt n 


4s, 


1919, 


50.000.00 


50,000.00 


52.500.00 


St. Paul, 


58, 


1913-15, 


95,000.00 


95,000.00 


108,500.00 


.1 « (« 


4*8, 


1918-19, 


80,000.00 


30,000.00 


82,400.00 


Augusta, Maine, " 


4s, 


1916, 


10,000.00 


10,000.00 


10,600.00 


Bangor, 


6s, 


1905, 


5,000.00 


5,000.00 


5,000.00 


Bath, 


4*8, 


1907, 


85,000.00 


85,000.00 


86,700.00 


<< tt tt 


4s, 


1911, 


5,000.00 


4,975.00 


5,000.00 


Portland, 


6s, 


1907, 


70,000.00 


70,000.00 


78,500.00 


Kansas City, Mo., " 


4*8, 


1915, 


50,000.00 


50,000.00 


53,000.00 


it a a 


48, 


1910, 


25,000.00 


24,904.00 


25,000.00 


St. Louis, 


6s, 


1905-06, 


42,000.00 


42,000.00 


42,000.00 


tt tt tt 


4s, 


190&-12, 


183,000.00 


188,000.00 


185,000.00 


Omaha, Neb., " 


5s, 


1909-11, 


4,000.00 


4,000.00 


4,000.00 


i* tt tt 


4*s, 


1934, 


56,000.00 


56,000.00 


61,000.00 


tt tt it 


4s, 


1918-33, 


140,000.00 


140,000.00 


142,500.00 



Bank— 14 



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202 



BANK COMMISSIONERS* REPORT. 



THE NEW HAVEN SAVINGS BANK.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPO- 
RATION BONDS.— CONTINUED. 

Atlantic City, N. J., 
Camden, " 

Hoboken, " 

Paterson, " 



Trenton, 

Buffalo, N. Y., 

Canton, Ohio, 

Cincinnati, 



Cleveland, 
Columbus, " 

it << 

Dayton, 
Toledo, 

Pittsburg, Pa., 
Wilkesbarre, 
Pawtucket, R. I., 
Birmingham, Conn. , 
Bristol, 

Norwalk, " 

Ridgefield, 
Waliingford, " 



City, 


4s, 


1930, 


tt 


4*s, 


1922-28, 


it 


4s, 


1918, 


a 


5s, 


1905-08, 


a 


4*s, 


1910, 


tt 


4s, 


1920, 


tt 


4s, 


1989, 


tt 


58, 


1916, 


»< 


3s, 


1910, 


tt 


5s, 


1915, 


n 


4*8, 


1906-18, 


n 


7M 


1906, 


<i 


78, 


1908, 


tt 


6s, 


1906-09, 


n 


5s, 


1910, 


n 


4s, 


1919-26, 


•« 


5s, 


1908-13, 


< < 


4s, 


1907-13, 


11 


4s, 


1909-11, 


«< 


4s, 


1922-42, 


•' 


8*s, 


1909-15, 


" 


4*8, 


1927, 


K 


4s, 


1910-37, 


Bor'gh^e, 


1908, 


*« 


4s, 


1905, 


a 


4s, 


1908, 


tt 


8*8, ' 


1929, 


*t 


4s, 


1928, 


tt 


8*s, 


1932, 



Totals $4,258,400.00 



RAILROAD BONDS. 

Albany & Susquehanna, 7s, 1906, $ 

Ashland Coal & Iron R'y Co., 4s, 1905-25, 

Atchison & Nebraska, 7s, 1908, 

Buffalo, New York & Erie, 7s, 1916, 

Burlington. C. R. & North'n, 5s, 1934, 

Chicago & Alton, 8s, 1949, , 

Chicago, Burlington & Quincy,4s, 1906, 

Chicago & Eastern 111. , 5s, 1987, 

" M " 6s 1984 

Chicago, R. Island & Pacific, 6s', 1917J 

4s, 1988, 

Clearfield & Mahoning, 5s, 1943, 

Cleveland & Mahoning Valley,5s, 1938. 

Delaware & Bound Brook, 7s, 1905, 



FAR 

value! 



75,000.00 

100,000.00 
50,000.00 
45,000.00 
87,000.00 
25,000.00 
50,000.00 
5,000.00 
80,000.00 
25,000.00 
29,000.00 

117,000,00 

5,000.00 

60,000.00 

50,000 00 

150,000.00 
75,000.00 

810,000.00 
60,000.00 
84,000.00 

150,000.00 
80,000.00 
40,000.00 
45,000.00 
4,000.00 
40,000.00 
25,000.00 
5,000.00 
11,000.00 



50,000.00 

25,000 00 

28,500.00 

80,000.00 

108,000.00 

200,000.00 

64,000.00 

245,000.00 

5,000.00 

200,000.00 

200,000.00 

85,000.00 

50,000.00 

10,000.00 



BOOK 

VALUE. 



76,000.00 

100,000.00 
50,000.00 
45,000.00 
87,000.00 
25,000.00 
50,000.00 
5,000.00 
29,625.00 
25,000.00 
29,000.00 

117,000.00 

5,000.00 

60,000.00 

50,000.00 

150,000.00 
75,000.00 

310,000.00 
60,000.00 
84,000.00 

150,000.00 
80,000.00 
40,000.00 
45,000.00 
4,000.00 
40,000.00 
25,000.00 
5,000.00 
11,000.00 



4,252,839.00 



50,000.00 

25,000.00 

23,500.00 

80,000.00 

108,000.00 

188,000.00 

63,680.00 

245,000.00 

5,000.00 

200,000.00 

200,000.00 

35,000.00 

50,000.00 

10,000.00 



MARKET 
VALUE. 



76,500.00 

109,000.00 
51,000.00 
46,800.00 
88,100.00 
25,000.00 
51,000.00 
5,500.00 
28,800.00 
27,500.00 
29,800.00 

123,000.00 

5,600.00 

62,400.00 

52,500.00 

153,000.00 
78,500.00 

818,000.00 
60,500.00 
84,600.00 

150,000.00 
82,700.00 
40,500.00 
45,000.00 
4,000.00 
40,000.00 
25,000.00 
5,000.00 
11,000.00 



4,862,250.00 



53,000.00 

25,000.00 

25,000.00 

87,500.00 

128,500.00 

168,000.00 

64,000.00 

291,500.00 

6,500.00 

246,000.00 

208,000.00 

88,500.00 

57,000.00 

, 10,300.00 



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BANK COMMISSIONERS' BEFOBT. 



203 



THE NEW HAVEN SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 



Del. & Hud. Can. Co.,Pa. Div.,7s, 
Eastern Ry. of Minnesota, 5s, 
Eastern Ry. of Minn., North'n,4s, 
Erie & Pittsburg, 3**, 

Evansville & Terre Haute, 6s, 
Illinois Cent., Louisville Div., 8*s, 
Springfield " 3*6, 
Iowa Falls & Sioux City, 7s, 
Joliet & Northern Indiana, 7s, 
Kalamazoo, Allegan & G. Rap., 5s, 
Little Miami, 5s, 

McEeesport & Belle Vernon, 6s, 



Michigan Central, 
Minneapolis & St. Louis, 



Montana Central, 
Montgomery & Erie, 5s, 

Morris & Essex, 7s, 

N. Y., Lackawana* & West'n, 6s, 
N. Y., N. H. A H., P. C. Div.,46, 
41 Deb., 4s, 
Naugatuck, 4s, 

Northern R. R. Co. of N. J., 6s, 
N. Y., Providence & Boston, 4s, 
Pitts., McKeesp't & Yough'y, 6s, 
Republican Valley, 
Rome, Watertf wn & Ogdensb'g,68 
Shore Line Railway, 44s, 

St. Louis AMer. Bridge Ter., 5s, 
St. P.,Minn. &Man.,Dak. Ex.,6s, 

it tt l« «C gg 

41 Mont. Ex.,4s! 

4is, 

Terre Haute & Indianapolis, 5s, 

Willmar & Sioux Falls, 5s, 

Cedar Rapids & Missouri Ri v., 7s, 

Dee Moines & Minneapolis, 7s, 

Madison Extension, 7s, 

Menominee Extension, 7s 

Milwaukee & Madison, 6s, 

" L.S.&W.,Mich. Div.%68, 

" Ashl'd " 

Northwest Unions, 7s, 

Northern Illinois, 5s, 

Ottumwa, C. Falls & St. Paul, 5s, 

Tomah Division, 



1917, 

1908, 

1948, 

1940, 

1921, 

1958, 

1951, 

1917, 

1907, 

1988, 

1912, 

1918, 

1940, 

1984, 

1949, 

1987, 

1926, 

1914-15, 

1921, 

1904, 

1947, 

1954, 

1917, 

1942, 

1982, 

Opp., 

1910, 

1910, 

1930, 

1910, 

1910, 

1987, 

1988, 

1925, 

1938, 

1916, 

1907, 

1911, 

1911, 

1905, 

1924, 

1925, 

1917, 

1910, 

1909, 

1905, 



Totals, $14,752,900.00 



PAB 
VALUE. 



100,000.00 
80,000.00 
18,000.00 

250,000.00 
40,000.00 

150,000.00 

175,000.00 

60,000.00 

25,000.00 

5,000.00 

154,000.00 
13,000.00 
50,000.00 
50,000.00 
15,000.00 
50,000.00 
21,000.00 
75,000.00 

115,000.00 

250,000.00 

150,000.00 

100,000.00 
10,000.00 
11,000.00 
50,000.00 
2,400.00 
50,000.00 

200,000.00 
50,000.00 
35,000.00 
85,000.00 

150,000.00 

150,000.00 
75,000.00 

128,000.00 
50,000.00 
10,000.00 
75,000.00 

125,000.00 

10,000.00 

10,000.00 

5,000.00 

125,000.00 
50,000.00 

125,000.00 
95,000.00 



BOOK 
VALUB. 



100,000.00 
80,000.00 
18,000.00 

250,000.00 
40,000.00 

147,250.00 

171,875.00 

50,000.00 

25,000.00 

5,000.00 

154,000.00 
13,000.00 
50,000.00 
50,000.00 
15,000.00 
50,000.00 
21,000.00 
75,000.00 

115,000.00 

250,000.00 

150,000.00 

100,000.00 
10,000.00 
11,000.00 
50,000.00 
2,400.00 
50,000.00 

200,000.00 
50,000.00 
35,000.00 
35,000.00 

150,000.00 

150,000.00 
75,000.00 

123,000.00 
50,000.00 
10,000.00 
75,000.00 

125,000.00 

10,000.00 

10,000.00 

5,000.00 

125,000.00 
50,000.00 

125,000.00 
95,000.00 



MARKET 
VALUB. 



188,000.00 

81,000.00 

18,000.00 

242,500.00 

48,000.00 

142,500.00 

166,500.00 

62,500.00 

27,000.00 

6,500.00 

161,500.00 

14,500.00 

52,500.00 

58,000.00 

15,000.00 

66,000.00 

24,000.00 

97,500.00 

149,500.00 

262,500.00 

159,000.00 

110,000.00 

11,500.00 

11,400.00 

63,500.00 

2,400.00 

58,000.00 

208,000.00 

58,000.00 

[ 77,000.00 

154,500.00 

165.500.00 
78,500.00 

145,000.00 
64,500.00 
10,500.00 
78,500.00 

147,500.00 

10,500.00 

18,000.00 

6,500.00 

168,500.00 
58,500.00 

132,500.00 
96,000.00 



4.784,705.00 5,211,100.0C 



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204 



BANK COMMISSIONERS' BEPOBT. 



THE NEW HAVEN SAVINGS BANK.— Continued. 
IN VESTMENTS.— Coirrnnjro. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 


VALUE. 


VALUE. 


value! 


BANK STOCKS. 








85 shares City National, New Haven, $ 


8,500.00 


8,500.00 


12,580.00 


850 " Merchants National, " 


17,500.00 


17,500.00 


22,750.00 


85 '• Mechanics Bank, 


5,100.00 


5,100.00 


5,855.00 


100 " National New Haven, " 


10,000.00 


10,000.00 


10,500.00 


200 " National Tradesmen's, " 


20,000.00 


20,000.00 


84,000.00 


1000 " New Haven Co. Nat., " 


10,000.00 


10,000.00 


15,000.00 


150 " Second National, 


15,000.00 


15,000.00 


^9,250.00 


185 '« Yale 


18,500.00 


18,500.00 


24,050.00 


Totals, $ 


104,600.00 


104,600.00 


162,485.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 80,196; total amount, (6,126,298.59 

2 Number of depositors having $1,000 and 

not over $2,000, . . 8,064; total amount, 8,966,591.98 
8 Number of depositors having over $2,000 

and not over $10,000 967; total amount, 2,698,957.18 

4 Number of depositors having over $10,000, 2; total amount, 24,046.71 

5 Total number of depositors, 84,229; total deposits,$12,810,889.46 

6 Largest amount due a single depositor 12,842.52 

7 Number of accounts opened during the past year, 5, 856 ; number 

closed, 4,509 ; increase, 1,847. 

8 Amount deposited, including interest credited, during the past 

year 8,818,784.75 

9 Amount withdrawn during the past year, 2,956,582.92 

10 Amount of increase 862,201.83 

11 Total of interest and profit and loss, and rent 

accounts per last report $265,421.98 

12 Amount of income received during the year, 609,018.89— 874,485.82 
18 Total expenses including salaries during the 

year 81.289.54 

14 State tax during the year 28,548.32 

15 Town and city taxes and assessments paid, 1,885.84 

16 Net amount of premiums charged off, . 75,276.80 

17 Ail other amounts charged off, .... 4,797.41 

18 Dividends, If per cent, paid Jan. 1, 1904; amount, 206,274.48 

If per cent paid July 1, 1904; amount, 210,859.48 

19 Net amount carried to surplus, .... 50,000.00 

20 Total of interest and profit and loss, and rent 

accounts per this report 266,505.00— 874,485.82 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 5,200.00 
28 Loans on real estate — are they all first mortgages ? Tes 



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BANK COMMISSIONERS' EEPOET. 



205 



THE NEW HAVEN SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Contintjbd. 

34 Largest amount loaned on mortgage to any one individual, firm, 
company, society, or corporation 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, fourth Wednesday in May. 
90 Date of annual meeting to elect President, Treasurer, and other 
officers, fourth Wednesday in May. 



$125,000.00 

170,000.00 

150,000.00 






Officers.— President, Samuel E. Merwin; Vice-President, Augustus H. 
Eimberly ; Treasurer, Robert A. Brown ; Directors or Trustees, Henry D. White, 
Walter B. Law, Oliver S. White, William R. Tyler, George J. Brush, Ezekiel G. 
8toddard t Willis B. Miller, George W. Curtis, Lewis H. English, Samuel Hem- 
ingway, Joseph Porter, Winston J. Trowbridge, John Brewster Fitch. 



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206 



BANK COMMISSIONERS' BEPOET. 



NEW MILFORD SAVINGS BANK. 

H. LeRoy Randall, Treasurer. Incorporated, 1858. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 


Loans on real estate, 


1715,592.00 


Whole amount of deposits, $1,568,886.78 


Loans on collateral security, 


28,083.00 


Surplus account, . 105,000.00 


Loans on personal security 




Interest account, less cur- 


only, .... 


52,882.92 


rent expenses, and taxes 


Town, city, and borough 




paid 44,779.91 


notes and orders, . 


58,500.00 




Town, city, school district, 






and corporation bonds, . 


853,500.00 




Railroad bonds, 


221,350.00 




Bank stocks in Connecticut, 


75,287.17 




Real estate by foreclosure, 


89,651.37 




Banking house, 


80,000.00 




Insurance and taxes ad- 






vanced on real estate 






mortgaged, 


45.25 




Premium account, . 


88,972.91 




Sundry account, 


279.90 




Cash in banks, . 


98,947.78 




Cash in vault, . 


5,674.84 




Total Assets, . . $1,718,166.64 


Total Liabilities, . $1,718,166.64 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

New Milford, Conn., , $ 
New Milford Fire Association, .... 


49,500.00 
4,000.00 


49,500.00 
4,000.00 


49,500.00 
4,000.00 


Totals, $ 

TOWN, CTTT, SCHOOL DISTRICT, AND CORPORATION 
BONDS. 

Paterson, N. J., 5s, 1907, $ 

" " 4s ' 1914 
Sioux City, Iowa, 4*s, 1920,' 
Omaha, Neb., 4s, 1920, 
Kansas City, Mo., 4*8, 1915, 
New York, N. Y., Sis, 1928, 
Woonsocket, R. I., 4s, 1907, 
Pueblo, Col. (op., 1906-1907), 4*s, 1914, 
" " 448 1914 
Killingly, Conn., 8fr 1920^ 


58,500.00 

5,000.00 

5,000.00 

10,000.00 

18,000.00 

20,000.00 

10,000.00 

12,000.00 

8,000.00 

8,000.00 

25,000.00 


58,500.00 

5,000.00 

5,000.00 

10,000.00 

18,000.00 

20,000.00 

10,000.00 

12,000.00 

8,000.00 

8,000.00 

25,000.00 


58,500.00 

5,150.00 

5,100.00 

10,500.00 

18,500.00 

21,500.00 

10,500.00 

12,000.00 

8,100.00 

8,400.00 

25,000.00 



Digitized by 



Google 



BANK COMMISSIONERS' REPORT. 



207 



NEW MILFORD SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



PAR 
VALUE. 



BOOK 
VALUE. 



MARKET 
VALUE. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. — CONTINUED. 



New Canaan, Conn., 
Dan bury, " 

Fairfield, 
Muskegon, Mich., 

Waterbury, Conn., 

Meriden, 

Kansas City, Kan., 



3*s, 
4s, 
3*s, 
4s, 
4s, 
4s, 
4s, 
6s, 
6s, 
6s, 
5s, 
5s, 
5s, 
5s, 
5s, 
5s, 
5s, 
N. E. Sch. Dist., Hartf'd, Conn., 8*s, 
Kansas City, Kan., 5s, 

Cincinnati, Ohio, 7s, 



Columbus, 
Toledo, 



Dayton, 

Canton, 
<< 

Denver, Col., 



Totals, 



5s, 

3,000 op. 1901), 5s, 
8*8, 

6s, 

4*8, 
4*8, 

4s, 



1929, $ 

1905-1910, 

1916, 

1921, 

1934, 

1914, 

1910, 

1907, 

1908, 

1909, 

1905, 

1906, 

1907, 

1908, 

1909, 

1910, 

1911, 

1981, 

1928, 

1908, 

1907, 

1911, 

1920, 

1917, 

1904, 

1912, 

1918, 

1907, 



RAILROAD BONDS. 



Chicago, Burl. & Quincy, 111. Div., 8*s, 

Illinois Central, Middle " 5s, 

Chicago & Northwestern : — 

Toman " 6s, 

Mil. & Madison " 6s, 

New York & Long Branch, 4s, 

Concord & Montreal, 4s, 

Chicago, Rock Island & Pacific, 4s, 
St. P., Minn. & Manitoba, con. mtge., 4*s, 

Eastern Railway of Minnesota, 5s, 
St. Paul, Minn. & Manitoba:— 

Mont. Central, 6s, 

Consolidated Mortgage, 6s, 

Eastern Railway of Minnesota, 4s, 

Chi., Mil. & St. Paul, gen. mtge., 4s, 



1949, $ 
1921, 

1905, 
1905, 
1941, 
1920, 
1988, 
1933, 
1908, 

1987, 
1933, 
1948, 
1989, 



16,000.00 

10,000.00 

5,000.00 

10,000.00 

20,000.00 

1,000.00 

1,000.00 

2,500.00 

2,500.00 

4,000.00 

4,000.00 

6,000.00 

6,000.00 

2,000.00 

1,000.00 

1,000.00 

1,000.00 

10,000.00 

500.00 

25,000.00 

5,000.00 

12,000.00 

85,000.00 

8,000.00 

1,000.00 

10,000.00 

25,000.00 

13,000.00 



16,000.00 

10,000.00 

5,000.00 

10,000.00 

20,000.00 

1,000.00 

1,000.00 

2,500.00 

2,500.00 

4,000.00 

4,000.00 

6,000.00 

6,000.00 

2,000.00 

1,000.00 

1,000.00 

1,000.00 

10,000.00 

500.00 

25,000.00 

5,000.00 

12,000.00 

85,000.00 

3,000.00 

1,000.00 

10,000.00 

25,000.00 

13,000.00 



358,500.00 



80,000.00 
5,000.00 

10,000.00 
3,000.00 
10,000 00 
23,000.00 
15,000.00 
15.000.00 
12,000.00 

20,000.00 

26,000.00 

5,000.00 

25,000.00 



858,500.00 



29,350.00 
5,000.00 

10,000.00 
3,000.00 
10,000.00 
23,000.00 
15,000.00 
15,000.00 
12,000.00 

20,000.00 

26,000.00 

5,000.00 

25,000.00 



16,000.00 

10,000.00 

5,000.00 

10.300.CO 

21,200.00 

1,000.00 

1,000.00 

2,600.00 

2,700.00 

4,400.00 

4,100.00 

6,200.00 

6,250.00 

2,100.00 

1,050.00 

1,060.00 

1,075.00 

10,000.00 

600.00 

28,500.00 

5,200.00 

13,000.00 

35,000.00 

8,100.00 

1,000.00 

10,500.00 

26,200.00 

13,000.00 



866,885.00 



28,800.00 
5,600.00 

10,200.00 
3,150.00 
10,800.00 
24,500.00 
15,800.00 
16,650.00 
12,600.00 

26,500.00 

85,000.00 

5,000.00 

27,500.00 



Digitized by 



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208 



BANK COMMISSIONERS EEPOET. 



NEW MIL FORD SAVINGS BANK.— Continued. 
INVESTMENTS.— Contdtobd. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 










VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. — CONTINUED. 








Dakota & Gt. Southern, 5s, 1916. $ 


8,000.00 


8,000.00 


9,000.00 


Ashland Coal & Iron, Ky., 4s, 1925, 


10,000.00 


10,000.00 


10,000.00 


New York, New Haven & Hartford, 8*8, 1947, 


5,000.00 


5,000.00 


5,000.00 


Totals, $ 


222,000.00 


221,350.00 


245,100.00 


BANK STOCKS. 








106 shares First Nat., New Mil ford, Conn., $ 


10,600.00 


18,170.00 


16,000.00 


13 « 


' Connecticut Nat., Bridgeport, " 


1,800.00 


1,865.00 


2,000.00 


94 ' 


1 Pequonnock '* •' " 


9,400.00 


10,466.00 


14,000.00 


80 ' 


1 Bridgeport " 


4,000.00 


5,678.00 


7,000.00 


60 ' 


t City 


6,000.00 


6,970.00 


9,500.00 


8 * 


' National Iron, Falls Village, " 


800.00 


800 00 


800.00 


10 • 


1 First Nat., Middletown, " 


1,000.00 


1,140.00 


1,200.00 


17 ' 


' Middlesex Co. 11 


1,700.00 


1,937.00 


1,700.00 


17 « 


1 Middletown '« 


1,275.00 


1,895.50 


1,800.00 


16 * 


' First " Meriden, 


1,600.00 


2,262.67 


8,200.00 


19 • 


' First " Hartford, 


1,900.00 


2,057.00 


2,700.00 


50 ' 


• Hartford 


5,000.00 


7,000.00 


6,700.00 


55 * 


* Union Bank, New London," 


5,500.00 


5,500.00 


5,800.00 


80 • 


• Nat. B'k of Com'rce, " 


8,000.00 


4,140.00 


4,800.00 


8 ' 


' City Nat., So. Norwalk, " 


800.00 


, 856.00 


1,800.00 


85 ' 


' Danbury . " Danbury, •' 


8,500.00 


8,770.00 


3,500.00 


68 " Waterbury •■ Waterbury, " 


8,400.00 


5,780.00 


5,700.00 


To 


tals . $ 


60,775.00 


75,287.17 


87,200.00 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000 

2 Number of depositors having $1 ,000 and 

not over #,000, .... 

3 Number of depositors having over $2, 000 

and not over $10,000, 

4 Number of depositors having over $10,000, 



8,967; total amount, 

877; total amount, 

64; total amount, 
0; total amount, 



5 Total number of depositors, . . 4,408; total deposits, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 612; number 

closed, 600; increase, 12. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year, 

10 Amount of increase 



$928,983.88 

472,690.84 

166,762.06 


$1,568,386.78 
$8,602.45 



891,918.05 

875,588.98 

16,824.07 



Digitized by 



Google 



EEPOET. 209 



NEW MILFORD SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

11 Total of interest and profit and loss, and rent ac- 

count per last report, $52,669.07 

12 Amount of income received during the year, 76,004.69— $128,678.76 
18 Total expenses, including salaries, during the 

year, 6,875.87 

14 State tax during the year, 2,849.51 

15 Town and city taxes and assessments paid, 780.41 

16 Net amount of premiums charged off, 5,792.10 

17 All other amounts charged off, . . . . 11,741.51 

18 *Dividends, 2 per cent, paid Oct. 1, 1908; amount, 28,014.22 

2 percent, paid April 1, 1904; amount, 27,840.78 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss, and rent ac- 

counts per this report, ..... 44,779.91— 128,673.76 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate — are they all first mortgages ? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 80,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 25,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 5,000.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 8£+ 

28 Net income from foreclosed real estate during the past year, . 1,295.21 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July, 1904. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, July, 1904. 

Officers.— President, Isaac B. Bristol; Treasurer, H. LeRoy Randall; 
Assistant Treasurer Edwin J. Emmons ; Directors or Trustees, Chas. H. Booth, 
Geo. W. Anthony, Chas. M. Beach, H. LeRoy Randall, J. LeRoy Buck. 

* *K per cent, per annum on account* oyer $1,000 and not oyer $8,000; 8 per cent per annnm on 
account* over $8,000 and not oyer $5,000; fyi per cent, per annum on accounts oyer $6,000. 



Digitized by LjOOQIC 



210 



BAETK COMMISSIONERS' REPORT. 



NEWTOWN SAVINGS BANK. 



Arthur T. Nettleton, Treasurer. 



Incorporated, 1855. 



STATEMENT, OCTOBER 1, 1904. 




ASSETS. 




LIABILITIES. 




Loans on real estate, 


$858,689.26 


Whole amount of deposits, 


$770,260.87 


Loans on collateral security, 52,918.49 


Surplus account, 


25,000.00 


Loans on personal security 




Interest account, less cur- 




only 


8,249.55 


rent expenses, and taxes 




Town, city, and borough 
notes and orders, . 




paid 


17,018.81 


4,400.00 


Profit and loss account, 


715.16 


United States bonds, 


100.00 






Town, city, school district, 








and corporation bonds, 


42,600.00 






Railroad bonds, 


221,500.00 






Bank stocks in Connec- 








ticut, .... 


46,000.00 




* 


Real estate by foreclosure, 


10,000.00 






Premium account, . 


6,000.00 






Cash in banks, 


15,025.11 






Cash in vault, 


12,962.48 


Total Liabilities, 




Total Assets, . 


$812,989.84 


$812,989.84 



INVESTMENTS. 







FAR 


BOOK 


MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


UNITED STATES BONDS. 








Fours of 1907, registered, 


. . . $ 


100.00 


100.00 


106.06 


TOWN, OTTT, AND BOROUGH NOTES AND ORDERS. 








Town of Newtown notes, 


. . .$ 


4,400.00 


4,400.00 


4,400.00 


TOWN, CITY, SCHOOL DISTRICT, 


AND OORPORA- 








TION BONDS. 










City of Bridgeport, 
" Cincinnati, 


5s, 1908, $ 


5,500.00 


5,500.00 


5,775.00 


6s, 1909, 


1,000.00 


1,000.00 


1,090.00 


" Los Angeles, 


4*8, 1906, 


2,600.00 


2,600.00 


2,680.00 


«« «« 


5s, 1908, 


1.000.00 


1,000.00 


1,025.00 


" Pueblo, 


5s, 1912, 


6,000.00 


6,000.00 


6,860.00 


" Sioux City, 


4is, 1908, 


5,000.00 


5,000.00 


5,000.00 


" Topeka, 


5s, 1906, 


2,000.00 


2,000.00 


2,000.00 


«t i< 


5s, 1918, 


15,000.00 


15,000.00 


15,820.00 


«« i« 


5s, 1915, 


8,500.00 


8,500.00 


8,600.00 


Town of South Denver, 


6s, 1906, 

. . . $ 


1,000.00 


1,000.00 


1,000.00 


Totals, .... 


42,600.00 


42,600.00 


44,800.00 



Digitized by LjOOQIC 



BANK COMMISSIONERS 7 REPORT. 



211 



NEWTOWN SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. 

Baltimore & Cumberland Valley, 6b, 1981, $ 

Bar. , Cedar Rapids & Northern, 5s, 1906, 

Central R. R. Co. of New Jersey, 5s, 1987, 

Chic, Bur. & Quincy Extension, 4s, 1905, 

Chicago & Eastern Illinois, 5s, 1937, 

Chicago, R. I. & Pacific, gen. mtge, 4s, 1988, 

Chic, Mil., & St. Paul, gen. mtge., 4s, 1989, 

Dubuque Division, 6s, 1920, 

La Crosse & Davenport Div., 5s, 1919, 

Southwestern Division, 6s, 1909, 

Chicago & P. W. " 5s, 1921, 

So. Minn., 6s, 1910, 

Chicago & Northwestern: — 

Milwaukee & Madison, 6s, 1905, 

Northwestern Union, 7s, 1917, 

Northern Illinois, 5s, 1910, 

Detroit, Grand Rap. & Western, 4s, 1946, 

Evansville & Terre Haute:— 

Sullivan Co. Coal Branch, 5s, 1980, 

Iowa Falls & Sioux City, 7s, 1917, 

Minneapolis & St. Louis, 7s, 1907, 

Southwest Pennsylvania, 7s, 1917, 

Sunbury, Hazleton & Wilkesbarre, 6s, 1928, 

St. Paul. Minneapolis & Manitoba:— 

Consol, 4*8, 1988, 

Montana Ext., 4s, 1987, 

Dakota Ext., 6s, 1910, 



Totals, 



BANK STOCKS. 



92 shares Bridgeport National, 



68 

40 

57 

10 

64 

6 

17 

8 

8 

2 

150 



City 

Pequonnock 

Danbury 

City 

First 



Bridgeport, 



Danbury, 
New Milford, 
Norwich, 



Uncas 

Thames 

Merchants 

Nat. Bank of Commerce, N. London, 

New London City National, 

Waterbury National, 



Totals, 



PAR 

VALUE. 



10,000.00 
8,500.00 

15,000.00 
5,000.00 
5,000.00 

30,000.00 

10,000.00 
5,000.00 

•§,000.00 
7,000.00 
5,000.00 
5,000.00 

4,000.00 

20,000.00 

4.000 00 

7,500.00 

10,000.00 

6,000.00 

8,000.00 

10,000.00 

17,500.00 

10,000.00 

10,000.00 

1,000.00 



$ 221,500.00 



4,600.00 

6,900.00 

6,800.00 

4,000.00 

5,700.00 

1,000.00 

6,400.00 

600.00 

1,700.00 

800.00 

800.00 

200.00 

7,500.00 



BOOK 
VALUE. 



10,000.00 

8,500.00 

15,000.00 

5,000.00 

5,000.00 

80,000.00 

10,000.00 

5,000.00 

8,000.00 

7,000.00 

5,000.00 

5,000.00 

4,000.00 

20,000.00 

4,000.00 

7,500.00 

10,000.00 

6,000.00 

8,000.00 

10,000.00 

17,500.00 

10,000.00 

10,000.00 

1,000.00 



221,500.00 



4,600.00 

6,900.00 

6,800.00 

4,000.00 

5,700.00 

1,000.00 

6,400.00 

600.00 

1,700.00 

-800.00 

800.00 

200.00 

7,500.00 



$ 46,000.00 46,000.00 



MARKET 
VALUE. 



12,200.00 
8,750.00 

19,950.00 
5,000.00 
6,000.00 

81,425.00 

10,925.00 
6,275.00 
9,160.00 
7,785.00 
5,800.00 
6,575.00 

4,100.00 

26,200.00 

4,190.00 

7,875.00 

10,000.00 

7,800.00 

8,520.00 

12,700.00 

18,800.00 

11,060.00 

10,860.00 

1,120.00 



250,500.00 



8,280.00 
10,695.00 
9,450.00 
4,000.00 
5,700.00 
1,500.00 
4,480.00 

600.00 
2,720.00 

345.00 
1,120.00 

270.00 
12,000.00 



81.160.00 



Digitized by 



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212 



BANK COMMISSIONERS' EEPOET. 



NEWTOWN SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000, 

2 Number of depositors having $1 ,000 and 

not over $2,000, .... 

3 Number of depositors having over $2,000 

and not over $10,000, 

4 Number of depositors having over $10,000 



8 

9 

10 
11 

12 
18 
14 
15 
16 
17 



1,480 ; total amount, 

158; total amount, 

58 ; total amount, 
; total amount, 



5 Total number of depositors, 1,650 ; total deposits, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 207 ; num- 
ber closed, 188 ; increase, 69. 

Amount deposited, including interest credited, during the past 

year, . , . 

Amount withdrawn during the past year, 
Amount of increase, .... 

Total of interest and profit and loss, and rent 

accounts per last report, 
Amount of income received during the year, 
Total expenses including salaries during the year, 
State tax during the year, .... 
Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
All other amounts charged off, 

18 'Dividends, 2 per cent, paid Oct. 1908; amount, 

2 per cent, paid April 1904 ; amount, 

19 Net amount carried to surplus 

20 Total of interest and profit and loss, and rent ac 

counts per this report, .... 

21 Amount of past due paper at this time is . 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages? 

24 Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, .... 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, .... 

26 Largest amount of collateral loan to any one individual, firm 

company, society, or corporation 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, October. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, October. 



$882,574.45 

197,097.61 

190,588.81 


$770,260.87 
8,469.22 



178,505.87 

147,487.88 

81,068.04 



$17,525.05 

88,213.65— 

2,852.87 

1,848.82 

841.10 

1,600.00 

2,799.65 

18,864.55 

18,708.24 

2,000.00 

17,728.97— 



55,788.70 



55,788.70 



988.00 

Yes 

21,000.00 

595.00 

14,000.00 






Officers.— President, David C. Peck ; Treasurer, Arthur T. Nettleton ; 
Directors or Trustees, Daniel G. Beers, David C. Peck, Philo Nichols, John B. 
Wheeler, Theron E. Piatt, Cornelius B. Taylor Henry G. Curtis, Hobart H. 
Curtis, Frank Wright, Arthur T. Nettleton, Edward S. Lovell, Robert C. Mitchell, 
William J. Beecher, Wm. Homer Hubbell, William A. Leonard, Eli B. Beers. 

* 8t per cent, per annum on excess of $1,000. 



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BANK COMMISSIONERS' BEPORT. 



218 



NORFOLK SAVINGS BANK. 

Myron N. Clark, Treasurer. Incorporated, 1860. 

STATEMENT,* OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, 


$101,200.60 


Whole amount of deposits, 


$217,712.57 


Loans on collateral security, 


5,833.72 


Surplus account, 


10,500.00 


Loans on personal security 




Interest account, less cur- 




only 


9,378.00 


rent expenses, and taxes 




Town, city, and borough 




paid 


2,660.83 


notes and orders, . 


2,000.00 


Profit and loss account, . 


418.78 


School district notes and 




Rent account, . 


15.00 


orders, .... 


2,200.00 






Town, city, school district, 








and corporation bonds, . 
Railroad bonds, 


13,000.00 






50,000.00 






Bank stocks in Connecticut, 


21,050.00 






Bank stocks in other states, 


8,800.00 






Real estate by foreclosure, 


1,026.45 






Banking house, 


6,000.00 






Insurance and taxes ad- 








vanced on real estate 








mortgaged, . 


2.50 






Premium account, 


625.00 






Cash in banks/ . 


13,895.90 






Cash in vault, . 


1,795.01 


Total Liabilities, 




Total Assets, 


$281,307.18 


$281,807.18 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOBOUGH NOTES AND ORDERS, 

Town of Norfolk $| 2,000.00 

SCHOOL DISTRICT NOTES AND ORDERS. 

Norfolk Center School district, . $ 



TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

Pueblo, Col., 5s, 1912, $ 

Kansas City, Kansas, 4s, 1918, 

South Bend, Ind., 6s, 1907, 



Totals, 



PAR 


BOOK 


MARKET 


VALUE. 


VALUE. 


VALUE. 


2,000.00 


2,000.00 


2,000.00 


2,200.00 


2,200.00 


2,200.00 


5,000.00 
5,000.00 
3,000 00 


5,000.00 
5,000.00 
8,000.00 


5,162.50 
5,025.00 
8,165.00 


13,000.00 


13,000.00 


18.852.50 




Digitized by V 


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214 



BANK COMMISSIONERS' BBPOBT. 



NORFOLK SAVINGS BANK.— Continued. 



INVESTMENTS.— Cohtdtobd. 



• 
DESCRIPTION. 


PAR 


BOOK 


MARKBT 




TALUS. 


VALUE. 


VALUE. 


RAILROAD BONDS. 




- 




Ashland Coal & Iron Ry. Co., 4s, 1925, $ 
Chicago, Rock Island & Pacific, 4s, 1988, 


5,000.00 


5,000.00 


5,075.00 


5,000.00 


5,000.00 


5,250.00 


Genessee & Wyoming, 5s, 1929, 


10,000.00 


10,000.00 


11,600.00 


Minneapolis <& St. Louis, 4s, 1949, 


15,000.00 


15,000.00 


15,000.00 


Potomac Valley, 5s, 1941, 


10,000.00 


10,000.00 


11,600.00 


Skaneateles, 5s, 1910, 


5,000.00 


5,000.00 


5,250.00 


Totals, $ 


50,000.00 


50,000.00 


58,675.00 


BANK STOCKS. 








80 shares City National, Danbury, Conn., $ 


8,000.00 


8,000.00 


8,150.00 


10 ' 


4 Middlesex Co. •• Middletown, " 


1,000.00 


1,000.00 


1,000.00 


10 ' 


• First 


1,000.00 


1,000.00 


1,000.00 


20 ' 


' Columbia Trust Co., 


2,000.00 


2,000.00 


2,020.00 


10 ' 


' Meriden National, Meriden, " 


1,000.00 


1,000.00 


1,050.00 


27 ' 


1 First " Norwich, 


2,700.00 


2,700.00 


2,700.00 


20 4 


4 Uncas " " < 4 


2,000.00 


2,000.00 


2,000.00 


4 ' 


4 First l4 Hartford, " 


400.00 


400.00 


560.00 


10 ' 


« Hartford 


1,000.00 


1,000.00 


1,850.00 


8 ' 


* City Bank of 


800.00 


800.00 


. 720.00 


28 4 


4 American 


1,150.00 


1,150.00 


1,810.00 


1 « 


4 National Iron, Falls Village, " 


100.00 


100.00 


100.00 


8 • 


• Thomaston National, Thomaston, ' ' 


800.00 


800.00 


840.00 


10 ' 


4 First " Winsted, 


1,000.00 


1,000.00 


1,050.00 


25 ' 


4 First " Wallingford, 4 ' 


2,500.00 


2,500.00 


8,000.00 


6 ' 


4 Southington " Southington. " 
4 Merchants Ex. National, New York, 


600.00 


600.00 


600.00 


86 ' 


1,800.00 


1,800.00 


2,970.00 


20 ' 


4 Merchants M " 


1,000.00 


1,000.00 


1,800.00 


5 • 


4 Market A Fulton 44 


500.00 


500.00 


1,250.00 


20 « 


4 Mercantile " ** 


500.00 


500.00 


1,225.00 


T 


otals, $ 


24,850.00 


24,850.00 


29,995.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, . 685 ; total amount, $118,864.76 

2 Number of depositors having $1,000 and 

not over $2,000, 46 ; total amount, 59,946.75 

8 Number of depositors having over $2,000 

and not over $10,000 16 ; total amount, 40,901.06 

4 Number of depositors having over $10,000, ; total amount, 

. 747; total deposits, $217,712.57 

Digitized by LjOOQ IC 



5 Total number of depositors, 



BANK COMMISSIONED' BSFOBT. 



215 



NORFOLK SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 75 ; number 

closed, 47 ; increase, 28. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year, 

10 Amount of increase, 

11 Total of interest and profit and loss, and rent ac- 

counts per last report, 

12 Amount of income received during the year, 

13 Total expenses including salaries during the year, 

14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, .... 

18 Dividends, 2 per cent, paid Jan. 1, 1904 ; amount, 

2 per cent, paid July 1, 1904 ; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 

23 Loans on real estate — are they all first mortgages? 

24 Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, .... 

25 Largest amount of personal loan to any one individual, firm 

company, society, or corporation, .... 

26 Largest amount of collateral loan to any one individual, firm 

company, society, or corporation, . 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Monday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, second Monday in July. 



$2,947.13 

10,864.00— 

903.10 

283.93 

59.85 

947.50 



8,969.40 

4,052.74 

500.00 

8,094.61 - 



$4,105.44 



54,281.89 
40,655.86 
18,625.58 



18,811.18 



18,811.18 



6,575.00 

Yes 

6,000.00 

3,000.00 

2,400.00 






Offiomw.— President, R. I. Crissey; Vice-President, Moses F. Grant ; Treas- 
urer, Myron N. Clark ; Directors or Trustees, G. R. Bigelow, Wallace Can field, 
A. B. Garfield, I. L. Hamant, M.D., H. P. Lawrence, William O'Connor, H. A. 
Stanard, O. H. Stanard, W. A. Spaulding. 



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216 



BANK COMMISSIONERS 7 BEPOBT. 



THE NORWALK SAVINGS SOCIETY. 

Frederick A. Ells, Treasurer. . Incorporated, 1849. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, 


1419,094.00 


Whole amount of deposits, 


$2,876,626.40 


Loans on collateral security, 


261,361.28 


Surplus account, 


100,000.00 


Loans on personal security 




Interest account, less cur- 




only 


20,885.00 


rent expenses, and taxes 




Town, city, and borough 




paid 


11,476.53 


notes and orders, . 


46,500.00 


Profit and loss account, . 


112,288.64 


School district notes and 




Rent account, . 


678.74 


orders, .... 


9,000.00 






Town, city, school district, 








and corporation bonds, . 


700,447.00 






Railroad bonds, 


1,888,961.25 






Bank stocks in Connecticut, 


88,014.50 






Bank stocks in other states, 


82,150.47 






Real estate by foreclosure, 


98,062.28 






Banking-house, . 


20,000.00 






Furniture and fixtures, 


2,000.00 






Cash in banks, . 


61,043.87 






Cash in vault, . 


4,096.25 
13,101,065.80 


Total Liabilities, 




Total Assets, 


$8,101,065.30 



INVESTMENTS. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 








Town of Norwalk, $ 

City of Norwalk, 


40,000.00 
6,500.00 


40,000.00 
6,500.00 


40,000.00 

6,500.00 


Totals, $ 


46,500.00 


46,500.00 


46,500.00 


SCHOOL DISTRICT NOTES AND ORDERS. 








Center School, Norwalk, $ 


9,000.00 


9,000.00 


9,000.00 


town, crrr, school district, and corpora- 








tion BONDS. 








City of Cincinnati, O., 7^fts, 1906, $ 

'« " 7s, 1908, 

6s, 1909, 

" Chicago, 111., 4s, 1921, 

" Omaha, Neb., 5s, 1912, 

4*s, 1910, 


45,000.00 
10,000.00 
20,000.00 
100,000.00 
10,000.00 
15,000.00 


45,500.00 
10,300.00 
20,400.00 
100,000.00 
10,200.00 
15,000.00 


48,500.00 
11,250.00 
22,100.00 
105,000.00 
10,725.00 
15,400.00 



Digitized by 



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BANK COMMISSIONERS KEPOET. 

THE NOR WALK SAVINGS SOCIETY.— Continued. 
INVESTMENTS.— Cohtihubd. 



217 



DESCRIPTION. 




PAR' 


BOOK 


MARKET 






► CORPORA- 


VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, ANI 




TION BONDS.— CONTINUED. 








City of Omaha, Neb., 


4s, 


1908, $ 


4,000.00 


4.000.00 


4,000.00 


a if 


4*s, 


1924, 


25,000.00 


26.775.00 


27,000.00 


Scran ton, Pa., 


4*8, 


1914, 


50.000.00 


52.000.00 


54,100.00 


Wilkesbarre, " 


4*s, 


1909-24, 


24,000.00 


24,000.00 


25,600.00 


Nor walk, Conn., 


4s, 


1907, 


10,000.00 


10,000.00 


10,100.00 


Minneapolis, Mian. 


,4s. 


1920, 


25,000.00 


25.000.00 


26,800.00 


** *« ** 


4s, 


1917, 


25,000.00 


•25,000.00 


26,550.00 


St. Paul, 


4s, 


1919, 


20,000.00 


20,000.00 


21,000.00 


•i a << 


4s, 


1920, 


19,000.00 


19,000.00 


20,000.00 


H ft << 


5s, 


1909, 


15,000.00 


15,300.00 


15,900.00 


Newark, N. J., 


4s, 


1922, 


25,000.00 


25,000.00 


27,000.00 


Toledo, 0., 


4s, 


1925, 


50,000.00 


50,000.00 


52,000.00 


Portland, Ore., 


5s, 


1925, 


15,000.00 


16,900.00 


17,700.00 


it (« 


5s, 


1928, 


35,000.00 


41,900.00 


42.100.00 


Kansas City, Mo., 


4*s, 


1915, 


20,000.00 


20.900.00 


21,600.00 


" Los Angeles, Cal., 


4s, 


1919-22, 


29,500.00 


29.500.00 


30,300.00 


<i «t «< 


3*s, 


1908, 


24,000.00 


23,772.00 


24.000.00 


Pawtucket, R. I., 


4s, 


1910, 


25,000.00 


25,000.00 


25,800.00 


" Danbury, Conn., 


3*s, 


1941, 


25,000.00 


25,000 00 


25,000.00 


Town of Stonington:— 












18th school dist., 


4s, 


1918, 


10,000.00 


10,000.00 


10,000.00 


Town of Wilton, 


4s, 


1914, 


10,000.00 


10,000 00 


10,000.00 


Totals, . 




. ^ . $ 


685,500.00 


700,447.00 


729,025.00 


RAILROAD BONDS. 




• 






Central of New Jersey : — 












Gen. mortgage, 
Des Moines & Minneapolis, 


5s, 


1987, $ 


50,000.00 


65,000.00 


66,000.00 


7s, 


1907, 


10,000.00 


10,000.00 


10,650.00 


Chic., R. Island & Pacific, 


6s, 


1917, 


50,000.00 


54,400.00 


61.000.00 


<« t* 


4s, 


1988, 


50,000.00 


50,000.00 


52,250.00 


111. Central (Cairo Bridge), 


4s, 


1950, 


25.000.00 


25,000.00 


26,250.00 


Louisville Division, 


&*s, 


1953, 


30,000.00 


30,000.00 


28,800.00 


Middle 


5s, 


1921, 


20,000.00 


21,000.00 


21,600.00 


Chic., Mil. & St. Paul :— 












Chic. &Pac, WestDiv., 


5s, 


1921, 


25,000.00 


28,575.00 


29.000.00 


Lacrosse & Davenport, 


5s, 


1919, 


75,000.00 


80,875.00 


85,800.00 


Mineral Point, 


5s, 


1910, 


25.000.00 


26,275.00 


26,500.00 


Wisconsin & Minn., 


5s, 


1921, 


50,000.00 


57,200.00 


57,750.00 


Gen. Mortgage, 
Wisconsin Valley, 


4s, 


1989, 


25.000.00 


25,000.00 


27,250.00 


7s, 


1909, 


15.000.00 


15,400.00 


16,800.00 


Southwestern, 


6s, 


1909, 


25,000.00 


25,750 00 


27,500.00 


Chic. & Alton, refdg., 


3s, 


1949, 


53,000.00 


47,980.00 


44,785.00 


Terre Haute & Indianapolis, 


5s, 


1925, 


50.000.00 


53,750.00 


54.250.00 


Michigan Central, 


5s, 


1981, 


25,000.00 


27,600.00 


30,250.00 


St. Paul, Minn. & Manitoba 












Dakota Extension, 


68, 


1910, 


50,000.00 


54,400.00 


56,000.00 



Bank— 15 



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218 



BASK COMMISSIONED' REPORT. 



THE NOR WALK SAVINGS SOCIETY.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 

St. Paul, Minn. & Manitoba:— 
Consolidated, 4*8, 

6s, 
Montana Central, 6s, 

Willmar & Sioux Falls, 5s, 
Eastern of Minn., 4s f 

Cleveland & Pittsburg, 3*s, 

N. Y., Lack. & Western, 6s, 
Clearfield & Mahoning, 5s, 

Cleve. & Mahoning Valley, 5s, 
Chic, St. P., M. & Omaha, 6s, 
Chic. & Eastern Illinois, 5s, 

N. Y., N. H. & Hartford, 4s, 
Term. R. R. Asso. of St. L., 4s, 





PAR 




VALUE. 


ED. 

1933, $ 


100,000.00 


1933, 


40,000.00 


1937, 


15,000.00 


1938, 


15,000.00 


1938-48, 


25,000.00 


1948-50, 


50.000.00 


1921, 


75,000.00 


1948, 


50,000.00 


1938, 


75,000.00 


1930, 


50,000.00 


1937, 


25,000.00 


1914, 


50,000.00 


1953, 


15,000.00 



BOOK 
VALUE. 



113,000.00j 

52,912.50! 
19,650.00 
17,550.00 
25,000.00 
50,000.00 
94,700.00 
62,850.00 
94,400. 00! 
67,275.00! 
28,700.00 
50,000.00 
14,718.75 



MARKET 
VALUE. 



110,000.00 

53,600.00 
19,876.00 
17,625.00 
25,500.00 
48,000.00 
96,750.00 
56,500.00 
91,500.00 
67,250.00 
30,000.00 
51,500.00 
14,925.00 



Totals, 



$1,238,000.00 



BANK STOCKS. 



75 shares Fairfield Co. Nat., Norwalk, 



120 
25 
81 
2 
87 
50 
41 
80 
75 
66 
22 
50 



National, 
Central National, 
City 
First 

Danbury " 
Stamford " 
Conn. 
Fourth 

National Park, 
Merchants Nat., 
Market & Fulton, 
German- American , 



So. Norwalk, 

Westport, 

Danbury, 

Stamford, 

.Bridgeport, 

New York, 



Totals, 



7.500.00 
12,000.00 
2.500.00 
3,100.00 
200.00 
8,700.00 
1,500.00 
4,100.00 
8,000.00 
7,500.00 
8,300.00 
2,200.00 
8,750.00 



59,350.00 



1,888,961.25 



1,405,460.00 



7,500.00 

12,901.50 

2,500.00 

3,100.00 

200.00 

3,700.00 

2,250.00 

5,863.00! 

7,978.25 

18,756.25] 

4,198.591 

2,363.00 

3,859.88 



6,700.00 

13,000.00 

2,600.00 

6,000.00 

200.00 

3,800.00 

2,500.00 

6,300.00 

18,000.00 

87,000.00 

5,700.00 

5,500.00 

5,800.00 



70,164.97, 118,100.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 4,884; total amount, 

2 Number of depositors having $1,000 and 

not over $2,000 545; total amount, 

8 Number of depositors having over $2,000 

and not over $10,000, .... 804; total amount, 

4 Number of depositors having over $10,000, 10; total amount, 

5 Total number of depositors, . 5,748; total deposits, $2,676,626.40 

6 Largest amount due a single depositor, 86,177.34 



$926,581.28 

751,800.67 

1,088,420.14 
160,324.86 



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BANK COMMISSIONERS REPORT. 



219 



THE NORWALK SAVINGS SOCIETY.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 



7 Number of accounts opened during the past year, 512; number 

closed, 466; increase, 46. 

8 Amount deposited, including interest credited, during the past 

year, . 

9 Amount withdrawn during the past year, 

10 Amount of increase, 

11 Total of interest and profit and loss, and rent 

accounts per last report, .... 

12 Amount of income received during the year, 

13 Total expenses including salaries during the year, 

14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, 

18 Dividends: 2 per ct. paid Jan. 10, 1904; amount, 

2 per ct. paid July 10, 1904; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent 

accounts per this report, .... 

21 Amount of past due paper at this time is . 

22 Amount of assets yielding no income the past year, 

23 Loans on real estate — are they all first mortgages ? 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 

25 Largest amount of personal loan to any one individual, firm, 

company, society* or corporation 

26 Largest amount of collateral loan to any one individual, firm 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 
about 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, fourth Wednesday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, fourth Thursday in July usually. 



$754,845.96 
596,704.86 
158,141.10 



$123,671.31 

134,624.88— 

7,554.40 

5,133.24 

1,450.82 

11,268.75 

672.98 

53,194.72 

54.582.88 



124,438.90— 



258,296.19 



258,296.19 

200.00 

7,181.68 

Yes 

25,000.00 

6,000.00 

150,000.00 



1,408.97 



Officers. — President, George M. Holmes; Treasurer, Frederick A. Ells; Di- 
rectors or Trustees, George M. Holmes, William A. Curtis, Stephen H. Holmes, 
P. St. John Lockwood, Edward K. Lockwood, Ira Cole, Moses H. Glover, Frede- 
rick A. Ells. 



Digitized by 



Google 



220 



BANK COMMISSIONERS 7 REPORT. 



THE NORWICH SAVINGS SOCIETY. 

Costello Lippitt, Treasurer. Incorporated, 1824. 

STATEMENT, OCTOBER 1, 1904. 



AB6BT8. 

Loans on real estate, . $2,855,463.29 

Loans on collateral sec'y, 571,819.99 
Loans on personal security 

only, .... 68,500.00 
Town, city, and borough 

notes and orders, . 255,078.18 
School district notes and 

orders 25,094.00 

Town, city, school district, 

and.county bonds, . . 4,011,420.00 

Railroad bonds, . 6,960,850.00 
Bank stocks in Connecticut, 145,000.00 

Real estate by foreclosure, 38,043.75 

Banking house, . . 100,000.00 
Insurance and taxes ad- 
vanced on real estate 

mortgaged, . . 83.89 

Premium account, . 450,000.00 

Sundry accounts, 8,928.67 

SafeDep. and Stor. Dep., 17,795.57 

Cash in banks, . . 532,066.18 

Cash in vault, . . . 34,100.51 



Total Assets, 



$16,064,244.08 



LIABILITIES. 

Whole amount of deposits, $15,267,866.05 

Surplus account, . 475,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 244,697.55 

Profit and loss account, . 76,680.48 



Total Liabilities, $16,064,244.08 



INVESTMENTS. 



DESCRIPTION. 



COUNTY, TOWN, CITY, AND BOROUGH NOTES AND 
ORDERS, 

County of New London, 
Borough of Stonington, 
City or Norwich, 
Town of Sprague, 

Stonington, 
" Lisbon, 
" Salem, 

Voluntown, 
" Preston, 
" Ledyard, 
Sterling, 
Norwich, 



Totals, 



PAR 
VALUE. 



3,000.00 

9,000.00 

144.378.18 

22,500.00 

24,000.00 
1,000.00 
9,400.00 

10,000.00 
5,000.00 
2.800.00 
7,000.00 

17,000.00 



BOOK 
VALUE. 



8,000.00 

9,000 00 
144,378.18 

22,500.00 

24,000.00 
1,000.00 
9,400.00 

10,000.00 
5,000.00 
2,800.00 
7,000.00 

17,000.00 



MARKET 
VALUE. 



8,000.00 

9,000.00 
144,378.18 

22,500.00 

24,000.00 
1,000.00 
9,400.00 

10,000.00 
5,000.00 
2,800.00 
7,000.00 

17,000.00 



$ 255,078.18 255,078.181 255,078.18 

Digitized by LjOOSlC 



>g l 



BANK COMMISSIONERS' REPORT. 



221 



THE NORWICH SAVINGS SOCIETY.— Continued. 
INVESTMENTS.— ConTnnntD. 











PAR 


BOOK 


MARKET 




DESCRIPTION. 






VALUE. 


VALUE. 


VALUE. 


SCHOOL DISTRICT NOTES AND ORDEBS. 






Greene vi lie School District, 


Norwich, $ 


7,000.00 


7,000.00 


7,000.00 


Ninth 


f f 


Stonington, 


18,150.00 


18,150.00 


13,150.00 


First 


" 


Preston, 


1,825.00 


1,325.00 


1,325.00 


Third 


f i 


Ledyard, 


119.00 


119.00 


119.00 


Fourth 


f f 


Mootville, 


1,000.00 


1,000.00 


1,000.00 


West Town Street " 


Norwich, 


2,000.00 


2,000.00 


2,000.00 


Mill 


ft 


it 


200.00 


200.00 


200.00 


Bridge 


i * 




1 


300.00 


300.00 


300.00 


Totals, .... 




. . $ 


25,094.00 


_ 
25,094.00 




25,094.00 


TOWN, 


CITY, SCHOOL DISTRICT 
BONDS. 


AND 


COUNTY 








County of St. Louis, Mo., 


6s, 


1905, $ 


10,000.00 


10,000.00 


10,200.00 


Town of East Lyme, Conn., 


4*s, 


1905, 


15,000.00 


15,000.00 


15,000.00 


• « 


Chatham 


8.65s 


■ 1»09, 


37,000.00 


37,000.00 


37,000.00 


i< 


No. Ston'gton, " 


8*s, 


1919, 


20,000.00 


20,000.00 


20,000.00 


f< 


Norwich, 


8*s, 


1918, 


115,000.00 


115,000.00 


115,000.00 


«< 


<( ft 


7s, 


1905, 


60,000.00 


60,000.00 


60,800.00 


i « 


Preston, 


8.40s, 


1920, 


50,000.00 


50,000.00 


50,000.00 


«4 


Stafford, 


4s, 


1905, 


3,000.00 


3,000.00 


8,000.00 


If 


Vernon, " 


8*s, 


1919, 


125,000.00 


125,000.00 


125,000.00 


City of 


Bridgeport, " 
Camden, N. J., 


4s, 


1919, 


100,000.00 


100,000.00 


105,000.00 


«< 


4s, 


1926, 


50,000.00 


50,000.00 


63,000.00 


" 


Canton, Ohio, 


4*8, 


1906, 


7,000.00 


7,000.00 


7,070.00 


f« 


t» <« 


4*s, 


1908, 


7,000.00 


7,000.00 


7,140.00 


•' 


f * f « 


4*s, 


1910, 


7,000.00 


7,000.00 


7.2L0.00 


•• 


Cedar Rapids, Iowa, 


4s, 


1915, 


100,000.00 


100,000.00 


101.000.00 


*• 


Chicago, 111., 


4s, 


1921, 


100,000.00 


100,000.00 


108,000.00 


•• 


Cincinnati, Ohio, 


?AV» 


, 1906, 


10,000.00 


10,000.00 


10,500.00 


M 


<f «f 


7s, 


1906, 


10,000.00 


10,000.00 


10,450.00 


** 


«t n 


7s, 


1908, 


40.000.00 


40,000.00 


44,800.00 


■* 


Columbus, " 


4*8, 


1904, 


40,000.00 


40,000.00 


40,000.00 


" 


t f t« 


4*8, 


1905, 


40,000.00 


40,000.00 


40,200.00 


•t 


if t f 


4*8, 


1906, 


40,000.00 


40,000.00 


40,400.00 


** 


f f it 


4*8, 


1907, 


40,000.00 


40,000.00 


40,600.00 


" 


i« f< 


4*8, 


1908, 


40,000.00 


40,000.00 


40,800.00 


" 


«< ft 


4s, 


1909, 


10,000.00 


10,000.00 


10,100.00 


«t 


tf if 


5s, 


1912, 


80,000.00 


80,000.00 


82,400.00 


" 


ft it 


6s, 


1907, 


40,000.00 


40,000.00 


41,000.00 


'• 


Dayton, 


5s, 


1913, 


2,000.00 


2,000.00 


2,160.00 


•t 


•t it 


5s, 


1914, 


11,000.00 


11,000.00 


11,990.00 


" 


<t t f 


58, 


1915, 


29,000.00 


29,000.00 


81,755.00 


" 


(i f« 


5s, 


1916, 


8,000 00 


3,000.00 


3,800.00 


" 


Denver, Col., 


5s, 


1906, 


25,000.00 


25,000.00 


25,000.00 


*• 


Des Moines, Iowa, 


4s, 


1916, 


100,000.00 


100,000.00 


103,000.00 


it 


Duluth, Minn., 


5s, 


1007, 


2,000.00 


2,000.00 


2,060.00 


• 1 


ft tt 


4*8, 


1920, 


100,000.00 100,000.00 106,000.00 












Digitized by V 


jOOQle 



222 



BANK COMMISSIONERS REPORT. 



THE NORWICH SAVINGS SOCIETY.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND COUNTY 
BONDS. — CONTINUED. 



City^ 


of Hamilton, 


Ohio, 

•i 


5s, 1 

5s, 1 
5s, 1 




i a 


*• 




i «• 


tl 


5s, 1 




t << 


" 


5s, 11 




« <* 


«i 


5s, 1 




i t t 


•i 


5s, 1 




* Kalamazoo 


, Mich. 


« 4s, 1 




' Kansas City, Mo., 


4*s, 1 




' Lexington, 


Ky., 


4*s, 1 




t «t 


. if 


4*s, 11 




' Los Angeles, Cal., 


4*s, 1 




i < t 

< if 

t «• 


ii 

1 1 
if 

4 1 


4*8, 1 
4*8, 1 
4*8, 1 

4*8, 1 
4s, 1 




( Louisville, 


Ky., 


5s, 1 




< «« 


Ii 


4s, 1 




' Newark,. 


N.J.. 


4s, 1 




' N.London, Conn., 


8*8, 1 




' Norwich, 


ii 


7s, 1 




* t i 


tt 


5s, 11 




i ti 


tt 


4s, 1 
8*8, 11 




f «< 


tt 
it 


8*8, 11 
4*s, 




• Oakland, 


Cal., 


4s, 11 




' Omaha, 


Neb., 


4*s, 1 




< <« 


ii 
»i 

1* 


5s, 1 
5s, 11 
5s, 11 
5s, 11 




i «i 


tt 


4*s, 11 




1 Paducah, 


Ky., 


4Js, 1 




4 Pateraon, 


N.J., 


4*8, 1 




< it 


ii 


4*8, . 11 




* tt 


a 
tt 


4*8, 1 
4*s, 1 
5s, 11 




1 Portland, Oregon, 




' San Jose, 


Cal, 


4*s, 11 




• Sioux City, 
i it 


Iowa, 


4*8, 1 
4*8, 11 




i <f 
t f« 


ii 


4*8, It 
4*8, 11 




f it 


•• 


4*8, 11 




• S. Norwalk, Conn. 


, 6s, 1 




• Toledo, 


Ohio, 


4*s, 11 




• ii 


ii 


48, 11 





PAR 




VALUE. 


n> COUNTY 




1905, * 


5,000.00 


L906, 


10,000.00 


1907, 


5,000.00 


L909, 


10,000.00 


L910, 


10,000.00 


1911, 


10,000.00 


1916, 


10,000.00 


1906, 


10.000 00 


1915, 


100,000.00 


L938, 


5,000.00 


1934, 


75,570.00 


1908. 


6,650 00 


L912, 


8,650.00 


1915, 


6,000.00 


1916, 


1,650.00 


1917, 


6,650.00 


1921-1987, 


100.000.00 


1911, 


50,000.00 


1980, 


100,000.00 


1911, 


150,000.00 


1911, 


85,000.00 


1905, 


1,000.00 


1908, 


12 000.00 


1913, 


125.000.00 


1923, 


160,000.00 


1925, 


100,000.00 




227,000.00 


L905-1937, 


115,500.00 


1906, 


100,000.00 


1906, 


5,000.00 


L907, 


19,000.00 


1908, 


25,000.00 


1912, 


51,000.00 


1984, 


100.000.00 


L928, 


45,000.00 


1984, 


10,000.00 


1985, 


10,000.00 


1936, 


10,000.00 


1987, 


10,000.00 


928, 


200,000 00 


1905-1987, 


57,750.00 


1909, 


1,000.00 


910, 


24,000 00 


1911, 


25,000 00 


1919, 


25,000.00 


1920, 


25.000.00 


1905, 


80,000.00 


1914, 


200,000 00 


1942, 


25,000.00 



BOOK 
VALUE. 



5,000.00 

10.000.00 

6,000.00 

10,000.00 

10,000.00 

10,000.00 

10,000.00 

10,000.00 

100,000.00 

5,000.00 

75,570.00 

6,650.00 

8,650.00 

6,000.00 

1,650.00 

6,650.00 

100,000.00 

50,000.00 

100,000.00 

150,000.00 

85,000.00 

1,000.00 

12,000.00 

125,000.00 

150,000.00 

100,000.00 

227,000.00 

115,500.00 

100,000.00 

5,000.00 

19,000.00 

25,000.00 

51,000.00 

100,000.00 

45,000.00 

10,000.00 

10,000.00 

10,000.00 

10.000.00 

200,000.00 

57,750.00 

1,000.00 

24,000.00 

25,000.00 

25.000.00 

25,000.00 

80,000.00 

200,000.00 

26,000.00 



MARKET 
VALUE. 



5,000.00 

10,160.00 

5,150.00 

10,560.00 

10,660 00 

10,700.00 

11,100.00 

10,000.00 

104,250.00 

5,625.00 

88,880.00 

6,700.00 

8,800.00 

6,800.00 

1,700.00 

7,050.00 

102,000.00 

53,600.00 

108,000.00 

163,000.00 

85,000.00 

1,000.00 

12,480.00 

127,600.00 

160,000.00 

100,000.00 

227,000.00 

116,660.00 

100,500.00 

5,075.00 

19,880.00 

25,750.00 

54,060.00 

108,500.00 

45.450.00 

10,900.00 

10,900.00 

11,000.00 

11,000.00 

286,000.00 

61,215.00 

1,020.00 

24,480.00 

25,625.00 

26.260.00 

26,875.00 

30.800.00 

206 000.00 

26,000.00 



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BANK COMMISSIONERS' REPOBT. 



228 



THE NORWICH SAVINGS SOCIETY.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND COUNTY 
BONDS. — CONTINUED. 

City of Vergennes, Vt., 4s, 1908, $ 

" Woonsocket, R. L, 4s, 1927, 
Scb. Dist. 1st, Hartf d, Ct., 4s, 1927, 



otals, 



RAILROAD BONDS. 

Albany & Susquehanna, 6s, 1906, $ 

" " 7s 1906 

Buffalo, Naw York & Erie, 7s', 1916) 

Burl., Cedar Rapids & North'n, 5s, 1934, 

Central of New Jersey, 5s, 1987, 

Chic, Burl. & Quincy, Ills. Div., 3*s, 1949, 

Chicago & Eastern Illinois, 5s, 19:37, 

Chicago, Milwaukee & St. Paul: — 

Chicago & Missouri Riv. Di v., 5s, 1926, 

Chicago* Pacific Western Div., 5s, 1921, 

Dubuque Div., 6s, 1920, 

Lacrosse & Davenport Div., 5s, 1919, 

Mineral Point Div. , 5s, 1910, 

So. Minn. DiY., 6s, 1910, 

' Southwestern Division, 6s, 1909, 

Wisconsin Valley Div., 6s, 1920, 

Chicago & Northwestern, 7s, 1915, 

Mad. Ex., 7s, 1911, 

Chicago, Rock Island & Pacific, 4s, 1988, 

Chi., St. Louis & New Orleans, 5s, 1951, 

Chi., St. Paul, Minn. & Omaha, 6s, 1930, 

Chicago & Tomah, 6s, 1905, 

Clearfield & Mahoning, 5s, 1943, 

Cleveland & Mahoning Valley, 5s, 1988, 

Cleveland & Pitts., Series A, 4*s, 1942, 

" B, 4*s, 1942, 

Columbus & Hocking Valley, 4s, 1948, 

Connecticut & Passumpsic Rivers, 4s, 1 943, 

Delaware & Bound Brook, 7s, 1905, 

Delaware, Lackawanna & West., 7s, 1907, 

Des Moines & Minneapolis, 7s, 1907, 

Eastern Ry. of Minn., No. Div., 4s, 1948, 

Elmira & Williamsport, 6s, 1910, 

Hancock & Calumet, 5s, 1931, 

Illinois Central, Springfield Div., 3*s, 1951, 

Iowa Falls & Sioux City, 7s, 1917, 

Jeffersonv'le, Madison & Indiana, 7s, 1906, 

Mich. Cent. (Detroit & Bay City), 5s, 1981, 

Milwaukee Lake Shore & West'n, 6s, 1921, 

Ashland Div., 6s, 1925, 

Michigan Div., 6s, 1924, 



FAR 


BOOK 


MARKET 


VALUE. 


VALUE. 


VALUE. 


26,000.00 


26,000 00 


26,130.00 


100,000.00 


100,000.00 


101,500.00 


30,000.00 


80,000.00 
4,011,420.00 


30,800.00 


4,011,420.00 


4,156,780.00 


10,000.00 


10,000.00 


10,000.00 


3,000.00 


8,000.00 


3,120.00 


100,000.00 


100,000.00 


125,000.00 


400,000.00 


400,000.00 


480,000.00 


25,000.00 


25,000.00 


33,500.00 


100,000.00 


90.000.00 


94,250.00 


500,000.00 


500,000.00 


600,000.00 


50,000.00 


50,000.00 


59,500.00 


50,000.00 


50,000.00 


58,000.00 


100,000.00 


100,000.00 


127,000.00 


100,000.00 


100,000.00 


118,500.00 


150,000.00 


150,000.00 


159,000.00 


150,000.00 


150,000.00 


167,250.00 


200.000 00 


200,000.00 


222,000.00 


50,000.00 


50,000.00 


62,500.00 


100,000.00 


100,000.00 


129,000.00 


100,000.00 


100,000.00 


118,000.00 


200,000.00 


200,000.00 


210,000.00 


50,000.00 


50,000.00 


62,000.00 


300,000.00 


800,000.00 


408,500.00 


1,000.00 


1.000.00 


1,015.00 


100,000.00 


100,000.00 


118,000.00 


300,000.00 


800,000.00 


343,500.00 


182,000.00 


182.000.00 


202,930.00 


18,000.00 


18,000.00 


20.160.00 


14,000.00 


14,000.00 


14,210 00 


100,000.00 


100,000.00 


104,000.00 


18,000.00 


18,000.00 


18,360.00 


8,000.00 


8,000.00 


8,880.00 


25,000.00 


25.000.00 


26,500.00 


100,000.00 


100,000.00 


100,000.00 


23,000.00 


28,000.00 


25,070.00 


20,000.00 


20,000.00 


20,000.00 


200,000.00 


200,000.00 


186,000.00 


90,000.00 


90,000.00 


114,800.00 


25,000.00 


25,000.00 


26,250.00 


50,000.00 


50,000.00 


60,000.00 


58,000.00 


58,000.00 


74.820.00 


30,000.00 


80,000.00 


89,600.00 


46,000.00 


46,000.00 


60,260.00 



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224 



BANE COMMISSIONERS' BEPOBT. 



THE NORWICH SAVINGS SOCIETY.— Continued. 
INVESTMENTS.— Cohtihukd. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. — CONTINUED. 






