The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1914-07-21
Hancock Department

ways been my contention that publicity
~ very important force, tending to
bflng about the more general accept
ance Of the service rendered by the as
sociauons. II has appeared to me that
the associations have had considerable
pubilc attention during the past year.
ana all of 1t of very favorable nature.
FOR instance, | refer To the agita-
tlon in the metropolis Of the state to-
ward the establishment of "A focal
building and loan association. The
need of such facilities seemed To have
general recognition. The officers of
this league were lending their coop
operation To the Detroit real estate
board, which had fathered the project.
Urges Use Of Publicity.
The foundation of a new associa-
ton has not yet followed the efforts
put forth, but it is a pleasing fact that
the Northern Michigan association has
entered the Detroit field, and il has
also been observed by some that the
Detroit associations, whose operations
have been largely in the southwestern
part OF the country, have been giving
more attention to the business that
may be had in their midst. A greater
public familiarity with what loan as
soclations can do in their own locality
in Detroit, will be boosting force.
Does your association regularly
mako an advertising appropriation?
What are you doing to brine to public
attention the unique kind OF service
that can be rendered the Individual"
Improved Housing Conditions.
The president referred to the i'm
provement of housing conditions, /
subject which he urged be given at
tention by Building and Loan assoc
Citations, and declared that all organ
izations of this nature are in posi-
ton To take "a stand against buildings
being erected that are unsanitary and
unfit To live in. lie also spoke of de-
linquent borrowers and recommended
various methods of taking steps to-
ward bringing them up To the marx.
Il would rather have up to date ac-
counts any day than to collect round
sum each year in fines" he added.
Have a follow up system for delin-
qucnts and be sure you are justified
before you let them get beyond the
foreclosure period. 1t is "A great mis-
take for men whose business is TO see
that people pay their honest debts 10
neglect the matters that call for hui
man justice i'm the incest form.
Your officers have put forth their
best efforts to bring into the league
the associations which have some of
the benefits of our activity, yet do not
contribute to its support. We regret
that these efforts have not been more
successful These associations are
mostly the smaller ones, and we can
only hope that in time. the personnel
of their management will so change
as to put us in touch with men who
will be less Indifferent to the claims Of
this organizations" tt,
The Secretary's Report.
Secretary Fitch, in presenting his
annual report, said:
AS the legislature was not i'm ses
sion during the past year, the year has
been quiet. The president and secre-
tary, however, have been doing some
work and while the result
is not now apparent, there are two
associations which undoubtedly will
join the league i'm the near future.
There has been some inquiry In re-
gard to new associations and there are
indications that a healthy association
will be formed at Eaton Rapids. Nun
roe and Battle Greek also are in line.
1.-THE forthcoming report of the sec
rotary of the United States league will!
show about $100y0O0,000 increase in
the United States. Farm loans Of the
association should have careful con-
The subject is live one
and | trust it will be discussed by al
the members The franchise fee, joint
ownership and other matters are en-
titled to careful consideration at this
time"
Talks on Cyclone Insurance.
Secretary Rich presented a paper on
"Cyclone, Hurricane and Wind Storm
insurance III NhiNh NNiN S'NN" ~
practical methods employed By the
New Michigan Building a Loan assoc
citation to protect the association as
a whole and the borrowing members
from losses occasioned by storms.
eve all consider fire insurance an
essential factor and absolutely neces-
sary to protect the association and the
individual member from loss and pos
sible ruin" added the speaker. "A
tornado i'm the territory of any of the
local associations would cause n much
greater loss than is possible by fire
rs fire i'm the residence district IS
almot invariably confined to one build
ing.
"Fire insurance as matter OF pro-
faction is universal. The people have
been educated for generations along
that line, and consider 1t legitimate
mart of the expense of maintaining
nroperty. Tornado insurance Is conf
naratively new proposition. and the
people as a whole do not realize th9
importance or protection against ey-
clones and wind-storms.
"The New Michigan, of Jackson
took up the subject in earnest about
one year ago. After the details were
worked out the proposition was SUI
pitted TO n. referendum vote OF the
,tnIx n q thnV were