The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-03-19


Cash ON hand at close OF last
fiscal year ....-..--- -.---------.-S H. rs Il /
Dues on running stock .--.-..-... 1885 4 !
Pad-up stock -------. .-.-..-...... foYv ~ |
Deposits -----------.-- ...--......... BIS - (
Real estate loans .................. 69,765 As 4
Stock loans -......... ..........-.-. 5.}3S H. 4
Interest acknowledgements ...-.....-..... % $40 90 I
Fines and transfer fees .......... l3 - I!
Pass books and initiation fees. lob Il |
Borrowed money -----... -.-...---. 5e.oOo % /
Real estate ..........--.. .-..-..-... 1.S47 30 /!
Attorney and appraisal fees 1890 1913 60 |
Rents ................ ...-.- .-------. 1.5o5 .
Taxes and insurance advanced
for borrowers ---------. ..-.---... 1.2cl Z !
Sundry cash items -------. -.--...- 5,4s4 y /
Total receipts ........ ........... s3l9,ssl IS |
DISBURSEMENTS
Loans on mortgage security 5000 $1.s2. SIS 50
Loans on pass book security 800. 9.1lS -
Withdra walls Of running stock iS3 A
Withdrawal Of paid-up stock 1000 90
Withdrawals of deposits .-........ S.6f1 Is
Dividends paid during the year \, so 80
Expenses. including salaries 800. 1887 u
Borrowed money repaid ....- 1LfGO 90
interest paid ------------- II Ubl -
Insurance and taxes advanced
for borrowing members --------- 2.452 81
Attorney and appraisal fees 1,3S2 TO
Real estate ---------- -------------- 2.l4I 81
scriptioas '..-.,, .' ,,...>.....,. 1li5 90
foreclosures -. -. ISIS IS
Cash on hand at close of fiscal
Sundry cash items -------- -.------ lois 30
Total disbursements ..........-. .s5is 6Si 80
6-Salaries paid each of its Of
ficers:
President and manager ...-.... 1.SoO No
Cashier and asst. secretary 1900 90
Total salaries ........ -.......S $500 90
IA statement of its assets and liabilities
at the end OF the year. and the nature:
ASSETS
Cash on hand .........- ..........s 3o99 80
Loans on mortgage securities. 453 435 -
Loans on pass book security. 1919 -
Sundry accounts ---.------ -------- 362 II
Miscellaneous assets. viz;
Costs aud expenses advanced in
foreclosure suits -...-- --------- $50 Il
Insurance and taxes advanced
for borrowers ---------- ---->---- ESQ 81
Total assets .......... ..........$4s9. go 43
LIABILITIES.
Running stock and dividends SD. 80 90
Paid up stock and dividends. .527 81
Deposits and interest --------.---- 20.030 ID
Borrowed money Observation-Disclosures 10 800 90
Undivided profits ---------- ------- % I6 ~
Miscellaneous liabilities, viz.
SundFy accounts .-...--.-- -...---. 800 -
Total liabilities ........ ......... $i99 265 43
! P. w Madsen being first duly sworn
! according to law. deposes and says that
! he is president and manager of the above
named company; that the statements
/ made in the foregoing are true and cor
rect, and that said statement contains a
/ fun and correct exhibit of the condition
. of said cOmpany's business at the close
/ Of the year 1904.
( p. w MADSEN.
President and Manager.
! Subscribed and sworn to before
/ (SeaL) me this 9Th day Of March 1905
JAMES NGEBRETSEN.
Notary Public.
/ State Of Utah. Office of Secretary of
J State-SS.
| l. Charles S. Tiugey, secretary of state
/ of the state of Utah. do hereby certify
/ that the foregoing is a fun true and cor
| rect copy Of the statement of the above
named company. filed in my office on the
/ 9Th day of March. 1905.
| G. s. TINGEY
Secretary of State