Mineral Range, 5s, 1931, S 


50,000.00 


50,000.00 


50,000.00 


Montana Central, 6s, 1937, 


200,000.00 


200,000.00 


265,000.00 


Morris & Essex, 7s, 1914, 


120,000.00 


120,000.00 


156,000.00 


7s. 1915, 


50,000.00 


50,000.00 


65,500.00 


New London Northern, 5s, 1910, 


500,000.00 


500,000.00 


525,000.00 


New York Cent. & Hudson River, 8*8, 1997, 


300,000.00 


800,000.00 


300,000.00 


New York, Lackawanna & West., 6s, 1921, 


200,000.00 


200,000.00 


259,000.00 


Northwestern Union, 7s, 1917, 


200,000.00 


200,000.00 


262.000.00 


Oswego & Rome, 7s, 1915, 


49,000.00 


49,000.00 


61,740.00 


Pittsb., McKeesport & Yough., 6s, 1932, 


200,000.00 


200,000.00 


260,000.00 


St. Paul, Minn. & Manitoba, 4}s, 1933, 


150,000.00 


150,000.00 


165,000.00 


6s, 1988, 


320,000.00 


820,000.00 


428,800.00 


44 Dak. Ex., 6s, 1910, 


50,000.00 


50,000.00 


56,000.00 


Staten Island, 4*s, 1943, 


60,000.00 


60,000.00 


57,000.00 


Terre Haute & Indianapolis, 5b, 1925, 


200,000.00 


200,000.00 


208,000.00 


Toledo & Ohio Extension, 


350.00 


350.00 


350.00 


Utica & Black River, 4s, 1922, 


100,000.00 


100,000.00 


104,000.00 


Willmar & Sioux Falls, 5s, 1938, 


50,000.00 


50,000.00 


58,750.00 


Wisconsin Valley, 7s, 1909, 


25,500.00 


25,500.00 


28,560.00 


Totals, $ 


6,970,850.00 


6,960,850.00 


8,106,675.00 


BANK STOCKS. 








800 shares First National, Norwich, $ 


80,000.00 


30,000.00 


21,000.00 


150 •' Merchants 


15,000.00 


15,000.00 


17,250.00 


1,000 •• Thames 


100,000.00 
145,000 00 


100,000.00 


160,000.00 


Totals $ 


145,000.00 


198,250.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 18,476 ; total amount, $3,790,444.05 

2 Number of depositors having $1,000 and 

not over $2,000, ..... 2,187 ; total amount, 3,011,016.00 
8 Number of depositors having over $2,000 

and not over $10,000, .... 1,720 ; total amount, 6,635,187.00 

4 Number of depositors having over $10,000, 118 ; total amount, 1,831,269.00 

5 Total number of depositors, . * . 17,501; total deposits, $15,267,866.05 

6 Largest amount due a single depositor 50,688.55 

7 Number of accounts opened during the past year, 2,868 ; number 

closed, 1,901 ; increase, 467. 

8 Amount deposited, including interest credited, during the past 

year, 2,589,119.26 



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BANK COMMISSIONERS' REPORT. 



THE NORWICH SAVINGS SOCIETY. — Continued. 



MISCELLANEOUS ITEM8 — Continubd. 



9 Amount withdrawn during the past year, 

10 Amount of increase 

11 Total of interest and profit and loss, and rent ac- 

counts per last report, .... 

12 Amount of income received during the year, 

13 Total expenses, including salaries, during the 

year, 

14 8tate tax during the year, .... 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 Dividends, 2 per cent, paid Jan. 15, 1904 ; amount, 

2 per cent, paid July 15, 1904; amount, 

19 Net amount carried to surplus, 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 

21 Amount of p&t-due paper at this time is . 

22 Amount of assets yielding no income the past year, . 
28 Loans on real estate — are they all first mortgage? 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

▼ear, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, June. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, June. 



. $2,215,570.78 
878,548.58 

1816,684.47 
742,428.13— 1,059,062.60 

28,148.51 

34,296.04 

1,612.50 

60,267.50 

528.60 

292,346.62 

295.489.65 

25,000.00 

321,877.98— 1,069,062.60 



42,158.70 

Yes 



350,000.00 

85,000.00 

185,000.00 

399.2$ 



Officers. — President, Charles Bard ; Treasurer, Costello Lippitt ; Assistant 
Treasurer, Charles R. Butts; Directors, Henry Larrabee, Arthur H. Brewer, Lucius 
Brown, Bela P. Learned, Asa Backus, Calvin L. Harwood, Costello Lippitt, Wil- 
liam H. Palmer, Jr., Adam Reid, Charles L. Hubbard, Stephen B. Meech, S. 
Alpheus Gilbert, Ansel A. Beck with. 



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226 



BANK COMMISSIONERS REPORT. 



PEOPLE'S SAVINGS BANK, BRIDGEPORT. 

Edwabd W. Mabbh, Treasurer. Incorporated, 1860. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $1,550,776.30 

Loans on collateral security, 186,820.00 
Loans on personal security 

only, .... 16,000.00 
Town, city, and borough 

notes and orders, . 41,500.00 
Town, city, school district, 

and corporation bonds, . 748,000.00 

Railroad bonds, . . 1,225,800.00 

Bank stocks in Connecticut, 185,030.00 

Bank stocks in other states, 37,050.00 

Real estate by foreclosure, 16,500.00 
Banking house and other 

real estate, . 66,000.00 
Insurance and taxes ad- 
vanced on real estate 

mortgaged, . 55.88 

Premium account, . 2,910.00 

Cash in banks, . 46,610.41 

Cash in vault, . . 22,547.28 



LIABILITIES. 

Whole amount of deposits, $3,910,632.61 

Surplus account, 114,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 

Profit and loss account, 

Balance due borrowers on 
real estate loans, . 



Total Assets, 



14,090,099.82 



56,701.80 
5,805.19 

2,960.22 



Total Liabilities. 



$4,090,099.82 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS 

Town of Fairfield, $ 

County of Fairfield, 



Totals, 



$ 41,500.00 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 



BONDS. 



Col., Denver, City, 
Conn., Bethel, Town, 

Bridgeport, City, 



Bristol, Town, 
Hartford, South School, 
Norwalk, Borough, 
Norwich, City, 
Shelton, Borough, 



5s, 1906, $ 
4s, 1905-1908, 
4s, 1919, 
5s, 1908, 
3*s, 1905-1917, 
4s, 1908, 
3*8, 1942, 
4s, 1908, 
5s, 1910, 
4s, 1910, 



PAR 
VALUE. 



21,500.00 
20.000.00 



5,000.00 
8,000.00 
75,000.00 
45,000.00 
71,000.00 
10,000.00 
20,000.00 
15,000.00 
50,000.00 
25,000.00 



BOOK 
VALUE. 



MARKET 
VALUE. 



21,500.00 21,500.00 
20,000.00 20,000.00 



41,500.00 41,500.00 



5,000.00 
8,000.00 
75,000.00 
45,000.00 
71,000.00 
10,000.00 
20,000.00 
15,000.00 
50,000.00 
25,000.00 



5,100.00 
8,000.00 
76,000.00 
46.000.00 
71,000.00 
10,000.00 
20,000.00 
15,000.00 
52,000.00 
25,250.00 



Digitized by 



Google 



BANK COMMISSIONERS' REPORT. 



227 



PEOPLE'S SAVINGS BANK, BRIDGEPORT— Continued. 
INVESTMENTS.— Coktwokd. 



DESCRIPTION. 






PAR 


BOOK 


MARKET 








VALOR. 


VALUE. ! VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 




, 


BONDS.— CONTINUED. 










Conn., 8tratford, Town, 


8*s, 


' 1920, $ 


80,000.00 


80,000.00 


80,000.00 


Waterbury. City, 


Sis, 


1906, 


10,000.00 


10,000.00 


10,000.00 


it «< i 




3*8, 


1907-1908, 


8,000.00 


8,000.00 


8,000.00 


Ky., Louisville, 




5s, 


1911, 


10,000.00 


10,000.00 


10,500.00 


Mass., Boston, 




4s, 


1917, 


34,000.00 


34,000.00 


85,000.00 


M Gloucester, 




4s, 


1908, 


10,000.00 


10,000.00 


10,100.00 


Mich., Detroit, 




7s, 


1905, 


15,000.00 


15,000.00 


15.000.00 


" Jackson, 




4*8, 


1914, 


10,000.00 


10,000.00 


10,500.00 


Minn., St. Paul, 




5s, 


1915, 


10,000.00 


10,000.00 


10,900.00 


Mo. f St. Louis, 


' £4,100 


4s, 


1911, 


20,000.00 


20,000.00 


20,400.00 


Neb., Omaha, * 




5s, 


1912, 


5,000.00 


6,000.00 


5,800.00 


N. J., Camden, 




4*8, 


1922, 


40,000.00 


40,000.00 


42,800.00 


" Newark, ' 




es, 


1908, 


5,000.00 


5,000.00 


5,300.00 


Paterson, 




5s, 


1907, 


4,000.00 


4,000.00 


4,100.00 


f * *t « 




4s, 


1910, 


10,000.00 


10,000.00 


10,100.00 


•• n i 




4s, 


1922, 


6,000.00 


5,000.00 


5,100.00 


*t a t 




4s, 


1982, 


15,000.00 


15,000.00 


15,300.00 


Trenton, 




4s, 


1913, 


25,000 00 


25,000.00 


25,250.00 


N. Y., Buffalo, 




3*8, 


1921-1922, 


10,000.00 


10,000.00 


10,000.00 


West Farms, Town, 


7s, 


1906, 


2,000.00 


2,000.00 


2,000.00 


Ohio, Akron, City, 


5s, 


1905, 


20,000.00 


20,000.00 


20,000.00 


a a t 




5s, 


1906, 


5,000.00 


5,000.00 


5,100.00 


Cincinnati, • 




?Aa 


.1906, 


14,000.00 


14,000.10 


14,300.00 


<• <( t 




7s, 


1906, 


4,000.00 


4,000.00 


4,100.00 


it << 4 




7s, 


1908, 


10.000.00 


10,000.00 


10,800.00 


it ff t 




8*s, 


1952, 


10,000.00 


10,000.00 


10,000.00 


Cleveland, 




4s, 


1918, 


5,000.00 


5,000.00 


5,100.00 


" Columbus, • 




4s, 


1905, 


15,000.00 


15,000.00 


15,000.00 


•I 1 1 t 




5s, 


1910, 


6,000.00 


6,000.00 


6,240.00 


a 41 4 




4s, 


1988, 


10,000.00 


10,000.00 


10,150.00 


" ' Youngstown, * 




5s, 


1906, 


9,000.00 


9,000.00 


9,180.00 


C« 44 f 




5s, 


19&5-1909, 


8,000.00 


8,000.00 


• 8,100.00 


Ore., Portland, 




5s, 


1928, 


10,000.00 


10,000.00 


11,400.00 


Wis., Milwaukee, " 


5a, 


1907-1915, 
• • * 


15,000.00 
748,000.00 


15,000.00 


16,000.00 


Totals, .... 


743,000.00 


759,470.00 


RAILROAD BONDS. 








Bald Eagle Valley, 
Buffalo, New York & Erie, 




6s, 1910, $ 


5,000.00 


5.0QO.0O 


5,100.00 




7s, 1916, 


30,000.00 


80,000.00 


37,500.00 


Central of New Jersey, 
Chicago, Burlington i Quincy, 




5s, 1987, 


50,000.00 


50,000.00 


65,000.00 




4s, 1905, 


10,000.00 


10,000.00 


10.000.00 


Chicago & Eastern Illinois, 




5s, 1987, 


25,000.00 


25,000.00 28,500.00 


Chicago, Milwaukee & St. Pau] 








1 


Chicago & Pacific, Western Div., 


5s, 1921, 


30,000.0(« 


30,000. OOI 83,900.00 


Dubuque 


44 


6s, 1920, 


22,000.00 


22,000.00i 27,500.00 


Genera], 




4s, 1989, 


60,000.00 


60,000.00; 64,800.00 












Digitized by v: 


iooQle 



BANK COMMISSIONED EEPOET. 



PEOPLE'S SAVINGS BANK, BRIDGEPORT.— Continued. 

INVESTMENTS.— Contented. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 

Chicago, Milwaukee & St. Paul:— 



Hastings & Dakota Div., 7s, 

Terminal, 5s, 

Wisconsin & Minnesota Div., 5s, 

Chicago & Northwestern : — 

Cedar Rapids & Missouri River, 7s, 

Chic, St. P., Minn. & Omaha, 6s, 

Main Line, 7s, 

Mil., Lake Shore & Western, 6s, 

Milwaukee & Madison, 6s, 

Rochester & No. Minnesota, 7s, 

St. Paul & Sioux City, 6s, 

Tomah Division, 6s, 

Chicago, Rock Island & Pa., 6s, 



Burl, Cedar Rapids &North*n, 5s, 

4s, 
5s, 
31s, 



General Mortgage, 
Cleveland & Mahoning Valley, 
Concord & Montreal, 
Delaware & Hudson: — 

Albany & Susquehanna, 



7s, 
6s, 



Delaware, Lackawanna & West' n, 7s, 

N. Y., Lackawanna & Western, 6s, 

Syracuse, Bingbamton&N. Y., 7s, 

Morris & Essex, 7s, 

7s, 
Great Northern : — 
Eastern of Minnesota, 5s, 

" " No. Div., 4s, 

Montana Central, 6s, 

St. P., Minn. & Man., Dak. Ex., 6s, 
" ° " gen. m. cons., 4is, 

"MontanaEx.,4s, 
Willmar & Sioux Falls, 5s, 

Illinois Central, Springfield Div., 8*8, 
Iowa Falls & 8ioux City, 7s, 

Mich. Cent'l, Detroit &B. C. Div., 5s, 
Minneapolis & St. Louis, 7s, 

ts, 
'* *' 4s 

New York Central & Hud. River, 3*8, 
N. Y., New Haven & Hartford, 8*8, 

if it *t ^g 

New England cons, mtg., 5s, 

Pittsb'g, McKeesp't & Yough'y, 6s, 
Rome, Watert'n & Og., Osw. & R. ,7s, 
8outhwest Pennsylvania, 7s, 

United New Jersey, 4s, 



1910, 
1914, 
1921, 

1916, 
1980, 
1915, 
1921, 
1905, 
1908, 
1919, 
1905, 
1917, 
1984, 
1988, 
1988, 
1920, 

1906, 
1906, 
1907, 
1921, 
1906, 
1914, 
1915, 

1908, 
1948, 
1987, 
1910, 
1988, 
1987, 
1988, 
1951, 
1917, 
1981, 
1927, 
1984, 
1949, 
1997, 
1947, 
1947, 
1945, 



1915, 
1917, 
1944, 



Totals, 



PAR 

VALUE. 



15.000.00 
29,000.00 
81,000.00 

15,000.00 
80,000.00 
20,000.00 
20,000.00 
20,000.00 

3,000.00 
30,000.00 
50,000.00 
50,000.00 
10,000.00 
70,000.00 

6,000.00 
10,000.00 

87,000.00 
13,000.00 
10,000.00 
80,000.00 
10,000.00 
20,000.00 
10,000.00 

84,000.00 
10,000.00 
10,000.00 
12,000.00 
25,000.00 

5,000.00 
29,000.00 
25,000.00 
10,000.00 
60,000.00 
16,000.00 
20,000.00 
25,000.00 
50,000.00 
10,000.00 

5,000.00 
25,000.00 
80,000.00 
20,000.00 
15,000.00 
20,000.00 



BOOK 
VALUE. 



15,000.00 

29,000.00 
81,000.00 

15,000.00 
30,000.00 
20,000.00 
20,000.00 
20,000.00 

3,000.00 
30,000.00 
50,000.00 
50,000.00 
10,000.00 
70,000.00 

6,000.00 
10,000.00 

37,000.00 
13,000.00 
10,000.00 
80,000.00 
10,000.00 
20,000.00 
10,000.00 

34,000.00 
10,000.00 
10,000.00 
12,000.00 
25,000.00 

5.000.00 
29,000.00 
25,000.00 
10,000.00 
60,000.00 
16,000.00 
20,000.00 
25,000.00 
48,800.00 
10,000.00 

5,000.00 
25,000.00 
80,000.00 
20,000.00 
15,000.00 
20,000.00 



MARKET 
VALUE. 



17,100.00 

31,520.00 
85,080.00 

19,050.00 
39,000.00 
25,400.00 
24,800.00 
20,000.00 

8,240.00 
86,600.00 
50,000.00 
62,000.00 
11,700.00 
72,100.00 

6,200.00 
10,000.00 

88,000.00 
13,400.00 
10,500.00 
37,200.00 
10,500.00 
25,000.00 
12,800.00 

84,680.00 
10,400.00 
18,400.00 
18,080.00 
27,500.00 

5,100.00 
88,640.00 
25,000.00 
12,800.00 
72,000.00 
22,400.00 
22,600.00 
25,000.00 
50,000.00 
10,000.00 

5,400.00 
82,500.00 
89,000.00 
26,000.00 
19,500.00 
22,400.00 



| l,227,000.00|l,225,800. 00 1,405,840.00 

Digitized by LjOOQ IC 



BANK COMMISSIONERS BEPOBT. 



229 



PEOPLE'S SAVINGS BANK, BRIDGEPORT. Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



BANK STOCKS. 



66 shares 



119 

109 

300 
72 
15 
80 
42 
60 

100 
50 
25 
85 
50 
50 
40 

100 
21 
5 
5 
27 
13 
10 
15 
40 
20 

500 
50 
20 
50 
22 
2 
75 
40 
11 
45 
15 
30 

160 
30 
20 
8 
88 
14 
80 
46 
80 
25 

260 



Ansonia Nat. (|50 ea.), Ansonia, $i 

Bridgeport " Bridgeport, 

City 

Connecticut M " 

First 

Pequonnock " • •• 

Bristol " Bristol, 

City " Danbury, 

Birmingham " Derby, 

-<Etna " Hartford, 

American " ($50 ea.), 

City, 

Conn. Trust & Safe Dep. Co., " 

Farmers & Mechanics Nat., " 

First Nat., 

Hartford " 

Hartford Trust Co., 

Nat. Exchange ($50 ea.), 

Phoenix Nat., 

State, 

United States, 

Home Nat., Meriden, 

Meriden 

Mechanics " New Britain, 

New Britain " 

Merchants " ($50 ea.), New Haven, 

Nat. Tradesmens, " 

New Haven Co. Nat.($10ea.), " 

Second " M 

Yale • 

Nat. Bank of Commerce, N. London, 

Fairfield Co. Nat., Norwalk, 

National Bank of Norwalk. 

Thames Nat., Norwich, 

City " So.Norwalk, 

Stamford '• ($30 ea.), 

Citizens " Waterbury, 

Fourth 

Manufacturers Nat. . ' • 

Waterbury Nat. ($50 ea.), 

Am. Exch. " New York, 

Chatham " ($25 ea.), 

Citizens Central Nat. , ' ' 

Nat. Commerce, " 

Corn Exchange, " 

Fourth Nat., 

Hanover " 

Importers' & Traders Nat. , ' ' 

Market & Fulton 

Mechanics Nat. ($25 ea.). 



PAR 
VALUE. 



8,800.00 
11,200.00 
11,900.00 
10,900.00 
80.000.00 
7,200.00 
1,500.00 
3,000.00 
4,200.00 
5,000 00 
5,000.00 
5,000.00 
2,500.00 
8,500.00 
5,000.00, 
5,000.00 
4,000.00 
5,000.00 
2,100.00 
500.00 
500.00 
2,700.00 
1,300.00 
1,000.00 
1,500.00 
2,000.00 
2,000.00 
5,000.00 
5,000.00 
2,000.00 
5,000.00 
2,200.00 
200.00 
7,500.00 
4,000.00 
830 00 
4,500.00 
1.500 00 
3,000.00 
8,000.00 
3,000.00 
500.00 
800.00 
8,800.00 
1,400.00 
3,000.00 
4,600.00 
3,000.00 
2,500.00 
6,500.00 



BOOK 
VALUE. 



8,800.00 

11,200.00 

11,900.00 

10.900.00 

80,000.00 

7,200.00 

1,500.00 

3,000.00 

4,200.00 

5,000.00 

5,000.00 

5,000.00 

2,500.00 

3,500.00 

5,000.00 

5,000.00 

4,000.00 

5,000.00 

2,100.00, 

500.00 

500.00 

2,700.00; 

1,800.00. 

1,000.00 

1, 500.00| 

2,000.00 

2,000.00' 
5,000.00 
5,000.00 
2,000.00 
5,000.00 
2,200.00 

200.00 
7,500.00 
4,000.00 

830.00 
4,500.00 
1,500.00 
8,000.00 
8,000.00 
8,000.00 

500.00 

800.00 
8,800.00 
1,400.00 
8,000.00 
4,600.00; 
8,000.00| 
2,600.00: 
6,500.001 



MARKET 
VALUE. 



4,950.00 

20,160.00 

17,850.00 

16,895.00 

57,000.00 

10,800.00 

2,700.00 

3,000.00 

6,300.00 

10,000.00 

7,000.00 

5.000.00 

6,250.00 

4,200.00 

6,500.00 

7,000.00 

7,000.00 

6,250.00 

2,520.00 

650.00 

2,000.00 

3,350.00 

1,400.00 

2,000.00 

2,400.00 

2,400.00 

3,200.00 

8,000.00 

9,250.00 

2,600.00 

7,000.00 

2,200.00 

220.00 

12,000.00 

8,000.00 

600.00 

6,075.00 

1,950.00 

3,600.00 

12,800.00 

6,600.00 

1.700.00 

1,200.00 

7,600.00 

5,460.00 

6,000.00 

23,000.00 

16,500.00 

5.500.00 

16,250.00 



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230 



BANK COMMISSIONERS REPORT. 



PEOPLE'S SAVINGS BANK, BRIDGEPORT.— Continued. 
INVESTMENTS.— Continued. 



description. 



BANK STOCKS. — CONTINUED. 

30 shares Mercantile Nat., New York, $ 

67 " Merchants •• ($50 ea.), 
1 " Nat. North America. 
15 " Nat. Park, 



Totals, 



PAR 
VALUE. 


BOOK 
VALUE. 


3,000.00 

3,350.00 

100.00 

1.500.00 

222,080.00 


3,000.00 

3,350.00 

100.00 

1,500.00 


222,080 00 



MARKET 
VALUE. 



7,200.00 

5,360.00 

200.00 

7,200.00 



402,840.00 



MISCELLANEOUS ITEMS., 

1 Number of depositors having less than 

$1,000 6,726 ; total amount, $1,563,570.20 

2 Number of depositors having $1,000 and 

not over $2,000, .... 1,080 ; total amount, 1.487,874.66 

3 Number of depositors having over $2, 000 

and not over $10,000, . 355 ; total amount. 859.687.75 

4 Number of depositors having over $10,000, ; total amount, 

5 Total number of depositors, . . 8,161 ; total deposits, $3,910,632.61 

6 Largest amount due a single depositor 7,172.18 

7 Number of accounts opened during the past year, 1,397 ; num- 

ber closed. 1,146 ; increase, 251. 

8 Amount deposited, including interest credited, during the past 

year 958,653.11 

9 Amount withdrawn during the past year 860,867.96 

10 Amount of increase 97,785.15 

11 Total of interest and profit and loss, and rent ac- 

> counts per last report, $61,589.11 

12 Amount of income received during the year, 196,557.28 — 258,096.39 

13 Total expenses, including salaries, during the year, 11 ,585.86 

14 State tax during the year, 7,371.66 

15 Town and city taxes and assessments paid, 1,571.31 

16 Net amount of premiums charged off, 42,518.86 

17 All other amounts charged off, .... 84.55 

18 Dividends, If per cent, paid Jan. 1, 1904; amount, 64,657.39 

15 percent, paid July 1, 1904;amount, 65,799.77 

19 Net amount carried to surplus 2,000.00 

20 Total of interest and profit and loss, and rent ac- 

counts per this report 62,506.99— 258,096.39 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 21,500.00 

23 Loans on real estate — are they all first mortgages ? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 45,200.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 16,000.00 



Digitized by 



Google 



REPORT. 281 



PEOPLE'S SAVINGS BANK, BRIDGEPORT.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, $80,000.00 

27 Per cant, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 5% 

28 Net income from foreclosed real estate during the past year, . 825.00 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, Second Monday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, Second Monday in July. 

Officers.— President, William E. Seeley; Treasurer, Edward W. Marsh; Di- 
rectors or Trustees, Enoch P. Hincks, Edward R. Ives. Morris B. Beardslev, John 
A. Rusling, David F. Read, Daniel E. Marsh, George Comstock, Lucius H. Mills, 
Lewis B. Curtis, Waldo C. Bryant. 



Digitized by LjOOQIC 



232 



BANK COMMISSIONERS' EEPOBT. 



PEOPLE'S SAVING BANK, ROCKVILLE. 

E. Stevens Henry, Treasurer. Incorporated, 1870. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, $322,660.00 
Loans on personal security 

only, .... 5,875.00 
School district notes and 

orders, . 486.45 
Town, city, school district, 

and corporation bonds, 88,000.00 

Railroad bonds, 181,000.00 

Bank stocks in Connecticut, 87,600.00 

Furniture and fixtures, . 1,000.00 

Cash in banks, 14,152.49 

Cash in vault, . 2,990.07; 

Total Assets, $598,714.01 



LIABILITIES. 



Whole amount of deposits, 

Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 



$564,920.25 
18,000.00 



20,793.76 



Total Liabilities, 



$598,714.01 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 



Norwich, 

Dubuque, 

Denver, 

Topeka, 

Tacoma, 

Pueblo, 

Colorado Springs, 



Totals, 



5s, 1908, $ 

5s, 1907, 

6s, 1905, 

5s, 1918, 

5s, 1918, 

5s, 1912, 

4s, 1914, 



RAILROAD BOND8. 

Chicago, Milwaukee & St. Paul, 5s, 1910, $ 

Chicago & Alton, 6s, 1912, 

Evansville & Terre Haute, 5s, 1980, 

Staten Island, 4*8, 1948, 

Cleveland, C. C. & St. L., 4s, 1990, 

Hereford, 4s, 1980, 

Chic, Bur. & Quincy, Neb. Ext., 4s, 1927, 

Denver, 4s, 1922, 

Iowa, 4s, 1919, 

Ext., 4s, 1905, 

111. Central, Louisville Div., 8*8, 1958, 

Genesee & Wyoming, 5s, 1929, 



PAR 
VALUE. 



1,000.00 
4,500.00 
1,500.00 
5,000.00 
5.000.00 
6,000.00 
10,000.00 



88,000.00 



5,000.00 
4,000.00 

10,000.00 

10,000.00 
5,000.00 
8,000.00 

10,000.00 
7,000.00 
9,000.00 
6,000.00 
8,000.00 

10,000.00 



BOOK 
VALUE. 



1,000.00 

4,500.00 
1,500.00 
5,000.00 
5,000.00 
6,000.00 
10,000.00 



MARKET 
VALUE. 



1,050.00 

4,680.00 
1,500.00 
5,500.00 
5,500.00 
6,000,00 
10,300.00 



88,000.00 84,580.00 



5,000.00! 
4,000.00 

10,000.00' 

10,000.00 
5,000.00, 
8.000.C" 

10,000.001 
7.000J 
9,000.1 
6,000.C 
8,000.f 

10,000.001 



6,000.00 
5,000 00 

11,000.00 

10,500.00 
5,200.00 
8,400.00 

10,600.00 
7,000.00 
9,000.00 
6,000.00 
8,000.00 

11,000.00 



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BANK COMMISSIONBBS' BEPOBT. 



288 



PEOPLE'S SAVING BANK, ROCKVILLE.— Continued. 
INVESTMENTS.— Continued. 







FAB 


BOOK 1 MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 1 YALUS. 


RAILROAD BONDS. — CONTINUED. 


j 




Bt. Louis, Iron Mt., & Southern 








River & Gulf Div., 


4s, 1933, $ 


10,000.00j 9,500.00 


9,500.00 


Burlington, Cedar Rapids & 








Northern, 


5s, 


10,000.00! 10,000.00 


10,500.00 


St. Louis Terminal R. R. 




|- 




Association, 


4s, 1953, 


10,000.00! 9,900.00 


9.900.00 


Minneapolis & St. Louis, 

Totals, .... 


4b, 1949, 
. . .$ 


10,000.00i 9,600.00 9,800.00 


132,000.00 


131,000.00 


187,400.00 


BANK STOCKS. 










300 shares First National, 


Rockville, $ 


80,600.00 


86,900.00 


83,000.00 


280 * 


* Rockville 


«< 


28,000.00 


31,700.00 


30,800.00 


85 ' 


First 


Stafford, 


3,500.00 


8,500.00 


4,900.00 


40 ' 


t 1 1 «< 


Hartford, 


4.000.00 


5,650.00 


5,600.00 


7 • 


* City, 


" 


700.00 


700.00 


680.00 


10 ' 


' iEtna National, 


«« 


1,000.00 


1,250.00 


1,900.00 


20 ' 


Charter Oak "• 


" 


2,000.00 2,956.00 


2,400.00 


19 ' 


' Farmers & Mechanics, 


<« 


1,900.00 2,350.00 


2,280.00 


6 ' 


Hartford Trust Co., 


41 


600 00 600.00 


1,140.00 


16 • 


Conn.Trust & Safe Dep< 


wit Co.," 

. . .* 


1,600.00| 2,000.00 


8,680.00 


To 


tals 


73,300.00J 87,600.00 


86,330.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 1,277; total amount, $282,171.25 

2 Number of depositors having $1,000 and 

not over $2,000, . .... 114; total amount, 145,423.00 

3 Number of depositors having over $2,000 

and not over $10,000, . . .41; total amount, 187,326.00 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . . 1,432; total deposits, $564,920.25 

6 Largest amount due a single depositor 6,784.00 

7 Number of accounts opened during the past year, 185; number 

closed, 104 ; increase, 81. 

8 Amount deposited, including interest credited, during the past 

year 120,388.86 

9 Amount withdrawn during the past year 78,683.24 

10 Amount of increase 41,705.62 

11 Total of interest and profit and loss and rent ac- 

counts per last report, $19,539.84 

12 Amount of income received during the year, . 27,511.92 — 47,051.26 

Bank — 16 



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284 



BANK COMMISSIONERS* REPOET. 



PEOPLE'S SAVING BANK, ROCKYILLE.— Continued. 
MISCELLANEOUS ITEM8.— Continued. 



14 
15 
16 
17 



19 
20 

21 



24 

25 
26 
27 
28 



30 



$2,593.58 

1,013.90 



1,043.54 

25.20 

9,561.23 

10,020.05 

2,000.00 

20,798.76— 



13 Total expenses including salaries during the 
year 

State tax during the year, 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, 

All other amounts charged off, .... 
18 *Dividends;2percent. paid Jan. 1, 1904; amount, 
2 per cent, paid July 1, 1904; amount, 

Net amount carried to surplus, .... 

Total of interest and profit and loss and rent ac- 
counts per this report, 

Amount of past-due paper at this time is . 

Amount of assets yielding no income the past year, 

Loans on real estate — are they all first mortgages? 

Largest amount loaned on mortgage to any one individual, firm, 
company, society, or corporation, .... 

Largest amount of personal loan to any one individual, firm, 
company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the 
past year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, . 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, July. 

Date of annual meeting to elect President, Treasurer, and other 
officers, July. 



$47,051.26 


34,000.00 
5,000.00 



Officers.— President, Wm. H. Prescott ; Treasurer, E. Stevens Henry ; Di- 
rectors or Trustees, Wm. H. Prescott, E. 8. Henry, E. H. Preston, A. N. Beld- 
ing, C. E. Harwood, J. E. Fisk, F. A. Randall, E. A. Kuhnly, S. A. Harrington, 
A. P. Dickinson. 



* 3i per cent, per annum in excess of $1,000. 



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BANK COMMISSIONERS 7 BEPOBT. 



286 



PUTNAM SAVINGS BANK. 



Jerome Tourtellottr, Treasurer. 



Incorporated, 1862. 



8TATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $371,283.00 

Loans on collateral security, 43,190.76 
Loans on personal security 

only, . " . . 3,400.00 
Town, city, and borough 

notes and orders, . 128,215.00 
Town, city, school district, 

and corporation bonds, . 625,000.00 

Railroad bonds, . . 1,255,000.00 

Bank stocks in Connecticut, 25,000.00 

Real estate by foreclosure, 4,500.00 

Cash in banks, . . 95,845.41 

Cash in vault, . 10,864.05 



Total Assets, 



. $2,556,748.22 



LIABILITIES. 

Whole amount of deposits, $2,452,533.14 

Surplus account, . . '75,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid 29,000.65 

Profit and loss account, . 214.43 



Total Liabilities, 



. $2,556,748.22 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AMD ORDERS.' 

Town of Woodstock, $| 

*' of Putnam, 
City of Putnam, 



Totals, 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. 

Town of Ansonia, Conn., 4s, 1912, J 

Norwalk, " 8*8, 1918, 

City of Norwich, " 3*8, 1925, 

Atlantic City, N. J., 4*8, 1924, 
Columbus, Ohio, 5s, 1910, 
Dayton, " 4s, 1908, 

Toledo, " 4s, 1942, 

Kansas City, Mo., 4s, 1910, 
" " " " 44s 1915 

Louisville, Ky., 48/1910! 
Minneapolis, Minn., 4\s, 1922, 
St. Paul, " 4s, 1920, 

Muskegon, Mich., 4s, 1920, 

5s, 1917-1922, 

Saginaw, •' 4s, 1907, 

3|s, 1920, 

Omaha, Neb., 4*8, 1906, 

5s, 1912, 



PAR 
VALUE. 



6,900.00 
98,565.00 
17,750.00 



128,215.00 



25,000.00 
25,000.00 
15,000.00 
50,000.00 
40,000.00 
20,000.00 
80,000.00 
25,000.00 
15,000.00 
20,000.00 
15,000.00 
20,000.00 
20,000.00 
25,000.00 
15,000.00 
15,000.00 
30,000.00 
10,000.00 



BOOK 
VALUE. 



6,900.00 
98,565.00 
17,750.00 



123,215.00 



25,000.00 
25,000.00 
15,000.00 
50,000.00 
40,000.00 
20,000.00 
30,000.00 
25,000.00 
15,000.00 
20,000.00 
15,000.00 
20,000.00 
20,000.00 
25,000.00 
15,000.00 
15,000.00 
30,000.00 
10,000.00 



MARKET 
VALUE. 



6,900.00 
98,565.00 
17,750.00 

123,215.00 



25,400.00 
25,000.00 
15,000.00 
55,000.00 
43,000.00 
20,200.00 
81,500.00 
25,300.00 
15,500.00 
20,800.00 
•16,500.00 
20,700.00 
20,700.00 
28,600.00 
15,100.00 
15,000.00 
30,150.00 
10,850.00 



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286 



BANK COMMISSIONERS REPORT. 



PUTNAM SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



description. 



PAR 
VALUE. 



BOOK 
VALUE. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS.— CONTINUED. 



I 



City of Pueblo, Col., 

" Pawtucket, R. L, 
<< «< «« 

Portland, Ore., 
St. Louis, Mo., 
Terre Haute, Ind., 
Omaha Water Works Co., 



4s, 
4s, 
4s, 
5s, 
4s, 
4s, 
5s, 



1914, 
1910, 
1937, 
1922, 
1908, 
1915. 
1946, 



80,000.00 
20.000.00 
80,000.00 
15,000.00 
20,000.00 
35,000.00 
60,000.00 



30.000.00 
20,000.00 
30,000.00 
15,000.00 
20,000.00 
85,000.00 
60,000.00 



MARKET 
VALUE. 



30,600.00 

20,800.00 
31,500.00 
17,000.00 
20,200.00 
35,700.00 
60,000.00 



Totals $ 625,000.00 625,000.00 



RAILROAD BONDS. 



1951, 

1949. 



Buffalo & Susquehanna R. R., 4s, 
Chicago & Alton, Refunding, 3s, 
Chicago, Burlington & Quincy : — 

Illinois Division, Sis, 1949, 

Chicago, Milwaukee & St. Paul System: — 

General gold bonds, series A, 4s, 1989, 

Chic. & Pac. , Western Div. , 

Mineral Point Div., 

Dubuque Div., 

Southwestern Div., 

Wisconsin Valley Div. , 
Chicago & Northwestern System 

Ottumwa & Cedar Falls Div., 

Madison Extension Div., 

Sioux City & Pacific Div., 
Chicago, Rock Island & Pacific 
Illinois Central System :— 

Omaha Div., 

Litchfield Div., 

Louisville Div., 

Western Lines Div., 
Joliet & Northern Indiana, 
Mineral Range R. R., 
Minneapolis & St. Louis, 



70,000.00 
100,000.00 



70,000.00 
100,000.00 



649.100.00 



70,000.00 
90,000.00 



100,000.00 100,000.00; 100,000.00 



OS, 

5s, 
6s, 
6s, 
7a, 

5s, 
7s. 



1921. 
1910. 
1920, 
1909, 
1907, 

1909, 
1911, 



3*s, 1936, 
4s, 1988, 

8s, 1951, 

8s, 1951, 

8*s, 1958, 

4s, 1951, 



8t. Paul, Minn. & Manitoba, 
Montana Central Div., 

Extension Div., 
Terre Haute & Indianapolis R. R. , 5s, 
Terminal Asso. of St. Louis, 4s, 



7s, 

5s, 

4s, 

5s, 

4*s, 

5s, 

4s, 



1907, 
1981. 
1949, 
1984, 
1988, 
1937, 
1987. 
1925, 
1958, 



Totals | 



25,000.00| 
50.000.00 
50,000.00 
10,000.00 
20,000.00 
15,000.00 

80,000.00 

20,000.00 

25,000.00 

100,000.00 

50,000.00 
10,000.00, 
75,000.00 
25,000.00 
20,000.00 
10,000 00 
75.000.00; 
25,000.00 
50,000.00| 
75,000.00 

100,000.00 
25,000.00 

100,000.00 



1,255,000.00 



25,000.00 
50,000.00 
50,000.00 
10,000.00 
20,000.00 
15,000.00 

30,000.00 

20,000.00 

25,000.00 

100,000.00 

50,000.00 
10,000.00 
75,000.00 
25,000.00 
20,000.00 
10,000.00 
75.000.00 
25,000.00 
50,000.00 
75,000.00 

100,000.00 
25,000.00 

100,000.00 



1,255,000.00 



27,500.00 
58,000.00 
58,000.00 
12,500.00 
22,500.00 
16,800.00 

31,-800.00 

24,000.00 

25,000.00 

104,500.00 

45,000.00 
9,000.00 
75,000.00 
26,000.00 
21,600.00 
10,000.00 
75,000.00 
28,600.00 
55,000.00 
88,500.00 

104,000.00 
26,000.00 

100,000.00 



1,299,800.00 



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BANK COMMISSIONEHS 7 REPORT. 



237 



PUTNAM SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



BANK STOCKS. 

100 shares Thames Nat., Norwich, Conn., $ 
160 " First " Putnam, 

Totals, $ 



PAR 
VALUE. 



10,000.00 
15,000.00 



25,000.00 



BOOK ! MARKET 
VALUE. i VALUE. 



10,000.001 16,000.00 

i5 f ooo.oo; 20,000.00 

25,000.00; 86,000.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 5,501; total amount, $1,200,760.24 

2 Number of depositors having $1,000 and 

not over $2,000 579; total amount, 756,360.68 

3 Number of depositors having over $2,000 

and not over $10,000 149; total amount, 467,893.48 

4 Number of depositors having over $10,000, 2; total amount, 27,509.79 

5 Total number of depositors, 6,231; total deposits, $2,452,533.14 

6 Largest amount due a single depositor, 14,270.01 

7 Number of accounts opened during the past year, 796; number 

closed, 682; increase, 114. 

8 Amount deposited, including interest credited, during the past 

year, 557,656.73 

9 Amount withdrawn during the past year, 467,773.29 

10 Amount of increase', 89,888.44 

11 Total of interest and profit and loss and rent ac- 

counts per last report, $35,972.15 

12 Amount of income received during the year, 104,653.03— 140,625.18 

13 Total expenses, including salaries, during the 

year 5,641.28 

14 State tax during the year, 5,569.02 

15 Town and city taxes and assessments paid, 88.38 

16 Net amount of premiums charged oft, . 10,588.09 

17 All other amounts charged off, .... 

18 'Dividends, 2 per cent, paid Oct. 1, 1903; amount, 42.830.24 

2 per cent, paid Aprill, 1904; amount, 43,698.19 

19 Net amount carried to surplus, .... 3,000.00 

20 Total of interest and profit and loss and rent ac- 

counts per this report 29,215.08— 140,625.18 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 
28 Loans on real estate — are they all first mortgages? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 15,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 2,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 10,000.00 

•8 per cent, per annum In exceu of $1,000. 

Digitized by LjOOQIC 



238 BANK commissioners' eepoet. 



PUTNAM SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, . 6£ 

28 Net income from foreclosed real estate during the past year, . $270 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Monday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, third Monday in July. 

Officers. — President, George W. Holt; Treasurer, Jerome Tourtellotte. 
Directors or Trustees, George W. Holt, John A. Carpenter, Jerome Tourtellotte, 
John M. Paine, Clarendon M. Green, Charles P. Grosrenor, Charles M. Fenner, 
James N. Kingsbury, Benjamin Grosvenor. 



Digitized by LjOOQIC 



BANK COMMISSIONERS' REPORT. 



289 



RIDGEFIELD SAVINGS BANK. 



Gborgb E. Benedict, Treasurer. 



Incorporated, 1871. 



STATEMENT, OCTOBER 1, 1904. 



Loads on real estate, $897,301.53 
Loans on personal security 

only 59,385.04 

Town, city, school district, 

and corporation bonds, 28,000.00 

Railroad bonds, . 108,037.50 

Bank stocks in Connecticut, 20,052. 00 

Real estate by foreclosure, 8,689.87 

Safes, .... 850.00 

Cash in banks, 58,491.92 

Cash in vault, 8,283.37 

Total Assets, $678,990.78 



LIABILITIES. 

Whole amount of deposits, $648,098.86 

Surplus account, . . 26,000.00 

Interest account, less cur- 
rent expenses, and taxes 

paid 3,701.87 

Profit and lossaccount, . 1,190.00 



Total Liabilities, 



$678,990.73 



INVESTMENTS. 



! 



DESCRIPTION. 



PAR 
VALUE. 



BOOK 
VALUE. 



MARKET 
VALUE. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. 

Cincinnati, Ohio, 6s, 1909, $ 

City of Omaha, paving, 5s, 1906, 

Fort Wayne, Ind., 4*s, 1913, 

Town of Ridgefleld, 34s, 1917, 

Totals, $ 

RAILROAD BONDS. 

Chicago, Rock Island & Pacific, 4s, 1988, $ 

Minn. & St. Louis, 4s, 1949, 

Chicago, Milwaukee & St. Paul :— 

Minn. & Wis. Division, 5s, 1921, 

Louisville & Nashville, 4s, 1940, 

Buffalo & Susquehanna, 4s, 1951, 

Totals $ 

BANK STOCKS. 

20 shares First National, Meriden, Conn., 
11 •« Fairfield County Nat., Norwalk, 
37 " National Bank of Norwalk, . 
50 " City National Bank of Danbury, 
72 •' Danbury National, 

Totals 



3,000.00 

5,000.00 

10,000.00 

10,000.00 

28,000.00 



38.000.00 
40,000.00 

5,000.00 
10,000.00 
10,000.00 

108,000.00 



2,000.00 
1,100.00 
8,700.00 
5,000.00 
7,200.00 



8,000.00 

5,000.00 

10,000.00 

10,000.00 

28,000.00 



38,000.00 
40,000.00 

5,000.00 

10,087.50 

9,950.00 

103,087.50 



2,850.00 
1,100.00 
8,902.00 
5,000.00 
7,200.00 



3,200.00 

5,050.00 

10,500.00 

10,000.00 

28,750.00 



39,700.00 
38,000.00 

5,800.00 

10,087.50 

9,950.00 

103,537.50 



4,000.00 
1,100.00 
4,000.00 
5,000.00 
7,200.00 



19,000.00 20,052.00 



21,300.00 



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240 



BANK COMMISSIONERS REPORT. 



RIDGEFIELD SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 
$1,000. 

3 Number of depositors haying $1,000 and 
not over $2,000, .... 

3 Number of depositors having over $2,000 

and not over $10,000, 

4 Number of depositors having over $10,000, 

5 
6 

7 



9 
10 
11 

12 
18 
14 
15 
16 
17 
18 

19 



21 



24 
25 
26 
27 



80 



1,581; total amount, 

118; total amount, 

64; total amount, 
0; total amount, 



$287,022.78 

147,480.65 

213,595.43 




Total number of depositors, . 1,708; total deposits, 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 283; number 
closed, 188; increase, 95. 

Amount deposited, including interest credited, during the past 
year, 

Amount withdrawn during the past year, . 

Amount of increase, 

Total of interest and profit and loss, and rent ac- 
counts per last report, .... 

Amount of income received during the year, 

Total expenses, including salaries, during the year, 

State tax during the year, .... 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, 

All other amounts charged off, . 

Dividends, 2 per cent, paid Jan., 1904; amount, 
2 per cent, paid July, 1904; amount, 

Net amount carried to surplus, . 

Total of interest and profit and loss and rent ac- 
counts per this report, .... 

Amount of past-due paper at this time is . 

Amount of assets yielding no income the past year, 

Loans on real estate — are they all first mortgagee ? 

Largest amount loaned on mortgage to any one individual, firm 
company, society, or corporation 

Largest amount of personal loan to any one individual, firm, 
company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 
year, after deducting all items chargeable thereto. 

Net income from foreclosed real estate during the past year, 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, last Saturday in July. 

Date of annual meeting to elect President, Treasurer, and other 
officers, last Saturday in July. 



$648,098.86 
7.504.24 



178,989.29 

123,158 95 

55,880.84 



$3,114.31 
82,702.52— 

2,293.68— 

1,189.59 



337.50 

2,008.74 
11,428.14 
11,722.81 

2,000.00 

4,891.87— 



35,816.88 



85,816.83 

100.00 

8,689.87 

Yes 

40,000.00 

8,850.00 

2,800.00 






Officers.— President, D. 8mith Sholes ; Treasurer, George E. Benedict ; 
Directors or Trustees, D. Smith Sholes, William H. Beers, Samuel Keeler, J. L. 
Dauchy, E. J. Couch, C. B. Northrop, John Brophy, Richard W. Osborn, Michael 
T. McGlynn, George L. Rockwell, Ebenezer A. Hoyt, D. F. Bedient, George E. 
Benedict. 



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BANK COMMISSIONERS' REPORT. 



241 



SALISBURY SAVINGS SOCIETY, LAKEVILLE. 

Thos. L. Norton, Treasurer. Incorporated, 1848. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $235,265.88 

Loans on collateral security, 107,556.41 
Loans on personal security 

only, .... 15,455.00 
Town, city, and borough 

notes and orders, . 7,965.55 
Town, city, school district, 

and corporation bonds, . 245,797.81 

Railroad bonds, 224,427.25 

Railroad stocks, 500.00 

Bank stocks in Connecticut, 84,007.50 

Real estate by foreclosure, 19,562.00 

Banking house, 7,000.00 

Cash in banks, . . 4,852.62 

Cash in vault, . 5,690.26 



Total Assets, 



$908,080.08 



LIABILITIES. 

Whole amount of deposits, 

Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid, and profit and loss 
accounts, 



$859,891.84 
27,289.46 



21,398.78 



Total Liabilities, . $908,080.06 



INVESTMENTS. 



DESCRIPTION. 
TOWN, CITT, AND BOROUGH NOTES AND ORDERS. 

Town of Salisbury, $ 

RAILROAD STOCKS. 

12 8hare8 Pere Marquette R. R $ 



TOWN, CITT, SCHOOL DISTRICT, AND 

Town of Salisbury, Conn., 

" Bristol, 
City of Rockville, 

" Los Angeles, Cal., 
8an Jose, " 

Colorado Springs, Col., 

t< «4 f< if 

Pueblo, 

Kansas City, Kansas, 

Wichita, 
Boston, Mass., 
Duluth, Minn., 



PAR 

VALUE. 



CORP. BONDS. 

4*s, * 
4s. 1927, 
4s, 1927, 

4is, | 

4*8, , 

4s, 1929, 
4s, 1913, 

4*8,1910, 1 

4*8,1918, I 
6s, various,! 

6s, " I 

5s, 1910, ! 

3*8, 1940, { 

4s, 1920, I 



7,965.55 



1,200.00 



18,500.00 

15,000.00 

5,000.00 

2,800.00 

4,125.00 

5,000.00 

5,000.00 

10,000.00 

5,000.00 

10,000.00 

10,000.00 

10,000.00 

10,000.00 

6,000.00 



BOOK 
VALUE. 



7,965.55 



MARKET 
VALUE. 



7,965.55 



500.00 850.00 



18,500.00 

16,275.00 

5,250.00 

2,415.00 

4,425.00! 

5.000.00, 

4,975.00 

10.800.Oo 1 

5,000.001 

10,800.00 

12,000.00 

11.050.00 1 

10,900.001 

6,000.00| 



18,500.00 

16,000.00 

5,300.00 

2,800.00 

4,300.00 

5,100.00 

5,000.00 

10,500.00 

5,300.00 

10,500.00 

11,000.00 

10,500.00 

10,300.00 

6,000.00 



Digitized by 



Google 



242 



BANK COMMISSIONERS' REPORT. 



SALISBURY SAVINGS SOCIETY, LAKEVILLE.— Continued. 
INVESTMENTS.— Continued. 



.DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 
BONDS.— CONTINUED. 



City of Muskegon, Mich., 
i< i< tf 

, " New York, N. T., 

" Omaha, Neb., 



Paterson, N. J. , 
Canton, Ohio, 
Cleveland, " 
Lima, 
Toledo, 



Columbus, 



5s, 1913, $ 

4s, 1984, 

Sis, 1933, 

5s, 1912, 

5s, 1911, 

4s, 1919, 

4*8, 1'933, 

4s, 1921, 

4s, 1982, 

4*s, 1911, 

4s, 1935, 

3*8, 1922, 

8*s, 1920, 

8*8, 1936, 

4*8, 1912, 

3*i, 1921, 

4s, 1933, 



Totals, 



RAILROAD BONDS. 



Ashland Coal and Iron Co., 

Ashtabula & Pittsburg, 

Baltimore & Harrisburg, 

Central of New Jersey, 

Chi., Burl. & Quincy, Iowa Div., 

Chicago & Eastern Illinois, 
<t «i tt (i 

Chicago, Mil. & St. Paul :— 

General, 

Dubuque Division, 

Southern Minnesota Div., 

Wisconsin & Minnesota 

Chicago, Rock Island & Pacific, 

Michigan Central, 

Minneapolis & St. Louis, 

New York, New Haven & Hartford, 
(i << it n 

St. Paul, Minn. & Manitoba, 

Montana Extension, 

Dakota 

Eastern Hallway Minnesota, 
Sunbury, Hazleton & Wilkesbarre, 



4s, 
6s, 
5s, 
5s, 
5s, 
5s, 
6s, 

3*8, 

6s, 

6s, 

6s, 

4s, 

5s, 

4s, 

4s, 

4s, 

6s, 

4s, 

6s, 

6s, 

5s, 



1925, 
1908, 
1936. 
1987, 
1919, 
1937, 
1907, 

1989, 
1920, 
1910, 
1910, 
1988, 
1981, 
1949, 
1947, 
1914, 
1909, 
1937, 
1910, 
1908, 
1927, 



Totals, 



FAR 
VALUE. 



5,000.00 

10,000.00 

5,000.00 

10,000.00 

5,000.00 

5,000.00 

10,000.00 

5,000.00 

5,000.00 

5,000.00 

5,000.00 

5,000.00 

11,000.00 

15,000 00 

5,000.00 

5,000.00 

5,000.00 



281,925.00 



10,000.00 
5,000.00 

10,000.00 
5,000.00 

10,000.00 

10,000.00 
5,000.00 

5,000.00 

20,000.00 

17,000.00 

10,000.00 

25,000.00 

5,000.00 

5,000.00 

10,000.00 

10,000.00 

10,000.00 

10,000.00 

5,000.00 

6,000.00 

8,200.00 



BOOK 
VALUE. 



5,400.00 

10,000.00 
5,000.00 

11,000 00 
5,700.00 
5,456.51 

11,000.00 
5,250.00 
5,000.00 
5,000.00 
5,875.00 
5,000.00 

11,476 80 

15,750.00 
5,500.00 
5,000.00 
5,000.00 



245,797.81 



10,500.00 
5,800.00 

12,400.00 
6,550.00 

11,500.00 

11,500.00 
5,200.00 

5,000.00 

22,875.00 

19,512 60 

12,100.00 

26,700.00 

6,000.00 

5,000.00 

11,600.00 

10,000.00 

11,500.00 

10,800 00 

5,968.75 

5,450.00 

8,971.00 



MARKET 
VALUE. 



5,400.00 

10,400.00 

5,000.00 

11,000.00 

5,300.00 

5,400.00 

11,000.00 

5,300.00 

5,200.00 

5,150.00 

5,800.00 

5,000.00 

11,000.00 

15,000.00 

5,500.00 

5,000.00 

5,100.00 



241,650.00 



10,500.00 
5,500.00 

12,000.00 
6,600.00 

11.000.00 

11,200.00 
5,350.00 

5,000.00 

25,200.00 

18,700 00 

11,400.00 

26,250.00 

6,000.00 

4,750.00 

11,000.00 

10,000.00 

11,200.00 

10,800.00 

5,600.00 

5,200.00 

9,000.00 



| 200,200.00 224,427.25 221,750.00 

Digitized by VjOOQ IC 



BANK COMMISSIONERS' BEPOBT. 



243 



SALISBURY SAVINGS SOCIETY, LAKEVILLE.— Continued. 
INVESTMENTS.— Cohtotoed. 











PAR 


BOOK 


MARKET 


- 


DESCRIPTION. 
BANK STOCKS. 




VALUB. 


VALUE. 


VALUE. 


84 shares National Iron, 


Fall Village, 


$ 


8,400.00; 


10,160.00 


8,400.00 


16 


" Phoenix National, 


Hartford, 




1,600.00 ! 


1,960.00 


2,000.00 


20 


" Uncas 


Norwich, 




2,000.00 


2,500.00 


2,500.00 


50 


" Pequonnock Nat., 


Bridgeport, 
New London, 




5,000.00i 


6,300.00 


7,500.00 


50 


" Nat. Commerce, 




5,000.00 


6,187.50 


7,000.00 


55 


" WaterburyNat., 


Waterbury, 




2,750.00 


4,400.00 


4,400.00 


20 


" City Nat., 
Totals, 


Danbury, 


•• 


2,000.00 
26,750.00 


2,500.00 


2,200.00 




84,007.50 


34,000.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 2,095; total amount, $422,320.07 

2 Number of depositors having $1 ,000 and 

not over $2,000, .... 167 ; total amount, 211,687.97 

3 Number of depositors having over $2,000 

and not over $10,000, ... 61 ; total amount, 212,552.68 

4 Number of depositors having over $10,000, 1; total amount, 12,831.12 

5 Total number of depositors, . . 2,524; total deposits, $#59,391.84 

6 Largest amount due a single depositor, 12,831.12 

7 Number of accounts opened during the past year, 300; number 

closed, 381; decrease, 81. 

8 Amount deposited, including interest credited, during the past 

year, 169,354.09 

9 Amount withdrawn during the past year 156,143.67 

10 Amount of increase, 18,210.42 

11 Total of interest and profit and loss, and rent ac- t 

counts per last report, $18,645.74 

12 Amount of income received during the year, 40,314.04— 58,959.78 

13 Total expenses, including salaries, during the year, 3,034. 19 

14 State tax during the year, 1,658.62 

15 Town and city taxes and assessments paid, . 243.58 

16 Net amount of premiums charged off, 2,029.42 

17 All other amounts charged off 125.26 

18 Dividends, H per cent, paid Oct. 1, 1903: amount, 14,043.48 

If per cent, paid April 1, 1904 ; amount, 14,301.45 

19 Net amount carried to surplus, .... 2,125.00 

20 Total of interest and profit and loss, less rent ac- 

counts, per this report, 21,398.78— 58,959.78 

21 Amount of past-due paper at this time is 

22 Amount' of assets yielding no income the past year, . 10,000.00 
28 Loans on real estate — are they all first mortgages ? . Yes 
24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, ..... 25,000.00 

Digitized by LjOOQ IC 



244 BANK COMMISSIONEBS' REPORT. 

SALISBURY SAVINGS SOCIETY, LAKEVILLE.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation $10,000.00 

96 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 60,000.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 4 

28 Net income from foreclosed real estate during the past year, . 953.46 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 

30 Date of annual meeting to elect President, Treasurer, and other . 

officers, July. 

Officers.— President, George B. Burrall; Treasurer, Thomas L. Norton; 
Directors or Trustees, M. H. Bobbins, Charles H. Bissell, EL F. Landon, George 
L. Hurd, Dwight Allyn, Wm. Kane, E. Eggleston, J. S. Perkins. 



Digitized by LjOOQIC 



BANK COMMISSIONERS' REPORT. 



246 



THE SAVINGS BANK OF ANSONIA. 



Franklin Burton, Treasurer. 



Incorporated, 1862. 



STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $759,821.96 

Loans on collateral security, 190,840.21 
Loans on personal security 

only 74,992.50 

Town, city, and borough 

notes and orders, . 43,000.00 
School district notes and 

orders, .... 255.00 
Town, city, school district, 

and corporation bonds, . 694,866.50 

Railroad bonds, . . 243,000.00 

Railroad stocks, . 5,000.00 

Bank stocks in Connecticut, 78,000.00 

Bank stocks in other states, 19,000.00 

Real estate by foreclosure, . 7,083.10 

Banking house, . 88,189.68 
Insurance and taxes ad- 
vanced on real estate 

mortgaged, 65.05 

Premium account, 82,902.55 

Cash in banks, . 54,326.79 

Cash in vault, . . 14,507.42 



Total Assets, 



$2,240,350.76 



LIABILITIES. 

Whole amount of deposits, $2,176,983.40 

Surplus account, 50,000.00 
Interest account, less cur- 
rent expenses, ' and taxes 

paid 18,143.42 

Profit and loss account, 191.94 

Rent account, 82.00 



Total Liabilities, 



$2,240,350.76 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

City of Ansonia, Conn., . . . $ 

Town of Seymour, " 

" Huntington, " 

" Beacon Falls, " 



Totals, $ 

SCHOOL DISTRICT NOTES AND ORDERS. 

Center School District, No. 1, Oxford, Conn., $ 

RAILROAD STOCKS. 

New York, New Haven & Hartford R. R. Co., $ 



PAR I BOOK 
VALUE. , VALUE. 



15,500.00 
14,000.00 



15,500.00 
14,000.00 



3,500.00; 8,500.00 



10,000.00 



48,000.00 
255.00 



10,000.00 



43,000.00 
255.00 



5.000.00 1 5,000.00 



MARKET 
VALUE. 



15,500.00 

14.000.00 

8,500.00 

10,000.00 



43,000.00 

255.00 

9,625.00 



Digitized by 



Google 



246 



BANK COMMISSIONERS KEPOKT. 



THE SAVINGS BANK OF ANSONIA.— Continued. 

INVESTMENTS.— Contiitoed. 



DESCRIPTION. 






PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS | 






City of Anson ia, Conn., gold, 


3*8, 


1923 


, $| 58,000.00 


58,000.00 


58,000.00 


i« »t it it 


4s, 


1915 


, I 7,000.01; 


7,000.00 


7,305.20 


44 Derby, 


4s. 


1914 


, , 6,000.00 


6,000.00 


6,149.45 


44 Bridgeport, 44 


4s, 


1919 


, 1 12,000.00 


12.000.00 


12,684.00 


*f «• t« 


4s, 


1924 


5,000.00 


5,000.00 


5.345.00 


Town of Stratford, 44 


4s, 


1918 


10,000.00 


10,000.00 


10,418.00 


" Orange, 44 gold, 


4s, 


1916 


11,000.00 


11.000.00 


11,418.00 


City of Waterbury, 44 


4s, 


1919 


7,000.00 


7,000.00 


7,810.00 


Center School Dist., W'bury, gold,4s, 


1938 


10,000.00 


10,000.00 


10,772.00 


Wash'tonSch. Dist.,Hartfd, 


4s, 


1919 


5,000.00 


5,000.00 


5,230.50 


City of New Britain, Conn., 


4s, 


1925 


4,000.00 


4,000.00 


4,234.40 


«« << <• 


4s, 


1927 


10,000.00 


10,000.00 


10,609.00 


Town of Southington, " 


4s, 


1917 


2,000.00 


2,000.00 


2,078.60 


Lyme, 


4s, 


1918 


, , 10,000.00 


10,000.00 


10,425.00 


Essex, 


8AV» 


, 1928 


, 1 10,000.00 


10,000.00 


10,250.00 


City of Middletown, 


W08 


, 1915 


2,000.00 


2,000.00 


2.040.00 


44 Meriden, 44 


4s, 


1905 


, ; l.ooo.oo 


1,000.00 


1,002.50 


n * • «• 


4s, 


1908 


] 2,000.00 


2,000.00 


2,032 60 


44 New Haven, 


4s, 


1916 


1 5,000.00 


5,000.00 


5,230.50 


tl «• 4* 


4s, 


1917 


! 5,000.00 


5,000.00 


5,251.50 


II << <• 


4s, 


1928 


i 1,000.00 


1,000.00 


1,079.60 


Town of 44 


3*s, 


1919 


2,000.00 


2,000.00 


2,005.00 


County of " 


3*8, 


1915 


4,000.00 


4,000.00 


4,080.00 


Town of Wind'r Locks, " 


4s, 


1919 


7,000.00 


7,000.00 


7,310.00 


City of Putnam, 


8*s f 


1929 


20,000.00 


20,000.00 


20,000.00 


44 New London, 44 


8*8, 


1919 


5,000.00 


5.000.00 


5,000.00 


" Stamford, " gold, 


4s, 


1914 


3,000.00 


8,000.00 


8,123.00 


44 Norwalk, 


48, 


1935 


5.000.00* 


5,000.00 


5,464.50 


Town of Greenwich, 


4s, 


1915 


3,000.00 


8,000.00 


8,090.00 


" Killingly, 
Portland, 


3|s, 


1920 


10,000.00 


10,000.00 


10,000.00 


3*8, 


1919 


10,000.00 


10,000.00 


10,000.00 


Borough of Wall'gford, ,4 
City of Danbury, 


3*8, 


1919 


3,000.00 


3,000.00 


3,000.00 


4s, 


1930 


5,000.00 


5,000.00 


5,246.00 


Town of Huntington, " gold, 


4s, 


1917 


2,000.00 


2,000.00 


2,081.20 


City of Providence, R. I., 


4s, 


1926 


8,000.00 


3,000.00 


3,364.00 




4 Boston, Mass., 


5s, 


1905 


2,000.00 


2,000.00 


2.030.00 




4 Paterson, N. J., 


4*8, 


1906 


5,000.00 


5,000.00 


5,067.00 




i it t« 


4s, 


1922 


10,000.00 


10,000.00 


10,527.00 




4 ft it 


4s, 


1932 


5,000.00 


5,000.00 


5,351.00 




4 Hoboken, 


4s, 


1918 


10,000.00 


10,000.00 


10,664.00 




4 Trenton, 


4s, 


1909 


10,000.00 


10,000.00 


10,143.00 




• i < <« 


4s, 


1917 


9,000.00 


9,000.00 


9,563.40 




4 Camden, 44 


44s, 


1922 


10.000.00 


10.000.00 


11,472 00 




4 Columbus, Ohio, 


4s, 


1905 


88,000.00 


38,000 00 


38,095.00 




t n «< 


5s, 


19U 


1,000.00 


1,000.00 


1.053.00 




4 Cincinnati, 44 gold, 


68, 


1906 


3,000.00 


3,000.00 


3.100.00 




i ** i< 


6s, 


1909 


1,000.00 


1.000.00 


1,075.00 




4 Toledo, 


4s, 


1925 


5,000.00 


5,000.00 


5,368.50 




< i« ** 


4s, 


1917 


1,000.00 


1,000.00 


1,050.00 




* t« f< 


41a 


1919 


5,000.00 

Die 


5,000.00 

itized by V^jC 


5,579.50 

)OQle 



BANK COMMISSIONERS* REPORT. 



247 



THE SAVINGS BANK OP ANSONI A.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND 
TION BONDS. — CONTINUED. 



I PAR I 
I VALUE. 



CORPORA 



City of Toledo, Ohio, 



4s, 

3*s, 

5s, 



Canton, " 

Cleveland, " 

South Bend, Ind. , 8*s, 

New Albany, €< gold, 5s, 

Jamestown, N. Y., 4s, 

Chicago, Dl., 

Grand Rapids, Mich., 

Bay City, 

Muskegon, •' 

Saginaw, " 

Lexington, Ky., 



Duluth, Minn. 
Winona, " 

Minneapolis, •* 



St. Louis, Mo., 
Kansas City, " 



Colorado Springs, Col., 
Portland, Oregon, 
Omaha, Neb., 



4s, 

4*8, 

4s, 

5s, 

4s, 

4*s, 

A la 
*t B » 

48, 
5s, 
4*8, 
4*8, 
4s, 
4s, 
gold, 4s, 
3*8, 
4*s, 
4s, 
48, . 
5s, 

4*8, 
4*8, 
4*8, 
4*8, 

5s, 
5s, 
4s, 
4*s, 

£' 

3*8, 



County of Windham, Conn., 
Totals, .... 

RAILROAD BONDS. 

New London Northern, 
«» ** 

Old Colony, gold, 
<* i« 

N. T., New Haven & Hartford, 
Boston & Maine, gold, 



1942, $ 

1929, , 

1916, ' 

1918, 

1912, 

1915, 

1923, 

1908, 

1912, 

1933, 

1920, 

1917, 

1920, 

1904, 

1920, 

1919, 

1914, 

1922, 

1922, 

1917, 

1911, 

1922, 

1915, 

1910, 

1918, 

1923, 

1905, 

1906, 

1907, 

1906, 

1909, 

1912, 

1933, 

1934, 

1918, 

1906, 



I 

1,000.00! 

25,000.00', 

10,000.001 

10,000.00 

5,000.00 

20,000.00 

15,000.00 

1,000.00 

15,000.00 

10,000.00 

5,000.00 

10,000.00 

11,000.00 

9,000.00 

15,000.00 

10,000.00' 

2,000.00 

3,000.00 

1,000.00 

1,000.00 

4,866.50 

15,000.00 

10,000.00 

1,000.00 

25,000.00 

5,000.00 

4.000.00 

8,000.00 

4,000.00 

15,000.00 

2,000.00 

2,000.00 

io.ooo.oo; 

10,000.00. 

5,000.00 

20,000.00 



58, 


1910, 


4s, 


1910, 


4s, 


1925, 


4s, 


1924, 


4s, 


1947, 


4*8, 


1944, 



f 694,866.50 



2,000.00 
1,000.0< 
5,000.00 
2,000.00 
11,000.01 
5,000.00 



BOOK 
VALUE. 



1,000.00 
25,000.001 
10,000.00' 
10,000 00 

5,000.001 
20,000.00 
15,000.00 

1,000.00 
15,000.00 



MARKET 
VALUE. 



10,000.00 

5,000.001 

10,000.00i 

11,000.00 

9,000.00 

15,000.00 

10,000.00 

2,000.00 

3,000.00 

1,000.00 

1,000.00 

4,866.50 

15,000.00 

10,000.00 

1,000.00 

25,000.00 

5,000.00 

4.000.00 

8,000.00 

4,000.00 

15,000.00 

2,000.00 

2,000.00 

10,000.00 

10,000.00 

5,000.00 

20,000.00 



694,806.50 



2,000.00 
1,000.00 
5,000.00 
2,000.00 
11,000.00 
5,000.00 



1,100.00 

25,000 00 

11,460.00 

10,519.00 

5,000.00 

22,720.00 

16,015.50 

1,018.50 

16,147.50 

10,531.00 

5,779.50 

10,400.00 

11,217.00 

9,000.00 

15.849.50 

11.612.00 

2,160.00 

3.390.00 

1,066.00 

1,050.00 

5,125.00 

14,400.00 

10,907.00 

1,025.00 

25,665.00 

5,806.00 

4,001.00 

3,025.00 

4,056.80 

15,130.50 

2,090.00 

2,150.00 

10,171.00 

11,037.00 

5,052.00 

20,000.00 



722.939.75 



2,183.00 
1,016.00 
5,293.00 
2,113.00 
11,550.00 
5,850.00 



Digitized by 



Google 



248 



BANK COMMISSIONERS REPORT. 



THE SAVINGS BANK OP ANSONIA.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 

N. Y. Cent. & Hudson River, gold,34s, 
N. Y. , Lackawanna & Western, 6s, 
Utica & Black River, gold, 4s, 

Central Ry. of New Jersey, gold, 5s, 
Mich. Cent., Det.& Bay City Div., 5s, 
Erie & Pittsburg, 3±s, 

Iowa Falls & Sioux City, • 7s, 

Minneapolis & St. Louis, 7s, 

Chic, Rock Island & Pacific, gold, 4s, 
Chicago, Burlington & Quincy, 3£s, 
Chicago & Alton, gold, 3s, 

Chic. & Northw'n, gen. mtg., gold, Sis, 
Menominee Division, " 7s, 

Madison Extension. " 7s, 

Chicago, Milwaukee & St. Paul : — 
C. & P. Division, 6s, 

Dubuque " 6s, 

Chicago, St. Louis & New Orleans, 6s, 
Illinois Central, gold, 4s, 

Burlington, C. Rap. & North'n,gold,5s f 
Chic, Burlington & Quincy, Ex., 4s, 
Chicago, Milwaukee & St. Paul :— 
C. & P. W. Division, gold, 5s, 



1997, $ 

1921, 

1922, 

1987, 

1981, 

1940, 

1917, 

1927, 

1988, 

1949, 

1949, 

1987, 

1911, 

1911, 

1910, 
1920, 
1907, 
1951, 
1984, 
1905, 

1921, 



Totals, 



BANE STOCKS. 



592 shares Ansonia National, Ansonia, Conn. , $ 



70 

112 

50 

14 

7 

500 

2 

50 

50 

37 

48 

100 

25 

50 

65 



Birmingham " Derby, 
Merchants " New Haven, 
Yale 

National Tradesmen's, " 
New Haven, " 
N. Haven Co. Nat'l, 
Second 

Hartford " Hartford, 

Nat. Bk. of Norwalk.Norwalk, 
Conn. National, Bridgeport, 
Pequonnock Nat'l, " 
Merchants Exch'ge Nat'l, New York, 
Citizen's Central 
American Exchange " " 

National Bank of Com'rce, " 



Totals, 



PAR 
VALUE. 



