The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-02-02

No building and loan association In
this state Except strictly local oon-
panies, combining their transactions to
the county in which they are organ
ized), can do business unless Il COM
plies with the stringent requirements OF
the law passed at the last session of
the legislature. This wise provision af-
fords the strongest possible safeguard
and protection to the shareholders in
terests. The days OF wildcat insurance
companies are gone. The business man
who, a few years ago, scanned his In
surance policy with the utmost care
to-day hardly knows, or cares 10
know, the name of the company to
which he pays the premium. The very
fast that the company in which his risk
is placed is permitted to do business in
this state is itself guarantee that If
he suffers loss by fire he will be paid
promptly. This is exactly the condition
Of affairs which has been brought about
by recent legislation in this state rela-
tive to building and loan associations
The issuance of a license by the state
To building and loan association to do
business is a guarantee by the state
that the company receiving IL Is able
to keep its promises to its sharehold-
ers. The Aetna takes pleasure in SUBJ
hitting this statement:
Office of Building and Loan Commits
SionerS, state OF Montana.
Helena. Mont. Jan. 20 lS96-The
Aetna Savings and Loan company. of
Butte City. Mont. having fixed the
semi-annual report required by the
laws Of Montana, and the commission
ers of building and loan association
being satisfied that said corporation
has complied with the provisions Of the
law Of Montana governing such associ-
atoms and is entitled 10 do business in
this state, ii is. therefore, certified that
the Aetna Savings and Loan company
Is entitled TO do business in the state OF
Montana for period Of one year from
this day, or until the expiration Of the
license shall be sooner reScinded, as
provided by law. y. r. Clements
Chairman Board Building and Loan
Commissioners. State OF Montana.
Clarence Grange.
Secretary Board Building and Loan
Commissioners. State Of Montana
II YOU want "A profitable investment
for small or large monthly savings. the
Aetna Savings and Loan company Will
give you absolute safety. and make
you greater rate OF interest than YOU
can get anywhere else. Its dividend on
January l, 1896. showed an earning
rate for its shareholders equal TO 16 %
per cent. per annum.
II you want to borrow money with
which 10 build a home the Aetna is
prepared to lend II 10 YOU. Every cent
II receives from shareholders on ac-
count of its investment fund Is loaned
out each month. and il is doing more
TO make the citizens OF Montana home
owners than any institution in the
state. Remember that 10 borrow
money from a savings and loan COM
pany, YOU must become "A shareholder:
that when YOU become a shareholder
YOU become a sharer in the profits of
the company, and that the payments
upon your stock and interest are i'm
mediatoly reiuvestod and produce earn
inEs which natures your stock and
Hquldates your mortgage.
II IS only the persistent memhcr-the
shareholder who stays with the promo
sition-who reaps the fun benefit from
an investment Of this kind.
Can upon any agent of the company.
or the office OF the home company. room
:, Mantle Building. Butte. and get a
copy Of our prospectus and bylaws.
Read them over carefully. and then
buy as many shares as YOU feel you can
carry 20 maturity.
Aetna Savings and Loan Co
Mantle Building. l6 W Broadway.
Butte. Montana.