The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-02-20
A GOOD RECORD.
The Atlantic Savings and Loan
Association, of Syracuse,
in Roanoke.


Feature-How Home May be Bought
for the Amount Paid In Rent-Read
tho FiGures-Sixty Millions Capital.
Inc Atlantic Savings and Loan Asso-
citation of Syracuse. New York, of which
X-postmaster Oscar ID. Derr is the State
agent, is winning it's way rapidly to tho
front as prompt loan paying associa'
tion. In thirty-Hve days of it's existence
1T loaned $4,000, and has mover turned
down desirable loan. Before invest
ing cent in this city tho general man
ager visited Roanoke, looked over, and
approved tho place as good place to
loan.
The Atlantic loans every cont you
borrow, no ten per cent reserve is re-
tanned. Loans are computed to run out
in six years; payments per share, 90
cents before borrowing; after, S1.7O per
share or SIT monthly per 81 900 Dor
rowed; initiation fec, 81.
1t is impossible i'll this brief space to
dllate on the many advantag es thc poor
man has to secure q homo for his family
TO comfort him while in life and to
shelter them when he is dead. Where
is there more lamentable condition
than that of tho homeless widow and
fatherless child? Every ono can have
homo by paving for it what they pay
in rent. Tako tho ssmo money and buy
y homo. Did you ever thiuk that in
renting you are giving money TO the
landlord that you should leave your vito
and little ones? Say We pay SO per
month rent for fifteen years land how
many of US have paid 20 and 30 years.,
there 10 81, 500; $1,000 at SD per month,
So, COO at $40 per month. How many of
us are paying S25, $50 and $40 por month
rent? just add this up and SEQ what
you are squanderiDg. Homeless men,
go and buy home. Place a loan on it
in the Atlantic and pay for it monthly.
Ii you say, do not care for homo in
that way, but will save up and build,
whilo waiting make your savings earn
something by subscribing to
PARTIAL PAYMENT LOANS.
a feature of the Association, by
which persons OF small means can de-
posit thcir little change in mites as
they get them with the Association at
any time and in any amount of 81 and
over. Tho Association will receive ct
any time on deposit any amounts not
less than Sl.00 each, as partial paw
ments on either class of paid up stock,
and pay interest on tho same at the
ratio OF & per cent. per annum for the
time it has the use of the money. The
person making such payments Shall not
be member oe the Association until an
amount has been deposited, which to-
gether with tho interest shall bo sufli-
cient to procure at least one share of
paid up stock, and at that timo Ger.
tificate of such stock shall be issued to
him.
These deposits can be made with Mr.
Oscar ID. Derr, the state agent, Roam
oke, Va, on which 6 per cent interest
the bank will give. You can 20 in
class "a" or class 3d." either you
elect, of which you will read in this
column.
There is no bottor way to save your
spare dollars than the above. Wo can
by this method pay for share of stock
81 or moro at time until it is paid for
and get interest on your money whilo
doing so. There 10 no special time to
pay in or special amount over 81. Small
amounts are hard to save. Hero is a
way to do it. Rcader,can you save 81 n
week or more? 81 per month or more?
Place it with the Atlantic Savings
fund. You will per cent. for it. No
bank does this we'll for us.
INLrALMENT STOCK.
This stock is issued upon payment of
Sl.00 mem 5erahip fec for cGch share.
The payments on this stock arc 30 cents
share month until maturity, payable
on or before the first Saturday in each
month, commencing with tho month
following that in which tho stock is
dated.
This stock is adapted to the wants of
those who dosire to secure the best re-
turns possible from thoir monthly saw
ings.
ILLUSTRATION.
Showing cost and profit on ten (lO) shares,
z monthly payments Of 81 o.. -. $dis 90 ''''' 30
Membership fee ............. 10 co
Total cost......... sG5s OO
FRONT. .......,............ 3i2 CO
PAID UP STOCK.
"Class A." paid up, is issued upon a
payment of $50 for each share, no other
payment being required. Those de-
string large earnings without the trou-
BILE of monthly payments should take
this stock.
GLASS Il, z PER CENT.
''Class b." Paid Up, is issued upon a
payment OF $50 for each share, no other
payment being req iired. There is paid
quarterly on this stock dividend at
the rate of per cent. per apnum.
Those desiring stated income from
their money and the balance of it's
earnings at maturity will find this stock
just adapted to their wants.
This is the best investment for par
ents and guardians wishing to secure a
safe investment, one that pays better