Newspaper Page Text
VOL. '6
You Cimb the Ladder of Success on the Rung of Dogged Persistence.
A Record of
Success
of which we
Boast
i n May 1905, eleven years ago, a few
, , n ,, niative citizens of Cartersvilie
oi-.inized The Cartersvilie Building &
],o:ii] Association.
- v number was small. The locality
1 . V ;Ti r had little experience in this
l:jof (profitable) saving, there was
timidity; but at the same time there
wa.' a patience and progress that did
not let up.
Having a good thing, which the or
iiC rs knew, from investigation, and
financial science, they ljept it before
ii: public, adding each series, of six
months, new members, until today
there are over 300 individuals with an
aggregate of over $350,000.00 sub
scribed.
In the handling cf $3L0,000.00 in cash
ic , idpts and disbursements, not a pen
ny has been lost. Each dollar being
invested in Bartow county upon firs,
ir rtgage security, at not over 60 per
cent of the actual appraised value, the
association keeps in a healthy, vigor
ous condition., with liberal monthly
receipts, enabling them to care for a
large share cf the loans, eniablling peo
ple to own their farms, homes-oyt l
iivess hctrses.
We have added to the wealth of Bar
tow county, materially by—
baiMintg New Homes ~ 85
Purchasing Homes 73
Securing Farms 15
Buying and Erecting Business
Houses 4
Emergency Loans Upon Stock 62
Total Loans Made . 239
*° the members in the firs, series,
"ho have regularly, and some with
sacrifice, paid into the association
their 50 cents per share per month,
'ho association has added something
over $,14.00 profit to each share and
l’aid them off in full. The 199 shares
hi this series, receives in cash this
v ek the maturity and its equity in
the surplus, making $20,003.48.
( an you figure a better investment?
B you will divide your life insurance
*'■' ' a hing a part of the contemplation
111 installment shares here, you will
hnl double the reward, and cash at
maturity. You can withdraw and
r weive your saving at any time.
officers of this association are
' - n S to make Bartow county a sav
county self developing—-putting
' saved dollar back into county
f!l 'elopment or investment.
-n nig no as f ar ag security is
mod. these officers invite and
-ery Bartow citizen to inivesti
and join the Bartow Club of
Plof itable saving.
THE BEST MEDIUM FOR SAVING IN BARTOW COUNTV
Will you make your application today for membership in the club of savers, where profits are 1% on your money?
, The Cartersville Building & Loan Association
W - VAUGHAN, JOS. S. CALHOUN, President
Secy.-Treas. M. F. WORD, V.-President
A * r H. MILNER, W. C. WALTON
Attorney W. H. FIELD
B. L. VAUGHAN
EUGENE W. SMITH
JOHN P. ADAIR Directors
THE BARTOW TRIBUNE
A GENUINE EVIDENCE OF SAVING -
'. ~~ I - . _/wfcTlL_ "1 l*r4' V^_jCßSfct— --
A chock has a glad smile. The above beams of good nature are a few among the real
$20,000.00 distribution made this week to the faithful savers in the Cartersville Build
ing & Loan Association.
We Invite Your Attention. We Ask for Your Membership.
RECEIPTS AND DISBURSEMENTS FOR ELEVEN YEARS.
May Ist, 1905 to April 30th, 1916.
RECEIPTS. ,
Full Paid Stock Sold 2H.rn.00
Installment Dues 136,2(3 35
Interest Receipts 44,925.05
Bines 4 229.64
Withdrawal Fees 317.68
Membership Fees 1,011.00
Transfer Fees 114.95
Loans Repaid 53,160.75
Borrowed Money 51,250.00
Deposit on Loans . 87.70
Taxes Repaid 47.55
RECEIPTS.
Installment Dues $ 21,701.00
Full Paid Stock 2,500.00
Interest Receipts 9,905.08
Fines 45.00
Withdrawal Fees 91.25
Entrance Fees 114.60
Transfer Fees '. (7.50
Loans Repaid 9,620.00
Money Borrowed - 8,000.00
Taxes Repaid 4 t oo
Cash May Ist, 1915 2,439.86
. PROFITS. a _ _
Interest Received 5 9.905.08
Fines 45.00
Withdrawal Fees 91 -25
Membership Fees
Transfer Fees
Undivided Profits May, 1915 389 "’ 6
ASSETS.
