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ANNUAL REPORT I • ...................... O F. T H E *• . i. . superinteNDeNtOFBanks R E L A T IV E TO Savings and Loan Associations For the Year 1912 TRANSM ITTED TO THE LEGISLATURE MARCH 15, 1913 ALBANY J. B. LYON COMPANY, PRINTERS 1913 St a t e of N ew Y o r k No. 12. IN S E N A T E M arch 15, 1913. RE POR T OF THE S U P E R IN T E N D E N T OF BANKS R E L A T IV E TO S A V IN G S A N D L O A N A S S O C IA T IO N S . STATE OF N EW Y O R K : B a n k in g D A epartm ent, lbany, March 15, 1913. To the Honorable the President of the Senate: S ir .— In accordance with the provisions o f the banking law, I have the honor to transmit to the Legislature the annual report o f this Department, relative to savings and loan associations, for the year ending December 31, 1912. V ery respectfully, your obedient servant, GEO. O. V A N T U Y L , J r ., Superintendent of Banks. REPORT. To the Legislature: As required by law, I submit for your consideration the annual report o f this Department upon savings and loan associations. Although these associations, from some points of view, form a comparatively small and unimportant part o f the financial system of the State, they have, not only from the abuses formerly prac ticed by the so-called National Building and Loan Associations, but, also, from the fact that when properly conducted they do so much to encourage thrift and home-building among provident wage earners and come so closely in touch with their constituency, attracted more than the usual amount o f attention. They are of especial interest to the economist, for the reason that, with the exception o f the savings banks, they constitute the only class of strictly mutual financial institutions developed in this State which have stood the test of time and experience and hold forth promise o f continued usefulness. They differ from the savings banks in that they are not only mutual but co-operative, inasmuch as they elect their own officers and directors from year to year, while sav ings banks are, at their inception, placed in charge of essentially permanent and self-perpetuating boards of trustees. One association is still in existence which was organized in the year 1868 and there are one hundred and ninety associations that have been in business for more than twenty years. The associations organized under the very crude and general law o f 1851 were, according to their practices, divided into two general classes, known as Building Lot Associations and Building and Loan Associations. But one Building Lot Association still survives, the South Park Building Lot Association, o f Buffalo. This association has matured its shares and only awaits a favorable opportunity to sell its real estate in bulk and pay off its share holders. The article o f the present Banking Law providing for • the incorporation o f Building Lot Associations might well be repealed, as it seems evident that this form of association is [51 A nnual R eport of th e 6 practically obsolete. There are still two hundred and thirty-seven Building and Loan Associations, or, as they are now termed by law, Savings and Loan Associations. In like manner, the so-called Building and Loan Associations were, by general consent, again subdivided into two clashes which became popularly known as Rational Building and Loan Asso ciations and Local Building and Loan Associations, according to their practices and methods o f doing business. The two classes o f associations became so distinct and well defined and the de scriptive names so generally understood that although not used in the statute, they were generally recognized not only in the public press but in the reports o f this Department. A s a result o f mismanagement, most o f the associations formerly classified as Rational Associations have been closed at the instance o f this De partment, or forced into liquidation. Only eight remain, o f which number only three are still engaged in active business. From the original point o f view, some o f these associations might well be classified as Local Associations and, at the present time, none of o f them can under existing laws engage in the practices that ruined so many o f them and threatened to bring the whole Savings and Loan system into ill repute. Tw o hundred and twenty-nine associations are classified as strictly local associations. R a t io n a l A s s o c ia t io n s . The following is a list o f associations which were formerly known as Rational Building and Loan Associations: Commercial Union Co-operative Bank........................................................ Eagle Savings and Loan Company................................. •........................... Elm Permanent Loan Association................................................................ Elmira Mutual Building-Loan Association................................................. Rochester Savings and Loan Association.................................................... Western Savings and Loan Association....................................................... Bankers’ Loan and Investment Company................................................... Co-operative Building Bank......................................................................... A s s o c ia t io n s C losed by the S u p e r in t e n d e n t of Albany. Brooklyn. Buffalo. Elmira. Rochester. Rochester. New York. New York. B anks. Rotwithstanding the general prosperity enjoyed by associations o f this character since the last annual report, it has been found necessary or expedient during the year to close the following asso ciations heretofore classified as Rational Associations: Popular Banking, Savings and Loan Association....................................... Industrial Savings and Loan Company....................................................... Empire Savings and Loan Association........................................................ Birkbeck Investment, Savings and Loan Company of America.............. New York. New York. Syracuse. New York. S u p e r in t e n d e n t o f B a n k s . 7 The Popular Banking, Savings and Loan Association had been in liquidation for many years, and while its books showed it to be more than solvent, its former officers and directors had resigned or become ineligible and it became necessary for this Department to intervene, in order to protect the rights o f the few remaining shareholders in connection with litigation that was threatened. One o f the former officers o f the Birkbeck Investment Savings and Loan Company o f America had undertaken to protect the share holders o f the corporation at considerable expense to himself, but it was thought best fo r the Superintendent o f Banks to take pos session o f the property and business not so much for the benefit of shareholders as to insure a legal disposition of the assets of the corporation and its final dissolution at an early date. The affairs o f the Em pire Savings and Loan Association had already been substantially liquidated. Litigation, was, however, threatened and as the few remaining assets of the corporation, consisting o f real estate, were located near Hew York City, it seemed expedient for the Department to assume control, in order to conserve the assets and insure a just distribution among the members. It had not done any new business for many years. The Industrial Savings and Loan Company was one o f the largest remaining National Associations and one o f the few that was still engaged in active business. I t had made large loans upon property in which a Hew Jersey real estate corporation, closely connected with it, was interested and it became imperative to close the institution through the inability o f the latter corpora tion to fulfill the contracts made with it, or for its benefit. The real estate in the development o f which its funds had been invested was located in the Palisade region o f Hew Jersey opposite New' York City, and it had seemed in recent years that the increase in the value of this real estate resulting from the gradual building up o f the section might save the corporation from the results of past mismanagement. The real estate corporation, however, was unable to dispose o f its property under existing conditions, or to raise funds to continue its development and pay carrying charges. The affairs of the real estate company as well as of the Industrial A nnual, R e p o r t of t h e 8 Savings and Loan Company were carefully investigated by this Department, and it was found that the real estate company was hopelessly insolvent and that the interests o f the Industrial Sav ings and Loan Company were so closely interwoven with it that it would be impossible fo r that corporation to continue in business. W hile the property is favorably located and is believed to have substantial value, there is so little demand for suburban property at the present time that considerable time will undoubtedly elapse before the liquidation o f its affairs can be completed. moreover, a possibility o f considerable litigation. There is, The amount that will ultimately be paid to the shareholders o f this corporation w ill depend upon developments which cannot now be foreseen. It is believed, however, that they will ultimately receive a very considerable percentage o f their claims, and that a dividend can be paid before the close o f the present year. Another National Association, the National Mutual Building and Loan Association, o f New York, was finally liquidated during the year, it having taken the ordinary proceedings for a voluntary dissolution. A s s o c ia t io n s V o l u n t a r il y D is c o n t in u in g B u s in e s s . The following associations have discontinued business and made a final settlement with shareholders: Homestead Savings and Loan Association of Albany.................................. American Homestead Savings and Loan Association.................................. Prudential Savings and Loan Association..................................................... Rochester Permanent Savings Association.................................................... Hudson Co-operative Savings and Loan Association................................... Albany. Rochester. New York. Rochester. New York. A ll o f these associations, with the* exception o f the Hudson Co operative Savings and Loan Association, have been in process o f liquidation for many years. The liquidation o f the Rochester Permanent Savings Associa tion and o f the Hudson Co-operative Savings and Loan Associa tion has been completed since the close o f the last calendar year. 9 S U P E R IN T E N D E N T OF B A N K S . A s s o c ia t io n s i n L iq u id a t io n . In the report o f last year, I gave a list o f the associations still upon the roster o f the Department which were not engaged in active business, but were in process o f liquidation, believing it just both to the active associations and to the general public that the names o f these moribund associations should be known. The following are the names o f the associations o f this character which are still carried upon the official list o f the Department: Elmira Mutual Building-Loan Association................................................... Elm Permanent Loan Association................................................................. Richmond Avenue Permanent Dime Savings and Loan Association.......... Citizens Permanent Savings and Loan Association..................................... Security Loan Association.............................................................................. Western Savings and Loan Association........................................................ Harlem River Building, Loan and Savings Association............................... Mount Morris Co-operative Building and Loan Association................... Produce Exchange Building and Loan Association...................................... Safety Co-operative Building, Loan and Savings Association of New York C ity..................................................................................................... H A ew Elmira. Buffalo. Buffalo. Rochester. Rochester. Rochester. New York. New York. New York. New York. s s o c ia t io n s . The following associations were authorized during the last calendar year: The New York Edison Savings and Loan Association....... j ............. New York. The Polish Savings and Loan Association of Richmond County, N. Y ..................................................................................... :.............. Port Richmond. Security Savings and Loan Association of Buffalo, N. Y . ............... Buffalo. D is t r ib u t io n by C o u n t ie s R and C hanges in R eso urces as eported. The following table shows the location by counties of the two hundred and thirty-seven Savings and Loan Associations which reported for the calendar year ending December 31, 1912, to gether with changes in reported resources: 10 A nn u al R eport of th e R eported R esources . COUNTY. Albany..................................... Allegany.................................. Broome.................................... Cattaraugus............................ Chautauqua............................. Chemung. . . .•.......................... Chenango................................ Columbia................................. Cortland.................................. Delaware................................. Dutchess................................. Erie.......................................... Franklin.................................. Genesee................................... Greene..................................... Herkimer................................. Jefferson.................................. Kings....................................... Madison.................................. Monroe.................................... Nassau..................................... Niagara................................... Oneida..................................... Ontario.................................... Orange..................................... Orleans.................................... Oswego.................................... Otsego..................................... Queens..................................... Rensselaer............................... Richmond................................ Rockland................................. St. Lawrence........................... Schenectady............................ Steuben................................... Tioga....................................... Ulster...................................... Warren..................................... Washington............................. Westchester............................. Yates....................................... Totals............................... Num ber of associa tions. Dec. 31,1911 Dec. 31,1912 5 1 2 3 3 3 1 2 2 1 1 28 1 1 1 3 2 27 2 21 3 39 3 5 2 1 9 2 5 1 7 4 12 6 5 1 1 6 1 3 1 1 8 1 237 $964,479 197,885 211,726 846,840 358,553 1,614,352 288,471 13,407 22,736 9,023 486,101 5,143,536 76,060 423,124 118,360 536,196 409,515 9,121,483 185,492 2,157,551 336,612 11,638,137 1,475,001 3,375,320 229,466 497,932 1,843,438 269,685 1,054,327 379,436 816,758 2,439,101 3,219,140 1,358,300 1,438,499 46,476 674,426 1,074,832 157,389 327,479 406,960 3,966 1,368,342 18,142 $57,634,054 $1,021,404 200,794 233,727 925,317 402,723 1,675,438 309,002 22,646 32,972 9,937 551,635 5,686,902 88,524 481,891 139,255 638,403 454,780 9,394,344 191,863 2,366,880 365,997 8,873,583 1,646,276 3,796,843 219,236 591,181 1,949,747 284,082 1,231,763 437,962 838,053 2,811,503 3,698,318 1,480,672 1,572,573 41,561 728,349 1,217,563 179,351 338,571 438,341 9,171 1,440,632 20,746 $59,040,511 Increase. Decrease. $56,925 2,909 22,001 78,477 44,170 61,086 20,531 9,239 10,236 914 65,534 543,366 12,464 58,767 20,895 102,207 45,265 272,861 6,371 209,329 29,385 $2,764,554 .171,275 421,523 10,230 93,249 106,309 14,397 177,436 58,526 21,295 372,402 479,178 122,372 134,074 4,915 53,923 142,731 21,962 11,092 31,381 5,205 72,290 2,604 $4,186,156 $2,779,699 It will be noticed that the only county in which there was any considerable decrease in reported assets is the county o f New York in which the Industrial Savings and Loan Company and two other 11 S u p e r in t e n d e n t o f B a n k s . closed National Associations, the Popular Banking, Savings and Loan Association and the Birkbeck Investment Savings and Loan Company o f America, as well as the Prudential Savings and Loan Association and the Hudson Co-operative Savings and Loan Association, were located. .A# the three closed National Associations alone reported resources of $3,101,105 last year, it is evident that there was an increase in the resources o f the associations o f that county still in existence o f over $336,000. While, as this table indicates, Savings and Loan Associations have been extensively organized in the cities, it is clear that they also prosper in agricultural districts. There is probably no con siderable village in the State in which a properly. conducted Savings and Loan Association could not be organized to advantage and it is quite possible that their development in the rural dis tricts o f the State would satisfy existing demands for co-operative loaning institutions. They certainly encourage thrift and home owning and enable the honest and the frugal to obtain loans when ever adequate security can be furnished either by the individual borrower himself or through the co-operation of other members. C o m p a r a t iv e T a b l e . W hile the so-called National Associations are becoming com paratively negligible, it has been deemed advisable to continue the usual comparative table giving the principal items o f assets and liabilities, receipts and disbursements o f the National and Local Associations o f the State and other items of general interest as reported by them: A ssets. Nationals. Locals. Loans on bond and mortgage..................... $3,192,572 $48,901,865 Loans on shares........................................... 1,449,812 34,675 Stocks and bonds......................................... 6,868 606,826 Land contracts................... •........................ 262,709 30,365 Real estate.................................................... 1,015,409 1,066,315 Cash on hand and in bank......................... 1,875,614 120,236 Furniture and fixtures................................. 36,244 13,707 Installments due and unpaid...................... 23,576 Interest, premium, fees and fines due and unpaid....................................................... 27,656 74,660 242,084 Other assets.................................................. 59,318 Totals $4,734,478 $54,306,033 Totals. $52,094,437 1,484,487 613,694 293,074 2,081,724 1,995,850 49,951 23,576 102,316 301,402 $59,040,511 12 A n n u al R epoet of th e L ia b il it ie s . Nationals. Locals. Totals. Due shareholders, dues............................... Due shareholders, dividends credited........ Due shareholders, matured shares............. Balance due borrowers on mortgage loans. Prior mortgages............................................ Borrowed money.......................................... Earnings undivided..................................... Contingent fund........................................... Unearned or rebatable premium................ Other liabilities............................................ $3,580,405 $43,833,624 335,589 5,809,544 514,644 51,739 350,342 557,989 198,300 999,153 45,000 98,478 912,689 1,420,041 48,461 146,775 120,921 16,817 $47,414,029 6,145,133 566,383 350,342 756,289 1,044,153 1,011,167 1,468,502 146,775 137,738 Totals.................................................... $4,734,478 $54,306,033 $59,040,511 R e c e ip t s . Cash on hand January 1, 1912................... Dues received............................................... Prior mortgages........................................... Money borrowed.......................................... Mortgages redeemed................................... Loans on shares repaid................................ Real estate sold............................................ Fees received................................................ Fines received............................................... Interest received.......................................... Premium received........................................ Rent received............................................... Other receipts............................................... Totals.................................................... D $1,742,185 15,228,125 46,000 2,970,230 6,480,170 1,509,077 147,207 33,109 23,804 2,656,914 277,215 45,627 442,178 $1,853,167 18,029,512 57,500 2,987,850 6,855,899 1,550,707 226,722 34,451 27,496 2,848,559 298,599 98,340 579,390 $3,846,351 $31,601,841 $35,448,192 is b u r s e m e n t s . Loaned on mortgages.................................. Loaned on shares......................................... Payments to shareholders before maturity, dues........................................................... Payments to shareholders, dividends withdrawn......................................................... Cash dividends paid on income and accumulative prepaid shares.......................... Paid matured shares.................................... Paid borrowed money and prior mortgages. Paid interest on borrowed money and prior mortgages................................................. Paid for real estate...................................... Paid salaries and clerk hire......................... Paid advertising, printing and postage. . . . Paid rent...................................................... Paid repairs to real estate........................... Paid taxes, insurance, etc........................... Other disbursements.................................... Cash on hand December 31, 1912.............. Totals.................................................... $110,982 2,801,387 11,500 17,620 375,729 41,630 79,515 1,342 3,692 191,645 21,384 52,713 137,212 $235,700 $10,965,251 1,552,132 43,086 $11,200,951 1,595,218 2,541,320 9,319,179 11,860,499 128,968 804,349 933,317 66,710 12,570 286,320 189,068 2,665,946 3,012,425 255,778 2,678,516 3,298,745 46,030 98,760 30,790 5,953 7,436 19,882 18,679 183,911 120,236 62,492 317,823 231,305 34,225 33,047 21,588 46,936 470,461 1,875,614 108,522 416,583 262,095 40,178 40,483 41,470 65,615 654,372 1,995,850 $3,846,351 $31,601,841 $35,448,192 13 S u p e r in t e n d e n t o f B a n k s . M is c e l l a n e o u s I tem s. Locals. Nationals. Shares in force January 1, 1912................. Shares issued during the year..................... Shares withdrawn during the year............. Shares in force December 31, 1912............ Borrowing members..................................... Shares held by borrowing members........... Non-borrowing members............................. Shares held by non-borrowing members. . . Female shareholders*.................................. Shares held by females*.............................. Dividends credited on installment shares during the year........................................ Dividends credited or paid in cash on other shares during the year............................. Dividends forfeited during the year.......... Filed and unpaid withdrawals, December 31, 1912.................................................... Shares matured during the year............... Operating expenses for the year, paid. . . . Operating expenses for the year, unpaid.. Amount of mortgages on property in this State.......................................................... Number of foreclosures commenced in 1912................................... ....................... Number of foreclosures completed in 1912. Number of parcels of real estate acquired in 1912 by foreclosure or settlement of loans............................. •............................ C o m p a r is o n W it h Totals. 138,949 23,569 17,825 144,693 884 31,319 5,891 113,374 2,700 51,961 1,144,580 388,419 238,357 1,294,642 28,822 333,526 115,422 961,116 54,536 378,023 1,283,529 411,988 256,182 1,439,335 29,706 364,845 121,313 1,074,490 57,236 429,984 $50,905 $1,982,567 $2,033,472 102,331 7,894 408,917 52,411 511,248 60,305 43,530 13,061 50,299 63,443 2,748,179 337,120 1,110 106,973 2,761,240 387,419 1,110 3,397,584 46,012,649 49,410,233 15 9 122 82 137 91 22 55 77 P r e v io u s Y ears. The reported resources o f the National and Local Associations at the close o f the calendar year 1912 were $59,040,511, an in crease for the. year o f $1,406,457. These figures, however, owing to the closing o f the National Associations already referred to, but slightly reflect the exceptional progress made during the year by the strictly mutual type o f associations. The reported resources o f the Local Associations during the same period increased $4,721,463 and amounted to $54,306,033 at the close o f the year, a sum greater by over seventeen millions o f dollars than the amount reported by Local Associations in the year when the reported assets o f all the associations of the State reached the maximum figure o f sixty-six millions of dollars, and twenty-one and one-half millions o f dollars more than was re ported by them at the close o f the year 1904. As most o f the members o f such associations subscribe for installment shares upon which the accumulations are very gradual, erven these figures * Seventeen associations did not report in regard to these items. 14 A nnual R eport of th e do not indicate the increasing favor with which the strictly mu tual corporations are regarded as clearly as the figures with refer ence to membership and shares issued. Notwithstanding the loss in membership resulting from the closing o f four National Associations and the final liquidation o others, the membership o f all the associations o f the State in creased 8,727 during the year, so that at the close of the year there were 151,019 members. There was also an increase o f 155,806 in the outstanding shares. There were in force at the close of the year 411,988 shares. Two hundred fifty-six thousand one hundred and eighty-two shares, having a total withdrawal value o f $12,793,816, were withdrawn from the associations which re ported at the close o f the year. The associations paid matured shares to the amount of $2,678,516, o f which all but $12,570 was paid by the Local Asso ciations. They also paid to the holders o f income and accumula tive prepaid shares in cash the sum o f $255,778. They, there fore, returned to members during the year $15,728,110, or con siderably more than twenty-five per cent, o f the total resources at the close o f the year. These facts would seem to demonstrate the elasticity o f the system and emphasize the ability o f properly conducted associa tions to meet promptly all ordinary demands upon them. Not withstanding the fact that one hundred eighty-four out o f two hundred twenty-nine Local Associations reporting for the year have been in existence fo r over twenty years, the total amount of unsold real estate accumulated by them only amounted to a little over one million dollars out o f over fifty-four million dollars of reported assets. They had cash on hand at the close o f the year, notwithstanding the large payments made to members, o f $1,875,614. They also had on hand, and available in case o f unusual demands for cash, bonds o f the savings bank grade amounting to $606,826. The Department has, from time to time, called attention to the fact that it is absolutely necessary fo r a mutual corporation to make some provision fo r the payment o f contingent losses, i f it is to continue to exist, notwithstanding the contention o f mere theorists that the last dollar o f earnings should be distributed among’ present members. They forget that this compels future 15 S u p e r in t e n d e n t oe B a n k s . members to bear all the losses that may be incurred upon invest ments from which the earnings paid retiring members have been derived. A small contribution to a contingent or reserve fund merely insures incoming members from losses upon investments o f which withdrawing members have had the benefit and is ab solutely just and equitable. A fter considerable opposition, the .Department succeeded in securing an amendment to the statute some years ago by which the directors o f these associations were compelled to set aside to a contingent fund five per centum o f their- net earnings before the declaration o f dividends. A t the close o f last year, the contingent funds accumulated by tiie Local Associations amounted to $1,420,041, a sum equal to two and eighty-three one-hundreths per cent, o f the dues and dividends credited. They also reported undivided earnings amounting to $912,689, making a total surplus o f undivided earn ings o f $2,332,730 which was equal to four and sixty-five onehundredths per centum o f the $50,157,812 o f dues and dividends credited to their shareholders. The total dues and dividends credited to the members o f all the associations of the State, both National and Local, was $54,125,545 and the total undivided earnings o f these associations in cluding the contingent fund was $2,479,669, or four and fiftyeight one-hundredths per centum o f the accumulated capital. N et E a r n in g s , D i v id e n d s a n d O p e r a t in g E x p e n s e s . Although now operating under a uniform law, the different associations have some items both o f earnings and of expenses that cannot be readily tabulated under general headings. The principal items o f profits and o f expenses o f the two classes o f associations, together with net earnings and totals for the en tire State are shown in the following table: E a r n in g s . Nationals. Locals. Totals. Fees received................................................ Fines received.............................................. Interest received.......................................... Premium received........................................ Rent received............................................... Dividends forfeited...................................... $1,342 3,692 191,645 21,384 52,713 7,894 $33,109 23,804 2,656,914 277,215 45,627 52,411 $34,451 27,496 2,848,559 298,599 98,340 60,305 Totals........... ........................................ $278,670 $3,089,080 $3,367,750 1G A n n u a l R e p o r t o f t i ie E xpen ses. Nationals. Paid interest on prior mortgages and bor rowed money............................................. Paid salaries and clerk hire......................... Paid advertising, printing and postage----Paid rent....................................................... Paid repairs to real estate........................... Paid taxes, insurance, etc........................... Miscellaneous operating expenses.............. Locals. Totals. $46,030 30,790 5,953 7,436 19,882 18,679 6,120 $62,492 231,305 34,225 33,047 21,588 46,936 39,653 $108,522 262,095 40,178 40,483 41,470 65,615 45,773 Totals.................................................... $134,890 $469,246 $604,136 Net earnings................................................. $143,780 $2,619,834 $2,763,614 The dues and dividends credited to the members o f associations reporting for the year 1912, at the beginning of the year amounted to $49,324,463, o f which amount $45,571,413 was credited to members o f the Local Associations and $3,753,050 was credited to the members o f the National Associations. The net earnings o f all associations as shown by this table were $2,763,614, or ap proximately five and six-tenths per cent, o f the dues and dividends credited at the beginning o f the year. The net earnings o f the Local Associations amounted to $2,619,834, or five and threefourths per cent, o f their accrued capital at the beginning o f the year. A s heretofore noted, only three o f the National Associations are in active business and the net earnings o f the National Associa tions taken as a class only amounted to $143,780, or approxi mately three and eighty-three one-hundredths per cent, o f their accrued capital at the commencement o f the year. Two hundred sixteen Local Associations out o f two hundred twenty-nine credited dividends to their members upon their regu lar installment shares at an average rate o f five and six-tenths per cent. One hundred three o f these associations also credited divi dends upon other classes o f shares, the average rate o f dividends declared upon income and accumulative prepaid and savings shares being four and six-tenths per cent. Lour o f the eight National Associations also credited dividends to their members, the average rate upon installment shares being four and three-fourths per cent., and upon income and other shares four and one-half per cent. S u p e r in t e n d e n t o f B a n k s . 17 In order to curb the extravagance o f so-called National Asso ciations in the payment o f salaries and other expenses of a similar character, a limitation upon the total operating expenses o f such corporations was inserted in the law some years ago. The operat ing expenses, as defined in the statute, do not include the interest paid upon prior mortgages and borrowed money and certain other items o f general expense. The total operating expenses o f the associations of the State show a considerable decrease for the last calendar year. They amounted to $388,529, or approximately seventy-eight cents for each one hundred dollars o f capital. The operating expenses of the Local Associations amounted to $338,230, or about seventyfour cents for each one hundred dollars o f dues and dividends credited to their members at the beginning o f the year, while the National Associations expended one dollar and thirty-four cents for each one hundred dollars invested. I f a comparison be made with the total resources o f these asso ciations as reported at the close o f the year, it will be seen that the operating expenses o f all the associations o f the State amounted to sixty-six one-hundredths o f one per cent, of the total resources, while the operating expenses o f the Local Associations are only a little over sixty-two one-hundredths o f one per cent, o f the total resources. B ureau of S a v in g s and L oan A s s o c ia t io n s . This Department in the administrative division o f its work formerly maintained a separate Bureau in connection with the supervision o f Building and Loan Associations in which a deputy, a stenographer and a clerk were constantly employed. The salaries o f these employees, together with the expense o f printing reports and furnishing forms and stationery were, o f course, as sessed against the institutions for which the expenses were in curred. Eight or nine examiners were assigned to the work of this Bureau. A s a result o f the efforts o f this Department in correcting unbusinesslike methods, in eradicating evil and corrupt practices and in procuring the enactment o f laws to prevent the recurrence of such practices, both the work and the expense o f supervision have been greatly reduced and the so-called Bureau 18 A n n u al R eport of th e was abolished some years ago. USTo salaried employee o f the De partment now devotes all his time to these associations, or is wholly paid by an assessment upon them. Only three examiners are now regularly employed in their examination. As a result, the total assessment for general expenses of this Department levied upon these associations has been greatly reduced and has recently but slightly exceeded the salary formerly paid the head o f the Bureau, so that there has been economy in supervision as well as in management. A r t ic l e VI of the B a n k in g L a w . Tw o years ago all the associations o f the State were made sub ject to one general law, which was designed to promote uniformity among corporations o f this character, and which embodied the various remedial amendments to the statute which had been pre viously passed from time to time, as a result o f the experience of this Department in the work o f supervision. W hile a few changes in the statute were made by the Legis lature o f last year, in order to relieve conditions not foreseen at the time o f its enactment, the effect o f this legislation has un doubtedly been very beneficial. Although some further ainendments might relieve particular associations which are confronted with special conditions, there is no change for which there is so general a demand that it need be referred to in this report. Should the Legislature adopt a resolution authorizing the ap pointment o f a commission to revise the entire Banking Law, there are a number o f instances in which even this article can be made clearer and the language greatly improved. C O N C L U SIO N . In the appendix to this report, there will be printed the usual table giving in detail the assets and liabilities, receipts and dis bursements o f all the associations o f the State and particular items o f general interest, with totals by counties and for the entire State, as well as the reports o f the individual associations in slightly abbreviated form. That portion o f the Banking Law which relates to the supervision and management o f such asso S u p e r in t e n d e n t o f B a n k s . 19 ciations will also be printed in the appendix, and there will be included in it another table giving the names, locations, dates of organization and dates o f liquidation, if closed, of all the cor porations o f this character which ever reported to this Department. Respectfully submitted, G E O R G E C. V A N T U Y L , J r ., Superintendent of Banks. APPENDIX [21] L I S T OF SAVINGS AND LOAN ASSOCIATIONS That have Reported to the Bank'ng Department or have been Organized or Authorized under the Banking Law. From 1875 to 1913. IN C L U D IN G B U IL D IN G L O T A S S O C IA T IO N S . N ote .— T he asso< iations whose names are printed in Small C aps closed before 1890. The associations whose names are printed in I alics closed after 1890. The asso iations whose names are printed in Roman are in existence at this date, January 1, 1913. [23] LIST OF SAVINGS NAMES OF ASSOCIATIONS. G e r m a n Sa v in g s and B u il d in g F u n d A sso c ia t io n , N o . 8 ................. S a v in g s Sa v in g s Sa v in g s Sa v in g s Sa v in g s and and and and and B u il d in g B u il d in g B u il d in g B u il d in g B u il d in g Fund Fund Fund F und Fund A s s o c ia t io n , A s s o c ia t io n , A s s o c ia t io n , A s s o c ia t io n , A s s o c ia t io n , No. No. N o. N o. No. 4 ................................... 5 ................................... 6 ................................... 7 ................................... 9 ................................... Albany....................... Albany....................... Albany....................... Dec. 31, 1888 .Tan. 29, 1889 ’ 1868 1869 1868 Albany....................... Albany....................... Albany..................... 1873 July 15, 1890 Feb. 4, 1889 ALLEGANY COUNTY. Alfred Mutual Loan Association............................................................... and L o a n F u n d A s s o c ia t io n ................................ 1889 Binghamton.............. Binghamton.............. Binghamton.............. Jamestown................ Jamestown................ Jamestown................ Jamestown................ Jamestown................ Silver Creek............... May 22, 1891 Mar. 15, 1875 April 2, 1886 1891 1875 1887 ‘.Tune 24 1889 1889 Oct. 5, 1889 Feh i' 1892 Sept., 1882 1890 1892 1884 Nov. 1, May 13, April 1, Nov. 22, Nov. 22, Feb. 13, Aug. 5; April 15, 1881 1891 1890 1894 1883 1891 1890 1909 1881 1891 1889 1881 1881 1891 1890 1909 1893 *1881 1894 1895 1902 1901 §1894 1896 s s o c ia t io n s . CATTARAUGUS COUNTY. Gowanda Co-operative Savings and Loan Association........................... Olean Building, Loan and Savings Association....................................... Salamanca Loan and Building Association............................................. CHAUTAUQUA COUNTY. Chautauqua First Equitable Building Society......................................... Chautauqua National Building, Loan and Savings Association........... Dunkirk Savings and Loan Association................................................... Jamestown Co-operative Savings and Loan Association......................... Jamestown Permanent-Loan and Building Associationt....................... Lake Shore Savings and Loan Association.............................................. Scandinavian Building and Loan Association......................................... Silver Creek Co-operative Savings and Loan Association....................... *1876 *1876 *1878 *1877 *1877 ***Oct. 11, 1905 A Co-operative Building and Loan Association of Binghamton, N. Y ---Deposit Savings and Loan Association..................................................... Home Mutual Loan and Savings Association of Binghamton, N. Y . .. *1876 oan Ca t h o l ic B u il d in g *1888 tl892 L BROOME COUNTY. Binghamton and Washington Land Company......................................... 1892 1888 1891 1891 1876 1888 1889 1890 1875 1875 1875 1875 1875 1890 1890 and United States Building, Mutual Loan Accumulating Fund Association West End Savings and Loan Association................................................ Oct. 11, 1892 Nov. 5. 1888 Dec., 1890 Feb. 16, 1891 Closed. S a v in g s Homestead Savings and Loan Association of Albanj, N. Y ......................... Permanent Savings and Loan Association of Albany, N. Y ................. Safety Building-Loan and Savings Association of the City of Albany. Albany........................ Albany....................... First report for year. on L o a n A s s o c ia t io n ..................................................... Organized. eport and Central Savings and Loan Association...................................................... Commercial Union Co-operative Bank..................................................... Location. R ALBANY COUNTY. Albany County Savings and Loan Association of Albany, N. Y .......... A l b a n y Sa v in g s to LOAN ASSOCIATIONS. CHEMUNG COUNTY. Chemung Va ey Mutual Loan Association^......................................... Elmira Co-operative Savings and Loan Association............................ Elmira Mutual Building-Loan Association............................................ Queen City Homestead Association........................................................ Elmira. Elmira Elmira Elmira Elmira April, May 28, May 1, April 18, Sept., 1875 1888 1872 1893 1891 1875 1888 1875 1893 1891 .............1893 CHENANGO COUNTY. Chenango Co-operative Savings and Loan Association....................... Oxford Co-operative Savings and Loan Association.............................. Norwich Oxford. • April 24, 1888 July 23, 1897 1888 1897 ...........*i910 COLUMBIA COUNTY. Hudson Building and Loan Association............................................... Hudson Savings and Loan Association................................................. Stuyvesant Falls Building and Loan Association................................. Hudson...................... Hudson...................... Stuyvesant Falls. . .. Dec., 1875 April 20,1911 Jan. 1, 1881 1876 1911 1881 CORTLAND COUNTY. Century Co-operative Savings and Loan Association........................... Dime Savings and Loan Association..................................................... Marathon Cortland. Mar. 28, 1895 July 31, 1911 1895 1911 DELAWARE COUNTY. Walton Co-operative Savings and Loan Association (The)................. Walton Oct. 11, 1907 1907 DUTCHESS COUNTY. Home Co-operative Savings and Loan Association.............................. Poughkeepsie April, 1888 1882 E l m ir a B u il d in g L o a n A s s o c ia t io n ........................ *1882 ***1902 1890 Jan. 13, 1890 Buffalo. 1893 1890 Buffalo. 1887 1875 Mar. 21, 1872 *1875 Buffalo. ASt n a L o a n a n d A c c u m u l a t in g F u nd A s s o c ia t io n .......................... 1890 Oct. 23, 1889 Buffalo. -Etna Permanent Savings and Loan Association................................. 1875 June 3, 1874 *1878 A l l e m a n ia Sa v in g s a n d A id A s s o c ia t io n .............................................. Buffalo. ttl900 1890 Mar. 27, 1890 Buffalo. Amherst Savings and Aid Association................................................... 1900 Feb. 8. 1909 Amherst Savings and Loan A ssociation ^ ............................................ Mar. 27, 1890 Buffalo. *1879 Buffalo. 1876 April 11, 1876 A m ic a b l e Sa v in g s a n d A id A s s o c ia t io n ................................................ *1879 Mar. 16, 1875 1875 Buffalo. A u r o r a S a v in g s a n d A id A s s o c ia t io n ................. ............................... 1890 1896 Buffalo. April 2, 1888 Bavaria Mutual Permanent Savings and Loan Association............... *1875 Buffalo. 1875 Dec. 6, 1872 B a v a r ia St r e e t A id in g a n d A c c u m u la tin g So c i e t y ....................... 1895 1893 Buffalo. Black Rock Capital Savings and Loan Association............................. 1889 1890 Black Rock Mutual Home and Savings Association............................ Buffalo. April 7, 1890 1892 1890 Jan. 1, 1890 Buffalo. Bristol Permanent Dime Savings and Loan Association..................... 1893 1890 Buffalo. Broadway Dime Permanent Savings and Loan Association............... Feb. 27, 1890 **1894 1894 Mar. 31, 1891 Buffalo. Broadway Market Dime Permanent Savings and Loan Association. . 1893 1890 Jan. 8, 1890 Buffalo. Buffalo Building and Loan Association................................................ *1875 1875 Buffalo. B u f f a l o Ci t y Sa v in g s a n d M u t u a l B e n e f it F u n d A sso c ia tio n *1893 1890 Buffalo. Buffalo Dime Savings and Loan Association....................................... 1890 * The last report received was for that year. ** Consolidated with Prince Albert Permanent Savings and Loan Association. *** Receiver appointed, t Consolidated with West End Savings and Loan Association, tt Formerly Globe Permanent Dime Savings and Loan Association, q. v. t Formerly Jamestown Permanent Loan and Building Association, q. v. Reorganized December 17, 1894. tt Name changed to Amherst Savings and Loan Association March 19, 1900. § Reorganized as Jamestown Co-operative Savings and Loan Association, December 17, 1894. U Reorganized October 7, 1896. HU Formerly Amherst Savings and Aid Association, q. v. |IReincorporated July 9, 1895. s s o c ia t io n s . ERIE COUNTY. Acme Savings and Loan Associationt t ................................................. Adams Savings and Loan Association................................................... ||1888 A and Mar. 4, 1905 of F is h k il l B u il d in g *1878 is t of L o a n A s s o c ia t io n ............................................... L T own and to Ox L ist of S avings and L oan A ssociations — ( Continued). NAMES OF ASSOCIATIONS. Location, to os Organized. First report for year. Closed. R B u f fa lo Sa v in g s B u f f a l o Sa v in g s and and H e l p in g F u n d A s s o c ia t io n , N o . 2 ...................... H e l p in g F u n d A s s o c ia t io n , N o . 4 ...................... Mar. 31, Jan. 28, Aug. 10, Feb. 9, April, May 22, Feb. 22, 1893 1890 1904 1874 1888 1880 1876 June 6, 1890 July 1, 1885 May 31, 1887 May, 1884 1878 1891 1891 1878 1870 Feb. 3, 1890 April 30, 1890 Buffalo....................... Sept. 7, 1876 Buffalo....................... May 1, Mar. 22, Aug. 4, April 1, Oct. 4, May 24, 1894 1897 1869 1876 1870 1873 1875 1876 1875 1875 *1878 *1877 •*1875 1891 *1878 1897 Dec. 1, 1905 1892 *1877 *1879 *1875 1895 1897 *1875 *1880 *1876 *1875 s s o c ia t io n s . 4, 3, 24, 2, 12, *1877 *1878 1892 1897 *1875 1892 *1878 tl892 Dec. 17, 1894 *1879 1894 *1892 L oan A Aug. Sept. Nov. Mar. April 1892 Feb. 24,1912 1890 *1875 *1875 ttl901 *1890 May 22, 1908 *1875 July 25, 1894 and B u f f a l o W o r k in g m e n ’ s Sa v in g s a n d A id A ss o c ia t io n on t h e H il l Bunker HiU Permanent Savings and Loan Association.................................. C arlton Street Perm anent S avings and A id A ss ocia tion .................................. Ce n t e n n ia l L o a n a n d A c c u m u l a t in g F u n d A s s o c ia t io n ....................... C e n t e n n ia l Sa v in g s a n d A id A s s o c ia t io n , N o . 2 ...................................... Central Dime Building, Loan and Savings Association................................... Central Permanent Savings and Loan Association............................................. C e n t r a l Sa v in g s a n d A id A s s o c ia t io n ............................................................. Charter Oak, No . 3, Savings and Aid Association............................................ C h a r t e r O a k S a v in g s a n d A id A s s o c ia t io n .................................................. Chenango Savings and Loan Association............................................................... Cherry and Orange Permanent Savings and Aid Association........................ C it iz e n s ’ P e r m a n e n t L o a n A s s o c ia t io n .......................................................... City Dime Savings and Loan Association............................................................. Clinton Market Dime Savings and Loan Association....................................... Clinton M utual Savings and L oan A ss o cia tio n .................................................... Cl in t o n Sa v in g s a n d A id A s s o c ia t io n , N o . 2 ............................................... Cl in t o n S a v in g s a n d H e l p in g F u n d A s s o c ia t io n , N o. 2 ....................... Cl in t o n St r e e t Sa v in g s a n d A id A s s o c ia t io n ............................................ Coit Savings and Aid Association............................................................................. Co it St r e e t Sa v in g s a n d A id A s s o c ia t io n .................................................... Cold Springs Permanent Savings and Loan Associationt............................. Columbia Co-operative Savings and Loan Association§ ................................. Columbia Permanent Savings and Loan Association...................................... C o l u m b ia S a v in g s a n d A id A s s o c ia t io n ........................................................... Co l u m b ia Sa v in g s a n d A id A s s o c ia t io n , N o . 2 ......................................... C o l u m b u s Sa v in g s a n d A id A s s o c ia t io n ....................................................... Commercial Savings and Loan Association......................................................... Concordia Building and Loan CompanyH ........................................................... C o n c o r d ia Sa v in g s a n d A id A s s o c ia t io n ...................................................... C o n c o r d ia Sa v in g s a n d A id A sso c ia t io n o f B u f f a l o ........................... C o n c o r d ia Sa v in g s a n d A id A s s o c ia t io n , N o . 2........................................ Co n c o r d ia S a v in g s a n d A id A s s o c ia t io n , N o . 3....................................... Buffalo.................... 1890 1890 1890 1875 1875 1893 1890 1904 1875 1890 1890 1870 1876 1890 1890 1875 1890 1877 1890 1890 1878 1892 1891 1878 1878 1877 1875 1890 1875 1890 1894 1890 1875 1876 1875 S a y in g s Buffalo Savings and Loan Association.................................................................... Bu^alo Ten Cent Permanent Savings and Loan Association......................... Buffalo Union Co-operative Savings and Loan Association............................. June 21, 1887 Feb. 20, 1881 April 12, 1879 epo r t on E R I E C O U N T Y — { Continued). Buffalo Mutual Permanent Savings and Loan Association............................. Buffalo Permanent Mutual Loan Association, No . 2 ........................................ Buffalo Plains Loan and Aid Association........................................................ *1879 1876 1890 1892 1890 1902 1875 *1875 1895 1890 1899 1875 *1875 1875 *1876 Nov. 18, 1905 1892 Dec. 10, 1891 1891 Nov. 22, 1891 1893 1891 Sept. 11, 1888 1894 1876 *1878 April 11, 1888 1890 I893 1875 1877 1894 April 19, 1894 Jan. 2, 1887 1892 I894 Nov. 1, 1895 1895 1897 *1877 1875 Mar. 18, 1889 1889 April 6, 1878 1878 *1878 Feb., 1882 1890 1892 1890 Sept. 22, 1879 1875 *1876 April 3, 1888 1890 ,,1892 Feb. 27, 1890 1890 ttl899 Oct., 1888 1890 1902 1875 *1875 Dec. 21, 1883 1889 Aug. 6, 1870 1875 *1875 Mar. 10, 1877 1878 *1878 May, 1889 1890 1901 Mar. 4, 1890 1890 ttl896 1878 *1879 Dec. 2, 1889 1890 1897 May, 1889 1890 1892 April 17, 1871 1875 *1877 July, 1884 1890 1896 1878 *1878 jan. 5, 1871 1875 *1876 May 27, 1891 1891 Buffalo....................... July 1, 1890 1890 **1895 Mar. 7, 1877 1877 *1877 1875 *1875 Frontier Savings Fund and Aid Association................................................................... 1890 May 5, 1891 Frontier Savings Fund and Aid Association.......... ................................................... Buffalo....................... April 28, 1891 1891 1897 ♦The last report received was for that year. ** Amalgamated with Irish-American Savings and Loan Association. tConsolidated with Richmond Avenue Permanent Dime Savings and Loan Association. +t Receiver appointed t Did not report for year 1896. J Formerly Iroquois Permanent Dime Savings and Loan Association, q. v. 1 Attempted revival of St. Joseph’s Street Permanent Savings and Loan Association of Rochester a » • 1cosed by order of the Superintendent of Banks in J 897. ’ ' Co n c o r d ia S a v in g s A id A ss o c ia t io n , No. 3 . ....................................... ............. Buffalo....................... June Dec. Oct. July Aug. Jan. 7, 2, 16, 26, 14, 22, 1876 1889 1886 1872 1895 1889 L is t of A s s o c ia t io n s . and to L ist of S avings and to 00 L oan A ssociations — ( Continued ) NAMES OF ASSOCIATIONS. Location. Organized. First report for year. Closed. R German Permanent Dime Savings and Loan Association............................... G e r m a n Sa v in g s A id A s s o c ia t io n .................................................................. and A id A s s o c ia t io n ............................................................... A id A s s o c ia t io n ............................................................... H ic k o r y S a v in g s and A id A s s o c ia t io n ................................................................. High and Peach Savings and Loan Association.............................................. H ig h St r e e t Sa v in g s and A id A s s o c ia t io n ....................................................... Home Dime Savings and Loan Association....................................................... Homestead Savings and Loan Association....................................: ................. Howard and Watson Street Permanent Dime Savings and Loan Association Howard Dime Savings and Loan Association.................................................. Howard Mutual Savings and Loan Association............................................... Hydraulic Mutual Savings and Loan Association........................................... H y d r a u l ic Sa v in g s and A id A s s o c ia t io n ............................................................ Industry Permanent Dime Savings and Loan Association.......................... . I n t e r n a t io n a l L o a n and A c c u m u l a t in g F u n d A s s o c ia t io n .................... Irish-American Savings and Loan Association................................................. roguois Permanent Dime Savings and Loan Association............................... /J efferson and Cl in t o n L o a n and A c c u m u l a t in g F u nd A sso c ia t io n .. June Jan. 13, 1890 July 1, 1886 May 28, 1888 Jan. 7, 1889 Jan. 1, 1890 Buffalo....................... Buffalo....................... Feb. May Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Sept. 16, Oct. 6, June 4, Jan. 31, May 1, May 5, May 29, Feb. 19, 1882 1870 1890 1884 1890 1890 1883 1881 Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... June 24, July 21, April 4, Sept. 30, 1891 1875 1884 1890 1, 1890 5, 1873 7, 1885 1895 *1875 *1875 H1894 *1878 1H 1898 * * * D e c .2 2 ,1906 tttl9 0 3 *1878 *1878 *1876 1895 *1876 Feb. 27, 1912 1894 May 2, 1895 1893 *1875 *1877 ttl894 *187 s s o c ia t io n s . Hercules Permanent Savings and Loan Association....................................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Hamburgh................. 1111894 *1876 *1878 *1875 *1878 1893 1893 *1892 §1892 1896 A and and 1, Oct. 1, Oct. 1, Aug. 4, May 13, July 6, 1890 1875 1875 1875 1876 1892 1890 1891 1890 1892 1898 1891 1875 1875 1892 1876 1890 1890 1890 1889 1890 1875 1875 1890 1875 1890 1875 1890 1890 1890 1890 1890 1890 1875 1892 1876 1885 1890 1877 oan H a r m o n y Sa v in g s H e l v e t ia Sa v in g s July 1890 1871 1873 1869 1876 1890 1890 1890 1890 1890 1898 1878 1869 L Globe Permanent Dime Savings and Loan Association................................... Globe Savings and Loan Association.................................................................. Goodell Permanent Loan Association............................................................... Guilford Savings and Loan Association**......................................................... Hamburgh Savings and Loan Association........................................................ 20, 14, 5, 1, 8, and G e r m a n S a v in g s a n d A id A s s o c ia t io n .................................................................. G e r m a n N a t io n a l Sa v in g s a n d A id A s s o c ia t io n ............................................ Mar. Mar. June June May S a v in g s German-American Dime Savings and Loan Associationt ............................... German-American Permanent Savings and Loan Association........................ German-American Savings and Loan Association......................... ................... German Central Dime Permanent Mutual Savings and Loan Association___ German Central Permanent Dime Mutual Loan and Savings Association || .. German Co-operative Savings and Loan Association....................................... Germania Permanent Mutual Loan Association............................................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... on G e n e s e e S a v in g s a n d A id A s s o c ia t io n ................................................................ G e o r g e M u l l e n b e r g Sa v in g s a n d H e l p in g F und A s s o c ia t io n ............... G e o r g e W a s h in g t o n S a v in g s a n d H e l p in g F u nd A s s o c ia t io n ............... G e o r g e Wa s h in g t o n Sa v in g s a n d H e l p in g F u nd A ss o c ia t io n , N o . 2 .. eport ERIE COUNTY— (Continued). Genesee Permanent Dime Savings and Loan Association............................... 1894 1890 *1875 1875 1893 1890 April 16, 1883 *1880 1880 Feb. 24, 1880 April 14, 1908 1903 April 9, 1903 1893 1890 Sept. 6, 1887 ♦1878 1878 1902 1890 May 27, 1890 1894 1890 Sept. 8, 1886 1891 1890 June 2, 1891 1891 ♦♦♦Sept, 5,1905 *1878 1875 *1876 1875 Mar. 13, 1876 *1878 1878 July 3, 1891 1892 1894 1890 April 3, 1888 1895 1890 April 19, 1887 1894 Mar. 12, 1890 1890 1891 1890 *1876 Feb. 19, 1872 1875 1899 1887 1890 ***1902 Aug. 12, 1885 1890 *1892 Jan. 11, 1888 1890 1891 1893 1885 ttl896 Jan. 26, 1886 1890 ***1902 April 16, 1889 1890 Mutual Investment and Building Association of Buffalo................................................. 1892 July 14, 1911 Dec. 9, 1891 April 1, 1874 *1879 1875 *1879 Feb. 2, 1878 1878 1892 Mar. 16, 1895 1891 *1875 1875 1877 *1878 *1878 1878 1890 §§1893 Sept. 7, 1890 *1875 1875 June, 1870 May 9, 1890 1890 1894 1890 Aug. 25, 1888 1891 1899 Jan. 19, 1891 1891 June 19, 1905 April 6, 1891 1892 North Street Permanent Savings and Loan Association . ................................................ 1890 Oct. 26, 1886 Old Homestead Savings and Loan Association................................................................. Buffalo....................... 1890 1891 ♦The last report received was for that year. ♦♦Report for the year 1894 not officially filed. ♦** Receiver appointed, t Formerly German-American Savings and Loan Association, q. v. f t Name changed to Columbia Co-operative Savings and Loan Association, t t t Receiver appointed May 27, 1903. t Name changed to German-American Dime Savings and Loan Association, tt Name changed to Standard Savings and Loan Association of Buffalo, N. Y. J it Formerly Lovejoy Savings and Loan Association. §Name changed to German Central Permanent Dime Mutual Loan and Savings Asso ciation. §§ Consolidated with Plymouth Rock Savings and Aid Association. 1 Absorbed by the Safety Investment and Loan Company, Syracuse. H N am e changed to Acme Savings and Loan Association on the 23d of December, 1898. ||Formerly German Central Dime Permanent Mutual Savings and Loan Association. ||||Transferred to Fourth Ward Savings and Aid Association. Jefferson Permanent Dime Savings and Loan Association............................................. Sept. 10, 1888 L is t of A s s o c ia t io n s . Buffalo....................... to so L is t of Savings and L oan A ssociations — ( Continued). n a m e s o f a s s o c ia t io n s . Location. ERIE COUNTY — (Continued). 03 O Organized. Buffalo......................... Sycamore and Johnson Permanent Savings and Loan Association............................................. Buffalo......................... May 3, 1894 Aug., 1890 Jan. 26, 1889 Aug. 26, 1873 Jan. 22, 1891 May 8, 1893 June 20, 1894 Jan. 26, 1886 April 15,1899 June 19, 1888 *i878 1895 1894 §1894 *1877 1894 Feb. 17, 1912 1892 **1892 s s o c ia t io n s . Mar. 13,1871 Mar. 14, 1889 Sept. 27, 1912 1895 1893 1891 *1875 *1878 May 28, 1895 A 1890 1895 1888 1888 oan Mar. 6, April 9, Nov. 19, Mar. 12, L Feb. 24, 1890 Oct. 28, 1890 and Buffalo......................... *1892 *1875 *1878 1897 *1875 1892 1894 *1878 S a v in g s Feb. 12, 1878 April 16,1888 1893 *1875 *1875 *1877 *1879 1893 *1879 *1877 1894 +1894 on Mar. 8, 1877 Feb. 28, 1891 Mar. 21, 1879 May 18, 1872 Mar. 4, 1890 Mar. 27, 1884 Mar. 29i 1909 Jan. 29, 1890 1892 1894 *1878 eport April 5, 1890 Mar., 1889 1890 1890 1878 1890 1890 1875 1875 1877 1878 1891 1879 1875 1890 1890 1909 1890 1875 1878 1892 1875 1890 1890 1877 1890 1895 1890 1890. 1890 1875 1878 1890 1912 1875 1894 1890 1890 1875 1891 1894 || 1896 ]890 1890 Closed. R Aug. 13, 1889 April 29, 1990 First report for year. Sycamore and Johnson Savings and Loan Association t t ........................ Sycamore Savings and Loan Association.................................................... S y c a m o r e S t r e e t S a v in g s and A id A sso c ia t io n ................................... Terrace Savings and Loan Association....................................................... Third Ward Permanent Savings and Loan Association............................ T h ir t e e n t h W a r d L o a n a n d A cc u m u la tin g F u nd A s s o c ia t io n .. T h u r in g ia Sa v in g s a n d A id A s s o c ia t io n .................................................. T o n a w a n d a A id a n d S a v in g s A s s o c ia t io n ............................................... Tonawanda Enterprise Aid and Savings Association............................... Twelfth Ward Savings and Aid Association............................................... U n io n L o a n and A c c u m u l a t in g F u nd A ss o c ia t io n ............................ Union Savings and Aid Association.......................................................... U n io n S a v in g s and M u t u a l B e n e f it A ss o c ia t io n ............................... Walden Avenue Dime Savings and Loan Association............................. Walden Avenue Permanent Savings and Loan Association.................... Waverly Co-operative Savings and Loan Association................................ May 17, 1875 Feb. 10.1899 1899 1894 1893 *1875 *1878 *1879 FULTON COUNTY. Gloversville Building and Loan Association............................................. Gloversvitte Homestead Building and Loan Association.......................... People's Savings and Loan Association.................................................... Gloversville................ Gloversville................ Gloversville................ Oct. 2, 1888 July 30, 1891 Sept., 1891 1889 1891 1891 Oct. 13, 1908 tSept., 1891 1902 GENESEE COUNTY. Genesee County Permanent Loan and Building Association.................. Genesee County Loan Association^........................................................ Batavia...................... April 15, 1879 April 15, 1879 1879 1879 tt tia o i GREENE COUNTY. 1889 Building and Loan Association of Catskill b.......................................... Feb., 1889 Catskill Savings and Loan Association a .................. .............................. Catskill...................... * The last report received was for that year. ** Name changed to Sycamore and Johnson Savings and Loan Association. t Business taken by the Freehold Savings and Loan Association in October. t t Formerly Sycamore and Johnson Permanent Savings and Loan Association, q. v. tTt Name changed to Genesee County Loan Association. J All members not withdrawn were transferred to the Commercial Union Co-operative Bank, Albany. Formerly Genesee County Permanent Loan and Building Association, q. v. § Consolidated with Masten and Easton Permanent Savings and Aid Association. IT Formerly Mulberry Permanent Savings and Loan Association, No. 3, q. v. ||Never completed incorporation, a Formerly Building and Loan Association of Catskill. b Name changed to Catskill Savings and Loan Association April 1, 1911. s s o c ia t io n s . Buffalo....................... FRANKLIN COUNTY. Saranac Lake Co-operative Savings and Loan Association.................... *1876 *1875 *1878 Sept. 26, 1905 1893 1893 A Buffalo....................... Buffalo....................... Buffalo....................... 21, 1872 4, 1904 1889 27, 1887 2, 1882 9, 1889 13, 1879 6, 1888 16, 1869 April 29,1895 *1875 1892 1896 *1876 *1878 *1889 1894 1894 *1876 Aug. 20, 1895 *1875 1893 1895 of W o r k in g m a n S a v in g s a n d A id A s s o c ia t io n ........................................... W o r k in g m e n ’ s S a v in g s a n d A id A ss o c ia t io n ........................................ W o r k in g m e n ’ s Sa v in g s a n d L o a n F u n d A s s o c ia t io n ....................... Buffalo....................... Buffalo....................... Buffalo....................... West Seneca.............. Buffalo....................... Buffalo....................... Sept. 28, 1885 Feb. 13, 1888 June 22, 1872 Sept 26, 1874 May 7, 1883 Mar. 23,1887 Mar. 10,1887 Aug. 8,1876 1888 June 24, 1869 April 13, 1889 Mar. 26, 1889 July 5, 1894 Sept. 16,1870 is t West Seneca Co-operative Savings and Loan Association....................... . West Side Savings and Loan Association................................................. West Utica Street Loan and Savings Association.................................... William and Sherman Mutual Savings and Loan Association.............. William Street Dime Savings and Loan Association............................... William Street Permanent Savings and Loan Association.................... Winslow Permanent Savings and Loan Association................................ Mar. May Dec., Mar. Oct. July Oct. Aug. Aug. Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Tonawanda................ Tonawanda................ Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... Buffalo....................... June 19, 1888 Oct. 18,1886 L W e s t e r n L o a n a n d A c c u m u l a t in g F u nd A s s o c ia t io n .................... W e s t e r n Sa v in g s a n d A id A s s o c ia t io n ................................................... W e s t p h a l ia , N o . 2, L o a n a n d A cc u m u la tin g F u n d A sso c ia tio n 1892 1890 1875 1890 1890 1875 1875 1889 1889 1890 1876 1890 1875 1890 1890 || 1876 1875 1875 1904 1890 1890 1890 1890 1879 1890 1875 1877 1875 Buffalo....................... L is t of Savings NAMES OF ASSOCIATIONS. and Location to Organized. First report for year. Oct. 13, 1891 Dec. 12, 1911 July 1, 1898 Oct. 3, 1888 1892 1911 1898 1890 March, 1889 April 21, 1900 Dec. 19, 1887 1890 1890 1900 1888 1902 1901 Sept. 25, April 25, May 14, April 25, 1893 1894 1888 1894 1893 1894 1888 1894 JMay 31. 1894 Jan., 1888 June 16, 1893 Nov. 16, 1885 Mar. 2. 1837 1888 1885 1887 Jan. July Nov. May June April 1883 1889 1890 1888 1891 1885 1889 1889 1895 1897 1888 1886 1888 1904 1889 1890 1890 1895 1890 1888 1890 1904 1889 1902 **1897 m Oct. 4, 1906 1897 Sept. 2, 1911 s s o c ia t io n s . Feb. 21, July 19, July 22, June 10, Oct. 2, Sept. 8, Jan. 17, Aug. 18, May 27, 111896 1893 A 1899 1890 1894 1890 oan 1899 1888 1894 1889 L 10, 4, 26, 19, 1894 and 1892 May June June Dec. **H S a v in g s Sept. 20, 1892 July 13, 1911 on 1883 1888 1889 1888 1891 1885 mwoo eport 16, 27, 18, 3, 30, 26, § Closed. R HERKIMER COUNTY. Dolgeville Savings, Building and Loan Association.......... Dolgeville Frankfort Savings and Loan Association.......................... Frankfort Herkimer Co-operative Savings and Loan Association.. . Herkimer. Ilion Permanent Savings, Building and Loan Association Ilion........ JEFFERSON COUNTY. Carthage Savings, Loan and Building Association......... Carthage. . Security Building, Loan and Savings Association......... Clayton. . • Watertown Homestead Investment Company................... Watertown Watertown Savings, Loan and Building Association... Watertown KINGS COUNTY. Afro-American Investment and Building Company^ t f f ................................................ Brooklyn. . . Atlantic Building and Loan Association of Brooklynf .................................................... Brooklyn. . . Atlantic Co-operative Savings and Loan Association....................................................... Brooklyn... Atlantic Co-operative Savings and Loan Association*** l .............................................. Brooklyn.. ■ Atlantic Savings and Loan Association k......................................................................... Brooklyn... Bay Ridge Savings and Loan Association a ..................................................................... Brooklyn... Bedford Co-operative Building-Loan Association............................................................ Brooklyn. . . Bennett Homestead Association.......................................................................................... Brooklyn. . . Brooklyn and New York Arcanum Building, Loan and Savings Association.,.......... Brooklyn. . . Brooklyn City Co-operative Building and Loan Association d........................................ Brooklyn. . . Brooklyn City Savings and Loan Association c............................................................... Brooklyn. . . Brooklyn Mutual Building and Loan Association.......................................................... Brooklyn. . . Bushwick Co-operative Building and Loan Association.................................................. Bath Beach Citizens' Co-operative Building and Loan Association of Bath Beach, N. Y .............. Brooklyn. . . Crescent Building and Loan Association.......................................................................... Brooklyn. . . Eagle Savings and Loan CompanyH.................................................................................. Brooklyn... East Brooklyn Co-operative Building Associationf....... : ................................................. Brooklyn. . . East Brooklyn Savings and Loan Association e............................................................... Brooklyn... East New York Co-operative Savings and Building-Loan Association h..................... Brooklyn... East New York Savings and Loan Association a............................................................ Brooklyn. . . Empire State Co-operative Savings and Loan Assoaafionttt........................................ Brooklyn. . . Equitable Co-operative Building and Loan Association................................................. Brooklyn. . . Excelsior Co-operative Savings and Loan Association..................................................... Brooklyn... Fifth Avenue Co-operative Building and Loan Association m....................................... Brooklyn. . . F*fth Avenue Savings and Loan Association......... ....................................................... Brooklyn. . . Flat bush Co-operative Savings and Loan Association.................................................... Brooklyn. . . Fort Greene Co-operative Building and Loan Association............................................ Brooklyn. . . Fortuna Building, Co-operative Savings and Loan Association...................................... Brooklyn. . . Franklin Co-operative Savings and Loan Association...................................................... Brooklyn. . . Fulton Co-operative Building and Loan Association...................................................... Brooklyn. . . German Building and Saving Company of Brooklyn, N. Y ........................................... Brooklyn... Germania Building, Saving and Loan Institution........................................................... Brooklyn. . . Greenpoint Polish Co-operative Savings and Loan A ssocialion ftfft........................... Brooklyn.. . Hamilton Co-operative Building and Loan Association.................................................. Brooklyn... GO L oan A ssociations — (Continued) Sept. 4, 1889 1890 1893 Dansville.................... Jan. 16, 1888 1888 {{1 8 9 7 Canastota.................. Oneida........................ Feb. 9, 1889 May 16, 1887 1889 1887 1890 Oct. 9, 1890 1903 1875 *1876 May, 1888 1896 American Homestead Saving and Loan Association§§.......................................... Rochester................... *The last report received was for that year. ** Absorbed by Equitable Co-operative Building and Loan Association. *** Formerly Atlantic Building and Loan Association of Brooklyn, N. Y., q. v. t Successor to Atlantic Co-operative Savings and Loan Association, t t Reincorporated July 9, 1895. tt t Removed from New York county in 1899. t t t t Removed from New York county in 1908. t t t t t Taken possession of and closed by Superintendent of Banks. {Succeeded by Atlantic Building and Loan Association, q. v. { { Receiver appointed January 20, 1897. { { { Receiver appointed. §Did not do any business. §§ Formerly Goodman Street Dime Savings and Loan Association, q. v. HRemoved from Buffalo in 1897. HI Name changed to Provident Savings-Loan Investment Company. ||Merged in the Franklin Society for Home-building and Savings, of New York city. a Formerly Town of New Utrecht Co-operative Building and Loan Association. 6Name changed to Bay Ridge Savings and Loan Association, Feb. 15, 1911. c Formerly Brooklyn City Co-operative Building and Loan Association. <f Name changed to Brooklyn City Savings and Loan Association Jan. 1, 1911. eFormerly East Brooklyn Co-operative Building Association. /Name changed to East Brooklyn Savings and Loan Association Feb. 1, 1911. eFormerly East New York Co-operative Savings and Building-Loan Association. AName changed to East New York Savings and Loan Association Feb. 21, 1911. »Formerly South Brooklyn Co-operative Building and Loan Association. j Name changed to South Brooklyn Savings and Loan Association March 15, 1911. A;Formerly Atlantic Co-operative Savings and Loan Association. I Name changed to Atlantic Savings and Loan Association April 15,1911. m Name changed to Fifth Avenue Savings and Loan Association July 15,1911. A l l e m a n ia Sa v in g s , A id and s s o c ia t io n s . Lowville..................... A 12,188818891889 Mar. 6,1909 1888 1888 1887 1888 1893 1888 1890 1901 1890 10, 18881888 1888 Feb. 2, 1906 1888 28. 18881890 1890 Nov. 6,1911 1888 1889 1888 *1890 1890 1899 1882 Brooklyn.................... Jan., 1896 1889 Brooklyn.................... Oct., 1890 Sept. 7," 1894 1890 Brooklyn.................... June, 1889 1902 1901 Brooklyn.................... Aug. 26, 1901 tttl9 0 1 Brooklyn................... May 13, 1893 1893 1890 Brooklyn.................... April 25, 1889 ’ ” 1898 Brooklyn................... Oct. 16, 1890 1890 1891 1889 July 30, ____ 1895 Brooklyn.................... ........... „ __________ _ _ „ __, ____ 1896 2, 1884 Brooklyn.................... July 2,1884 Brooklyn..................... 1885 { { { Sept. 2,1910 1900 Brookl yn .................... Oct. 17, 1900 May 19, 1890 1890 Brooklyn............. Brooklyn.................... May 11, 1886 1888 ______ „ ................................................................. . Brooklyn.................... July July 29,1897 1897 June 24,1909 29, 1897 1897 Brooklyn.................... 1890 Brooklyn.................... Mar. 28, 1887 1895 Brooklyn.................... Mar. 27, 1895 Brooklyn.................... April 14, 1890 1890 ................. . ____ 1896 Brooklyn.................... 18, 1896 Brooklyn.................... May May 18,1896 1896 Oct. 24, 1904 Brooklyn.................... April April 8,1905 8, 1905 1905 1905 Aug. 19, 1909 Brooklyn.................... of Dec. 12, Dec. Sept. 1, Jan. 21, Jan. 10, Jan. Mar.28, Mar. July, is t Brooklyn............... Brooklyn.................... Brooklyn................... Brooklyn................... Brooklyn.................... Brooklyn.................... Brooklyn.................... Brooklyn.................... Brooklyn.................... L Homestead, Co-operative Building and Loan Association.............................................. Industrial Co-operative Building and Loan Association.................................................. John H. Shults Co-operative Building and Loan Association......................................... Kings County Co-operative Building and Loan Association............................................. Long Island Building and Loan Association...................................................................... Madison Co-operative Building and Loan Association.......................................... Mechanics’ Co-operative Bank.................................................................................. Mercantile Association of Brooklynf t ..................................................................... Model Building and Loan Association of Brooklyn, N. Y .................................... to Montauk Building and Loan Association................................................................ Montauk Co-operative Savings and Loan Association................. ........................... Mutual Benefit Loan and Building Company.......................................................... Nassau Co-operative Building and Loan Association............................................ Ninth Street Savings and Loan Association.............................................................. People’s Building and Loan Association................................................................... People’s Co-operative Savings and Loan Association of Brooklyn........................ People’s Real Estate Tontinet t t t ............................................................................... '.... Polish-American Co-operative Savings and Loan Association................................ Prospect Home Building and Loan Association...................................................... South Brooklyn Co-operative Building and Loan Association j ............................. South Brooklyn Savings and Loan Association i .................................................... . . . Suburban Co-operative Savings and Loan Association....................................................... Town of New Utrecht Co-operative Building and Loan Association b................ Twenty-ninth Ward Co-operative Savings and Loan Association......................... Union Co-operative Building and Loan Associationtt............................................ West End Co-operative Savings and Loan Association of Brooklyn.................................. Williamsburgh Co-operative Savings and Loan A sso cia tio n ^ ^ ..................................... LEWIS COUNTY. Lowville Savings and Loan Association..................................................................... LIVINGSTON COUNTY. Dansville Savings and Loan Association................................................................... MADISON COUNTY. Canastota Savings and Loan Association................................................................. Oneida Saving, Building and Loan Association....................................................... MONROE COUNTY. Alliance Loan Association..................... .................................................................. Rochester.................. L o a n A s s o c ia t io n ......................................................... CO CO L is t of Sa v in g s and L oan A s s o c ia t io n s — n a m e s o f a s s o c ia t io n s . ( Continued ) . Location. 00 Organized. First report for year. Closed. R Mar. 9, 1891 Dec., 1889 Equity Co-operative Savings and Loan Association........................................................ Rochester.................. May 27, 1891 Oct. 4, 1889 Jan. 12, 1895 Mar. 2, 1891 Oct. 13, 1894 1897 *1875 *1900 1893 *1877 Dec. 4, 1905 Apr. 12, 1907 *1875 *1875 tl893 1895 §1891 1894 March 6, 1909 1898 Nov. 21, 1892 s s o c ia t io n s . Jan. 25, 1888 Jan. 25, 1888 A April, 1885 Sept. 26, 1889 Jan., 1872 1894 oan June, 1886 May 18, 1891 1898 *1876 1903 *1876 1898 L 1891 1871 1885 188^ 1889 1908 1886 1890 and East Rochester.......... Jan. 9, May 12, June 3, May 17, Sept., June 17, Oct. 1, June 25, 1902 *1875 1894 a v in g s Sept. 22,. 1891 Feb. 28, 1884 Feb. 24, 1893 S July 12, 1887 July 30, 1872 Aug. 9, 1886 Mar. 15, 1890 *1875 1898 1898 1891 April 25, 1910 1901 *1875 1891 July 1, 1892 *1875 on Jan. 18, 1888 Sept. 3, 1887 Oct. 20, 1871 Brown Street and Jefferson "Avenue Dime Permanent Savings and Loan Association. 1875 1891 1891 1890 1890 1890 1875 1890 1890 1875 1890 1890 1875 1891 1890 1893 1875 1891 1875 1890 1890 1891 1908 1890 1890 1875 1890 1891 1875 1889 1890 1875 1875 1891 1893 1890 1891 1890 1895 1891 1895 eport MONROE COUNTY— {Continued). Fourteenth Ward Dime Permanent Savings and Loan Association. Fourth Ward Permanent Savings and Loan Association................ Rochester................... Rochester................... Rochester................... Rochester................. Rochester................... Rochester................... Rochester................... Rochester................... Rochester................... Rochester................... May 4, 1887 April 3, 1888 May 23, 1873 1888 Aug. 20, 1887 Mar. 27, 1891 Sept. 17, 1887 Mar. 5, 1891 Aug., 1891 Aug. 20, 1891 Rochester................... Rochester................... Rochester................... 1886 May 24, 1885 Mar. 14, 1871 Rochester................... Rochester................... Rochester................... Rochester................... Rochester......... ......... Rochester................... Rochester................... Rochester................... Rochester................... Rochester................... Rochester................... Rochester................... Rochester................... Rochester................... Rochester................... Mar. 1, 1887 May, 1888 Nov. 14, 1889 1889 Sept. 4, 1888 1891 May 20, 1889 Oct. 25, 1882 1891 Jan. 1, 1886 Mar. 30, 1910 Oct. 13, 1881 Oct. 29, 1891 Nov. 2, 1885 May 5, 1871 Rochester................... Rochester................... Oct. 9, 1890 May 16, 1890 F r a n k f o r t M u t u a l A id and L o a n A ss o c ia t io n ............................. Frankfort Permanent Savings and Loan Association...................... Franklin Dime Permanent Loan Association................................. Gardiner Homestead Tract Association............................................ Genesee Falls Permanent Savings and Loan Association.............. Genesee National Savings and Loan Association............................. Genesee Park Boulevard Homestead Association............................. Genesee Park Tract Association........................................................ Genesee Valley Permanent Savings and Loan Association............. German-American Savings and Aid Association............................. Germania Permanent Savings and Loan Association..................... G e r m a n ia Sa v in g s , A id a n d L o a n A s s o c ia t io n .............................. G l e n w o o d M u t u a l H o m e st e a d A ss o c ia t io n ................................... Glenwood Permanent Savings and Loan Association...................... Goodman Street Dime Savings and Loan Association..................... Goodman Street Homestead Association............................................. Grand Avenue Building Lot Association.......................................... Hawthorne Terrace Association......................................................... Hayward and Girard Park Lot Association.................................... Hayward Homestead Tract Association........................................... Herman Permanent Savings and Loan Association........................ Highland Terrace Association........................................................... Home Banking and Loan Association.............................................. Home Builders’ Co-operative Savings and Loan Association....... Homestead Loan Association............................................................ Hudson Avenue Building Lot Association......................... '■........... Hudson Street Permanent Saving and Loan Association.............. H u m b o l d t Sa v in g s , A id a n d L o a n A ss o c ia t io n ............................. I n d e p e n d e n t B u il d in g L o t A s s o c ia t io n .......................................... Industrial Loan Association............................................................... Jackson Homestead Association- . •.................................................... J a y St r e e t a n d P o ol F a r m B u il d in g L o t A ss o c ia t io n ............. J a y St r e e t B u il d in g , A id a n d L o a n A s s o c ia t io n ......................... Rochester................... June 29, 1871 Jennings Park Homestead Association............................................. Rochester................... July 21, 1890 Kellogg Homestead Association......................................................... 1891 Rochester................... Lake Avenue Permanent Savings and Loan Association................ Rochester................... Feb. 5, 1889 * The last report received was for that year, t Name changed to Empire Permanent Savings and Loan Association, nent Loan Association, q. v. § Went into hands of receiver. 1 Name changed to American Homestead Savings and changed to Mutual Benefit Savings and Loan Association. s s o c ia t io n s . May 29, 1872 Jan., 1888 A Rochester................... F o u r t e e n t h W a r d C o - o p e r a t iv e B u ild in g L o t A sso c ia t io n .. §1899 1890 1890 1895 1891 1894 1890 Jan. 22, 1907 1890 *1876 1875 *1877 1875 *1875 1875 Dec. 30, 1904 1891 *1875 1875 1900 1890 HJan. 4, 1892 1888 1875 *1875 1890 *1895 1890 1901 1891 1902 1890 1891 §1901 1891 Aug, 1893 1891 *1891 1890 1891 1890 1892 1890 1902 1875 *1875 1875 *1875 1890 1896 1890 11896 1890 1902 1890 1894 1890 1900 1891 July 10, 1893 1890 .1896 1890 Nov. 4, 1904 1891 1891 1890 §1899 1910 1890 1891 1896 1890 1875 *1875 1875 *1875 1891 1892 1890 1900 1875 *1875 1875 *1876 1891 1893 1891 1893 1890 1901 t Formerly Empire PermaLpan Association. ||Name of Flower City Co-operative Savings and Loan Association................ F l o u r C i t y S a v in g s a n d A id A s s o c ia t io n ........................................ F l o u r Ci t y Sa v in g s a n d L o a n A s s o c ia t io n .................................... Fl o w e r Ci t y B u il d in g L o t A s s o c ia t io n ........................................... 1888 1888 1891 1889 1886 1871 is t June 9, May 7, Feb. 24, May 21, Sept. 23, Sept. 7, L Rochester................. Fairport..................... Rochester................... Rochester................... Rochester................... Rochester................... Expressmen's Permanent Savings and Loan Association........... . Fairport Permanent Loan Association............................................. Felix Wolf Land and Building Association..................................... Fifteenth Ward Loan Association..................................................... Fifth Ward Permanent Savings and Loan Association.................. Co cn L is t op S a v in g s and L oan A s s o c ia t io n s — ( Continued) co 05 NAMES OF ASSOCIATIONS. Location. Organized. First report for year. Closed. R M o n r o e Co - o p e r a t iv e B u il d in g L o t A s s o c ia t io n ................................................. Monroe County Permanent Savings and Loan Association.................................. and L o a n A s s o c ia t io n .......................................................... and Rochester.................. A id A s s o c ia t io n ........................................................ North Clinton Street Mechanics’ Saving and Loan Association........................... North-eastern Permanent Savings and Loan Association................................... North Rochester Savings and Loan Association.................................................... N o r t h St r e e t Ce n t r a l Sa v in g s , A id and L o a n A s s o c ia t io n ........................... North-western Homestead Association.................................................................... O n t a r io Sa v in g s , A id a n d L o a n A s s o c ia t io n .......................................................... O n t a r io St r e e t S a v in g s a n d A id A s s o c ia t io n ....................................................... Park Avenue Loan Association............................................................................... People’s Permanent Savings and Loan Association.............................................. Rochester................... May 1, 1872 Mar. 16, 1888 Oct. 8, 1885 s s o c ia t io n s . N o r t h Cl in t o n Sa v in g s *1877 $1894 1903 Sept. 29, 1904 June 22, 1911 1896 1897 1902 *1875 Dec. 13. 1907 Nov. 24, 1908 Jan. 2, 1905 *1875 Mar. 14, 1894 *1876 *1875 April 10,1908 Jan. 23, 1909 A National Savings and Loan Association................................................................ Newcomb Homestead Association....................................................................... . • New Homestead Loan Association......................................................................... Ninth Ward Savings and Loan Association.......................................................... North Avenue and Randolph Street Homestead Association................................ North Avenue Building Lot Association................................................................ North Avenue Permanent Savings and Loan Association.................................... 1887 1871 1884 1888 1888 1872 1889 1890 1889 1886 1890 1889 1886 1871 1883 1890 1883 June 20, 1871 Nov. 9, 1889 oan M u t u a l L o a n A s s o c ia t io n ................................................................................................ Nov. 12, May 11, Feb. 18, April 17, April 9, Feb. 26, Jan. 2, Aug. 18, July 23, Feb. 24, Mar. 4, Dec. 4, Mar. 11, June 23, Jan. 2, July 1, L M o n r o e Sa v in g s , A id Monroe [Savings and Loan Association................................................................... Mount Hope Avenue Dime Savings and Loan Associationt t ............................. Mutual Benefit Savings and Loan Associationt .................................................. June 10, 1891 July 19, 1887 Nov. 26, 1890 1897 1903 1899 Mar. 9, 1906 Mar. 15, 1909 1902 $$1899 1897 *1892 1897 *1875 *1877 1892 Jan. 11, 1905 1902 *1875 Mar. 13, 1905 *1875 May 3, 1910' 1903 and Rochester.................. 1890 1891 1890 1890 1890 1890 1890 1890 1890 1891 1875 1877 1891 1890 1890 1875 1890 1875 1890 1890 1892 1875 1889 1890 1890 1890 1890 1891 1890 1875 1890 1890 1890 1875 1891 1875 1875 1890 1890 a v in g s Monitor Savings and Loan Association.................................................................. Monroe Avenue Dime Banking and Loan Association......................................... Monroe Avenue Homestead Association................................................................. 1890 1890 1888 1889 1889 1887 1883 1890 1889 1891 1872 S M a p l e w o o d a n d L a k e A v e n u e Co - o p e r a t iv e B u il d in g L o t A sso c ia tio n M e c h a n ic s ’ M u t u a l B e n e f it S o c i e t y ......................................................................... 19, 13, 19, 19, 5, 19, 18, 5, 15, 16, 20, on Rochester................... May Mar. Jan. Feb. July July June Nov. May Nov. May epo rt MONROE COUNTY — (Continued). Lake View Homestead Association......................................................................... Leighton Lea Association....................... .................................................................. Lincoln Park Land Association.............'................................................................ Lincoln Park Permanent Savings and Loan Association..................................... Lincoln Permanent Loan Association..................................................................... Lowell Dime Permanent Savings and Loan A sso cia tio n .................................. Lyell Avenue Savings and Loan Association......................................................... McKee Place Land Association.............................................................................. Main Savings and Loan Association**.................................................................. Maple Street Land Association................................................................................ Ph'rnix Savings and Loan Association.............................................................................. Pinnacle Avenue Savings and Loan Association............................................................ Plymouth Avenue Savings and Loan Association............................................................. Polonia Savings and Loan Association.............................................................................. Profit Loan Association..................................................................................................... R e p u b l ic A id and L o a n A s s o c ia t io n ....................................................................................... Rochester and Kenmore Land Company............................................................................ R o c h e s t e r C e n t r a l A id and L o a n A s s o c ia t io n ............................................................... Rochester Dime Savings and Loan Association................................................................. Rochester Equity Deposit and Loan Association................................................ R o c h e s t e r F l o w e r C it y Sa v in g s a n d A id A ss o c ia t io n ................................................... R o c h e s t e r G e r m a n S h a r p sh o o t e r s ’ Co - o p e r a t iv e B u ild in o L o t A sso c ia t io n .. R o c h e s t e r G e r m a n S h o o t in g P a r k Co - o p e r a t iv e B u il d in g L o t A s s o c ia t io n . . . Rochester Permanent Savings Association........................................................................ Streb Lot Association........................................................................................................... Tenth Ward Dime Permanent Savings and Loan Association......................................... Teutonia Permanent Savings and Loan Association........................................................ T e u t o n ia Sa v in g s , A id and L o a n A ss o c ia t io n ..................................................................... Third Ward Permanent Savings and Loan Association................................................... Thirteenth Ward Permanent Loan Association................................................................. T w e l f t h W a r d Sa v in g s and L o a n A sso c ia t io n .................................................................. Twentieth Ward Co-operative Savings and Loan Association....................................... Union Dime Permanent Loan Associationf t t ................................................................. Union Permanent Savings and Loan Association............................................................ U n io n Sa v in g s and A id A s s o c ia t io n ......................................................................................... United Permanent Savings and Loan Association.......................................................... Wadsworth Dime Banking, Aid and Loan Association.................................................. Wakelee Farm Dime Banking and Loan Association...................................................... * The last report received was for that year. ** Purchased by Rochester Sa\ Savings and Loan Association, q. v. tt Receiver appointed March 7, 1903. $ Name changed to Rochester Saving and Loan Association by chap. 441, L. 1894 % Formerly National Savings and Loan Association, q. v. ||Receiver appointed. s s o c ia t io n s . S t r a s b o u r g B u il d in g A s s o c ia t io n ............................................................................................ St r a s s b u r g e r Sa v in g s a n d A id A s s o c ia t io n .......................................................................... A Saint Joseph Street Lot Association.................................................................................... Saint Joseph Street Permanent Savings and Loan Association........................................ Security Loan Association.................................................................................................. Sehm Tract Building Lot Association................................................................................ Sixth Ward Permanent Savings and Loan Association.................................................... South End Savings and Loan Association......................................................................... South Park Homestead Tract Association......................................................................... Standard Loan Association.................................................................................................. State Building and Loan Association................................................................................. of R o c h e s t e r S h o o t e r s ’ Co - o p e r a t iv e B u il d in g L o t A ss o c ia t io n .................................. R o c h e s t e r S h o o tin g P a r k C o - o p e r a t iv e L o t A s s o c ia t io n ........................................... R o c h e s t e r S h o o t in g P a r k So c i e t y .................................................................................... 1883 1890 1891 1890 1886 is t Rochester Saving and Loan Association^)........................................................................ 19, 24, 1, 27, 24, L R o c h e s t e r S a v in g s , A id a n d L o a n A s s o c ia t io n ................................................................. R o c h e s t e r Sa v in g s a n d L o a n A s s o c ia t io n ........................................................................... Feb. 7, 1906 1890 1890 1898 1891 1892 1890 1890 *1876 1875 1893 1892 1892 *1875 May 9, 1871 1875 1896 1892 May 20, 1886 Nov. 11, 1905 1890 April 30, 1884 *1881 1878 *1877 1877 *1879 1879 1892 1882 *1875 1875 April 4, 1871 *1877 1877 Jan. 23. 1877 1894 Jan. 2, 1889 *1875 1875 Nov. 1, 1872 *1876 1876 Nov. 23, 1872 *1875 1875 April 1, 1874 1893 1890 1890 **1895 Aug. 25, 1886 1892 May 17, 1881 1.898 April 1, 1893 1893 1894 1890 April, 1886 1902 1890 Sept. 16, 1886 1901 1890 Dec. 2, 1889 1892 1890 Jan. 1, 1887 1894 1891 Mar. 17, 1891 *1875 1875 Aug. 14, 1874 1875 *1876 1894 1891 Aug. 11, 1891 Dec. 22, 1905 1890 June 16, 1887 111896 1890 1875 *1875 1890 June 5, 1906 July 13, 1886 1891 1890 1875 *1876 Jan. 7, 1872 1896 Feb. 11, 1896 April 1,1909 Aug. 2, 1887 1890 1890 May 18, 1886 1875 *1878 Sept. 5, 1871 1890 Aug. 3, 1886 Oct. 12, 1887 1890 1902 1890 Rochester................... Oct. 13, 1886 lgs and Loan Association. t Formerly Fourth Ward Permanent t t t Taken possession of and closed by Superintendent of Banks, tt Name changed to Knickerbocker Building Loan Company. May Feb. Jan. Jan. May co L is t of S a v in g s and L oan A s s o c ia t io n s — ( Continued) 03 00 NAMES OF ASSOCIATIONS. Location. Organized. First report for year. Closed. R 1890 1891 1889 New York New. York New York New York New York New York New York New York New York New York New York New York New York New York New York New York New York New York New York Mar. 2, Nov. 8, Nov. 7, May 24, Mar. 26, May, July, Feb. 18, May 23, Sept. 12, June 20, Aug. 13, Dec., Jan. 27, Oct. 1, 1888 1890 1890 1875 1890 1890 1891 1892 1891 1888 1888 1895 1891 1899 1890 1875 1890 1892 1895 and A id A s s o c ia t io n ................................ NEW YORK COUNTY. American Co-operative Savings and Loan Associationt................................. Anglo-American Savings and Loan Association............................................... Assured Building-Loan Association................................................................... A st o r ia Co - o p e r a t iv e B u il d in g A s s o c ia t io n .............................................. Bank Clerks’ Co-operative Building and Loan Association of New York City Bankers’ Loan and Investment Company........................................................ Bellport Mutual Loan Association of New York............................................. Birkbeckllnvestment Savings and Loan Company of America]t+ t.................. Breslau Building and Loan Association............................................................ Broadway Dry Goods Co-operative Building and Loan Association.......... C e n t r a l Co - o p e r a t iv e B u il d in g and L o a n A s s o c ia t io n .............................. Central Park Co-operative Savings and Loan Association................................ Century Savings and Loan Company.................................................................. Chatterton Hill Building Lot Association......................................................... Chosen Friends’ Home Loan and Savings League............................................ Cit iz e n s ’ M u t u a l L o a n and A c c u m u l a t in g F u n d A s s o c ia t io n .................. Citizens’ Savings and Loan Association of New York City......... ................... City Loan and Investment Company.................................................................... Colonial Co-operative Savings and Loan Association........................................ 1888 1890 1889 1870 1890 1890 1891 1892 1891 1888 1888 1895 1891 1899 1890 July 19, 1889 Mar., 1892 Feb. 8, 1885 1899 *1875 *1900 Jan. 28, 1907 1899 1897 J1900 *1875 s s o c ia t io n s . Nov. 19, 1889 Oct. 28, 1891 Nov. 29, 1889 W e s t p h a l ia S a v in g s IfiQfi Sept. 16, 1907 A Hem pstead................. Port W ashington. . . . Rockville Centre........ West Avenue Loan Association................................................... Western New York Permanent Savings and Loan Association Western Savings and Loan Association..................................... Westphalia Co-operative Savings and Loan Association........... oan NASSAU COUNTY. Hempstead Co-operative Building and Loan Association.......................... Port Washington Building and Loan Association of Queens County, N. Y Rockville Centre Savings and Loan Association......................................... W e s t A v e n u e B u il d in g L o t A s s o c ia t io n .................................. 1893 *1875 Dec. 28, 1905 1896 *1875 L 1890 1875 1890 1891 1875 1892 1890 1894 1892 1875 1892 1890 1890 1890 a v in g s a n d 1872 1886 1890 1873 1890 1889 1894 1887 1875 1883 1890 1890 1886 S Feb. 28, May 11, May 2, April, Nov. 10, Mar. 18, Jan. 8, Oct. 11, May 20, Mar. 9, April 30, May, April 3, L o a n A s s o c ia t io n .................................... on West Side Permanent Loan Association., ................................. William Otis Building Lot Association....................................... Windsor Permanent Savings and Loan Association................. Workingmen’s Permanent Savings and Loan Association......... Rochester Rochester Rochester Rochester Rochester Rochester Rochester Rochester Rochester Rochester Rochester Rochester Rochester Rochester and Washington Permanent Loan and Aid Association.................. Webster Avenue Homestead Lot Association.............................. epo rt MONROE COUNTY — (Concluded). Warner Street Building Lot Association...................................... W a s h in g t o n A id lllfl111900 1893 1892 *1888 1900 1892 Himi901 11111901 *1875 U894 1898 i t 1902 1892 New York. Jane 7, 1892 1893 1891 New York. Feb. 10. 1891 1891 1890 New York. 1890 New York. June 11, 1890 $1903 New York. Oct. 7, 1903 1884 1882 New York. Co -o p e r a t iv e R e a l E st a t e A s s o c ia t io n ................................................................. Mar. 8, 1882 New York. June 4, 1888 Co-operative Savings and Loan Association of New Y orkttt......................... 1891 1890 New York. Cosmopolitan Co-operative Building and Loan Association.............................. §1889 New York. 1888 D a il y N e w s B u il d in g a n d L o a n A s s o c ia t io n .................................................... April 26, 1888 H1891 New York. 1889 Daily News Building, Savings and Loan Association^.................................... April 26, 1888 ttl896 1894 New York. April 26, 1888 Daily News Savinas and Building-Loan Association** ................................... 1892 1891 Eagle Building, Mutual Loan ana Accumulating Fund Association............... New York. Feb. 9, 1891 $$1902 New York. 1888 Feb. 15, 1888 East Side Co-operative Building and Loan Association.................................... 1909 New York. April 30, 1909 Edgehill Co-operative Savings and Loan Association....................................... Aug. 17, 1911 1891 New York. Mar.. 23, 1891 Electric Building, Loan and Savings Association**a......................................... $$1896 1894 New York. April 20, 1894 Empire Loan and Investment Company.............................................................. 1893 1891 Equitable Building and Loan Association\\\\..................................................... New York. April 6, 1891 1892 New York. 1890 Sept. 8, 1888 Equitable Permanent Co-operative Building and Loan Association................. 1892 New York. 1891 May, 1891 Equitable Savings and Investment Association.................................................... 1900 Equitable Savings /Sociefj/Httt*.......................................................................... New York. 1893 April, 1891 New York. June 8, 1888 Eureka Co-operative Savings and Loan Association......................................... 1888 Nov. 22, 1908 1901 European Liberty Building, Co-operative Savings and Loan Association........ New York. April 3, 1901 Jan. 30,1912 New York. 1890 June 19, 1888 Excelsior Building and Loan Association*^ 11111* t t t t .................................... Nov. 20, 1906 1902 New York. Fairview Heights Building and Lot Association.............................................. Oct. 14, 1902 Jan. 29, 1906 1889 Federal Co-operative Building and Loan Association....................................... New York. July 1, 1888 1899 New York. June 12, 1889 First Bohemian-Slavonic Co-operative Savings and Loan Association........... 1879 New York. *1879 F ir s t Co - o p e r a t iv e L a n d a n d B u il d in g So c i e t y ............................................. *1875 New York. 1875 F ir s t N a t io n a l B u il d in g a n d M u t u a l L o a n A ss o c ia t io n ........................... New York. *1881 1879 F ir s t U n io n Co - o p e r a t iv e B u il d in g A sso c ia t io n , S ec tio n 2 .................. *1881 New York 1875 F ir s t U n io n C o - o p e r a t iv e L a n d an d B u il d in g So c ie t y ........................ 1868 Feb. 16, 1906 New York Feb. 2, 1905 Flushing Heights Co-operative Saving and Loan Association*a..................... 1892 New York 1890 June 29, 1886 Fnrdham Co-operative Building and Loan Association................................... $1894 Jan. 12, 1894 New York Franklin Mutual Building ana Loan Association of New York................... New York Franklin Society for Home Building and Savingstf........................................ 1896 April 26, 1888 *1890 New York July 5, 1888 Fraternity Co-operative Building and Loan Association.................................... 1888 New York German-American Building ana Loan Association of the City of New York 1889 June 7,1888 New York Greenwich Building and Loan Association....................................................... 1890 Oct. 15, 1889 $$Nov.l905 New York 1895 April 21, 1894 Guardian Savings and Loan Company.............................................................. $1892 1892 New York Mar. 25, 1892 Hand in Hand Mutual Building and, Loan Association............................. Mar. 13,1909 Nov., 1888 1894 New York Harbor and Suburban Building and Savings Associofiontttt......................... $$Feb. 9, 1904 1887 Mar. 21, 1887 New York Harlem Co-operative Building and Loan Association..................................... *The last report received was for that year. ** Formerly Daily News Building, Savings and Loan Association, q. v. *** Began proceed ings in 1894 to change name to Round Robin Savings and Loan Association, but discontinued them, t Reincorporated July 21, 1897. f t Name changed to Franklin Society for Home Building and Savings, t t t Formerly New York and Wakefield Co-operative Building and Loan Association, t t t t Taken possession of and closed by Superintendent of Banks. $ Never did any business. $$ Receiver appointed. §Name changed to Daily News Building, Savings and Loan Association. t Name changed to Daily News Savings and Building Loan Association. i t Formerly Daily News Savings and Building-Loan Association, q, v. H it Name changed to United Savings-Loan Society. ||Formerly Daily News Building and Loan Association q. v. T|||Successor to United States Bond Company of New York, q. v. ||||||Merged in the Franklin Society for Home Building and Savings. i t i t * Receiver appointed May 18, 1901. H itt Charter forfeited by non-user. * T t it * Formerly Sun and Evening Sim Building Mutual Loan ana Accumulating Fund Association, 9. v. *a Dropped from official list. **a Assets sold to Serial Building, Loan and Savings Institution. Columbia Mutual Building and Loan Association of New York.................... Commonwealth Savings and Investment Company.............................................. Consolidated Building and Loan Association...................................................... Co-operative Building Bank................................................................................. Co-operative Home Building Association of New York................................... L is t of A s s o c ia t io n s . 09 CD L is t of S a v in g s and Loan A s s o c ia t io n s — ( Continued) Location. NAMES OF ASSOCIATIONS. . Organized. O First report for year. Closed. R §1899 1892 *61903 3, 1906 *01895 **01893 ****01894 1899 May 20, 1911 *11*1903 I t 1898 Nov. 23, 1905 Oct. §1901 11893 §1899 Nov. 30, 1906 *1900 $11891 §§1892 July 13, 1911 *1*1900 *****01909 1903 1891 s s o c ia t io n s . 11894 §1902 A Feb. 24,1.888 1889 1888 1890 1890 1888 9, 1907 *1891 1903 **cl898 oan York.................. York.................. York.................. York.................. York.................. 1894 1892 1887 1893 1890 1889 1888 1888 1889 1889 1888 1890 1888 1895 1890 1890 1888 mi 1906 Mar. L New New New New New 1891 1888 1890 1894 1890 1909 1887 1893 1890 1896 1891 1890 1890 1893 1899 1890 and New York.................. New York.................. New Y ork.................. New York.................. New York.................. New York.................. New York.................. New York.................. New York.................. New York.................. New York.................. New York.................. New York.................. New Y ork.................. New Y ork.................. New York.................. New York.................. New Y ork.................. New Y ork.................. April 15,1891 May 28, 1888 1890 Jan. 30,1894 May 10,1888 April 20,1909 Sept. 6,1887 April 25,1893 1890 Feb. 16,1894 July 1, 1890 April, 1890 April 10,1890 April 10,1890 Sept. 14,1898 June 18,1883 April 16, 1903 April 10, 1890 April 27, 1882 Aug., 1887 Dec. 1, 1893 April 3, 1890 Oct. 9, 1889 June 1,1888 Feb. 22, 1888 Dec. 31, 1888 Aug. 13, 1889 Mar. 14, 1888 Mar., 1888 Mar. 5,1888 April 3,1890 Sept., 1889 Sept. 17, 1890 April 19,1888 Sept. 6,1894 May 23, 1906 Aug. 13,1900 Mar. 29. 1888 June 4,1888 Jan., 1890 S a v in g s York.................. Y ork.................. Y ork.................. Y ork.................. Y ork.................. Y ork.................. Y ork.................. Y ork.................. York.................. Y ork.................. York.................. Y ork.................. York.................. Y ork.................. Y ork.................. York.................. on New New New New New New New New New New New New New New New New eport NEW YORK COUNTY — (Continued). Harlem River Building, Loan and Savings Association.................................................. Herald Employees’ Co-operative Building and Loan Association................................... Holland Building and Loan Association............................................................................ Home Circle Building and Loan Association.................................................................... Home Mutual Building and Loan Association................................................................. Hudson Co-operative Savings and Loan Association...................................................... Industrial Co-operative Building and Loan Association................................................... Industrial Savings and Loan Company***cfttt.............................................................. International Loan and Savings Society.............................................................................. Investors' Savings and Loan Conipany****c...................................................................... Italian Co-operative Building, Savings and Loan Association......................................... Jewelers’ Building and Loan Association........................................................................... Keystone National Savings, Loan and Investment Association........................................ Keystone Savings and Loan Association***a............................... ..................................... Knickerbocker Co-operative Savings and Loan Association of the City of New Y ork ... Knickerbocker Savings and Loan Company*c t t t t ......................................................... Kupeler Share Co-operative Savings and Loan Association............................................. Lenox Building Loan Company.......................................................................................... Manhattan ana Suburban Savings and Loan Institution.................................................. Manhattan Mutual Co-operative Savings and Loan Associationt ........ •.......................... Manhattan -Real Estate and Loan Company of New Y ork.............................................. Mercantile Building and Loan Association........................................................................ Mercantile Co-operative Bank.............................................................................................. Methodist Book Concern Employees' Co-operative Building and Loan Association........ Metropolitan Co-operative Building and Loan Association.............................................. M illinery Building and Loan Association.......................................................................... Model Building and Loan Association of Mott Haven................................................... Mount Morris Co-operative, Building and Loan Association........................................... Mount Saint Vincent Co-operative Building and Loan Association.............................. Murray Hill Co-operative Building and Loan Association* * .......................................... Mutual Realty ana Loan Corporationf t ............................................................................. Mutual Savings and Distribution Fund Association......................................................... National Homestead Company............................................................................................ National Mutual Building and Loan Association of New York.................................... New Century Co-operative Savings and Loan Association............................................... Newmark Durinsker Co-operative Savings and Loan Associationt t t t ............................ New York and Bellport Co-operative Savings and Loan Association............................. New York and Suburban Co-operative Building and Loan Association....................... New York and Wakefield Co-operative Building and Loan Association........................ New York Building-Loan Banking Company aa............................................................. New York City Co-operative Savings and Loan Association........................................... fe w York Co-operative Building and Loan Association................................................. *1876 New York 1875 1868 1912 New York. May 9,1912 Feb. 23, 1906 New York 1893 Mar., 1892 Feb. 12, 1907 New York 1890 June 26, 1890 §1899 1890 New York Jan. 13, 1890 Feb. 10, 1912 1891 New York Sept. 28, 1891 *1884 N e w Y o r k T o n t in e So c i e t y ......................................................................................................... New York 1884 1884 §1902 New York World Co-operative Building and Loan Association...................................... New York 1890 Oct. 2, 1886 July- 15, 1909 1902 Mar. 18, 1902 Nineteenth Ward Co-operative Savings and Loan Assoa'ofiontttt................................. New York 1892 1891 April 11, 1891 Nonpareil Savings ana Loan Association.............................................. ........................... New York, *1910 1890 Northern Building, Savings and Loan Association.......................................................... New York. Sept. 12, 1889 1888 North New York Co-operative Building and Loan Association..................................... New York. April 19, 1888 Navy Tabor Building and Mutual Loan Corporation....................................................... New York. 1893 Oct. 18, 1893 Sept. 7. 1906 1902 1900 June 6, 1900 Ocean Avenue Lot Associafionlflfl * * * ............................................................................... New York, Nov. 26, 1909 1899 Ocean Breeze Building Lot Association.............................................................................. New York, June 27, 1899 **1901 Our Own Home Association................................................................................................ New York, May 20, 1901 1892 April 18, 1904 Park Building and Loan Association........................... ................................................... New York. April 4, 1892 iono 1890 People’s Co-operative Building and Loan Association bb................................................. New York, July 10, 1888 1885 USept. 2, 1910 People’s Real Estate Tontine* d.......................................................................................... New York, July 2, 1884 1894 U11896 Peter Cooper Savings and Loan Society............................................................................ New York, Feb. 16, 1894 1903 Mar. 12, 1903 Polonia Co-operative Savings and Loan Association....................................................... New York, 1890 Oct. 25, 1886 Popular Banking, Savings and Loan A ssociation***^^............................................... New York 1888 Produce Exchange Building and Loan Association......................................................... New York July 2, 1888 New York. May 16, 1901 Prospect Co-operative Savings and Loan Association....................................................... A TT** tttl898 1895 Feb. 20, 1895 Provident Co-operative Savings and Loan Association.................................................... New York. 1899 Jan., 1882 Provident Savings-Loan Investment Company (The) t t t ................................................. New York. tUMar. 9 1906 1899 June 1, 1888 Prudential Savings and Loan Association of New York, N. Y. (TAe)§§§...................... New York. 1892 July 23, 1891 Railroad Brotherhoods Savings and Building Association............................................. New York. 1890 Mar. 5, 1890 Railroad Co-operative Building and Loan Association............... .............................. New York. *1892 1891 Feb. 2, 1891 Railroad and Steamship Employees’ Mutual-Building and Loan Association.............. New York. §1900 1893 Feb. 20, 1890 Republic Savings and Loan Association]|||||...................................................................... New York. 1896 New York. 1895 Mar. 19, 1895 Retail Merchants’ Co-operative Savings and Loan Association....................................... 1894 Jan. 11, 1894 W 1899 Riverside Building and Loan Association......................................................................... New York. 1889 Sept. 18, 1888 New York. Safety Co-operative Building, Loan and Savings Association of New York City----1889 Oct. 23, 1887 Scandinavian Building and Mutual Loan Association of New York and Brooklyn.. New York. *1882 1875 New York. S e c o n d N a t io n a l B u il d in g a n d M u t u a l L o an A s s o c ia t io n .................. ...................... *1876 1867 1875 Se c o n d U n io n Co - o p e r a t iv e L a n d a n d B u il d in g S o c ie t y ............................................. New York. * The last report received was for that year. ** Reincorporated February 17, 1897. *** Removed from Rochester in 1897. t Reincorporated May 3, 1895. tt Formerly Mercantile Building and Loan Association, q. v. t t t Receiver appointed March 7, 1898. t t t t Taken possession of and closed by Superintendent of Banks, t Did not report for the years 1893 and 1894; name changed to Mutual Realty and Loan Corporation in 1895. t t Dissolved by action‘ because of fraudulent and illegal practices, t t t Formerly Mercantile Association of Brooklyn, a. v.; removed from Kings county in 1899; merged with Knickerbocker Savings and Loan Company 1906. § Receiver appointed. §§ Absorbed by Granite State Provident Association, Manchester, N. H. §§§ Formerly Methodist Book Concern Employees’ Co-operative Building and Loan Association, a. v. UIn hands of receiver. Ilf Name changed to Investors1 Savings and Loan Company. IfHITReceiver appointed October 23, 1899. ||Name changed to the Prudential Savings ana Loan Association of New York, N. Y. ||1| Never completed incorporation. |||||| Formerly Teachers’ Equitable Building-Loan Association, q. v. *aMerged in the Produce Exchange Building and Loan Association. **aName changed to Keystone Savings and Loan Association. ***a Formerly Keystone National Savings, Loan and Investment Association, q. v. ****oName changed1 to Lenox Building-Loan Company. *****a Name changed to Co-ouer&tive Savings and Loan Association of New York. * ^Receiver appointed August 29, 1903. *c Formerly Knickerbocker Building-Loan Company, Rochester, changed from Lyell Avenue Savings and Loan Association, q. v., removed to New York city in 1905. **e Receiver appointed June 4, 1898. ***c Removed from Syracuse in 1899. ****c Formerly Peter Cooper Savings and Loan Society, q. v. *d Removed to Kings county in 1908. *T*Did not commence business. **§* Merged in the Franklin Society for Home Building and Savings, August 19, 1901. 11**iCharter abandoned. I l l * * * Removed from Kings county in 1902. aa Receiver appointed September 12, 1903. 5b Receiver appointed April 15, 1903. N e w Y o r k C o- o p e r a t iv e B u il d in g L o t A s s o c ia t io n ...................................................... New York Edison Savings and Loan Association, The................................................... New York Mortgage Company of New Y ork................................................................... New York Mutual Savings and Loan Association........................................................... New York National Building and Loan Association....................................................... New York State Mortgage Bank and Savings Association............................................. L is t of A s s o c ia t io n s . L is t of S a v in g s and L oan A s s o c ia t io n s — NAMES OF ASSOCIATIONS. (C ontinued). Location. fco Organized. ■ 11111893 THIDec., 12,1905 1893 Jan. 24, 1907 Dec. 19, 1904 1903 *1875 1896 *1893 Sept. 25, 1894 s s o c ia t io n s . . A W 1894 Jan. 20, 1904 *t*1893 *t*May 1, 1893 Hf Jan. 5, 1905 Feb. 16, 1912 Jan. 2, 1905 *1900 oan May 1897 ||||**1902 L 1910 1890 1890 1888 1890 1889 Nov. 10, May 5, Jan. 1, Sept. 5, 1894 1894 and North Tonawanda North Tonawanda Lockport.............. Niagara Falls...... Suspension Bridge North Tonawanda 1898 *1889 tttl893 t i t 1892 S a v in g s NIAGARA COUNTY. Home Co-operative Savings and Loan Association . . . Homestead Loan Association.......................................... Lockport Savings and Loan Association....................... Niagara Permanent Savings and Loan Association. .. Niagara Savings and Loan Association........................ North Tonawanda Aid and Savings Association.......... 1891 on 1910 1890 1888 1887 1890 1, 1887 L o a n A s s o c ia t io n .................................................. epo rt 1892 1891 1885 1891 1891 1892 1888 1911 1888 1888 1888 1888 1890 1895 1884 1889 1888 1889 1888 1891 1890 1891 1800 1890 1891 1894 1896 1887 1888 1900 1875 1892 1889 1892 1891 1885 1892 1892 1892 1888 1911 1888 1890 1890 1889 1890 1895 1889 1890 1890 1889 1889 1892 1890 1891 1891 1893 1891 1894 1896 1888 1890 1900 1875 New Y ork.................. April, New Security Investment Company.................................... ....................................................... New York.................. April Security Mutual B ank....................................................................... ............................... New York.................. April Serial Building, Loan and Savings Institution................................................................ New York.................. Jan. 20, Sherman Park Bau-Verein, No. 1 .................. .............................................. ..................... New York.................. Dec. 31, Sherman Park Savings and Building Association............................................................ New York.................. Dec. Silver Lake Park Building and Loan Association............................................................ New York.................. Aug. 20, Star Co-operative Building and Loan Association........................................................... New York.................. Feb.. Steamship Clerks’ Savings and Loan Association........................................................... New York.................. Mar. 22, Stuyvesant Co-operative Building and Loan Association^§.............................................. New York.................. April 10, Sun and Evening Sun Building, Mutual Loan and Accumulating Fund Association.. New York.................. June 19, Teachers’ Building and Loan Association of New York City......................................... New York.................. Sept. Teachers’ Co-operative Building and Loan Association of the City of New Y ork. . . . New York.................. July 6, Teachers’ Equitable Building-Loan Association................................................................ New York.................. Feb. 20, Treasury Corporation Co-operative-Savings and Loan Association................................. New York.................. Dec. 6, Tremont Building and Loan Association.......................................................................... New York.................. May, Triangle-Building, Loan and Tontine Savings Fund Association.................................. New York.................. Dec., Twenty-third Ward Co-operative Building and Loan Association................................... New York.................. April 20, Union Building, Loan and Savings Association.............................................................. New York.................. Jan. 4, Union Square Permanent Co-operative Building and Loan Association....................... New York.................. Sept. 12, United Building and Loan B ank...................................................................................... New York.................. Jan. 1, United Savings-Loan Society**^,*...................................................................................... New York.................. Oct. 1, United States Bond Company............................................................................................. New York.................. Jan. 1, United States Building-Loan League............... .................................................................. New York.................. Dec. 15, United States Savings and Loan Barik*§*.......................... ........................................... New York.................. Dec. 15, Universal Trust C om poni/tttt.......................................................................................... New York.................. July 22, Washington Heights Savings and Loan Association......................................................... New Y ork ................. Jan. 15, Westchester Co-operative Savings and Loan Association.................................................. New York.................. May 20, West End Co-operative Building and Loan Association................................................. New York.................. Nov. 14, West Side Mutual Building, Loan and Saving Association of the City of New Y ork .. New York.................. Aug. 17, Wood-Harmon Co-operative Savings and Loan Association............... ••.......................... New York.................. Sept. 24, W o o d l a w n H e ig h t s M u t u a l B u il d in g A s s o c ia t io n .......................................................... New York.................. Oct. 4, and Closed. R NEW YORK COUNTY — (Concluded). Surety Building-Loan Mortgage Company***..................................... ............................. S e c u r it y Co - o p e r a t iv e Sa v in g s First report for year. Syracuse. Syracuse. Syracuse. Syracuse.. Syracuse. Syracuse. Syracuse. Syracuse.. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse, Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Syracuse. Mar. 21, 1892 Mar. 27,1891 1889 Mar. -30, 1892 Mar. 1, 1890 Feb. 13, 1892 Feb. 13, 1892 July 8, 1908 Sept. 23, 1898 Jan. 25, 1893 Feb. 28, 1894 March, 1890 Dec. 27, 1893 June 22,1893 Dec. 22, 1887 June 23,1890 Feb. 4, 1888 July 14, 1893 1892 1891 1889 1892 1892 1890 1892 1894 1908 1898 „ „ ONTARIO COUNTY. Geneva Permanent Loan and Saving Association......... Universal Savings and Loan Company........................... Geneva, Geneva, April 19, 1886 Mar., 1891 „ ,1J. ORANGE COUNTY. Building and Loan Association of Newburgh, N. Y ................. Co-operative Loan and Savings Society..................................... 1894 1890 1893 1887 1890 1888 1893 1890 1891 Dec. 111900 tl898 11894 §1892 111901 29, 1906 11894 **1901 §1893 1899 1892 §1893 t f 1899 t t 1901 111901 1894 Nov. 18, 190:4 1886 Newburgh. May, 1886 1892 Port Jervis Aug. 13, 1891 1876 *1878 Port Jervis 1872 1875 *1877 Port Jervis 1910 Goshen Co-operative Savings and Loan Association (The) Goshen....... Aug. 5, 1910 Homestead Building and Loan Association............................... 1889 Middletown. Dec., 1888 *1876 1875 M id d l e t o w n B u il d in g an d L o a n A s s o c ia t io n ......................... Middletown. Sept. 23, 1873 *1879 M u t u a l B u il d in g an d L o a n A s s o c ia t io n ................................... 1875 Port Jervis. July 1,1874 . * The last report received was for that year. ** Charter forfeited by non-user. *** Formerly Security Mutual Bank, g. v. t Receiver ap pointed April, 1898. f t Assignee appointed. t t t Consolidated with the Bankers’ Loan and Investment Company. f t t t Taken possession of and closed by Superintendent of Banks. t Transferred to Eastern Building and Loan Association of Syracuse, N. Y. tt Removed from Geneva to Syracuse in 1895. t t t Name changed to Security Building-Loan Mortgage Company; did not report for 1892. § Did not do any business. §§ Receiver appointed December 9, 1897. 1 Name changed to Empire Savings and Loan Association. 11 Receiver appointed. I l l Transferred to People’s Co-operative Building and Loan Association. |l Formerly Empire Co-operative Savings, Building and Loan Association, o. v. HU Name changed to Republic Savings and Loan Association. **1* Formerly Chosen Friends’ Home, Loan and Savings League, g. v. * t * Succeeded by the Equitable Building and Loan Association. * t * Name changed to United States Savings and Loan Bank. *§* Formerly United States Building-Loan League, g. v. ||||** Name changed to Excelsior Building and Loan Association. s s o c ia t io n s . , . . ONONDAGA COUNTY. Atlantic Savings and Loan Association of Syracuse, N. Y . . . . Central City Building and Loan Association............................. Central New York Co-operative Savings and Loan Association Commercial Building and Loan Company................................. Cosmopolitan Building and Loan Association........................... Eastern Building and Loan Association of Syracuse, N. Y . .. Empire Co-operative Savings’ Building and Loan Association. Empire Savings and Loan Association, ||ft+t........................... Fair City Co-operative Savings and Loan Association............. Home Building and Lot Association........................................... Interstate Building and Mutual Loan Association..................... Merchants and Mechanics’ Savings and Loan Association........ Merchants’ Co-operative Savings and Loan Association............ New York Savings and Loan Association................................. Onondaga Savings and Loan Association................................... People's Building, Loan and Saving AssociationtX................... Safety Investment and Loan Company......................................... Syracuse Co-operative Savings and Loan Association.............. United Savings, Building and Loan Association....................... 1895 A 1891 1884 1893 1890 1900 1891 of Feb. 7,1891 Feb. 1884 April 3, 1893 Aug. 2.., 1888 Oct. 1 .1900 April, 1891 is t Utica................ Utica................ Whitesboro.. . . Rome................ Oriskany Falls. Utica................ L ONEIDA COUNTY. Cornhill Building and Loan Association........................................ Homestead Aid Association of Utica............................................. Homestead Aid Association of Whitestown, N. Y ..................... Mutual Savings, Loan and Building Association of Rome, N. Y Oriskany Falls Co-operative Savings and Loan Association....... Savings, Building and Loan Association of Utica....................... D e e r p a r k a n d W e s t f a l l B u il d in g an d L oan A sso c ia tio n D e l a w a r e B u il d in g an d L o a n A s s o c ia t io n ............................. tf* 05 L is t op S a v in g s and Loan A s s o c ia t io n s — ( Continued) Organized. First report for year. Port Jervis___ Port Jervis. . . Aug. 2, 1875 Aug. 13, 1886 1875 1875 1890 Port Jervis. .. Port Jervis.. . Port Jervis. . . May 30, 1868 Aug., 1891 May 30, 1868 1875 1892 1875 Warwick, Monroe and Chester Building and Loan Association.................................... Woodbury, Monroe and Chester Building and Loan Association................................... Central Valley Middletown... Monroe........... Central Valley April, Oct. 12, Feb 27, Feb., 1890 1873 1903 1889 1890 1875 1903 1890 ORLEANS COUNTY. Medina Savings and Loan Association.................................... Orleans County Co-operative Savings and Loan Association Medina Albion. Mar. 20, 1888 July 16, 1889 1888 1889 Mar. Oswego Savings and Loan Association.......................... Reciprocity Building and Loan Association................ Security Building and Loan Association...................... Oswego Oswego Oswego Oswego Oswego, Oswego Oswego Oswego Oswego Oswego Oswego Oswego Oct. Aug. Feb. Aug. July July Feb. April Oct. Aug. 5, 1890 1884 1, 1888 4, 1874 1, 1888 14, 1890 22, 1879 8, 1873 20, 1884 16, 1888 16, 1890 1, 1890 1890 1884 1888 1875 1888 1890 1879 1875 1884 1888 1893 1890 OTSEGO COUNTY. Oneonta Building and Loan Association..................... Oneonta April 27, 1888 1888 NAMES. OF ASSOCIATIONS. Location. Closed. R L o a n A s s o c ia t io n .......................................................................... G e r m a n D e p o s it and A id A s s o c ia t io n ....................... . . 7..... ........................ Mar. 4, 1889 1890 *1902 Jan Dec. 4. 1897 4, 1888 1897 1889 **Mar. 3, 1906 s s o c ia t io n s . QUEENS COUNTY. Astoria Real Estate Association.......................................................................................... Long Island C ity.. . . Bohemian Tax-payers' Co-operative Savings and Loan Association of Long Island City..................................................................................................................................... Long Island C ity.. . . Central Permanent Building and Loan Association....................................................... Long Island C ity.. . . *1883 April, 1878 *1888 April, 1892 A Home Savings and Aid Association.............................. Lake City Building and Loan Association.......... M u t u a l D e p o s it a n d A id A s s o c ia t io n ....................... O n t a r io Sa v in g s a n d A id A s s o c ia t io n ....................... O s w e g o M u t u a l Sa v in g s a n d A id A sso c ia t io n . . . *1888 *1879 1893 oan A id A s s o c ia t io n ......................... L and Frontier Permanent Building and Loan Association.. and OSWEGO COUNTY. Dime Building and Loan Association.......................... E m p ir e Sa v in g s *1876 ttl903 a v in g s and tttt S W a l l k il l B u il d in g *1879 *1882 on Orange County Building and Loan Association, No. 2 ................................................... Port Jervis Building and Loan Association, No. 1, of the Village of Port Jervis, Orange County, 2V. Y .................................................................................................... Port Jervis Real Estate and Loan Association.............................................................. Port Jervis Savings and Loan Association, No. 1.......................................................... Union Building and Loan Association of the Town of Woodbury, County of Orange, State of New Y ork........................................................................................................... epo rt ORANGE COUNTY— {Concluded). N e v e r s in k B u il d in g a n d L o a n A s s o c ia t io n ....................................................................... O r a n g e C o u n t y B u il d in g a n d L o a n A s s o c ia t io n ............................................................ Columbia Building and Loan Association!:............................ Flushing Co-operative Savings and Loan Association.......... Long Island City Building and Loan Association................. Long Island Savings and Investment Association................ Queens County Co-operative Savings and Loan Association. Whitestone Co-operative Savings and Loan Association! RENSSELAER COUNTY. Castleton Savings and Loan Association.................................................... H o o s ic k B u il d in g and L o a n A s s o c ia t io n .................................................... Industrial Building-Loan and Savings Association of Troy.................... Permanent Savings and Loan Association of Hoosick Falls, New York. Pioneer Building-Loan and Savings Association of Troy......................... Troy Co-operative Savings and Loan Association.................................... T r o y S a v in g s Co m p a n y .......................................................................................... 1890 1885 1889 1889 1889 1897 1875 Stapleton................... Mariner’s Harbor.. . . New Brighton........... Mariner’s Harbor.. . . Port Richmond......... Port Richmond......... Port Richmond......... West New Brighton.. Mariner’s Harbor.. . . Tottenville................. West New Brighton.. Tompkinsville............ West New Brighton.. May, 1887 May 4,1906 July 17, 1900 Feb., 1887 April 18,1888 July 18. 1912 Feb. 3.1910 Dec. 9,1892 Aug. 25. 1902 Dec. 13. 1881 Feb. 8,1876 July 13,1908 Dec. 9,1892 1887 1906 1900 1887 1888 1912 1910 1893 1902 1881 1876 1908 1902 Spring Valley............ Spring Valley............ Spring Valley............ Nyack........................ Pearl River................ Haverstraw................ Suffern........................ Sept. 1,1889 May, 1891 Mar. 1, 1891 June 13.1888 April 25,1899 June 1,1888 Feb. 1,1887 1889 1892 1892 1890 1899 1890 1887 Suffern........................ Feb. 1887 1,1887 1891 *1889 *1881 ***1902 1893 ttt . ST. LAWRENCE COUNTY. 1890 Canton Savings and Loan Association............................... Canton........................ Feb. 27,1889 1892 Gouvemeur Savings and Loan Association........................ Gouverneur................ Jan. 14,1892 1890 Norwood Savings, Loan and Building Association............ Norwood.................... May 1,1890 1888 Ogdensburg Savings and Loan Association........................ Ogdensburg........: . . . April 21,1888 1890 Potsdam Savings, Loan and Building Association............ Potsdam.................... May 16,1890 * The last report received was for that year. ** Receiver appointed 1906; *** Name changed to Westerleigh Building, Loan and Savings Asso ciation. t Formerly Prohibition Park Building, Loan and Savings Association, q. v. t t Name changed to Warwick, Monroe and Chester Building and Loan Association. t t t Name changed to Suffern Savings and Loan Association July 1, 1911. ttttN a m e changed to Port Jervis Savings ana Loan Association Number 1, February 1, 1912. X Removed from Brooklyn, Kings County, December 7 1899. § Reincorporated February 7, 1896. 11Reincorporated October 18, 1896. w s s o c ia t io n s . 1882 May 1,1889 June. 1889 Feb. 25.1889 Oct. 25,1897 1870 A ROCKLAND COUNTY. Co-operative Savings and Loan Association of Spring Valley.......................... Helping Hand Budding and Loan Association.................................................. Home Building and Loan Association of Spring Valley.................................... Nyack Building, Co-operative Savings and Loan Association.......................... Park Co-operative Savings and Loan Association of Pearl River, New Y ork. Provident Building and Loan Association of Spring Valley, New York||........ Suffern Savings and Loan Association. Town of Ramapo Building and Loan Association, No. 1, of the Village of Suffern, Rockland County, New York: t' t' 't • Hoosick Falls............ Troy........................... Hoosick Falls............ Troy........................... Troy........................... Troy........................... of Port Richmond Co-operative Savings and Loan Association.............. Prohibition Park Budding, Loan and Savings Association.................. Richmond Borough Co-operative Savings and Loan Association....... Richmond County Building and Mutual Loan Association................. Staten Island Building, Loan and Savings Association....................... Tompkinsville Co-operative Savings and Loan Association................ Westerleigh Building, Loan and Savings Association!........................ 1889 1890 1887 1893 1888 1891 is t Polish Savings and Loan Association of Ri hmond County, N. Y., The Aug. 14,1889 Mar., 1888 June 1887 April 14,1892 May 22.1888 Aug. 31,1891 L RICHMOND COUNTY. Edgewater Co-operative Savings and Building-Loan Association. . . . Milliken Co-operative Savings and Loan Association of New York... New Brighton Co-operative Savings and Loan Association................ Northfield Building, Loan and Savings Association............................. North Shore Building, Loan and Savings Association......................... Woodhaven............... Flushing..................... Long Island City. . . . Flushing.................... Jamaica...................... Whitestone................ L is t of S a v in g s and L o a n A s s o c i a t i o n s — ( Concluded.), 05 NAMES OF ASSOCIATIONS. Location. Organized. First report for year. Closed. R eport April 25, 1905 1905 Schenectady Schenectady April, 1889 April 17, 1895 1889 SENECA COUNTY. Seneca Building and Loan Association1 ...................... Seneca Falls April 1, 1893 1893 STEUBEN COUNTY. Avoca Co-operative Savings and Loan Association..................................... Bath Savings and Loan Association............................................................... Cohocton Dime Savings and Loan Association............................................... Corning Co-operative Savings and Loan Association................................... Hornellsville Co-operative Savings and Loan Association........................... Maple City Co-operative Savings and Loan Association............................. Union Dime Savings and Loan Association o f North Cohocton and Bloods Wallace Co-operative Savings and Loan Association..................................... Wayland Dime Savings and Loan Association............................................. Avoca............... Bath................. Cohocton.......... Coming............ Homell............. Homell............. North Cohocton Wallace............ W ayland........... Nov. 14, Feb. 4, Feb. 6. May 14, Mar. 27, Jan. 18, April 1, Feb. 24, Jan. 20, 1889 1890 1890 1899 1888 1906 1891 1891 1888 1890 1890 1890 1889 1888 1906 1891 1896 1888 SUFFOLK COUNTY. Amityville Co-operative Building, Loan and Savings Associationt .............. Babylon and Oak Beach Co-operative Savings and Loan Association.......... Co-operative Savings and Loan Association of Sayville................................. Amityville. B ab ylon ... Sayville. . . Nov. 20, 1893 May 31, 1895 July 2, 1894 1893 11895 1894 Dec. 31, 1904 W a v e r l y M u t u a l L o a n A s s o c ia t io n .................................................................. Waverly, Waverly, July 21, 1903 April, 1876 1903 1876 *1885 TOMPKINS COUNTY. Trumansburg Co-operative Savings and Loan Association........................... Trumansburg April 30, 1907 1907 Aug. 25, 1909 ULSTER COUNTY. Home Co-operative Savings and Loan Association of the City of Kingston, Rondout, N. Y .................................................................................................................................. Home-Seekers’ Co-operative Savings and Loan Association of the City of Kingston, N. Y.||................................................................................................................................ Kingston Co-operative Savings and Loan Association................................................... Saugerties Co-operative Savings and Loan Association (The)....................................... Rondout. July 5, 1889 1889 §1891 Rondout. Kingston. Saugerties July 21,1891 Jan. 11, 1892 Nov. 7,1907 1891 1892 1907 **1896 1901 1899 oan 1896 L A s s o c ia t io n s . 1898 and TIOGA COUNTY. Waverly Co-operative Savings and Loan Association................................. 1895 S a v in g s Mechanicville SCHENECTADY COUNTY. Schenectady Building, Loan and Savings Association of the City of Schenectady.. . . Standard Co-operative Savings and Loan Association....................................................... on SARATOGA COUNTY. Mechanicville Co-operative Savings and Loan Association............................................. WARREN COUNTY. Glens Falls Savings and Loan Association...................................................... Dec. WASHINGTON COUNTY. Whitehall Co-operative Savings and Loan Association................................. Dec. 31, 1910 2,1889 1890 Lyons......................... Palmyra..................... Mar. 31, 1909 Mar. 8, 1888 1909 1888 ***Mar. 9. 1911 1111900 WESTCHESTER COUNTY. Fidelity Co-operative Savings and Loan Association................... ................... Harrison Building and Loan Association........................................................ Hastings-on-Hudson Building, Co-operative Savings and Loan Association Home Building and Loan Association of Mount Yernon............................... Mamaroneck Co-operative Savings and Loan Association............................. New Rochelle Co-operative Building and Loan Association......................... Park View Lot Association................................................................................ Peekskill Co-operative Building, Savings and Loan Association.................. Tarrytown ana North Tarrytown Building and Loan Association............... Tuckahoe Home Building and Loan Association........................................... White Plains Building and Loan Association. ............................................. Williamsbridge Building and Loan Association........................... ................... Yonkers Building and Loan Association......................................................... Yonkers...................... Jan. 19, 1897 White Plains.............. Mar. 17, 1893 Hastings-on-Hudson. June 13,1901 June 17,1887 Mamaroneck.............. Dec. 24, 1890 New Rochelle............ Sept. 15,1888 Yonkers...................... May 2,1900 July 1,1890 1891 Tarrytown.................. Tuckahoe................... April 9,1890 White Plains.............. May 1, 1889 Williamsbridge.......... Feb. 28, 1890 Yonkers...................... Jan. 18,1888 1897 1893 1901 1887 1890 1890 1900 1890 1895 1890 1889 1892 1888 1898 1895 WYOMING COUNTY. Tonawanda Valley Co-operative Savings and Loan Association.................... Attica......................... May 14, 1907 1907 July 16, 1909 YATES COUNTY. Home Savings and Loan Association of Penn Y an........................................ Penn Y an .................. Jan. 27,1890 1890 L WAYNE COUNTY. Lyons Co-operative Savings and Loan Association......................................... Wayne Bunding, Loan and Accumulating Fund Association........................ A s s o c ia t io n s . * The last report received was for that year. ** Receiver appointed. *** Never commenced business; name dropped from official list. t Con solidated with the Anglo-American Savings and Loan Association of New York city. t Never completed incorporation. § Succeeded by HomeSeekers’ Co-operative Savings and Loan Association of the City of Kingston, N. Y. 1 Has not reported since 1895. 11 Orlando F. Thomas appointed receiver August 2, 1900. ||Successor to Home Co-operative Savings and Loan Association of the city of Kingston, Rondout, N. Y., q. v. of 1901 1893 is t 1902 U* DETAILED STATEMENT OF THE CONDITION OF THE SAVINGS AND LOAN ASSOCIATIONS OF THE STATED OK N E W YORK, JANUARY i, 1913. AS CO M PILED FROM REPO R TS TO TH E BA N K IN G D E PA R TM E N T. These Associations are Arranged Alphabetically by Counties. [49] ALBANY COUNTY. ALBANY COUNTY SAVINGS AND LOAN ASSOCIATION OF ALBANY, N. Y. Nos. 309-313 South Pearl street, Albany, N. Y. [Organized under Law of 1S92. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1892.] Names. JOHN A. HOWE.............................. JAMES H. BABCOCK...................... JAMES H. BABCOCK...................... LOUIS SlLBERMAN ...................... Post-office addresses. 498 Hudson Avenue. 93 Schuyler Street. 95 Schuyler Street. 25 So. Pearl Street. ASSETS. Loans on bond and mortgage............................................................ Loans on s h a r e s .................................................................................. Real e s t a t e ............................................................................................. Cash on hand and in b a n k ................................................................ Advances for taxes, insurances, etc............................................... $173,950 5, 957 20,000 1, 959 51 00 00 00 29 20 $201,917 49 LIABILITIES. Due shareholders, instalmentshares ............................................... Due shareholders, savingsshares.................................................... Dividends credited ....................................................................... Balance to be paid borrowers on mortgage loans....................... Borrowed m o n e y .................................................................................. Earnings undivided .......................................................................... Contingent fund (as per section 225 of Banking L a w )............ Fire losses ............................................................................................. $135,511 36,604 11,880 1, 000 4, 000 7, 322 5. 071 526 87 45 31 00 00 65 78 43 $201,917 49 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Dues on savings shares .................................................................... Money borrowed ....................................................................: ............ Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid..................................................................... Fees received ...................................................................................... Fines received ...................................................................................... Interest r eceiv ed .................................................................................. Rent received ...................................................................................... Advances repaid ....... Reverted dividends ........ .'................................................................... Fire losses ............................................................................................. Dues debited to correct error............................................................ Profit and loss ..................................................................................... $3,671 107, 148 28. 422 12,000 28, 800 5,302 213 223 10, 449 847 319 296 652 180 1, 341 72 47 35 00 00 95 75 53 79 90 59 54 43 85 56 $199,871 43 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares ................................................................................ Instalment dues repaid repaid on withdrawal, or applied on lo a n s ....................................................................................... ............ [51] $36,100 00 6 , 846 00 108, 580 41 52 R eport on S a v in g s a n d L o an A ssociations . Paid savings shares............................................................................... Dividends paid on withdrawal, or applied on loans................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid for real estate .......................................................................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage....................................... Paid r e n t ................................................................................................ Paid repairs to real estate................................................................ Paid banking department, examination ....................................... Paid banking department, assessm ent........................................... Advances for taxes, insurance, etc.................................................. State League d u e s ................................................................................. Fire loss ................................................................................................. S u n d ries.................................................................................................. C lean in g.................................................................................................. L ig h t s ...................................................................................................... F u rn itu r e ............................................................................................... Fuel, etc.................................................................................................... Heal estate commission ...................................................................... To correct error in mortgages.......................................................... M o v in g ...................................................................................................... Legal expense .......................................................................... •........... Cash on hand, December 31, 1912.................................................... $4 , 423 8,151 8,000 197 20, 847 2, 390 281 90 00 00 41 90 51 78 75 00 151 58 13 153 5 126 26 00 20 50 50 00 959 74 52 90 73 45 24 88 123 80 25 00 200 00 25 00 26 00 1,959 29 $199,871 43 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 8,370; shares issued during the year, 4,225; shares withdrawn during the year, 3,450; shares in force, 9,145. Bor rowing members, 123, holding 1,307 shares; non-borrowing members, 1,728, holding 7,838 shares. Female shareholders, 1,226 holding 4,167 shares. Total dividends credited members during the year on instalment shares, $5,011.15; rate 6 per cent. Total dividends credit or paid in cash to members during the year on other shares, $565.65; rate 4% per cent. Total dividends for feited by withdrawing members during the year $296.54. No unpaid withdrawals. Operating expenses, as defined in Section 227 of the Banking Law, incurred and paid during the year, $4,012.56. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Albany, Rensselaer and Schenectady counties, New York State. Largest mortgage loan outstanding, $12,000. Mortgages in force in New York State, $173,950. One foreclosure during the year. COMMERCIAL UNION CO-OPERATIVE BANE. No. 55 Maiden Lane, Albany, N. Y. [Organized under Law of 1851. Officers. President Secretary Treasurer Attorney Commenced business 1891.] Names. Post-office addresses. JOHN W A G N E R ............................................... Albany, N. Y. FREDERICK C O O K ......................................... Albany, N. Y. FREDERICK G. MICHEL.............................. Albany, N. Y. HOWARD HENDRICKSON .......................... Albany, N. Y. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares..................................................................................... Real estate............................................................................................... $93,049 17 977 00 9,700 00 53 A lbany C ounty. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid..................... Advances for taxes, insurance, etc.................................................... $788 800 2,023 226 81 00 34 08 $107, 564 40 LIABILITIES. Due shareholders, instalment shares ............................................. Due shareholders, savings shares...................................... Due shareholders, accumulative prepaid shares......................... Due shareholders, income shares..................................................... Dividends credited......................................... .'.................................... Borrowed money.’ .................................................................................. Earnings undivided.............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... $39, 980 41,308 647 1, 600 5,559 8,500 7,419 2,550 22 27 25 00 58 00 08 00 $107,564 40 RECEIPTS. Cash on hand January 1, 1912...................................................... Dues on instalment sharescredited to members........................... Dues on savings shares .................................................................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fines received ...................................................................................... Interest received ................................................................................ Premium received ................................................................................ Rent rece iv e d ........................................................................................ Reverted dividends .............................................................................. $1,101 11,702 20,187 3, 500 19,175 680 187 4,355 2,177 665 240 53 60 06 00 55 00 83 92 96 00 98 $63,974 43 d is b u r s e m e n t s . Loaned on mortgage......................................................................... Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Paid savings shares .......................................................................... Paid income shares ........................................................................... Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares.................................................................................................... Paid matured shares ....................................................................... Paid borrowed money and prior mortgages............................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage ....................................... Paid rent . , ........................................................................... . ............ Paid repairs to real estate................................................. ’. ........... Paid taxes, insurance, etc................................................................... Paid banking department, examination ....................................... Paid banking department, assessment........................................... Advances for taxes, insurance, etc................................................. Cash on hand, December 31, 1912................................................... $9,200 00 335 00 7, 985 95 26, 388 39 1, 500 00 1,994 80 77 25 6 , 050 26 6 , 00 0 00 450 1, 559 287 546 38 592 58 09 97 28 64 93 33 00 8 91 I l l 82 788 81 $63, 974 43 Plan, permanent. weekly. Par value of shares, $100. Instalments are 15 cents 54 R eport on S a y in g s a n d L o an A ssociations . Shares in force January 1, 1912, 6,879; shares issued during the year, 1,496; shares withdrawn during the year, 1,545; shares in force, 6,830. Bor rowing members, 99, holding 839 shares; non-borrowing members, 600; hold ing 5,991 shares. Female shareholders, 222, holding 2,278 shares. Total dividends credited members during the year on instalment shares, $1,712.05; rate 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,711.58; rate 4 per cent. Total dividends forforfeited by withdrawing members during the year, $240.98. No unpaid withdrawals. Amount of shares matured during the year, $6,050.26. Operating expenses, as defined in Section 227 of the Banking Law, incurred and paid during the year, $2,393.89. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing.members, 5 cents per share per week. Loans have been made in Albany, Columbia, Essex, Gyeene, Onondaga, Kennselaer, Saratoga, Schenectady and Schoharie counties, New York state. Largest mortgage loan outstanding, $5,000. Mortgages in force in New York State, $93,049.17. No foreclosures during the year. y5 PERMANENT SAVINGS AND LOAN ASSOCIATION OF ALBANY, N. Y. No. 48 South Pearl street, Albany, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. Post-office addresses. HENRY SCHAFER ......................................... Albany. N. Y. J. E. ALLAN8ON............................................... Albany, N. Y. IRA PORTER ................................................... Albany. N. Y. EDWARD W. RANKIN.................................... Albany, N. Y. ASSETS'. Loans on bond and mortgage............................................................ Loans on shares.................................................................................. Real estate ........................................................................................... Cash on hand and in bank................................................................ Advances for taxes, insurance, etc.................................................... $170,053 12.968 1.039 2,691 5 00 00 18 00 25 $186,756 43 LIABILITIES. Due shareholders, instalment shares.................... ...................... Dividends credited ............................................................................ Balance to be paid borrowers on mortgage loans...................... Borrowed money ................................................................................ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $141,724 16,644 700 7,000 12,887 7,800 11 40 00 00 92 00 $186,756 43 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members....................... Money borrowed ................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Real estate sold..................................................................................... Fines received ....................................................................................... Interest received ................................................................................. Rent received ........................................ Advances repaid .................................................................................. Reverted dividends ................................................•............................ Duplicate books ............................................. ; ................................... $4,244 74,771 22,000 38,920 13,493 1,373 324 11,267 186 70 958 2 49 51 00 00 00 44 82 62 00 10 73 00 $167,611 71 A lban y C ounty. 55 DISBURSEMENTS Loaned on mortgage............................................................................ Loaned on shares................................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans................... Paid matured shares ........................................................................ Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid for real estate............................................................... Paid salaries and clerk-hire........................................................... Paid advertising, printing and postage....................................... Paid r e n t ............................................................................................... Paid taxes, insurance, e tc .................................................................. Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Officers’ bonds .................................................................................... Advances for taxes, insurance, etc................................................... Cleaning office .................................................................................... Teleph on e............................................................................................... G a s .......................................................................................................... Auditing committee .......................................................................... S ta tio n e ry ................................................ '............................................ S u n d ries................................................................................................. Cash on hand, December 31, 1912................................................... $35,150 00 10,442 00 51,260.77 2,680 19 18,460 07 40,000 00 876 54 2,494 40 2,374 25 307 07 480 00 773 99 50 1478 34 00 75 35 60 00 30 86 9 00 30 00 11 05 23 15 2,691 00 $167,611 71 Plan, permanent. Par value of shares, $105. Instalments are 25 cents weekly. Shares in force January 1 , 1912, 7,210; shares issued during the year, 2,684; shares withdrawn during the year, 3,216; shares in force, 6,678. Borrowing members, 133, holding 3,230 shares; non-borrowing members, 758, holding 3,448 shares. Female shareholders, 445, holding 2,780 shares. Total dividends credited members during the year on instalment shares, $7,103.91; rate 6 per cent. Total dividends forfeited by withdrawing members during the year, $958.73. No unpaid withdrawals. Amount of shares matured during the year, $18,460.07. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,258.11. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Albany, Rensselaer, Columbia and Saratoga counties, New York State. Largest mortgage loan outstanding, $3,500. Mortgages in force in New York State, $170,053. Two foreclosures during the year. SAFETY BUILDING-LOAN AND SAVINGS ASSOCIATION OF THE CITY OF ALBANY. Room 12, Tweddle Building, Albany, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. JOHN H. LYNCH................ EDWARD J. B. MURRAY. JOHN J. GALLOGLY........... ANDREW G. SEELMANN. Post-office addresses. Cor. Madison Av. & Church St. 256 Quail Street. First National Bank. 68 State Street. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares.................................................................................. Cash on hand and in bank................................................................ $258,850 00 30,874 50 102 81 56 R eport on S a v in g s a n d L o an A ssociations . Furniture and fixtures........................................................................ Instalments due and unpaid............................................................ Interest, premium, fees and fines due and unpaid....................... Advances for taxes, insurance, etc.................................................... Accrued interest, etc.......................................................................... $85 804 470 2,324 736 00 25 26 48 84 $294,248 14 LIABILITIES. Due shareholders, instalment shares................................... •......... Dividends credited ............................................................................... Balance to be paid borrowers on mortgage loans....................... Borrowed money ................................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... Dues and interest paid in advance............................................... $203,001 44,682 1,290 36,300 4, 862 3,878 233 00 48 28 00 51 26 61 $294,248 14 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members.......... ................ Money borrowed ................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ....................................................................................... Fines received ....................................................................................... Interest received ................................................................................. Advances repaid ................................................................................... Reverted dividends ............................................................................... Personal accounts ............................................................ ^................. $860 48,616 40,300 33,350 17,566 108 205 16,220 812 690 11, 031 96 50* 00 00 50 25 22 95 74 06 27 $169,762 45 DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares................................................................................. Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans..................... Paid matured shares ........................................................................ Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage....................................... Paid r e n t ............................................................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Officers’ bonds ..................................................................................... State League dues and expenses...................................................... Interest and fines, overpayments.................................................... Legal fees ............................................................................................. Burglar insurance ............................................................................... F u rn itu re ............................................................................................... Personal accounts ................................................................................ Cash on hand, December 31, 1912.................................................... $68,600 20,354 16,373 2,299 21,300 26,400 2,062 371 142 90 1,255 52 19 20 26 4 3 26 113 10,144 102 00 00 75 78 00 00 92 88 64 98 03 00 32 00 00 27 00 25 08 74 81 $169,762 45 A lban y C ounty. 57 Plan, serial. Par value of shares, $200. Instalments are 50 cents semi monthly. Shares in force January 1, 1912, 3,844%; shares issued during the year, 832% ; shares withdrawn during the year, 600; shares in force, 4,077. Borrowing members, 269, holding 1,963% shares; non-borrowing members, 288, holding 2,113% shares. Female shareholders, 184, holding 1,246 shares. Total dividends credited members during the year on instalment shares, $13,574.19; rate 6 per cent. Total dividends forfeited by withdrawing members during the year, $690.06. No unpaid withdrawals. Amount of shares matured during the year, $21,300. Entrance or membership fee, 25 cents per .share; not more than $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $790.83. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Albany, Rensselaer and Schenectady counties, New York State. Largest mortgage loan outstanding, $5,500. Mortgages in force in New York State, $258,850. No foreclosures during the year. WEST END SAVINGS AND LOAN ASSOCIATION. No. 854 Madison avenue, Albany, N. Y. [Organized under Law of 1851. Commenced business 1889.] Officers. P resid en t................. Names. PETER K IN N E A R ................. Secretary .................. Treasurer ................. Attorney ................... LINNEUS H. BURDICK___ C. A. HOLLENBECK............. WALTER E. WARD............... Post-office addresses. Cor. Delaware Avenue and Whitehall Road. 455 Broadway. 88 Beaver Street. 78 State Street. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Real e s t a t e ............................................................................................. Cash on hand and in bank................................................................ $213,570 800 14, 900 1,649 00 00 00 05 $230,919 05 LIABILITIES. Due shareholders, instalment shares............................................... Dividends c re d ite d ................................................................................ Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contigent fund (as per section 225 of Banking L a w )................. Unearned or rebatable premium..................................................... $181, 997 22, 950 3, 000 10 , 579 3, 850 8,541 75 65 00 60 00 05 $230,919 05 RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members.......... ................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fees received ...................................................................................... Interest received ................................................................................ Premium receiv ed ................................................................................ Rent re ceiv ed ........................................................................................ $4, 144 101, 367 14,500 35,700 310 108 10, 140 539 1,269 59 40 00 00 00 50 95 85 61 58 R eport on S a y in g s a n d L oan A ssociations . Fire loss ................................................................................................. Overdraft returned ............................................................................... Real estate ............................................................................................. $2, 480 00 100 00 2 62 $170,663 52 DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares.................................................................................... Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans..................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid for real estate.............................................................................. Paid salaries and clerk-hire .............................................................. Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid repairs to real estate.................................................................. Paid taxes, insurance, e tc................................................................ Paid banking department, examination....................................... Paid banking department, assessment............................................. Officers’ bonds ....................................................................................... State League dues................................................................................. S i g n .......................................................................................................... Filing cabinet ....................................................................................... A t t o r n e y ................................................................................................. Fire loss ................................................................................................. Cash on hand December 31, 1912...................................................... $45, 360 1,110 85,313 7,593 23, 000 294 1,473 1, 200 199 247 152 358 101 17 24 6 16 37 30 2, 480 1,649 00 00 68 60 00 93 11 00 09 00 45 81 00 05 00 00 00 00 75 00 05 $170,663 52 Plan, permanent. Par value of shares, $105. Instalments are 25 cents weekly. Shares in force January 1, 1912, 6,223; shares issued during the year, 1,940; shares withdrawn during the year, 1,169; shares in force, 6,994." Borrowing members, 112, holding 2,034 shares; non-borrowing members, 716, holding 4,960 shares. Female shareholders, 327, holding 2,066 shares. Total dividends credited members during the year on instalment shares, $8,834.90; rate 6 per cent. No unpaid withdrawals. Entrance or membership fee, 50 cents per mem ber. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,729.84. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, about % per cent. Loans have been made in Albany, Greene, Rensselaer and Schenectady counties, New York State. Largest mortgage loan outstanding, $11,655. Mortgages in force in New York State, $213,570. No foreclosures during the year. ALLEGANY COUNTY. ALFRED MUTUAL LOAN ASSOCIATION. Main street, Alfred, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... F. E. E. E. Commenced business 1884.] Names. Post-office addresses. A. CRUMB..................................................... Alfred, N. Y. P. SAUNDERS............................................. Alfred, N. Y. A. GAMBLE.................................................. Alfred, N. Y. E. HAMILTON............................................. Alfred, N. Y. ALLEGAN V Cou A T Y . 59 ASSETS. Loans on bond and mortgage.............................................................. Loans on shares.................................................................................... Contracts for the sale of real estate............................................... Heal estate ............................................................................................ Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Instalments due and unpaid............................................................ Interest, premium, fees and finesdue and unpaid......................... Advances for taxes, insurance, e tc ................................................. S ta tio n e ry .............................................................................................. $169,578 16,500 3, 821 5, 179 4,026 199 575 827 19 67 65 00 14 OS 98 28 59 31 75 00 $200,794 78 LIABILITIES. Due shareholders, instalmentshares................................................. Dividends credited ............................................................................ "Earnings undivided ............................................................................ Contingent fund (as per section225 of B anking'L aw )................ Dues prepaid ........................................................................................ Interest prepaid .................................................................................. Rent u n p a id .......................................................................................... $156,861 40,670 539 2.610 95 00 15 38 00 75 6 00 12 50 $200,794 78 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate. .. Loans on shares repaid........................................................................ Real estate sold.................................................................................... Fees received ........................................................................................ Fines received ...................................................................................... Interest received ................................................................................ Rent receiv ed ........................................................................................ Advances repaid .................................................................................. Application deposits ......................................................................... Certificate of indebtedness................................................................ Expense repaid .................................................................................... Profit on real estate sold..................................................................... Reverted dividends.............................................................................. Real estate contracts............................................... .......................... $784 91 30, 507 07 3, 800 00 24, 189 82 13,000 00 1, 837 01 94 77 223 83 11,364 88 501 00 1451 145 36 1,291 00 45 31 512 99 306 74 1,047 50 $89,666 70 DISBURSEMENTS. Loaned on mortgage..................'......................................................... Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. .\ Dividends paid on withdrawal, or applied on loans..................... Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money andprior mortgages............... Paid for real e s t a t e ............................................................................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing andpostage........................................... Paid r e n t ................................................................................................ $20,400 17,200 10, 097 2, 349 26,800 .3, 800 47 728 540 185 50 00 00 56 87 00 00 84 00 00 68 50 60 R eport on S a y in g s a n d L oan A ssociations . Paid repairs to real estate.................................................................. Paid taxes, insurance, e tc .................................................................... Paid banking department, examination........................................... Paid banking department, assessment............................................. Officers’ bonds ....................................................................................... Advances for taxes, insurance, etc.................................................... State League dues................................................................................. Application d ep osits............................................................................. Contingent fund ................................................................................... Commissions............................................................................................ Office and committee expense............................................................ Legal se rv ice s......................................................................................... Recording f e e ......................................................................................... Foreclosure c o s t .................................................................................... Interest lost on foreclosure .............................................................. Protest fees ................................... : .................. ! ............................... Real estate contracts..................................................... Furniture and fixtures.......................................................................... Cash on hand December 31, 1912........................................................ $94' 116 45 14 20 26 6 152 72 149 58 26 6 132 52 1 2,461 4 4, 026 49 24 08 99 09 76 00 50 47 05 58 93 19 19 30 25 29 05 98 $89,666 70 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 2,410; shares issued during the year, 358; shares withdrawn during the year, 279%; shares in force, 2,488%. Borrow ing members, 156, holding 1,051 shares; non-borrowing members, 286, holding 1,437% shares. Female shareholders, 208, holding 986% shares. Total dividends credited members during the year on instalment shares, $10,753.85; rate 5% per cent. Total dividends forfeited by withdrawing members during the year, $306.74.' Amount of filed and unpaid withdrawals December 31, 1912, $186.75. Amount of shares matured during the year, $26,800. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Bank ing Law, incurred and paid during the year, $934.06. Operating expenses, as defined in section 227 of the Banking Law, incurred during the year and re maining unpaid, $12.50. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Allegany, Livingston and Steuben counties, New Y ork State and in Texas. Largest mortgage loan outstanding $4,600. Mort gages in force in New York State, $168,078.65. One foreclosure during the year. BROOME COUNTY. CO-OPERATIVE BUILDING AND LOAN ASSOCIATION OF BINGHAMTON, NEW YORK. Room 418 Security Mutual Life Building, corner Exchange and Court streets, Binghamton, N. Y. [Organized under Law of 1851. Officers. P resid e n t................. Secretary . . ; ............ Treasurer ................. Attorney ................... Commenced business 1886.] Names. H. D. WHITMARSH............... BENJ. A. BAUMANN............. CHAS>. D. MATTHEWS----HENRY C. OLMSTEAD......... Post-office addresses. 122 Oak Street. 416 Security Mut. Life Bldg 132 State Street. Binghamton Sav. Bank Bldg B roome C o u n ty. 61 ASSETS. Loans on bond and m ortgage.............................................................. Loans on shares.................................................................................... Cash on hand and in bank........ ! ................................................ Furniture and fixtures.......................................................................... $175,100 2,835 3, 896 285 00 00 91 96 $182,117 87 LIABILITIES. Due shareholders, instalment shares............................................. Due shareholders, income shares........................................................ Dividends credited .............................................................................. Borrowed money .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. Accrued interest .................................................................................... $54,037 99,400 14, 253 8 , 020 3, 574 2,659 174 00 00 27 00 15 45 00 $182,117 87 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members.......................... Dues on income shares........................................................................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares r e p a id ...................................................................... Fees received ........................................................................................ Fines re ce iv e d ........................................................................................ Interest received .................................................................................. Premium received .............................................................................. Reverted dividends .............................................................................. $3, 152 13 13,001 14 20, 000 00 8,020 00 16,100 00 1, 905 00 87 50 93 40 9, 844 35 36 00 77 19 $72,316 71 DISBURSEMENTS. Loaned on mortgage.............................................................................. $43, 300 00 L oaned on shares........................................................................................ 1, 165 00 Instalment dues repaid on withdrawal, or applied on loa n s.. . . Paid income shares............................................................................ Dividends paid on withdrawal, or applied on loans...................... Cash dividends paid on income and accumulative prepaid sh a res.................................................................................................. Paid matured shares................................................................ Paid borrowed money and prior mortgager:-................................. Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire............................................................... Paid advertising, printing and postage......................................... Paid r e n t ............................................................... ................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... Officers’ bonds ........ .'......................................................................... Cash on hand December 31, 1912...................................................... 2, 711 72 8 , 300 00 432 75 4, 376 90 3,401 70 3, 500 00 221 74 625 00 5 25 75 00 220 50 42 50 1174 30 00 3,896 91 $72,316 71 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 1,902; shares issued during the year, 467; shares withdrawn during the year, 177; shares in force, 2,192. Borrowing members, 131, holding 927 shares; non-borrowing members, 167, holding 1,265 .shares. Female shareholders, 107, holding 886 shares. 62 R eport on S a v in g s a n d L o an A ssociations . Total dividends credited members during the year on instalment shares, $3,274.22; rate 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $4,376.90; rate 5 per cent. Total dividends forfeited by withdrawing members during the year, $77.19. No unpaid withdrawals. Amount of shares matured during the year, $3,401,70. Entrance or membership fee, 10 cents and 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid during the year, $735.25. Unpaid, none. Premijim plan, instalment. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Broome county, New York State. Largest mort gage loan outstahding, $5,000. Mortgages in force in New York State, $175,100. No foreclosures during the year. HOME MUTUAL LOAN AND SAVINGS ASSOCIATION OF BINGHAMTON, NEW YORK. No. 81 Court street, Binghamton, N. Y. [Organized Officers. President . : ............. Secretary .................. Treasurer ................. Attorney ................... under Law of 1851. Commenced business 1889.] Names. Post-office addresses. C. P. RADEKER....................................... Binghamton, N. Y. WILLIAM A. JOHNSON........................ Binghamton, N. Y. J. W. STURTEVANT................................ Binghamton, N. Y. M. E. PAG E................................................ Binghamton, N. Y. ASSETS Loans on bond and mortgage....................... Loans on shares.. ............................................ Contracts for the sale of real estate.......... Real e s t a t e ....................................................... Cash on hand and in bank............................. Furniture and fixtures................................... $35,055 1,575 3,000 4,690 7, 078 210 43 00 00 95 46 30 $51,610 14 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited ............................................................................... Due shareholders, paid up stock ....................................................... Earnings undivided ............................................................................. Contingent fund ( as persection 225 of Banking Law ) .............. Contracts ............................................................................................... $17, 153 16 2, 564 45 29,800 00 666 53 985 00 441 00 $51,610 14 RECEIPTS. Cash on hand January 1, 1912.......................................................... Due on instalment shares credited to members...................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ......................................................................................... Interest rece iv e d .................................................................................. Premium re ceiv ed ................................................................................. Reverted d iv id en d s.............................................................................. Paid up stock ....................................................................................... Contracts .............................................................................................. Judgment paid u p ................................................................................. $162 6,565 3, 000 16,373 550 5 2,564 15 1 1,100 115 587 67 03 00 53 00 00 01 60 57 00 00 50 $31,039 91 C attaraugus C o u n ty. 63 d is b u r s e m e n t s . Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . . Dividends paid on withdrawal, or applied on loans.................... Cash dividends paid on income and accumulative prepaid s h a r e s ................................................................................................. Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid taxes, insurance, etc.................................................................. Paid banking department, assessment........................................... Officers’ bonds ...................................................................................... Dividends maturing shares................................................................ Tellers .................................................................................................... Mortgage t a x ............................................... Paid up stock ...................................................................................... Fire in su ran ce...................................................................................... Office ex p en se............. Cash on hand December 31, 1912..................................................... $3,842 1,550' 3, 362 506 00 00 17 87 1,506 1, 424 9, 000 190 40 3 12 4 12' 7 4 11 2, 400 16 68 7,078 27 29 00 00 00 00 75 34 50 26 00 00 00 95 08 46 $31,039 91 Plan, permanent. Par value of shares, $100, $200, $300 and $500. Instal ments are 25 cents weekly. Shares in force January 1, 1912, 878; shares issued during the year, 184; shares withdrawn during the year, 222; shares in force, 840. Borrowing members, 27, holding 148 shares; non-borrowing members, 85, holding 602 shares. No record of female shareholders. Total dividends credited members during the year on instalment shares, $853.40; rate 4% per cent, to 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,506.27; rate 4 per cent, to 5 per cent. Total dividends forfeited by withdrawing members during the year, $1.57. No unpaid withdrawals. Amount of shares matured during the year, $1,424.29. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid dur ing the year, $157.28. Unpaid, none. No premium plan. Interest paid by borrowing members, 5% per cent, and 6 per cent. No premium charged. Loans have been made in Broome county, New York State. Largest mortgage loan outstanding, $3,500. Mortgages in force in New York State, $35,055.43. No foreclosures during the year. CATTARAUGUS COUNTY. GOWANDA CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 25 Main street, Gowanda, N. Y. [Organized Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... under Law of 1851. Commenced business 1889.] Names. Post-office addresses. HENRY R. GAENSSLEN............................ Gowanda, N. Y. FRANKLIN J. HERDEG............................ Gowanda, N. Y. FRANKLIN J. HERDEG............................ Gowanda, N. Y. FRED J. BLACKMON................................ Gowanda, N. Y. 64 R eport on S a y in g s a n d L o an A ssociations . assets. Loans on bond and m ortgage............................................................ Loans on shares___ •............................................................................. Stocks and bonds................................................................................... Real e s t a t e ............................................................................................. Cash on hand and in hank................................................................ Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid...................... Accrued in te r e s t................................................................................... $325, 304 19,861 19,825 3, 500 9, 354 850 812 2, 547 97 75 00 00 55 00 76 24 $382,046 27 LIABILITIES. Due shareholders, instalment shares.............................................. Due shareholders, savings shares................................................... Due shareholders, accumulative prepaid shares......................... Due shareholders, income' shares...................................................... Dividends credited .............................................................................. Borrowed m o n e y ................................................................................... Earnings u n d iv id e d ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Salaries u n p a id ..................................................................................... $208,574 24,480 16,915 90, 000 24, 804 588 10, 013 6 , 500 170 75 74 00 00 39 26 13 00 00 $382,046 27 RECEIPTS. Cash on hand January 1, 1 9 1 2 ...’................................................ Dues on instalment sharescredited to members........................... Dues on savings shares...................................................................... Dues on accumulative prepaid shares........................................... Dues on income shares...................................................................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees r e ce iv e d ......................................................................................... Fines received ....................................................................................... Interest receiv ed .................................................................................. Bent rece iv e d ......................................................................................... Reverted div id en d s.............................................................................. Appraisal fees repaid........................................................................ $7,127 81,933 54,573 9, 605 83, 300 13, 200 50, 457 24, 088 569 55 19, 025 336 488 50 19 25 06 00 00 00 07 00 00 87 39 00 70 50 $344, 809' 03 DISBURSEMENTS. Loaned on m o rtg a g e ............................................................................. Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. .. Paid savings sh a re s............................................................................. Paid accumulative prepaid shares.................................................. Paid income shares ............................................................................. Dividends paid on withdrawal, or applied on loans.............. .. . Cash dividends paid on income and accumulative prepaid sh a r e s .................................................................................................. Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................. Paid repairs to real estate................................................................ $133, 83® 24,125 6 6 , 402 44, 674 2,125 27, 800 11,598 44 25 25 52 00 00 75 L 854 19,791 768 1,342 143 22 94 20 28 51 00 53 50 69 65 C attaraugu s C o u n ty. Paid taxes, insurance, etc.................................................................. Paid banking department,examination........................................... Paid banking department,assessment.............................................. State League dues................................................................................ Adding machine .................................................................................. B o o k s ...................................................................................................... Telephone ............................................................................................... Steel ca b in et.......................................................................................... Light and fu el...................................................................................... Night w a tc h .......................................................................................... Express .................................................................................................. S p rin k lin g .............................................................................................. Office supplies ...................................................................................... Appraisal f e e s ...................................................................................... Cash on hand December 31, 1912..................................................... $132 57 52 00 22 42 6 00 250 OO 103 55 33 05 62 50 83 24 7 00 4 10 4 12 52 29 65 72 9,354 55 $344,809 03 Plan, permanent. Par value o f shares, $125. Instalments are 25 cents weekly. Shares in force January 1, 1912, 6,230; shares issued during the year, 2,278; shares withdrawn during the year, 2,122; shares in force, 6,386. Borrowing members, 210, holding 1,730 shares; non-borrowing members, 938, holding 4,656 shares. Female shareholders, 485, holding 2,216 shares. Total dividends credited members during the year on instalment shares, $12,188.80; rate, 6/30 per cent. Total dividends credited or paid in cash to members dur ing the year on other shares, $1,854.20; rate, 4% per cent, and 3 per cent. Total dividends forfeited by withdrawing members during the year, $488.70. No unpaid withdrawals. Amount of shares matured during the year, $43,886.50. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid dur ing the year, $1,879.10. Operating expenses, as defined in section 227 of the Banking Law, incurred during the year and remaining unpaid, $170. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, cents per share per week. Loans have been made in Cattaraugus, Chautauqua and Erie counties, New York State. Largest mortgage loan outstanding, $8,400. Mortgages in force in New York State, $325,304.97. One foreclosure during the year. 2% OLEAN BUILDING, LOAN AND SAVINGS ASSOCIATION. No. 109 North street, Olean, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1892.] Names. Post-office addresses. N. V. V. FRANCHOT......................................... Olean, N. Y. F. Y. R. STILLMAN........................................... Olean, N. Y. ALLAN B. WILLIAMS....................................... Olean, N. Y. CREIGHTON S. ANDREWS............................ Olean, N. Y. ASSETS. Loans on bond and mortgage.......................................................... Loans on shares.................................................................................. Contracts for the sale of real estate............................................... Cash on hand and in bank................................................................ Advances for taxes, insurance, etc.................................................... County clerk ........................................................................................ $50, 200 2,560 1,558 6,350 16 10 00 90 00 33 19 77 $60,696 19 3 66 R eport on S a v in g s a n d L oan A ssociations . LIABILITIES Due shareholders, instalment shares ............................................ Due shareholders, income shares .................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... $43,077 7,850 7 , 173 645 1,950 30 00 43 46 00 $60,696 19 RECEIPTS. Cash on hand January 1, 1912...................................................... Dues on instalment sharescredited to members........................... Dues on income shares .................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Interest received ................................................................................. Premium received .............................................................................. Advances repaid ................................................................................... Reverted dividends ............................................................................ Transfer fees ......................................................................................... C o n tra cts............................................................................................... $2,353 28,384 5,700 27, 875 1,659 3,118 944 6 82 75 00 00 80 34 58 67 33 50 56 ' 1 138 00 $70,238 79 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Paid income shares............................................................................ Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid s h a r e s ...........................................................' ..................................... Paid matured shares ........................................................................ Paid salaries and clerk-hire............................................................ Paid advertising, printing and postage....................................... Paid r e n t ..................................... Paid taxes, insurance, etc................................. 1.............................. Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Mortgage tax ....................................................................................... County clerk .............................. R e co rd in g ............................................................................................... Cash on hand, December 31, 1912.................................................... $10,500 00 3,133 50 28,164 04 9,100 00 1,433 46 515 9, 715 937 152 120 12 27 5 50 1 18 6,350 44 64 50 99 00 47 00 52 50 70 70 33 $70,238 79 Plan, permanent. Par value of shares, $100. Instalments are 20 cents weekly. Shares in force January 1, 1912, 1,884; shares issued during the year, 402; shares withdrawn during the year, 606; shares in force, 1,680. Borrowing members, 47, holding 502 shares; non-borrowing members, 285, holding 1,178 shares. Female shareholders, 153, holding 705 shares. Total dividends credited members during the year on instalment shares, $2,572.82; rate 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $515.44; rate 3% per cent. Total dividends forfeited by withdrawing members during the year, $56.33. No unpaid withdrawals. Amount of shares matured during the year, $9,715.64. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,229.19. Unpaid, none. 67 C attaraugus C o u n ty. Premium plan, instalment. Interest paid by borrowing members, 10 cents per share per week. Premium paid by borrowing members, 15 cents per share per month. Loans have been made in Cattaraugus county, New York State. Largest mortgage loan outstanding, $6,000. Mortgages in force in New York State, $50,200. No foreclosures during the year. SALAMANCA LOAN AND BUILDING ASSOCIATION. No. 5 Maple street, Salamanca, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1882.] Names. Post-office addresses. AUGUST SEITZ........................................... Salamanca, N. Y. JOHN HOAG............................................... Salamanca, N. Y. E. F. HOY..................................................... Salamanca, N. Y. HUDSON A N S L E Y .................................... Salamanca, N. Y. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Advances for taxes, insurance, etc................................................. Attorney fees advanced...................................................................... S u n d ries................................................................................................. $480,025 2,243 100 69 54 83 00 38 00 75 25 09 $482,575 47 LIABILITIES. Due shareholders, instalment shares............................................. Dividends credited ............................................................................ Due shareholders, matured shares................................................... Balance to be paid borrowerson mortgage loans........................... Borrowed money ................................................................................ Earnings undivided .......................................................................... Contingent fund (as per section 225 of Banking Law ) .......... Unearned or rebatable premium................................................... Orders drawn, but not paid.............................................................. $349, 088 56,871 250 1,200 54,811 1 ,42£ 2, 264 15,548 1,118 46 40 00 00 25 .38 88 56 54 $482,575 47 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members.......................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Fines received ........................ Interest received ................................................................................ Premium received .............................................................................. Reverted dividends ............................................................................ Orders drawn but not paid................................................................ $3,817 113,417 101,776 82,625 333 23,133 5,160 581 1,118 91 76 71 00 83 16 00 80 54 $331,964 71 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. Dividends paid on withdrawal, or applied on loans................... Paid matured shares ........................................................................ Paid borrowed money and prior mortgages........ ........................ Paid interest on borrowed money and prior mortgages.......... $87,325 111,533 24,496 750 100,600 3,399 00 84 64 00 00 53 68 R eport on S a v in g s a n d L oan A ssociations . Paid salaries and clerk-hire.............................................................. Paid r e n t ............................................................................................... Paid taxes, insurance, etc................................................................ Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Advances for taxes, insurance, e tc .................................................... Postage ................................................................................................... G a s .......................................................................................................... P r in t in g .............................................................. T eleph on e.......................................................................... Attorney fees . . . 1.............................................................................. In cid en tals............................................................................................. L e d g e rs.......................................................................... S u n d ries................................................................................................. Cash on hand, December 31, 1912.................................................... $1,000 158 13 66 36 69 14 21 34 15 54 29 32 71 2,243 00 00 50 70 25 75 22 60 55 00 25 21 25 04 38 $331,964 71 Plan, serial. Par value of shares, $125. Instalments are 25 cents weekly. Shares in force January 1, 1912, 7,777; shares issued during the year, 1,787; shares withdrawn during the year, 1,246; shares in force, 8,318. Borrowing members, 485, holding 3,708 shares; non-borrowing members, 792, holding 4,610 shares. Female shareholders, 619, holding 3,009 shares. Total dividends credited members during the year on instalment shares, $19,837.28; rate 6 % per cent. Total dividends forfeited by withdrawing members during the year, $581.80. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,304.83. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 6 per cent. Lqans have been made in Cattaraugus county, New York State. Largest mortgage loan outstanding, $25,000. Mortgages in force in New York State, $480,025. No foreclosures during the year. CHAUTAUQUA COUNTY. DUNKIRK SAVINGS AND LOAN ASSOCIATION. No. 229 Central avenue, Dunkirk, N. Y. [Organized under Law of 1851. Officers. President Secretary Treasurer Attorney Commenced business 1889.] Names. WILLIAM BOOKSTAVER . . . GEORGE A. BAUSUM............... JAMES M. MADIGAN............... WILLIAM BOOKSTAVER . . . Post-office addresses. 229 Central Avenue. Lake Shore National Bank. Merchants’ National Bank. 229 Central Avenue. ASSETS. Loans on bonds and mortgage............................................................ Loans on s h a r e s .................................................................................. 'Real estate ................................................................ Cash on h a n d and in bank................................................................ $168, 950 400 L 908 23, 274 00 00 69 49 $194,533 18 Chautauqua C ounty. 69 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ............................................................................... Balance to be paid borrowers on mortgage loans........................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking D a w ).......... $173,942 15, 548 176 2, 315 2,551 18 05 58 32 05 $194,533 18 RECEIPTS. Cash on hand January 1,1912 .......................................................... Dues on instalment sharescredited to members......................... Mortgages redeemed, foreclosed or transferred to real estate. . Loans on shares repaid...................................................................... Real estate sold .................................................................................. Fees received ......................................................................................... Fines received ...................................................................................... Interest received ................................ Rent received ....................................................................................... Advances repaid .................................................................................. Reverted dividends ............................................................................ $4,106 97 84,183 37 25,100 00 100 00 400 00 567 50 336 88 9,046 18 40 00 28 25 535 76 $124,444 91 DISBURSEMENTS. Loaned on mortgages ........................................................................ Loaned on shares................................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. Dividends paid on withdrawal, or applied on loans................... Paid for real estate ............................................................................ Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage ........................................ Paid r e n t ............................................................................................... Paid taxes, insurance, etc.................................................................... Paid banking department, examination......................................... Paid banking department, assessm ent........................................... Advances for taxes, insurance, etc................................................... State League dues .............................................................................. Vault rent .......................................................................................... Lights and cleaning office ................................................................ Roll book, etc.......................................................................................... Attorney f e e s ........................................................................................ Cash on hand, December 31, 1912.................................................... $32, 823 350 60,242 6 , 346 371 800 7 75 25 30 12 18 5 20 9 20 10 23,274 42 00 51 86 67 00 80 00 94 12 69 05 50 00 96 90 00 49 $124,444 91 Plans, serial. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 5,086; shares issued during the year, 2,210; shares withdrawn during the year, 1,366; shares in force, 5,930. Bor rowing members, 255, holding 1,587 shares; non-borrowing members, 1,089, holding 4,343 shares. Female shareholders, 632, holding 2,830 shares. Total dvidends credited members during the year on instalment shares, $8,707.65; rate, 5/46 per cent. Total dividends forfeited by withdrawing members during the year, $535.76. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in Section 227 of the Banking Law, incurred and paid during the year, $949.16. Unpaid, none. No premium plan. Interest paid by borrowing members, 10 cents per share per week. No premium charged. 70 R eport on S a v in g s a n d L oan A ssociations . Loans have been made in Chautauqua county, New York State. Largest mortgage loan outstanding, $5,000. Mortgages in force in New York State, $108,950. No foreclosures during the year. LAKE SHORE SAVINGS AND LOAN ASSOCIATION. No. 18 East Second street, Dunkirk, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1891.] Names. JOHN W. O’BRIEN..................... JOHN J. MADIGAN.................... T. D. LUNT. . ................................ J, L. HURLBURT.......................' Post-office addresses Dunkirk. 113 West Fourth Street. L. Shore National Bank. 18 East Second Street. ASSETS'. Loans on bond and mortgage............................................................ Cash on hand and in bank................................................................ Advances for taxes, insurance, etc................................................... Accrued interest ................................................................................... $164, 158 14,329 14 137 64 70 80 58 $178,640 72 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ............................................................................... Balance to be paid borrowers on mortgage loans......................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Individual accounts ............................................................................ $146,717 26, 798 1,000 1, 685 2, 153 285 34 30 00 36 75 97 $178, 640 72 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment sharescredited to members............................ Mortgages redeemed, foreclosed ortransferred to real estate.. Fees received ......................................................................................... Fines received ....................................................................................... Interest r e ce iv e d ................................................................................... Advances repaid ................................................................................... Individual accounts ............................................................................. $5, 414 65 38,015 83 31,855 52 221 50 216 37 8 , 328 65 20 70 129 00 $84,202 22 DISBURSEMENTS. Loaned on mortgage .......... ................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................ Paid r e n t ................................................................................................ Paid banking department, examination ...................................... Paid banking department, assessment ......................................... Advances for taxes, insurance, etc.................................................. State League dues ............................. ................................................. Individual accounts ............................................................................. Cash on hand, December 31, 1912.................................................... $32, 700 30,482 6 , 054 460 00 90 99 00 11 90 65 00 39 50 1273 5 00 5 50 35 00 14,329 70 $84,202 22 C hautauqua C ounty. 71 Plan, permanent-serial. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 6,661; shares issued during the year, 2,215; shares withdrawn during the year, 1,592; shares in force, 7,284. Borrowing members, 123, holding 2,618 shares; non-borrowing members, 302, holding 4,666 shares. Female shareholders, 55, holding 2,007 shares. Total dividends credited members during the year on instalment shares, $8,006.84; rate per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in Section 227 of the Banking Law, incurred and paid during the year, $542.40. Unpaid, none. No premium plan. Interest paid by borrowing members, 5 per cent. No premium charged. Loans have been made in Chautauqua county, New York State. Largest mortgage loan outstanding, $9,020. Mortgages in force in New York State, $164,158.64. No foreclosures during the year. 5% y5 SILVER CREEK CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 10 East Dunkirk street, Silver Creek, N. Y. [Organized under Law o f 1894. Officers. P resid en t................. Secretary .................. ' Treasurer ................. Attorney ................... Commenced business 1909.] Names. Post-office addresses. C. S. HOLMES............................................. Sliver Creek, N. Y. W. J. BRAND............................................. Silver Creek, N. Y. HOWARD M. MONTGOMERY.................. Silver Creek, N. Y. FRANK L. SMITH..................................... Silver Creek, N. Y. ASSETS Loans on bond and m ortgage....................... Loans on shares............................................... Cash on hand and in hank........................... $27,825 00 135 00 1,590 19 $29,550 19 LIABILITIES. Due shareholders, instalmentshares .............................................. Due shareholders, accumulative prepaid shares......................... Dividends credited ............................................................................ Borrowed money ................................................................................ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. $22,371 4, 600 902 1,000 596 79 00 00 68 00 83 68 $29,550 19 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members....................... Dues on accumulative prepaid shares........................................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ....................................................................................... Fines received ...................................................................................... Interest received ................................................................................ $382 83 14,802 23 5,700 00 2,000 00 2, 450'00 75 00 126 25 14 44 1,442 50 $26,993 25 72 R eport on S a v in g s a n d L oan A ssociations . DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on sh ares................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Paid accumulative prepaid shares.................................................... Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid s h a r e s .................................................................................................. Paid borrowed money and prior mortgages............................... Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire................................ Paid advertising, printing and postage....................................... Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Officers’ bonds ..................................................................................... Recording mortgages ........................................................................ Mortgage taxes ................................................................................... Electric lights ......................................................, ........................... Cash on hand, December 31, 1912.................................................... $9,516 75 9,058 2 , 900 335 24 00 48 00 91 131 25 3,000 00 125 99 171 00 318 20 04 1 79 16 00 851 36 50 3 17 1,590 19‘ $26,993 25 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1 , 1912, 914; shares issued during the year, 558; shares withdrawn during the year, 414; shares in force, 1,058. Borrowing members, 18, holding 219 shares; non-borrowing members, 174, holding 839 shares. Female shareholders, 49, holding 266 shares. Total dividends credited members during the year on instalment shares, $803.29; rate 6*4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $131.25; rate 5 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $193.35. Unpaid, none. No premium plan. Interest paid by borrowing members, 5 per cent. No premium charged. Loans have been made in Chautauqua county, New York State. Largest mortgage loan outstanding, $5,000. Mortgages in force in New York State, $27,825. No foreclosures during the year. y5 CHEMUNG COUNTY. CHEMUNG VALLEY MUTUAL LOAN ASSOCIATION. No. 121 East Church street, Elmira, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1875. Law o f 1894.] Names. CLAY W. HOLMES......................... GEORGE H. DAVIDSON.............. MILTON Y. SMITH........................ CASSIUS A. PH ILLIPS................ Reorganized under Post-office addresses. 410 W. Gray Street. 121 East Church Street. Second National Bank. 511 Robinson Bldg. ASSETS. Loans on bond and m ortgage............................................................ $1,148,896 99 Loans on shares..................................................................................... 74,500 00 Real estate ........................................................................................... 13,228 68 Chem ung C ounty. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Instalments due and unpaid............................................................ Interest, premium, fees and fines due and unpaid................... Advances for taxes, insurance, etc.................................................. 73 $27, 175 1,339 2,420 5,886 1,194 79 65 86 24 68 $1,274,642 89 LIABILITIES. Due shareholders, instalment shares ........................................... Due shareholders, income shares ............................................. ... Due shareholders, juvenile savings shares................................... Dividends credited ............................................................................ Due shareholders, matured shares................................................... Borrowed money ................................................................................ Earnings undivided .......................................................................... Contingent fund (as per section225 of Banking L a w )................ Dues and interest prepaid................................................................ $746,006 300,300 15,766 154, 853 400 35,000 3,483 16,314 2,519 00 00 49 02 00 00 03 85 50 $1,274,642 89 RECEIPTS. Cash on hand January 1, 1912...................................................... Dues on instalment shares credited to members......................... Dues on income shares .................................................................... Dues on juvenile savings shares...................................................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ...................................................................................... Fines received ...................................................................................... Interest received ................................................................................ Rent received ...................................................................................... Advances repaid ................................................................................ Juvenile banks sold............................................................................ $12,015 180,364 108,500 8 , 866 50,950 123,034 51,350 947 665 61,801 1,899 503 16 48 06 00 64 00 97 00 25 20 17 89 33 00 $600,913 99 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on sh ares................................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. Paid income shares ............................................................................ Paid juvenile savings shares............................................................ Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid sh a r e s ................................................................................................. Paid matured shares ........................................................................ Paid borrowed money and prior mortgages............................... Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire............................................................ Paid advertising, printing and postage....................................... Paid r e n t ............................................................................................... Paid repairs to real estate....................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, assessment........................................... Advances for taxes, insurance, etc................................................. Sundry expenses ............................................................................... Appraisal fees ...................................................................................... $177,184 54,500 65,148 80,300 4,041 9,472 10,489 90,600 74,950 1,393 3,048 141 700 74 209 91 824 231 210 68 00 06 00 70 39 86 00 00 64 00 67 00 80 71 29 09 35 00 74 R eport on S a v in g s a n d L o an A ssociations . Office supplies ....................................................................................... Furniture arid fixtures........................................................................ Cash on hand, December 31, 1912.................................................... $110 00 16 96 27,175 79 $600,913 99 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 13,665; shares issued during the year, 2,713; shares withdrawn during the year, 1,866; shares in force, 14,512. Borrowing members 954, holding 7,824 shares; non-borrowing members, 800, holding 6,688 shares. Female shareholders, 855, holding 5,335 shares. Total dividends credited members during the year on instalment shares, $43,639.85; rate, 5% per cent. Total dividends credited or paid in cash to members during the year on other shares, $11,977.56; rate 4 per cent. Total dividends forfeited by withdrawing members during the year, $1,040.53. Amount of filed and unpaid withdrawals December 31, 1912, $400. Amount of shares matured during the year, $90,600. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $4,457.98. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5/1 per cent. No premium charged. Loans have been made in Chemung county, New York State. Largest mortgage loan outstanding, $25,000. Mortgages in force in New York State, $1,148,896.99. One foreclosure during the year. ELMIRA CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 157 Lake street, Elmira, N. Y. [Organized under Law of 1887. Commenced business 1888.] Officers. Names. Post-office addresses. P r e s id e n t .................... HENRY L. ROSENBAUM................................. Elmira, N. Y. Secretary ................... HENRY M. CLARKE........................................ Elmira, N. Y. HENRY M. CLARKE........................................ Elmira, N. Y. Treasurer ................. Attorney ................... HERSCHEL L. GARDNER.............................. Elmira, N. Y. ASSETS. Loans on bond and mortgage................................... Loans on shares............................................................ Stocks and bonds.......... ‘............. ................................. Contracts for the sale of real estate....................... Real estate .................................................................... Cash on hand and in bank.......................................... Furniture and fixtures................................................ Instalments due and unpaid..................................... Interest, premium, fees and fines due and unpaid Advances for taxes, insurance, etc......................... $328,250 25,300 4,675 267 1, 700 5,698 350 2,197 3,175 44 00 00 00 75 00 15 00 00 00 10 $371,657 00 LIABILITIES. Due shareholders, instalment shares................................................ Due shareholders, income .shares...................................................... Due shareholders, juvenile savings shares................................... Dividends credited ............................. ................................................. Balance to be paid borrowers on mortgage loans....................... $227, 389 63, 600 4,651 40, 957 1,1 0 0 00 00 88 95 00 Chem ung C ounty. Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... 75$26, 500 00 2,911 24 4, 546 93 $371, 657 00 RECEIPTS. Cash on hand January 1, 1912........................................................... Dues on instalment shares credited to members........................... Dues on income shares............................................... Dues on juvenile savings shares................................................... Money borrow ed .................................................................................... Mortgages redeemed, foreclosed or transferred to real estate. . . Loans on shares repaid...................................................................... Real estate sold.................................................................................... Fees received ....................................................................................... Fines r eceiv ed ................................................... Interest received ................................................................................ Rent r eceiv ed ........................................................................ , .............. Advances repaid .................................................................................. Real estate contracts .......................................................................... Sale of juvenile banks........................................................................ Bonds sold ............................................................................................. $1,554 38 54, 395 00 21,400 00 1,212 83 60, 000 00 24, 050 00 33,075 00 1,350 00 157 25 136 72 17, 795 50 212 00 18 00 160 00 22 00 7, 216 25 $222,754 93 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Paid income shares ............................................................................ Paid juvenile savings shares ............................................................ Dividends paid on withdrawal, or applied on loans....................... Cash' dividends paid on income and accumulative prepaid sh a res.................................................................................................. Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid repairs to real estate.................................................................. Paid taxes, insurance, etc.................................................................... Paid banking department, assessment........................................... Officers’ b o n d s ........................................................................................ Advances for taxes, insurance, etc.................................................... State League dues and expenses........................................................ Telephone .............................................................................................. Books and stationery............................................................................ Attorney fees ........................................................................................ Appraisers’ fees . . ; .............................................................................. Sundries.................................................................................................. Juvenile banks redeemed...................................................................... Cash on hand December 31, 1912....................................................... $48, 900 16,700 37, 715 26,400 1, 647 4, 848 2, 754 24,400 50, 500 1,008 1,412 124 150 9 77 27 20 62 27 24 47 35 108 19 37 5,698 00 00 00 00 12 70 83 00 00 00 00 31 00 77 92 89 00 10 00 25 25 80 00 84 00 15 $222,754 93 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 5,535; shares issued during the year, 906; shares withdrawn during the year, 1,255; shares in force, 5,186. Borrowing 76 R eport on S a v in g s a n d L o an A ssociations . members, 181, holding 2,218 shares; non-borrowing members, 592, holding 2,968 shares. Female shareholders, 267, holding 1,630 shares. Total dividends credited members during the year on instalment shares, $11,772.54; rate, 4% per cent. Total dividends credited or paid in cash to members during the year on other shares, $2,836.13; rate 4 per cent. Total dividends forfeited by withdrawing members during the year, $551.16. No unpaid withdrawals. Amount o f shares matured during the year, $24,400. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 o f the Banking Law, incurred and paid during the year, $1,898.95. Unpaid, none. Premium plan, gross; interest paid by borrowing members, 5/1 per cent. N o premium charged. Loans have been made in 'Chemung county, New York State. Largest mort gage loan outstanding, $6,000. Mortgages in force in New York State, $327,150. No foreclosures during the year. ELMIRA MUTUAL BUILDING-LOAN ASSOCIATION. No. 167 Lake street, Elmira, N. Y. [Organized under Law of 1892. Officers. Vice-President......... Secretary ................... Attorney ................... Commenced business 1893.] Names. Post-office addresses. J. M. SHOEMAKER......................................... Elmira, N. Y. JESSE L. COOLEY........................................... Elmira, N. Y. NEVENDEAU & MANDEVILLE................... Elmira, N. Y. ASSETS. Loans on bond and mortgage.............................................................. $22,466 93 C ontracts fo r the sale o f real esta te ................................................... 2, 237 89 Real estate ............................................................................................. Cash on hand and in bank.................................................................... Furniture and fixtures........................................................................ Advances for taxes, insurance, e tc.................................................... 300 3, 922 160 52 00 54 00 32 $29,139 68 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited .............................................................................. Due shareholders on first division of assets...............•.................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............... $19,390 6 , 992 1, 359 1,201 196 27 81 07 53 00 $29,139 68 RECEIPTS. Cash on hand January 1, 1912....................................... 1 .................. Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................... Real estate s o l d ..................................................................................... Interest re ce iv e d ................................................................................... Rent re ce iv e d ......................................................................................... Received on contracts........................................................................... Division of assets credited to shareholders................................... $1, 761 48 337 50 6,231 40 800 00 12, 710 00 786 82 546 94 2,589 13 1,359 07 $27,122 34 C henango C o u n ty. 77 DISBURSEMENTS. Loaned on m ortg a g e............................................................................ Instalment dues repaid on withdrawal, or applied on loans. . . . Dividends paid on withdrawal, or applied on loans................... Paid for real estate.............................................................................. Paid salaries and clerk-hire............................................................... Paid advertising, printing and postage......................................... Paid r e n t ............................................................................. , . ............... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc.................................................................. Paid banking department, assessment........................................... Advances for taxes, insurance, etc................................................... Sundry expenses .................................................................................. Collection and exchange.................................. Attorney f e e s ......................................................................................... Losses charged to reserve fu nd........................................................ Cash on hand December 31, 1912..................................................... $ 8 , 000 8 ,002 2, 366 2, 698 426 14 120 185 121 3 52 26 25 61 1,094 3,922 00 28 54 82 75 60 41 36 45 37 32 05 35 52 98 54 $27,122 34 Plan, serial. Par value of shares, $100. Instalments are 50 cents and $1 monthly. Shares in force January 1, 1912, 1,471%; shares issued1 during the year, none; shares withdrawn during the year, 98; shares in force, 1,373%. Bor rowing members, 5, holding 50 shares; non-borrowing members, 135, holding 1,323% shares. Female shareholders, 13, holding 124 shares. Amount of filed and unpaid withdrawals December 31, 1912, $20,380. Op erating expenses, as defined in section 227 of the 'Banking Law, incurred and paid during the year, $674.68. Unpaid, none. Premium plan, premiuminterest. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, per cent. Loans have been made in Erie, Niagara and Schenectady counties, New York State. Largest mortgage loan outstanding, $12,000. Mortgages in force in New York State, $22,466.93. No foreclosures during the year. 1% CHENANGO COUNTY. CHENANGO CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 182 Broad street, Norwich, N. Y. [Organized under Law of 1887. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. Post-office addresses. P. JOE SCHORN............................................. Norwich, N. Y. CHARLES C. M cN ITT.................................. Norwich, N. Y. GEO. A. THOMAS........................................... Norwich, N. Y. IRA H. HYDE................................................... Norwich, N. Y. ASSETS. Loans on bond and mortgage.......................................................... Loans on shares .................................................................................. Real e s t a t e ............................................................................................ Cash on hand and in bank................................................................ Furniture and fixtures ...................................................................... Advances for taxes, insurance, e tc ................................................... $281,579 14,139 10, 314 1,845 1, 083 41 11 00 07 10 67 91 $309,002 86 78 R eport on S a y in g s a n d L o an A ssociations . LIABILITIES. Due shareholders, instalment s h a r e s ............................................. Due shareholders, savings shares .................................................... Due shareholders, income shares .................................................... Dividends credited ............................................................................... Balance to be paid borrowers on mortgage loans....................... Borrowed money ................................................................................. Earnings undivided ............................................................................ Contingent fund (as per Section 225 of Banking L a w )............ $171,751 21, 346 63, 320 36,513 2,918 8 , 000 638 4,515 00 96 00 43 00 00 08 39 $309,002 86 RECEIPTS. Cash on hand January 1, 1912 ........................................................ Dues on instalment shares credited to members....................... Dues on savings shares .................................................................... Dues on income shares ...................................................................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid .................................................................... Fees received ......................................................................................... Fines received ....................................................................................... Interest rece iv e d .................................................................................. Rent received ....................................................................................... Advances repaid ................................................................................... Reverted dividends ............................................................................. Pass books ............................................................................................. $7,710 35,527 16, 800 36, 000 16, 500 39,774 4, 732 41 4 16, 245 521 12 439 19 95 00 43 00 00 26 00 50 37 07 68 00 46 50- $174, 328 22 DISBURSEMENTS. Loaned on mortgage ............................................................... Loaned on s h a r e s ........ .'...................................................................... Instalment dues repaid on withdrawal, or applied on loans.. Paid savings shares ............................................................................. Paid income shares ..................................... ....................................... Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid sh a re s.................................................................................................. Paid matured shares .......................................................................... Paid borrowed money and prior mortgages............................... Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage ....................................... Paid repairs to real estate .............................................................. Paid taxes, insurance, etc.................................................................. Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Advances for taxes, insurance, etc................................................... Furniture and fixtures ...................................................................... Accrued interest .................................................................................. Cash on hand, December 31, 1912.................................................... $69,851 6,522 14,374 9, 462 36, 750 2, 176 99 00 00 50 00 31 2, 535 39 19, 800 00 8,500 00 153 92 1,139 99 1787 6 104 41 398 58 39 00 21 86 44 76 273 40 156 25 1,845 10 $174,328 22 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 2,88>1; shares issued during the year, 483; shares withdrawn during the year, 413; shares in force, 2,951. Bor rowing members, 185, holding 1,378 shares; non-borrowing members, 199, C o l u m b ia C o u n t y . 79 holding 1,573 shares. Female shareholders, 133 holding 826 shares. Total dividends credited members during the year on instalment shares, $11,024.05; rate 5% per cent. Total dividends credited or paid in cash to members during the year on other shares, $3,024.24; rate 4 per cent. Total dividends forfeited by withdrawing members during the year, $439.46. No unpaid withdrawals. Amount of shares matured during the year, $19,800. Entrance or membership fee, 50 cents per member. Operating ex penses, as defined in Section 227 of the Banking Law, incurred and paid dur ing the year, $1,318.65. Unpaid, none. No premium plan. Interest paid by borrowing members, .6 per cent. No premium charged. Loans have been made in Chenango county, New York State. Largest mort gage loan outstanding, $4,000. Mortgages in force in New York State, $278,661.11. One foreclosure during the year. COLUMBIA COUNTY. HUDSON SAVINGS AND LOAN ASSOCIATION. No. 346 Warren street, Hudson, N. Y. [Organised under Law o f 1910. Commenced business 1911.] Officers. Names. Post-office addresses. President ................... DELBERT DINEHART.................................. Hudson, N. Y. Secretary ................... E. C. VAN LOAN........................................... Hudson, N. Y. Treasurer ................. L. R. TILDEN................................................... Hudson, N. Y. Attorney ...............’. . L. R. TILDEN.................................................... Hudson, N. Y. ASSETS. Loans on bond and m o rtg a g e ............................................................ Loans on shares .................................................................................. Cash on hand and in bank................................................................ Books and sta tion ery .......................................................................... $10, 300 1 1,249 92 00 91 19 88 $11,643 98 LIABILITIES. Due shareholders, instalment shares ........................................... Due shareholders, income shares...................................................... Dividends credited................................................................................ Earnings undivided ............................................................................ Contingent fund (as per Section 225 of Banking L a w ).......... $9, 767 1, 500 312 42 22 00 00 17 62 19 $11,643 98 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members........................... Dues on income shares ...................................................................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed ortransferred to real estate. . Fees received ........................................................................................ Fines received ....................................................................................... Interest rece iv e d .................................................................................. Beverted dividends ............................................................................ $1,411 00 7,109 00 400 00 3,200 00 2,400 00 114 35 5 02 391 85 1 H $15,033 23 R eport on S a y in g s a n d L o an A ssociations . 80 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on loans. . . Dividends paid on withdrawal, or applied on loans.................... Cash dividends paid on income and accumulative prepaid sh a re s.................................................................................................. Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages............. Paid salaries and clerk-hire.............................................................. Paid banking department, examination ..................................... Paid banking department, assessment........................................... Officers’ bonds ....................................................................................... Incorporation expenses ...................................................................... Cash on hand, December 31, 1912..................................... $10, 098 1 270 5 50 3, 200 16 50 20 80 91 00 52 40 00 26 00 83 32 30 00 40 00 1,249 19 $15,033 23 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 369; shares issued during the year, 359; shares withdrawn during the year, 29; shares in force, 699. Borrowing members, 6 , holding 75 shares; non-borrowing members, 119, holding 624 shares. Female Shareholders, 2 2 , holding 107 shares. Total dividends credited members during the year on instalment shares, $228.65; rate 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $58.40; rate 4 per cent. Total dividends forfeited by withdrawing members during the year $ 1 . 11 . No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in Section 227 of the Banking Law, incurred and paid during the year, $120. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Columbia county, New York State. Largest mortgage loan outstanding, $3,000. Mortgages in force in New York State, $10,300. No foreclosures during the year. STUYVESANT FALLS BUILDING AND LOAN ASSOCIATION. Stuyvesant Falls, N. Y. [Organized under Law of 1851. Officers. President Secretary Treasurer Attorney Commenced business 1881.] Names. JAMES R. HUGHES. M. J. DUNHAM........ WILLIAM CULLEN FRANK S. BECKER Post-office addresses. Stuyvesant Falls, N. Y. Stuyvesant Falls, N. Y. Stuyvesant Falls. N. Y. Kinderhook, N. Y. ASSETS. Loans on bond and mortgage............................................................ Loans on shares ................................................................................... Cash on hand and in bank .............................................................. $9,025 00 1> 398 00 580 07 $11,003 07 LIABILITIES. Due shareholders, instalment shares .............................................. Dividends credited .............................................................................. Earnings undivided ............................................................................. Contingent fund (as per Section 225 of Banking L a w ).......... $8,940 1> 814 12 235 00 61 61 85 $11,003 07 C o rtlan d C o u n ty. 81 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members......................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares r e p a id ...................................................................... Fees received ............................................. Fines r e ce iv e d ...................... Interest received ................................................................................ $8 00 2, 508 950 600 900 00 00 00 00 11 00 8 20 603 25 $5,688 45 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares .......................................................................... • . . Instalment dues repaid on withdrawal, or applied onloans.. Dividends paid on withdrawal, or applied on loans................... Paid borrowed money and prior mortgages............................... Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid banking department, examination......................................... Paid banking department, assessment........................................... Satisfaction fee .................................................................................... Cash on hand, December 31, 1912................................................... $ 1 . 300 00 1 , 348 00 978 00 219 36 1,055 79 16 93 50 00 17 00 22 10 70 50 580 07 $5,588 45 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 149; shares issued the year, 70; shares withdrawn during the year, 12; shares in force, 207. Borrowing members, 15, holding 92 shares; non-borrowing members, 25, holding 115 shares. Fe male shareholders, 10 holding 53 shares. Total dividends credited members during the year on instalment shares, $491.70; rate per cent. No unpaid withdrawals. Entrance or membership fee, $1 per member. Operating expenses, as defined in Section 227 of the Banking Law, incurred and paid during the year, $67.50. Unpaid, none. N o premium plan. Interest paid by borrowing members, 6 per cent. No -premium charged. Loans have been made in Columbia and Bensselaer counties, New York State. Largest mortgage loan outstanding, $1,800, Mortgages in force in New York State, $9,025. No foreclosures during the year. 5y2 CORTLAND COUNTY. CENTURY CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. East Main street, Marathon, N. Y. [Organized under Law o f 1894. Commenced business 1895.] Officers. Names. Post-office addresses. P resid en t........... FRED H. SW IFT........................................... Marathon, N. Y. Secretary .................. A. C. BAKER................................................. Marathon, N. Yt T re a su re r..................... E. L. COURTNEY........................................... Marathon, N. Y. 82 R eport on S a v in g s a n d L o an A ssociations . ASSETS. Loans on bond and m ortgage............................................................ Loans on shares..................................................................................... Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ $20, 025 00 &9 00 455 10 11 20 $20, 580 30 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited .............................................................................. Due shareholders, matured shares.................................................... Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. $15,716 20 2 , 009 18 1 ,0 1 0 OO 1, 250 00 297 20 297 72 $20,580 30 RECEIPTS. Cash on hand January 1, 1012.......................................................... Dues on instalment shares credited to members......................... Money borrowed ......................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees re ce iv e d ......................................................................................... Fines received ....................................................................................... Interest rece iv e d ................................................................................... Reverted d iv id en d s.............................................................................. Attorney f e e s ....................................... ......'........................................ $499 4, 887 150 1,400 855 20 31 1, 204 4 17 58 43 00 00 00 00 71 22 00 45 $9,069 39 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . . Dividends paid on withdrawal, or applied on loans................... Paid matured shares .................................................................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid taxes, insurance, e tc .................................................................. Paid banking departm ent.................................................................. Safe deposit box..................................................................................... Telephone ............................................................................................... Attorney f e e s ............................................................... Cash on hand December 31, 1912...................................................... $2 , 400 610 1 , 133 174 3, 641 350 00 00 71 21 83 00 88 74 150 00 177 16 50 16 06 2 00 2 47 27 00 455 10 $9,069 39 Plan, permanent. Par value of shares, $100. Instalments are 50 cents and $1 monthly. Shares in force January 1, 1912, 507; shares issued during the year, 73; shares withdrawn during the year, 61; shares in force, 519. Borrowing mem bers, 21, holding 215 shares; non-borrowing members, 54, holding 304 shares. Female shareholders, 21, holding 84 shares. Total dividends credited members during the year on instalment shares, $904.80; rate, 3% per cent. Total divi dends forfeited by withdrawing members during the year, $4. C ortland C ou n ty. 83 No unpaid withdrawals. Amount of shares matured during the year, $4,651.83. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid dur ing the year, $183.24. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Broome and Cortland counties, New York State. Largest mortgage loan outstanding, $2,000. Mortgages in force in New York State, $20,025. No foreclosures during the year. DIME SAVINGS AND LOAN ASSOCIATION. No. 50 Main street, Cortland, N. Y. [Organized under Law of 1910. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1911.] Names. Post-office addresses. FREDERICK B. NOURSE............................ Cortland, N. Y. W A STOCKWELL......................................... Cortland, N. Y. FRANK J. PECK ........................................... Cortland, N. Y. CHAMPLIN & BUCK..................................... Cortland, N. Y. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Cash on hand and in bank.....................,.......................................... Interest, premium, fees and fines due and unpaid..................... Instalments due and unnaid........................................ $11,250 00 550 00 591 00 175 $450 40 $12,392 75 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, income shares .................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $7, 890 4,100 95 299 7 10 00 09 72 84 $12,392 75 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income shares........................................................................ Loans on shares repaid.............................. Fees receiv ed ........................................................................................ Interest re ceiv ed .............................. Premium re ceiv ed ...................... $417 6,798 2, 800 40 90 367 110 61 10 OO 00 20 54 27 $10,623 72 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.............................................................................. Instalment dues repaid on withdrawal, or applied on loans.1. . Dividends paid on withdrawal, or applied on loans............... Cash dividends paid on income and accumulative prepaid sh a res............................ ..................................................................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... $8 , 800 590 445 2 OO 00 20 24 48 13 17 50 24 33 84 R epo r t on S a v in g s a n d L o an A ssociations . Paid rent ............................................................................................... Paid banking department, examination......................................... Paid banking department, assessment............................................. Officers’ bonds ....................................................................................... Lights, etc................................................................................................ Cash on hand December31, 1912........................................................ $72 oO 16 00 22 12 00 5 io 591 00 $10,623 72 Plan, permanent. Par value of shares, $ 100 . Instalments are 10 cents weekly. Shares in force January 1, 1912, 1,042; shares issued during the year, 902; shares withdrawn during the year, 289; shares in force, 1,655. Borrowing members, 18, holding 206 shares; non-borrowing members, 122, holding 1,449 shares. Female shareholders, 32, holding 176 shares. Total dividends credited members during the year on instalment shares, $98.80; rate, 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $48.13; rate, 4% per cent. Total dividends forfeited by withdrawing members during the year, $1.47. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $130.93. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 10 cents per share per week. Premium paid by borrowing members, 3 cents per share per week. Loans have been made in Cortland county, New York State. Largest mort gage loan outstanding, $2,400. Mortgages in force in New York State, $11,250. No foreclosures during the year. DELAWARE COUNTY. THE WALTON CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. Delaware street, Walton, N. Y. [Organized under Law o f 1894. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1907.] Names. Post-office addresses. F. R. DARLING................................................. Walton, N. Y. EDNA J. REID ................................................. Walton, N. Y. GEORGE A. PECK............................................. Walton, N. Y. A. G. PATTERSON........................................... Walton, N. Y. ASSETS. Loans on bond and m ortgage.............................................................. Loans on shares..................................................................................... Cash on hand and in bank.................................................................... $9, 800 00 68 40 68 64 $9,937 04 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, income shares...................................................... Dividends credited ............................................................................... Borrowed m o n e y ................................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).............. $ 6 , 844 400 414 1,650 535 92 78 00 24 00 91 11 $9,937 04 D utch ess C ou n ty. 85 RECEIPTS. Cash on hand January 1, 1912........................................................... Dues on instalment sharescredited to members............................. Dues on income shares........................................................................ Money borrow ed.................................................................................... Loans on shares repaid........................................................................ Fees received ........................................................................................ Fines received ............................................................... Interest received ................................................................................ Advances repaid ..................................................................; .............. $154 1,777 400 12 94 50 00 00 100 00 4 10 547 1 27 40 09 00 $3,007 20 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, orapplied onlo a n s ... Dividends paid on withdrawal, or applied onloans.................... Paid matured s h a r e s .......................................................................... Paid borrowed money and prior mortgages..................... •............. Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire......................................................... . . Paid advertising, printing and postage......................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment............................................. Cash on hand December 31, 1912........................................................ $1,000 00 100 00 254 72 14 92 200 00 1,112 00 198 76 25 00 8 50 10 06 13 92 68 68 64 $3,007 20 Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 185; . shares issued during the year, 12; shares withdrawn during the year, 10; shares in force, 187. Borrowing members, 8 , holding 50 shares; non-borrowing members, 33, holding 137 shares. Female shareholders, 8 , holding 42 shares. Total dividends credited members during the year on instalment shares, $144.17; rate 5 per cent. Total dividends forfeited by withdrawing members during the year, $3.93. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $43.56. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Delaware county, New York State. Largest mort gage loan outstanding, $1,600. Mortgages in force in New York State, $9,800. No foreclosures during the year. DUTCHESS COUNTY. HOME CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 47 Market street, Poughkeepsie, N. Y. [Organized under Law of 1887. Officers. P resid en t................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888. Law of 1804.] Names. GEORGE W. KRIEGER........................ JOHN B. ROBINSON............................ GUILFORD DUDLEY .......................... JOHN J. MYLOD.................................... Reorganized under Post-office addresses. Poughkeepsie, N. Y. Poughkeepsie, N. Y. Poughkeepsie, N. Y. Poughkeepsie, N. Y. 86 R eport on S a v in g s a n d L o an A ssociations . ASSETS. Loans on bond and mortgage............................................................ Loans on shares..................................................................................... Real estate ................................................................ ............................ Cash on hand and in Bank................................................................ Furniture and fixtures........................................................................ Cash difference .................................................................... ................ Instalments due and unpaid................................................................ Interest, premium, fees and' fines due and unpaid.. $511,000 25,750 2, 965 10,545 402 4 968 00 00 62 00 96 23 01 $177 28 $551, 635 82 LIABILITIES. Due shareholders, instalment shares................................................. Due shareholders, income shares............................................................ Dividends credited ............................................................................... Balance to be paid borrowers on mortgage loans........................... Borrowed money ................................................................................... Earnings undivided ................................................................................... Contingent fund (as per section 225 of Banking L a w )..................... Dues paid in advance........................................................................... Repairs to real estate.................. Interest a d va n ced ..................................................................................... $402,270 00 4,70000 81,773 52 8 , 650 00 40,000 00 5,35480 8 ,58083 201 17 100 00 5 50 $551,635 82 RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members........................... Dues on income shares.......................................................................... Money b o r r o w e d .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate. . . Loans on shares repaid................ Fees received ......................................................................................... Fines received .................................................................. : .................. Interest received ................................................................................. Rent re ce iv e d ......................................................................................... Transfer fees ......................................................................................... Reverted dividends .............................................................................. Bonds sold ............................................................................................. Rebate on light b ills............................................................................. Furniture and fixtures........................................................................ Cash difference ..................................................................................... Attorney f e e s ......................................................................................... $ 6 , 861 98,423 4,700 40, 000 6 8 , 550 5,250 405 302 29,594 390 10 468 5, 410 19 50 2 467 69 46 00 00 00 00 75 42 50 00 75 33 00 43 00 25 95 $260,906 53 DISBURSEMENTS. Loaned on mortgage.............................. Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on loans___ Dividends paid on withdrawal, or applied on loans....................... Cash dividends paid on income and accumulative prepaid sh a re s................................................................................................... Paid matured shares ........................................................................... Paid borrowed money and prior mortgages........ ........................ Pand interest on borrowed money and prior mortgages........ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage.......................................... Paid r e n t ................................................................................................ $131,750 10,750 31, 388 2, 425 00 00 00 144 29,636 40,000 1,500 1,105 202 300 10 06 00 76 00 07 00 60 E r ie C o u n t y . 87 Paid repairs to real estate.................................................................. Paid taxes, insurance, e tc .................................................................. Paid banking department, examination......................................... Paid banking department, assessment............................................. Officers’ bonds ...................................................................................... State League dues................................................. L ig h t s ............................................................... : .................................. . B o o k s ....................................................................................................... L iv e r y ...................................................................................................... Commission on bond sale.................................................................... Moving s a f e .......................................................................................... Safe deposit box .................................................................................. Electric fan ............................................................................................ Cash difference .................................................................................... Furniture and fixtures........................................................................ Attorney fees ........................................................................................ J a n ito r .................................................................................................... Cash on hand December 31, 1912........................................................ $119 39 46 28 98 33 36 84 36 00 7 50 32 15 112 00 22 50 875 20 00 5 00 18 25 6 2a 100 00 469 95 20 75 10, 545 00 $260,906 53 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 7,588; shares issued during the year, 1,623; shares withdrawn during the year, 982; shares in force, 8,229. Borrowing members, 347, holding 3,222 shares; non-borrowing members, 884, holding 5,007 shares. Female shareholders, 513, holding 3,656 shares. Total dividends credited members during the year on ipstalment shares, $24,143.05; rate 5% per cent. Total dividends credited or paid in cash to members during the year on other shares, $144.10; rate 4 ^ per cent. Total dividends forfeited by withdrawing members during the year, $468.33. No unpaid withdrawals. Amount of shares matured during the year, $29,636.06. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,941.97. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Dutchess and Ulster counties, New York State. Largest mortgage loan outstanding, $6,500. Mortgages in force in New York State, $511,000. No foreclosures during the year. ERIE COUNTY. AETNA PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 77 Seventeenth street, Buffalo, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. ERVINE D O D D ................................ WILLIAM E. SHIFFERENS......... CONRAD KAISER............................ GEORGE B. BURD.......................... Post-office addresses. 340 Franklin Street. 14 Seventeenth Street. 371 Vermont Street. 26 Erie Co. Bk. Bldg. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Real estate ............................................................................................ $40, 350 00 2,160 00 721 47 88 R eport on S a y in g s a n d L o an A ssociations . Cash on hand and in bank.........................................., ...................... Furniture and fixtures........................................................................ $23, 273 31 175 39 $75*680 17 LIABILITIES. Due shareholders, instalment shares............................................... Dividends c re d ite d ............................................................................... Earnings u n d iv id e d ...................... Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium...................................................... $62, 774 8,343 951 3, 000 610 85 70 62 00 00 $75,680 17 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real esta te.. Loans on shares repaid...................................................................... Fees received ......................................................................................... Fines received ....................................................................................... Interest r eceiv ed ................................. ; ............................................... Premium receiv ed ................................................................................. Reverted d iv id en d s............................................................................... $16, 355 26 35, 665 00 ’ l l , 880 00 120 00 122 13 4, 419 310 419 50 44 42 00 54 $69,305 16 DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s .. . Dividends paid on withdrawal, or applied on loans..................... Paid matured sh a r e s ...........................-.............................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................. Paid banking department, examination........................................ Paid banking department, a s s e s s m e n t...................................... Office furniture ..................................................................................... Cash on hand December 31, 1912......................................... ; . . . . $4,030 00 960 00 25, 288 25 1, 834 85 12, 884' 80 699 00 106 37 651 27 19 13 75 5 74 175 39 23,273 31 $69,305 16 Plan, serial. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 2,244; shares issued during the year, 490; shares withdrawn during the year, 299; shares in force, 2,435. Borrowing members, 26, holding 346 shares; non-borrowing members, 280, holding 2,089 share's. Female shareholders, 118, holding 667 shares. Total dividends credited members during the year on instalment shares, $3,851.95; rate, 7 per cent. Total dividends forfeited by withdrawing members during the year, $419.54. N o unpaid withdrawals. Amount of shares matured during the year, $12,884.80. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid dur ing the year, $805.37. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 15 cents per share per week. Premium paid by borrowing members, $10 per share. 89 E r ie C o u n t y . Loans have been made in Erie county, New York State. Largest mortgage loan outstanding,, $3,120. Mortgages in force in New York State, $49,350. No foreclosures during the year. BLACK ROCK MUTUAL HOME AND SAYINGS ASSOCIATION. No. 52 Amherst street, Buffalo, N. Y. [Organized under Law of 1851. OfQcers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1890.] Names. JOHN B L U S T ..................................... LOUIS G. FETES................................. AUGUST ROTH ................................. JAMES P. SCHAUS............................ Post-office addresses. 205East Street. 81 Hertel Avenue. 414Dearborn Street. 213 Mutual Life Bldg. ASSETS. Loans on bond and mortgage.......................................................... Real e s t a t e ............................................................................................ Cash on hand and in bank................................................................ $199,158 91 10, 631 66 30,170 26 $239,900 83 LIABILITIES. Due shareholders, instalment shares............................................. Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 o f Banking L a w )............ $205,160 2 2 , 875 7, 353 4, 570 56 89 98 40 $239,960 83 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real estate.. Real estate sold................................................................................ '. . Fees received ........................................................................................ Fines r e ce iv e d ...................................................................................... Interest r eceiv ed .................................................................................. Premium received .............................................................................. Rent receiv ed ........................................................................................ $24,327 193,939 16,108 2,300 967 14 10, 947 2, 484 327 60 21 00 00 50 75 50 81 00 $251,406 37 DISBURSEMENTS Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loans. . . Dividends paid on withdrawal,, or applied on loans..................... Paid for real estate............................................................................ Paid salaries and clerk -h ire.............................................................. Paid advertising, printing and postage......................................... Paid rent .............................................................................................. Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, examination......................................... Paid banking department, assessm ent........................................... Officers’ bonds ........................ Mortgage t a x ........................................................................................ Cleaning o ffic e ...................................................................................... $58,100 146, 362 5, 018 6,451 2, 498 348 77 550 402 31 14 00 90 06 73 80 35 00 25 62 00 26 68 00 289 00 20 52 90 R eport on S a y in g s a n d L oan A ssociations . Office supplies ....................................................................................... Moving expenses ................................................................................... Light .............................................................................. Telephone................................................................................................. Coal and w ater....................................................................................... Attorney f e e s .................................................................................. Office furniture ..................................................................................... Real estate loss..................................................................................... Cash on hand December 31, 1912.................................................... $67 11 17 7 39 91 560 210 30, 170 00 25 16 00 30 00 64 27 26 $251,406 37 Plan, permanent. Par value of shares, $130. Instalments are, 25 cent* weekly. Shares in force January 1, 1912, 9,261; shares issued during the year, 3,830; shares withdrawn during the year, 2,027; shares in force, 11,064. Bor rowing members, 132, holding 1,2*15 shares; non-borrowing members, 1,482, holding 9,849 shares. Female shareholders, 449', holding 2,363 shares. Total dividends credited members during the year on instalment shares, $8,084.98; rate, 6 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,135.05. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 5 cents per share per week. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $9,000. Mortgages in force in New York State, $199,158.91. No foreclosures during the year. CARLTON STREET PERMANENT SAVINGS AND AID ASSOCIATION. No. 306 Carlton street, Buffalo, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1880.] Names. CHARLES D E T H L O P P ............. JOHN A. GLUNZ.......................... WILLIAM S C H M ID T .................. LOUIS BRAUNLEIN .................. Post-office addresses. 55 Berlin Street. .39 Peach Street. 306 Carlton Street. 14 German Ins. Co. Bldg. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ $25,100 00 881 71 50 00 $26,031 71 LIABILITIES. Due shareholders, instalment shares.................•............................ Dividends credited ............................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... $22,951 1,976 601 502 00 49 92 30 $26,031 71 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real estate.. $4,413 67 28,785 50 4,138 25 E r ie C o u n t y . 91 Fees received ........................................................................................ Interest received ................................................................................ $120 25 1,655 81 $39,113 48 DISBURSEMENTS. Loaned on mortgage.......................................................................... Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans.................. Paid matured shares ........................................................................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid r e n t ............................................................................................... Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Officers’ bonds .................................................................................... Legal service ............................................................................... Appraisal committee ........................................................................ Cash on hand December 31, 1912................................................... $2,700 31,886 1,531 1,700 350 2 20 14 2 12 10 2 881 00 00 36 00 25 80 00 25 36 00 75 00 71 $39,113 48 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 1,917; shares issued during the year, 481; shares, withdrawn during the year, 73; shares in force, 2,325. Borrowing members, 22, holding 355 shares; non-borrowing members, 282, holding 1,970 shares. Female shareholders, 180, holding 1,232 shares. Total dividends credited members during the year on instalment shares, $1,101.35; rate 4 per cent. Total dividends forfeited by withdrawing members during the year, $89.96. No unpaid withdrawals. Amount of shares matured during the year, $1,700. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $397.80. Unpaid, none. , Premium plan, gross. Interest paid by borrowing members, 12 cents per week per share. No premium charged. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $2,000. Mortgages in force in New York State, $25,100. No foreclosures during the year. CLINTON MUTUAL SAVINGS AND LOAN ASSOCIATION. No. 379 William street, Buffalo, N. Y. [Organized under Law o f 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. A ttorn eys.................- Commenced business 1878.] Names. ^ FREDERICK GPAMLICH. .*.......... CHARLES KLING .......................... CHARLES KLING .......................... STEIN & BARBER............................. Post-office addresses. 596 Clinton Street. 37 Laurel Street. 37 Laurel 'Street. 410 Brisbane Building. ASSETS. Loans on bond and m ortgage............................................................ Contracts for the sale of real estate............................................. Real estate .......................................................................................... Cash on hand and in bank................................................................ Advances for taxes, insurance, etc................................................. '. $383,888 9,785 24, 853 25,344 896 06 29 23 05 34 $444,766 97 92 R eport on S a v in g s a n d L o an A ssociations . LIABILITIES. Due shareholders, instalment shares.............................................. Dividends credited ............................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... $368,138 31,538 30, 740 14,350 25 49 09 14 $444,766 97 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members......................... Money borrowed ................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Heal estate sold..................................................................................... Fees received ....................................................................................... Interest received ................................................................................. Rent received ___ •............................................................................... Advances repaid ................................................................................... Reverted dividends ............................................................................. Received on judgment........................................................................ Sale of old safe.................-.................................................................. Real estate contracts.......................................................................... Profit on real estate............................................................................. Appraisal fees rebated........................................................................ $14,439 218,359 5,000 57, 361 6,238 1,291 22,576 1,160 266 1 , 393 30 00 00 59 23 25 37 00 56 10 2 0 00 8 00 7,117 21 615 00 46 00 $335,891 61 DISBURSEMENTS. Loaned on m ortgage.......................................................................... Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans................... Paid matured shares ........................................................................ Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid for real estate............................................................................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid repairs to real estate.............................................................. Paid taxes, insurance, etc.................................................................. Paid banking department, examination ....................................... Paid banking department, assessment .......................................... Advances for taxes, insurance, e tc.................................................... Loss on real estate............................................................................... Dues r e p a id ........................................................................................... Foreclosure costs ................................................................................. Real estate commissions.................................................................... Real estate contracts.......................................................................... Cash on hand, December 31, 1912.................................................... $73,961 177,295 8 , 433 31,517 5,000 25 4,743 3,098 387 906 966 61 32 485 413 38 152 115 2,915 25,344 35 25 82 47 00 00 52 50 17 08 11 50 26 77 23 50 03 00 00 05 $335,891 61 Plan, permanent. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 16,754; shares issued during the year, 15,481; shares withdrawn during the year, 14,560; shares in force, 17,675. Borrowing members, 180, holding 1,730 shares; non-borrowing members, 2,770, holding 15,945 shares. Female shareholders, 1,787, holding 9,212 shares. Total dividends credited members during the year on instalment shares, $15,456.83; rate 5 per cent. Total dividends forfeited by withdrawing members during the year, $1,393.10. E r ie C o u n t y . 93 No unpaid withdrawals. Amount of shares matured during the year, $31,517.47. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,485.67. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $5,500. Mortgages in force in New York State, $383,888.06. One foreclosure during the year. DEPEW CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. Depew, N. Y. [Organized under Law of 1894. Officers. P resid en t.................... Secretary ..................... Treasurer .................... Attorney ...................... J. H. J. S. Commenced business 1895.] Names. Post-office addresses. FRED PETTYS..................................... Depew, N. Y. A. SHORT.............................................. Depew, N. Y. O. GOULD.............................................. Depew, N. Y. JAY OHART........................................... Depew, N. Y. ASSETS. Loans on bond and mortgage ........................................................ Real estate ........................................................................................... Cash on hand and in bank................................................................ $30, 900 00 1» 113 26 35,268 96 $67,282 22 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. $59,718 5, 594 1,127 841 08 46 85 83 $67,282 22 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real estate.. Pees r e ce iv e d ............................................... ........................................ Interest r e ce iv e d .................................................................................. Rent received ...................................................................................... $20,305 43,429 11,600 22: 3, 026 28 72 38 00 25 26 00 $78,411 61 DISBURSEMENTS. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or applied on loans. . Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk-hire ........................................... ! .............. Paid advertising, printing and p o s ta g e ......................................... Paid repairs to real estate .............................................................. Paid taxes, insurance, etc................................................................... Paid banking department, examination ..................................... Paid banking department, assessm ent........................................... Com m issions.......................................................................................... S ta tion ery .............................................................................................. Cash on hand December 31, 1912.................................................... $ 10 , 700 29,396 2 , 393 415 9 33 70 24 4 00 87 50 00 00 40 33 75 05 88 00 7 75 35,268 96 $78,411 61 94 R eport on S av in g s a n d L oan A ssociations . Plan, permanent. Par value of shares, $100. Instalments are 16% cents and 25 cents weekly. Shares in force January 1, 1912, 2,057; shares issued during the year, 230; shares withdrawn during the year, 370; shares in force, 1,917. Borrowing members, 33, holding 321 shares; non-borrowing members, 189, holding 1,596 shares. Female shareholders, 13 holding 157 shares. Total dividends credited members during the year on instalment shares, $2,287.72; rate 8 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year $519.75. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 8 cents per share per week. Premium paid by borrowing members, 2 per cent. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $2,500. Mortgages in force in New York State, $30,900. No foreclosures during the year. EAST SIDE SERIAL SAVINGS AND LOAN ASSOCIATION. No. 344 East Genesee street, Buffalo, N. Y. [Organized under Law of 1892. Commenced business 1894.] Officers. Names. P re sid e n t................. ALEXANDER FRANKE ........... Secretary .................. FRED W. MOELICH.................. Treasurer ................. WILLIAM G E R B E R .................... A tto rn e y s.............STEIN & BARBER................................ Post-office addresses. 553 Sherman Street. 284 Cherry Street. 115 East Genesee Street. 410 Brisbane Bldg. ASSETS. Loans on bond and mortgage............................................................ Loans on shares ................................................................................... Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ $30, 955 890 2,907 135 00 00 20 45 $34,887 65 LIABILITIES. Due shareholders, instalment shares................................................ Dividends cre d ite d ............................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............... Unearned or rebatable premium........................................................ $31,058 2, 531 704 525 . 66 75 99 91 12 88 $34,887 65 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................ Mortgages redeemed, foi^closed or transferred to real estate.. Loans on shares repaid........................................................................ Fees r e ce iv e d ......................................................................................... Interest received ................................................................................... Advances repaid ................................................................................... $3,236 56 26,388 00 950 00 1,711 00 118 25 1> 944 16 169 51 $34,457 48 DISBURSEMENTS. Loaned on mortgage ----- %.................................................................. Loaned on shares...................................................... ........................ Instalment dues repaid on withdrawal, or applied on lo a n s .. . $3,930 00 1,221 00 24,891 00 E r ie C o u n t y . Dividends paid on withdrawal, or applied to loans.................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid taxes, insurance,- etc................................................................... Paid banking department, examination ....................................... Paid banking department, assessm ent............................ Advances for taxes, insurance, etc................................................. Cash on hand, December 31, 1912................................................... 95 $858 439 67 55 2 21 2 61 2,907 84 21 97 23 00 00 48 55 20 $34,457 48 Plan permanent. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 1,986; shares issued during the year, 473; shares withdrawn during the year, 307; shares in force, 2,152. Bor rowing members, 20, holding 221 shares; non-borrowing members, 316, hold ing 1,931 shares. Female shareholders, 170, holding 910 shares. Total divi dends credited members during the year on instalment shares, $1,031.89; rate 4 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $564.41. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent, on mortgage loans; 5 per cent, to 6 per cent, on straight loans. Premium paid by borrowing members, $5 per share. Loans have been made in Erie county, New York State. Largest mortgage .loan outstanding, $3,510. Mortgages in force in New York State, $30,955. No foreclosures during the year. ELLICOTT PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 17 East Genesee street, Buffalo, N. Y. [Organized Officers. P resid en t................. Secretary ................... Treasurer ................. Attorney ................... under Law of 1851. Commenced business 1889.] Names. Post-office addresses. PHILIP GOETZMANN.................. 17 East Genesee Street. HENRY F. HOLTZ, J r .................. 33 East Eagle Street. EDWARD D. REED........................ German-American Bank. WILLIAM G. KILHOFFER......... 308 Brisbane Bldg. ASSETS. Loans on bond and mortgage.............................................................. Stocks and bonds.................................................................................. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ $44,840 1,760 8,168 190 00 00 28 00 $54, 958 28 LIABILITIES. Due shareholders, instalment shares............................................... Dividends c re d ite d ....................................... 1.............................. .. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. $46,419 5, 450 1, 902 1, 186 20 10 98 00 $54,958 28 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members........................... $6,513 08 49, 069 99 96 R eport on S a v in g s a n d L oan A ssociations . Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ......................................................................................... Interest re ce iv e d .................................................................................. $12,352 50 150 50 2,951 28 $71,037 35 DISBURSEMENTS. Loaned on mortgage............................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid banking department, examination......................................... Paid banking department, assessment............................................. State League dues................................................................................. Cash on hand December 31, 1912........................................................ $11,500 49, 143 1,459 583 62 91 19 4 5 8,168 00 46 78 00 78 25 68 12 00 28 $71,037 35 Plan, permanent. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 3,633; shares issued during the year, 602; shares withdrawn during the year, 406; shares in force, 3,829. Borrowing members, 41, holding 365 shares; non-borrowing members, 368, holding 3,464 shares. Female shareholders, 141, holding 876 shares. Total dividends cred ited members during the year on instalment shares, $1,917.70; rate 4% per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $742.03. Unpaid, none. No premium plan. In terest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $2,500. Mortgages in force in New York State, $44,840. No foreclosures during the year. ELM PERMANENT LOAN ASSOCIATION. No. 357 Broadway, Buffalo, N. Y. [Organized unddr Law of 1851. Officers. P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1879.] Names. PETER WTEGAND.......................... GEORGE H. W AH L......................... JOHN SATTLER.............................. AUGUST B E C K E R .......................... Post-office addresses. 419 Adam Street. 357 Broadway. 990 Genesee Street. 414 Mutual Life Bldg. ASSETS. Loans on bond and m ortgage..................................... Loans on shares............................................................ Contracts for the sale of real estate/..................... Real e s t a t e .................................................................... Cash on hand and in bank....................................... Furniture and fixtures............................................... Interest, premium, fees and fines due and unpaid Advances for taxes, insurance, e t c . . . ’..................... $2,150 701 11,213 24,939 213 125 895 171 00 91 00 18 62 00 23 77 $40,409 71 E r ie C o u n t y . 97 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Prior mortgages .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. Accrued interest .................................................................................. $15,545 2, 301 18, 760 3. 358 123 320 75 10 06 27 61 92 $40,409 71 RECEIPTS. “Cash on hand January 1, 1 9 1 2 ........................................................ Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Loans on shares repaid............ _....................................................... Real estate sold.................................................................................... Lines received ......................................................................... Interest received ................................................................................ Premium received ................................................................................ Rent received ............................................. ......................................... Advances r e p a id ............................................................................. Loss on real estate.............................................................................. Individual account .............................................................................. $937 882 3,000 169 50 25 646 215 1, 552 193 292 49 55 07 00 09 00 00 19 39 00 86 08 45 $8,012 68 DISBURSEMENTS. Instalment dues repaid on withdrawal, or applied on loa n s.. .. Raid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ R aid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Raid r e n t ................................................................................................ Paid repairs to real estate............ ; ................................................. Paid taxes, insurance, e tc .................................................................... Paid banking department, examination......................................... Paid banking department, assessment........................................... Loss on real estate........ ....................................................................... Sundry expense ........................................... Individual account .............................................................................. ■Cash on hand December 31, 1912...................................................... $1,229 3,900 1,097 160 9 27 437 533 26 3 292 33 49 213 79 00 45 00 35 00 68 59 50 17 08 00 45 62 $ 8,012 68 Plan, permanent. Par value of shares, $100. Instalments are 25 cents, 50 cents, 75 cents and $1 monthly. Shares in force January 1, 1912, 1,937.4; shares issued during the year, none; shares withdrawn during the year, none; shares in force, 1,937.4. Bor rowing members, 8, holding 76.32 shares; non-borrowing members, 93, holding. 1,861.08 shares. Female shareholders, 16, holding 108.9 shares. Amount of filed and unpaid withdrawals December 31, 1912, $6,526.34. Entrance or membership fee, $1. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $229.35. Unpaid, none. Premium plan, premium-interest. Interest- paid by borrowing members, 45 per cent. Premium paid by borrowing members, 2 per cent. Loans have been made in Erie county, New Lork State. Largest mortgage loan outstanding, $1,150. Mortgages in force in New York State, $2,150. No foreclosures during the year. 4 98 R eport on S a y in g s a n d L o an A ssociations . ERIE SAVINGS AND LOAN ASSOCIATION. No. 39 Erie street, Buffalo, N. Y. [Organized under Law o f 1851. Officers. P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1884.] Names. Post-office addresses. WILLIAM A. JOYCE......................................... 39 ErieStreet. W. H. HELFER................................................... 39 Erie Street. W. H. D. BARR................................................... 39 Erie Street. JOHN M. H ULL.................................................. 39 Erie Street. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares..................................................................................... Contracts for the sale of real estate................................................ Beal estate ........................................................................................... Cash on hand and in bank................................. .............................. Furniture and fixtures........................................................................ $648,090 15,265 7,652 64, 884 12,461 570 34 76 88 87 66 00 $748,925 51 LIABILITIES. Due shareholders, instalment shares............................................. Due shareholders, savings shares.................................................... Dividends c r e d ite d ............................................................................... Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............ $374,229 283,525 52,187 15, 000 1, 408 22,575 00 75 19 00 57 00 $748,925 51 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members.............................. Dues on savings sh a r e s ...................................................................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real esta te.. Loans on shares repaid........................................................................ Fines re ce iv e d ....................................................................................... Interest receiv ed ......................... ......................................................... Rent receiv ed ......................................................................................... Real estate contracts............................................................................. $29,821 154,738 212, 656 40, 000 130, 830 75,437 3 42, 360 3, 990 6,173 65 25 39 00 53 00 78 56 00 26 $696,011 42 DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on loans. . . Paid savings sh a re s............................................................................. Dividends paid on withdrawal, or applied on loans..................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent . . . . . . ....................... ...................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... Officers’ bonds ....................................................................................... $201, 212 68, 685 146,945 172, 934 17, 200 63, 000 1, 067 3,531 L 233 L 000 2,151 L 318 76 53 64 50 26 25 OO 35 00 53 OO 62 00 21 ^2 25 84 00 E r ie C o u n t y . 99 Land contracts .................................................................................... Mortgage t a x e s .................................................................................... Telephone ............................................................................................... Sundries.................................................................................................. A pp ra isa ls.............................................................................................. Furniture .............................................................................................. Cash on hand December 31, 1912..................................................... $817 989 36 110 502 60d 12,461 33 50 00 24 00 56 66 $696,011 42 Plan, permanent and serial. Par value of shares, $100 and $130. Instal ments are 25 cents weekly. Shares in force January 1, 1912, 34,710; shares issued during the year, 18,746; shares withdrawn during the year, 11,565; shares in force, 41,891. Borrowing members, 558, holding 18,873 shares; non-borrowing members, 4,617, holding 23,018 shares. No record of female shareholders. Total divi dends credited to members during the year on instalment shares, $20,368.65; rate, 5% per cent. Total dividends credited or paid in cash to members dur ing the year on other shares, $9,936.09'; rate, 4 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $6,496.86. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members of 1 per cent. Loans have been made in Cattaraugus and Erie counties, New York State. Largest mortgage loan outstanding, $8,000. Mortgages in force in New York State, $648,000.34. No foreclosures during the year. y2 FREEHOLD SAVINGS AND LOAN ASSOCIATION. No. 809 Main street, Buffalo, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1891.1 Names. FRANK P. PERSON............................ JOHN A. KESSEL.............................. CHARLES J. F IX ................................ GODFREY M. FROHE....................... Post-office addresses. 390 Elm Street. 515 Washington Street. 808 Main Street. 476 Ellicott Square. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares.................................................................................... Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Advances for taxes, insurance, etc................................................... $102,270 275 21, 376 312 219 00 00 05 20 46 $124,452 71 LIABILITIES. Due shareholders, instalment .shares............................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium....................................................... $100,997 12, 462 9, 204' 1,493 295 72 67 21 11 00 $124,452 71 100 R eport on S a v in g s a n d L o an A ssociations . r e c e ip t s . Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members....................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Real estate sold..................................................................................... Fees received ......................................................................................... Interest received ................................................................................. Advances r e p a id .......................... Payment on account of loss through defalcation......................... Profit and loss....................................................................................... $20,147 71,307 12, 145 425 63 86 52 00 997 77 192 75 6 ,5 5 7 92 142 81 300 00 271 00 $112,488 26 DISBURSEMENTS. Loaned on mortgage..............................................! ............................ Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on loa n s.. .. Dividends paid on withdrawal, or applied on loans..................... Paid matured shares............................................................................ Paid salaries and clerk-hire......................................... ; .................. Paid advertising, printing and postage.................... Paid rent ............................................................................................... Paid repairs to real estate......................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination............................ Paid banking department, assessment............................................ Officers’ b o n d s ................ Telephone .......................................................................................... Profit and loss....................................................................................... Examining committee ........................................................................ Burglary and office insurance............................................................ Real estate committee.......................................................................... Attorney fees .. . ; ................................................................................. Sundry ex p en se..................................................................................... Cash on hand December 31, 1912...................................................... $25,081 52 700 00 57, 866 71 1,345 70 3, 510 00 1,052 00 129 40 435 00 34 10 151 91 24 90 8 46 42 50 35 00 3 00 42 00 1315 49 40 52 00 535 46 21,376 05 $112,488 26 Plan, permanent. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 5,521; shares issued during the year, 793; shares withdrawn during the year, 403; shares in force, 5,911. Borrowing members, 21, holding 218 shares; non-borrowing members, 607, holding 5,693 shares. Female shareholders, 332, holding 2,068 shares. Total dividends credited members during the year on instalment shares, $3,974.21; rate, 4% per cent. Total dividends forfeited by withdrawing members during the year, $1,891.01. No unpaid withdrawals. Amount of shares matured during the year, $3,510. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $2,333.91. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, $10 per share. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $10,500. Mortgages in force in New York State, $102,270. N o foreclosures during the year. E r ie C o u n t y 101 GERMAN CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 568 Genesee street, Buffalo, N. Y. [Organized under Law of 1894. Attorney ................... Commenced business 1898 ] L. P. HANCOCK....................... Mutual Life Ins. Bldg. ASSETS. Loans on bonds and mortgage.............. ............................................. Loans on shares.................................................................................... Real e s t a t e ............................................................................................ Cash on hand and in bank..................................................... Furniture and fixtures ...................................................................... Advances for taxes, insurance, etc................................................... $29, 040 1,080 583 2,270 146 262 00 00 87 95 50 38 $33,383 70 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Earnings undivided ........................... ................................................. Contingent fund (as per section 225 of Banking L a w ).......... $29,414 3, 289 269 410 40 37 93 00 $33,383 70 RECEIPTS. Cash on hand January 1,1912........................................................ Dues on instalment sharescredited to members............................. Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares r e p a id ...................................................................... Fees received ........................................................................................ Interest receiv ed .................................................................................. Premiums received .................. Advances repaid .................................................................................. Reverted dividends .............................................................................. Gash over ............................................ In d iv id u als............................................................................................. $568 29,683 1, 200 4,010 1, 837 23 1,999 128 59 8 5 1. 004 71 67 00 00 03 45 13 47 81 00 62 34 $40,528 23 DISBURSEMENTS. Loaned on m ortg a g e............................................................................ Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or applied on lo a n s .. .. Dividends paid on withdrawal, or applied on loans.................. Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid for real estate ............................................................................ Paid salaries and clerk h ire................................................................ Paid advertising, printing and p o s ta g e ..'.................................... Paid rent ............................................................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination........................................ Paid banking department, assessment .. .'..................................... Officers’ bonds ...................................................................................... $2, 010 900 281, 134 488 4, 400 206 3 665 37 62 175 76 2 13 00 00 73 31 00 85 62 53 70 00 14 00 63 00 102 R eport on S a v in g s a n d L oan A ssociations . Legal expense......................................................................................... Com missions........................................................................................... Sundry expenses ................................................................................... Cash short ............................................................................................. In dividu als............................................................................................. Cash on hand, December 31, 1912...................: ............................... $40 00 13 04 23 47 92 1, 004 34 2,270 95 $40,528 23 Plan, permanent. Par value of shares, $50 and $130. Instalments are 10 cents and 25 cents weekly. Shares in force January 1, 1912, 2,575; shares issued during the year, 730; shares withdrawn during the year, 602; shares in force, 2,703. Borrowing members, 26, holding 224 shares; non-borrowing members, 443, holding 2,479shares. Female shareholders, 182, holding 872 shares. Total dividends credited members during the year on instalment shares, $1,021.02; rate 3 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per mem ber. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year. $814.74. Unpaid, none. Premium plan, instalments. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 1 per cent. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $2,080. Mortgages in force in New York State, $29,040. No foreclosures during the year. y2 GOODELL PERMANENT LOAN ASSOCIATION. No. 109 Goodell street, Buffalo, N. Y. [Organized under Law o f 1851. Officers P re sid e n t................. Secretary ................. Treasurer ................ Attorney ................... Commenced business 1888.] Names. J. HENRY WALLENHORST......... JOHN R. SCH W EIGERT.. .; ......... WILLIAM C. GERLACH................ CHARLES J. DECKOP................... Post-office addresses 82 Goodell Street. 34 Holland Place. 207 Goodell Street. 328 Brisbane Bldg. ASSETS. Loans on bonds and mortgage............................................................ Real estate ........................................................................................... Cash on hand and in b a n k ................................................................ Interest, premium, fees and fines due and unpaid $57, 685 00 2, 700 00 2, 606 79 §286 14 $62,991 79 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ............................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).............. Unearned or rebatable premium ...................................................... $53,897 6, 665 429 1, 650 350 25 27 27 00 00 $62,991 79 RECEIPTS. Cash in hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. $2, 249 35 34.604 75 2,140 00 E r ie C o u n t y . 103 Fees received ........................................................................................ Interest r eceiv ed .................................................................................. Premium received .............................................................................. Rent r eceiv ed ........................................................................................ F orfeitu res............................................................................................. $118 3, 096 120 20 1 00 25 00 00 00 $42,349 35 DISBURSEMENTS. Loaned on m ortg a g e............................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk hire ............................................................ Paid advertising, printing and postage........................................... Paid rent ................................................................... Paid repairs to real estate...................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment............................................. Officers’ bonds ...................................................................................... Appraisal committee .......................................................................... Legal services .................. Office fixtures and r e p a ir s .................................................................. Cash on hand December 31, 1912..................................................... $3, 420 00 32,911 25 2,455 78 .748 00 7 96 78 00 12 51 53 60 19 25 4 66 12 00 3 00 5 00 11 55 2,606 79 $42,349 35 Plan, permanent. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 2,391; shares issued during the year, 464; shares withdrawn during the year, 22; shares in force, 2,833. Borrowing members, 40, holding 223 shares; non-borrowing members, 369, holding 2,610 shares. Female shareholders, 240, holding 1,379 shares. Total dividends credited members during the year on instalment shares, $2,587.96; rate 4 per cent, to 5 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share, Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $860.51. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, $5 per share. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $5,500. Mortgages in force in New York State, $57,685. No foreclosures during the year. HAMBURGH SAVINGS AND LOAN ASSOCIATION. Main street, Hamburgh, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1890.] Names. NEWTON C. FISH ................... GEORGE J. BRENDEL........... OTHO CHURCHILL............... FRANK C. BRENDEL............. Post-office addresses. Hamburgh, N. Y. Hamburgh, N. Y. Hamburgh, N. Y. 528 Brisbane Bldg., Buffalo, N. Y. ASSETS Loans on bond and m ortgage....................... Loans on shares............................................... Contracts for the sale of real estate........ $51,993 43 2,664 00 1,170 00 $55,827 43 104 R eport ox S a v in g s a n d L oan A ssociations . LIABILITIES. Due shareholders, instalment shares.............................................. Dividends credited ............................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... Unearned or rebatable premium...................................................... Bank overdraft ................................................................................... $44,999 7,216 400 974 350 1,886 75 80 76 11 00 01 $55,827 43 RECEIPTS. Cash on hand January 1, 1912............ ........................................... Dues cm instalment shares credited to members......................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Heal estate sold........ ' ......................................................................... Fees received ....................................................................................... Fines received ................................................................................... Interest received ................................................................................. Premium received ..................................................; .......................... Rent received ........ .‘ ............................................................................ Received on contract........................................................................... Bank o v e r d r a ft..................................................................................... $2,419 18,042 3,000 14,675 4,201 2,012 78 15 3, 317 220 5 30 1,886 10 25 00 00 00 85 50 05 76 00 00 00 01 $49,902 52 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on loans.. . Dividends paid on withdrawal, or applied on loans.................. Paid matured shares ........................................................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages............ Paid for real estate .......................................................................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage .................... Paid r e n t ............................................................................................... Paid banking department, examination................... ...................... Paid banking department, assessment........................................... Attorney f e e s ........................................................................................ Committee expenses .......................................................................... In cid en ta ls............................................................................................. Contract account ................................................................................. $6,500 1,675 12,443 829 14,913 10,000 246 1,375 254 15 85 19 5 335 5 00 00 00 47 10 00 76 OO. 00 OO 00 00 14 50 80 75 1,200 00 $49,902 52 Plan, serial. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 1,421; shares issued during the year, 562; shares withdrawn during the year, 596; shares in force, 1,387. Borrowing members, 26, holding 256 shares; non-borrowing members, 219, holding 1,131 shares. Female shareholders, 48, holding 377 shares. Total dividends cred ited members during the year on instalment shares, $2,986.20; rate, 6^> per cent. Total dividends forfeited by withdrawing members during the vear, $1,297.45. X o unpaid withdrawals. Amount of shares matured during the year, $11,897.50. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $360.55. .Unpaid, none. 105 E r ie C o u n t y . Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, $5 per share. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $6,000. Mortgages in force in New York State, $51,993.43. Two foreclosures during the year. HERCULES PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 217 Cherry street, Buffalo, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1885.] Names. Post-office addressea ALIOS REGER........................................... 76 Rose Street. WILLIAM C. CRAMER............................ 24 Locust Street. GEORGE S P IN D L E R .............................. 217 Cherry Street. JACOB STEIN ......................................... Mooney Bldg. ASSETS. Loans on bond and mortgage .......................................................... Cash on hand and in b a n k ................................................................ Furniture and fixtures ...................................................................... $1,560 00 2,713 07 50 00 $4,323 07 LIABILITIES. Due shareholders, instalment shares............................................. Dividends credited ............................................................................ Contingent fund (as per section 225 of Banking L a w )............. $4,099 75 136 27 87 05 $4,323 07 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ........................................................................................ Interest received ................................................................................. $916 11,855 4,810 89 177 86 52 00 33 99 $17,849 70 DISBURSEMENTS. Instalment dues repaid on withdrawal, or appliedon loa n s.. . . Dividends paid on withdrawal, or applied on loans.................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid banking department, exam ination ...................................... Paid banking department, assessm ent.......................................... Officers’ b o n d s ...................................................................................... Cash on hand, December 31, 1912................................................... $14,899 67 149 1 12 25 38 10 80 55 55 6 00 2,713 07 $17,849 70 Plan, permanent. Par value of shares, $130. Instalments are 25 centa weekly. Shares in force January 1, 1912, 743; shares issued during the year, 62; shares withdrawn during the year, 120; shares in force, 685. Borrowing members, 2, holding 23 shares; non-borrowing members, 72, holding 662 shares. Female shareholders, 28, holding 198 shares. Total dividends cred* 1106 R eport on S a v in g s a n d L o an A ssociations . y2 ited members during the year on instalment shares, $103.24; rate, 3 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined- in section 227 of the Banking Law, incurred: and paid during the year, $156.90. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $910. Mortgages in force in New York State, $1,560. N o foreclosures during the year. HOMESTEAD SAVINGS AND LOAN ASSOCIATION. No. 360 Pearl street, Buffalo, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1884.] Names. Post-office addresses. GEORGE T R O U P ............................................. Buffalo, N. Y. CHARLES H. RODGERS................................ Buffalo, N. Y. CHARLES E. MOREY..................................... Buffalo, N. Y. FRED GREINER ............................................. Buffalo, N. Y. ASSETS. Loans on bond and m ortgage............................................................ Loans on sh ares.................................................................................... Contracts for the sale of real estate............................................... Real e s t a t e ............................................................................................. Cash on hand and in bank.................................................................. Fruniture and fix tu re s........................................................................ Advances for taxes, insurance, etc.................................................... $714,080 29, 980 3,800 27, 140 25, 364 1, 508 316 Off 00 Off 61 14 65 98 $802,190 38 LIABILITIES. Due shareholders, instalment shares .............................................. Due shareholders, income shares .................................................... Balance to be paid borrowers on mortgage loa n s.. ..................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............... Unearned or rebatable premium........................................................ Income share dividends .................................................................... Suspended dues ..................................................................................... Contingent dividends ........................................................................ . . ■ $705, 264 23, 100 7, 400 7,265 37, 000 6,668 600 248 14, 643 17 Off Off 60 Off 75 Off 21 65 $802,190 38 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid......................................................................... Real estate sold ................................................................................... Fees received ......................................................................................... Interest received ................................................................................... Premium received ................................................................................. Rent re ceiv ed ......................................................................................... Advances repaid ................................................................................... Individual accounts ............................................................................. Land contracts ..................................................................................... Suspended dues ..................................................................................... $140,477 68 284,658 70 3, 500 00 75,955 00 111,540 00 4, 562 64 1, 126 50 39,848 21 4, 616 Off 530 Off 13 12 5, 569 58 7, 946 Off 241 2ff $680,584 63 E r ie C o u n t y . 107 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or applied on lo a n s .. .. Paid income shares.............................................................................. Cash dividends paid on income and accumulative prepaid shares Paid matured shares .......................................................................... Paid for real estate............................................................................ Paid salaries and clerk-liire................................................................ Paid advertising, printing and postage........................................... Raid r e n t ................................................................................................ Paid taxes, insurance, etc.......................................................... . . . Paid banking department, examination........................................... Paid banking department, assessment............................................. Sundry expense ..................................... ' . ............................................ Individual accounts ............................................................................ Suspended dues ................................................................. *............ •.. Contingent dividends .......................................................................... Mortgage taxes .................................................................................. Registry fees ........................................................................................ Premium rebated ............................................................................ Furniture and fixtures ...................................................................... Interest rebated .................................................................................... Cash on hand, December 31, 1912................................................... $233. 830 00 120.487 00 171. 288 67 2.100 00 763 00 77, 613 43 27,570 61 4, 308 00 468 05 812 34 376 87 74 50 55 12 1.423 43 5, 661 34 231 78 5, 860 50 652 50 1 00 61 50 1, 508 65 43 20 25.364 14 $680,584 63 Plan, permanent. Par value of shares, $100 and $50. Instalments are 10 cents and 20 cents weekly, monthly and quarterly. Shares in force January 1. 1912, 44,699; shares issued during the year, 8,543; shares withdrawn during the year, 9,410; shares in force, 43,832. Borrowing members, 377, holding 8,166 shares; non-borrowing members 2,495, holding 35,666 shares. Female shareholders, 1,553, holding 20,645 shares. Total dividends credited members during the year on instalment shares, $30,250.23; rate 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $763; rate 4 per cent. No unpaid withdrawals. Amount of shares matured during the year, $77,613.43. Entrance or membership fee, 20 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $6,998.70. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent, and 6 per cent. Premium paid by borrowing members, $4 per share. Loans have been made in Erie and Genesee counties, Xew York State. Largest mortgage loan outstanding, $10,200. Mortgages in force in Xew York State, $714,080. X o foreclosures during the year. HYDRAULIC MUTUAL SAVINGS AND LOAN ASSOCIATION. X o. 780 Seneca street, Buffalo, X . Y. [Organized under Law of 1851. Officers. President................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1881.] Names. EDWARD A S T ..................................... JULIEN A. RIESTER...................... EUGENE J. RIESTER...................... HENRY J. ROSCHE.......................... Post-office addresses. 210 Baitz Avenue. 230East Ferrv Street. 1583Niagara Street. 287East North Street. ASSETS. Loans on bond and m ortgage............................................................ Heal e s t a t e ............................................................................................. $72,045 50 13, 303 08 108 R eport on S a v in g s a n d L o an A ssociations . Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ $20,917 41 75 00 $106,340 99 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ............................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ). . . . . . . Unearned or rebatable premium........................................................ $89,555 5, 056 8, 385 1, 372 1,971 52 05 57 18 67 $106,340 99 RECEIPTS. Cash on hand January 1, 1912.................•........................................ Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ......................................................................................... Fines received ....................................................................................... Interest received ................................................................................. Premium r eceiv ed ................................................................................. Rent re ce iv e d ......................................................................................... Profit and loss.......................... : v- ■' ■ $18,210 36, 558 11,020 298 14 4, 647 630 1,474 13 : 58 50 50 37 34 86 00 25 93 $72,868 33 DISBURSEMENTS. Loaned on mortgage..................................................... ....................... Instalment dues repaid on withdrawal, or applied on loa n s.. .. Paid matured shares ........................................................................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage....................................... Paid r e n t ................................................................................................ Paid repairs to real estate................................................................ Paid taxes, insurance, e t c .................................................................... Paid banking department, exam ination ......................................... Paid banking department, assessm ent...................................' . . . . Officers’ bonds ....................................................................................... Collection of rents................................................................................. County clerk certificate...................................................................... Premium rebated ................................................. Cash on hand, December 31, 1912...................................................... $6,930 26, 834 16,078 692 48 522 516 19 8 20 147 132 20, 917 00 29 68 95 20 00 34 47 25 24 00 42 25 83 41, $72,868 33 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 3,011; shares issued during the year, 1,178; shares withdrawn during the year, 1,362; shares in force, 2,827. Bor rowing members. 51, holding 620 shares; non-borrowing members, 420, holding 2,207 shares. Female shareholders, 225, holding 1,104 shares. Total divi dends credited members during the year on instalment shares, $5,056.05; rate, 6 per cent. No unpaid withdrawals. Amount of shares matured during the year, $16,078.68. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid during the year, $908.57. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 12% cents per share per week. Premium paid by borrowing members, $10 per share. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $3,307 50. Mortgages in force in New York State, $72,045.50. No foreclosures during the year. 109 E r ie C o e x t y , INDUSTRY PERMANENT DIME SAVINGS AND LOAN ASSOCIATION. No. 173 Peckham street, Buffalo, N. Y. [Organized under Law of 1851. Officers P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1891.] Names. CHARLES E. THIESFELD............... P. J. P. ROSENKRANZ...................... WILLIAM B R U E C K ............................ THEODORE STEEG .......................... Post-office addresses. 147 Peckham Street. 18 Sweeney Street. 74 Grey Street. 571 William Street. ASSETS. Loans on bonds and m ortg a g e........................................................... Real e s t a t e ............................................................................................ Cash on hand and in b a n k ................................................................ $21,100 00 1,189 14 5, 765 94 $28,055 08 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............. Unearned or rebatable premium...................................................... $22, 236 2, 497 1,228 1,193 900 25 12 43 28 00 $28,055 08 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ...................................................................................... Fines received .................................................................................... Interest received ................................................................................ Premium received .............................................................................. $10,708 14,215 2, 500 151 2 1,311 900 11 52 00 95 00 46 00 $29,789 04 DISBURSEMENTS. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans.................. Paid salaries and clerk-hire......................................... .................. .. Paid rent ................................................................................ .............. Paid taxes, insurance, etc................................................................... Paid banking department, exam ination ........................................ Paid banking department, assessm ent.......................................... Recording, etc........................................................................................ Cash on hand, December 31, 1912................................................... $9,000 00 13,833 01 701 55 424 50 10 00 28 69 20 90 201 2 44 5,765 94 $29,789 04 Plan, permanent. Par value of shares, $1Q0. Instalments are 10 cents weekly. Shares in force January 1, 1912, 2,157; shares issued during the year, 2,240; shares withdrawn during the year, 2,074; shares in force, 2,323. Bor rowing members, 11, holding 237 shares; non-borrowing members, 162, holding 2,086 shares. Female shareholders, 67, holding 840 shares. Total dividends credited members during the year on instalment shares, $953.54; rate, 4 per cent. 110 R eport on S av in g s a n d L oan A ssociations . No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $436.94. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 10 cents per share per week. Premium paid by borrowing members, $10 per share. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $5,400. Mortgages in force in New York State, $21,100. No foreclosures during the year. IRISH-AMERICAN SAYINGS AND LOAN ASSOCIATION. No. 138 Pearl street, Buffalo, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. A ttorn eys................... Commenced business 1884.] Names. Post-office addresses. WILLIAM J. FORSYTH................................... Buffalo, N. Y. JOSEPH W. DOOLEY...................................... Buffalo, N. Y. JAMES HANRAHAN......................................... Buffalo, N. Y. CRANGLE & COCHRANE................................ Buffalo, N. Y. ASSETS. Loans on bond and mortgage .......................................................... $1,486,444 84 Loans on sh a res................................................................................... 49,301 65 Cash on hand and in bank................................................................ 106,587 30 Instalments due and unpaid.......................................... Interest, premium, fees and fines due and unpaid. $445 75 225 45 $1,642,333 79 LIABILITIES. Due shareholders, instalment shares .............................................. $1,194,096 50 Due shareholders, savings shares.................................................... 222,793 82 Dividends credited ............................................................................... 135,236 80 Earnings undivided ............................................................................. 8,326 67 Contingent fund (as per section 225 of Banking L a w )............... 80,000 00 Unearned or rebatable premium...................................................... 1,880 00 $1,642,333 79 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members....................... Dues on savings shares .................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fees re ce iv e d .....................„ ................................................................. Fines received ....................................................................................... Interest received ................................................................................. Advances repaid ................................................................................... $108,184 91 526, 664 50 118,749 03 139,900 07 29,615 75 3,094 75 38 98 87,532 17 70 60 $1,013,850 76 DISBURSEMENTS. Loaned on m ortg a g e........................................................................... Loaned on sh a res................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Paid savings shares ............................................................................. Dividends paid on withdrawal, orapplied on loans...................... Paid matured shares .......................................................................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing andpostage.......................................... $362,140 36,346 276, 945 56,588 20,558 141,157 7,689 1,289 00 15 25 18 15 75 21 81 E r ie C o u n t y . I l l Paid rent ................................................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, exam ination ........................................ Paid banking department, assessm ent....................... In cid en ta ls............................................................................................. A u d it in g ................................................................................................ A p p ra isa ls............................................................................................. ■Cash on hand, December 31, 1912.................................................... $1,800 70 153 107 462 126 1,828 106,587 00 60 90 25 83 00 38 30 $1,013,850 76 Plan, serial. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 51,125; shares issued during the year, 19,714; shares withdrawn during the year, 9,589; shares in force, 61,250. Borrowing members, 610, holding 6,700 shares; non-borrowing members, 4,490, holding 54,550 shares. Female shareholders, 2,245, holding 27,275 shares. Total dividends credited members during the year on instalment shares, $62,296.55; rate 4 per cent, to 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $7,466.91; rate, 4 per cent. Total dividends forfeited by withdrawing members during the year, $2,136.36. No unpaid withdrawals. Amount of shares matured during the year, $141,157.75. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid •during the year, $13,196.23. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent, and <5 per cent. No premium charged. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $16,369. Mortgages in force in New York State, $1,486,444.84. One foreclosure during the year. l o v e jo y p e r m a n e n t d i m e s a v i n g s a n d l o a n a s s o c i a t i o n . No. 668 William street, Buffalo, N. Y. [Organized under Law of 1851. Officers. President..................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1891.] Names. ANTON VOLK...................................... CHARLES LOWENSTEIN................. GEORGE WIENER.............................. J. ADAM W EISS................................ Post-office addresses. 668 William Street. 1546 Fillmore Avenue. 198 Shumwav Street. 606 Mutual Life Bldg. ASSE TS. Loans on bond and mortgage ......................................................... Loans on sh a re s................................................................................... 'Cash on hand and in bank................................................................ $14,712 50 1, 467 50 4,532 10 $20,712 10 L IA B IL IT IE S . T)ue shareholders, instalment shares ............................................. Dividends credited .................................................................. ............ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... Unearned or rebatable premium ..................................................; . $17,169 1,333 668 1, 000 540 73 86 51 00 00 $20,712 10 ill 2 R eport on S a v in g s a n d L o an A ssociations . r e c e ip t s . Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate. . . Loans on shares r e p a id ...................................................................... Fees received ....................................................................................... Fines received ..................................................................................... Interest received ................................................................................. Premium rece iv e d ................................................................................. $4,107 27 19,610 07 6,960 00 1,129 75 166 15 8 97 1,124 75 568 38 $33% 675 34 DISBURSEMENTS. Loaned on m ortg a g e........................................................................... Loaned on sh a res................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . . Dividends paid on withdrawal,or applied on loans............... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage ................... Paid rent ............................................................................................... Paid banking department, assessm ent........................................... Officers’ bonds ....................................................................................... Appraisal fees ..................................................................................... Overpaid dues ....................................................................................... Overpaid in te r e s t.....................•.......................................................... Cash on hand, December 31, 1912...................................................... $4,500 1,375 21, 504 1,161 499 3 25 22 12 26 1 12 4,532: OO 00 65 88 75 25 00 71 00 OO 00 00 10 $33,675 34 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 2,992; shares issued during the year, 2,144; shares withdrawn during the year, 2,260; shares in force, 2,876. Borrowing members, 20, holding 490 shares; non-borrowing members, 256, holding 2,386 shares. Female shareholders, 124, holding 1,133 shares. Total dividends credited members during the year on instalment shares, $975.37; rate, 6 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per. share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $566. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, $7.50 per share. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $2,795. Mortgages in force in New York State, $14,712.50. No foreclosures during the year. NIAGARA SAVINGS AND LOAN ASSOCIATION. North Niagara street, Tonawanda, N. Y. [Organized under Law o f 1851. Officers. P re sid e n t................. Secretary .................... Treasurer ................. Attorney ................... Commenced business 1890.] Names. Post-office addresses. FRED ENG ELK IN G ................................... Tonawanda, N. Y. E. W. B E T T S .................................................. JOHN G. WALLENMEIER...................... JOHN K. PATTON----- •............................. Tonaw anda, N. Y. Tonawanda, N. Y. Tonawanda, N. Y. ASSE TS. Loans on bond and mortgage............................................................ Loans on sh ares.................................................................................... Real estate ............................................................................................. $698,487 93 6. 500 00 1,628 11 E r ie C o u n t y . 1 13 Cash on hand and in bank............................................................; . Furniture and fix tu res.................................................................... , . Advances for taxes, insurance, etc................................................. Instalments due and unpaid........................................ Interest, premium, fees and fines due and unpaid. . $7,053 82 464 50 45 47 $1,320 50 552 97 $714,179 83 LIABILITIES. Due shareholders, instalment shares................................. •............. Dividends credited .............................................................................. Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... $586, 137 84,835 2, 870 20, 337 20,000 00 15 00 68 00 $714, 179 83 RECEIPTS. Cash on hand January 1, 1912.......................................................... „ Dues on instalment shares credited to members............................. Money borrowed ..................................... , .......................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........ ............................................................. Real estate sold.................................................................................... Fees received ........................................................................................ Fines received ......................................................................... Interest received .................................................................................. Premium r eceiv ed ................................................................................ Advances repaid ........................................... '...................................... Individual accounts ............................................................................ $6 214,909 116,210 106,131 5,070 415 1, 587 354 41,808 2, 315 46 435 25 25 00 50 00 87 50 99 84 06 89 26 $489,291 41 DISBURSEMENTS. Loaned on m ortgage............................................................................ Loaned on shares................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Dividends paid in withdrawal o f applied on loans....................... Paid matured shares ............................................................................ Paid borrowed money and prior mortgages........................ Paid interest on borrowed money and prior mortgages............... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage................................ Paid r e n t ................................................................................................ Paid banking department, exam ination ......................................... Paid banking department, assessm ent........................................... Officers’ b o n d s ........................................................................................ Advances for taxes, insurance, etc.................................................... Individual accounts .............................: ............................................. Legal services ...................................................................................... Adding machine and protectorgraph............................................... Appraisal fees ...................................................................................... Cash on hand, December 31, 1912..................................................... $152,620 2, 860 77, 894 6, 409 114,140 123,750 663 1,325 108 100 80 50 17 28 464 2 549 1,173 7,053 00 00 25 50 00 00 97 00 60 00 50 24 50 97 26 60 20 00 82 $489,291 41 Plan, serial. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 15,991; shares issued during the year, 6.136; shares withdrawn during the year, 4,679; shares in force, 17,448. Borrowing members, 513, holding 5,120 shares; non-borrowing members, 1,857, 114 R eport on S a v in g s a n d L o an A ssociations . holding 12,328 shares. Female shareholders, 944, holding 6,210 shares. Total dividends credited members during the year on instalment shares, $38,993.25; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $1,524.65. jS o unpaid withdrawals. Amount of shares matured during the year, $114,140. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid during the year, $2,724.10. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 2 cents per share per week. Loans have been made in Erie and Niagara counties, New York State. Largest mortgage loan outstanding, $6,800. Mortgages in force in New York State, $698,487.93. One foreclosure during the year. PEOPLE’S DIME SAVINGS AND LOAN ASSOCIATION, No. 2 . No. 338 Genesee street, Buffalo, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1890.] Names. GEORGE J. FLIERL............................ FRED .SCHULTZ ............................... A. C. KRANICHFELD.......................... J. J. STEIN............................................. Post-office addresses. 45 Waverly Street. 166 Cherry Street. 434 Genesee Street. Brisbane Building. ASSETS. Loans on bond and m ortgage........................ Real estate .......................................................... Cash on hand and in bank............................... Furniture and fixtures..................................... $74,400 7,178 9,125 403 00 09 64 08 $91, 106 81 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ............................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............ $81,321 6, 922 1 288 1,575 20 18 43 00 $91, 106 81 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members............................ Mortgages redeemed, foreclosed or transferred to real estate.. Fees r e ce iv e d ......................................................................................... Fines received ....................................................................................... Interest r e ce iv e d ........................ Rent received ....................................................................................... $4, 354 53 60, 889 90 8, 000 00 483 00 59 06 3,567 27 403 86 $77,757 62 DISBURSEMENTS. Loaned on mortgage............................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk-hire....................... ....................................... Paid advertising, printing and postage....................................... Paid repairs to real estate................................................................ $16, 700 49, 129 1,003 1,323 74 25 00 18 82 00 55 16 E r ie C o u n t y . 115 Paid taxes, insurance, e t c . . . .......... ................................................. Paid banking department, exam ination ......................................... Paid banking department, assessm ent........................................... State League d u e s .............. Light and water .................................................................................. Appraisal committee .......................................................................... Books and sundry expenses................................................................ Cash on hand,. December 31, 1912................................................... $177 20 5 5 60 6 101 9,125 11 40 8$ 00 28 00 60 64 $77,757 62 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 9,864; shares issued during the year, 4,830; shares withdrawn during the year, 2,486; shares in force, 12,208. Borrowing members, 41, holding 744 shares; non-borrowing members, 935, holding 11,464 shares. Female shareholders, 563, holding 6,043 shares. Total dividends credited members during the year on instalment shares, $2,217.80; rate, 4 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,570.43. Unpaid, none. X o premium plan. Interest paid by borrowing members, 6 per cent. X o premium charged. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $6,500. Mortgages in force in New York State, $74,400. X o foreclosures during the year. POLISH CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 615 Fillmore avenue, Buffalo, N. Y. [Organized under Law of 1894. Commenced business 1909.] Officers. P re sid e n t................. Secretary .................. Names. ANTHONY SC H R E IB E R ................... S. S. NOWICKI..................................... Post-office addresses. 662 Fillmore Avenue. 615 Fillmore Avenue. Attorney ................... LEON J. NOWAK................................. 801 Fillmore Avenue. T re a s u re r . . . ^.......... S. L I P O W I C Z ........................................... 1203 B ro a d w a y . ASSETS. Loans on bond and mortgage.............................................................. Cash on hand and in bank.................................................................. Interest, premium, fees and fines due and unpaid....................... $53, 895 00 8, 323 36 84 24 $62,302 60 LIABILITIES. Due shareholders, instalment shares ............................................. Due shareholders, savings shares ................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as persection 225 of Banking L a w ).............. Unearned or rebatable premium........................................................ Interest advanced ................................................................................ $33, 732 25, 853 1,466 878 235 36 101 00 20 40 62 00 38 00 $62,302 60 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Dues on savings shares ............................................................... .. $4,891 18 28,454 75 34,794 52 116 R eport on S a v in g s a n d L o an A ssociations . Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ......................................................................................... Interest re ce iv e d ...................................... Premium re ceiv ed ................................................................................. $4,250 00 310 50 2,297 18 5 00 $75,003 13 DISBURSEMENTS. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or applied on loans. .. . Paid savings shares ............................................................................. Dividends paid on withdrawal, or applied on loans.......... .. . Cash dividends paid on income and accumulative prepaid shares Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid banking department, exam ination ........................................ Paid banking department, assessment ........................................... Cash on hand, December 31, 1912...................................................... $25,480 00 25, 065 50 14,251 32 611 11 520 53 370 00 254 22 100 00 24 25 2 84 8, 323 36 $75,003 13 Plan, permanent. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force, January 1, 1912, 3,755; shares issued during the year, 6,935; shares withdrawn during the year, 3,961; shares in force, 6,729. Borrowing members, 5, holding 19 shares; non-borrowing members, 517, hold ing, 6,710 shares. Female shareholders, 175, holding 1,693 shares. Total dividends credited members during the year on instalment shares, $1,132.24; rate, 4% per cent. Total dividends credited or paid in cash to members during the year on other shares, $478.54; rate, 4 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $724.22. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, $4 per share. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $3,500. Mortgages in force in New York State, $53,895. No foreclosures during the year. RICHMOND AVENUE PERMANENT DIME SAVINGS AND LOAN ASSOCIATION. No. 69 Grant street, Buffalo, N. Y. [Organized under Law of 1851. Offlceis. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1890.] Names. JOHN D E L L IN G E R ........................ CHARLES D. BIGELOW................ O. G. LAREAU................................... HARRY E. NEUSE.......................... Post-office addresses. 125 Grant Street. 790 Ellicott Sq. Bldg. 69 Grant Street. Mutual Life Bldg. ASSETS. Loans on bond and mortgage............................................................ Cash, on hand and in bank.................................................................. Furniture and fixtures ...................................................................... $235 00 28 48 85 00 $348 48 E r ie C o u n t y . 117 LIABILITIES. Due shareholders, instalment shares................................................. Contingent fund (as per section 225 of Banking L a w )............. Salaries and r e n t ................................................................................. $7 50 240 98 100 00 $348 48 RECEIPTS. Cash on hand January 1, 1912 . .............................-......................... $28 48 DISBURSEMENTS. "Cash on hand December 31, 1912.................................................... $28 48 Plan, permanent. Par value of shares, $100. Instalments are 10 cents ■weekly. Shares in force January 1, 1912, none; shares issued during the year, none; shares withdrawn during the year, none; shares in force, none. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, none. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, $4 per share on mortgage loans; $2 per share on book loans. Largest mortgage loan outstanding, $235. Mortgages in force in New Y ork State, $235. No foreclosures during the year. RIVERSIDE CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 1911 Niagara street, Buffalo, N. Y. [Organized under Law of 1894. Officers. P resident.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1895.] Names. WILLIAM B R A N D T ............... FRANK M. ROESSLER........... GEORGE D E H LIN G E R ......... JOHN S. DRUAR..................... Post-office addresses. Grace and Tonawanda Sts. 27 Farmer Street. 4 Hartmann Place. Erie Co. Sav. BankBldg. ASSETS. Xoans on bond and mortgage............................................................ Real estate .......................................................................................... ■Cash on hand and in bank.................................................................. Furniture and fixtures ...................................................................... Advances for taxes, insurance, etc................................................... Instalments due and unpaid........................................ Interest, premium, fees and fines due and unpaid. . $88,100 8,050 4,574 398 112 00 83 32 92 37 $140 00' 98 88 $101,236 44 LIABILITIES. Due shareholders, instalment s h a r e s............................................... Due shareholders, savings shares ................................................... Due shareholders, matured shares .................................................. Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $74, 650 5,526 15,200 3,000 609 2,250 92 21 00 00 31 00 $101,236 44 118 R eport on S a v in g s a n d L oan A ssociations . r e c e ip t s . Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members......................... Dues on savings s h a r e s ........................... .•......................................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ....................................................................................... Interest received ................................................................................. Premium received .............................................................. •............... Rent re ce iv e d ......................................................................................... Advances repaid ....................................................................... t.......... S u n d ries...................................................................................... *.......... $15,517 45,033 7,795 3,000 12,050 36 4,365 1,15S 242 352 7. 15 75 40 00 00 00 14 07 00 09 85 $89,557 45 DISBURSEMENTS. Loaned on m ortg a g e........................................................ , .................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Paid savings shares ............................................... Paid interest on borrowed money and prior mortgages............ Paid for real estate .......................................................................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid r e n t ............................................................................................... Paid taxes, insurance, e tc .................................................................. Paid banking department, exam in a tion ......................................... Paid banking department, assessment ......................................... Officers’ bonds ..................................................................................... Advances for taxes, insurance, etc.................................................... L ig h t s ......................................................................................... ; .......... Cartage .................................................................................................. Clearing office ....................................................................................... Water bills ........................................................................................... Appraisal committee .......................................................................... Furniture and fixtures ...................................................................... Cash on hand December 31, 1912...................................................... $34,600 35, 068 5,354 15 8,207 733 186 20 85 21 6 26 232 10 1 6 21 50 350 4,574 OO 17 59 00 20 00 85 50 63 00 20 00 56 45 00 75 S5 00 29 32 $89,557 45 Plan, permanent. Par value of shares., $100. Instalments are 1 2 ^ cents and 25 cents weekly. Shares in force January 1, 1912, 3,436; shares issued during the year, 1,627; shares withdrawn during the year, 524; shares in force, 4,539. Bor rowing members, 72, holding 885 shares; non-borrowing members, 507, holding 3,654 shares. No record of female shareholders. Total dividends credited members during the year on instalment shares, $3,845.15; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on' other shares, $137.88; rate, 4 per cent. Total dividends forfeited by withdrawing members during the year, $76.98. No unpaid withdrawals. Amount of shares matured during the year, $15,200. Operating expenses, as defined in section 227 of the Banking Law. incurred and paid during the year, $1,020.55. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5% per cent, and 6 per cent. Premium paid by borrowing members, 3 cents per share per week. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $5,300. Mortgages in force in New York State, $88,100. No foreclosures during the year. E r ie C o u n t y . 119 SECURITY SAVINGS AND LOAN ASSOCIATION. N o. 19 East Genesee street, Buffalo, N. Y . [Organized under Law of 1910. Officers. President ............... Secretary ............... Treasurer ............... Attorney ................. Commenced business 1912.] Names. FERDINAND GRIMM............. FREDERICK BENNETT......... EDWARD W. KUHN................. JOSEPH A. W E C H T E R ......... Post-office addresses. 316 Terrace Street. 11 East Utica Street. M. & T. Nat l Bank. 809 Chamber of Commerce. ASSETS. Cash on hand and in bank................................................................ Furniture and fixtures ...................................................................... $4, 965 42 25 00 $4,990 42 LIABILITIES. — ■ Due shareholders, instalment shares............................................. Earnings undivided ............................................................................ ; ■ $4,934 25 56 17 $4,990 42 RECEIPTS. =_= .. _ Dues on instalment shares credited to members............ .............. Fees received ........................................................................................ Interest received ................................................................................ $4,953 75 154 30 11 15 $5,119 20 DISBURSEMENTS. = Instalment dues repaid on withdrawal, or applied on loa n s.. . Paid advertising, printing and'postage......................................... Furniture and fixtures .................................................................... Cash on hand December 31, 1912................................................... $19 109 25 4,965 50 28 00 42 $5,119 20 Plan, serial. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, none; shares issued during the year, 1,543; shares withdrawn during the year, 22; shares in force, 1,521. # No borrowing members. Non-borrowing members, 155, holding 1,521 shares. Female share holders, 33, holding 168 shares. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $134.28. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. No premium charged. No loans outstanding. No foreclosures during the year. SYCAMORE AND JOHNSON SAVINGS AND LOAN ASSOCIATION. No. 621 Sycamore street, Buffalo, N. Y. [Organized under Law of 1851. Officers President ................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. WILLIAM GERLACH ........................ GEORGE H. GEBAUER...................... OTTO M A Y E R ...................................... WM. O. WEIMAR................................... Post-office addresses 159 Johnson street. 158 Johnson Street. 609 Sycamore Street. 455 Monroe Street. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in hank.................................................................. $40,430 00 8. 151 29 120 R eport on S a y in g s a n d L o an A ssociations . L IA B IL IT IE S . Due shareholders, instalment shares .............................................. Dividends credited ............................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............... $45, 337 2,308 413 521 25 40 79 85 $48,581 29 RECEIPTS. i . ----- r-; Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Pees received ......................................................................................... Interest received ................................................................................... $14, 471 21,353 1, 170 311 1, 584 17 25 00 50 97 $38,890 89 DISBURSEMENTS. —■ - Loaned on mortgage............................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . . Dividends paid on withdrawal, or applied on loans..................... Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage.................................. Paid rent ............................................................................................... Paid banking department, exam ination ......................................... Paid banking department, assessm ent........................................... Officers’ bonds ....................................................................................... Cash on hand, December 31, 1912.................................................... .- ■■■ $11,570 17, 521 926 616 5 62 19 3 16 8, 151 00 00 48 00 00 50 25 37 00 29 $38,890 89 Plan, permanent. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 1,601; shares issued during the year, 1,246; shares withdrawn during the year, 1,169; shares in force, 1,678. Bor rowing members, 56, holding 311 shares; non-borrowing members, 260, holding 1,367 shares. Female shareholders, 137, holding 577 shares. Total dividends credited members during the year on instalment shares, $1,058.78; rate, 4 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $699.50. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $2,730. Mortgages in force in New York State, $40,430. No foreclosures during the year. WILLIAM AND SHERMAN MUTUAL SAVINGS AND LOAN ASSOCIATION. No. 592 William street, Buffalo, N. Y. [Organized Officers. P resid en t.................... Secretary ................... Treasurer ................. Attorney ................... under Law of 1851. Commenced business 1882.] Names. Post-office addresses GUSTAV K O C H .................................. 624William Street. HENRY GEGER ................................. 114 Roehrer Avenue. THEO. KUNZ ..................................... 38Goembel Avenue. H. W. BRENDEL......................... 706Mutual Life Bldg. ASSETS. Loans on bond and m ortgage............................................................ Cash on hand and in b a n k ................................................................ Furniture and fixtures........................................................................ $9,200 00 8, 306 86 48 00 $17,554 86 121 E r ie C o u n t y . LIABILITIES. Due shareholder, instalment shares................................................ Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............. Unearned or rebatable premium....................................................... $15,297 1,090 846 290 30 75 22 89 00 00 $17,554 86 ...... .......... .. RECEIPTS. Cash on hand January 1, 1912.......................................................... $3,852 42 Dues on instalment shares credited to members........................... 7,521 25 Mortgages redeemed, foreclosed or transferred to real estate.. 2, 250 00 Fees received .................................................................................................. 6675 Interest received .................................................................................. 644 74 Premium r eceiv ed ................................................................ $14,364 66 DISBURSEMENTS. = Loaned on mortgage............................................................................ Instalment dues rep&id on withdrawal, or applied on loans. . . . Dividends paid on withdrawal, or applied on loa n s.................. Paid salaries and clerk-hire . . .......................................................... Pliid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid banking departm en t.................................................................. Advances for taxes, insurance, etc................................................... Cash on hand, December 31, 1912...................................................... $2,300 3, 359 112 230 32 6 15 2 8, 306 00 00 36 50 70 00 24 00 86 $14,364 66 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 576; shares issued during the year, 267; shares withdrawn during the year, 269; shares in force, 574. Borrowing members, 6, holding 70 shares; non-borrowing members, 88, holding 504 shares. Female shareholders, 34, holding 240 shares. Total dividends credited mem bers during the year on instalment shares, $543.04; rate, 4 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during, the year, $269.20. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 2 per cent. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $2,500. Mortgages in force in New York State, $9,200. No foreclosures during the year. y2 WILLIAM STREET PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 291 William street, Buffalo, N. Y. [Organized under Law of 1851. Officers. President Secretary Treasurer Attorney Commenced business 1879.] Names. JOSEPH B. MILLER............. FRANK R. RUCKDESCHEL. RUDOLPH GUNOLD ............. FRANK R. RUCKDESCHEL. Post-office addresses. 259 Northampton Street. 59 Walnut Street. 171 Landon Street. 73 West Eagle Street. ASSETS. Loans on bond and m ortgage............................................................ Cash on hand and in bank.................................................................. $21,424 50 11, 677 51 $33,102 01 122 R eport on S a v in g s a n d L o an A ssociations . LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ............................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ) ............ Unearned or rebatable premium...................................................... $26, 132 2, 781 2, 043 1,500 645 00 31 45 00 25 $33,102 01 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Eees re ce iv e d ......................................................................................... Interest received ................................................................................. Premium re ceiv ed ................................................................................. $15,287 81 12,714 25 1,930 50 140 75 1,275 28 391 50 $31,740 09 DISBURSEMENTS. Loaned on mortgage............................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . . Dividends paid on withdrawal, or applied on loans................... Paid matured shares ........................................................................... Paid salaries and clerk-hire.............................................................. Paid rent . ............................................... Paid banking department, exam ination ......................................... Paid banking department, assessment............................................ Officers’ bonds . *..................................................................................... Cash book and ledger............................................................................. Passbooks ............................................................................................... Cash on hand December 31, 1912.................................................... $5,791 8, 444 719 4,716 324 24 14 2 8 7 9 11,677 50 75 81 24 50 00 25 50 00 75 28 51 $31,740 09 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 914; shares issued during the year, 563; shares withdrawn during the year, 455; shares in force, 1,022. Borrowing members, 25, holding 209 shares; non-borrowing members, 161, holding 813 shares. Female shareholders, 81, holding 371 shares. Total dividends credited members during the year on instalment shares, $1,228.05; rate, 6 per cent. No unpaid withdrawals. Amount of shares matured during the year, $4,716.24. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid during the year, $373.53. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, $7.25 per share. Loans have been made in Erie county, New York State. Largest mortgage loan outstanding, $2,466.75. Mortgages in force in New York State, $21,424.50. N o foreclosures during the year. F r a n k l in C o u n t y 123 FRANKLIN COUNTY. SARANAC LAKE CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 79 Main street, Saranac Lake, N. Y. [Organized under Law of 1894. Officers. P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1899.] Names. WILLIAM J. CALLANAN.................... W. E. JOHNSON ................................ EUCLID C. PIN E.................................. HERBERT P. COATS.......................... Post-office addresses. Saranac Lake, N. Y. Saranac Lake, N. Y. Saranac Lake, N. Y. Saranac Lake, N. Y. ASSETS. Loans on bond and mortgage............................. ^............................ Loans on shares .................................................................................. Cash on hand and in bank.................................................................. instalments due and unpaid.......................................... Interest, premium, fees and fines due and unpaid.. . $80, 725 00 7, 275 00 524 11 $47 00 16 73 $88,524 11 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Balance to be paid borrowers on mortgage loans......................... Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... -------- ; $67, 659 14, 804 2, 100 1,200 1,511 1, 248 00 80 00 00 86 45 $88,524 11 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate. . . . .... . . $1,835 18,442 4, 850 3, 900 ■ ■ 68 00 00 00 Loans on shares rep a id .............................................................................. 2 ,4 15 00 Eees received ........................................................................................ Fines received ....................................................................................... Interest rece iv e d ................................................................................... Premium received ............................... ....................................... . Dividends returned, etc....................................................................... 106 4 3, 703 1, 062 88 00 35 25 29 06 $36,406 63 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . . Dividends paid on withdrawal, or applied on loans................... Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire............................................................... Paid advertising, printing and postage........................................... Paid banking department, examination........................................... Paid banking department, assessment........................................... State League dues and expense........................................................ Recording tax ...................................................................................... Safe deposit b ox .................................................................................. Cash on hand, December 31, 1912.................................................... ................... - $14,500 4, 990 6, 718 1,176 4, 607 3, 650 2 100 5 25 5 15 75 10 524 00 00 00 92 37 00 00 00 35 75 75 88 50 00 11 $36,406 63 12 4 R eport on S a y in g s a n d L oan A ssociations . Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 1,414; shares issued during the year, 422; shares withdrawn during the year, 269; shares in force, 1,567. Borrowingmembers, 70, holding 488 shares; non-borrowing members, 206, holding 1,079 shares. Female shareholders, 117, holding 618 shares. Total dividends credited members during the year on instalment shares, $4,496.45; rate & per cent. Total dividends forfeited by withdrawing members during the year, $88.06. No unpaid withdrawals. Amount of shares matured during the year, $4,607.37. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $131.23. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 75 cents per share per month. Premium paid by borrowing members, 25 cents, per share per month. Loans have been made in Essex and Franklin counties, New York State. Largest mortgage loan outstanding, $7,000. Mortgages in force in New Y ork State, $80,725. No foreclosures during the year. GENESEE COUNTY. GENESEE COUNTY LOAN ASSOCIATION. No. 112 Main street, Batavia, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1879.] Names. P o st-o ffice a d d resses. GEORGE W I A R D ............................................. W. G. POLLARD............................................... JOHN W. PR A T T ............................................... S. E. NORTH..................................................... Batavia, Batavia, Batavia, Batavia, N. N. N. N. Y. Y. Y. Y. ASSETS. Loans on bond and mortgage............................................................ Loans on sh ares................................................................................... Stocks and bonds................................................................................... Real estate .......... : .............. -.............................................................. Cash on hand and in bank............................. ..................................... $429,681 16, 832 10,000 8,000 17,378 05 00 00 00 29 $481,891 34 LIABILITIES. Due shareholders, instalment shares ........................................... Due shareholders, savings shares .................................................... Dividends Credited ............................................................................ Due shareholders, matured shares.................................................... Balance to be paid borrowers on mortgage loans........................ Prior mortgages ................................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............ $150, 327 177,575 30,959 88,870 7,400 2,500 6,258 18,000 50 36 82 01 00 00 65 00 $481,891 34 RECEIPTS. Cash on hand January 1, 1 9 1 2 . . . : ................................................ Dues on instalment shares credited to members........................... Dues on savings sh ares...................................................................... $11,819 71 86,187 75 97, 776 42 G enesee C o u n ty. Shares matured .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ...................................................................................... Fines received ...................................................................................... Interest received ................................................................................ Rent received ...................................................................................... Reverted dividends ............................................................................ 125 $38,723 59,652 17,359 14 1 24,099 340 261 75 56 00 00 75 79 00 84 $336,236 57 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on sh ares................................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Paid savings s h a r e s ..,...................................................................... Dividends paid on withdrawal, or applied on loans.................. Paid matured shares ........................................................................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage.............................. Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................. Paid banking department, examination ....................................... Paid banking department, assessment ................ State League dues................................................................................ Light and heat........................................................... Su pplies.................................................................................................. Telephone............................................................................................... Bonds purchased ................................................................................ Cash on hand December 31, 1912...................................................... $113,465 9,755 92,890 62,838 4,218 26,046 2,830 340 190 725 42 32 8 197 156 20 5,100 17,378 00 00 50 35 50 60 00 60 88 42 46 06 00 61 32 70 28 29 $336,236 57 Plan, permanent. Par value of shares, $125. Instalments are 25 cents weekly. Shares in force January 1, 1912, 7,057; shares issued during the year, 4,723; shares withdrawn during the year, 4,521; shares in force, 7,259. Borrowing members, 92, holding 1,002 shares; non-borrowing members, 1,878, holding 6,257 shares. Female shareholders, 937, holding 2,327 shares. Total dividends credited members during the year on instalment shares, $2,522.28; rate 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $14,195.24; rate 4 per cent. Total dividends for feited by withdrawing members during the year, $261.84. No unpaid withdrawals. Amount of shares matured during the year, $46,770.30. Entrance or membership fee, 25 cents per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,553.23. Unpaid, none. No premium plan. Interest paid by borrowing members, 5 per cent, to 6 per cent. No premium charged. Loans have been made in Genesee county, New York State. Largest mortgage loan outstanding, $7,286.32. Mortgages in force in New York State, $427,181.05. No foreclosures during the year. 126 R eport on S a v in g s a n d L o an A ssociations . GREENE COUNTY. CATSKILL SAVINGS AND LOAN ASSOCIATION. No. 375 Main street, Catskill, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1889. ] Names. Post-office addresses. PERCIVAL GOLDIN ......................................... Catskill,N. Y. THOMAS E. JONES........................................... Catskill,N. Y. P. GARDNER COFFIN....................................... Catskill,N. Y. WILLIAM W. BENNETT................................... Catskill,N. Y. ASSETS. Loans on bond and mortgage.......................................................... Loans on shares................................................................................... Stocks and bonds................................................................................. Cash on hand and in hank................................................................ Furniture and fixtures........................................................................ Interest, premium, fees and finesdue and unpaid......................... Advances for taxes, insurance, e tc .................................................. Accrued interest ...................................................................... $110,925 7,347 18,172 1,867 291 101 8 540 00 74 50 53 51 99 00 75 $139,255 02 LIABILITIES. Due shareholders, instalment shares ............................................ Due shareholders, savings shares .................................................. Due shareholders, income shares .................................................... Dividends credited ........................................................................ .. .. Balance to be paid borrowers on mortgage loans......................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... $65,036 39,659 14, 750 14,458 950 3,236 1,162 91 39 00 97 00 98 77 $139,255 02 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members......................... Dues on savings shares .................................................................... Dues on income shares .................................................................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fines received ......................................... Interest received ................................................................................. Premium r e ce iv e d ................................................................................. Advances repaid ................................................................................... Reverted dividends ........... $2,736 50 14,153 53 23,688 38 400 00 4,300 00 11,200 00 1,068 47 82 14 6,008 35 1,253 44 5 14 34 34 $64,930 29 DISBURSEMENTS. Loaned on mortgage........................................................................... Loaned on shares................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. Paid savings shares ........................................................................... Paid income shares ............................................................................. Diyidends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid s h a r e s .................................................................................................. $18,800 00 2,502 21 1,400 73 4,831 80 700 00 593'81 * 601 33 H e r k im e r C o u n t y . Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid r e n t ............................................................................................... Paid banking department, examination ....................................... Paid banking department, assessment .......................................... State League dues and expenses........................................................ B o n d s ...................................................................................................... Accrued interest ................................................................................ Premium refunded .............................................................................. G a s .......................................................................................................... S u n d ries................................................................................................. Cash on hand December 31, 1912..................................................... 127 $16,131 4,300 49 450 182 125 39 8 32 12, 152 143 5 5 5 1,867 99 00 38 00 49 00 73 97 46 92 64 40 90 00 53 $64,930 29 Plan, permanent. Par value of shares, Classes A, B, C and E, $100; Class D, $200; Income, $100. Instalments are Classes A and D, $1, Class B, 50 cents, and Class C, 35 cents, monthly. Shares in force January 1, 1912, 3,032; shares issued during the year, 1,014 8/1 0; shares withdrawn during the year, 322; shares in force, 3,724 8/10; Borrowing members, 76, holding 1,066% shares; non-borrowing members, 190, holding 2,658 3/10 shares. Female shareholders, 100, holding 1,200% shares. Total dividends credited members during the year on instalment shares, $3,238.59; rate 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,924.86; rate 4 per cent. Total dividends forefeited by withdrawing members during the year, $34.34. No unpaid withdrawals. Amount of shares matured during the year, $16,131.99. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $800.85. Unpaid, none. No premium plan. Interest paid by borrowing members, 4% per cent, to 6 per cent. No premium charged. Loans have been made in Greene county, New York State. Largest mort gage loan outstanding, $5,000. Mortgages in force in New York State, $110,925. One foreclosure during the year. HERKIMER COUNTY. FRANKFORT SAVINGS AND LOAN ASSOCIATION. No. 40 Litchfield street, Frankfort, N. Y. [Organized under the Law of 1910. Officers. President............................. Secretary.............................. Treasurer............................. Attorney................................ Commenced business 1912.] Names. Post-office addresses. SEYMOUR S. RICHARD..................... Frankfort N. Y. H. SEYMOUR GETMAN....................... Frankfort N. Y. GEORGE S. ALLEN.............................. Frankfort N. Y. H. LESLIE WILBUR............................ Frankfort N. Y. ASSETS. Loans on bond and mortgages........................................................ Cash on hand and in bank................................................................ $13,300 00 1,597 04 $14,897 04 128 R eport on S a v in g s a n d L o an A ssociations . LIABILITIES. Due shareholders, instalmentshares................................................ Dividends credited ............................................................................... Borrowed money ................................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).............. $10,205 104 4,300 208 78 50 28 00 97 29 $14,897 04 RECEIPTS. ...... ................... . - Dues on instalment shares credited to members........................... Money borrowed ................................................................................. Fees received ......................................................................................... Fines received ............................................... Interest received ................................................................................... $13,817 4,300 173 26 393 25 00 50 28. 06 $18,710 04 DISBURSEMENTS. Loaned on mortgage............................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. Paid interest on borrowed money and prior mortgages.......... Paid advertising, printing and postage....................................... Paid banking department ................................................................ Cash on hand, December 31, 1912.................................................... -■ ■ ------- : $13,300 3,611 80 112 8 1,597 00 75 63 12 50 04 $18,710 04 Plan, serial. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, none; shares issued during the year, 1,735; shares withdrawn during the year, 375; shares in force, 1,360. Borrowing members, 9, holding 147 shares; non-borrowing members, 164, holding 1,213 shares. Female shareholders, 40, holding 200 shares. Total dividends credited members during the year on instalment shares, $104.28; rate, 6 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $112.12. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 10 cents per ‘share per week. Premium paid by borrowing members, 2 cents per share per week. Loans have been made in Herkimer county, New York State. Largest mortgage loan outstanding, $2,700. Mortgages in force in New York State, $13,300. No foreclosures during the year. HERKIMER CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 147 North Main street, Herkimer, N. Y. [Organized under Law o f 1894. Officers P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1898.] Names. Post-office addresses. CHARLES S T E W A R T ................................ * Herkimer, N. Y. CLARENCE B. ROOT............. ..................... Herkimer, N. Y. CLARENCE A. McCREERY........................ Herkimer. N. Y. JAMES H. FAGAN....................................... Herkimer, N. Y. ASSETS. Loans on bond and m ortgage............................................................ Loan 3 .on shares ................................................................................... Cash on hand and in bank................................................................ $56,600 00 "73 00 157 07 $57,530 07 129 H e r k im e r C o u n t y . LIABILITIES. Due shareholders, instalment shares ............................................. Due shareholders, savings shares ................................................... Due shareholders, accumulative prepaid shares ......................... Dividends credited ............ ................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... RECEIPTS. $50,195 400 3, 000 2, 293 1, 095 546 26 00 00 21 10 50 $57,530 07 -------- .. .. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members......................... Dues on savings shares .................................................................... Dues on accumulative prepaid shares ........................................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid ...................................................................... Fees received ........................................................................................ Fines received ...................................................................................... Interest received ................................................................................ Reverted d iv id en d s.............................................................................. $28 33, 209 400 1, 550 8 , 700 4, 400 265 92 16 2, 518 10 51 30 00 00 00 00 00 75 20 18 40 $51,190 34 DISBURSEM ENTS. ■ : . Loaned on mortgage .......................................................................... Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Paid accumulative prepaid shares ............................................... Dividends paid on withdrawal, or applied on loans................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage............................. Paid hanking department, examination ...................................... Paid banking department, assessm ent........................................... State League du es......................................................................................... Safe deposit box .............. ................ ................................................. Appraisal fee ........................................................................ ............... Cash on hand, December 31, 1912................................................... - -- - - - $18, 500 883 19, 419 500 102 11,100 85 400 00 00 68 00 30 00 15 00 8 40 20 50 3 24 5 00 5 00 1 00 157 07 $51,190 34 Plan, permanent. Par value of shares, $100. Instalments are 15 cents weekly. Shares in force January 1, 1912, 3,436; shares issued during the year, 1,855; shares withdrawn during the year, 628; shares in force, 4,663. Borrowing members, 44, holding 588 shares; non-borrowing members, 310, holding 4,077 shares. Female shareholders, 118, holding 1,096 shares. Total dividends credited members during the year on instalment shares, $1,684; rate 5 per cent. Total dividends credited or paid in cash to 'members during the year on other shares, $9,534; rate 5 per cent. Total dividends forfeited by with drawing members during the year, $10.40. No unpaid withdrawals. Amount of shares matured during the year, $1,300. Entrance or membership fee, 5 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $419.40. Unpaid, none. No premium plan. Interest paid by borrowing members, 5% per cent, on mortgage loans; 6 per cent, on share loans. No premium charged. Loans have been made in Herkimer county, New York State. Largest mortgage loan outstanding, $3,000. Mortgages in force in New York State, $56,600. No foreclosures during the year. 5 130 R eport on S a v in g s a n d L o an A ssociations . ILION PERMANENT SAVING, BUILDING AND LOAN ASSOCIATION. No. 10 East Main street, Ilion, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1888.] Names. Post-office addresses. S. T. RUSSELL........................................... Ilion,N.Y. W. H. GRIMSHAW................................................ Ilion, N.Y. JOHN A. GIBLIN.................................................... Ilion, N.Y JAMES CONKLING ................................................ Ilion, N.Y ASSETS. Loans on bond and m ortgage............................................................ Stocks and Londs................................................................................... Real estate ............................................................................................. Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Interest accrued ................................................................................... $519,202 16,500 7 , 868 21,684 323 397 97 00 43 01 76 74 $565,976 91 LIABILITIES. Due shareholders, instalment shares............................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... Unearned or rebatable premium...................................................... $536,086 10, 468 8,704 10,717 07 78 21 85 $565,976 91 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues, on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real estate. . Fees received ......................................................................................... Fines received ....................................................................................... Interest received ................................................................................. Premium received ................................................................................. Rent re ceiv ed ......................................................................................... Ilion school district bonds.................................................................. $16,003 249, 607 6 6 , 960 500 299 ' 24, 286 5, 885 770 1,500 37 33 00 45 75 58 00 00 00 $365,812 48 DISBURSEMENTS. Loaned on m ortg a g e.......................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s .. Paid for real estate ............................................................................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid taxes, insurance, etc................................................................... Paid banking department, examination......................................... Paid banking department, assessment............................................. Officers’ bonds ....................................................................................... State League dues and expenses ...................................................... Rebate on prem iu m s............................................................................. B o o k s ....................................................................................................... Express charges ................................................................................... A u d ito r s .................................................................................................. $128, 835 203, 198 8 , 538 1,668 88 200 645 70 37 24 35 598 104 10 20 00 82 93 50 05 00 25 50 28 00 51 70 18 00 00 J efferson C o unty. 131 Watchman ............................................................................................ Legal serv ices....................................................................................... Cash on hand, December 31, 1912................................................... $20 00 33 75 21,684 01 $365,812 48 Plan, permanent. Par value of shares, $105. Instalments are 25 cents weekly. Shares in force January 1, 1912, 17,874; shares issued during the year, 4,450; shares withdrawn during the year, 2,302; shares in force, 20,022. Borrowing members, 357, holding 4,624 shares; non-borrowing members, 1,450, holding 15,398 shares. Female shareholders, 726, holding 6,256 shares. Total dividends credited members during the year on instalment shares, $1$,154.72; rate, 6 per cent. Total dividends forfeited by withdrawing mem bers during the year, $1.85. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $2,170.24. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, $5 per share. Loans have been made in Herkimer and Oneida counties, New York State. Largest mortgage loan outstanding, $6,300. Mortgages in force in New York State, $519,202.97. One foreclosure during the year. JEFFERSON COUNTY. CARTHAGE SAVINGS, LOAN AND BUILDING ASSOCIATION. Strickland Building, No. 8 So. Mechanic street, Carthage, N. Y. [O rg a n iz e d u n d er L a w o f 1851. Officers. President........................ Secretary ..................... Treasurer .................... Attorney ...................... C om m enced b u sin ess 1 8 8 9 .] Names. Post-office addresses. C. E. FRANCIS.......................................... Carthage, N. Y. W. W. SWEET.............................................. Carthage. N. Y. F. W. COBURN............................................. Carthage. N. Y. W. A. PORTER............................................. Carthage. N. YASSETS Loans on bond and mortgage....................... Loans on shares ............................................. Cash on hand and in bank........................... Furniture and fixtures ................................. $189,956 7,463 16.360 1, 200 00 00 14 00 $214,979 14 L IA B IL IT IE S. Due shareholders, instalment shares ............................................. Due shareholders, savings shares ................................................. Due shareholders, accumulative prepaid shares............................. Dividends credited .............................................................................. Due shareholders, matured shares ................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $6 8 , 685 35, 180 50, 400 14,196 33. 400 10, 717 2,400 35 00 00 06 00 73 00 $214,979 14 132 R eport on S a v in g s a n d L oan A ssociations . r e c e ip t s . Cash on hand January 1 , 1912........ .............................................. Dues on instalment shares credited to members............................ Dues on savings shares .................................................................... Dues on accumulative prepaid shares .......................................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares r e p a id ...................................................................... Fees received ......................................................................................... Fines received ....................................................................................... Interest received .................................................................................. Premium received ................................................................................. Mortgage tax refu n d ed ........................................................................ Beverted dividends ............................................................................... Matured shares ..................................................................................... $5 , 834 98 15, 237 35 19, 044 14 10, 400 00 5 , 500 00 28, 143 70 2, 670 00 5 25 1 33 11, 166 89 698 76 1 00 334 48 6 , 300 00 $105,337 88 DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. Paid savings shares............................................................................... Paid accumulative prepaid shares ............................................... Dividends paid on withdrawal, or applied on loans.................. Cash dividends paid on income and accumulative prepaid sh a res........... ’...................................................................................... Paid matured shares .......................................................................... Paid borrowed money and prior mortgages ................................. Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk -h ire.............................................................. Paid advertising, printing and postage ....................................... Paid r e n t ................................................................................................ Paid taxes, insurance, etc.................................................................... Paid banking department, examination ....................................... Paid banking department, assessment ........................................... State League dues and expenses ...................................................... Mortgage t a x ......................................................................................... L ig h t s ...................................................................................................... Filing c a s e ............................................................................................. Cash on hand, December 31, 1912.................................................... $32,035 6,879 15, 022 10,722 7, 550 5, 394 1,860 1, 782 5, 500 32 1, 419 268 250 12 29 14 14 130 13 46 16,360 00 00 75 52 00 40 50 39 00 42 00 06 00 64 00 88 35 00 90 93 14 $105, 337 88 Plan, permanent. Par value of shares, $100. Instalments are 10 cents and 25 cents weekly. Shares in force January 1, 1912, 1,188; shares issued during the year, 246; shares withdrawn during the year, 233; shares in force, 1,201. Borrowing members, 102, holding 357 shares; non-borrowing members, 223, holding 844 shares. Female shareholders, 113, holding 382 shares. Total dividends cred ited members during the year on instalment shares, $4,071.24; rate 6 % per cent. Total dividends credited or paid in cash to members during the year on other shares, $4,132.03; rate, 4 per cent, and per cent. Total dividends forfeited by withdrawing members during the year, $334.48. No unpaid withdrawals. Amount of shares matured during the year, $7,750. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,965.31. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Jefferson and Lewis counties, New York State. Largest mortgage loan outstanding, $5,000. Mortgages in force in New York State, $189,956. No foreclosures during the year. 4% J efferson C o unty. 133 WATERTOWN SAVINGS, LOAN AND BUILDING ASSOCIATION. No. 3 Flower block, Watertown, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1888.] Names. WILLIAM H. MOORE.......................... WILLIAM J. SHEPARD..................... WILLIAM J. SHEPARD..................... JOSEPH A T W E L L .............................. Post-office addresses. 237 Mullin Street. 232 Stone Street. 232 Stone Street. 122 Winslow Street. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Contracts for the sale of real estate............................................... Real e s t a t e ................................. .......................................................... Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Real estate suspense account............................................. ■............. $226, 852 4, 700 831 3, 325 2, 120 691 1,279' 76 00 68 99 18 03 61 $239,801 25 LIABILITIES. Due shareholders, instalment shares............................................. Due shareholders, savings shares................................................... Due shareholders, income shares................................................... Dividends credited .............................................................................. Balance to be paid borrowers on mortgage loans......................... Borrowed m o n e y ................................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $157,641 5, 007 8 , 950 37, 353 3, 850 9, 000 14, 039 3,958 81 56 00 61 00 00 40 87 $239,801 25 RECEIPTS. Cash on hand January 1, 1912....................................................... Dues on instalment shares credited to members......................... Dues on savings shares................................................. Money borrowed .................................................................................. Mortgages redeemed, foreclosed ortransferred to real estate. . Loans on shares repaid........................................................................ Real estate sold.................................................................................... Fees received ........................................................................................ Fines received ...................................................................................... Interest rece iv e d ................ ................................................................. Rent receiv ed ........................................................................................ Advances repaid .................................................................................. Real estate contracts.......................................................................... Dues and dividends surrendered onforeclosure............................... Real estate suspense account.............................................................. Reverted d iv iden ds...................................................................... " . . . $10,867 46,915 5,271 9, 000 35,450 1,275 700 25 118 14, 437 118 62 726 578 278 654 16 29 98 00 00 00 00 50 59 57 75 75 00 66 74 64 $126,480 63 DISBURSEMENTS. .Loaned on mortgage .......................................................................... Loaned on sh a r e s ................................................................................ Instalment dues repaid on withdrawal, or applied on loans----Paid savings shares.............................................................................. Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid sh a res.................................................................................................. Paid matured sh a r e s.......................................................................... $64, 805 2, 775 24, 256 1, 166 8 , 650 3, 986 00 00 43 92 00 03 630 00 11,380 87 134 R eport on S a v in g s a n d L oan A ssociations . Paid for real estate.............................................................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... State League dues and expenses.................................. Collectors ............................................................................................... G a s ........................................................................................................... Telephone ............................................................................................... S ta tion ery .............................................................................................. M a tt in g ................................................................................................... Sundries ................................................................................................. Mortgage taxes .................................................................................... Foreclosure expense ............................................................................ Real estate suspense account............................................................ Recording, p a p ers.................................................................................. Cleaning office ....................................................................................... Cash on hand December 31, 1912...................................................... $ 1, 95 0 00 1,400 00 196 40 75 00 180 51 188 30 39 25 16 16 14 40 13 98 3 77 19 51 12 00 2 00 11 00 3 1 95 0 141 72 2, 100 00 4 00 5 70 2 , 120 18 $126,480 63 Plan, permanent. Par value of shares, $100. Instalments are 10 cents and 25 cents weekly. Shares in force January 1, 1912, 7,862; shares issued during the year, 3,091%; shares withdrawn during the year, 1,779%; shares in force, 9,174. Borrowing members, 260, holding 1,878 shares; non-borrowing members, 715, holding 7,296 shares. Female shareholders, 484’, holding 3,979 shares. Total dividends credited members during the year on instalment shares, $11,675.66; rate, 8 per cent. Total dividends credited or paid in cash to members during the year on other shares, $719.16; rate, 4 per cent, and 4% per cent. Total dividends forfeited by withdrawing members during the year, $654.64. N o unpaid withdrawals. Amount of shares matured during the year, $11,389.87. Entrance or membership fee, 25 cents per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,741.76. Operating expenses, as defined in section 227 of the Banking Law, incurred during the year and remaining unpaid, $202. Premium plan, premium-interest. Interest paid by borrowing members, 5% per cent. Premium paid by borrowing members, per cent. Loans have been made in Jefferson county, New York State. Largest mort gage loan outstanding, $10,000. Mortgages in force in New York State, $226,852.76. Two foreclosures during the year. 2% KINGS COUNTY. ATLANTIC SAVINGS AND LOAN ASSOCIATION. No. 321 Court street, Brooklyn, N. Y. TOrganized under Law of 1887. Officers. P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1888. Law of 1892.] Reorganized under Names. Post-office addresses. JOHN J. P. FAGAN.................................... 321 Court Street. THOMAS J. SKUSE..................................... 321 Court Street. JOHN A. LAW LER....................................... 321 Court Street. CHARLES A. WEBBER............................. 44 Court Street. K in g s C o u n t y . 135 ASSETS. Loans on bond and m ortgage............................................................ $1,098,250 00 Loans on shares.................................................................................... 28, 900 00 Real e s t a t e ............................................................................................ 11,500 00 Cash on hand and in bank.................................................................. 64, 4131 41 Furniture and fixtures........................................................................ 1,600 00 Interest, premium, fees andfines due and unpaid......................... 171 44 $1,204, 834 85 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, savings shares..................................................... Due shareholders, accumulative prepaid shares............................ Due shareholders, income shares..................................................... Dividends credited .............................................................................. Prior mortgages .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Maturity f u n d ...................................................................................... $599, 285 412,591 30,100 41,300 29,137 13, 250 42, 960 14,535 12, 674 74 42 00 00 16 00 61 49 48 $1,204,834 85 RECEIPTS. Cash on hand January 1, 1912......................................................... Dues on instalment shares creditedto members............................ Dues on savings shares...................................................................... Dues on accumulative prepaid shares............................................. Dues on income shares........................................................................ Prior mortgages .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Interest r eceiv ed .................................................................................. Rent receiv ed ........................................................................................ Loan deposits .................................................................................... . $56,497 129,207 155,557 100 600 20, 250 73,400 17, 750 51,253 503 2, 876 08 23 94 00 00 00 00 00 34 00 80 $507,995 39 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on s h a r e s .......... ..................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid savings sh a r e s............................................................................ Paid accumulative prepaid shares................................................. Paid income shares.............................................................................. Cash dividends paid on income and accumulative prepaid sh ares.................................................................................................. Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money andprior mortgages............ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination ....................................... Paid banking department, assessment......................................... Loan deposits repaid............................................................................ Reserve fund ........................................................................................ Maturity f u n d ...........................................................*.......................... General expenses.................................................................................. Cash on hand December 31, 1912..................................................... $153, 650 18, 150 69, 513 99, 035 7, 800 400 3, 667 45,221 20, 500 1, 137 4, 486 486' 376 57 84 2,876 1, 731 3, 797 1, 611 64,413 00 00 29 86 00 00 74 08 00 37 00 45 08 50 68 80 13 59 41 41 $507,995 39 136 R eport on S a v in g s a n d L oan A ssociations . Plan, permanent. Par value o f shares, $100 and $200. Instalments are $1 monthly. Shares in force January 1, 1912, 25,746; shares issued during the year, 5,165% ; shares withdrawn during the year, 2,755% ; shares in force, 28,156%. Borrowing members, 596, holding 5,780% shares; non-borrowing members, 2,051, holding 22,376 shares. Female shareholders, 1,080; holding 9,385 shares. Total dividends credited members during the year on instalment shares, $14,258.56;. rate, 5 1/12 per cent. Total dividends credited or paid in cash to members during the year on other shares, $18,546.34; rate, 4 per cent, to 4% per cent. Total dividends forfeited by withdrawing members during the year, $1,389.67. No unpaid withdrawals. Amount of shares matured during the year, $45,221.08. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $6,582.86. Unpaid, none. No premium plan. Interest paid by borrowing members, 5 per cent., 5% per cent, and 6 per cent. No premium charged. • Loans have beep made in Kings, Nassau, New York, Queens, Richmond, Suffolk and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $8,000. Mortgages in force in New York State, $1,095,950. No foreclosures during the year. BAY RIDGE SAVINGS AND LOAN ASSOCIATION. 7501 Third avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary ................... Treasurer ................. Attorney ................... Commenced business 1887.] Names. OTTO B O T H F E L D .............................. ........... JAMES RUDDIMAN .......................... WALTER L. DURACK........................ Post-office addresses. 450 Ovington Avenue. Sedgwick Place. Senator Street. 215 Montague Street. ASSETS. Loans on bonds and mortgage ........................................................ Real estate ............................................................................................. Cash on hand and in bank................................................................ Furniture and fixtures ...................................................................... $108, 800 00 4, 952 76 931 66 66 60 $114,751 02 LIABILITIES. Due sharehloders, instalment shares................................................ Due shareholders, income shares .................................................... Dividends credited ............................................................................... Balance to be paid borrowers on mortgage loans....................... Borrowed money ................................................................................. Earnings undivided ........................................... ................................ Contingent fund (as per section 225 of Banking L a w ).......... Unearned or rebatable premium........................................................ $60, 096 23, 400 17, 661 1,500 6 , 000 155 5,265 672 68 00 38 00 00 43 53 00 $114,751 02 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income sh a re s........................................................................ Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. $407 15,234 4, 000 3. 000 5,750 18 91 00 00 00 K in g s C o u n t y . 137 Interest receiv ed .................................................................................. Premium re ceiv ed ................................................................................ Rent received ......................., ............................................................. $5, 502 78 225 15 96 00 $34,216 02 DISBURSEMENTS. Loaned on mortgage ................................................. ....................... Instalment dues repaid on withdrawal, or applied on loans. . . . Paid income sh a re s.............................................................................. Cash dividends paid on income and accumulative prepaid shares .................................................................................................. Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............... Paid salaries and clerk-hire............................................................ Paid advertising, printing and postage....................................... Paid r e n t ............................................................................................... Paid repairs to real e s t a t e ................................................................ Paid taxes, insurance, etc................................................................... Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Officers’ bonds ................................................................... State League dues and expen ses...................................................... Cash on hand December 31, 1912..................................................... ’ $12, 800 00 10, 300 00 3, 200 00 2,431 3, 000 379 608 170 133 87 00 77 00 95 43 86 62 101 86 22 85 8 01 10 00 31 00 931 66 $34,216 02 Plan, permanent. Par value of shares, $100. Instalments are 50 cents monthly. Shares in force January 1, 1912, 1,548%; shares issued during the year, 190; shares withdrawn during the year, 143; shares in force, 1,595%. Bor rowing members, 46, holding 534% shares; non-borrowing members, 248, hold ing 1,061 shares. Female shareholders, 128, holding 486 shares. Total divi dends credited members during the year on instalment shares, $3,294.24; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,149.66; rate, 5 per cent. No unpaid withdrawals. Amount of shares matured during the year, $3,000. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during th'e year, $953.38. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 1 per cent. Loans have been made in Kings and Queens counties, New York State. Largest mortgage loan outstanding, $6,000. Mortgages in force in New York State, $108,800. No foreclosures during the year. BEDFORD CO-OPERATIVE BUILDING LOAN ASSOCIATION. No. 1630 Fulton street, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. ALEXANDER RAY ............... EDWIN F. HOWELL............... THOMAS POWDERLY ......... MARTIN S. COHEN............... Post-office addresses. 128 Rogers Avenue. 9 Arlington Place. 190 Albany Avenue. 302 Broadway, New York. ASSETS. Loans on bond and mortgage............................................................ Loans on shares .................................................................................. Real e s t a t e ............................................................................................ $114,097 78 250 00 2, 698 55 138 R eport on S av in g s a n d L oan A ssociations . Cash on hand and in bank.................................................................. Advances for taxes, insurance, etc................................................... $940 21 180 96 $118,167 50 LIABILITIES. Due shareholders, instalment shares..................................... .. Due shareholders, savings shares .................................................... Due shareholders, income s h a r e s ...................................................... Due shareholders, juvenile savings shares ................................... Dividends credited ............................................................................... Balance to be paid borrowers on mortgage loans....................... Borrowed money .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... Maturity fund ..................................................................................... $69,144 3, 450 9, 200 205 13, 931 21 00 00 34 04 3 ,8 6 6 67 7, 022 66 4, 428 77 5,000 00 1,918 81 $118, 167 50 R ECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Dues on savings sh a r e s ...................................................................... Dues on juvenile savings shares...................................................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Real estate s o l d ..................................................................................... Fees received .......................................................... : ............................ Interest received ................................................................................... Premium received ................................................................................. Rent re ce iv e d ......................................................................................... Advances repaid ................................................................................. Income dividends redeposited ................................. Profit and loss ..................................................................................... $287 15,906 3, 575 100 24, 571 9, 697 2, 400 r5, 509 10 6 , 679 72 310 1,6 6 8 43 61 69 18 00 72 00 50 00 00 75 52 45 00 86 75 89 $70,894 31 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Paid savings shares ............................................................................. Paid income shares ............................................................................ Paid juvenile savings shares ............................................................ Dividends paid on withdrawal, or applied on loans.................. Cash dividends paid on income and accumulative prepaid shares .................................................................................................. Paid borrowed money and prior mortgages ................................. Paid interest on borrowed money and p rior. mortgages.......... Paid for real estate ........................................................................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid banking department, examination ....................................... Paid banking department, assessment.............................................. Officers’ bonds ....................................................................................... Advances for taxes, insurance, e tc .................................................... Miscellaneous expenses ...................................................................... Cash on hand December 31, 1912.................................................... $19, 359 250 12 , 446 125 1, 000 48 2,752 411 26, 768 407 4, 080 720 166 96 16 8 16 1,228 54 940 00 00 36 00 00 00 04 11 94 72 55 00 15 00 50 20 00 53 00 21 $70,894 31 K in g s C o u n t y . 139 Plan, permanent. Par value of shares, $100 and $200. Instalments are $1 monthly. Shares in force January 1, 1912, 1,740; shares issued during the year, 458; shares withdrawn during the year, 175; shares in force, 2,023. Borrowing members, 107, holding 655 shares; non-borrowing members, 216, holding 1,368 shares. Female shareholders, 106, holding 595 shares. Total dividends credited members during the year on instalment shares, $4,216.11; rate, 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $529.85; rate, 4 per cent, and 5 per cent. No unpaid withdrawals. Amount of shares matured during the year, $5,400. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,052.15. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings and Queens counties, New York State. Largest mortgage loan outstanding, $5,000. Mortgages in force in New York State, $114,097.78. No foreclosures during the year. BROOKLYN AND NEW YORK ARCANUM BUILDING, LOAN AND SAV INGS ASSOCIATION. No. 169 Flatbush avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1885.] Names. Post-office addresses. CHARLES A. L E N T .. . 90 William Street, New York. J. ADDISON R O B B .... 482 Greene Avenue, Brooklyn. J. ADDISON R O B B .... 482 Greene Avenue, Brooklyn. I. N. SIEVW RIGHT.. . 204 Montague Street, Brooklyn. ASSETS. Loans on bond and mortgage.............................................................. Loans on shares .................................................................................. Cash on hand and in bank................................................................ Furniture and fixtures ...................................................................... Interest, premium, fees and fines due and unpaid....................... $ 66 , 350 1, 447 3, 368 350 84 00 00 02 00 89 $71,599 91 LIABILITIES. Due shareholders, instalment shares............................................. Due shareholders, income shares .................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as persection 225 of Banking L a w )............. Suspense account ................................................................................ Deferred maturity dividends ............................................................ $50,571 9, 850 5, 847 2,985 1,279 679 386 49 00 88 11 08 75 60 $71,599 91 RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members........................... Dues on income sh a re s........................................................................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid..................................... •............................. Fees received ...................................................................................... $1,161 16,687 9, 350 5, 000 13,900 1,007 126 25 97 00 00 00 00 45 140 R eport on S a v in g s a n d L o an A ssociations . Fines received ..................................................................................... Interest received ................................................................................... Suspense account ................................................................................. $160 94 3, 990 99 666 42 $52,051 02 DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on loans.. Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans.................. Cash dividends paid on income and accumulative prepaid sh a res.................................................................................................. Paid matured sh a res........................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk -h ire.............................................................. Paid advertising, printing and postage........................................... Paid r e n t ............................................................................. ; ................ Paid banking department, examination ....................................... Paid banking department, assessm ent........................................... A u d ito rs .................................................................................................. S u n dries.................................................................................. Cash dividends on paid-up s h a r e s .................................................... Cash on hand December 31, 1912.............................. $11,700 1, 570 8,681 12 , 950 807 00 53 84 4,679 6,500 42 618 62 240 16 5 25 151 549 3,368 73 92 00 22 00 60 00 00 40 00 40 04 02 00 00 16 $52,051 02 Plan, permanent. Par value of shares, $100 and $200. Instalments are $1 monthly. Shares in force January 1, 1912, 1,411%; shares issued during the year, 544% ; shares withdrawn during the year, 424% ; shares in force, 1,531%. Borrowing members, 30, holding 400% shares; non-borrowing members, 154, holding 1,130% shares. Female shareholders, 69, holding 323 shares. Total dividends credited members during the year on instalment shares, $1,906.79; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $654.94; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $44.36. No unpaid withdrawals. Amount of shares matured during the year, $4,679.92. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,097. Unpaid, none. No premium plan. Interest.paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, Nassau, New York; Queens and Suffolk counties, New York State. Largest mortgage loan outstanding, $10,000. Mortgages in force in New York State, $66,350. No foreclosures during the year. BROOKLYN CITY SAVINGS AND LOAN ASSOCIATION. No. 91 Court street, Brooklyn, N. Y. [Organized under Law of 1851. Commenced business 1887.] Officers. Names. Post-office addresses. P re sid e n t................. JOSEPH V. SCULLEY------v............ 91 Court Street. Secretary .................. GEORGE A. ROSE.............................. 91 Court Street. Treasurer ................. THOMAS J. KELLY.......................... 91 Court Street. Attorneys ................... McGUIRE, DKLANY, NIPER & CONNELLY............................... 189 Montague Street. K in d s C o u n t y . 141 ASSETS. Loans on bond and mortgage............................................................ Real estate ............................................................................................ Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $533,825 36, 000 16, 056 500 482 00 00 53 00 61 $586,864 14 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, savings shares...................................................... Due shareholders, income shares........................................................ Dividends credited .............................................................................. Balance to be paid borrowers on mortgage loans......................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. Real estate mortgages ........................................................................ Special mortgage ................................................................................ Suspense account ................................................................................ $319,812 17, 380 176,800 11,788 5, 700 12,187 28, 500 12, 000 724 1, 969 73 54 00 97 00 60 00 00 63 67 $586,864 14 RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment sharescredited to members............................. Dues on savings shares........................................................................ Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ........................................................................................ Fines received ...................................................................................... Interest received ....................... .......................................................... Premium received ................................................................................ Rent rece iv e d ........................................................................................ Special mortgage .................................................................................. Suspense account ................................................................................ S u n dries.................................................................................................. $24,154 94,801 19, 497 35,400 40, 625 100 237 23, 593 5, 222 2, 789 5, 050 158 65 57 87 48 00 00 00 70 96 67 34 63 13 05 $251,696 40 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Paid savings shares .......................................................................... Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid sh a res.................................................................................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage............................................ Paid r e n t ................................................................................................ Paid repairs to real estate.................................................................. Paid taxes, insurance, e tc ...................................... Paid banking department,assessment.............................................. Special mortgages ............................................................................ Special deposit ........................ General expenses.................................................................................. Accrued interest .................................................................................. $81, 100 84, 308 6 , 145 32,000 9,292 00 21 56 00 24 8 , 623 3,841 257 1,010 604 1,274 45 5,350 674 915 77 59 24 88 00 74 56 50 20 34 59 34 142 R eport on S a v in g s a n d L oan A ssociations . Appraisals ............................................................................................. S u n dries.................................................................................................. Cash on hand December 31, 1912...................................................... $115 00 3 88 16,056 53 $251,696 40 Plan, permanent. Par value of shares, $100 and $200. Instalments are $1 monthly. Shares in force January 1, 1912, 6,382%; shares issued during the year, 1,431%; shares withdrawn during the year, 1,579%; shares in force, 6,234%. Borrowing members, 170, holding 1,402% shares; non-borrowing members, 796, holding 4,832 shares. Female shareholders, 422, holding 2,394% shares. Total dividends credited members during the year on instalment shares, $11,647.63; rate, 5 per cent. Total dividends credited or paid in cash to members- during the year on other shares, $8,764.93; rate, 4% per cent, and 5 per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $6,024.71. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, Nassau, New York, Richmond, Queens and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $8,000. Mortgages in force in New York State, $530,875. No foreclosures during the year. BROOKLYN MUTUAL BUILDING AND LOAN ASSOCIATION. No. 526 Nostrand avenue, Brooklyn, N. Y. [Organized under Law o f 1851. Commenced business 1883.] Officers. Names. Post-office addresses. F. P. WISEBURN........... President 951 Lafayette Avenue. EDWARD C R O W N ............. 505 Lorimer Street. Secretary Treasurer JOSEPH RODGERS ........... 575 McDonough Street. Attorneys REMSEN & PARSONS----60 Wall St., New York, N. Y. ASSETS. Loans on bond and mortgage............................................................ Loans on sh a res..................................................................................... Cash on hand and in bank.................................................................. Furniture and. fixtures ...................................................................... Interest, premium, fees and finesdue and unpaid......................... Advances for taxes, insurance, etc................................................... Pass-books ............................................................................................... Business b u re a u ..................................................................................... $47,425 00 1, 785 00 3,572 12 66 25 120 00 141 04 25 50 15 00 $53, 149 91 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, accumulative prepaid shares.............................. Dividends c re d ite d ................................................................................. Due shareholders, matured shares..................................... .. ........... Borrowed money .................................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).............. Suspense a c c o u n t.................................................................................. $33,009 600 5, 303 11,402 2, 000 11 801 21 79 00 13 96 00 34 34 35 $53, 149 91 K in g s C o u n t y . 143 RECEIPTS. Cash on hand January 1, 1!)L2.......................................................... Dues on instalment shares credited to members........................... Dues on accumulative prepaid shares............................................... Money borrowed .................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fines received ...................................................................................... Interest rece iv e d .................................................................................. Premium received ................................................................................ Advances repaid .................................................................................. Reverted dividends .................. Suspense account ...................................... Matured shares .................................................................................... $3,492 16 10,242 47 600 00 2, 000 00 3,950 00 1,919 00 54 69 2 , 878 25 29 50 212 42 37 24 20 93 7,182 52 $32,619 18 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loans.. . Dividends paid on withdrawal, or applied on loans....................... Paid matured shares .................................... Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire........ •................................................... Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid banking department, examination........................................... Paid banking department, assessment............................................. Officers’ bonds ...................................................................................... Advances for taxes, insurance, etc................................................. Metropolitan and State League dues............................................... R ep a irs.................................................................................................... Notary fees .......................................................................................... Business bureau .................................................................................... Pass-books............................................................................................... To correct error.................................................................................... Cash on hand December 31, 1912....................................................... $8,475 2 , 035 9,433 2, 473 5,891 40 206 75 120 16 3 00 00 41 57 40 00 00 67 00 00 66 8 00 206 75 11 00 6 60 2 00 15 27 1 3, 572 00 00 00 12 $32,619 18 Plan, serial. Par value of shares. $200. Instalments are $1 monthly. Shares in force January 1, 1912, 828; shares issued during the year, 189%; shares withdrawn during the year, 200%; shares in force, 817. Borrowing members, 25, holding 240 shares; non-borrowing members, 105, holding 577 shares. No record of female shareholders. Total dividends credited mem bers during the year on instalment shares, $1,779.50; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $529.33; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $37,24. No unpaid withdrawals. Amount of shares matured during the year, $7,182.52. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $431.77. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, Queens, Richmond and Westchester coun ties, New York State. Largest mortgage loan outstanidng, $4,000. Mortgages in force in New York State, $47,425. No foreclosures during the year. 144 R eport on S avin g s a n d L o an A ssociations , BUSHWICK CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 612 Grand street, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. C. F. CANFIELD............................... WILLIAM A. ERNST...................... DANIEL CANTY ............................. J. P. JUDGE...................................... Post-office addresses. 114McDonough Street. 74 Van Buren Street. 134 McDonough Street. 189Montague Street. ASSETS. Loans on bond and mortgage.............................................................. Loans on shares..................................................................................... Real estate ............................................................................................. Cash on hand and in bank.................................................................. Furniture and fixtures...................................................................... Advances for taxes, insurance, e tc ................................ Deposit on meter........................................................ : ........................ $134, 250 1,060 10,799 10, 815 450 116 20 00 00 37 00 00 2700 $157,510 64 LIABILITIES. Due shareholders, instalment sh ares,............................................. Due shareholders, income shares........................................................ Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... Suspense account ................................................................................ $123,920 20,500 5, 516 7,500 73 73 00 73 00 18 $157,510 64 RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members............................. Dues on income shares........................................................................ Money b orrow ed ..................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Interest received ................................................................................. Premium received ............................................................................... Rent received ......................................................................................... Advances repaid ................................................................................... Special deposit ..................................................................................... Suspense account ................................................................................. $3, 749 26,966 4, 800 10, 500 27,000 4.093 8 , 738 916 931 655 42 49 16 00 00 00 00 39 74 40 95 50 1 39 $88,395 02 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid income shares............................................................................ Cash dividends paid on income and accumulative ' prepaid sh ares.................................................................................................... Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............. Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage........................................... Paid r e n t ........................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................... $13,000 00 2,21'3 00 35,215 65 2,100 00 899 76 2 , 000 00 18,500 00 147 2,261 108 420 51 300 39 52 49 00 65 67 145 K in g s C o u n t y . Paid banking department, examination................................................. Paid banking department, assessment.......................................... Attorney f e e s ........................................................................................ Appraisal fees ...................................................................................... Suspense account ................................................................................ General ex p en se............................................................................................. Cash on hand December 31, 1912........................................................ 10, $3000 12 67 89 00 27 50 50 20222 815 00 $88,395 02 Plan, permanent. Par value of shares, $100 and $250. Instalments are 10 cents and 25 cents weekly. Shares in force January 1, 1912, 3,264; shares issued during the year, 1,091; shares withdrawn during the year, 995; shares in force, 3,360. Borrowing members, 49, holding 595 shares; non-borrowing members, 315, holding 2,765 shares. Female shareholders, '121, holding 667 shares. Total dividends credited members during the year on instalment shares, $5,804.21; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $899.76; rate, 5 per cent. No unpaid withdrawals. Amount of shares matured during the year, $2,000. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,042.23. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 6 7/10 cents monthly. Loans have been made in Kings and Queens counties, New York State. Largest mortgage loan outstanding, $7,500. Mortgages in force in New York State, $134,250. No foreclosures during the year. EAGLE SAVINGS AND LOAN COMPANY. No. 186 Remsen street, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P resid en t.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1891.] Names. ELWIN S. PIP E R ............... JOSEPH WOOD ................................ JOSEPH WOOD ................................ JAMES C. McDEAR........................... Post-office addresses. 186 Remsen Street. 186 Remsen Street. 186 Remsen Street. 189 Montague Street. ASSETS. Loans on bond and mortgage........ , ...................... Loans on shares .......................................................... Real estate .................................................................... Cash on hand and in bank....................................... Furniture and fixtures............................................... Interest, premium, fees and fines due and unpaid Advances for taxes, insurance, etc......................... Bond and mortgage receivable................................. Suspense ......................................................................... $2,823, 484 19,205 270, 365 106,222 9,190 21, 450 18,716 221,607 181 95 00 27 38 18 56 71 08 13 $3, 490, 423 26 L IA B IL IT IE S . Due shareholders, instalment s h a r e s ................................... : . . . . Due shareholders, savings shares.......... ......................................... Due shareholders, income shares ................................................... Dividends credited .............................................................................. Prior mortgages .................................................................................. Earnings undivided ............................................................................ $544, 472 999,867 1, 148, 700 277, 185 436, 229 43, 448 49 95 00 40 95 15 146 R eport on S a v in g s a n d L oan A ssociations . Contingent fund (as per section 225' of Banking L a w )............ Deferred dividends ............................................................................... Accrued interest .................................................................................. $33,793 45 962 86 5 , 763 01 $3,490,423 26 RECEIPTS. Cash on hand January 1, 1912........................................................ $89,853 34 Dues on instalment shares credited to members........................... 112,573 21 Dues on savings shares...................................................................... 2,395,719 00 Dues on income shares........................................................................ 245, 600 00 Mortgages redeemed, foreclosed or transferred to real estate. . 298,316 32 Loans on shares repaid...................................................................... 35, 755 00 Real estate sold ................................................................................... 56,411 98 Fees r e ce iv e d ......................................................................................... 1, 264 60 Fines received ............................................................................................. 3,26439 Interest received ..................................................'................................ 178,329 78 Premium r eceiv ed ....................................................................................... 5,35754 Rent rece iv e d ......................................................................................... 11,423 42 Advances repaid ................................................. 31,698 87 Bonds and mortgages receivable...................................................... 10,912 98 Suspense.................................................................................................. 16, 865 99 Reverted d iv id en d s..................................................................................... 7.40492 Legal expenses ........................................................................................... 3,01765 Profit and loss................................................................................... 5,86385 Recording tax ....................................................................................... 45 00 $3,509,677 84 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on loa n s.. Paid savings shares .......................................................................... Paid income shares ............................................................................. Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid sh a re s.................................................................................................. Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid for real estate ............................................................................ Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage ....................................... Paid r e n t ...................................................... : ...................................... Paid repairs to real estate .............................................................. Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment ......................................... Advances for taxes, insurance, etc........................... ■................... Bonds and mortgages receivable.................................................... Suspense.................................................................................................. Sundry expenses ................................................................................... Legal expenses ..................................................................................... Legal papers ......................................................................................... A p p ra isa ls....................................................................................* .. .. Profit and loss * ................................................................................... Recording tax ....................................................................................... Discount on advance payfnents ........................................................ Cash on hand December 31, 1912.................................................... $195, 650 37. 165 105. 332 2, 248, 922 125, 100 114,942 00 98 60 00 58 53, 061 245,750 34, 459 69, 981 17, 852 5,124 4, 845 8 , 553 5, 305 871 265 27,095 73,713 17, 126 2, 572 4, 615 1. 610 1, 200 2, 152 128 57 106,222 95 00 95 25 00 30 00 45 44. 59 73 45 33 83 85 95 00 00 08 00 15 38 00 $3,509,677 84 K in g s C o u n t y . 147 Plan, permanent. Par value of shares, $100. Instalments are 5 cents, 12% cents, 16% cents, 25 cents, 33% cents, 50 cents and $1 monthly. Shares in force January 1, 1912, 115,263.5127; shares issued during the year, 21,412.50; shares withdrawn during the year, 115,196.1632; shares in force, 121, 479.8495. Borrowing members, 689, holding 28,234.8495 shares; non-borrowing members, 4,117, holding 93,245 shares. Female shareholders, 2,052, holding 46,162 shares. Total dividends credited members during the year on instalment shares, $38,893.55; rate, 5 per cent. Total dividends cred ited or paid in cash to members during the year on other shares, $90,843.62; rate, 4 per cent, and 5 per cent. Total dividends forfeited by withdrawing members during the year, $7,404.92. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $31,594.15. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 16% cents per share per month. Loans have been made in Kings, Nassau, New York, Queens, Richmond, Suffolk and Westchester counties, New York State. Largest mortgage loan outstanding, $18,400. Mortgages in force in New York State, $3,045,092.03. Eight foreclosures during the year. EAST BROOKLYN SAVINGS AND LOAN ASSOCIATION. No. 1012 Gates avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1885.] Names. BENJAMIN THOMPSON ............. ALFRED BAILEY .......................... JAMES B. SHAW............................ WALTER L. DURACK.................... Post-office addresses. 810 Lexington Avenue. 1012 Gates Avenue. 925 Green Avenue. 215 Montague Street. ASSETS Loans on bond and mortgage......................... Loans on shares ............................................. Real estate ...................................................... Cash on hand and in bank........................... Furniture and fixtures ................................. Advances for taxes, insurance, etc.............. $418,682 2, 500 15,000 9,907 570 342 17 00 00 42 00 46 $447, 002 05 LIABILITIES. Due shareholders, instalment shares ........................................... Due shareholders, income shares...................................................... Balance to be paid borrowers on mortgage loans......................... Prior mortgages .................................................................................. Contingent fund (as persection 225 of Banking L a w )............... Unearned or rebatablepremium........................................................ Special deposit .................................................................................... Suspense account ................................................................................ $314, 589 73,325 2 , 580 19, 200 18,200 18,749 48 309 27 00 00 00 00 82 56 40 $447,002 05 RECEIPTS. Cash on hand January 1, .1912....................................................... Dues on instalment shares credited to members........................ Dues on income shares .................................................................... $19,739 87 112,800 56 23,450 00 148 R eport on S ay ing s a n d L oan A ssociations . Prior mortgages ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Interest received ................................................................................... Rent received .............................................................. ....................... Advances repaid ................................................................................... Special d e p o s its..................................................................................... Contingent fund ................................................................................... F u rn itu re................................................................................................ $12, 250 49,245 2, 683 23, 345 2, 064 986 4 , 595 1 , 200 30 00 13 00 36 00 09 48 00 00 $252,389 49 DISBURSEMENTS. Loaned on mortgage............................................................................ $100,390 00 Loaned on shares ....................................................................................... 2,60000 Instalment dues repaid on withdrawal, or applied on loans.. 88,.529 12 Paid income shares ............................................................................. 12, 755 00 Cash dividends paid on income and accumulative prepaid sh a res......................................................................................................... 2,99172 . 8,500 00 Paid borrowed money and prior mortgages............... ................... Paid interest on borrowed money and prior mortgages.......... 1,089 85 Paid salaries and clerk-hire ............................................................ 2, 554 00 Paid advertising, printing and postage ....................................... 377 95 Paid r e n t ................................................................................................ 900 00 Paid repairs to real estate .............................................................. 197 53 Paid taxes, insurance, etc.................................................................. 1,276 16 Paid banking department, examination ....................................... 42 25 Paid banking department, assessment ......................................... 30 71 Officers’ bonds ....................................................................................... 