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2 TEST OF TIME
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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-
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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"