Full text of Annual Report on the Building and Loan Associations of the State of California : August 31, 1914

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A N N U A L R EPO RT
on the

Building and Loan Associations
of the

State of California
by the

BUILDING AND LOAN COMMISSIONER
In accordance with an Act of the Legislature, approved April 5, 1911

to
His Excellency, HIRAM W. JOHNSON, Governor of the State of California

August 31, 1914

California
S tate P rinting Office
1914
1—12788







REPORT
OF THE

Bureau of Building and L oan Supervision
Office of the B uilding and L oan Commissioner,
S an F rancisco, August 31, 1914.
To His Excellency, H iram W. J ohnson,

Governor of California.

Sir : Pursuant to the requirements of section 5 of the Building and
Loan Commission Act, I have the honor to submit the Twenty-first
Annual Report of this department, relating to the condition of the
associations under its supervision for the fiscal year ended June BO,
1914.
The report for 1913 contained the tabulations of 93 associations. Of
these two have retired as the result of consolidation with others and one
has been summarily closed by the Commissioner. The first annual
reports of two associations appear in this issue, thus making a total
of 92 California associations with assets aggregating $29,515,762.57, and
an increase of $1,199,740.60 for the year.
The schedule of “ Changes in Assets and Liabilities” shows the dis
tribution of this increase, both as to assets and liabilities. The only
feature that can be classed as unfavorable being the increase in real
estate owned; this amounts to 23 pieces in number and $270,113.08 in
book value.
It is unfortunate that associations are compelled to acquire the
security pledged for loans, in an endeavor to protect themselves from
loss, but there really appears to be no other alternative. Apparently
the property acquired has a realization value equal to or in excess of
cost, but, should it not have, it is a satisfaction to know that the reserve
funds are ample to protect the shareholders.
The reserve and undivided profits of the 92 associations appears to
aggregate $1,194,235.26, a gain during the year of $163,037.75, to which
can be added the guarantee capital and surplus of the 18 associations
having such capital, amounting to $728,497.62.
The increase in assets, as above noted, appears to be divided among
those heretofore classed as “ Locals” and “ State” associations as fol
lows: To the locals, $662,273.26; to the state associations, $537,467.34.!
The number of members and investors show an increase of 1,674, and
now aggregate 39,485, with average investment, dues and accumu
lated earnings of $673.36 each.
The number of borrowers is reported as 19,094, an increase of 794,
thus making the average loan to each borrower $1,439.43.



4

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

The outstanding shares of all classes show a decrease of 1,050, while
the outstanding certificates show an increase of 7,498.
The number of loans made for building purposes were reported
as 2,059, a decrease of 998 as compared with 1913, thus making an
aggregate of sueh loans, reported since 1893, of 42,806.

STATUS OF ASSOCIATIONS,
Active roll June 30, 1913----------------------- _---------------------------------------------- 94
Consolidated—
Provident Mutual, Los Angeles, with the Fidelity, Los Angeles______
1
Closed by Commissioner—
Orange County Mutual, Santa Aha---------------------------------------------1
------ 2
Total active roll-------------------------------- ----------- ,--------------------------- 92
In liquidation—
Pacific Coast Savings------------------------------------------------- _.SanFrancisco.
Protective-------------------------------------------------.-Los Angeles.
San Diego.
State of California---------------Continental —------------------------------------------ -San Francisco,
Orange County Mutual----------------------------------Santa Ana.
Total in liquidation----------------------------------------------------------------- 5
Total roll, June 30, 1914-------------------.-------------------------------- -

97

The changes in assets, as well as in the total roll and number
reporting since 1905, are as follow s:
Total
roll

Tears
1906
1907
1908
1909

................. ........-.............................
___________ __________ ______
.........................................................
.........................................................
m o ..................................... ...................
m i .................................................... —
1912 ............................ ............................
1913 ........................................................
1914 .........................................................

131
125
120
120
113
105
107
98
97

Number
reporting
106
107
107
105
107
96
91

m

92

ASSETS AND LIABILITIES.
Assets.

Loans on mortgages and stock--------------------------------- .
Arrearages ----------------------------------------------------------Cash in office and bank--------------------------------------------Real estate owned-------------------------------- -----------------Furniture and fixtures--------------------------------------------Advances—personal accounts ----------------------------------Other a sse ts-------------------------------------- ------------------Total —------:----- --------------------------------—

Assets

Increase

$19,228,988 88
10,522,886 86
19,635,657 94
20,228,116 40
21,255,176 49
23,340,012 38
24,866371 07
28,316,021 97
29,515,762 57

m112,761
s,m i 98
08

892,488 46
1,027,000 09
2,084.835 89
1,526,559 59
3,449,450 00
1,199,740 60

$27,484,549
150348
864,759
741,808
S3),260
237,551
7,484

39
55
38
20
39
94
77

$29,515,762 57

Liabilities.

Guarantee stoc|:—capital --------------------------Guarantee stock—surplus --------------------------Installment shares—dues ------------- ------------Installment shares—profits ------------------------Paid-up and prepaid shares—capital------------Paid-up and prepaid shares—dividends----------Investment certificates—principal ---------------Investment certificates—dividends --------------Advance payments -------------------------------- Overdrafts and bills payable----------------------Reserve and undivided profits---------------------Loans due and incomplete--------------------------Sundry ledger accounts-----------------------------A ll other labilities ----------------------------------Total



$602,753
125,744
9,753,779
2,848346
4,119,018
265,407
8,672,713
200,875
41.442
1,137,550
1,194,235
354,461
145,542
53,392

23
39
39
77
63
26
86
12
32
43
26
61
14
16

$29,515,762 57

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

O

RECEIPTS AND DISBURSEMENTS.
Receipts.

$789,056 89
47,496 11
3,467,733 74
1,315,855
4,005,131
2,341,246
104,413
21,107
10,068
7,620,230
1,471,535
463,932
554,991

Balance last report------------------------------------------------------Guarantee stoek -------------------------------------------------------- Installment shares—dues ----------------- --------------------------Paid-up and prepaid shares—d u e s----------------------------------Investment certificates -------------------------------------------------Interest -------------------------------------- -----------------------------Premiums ------------------------------------------------------------------Fines _____________________________ ________________ —
Fees -------------------------------------------------------------------------Loans repaid -------------------------------------------------------------Overdrafts and bills payable------------------------------------------Advances repaid—personal accounts-------------------------------All other receipts-------------.-------------------------------------------

Total _________________________________________ - ______ - $22,212,800

Disbursements.

Overdrafts and bills payable---------------------------------------------------Loans on mortgages and shares------------------------------------------------Interest paid ---------------------------------Dividends on guarantee stock-------------------------------------------- —
Dues repaid—installment shares-------------------------------- :-------------Profits repaid—installment sh ares--------------------------------------------Paid-up and prepaid shares—capital-------------- --------------------------Paid-up and prepaid shares—dividends-------------------------------------Investment certificates—principal -------------------------------------------Investment certificates—-dividends --------Advances—personal accounts --------------------------------------------------Salaries ------------------------------------- .-------------------------------- -------Taxes ----------------------- ,---------------------------------------------------------Other expenses---------------------------------------------------------------------All other disbursements---------------------------------------------------------Balance—cash in office and bank----------------------------------------------

$1,489,907
9,075,184
99,296
80,905
3,115,528
843,836
1,009,089
233,711
3,064,749
458,435
561,413
189,909
85,601
184,013
856,455
864,759
$22,212,800 27

Total

CHANGES IN ASSETS AND LIABILITIES.
Assets.
Increase
T,onns nn m ortgages and stock
Arrearages
Clash in office and hank
Real estate—owned
■Pnrnltnre and fixtures
Advances—ledger accounts
Other assets

..............................

|

$725,629 18
5,632 80
66,478 55
270,113 08
157,101 54

Net increase

Decrease

$8,431 16
16,783 39

$1,199,740 60

Liabilities.
Guarantee stock—capital .
............
, .........
Guarantee stock—surplus _____________________ Installm ent shares—dues
... __ _......
......
Installm ent shares—profits ______________ ________
Paid-up and prepaid shares—capital_______________
Paid-up and prepaid shares—dividends.___________
Investment certificates—p rin cip al______________ _
Investm ent certificates—d iv id en d s___________ _
Advance payments ..........................................................
Overdrafts and hills payable...........
........... ,
Reserve and undivided profits
.............*
Loans due and incomplerte........
... .........................
Sundry ledger accounts
... .............................. . ....
All other liab ilities______________________________
Net increase




$53,067 76
2&102 33
415,861 20
55,948 36 —
226^304 08
25,678 59
787,123 54
30,627 03
163,037 75
79,398 23
$1,199,740 60

$5~l66~29
1,896 16
634,633 90
15,711 92

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

e

DISTRIBUTION OF ASSETS BY COUNTIES.
Counties

Associa
tions

Number
reporting

Assets

Alameda ....................
Butte ...........................
Fresno ___________
H u m b old t...................
Kern ---------- -------Los Angeles ............ .
Madera ----------------Marin ____________
Merced ____________
Napa ...........................
O r a n g e ______ _____
Placer ____________
Riverside -------------Sacramento ...........__
San B ern ard in o___
San Diego .................
San F ra n cisco _____
San Luis Obispo.......
San Joaquin .........—_
San Mateo .................
Santa Barbara ------Santa Olara _______
Santa O r u z ......... ......
Solano ____________
Sonoma .................—
Tulare .........................
Ventura .....................
Yolo .............................

7
1
1
1
2
12
1
3
1
1
3
1
2
1
4
3
22
2
3
2
2
7
1
2
2
3
1
1

7
1
1
1
2
12
1
3
1
1
3
1
2
1
4
3
22
2
3
2
2
7
1
2
2
3
1
1

$1,020,738 09
2,340 63
154,155 95
32,536 17
405,265 85
12,824,193 41
11,350 53
289,684 69
141,805 08
207,870 04
1,067,482 05
48,216 09
175,553 50
314,766 17
2,156,881 97
587,425 24
3,913,993 26
180,419 19
1,574,039 53
484,953 16
759,246 52
2,025,581 80
38,426 54
72,272 20
158,729 32
431,069 14
4061817 52
29,998 93

T otals ................—

62

92

$29,515,7© 57

Increase

Decrease

$7,608 35
1,490 07
________
4,539 85
________ _
351 61
$22,298 57 _____ ______
604,951 46 ________
11,350 53 _________ _ _
18,940 00
5,600 76
9,3® 21
157,418 13 __________ _
3,268 18 __________
___________
1,645 92
27,086 94
__________
159,436 75
_.__________
5,456 73
_ ______
20,785 59 _
$805 86 ______ _
85,910 97
13,092 86 ___________
52,7® 79 ________ ___
_____ ___ _
44,926 27
546 48
____________
9,725 34
8,248 97
_______ ____
526 95
33,480 73 _____ __,__
191 81 .................
$1,303,742 14

$104,001 54

STATISTICAL INFORMATION.
Number of members:
Male _________
Female -----------

18,494
10,501

IZ

Total -------Number of investors:
Male -------------Female ----------Total -------------------------------------------Number of borrowers----------------------------------Number of mortgage loans for year-----------------Number of stock loans for year----------------------Number of building loans for year-----------------Total number of building loans to date-----------Shares in force last report----------------------------Shares issued since last report-----------------------Shares cancelled since last report-------------------Shares in force this report----------------------------Investment certificates in force last report------Investment certificates issued since last re p o r tinvestment certificates cancelled since last report.
Investment certificates in force this report--------Number of associations owning real estate--------Number of associations not owning real estate—
Number of pieces of real estate owned-------------Book value of real estate owned---------------------Reserve and undivided profits-----------------------

Net Profits.
Net profits for y ea r-----------------------------------------Percentage of net profits to average loans in force.
Same percentage for 1913--------------------------------Percentage to average investment-------- --------------Same percentage for 1913----------------------------------


28,995

7,279
3,211
_____
10,490
_____
19,094
_____
4,316
_____
960
_____
2,059
_____
42,806
_____ 354,667
_____
63,850
_____
64,900
_____ 353,617
_____
61,898
_____
27,822
_____
20,324
_____
69,396
_____
41
_____
51
_____
158
$741,808.20
1,194,235.26
$1,955,700.09
___
7.309
___
6.880
___
7.611
___
7.609

I

REPOET ON BUILDING AND LOAN ASSOCIATIONS.
NEW LOANS, LOANS REPAID, ETC.

Number of new loans for year----------- ---------------------------------------------5,276
Amount of new loans for year---------------------------------------------------- $9,075,184.80
29.00
Percentage to all loans in force------------------------------------------ .------------Loans repaid--------------------------------------------------------------------------- 7,620,230.71
Percentage of all loans in force---------------------------------------------------------24.35
Percentage of new loans to loans in foree at close of year---------------------33.01
4-verage amount, in force, to each borrower---------------------------------$1,439.40

SALARIES, TAXES AND OTHER EXPENSES.
Amount

Percentage to
loans to force

Salaries paid ......... ............................................................
Taxes paid ------------------------------------------------------ Other expenses paid---------------------------------------------

$189,909 80
85,001 13
184,013 28

0.709
0.319
0.689

T o ta ls ..........................................................................................
Th« pp.rcentagp. for 1913 w as

$459,524 21

1.717
1.982

The element of taxes being a feature over which the associations
have no control, the expenses of operation for which the directors are
directly responsible are:
Salaries -----------------------------------------------------------------------------------------Other expenses ----- 1________________________________ ;_______________

0.709
0.689

Total _________________________________________________________
This percentage for 1913 was___________________ ._____________________

1.398
1.535

Under the laws of some of the eastern sta te the operating expenses,
exclusive of taxes, are limited to 2f per cent of the invested dues
capital. If these calculations are based upon that hypothesis the
result is as follows:
Percentage
to capital.

Salaries -----------------------------------------------------------------------------------------Other expenses -------------------------------------------------------------------------------

0.849
0.824

Or a to ta l_____________________________________________________

1.673

A result well within that lim it when taken as a whole, even though
some associations may have exceeded it slightly.

GROSS INCOME AND PERCENTAGE OF EXPENSES TO INCOME.
The gross income based on the average loans in force for the year
is made up as follows:
Net profits reported above-----------------------------------------------------------------Taxes p a id -------- _---------------------- — -------------------------------- ---------------Operating expenses__________________________________ _______________

7.309
0.319
1.398

Gross income to average loans------------------------------------------------------- 9.026
Ratio of operating expenses---------------------------------------------------------------- 15.488
In 1913 the gross income was 8.862, and the ratio of operating expenses was- 17.321

From the foregoing it will be noted that the gross income to the
average loans in force shows an increase of .166 per cent, and the
portion of the gross income applicable operating expenses appears to
have decreased 1.833 per cent as compared with the report for 1913.



8

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
ASSOCIATIONS HAVING A PAID-IN GUARANTEE CAPITAL.
Associations

Location

C«ntrn.1 ........ .....................
F q n itfth lA
Oorona M u tu a l-------------A ltn a
...............................

Bankers ____________ __
State M u tu a l---------------Southern C a lifo rn ia ------Orange ------------------------California S e c u r ity --------

M u tu a l
Hnnnfl R n ild n r s
H om ft TnvflHtmftnt

California H o m e -----------Home M u tu a l----------------Santa Cruz ____________
Security _____________ __
Vallejo _______ ________

N o r th e r n C a lifo r n ia

Alnm firta
B firlteley

Assets
$168,084
43,768
24,577
20,225

Corona’ ....... ....
Los Altos
Los A n g e le s__
mm
Los Angeles — 3,700j889
Los Angeles —
750,137
Orange ---------427,931
Pasadena ____
428,047
Pasadena ____
344,(11
374290
Pomona ______
Redlands ........
48&820
San Francisco— m m
San Francisco— 251,824
Santa C r u z ___
38,426
52,942
Stoekton _____
Vallejo ...........—
2,471
Woodland
29,996

T otal, 18 associations—
T otal, 17 associations, 1913

$7,806,22?
7,345,160

Gain for year__________

$461,067

Dividend Bate of
appor dividend
Capital
and
tioned to to in
stallment
surplus guarantee
capital shares
$19,598
14681
5,193
15,585
13,171
191,809
51,369
28,000
36,000
23,112
102,750
123,867
40,240
27,500
22,720
23,203
2,317
10,210

$1,261
924
651
1,031
50,033
4500
2,500
2.5Q0
3,112
9,682
9,702
3,704
5,000
1,623
222

7I
71%
71%
9%

n%
Si%
6%
8%

10
8
8
5
7
6
6
6

%
%
%
%
%
%
%
%

FOREIGN ASSOCIATIONS.

The first and only building and loan association formed under the
laws of any other state or territory to qualify in the manner required
by law and eater this State for the transaction of building and loan
business is the Western Loan and Building Company of Salt Lake
City, Utah.
Its first license was issued August 26, 1913, it having in the mean
time complied with all requirements of law, including the deposit of
securities of the amount and kind required by section 646 of the Civil
Code to be deposited with the State Treasurer for the protection of
citizens of this State who invest in its securities.
A condensed copy of its report as of December 31, 1913, appears
on the last page of the Appendix, but being mostly business in other
states, the figures are not included in the tabulations and conclusions
presented herein. Future reports will segregate the California busi
ness and that portion can then be included in the tabulations.
Several associations from other states have sought information as
to the requirements for entering this State for the transaction of busi
ness, but thus far all such have failed to qualify.
As the result of an investigation into the affairs of the Orange
County Mutual Building and Loan Association of Santa Ana, on
November 19th last, it was found that the secretary, N. A. Ulm, was
a defaulter in a large amount mainly through the issue of fraudulent
certificates of full paid stock to which the signature of the president



REPORT ON BUILDING AND LOAN ASSOCIATIONS.

9

had been forged, and by the forgery of president’s signature to notes
mid cheeks. The amount involved was finally determined to be about
$56,500. Immediately upon the discovery of the condition the Com
missioner closed the association and took possession of its books and
securities, and after a consultation with the directors appointed F. W.
Mansur as custodian and placed him in charge. The action of the
Commissioner was confirmed by the proper court and on December 6th
Mr. Mansur was appointed special deputy, since which time the liqui
dation has been progressing as speedily as circumstances would perm it;
being materially complicated by reason of the death of Mr. Ulm by
suicide and the destruction of records and papers of more or less value
for adjustment purposes.
In the matter of the “ Continental,” there has been no change since
the making of the last report. The appeal, if finally completed, has
not been heard and this office has no intimation as to how soon it will
be heard. In the mean time the Continental people are apparently
conducting the business of liquidating along their own lines, irrespec
tive of whether it is in accordance with law or otherwise. That they
are permitting withdrawals of shares of all classes there is little if
any question, also that they are paying the regular dividends to the
full paid shareholders while the installment shareholders have been
deprived of all such benefits or credits since January 1, 1912, there
is little if any question. As the matter now stands this office is power
less to act.
In the matter of the receiverships of the “ Protective” of Los Angeles
and “ State of California Mutual” of San Diego, the unconverted
assets are mainly in real estate which it has been deemed inadvisable
to force upon the market under conditions that have existed during
the past year.
C O N TR A C T COMPANIES.

This class of corporations, sometimes called co-operative home build
ing companies, are patterned very closely after the original “ National
Building and Loan Associations,” with all their most objectionable
features supplemented by others skillfully devised to hoodwink the
public for the special benefit of the promoters, by the use of contracts
having upward of twenty conditions, in lieu of shares of stock governed
by by-laws.
These contracts purport to be cumulative and to have a book value,
a loan value, a withdrawal value and a matured value, all of which are
features of a building and loan association. Their entrance fee is
invariably in excess of that allowed by the law of this State, and they
have an expense fund equal to or exceeding twenty per cent of the



10

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

periodical payments on the contracts to be deducted therefrom in direct
violation of law, besides which they have a forfeiture feature, also in
violation of law. Under the terms of these contracts the money accumu
lated from the periodical payments thereon is to be loaned to contract
holders only—another building and loan feature.
In effect this class of corporations, one and all, have features suffi
ciently similar to those of building and loan associations to make them
subject to the existing laws of this State, still because of the features
that violate the law they can not be licensed in this State.
They do not depend upon the legitimate earnings of their current
business to meet their expenses, but they assess this burden on the
investor in their contracts and make him the “ goat” under any and
every condition; and if the investor gets tired of waiting until “ the
loan is ready” and lapses in his payments, they forfeit the contract
and coolly appropriate the payments made.
Their big drawing card is “ Cheap money to loan”—usually at three
or five per cent per annum, but everybody knows or should know that
there is no money to loan in small amounts on real estate security at
either of those rates. Occasionally some one may be lucky and get a
small loan, but usually the borrower has to pay a premium for the
privilege of getting a loan, and the amount of that premium will
determine if he pays 4, 5, 9 or 10 per cent per annum for the net amount
of money he actually gets.
Taken as a whole these corporations are among the most plausible,
but unscrupulous frauds and fakes ever foisted upon the public; their
promises are many and flattering; but they never yet rose to the dignity
of dealing in fairness with the public. The laws should be amended
so as to effectually reach them and prevent their operation either direct
or through the United States mail.
A U D ITIN G .

Practically every association has what is known as an auditing com
mittee,—usually composed of three of the directors,—which is supposed
to annually, at least, make an examination of the books and accounts
of the secretary. In many of the associations this committee employs
an accountant or auditor to perform this work; an expense that is
amply justified under every circumstance, provided the accountant is
given unlimited authority, and the committee and the directors are
willing or intend to give heed to his criticisms and recommendations.
No work of this nature can be considered complete and of real value
unless the pass-books of the members and investors have been collected
and verified or a statement furnished to each, and to each borrower
as well, and the correctness verified by the signature of the member,
investor or borrower and returned directly to the auditor. Several of



REPORT ON BUILDING AND LOAN ASSOCIATIONS.

11

the associations have adopted this latter feature, and the reports of
their auditors have been placed at our disposal when making the annual
examinations. If the directors or the committee fail to employ an
auditor they should do the work themselves and make sure that it is
thorough, for if done in a slipshod manner it is worse than useless.
The directors of practically every association realise the value of
an efficient audit, still there are cases where it is neglected or performed
in a perfunctory manner. To remedy this condition wherever there
are indications of neglect that warrant such action, the commissioner
should be empowered to order that a complete audit be made at the
expense of the association, by an auditor to be selected by him, who
should report both to him and to the association. The fact that the
commissioner was vested with this power would cause directors to exer
cise more care regarding the matter of efficient audits thereby adding
to the efficiency and promoting the safety and popularity of their
associations.
In several of the eastern states their laws require that all officers
who have charge or possession of money or securities shall give a bond
for the faithful discharge of their duties before entering upon the per
formance thereof; said bond to be renewed at each re-election. In some
cases there is a further wise provision of requiring the directors to
be sworn and subscribe to an oath of office, said oaths together with the
bonds of the executive officers to be filed with the commissioner at the
time of filing the annual report, and it would be a wise departure from
previous practices if similar laws were added to the present code of
this State.
In the appendix that M lows, in the printed text, will be found the
annual reports of the several associations, in condensed form, together
with book and withdrawal values, at annual periods, of serial associa
tions; and the dues per share per month, the dividend rate and book
and withdrawal values of “ Dayton” plan associations arranged alphabetieaUy by cities and towns.
A ll of which is respectfully submitted.
GEO. S. WALKER, Commissioner.
J. L. FIELDS, Secretary.




12

REPOET ON BUILDING AND LOAN ASSOCIATIONS.

STATEMENT OF RECEIPTS ON ACCOUNT OF LICENSES
AND ASSESSMENTS FOR EXPENSES
Fiscal Year Ending June 30, 1914.
Associations
Central Loan A ssociation— . ___________________
Columbian Mutual Building and Loan A ssociation
Saving^, Loan and Building A ssociation________
Kern County Mutual Building and Loan Associa
tion ________________________________________
Peoples Mutual Building and Loan A ssociation__
Benicia Building and Loan A ssociation__„______
Equitable Building and Loan A ssociation-----------Sacramento Valley Mutual Building and Loan
A ssociation -------------------------------------------------Corona Mutual Building and Loan A ssociation..
Escondido Mutual Building and Loan Association
Fortune Building and Loan A ssociation-----------Mutual Building and Loan A ssociation__________
Livermore Mutual Building and Loan Association
A ltos Building and Loan A ssociation----------------Home Investment Building and Loan A ssociation.
M etropolitan Loan A ssociation_________________
Southern California Loan A ssociation--------------F id elity Savings and Loan A ssociation_________
State Mutual Building and Loan A ssociation------Provident Mutual Building and Loan AssociationBankers Guaranty-Loan C om p any_____________
Los Gatos Building and Loan A ssociation____ __
Mutual Building and Loan A ssociation-------------Madera Mutual Building and Loan A ssociation___
Mereed Mutual Building and Loan A ssociation___
Taxnalpais Mutual Building and Loan Association
Napa Building and Loan A ssociation____________
Newcastle Building and Loan A ssociation-----------Alameda County Loan A ssociation--------------------Cosm opolitan Mutual Building and Loan Associa
tion — _— ---------------------------------------------------Peoples Mutual Building and Loan A ssociation—
Orange Building and Loan A ssociation_________
P alo A lto Mutual Building and Loan A ssociation.
Pasadena Building and Loan A ssociation_______
Mutual Building and Loan A ssociation_________
California Security Loan Corporation----------------Paso Bobles Mutual Building and Loan Associa
tion —____ ___________________________________
Petaluma Mutual Loan A ssociation-------------------Pleasanton Mutual Building and Loan A ssociation
Mutual Building and Loan A ssociation--------------Home Builders Loan A ssociation..............................
Porterville Mutual Building and Loan A ssociation
San Mateo County Building and Loan Association
Home Investment A ssociation----------------------------Riverside County Mutual Building and Loan Asso
ciation —
Sacramento Building and Loan A ssociation-------Santa Pe Building and Loan A ssociation________
San Diego Building and Loan A ssociation_______
Silver Gate Building and Loan A ssociation--------Argonaut Mutual Building and Loan A ssociation.
Bay C ity Building and Loan A ssociation________
Bay View Building and Loan A ssociation________
California Mutual Savings Fund Loan and Build
ing A ssociation ______________________________
Citizens Building and Loan A ssociation_________
Empire Building and Loan A ssociation__________



Location

Amount

Alameda ---------Alameda _______
Anaheim _______

$42 41
31 41
26 80

Bakersfield ------Bakersfield ------B e n ic ia ------------Berkeley _______

46 72

mm

21 12

12 56

10 00
10 00

Chico ---------------C o r o n a ____ ____
Escondido —„—
Portuna ---------Fresno -------- -—
L iv e r m o r e _____
Los A l t o s _____ _
Los A n g e le s----Los A n g e le s___
Los A n g e le s___
Los A n g e le s----Los A n g e le s----Los A n g e le s___
Los A n g e le s ----Los G a to s--------Long B ea ch ____
M ad era________
Merced ________
Mill V a lle y _____
Napa __________
N ew ca stle--------O akland------------

79 00
218 87
978 60
1,040 75
505 64
18 81

O ak lan d ---------- Ontario _______
O r a n g e__-______
P alo A l t o ___
Pasadena ___
Pasadena ____ —
Pasadena ______

55 66
127 77
126 75
151 88
40 22
M 15
109 02

Paso R o b le s-----Petaluma ______
Pleasanton ____
P o m o n a ________
P o m o n a -----------P orterville -------Redwood C i t y __
R ed la n d s_______

10 00

10 00

10 00

43 41

10 00
10 00
19 m

10 00

27 m

10 00

40 64
14 75
59 50
13 18
133 52

12 88
12 00

164 50
112 74
22 45
102 81
137 02

Riverside _______
Sacram ento____
San Bernardino—
San D ie g o --------San D ie g o --------San Francisco
San Francisco —
San Franeiseo

43 84
80 66
241 52
90 83
78 87
17 58
18 21

San F ra n cisco __
San Franeiseo —
San Francisco —

12 39
145 58
18 51

10 00

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
Associations
Eureka Building and Loan A ssociation_________
Fairmount Loan A ssociation—_____ ____________
F id elity Building and Loan A ssociation________
Globe Mutual Building and Loan A ssociation.......
Home Mutual Deposit Loan A ssociation________
Mechanics Building and Loan A ssociation_______
Mission Home and Loan A ssociation____________
Occidental Loan A ssociation___________________
Pacific Loan A ssociation_______________________
Provident Mutual Loan A ssociation_______!_____
Progress Mutual Loan A ssociation_____________
Union Loan A ssociation________________________
Western Loan A ssociation_________ ____________
California Home Building-Loan Company......... —
Pacific States Savings and Loan Company______
Franklin Mutual Building and Loan A sso c ia tio n Nucleus Building and Loan A ssociation_________
Mutual Building and Loan A ssociation of San
Jose and O. P ----------- ------------------------------------San Jose Building and Loan A ssociation......... ......
San Luis Building and Loan A ssociation______ __
San Mateo Mutual Building and Loan A ssociation
Marin County Mutual Building and Loan Asso
ciation ........................................ ....................................
Home Mutual Building and Loan A ssociation____
Loan and Building A ssociation_____ ___________
Santa Barbara Mutual Building and Loan Asso
ciation ______________________________________
Santa Clara Building and Loan A ssociation____
Santa Cruz County Building and Loan A ssociation
Santa Paula Building and Loan A ssociation____
Santa Rosa Building and Loan A ssociation______
Sausalito Mutual Loan A ssociation............ ...... .......
San Joaquin Valley Building and Loan Associa
tion — ______________________________________
Stockton Land, Loan and Building A ssociation__
Security Building and Loan A ssociation_________
Tulare Building and Loan A ssociation____ _____
Magnolia Mutual Building and Loan A ssociation.
Vallejo Building and Loan A ssociation______ ____
Visalia Building and Loan A ssociation__________
Northern California Building and Loan Associa
tion ---------------------------------- . -------------------------Western Loan and Building Company___________

Location

13
Amount

$10 10
10 00

San
San
San
San
San
San
San
San
San
San
San
San
San
San
San
San
San

Francisco
Francisco _—
F ra n cisco __
Francisco
Franciseo —
Francisco
Francisco —
F ra n cisco __
F ra n cisco __
F ra n cisco __
Franciseo
F ra n eisco __
Francisco —
Francisco
F ra n cisco __
Franeisco —
Jose .............

27 45
177 18
323 40
56 54
54 10

San
San
San
San

Jose _______
J o s e _______
Luis Obispo.
M ateo._____

204 00
86 73
43 26
37 81

San R a fa e l_____
Santa Ana _____
Santa Barbara —

52 60
136 30
89 63

Santa Barbara —
Santa Clara _•__
Santa Cruz _____
Santa P a u la ___
Santa Rosa .........
Sausalito ______

115 70
83 11
11 60
111 65
34 56
15 66

Stockton .... .........
Stockton ..............
Stockton ..............
T u la r e _________
Upland —..............
Vallejo ________
V isalia .................

185 37
250 08

W ood land ______
Salt Lake C ity .._

10 00
10 00

44 55
32 22
75 19
27 50

10 00

25 40
14 22
55 37
23 06

10 00

10 00

11 13
83 80
10 00

96 18

T otal .................................... .... ........... .....
Two new licenses issued during the year.

$8,319 51

A g g reg a te................. ................................

$8,339 51

20 00

Deposited with S tate Treasurer:
January 19, 1914, Controller’s Receipt No. 1379.......... ................... $5,600 00
February 4, 1914, Controller’s Receipt No. 1496........................... 2,731 51
July 1,1914, Controller’s Receipt No. 3 ...___ .............. ........... ......
8 00
T otal ................................................................................................ $8,339 51

S ta te

of

C a l if o r n ia ,

ss.
City and County of San Francisco.
J. L. F ields , Secretary for the Building and Loan Commissioner, being first duly
sworn, deposes and says the foregoing is a correct statement of the receipts for the
fiscal year ended June 30, 1914, and of the disposition of same.
J. L. FIELDS.
Subscribed and sworn to before me this 31st day of August, 1914.
G eo. S. W alker ,
Commissioner.







A P P E N D IX

Detailed Statement o f the Condition
of the

Building and Loan Associations
of the

State o f California
As compiled from the reports to the Commissioner for the
fiscal year ending June 30, 1914.




Arranged Alphabetically by Cities and Towns




BUILDING AND LOAN ASSOCIATIONS
No. 1. ALAM ED A.

CENTRAL LOAN ASSOCIATION.
L.

A.

R hodes,

(Incorporated July 26, 1909.)

Secretary.

No. of series, none.

F.

Fiscal year ended June 30, 1914.
No. of members and investors, 173.

Assets.
30
83
76
00

$168,084 89

No. of shares, 4,886.

