The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1893-04-16
HE WICHITA PERPETU VI BUILDING
AND LOAN ASSOCIATION.

The Wichita Perpetual Building and
Loan association met in its offices in the
city building last night with large at
tendance of members.
This organization so recently formed,
has already attained large membership,
representing all branches OF trade and
labor throughot the city, and is now in
full swing and pronounced success in
every particular.
New members by the score made appli-
cation last evening for pass books, and
the amount received already assumes such
volume that the directors advertise
that on next Saturday evening the first
loans will be made, aggregating from ST.
600 to &, 900.
1t is the aim of the directors and mem
ber5 of this association to make this the
largest, as well as tue most conservative
organization of this kiud ever chartered
in Kansas, and as the success of all build
ing and loan associations depend in
great measure upon the conservative
ability of the apprasement committee
that pass upon all loans made, this feature
is ably provided for In the persons of
Charles Z. Potts. ". r. Dulaney. and K.
the association Besides. 20 make this i'm
portant matter doubly protected, it is pro.
v;ded in the constitution that the board of
directors shall also approve the appraise-
ment committees report, and all officers
Of the association, with each individual
member of the appralsemeat committee
are under heavy bonds for the faithful
perform nce of their duties
No better opportunity is offered in the
city at this time, for laboriug ana salaried
men and women to save their earnings 10
small amounts, and realize "A good rate or
interest on the same. than to hold some o.
this stock. One dollar per week, pays on a
500 share that will pay out in full III
about six and one-half years. And If a,
any time the money invested is needed, il
can be Withdrawn on proper notice, the
holder of the stock getting out all paid in.
with all dividends that have been de-
clared.
As means of providing home, by
making weekly payments that will not
exceed good rsntabe rates, this associa-
ton offers unsurpassed inducements to
the person OF small capital.
In brief, it offers the combined good
qualities OF Il perfect savings bank system,
with the grand incentive and opportunity
of home getting, If desired, with it.
The directors who represent all branches
of trade aud traffic in the city are.-Chas.
Z Potts, of the c. Z. Potts Wholesale
Drug company: W. w. Johnson Jr., Of
the Johuson-Larimer Wholesale Dry
Goods company: K. c. Stewart. of the
Stewart Bros. Iron Works; W r. Dula-
uey. superintendent OF the Wichita Stock
Yards; John l. Powell, teller in in the
State National bank; Chas q. Cohn, Of
the Boston Store; H. /. Gordon, OF the
law firm OF O'Bryan & Gordon; ; \.
McCIuug. head OF the ;. \. McCluug
Wholesale Boot and Shoe company, +. f..
Bleckley, passenger and ticket agent OF
the Missouri Pacific railway. With 4 c.
Stewart. president; G. (, Potts, rice-pr
ideni; John l. Powell, treasurer; II. l.
Gordon. attorney; J. ". Ransome, sec
Rotary.
Any member subscribing, who finds at
any time that they vii, be unable TO at
teud the Saturday evening meetings, can,
to avoid paying fines, leave their PISS
books aud money with John l. Powell.
treasurer. at the State National bank,
who will see that proper entries are made
at the meeting for chem.