The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-12-03
HOME BUILDING AND SAVING.

Have YOU thought the local building and loan
association what I; the individuals who invest in is
stock 10 the community aud its bearing upon business and
national well lcngi II YOU viii take the time TO carefully in
ycda.c srd anayzc the there little doubt that YOU
will ca'h the conclusion that important movement was
ever launched in thickasa.
This association is not money making proposition for any
body except the shareholders Its directors receive salaries
NO commissions and dividends except those that them
as shareholders in proportion the amount OF stock they
man. child who buys share OF stock which at
maturity worth SOO paving Tor in monthly ns,allmen of
50 each part oi the association having voice in its
In Oklahoma building and loan associations many OF which
have long and have been highly successful
organized in conformity with laws their charters a
proved by the State Banking Board and they are subject
periodical inspection without notice by the boards inspectors
exactly the manner bank They are purely coopera
The monthly payments that made by stock
holders Immediately become available for loans and the interest
which they draw is compounded monthly They not get-rch
quick affairs but they do offer opportunity TO put small and
large savings at work promptly and Systematically IN way
that its safe and brings returns.
At the present time thousands of dollars OF Chckasha
every month building and loan association elsewhere Our peo
pie who have bought stock in these associations have acted wisely
and are commended for their business saecy However
the number OF these stockholders in outside is only
small portion of the population OF Cckasm and hence
there large field for the local association To the individual
shareholder investment the home has all the advant
ages OF investment in other loan association and this ad
ona advantage keeps all the money paid for stock busy in
the channels Of local business and industry The who bor
money from the local association spends in Chckasha;
goes back into the banks and finds its through all the
of trade thereby benefitng all local business
building and loan association loans money except upon
first mortgage security The borrower pays back the money
monthly and hence the security becomes better all the time 1t
stated excellent authority that there has never been building
failure Oklahoma small and association
safe large and old because the securities for the
loans the in both cases being first mortgages
Building and loan associations have been influential agencies
in promoting home building and home owning throughout the
They make home ownership possible for the work
and every of moderate and thereby contribute to
the growth of the town and the welfare OF the country Besides
promoting home building they make it for boy girl to
for going college for engaging in business later
in life Fifty cents month for ten years with the accumulated
earning of building and loan associations The actual
paid only 500 the remainder of the 500 being made
the earnings which result when the interest the paid in
compounded monthly How boys and girls there who
cannot 50 month? Multiply 50 by and
there young and young women who IS
monhand the end OF ten years you will have $1,000
1t should be generally understood that nobody going
make in this world unless he spends less than he makes
be his earnings large small and the earlier life young
this lesson the better will be for him. Some days ago
talked railroad man who has several years to before
he age of fifty He started brakeman but he
has been conductor for number OF years He is not tight
wad by He and his family live we'll take trips
year and have all that necessary for their comfort
and pleasure Ten he built very substantial home in
Chkaha and during all these he has been beerng his
financial condition steadily He said writer: saved
money under the old pwar scale Of saved money dur
ing the period of highest wages and proteer and still
saving it. expect to be in position to retire within few
years. This is Easy Street" simply because early
life he learned how Thousands Of other in railroad
work and other lines who have earned much he has earned
wouldn't have enough to live on tor month they should lose
their jobs be oveaken by sickness any other kind Of
fortune.
We know another who years ago began putting
$40 month into building and loan association Within few
months he will draw $1,000 and he he has accumulated
this money easily that he scarcely realize how he did it
the local association study the building and loan
saving will pay you Buy building and loan stock the
monthly payment pa whether is for the purpose of building
buying improving home merely easy way to
and safe way to invest your money
President Hardings home democratic but would
to stand to reason that he couldn't find places for all OF