Guarantee stock, capital- — $15,554 00
4,039 05
Guarantee stock, surplus----87,866 28
Installment shares, dues8,807 30
Installment shares, profits—
Investment certificates, principal — ----------- ---------- 31,050 00
Investment certificates, divi1,822 41
dends ---------------------------1,000 00
Overdrafts and bills payable13,356 58
Loans due and incomplete—
1,580 33
Sundry ledger accounts _ —
All other liabilities, dividends
3,008 94
unpaid -----------------------Total liabilities______

Overdrafts and bills payable- $19,000 00
Loans on mortgages and
shares — -------- ---------- 45,214 10
289 08
Interest paid — — -------812 44
Dividends on guarantee stoek
Dues
repaid,
installment
18,499 31
shares-------------------------Profits repaid, installment
760 06
shares _____ ______ __ _
1,368 79
174 37 Investment certificates, prin
13,750 00
cipal —
Investment certificates, divi2,192 59
— ----------d en d s_
Advances, personal accounts760 06
Salaries ____ ___ ______
110 00
T a x e s-------- •-------------------150 78
490 38
Other expenses----------------All other disbursements, office
982 94
fixtures ;------ ------- ------Balance, cash in office and
b a n k ------- ---------------969 76

$1,126
792
42,507
3,300
10,075
32,853
13,000

97
60
22
00
77
24
00

Total receipts-------- ------ $104,590 23

Total disbursements------- $104,590 23

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, § per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.
2—12788




$168,084 89

Disbursements for Fiscal Year.

Receipts for Fiscal Year.
Balance from last report----Guarantee stock ----------- --Installment shares, dues ——
Investment certificates
Interest
----------------------Loans repaid----------------- --Overdrafts and bills payableAdvances repaid, personal aecounts --------------- --------All other receipts— -------- ---

President

Liabilities.

Loans—On mortgages, $135,192.10; on definite contract,
130,000.20 _____________ $165,192
Arrearages, on in terest-----1,072
969
Gash in bank-------------------850
Furniture and fixtures--------

Total assets--------------

N. D elanoy ,

18

REPORT ON BUILDING AND LOAN ASSOCIATIONS,
No. 2. ALAM EDA.

COLUMBIAN MUTUAL BUILDING AND LOAN ASSOCIATION.
R. R. R ead, Secretary.
No. of series, 21.

incorporated July 18, 1893.)

J as . K. L yhcsh, President.
Fiscal year ended July 31, 1913.
No. of members and investors, 208. No. of shares, 2,221.

Assets.

Liabilities.

Loans on mortgages and
shares --------------------------$101,136 64
Arrearages—
On shares —
$874 80
On interest— .
1,118 20
On f in e s ----16 20
-------------------2,000 20
Cash in office and bank___,
5,214 02
Furniture and fixtures------100 00
Advances, personal accounts
1,082 34

Installment shares, dues—__ $70,723 20
Installment shares, profits_ 14,478 72
4,521 42
Advance paym ents----------Overdrafts and bills payable- 13,154 89
Reserve and undivided profits
2,687 02
Loans due and incomplete—
3,976 95

Total a sse ts----------------$100,542 20

Total liab ilities_______ $109,542 20

Receipts for Fiscal Year.
Balance from last report----Installment shares—dues—
In terest-------------------------F in e s ___________________
F e e s ------------------------------Loans, repaid-------1---------Overdrafts and bills payableAdvances repaid, personal
accounts ---------------------All other receipts_________

Disbursements for Fiscal Year.

$6,774
20,869
8,099
157
2
48,174
12,714

04
12
65
49
50
62
94

Overdrafts and bills payable $17,599 37
L o a n s o n mortgages and
shares ----------- ---------—
51,459 41
Interest p a id ------------------1,224 14
Dues
repaid, installment
shares ________________
15,5fMJ 71
Profits repaid, installment
shares ------------------------3,654 62
451 67
169 70 Advances, personal accounts
1,262 00
3 17 Salaries ________________
Taxes __________________
53 62
Other expenses__________
482 67
Balance, cash in office and
b a n k __________________
5,214 02

Total receipts-------------- $96,965 23

Serial
No.

Total disbursements-------$96,965 23

Installment Shares, With Age, Value, and Withdrawal Value.

28_ - _____________________________
—
31____ ___________________
33___ ____________________________
35____ ___________________________
3 7 ___ _______ __________________
39___ ____________________________
41____ _ ________________________
43____ ___________________________
45__ _______ __________________
47___ ______________ __________




A«e to
months.
126
108
96
84
72
60
48
36
24
12

Total dues
per share.

$126
108
96
84
72
60
48
36
24
12

00
00
00
00
00
00
00
00
00
00

Boot value
per share.

$174
142
122
104
86
69
54

81
72
90
16
51
87
20

3 9 44
25 5 0

12 38

Withdrawal
value.
$169
139
120
102

93
25
27
15

68
53
39
25
12

88
58
10
35
34

85 06

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

19

No. 3. AN AH EIM .

SAVINGS, LOAN AND BUILDING ASSOCIATION.
(Incorporated January 8, 1889.)
F eed A. B acks , J b., Secretary.
N. F. S teadman , President,
Fiscal year ended April SO, 1914.
No. of series, 11.
No. of members and Investors, 1S6. No. of shares, 2,202.
Liabilities.

Assets.

Installment shares, dues___ $60,048 00
Loans on mortgages and
shares ________________ $96,657 00 Installment shares, profits__ 18,989 49
Advance paym ents----------100 50
Arrearages—
Overdrafts and bills payable- 19,700 00
On shares — ___ $711 00
Reserve and undivided profits
8 68
On interest------- 189 55
On fines_______
24 35
924 90
Cash in office and bank------1,264 77
Total a sse ts__________

$98,846 67

Total liabilities-----------

Receipts for Fiscal Year,
Balance from last report----Installment shares, dues----Interest -------------------------F in e s ___________________
F e e s ------------------------------Loans repaid----------- :------Overdrafts and bills payable-

Disbursements for Fiscal Year.
$483
13,330
7,079
24
14
11,400
10,000

07
00
46
55
50
00
00

Total receip ts------------- $42,331 58

Serial
No.

Overdrafts and bills payableLoans on mortgages and
shares ------------------------Interest p a id ____________
Dues
repaid,
installment
shares ________________
Profits repaid, installment
shares ________________
Salaries ------------------------Other expenses---------------Balance, cash in office and
bank --------------------------Total disbursements____

Installment Shares, With Age, Value, and Withdrawal Value.

16_________________________________
1 7 ________________________________
18________________ ______________
19_________________________________
20_________________________________
21_________________________________
2 2 _________________________________
23_________________________________
24______
25_________________________________




$98,846 67

Age In

months.
120
108
96
84
72
60
48
36
12

Total dues
per share.
$60
54
48
42
36
30
24
18
12
6

00
00
00
00
00
00
00
00
00
00

Book
value
per share.
$89
77
66
55
45
36
28
20
13
6

60
35
03
45
63
56
15
30
01
26

$5,000 00
19,459 30
1,253 70
9,983 50
4,768 56
420 00
181 75
1,264 77
$42,331 58

Withdrawal
value.
$85
72
61
51

16
68
52
35

33
26
18
12
6

93
07
92
20
08

42 25

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

20

No. 4. BAKER SFIELD.

KERN COUNTY MUTUAL BUILDING AND LOAN ASSOCIATION.
C rites ,

No. of series, none.

(Incorporated July 29, 1901.)

J. F. D ugan , President
Fiscal year ended December 31, 1913.
No. of members and investors, 445. No. of shares, 10,118.

Secretary.

Assets.

Liabilities.

Loans on mortgages and
shares__________________$256,068 50
Arrearages—
On interest-------$2,258 26
On fines----------147 70
— — ---2,405 96
Furniture and fixtures----60 50
Advances, personal accounts801 92

Installment shares, d ues___ $155,330
Installment shares, profits—
41,930
Paid-up and prepaid shares,
ca p ita l------------------------- 38,150
Overdrafts and bill payable_ 12,971
Reserve and undivided profits
8,494
Loans due and incomplete__
1,959

Total assets----------------- $258,836 88

Total liabilities________ $258,836

Receipts for Fiscal Year.

Disbursements for Fiscal Year.

Balance from last report----- $3,870 08 Overdrafts and bills payable. $38,500
Installment shares, d ues----- 104,074 12 Loans on mortgages and
Paid-up and prepaid shares,
shares-------------------------97,171
10,700 00 Interest paid-------------------992
d u e s _____ ____________
In terest_________________
23,406 55 Dues
repaid,
installment
Fines ___________________
61 41
shares--------------------------- 70,781
Loans repaid-------------------57,750 00 Profits repaid, installment
Overdrafts and bill payable— 30,471 58
shares--------------------------8,107
Advances repaid, personal ac
Paid-up and prepaid shares,
ca p ita l___ ____________
9,400
counts _________________
51 60
All other receipts-------------88 32 Paid-up and prepaid shares,
dividends---------------------2,443
Advances, personal accounts.
187
Salaries _________________
1,892
T a x e s_____________
304
Other expenses----------------693
Total receipts-------------- $230,473 66

Total disbursements____ $230,473 66

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues. 50 cents per share per month.
Dividend, last fiscal year, 10 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




I 881 i^S8 88

S.

K8S38 8 8 3 S3 8

A rthur

21

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 5. BAKER SFIELD.

PEOPLE’S MUTUAL BUILDING AND LOAN ASSOCIATION.
E. W.

S piers ,

(Incorporated January 27, 1892.)
Secretary.

W m. S.

Fiscal year ended January 31, 1914.
No. of members and investors, 131.

No. of series, 13.

T evis , President

No. of shares, 2,709.

Liabilities.

Assets.
00
90
07
00

Installment shares, dues----- $51,262 80
Installment shares, profits — 13,404 53
Paid-up and prepaid shares,
ca p ita l------------------------- 63,000 00
Overdrafts and bills payable
3.500 00
Reserve and undivided profits 11,761 64
3.500 00
Loans due and incomplete—

Total a sse ts---------------- $146,428 97

Total liabilities_______ $146,428 97

Loans on mortgages and
shares ------------------------- $145,100
201
Arrearages, on shares-------1,095
Cash in office and bank----82
Advances, personal accounts

Disbursements for Fiscal Year.

Receipts for Fiscal Year.
Balance from last report__
Installment shares, dues----Paid up and prepaid shares,
d u e s __________________
Interest _________________
Prem ium s----------------------F in e s ___________________
F e e s _________________ ___
Loans repaid ____________
Overdrafts and bills payable
Advances repaid, personal
accounts ______________

$616 33 Overdrafts and bills payable $31,500 00
17,357 40 Loans on mortgages and
shares _________________
35,910 50
2,800 00 Interest p a id ------------------719 02
15,746 39 Dues
repaid, installment
13,094 10
45 00
shares _________________
135 60 Profits repaid, installment
shares ------------------------2 00
3,090 78
49,425 00 Paid-up and prepaid shares,
ca p ita l------------------------- 18,800 00
26,000 00
Paid-up and prepaid shares,
88 01
dividends______________
4,408 50
Advances, personal accounts
92 01
Salaries ________________
1,645 00
T a x es___________________
1,483 50
Other expenses----------------377 25
Balance, cash in office and
bank__________________
1,095 07
-

Total receip ts________ $112,215 73

Serial
No.
a ~T5~~ ~

Total disbursements___ $112,215 73

Installment Shares, With Age, Value, and Withdrawal Value.

16_______________________________
17__________________________ ,.____
18_______________________________
20____________________ ;__________
22____ ___________ ,__________ ___
24_____________ ._________ ________
26_______________________________
B - 1_______________________________ :




Age In
months.

96
84
72
60
48
36
24
12
12

Total dues
per share.

$57 60
50 40
43 20
36 00
28 80
21 60
14 40
7 20
12 00

Book value
per share.

$88 96
73 92
60 08
47 44
35 94
25 50
16 08
7 62
12 72

Withdrawal
value.

$88 00
72 00
55 50
43 50
33 00
23 00
15 00
7 20
12 00

22

REPORT ON BUILDING AND LOAN ASSOCIATIONS,
No. 6. BENICIA.

BENICIA BUILDING AND LOAN ASSOCIATION.
H. K.

W h ite ,

(Incorporated January 11, 1883.)

G ustav G nauck ,

Secretary.

Fiscal year ended January 31, 1914.
No. of members and investors, 79.

No. of series, 21.

No. of shares, 451.

Liabilities.

Assets.
Loans on mortgages and
shares ------------------------- $48,221 25
Arrearages—
On shares
$9,011 00
On interest
3,905 00
--------------- 12,916 60
Gash in office and bank____
1,441 13
6,026 37
Real esta te______________
Furniture and fixtures____
154 44
Advances, personal accounts
1,040 46
Total a sse ts---------------- $69,800 25

Installment shares, dues —
$39,702 00
Installment shares, profits_
7,107 64
Advance paym ents----------14 40
Reserve and undivided profits
1,038 24
Sundry ledger accounts----- 18,142 44
All other liabilities, unearned
premium ---------------------3,795 53

Total liabilities_______

Receipts for Fiscal Year.
Balance from last report----Installment shares, dues----Interest -------------*.---------Loans repaid------------------All other receipts________

$2,726
4,054
2,055
5,440
60

$69,800 25

Disbursements for Fiscal Year.
42
(X)
60
00
69

Total receip ts------------- $14,336 71

Overdrafts and billspayable $1,500
Interest p a id ------------------224
Dues
repaid,
installment
shares ------------------------5,475
Profits repaid, installment
shares ------------------------1,018
Advances, personalaccounts
3,546
S alaries_________________
600
T axes___________________
394
55
Other expenses__________
All other disbursements___
81
Balance, cash in office and
bank__________________
1,441

30__________________ ______________
32____________ •___________ _______ ____
34__________________ ______________

3 6 __________ ___________ _________________
40__________________ ________________
42_________________ — .__________________
44__________________ __________________

46__________________ ______________

00
02
00
51
60
00
35
50
60
13

Total disbursements----- $14,336 71

Installment Shares, With Age, Value, and Withdrawal Value.

Serial
No.
2 8 ________________________ _____________




President.

Age In
months.
120
108
96
84
72

48

36
24
12

Total dues
per share.

$120
108
96
84
72
48
36
24
12

00
00
00
00
00
00
00
00
00

Booh value
per share.

$143
124
109
93
78
51
37
25
12

46
47
06

58

87
25
83
02
19

Withdrawal
value.
$131 0 0

116 28
101 97
88 14

74 88

49
36
24
12

18
56
19
00

23

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 7. B ER K ELEY.

EQUITABLE BUILDING AND LOAN ASSOCIATION.
(Incorporated December 7, 1908.)

A. J. B radford , Secretary.

Fiscal year ended March 31, 1914.
No. of members and investors, 127.

No. of series, 20.

79

21
45
25
90
52

Total a sse ts---------------- $43,768 12

Guarantee stock, ca p ita l__ $15,400 00
Guarantee stock, surplus —
231 00
Installment shares, d ues___
8,534 00
Installment shares, profits_
884 03
Paid-up and prepaid shares,
9,600 00
capital
_ _ — _
Paid-up and prepaid shares,
144 00
dividends________ ______
Investment certificates, princip a l---------------------------2,129 45
Investment certificates, dividends _________________
147 04
Advance paym ents______
220 65
Overdrafts and bills payable
4,000 00
Reserve and undivided profits
124 55
Loans due and incomplete_
2,363 40
Total liabilities _

Serial
No.

____

$602 74 Overdrafts and bills payable1,200 00 Loans on mortgages and
shares _____ __________
3,159 91
Interest p a id ___________ _
3,000 00 Dividends on guarantee stock
1,301 55 Dues
repaid,
installment
3,172 19
shares ___ _________
7 18 Profits repaid, installment
111 00
shares __________ _____
6,261 99 Paid-up and prepaid shares,
cap ital____ ___ ______
72 41 Paid-up and prepaid shares,
dividends_____ ________
208 29
Investment certificates, prin
cipal ___________ __ _ _
Investment certificates, divid en d s__ ____ _ ___ __
Advances, personal accounts
Salaries__________ _______
Other expenses ________ __
All other disbursements, real
e sta te_____ _________ _
Balance, eash in office and
bank______ _______ _ _
$19,097 26

1-------------------------------------------------5-------------------------------------------------0----------------------------------.---------------13-------------------------------------------------17--------------------------------------------------

$4,500 00
2,741 31
331 08
906 00
956 55
36 22
700 00
492 91
4,197 75
190
63
502
557

29
90
00
71

1,301 09
1,620 45

Total disbursements----- $19,097 26

Installment Shares, With Age, Value, and Withdrawal Value.




$43,768 12

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Total receipts_________

No. of shares, 1,044.

Liabilities.

Assets.
Loans on mortgages and
shares ----------------------- $37,839
Arrearages—
On shares —
$700 85
On interest —
353 31
On f in e s ----34 05
1,088
1,620
Cash in office and bank ----2,852
Real estate — -------------- --361
Furniture and fixtures------5
Advances, personal accounts.

Balance from last report----Guarantee s to c k -------- ----Installment shares, dues----Paid-up and prepaid shares,
dues --------- _ — _ —
Investment certificates ----Interest — ___ _____ ____
F in e s -------------------------- --F e e s ------------------ — —
Loans repaid__________ —
Advances repaid, personal
accounts_____ _________
All other receipts____ ___

E. E. K e y e s , President.

Age in
months.
60
48
36
24
12

Total dues
per share.

|3 0 00
24 00
18 00
12 00
6 00

Book value
per share.

|3 5 36
27 30
19 86
12 83
6 24

Withdrawal
value.
Dues, plus
6 per cent
for average
time.

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

24

No. 8. CHICO.

SACRAMENTO VALLEY MUTUAL BUILDING AND LOAN
ASSOCIATION.
(Incorporated October 4, 1911.)
M astebson , Secretary.
Geo. E. Vapney , President.
Fiscal year ended June 30, 1914.
No. of series, none.
No. of members and Investors, 14.
No. of shares, 72.
I. A.

Liabilities.

Assets.
Loans, on definite contract—
Cash—
In office------$19 83
In bank____
516 08
Furniture and fixtures____
Other a s s e ts --------------- —

Total assets ______

$1,366 55 Installment shares, dues___
Paid-up and prepaid stares,
capital — — -------------- Paid-up and prepaid stares,
535 91
dividends_____________
107 36 Investment certificates, prin330 81
cip a l______ _____— ___ _
Investment certificates, dividends _____________ ____
$2,340 63

Receipts for Fiscal Year.
Balance from last report----Installment shares, dues----Paid-up and prepaid stares,
d u e s ---------------------------Investment certificates ___
In terest-------- ----------- —
Loans repaid -----------------

Total receipts _ _ _ _ ----

Total liabilities______

800 00
21 00
517 40
27 23
$2,340 63

Disbursements for Fiscal Year.
$987 48 Loans on mortgages and
833 00
shares_________________
Dues
repaid,
installment
100 00
shares_________ ___ ___
608 70 Paid-up and prepaid shares,
218 78
ca p ita l____ ______ _____
1,597 95 Paid-up and prepaid shares,
dividends__ ______ —
Investment certificates, prin
cipal ---------------------------Investment certificates, dividends ----------------- --------Other expenses__________
Balance, cash in office and
bank ----------------------------

$4,345 91

Total disbursements-----

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues. $1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal valne, same as book value.




$975 00

$600 00
2,430 00
200 00
54 00
419 00
21 00
86 00
535 91
$4,345 91

25

REPORT ON BUILDING AND LOAN ASSOCIATIONS,
No. 9. CORONA.

CORONA MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated October 2, 1905.)
No. of series, none.

Fiscal year ended October 2, 1913.
No. of members and investors, 118.

A. J. W abr, President.

No. of shares, 531.

Assets.
Liabilities.
Loans on mortgages and
Guarantee stock, capitals__
shares ________ ___—
$24,529 35 Guarantee stock, surplus___
Cash in office and bank ____
8 80 Installment shares, dues----All other a sse ts__________
38 95 Installment shares, profits_
Investment certificates, princip a l------------- — ____
Investment certificates, divid en d s-------------------------Overdrafts and bills payable.
Reserve and undivided profits
Loans due and incomplete__
$24,577 10

Receipts for Fiscal Year.
Installment shares, dues----- $2,848
Investment certificates____
5,468
In terest-------------------------2,251
Fines — ----------- — ------53
Loans repaid ------------------6,226
Overdrafts and bills payable 10,380
All other receipts_______
110

Total receip ts________

63
88
31
57
58
00
00

$27,338 98

Total liabilities__ ____




7,838 10
483
1,850
49
621

17
00
86
55

$24,577 10

Disbursements for Fiscal Year.
Overdrafts and bills payable $13,041 15
Loans on mortgages and
shares ________________
4,246 46
Interest p a id _____ ____
316 99
Dividends on guarantee stock
600 00
Dues
repaid, installment
shares_______ _ _____
2,952 37
Profits repaid, installment
shares — __ ______ ___
521 89
Investment certificates, principal ______
_ _
4,676 67
Investment certificates, divid en ds-------------------------435 34
Salaries ----- ----------- ------420 00
T axes______ ___ _______
31 00
Other expenses___ _____ __
88 31
Balance, cash in office and
bank
_______
____
8 80
Total disbursements — _ $27,338 98

Installment Shares. With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 7J per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.

00
30
27
85

3 8 5 s$& £ i

Total a sse ts_________

$5,000
193
6,904
1,636

g

J ohn P. Key, Secretary.

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

26

No. 10. ESCONDIDO.

ESCONDIDO MUTUAL BUILDING AND LOAN ASSOCIATION.
(Reincorporated December 20, 1913.)

F. 6 . B aldridge , Secretary.

No. of series, 13.

W. H, B aldridge , President

Fiscal year ended February 28, 1914.
No. of members and investors, 54.

Assets.
Loans on mortgages and
shares _ -------------$21,800
Arrearages—
On shares —
$10 00
On interest__
6 68
On premium _
1 00
On fines __
90
18
Cash in office and bank.
2,091
Furniture and fixtures .
80
Total assets ___ __

Total receip ts____

Serial

Liabilities.
Installment shares, due®__ $16,632 00
00 Installment shares, profits—
3,411 68
Paid-up matured shares, eapital -------------------- ---- —
3,549 10
Paid-up matured shares, dividends _ ----------------------104 65
Advance payments_______
170 00
123 56
58 Reserve and undivided profits
85
56

$23,990 99

Receipts for Fiscal Year.
Balanee from last report----Installment shares, dues ___
In terest----- -------,—
Premiums ___________
F in e s _______ _____
F e e s -----------------------Loans repaid __ —
Overdrafts and bills payable
All other receipts------

$820
5,471
1,767
261
10
14
5,040
1,150

No, of shares, 474.

09
00
07
30
75
45
00
00
69

$14,535 35

Total liabilities________

Disbursements for Fiscal Year.
Overdrafts and bills payable $1,150 00
Loans on mortgages and
shares______ _____ ____
6,640 00
Interest paid _ — ----- —
10 50
Dues
repaid,
installment
s h a r e s ______ _ _____
3,235 00
Profits repaid, installment
908 02
shares ------------------------Paid-up and prepaid shares,
dividends ----------------- --206 53
Salaries_________________
184 00
Taxes ------------ ---------------42 00
Other expenses ______ ____
67 45
Balance, cash in office and
bank -------------------------2,091 85
Total disbursements___

Installment Shares, With Age, Value, and Withdrawal Value.

No.

24 _______________________________
25 _______________________________
27_________________________________
29_________________________________
31_________________________________
33_________________________________
35_________________________________




$23,990 99

Age in
months.
78
72
60
48
36
24
12

Total dues
per share.
$78
72
60
48
36
24
12

00
00
00
00
00
00
00

Book value
per share.
$107
96
76
58
41
26
12

64
71
65
30
56
39
55

$14,535 35

Withdrawal
value.

$100 23
90 53
72 49
55 72
40 17
25 79
12 41

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

27

No. 11. FO R TU N A.

FORTUNA BUILDING AND LOAN ASSOCIATION.
(Incorporated April 80, 1889.)

C. A. F r ie d e n b a c h , Secretary.

No. of series, 13.
Assets.

Loans, on mortgages______
Arrearages—
On shares —
$515 50
On interest „
269 50
On f in e s ----16 75
Cash, in b a n k -----Total a sse ts___

$31,300 00
801 75
434 42
$32,536 17

Receipts for Fiscal Year.
Balance from last report___
Installment shares, d ues___
In terest____ _____
Fines ____________
F e e s _________ —
Loans repaid —
All other receipts

Total receipts

Serial
No.

H. T. N a t w ic k , President.

Fiscal year ended May 30, 1914.
No. of members and investors, 81.

$220 37
7,660 50
2,464 40
35 15
14 40
6,100 00
42 09

$16,536 91

No. of shares, 645.

Liabilities.
Installment shares, dues___
Installment shares, profits —
Reserve and undivided profits

Total liabilities____ —




$32,536 17

Disbursements for Fiscal Year.
Loans on mortgages and
shares _______ _____—
Interest paid — ------------Dues
repaid,
installment
shares —---------------------Profits repaid,, installment
shares______ __________
Salaries___ ________ _____
T a x e s----------------------------Other expenses _________
Balance, cash in office and
bank _ ______________
Total disbursements -----

Installment Shares, With Age, Value, and Withdrawal Value.

88_________________________________
40_________________________________
42_________________________________
44_________________________________
46_________________________________
48_________________________________

$26,880 00
4,935 45
720 72

Age In
months.
72
60
48
36
24
12

Total dues
per share.

$72

60
48
36
24
12

00
00
00
00
00
00

Book value
per share.
$89
72
55
40
25
12

90
28
74
33
91
49

$5,200 00
90 13
8,417 00
2,130 31
180 00
50 00
35 05
434 42
$16,536 91
Withdrawal
value.

$87 66
70 70
53 80
38 70
24 95
12 49

REPORT ON BUILDING AND LOAN ASSOCIATIONS,
No. 12. FRESNO.

MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated March 17, 1892.)
W ick W. P absons , Secretary.
W. T. M attingi,*; President.
Fiscal year ended February 28, 1914.
No. of series, 20.
No. of members and investors, 185. No. of shares, 2,826.
Assets.

Liabilities.

Loans on mortgages and
Installment stores, dues___ $78,926 40
sto res__________________ $143,561 34 Installment stores, profits_ 32,215 72
Overdrafts and bills payable 37,500 00
Arrearages—
On s to r e s
$62 00
Reserve and undivided profits
3,464 02
Loans due and incomplete---2,049 81
On interest
890 35
---------------------------- 95235
9,642 26
Cash in offiee and bank—___
Total assets — ---------- $154,155 95

Receipts for Fiscal Year.
Balance from last report----Installment stores, d u e s__
Interest — — -------- —
Fines — — -------------- —
Fees ----------------------------Loans repaid ____________
Overdrafts and bills payable

$7,482
17,793
14,989
52
10
52,240
30,000

19
20
21
34
00
32
00

Total liabilities_______ $154,155 95
'

Disbursements for Fiscal Year.
Overdrafts and bills payable $32,500 00
Loans on mortgages and
stores ------------------------- 56,816 08
Interest paid — ___ ___
3,272 52
Dues
repaid, installment
stores — ---------------------- 10,856 40
Profits repaid, installment
7,195 44
stores ----------- — — —
S alaries___ .__ __ _____
1,020 00
Taxes ______ ___________
1,112 46
152 10
Other expenses___________
Balance, cash in office and
9,642 26
bank-------------------- -------

Total receipts___ ____ $122,567 26

Total disbursements____ $122,567 26

Installment Shares, With Age,
Serial
No.
25--------- ___________________ ___
27______ . _ __ _____________ __
29______ __________________________
31______ ________.._________ ____
33______ __________________________
35______ __________________________
37______ __________________ ____
39______ __________________________
41______ __________ ____________
43______ __________________________

Value, and Withdrawal Value.
Age In Total
dues Book
value Withdrawal
value.
months.
per share.
per share.
120 $120 00 $207 62 $207 62
108
177 20
108 00
177 20
96
96 00
149 51
149 51
84
84 00
124 13
124 13
72 00
72
100 79
100 79
60
60 00
79 57
79 57
48
48 00
60 19
60 19
36
36 00
42 62
42 62
24
24 00
26 85
26 85
12
12 00
12 71
12 71




REPORT ON BUILDING AND LOAN ASSOCIATIONS.

29

No. 13. LIVERMORE.

LIVERMORE MUTUAL BUILDING AND LOAN ASSOCIATION.
C. F. W ente ,

(Incorporated September 19, 1906.)
Secretary-

No. of series, 8.

J. O.

Fiscal year ended September 30, 1913.
No. of members and investors, 43.

Assets.
Loans on mortgages and
shares_____ _______ ___
Arrearages, on shares______
Cash in office and bank____
Total assets____ _____

Liabilities.

$17,100 00
30 00
3,756 88
$20,886 88

Total liabilities

Total receipts — _____

Serial
No.
1
2
3
4
5
6
7
8

$7,845 63
4,405 00
1,577 05
48 00
10 15
5 70
2,250 00
11 50

$16,153 03

----------




$17,250 00
3,221 11
19 20
396 57
$20,886 88

Disbursements for Fiscal Year.
Loans on mortgages and
sh a r e s _— ------------- —
Dues repaid, installment
shares _________________
Profits repaid, installment
shares -------- — j.----Salaries ----------------- —
T a x e s----------------- ------- --Other expenses ----------------All other disbursements----Balance, cash in office and
bank -------------- — —
Total disbursements-------

Installment Shares, With Age, Value, and Withdrawal Value.
_______________________________
___
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________
_______________________________

President.

No. of shares, 347.

Installment shares, dues —
Installment shares, profits —
Advance payments ----- --- _
Reserve and undivided profits

Receipts for Fiscal Year.
Balance from last report___
Installment shares, dues___
In terest__ ________ ___ _
Prem ium s______ ________
F in e s ___ ___ _________
Fees
___ ______ __ __
Loans repaid — ________
All other r e c e ip ts______

M cK own ,

Age in
months.
84
78
72
66
48
36
30
12

Total dues
per share.
|8 4
78
72
66
48
36
30
12

00
00
00
00
00
00
00
00

Book value
per share.
$105
96
87
78
54
39
32
12

02
21
46
84
49
50
39
39

$900 00
9,213 00
1,767 54

200 00
285 36
20 25
10 00
3,756 88
$16,153 03
Withdrawal
value.

$102 92
94 39
85 92
77 56
& 84
39 15
32 15
12 35

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

30

No. 14. LONG BEACH.

MUTUAL BUILDING AND LOAN ASSOCIATION.
S tevens ,

(Incorporated August 4, 1904.)

L lewellyn B ixby ,

Secretary.

No. of series, none.

President.

Fiscal year ended December 31, 1913.
No. of members and Investors, 184. No. of shares, 1,053.

Assets.

Liabilities.

Total a sse ts__________ $119,413 64

Receipts for Fiscal Year.
Balance from last report__
Installment shares, dues----Paid-up and prepaid shares,
d u e s ______________ _—
Investment certificates------In terest-------------- ------.----F e e s ____________________
Loans repaid-------------------Overdrafts and bills payable.
All other receipts--------------

Total receipts

Disbursements for Fiscal Year.




00
50

$4,000

60,748
130
3,194
473

4,250
898

36,515
1,100

420
72
786
22
8,162 88

Total disbursements___ $120,775 23

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dura, 50 cents per share per month.
Dividend, last fiscal year, 7 per cent.
Book value, dura plus dividend.
Withdrawal value, same as book value.

00

Total liabilities________ $119,413

$5,969 05 Overdrafts and bills payable
7,281 47 Loans on mortgages and
shares ------------------------9,000 00 Interest paid-------------------repaid, installment
45,650 40 Dues
shares ________________
9,092 91
176 (X) Profits repaid, installment
shares ------------------------34,559 58
9,000 00 Paid-up and prepaid shares,
ca p ita l________________
95 82
Paid-up and prepaid shares,
dividends _____________
Investment certificates, prin
cipal —
Investment certificates, divi
dends _________________
Salaries ______________ _
T axes----------------------------Other expenses___________
All other disbursements__ _
Balance, cash in office and
bank _!_________________
$120,775 23

20
49

8 8 g 3 8§ 8 1 SI *83

Loans on mortgages and
Installment shares, d u e s __ $83,929
shares ----------------------- - $111,010 01 Installment shares, profits__
7,190
Arrearages, on interest____
240 75 Paid-up and prepaid shares,
Cash in office and bank------8,162 88
cap ital------------------------- 20,050
Paid-up and prepaid shares,
dividends _____________
494
Investment certificates, prin
cipal _________________
47,851
Investment certificates, divi
dends --------------------------3,668
Overdrafts and bills payable.
5,000
Reserve and undivided profits
1,229

n

W. S.

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

31

No. 15. LOS ALTOS.

ALTOS BUILDING AND LOAN ASSOCIATION.
No. of series, none.

(Incorporated August 24, 1909.)

F eed S. S hoot , President.
Fiscal year ended June 30, 1914.
No. of members and investors, 32.
No. of shares, 230.

