The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-01-26
THE AETNA
Savings and Loan Company of Butte,
Montana.
A Dividend EqualIng Sixteen and
Two-ThIrds Per Cent. Per An
mum on Money Invested.

Al the EaSL mce1lG or Dle 0T6CpO1s
of the Aetna Savings & Loan company
dividend was declared on all the In
stallmemt or general stock of The com
pany. showing an earning at the rate
OF sixteen and two-thlrds per cent. per
annum. The management feel that this
Is a very credttable showing. and indi-
Gates that the promises contained In the
prospectus OF the company Will be full
filed.
The business of building and loan as
sociations. and the Aetna Is an institu-
tson of this kind. II by no means new,
but one whose history dates back since
the year 1910. and according to a recent
report OF the census bureau there are
$500 OF these companies doing business
in the United States, with an aggreg gate
capital of $40. 100000.
The object of the organization OF the
Aetna Savings & Loan company Is to
enable men OF moderate means to ac-
quire homes by the payment of small
monthly installments. and from the
saving OF rent TO enable them TO be-
come owners of their own property: 70
encourage systematic saving and 10
provide an investment of such saving
at a rate OF interest that becomes lucra-
tive. as well as providing. after term
of years, a nucleus. perhaps. for the ac-
emulation of fortune.
The subjoined statement signed by
the board OF trustees, explains itself:
ITO the Public:
I'm presenting to the public the Act
ma Savings & Loan company OF Butte
City, Mont, the undersigned. Its board
OF trustees. do 50 after having made a
careful examination into the plan OF
the corporation and after its entire
workings and methods of doing bust
ness have been scrutinlzed and endors-
- - -
uar'ies OF the country. We believe that
every point OF possible loss has been
guarded against and that the business
hazard witch attends all commercial
enterprises has been reduced % q mini
mum.
The permanent capital of TITS oom-
pany. consisting OF its reserve and de-
velopment funds. has been contributed
almost entirely by it's board OF trustees
The best evidence Of the opinion held
by US OF the corporation and Its plan.
rs the extent of our respective invest
ments In over $50, 900 of permanent
stock. which. under Montana laws. II
not withdrawals. and In required 20
guarantee the flhhlment Of the com
pany's contracts.
I'VE have advanced the money re
Qutred for preliminary expenses and we
performed our duties as trustees with
out pecuntary compensation, except the
participation IN the general PROFITS OF
the company 10 which our cash invest
ment - entitled. IN the expectation that
this mutually cooperative institution
will produce q safe and prodtabls tn
vestment for ourselves and other Share
holders. and Be the means of securing
comfortable homes COR ths wegeearrers
and persons OF moderate means.
Our purpose m This statement - %
assure intending investors that. - true
tees. we have carefully studied ne ba-
els upon which the Aetna 10 orTAnfpod
and we believe that q r. sound IN prfn-
ciple and we propose % see that f -
honestly managed m pract4ce.
Outside OF any moral oe4fgaffon.
becomes our pecunary tnccrest 10 pr
sonally oversee the business OF this
company. for the reason that our en-
tire Investment must be lost nrst before
a single dollar Of loss can fan upon an
installment sl1oreholder.
I'VE, therefore. without hesitation.
recommend the institution 10 contern-
plating investors who expect to COM
ply with the terms of the company's
contracts and its bylaws. To all such
we say, read the literature of the com
pany carefully. and IL you are salts
fed with the proposition as presented
therein and will carry any stock sub
scribed for TO its maturity you will be
repaid for your investments.
Respectfully.
&C. II. Palmer.
Lee Mantle,
Clarence Grange.
James II. Monteath.
IF Aug. Heinze.
Charles Schatzletn.
Henry Mueller.
"Fayette Harrington,
Charles r. Leonard. 81
Trustees"