17,000.00 
5,000.00 

10,000.00 

15,000.00 
7,000.00 

25,000.00 
2,000.00 
6,000.00 
5,000.00 

80,000.00 
5,000.00 
5,000.00 
5,000.00 
5,000.00 

11,000.00 
12,000.00 
7,000.00 
10,000.00 
10,000.00 
10,000.00 

15,000.00 



BOOK 
VALUE. 



17,000.00 
5,000.00 

10,000.00 

15,000.00 
7,000.00 

25,000.00 
2,000.00 
6,000.00 
5,000.00 

80,000.00 
5,000.00 
5,000.00 
5,000.00 
5,000.00 

11,000.00 
12,000.00 
7,000.00 
10,000.00 
10,000.00 
10,000.00 

15,000.00 



MARKET 
VALUE. 



17,085.00 
6,450.00 

10,450.00 

20,100.00 
8,470.00 

25,000.00 
2,500.00 
8,700.00 
5,237.50 

28,300.00 
4,237.50 
5,000.00 
6,250.00 
6,250.00 

12,402.50 
15,120.00 
7,700.00 
11,600.00 
12,200.00 
10,000.00 

17,437.50 



243,OOO.Oo! 243,000.00 

i 


268,845.00 


29,600.00 


29,600.00 


50,820,00 


7,000.00 


7,000.00 


11,900.00 


5,600.00 


5,600 00 


7,280.00 


5,000.00 


5,000.00 


6,750.00 


1,400.00 


1,400.00 


2,240.00 


700.00 


700.00 


1,400.00 


5,000.00 


5,000.00 


8,000.00 


200.00 


200.00 


400.00 


5,000.00 


5,000.00 


6,850.00 


5.000.00 


5,000.00 


5.600.00 


3,700.00 


3,700.00 


6,105.00 


4,800.00 


4,800.00 


7,440.00 


5,000.00 


5,000.00 


8,250.00 


2,500.00 


2,500.00 


3,875.00 


5,000.00 


5,000.00 


11,750.00 


6,500.00 


6,500.00 


14,088.00 


92,000.00 


92,000.00 


152,248.00 



Digitized by 



Google 



EEPOET. 249 



THE SAVINGS BANK OP ANSONIA.— Continued. 

MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 5,864; total amount, $998,648.11 

2 Number of depositors having $1,000 and 

not over $2,000, ..... 444; total amount, 578,095.59 
8 Number of depositors having over $2,000 

and not over $10,000, .... 185; total amount, 575,911.77 

4 Number of depositors having over $10,000, 2; total amount, 24,482.93 

5 Total number of depositors, . . 5,995; total deposits, $3,176,988.40 

6 Largest amount due a single depositor, 13,680.45 

7 Number of accounts opened during the past year, 777 ; number 

closed, 654 ; increase, 123. 

8 Amount deposited, including interest credited, during the past 

year, 608,688.65 

9 Amount withdrawn during the past year, 518,417.46 

10 Amount of increase, 90,271.19 

11 Total of interest and profit and loss and rent ac- 

counts per last report, $14,065.99 

12 Amount of income received during the year, . 92,431.74— 106,497.78 

13 Total expenses including salaries during the 

year 7,443.43 

14 State tax during the year, 4,908.80 

15 Town and city taxes and assessments paid, . 193.80 

16 Net amount of premiums charged off, . 221.50 

17 All other amounts charged off 1,882.50 

18 ^Dividends, 2 per cent, paid Jan. 1, 1904; amount, 39,002.48 

2 per cent, paid July 1, 1904; amount, 39,977.86 

19 Net amount carried to surplus 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 13,367.36— 106,497.73 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . . 24,5^1.70 

23 Loans on real estate — are they all first mortgages? . . Yes 

24 Largest amount loaned on mortgage to, any one individual, firm, 

company, society, or corporation, 42,050.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 89,800.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation/ . . 36,857.00 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, . 82.00 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Monday in July. 

30 Date of annual meeting to elect President, Treasurer, and 

other officers, third Monday in July. 

Officers. — President, Henry J. Smith ; Vice-President, Jonah C. Piatt ; 
Treasurer, Franklin Burton ; Directors or Trustees, Franklin Burton, Frederick 
A. Lines, Norman Sperry. Walter Perry, Albert E. Hotchkiss, Frank E. Hoadley, 
Franklin R. Johnson, E. Sheppard Gordy, Franklin B. Piatt. 

* 8} per cent, per annum on excess of $1,000. 
Bank— 17 



Digitized by LjOOQIC 



260 



BANK COMMISSIONED' REPORT. 



SAVINGS BANK OP DANBURY. 

Henry C. Ryder, Treasurer. Incorporated, 1849. 

STATEMENT, OCTOBER 1, 1904. 



5,857.80 
160,869.15 



ASSETS. 

Loans on real estate, . . $1,893,187.00 
Loans on collateral security, 2,500.00 
Loans on personal security 

only 

Town, city, and borough 

notes ana orders, . 
Town, city, school district, 

and corporation bonds, . 
Railroad bonds. 
Bank stocks in Connecticut, 
Bank stocks in other states, 
Real estate by foreclosure, 
Banking house, . 
Cash in banks, . 
Cash in vault, . 



Total Assets, 



254,950.00 

1,510,000.00 

32,800.00 

4,600.00 

209,445.00 

16,000.00 

52,725.15 

18,089.75 

$3,655,523.85 



LIABILITIES. 



Whole amount of deposits, $3,385,727.89 
Surplus account, 180,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 89,795.96 



Total Liabilities, 



$3,655,523.85 



INVESTMENTS. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 








City of Danbury, . 




. . $ 


10,000.00 


10,000.00 


10,000.00 


Town of Danbury, 






136,869.15 


136,869.15 


136,869.15 


" Bethel, . 






10,000.00 


10,000.00 


10,000.00 


Borough of Bethel, 




. . $ 


4,000.00 


4,000.00 


4,000.00 


Totals 


160,869.15 


160,869.15 


160,869.15 


TOWN, CITY, SCHOOL DISTRICT, AND 


CORPORA- 








TION BONDS 












Atlantic City, N. J., 


4s, 


1921, $ 


50,000.00 


50,000.00 


51,500.00 


Cincinnati, Ohio, 


6s, 


1906, 


16,000.00 


16,000.00 


16,500.00 


<( f< 


**■. 


1906, 


5,000.00 


5,000.00 


5,300.00 


Council Bluffs, Iowa, 


4*8, 


1918, 


15,000.00 


15,000.00 


16,000.00 


Danbury, Conn., 


4s, 


1911, 


1,000.00 


950.00 


1,000.00 


Denver, Col., 


4s, 


1908, 


6,000.00 


6,000.00 


. 6,000.00 


Pueblo, " 


6s, 


1906, 


17,000.00 


17,000.00 


17,400.00 


Kansas City, Kan., 


5s, 


1918, 


20,000.00 


20,000.00 


21,000.00 


<i «i 


4*8, 


1918, 


10,000.00 


10,000.00 


10,500.09 



Digitized by 



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BANK COMMISSIONERS EEPOET. 



251 



SAVINGS BANK OP DAN BURT.— Continued. 
INVESTMENTS.— Continued. 









PAR 


BOOK 


MARKET 


DESCRIPTION. 






VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, 6GHOOL DISTRICT, AND CORPORA- 








TION BONDS.— CONTINUED. 










Wichita, Kan., 5a, 




L910, $ 


10,000.00 


10,000.00 


10,400.00 


Los Angeles, Cal., 4s, 




1909-17, 


60,000.00 


60,000.00 


61,000.00 


San Diego, " 4*8, 


1906-22, 


20,000.00 


20,000.00 


21,000.00 


New Albany, Ind., 5s, 




1915, 


25,000.00 


25,000.00 


26,500.00 


Totals, .... 


255,000.00 


254,950.00 


264,100.00 


RAILROAD BONDS. 












Albany & Susquehanna, 


6s, 

7s, 


1906, $ 
1906, 


10,000.00 
10,000.00 


10,000.00 
10,000.00 


10,500.00 
10,700.00 


Ashtabula & Pittsburg, 


6s, 


1908. 


80,000.00 


30,000.00 


32,400.00 


Bald Eagle Valley, 


6s, 


1910, 


6,000.00 


6,000.00 


6,600.00 


Baltimore & Harrisburg, 


5s, 


1936, 


25,000.00 


25,000.00 


28,500.00 


Beech Creek, 


4s, 


1936, 


20,000.00 


20,000.00 


20,500.00 


Buffalo, New York & Erie, 


7s, 


1916, 


18,000.00 


13.0C0.00 


16,200.00 


Burlington, C. R. & Northern, 


5s, 


1906, 


100,000.00 


100,000.00 


108.000.00 


Chicago, Burlington & Quincy, 


4s, 


1905, 


50,000.00 


50,000.00 


50,200.00 


Chicago & Eastern Illinois, 


5s, 


1937, 


60,000.00 


60,000.50 


72,000.00 


«• f« «« 


6s, 


1907, 


50,000.00 


50,000.00 


53,500.00 


Chicago, Milwaukee & St. Paul : 












Chicago & Pacific, 


6s, 


1910, 


20,000.00 


20,000.00 


22,300.00 


Chicago & Pacific Western, 


5s, 


1921, 


15,000.00 


15,000.00 


17,400.00 


Dubuque Division, 


6s, 


1920, 


10,000.00 


10,000.00 


12,800.00 


Fargo & Southern, 


6x, 


1924, 


5,000.00 


5,000.00 


6,400.00 


Hastings & Dakota, 


7s, 


1910, 


10,000.00 


10,000.00 


11,600.00 


• < i* 


5s, 


1910, 


20,000.00 


20,000.00 


21,200.00 


LaCrosse & Davenport, 


5s, 


1919, 


10,000.00 


10,000.00 


11,400.00 


Mineral Point, 


5s, 


1910, 


40,000.00 


40,000.00 


42,500.00 


Southern Minnesota, 


6s, 


1910, 


80,000.00 


30,000.00 


33,400.00 


Southwest Division, 


6s, 


1909, 


60,000.00 


60,000.00 


66,800.00 


Wisconsin & Minnesota, 


5s, 


1921, 


80,000.00 


80,000.00 


85,700.00 


Wisconsin Valley, 


7s, 


1909, 


20,000.00 


20,000.00 


23,000.00 


Chicago & Northwestern : — 












Chicago & Tomah, 

Des Moines & Minneapolis, 




1905, 


25,000.00 


25,000.00 


25,500.00 


7s, 


1907, 


15,000.00 


15,000.00 


15,900.00 


Madison Extension, 


7s, 


1911, 


5,000.00 


5,000.00 


6,000.00 


Menominee Extension, 


7s, 


1911, 


10,000.00 


10,000.00 


12,000.00 


Milwaukee, L. 3. & Western, 


6s, 


1921, 


30,000.00 


80,000.00 


39,000.00 


tt a << 


6s, 


1924, 


20,000.00 


20,000.00 


26,000.00 


Milwaukee & Madison, 


6s, 


1905, 


15,000.00 


15,000.00 


15,200.00 


Northwestern Union, 


7s, 


1917, 


25,000.00 


25,000.00 


83,000.00 


OttumwA, C. P. & St. Paul, 


5s, 


1909, 


15,000.00 


15,000.00 


15,600.00 


St. Paul & Sioux Citv, 
Chicago, Rock Island & Pacific, 


6s, 


1919, 


30,000.00 


80,000.00 


36,400.00 


4s, 


1988, 


25,000.00 


25,000.00 


26,000.00 


Clearfield & Mahoning, 


5s, 


1943, 


15,000.00 


15,000.00 


17,100.00 


Danbury & Norwalk, 


6s, 


1920, 


6,000.00 


6,000.00 


7,500.00 


Delaware & Hudson, 


7s, 


1917, 


20,000.00 


20,000.00 


26,700.00 



Digitized by 



Google 



252 



BANS COMMISSIONERS' REPOET. 



SAVINGS BANK OP DANBURY.— Continued. 
INVESTMENTS.— Contihukd. 



DESCRIPTION. 


^ 




PAR 


ROOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS.— CONTINUED. 








East Pennsylvania, 


4s, 


1958, $ 


15,000.00 


15,000.00 


16,000.00 


Great Northern : — 












Dakota Extension, 


6s, 


1910, 


100,000.00 


100,000.00 


111,500.00 


Eastern Minnesota, 


5s, 


1908, 


100,000.00 


100,000.00 


104,000.00 


Montana Extension, 


4s, 


1937, 


25,000.00 


25,000.00 


25,200.00 


St. Paul, M. & Manitoba 


6s, 


1909, 


80,000.00 


80,000.00 


86,800.00 


Iowa Palls & Sioux City, 


7s, 


1917, 


20.000.00 


20,000.00 


26,000.00 


Lon£ Island, 


4s, 


1982, 


20,000.00 


20,000.00 


20,000.00 


Louisville & Nashville, 


5s, 


1937, 


10,000.00 


10,000.00 


11,500.00 


Minneapolis & St. Louis, 


7s, 


1910, 


40,000.00 


40,000.00 


46,400.00 


(« <« 


7s, 


1907, 


20,000.00 


20,000.00 


21,000.00 


«( tt 


5s, 


1984, 


40,000.00 


40,000.00 


48,000.00 


Morris & Essex, 


7b, 


1914, 


50,000.00 


50,000.00 


65,000.00 


Peoria & Pekin Union, 


6s, 


1921, 


30,000.00 


30,000.00 


37,500.00 


Pittsburg, McK.& Youghiogheny, 6s, 


1932, 


80,000.00 


30,000.00 


39,000.00 


Sharon, 


4*8, 


1919, 


20,000.00 


20,000.00 


20,400.00 


Southwest Pennsylvania, 


7s, 


1917, 
• • $ 


10,000.00 


10,000.00 


13,000.00 


Totals, .... 


1,510,000.00 


1,510,000.00 


1,701,800.00 


BANK STOCKS. 












242 shares Danbury National, 




$ 


24,200.00 


24,200.00 


25,400.00 


50 " City National, 


Danbury, 
Norwalk, 


5,000.00 


5,000.00 


5,800.00 


16 " National, 


1,600.00 


1,600.00 


1,600.00 


15 " Phoenix, 


Hartford, 


1,500.00 


1,500.00 


1,700.00 


84 " Citizens Central, 


New York, 


8,400.00 


3,400.00 


5,400.00 


80 " Nassau, 




<« 

. $ 


1,500.00 


1,200.00 


2,700.00 


Totals 


87,200.00 


86,900.00 


42,100.00 



MISCELLANEOUS ITEMS. 



Number of depositors having less than 
$1,000 

Number of depositors having $1,000 and 
not over $2,000, .... 

Number of depositors having over $2,000 
and not over $10,000, '. 

Number of depositors having over $10,000, 



6,355 ; total amount, $1,884,830.89 
617 ; total amount, 838,272.46 



830 ; total amount, 
0; total amount, 



1,162,624.54 

___ 

Total number of depositors, . . 7,802; total deposits, $3,885,727.89 

Largest amount due a single depositor, 10,000.00 

Number of accounts opened during the past year, 847; number 
closed, 888; increase, 9. 



Digitized by 



Google 



BANK commissioned' kepobt. 258 

SAVINGS BANK OP D ANBURY.— Continued. 

MISCELLANEOUS ITEMS. — Continued. 

8 Amount deposited, including interest credited, during the past 

year, $784,018,55 

9 Amount withdrawn during the past year 729,365.22 

10 Amount of increase, 54,648.38 

11 Total of interest and profit and loss and rent 

accounts per last report, .... $71,777.52 

12 Amount of income received during the year, 180,418.84r— 252,191.36 

13 Total expenses including salaries during the year, 8,259.95 

14 State tax during the year, 4,797.25 

15 Town and city taxes and assessments paid, 6,328.51 

16 Net amount of premiums charged off, . 9,784.07 

17 All other amounts charged off, . . . . 20,210.01 

18 Dividends, 1£ per ct. paid Apr. 1, 1904; amount, 56,419.26 

If per ct. paid Oct. 1, 1904 ; amount, 56,646.85 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent 

accounts per this report 89,795.96— 252,191.36 

21 Amount of past-due paper at this time is 8,804.80 

22 Amount of assets yielding no income the past year, . . 8,230.00 

23 Loans on real estate — are they all first mortgages ? . . . Yes. 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 38,500.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 3,304.80 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation 2,000.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, June. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, June. * 

Officers. — President, John W. Bacon ; Treasurer, Henry C. Ryder ; Direct- 
ors or Trustees, G. Mortimer Bundle, Frank E. Hartwell, Henry M. Robinson, 
Henry C. Ryder, Howard H. Woodman, Rqbert McLean, John R. Hill, D wight E. 
Rogers, Alfred N. Wildman. 



Digitized by LjOOQIC 



254 



BANK COMMISSIONERS' REPORT. 



THE SAVINGS BANK OP NEW BRITAIN. 



W. F. Walker, Treasurer. 



Incorporated, 1862. 



STATEMENT, OCTOBER 1, 1904. 



ABSET8. 

Loans on real estate, . . $2,865,425.00 

Loans on collateral secur- 
ity, .... 817,936.00 

Loans on personal security 
only, .... 81,750.00 

Town, city, and borough 
notes and orders, . 8,000.00 

Town, city, school district, 
and corporation bonds, . 361,865.40 

Railroad bonds, . 1,614,700.00 

Bank stocks in Connecticut, 161 ,100.00 

Bank stocks in other states, 78,000.00 

Real estate by foreclosure, 8,928. 62 

Banking-house, . . . 60,000.00 

Insurance and taxes ad- 
vanced on real estate 
mortgaged, . 

Cash in banks, . 

Cash in vault, . 



Total Assets, 



2,726.47 

102,581.48 

13,038.82 

(5,616,055.79 



LIABILITIES. 

Whole amount of deposits, $5,325,614.64 

Surplus account, . 137,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 151,085.15 

Profit and loss account, . 2,406.00 



Total Liabilities, . $5,616,055.79 



INVESTMENTS. 









PAR 


BOOK 


MARKET 


DESCRIPTION 






VALUE. 


VALUE. 


VALUE. 


TOWN, CITT, AND BOROUGH NOTES AND ORDERS. 








Town of Plymouth, Conn., 


• 


. . $ 


8,000.00 


8,000.00 


.8,000.00 


TOWN, OfTT, SCHOOL DISTRICT, AND 


CORPORA- 








TION BONDS 












Atlantic City, N. J., 


4fl, 


1931, $ 


10,000.00 


10,000.00 


10,500.00 


*t . << 


4s, 


1921, 


5.000.00 


5,000.00 


5,150.00 


Colorado Springs, Col., 
Cedar Rapids, Iowa, 


4s, 


1914-29, 


30,000.00 


30,000.00 


81,200.00 


6s, 


1910-18, 


15,000.00 


16,665.40 


16,665.40 


Columbus, Ohio, 


5s, 


1918, 


25,000.00 


25,000.00 


27,500.00 


Kansas City, Ran., 


5s, 


1917, 


10,000.00 


10,000.00 


11,200.00 


it n 


6s, 


1915, 


28,000.00 


28.000.00 


83,500.00 


a tt 


6s, 


1906-10, 


18,000.00 


18,000.00 


19,400.00 


n (t 


5s, 


1906-12, 


5.000.00 


5,000.00 


5,250.00 


Muskegon, Mich., 
New Albany, Ind., 


4s. 


1934, 


10,000.00 


10,000.00 


10.400.00 


5s, 


1915, 


. 15,000.00 


15,000.00 


16,600.00 


New Britain, Conn., 


4s, 


1908-09, 


.20,000.00 


20,000.00 


i 20,400.00 



Digitized by 



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BANK COMMISSIONERS' EEPOET. 



255 



THE SAVINGS BANK OF NEW BRITAIN.— Continued. 



INVESTMENTS.— Cohtihubd. 



DESCRIPTION 


r. 




PAR 


BOOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DIBTRICT, ANI 


> CORPORA - 








TION BONDS. — CONTINUED. 








Omaha, Neb., 


48, 


1020, | 


20,000.00 


20,000.00 


20,400.00 


<« 


5s, 


1912, 


20,000.00 


20,000.00 


21,600.00 


t( 


4s, 


1088, 


25,000.00 


25,000.00 


25,500.00 


Paducah, Ky., 


4s, 


1024, 


20,000.00 


21,200.00 


21,200.00 


Portland, Ore., 


5s, 


1922-28, 


20,000.00 


20,000.00 


23,500.00 


Sioux City, Iowa, 


4*s, 


1920, 


10,000.00 


10,000.00 


10,800.00 


South Omaha, Neb., 


6s, 


1912, 


0,000.00 


0,000.00 


10,800.00 


«« «« 


6s, 


1909-24, 


4,000.00 


4,000.00 


4,200.00 


Superior, Wis., 
Toledo, Ohio, 


68, 


1910, 


25,000.00 


25,000.00 


25,000.00 


4s, 


1982, 


15,000.00 


15,000.00 


15,600.00 


Totals, 


850,000.00 


861,865.40 


885,865.40 


RAILROAD BONDS. 










Baltimore & Harrisburg, 


5s, 


1986, $ 


85,000.00 


86,500.00 


98,500.00 


Cedar Rap. & Missouri Riv., 
Central of New Jersey, 


7s, 


1916, 


45,000.00 


40,500.00 


58,800.00 


5s, 


1987, 


50,000.00 


62,500.00 


66,000.00 


Clearfield & Mahoning, 
Chic. & Northw'n (N. W.TJn.) 


6s, 


1948, 


15,000.00 


15,000.00 


17,600.00 


,7s, 


1917, 


65,000.00 


. 65,000.00 


86,400.00 


Chic, Mil. & St. Paul:— 












Wis. Valley Division, 


6s, 


1920, 


40,000.00 


42,500.00 


50,000.00 


Chic. & Pac. West. Div., 


5s, 


1921, 


60,000.00 


66,000.00 


60,500.00 


General Mortgage, 
Chic, St. L. & New Orleans 


8*s, 


1989, 


25,000.00 


25,000.00 


24,600.00 


, 5s, 


1951, 


104,000.00 


113,000.00 


127,000.00 


Chic, St. P. , Minn. & Omaha, 6s, 


1980, 


178,000.00 


107,500.00 


231,500.00 


Chic. & Eastern Illinois, 


6s, 


1984. 


86,000.00 


44,000.00 


47,000.00 


<i <« 


5s, 


1987, 


46,000.00 


51,000.00 


54,200.00 


Clearfield & Jefferson, 


6s, 


1927, 


8,000.00 


8,200.00 


10,200.00 


Cumberland Valley, 


8s, 


1908, 


8,000.00 


3,000.00 


3,850.00 


Eastern Ry. of Minnesota, 
Elgin, Joliet & Eastern, 


4s, 


1948, 


25,000.00 


25,000.00 


25,500.00 


5s, 


1941, 


1,000.00 


1,140.00 


1,160.00 


Genesee & Wyoming, 
Iowa Falls & Sioux City, 


5s, 


1929, 


60,000.00 


66,300.00 


67,500.00 


7s, 


1917, 


30,000.00 


80,000.00 


38,100.00 


Louisville & Nashville, 


58, 


1937, 


5,000.00 


5,510.00 


5,800.00 


St. Louis Division, 


6s, 


1921, 


7,000.00 


7.000.00 


8,400.00 


Minneapolis & St. Louis, 


7s, 


1927, 


50,000.00 


66,500.00 


60,000.00 


Northern of New Jersey, 


6s, 


1917, 


15,000.00 


15,000.00 


17,000.00 


Peoria & Pekin Union, 


6s, 


1921, 


75,000.00 


81,500.00 


88,500,00 


Phila., Harrisb'rg & Pitts'g, 


5s, 


1925, 


20,000.00 


20,000.00 


21,200.00 


Potomac Valley, 


5s, 


1941, 


60,000.00 


56,850.00 


58,300.00 


Pitts., McEees. & Yough'ny 


,6s, 


1932, 


5,000.00 


5,700.00 


7,000.00 


Staten Island, 


4*s, 


1943, 


30,000.00 


30,000.00 


30,000.00 


St. Paul, Minn. & Manitoba, 


6s, 


1938, 


100,000.00 


126,500.00 


132,500 00 


Montana Central, 


6s, 


1937, 


100,000.00 


117,500.00 


133,000.00 


St Paul & Sioux City, 


6s, 


1919, 


15,000.00 


17,000.00 


18,400.00 


Terre Haute & Indianapolis, 


5s, 


1925, 


20,000.00 


20,000.00 


21,500.00 



Digitized by 



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256 



BANK COMMISSIONERS' REPORT. 



THE SAVINGS BANK OP NEW BRITAIN.— Continued. 



INVESTMENTS.— Continued. 



description. 



PAR 
VALUE. 



RAILROAD BONDS. — CONTINUED. 

Tuscarora Valley, 5b, 1917, 

Willmar & Sioux Falls, 5s, 1988, 



Totals, $ 



BANK STOCKS. 

850 shares New Britain Nat'l, New Britain, $ 

100 " Mechanics 

200 " Hartford " Hartford, 

120 " Phoanix 

75 " Mercantile 

83 " Farm.&Mech. " 

100 " First 

61 " J3tna 

20 " American " " 

100 " City, 

200 " National Exchange, 

250 " N. Haven Co. Nat., New Haven, 

45 " Nat. Tradesmens, 

50 " Second National, 

80 " Deep River 

20 " ~ 
5 

15 



45 

28 

60 

25 

25 

25 

130 

50 

50 

10 

200 

105 

75 

20 



Danbury 

First 

City 

First 

Manufacturers 

Citizens 

Waterbury 

First 

First 

First 

Hanover 

Am. Ex. 

Third 

Imp. & Trad. " 

Nat. of Commerce, 

Nat. Shoe & Leather, 

National Park, 

Trust Co. of America, 



Deep River, 
Danbury, 
Suffleld, 
So. Norwalk, 
New Milford, 
Waterbury, 



Meriden, 
Wallingford, 
Stonington, 
New York, 



Totals, 



80,000.00 
60,000.00 



1,453,000.00 



85,000.00 

10,000.00 

20,000.00 

12,000.00 

600.00 

8,800.00 

10,000.00 

6,100.00 

1,000.00 

10,000.00 

10,000.00 

2,500.00 

4,500.00 

5,000.00 

3,000.00 

2,000.00 

600.00 

1,500.00 

8,200.00 

4,500.00 

2,800.00 

8,000.00 

2,500.00 

2,500.00 

2,500.00 

18,000.00 

5,000.00 

4,000.00 

1,000.00 

20,000.00 

10,500.00 

7,500.00 

2,000.00 



BOOK 
VALUE. 



80,000.00 
64,500.00 



1,614,700.001,788,810.00 



85,000.00 

10,000.00 

20,000.00 

12,000.00 

600.00 

3,300.00 

10,000.00 

6,100.00 

1,000.00 

10,000.00 

10,000.00 

2,500.00 

4,500.00 

5,000.00 

8,000.00 

2,000.00 

500.00 

1,500.00 

8,700.00 

4,500.00 

8,200.00 

4,200.00 

8,500.00 

2,500.00 

2,500.00 

16,000.00 

5,000.00 

4,000.00 

2,500.00 

20,000.00 

10,500.00 

12,500.00 

7,500.00 



MARKET 
VALUE. 



81,500.00 

69,500.00 



221,000.00, 239,100.00 



55,000.00 

18,000.00 

26,000.00 

14,200.00 

600.00 

3,900.00 

13,500.00 

11,000.00 

1,400.00 

9,000.00 

12,000.00 

3,600.00 

8,000.00 

9,500.00 

3,300.00 

2,000.00 

800.00 

8,000.00 

6,000.00 

5,500.00 

3,800.00 

4,800.00 

4,300.00 

2,750.00 

3,000.00 

65,000.00 

11,000.00 

4,000.00 

5,750 00 

42,000.00 

13,500.00 

30,000 00 

9,000.00 



404,200.00 



Digitized by 



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BANK COMMISSIONED' EEPOET. 



257 



THE SAVINGS BANK OP NEW BRITAIN.— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 11,370; total amount,- $3,199,425.72 

2 Number of depositors having $1,000 and 

not over $2,000 1,017; total amount, 1,857,121.95 

3 Number of depositors having over $2,000 

and not over $10,000, .... 485; total amount, 1,699,037.32 

4 Number of depositors having over $10, 000, 6; total amount, 70,029.65 

5 Total number of depositors, . . 12,878; total deposits, $5,825,614.64 

6 Largest amount due a single depositor, 18,600.82 

7 Number of accounts opened during the past year, 2,458 ; num- 

ber closed, 843; increase, 1,610. 

8 Amount deposited, including interest credited, during the past 
year, 1,389,578.12 

Amount withdrawn during the past year, 1,048,722.42 



9 
10 
11 

12 
18 

14 
15 
16 

17 
18 

19 
20 

21 
22 
28 
24 



26 
27 



$152,825.91 
266,615.18— 

14,787.60 
11,835.56 

31,269.75 
8,000.00 
95,374.46 
99,782.52 
10,000.00 

158,441.15— 



Amount of increase, 

Total of interest and profit and loss, and rent 

accounts per last report 

Amount of income received during the year, 
Total expeoses including salaries during the 

year, ........ 

State tax during the year, 

Town and city taxes and assessments paid, 
Net amount of premiums charged off, 

All other amounts charged off 

Dividends: 2 per cent, paid Jan., 1904; amount, 

2 per cent, paid July, 1904; amount, 

Net amount carried to surplus, .... 

Total of interest and profit and loss and rent 

accounts per this report, .... 
Amount of past-due paper at this time is 
Amount of assets yielding no income the past year, 
Loans on real estate — are they all first mortgages ? 
Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 

Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 

Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Wednesday in July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, third Wednesday in July. 



340,855.70 



419,441.04 



419,441.04 



29,600.00 

Yes 

65,000.00 

8,000.00 

89,750.00 






Officers.— President, Levi S. Wells ; Treasurer, W. F. Walker ; Directors 
or Trustees, Levi S. Wells, Philip Corbin, John B. Talcott, Henry E. Russell, 
William P. Walker, Charles B. Oldershaw, H. Dayton Humphrey, Lester A. Vib- 
berts, Charles B. Stanley. 



Digitized by 



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258 



BANK COMMISSIONED 7 EEPOET. 



THE SAVINGS BANK OP NEW LONDON. 

Walter Learned, Treasurer. Incorporated, 1827. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, 


$1,726,400.00 


Whole amount of deposits, 


(8,473,595.05 


Loans on collateral security, 


102,075.00 


Surplus account, 


357,847.08 


Loans on personal security 




Interest account, less cur- 




only, .... 


10,000.00 


rent expenses, and taxes 




School district notes and 




paid, . . . . 


93,787.19 


orders, .... 


13,025.00 


Profit and loss account, . 


302.50 


United States bonds, 


250,000.00 


Rent account, . 


1,077.20 


State bonds, 


9,167.55 






Town, city, school district, 








and corporation bonds, 


2,954,500.00 






Railroad bonds, 


3,191,900.00 






Railroad stocks. 


75,800.00 






Bank stocks in Connecticut, 


97,250.00 






Bank stocks in other states, 


195,300.00 






Real estate by foreclosure, 


58,466.84 






Banking house, 


100,000.00 






Cash in banks, 


140,270.85 






Cash in vault, . 


7,458.78 


Total Liabilities, 




Total Assets, 


(8,926,109.02 


18,926,109.02 



INVESTMENTS. 



DESCRIPTION. 



UNITED STATES BONDS. 



Fours of 1907, registered, . 
Fours of 1925, registered, . 
Fours of 1925, coupon, 
Threes of 1908-18, coupon, . 



Totals $ 



STATE BONDS. 

Washington 7 per cent, warrants, 



SCHOOL DISTRICT NOTES AND ORDER8.' 

First School District, Groton, 

Union M New London, . 



Totals, 



PAR 
VALUE. 



25,000.00 

65,000.00 

110,000.00 

50,000.00 



250,000.00 



9,167.55 



6,200.00 
6,825.00 



BOOK 
VALUE. 



25,000.00 

65,000.00 

110,000.00 

50,000.00 



250,000.00 



9,167.55 



6,200.00 
6,825.00 



MARKET 
VALUE. 



26,906.25 

85,556.25 

144,787.50 

52,812.50 



310,062.50 



9,167.55 



6,200.00 
6,825.00 



$ 13,025.00| 13,025.00 13,025.00 
Digitized by LjOOSlC 



>g l 



BANK COMMISSIONERS* REPORT. 



259 



THE SAVINGS BANK OF NEW LONDON— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



PAR 
VALUE. 



RAILROAD 8TOCK8. 

Boston & Albany, 

Boston & Lowell, 

Michigan Central, 

New York Central & Hudson River, 

New York, New Haven & Harttord, 



* 



Totals $ 75,800.00 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. 



Citj of Altoona, optl 1905, 

" Bay City, 

<4 14 

" Bloom'gton, optl 1912, 

44 Boston, 

'• Brooklyn, 

*t it 

11 Buffalo, 

" Camden, 

11 Canton, 



" Cincinnati, 
11 Cleveland, 



M Col. Sp'gs, optl 1911, 
1918, 
1914, 
1916, 
1902, 
1906, 



" Columbus, 



opt! 1910, 



Danbury, 

Dayton, 

Dubuque, 

Duluth, 
<< 

India'polis, optl 1900, 



4s, 

Sis, 

7s, 

7s, 

7s, 

7s, 

4s, 

4*s, 

5s, 

5s, 

7s. 

4s, 

4s, 

4s, 

4s, 

4s, 



4s, 

4*s, 

5s, 

4s, 

4s, 

4*8, 

4*s, 

5s, 

5s, 

3*s, 

5s, 

4s, 

5s, 

5s, 

4s, 

4s, 



1925, $ 
1912, 



1922, 

1919, 

1918, 

1915, 

1919, 

1905-6, 

1928, 

1928, 

1905-7, 

191&-17, 

1908, 

1912-18, 

1918, 



1925, 

1916, 

1918, 

1929, 

1981, 

1912, 

1911, 

1910, 

1920, 

1914, 

1921, 

190&-8, 

1910-13, 

1941, 

1915-19, 

1916-17, 

1918, 

1923, 

1910, 

1924, 



7,000.00 

4,000.00 

7,200.00 

21,100.00 

86,000.00 



40,000.00 

12,000.00 

5,000.00 

27.000.00 

152,000.00 

50,000.00 

10,000.00 

41,000.00 

2,000.00 

10,000.00 

18,000.00 

15,000.00 

40,000.00 

27,000.00 

116,000.00 

50,000.00 

50,000.00 

84,000.00 

13,000.00 

50,000.00 

80,000.00 

56,000.00 

1.000.00 

20,000.00 

2,000.00 

20,000.00 

1,000.00 

22,000.00 

11,000.00 

55,000.00 

20,000.00 

68,000.00 

65,000.00 

1,000.00 

5,000.00 

3,000.00 

1,000.00 



BOOK 
VALUE. 



7,000.00 

4,000.00 

7,200.00 

21,100.00 

86,000.00 



75,800.00 



40,000.00 
12,000.00 

5,000.00 
27,000.00 
152,000.00 
50,000.00 
10,000.00 
41,000.00 

2,000.00 
10,000.00 
18,000.00 

15,000:00 

40,000.00 

27,000.00 

116,000.00 

50,000.00 

50,000.00 

84,000.00 

18,000.00 

50,000.00 

80.000.00 

56,000.00 

1,000.00 

20,000.00 

2,000.00 

20,000.00 

1,000.00 

22,000.00 

11,000.00 

55,000.00 

20,000.00 

68,000.00 

65,000.00 

1,000.00 

5,000.00 

3,000.00 

1,000.00 



MARKET 
VALUE. 



17,480.00 

9,480.00 

9,108.00 

26,902.60 

69,120.00 



182,040.50 



40,100.00 

12,210.00 

5,162.50 

27.540.00 

154,660.00 

64,000.00 

18,850.00 

58,220.00 

2,100.00 

10,400.00 

14,170.00 

15,887.50 

45,000.00 

82,400.00 

119,190.00 

52,000.00 

52,875.00 

85,870.00 

13,000.00 

50,000.00 

80,000.00 

56,000.00 

1,000.00 

20,400.00 

2,030.00 

20,800.00 

1,060.00 

23,980.00 

11,385.00 

59,400.00 

20,000.00 

76,500.00 

68,250.00 

1,130.00 

5,800.00 

3,000.00 

1,055.00 



Digitized by 



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260 



BANK COMMISSIONED 7 EEPOET. 



THE SAVINGS BANK OF NEW LONDON.— Continued. 
INVESTMENTS.— Contiwubd. 



DESCRIPTION 






PAB 


BOOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DIBTBICT, AND CORPORA- 








TION BONDS.— CONTINUED. 










City of Jackson, 


4fS, 


1913, $ 


3,500.00 


3,500.00 


3,710.00 




1 Joliet, 


4*s, 


1910, 


15,000.00 


15,000.00 


15,600.00 




' Lexington, 


4s, 


1935, 


25,000.00 


25,000.00 


26,250.00 




' Los Angeles, 


4s, 


1905, 


1,000.00 


1,000.00 


1,005.00 




t tt 


4*8, 


1907, 


5,000.00 


5,000.00 


5,137.50 




i it 


4*s, 


1916, 


1,000.00 


1,000.00 


1,097.50 




t (1 


4*s, 


1923-85, 


15,000.00 


15,000.00 


17,475.00 




t tt 


5s, 


1905-9, 


19,000.00 


19,000.00 


19,760.00 




' Louisville, 


4s, 


1928-80, 


62,000.00 


62,000.00 


66,030.00 




t t* 


5s, 


1911, 


10,000.00 


10,000.00 


10,850.00 




s "So. Louisville, 


6s, 


1912, 


35,000.00 


35,000.00 


40,950.00 




' Minneapolis, 


4s, 


1918-20, 


4,000.00 


4,000.00 


4,280.00 




t tt 


4*s, 


1918-14, 


22,000.00 


22,000.00 


28,980.00 




t it 


8s, 


1905, 


1,000.00 


1,000.00 


1,045.00 




' New London, 


3*s, 


1919-26, 


120,000.00 


120,000:00 


120,000.00 




f tt 


4s, 


1920-24, 


76,500.00 


76,500.00 


81,472.50 




t tt 


7s, 


1905, 


5,000.00 


5,000.00 


5,175.00 




' Omaha, 


4s, 


1918, 


28,000.00 


28,000.00 


28,000.00 




t <f 


4*s, 


1906, 


10,000.00 


10,000.00 


10,100.00 




i «• 


5s, 


1909-12, 


2,000.00 


2,000.00 


2,110.00 




• Portland, Ore., 


5s, 


1917, 


4,000.00 


4,000.00 


4,500.00 




i tt 


5s, 


1928, 


25,000.00 


25,000.00 


29,875.00 




Albina, 


6s, 


1921, 


2,000.00 


2,000.00 


2,560.00 




E. Portland, 


6s, 


1921, 


26,000.00 


26,000.00 


83,280.00 




' Pueblo, 


4*8, 


1911-14, 


101,000.00 


101,000.00 


104,030.00 




i n 


4*8, 


1918, 


57,000.00 


57,000.00 


59.850.00 




4 Quincy, Mass., 


4s, 


1914, 


3,000.00 


8,000.00 


8,127.50 




1 Ban Diego, 
- Sioux City, 


4*s, 


1923-34, 


42,000.00 


42,000.00 


45,860.00 




4*s, 


1908-13, 


68,000.00 


68,000.00 


70,720.00 




' South Bend, 


4s, 


1917, 


5,000.00 


5,000.00 


5,125.00 




1 Springfield, Ohio, 


5s, 


1914-15, 


19,000.00 


19,000.00 


21,660.00 




* St. Louis, 


3*8, 


1922, 


50,000.00 


50,000.00 


49,000.00 




1 St. Paul, 


4s, 


1920, 


4,000.00 


4,000.00 


4,240.00 




< i< 


44s, 


1917-21, 


79,000.00 


79,000.00 


88,085.00 




t tt 


5s, 


1909-15, 


18,000.00 


18,000.00 


19,890.00 




' Terre Haute, opt'l 1906,4s, 


1916, 


10,000.00 


10,000.00 


10,100.00 




• Toledo, 


4s, 


1906-17, 


2,000.00 


2,000.00 


2,035.00 




t 1 1 


4s, 


1942, 


500.00 


600.00 


520.00 




< tt 


4*3, 


1906, 


6,000.00 


6,000.00 


6,060.00 




t tt 


4*8, 


1904, 


2,000.00 


2,000.00 


2,000.00 




t tt 


4*s, 


1909-17, 


78,000.00 


78,000.00 


82,290.00 




t n 


5s, 


1911, 


1,000.00 


1,000.00 


1,075.00 




* Waterbury, 


34s, 


1920-32, 


62,000.00 


62,000.00 


62,000.00 




i tt 


4s, 


1919, 


10,000.00 


10,000.00 


10,450.00 




' Wonsocket, 


4s, 


1923, 


100,000.00 


100,000.00 


108,250.00 




' Zaoesville, 


4*8, 


1905-7, 


2,000.00 


2,000.00 


2,030.00 


Borough of Bristol, 


4s, 


1920-25, 


20,000.00 


20,000.00 


21.050.00 


< 


' Greenwich, 


4s, 


1922, 


20,000.00 


20,000.00 


21,050.00 



Digitized by LjOQQ IC 



BANK COMMISSIONED BEPOBT. 



261 



THE SAVINGS BANK OF NEW LONDON.— Continued. 



INVESTMENTS.— Cohtisotd. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITT, SCHOOL DISTRICT, AND CORPORA 
TION BONDS.— CONTINUED. 

Boro' of Naugatuck, 4s, 1911-18,$ 
" Ridgefleld,opt'11922, 3*8, 1932, 
" Wallingford,' 1 1904, 4s, 1912, 

4s, 1918-14, 
Sis, 1911-12, 
'• Willimantic, 4s. 1914, 
Town of Ansonia, 4s, 1912, 
•• Bethel, 4s, 1919, 
" Danbury. 8*8, 1982, 
" East Lyme, 41s, 1905, 
" Easton, 3|s, 1939, 
" Glastonbury, 4s, 1918-18, 
'• Montville, 6s, 1906, 
" Naugatuck, 4s, 1907-12, 
" New Britain.opt'l 1914,34s, 1929, 
" 8*8, 191&-85, 
4s, 1920-28, 
" Portland, 8Js, 1919, 
" Stamford, 4s, 1927, 
" Vernon, 4e, 1922, 
" Wallingford, 4s, 1927, 
" West Hartford, 4s, 1910-20, 
44 Windsor Locks, 4s, 1922, 
" Windham, 4s, 1925, 
Meet. Ho. Sch'l Dist. , Green'h, 4s, 1913, 
8ec. North " Hartford,4s, 1924, 
Southwest " " 4s, 1925, 
New Haven City Sch'l Dist., 4s, 1929-34, 


16,000.00 

15,000.00 

20,000.00 

23,000.00 

12,000.00 

26,000.00 

15,000.00 

15,000.00 

55,000.00 

4,000.00 

5,000.00 

23,000.00 

30,000.00 

25,000.00 

10,000.00 

40,000.00 

20,000.00 

5,000.00 

8,000.00 

50,000.00 

11,000.00 

7,000.00 

25,000.00 

20,000.00 

25,000.00 

6,000.00 

10,000.00 

20,000.00 


16,000.00 

15,000.00 

20,000.00 

23,000.00 

12,000.00 

25,000.00 

15,000.00 

15,000.00 

65,000.00 

4,000.00 

5,000.00 

23,000.00 

30.000.00 

25,000.00 

10,000.00 

40,000.00 

20,000.00 

5,000.00 

8,000.00 

50,000.00 

11,000.00 

7,000.00 

25,000.00 

20,000.00 

25,000.00 

6,000.00 

10,000.00 

20,000.00 


16,480.00 

15,000.00 

20,550.00 

23,690.00 

12,000.00 

25,750.00 

15,415.00 

15,675.00 

55,000.00 

4,040.00 

5,000.00 

23,920.00 

81,350.00 

25,562.50 

10,000.00 

40,000.00 

21,100.00 

5,000.00 

8,500.00 

52,625.00 

11,687.50 

7,280.00 

26,812.50 

21,200.00 

25,750.00 

6,180.00 

10,800.00 

22,000.00 


Totals, $ 

RAILROAD BONDS. 

Buffalo, New York & Erie, 7s, 1916, $ 
Bur.,Cedar Rapids &Northern,5s, 1934, 
Central of New Jersey, 5s, 1987, 
Central Ohio, 4Js, 1930, 
Chicago & Eastern Illinois, 5s, 1937, 

1 6s, 1934, 

Chicago & Northwestern: — 

Cedar Rapids A Mo. River, 7s, 1916, 
Northwestern Union, 7s, 1917, 
Mil., Lake Shore & Western, 6s, 1921, 

Ashland Div., 6s, 1926, 

Michigan Division, 6s, 1924, 
Chicago, Burl. & Quincy, 8Js, 1949, 

Illinois Division. 4s, 1949, 


2,954,500.00 

100,000.00 
50,000.00 
25,000.00 
23,000.00 

276,000.00 
18.000.00 

57,000.00 
60,000.00 
40,000.00 
26,000.00 
35,000.00 
50,000.00 
50,000.00 


2,954,500.00 

100,000.00 
50,000.00 
25,000.00 
23,000.00 

276.000.00 
18,000.00 

57,000.00 
60,000.00 
40,000.00 
26,000.00 
35,000.00 
50,000.00 
60,000.00 


3,124,982.50 

125,250.00 
59,562.50 
83,468.75 
24,897.50 

831,200.00 
24,030.00 

75,097.50 
80,250.00 
53,100.00 
83,995.00 
45,762.50 
47,125.00 
52,612.50 



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262 



BANK COMMISSIONED' BEPORT. 



THE SAVINGS BANK OF NEW LONDON.— Continued. 
INVESTMENTS.— Continued. 



description. 



RAIDROAD BONDS. — CONTINUED. 



Chicago, Milwaukee & St. Paul: — 
Chicago & Lake Superior, 5a, 
Pacific West'n Di v. , 6s, 
Dakota & Great Southern, 5s, 
Dubuque Division, 6a, 

Fargo & Southern, 6s, 

Lacrosse & Davenport, 5s, 

Milwaukee <fc Northern, 6s, 
Wisconsin Valley Division, 6e^ 

Chic, Rock Island & Pacific, 4s, 

Cleveland & Mahoning Valley, 5s, 
Delaware & Hudson Co. : — 
Albany & Susquehanna, 



?6, 

7s, 
7s, 



Pennsylvania Division, 

Rensselaer & Saratoga, 

Delaware, Lack. & Western: — 

Morris & Essex, 7s, 

11 7s 

N. Y., Lack & Western, 6s', 

Syra'se, Bing'mton& N. Y., 7s, 

Elmira & Williamsport, 6s, 

Great Northern: — 

EastRy. of Minn. Nor.Div., 4s, 

St. Paul., Minn. & Man., 41s, 

6s, 

Montana Central, 6s, 

Willmar & Sioux Falls, 5s, 

Illinois Central :— 

Kan. & Southw'n Mid.Div., 5s, 

Iowa Falls & Sioux City, 7s, 

Little Miami, 5s, 

New York, N. H. & Hartford:— 

Danbury & Norwalk, 5s, 

6s, 

Harlem River & Portchester,4s, 

Housatonic, 5s, 

New England, 5s, 

Pittsburg, Ft. Wayne & Chic, 7s, 

Pitts. , McKeesp't & Yough. , 6s, 

Potomac Valley, 5s, 

Sunbury & Lewistown, 4s, 



1921, 
1921, 
1916, 
1920, 
1924, 
1919, 
1913, 
1920, 
1988, 
1917, 
1938, 

1906, 
1906, 
1917, 
1921, 

1914, 
1915, 
1921, 
1906, 
1910, 

1948, 
1933, 
1983, 
1937, 
1938, 

1921, 
1917, 
1912, 

1920, 
1920, 
1954, 
1937, 
1945, 
1912, 
1932, 
1941, 
1936, 



Totals, ||3,191,900.00 



FAR 
VALUE. 



28,000.00 
30,000.00 
56,000.00 
83,000.00 
25,000.00 
11,000.00 
58,000.00 
28,000.00 
225,000.00 
60,000.00 
26,000.00 

10,000.00 

24,000.00 

150,000.00 

100,000.00 

229,900.00 
48,000.00 

102,000.00 
86,000.00 
25,000.00 

25,000.00 

25,000.00 

312,000.00 

119,000.00 

200,000.00 

10,000.00 

23,000.00 

3,000.00 

25,000.00 

1,000.00 

50,000.00 

10,000.00 

26,000.00 

6,000.00 

112,000.00 

75,000.00 

15,000.00 



BOOK 
VALUE. 



MARKET 
VALUE. 



23,000.00 
30,000.00 
56,000.00 
88,000.00 
25,000.00 
11,000.00 
58,000.00 
23,000.00 
225,000.00 
60,000.00 
26,000.00 

10,000.00 

24,000.00; 

150,000.00 

100,000.00 

229,900.00 
48,000.00 

102,000.00 
86,000.00 
25,000.00 

25,000.00 

25,000.00 

812,000.00 

119,000.00 

200,000.00 

10,000.00 

23,000.00; 

3, 000.00 ! 

25,000.00 

1,000.00 

50,000.00 

10,000.00 

26,000.00 

6,000.00 

112,000.00 

75,000.00 

15,000.00 



3,191,900.00 



26,787.50 
34,875.00 
62,650.00 
41,745.00 
32,250.00 
12,595.00 
67,860.00 
29,095.00 
236,250.00 
78,800.00 
29,965.00 

10,512.50 

25,680.00 

201,750.00 

142,125.00 

297,720.50 
62,940.00 

131,580.00 
93,202.50 
27,500.00 

25,000.00 

27,531.25 

418,860.00 

157,675.00 

235,000.00 

10.800.00 

29.670.00 

3,270.00 

29,250.00 

1,290.00 

52,500.00 

12,850.00 

32,760.00 

7,207.50 

142,800.00 

86,250.00 

15,243.75 



8,914,641.75 



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BANK COMMISSIONED' EEPOET 



263 



THE SAVINGS BANK OP NEW LONDON.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



BANK STOCKS. 

Nat.Bk. of Com.,New London, Ct.,$ 
New Lon. City Nat. Bk., " 
Union Bank, " 

National Whaling Bank, " 
Thames National, Norwich, Ct., 
Middletown " Middletown, 
Stamford " Stamford, 
Bk. of North America, N. Y. City, 
Market & Fulton, 
Mechanics, •• 

Merchants Exchange, " 

Nat. Bank of Commerce, " 
Bank of America, 
Merchants, " 

Corn Exchange, " 

City, 

American Exchange, " 

Nassau, " 

Fourth, 
United States Trust Co. , " » 



127 shares 


100 


«< 


843 


<< 


68 


'• 


866 


*t 


18 


«i 


20 


<t 


820 


ic 


30 


*• 


708 


f « 


44 


i« 


175 


<< 


75 


•< 


134 


ft 


56 


4$ 


400 


tt 


401 


n 


100 


n 


80 


14 


100 


it 



Totals, 



PAB 


BOOK 


MARKET 


VALUE. 


VALUE. 


VALUE. 


12,700.00 


12,700.00 


17,780.00 


10,000.00 


10,000.00 


13,700.00 


84,800.00 


34,300.00 


84,986.00 


1,700.00 


1,700.00 


3,060.00 


36,600.00 


36,600.00 


58,560.00 


1,350.00 


1,350.00 


1,687.50 


600.00 


600.00 


870.00 


32,000.00 


32,000.00 


62,400.00 


8,000.00 


8,000.00 


7,500.00 


17,700.00 


17,700.00 


45,135.00 


2,200.00 


2,200.00 


3,520.00 


17,500.00 


17,500.00 


87,975.00 


7,500.00 


7,500.00 


88,250.00 


6,700.00 


6,700.00 


11,725.00 


5,600.00 


5,600.00 


21,840.00 


40,000.00 


40,000.00 


111,200.00 


40,100.00 


40,100.00 


92,280.00 


5,000.00 


5,000.00 


9,500.00 


8,000.00 


8,000.00 


18,400.00 


10,000.00 


10,000.00 


142,500.00 


292,650.00 


292,550.00 


732,818.50 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 10,409; total amount, $3,598,066.87 

2 Number of depositors having $1,000 and 

not over $2,000 1,488; total amount, 1,863,679.62 

3 Number of depositors having over $2,000 

and not over $10,000, 788; total amount, 2,801,427.16 

4 Number of depositors having over $10,000, 19; total amount, 210,421.40 

5 Total number of depositors, . . 12,694; total deposits, $8,473,595.05 

6 Largest amount due a single depositor 16,232.05 

7 Number of accounts opened during the past year, 2,375 ; number 

closed, 1,771; increase, 604. 

8 Amount deposited, including interest credited, during the past 

year, 1,864,604.20 

9 Amount withdrawn during the past year, 1,836,008.82 

10 Amount of increase, 528,595.38 

Net amount deducted from surplus since 

last report, $3,028.71 

11 Total of interest and profit and loss accounts 

per last report 99,812.88 

12 Amount of income received during the year, . 422,802.69— 525,144.28 



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264 



BANK COMMISSIONED' EEPOET. 



THE SAVINGS BANK OF NEW LONDON.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

13 Total expenses, including salaries, during the year, $18,924.88 

14 State tax during the year, .... 17,840.28 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged oft, . 49,551.25 

17 All other amounts charged off, ... 82,004.16 

18 Dividends, 2 percent, paid January, 1904; amount, 158,507.51 

2 per cent, paid July, 1904; amount, 158,649.31 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 95,166.89 — 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, . 

23 Loans on real estate — are they all first mortgages? . 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, .... 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, .... 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, .... 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, first Tuesday in June. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, First Tuesday in June. 



$525,14428 



78,280.65 

Yes 

125,000.00 

10,000.00 

22,500.00 

6.04 
3,278.70 



Officers.— President, William H. Chapman ; Treasurer, Walter Learned ; 
Directors or Trustees, James Hislop, Walter Learned, Frank L. Palmer, William 
Belcher, Horace C. Learned, Alfred Coit, Walter C. Noyes, George Whittlesey. 



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BANK COMMISSIONED 7 BEPOBT. 



265 



SAVINGS BANK OF ROCKVILLE. 



A. T. Bissbll, Treasurer. Incorporated, 1858. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $1,449,268.00 

Loans on collateral security, 97,200. 00 
Loans on personal security 

only, .... 88,175.00 
Town, city, and borough 

notes and orders, . 6,500.00 
School district notes and 

orders, .... 900.00 
Town, city, school district, 

and corporation bonds, . 176,000.00 

Railroad bonds, . 422,750.00 

Bank stocks in Connecticut, 148,505.00 

Bank stocks in other states, 80,700.00 

Real estate by foreclosure, 19,696.49 

Fixtures, .... 1,000.00 

Premium account, . 22,294.44 

Cash in banks, . 66,153.20 

Cash in vault, \ 4,268.87 



Total Assets, 



12,478,801.00 



LIABILITIES. 



Whole amount of deposits, $2,818,489.59 
Surplus account, . . 110,000.00 
Interest account, less cur- 
rent expenses, and taxes 
paid; .... 49,861.41 



Total Liabilities, 



$2,478,801.00 



INVESTMENTS. 









PAR 


BOOK 


MARKET 


DESCRIPTION 


AND CORF 


. BONDS. 


VALUE. 


VALUE. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, 








Danbury, Conn., 


4s, 


1931, $ 


5,000.00 


5,000.00 


5,800.00 


<c rf i 




48, 


1932, 


5,000.00 


5,000.00 


5,800.00 


ic « 




4s, 


1933, 


5,000.00 


5,000.00 


5,800.00 


t< «< 




4s. 


1984, 


5,000.00 


5,000.00 


5,800.00 


*« 1 1 




4s, 


1935, 


5,000.00 


5,000.00 


5,800.00 


Middletown, ' 




58, 


1904, 


5,000.00 


6,000.00 


5,000.00 


«< < 




58, 


1905, 


5,000.00 


5,000.00 


5,100.00 


n « 




5s, 


1906, 


5,000.00 


5,000.00 


5,200.00 


•t < 




5s, 


1907, 


5,000.00 


5,000.00 


5,200.00 


«< «« 


* 5s, 


1908, 


5,000.00 


5,000.00 


5,200.00 


Chelsea, Mass., 


4s, 


1936, 


11,000.00 


11,000.00 


13,000.00 


Columbus, Ohio, 


4s, 


1910, 


10,000.00 


10,000.00 


10,500.00 


Kansas City, Kansas, 


5s, 


1909, 


5,000.00 


6,000.00 


5,100.00 


t* << 


6s, 


1915, 


10,000.00 


10,000.00 


12,750.00 


Minneapolis, Minn., 


4s, 


1917, 


20,000.00 


20,000.00 


22,000.00 


Omaha, Neb., 


4*8, 


1906, 


20,000.00 


20,000.00 


20,800.00 


tt n 




4s, 


1910, 


10,000.00 


10,000.00 


10,500.00 



Bank— 18 



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BANK COMMISSIONERS* REPORT. 



SAVINGS BANK OF ROCKVILLE.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



PAR 

VALUE. 



BOOK 
VALUE. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 
BONDS.— CONTINUED. 

4*8, 1984, $ 

4*8, 1924, 
4*8, 1918, 



Omaha, Neb., 

South Omaha, " 
Pueblo, Col., 



Totals, 



RAILROAD BONDS. 

Ashland Coal & Iron, 
Burlington, C. Rapids & Northern, 

Central of New Jersey, 
Chicago & Eastern Illinois, 

Chicago, Milwaukee & St. Paul :— 

Dubuque Div., 

Mineral Point 

Pacific & Western " 

Southwest " 

Wisconsin " 

Chicago, Rock Island & Pacific, 
Clearfield & Mahoning Ry. Co., 
Chic, St. Paul, Minn. & Omaha, 
Delaware & Chesapeake Ry., 
Great Northern : — 

Eastern of Minnesota, 

St. Paul, Minn. & Manitoba, 



Montana Central, 
Genesee & Wyoming, 
Louisville & Nashville, 
Philadelphia & Reading : — 

Phila., Harrisburg & Pittsburg, 
Potomac Valley, 

Minneapolis & St. Louis refunding, 
St. L. & Iron Mt. & South. Ry. Co., 



48, 1925, | 

5s, 1906, 

5s, 1934, 

5s, 1987, 

5s, 1937, 

6s, 1907, 

6s, 1920, 

5s, 1910, 

5s, 1921, 

6s, 1909, 

5s, 1921, 

4s, 1988, 

5s, 1943, 

6s, 1930, 

4s, 1912, 

4s, 1948, 

4*8, 1933, 

6s, 1910, 

6s, 1933, 

6s, 1987, 

5s, 1929, 

5s, 1937, 

5s, 1925, 

5s, 1941, 

4s, 1949, 

4b, 1933, 



Totals, 



BANK STOCKS. 



410 shares First Nat., Rockville, Conn., $ 

100 " Rockville 
81 " JEtna u Hartford, 

491 " American 



20,000.00 
10,000.00 
10,000.00 



176,000.00 



5,000.00 
20,000.00 
15,000.00 
20,000.00 
25,000.00 
15,000.00 

10,000.00 
10,000.00 

3,000.00 
10,000.00 

7,000.00 
45,000.00 
10,000.00 
10,000.00 
10,000.00 

10,000.00 
80,000.00 

6,000.00 
28,000.00 
40,000.00 
10,000.00 

6,000.00 

10,000.00 
10,000.00 
40,000.00 
20,000.00 



425,000.00 



41,000.00 

10,000.00 

8,100.00 

24,550.00 



20,000.00 
10,000.00 
10,000.00 



176,000.00 



5,000.00 
20,000.00 
15,000.00 
20,000.00 
25,000.00 
15,000.00 

10,000.00 
10,000.00 

3,000.00 
10,000.00 

7,000.00 
45,000.00 
10,000.00 
10,000.00 
10,000.00 

10,000.00 
80,000.00 

6,000.00 
28,000.00 
40,000.00 
10,000.00 

6,000.00 

10,000.00 
10,000.00 
89,400.00 
18,350.00 



422,750.00 



41,000.00 

10,000.00 

8,100.00 

24,550.00 



MARKET 
VALUE. 



21,600.00 

10,200.00 
10,500.00 



191,650.00 



5,300.00 
20,600.00 
17,850.00 
26,600.00 
29,750.00 
16,050.00 

12,500.00 
10,600.00 

3,450.00 
11,000.00 

8,000.00 
46,800.00 
11,400.00 
13,400.00 
10,100.00 

10.000.00 
88,000.00 

6,600.00 
87,240.00 
52,800.00 
11,000.00 

6,900.00 

10,200.00 
11,700.00 
89,200.00 
19,000.00 



481,040.00 



45,100.00 
11,000.00 
15,890.00 
84,370.00 



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BANK COMMISSIONED BEPOHT. 



267 



SAVINGS BANK OF ROCKVILLE.— Continued. 



INVESTMENTS.— CoMTDnrro. 





DE8CKIPTION. 


PAK 


BOOK 


MARKET 


! 




VALUR. 


VALUE. 


▼ALUB. 




BANK STOCKS.— CONTINUED. 








70 shares City, Hartford, Conn., $ 


7,000.00 


7.000.00 


6,000.00 


20 " 


Farm. &Mch. Natl, " 


2,000.00 


2,000.00 


2,400.00 


158 " 


First 


15,800.00 


15,800.00 


21,646.00 


108 " 


Hartford 


10,800.00 


10,800.00 


14,580.00 


200 " 


Mercantile (91 % paid), " 




100.00 


100.00 


78 " 


National Exchange, " " 
Charter Oak Natl, 


3,900.00 


3,900.00 


4,836.00 


1 " 


100.00 


100.00 


120.00 


122 " 


Phoenix 


12,200.00 


12,200.00 


14,640.00 


2 " 


State Bank, 


200,00 


180.00 


274.00 


95 " 


Conn.T.&S.D.Co., 


9,500.00 


9,500.00 


21,860.00 


3 4< 


First Natl, Meriden, " 


800.00 


275.00 


300.00 


20 '• 


Home 


2,000 00 


2,000.00 


2,400.00 


10 " 


Second Nat. (in liq.), Norwich, " 
Waterbury Nat., Waterbury, " 






100.00 


20 " 


1,000.00 


1,000.00 


1,600.00 


800 " 


Merchants •• New York, N. Y., 


15,000.00 


15,000.00 


27,000.00 


82 " 


Nat. Bk. of Com., " 


3,200.00 


3,200.00 


6,880.00 


25 " 


Citizens Cen. Nat,, 4 * 


2,500.00 


2,500.00 


8,700.00 


100 " 


Amer. Ex. Natl, " 
Is, $ 


10,000.00 


10,000.00 


22,500.00 


Total 


179,150.00 




179,205.00 256,788.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 4,593; total amount, $962,087.39 

2 Number of depositors having $1,000 and 

not over $2,000 405 ; total amount, 547,324.40 

3 Number of depositors having over $2,000 

and not over $10,000 240; total amount, 796,649.65 

4 Number of depositors having over $10, 000, 1; total amount, 12,378.15 

5 Total number of depositors, . . 5,239; total deposits, $2,318,439.59 

6 Largest amount due a single depositor, 12,378.15 

7 Number of accounts opened during the past year, 682; number 

' closed, 491; increase, 141. 

8 Amount deposited, including interest credited, during the past 

year 513,411.19 

9 Amount withdrawn during the past year, 872,968.59 

10 Amount of increase, • . 140,442.60 

11 Total of interest and profit and loss and rent 

accounts per last report, .... $47,461.21 

12 Amount of income received during the year, 116,412.53 — 163,878.74 

13 Total expenses including salaries during the year, 5,527.93 

14 State tax during the year, 4,418.10 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, . 11,058.30 

Digitized by LjOOQ IC 



268 



BANK COMMISSIONERS' BE^OBT. 



SAVINGS BANK OP ROCKVILLE.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 



$2,957.56 

41,974.15 

48,076.29 

5,000.00 

49,861.41— 



17 All other amounts charged off 

18 Dividends, 2 per cent, paid Oct. 1, 1908; amount, 

2 per cent, paid April 1, 1904; amount, 

19 J Net amount carried to surplus, . 
. 20 Total of interest and profit and loss and rent 

accounts per this report, .... 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages ? 
24 ' Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 

26 Largest amount of collateral loan to any one individual, firm 

company, society, or corporation 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net mcome from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Tuesday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, third Tuesday in July. 



$168,848.74 





Yes 

50,000.00 

10,000.00 

28,650.00 






Officers. — President, William Butler; Treasurer, A. T. Bissell; Directors 
or Trustees, William Butler, George Talcott, H. L. James, A. R. Goodrich, J. O. 
Hammond, Jr., A. T. Bissell, William Maxwell, Edwin G. Butler, Lyman T. 
Tingier, P. B. Leonard, Frederick Swindells. 



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BANK COMMISSIONERS' REPORT. ' 



269 



SAVINGS BANK OP STAFFORD SPRINGS. 

Alvabado Howard, Treasurer. Incorporated, 185 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $130,968.00 

Loans on collateral security. 3,350.00 
Loans on personal security 

only, . .' . . 21,075.80 
School district notes and 

orders 13,000.00 

Town, city, school district, 

and corporation bonds, . 11,150.00 

Railroad bonds, 14,000.00 

Bank stocks in Connecticut, 25,000.00 

Bank stocks in other states, 13,350.00 

Real estate by foreclosure, 3,750.00 

Safes and fixtures, 2,750.00 

Cash in banks, . 9,368.83 

Cash in vault, . 4,793.54 



Total Assets, $251,555.67 



LIABILITIES. 



Whole amount of deposits, $234,769.44 
Surplus account, . 12,200.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 4,586.23 



Total Liabilities, 



$251,555.67 



INVESTMENTS. 



DESCRIPTION. 



SCHOOL DISTRICT NOTES AND ORDERS. 

District No. 2, Stafford, Conn., . . . $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORPORA 
TION BONDS. 



City of Norwich, Conn., 

Cincinnati, Ohio, 

Columbus, M 
** << 

Toledo, 



5s, 1908, $ 

7s, 1908, 

4s, 1908, 

4*8, 1910, 

4*s, 1910, 

4*8, 1912, 



Totals, 



RAILROAD BONDS. 

Northwestern Union, 7s, 1917, $ 



PAR 
VALUE. 



12,000.00 



1,000.00 
5,000.00 
1,000.00 
1,000.00 
1,000.00 
1,000.00 



BOOK 
VALUE. 



MARKET 
VALUE. 



12,000.00 


12,000.00 


1,050.00 
6,000.00 
1,000.00 
1,000.00 
1,050.00 
1,050.00 


1,100.00 
6,000.00 
1,000.00 
1,050.00 
1,050.00 
1,060.00 



10,000.00 



10,000.00 



11,150.00 



14,000.00 



11,210.00 



13,500.00 



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270 



BANK COMMISSIONERS' BEPOET. 



SAVINGS BANK OF STAFFORD SPRINGS.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 


PAB 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


BANK STOCKS. 

85 shares First Nat. , Stafford Springs, Ct. , 

50 " Thames •• Norwich, " 

88 " American " Hartford, 

60 " City, 

50 " American Ex. National, New York, 


$ 

.$ 


8,500.00 
5,000.00 
4,400.00 
6,000.00 
5,000.00 


4,900.00 
8,000.00 
6,700.00 
5,400.00 
13,850.00 


5,250.00 
8,500.00 
6,700.00 
5,400.00 
12,250.00 


Totals, 


23,900.00 


88,850.00 


38,100.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 950 ; total amount, $146,898.25 

2 Number of depositors having $1,000 and 

not over $2,000, 46 ; total amount, 61,827.56 

3 Number of depositors having over $2,000 

and not over $10,000, .... 9 ; total amount, 26,043.63 

4 Number of depositors having over $10,000, ; total amount, 

5 Total number of depositors, . . 1.005 ; total deposits, $234,769.44 

6 Largest amount due a single depositor 4,000.00 

7 Number of accounts opened during the past year, 40 ; number 

closed, 235 ; decrease, 195. 

8 Amount deposited, including interest credited, during the past 

year, 39,588.72 

9 Amount withdrawn during the past year, 92,055.40 

10 Amount of decrease, 52,466.68 

10$ Amount deducted from surplus since last report, $800.00 

11 Total of interest and profit and loss accounts per 

last report, . . . . . 4,973.31 

1 2 Amount of income received during the year, 1 1 , 170. 35 — 1 6 ,943. 66 
18 Total expenses, including salaries, during the year, 2,003.59 

14 State tax during the year, 302.50 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, ... 

17 All other amounts charged off 866.70 

18 Dividends, If per cent, paid Oct. 1, 1903; amount, 4,917.88 ' 

If per cent, paid Apr. 1 , 1904; amount, 4,266.81 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss, and rents 

accounts per this report, .... 4,586.23— 16,943.66 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 12,845.00 

23 Loans on real estate — are they all first mortgages ? ,. Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 20,000.00 

Digitized by LjOOQ IC 



BANK COMMISSIONED' REPORT. 271 



SAVINGS BANK OF STAFFORD SPRINGS— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, $6,500.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 2,625.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . . 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Wednesday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, second Wednesday in July. 

Officers.— President, Charles Warren; Treasurer, Alvarado Haward; Di- 
rectors or Trustees, Charles Warren, Robbins Patten, Orrin Converse, Andrew 
Whiton, M. H. Kinney, F. F. Patten, A. Howard, Charles G. Ellis, B. T. Eaton. 



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272 



BANK COMMISSIONERS REPORT. 



THE SAVINGS BANK OP TOLLAND. 

Frank T. Newcomb, Treasurer. Incorporated, 1841. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 



Loans on real estate, . $177,220.61 

Loans on collateral security, 3,275.00 
Loans on personal security 

only, .... 14,507.47 
Town, city, and borough 

notes and orders, . 22,700.00 

Bank stocks in Connecticut, 11,200.00 

Real estate by foreclosure, 4,393.09 

Banking house, 1,000.00 

Real estate rents, . 15.83 

Cash in banks, . 10,969.51 

Cash in vault, . . 3,058.67 

Total Assets, . $248,340.18 



LIABILITIES. 



Whole amount of deposits, 

Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 

Profit and loss account, 

Due banks, 



Total Liabilities, 



$227,170.40 
18,000.00 



2,012.29 

1,058.62 

103.87 



$248,340.18 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTR8 AND ORDERS. 

Orders of Tolland County $ 

Town of Tolland, .... 
Bolton, .... 



Totals, 



BANK STOCKS. 



18 shares Hartford Trust Company, . 
4 " Phoenix National Bank, Hartford, 
49 " First National Bank of Rockville, 
46 " Rockville National Bank, . 



Totals, 



FAR 

VALUE. 



14,500.00 
7,000.00 
1,200.00 



22,700.00 



1,800.00 

400.00 

4,900.00 

4,600.00 



BOOK 
VALUE. 



MARKET 
VALUE. 



14,500.00 

7,000.00 
1,200.00 



22,700.00 



1,800.00 

400.00 

4,900.00 

4,600.00 



14,500.00 
7,000.00 
1,200.00 



22,700.00 



2,600.00 

500.00 

5,390.00 

5,060.00 



. $' 11,200.00 11,200.00 13,550.00 



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BANK COMMISSIONED' REPORT. 



278 



THE SAVINGS BANK OP TOLLAND.— Continued. 



