The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1914-02-28
Y GU ALL wan !
A LOCAL BUILDING AND LOAN
ASSOCIATION

| ASSOCIATION
For. several years ago your BOARD o.
TRADE sent out folder which told Of Lake
lands advantages, and then Of her needs. ant
called on tho Stranger" to come to enjoy thu
'cin ate" and to supply the needs" and
| SAYING, Above all, we need Building ant
| Loan Association, as there Is no such insti
tuition now in Polk county"
| Lakeland is now twice as big as then with
| twice as many visitors and home seekers Toe
many OF the latter are compelled to go else
where for homes. for lack Of them here, ready
| built.
Lab0ring men and mechanics are finding
rents getting too high for them And some
thing must be done quickly to retain these.
who are the real foundation Of all prosperous
communities. And what Lakeland so much
needs" Lakeland wants. And what the city
| wants. her men, women and children need "
| Lakeland's advantages are quite equal to
| those of the earlier Middle West" towns BY
| improving their advantages the people built
| towns and filled them with homes, though not
| long ago wilderness Dayton, o., is typi
| cal town, with its 20 of these Associations
| all started in modest way, and growing
RAPIDLY till several of them already have assets
of from one to six million dollars These have
helped to bring her hundreds of big factories
whose thousands of workers have been provid-
ed with homes through these cooperating AS
sOcatlOns.
We do not think there is a single one of
these local cooperative associations in Florida,
certainly there is none in great Polk county.
Thousands Of dollars annually are taken from
the county, by outside corporations, operating
here as Building and Loan Association, but
having nothing of kin with what we have de-
Scrihed and propose, except the name.
Why continue, or permit this constant heavy
drain from this city and county A local as
sOclation here would become strong
m, ~
dreds who want to boost the town. and Of the
MANY who have suffered Disappointment and
loss by the outside concerns, and of the other
hundreds that will help with their savings to be
applied on homes and other good purposes, 1t
would soon become tremendous force In
bringing In manufactures. by providing per-
manent homes for their workers, and in other
wise building up a thrifty CITY.
Thousand have been ruined by real estate
speculations they felt sure would make them
richer, but no man can be found who has lost
dollar by these genuine, local associations.
There Is in their workings no tendency to take
take advantage Of borrowers or savers, as
shown by the fact that they each average but
one and a half foreclosures per year. the
country over, with their hundreds Of millions |
savers can withdraw their savings whenever |
needed by giving proper notice Of desire TO
do so.
The present splendid Chautauqua is made
possible by the fine spirit OF the men who two |
years ago made this famed Auditorium a pos
sbty. This public sprit-pa triotlsm. had
much TO do with bringing many OF us here as
permanent residents. We knew the building
could not at first be paying proposition. but
We wanted 10 live among the men who had the
nerve patriotism and enterprise to build 1t to
boos Lakeland and benefit her people,
We have scripture admonition be not weary
in well doing. Here Is a proposition preemi-
nent in the line Of well doing, that will pay
every member good returns on their investments
from the very start, in which there can be no
loss and In which no ones investment need
be large and which can be quickly incorporat-
ed and put into successful operation on no
greater cash capital than $4,000 or 10000
Such proposition taken up and prosecuted
heartily by Lakeland people, will grow like a
SNOW ball rolling down hill. and viii become
the greatest florida town and home builder,
and will do far more for the material welfare
NJ all our people than even the Auditorium,
for when that becomes too small, this Will
keen right on with increasing capacity IN the
building Of Greater City.
Lakeland has the enyiable fame OF being
FIRST in many things She may now be first
in securing one Of these famed town and home
builders. which shall be up-to-date, progressive
and safe in all Its methods and operations, ana
the beginning Of better things along these
lines all over Florida This done. and Lake
land will add greatly TO her claim as THE
TOWN OF BETTER THINGS"
MIG. WILLARD u
II KY. Bldg, Phone 1o2 Lakeland.