The Greeley tribune., 1908-08-19
Denver. Aug. is, 1908.
MIR. G. H. Wolfe,
Editor Greeley Tribune,

OcHNoIp aug. 10, lJOc.
MIR. c. II. Wolfe,
Editor Greeley Tribune,
Greeley, Colorado.
Dear Sir:-Referring to an edi-
torial in the Tribune of recent
date, / congratulate you upon your
interest in warning the people of
| Weld county against unfair Build
ing and Loan associations, Contract
Investing companies, and other like
institutions.
The Colorado Contract Investing
company, referred to in your editor
ial, has no authority from this de-
partment to do business in Colorado.
1t has failed in every particular to
comply with the Building and Loan
laws of this state, and is making a
strenuous effort to prove to this de-
partment that 1t 10 not Building
and Loan association, also that 1t is
not a banking association. and is not
under the supervision of this or any
other state department.
The Continental Building and
Loan Savings association of Denver
has filed report in this office, and
in this respect has complied with the
law. The report shows that from
January 1st to June 80. 1908, the
receipts of this association are
$19,451S3. also that the expense
for the same six months has been
$1O.729.
The Standard Trust Company of
Birmingham, Ala, now operating in
this state. has no certificate OF au-
thority from this department to
solicit business within the state The
articles OF incorporation of this as
sociation show that they are incor-
porated under the laws of Delaware,
and that the principal office is at
Birmingham. Ala. and that the Of
ficers of the company are citizens
of Texas.
! People investing in the above con-
Germs are doing SO on their own
judgement Complaint is contin-
ually being made in this office of
unfair methods employed by various
associationes doing business in Colo
RADIO. Representations are made to
induce investors. that cannot be full
filled, and the result Is they are de-
frauded of the money invested.
1t 10 the purpose Of this depart
ment to caution the public against
signing agreements for stock, or
contracts OF any kind. without un-
derstanding their meaning. These
contracts are SO adroitly worded THAI
only an attorney can interpret their
meaning.
The following associations have
been granted certificates of author
ity to do business in the state of
Colorado:
Century Building & Loan Associa-
tion, Trinidad. Colorado.
Assurance Savings & Loan Asso-
citation. Colorado Springs. Colorado,
Bent Loan 4 Bldg. Association
Las Animas, Colorado.
Boulder Bldg. & Loan Association
Boulder. Colorado.
Durango Saving 4 Bldg. Asso-
citation, Durango, Colorado.
Industrial Bldg. & Loan Associa-
tion. Denver. Colorado.
Lamar Bldg. & Loan Association
Lamar, Colo.
Longmont Bldg. & Loan Associa-
tion, Longmont. Colo.
Manzanola Loan Bldg. Assoe'a-
ton, Manzanola, Colo.
Mesa County Bldg & Loan Asso-
citation, Grand Junction, Colo.
Monte Vista Bldg. 4 Loan Asso-
citation, Monte Vista, Colo.
Montrose Savings & Bldg. Asso-
citation. Montrose, Colo.
Railway Savings 4 Bldg, Associa-
tion. Pueblo. Colo.
Grand Junction Bldg, Loan
Savings Assn. Grand Junction, Coiu'
Bessemer Bldg, & Loan Asso'''
tion. Pueblo. Colo. .,,,cs
Loveland Bldg. Loan y Sa''ns'
Association, Loveland. Colo.
Modern Bldg. 4 Loan Assoc'"'''"'
Grand Junction, Colo. ,o-
Mutual Savings & Bldg, Assoc'"
tion. Grand Junction, Colo .,oo
Otero Loan 4 Bldg. Assoe'"''''
La Junta. Colo. .,o,ot,op,
Salida Bldg. & Loan Assoc'"'' ''"'
Salida, Colorado Loan
N'''' CnlO