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

=
People who save is whether the finan--
cial institution in which they deposit is
safe or not. For information Of many
who probably do not know, we submit
an extract from the bylaws, charter.
etc, of the Phoenix Savings.
"One hundred thousand dollars of tho
Capital Stock OF the Association is set
| aside as reserve fund stock which is a
nonwithdrawal permanent capital and
guarantees to the holders of all other
classes of stock that the Association
will comply with the contracts made
between itself and shareholders.
All real estate acquired by the Asso-
citation under foreclosure will be ASSUME
ed by the Reserve fund stock, and any
loss occasioned by such foreclosure will
be charged to said stock thus protect
ing shareholders Of other classes from
possible loss"
We oiSO Subilal a NihuSt WHICH Is
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 the
Phoenix Savings Buildings and Loan
, Association
We also submit list of the people
who compose the Managers, directors
and reserve fund stockholders of the
Phoenix Savings Building and 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 hand
ling your money side by side with their
/ pNll anu NhC ltotiNt lhill III dhulNAOA
guaranteeing you against loss? The
reserve fund is worth over $155, 10000 at
the present time.
List of directors, managers, and re-
serve fund stockholders of the Phoenix
Savings, Building and Loan Associa-
ton of California:
A. A. Watkins 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
Francisco Savings Union, S. F.
s Prentiss Smith, director National
bank of d. o. Mills, S. f.
Gavin McNab, Attorney, San Fran
cisco, Cal.
Clarence Grange, managing director
Phoenix Savings Building and Loan
. Association, San Francisco, Cal.
c. E. Ladd, Ladd & Tilton, Bankers.
Portland, oregon.
Theodore b. Wilcox, president,
Portland FIGURING Mills, Portland, Ore.
r. r. Hoge, of Hoge & Swift Mfg
Ag'ts, Portland, ore.
s. NJ. Mears, President Portland Cord
age CO., Portland, Ore.
Walter Powell manager Canadian
Bank Of Commerce, S. e.
c. & C. w. Spencer, Aetna Insurance
Co.
Edgar Mills, capitalist, San Francis
co, Cal.
I Chas. f. Dillman, cashier National
Bank of d. o. Mills & Co., Sacramento,
Cal
Geo. d. Dornin, manager Springfield
Fire Insurance Co., S, F.. Cal.
George II. Fuller, President Fuller
Desk Co., s. F., Cal.
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 t-Law.
San Francisco, Cal.
s. II. 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 &,
Co, S. f. Cal.
G. J. Ness, Real Estate, Fresno, Cal.
j. 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. 81, 900 90