Assets.
Loans, on definite contract_
Cash, in b a n k ________ ___
Other a sse ts__ ___ ___ _ _

$19,370 81
749 01
105 90

Total a sse ts ______ ____

$20,225 72

Receipts for Fiscal Year.
Balance from last report__
Guarantee stock _ ---------In terest_________________
F in e s ____________ ____
Loans repaid____________
Overdrafts and bills payableAll other r e c e ip ts ______

Total receipts _______

$575 98
1,944 01
1,336 87
18 96
2,538 08
2,000 00
42 81

$8,456 71

Liabilities.
Guarantee stock, capital----Installment shares, dues___
Installment shares, profits—
Investment certificates, prim
cipal -------------- -----------Investment certificates, dividends _________ ______
Overdrafts and bills payable
Reserve and undivided profits
Total liabilities

_______

Disbursements for Fiscal Year.
Loans on mortgages and
shares _ --------- ------- —
Interest paid-------------------Dividends on guarantee stock
Investment certificates, prineipal -------------------------Investment certificates, divid en ds-------------------- —
Taxes — ------------------------Other expenses___________
All other disbursements----Balance, cash in office and
bank -------------------------Total disbursements____

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 7f per cent
Book value, dues plus dividend.
Withdrawal value, same as book value.




$15,585 00
80 00
9 00
1,500 00
45 00
2,000 00
1,006 72
$20,225 72

I 31*388 8 888

M in es , Secretary.

$4,620 00
30 00
1,031 46
1,700 00
157 25
49 54
76 64
42 81
749 01
$8,456 71

ggg 8 §88

0. E.

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

32

No. 16. LOS AN GELES.

BANKERS' GUARANTY-LOAN COMPANY.

(Incorporated August 12, 1901.)
W adleigh , Secretary.
J ohn
Fiscal year ended December 31, 1913.
No. of series, none.
No. of members and investors, 526.
G. H.

Assets.

H.

F oley, President.
No. of shares, 861.

Liabilities.

Loans on mortgages and
Guarantee stock, capital___ $13,171
shares ________________ $26,761 56 Investment certificates, prin
cipal ___
21,432
Cash in offiee and bank------400 50
Real esta te---------------------6,137 82 Overdrafts and bills payable1,400
787
Advances, personalaccounts
3,141 84 Sundry ledger accounts------All other assets----------------350 00
$36,791 81

Receipts for Fiscal Year.
Balance from last report____
Investment certificates------In terest-------------------------F in e s ___________________
Loans repaid -----------------Advances repaid, personal
accounts ______________
All other receipts, real es
tate, e tc .----------------------Total receip ts________

Total liabilities_______

$36,791 81

Disbursements for Fiscal Year.

$6,842
3,805
2,315
5
12,967

59 Overdrafts and bills payable $14,100 00
56 Loans on mortgages and
3,275 00
shares_________________
73
58 Investment certificates, prin
cipal --------------8,199
24
Advances, personalaccounts 17,404
317
13,712 98 Other expenses__________
All other disbursements___
1,427 68
5,474 72 Balance, cash in office and
400 59
bank___________ _______

$45,124 40

Total disbursements----- $45,124 40

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 60 cents per share per month.
Dividend, last fiscal year, — per cent
Book value, dues plus dividend.
Withdrawal value, same as book value.




68
00
40

So feS

Total a sse ts__________

73

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

33

No. 17. LOS AN GELES.

FIDELITY SAVINGS AND LOAN ASSOCIATION.
G.

H.

W adleigh ,

(Incorporated December 22, 1891.)
C. G. B oynton , President
Fiscal year ended December 31, 1914.
No. of members and investors, 3,311. No. of shares, 63,156.

Secretary.

No, of series, none.

Assets.

Liabilities.

Loans on mortgages and
shares _______________ $5,276,767
3,433
Arrearages, oninterest-------Cash in office and bank____ 166,597
Real e sta te__________
414,095
Advances, personal accounts 175,820

05
06
09
62
12

Installment shares, d u e s _$1,742,807 IB
Installment shares, profits_ 778,458 68
Paid-up and prepaid shares,
ca p ita l----------------------278,250 00
Paid-up and prepaid shares,
dividends-------------------4,554 51
Investment certificates, prin
cipal _________________ 2,279,035 46
Investment certificates, divi
dends ________________
36,623 68
Overdrafts and bills payable 223,578 00
Reserve
and
undivided
profits ------------------429,363 36
Loans due and incomplete— 249,610 51
All other liabilities, tax
reserve, e te .___________
14,430 83

Total a sse ts_________ $6,036,712 94

Total liabilities______ $6,086,712 94

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report— $129,777 32 Overdrafts and bills payable $61,800
Installment shares, dues — 389,912 78 Loans on mortgages and
shares _______________ 1,552,151
Paid-up and prepaid shares,
11,767
dues -------------------------35,850 00 Interest paid____________
671,751 00 Dues repaid, installment
Investment certificates___
shares ----------------------160,407
In terest------------------------- 394,050 28
48,845 37 Profits repaid, installment
Premiums ---------------------3,764 51
Pines and fees----------------shares _______________
111,166
Loans repaid ----------------- 1,620,570 81 Paid-up and prepaid shares,
ca p ita l__________
61,400
Overdrafts and bills payable 104,728 00
Paid-up and prepaid shares,
Advances repaid, personal
accounts _____________
62,628 73
dividends ____________
13,144
All other receipts________
103,742 20 Investment certificates, prin
cipal -------------------------408,040
Investment certificates, divi
dends ------------------------- 126,914
Advances, personal accounts 464,693
S alaries________________
12,865
T a x es__________________
6,020
41,441
Other expenses____ ______
All other disbursements, real
estate, e t c . ___________
367,211
Balance, cash in office and
166,597
bank ________________
Total receipts____ ____$3,565,621 00

Class “B.” Dues, 70 cents per
share per month.

3—12788



Age in
months.
84
72
60
48
36
24
12

Total dues
per share.
$58
50
42
33
25
16
8

98
47
43
48
00
29
00
63
86
60
62
09
06
09

Total disbursements___ $3,565,621 00

Installment Shares, With Age, Value, and Withdrawal Value.

Serial
No.

00

80
40
00
00
20
80
40

Loan fund dues
per share.
$51
43
36
28
20
13
5

12
46
00
44
88
32
76

Book value
per share.
$88
68
52
38
25
15
6

17
97
42
15
85
25
11

Withdrawal
value.
$88
88
52
38
25
15
6

17
97
42
15
85
25
11

34

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 18. LOS AN GELES.

HOME INVESTMENT BUILDING AND LOAN -ASSOCIATION.
W.

A. B onynge,

No. of series, 16.

(Incorporated August 21, 1888.)

I. B. N ewton , President.
Fiscal year ended September 30, 1913.
No. of members and investors, 36.
No. of shares, 476,

Secretary.

Assets.
Loans on mortgages and
shares — ----------------- --- $61,700
Arrearages—
On shares —
$13 00
493 79
On interest_
506
Cash in office and bank----1,255
Furniture and fixtures------147

Liabilities.
Installment shares, dues — $22,548 00
00 Installment shares, profits_
5,435 76
Advance payments___ ____
593 33
Overdrafts and bills payable- 34,370 00
Reserve and undivided profits
663 08
79
91
47

Total a sse ts-------- ------- $63,610 17

Total receipts

$5,743
3,981
7,500
32,570

00 Overdrafts and bills payable.
68 Loans on mortgages and
00
shares----------------- --- —
00 Interest paid — — -------Dues
repaid, installment
shares-------------------------Profits repaid, installment
shares-------—— ___ __
Salaries----- ---------- _ —
T axes____________ _____
Other expenses---------------Balance, cash in office and
b an k _______ __________

— — — $49,794 68

Installment Shares, With Age,
Serial
No.
— ____
28—___ ____________
32_____ _______________________ —
35_____ __________________ _______
_____
38_____ _______________
39___ — _____ _______________
41_____ ___________________________
43_____ _____ _____ ______
46_____ _______________ _ ___
— _
48_____ ___________




$63,610 17

Disbursements for Fiscal Year.

Receipts for Fiscal Year.
Installment shares, dues —
Interest _________________
Loans repaid — ------- _
Overdrafts and bills payable

Total liabilities________

Total disbursements _ —

$7,807 56
35,200 00
1,210 75
2,542 00
652
660
315
150

23
00
66
57

1,255 91
$49,794 68

Value, and Withdrawal Value.
Age In Total
dues Booh
value Withdrawal
per share.
months.
per share.
value.
126 $126 00 $182 76 $182 76
102
102 00
137 50
130 17
84
84 00
107 29
102 65
66
80 13 . 76 60
66 00
60
71 63
60 00
68 73
48
48 00
55 36
53 50
36
36 00
40 04
39 03
18 00
18
18 98
18 74
6
6 00
6 10
6 09

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

35

No. 19. LOS ANGELES.

METROPOLITAN LOAN ASSOCIATION.
(Incorporated July 30, 1886.)
I saac N obton, Secretary.
Chas . S eyleb, President.
Fiscal year ended June 30, 1914.
No. of series, 22.
No. of members and investors, 178. No. of shares, 2,874.
Assets.

Liabilities.

Installment shares, dues----- $153,978
Loans on mortgages and
shares-------------------------- $249,900 00 Installment shares, profits__ 35,536
Paid-up and prepaid shares,
Arrearages—
capital — ________ _ 21,800
On shares -------$144 00
Advance payments __ _____
On interest ----- 187 20
2,050
331 20 Overdrafts and bills payable- 30,000
5,242 76 Beserve and undivided profits 11,351
Cash in bank-------------------Sundry ledger accounts_____
758
Total assets----------------- $255,473 96

Receipts for Fiscal Year,
Balanee from last report----Installment shares, dues----Paid-up and prepaid shares,
dues — — — - ----Interest _ ______________
P in e s ----- ------------------—
Fees _ — ---------- -------Loans repaid----- ----------Overdrafts and bills payable-

Total receipts — _

00
00
00
41
16

Total liabilities-------- --- $255,473 96

Disbursements for Fiscal Year.

$8,309 02 Overdrafts and bills payable
33,471 00 Loans on mortgages and
shares----------— _ _____
9,000 00 Interest paid _ _
repaid,
installment
19,649 70 Dues
231 42
shares -------------- — _
22 20 Profits repaid, installment
23,400 00
shares ____ _ _ _ _ —
4,000 00 Paid-up and prepaid shares,
ca p ita l-------- ------------Paid-up and prepaid shares,
dividends-------- ------------Salaries--------------- ----- —
T axes---------------------------Other expenses____ _____
Balance, cash in office and
bank —
_ — _ -------$98,083 34

00
39

Total disbursements___

$4,000 00
18,300 00
1,773 68
38,570 00
15,049 00
9,000 00
1,570
3,300
371
906

50
00
40
00

5,242 76
$98,083 34

Installment Shares, With Age, Value, and Withdrawal Value.
Age In per
value Withdrawal
Totalshare.
dues Book
value.
months.
per share.
No.
$120
00
$169
57 $159 66
_
________________________
120
27 ____
108 00
146 39
136 79
29 _______________________________ 108
96
124 95
96 00
116 27
31__________ _____ ____________
84 00
84
105 13
97 73
33_______________________ ____
72
72 00
86 81
80 89
35_________________________________
60 00
65 93
60
69 88
37__________________ - ___________
51 08
48 00
54 16
39_________________________________ 48
36
39 38
37 69
36 00
41_________ ___________________
24 00
24
25 47
24 74
4 3 _____ ___ ___________________
12 36
12
12 00
12 18
45 — .___________________________




REPORT ON BUILDING AND LOAN ASSOCIATIONS,

36

No. 20. LOS AN GELES.

STATE MUTUAL BUILDING AND LOAN ASSOCIATION.

(Incorporated June 20, 1889.)
W ade, Secretary.
W. G. C ochban , President.
Fiscal year ended December 31, 1913.
No. of series, none. No. of members and investors, 6,625. No. of shares, 11,228.
0. J.

Assets.

Liabilities.

Loans on mortgages and
shares _______________ $3,541,298 59
Arrearages—
On interest — $6,919 50
On fines-------- 1,170 70
------------8,090 20
Cash in office and bank----136,658 76
Furniture and fixtures------3,000 00
Advances, personal accounts 11,841 79

Guarantee stock, capital— $100,000 00
91,809 38
Guarantee stock, surplus__
Installment shares, dues__ 125,790 40
Installment shares, profits81,830 30
Paid-up and prepaid shares,
ca p ita l_______________
210,590 00
Paid-up and prepaid shares,
dividends___ _________
49,321 45
Investment certificates, prin
cipal _________________ 2,954,128 55
Investment certificates, divi
dends ------------------------77,509 45
Advance payments----------1,562 55
Reserve
and
undivided
profits________________
6,519 87
Sundry ledger accounts----2,327 39

Total a sse ts-------------- $3,700,889 34

Total liabilities---------- $3,700,889 34

Receipts for Fiscal Year.

Disbursements for Fiscal Year.

Balance from last report—
$44,887 85 Loans on mortgages and
40
shares---------------- $1,156,850
Installment shares,dues—
29,374 05
Paid-up and prepaid shares,
Dividends on guarantee stock
24,426 35
dues _________________
158,900 00 Dues repaid, installment
Investment certificates----- 1,024,112 40
shares___ _____________ 123,786 30
In terest------------------------- 316,822 74 Profits repaid, installment
F in e s __________________
3,362 65
shares__________
59,767
85
Fees '___________________
2,505 50 Paid-up and prepaid shares,
capital _______
12,190 00
Loans repaid —--------------- 1,020,599 89
Paid-up and prepaid shares,
Advances repaid, personal
dividends_______
13,290
80
accounts--------------------8,322 10
Investment certificates, prin
All other receipts, real es
cipal _________________
852,905 70
tate, e t c .-------------------12,346 43
Investment certificates, divi
dends _____ J__________ 165,624 16
Advances, personalaccounts
9,947 92
S alaries__________
15,000
00
T a x e s__________________
4,578 24
Other expenses------36,523
07
All other disbursements, real
estate, e tc .--------------- —
9,684 06
Balance, cash in office and
bank „__________
136,658
76
Total receipts-------------$2,621,233 61

Serial
No.

es, With Age, Value. and Withdrawal Value.
Total dues Loan fund dues
Book value Withdrawal
Age la
per share.
per share.
value.
per share.
months.

Class “A.” Dues 60 cents per* 114
1(B
share per month.
96
84
K> 78
Investment Certificates,
72
per month per $100
60
certificate.
48
36
24
12




Total disbursements__ $2,621,233 61

$68
64
57
50
78
72
60
48
36
24
12

40
80
60
40
00
00
00
00
00
00
00

$67
63
58
49
78
72
60
48
36
24
12

40
80
60
40
00
00
00
00
00
00
00

$98
91
77
65
94
86
69
54
39
25
12

69
41
80
22
87
21
63
01
29
41
33

$98
91
77
65
94
86
69
54
39
25
12

69
41
80
22
87
21
63
01
29
41
33

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

37

No. 21. LOS ANGELES.

SOUTHERN CALIFORNIA LOAN ASSOCIATION.
(Incorporated March 11, 1887.)
J ulius H. M artin , Secretary.
C. B. D onnatin , President
Fiscal year ended June 30, 1914.
No. of series, 21.
No. of members and investors, 905. No. of shares, 4,642.
Assets.

Liabilities.

Loans on mortgages______ $741,902 00 Guarantee stock, capital_ - $50,000
1.369
Arrearages, on shares---------138 00 Guarantee stock, surplus----Cash, in bank-------------------6,858 30 Installment shares, dues------- 73,068
Furniture and fixtu res.___
1,239 56 Installment shares, profits.— 19,837
Paid-up and prepaid shares,
capital ----------- ---------- 563,483
Investment certificates, prin
1.370
cipal _ — -------- -----------240
Advance payments-----------Overdrafts and bills payable. 10,000
Reserve and undivided profits 17,823
12,945
Loans due and incomplete—
Total assets----------------- $750,137 86

Receipts for Fiscal Year.

00
51
00
40
52
13
00
00
88
42

Total, liabilities------------- $750,137 86

Disbursements for Fiscal Year.

Balance from last report----- $6,887 71 Overdrafts and bills payable. $35,000 00
Installment shares, dues------- 17,04a 00 Loans on mortgages and
Paid-up and prepaid shares,
shares ----------- — ------- 141,451 22
412 50
d u e s ------------------------- --- 153,872 60 Interest paid — _ — ----6,500 00
Investment certificates ------3,104 68 Dividends on guarantee stock
In terest-------------- ------------ 58,914 36 Dues
repaid, installment
19,812 00
Loans repaid_____________ 133,744 00
shares-- ------------ -------Overdrafts and bills payable. 20,000 00 Profits repaid, Installment
All other receipts---------------1 75
shares_________________
9,295 17
Paid-up and prepaid shares,
ca p ita l--------— — __ 125,795 08
Paid-up and prepaid sharesi,
dividends------------- _ — 33,039 31
Investment certificates, prin2,818 65
cipal — ------------- . —
3,669 50
Salaries___ — _____ —
6,390 72
T axes_________ _______
2,525 65
Other expenses — -----------Balance, cash in office and
b ank -------------------6,858 30
Total receipts — ---------- $393,568 10

Total disbursements _ — $393,568 10

Installment Shares, With Age,
Serial
No.
31_______ __________________________
33_______ _________________________
3 5 ______ __________________________
3 7 ______ . _______________________
39_______ _________________________
41_______ ____________________ ._
43_______ ________________________
45_______ __________________________
47_______ _________________________
49_______ __________________________

Value, and Withdrawal Value.
value Withdrawal
Totalshare.
dues Book
Age to
per share.
value.
months.
per
118 $118 00 $170 43 $170 43
147 15
106
106 00
147 15
117 57
94
94 00
125 42
82
82 00
105 34
99 51
86 59
79 95
70
70 00
69 11
64 67
58 00
58
52 51
48
48 00
55 81
38 48
40 13
36
36 00
25 07
24
24 00
25 79
12 28
12 00
12 46
12




38

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 22. LOS GATOS.

LOS GATOS BUILDING AND LOAN ASSOCIATION.
A. B erbyman, Secretary-

(Incorporated April 27, 1889.)

E. M. S elmebs, President.

Fiscal year ended April 30, 1914.
No. of members and investors, 25.

No. of series, 10.
Assets.

No.

of

Liabilities.

Loans on mortgages----------- $13,572 50 Installment shares, dues____
Arrearages—
Installment shares, profits__
On sh ares----------- $44 50
Overdrafts and bills payableOn interest---------- 18 95
Reserve and undivided profits
On premium ___ _ 10 75
Sundry ledger accounts------On fines — _ — 6 40
80 60
Cash in bank— ----------—
168 13
Total assets — ___ ___ $13,821 23

Receipts for Fiscal Year.
Balance from last report----Installment shares, dues___
In terest----------------— —
Prem ium s----- ------- ---------Fines __________________
F e e s ----- ------------------------Loans repaid ____________
Overdrafts and bills payable.
Advances repaid, personal accounts ____________

Total receipts--------------

Total liabilities _______

$8,736
3,161
1,600
236
87

00
25
00
78
20

$13,821 23

Disbursements for Fiscal Year.
$201
1,751
931
396
56
1
2,225
2,000

95
70
60
35
45
70
00
00

Overdrafts and bills payableLoans on mortgages and
shares ------------------------Interest paid ___________
Dues repaid, Installment
shares — — ------------Profits repaid, installment
shares ___ _ _____
S alaries-------------------------87 20 T a x e s----------------- ---------Other expenses_____ __
Balance, cash in office and
bank — ----------------- ---

$7,651 95

Total disbursements-----

Installment Shares, With Age, Value, and Withdrawal Value.

Serial
No.
10— ____ _________________________
11 — ___________ ______________
13__________________ ______________
14__________________ ______________
15_________________ _______________
16__________________ ______________
17__________________ ______________
18__________________ ______________
19 ________________ _____________




shares, 144.

Age In Total
dues
months.
per share.
120 $120 00
108
108 00
84
84 00
72
72 00
60
60 00
48
48 00
36
36 00
24
24 00
12
12 00

Book
value
rmt share.
$186 80
160 50
113 93
93 61
74 87
57 22
40 84
25 94
12 44

$3,900 00
1,705 00
184 12
902 20
420
150
120
100

60
00
95
95

168 13
$7,651 95

Withdrawal
value.
Dues, plus
3 to 6 per
c e n t for
average
time.

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

39

No. 23. MADERA.

MADERA MUTUAL BUILDING AND LOAN ASSOCIATION.

(Incorporated October 26, 1912.)
E. M. M cCabdle, Secretary.
J. B. H igh , President.
Fiscal year ended November 1, 1913,
No. of series, none.
No. of members and investors, 56.
No. of shares, 645.
Assets.
Loans on mortgages and
shares-------------- ----------Cash in office and bank____
All other assets-----------------

$11,350 53

Receipts for Fiscal Year.
Installment shares, dues__ $11,284
In terest_________________
635
7
P e e s ------------------------------Loans repaid____________
796
Overdrafts and bills payable1,325

Total receipts

Total liabilities

$14,048 50

Overdrafts and bills payable.
Loans on mortgages and
shares ------------------------9
Interest paid-------Dues
repaid,
installment
shares ------------------------S alaries--------------500
T a x e s-----------------10
Other expenses!,organization
Balance, cash in office and
b an k __________
1,392

$1,325

10,107
340

304 70
23

Total disbursements----- $14,048 50

Installm ent Shares, W ith Age, V alue, and W ith draw al V alue.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, — per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$11,350

Disbursements for Fiscal Year.
50
10
50
40
00

IS I 8 §£ 888

Total assets

Liabilities.
Installment shares, dues----- $10,944
$9,653 60 Reserve and undivided profits
63
1,392 23 Loans due and incomplete__
342
304 70

40

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
Mo. 24. MERCED.

MERCED MUTUAL BUILDIN® AND LOAN ASSOCIATION.
J. H.
No.

of

S im o n s o n ,

Secretary.

(Incorporated June 22, 1891.)

W. B. L a n d b u m , President
year ended June 30, 1914.
No. of members and investors, 195. No. of shares, 1,803.
Fiscal

series, 11.
Assets.

Liabilities.

Loans on mortgages----------- $136,225
Arrearages—
On sh ares------- $100 00
On interest------7 50
107
Cash in office and bank____
5,292
Furniture and fixtures------180

00 Installment shares, dues----- $108,348
Installment shares,
29,542
Reserve and undivided profits
1,798
All other liabilities, unearned
50
premiums---------------------2,116
58
00

profits__

Total a s s e ts __________ $141,805 08

Receipts for Fiscal Year.
Balance from last report___
Installment shares, dues___
_

Interest____
_______
F ines__________________
F ees -------------------------------

Loans repaid ------------------Overdrafts and bills payable.

$3,950
22,100
10,882
1
17
8,950
6,000

57
00
13
25
80
00
00

Total receipts-------------- $51,961 75

Installment Shares, With Age,
Serial
No.
16_____ ___________________________
17_____ ___ _____________________
1 8 - —.___________________________
19_____ ___________________________
20____ ___________________________
__________________________
21
______
2 2 _____ __________________
23_____ ___________________________
24____ ___________________________
25_____ ___________________________




00
17
20
71

Total liab ilities_______ $141,805 08
Disbursements for Fiscal Year.
Overdrafts and bills payable. $14,000 00
Loans on mortgages and
shares _ _ _ __________
13,675 00
____ __
Interest paid___
405 81
Dues
repaid,
installment
shares ________________
12,190 00
Profits repaid, installment
shares _ — _ _ -------4,268 16
S alaries_______________
600 00
T a x es________________ ___
1,076 55
Other expenses___ ________
129 65
All other disbursements, fur324 00
niture, etc. — _ — ---Balance, cash in office and
bank — -------- ----- — .
5,292 58
Total disbursements-----

$51,961 75

Value, and Withdrawal Value.
Age in
value Withdrawal
Total
dues Book
months.
per share.
per share.
value.
120 $120 00 $168 04 $150 25
108
108 00
146 14
132 53
96
96 00
125 65
115 40
84
84 00
106 35
98 88
72
72 00
88 17
82 95
60
60 00
71 14
67 63
48
48 00
55 13
52 90
36
36 00
40 04
38 78
24
24 00
25 SO
25 25
12
12 00
12 46
12 33

41

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No.25. M ILL V A L L E Y .

TAMALPAIS MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated March 16, 1897.)
P aul H e l m o b e , Secretary.

W. J.

Fiscal year ended April 30, 1914.
No. of members and investors, 187,

No. of series, 25.

No. of shares, 1,613.

Liabilities.

Assets.
Loans on mortgages and
shares-------------------------- $55,659
Arrearages—•
On sh ares-------- $242 00
On interest------- 732 67
On fines_______
22 20
996
Cash in office and bank____
4,526
Furniture and fixtures_____
46
Advances, personal aceounts15

T homas , President.

Installment shares, dues----- $29,075 80
5,469 09
68 Installment shares, profits—
Paid-up and prepaid shares,
ca p ita l_______________ - 21,120 00
721 72
Reserve and undivided profits
4,750 00
Loans due and incomplete__
109 00
87 Sundry ledger accounts____
97
75
84

Total a s s e ts ----------------- $61,245 61

Total liab ilities------------ $61,245 61

Receipts lor Fiscal Year.

Disbursements for Fiscal Year.

Balance from last report____ $1,624 61 Loans on mortgages and
Installment shares, dues------ 10,489 17 sh ares----------------------— $17,131 16
Paid-up and prepaid shares,
Interest p a id ---------- — —
38 84
d u e s -------------- --------1,000 00 Dues repaid, installment
I n te r e s t___ ______________ 4,366 12 shares ----- — --------- —
4,213 00
Fines — _ — — _ —
173 99 Profits repaid, installment
Fees --------------------------------43 75 s h a r e s ------------- -------617 61
Loans re p a id _____________ 12,918 31 Paid-up and prepaid shares,
Advances repaid, personal accapital---------— ----------- 1,000 00
counts _________________
13 00 Paid-up and prepaid shares,
dividends----------------------- 1,250 70
Advances, personal aeeountSL.
974 98
480 00
Salaries---------- ---------- -----94 59
Taxes ------- -------------- —
301 10
Other expenses — — -----Balance, cash in office and
bank — ------------------------ 4,526 97
Total disbursem ents------ $30,628 95
Total receipts--------------- $30,628 95
Serial
No.

Installment Shares, With Age, Value, and Withdrawal Value.

33_________________________________
37_________________________________
41_________________________________
45_________________________________
49_________________________________
53_________________________________




Age to
months.
72
60
48
36
24
12

Total dues
per share.
$72
60
48
36
24
12

00
00
00
00
00
00

Book value
per share.

$91 19
73 28
56 44
40 62
25 94
12 44

Withdrawal
value.
$89
71
55
39
25
12

27
95
17
70
35
20

42

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 26. NAPA.

NAPA BUILDING AND LOAN ASSOCIATION.
T. N. Mount , Secretary.

(Incorporated April 22, 1886.)

B. D. B eabd, President.
Fiscal year ended May 18, 1914.
No. of members and investors, 379. No. of shares, 3,261.

No. of series, 11.
Assets.

Liabilities

Loans—On mortgages, $191,423.28; on shares, $12,348.00; on eontraet sale%
$784.04 _______________ $204,555 32
Arrearages—
On sh ares_______ $57 00
On interest_____ 69 81
On fin es------------ 15 32
---------142 13
Cash in bank-------------------1,439 28
Beal estate, owned------------1,583 31
Furniture and fixtures_____
150 00
Total assets

$207,870 04

Receipts for Fiscal Year.
Balance from last report___
Installment shares, dues___
In terest-------------------------Prem ium s_______________
Fines and fees------------------Loans repaid------------------Overdrafts and bills payableAdvances repaid, personal ac
counts -------------------------All other receipts_________

Installment shares, dues----- $147,141
Installment shares, profits— 34,513
961
Advance payments------------Overdrafts and bills payable- 23,052
1,095
Reserve and undivided profits
Sundry ledger accounts——
1,003
All other liabilities, interest
102
on bills payable--------------

Total liabilities

54

$207,870 04

Disbursements for Fiscal Year.

$1,347
39,634
14,066
26
264
47,472
35,513

43
00
82
91
03
54
00

Overdrafts and bills payable- $23,161 00
Loans on mortgages and
shares ________________
57,023 20
Interest p a id ------------------262 66
Dues repaid,
installment
shares-------------------------- 42,132 00
Profits repaid, installment
shares ________________
13,842 58
1,003 95 Salaries-------------------------996 00
12 77 T axes----------------------------290 50
Other expenses----------------194 23
Balance, cash in office and
bank__________________
1,439 28

Total receipts________ $139,341 45

Total disbursements----- $139,341 45

Installment Shares, With Age, Value, and Withdrawal Value.

Serial
Age in
Totalsham.
dues
No.
months.
per
20_______ _________________________ 113 $113 00
21_______ _________________________ 101
101 00
89
89 00
22_______ _________________________
77
77 00
23_______ _________________________
65
65 00
24______ _________________________
53
53 00
25_______ ___________________ __
41 00
26_______ _____________________ __ 41
29
29 00
27______ _________________________
17
17 00
28_______ _________________________
5
5 00
29_______ _________________________



00
92
00
00
63
95

Book
value Withdrawal
per share.
value.
$155 64 $139 60
134 12
122 25
113 99
105 50
95 15
89 35
77 55
73 80
58 85
61 18
44 50
45 81
30 75
31 38
17 81
17 46
5 07
5 00

43

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 27. N EW C A S TLE.

NEWCASTLE BUILDING AND LOAN ASSOCIATION.
J ohn W allace,

(Incorporated May 20, 1889.)

G eo. W. B isbee , President,
Fiscal year ended April SO, 1914.
No. of shares, 561.
No. of members and investors, 84.

Secretary.

No. of series, 11.
Assets.

Liabilities.

Loans on mortgages— ----- $37,150
Arrearages—
On sh ares____ $371 00
On interest------- 320 80
On r e n ts--------72 00
On fines — — _
7 62
771
7,374
Cash in office and bank------Real estate, owned----- --- _
1,200
Furniture and fixtures_____
50
Advances, ledger accounts—
1,670
Total assets — ----------

00 Installment shares, dues___ $37,176 00
9,766 84
Installment shares, profits—
27 00
Advance payments ----------1,172 75
Reserve and undivided profits
Sundry ledger accounts___
00 00
All other liabilities, suspense
13 50
42
49
00
00
18

$48,216 09

Total liabilities_______

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report___
Installment shares, dues___
In terest-------------------------Premiums and re n ts__ ____
Fines ________ _____ ___
Loans repaid ----------- —
Overdrafts and bills payableAdvances repaid, personal acc o u n ts______________
All other receipts____ _ _

$2,036
7,418
3,637
132
73
3,910
1,950

91
00
13
00
36
00
00

Overdrafts and bills payableLoans on mortgages and
shares____ __________ __
Interest p a id ----------— —
Dues
repaid, installment
shares----------------- --------Profits repaid, installment
shares_________ _______
431 50 Advances, personal accounts51 56 Salaries----------------- — Taxes -------- --------------------Other expenses--------- -------All other disbursements__ __
Balance, cash in office and
bank________ _________

Total receipts_______ __ $19,640 46

Serial
No.

1 6 _____— _
__________________________
17_________________________________
18_____ ___________________________
19_________________________________
20________________________________
2 1 _________________________________
22_______ ___________________________
2 3 ________________________________
24_________________________________
25______ _______________________________________

$1,950 00
2,650 00
19 64
4,416 00
1,794
632
320
134
183
165

50
60
00
71
25
27

7,374 49

Total disbursements----- $19,640 46

Installment Shares, With Age, Value, and Withdrawal Value.




$48,216 09

Age in
months.
120
108
96
84
72
60
48
36
24

12

Total dues
per share.
$120 00
108
96
84
72
60
48
36
24
12

00
00
00
00
00
00
00
00
00

Book value
per share.
$167
144
123
103
86
69
54
30
25
12

Withdrawal
value.

28
27
16
97 Dues, plus
34 profits, as
79 p e r by20 laws.
44
52
39

44

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 28. OAKLAN D.

ALAMEDA COUNTY LOAN ASSOCIATION.
Chas . P.

H oag,

(Incorporated July 20, 1875.)
Secretary.

No. of series, none.

0 . C.

Fiscal year ended June 30, 1914.
No. of members and investors, 425,

Assets.
Loans—On definite contract,
$380,523.77; on shares,
$1,675.00;
on contract
sales, $9,871.99_________ $392,070
814
Arrearages, on interest-------Cash in office and bank------4,922
Beal estate and association
59,150
premises----------------------Furniture and fixtures_____
500
Advances, ledger accounts__
40

Volbebg, President.
No. of shares, 2,779.

Liabilities.
76
05
25
60
00
30

Total a sse ts---------------- $457,497 96

Receipts for Fiscal Year.

Installment shares, dues___ $156,480 28
Installment shares, profits__ 32,281 50
Paid-up and prepaid shares,
17,678 75
ca p ita l______
Paid-up and prepaid shares,
dividends______________
7,453 30
Investment certificates, prin
cipal __________________ 131,864 93
Investment certificates, divi
dends ______
4,722 33
Overdrafts and bills payable52,309 76
Reserve and undivided profits 29,776 52
Loans due and incomplete—
20,073 68
Sundry ledger accounts, ma
tured sh a res----------------2,109 67
All other liabilities, interest
and tax reserve-------------2,747 24
Total liabilities

$457,497 96

Disbursements for Fiscal Year.

