Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-03-04
New BUILDING Association.
One MILLION Or DOLLARS.

ONE MILLION OF DOLLARS
The assets of the PERPETUAL BUILDING AsSO-
CITATION now exceed the MILLION DOLLAR mark.
This gratifying has been acquired by the
slant and dgent attention and of the directors
and officers the affairs of the association involv
ing great personal sacrifices by them for the sole bene
Mt and profit of the members In this direction
will cite undsputsble fact. and that is the
economy in the matter of expenses in running the
ISOLATION.
The assets are 81. OOO 064 IL. The interest fund
amounts to S94. 800 ID This interest fund all belongs
to the members and to shares All Of the shares of
the first series have been paid of and retired. This
month March) the second series natures for 500 SO
per share dues paid. &124; profit. S76 49, profit
shares 1884 40; on 10 shares, $685. So 20 shares.
81 537. co; % shares 81. s22 co. The third series
natures fOr $l74. II; dues paid, &112 co. profit,
s62. II per share profit shares, 1913 55; on 10
shares. $627. 10; on 20 shares, 81 2254 20; on 25
shares 81 56 The fourth series natures for $3.50
per share; dues paid. 800; profit. $50; profit on
shares. $780, on 10 shares, $500; on 20 shares,
81 coo; On p shares, Sl,25O. All Of the Aforesaid
prot's at the rate of TWELVE PER CENT per
annum. With these rates Of profit to those who Dor
row. we'll to those who do not borrow it will be
found that money be had from this association
as low prices from other the high rates Of in
terest paid by not made by high charges those
who borrow but the direct result Of keeping down
the running expenses
On shares withdrawn before they mature pay 5
per cent per annum.
On special payments deposits. limited to IS, 900
from any one member. pay 8 per cent per annum.
payable every three months If less than $40; II the
interest amounts to $40 then we stand ready
to pay 1t every month.
During course of eleven years have always
turned members money application without oblig-
ing them to wait for it. great thing this Of being
able to get your money and int the moment you
ask for 1t. Our easy and accommodating way Of
doing business has made very popular and con-
trbuted very materially to You see this
is not stock concern. where the profits go to stock
holders outside of the association. but kept inside
for the sole beneht Of the members Therefore. the
interest We pay is higher than be obtained else
where
Shares and special deposits be paid at any time
and all payments before the 18th Of the month
get interest from the LIST day Of that month. We
paying out than 900 per week in interest and
still increasing. Our success is phenomenal. Is at
tested by million dollars of assets. and are
feeling rather proud Of it. At this turning point in
the history Of the association the officers and directors
deserving OF having their placed before the
| community. and here they
C. G. DUNCANSON. President.
LEWIS ABRAHAM Vice President.
FRANCIS g. sAXTON. Treasurer.
JOHN COOK. Secretary. ONCE. 500 18th St
| CHARLES +. BENJAMIN. Attorney.
ANDREW GLASS.
wM. II. GOODS,
| A. n. MEEKER
VIM. p. SEVILLE
| FRED W. BRANDENBURa
CHARLES BAUM
CHARLES W. SCHELI.
c. BANKEs BROOKES,
VIM. R HILLYER. feo5-eo7t