Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1885-03-22


logging along steadily all being in pros
perous condition. There is very active
demand tor money reported from sll OF
them, stockholders desiring to take sd-
vantage of the low prices to improve their
property or build anew.
The Citizens Association, last Tuesday
mig ht, reelected its old Board of Directors:
The Mutual Association last night elected
the following Board of Directors: W. Z.
Handlan, VIM. Goering, j. E. Hanes, Frank
Fslloure, Ed. Sharkey, Jr., Louis Hartrung'
P. B. Dobbins, J. F, Miller and Oscar San
drock.
RELLAIRE BUILDING ASSOCIATIONS.
The Bellaire Savings and Loan Com
pany has secured enough takers OF stock to
insure success, and the following iHcorpor-
ators have called a meeting in the City Hall
on April 8, to elect seven directors: James
B. Darrah, VIM. J. McClain, John W. Coul'
son, Patrick Whalen, David II. Darrah,
John Z. Robinson, James F. Anderson. 1t
will be seen that the new company COM
prises a number of our best business men.
About 700 shares are subscribed, we under.
stand, and more are constantly being sold.
With the initiation of this company Beila're
has secured what will answer her as small
banking concern. 1t is to be run on the
perpetual plan, like the building asso-
ciations of Cincinnati and other large
cities, and gives a person the right
to become stockholder at any time. There
is reason to believe that when business picks
up again stock will be sought after, as a
member of the association, under the rules
and regulations, can buy out equal to the
amount of his stock at six per cent. Under
the old system of buying money the pur.
chaser is required to pay six per cent, and
whatever he pays for it on the share when
it is sold to him. The association will
flourish with a thousand shares of stock
taken, or it will handle 5000 shares. 1t all
depends on the interest taken in the con-
cern. As stockholder in the building as
sociations under the old plan, can see the
advantage in the Bellaire Savings and
Loan Company for the buyer. For
instance take the plan now pursued by the
different loan companies Of the city. A
member who owns four shares of stock
desires to buy out that amount which m
the Glass City and the Buckeye is $780,
Suppose the money sells at so cents per
share which is much lower than 1t has ever
done in the latter. Wei, $500 at 6 per
cent, which is stipulated by the rules Of the
old associations, has to be paid, and so cents
on each share which is 81 more each
month. The monthly dues then on 5000
are $3 for interest, & for the premium paid,
and the regular stock is continually due
monthly as before, the whole amounting to
SO per month, the amount buyer pays for
5000. Bv the new system the 50 which is
paid as premium is done away with, and
but per cent charged, thus saving the
purchaser $24 per year on the above named
sum.
THE BUCKEYE.
This association will be two years old the
first week in April and it is expected to
have good showing for the year. Never
has any ike association had such pros
perity as has been rendered this one. When
the company was first organized Sam
Chambers was secretary, but few months
afterwayd V. T. Morgan filled the place
made vacant by the resignation of Mr..
Chambers, and has continued to serve the
association in this capacity ever since. A
short time ago money sold in this institution
as high as 2l0 cents premium per share.
GLASS CITY.
| BUYERS of stock in the Glass City who
have put up houses for themselves have
bought their money at pretty fair 6sures.
| The association is now four years old and
until the decease of John Kelley, her book
keeper, found nothing to mar the progress
of the association. The directors Of this
company are business men and most OF
them have purchased money out Of the as
sociation and are therefore interested in the
welfare of the institution.
THE BELTAIRE
is the Oldest building association in the city
and has had successful career so far. c.
II. Srahl was secretary before Miller Booth
but resigned when he retired from the gas
Office. A share in this company is larger
than that of the others, being 5000. The
first two years very little money was made
but the last year the profits were considera-
bic. The next meeting will be held on
Monday night.
| MARTINS FERRY NOTES
}. 7. Harris has two associations in his
charge. One is the Enterprise, and the
other the franklin. The Franklin is on
the serial plan. 1t commenced operation
| in 1879. A new series was opened in 1850.
Others in 1881, 1882 and 1889. The an
nual report showed it to be in very good
condition. The trouble with the associa
ton is that they can't get enough money to
loan; they have no trouble in loaning
at an average of 3S per cent.
The Enterprise Association has been in
operation since July, 1881, and is in very
good condition 1t is on the same plan as
The Economy, Of this city. Last month
stock sold at 80 per cent.
FORMERLY weak, nervous, dyspeptic and
debiitated individuals who found only dis
appointment in the various bitters and
secret qusck nostrums, pretended kidney
medicines, etc., are agreerbly surprised tc
regain perfect health and strength Of mind
and body, and complete hearts ease and
freedom from aches and pains By the use o.
DR.. Guysott's Yellow Dock and Sarsaparills
1t restores every disordered function to 9
normal condition.
A Handsome Music Store.
Dropping in at the popular music stort
of F. ". Banner, No. 1910 Market street
yesterday REGISTER reporter was sur
prised 10 see how the large building hac
been fitted up and arranged. A large
amount Of money has been expended il
decorstipg the immense rooms which Mr.
Baumber finds necessary to carrying on hii
extensive and growing business, and h'
now has the satisfaction of knowing he ha'
the handsomest music house in the State
On the first floor, the walls of which ar
covered with rich gilt paper, put on with 1
view to producing the best effect the re
porter found large number OF pianos TO
renting alone, and in addition q CAREFUL.
| ,olon.,l .kooI ~ alaak ,npa;o and mi All