9 

10 
n 

12 
13 
14 
15 
16 
17 
18 

Iti 

20 

21 



24 

25 

26 

27 

28 
29 

30 



MISCELLANEOUS ITEMS. 



Number of depositors having less than 
$1,000, 

Number of depositors having $1,000 and 
not over $2,000, 

Number of depositors having over $2,000 
and not over $10,000 

Number of depositors having over $10,000, 



772; total amount, 

82; total amount, 

28; total amount, 
0; total amount, 



882; total deposits, 



Total number of depositors. 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 
closed, 81; increase, 1. 

Amount deposited, including interest credited, during the past 
year, 

Amount withdrawn during the past year, 

Amount of increase, 

Total of interest and profit and loss, and rent ac- 
counts per last report, 

Amount of income received during the year, 

Total expenses including salaries during the year, 

State tax during the year, .'.... 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, 

All other amounts charged off, .... 

Dividends: 2 per ct. paid Jan. 1, 1904; amount, 
2 per ct. paid July 1, 1904; amount, 

Net amount carried to surplus, .... 

Total of interest and profit and loss and rent ac- 
counts per this report, 

Amount of past-due paper at this time is . 

Amount of assets yielding no income the past year, 

Loans on real estate — are they all first mortgages ? 

Largest amount loaned on mortgage to any one individual, firm, 
company, society, or corporation, 

Largest amount of personal loan to any one individual, firm 
company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the 
past year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year. 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, fourth Monday in June. 

Date of annual meeting to elect President, Treasurer, and other 
officers, fourth Monday in June. 



number 



$4,426.90 

11,415.98— 

1,876.61 

880.26 







3,991.69 

4,078.41 

3,000.00 

8,065.91— 



$102,245.46 

41,179.78 

88,745.21 


$227Tl70!40 
5,627.49 



288,642.49 

275,072.15 

8,570.34 



15,842.88 



15,842.88 





Yes 

8,000.00 

14,500.00 

1,775.00 






Officers. — President, William A. Agard ; Treasurer, Frank T. Newcomb ; 
Directors or Trustees, William A. Agard, Henry Young, Edwin S. Agard, Fred- 
erick E. Johnson, Frank T. Newcomb. 



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274 



BANK COMMISSIONERS REPORT. 



SHELTON SAVINGS BANK. 

Edward W. Kztebn, Treasurer. Incorporated, 1893. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $118,158.00 

Loans on personal security 

only 1,458.28 

Town, city, and borough 

notes and orders, . 29,788.75 

School district notes and 

orders, .... 2,000.00 

Railroad bonds, . . . 26,000.00 

Insurance and taxes ad- 
vanced on real estate 

mortgaged, . . . 231.33 

Premium account, . 383.75 

Participation expenses, 93.82 

Cash in banks, . . 7,152.15 

Cash in vault, . . . 1,175.82 



Total Assets, 



$186,886.85 



LIABILITIES. 



Whole amount of deposits, $182,844.61 
Surplus account, . . 2,675.00 
Interest account, less cur- 
rent expenses, and taxes 
paid, .... 867.24 



Total Liabilities, 



$186,386.85 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Huntington, $ 

SCHOOL DISTRICT NOTB8 AND ORDERS. 

School District Orders, Huntington, . $ 

RAILROAD BONDS. 

St. Paul, Minn. & Manitoba, 4*s, 1933, $ 
Chicago & Alton, 8s, 1949, 
Chicago, Rock Island & Pacific, 4s, 1988, 
Minneapolis & St. Louis, 4s, 1949, 
Chicago & Eastern Illinois, 5s, 1937, 
Chicago, Burlington & Quincy, 3}s, 1949, 
Buffalo & Susquehanna, 4s, 1951, 
Louisville & Nashville, 4s, 1940, 
Terminal R. R. Ass'n of St. Louis, 4s, 1953, 
Chicago, St. Louis & N. O., 5s, 1951, 


29,788.75 

2,000.00 

4,000.00 
2,000.00 
1,000.00 
5,000.00 
2,000.00 
1,000.00 
4,000.00 
3,000.00 
3,000.00 
1,000.00 


29,788.75 

2,000.00 

4,000.00 
2,000.00 
1,000.00 
5,000.00 
2,000.00 
1,000.00 
4,000.00 
3,000.00 
3,000.00 
1,000.00 


29,788.75 

2,000.00 

4,405.00 
1,%95.00 
1,047.50 
4,750.00 
2,400.00 
948.75 
8,970.00 
3,030.00 
2,985.00 
1,245.00 


Totals, $ 


26,000.00 


26,000.00 


26,471.25 



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BANK COMMISSIONED' EEPOET. 



275 



9 

10 

11 

12 
13 
14 
15 
16 
17 
18 

19 
20 

21 



24 
25 



27 



29 
80 



SHELTON SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 



Number of depositors having less than 
$1,000 

Number of depositors having $1,000 and 
not over $2,000 

Number of depositors having over $2,000 
and not over $10,000, 

Number of depositors having over $10,000, 



562; total amount, 

88; total amount, 

9; total amount, 
0; total amount, 



609; total deposits, 



$106,858.94 

46,296.16 

80,194.51 


$182,844.61 
6,882.60 



55,988.92 
80,581.21 
25,357.71 



Total number of depositors, . 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 119 ; number 
closed, 69; increase, 50. 

Amount deposited, including interest credited, during the past 
year, 

Amount withdrawn during the past year, 

Amount of increase, 

Total of interest and profit and loss and rent ac- 
counts per last report, $799.85 

Amount of income received during the year, 7,945.04 — 8,744.89 

Total expenses, including salaries, during the year, 682.46 

State tax during the year, 281.88 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, . 

All other amounts charged off, . . . 192.89 

Dividends, 2 per cent, paid Jan. 1, 1904; amount, 8,053. 14 

2 per cent, paid July 1, 1904; amount, 3,303.33 

Net amount carried to surplus, .... 414.00 

Total of interest and profit and loss and rent ac- 
counts per this report 867.24 — 

Amount of past-due paper at this time is 

Amount of assets yielding no income the past' year, . 

Loans on real estate — are they all first mortgages ? . 

Largest amount loaned on mortgage to any one individual, firm, 
company, society, or corporation, 

Largest amount of personal loan to any one individual, firm, 
company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 
year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, . 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, Third Monday in January. 

Date of annual meeting to elect President, Treasurer, and other 
officers, Third Monday in January. 



8,744.89 



260.00 

Yes 

6,800.00 

1,100.00 

. 






Officers.— President, Watson J. Miller; Treasurer, Edward W. Kneen; Di- 
rectors or Trustees, Henry N. Beardsley, Henry Berry, Wesley L. Clark, Thos. H. 
Newcomb, Stephen T. Palmer, Miles B. Perry, Gould A. Shelton, Aaron R. Smith. 



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276 



BANK COMMISSIONERS* REPORT 



SOCIETY FOR SAVINGS, HARTFORD. 

A. E. Hart, Treasurer. Incorporated, 1819. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $5, 
Loans on collateral security, 
Town notes, .... 
School district notes, . 
State bonds, .... 
Town, city, school district, 

and corporation bonds, 5 
Railroad bonds, . 13 

Railroad stocks, . 
Bank stocks in Connecticut, 
Bank stocks in other states, 
Real estate by foreclosure, 
Banking-house, . 
Premium account, 
Cash in banks, 
Cash in vault, 



Total Assets, 



358,765.50 

554,313.20 

39,500.00 

8,150.00 

550,000.00 

,665,422.50 

,149,550.00 

91,100.00 

268,600.00 

16,375.00 

19,910.78 

75,000.00 

496,032.50 

716,856.40 

73,872.35 



$27,083,448.28 



LIABILITIES. 

Whole amount of deposits, $25,905,377.77 

Surplus account, . . 882,549.56 

Interest account, less cur- 
rent expenses, and taxes 
paid 340,977.07 

Profit and loss account, 4,543.83 



Total Liabilities, 



$27,083,448.23 



INVESTMENTS. 



DESCRIPTION. 



PAR 

VALUE. 



BOOK 
VALUE. 



MARKET 

VALUE. 



STATE BONDS. 



Connecticut 8£, 1910, . 
Massachusetts 8i#, 1940, . 



Totals, $ 

TOWN NOTES. 

Town of Newington $ 

South Windsor 



Totals, 



SCHOOL DI8TRICT NOTES. 

Third, Windsor, .... 



300,000.00 
250,000.00 



300,000.00 
250,000.00 



304,500.00 
265,000.00 



550,000.00 550,000.00 



9,500.00 
30,000.00 



9,500.00 
80,000.00 



89,500.00 



8,150.00 8,150.00 



569,500.00 



9,500.00 
30,000.00 



89,500.00 89,500.00 



8,150.00 



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BANK COMMISSIONED' BEPOBT. 



277 



SOCIETY FOR SAVINGS, HARTFORD.— Continued. 
INVESTMENTS. — Continued. 



DESCRIPTION. 



RAILROAD STOCKS. 



PAR 

VALUE. 



BOOK 
VALUE. 



566 shares Atchison, Topeka & Santa Fe, pfd., $ 
781 ' • New York, New Haven & Hartford, 



Totals, 



Enfield, 
Hartford, 
Meriden, 
Middletown, 

New Britain, 
<< 

New Haven, 
Portland, 
South ington, 
Stamford, 
Wallingford, 
Windsor Locks, 



Cal.: 



TOWN BONDS. 



4s, 1909, \ 

8s, 1909, 

4*s, 1905-1012, 

Srffrs, 1909, 

4s, 1910, 

4s, 1911, 

4s, 1924, 

8*8, 1911-1921, 

4s, 1907-1927, 

4s 1924 

8^8, 1905^-1924, 

4s, 1909, 



CITY BONDS. 



Los Angeles, Police, 4*8, 1905-1920,$ 

Tunnel, 4s, 1905-1918, 

San Diego, Refunding, 4*8, 1926-1980, 

Col.: Denver, Pub. Impt., 5s, 1906, 

Conn. : New Haven, Sewer, 8*8, 1904-1908, 

New London, 7s, 1905, 

111. : Chicago, Exposition, 4s, 1921, 

Judgment Fdg., 4s, 1918, 

Joliet, Refunding, 4*8, 1905, 

Ind. : Fort Wayne, Funding, 4*8, 1913, 

Indianapolis, Pub. Sfty., 4s, 1927, 

Terre Haute, Funding, 4*8, 1905, 

Iowa: Des Moines, Refunding, 4s, 1916, 

Dubuque, /' 4s, 1917, 

Ky. : Lexington, Funding, 4*, 1932, 

Louisville, M 5s, 1911, 

Park, 4s, 1930, 

Mass. : Boston, Park, 8*8, 1920, 

City, 8*s, 1922, 

Cambridge, Bridge, 4s, 1918, 

Gloucester, Funding, 4s, 1908, 

Mich.: Detroit, Water, 6s, 1906, 

" Improvement, 8^frs f 1918, 

" Boulevard, 4s, 1921, 

Grand Rapids, Water, 4*s, 1912, 

Muskegon, Bridge, etc. , 5s, 1906-1910, 

Saginaw, City Hall, 4*8, 1905, 



56,500.00 
78,100.00 



184,600.00 



20,000.00 
78,000.00 
55,000.00 

100,000.00 
50,000.00 

100,000.00 
20,000.00 

150,000.00 
50,000.00 
50,000.00 
30,000.00 
40,000.00 
10,000.00 



16,000.00 

24,000.00 

25,000.00 

52,000.00 

29,000.00 

25,000.00 

170,000.00 

100,000.00 

10,000.00 

60,000.00 

85,000.00 

6,000.00 

25,000.00 

100,000.00 

15,000.00 

100,000.00 

100,000.00 

50,000.00 

100,000.00 

60,000.00 

50,000.00 

7,000.00 

75,000.00 

25,000.00 

25,000.00 

18,500.00 

10,000.001 



18,000.00 
78,100.00 



91,100.00 



20,000.00 
72,922.50 
55,000.00 

100,000.00 
50,000.00 

100,000.00 
20,000.00 

150,000.00 
50,000.00 
50,000.00 
30,000.00 
40,000.00 
10,000.00 



16,000.00 

24,000.00 

25,000.00 

52,000.00 

29,000.00 

25,000.00 

170,000.00 

100,000.00 

10,000.00 

60.000.00 

85,000.00 

6,000.00 

25,000.00 

100,000.00 

15,000.00 

100,000.00 

100,000.00 

50,000.00 

100,000.00 

60,000.00 

50,000.00 

7,000.00 

75,000.00 

25,000.00 

25,000.00 

18,500.00 

10,000.00 



MARKET 
VALUE. 



56,500.00 
148,390.00 



204,890.00 



20,000.00 
76,440.00 
56,650.00 

100,000.00 
51,000.00 

103,000.00 
21,400.00 

150,000.00 
50.000.00 
51,500.00 
31,500.00 
41,200.00 
10,000.00 



16,960.00 

24,960.00 

26,000.00 

53,040.00 

29,000.00 

25,750.00 

176,800.00 

103,000.00 

10,100.00 

63,600.00 

91,800.00, 

6,060.00 

26,000.00 

104,000.00 

16,800.00 

109,000.00 

113,000.00 

50,500.00 

101,500.00 

64,200.00 

51,000.00 

7,850.00 

77,250.00 

27,000.00 

26,500.00 

19,425.00 

10,100.00 



Digitized by 



Google 



278 



BANK COMMTSSIONEES EEPOBT. 



SOCIETY FOR SAVINGS, HARTFORD. — Continued. 
INVESTMENTS. — Continukd. 







PAR 


BOOK 


MARKET 


DESCRIPTION. 












0. 


VALUE. 


VALUE. 


VALUE. 


CITY BONDS.— CONTINUE] 




Minn. : Minneapolis, City Hall, 44s, 


1917, $ 


50,000.00 


50,000.00 


55,000.00 


4s, 


1919, 


100,000.00 


100,000.00 


107,000.00 


St. Paul, Bridge, 5s, 


1915, 


100,000.00 


100,000.00 


114,000.00 


Stillwater, Improvem't, 5s, 


1911, 


10,000.00 


10,000.00 


10,600.00 


Mo. : Kansas City, City Hall, 4s, 


1910,. 


100,000.00 


100,000.00 


102,000.00 


" " Judgment, 4^8, 


1916, 


170,000.00 


170,000.00 


185,800.00 


" Water Wks., 4s, 


1924, 


68,000.00 


68,000 00 


66,150.00 


St. Louis, 4s, 


1908, 


150,000.00 


150,000.00 


153,000.00 


4s, 


1912, 


200,000.00 


200,000.00 


208,000.00 


4s, 


1918, 


75,000.00 


75,000.00 


79,500.00 


Neb. : Omaha, Renewal, ^ t 


1906, 


40,000.00 


40,000.00 


40,400 00 


41 Sewer, 5s, 


1908, 


7,000.00 


7,000.00 


7,280.00 


" Buildings, 5s, 


1912, 


68,000.00 


68,000.00 


73,440.00 


fl Paviog, 5s, 


1918, 


25,000.00 


25,000.00 


27,000.00 


N. J. : Hobokeo, Implement, 4s, 


1918, 


100,000.00 100,000.00 


103,000.00 


Newark, Corporate, 6s, 


1908, 


20,000.00 


20,000.00 


21,800.00 


41 St. lmp'vem't, 6s, 


1909, 


80,000.00 


30,000.00 


38,300.00 


Water, 4b, 


1922, 


25,000.00 


25,000.00 


27,000.00 


Paterson, Funding, 4^s, 


1905-1909, 


25,000.00 


25,000.00 


25,500.00 


" Sewer, 5s, 


1904-1905, 


15,000.00 


15,000.00 


15,150.00 


44 St Impvmt., 4s, 
City Hall, 5s, 


1911, 


25,000.00 


25,000.00 


25,250.00 


1919-1921, 


25,000.00 


25,000.00 


28,750.00 


Trenton, Various, 4s, 


1911, 


64,000.00 


64,000.00 


65,920.00 


N. Y.: New York, Corporate, 3$s, 


1941, 


100,000.00 


100,000.00 


103,000.00 


Ohio : Cincinnati, Municipal, 6s, 


1906, 


85,000.00 


85,000.00 


89,250.00 


Cleveland, Sanitary, 4s, 


1914, 


50,000.00 


50,000.00 


51,000.00 


8ewerDist.l5,4s, 


1913, 


25,000.00 


25,000.00 


25,500.00 


Water Works, 4s, 


1922, 


100,000.00 


100,000.00 


103,000.00 


" Intercep. Sewer, 4s, 


1915, 


125,000.00 


125,000.00 


127,500.00 


Columbus, Various, 4s, 


1908, 


29,000.00 


29,000.00 


29,290 00 


City Hall, 4s, 


1909, 


95,000.00 


95,000.00 


96,425.00 


Fire Dep., 4s, 


1916, 


25,000.00 


25,000.00 


25,750 00 


Viaduct, 4s, 


191&-1922, 


150,000.00 


150,000.00 


153,000.00 


4*s, 


1909, 


80,000.00 


30,000.00 


80,900.00 


Pub. Lib'y, 4s, 


1923, 


15,000.00 


15,000.00 


15,600.00 


Water, 5s, 


1910, 


9,000.00 


9,000.00 


9,680.00 


" Workhouse, 4s, 


1932, 


15,000.00 


15,000.00 


15,750.00 


Fire, 5s, 


1910, 


48,000 00 


48,000.00 


51,360.00 


" Sewer, 5s, 


1910-1911, 


85,000.00 


85,000.00 


90,950.00 


Dayton, Water, 4s, 


1904-1906, 


12,000.00 


12,000.00 


12,000.00 


4*s, 


1905, 


5,000.00 


5,000.00 


5,000.00 


Toledo, Street, 5s, 


1911, 


40,000.00 


40,000.00 


43,200.00 


Funding, 4*s, 
Oregon : Portland, Bridge, 5s> 
City Hall, 5s, 
Penn. : Scranton, Buildings. 4s, 


1911, 


40,000.00 


40,000.00 


42,000.00 


1922, 


50.000.00 


50,000.00 


58,000.00 


1922, 


50,000.00 


50,000.00 


58,000.00 


1905-1910, 


50,000.00 


50,000.00 


50,500.00 


41 Improvem't, 4^8, 


1916, 


20,000.00 


20,000.00 


21,600.00 


Bridge, 4^8, 


1919, 


30,000.00 


30.000.00 


32,700.00 


R. I. : Pawtucket, City Loan, 4s, 


1910, 


50,000.00 


50,000.00 


50,500.00 


Sewer, 4s, 


1923, 


50,000.00 


50,000.00 


52.000.00 



Digitized by 



Google 



BANK COMMISSIONERS 7 REPORT. 



279 



SOCIETY FOR SAVINGS, HARTFORD.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



PAR 
VALUE. 



CITY BONDS. — CONTINUED. 

R. I.: Pawtucket, Sewer, 4s, 1937, \ 

Providence, " 4s, 1921, 

Wis. : Lacrosse, School, 5s, 1913, 

Water, 5s, 1915, 

Racine, Paving, etc., 5s, 1914, 

Vt. : Barre, Refunding, 4s, 1906-1916, 

SCHOOL DIBTRICT BONDS. 



Hartford First, 


4s, 


1927, 


Second North, 


4s, 


1924, 


South, 


3*8, 


1931, 


West Middle, 


3*s, 


1912, 


«< 


3*s, 


1926, 


New Haven, 


4s, 


1920, 


New London, 


4s, 


1919, 


BOROUGH BONDS. 




Greenwich, 


4s, 


1922, 


Wallingford, 


4s, 


1912, 


Willimantic, Water, 


4e, 


1904, 


*i a 


4s, 


1914, 



Totals 

RAILROAD BONDS. 

Atchison, Top. & Santa Fe, gen., 4s, 

adj., 4s, 

B. & Maine, Conn. & Pass. Rivers, 4s, 

Wore, Nashua & Rochester, 4s, 
Burl., Ced. Rapids & Northern, 5s, 

Cedar Rapids, I. F. & N. W., 5b, 

Iowa, Minn. & Dak. Div., 5s, 

Central of New Jersey, 5s, 

New York & Long Branch, 4s, 
Central Vt., N. London Northern, 4s, 
Chicago, Burlington & Quincy: — 

Burlington & Mo. River, 

Illinois Div., general, 



Iowa Division, 
n tt 

Nebraska Extension, 
Chicago & E. Illinois, first s. f., 
" M lstconsol., 

'• " general, 

Chicago & Ind. Coal, 



3is, 

4s, 

4s, 

5s, 

4s, 

6s, 

6s, 

5s, 

5s, 



1995, 
1995, 
1943, 
1913, 
1906, 
1921, 
1984, 
1987, 
1941, 
1910, 

1918, 
1949, 
1949, 
1919, 
1919, 
1927, 
1907, 
1934, 
1937, 
1986, 



50,000.00 
50,000.00 
8,000.00 
50,000.00 
86,000.00 
15,000.00 



10,000.00 
50,000.00 
50,000.00 
126,000.00 
120,000.00 
10,000.00 
21,000.00 



50,000.00 
10,000.00 
10,000.00 
25,000.00 



BOOK 
VALUE. 



50,000.00 
50,000.00 
8,000.00 
50,000.00 
85,000.00 
15,000.00 



10,000.00 
50,000.00 
50,000.00 
126,000.00 
120,000.00 
10,000.00 
21,000.00 



50,000.00 
10,000.00 
10,000.00 
25,000.00 



5,670,500.005,665,422.50 



138,500.00 

74,000.00 

150,000.00 

50,000.00 

200,000.00 

132,000.00 

430,000.00 

150,000.00 

50,000.00 

103,000.00 

75,000.00 
600,000.00 
200,000.00 
185,000.00 
161,000.00 
100,000.00 
100.000.00 

24,000.00 
200,000.00 
110,000.00 



110,800.00 

81,000.00 

150,000.00 

50,000.00 

200,000.00 

182,000.00 

480.000.00 

150,000.00 

50,000.00 

103,000.00 

75,000.00 
600,000.00 
200,000.00 
185,000.00 
161,000.00 
100,000.00 
100,000.00 

24,000.00 
200,000.00 
110,000.00 



MARKET 
VALUE. 



52,500.00 
64,000.00 
3,270.00 
55,500.00 
88,850.00 
15.450.00 



10,400.00 
51,750.00 
50,000.00 
126,000.00 
120,000.00 
10,500.00 
22,050.00 



52,000.00 
10,200.00 
10,000.00 
25,750.00 



5,919,350.00 



188,500.00 

70,300.00 

165,000.00 

51,000.00 

206,000.00 

147,840.00 

524,600.00 

201,000.00 

53,500.00 

104,080.00 

86,250.00 
570,000.00 
210,000.00 
186,850.00 
177,100.00 
106,000.00 
107,000.00 

80,960.00 
224,000.00 
128,700.00 



Digitized by 



Google 



280 



baits: commissioned' kepoet. 



SOCIETY FOR SAVINGS, HARTFORD.— Continued. 

INVESTMENTS.— Coktikubd. 



DESCRIPTION. 


FAR 


BOOK 


MARKET 




VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. — CONTINUED. 








Chicago, Milwaukee & St. Paul: — 








Chicago & Lake Sup. Div., 5s, 1921, $ 
Chicago & Pacific Div. , 6s, 1910, 


50,000.00 


50,000.00 


58,000.00 


175,000.00 


175,000.00 


196,000.00 


Chicago & Pac. West. Div., 5s, 1921, 


160,000.00 


160,000.00 


185,600.00 


Dubuque Div., 6s, 1920, 


75,000.00 


75,000.00 


94,500.00 


General, 3Js, 1989, 


100,000.00 


100,000.00 


98,000.00 


4s, 1989, 


150,000.00 


150,000.00 


163.500.00 


Hastings & Dakota Div., 7s, 1910, 


50,000.00 


50,000.00 


58,500.00 


LaCrosse A Davenp't Div., 5s, 1919, 


100,000.00 


100,000.00 


114,000.00 


Mineral Point " 5s, 1910, 


50,000.00 


50,000.00 


58,000.00 


So. Minnesota " 6s, 1910, 


75,000.00 


75,000.00 


84,000.00 


Southwestern " 6s, 1909, 


150,000.00 


150,000.00 


165,000 00 


Terminal, 5s, 1914, 


50,000.00 


50,000.00 


55,000.00 


Wisconsin & Minnesota " 5s, 1921, 


50,000.00 


50,000.00 


57,500.00 


Wisconsin Valley, 7s, 1909, 


50,000.00 


50,000.00 


57,500.00 


Chicago & Northwestern : — 








general, 8*3, 1987, 


100,000.00 


100,000.00 


100,000.00 


Chic, St. P.,Min. & Omaha, Sis, 1930, 


400,000.00 


400,000.00 


380,000.00 


6s, 1930, 


100,000.00 


100,000.00 


184,000.00 


Chicago & Tomah, 6s, 1905, 
Des Moines & Minneapolis, 7s, 1907, 


130,000.00 


180.000.00 


182,600.00 


80,000.00 


80,000.00 


82,100.00 


Madison Extension, 7s, 1911, 


80,000.00 


80,000.00 


86,000.00 


Mil., Lake Shore & West'n, 6s, 1921, 


10,000.00 


10,000.00 


12,900 00 


Milwaukee A Madison, 6s, 1905, 


75,000.00 


75,000.00 


78,000.00 


Northern Illinois, 5s, 1910, 


80,000.00 


30,000.00 


81,500.00 


Northwestern Union, 7s, 1917, 


125,000.00 


125,000.00 


166,250.00 


St. Paul & 8ioux City, 6s, 1919, 
Chic, Rock Island & Pacific, 6s, 1917, 


237,000.00 


287,000.00 


291,510.00 


250,000.00 


250,000.00 


810,000.00 


General, 4s, 1988, 


600,000.00 


600,000.00 


680,000.00 


Chicago & Western Indiana, 6s, 1932, 


126,000.00 


126,000.00 


141,120.00 


Cincinnati, Ham. & Dayton, 6s, 1905, 


35,000.00 


35,000.00 


85,700.00 


7s, 1905, 


25,000.00 


25,000.00 


26,000.00 


Delaware & Hudson Canal, 7s, 1917, 


125,000.00 


:i25,000.00 


168,750.00 


Albany & Susquehanna, 6s, 1906, 


160,000.00 


160,000.00 


166,400.00 


7s, 1906, 


50,000.00 


50,000.00 


53,000.00 


Rensselaer & Saratoga, 7s, 1921, 


50,000.00 


50,000.00 


71,000.00 


Delaware, Lackawanna & West'n : — 








Morris & Essex, 7s, 1914, 


101,000.00 


101,000.00 


131,300.00 


N. Y.,Lack'wa'na & West'n,6s, 1921, 


110,000.00 


110,000.00 


141,900.00 


Syracuse, Bing'ton & N. Y.,7s, 1906, 
Erie : — 
Buffalo, N. Y. & Erie, 7s, 1916, 


180,000.00 


130,000.00 


140,400.00 


26,000.00 


26,000.00 


32.500,00 


Cleveland & Mahoning Val. ,5s, 1988, 


200,000.00 


200,000.00 


282,000.00 


Northern of New Jersey, 6s, 1917, 


20,000.00 


20,000.00 


24,000.00 


Sharon, 4Js, 1919, 


50,000.00 


50,000.00 


53,500.00 


Great Northern : — 








Eastern Ry. of Minnesota, 5s, 1908, 


200,000.00 


200,000.00 


206,000.00 


4s, 1948, 


100,000.00 


100,000.00 


105,000.00 


St. P. , Minn. & Man. ,1st, 6s, 1909, 
'•Dak,Ex.,6s, 1910, 


200,000.00 


200,000.00 


218,000.00 


200,000.00 


200,000.00 


220,000.00 



Digitized by 



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BANK COMMISSIONERS' BEPOBT. 



281 



SOCIETY FOR SAVINGS, HARTFORD.— Conmntjed. 



INVESTMENTS.— Continued. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS.— CONTINUED. 








Great Northern : — 








St P.,MinnAMan.,Consol.,4*s, 1088, $ 


200,000.00 


200,000.00 


218,000.00 


8s, 1988, 


68,000.00 


68,000.00 


84,420.00 


Willmar & Sioux Falls, 5s, 1988, 


100,000.00 


100,000.00 


117,000.00 


Illinois Central : — 








Chic, St. L. & N. Orleans, 5s, 1951, 


100.000.00 


100,000.00 


124,000.00 


8*s, 1951, 


800,000.00 


800,000.00 


285,000.00 


Kankakee Division, 5s, 1921, 


80,000.00 


80,000.00 


84,500.00 


Main " 8*8. 1951, 


50,000 00 


45,750.00 


49,000.00 


Springfield " 8*8, 1951, 
Western " . 4s, 1951, 


250,000.00 


250,000.00 


245,000.00 


120,000.00 


120,000.00 


128,400.00 


Louisville & Nashville :— 








General, 6s, 1980, 


26,000.00 


26,000.00 


80,940.00 


Evansv., Hend'nA Nashv., 6s, 1919, 


4,000.00 


4,000.00 


4,560.00 


Lou is v., Gin. A Lexington, 4*s, 1981, 


99,000.00 


99,000.00 


106,920.00 


Minneapolis & St. Louis, 7s, 1907, 


45,000.00 


45,000.00 


48,600.00 


1st Consol., 5s, 1984, 


800,000.00 


800,000.00 


845,000.00 


Iowa Extension, 7s, 1909, 


68,000.00 


68,000.00 


75,480.00 


Minneapolis & Duluth, 7s, 1907, 
Pacific Extension, 6s, 1921, 


80,000.00 


80.000.00 


86,400.00 


65.000.00 


65,000.00 


78,000.00 


Southwestern Extension, 7s, 1910, 


85,000.00 


85,000.00 


40,250.00 


Missouri Pacific :— 








Pacific of Missouri, 4s, 1988, 


50,000.00 


50,000.00 


51,000.00 


N. Y. Central & Hudson River :— 








Detroit & Bay City, 5s, 1981, 


100,000.00 


100,000.00 


120,000.00 


Detroit. Monroe A Toledo, 7s, 1906, 


25,000.00 


25,000 00 


26,250.00 


Grand River Valley, 6s, 1909, 
Joliet A Northern Indiana, 7s, 1907, 


50,000.00 


50.000.00 


55,000.00 


100,000.00 


100,000 00 


110,000.00 


Kalamazoo A So. Haven, 5s, 1989, 


50.000.00 


50,000.00 


62,000.00 


Kalamazoo A White Pigeon,5s, 1940, 


50.000.00 


50,000.00 


62,500.00 


Mahoning Coal, 5s, 1934, 


100,000.00 


100,000.00 


120,000.00 


McKeesport A Belle Yernon,6s, 1 918, 


60.000.00 


60,000.00 


70,800.00 


Norwood A Montreal, 5s, 1916, 


25,000 00 


25,000.00 


27,500.00 


Pills., McKeesp't & Yough.,6s, 1982, 
Utica A Black River, 4s, 1922, 


150,000.00 


150,000.00 


202,500.00 


150,000.00 


150,000.00 


156,000.00 


New York, New Haven A Hartford :— 








Danbury & Norwalk, 5s, 1920, 


100,000.00 


100,000.00 


115,000.00 


Harlem Riv. A Port Chester, 4s, 1954, 


250,000.00 


250,000.00 


270,000.00 


New York A New England, 6s, 1905, 


15,000.00 


15,000.00 


15,150.00 


7s, 1905, 


50,000.00 


50,000.00 


51,000.00 


Pennsylvania : — 








Ashtabula A Pittsburg, 6s, 1908, 


81,000.00 


81,000.00 


88,170.00 


Bald Eagle Valley, 8s, 1910. 


22.000.00 


22,000.00 


28,760.00 


Cleveland A Pittsburg, 4*s, 1942, 


60.000 00 


50.000 00 


57,500 00 


8*s, 1948, 


100.000 00 


100.000.00 


95,000.00 


Elmira A Williamsport, 6s, 1910, 


40 000 00 


40,000.00 


44.000.00 


Erie& Pittsburg, general, 8*s, 1940, 


200,000 00 


200,000.00 


196,000.00 


Little Miami, 5s, 1912, 


97,000.00 


97,000.00 


104,760.00 


Pitts, Ft. Wayne & Chicago, 7s, 1912, 


45,000.00 


45,000.00 


54,000.00 



Bank— 19 



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282 



BANK COMMISSIONERS' BEFOBT. 



SOCIETY FOB SAVINGS, HARTFORD.— Continued. 
INVESTMENTS.— Continued. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 


VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. — CONTINUED. 








Pennsylvania : — 
Sunbury & Lewistown, 4s, 1936, $ 
Terre Haute & Indianapolis, 5s, 1925, 








85,000 00 


85.000.C0 


86,700.00 


260,000 00 


250.000.00 


287,500 00 


United N. J. 6 Canal, 4s, 1939, 


100,000 00 


100,000.00 


108.000 00 


4s, 1944, 


150,000.00 


150.0oO.O< 


165.000.00 


Peoria & Pekin Union, 6s, 192 1 , 


100,000.00 


100 000.00 


120,000.(10 


Term. R. R. Ass'nof St. Louis,4ie, 1989, 


110,000.00 


110.000 (X 


123,200.00 


" 6e, 1944, 


42,000.00 


42 000.00 


49,560.00 


Totals $ 


18,224,600.00 


13,149,550.00 


14,594,480.00 


BANK STOCKS IN CONNECTICUT. 








800 shares JEtna National, Hartford, $ 


80,000.00 


80,000.0<- 


60.000.00 


400 M American 4I 


20.00ii.00 


20.0O0.Ot 


28,000.00 


296 «' Charter Oak*' 


29,600 00 


29,600 (M 


35.520.00 


40 •■ Conn. T. & 8. D.Co.," 


4,000.00 


4,000 0t 


10.000.00 


260 " Farm. & Mech. Nat., " 


26,000.00 


25,000.0< 


80,000.00 


70 " First National, 


7,000.00 


7,000.(K. 


9.84)0 00 


816 " Hartford National, " 


81,500.00 


81,5o0.0( 


42 525.00 


60 " Hartford Trust Co., " 


5.0o0 00 


5,000.01 


9.000.00 


700 " National Exchange, " 


85,000.00 


86,000.01 


45,500 00 


260 " Pbomix National, 


25.000.00 


25,000.<X 


30,000.00 


128 " State, 


12,800.00 


12.8U0.0t 


17.2*0.00 


75 <' First " Litchfield, 


7,500.00 


7 500.01: 


7,M)o.OO 


60 " " " Meriden, 


5,000.00 


5,000 00 


10 000.00 


60 " " " Norwich, 


6.000.00 


6,000.0*. 


6.000.00 


100 4I Home " Meriden, 


10,000.00 


10.000 00 


12,500.00 


41 " Merchants " Norwich, 


4.100.00 


4,100.00 


4.715.00 


66 " Meriden u Meriden, 


6,600 00 


6,000.00 


6.600 00 


100 •• Waterbury " Waterbury, 


5,000.00 


5,000.00 


8,000.00 


BANK BTOCKS IN OTHER STATES. 








86 shares Amer. Ex. Nat., New York,'} 


8.500.00 


8,500.00 


20,400 00 


26 " Citizen's Cent. " 


2,500.00 


2,500.00 


8,875.00 


26 " First 


2,600.00 


2,500.00 


15.875.00 


115 " Mechanics 


2,876.00 


2.875.00 


7,475.00 


Totals | 


284,975.00 


284,975.00 


420,005.00 



Digitized by 



Google 



BANE COMMISSIONED' REPORT. 283 



SOCIETY FOR SAVINGS, HARTFORD.— Continued. 

MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 48,572; total amount, $9,846,758.87 

2 Number of depositors having $1,000 and 

not over $2,000 4,258; total amount, 5,880,294.75 

8 Number of depositors having over $2,000 

and not over $10,000, . . . 2,724; total amount, 10,178,824.15 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . 55,549; total deposits, $25,905,377.77 

6 Largest amount due a Bingle depositor, 10,000.00 

7 Number of accounts opened during the past year, 6,524; number 

closed, 4.788; increase, 1,786. 

8 Amount deposited, including interest credited, during the past 

year 4,722,650.02 

9 Amount withdrawn during the past year, 8,831.889.68 

10 Amount of increase 1,891,310.84 

11 Total of interest and profit and loss and rent 

account per last report, .... $817,178.64 

12 Amount of income received during the year, 1,198,891.63— 1,516,070.27 
18 Total expenses, including salaries, during the year, 37.052.59 

14 State tax during the year, 58,858.74 

15 Town and city taxes and assessments paid, 816.74 

16 Net amount of premiums charged off, . 97.298.20 

17 All other amounts charged off, .... 7,00282 

18 Dividends. 2 per cent, paid Dec. 1, 1908; amount, 473,769 99 

2 per cent, paid June 1, 1904; amount, 487,415 98 

19 Net amount carried to surplus, .... 8,884.31 

20 Total of interest and profit and loss and rent 

account per this report 845,520 90— 1,516,070.27 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, ... 

23 Loans on real estate— are they all first mortgages? . Yes 

24 Largest amount loaned on mortgage to anyone individual, firm, 

company, society, or corporation, 109,800.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 75,000.00 

27 Per cent per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . . 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, June. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, June. 

Officers.— President, Francis B. Cooley ; Vice-Presidents, Drayton Hillyer, 
Henry K. Morgan, Appleton R. Hillyer, Gurdon W. Russell, George L. Chase, 
Theodore Lyman, Nathaniel Shipman, Atwood Collins, Daniel R. Howe, Jacob L. 
Greene, Jonathan B. Bunce, Meigs H. Whaples ; Treasurer, A. E. Hart ; Assistant 
Treasurer, Sidney W. Crofut ; 2d Assistant Treasurer, C. T. Millard ; Trustees, 
Francis B. Cooley, James P. Taylor, A. E. Hart, Charles E. Gross, Wm. B. Clark, 
James Nichols, George H. Day, Wm. C. Skinner, Ernest Cady, George E. Tain tor, 
Samuel G. Dunham, Silas Chapman, Jr., Chas. H. Northam, Lyman B. Brainerd, 
James M. Thompson, Franfcis Parsons, Arthur L. Shipman, George H. Burt. John 
R. Hills, John S. Camp, Sylvester C. Dunham, Charles P. Cooley, Patrick Garvan, 
Lucius A. Barbour. 



Digitized by LjOOQIC 



284 



BANS GOMHI8SIONBB8' REPORT. 



SOUTHINGTON SAVINGS BANK. 

L. B. Neal, Treasurer. Incorporated, 1860. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 


Loans on real estate, 


$685,580.12 


Whole amount of deposits, $1,426,787.82 


Loans on collateral security, 


45,265.50 


Surplus account, 45,000.00 


Loans on personal security 




Interest account, less cur- 


only, .... 


7,269.50 


rent expenses, and taxes 


Town, city, borough, and sen 




paid 85,161.95 


dist. notes and orders, . 


108,200.00 




State warrants, . 


6,098.38 




Town, city, school district, 






and corporation bonds, . 


120 000.00 




Railroad bonds. 


289.000.00 




Bank stocks in Connecticut, 


124.840 00 




Bank stocks in other states, 


84.100.00 




Real estate by foreclosure, 


18.166.29 




Banking house. 


9,000.00 




Premium account, . 


52.601.19 




Cash in banks, . 


68,799 81 




Cash in vault, . 


3,529.58 




Total Assets, . . $1,506,949.77 


Total Liabilities, . $1,506,949.77 



INVESTMENTS. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK 
VALUE. 


KARKET 
VALUE. 


STATE WARRANTS. 








Washington $ 


6,098.88 


6,098.88 


6,098.88 


TOWN, CITY, AND BOROUGH NOTES AND ORDER8. 








Borough of Wallingford, . 

44 South ington, . 
Town of Wallingford, 

" Cheshire 

" Bristol, .... 

" Plainville 

Central School District, Wallingford, 




$ 


14,200.00 

17,600.00 

17,000.00 

1,600.00 

40,000 00 

8,000.00 

6,000.00 


14.200.00 

17.500.00 

17,000.00 

1,500.00 

40,000.00 

8,000.00 

5,000.00 


14.200.00 

17,600.00 

17,000.00 

1,600.00 

40,000.00 

8,000.00 

5,000.00 


Totals, $ 


108,200.00 


108,200.00 


103,200.00 


TOWN, CITY, SCHOOL D18TRICT, AND CORPORA- 








TION BONDS. 








Bristol, Conn.. 4s, 
Cincinnati, Ohio, 7s, 

6s, 


1911 
1908 
1909 


$ 


5,000.00 

16,000.00 

4,000.00 


5,000.00 

16,000.00 

4,000.00 


6,125.00 

17,920.00 

4,400.00 



Digitized by 



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BAITS 00lOfIS8I02ntBS' BBPOBT. 



286 



SOUTHINGTON SA.VINGS B ANK.— Contotoed. 
INVESTMENTS.— CoHTnantD. 









PAB 


BOOK 


MABKBT 


DE8CBEPTION. 






VALUE. 


VALUE. 


VALUB. 


TOWN, CITY, SCHOOL DIBTBICT, AND CORPORA- 






. 


TION BONDS.— CONTINUED. 










Dulath, Minn., 


4b, 


1930, $ 


5,000.00 


5,000.00 


5,000.00 


Louisville, Ky., 


4s, 


1928, 


5,000.00 


5,000.00 


5,250.00 


Los Angeles, Cal. t 


4s, 


1906, 


6,000.00 


' 6,000.00 


6.000.00 


Minneapolis, Minn., 


4s, 


1920, 


5,000.00 


5,000.00 


5,200.00 


Newark, N.J. , 


4s, 


1922, 


5,000.00 


5,000.00 


5,200.00 


New Haven, Conn., 


8*«, 


1928, 


10,000.00 


10,000.00 


10,000.00 


Paterson, N. J., 


4s, 


1932, 


6,000.00 


6,000.00 


6.240.00 


Portland, Conn., 


4e, 


1905, 


5,000.00 


5,000.00 


5,000 00 


M Oregon, 


5s, 


1922, 


10,000 00 


10,000.00 


11,200.00 


Pueblo, Col., 


5s, 


1912, 


5,000.00 


5,000.00 


5.800.00 


St Paul, Minn., 


5s, 


1909. 


5.0U0.00 


5,000.00 


5,275.00 


<< *t 


4s, 


1920, 


5,000.0o 


5.000 00 


5.200.00 


Toledo, Obio, 


4s, 


1922, 


5,000.00 


5,000 00 


5,150.00 


West Hartford, Conn., 


4s, 


1920, 


10,000 00 


10,000.00 


10,400 00 


West Haven Union School, Conn., 


4*s, 


1909, 


8,000.00 


8,000.00 


8.120.00 


Woonsocket, R. I., 


4s, 


1915, 


5,000.00 


5,000.00 


5,100.00 


Totals, .... 


120,000.00 


120,000.00 


126,080.00 


BAILROAD BONDS. 












Burlington, C. Rapids & Northern, 


5s, 


1906, $ 


5,000.00 


5,000.00 


5,100.00 


Burlington & Missouri River, 


6s, 


1918, 


5,000.00 


5,000.00 


5,650.00 


Buffalo & Susquehanna, 


4s, 


1951, 


5,000.00 


5,000 00 


4.900.00 


Chicago, Burlington & Quincy, 

" if 111. Div 


7s, 


1906, 


6.000.00 


6,000.00 


6,240.00 


..3*8, 


1949, 


30,000.00 


29,000.00 


28,275.00 


Chicago, Milwaukee & St. Paul : — 












Miaeral Point, 


5s, 


1910, 


15,000.00 


15,000.00 


15,900.00 


Chicago & Pacific Western, 


5s, 


1921, 


30,000.00 


80,000.00 


84.800.00 


Chicago & Pacific, 


6s, 


1910, 


5,000.00 


5,000.00 


5.500.00 


Terminal, 


5s, 


1914, 


5,000.00 


5,000.00 


5,500.00 


Dubuque, 


6s, 


1920, 


5,000.00 


5,000.00 


6,250.00 


Chicago & Northwestern : — 












Menominee, 


7s. 


1911, 


10,000.00 


10.000.00 


11,900.00 


Chicago & Toman, 


6s, 


1905, 


20,000 00 


20,000.00 


20,600.00 


Northwestern Union, 


7s, 


1917, 


15.000.00 


15,000.00 


19,950.00 


Chicago & Eastern Illinois, 


5s, 


1937, 


5,000.00 


5,000.00 


6.000.00 


Chicago, St. Louis & New Orleans, 


5s, 


1951, 


10,000.00 


10,000.00 


12.000.00 


Chicago, Rock Island & Pacific, 


4s, 


1988, 


25,000.00 


25,000.00 


26,187.50 


Dakota & Great Southern, 


5s, 


1910, 


10.000.00 


10,000.00 


10,900.00 


Evansville & Terre Haute, 


5s, 


1930, 


5,000.00 


5,000 00 


4.750.00 


Illinois Central, Western Lines, 


4s, 


1951, 


6,000.00 


6,000 00 


6,180.00 


Iowa Falls & Sioux City, 
Minneapolis & St. Louis, 


7s, 


1917, 


15,000.00 


15,000 00 


19,500.00 


4s, 


1949, 


15,000.00 


15,000.00 


14.400.00 


•« <« 


«8, 


1921, 


5,000 00 


5.000.00 


6,000.00 


Montana Central, 


5s, 


1937, 


1,000.00 


1,000.00 


1,160.00 


New York, New Haven & Hartford 


,4s, 


1914, 


10.000.00 


10,000.00 


10,800.00 


it *< *< 


4s, 


1954, 


5,000.00 


5,000.00 


5,400.00 



Digitized by 



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286 



BANK COMMISSIONED' BEPOET. 



SOUTHINQTON SAVINGS BANK.— Continued. 

INVESTMENTS. — CoHTnnjED. 



DESCRIPTION. 




PAR 


BOOK 


MARKET 






VALUE. 


VALUE. 


VALUE. 


RAILROAD BONDS. — CONTINUED. 








Pittsburg, McKeesport & Yough'y, 6s, 1982, $ 


5,000.00 


5,000.00 


6,650.00 


Portland & Rumford Falls, 


4s, 1926, 


5,000.00 


5,000.00 


5,200.00 


St. L., Iron Mountain & Southern 


, — 








River & Gulf, 


4s, 1938, 


5,000.00 


5,000.00 


4,850.00 


St. Paul, Minneapolis & Manitoba 


: — 








Dakota Division, 


6s, 1910, 
. . .$ 


7,000.00 


7,000.00 


7,770.00 


Totals, .... 


290,000.00 


289,000.00 


817,812.50 


BANK BTOCK8. 




• 






20 shares Nat. Exchange, 


Hartford, $ 


1,000.00 


1,000.00 


1,240.00 


22 " uEtna National, 


♦« 


2,200.00 


2,200.00 


4,180.00 


81 " Charter Oak, 


«< 


8,100.00 


8,100.00 


8,720.00 


64 " First National, 


" 


6,400.00 


6,400 00 


8,960.00 


175 " American " 


• < 


8,750.00 


8,750.00 


12,250.00 


6 " Farmers and Mech. Nat., " 


600 00 


600.00 


702 00 


Id " Phoenix National, 


<< 


1,600.00 


1,600 00 


1,840 00 


82 " Citv, 
100 " Yale Nat., 


(< 


8,200. 00 


3,200.00 


2,880.00 


New Haven, 


10,000.00 


10,000.00 


13.200.00 


110 " Merchants 


f< 


5,500.00 


5,500 00 


6,980.00 


85 " Tradesmen's M 


" 


8,500.00 


8,500.00 


5,250.00 


264 " New Haven Co. " 


<< 


2.640.<H> 


2,640 00 


8,960.00 


28 " Second 


«« 


2,800.00 


2,800.00 


5,320.00 


10 " Middletown 




750.00 


750.00 


900.00 


80 " Middlesex Co. 


Middletown, 


8,000.00 


8,000.00 


3.000.00 


80 " First National, 


tt 


8,000 00 


3.000 00 


3,000.00 


10 " Columbia Trust Co., 


tt 


1.000.00 


1,000.00 


1,000.00 


86 " First National, 


Norwich, 


8,600 00 


8,600 00 


3,240.00 


50 M Thames " 


t* 


5,000.00 


5,000.00 


8.250.00 


64 <§ First 


Meriden, 


6,400.00 


6,400.00 


12.800.00 


128 " Home 


tt 


12,800. 0i' 


12,800.00 


15,360 00 


107 " Meriden '« 




10,700.00 


10,700.00 


10,700.00 


41 " Birmingham Nat., 




4,100.00 


4,100.00 


7,175.00 


65 " New Britain '• 




6 500.00 


6,500.00 


9,100.00 


50 " Mechanics " 


New Britain, 


5,000 00 


5.000.00 


8.750.00 


50 " Union, 


New London, 


5.000.00 


5,000.00 


5,000.00 


62 " Southington National, 




6,200.00 


6,200.00 


6,510 00 


176 " American Exch. Nat , 


New York, 


17,600 00 


17,600.00 


41,860 00 


125 " National Commerce, 


tt 


12,500.00 


12,500.00 


26.875 00 


50 *' Merchants National, " 


2,500.00 


2,500.00 


4,375.00 


10 " Shoe and Leather •• 


t* 


1,000.00 


1,000.00 


1,850.00 


5 * § First National, 


tt 
. . .$ 


500.00 


500.00 


8,000.00 


Totals, .... 

i 


158,440.00 


158,440.00 


242,177 00 



Digitized by 



by Google 



BANK COMMISSIONERS' BEPOBT. 



28T 



SOUTHINGTON SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000 

2 Number of depositors having $1,000 and 

not over $2,000 

8 Number of depositors having over $2,000 

and not over $10.(X 0, 
4 Number of depositors having over $10,000, 



9 
10 
11 

12 
18 
14 
15 
16 
17 
18 

19 
20 

21 
22 
28 
24 

25 

26 

27 

28 



80 



2,280; total amount, 

217; total amount, 

161 ; total amount, 
9 ; total amount, 



9428,897.10 

296,878.55 

569,489.18 
187,077.99 



2,667 ; total deposits, $1,426,787.82 
80,011.51 



281,694.18 

218,181.71 

18,512.47 



Total number of depositors, . 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 267 ; number 

closed, 289 ; decrease, 22. 
Amount deposited, including interest credited, during the past 

year, 

Amount withdrawn during the past year, 

Amount of increase 

Total of interest and profit and loss and rent 

accounts per last report, .... 
Amount of income received during the year, 
Total expenses, including salaries, during the year, 

State tax during the year, 

Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
All other amounts charged off, .... 
Dividends : 2 per cent., paid Jan., 1904 ; amount, 
2 per cent., paid July, 1904 ; amount, 

Net amount carried to surplus 

Total of interest and profit and loss and rent 

accounts per this report, .... 
Amount of past-due paper at this time is . 
Amount of assets yielding no income the past year. 
Loans on real estate — are they all first mortgages ? . 
Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, 

Largest amount of personal loan to any one individual, firm 

company, society, or corporation 

Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto. 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees 

or Directors, June. 
Date of annual meeting to elect President, Treasurer, and other 

officers, June. 



$82,780.70 

69,407; 

8,875.28 

2,786.15 

414.28 

8,549.75 

721.17 

27,667.90 

28,012.14 



85,161.95— 



102,188.52 



102,188.52 



6,000.00 

Yes 

89,500.00 

5,100.00 

11,800.00 

1** 

288.41 



Officers.— President, M. H. Holcomb ; Treasurer, L. B. Neal ; Directors or 
Trustees, Amon Bradley, E. P. Hotchkiss, M. N. Woodruff, Chas. H. Clark, J. 
H. Pratt, J. F. Pratt, W. H. Cummings. 



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288 



BANK COMMISSIONERS' BEFOBT. 



SOUTH NORWALK SAVINGS BANK. 

George F. Bbabsb, Treasurer. Incorporated, 1860. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 


Loans on real estate, . 


$640,898.00 


Whole amounts of deposits, $1,568,986.06 


Loans on collateral security, 


87,567.17 


Surplus account, 70,000.00 


Town, city, and borough 




Interest account, less cur- 


notes and orders, . 


28,500.00 


rent expenses, and taxes 


School district notes and 




paid 22,019.96 


orders 


86,400.00 


Profit and loss account, . 18,108.86 


Town, city, school district, 




Rent account, . 290.82 


and corporation bonds, . 


207,769.13 




Railroad bonds, 


485,850.00 




Bank stocks in Connecticut, 


6,100.00 




Real estate by foreclosure. 


5,800.00 




Banking house, 


18,000.00 




Premium account, . 


79,250.00 




Cash in banks, . 


127.886.21 




Cash in rault, . 


1.359.69 




Total Assets, . . $1,674,400.20 


Total Liabilities, . . $1,674,400.20 



INVESTMENTS. 



DESCRIPTION. 


PAR 
TALCB. 


BOOK 
TALUE. 


MARKET 

VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

City of South Norwalk, Conn $ 

Town of Norwalk, 


21,000.00 
7,500.00 


21,000.00 
7,500.00 


21.000.00 
7,500.00 


Totals, $ 

SCHOOL DISTRICT NOTES AND OBDBR8. 

South Norwalk Union school district, . . $ 

8outh Five Mile River " 

Middle 

East Norwalk " " ^ 


28,500.00 

29,000.00 

5,500 00 

900.00 

1,000.00 


28,500.00 

29,000.00 

5,500.00 

900.00 

1,000.00 


28,500.00 

29,000.00 

5,500.00 

900.00 

1,000.00 


Totals, $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

Danbury, Conn., 4s, 1927-29, $ 
South Norwalk, " 4s, 1913, 
Lyme, " ' 4s, 1918, 
Stoningtou, 18th school dist., 4s, 1918, 
Pueblo, Col., 4*s, 1914, 


36,400.00 

15,000.00 
10,000.00 
15,000.00 
15,000.00 
10,000.00 


86,400.00 

15,000.00 
10,000.00 
15,000.00 
15,000.00 
10,000.00 


86,400.00 

15,526.50 
10,100 00 
15.384.50 
16,405.00 
10,177.00 



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BANK COMMISSIONED' EEPOBT. 



289 



SOUTH NORWALK SAVINGS BANK.— Continued. 

INVESTMENTS.— Comtihuiid. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AND CORPORATION 
BONDS.— CONTINUBD. 

Pueblo, Colorado, 5s, 1912, $ 
South Den rer, " 6s, 1906, 
Col. Springs, " 4s, 1917, 
BiouzCity, Iowa, 5s, 1912, 
Council Bluffs, " 4is, 1918, 
Topeka, Kansas, 5s, 1918, 
Wichita, " 6s, 1921, 
Kansas City, " 6s, 1915, 
Omaha, Nebraska, 4s, 1918, 

5s, 1909, 
Portland, Oregon, 5s, 1928, 

6s, 1905-08, 
Spokane, Washington, 5s, 1914, 


5,000.00 

8.000.00 

20.000.00 

600.00 

3.000.00 
10.000.00 

9,000.00 
10)000.00 

2,000.00 
10,000.00 
14,000 00 
46,289.18 
10.000.00 


5,000.00 

8,000.00 

20,000.00 

500.00 

3,000 00 
10,000.00 

9,000 00 
10,000.00 

2,000.00 
10,000.00 
14,000.00 
46,289.18 
10,000.00 


5,148.00 

8.097.60 

20.824.00 

600.00 

3,000.00 
10,947.00 
11,475.00 
12,013.00 

2 050.00 
10,518.00 
16.750.00 
47.996.09 
11,034.00 


Totals $ 

RAILROAD BOND8. 

Eastern R. R. of Minn., 4s, 1948, $ 
St. Paul, Minn. & Manitoba, 4,8, 1933, 

6s, 1983, 
Montana Central, 6s, 1937, 

6s, 1987, 
St. P., Minn. A Man., Dak. Ex., 6s, 1910, 
Peoria & Pekin Union, 6s, 1921, 
St. Paul & Sioux City, 6s, 1919, 
Burl., Cedar Rap. & Northern, 5s, 1934, 
Chic, St. P., Minn. & Omaha, 6s. 1930. 
Minneapolis & St. Louis, 5s. 1934. 
Chic. , Mil. A St. Paul, 4s, 1989, 
Wisconsin A Minn., 5s, 1921, 
Buffalo A Susquehanna, 4s, 1951, 
Baltimore A Harrisburg, 5s, 1936, 
Ashland Coal and Iron, 4s, 1925, 
Chic. Rock Island A Pacific, 4s, 1988, 
Chicago A Eastern Illinois, 5s, 1937, 
Chicago A Indiana Coal. 5s, 1936, 
Oenesee A Wyoming, 5s, 1929, 
♦Louisv. A NashY. , N.Or. & Mo. Div. ,6s, 1930, 
♦First Mortgage Trust, 5s, 1931, 
Chicago, Hammond A Western, 6s, 1937, 


207,789.13 

10.000.00 
20,000.00 
82,000.00 

5.000.00 
25.000 00 

7,000.00 
30,000 00 
25,000.00 
25,000.00 
60,000.00 
35,000.00 
10,000 00 
15.000.00 

8.000 00 

5,000.00 
10,000.00 
24,000.00 
75.000.00 
15,000 00 
10,000.00 
80,000.00 
10,000.00 
10,000.00 


207,789.18 

10.000.00 
20,000.00 
82,000.00 

5.000.00 
25.000.00 

7,000.00 
80,000.00 
25,000.00 
25.000.00 
50,000.00 
35,000.00 
10.000.00 
15,000.00 

7,850 00 

5.000.00 
10,000.00 
24,000.00 
75,000.00 
15,000.00 
10.000.00 
30,000.00 
10,000.00 
10,000.00 


221,890.59 

10,426 00 
22.000.00 
42,480.00 

5.776.00 
82.812.50 

7,708 75 
35,287.50 
80,260.00 
29,750.00 
66.000.00 
89.900 00 
10.725.00 
17,100.00 

8,000.00 

6,026.50 
10,850.00 
24,780.00 
88.500.00 
17,487.60 
10,000.00 
87,800.00 
11,450.00 
12,800.00 


Totals, $ 

BANK STOCKS. 

61 shares City Nat., South Nor walk, Conn., $ 


486,000.00 485,850 00 
6,100.00, 6,100.00 


577,357.75 
10.675.00 



• Sold since October 1st. 



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290 



BANK COMMISSIONERS' REPORT. 



SOUTH NOR WALK SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 4,891; total amount, $895,648 26 

2 Number of depositors having $1,000 and 

not over $2,000, 849; total amount, 446,806 76 

8 Number of depositors having over $2,000 

and not over $10,000, . 147; total amount, 422,081.04 

4 Number of depositors having over $10,000, 0; total amount, 

5 
6 

7 



9 

10 

11 

12 
13 
14 
15 
16 
17 
18 

19 
20 

21 



24 

25 

26 

27 

28 
29 

80 



5,387; total deposits, $1,563,986.06 
6,607.51 



Total number of depositors, . 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 714 ; number 

closed, 502 ; increase, 212. 
Amount deposited, including interest credited, during the past 

year 

Amount withdrawn during the past year, 

Amount of increase, 

Total of interest and profit and loss and rent 

accounts per last report, .... 
Amount of income received during the year, 
Total expenses, i Deluding salaries, during the year, 

State tax during the year, 

Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
All other amounts charged off, .... 
Dividends: 2 per ct. paid Jan. 1, 1904 ; amount, 
2 per ct. paid July 1, 1904 ; amount, 
Net amount carried to surplus, .... 
Total of interest and profit and loss, and rent ac- 
counts per this report, 

Amount of past due paper at this time is . 

Amount of assets yielding no income the past year, 

Loans on real estate — are they all first mortgages ? 

Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, 

Largest amount of personal loan to any one individual, firm 

company, society, or corporation, .... 
Largest amount of collateral loan to any one individual, firm 

company, society, or corporation, ..... 

Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, July. 



$45,077.03 

75,900.88— 

4,653 82 

8,131.45 

464.16 

5,439.50 

1,019.24 

27,802.40 

28.653 20 

10,000.00 

40,414.14— 



501,807.87 
854,046.19 
147,761.68 



120,977.91 



120,977.91 



1,600.00 

Yes 

40,000.00 



10,000.00 

.0166* 
96.38 



Officers.— President, Alden 8olmans ; Treasurer, George F. Bearse ; Direc- 
tors or Trustees, Alden Solmans, John H. Enapp, Henry I. Smith, Edward Beard, 
John H. Light, Josiah R. Marvin, George F. Bearse, Henry Seymour, Charles E. 
Dow, Charles G. Bohannan, Fred B. Baker, Fred H. Rowan, Frank D. Layton. 



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BANK OOMMISSIONEBS' EBPOET. 



291 



SOUTHPORT SAVINGS BANK. 

Charles 0. Perky, Treasurer. Incorporated, 1854. 

STATEMENT, OCTOBER 1, 1904. 



A88RTB. 




LIABILITIES. 




Loans on real estate, . 


$222,983.00 


Whole amount of deposits, 


$838,814.22 


Loans on collateral security, 


48,547.92 


Surplus account, 


25,000.00 


Town notes, 


13,000.00 


Interest account, less cur- 




Town, city, school district, 




rent expenses, and taxes 




and corporation bonds, . 


280,000.00 


paid, .... 


57,820.43 


Railroad bonds, . 


874,000.00 






Bank stocks in Connecticut, 


6,100.00 






Banking bouse, . . 


5,000.00 






Cash in banks, . 


22,790.25 






Cash in vault, . 


3.21348 


Total Liabilities, . 




Total Assets, 


$920,634,65 


$920,684.65 



INVESTMENTS. 











PAR 


BOOK 


MARKET 




DESCRIPTION 






VALUE. 


VALUE. 


VALUE. 




TOWN NOTE! 


. 










South port, 






. . .$ 


18,000.00 


13,000.00 


13,000.00 


TOWN, CITY, 


SCHOOL DISTRICT, 


AND CORP. BONDS. 








Brooklyn, 


City, 


7s, 


1915, $ 


1,000.00 


1,000.00 


1,850.00 


Boston, 


(f 


4s, 


1912, 


8.000 00 


8,000.00 


8,320.00 


Cincinnati, 


a 


6s, 


1910, 


10,000.00 


10,000.00 


10,500.00 


Chicago, 


i f 


4s, 


1915, 


10,000.00 


10,000.00 


10,800.00 


Cambridge, 


it 


4s, 


1912, 


1,000.00 


1.000.00 


1,080.00 


<• 


ii 


4s, 


1924, 


1,000 00 


1,000.00 


1,060.00 


Dayton, 


t* 


5s, 


1909, 


22,000.00 


22,000.00 


23,820.00 


<« 


*' 


5s, 


1911, 


25,000.00 


25.000.00 


27,000.00 


Danbury, 


i« 


4s, 


1935, 


5,000 00 


5,000.00 


5,150 00 


*« 


if 


4s, 


1936, 


5.000.00 


5,000.00 


5.200.00 


Hartford, 


f< 


3*s, 


1917, 


2,000 00 


2.000 00 


2,080.00 


i< 


<« 


4s, 


1926, 


2.000.00 


2,000.00 


2,100 00 


Kansas, 


" 


4*s, 


1908-1918, 


20,000.00 


20,000.00 


21,200.00 


<< 


ff 


5s, 


1915, 


10,000.00 


10,000.00 


10 800.00 


Lowell, 


it 


4s, 


1920, 


2.000.00 


2.000.00 


2,080.00 


Omaha, 


ft 


5s, 


1909, 


10.000.00 


10,000.00 


10,800 00 


Paterson, 


f« 


4*8, 


1910, 


5.000.00 


5,000.00 


5,200.00 


Portland, 


it 


5s, 


1925, 


10,000.00 


10,000.00 


11,200.00 


Pawtucket, 


«t 


4s, 


1984, 


10,000.00 


10,000.00 


10,500.00 


Toledo, 


it 


8*8, 


1980, . 


5,000.00 


5.000.00 


5,100.00 


Bethel, 


Town, 


4s, 


1919, 


4,000.00 


4.000.00 


4,080.00 


Bristol, 


" 


4s, 


1907, 


8,000.00 


8,000.00 


8,000.00 



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292 



BANK COMMISSIONERS' EEPOET. 



SOUTHPORT SAVINGS BANK.— Continued. 

ft 

INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITT, SCHOOL DISTRICT, AND CORP. BONDS. 
— CONTINUED. 



Bristol, 



Town, 



Danbury, 
New Hartford, 
Stonington, 
Windham, 
Windsor Locks, 



4s, 1910, 

4s, 1918, 

4s, 1916, 

8*s, 1932, 

8*8, 1921, 

4s, 1918, 

4s, 1925, 

4s, 1919, 

4s, 1929, 



Totals, 



RAILROAD BONDS. 



Atchison, Topeka & Santa Fe, 
Chicago, Milwaukee & St. Paul :— 

Mineral Point Div. f 

Chi. & Pacific West'n 

Southwestern - " 

Dubuque •' 

Chicago A Northwestern : — 

Northwestern Union, 

Ottumwa, Cedar Falls & St. Paul, 

Cedar Rapids & Mo. River, 

Minnesota & Iowa, 

Boyer Valley, 

Sioux City & Pacific, 
Chicago, Burlington & Quincy :— 

Illinois Division, 

Nebraska Extension, 
Chicago, Rock Island & Pacific, 
Chicago & Alton, 
Delaware & Hudson Canal, 
Illinois Central, 

Louisville Div., 
Midland of New Jersey, 
Minneapolis & St. Louis, 
New York, Lackawanna & Western 
N. Y. Central & Hudson River, 
N. Y., N. H. A Hartford. 
St. Paul, Minneapolis & Manitoba, 
Terre Haute & Indianapolis, 



4s, 1995, | 8,000.00 



5s, 
5s, 

£' 
6s, 

7s, 

5s, 

7s, 

Bis, 

ojs, 

8*s, 

84s, 
4s, 
4s, 
8s, 

?• 

8*8, 
8*8, 

,7s, 

8*8, 
3*8, 

4s, 
5s, 



1910, 
1921, 
1909, 
1920, 

1917, 
1909, 
1916, 
1924, 
1928, 
1986, 

1949, 
1927, 
1988, 
1949, 
1917, 
1951, 
1953, 
1910, 
1949, 
1921, 
1997, 
1954, 
1937, 
1925, 



Totals, 



PAR 

TALUS. 



8,000.00 

8,000.00 

2,000.00 

10.000.00 

10,000.00 

10.000.00 

10,000.00 

1,000 00 

10,000.00 



280,000.00 



18,000.00 

15,000 00 

20,000.00 

6,000.00 

19,000.00 
31,000.00 
1,000.00 
18,000.00 
12,000.00 
10,000.00 

20,000.00 
10,000.00 
20,000.00 
20,000.00 

5,000 00 
40,000.00 
10,000.00 

6,000.00 
20,000.00 
10,000.00 

5,000.00 
25,000.00 

5,000.00 
25,000.00 



BOOK 
▼ALUS. 



8.000.00 

8,000.00 

2,000.00 

10.000 00 

10,000.00 

10.000.00 

10,000 00 

1,000.00 

10,000.00 



280,000.00 



8,000.00 

18,000.00 

15,000.00 

20,000.00 

6,000.00 

19,000.00 
31,000.00 
1,000.00 
18,000.00 
12,000.00 
10,000.00 

20,000.00 
10,000 00 
20,000.00 
20,000.00 

5,000.00 
40,000.00 
10,000.00 

6,000 00 
20,000.00 
10,000.00 

6,000.00 
25,000.00 

5,000.00 
25,000.00 



II 374,000.00 874,000.00) 886,970.00 



MARKET 
VALUE. 



8.080.00 

8,060.00 

2,060.00 

10,000.00 

10,000.00 

10,400.00 

10,800.00 

1.040.00 

10,800.00 



242,060 00 



8,160.00 

19,260.00 

17,250.00 

21,800.00 

7,200.00 

24,890.00 
81,980.00 

1.800.00 
18,000.00 
12,000.00 

9,500.00 

19,800.00 
10,400.00 
20.600.00 
16,800 00 

6,550.00 
38,600 00 

9,400.00 

6,480 00 
20,000.00 
13.000.00 

5,000.00 
24,000.00 

5,050.00 
25,000.00 



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BANK COMMISSIONERS' BEPOKT. 



293 



SOUTHPORT SAVINGS BANK.— Continuh>. 
INVESTMENTS.— Conthtoed. 



DESCRIPTION. 


PAR 

TALUS. 


BOOK 
TALUB. 


MARKET 
TALUB. 


BABK STOCKS. 

00 shares Central National, Middletown, $ 
16 «• Norwalk •' Norwalk, 


4,500.00 
1,600.00 


4,500.00 
1,600.00 


4,800.00 
1,760.00 


totals, $ 


6,100.00 


6,100.00 


6,560.00 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

•1,000, 

2 Number of depositors having $1,000 and 

not over $8,000 

8 Number of depositors having over $2,000 

and not over $10,000, .... 
4 Number of depositors having over $10,000, 

5 
6 

7 



1,282; total amount, 

149; total amount, 

98; total amount, 
4; total amount, 



$264,821.60 

204,175 89 

321,629.41 
48,187.82 



1,478; total deposits, $888,814 22 
18,825.9a 



189,592.80 

124.870.48 

14,721.87 



Total number of depositors, 
Largest amount due a single depositor, 

Number of accounts opened the past year, 177; number closed, 
154; increase, 23. 

8 Amount deposited, including interest credited, during the past 

year, ........... 

9 Amount withdrawn during the past year, 

10 Amount of increase, 

11 Total of interest and profit and loss, and rent 

accounts per last report, .... 

12 Amount of income received during the year, 
18 Total expenses including salaries during the year, 

14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, .... 

18 Dividends: 2 per cent, paid Jan. 1, 1904; amount, 

2 per cent, paid July 1, 1904; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, . 

23 Loans on real estate — are they all first mortgages ? . 

24 Largest amount loaned on mortgage to any one individual 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 



$54,484 52 

42,614.67— 

4,871.08 

1,908.17 





495.74 

16,141.73 

16,862.04 



57,820.43— 



97,099.19 



firm, 
firm, 



97,099.19 





Yes 

14,000 00 

8,000.00 

15,647.92 



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294 BANK commissioners' report. 



SOUTHPORT SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

87 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, about July 1st each year. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, about July 1st each year. 

• 
Officers.— President, John H. Perry ; Treasurer, Charles C. Perry ; Direc- 
tors or Trustees, John H. Perry, 8imon C. Sherwood. Arthur O. Jennings, W. B. 
Meeker, Bent A. Bulk ley, John A. Oorham, C. O. Jelliff, Charles C. Perry, H N. 
Wakeman, Henry H Perry, 8. W. Sherwood, J. L. Hetzel, L. B. Switzer, W. G. 
Waterman, L. B. Curtis, John Walter Perry. 



Digitized by VjOOQ IC 



BANK COMMISSIONERS' BEPOBT. 



295 



STAFFORD SAVINGS BANE, STAFFORD SPRINGS. 

Charles F. Harwood, Treasurer. Incorporated, 1872. 

STATEMENT, OCTOBER 1, 1904. 



A6SET8. 




LIABILITIES. 




Loans on real estate, . 


1811,584.00 


Whole amount of deposits, 


$712,688.77 


Loans on collateral sec'y, . 


8,500 00 


Surplus account, 


26,000.00 


Loans on personal security 




Interest account, less cur- 




only, . 