Balance from last report___ $5,765 85 Overdrafts and bills payable- $53,481 10
Installment shares, dues___
51,345 77 Loans on mortgages and
Paid-up and prepaid shares,
shares--------- ----------------- 92,747 10
675 74
d u e s __________________
6,218 93 Interest paid_____________
installment
Investment certificates------- 35,068 86 Dues repaid,
shares ------------------------- 44,831 92
In terest-------------------------- 27,295 39
3,013 20 Profits repaid, installment
Premiums and rents----------shares ------------------------- 15,397 68
F e e s ___ ________________
183 00
Loans repaid ------------------- 100,448 46 Paid-up and prepaid shares,
13,510 20
ca p ita l----------._________
Overdrafts and bills payable- 42,000 00
Paid-up and prepaid shares,
Advances repaid, personal ac
2,949 97
counts ________________
2,362 86
dividends---------------------Investment certificates, prin
All other receipts, real estate
cipal _______________ ____ 28,580 02
sold, e t c .---------------------8,913 71
Investment certificates, divi
3,772 73
dends —
4,152 00
S alaries----------- -------------1,159 48
T a x e s-----------------------------4,067 84
Other expenses----------------All other disbursements, real
12,428 00
estate, e tc .-------------------Balance, cash in office and
4,922 25
bank---------------------------Total receipts_________ $282,616 03

Total disbursements----- $282,616 08

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




REPORT ON BUILDING AND LOAN ASSOCIATIONS.

45

No. 29. OAKLAN D.

COSMOPOLITAN MUTUAL BUILDING AND LOAN
ASSOCIATION.
W. S. G o u l d ,

Secretary.

(Incorporated August 4, 1879.)
Wit. H o f f s c h n e i d e b ,

Fiscal year ended July 31, 1913,
No. of members and investors, 310.

No. of series, 23.

President.

No. of shares, 2,767.

Assets.

Liabilities,

Loans on mortgages and
shares ________________ $180,369 05
Arrearages—•
On sh ares----- - $1,496 86
On interest----- 2,325 80
—-----.— 3,822 66
Cash in office and bank------2,593 95
Furniture and fixtures-------500 00
Advances, personal accounts354 61

Installment shares, dues----- $93,448 88
Installment shares, profits__ 23,357 06
Investment certificates, prin
cipal __________________
28,257 90
Advance payments -----------15,116 77
Overdrafts and bills payable23,500 00
Reserve and undivided profits
2,959 72
Loans due and incomplete__
601 91
398 03
Sundry ledger accounts____

Total assets

$187,640 27

Receipts for Fiscal Year.
Balance from last report----Installment shares, dues___
Investment certificates____
Interest --------------------------Fines ----------------------------Loans repaid------------------Overdrafts and bills payableAdvances repaid, personal ac
counts -------------------------All other receipts, real estate,
etc. ___________________

Total liabilities

$187,640 27

Disbursements for Fiscal Year.

$5,968
24,372
20,076
16,736
99
70,164
33,500

84
83
83
28
25
46
00

Overdrafts and bills payable- $39,500 00
Loans on mortgages and
shares -----------------56,120 58
4,511 80
Interest paid-------------------Dues
repaid, installment
shares-------------------------- 26,260 22
Profits repaid, installment
shares-------------------------6,115 24
955 27 Investment certificates, prin
cipal ---------------------------- 29,683 90
4,171 07 Advances, personal accounts1,044 10
Salaries----------------.---------2,580 00
T a x e s___________________
1,626 69
Other expenses___________
1,778 10
All other disbursements, real
estate, e tc ._____________
4,230 25
Balance, cash in office and
bank__________________
2,593 95

Total receipts-------------- $176,044 83

Total disbursements----- $176,044 83

Installment Shares, With Age, Value, and Withdrawal Value.

Serial
No.
50__________________ _____________
52__________________ ______________
54__________________ ______________
56__________________ ______________
58__________________ ______________
60__________________ ______________
62__________________ ______________
64__________________ ______________
66__________________ ___ ___________
68__________________ ______________




Age In
total
dues
per sham.
months.
120 $120 00
108
108 00
96
96 00
84
84 00
72
72 00
60
00 00
48
48 00
36
36 00
24 00
24
12 00
12

Book
value Withdrawal
per share.
value.
$162 85 $160 71
142 95
137 71
116 59
123 45
1(M 83
97 54
87 14
80 33
70 45
68 50
54 64
52 80
39 73
38 70
25 20
25 67
12 43
12 30

46

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 30. ONTARIO.

PEOPLE S MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated June 24, 1891.)
W. F. G. B laikee, Secretary.
A. P. H abwood, President.
Fiscal year ended December 31, 1913.
No. of series, none.
No. of members and investors, 502. No. of shares, 8,833.
Assets.

Liabilities.

Loans on mortgages and
shares _________________$427,709 14
Cash in office and bank------3,048 92
Real estate, office building—
1,600 00
Furniture and fixtures-------373 52
Advances, personal accounts317 53

Total a sse ts ----------------$433,049 11

Receipts for Fiscal Year.
Installment shares, dues----$85,004
Paid-up and prepaid shares,
d u e s ---------------------------- 14,151
In terest_________________
29,968
Fines ----------------------------410
F e e s ------------------------------50
Loans repaid-------------------- 93,185
Overdrafts and billspayable- 34,136
Advances repaid, personal ac
counts ------------------------2,155

Installment shares, dues—— $176,078
Installment shares, profits— 37,208
Paid-up and prepaid shares,
ca p ita l________________ 167,725
Paid-up and prepaid shares,
dividends______________
5,145
Overdrafts and bills payable- 33,762
Reserve and undivided profits
9,899
2,354
Loans due and incomplete__
All other liabilities, interest
on bills payable-------------875

00
32
08
79
57
41

Total liab ilities_______ $433,049 11

Disbursements for Fiscal Year.
61 Overdrafts and bills payable- $36,334 58
Loans on mortgages and
29
shares-------------------------95,212 57
22 Interest paid -------------------1,397 51
00 Dues
repaid, installment
20
shares-------------------------67,505 22
69 Profits repaid, installment
96
shares_________________
8,253 88
Paid-up and prepaid shares,
ca
p
ita
l------------------------33,319
19
97
Paid-up and prepaid shares,
dividends______________
8,721 38
Advances, personalaccounts1,768 18
S alaries_________________
2,424 00
Other expenses___________
1,007 51
All other disbursements------100 00
Balance, cash in office and
bank__________________
3,048 92

Total receipts-------------- $259,062 94

Total disbursements----- $259,062 94

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 60 cents per share per month.
Dividend, last fiscal year 71 per cent.
Book value, dues pins dividend.
Withdrawal value, same as book value.




78
16

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

47

No. 31. ORANGE.

ORANGE BUILDING AND LOAN ASSOCIATION.
(Incorporated September 21, 1887.)
U. D. R hodes, Secretary,
D. 0. P ixley, President.
Fiscal year ended October 81, 1913.
No. of members and Investors, 487.
No. of series, 18.
No. of shares, 4,610.
Assets.

Liabilities.

Loans on mortgages and
$411,832
shares __
Arrearages—•
$782 75
On shares .
On interest
2,007 16
On fines . . .
256 78
3,046
Cash in office and bank------- 12,633
Furniture and fixtures_____
400
Advances, personal accounts.
18

Total assets

47

69
18
00
90

$427,931 24

Guarantee stock, capital____ $25,000
Guarantee stock, surplus___
3,000
Installment shares, dues____ 163,749
Installment shares, profits__ 48,656
Paid-up and prepaid shares,
ca p ita l------------------------- 160,800
Paid-up and prepaid shares,
dividends______________
3,014
460
Advance payments________
Overdrafts and bills payable- 10,000
Reserve and undivided profits
6,348
Loans due and incomplete__
5,629
Sundry ledger accounts_____
22
All other liabilities, dividends
unpaid------------------------1,250
Total liabilities

Receipts for Fiscal Year.
Balance from last report----Installment shares, dues------Paid-up and prepaid shares,
d u e s __________________
In terest_______________
Fines ___________________
F e e s ------------------------------Loans repaid-------------------Overdrafts and bills payable.
Advances repaid, personal ac
counts ------------------------All other receipts, real estate

Total receipts

Serial

No.

00
61
40
00
80
15
50
00

$427,931 24

Disbursements for Fiscal Year.

$6,605 20 Overdrafts and bills payable.
$5,000 00
42,367 25 Loans on mortgages and
shares___________ 150,677
49
149
77
79,150 00 Interest p aid _______
2,250 00
29,451 92 Dividends on guarantee stock
repaid, installment
533 59 Dues
shares___________ 20,745
25
482 20
62,211 60 Profits repaid, installment
sh ares------------------ 8,886
81
5,000 00
Paid-up and prepaid shares,
710 78
ca p ita l--------------21,500
00
9,059 28 Paid-up and prepaid shares,
dividends________
6,819
98
Advances, personalaccounts.
720 18
1,419
00
Salaries — ________
T axes-------------------510
77
Other expenses_____
446
10
All other disbursements, real
esta te___________
3,813
29
Balance, cash in office and
bank____________
12,633
18
$235,571 82

Total disbursements

Installment Shares, With Age, Value, and Withdrawal Value.
Age In
Total dues Book
value
months.
per share.
per share.

10____ ____________________________
11____ _______________ ____ __
12____ _______ _________________
13____ _ _ _________________ _
15___ _ _________________________
17____ ____________________________
18____ _________ _______________
20____ ____________________________
_________________ _____
22___
24____ __ *_______________________
26—__ ____________________________



00
00
00
78

126
114
102
90
78
66
60
48
36
24
12

$126 00
114 00
102 00
90 00
78 00
66 00
60 00
48 00
36 00
24 00
12 00

$200 07
172 89
147 75
124 59
103 26
83 61
74 38
56 99
40 94
26 17
12 55

$235,571 82

Withdrawal
value.

$200 07
172 89
147 75
124 59
96 94
79 20
70 78
54 74
39 70
25 08
12 27

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

48

No. 32. PALO A L TO .

PALO ALTO MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated November 14, 1892.)
C. H. Q elbbbt, President.
Fiscal year ended September 30, 1913.
No. of series, none.
No. of members and Investors, 478. No. of shares, 1,879,
Assets.
Liabilities.
A lfred Beale,

Secretary,

Loans on mortgages and
shares__________________$441,318
Arrearages, on interest-------2,814
Cash in office and bank-------1,729
Beal e sta te---------------------- 55,367
2,967
Furniture and fixtures-------Advances, personal accounts3,310
All other assets, street bonds,
e t c .___________________
3,980

Total assets

Installment shares, dues----- - $61,914 54
Installment shares, profits__ 15,897 58
Paid-up and prepaid shares,
24,901 00
ca p ita l________________
Paid-up and prepaid shares,
dividends______________
177 48
Investment certificates, prin
cipal __________________ 357,172 34
73 Investment certificates, divi
dends _________________
2,107 00
Overdrafts and bills payable. 36,500 00
Reserve and undivided profits
1,713 60
Loans due and incomplete—
5,197 47
Sundry ledger accounts____
5,108 73
All other liabilities, reserve
for ta x e s______________
800 00

80
70
71
87
50
43

$511,489 74

Receipts for Fiscal Year.

Total liab ilities_______ $511,489 74

Disbursements for Fiscal Year.

Balance from last report—— $23,933 47 Overdrafts and bills payable- $48,168 95
Installment shares, dues------- 13,570 56 Loans on mortgages and
shares_________________ 141,907 48
Paid-up and prepaid shares,
2,284 70
d u e s ---------------------------3,891 00 Interest p aid _____________
repaid,
installment
Investment certificates------- 37,559 75 Dues
Interest — ,--------------------- 46,844 48
shares_________________
3,001 22
857 65 Profits repaid, installment
Premiums and rents----------shares-------------------------582 06
Loans repaid ------------------- 183,339 33
Overdrafts and bills payable- 21,930 00 Paid-up and prepaid shares,
3,107 50
ca p ita l------------------Advances repaid, personal ac
52,362 04 Paid-up and prepaid shares,
counts ___ L_____________
dividends---------------------1,030 07
All other receipts, street
bonds, e t c .-------------------2,129 78 Investment certificates, prin
cipal ---------------------------- 87,701 36
Investment certificates, divi
dends -------------------------18,954 75
Advances, personal accounts- 29,638 37
Salaries-------------------------3.350 00
T a x es----------------------------3,851 03
Other expenses___________
2,048 28
All other disbursements, real
estate, e tc .-------------------- 38,972 58
Balance, cash in office and
b an k ---------------------------1,729 71
Total receipts

$386,418 06

Total disbursements___ $386,418 06

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 7 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




REPORT ON BUILDING AND LOAN ASSOCIATIONS.

49

No. 33. PASADENA.

CALIFORNIA SECURITY-LOAN CORPORATION.
(Incorporated March 22, 1909.)
W. S. Stbeeteb , Secretary.
H. C. H otaling , President.
Fiscal year ended December 31, 1913.
No. of series, none. No. of members and investors, 174. No. of shares, 1,075.
Assets.

Liabilities.

Guarantee stock, capital___ $25,000
Loans on mortgages and
shares----------------------------$396,936 38 Guarantee stock, Surplus----- 11,000
Cash in office and bank------30,611 46 Investment certificates, prin
cipal __________________ 370,439
Furniture and fixtures--------500 00
Investment certificates, divi
dends ---2,362
Reserve and undivided profits
2,515
Loans due and incomplete__
16,409
Sundry ledger accounts------319
Total a sse ts----------------$428,047 84

Receipts for Fiscal Year,
Balance from last report------$64,031
Investment certificates-----399,086
32,600
In terest-------------------------Loans repaid-------------------- 153,633
Advances repaid, personal ac
counts ------------------------7,799
All other receipts, commis
sions __________________
3,704

Total receipts

99
84
82
56

Disbursements for Fiscal Year.

$660,856 03

Total disbursements

Installment Shares, With Age, Value, and Withdrawal Value.




63

Total liabilities________ $428,047 84

92 Loans on mortgages and
19
shares - _________________ $221,202
46 Dividends on guarantee stock
2,500
15 Investment certificates, prin
cipal __________________ 355,614
46 Investment certificates, divi
dends _________________
21,554
85 Advances, personal accounts- 20,578
Salaries-------------------------4,175
T a x e s----------------------------226
Other expenses----------------4,331
All other disbursements------61
Balance, cash in office and
30,611
bank__________________

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.

4— 12788

00
00

80
00
74
88
05
00
30
05
75
46

$660,856 OB

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

50

No. 34. PASADENA.

LOS ANGELES COUNTY MUTUAL BUILDING AND LOAN
ASSOCIATION.
E. D. H ell,

(Incorporated February 16, 1899.)

Secretary.

No. of series, none.

Solon B riggs, President.
Fiscal year ended December 31, 1913.
No. of members and Investors, 446.
No. of shares, 6,018.

Assets.

Liabilities.

Loans on mortgages and
shares -------------------------- $129,770
Arrearages, on interest------989
Cash in office and bank____
1,300
Furniture and fixtures-------250
Advances, personal accounts148

00
61
43
00
72

Total assets----------------- $132,458 76

Receipts for Fiscal Year.
Balance from last report___
Installment shares, dues------Paid-up and prepaid shares,
dues ---------------------------In terest-------------------------F e e s ------------------------------Loans repaid-------------------Overdrafts and bills payable.
Advances repaid, personal aecounts ------------------------All other receipts----------------

Total receipts--------------

Installment shares, dues------- $56,603 48
Installment shares, profits._ 27,139 89
Paid-up and prepaid shares,
ca p ita l------------------------- 28,725 00
Paid-up and prepaid shares,
dividends---------------------52 50
Overdrafts and bills payable. 11,000 00
Reserve and undivided profits
8,937 60
Sundry ledger accounts------29
Total liabilities______ __ $132,458 76

Disbursements for Fiscal Year.

$4,197 87 Overdrafts and bills payable.
40,786 21 Loans on mortgages and
shares -------------------------8,600 00 Interest p aid _____________
12,294 79 Dues
repaid,
installment
19 25
shares _________________
10,848 00 Profits repaid, installment
shares_________________
16,000 00
Paid-up and prepaid shares,
4 70
ca p ita l------------------------231 16 Paid-up and prepaid shares,
dividends______________
Salaries-------------------------T a x e s----------------------------Other expenses ----------------All other disbursements____
Balance, cash in office and
bank---------------------------$92,981 98




22,578 75
235 73
50,470 04
6,416 84
2,850 00
1,231
1,584
247
1,035
31

80
00
47
35
57

1,300 43

Total disbursements------- $92,981 98

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 7 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.

$5,000 00

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

51

No. 35. PASADENA.

MUTUAL BUILDING AND LOAN ASSOCIATION.
F. B.

W abbineb ,

(Incorporated July 18, 1892.)

R. H. P inney , President.
Fiscal year ended December 31, 1913.
No. of members and investors, 545. No. of shares. 3,686.

Secretary.

No. of series, none.

Assets.

Loans on mortgages and
shares__________________$332,339
Arrearages—
On interest----- $2,862 65
194 15
On fines______
------------3,056
Cash in office and bank____
7,880
Furniture and fixtures-------500
Advances, personal accounts244

Liabilities.

53

80
25
00
47

Total a sse ts ----------------$344,021 05

Receipts for Fiscal Year.

Guarantee stock, capital----- $21,500 00
1,612 50
Guarantee stock, surplus----Installment shares, dues------- 53,409 13
Installment shares, profits---- 17,779 23
Paid-up and prepaid shares.
9,200 00
ca p ita l________________
Paid-up and prepaid shares,
3,445 46
dividends______________
Investment certificates, princip a l__________________ 170,551 64
Investment certificates, divi4,869 56
dends -------------------------Overdrafts and bills payable- 15,500 00
Reserve and undivided profits 35,574 44
10,014 99
Loans due and incomplete—
564 10
Sundry ledger accounts-------Total liabilities________ $344,021 05

Disbursements for Fiscal Year.

Balance from last report___ $18,549 86 Overdrafts and bills payable- $49,500 00
Guarantee stock__________
6,500 00 Loans on mortgages and
Installment shares, dues----shares-------------------------- 101,157 92
17,903 97
Investment certificates____ 109,146 94 Interest paid _____________
1,158 00
In terest_________________
27,290 02 D ividend s on guarantee stock
2,625 00
Premiums _________ ______
763 00 Dues
repaid,
installment
Fines ___________________
242 08
shares_______ ._________
28,527 49
Loans repaid------------------- 61,348 96 Profits repaid, installment
Overdrafts and bills payable. 40,000 00 ’ shares_________________
6,949 85
Advances repaid, personal ac
Paid-up and prepaid shares,
counts —
1,962 65
2,250 00
capital ________________
All other receipts_________
636 84 Paid-up and prepaid shares,
dividends---------------------2,674 72
Investment certificates, prin
cipal ---------------------------- 64,554 26
Investment certificates, divi
dends -------------------------7,106 08
Advances, personal accounts2,101 92
Salaries_________________
3,115 00
Other expenses and taxes___
4,261 08
All other disbursements____
482 75
Balance, cash in office and
bank__________________
7,880 25
Total receipts_________ $284,344 32

Total disbursements____ $284,344 32

Installment Shares, With Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 8 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus profits as per by-law.



REPORT ON BUILDING AND LOAN ASSOCIATIONS.

52

No. 36. PASO ROBLES.

PASO ROBLES MUTUAL BUILDING AND LOAN
ASSOCIATION.
(Incorporated September 2, 1905.)
M. R. Van Wobmeb, Secretary.
A. Montehth President.
Fiscal year ended August 31, 1913.
No. of series, 11.
No. of members and investors, 63.
No. of shares, 231.
Assets.
Liabilities.
Loans on mortgages and
Installment shares, dues. _ _ $14,902 20
4,153 76
shares —
— - ----------- $29,660 72 Installment shares, profits__
6 85 Paid-up and prepaid shares,
Arrearages, on shares---------Cash in office and bank------712 74
c a p i t a l ________ —
1,000 00
156 55 Investment certificates, prin
Furniture and fixtures-------cipal ------------------------ _
8,575 00
Advance payments------------30 55
Reserve and undivided profits
1,275 35
Total a sse ts____ _____

$30,536 86

Receipts for Fiscal Year.
Balance from last report----- $2,110
2,888
Installment shares, dues— —
Paid-up and prepaid shares,
d u e s ------------------- ----100
2,400
Investment certificates — —
Interest — ------------------2,840
26
F in e s ____ _____________
4
Fees -------- ------- -----------3,763
Loans repaid — -------— _

Total liabilities___ _____ $30,536 86

Disbursements for Fiscal Year.
79 Loans on mortgages and
70
shares----------------- --------- $9,912
Interest p aid -------------------10
repaid, installment
00 Dues
00
shares - .— _______ ___
611
78 Profits repaid, installment
40
shares _
____ ____ _
93
20 Paid-up and prepaid shares,
capital ____ ___ ___
79
500
Paid-up and prepaid shares,
dividends___ ____ ______
107
Investment
prin
cipal ------------------- — _
1,400
Investment certificates, divi
dends — ___ _____ __
311
Salaries___ ____ _____ _
250
Taxes - ______________ _ 40
Other expenses _ ____ ___
120
Ail other disbursements____
64
Balance, cash in office and
bank _ _____ ____ i _
712

certificates,

Total receipts___ ____

Serial
No.

$14,134 60




35
24
00
96
00
75
40
06
10
10
74

Total disbursements----- $14,134 66

Installment Shares, With Age, Value, and Withdrawal Value.

1_________________________________
3 _______________________________
4 _______________________________
8_________________________________
10_________________________________
1 4 ________________________________
16 _______________________________
17 _______________________________

41
55

Age In
months.

96
81
T5
60
51
33
24
12

Total dues
per share.

$96 00
81 00
75 00
60 00
51 00
33 00
24 00
12 00

Book value
per share.

$130 33
105 42
95 92
73 24
60 33
36 04
25 73
12 39

Withdrawal
value.

$128 62
101 T9
92 T9
70 00
58 00
35 28
25 30
12 29

53

REPOET ON BUILDING AND LOAN ASSOCIATIONS.
No. 37. P ETA LU M A .

PETALUMA MUTUAL LOAN ASSOCIATION.
(Incorporated September 27, 1889.)
F. A. Cbomwehl, Secretary.
F bank H. D enman , President.
Fiscal year ended September 30, 1913.
No. of series, 12.
No. of members and investors, 111.
No. of shares, 806.
Assets.
Loans on mortgages and
shares _ _ — ------ ------- $37,750
Arrearages—•
On sh ares_— $127 50
On interest -------- 129 50
On fines — ------- 12 30
269
4,205
Cash in office and bank----1,089
Real estate — ----- — — _
30
Furniture and fixtures-------100
All other assets— _ __ —

Liabilities.
Installment shares, dues____ $36,252 00
00 Installment shares, profits__
6,035 47
Advance payments — ____
23 00
Reserve and undivided profits
759 75
Loans due and incomplete__
375 00
30
97
95
00
00

Total assets — — ----- $43,445 22

Receipts lor Fiscal Year.

$43,445 22

Disbursements for Fiscal Year.
35
50
48
15
00
00

Overdrafts and bills payable- $12,125 00
Loans on mortgages and
shares______ ___________
2,370 00
Interest paid ----- — __ _
393 23
Dues
repaid,
installment
11,012 00
shares _______ _______
Profits repaid, installment
shares----— __________
2,553 06
420 00
S alaries---------- _ _ ___
Taxes and other expenses__
214 27
All other disbursements, real
estate — — __
____
1,089 95
Balance, cash in office and
bank---------------------------4,205 97

Total receipts-------------- $34,383 48

Total disbursements------- $34,383 48

Balance from last report----Installment shares, dues----Investment certificates ___
Fines
_ _ _ — — —
Loans repaid — -------- ---Overdrafts and bills payable-

No.

Total liabilities — --------

$5,836
10,130
2,769
35
8,937
6,675

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.
Age In
Total dues
Booh value
per share.
months. per share.

16____ ___________________ ____
17____ ___________________________
18________________ ______________
19_____ ______________ _____ _ _
20____ ______________ __________
____________
21_____ __________
22____ ___________________________
23_____ ___ _____________________
24_____ ___________________________
25_____ ___________________________




120
108
96
84
72
60
48
36
24
12

$120 00
108 00
96 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00

$158 00
138 33
119 65
101 88
84 91
68 69
53 36
38 90
25 25
12 29

Withdrawal
value.

$158 00
138 33
119 05
100 99
83 94
67 82
52 56
38 32
24 m
12 20

54

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 38. P LEASAN TO N .

PLEASANTON MUTUAL BUILDING AND LOAN ASSOCIATION.
T. H.

S ilver, Secretary.

No. of series, 20.

(Incorporated March 1, 1891.)
Fiscal year ended March 25, 1914.
No. of members and Investors, 63.

Assets.
-----

$31,700 00
1,617 77
___ $33,317 77

Receipts for Fiscal Year.
Balance from last report___
Installment shares, dues___
Interest — ----------- — _
Fees — -------- --- —
Loans repaid _ _
---------Advances repaid, personal accounts ----- ------- _ ---All other receipts— _ — _

L etham , President.
No. of shares, 432.

Liabilities.

Loans on mortgages and
shares ------------------- __
Cash in office and bank ___
Total assets

C.

$2,943 77
5,675 0 0

Installment shares, dues___
Installment shares, profits__
Reserve and undivided profits
Total liabilities _____ ___

Loans

Disbursements for Fiscal Year.

on mortgages and
shares _ _
2,471 95 Interest p a id ___
28 60 Dues repaid, installment
11,900 00 shares _ ____
Profits repaid, installment
81 50 shares_____
1 30 Salaries __ ___
Taxes — —
Other expenses
Balance, cash in office and

bank

Total receipts-----

Serial
No.

__ _ $23,102 12

Total

disbursements

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.

18_________________________________
20______________________________
22_________________________________
24____ __________ ,.________________
28_________________________________
30_________________________________
32_________________________________
34_________________________________
36_________________________________




Age In
months.
120
108
96
84
60
48
36
24
12

$25,086 00
6,612 90
1,618 87
$33,317 77

Total dues
per share.

$120 00
108 00
96 00
84 00
60 00
48 00
36 00
24 00
12 00

Book value
per share.

$6,550 0 0
26 0 0

11,207 00
3,439 75
202 60
57 00
2 00

* 1,617 77

$23,102 12
Withdrawal
value.

$165 50
143 80
123 50
104 50 Dues, plus
70 05 90 per cent
54 35 of profits.
39 40
25 45
12 35

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

55

No. 39. POMONA.

HOME BUILDERS LOAN ASSOCIATION.
(Incorporated March 16, 1908.)
E. G beaser, Secretary.
J. W. F ulton , President
Fiscal year ended March 31, 1914.
No. of series, hone. No. of members and investors, 543. No. of shares, 2,781.
C.

Assets.

Liabilities.

Loans on mortgages and
shares — — _
_ _ $340,086
Cash in office and bank— __ 17,421
15,100
Real estate, office building—
080
Furniture and fixtures—
702
Advances, personal accounts-

Total assets

12
08
00
69
46

----------- $374,290 35

Receipts for Fiscal Year.
Balance from last report----Guarantee stock _ _ — —
Installment shares, dues----Investment certificates — _
Interest
----- ------Premiums, guarantee capital
stock
_ — -------- —
Fines ----------------Fees
—
----- — Loans repaid _ _ — — _
Overdrafts and bills payable.
Advances repaid, personal accounts — —
_ —
All other receipts------—

Guarantee stock, capital----- $97,400 00
Guarantee stock, surplus----5,350 00
Installment shares, dues
33,630 50
7,716 28
Installment shares, profits---Guarantee capital, dividends
5,863 28
unpaid
— _ -----------Investment certificates, principal
___ __ _
194,495 32
Investment certificates, divi2,792 35
dends _ — ---------------Overdrafts and bills payable- 10,000 00
Loans due and incomplete---- 14,597 13
Sundry ledger accounts____
2,319 01
All other lia b ilities.___ —
126 48
Total liabilities__ _____ $374,290 35

Disbursements for Fiscal Year.

$7,070
900
10,801
92,305
32,302

23
00
00
12
37

60
281
1,841
77,583
10,000

00
63
90
30
00

6,709 58
1,448 25

Total receipts_________ $242,203 38

Overdrafts and bills payable. $20,000 00
Loans on mortgages and
shares -----------_ _ 89,982 89
Interest paid _____
803 89
9,731 12
Dividends on guarantee stock
Dues
repaid,
installment
shares
------2,873 50
Profits repaid, installment
398 00
shares ---------------------Investment certificates, principal
— _ ----------- --- 77,566 40
Investment certificates, dividends
_
_ _ —
— 11.187 02
5,015 91
Advances, personal accounts3.760 00
Salaries
_ — —
_ _
593 76
Taxes _ ---- ------1.793 39
Other expenses ------- _
1,076 42
All other disbursements— _
Balance, cash in office and
17,421 08
bank -------- ------- ----Total disbursements _

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.
Dayton plan.
Dues, $1.00 and 50 cents per share per month.
Dividend, last fiscal year, 10 per cent.
Book value, dufes plus dividend.
Withdrawal value, same as book value.




$242,203 38

REPORT ON BUILDING AND LOAN ASSOCIATIONS,

56

No. 40. POMONA.

MUTUAL BUILDING AND LOAN ASSOCIATION.
W. D. F rederick,
No. of series, 21.

(Incorporated December 24, 1892.)
M el . Campbell , Vice-President.
Fiscal year ended December 31, 1913.
No. of members and Investors, 915. No. of shares, 12,266.

Secretary.

Assets.

Liabilities.

Loans on mortgages and
shares_________________ $562,641 58
Arrearages*—
On sh ares-------$1,613 00
On interest----- 1,611 55
On premium —
65 10
On fines---------152 80
3,442 45
Cash in office and bank------7,136 52
Real estate, office building—
24,442 86
2,400 00
Furniture and fixtures--------

Installment shares, dues----- $166,059 00
Installment shares,profits-,—
37,074 53
Paid-up and prepaid shares,
ca p ita l______________
371,200 00
Paid-up and prepaid shares,
dividends-------,-------------- 10,323 85
278 50
Advance payments------------Reserve and undivided profits
9,550 58
Loans due and incomplete—
3,700 00
Sundry ledger accounts-------1,876 95

Total assets

$600,063 41

Receipts for Fiscal Year.
Balance from last report___ $24,224
Installment shares, dues____
50,816
Paid-up and prepaid shares,
d u e s __________________ 177,900
In terest-------------------------- 37,880
Premium s_______________
836
Fines ___________________
309
F e e s ____________________
231
Loans repaid-------------------- 73,051
All other receipts, rents, ete._
3,611

Total receipts

$600,063 41

Disbursements for Fiscal Year.
36 Overdrafts and billspayable- $10,000 00
50 Loans on mortgages and
shares-------------------------- 135,460 74
31 52
00 Interest p aid -------'------------20 Dues
repaid,installment
25
shares-------------------------34,611 50
31 Profits repaid, installment
50
shares-------------------------- 11,060 60
16 Paid-up and prepaid shares,
00
ca p ita l------------------------- 142,900 00
Paid-up and prepaid shares,
dividends---------------------- 19,369 57
Salaries_________________
3,331 31
T a x e s-------------------------- —
2,530 09
Other expenses-------- -------1,766 33
All other disbursements____
662 10
Balance, cash in office and
bank__________________
7,136 52

$368,860 28

Installment Shares, W ith Age,
Serial
No.
2 3 _______ _______________ — __ ______
2 5 _______ ___________________ ____________
27_______ ___________________________________
2 9 _______ ______________________________ __
3 1 _______ ________ ______________________
3 3 _ ______ _________________________________
3 5 _______ ___________________________________
3 7 -----------___________________________________
3 9 _______ ___________________________________
4 1 _______ ______________ _________________



Total liabilities _

Total disbursements

Value, and Withdrawal Value.
Age in Total dues
Book
ralue
months. per share.
per share.
120
$60 00
$ 86 62
108
54 0 0
74 86
96
48 0 0
63 84
84
42 0 0
53 84
72
36 0 0
44 48
60
30 00
3 5 77
48
24 0 0
27 65
36
18 0 0
2 0 02
24
12 00
12 88
12
6 00
6 22

$368,860 28

Withdrawal
ralue
$ 86 62
72 86
61 84
51 87
4 3 11
34 84
27 04
19 67
12 73
6 18

57

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 41. PORTERVILLE.

PORTERVILLE MUTUAL BUILDING AND LOAN
ASSOCIATION.
C. O.

(Incorporated September 29, 1901.)

P bemo,

Secretary.

No. of series, none.

Fiscal year ended October 31, 1913.
No. of members and investors, 137.

Total assets __ - — ----- $74,929 68

Receipts for Fiscal Year.

