The broad ax., 1897-08-14
gREIf, KID SfILL eRUEIHg.
REMARKABLE SHOWING OF A
POPULAR FINANCIAL lNsTI-
TUITION.
The Fidelity savings Association OF Denver
Makes . Phenomenal Record.
From the Denver Renuhl,c,nl

VNoAn e1S DcuNeT hepuOuC1n-l
We all Ike to see a legitimate enterpTiss
succeed, especially IL II be a home institu-
ton. and conducted BY prominent and
worthy residents Of our home city. And
Mnen that success has reached beyond the
limit Of the most sanguine expectations, and
has become marvellous achievement By rea-
son OF energy and merit, then we ali feel Ike
such a success ls entitled Besides. In these
trouolous, unsettled times we want TO know
that when W. invest a few Of our surplus
dollars they viii not only be safe, but win
return TO us when needed. with q fair and
satlsfactory margin Of profit added TO them.
Many person. would make more Of an effort
could g epy Of tAs e1rnRF' 5ssy
lutely safe and prove a source Of some rev.
enne In the way Of accruing Interest. And
seSefe1y me PSSS dS S1Gnde nc may have been
py the unusual number Of bank failures, IL
Il well for them to remember that here In
they can feel sure that their money is san,
and At the same time earning something for
Its owners
Growth of the Fidelity.
In Nay 1890 the subscribed capital Of
city was 100000; In May, 1884, II was g.
5000; In May, 1895. Il had grown to So
224,Oo0; while In May. 1897, Il had reached
We here have an Institution which was
organised In November, 1889. with no con-
trbution capital, and has an accumulation
tically accomplished within the past ave
years, for during the first two years OF Its
existence the Fidelity did comparatively lit
the panicky times intervening since 1898,
and then ask the question,
VIII the FIDELITY Grow?
Grow! OF course Il will grow. Hasn't IL
grown wonderfully during the last four I'M
healthy years, when nearly ali other insti-
buttons went into a declinel And is there
any one who can predict what the extent
OF It's growth will be In future yearsG
Notwithstanding the unbounded populari-
~ OF the Fidelity at the present time. Its
management proposes to make IL still more
%, and % that end have adopted q number
New Features.
Which win enable II to maintain its we'll
earned position and reputation as the
most popular and progressive inan-
Of these new features Is that the de;
posit class Of stock which has been carried
for about two years Is made as free as bank
stock, no charge for either deposits or with.
drawals being made, and the stock Is not
subject to runs" as In ordinary banking.
After July 18th the monthly payment class
basis, on terms that viii permit Withdraw
ais after being carried a brief period. with
out charge, and with at Least . per cent;
| practice of charging a nne for failure to
meet payments will be dropped. This prac-
ideally places the Fidelity on the same plan
ISOLATION Of England, which now handles
Over S4O.OOO,O 900 Of Deposits
Per annum, and upon the same basis as the
| Society for Savings, OF Cleveland, Ohio, that
has already accumulated more than {2A,OyO,-
| 600. Thus II will be seen that the Fidelity
| Savings Association OF Denver IL entitled 70
and occupies a place among the largest and
safest financial concerns In the world.
Again, the loan plan Of the Fidelity VIII be
Changed in such a way that parties making
| q fixed payment per month VIII cancel their
| loans In q term ranging from nye 70 ten
years, according u the amount OF the pay
ment, and under q contract that win deter
mine the ultimate period beyond which pay
ments cannot be demanded. Such are some
gressiye association. which VIII insure for IL
a future growth and prosperity beyond all
Asked concerning the new building and
loan law passed by the last Legislature.
Mr.. E. n. johnson, manager, said: 1t
makes no difference whether that law IL
the improved plans OF the Fidelity are much
more liberal than the most exacting terms
Of that statute require The law In no man
ner changes or Affects any existing con
Home Building lad MOney-saving.
These are the main hopes and aspirations
Of a majority Of the people OF to-day, and
the question Is how best 70 accomplish tness
ends and aims. This inquiry can be easily,
correctly and satisfactorily answered BY 40
Quaintlng ones self with the plans, meth
DDS and scope OF the Eloehly sdNlhfs Asso 49,,
citation. This association, even In the most
panicky times, has met every contract, and
paid every withdrawal on demand, except
that for about three weeks during the worst
Of the panic OF 1898 notice was required, and
even then one-hah Of the demanded with
drawals were paid at once. thus avoiding
hardships to any one. The business OF the
Fidelity II increasing at wonderfully rapid
rate, times are improving, and there Is moth
ing 10 interfere with a still more marvellous
growth than heretofore
Magic OF Compound Interest.
The sum of 500 at 10 per cent semi-an-