Tillamook headlight. (Tillamook, Or.) 1888-1934, November 13, 1913, Image 3

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    rillamook
Headlight,
Home Building in Tillamook City
Outside Capital Keeps
Wheels Moving
EQUITABLE SAVINGS and LOAN ASSOCIATION
OF PORTLAND, OREGON, CREATES PAY ROLL BY INVESTMENTS PLACED IN THIS CITY THROUGH THEIR LOCAL AGENT.
A Word About Our Company:
I
What The Equitable is Doing in Tillamook City:
The EQUITABLE SAVINGS & LOAN ASSOCIATION, of 240-'*42 Stark St
Portland, Oregon was organized in 1890-just 23 years ago and is now the lari
geSt 1"±ni,On °1
TSt °f the
This organization has made
over 6,000 home loans totaling over $6,000,000.00, and of this amount over
$2,500,000.00 is yet in force, secured by home aggregating in value over $6,500 -
000.00. We now have assets amounting to over 3,000,000.00 and have paid
to our shareholders more than $2,500,000.00 in earnings. This enormous
growth is the result of eminently capable management, and of according honor­
able treatment to every person doing business with us; thus making friends and
keeping them. We are furnishing funds for development HOME BUILDING from
$80,000.00 to $150,000.00 per month. At the head of this Great Organization
are prominent business men and financiers of Oregon.
Chas. E. Ladd, President, Theo. B. Wilcox, Vice President.
Edw. Cookingham, Vice President, F. McKercher, Secv.
M. M. Johnson, Assistant Secretary.
C. W. Havhurst, Assistant Secretary.
C. M. Cook, Inspector.
Are you a tramp?
We make only monthly Installment Loans on completed City Residence Proper­
ties or for building purposes. IF YOU WANT TO BUY OR BUILD A HOME OR
REPAY A MORTGAGE and desire the aid of borrowed money, we ask you to
investigate our MONTHLY INSTALLMENT PLAN OF A LOAN, in which all of
the monthly payments for any given term are each exactly of the same amount
throughout the entire term of the loan; each payment applies on principal and
interest and when the last payment is made the mortgage carried by us will be
released. The EQUITABLE has made a large number of Ioans in Tillamook City
ior building purposes. This has gone for labor, material, etc., connected with
building; the funds loaned in Tillambok City get wide and varied circulation—
figure it out—all along the line. Since July 12th, we made 21 loans AMOUNT­
ING TO $58,700.00 the EQUITABLE IS WELL PLEASED WITH THEIR TIL-
LAM00K LOANS. We have helped and aided others to own their own Homes,
can we not do the same for you?
As an example of our average term loan of FIVE YEARS:— Wherein a loan of
$1,000 and interest is easily repaid in sixty equal monthly installments of $21.24
each, at the end oftheloan period, you have paid back $1274.40 in accumulated
interest for the accommodation; which is $25.60 less than a straight 6 per cent
loan would amount to.
Do you own the house you live in, or are you at the mercy of your landlord? Let us tell you our home building plan.
The two questions above may seem impertinent, perhaps they are, and will be so construed bv some, yet there is much food for thought in those two questions.
Think over them, talk the matter over with your wife or husband and then figure out the amount you arc now paying out FOR RENT, and just the size investment
you could make in a home using the same rent to pay for it.
We have some few choice, close in lots, easy payments.
They will never be purchased so cheaply
again in this Tillamook town.
Your opportunity is now.
Think the matter over, then let this office be of service to you TO-DAY.
Dfi| I IF U/ U/AT^AN
rWLLIL ¥¥. WAIOUI1,
INVESTMENTS, LOANS,
INSURANCE, RENTALS,
Todd Hotel,
Both Phones,
YOU BELIEVE THAT
I WHEELER,
OREG ON
The Manufacturing City on
NEHALEM BAY is B ound
to G row and that IN V EST-
MENT in W hebler Property
will be Profitable.
BACK UP YOUR JUDGMENT WITH YOUR
MONEY.
EO
TTilACCl
You mill make money by Investing in UlHEEUER.
For information regarding Wheeler, write to NEHALEM HARBOR CO., WHEELER, OREGON.
Tillamook Office :
Portland Office :
Care of F. R. BEALS.
327 FAILING BUILDING.