First Mortgage Loans $129, 1 00.00
<**>”* -
, .gawmr
$144,916.96
$ 10,562.89
SHOWING CONDITION OF ASSETS AND LIABILITIES AFTER CLOSE OF BOOKS END OF FISCAL YEAR APRIL 30th 1916 ’
CABTEKSVILLE,. (4A., MAY it, 1916
$310,457.57
SHOWING RECEIPTS AND DISBURSEMENTS FOR ONE YEAR.
From May Ist, 1915 to April 30th, 1916.
$ 54,481.74 , ka 7/
SHOWING PROFIT AND LOSS FOR ONE YEAR. ¥ ’ 81/4
DISBURSEMENTS.
Full Paid Stock Retired <f ~ ; . . ;; .... $ 9,000.00
Withdrawals m 49,093 65
Loans Made 182,860.75
(Merest on Full Paid Stock 3,932.72
jfoifcr&H on Borrowed Money' 1017 97
Expend and Taxes . ' 5J7008
Interest A uvar.ee Payments .'
Borrowed MoiiA' Repaid 43 250 00
Supplies '. . 152 15
Deposit on Loans Apptfed '!!!!!!.”! 87.70
Frofif and Loss ......... 18 68
Taxes Paid i””” ! 47.55
Cash on Hand 15,216.96
DISBURSEMENTS.
Full Paid Stock Cancelled . ■ ... .. . $ 1 000 00
Withdrawals 15,799 4>
Loans Made *. .!.... 2o!405!o0
Expense and Taxes i . 209 11
694 to Full Paid Stock 1:.:.... 70G 00
Deposit on Loans Applied 770
Taxes Paid .....: /7V3
Cash April 30, 1916 in Bank 15 2^\s c ,£
„ LOSS.
Expenses and Taxes * 1 209 11
3 r / to Full Paid October 30 385 00
3% to Full Paid April 30 *..!!”!”!”!!!! 41 L00
3 ’A r /< to Installments October 3 642 75
■' l L% to Installments April !. 3 917 86
Supplies Charged off ’ 4 r pr,
Undivided Profits 952 17
LIABILITIES,
.installment Dues sl2l 864 79
:::::::: f I :
UDdivw > •>• ..* S5?
$144,916.96
i ADVANTAGES
TO YOD
|
! Warrants our
Appeal
Eev men, scarcely any children, can
carry money frt their poegets.
Pocket money invites temptation to
spend.
Spending begets ha Sit. Habii grows.
Character Js made.
Life is a failure.
This Associations tries ao teach and
encourage saving, for investment, be
lieving that if vre once get the boy,
girl, raberer, salaried man, to begin to
save, we have succeeded, In part, in
our mission.
if we t art get you to persist in sav‘
lug we have made a better citizen.
This Association aims to jnovide a
home for every worthy citizen in. the
county The undertaking is great, but
there {a no limit to the possibility of
progress or doing right.
If yen wish to borrow money, you
get the whole amount, at the usual
legal rate. You get your proportion of
all the distribution of profits ever six
months. You get. interest compounded
ip Your Favor. You get a privilege of
having utc War to run years,
‘or can" pay it off at any time after one
year.
You get both ends of the string.
This Association is to help human
ity, keeping itself safe and secure in
the faithful discharge of Its duty.
I ' vv reboghize ihat we can not help
j a man and skin him at the same time.
A worthy cause can not possess a
taint of severity or advantage.
Your grand-pa, when with a dollar
bill, had nothing to do with It, but
smoothe it otit and place between the
mattress, until number two, three,
, four, and so on was earned. Then in
vested.
Today, his grand-child that gets a
dollar bill, finds .a thousand claims and
temptations to take it.
To be able to save, you must do it
by fixed installments. To pay debts,
you must provide some installment or
monthly plan, whetting it off at the
most rapid rate, thereby reducing the
interest.
$3lO 457 57
This Association stands ready to
help the thrifty, progressive man, or
woman willing to work, save and share
our co-operation.
Can we have your membership Now?
Can we serve you?
The May series for investment is
epen, and already over 106 shares
have been sokl. Send the secretary
$3.75, $7.50 or $15.00 for 5, 10 or 20-
shares today.
If you do net understand asfk the
next fellow to you, he may be a mem
ber—if so he is not kicking.
NO. 11