Norwich bulletin., 1922-01-07
A Bulletin Want
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ANNOUNCEMENTS
SAVING BY METHOD IN
N0RWUeu Rrrxr m

est returns to the small investor.
A distinctive feature OF building and
loan associations aside from the econom-.
| icai manner in which they are run in the
interest of the depositors, is the COM
pulsory saving OF a stipulated account
monthly.
| The only business of the local asso-
citation IS the receipt of regular depos-
its and the placing Of conservative loans
at fair rate of interest at 2 minimum
| Of expense.
Each depositor in the association. is
a shareholder and no person can hold
more than 10 shares in any one series
| except when some are pledged by mort
gage when the limit is then 30
| A deposit of one dollar Per month
must be made for each share held
The average deposition has five or ten
shares with payment Of FIVE or ten dol
lars each month, although We have
number Of members who hold only one.
two or three shares.
The entrance fee is 50 cents per share
and shares are issued in series.
Shares mature when principal and In
terest amount to $500. This takes about
12 years. when the cash IS paid the
Shareholder
Loans may be made BY first mortgage
on real estate or by snare loan without
other security IN to the withdrawal
value of their shares
The association is under the state laws
which do not allow loans on SECOND
mortgage or other security than the two
mentioned above
| Connecticut bank examiners au6it III.
books and securities or the association
eaclI year. Local auditors examine them
each six months.
The demand for loans locally far ex-
ceeds the receipts for that purpose
| The purpose OF the present drive 10
sell shares for the 14th series Just start
ing is to receive a greatly increased in
come each month to Accommodate our
citizens WIN wish to build or buy a
home for themselves
Fifteen hundred or 1900 shares sold
would ivcrease the loaniag power By
] just that number OF dollars Remembe,
, it is only dollar per month per share
; 4 public meeting viii be held m Odt
: Fellows hail on Main street next Wed.
nesday evening, January 18th. ar n
m, where prominent citizens who ar,
= / shareholders will give THAR experience i
It's various phases Of working Ever,
interested person is invited There vii
: be community singing led by an orches
| ira.
For anyone interested and cannot at
tend. the following officers and dtrec
| tors invite YOU TO see them PERSONAL,
at any time for explanation:
The officers are: r. o. Rodier. presi
dent: D. T. Shea, first vice president
Alex Sharp. second vice president: Chsr
I. Smith, secretary; William f. Manning
assistant secretary; John z Vaughn
treasurer William S Elliott treasurer
S Board Of management: c. S. HolbrooH
e W. F. Lester, Franklin Rumfort, Albar
i Clayton. George s. Powers. George 2
; Afofes l. " JCrandall Robert McNeeiy
! Bernard w. Ryan. Auditors: ?. H Ton
q lift, George S. Powers. Charles y. Eos
e ter. Attorney, c. V. James.
I The following are the members:
x ]. Oliver Armstrong. Edward L. Arm,
: strong, H. c. Adams. Nicholas Amatt
= A. Ableman, Sterling ]. Averell. JOSEF
S. Adams, Nelson J. Ayiing Thos. +
q Burns, H. D. Buckley. W. ]. Banfielt
4, H B. Becl1with, G. Chester Bell, H. 4
n Beausoliel. Josephine Beausoliel Jane
W. Bussey, William 4. Buckley II :
l. Brown, Samuel Bellone, George F
o Bruce, Walter NJ. Buckingham. Natha
Blumenthal. Lorenzo p. Burton. Tnoma
s n. Beckley. Mrs. Katherin Brown, JIG
p seph Boyisnd. Charles w Burton. job
Banker John Brennan. William T
2 Cruickshank N T Croweli NJ ! Cum
! AA44aiSSs l. NJ d ATOnlg
IF L. NJ. Crandall, Fred n. Clark. Abe,
m Clayton. Joseph Christian, Mrs w Z
Coughlin. James l. Case. A. C Crowel
n Robert J. Cochrane, Mrs Robert
Cochrane Felix P. Callahan. Nelson 7
1t Church. George A. Chase. r. S Chisholm
Thomas T. Cummings, H. 2. Campbell
le James J. Casey. W. r. Clark, Mrs. y
ii r. Clark. Emily D. Cleveland. John !
