The San Francisco call., 1895-10-15
E-BU|LOERS TO MEET
The California League of Them
VIII Discuss Important
Questions.
A Brief Sketch Of the Work Accom-
plished by the Forty-Four
Delegate Associations.

The California League of Mutual Build
ing and Loan Associations will convene in
regular annual session to-day at o. clock
in the assemblyroom of Mills building.
Delegates from various sections of the
State are expected, and a very interesting
meeting is anticipated.
The league was organized in 1890, its OBJ
| iects being to encourage legislation favor
able to the growth and prosperity of all
| legitimate building and loan associations;
to secure a greater uniformity in their
management, and to guard and promote
their interests throughout the State. Ac-
| tive work has been done during the past
| five years, and the results speak for them
| selves In 1891 bill was prepared by the
| legislative committee of the league in
keeping with their announced principles
and objects and promptly passed by the
| Legislature. This placed the associations
under the supervision of the Bank Com
mission, and because no fund was provided
| forexpenses did not prove entirely salts
| factory, so that in 1898 another bill was
| prepared and likewise passed creating a
| special State Building and Loan Commits
| sion and providing for their salary and
expenses being raised by a general levy
| upon the various associations of the State.
The commission was appointed and has
] done some good work, its first annual re-
! port issued in 1894 being one of the most
complete and comprehensive treatises on
| building and loan methods ever published.
| At the session of the 1895 Legislature the
| league appeared again with an amendment
| giving the commission secretary, so that
| their labors might be as effective as pos
sible, and now the associations of the State
| are supporting the commission with sala-
ries OF $1,000, and expenses incident of $500
| per annum.
One of the results of this legislation is
that wildcat and disreputable schemes that
| thrive in Eastern and Western States on
the misplaced confidence of the people
cannot conduct business in this State. The
meetings of the league have also been pro-
| ductlve OF much good in the way of COM
parison of methods, plans and ideas by
| the various secretaries and other officers
who have come together at these meetings
with papers and discussions on the numer-
Gus subjects into which the business is
| divided. There are now forty -four associa-
| tions members of the league in good stand
ing, while there are some ten others that
have failed to pay their dues for the pres
ent year and are therefore not considered
to be in good standing. The list of the
forty -four is as follows, all of which Will
very likely be represented at to-day's
| meeting:
| California Building Loan Association of
Alameda, Columbia Loan and Building Asso-
| citation of Los Angeles, Petaluma Mutual Loan
Association of Petaluma, Standard Building
| and Loan Association OF Oakland, Security
! Loan Association of San Francisco, San Diego
Building and Loan Association of San Diego,
San Jose Building and Loan Association of San
Jose, Mission Home and Loan Association of
San Francisco, Metropolitan Loan Association
| of Los Angeles, Pacific Coast Loan Association
of San Francisco, Inter Nos Building and Loan
| Association of San Francisco, Santa Paula
Building and Loan Association of Santa Paula.
/ Italian-Swiss Mutual Loan Association of San
Francisco, West Oakland Mutual Loan Asso-
citation of Oakland, San Francisco and Oakland
Mutual Loan Association of San Francisco,
| San Francisco Mutual Loan Association of San
Francisco San Joaquin Valley Building and
| Loan Association of Stockton, Eintracht Social
and Benevolent Yerein of San Francisco Home
| Security Building and Loan Association of
Oakland, Alameda Building and Loan Associa-
ton of Alameda, Homestead Loan Association
San Francisco. Commercial Building and Loan
| Association of San Francisco, Peoples Build
| ing and Loan Association of Oakland, Home
! Mutual Building and Loan Association of San
Francisco, Cosmos Loan Association of San
Francisco, Fortuna Building and Loan Associa-
ton OF Fortuna, Citizens Building and
cinal Building and Loan Association
of Alameda, San Francisco Home Mu-
| tual Loan Association of San Francisco,
Enterprise Mutual Building and Loan Associa-
ton of San Francisco, Homeseekers' Loan As
soclation OF San Francisco, Pacific Mutual
Building and Loan Association of San Fran
cisco, Acme Building and Lean Association of
San Francisco, Bakersfield Building and Loan
Association of Bakersfield. San Luis Building
and Loan Association of San Luis Obispo Calf
fornia Mutual Savings Fund. Loan and Build
ing Association of San Francisco; Mutual
Building and Loan Association of Fresno,
Commonwealth Mutual Building and Loan
Association of San Francisco, Triumph Loan
Association of San Francisco, Santa Clara
Building and Loan Association of Santa Clara,
Santa Fe Building and Loan Association of San
Bernardino, Santa Rosa Building and Loan As
sociation of Santa Rosa.
Papers will probably be read at to-day's
session by Albert Meyer, Charles K Clark,
A. S5arboro, Frank V. Wright, w. Mat
thews, John Bruckman, Nick Bowden,
Charles E. Naylor and others.
The executive committee for the past
year was composed as follows: Frank Otis
president; Albert Meyer, first vice-presi-
dent; James L. Fields, second vice-presi-
dent; John Flagg, third vice president; !;
Charles E. Naylor, secretary; B. Harris,
treasurer; Frank V. Wright, past presi-
dent; G.. K. Clark, A. Sbarboro, John
Flagg, Thomas j. Glynn and NJ. L. Culver.
The meeting convenes at o'clock sharp,
says Secretary Naylor. The first number
on the programme will be the opening ad-
dress of welcome by President Frank Otis.