Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1903-03-03
Pertinent and
To the Point
A Very Pertinent and Also a
Reasonable Query.
WHY?
WHY ?

themselves ~ tho Phoenix Is such q
good morav-makinp proposition, is
ybot n great many neonle ask when
we sneak of our director list and the
irucrso financial standing profts of
this companv This question has
haan asked ms thousands of times and
a hen we find one interested sufficiently
tr ask these pertinent points we know
that ne wants stock. II is one uues-
tion above all others that shows in
lcrest I'm the matter and that they are
also a thinking person.
First. We would not allow them TO
buy all of the stock.
%. II our directors and other large
fnancIers and bankers took all OF the
stock who would borrow the money?
no Won suppose they are in the bank
ing business to borrow money from
themselves? No.
I'd In Offering the same induce
ments TO the small shareholder as to
tho large and giving an eauitable dis
trihution of the profits to all we are
extending our field of operations for
IL
ness A great many people save nm
for a few years until they have sufi-
Gent. with what money they obtain
from MS TO buv n house and lot for
themselves and own II compIete I'm n
few wears more.
any of the good banks in the United
States would Won advise a man TO go
10 a different bank If he should ask
Won regarding n deposit or a loan
No. We'll. then. why should not the
shareholders of the Phoenix throw all
their influence towards their own com
.pany. when they know that II in
creases their dividends. rather than
throw Il somewhere else?
eth. The best advertisement that
We can get is the selling of this stock
TO such large number Of people Gun
to certain limit as the fact of being
able to buy cooperative bank stock on
installments is something the average
man seldom thinks about until II is
brought TO his attention by our manner
and method of doing so. and he, in
turn. would not throw anything in the
way of someone else taking the stock.
Don't you think so?
9Th: The distribution OF the stock
of this company over such a large area
of territory to such large number of
individuals In small lots, No maturi-
ties of any large amount being due at
the same time Call being due at differ
ent dates) make IL far safer for all con-
cerned than If the money was placed
by a small number OF individuals in
large lots, and such large quantity
due at one time would force or compel
us to keep cash on hand which would
be idle and not earning ANYTHING
something we avoid alwaysl, and
would also make us not so safe as we
are.
9TH: The distribution of this stock
over such a large area OF territory
gives ms also n distributiye class of
loans. so that II dull times should
come in one territory the good times
in another would more than overbal-
ance it. This keeps money from lying
idle "a point we watch very Closely
and at the same time prevents any
quantity of property where we have
loans from coming back on our hands,
Sth. The demand for loans created
by our large membership, secured by
selling TO others besides the managers
is more than the money received from
the monthly installmcnt stock. This
enables our managers TO make addi-
tiOnal purchases of stock also This
partly explains one Of the main oh
jects in putting such an attractive
proposition before the public.
There Is only one way to accomplish
the above results. and that is. to give
each member an equal division of the
profits according to amount invested
Are you satisfied with the answer?
wouldn't you like to be partner in
this financial institution with the men