The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-02-18
THE QUESTION
AMONG MANY

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 tho
Capital Stock of the Association is set
aside as reserve fund stock, which is q
nonwithdrawal permanent capital and
guarantees to the holders Of all other
classes of stock that the Associati-n
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 will
be charged to said stock. thus protect
ing shareholders Of other classes from
possible lossP 80,
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 tho
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 and
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 $155, 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, Oate 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. L. Ladd, Ladd & Tilton, Bankers,
, Portland, Oregon.
Theodore b. Wilcox, president
Portland FIGURING Mills, Portland, Ore.
II. r. Hoge, of Hoge & Swift Mfg
ACTS, Portland, Ore.
5. NJ. Mears, President Portland Cord
age Co., Portland, ore.
Walter Powell, manager Canadian
Bank of Commerce, s. r.
c. & C. w, Spencer, Aetna Insurance
Co.
Edgar Mills, capitalist, San Francis
co, Cal
Chas. F. Drlman, cashier National
Bank of d. o. Mills & Co., Sacramento,
Cal.
J Geo. D. Dornin, manager Springfield
Fire Insurance Co., S. F., Cal.
George II. Fuller, President FulleE
Desk Co, S. r., 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. II. Boardman, with Balfour, Guth-
RE & Co., S. f. Cal.
r. A. Ruhl, hardware, Stockton. Cal q.
f. l.. Winn, Captain U. S. Army.
A. Wilson, with Balfour, Guthrie s.
Co, S. F. Cal.
G. ]. Ness, Real Estate, Fresno, Cal.
j. c. Moore, Real Estate Fresno Cal.
George f. Smith, Capitalist, Santa
Barbara, Cal.
j. A. Murphy, Aetna Insurance Co..
Seattle Wash.
An Advance Payment of SG5.OO per
share accepted in lieu of Installments.
ESTIMATED OPTIONS.
Cash at maturity, end OF yrs. 81. 900 90