Rocky Ford enterprise., 1897-07-15
gRKHT, AND STILL GROWING.
REMARKABLE SHOWING OF A
POPULAR FINANCIAL lNSTi-
TUITION.
Tho Fidelity Savings Association Of Denver
Makes Phenomenal Record.
From the Denver Republican

We all like to see a legitimate enterprise
succeed, especially II It, be home institu,
worthy residents Of our home city. And
when that success has reached beyond the
limit Of the most sangnine expeeta1iopms; and and
son of energy and merit, then we all feel like
Joining in the enthusiastie appla9se to which asn
that when W. Invest u few of our surplus,
return to us when needed, with a fair and
satisfactory margin Of profit added to them; them;
to save portion Of their earnings IL they
could only feel sure that 1t would be nDso
%tey m safs fse d prove re- source 81 sse
though the public confidence may have been
severely shaken during the past few years
is well for them to remember that here In
Denver there Is at least one place where r.
md at the same time earning something for
Its owners.
Growth of the Fidelity.
In May. 1890. the subscribed capital ,,'f or
the Fidelity X, 6 Sayings AssoGiation OF tbs %
sy %as IL siSaSo Sy II My ind aSs Crown N was
22i,OO0; while In May. 1897. II had reached
the masnltsent total Of s4.7lo,090 ,.
organized in November. 1850. with no con. c,l,:
tribution capital and has M aeeamplation , n
ticaiiy accomplished within the past hye
years for during the first two years ySt Of If. rs
70 business. Look upon this growth during
the panicky times Intervening since 1888
and then ask the question,
Will the Fidelity Grow:
Grow! OF course It will grow. Hasn't 1t
tatlons i Vent into a decline. And is there
Of Its growth Will be in future yearsl
Notwlths,anding IN EIag the mnbonnasd PTpslairt a n,
So and TO that end have adopted NUMBER
New Features.
which Will enable It to maintain Its WELL fhc
e1%i Sf' las,IsasIon nSP"iaf AIM the Wss' ons
poslt class of stock which has been carried
for about two years Is made as free ns bank
drawnls being made, and the stock Is not
subject to runs. ms In ordinary bnhkng.
a stock Ey In eed ,hs apa a ssanay
ais after being carried a brief period. with
profit. The customary building and loan
practice Of charging n fine for failure to
tIcaily places ihe Fidelity Oh the same plan
as the great Birkbeck Bullding and Loan As.
ISOLATION OF England, which now handles
Over ssO.OOO.OOO of Deposits.
Per nnnum. and upon the same basis as the
has already accumulated mos. thnn SSiVW.,
600. Thus 1t Will be srcn that the fin'ity
and occupies place nmnns the largest anu
safest financial concerns ~ thc world
Again. the loan plan OF the fldcilt! WI pe
changed In such way tnat pat lies max nI
fixed payment per month VIII cancel tpeit
loans In n term ranging from I'VE to ten
ment. and under a contract thst viii di';cr
mine the ultimate period beyond which pny.
ments cannot be demanded. Such ar. snint
the methods uupfgpt ny this pfO+
gressive association. which Will Insure for y
future growth and prospcr'i! beyond All
Asked concerning the new building and
loan law passed by the last LtElslRtur.
makes no difference whether that law Is
constitutional or Unconstitutional. because
more liberal tpan thc must exnc.ing terms
of that statute require. The law In no finn'
ner ., changes or Affects ans existing con
Home Building and Money Saving.
These are the main hopes and aspiration.
Of n majority OF the people OF today, and
the question Il how best TO accomplish these
sas4seS aps an% ns
S%%snanE Sns s Ss FL. ,x Ts the spEins pdin s.
cintion. THIS association. even In the most
paid every Withdrawal on demand, except
OF the panIc Of lsiGi notice was required. and
even then onc-haif OF the demanded with
SnrSshps T ",t to any o one. The The business OF the
Fidelity Is incrca sing Mt wonderfully rapid
rate. times are improvlns. and there Is moth.
growth than heretofore.
Magic of Compound Intcrrst.
The sum OF 500 at 10 per cent. scml.an.
nuaI compound interest would amount In
aaHelsss a ssl,s prevent S u.s. a.. D%ivlasi. from Se
complaining these results. The Fidelity can
do Ii for ns. 1t IL NIL In not spending. but
mai m
pounding the profits;
Is nn Investment In Fidelity stock safe?
It Is; for, as i comprehensive statement Just
cannot loan to themselves or to Others upon
loans nrc made upon wcii.scicctcd Improved
real estate. In amounts not exceeding one
made n,d u under % the careful al inspection and sn
pcrvislon of the board OF directors. all loans
being to members whose stock Is held by
teets tee nssociations OF this Kind against
runs" so disastrous to most financial In.
Wha hSne II Inc .ss Ses S' Srs
required to give sufficient bonds. Loans are
homes home Of the borrowers. who make monthly
payments until the loan Is cancelled. This
oIs % ,hsn snqsy c s.s
private loans, speculation. runs. the fall.
ure Of business Arms. and the danger from
carrying large cash deposits. to be taken
Into account.
Omrcr. of the Fidelity.
The standing and reputation of those who
arc entrusted with the management and
control OF nny financial Institution Is mn I'm.
portant factor either for or against Its status
In the community. and In this regard the
Fidelity Is slngularly fortunate, its officers
including some Of the bcst.known and most
prominent citizens of Denver. They are ns
follows. President. j., $; Wolfe; president
Hs eas s' co Wolfe Msse enSsSen r
cashier OF the Denver National Hank; sccrc.
tnry, Il. II. Webb. sheriff OF Arapahoc
as.istnut w Cnfnn.
bell: managing vice president and attorney.
T.. M. Johnson: vice president and assistant
manager, NJ. Il. johnson. Directors: 4. l..
Ernest and J. 9. Helm. cS.chicf Justice of
Colorado. The depository Is the Denver Ma.
tlonal Bank. one OF the strongest and safest
banks In the United States.
Those who desire to either build home
on the easiest possible plan. or to save
portion OF their earnings. should call Mt the
offices of the Fidelity. .12 TO 300 Ernest 4
Crnnmer block. and Investigate the liberal
cIutt