The Butler weekly times. (Butler, Mo.) 1881-1918, 1909-01-14
WALTON TRUST COMPANY.
Annual Meeting Of Stockholders
and Directors.

The annual meeting of she stock
holders and directors OF the Walton
Trust Company OF Butler, Missouri.
was held on January Tth, 1909. DR..
T. c. Roulware, Frank Voris, ]. B
Walton and Max Weiner were elected
directors for she ensuing three years
and \. B. Owen for j r. jenkins un
xpired term.
VIM. E. Walton, the president Of
she Walton Trust Company, mad
his annual report, showing the bust
ness done during tbe year 1908
Gross earnings SAL lS9. IS
Expenses and taxes 1851
Net earnings ..................... m SIS, 900. IS
which is over 81 per cent OF our S55,.
10000 capissl.
Going back over our books for
nine years 30 get al average we find
the
Gross earnings $40 so. 10
Expenses and taxes paid lo7 .Os
| Net earnings for nine years ...... sl49, 5ls.59
Tnis shows an average OF 30 per
cent net earnings each year on the
capital stock OF $50, 10000. Our
surplus fund and undivided profits
account is SO, 39l 80,
We could quit business to-day and
pay our depositors and other credit
ors in full; then pay back to stock
holders all the money they paid In
Tor their stock and have on hand In
the surplus and profit account left
over as profits S75,391 80 to be di
vided among stockholders as gilt
that Thei. Walton Trust Company
has earned over and above expenses,
taxes and dividends since It's orgsni.
cation,
This over-plus or gift would
amount.to $13T,07 on each $4,000
OF stock owned by the stockholders
This large surplus and profit ac'
count places The Walton Trust Com
pany at the top Tor safety and aids
in many ways 10 make large profits
In our business.i Ii shows the public
that 1t lie not only big money max
ing institution but that It is abso.
lutely safe beyond any question.
i We are lending money on impfov-
ed farms In Bates, Vernon, Barton,
Cedar, Dade and Polk counties IN
Missouri and also In the state OF
Oklahoma. !. Afterwards we sell the
notes and mortgages to Savings
Banks, Liies. Insurance Companies
and three hundred and over individ'
ual investors living in many differ
ent states.
From small beginning 80 years
ago our growth has been gradua
until wei.now handle about eight
q hundred thousand dollars annually
q In farm mortgages.
r During this long period OF contin
, uous business We have never allowed
any purchaser OF our farm mortgages
80 lose one dollar OF the principal Of
|. interest or pay for expenses OF any
+ kind nor does any investor own {
;. ioreclosed farm.
The Walton Trust Company onl!
has 81, $50. 90 invested III forecloseC
land. There will be no loss on il.
? During this period Of 3S years W
7 have handled several thousand mort
% cages, aggresatlng many millions o
|. dollars.
This record for safety and profit
We have a right to be proud OF.
i 1t did not happen by chance but !
2 the result OF careful work, close al
20 tention to business, being well az
quainted with the people and thei
81 farms and In knowing how.
10 Stockholders received eleven pc
cent in dividends during the veal
:. The remainder Of s12,950.O0 wa
=, left In the undivided profit account
= The following named officers an
- employees we're elected: VIM. I
Walton: President; Frank NJ. Vori1
= Vice President; Frank Allen, Seer
% tary; c. A. Allen, Asst. Secretar.
: VIII ]. Nix, Abstrsctor; R. E. Mool
ia ey, Clerk and Bookkeeper; Lind
Nix, Stenographer and Clerk; Graz
20 Walkar Rook kaopoy