The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-05-10
SPECIAL NOTICES.
THE NATIONAL ASSURED BUILDING,
LOAN AND CONsOL AssOCIA-
TION OF SAVANNAH, GA.
AUTHORIZED CAPITAL. s25.OoO.OOo


The Building and Loan movement is Justly
considered, by observant minds, the most i'm
portant financial movement Of the times. Some
OF our greatest hnancers have given their ener-
gies to its development aud its progress and
practical results will astound those who have
not kept abreast with it, The march of prog
ress must continue until the building and loan
movement Is shorn of its Objectionable features
until the inequalities of this grand cooperative
movement are removed, and until ample protec-
tion be afforded to its members.
The plan Of the National Assured Building,
Loan and Consol Association was devised to
accomplish these very purposes, and its organ
izers present 1t to the discerning public with
full confidence that it is to-day the best plan
yet adopted, and with the satisfaction that men
OF national reputation have indorsed it as being
far IL advance of any similar movement
The plan of the National Assured gives a def
mite contract to every member obtaining money
from IT, and makes this fixed period at g. 4, 5, 6.
2, 8, or 10 years at the members opti0n and
that too, without charging any bonus or max
ing any discount whatever. When a member
gets 81, 900 from the National Assured he gets
81, 900. not $500.
The plan Of the National Assured affords pro-
lection both TO investing members and mem
0ers obtaining money. Through its contract
with one of the strongest life insurance com
to their heirs in case of death the FULL, MA
TURITY VALUE OF THEIR SHARES. Like
wise, assured consol members secure for their
families the cancellation of their mort cages in
the event of death, without further payment OF
any kind. This is protection that is worth hav-
ing, and 1t behooves every homeseeker espe-
cIahy every one OF limited means, to consider
this feature well. The National Assured is the
only association that has taken this advanced
step.
The National Assured also affords fire insur
IN ia ~ ap1 bsars
charge
The National Assured Building, Loan and
Consol Association is a great cooperative saw
lngs bank, from the fact that all the profits are
distributed equally among the stockholders,
ana not, as IN the case of savings banks and
insurance companies, the lions share to a few
preferred stockholders and the accumulation of
immense assets
On the first of January, 1890, the combined
assets OF thirty-fOur life insurance companies
amounted to 800, 0O0000. 1t is estimated that
IN the ordinary progression of the business these
assets VIII amount in twenty years to the enor-
nous sum of 81, 900 900 00O
CONSIDER for moment that this enormous
sum has been withdrawn from use amongst the
people, and its Importance becomes at once ap-
parent.
The building loan association idea is one of
the most economic forces Of the period and is
destined to be the greatest
Inc building loan association is a movement
that more diviney ful1lls the designation of
one OF our greatest Presidents describing the
hONOAA VI Juo OulJeu DtdJ6S IMAM any OLlef
movement, because, practically it is of the
people, by the people and for the people"
Members in class have the right, after one
year, to withdraw all payments Save admission
fee) and receive the full amount thereof without
any deduction of expense item, as in other asso-
Citations, and with six per cent. interest for the
average time in addition thereto,
The management comprises some of our best
known and progressive business men, viz:
President-P. W. MELDRIM of Garrard &
Meldrim.
Vice President and Actuary-w. R. THIG-
PEN
Secretary and Manager-C P. MILLER,
banker and real estate.
Treasurer-A. r. FAWCETT Of Decker &
Fawcett.
General Attorney-G H. MILLER.
Director Of Agencies-V. BREVERD.
The temporary offices of the association are
located at 1871 Congress street. where c. P
MILLER, secretary and manager, will be
pleased to receive all persons desiring further
information. Persons unable to call may send
postal card, and courteous agents of the asso-
citation will wait upon them at their homes 1t
is the Intention OF the National Association to
extend its business into every desirable town
and city in the United STATES. Parties desiring
agencies are requested to address
v BREVERD
2. 0. Box 90, Savannah, Ga.