Norwich bulletin., 1920-03-04

| public is cordially invited to attend the concert before the opening of the I meeting. During the course of the evening the Bass-Clef, Prof. c. D. I Geer, leader, will render a number of 1 vocal selections, feature which is always pleasing on occasions of this tl1ind. el
 Speakers of the EvHnins
 Charles F. Wells, president of the Chamber of Commerce will preside and the list of speakers includes men of prominence and of wide experienced in building and loan affairs from other sections of the state. They are all qualified to s1aak with authority re- garding the work of these associations in their respective communities and | to show what the Building and Leah Association can do for Norwich if the citizens get behind it and push hard.
 Charles c. Perkins, secretary of the New London Building and Loan association and a well known busi- ness men Of that city will tell what the association has done for his com munity. Malcolm H. Geissfer, an attorney, | and secretaEy of the Putnam Building t-and Loan Association will show the | great progress thatn the association | has made in the city to the north of | us and how the people of that com 1 dsunity rallied to it's support.
 William II. Skinner of Bridgeport, i is one of the best informed men in | Connecticut on building and loan as- sociations. He is secretary of the | State Association of Building and | Loan Associations and in his official | capacity he has Opportunities to l 1 learn what the various organizations 1 throughout the state are doing. At l the present time besides the Norwich | Rlb7AtaiUn there are building and 1 loan associations in Bridgeport, Dan Il felson, Manchester, Meriden Mid ! New London Putnam. Rockville, f South N5rwaik, Southlngton, Stafford Springs, Thompsonville, Whitman tic and Windsor Locks. Each as- 7 sociation Is an independent organi- B zatien. but for mutual benefit, a state association, made up of representa- z lives Of the various state associations, 5 has been formed with view of = helping each other by an exchange of s ideas.
 T Another speaker who will be heard ' with a great deal of pleasure is Rev. n W. A. Keefe, pastor of St. Mary'sl T church and a director of. the Cham ' Der of Commerce. Father Keefe is T an eloquent and forceful speaker and is greatly interested in every civic movement which aims to promote the welfare of the community.
 Officers of Association. II The Norwich Building and Loan As- l. sociation has been in existence only, a d few years and numbers among its .e members some of the most progressive .s citizens men whose connection with 1t, gJ is due to their belief in the associa- if ten as 6 community asset of great V value to the city. The pres : ent board of officers is as follows: e. President. Ernest O. Rodier; first
 vice president, Daniel T. Shea; sec
 ond vice president, Alex Sharp; sec
 retary, Charles I. Smith; assistant
 secretary, Arthur T.. Sherman; treas
 urer, John E. Vaughn: assistant treas
 urer Bernard W. Ryan; attorney,
 Charles Y. James.
 Directors: Chas, s. Holbrook Wal ter F. Lester. Franklin Rumford, Will
 jam S. Elliott. Albert Clayton George
 s. Powers, George H. Moles. L. M.
 Crandall. William E. Manning.
 Auditors: 2, H. Topliff. George S.
 Powers and William s. Elliott.
 Advantages sf Association.
 The Building and Loan Association
 provides for the citizens of Norwich
 an added and exceptional means for
 both investment and loan. As an in
 vestment 1t offers an absolutely safe l proposition, paying 6 Der cent. or more
 interest to the investor. This is a
 matter which should be given care
 full consideration by those who wish
 to invest their money at n fair rate of return in safe and sound organ ization. To the person who wishes to borrow in order to build or purchase a house of his own, the association ex- tends an opportunity. not only upon an easy payment basis, but at an ex- ceptionally reasonable rate of inter-
 est. A Building and Loan Associa-
 ton is entirely cooperative and every
 borrower as we'll as lender, receiv-
 es the dividends which the assoeia D. ton is able to declare. Those who n. attend the meeting in the town hal D. on Friday evening, will have an CD.
 portunity to learn, more fully, what ar he excellent organization exists in Nor ry wich and how the community will b, at benefited by it's growth in member. rt ship.
 of Loan Applications Are increasing. no The many advantages of member ,et ship in the Building and Loan Asso 'dse eiation are set forth in a statemen oI by E. o. Rodier, president of tn es: Norwich Building and Loan Assoeia nu tion. MT. Rodier says:
 ne The Norwich Building and Loan As on sociation is now four and one-haE cn years old, and has had stead ne growth because the plan of operatio . l fpSno LIE way 1ot li16 HleCAdH4C tbFf ies the clerk and any person working fo
 a daily wage to more easily own
 home by taking into consideration hi
 future earning power and to own ied home at an earlier period in life tha he possible under an other plan.
 Applications for loans at the pres = ent time exceed our income and at a % times the money has been loaned ou # as fast as the dues have been paid il # leaving but safeguarding balance i
 the local bank. This has been tn
 factor that put the last serni-annu; # dividend rate over per cent.
 A distinctive feature of a Buildin
 and Loan Association aside from tn # economical manner in which they al Fl conducted in. the interest of its share W holders is the compulsory saving of
 stipulated amount monthly.
 The association offers a safe inyest E ment for limited amounts of none
 and advantageous opportunities for il
 Shareholders to borrow funds for tf
 building or buying of homes. All ir
 terested in home building or none
 saving are invited to investigate Il # system of the Norwich Building ar
 Loan Association.
 We can do a bigger work and
 greater good for our community I
 having a large increased member < ship. You are earnestly solicited to
 present at the open meeting to be he
 at the town hall, Friday, March St
 at p. n.
 I VI