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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 14, 1929)
Iff gj f Tfi amnffg g 2 TEST OF TIME TH m 1 The strongest proof of the honesty and ability of an institution is its survival over a long period of time, marked by steady, sub stantial growth. The confidence of the public is expressed by patronage and support which gives us justifiable satisfaction in the fact that - JACKSON COUNTY LOAN ASSOCIATION HAS ENJOYED 20 YEARS OF SUCCESSFUL BUSINESS :-o- P - kmmmeaimtammtufemr Our Remarkable Growth Our association was established in Medford in 1909, and since that date an annual divi dend of 1', or more has been paid semi annually. A comparison of financial state ments speaks for itself July 1, 1922 $ 172,561.00 July 1, 1924 350,230.16 July 1, 1920 774,119.13 July 1, 1927 1,010,984.73 ' July 1, 1928 1,074,229.55 July 1, 1929 1.229,440.74 The Jackson County Building & Loan As sociation has played an active part in the growth of Jackson county since 1 !)(!!. For the purchase, construction or improvement of homes in this county, if KH.IiOO was loaned dim iii; the past year. It is your Community lluilder. Officers C. M. Kidd, President John C. Mann, Vice-President J. J. Emmons, Vice-President R. E. Green, Treasurer 0. C. Boggs, Secretary-Attorney J. F. Fliegel, Assistant Secretary A. P. Butler, Assistant Secretary Marked by growth which has been nothing short of phenomenal. A comparison of the financial statements of recent years is itself evi dence of the success of this association. 4 1ST SEMI-ANNUAL FINANCIAL STATEMENT JUNE 30, 1929 RESOURCES Cash $ 39,153.06 Notes Receivable 1,160,429.60 Real Estate 17,520.68 Interest Receivable ... 8,914.32 Office Equipment 1,200.00 Accounts Receivable,.. 2,223.08 $1,229,440.74 j LIABILITIES Stock $1,125,044.13 Incomplete Loans 19,841.19 Surplus 41,486.75 Accounts Payable 728.96 Undivided Profit 42,339.71 v $1,229,440.74 A Sound Investment As an investment, stock in the Jacksou County Building & Loan Association is in- comparable. Since 1909, -when this associ ation was established, stockholders have not failed to receive their annual dividends of not less than 7-, paid to thein semi annually, ('hecks for ,$32,000 are now ready for mailing dividends for wise in vestors who have purchased stock in this institution. From a standpoint of safety, no surer in vestment is offered anywhere. All funds entrusted to this association are loaned on improved real estate, on .a conservative valuation, being repaid in monthly install ments. Our officers and employes are bonded and our books are inspected annually by the Building & Loan examiner of the State Corporation Commissioner. Directors C. M. Kidd A. L. Hill John C. Mann J. J. Emmons R. E. Green Glenn 0. Taylor Glen Fabrick Emil Mohr 0. C. Boggs $32,000 IN DIVIDEND CHECKS will be mailed to shareholders in this association on Tuesday, July 15, representing their semi - annu al dividend. Installment stock owners will be credited over $7,400 on our books. 'JOWSSRESESSraF' J1 North Central Avenue Medford,a Oregon "The Place to Invest Your Savings"
