The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1914-02-24
YO j ALI WAN !.
A LOCAL BUILDING AND LOAN
ASSOCIATION

For, several years ago your BOARD Of
TRADE sent out folder which told Of Lake
lands advantages, and then Of her needs. and
called on tho Stranger to come to enjoy the
"cln ate" and to supply the needs" and
saving, Above all, we need Building and
Loan Association, as there is no such inst
tuition nov in Polk county"
Lakeland is now twice as big as then, with
twice as many visitors and hMne seekers. Too
many Of the latter are compelled to 20 else
where for homes. for lack Of them here, ready
built
Iah0ring 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,
Lakcand'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 a wilderness. Dayton, o., Is a typi
rai town, with its 20 of these Associations,
all started in modest way, and growing
Rapidly till several Of them already have assets
Of fIom one to six million dollars. These have
helped to bring her hundreds Of big factories,
whose thousands of workers have been provd
ed with homes through these operating As
SociatonS
We do not think there is a single one Of
these local operative associations in Florida,
certainly there is none III great FOLK county.
Thousands Of dollars annually are taken from
the county. by outside corporations, operating
here rs Building and Loan Association, but
having nothing Of Kin with what we have De
,crihrd and propose, except the name,
Why continue or permit This constant heavy
drain from This city ana county local as
SucIaiion here would soon become strong on
this alone But with the cooperation OF nun
IL, n,,I q tla
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 III
bringing in manufactures, by providing per
inanent homes for their workers, and In other
wise building up thrifty cry.
Thousand have been ruined by real estate
spec ulatiunS they felt sure would make them
rithor but no man can he 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 hut
one and half foreclosures per year. the
country over, with their hundreds OF millions
Of dollars in real estate loans, and that the
savers can Withdraw their savings whenever
ncci,d hy giving proper notice Of desire TO
do So.
The present splendid Chautauqua is made
ro,sihlr by the fine spirit Of the men who two
ycai, ago made this famed Auditorium a pos
siiility Til, public spirit patriotism, had
mG6h to dD with bringing many Of u, here as
porntagcnt residents We knew the building
ruuld not n first De- paving proposition but
-, wanted ~ live mAong thc men who hld lh'
nerve PATRIOTISM and enterprise 10 build II 10
bp,., Lakeland and benefit her people
we 1ac scripture admpnition be not weary
In we'll doing, Here is proposition lnrem
.i,rt IN fhe line ii we'll doing. That viii pa
sfi.l,a