Henderson daily dispatch., 1937-05-19
B. & |. SILVER CUP
IS GIVEN Mr.. HUNT
Home Association Honors
Is Years of Service of
Only President

| A silver pitcher was presented to W.
A. Hunt as the gift of stockholders
and directors of the Home Building
and Loan Association Tuesday after
| noon in recognition of his service
without pay as president of the asso-
citation during an unbroken period of
70 years since the organization was
formed May II, 1912.
The presentation was made at the
close of the monthly meeting of the
board of directors in the offices OF
Joel T. Cheatham, secretary-treasur-
er of the association, and was by J.
H. Bridgers, one of the Oldest stock
holders in point of service in the
company.
At the annual meeting of the stock
holders last January the presentation
of the silver service was authorized.
Mr.. Bridgers was a member of the
committee to select the gift, being
named by the directors with r. G. S.
Davis and Mr. Cheatham.
Mr.. Hunt was elected president of
the association when it was formed
and has served continuously in that
capacity since. He has never missed
but one annual stockholders meeting,
being i'll in a hospital at that time.
Likewise he has missed but few di-
rectors' meetings during the period.
In his presentation address, Mr..
Bridgers attributed much of the sue
cess of the association to Mr.. Hunt,
emphasizing that the president had
always insisted on the ability of a
borrower to meet his payments as the
chief basis for extending financial
aid.
Mr.. Hunt responded in a brief ap-
probation of the remembrance, say
ing he had never sought or desired
compensation for his services, and
that it had been a pleasure to him to
be associated with the concern.
Engraved on the cup was an appro-
pirate wording commemorating the
silver anniversary both of the asso-
citation and of Mr.. Hunts service as
president.
Following is the presentation speech
of Mr. Bridgers in full:
"Mr. Hunt: Your fellow directors,
and the shareholders of the Home
Building and Loan Association have
deemed it privilege and duty to ex
press their appreciation of your
twenty-five years of service as pres
ident of the association without any
financial reward, on the silver jubilee
of the association in sterling silver, as
a proper exaluation of your sterling
character in this particular service,
as well as many other services rend-
cred to the community.
"YOu have seen to it that the af-
fairs of mutual building and loan
association have been conducted as
provided in the statute of it's organi-
zation, and that the bylaws made
hereunder have been observed at all
times, with the result that the assoc
citation has provided MANY loans, has
met many obligations, matured every
series on time, and in the strenuous
days of 1882 and 1888, when fear was
abroad, met Withdrawals in large
amounts, thereby demonstrating that
the home is the best security a bOr-
rover can offer.
your influence has been directed
to placing loans within the capacity of
the owner to meet the payments, there
by safeguarding both borrowers and
investors.
1--WE want you and Mrs Hunt to be
reminded from day to day, in the use
of this pitcher, of the esteem in
which you are held, and the value the
directors place upon your services,
and when in the course of time, it
shall become a precious heirloom to
be priced by your daughter, or maybe,
grace the cabin of an admiral"