The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-02-06
THE QUESTION
AMONG MANY

Cial institution in which they deposit IN
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
zone hundred thousand dollars Of tia
Capital Stock of the Association is set
aside as reserve fund stock, which is n
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 assum-
ed by the Reserve fund stock, and any
loss occasioned by such foreclosure viii
be charged to said stock, thus protect
ing shareholders of other classes from
possible loss"
We also submit a clause which is in
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 this,
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 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 $685. 100000 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 vice-president of w.
w. Montague & Co.. S. F., Cal.
Chas. r Bishop, Qate of Honolulu1,
vice president of the Bank of Califor-
mia, S. F., Cal.
George C. Boardman director San
Francisco Savings Union, 5. 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. F..
. c. & C. w. Spencer, Aetna Insurance
. Co.
4 Edgar Mills, capitalist, San Francis
: co, Cal
Chas. f. Dilman, cashier National
= Bank of D. o. Mills & Co., Sacramento,
Cal.
Geo. D. Dornin, manager Springfield
Fire Insurance Co., s. F., Cal.
George H. 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 -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.
l A. Wilson, with Balfour Guthrie 90
Co, S. F. Cal.
c. ]. 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 S65.O0 per
share accepted in lieu of Installments.
ESTIMATED OPTIONS.
Cash at maturity end of yrs. 81, 900 90