Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1918-02-15
NINTH DIVIDEND $1o5, 1000.
Assets of Company Which Has an Of
flee in Brattleboro Increased $685.,
40 During Year.

The Spokane, Washington, Spokes-
man Review contained in 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 &
Trust company has carried on large
business for years:
The Day & Hansen Security company
during the fiscal year ended January
3 increased its assets from $3,624 ,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 s. 100000, making the ninth annual
disbursement of 100000 since the or
ganization of the company in 1908.
Net earnings for the year were STA
05S. after charging off depreciation and
general Improvement The company
also increased its earned surplus and
undivided profits account to $3l6,4l0.
Zone of the most important acqui-
sitions of the company during the past
year was the purchase on April |, 1917,
of the capital stock of the Vermont
Loan Trust company of this city, q
farm mortgage company, which has
operated in the Inland Empire for 81
years says the report. r. 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 &
Trust company, remains with the Day
Hansen Security company as assist
ant secretary and sales manager in
charge of the eastern Office at Brattle-
boro.
"The Day & Hansen Security COM
pany is the largest security company
in the northwest, having full paid
capital and surplus of $l,Sl6,41O. BY
the acquisition of the Vermont Loan &
Trust company the combined outstand-
ing farm loans of the two companies
aggregate more than $10,0O0,000. Last
year the two companies loaned to farm
ers in Washington, Oregon, Idaho and
Montana So, S36,57O. At the clc0, of
business January 81 the total as ,,, of
the company and associated inStitt tions
were $7,033 500, a gain over year ago
of 81 800, $1,000 Both the Day & Han
sen Security company and the Vermont
Loan & Trust company have a large
clientele among eastern banks, col
leges, trustees and life insurance com
panics.
"Tbe Day 4 Hansen Security COM
pany now owns 1882 acres in Mon
tana, including the big home ranch in
the Blackfoot valley, Powell county,
which contains about 10000 acres, which
is one of the best equipped ranches in
Montana, fully stocked with cattle
sheep, hogs and horses of the best
breeds. The live stock business car
ried ON by the company in Montana has
been very satisfactory the past year,
and the officers are doing all in their
power to increase the production along
these lines, carrying all the stock that
they can raise hay and grain to feed
The company has broken out over 1000
acres in Montana the last year and
will have 5000 acres in grain crops the
coming season.
"Thc company has just completed
n 30.OOO-bushe modern elevator on its
main ranch in Montana and plans 10
grain feed its cattle, sheep and hogs
in the future when market conditions
Justify. The live stock sales from the
Montana ranch during the year 1917
amounted to $l3l, o2362'
"The company reports a very sub
stantial growth and a profitable year
in the five banks which it owns, the
Watervile Savings bank of Waterville,
the Commercial Bank & Trust com.
pany of Wenatchec, the National bank
of Oakesdale, the Moscow state bank
of Moscow, Idaho, and the Blair & Co.,
bank at Helmville, Mont.