Norwich bulletin., 1920-03-06

not join years ago. By joining the association you are accomplishing two purposes, one, to save money and the other, which is the primary object of these institutions, to help someone obtain a home. While it is true the few dollars each one saves may be small in itself. but when it is all added together it does someone valuable amount of good.
 Take some shares here tonight for the prosperity of not only yourselves but the community at large and show the officers of the Norwich. Building confidence in them. They are trying to benefit the town so give them your help.
 Now just a word to the members of this association-you all must con slider yourselves agents and get per sonally acquainted with the workings of the association, then you will be able to boom it for your association S sake, your town, and yourself.
 And now before closing, I again want to impress on your minds that the cost to join is s1 per share per month plus the entrance fee which is paid by everyone for each share when taken, that the shares require about 1 7 ture at per cent, and that you can take from one to fifteen shares. N. A.. Gibbs Speaks. Following MT. Skinner's instructive and interesting talk, a double guar tette from the Bass Clef rendered se- Iections, after which Chairman Wells 1 introduced Cashier Nathan A. Gibbs of the Thames National bank as the second speaker of the evening. MT Gibbs said in part:
 The city of Norwich wants some 1 one to boost it. We have right here in Norwich one of the best manufac- 1 turing plants, in the country the Hopkins and, Allen building, and we want to fill it. But we can't do ii unless we have houses for the em- l plsyes of the plant to live in and the only way to do it is through oui building and loan association. Experiences in New London. I c. c. Perkins of New London, afili- i ated with the New London association was the next speaker of the evening and he opened his talk by saying that he had already taken out severa shares in the local association as ht expected that the building lots be- 1 tween New London and Norwich
 
 London would annex Norwich. MT ! Perkins briefly reviewed the history of the idea of building and loan asso. citations saying that the idea is al old one and that as far back as POI B. c. there is record of a building as. sociation in China. Tn speaking O the New London association Mir. Per. kins said that that ass1Hiation was in,
 corporated in 1914 and that of tn,
 first series 1,02B shares were sold
 but now there were. 5000 shares O stock. The total assets of the Nev
 London association are now SIPS, ,00l During the six years of it's existenv,
 there had been 50 homes built througl !. the efforts of the association and the, had only just begun.
 & What Putnam Did. M: H. Geisler of the Putnam asso citation told of the work of the asso
 citation in that place which was incor porated four years ago. Mr. Geisle said that the Putnam association wa made up largely of wage -earners wa were taking an active interest in it. | the last series, said Mir. Geisler, W aimed to sell 1000 shares, but instea
 we sold 1890, a good representatio of a city with 5000 inhabitants. On :, feature of the Putnam association tha ] is not found with other association