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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 15, 1929)
o O o o - . PAOTC FTVE 3i5 0. o JfEDFORD MATTj TRTBUNT!. MEDFOTJD, 01?;OY. Tl'KSDA V. .TANTARV. 1fi2). BiT.I,'..,J -. 1 o o s ' o .3 StoiE:.- TTiWBRl&ir 1P1I SitlhhiP3iI mwillm o 0U PART IN THE GROWTH OF MEDFORD o The officers and directors of the Jackn County Building & Loan Association are gratified in being able to have an active part in the growth and prosperity of Medford and Jackso county. During the past 12 months, this association has made 250 loans, totaling $348,000.00 to people here for th build ing of homes and business structures and improvement of their property A policy of liberal co-operation with community enterprises has been followed by this institution since its organization in Febru 0 ary, 1909. We are proud of the fact that since that date this association has loaned between two and one-half and three million dollars to Jackson county people. o The Jackson County Building & Loan Association Shows REMARKABLE Growth During the Past Six Months... .Increasing Assets Over $85,0001 Nineteen twenty-eight has been an exceptionally successful year for this association. During the past six months, since July, 1928, our assets have increased over $85,000! Through the management and under the direction of capable Medford business men, this institution is showing substantial growth that is gratifying to our many associates; our success and increasing business is evidence of the confi-. dence people have in the management and policies of this association. In addition to paying our semi innual dividend, more than $5000 has been transferred to our reserve fund, making the Jackson County Building & Loan Association one of the most financially sound associations in Oregon and the Northwest. 30,000 in DIVIDEND CHECK Will Be Mailed to Shareholders in This Association on Tuesday, Janu ary 15, Representing Their Semi-Annual Dividend. Installment Stock Owners Will Be Credited Over $7000 on Our Books. s EARN It Through An Investment That Is SAFE PROFITABLE AVAILABLE Wise investors, who desire SAFETY, PROFIT and INSTALLMENT stock, will find that PREFERRED and INSTALL MENT stock in this association ' combine these three desirable requisites. Twenty years of successful business, the integrity and ability of those who manage this insti tution, together with the fact that your money is, loaned on monthly payment, non negotiable first mortgages on improved Jack County property, insure the safety of your investment. 7';i interest is paid on pre ferred stock and 81 on installment stock. if 40TH SEMI-ANNUAL FINANCIAL STATEMENT RESOURCES. Cash - $ 54,549.15 Notes receivable . 1,079,187.29 Real estate 17,501.93 Interest receivable 5,496.21 Office equipment . 1,200.00 Accounts receivable 1,202.81 $1,159,137.39 LIABILITIES. Stock $1,061,397.03 Incomplete loans 17,212.69 Surplus 36,376.51 Notes, payable 1,500.00 Accounts payable , ,409.48 Undivided profit 42,241.68 $1,159,137.39 ir Directors C. M.. Kidd A. L. Hill John C. Mann J. J. Emmens R. E, Green Glenn 0. Taylor Glen Fabrick Emil Mohr 0. C. Boggs Officers C. M. Kidd, President . John C. Mann, Vice-President J. J. Emmens, Vice-President R. E, Green, Treasurer 0. C. Boggs, Secretary-Attorney J. F. Fliegel, Assistant Secretary A. P. Butler, Assistant Secretary NATIONAL THRIFT WEEK January 13 to 19 A Good Time to Invest in Jackson ' o County Building & Loan Stock The success of the thrift movement in the Medford schools is evidenced by the fact that 3369 school stu- dents have accounts in this institution, totaling $21,404.04. 3i You Will Be Interested in Our Booklet, "How Shall I Invest My Money." Ask for It, . arrays l m MX 16 fife lit f ; l L J 4 m