The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1911-03-09
GREAT COMPANY
ABLY REPRESENTED
Georgia State Savings Association and
Thomas M. Ferguson's Method OF
Doing Business.

Mduy d lndu III AlotelNopoAo' s>-
many thousands of men throughout
the South are home-owners by reason
Of the financial assistance rendered !
them by the Georgia State Savings AS
sociation, and this great company has
become a recognized and most i'm |
portant factor in the upbuilding OF the
South. Their interest charge is
reasonable and payments are so al
ranged that the man receiving small
salary can meet them each month. 4
OF course the Georgia State could
not accomplish this great worv without
live local representatives in whom the
public has confidence and who will
look after the interest and welfare of
the borrower as we'll as the Georgia
State. In this work in Hattiesburg the
company has been most fortunate, IN
their connectionwith Mr.. Thomas M.
! Ferguson, who is recognized as one of
the live men in the real estate bust
ness, and has been instrumental in
bringing many thousands of dollars of
investment money here.
The confidence and high esteem in
which Mr.. Ferguson is held by the
Georgia State, is shown by the follow
ing letter which we have permission
to use AS it will give the public an
insight to the real motive of this great
financial company:
THE GEORGIA STATE SAVINGS
ASSOCIATION.
Capital and Surplus $40o,000.o0.
Savannah, Ca, February 18th, 1911
"Mr. Thomas M. Ferguson, Esq,
"Hattiesburg, Miss.
Dear Sir-We note and appreciate
your remarks concerning the manneI
in which Mr.. Richardson and yoursel
view our handling of the Smith ant
Richardson proposition, and it is need
less for us to say that we are yer.
: gratified that you were enabled t.
J.. make the substantial amount that yo
+ did for Mr.. Richardson out of thi
equity for we do not look upon tn
n welfare of our borrower simplay fror
n the standpoint of mortgager and NOR
Il gagee, but on the contrary, are eve
II more gratified at the successful carr,
ing through of a contract that tn
= borrower often is because we fet
that our institution has been INSTR
mental in assisting in the upbuildin
Of the town and in making a bette
citizen out of the borrower, not onl
= by placing him in the "property-ownt
| class" but by having inculcated
& him habits of economy and the ,-.".p
= cation of his savings in a manni
most apt to produce permanent r
suits.
"In fact it is this very fact that OIL
a contract enables us to stand back
:. the borrower when he is down an
when he needs assistance more tina
at any other period, that encourage
our management in its unceasing e
:. forts to interest capital in the oldt
. and more thickly settled sections
6 the country to furnish us the none
,s necessary to extend our sphere of us
70 fulness, Notwithstanding that it NEAR
~ from eight to ten hours hard wol
;, each day, year in and year out, wit
~ every prospect for even harder ar
more confining work throughout Il
IN future, and Notwithstanding that v
Of already have enough business on OF
ID books to take things quietly and ha
% die the business in the territory
III which we are now operating in lei
" urely manner
of "Of course it is pleasant to us
III have an outspoken endorsement of o.
he plan and policy, but there is also Il
a, silent endorsement of the ninet
he nine out of each hundred other be
te rowers who carried their contrac
through without trouble and VIII,
Is. they got through they were so W,
Id satisfied with the result of their 8
he sociation with us that they have ev
ed afterwards come to us when tn
at. needed money and recommended us