The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-02-07
THE QUESTION
AMONG MANY

cia institution in which they deposit il
safe or not. For information Of manF
who probably do not know, we submit
an extract from the bylaws, charter.
etc, of the Phoenix Savings.
zone hundred thousand dollars OF the
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 other
classes of stock that the Associations
will comply with the contracts made
between itself and shareholders.
All real estate acquired by the Assoc
citation under foreclosure will be assum-
ed by the Reserve fund stock, and any
loss occasioned by such foreclosure win
be charged to said stock, thus protect
ing shareholders Of other classes from
possible loss" . .r.
We also submit 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 thu
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
E 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-
J 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, 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
10 Phoenix Savings Building and Loan
u Association, San Francisco, Cal.
c. E. Ladd, Ladd & TiIton. Bankers.
# Portland, Oregon.
Theodore b. Wilcox, president,
,, Portland FIGURING Mills, Portland, Ore.
!, r. R. Hoge, of Hoge < Swift Mfg
- Ag'ts, Portland, Ore.
5. NJ. Mears, President Portland Cord
p age Co.. Portland, Ore.
Walter Powell, manager Canadian
Bank of Commerce, s. F.
| c. & G.. w. Spencer, Aetna Insurance
Co.
Edgar Mills, capitalist, San Francis
co, Cal.
Chas. F. Dilman, cashier National
Bank of D. o. Mills & Co., Sacramento.
Cal.
a. Geo D. Dornin, manager Springfield
b. Fire Insurance Co., S. F., Cal.
De George H. Fuller, President Fuller
- Desk Co., S. F., Cal
Charles Mills Gayley, director First
49, National Bank, Berkeley, Cal.
Walter X. Smith. Assistant Secretary
Phoenix Savings, Building and Loan
Association, S. F., Cal.
o1 william Thomas, Attorney-at-Law.
l., San Francisco, Cal
J. 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 81
Co, s, F. Cal.
G. j. Ness, Real Estate, Fresno, Cal.
= ]. C. Moore, Real Estate, Fresno Cal.
be George f. Smith, Capitalist, Santa
n, Barbara, Cal.
A. ]. A. Murphy Aetna Insurance Co.,
Seattle, Wash.
An Advance PAYMENT Of S65 90 ner
share accepted in lieu of Installments.
ESTIMATED OPTIONS.
Cash at maturity, end of yrs 81, 900 90
is LaaL q, 1 N 600