Total receipts __ _____

Cabb,

$476
ir ,2 9 2
7,179
39
16,683
16,260

No. of shares, 2,564.

Installment shares, dues— _ $54,011 5 0
Installment shares, profits__
19,522 22
Reserve and undivided profits
1,295 96
Loans due and incomplete__
100 00
Total liabilities _______

$74,929 68

Disbursements for Fiscal Year.

Overdrafts and bills payable- $16,260 00
Loans on mortgages and
shares — ------------------- 2 1 ,000 0 0
Interest p aid ___ ____ ____
27 2 6 0
Dues repaid, installment
shares______ ______ _
10,408 5 0
Profits repaid, installment
18 0 0 shares-------------------,___
2,335 72
Advances, personal accounts18 00
Salaries--------------- -------36 0 0 0
721 57
T a x e s----------------- ---------Other expenses ______ - —
4 0 65
Balance, cash in office and
bank — ___ ________
531 38

18
50
01
25
48
00

$51,948 42

Total disbursements----— $51,948 4 2

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 8,4 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




President

Liabilities.

Assets.
Loans on mortgages and
$73,600 0 0
shares-----------------------798 3 0
Arrearages, on interest— —
531 38
Cash in office and b an k -----

Balance from last report----Installment shares, dues____
Interest ________________
Fees
------------------------ --Loans repaid-------------------Overdrafts and bills payableAdvances repaid, personal aecounts--------------------------

H. C.

58

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 42.

REDLANDS.

HOME INVESTMENT ASSOCIATION.
J. Wabben

S m ith ,

No. of series, none.

(Incorporated March 22, 1890.)
Secretary.

W. T. B h x , President.

Fiscal year ended December 31, 1913.
No. of members and investors, 668. No. of shares, 3,487.

A ssets.

L iabilities.

Loans on mortgages and
shares _
— ---------- $470,840
7,221
Cash in office and bank_ —
3,347
Real estate — ------ --- _ —
1,291
Furniture and fixtures019
Advances, personal accounts-

Total assets--------------

09
16

96
75
59

$483,320 55

Guarantee stock, capital____ $100,000
Installment shares, dues____
23,905
Installment shares, profits__
4,604
Paid-up and prepaid shares,
capital _ _ _
___
124,586
Paid-up and prepaid shares,
dividends __ __ ____ _
3,583
Investment certificates, principal _____ ______ _ 193,867
Investment certificates, dividends
___ ___ _
4,631
Reserve and undivided profits 23,867
Loans due and incomplete__
3,498
Sundry ledger accounts
776
Total liabilities

27
52
04
58

99
57

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Total receipts — _ _ — $452,777 51

A rc ,

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 8 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.



00

$483,320 55

Balance from last report----- $12,404 21 Loans on mortgages and
100 00
shares ___ _____ ____ __ $165,568
Guarantee stock _ _ ----Installment shares, dues — _ 10,480 75 Dividends on guarantee stock
9,740
Dues
repaid,
installment
Paid-up and prepaid shares,
27.900 00
shares _____________
18,722
dues
_ _ -------—
Investment certificates
---- 215,313 86 Profits repaid, installment
shares — ______________
Interest -------------------------- 45,575 45
2,887
100 00 Paid-up and prepaid shares,
Premiums _ _ _ — — 210 75
capital
_________
Fines _ ----- — _ —
6,100
1,684 50 Paid-up and prepaid shares,
Fees _ -------- ------- ------- --134,965 95
dividends___
_ __
Loans repaid-------------—
7,402
Investment certificates, prinAdvances repaid, personal ac427 35
cipal
_______ - ______ 214,947
counts------------------ Investment certificates, diviAll other receipts, real estate,
3,614 69
dends -------------------etc.
-------------- — —
11,687
Advances, personal accounts805
Salaries
----------- ------- --3,089
T a x es________ __________
461
Other expenses__________
3,140
All other disbursem ents-_
1,003
Balance, cash in office and
bank
_
------------ --7,221

Installment Shares, With

00
46
12

82
62
82
22
00
56
81
16
55
00
29
24
26
16

Total disbursements____ $452,777 51

Value, and Withdrawal Value.

59

BEPOBT ON BUILDING AND LOAN ASSOCIATIONS.
No. 43. REDWOOD C ITY .

SAN MATEO COUNTY BUILDING AND LOAN ASSOCIATION.
G eo.

W.

L ovie,

(Incorporated May 8, 1890.)

P. P. C hamberlain , President.
Fiscal year ended May 31, 1914.
No. of members and investors, 524. No. of shares, 3,988.

Secretary.

No. of series, 42.

Liabilities.

Assets.

Loans—On mortgages, $1,200.00; on definite contract,
$313,000.42; on shares,
$20,485.00: on contract
sales, $1,880.19 __________ $336,565
Arrearages—
On sh ares_______ $400 60
On interest---------4,588 82
81 45
On premium--------------5,070
Cash in office-------------------111
Real estate, owned------------- 15,887
Furniture and fixtures_____
600
Advances, ledger accounts—
1,919
Other a sse ts-------------------150
Total assets

Total receipts

00
78
62
16
16

00

30
35
Total liabilities_______ $360,104 32

Disbursements for Fiscal Year.

$6,968
42,550
16,300
28,228
359
231
99
95,390
4,271

37
60
00
78
11
87
25
11
62

Loans on mortgages and
shares__________________$110,472
Interest paid _____________
40
Dues
repaid,
installment
shares-------------------------- 38,113
Profits repaid, installment
shares_________________
20,211
Investment certificates, prin
cipal __________________
14,100
Investment certificates, divi
1,367 68
2,409
dends _________________
Advances,personal accounts.
2,258
1,400 50 Salaries-------------------------2,907
T axes----------------------------628
Other expenses----------------446
All other disbursements, real
estate, e tc .-------------------.
5,469
Balance, cash in office and
111
bank__________________

$197,167 89

Installment Shares, W ith Age,
Serial
No.
4 7 . - _ _ ____ — _ ____________
— _________________________
51
- ______________________ ____
55
_______
_________________ __
5 9 ___
. _ _______________ _______
63____________ ___________
67— — ____
— _____________ ______ ___
71 —
__________________ ___
7 5 ____ ____
_________
______ _______
79
8 3 — - ___ ___________________________




80
80

87
15
04

$360,104 32

Receipts for Fiscal Year.

Balance from last report___
Installment shares, dues----Investment certificates____
In terest_________________
Premiums and rents_______
F in e s ___________________
F e e s ____________________
Loans repaid-------------------Overdrafts and bills payableAdvances repaid, personal ac
counts ______________ _—
All other receipts, real estate
sold, etc .-----------------------

Installment shares, dues____ $219,376
Installment shares, profits—
71,712
Investment certificates, prin
cipal __________________
51,800
61 Advance payments------------367
Overdrafts and bills payable.
4,271
9,612
Reserve and undivided profits
2,963
Loans due and incomplete—

Total disbursements

Value, and Withdrawal Value.
Age In Total dues
Book value
months. per share.
per share.
120
$ 120 0 0
$181 59
108
108 00
156 40
96
96 00
133 0 9
84
84 00
112 10
72
72 0 0
91 64
60
6 0 00
73 21
48
48 00
56 20
36
36 00
4 0 49
24
24 00
25 9 0
12
12 00
12 3 6

43
09
60
39
00
44
23
(X)
91
60
05
15

$197,167 89

Withdrawal
value.
$173 0 3
149 91
128 32
108 17
89 34
71 78
55 37
39 46
25 52
12 26

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

60

No. 44. RIVERSIDE.

RIVERSIDE COUNTY MUTUAL BUILDING AND LOAN
ASSOCIATION.
(Incorporated April 5, 1901.)
M. S. B owman , Secretary.
W. B, C lancy , President.
Fiscal year ended April 30, 1914.
No. of series, none. No. of members and investors, 198. No. of shares, 2,778,
Assets,
Liabilities.

Loans on mortgages and
Installment shares, dues __ $33,522 14
shares — — — ---------- $135,950 00 Installment shares, profits__
8,777 90
14,935 28 Paid-up and prepaid shares,
Cash in office and bank___ _
Advances, personal accounts91 12
ca p ita l-------------------- ---- 100,000 00
Paid-up and prepaid shares,
dividends_____ ________
3,982 37
Reserve and undivided profits
4,493 90
Sundry ledger accounts___
200 00
Total assets---------------- $150,976 40

Total liabilities________ $150,976 40

R eceipts for F iscal Y ear.
Balance from last report___
Installment shares, dues----Paid-up and prepaid shares,
d u e s ------------------ — _
In te re st----- -------------------Loans repaid------------------Advance repaid, personal accounts ________________

Total receipts_________

D isbursem ents for F iscal Y ear.

$8,307 55 Loans on mortgages and
3 2 ,399 72
shares
_____ ______ $ 2 8 3 3 1 55
Dues

repaid,

installment

11,300 0 0
shares - ________ _____
13,086 55 Profits repaid, installment
28,2 0 0 00 shares ______ _____ ___
2 0 0 00

$93,493 82

Paid-up and prepaid shares,
ca p ita l___ ________ ___
Paid-up and prepaid shares,
dividends----------- ---------Advances, personal accountsS alaries--- ------------- ---- ---T a x e s-------— ---- -----------Other expenses___ ___ ____
All other disbursements------Balance, cash in office and
bank----------— _____ ___




2,255 37
12,700 00
4,015
91
1 ,863
2 10
59
86

62
12
97
80
90
75

14,935 28

Total disbursements _ — $93,493 82

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 8 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.

2 8 ,9 4 3 37

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

61

No. 45. SACRAM ENTO.

SACRAMENTO BUILDING AND LOAN ASSOCIATION.
F rank H ickman ,
No. of series, none.

(Incorporated August 24, 1874.)
Secretary.

Jos. H.

Fiscal year ended February 28, 1914.
No. of members and investors, 367

Assets.
Loans on mortgages ' and
$293,805
shares
------- — —
Arrearages, on interest — _
877
Cash in office and bank _ _ 19,678
Furniture and fixtures-------315

Total assets__________

00
13
54
50

$314,766 17

•Receipts for Eighteen Months.
Balance from last report___ $29,250
85,158
Installment shares, dues- —
Paid-up and prepaid shares,
d u e s -------- ------------------- 71,200
Interest _________ ___ —
25,981
Loans repaid-- ------------------ 65,885
Overdrafts and bills payable- 11,000
All other receipts---------------158

A rnold,

No. of shares, 4,523.

Liabilities.
Installment shares, dues — _ $137,884
Installment shares, profits—
26,636
Paid-up and prepaid shares,
cap ita l-------- ---- — _ _
113,300
Paid-up and prepaid shares,
2,922
dividends------------- —
132
Advance payments-------- —
Reserve and undivided profits 33,890

Total disbursements _

00
80
90
45

•End of fiscal year changed from August 31 to February 28.

Months.
$11,000 00
101,135 00
155 35
94,661 00
21,915 07
30,100 00
5,745
2,650
244
1,347

88
50
44
08

19,678 54

— $288,632 86

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1,00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




00
02

Total liabilities-------- — $314,766 17

•Disbursements for Eighteen
79 Overdrafts and bills payable00 Loans on mortgages and
shares ------------------------00 Interest paid ----------------—
07 Dues
repaid,
installment
00
shares----------------------- --00 Profits repaid, installment
00
shares-------------------- —
Paid-up and prepaid shares,
capital — ___ _________
Paid-up and prepaid shares,
dividends ____ _ _ —
Salaries____ _ ______
Taxes —
----- --- -------Other expenses---------------Balance, cash in office and
bank________ ___ - ____

Total receipts----- -- — $288,632 86

President

62

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No.46. SAN BERNARDINO.

SANTA PE BUILDING AND LOAN ASSOCIATION.
(Incorporated January 8, 1890.)
J ohn F lagg, Secretary
J. F. P abkeb, President.
Fiscal year ended December 81, 1913.
No. of series, 11.
No. of members and Investors, 1,474. No. of shares, 12,121.
Assets.
Liabilities.
Loans on mortgages and
shares_________________ $935,639 18
Arrearages—
On sh ares_____ $2,754 00
On interest----- 3,424 30
On fines_______
177 60
6,355 90
Cash in office and bank.
7,167 70
11,463 78
Real e s ta te --------------Furniture and fixtures—
500 00
Total assets----------------- $961,126 56

Receipts for Fiscal Year.

Installment shares, dues____ $131,162
Paid-up and prepaid shares,
dues ---------------------------- $67,600
Investment certificates____
43,964
Interest _________________
70,744
Fines and fees____________
425
Loans repaid-------------------- 146,280
All other receipts, real estate,
e t c . ----------------------------2,785

Total receipts

Installment shares, dues____ $508,194
Installment shares, profits__ IE®,864
Paid-up and prepaid shares,
capital ________________ 121,800
Investment certificates, prin
cipal __________________ 161,664
Investment certificates, divi
dends -------------------------850
Reserve and undivided profits 11,791
Loans due and incomplete---5,962

00
00
00
23
45

Total liab ilities_______ $961,126 56

Disbursements for Fiscal Year.
00 Overdrafts and bills payable. $4,409
Loans on mortgages and
shares-----------------------------271,725
00
150
00 Interest paid -------------------repaid,
installment
03 Dues
shares-------------------------- 67,981
75
52 Profits repaid, installment
shares_________________
36,239
95 Paid-up and prepaid shares,
ca p ita l------------------------- 35,650
Paid-up and prepaid shares,
dividends______________
5,377
Investment certificates, prin
cipal _______
4,150
Investment certificates, divi
dends _________________
8,916
S alaries_________________
2,923
T axes___________________
1,206
Other expenses----------------1,162
All other disbursements, real
estate, e t c ._____________
15,904
Balance, cash in office and
bank__________________
7,167

$462,962 25

Total disbursements

Installment Shares, With Age, Value, and Withdrawal Value.

Serial
Age in
Total
dues
No.
months.
per share.
14__________________ ______________ 120 $120 00
1 5 _________________ ______________ 108
108 00
16__________________ ______________
96
96 00
17_________________________________
84 00
84
72 00
18__________________ ______________
72
19__________________ ______________
60
60 00
20_________________________________
48
48 00
21_________________ _______________
36 00
36
22_________________ ___________ — 24
24 00
12
12 00
23_ ______________________________



00
88

20
15
00
00
10
00
40
00
05
00
48
85
32
70

$462,962 25

Book
value Withdrawal
per share.
value.
$193 23 $193 23
165 41
165 41
139 14
137 75
113 35
116 61
95 25
90 60
70 95
75 69
53 86
57 78
41 37
38 60
26 35
25 15
12 60
12 30

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

63

No.47. SAN DIEGO.

SAN DIEGO BUILDING AND LOAN ASSOCIATION.
(Incorporated July 14, 1885.)
B eardsley, Secretary.
W. R. R ogers, President
Fiscal year ended June 30, 1914.
No. of series, 22.
No. of mefhbers and investors, 463. No. of shares, 4,068.
J. R.

Assets.

Liabilities,

Installment shares, dues____ $159,294 00
Loans—On mortgages, $296,500; on shares, $5,300___ $301,800 00 Installment shares, profits—
39,239 64
Arrearages—
Investment certificates, prin
cipal ---------------------------- 87,300 00
On sh ares--------- $423 00
Investment certificates, divi
On interest_____ 477 80
---------------------- 90080 dends _______
2,891 11
Cash in bank_____________
6,066 76 Advance payments--------,—
675 10
Real estate, owned------------1,929 29 Overdrafts and bills payable- 12,000 00
9,000 00
Furniture and fixtures_____
375 00 Reserve and undivided profits
Advances, ledger accounts__
28 00 All other liabilities, tax re
serve —
_________
700 00
Total assets----------------- $311,099 85

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report___
Installment shares, dues____
Investment certificates____
Interest _________________
F in e s ___________________
Fees ____________________
Loans repaid____________
Overdrafts and bills payable.
All other receipts_________

$1,624
39,996
22,700
22,591
80
51
65,500
4,000
30

Total liabilities________ $311,099 85

63
00
00
85
05
10
00
00
00

Overdrafts and bills payable.
Loans on mortgages and
shares-------------------------Interest paid _____________
Dues
repaid,
installment
shares-------------------------Profits repaid, installment
shares ------------------------Investment certificates, prin-

Installment Shares, W ith Age,
Serial
No.
2 1 _______ -----------------------------------------------------23 _______ _________
___________________
2 5 _______ — ___________________________
2 7 _______ ---------------------------- --------------------2 9 _______ _______ _________________ ______
3 1 . _____ ___________________________________
3 2 _______ -----------------------------------------------------3 5 _______ ----------------------------------------------------3 7 _______ ------------------------ ___________________
3 9 ______ __________________________________



65,325 00
729 95
39,785 00
11,800 76
21,700 00

Investment certificates, dividends -------------------------Advances, personal accounts.
S alaries__ ^--------------------T axes___________________
Other expenses----------------All other disbursements-----Balance, cash in office and
b an k ---------------------------Total receipts_________ $156,576 63

$2,000 00

4,403
28
1,800
1,958
512
466

75
00
00
62
68
11

6,066 76

Total disbursements____ $156,576 63

Value, and Withdrawal Value.
Age In Total dues
Book value
months. per share.
per share.
120
$ 120 0 0
$ 169 71
108
108 00
1 47 38
96
96 00
126 50
84
84 00
106 93
72
72 00
88 50
60
6 0 00
71 2 0
48
48 00
54 98
36
3 6 00
39 81
24
24 0 0
25 6 3
12
12 00
12 38

Withdrawal
value.
$ 149 8 0
132 12
115 04
98 56
82 68
67 40
52 72
38 64
25 16
12 28

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

64

N o.48. SAN DIEGO.

SILVER GATE BUILDING AND LOAN ASSOCIATION.
(Incorporated May 22, 1890.)
Cbo^ h an , Secretary.
M. A G baham , President
Fiscal year ended May 31, 1914.
No. of series, 22.
No. of members and investors, 293. No. of shares, 3,120.
H. A.

Liabilities.
Assets.
Loans—On mortgages, $203,Installment shares, dues__ $179,832
600.00; on shares, $28,Installment shares, profits—
48,437
624.30__________ ___ $232,224 30 Investment certificates, princ ip a l----- ------------------22,650
Cash in office and bank— — 20,110 10
1,152
Reserve and undivided profits
Loans due and incomplete—
261
Total assets---------------- $252,334 40
Receipts for Fiscal Year.
Balance from last report----- $7,178
40,701
Installment shares, dues___
Investment certificates____
10,200
Interest — _______ ______ 19370
24
F e e s ----------------- — —
Loans repaid-------------- 49,680
Overdrafts and bills payable.
5,000

61
00
00
25
30
00
00

Total receipts------------- $132,155 16

Serial
No.




00
77
90

Total liabilities — ------- $252,334 40
Disbursements for Fiscal Year,
Overdrafts and bills payable. $10,000 00
Loans on mortgages and
shares — ____ __________ 25,896 30
Interest paid________ __ _
1,785 05
Dues
repaid,
installment
43,377 00
shares ----------------— _
Profits repaid, installment
12,189 55
shares ------------- -------Investment certificates, princip a l---------------------------- 12,800 00
908 00
Salaries — ______________
4,828 67
Taxes ----- -- — — ------259 89
Other expenses _ -----------—
Balance, cash in office and
bank----- ------------------ — 20,110 10
Total disbursements------- $132,155 16

Installment Shares, With Age, Value, and Withdrawal Value.

19__________________ ______________
21__________________ ______________
23__________________ ______________
25__________________ ______________
27--- :_______________ ______________
29__________________ ______________
3 1 _________________ ______________
33________________ __ _________
35__________________ .______________
37__________________ ______________

00
73

Age in
months.

120
108
96
84
72
60
48
36
24
12

Total dues
per sham.

$120 00
108 00
96 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00

Book
value
per share.
$169 87
147 49
120 15
106 38
88 00
70 61
54 79
39 73
25 60
12 39

Withdrawal
value.

$150 00
134 55
115 20
98 70
82 80
67 50
52 80
38 70
25 20
12 30

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

65

No. 49. SAN FRANCISCO.

ARGONAUT MUTUAL BUILDING AND LOAN ASSOCIATION.
E mil

(Incorporated January 81, 1891.)
B. M. G u n z b u r g e r , President.
Fiscal year ended February 9, 1914.
No. of members and investors, 61.
No. of shares, 315.

G u n z b u r g e r , Secretary.

No. of series, 9.
A ssets.

L iabilities.

Loans on mortgages and
shares
------------ $45,950
Arrearages—
On shares ____ $1,416 00
On interest___ 1,469 50
On premium__
624 10
3,509
Cash in office and bank _ _
1,248
Real estate
----- -----------1,925
Advances, personal accounts788
Total assets

___ __

Installment shares, dues___ $15,348 00
4,227 28
00 Installment shares, profits__
Advance payments — _
49 25
Overdrafts and bills payable. 19,005 00
Reserve and undivided profits 14,636 93
Sundry ledger accounts____
155 47
60
53
56
24

$53,421 93

Total liabilities____

Total receipts — _____

Overdrafts and bills payable. $14,144 52
Loans on mortgages and
shares
.. _
2,450 00
760 76
Interest paid _____ ___
Dues
repaid,
installment
shares
5,800 25
Profits repaid, installment
shares
_ _ _ —
2.165 73
376 85
313 23
49 25 Advances, personal account.
1,280 00
Salaries _ -------- -- —
572 90
Taxes -------------- _
Other expenses _ _
192 58
Balance, cash in office and
b ank ----------1,248 53

$3,766
2,655
1,128
3
10,450
10,500

00
20
00
20
00
00

$28,928 50

$28,928 50

Total disbursements _

Installment Shares, With Age, Value, and Withdrawal Value.

Serial

No.
— .
14
___________________
____
1 5 ______
____
. .
.
16 —
___ __
___ ___
1 7 ____
_ _ __ _ ______
. .
19
______________________ _
2 0 ___ _
21
_______ .
.
__________________________________
22
23 — __ _ _ ______________________

5—12788



$53,421 93

D isbursem ents for Fiscal Y ear.

R eceipts for F iscal Y ear.
Installment shares, dues___
Interest
Permiums
Fees _
Loans repaid
__ Overdrafts and bills payableAdvances repaid, personal accounts ____
— _ _
All other receipts _

-

Age In
120
108
96
84
60
48
36
24
12

months.

Total dues
per share.

$120
108
96
84
60
48
36
24
12

00
00
00
00
00
00
00
00
00

Book value
per share.

$183
158
135
113
74
56
40
26
12

63
52
01
16
18
85
84
11
52

Withdrawal
value.

$167
143
121
101
67
52
38
25
12

72
36
35
49
09
42
42
05
26

66

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 50. SAN FRANCISCO.

BAY CITY BUILDING AND LOAN ASSOCIATION.
(Incorporated May 9, 1889.)
E. Gunzbubqeb, Secretary-

Fiscal year ended May 25, 1914.
No. of members and investors, 67.

No. of series, 10.

Assets.
Loans—On mortgages, $54,980.00 ; on shares, $650.00;
on contract sales, $4,297.59 $59,897
Arrearages—
On sh ares-------$1,046 00
929 45
On interest___
On premium —
421 70
2,397
1,234
Cash in bank___________ __
Real estate, owned— _ _
5,498
Advances, ledger accounts---548
Total assets

_ —

Total receipts —

Serial
No.

No. of shares, 410.

Liabilities.
Installment shares, dues-- _ $22,488 00
Installment shares, profits__
8,538 67
59 Advance payments----- ------1J7 65
Overdrafts and bills payable- 19,330 00
Reserve and undivided profits 19,000 17
Sundry ledger accounts___
101 23
15
23
44
31

_ _ $69,575 72

Receipts for Fiscal Year.
Installment shares, dues----- $5,101
Interest _
_ ___ __
3,721
Prem ium s________ _____
1,576
F e e s ----_ __ —
9
9,664
Loans repaid — — _ _ —
Overdrafts and bills payable- 12,825
Advances repaid, personal accounts _ _ ----_ _
139
All other receipts- — — _
162

H. L evy , President

Total liabilities___ ___

Disbursements for Fiscal Year.
Overdrafts and bills payable- $9,117 09
Loans on mortgages and
shares _ — __ __ _
16,500 00
Interest paid _ __ ______
796 96
Dues
repaid,
installment
shares-------------------------2,124 50
Profits repaid, installment
_ —
00
shares____ __ __
832 03
10 Advances, personal accounts136 34
Salaries — ____ __ _____
1.332 50
Taxes — _ ______ ____ __
574 75
Other expenses__ ________
198 31
All other disbursements, real
estate — _
----851 68
Balance, cash in office and
b an k ----------- ------- --------1,234 23

00
25
10
10
84
00

$33,198 39

Total disbursements _ _ $33,198 39

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.

__
1 6 ______ __ _____________
_
1 7 - __ „ ______ ______
___________
1 8 _______ _______ ____
__ _ _
___
1 9 ______ - „
20__ . . . „ _____________ __________ ___
21_______ ______________ ____________________
_____
________________________
22—
2 3 _______ ________________- ________________
____
_________________ ____
24—
.
_________
25 - .



$69,575 72

Age In
months.

120
108
90
84
72
60

48

36
24
12

Total dues
per share.

$120 00

108
96
84
72
60
48
36
24
12

00
00
00
00
00
00
00
00
00

Book value
per share.

$188 64

162 52

138
115
94
75
57
41
26
12

15
50
58
32
55
25
30
58

Withdrawal
value.

$171 48

146
123
102
84
67
52
38
25
12

16
39
90
41
66
77
63
15
29

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

67

No. 51. SAN FRANCISCO.

BAY VIEW BUILDING AND LOAN ASSOCIATION.
(Incorporated November 18, 1911.)

H . E. R a b x m a n n , Secretary.

No. of series, none.

Assets.
Loans on mortgages and
shares _
----------------- --Cash in office and bank____
Real estate, office building—

Total assets —

J a m e s A l l a n , President.

Fiscal year ended December 31, 1913.
No. of members and investors, 37,

Liabilities.
Installment shares, dues___
$5,205 75 Installment shares, profits__
369 27 Paid-up and prepaid shares,
c a p ita l______ _
447 91
Paid-up and prepaid shares,
dividends ____ — —
Reserve and undivided profits
$6,022 93

-----

R eceipts for F iscal Y ear.
Balance from last report----Installment shares, dues _
Paid-up and prepaid shares,
d u e s ------------- ---------In terest----------- -- ---------Fees _ -------- — --------Loans repaid----— —
All other receipts__ _____

Total receipts----------- ---

No. of shares, 293.

Total liabilities ________

2,300 00
127 33
14 26
$6,022 93

D isbursem ents for F iscal Y ear.
$837 07 Loans on mortgages and
1,721 00
shares_____
Dues
repaid,
installment
100 00
shares ----382 02 Profits repaid, installment
shares — ---7 00
937 28 T a x e s____ _ _
1 00 Other expenses
Balance, cash in office and
bank _ — _ _

$3,985 37

Total disbursements _

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 2f per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$3,438 90
142 44

$2,600 00
850 00
1 08
20 10
144 92
369 27
$3,985 37

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

m

No. 52. SAN FRANCISCO.

CALIFORNIA HOME BUILDING-LOAN COMPANY.
R. L. H a n o y , Secretary.

No. of series, none.

<Incorporated July 8, 1889.)

P. B. R o b e r t s , President.
Fiscal year ended June 30, 1914.

No. of members and Investors, 500.

L iabilities.

A ssets.
Loans—On definite contract,
$550,559.19; on shares,
$13,375.00; on contract
sales, $28,616.66 _________$592,550
Arrearages, on fines----------447
Cash in office and bank------- 12,311
Real estate, owned------------- 16,728
Furniture and fixtures-------1,947
Advances, ledger accounts—
4,500

Total assets

No. of shares, 1,754.

85
60
37
86
05
35

$628,486 08

R eceipts for F iscal Y ear.

Guarantee stock, capital___ $37,500 00
Guarantee stock, surplus___
2,740 00
Installment shares, dues___
24,998 50
Installment shares, profits__
5,360 10
Paid-up and prepaid shares,
ca p ita l________________
50,350 00
Paid-up and prepaid shares,
dividends______________
7,697 67
Investment certificates, prin
cipal ---------------------------- 454,650 86
Investment certificates, divi
11,406 41
dends _________________
Overdrafts and bills payable- 18,000 00
Reserve and undivided profits
5,969 65
Loans due and incomplete---8,156 15
1,656 74
All other liabilities________
Total liabilities

$628,486 08

D isbursem ents for F iscal Y ear.

Balance from last report----- $12,084 05 Overdrafts and billspayable- $35,000 00
Guarantee stock __________
12,500 00 Loans on mortgages and
Installment shares, dues____
7,086 70
shares----------------- 182,392
83
Paid-up and prepaid shares,
Interest paid_______
10,209
68
dues __________________
7,210 68 Dividends on guarantee stock
2,979 15
Investment certificates____ 195,029 69 Dues
repaid, installment
Interest _________________
56,224 54
shares ------------------------- 15,624 20
Premiums _______________
2,766 75 Profits repaid, installment
F in e s ----------------------------265 67
shares----------------8,386
50
F e e s ____________________
48 03 Paid-up and prepaid shares,
Loans repaid_____________ 158,268 84
capital ------------------------6,500 00
Overdrafts and bills payable- 42,000 00 Paid-up and prepaid shares,
Advances repaid, personal ac
dividends________
3,407
12
counts _________________
16,534 40 Investment certificates, prin
All other receipts, real estate
cipal ---------------------------- 178,130 41
sold, etc. ______________
11,262 65 Investment certificates, divi
dends -------------------------12,908 36
Advances, personalaccounts14,906 77
S alaries----------------9,270
00
T a x es_____________
3,000
97
Other expenses_____
8,147
79
All other disbursements, real
estate, e tc .___________ _
18,680 85
Balance, cash in office and
b ank ____________
12,311
37
Total receipts

$521,882 00

Total disbursements

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.
Dayton plan.
Dues. 60 cents per share per month.
Dividend, last fiscal year, 8 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus three fourths of profits*.



$521,882 00

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

69

No. 53. SAN FRANCISCO.

CALIFOBNIA MUTUAL SAVINGS FUND LOAN AND
BUILDING ASSOCIATION.
W.

E.

B outon,

(Incorporated March 26, 1887.)
R ichard I. W helan , President.
Fiscal year ended March 31, 1914.
No. of members and investors, 81.
No. of shares, 956.

Secretary.

No. of series, 15.
A ssets.

L iabilities.

Loans—On mortgages, $28,Installment shares, dues------- $22,787 00
150.00; on definite con
Installment shares, profits__
4,081 43
tract, $20,204.81________ $48,354 81 Advance payments________
30 00
Arrearages—■
Overdrafts and bills payable- 12,600 00
On sh ares______ $25 00
Reserve and undivided profits
7,040 54
On interest-------- 497 75
3,400 00
Loans due and incomplete__
---------------------- 52275All other liabilities________
207 52
895 85
Cash in bank_____________
Real estate, owned________
80 00
Advances, ledger accounts__
293 08
Total assets___________

$50,146 49

Total liabilities________

R eceipts for F iscal Y ear.
Balance from last report___
Installment shares, dues____
In terest-------------------------Fines ----------------------------F e e s ------------------------------Loans repaid-------------------Overdrafts and bills payableAdvances repaid, personal ac
counts -------------------------

D isbursem ents for F iscal Y ear.

$1,110
8,295
3,119
40
53
11,423
20,039

40
15
78
51
00
10
50

Overdrafts and bills payable. $17,439 50
Loans on mortgages and
16,950 00
shares_________________
Interest p aid _____________
626 65
Dues
repaid,
installment
shares_________________
5,365 15
Profits repaid, installment
shares ________________
1,151 33
127 28 Advances, personal accounts.
173 93
S alaries----------1—________
1,110 00
T a x e s___________________
382 96
Other expenses___________
113 35
Balance, cash In office and
bank__________________
895 85

Total receipts-------------- $44,208 72

Serial
No.

$50,146 49

Total disbursements____

$44,208 72

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.
Age In
months.

35_________________________________
120
40___________________________________
90
42-----------------------------------------------------72
46___________________________________
48
49___________________________________
36
51-----------------------------------------------------24

55__________________________




12

Total dues
per share.
$120
90
72
48
36
24

00
00
00
00
00
00

12 00

Book value
per share.

Withdrawal
value.

$17418
11861
9005Dues, plus
5582profits, as
40 31p e r b y2579laws

1239

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

10

No. 54. SAN FRANCISCO.

