Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-11-29

Mainland here to make all the good
loans, upon homes. etc, that will come
to us. but they must be good ones in
all cases. The Hawaiian stockholders
seem to be satisfied with having their
money loaned here. and well they may.
for we have ample confidence in the
Territory and in addition to this their
money will be distributed in over four
hundred good cities and towns IN the
Pacific Coast. Each piece Of property
being worth double the amount loaned
upon 1t and bein gpaid in monthly in.
er manner.
There are over four hundred places
in which you can pay money to our
local treasurers and have 1t remitted
without cost, and there are sixty
places in the Territory where money
may be sent to the Honolulu Office
without cost to the depositors. Be
fore one hundred months have passed
you will have your money distributed.
even II II is only sixty cents, upon at
least fifteen hundred or sixteen hun
dred mortgages on the Pacific Coast
and in Honolulu. The average gize of
these loans is fifteen hundred dollars.
Can't you see the element of security
offered in the above? For instance,
isn't II far better to have large
amount of money distributed in small
loans to large number of individuals
who are able las they are saving remit
TO pay a moderate monthly payment
of interest and principal, than to nave
large sum Of thirty or forty thousand
dollars loaned to one man. where the
payments of the interest comes heav-
lily at the time II is due, and who can
not or does not pay on installments?
The men whose names appear be-
low seem perfectly satisfied with this
system OF loaning small amounts to q
large number than with large amounts
to single individuals. They ought to
know. they have been loaning money
for years and are practical financiers.
They are not experimenting with
your money. II they do they are axper-
imenting with more Of their own. Do
you think that any one of them would
risk his reputation gained by years Of
upright business dealing with the
public to experiment or speculate with
your money? Would they speculate
with their own money. or would they
speculate with yours, knowing that
they are liable for any loss that they
may make? Don't you think that their
Intentions are good? Particularly so
when they plainly and emphatically
say that they put up Reserve Fund
OF one hundred thousand dollars and
set II aside for additional guarantee
capital that you will suffer no loss and
guarantee with this Reserve Fund
that all contracts issued by this com
pany will be kept. This is not your
money that they put up. II Is a sep
arate, distinct capital put in by then
subject to the laws of California ant
Is a guarantee In addition to the as
sets tof which you own a part) thai
your money is safe. Have you evel
studied the particulars of this system
of handling money? II not you should
do so.
II man owed you a thousand dol
lars today and he should repay yol
nine dollars principal and six dollars
interest on II each month, wouldn'
you consider ID better loan two
years from now than when 1t com
menced because he owed you coupl,
of hundred dollars less at the end o
two years? Wouldn't you like to loaI
that SIS per month he pays you anC
get the same rate of interest on it
eight per cent-which would make you
} twelve per cent df you could do so
and not making It hardship upol
him as a borrower (as he is paying hi
rent to himselD? We know yol
would. Now, dear reader that is eX
actly what we do with every dollar o
the money deposited with us. We arr
also operating under an iron-clad Law
which distinctly states that this stool
is worcestershire and which has sew