The San Francisco call., 1901-12-15
MANY ELEGANT T
HOMES ERECTED
Work Of Continental
Building and Loan
Association.
Question of Rent Is Solved
By Many Hundred
Workers.

their families is one that has confronted
the wage-earnerS of the land more than
once The system of rent, though indis-
pensable in the great economic plan
which guides human affairs, is an onerous
system, and 10 it many worker may at
tribute his failure to provide a permanent
shelter for his loved ones. The question.
then, of utilizing money to the advantage
of the Spender when considered in the
matter of rent. assumes an Importance
which the careful man of affairs will not
find it profitable to ignore.
To the wage-earner who pays a stipu-
lated sum each month for the sheltering
Of his family the future holds little hope
in store. 1t is the ambition of most men
to own the roof which shelters them
against storm and protects them from the
inclemencies of tickle nature. How to Sc
cure such a convenience upon a stated in
come has been the great problem, which
men found it difficult to overcome. But
the advent into industrial life of the plan
of paying for privileges on the installment
plan has solved the question. Since this
plan has been introduced in California
thousands of Workingmen have had sub
stantial cause for congratulating them
selves that It is success: They have
found that the phantom of rent, which
has been doWned, and that the money
paid out by them in this manner when
applied in another and more legitimate
way has yielded them golden returns.
sociation is of the largest concerns in /
California which makes a speciality of
dealing with Wage-earnerS who are de-
SirouS of securing homes for themselves
This corporation, with its immense sub
scribed capital of $13, 900 000 has proved
itself a boon to thousands of men, be-
found 1t possible to secure homes on the
payment of monthly sums very much
smaller than what they were paying IN
the way of rent BY the system of loans !
n he
erations of the Continental Building and
Loan Association, many owners of homes |
have been relieved Of the cares of the !
future, and to-day they are practically
independent. Thanks to this corporation, !
which placed it in their power to secure |
small cost. they are protected against 1 the |
opportunities of landlOrdiSm, and WIilo !
life lasts are immune from the inconve- |
nlences which are the daily experiences |
homes.
The number of dwellings erected by the |
Continental Building and Loan Associa- /
0on Tor its members now exceeds 1000 |
The association was established in 1889, |
ana its success since that time has been |
remarkable. Its motto, do not pay
home" has proved to be the keynote to |
success, SO that to-day its monthly in |
come IS $150,000. It's assets have grown to |
showing made by no other similar concern |
in California. Not only in San Francisco, |
put IN other parts of the State, happy |
families are to be found who. owe their |
prosperity to their association with this
concern. Beautiful and palatial homes,
showing In all their appointments the /
owners, stand in every quarter of the city
as monuments to the conservatism and |
enterprise of the men to whose opera
tlons the success Of the Continental Build
ing and Loan Association is chiefly due.
The affairs of the association are ably
cond;9cted by Captain oliver Eldridge.
and general manager. To those who are
seeking for detailed knowledge concern
ing the methods of the concern and for
lnformation of the greatest value to
gentlemen named will be of profit. The Of
noes OF the association are at 222 Sansome
street, and the elegance of their equip
ment fully attests the success with which
all the operations of the association and
Its members have met.
. ! ! i + + @
labor or making Of such improvements Tf
filed within the statutory period it is priua
Iacle evidence OF the facts therein recited. Re
reeord ,t suS %, aInqay nof or failure to make or
IactS or IN any way prejudice the claimant NJ
the property, as his rights cannot be dvested
Dy omlttlng TO perform the act intended to IA
cilltate the proof Of the representation of his
Of location is effective as assessment york
Annual work may be done yearly, while the
AHCNDS necessary obtain a
patent may be done at any time after loca-
tion When contiguous claims are held in com
man the annual expenditure may be made upon
any one claim, but must amount to what Is
required for all and inure to the benefit of ali
Ihe running of tunnel for the purpose of de-
Veloping separate mining claims owned by the
same person is to be credited to each of said
claims, and If the necessary work is done the
owner is not required to also perform work on
the surface of the location to hold the same
l'he annual expenditure required is the same
irrespective Of the size of the claim No as.
sessment work need be done upon tunnel To-
cation or a mill site location. A mining claim
may be held without the performance of the
annual work thereon, but at the risk Of the
adverse interests being acquired by third
party The resumption of work by the original
locator upon claim after failure and before
an adverse location has been filed, prevents
forfeiture. There is nothing which excuses the |
1on-performance Of annual labor except the ac-
lion OF an adverse claimant or possibly in
some exceptional case, for some unusual nat |
lral condition. It is immaterial whether the IL
egal or equitable owner does the work CO. .
owner In a claim who does not pay his pro | .
oortionate share Of the expense of represenfinp 4.
he claim may be deprived of his interest h1 |
notice of claim for contribution The claim for |
contribution must be limited to the delinuuent's
share of the yearly expenditure as fixed nv |
statute or local law. If payment is not made .
within the required time the DELINQUENT CO.
,wneTs interest vests by operation of law in
he contributing co-owners AZ .
l.