CITIZENS’ BUILDING AND LOAN ASSOCIATION.
(Incorporated January 14, 1885.)
F remont W ood, Secretary,
T homas M. G ardiner , President
Fiscal year ended February 16, 1914.
No. of series, 46.
No. of members and investors, 900. No. of shares, 8,207.
A ssets.
Loans on mortgages and
shares------------------------- $491,803
Arrearages—
On sh ares_____ $759 50
On interest____ 2,551 51
On fines and fees- 1,091 06
-----------4,402
Cash in office and bank____
4,756
Real e sta te---------------------- 15,761
Furniture and fixtures_____
400
Advances, personal accounts1,287
All other assets----------------108

L iabilities.
Installment shares, dues_ — $317,688
59 Installment shares, profits__ 81,300
Advance payments — ---------1,141
Overdrafts and bills payable- 74,895
Reserve and undivided profits 21,867
Loans due and incomplete__ 20,610
07 All other liabilities, tax re
53
serve __________________
1,016
65
00
83
91

Total assets___________ $518,520 58

10
50
80
51
38
93
36

Total liabilities________ $518,520 58

D isbursem ents for F iscal Y ear.

R eceipts for F iscal Y ear.

Balance from last report___
$3,032 77 Overdrafts and bills payable- $67,094 60
Installment shares, dues____
69,597 30 Loans on mortgages and
shares________ ,__ ______ 160,063 01
In terest_________________
35,449 35
F in e s ___________________
470 10 Interest paid-------------------234 28
563 65 Dues repaid,
installment
F e e s ____________________
Loans repaid — ---------------- 150,312 19
shares-------------------------- 46,505 75
Overdrafts and bills payable- 40,746 27 Profits repaid, installment
Advances repaid, personal ac
shares-------------------------12,604 12
counts -------------------------2,691 88 Advances, personal accounts3,454 46
All other receipts, real estate,
Salaries_________________
3,998 85
e t c ._________________ —
1,813 73 T a x es___________________
1,616 06
Other expenses----------------2,012 14
All other disbursements, real
estate, e t c .-------------------2,337 44
Balance, cash in office and
bank__________________
4,756 53
Total receipts-------------- $304,677 24

Total disbursements___ $304,677 24

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.

Serial
No.
____
- — „
7 6 ________________
80 — _______________________ ____
________ — —
8 4 — ______
8 8 ________________ — .__________________
9 2 ____
_______ — .___ ____________
- _ _ ______
9 6 ___________ „
1 0 0 _______ — — .- _ ____________
104 _ - ____
_____
- —
___________
108________________ — —
1 12____________________ .____
-




Age in
months.
120
108
96
84
72
60
48
36
24
12

Total dues
per share.
$12 0 00
108 0 0
9 6 00
84 0 0
72 0 0
60 00
4 8 00
36 0 0
24 0 0
12 0 0

Book
value
per share.
$165 17
1 4 3 94
123 53
1(M 43
88 65
69 82
54 54
39 77
25 72
12 48

Withdrawal
value.
$ 1 5 3 72
134 62
116 61
9 8 66
82 98
67 37
52 9 0
38 82
25 29
12 35

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

71

No. 55. SAN FRANCISCO.

EMPIRE BUILDING AND LOAN ASSOCIATION.
(Incorporated August 24, 1889.)
W. E. B outon , Secretary.
M abion L eventbitt , President.
Fiscal year ended August 31, 1913.
No. of series, 19.
No. of members and investors, 53.
No. of shares, 663.

Liabilities.

Assets.

Loans on mortgages and
shares ----------------------Arrearages, on interest-------Cash in office and b an k ----Advances, personal accounts-

Total a sse ts__________

$61,859 55
270 00
11 72
76 15
$61,717 42

Receipts for Fiscal Year.
Installment shares, dues____ $5,988
In terest----- _ _ ______
4,598
14
F in e s ----- ------------- —
Fees _
----- ---------------8
945
Loans repaid______ ______
Overdrafts and bills payable- 14,402
Advances repaid, personal aecounts-------------------- -----15
All otter receipts, fire loss,
etc. --------- ---------------5,079

Total r e c e ip ts__

Serial
No.

___

65
23
46
90
00
91
00
22

$81,052 37

Installment shares, dues
Installment shares, profits---Advance payments---------Overdrafts and bills payableReserve and undivided profits
All other liabilities, fire loss,
ete.
_ —
— —
Total liabilities

_

_

Disbursements for Fiscal Year.
$22,302 30
1,830 92
1,127 34
3,512 91
250 27
51 00
1,017 50
705 24
243 17

Overdrafts and bills payableLoans on mortgages and
s h a r e s __ _______ _____
Interest paid ------Dues
repaid, installment
shares_____ __________
Profits repaid, installment
shares___ __ ____ ______
Advances, personal accountsS alaries------- ---------------Taxes ---------------------- —
Other expenses___
Balance, cash in office and
bank____ ______ ____




Age tn
months.

120
108
98
84
72
60
48
36
24
12

Total dues
per share.

$120 00

108
98
84
72
60
48
36
24
12

00
00
00
00
00
00
00
00
00

Booh value
per share.

$167
146
126
107
89
71

11 72

$31,052 37

Total disbursements__

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.

1 5 _______ - — _____
_ „
_
1 6 _______ ___________ _ _________________
17—
___________ - — - ___
1 8 ______
_• „ — ______ ____
19 _____
___ _______ 2 0 _______ ____ _______
_________________
2 1 _______ ___________________________________
2 4 _______ - - — —
_______ ___
2 8 _______ ____________ — _ —
3 2 _______ _________________ — __________

$31,237 00
5,893 38
20 00
13,702 91
5,819 37
5,044 76
$61,717 42

Withdrawal
value.

19
25
26
20 Dues, plus
08 profits, as
89 p e r b y -

55 64 laws.

4 0 33
25 95
12 47

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

72

No. 56. SAN FRANCISCO.

EUREKA BUILDING AND LOAN ASSOCIATION.
(Incorporated November 3, 1890.)
B outon , Secretary.
G eo. F bedbicks, President.
Fiscal year ended October 31, 1913.
No. of series, 11.
No. of members and investors, 37.
No. of shares, 464.
W. E.

A ssets.

L iabilities.

Loans on mortgages and
shares----- — — _ _ $26,709
Arrearages—
On shares
___ $51 00
On interest_____ 486 09
537
6,499
Cash In office and bank
1
Advances, personal accountsTotal assets — _ —

Installment shares, dues____ $20,025 60
43 Installment shares, profits__
5,412 01
Advance p a y m en ts______
22 97
Overdrafts and bills payable3,800 00
Reserve and undivided profits
4,431 19
99 All other liabilities—
__
57 00
80
55

$33,748 77

Total liabilities--------- --- $33,748 77

D isbursem ents for F iscal Y ear.

R eceipts lor F iscal Y ear.
Balance from last report___
Installment shares, dues _ _
Interest
----_ ---- _
Fines _ _ — _ _ _ _
Fees
____
_ — _
Loans repaid
—
Advances repaid, personal accounts — -------- _ _ _
All other receipts---------- —

Total receipts-------—

Serial
No.

$4,023
3,786
2,621
108
10
11,919

63
80
25
24
40
16

Overdrafts and bills payableLoans on mortgages and
shares _ ----------------- —
Interest paid — _ _
Dues
repaid,
installment
shares ___
_ ---------Profits repaid, installment
444 20
shares _ ___ _ — —
126 01 Advances, personal accountsS alaries-------------- ----------Taxes
----- -------- —
Other expenses _ _ — _
Balance, cash in office and
b a n k ____ _
_— _

$23,039 Iw

Total disbursements

80—




120
108
96
60
48
36
24
12

Total dues
per share.

$120
108
96
60

00
00
00
00
00
36 00
24 00
12 00

00

34—
36—
38—
39—
40—

Age In
months.

Book Talus
per share.
$160
139
119
69
53
39
25
12

6,442 67
390 21
2,183 50
*625
280
744
262
111

70
25
00
15
41

6,499 80

- _ $23,039 69

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.

26—
28—

$5,500 00

Withdrawal

39
03
61
12 Dues, p l u s
77 dividends, as
23 per by-laws.
44
39

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

73

No. 57. SAN FRANCISCO.

FAIRMOUNT LOAN ASSOCIATION.
J ohn H. G bady,

(Incorporated March 2, 1891.)
J ohn H. D awson , President.
Fiscal year ended April 80, 1914.
No. of members and investors, 19.
No. of shares, 80.

Secretary.

No. of series, 9,

Assets.
Loans—On mortgages, $6,250;
on shares, $1,000; on con
tract sales, $1,361.09_ —
Arrearages—
On shares
$433 50
On interest------ 112 10
31 90
On premium___
Cash in office___ __ _ _
Advances, ledger accounts__
Other assets _ — — _
Total assets ______ ____

Liabilities.
Installment shares, dues------Installment shares, profits---$8,611 09 Reserve and undivided profits
Sundry ledger accounts, ma
tured shares----------------577
181
95
40

$4,553 25
1.439 78
617 70
2,895 35

50
99
50
00

$9,506 08

Total liabilities _ _ _ _

$9,506 08

Receipts for Fiscal Year.
Disbursements for Fiscal Year.
Balance from last report___
$529 60 Interest paid____ _
$7 60
Installment shares, d u e s . _
repaid, installment
946 00 Dues
Interest _____ _____ _
555 60
___ ___
3.914 00
shares
_
Premiums
_ _ ----105 50 Profits repaid, installment
Loans repaid _ _ _ ____
6,300 00
1,791 00
shares __ — ----------All other receipts, real estate
Advances, personal accounts2,499 00
600 00
sold, etc .___________ ____
771 05 Salaries----------- _ — 149 66
Taxes ______ _______
64 50
Other expenses____ _______

Balance, cash in office and
bank

Total receipts

Serial
No.

______

$9,207 75

—

_________

$9,207 75

Total disbursements _

Installm ent Shares, W ith A ge, V alue, and W ith draw al V alue,

27_________________________________
29_________________________________
31_________________________________
35_________________________________
38_________________________________
40_________________________________

42______________




Age In
months.
119
107
95
71
53
29

11

Total dues
per share.
$119
107
95
71
53
29

00
00
00
00
00
00

11 00

Book value
per share.
$172
148
127
88
62
31

181 99

09
87
29
74
80
72

11 36

Withdrawal
value.

$172 09
148 87
127 29
88 74
62 80
31 72

11 36

74

REPOET ON BUILDING AND LOAN ASSOCIATIONS.
No. 58. SAN FRANCISCO.

FIDELITY BUILDING AND LOAN ASSOCIATION.
(Incorporated March 19, 1887.)
B outon , Secretary.
W m . A. B ablage, President.
Fiscal year ended March 31, 1914.
No. of series, 30.
No. of members and investors, 144. No. of shares, 1,825.
W m. E.

A ssets.

L iabilities,

Loans—On mortgages, $100,700.00; on definite contract,
$29,978.32; on shares, $2,550.00; on contract sales,
$11,116.44 _____________ $144,344 76
Arrearages—■
On sh ares---------- $135 00
On interest-------- 5,033 52
On premium___
10 00
5,178 52
—-------Cash in bank-------------------898 12
Advances, ledger accounts—.
62 48

Installment shares, dues------- $75,340 00
Installment shares, profits__ 16,001 78
16 13
Advance payments------------Overdrafts and bills payable. 36,250 00
Reserve and undivided profits 22,005 32
All other liabilities, taxes, etc.
780 65

Total assets___________ $150,483 88

R eceipts for Fiscal Y ear.
Balance from last report----$18
Installment shares, dues------- 15,965
In terest-------------------------- 11,014
110
Prem ium s__ ___ _____
F in e s ----- ------- ---------229
Fees ----— — -------53
Loans repaid -------- --------14,850
Overdrafts and bills payable.
8,550
Advances repaid, personal ac1,021
counts — --------- ---- -------All other receipts, real estate
sold, e tc .----- ----------—
8,571

Total receipts ____

D isbursem ents for F iscal Year.
Overdrafts and bills payable. $22,445 15
Loans on mortgages and
shares___
23,755 00
Interest paid _ -------- --------3,061 55
Dues
repaid, installment
5,210 00
shares — -------------- --Profits repaid, installment
562 58
shares _ ____________
Advances, personal accounts.
788 92
— —
1,670 00
03 Salaries -------------Taxes _ _
— _ — ----1,513 67
185 75
85 Other expenses-- --------------All other disbursements___
293 02
Balance, cash in office and
898 12
b an k ----------- ---------------65
30
21
00
16
10
46
00

$60,383 76

Installment Shares, With Age,
Serial
No.
26_____ _____ _____________ .
28____
___ ___________
30___ __________________________
32_____ ___________ __ _____
34— —______
______ — ___
36_____ ---------------------------------------39_____ _________ __________
_
43____ ____ ___________________
47_____ _________________________
51— —__ _______________________



Total liabilities----------- $150,483 88

Total disbursements------- $60,383 76

Value, and Withdrawal Value.
Age in Total
dues Book
value
months.
per share.
per share.
120 $120 00 $178 08
108
108 00
155 08
96
96 00
133 24
84
84 00
112 56
72 00
72
93 02
60
74 64
60 00
48
57 40
48 00
36 00
36
41 32
24
24 00
26 40
12
12 00
12 57

Withdrawal
value.
Dues, plus
profits, as
p er bylaws.

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

75

No. 59. SAN FRANCISCO.

FRANKLIN MUTUAL BUILDING AND LOAN ASSOCIATION.
B. F e d d e , Secretary.

No. of series, none.

(Incorporated October 23, 1906.)

O t t o F. EL B u b m e is t e b , President.

Fiscal year ended December 31, 1913.
No. of members and investors, 251. No. of shares, 3,281.
Liabilities.

Assets.
Loans on mortgages and
shares _
— __ _ $186,611
Arrearages, on interest____
1,000
Cash in office and bank- _
4,407
Furniture and fixtures_
5 00
Advances, personal accounts108

Total assets _ ___

69
54
91
00
90

$192,719 04

Total receipts______

Total liabilities __

------- $192,719 04

Disbursements for Fiscal Year.

Receipts for Fiscal Year.
Balance from last report___
Installment shares, d u e s _
Paid-up and prepaid shares,
dues ______ _ ____ In terest____ _____ ______
Fines ____
______ ___
Loans repaid ----------Overdrafts and bills payableAdvances repaid, personal accounts _
_ _
All other receipts___ -

Installment shares, dues _ _ $95,606 95
Installment shares, profits__
13,580 70
Paid-up and prepaid shares,
_ _
4 0 ,4 0 0 00
capital ____ ___
Paid-up and prepaid shares,
1,007 95
dividends _ ----- _ _ _
77 24
Advance payments_—
Overdrafts and bills payable- 3 7 ,000 00
3,725 41
Reserve and undivided profits
Loans due and incomplete__
1,000 00
All other liabilities----------3 2 0 79

$4,449 32 Overdrafts and bills payable- $11,000
33,106 48 Loans on mortgages and
shares __ ___ _____ ___ 54,775
6,900 0 0 Interest paid ---------2,295
14,091 87 Dues repaid, installment
22 40 shares__ __ — _ — _ 28,865
51,406 02 Profits repaid, installment
23,000 00 shares____ _ ______ __
2,903
Paid-up and prepaid shares,
1,693 4 0
capital _ __
238 75 Paid-up and prepaid shares,
dividends___ _ _____
Advances, personal accountsSalaries _______ - ________
Taxes ---------------- _
Other expenses _ ______
All other disbursements — _
Balance, cash in office and
bank — ______________

$134,908 24




87
71
40
54

2 2 ,700 00
2 ,769 62
1,521 75
1,921 00
2 67 95
1,254 39
165 10
4 ,467 91

Total disbursements ____ $134,908 24

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 5 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.

00

76

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
No. 60. SAN FRANCISCO.

GLOBE MUTUAL BULBING AND LOAN ASSOCIATION.
A. R. K noll, Secretary.

<Incorporated March 30, 1898.)

F bank O tis , President.
Fiscal year ended March 31, 1914.
No. of members and investors, 155. No. of shares, 3,312.

No. of series, 15.
A ssets.

L iabilities.

Loans on mortgages and
shares -------_ — $129,932
Arrearages—■
On shares
_ $1,400 50
On interest___
582 68
1,983
Cash in office and bank____
7,218
Advances, personal accounts.
40

Total assets ___ _

43

18
39
00

$139,174 00

Installment shares, dues___ $28,138 50
Installment shares, profits__
6,314 32
Paid-up and prepaid shares,
capital — — ----- — _
62,900 00
Paid-up and prepaid shares,
2,494 90
dividends----- ----------Advance payments _ ------1,133 00
Overdrafts and bills payable. 15,500 00
12,461
10
Reserve and undivided profits
8,104 54
Loans due and incomplete__
All other liabilities, tax re
2,127 64
serve ------------------------

D isbursem ents for Fiscal Y ear.

R eceipts for F iscal Y ear.
Installment shares, dues____
Paid-up and prepaid shares.
d u e s ______ ____ __ _
In terest----- -------- --Premiums, bonus ______
F in e s ______ —
-- —
Fees — -------Loans repaid----------Overdrafts and bills payableAdvances repaid, personal accounts----------------- --All other receipts— _ _ _

Total receipts

Serial
No.

$139,174 00

Total liabilities _

$6,545 20 Overdrafts and bills payable- $20,476 79
Loans on mortgages and
67,408 63
4,000 00
shares — _ _
522 95
9,710 71 Interest paid —---- -----------repaid,
installment
580 53 Dues
3,020 00
78 29
shares
-------- -----32 55 Profits repaid, installment
1,050 90
shares
_ ------46,588 96
35,450 00 Paid-up and prepaid shares,
4,822 00
dividends
—
460 62
384 32 Advances, personal accounts.
1,415 00
4.059 85 Salaries _ ----------754 16
T a x e s------_ ------------Other expenses . . .
—
285 97
Balance, cash in office and
bank -------------7,218 39
$107,430 41

$107,430 41

Total disbursements —

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.

90_________________________________
31_________________________________
33 _______________________________
34 _______________________________
37_________________________________
39_________________________________
41_________________________________




Age In
months.

90
84
72
66
48
36
24

Total dues
per share.
$45
42
36
33
24
18
12

00
00
00
00
00
00
00

Bools value
per share.
$60
55
45
41
28
20
13

97
39
82
21
26
35
03

Withdrawal
value.

$56 75
.52 07
43 07
38 74
26 57
19 54
12 77

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

77

No. 61. SAN FRANCISCO.

HOME MUTUAL DEPOSIT LOAN COMPANY.
(Incorporated November 30, 1885.)
A. R. K noll, Secretary.
G eo. M. M itchell , President.
Fiscal year ended December 31, 1913.
No. of series, none. No. of members and investors, 177.
No. of shares, 642.
A ssets.

L iabilities.

Loans on mortgages and
shares__________________$245,224 71
Arrearages, on interest-------1,595 82
Cash in office and bank------4,138 64
Real esta te ---------------------353 83
Furniture and fixtures-------50 00
Advances, personal accounts462 07

Guarantee stock, capital___ $25,000 00
Guarantee stock, surplus, divi
dend unpaid___________
2,500 00
Installment shares, dues------- 36,241 61
Installment shares, profits__ 12,288 30
Paid-up and prepaid shares,
capital ________________
45,700 00
Paid-up and prepaid shares,
dividends---------------------1,695 10
Investment certificates, prin
cipal __________________
88,002 68
Overdrafts and bills payable- 17,250 00
Reserve and undivided profits 19,336 73
Loans due and incomplete__
2,214 02
Sundry ledger accounts____
996 43

Total assets

$251,824 87

$216
5,337
59,318
19,542

Loans repaid-------------------Overdrafts and bills payableAdvances repaid, personal ac
counts -------------------------All other receipts, real estate,
e t c .-----------------------------

63,527
44,500

Total receipts

176

3,871
6,858

65 Overdrafts and bills payable- $31,951 34
05 Loans on mortgages and
66,189 05
shares-------------------------86
778 21
57 Interest paid_____________
65 Dividends on guarantee stock 5,000 00
repaid, installment
33 Dues
00
shares_________________
8,079 00
Profits repaid, installment
68
shares-------------------------1,673 75
Paid-up and prepaid shares,
8,100 00
capital ________________
35
Paid-up and prepaid shares,
dividends---------------------2,244 85
Investment certificates, prin
cipal __________________
63,425 02
Investment certificates, divi
dends -------------------------2,721 72
Advances, personal accounts.
4.205 79
S alaries_________________
2,422 50
T axes___________________
482 29
Other expenses----------------1,936 98
Balance, cash in office and
bank______ - ___________
4,138 64

$203,349 14

Total dividends

Installm ent Shares, W ith A ge, V alue, and W ith draw al V alue.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 5 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus 95 per een t of profits.



$251,824 87

D isbursem ents for F iscal Y ear.

R eceipts for F iscal Y ear,
Balance from last report___
Installment shares, dues____
Investment certificates____
In terest--------------------------

Fines -------------------------------

Total liabilities

$203,349 14

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

78

No. 62. SAN FRANCISCO.

MECHANICS BUILDING AND LOAN ASSOCIATION.
(Incorporated January 6, 1891.)
W k . E. B otjton, Secretary.
F rederick F uxmobe , President.
Fiscal year ended December 31, 1913.
No. of series, 22.
No. of members and Investors, 128.
No. of shares, 997.
Assets.
Liabilities.
Loans on mortgages and
Installment shares, dues____ $42,226 00
$92,729 60 Installment shares, profits__.
9,663 33
shares — ------------ —
536 70 Advance payments _______
Arrearages, on in terest-----77 58
Cash in office and bank------763 04 Overdrafts and bills payable- 35,750 00
44 90 Reserve and undivided profits
5,933 41
Advances, personal accountsAll other liabilities________
423 92
Total a s s e ts ---------------- $94,074 24

Total liabilities------------- $94,074 24

D isbursem ents for F iscal Y ear.

R eceipts for F iscal Y ear.
Installment shares, dues------Interest _________________
F in e s _____________ ______
F e e s ------------------------------Loans repaid-------------------Overdrafts and bills payableAdvances repaid, personal accounts-------------------------All other receipts----------------

Total receipts_________

Serial
No.

$7,296
5,766
3
22
19,812
13,000

70
90
96
70
97
00

Overdrafts and bills payable.
Loans on mortgages and
shares-------------------------Interest p aid _____________
Dividends on guarantee stock
Dues
repaid,
installment
shares-------------------------244 81 Advances, personal accounts3,785 29 Salaries ------ .-------------------T axes----------------------------Other expenses ----------------Balance, cash in office and
b an k ----------------------------

$49,933 33

Total disbursements-------

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.
Age to
months.

22_________________________________
120
26 _________________________________
96
27 ______________________________
84
29___________________________________
72
31___________________________________
60
36___________________________________
36
40___________________________________
24
44___________________________________
12




Total dues
per share.
$120
96
84
72
60
36
24
12

00
00
00
00
00
00
00
00

Book value
per share.

$167 19
126 26
107 20
89 08
71 89
40 32
25 95
12 46

$9,002 92
25,106 80
1,692 43
10,180 00
662
232
1,122
850
320

91
41
00
13
69

763 04
$9,933 33

Withdrawal
value.
Dues, plus
profits, as
p er
b ylaws.

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

79

No. 63. SAN FRANCISCO.

MISSION HOME AND LOAN ASSOCIATION.
J o h n H. Gbabt, Secretary.

(Incorporated March 17, 1899.)

J o h n H. D a w s o n President

Fiscal y e a r e n d e d M a rc h 31, 1914.
No. of members and Investors, 17.

No. of series, 5.

A ssets.
Loans on mortgages and
shares----- _ ------- — _ _
Arrearages—
On sh ares-------- $100 25
On interest — _ 69 40
On prem ium ----- 18 45

L iabilities.
$8,233

197
5,900
766

Real e sta te ---------------Advances, personal accountsTotal assets —

—

Installment shares, dues____
84 Installment shares, profits—
Paid-up and matured shares,
ca p ita l----- ---------- — _
Overdrafts and bills payableReserve and undivided profits
10
00
80

$15,097 74

Total liabilities_______

R eceipts for F iscal Y ear.
Balance from last report----Installment shares, dues____
Interest -------------------------Premiums _______________
F in e s ___________________
F e e s ------------------------------Loans repaid-------------------Overdrafts and bills payableAdvances repaid, personal accounts_________________
All other receipts, real estate

Total receipts--------------

Serial
No.

No. of shares, 55.

10,116 05
257 31
1,034 59

$15,097 74

D isbursem ents for F iscal Y ear.
$151
707
1,010
224
39
3
2,400
257

47
00
92
35
10
00
00
31

Loans on mortgages and
shares _________________
Interest paid -------------------Dues
repaid,
installment
shares -------------------------Profits repaid, installment
shares _________________
Paid-up and matured shares,
capital ________________
49 98 Advances, personal accounts5,096 91 Salaries_________________
T axes----------------------------Other expenses___________
All other disbursements, real
estate, e tc .--------------------

$9,940 04

Total disbursements____

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.

27 _______________________________
28 _______ , ______________________
30_________________________________
33_________________________________
43_________________________________




$2,985 00
704 79

Age In
months.
126
120
108
90
6

Total dues
per share.

$126 00
120 00
108 00
90 00
6 00

Book value
per share.

$160 03
150 16
131 30
105 29
6 10

$869 00
46 90
1.803 00
844 13
4.875
32
145
226
92

46
00
00
30
25

1.446 00
$9,940 04

Withdrawal
value.
$160
150
131
105
6

03
16
30
29
10

80

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 64. SAN FRANCISCO.

OCCIDENTAL LOAN ASSOCIATION.
(Incorporated August 23, 1885.)
E. Gunzbubgeb, Secretary.

T, I. O’B bien , President.

Fiscal year ended September 2, 1913.
No. of members and investors, 70.

No. of series, 10.
A ssets.

L iabilities.

Loans on mortgages and
shares------— ------- $74,565
Arrearages—■
On sh ares-------$2,119 00
On interest___ 1,783 80
497 40
On premium__
4,400
2,445
Cash in office and bank- _
Advances, personal accounts5,395
Total assets -

—

No. of shares 651.

Installment shares, dues__ _ $40,680 00
38 Installment shares, profits__
15,574 09
Advance payments___ _ _
5 00
Overdrafts and bills payable- 14,050 00
Reserve and undivided profits 16,497 03
20
41
13

— - $86,806 12

R eceipts for F iscal Y ear.
Balance from last report----Installment shares, dues------Interest
_ — _ — _
-- ----- — _
Premiums
Fees — — ----------- _
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts —
All other receipts _ _

Total receipts ------ —

Total liabilities-------- —

D isbursem ents for Fiscal Y ear.

$5
8,266
5,242
1,983
7
17.109
5,500

00
00
85
80
90
13
00

Overdrafts and bills payable- $12,588 10
Loans on mortgages and
shares------- - — _ — 15,000 00
Interest paid-------------------971 54
Dues
repaid, installment
shares
— — — ---3,634 00
Profits repaid, installment
---- ------918 97
shares _
1,339 01 Advances, personal accounts1,291 53
179 55 Salaries — _ — - _ —
1,005 00
Taxes
-------- — _
1,001 78
176 91
Other expenses
_ _
Balance, cash in office and
bank _
— -------- _
2,445 41

$39,633 24

Total disbursements _____ $39,633 24

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.

Age In Total
dues
Serial
months.
per share.
No.
_______
120 $120 00
19__
108 00
20— ___ - — — . .. . _______
108
96
96 00
2 1 ______
_____ ___ ___ 84
84 00
22 ______ _____________ _______
72
72 00
23_________ ____ . _______
60
60 00
24___ _____________ ____ _______
_ - _ _ 48
48 00
25______ __________
36
36 00
26- _______ _____ _____ _____
24 00
24
27 _________ ____________________
12 00
12
28___ _______________. ___________




$86,806 12

Book
T&lue Withdrawal
per share.
value.
$191 25 $173 43
164 34
147 43
124 06
139 17
115 87
103 12
84 35
94 47
75 00
67 50
57 32
52 66
41 15
38 56
26 29
25 14
12 58
12 29

81

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 65. SAN FRANCI8CO.

PACIFIC LOAN ASSOCIATION.
(Incorporated December 8, 1884.)
E. Gunzbubgeb, Secretary.
Fiscal year ended December 3, 1913.
No. of series, 10.
No. of members and investors, 42.
Assets.
Loans on mortgages and
shares _ --------- -$38,197
Arrearages—•
On shares _ _ _ $1,256 00
On interest___
404 00
On premium---240 15
1,900
Cash in office and bank----796
7,694
Beal estate — _ —
69
Advances, personal accounts.
Total assets _

Total receipts_

Serial
No.

_ _

No. of shares, 338.

Liabilities.
Installment shares, dues----- $28,620 00
43 Installment shares, profits—
8,866 83
15 00
Advance payments — ------2,150 00
Overdrafts and bills payable.
Reserve and undivided profits
8,982 98
All other liabilities __ —
23 25
15
96
52
00

$48,658 06

Receipts for Fiscal Year.
Balance from last report___
$915
Installment shares, dues___
3,859
Interest _ _ _
2,596
Prem ium s______ ______
606
4
Fees _ ----- — —
Loans repaid
----- ---- ---11,219
All other receipts_______ ___
15

H. Levy, President.

98
00
90
30
20
00
00

$19,216 38

---- $48,658 06

Total liabilities

Disbursements for Fiscal Year.
Loans on mortgages and
shares — -------------- — $12,232 31
106 50
— Interest paid------Dues
repaid,
installment
3,178 00
shares____ _ — _
Profits repaid, installment
1,081 39
shares — _ -------1,345 00
S alaries____ _____ ______
235 99
T a x e s____
_
_184 73
Other expenses---- —
55 50
All other disbursements _
Balance, cash in office and
bank ---- ----------796 96
Total disbursements------- $19,216 38

Installm ent Shares, W ith Age, V alue. and W ithdraw al V alue.

1 9 ____ _________
—
_
20 — _.—
_
—
. 21_____ . ___ . . .
22 _ „ ____
.
.
_______
23— _
...
_______
_
24— „ . .
25_____
— ________ ______
. —
___ .
—
27_____ . _
28—
-. — ___
____
. —

6—12788



Age in
months.
120
108
96
84
72
60
48
24
12

Total dues
per share.

$120
108
96
84
72
60
48
24
12

00
00
00
00
00
00
00
00
00

Book value
per share.
$161
146
125
105
86
69
53
25
12

66
63
06
00
50
43
71
52
39

Withdrawal
value.
$151
135
114
96
79
64
50
24
12

25
04
88
60
77
71
85
76
20

82

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 66. SAN FRANCISCO.

PACIFIC STATES SAVINGS AND LOAN COMPANY.

(Incorporated June 14, 1889.)
P abdy, Secretary.
F. Reis , J b., President.
Fiscal year ended December 31, 1913.
No. of series, 48.
No. of members and investors, 1,733. No. of shares, 6,729.
W. S.

A ssets.

Liabilities.

Loans on mortgages and
shares________________ $983,3 40
Arrearages—
On shares and
certificates_$8,002 40
On interest — 3,946 13
—----------6,948
47,293
Cash in office and bank___
Real estate — ,--------------68,951
Furniture and fixtures------1,000
Advances, personal accounts
2,191
A11 other assets--------------530

58

53
28
68
00
89
65

Total assets__________ $1,110,256 57

Installment shares, dues----- $108,495 90
Installment shares, profits_
40,991 42
Paid-up and prepaid shares,
217,950 00
ca p ita l----------------------Paid-up and prepaid shares,
dividends-------------------76,875 76
Investment certificates, prin
cipal _________________
449,969 61
Investment certificates, divi
dends ________________
43,217 33
Advance payments----------5,475 50
Reserve and undivided profits 148,779 25
Loans due and incomplete_
7,350 48
Sundry ledger accounts___
4,784 00
All other liabilities, expense
fu n d _________________
6,367 32
Total liabilities_______ $1,110,256 57

R eceipts for F iscal Y ear.

D isbursem ents for F iscal Y ear.

Balance from last report----- $54,756 78 Overdrafts and bills payable. $29,000 00
Installment shares, dues------- 17,240 05 Loans on mortgages and
shares-------------------------- 423,639 02
Investment certificates------- 238,527 01

I n te re s t---------------------------- 103,398 82 Interest and discount paid__

861 59

Fines, e t c .----------------------2,460 65 Dues
repaid,
installment
55,531 60
Loans repaid-------------------- 378,230 55
shares_________________
Overdrafts and bills payable. 29,000 00 Profits repaid, installment
Advances repaid, personal ac
shares____________ ____ 30,449 60
counts -------------------------- 11,612 37 Paid-up and prepaid shares,
ca p ita l________________
All other receipts, real estate,
760 00
62,028 93 Paid-up and prepaid shares,
e t c .___________________
dividends______________
11,712 45
Investment certificates, prin
cipal _____________ '_____ 187,227 88
Investment certificates, divi
dends _________________
12,190 36
Advances, personalaccounts. 10,538 69
S alaries_________________
14,006 50
T axes----------------------------3,660 53
Other expenses___________
11,960 36
All other disbursements, real
estate, e tc .-------------------58,423 32
Balance, cash in office and
bank------------------------.— 47,293 26
Total receipts

Serial
No.

Glass “C.” Dues 60 cents
per month.

Certificates. Dues, 60 cents
per month.




$897,255 16

Total disbursements

$897,255 16

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.
Age in
months.