17,800.00 


rent expenses, and taxes 




Town, city, and borough 




paid, . . . 


8,764.18 


notes and orders, 


11,400.00 


Profit and loss account, 


4,091.46 


Town, city, school district, 








and coi poration bonds, . 


25.000.00 






Railroad bonds, . 


244.500.00 






Bank stock* in Connecticut, 


22,2(»0.00 






Real estate by foreclosure, . 


225.00 






Premium account, 


25,000.00 






Cash in banks, . 


88,580.78 






Cash in vault, 


1,299.57 
$751,489.85 


Total Liabilities, . 




Total Assets, 


$751,489.85 



INVESTMENTS. 





PAR 


BOOK 


MARKET 


DESCRIPTION. 


TALUS. 


TALUB. 


TALUB. 


TOWN, CITT, AND BOROUGH NOTES AND ORDERS, 








Borough of Stafford Springs, . . $ 


11,400.00 


11,400.00 


11,400.00 


TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 








City of Newark, N. J. (water), 4s, 1922, $ 


25,000.00 


25,000.00 


27,000.00 


RAILROAD BONDS. 








Chi., Burl. & Quincy, 111. Div., 8*s, 1949, 


15,000.00 


15,000.00 


14,250.00 


Chicago, Milwaukee &'St. Paul : — 








Southwestern Division, 6s, 1909, 


11,000.00 


11,000.00 


12,210.00 


Wisconsiu & Minn. " 5s, 1921, 


10,000.00 


10,000.00 


11,600.00 


Wisconsin Valley " 7s, 1909, 


6,500.00 


5,500.00 


6,160.00 


Dubuque " 6s, 1920, 


5,000.00 


5.000.00 


6.250.00 


Chi., St. Paul, Minn. & Omaha, 6s, 1980, 


10,000.00 


10,000.00 


18,450 00 


Chi. & East. 111., gen. cons, lstmtg., 5s, 1987, 


25,000.00 


25,000.00 


80,000.00 


Chi.. Rock Isl. & Pacific, gen. mtg., 4s, 1988, 


25,000.00 


25,000.00 


26,250.00 


Clearfield & Mahoning, 5s, 1948, 


15,000.00 


15,000.00 


16,950.00 


Burlington, C. Rapids & Northern, 5s, 1984, 
Ottumwa. Cedar Falls & St. Paul, 5s, 1909, 


25,000.00 


25,000.00 


29,750.00 


8,000.00 


8,000.00 


8,400.00 


Eastern Ry. of Minn., Nor. Div., 4s, 1948, 


10,000.00 


10,000.00 


10,000.00 


Montana Central, 6s, 1987, 


10,000.00 


10,000.00 18,800.00 


Minn. A St. Louis cons. 1st mtg., 5s, 1984, 


10,000.00 


10,000.00 


11,600.00 



Digitized by 



Google 



296 



BANK COMMISSIONERS* REPORT. 



STAFFORD SAVINGS BANK, STAFFORD SPRINGS.— 

Continued. 

INVESTMENTS.— Continued. 



DESCRIPTION. 


PAR 
TALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


RAILROAD BONDS.— CONTINUED. 

Willmar & Sioux Falls, 5s, 1934, $ 
St. P. , Minn. & Man., cons. 1st mtg., 6s, 1933, 
Btaten Island (gold), 4*s, 1943, 
Iowa Falls & Sioux City, 7s, 1917, 
Terra Haute & Indianapolis, cons., 5s, 1925, 


10,000.00 
10,000.00 
10,000.00 
10,000.00 
20,000.00 


10,000.00 
10,000.00 
10,000.00 
10,000.00 
20,000.00 


11,750.00 

13,400.00 
10,000.00 
12,800 00 
20,800.00 


Totals, $ 

BANK STOCKS. 

87 shares First National, Norwich, Conn., $ 
55 " " " Stafford Springs, Ct., 
80 " " M Middletown, Conn., 

9 " Rockrille " Rockville, 
10 " First National Wallingford, " 

6 " Farm. & Mech. Nat'l, Hartford, " 
50 " Thames National, Norwich, 


244,500.00 

8,700.00 
5,500.00 
8,000.00 

900.00 
1,000.00 

600 00 
5,000.00 


244,500.00 

8,700.00 
5,500.00 
8,000 00 

900.00 
1,000.00 

600.00 
7,500.00 


278,920.00 

2,775.00 
6,875.00 
8,000.00 

990.00 
1,100.00 

750 00 
8,000.00 


Totals, $ 


19,700.00 


22,200.00 


23,490.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors' having less than 

$1,000 1,842; total amount, $338,286.21 

2 Number of depositors having $1,000 and 

not over $2,000, .... 150; total amount, 194,801.69- 
8 Number of depositors having over $2,000 

and not over $10,000, . 54; total amount, 180,045.87 

4 Number of depositors having over $10, 000, 0; total amount, 

5 Total number of depositors, . . . 2,046; total deposits, $712,633.77 

6 Largest amount due a single depositor, 8,093.22 

7 Number of accounts opened during the past year, 263; number 

closed, 194; increase, 69. 

8 Amount deposited, including interest credited, during the past 

year 151,239.66 

9 Amount withdrawn during the past year 127,308.23 

10 Amount of increase, 28,936.4& 

11 Total of interest and profit and loss and rent ac- 

counts per last report, $12,308.30 

12 Amount of income received during the year, . 83,843.41— 46,151.71 

13 Total expenses, including salaries, during the year, 2,850.17 * 

14 State tax during the year, 1,565.21 

15 Town and city taxes and assessments paid, . 

16 Net amount of premiums charged off, 8,000.00 

Digitized by LjOOQIC 



BANK COMMISSIONERS' REPORT. 297 



STAFFORD SAVINGS BANK, STAFFORD SPRINGS.— 

Continued. 

MISCELLANEOUS ITEMS.— Continued. 

17 All other amounts charged off, .... 

18 Dividends, If percent, paid Jan. 1, 1904; amount, $11,808.87 

If percent, paid July 1, 1904; amount, 12,072.88 

19 Net amount carried to surplus, .... 2,000.00 

20 Total of interest and profit and loss and rent ac- 

counts per this report 12,855.58— |46,151.71 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . . . 225.00 

23 Loans on real estate — are they all first mortgages ? . . . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 80,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 8,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 8,500.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . . 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Wednesday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, third Wednesday in July. 

Ofpiceks. — President, Edwin C. Pinney; Treasurer, Charles F. Harwood. 
Directors or Trustees, Joel H. Reed, Justice J. Ellis, George C. Parkess, William 
G. Ellis, Lucius A. Aborn, James V. Squier, Davis A. Baker, Christopher Allen, 
Marcus B. Fisk, Charles G. Ellis, Hannibal Alden. 



Bahk— 20 

Digitized by LjOOQIC 



298 



BANE COMMISSIONED' REPORT. 



THE STAMFORD SAVINGS BANK. 

Franklin Miller, Treasurer. Incorporated, 1851. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, 

Loans on collateral security, 

Loans on personal security 
only, .... 

Town, city, and borough 
notes and orders, . 

School district notes and 
orders, .... 

State bonds, 

Town, city, school district, 
and corporation bonds, . 

Railroad bonds, 

Railroad stocks, 

Bank stocks in Connecticut, 

Real estate by foreclosure, 

Banking house, 

Insurance and taxes ad- 
vanced on real estate 
mortgaged, . 

Premium account, . 

Stamford Mfg. Co. stock 

Safes and furniture, . 

Suspense, . 

Cash in banks, . 

Cash in vault, . 

Total Assets, 



LIABILITIES. 

Whole amount of deposits, $8,802,588.17 

Surplus account, 200,000.00 
Interest account, less cur- 
rent expenses, and taxes 

paid, .... 85,075.58 

Profit and loss account, . 81,758.72 

Rent account, . 2,059.18 



$1,466,875.01 
115,415.50 

81,467.78 

80,000.00 

9,860.00 
2,000.00 

284,500.00 
1,808,000.00 
22,000.00 
60,200.00 
57,859.65 
88,221.04 



127.84 

44,669.25 

89,712.86 

7,968.19 

808.48 

180,194.58 

22,602.02 

$4,171,481.65 | Total Liabilities, 



INVESTMENTS. 



$4,171,481.65 



description. 



STATE BONDS. 

Massachusetts, due 1985, 8£, . I 

TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Stamford, $ 



SCHOOL DISTRICT NOTE8 AND ORDERS. 

Byram School District, 
Darien, " " No. 4, 
Noroton, " " .... 



PAR 
VALUE. 



2,000.00 
30,000.00 



BOOK 
VALUE. 



$ 7,000.00 

2,050.00 
810.00 



I 



2,000.00 
80,000.00 



7,000.00 

2,050.00 

810.00 



MARKET 
VALUE. 



2,000.00 

80,000.00 



7,000.00 

2,050.00 

810.00 



Totals, $1 9,860.00' 9,860.00 9,860.00 



Digitized by 



Google 



BANK COMMISSIONED REPORT. 



299 



TBE STAMFORD SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



description. 



PAK 
VALUE. 



RAILROAD STOCKS. 

New York, New Haven & Hartford, . . $, 22,000.00 



TOWN, CITY, 8CHOOL DISTRICT, AND CORPORA- 1 
TION BONDS. | 

Los Angeles, Cal., City, 4s, 1914-1915, $ 
Col. Sp'gs, Col.,Cty. w. w'ks, 4s, 1918, 
Pueblo, " " 4*s, 1912-1914, 

4*s, 1918, 
" 5s, 1907-1912, 

Birmingham, Conn., Bor., 4s, 1908, 
Greenwich, " " 4s, 1922, 

Norwalk, Conn., Bor., reg., 4s, 1907, 
Stamford. " Tn. high sch., 4s, 1914r-1924, 
Council Bluffs, la., City, 6s, 1905-1915, 
'< "sewer, 6s, 1904-1914, 
" "pav'g, 6s, 1904-1914, 
Chicago, 111., jud't bds., 4s, 1914, 
Wichita, Kan., City, 6s f 1915, 
Bath, Me., " 6s, 1911-1921, 

Kansas City, Mo., 
8t. Louis; 

Omaha, Neb., " 4s, 

Atlantic. City, N. J., M pv'g, 4s, 
Hoboken, N. J., " 4s, 

Newark, " " 4s, 

Cincinnati, Ohio, " 7s, 

Teledo, " •' 4s, 

M Ohio, City, gen'lre'fg. 4s 



Lima, '" " 
Johnstown, Pa., City, 
Pawtucket, R. 1., •' 
Superior, Wis., 



,44s, 1915, 
6s, 1906, 

1918, 

1919, 

1917, 

1922, 

1908, 

1917, 

1924, 
8*s, 1930, 
4s, 1916, 
4s, 1904-1924, 
4s, 1937, 
6s, 1910, 



Totals $ 

RAILROAD BONDS. 

Ashland Coal & Iron, 4s, 1905-1925, $ 

Baltimore & Ohio: — 

Staten Island, 4Js, 1943, 

Buff., R. & Pitts. (C. & M.), 5s, 1943, 

Buffalo & Susquehanna, 4s, 1951, 

Chicago, Burl. & Quincy, 3±s, 1929-1949, 

" reg., 3*s, 1929, 

Chic. , Rock ML & Pac. ,reg. , 4s, 1988, 

B., C. R. &N.,lstm. c. c'p., 5s, 1934, 

Ced. Rap., Iowa. F. & Nor., 5s, 1921, 



12,000.00 

10,000.00 

10,000.00 

5,000.00 

5,000.00 

10,000.00 

10,000.00 

20,000.00 

*0,000.00 

1,000.00 

7,500.00 

3,000.00 

5,000.00 

20,000.00 

2,000.00 

15,000.00 

15,000.00 

5,000.00 

10,000.00 

10,000.00 

10,000.00 

11,000.00 

5,000.00 

15,000 00 

20,000.00 

5,000.00 

. 8,000.00 

10,000.00 

5,000.00! 



284,500.00 



19,000.00 

40,000.00 
114.000.00 
35,000.00 
23,000.00 
35,000.00 
150,000.00 
42,000.00 
5,000.00 



BOOK 
VALUE. 



22,000.00 



12,000.00 

10,000.00 

10,000.00 

6,000.00 

5,000.00 

10,000.00 

10,000.00 

20,000.00 

20,000.00 

1,000.00 

7,500.00 

8,000.00 

5,000.00 

20,000.00 

2,000.00 

15,000.00 

15,000.00 

5,000.00 

10,000.00 

10,000.00 

10,000.00 

11,000.00 

5,000.00 

15,000.00 

20,000.00 

5,000.00 

8,000.00 

10,000.00 

5,000.00 



MARKET 
VALUE. 



42,240.00 



12,240.00 

10,000.00 

10,350.00 

5,825.00 

5,250.00 

10,150.00 

10,300.00 

20,100.00 

20,650.00 

1,055.00 

7,875.00 

8,150.00 

5,100.00 

28,000.00 

2,060.00 

16,350.00 

15,525.00 

5,050.00 

10,225.00 

10,800.00 

10,800.00 

12,430.00 

5,075.00 

15,800.00 

19,400.00 

5,000.00 

8,200.00 

10,500.00 

6,000.00 



284,500.00 295,760.00 



19,000.00 

40,000.00 
14,000 00 
35,000.00 
23,000.00 
85,000.00 
150,000.00 
42,000.00 
>5,000.00 



19,570.00 

41.800.00 
15,400.00 
34,650.00 
21,677.50 
32,987.50 
157,125.00 
50,400.00 
5,600.00 



Digitized by 



Google 



800 



BANK COMMISSIONED' EEPOBT. 



THE STAMFORD SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED. 

Chicago, Eastern & Ills., 5s, 1937, 

44 reg., 5s, 1937, 

Chicago & Northwestern : — 

Madison, coup., 7s, 1911, 

Menominee River, 7s, 1906, 

Northwest Union, 7s, 1917, 

Ottum. , Cedar Falls & 8t. P. , 5s, 1909, 

M., L. S. & W., Ash. Div., 6s, 1925, 

*' Cons'd " 6s, 1921, 

" Mich., 6s, 1924, 

Sioux C. & P. W., reg., 8*s, 1936, 

Chicago, Milwaukee & St. Paul : — 

Chicago & Pac. Western, 5s, 1921, 

" Div., 6s, 1910, 

Chicago & Lake Superior, 5s, 1921, 

Dubuque, 6s, 1921, 

Hastings & Dakota, 5s, 1910, 

Mineral Point, 5s, 1910, 

Southwest, 6s, 1909, 

Terminals, 5s, 1914, 

Wisconsin & Minnesota, 5s, 1921, 

Wis. Valley, prior 1st m., 7s, 1909, 

Del. & Hudson, Alb. &8usq., 6s, 1906, 

Elgin, JolietA Eastern Ry., 5s, 1941, 

Erie, Buff., N. Y. & Erie :— 

Clevel'd & Mahon'g Val., 5s, 1988, 

Goshen & Deckertown, 6s, 1928, 

Northern of New Jersey, 6s, 1917, 

Sharon, 4*8, 1919, 

Evansv. A T. H., Sul. Co. Br., 5s, 1930, 

Genesee & Wyoming, 5s, 1929, 

Great Northern :— 

St.P.Minn.&Man.,cons'd, 4*8, 1933, 

«'" Dakota, 6s, 1910, 

" East, of Minn., 5s, 1908, 

«• •« " "reg., 4s, 1928^48, 

" Mon. Ex., •• 4s, 1987, v 

'• " " " coup., 4s, 1937, 

Willmar & Sioux Palls, 5s, 1938, 

"reg., 5s, 1938, 

Illinois Central : — 

Springfield Division, reg., 3*s, 1951, 

' Chic. St. L. & N. Orl's, reg.,3*s, 1951, 

L'uisv. & N'shv. , unified, reg. , 4s, 1940, 

" coup., 4s, 1940, 

LVe&NVe,8t.L. D.,lstm.,r.,6s, 1921, 

Minneapolis & St. L. , coup. , 4s, 1949, 

"lstm.g.,reg.,5s, 1934, 



FAR 
VALUE. 



20,000.00 
50,000.00 

30,000.00 
20,000.00 
61,000.00 
20,000.00 
14,000.00 
12,000.00 
27,000.00 
40,000.00 

60,000.00 
10,000.00 
10,000.00 
35,000.00 
18,000.00 
80,000.00 
43,000.00 
41,000.00 
10,000.00 
12,000.00 
15,000.00 
15,000.00 

10,000.00 
21,000.00 
15,000.00 
18,000.00 
84,000.00 
10,000.00 

95,000.00 
10,000.00 
10,000.00 
55,000.00 
44,000.00 
75,000.00 
10,000.00 
12,000.00 

50,000.00 
10,000.00 
15,000.00 
10,000.00 

5,000.00 
70,000.00 

5,000.00 



BOOK 
VALUE. 



20,000.00 
50,000.00 

30,000.00 
20,000.00 
61,000.00 
20,000.00 
14,000.00 
12,000.00 
27,000.00 
40.000.00 

60,000.00 
10,000.00 
10,000.00 
85,000.00 
13,000.00 
80,000.00 
48,000.00 
41,000.00 
10,000.00 
12,000.00 
15,000.00 
15,000.00 

10,000.00 
21,000.00 
15,000.00 
18,000.00 
34,000.00 
10,000.00 

95,000.00 
10,000.00 
10,000.00 
55,000.00 
44,000.00 
75,000.00 
10,000.00 
12,000.00 

50,000.00 
10,000.00 
15,000.00 
10,000.00 

5,000.00 
70,000.00 

5,000.00 



MARKET 
VALUE. 



24,000.00 

60,000.00 

35,850.00 
21,200.00 
80,520.00 
20,000.00 
18,305.00 
15,240.00 
35,302.00 
38,000.00 

69,600.00 
11,275.00 
11,625.00 
43,750.00 
13,845.00 
85,000.00 
47,515.00 
45,305.00 
11.575.00 
18,440.00 
15.750.00 
17,475.00 

11,525.00 
27,405.00 
17,250.00 
18,780.00 
84,000.00 
11,100.00 

104,500.00 
11,800.00 
10,450.00 
55,000.00 
45.540.00 
77,625.00 
11,750.00 
14,100.00 

47,500.00 
9,325.00 

15,225.00 

10,150.00 
5,925.00 

66,675.00 
5,800.00 



Digitized by 



Google 



BANK COMMISSIONERS' REPORT. 



801 



THE STAMFORD SAVINGS BANK— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. — CONTINUED . 



New York Central & Hud. R. :— 
Beech Creek, reg., 4s, 

Mich.,C. K.&S.H., " 5s, 

N. Y., N. H. & H. :— 
Port Chester & Harlem, reg.,4s, 

Pennsylvania : — 
Erie & Pittsburg, coup., 31s, 
Jeff'son,Mad. &Inds., coup. ,7s, 
Long Island, Stewart's Line, 4s, 



Terre Haute & Ind. 

Delaware & Chesapeake, 
Reading : — 

Phil., Harrisb'g&Pittsb'g, 

Central of New Jersey, 
Tuscarora Valley, 
Wabash:— 

Baltimore & Harrisburg, 

Potomac Valley, 



5s, 



5s, 
5s, 
5s, 

5s, 
5s, 



1936, 
1989, 

1954, 

1940, 
1906, 
1932, 
1925, 
1912, 

1925, 
1987, 
1937, 

1936, 
1941, 



Totals, $ 



BANE 8TOCE8. 

13 shares Birmingham Nat'l, Birmingham, $ 
City •• So. Norwalk, 

Danbury " Danbury, 

Farm's&Mec's " Hartford, 
First ,- Norwich, 

" Stamford, 
Norwalk, 
Winsted, 
Norwalk, 
Bridgeport, 
New Haven, 
Stamford, 
Danbury, 



45 
84 
14 
60 
88 
39 
15 
22 
20 
25 
500 
77 



Fairfield Co. « 

Hurlbut 

National Bank * 

Pequonnock Natl, '. 

Second 

Stamford 

The City Nat'l of 



Totals, $ 



PAR 

TALUE. 



15,000.00 
10,000.00 

20,000.00 

25,000.00 

2,000.00 

10,000.00 

25,000.00 

8,000.00 

15,000.00 
10,000.00 
15,000. 00| 



40,000.00 
33,000.00 



BOOE 
VALUE. 



15,000.00 
10,000.00 

20,000.00 

25,000.00 

2,000.00 

10,000.00 

25,000.00 

8,000.00 

15,000.00 
10,000.00 
15,000.00 

40,000.00 
33,000.00 



MARKET 
VALUE. 



15,825.00 

11,800.00 
21,000.00 

23,937.50 
2,100.00 
9,950.00 

28,500.00 
8,080.00 

17,175.00 
18,175.00 
16,500.00 

47,200.00 
38,775.00 



I 



1,808,000.021,808,000.001,974,424.50 



1,800.00 
4,500.00j 
8,400.00 
1,400.00 
6,000.00' 
8,800.0t) 
8,900.00 
1,500.00 
2,200.00j 
2,000.00 
2,500.00 
15,000.001 
7,700.001 
I 



1,800.00 
4,500.00 
8,400.00 
1,400.00 
6,000.00 
8,800.00 
8,900.00 
1,500.00 
2,200.00 
2,000.00 
2,500.00 
15,000.00| 
7.700.00 1 



2,275.00 
6,750.00 
8,604.00 
1,708.00 
4,500.00 

20,240.00 
8,510.00 
2,250.00 
2,200.00 
3,000.00 
4,875.00 

25,000.00 
8,085.00 



60,200.001 60.200.00 87,997.00 



Digitized by 



Google 



302 



BANK COMMISSIONERS' REPORT. 



THE STAMFORD SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors haying less than 

$1,000 

2 Number of depositors having $1,000 and 

not over $2,000, .... 

3 Number of depositors having over $2, 000 

and not over $10,000, 

4 Number of depositors having over $10,000, 

5 
6 

7 



5,988 ; total amount, 

622 ; total amount, 

350 ; total amount, 
16 ; total amount, 



$1,482,064.21 

828,881.38 

1,247,287.06 
249,355.52 



6,971 ; total deposits, $3,802,588.17 
56,802.00 



Total nrtmber of depositors, . 
Largest amount due a single depositor, 

Number of accounts opened during the past year, 962 ; number 
closed, 770 ; increase, 192. 

8 Amount deposited, including interest credited, during the past 

year 

9 Amount withdrawn during the past year 

10 Amount of increase, 

11 Total of interest and profit and loss, and* rent ac- 

counts per last report 

12 Amount of income received during the year, 

1 3 Total expenses includin g salaries during the year, 

14 State tax during the year, 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, .... 

18 'Dividends, 2 per cent, paid Oct. 1, 1908; amount, 

2 per cent, paid Apl. 1, 1904; amount, 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent ac- 

counts per this report 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, . 
28 Loans on real estate — are they all first mortgages ? 

24 Largest amount loaned on mortgage to any one individual 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm 

company, society, or corporation, .... 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, July. 



$143,350.62 

192,135.24— 

11,506.21 

8,044.66 

268.91 

10,000.00 

1,461.82 

66,887.72 

68,423.06 



168,893.48— 



firm 
firm, 



794,284.91 
662,519.97 
181,764.94 



335,485.86 



835,485.86 



35,100.00 

Yes 

45,000.00 

40,000.00 

17,500.00 

.038 
1,925.42 



*8X per cent, per annum on excess of $1,000. 

Officers.— President, Geo. H. Hoyt; Treasurer, Franklin Miller; Directors 
or Trustees: William W. Skiddy, Franklin Miller, Stephen £. Reed, Albert G. 
Weed, Charles H. Lounsbury, Dwight Waugh, William H. Judd, Amos M. 
Brush, Marcien Jenckes. 



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BANK COMMISSIONERS* RI*OBT. 



303 



STATE SAVINGS BANK, HARTFORD. 

Milks W. Graves. Treasurer. Incorporated, 1858. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $2,125,715.87 

Loans on collateral sec'y, . 168,600.00 
Loans on personal sec'y only, 7, 100. 00 
Town, city, school district, 
and corporation bonds, . 
Railroad bonds, 
Bank stocks in Connecticut, 
Real estate by foreclosure, 
Banking house, 
Cash in banks, . 
Cash in vault, . 



LIABILITIES. 



Whole amount of deposits, $4,861,215.15 
Surplus account, . . 141,145.19 
Interest account, less cur- 
rent expenses, and taxes 
paid, .... 80,299.82 



Total Assets, 



225,000.00 

1,858,700.00 

263,190.00 

201,607.41 

34,000.00 
141,099.88 I 

12,647.05 

$5,082,659.66 Total Liabilities, 



$5,082,659.66 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA 
TION BONDS. 

City of Cincinnati, 
* •• Camden, 
" Colorado Springs, 
" Wilkesbarre, 
" Omaha, 



7^8, 1906, $ 
5s, 1908, 
4s, 1917, 
3*s, 1919, 
4*s, 1934, 



FAR 
VALUE. 



Totals, 



RAILROAD BONDS. 

Albany <fc Susquehanna, 6s, 1906, $ 

Ashland Coal & Iron Co., 4s, 1925, 

Balti more & Cumberland Valley, 6s, 1 981, 

Baltimore & Harrisburg, 5s, 1938, 

Potomac Valley, 5s, 1941, 

Buffalo, New York & Erie, 7s, 1916, 

Chicago «& Northwestern : — 

Cedar Rapids «& Mo. River, 7s, 1916, 

Madison Extension, 7s, 1911, 

Menominee " 7s, 1911, 

Chicago, Milwaukee & St. Paul :— 

Dubuque, 6s, 1920, 

Mineral Point, 5s, 1910, 

Southwestern. 6s, 1909, 

Chicago & Pacific, 6s, 1910, 



100,000.00 
23,000.00 
24,000.00 
58,000.00 
20,000.00 



225,000.00 



50,000.00 
10,000.00 
50,000.00 
5,000.00 
10,000.00 
125,000.00 

70,000.00 
54,000.00 
54,000.00 

20,000.00 
40,000.00, 
20,000.00. 
10.000.00 1 



BOOK 
VALUE. 



MARKET 
VALUE. 



100,000.00 
23,000.00 
24,000.00 
58,000.00 
20,000.00 



106,000.00 
24,250.00 
24,250.00 
58,000.00 
22,000.00 



225,000.00 234,500.00 



50,000.00 
10,000.00 
57,000.00 
5,500.00 
11,000.00 
148,750.00 

83,300.00 
61,500.00 
61,500.00 

22,000.00 
40,000.00 
20,500.00 
10,500.00 



53,500.00 
10,000.00 
65,500.00 
5,700.00 
11,900.00 
162,500.00 

91,700.00 
65,000.00 
65,000.00 

25,200.00 
42,600.00 
22,400.00 
11,250.00 



Digitized by 



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804 



BANK COMMISSIONERS' REPORT 



STATE SAVINGS BANK, HARTFORD.— Continued. 
INVESTMENTS. — Continued. 



DESCRIPTION. 



RAILROAD BONDS.— CONTINUED. 



Chicago, Milwaukee & St Paul :— 

Chicago & Pacific Western, 5s, 

Wisconsin & Minnesota, 5s, 

La Crosse & Davenport, 5s, 

Hastings & Dakota, 7s, 

Chicago & Eastern Illinois, 5s 

Chicago, Rock Island & Pacific, 
<< <c «< 

Chicago, St. L. & New Orleans, 

Cin., Hamilton & Dayton, 5s, 

Dayton & Michigan, 5s 

Chi., 8t. Paul, Minn. & Omaha, S^s, 

Delaware & Bound Brook, 7s, 

Evansville & Terre Haute, 5s, 

Fonda, Johnst'n & Gloversville, 6s, 

Joliet & Northern Indiana, 7s, 

Morris & Essex, 7s 

Minneapolis & St. Louis, 5s 

New York & Long Branch, 4s, 

Pittsburg, McKeesport & Y., 6s, 
P6re Marquette : — 

184 shares preferred stock, 
Detroit, Gr. Rap's & West'n, 
Iowa Falls & Sioux City, 
Oswego & Rome, 
Staten Island, 

St. Paul, Minn. & Manitoba, 6s 



4s 

4&; 

7s, 
7s, 
4*9, 



4*8, 

" Eastern of Minnesota, 5s, 
" Dakota, " 

" Willmtr & Sioux Falls, 5s, 
Terre Haute & Logansport, 



1921, $ 

1921, 

1919, 

1910, 

1937, 

1917, 

1988, 

1951, 

1941, 

1911, 

1930, 

1905, 

1930, 

1921, 

1907, 

1914, 

1934, 

1941, 

1932, 



1946, 
1917, 
1915, 

i, 1943, 
1933. 

, 1983, 
1908, 
1910. 
1938. 
1910, 



PAR 
VALUE. 



50,000.00 
18,000.00 
50,000.00 

5,000.00 
70,000.00 

8,000.00 
50,000.00 
136,000.00 
50,000.00 
25,000.00 
10,000.00 
20,000.00 
13,000.00 
10,000.00 
51,000.00 
30,000.00 
16,000.00 
50,000.00 
20,000.00 

18.400.00 
22,500.00 
64,000.00 
41,000.00 
100,000.00 
125,000.00 
22,000.00 
25,000.00 
50,000.00 
25,000.00 
15,000.00 



Totals, $1,707,900.00 



BANK STOCKS. 

88 shares ^Etna National, Hartford, $ 

440 " American 

40 " Charter Oak " 

140 «« City, 

270 " Conn. Tr. & S. D. Co., 

20 " Conn. River Banking Co., " 

253 €l First National, 

60 * ' Farmers & Mechanics Nat . , * € 

50 " National Exchange, 

85 " Hartford National, 

110 " Phoenix 

20 " State Bank, 



8,300.00 

22,000.00 

4,000.00 

14,000.00 

27,000.00 

600.00 

25,800.00 

5,000.00 

2,500.00 

8,500.00 

11,000.00 

2,000. 00| 



BOOK 
VALUE. 



MARKET 
VALUE. 



53,500.00 


58,500.00 


19,000.00 


20,900.00 


53,500.0i» 


57,500.00 


5,250.00 


5,900.00 


78,400.00 


84,000.00 


9,000.00 


10,000.00 


50,000.00 


52,500.00 


159,000.00 


170,000.00 


52.500.00 


57,500.00 


25,000.00 


26,500.00 


9,350.00 


9,400.00 


20,000.00 


20,600.00 


9,100.00 


13,000.00 


11,000.00 


12,400.00 


58,000.00 


55,000.00 


34,500.00 


39,000.00 


18,000.00 


18,800.00 


50,000.00 


51,000.00 


24,000.00 


26,800.00 


j. 21,000.00 


35,000.00 


77,000.00 


82,500.00 


47,000.00 


52,000.00 


100,000.00 


100,000.00 


157,500.00 


166,600.00 


23,000.00 


24.400.00 


25,000.00 


26,000.00 


53,000.00 


56,000.00 


28,000.00 


29,800.00 


11,550.00 


16,350.00 


1,858,700.00 


2,010,200.00 


10,865.00 


16,300.00 


28,400.00 


33,000.00 


4,000.00 


5,000 00 


14,000.00 


12,600.00 


36,400.00 


63,000.00 


600.m- 


1,150.00 


25,300.00 


35,600.00 


5,000.00 


6,250.00 


2,500.00 


3,125.00 


11,000.00 


11,500.00 


13,000 00 


13,200.00 


2,000.00 


2,800.00 



Digitized by 



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BANK COMMISSIONED' EEPOET. 



305 



STATE SAVINGS BANK, HARTFORD.— Continued. 
INVESTMENTS.— Cohtinttsd. 







PAR 


BOOK 


MARKET 


DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 


BANK STOCKS. — CONTINUED. 








350 shares Security Co. , 


Hartford, ( 


25,000.00 


81,250.00 


83,750.00 


80 •• Central National, 


Middletown, 


6,000.00 


6,800.00 


6,800.00 


10 " Citizens 


Waterbury, 


1,000.00 


1,200.00 


1,400.00 


65 " Waterbury «• 


" 


3,250.00 


4,875.00 


5,100.00 


40 " First 


Meriden, 


4,000.00 


5,000.00 


7,000.00 


67 •« Home 


ti 


6,700.00 


8,000.00 


8,900.00 


85 " New Britain 4 * 




3,500.00 


4,900.00 


5,950.00 


25 M First 


Litchfield, 


2,500.00 


2,500.00 


2,650.00 


60 " First 


Norwich, 


6,000.00 


6,000.00 


4,500.00 


250 " Thames 


«< 


25,000.00 


36,000.00 


41,500.00 


300 " New Haven County 


Nafl, '• 

. $ 


3,000.00 


8,600.00 
263,190.00 


4,800.00 


Totals, .... 


216,150.00 


325,775.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 7,756; total amount, (1,755,289.98 

2 Number of depositors having (1,000 and 

not over (2,000, .... 988; total amount, 1,296,471.84 
8 Number of depositors having over (2, 000 

and not over (10,000, . 506; total amount, 1,754,272.29 

4 Number of depositors having over (10,000, 5; total amount, 55,231.04 

5 Total number of depositors, . . . 9,250; total deposits, (4,861,215.15 
Largest amount due a single depositor, 13,038.12 

7 Number of accounts opened during the past year, 879; number 

closed, 955; decrease, 76. 

8 Amount deposited, including interest credited, during the past 

year, 969,662.88 

9 Amount withdrawn during the past year 992,658.98 

10 Amount of decrease, 22,996.05 

11 Total of interest and profit and loss, and rent ac- 

counts per last report (30,159.74 

12 Amount of income received during the year, 260,550.30— 290,710.04 

13 Total expenses, including salaries, during the year, 10,639.41 

14 State tax during the year, 8,092.02 

15 Town and city taxes and assessments paid, 8,675.95 

16 Net amount of premiums charged off, 48,084.46 

17 All other amounts charged off 6,090.38 

18 Dividends, If percent, paid Feb. 1, 1904; amount, 81,874.27 

If percent, paid Aug. 1, 1904; amount, 81,544.05 

19 Net amount carried to surplus, .... 20,410.18 

20 Total of interest and profit and loss and rent ac- 

counts per this report 30,299.32— 290,710.04 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 19,900.00 

Digitized by LjOOQ IC 



806 



BANK COMMISSIONERS' REPOKT. 



STATE SAVINGS BANK, HARTFORD.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 

28 Loans on real estate — are they all first mortgages ? . 

24 Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, . . 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, Third Wednesday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, Third Wednesday in July. 



Yes 

$28,850.00 

4,000.00 

58,850.00 



8,899, 



H$7 



Officers. — President, Samuel Taylor ; Treasurer, Miles W. Graves. 'Direct- 
ors or Trustees, Miles W. Graves, D. W. C. Skilton, Samuel Taylor, Charles E. 
Billings, Henry Roberts, Samuel M. Bronson, 8tanley B. Bosworth, Frederick W. 
Davis, John K. Wheeler, Arthur D. Coffin, Almeron N. Williams. 



Digitized by 



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BANK COMMISSIONERS 7 REPORT. 



807 



THE STONINGTON SAVINGS BANK. 



D. B. Spalding, Treasurer. 



Incorporated, 1850. 



STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . (198,855.07 

Loans on collateral security, 21 ,007. 24 
Loans on personal security 

only 4,647.00 

Railroad bonds, . 71,729.58 

Bank stocks in Connecticut, 78,645.00 

Real estate by foreclosure, 122,048.70 

Cash in banks, . 89,027.08 



Total Assets, 



$580,454.62 



LIABILITIES. 



Whole amount of deposits, $514,998.65 
Surplus account, . . 11,226.58 
Interest account, less cur- 
rent expenses, and taxes 
paid, .... 4,229.44 



Total Liabilities, 



$530,45462 



INVESTMENTS. 



DESCRIPTION. 






1 


PAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


RAILROAD BONDS. 






| 








Chicago, Milwaukee & St. Paul :- 
Chi. & Pacific Western Div., 
Mineral Point 
LaCrosse & Davenport 
Mineral Range, 
Potomac Valley, 


5s, 
5s, 
5s, 
5s, 
5s, 


1921, 
1910. 
1919, 
1981, 
1941, 


1 

*i 

' 1 


12,000.00 
15,000.00 
10,000.00 
30,000.00 
5,000.00 


11,729.58 
15,000.00 
10,000.00 
30,000.00 
5,000.00 


13,920.00 
15,900.00 
11,450.00 
80,600.00 
5,900.00 


Totals, .... 






* 


72,000.00 


71,729.58 


77,770.00 


BANK STOCKS. 














32 shares City Bank, Hartford, Conn., 
848 " First National, Stonington, *« 

50 " Uncas " Norwich, " 
150 «« First 

39 '« Thames 

89 " Merchants •• 


$ 


8,200.00 
34,800.00 

5,000.00 
15,000.00 

3.900.00 

3,900.00 


3,200.00 
40.677.00 

5,000.00 
15,000.00 

5.868.00 

8,900.00 


2,880.00 
41,760.00 

5,000.00 
13,500.00 

6,240.00 

4,290.00 


Totals, .... 






$ 


65,800.00 


73,645.00l 73,670.00 










Die 


itized by V^jC 


)OQk 



808 



BANK COMMISSIONERS' BEPOET. 



THE STONINGTON SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000 

2 Number of depositors having (1,000 and 

uot over $2,000, ..... 
8 Number of depositors having over $2,000 

and not over (10,000, .... 
4 Number of depositors having over $10,000, 

5 
6 

7 



9 
10 
11 
12 

13 
14 
15 
16 
17 
18 
19 
20 
21 
22 



24 
25 



27 



80 
81 



1,205; total amount, 

96; total amount, 

47; total amount, 
3; total amount, 



1,851; total deposits, 



Total number of depositors, 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 18 ; number 

closed, 14; decrease, 1. 
Amount deposited, including interest credited, during the past 

year, 

Amount withdrawn during the past year, 

Amount of decrease, 

' $4,842.67 



4,367.66 

82,433.44— 

2,908.01 



500.69 

1,520.24 



32,485.39 







4,229. 



Amount deducted from surplus account. 

Total of interest and profit and loss and rent ac- 
counts per last report, 

Amount of income received during the year, 

Total expenses, including salaries, during the year, 

State tax during the year 

Attorney's fees, 

Town and city taxes and assessments paid, . 

Net amount of premiums charged off, . 

All other amounts charged off, .... 

Dividends 

Amount carried to surplus 

Total of interest and profit and loss and rent ac- 
counts per this report, 

Amount of past-due paper at this time is 

Amount of assets yielding no income the past year, 

Loans on real estate — are they all first mortgages ? 

Largest amount loaned on mortgage to any one individual, firm, 

' company, society, or corporation, 

Largest amount of personal loan to any one individual, firm 
company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 
year, after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, June 28th. 

Date of annual meeting to elect President, Treasurer, and other 
oflicers, June 28th. 



$175,539.53 

138,920.02 

168,785.71 
36,753.39 

$514,998.65 
15,218.63 



2.00 
138,621.42 
138,619.42 



41,648.77 



41,643.77 



8,200.00 

Yes 

8,500.00 

1,000.00 

10,800.00 

.00914* 
1,116.06 



Officers. — President, Moses A. Pendleton ; Treasurer, Daniel B. Spalding; 
Directors or Trustees, Moses A. Pendleton, George E. Grinnell. Horace N. Pen- 
dleton. Daniel B. Spalding, Oscar F. Pendleton, George H. Robinson, James H. 
Stivers. 



Digitized by 



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BANK COMMISSIONERS' REPORT. 



809 



SUPPIELD SAVINGS BANK. 

Martin H. Smith, Treasurer. Incorporated, 1869. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . (191,140.00 

Loans on collateral security, 27, 61 5. 00 
Loans on personal security 

only, .... 80,348.65 
Town, city, and borough 

notes and orders, . 700.00 

Railroad bonds, . . 52,000.00 

Railroad stocks, . 450.00 

Bank stocks in Connecticut, 46,956.00 

Premium account, . 10,722.55 

Cash in banks, . . 3,501.22 



Total Assets, 



$363,433.42 



LIABILITIES. 



Whole amount of deposits, 

Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 



$832,761.40 
21,550.23 



9,121.79 



Total Liabilities, 



$363,433.42 



INVESTMENTS. 



DESCRIPTION. 






PAR 


BOOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 


SCHOOL DISTRICT NOTES AND 


ORDERS. 








School District No. — , 




• • * 


700.00 


700.00 


700.00 


RAILROAD STOCKS. 












Connecticut Western, 




. . $ 


450.00 


450.00 


450.00 


RAILROAD BONDS. 












Rome, Watertown & Ogdensburg, 


58, 


1922, $ 


5,000.00 


5,000.00 


5,900.00 


Chicago & Northwestern, 


6s, 


1929, 


8,000.00 


8,000.00 


3,390.00 


Cedar Rapids & Missouri River, 
Chicago, Rock Island & Pacific, 


7s, 


1916, 


5,000.00 


5,000.00 


6,250.00 


4s, 


1988, 


5,000.00 


5,000.00 


5,000.00 


Central of New Jersey, 


5s, 


1987, 


5,000.00 


5,000.00 


6,875.00 


St. Paul, Minn. & Manitoba, 


6s, 


1938, 


11,000.00 


11,000.00 


13,970.00 


Chicago & Eastern Illinois, 


6s, 


1981, 


2,000.00 


2,000.00 




<i K •« 


58, 


1987, 


5,000.00 


5,000.00 


■12,838.00 


it tt t€ 


6s, 


1984, 


8,000.00 


8,000.00 




Chicago & Indiana Coal, 


5s, 


1936, 


8,000.00 


8,000.00 


3,354.00 


Louisville & Nashville, 


4s, 


1940, 


5,000.00 


5,000.00 


6,000.00 


Totals, 


52,000.00 


52,000.00 


62,077.00 


BANK STOCKS. 












144 shares First National, Suffleld 


$ 


14,400.00 


14,400.00 


21,600.00 


40 " " " Hartford, 


4,400.00 


4,400.00 


5,104.00 


48 " City, 


<« 




4,800.00 


4,800.00 


4,800.00 



Digitized by 



Google 



810 



BANK COMMISSIONERS* REPOBT. 



SUPFIELD SAVINGS BANK.— Continued. 



INVESTMENTS.— Contihued. 









PAR 


BOOK 


MARKET 




DESCRIPTION. 


LNUED. 


VALUE. 


VALUE. 


VALUE. 




BANK STOCKS. — CONT 








17 shares Hartford Nat., 


Hartford, $ 


5,000.00 


5,000.00 


6,966.00 


9 ' 


' Mercantile 


4< 


81.00 


81.00 


81.00 


25 ' 


4 Phoenix 


(i 


4,500.00 


2,500.00 


8,075.00 


40 * 


' Conn. River, 


it 


1,200.00 


1,200.00 


1,800.00 


10 ' 


' Nat'l Exchange, 


it 


500.00 


500.00 


680.00 


15 ' 


1 American Nat., 


it 


750.00 


750.00 


1,170.00 


7 * 


' Merchants •' 


Norwich, 


700.00 


700.00 


756.00 


10 « 


• First 


Middletown, 


1,000.00 


1,000.00 


1,050.00 


17 ' 


* Middle town " 


»« 


1,125.00 


1,125.00 


1,650.00 


20 ' 


« First 


Thomaston, 


2,000.00 


2,000.00 


2,160.00 


25 ' 


1 Manufacturers " 


Waterbury, 


2,500.00 


2,500.00 


8,200.00 


50 ' 


Waterbury 


tt 


2,500.00 


2,500.00 


4,050.00 


10 • 


1 Southington " 


Southington, 


1,000.00 


1,000.00 


1,150.00 


25 ' 


' Torrington " 
>tals, .... 


Torrington, 

. $ 


2,500.00 


2,500.00 


2,500.00 


Tc 


46,956.00 


46,956.00 


61,792.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less. than 

(1,000, 954; total amount, $171,820.22 

2 Number of depositors having $1,000 and 

not over $2,000, ..... 79; total amount, 101,474.16 
8 Number of depositors having over $2,000 

and not over $10,000 21 ; total amount 59,467.02 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . 1,054; total deposits, $882,761.40 

6 Largest amount due a single depositor 5,011.72 

7 Number of accounts opened during the past year, 117; num- 

ber closed, 181; decrease, 14. 

8 Amount deposited, including interest credited, during the past 

year 75,274.56 

9 Amount withdrawn during the past year, . . . 80,985.62 

10 Amount of decrease, 5,711.06 

11 Total of interest and profit and loss and rent 

accounts per last report, .... $6,286.68 

12 Amount of income received during the year, 17,782.55— 28,969.28 
18 Total expenses including salaries during the year, 1,648.61 

14 State tax during the year, 570.09 

15 Town and city taxes and assessments paid, 

16 Net amount 6i premiums charged off, . 

17 All other amounts charged off, .... 59.24 

18 Dividends, 2 percent, paid Jan., 1904; amount, 6,240.10 

2 per cent, paid July, 1904; amount, 6,829.40 

19 Net amount carried to surplus 

20 Total of interest and profit and loss and rent ac- 

counts per this report, .... 9,121.79— 23,969.23 



Digitized by 



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BANK COMMISSIONERS' REPORT. 311 



SUPPIELD SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, 

23 Loans on real estate — are they all first mortgages ? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, $8,200.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 8,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 10,000.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, Wednesday after second Monday in July. 

30 Date of annual meeting to elect President, Treasurer, and other 

officers, Wednesday after second Monday in July. 

Officers.— President, Matthew T. Newton; Treasurer, Martin H. Smith; 
Directors or Trustees, Matthew T. Newton, Charles C. Bissell, Arthur Sikes, David 
L. Brockett, James O. Hoskins, George A. Harmon, Thaddeus H. Spencer, Frede- 
rick B. Hatheway, Arthur R. Leete, Dwight 8. Fuller, Martin H. Smith, Leavitt P. 
Bissell. 



Digitized by LjOOQIC 



312 



BANK COMMISSIONERS' REPORT. 



TERRYVILLE SAVINGS BANK. 
Jason C. Fekn, Treasurer. Incorporated, 1901. 

STATEMENT, OCTOBER 1, 1904. 



A88BT8. 

Loans on real estate, 
Loans on collateral sec'ty, 
Town, city, and borough 

notes and orders, . 
Bank stocks in Connecticut, 
Cash in banks, . 
Cash in vault, . 



Total Assets, 



LIABILITIES. 



134,895.42 Whole amount of deposits, $45,411.83 



380.00 

9,500.00 
540.00 
838.80 
496.05 



$46,645.27 



Surplus account, . 250.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 983.94 



Total Liabilities, 



. $46,645.27 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Plymouth $ 

BANK STOCKS. 

4 shares Yale National, $ 


9,500.00 
400.00 


9,500.00 
540.00 


9,500.00 
540.00 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 

$1,000 

2 Number of depositors having $1,000 and 

not over $2,000 

3 Number of depositors having over $2,000 

and not over $10,000, .... 

4 Number of depositors haying over $10,000, 



261; total amount, 

3; total amount, 

2; total amount, 
0; total amount, 



5 Total number of depositors, . . . 266; total deposits, 

6 Largest amount due a single depositor 

7 Number of accounts opened during the past year, 111; number 

closed, 41 ; increase, 70. 

8 Amount deposited, including interest credited, during the past 

year, 

9 Amount withdrawn during the past year 

10 Amount of increase 

11 Total of interest and profit and loss and rent ac- 

counts per last report, $619.17 

12 Amount of income received during the year, . 1,718.85 — 

13 Total expenses, including salaries,during the^year, 156.00 

14 State tax during the year, 1.00 

15 Town and city taxes and assessments paid, 



$38,146.70 

8,156.82 

4,108.31 


$45,411.33 
2,062.46 



85,101.85 
19,894.94 
15,206.91 



2,838.02 



Digitized by 



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BANK OOMHI88IONEBS' RKPOBT. 818 

TEBBYYILLE SAYINGS BANE.— Continued. 

MISCELLANEOUS ITEMS.— Cohtchubd. 

16 Net amount of premiums charged off, 

17 All other amounts charged off , 

18 Dividends, If perct. paid Feb., 1904 ; amount, $479.49 

If per ct. paid Aug., 1904 ; amount, 667.59 

19 Amount carried to surplus, 160.00 

90 Total of interest and profit and loss and rent ac- 
counts per this report 968.94— $2,888.03 

21 Amount of past-due paper at this time is , 

22 Amount of assets yielding no income the past year, . 
28 Loans on real estate — are they all first mortgages t . Yea 
24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 6,600.00 

26 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 880.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, January 25, 1904. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, January 25, 1904. 

Officers.— President, George C. Clark ; Vice-President, Andrew 8. Gaylord; 
Treasurer, Jason C. Fenn ; Directors or Trustees, Rollin J. Plumb, Frederick A. 
Scott, Richard Baldwin, Thomas F. Higgins, Edgar L. Pond, Henry E. Hinman. 



Bank— 21 

Digitized by LjOOQIC 



814 



BANK COMMISSIONERS 7 BEPOBT. 



THOMASTON SAVINGS BANK. 

Henry E. Stoughton, Treasurer. Incorporated, 1874. 

STATEMENT, OCTOBER 1, 1904. 



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

only, .... 
Town, city, and borough 

notes and orders, 
School district notes and 

orders 

Town, city, school district, 

and corporation bonds, . 
Bailroad bonds, 
Bank stocks in Connecticut, 
Cash in banks, . 
Cash in vault, . 

Total Assets, 



1611,285.00 
48,845.00 

7,748.00 

2,000.00 

19,809.25 

40.000.00 
45.000.00 
64,657.50 
14.226.98 
5,281.55 



1858.808.23 



LIABILITIES. 

Whole amount of deposits, $772,228.08 
Surplus account, 42,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid 44,575.90 



Total Liabilities, 



$858,808.28 



INVESTMENTS. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Plymouth orders $ 

SCHOOL DISTRICT NOTES AND ORDERS. 

First School District. Plymouth, Conn., $ 
Waterville School District, Waterville, '< 


2,000.00 

809.25 
19,000.00 


2,000.00 

(' 

809.25 
19,000.00 


2,000.00 

809.25 
19,000.00 


Totals, t 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

Town of Middletown, Conn., 4s, 1910, $ 
Naugatuck, " 4s, 1912, 

City of Minneapolis, Minn.. 4s, 1920, 

" Columbus. Ohio, 5s, 1920, 

Newark, N. J., 4s. 1922, 

Omaha, Neb., 5s, 1912, 


19,809.25 

5,000.00 
10.000.00 
5,000.00 
5.000.00 
5,000 00 
10,000.00 


19,809.25 

5.000 00 
10.000.00 
5.000 00 
5.000.00 
5,000.00 
10 000.00 


19,809.25 

5,200.00 
10,500.00 
5,250.00 
5.700.00 
5.250.00 
10.300.00 



Totals. 



ft 40,00000 40,000.0o' 42.200.00 



Digitized by 



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BANK COMMISSIONERS' BEPOBT. 



315 



THOMASTON SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



RAILROAD BONDS. 

Chicago, Milwaukee & St. Paul:— 

Dubuque DiYision, 6s, 1920, 

McKeesport & Belle Veraon, 6s, 1918, 

Chicago, Burlington & Quincy:— 

Iowa Division, 4s, 1919, 

Morris ft Essex, 7s, 1914, 

Montana Central, 6s, 1987, 

Chicago, Rock island ft Pacific, 4s, 1988, 



Totals, 



5 shares 


10 


** 


15 


a 


40 


a 


10 


tt 


20 


*t 


15 


•« 


18 


«« 


50 


•« 


105 


tt 


80 


tt 


100 


t* 


85 


tt 


40 


tt 


85 


a 


12 


a 


11 


tt 


40 


n 


9 


tt 


25 


a 


18 


tt 


88 


n 


11 


a 


16 


a 


80 


•t 



BANK STOCKS. 

Middlesex Co. Nat'l, Middletown, $ 

First 

Birmingham " Derby, 

Uncas " Norwich, 

Merchants 

National Exchange, Hartford, 

Hartford National, 

Phcenix 

Fourth " Waterbury, 

Waterbury 

Citizens 

Manufacturers •• " 

City Bank, Hartford, 

Bristol National, Bristol, 



Merchants 

Second 

Yale 

City 

First 

First 

First 

Southington 

New Britain 

Home 

Union 



New Haven, 



Danbury, 
Rock v ill e, 
Wallingford, 
Portland, 
South iDgton, 
New Britain, 
Meriden, 
New London, 



Totals, $ 



PAB 

VALUE. 



6,000.00 
5,000.00 

9,000.00 

5,000.00 

10,000.00 

10,000.00 



45,000.00 



500.00 
1,000.00 
1,500.00 
4,000.00 
1,000.00 
1,000.00 
1,500.00 
1,800.00 
5,000.00 
5,250.00 
8.000.00 
10,000.00 
8,500.00 
4,000.00 
1,750.00 
1,200.00 
1,100.00 
4,000.00 
900 00 
2,500.00 
1,300.00 
3,800 00 
1,100.00 
1,600.00 
8,000.00 



64,800.00 



BOOK 
VALUE. 



6,000.00 
5,000.00 

9,000.00 

6,000.00 

10,000.00 

10,000.00 



45,000.00 



500.00 
1,000.00 
1,500.00 
4,000.00 
1,000.00 
1,000.00 
1,500.00 
1,800.00 
5,000 00 
5.250.00 
8,000.00 
10.000.00 
8,500.00 
4,000 00 
1,612.50 
1,200.00 
1,100.00 
4,000.00 

900.00 
2,500.00 
1.295.00 
3,300.00 
1,100.00 
1,600.00 
3,000.00 



64,657.50 



MARKET 
VALUE. 



6,700.00 

5,600.00 

9,200.00 

6.000.00 

12,500.00 

10,200.00 



60,200.00 



500.00 
1,100.00 
2,400.00 
4,000.00 
1,000.00 
1,800.00 
2,000 00 
2,250.00 
6,500.00 
8,200.00 
8,600.00 
13,000.00 
8,500.00 
6,500 00 
1,900.00 
2,000.00 
1,400.00 
4,800.00 

950.00 
8,100.00 
1,850.00 
3.400 00 
1,650.00 
1,800.00 
3,100.00 



80,800.00 



Digitized by 



Google 



816 



BANK COMMISSIONED' BEFOBT. 



THOM ASTON SAVINGS BANK— Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors haying less than 

$1.000 1,988; total amount, 

2 Number of depositors haying (1,000 and 

not over $2,000 160; total amount, 

8 Number of depositors haying oyer $2,000 

and not oyer $10,000 56; total amount, 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . . 2,204; total deposits, 

6 Largest amount due a single depositor, 

7 Number of accounts opened during the past year, 281 ; number 

closed, 246; increase. 86. 

8 Amount deposited, including interest credited, during the 

past year 

9 Amount withdrawn during the past year, 

10 Amount of increase 

11 Total of interest and profit and loss and rent 

accounts per last report, 

12 Amount of income received during the year, 
18 Total expenses including salaries during the 

year 

14 State tax during the year, 

16 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 Dividends : 2 per ct. paid Jan. 1, 1004 ; amount, 

2 per ct. paid July 1, 1004 ; amount, 

19 Net amount carried to surplus, .... 

20 Total of inte/est and profit and loss and rent 

accounts per this report 

21 Amount of past due paper at this time is . 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages ? 

24 Largest amount loaned on morrgage to any one individual, firm, 

company, society, or corporation, 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation 

Per cent, per annum of income on foreclosed real estate the 



27 

28 
29 

80 



$887,510.67 

217,555.85 

167,162.00 


$772,228.03 
8,078.84 



219.594.81 

198.196.5S 

26,898.28 



$89,901.52 
41,855.48— 

8,561 15 

1,542.67 







14,892.96 

14,685.12 

8,000.00 

44,575.20- 



past year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, last Wednesday in July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, last Wednesday in July. 



81,757.00 



81,757.00 





Tes 

25,000.00 

1,100.00 

8,000.00 






Officeks.— President, John H. Wood ; Treasurer, Henry E. Stoughton ; Di- 
rectors or Trustees, John H. Wood, G. A. 8toughton, R. T. Andrews, Willis G. 
French. L. D. Eenea, E. C. Stoughton, Henry A. Welton, H. E. Stoughton, F.W. 
Etheridge. 



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BANK COMMISSIONERS' EEPOET. 



81T 



THOMPSON SAVINGS BANK OP PUTNAM. 

Florenus E. Clark, Treasurer. Incorporated, 1871. 

STATEMENT, OCTOBER 1, 1904. 



A88JBT8. 

Loam on real estate, . $9,905.00 

Loans on collateral sec'y, . 641.86 

Loans on pers'l sec'y only, 850.00 
Town, city, and borough 

notes and orders, . 2,598.81 

Railroad bonds, . 15,000 00 

Real estate by foreclosure, 62,822.52 

Banking house, . 5,000.0<> 

Gash Id banks, . 8.402.69 

Cash in vault, . 4,711.16 



Total Assets, 



$94,916.54 



LIABILITIES. 

Whole amount of deposits, $82,070.83 

Profit and loss account, . 11,032.96 

Kent account, . 1,818.26 



Total Liabilities, 



$94,916.64 



INVESTMENTS. 



DESCRIPTION. 


PAR 
VALUE. 


BOOK 

VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Tacoma City Warrants $ 

RAILROAD BONDS. 

Chicago, Milwaukee & 8t. Paul : — 
Chicago & Missouri River Div., 5s, 1926, $ 


2,598.81 
15,000.00 


2,698.81 
15,000.00 


2,598.81 
18,000.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 1,521 ; total amount, $79,955.01 

2 Number of depositors having $1,000 and 

not over $2,000, .... 2; total amount, 2,115.81 
8 Number of depositors having over $2,000 

and not over $10,000, ... 0; total amount, 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . . 1,528 ; total deposits, $82,070.82 

6 Largest amount due a single depositor 1,118.69 

7 Number of accounts opened during the past year, 10 ; number 

closed, 9 ; increase. 1 ; account transfer. 

8 Amount deposited, including interest credited, during the past 

year 

9 Amount withdrawn during the past year, 113,025.48 

10 Amount of decrease 113,025.48 

11 Total of interest and profit and loss and rent 

accounts per last report $12,481.65 

12 Amount of income received during the year, 4,991.39— 17,478.04 

Digitized by LjOOQ IC 



818 



BA2J K COMMISSIONERS 7 BEPOBT. 



THOMPSON SAVINGS BANK OF PUTNAM.— Continued. 



MISCELLANEOUS ITEMS.— CoirrnrOTD. 



$1,841.69 

40.18 

8,245.00 



12,846.22— 



18 Total expenses, including salaries, during the year, 

14 State tax during the year, .... 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 Dividends 

10 Net amount carried to surplus, . 

20 Total of interest and profit and loss and rent 

accounts per this report, 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages T . 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net Income from foreclosed real estate the past year, 
20 Date of annual meeting of Incorporators to elect Trustees or 

Directors, last Tuesday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, last Tuesday in July. 



$17,478.04 



2,508.81 

Yea 

8,500.00 

500.00 

500.00 

.085 
1,484.00 



Officers. — President, Oscar Tourtellotte ; Treasurer, Florenus E. Clark; 
Directors or Trustees, Thomas Hutchinson, John M. Cunningham, Henry Paradis, 
Oscar Tourtellotte, L. P. Lamoureux, George H. Nichols, David Chase. O. O. Chase, 
Ernest M. Arnold, Marvin D. Elliott, William B. Chandler, Florenus fi. Clark. 



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BANK OOMMISSIOirBBS' BEPOBT. 



319 



TORRINQTON SAVINGS BANK. 

Isaac W. Brooks, Treasurer. Incorporated, 1868. 

STATEMENT, OCTOBER 1, 1904. 



ASSBT8. 




LIABILITIES. 


Loans on real estate, . 


$566,050.00 


Whole amount of deposits, $1,868,525.57 


Loans on collateral security, 


2,000.00 


Surplus account, . 41,080.67 


Loans on personal security 




Interest account, less cur- 


only 


89.450.00 


rent expenses, and taxes 


Town, city, and borough 




paid 15,277.65 


notes and orders, . 


157,200 00 




United States bonds, 


20,000.00 




State bonds, 


20,000.00 




Town, city, school district, 






and corporation bonds, . 


816.000.00 




Railroad bonds, 


210,000.00 




Bank stocks in Connecticut, 


14,525 00 




Premium account, 


14,100 00 




Ca»h in banks, . 


57,100.76 




Cash in vault, . 


8.408 18 




Total Assets, . . $1,424,888.89 


Total Liabilities, . $1,424,888.89 



INVESTMENTS. 



DESCRIPTION. 



UNITED STATES BONDS. 

Twos of 1980, $| 20,000.00| 20,000.00 

STATE BONDS. 

Massachusetts, 8*s, 1928, $1 20,000.00) 20,000.00 



town, crrr, and borough notes and orders. 

Town of Torrington $ 

•• Thomaston, 

Borough of Torrington, 

Winsted, 



Totals, $ 

town, crrr, school district, and oobp. bonds. 



Town of Bristol, 
Meriden, 
" Naugatuck, 

New Britain, 
" Stamford, 
" Thomaston, 



Conn., 



4s, 1927, $ 

8*s, 1917, 

4s, 1912, 

8*8, 1929, 

4s, 1927, 

4s, 1904, 



PAR 
VALUE. 



81,000.00 
15,000.00 
51,200 00 
10,000.00 



157,200.00 



10,000.00 
10,000 00 
10.000.00 
10,000.00 
10,000.00 
85,000.00 



BOOK 
VALUE. 



81,000 00 
15,000.00 
51,200.00 
10,000.00 



157,200.00 



10,000.00 
10,000.00 
10,000.00 
10,000.00 
10,000.00 
85,000.00 



MARKET 
VALUE. 



20,950.00 



20,850.00 



81.000.00 
15.000 00 
51,200 00 
10,000.00 



157,200.00 



10,600.00 
10,000.00 
10.200.00 
10,000.00 
10.600.00 
85,000.00 



Digitized by 



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320 



BANK COMMISSIONERS' REPORT. 



TORRINGTON SAVINGS BANK.— Oomtinubd. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



PAR 
VALUE. 



BOOK 
VALUE. 



MARKET 
VALUE. 



TOWN, CITY, 80HOOL DISTRICT, AND 
BONDS.— CONTINUED. 

Borough of Torrington, Conn., 

City of Ansonia, 

" Meriden, 

New Haven, •« 

•< <« a 

New London, " 
New Haven School District, Conn. 
First School Dist., Hartford, " 
South «• 

Center " " Waterbury, " 

City of Chicago, Illinois, 
* Boston, Mass., 



Cleveland, Ohio, 
Providence, R. I., 



CORPORATION 



4s, 
4e, 
4s, 
4s, 

8*s, 

8*8, 
, 4s, 
4s. 
8*8, 
4s, 

48. 

ft 

8*8, 

3*s, 
8*8, 

4s, 
5s, 
8s, 



1924, 
1915, 
1905, 
1913, 
1912, 
1931, 
1909, 
1927, 
1942, 
1927, 
1917, 
1911, 
1915, 
1919. 
1922, 
1928, 
1921, 
1906, 
1927, 



Totals, 



RAILROAD BONDS, 



Boston & Albany, 
Chicago, Rock Island & Pacific, 
Chicago & Eastern Illinois, 
Chicago, Milwaukee & St. Paul, 

Chi. & Pacific, Western Div., 
Cleveland & Pittsburg, 
Harlem River & Port Chester, 
Illinois Central, 1st, 
New London Northern, 
New York, New Haven & Hartford, 4s, 

tt tt (I tt Aa 

New England, 7s, 

New York Central & Hudson River, 3*8, 
Old Colony, 4s, 



8*8, 

4s, 

6s, 

4s, 

6s, 

8*s, 

4s, 

4s, 

4s, 



Totals, 



BANE STOCKS. 

28 shares First National, Litchfield, 

31 " Hurlbut " Winnted, . 

25 " Thomaston " Thomaston, 



80,000 00 
10.000.00 
18.000.00 
80,000 00 
10,000.00 
10.000.00 
5.000 00 
10.000 00 
10.000.00 

10,000.00 

10,000.00 
10.000 00 
10,000 00 
10.000.00 
20,000.00 
10,000.00 
10.000.00 
8,000.00 
10,000.00 



80,000.00 
10.000.00 
13.000 00 
80,000 00 
10,000.00 
10,000 00 

5,000.00 
10,000 00 
10,000.00 
10,000 00 
10,000.00 
10,000.00 
10,000.00 
10.000.o0 
20.000.00 
10,000 00 
10.000.00 

8,000.00 
10,000.00 



81.200.00 
10,200 00 
13,000.00 
31.200.00 
10,000.00 
10,000.00 
5,100.00 
10.600.00 
10,000.00 
10,600.00 
10,300.00 
10.300.00 
10,450.00 
10.000.00 
20,000.00 
10,000 00 
10,400.00 
8,000.00 
9,500.00 



$ 316,000.00 



1952, 
1988, 
1937, 
1989, 
1921, 
1950, 
1911, 
1951, 
1910, 
1914, 
1947, 
1905, 
1997, 
1924, 



20,000.00 
80,000.00 
10.000.00 
10.000.00 
10,000.00 
10.000 00 
15,000.00 
20,000.00 
15,000.00 
20.000.00 
20,000 00 
10,000.00 
10.000 00 
10,000.00 



816,000.00 



20,000 00 
80,000.00 
10,000.00 
10,000 00 
10.000 00 
10,000.00 
15,000.00 
20,000.00 
15.000.00 
20.000 00 
20,000 00 
10,000 00 
10,000.00 
10,000.00 



322,250.00 



20.000.00 
81,125.00 
12,000 00 
10,950 00 
11,650.00 
9,600 00 
15.3*0.00 
22 600.00 
15,450.00 
20,700.00 
21.500.00 
10,100.00 
10,000.00 
10,450.00 



$ 210,000.00 



2,800.00 
8,100.00 
2,500.001 



210,000.00 



2,800.00 
4,650.00 
2,500.00 



221,475 00 



2,800.00 
4,650.00 
2,500.00 



Digitized by 



Google 



BANE COMME9SIONEB8' KEPOBT. 



821 



TORMNGTON SAVINGS BANK.— Continubd. 



INVESTMENTS.— Continubd. 



DESCRIPTION. 


FAB 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


BANK STOCKS. — CONTINUED. 

15 share* Brooks National, Torrington, . $ 
20 " Waterburv " Water bury, . 
12 " National Iron. Falls Village, . 


1500 00 
1.000 00 
1,200.00 


1.875.00 
1.500.00 
1,200.00 


2,250.00 
1.500.00 
1,200.00 


Totals $ 


12,100.00 


14,525.00 


14,900.00 



MISCELLANEOUS ITEMS. 



1 Number of depositors having less than 



$1,000. 



2 Number of depositors having $1,000 and 

not over $2,000, 

3 Number of depositors having over $2,000 

and not over $10.000 

4 Number of depositors having over $10,000, 

5 

7 



. 4,071 ; total amount, 



248; total amount, 

75; total amount, 
1; total amount, 



4,895; total deposits, 



Total number of depositors, 
Largest amount due a single depositor, 

Number of accounts opened during the past year, 721 ; num- 
ber closed, 695; increase. 26. 

8 Amount deposited, including interest credited, during the past 

year 

9 Amount withdrawn during the past year, 

10 Amount of increase 

11 Total of interest and profit and loss, and rent ac 

counts per last report 

12 Amount of income received during the year, 
18 Total expenses, including salaries, during the 

year, *...... 

14 State tax during the year, .... 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, 

17 All other amounts charged off, . 

18 Dividends: 1} per ct. paid Jan. 1, 1904; amount, 

If per ct. paid July 1, 1904; amount, 

19 Net amount carried to surplus, ... 

20 Total of interest and profit and loss and rent ac- 

counts per this report, . 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages ? . 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 



$771,852.48 

825,882.81 

260,009.84 
10,781.44 

$1,868,525.57 
10,781.44 



849,581.04 

825,901.22 

28,679.82 



$11,692.04 
59,850.25— 

4.600.21 

8,251.66 



792.78 



22.082.14 

22.875.78 

8.162.07 

15,277.65— 



71,542.29 



Digitized by 



71,542.29 


Yet 

15,000.00 

80,000.00 

2,000.00 

Google 



822 bark commissioners' beport. 



TORRINGTON SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.- Continued. 

87 Per cent per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 

88 Net income from foreclosed real estate during the past year, . 
80 Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Monday in July. * 

80 Date of annual meeting to elect President, Treasurer, and other 
officers, second Monday in July. 

Officehs. — President, Charles F. Brooker; Treasurer, Isaac W. Brooks ; Di- 
rectors or Trustees, Isaac W. Brooks, Charles If. Brooker, Charles L. McNeil, 
Edward T. Coe, Luther G. Turner, John N. Brooks, George B. Alvord. 



Digitized by LjOOQIC 



BANK COMMISSIONERS' BEPORT. 



328- 



UNION SAVINGS BANK, DANBURY. 

Carroll D. Ryder, Treasurer. Incorporated, 1866. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, $649,184.00 

Loans on collateral security, 6,860.00 
Loans on personal security 

only, .... 5,110.00 
Town, city, and borough 

notes and orders, . . 16,000.00 
School district notes and 

orders, .... 9,765.00 
Town, city, school district, 

and corporation bonds, . 129,000.00 

Railroad bonds, 720.580 00 

Railroad stocks, 4,209.00 

Bank stocks in Connecticut, 27,800.00 

Bank stocks in other states, 8,520.00 

Real estate by foreclosure, 108,804 00 

Banking house, 25,000.00 
Insurance and taxes ad- 
vanced on real estate 

mortgaged, . 481 66 

Premium account, . 99,277.00 

Cash in banks, . 29.028.01 

Cash in vault, . 8,421.84 



Total Assets, • 



$1,887,480.51 



LIABILITIES. 

Whole amount of deposits, $1,723,241.18 
8urplus account, . 50,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 64,289.88 



Total Liabilities, . $1,837,480.51 



INVESTMENTS. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK 
VALUE. 


MARKET 
VALUE. 


TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

City of Danbury, Conn., $ 

Town of Bethel, "..... 


15,000.00 
1,000.00 


15,000.00 

1,000.00 


15,000.00 
1,000.00 


Totals, $ 

SCHOOL DISTRICT NOTES AND ORDERS. 

Center District $ 

Beaver Brook District, . . . . 


16,000.00 

9,000.00 
765.00 


16,000.00 

9.000.00 
765.00 


16,000.00 

9,000.00 
765.00 


Totals, $ 

RAILROAD STOCKS. 

Pere Marquette, preferred, . • . $ 


9,765.00 
6,100.00 


9,765.00 
4,209.00 


9,765.00 
4,209.00 



Digitized by 



Google 



«24 



BASK OOUMiaSIOmCBS' EBPOBT. 



UNION SAVINGS BANK, D ANBURY.— Continued. 
INVESTMENTS.— Coutdjubd. 









FAB 


BOOK 


MARKET 


DESCRIPTION. 






VALUE. 


TALUS. 


VALUE. 


TOWN, CITY, SCHOOL DISTRICT, AND COM 


'. BONDS. 








Canton, Ohio, 


4*8, 


1912, 1 


5,000.00 


5,000.00 


5,850.00 


Kansas City, Ran., 


6s. 


