Medford mail tribune. (Medford, Or.) 1909-1989, January 15, 1929, Page 5, Image 5

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JfEDFORD MATTj TRTBUNT!. MEDFOTJD, 01?;OY. Tl'KSDA V. .TANTARV. 1fi2).
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o 0U PART IN THE GROWTH OF MEDFORD
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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.
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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.
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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
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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.
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You Will Be Interested in Our Booklet, "How Shall I Invest My Money." Ask for It,
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