The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-02-03
THE QUESTION
AMONG MANY

cial institution in which they deposit Is
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 the
Capital Stock OF the Association is set
aside as reserve fund stock which is
nonwithdrawal permanent capital and
guarantees to the holders of all other
classes of stock that the Association
viii comply with the contracts made
between itself and shareholders.
All real estate acquired by the Assoc
citation under foreclosure will be ASSUME
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"
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 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 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 $155, 10000 at
= the present llIllt'
List Of directors, managers, and re-
serve fund stockholders of the Phoenix
! ton of California: !
:, A. A. Watkins vice-president of w.
e w. Montague & CO., s. F., Cal.
> Chas. r Bishop, Uate of Honolulu),
J. vice-pEesident of the Bank of Califor-
d mia, S. F., Cal.
@ George c. Boardman, director San
e Francisco Savings Union, 5. f.
Il 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,
c Portland, Oregon.
d Theodore b. Wilcox president,
Portland FIGURING Mills, Portland, ore.
It r. r. Hoge, of Hoge & Swift Mfg
II ACTS, Portland, ore.
II 5. NJ. Mears, President Portland Cord
age Co., Portland, Ore.
l. 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. Dnlman, cashier National
e. Bank of D. o. Mills & Co., Sacramento,
a Cal
Geo d. Dornin, manager Springfield
Fire Insurance Co., S. F., Cal.
II George H. Fuller, President Fuller
- Desk Co., S. F., Cal
/ Charles Mills Gayley, director First
9, National Bank, Berkeley, Cal.
d Walter K Smith Assistant Secretary
Phoenix Savings, Building and Loan
= Association, S. F., Cal.
|, William Thomas, Attorney-at-Law,
y San Francisco, Cal
i S. II. Boardman. with Balfour, Guth-
y RE & Co., s. f. Cal.
F, A. Ruhl, hardware, Stockton. Cat.
# f. l.. VIM, Captain u. S. Army
II a. Wilson, with Balfour, Guthrie a.
:, Co, S. f. Cal
c. j. Ness, Real Estate, Fresno, Cal.
y j. c. Moore, Real Estate Fresno Cal.
George f. Smith, Capitalist, Santa
a Barbara, Cal
J. A. Murphy Aetna Insurance Co.,
Seattle, Wash.
An Advance Payment of $65OO per
share accepted in lieu Of mstallments.
n ESTIMATED OPTIONS.