1906, 


4,000.00 


4.000.00 


4,200.00 


(4 44 


6s, 


1907, 


6,000 00 


6,000.00 


6,420.00 


Killiogly, Conn., 


Sis, 


1920, 


14,000.00 


14,000.00 


14,000.00 


Los Angeles, Cal., 


4s, 


1908, 


8,000.00 


8,000.00 


8.080.00 


«< *" 44 


4s, 


1913, 


2,000.00 


2,000 00 


2,040.00 


(i << 


4s, 


1918, 


8.500.00 


3,500.00 


8,596.00 


«< *t 


4s, 


1928, 


1,500.00 


1.500.00 


1,549.00 


Muskegon, Mich., 


5s, 


1907, 


5,000 00 


5,000.00 


5,187.00 


Omaha, Neb., 


4*s, 


1984, 


5,000.00 


5.000.00 


5,450.00 


Paterson, N. J., 


4*8, 


1909, 


5.000.00 


5.000.00 


5,162.00 


Portland, Ore., 


5s, 


1925, 


5,000.00 


5,000.00 


5.800 00 


44 44 


5s, 


1923, 


5,000.00 


5,000.00 


5,700.00 


Pueblo, Col., 
Sioux City, Iowa, 


44s, 


1918, 


15.000.00 


15.000 00 


15,975.00 


4*8, 


1915, 


10,000 00 


10 000.00 


10,450.00 


Spokane, Wash., 
Topeka, Ran., 


5s, 


1914, 


10,000.00 


10.000.00 


10,800.00 


5s, 


1918, 


10,000.00 


10,000.00 


10,700 00 


Woonsocket, R. I., 


3*8, 

• • 


1931, 
. 1 


20,000.00 


20,000.00 


20,000.00 


Totals, . 


129,000.00 


129,000.00 


135,409.00 


RAILROAD BONDS. 








• 




Ashland Coal & Iron, 


4s, 


1925, | 


10.000.00 


10,000.00 


10,500.00 


Buffalo & Susquehanna, 


4s, 


1951, 


25.000.00 


24,855.00 


24,750 00 


Burlington, C. Rapids & Northern, 5s, 


1934, 


10,000.00 


10,000.00 


11,950.00 


Central of New Jersey, reg., 
Chicago & Eastern Illinois :— 
1st Mortgage, 


5s, 


1987, 


15,000.00 


15,000.00 


19,950.00 










- 


6s, 


1907, 


5,000.00 


5,000 00 


5,875.00 


Consol. Mortgage, 


5s, 


1937, 


80,000 00 


80,000.00 


86,000.00 


Chicago & Indiana Coal, 


5s, 


1936, 


15,000.00 


15,000 00 


17.812.00 


Chicago, Rock Island & Pacific, 


4s, 


1968, 


40,000.00 


40,000.00 


41,900.00 


Chicago, Milwaukee &8t. Paul :■ 












Chicago & Lake Superior, 
Chicago & Pacific Western, 


5s, 


1921, 


10,000.00 


10,000.00 


11.625.00 


6s, 


1921, 


25,000.00 


25,000.00 


29,062.00 


Dakota & Great Southern, 


5s, 


1916, 


10.000.00 


10,000.00 


11,200 00 


Hastings & Dakota, 


7s, 


1910, 


5,000.00 


5,000 00 


5.812 00 


Terminal Mortgage, 


5s, 


1914, 


10,000.00 


10,000.00 


11,100 00 


Wisconsin Valley Div., 


6s, 


1920, 


1,000 00 


1,000.00 


1,265.00 


Wisconsin Valley, 


7s, 


1909. 


5,000.00 


5,000.00 


5,625.00 


Chicago & Northwestern : — 












Chic, St. Paul, Minn. & Omaha, 6s, 


1980, 


20.000.00 


20,000.00 


27,000.00 


«« 41 4< 4< 


8*8, 


1930, 


80,000.00 


28.175.00 


28.200.00 


Menominee Extension, 


7s, 


1911, 


12,000 00 


12,000.00 


14,280.00 


Madison " 


7s, 


1911, 


12,000 00 


12,000.00 


14,400.00 


Elgin, Joliet & Eastern, 


5s, 


1941, 


25,000 00 


25,000.00 


29,125.00 


Erie :— 












Buffalo, New York & Erie, 


7s, 


1916, 


9,000.00 


9,000.00 


11,272.00 


Elmira State Line, 


7s, 


1905, 


1,500.00 


1,500.00 


1.537.00 



Digitized by 



Google 



BANK COMMISSIONERS' BEPOBT. 



825 



UNION SAVINGS BANK, DANBURY.— Continued. 
MISCELLANEOUS ITEMS.— Cohtikued. 



DBBCBIPTION. 




PAR 


BOOK 


MARKET 






TALUK. 


VALUE. 


VALUE. 


railroad bonds. — continued. 








Evansville & Terre Haute :— 










Mt. Vernon Branch, 


6s, 1928, $ 


8,000.00 


8,000.00 


8,800.00 


Sullivan Co. " 


5s, 1980, 


80,000.00 


80,000.00 


80,800 00 


Genesee & Wyoming, 


5s, 1984, 


10,000.00 


10,000.00 


10,950.00 


Illinois Central : — 










Chicago, St. Louis & New Orleans,5s, 1051, 


10,000.00 


10,000.00 


12,650.00 


Louisville Division, 


8|s, 1958, 


5,000.00 


4,950.00 


4,800.00 


Michigan Central :— 










Detroit & Bay City, reg. f 


6s, 1981, 


10,000.00 


10,000.00 


12,200.00 


Mineral Range, 
Minneapolis & St. Louis, 


5s, 1981, 


10,000.00 


10,000.00 


10,200.00 


5s, 1984, 


20,000.00 


20,000.00 


28,600.00 


Missouri Pacific :— 










8t. L., Iron Mt. & 8o.,R. AG. Div 


.,4s, 1983, 


10,000.00 


9,800.00 


9,600.00 


New York, New Haven & Hartford 










Harlem & Portchester Div., 


4s, 1954, 


25,000.00 


25.000.00 


27,750.00 


Peoria & Pekin Union, 


6s, 1921, 


10,000.00 


10,000.00 


12,400.00 


Pgre Marquette : — 










Detroit, Grand Rapids & West'n, 


4s, 1946, 


7,600.00 


7,500.00 


7,850.00 


Pittsburg & Lske Erie :— 










Pittsburg, McKeesp't & Tough., 


6s, 1982, 


20,000 00 


20,000.00 


27,400.00 


McKeeeport & Belle Vernon, 
Sunbury, Hazelton & Wilkesbarre, 
8t. Paul, Minn. & Manitoba :— 


6s, 1918, 


5,000 00 


5,000 00 


6,000.00 


6s, 1928, 


6,800.00 


6,800.00 


7,310.00 










1st Mortgage, 
Consol. ** 


6s, 1909, 


5,000.00 


5,000.00 


5.462.00 


6s, 1988, 


80,000.00 


80,000.00 


40,850.00 


if << 


4*8, 1988, 


10,000 00 


10,000 00 


11,000.00 


Dakota Extension, 


6s, 1910, 


25,000.00 


25,000.00 


28,125.00 


Eastern of Minn., Northern Div., 


4s, 1948, 


25,000.00 


25,000.00 


26,250.00 


Montana Central, 


6s, 1987, 


20,000.00 


20,000.00 


26,800.00 


i« «< 


5s, 1937, 


15,000.00 


15,000.00 


17.700.00 


Montana Extension, 


4s, 1987, 


10,000.00 


10,000.00 


10,850 00 


Willmar & Sioux Falls, 


5s, 1988, 


5,000.00 


5,000.00 


6,050.00 


Terminal Ass'n of St. Louis, 


4s, 1958, 


10,000.00 


9,950.00 


10,100.00 


Western Maryland :— 










Balto. & Cumberl'd Valley Ex., 


6s, 1931, 


20,000.00 


20.000.00 


26,000.00 


Baltimore & Harrisburg, 


5s, 1936, 


16,000.00 


16,000.00 


18,560.00 


Potomac Valley, 


5s, 1941, 
. . .* 


20,000.00 


20,000 00 


28,400.00 


Totals 


723,800.00 


720,580.00 


851,197.00 


BANK STOCKS. 










180 shares City National, Danbury, $ 


13,000.00 


13,000.00 


18,660 00 


90 '• Danbury 
8 " National of Norwalk, Nc 


i< 


9,000.00 


9,000.00 


9,450.00 


>rwalk, 


300.00 


800 00 


800.00 


60 " City National, 8o 
22 " Citizens Central Nat, Nc 


. Norwalk, 


5,000.00 


5,000.00 


8.750.00 


m York, 


2,200.00 


8,520.00 


3,800.00 


Totals, .... 


29,500.00 


30,820.00 


85,450.00 



Digitized by 



— >ogle 



826 BANK commissioned' eepobt. 



UNION SAVINGS BANK, D ANBURY— Continued. 

MISCELLANEOUS ITEMS. 

1 Number of depositors haying less than 

$1.000 4,944; total amount, (887,064.17 

2 Number of depositors having $1,000 and 

not over $2,000 860; total amount, 478,010.86 

8 Number of depositors having over $2,000 

and not over $10,000, .... 120; total amount, 857,266.10 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . . . 5,424; total deposits, $1,728,241.18 

6 Largest amount due a single depositor, 10,000.00 

7 Number of accounts opened during the past year, 927; number 

closed, 758; increase, 174. 

8 Amount deposited, including interest credited, during the past 

year, 466,931.97 

9 Amount withdrawn during the past year, 849,914.52 

10 Amount of increase, 117,017.45 

11 Total of interest and profit and loss and rent 

accounts per last report, .... $62,954 16 

12 Amount of income received during the year, . 89,027.66— 151,981.82 

13 Total expenses including salaries during the year, 

including real estate expenses and improve- 
ments, 13,889 82 

14 State tax during the year 1,572.53 

15 Town and city taxes and assessments paid, . 2,290.06 

16 Net amount of premiums charged off, . 5,560.00 

17 All other amounts charged off 10,71193 

18 'Dividends, 1} percent, paid Oct. 1, 1908; amount, 26,565.48 

1} per cent, paid Apr. 1, 1904; amount, 27,644.62 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent 

accounts per this report ; 64,239.88— 151,981.82 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 17,750.00 
28 Loans on real estate— are they all first mortgages ? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 21,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 1,000.00 

26 Largest amount of collateral loan to any one individual, firm, . 

company, society, or corporation, 6,800.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . . 

28 Net income from foreclosed real estate during the past year, . 40.15 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Thursday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, second Thursday in July. 

Officers. —President, S. C. Holley ; Treasurer, Carroll D. Ryder ; Directors 
or Trustees, John H. Fanton, Geo. E. Chichester, Luman L. Hub bell, Edward 8. 
Fairchild, Thomas C. Millard, Howard B. Scott, Frederick M. Thompson, Henry 
Bernd, Qeo. B. Fairchild. 



•8 per cent, per annum on excess of $8,000. 



Digitized by LjOOQIC 



BAJffX COMMISSIONED 7 BEPOET. 



827 



WATERBURY SAVINGS BANK. 

F. J. Kingsbury, Treasurer. Incorporated, 1850. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 


Loans on real estate, . . i 


(1,832,872 00 


Whole amount of deposits, $5,898,495.70 


Loans on collateral sec'y, . 


592,424.11 


Surplus account, . 150,000.00 


Loans on personal security 




Profit and loss account, . 28,568.66 


only, .... 


810,525.00 


Rent account, . . • 418.51 


School district notes and 






orders, .... 


150.00 




United States bonds, 


1,000.00 




Town, city, school district, 






and corporation bonds, . 
Railroad bonds, 


821,000.00 




1,984,098.00 




Railroad stocks, 


11,000 00 




Bank stocks in Connecticut, 


152,850 00 




Real estate by foreclosure, 


85,668.81 




Banking house, 


89,560.74 




Insurance and taxes advanc- 






ed on real estate mort- 




- 


gaged, .... 


1,714.76 




Premium account, . 


189,465.41 




Oyer and short account, . 


8,626 76 




Cash in banks, . 


157,582.78 
15,572,477.87 




Total Assets, 


Total Liabilities, . $5,572,477.87 



INVESTMENTS. 



DESCRIPTION. 


PAR 

VALUE. 


BOOK 
VALUE. 


MARKET 

VALUE. 


United States Bonds, $ 


1,000.00 


1,000.00 


1,060.00 


SCHOOL DISTBICT NOTES AND ORDERS. 








* 


150.00 


150.00 


150.00 


RAILROAD STOCKS. 








New York, New Haren & Hartford, . , $ 


11,000.00 


11,000.00 


20,900.00 


TOWN, CITY, SCHOOL DISTBICT, AND CORPORA- 








TION BONDS. 








Hartford First District, 4s, 1927, $ 

Kansas City, Kansas, 5s, 1917, 
5s, 1918, 
5s, 1928, 

Toledo, 8*s, 1927, 
•• gi« 1930 

Watexbury Center District, 4s, 1904^-1910, 


25,000.00 
6,000.00 
25,000.00 
15,000.00 
5,000.00 
45,000.00 
60,000.00 


25,000.00 
6,000.00 
25.000.00 
15,000.00 
5,000.00 
45,000.00 
60,000.00 


26,250.00 
6,660.00 
27,500.00 
17.650.00 
5,100.00 
45,900.00 
61,200.00 



Digitized by 



Google 



828 



BA2TK COMMISSIONERS' REPORT. 



WATERBUBT SAVINGS BANK.— Continued. 
INVESTMENTS.— Coktinued. 



DBBCBIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA 
TIOM BONDS.— CONTINUED. 

Waterbury Sewer, 4s, 1906-1909, $ 

Center District, 4s, 1989-1941, 

8*s, 1912-1918, 

Court House, 4s, 1904-1918, 

Water, 8*s, 1910-1919, 

New Britain, 8*s, 1920, 



Totals, 

RAILROAD BONDS. 

Chicago, Milwaukee A St. Paul, 
•• •« «« 

Chicago, Rock Island A Pacific, 
Chicago A Eastern Illinois, 

«« il 41 

Chicago A Indiana Coal, 
Chicago, St. L. A New Orleans, 
Chicago, St. P., Minn. A Omaha, 
Chicago A West. Indiana, 
Chesapeake A Ohio, % 
Burl., Cedar Rapids A Northern, 
Buffalo A Susquehanna, 
Clearfield A Mahoning, 
Central New Jersey, 
Evansville A Terns Haute, 
Eastern R. R., Minnesota, 
Genesee A Wyoming, 
Mil.. Lake Shore A Western, 
Montana Central, 

f< 14 

Minn. A 8t. Louis, 
i« «< 

New York A Long Branch, 
Illinois Central, 
Pittsburg A McEeesport, 
Peoria A Pekin, 
Peoria A Northwestern, 
St. Paul, Minn. A Manitoba, 



Staten Island, 

Sioux City A Pacific, 

Terre Haute A Indiana, 

Willmar A Sioux Falls, 

Burl. Cedar Rapids A Northern, 



4s, 
5s, 
4s, 

08, 

6s, 
5s, 
Sis, 
6s, 

? 8 ' 
4*s, 

6s, 

4s, 

6s, 

6s, 

6s, 

4s, 

4s, 

6s, 

6s, 

5«, 

4s, 

4s, 

4s, 

Sis, 

6s, 

6s, 

8|s, 

6s. 

4is, 

4s, 

4is, 

Sis, 

6s, 

6s, 

6s, 



$ 821,000.00 



1989, 
1921, 
1988, 
1987, 
1984, 
1986, 
19.->1, 
1980, 
1982, 
1992, 
1906, 
1951, 
1948, 
1987, 
1928, 
1948, 
1929, 
1924, 
1987, 
1987, 
1949, 
1949, 
1941, 
1951, 
1982, 
1921, 
1926, 
1988, 
1988, 
1987, 
1948, 
1986, 



1988, 
1984, 



Totals, 



PAR 
VALUE. 



25,000.00 
80,000.00 
20,000.00 
80,000 00 
10,000.00 
25,000.00 



15,000.00 

10,000.00 

120,000.00 

280,000.00 

40,000.00 

100,000.00 

25,000.00 

25,000.00 

25.000.00 

8,000.00 

15,000.00 

40,000.00 

25,000.00 

15,000 00 

11,000.00 

100,000.00 

25,000.00 

10,000.00 

160,000.00 

75,000.00 

105,000.00 

25.000 00 

25.000.00 

50,000.00 

8,000.00 

50,000.00 

25,000.00 

150.000.00 

120.000.00 

128,000.00 

42,000.00 

25,000.00 

50,000.00 

45,000.00 

20,000.00 



BOOK 
VALUR. 



25,000.00 
80,000.00 
20.000 00 
80.000.00 
10,000.00 
25,000.00 



821,000.00 



15,000.00 

10,000.00 

120,000.00 

280,000.00 

40,000.00 

100.000.00 

25,000.00 

25,000.00 

25,000.00 

8.000.00 

15,000.00 

88,968.00 

25,000.00 

15,000 00 

11,000.00 

100,000.00 

25.000 00 

10,000 00 

160,000.00 

75,000 00 

105,000.00 

24,000 00 

25.000.00 

50,000.00 

8,000.00 

50,000.00 

24,562.50 

150,000.00 

120,000.00 

128,000.00 

42,000.00 

24,562.50 

50,000.00 

45,000.00 

20,000.00 



MARKET 
VALUR. 



25,000.00 
82,100.00 
20,400.00 
80,600.00 
10,000.00 
25,500.00 



884,260.00 



15,900.00 

11,400.00 

126,000.00 

271,000.00 

58,200.00 

118,000.00 

25,000.00 

88,750.00 

28,000.00 

8,150.00 

15,800.00 

88,968.00 

28,600.00 

20,100.00 

11,660.00 

100,000.00 

26,000.00 

18,100.00 

224,000.00 

88,500.00 

105,000.00 

24.000.00 

26,500 00 

51.500.00 

11,040.00 

59,500.00 

24,562.50 

202,500.00 

184.400.00 

185,120.00 

42.000.00 

24,662.50 

52,000.00 

55,800.00 

24,400.00 



* 1,987,000.00 1,984,098.002,229,418.00 

Digitized by LjOOQIC 



BANK COMMISSIONERS' KEPORT. 



829 



WATERBURY SAVINGS BANK.— Continued. 

' INVESTMENTS.— Continued. 



DESCRIPTION. 





BANK STOCKS. 




698 shares Citizens National 


, Waterbury, $ 


855 ' 


' Waterbury 


II 


1 1 


50 ' 


* Fourth 


i< 


«i 


20 • 


' Manufacturers 


ii 


i« 


30 • 


• First 


if 


Portland, 


92 ' 


' City 


ii 


Danbury, 


64 ' 


• First 


ii 


Litchfield, 


40 • 


1 §4 


ii 


Meriden, 


50 ' 


' Merchants 


ii 


New Haven, 


100 ' 


• First 


1 1 


Middletown, 


14 ' 


4 Birmingham 


ii 




11 • 


' New Britain 


1 1 




26 ' 


' Danbury 


ii 




4 « 


• Hartford 


i< 




50 ' 


' Thomaston 


«* 




80 ' 


' ^Etna 


*' 




11 ' 


1 Middlesex 


(i 




56 ' 


' First 


if 


Norwich, 


25 ' 


• Fairfield Co. 


if 





Totals, 



PAR 
VALUE. 



BOOK 
VALUE. 



69,800.00 


69,800.00 


17,750.00 


17,750.00 


5,000.00 


5,000.00 


2,000.00 


2,000.00 


8,000.00 


3,000.00 


9,200.00 


9,200.00 


6,400.00 


6,400.00 


4,000.00 


4,000.00 


2,500.00 


2,500.00 


10,000*00 


10,000.00 


1,400.00 


1,400.00 


1,100.00 


1,100.00 


2,600.00 


2,600.00 


400.00 


400.00 


5,000.00 


5,000.00 


3,000.00 


8,000.00 


1,100.00 


1,100.00 


5,600.00 


5,600.00 


2,500.00 


2,500.00 


152,860.00 


152,850.00 



MARKET 
VALUE. 



90,740.00 

28,400.00 
7,000.00 
2,400.00 
3,800.00 
9,880.00 
6,400.00 
7,000.00 
2,500.00 

10,000.00 
1,960.00 
1,760.00 
2,600.00 
520.00 
5,500.00 
4,200.00 
1,820.00 
5,600.00 
2,500.00 



196,580.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 8,664; total amount, $2,498,959.81 

2 Number of depositors having $1,000 and 

not over $2,000 788 ; total amount, 1,061,927.74 

3 Number of depositors having over $2,000 

and not over $10,000, . 488 ; total amount, 1,744,221.04 

4 Number of depositors having over $10,000, 7; total amount, 98,887.11 

5 Total number of depositors, . . 9,942 ; total deposits, $5,893,495.70 

6 Largest amount due a single depositor, 16,989.74 

7 Number of accounts opened during the past year, 1,460; num- 

ber closed, 1,200; increase, 260. 

8 Amount deposited, including interest credited, during the past 

year, 1,260,288.91 

9 Amount withdrawn during the past year, 1,056,184.78 

10 Amount of increase 204,154.13 

11 Total of interest and profit and loss and rent 

accounts per last report, .... $81,990.87 

12 Amount of income received during the year, 255,881.62— 287,871.99 
18 Total expenses including salaries during the year, 12,959.21 

14 State tax during the year 11,188.89 

15 Town and city taxes and assessments paid, 1,052.45 

16 Net amount of premiums charged off, 80,000.00 

17 All other amounts charged off , .... 2,875.00 

Bank— 22 

Digitized by LjOOQIC 



330 



BAHTK COMMISSIONED' REPORT. 



WATERBURY SAVINGS BANK. — Continued. 



MISCELLANEOUS ITEM8.— Contihtjed. 



18 

19 
20 

21 



24 



26 

27 

28 
29 

80 



$99,868.59 

100,950.68 





28,982.17- 



Dividends, 2 per cent, paid Feb. 1, 1904; amount, 
2 per cent, paid Aug. 1, 1904; amount, 
Net amount carried to surplus, .... 
Total of interest and profit and loss and rent 

accounts per this report, .... 
Amount of past-due paper at this time is . 
Amount of assets yielding no income the past year, 
Loans on real estate — are they all first mortgages ? 
Largest amount loaned on mortgage to anyone individual, firm, 

company, society, or corporation, ..... 
Largest amount of personal loan to any one individual, firm 

company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm 

company, society, or corporation 

Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Wednesday in June. 
Date of annual meeting to elect President, Treasurer, and other 

officers, second Wednesday in June. 



$287,871.99 



100.00 

Yes 

68,500.00 

195,000.00 

108,500.00 

5i* 
1,905.86 



Officers.— President, E. L. Frisbie ; Treasurer, F. J. Kingsbury; Directors 
or Trustees, J. M. Burrall, F. L. Curtis, E. L. Frisbie, E. T. Root, N. J. Welton, 
F. J. Kingsbury, Charles E. Laub, James S. Elton, George E. Terry. 



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BANK COMMISSIONERS REPORT. 



831 



WATERTOWN SAVINGS BANK. 

George H. Stoughton, Treasurer. Incorporated, 1894. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . 
Loans on personal security 

only, .... 
School district notes and 

orders 

Cash in banks, . 
Cash in vault, . 

Total Assets, 



$149,394.60 

14,890.00 

745.00 

89,699.41 

156.63 



$254,885.64 



LIABILITIES. 

Whole amount of deposits, $249,538. 84 

Interest account, less cur- 
rent expenses, and taxes 
paid 4,847.30 



Total Liabilities, 



$254,385.64 



INVESTMENTS. 



DESCRIPTION. 
SCHOOL DISTRICT NOTES AND ORDERS. 

South School District, Watertown, Conn., 



PAR 


BOOK 


VALUE. 


VALUE. 


745.00 

1 


745.00 



MARKET 
VALUE. 



745.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1.000, 994; total amount, $148,508.42 

2 Number of depositors having $1,000 and 

not over $2,000, 47; total amount, 60,788.92 

8 Number of depositors having over $2,000 

and not over $10,000 16; total amount, 40,296.00 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . . 1,057; total deposits, $249,588.34 

6 Largest amount due a single depositor, . 8,154.56 

7 Number of accounts opeoed during the past year, 29; number 

closed, 81; decrease, 52. 

8 Amount deposited, including interest credited, during the past 

year, 17,716.98 

9 Amount withdrawn during the past year, 28,026.88 

10 Amount of decrease, 10,309.95 

10£ Amount deducted from surplus account since 

last report, $9,000.00 

11 Total of interest and profit and loss and rent 

accounts per last report, .... 925.34 

12 Amount of income received during the year, 13,562.07— 23,487.41 

13 Total expenses including salaries during the year, 1,958.87 

14 State tax during the year, . . . 499.91 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, . 

17 All other amounts charged off, . . . 16.1S1.83 

Digitized by LjOOQIC 



332 



BANK COMMISSIONERS* REPORT. 



WATERTOWN SAVINGS BANK. —Continued. 



MISCELLANEOUS ITEMS.— Continued. 



24 



27 



29 
30 



$4,847.80— 



firm, 
firm, 



18 Dividends 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent 

accounts per this report 

21 Amount of past-due paper at this time is . 

22 Amount of assets yielding no income the past year, 
28 Loans on real estate — are they all first mortgages ? 

Largest amount loaned on mortgage to any one individual, 

company, society, or corporation, 
Largest amount of personal loan to any one individual, 

company, society, or corporation, 
Largest amount of collateral loan to any one individual, 
IP company, society, or corporation, 
Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the pa6t year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, third "Wednesday in January. 
Date of annual meeting to elect President, Treasurer, and other 

officers, third Wednesday in January. 



firm 



$28,487.41 

6,600.00 



Yes 

15,000.00 

2,500.00 



Officers.— President, Charles B. Mattoon; Treasurer, George H. Stoughton; 
Directors or Trustees, G. H. Powell, Henry T-. Dayton, Thomas Shields, Wm. H. 
Smith, Wm. J. Manson, Bennett C. Atwood, A. H. Scoville, H. H. Heminway, 
S. McLean Buckingham, Horace D. Taft, Charles W. Jackson, Charles B. Mattoon. 



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BANK COMMISSIONERS* REPORT. 



338 



WESTPORT SAVINGS BANK. 

B. L. Woodworth, Treasurer. Incorporated, 1800. 

8TATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . 
Town, city, and borough 

notes and orders, 
Town, city, school district, 

and corporation bonds, 
Railroad bonds, . 
Bank stocks in Connecticut, 
Bank stocks in other states ! 
Cash in banks, . 
Cash in vault, 



Total Assets, 



$54,410.00 

19,000.00 

18,000.00 

54,700.00 

5,600.00 

10,488.00 

5,452.33 

8,291.00 



$170,941.38 



LIABILITIES. 

Whole amount of deposits, 

Surplus account, 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 

Profit and loss account, 



Total Liabilities, 



$158,420.26 
5,000.00 



2,409.72 
5,111.35 



. $170,941.33 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Westport, Conn. , notes, . . $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORF. BONDS. 

City of Chicago, 111., 4s, 1921, $ 



St. Paul, Minn., 
Omaha, Neb., 
Paterson, N. J., 



4s, 1920, 
5s, 1912, 
4s, 1910, 



Totals, 



RAILROAD BONDS. 



Albany & Susquehanna, 6s, 

Burlington, Ced. Rap. & Northern, 5s, 
Chicago, Burlington & Quincy, (7s 

1903, extended to July 1, 1905), 
Illinois Central, 
Chicago, Milwaukee & St. Paul:— 

8o. Minn. Div., 1st mtge., 
New York & New England, 
«« «< 

Terre Haute & Indianapolis, 



4s, 



7s, 
6s, 
5s, 



New York, New Haven & Hartford, 4s, 



1906, $ 
1906, 

1905, 
1951, 

1910, 
1905, 
1905, 
1925, 
1914, 



Totals, 



PAR 
VALUE. 



19,000.00 



5,000.00 
8,000.00 
5,000.00 
5,000.00 



18,000.00 



10,000.00 
5,000.00 

10,000.00 
5,000.00 

5,000.00 
5,000.00 
4,000.00 
5,000.00 
5,000.00 



54,000.00 



BOOK 

VALUE. 



19,000.00 



5,000.00 
8,000.00 
5,000.00 
5,000.00 



18,000.00 



10,400.00 
5,000.00 

10,000.00 
5,000.00 

5,800.00 
5,000.00 
4,000.00 
5,000.00 
5,000.00 



MARKS 
VALUE. 



19,000.00 



5,200.00 
3,120.00 
6,200.00 
5,200.00 



18,720.00 



10,200.00 
5,150.00 

10,000.00 
5,500.00 

5,450.00 
5,150.00 
4,080.00 
5,000.00 
5,100.00 



54,700.00| 55,630.00 



Digitized by 



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384 



BANK OOMMISSIONEBS' EEPOET. 



WESTPORT SAVINGS BANK.— Continued. 



INVESTMENTS.— Contikukd. 





DESCRIPTION. 


j PAR 
1 VALUE. 


BOOK 
VALUE. 

1,900.00 

8,700.00 
1.500.00 
5,000.00 
2,500.00 
1,488.00 

16,088.00 


MARKET 

VALUE. 


19 £ 

87 
15 
50 
15 
12 


BANK STOCKS. 

ibares Windham Nat., Willimantic, Ct., 

First Nat., Westport Ct., 
*' American Exchange Nat., New York 

Fourth Nat., 

National Park, 
" National Bank of Commerce, " 

Totals, 


$ 


1,900.00 
8,700.00 
1,500.00 
5,000.00 
1,500.00 
1,200.00 


2,090.00 
4,255.00 
8,300.00 
11,000.00 
7,125.00 
2.580.00 




14,800.00 


30,350.00 



9 

10 
11 

12 
13 
14 
15 
16 
17 
18 

19 
20 

21 
22 
23 
24 



MISCELLANEOUS ITEMS. 

Number of depositors having less than 

$1,000 629; total amount, $94,089.63 

Number of depositors having $1,000 and 

not over $2,000, 15; total amount, 19,675.78 

Number of depositors having over $2,000 

and not over $10,000 10; total amount, 84,209.97 

Number of depositors having over $10,000, 1 ; total amount, 10,444.88 

Total number of depositors, .655; total deposits, $158,420.26 

Largest amount due a single depositor, 10,444.88 

Number of accounts opened during the past year, 70; number 

closed, 62; increase, 8. 
Amount deposited, including interest credited, during the past 

year, ^ . 27,794.53 

Amount withdrawn during the past year, 17,902.91 

Amount of increase, 9,891.62 

Total of interest and profit and loss and rent 

accounts per last report, .... $7,571.09 

Amount of income received during the year, 8,420.42— 15,991.51 

Total expenses, including salaries, during the year, • 970.67 

State tax during the year, 231.54 

Town and city taxes and assessments paid, . 

Net amount of premiums charged off, 854.99 

All other amounts charged off, ... 

Dividends, 2 per cent, paid January 1904; amount, 2,905.89 
2 per cent, paid July 1904; amount, 3,007.35 
Net amount carried to surplus, . . . 500.00 

Total of interest and profit and loss and rent 

accounts per this report 7,521.07— 15,991.51 

Amount of past-due paper at this time is 

Amount of assets yielding no income the past year, . 4,150.00 

Loans on real estate — are they all first mortgages ? . Yes 

Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 8,000.00 



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BANK commissioners' bepobt. 885 



WESTPORT SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

26 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, . 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors,' July 8, 1904. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, July 8, lw)4. 

Officers.— President, George 8. Adams; Treasurer, B. L. Woodworth; 
Directors. or Trustees, George S. Adams, William Edgar Nash, B. L. Woodworth, 
W. E. Osborne, William H. Marvin, James E. Hubbell, Rufus Wakeman, F. M. 
Salmon, D. B. Bradley, Jr. 



Digitized by LjOOQIC 



886 



BANK COMMISSIONERS' BHPORT. 



THE WEST SIDE SAVINGS BANK, WATERBURY. 

Burton Q. Bryan, Treasurer. Incorporated, 1889. 

8TATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . 

Loans on collateral sec'y, 

Loans on personal security 
only 

Town, city, and borough 
notes and orders, . 

School district notes and 
orders, .... 

Railroad bonds, 

Real estate by foreclosure, 

Insurance and taxes ad- 
vanced on real estate, 
mortgaged, . 

Cash in banks, 

Total Assets, . 



1372,440.00 
42,600.00 

60,884.00 

8,700.00 

9,950.00 

105,000.00 

5,186.45 



5.40 
17,475.16 



1617,191.01 



LIABILITIES. 

Whole amount of deposits, 

Surplus account, 

Profit and loss account, . 



Total Liabilities, 



$601 ,870.70 
7,000.00 
8,820.81 



1617,191.01 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Southbury, Conn., . . $ 

SCHOOL DISTRICT NOTES AND ORDERS. 

Town Plat School District, .... 
Center " " Waterlown, 

Bucks ffill " " .... 



Totals, 



RAILROAD BONDS. 

Chi., Rock Island & Pacific, gen., 4s, '1988, $ 

Chicago & Eastern Illinois, 5s, 1987, 

Genesee & Wyoming, 5s, 1929, 

Louisville & Nashville, unified, 4s, 1940, 

Minneapolis & St. Louis, ' 4s, 1949, 

Montana Central, 6s, 1987, 

St. Paul, Minneapolis & Manitoba, 4s, 1937, 



Totals, 



PAR 

VALUE. 



BOOK 
VALUE. 



8,700.00 



9,800.00 
600.00 
150.00 



8,700.00 



9,800.00 
500.00 
150.00 



MARKET 
VALUE. 



8,700.00 



9,300.00 
500.00 
150.00 



9,950.00 



20,000.00 
5,000.00 

io.ooo.ool 

25,000.00: 

25,000.00, 

15,000.00 

5,000.00! 



9,950.00 


9,950.00 


20,000.00 


20,500.00 


5,000.00 


5,900.00 


10,000.00 


10,600.00 


25,000.00 


25,000.00 


25,000.00 


23,500.00 


15,000.00 


19,500.00 


5,000.00 


5,000.00 


105,000.00 


110,000.00 



Digitized by 



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BANK COMMISSIONED* EEPOET. 



837 



THE WEST SIDE SAVINGS BANK, WATERBURY, 

Continued. 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 1,648 ; total amount, 

2 Number of depositors having $1,000 and 

not over $2,000, , . 154 ; total amount, 
8 Number of depositors having over $2,000 

and not over $10,000, . 32 ; total amount, 

4 Number of depositors having over $10,000, ; total amount, 

5 
6 

7 



9 
10 
11 

12 
18 
14 
15 
16 
17 
18 

19 
20 

21 



24 
25 



27 
28 

29 



1,834 ; total deposits, 



$327,180.51 

187,465.22 

87,224.97 


1*601,870.70 
4,436.16 



296,004.86 
221,125.64 

74,879.22 

$9,789.24 

28,425.60- 38,164.84 

1,640.71 

1,256.76 


4,281.25 
148.24 

9,838.77 
10,678.80 

2,000.00 



8,820.31— 



Total number of depositors, . 

Largest amount due a single depositor, 

Number of accounts opened during the past year, 499 ; number 
closed, 262 ; increase, 237. 

Amount deposited, including interest credited, during the past 
year, 

Amount withdrawn during the past year, 

Amount of increase, 

Total of interest and profit and loss and rent ac- 
counts per last report, 

Amount of income received during the year, 

Total expenses, including salaries, during the year, 

State tax during the year, 

Town and city taxes and assessments paid, 

Net amount of premiums charged off, 

All other amounts charged off 

Dividends, 2 per cent, paid Jan. 2, 1904; amount, 
2 per cent, paid July 1, 1904; amount, 

Net amount carried to surplus, .... 

Total of interest and profit and loss and rent ac- 
counts per this report 

Amount of past-due paper at this time is . 

Amount of assets yielding no income the past year, 

Loans on real estate — are they all first mortgages ? 

Largest amount loaned on mortgage to any one individual, firm, 
company, society, or corporation, 

Largest amount of personal loan to any one individual, firm 
company, society, or corporation, . 

Largest amount of collateral loan to any one individual, firm, 
company, society, or corporation 

Per cent, per annum of income on foreclosed real estate the past 
year after deducting all items chargeable thereto, 

Net income from foreclosed real estate during the past year, 
none ; sold with bond for deed. 

Date of annual meeting of Incorporators to elect Trustees or 
Directors, Third Wednesday in October. 
30 Date of annual meeting to elect President, Treasurer, and other 
officer*, Third Wednesday in October. 

Officers.— President, J. R. Smith; Treasurer, Burton G. Bryan; Directors 
or Trustees, Lewis A. Piatt, Nathaniel R. Bronson, Cornelius Tracy, George H. 
Cowell. Alexander H. Limont, John Henderson, Jr., H. W. Lake, Chris. Strobel, 
M. Guilfoile, Thomas Kelly. 



38,164.84 





Yes 

29,700.00 

15,000.00 

20,000.00 





Digitized by 



Google 



888 



BANK COJtMISSIONEBS EEPOKT. 



WILLIMANTIC SAVINGS INSTITUTE. 

Noah D. Webster, Treasurer. Incorporated, 1842. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . $223,845.00 

Loans on collateral security, 20,682. 53 
Loans on personal security 

only, .... 15,698.00 
Town, city, and borough 

notes and orders, . 1,000.00 
Town, city, school district, 

and corporation bonds, . 14,948.00 

Railroad bonds, 31,000.00 

Railroad stocks, . 200.00 

Bank stocks in Connecticut, 22,700.00 

Insurance stock, . 2,100.00 

Real estate by foreclosure, 25,175.00 

Banking house, . 27,000.00 

Premium account, . 15,254.63 

Cash in banks, . . 10,110.69 

Cash in vault, . . 6,783.78 



Total Assets, 



$416,897.63 



LIABILITIES. 

Whole amount of deposits, 

Surplus account, 

Profit and loss account, . 



Total Liabilities, 



1893,426.57 

21,000.00 

1,971.06 



$416,397.63 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITT, AND BO BOUGH NOTES AND ORDEBS. 



Windham town order, 



RAILROAD STOCKS. 

N. Y., N. H. & Hartford R. R. Co., . 

INSURANCE STOCKS. 

JEtna Insurance Co., Hartford, . 
Phamix •• " 



Totals, 



City of Anderson, Ind., 
,r Richmond, " 
" Lincoln, Neb., 



PAR 
VALUE. 



TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

6s, 1904, $; 

6s, 1905, 

6s, 1904, I 



1,000.00 



BOOK 
VALUE. 



1,000.00 



200.00 200.00 



l.ioo.oo; 1,100.00 
1,000.00' 1,000.00 



2,100.00 2,100.00 



2,298.00 2,298.00 

950.00 950.00 

1,300.00, 1,300.00 



MARKET 
VALUE. 



1,000.00 



890.00 



3,855.00 
2.480.00 



5,835.00 



2,298.00 

970.00 

1,300.00 



Digitized by 



Google 



BANK COMMISSIONERS' REPORT. 



8S9 



WILLIMANTIC SAVINGS INSTITUTE.— Continued. 



INVESTMENTS.— Continued. 



DESCRIPTION. 



PAR 

VALUE. 



BOOK 
VALUE. 



MARKET 
VALUE. 



TOWN, CITY, SCHOOL DISTRICT, AND CORPORA- 
TION BONDS. — CONTINUED. 

City of South Bend, Ind., 6s, 1905, $ 

Superior, Wis., 6s, 1910-11, 



Totals, 



RAILROAD BONDS. 



8unb'y, Hazleton & Wilksbarre, 5s, 1928, $ 
Evansville &Terre Haute:— 

Sullivan Co. Branch, 5s, 1930, 



Totals, 



BANK STOCKS. 



93 shares Windham National, 



12 

36 

6 

60 



Merchants " Norwich, 

First 4 * " 

Thames 

Nat. Bk. of Commerce, New London, 

iBtna National, Hartford, 



Totals, 



400.00 400.00' 408.00 
10,000.00 10,000.00i 10,000.00 



14,948.00' 14,948.00j 14,976.00 



4,000.00 
27,000.00 



31,000.00 



9,300.00 
1,200.00 
3,600.00 
600.00 
6,000.00 
2,000.00 



4,000.00j 4,240.00 
27,000.001 28,350.00 



31,000.00, 32.690.00 



9,300.00 
1,200.00 
3,600.00 
600.00 
6,000.00 
2,000.00 



12,900.00 
1,440.00 
8,600.00 
960.00 
8,700.00 
3,900.00 



22.700.00 22,700.001 31,500.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 1,792; total amount, $292,399.58 

2 Number of depositors having $1,000 and 

not over $2,000, 38; total amount, 51,663.72 

3 Number of depositors having over $2,000 

and not over $10,000, 18; total amount, 49,868.27 

4 Number of depositors having over $10,000, 0; total amount, 

5 Total number of depositors, . . 1,848; total deposits, $3tt3,42t>.57 

6 Largest amount due a single depositor, 5,195.04 

7 Number of accounts opened during the past year, 220 ; num- 

ber closed, 241 ; decrease, 21. 

8 Amount deposited, including Interest credited, during the past 

year, 98,353.66 

9 Amount withdrawn during the past year, 106,963.27 

10 Amount of decrease, 8,609.61 

11 Total of interest and profit and loss and rent 

accounts per last report $605.40 

12 Amount of income received during the year, 17,418.31— 18,023.71 

Digitized by LjOOQIC 



840 



BANK COMMISSIONERS* REPORT. 



13 
14 
15 
16 
17 
18 

19 
20 

21 
22 
23 
24 

25 

26 

27 



29 
80 



WILLIMANTIC SAVINGS INSTITUTE.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 



12,450.91 

114.38 

681.45 





6,488.68 

6,367.23 





1,971.06— 



Total expenses, including salaries, during the year, 

State tax during the year 

Town and city taxes and assessments paid, 
Net amount of premiums charged off, 
All other amounts charged off, .... 
Dividends : 1£ per ct., paid Apr.l, 1904; amount, 
If per ct., paid Oct. 1, 1904; amount, 
Net amount carried to surplus, .... 
Total of interest and profit and loss and rent 

accounts per this report 

Amount of past-due paper at this time is . 

Amount of assets yielding no income the past year, 

Loans dh real estate — are they all first mortgages ? 

Largest amount loaned on mortgage to any one individual, firm 

company, society, or corporation, 

Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Monday in June. 
Date of annual meeting to elect President, Treasurer, and other 

officers, third Monday in June. 



$18,028.71 



16,250.00 

Yes 

27,500.00 

1,200.00 

5,000.00 



Officers. — President, M. Eugene Lincoln ; Treasurer, Noah D. Webster ; 
Directors or Trustees, Prank F. Webb, Samuel L. Burlingham, Prank Larrabee, 
Charles A. Capen, Jeremiah O'Sullivan, Hormisdas Dion. 



Digitized by 



Google 



BANK COMMISSIONED' EEPOET. 



841 



WINDHAM COUNTY SAVINGS BANK, DANIELSON. 

C. C. Young, Treasurer. Incorporated, 1864. 

STATEMENT, OCTOBER 1, 1904. 



ASSETS. 




LIABILITIES. 




Loans on real estate, 


1361,555.00 


Whole amount of deposits, 


$715,217.74 


Loans on collateral security, 


82,458.73 


Surplus account, 


7,000.00 


Loans on personal security 




Interest account, less cur- 




only, .... 


84,050.00 


rent expenses, and taxes 




Town, city, and borough 




Paid 


10,030.66 


notes and orders, . 


10,500.00 






Town, city, school district, 








and corporation bonds, . 


89,755.00 






Railroad bonds, 


165,175.00 






Bank stocks in Connecticut, 


8,940.00 






Real estate by foreclosure, 


60,000.00 






Banking house, 


16,850.00 






Insurance and taxes ad- 








vanced on real estate 








mortgaged, . 


948.74 






Cash in banks, . 


83,881.41 






Cash in vault, . 


18.684.52 
$732,248.40 


Total Liabilities, 




Total Assets, 


$782,248.40 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITT, AND BOROUGH NOTES AND ORDERS. 

Town of Sterling, $ 

Borough of Damelson, 

Totals, $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

City of Colorado Springs, Col., 4s, 1917,$ 

" " *' " 4s 1918 

" Duluth, Minn., 6s) 1908^ 

" New Albany, Ind., 5s, 1908, 

" St. Paul, Minn., 4*8, 1919, 

" Tacoma, Wash., 5s, 1919, 

Topeka Water Company bonds, 5s, , 



Totals, 



PAR 

VALUE. 



1,500.00 
9,000.00 



10,500.00 



5,000.00 
5,000.00 
2.000.00 
7,000.00 
6,000.00 
10,000.00 
6,500.00 



BOOK 
VALUE. 


MARKET 
VALUE. 


1,500.00 

9,000.00 


1,600.00 

9,000.00 


10,500.00 


10,500.00 


5,000.00 
5,000.00 
2,000.00 
7,000.00 
6,000.00 
10.000.00 
4,755.00 


5,175.00 
5,175.00 
2,200.00 
7,850.00 
6,800.00 
10,600.00 
4,755.00 



$ 41,900.00 89,755.00| 42,055.00 

Digitized by LjOOQ IC 



842 



BANK COMMISSIONEBS' EEPOET. 



WINDHAM COUNTY SAVINGS BANK, DANIELSON.— 

Continued. 

INVESTMENTS.— Continued. 



DESCRIPTION. 



PAR 

VALUE. 



BOOK | MARKET 
VALUE. VALUE. 



RAILROAD BONDS. * ! 

Chicago & Eastern Illinois, 5s, 1987, $ 

• *' '* 6s 1907 

Chicago, Mil. & St. Paul:— * ' ! 

Chic. & Pacific Western Division, 5s, 1921, 

Mineral Point " 5s, 1910, 

General " 3|s, 1989, 

Chic, Rock Island & Pacific, 4s, 1988, 

Elgin, Joliet & Eastern, 5s, 1941, 

Louisville & Nashville, 5s, 1987, 

Minneapolis & St. Louis, 4s, 1949, 

Oswego & Rome, 7s, 1915, 

Staten Island, 4*s, 1948, 

Sunbury, Hazleton & Wilkesbarre, 5s, 1928, 

St. Paul, Minn. & Manitoba: — 

Eastern Ry. of Minnesota, 5s, 1908, 

Montana Central, 5s, 1937, 

" Extension, 4s, 1947, 

Dakota " 6s, 1910, 

8t. Louis, Iron Mt. & So., 4s, 1938, 

Union Pacific, 4s, 1911, 



Totals, 



BANK STOCKS. 



25 shares Windham Co. Nat'l, Danielson, 
80 " First " Norwich, 

12 " Merchants' 

2 " Uncas 

8 " First " Putnam, 



Totals, 



12,000.00 
1,000.00 

25,000.00. 

10,000.00 

10,000.00 

10,000.00 

5,000.00 

7,000.00 

15,000.00 

3,000.00 

5,000.00 

8,900.00 

1,000.00 
15,000.00 

5,000.00 

5,000.00 
10,000.00 

5,000.00 



$ 152,900.00 



2,500.00 

8,000.00 

1,200.00 

200.00 

800.00 



$ 7,700.00 



14,105.00: 14,550.00 
1,000.00! 1,060.00 



29,500.001 

10,000.00 

10,350.00 

10,576.00 

5,700.00 

7,850.00 

15,000.00 

3,495.00 

5,000.00 

8,900.00 

1,000.00 
18,125.00 
5,000.00 
5,575.00 
9,000.00 
5,000.00 



165,175.00 



2,500.00 
4,000.00 
1,200.00 
200.00 
1,040.00 



8,940.00 



29,500.00 

10,825.00 

10.000.00 

10,600.00 

5,950.00 

8,470.00 

15.000.00 

4,000.00 

5.000.00 

9,975.00 

1,050.00 
18,150.00 
5,250.00 
5,750.00 
9,600.00 
5,350.00 



170,080,00 



2,600.00 
3,000.00 
1,440.00 
210.00 
1,120.00 



8,870.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, .:.... 2,283; total amount, $407,042.29 

2 Number of depositors having $1,000 and 

not over $2,000. .... 127; total amount, 162,926.28 

3 Number of depositors having over $2,000 

and not over $10,000, . . 49; total amount, 145,249.17 

4 Number of depositors having over $10,000, 0; total amount, 



5 Total number of depositors, 



2,459; total deposits, $715,217.74 

Digitized by LjOOQ IC 



BANK COMMISSIONED' EBPOBT. 848 



WINDHAM COUNTY SAVINGS BANK, DANIELSON.— 

Continued. 

MISCELLANEOUS ITEMS. — Continued. 

6 Largest amount due a single depositor, 17,072.85 

7 Number of accounts opened during the past year, 341; number 

closed, 446; decrease, 105. 

8 Amount deposited, including interest credited, during the past 

year, 161,589.22 

9 Amount withdrawn during the past year, 218,228.98 

10 Amount of decrease, 51,689.71 

11 Total of interest and profit and loss and rent ac- 

accounts per last report, .... $10,100.24 

12 Amount of income received during the year, 33,562.44— 48,662.68 

13 Total expenses, including salaries, during the year, 2,202. 26 

14 State tax during the year, 1,228.24 

15 Town and city taxes and assessments paid, 476.16 

16 Net amount of premiums charged off, . 

17 All other amounts charged off, .... 412.86 

18 Dividends, 2 per cent, paid Oct., 1903; amount, 14,465.36 

2 per cent, paid April, 1904; amount, 18,997.64 

19 Net amount carried to surplus, .... 850.00 

20 Total of Interest and profit and loss and rent ac- 

counts per this report, 10,080.66— 43,662.68 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 1,700.00 

23 Loans on real estate — are they all first mortgages ? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 22,500.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 10,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 7,960.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, . H£ 

28 Net income from foreclosed real estate during the past year, 944.72 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, July. 

30 Date of annual meeting to elect President, Treasurer, and other 

» officers, July. 

Officers.— President, J. A. Paine; Vice-President, R. R. James; Treasurer, 
C. C. Toung; Directors or Trustees, James Perkins, C. A. Young, F. E. Bitgood, 
A. B. Mathewson, A. D. Putnam, W. P. Kelley, F. P. Warren, A. J. Bitgood, 
A. H. Armington, F. T. Preston. 



Digitized by LjOOQIC 



344 



BAtfK COMMISSIONERS' BEPOBT. 



WINDSOR LOCKS SAVINGS BANK. 



A. W. Converse, Treasurer. 



Incorporated, 1871. 



STATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . $74,112.00 

Loans on collateral security, 1,315.00 
Loans on personal security 

only, .... 6,100.00 
Town, city, and borough 

notes and orders, . 6,000.00 
Town, city, school district, 

and corporation bonds, . 7,000.00 

Railroad bonds, . . . 98,850.00 

Bank stocks in Connecticut, 74,465.00 

Cash in banks, . . 15,927.42 

Cash in vault, . . 1,105.59 



Total Assets, 



1284,875.01 



LIABILITIES. 

Whole amount of deposits, $278,747.67 
Surplus account, 4,800.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 1,827.84 



Total Liabilities, 



,875.01 



INVESTMENTS. 



DESCRIPTION. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Windsor Locks, . . . . $ 

TOWN, CITY, SCHOOL DISTRICT, AND CORP. BONDS. 

San Diego, 4*s, 1909-1922, $ 



Pueblo, 



4*s, 1918, 



Totals, 



RAILROAD BONDS. 



Chicago, Milwaukee & St. Paul : — 
Dubuque Div., 

Fargo & Southern 
Wisconsin & Minnes'ta * ' 
Valley 

Chicago & Northwestern, 

Chicago & Toman, 

Minneapolis & St. Louis, 1st cons., 

St. Paul, Minneapolis & Manitoba, 
<< i« << n 

Staten Island, 



1920, $ 
1924, 
1921, 
1920,- 
1929, 
1905, 
1934, 
1933, 
4*8, 1938, 
4*s, 1948, 



Totals, 



PAR 
VALUE. 




2,000.00 

5,000.00 



7,000.00 



80,000.00 
1,000.00 
5,000.00 
2,000.00 

12,000.00 
1,000.00 
8,000.00 

10,000.00 

15,000.00 
5,000.00 



84,000.00 



7,000.00 



86,300.00 
1,000.00 
6,000.00 
2,500.00 

14,000.00 
1,000.00 
3,300.00 

18,000.00 

16,750.00 
5,000.00 



7,750.00 



88,500.00 
1,300.00 
6,500.00 
2,500.00 

14,000.00 
1,000.00 
8,480.00 

13,500.00 

16,680.00 
5,000.00 



i.ool 



98,850.00! 102,460.00 



Digitized by 



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BANK OOMMISSIONEBS' EEPOET. 



845 



WINDSOR LOCKS SAVINGS BANK.— Continued. 
INVESTMENTS.— CoHTrauM). 





DESCRIPTION. 




PAR 


BOOK 


MARKET 








VALUE. 


VALUE. 


VALUE. 




BANK 8TOCK8. 










29 shares First National, 


8uffield, $ 


2,900.00 


2,900.00 


4,850.00 


102 " 


State Bank, 


Hartford, 


10,200.00 


10,200.00 


14,280.00 


176 " 


Hartford National, 


<« 


17,500.00 


23,810.00 


24,000.00 


185 " 


American " 


tt 


6,750.00 


9,000.00 


9,585.00 


86 " 


First 


** 


8,500.00 


4,250.00 


4,900.00 


14 " 


^Etna ." 


it 


1,400.00 


2,280.00 


2,800.00 


88 " 


Phoanix 


** 


3,800.00 


4,738.00 


4,560.00 


20 " 


Charter Oak '• 


<< 


2,000.00 


1,890.00 


2,500.00 


7 •' 


National Ex., 


" 


850.00 


350.00 


455.00 


60 " 


Thames 


Norwich, 


6,000.00 


9,480.00 


9,900.00 


12 " 


First 


Wallingford, 


1,200.00 


1,672.00 


1,600.00 


60 " 


Waterbury " 

Is, . . . . 


Waterbury, 
. . .$ 


2,500.00 


4,000.00 


4,250.00 


Total 


58,100.00 


74,465.00 


88,180.00 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 1,274; total amount, 

2 Number of depositors having $1,000 and 

not over $2,000, 64; total amount, 

3 Number of depositors having over $2,000 

and not over $10,000, . . . 26 ; total amount, 

4 Number of depositors havingover $10,000, 0; total amount, 

5 ~ 
6 

7 



$122,492.28 

80,884.18 

75,371.21 




1,364; total deposits, 



Total number of depositors, 
Largest amount due a single depositor, 

Number of accounts opened during the past year, 246; number 
closed, 230; increase, 16. 

8 Amount deposited, including interest credited, during the past 

year 

9 Amount withdrawn during the past year, 

10 Amount of increase 

11 Total of interest and profit and loss and rent ac- 

counts per last report, $1,983.01 

12 Amount of income received during the year, . 12,588.67 — 

13 Total expenses, including salaries, during the year, 881.82 

14 State tax during the year, 295.88 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, . 895.88 

17 All other amounts charged off, .... 

18 "Dividends: 2 per cent, paid Apl. 1, 1904; amount, 5,101.41 

2 per cent, paid Oct. 1, 1904; amount, 5,269.45 

19 Net amount carried to surplus 300.00 

20 Total of interest and profit and loss and rent 

accounts per this report, .... 



$278,747.67 
5,811.19 



160,258.07 

128,272.51 

31,980.56 



14,571.68 



1,827.34— 14,571.68 



' Three and one-half per cent, per annum on excess of &000. 
Bank— 28 



Digitized by 



Google 



846 



BANK COMMISSIONEra' BEPOBT. 



WINDSOR LOCKS SAVINGS BANK.— Continued. 



MISCELLANEOUS ITEMS.— Continued. 



21 
22 
28 
24 



26 
27 



29 



Amount of past-due paper at this time is ... . 
Amount of assets yielding no income the past year, . 
Loans on real estate — are they all first mortgages ? . 
Largest amount loaned on mortgage to any one indiTidual, firm, 

company, society, or corporation 

Largest amount of personal loan to any one indiTidual, firm, 

company, society, or corporation, 

Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 

Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto. 
Net income from foreclosed real estate during the past year, 
Date of annual meeting of Incorporators to elect Trustees or 

Directors, second Thursday in July. 
Date of annual meeting to elect President, Treasurer, and other 

officers, second Thursday in July. 





(2,300.00 

Yes 

7,100.00 

1,000.00 

1,315.00 






Officers.— President, William Mather ; Treasurer, A. W. Converse ; Direc- 
tors or Trustees, William Mather, Allen Pease, G. M. Montgomery, C. E. Chaffee, 
J. W. Johnson, S. M. McAuley, M. P. Robinson, E. B. Bailey, J. R. Montgomery, 
George Glover, J. T. Coogan, G. P. Clark, C. F. Cleaveland. 



Digitized by 



Google 



BANK COMMISSIONERS* BEPOBT. 



847 



THE WINSTED SAVINGS BANK. 

Geobge 8. Rowe, Treasurer. Incorporated, 1860. 

8TATEMENT, OCTOBER 1, 1904. 



ASSETS. 

Loans on real estate, . . (651,275.00 

Loans on collateral security, 15,800.00 
Loans on personal security 

only 67,840.00 

Town, city, and borough 

notes and orders, . 120,800.00 
School district notes and 

orders 17,500.00 

State bonds, 15,000.00 
Town, city, school district, 

and corporation bonds, . 884,000.00 

Railroad bonds, . . 680,911.25 

Bank stocks in Connecticut, 71,500.00 

Bank stocks in other states, 80,525.00 

Real estate by foreclosure, . 6,840.85 

Banking-house, . 6,110.06 

Cash in banks, . 40,535.55 

Cash in vault, . 2,450.25 



Total Assets, 



. $1,968,677.46 



LIABILITIES. 



Whole amount of deposits, $1,827,252.28 

Surplus account, . 80,000.00 

Interest account, less cur- 
rent expenses, and taxes 
paid, .... 49,601.81 

Profit and loss account, . 11,828.87 



Total Liabilities, 



$1,968,677.46 



INVESTMENTS. 



DESCRIPTION. 



STATE BONDS. 

Massachusetts, 8*8, 1981, $ 

TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Winchester, $ 

" Hartland 

'* Colebrook, 

" Thomaston, 

Borough of Winsted, 



Totals, 



SCHOOL DISTRICT NOTES AND ORDERS. 



Fourth of Winchester, 

North End of New Hartford, . 



Totals, 



.$ 
.$ 



PAR 

VALUE. 



15,000.00 



24,000.00 

8,500.00 

4,800.00 

10,000.00 

78,000.00 



120,800.00 



11,000.00 
6,500.00 



BOOK 
VALUE. 



15,000.00 



24,000.00 

8,500.00 

4,800.00 

10,000.00 

78,000.00 



120,800.00 



11,000.00 
6,500.00 



MARKET 

VALUE. 



15,000.00 



24,000.00 

8,500.00 

4,800.00 

10,000.00 

78,000.00 



120,800.00 



11,000.00 
6,500.00 



17,500.00 17,500.00 17,500.00 

Digitized by LjOOSlC 



>g l 



848 



BANK COMMISSIONERS REPORT. 



THE WINSTED SAVINGS BANK.— Continued. 
INVESTMENTS.— Continued. 



DESCRIPTION. 



TOWN, CITY, SCHOOL DISTRICT, AND OOBP. 

Town of Windham, 4b, 

Norwalk, 4s, 

Winchester, $6,000 each yr.,3|«, 



City of Rockville, 

" South Norwalk, 
" Chelsea, Mass., 
" Woonsocket, R. I., 
" Columbus, Ohio, 
" Lima, 



" Minneapolis, Minn:, 
" Portland, Oregon, 

Kansas City, Mo., 

Arsenal School District, Hartford, 



4s, 
4s, 
4s, 
4s, 
4*s, 
4b, 
4s, 
4s, 
4s, 
4s, 
5s, 
.4b, 
4s, 



BONDS, 

1925, $ 
1921, 

1927, 
1904, 
1936, 
1927, 
1914, 
1923, 
1924, 
1925, 
1926, 
1922, 
1928, 
1910, 
1917, 



Totals, 



RAILROAD BONDS. 

Housatonic. 5s, 

Ashtabula & Pittsburg, 6s, 

Buffalo, New York & Erie, 7s, 

Buffalo & Susquehanna, 4s, 

Central of New Jersey, 5s, 

Chicago, Rock Island & Pacific, 4s, 

Chicago & Alton, 3s, 

Chicago, Milwaukee & St. Paul :— 

Lacrosse & DaTenport, 5s, 

Mineral Point, 5s/ 

Southwestern, 6s, 

Chicago & Northwestern :— 

Chicago & Tomah, 6s, 

Menominee Extension, 7s, 

Mil., Lake Shore & Western, 6s, 

Northwestern Union, 7s, 

Chicago St Eastern Illinois, 5b, 

Elgin, Joliet & Eastern, 5s, 

Illinois Central, Louisville Division, 8*8, 

" " Omaha " 8s, 

Iowa Palls & Sioux City, 7s, 

Joliet & Northern Indiana, 7s, 

Pitts., McKeesportA Youghiogheny,6s, 

Minneapolis & St. Louis, 4s. 

St. P., Minn. & Manitoba, 4*8, 

" •• " Dak. Ex., 6s, 

Eastern Ry. of Minn., No. Div., 4s, 

Montana Central, 5s, 



1937, $ 

1908, 

1916, 

1951, 

1987, 

1988, 

1949, 

1919, 
1910, 
1909, 

1905, 
1911, 
1921, 
1917, 
1937, 
1941, 
1953, 
1951, 
1917, 
1907, 
1982, 
1949, 
1933, 
1910, 
1948, 
1957, 



Totals, 



PAR 
VALUE. 



25,000.00 
15,000.00 
72,000.00 
20,000.00 
25,000.00 

5,000.00 
30,000.00 
12,000.00 

6,000.00 
10,000.00 
10,000.00 

4,000.00 
20,000.00 
16,000.00 
25,000.00 
40,000.00 



384,000.00 



80,000.00 
25.000.00 
1,000.00 
10,000.00 
25,000.00 
100,000.00 
30.000.00 

10,000.00 
25,000.00 
25,000.00 

25,000.00 
25,000.00 
8,000.00 
25,000.00 
70,000.00 
10,000.00 
25,000.00 
10,000.00 
25,000.00 
25,000.00 
20,000.00 
60.000.00 
80,000.00 
25,000.00 
25,000.00 
10,000.00 



BOOK 
VALUE. 



25,000.00 
15,000.00 
72,000.00 
20,000.00 
25,000.00 

5,000.00 
30,000.00 
12,000.00 

6,000.00 
10,000.00 
10,000.00 

4,000.00 
20,000.00 
15,000.00 
25,000.00 
40.000.00 



MARKET 
VALUE. 



26,250.00 
15,460.00 
72,000.00 
20,600.00 
25,000.00 

5,350.00 
80,800.00 
12,720.00 

6,000.00 
10,000.00 
10,000.00 

4,000.00 
21,200.00 
17,250.00 
25,750.00 
40,800.00 



384,000.00 842,670.00 



80,000.00 

25,000.00 

1,000.00 

9,675.00 

25,000.00 

100,000.00 

24,525.00 

10,000.00 
24,161.25 
25,000.00 

25,000.00 
25,000.00 

8,000.00 
25,000.00 
70,000.00 
10,000.00 
23,500.00 

9,050.00 
25,000.00 
25,000.00 
20,000.00 
60,000.00 
30,000.00 
25,000.00 
25,000.00 
10,000.00 



37.050.00 

25,750.00 
1.250.00 
9,900.00 

38,875.00 
105,000.00 

25,425.00 

11,425.00 
27,062.50 
27,625.00 

25,875.00 
29,500.00 
10,840.00 
82,750.00 
88,825.00 
11,625.00 
23,812.50 
8,500.00 
81,750.00 
27,000.00 
25.500.00 
57,150.00 
33,000.00 
27,987.50 
23,000.00 
11,675.00 



$ ; 699,000 00 689,911.25 766,602.50 



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BANE COMMISSIONED 7 KEPOBT. 



849 



THE WINSTED SAVINGS BANK.— Coniintod. 
INVESTMENTS. — Continued. 









PAR 


BOOK 


MARKET 




DESCRIPTION. 




VALUE. 


VALUE. 


VALUE. 




BANK STOCKS. 










285 shares Hurlbut National 


, Winsted, $ 


28,500.00 


28,500.00 


85,250.00 


160 


" First 


t< 


16,000.00 


16.000.00 


16,800.00 


80 


" Brooks 


Torrington, 


8,000.00 


8,000.00 


4,500.00 


60 


•• Thomaston 


Thomaston, 


5,000.00 


5,000.00 


5,000.00 


160 


•• Waterbury 


Waterbury, 


7,500.00 


7,500.00 


12,000 00 


60 


" Citizens 


<t 


6.000.00 


6,000.00 


7,800.00 


4 


" Pequonnock " 


Bridgeport, 


400.00 


400.00 


6Q0.00 


88 


'• Yale 


New Haven, 


8,800.00 


8,800.00 


4,125.00 


60 


" First 


Wallingford, 


5,000.00 


5,000.00 


5,500.00 


18 


•' Home " 


Meriden, 


1.800.00 


1,800.00 


2,160.00 


85 


" American Ex. '• 


New York, 


8,500.00 


8,500.00 


19,975.00 


40 


" Fourth 


<i 


4,000.00 


4,000.00 


9,000.00 


67 


0tt Merchants 


14 


8,850.00 


8,850.00 


5,862.50 


58 


" Imp. and Trad. " 


it 


5,800.00 


5,800.00 


80,210.00 


35 


" German American, 


it 


1,875.00 


1,875.00 


2,906.25 


75 


•• Nat. Bk. of Commerce, " 
Totals, $ 


7,500.00 


7,500.00 


16,050.00 




102,025.00 


102,025.00 


177,788.75 



MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000 4,424; total amount, $982,487.80 

2 Number of depositors having $1,000 and 

not over $2,000, . . . , 517; total amount, 652,868.20 
8 Number of depositors having over $2, 000 

and not over $10,000, ... 68; total amount, 191,901.28 

4 Number of depositors having over $10, 000, 0; total amount, 

5 Total number of depositors, . . 5,009; total deposits, $1,827,252.28 

6 Largest amount due a single depositor, 9,862.82 

7 Number of accounts opened during the past year, 516; num- 

ber closed, 410; increase, 106. 

8 Amount deposited, including interest credited, during the past . 

year 840,878.51 

9 Amount withdrawn during the past year 279,605.55 

10 Amount of increase 61,272.96 

11 Total of interest and profit and loss and rent 

accounts per last report, .... $60,780.55 

12 Amount of income received during the year, 91,295.92— 152,076.47 
18 Total expenses, including salaries, during the year, 4,574.04 

14 State tax during the year, 4,025.75 

15 Town and city taxes and assessments paid, . 

16 Net amount of premiums charged off, 8,000.00 

17 All other amounts charged off, . 9,600.00 



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850 bake commissioners' eepoet. 



THE WINSTED SAVINGS BANK.— Continued. 

MISCELLANEOUS ITEMS.— Continued. 

18 'Dividends, 2 per cent, paid Jan., 1904; amount, $84,847.25 

2 per cent, paid July, 1904; amount, 85,104.25 

19 Net amount carried to surplus 

20 Total of interest and profit and loss and rent ac- 

counts per this report 61,425.18— $152,076.47 

21 Amount of past-due paper at this time is 

22 Amount of assets yielding no income the past year, . 11,650.00 
28 Loans on real estate — are they all first mortgages ? . Yes 

24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 15,000.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 80,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 8,200.00 

27 Per cent, per annum of income on foreclosed real estate the past 

year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, . 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, third Wednesday in July. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, third Weanesday in July. 

* Three and one-half per cent, per annum on excess of $3,000. 

Officbr8.— President, Arthur L. Clark; Treasurer, George 8. Rowe ; Di- 
rectors or Trustees, Caleb J. Camp, Henry Gay, Rufus E. Holmes, Arthur L. Clark, 
Edward H. Persons, George E. Dudley, George S. Rowe. 



Digitized by LjOOQIC 



BANK COMMISSIONERS 7 EEPOET. 



351 



WOODBURY SAVINGS BANK. 

Homer 8. Tomlinbon, Treasurer. Incorporated, 1872. 

STATEMENT, OCTOBER 1, 1904. 



ABSBT8. 




LIABILITIES. 




Loans on real estate, . 


$175,031.02 


Whole amount of deposits, 


$264,650.88 


Loans on collateral security, 


15,576.50 


Surplus account, 


6,071.62 


Loans on personal security 




Interest account, less cur- 




only, .... 


45,634.85 


rent expenses, and taxes 




Town, city, and borough 




paid, .... 


25,504.04 


notes and orders, . 


11,825.00 






Railroad bonds, 


11,760.00 






Bank stocks in Connecticut, 


22,100.00 






Real estate by foreclosure, 


7,619.29 






Insurance and taxes ad- 








vanced on real estate 








mortgaged, 


203.49 






Cash in banks, . 


8,575 33 






Cash in vault, . 


2,902.51 


Total Liabilities, 




Total Assets, 


$296,226.49 


$296,226.49 



INVESTMENTS. 



DESCRIPTION. 



PAR 
VALUE. 



BOOK 
VALUE. 



MARKET 
VALUE. 



TOWN, CITY, AND BOROUGH NOTES AND ORDERS. 

Town of Woodbury, $ 

Orenaug Fire District, 



Totals, 



RAILROAD BONDS. 



Minneapolis & St. Louis, 4s, 1949, $ 

Chic, Rock Island & Pacific Gen., 4s, 1988, 



Totals, 



BANK STOCKS. 



162 shares Waterbury National, Waterbury, $ 



55 
84 
42 
25 
5 



Manufacturers 

Fourth 

Merchants 

Hartford 

Birmingham, 



New Haven, 

Hartford, 

Derby, 



Totals, 



8,150.00 
8,675 00 



8.150.00 
3,675.00 



8,150.00 
8,675.00 



11,825.00 



6,000.00 
6,000.00 



11,825.00 



5,760.00 
6,000.00 



11,825.00 



5,640.00 
6,240.00 



12.000.00 



8,100.00 
5,500.00 
8,400.00 
2,100.00 
2,500.00 
500.00 



11,760.00 



8,100.00 
5,500.00 
8,400.00 
2,100.00 
2,500.00 
500.00 



11,880.00 



12,960.00 
6,600.00 
4,420.00 
2,315.00 
8,250.00 
750.00 



22,100.00 



22,100.00 



80,295.00 



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5 0. 



852 bank commissioned' bepobt. 



WOODBURY SAVINGS BANK— Continued. 

MISCELLANEOUS ITEMS. 

1 Number of depositors having less than 

$1,000, 1,271; total amount, #05,997.75 

2 Number of depositors having $1,000 and 

not over $2,000 40; total amount, 49,138.82 

8 Number of depositors having over $2,000 

and not over $10,000, 4; total amount, 9,514.76 

4 Number of depositors having over $10, 000, 0; total amount, 

5 Total number of depositors, . . . 1,815; total deposits, $264,650.83 

6 Largest amount due a single depositor, 2,778.99 

7 Number of accounts opened during the past year, 154; number 

closed, 98; increase, 56. 

