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The true Democrat. (Bayou Sara [La.]) 1892-1928, January 18, 1913, Image 5

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

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn88064339/1913-01-18/ed-1/seq-5/

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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.

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