The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-02-20
THE QUESTION
AMONG MANY

nIUUUu WInWl
People who save is whether the nnan-
ciaI institution in which they deposit 10
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
permanent capital and
guarantees to the holders Of an other
classes Of stock that the Associate
win comply with the contracts made
between itself and shareholders.
All real estate acquired by the AssO-
citation under foreclosure viii be assum-
ed by the Reserve fund stock, and any
loss occasioned by such foreclosure wiz
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, In addition to the other as
sets the entire reserve fund capital
stock guarantees the faithful perform
ance OF this contract on the part Of ths
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-
sideradon whether you are saving
money or not II you are not saving
money you should DO 80.
We accept from SO pet month paid
monthly UP to $4,000 pah at one time.
Would you not be satisfied TO have the
men whose names appeaS below nd
ling your money side by sIae with their
own and the reserve fund n addition
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 vice-president of w.
w. Montague & Co. S. F., Cal
Chas. r Bishop, Oate of Honoluiu),
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. f. Ladd, Ladd & TiIton, Bankers.
Portland, Oregon.
Theodore b. Wilcox president,
Portland FIGURING Mills, Portland, Ore.
r. r. Hoge, of Hoge e Swift M'rg
ACTS Portland ore.
S. NJ. Mears, President Portland Cord
age Co., Portland, Ore.
Walter Powell, manager Canadian
Bank of Commerce, S. F.
G. & C. w. Spencer Aetna Insurance
Co. 10
Edgar Mills, capitalist, San Francis
CO. Cal
Chas. F. Dillmana 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.. Winn, Captain u. S. Army.
A. Wilson, with Balfour, Guthrie &
Co, S. F. Cal
G. ]. 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 accented in lieu of Installments.