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The true Democrat. (Bayou Sara [La.]) 1892-1928, January 11, 1913, Image 6

Image and text provided by Louisiana State University; Baton Rouge, LA

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn88064339/1913-01-11/ed-1/seq-6/

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~The A erca H met Sfdof Americaia Liberties. W
Semi-Annual State ent
'-7W
TI
of the
IMUTUAL BUILDING & LOAN ASSOCIATION
Located at
.ST. FRANCISVILLE, LOUISIANA
JSI
For the Six Months Ending December 31st, 1912.
Assets Officers and Directors Our Objects
S Mortgage loans, secured by vendor's
privilege......................... $52,300 00 5. McC. LAWRASONO It will pay you to examine the plan of ourfAssociation,
Loans secured by stock ................. 3,809 63 President. if you desire to own a home paying for it in small month
Stocks and bonds ....................... 7,000 00 ly payments.
Due from members on stock ............ 1,262 00 G. L. PLETTINGER, The objects of this Association are two:
Due by borrowers for interest........... 839 71 Vice-President. 1. To provide a safe and profitable way of investing
D~ue by borrowers for taxes and insur
Due by borrowers for taxes and insur- W. T. FORRESTER, the small savings of its shareholders.
ance advanced.................... 444 20
Furniture, fixtures and supplies........ o 80 Secretary. 2. To furnish them with the means of borrowing money
Real estate acquired by foreclosure and J. R. MATTH EWS, to build, purchase and improve homes for themselves.
otherwise ......................... 4,509 22 reasurer. The funds of this Association are invested in first
Real estate held during process of mortgage loans on real estate. We also lend money upon
transfer......................... 2,497 05 BEN LEOPOLD.
C itrnansfer Trear.... ........ 2,497 5 BEN L EOPOLD. the simple pledge of the stockholder's certificate of stock.
Cash in hands of Treasurer ............. 1,815 52 The par value of each share of stock is.
The par value of each share of stock is $200.00, pay
Total...... .......... $74,564 13 L. W. ROG ERS. able in installments of $1.00 per share per month. Share
L b • • holders wishing to pay for their stock in advance are al- a
Liabilities A. S. LEONARD. lowed interest at the rate of 3 per cent, per annum, and in
Installments and dividends on serial addition they receive their full share of the profits.
stock ... ................... $66,454 69 D. I. NORWOOD. In addition to the books of this Association being ex
Dues advanced by members before due.. 138 00 amined semi-annually by a committee of stockholders-not
Contingent loss fund................. 500 14 F.G. HOCHENEDEL. members of the Board of Directors-they are also ex- a
Borrowed money and interest.......... 2,500 00 amined by the State Bank Examiner.
Inivirlarl~~~~~~amne byf~ a nrnw .,n,+i 7 t the State Bank Examiner.
Undivided profits, net, for past 6 months 1,771 30 n
'rot I.........$7,56 13The officers of this Association are under bond in a
, otal ................. $74,564 13 rla l ueyC m a y
reliable Surety Company.a.
Profits and Loss Account SVBSCRIBE FOR
*SixP Monsths aeisaA ob Rtrd
Interest collected ................. . $1,336 17 We will mature Series "A" stock during the year 1913. a
Fines collected .................... . 65 50 N Holders of certificates in this Series will be paid in cash.
. Profit on withdrawals......... ......... 1 70 By subscribing for a few shares of stock in YOUR
Interest due by borrowers............. 668 69 nr i f n N local Building and Loan Association you not only receive
Rents on real estate.................. 97 00 r. i. i.3217 a fair return on your investment, but you assist in build
Sale of real estate ...................... 392 74 Ling up your town.
Total profits. .......... $2,561 80 SELLJN
LESS ' ,~l~U N
Interest on borrowed money. .'.'.'.'.'. 21 Expect oaid During NN
Total profit...................... $2561 80 TA Y
Less expenditures... ................ 790 50
Net profit, 6 months ending Dec. 31, 1912 $1771 30 1912 DIVIDENDS
sr:Oh' LOt ISIANA, ) 90 90 10 10 1906 f 1907 19f I.1 ~ il
.\I:St Ot \VEST FEIACIANA : 4 5 OO 03 I 6 7 0 0 625- 1 7 720 1010
\V,,, thm awn,,rs of the Auditing Conunittee. and the secretary a 0(, O450126 I 37 5 OO -5 50 i-6-30- 6 15-" -6
t, a ,am eind Association, do ,Otleinly swear that all the 'oreg,,n -03 450 5 00 5 45 565 5 - S 00
. l. r atr.mrtnt.e o'of the condition of this Association for the six months end- O1 3 OO8 4 OO 1 4-O- 5 - 5 20 740
ng as .l,,n, sl,,,,ified, .a. tr.in and correct. to the best of our kn,,v-,.-o . . i1 301___ 10 3 60)-_4 .00- '4- 0 ( 25
-u _ut :' r - 70 1 25 225 2 80 3 15- 3 5 5 20
........ uo1,65 1 50 2 -1-0- 240- 3 75 -1.30
w. H. LIUQUOI, H , ___ I -~I .. 0 45-__6 2l
A. M. HENI)ON, I 1 O I 1 05 210 35 0
I(. HI. TEMPEL, Auditing Committee. '80....... I 1 50 25 7
w. r. FORRESTER. Se(retary. K ! - I 50 25 1695
.S, W t,, 0 ad i uu :,r ! ,,,ed before me, this 7th day of .anuary, A. I, - - I . . 30 126
E. S. MUSE, 5..5 I . _ . . I . . .. ............. __s
(, &rk , Ex 1ffi.i() N,,ry Public, Parish of West Feliciana. ... . 5
N 25 We Pay .3 Per Cent. Interest on Installments Paid"in 4
"$~.Ss,1w a:4a:.s. ;JJ'.imJ..nJ i.~ spi. . .. ............

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