- Cleveland, Rev. Jos. W. Carlevale, Geore
le W. Carroll. Louis A Cembies. loser
3. Caron, Louis p Caron Octave
Caron, Mrs. Maud 3. Grove. Erastus 2
Carter, Aiphonse Desia, DR.. Driscn
L. Charles Dudley, Mrs. Anne Dolan. Emil
- J. Der7fs. Critic 2. TQlncsn. Spec
ID Evans W. z. Elliott. r p. Fitch. C.
o. Eaton, Eaton Chase -, Mrs. James r
a. erett. Mrs. H NJ. Everett, Frank Egel
- ton, c s. Faircloueh. Or. a. c. Fresn1a
r Mrs. VIM. Fields. Mrs Ann Foley. Cfsor.
D. Fillmore. W r. Frisbie. John
l.. Ferguson. Fourier & Fleming. C.
IN Foster. Hugh Finlayson. " G. Fromai
5 n; der. Mrs. Kate Frohmander, H. '
he Gallup. c. c. Gildersleeve. TT. 7. CHI
A II. CULVER. Ruth y. Craeco. G.
id Clifford, z. 4. eager. y. A. Gibbs, Eugel
he Gibson, H. c. German. c. D. Greenma
I. H c. Gley 2. 6. Galligan. p A era
So a Mrs A. I. riggs. T. ! Graham G.
cy Holbrook ". !. Honeyman, r. ! Hou
ng han, W s Huber. T s. Houlihan
of D. Harris, Anna K. Hafner. Julie
eT Hafner. W r Hastedt. Caroline \
a. Hastedt W. +. HasteSt. Jr Edna
,SS Hasdet August II. Hastedt, Ha-
Greaves Joseph n. Harris. Charles Ho'
ard, Don Houehton. William =. TTart
py Mary F. Hartie. Mary Emily Hall, Fl
iP. Houston. Herbert NJ and Julie
Hitchon, c. J. IstlsNer. George L 7
. gals. E A. Jones' c. Y. James, Al
ID Jordan, Roy y. Judd. Mr. and Nj
ne James Johnson. Axel z. johnson. NJ
III Lille z. Judge. Mr.. and Mrs. Anthoi
tn ward Kirby. Eric Krouse Anthony Kr
penski, Jacob Krieg. W. F Lester Eb
on Learned. Jr.. Constance T. Learned.
on NJ. Lee. Fl. NJ. Lerou. Charles F. Lee. T
M, M, more Leseman. Harry Leseman. Ed
Iserou, Mrs c. F. Lane. Mr.. and NJ
i'd Charles Lasch, Joseph NJ Lain, T
he Murphy. ". E Manning. A. P Ma
g. ming, W. P Murphy. W. p. MeGar-
on Robert McNeely, James F. McCormi,
ne George IT. Moles Mrs. n. L. MacDou
ne aid, John F. Rlurtha. e Milton Mar
Of of. Archibald Mitcher 4th, Thomas
in. Mogaghan, Adelsrd NORM.
lic Vera Il Manning. ". J. Mcknight. 4
be $50, S-.e- -T-,s-,
py Manning, James J. Madden. 9. Rudoi
Nelson, Norwich Chamber OF Oommer
I'Artfur Newton. Minnie T. Noyes, 10,
Nelkin. Herman NJ Opitz. William
. Dat, Milton NJ. Osborn, Miss Marsal
Opitz, Miss Mary NJ B. OgSon. Jose
Ia Patrick O'Toole, Charles ". Pearson. c:
w Pearson George S. Powers, Dcniis p
lock. Joseph Panel, Dorothy Pearson. II
da Pearson Ralph w Patrick Regime