The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1918-02-11
NINTH DIVIDEND
TOTALS SOS, 900
Assets of Company Which Has an Of
fee in Brattleboro Increased
1928, 40 During Year.

The Spokane, Washington, Spokes-
man Review contained in a recent IS
sue the following which will be of in
terest to many people in Brattleboro
and throughout the New England dis
trict in which the Vermont Loan q
Trust company has carried on a large
business for wears:
The Dav & Hansen Security company
during the fiscal year ended January
81 increased its assets from $3.50 ,032
to $3,9l7,020 according to the report
given out by the company yesterday
A yearly dividend of per cent was
paid February ! on the capital stock
of 81 100000, making the ninth annual
disbursement of $685. 900 since the OF
| ganization of the company i'll 1908.
| Net earnings for the year were Sll4,-
| 05s. after charging off depreciation and
| general Improvement. The company
also increased its earned surplus and
undivided profits account to $3l6,4l0.
lone OF the most important acqul-
sitions of the company during the past
year was the purchase on April !, 1917,
of the capital stock Of the Vermont
Lean Il Trust company of this city, &
! farm mortgage company, which has
years. - SAYS the report. t. r. Rogers
manager of that company for many
years, continued as secretary and man
ager and was also elected director and
vice president of the Day & Hansen
Security company. Frank B. Putnam
of Brattleboro, VT, for years eastern
representative Of the Vermont Loan 8
Trust company, remains with the Day
& Hansen Security company as assist
ant secretary and sales manager il
charge Of the eastern Office at Brattle
boro.
"The Day Hansen Security com
panv is the largest security eompan'
in the northwest, having a fun par
capital and surplus of $l,Sl6,4l0. b,
the acquisition of the Vermont Loan !
Trust company the combined outstand
ing farm loans of the two companie
aggregate more than $4,000, 900. Las
year the two companies loaned to farm
ers in Washington. Oregon. Idaho an
Montana S2,s36,570. At the close .
. business January, Il the total assets ?
: the company and associated institution
i were - 49,. 500, a gain over q year az
r OF : 800 ,574.09 Both the Day X Han
: sen Security company and the Vernon
r. Loan & Trust company have a larg
- clientele among eastern banks, 60
legcs, trustees and life insurance con
: panies.
e. 1.-The Day & Hansen Security con
t uanv now owns 1882 acres in MOI
= tana, including the big home ranch 4
e he Blackfoot valley, Powell count
"A which contains about 10000 acres, while
y is one of the best equipped ranches
IS Montana, fully stocked with cattl
2 sheep, hogs and horses of the be
g breeds. The live stock business ca
; ried on by the company III Montana HI
x been very satisfactory the past Yea
and the officers are doing all i'll the
power to increase the production alol
these lines, carrying all the stock tn
they can raise hay and grain to fee
- The company has broken out over 30
acres in Montana the last year a.
will have 5000 acres in grain crops I
lie coming season.
"a 1.-The company has just complet
w a 30000-bushel modern elevator on
ne main ranch in Montana and plans
mt grain feed its cattle, sheep and he
or IN the future when market conditio
as Justify. The live stock sales from t
n: Montana ranch during the year Is
ye amounted to $l31 ,02362.
al. THE company reports a very 81
We otantial growth and a profitable "
on in the five banks which it owns, [
as Waterville Savings bank of Watervi
ali the Commercial Bank & Trust co
raj pany of Wenatchee, the National ba
for of OakesdaIe, the Moscow State ba
lal Of Moscow, Idaho, and the Blair & {
..' bank at Helmville, Mont
ear