Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1903-03-04
Pertinent and
To the Point
A Very Pertinent and Also a
Reasonable Query.
WHY?
WHY l.?

themselves, II llp tnOtnlN Is SuCU u
good money-making proposition, is
what a great many people ask, when
we speak of our director list and the
immense financial standing profits of
this company This question has
been asked us thousands of times, and
" hen we find one interested sufficiently
10 ask these pertinent points we know
that he wants stock. It Is one ques-
ton above all others that shows in
terest in the matter and that they are
also a thinking person.
First: We would not allow them to
buy all of the stock.
I'd: If our directors and other large
fnanciers and bankers took all of the
stock who would borrow the money?
DO you suppose they are in the bank
ing business to borrow money from
themselves? No.
Sd. In offering the same induce
ments to the small shareholder as to
the large and giving an equitable dis
triDution of the profits to all, we are
extending our field of operations for
loans, which is the life of the bust
ness. A great many people save up
for a few years until they have sufii-
Client, with what money they obtain
from us, to buy a house and lot for
themselves and own it complete in a
few years more.
4th If you were a stakeholder in
any of the good banks in the United
States would you advise a man to go
10 different bank If he should ask
No. Well. then, why should not the
shareholders of the Phoenix throw all
their influence towards their own com
pany, when they know that 1t in
Creases their dividends, rather than
throw it somewhere else?
9Th: The best advertisement that
We can get is the selling of this stock
TO such a large number of people (up
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 1t Is
brought 10 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 tall being due at differ
ent dates) make 1t far safer for all con-
cerned than If the money was placed
by small number of individuals in
large lots, and such a 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 always, and
would also make us not so safe as we
are.
7th: The distribution of this stock
over such a large area of territory
gives us also a distributive class of
loans, so that il dull times should
come in one territory the good times
in another would more than overbal-
ance 1t. This keeps money from lying
idle Ia 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 installment stock. This
enables our managers to make addi-
tiOnal purchases of stock also This
partly explains one of the main OBJ
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 a partner in
this financial institution with the men
whose names are at the end of this
article, and also know that they are
managing and handling your money
by the SIDE of their own? They have
been singularly successful in their lines
Of business, and don't you think that
the judgment of competent and sue
cessful men is better than the judgment
of an indiciduai successful man Cf you
have been successful mani. If you
have not been successful, why not try
some of our stock, which, in few
years, will give you competency sufi-
Client to place you in better position
than you are now. Glass A stock, sixty
cents a share, payments limited to one
hundred to make 800. (Soon to be
withdrawn). Another stock to take
the place of this, 10 cents per share
(ten different options on this class of
stoch. Glass 3, prepaid, $50 per
share per cent cash interest seml-au-
nualIy may be withdrawn, if desired,
If not Withdrawn it is estimated that it
will vanrb mar ,rnluo uritbip R,,, 20. OF,