8 Amount deposited, including interest credited, during the past 

year 68,385.76 

9 Amount withdrawn during the past year, .... 47,169.94 

10 Amount of increase, 16,165.82 

11 Total of interest and profit and loss, and rent 

accounts per last report $23,012.18 

12 Amount of income received during the year, 18,987.70— 86,949.88 
18 Total expenses, including salaries, during the year, 693.14 

14 State tax during the year, 839.70 

15 Town and city taxes and assessments paid, 

16 Net amount of premiums charged off, . . 290.50 

17 All other amounts charged off, .... 87.50 

18 Dividends, 2 per cent, paid Jan. 15, 1904; amount, 4,988.19 

2 per cent, paid July 15, 1904; amount, 5,146.76 

19 Net amount carried to surplus, .... 

20 Total of interest and profit and loss and rent 

accounts per this report, . . . . 25,504.04— 86,949.83 

21 Amount of past-due paper at this time is ... . 

22 Amount of assets yielding no income the past year, 6,585.00 

23 Loans on real estate— are they all first mortgages? . . Tes 
•24 Largest amount loaned on mortgage to any one individual, firm, 

company, society, or corporation, 5,800.00 

25 Largest amount of personal loan to any one individual, firm, 

company, society, or corporation, 5,000.00 

26 Largest amount of collateral loan to any one individual, firm, 

company, society, or corporation, 4,200.00 

27 Per cent, per annum of income on foreclosed real estate the 

past year, after deducting all items chargeable thereto, 

28 Net income from foreclosed real estate during the past year, 

29 Date of annual meeting of Incorporators to elect Trustees or 

Directors, Monday following 17th June. 
80 Date of annual meeting to elect President, Treasurer, and other 
officers, Monday following 17th June. 

Officers. — President, Horace D. Curtiss; Treasurer, Homer 8. Tomlinson; 
Directors or Trustees, H. D. Curtiss, M. F. Shelly, H. S. Tomlinson, L. J. 
Allen, D. C. Porter, F. F. Hitchcock, C. M. Harvey, W. G. Ward, George F. 
Morris. 



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REPORTS OF STATE BANKS. 

SEPTEMBER 6, 1904. 



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BANK COlOOSSIOXrEBS' REPORT. 859 

THE CITY BANK, HARTFORD. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $1,022,327.53 

Overdraft*, 1,213.49 

Stocks and securities, 243,970.00 

Furniture and fixtures, 15,000.00 

Real estate, 3,200.00 

Due from other banks, bankers, and trust companies, 7,150.06 

Due from approved reserve agents, 58,069.68 

United States and national bank notes, 29,618.00 

Gold coin, 16,310.00 

Silver coin, 3,319.00 

Minor coin, 745.70 

Checks and cash items, . . 9,703.76 

Total assets, $1,410,627.22 

LIABILITIES. 

Capital stock, $440,000.00 

Undivided profits, less current expenses and taxes paid, . 78,726.05 

Due to banks, bankers, and trust companies, .... 12,585.64 

Dividends unpaid, . 22.50 

General deposits, 879,293.03 

Total liabilities, $1,410,627.22 

Past-due paper, $41,700.17 

Par value of stock, $100; market value, $87. 

Rate per cent, of last dividend, and when paid, 1% per cent., July 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

•Chables T. Welles, President. Edw*d D. Rediteld, Cashier. 

Directors. — Charles A. Jewell, William B. Clark, Charles B. Whiting, 
Maro S. Chapman, Edward D. Robbins, Elizur S. Goodrich, Charles T. Welles, 
Sylvester C. Dunham, Arthur S. Hyde, John W. Morrell. 

• Succeeded Oct. 7th by Maro S. Chapman. 



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860 - bakk commissioners' bepobt. 

CITY BANK, NEW HAVEN". 

STATEMENT, SEPTEMBER 6, 1004. 

ASSETS. 

Loans and discounts, $755,381.80 

Stocks and securities, 342,489.20 

Banking house, 40,000.00 

Due from other banks, bankers, and trust companies, . . 43,401.08 

Due from approved reserve agents, 100,459.04 

United States and national bank notes, 55,609.00 

Gold coin, 26,100.00 

SUver coin, 1,470.00 

Minor coin, 1,024.40 

Checks and cash items, 21,008.04 

Checks for clearing house, 16,005.68 

Total assets, $1,403,038.30 

LIABILITIES. 

Capital stock, $500,000.00 

Surplus fund, 100,000.00 

Other undivided profits, less current expenses and taxes paid, 32,618.12 

Due to banks, bankers, and trust companies, .... 35,529.25 

Dividends unpaid, '. . . • 854.00 

General deposits, 824,036.93 

Total liabilities, $1,493,038.30 

Past-due paper, none. 

Par value of stock, $100 ; market value, $140. 

Rate per cent, of last dividend, and when paid, 3 per cent., July 1, 1004. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Gbobgb W. CuBnfl, President. Chas. E. Cubxxs, Vice-President. 

Samuel Lloyd, Cashier. 

Dibectobs. — James D. Dewell, George W. Curtis, Charles B. Wooster, 

Elliott H. Morse, George J. Brush, Willis E. Miller, Cornelius S. Morehouse, 
Eli Whitney, George D. Watrous. 



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BANK OOMMISBIONBBS' REPORT. 861 

CONNECTICUT EIVER BANKING COMPANY, HAETFORD. 

STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $572,610.44 

Overdrafts, 8,421.39 

Stocks and securities, 179,366.25 

Banking house, 37,000.00 

Other real estate, 616.99 

Due from other banks, bankers, and trust companies, . 24,394.71 

Due from approved reserve agents, 34,742.90 

United States and national bank notes, 11,925.00 

Gold coin, 40,150.00 

Silver coin, 433.00 

Minor coin, . . . 277.65 

Checks and cash items, 8,109.18 

Total assets, $918,047.51 

LIABILITIES. 

Capital stock, $150,000.00 

Other undivided profits, less current expenses and taxes paid, 124,868.86 

Due to banks, bankers, and trust companies, .... 5,738.19 

Dividends unpaid, 80.10 

General deposits, . 637,360.36 

Total liabilities, $918,047.51 

Past-due paper, $3,556.65 

Par value of stock, $30; market value, $54. 

Rate per cent, of last dividend, and when paid, 3 per cent, July 1, 1904. 
Do the 7 loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Samuel E. Elmore, President. * H. W. Ebving, Cashier. 

Directors. — Samuel E. Elmore, M. W. Graves, S. B. Bosworth, L. R. 
Cheney, W. H. Watrous, A. F. Eggleston, A. D. Coffin, A. N. Williams, F. B. 
Allen. 



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862 BANK commissioned' report. 

THE MECHANICS BANK, NEW HAVEN. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $737,477.98 

Overdrafts, 4.54 

Stocks and securities, . 58,515.00 

Banking house, 25,000.00 

Due from other banks, bankers, and trust companies, . . 26,832.37 

Due from approved reserve agents, 64,841.99 

United States and national bank notes, 28,148.00 

Gold coin, 14,400.00 

Silver coin, 3,915.00 

Minor coin, 386.48 

Checks and cash items, 3,009.17 

Exchanges for clearing house, 32,756.85 

Due from United States Treasurer, 1,500.00 

Total assets, $996,787.38 

LIABILITIES. 

Capital stock, $300,000.00 

Surplus fund, 40,000.00 

Other undivided profits, less current expenses and taxes paid, 10,767.59 

Due to banks, bankers, and trust companies, .... 5,797.78 

Dividends unpaid, 1,284.30 

General deposits, 638,937.71 

Total liabilities, $996,787.38 

Pasl-due paper, $8,300.00 

Par value of stock, $60; market value, $63. 

Rate per cent, of last dividend, and when paid, 2 per cent., July 1, 1904. 

Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

C. S. Leete, President. W. H. Douglass, Vice-President. 
S. Fred Strong, Cashier. 

Directors. — Charles S. Leete, Joel A. Sperry, Oliver S. White, Franklin 
H. Hart, Frank W. Benedict, William H. Douglass, Herman D. Clark, Dennis 
A. Blakeslee, John S. Cannon. 



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bank commissioned' report. 868 

SAYBROOK BANK, ESSEX. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $93,642.75 

Stocks and securities, 15,000.00 

Banking house, 7,804.00 

Other real estate, 500.00 

Due from other banks, bankers, and trust companies, 10.00 

Due from approved reserve agents, 4,012.61 

United States and national bank notes, 3,008.00 

Gold coin, 2,578.96 

Silver coin, 2,368.90 

Minor coin, 610.31 

Checks and cash items, . % 744.07 

Total assets, $130,169.59 

LIABILITIES. 

Capital stock, $50,000.00 

Surplus fund, 7,000.00 

Other undivided profits, less current expenses and taxes paid, . 1,480.98 

Due to banks, bankers, and trust companies, .... 1,700.81 

Dividends unpaid, 1.66 

General deposits, ......... 69,986.14 

Total liabilities, ........ $130,169.59 

Past-due paper, $13,486.24 

Par value of stock, $50; market value, $45. 

Rate per cent, of last dividend, and when paid, 2 per cent., July 1, 1903. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

D. W. Spencer, President. George I. Stevens, Vice-President. 

Louis P. Parker, Cashier. 

Directors. — D. W. Spencer, George I. Stevens, A. M. Wright, S. J. Tiley, 
C. G. Cheney, E. E. Dickinson, J. H. Day, H. B. Sisson, C. E. Chapman, L. P. 
Parker. 



Bahx— 24 

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864 BANK OOUCIBSIOirBBS' REPORT. 

STATE BANK, HARTFORD. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $1,537,508.88 

Overdrafts (secured), 2,401.91 

Stocks and securities, 285,942.71 

Banking house, 50,000.00 

Due from other banks, bankers, and trust companies, 17,543.89 

Due from approved reserve agents, 212,188.51 

United States and national bank notes, 22,011.00 

Quid coin and certificates, 39,300.00 

Silver coin, 1,050.00 

Minor coin, 90.46 

Checks and cash items, 20,014.07 

Total assets, $2,188,051.43 

LIABILITIES. 

Capital stock, $400,000.00 

O&er undivided profits, less current expenses and taxes paid, 274,388.79 

Due to banks, bankers, and trust companies, .... 2,821.77 

Dividends unpaid, 470.44 

General deposits, 1,505,370.43 

Reserved for taxes, 5,000.00 

Total liabilities, $2,188,051.43 

Past-due paper (secured), $8,000.00 

Par value of stock, $100; market value, $135. 

Rate per cent, of last dividend, and when paid, 3 per cent., July 1, 1904. 
Do the loans and discounts to parties in tnis state amount to one-half o{ the 
* capital stock! Yes. 

Geo. F. Hills, President. Geo. H. Bust, Cashier. 

Directors. — Geo. F. Hills, A. E. Hart, E. Gay, E. G. Whittelsey, C. B. 
Ingraham, Geo. E. Taintor, C. H. Lawrence, P. Garvan, John R. Buck. 



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865 



THE UNION BANK, NEW LONDON. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $478,639.20 

Overdrafts, 360.76 

Stocks and securities, 167,748.16 

Banking house, 12,000.00 

Other real estate, 5,831.15 

Due from other banks, bankers, and trust companies, *24,729.15 

Due from approved reserve agents, 165,044.78 

United States and national bank notes, 25,120.00 

Gold coin, 31,000.00 

Silver coin, 5,582.30 

Minor coin, 516.01 

Checks and cash items, 15,501.74 

Total assets, $932,073.25 

LIABILITIES. 

Capital stock, $300,000.00 

Surplus fund, 50,000.00 

Other undivided profits, less current expenses and taxes paid, 39,826.75 

Due to banks, bankers, and trust companies, .... 11,477.96 

Dividends unpaid, *. . . . 255.00 

General deposits, 529,013.54 

Tax account 1,500.00 

Total liabilities, $932,073.25 

Past-due paper, . $5,760.16 

Par value of stock, $100; market value, $105. 

Rate per cent of last dividend, and when paid, 2% per cent., July 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Geo. F. Tinkeb, President. Wm. B. Corr, Vice-President. 

J. L. Chew, Cashier. 

Directors. — W. H. Chapman, Geo. F. Tinker, Arnold Rudd, J. Lawrence 
Chew, W. B. Coit, Frank B. Brandegee, Charles H. Klinck, Aug. C. Tyler, 
Walter C. Noyes, Edw. T. Brown, Walter R. Perry, C. Barry, Jr., Alfred Coit 



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866 BANK COMMISSIONERS 7 REPORT. 

UNITED STATES BANK, HARTFORD. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $836,710.89 

Overdrafts, 4,071.99 

Stocks and securities, 1,272,639.00 

Due from other banks, bankers, and trust companies, . . 5,353.87 

Due from approved reserve agents, 272,127.38 

United States and national bank notes, ' 65,990.00 

Gold coin, 32,135.00 

Silver coin, 2,000.00 

Minor coin, 231.04 

Checks and cash items, 5,442.67 

Total assets, . $2,496,701.84 

LIABILITIES. 

Capital stock, $100,000.00 

Surplus fund, 250,000.00 

Other undivided profits, less current expenses and taxes paid, 53,195.18 

Due to banks, bankers, and trust companies, .... 6,143.97 

General deposits, 2,088,362.69 

Total liabilities, $2,496,701.84 

Past-due paper, $9,025.00 

Par value of stock, $100; market value, ^385. 

Rate per cent, of last dividend, and when paid, 5 per cent., July 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital ' stock ? Yes. 

H. L. Bunce, President. P. G. Sexton, Cashier. 

Directors. — M. G. Bulkeley, S. G. Dunham, J. R. Hills, Atwood Collins, 
J. O. Enders, W. E. A. Bulkeley, M. B. Brainard, D. N. Barney, H. L. Bunce. 



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BANK COMMISSIONERS 7 EEPOBT. 



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REPORTS OF TRUST COMPANIES. 
SEPTEMBER 6, 1904. 



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bank commissioners' bspobt. 871 

4 

THE BKIDGEPORT TEUST COMPANY. 

STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $258,345.62 

Overdrafts, 514.48 

United States bonds, 1,050.00 

Stocks and securities, 613,167.16 

Vault, furniture, and fixtures, 32,000.00 

Other real estate, 37,288.15 

Due from other banks, bankers, and trust companies, 149,275.47 

Due from approved reserve agents, 114,601.44 

United States and national bank notes, 46,445.00 

Gold coin, . 705.00 

Silver and minor coin, 2,075.53 

Checks and cash items, 1,417.19 

Cash advanced on estates, 241.96 

Total assets, $1,257,127.00 

T,T AfffT.TTTTCJ I , 

Capital stock, $139,600.00 

Surplus fund, 40,740.00 

Other undivided profits, less current expenses and taxes paid, 6,007.74 

Due to banks, bankers, and trust companies, .... 11,334.62 

General deposits, 905,351.42 

Deposits in savings department, 149,201.44 

Special account, 4,891.78 

Total liabilities, $1,257,127.00 

Past-due paper, $1,238.50 

Par value of stock, $100; market value, no sales except increase of capital 

stock, which sells for $165, of which $65 per share is credited to surplus 

account. 
Rate per cent, of last dividend, and when paid, 3 per cent., August 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 

capital stock? Yes. 

F. W f Mabsh, President. Orange Merwht, Vice-President. 

E. H. JuDSOir, Treasurer. 

Directors. — F. W. Marsh, Orange Merwin, E. H. Judson, Egbert Marsh, 
D. Fairchild Wheeler. 



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372 BANK OOMMISSIOITCBS' BEPOBT. 

THE CANTON TRUST COMPANY, COLLINSVILLE. 

STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $95,008.79 

Overdrafts, 4,709.45 

Stocks and securities, . 16,233.26 

Premium account, 729.98 

Furniture, fixtures, and banking house, 15,000.00 

Other real estate, 3,734.38 

Due from other banks, bankers, and trust companies, 1,943.96 

Due from approved reserve agents, 18,732.61 

United States and national bank notes, 11,850.00 

Gold coin, 292.50 

Silver and minor coin, 1,078.50 

Checks and cash items, ........ 15.00 

Due from trust accounts, 1,496.77 

Total assets, $170,825.20 

Capital stock, $25,000.00 

Surplus fund, 3,500.00 

Other undivided profits, less current expenses and taxes paid, 2,685.70 

Due to banks, bankers, and trust companies, .... 1,325.49 

General deposits, 133,360.88 

Due trust accounts, 4,953.13 

Total liabilities, " . $170,825.20 

Past-due paper, $691.32 

Par value of stock, $100; market value, . 

Rate per cent, of last dividend, and when paid, 2% per cent., May 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

J. H. Bidwell, President. Benj. F. Case, Vice-President 

M. J. MoFarland, Treasurer. 

Directors. — J. H. Bidwell, Benj. F. Case, J. D. Andrews, M. J. McFar- 
land, Isaac Barnes, C. T. Georgia, O. R. Beckwith. 



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BANK commissioned' repobt. 878 

THE COLONIAL TRUST COMPANY, WATERBURY. 
STATEMENT, SEPTEMBER 6, 1904. 

AS8RT8. 

Loans an£ discounts, $1,332,195.50 

Overdrafts, 137.52 

Stocks and securities, 688,000.00 

Premium account, , 617.67 

Furniture and fixtures, 12,000.00 

Banking house, 117,000.00 

Due from other banks, bankers, and trust companies, . 135,766.91 

Due from approved reserve agents, 143,846.79 

United States and national bank notes, 52,593.00 

Gold coin, 10,740.00 

Silver coin, 10,146.10 

Minor coin, 280.28 

Checks and cash items, 9,546.12 

Total assets, $2,512,869.89 

LIABILITIES. 

Capital stock, $400,000.00 

Surplus fund, 100,000.00 

Other undivided profits, less current expenses and taxes paid, 31,822.57 

Due to banks, bankers, and trust companies, .... 72,311.81 

General deposits, 1,908,735.51 

Total liabilities, $2,512,869.89 

Past-due paper, $300, secured by collateral. 
Far value of stock, $100; market value, $125. 

Rate per cent, of last dividend, and when paid, 2% per cent., May 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

D. S. Plumb, President. J. H. Whittemomc, G. M. Woodruff, Vice-Presidents. 
Louis N. VanKeuben, Treasurer. 

Dibectobs. — D. S. Plume, J. H. Whittemore, G. M. Woodruff, Franklin 
Farrel, C. F. Brooker, A. M. Young, C. P. Goss, E. L. Frisbie, Jr., Geo. E. 
Terry, J. P. Elton, Wm. E. Fulton. 



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874 



BANK COMMISSIONED 7 BEPOBT. 



COLUMBIA TRUST COMPANY, MIDDLETOWN. 

STATEMENT, SEPTEMBER 6, i904. 

ASSETS. 

Loans and discounts, $135,280.39 

Overdrafts, 1,584.57 

Stocks and securities, 160,107.15 

Furniture and fixtures, 4,000.00 

Other real estate, 40,021.39 

Due from other banks, bankers, and trust companies, 11,799.04 

Due from approved reserve agents, 44,865.98 

United States and national bank notes, 9,649.00 

Gold coin, 10,017.00 

Silver coin, 585.95 

Minor coin, 360.73 

Checks and cash items, 2,759.56 

Total assets, $430,030.76 

UABUJTIES. 

Capital stock, $50,000.00 

Other undivided profits, less current expenses and taxes paid, 17,191.22 

General deposits, 184,699.27 

Deposits in savings department, 178,140.27 

Total liabilities, $430,030.76 

Past-due paper, $2,840.00 

Par value of stock, $100; market value, . 

Rate per cent, of last dividend, and when paid, 3 per cent., May 1, 1904. 

Do the loans and discounts to parties in this state amount to one-half of the 
capital stock! Yes. 

E. H. Burr, President. O. E. Stoddard, Vice-President. 
C. B. Leach, Treasurer. 

Directors. — O. E. Stoddard, G. T. Meech, H. R. Butler, D. W. Chase, 
J. T. Elliott, C. E. Stanley, H. C. Whittlesey, Chas. Reynolds, C. B. Leach, 
E. H. Burr. 



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BANK COMMISSIONERS* REPORT. 876 

CONNECTICUT TEUST & SAFE DEPOSIT CO., HARTFORD. 

STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $1,434,306.80 

Overdrafts, 19,306.40 

Railroad bonds, > 801,000.00 

Other bonds 260,390.00 

Due from other banks, bankers, and trust companies, . 243,859.83 

Due from approved reserve agents, 406,521.69 

United States and national bank notes, 115,238.00 

Gold coin, 62,400.00 

Silver coin, 2,300.00 

Minor coin, 62.94 

Checks and cash items, 36,475.76 

Total assets, . ' $3,381,861.42 

LIABILITIES. 

Capital stock, $300,000.00 

Surplus fund, 300,000.00 

Other undivided profits, less current expenses and taxes paid, 86,141.09 

Due to banks, bankers, and trust companies, .... 27,748.04 

General deposits, 2,667,972.29 

Total liabilities, $3,381,861.42 

Past-due paper, $1,915.00 

Par value of stock, $100; market value, $205. 

Rate per cent, of last dividend, and when paid, 5 per cent., June 30, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Meigs H. Whaples, President. John P. Wheeler, Treasurer. 

Jacob L. Greene, Vice-President. Hosmeb C. Redbteld, Ass*t Treas. 

Henry S. Robinson, Secretary. 

Directors. — George L. Chase, Charles H. Smith, James J. Goodwin, 
Jacob L. Greene, Daniel R. Howe, George Roberts, John M. Taylor, Jonathan 
B. Bunce, Meigs H. Whaples, John P. Wheeler, Henry S. Robinson. 



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876 BANK COMMISSIONERS 9 REPOBT. 

THE FIDELITY COMPANY, HARTFORD. 

STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $153,368.39 

Overdrafts, 8,270.27 

Stocks and securities, ........ 81,916.62 

Due from other banks, bankers, and trust companies, . 4,768.28 

Due from approved reserve agents, 17,244.54 

United States and national bank notes, 6,717.00 

Gold coin, 575.00 

Silver coin, 56.70 

Minor coin, 6.30 

Checks and cash items, 145.00 

Total assets, $273,068.10 

LIABILITIES. 

Capital stock, $50,000.00 

Surplus fund, 25,000.00 

Other undivided profits, less current expenses and taxes paid, 9,653.58 

General deposits 188,164.52 

Reserve for taxes, 250.00 

Total liabilities, . . $273,068.10 

Past-due paper, none without collateral. 
Par value of stock, $100; market value, $125. 

Rate per cent, of last dividend, and when paid, 3% per cent., July, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

J. M. Holooicbe, President. Charles P. Cooley, Treasurer. 

Loomis A. Newton, Secretary. 

Directors. — Francis B. Cooley, Drayton Hillyer, Wm. C. Skinner, Chas. 
E. Gross, Geo. H. Day, Robert Cheney, John M. Holcombe, R. W. Huntington, 
Jr., R. M. Bissell, Chas. P. Cooley. 



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BANK commissioned' report. 377 
THE FIDELITY TITLE AND TRUST COMPANY, STAMFORD. 

STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $34,559.49 

Stocks and securities, 92,041.25 

Furniture and fixtures, 8,196.60 

Due from other banks, bankers, and trust companies, . . 12,205.00 

Due from approved reserve agents, 15,599.76 

United States and national bank notes, 10,983.00 

Gold coin, 180.00 

Silver coin, 429.50 

Minor coin, 38.54 

Checks and cash items, 165.28 

Total assets, $174,398.42 

LIABILITIES. 

Capital stock, $100,000.00 

Surplus fund, 7,632.63 

Other undivided profits, less current expenses and taxes paid, 182.40 

Due to banks, bankers, and trust companies, .... 2,120.83 

General deposits, 20,997.45 

Deposits in savings department, 43,465.11 

Total liabilities, $174,398.42 

Past-due paper, none. 

Par value of stock,' $100; market value, . 

Rate per cent, of last dividend, and when paid, none paid. 

Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? No. 

Robert A. Fosdick, President. A. Leland Brown, Treasurer. 

Directors. — Louis J. Curtis, Chas. I. Dayton, Robert A. Fosdick, Richard 
H. Gillispie, Amos J. Givens, Wilbur E. Scofield, Stephen Smith, Geo. H. Soule, 
Warren H. Taylor. 



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878 



BATTK COMMISSIONERS' REPOBT. 



THE GREENWICH TRUST, LOAN & DEPOSIT COMPANY. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, . . . . . . $707,410.27 

Overdrafts, secured and unsecured, 5,673.93 

Stocks and securities, ......... 291,97.0.00 

Banking house, 23,000.00 

Due from other banks, bankers, and trust companies, . . 2,090.69 

Due from approved reserve agents, 169,020.67 

United States and national bank notes, 22,086.00 

Gold coin, 16,045.00 

jSilver coin, 985.00 

Minor coin, . . . 85.26 

Checks and cash items, 17,405.54 

Advances to trust estates, 2,213.38 

Total assets, $1,257,984.64 

LIABILITIES, 

Capital stock, $50,000.00 

Other undivided profits, less current expenses and taxes paid, 95,850.63 

Due to banks, bankers, and trust companies, . . . 4,788.27 

General deposits, 447,922.91 

Deposits in savings department, 655,422.83 

Accrued interest, 4,000.00 

Total liabilities, $1,257,984.64 

Past-due paper, . 

Par value of stock, $50; market value, . 

Rate per cent, of last dividend, and when paid, 4 per cent., July 15, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 



R. Jay Walsh, President. 



Alfred A. Bundle, Treasurer. 



Directors. — R. Jay Walsh, Seaman Mead, John F. Close, S. E. Mills, 
W. S. Mead, W. F. H. Lockwood, E. L. Scofield, Webster Haight, John Lyon. 



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\ 

BANK commissioners' report. 879 

THE HARTFORD TBUST COMPANY, HARTFORD. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, . $1,678,508.05 

Overdrafts, 2,046.91 

Stocks and securities, 291,722.32 

Banking house, 250,000.00 

Due from other banks, bankers, and trust companies, . . 20,437.89 

Due from approved reserve agents, . ... . • • 174,569.43 

United States and national bank notes, 72,104.00 

Gold coin, 9,775.00 

Silver coin, 693.85 

Minor coin, 217.16 

Checks and cash items, 31,224.35 

Total assets, $2,531,298.96 

$ 

LIABILITIES. 

Capital stock, $300,000.00 

Other undivided profits, less current expenses and taxes paid, 252,298.54 

Due to banks, bankers, and trust companies, .... 6.091.24 

General deposits, 1,972,909.18 

Total liabilities, . $2,531,298.96 

Past-due paper, $450.00 

Par value of stock, $100; market value, $175. 

Rate per cent, of last dividend, and when paid, 4 per cent., July 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Ralph W. Cutler, President. Chas. M. Joslyn, Vice-President. 

Frank C Sumner, Treasurer. 

Directors. — Charles M. Joslyn, Theodore Lyman, Ralph W. Cutler, Pliny 
Jewell, Henry Roberts, C. E. Billings, Henry P. Stearns, W. Bradford Scott, 
W. E. A. Bulkeley, Edward Milligan. 



Bank— 25 

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380 



BAtfK COMMISSIONED' BEPOBT. 



THE HOME TITUST COMPANY, DERBY. 
STATEMENT, SEPTEMBER 6, 1904. 



ASSETS 

Loans and discounts, .... 

Stocks and securities, 

Banking house, .... 

Other real estate, .... 

Due from other banks, bankers, and trust 

United States and national bank notes, 

Gold coin, .... 

Silver coin, 

Minor coin, 

Checks and cash items, 

Current account receivable, 



companies, 



Total assets, 



$204,634.63 

265.245.99 

23,000.00 

7,551.62 

24,327.89 

1,595.00 

70.00 

. 154.80 

8.26 

5,564.91 

10,672.75 

$542,825.85 



LIABILITIES. 



Capital stock, 

Surplus fund, 

Other undivided profits, less current expenses and taxes paid, 

Deposits in savings department, 

Trust estates, 

Current account payable, 



Total liabilities, 



$50,000.00 
10,000.00 
11,646.65 

445.249.17 

20,260.07 

6,669.96 

$542,825.85 



Past-due paper, $479.03 

Par value of stock, $100; market value, $120. 

Rate per cent, of last dividend, and when paid, 3 per cent., April 15, 1904. 
Do the loans and discounts to parties in tnis Btate amount to one-half of the 
capital stock? Yes. 



Chas. E. Clark, President. 



Daniel S. Behnsmade, Vice-President. 



Chas. N. Downs, Treasurer. 

Directors. — C. N. Downs, W. S. Downs, J. G. Day, D. S. Brinsmade, H. 
F. Wanning, E. B. Gager, D. A. Nichols. 



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BANK OOMMISSIONBBS' EEPOBTi 881 

THE MEBIDEN TKTJST & SAFE DEPOSIT COMPANY. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $39,837.50 

Stocks and securities, 13,080.00 

Due from other banks, bankers, and trust companies, . . 5,856.11 

Due from trust funds, 95.01 



Total assets, $58,868.62 

LIABILITIES. 

Capital stock, $50,000.00 

Other undivided profits, less current expenses and taxes paid, 3,168.50 

Due to trust funds, 5,700.12 

Total liabilities, $58,868.62 

Past-due paper, none. 

Par value of stock, $100; market value, . 

Bate per cent, of last dividend, and when paid, 2% per cent., July 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Walter Hubbard, President. Chas. L. Rockwell, Treasurer* 

Directors. — Walter Hubbard, N. L. Bradley, John L. Billard, Chas. F. 
Linsley, Geo. M. Curtis, C. L. RockweJU. 



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882 bank commissioners' beport. 

THE NEW HAVEN TRUST COMPANY, NEW HAVEN. 

STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $174,901.50 

Overdrafts, 2.77 

Stocks' and securities, 151,872.75 

Due from other banks, bankers, and trust companies, . . 24,430.13 

Due from approved reserve agents, 25,658.28 

United States and national bank notes, 9,782.00 

Gold coin, 950.00 

Silver coin, 397.75 

Minor coin, 80.52 

Checks and cash items, 246.55 

Total assets, $388,322.25 

LIABILITIES. 

Capital stock, $100,000.00 

Surplus fund, 10.000.00 

Other undivided profits, less current expenses and taxes paid, 5,017.15 

General deposits, - 273,305.10 

Total liabilities, $388,322.25 

Past-due paper, . 

Par value of stock, $100; market value, . 

Rate per cent, of last dividend, and when paid, 2 per cent., January, 1902. 
Do the loans and discounts to parties in this dtate amount to one-half of the 
capital stock? Yes. 

Thomas Hooker, President. W. Pebbt Curtiss, Vice-Pres. and Treat. 

Amos F. Barnes, Se&y and Ass't Treas. 

Directors. — Pierce N. Welch, Henry F. English, Thomas Hooker, Max 
Adler, Joseph Porter, Morris F. Tyler, Samuel E. Merwin, Eli Whitney, Benja- 
min R. English, Henry C. White, Edw. A. Bowers, James D. Dewell, Elliott 
H. Morse, Amos F. Barnes, W. Perry Curtiss. 



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BANS COMMISSIONED' BEPOBT. 



383 



THE SECUEITY COMPANY, HAKTFOKD. 
STATEMENT, SEPTEMBER 6, 1904. 



ASSETS 



Loans and discounts, . 

Overdrafts, 

Stocks and securities, 

Other real estate, 

Due from other banks, bankers, and trust 

Due from approved reserve agents, . 

United states and national bank notes, 

Gold coin, . 

Silver coin, 

Minor coin, 

Checks and cash items, 

Due from trust accounts, 



companies, 



Total assets, 



$404,139.57 

2,711.56 

286,655.60 

7,864.69 

64,273.94 

96,853.06 

14,686.00 

20,972.50 

529.75 

1.66 

4,706.22 

12,924.25 

$916,317.80 



LIABILITIES. 

Capital stock, $200,000.00 

Surplus fund, 100,000.00 

Other undivided profits, less current expenses and taxes paid, 18.392.21 

Due to banks, bankers, and trust companies, .... 6,800.52 

General deposits, 474,363.57 

Trust deposits, 116,761.50 



Total liabilities, 



$916,317.80 



Past-due paper, . 

Par value of stoc&l&lOO; market value, $130. 

Rate per cent, of last dividend, and when paid, 2% per cent., July 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Atwood Collins, President. Chas. Edw. Prior, Treasurer. 

Chas. Edw. Prior, Jr., Ass*t Treasurer. 

Directors. — Carlos C. Kimball, Gurdon W. Russell, George G. Sill, Fred- 
erick R. Foster, Samuel G. Dunham, John G. Root, Nathaniel Shipman, 
Atwood Collins, Rienzi B. Parker, D. Newton Barney, Chas. Edw. Prior, 
Lyman B. Brainerd, Sidney W. Crofut, Martin C. Hillery. 



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884 BAJTK COMMISSIONER*' REPORT. 



THE SOUTH NOBWALK TRUST COMPANY. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $391,086.04 

Overdrafts, 260.39 

Stocks and securities, 126,140.25 

Furniture and fixtures, 3,000.00 

Banking house, 22,400.00 

Due from other banks, bankers, and trust companies, . . 8,986.51 

Due from approved reserve agents, 39,160.45 

United States and national bank notes, 20,913.00 

Gold coin, 1,388.00 

Silver coin, 1,200.00 

Minor coin, 263.80 

Checks and cash items, . . . . • . . . . 2,000.75 

Total assets, $616,799.19 

LIABILITIES. 

Capital stock, $50,000.00 

Surplus fund, 4,000.00 

Other undivided profits, less current expenses and taxes paid, 12,195.21 

Due to banks, bankers, and trust companies, .... 4,208.74 

General deposits, 121,/ 15.71 

Deposits in savings department, 401,703.48 

Trust funds, 22,976.05 

Total liabilities, ' . $616,799.19 

Past-due paper, % . $150.00 

Par value of stock, $50; market value, $50. 
Rate per cent, of last dividend, and when paid, no dividend paid. 
Do the loans and discount) to parties in this state amount to one-half of the 
capital stock? Yes. 

Richard H. Golden, President. Edwin O. Keeler, Vice-President.. 

Chas. E. Hott, Treasurer. 

Directors. — R. H. Golden, Nelson Taylor, Franklin A. Smith, Thos. L. 

Raymond, C. E. Seymour, J. R. Taylor, C. E. Hoyt, E. O. Keeler, A. B. Wood- 
ward. 



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885 



THE SOUTHPORT TBUST COMPACT. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $23,307.25 

Stocks and securities, 50,910.00 

Furniture and fixtures, 187.30 

Banking house, - 6,000.00 

Due from other banks, bankers, and trust companies, . . 3,084.41 

Due from approved reserve agents, 8,753.12 

United States and national bank notes, ..... 8,534.00 

Gold coin, 215.00 

Silver coin, 1,335.60 

Minor coin, 405.44 

Checks and cash items, 584.55 

Expenses of organization and equipment, .... 654.71 

Total assets, $103,971.38 

LIABILITIES. 

Capital stock, $25,000.00 

Other undivided profits, less current expenses and taxes paid, 1,052.53 

Due to banks, bankers, and trust companies, .... 1,142.00 

General deposits, 76,771.60 

Treasurer checks, 5.25 

Total liabilities, $103,971.38 

Past-due paper, none. 

Par value of stock, $100; market value, no sales. 
Rate per cent, of last dividend, and when paid, none. 

Do vthe loans and discounts to parties in* this state amount to one-half of the 
capital stock? Yes. 

A. O. Jennings, President. W. H. Pebby, O. G. Jennings, Vice-Presidents. 
R. G. Demabest, Treasurer. 

Directors. — John H. Perry, Oliver G. Jennings, Edward T. Bedford, 

Chas. M. Gilman, Joseph L. Hetzel, Winthrop H. Perry, Chas. M. Tain tor, 
Elmore S. Banks, Arthur O. Jennings. 



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886 BANE commissioners' report. 

THE STAMFORD TEUST COMPANY, STAMFORD. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $1,543,759.94 

Overdrafts, 400.30 

Stocks and securities, 748,318.09 

Real estate, 25,787.41 

Due from other banks, bankers, and trust companies, . 28.979.45 

Due from approved reserve agents, 138,955.80 

United States and national bank notes, 51,557.00 

Gold coin, 964.24 

Silver coin, 1,047.55 

Minor coin, 1,945.60 

Checks and cash items, . 13,258.25 

Total assets, $2,554,973.63 

LIABILITIES. 

Capital stock, $200,000.00 

Surplus fund, $100,000.00 

Other undivided profits, less current expenses and taxes paid, 53,546.05 

Due to banks, bankers, and trust companies, .... 19,175.00 

Dividends unpaid, 81.00 

General deposits, 316,086.13 

Deposits in savings department, 1,661,503.35 

Trust funds, 203,762.18 

Treasurer's checks, £19.92 

Total liabilities, $2,554,973.63 

Past-due paper, $797.00 

Par value of stock, $100; market value, . 

Rate per cent, of last dividend, and when paid, 3 per cent., August 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

John A. Brown, President. Walton Ferguson, Vice-President. 

W. D. Daskam, Treasurer. 

Directors. — John A. Brown, Walton Ferguson, Albert J. Hatch, Samuel 
Fessenden, Wm. H. Judd, Henry K. McHarg, Chas. H. Lounsbury, Schuyler 
Merritt, Wm. W. Skiddy. 



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BANK commissioners' bepobt. 887 

THE THAMES LOAN & TEUST COMPANY, NORWICH. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts,- $282,250.71 

Overdrafts, ' 63.08 

Stocks and securities, 39.906.00 

Premium account, 3,035.00 

Furniture and fixtures, 1,900.00 

Banking house, 10,000.00 

Due from other banks, bankers, and trust companies, . . 12,147.59 

Due from approved reserve agents, 13,236.13 

United States and national bank notes, 6,147.00 

Gold coin, 3,700.00 

Silver coin, 1,300.00 

Minor coin, 140.59 

Checks and cash items, 6,410.43 

Total assets, $380,225.53 

LIABILITIES. 

Capital stock, • . $100,000.00 

Surplus fund, 50,000.00 

Other undivided profits, less current expenses and taxes paid, 8,173.16 

Due to banks, bankers, and trust companies, .... 3,276.53 

Dividends unpaid, 200.00 

General deposits, 123,826.14 

Deposits in savings department, 94,749.70 

Total liabilities, $380,225.53 

Past-due paper, . 

Par value of stock, $100; market value, . 

Rate per cent, of last dividend, and when paid, 2 per cent., July 15; 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

F. S. Jerome, President. R. W. Perkins, Treasurer. 

Directors. — J. Hunt Smith, F. S. Jerome, R. W. Perkins, M. E. Lincoln, 
J. L. Mitchell, Ira L. Peck, E. H. Knowles, F. W. Browning, A. L. Potter, 
H. H. Gallup, Angus Park, Nelson J. Ayling. 



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888 



THOMPSONVILLE TRUST COMPANY, THOMPSONTILLE. 

STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $107,218.92 

Stocks and securities, 8,846.25 

Banking house, 4.000.00 

Other real estate, 1,100.00 

Due from other banks, bankers, and trust companies, . . 20,227.44 

Due from approved reserve agents, 27,029.71 

United States and national bank notes, 7,431.00 

Gold coin, 3.380.03 

Silver coin, 2,051.00 

Minor coin, 100.58 

Total assets, $181,384.90 

LIABILITIES. 

Capital stock, $25,000.00 

Surplus fund, 27,656.84 

Other undivided profits, less current expenses and taxes paid, 909.39 

Due to banks, bankers, and trust ^companies, . . . 1,571.19 

Dividends unpaid, 163.50 

General deposits, 126,083.98 

Total liabilities, $181,384.90 

Past-due paper, $5,415.00 

Par value of stock, $25; market value, $35. 

Rate per cent, of last dividend, and when paid, 3 per cent., April 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Lyman A. Upson, President. Tudor Gowdy, Vice-President. 

Willis Gowdy, Cashier and Treasurer. 

Directors. — L. A. Upson, Willis Gowdy, Tudor Gowdy, G. A. Douglass, 
Robert Gowdy. 



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BANK COMMISSIOtfEBS' BEPOBT. 889 

THE UNION TRUST COMPANY, NEW HAVEN. 
STATEMENT, SEPTEMBER 6, 1904. 

ASSETS. 

Loans and discounts, $377,003.47 

Stocks and securities, 248,646.21 

Banking house, 2.000.00 

Due from other banks, bankers, and trust companies, . . 17,787.44 

Due from approved reserve agents, 84,277.71 

United States and national bank notes, 48,185.00 

Gold coin 6,130.00 

Silver coin, 926.25 

Minor coin, 116.54 

Checks and cash items, 14,080.82 

Total assets, $799,153.44 

LIABILITIES. 

Capital stock $100,000.00 

Surplus fund, 65.000.00 

Other undivided profits, less current expenses and taxes paid, 79.083.72 

Due to banks, bankers, and trust companies, .... 4,075.33 

General deposits, 540,994.39 

Contingent fund, 10,000.00 

Total liabilities, $799,153.44 

Past-due paper, $6,301.01 

'Par value of stock. $100; market value, none on market. 
Hate per cent, of last dividend, and when paid, 3 per cent., July 1, 1904. 
Do the loans and discounts to parties in this state amount to one-half of the 
capital stock? Yes. 

Henry L. Hotchkiss, President. Louis H. Bristol, Vice-President. 

Eugene S. Bristol, Treasurer. 

Directors. — Louis H. Bristol, Henry L. Hotchkiss, Eugene S. Bristol, 
Ezekiel G. Stoddard, H. Stuart Hotchkiss, Henry H. Townshend. 



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LAWS 



BEULTIKG TO 



BANKS, SAVINGS BANKS, 



AND 



TRUST COMPANIES. 



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GENERAL STATUTES. 



Revision op 1902. 



Construction of Statutes. 

§ 1. Construction of statutes; words and phrases. ^Sg^ii. 

In the construction 1 of all statutes of this state, words and 
phrases shall be construed according to the commonly approved 
usage of the language; 2 and technical words and phrases, and 
such as have acquired a peculiar and appropriate meaning in 
the law, shall be construed and understood accordingly. 

The phrase " railroad company " shall be construed to mean tH&La 
and include all corporations, trustees, receivers* or other per- company, 
sons, that lay out, construct, maintain, or operate a railroad 
operated by steam power, unless such meaning would be repug- 
nant to the context or to the manifest intention of the general 
assembly. 

The term "banks" shall include all incorporated banks. ^^Siiki? 1 * 

The term "savings banks" shall include savings banks, so- savings bank*, 
cieties for savings, and savings societies. 

The term "public buildings" shall include a statehouse, Rev.i876,p.Ma,. 
courthouse, countyhouse, townhouse, arsenal, magazine, prison, public 8 buiidv 
jail, workhouse, poorhouse, market, or other building belonging ***■• 
to this state, or to any county, town, city, or borough in this 
state, and any church, chapel, meeting-house, or other building 
generally used for religious worship, and any college, academy, 
schoolhouse, or other building generally used for literary in- 
struction. 

Words importing the singular number may extend and be Number, 
applied to several persons or things, 8 and words importing the 
plural number may include the singular. 

f 1* (1) The history and progress of laws furnish a legitimate and useful 
aid in their construction. 20 O. 518 ; (2) 61 C. 12. 63 C. 888 ; (8) 67 C. 57 ; 
(4) 67 C. 57 ; (5) 67 C. 289, 68 C. 615 ; (6) 69 C. 867, 67 C. 48, 49, 469, 70 
C. 565. 



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BANK COMMISSIONERS' EEPOET. 



Qender. 
•Joint authority. 



Month. 
Tear. 



Oath. 
Sworn. 



Person, 



Preceding, 
following, 
succeeding. 



Ber.igtt. 
Notice by 
publication. 



1881. 
Repeal of stat- 
ute; effect of. 

1881. 
Punishments, 
penalties, pend- 
ing suite, and 
prosecutions 
not affected by 
repeal. 



1881. 



Words importing the masculine gender may be applied ttf 
females. 4 

Words purporting to give a joint authority to several per- 
sons shall be construed as giving authority to a majority of . 
them. 

The word " month " shall mean a calendar month, and the 
word " year " a calendar year, unless otherwise expressed. 

The word " oath " shall include affirmations in cases where 
by law an affirmation may be used for an oath, and, in like 
cases, the word "sworn" shall include the word "affirm." 

The words "person" and "another" may extend and be 
applied to communities, companies, corporations, public or pri- 
vate, societies, and associations. 

The words "preceding," "following," and "succeeding," 
when used by way of reference to any section or sections, shall 
mean the section or sections next preceding, next following, or 
next succeeding, unless some other section is expressly desig- 
nated in such reference. 

Whenever notice of any action or other proceeding is re- 
quired, either by statute or by order of court, to be given by 
publication in a newspaper, the newspaper selected for that 
purpose, unless otherwise expressly prescribed, shall be one pub- 
lished in this state and having a substantial circulation in the 
town in which at least one of the parties, for whose benefit said 
notice is given, resides. 

When a statute repealing another is afterwards repealed the 
first shall not be revived without express wor^s to that effect 

The repeal of an act shall not affect any punishment, pen- 
alty, or forfeiture incurred before the repeal takes effect, or any 
suit, or prosecution, or proceeding pending at the time of the 
repeal, for an offense committed, or for the recovery of a penalty 
or forfeiture incurred under the act repealed. 5 

The passage or repeal of an act shall not affect any action 
then pending. 6 



Rev. 1888, M18. 
1880, ch. 99. 



§ 2. When public and special acts take effect, ah 

public acts, except when otherwise therein specially provided, 
shall take effect on the first day of July following the adjourn- 
ment of the session of the general assembly at which they are 
passed, and special acts, unless otherwise therein provided, from 
the day of their approval. 



18881 m. im §254. Trust funds, hOW invested. Trust funds, unless 
Eer. 1888, $486. ft j 8 otherwise provided in the instrument creating the trust, 

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FRAUDS AND FAL8E PRETENSES. 5 

may be loaned on the security of mortgages on unincumbered 
real estate in this state, double in value the amount loaned, or 
may be invested in such mortgages or in the bonds or loans of 
this state, or of any town, city, or borough of this state, or in 
any bonds, stocks, or other securities which the savings banks 
in this state are or may be authorized by law to invest in, or 
may be deposited in savings banks incorporated by this state. 

§ 888. Service on bank or trust company as garni- 88: *. «£ 

Shee. Whenever a bank, savings bank, or trust company, is 
named as garnishee, process shall be served by leaving a copy 
thereof at the garnishee's principal office during its regular 
hours of business, or by leaving such copy with its treasurer, 
cashier, or teller. 

§1201. Unlawful waste on mortgaged premises, **. !%*;&*. 

Every person claiming the right of possession, whether as mort- 
gagor or otherwise, to any land subject to any mortgage duly 
executed and recorded, who shall, while such mortgage is un- 
released of record, impair the value of the premises subject to 
such mortgage by removing, destroying, or injuring any build- 
ing or fixture on the land so mortgaged, or by cutting wood not 
necessary for firewood to be used on said land by the family of 
the mortgagor, or by any other means, without the consent in 
writing of whoever appears of record to be the owner of, or 
interested in, such mortgage, and with intent to defraud any 
owner or person interested in such mortgage, or with intent to 
lessen the value of the property subject to such mortgage, to 
the injury of any person owning or interested in such mortgage, 
shall be fined not more than one hundred dollars, or imprisoned 
not more than three months, or both. 

§ 1412. Embezzlement by public officer and others, j^&ffihn. 

Every officer or agent of any public, municipal, or private cor- 
poration, every executor, administrator, guardian, conservator, 
and every trustee under a testamentary or express trust, who 
shall wrongfully appropriate and convert to his own use the 
money, funds, or property of such corporation, estate, ward, 
trust, or other person, shall be fined not more than ten thou- 
sand dollars, or imprisoned not more than ten years, or both. 

8 1801. Cited 72 C. 470 ; 73 C. 117. 

8 1418. Cited 70 C. 274, 375. Collector cf town taxes is a town officer or 
agent within meaning of this section. 73 C. 97. 



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6 BANK COMMISSIONERS' REPORT. 

B^S&aSn. § 1415 - Obtaining money by false pretenses. Every 

ii»7 ch m P er80n w ^° 8 ^ a U> by an y false token, pretense, or device, obtain 
i8«>; ch. i4i! from another any valuable thing, or any leasehold interest, or 
the performance of any valuable service, with intent to defraud 
him or any other person; or who shall obtain from another per- 
son any valuable thing, or the performance of any valuable 
service, by means of delivering a check, order, or draft on a 
third party, purporting to be an order for the payment of 
money, when such person knows that the maker is not entitled 
to draw on the drawee for the sum specified, shall be fined not 
more than five hundred dollars, or imprisoned not more than 
three years, or both. 

i8»,ch.i«. § 1422. False entries by bank officials. Every treas- 
urer, cashier, officer, clerk, or agent, or employee, of any savings 
bank, trust company, bank, or banking association in this state, 
who shall make any false entry upon the collection or forward- 
ing register, or any other book of said savings bank, trust com- 
pany, bank, or banking association, with intent to deceive the 
bank commissioners of this state, or the officers or auditors of, 
or any person appointed to examine the affairs or condition of, 
such savings bank, trust company, bank, or banking association, 
and any person who with like intent aids or abets any treasurer, 
officer, clerk, or agent in any violation of this section, shall be 
imprisoned not more than ten years. 

iSS&m: § 1 969 - Deposit of public money and trust funds. 

low, ch. 148, §18. Any public official of the state, or of any county, municipality, 
or school district, is hereby authorized to deposit any funds or 
moneys in his hands belonging to the state, or to such county, 
municipality, or district, or held by him as such official, or as 
a trustee, in and with any national or state bank or trust com- 
pany in this state; provided, however, that such deposits shall 
only be made in his name as such official or trustee, or in the 
name of the state, county, municipality, or school district, to 
which the money belongs, and that in no case shall the deposit 
by such official in any one bank or trust company exceed in 
aggregate at any one time thirty per cent, of the capital, sur- 
plus, and undivided profits, of such bank or trust company; 
and provided, further, that whatever interest or other pecuniary 

f 1415. What facts within this section. 12 C. 111. Particular kind of 
false pretense must be alleged. 27 C. 320. Mere naked assertion may be 
false pretense. lb. 591. Evidence of pecuniary ability inadmissible to rebut 
motive. lb. 592. False pretenses must be made before property is obtained. 
48 C. 479. 



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ASSESSMENT OF TAXES. 7 

txmsideration such bank or trust company shall allow for or 
upon such deposit shall belong to and accrue to the benefit of 
the state, or such county, municipality, or district. Nothing 
herein shall affect the provisions of the charter of any munici- 
pal corporation. 

Taxation. 

[Public Acts of 1903, Senate Bill No. 175, Chapter 204.] 

An Act concerning Taxes on Corporations. 

§ 2331. Certain corporations to report and pay tax ggjg&lt$ 

to State. Penalty. Section 2331 of the general statutes is ^^g^' 

hereby amended to read as follows : The secretary, treasurer, or asar, wis, ana, 

cashier, of every bank, national banking association, trust, insur- 1889, cha. es, 

ance, investment, and bridge company, whose stock is not exempt ism, cha. lea, 

from taxation, shall annually in October, on or before the fifteenth ^ 1 Si 158, 

day thereof, file in the office of the tax commissioner of this igM^ire. 

state a statement under oath, showing the number of shares of 19W » Jjj- 1( * 

its capital stock and the market value thereof on the first day i«Mh.***. 

of October, the name and residence of each stockholder, and 

the number of shares owned by each on said last named date; 

and on or before the last day of the following February each of 

the corporations aforesaid shall pay to the treasurer of this state 

a tax of one per cent on the market value of each share of its 

stock, as such value may be determined under the provisions of 

§ 2332, less the amount of taxes paid by such corporation upon 

its real estate in Connecticut during the year ending on the first 

day of said February; all of which real estate shall be assessed 

and taxed in the town or other taxing district within which it 

is located. 

[General Statutes.] 19W| chg ^ 10d| 

§ 2332. Hearings before board of equalization. Dur- 
ing the months of October, November, and December, in each 
year the board of equalization shall hear all persons interested 
respecting the correctness of said statements, may require other 
and further information from said corporations, and shall de- 
termine the market value of the shares of the capital stock of 
each of said corporations as of the first day of the said October. 
A written notice of the taxable value of its shares as thus fixed 
and determined by said board shall be mailed by said tax com- 
missioner, postage paid, to each of said corporations on or be- 

f 888L Under former statute secretary not liable for the tax, bat only 
for the forfeiture. 68 C. 811. 



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REPORT. 

fore the thirty-first day of December in each year. Every 
secretary, treasurer, or cashier, who shall fail to comply with 
any provision of § 2331 or of this section, shall be fined not 
more than one thousand dollars, imprisoned not more than two 
years, or both. 

IS' US Sft § 2333 - statc remits to taxln 9 districts. Nonresi- 

Heii&ifiBm dent Stock. On or before the fifteenth day of April in each 
8887*, wis, me, year, the treasurer of the state shall remit to the treasurer of 
1889, cha. 68, each town in the state, or, in towns where the town and city 
1808, c£. 160, governments are consolidated, to the city treasurer, the amount 
1897, chi. 158, oi the tax received as aforesaid upon such shares of the capital 
i89o,^ch. 178. St ** of any of the aforesaid corporations as were, on the first 
looi, ch. 106. day f October of the preceding year, owned by persons who 
resided or corporations which were located in such town, sub- 
ject to the deductions provided for in § 2334. Each of the 
aforesaid town and city treasurers shall, on or before the first 
of May in each year, distribute the tax derived from the shares 
which were owned by each stockholder resident or located therein 
on the first day of the preceding October, among the taxing dis- 
tricts, including therein the town, in which said stockholder 
then resided or was located, in the proportion that the tax rate 
fixed by each of such districts within the twelve months next 
preceding said first day of May bears to the combined or total 
tax rate of all said taxing districts; to the end that such town 
and the taxing districts therein may, together, receive the same 
amount of tax that they would have received had said shares 
been listed in the name of the stockholders resident or located 
therein, and assessed and taxed at the valuation fixed by the 
board of equalization, and at an aggregate rate equal to the 
rate prescribed in § 2331. The tax derived from the shares of 
any national banking association located in this state, which 
were on the first day of the preceding October owned by non- 
residents of this state, shall be paid over to the treasurer of the 
town within which such banking association is located. 

low, ch. io6. § 2334. Exemptions and deductions. So much of the 

deposits of any savings bank as was, on the first day of April, 
1901, invested in the shares of the capital stock of any of the 
aforesaid corporations shall, so long as it remains invested in 
the same shares, be exempt, to the amount of the market value 
of said shares, as determined by the aforesaid board of equaliza- 
tion, from payment of the tax required by § 2422. If the 
annual dividend hereafter paid by any of the corporations men- 
tioned in § 2331 shall not equal the average annual dividend 



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ASSESSMENT OF TAXES. V 

paid by it for the -&ve years next preceding January first, 1901, 
any charitable, ecclesiastical, educational, or benevolent associa- 
tion, corporation, or society, located in this state, whose prop- 
erty is exempt from taxation, shall, upon proof of these facts 
and upon compliance with the provisions of this section, be 
entitled to demand and receive from the treasurer of this state, 
and said treasurer shall pay to each of said associations, corpo- 
rations, or societies, such sum not exceeding one per cent, upon 
the market value of the shares of stock held by it in any of the 
aforesaid corporations, as may be required to make the dividend 
for the preceding calendar year equal to the average annual 
dividend paid by such corporation for the five years next pre- 
ceding the first day of January, 1901; but no such payment 
shall be made unless written application therefor is made during 
the month of March, and then only upon proof satisfactory to 
the state treasurer that the applicant was the owner of the 
shares upon which such payment is demanded, on the first day 
of April, 1901, and has ever since continued to own them. The 
payments herein provided for shall cease on the thirty-first day 
of March, 1906, and until then shall be made only from the 
taxes paid to the treasurer by the respective corporations tax- 
able under §§ 2331 to 2335, both inclusive. 

§ 2335. Stockholders exempt. Treasurer collects un- ""< <** "»> 

paid taxes. Stockholders in the corporations mentioned in 
§ 2331 shall be exempt from taxation upon their shares of stock 
except as in said section provided. The state treasurer shall 
sue for and collect any tax due under the provisions of §§ 2331, 
2332, 2333, 2334, and this section, which remains unpaid. 

§ 2336. Returns by corporations of pledged stocks ^ .fig^ 

and bonds. The cashier of each bank and national banking i«7, ch. aa 
association, the treasurer of each savings bank, and the secre- 
tary of each corporation incorporated by the laws of this state, 
shall, upon the request of the assessors of any town, city, or 
borough, inform them of the name of any person therein who 
owns stock or bonds held by such corporation as collateral se- 
curity for any indebtedness or liability, and the amount and 
description of such stock or bonds ; and any such cashier, treas- 
urer, or secretary, who shall neglect to furnish such informa- 
tion to the assessors of any town, city, or borough, where said 
stock or bonds are liable to be taxed, shall forfeit one hundred 
dollars to said town, city, or borough. 



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10 BANK COMMISSIONERS' REPORT. 

[Public- Acts of 1903, Senate Bill No. 176, Chapter 180.] 
An Act concerning Returns by and Tax on Savings Banks. 

l ™bnThn!^ § 2422. Returns by, and tax on, savings banks. Sec- 

^lWR^tlflL 8 * ^ on 24 ^ °* *e g enera l statutes is hereby amended to read as 
follows : The treasurer of each savings bank shall, on or before 
the tenth day of January, annually, deliver to the comptroller a 
sworn statement of the amount of all its deposits, exclusive of 
surplus, on the first day of said month; also of the amount in- 
vested in any bonds issued by this state, or by any town or city in 
this state, in aid of the construction of any railroad, and which, by 
the statutes of this state, are exempt from taxation; also of the 
amount invested in certain corporate stocks, as provided in 
§ 2334 ; also of the assessed value of all real estate assessed against 
said savings bank in the year preceding the first day of said Jan- 
uary, together with a specific list of the same, and the amount of 
taxes paid or payable thereon during said year ; and every savings 
bank shall pay to the state, one-half on or before the twentieth 
of January and one-half on or before the twentieth of July in 
every year, a tax on its corporate franchise, computed as follows : 
From the amount of its deposits, exclusive of surplus, shall be 
deducted fifty thousand dollars, and also the amount invested in 
any bonds issued by this state, or by any town or city in this 
state, in aid of the construction of any railroad, and which, by 
the statutes of this state, are exempt from taxation, and also 
the amount invested in certain corporate stocks as provided in 
§ 2334; and the annual tax shall equal one-fourth of one per 
cent, of the amount of its deposits remaining, less the amount of 
taxes payable by it upon its real estate in Connecticut during 
the year prior to the first day of said January; all of which real 
estate shall be assessed and taxed in the town or other taxing 
district within which it is located. Said state tax shall be in 
lieu, of all other taxes upon savings banks, their deposits and 
surplus, except the aforesaid taxation upon their real estate. 

[Public Acts of 1903, House Bill No. 485.] 
Extracts from Chapter 194. 

§ 20. Pledge Of $tOCk. Shares of stock in any corpora- 
tion organized under the laws of this state or of the United 
States, or treasurer's receipts for payment on subscription to 
the stock of any corporation organized under the laws of this 
state, may be pledged by delivering the certificate of such stock 
or such receipt to the pledgee, with a power of attorney for its 
transfer; but no such pledge shall be effectual to hold such stock 
against any person other than the pledgor, his executor, or 

S 8488. No deduction allowed became of eecnrttlet of the United States exempt from 



taxation. 32 C. 178. 



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GENERAL PROVISIONS CONCERNING CORPORATIONS. 11 

administrator, unless there shall be an actual transfer of the 
same upon the books of the corporation, or unless a copy of such 
power of attorney shall be filed with the corporation. 

§ 24. Failure to hold meeting or elect officers. When- 
ever any corporation shall have failed to hold its annual meeting 
or to elect officers thereat, and no provision is contained in its 
charter, articles of association, certificate of incorporation, or 
by-laws, or is made by law, otherwise than is provided in this 
section for such contingency, the officers of such corporation 
shall hold office until others shall be chosen in their stead, and 
a special or annual meeting may be called by the persons whose 
duty it is to call the annual meeting, or, on the neglect or re- 
fusal of such persons, by not less than three of the members of 
a corporation having no capital stock, or by the holders of one- 
tenth of the capital stock of corporations having capital stock, 
by giving in writing such notice as is required in calling the 
annual meeting, and at such meeting the necessary officers may 
be elected, and the failure aforesaid shall not impair the rights 
of such corporation. Nothing in this section shall revive any 
corporation whose powers may have expired for any cause other 
than that hereinbefore named or any corporation which in fact 
shall have abandoned and ceased to exercise its powers and 
franchises. 

§ 25. Stockholders' vote; proxies. At all stockhold- 
ers* meetings stockholders may vote in person or by an attorney 
duly authorized by a written power. Every share of stock 
shall entitle the holder thereof to one vote except when other- 
wise provided in its charter or certificate of incorporation or in 
any statute affecting it, and persons holding stock in a fiduciary ■ 

capacity and pledgors of stock shown to be such by the record of 
transfer shall have the same voting rights upon shares of stock 
so held as any holder of such shares would have, except that 
pledgors in the transfer of stock may expressly empower the 
pledgees to vote thereon. No proxy hereafter made shall be 
valid after the expiration of eleven months from the date of its 
execution. 

§ 43. Alteration and repeal of charters, ah acts 

creating or authorizing the organization of corporations or alter- 
ing the charters of corporations, which have been or shall be 
passed by the general assembly, and all charters under which no 
corporation has-been organized, shall be subject to alteration, 
amendment, and repeal at the pleasure of the general assembly, 
unless otherwise expressly provided in such acts; but no such 
amendment or repeal shall impair any remedy against any such 
corporation or against its officers, directors, or stockholders, for 

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12 BANK COMMISSIONERS' REPORT. 

any liability which shall have been previously incurred; and all 
such amendments shall apply to every corporation except in so 
far as is otherwise expressly provided. 

§ 46. Location not to be changed. No bank, savings 

bank, insurance company, or trust company shall change its 
location from one town to another except by an act of the gen- 
eral assembly. s 

§54. Charter without organization void after two 

years. The charter of every specially chartered corporation, 
except a street railway company, and except as otherwise spe- 
cially provided by law, shall be void, unless such corporation 
shall be organized and a certificate of such organization, sworn 
to J>y the president or secretary, or, if there be no such officers, 
by an officer having custody of the records of such corporation, 
shall be filed in the office of the secretary of the state within two 
years from the date of the approval of such charter. The sec- 
retary shall thereupon record such certificate in a book kept by 
him for that purpose. 

§ 55. Acceptance and effect of charter amendment 

When any amendment or alteration of the charter of any spe- 
cially chartered corporation shall be made, if it be not otherwise 
specially provided in the resolution making such alteration or 
amendment, it shall not become operative unless, within six 
months after its passage, it shall be accepted at a meeting of 
such corporation warned and held for that purpose, nor unless, 
within said period, an attested copy of said acceptance shall be 
filed in the office of the secretary of the state, to be recorded by 
him in a book kept for that purpose; and such acceptance shall 
make the original charter and all resolutions amending and 
altering the same subject to amendment, alteration, and repeal, 
at the pleasure of the general assembly. If such amendment 
* shall be made before the acceptance of the original charter, then 
such amendment may be accepted at the same time such original 
charter is accepted. 

[General Statutes, Chapter 199.] 
State Banks and Trust Companies. 

1886. § 3399. Banks organized under act of 1852. All 

Rev. 1888, §1761. bankg organ i ze( i ^for the act of 1852, entitled " An Act to au- 
thorize the Business of Banking," shall retain and enjoy all the 
rights and privileges conferred and be subject to all the re- 
strictions imposed by said act and the several acts in addition 
thereto; and all said acts shall remain in force as private acta 
for the government of said institutions only, and shall be subject 
to alteration, amendment, or repeal. 

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STATE BANKS AND TRUST COMPANIES. 13 

§ 3400. Reserve fund. Every state bffnk and trust com- ^ $g* im . 
pany shall at all times maintain a reserve fund of fifteen per 1901 » ch - "^ l 1 - 
cent, of its aggregate deposits. Of this reserve fund, not less 
than four-fifteenths shall consist of gold and silver coin, the de- 
mand obligations of the United States, or national bank cur- 
rency, and be held by such bank or trust company in its banking 
office. The remainder of such reserve fund may consist of bal- 
ances subject to demand draft with reserve agents and of railroad 
bonds which are legal investments for the savings banks of this 
state; provided, that such reserve agents shall be banks which 
are members of the clearing house associations of New York, 
Boston, Philadelphia, Chicago, or Albany, or state banks or 
trust companies located in New Haven or Hartford, and in each 
instance approved by the bank commissioners, and that the rail- 
road bonds, held as a part of such reserve, shall at no time ex- 
ceed at par value one-fifth of the total reserve fund. Whenever 
the reserve fund of any state bank or trust company shall be 
below said fifteen per cent., such bank or trust company shall 
not make any new loans or discounts, or make Any dividends of 
its profits, until its reserve fund is restored to the required fifteen 
per cent. The bank commissioners shall notify any state bank 
or trust company whose reserve fund shall fall below said fifteen 
per cent., and if such bank or trust company shall fail for thirty 
days thereafter to make good such reserve fund, the bank com- 
missioners may apply for the appointment of a receiver to wind 
up its business. 

§ 3401. Loans and discounts restricted. No state ^jjjSJgg; 

bank or trust company shall make any loan or discount on a mw", chTie, §».' 
pledge of its own stock, or establish any branch office, or agency 
thereof, or employ any agent or person to make loans or dis- 
counts at any other place than its banking house. 

§ 3402. Loans to one person limited; penalty. The jjfgyjg}^ 

total liabilities to any state bank or trust company of any person, Jff*^{JP*. 
corporation, or firm, for money borrowed, including in the lia- 
bilities of a firm the liabilities of the several members thereof, 
shall at no time exceed ten per cent, of the amount of the capital 
stock of such bank or trust company actually paid in and its 
surplus and undivided profits combined; and the provisions of 
all state bank or trust company charters inconsistent herewith 
are hereby repealed. The provisions of this section shall not 
apply to loans securecf by collateral, so long as the market value 
of such collateral shall exceed by twenty per cent, the total lia- 

| 8401, Refers to specific pledge; not Inconsistent with lien for stock- 
holder's debt. 26 C. 157. Prohibition of loans on its stock implies prohibi- 
tion of purchase of stock by corporation. 52 O. 99. 



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1* 

bilities secured in each case by such collateral, but no loan on 
collateral shall at any time exceed twenty per cent, of the amount 
of the capital stock of such bank or trust company actually paid 
in and its surplus and undivided profits combined, and the total 
loans to any one person, corporation, or firm, including in the 
liabilities of the firm the liabilities of the several members 
thereof, shall at no time exceed twenty per cent of the capital, 
surplus, and undivided profits combined of such bank or trust 
company. Every state bank or trust company which shall vio- 
late any provision of this section shall forfeit three thousand dol- 
lars to the state for each offense. 

Rev. i^*i765. § 3403. Paper indorsed by officers not to be dis- 

lwi', ch. i«, §4.' counted. No state bank or trust company shall discount any 
paper made, accepted, or indorsed by any of its executive officers 
or clerks, or by any partnership of which any one of such officers 
or clerks is a member. 

Btr.uS'tim § 34M* Loans to nonresidents. When the loans and 

i9oi", ch. lfc, |6. discounts of any state bank or trust company to parties in this 

state shall, in the aggregate, amount to one-half of its capital 

stock, it may loan to parties out of this state, and not otherwise. 

R«v w am "§ 3* 08 - Special examination of books. The commis- 

iwii ch, 148, fo! sioner of the school fund may at any time examine the books 
and accounts of any state bank or trust company in which there 
is stock belonging to the school fund; and the treasurer of the 
j state shall have the same right concerning any state bank or 

J trust company in which the state owns stock. 

Rev ill Sim. §3406. Stockholders may examine books. Thestock- 

iwi", cOo, §7. holders of any state bank or trust company at the annual meet- 
ing or at any special meeting, which any five stockholders owning 
not less in all than flne hundred shares of stock are authorized 
to call for that purpose, may examine the books, accounts, securi- 
ties, and expenditures of such state bank or trust company. 

Bi^ShMHu. § 3407. Voting on certain stock restricted; penalty. 

i90i', ch. 14a, |8. No person shall vote on stock at a meeting of the stockholders of 
any state bank or trust company, if such stock has been trans- 
ferred to such bank or trust company, or to any person in trust 
for it; provided, that a trust company which holds such stock as 
guardian, conservator, administrator, executor, or trustee under 
a will or of an express trust may vote thereon. Every person 
who shall vote in violation of this section shall be disqualified 
from holding any office in such bank or trust company for one 
year thereafter. 

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STATE BANKS AND TRUST COMPANIES. 15 

§ 3408. Challenges. When a* any meeting the right of B^.iSgw 
any person to vote on any stock is denied, he shall not be per^ i^cETUS,*. 
mitted to vote until he has lodged with the presiding officer of 
such meeting his affidavit, stating his interest in such stock and 
also the character and amount of the interest therein, if any, 
owned by any other person. 

§ 3409. Vote on state and school fund stock. The ^jg™ 

commissioner of the school fund may vote upon the stock of i»i, ch.HMiol 
any state bank or trust company which belongs to said fund, 
and the treasurer of the state may vote upon the stock of any 
state bank or trust company which belongs to the state. 

§ 3410. Resident directors. Three-fourths of the num- H§ wjyj , » 
ber of directors of any state bank or of the trustees or directors lwilch.wj in.' 
of any trust company shall be residents of this state. 

§3411. Loans to directors limited; penalty. No ^^jgj 

director of any state bank or director or trustee of any trust com- 1 ^ c V*!: g 
pany shall be obligated to any such bank or trust company to an 
amount exceeding five per cent, of its capital actually paid in 
and its surplus and undivided profits combined; and no such 
bank or trust company shall permit its directors or trustees to 
become obligated to it to an amount at any one time exceeding 
in the whole the sum of twenty per cent, of its capital actually 
paid in and its surplus and undivided profits combined. The 
provisions of this section shall not apply to loans secured by 
collateral, so long as the market value of such collateral shall 
exceed by twenty per cent, the total liabilities secured in each 
case by such collateral; but such loans on collateral to any one 
director or trustee shall at no time exceed ten per cent, of the 
capital stock of such bank or trust company actually paid in and 
its surplus and undivided profits combined. Every state bank 
or trust company which shall violate any provision of this sec- 
tion shall forfeit to the state not less than five hundred nor 
more than one thousand dollars for each offense. 

§ 3412. Directors not to Indorse for compensation; ^ T ^S' iim 

penalty. If any director of any state bank or any trustee or isou cEumii 
director of any trust company shall receive any compensation for 
indorsing any paper discounted by such bank or trust company, 
he shall be fined not less than five hundred nor more than one 
thousand dollars for each offense. 



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16 BANK COMMISSIONERS' REPORT. 

Ber.iSS ji78a § 3413. Directors' duties in declaring dividend; 

iwi,ch.i4t §14. penalty. The directors of every state bank and the directors or 
trustees of every trust company, in making any dividend, shall 
take the question thereon by yeas and nays, which shall be 
recorded on its records; and no such bank or trust company 
shall declare any dividend except from its earnings remaining 
after deducting all losses, all sums due for expenses, and all 
overdue debts upon which no interest has been paid for a period 
of six months, unless the same are well secured and in process 
of collection. The trustees or directors voting for any dividend 
in violation of any provision of this section shall be fined five 
hundred dollars, for which they shall be jointly and severally 
liable. 

