The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-02-09
THE QUESTION
AMONG MANY

cial institution in which they deposit II
safe or not. For information Of many
who probably do not know, we submit
an extract from the bylaws, charles
etc, Of the Phoenix Savings.
zone hundred thousand dollars OF tho
Capital Stock Of the Association is SET
aside as reserve fund stock, which Is n
nonwithdrawal permanent capital ana
guarantees to the holders Of all othGr
classes of stock that the Association
viii comply with the contracts madS
between itself and shareholders
All real estate acquired by the AssO-,
citation under foreclosure will be assuu-
ed by the Reserve fund stock and any
loss occasioned by such foreclosure wiz
be charged to said stock thus protect
ing shareholders Of other classes from
possible loss"
We also submit a clause which is en-
every certificate and bond that we issue
as follows, I'm addition to the other as
sets the entire reserve fund capital
stock guarantees the faithful perform.
ance of this contract on the part Of tia
Phoenix Savings Buildings and Loan
Association"
We also submit list OF the peopis-
who compose the Managers, directors
and reserve fund stockholders Of tina.
Phoenix Savings Building ana loan.
Association.
All of this is for your careful con-
sideration whether you are saving
. money or not. If you are not saving
money you should do so.
We accept from SO per month paid
monthly up to $4,000 paid at one time.
Would you not be satisfied to have the
men whose names appear below Land
ling your money side by side with their
own and the reserve fund in addition
guaranteeing you against loss? The
reserve fund is worth over s155, 10000 AZ
the present time.
] List of directors, managers, and re-
serve fund stockholders of the Phoenix
Savings, Building and Loan Associa-
tion of California:
A. A. Watkins vice-president OF W.
: w. Montague & Co, s. F., Cal.
Chas r Bishop, Gate of Honolulu),
- vice-president of the Bank of Califor-
MIA, S. F., Cal.
George c. Boardman, director San
n Francisco Savings Union, s. F.
4 S. Prentiss Smith, director National
u bank of D. o. Mills, S. F.
n Gavin McNab, Attorney, San Fran.
e cisco, Cal.
Clarence Grange, managing director
i Phoenix Savings, Building and Loan
=" Association, San Francisco, Cal.
c. E. Ladd, Ladd & Tilton, Bankers,
4 Portland, Oregon.
f. Theodore b. Wilcox, president,
3, Portland FIGURING Mills, Portland, Ore
e r. R. Hoge, of Hoge & Swift Mfg
II Agts, Portland, Ore.
y, 5. NJ. Mears, President Portland Cord.
q age Co, Portland, ore,
lie Walter Powell, manager Canadian
/ Bank Of Commerce, S. F.
'S c. & C. w. Spencer, Aetna Insurance
CO.
Edgar Mills, capitalist, San Francis
a. co, Cal.
Chas. f. Dillman, cashier National
70 Bank of d. o. Mills & Co., Sacramento
~ Cal.
&c Geo. D. Dornin, manager Springfield
to Fire Insurance Co., S. F., Cal.
Il, George II. Fuller, President Fuller
Of Desk Co., S. F., Cal.
id Charles Mills Gayley, director First
National Bank, Berkeley, Cal.
Walter. X. Smith Assistant Secretary
Phoenix Savings, Building and Loan
Association, S. F., Cal.
, William Thomas, Attorney-at-Law,
San Francisco, Cal.
S. H. Boardman, with Balfour, Guth-
RE & Co., S. f. Cal.
- F. A. Ruhl, hardware, Stockton. Cal.
f. L. VIM, Captain u. S. Army.
=, A. Wilson, with Balfour, Guthrie Sc
y Co, S. F. Cal.
O. G. j. Ness, Real Estate, Fresno, Cal.
,v ]. c. Moore, Real Estate, Fresno Cal.
George F. Smith, Capitalist, Santa
Barbara, Cal
=" ]. A. Murphy Aetna Insurance Co..
Seattle, Wash.
An Advance Payment of $4,000 per
share accepted in lieu Of Installments.
~ ESTIMATED OPTIONS.
Cash at maturity, end of yrs. 900 90
Cash at maturity end Of 10 yrs 1 2Q2 10