118
108
96
84
72
84
72
60
48
36
24
12

Total dues
per share.
$70
64
57
50
43
50
43
36
28
21
14
7

80
80
60
40
20
40
20
00
80
60
40
20

Book value
per share.
$100
89
76
64
53
64
53
42
33
24
15
7

85
46
63
64
43
64
43
95
16
01
46
47

Withdrawal
value.
$83
71
61
50
61
50
41
32
23
15
7

29
87
08
87
08
87
21
07
41
12
38

83

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 67. SAN FRANCISCO.

PROGRESS MUTUAL LOAN ASSOCIATION.
(Incorporated December 31, 1894.)
S teinbebqeb , Secretary.
J ames A. W h ite , President.
Fiscal year ended December 31, 1913.
No. of series, 10.
No. of members and investors, 158. No. of shares, 1,307.
N.

A ssets.

L iabilities.

Loans on mortgages and
shares _________________ $77,583
Arrearages—
On sh ares----------- $3 10
On interest______ 12 13
15
Cash in office and bank____
17
Advances, personal accounts.
59
All other assets_____ _____
60
Total assets

Installment shares, dues___ $46,522 80
10 Installment shares, profits._ 10,995 78
Paid-up and prepaid shares,
ca p ita l-------------------- .__
4,000 00
Overdrafts and bills payable. 13,500 00
23 Reserve and undivided profits
2,716 49
24
50
00

$77,735 07

R eceipts for F iscal Y ear.
Installment shares, dues___
In te re st______________
Fines ----------------------------F e e s ------------------------------Loans repaid-------------------Overdrafts and bills payable.
Advances repaid, personal ac
counts _________________

Total receipts_________

$77,735 07

D isbursem ents for F iscal Y ear.

$9,850
6,275
29
28
21,259
26,500

20
23
22
10
68
00

Overdrafts and billspayable. $37,039 63
Loans on mortgages and
shares ________________
22,100 00
Interest paid-------------------1,114 29
Dues repaid,
installment
shares_________________
1,396 10
Profits repaid, installment
82 00
99 97
shares-------------------------Advances, personalaccounts.
101 25
Salaries-------------------------1,331 00
T a x e s----------------------------387 75
Other expenses___________
425 25
All other disbursements____
11 95
Balance, cash in office and
bank__________ ._______
17 24

$64,024 43

Installment Shares, With Age,
Serial
No.
9 ..
. __ — - _
11
___
12_____ .________ _____________
13_________. ____ . .
.
14
. __ ____________
15 —
_ _______
_
1 6 __
________ — _______
17.
_____________ __
18 .
_____ ________________
19_______ _ ____ _________________




Total liabilities

Total disbursements____

$64,024 43

Value, and Withdrawal Value.
Age In Total
dues Book
value Withdrawal
months.
per share.
per share.
value.
132 $132 00 $188 03 $186 50
108
108 00
143 03
139 60
96
96 00
122 86
119 05
84
84 00
104 27
100 15
72
72 00
86 89
83 75
60
60 00
70 31
67 50
48
48 00
54 53
52 80
36
36 00
39 64
38 70
24
24 00
25 58
25 20
12
12 00
12 39
12 00

84

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 68. SAN FRANCISCO.

PROVIDENT MUTUAL LOAN ASSOCIATION.
(Incorporated September 24, 1887.)
J ambs R olph , President.
Fiscal year ended September 30, 1913.
No. of members and investors, 240. No. of shares, 2,962.

N. S t e in b e b ss e b , Secretary.

No. of series, 12.

L iabilities.

A ssets.
Loans on mortgages and
shares — ----- - — — 1185,002
120
Arrearages, on shares----- --698
Cash in office and bank _ __
275
Furniture and fixtures- _
Advances, personal accounts416

Total assets

—

44
00
93
00
65

_ — $186,513 02

Installment shares, .dues____ $110,184
Installment shares, profits—
26,437
Paid-up and prepaid shares,
1,600
capital
_ _ -------------Overdrafts and bills payable- 40,400
Reserve and undivided profits
5,305
Loans due and incomplete---1,811
All other liabilities, tax re775
_ — _
serve ___

00
24
00
00
78
00
00

Total liabilities------------- $186,513 02

D isbursem ents for F iscal Y ear.

R eceipts for F iscal Y ear.

Installment shares, dues----- $23,117 90 Overdrafts and bills payable- $63,112 29
15,187 87 Loans on mortgages and
Interest
__
• ----- --- _
41,864 00
35 93
shares ----------------------IPines
----------------2,944 72
—
----53 45 Interest paid
Fees
_ _ ----- —
repaid,
installment
35,003 69 Dues
Loans repaid
shares
_ —
_ ____ 11,581 10
Overdrafts and bills payable- 54,S00 €0
Profits repaid, installment
Advances repaid, personal acshares_____ _ ____
2,978 78
counts
_ _ — — _
450 00
Paid-up and prepaid shares,
capital
_
-------400 00
733 40
Advances, personal accounts2,357 50
Salaries
_ _ _ — _
1,295 67
Taxes — — — ___
612 50
Other expenses------All other disbursements
89 95
Balance, cash in office and
698 93
bank — ----- -------— _
Total receipts __ — — $128,048 84

Serial
No.

Total disbursements _ — $128,648 84

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.

19__
___
- _ - _______
20___ _
- - .- ____ . . .
- - . _
21 _ —
22_
___
- 23__
—
_____
24 —
_ ____ - .. —
25— ______
26_ _
„
.
27 —
28______ ____ — - - ______ -




Age In
months.
120
108
96
84
72
60
48
36
24
12

Total dues
per share.

$120
108
96
84
72
60
48
36
24
12

00
00
00
00
00
00
00
00
00
00

Book value
per share.
$166
144
124
105
87
70
54
39
25
12

60
53
00
03
31
55
71
76
70
44

Withdrawal
value.
$165
142
121
101
83
67
52
38
25
12

00
00
00
60
75
50
80
70
20
00

85

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 69. SAN FRANCISCO.

UNION LOAN ASSOCIATION.
(Incorporated May 6, 1881.)
E. G unzbtjbgeb, Secretary.
T. I. O’B bien , President.
Fiscal year ended May 12, 1914.

No. of series, 9.

No. of members and investors, 43.

Assets.
Loans—On mortgages, $26,500.00; on contract sales,
$27,462
$962.94 _______________
Arrearages—
On shares —
$252 00
On interest — _ 251 00
On premium___ 10T 00
610
Cash in bank- —
_ —
819
Real estate, owned.
_2,223
Advances, ledger accounts__
3,431
Total assets

—

—

Liabilities.
Installment shares, dues __
Installment shares, profits._
94 Advance payments
____
Overdrafts and bills payableReserve and undivided profits
Sundry ledger accounts _ _

00
58
05
00
43
93

Total lia b ilitie s_—

$34,546 99

Disbursements for Fiscal Year.
Loans on mortgages and
shares__ ____ ___ __
$12,300 00
Interest paid
_
____
568 81
Dues repaid, installment
shares ____ __ __ ____
2,041 00
Profits repaid, installment
shares______ _________
357 06
Advances, personal accounts90 20
40 Salaries
1,320 00
T axes----------------- --- _ —
247 91
Other expenses___ __ ____
165 00
All other disbursements _
5 85
Balance, cash in office and
b ank _______ _____
819 34

15
00
62
60
40
00
00

Total receipts -------------- $17,915 17

Installment Shares, With Age,
Serial
No.
— — __ _______
25___
____ . .
28____ _
. ________
_______
27
______
_____
28__
___ _____ .
29____ _
________
_
__
30_____
_____
31— ______ __
3 2 ___ __ _ . ____
_________
______ 33_ _ _ _ - —




$9,708
2,806
34
10,225
11,735
37

00
34
02
69

$34,546 99

Receipts for Fiscal Year.
Balance from last report----- $3,108
Installment shares, dues___
2,868
In terest___ _
2,372
835
Premiums ____
_ _
Fees
_
__
______
5
Loans repaid-------------- —
4,300
Overdrafts and bills payable3,225
Advances repaid, personal accounts
1,200

No. of shares, 216.

Total disbursements____

$17,915 17

Value, and Withdrawal Value.
Age in per
Totalshare.
dues Book
value Withdrawal
months.
per share.
value.
108 $108 00 $160 63 $144 84
96
122 36
136 72
96 00
84
114 47
84 00
102 28
72
72 00
84 02
93 86
60
60 00
74 78
67 39
48
48 00
57 18
52 59
41 03
36
36 00
38 51
24 00
24
26 22
25 11
12 00
12 58
12
12 29

86

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 70. SAN FRANCISCO.

WESTERN LOAN ASSOCIATION.
( In c o rp o ra te d N o v e m b e r 12, 1886.)
B. G u n z b u b s e b , Secretary.

S. H a u s m a n n , President

F is c a l y e a r e n d e d N o v e m b e r 17, 1913.
N o. o f m e m b e rs a n d in v e s to rs , 98.

N o. o f se rie s, 10.
A ssets.

L iabilities.

Loans on mortgages and
shares _ _ _ — — ----- $81,382
Arrearages—■
On sh ares-------$4,415 00
On interest — •_ 4,807 50
On premium — 1,272 75
10,495
2,749
Cash in office and bank
Advances, personal accounts330
Total assets

----- ---

O v e r d r a f ts a n d b ills p a y a b le -

Advances repaid, personal aecounts — _
- _
All other receipts. —

Total receipts

Installment shares, dues____ $50,904 00
50 Installment shares*, profits__
20,580 13
Advance payments ---------170 95
Overdrafts and bills payable. 11,000 00
Reserve and undivided profits 12,104 58
Sundry ledger accounts------198 00
25
91
00

$94,957 66

R eceipts for F iscal Y ear.
Installment shares, dues —
In terest----- — -------- --- Prem ium s---------- ----- —
Fees ___________ ________
Loans r e p a id ----- — —

Total liabilities___ ___

$94,957 66

D isbursem ents for Fiscal Year.
Overdrafts and bills payable. $13,210 43
Loans on mortgages and
17,776 80
shares — — — —•-------861 26
Interest paid -------- ----Dues repaid,
installment
shares-------------------------3,766 20
Profits repaid, installment
091 94
1,243 57
s h a r e s __
_ ______
100 00
170 95 Advances, personal accounts.
1,685 00
Salaries
---------- — _
891 48
Taxes . . .
— _—
O th e r expenses
_ _ —
266 17
Balance, cash in office and
2,749 91
bank_
_— _ _

$9,330
5,569
1,686
11
16,987
7,000

00
46
45
70
06
00

$41,999 19

Installment Shares, With Age,
Serial
No.
____
— _
18
___ ___ _
19____ ______
. —
.9
20— _________
___ _ _______
___
21
. _____
_
2 2 .. . _____
23 . . ____ ___________ .
— ..
24____ __________ ___
25— ______ ___ ___________
26— ____________________________
27 . ____________________________




N o. o f s h a re s , 794.

Total disbursements----

$41,999 19

Value, and Withdrawal Value.
Age in Total
dues Book
Talue Withdrawal
months.
per share.
per share.
value.
120 $120 00 $191 45 $173 55
108
164 63
147 64
108 00
6
139 70
124 40
96 00
84 00
84
103 56
116 61
72 00
72
95 24
84 78
60 00
60
75 50
67 75
48
48 00
52 74
57 49
36
36 00
41 11
38 55
24 00
24
26 18
25 09
12 00
12 52
12
12 26

87

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 71. SAN JOSE.

MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated March 12, 1889.)
S eymour Montgomery, Secretary.
Chas . B. W ing , President.
Fiscal year ended December 31, 1913.
No. of series, none.
No. of members and investors, 1,179.
No. of shares, 2,707.
A ssets.
Loans on mortgages and
$622,449
shares
— _ —
Cash in office and bank _
40,887
18,574
Real estate
— _ _ _
350
Furniture and fixtures. __

Total assets

-----

15
03
49
00

_ _ $682,260 67

Liabilities.
Installment shares, dues — $287,324
Installment shares, profits__ 40,569
Paid-up and prepaid shares,
capital — — ------------- 315,617
Paid-up and prepaid shares,
12,827
dividends — __ __ _ _
Reserve and undivided profits 16,408
9,330
Loans due and incomplete---Sundry ledger accounts----182
Total liabilities

66
75
36
33
49
58
50

$682,260 67

R eceipts for F iscal Y ear.
D isbursem ents for F iscal Year.
Balance from last report___
$3,244 93 Overdrafts and bills payable- $77,500 00
Installment shares, dues
132,337 03 Loans on mortgages and
Paid-up and prepaid shares,
shares — -------- — _ _ 100,784 50
68,240 00 Interest paid
dues — ---------- _ —
1,091 15
Interest
__
45,896 31 Dues repaid,
installment
Loans repaid _
__ _ 148,981 27
139,136 11
s h a r e s ___
_
Overdrafts and bills payable- 67,500 00 Profits repaid, installment
All other receipts._
shares — _
— __ _ _
4,530 06
942 22
Paid-up and prepaid shares,
70,077 80
ca p ital----------— ------—
Paid-up and prepaid shares,
dividends______ - ______
23,459 76
6,124 60
S alaries----- -- 1,854 65
T a x e s________ _ _ —
Other expenses____
1 .1 1 0 88
All other disbursements _
585 22
Balance, cash in office and
bank _ ----------- _ — 40,887 03
Total receipts

$467,141 70

Total disbursements _ — $467,141 76

Installm ent Shares, W ith Age, V alue, and W ithdraw al Value.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, dues, plus 95 per cent of profits.




88

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 72. SAN JOSE.

NUCLEUS BUILDING AND LOAN ASSOCIATION.
(Incorporated March 28, 1889.)
C. H. J ohnson , Secretary.
L oots S onniksen , Vice-President.
Fiscal year ended April 7, 1914.
No. of series, none.
No. of members and investors, 270.
No, of shares, 4,126.
A ssets.

L iabilities.
49 Installment shares, dues____ $142,751 26
64 Installment shares, profits_ 20,636 18
32 Paid-up and prepaid shares,
capital ___________ .____
44,800
00
Reserve and undivided profits
3,477
4,244
Loans due and incomplete__
Sundry ledger accounts-------251

$216,160 45

Total assets

Total liabilities

$216,160

8 8 S S IS

Loans, on definite contract— $211,258
Arrearages, on interest------684
Cash in office and bank-------3,767
450
Furniture and fixtures--------

|

R eceipts

fo r

F iscal Y ear.

fo r

F iscal Y ear.

8S38




3,416
12,700

8

Installm ent Shares, W ith A ge, V alue, and W ith draw al V alue.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.

30,922

5

Total disbursements

91,046
27

S

$159,544 85

$8,500

£8

Total receipts

D isbursem ents

$5,891 57 Overdrafts and bills payable.
51,487 83 Loans on mortgages and
shares ------------------------18,900 00 Interest paid _____________
13,986 90 Dues
repaid,
installment
56,709 44
shares-------------8.500 00 Profits repaid, installment
shares-------------------------319 11 Paid-up and prepaid shares,
3,750 00
ca p ita l_________________
Paid-up and prepaid shares,
dividends----------------Advances, personal accounts.
Salaries-------------------------T axes___________________
Other expenses----------------All other disbursements, real
e sta te-------------------------Balance, cash in office and
bank__________________

8

Balance from last report------Installment shares, dues____
Paid-up and prepaid shares,
d u e s ___________________
In terest__________________
Loans repaid---------------------Overdrafts and bills payableAdvances repaid, personal ac
counts -------------------------All other receipts, real estate

3,114
148
1,546
318 15
339 57
3,696 63
3,767 32
$159,544 85

89

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 73. SAN JOSE.

SAN JOSE BUILDING AND LOAN ASSOCIATION.
W. M.

Sontheimeb ,

No. of series, none.

(Incorporated January 30, 1885.)
Secretary.

Fiscal year ended December 31, 1913.
No. of members and Inyestors, 463.

On interest___ $1,643 90
100 00

On fines----- —

Cash in office and bank_____
Real estate — ______
Advances, personal accounts.
All other a sse ts----- ----- ---Total assets -------- —

50

1,743 90
5,672 51
2,000 00
183 45
125 29
$309,059 65

R eceipts for F iscal Y ear.
Balance from last report___
Installment shares, dues___
Paid-up and prepaid shares,
d u e s _____ _ _ _______
Investment certificates____
Interest ------------- ----_ _
F in e s ___ _________ _____
Loans repaid _ _
___ __
Overdrafts and bills payable.
Advances repaid, personal acc o u n ts ___________
All other receipts, real estate
sold
___ ____

—

K och ,

$5,854 51
134,283 55
2,000 00
13,525 00
21,908 70
176 65
62,438 40
28,500 00
2,116 90
10,724 12

_ $281,522 83

Installment shares, d u e s _ $230,398
Installment shares, profits__ . 23,633
Paid-np and prepaid shares,
ca p ital____ —
_____
7,300
Investment certificates, principal
— ______ __
27,125
Overdrafts and bills payable.
9,500
Reserve and undivided profits
6,782
Loans due and incomplete__
4,304
Sundry ledger accounts
__
15
Total liab ilities__ _

91
82
00
00
00
03
89
00
— $309,059 65

D isbursem ents for F iscal Y ear.
Overdrafts and bills payable.
Loans on mortgages and
shares
_ _____ _ _
Interest paid _ ____ _ _
Dues
repaid,
installment
shares________
__ ___
Profits repaid, installment
shares______
__ _
Paid-up and prepaid shares.
cap ital___ ____ ___
Paid-up and prepaid shares.
dividends _ _
Investment certificates, principal — —
___ _
Investment certificates, divid en d s_______ _ __ _
Advances, personal accounts.
Salaries —
_ _ ___
T axes_
__
Other expenses_ _
All other disbursements____
Balance, cash in office and
bank _
____ ___




$43,500 00
75,973 00
1,406 73
106.896 73
9.499 20
3,100 00

344
14,931
1,247
1.905
2,560
546

25
30
99
81
00
50
14

1,033
12.905 67
5,672 51

Total disbursements ____ $281,522 83

Installment Shares, With Age, Value, and Withdrawal Value,
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 6 per cent
Book value, dues plus dividend.
Withdrawal value, same as book value.

President.

No. of shares, 8,160.

L iabilities.

A ssets.
Loans on mortgages and
shares —
—
— — $299,334
Arrearages—■

Total receipts

Y.

90

REPORT OH BUILDING AND LOAN ASSOCIATIONS.

No.74. SAN LUIS OBISPO,

SAN LUIS BUILDING AND LOAN ASSOCIATION.
M . L e w i n , Secretary.
N o. o f s e rie s , 12.

( In c o rp o r a te d M a rc h 1, 1888.)

B e h j . B r o o k s , President.
F is c a l y e a r e n d e d M a rc h 1, 1914.
N o. o f m e m b e rs a n d In v e s to rs , 276.
N o . o f s h a r e s , 2,211.

Assets.
Liabilities.
Installment shares, d u e s__ _ $107,010
Loans on mortgages and
23,890
___
$146,722 50 Installment shares, profits—
shares --------Paid-up and matured shares,
Arrearages—•
12,000
capital ________ _______
On sh ares__ ____ $95 00
Paid-up and matured shares,
On interest ____ 154 47
dividends _ ------------------383
On fines------ ____ 26 55
2,241
276 02 Advance payments — —
Cash in office and bank____
2,883 81 Reserve and undivided profits
2,606
Loans due and incomplete__
1,769
Total assets ._

____

_ $149,882 33

R eceipts for F iscal Y ear.
Balance from last report----Installment shares, dues------In terest--------------- — _
Fines _ — — —
Fees —
_
Loans repaid-------- -----------Overdrafts and bills payableAdvances repaid, personal accounts -------------- - —

Total receipts_________

Total liabilities _

00
65
00
89
30
99
50

____ $149,882 33

D isbursem ents for F iscal Y ear.
49 | Overdrafts and bills payable00 Loans on mortgages and
shares-------------------------75
87 Interest paid-------------------installment
57 Does repaid,
shares-------------------------00
00 Profits repaid, Installment
shares-------------------------51 76 Paid-up and matured shares,
capital ------------------------Paid-up and matured shares,
dividends______________
Advances, personal accountsSalaries_________________
T axes___________________
Other expenses----------------Balance, cash in office and
bank__________________

$2,178
29,336
13,255
163
01
26,045
4,000

$4,000 00
29,130 50
53 08
20,686 00
6,983 31
5,040 00
2,277 80
51 76
1,589 48
2,178 55
218 15
2,883 81

$75,092 44

Total disbursements------- $75,092 44

Installment Shares, With Age,
Serial
X'o.
15 _
__ ___
16
____
—
- - —
17_____ _ — _____ _________
18_____ _____
—
_
- —
__ ___________
19
20 — ._________________ — —
21____ ________ _____________
22
___
___
_______
23 _ —._ •__ _____________ ___
_ „ ___ _____ ___ _
25„

Value, and Withdrawal Value.
Age In
Totalshare.
dues Book
value Withdrawal
per
months.
per share.
value.
120 $120 00 $191 19 $187 63
108
108 00
143 90
139 41
96
96 00
123 73
118 18
84
84 00
104 76
99 05
72 00
72
87 13
81 84
60
60 00
70 39
65 98
48
48 00
54 47
51 23
36
36 00
39 50
37 75
24 00
24
25 55
24 77
12
12 00
12 45
12 23




91

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 75. SAN M ATEO.

SAN MATEO MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated January 2, 1896.)
Secretary.
Wm. F. T tjbnbtjjx, President.
Fiscal year ended December 81. 1913.
No. of series. 41.
No. of members and investors. 187. No. of shares. 1.447.
C.

H. K ib k b b id e ,

Liabilities.

Assets.
Loans on mortgages and
shares__________________$109,585 00
Arrearages—■
On sh ares---------$1,421 00
On interest----- 1,181 30
On fines---------136 70
------------2,730 00
3,494 50
Cash in office and bank-------Real e sta te---------------------8,700 00
Furniture and fixtures_____
65 00
Advances, personal accounts.
265 34
Total assets----------------- $124,848 84

Installment shares, dues____ $70,875 00
Installment shares, profits__ 20,057 41
Paid-up and prepaid shares,
capital ------------------------- 15,400 00
Paid-up and prepaid shares,
dividends---------------------454 60
Advance payments.------------110 05
Overdrafts and bills payable11,500 65
Reserve and undivided profits
4,212 17
Loans due and incomplete—
2,024 65
Sundry ledger accounts------101 00
All other liabilities________
113 31
Total liabilities________ $124,848 84

D isbursem ents for Fiscal Y ear.

R eceipts for F iscal Y ear.
Balance from last report----Installment shares, dues__ _
Paid-up and prepaid shares,
dues
— _ — —
I n t e r e s t ____ — ____
Premiums _
_ _
Pines __ _
_
----- --Fees
— _ —
_ Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts _
___ _
All other receipts, rents__

Total

Serial
No.

receipts__

$3,488 80 Overdrafts and bills payable16,252 00 Loans on mortgages and
shares _ ----------------- --3,600 00 Interest paid
_—
8,525 81 Dues
repaid,
installment
203 50
shares __ — _ _ —
173 90 Profits repaid, installment
86 25
shares — ----------------—
25,750 00 Paid-up and prepaid shares,
ca p ita l____ ___
700 00
Paid-up and prepaid shares,
1,075 92
dividends------_ ___
550 10 Advances, personal accountsSalaries — ----- — _ _
Taxes -------- ---- -- • _ __
Other expenses __ ___ _
All other disbursements, real
estate, e tc .-------Balance, cash in office and
b an k ___________ ______
$60,406 37

Total disbursements

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.
Ago In
Total dues
Book value
months. per share.
per share.

31_ 35- - .- - _____________
39
______________________ ______
43- - - ______ ______________
4 7 ___ — ________ — - — 51 — ______
_________ _____
55
___ _______
_____
5 9 ___ _------------------------- _ _ 63_____ -------------- ------- ---- --------------67 - ----- _ _




120
108
96
84
72
60
48
36
24
12

$120 00
108 00
96 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00

$170 65
148 18
127 13
107 40
88 94
71 59
55 30
40 04
25 78
12 46

$7,795 00
21,053 05
767 75
14,455 00
4,346 35
4,600 00
903
974
1,192
165
302

75
85
00
34
50

356 28
3,494 50
$60,406 37

Withdrawal
value.

$167 24
145 22
124 59
105 25
87 16
70 16
54 19
39 24
25 26
12 21

92

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 76. SAN RAFAEL.

MABIN COUNTY MUTUAL BUILDING AND LOAN
ASSOCIATION.
(In c o rp o r a te d J u ly 19, 1886.)
L . A . L a n c e l , S e c re ta ry .

G e o . M. D o d g e , President.
F is c a l y e a r e n d e d J u ly 31, 1913.
N o. o f m e m b e rs a n d in v e s to rs , 253,
N o. o f s h a r e s , 3,142.

N o. o f s e rie s , 19.
A ssets.

L iabilities.

Loans oil mortgages and
shares ________________ $171,800 00
Arrearages—
On shares _ —„ $382 00
..
546 65
On interest
On fines _ — . _ 46 30
974 95
2,163 84
Cash in office and bank------1,165 20
Real e sta te -----Advances, personal accounts.
39 20

Installment shares, dues-------$127,992 00
Installment shares, profits__ 35,652 89
Investment certificates, prin
cipal ---------------------------5,350 00
Investment certificates, divi
dends -------------------------43 00
Advance payments________
162 00
Overdrafts and bills payable1,000 00
Reserve and undivided profits
5,543 30
Loans due and incomplete__
400 00

Total assets----------------- $176,143 19

Total liabilities________ $176,143 19

R eceipts for F iscal Y ear.
Balance from last report----Installment shares, dues----Investment certificates------Interest _ _ —
---Fines — —
— _
Fees ----------------------------Loans repaid------------Advances repaid, personal acc o u n ts----- ----------------

D isbursem ents for F iscal Y ear.
Loans on mortgages and
shares_________________ $31,750 00
Interest paid-------------------76 03
Dues
repaid,
installment
shares — '---------------------- 52,784 00
Profits repaid, installment
shares-------------------------15,014 72
Investment certificates, prin
118 56
cipal __________________
3,100 OO
Investment certificates, divi
306 55
dends -------------------------Advances, personal accounts31 27
Salaries-------------------------1,560 00
T a x e s----------------------------547 16
Other expenses----------------532 60
All other disbursements, real
e sta te_________________
1,165 20
Balance, cash in office and
bank__________________
2,163 84

$7,237
41,171
800
15,874
149
79
43,600

52
00
00
94
75
60
00

Total receipts-------------- $109,031 37

Serial
No.

Total disbursements-------$109,031 37

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue.

21__
. _ _ _______
22___ . . ______ - __________
___
2 5 ___ __
___ .
26__
____ . .
28______ - — .._ . - ____
30 _ ____ - _.. - - ___
32_ - _ . _ ._____ ______
34__
_ . ________
_____
36 _ ______________
38______ . ____ — _



Age In

months.

114
108
90
84
72
60
48
36
24
12

Total dues
per share.

$114 00
108 00
90 00
84 00
72 00
60 00
48 00
36 00
24 00
12 00

Book ralue
per share.

$188 64
171 77
131 78
119 84
97 50
77 46
58 84
42 00
26 60
12 60

Withdrawal
value.

$184 91
168 58
125 51
112 67
89 85
70 47
53 42
39 00
25 30
12 30

93

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 77. S A N TA ANA.

HOME MUTUAL BUILDING AND LOAN ASSOCIATION.
O.

M. B obbins ,

(Incorporated April 13, 1892.)
J ohn M cF abden , President.
Fiscal year ended December 31, 1913.
No. of members and investors, 946. No, of shares, 5,698.

Secretary,

No. of series, 21.

A ssets.

L iabilities.

Loans on mortgages and
shares_________________ $535,537 00
Arrearages—On sh ares-------- $789 00
On interest------- 997 15
-----------1,786 15
Cash in office and bank------1,950 44
Furniture and fixtures_____
1,410 75
Advances, personal accounts19 80

Installment shares, dues----- $264,331 50
Installment shares, profits---- 78,718 42
Investment notes, principal— 177,750 00
Investment notes, dividends
accrued------------------------3,335 00
Advance payments------------292 50
Overdrafts and bills payable2,500 00
Beserve and undivided profits 11,340 12
Loans due and incomplete—
2,396 60
Sundry ledger accounts____
40 00

Total assets___________ $540,704 14

R eceipts for F iscal Y ear.
Balance from last report___
Installment shares, dues___
Investment n otes_________
Interest _________________
F in e s ___________________
F e e s ------------------------------Loans repaid_____________
Overdrafts and bills payableAdvances repaid, personal ac
counts ________________
All other receipts__________

$5,913
69,264
96,450
38,738
108
138
97,905
15,000

64
50
00
77
30
35
00
00

Total liabilities________ $540,704 14

D isbursem ents for F iscal Y ear.
Overdrafts and billspayable- $12,500 00
Loans on mortgages and
shares-------------------------- 184,588 95
Dues
repaid,
installment
shares_________________
51,442 00
Profits repaid, installment
shares ________________
21,864 63
Investment notes, principal_ 38,875 00
Investment notes, dividends

40 00
and interest_____________
1 28 Advances, personalaccountsS alaries____ !____________
T a x e s----------------------------Other expenses----------------Balance, cash in office and
bank_________________ -

Total receipts_______ _ $323,559 84

8,354 80

19 80
2,700 00
428 40
835 82
1,950 44

Total disbursements____ $323,559 84

Installment Shares, With Age, Value, and Withdrawal Value.
Serial
Age 1b Total
dues Book
value Withdrawal
No.
months.
per share.
per share.
value.
1 4 ___ „ _ _ ____
___
120 $120 00 $181 88 $181 88
1 6 ___ __ ___
108
00
156
83
— ___ 108
152 35
18
___________________ _______
98
96 00
133 54
128 32
_ 84
84 00
111 93
20_____ ______
105 47
_ ______ ________
72
22- 72 00
91 92
84 54
00
60 00
24- - .___________________________
73 33
68 38
___
48
48 00
56 08
52 19
26- „ ...
28
- ______
_ - _ __
36
36 00
40 29
38 14
— ___
— 24
24 00
30_ _
25 88
24 94
_____
12
12 00
32- — .- ____
12 47
12 23



94

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 78. S A N TA BARBARA.

LOAN AND BUILDING ASSOCIATION.
J. T. J ohnson ,

(Incorporated May 23, 1887.)
Secretary.

No. of series. 24.

H.

Fiscal year ended June 30, 1914.
No. of members and investors, 699.

A ssets.

No. of shares, 3,099.

Installment shares, dues-------$153,484 00
Installment shares, profits—
34,033 15
95 Investment certificates, prin
cipal __________________ 120,550 00
Advance payments------------214 90
Reserve and undivided profits
2,178 67
Loans due and incomplete—,.
1,800 00
25
99
65
88

Total assets___________ $312,260 72

Total liabilities________ $312,260 72

D isbursem ents for F iscal Y ear.

R eceipts for F iscal Y ear.

Loans on mortgages and
shares-------------------------- $73,015 00
Dues
repaid,
installment
shares_____________
67,551 00
Profits repaid, installment
shares-------------------------- 20,675 80
Investment certificates, prin
cipal ---------------------------- 14,300 00
Investment certificates, divi
28 16
dends _________________
5,571 65
88 00 Salaries-------------------------1,509 00
T a x e s___________________
1,428 23
Other expenses_„________
409 95
Balance, cash in office and
bank__________________
6,936 99

$6,816
40,437
60,450
21,117
6
195
73
62,185

87
00
00
39
60
00
60
00

Total receipts-------------- $191,397 62

Total disbursements____ $191,397 62

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.

Serial
Age in per
Totalsham.
dues
No.
months.
20____ —
_ . — ___ _ 120 $120 00
108 0 0
22_______________ • . ______ _____ 108
__
„
96
24___ _________
96 00
26 ________ __ ___________ _ 84
84 00
72
72 00
28 ________ - - - ________ _____
30_______________ ~____ _____
60
60 00
32_ _____ ____________ _____
48 00
48
36
36 00
34__________________ ______________
24 00
3 6 _________________ ______________
24
12
12 00
38 _______________ ____ _________




President.

L iabilities.

Loans—On mortgages, $296,070; on shares, $4,265; on
contract sales, $1,188.95— $301,523
Arrearages—
On shares_____ $1,541 00
On interest------ 1,422 75
On fines---------193 50
----- -------3,157
6,936
Cash in office and bank-------Furniture and fixtures-------607
Advances, ledger accounts__
34

Balance from last report___
Installment shares, dues------Investment certificates____
In terest_________________
Prem ium s----------------------F in e s ----------------------------F e e s ------------------------------Loans repaid-------------------Advances repaid, personal ac
counts ________________
All other receipts__________

L. S tambach ,

Book
value Withdrawal
value.
per share.
$159 55 $159 55
139 35
139 35
120 30
120 30
102 40
102 40
85 40
84 50
69 25
68 35
52 60
53 75
39 15
38 00
24 90
25 35
12 30
12 20

95

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 79. S A N TA BARBARA.

