The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1888-02-25
TnE OHIO STATE
Savings and Loan Company, II Bridgeport.
ia Plan.


Few institutions in this country have
exerted greater influence in promoting
the growth Of our towns and cities, or
have in SO great q degree contributed to
their development and material pros
perity than building and loan companies.
One hundred and forty thousand build
lnRs In the city Of Philadelphia alone, and
hundreds Of thousands elsewhere, erected
directly through the fundamentally and
assistance Of these associations, stand a. q
constant reminder Of their great practical
utility.
The early history and experience OF
these associations indicates, that " lille
they were highly priced, extensively pat
ronised, and resulted in much practical
good, vet the true principles were neither
fully developed nor well understood by
either shareholder or director, and there.
fore the best results have not always been
realized. But time and experience have
Wrought-out many changes, notifications
and new features. State Liquidation has
interpossd and assisted in more fully de-
veloping and pertecting the principles by
which these companies were TO be gov.
erned.
In the light Of twenty years experience
and q very careful examination Of the
plans Of our best companies and their i'm
proved methods, the Ohio State Savings
and Loan Company, Of Bridgeport, Ohio,
has been organized under the revised
statutes Of the State with q perpetual
charter and authorized capital OF $780,
900. The object Of the company 10 clearly
defined In It's charter, as folloHs:
"To RAISE FUNDS TO BE LOANED TO ITS
MEMBERS TO AEsIsT THIN IN ACQUIRING
HoMEsTEADs AND FOR oTHHR PURPOSES"
Our plan comprises not only all the late
and desirable improyemements oil other
companies, but also number Of new fea-
lures which are distinc!lyely its own;
as, for instance: A complete change In
the mode Of awarding loans; thu Rdop-
ton OF specific uniform premium; 3
specified time when the stock natures
and payments cease; the choice Of shares
from $50 to $500, including Rhares Of 500,
$3.50, $500 and $3.50; the system Of ex.
changing unbought shares for an equal
number OF others, either OF larger or
smaller denomination. Thus We have The
lates! new features Of other companies,
such as Understanding certificates, for
pAid.up stock, with coupons attached.
Certificates, including profits, payable Ct
specific time in the future without in
terest. Shareholders may Withdraw and
receive all deposits, with per cent in
terest after the frat year. II you are seek
ing cafe investment for monthly depos'
lts, this will pay you 10 per cent. II you
wish to acquire homestead, this compa.
ny will assist to do so, by lending you the
par value Of your shares or make your
payments on the property. And in many
oSaaa the rent thus saved will pay the
dues, interest and premium 10 the Comps.
ny, and thus at the maturity Of the stock
you have become the oWsr Of property by
the application OF that which otherwise
would have gone to pay rent. For further
information call at our office or correspond
with the company.
w. HoLLIsTRR, Secretary.
The following are the officers and d.
IeCtors oil this company:
Samuel Woodcock, President.
William Kidd, Vics-President.
W. Hollister, Secretary.
First National Bank, treasurer.
Dlrectors-S. A. Clemens, William H.
Orr, George. F. McGlumphy, Harry w.
Rhoada.