Guide and souvenir of Detroit .. . eptember, 1875,increased the capital to 1150,000, and decided to erect abuilding for the use of the Bank. The lot, 50x132 feet insize, on Congress Street West, just in the rear of their firstlocation, was procured, and a building erected at a totalcost of $110,000. It is known as Nos. 32 and 34 CongressStreet West, and was first occupied on December 15,1876. There is only one other Bank in Detroit that owns itsbank building, and that the Directors made a judicious andeconomical investment is evidenced in the fact that theBank has not only been amply accommoda
Guide and souvenir of Detroit .. . eptember, 1875,increased the capital to 1150,000, and decided to erect abuilding for the use of the Bank. The lot, 50x132 feet insize, on Congress Street West, just in the rear of their firstlocation, was procured, and a building erected at a totalcost of $110,000. It is known as Nos. 32 and 34 CongressStreet West, and was first occupied on December 15,1876. There is only one other Bank in Detroit that owns itsbank building, and that the Directors made a judicious andeconomical investment is evidenced in the fact that theBank has not only been amply accommodated at a cost ofseveral thousand dollars a year less than poorer facilitieswould have cost, but the property has increased in valuenearly $50,000 over the original investment. W. B. Wesson served as President until his death, andS. D. Elwood, who had been continuously Secretary andTreasurer, then became President. Jacob S. Farrand,who had served many years as Vice-President, after hisdeath in 1891, was succeeded by D. M. Ferry. 83.
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Keywords: ., bo, bookcentury1800, bookdecade1890, bookidguidesouvenirofd00farm
