The Cairo bulletin., 1909-05-09
HIGH TRIBUTE TO
BUILDING & LOAN
JUDGE cORlNGS SAYS ASSOCIA
TONS DID MUCH TO BUILD
UP CAIRO.
$500, 00O0UTSTANOINC
From Associations in Cairo at Pres
ent-Cood Men in Chargs Says
John S. Aisthor1e-Street
im9rovem ents.

The attendance at thu Merchants
!LunchoOn yesterday %as again lin
fitted. only about Gr ntn being present
Ibu. It is Likely the attendance vii b
as usual next SATURDAY. for ut the
Suggestion Of " H. Wood VINO said
the lunChoons ought not 10 pe PER
miued to die an efor win be made
to revive interest IN them. Prof.
lClendenen and Peter Lind volun-
Iteered rs n committee - dispose OF
a number OF tickets for the remain
Ing luEeheons Of tie present month.
Judge Alfred Comlngs presided al
| Yesterdays luncheon and gave a very
Interesting talk on ruiitfng AMI Dan
Iassnciations particularly the Cairo
Iassociation ef which he has beau sec
Iretary for % Years. He said this as
sociation had loanel Only $4,000 in
the. first year Of its eyistenco. hut
| during the % years Of its life had
loaned S5lS00G assisting nalv Young
men anI older ones on, tu get homes
which they could not have gotten in
| any other way. He sad the several
building and loan associations of the
city had new in force over $SA6 0l0
.iE loans on property i'm Cairo. and
he felt sure they had done much to
building mp the city. Tine Judge gave
an interesting hir Of Cairo story
saving when he had come here he
weighed Il3 pounds abou the rightI
weight for a school teacher. ami he
taught the first pubic school In
Cairo. He was q thorough Cairaiie
anJ wanted the city to grow: W $
in favor of improvements. hut would
not make them Durdens0me II
though gravel pavemea; good enough
for cross streets. The Judge raj a !
letter from Alex NJ Raggio eff arinv
TO build city hall which caused !
some merlin ent.
John S. Aisthorpe paid a high
tribute TO the men who conduct the
building and loan associations of
Cairo He said when the cairo asso- !
ciaiiou. of which Judge Comines has |
been secretary from Its begl1aing |
was started. some Of he oder men in !
the bank of which Mr. A'Nnorpe is
now president believed these ass5cia |
lions would hurt tie savings banks. |
Experience had shown thar the co =
trarv was true that The assoc atoms |
really created he habit of saving anl |
when citizens had paid off their loans
In the associations they kent putting
away their monev and ratr9ni2od tn
savings banks The people Of Cairo
were fortunate in having their build
ing and loan associations i'm the hands
n competent business men Their
had never been Wi:mper Of dis nst
against any Of them and it was b.
cause they were all managed by men
Of the highest integrity, who man
aged the institutions on s.r;ct brsi-
mss principles. This accounted for
The success of all the associations in
Cairo. Mr.. Aisthorre spoke briefly
Of street paving saying he would nrt
for moment think Of doing any
thing to stop improvements in Cairo:
but believed they should not be
rushed to fast; the burdens should
not be put on too heavy all at once:
/. should be spread out more over 2
term of years. And if any ma Crial |
as good as brick or better in some
could be had AZ less cost. he
would favor that for paving some Of
he streets.
There was a bit Of pleasantly IN
he course Of the talking judge Com.
ngs had said he weighed only 113
pounds when he came 20 Cairo. NIL
Aisthorpe took occasion 70 say he
only 9S pounds when he
came to Cairo; and w H. Wood put
bottle these gentlemen "on the SHELF" |
so 70 speak, by declaring that when
he came to Cairo he weighed only
ten or twelve pounds at least
that's what I've been odd. said Mr.
Wood. "Of course. was there when
il happened, but | couldn't read the
scales AMI bad To take somebody |
Uses word for II"
Judge Comines named Thos. F.
DShea TO preside at the next