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Newspaper Page Text
e in berties. W The American Home the Safeguard of American iberties. Semi-Annual Statement S of the MUTUAL BUILDING & LOAN ASSOCIATION Located at ST. FRANCISVILLE, LOUISIANA For the Six Months Ending December 31st, 1912. Assets Mortgage loans, secured by vendor's privilege... .... ............... $52,300 00 Loans secured by stock................. 3,809 63 Stocks and bonds......... .......... 7,000 00 Due from members on stock ............ 1,262 00 Due by borrowers for interest........... 839 71 Due by borrowers for taxes and insur ance advanced....... .......... .. 444 20 Furniture, fixtures and supplies........ 86 80 Real estate acquired by foreclosure and otherwise ........ ............... 4,509 22 Real estate held during process of transfer .. ... .. ........... 2,497 05 Cash in hands of Treasurer ............. 1,815 52 Total ................ $74,564 13 Liabilities Installments and dividends on serial stock ...... .................... .... $66,454 69 Dues advanced by members before due.. 138 00 Contingent loss fund................... 500 14 Borrowed money and interest .......... 2,500 00 Undivided profits, net, for past 6 months 1,771 30 Total .................. $74,564 13 .Profits and Loss Account Six Months PROFITS Interest collected.............. ..... $1,336 17 Fines collected ............... ........ 65 50 Profit on withdrawals ................ 1 70 Interest due by borrowers .............. 668 69 Rents on real estate............. ... .. 97 00 Sale of real estate....................... 392 74 Total profits......... $2,561 80 LESS Expenses................. ...... .... $636 29 Interest on borrowed money ............ 154 21 Total................. $790 50 Total profit. ......................... $2561 80 Less expenditures..... ................ 790 50 AN Net profit, 6 months ending Dec. 31, 1912 $1771 30 S STATE OF LOUISIANA, )ss: PARISH OF \VEST FEIACIANA ) \We, the memnibers of the Auditing Committee, and the Secretary t' th1e above named Association, do soleimnly swear that all the foregoing :;tatmientls of the condition of this Association for the six months end in:: as h above sl(scif'ied are true and correct, to the bhet of our knowl ,d'' and blif. W. H. BUQUOI, A. M. HENDON, G. H. TEMPEL, Auditing Committee. W. I. FORRESTER, Secretary. Sworn to and subsribed before me, this 7th day of January, A. D., Clerk & Ex-Officio Notary Public, Parish of ,Vest Feliciana. I We Pay 3 Per Cent. Interest on Installments Paid in Advance. I . wom .na .wev.mewnew..m wm, w ,en em.anm, Officers and Directors S. McC. LAWRASON, President. G. L. PLETTINGER, Vice-President. W. T. FORRESTER, Secretary. J. R. MATTHEWS, Treasurer. BEN LEOPOLD. L. W. ROGERS. A. S. LEONARD. D. I. NORWOOD. PF G. HOCHENEDEL. SUBSCRIBE FOR STOCK. SERIES "0" NOW SELLING. SEE THE SECRETARY. 1912 DIVIDENDS Series I 1902 1903 1904 1 1905 1906 1907 i 1908 1909 1910 I 1911 1 1912 A 1400 1350500 550 345 470 1 600 1 625 i 710 1 720 1 10 11 2 50 14 00 1 4 50 1 2 65 1 370 500 1 550 1 6 30 16151 I865 ' 1 25 350 1400 1230 1 3301 450 1500 545 5651 800 ! 251 3 001 3 50 1 1 95 1 2 85 1 400 1 4 60 1 500 1 520 1 740 _1 , I 1250 1301 200 310 1360 1 400 4301 625 II I I70 1125 1225 2801 315 13451 520 SI65 1 1 50 1 2 10 1 2 40 1 275 i 4 30 h _I I 1 1100 145 165 2101 3a50 .. . I I I 1 80 1 05 1 45 2 70 .1 I I I I I 50125 I 195 K I 1 . . 1 . 1 25i 85 1 60 --I --I- -I 1- - - - 1- - - -- -I 3 0 1 2 5 1 - - - -I I __ i I. I I I 55 .I.I .I I I I I 1 25 Our Objects It will pay you to examine the plan of our Association, r if you desire to own a home paying for it in small month ly payments. U The objects of this Association are two: 1. To provide a safe and profitable way of investing u the small savings of its shareholders. 2. To furnish them with the means of borrowing money to build, purchase and improve homes for themselves. The funds of this Association are invested in first mortgage loans on real estate. We also lend money upon the simple pledge of the stockholder's certificate of stock. The par value of each share of stock is $200.00, pay able in installments of $1.00 per share per month. Share holders wishing to pay for their stock in advance are al- i lowed interest at the rate of 3 per cent, per annum, and in addition they receive their full share of the profits. In addition to the books of this Association being ex amined semi-annually by a committee of stockholders-not members of the Board of Directors-they are also ex amined by the State Bank Examiner. The officers of this Association are under bond in a reliable Surety Company. Series "A" to be Retired. We will mature Series "A" stock during the year 1913. Holders of, certificates in this Series will be paid in cash. By subscribing for a few shares of stock in YOUR local Building and Loan Association you not only receive a fair return on your investment, but you assist in build ing up your town. We Expect to Issue Full Paid Stock During the Year 1913.