14 00 Metropolitan and State League dues and expenses..................... 38 50 Dividends credited to members........................................................ 13,473 11 Contingent fund ............................................................ .'.................... 1,200 00 Special deposits .................................................................................. 4, 783 42 A ppraisers............................ ! ................................................................ 31 30 Janitor, light and h e a t ...................................................................... 634 65 Telephone................................................................................................ 36 00 S u n d ries.................................................................................................. 6 80 Profit and l o s s ....................................................................................... 30 00 Cash on hand December 31, 1912...................................................... 9,907 42 $252,389 49 Plan, permanent. Par value of shares, $100. Instalments are 50 cents monthly. Shares in force January 1, 1912, 7,517%; shares issued during the year, 2,730% ; shares withdrawn during the year, 1,367 1/10; shares in force, 8,880%. Borrowing members, 152, holding 2,350% shares; non-borrowing members, 1,117, holding 6,530 shares. No record of female shareholders. Total dividends credited members during the year on instalment shares, $13,473.11; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $2,991.72; rate, 5 per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $4,593.20. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, Nassau, New York, Queens and West chester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $13,500. Mortgages in force in New York State, $417,682.17. One foreclosure during the year. K in g s C o u n t y . 149 EAST NEW YORK SAVINGS AND LOAN ASSOCIATION. No. 2790 Fulton street, Brooklyn, N. Y. [Organized under Law o f 1892. Secretary .................. Treasurer ___ .•____ Attorney ................... Commenced business 1892.] MORRI-S KLEIN ............... FREDERICK BOSCHEN . . WALTER L. DURACK----- 50 Bradford Street. Hillside Bank, Richmond Hill. 215 Montague Street. ASSETS Loans on bonds and mortgage............................................................ Loans on shares .................................................................................. Contracts for the sale of real estate............................................. Real -estate .......................................................................................... Cash on hand and in bank................................................................ Furniture and fixtures ...................................................................... Advances for taxes, insurance, etc................................................. $247, 800 2, 450 1,500 20, 500 41,490 00 00 00 00 64 100 00 1,485 27 $315,325 91 L IA B IL IT IE S. Due shareholders, instalment shares ............................................. Due shareholders, income shares ............................................. Prior mortgages .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... Suspended accounts ............................................................................ Special f u n d .......................................................................................... Mortgage on real e s t a t e ...................................................................... $116, 534 127, 300 39, 000 9, 029 19, 107 350 4 4, 000 97 00 00 14 23 57 00 00 $315,325 91 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members........................... Dues on income sh a r e s........................................................................ Prior mortgages .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid .................................................................... Real estate s o l d .................................................................................... Interest received ................................................................................ Premium received ................................................................................ Rent r eceiv ed ........................................................................................ Undivided earnings ............................................................................ Real estate loss .................................................................................... Matured sh a r e s .................................................................................... Special deposits .................................................................................. Furniture loss ...................................................................................... Profit and l o s s ...................................................................................... Special fund ........................................................................................ Suspended accounts ............................................................................ Expense ................................................... (.............................................. $40,356 73,975 28, 700 2, 000 44, 400 4, 335 4, 240 13, 032 3, 528 695 677 353 1, 000 2, 752 73 15, 398 4 208 1, 963 79 19 00 00 00 00 00 56 62 05 50 11 00 59 00 67 00 52 01 $237,693 61 150 R eport on S a v in g s a n d L oan A ssociations . DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied onloa n s.. . . Paid income shares ............................................................................. Cash dividends paid on income and accumulative prepaid sh a res.................................................................................................. Paid matured shares ........................................................................ .......................... Paid borrowed money and prior mortgages Paid interest on borrowed money and prior mortgages.............. Paid for real e s t a t e .. . , .................................................................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage ....................................... Paid repairs to real estate.......................... Paid taxes, insurance, etc................................................. .................. Paid banking department, assessment........................................... Real estate profits ............................................................................... E x p en ses................................................................................................. Suspended accounts ............................................................................. Undivided earnings ............................................................................. Special d e p o s its................................................................................. Mortgage on real estate .................................................................... Interest to p r o fit s ................................................................................. Premium to profits ............................................................................. Profit and loss ..................................................................................... Cash on hand December 31, 1912.................................................... $53, 000 4, 095 55, 996 28, 500 00 78 00 7, 393 1,000 3, 000 2 , 393 3,500 1,478 194 327 1, 119 23 341 266 49 913 3, 923 6 , 000 10, 639 3, 528 8 , 519 41,490 47 00 00 43 00 46 99 05 51 11 60 45 03 31 20 00 13 62 83 64 00 $237,693 61 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly and 50 cents monthly. Shares in force January 1, 1912, 11,911; shares issued during the year, 3,122% ; shares withdrawn during the year, 2,167; shares in force, 12,866%. Borrowing members, 54, holding 2,012% shares; non-borrowing members, 667, holding 10,854 shares. No record of female shareholders. Total divi dends credited members during the year on instalment shares, $5,467.38; rate, 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $7,393.47; rate, 6 per cent. No unpaid withdrawals. Amount of shares matured during the year, $1,000. Operating expenses, as defined -in section 227 of the Banking Law, incurred and paid during the year, $1,939.90. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5% per cent, and 6 per cent. Premium paid by borrowing members, per cent, and 1 per cent. Loans have been made in Kings, Nassau and Suffolk counties, New York State. Largest mortgage loan outstanding, $19,400. Mortgages in force in New York State, $247,800. One foreclosure during the year. 2% EQUITABLE CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 124 Court street, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary ................... Treasurer ................. Attorney..................... Commenced business 1888.] Names. JAMES P. JUDGE............................... THOMAS M. MANNION.................. J. M. LENNON..................................... JAMES P. JUDGE............................ Post-office addresses. 189 Montague Street 244 Macon Street. 804 Sterling Place. 189 Montague Street K in g s C o u n t y . 151 ASSETS. Loans on bond and mortgage............................................................ Real e s t a t e ............................................................................................ Casb on hand and in bank.................................................................. Furniture and fixtures ...................................................................... Advances for taxes, insurance, e tc ................................................. $205,025 00 4,015 97 9,147 84 200 00 105 53 $218,494 34 LIABILITIES. Due shareholders, instalment shares............................................. Due shareholders, income shares..................................................... Dividends credited .............................................................................. Earnings undivided ............ Contingent fund (as per section 225 of Banking L a w ).............. Interest payable .................................................................................. $150, 086 42, 800 7,452 4,678 12, 525 952 47 00 19 10 02 47 $218,494 34 RECEIPTS. Cash on hand January 1, 19d2.......................................................... Dues on instalment shares credited to members........................... Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Interest re ceiv ed .................................................................................. Rent r eceiv ed ........................................................................................ Advances repaid .................................................................................. Rebate from gas company.................................................................. Rebate of taxes .................................................................................. Cash over .............................................................................................. $ 8 ,8 8 8 42, 859 7,725 39,100 275 13, 746 125 1, 390 86 31 00 00 00 55 00 40 1 50 65 89 5 00 $114,182 51 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. .. Paid income shares.............................................................................. Cash dividends paid on income and accumulative prepaid sh ares.................................................................................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid banking department, examination......................................... Paid banking department, assessment........................................... Advances for taxes, insurance, e tc ................................................. General expenses............................................................................. Moving expenses.................................................................................. Sundries ................................................................................................. Cash on hand December 31, 1912...................................................... $23,950 275 67, 260 6 , 300 00 00 19 00 1, 877 2, 597 52 500 36 17 1,352 238' 548 27 9,147 56 84 75 00 94 72 40 60 67 00 84 $114, 182 51 Plan, permanent. Par value of shares, $250 and $100. 25 cents and 10 cents weekly. Instalments are 152 R eport on S a v in g s a n d L o an A ssociations . Shares in force January 1 , 1912, 6,192; shares issued during the year, 735; shares withdrawn during the year, 762; shares in force, 6,165. Borrowing members, 69, holding 712 shares; non-borrowing members, 310, holding 5,453 shares. No record of female shareholders. Total dividends credited members during the year on instalment shares, $7,452.19; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,877.56; rate, 4% per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,387.69. Unpaid, none. Premium plan, premium interest. Interest paid by borrowing members, 5 per cent, and 6 per cent. Piemium paid by borrowing members, per cent. Leans have been made in Kings, New York, Queens and Richmond counties, New York State. Largest mortgage loan outstanding, $6,500. Mortgages in force in New York State, $205,025. No foreclosures during the year. 1% FIFTH AVENUE SAVINGS AND LOAN ASSOCIATION. No. 483a Fifth avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. President .. Secretary .. Treasurer . Attorney .. Commenced business 1890.] Names. WM. M. KELLOGG.......................... STEPHEN Y. MCNAIR.................... WM. J. ALLEN................................ JAMES P. JUDGE............................ Post-office addresses. 488 Thirteenth Street. 1837 ©1st Street. 505 Sixth Avenue. 189 Montague Street. ASSETS. loa n s on bond and mortgage............................................................ Leans on shares .................................................................................. Real e s t a t e ............................................................................................. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $96,000 1, 350 6 , 689 2, 353 50 796 00 00 42 28 00 74 $107,239 44 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund s(as per section 225 of Banking L a w )............ $42,967 51, 087 2, 954 10,229 61 50 40 93 $107,239 44 RECEIPTS. Cash on hand January 1, 19121.......................................................... Dues on instalment shares credited to members........................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Interest r eceiv ed ................................................................................... Premium receiv ed ................................................................................. Rent receiv ed ......................................................................................... $10, 017 9,777 1, 500 11,500 2, 725 5, 304 848 191 37' 43 00 00 00 38 04 88 $41,864 10 K in g s C o u n t y . 153 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . . Dividends paid on withdrawal, or applied on loans...................... Paid borrowed money and prior mortgages.............. Paid interest on borrowed money and prior mortgages.......... Paid for real estate.............................................................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent .............................................................................................. Paid repairs to real estate.................................................................. Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... Officers’ bonds ...................................................................................... State League dues................................................................................ Attorney f e e s ........................................................................................ Auditor’s fe e s ........................................................................................ Cash on hand December 31, 1912..................................................... $16,750 00 2, 045 00 10, 003 39 411 50 1,500 00 12 92 5,977 02 734 0 120 30 216 00 258 40 469 00 15 50 778 5 00 5 00 50 00 30 00 2,353 28 $41,864 10 Plan, permanent. Par value of shares, $250 and $100. Instalments are 25 cents and 10 cents weekly. Shares in force January 1, 1912, 2,293; shares issued during the year, 234; shares withdrawn during the year, 116; shares in force, 2,411. Borrowing members, 34, holding 384 shares; non-borrowing members, 178, holding 2,027 shares. Female shareholders, 75, holding 840 shares. Total dividends credited members during the year on instalment shares, $4,746.96; rate, 5% per cent. Total dividends forfeited by withdrawing members during the year, $411.50. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,110.31. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5% pen cent. Premium paid by borrowing members, 2 cents to 10 cents per share per week. Loans have been made in Kings county, New York State. Largest mort gage loan outstanding, $6,500. Mortgages in force in New York State, $96,000. No foreclosures during the year. FLATBUSH CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 828 Rogers avenue, Brooklyn, N. Y. [Organized under Law of 1887. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. JOHN M cE L V E R Y ............................ JOSEPH F. CURREN......................... GEORGE W. EGBERT........................ JOHN D. PRINCE, J R ........................ Post-office addresses. 342 Lenox Road. 828 Rogers Avenue. 126 E. 19th Street. 166 Montague Street. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $157,700 675 3, 023 125 478 63 00 52 00 61 $162,002 76 154 R eport on - S av in g s a n d L oan A ssociations . LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium........................................................ Advance payments .......................•....................................................... $122,292 28, 2.16 6,366 4,837 290 00 84 18 74 00 $162,002 76 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fees r e ce iv e d ......................................................................................... Fines received ....................................................................................... Interest received ........................................................................ .. Premium received .............................................................................. Appraisers’ fees ..................................................................................... Miscellaneous ........................................................................................ $13,283 21, 833 4, 287 2,075 66 100 6 , 433 418 40 75 01 00 50 00 50 91 80 50 00 50 $48,613 72 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or applied on loans. . . Dividends paid on withdrawal, or applied on loans.................. Paid matured sh a r e s .......................................................................... Paid salaries and clerk-hire.......................: ..................................... Paid advertising, printing and. postage......................................... Paid rent ............................................................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment............................................. General expenses........ .......................................................................... Advance in te r e st................................................................................... M iscellaneous........................................................................................ Appraisers’ f e e s .................................................................................... Cash on hand December 31, 1912................................................... $23,918 50 1 , 300 00 5, 058 00 674 36 13, 613 76 660 00 31 85 120 00 2 00 26 11 51 44 37 40 3,023 00 60 78 85 50 00 52 $48,613 72 Plan, permanent.- Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 1,877; shares issued during the year, 248; shares withdrawn during the year, 185; shares in force, 1,940. Borrowing members, 32, holding 875 shares; non-borrowing members, 201, holding 1,065c shares. Female shareholders, 89, holding 558 shares. Total dividends credited members during the year on instalment shares, $6,501.46; rate, 5.989 per cent. No unpaid withdrawals. Amount of shares matured during the year, $13,613.76. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid dur ing the year, $863.63. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent, on mortgage loans; 6 per cent, on share loans. Premium paid by borrowing members, $3.37% per share. Loans have been made in Kings and Queens counties, New York State. Largest mortgage loan oustanding, $16,708.75. Mortgages in force in New York State, $157,700.63. No foreclosures during the year. K in g s C o u n t y . 155 FORT GREENE CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 401 Bridge street, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 188®.] Names. JOHN J. KENNEY............. JOHN H. JACKSON........... WILLIAM J. L A R K IN .... HENRY E. HEISTAD......... Post-office addresses. 277 Myrtle Ave. 17 Battery Place, N. Y. City. 738 St. John's Place. 190 Montague Street. ASSETS. Loans on bond and mortgage................................... Loans on shares......................................................... Real estate .................................................................. Cash on hand and in bank....................................... Furniture and fixtures............................................. Interest, premium, fees and fines due and unpaid $101,550 11,692 6,000 6,731 100 921 00 50 00 37 00 46 $126,995 33 LIABILITIES. Due shareholders,instalment shares................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as persection225 of Banking L a w )............... Suspense account .............................................................................. Appraiser’s fee . ' ........................................................................... R e n t ......................................................................................................... $98,053 23, 116 2, 699 3,085 48 56 59 95 6 00 2 50 31 25 $126,995 33 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed,foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fees received ........................................................................................ Fines received ...................................................................................... Interest received ................................................................................ Premium received ................................................................................ Rent received ........................................................................................ Appraisal fees ...................................................................................... $4,546 23, 838 16,850 5,856 28 87 5, 735 1, 423 488 35 59 12 00 19 25 19 73 82 00 00 $58,888 89 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loans.. . Dividends paid on withdrawals, or applied on loans................... Paid matured shares ........................................................................ Paid for real estate........................................................... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................. Paid banking department, examination...................... Paid banking department, assessment........................................... Officers’ bonds ........................................................................................ State League dues .............................................................................. $8 , 100 10,068 10,029 862 14, 820 6,920 856 58 93 151 107 18 9 00 50 57 29 09 97 00 05 75 96 40 20 39 6 00 11 00 156 R epoet on S a y in g s a n d L oan A ssociations . Keys ....................................................................................................... A p p ra isers............................................ A u d ito rs.................................................................................................. Interest returned ................................................................................. Cash on hand December 31, 1912...................................................... $0 35 35 00 6 00 3 00 6,731 37 $58,888 89 Plan, permanent. Par value of shares, $200 and $250. Instalments are 25 cents weekly or $1 monthly. Shares in force January 1 , 1912, 2 , 0 9 9 shares issued during the year, 23 4% ; shares withdrawn during the year, 449% ; shares in force, 1,884 7/20; borrowing members, 25, holding 338 7/20 shares; non-borrowing members, 208, holding 1,545 shares. Female shareholders, 71, holding 393% shares. Total dividends credited members during the year on instalment shares, $5,850.53; rate, 6 per cent. Total .dividends forfeited by withdrawing mem bers during the year, $341.61. No unpaid withdrawals. Amount of shares matured during the year, $14,820.09. Entrance or membership fee, 25 cents and 50 cents per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,031.15. Operating expenses, as defined in sec tion 227 of the Banking Law, incurred during the year and remaining unpaid, $31. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, % of 1 per cent. Loans have been made in Kings and Queens counties, New York State. Largest mortgage loan outstanding, $6,500. Mortgages in force in New York State, $101,550. One foreclosure during the year. FULTON CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 177 Court street, Brooklyn, N. Y. [Organized under Law of 1861. •Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. E. DROSSE ....................................... J. F. RATHBON................................. CHARLES C. JACOBS.................... RALPH K. JACOBS........................ Post-office addresses. 25 Broad Street. 136 Willoughby Street. 796 President Street. 215 Montague Street. ASSETS. Loans on bond and mortgage................................... Loans on shares .......................................................... Real estate .................................................................... Cash on hand and in bank......................................... Furniture and fixtures .............................................. Interest, premium, fees and fines due and unpaid Rent in arrears ............................................................ $24,150 1, 328 9,250 4,731 256 30 20 00 00 00 38 10 45 00 $39,765 93 LIABILITIES. Due shareholders, instalment shares................................................ Due shareholders, income shares....................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... Mortgage on property ........................................................................ $19,686 60 9,000 00 3, 815 ‘ 57 888 76 2, 875 00 3, 500 00 $39,765 93 K in g s C o u n t y . 157 RECEIPTS. Cash on hand January 1, 1912........................................................... Dues on instalment sharescredited to members........................... Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate. . Loans on shares repaid........................................................................ Fees received ........................................................................................ Interest received ................................................................................ Kent received ........................................................................................ $1,501 7,577 3,000 3, 000 282 1 1» 402 746 78 57 00 00 00 50 15 00 $17,511 00 DISBURSEMENTS. Loaned on mortgage.............................................................................. Loaned on shares.................................................................................... Instalment dues repaid on withdrawal, or applied on loa n s.. . Paid income shares.............................................................................. Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and ■accumulative prepaid shares............................................................................. ‘..................... Paid salaries and clerk-hire............................................................... Paid advertising, printing and postage........................................... Paid banking department, examination......................................... Paid banking department, assessment........................................... Interest reb a ted .............................................................................. Sundry expenses .................................................................................. L ig h t s ............................................................................. Real estate expenses..........................................................’. ................ Cash on hand December 31, 1912.............. , ...................................... $2,600 1,535 6 , 146 200 349 00 00 69 00 72 431 337 100 18 2 25 00 80 10 69 05 57 56 19 38 6 33 56 962 4,731 $17,511 00 Plan, serial. Par value of shares $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 480%; shares issued during the year, 133; shares withdrawn during the year, 67; shares in force, 546%. Bor rowing members, 11, holding 130% shares; non-borrowing members, 59, holding 416 shares. Female shareholders, 14, holding 75 shares. Total dividends credited- members during the year on instalment shares, $1,043.90; rate 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $431.25; rate 5 per cent. No unpaid withdrawals. Entrance or membership fee, 50 cents per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $527.93. Unpaid, none. No premium plan. Interest paid by borrowing members, 5 per cent, and 6 per cent. No premium charged. Loans have been made in Kings, Queens and Richmond counties, New York State. Largest mortgage loan outstanding, $3,500. Mortgages in force in New York State, $24,150. No foreclosure^ during the year. GERMAN BUILDING AND SAVING COMPANY OF BROOKLYN, N. Y. No. 949 Willoughby avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1886.] Names. HENRY C. MACHOLD........... ADAM ARCEHNAL ............... ADAM ARCHINAL ............... GEORGE L. STAMM............... 166 272 272 140 Post-office addresses, Chauneey Street. Forest Avenue. Forest Avenue Nassau St., New York 158 R eport on S a y in g s a n d L oan A ssociations . assets. Loans on bond and mortgage............................................................ Loans on shares..................................................................................... Cash on hand and in bank.................................................................. $17,450 00 629 00 2,610 79 $20,689 79 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ............................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium........................................................ $17,672 1 , 976 399 267 374 16 06 61 18 78 $20,689 79 RECEIPTS. Cash on hand January 1, 1912................................. : ...................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fees received ....................................................................................... Fines received ......................................... ............................................. Interest re ce iv e d .................................................................................. $2, 720 5,457 1,250 1,065 117 80 1,167 56 27 00 00 69 01 18 $11,857 71 DISBURSEMENTS. Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on loans.. . Dividends paid on withdrawal, or applied on loans..................... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid r e n t ............... Paid banking department, examination ......................................... Paid banking department, assessment............................................. Officers’ b o n d s ........................................................................................ Safe deposit box..................................................................................... Cash on hand. December 31, 1912.................................................... $329 7,066 1, 305 465 46 2 15 1 00 90 85 50 15 50 50 72 8 80 5 00 2,610 79 $11,857 71 Plan, serial and permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1 , 1912, 995; shares issued during the year, 400; shares withdrawn during the year, 250; . shares in force, 1,145. Borrowing members, 11, holding 195 shares; non-borrowing members, 95, holding 950 shares. Female shareholders, 28, holding 285 shares. Total dividends credited members during the year on instalment shares, $1,043.36; rate 4 per cent. Total dividends forfeited by withdrawing members during the year, $77.94. No unpaid withdrawals. Entrance or membership fee, 25 cents per member and 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $527.95. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. Pre mium paid by borrowing members, 2 per cent. Loans have been made in Kings, Nassau and Queens counties, New York State. Largest mortgage loan outstanding, $3,500. Mortgages in force in New York State, $17,450. No foreclosures during the year. K in g s C o u n t y . 159 GERMANIA BUILDING, SAVING AND LOAN INSTITUTION. No. 1289 Myrtle avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. ARTHUR S. COLBORNE................ ADO GLAESER .............................. ARTHUR L. WISBAUER................ GEO. F. ALEXANDER.................... Post-office addresses. 1499 Broadway. 97 Stanbope Street. 393 Stanhope Street. 315 Washington Street. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid.......... .. B y -la w s................................................................................................... $3, 850 172: 55 47 12 00 67 00 89 00 $4,137 56 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, juvenile savings shares..................................... Dividends credited .............................................................................. Prior mortgages .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... $3,178 45 3 45 112 75 700 00 90 15 52 76 $4,137 56 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Dues on juvenile savings sh ares...................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ........................................................................................ Interest received .................................................................. i ............ Sale of by-laws................................................................................... Contingent fund .................................................................................. $113 30 922 90 3 45 400 00 140 00 10 40 243 29 2 30 3 00 $1,838 64 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or appliedon l oans . . . . Dividends paid on withdrawal, or applied onloans.................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Cash on hand December 31, 1912................................................... $400 1,151 53 10 25 13 12 00 22 39 43 63 00 00 30 172 67 $1,838 64 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 290; shares issued during the year, 106; shares withdrawn during the year, 70; shares in force, 326. Borrowing mem 160 R eport on S a y in g s a n d L o an A ssociations . bers, 4, holding 45 shares; non-borrowing members 36, holding 281 shares. Female shareholders, 7, holding 31 shares. Total dividends credited members during the year on instalment shares, $112.75; rate 5 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $49.06. Unpaid, none. No premium plan. Interest paid by borrowing members, 5 per cent, and 6 per cent. No premium charged. Loans have been made in Kings and Queens counties, New York State. Largest mortgage loan outstanding, $2,050. Mortgages in force in New York State, $3,450. No foreclosures during year. HAMILTON CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 496a Court street, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. J. BARTH. CRONIN............................ CHAS. J. CULLEN.............................. FRANCIS S H E A .................................. JOHN P. HURLEY.............................. Post-office addresses. 573 Clinton Street. 39 Third Place. 518 Court Street. 489 Clinton Street. ASSETS Loans on bond and mortgage....................... Loans on shares............................................... Real estate ...................................................... Cash on hand and in bank........................... Furniture and fixtures................................... Advances for taxes, insurance, e tc ............. $64,698 1,692 4,.391 23,773 374 3,097 80 90 95 36 25 88 $98,029 14 LIABILITIES. Due shareholders, instalment shares............................................. Earnings undivided ................................... ......................................... Contingent fund (as per section 225 of Banking L a w ).......... $91,444 25 2,213 95 4,370 94 $98,029 14 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members....................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Real estate sold..................................................................................... Fees received ....................................................................................... Fines received ....................................................................................... Interest received .............................................................................. Premium received ............................................................................... Rent received ....................................................................................... Advances repaid .................................................................................. Cash over ............................................................................................. D e p o s it.................................................................................................... Reverted dividends ............................................................................. Insurance premium refunded............................................................ Loss and gain....................................................................................... $9,949 41,429 7,751 1,204 6,500 34 146 4,334 1,044 420 940 7 50 12 4 40 04 87 20 00 00 25 13 14 61 00 25 74 00 30 00 42 $73,867 95 K in g s C o u n t y . 161 DISBURSEMENTS. Loaned on m ortg a g e........................................................................... Loaned on sh a re s................................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans.................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent . ................................................ Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, examination......................................... Paid banking department, assessment ....................................... , Officers’ bonds ...................................................................................... Advances for taxes, insurance, etc................................................. Metropolitan and State League dues and expenses.................... Com m issions......................................................................................... A u d ito rs................................................................................................. Ja n itress................................................................................................. Light and heat...................................................................................... Electric repairs .................................................................................. Deposit returned ................................................................................ Fines refunded .................................................................................... Cash short ............................................................................................. Loss and g ain ........................................................................................ Cash on hand December 31, 1912................................................... $2,600 00 2,487 90 36,133 15 3,876 09 1,189 75 33 81 216 00 187 10 13 50 33 50 711 12 00 2,726 01 61 00 190 00 20 00 69 00 129 29 5 78 50 00 08 13 10 40 42 23,773 36 $73,867 95 Plan, permanent. Par value of shares, $200 and $250. Instalments are 25 cents weekly. Shares in force January 1, 1912, 3,876 7/1 0; shares issued during the year, 968; shares withdrawn during the year, 754 1/10; shares in force, 4,090 6/10. Borrowing members, 27, holding 308% shares; non-borrowing members, 526, holding 3,782 shares. Female shareholders, 320, holding 2,132% shares. Total dividends credited members during the year on instalment shares, $3,876.09; rate 4% per cent. . No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,789.73. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5% per cent, and 6 per cent. Premium paid by borrowing members, 10 cents per share per week. Loans have been made in Kings county, New York State. 'Largest mort gage loan outstanding, $5,800. Mortgages in force in New York State, $64,698.80. No foreclosures during the year. MADISON CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 897 Gates avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. P rts id e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. E. O. BRAGDON..................... CHARLES F. W ILCOX........... R. J. DOBBIN.......................... GUY C. FRISBIE..................... Post-office addresses. 80 Pine Street, New York. 18 Revere Place. 690 Park Place. 132 Nassau St., New York. ASSETS. Loans on bond and mortgage.............................................................. Loans on shares............................................... ................................. 6 $75, 900 00 1,485 00 162 R eport on S a v in g s a n d L o an A ssociations . Cash on hand and in bank................................................................ Furniture and fixtures....................................... ............................ .. Advances for taxes, insurance, e tc................................................... $3,568 30 25 00 106 00 $81,084 30 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, income shares........................................................ Dividends c re d ite d ................................................................................ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... Special deposit ..................................................................................... $49,789 21,500 7, 635’ 1,117 883 158 00 00 98 43 72 17 $81,084 30 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income snares........................................................................ Prior mortgages ............................................................................ .. Money b orrow ed ......................................... Mortgages redeemed, foreclosed or transferred to real estate. . . Loans on shares repaid........................................................................ Fines received .................................................................... Interest received ................................................................................... Premium received ................................................................................ Certified check not used........................................................................ Reverted dividends .............................................................................. $1,842 16,557 3, 900 3, 000 12,200 8, 000 2, 084 63 4, 210 308 2, 400 77 06 00 00 00 00 00 00 75 41 87 00 76 $54,643 85 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loans. . . . Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid sh a res............................................................................. ; .................... Paid matured shafes .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid banking department, assessment............................................. Officers’ b o n d s ........................................................................................ Advances for taxes, insurance, etc................................................... Metropolitan and State League dues............................................. Auditors ................................................................................................. Sundry expenses . ........................................................................ Certified check ............................... ..................................................... Cash on hand December 31, 1912...................................................... $20,700 1,910 6, 417 327 00 00 00 76 931 2, 000 15,200 295 475 161 84 5 16 106 19 12 16 2, 400 3,568 00 00 00 09 00 15 00 05 00 00 00 00 50 00 30 $54,643 85 Plan, permanent. Par value of shares, $100 and $200. Instalments are $1 monthly. Shares.in force January 1, 1912, 1,042; shares issued during the year, 613; shares withdrawn during the year, 393; shares in force, 1,262. Borrowing K in g s C o u n t y . 163 members, 34, holding 404 shares; non-borrowing members, 115, holding 858 shares. Female shareholders, 44, holding 405 shares. Total dividends credited members during the year on instalment shares, $2,578.74; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $931; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $77.76. No unpaid withdrawals. Amount of shares matured during the year, $2,000. Operating expenses, as defined in section 227 o f the Banking Law, incurred and paid during the year, $783.65. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, Queens, Richmond, Rockland and West chester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $9,000. Mortgages in force in New York State, $55,100. No foreclosures during the year. MODEL BUILDING AND LOAN ASSOCIATION OF BROOKLYN, N. Y. No. 129 Ralph avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. THOMAS F. LARKIN...................... JOHN F. LYNCH.............................. FREDERICK L. JENKINS........... THORNTON J. THEALL............... Post-office addresses. 488 Decatur Street. 486-a Decatur Street. 133 Bainbridge Street. 43 Cedar Street. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Stocks and bonds.................................................................................. Real estate .......................................................................................... Cash on hand and in bank................................................................ Interest, premium, fees andfines due and unpaid....................... $39,250 1,225 2,540 500 4,279 115 00 00 00 00 77 41 $47,910 18 LIABILITIES. Due shareholders, instalment shares................................................. Due shareholders, income shares . ..................................................... Dividends credited ......................*....................................................... Prior mortgages .................................................................................. Earnings undivided ....................................... Contingent fund (as per section225 of Banking Law ) ............ Interest on mortgage.......................................................................... Special d e p o s it...................................................................................... Suspense account ................................................................................ $21,646 12, 963 2,744 4, 500 2,015 3,900 41 72 27 87 00 05 00 01 00 25 05 95 $47,910 18 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment sharescredited to members........................... Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid.....................................................................• Fees received .................................................................................. . Interest received .................................................................................. Premium receiv ed ................................................................................ Appraisers’ fees .................................................................................... Suspense account .......... ’. ................................................................... $2,992 6,649 3, 400 700 30 59 2, 397 779 5 27 97 13 00 00 00 37 11 82 00 95 $17,041 35 164 R eport on S a y in g s a n d L oan A ssociations . DISBURSEMENTS. Loaned on mortgage.................. Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid income shares................................................................................ Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid s h a r e s .................................................................................................. Paid matured shares ................................................................ .......... Paid interest on borrowed money and prior mortgages............. Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage......................................... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc.................................................................. Paid banking department, assessment.................... Officers’ bonds ............................................................. State League dues and expenses...................................................... Appraisers’ fees ................................................................................... S u n dries.................................................................................................. Cash on hand December 31, 1912.................. $1,000 625 5,440 600 581 00 00 76 00 03 524 2, 880 247 646 26 120 5 3 18 30 5 7 4,279 68 06 50 67 75 00 66 47 00 00 00 00 77 $17,04l 35 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 1,795%; shares issued during the year, 98; shares withdrawn during the year, 175; shares in force, 1,718%. Bor rowing members, 18, holding 333% shares; non-borrowing members, 106, holding 1,385 shares. Female shareholders, 47, holding 313 shares. Total dividends credited members during the year on instalment shares, $1,308.40; rate, 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $524.68; rate, 5 per cent, and 6 per cent. No unpaid withdrawals. Amount of shares matured during the year, $2,880.06. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $848.42. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, per cent. Premium paid by borrowing members, 3 cents per week. Loans have been made in Kings and Queens counties, New York State. Largest mortgage loan outstanding, $4,850. Mortgages in force in New York State, $39,250. No foreclosures during the year. 5Vs NASSAU CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 2738 Atlantic avenue, Brooklyn, N. Y. [Organized under Law of 1851. Commenced business 1889.] Officers. Names. P resident.................... CARL E. ANSELM............................ Secretary . . . . ............ M. V. DORNEY................................... Treasurer ................. GEORGE A. F. NORTH. J R .............. Attorneys ................... KIENDL, SMYTH &GROSS............. Post-office addresses. 62 Elton Street. 29 Jerome Street. 75 Barbey Street. 2590 Atlantic Avenue. ASSETS. Loans on bond and m ortgage............................................................ Contracts for the sale of real estate................................................ Real e s t a t e ............................................................................................. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $465,800 2,750 3,000 16, 869 314 40 00 00 00 83 29 83 K in g s C o u n t y . Books and stationery.......................................................................... Accrued interest ................................................................................ Special deposits .......................‘.......................................................... 165 $9 95 3, 709 78 154 83 $492,649 51 LIABILITIES. Due shareholders, dues and dividends credited on instalment sh a res.................................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. Suspense account ................................................................................ Individual account ....................................... ...................................... $473, 067 92 1, 129 29 18, 327 85 54 45 70 00 $492,649 51 RECEIPTS. Cash on hand January 1,1912............................................................ Dues on instalment sharescredited to members............................. Money borrowed .................................................................................. Mortgages redeemed,foreclosed or transferred to real estate.. Real estate s o l d .................................................................................... Fees received ........................................................................................ Interest received .................................................................................. Premium r eceiv ed ................................................................................ Rent receiv ed ........................................................................................ Advances repaid .................................................................................. Special deposit .................................................................................... Su n dries.................................................................................................. $12,338 40 161,365 67 15,000 00 59,700 00 8,911 89 199 00 24, 328 63 5, 127 05 60 70 824 96 337 56 1 25 $288,195 11 DISBURSEMENTS. Loaned on m ortg a g e............................. ............................................... Instalment dues repaid on withdrawal, or applied on loans. .. Dividends paid on withdrawal, or applied on loans.................... Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.......... Paid for real estate............................................................................ Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage........................................... Paid r e n t ................................................................... ' ........................... Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................. Paid banking departm en t............................................................... Officers’ bonds ....................................................................................... Metropolitan and State League dues............................................... L ig h ts ..............................................................., .................................... Special deposits .................................................................................. Burglar alarm .................................................................................... Sundries.................................................................................................. Cash on hand December 31, 1912...................................................... $85, 250 102,866 7,109 50, 950 15,000 217 3,454 2, 665 143 360 1,399 812 77 33 14 57 837 30 46 16,869 00 70 51 00 00 92 57 00 33 00 19 95 34 60 50 35 00 00 32 83 $288,195 11 Plan, permanent. Par value of shares, $100 and $250. Instalments are 10 cents and 25 cents weekly. Shares in force January 1, 1912, 10,814^; shares issued during the year, 3,239; shares withdrawn during the year, 1,318%; shares in force, 12,735. 166 R eport on S a v in g s a n d L oan A ssociations . Borrowing members, 96, holding 1,426 shares; non-borrowing members, 1,351, holding 11,309 shares. No record of female shareholders: Total dividends credited members during the year on instalment shares, $25,160.40; rate, 6 per cent. Total dividends forfeited bv withdrawing members during the year, $10.83. No unpaid withdrawals. Amount of shares matured during the year, $50,950. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,303.98. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 4 cents per share per week. Loans have been made in Kings, Nassau and Queens counties, New York State. Largest mortgage loan outstanding, $12,000. Mortgages in force in New York State, $465,800. One foreclosure during the year. Ys PEOPLE’S CO-OPERATIVE SAVINGS AND BROOKLYN. LOANS ASSOCIATION OF No. 14 Graham avenue, Brooklyn, N. Y. [Organized Officers. President..................... Secretary..................... Treasurer..................... Attorneys..................... under Law o f 1894. Commenced business 1895.] Names. Post-office addresses. HENRY W E IL..................... 16 Lispenard St., New York. MORRIS) HIRSCH.............. 16 Lispenard St., New York. JOEL B. GOODMAN...........45 E. 20th St., New York. WEIL & PURVIN.............. 309 Broadway, New York. ASSETS. Loans on bond and m ortgage............................................................ $64,750 00 L o a n s on s h a r e s ................................................................................................... 6 ,3 1 5 00 Stocks and bonds...................................................................... ............ Cash on hand and in hank................................................................ Interest, premium, fees and fines due and unpaid.................. .. 25,678 75 1,774 09 328 6® $98,846 52 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Earnings undivided .............. ............................................... .............. Contingent fund (as per section 225 of Banking L a w ).............. Unearned or rebatable premium...................................................... $81,703 11,374 4,539 709 519 50 71 25 77 29 $98,846 52 RECEIPTS. Cash on hand January 1,1912........................................................ Dues on instalment sharescredited to members............................. Money borrowed .................................................................................. Loans on shares repaid........................................................................ Fees received ......................................................................................... Fines received ................................................................... Interest r eceiv ed ................................................................................... Premium rece iv e d ................................................................................. $100 16,511 L 000 3,310 28 35 4,846 3 72 50 00 00 00 32 75 40 $25,840 69 K in g s C o u n t y . 167 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans.................. Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage................ Paid rent ............................................................................................... Paid banking department, assessment........................................... Officers’ bonds .................................................................................. State League dues.............................................................................. Com m issions.......................................................................................... Bonds pu rch ased.................................................................................. Appraisal fees ...................................................................................... Cash on hand December 31, 19'12................................................... $5,000 3,900 3, 669 216 1,200 72 290 33 80 6 72 5 17 9, 495 10 1,774 00 00 00 56 00 20 50 12 00 22 00 00 00 00 00 09 $25, 840 69 Plan, serial. Par value of shares, $200 and $250. Instalments are 50 cents semi-monthly. Shares in force January 1, 1912, 1,347; shares issued during the year, 86; shares withdrawn during the year, 120; shares in force, 1,313. Borrowing members, 37, holding 357 shares; non-borrowing members, 180, holding 956 shares. Female shareholders, 85, holding 481 shares. Total dividends credited members during the year on instalment shares, $3,613.98; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $54.14. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $507.62. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 10 cents semi-monthly per $1,000. Loans have been made in Kings and New York counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $11,000. Mortgages in force in New York State, $58,750. No foreclosures during the year. POLISH-AMERICAN CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 660 Third avenue, Brooklyn, N. Y. [Organized under Law of 1894. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1900.] Names. Post-office addresses. FRANK KUBINSKI ...................... 499 Atlantic Avenue. FRANK A. JUREK........................ 236 57th Street. JOHN P A S Z E K ............................... 298 'Seventh Avenue. CLEMENT F. ROZANSKI......... 17 State St., N. Y. City. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Real e s t a t e ............................................................................................ Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ $98,150 2, 340 9, 848' 6, 352 214 00 70 10 62 90 168 R eport on S ay in g s a n d L oan A ssociations . Advances for taxes, insurance, etc.................................................... Books and by-laws................................................................................. Deposit for electricity.......................................................................... A pp ra isers.......................................•...................................................... • $452 76 5 6 52 50 00 00 $117,446 34 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, accumulative prepaid snares......................... Dividends credited .............................................................................. Due shareholders, matured sh ares................................................... Balance to be paid borrowers on mortgage loans....................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. Mortgage on real estate...................................................................... $53,316 36, 853 9,837 1,449 9,700 219 1,070 5,000 67 30 11 18 00 19 89 00 $117,446 34 RECEIPTS. Cash on hand January 1,' 1912.......................................................... Dues on instalment shares credited to members............................ Dues on accumulative prepaid shares................ Mortgages redeemed, foreclosed, or transferred to real estate.. Loans on shares repaid...................................................................... Fees r e ce iv e d ......................................................................................... Fines receiv ed ......................................................................................... Interest received .................................................................................. Rent receiv ed ......................................................................................... Advances repaid ................................................................................... P ass-books.............................................................................................. Appraisers ............................................................................................. $1, 635 16,327 22,300 8,300 4,373 42 35 5, 913 920 714 9 24 98 06 37 00 48 75 62 36 50 19 45 00 $60,596 76 DISBURSEMENTS. •Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . Paid accumulative prepaid shares.................................................... Dividends paid on withdrawal, or applied on loans.................. Paid matured shares............................................................................ Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk h ire.............................................................. Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, examination......................................... Paid banking department, assessment............................................. Officers’ bonds ....................................................................................... Advances for taxes, insurance, e tc.................................................... State League dues................................................................................. Interest on mortgage............................................................................ Light and heat....................................................................................... Furniture and fixtures........................................................................ Legal services ....................................................................................... $1,700 1,645 17, 962 10,947 1,995 3,772 12, 200 578 900 91 119 226 372 16 8 35 872 5 412 13 169 57 00 00 91 07 04 39 00 27 80 18 00 03 78 25 65 00 65 00 50 84 90 35 K in g s C o u n t y . Appraisers ............................................................................................ Sign ......................................................................................................... Deposit for electricity.......................................................................... B y -la w s .................................................................................................. Sundries ................................................................................................ Cash on hand December 31, 1912..................................................... 169 $24 12 5 50 51 6, 352 00 00 00 00 53 62 $60,596 76 Plan, permanent. Par value of shares, $200. Instalments are 12% cents and 25 cents weekly. Shares in force January 1, 1912, 2,095% ; shares issued during the year, 535; shares withdrawn during the year, 545; shares in force, 2,085%. Bor rowing members, 47, holding 534% shares; non-borrowing members, 261, hold ing 1,551% shares. Female shareholders, 72, holding 301% shares. Total dividends credited members during the year on instalment shares, $2,624.93; rate, 5% per cent. Total dividends credited or paid in cash to members dur ing the year on other shares, $1,306.63; rate, 4 3/25 per cent. Total dividends forfeited by withdrawing members during the year, $251.31. No unpaid withdrawals. Amount of shares matured during the year, $5,221.57. Entrance or membership fee, 15 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,228.35. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings and Queens counties, New York State. Largest mortgage loan outstanding, $8,000. Mortgages in force in New York State, $98,150. No foreclosures during the year. PROSPECT HOME BUILDING AND LOAN ASSOCIATION. No. 336 Ninth street, between Fifth and Sixth avenues, Brooklyn, N. Y. [Organized Officers. President Secretary Treasurer Attorney under Law of 1851. Commenced business 1890.] Names. Post-office addresses. MELVIN W. MOREHOUSE.. 706 Cortelyou Road. GEORGE W. BALL W AY......... 1513 Eighth Avenue. WILLIAM M. TOMLINS___ 524 Seventh Street. TITLE GUAR. & TRUST CO. 175 Remsen Street. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Beal e s t a t e ................................................... ......................................... Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $84, 650 1,670 4, 860 6, 303' 100 826 00 00 00 07 00 44 $98, 409 51 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Due shareholders, income shares..................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Suspense a cco u n t.................................................................................. Salaries d u e .......................................................................................... $68,382 70 15, 182 44 10,550 00 2, 579 97 1,656 31 1000 48 09 $98, 409 51 170 R eport on S a v in g s a n d L o an A ssociations . RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Dues on income shares......................................... i ............................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed ortransferred to real estate.. Loans on shares repaid........................................................................ Fees r e ce iv e d ........................................................................................ Fines received .....................' ................................................................ Interest r eceiv ed ....................., ........................................................... Premium received .............. Advances repaid ................................................................................... D eposits................................................................................................... $6, 005 17,728 5, 750 715 8,300 1, 701 170 8 4, 357 1,293 145 54 09 23 00 00 00 00 91 98 52 45 7 31 $46,230 26 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares........ .......................................................................... Instalment dues repaid on withdrawal, or applied on loans. .. Paid savings shares.............................................................................. Paid income shares..................................................................... Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares ................................................................................................. Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid , for real estate............................................................................. Paid salaries and clerk h ire................................................. Paid advertising, printing and postage........................................... Paid rent ........................................................... Paid taxes, insurance, etc.................................. Paid banking department, examination......................................... Paid banking department, assessm ent........................................... Cash on hand December 31, 1912...................................................... $8', 500 1,501 11, 347 250 8,350 2,811 00 00 30 00 00 15 502 715 2 4,860 630 125 150 159 15 7 6,303 17 00 98 00 00 57 00 96 00 06 07 $46,230 26 Plan, permanent. Par value o f shares, $100. Instalments are 10 eents weekly. Shares in force January 1, 1912', 3,517; shares issued during the year, 710; shares withdrawn during the year, 475; shares in force, 3,751%. Borrowing members, 33, holding 850 shares; non-borrowing members, 182, holding 2,901% shares. Female shareholders, 79, holding 1,115 shares. Total dividends credited members during the year on instalment shares, $4,523.41; rate, 6 per cent, and 6% per cent. Total dividends credited or paid in cash to members during the year on other shares, $508.42; rate, 4% per cent, and 5 per cent. Total dividends forfeited by withdrawing members during the year, $170.91. No unpaid withdrawals. Amount of shares matured during the year, $5,750. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $905.57. Operating expenses, as defined in section 227 of the Banking Law, incurred during the year and remaining unpaid, $48.09. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 14 cents per share per month. Loans have been made in Kings county, New York State. Largest mort gage loan outstanding, $8,500. Mortgages in force in New York State, $84,650. No foreclosures during the year. K in g s C o u n t y . 171 SOUTH BROOKLYN SAVINGS AND LOAN ASSOCIATION. No, 565 Fifth avenue, Brooklyn, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1886.] Names. DAVID B. HUTTON........................ JAMES H. .STRAIN.......................... EDWARD BIRKLE ........................ WILLIAM J. BOLGER.................... Post-office addresses. 227 Brooklyn Avenue. 565 Fifth Avenue. 1521 Beverly Road. 149 Broadway, N. Y. ASSETS. Loans on bond and mortgage.......................................................... Contracts for the sale of real estate............................................... Real estate .......................................................................................... Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Special deposit .................................................................................... Due from savings and loanassociations................................. .. $970,130'00 2,400 00 25,592: 32 57,451 54 2,226 50 5,000 00 2,000 00 $1,064,800 36 LIABILITIES. Due shareholders, instalment shares............................................... Balance to be paid borrowers on mortgage loans...................... Prior mortgages ......................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )........... Suspense account ................................................................................ $954,555 1,700 12,250 22,984 72,597 713 01 00 00 12 95 28 $1,064,800 36 RECEIPTS. Cash on hand January 1,1912........................................................... Dues on instalment sharescredited to members............................. Prior mortgages .................................................................................. Mortgages redeemed,foreclosed or transferred to real estate.. Interest received ................................................................................ Premium received .............................................................................. Rent received ...................................................................................... Appraisal fees ...................................................................................... Property contracts ......................................... Fire loss ............ ................................................................................... Real estate ........................................................................................... Suspense account ................................................................... Interest accrued .................................................................................. Reserve fund ........................................................................................ $44,915 366,272 4,500 163,445 55, 630 2,670 885 235 200 1,800 628 501 33 1 43 44 00 00 61 44 00 00 00 00 45 56 96 00 $641,718 89 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Paid borrowed money and prior mortgages................................ Paid interest on borrowed money andprior mortgages................ Paid for real estate.......... ................................................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage....................................... Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................. Paid banking department, examination ..................................... Paid banking department, assessment ..................................... $171,450 00 369, 322 19 23,350 00 1,341 11 4,128 45 7,073 00 1,303 59 230 00 464 20 5.4 00 78 87 172 R eport on S a v in g s a n d L o an A ssociations . Officers’ bonds ....................................................................................... Metropolitan and State Leaguedues................................................ Telephone, light and heat.................................................................. Attorney fees ....................................................................................... Tellers’ fees ........................................................................................... J a n it o r .................................................................................................... Loaned to savings and loanassociations......................................... Fire loss ................................................................................................. Contingent fund ................................................................................... Suspense account ................................................................................. Cash on hand December 31, 1912.................................................... $80 94 357 100 15 360 2,000 1,800 628 36 57,451 00 00 56 00 00 00 00 00 45 93 54 $641,718 89 Plan, permanent. Par value of shares, $100 and 250. Instalments are 50 cents monthly. Shares in force January 1, 1912, 25,980 3/10; shares issued during the year, 4,890; shares withdrawn during the year, 5,908; shares in force, 24,962 3/10. Borrowing members, 372, holding 9,434 3/10 shares; non-borrowing members, 2,065, holding 15,528 shares. Female shareholders, 1,031, holding 9,149 3/10 shares. Total dividends credited members during the year on instalment shares, $40,137.90; rate, 5 per cent. N o unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $9,283.15. Unpaid, none. No premium plan. Interest paid by borrowing members, 5% per cent, and 6 per cent. No premium charged. Loans have been made in Kings and Queens counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $10,000. Mortgages in force in New York State, $966,630. Two foreclosures during the year. TWENTY-NINTH WARD CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 142 E. Fourth street, Brooklyn, N. Y. [Organized under Law o f 1894. Officers. President.................... Secretary .................. Treasurer ................... Attorney ................... Commenced business 1895.] Names. HENRY D O N N E L L Y ........................ ROLLA O. SMITH............................. HENRY BOESELAGER..................... HENRY E. HEISTAD...................... Post-office addresses. 113 East 4th Street. 295 Sherman Street. 2 East 7th Street. 190 Montague Street. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $16,000 372 50 7 00 35 00 45 $16,429 80 LIABILITIES. Due shareholders, instalmentshares................................................. Borrowed money ................................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).............. C om m issions.......................................................................................... $13,844 1, 500 898 180 6 67 00 63 00 50 $16,429 80 K in g s C o u n t y . 