Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-12-02
At the Head Of the
Procession
Always.
WITH

WITH
New features that are OF interest to
our stockholders as well as to pros.
pective ones. We have decided to
place a certain amount of our new
stock In Hawaiian territory. The well
known standing of the Phoenix in this
Territory is evidenced by the fact
that the people Of this Territory have
taken over a million six hundred thou.
sand dollars Of our Glass A stock.
| The new stock is a plain, simple
contract, absolutely guaranteed in ev.
cry particular, and has twelve options
besides guaranteed cash value from
one to twenty years. These options
act automatically after one year in
case you are not able to pay. The pay.
ments are $50 annually, or's40.50 semi.
annually. or S20.50 quarterly. or $500
monthly in advance: maintained for
one year the Certificate cannot be for.
feited. and certain paid.up loan and
cash surrender values are written in
the bond" and guaranteed at stated
periods.
The contract runs for ten years. and
at the end of every year the Associa.
tion guarantees certain options as
aforesaid. At the end of the ten year
| period there are certain cash settle.
ments, cash extension values and cash
annuities.
The estimated options will be full.
! filled If past earnings are a criterion.
under the full participation clause in
the contract as follows:
Cash at maturity at end OF
~ years ...............$13 1893 10
Cash settlement years after
| maturity :. ............... 1S64.S6
Cash settlement 10 years after
maturity ........... 277l.79
, Annual annuity for years af.
ter maturity :. ...... 312.19
Annual annuity for 10 years
after maturity &. . .......... 17l.3s
All this, be II remembered, upon an
investment Of $3.50 paid down, or $500
in eight annual payments, or 81 per
month for $l2O months.
On thousand dollar Certificate,
all payments have been made, a cash
settlement of not less than 81 900 is
guaranteed by the Associations per.
manent capital and reserve. A settle.
ment of sl,246.20 is guaranteed five
years after maturity. A cash annuity
of $224.60 for five consecutive years
from date is offered or a cash annuity
of $l23.30 for ten consecutive years
can be had.
The elements of additional profit are
as follows: First. people who pay
few months aud It is impossible for us
to induce them to keep ii up. all the
profits go to the other stockholders.
Third, money obtained by Class G.
stock in large lots from bankers and
financiers at lower rate of interest
than which we reloan 1t the profit goes
to the stockholders remaining to ma.
turity. Fourth, the expenses are prac.
tically all paid by the withdrawing
members. All there is to do is simply
this: pay your dues for one year or
ten years and you will reap fixed and
guaranteed profit Beyond this you
VIII get the unnxed prOnts.
! In case of the death of a sharehold.
er before one year the heirs will re-
ceive the full amount paid in on said
Certificate upon demand.
The phoenix" is under the control
! of the State Building and Loan Com.
missioners; has a paid.up Reserve
Fund and Surplus Reserve exceed
ing 100000 contributed by its officers
and directors (which guarantees all of
its contracts). and is growing at the
rate of over 6000 shares a month.
All Its mortgages are non.negotiable
and are held in trust by the Mercan-
tile Trust Company, for the protection
OF shareholders.
Aren't you satisfied with the above
good showing and definite proposition
to have the men whose names appear
below looking after your money to see
that II makes all the profit possible?
Directors-A. A. Watkins, vice pres.
ident w. w. Montague & Co., and
president Board of Trade, s. F.; Chas.
r. Bishop (late of Honolulu), vice
president Bank of California, S. F.,
and director Savings and Loan Socie-
ty, S, F., and Calf. Title Insurance and
Trust Co, S. F.; S. Prentiss Smith,
late asst. cashier Bank of California,
S. f.; George c, Boardman general
agent Aetna Insurance Co., S. F., di-
rector San Francisco Savings Union;
Charles e. Ladd of Ladd e. Tilton,
bankers, Portland, Ore; Gavin Nc
Nab, attorney at law; Clarence
Grange, late Building and Loan Com
missioner, State of Montana.
For further information call or ad-
dress Hawaiian Department Judd
Building, Fort street entrance, Homo
lulu, II. T.