Evening star. [volume] (Washington, D.C.) 1854-1972, 1886-04-17
Equitable c. b. Association.

WHAT HAS BEEN DONE-NEW ISSUE OF STOCK.
When the Equitable organized it was main
tanned by those interested that they had the
would make the Equitable q success in carry
iIg out the true principle and object of q build
ing association in the highest degree, to the
advantage, benefit and protection of the MEM
bers. There is no better argument or proof of
the correctness of this statement than by show
seventy-seyen months. The total receipts to
March Is, 1856, were 81 ,S61 547 So The
average monthly receipts have been S23,-
S65.99; the average last year were $45, 1863. So.
and the average the past five months OF TINS
fiscal year have been 51,347.23. The total
shares issued 1926, the earnings on which
have been SsO.lil.27. The average amonnt
saved in regular monthly payments on
stock Is 80 per month, or 26c. per day; the
lowest Is $500 per month, or Sc, per day.
the highestis SIS per month OF 81. SO per day''
Over 500 loans have been made amounting 10
q, BOA 800, and but one mortgage foreclosed,
assets were $50, 1919, the second S12I .O:3.
20, the third S1s4,21O99. the fourth 1884.
Ss1ss ssh h tss years sa,4
not only u large, but a steady yearly increase of
business. The lowest amount held by q share
the average held by each shareholder is S174.
II The association guarantees 4 per cent on
witndra , at any time, and larger rate on
branches Is conducted upon thorough business
principles. The board have q finance cOmmit.
tee, valuation COMMITTEES and committee on
u
monthly examination OF all the books
and transactions to date, Tor which
they are paid. Changes of rules
or new ones proposed are referred to the COM
mittee on rules, ana the valuation COMMITTEES
assesses property offered security for al
vaDces. In making advances while it Is the
purpose OF the association to encourages and
render practical aid to its members ia stc,,rina
homes, the board require that the real estats
taken as security, which Is the only security ac-
cepted, shall have careful true valuaiion
making the security for the amount adyanced
ample and unquestionable. The present ofii-
GERS and directors are: Thomas SomerytIle
president; DIR. A. j. Schafhirt, first vice prcsi.
dent; George w. CASTELAR,, second vice president:
John Joy Edison, secretary; Benz. +. Fuller, III.
III. Twombly, Fred w. Pratt, Hon. Ellis Spear,
Lawrence Gardner, Thomas b. Cross jr George
w. Fisher, Kos A. Fish and George W. Hark-
ness, directors. The full number OF shares hay.
ing been issued that was allowed by the cOnsti.
tuition, 1t was determined at full meeting OF
the association last month, by q unanimous
vote, TO increase the limit Of shares to $4,000,
which enables the directors TO commence the
18th issue Of stock, subscription books for
which are now open. Office S17 + St., I'd floor,
$50 q. m. to 4:3O p. m.
THE HEBREW TEMPLE ON EIGHTH STREET
DEDICArED.-The temple of the Washington
Hebrew congregation on 9Th street, has been
enlarged aud repaired, the ceilings frescoed
and the entire building very much improved at
q cost Of $11 900, and last evening the building
was dedicated with appropriate services. Re
mon Was delaveSod BY kov. l. Stern.