The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1868-01-23

around the circumference, with the
date of tho incorporation Of the
association. SILVA
MgNuRRsntr.
Each Shareholder, guardian or
trustee shall sign the Constitution
aud BY. Laws Of the Association, aud
annex to his signatare the number of
of shares subscribed for by him. DO
( fore he shall be entitled to any of
tho priyil, ges Of this Association.
Each shareholder, guardian or trus
tee, on the FIRST payment Of his month
~ dues, shall receive FROM the Asso-
citation certificate Of the amount Of
stock subscribed for by him, signed
by tho President and Secretary. and
stamped with the seal oc the Associa
ton. f,f H ..I
1aD0 CgRTIFIcATE OF SrocK.
All the shares or certificates Of
stock arc to dato from tho
of--------lSGS. Persons taking
stock after that time, must pay tho
overdue lnonthly instalmonts on said
stock, and ten cents additional per
share for each months delay in the
payment of said insialments. Each
member shall pay for tho revenue
stamp on his certificate Of stock, aud
also the cost Of his receipt book,
MoNruLY PAYMENrs AND BDs ron
.aII,InH Loans.
Monthly payments on stock aud
interest on loans shall bo made on tho
------evoning Of each mouth, begin
ming With the month of---A. D.
1868 aud bids for loans will be re.
ceivod the same evening. The Sec.
retary shall keep record of and an.
nouncc tho highest bids, aud place
them in the hands Of the Committee
on Loans and Securities. The per.
sons who have made such bids, shall,
on the Monday following, place a
memorandum of their proposed socu-
rites in the hands Of the Secretary
aud at the meeting Of the Board Of
Directors, on the Saturday evening
following, if the securities have been
perfected, tho loans shall bo awarded.
Not more than five loans shall be
awarded TO ono person on one bid
during the FIRST year of the associa
ton.
TRANSFERS.
A shareholder, guardian or trustee,
wishing to transfer his share or shares
may do so personally or by an attor.
noy, in the presence Of the Secretary
ofthe Association, who shall record
this transfer in book to be prepared
ami kept by him for that purpose a.
lone such transfer shall also be en-
dorscd on his certificate of stock,
The charge for each transfer shall be
twenty cents, which shall be the fee
Of tho Secretary All transfers Of
shares shall be reported by the See
retnry at the monthly nesting next
after they shall be made. The trans
feree sLall not beeoms a member un-
til hc shall first sigu the Constitution.
PURCHASE OF srocK ron CAsn.
Persons Rishing to intest ia the
stock Of the Association by paying
cash for il Instead Of by paying by
monthly instalmeuts, may buy share
Of stock for $3.50, if paid for before
the tino for the second monthly iu-
stalment, and for ono dollar ID. addi-
ton for each subsequent months de-
lay to purchase. Shares Of stock SO
bought will be like all the others.
payable when the whole net assets Of
tho Association shall be enough TO
divide two hundred dollars to each
member; ahd the amount paid for
such stock shall be subject to with
drawal, with q per cent. interest, on
the same terms as the amounts paid
by monthly Instruments,
PAYMESr oE LOANS.
Any member who hes taken loan
from the Association, eau pay it back |
and take up aud csuoel bis mortgage
or other securities, at aUy tinae preyi-
GUS to the thlrl Saturday Of each
month, by payiog 70 tho Association
the amount ofmoney aegually adyan
cod 70 him on his loan on loans, to-
sether wishasll the monthly dues on
stock held by him, aud all interest ON
bis loan or leans, falliog dae within
the month iu which the payment Of
the loan is touderod 90 the association.
No Delinquency ia these payments
may be allowed longer than six