SANTA BARBARA MUTUAL BUILDING AND LOAN
ASSOCIATION.
(Incorporated May 20, 1901.)
J. M. W abben , Secretary.
E. C. R oeoeb, President.
Fiscal year ended February 28, 1914.
No. of series, none. No. of members and investors, 580. No. of shares, 9,719.
A ssets.

L iabilities.

Loans on mortgages and
shares----------------------------$423,215
Arrearages, on interest------4,975
Cash in office and bank______ 14,691
Real e sta te---------------------4,062
All other assets____________
40
Total assets

Installment shares, does-------$357,212 13
69 Installment shares, profits__ 81,363 02
© Reserve and undivided profits
2,710 65
51 Loans due and incomplete—
5,700 00
91
00

$446,985 80

R eceipts for F iscal Y ear.
Balance from last report___ $15,004
Installment shares, dues--- 153,362
26,801
In terest-------------------------Fines ----------------------------13
94,500
Loans repaid_____________
All other receipts-------------220

Total receipts

Total liabilities

D isbursem ents for F iscal Y ear.
74 Loans on mortgages and
61
shares _________________ $149,383
86 Lues
repaid,
installment
00
shares -------------------------- 113,643
00 Profits repaid, installment
00
8,313
shares ------------------------1,776
Salaries_________________
T a x es___________________
1,501
593
Other expenses___________
Balance, cash in office and
bank---------------------------- 14,691

$289,902 21

Total disbursements

Installm ent Shares, W ith A ge, V alue, and W ithdraw al V alue,
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$446,985 80

38
22
28
54
18
10
51

$289,902 21

06

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 80. S A N TA CLARA.

SANTA CLARA BUILDING AND LOAN ASSOCIATION.
(Incorporated March 19, 1889.)
P. O. Roix, Secretary.

No. of series, 19.

J. B. O’B rien, President.

Fiscal year ended March 31, 1914.
No. of members and investors, 324.

Assets.

Loans on mortgages and
shares----------------------------$252,013 91
Arrearages—
On sh ares-------- $2,203 00
On interest ____ 3,032 85
186 65
On fines---------------------5,422 50
Real e sta te _______________ 15,035 33
Advances, personal accounts92 60

Total assets----------------- $272,564 34
Receipts for Fiscal Year.
Balance from last report___ $11,680
Installment shares, dues _ _ 37,503
Paid-up and prepaid shares,
dues __ _ _ ---------------30,800
Interest _________ —
22,929
157
Fines — — _ ---------41
Fees
--------- — —
Loans repaid ------- -------- 42,937
4,602
Overdrafts and bills payableAdvances repaid, personal aec o u n ts ___ ____ __ ___
448
All other receipts, real estate,
2,402
etc. — — ------------ ------

No. of shares, 3,082.

Liabilities.

Installment shares, dues___ $164,910 00
Installment shares, profits—
48,607 27
Paid-up and prepaid shares,
ca p ital________________
38,500 00
Paid-up and prepaid shares,
dividends______________
438 40
Advance payments________
20 00
Overdrafts and bills payable4,602 19
Reserve and undivided profits 14,500 00
Loans due and incomplete---500 00
Sundry ledger accounts____
75 00
All other liabilities, tax re
serve ---------------------------411 48
Total liabilities________ $272,564 34

Disbursements for Fiscal Year.
37 Overdrafts and bills payable. $10,000 00
50 Loans on mortgages and
shares _ ___
— _ _ 45,613 40
00 Interest paid — ---------------6 04
repaid,
installment
66 Dues
50,039
50
feO shares
— — _
60 Profits repaid, installment
59
shares _ — _ — ---- 22,945 60
19 Paid-up and prepaid shares,
ca p ita l----------------- ---- 12,900 00
80 Paid-up and prepaid shares,
619 45
dividends-------------- --76 Advances, personal accounts468 80
1,320 00
Salaries_______ — ------4,062 28
T axes-------- ------------513 85
Other expenses — ___ —
All other disbursements, real
5,015 35
estate, e tc .--------------------

Total receip ts________ $153,504 27

Total disbursements------- $153,504 27

Installm ent Shares, W ith Age, V alue, and W ith draw al V alue.

Serial
Age In Total
dues
months.
per share.
No.
16___ ______ ._ _
_____ 120 $120 00
108 00
17_________
__________________ 108
19
________ . ___
96
96 00
84
84 00
21___ —._ _
72
72 00
23___ ________ . - _____
60 00
60
25______________ - ._____ _____
27__ _ _ 48 00
_ _______ 48
38
29_____
___________________ _
36 00
. ___________
24
24 00
31— __________
12 00
33___ ______ _____________ ______ 12



Book
value Withdrawal
value.
per share.
$178 38 $178 38
153 98
153 98
131 34
129 00
110 33
108 00
90 93
88 00
72 73
70 00
52 50
55 93
38 00
40 34
25 87
25 00
12 25
12 46

$7

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 81. S A N TA CRUZ.

SANTA CRUZ COUNTY BUILDING AND LOAN ASSOCIATION.
E. R. J acobi, Secretary.

No. of series, none.

(Incorporated May 20, 1908.)

Geo. W. S tone, President.
Fiscal year ended April 30, 1914.
No. of members and investors, 50.
No. of shares, 479.
Liabilities.

Assets.

Loans, on definite contract— $37,858 42 Guarantee stock, capital___ $21,115 00
460 62 Guarantee stock, surplus___
1,605 77
Cash in bank-------------------107 50 Installment shares, dues___
2,967 50
Furniture and fixtures-------494 20
Installment shares, profits__
Paid-up and prepaid shares,
capital ------------------------8,200 00
Investment certificates, prin537 63
Investment certificates, dividends _________________
61- 05
Overdrafts and bills payable.
1,200 00
Reserve and undivided profits
221 34
Sundry ledger accounts, guarantee capital, dividends
unpaid________________
823 40
All other liabilities, unearned
premiums______________
1,200 65
Total assets----------------- $38,426 d4

Receipts for Fiscal Year.
Balance from last report----Guarantee stock---------------Investment certificates------Paid-up and prepaid shares,
dues __________________
Investment certificates------In terest-------------------------Premiums _______________
Fines ----------------------------Loans repaid____________
Overdrafts and bills payableAll other receipts--------------

Total receipts_________

Total liabilities________

Disbursements for Fiscal Year.
$603 97 Overdrafts and bills payable.
60 00 Loans on mortgages and
177 00
shares ________________
Interest paid_____________
1,400 00 Dividends on guarantee stock
177 00 Dues
repaid,
installment
2,689 11
shares_________________
521 36 Profits repaid, installment
16 52
shares ________________
7,007 31 Paid-up and prepaid shares,
2,701 65
ca p ita l________________
136 35 Paid-up and prepaid shares,
dividends______________
Investment certificates, prin
cipal —
Investment certificates, dividends _________________
S alaries_________________
T a x e s___________________
Other expenses___________
Balance, cash in office and
bank__________________

$16,369 77

Total disbursements____

Installment Shares, With Age, Value, and Withdrawal
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 7 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus 6 per cent for average time.
7—12788



$38,426 54

Value.

$1,501 65
6,604 18
38 4b
1,623-76

-1G-M*■

1,313 ‘50
193 61
3,100 00
500 50
109 00
32
480
51
209

89
00
69
97

460 62
$16,369 77

98

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 82. S A N TA PAULA.

SANTA PAULA BUILDING AND LOAN ASSOCIATION.
(Incorporated April 21, 1890.)
H. H. Y qukqken , Secretary.
D. W. M ott, President.
Fiscal year ended April 15, 1914.
No. of series, 16.
No. of members and investors, 401. No. of shares, 5,999.
Liabilities.

Assets.
Loans—On mortgages, $396,500; on shares, $1,500----- $398,000 00
Arrearages—•
On sh ares____ $1,118 80
On interest___
889 73
On premium —
23 65
On fin es--------85 96
2,118 14
■-----------Cash in bank-,------------------4,718 00
Furniture and fixtures_____
1,555 64
Advances, ledger accounts__
288 10
Other a sse ts-------------------137 64
Total assets

$406,817 52

Installment shares, dues____ $191,475 00
Installment shares, profits__ 34,009 02
Investment note certificates,
principal ______________ 157,625 00
Advance payments________
1,184 20
Overdrafts and bills payable- 15,000 00
Reserve and undivided profits
5,200 00
Loans due and incomplete__ _
2,324 30

Total liabilities

Receipts for Fiscal Year.
Balance from last report----Installment shares, dues____
Investment note certificates—
In terest-------- ----------------Premiums ----------------------Fines ___________________
F e e s ____________________
Loans repaid-------------------Overdrafts and bills payableAdvances repaid, personal ac
counts —'----------------------

Total receipts

Serial
No.

$406,817 52

Disbursements for Fiscal Year.

$5,207 10
69,278 80
66,575 00
32,511 09
918 33
274 45
174 15
86,000 00
7,000 00

Overdrafts and bills payable- $7,000 00
Loans on mortgages and
shares_________________ 117,622 43
Interest paid --------------------1,096 76
Dues repaid,
installment
shares _______ .___ - ____ 51,655 20
Profits repaid, installment
shares-------------------------- 12,829 04
Investment note certificates,
principal------------58,050 00
410 85 Investment note certificates,
dividends---------------------9,092 85
Advances, personal accounts398 05
Salaries_________________
2,766 95
T axes_____ ._____________
1,186 28
Other expenses----------------1,934 21
Balance, cash in office and
bank__________________
4,718 00

$268,349 77

Total disbursements

$268,349 77

Installment Shares, With Age, Value, and Withdrawal Value.

17—A, 50c_________________________
18 _______________________________
19 ______________________________
20 _______________________________
21 ______________________________
22— B, 70c_______________________
23— B, 70c_______________________
24— B, 70c_______________________




Age In
months.
96
84
72
60
48
36
24
12

Total dues
per share.
$48
42
36
30
24
25
16
8

00
00
00
00
00
20
80
40

Book value
per share.
$67
55
45
36
28
28
18
8

61
85
92
71
20
44
22
76

Withdrawal
value.

$66 73
55 16
45 43
36 04
27 37
27 53
17 85
8 67

99

REPORT ON BUILDING AND LOAN ASSOCIATIONS,

No. 83. S A N TA ROSA.

SANTA EOSA BUILDING AND LOAN ASSOCIATION.
(Incorporated October 3, 1888,)
Allen
D. B abnett , Secretary.
Fiscal year ended October 31, 1913.
No. of series, 11.
No. of members and investors, 261.

C.

B.

L emmon , President
No. of shares, 2,049.

Assets.
Liabilities.
Installment shares, dues— _ $65,894 40
Loans on mortgages and
13,316 26
shares----- -------- — - $114,507 80 Installment shares, profits__
Investment certificates, prin
Arrearages—•
cipal _ _ ____ ____
31,259 52
On sh ares----------$81 65
122 90
Advance payments________
On interest _ - 596 65
2,083 63
678 30 Overdrafts and bills payable2,607 39
8 00 Reserve and undivided profits
Advances, personal accountsTotal assets----------- —

$115,284 10

Disbursements for Fiscal Year.

Receipts lor Fiscal Year.
Balance from last report----Installment shares, dues____
Investment certificates____
In terest_________________

$115,284 10

Total liabilities-----

$1,495
17,199
48,511
7,718

Loans"repaid_Z_Z__ I—
Overdrafts and bills payableAdvances repaid, personal ac
counts --------------------------

26 Overdrafts and bills payable- $11,000 00
90 Loans on mortgages and
shares_________________
36,729 00
03
64 Interest paid-------------------245 42
47 (M) Dues repaid, installment
36,294 01
shares-------------------------8,236 70
13,083 63 Profits repaid, installment
shares-------------------------1,038 55
88 95 Investment certificates, prin
cipal ---------------------------- 64,156 31
Investment certificates, divi
dends -------------------------1,822 60

Advances,personal accounts-

Salaries_________________
T a x es___________________
Other expenses----------------Total receipts

Serial
No.

16___
17___
18—
19___
20__
21_____
22_____
23_____
24__
25_____

$124,438 42

Total disbursements

$124,438 42

Installment Shares, With Age, Value, and Withdrawal Value.
_

_____________
___
___
__
______
__
_
— ___
.—
— ___
_
__ __
___ _ _____ ___ „
_________
_______
___________ _____________
___ _ _
— __ ___
_______________
___ __




-

Age In
months.
120
108
96
84
72
60
48
36
24
12

Total dues
per share.

$120
108
96
84
72
60
48
36
24
12

00
00
00
00
00
00
00
00
00
00

08 15

720 00
118 69
303 00

Book value
per share.
$161
141
122
104
86
70
54
39

63
40
27
04
73
24
58
71

25 65
12 42

Withdrawal
value.
$160
139
120
101
84
68

50
59
00
64
42
25

53 04

38 70
25 14

12 30

100

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 84. SA USA LITO .

SAUSALITO MUTUAL LOAN ASSOCIATION.
(Incorporated December 1, 1887.)
T hos . P enlington, Secretary.

C. H. B eckeb, President.

Fiscal year ended October 31, 1913.
No. of members and investors, 1 5 4

No. of series, 6.

.

No. of shares, 1,266.

Assets.
L iabilities.
Loans on mortgages and
Installment shares, dues__ __ $39,774 00
$49,121 92 Installment shares, profits__
shares
-------6,725 18
57 95 Overdrafts and bills payableArrearages, on shares— —
2,600 00
2,059 95 Reserve and undivided profits
Cash in office and bank------3,078 71
911 70 Sundry ledger accounts __
Real estate — — — _
50 00
94 37 All other liabilities___ _ _
Advances, personal accounts18 00
Total assets —

_ _ _ _ $52,245 89

Total liabilities____ —

R eceipts for F iscal Y ear.
Balance from last report----Installment shares, dues _ —
In terest_— ---------Premiums — — _ _ —
F in e s ------- _ ------F e e s ----— -------------------Loans repaid---------_ _
Overdrafts and bills payableAll other receipts, real estate,
rents, etc .-------------- _ _

Total receipts__

Serial
No.

21
22
23
24
25
26

D isbursem ents for F iscal Y ear,

$2,373
14,907
4,129
499
63
28
14,679
3,600

71
15
69
50
42
20
12
00

Overdrafts and bills payableLoans on mortgages and
shares __
__
Interest paid____ __ ___
Dues
repaid,
installment
shares _____
______
Profits repaid, installment
shares_
____ ____ ___
Advances, personal accounts2,419 48 Salaries ____ ____
_ _
T axes_____
__ _
Other expenses
______
Balance, cash in office and
bank — ____ ________ __

$42,700 27

_______________________________
_______________________________
___________
_______________________________
_______________________________
_______________________________

Age to
months.
72
60
48
36
24
12

Total dues
per share.
$72
60
48
36
24
12

00
00
00
00
00
00

Book value
per share.
$01
72
56
40
26
12

$1,000 00
9,950 00
170 13
22,443 50
5,635
237
540
483
180

65
50
00
05
49

2,059 95
$42,700 27

Total disbursements

Installm ent Shares, W ith Age, V alue, and W ithdraw al V alue.




$52,245 89

08
96
16
55
01
52

Withdrawal
value.
Does, plus
profits, as
p er
bylaws.

1 01

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 85. STO C K TO N .

SAN JOAQUIN VALLEY BUILDING AND LOAN ASSOCIATION.
A.

M.

N oble, Secretary

No. of series, none.

(Incorporated June 17, 1889.)
S. N. Cross, President

Fiscal year ended January 31, 1914.
No. of members and investors, 1,510. No. of shares, 13,949.

Assets.
Loans on mortgages and
shares _
----------- — $625,158
3,514
Arrearages, on interest------Cash in office and bank__ __ 27,003
Real esta te----- -- _ _ _ _ 10,222
202
Advances, personal accounts-

Liabilities.
53
90
44
20
85

$666,101 92

Total assets _ _

Receipts for Fiscal Year.

Installment shares, dues
$304,571
Installment shares, profits—
62,828
Paid-up and prepaid shares,
232,450
capital — _ _ _ _
Paid-up and prepaid shares,
40,911
dividends — — _
Reserve and undivided profits 23,249
Loans due and incomplete---2,090
Total liabilities -------

44
20
85
00
80
63

_ $666,101 92

Disbursements for Fiscal Year.

$17,946 83 Overdrafts and bills payable- $5,000 00
Balance from last report
Installment shares, dues __ 119,542 24 Loans on mortgages and
----shares — _
162,873 15
Paid-up and prepaid shares,
56,271 05 Interest paid _
40 83
dues — _ -------— —
repaid,
installment
Interest —
— _ _ 47,775 85 Dues
shares---------- ------------- 87,768 50
Loans repaid
- ----------- 129,244 95
Overdrafts and bills payable5,000 00 Profits repaid, installment
10,592 85
shares---------— —
Advances repaid, personal ac91 68 Paid-up and prepaid shares,
counts
_
_ —
All other receipts, real estate,
capital ____ ________
62,264 17
etc. _
_ _
— -------9,698 25 Paid-up and prepaid shares,
dividends__ _ _ _
6,627 05
Advances, personal accounts205 22
5,745 00
S alaries____________
257 20
T axes--------------- _ _
----2,669 96
Other expenses
All other disbursements, real
esta te----- — _
14,523 48
Balance, cash in office and
b an k -------- ------------27,003 44
Total receipts-----

_

$385,570 85

Total disbursements

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 7.20 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$385,570 85

102

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 86. STO C K TO N .

SECURITY BUILDING-LOAN ASSOCIATION.

Assets.

Liabilities.

I £183 8o8

(Incorporated October 25, 1912.)
L ee C. R eid , Secretary.
E. S. Van P elt , President.
Fiscal year ended December 31, 1913.
No. of series, none.
No. of members and investors, 180. No. of shares, 250.
Guarantee stock, capital___ $23,000
Loans on mortgages and
293
shares___ _____________ $45,801 75 Guarantee stock, surplus----Cash in office and bank-------7,121 80 Investment certificates, prin
25,405
Advances, personal accounts18 63
cipal __________________
Loans due and incomplete—
4,242
Total assets_____ _____

$52,942 18

Receipts for Fiscal Year.

Total liabilities________

$52,942

Disbursements for Fiscal Year.

§88S 3 3

Guarantee stock---------------- $23,000 00 Loans on mortgages and
shares-------------------------- $56,997
Investment certificates____
29,029 24
In terest-------------------------2,567 68 Investment certificates, prin
cipal ---------------------------4,188
F e e s ------------------------------37 00
Loans repaid_____________ 15,438 25 Investment certificates, divi
dends -------------------------222
Advances, personal accounts.
18
T a x e s----------------------------25
Other expenses----------------1,497
Balance, cash in office and
bank__________________
7,121 80
Total receipts--------------

$70,072 17

Total disbursements____ $70,072 17

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




103

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 87. STO C K TO N .

STOCKTON LAND, LOAN AND BUILDING ASSOCIATION.
Chas . E. L ittlehaije,
No. of series, none.

(Incorporated January 3, 1887.)
Secretary.

J.

Fiscal year ended January 31, 1914.
No. of members and investors, 1,122.

Assets.
Loans on mortgages and
shares--------------------------- $800,543
Arrearages, on interest_____
3,726
Cash in office and bank------- 46,452
Real e sta te ______________
1,695
600
Furniture and fixtures-------Advances, personal accounts1,978

39
20
45
25
00
14

Receipts for Fiscal Year.

No. of shares, 11,015.

Installment shares, dues___ $384,425 66
Installment shares, profits__ 151,336 90
Paid-up and prepaid shares,
ca p ita l________________ 238,001 00
Paid-up and prepaid shares,
dividends---------------------8,194 92
Overdrafts and bills payable- 30,000 00
Reserve and undivided profits 27,865 22
Loans due and incomplete—
13,656 50
Sundry ledger accounts____
330 55
284 6S
All other liabilities________
Total liabilities-------------$854,995 43

Disbursements for Fiscal Year.
65 Overdrafts and bills payable- $120,000 00
90 Loans on mortgages and
shares_________________ 154,111 61
00. Interest paid-------------------2,037 21
81 Dues
repaid,
installment
50
shares-------------------------- 101,457 86
80 Profits repaid, installment
00
shares-------------------------46,696 44
Paid-up and prepaid shares,
35
ca p ita l________________
69,400 00
52 Paid-up and prepaid shares,
dividends______________
10,671 30
Advances, personal accounts6,829 03
Salaries_________________
3,850 00
455 14
T axes----------------------------Other expenses___________
2,318 15
All other disbursements------126 34
Balance, cash in office and
bank__________________
46,452 45

Total receipts_________ $564,405 53

Total disbursements-------$564,405 53

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 per share per month.
Dividend; last fiscal year, 7.20 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




President.

Liabilities.

Total a s s e ts __________ $854,995 43

Balance from last report___ $37,626
94,221
Installment shares, dues____
Paid-up and prepaid shares,
d u e s ______
89,000
In terest-------- !----------------- 60,346
F e e s ____________________
149
Loans repaid____________ 155,692
Overdrafts and bills payable- 120,000
Advances repaid, personal ac
counts ________________
6,893
All other receipts_________
474

D. Young ,

104

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 88. TU L A R E .

TULARE BUILDING AND LOAN ASSOCIATION.
(Ineorpoiated January, 1889.)
J. L. W ilder, Secretary.
A. W. W heeler, President.
Fiscal year ended December 31, 1913.
No. of series, 18.
No. of members and investors, 81.
No. of shares, 572.
Liabilities.

Assets.

Installment shares, dues____ $27,228 00
5,099 36
Installment shares, profits__
Advance payments------------1,067 10
Overdrafts and bills payable.
2,000 00
Reserve and undivided profits
210 63
All other liabilities—--------30 30

Loans on mortgages and
$31,785
shares ___
Arrearages—
On sh ares___ _ $79 00
On in terest----- -- 64 64
143
Cash in office and bank
2,414
Real estate
__
985
Furniture and fixtures
307
Total assets----------------- $85,035 89

Receipts lor Fiscal Year.

Balance from last report___
Installment shares, dues____
In terest_________________
F e e s ____________________
Loans repaid_____________
Overdrafts and bills payable.
All other receipts__________

Total receipts_________

$1,887
7,777
2,546
22
1,800
2,000
604

Total liabilities________

Disbursements for Fiscal Year.
16
25
30
00
00
00
04

$16,636 75

Loans on mortgages and
shares_________________
Interest paid-------------------Dues
repaid,
installment
shares-------------------------Profits repaid, installment
shares_________________
Salaries_________________
T a x es___________________
Other expenses___________
All other disbursements____
Balance, cash in office and
bank__________________

$235 00
107 44
9,825 00
3,060
600
289
70
34

40
00
37
75
04

2,414 75

Total disbursements----- $16,636 75

Installment Shares, With Age, Value, and Withdrawal Value.
Serial
Age In Total dues
Book value
No,
months. per share.
per share.
L .
. .
„
. _
120
$120 00
$160 07
N .
__________ ____
.
.
108
108 00
140 31
____
. — _ — _
96
96 00
121 65
O
—
84
84 00
103 75
0 -------- _________________
R ___ ___ . . . _____
.
.
72
72 00
86 52
T ..
. _ __ . . . .
—
60
60 00
69 85
___
48
Y _____ ________________
48 00
54 09
_______
_________
36
36 00
X _____ __
39 37
. . . .
24
24 00
25 52
Z — - __________ . _____
12
Ba ___ ____________ „ ____ __
12 00
12 39




$35,635 39

Withdrawal
value.
$150 05
132 23
115 23
98 81
82 88
64 92
51 05
37 68
24 76
12 19

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

105

No. 89. UPLAND.

MAGNOLIA MUTUAL BUILDING AND LOAN ASSOCIATION.
M.

F.

P almeb ,

(Incorporated September 24, 1901.)

Chas . R uedy, President.
Fiscal year ended September 30, 1913.
No. of members and Investors, 567. No. of shares, 5,150.

Secretary.

No. of series, none.

Assets.

Liabilities.

Loans on mortgages and
shares _ _ — -------------- $261,900
1,728
Arrearages, on interest____
Cash in office and bank _ _ 15,676
Advances, personal accounts85

Total assets

___

00
20
80
75

$279,385 75

Installment shares, dues _ _ $68,407 62
Installment shares, profits__
13,383 31
Paid-up and prepaid shares,
181,800 00
__
ca p ita l____ __
Paid-up and prepaid shares,
dividends — ----------- —
9,245 14
Advance payments — — —
76 20
Overdrafts and bills payable. 4,000 (X)
Reserve and undivided profits
2,447 82
All other liabilities _ _ _ —
25 66

Total liabilities

----- $279,385 75

Receipts for Fiscal Year.

Balance from last report___
Installment shares, dues _ _
Paid-up and prepaid shares,
d u e s ----_ ___
In terest------_ __ _
Fines — _
_ _
Fees — _ — —
Loans repaid----_ _
Overdrafts and bills payable.
Advances repaid, personal accounts — ------- --------

Total receipts

_

Disbursements for Fiscal Year.
$4,501 38 Overdrafts and bills payable. $13,000 00
40,869 49 Loans on mortgages and
shares _
_ ---------- 21,600 00
82,000 00 Interest paid ____
__
411 84
17,656 20 Dues
repaid,
installment
149 94
shares _ _
34,356 91
78 50 Profits repaid, installment
28,600 00
4,185 20
shares_____ _
____
11,000 00 Paid-up and prepaid shares,
capital _ _______
83,800 00
172 65 Paid-up and prepaid shares,
9.824 88
dividends___
___
Advances, personal accounts.
191 95
____
_ _
Salaries _
1,450 00
Other expenses _ ____ __
530 58
Balance, cash in office and
bank ______ _ _____
15,676 80

__ $185,028 16

Total disbursements

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 8 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$185,028 16

1 06

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 90. V A LLEJO .

VALLEJO BUILDING AND LOAN ASSOCIATION.
W ade

H.

M adebn,

No. of series, none.

(Incorporated October 28, 1911.)
Chas .
Fiscal year ended December 81, 1913.
No. of members and investors, 21.

Secretary.

Assets.
Loans, on definite contract—
Cash in bank-------------------Other a sse ts--------------------

Total assets-----------------

Total receipts--------------

P ebby,

No. of shares, 65.

Liabilities.
$2,317 50

$2,471 95

$2,471 95

Total liabilities_______

52 50
1 95100 00

Disbursements for Fiscal Year.
$396
499
27
124
235
28

69 S alaries-------------------------50 T a x e s----------------------------50 Balance, cash in office and
93
bank__________________
07
00

1,156 69

Total disbursements-------

$1,311 69

$1,311 69

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, 50 eents per share per month.
Dividend, last fiscal year, — per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




President.

$1,119 46 Guarantee stock, capital___
1,156 69 Investment certificates, prin
cipal ---------------------------195 80
Investment certificates, divi
dends -------------------------Overdrafts and bills payable-

Receipts for Fiscal Year.
Balance from last report___
Guarantee stock---------------Investment certificates____
In terest-------------------------Loans repaid_____________
All other receipts--------------

E.

$120 00
35 00

1 07

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 91. VISALIA.

VISALIA. BUILDING AND LOAN ASSOCIATION.
C.

L.

J oh nso n ,

(Incorporated January 5, 1887.)
Secretary.

No. of series, none.

C.

Fiscal year ended January 31, 1914.
No. of members and investors, 307.

No. of shares, 6,610.

00
68
83
56

Installment shares, dues------- $132,266
53,781
Installment shares, profits—
Paid-up and prepaid shares,
capital — ---------------- _ 103,100
Paid-up and prepaid shares,
2,938
dividends---------------------Overdrafts and bills payable- 16,000
7,243
Reserve and undivided profits
4,694
Loans due and incomplete—
480
All other liabilities-------- —

------- $320,504 07

R eceipts for F iscal Y ear.

_ _ $199,513 43




00
22
00
45
00
00

D isbursem ents for F iscal Year.
$1,400 00
49,218 25
1,353 20
69,401 72
36,216 13
16,600 00
3,964
30
1,800
358
202

68
56
00
48
58

18,967 83

Total disbursements — — $199,513 43

Installment Shares, With Age, Value, and Withdrawal Value.
Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 8.376 per cent.
Book value, dues plus dividend.
Withdrawal value,, same as book value.

89
51

Total liabilities-------- — $320,504 07

Balance from last report----- $25,965 10 Overdrafts and bills payableInstallment shares, dues__
34,678 48 Loans on mortgages and
Paid-up and prepaid shares,
shares _ ---------------- —
67,700 00 Interest paid -------------------dues -------------------------•_
Interest — ----------- ---------- 23,860 60 Dues
repaid,
installment
27 00
shares — -------- ------- —
Pines ----------------------------Pees ----- -- ---------------- _
207 25 Profits repaid, installment
Loans repaid
— ---------- 47,075 00
shares----- ---------------- —
Paid-up and prepaid shares,
ca p ita l---------- ----------Paid-up and prepaid shares,
dividends---------------------Advances, personal accountsSalaries ----------------- —
T axes----------------------------Other expenses — _ — _
Balance, cash in offiee and
b ank ----- ------------- -- —
Total receipts-----

President.

L iabilities,

A ssets.
Loans on mortgages and
shares-------------- ----- --- $301,025
480
Arrearages, on interest-------Cash in office and bank— _ 18,967
30
Advances, personal accounts-

Total assets -----

J. G iddings ,

108

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 92. WOODLAND.

NORTHERN CALIFORNIA BUILDING AND LOAN
ASSOCIATION.
A. A.

Colburn ,

(Incorporated October 2, 1911.)
H abby C. H uston , President
Fiscal year ended December 31, 1913.
No. of members and investors, 43.
No. of shares, 250.

Secretary.

No. of series, none.

Assets.

Liabilities.

Loans on mortgages and
Guarantee stock, capital----- $10,210 00
shares _ _ _
— __ $28,587 59 Paid-up and prepaid eertifiCash in office and bank____ _
945 59
cates, capital _ -------- _
8,025 00
Furniture and fixtures- — _
465 75 Paid-up and prepaid certifi
cates, dividends
----47 71
Investment certificates, principal _ ---------------2,529 00
Investment certificates, dividends _ _
—
_ _
34 43
8,030 50
Overdrafts and bills payable.
Reserve and undivided profits
2 29
Loans due and incomplete__
900 00
All other liabilities---------- -220 00
Total assets

—

—

$29,998 93

Receipts for Fiscal Year.

Balance from

last report___
Paid-up and prepaid eertificates, dues
_ __
Investment certificates _ ____
Interest __
_
__
Fees — _
____ _
Loans repaid
All other receipts_
_ _

Total receipts--------------

Total liabilities

______

Disbursements for Fiscal Year.

$3,409 01 Overdrafts and bills payable.
Loans on mortgages and
7,400 00
shares ______ _______
3,215 00 Interest paid
_ — __
Paid-up
and prepaid eertifi2,703 55
230 72
cates, capital ___
__
4,059 27 Paid-up and prepaid eertificates, dividends________
443 83
Investment certificates, principal __
---- _ _
Investment certificates, dividends — ----- ------- --- _ _
Salaries ___ — _________
Taxes _ — ----------Other expenses _ ---------All other disbursements___
Balance, cash in office and
bank _ — ____________

$21,461 38

Total disbursements____

Installm ent Shares, W ith A ge, V alue, and W ith draw al V alue.
Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$29,998 93

$1,969 50
13,280 04
534 70
550 00

81 86
2,609 00
53
660
25
242
510

38
00
00
20
11

945 59
$21,461 38

F O R E IG N A S S O C IA T IO N S .







REPORT ON BUILDING AND LOAN ASSOCIATIONS.

Ill

S A L T L A K E C ITY , U TA H .

WESTERN LOAN AND BUILDING COMPANY.
(Incorporated April, 1892.)
J ohn T. W h ite , Secretary.
P. W. M absen ,^President.
Fiscal year ended December 81, 1913.
No. of series, 127.
No. of shares, 99,005.
Liabilities.
46
66
95
62
00
75
82

T otal____________ ____ $1,548,082 26

Guarantee stock, capital— $150,000 00
60,000 00
General fund, stock---------Installment shares, dues and
profits------------------------- 995,450 97
Paid-up and prepaid shares,
d u e s -------------------------18,100 (X)
Paid-up and prepaid shares,
dividends--------------------301 (X)
“S” stock_______________
142,498 51
40,534
Advance payments, shares_
Bills payable----------------20,500
20,000
Debenture bonds-------------Reserve funds, surplus____
23,795 98
Profit and loss, undivided---75,404 85
Sundry ledger accounts----2,095 98

88®

Assets.
Loans—•
On definite contract, net—$1,386,653
On sh ares------------------30,404
Cash—In office---------------------11,486
In bank______________
32,067
Beal estate, owned, office
building______________
45,000
Advances, ledger accounts_
27,877
6,191
Other a sse ts-------------------

T o t a l____ t __________$1,548,682 26

Date of California license, August 26, 1913.
Stock sold in California to December 31, 1913, 7,590 shares.
Loans made in California to December 31, 1913, $82,900.00.
Full text of Annual Report on the Building and Loan Associations of the State of California : August 31, 1914

FRASER