Ber.S* |i78i. § 3414. Reduction Of Capital. The directors of any 

i9oi, ch.144, $15. gtate bank or the trustees or directors of any trust company may, 

by vote of its stockholders, reduce its capital stock to such sum 

and such number of shares as said vote may determine, subject 

to the approval of the bank commissioners. 

ReJ!ttl*ii784. § 3415. Officers' bonds. The cashier of each state bank 
iufr^!i&m an( * ^ e * rea8urer °* ea °k ^ ru ^ ; company, when he first takes 
' office and as often as once in each period of five years thereafter, 
shall give a bond in the penal sum of not less than ten thousand 
dollars, payable to such bank or trust company* with sufficient 
surety, which shall be accepted and approved by the directors or 
trustees, for the faithful performance of the duties of his office. 
No officer, director, or trustee of any such bank or trust com- 
pany shall be surety on any such bond, and all sureties, other 
than corporate sureties, shall be residents of this state. Every 
such bond, and every renewal or certificate of renewal thereof, 
shall be forthwith recorded at length upon the books of the bank 
or trust company to which it is given, and shall at all times be 
subject to the inspection of the bank commissioners; and every 
such bond and renewal certificate thereof shall be examined an- 
nually by said commissioners. The president of each state bank 
and trust company shall safely keep the original bond or bonds 
required as aforesaid, and all renewals and certificates of re- 
newal thereof, and shall certify on the records of the bank or 
trust company that the copy of each bond or renewal certificate 
is correct, and that the original of such bond or certificate is in 
his possession. If any such cashier or treasurer shall neglect 
to give bond as aforesaid, within thirty days from the time of 
his appointment, his office shall become vacant. 

I 8418. Corporation is forbidden by implication to purchase its stock. 
62 0. 99. 



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STATE BANX8 AND TRUST COMPANIES. 17 

§ 3416. Reports to bank commissioners; penalty. B^S&m. 

Each state bank and trust company shall make to the bank com- iwi,ch.i« l |i7. 
missioners not less than five reports during each year, verified 
by the oath of its cashier or treasurer. Each such report shall 
exhibit in detail and under appropriate heads, according to the 
form which may be prescribed by the commissioners, the re- 
sources and liabilities of such bank or trust company at the close 
of business on any past day specified by the commissioners. 
Such report shall be transmitted to the commissioners within 
ten days after the receipt of a request therefor from them, and 
shall be published, in such form as they may prescribe, in a news- 
paper in the county where such bank or trust company is located. 
Every bank or trust company which fails to make and transmit 
any such report, when requested by the commissioners, shall 
forfeit to the state ten dollars for each day that it delays to trans- 
mit such report. 

§ 3417. Private banking restricted. No person, asso- i*»,ch.ao«. 

ciation, or body corporate, except banks or trust companies incor- 
porated by this state or the United States, shall advertise or put 
forth a sign as a bank, or in any way solicit or receive deposits 
as a savings bank. Every person, association, or body cor- 
porate violating the provisions of this section shall be fined not 
more than one thousand dollars. This section shall not affect 
individuals or firms doing business as private bankers or brokers 
under their own name or names. 

[General Statutes, Chapter 200.] 

State Banks Converted into National Banking 
Associations. 

§ 3418. Change of state to national bank. When the ^Jlfflgfa 

holders of two-thirds of the stock of any bank shall vote to be- 
come a national banking association and such change shall be 
duly consummated, the corporate rights and existence of such 
bank shall not be thereby terminated or altered, but the same 
shall be suspended during the existence of such association; 
except that for three years next following such change, and until " 
the termination of all suits by or against it, such bank may 
continue to exercise its corporate powers for the sole purpose of 
closing up its concerns and prosecuting and defending such 
suits, and may at any time after the expiration of said three years 
convey its real estate to such association, if the same was included 
as a part of its assets at the time of the conversion of such 
bank. 

B 

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18 BANK COMMISSIONERS' REPORT. 

Be*. i'Jmit*). § 3419. When stockholders take stock in national 

bank. When any bank is converted into a national banking 
association, every stockholder who does not signify to such bank 
in writing his dissent thereto, within thirty days after notice 
in writing given him of such conversion, shall become a share- 
holder in such association to the amount of his stock in such 
bank. Such notice may be given by leaving the same with him 
or at his usual place of abode, or mailing it to him. 

ney.i^smi. § 3420. Representation of stock held in trust. Ex- 
ecutors, administrators, guardians, conservators, and trustees 
may represent state bank 6tock in their control in all matters 
touching the conversion of such bank into a national banking 
association and may subscribe to its capital stock. 

Reyfi^sfsiTw. § 3421. Rights of stockholder withdrawing. Any stock- 
holder in a bank so converted into a national banking association, 
who shall not become a shareholder in such association, shall be 
entitled to receive from such bank the value of his stock, to be 
ascertained by an appraisal, made as the directors may prescribe; 
and if the value so fixed shall not be satisfactory to such stock- 
holder, he may appeal to the bank commissioners, who shall 
make a reappraisal ^hich shall be final. If such reappraisal 
shall exceed the value fixed by the directors, the bank shall pay 
the expenses thereof, otherwise the appellant shall pay them; 
and the value so ascertained shall be a debt due to such stock- 
holder from such association. 

Rer. iw pm. § 3422. Stock of state or charitable institution. Every 

"bank converted into a national banking association, in which, 
at the time of its conversion, this state or any charitable corpora- 
tion held stock, and which shall have refused to allow such 
stockholder to become a stockholder in such association, shall 
pay to it its ratable share of so much of the surplus of such bank 
as was accumulated during its ownership of said stock, the 
amount to be determined according to the provisions of § 3421. 

itev i 1 !* lira § $423- Notice of intention to change. Notice of the 

v. 888, § . indention of any bank to become a national banking association 
shall be given to all holders of nontransferable stock, by sending 
a written notice to the treasurer or institution holding the same, 
within ten days after such bank shall have made such determina- 
tion ; and any such holder may, within thirty days after the re- 
ceipt of such notice, elect in writing to continue to hold such 

§ 8428. If notice is omitted, holder of nontransferable stock may claim 
stock In national bank without election. 84 C. 240. 



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STATE BANKS CONVERTED INTO NAT. BANK. ASSOCIATIONS. 19 

stock after the proposed change shall have been effected, as 
transferable stock of such proposed national banking association ; 
and thereupon such stock shall become regular stock of such 
bank. If such holder does not make such election, he shall, at 
the expiration of said thirty days, be entitled to receive from 
such bank the par value of such stock, with interest from the 
date of the last dividend declared by such bank ; and said amount 
shall be a debt due and payable to such holder from such 
national banking association. 

§ 3424. Notice to Comptroller. Any state bank, which ^taatym. 
organizes as a national banking association, shall, within sixty 
days thereafter, notify the comptroller in writing; but no bank, 
by reason of its failure to give such notice, shall be deemed to 
have surrendered its charter. 

§ 3425. Officers of bank resuming state powers. The Bey. wKoth. 

officers of any national banking association, converted from a 
state bank, who shall be in office when such association shall 
cease to exist, shall continue in office after it shall have resumed 
its powers as a state bank, until others shall be appointed in their 
stead. » 

§ 3426. Statement by state bank resuming powers. HK.uBMim. 

Every bank which shall resume its powers as a state bank, after 
having ceased to be a national banking association, shall forth- 
with deliver to the bank commissioners, and duly publish in a 
newspaper of the county in which such bank is located, a particu- 
lar and detailed statement, under oath, of its condition, similar 
to the statement in the report required by § 3416. 

§ 3427. State bank resuming powers does not change Bey. ja* si™. 

Stock. Any state bank which has or may hereafter become a 
national banking association and which while acting as such has 
increased or diminished or shall increase or diminish its capital 
stock, may, upon its reorganization as a state bank, retain said 
increased or diminished capital as if its charter had originally 
authorized a capital of such amount. 

Savings Banks. 

[House Bill No. 385, Chapter 147.] 
An Act concerning Investments by Savings Banks. 

§ 3428. Investments by savings banks. Section 3428 jag, isw, j**, 

of the general statutes is hereby amended to read as follows: 1888. 

Savings banks may invest their deposits and surplus as follows : isw, ch. W ' 

ia», ch. m 

8 8428. Court will not decree specific performance of agreement to loan 1897, ch. 217. 
on mortgage without double security. 46 C. 476. Loss on Investments must J8W* ch. 146, fl« 
be shared by depositors. 88 C. 203. MO^dilw.' 



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20 BANK COMMISSIONERS' REPORT. 

(1) not exceeding twenty per cent, thereof in notes secured by the 
pledge of stocks or bonds as collateral, provided, such stocks or 
bonds shall have paid dividends or interest of not less than three 
per cent, per annum during the two years next preceding that in 
which the respective loan is made; or by the pledge of any 
stocks, bonds, or other obligations which, under the provisions of 
this section, can be purchased by savings banks; (2) not ex- 
ceeding twenty per cent, thereof in notes, each of which shall 
be the joint and several obligation of two or more parties, all 
residents of this state; (3) in the bonds of the United States, 
the District of Columbia, any of the New England states, or any 
of the states of New York, New Jersey, Pennsylvania, Delaware, 
Maryland, Ohio, Kentucky, Michigan, Indiana, Illinois, Iowa, 
Wisconsin, Minnesota, Missouri, Nebraska, Kansas, California, 
Colorado, and Oregon; (4) in the bonds of any city in the New 
England states, or in the state of New York, of Newark, Pater- 
son, and Trenton in the state of New Jersey, of Philadelphia in 
the state of Pennsylvania, of Cincinnati, Cleveland, Columbus, 
Dayton, and Toledo in the state of Ohio, of Louisville in the state 
of Kentucky, of Detroit in the state of Michigan, of Chicago in 
the state of Illinois, of Milwaukee in the state of "Wisconsin, of 
Si Louis in the state of Missouri, or of Omaha in the state of 
Nebraska; (5) in the obligations of any of the counties, towns, 
cities, boroughs, and school districts in this state; (6) in the 
capital stock of any bank or trust company located in this state, 
or in the city of New York in the state of New York, or in 
Boston in the state of Massachusetts; (7) in the bonds of any 
other incorporated city located in any of the states mentioned in 
this section having not less than twenty thousand inhabitants, 
as ascertained by the United States or state census, or any muni- 
cipal census taken by authority of the state, next preceding such 
investment; provided, the amount of the bonds of such city, in- 
cluding the issue in which such investment is made, and its pro- 
portion, based on the valuation contained in the assessment for 
taxation next preceding such investment, of the county and town 
debt, after deducting the amount of its water debt and the ne- 
gotiable securities in the sinking funds which are available for 
payment of its bonds, does not exceed seven per cent, of the 
valuation of property in such city as assessed for taxation next 
preceding such investment; and provided, further, that the state 
or city issuing such bonds has not defaulted payment of any of its 
funded indebtedness or interest thereon within fifteen years next 
preceding the purchase of such bonds by the savings bank ; but 
this section shall not be held to authorize the investment of any 
funds in any " special assessment bonds" or "improvement 

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SAYINGS BANES. 21 

bonds ", so called, which are not direct and primary obligations of 
the city issuing the same; (8) in the bonds of any railroad com- 
pany organized under the laws of any of the states mentioned 
in this section, and which bonds are secured by a first mortgage 
as the only mortgage security given by such railroad company 
upon some portion of the railroad owned by it, or given by a 
railroad company, a majority of the capital stock in which is 
owned by the railroad company issuing such bonds, upon some 
portion of the railroad owned by it but leased or operated 
by the railroad company issuing such bonds, and which portion 
of such railroad in either case shall be" located wholly or in part 
in one or more of the states mentioned in this section, provided 
the entire railroad of such company is located wholly within the 
United States; in the consolidated bonds of any railroad com- 
pany incorporated by this state and authorized to issue such 
bonds to retire the entire funded debt of such company; provided, 
that in every case such company shall have paid each year, for a 
period of not less than five years next previous to such in- 
vestment, in addition to the interest on its funded indebtedness, 
dividends of not less than four per cent, per annum upon its 
entire capital stock outstanding; and provided, further, that 
said outstanding capital stock at the time of such investment 
equals or exceeds in amount one-third of the entire outstanding 
issue of such bonds; (9) in the bonds of the following-named 
railroad companies, viz. : Boston and Albany railroad company, 
Boston and Lowell railroad company, Boston and Maine railroad 
company, Concord and Montreal railroad company, Fitchburg 
railroad company, Harlem Kiver and Portchester railroad com- 
pany, Maine Central railroad company, New England railroad 
company, New York and New England railroad company, New 
York, New Haven and Hartford railroad company, and Old Col- 
ony railroad company; also the following securities: Central 
railroad company of New Jersey general mortgage five per cent, 
gold bonds, due July 1, 1987; Burlington, Cedar Bapids and 
Northern railway company system, Cedar Bapids, Iowa Falls, and 
Northwestern railway consolidated first mortgage five per cent, 
bonds, due October 1, 1921, and Burlington, Cedar Bapids and 
Northern railway company consolidated first mortgage and 
collateral trust five per cent, bonds, due April 1, 1934; Great 
Northern railway company system, St Paul, Minneapolis and 
Manitoba railway company, Montana Extension, four per cent, 
bonds, due June 1, 1937, Pacific Extension mortgage four per 
cent, bonds, due July 1, 1940; Montana Central railway com- 
pany first mortgage five per cent, and six per cent, bonds, due 



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22 bank commissioners' report. 

July 1, 1937, and Wilmar and Sioux Falls railway company first 
mortgage five per cent, bonds, due June 1, 1938 ; Illinois Central 
railroad company system, Chicago, St. Louis, and New Orleans 
railroad company consolidated mortgage five per cent, and three 
and one-half per cent, bonds, due June 15, 1951 ; Chicago and 
Northwestern railway company system, Chicago, St. Paul, Min- 
neapolis, and Omaha railway company consolidated mortgage 
six per cent bonds, due June 1, 1930, and in the mortgage 
bonds heretofore issued which said consolidated mortgage six 
per cent, bonds are to retire at maturity; Chicago and Eastern 
Illinois railroad company, general consolidated and first mort- 
gage five per cent, bonds, due November 1, 1937, and in the 
mortgage bonds heretofore issued which said general consoli- 
dated and first mortgage five per cent, bonds are to retire at 
maturity; Minneapolis and St. Louis railroad company, first 
and refunding mortgage four per cent, bonds, due March 1, 1949, 
and in the mortgage bonds heretofore issued which said first and 
refunding bonds are to retire at maturity; Milwaukee and 
Northern railroad company consolidated mortgage six per cent, 
bonds, due June 1, 1913, and in the mortgage bonds heretofore 
issued which said consolidated six per cent, bonds are to retire 
at maturity; Terminal railroad association of St. Louis general 
mortgage refunding four per cent, sinking fund gold bonds of 
1953, and in the mortgage bonds heretofore issued which said 
general mortgage bonds are to retire at maturity; St. Louis, 
Iron Mountain and Southern railroad company, river and gulf 
division, first mortgage four per cent bonds, due May 1, 1933 ; 
BufEalo and Susquehanna railroad company first mortgage four 
per cent, gold bonds, due in 1951: (10) any general or consoli- 
dated mortgage bonds issued by any of the following-named rail- 
road companies to retire all qf the outstanding prior mortgage 
bonds secured upon the property covered by such general or con- 
solidated mortgage : Chicago and Northwestern railway company, 
Chicago, Burlington and Quincy railroad company, Chicago, Mil- 
waukee and St Paul railway company, Chicago, Eock Island and 
Pacific railway company, Chicago and Alton railroad company, 
Cleveland and Pittsburg railroad company, Lake Shore and Mich- 
igan Southern railroad company, Michigan Central railroad com- 
pany, Morris and Essex railroad company, New York Central 
and Hudson River railroad company, Pennsylvania railroad com- 
pany, St Paul, % Minneapolis and Manitoba railway company, 
Eastern railway company of Minnesota, northern division, and 
in the mortgage bonds hitherto issued which such consolidated 
or general mortgage bonds are to retire at maturity; Louisville 



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SAVINGS BANES. 23 

and Nashville railroad company, and in the mortgage bonds 
hitherto issued which such consolidated or general mortgage 
bonds are to retire at maturity; provided, that at no time 
within five years next preceding the date of such investment 
in such general or consolidated mortgage bonds issued by any 
of the railroad corporations last named shall such railroad 
corporation have failed to pay regularly and punctually the 
principal, at maturity or as extended, and interest on all its 
mortgage indebtedness, and, in addition thereto, dividends upon 
all its outstanding capital stock during the preceding five years; 
and provided, further, that at the date of every such dividend the 
outstanding capital stock of such railroad corporation shall have 
been equal to at least one-third of the total mortgage indebted- 
ness of such railroad corporation, including all bonds issued 
or to be issued under any mortgage securing any bonds in which 
such investment shall be made. No bond of any railroad cor- 
poration named in this section shall be a legal investment for a 
savings bank when such corporation, or the system of which it 
is a part, shall fail to pay dividends on all of its capital stock; 
and this section shall not be held to authorize any investment in 
the bonds of any corporation operating its railroad exclusively 
by any means other than steam as a motive power, or in the bonds 
of any street railway company. All other investments shall 
consist of deposits in incorporated banks or trust companies 
located in this state, or in the states of New York, Massachusetts, - 
or Ehode Island, or of loans secured by mortgage on unin- 
cumbered real estate situated in this state (except as provided 
in § 34.29) worth double the amount of the loan secured thereon. 

[Public Acts of 1903, Substitute for House Bill No. 379, Chapter 171.] 

An Act concerning investments by Savings Banks. 

Savings banks may invest their deposits and surplus in the 
first mortgage bonds of the Hartford Street Railway Company 
and The Fair Haven and Westville Railroad Company. 

[General Statutes.] 

§ 3429. When mortgages may be made in adjoining i*m»*>. 

States. Any savings bank in the towns of Putnam, Brooklyn, ^9,^; f^ ' 
and Killingly may loan on land located in the county of Provi- tiSS^chSS^ku 
dence in the state of Rhode Island ; any savings bank in the town 1901 ' ch - ^ **• 
of Ridgefield may loan on land located in the county of West- 
chester in the state of New York ; any savings bank in the town 
of Enfield or in the town of Stafford may loan on land located 



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1901, ch. 81. 



24 BANK COMMISSIONERS' REPORT. 

in the county of Hampden in the 6tate of Massachusetts; and any 
savings bank in the town of Stonington may loan on land lo- 
cated in the county of Washington in the state of Rhode Is- 
land. 

Rev.^jisoi. § 3430. Appraisal of real estate security, when any 

i«w; ch. 229, & loan is made by a savings bank upon real estate security, the se- 
i809J M ch.'j4i f& curity shall be appraised by two or more suitable persons, well 
known in the community where such loan is made, one of whom 
shall be a trustee of the bank making the loan. Such appraisal 
shall express upon its face the amount at which such property 
is appraised, and, together with a certificate of titte or a title 
insurance policy, shall be lodged and kept with the institution 
making such loan. 

Rev l^sisos § 3431- Loans to corporations and societies regu- 

lsw, ch. 146, ss' lated. No loan shall be made by any savings bank to any cor- 
poration or association or ecclesiastical society, secured by a 
mortgage upon its property, unless the same shall be ac- 
companied by the individual guaranty of some responsible party 
or parties, or by other collateral security of value equal to the 
amount of the sum loaned. The directors or trustees of any such 
bank consenting to any loan contrary to the provisions of this 
section shall be held individually responsible for any loss to the 
full extent of such loan. 

Rev m flaw § 3432. Loans restricted. No savings bank having 

' more than twenty-five thousand dollars of deposits, shall loan on 

personial security to any one person, company, or interest, more 

than three per cent, of its deposits at the time of making such 

loan. 

Rev i*Smi806 § 3433 - Obligations of one person or firm not to be 

" taken. No savings bank shall buy, or lend any money upon, 
any obligation on which only one person or firm shall be holden, 
without taking additional security for the same equivalent to the 
guaranty or indorsement of some other responsible party. 

Rev im §1806 § 3434 ' Record of names of directors consenting to 

v. ««, i . |Q an ^ When any loan or investment is made by any savings 
bank, the names of the directors or trustees consenting thereto 
shall be entered upon the records of such bank, and said records 
shall be open at all times to the inspection of the corporators 
. • and auditors of such bank and the bank commissioners, and be 

prima facie evidence of the truth of the statements therein 
contained. 



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SAVINGS BANKS. 25 

§ 3435. Limit of deposit of one person in a year. ^Jl^a*. 

Savings banks may receive on deposit from any one individual, 
in his own name or in the name of another, in any one year, a 
sum not exceeding one thousand dollars. 

§ 3436. Disclosure of facts about deposits in trust. lflW ' cL128 - 

When a deposit is made in any savings bank 'by one person in 
trust for another, the name and residence of the cestui que trust 
and the nature of the trust shall be disclosed, and the deposit 
shall be credited to the depositor as trustee for such person ; and 
in case it be a trust created by deed, will, or judicial appoint- 
ment, a certificate to that effect shall be filed at the time of the 
deposit. If no notice of the existence and terms of such a trust 
has been given in writing to the bank, in the event of the death 
of the trustee, the deposit, with the interest thereon, may be paid 
to the cestui que trust. 

§ 3437. Deposits Of minors. When any deposit shall 18W * ch - **■ 
be made in a savings bank by a minor, the receipt of such minor 
shall be a sufficient and valid release and discharge for the pay- 
ment of such deposit or any part thereof. 

§ 3438. Investment in bank building limited. No sav- H^gg-,,^ 

ings bank shall expend in the purchase or construction of any . 
building, for the purpose, in whole or in part, of accommodating 
the business of such bank, a greater sum than may be taken from 
the surplus of such bank, after allowing for the depreciation of 
assets, and the three per cent, contingent fund required by 
§ 34.41, and such. expenditure shall in all cases be subject to the 
approval of the bank commissioners. 

§ 3439. Rate of interest on loans. No savings bank ^fj^jj^ 

shall demand or receive on any loan, either as bonus, commis- 
sion, or tax, or in any other way, directly or indirectly, more 
than six per cent, a yepr, and at that rate for a longer or shorter 
period; but the taking of interest in advance for a period not 
to exceed six months, and the reimbursement of any money paid 
by a bank for insurance on property mortgaged to it, shall not be 
a violation of this section. 

§ 3440. Dividends. The net income of any savings bank, r,* 8 ^ 8 ^ 
in excess of one-eighth of one per cent of its deposits, actually iw, ch. iae. 
earned during the six months last preceding, and no more, may 
be semiannually divided among its depositors. No dividend 
shall exceed a rate of four per cent, per annum, except as pro- 
vided in § 3441. 



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26 bank commissioners' report. 

Rev. wS* §1814. § 3441. Surplus. No savings bank shall make any divi- 
' dend, except as provided in § 3440, until its surplus shall have 
accumulated to an amount equal to three per cent, of its de- 
posits. Such surplus shall be kept as a contingent fund; but 
no savings bank shall carry to its contingent fund more than 
ten per cent, of its deposits ; and any surplus beyond that amount 
shall be divided among the depositors entitled to such dividends, 
in sums of not less than one per cent, of its deposits. 

Bar. i«?ii8i5. § 3*42. Discriminat Ion in dividends, in declaring divi- 

16M, ch. 1&, h! dends the directors of savings banks shall have power to dis- 
criminate between deposits of one thousand dollars or less, and 
those over that sum. Such discrimination shall not exceed one 
per cent per annum, and if, at any time, a discrimination be- 
comes necessary, it shall be made in favor of those deposits which 
are less than one thousand dollars. 

Rey. i 1 !* urn § 3443. Regulation concerning officers. No more than 

three officers of any one savings bank shall be officers of any 
one bank of discount or circulation, or trust company ; and no 
cashier of a bank of discount or circulation shall be treasurer 
of any savings bank having over five hundred thousand dollars 
deposits. 

Rev^ 8 !?**. § 3444. Compensation to presidents. Savings banks, 

1886, ch. i». w hose deposits exceed five hundred thousand dollars, may pay 
their presidents such compensation as their directors, managers, 
or trustees deem reasonable, not exceeding three hundred dollars 
a year; those whose deposits exceed two million dollars may pay 
not exceeding five hundred dollars a year; those whose deposits 
exceed three million dollars may pay not exceeding one thousand 
dollars a year; those whose deposits exceed five million dollars 
may pay not exceeding fifteen hundred dollars a year; those 
whose deposits exceed seven million five hundred thousand dol- 
lars may pay not exceeding two thousand dollars a year; and 
those whose deposits exceed ten million dollars may pay not ex- 
ceeding twenty-five hundred dollars a year; provided, that in 
cases where such compensation shall exceed three hundred dol- 
lars a year, it shall be determined by an affirmative vote of three- 
quarters of the whole number of directors, managers, or trustees, 
as the case may be. 

18W> tain 1890, § 3445. Bonds Of treasurers. The treasurer of every 

SE-S^FSJ savings bank shall give a bond in a sum not less than ten thou- 

" sand dollars, payable to such bank, and shall give a new bond as 

often as once in every six years. Every bond required by this 

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SAVINGS BANKS. 27 

section, and the surety thereon, shall be to the satisfaction and 
acceptance of the directors or trustees of such bank. No presi- 
dent, director, or trustee of any such bank shall be surety on 
any such bond. Such bonds and all certificates of the renewal 
thereof shall forthwith be recorded at length on the books of 
such bank and in the office of the secretary of state, and shall at 
all times be subject to the inspection of the bank commissioners, 
and shall be inspected by them at every examination of such 
bank. The president of such bank shall safely keep the original 
bonds so given, and all certificates of the renewal thereof. In 
case of the loss of any such bond, a copy thereof, certified by 
the secretary of state, may be admitted in evidence on the trial 
of any civil or criminal action. 

§ 3446. Officers' relations to investments regulated. ^ JS^** 

No officer of a savings bank shall be a borrower, or surety for a 
borrower, of any of its funds, or receive any money or valuable 
thing, for negotiating, procuring, or recommending any such 
loan from such bank, or for selling or aiding in the sale of any 
stocks or securities to such savings bank. Every such officer 
who shall violate any provision of this section shall be fined one 
thousand dollars. 



Rev. 1888, f 1818. 



§ 3447. Auditors and their duties. The directors, man- Btlfm »£■ 

agers, or trustees of every savings bank shall annually appoint 
not less than two auditors, who shall not be directors, manage^ 
or trustees thereof, who shall examine the books, accounts, and 
securities belonging to such bank, and make a sworn statement, 
showing the true condition thereof on the first day of October in 
each year, which shall be kept on file in the office of such bank, 
and an attested copy forwarded to the bank commissioners on 
or before the first day of November in each year. 

§ 3448. Notice Of meetings. The treasurer of each sav- B/Ifm gg£ %m7m 
ings bank shall, at least ten days before each meeting of the cor- 
porators, mail or deliver to each a written or printed notice of 
the day and hour of holding such meeting ; and if he shall neglect 
to give such notice, he shall be fined one hundred dollars. 

§ 3449. Removal Of Corporators. At the annual meet- Rev.^nan. 
ing of any savings bank when two-thirds of all. the corporators 1 «^ ch - 9B0 - 
of such bank are present, a corporator may be removed by a four- ♦ 

fifths vote. 

§ 3450. Vacancies in office. Assistants. The direct- ^ jg£, 18tt . 

ors, managers, or trustees of each savings bank may fill any 
vacancy in any office in such bank, and the person chosen shall 

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28 BANK COMMISSIONERS' REPORT. 

hold such office till another is chosen in his stead. When any 
officer cannot perform the duties of his office they may appoint 
an assistant to him to serve during their pleasure, up to the time 
of the next annual meeting of the corporation ; and such assist- 
ant shall have the same powers and duties as such officer. 

§ 3451. Annual statement of unused accounts. The 

treasurer of every savings bank shall annually, on or before the 
tenth day of J[uly, deliver to the comptroller a sworn statement 
containing the name and amount standing to the credit of every 
depositor who shall not have made a deposit therein or with- 
drawn therefrom any part of his deposit, or any part of the 
interest thereon, for a period of more than twenty years next 
preceding; but this section shall not apply to the deposit made 
by any person known to the bank to be living. The comptroller 
shall communicate the statements which shall be so delivered to 
him to the general assembly on or before the third day of its next 
session. If the treasurer of any savings bank neglects or re- 
fuses to comply with the provisions of this section he shall be 
fined one hundred dollars. 

Re V 10*1100 § ^452. Statements to bank commissioners. The 

* treasurer of each savings bank, on or before the first day of Oc- 
tober in each year, and oftener if required by the bank com- 
missioners, shall transmit to them a sworn statement of its con- 
dition, giving the par value, cost, and market value of its assets, 
and information as to all particulars required in the annual 
statements of banks and trust companies to said commissioners. 

r^8om878. § 345 3- Penalties affecting officers and directors. 

' The directors, managers, or trustees of any savings bank, assent- 
ing to a violation of any provision of law relating to savings 
banks, shall be jointly and severally liable to such savings bank 
for any loss which may result therefrom. Every officer, director, 
or trustee of any savings bank, who shall intentionally violate 
any of the provisions of law relating to savings banks, shall be 
fined not less than one hundred nor more than one thousand dol- 
lars; and the state's attorney for the county where such bank 
is located shall prosecute any person charged with such violation, 
on complaint by the bank commissioners. 

i87i. § 3454. General Penalty. Every person who shall vio- 

Rev. 1888, §i8w. ^ e ^^ provision of law in relation to banks, savings banks, or 

trust companies, for which no otljer penalty is provided, shall 

be fined not less than one hundred nor more than five hundred 

dollars. 



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BANK COMMISSIONERS. 29 

Bank Commissioners. 

§ 3455. Appointment. There shall continue to be two 188fr » Jg£ 1877 < 
bank commissioners, who shall be appointed by the governor with Bev - 1888 » § 18aB - 
the advice and consent of the senate. During each regular ses- 
sion of the general assembly, one commissioner shall be so ap- 
pointed who shall hold office four years from the first day of 
July following his appointment. Vacancies may be filled by 
the governor until the next regular session of the general assem- 
bly, when they shall be filled by the governor with the advice 
and consent of the senate. 

§ 3456. Bank officers ineligible. No officer of any bank, BB J?jyjg^ 

savings bank, or trust company, chartered by this state, shall be 
eligible to the office of bank commissioner; and if any bank com- 
missioner shall become indebted to any bank, savings bank, or 
trust company, or shall engage or be interested in the sale of 
securities as a business, or in the negotiation of loans for others, 
his office shall become vacant; and the cashier of any bank and 
the treasurer of any savings bank or trust company to which a 
bank commissioner shall become indebted shall give immediate 
notice thereof to the governor. 

§ 3457. General duties. The bank commissioners shall ^ftksfsisw. 
visit and examine every bank, savings bank, and trust company, 
semiannually or oftener, and may examine its books and papers, 
in the presence of one or more of its officers, to ascertain whether 
it has been managed according to law; may examine any per- 
sons, under oath, in relation to its affairs, which oath said com- 
missioners may administer; ihay compel the attendance of wit- 
nesses and the production of books and papers by suitable pro- 
cess ; and, in case any person shall refuse to furnish any informa- 
tion requested by the commissioners under authority of any 
provision of this section, they may apply to a judge of the 
superior court, who shall cause such person to come before him 
and inquire into the facts set forth in such application, and may 
thereupon commit such person to jail until he shall comply with 
such request; but the bank commissioners shall not impart any 
information obtained by them in the course of such examination, 
except in so far as may become necessary in the performance of 
their duties. 

§ 3458. Joint examinations. The bank commissioners jfcv.^jaa. 
shall visit and examine every savings bank, whose treasurer is 
cashier of any national banking association, at the same time 
that the United States examiner shall visit such association. 



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30 BANK COMMISSIONERS' REPORT. 

r«J!W|W § 3459. Reports Of Commissioners- The commis- 
sioners shall annually report to the governor the condition of 
all institutions examined by them, with such recommendations 
as they may deem proper. The commissioners shall also report, 
to the governor and to the state's attorney in the county where 
any such institution is located, any violation of law by it or 
any of its officers. 

[Public Acts of 1903, Substitute for House Bill No. 381, Chapter 167.1 

An Act relating to the Examination of Trust Companies by 
the Bank Commissioners. 

1908, ch. 167. § 1 m The bank commissioners shall examine each depart- 
ment of every trust company chartered by or doing business in 
this state. All reports required by chapter 211 of the general 
statutes to be made to the insurance commissioner shall be made 
to the bank commissioners when made by such trust companies. 
All the powers and duties relating to surety companies conferred 
or imposed by said chapter upon the insurance commissioner 
are hereby conferred and imposed upon the bank commissioners 
when they relate to such trust companies. 

§ 2. This act shall take effect from its passage. 

[General Statutes.] 

i8», ch. 7. § 3460. Banks may be enjoined against paying out 

1897, ch. 8. f yp j s> Any judge of the superior court may, on application of 
the bank commissioners, or on the application of the directors 
of any bank, savings bank, or trust company, whenever in the 
opinion of said commissioners or directors it may be necessary 
to preserve assets or protect depositors, make an order restrain- 
ing any bank, savings bank, or trust company from paying out 
its funds or any portion thereof, or from declaring or paying 
any dividends on deposits or capital stock, for such time as said 
judge shall deem necessary. Such order shall be in writing 
directed to the bank, savings bank, or trust company to be 
affected thereby, and a copy of the order attested and left by 
said commissioners or either of them with the treasurer or 
cashier of such institution shall be sufficient notice thereof. Be- 
fore issuing such restraining order on the application of the 
bank commissioners, the judge shall cause reasonable notice to 
be given the bank or company to be affected thereby. Notice to 
the cashier of any bank shall be notice to such bank, and notice 
to the treasurer of any savings bank or trust company shall be 



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BANK COMMISSIONERS. 31 

notice to such savings bank or trust company, and notice may 
be waived by any such cashier or treasurer. Before the directors 
of any bank, savings bank, or trust company shall apply to any 
judge for such restraining order, they shall give notice in writ- 
ing to the bank commissioners of their intention to so apply at 
least ten days before such application is made. Whenever in 
the opinion of the bank commissioners such order should be re- 
voked or modified in any way, any judge of the superior court 
may, on application of said commissioners, revoke or modify the 
original order, and notice of such revocation or modification 
shall be given to the institution affected thereby in the same 
manner as in the case of the original order. 

§ 3461. Duty of commissioners when bank charter is ^y^^ao. 

forfeited. When in the opinion of the bank commissioners the 
charter of any bank, savings bank, or trust company shall be for- 
feited, or the public is in danger of being defrauded by any bank, 
savings bank, or trust company, said commissioners, or the state's 
attorney in the county, in which such bank, savings bank, or 
trust company is situated, shall prefer a complaint to the supe- 
rior court for such county, if in session, or if not, to a judge of 
the supreme court of errors, praying that such bank, savings 
bank, or trust company may be enjoined from any further pro- 
ceedings in its business, and that its charter may be revoked 
and its property disposed of; whereupon said court or judge 
shall forthwith issue a citation to such bank, savings bank, or 
trust company, to be served upon the president, a majority of the 
directors, and the cashier or treasurer, by leaving a true and 
attested copy with each, or at his usual place of abode, command- 
ing it to appear before said court or judge, on a day and at a 
place named in such citation, to answer to said complaint. If 
upon the hearing, said court or judge shall be of opinion that 
the charter of such bank, savings bank, or trust company is for- 
feited, or that the public are in danger of being defrauded, said 
court or judge shall issue an injunction to the agents of such 
bank, savings bank, or trust company, enjoining them from pro- 
ceeding in the transaction of its business, and appoint not ex- 
ceeding three disinterested persons to be receivers of such bank, 
savings bank, or trust company ; and said court may, at any time 
thereafter, upon a hearing of all the parties, declare the charter 
of such bank, savings bank, or trust company to be null and void. 

§ 3462. Attachment of bank property dissolved. All ^.JStym. 

attachments of the estate of any such corporation, made within 

S 3461. Court deemed to be in session during interval between afternoon 
adjournment and following morning. 63 C. 581. 



See §1068. 



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32 BANK COMMISSIONERS' REPORT. 

sixty days of the filing of any complaint as prescribed in § 3461, 
and all levies of execution upon the estate of such corporation not 
completed within the period aforesaid, except such levies as are 
made in pursuance of attachments which are not hereby invali- 
dated, shall, upon the granting of the prayer of said complaint 
and the appointment of receivers of such corporation, be 
dissolved. 

mot, <*. 84. §3463. Notice of organization. Every institution 

which is required by law to report to and be under the super- 
vision of the bank commissioners, shall notify said commission- 
ers immediately after organizing and commencing business. 

Bev. i^n882. §3464. Apportionment of commissioners' salaries 

1888, ch. wo. an j expenses. The comptroller shall apportion the salaries and 
• allowed expenses of the bank commissioners among the several 
banks, savings banks, and trust companies, in proportion to the 
aggregate amount of the capital and deposits of each, according 
to their average, as nearly as can be ascertained, for the year 
preceding, and shall notify each by mail of the amount appor- 
tioned to it, and it shall pay the same to the state within twenty 
days from the time of the mailing of such notice. Any institu- 
tion which shall not pay the same within said time, shall forfeit 
to the state two hundred dollars, together with the amount so 
apportioned. 

[General Statutes, Chapter 203.] 
Receivers of Banks, Savings Banks, and Trust Companies. 

Rey\%Mi883. § 3465. . May be appointed on stockholders' petition. 

Beceivers of any bank or trust company whose capital is im- 
paired may be appointed by the superior court for the county in 
which such bank or trust company is located, on the petition of 
the holders of a majority of the shares of its capital stock, if the 
court finds that the interests of the stockholders require that the 
affairs of such bank or trust company should be closed. 

Rev. wauls*. § 3466. Limitation of time for presenting claims. 

The superior court, upon appointing receivers of any bank, sav- 
ings bank, or trust company, shall limit the time within which 
all claims against such corporation shall be presented to such 
receivers, and said court may, upon proper cause sho^n, extend 
such time, and shall cause such public notice of such limitation 
or extension of time to be given, as it shall deem reasonable 
and just. All claims not presented to such receivers within the 
period limited shall be forever barred. 



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ETO. 00 

§ 3467. Report of claims allowed and disallowed; B^fflta* 

appeal. Such receivers shall receive proof of, and allow or 
disallow, as justice and equity may require, the several claims 
which may be presented to them as aforesaid, and shall make 
report thereof to said court, specifying particularly those allowed 
and disallowed, and shall give such notice as said court may pre- 
scribe to any person whose claim is wholly or in part disallowed. 
Any person aggrieved by the doings of such receivers, in the 
allowance or disallowance of any claim, or any part thereof, 
may, after said report shall have been returned to said court, and 
within such time as said court shall limit for that purpose, and 
not afterwards, make his complaint in writing to said court, 
setting forth with reasonable certainty the grievance whereof he 
complains; and, said complaint being first served on such re- 
ceivers and upon any other party in interest who may be entitled 
to notice, in such manner as said court shall prescribe or deem 
reasonable, said court shall, by a committee or otherwise, inquire 
into the grievance complained of, and grant such relief in the 
premises as to law and equity may appertain. 

§ 3468. General duties. Such receivers shall, as soon Rw .i*mi8». 
after their appointment as may be, make and return to said court 
an inventory and appraisal of the assets of such corporation, veri- 
fied by oath according to their best knowledge, information, and 
belief, and shall from time to time thereafter make and return 
such additional or supplementary inventories and valuations, 
and render such reports of their doings and statements of ac- 
counts, as shall be necessary for the information of said court, 
or as shall be required by the order of said court. They shall 
hold all the assets which come into their hands as such receivers, 
subject to the order of said court, and shall convert the same into 
money, with all reasonable dispatch, and for that purpose may 
sell and dispose of such assets, and make all proper conveyances 
thereof, and may compromise all doubtful claims for or against 
such corporation ; provided, that no claim in favor of such cor- 
poration against any director, trustee, or other officer thereof, 
for breach or neglect of official duty, shall be compromised 
without the special authority and approval of said court In 
cases of doubt or difficulty they may, upon written application, 
ask the advice of said court as to the manner in which they 
shall execute their trust. Said court may from time to time 
of its own motion, or on complaint of any party interested, make 
all necessary and proper orders as to the proceedings of such re- 
ceivers, their compensation and expenses. 

o 

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84 BANK COMMISSIONERS' REPORT. 

Bar.ioMiMo. .§ 3469. Penalty for not delivering property to re- 
ceivers. Every person who shall wilfully neglect or refuse to 
deliver to the receivers of any bank, savings bank, or trust com- 
pany, on demand, any books, papers, or evidences of title, or 
debt, or property belonging to such bank, savings bank, or trust 
company, in his possession, or under his control, shall be fined 
not more than ten thousand dollars, or imprisoned not more 
than three years, or both. 

Ber.is^nsss. § 3470. When judge of supreme court may act. 

Whenever the superior court of the proper county is not in ses- 
sion at a civil term, all the powers of said court enumerated in 
§§ 3465, 3.466, 3467, and 3468 may be exercised by any judge of 
the supreme court of errors, and the orders and doings of such 
judge in the premises shall be recorded with the records of said 
superior court. 

R6v.is*W. .§ 3471. Debts not to become barred during receiver- 
ship. No claim in favor of such corporation, not barred by 
the statute of limitations at the time of serving the citation on 
such corporation for the appointment of receivers, shall be barred 
against such receivers in any suit for the recovery thereof, 
brought by them either in their own name or in the name of such 
corporation. 

1875, uro. urn, § 3472. Receivers to render statements to bank com- 

r«y.188M18». missioners. The receivers of any bank, savings bank, or trust 
company shall, on or before the tenth day of July next after their 
appointment, and annually thereafter, so long as they remain 
in the charge and administration of the assets of such corpora- 
tion, render to the bank commissioners a sworn statement con- 
taining the same information concerning the affairs of such cor- 
poration that treasurers of savings banks and trust companies 
and cashiers of banks are required to furnish to said commis- 
sioners, and including a statement of all the assets of su$h cor- 
poration, and, so far as possible, a detailed enumeration thereof, 
with their cash values, and also, a statement, in detail, of the ex- 
penses incurred by them in the administration of the affairs of 
such corporation, and an estimate of the amount which they will 
ask the superior court to allow them for their own services dur- 
ing the time covered by such statement Such receivers shall, 
at any time when required, furnish the bank commissioners with 
such information as treasurers of savings banks and trust com- 
panies and cashiers of banks are by law required to furnish 
them. Every receiver who shall fail to comply with the require- 
ments of this section shall be fined five hundred dollars. 

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BSCBIYBB8 OF BANKS, SAVINGS BANKS, ETC. 35 

§ 3473. Receivers to file statement with clerk of Eey.iSJW 

COlirt. The receivers of every bank, savings bank, or trust com- 
pany shall file yith the clerk of the superior court in the county 
in which such bank, savings bank, or trust company is, or, at 
the time of the appointment of such receivers, was located, within 
the first three days of April and October in each year a state- 
ment subscribed and sworn to by them, containing the following 
particulars, so far as they do not appear in a preceding report 
on file in said court, and any changes or additions that shall have 
occurred since the filing of such preceding report, that is to say : 

(1) the names and residences, so far as known, of all creditors 
of such corporation, and the amounts respectively due them; 

(2) a full list of all the assets of such corporation, with the 
estimated value of the same at the time of the appointment; 

(3) a particular statement of the disposition made of such 
assets, the amount realized therefrom, the reasons for any fail- 
ure to realize the par value of the same, and the details of ex- 
penses incurred in converting the same into cash; (4) a like 
statement of all such assets on hand, with a detailed estimate 
of the value thereof, and any reasons for delay in converting the 
same into cash; (5) a statement of all disbursements of money 
made by them in the discharge of their duties as receivers; (6) 
the amount of cash on hand, and the place or places of deposit 
of the same, and the terms of such deposit; (7) the amount of 
charges made for service in the receivership, the amount paid, 
the mode of payment, and the arrangements made for final 
security or payment of the same. 

§ 3474. Receiver to file orders of court. Every such is*. 

receiver shall lodge with such clerk, immediately after its pas- BevM88 »< 184 ^ 
sage, the original of any order made by the court or any judge 
pertaining to the receivership. 

§ 3475. Reports, orders, and bonds to be kept by _ f a* 

Clerk. Said clerk shall keep all reports and orders relating to Kevl8B8 '* 18 «' 
the receivership on file in his office, and shall not allow the same 
to be taken therefrom except in his personal custody, and shall 
have the custody and care of all bonds given by such receivers. 

§ 3476. Filing of papers to be noted and orders to be i*». 

recorded. Said clerk shall forthwith minute on the docket of Bev - 1888 »« 1M4 - 
civil causes the filing of any paper and the passage of any order 
relating to the receivership, and shall record all such orders. 
Said clerk shall collect, for the services required of him by this 
chapter, the same fees as in other civil causes. 



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ins. 

Bffr. 1888, (1840. 



1865. 
Bev. 1888, |1849. 



86 BANK COMMISSIONERS' REPORT. 

£er.i88Mi8o. § 3477. Creditor's application for order on receivers. 

Any person interested as a creditor of such corporation may 
apply in writing to said court at any time when in session, or to 
any judge of the supreme court of errors when said superior 
court is not in session, for any proper order upon the receiver 
or receivers touching the conduct of the trust, upon giving 
notice, by service of a copy on such receiver or receivers, at least 
ten days before the time of hearing, subject to the payment of 
costs in case said court or judge shall find the application to be 
unreasonable ; and said court or judge, as the case may be, shall 
make such order, after due hearing, as shall be found best for 
all parties concerned. 

§ 3478. Funds not subject to foreign attachment 

No part of the funds or property in the hands of such receivers 
shall be subject to process of foreign attachment. 

§ 3479. Dissolution of injunction against receivers. 

In any action against the receiver or receivers of any bank, sav- 
ings bank, or trust company in which an injunction shall be 
granted, restraining such receiver from disposing of any of the 
trust estate, such receiver shall apply for the dissolution of such 
injunction within thirty days after the writ or order of injunc- 
tion is served. And when such application is made, the hearing 
thereon shall have precedence of all other causes in respect to 
the ordefof trial. 

u^8K § 3480. Payments and conveyances in contemplation 

* f of insolvency. AH payments or conveyances made by any such 
bank or trust company in contemplation of insolvency, to or for 
the use of any or all its creditors, with the fraudulent intent to 
prevent the distribution and appropriation of its effects in the 
manner prescribed by § 3482, shall be void. 

jgjW. § 3481. Final distribution. Within sixty days after all 
' " the assets of such insolvent corporation have been converted into 
money, such receiver or receivers shall apply to said superior 
court, or to a judge of the supreme court of errors if the supe- 
rior court is not in session, for an order for the final disposition 
of the money on hand. Said court or judge shall thereupon fix 
a time and place of hearing on said application and order notice 
thereof by publication in such manner as shall be deemed reason- 
able. At such hearing said court or judge shall examine the ac- 
counts of the receiver or receivers, and on finding the same cor- 
rect and lawful, shall ascertain the balance on hand and direct 
the distribution of the same according to law. Said court or 



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NEGOTIABLE INSTRUMENTS I ACT OF 1807. 37 

judge shall prescribe the place of payment and the time within 
which the same may be called for. After the expiration of said 
time the receiver shall deposit with the treasurer of the state all 
sums not called for, together with a list of the persons found by 
them to be respectively entitled thereto. Said sums shall re- 
main in the treasury of the state subject to the call of the per- 
sons respectively entitled to the same. 

§ 3482. Marshaling of claims. The avails of the prop- ^^fj?^ 

erty of any bank or trust company in the hands of a receiver or 
receivers shall be appropriated ratably to the payment of: (1) 
the charges and expenses of settling its affairs; (2) the circulat- 
ing notes, if any; (3) all deposits; (4) all sums which have 
been subscribed and paid in for its stock by the state or the 
school fund; (5) all other liabilities; and the surplus shall be 
distributed among the stockholders. 

§ 3483. Discharge of receivers. After a final disposi- ^7Jg- |184a 

tion of the trust funds as aforesaid, the receiver, upon his appli- 
cation to said court, and after such public notice as said court 
may require, may be discharged from further liability/ 

§ 3484. Penalty. Fees. Every receiver neglecting to *%"»* 
comply with any provision of §§ 3473, 3474, 3479, or 3481, shall ^ * ' 
be fined twenty dollars for each day of such neglect. The fees 
of receivers of banks, savings banks, and trust companies shall 
be one per cent, of the amount of dividends paid to depositors 
and other creditors, and may be drawn by such receivers at the 
time dividends are paid, and shall be in full for their personal 
and clerical services; all other expenses shall be taxed and 
allowed by the court; provided, that if in the settlement of such 
trusts it shall appear that the aggregate amount of dividends 
paid is less than two hundred and fifty thousand dollars, the 
court may allow such further sum as may be equitable and just. 

§ 4122. Insurance, taxes, and assessments paid by ^ wm. 

mortgagee. Premiums of insurance, taxes, and assessments, im$?tL ml 
paid by the mortgagee of any property to protect his interest 
therein, shall be a part of the lyrtgage debt, and shall be re- v 
funded to him before he is requffed to release his title. 

Negotiable Instruments. 

§ 4212. Instrument payable to officer or corporation. iwr,ch.74,§4a. 

Where an instrument is drawn or indorsed to a person as cashier 
or other fiscal officer of a bank or corporation, it is deemed prima 

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88 BANK COMMISSIONERS' 

facie to be payable to the bank or corporation of which he is 
such officer; and may be negotiated by either the indorsement of 
the bank or corporation, or the indorsement of the officer. 

1897, ch. 74, §78. §4245. For payment at bank. Where the instrument 
is payaole at a bank, presentment for payment must be made 
during banking hours, unless the person to make payment has no 
f unds there to meet it at any time during the day, in which case 
presentment at any hour before the bank is closed on that day is 
sufficient. 

i887 f ch.7i,w5. § 4255. Maturity; no grace; holidays. Every nego- 
tiable instrument is payable at the time fixed therein, without 
grace. When the day of maturity falls upon Sunday or a holi- 
day, the instrument is payable on the next succeeding business 
day. Instruments falling due on Saturday are to be presented 
for payment on the next succeeding business day, except that 
instruments payable on demand may, at the option of the holder, 
be presented for payment before twelve o'clock noon Saturday 

when that entire day is not a holiday. 

• 

1W7, ch. 74, |80. § 4256. Maturity determined. Where the instrument is 
payable at a fixed period after date, after sight, or after the 
happening of a specified event, the time of payment is de- 
termined by excluding the day from which the time is to begin 
to run, and by including the date of payment. 

1897, ch. 74, iw. § 4257. Payment at bank. Where the instrument is 
made payable at a bank, it is equivalent to an order to the bank 
to pay the same for the account of the principal debtor thereon. 

Promissory Notes and Checks. 

1887, ch.74,1 184. § 4354. Negotiable promissory note. A negotiable 

promissory note, within the meaning of this chapter, is an un- 
conditional promise in writing made by one person to another, 
signed by the maker, engaging to pay on demand or at a fixed 
or determinable future time a sum certain in money to order or 
to bearer. Where a note is drawn to the maker's own order, it 
is not complete until indorsed ty him. 

1*7, ch.74, fi86. § 4355. Check. A check is a bill of exchange drawn on 
a bank payable on demand. Except as herein otherwise pro- 
vided, the provisions of this chapter, applicable to a bill of ex- 
change payable on demand, apply to a check. 

1897, ch.74, §i8e. § 4356. Must be presented within reasonable time. 

A check must be presented for payment within a reasonable 



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NEGOTIABLE INSTRUMENTS : ACT OF 18TC. 89 

time after its issue, or the drawer will be discharged from lia- 
bility thereon to the extent of the loss caused by the delay. 

§ 4357. Certified Check. Where a check is certified by i807.ch.74.ii87. 
the bank on which it is drawn, the certification is equivalent to 
an acceptance. 

§ 4358. Discharge Of liability. Where the holder of a 1887, ch.74, im 
check procures it to be accepted or certified, the drawer and all 
indorsers are discharged from liability thereon. 

§4359. Check not an assignment. A check of itself «**, <*•«, •» 

does not operate as an assignment of any part of the funds to 
the credit of the drawer with the bank, and the bank is not liable 
to the holder, unless and until it accepts or certifies the check. 

[General Statutes, Chapter 235.] 
General Provisions. 

§ 4360. Negotiable instruments delivered prior to jjjnfijfu 

April 5th, 1897. Negotiable instruments made and delivered ' 
prior to the fifth of April, 1897, shall be subject to the provisions 
of chapter 41 of the public acts of 1895, which is hereby con- 
tinued in force in so far as it concerns such instruments, but 
it shall not apply to instruments subsequently delivered. 

§ 4361. Damages on protest of bill. When any bill of ^j**^* 

exchange, drawn or negotiated in this state, upon any person in 
any other state, territory, or district of the United States, shall 
be returned unpaid, and have been duly protested for nonpay- 
ment in the manner usual in cases of foreign bills of exchange, 
the person to whom the same is payable shall be entitled to re- 
cover from the drawer or indorsers of such bill of exchange the 
damages hereinafter specified, over and above the principal sum 
for which such bill shall have been drawn, together with the law- 
ful interest on the aggregate amount of such principal sum and 
damages from the time at which notice of such protest shall 
have been given and payment of such principal sum and damages 
demanded; that is, if such bill shall have been drawn upon any 
person in the city of New York, in the state of New York, two 
per cent upon the principal sum specified in such bill; if upon 
any person in the states of New Hampshire, Vermont, Maine, 
Massachusetts, Rhode Island, New York (except the city of 
New York), New Jersey, Pennsylvania, Delaware, Maryland, 

I 4S61. In assessing damages on foreign bill, court considered custom of 
place where bUl was drawn. 2 R. 406. 



Her. 1888, f 1864. 



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40 BANK COMMISSIONERS' BEPOBT. 

or Virginia, or in the District of Columbia, three per cent upon 
such principal sum; if upon any person in the states of North 
Carolina, South Carolina, Ohio, Illinois, Indiana, Michigan, 
Kentucky, or Georgia, five per cent, upon such principal sum ; 
or if upon any person in any other state, territory, or district of 
the United States, eight per cent, upon such principal sum; and 
such damages shall be instead of interest and all other charges, 
to the time at which the notice of such protest shall have been 
given and such demand of payment shall have been made; and 
the amount of such bill, and the damages payable thereon, as 
above specified, shall be determined without reference to th£ 
rate of exchange existing at the time of such notice and demand 
of payment. 

Bev.iSf 'new. § f362. Indorsement of non-negotiable note. The 

i8»Tck. 4. blank indorsement of a non-negotiable note by a person who is 
neither its maker nor its payee, before or after the indorsement 
of such note by the payee, shall import the contract of an ordi- 
nary indorsement of negotiable paper, as between such indorser 
and the payee or subsequent holders of such paper. 

_ § 4363. Days treated as holidays. For ail purposes 

.1* relating to the presentation for payment or acceptance and to 
the protesting and giving notice of the dishonor of bills of ex- 
change, bank checks, promissory notes, drafts, acceptances, bonds, 
or other evidences of indebtedness, Sundays and all days men- 
tioned in § 4364 shall be treated as legal holidays. On Saturday 
of each week banking hours shall end at twelve o'clock noon. 

[General Statutes, Chapter 236.] 
Legal Holidays. 

iWB. § 4364. Days designated. In each year, the first day of 

B m»?5. I «?*' January, the twelfth day of February (known as Lincoln Day), 
uSFtahmhi ^ e * wen ty" 8econ d day of February, the thirtieth day of May, the 
' fourth day of July, the first Monday in September (know^ as 

Labor Day), and the twenty-fifth day of December, or, when- 
ever any of said days shall fall upon Sunday, the Monday next 
following such day, and any day appointed or recommended by 
the governor of this state or the president of the United States 
as a day of thanksgiving, fasting, or religious observance, shall 
be a legal holiday. 

I 4868. Former law concerning blank indorsement of non-negotiable notes 
stated. 60 a 416. 



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INDEX TO LAWS. 



.Agencies or branch offices prohibited, . 

Annual meetings, when special may be called in place of, 

Appeals from receivers, when and how made, . 

Appraisal of real estate, .* 

Appropriation of avails of property in receivers' hands, 

Assessment of taxes, ..... 

Assessments, payment of, by mortgagee, 

Association, loan to, by savings bank, . . . . 

Attachments, effect on of revocation of charter, 

Attorney, power of, when necessary, . 

Auditors of savings banks, appointment and duties of, 

Banks, term includes what in statutes, 

.must keep reserve fund for deposits, . 

dividends, ..... 

limit of liability to, . 

may not discount what paper, . . • A 

loans to nonresidents, .... 

organized under banking laws of 1852, to retain rights, 

may become national banks, how, 

corporate powers not terminated, when, 

injunction to preserve assets or protect deposits, 

close at noon on Saturdays, 
Bank Commissioners, appointment of, 

disqualifications for, .... 

duties and powers of, 

apportionment of salary of, by Comptroller, . 

banks to give notice of indebtedness of, 

to make complaint in case -of fraud, 

to examine banks, savings banks, and trust companies; 

to examine with U. S. bank examiner, when, 

may apply for injunction to preserve assets or protect deposits, 

to determine when savings bank may buy bank building, 
on reduction of capital stock, 

may petition for receiver, when, 

to report violations of law, 

to make annual report to governor, 

returns to, 

receivers to make returns to, . 
Banking house, when savingB bank allowed to buy, 
Bank stocks, how assessed for taxation, 



17, 19 : 



Pagb. 
13 
11 
33 
24 
37 
7-10 
87 
24 
81 
11 
27 
8 
13 
16 

13,16 
14 
14 
12 
17 
17 
30 
40 
20 
29 
29 
32 
29 

30,31 

29-30 

29 

30,31 
25 
16 

30,31 
30 
30 

27,32 

34 

26 

7,8 



Digitized by 



Google 



42 



BANK 0OMMI88IONEB8' BEPOBT. 



of, 



Bills of exchange and promissory notes, 
Board of equalization, meetings of, . 

to determine value of stock of certain corporations, 
Bonds of cashier or treasurer, to be recorded, . 

to be kept by president, ... 

of cashier to be renewed every five years, 

of savings bank treasurer to be recorded in office of 
Secretary of State, .... 

what, savings banks may invest in, 

held by savings banks, what, exempt from taxation, 
Books may be examined by state officers, when, 

stockholders, when, 
Branch offices or agencies prohibited, . 
Capital stock, how reduced, .... 

increase or decrease of, when national bank, . 

loan on own stock forbidden, 

loans may be made out of State, in excess of one-half 

shares of, how pledged, .... 

voting by proxy on, ... . 

what Commissioner of School Fund may vote on, 

what Treasurer of State may vote on, . 

what may not be voted on, 

taxation of, .... 

Cashier to give bond, ..... 

to give notice 4 of indebtedness of Bank Commissioners, 

to make reports to Bank Commissioners, 

not to be treasurer of savings bank, when, 

paper not to be discounted for, . 

to make returns to Tax Commissioner for taxation, 
Charters, amendments to, must be accepted, when, . 

subject to alteration or repeal, . 

how declared to be forfeited, . 

revocation of, effect on attachments, . 

void if not acted upon within two years, 
Check, a bill of exchange, .... 
Christmas day, notes falling due on, . 
Claims to be allowed or disallowed by receivers, 

limitation of time for presenting to receivers, . 

when barred against receivers, . 
Comptroller, returns to, by savings banks, statement of deposits, 

unclaimed deposits, 
Construction of statutes, ..... 

Contingent fund of savings bank, limited to ten per cent, of deposits, 
Corporations, loan by savings banks to, . 

Corporators of savings banks, removal of, 

to receive notice of meetings of, 
Damages, rule of, on protest of foreign bills of exchange, . 
Deposit of public money, . . . . • 



Pass. 

87-40 

7 

7,8 

16 

16,27 

16 

27 
19-23 
10 
14 
14 
18 
16 
10 
18 
14 
10 
11 
15 
15 

■-s 

16 
20 
17 
26 
14 
7 
12 
11 
81 
81 
12 
88 
40 
38 
82 
84 
10 
28 
8,4 
26 
24 
27 
27 
80 
6 



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Google 



INDEX TO LAWS. 



43 



Deposits, savings banks, from one person limited, 
how employed, 
how taxed, .... 

by minor, how drawn, 
statement of unclaimed, returned to Comp- 
troller, . . . 
trust in, how made, . 
Directors, loans to, limited, . 

not to be paid for endorsing paper, 

must vote by yeas and nays in declaring dividend, . 

three-fourths of to be residents of this state, . 

of savings banks to appoint auditors, . 

consenting to loan or investment, record of 
to be made, .... 

liable for loss caused by violating law, 
Discount, what paper banks may not, .... 

Dividends, banks' and trust companies', to be declared from net earn- 
ings only, 
by yea and nay vote, 
Dividends of savings banks, amount of, regulated, . 

discrimination in declaring, may be made, 
Ecclesiastical society, loan to, by savings banks, 
Embezzlement by officer or agent, .... 

Endorsement, blank, of non-negotiable instrument, . 
Examinations by Bank Commissioners, 

of banks by State officers, when allowed, 
by stockholders, when allowed, 
Expenses of Commissioners, how paid, .... 

False entries, penalty for making, .... 

Fast day, notes falling due on, . 

Fees of receivers, ...... 

Fourth of July, notes falling due on, . 

Fraudulent check or draft, penalty for obtaining value by, . 

conveyances by banks, etc., void, 
Grace, days of, not allowed, ..... 

Holidays, what days are; notes falling due on, 
Injunction against bank or trust company, . 
Insurance, payment of premiums, by mortgagee, 

savings bank may collect for, paid on mortgaged property, 
Interest, rate of, allowed on savings bank loans, . 
Investments of savingB banks, what to be made in, 

record of director consenting to, 
of trust funds, ...... 

Labor day, notes falling due on, ... 

Liability of directors of savings bank for loss caused by violating law, 

Limitation of credit given to one party, .... 

of dividends, ...... 16, 



Paos. 

25 

19,23 

10 

26 

28 
25 
15 
15 
16 
15 
27 

24 
28 
14 

16 
16 

25,26 
26 
24 
5 
40 
29 
14 
14 
32 
6 
40 
37 
40 
6 
36 
38 
40 

30,31 
37 
25 
25 

19,23 

24 

4 

40 

28 

13,24 

25,26 



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44 BANK COMMISSIONERS' REPORT. 



Limitation of obligation of directors, . 

of contingent fund of savings bank, 
of deposit from one person in sayingB bank, 
of loan on personal security to one person from savings bank, 
of salary of president of savingB bank, . 
of sum allowed for banking house by savings bank, . 
of time for presenting claims to receivers, 
Lincoln day, notes falling due on, 
Loans on own capital stock forbidden, .... 

by agent at other places than banking houses forbidden, 
to one, party limited, ..... 

to executive officers or clerks forbidden, 
9 may be made out of State by bank, when, 
by savings bank on personal security limited, . 
collateral security limited, 
additional security required when one person 
or firm only is holden, 
by savings banks on real estate, how made, 

not to be made on real estate situated out of 

State, 

exception in favor of certain savings banks, 
to ecclesiastical society, 
to corporation, 

record of directors consenting to, . 
rate of interest allowed on, . 
Location not to be changed except by General Assembly, 
Meetings, special, how called upon failure to hold annual, . 
Memorial day, notes falling due on, . 

Minor, deposit by, in savings bank, may be drawn on receipt of, 
Mortgaged premises, willful injury to, by mortgagor, 
Mortgagee, payment of premiums of insurance, taxes, and assess- 
ments by, ...... 

National banking associations, ..... 

National banks, State banks may become, how, 
executors, etc., may represent stock, . 
corporate power of, not terminated by becoming, 
stockholders of, not dissenting, becoming shareholders of, 
not becoming shareholders, to be paid, 
appeal of, to Bank Commissioners, 
rights of holders of non-transferable stock, 
notice of, to Comptroller, 
continuance of officers of, 
reconversion of, to State bank, „ 
Negotiable instruments, . 
New Year's day, note falling due on, . 
New banks to notify Commissioners of organization, 
Non-negotiable instrument, blank indorsement of, 
Notes, rule of damage on protest of foreign, . 



Pasb. 
16 
26 
25 
24 
26 
25 
32 
40 
13 
13 
13 
14 
14 

20,24 
20 

24 
24 

23 
23 
24 
24 
24 
25 
12 
11 
40 



37 
17,19 
17 
18 
17 
IS 
IS 
18 
18 
19 
19 
19 
37-40 
40 
32 
40 
39 



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INDKX TO I*AW8, 



45 



of un« 



Kotiee to corporators of meetings, 
Officers, embezzlement by, penalty for, . 

not eligible to be Bank Commissioner, . 

upon request to inform assessors what stock or bonds held as 

collateral, .... 

to continue, if conyerted from national bank, 
of sayings banks not to be borrowers nor surety for borrowers, 
not to be security on bond of treasurer, . 
of sayings banks, not to be paid for selling securities to, 

or securing loans for, 
vacancy, how filled, . 
of State may examine banks, when, 
Penalty for director being paid for endorsement, 

voting for unlawful dividend, . 
embezzlement, ..... 
failure to give bond to bank or trust company, . 

to pay proportion of salary of Bank Commissioner, 

taxes to the State, 
to report to Bank Commissioners, 
making excessive loan, . 

false entries, 
neglect by receivers, .... 

of treasurer of savings bank to return list 
' claimed deposits, 

to give corporators notice of meeting, 
not delivering books and property to receivers, . 
officers of savings banks assenting to violation of law, 
being a borrower or surety for a borrower, 
being paid for making loan or selling it securities! 
persons advertising as a bank, . 
refusal to inform assessors of collateral held, 
violation of law regarding banks, savings banks, 

companies, .... 
voting on bank stock unlawfully, 
willful injury to mortgaged premises, . 
Pledge of stocks and bonds, 
Power of attorney, when necessary, 
President to keep bond of cashier or treasurer, 

of savings banks, what compensation allowed, 
not to be surety on bond of treasurer, 
Private banks, act concerning, . 
Private corporation, embezzlement from, 
Promissory notes and checks, . 
Protests on notes or bills of exchange, . 
Proxy, voting, in meeting of stockholders, 

not valid after eleven months, . 
Public buildings, term includes what in statutes, 
Public officer, embezzlement by, 



or trust 



Paq*. 

27 

6 

29 

9 
19 
27 
16,27 
27 
27 
27 
14 
15 
16 
5 
16 
32 
8 
17 
14,16 
6 
34,37 



27 
34 
28 
27 
27 
17 
9 



14 

6 

9 

11 

16,27 

26 

16,27 

17 

6 

37-40 

39 

11 

11 

3 

5 



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46 



BANK COMMISSIONERS 7 BEPORT. 



Paos. 

Public officials, may deposit money in certain banks, ... 6 

Punishments, penalties, etc., not affected by repeal of statutes, . 4 

Railroad company, term includes what in statutes, . . . 3 

what bonds of, savings bank may buy, . . . .21-23 

Real estate, loan on, how made, . .24 

limited to one-half value of, . .23 

Receivers of banks, savings banks, and trust companies, . . 32-37 

Receivers, appointment of, . . . . 31,32 

Receivers may be appointed by judge of Supreme Court, when, . 31, 34 

may be petitioned for by majority of stockholders, 

appeals from, when and how made, 

application for order on, how made, . 

. to apply for dissolution of injunction, . 

appropriation of avails of property in hands of, 
bonds of, to be kept by clerk of court, . 
may compromise doubtful claims, 
when, may not compromise claims against officers, 
to deposit funds not called for with State treasurer, 
discharge of, 
fees of , . 

to file statements with clerk of court, 
to lodge orders with clerk of court, 
final disposition of funds- in hands of, 
to make inventory and appraisal of assets, 
property in hands of, not subject to foreign attachments, 
to receive proof of and allow or disallow claims, x 
limitation of time for presentation of claims to, 
to make return to Bank Commissioners, 
forfeiture for not making such returns, 
Repeal of statute, effects of, . 
Reports of Bank Commissioners to Governor, 

to Bank Commissioners, of savingB banks, 

of banks and trust companies, 
to be published in a newspaper, 
of receivers, . 
to Comptroller of savings bank deposits, 

of unclaimed savings bank deposits, 
of Comptroller to General Assembly, of such deposits. 
Reserve of cash and bonds to be kept on hand, . 

fund for deposits, .... 

Returns of savings banks to Comptroller, 
Saturday, notes falling due on, . 
SavingB Banks — 

certain stocks belonging to exempt from taxation, 

injunction to preserve assets or protect deposits, 

term includes what in statutes, . 

deposits of, how employed, 

how many officers of may be officers of bank of discount, 

service of process upon, ..... 

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33 
35 
36 
36 
35 
33 
33 
37 
37 
37 
35 
35 
36 
33 
36 
33 
32 
34 
34 
4 
80 
28 
17 
17 
34 
10 
28 
28 
12,13 
13 
10 
38 

8,10 

30,31 

3 

10,23 

26 

5 



INDEX TO LAWS. 47 

Paoi. 
School Fund Commissioner may examine books, . .14' 

may yote on stock, . 15 

Secretary to return to tax commissioner list of stockholders, . ♦ 7 

Service of process upon bank or trust company, ... 5 
Shares of stock, taxation of , . . . . . .7-9 

Special taxes on corporations, . . . .7-9 

Statement of banks and trust companies to be made to Bank Commis- 
sioners, ....... 17 

the same to be published in a newspaper, . . . 17 . 

Stock (see Capital Stock). 
Stockholders may vote by proxy, . . . .11 

majority of may petition for receiver, .... 82 

may examine books, etc., when, ..... 14 

rights of, if bank converted to national, . . . .18 

Surety bonds, .16,26 

Surplus of savings bank, provisions as to, . . .26 

Taxation of capital stock, ...... 7-9 

Tax on deposits of savings banks, ..... 10 

Taxes, payment of, by mortgagee, . . .87 

Thanksgiving day, notes and bills falling due on, • .40 

Treasurer to give bond, . . . 16, 26 

bond of, to be recorded, . . . . . . 16, 27 

savings bank to be recorded in office of Secretary of 

State, 27 

to be renewed every six years, . 26 

president or director not to be surety on, 27 
to give notice of indebtedness of Bank Commissioners, . . 29 

of savings bank, to make annual report to Bank Commis- 
sioners, . .28 
to make report whenever required by Bank 
Commissioners, .... 28 

to return statement of deposits to Comp- 
troller, . 10 
of unclaimed deposits 
to Comptroller, . 28 
to give notice of corporators* meeting, 27 
Treasurers of trust companies to make statements to Bank Commis- 
sioners, ........ 17 

Trust company, service of process upon, .... 5 

Trust companies assessed for taxation, . . .7-9 

injunction to preserve assets or protect deposits, . 80, 31 

Trust funds, how loaned or invested, ..... 4 

may be deposited in savings banks, . 5 

Trust deposits, how made, ...... 26 

Trustees (see Directors). 

Unlawful waste on mortgaged premises, .... 6 

Voting by proxy in meetings of stockholders, . . .11 

Washington's birthday, notes and bills falling due on, • . 40 

Words and phrases in statutes, construction of, • . .8,4 



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