173 RECEIPTS. Cash on hand January 1, 1912......................................................... Dues on instalment shares credited to members......................... Money borrowed ................................................................................ Mortgages redeemed, foreclosed ortransferred to real estate.. Fees received ...................................................................................... Interest received ................................................................................ Premium received .............................................................................. $1,641 6,460 1,500 500 26 672 145 12 35 00 00 00 01 15 $10,944 63 DISBURSEMENTS. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or appliedon lo a n s ... Dividends paid on withdrawal, or applied onloans................. Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid banking department, exam ination ........................................ Paid banking department, assessm ent.......................................... Com m issions.......................................................................................... Notary fees .............. Cash on hand December 31, 1912............ $5,500 4,361 486 22 62 31 60 26 00 43 70 50 00 95 00 91 98 12 00 7 81 372 35 $10,944 63 Plan, permanent. Par value of shares, $250. Instalments are 25 cents weekly. Shares in force January 1, 1912, 333; shares issued during the year, 100; shares withdrawn during the year, 72; shares in force, 361. Borrowing members, 10, holding 65 shares; non-borrowing members, 93, holding 296 shares. Female shareholders, 31, holding 86 shares. Total dividends credited members during the year on instalment shares, $486.70; rate, 5 per cent. No unpaid withdrawals. Entrance or membership fee, $1 per member. Operating expenses, as defined in. section 227 of the Banking Law, incurred and paid during the year, $173.76. Operating expenses, as defined in section 227 of the Banking Law, incurred during the year and remaining unpaid, $6.50. Premium plan, premium-interest. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 5 cents per share per week. Loans have been made in Kings county; New York State. Largest mort gage loan outstanding, $3,500. Mortgages in force in New York State, $16,000. No foreclosures during the year. y5 UNION CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 1424 Fulton street, Brooklyn, N. Y. [^Organized under Law of 1851. Officers. P resid en t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1890. Laws of 1894.] Names. DANIEL S. BRUSH............... HENRY POWLES, JR........... GEORGE DOWNING ............. GILBERT P. BRUSH............. Re-incorporated under Post-office addresses. 388 Lexington Avenue. 1077 East 40th Street.' 1049 East 17th Street. 60 Wall Street, New York. 174 R eport on S a y in g s a n d L oan A ssociations . ASSETS'. Loans on bond and mortgage ........................................................ Loans on shares . . .............................................................. .............. Real estate ........................................................................................... Cash on hand and in bank........................................... Furniture and fixtures ...................................................................... Advances for taxes, insurance, etc................................................. P ass-books.............................................................................................. $25,500 3 , 570 3,311 7,235 125 33 22 00 00 47 54 00 98 00 $39,797 99 LIABILITIES. Due shareholders, instalment shares............................................. Dividends credited ............................... ............................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $31,220 6, 365 51 2,160 75 98 26 00 $39,797 99 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid .................................. Interest r eceiv ed ................................................................................... Premium re ce iv e d ................................................................................ Rent rece iv e d ......................................................................................... Advances r e p a id .......... ....................................................................... Reverted d iv id en d s............................................................................... $2,306 6,578 14, 530 395 l ; 971 72 105 193 294 59 55 00 00 55 94 00 33 39 $26,447 35 DISBURSEMENTS. Loaned on m o rtg a g e ........................................................................... Loaned on sh a res................................................................................. Instalment dues repaid on withdrawal, or applied on loans. . . Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares . . ..,....................................................................................... Paid matured s h a r e s .......................................................................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid taxes, insurance, e tc ................................................................ Paid banking department, exam ination.............................. Paid banking department, assessm ent.......................................... Officers’ b o n d s ...................................................................................... Advances for taxes, insurance, e tc................................................. Lettering window ............................................................................... Legal expenses ..................................................................................... Interest and premium overpaid ...................................................... Cash on hand December 31, 1912................................................... $5,400 1,965 5,297 2,000 955 00 00 40 00 08 50 00 1, 00 1,000 00 19 03 550 00 16 90 180 00 105 00 12 00 319 20 00 181 79 6 40 44 25 5 77 7,235 54 40Q, $26,447 35 M a d is o n C o u n t y . 175 Plan, serial. Par value of shares, $200. Instalments are 25 cents weekly. Shares in force January 1, 1912, 57 5% ; shares issued during the year, 70; shares withdrawn during the year, 126; shares in force, 519%. Borrowing members, 18, holding 208% shares; non-borrowing members, 53, holding 311 shares. No record of female shareholders. Total dividends credited mem bers during the year on instalment shares, $1,394.91; rate, 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $50; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $294.39. No unpaid withdrawals. Amount of shares matured during the year, $1,400. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $811.15. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5% per cent. Premium paid by borrowing members, 1 cent per share per week. Loans have been made in Kings, Queens and Suffolk counties, New York State. Largest mortgage loan outstanding, $4,000. Mortgages in force in New York State, $25,500. No foreclosures during the year. MADISON COUNTY. CANASTOTA SAVINGS AND LOAN ASSOCIATION. No. 1 Tabor Block, South Peterboro street, Canastota, N. Y. [Organized under Daw of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. Post-office addresses. P. F. MILMOE................................................ Canastota, N. Y. E. B. ROBERTS.............................................. Canastota, N. Y. HOWARD D. BEMISS................................ Canastota, N. Y. D. F. WALLACE............................................. Canastota, N. Y. ASSETS Loans on bond and m o r tg a g e ..................... Loans on s h a r e s ............................................. Cash on hand and in bank....................... Furniture and fixtures ............................... $70,100 2,181 1,222 215 00 00 30 00 $73,718 30 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited ......................................................'...................... Due shareholders, matured shares ................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium .................................................... $61,047 6,121 4,123 913 1,097 415 60 65 07 06 47 45 $73,718 30 RECEIPTS. Cash on hand January 1, 1912.................................... Dues on instalment shares credited to members......................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares r e p a id ...................................................................... Fees re ceiv ed ........................................................................................ Fines received ...................................................................................... $406 27,937 4,000 13,500 1,713 218 162 28 93 00. 00 00 25 40 176 R eport on S a v in g s a n d L oan A ssociations . Interest receiv ed ................................................................................... Premium received ............................................................................... School bonds ......................................................................................... $4, 319 01 174 70 500 00 $52,931 57 DISBURSEMENTS. Loaned on m ortg a g e........................................................................... Loaned on sh ares................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans................... Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid taxes, insurance, e tc ................................................................ Paid banking department, exam in ation ........................................ Paid banking department, assessm ent.......................................... B o o k s ....................................................................................................... Cash on hand December 31, 1912...................................................... $16,100 00 1,370 00 7,140 69 57027 19, 364 27 6,500 00 165 00 350 00 22 75 74 50 26 40 5 39 20 00 1,222 30 $52,931 57 Plan, permanent. Par value of shares, $100. instalments are 25 cents weekly. Shares in force January 1, 1912, 1,912; shares issued during the year, 871; shares withdrawn during the year, 520; shares in force, 2,263. Borrowing members, 97, holding 839 shares; non-borrowing members, 204, holding 1,424 shares. Female shareholders, 143, holding 875 shares. Total dividends cred ited members during the year on instalment shares, $3,453.65; rate, 5^4 per cent. Total dividends forfeited by withdrawing members during the year, $151.36. No unpaid withdrawals. Amount of shares matured during the year, $21,504.68. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $392.75. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 11 cents per share per week. Premium paid by borrowing members, 1 per cent. Loans have been made in Madison county, New York State. Largest mort gage loan outstanding, $6,000. Mortgages in force in New Y ork State, $70,100. No foreclosures during the year. ONEIDA SAVING, BUILDING AND LOAN ASSOCIATION. No. 53 Main street, Oneida, N. Y. tOrganized under Law of 1851. Commenced business 1887.] Officers. Names. Post-office addresses. President...................... J. A. FERGUSON........................................ Oneida, N. Y. Secretary ..................... F. H. MUNZ........................................................ Oneida* N. Y. Treasurer..........................F. E. WEBSTER............................................ Oneida, N. Y. Attorney ................... JOSEPH B E A L ................. •............................... Oneida, N. Y. ASSETS. Loans on bond and mortgage .......................................................... Loans on sh a re s................................................................................... Cash on hand and in bank . 4 ............................................................ Furniture and fixtures ...................................................................... $110,455 6, 675 795 219 00 00 89 38 $118,145 27 M a d is o n C o u n t y . 177 L IA B IL IT IE S . Due shareholders, instalments h a r e s ............................................... Dividends credited .............................................................................. Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section225 of Banking L a w )................ $89,385 10,353 16,500 350 1,556 00 63 00 43 21 $118,145 27 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Money b o rro w e d ..................................... .......................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid .................................................................... Fines received ...................................................................................... Interest received .................................................................................. Reverted dividends .............................................................'.............. $193 53,753 26,200 19,045 2, 360 3 6,876 675 10 46 00 00 00 66 85 66 $109,107 73 DISBURSEMENTS. Loaned on m ortg a g e........................................................................... Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans..................... Paid matured shares ............ Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage ................ Paid r e n t ............................................................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, exam ination......................................... Paid banking department, assessm ent.......................................... Officers’ bonds ...................................................................................... State League dues .............................................................................. L ig h t s ..................................................................................................... Cash on hand December 31, 1912 ...................................................... $22,100 00 2,500 00 46,661 00 2,890 54 12,569 07 19,850 00 862 62 687 50 49 00 72 00 5 4.9 30 75 8 67 10 00 5 00 10 20 795 89 $109,107 73 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 4,257; shares issued during the year, 827; shares withdrawn during the year, 1,227; shares in force, 3,857. Bor rowing members, 113, holding 1,268 shares; non-borrowing members, 330, holding 2,589 shares. Female shareholders, 144, holding 888 shares. Total dividends credited members during the year on instalment shares, $5,183.54; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $675.66. No unpaid withdrawals. Amount of shares matured during the year, $12,569.07. Operating" expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $833.70. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 5 72/100 per cent. No premium charged. Loans have been made in Madison and Oneida counties, New York State. Largest mortgage loan outstanding, $8,090. Mortgages in force in New York State, $110,455. No foreclosures during the year. 178 R eport on S a v in g s a n d L oan A ssociations . MONROE COUNTY. CITIZENS’ PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 954 Clifford avenue, Rochester, N. Y. [Organized under Law of 1851. Officers. P re sid e n t.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1886.] Names. JOSEPH WEIER .................................... GEORGE S T U R M E R .............................. FRANK X. FOERY................................. GEORGE W. THOMAS............................ Post-office addresses 952 North Street. 954 Clifford Avenue. 1040 Portland Ave. Powers Building. ASSETS. Loans on bond and mortgage.............................................................. Real e s t a t e ............................................. r ............................................. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ $7,200 3, 363 312 40 00 10 64 00 $10,915 74 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ........................................................................ ; .. Earnings undivided ............................................................................ $6, 799 25 3, 310 39 806 10 $10,915 74 RECEIPTS. Cash on hand January 1, 1912.......................................................... Rent re ce iv e d ......................................................................................... $292 96 109 00 $401 96 DISBURSEMENTS. Paid banking department, assessment............................................. Advances for taxes, insurance, e tc.................................................... Cash on hand, December 31, 1912..................................................... $0 85 88 47 . 312 64 $401 96 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 229; shares issued during the year, none; shares withdrawn during the year, none; shares in force, 229. Borrowing members, 1, holding 72 shares; non-borrowing members, 27, holding 157 shares. Female shareholders, 11, holding 92 shares. Amount of filed and unpaid withdrawals December 31, 1912, $9,335. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, none. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, $10 per share. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $7,200. Mortgages in force in New York State, $7,200. No foreclosures during the year. Ys M o n ro e C o u n t y . 179 COLUMBIA BANKING, SAYING AND LOAN ASSOCIATION. No. 337' Gregory street, Rochester, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorneys................... Commenced business 1884.] Names. EDWARD WALLIS ........... H. P. REIBLING................. LAWRENCE OBERLIES.. MORRIS and MORRIS......... Post-office addresses. 80 Alexander Street. 306 Granite Building. 704 Clinton Avenue, South. 301-302 Ellwanger & Barry Bl. ASSETS Loans on bond and mortgage....................... Contracts for the sale of real estate........ Real estate ........................................................ Cash on hand and in bank........................... $950,296 1,300 2,988 7,310 26 00 85 42 $961,895 53 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, income shares...................................................... Dividends credited .............................................................................. Balance to be paid borrowers on mortgage loans......................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium...................................................... Straight mortgages ............................................................................ Real estate contracts ..................................................... ■..................... $545,252 203, 825 83,517 12,200 36, 289 45,000 31,132 2, 896 1, 782 02 00 49 00 47 00 88 26 41 $961,895 53 RECEIPTS. Cash on hand January 1,1912............................................................ Dues on instalment sharescredited to members............................. Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate.. Real estate sold .................................................................................. Fees received ........................................................................................ Fines received ...................................................................................... Interest received .................................................................................. Premium r eceiv ed ................................................... Rent receiv ed ......................................................................................... Straight mortgages ............................................................................ Real estate contracts ........................................................................ Suspense account ........................................... $20,714 264,449 75, 350 86,050 1, 952 270 148 43. I l l 24.620 159 2, 790 1, 957 46 78 81 00 00 08 20 94 65 00 00 00 08 64 $521,620 18 DISBURSEMENTS. Loaned on mortgage...................................................................... .. Instalment dues repaid on withdrawal, or applied on loans.. Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid sh a res.................................................................................................. Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................ Paid interest on borrowed money and prior mortgages......... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage........................................ Paid rent ............................................................................................... $246,200 125,716 29, 600 5, 802 00 78 00 60 9, 374 85,310 1,600 24 2, 127 73 120 62 21 00 80 50 00 00 180 R eport on S a v in g s a n d L oan A ssociations . Paid repairs to real estate................................................................ Paid taxes, insurance, e tc.................................................................. Paid banking department, examination ....................................... Paid banking department, assessment ........................................... Officers’ bonds ....................................................................................... A ccou n tants............................................................................................ Straight mortgages ............................................................................ Premium refunded ............................................................................... Real estate contracts............................................................................. Cash on hand December 31, 1912...................................................... $36 222 64 61 36 50 4, 850 1, 087 1,952 7,310 56 37 ,36 09 00 00 00 79 08 42 $521,620 18 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 20,550*4; shares issued during the year, 7,049; shares withdrawn during the year, 3,933; shares in force, 23,666*4. Borrowing members, 431, holding 9,345 shares; non-borrowing members, 1,228, holding 14,32114 shares. Female shareholders, 744, holding 7,205 shares. Total dividends credited members during the year on instalment shares, $36,015.37; rate, 8 per cent. Total dividends credited or paid in cash to mem bers during the year on other shares, $9,374.62; rate, 5 per cent. No unpaid withdrawals. Amount of shares matured during the year, $85,310.21. Entrance or membership fee, 50 cents per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $2,406.50. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent, and 6 per cent. Premium paid by borrowing members, $10 per share. Loans have been made in Monroe county, New York State. Largest mortgage loan outstanding, $10,600. Mortgages in force in New York State, $950,296.26. No foreclosures during the year. ys CONSOLIDATED SAVING AND LOAN ASSOCIATION. No. 238 North street, Rochester, N. Y. [Organized under Law of 1851. Officers. P re sid e n t................. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. LOUIS C. LANGIE................. WILLIAM G. WOODWORTH. CHARLES C. ZOLLER........... EMIL L U D E K E N S................. Post-office addresses 238 North Street. Rochester. 238 North Street. 825 Chamber of Com. Bldg. ASSETS. Loans on bond and mortgage.............................................................. Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ $111, 675 00 7.019 08 150 00 $118.844 08 LIABILITIES. Due shareholders, instalment shares.............................................. Dividends credited ............................................................................... Earnings undivided ............................................................................ Contingent irnd (as per section 225 of Banking L a w )............ $86,269 18, 597 9, 213 4, 763 83 70 13 42 $118, 844 08 M o n ro e C o u n t y . 181 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ........................................................................................ Fines received ...................................................................................... Interest receiv ed .......................................................................... .. Premium receiv ed ................................................................................ $7,036 05 20, 375 52 32,325 00 7 25 9 06 6, 339 37 1,584 84 $67,677 09 DISBURSEMENTS. v Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loans. . . . Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid banking department, assessment............................................. State League dues and expenses........................................................ A u d ito rs................................................................................................. Appraisal f e e s ...................................................................................... Lettering windows .............................................................................. Cash on hand December 31, 1912..................................................... - — $38,900 16, 341 3, 660 1,192 330 120 8 16 40 42 4 7,019 00 68 90 50 81 00 52 85 00 25 50 08 $67,677 09 Plan, permanent. Par value of shares, $100 and $125. Instalments are 25 cents weekly. Shares in force January 1, 1912, 2,682; shares issued during the year, 466; shares withdrawn during the year, 322; shares in force, 2,826. Bor rowing members, 68, holding 1,143 shares; non-borrowing members, 206, holding 1,683 shares. Female shareholders, 96, holding 472 shares. Total dividends credited members during the year on instalment shares, $7,970.19; rate, 9 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per mem ber. Operating expenses, as defined in section 227 of the Banking Law, in curred and paid during the year, $1,742.41. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 12 cents per share per week. Premium paid by borrowing members, 3 cents and 5 cents per share per week. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding $11,000. Mortgages in force in New York State, $111,675. No foreclosures during the year. DESPATCH CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. Eyer Block, East Rochester, N. Y. [Organized under law of 1894. Commenced business 1908.] Officers. Names. Post-office addresses. President.................... B. J. FRYATT................................................. East Rochester. Secretary .................. B. R. ERW IN................................................... East Rochester. Treasurer .................' A. II. BOWN........................................................ East Rochester. Attorney ................... CLARENCE E. SHUSTER............................ Rochester. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Cash on hand and in bank................................................................ Instalments due and unpaid...................................... Interest, premium, fees and fines due and unpaid. $19,800 00 410 00 221 22 $400 90 31 00 $20,431 22 182 R eport on S a v in g s a n d L o an A ssociations . L IA B IL IT IE S . Due shareholders, instalment shares .............................................. Due shareholders, income shares .................................................... Dividends c r e d ite d ............................................................................... Balance to be paid borrowers on mortgage loans....................... Earnings undivided ............................................................................. Contingent fund (as. per section 225 of Banking L a w )............ $18, 488 300 1, 173 361 46 62 10 00 39 00 57. 16 $20,431 22 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members........................... Loans on shares repaid......................... ' . ............................................ Fees received ......................................................................................... Fines received ....................................................................................... Interest re ceiv ed ................................................................................... $505 5, 378 210 5 81 1, 086 37 10 00 00 73 91 $7,267 11 DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . Dividends paid on withdrawal, or applied on loans.................. Cash dividends paid on income and accumulative prepaid sh ares................................................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............... Paid salaries and clerk h ire.............................................................. Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid banking department, examination........................................... Paid banking department, assessment........................................... Officers’ bonds ....................................................................................... Cash on hand December 31, 1912....................................................... $3,139 250 1,207 69 00 00 00 75 40 83 2,000 00 41 35 160 00 24 15 86 00 19 50 131 7 00 . 221 22 $7,267 11 Plan, permanent. Par value of shares, $100. Instalments are 50 cents monthly. Shares in force January 1, 1912, 1,008; shares issued during the year, 32; shares withdrawn during the year, 100; shares in force, 940. Borrowing members, 12, holding 207 shares; non-borrowing members, 45, holding 733 shares. Female shareholders, 5, holding 96 shares. Total dividends credited members during the year on instalment shares, $722.22; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $40.83; rate, 5 per cent. Amount of filed and unpaid withdrawals December 31, 1912, $66. En trance or membership, fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $277.15. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $2,000. Mortgages in force in New York State, $19,800. No foreclosures during the year. M o n ro e C o u n t y . 183 DIME BANKING AND LOAN ASSOCIATION. No. 938 Clinton avenue, North, Rochester, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1886.] Names. FERDINAND SCHWAB . . . . ALEX. H. GEFELL................. CHRIS JESSEN ..................... ROBERT B. WICKES............. Post-office addresses. 8 La Force Street. 75 Huntington Park. 875 Clinton Avenue, North. Rochester. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank.................................................................. $200,400 00 14,127 12 $214,527 12 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, savings shares................................................... Due shareholders, income shares...................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............. Unearned or rebatable premium........................................................ $48,450 87,793 41,300 11,925 10, 155 10,000 4,902 07 97 00 27 81 00 00 $214,527 12 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on savings shares...................................................................... Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ........................................................................................ Fines received ...................................................................................... Interest received ................................................................................ Premium received ................................................................................ $29 37,889 105,126 41,300 21,050 318 21 10, 784 2, 000 25 89 07 00 00 70 48 00 00 $218,519 39 DISBURSEMENTS. Loaned on m ortg a g e......................................................’. ................... Instalment dues repaid on withdrawal, or applied on lo a n s ..« Paid savings shares ............................................................................ Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepared shares .................................................................................................. Paid salaries and clerk h ire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid banking department, assessment........................................... Premium rebated ................................................................................ Cash on hand December 31, 1912.................................................... $20, 000 148,005 17, 332 16,005 00 38 10 34 1,221 1,380 95 60 15 278 14,127 00 00 17 00 28 00 12 $218,519 39 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 5,607% ; shares issued during the year, 3,167; shares withdrawn during the year, 4,068% ; shares in force, 4,706. Borrowing members, 163, holding 2,055 shares; non-borrowing members, 375, 184 R eport on S a v in g s a n d L oan A ssociations . holding 2,651 shares. Female shareholders, 283, holding 3,701 shares. Total dividends credited members during the year on instalment shares, $11,070.65; rate, 10 per cent. Total dividends credited or paid in cash to members dur ing the year on other shares, $3,339.78; rate, 6 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,535.17. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 10 per cent. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $6,400. Mortgages in force in New York State, $200,400. No foreclosures during the year. y5 EQUITY CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 92 Portland avenue, Rochester, N. Y. [Organized under Law of 1894. Officers. P re sid e n t................... Secretary .................. Treasurer ................. Attorneys ................. Commenced business 1894.] Names. Post-office PETER W. SEILER................................................. i E itBERT J. MUSSMACHER............................... FRANK J. SCHWALB............................................. LEWIS, MCKAY & MCMILLAN........................... addresses. Rochester. Rochester. Rochester. Rochester. ASSETS Loans on bond and m ortgage....................... Loans on shares................................................ Cash on hand and in bank........................... Furniture and fix tu res................................... $121,680 208 5,674 301 00 00 45 00 $127,863 45 LIABILITIES. Due shareholders, instalment shares.......... ..................................... Due shareholders, savings shares.................................................... Dividends credited ............................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $30,715 78, 584 15, 324 173 3,066 59 07 38 03 38 $127,863 45 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members.......................i . Dues on savings shares.......... ........................................................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........ : ........................................................... Fees received ......................................................................................... Fines received ....................................................................................... Interest received ................................................................................. $5,408 18, 449 44,543 2, 500 20,384 1,404 42 6 7,054 36 97 21 00 00 00 50 22 77 $99,793 03 DISBURSEMENTS. Loaned on mortgage ........................................................................... Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid savings shares............................................................................. Dividends paid on withdrawal, or applied on loans................... Paid borrowed money and prior mortgages................................... $26, 988 1,196 13,879 43, 248 5,268 2, 500 00 00 83 87 38 00 M o n ro e C o u n t y . 185 Paid interest on borrowed money and prior mortgage............... Paid salaries and clerk hire................................................................ Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, assessment............................................. Officers’ bonds ...................................................................................... Finance com m ittee.............................................................................. Cash on hand December 31, 1912..................................................... $36 848 9 106 2 9 19 6 5,674 83 50 57 00 40 20 00 00 45 $99, 793 03 Plan, permanent. Par value of shares, $104. Instalments are 10 cents, 15 cents and 25 cents weekly. Shares in force January 1, 1912, 4,381; shares issued during the year, 1,040; shares withdrawn during the year, 707; shares in force, 4,714. Borrowing members, 58, holding 1,160 shares; non-borrowing members, 291, holding 3,554 shares. Female shareholders, 89, holding 776 shares. Total dividends credited members during the year on instalment shares, $1,716.22; rate, 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $3,964.22; rate, 6 per cent. No unpaid withdrawals. Entrance or membership fee, 50 cents per mem ber. Operating expenses, as defined in section 227 of the Banking Law, in curred and paid during the year, $989.07. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 5 per cent, and 6 per cent. No premium charged. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $9,256. Mortgages in force in New York State, $121,680. No foreclosures during year. FAIRPORT PERMANENT LOAN ASSOCIATION. Fairport, N. Y. [Organized under Law of 1851. Commenced business lSSS.] Officers. Names. Post-office addresses. P resid en t..................... W IL L I'M A. BEETON................................... Fairport. N. Y. Fairport. N. Y. Secretary ................... E. C. SNOW...................................................... Treasurer ................. GEORGE G. MULLINER.............................. Fairport, N. Y. ................... E. J. FISK .......................................................... Fairport. N. Y. Attorney ASSETS. Loans on bond and m ortgage............................................................ Cash on hand and in bank................................................................ Furniture and fixtures ...................................................................... $59,200 00 4,211 15 186 00 $63,597 15 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Balance to be paid borrowers on mortgage loans......................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $51,286 9, 687 275 1, 200 1,147 62 20 00 86 47 $63,597 15 186 R eport on S a v in g s a n d L oan A ssociations . r e c e ip t s . Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real estate.. Fees r e ce iv e d ......................................................................................... Fines received ....................................................................................... Interest received ................................................................................ Premium received ............................................................................... Reverted dividends ............................................................................ $6,524 25,083 16,000 29 24 2, 936 1, 138 71 08 64 00 90 90 08 81 16 $51,808 57 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. . Dividends paid on withdrawal, or applied on loans.................. Paid matured shares .......................................................................... Paid salaries and clerk h ire.............................................................. Paid banking department, assessment.............................................. Cash on hand December 31, 1912...................................................... $17,025 21, 409 1,235 7, 650 271 4 4,211 00 29 44 87 92 90 15 $51,808 57 Plan, permanent. Par value o f shares, $100. Instalments are 10 cents and 20 cents weekly. Shares in force January 1, 1912, 1,731; shares issued during the year, 299; shares withdrawn during the year, 299; shares in force, 1,731. Borrowing members, 44, holding 567 shares; non-borrowing members, 122, holding 1,164 shares. Female shareholders, 48, holding 283 shares. Total dividends cred ited members during the year on instalment shares, $3,901.29; rate, 8 per cent. Total dividends forfeited by withdrawing members during the year, $71.16. No unpaid withdrawals. Amount o f shares matured during the year, $7,650.87. Entrance or membership fee, 10 cents per share. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid dur ing the year, $271.92. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 10 cents per share per week. Premium paid by borrowing members, 4 cents per share per week. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $3,500. Mortgages in force in New York State, $58,925. No foreclosures during the year. GENESEE FALLS PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 368 Clinton avenue, North, Rochester, N. Y. [Organized under Law of 1851. Commenced business 1887.] Officers. Names. P resid en t................. JOSEPH KIPPHUT........................ Secretary .................. HENRY W. MARTENS.................... Treasurer ................. DENNIS COFFEY............... •............ Attorney ....................... HENRY W. MARTENS..................... Post-office addresses. 563 Garson Avenue. 517 E. & B. Building. 28 Ward Street. 517 E. & B. Building. ASSETS. Loans on bond and m ortgage............................................................ Real e s t a t e ............................................................................................. Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ $17,405 1, 300 267 50 00 00 50 00 $19,022 50 M o n ro e C o u n t y . 18T LIABILITIES. Due shareholders, instalment shares ............................................. Due shareholders, savings shares ................................................... Due shareholders, income shares..................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium..................................................... $2, 188 2, 418 10,500 830 1, 522 848 715 20 50 00 11 64 05 00 $19,022 50 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members............................ Dues on savings shares........................................................................ Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferredto real estate. . . Fees received ........................................................................................ Interest received .................................. Premium receiv ed ................................................................................ Rent r eceiv ed ......................................................................................... $1,320 2, 175 1, 777 1, 000 2, 820 5 968 80 174 74 73 47 00 20 30 75 00 50 $10,322 69 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loans. . . Paid savings shares ............................................................................ Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans.................. Cash dividends paid on income and accumulative prepaid s h a r e s ................................................................................................. Paid salaries and clerk hire.............................................................. Paid advertising, printing and postage........................................ Paid rent .............................................................................................. Paid repairs to real estate................................................................ Paid taxes, insurance, etc........................................... Paid banking department, assessment........................................... Cash on hand December 31, 1912................................. ‘................... $1,600 2, 360 1, 709 1, 400 449 00 93 67 00 28 1, 518 687 30 40 217 3S 1 267 75 80 75 00 90 50 61 50 $10,322 69 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 419; shares issued during the year, 100; shares withdrawn during the year, 98; shares in force, 421. Borrowing mem bers, 8, holding 168 shares; non-borrowing members, 36, holding 253 shares. Female shareholders, 13, holding 129 shares. Total dividends credited mem bers during the year on instalment shares, $114.82; rate, 644 per cent. Total dividends credited or paid in cash to members during the year on other shares, $663.92; rate, 5 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $758.55. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 5 per cent. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $4,000. Mortgages in force in New York State, $17,405. No foreclosures during the year. % 188 R eport on S a v in g s an d L oan A ssociations . HOME BUILDERS’ CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 236 State street, Rochester, N. Y. [Organized under Law of 1909. Officers. President............... Secretary . . . . . . . . Treasurer ............. Attorney ............... .. .. .. .. Commenced business 1910.] Names. Post-office addresses. PRANK H. CLEMENT............... ............. 236 State Street. WILLIAM W. W ALKER............. ............. 236 State Street. JAMES M. HARRISON............... State Street. CURTIS FITZSIMONS............... ............. 236 State Street. ASSETS. Loans on bond and mortgage .......................................................... Cash on hand and in bank.................................................................. $10, 700 00 2,538 19 $13,238 19 LIABILITIES. Due shareholders, instalment shares ............................................. Dividends credited ............................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. $12,246 314 622 54 00 65 97 57 $13,238 19 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Fees re ce iv e d ......................................................................................... Fines received ................................. •.................................................... Interest received ................................................................................. $2,075 5,646 12 3 681 88 00 00 86 11 $8,418 85 DISBURSEMENTS. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans................... Paid advertising, printing and postage......................................... Paid banking department ................................................................ Safe deposit box .......................................................................... B o o k s ................................................. ..................................................... Cash on hand December 31, 1912.................................................... $2,500 3,235 99 6 17 5 17 2, 538 00 00 41 75 O'O 00 50 19 $8,418 85 Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 492; shares issued during the year, 41; shares withdrawn during the year, 115; shares in force, 418. Borrowing members, 7, holding 56 shares; non-borrowing members, 51, holding 362 shares. Female shareholders, 9, holding 37 shares. Total dividends credited members during the year on instalment shares, $351.60; rate, 5 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $29.25. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $1,800. Mortgages in force in New York State, $10,700. No foreclosure during the year. 189 M o n ro e C o u n t y . HOMESTEAD LOAN ASSOCIATION. No. 806 Powers Building, Rochester, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1881.] Names. A'"U S WALDER................................ GEORGE W. COLBURN.................... GEORGE W. THOMAS...................... GEORGE W. THOMAS...................... Post-office addresses. 806 Powers Building. 204 Granite Building. 804 Powers Building. 804 Powers Building. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank................................................................ Advances for taxes, insurance, e tc ................................................. $60,255 00 669 94 38 76 $60,963 70 LIABILITIES. Due shareholders, instalment shares ............................................. Due shareholders, income shares ............................................... •.. Dividends credited ................................................................. Earnings undivided ............................................................................ Contingent fund (as persection 225 of Banking L a w )............ Unearned or rebatable premium ...................................................... Individual account ............................................................................ $22,594 26, 775 2,645 6,657 1,317 971 2 80 00 55 63 22 30 20 $60,963 70 RECEIPTS. Cash on hand January 1, 1912...................................................... Dues on instalment sharescredited to members............................. Dues on income shares ...................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Real estate sold ................................................................................ Fees received ...................................................................................... Fines received .................................................................................... Interest received ................................................................................ Premium receiv ed ................................................................................ Rent received ...................................................................................... Advances repaid ................................................................................ Appraisal fees .................................................................................... Expense fund ...................................................................................... Water rent refunded .......................................................................... Reserve fund ......................................................................i ................ Individual accounts .......................................................................... Land contracts .................................................................................... Dividends credited .............................................................................. $3,257 12,064 2,730 8,330 5,300 2 33 2, 660 780 154 47 58 1,084 1 162 961 2,500 2,216 73 80 00 00 00 00 80 58 00 75 79 00 70 25 00 00 00 95 $42,345 35 DISBURSEMENT'S. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans.................. Cash dividends paid on income and accumulative prepaid s h a r e s................................................................................................. Paid matured shares .......................................................................... Paid salaries and clerk-hire ............................................................ Paid r e n t ............................................................................................... Paid repairs to real estate .............................................................. Paid taxes, insurance, etc.................................................................. Paid banking department, examination........................................... $18, 880 00 9,175 35 291 30 1,257 2,205 409 100 31 122 26 50 00 75 00 19 15 00 190 R eport on S a v in g s a n d L o an A ssociations . Paid banking department,assessment............................................... A p p ra isa ls.............................................................................................. Real estate commissions .................................................................. Individual accounts ........................................................................... S u n d ries................................................................................................. Profit and loss ..................................................... Land contracts ..................................................................................... Cash on hand December 31, 1912.................................................... $4 58 133 2,966 56 3,459 2,500 669 37 00 55 00 20 05 00 94 $42,345 35 Plan, permanent. Par value of shares, $105. Instalments are 15 cents, 20 cents and 25 cents weekly. Shares in force January 1, 1912, 872; shares issued during the year, 233; shares withdrawn during the year, 137; shares in force, 968. Borrowing members, 34, holding 441 shares; non-borrowing members, 103, holding 527 shares. Female shareholders, 49, holding 380 shares. Total dividends credited members during the year on instalment shares, $954.85; rate, 5 per cent. Total dividends credited or paid in cash to members, during the year on other shares, $1,257.50; rate, 5 per cent. No unpaid withdrawals. Amount of shares matured during the year, $2,205. Entrance or membership fee, 25 cents per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $565.95. Unpaid, none. Premium plan,' gross. Interest paid by borrowing members, 10 cents per share per week. Premium paid by borrowing members, $5 per share. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $8,250. Mortgages in force in New York State, $60,255. One foreclosure during the year. HUDSON STREET PERMANENT SAVING AND LOAN ASSOCIATION. No. 217 Hudson avenue, Rochester, N. Y. [Organized under Law of 1851. Commenced business 1885.] Officers. Names. President.................... BERNARD LEUHM............................ Secretary ......................HENRY W. MARTENS....................... Treasurer ................. HENRY C. W ULLE............................ HENRY W. MARTENS....................... Attorney ................... Post-office addresses. 628 N. Goodman St. 517 E. & B. Building. 96 University Avenue. 517 E. & B. Building. ASSETS. $16,600 00 153 66 60 00 Loans on bond and mortgage Cash on hand and in bank.. Furniture and fixtures . . . . $16,813 66 L IA B IL IT IE S . Due shareholders, instalment shares.............................................. Due shareholders, savings shares .................................................... Due shareholders, income shares ................................................... Dividends credited ............................................'................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium .................................................... $4,844 829 8,155 1, 020 979 440 544 85 02 00 49 42 88 00 $16,813 66 M onroe C o u n t y . 191 RECEIPTS. Cash on hand January 1, 1912......................................................... Dues on instalment shares credited to members......................... Dues on savings sh a re s................................... ................................. Mortgages redeemed, foreclosed ortransferred to real estate.. Fines received ...................................................................................... Interest received ................................................................................ Reverted dividends ............................................................................ $217 70 1,917 98 244 00 1,400 00 1 00 919 20 49 93 $4,749 81 DISBURSEMENTS. - ......: ... -------------- Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid savings shares .......................................................................... Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares . . .......................................................................... : ............ Paid salaries and clerk-h ire............................................................. Paid r e n t ............................................................................................... Paid banking department, assessment ......................................... Cash on hand December 31, 1912..................................................... $1,322 366 2,000 169 38 00 00 39 347 359 31 1 153 00 00 00 38 66 $4,749 81 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 244; shares issued during the year, none; shares withdrawn during the year, 20; shares in force, 224. Borrowing members, 13, holding 166 shares; non-borrowing members, 20, holding 58 shares. Female shareholders, 8, holding 65 shares. Total dividends credited members during the year on instalment shares, $226.90; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $327.36; rate, 4 per cent. Total dividends forfeited by withdrawing members during the year, $49.93. Amount of filed and unpaid withdrawals December 31, 1912, $2,600. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $390. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 y5 per cent. Premium paid by borrowing members, 5 per cent. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $2,500. Mortgages in force in New York State, $16,600. No foreclosures during the year. PINNACLE AVENUE SAVINGS AND LOAN ASSOCIATION. No. 842 Clinton avenue, South, Rochester, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ..................... Commenced business 1890.] Names. Post-office addresses. CHARLES C. REHTZ.................................... Rochester. WILLIAM J. RICHTER.................................... Rochester. WILLIAM EISENBERG.................................... Rochester. WILLIAM J. RICHTER.................................... Rochester. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank................................................................ Furniture and fixtures.................. '.................................................... $95,625 00 5,206 17 50 00 $100,881 17 192 R eport on S a v in g s a n d L o an A ssociations . LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ............................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium........................................................ $79; 877 12, 040 2,215 4, 600 2,147 36 64 67 00 50 $100,881 17 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Eees received ......................................................................................... Fines received ...................................................................................... Interest received ................................................................................. Premium received ............................................................................... Reverted dividends .............................................................................. $3,158 46, 085 2, 500 10, 300 26 l 4, 531 1,323 79 78 86 00 00 25 65 72 00 46 $68,006 72 DISBURSEMENTS. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loa n s.. . : ............ Paid matured shares .......................................................................... Paid borrowed money and prior mortgages............................. . Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire.............................................................. Paid rent ............................................................................................... Paid banking department, assessment........................................... $17, 600 29,720 1, 751 10, 300 2, 500 22 758 84 6 00 41 98 00 00 92 00 00 94 A u d it o r s .......................................................................................................... 3 00 Premium rebated ................................................................................ Office supplies ....................................................................................... Cash on hand December 31, 1912...................................................... 49 00 4 30 5,206 17 $68,006 72 Plan, permanent. Par value of shares, $100. Instalments are 15 cents weekly. Shares in force January 1, 1912, l,6471/4 ; shares issued during the year, 301; shares withdrawn during the year, 197; shares in force, 1,751%. Bor rowing members, 87, holding 956% shares; non-borrowing members, 356, holding 795 shares. Female shareholders, 191, holding 873 shares. Total dividends credited members during the year on instalment shares, $4,464.38; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $79.46. No unpaid withdrawals. Amount of shares matured during the year, $10,300. Entrance or membership fee, 25 cents per share. Operating ex penses, as defined in section 227 o f the Banking Law, incurred and paid during the year, $849.30. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 10 cents per share per week. Premium paid by borrowing members, $9 per share. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding,. $5,500. Mortgages in force in New York State, $95,625. No foreclosures during the year. M onroe C o u n ty. 193 PROFIT LOAN ASSOCIATION. No. 448 Powers block, Rochester, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary ................... Treasurer ................. A tto rn e y s................. Commenced business 1886.] Names. Post-office addresses. LEWIS H. GILBERT.................................. Rochester, N. Y. WILLIAM J. TRIM BLE................................ Rochester, N. Y. JOHN H. ASHTON....................................... Rochester, N. Y. GEO. & S. C. TRUESDALE......................... Rochester, N. Y. ASSETS. Loans on bond and m ortgage............................................................ Contracts for the sale of real estate............................................... Real estate .......................................................................................... Cash on hand and in bank.................................................................. $312,600 4, 500 1,187 34,119 00 00 45 47 $352,406 92 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited ........................................... .•................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............. $234,143 81,381 27,132 9,750 05 31 56 00 $352,406 92 RECEIPTS. Cash on hand January 1, 1912......................................................... Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real estate.. Fees r e ce iv e d ........................................................................................ Fines re ce iv e d ...................................................................................... Interest received ................................................................................ Premium re ce iv e d ............................................................................... Land contracts ......................................... .......................................... $21,033 121,105 85, 200 17 114 15, 429 6 , 833 3, 300 50 60 00 50 93 99 46 00 $253,034 98 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on lo a n s .. . Dividends paid on withdrawal, or applied on loans................... Paid for real estate.............................................................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... Officers’ b o n d s ....................................................................................... Attorney f e e s ......................................................................................... Cash on hand December 31, 1912...................................................... $94,300 103, 606 18,276 1,187 1,080 79 64 65 81 24 15 134 34,119 00 09 75 45 00 00 00 75 75 97 00 75 47 $253, 034 98 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 5,402; shares issued during the year, 933; shares withdrawn during the year, 657; shares in force, 5,678. Bor rowing members, 110, holding 3,126 shares; non-borrowing members, 269, holding 2,552 shares. Female shareholders, 167, holding 1,744 shares. Total 7 194 R eport on S a v in g s a n d L o an A ssociations . dividends credited members during the year on instalment shares, $15,367.92; rate, 6 per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,238. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 10 cents per share per week. Premium paid by borrowing members, 5 cents per share per week. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $10,000. Mortgages in force in New York State, $312,600. One foreclosure during the year. ROCHESTER PERMANENT SAVINGS ASSOCIATION. No. 448 Powers block, Rochester, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1882.] Names. Post-office addresses. STEPHEN C. TRUESDALE........................ Rochester, N. Y. BERT M. PARKE S ....................................... Rochester, N. Y. BERT M. PARKES....................................... Rochester, N. Y. S. C. TRUESDALE....................................... Rochester, N. Y. ASSETS. Contracts for the sale of real estate................................................ Cash on hand and in bank................................................................ Profit and loss ..................................................................................... $829 21 2,201 24 1,225 84 $4,256 29 LIABILITIES. Due shareholders, instalment shares........ ................................ .. $4, 256 29 RECEIPTS. Cash on hand January 1, 1912.......................................................... Real estate sold..................................................................................... Interest re ceiv ed ....................... .'......................................................... Rent received ....................................................................................... Contracts .................................. Safe s o l d ................................................................................................. $322 3,500 10 184 152 25 48 00 62 00 00 00 $4,194 10 DISBURSEMENTS. Instalment dues repaid on withdrawal, or applied on loans. . . Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, assessment............................................. Real estate sold ................................................................................... Cash on hand December 31, 1912.................................................... $1,402 165 1 49 120 124 53 85 44 00 89 09 68 128 38 2,201 24 $4,194 10 Plan, permanent. weekly. Par value of shares, $100. Instalments are 10 cents M onroe C o u n t y . 195 Shares in force January 1, 1912, 120; shares issued during the year, none; shares withdrawn during the year, 1 2 0 ; shares in force, none. No unpaid withdrawals. Entrance !or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $343-23. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5% per cent. Premium paid by borrowing members, 10 cents per share per week. Loans have been made in Monroe county, New York State. No mortgage loans outstanding. No foreclosures during the year. ROCHESTER SAVING AND LOAN ASSOCIATION. No. 806 Powers building, Rochester, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1889.] Names. Post-office addresses. AMOS WALDER........................................... Rochester, N. Y. GEORGE W. THOMAS................................. Rochester, N. Y. JOHN P. SMITH............................................ Rochester, N. Y. GEORGE W. THOMAS................................. Rochester, N. Y. ASSETS. Loans on bond and mortgage .......................................................... Cash on hand and in bank........................................... ................... Advances for taxes, insurance, etc................................................. $24,556 38 1,702 19 38 57 $26,297 14 LIABILITIES. Due shareholders, instalment s h a r e s ............................................. Dividends credited ............................................................................. Contingent fund (as per section 225 of Banking L a w )............. $12,555 22 12,138 33 1,603 59 $26,297 14 RECEIPTS. Cash on hand January 1, 1 9 1 2 ........................................................ Dues on instalment shares credited to members........................... Mortgages redeemed,foreclosed or transferred to real estate.. Fines received ...................................................................................... Interest r e ce iv e d .................................................................................. Premium received .............................................................................. C on tra cts............................................................................................... F orfeitu res............................................................................................. Rent refunded ...................................................................................... $1, 385 08 4,063 72 3,900 00 152 00 894 66 165 12 549 36 8,982 46 100 95 $20,193 35 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. Dividends paid on withdrawal, or applied on loans................... Paid matured shares ........................................................................ Paid salaries <and clerk-hire................ Paid r e n t ............................................................................................... Paid banking department, assessment........................................... In ciden tals............................................................................................. Attorney fees ...................................................................................... Profit and loss...................................................................................... Cash on hand December 31, 1912............................................. $1,500 2,640 8,981 4,000 652 350 2 96 225 43 1,702 00 00 46 00 06 04 23 62 00 75 19 $20,193 35 19G R eport on S a v in g s a n d L o an A ssociations . Plan, permanent. Par value of shares, $100. Instalments are 25 cents, 50 cents and $1 monthly. Shares in force January 1, 1912, 244; shares issued during the year, none; shares withdrawn during the year, 55; shares in force, 189. Borrowing members, 4, holding 47 shares; non-borrowing members, 10, holding 142 shares. Female shareholders, 2, holding 41 shares. Total dividends credited members during the year on instalment shares, $7,970.88; rate, 200 per cent, extra dividend. Total dividends forfeited by withdrawing members during the year, $199.29. N o unpaid withdrawals. Amount of shares matured during the year, $4,000. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $997.77. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 40 cents and 45 cents per share per month. Premium paid by borrowing members, 35 cents and 40 cents per share per month. Loans have been made in Monroe county, New York State. Largest mortgage loan outstanding, $8,300. Mortgages in force in New York State, $24,556.38. No foreclosures during the year. SECURITY LOAN ASSOCIATION. No. 448 Powers building, Rochester, N. Y. [Organized under Law o f 1851. Officers. P resident.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1881.] Names. Post-office addresses. TIMOTHY DERRICK.................................... Rochester, N. Y. WILLIAM H. PARAGHER......................... Rochester, N. Y. WILLIAM H. PARAGHER......................... Rochester, N. Y. GEORGE TRUESDALE.............................. Rochester, N. Y. ASSETS. Real estate ........................................................ Cash on hand and in bank............................... $11,600 00 248 54 $11,848 54 LIABILITIES. Due shareholders, instalmentshares................................................. Dividends credited ............................................................................... Prior mortgages ............................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).............. $4,762 936 4,800 440 909 43 15 00 51 45 $11,848 54 RECEIPTS. Cash on hand January 1, 1912.......................................................... Fees re ce iv e d ......................................................................................... Rent re ceiv ed ......................................................................................... $253 52 2 25 1,051 00 $1,306 77 DISBURSEMENTS. Paid Paid Paid Paid Paid Cash interest on borrowed money and prior mortgages............ salaries and clerk-hire.............................................................. repairs to real estate................................................................ taxes, insurance, e tc .................................................................. banking department, assessment........................................... on hand December 31, 1912............................ $288 50 349 369 00 30 46 32 1 15 248 54 $1,306 7^ M onroe C o u n ty. 197 Plan, permanent. Par value of shares, $105. Instalments are 10 cents, 15 cents and 25 cents weekly. Shares in force January 1, 1912, 118; shares issued during the year, none; shares withdrawn during the year, none; shares in force, 118. No borrowing members; non-borrowing members, 14, holding 118 shares. Female share holders, 5, holding 26 shares. Amount of filed and unpaid withdrawals December 31, 1912, $4,726.43. Entrance or membership fee, 25 cents per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $50.30. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 10 cents per share per week. Premium paid by borrowing members, $10 per share. Loans have been made in Monroe county, New York State. No mortgage loans outstanding. • No foreclosures during the year. TWENTIETH WARD CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. Corner Whitney and Campbell streets, Rochester, N. Y. [Organized under Law of 1892. Commenced business 1896.] Officers. President.................... Secretary .................. Treasurer ................. Names. HENRY A. MENSING........... AUGUST J. D EN TIN GER... JOHN SEILER.......................... Attorney ................... WILLIAM F. LOVE................. Post-office addresses. 341 Campbell Street. 332 Child Street. Cor. Whitney and Campbell Streets. Rochester. ASSETS Loans on bond and mortgage....................... Cash on hand and in bank........................... $85,600 00 7,452 19 $93,052 19 LIABILITIES. Due shareholders, instalment sh ares.............................................. Dividends credited ............................................................................ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... $78,936 9, 188 3,842 1,085 25 00 15 79 $93,052 19 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed ortransferred to real estate.. Fees r e ce iv e d ........................................................................................ Fines received ....................................................................................... Interest received ................................................................................ Premium received .............................................................................. $9,060 55,195 2,700 194 67 91 00 60 2 94 4,346 72 1,155 26 $72,656 10 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans.................. Paid matured shares.......................................................................... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid r e n t ............................................................................................... $11,500 42,676 1,841 8,428 647 17 50 00 11 69 85 75 75. 00 198 R eport on S a y in g s a n d L o an A ssociations . Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Interest refunded .......................................................... ..................... Cash on hand December 31, 1912.................................................... $26 00 6 52 9 24 7*452 19 $72,656 10 Plan, permanent. Par value of shares, $100. Instalments are 10 cents and 25 cents weekly. Shares in force January 1 , 1912, 3,806; shares issued during the year, 824; shares withdrawn during the year, 497; shares in force, 4,133. Borrowing members, 63, holding 788 shares; non-borrowing members, 499, holding 3,345 shares. Female shareholders, 182, holding 1,263 shares. Total dividends credited members during the year on instalment shares, $4,140.06; rate, 6 per cent. No unpaid withdrawals. Amount of shares matured during the year, $8,428.85. Entrance or membership fee, 10 cents and 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $715.50. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 3 cents per share. Loans have been made in Monroe county, New York State. Largest mortgage loan outstanding, $5,000. Mortgages in force in New York State, $85,600. No foreclosures during the year. yB UNION PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 664 Clinton avenue, North, Rochester, N. Y. [Organized under Law of 1851. Officers. P resident.................... Secretary .................. Treasurer ................. Attorneys..................... • Commenced business 1886.] Names. ROBERT SIEBERT.............................. EDWARD A. SHULTS........................ CHARLES NUNNOLD......................... WERNER & HARRIS........................... Post-office addresses. University Avenue. 34 City Hall. 664 Clinton Ave., N. Insurance Bldg. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank.................................................................. $44, 500 00 1 , 856 68 $46,356 68 LIABILITIES. — ............ ............. Due shareholders, instalment shares ............................................. Dividends credited ............................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium ...................................................... $36, 556 7,108 1,643 684 364 35 06 35 22 70 $46,356 68 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate. . Fees received ......................................................................................... Fines received ....................................................................................... Interest received ................................................................................. Premium r e ce iv e d ................................................................................. Transfer f e e .............................................................................. $1,368 27 13,135 11 4, 500 00 19 40 2 65 2, 490 50 45 00 2 00 $21,562 93 199 M o n ro e C o u n t y . DISBU RSEM EN TS. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or applied on loa n s.. . Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage ....................................... Paid r e n t ...................................... ...................................................... Paid banking department, assessm ent.......................................... State League dues .............................................................................. Mortgage t a x ........................................................................................ Cash on hand December 31, 1912.............. *..................................... $1, 000 00 14, 723 84 3, 522 36 377 00 12 30 57 00 375 5 00 5 00 1, 856 68 $21,562 93 Plan, permanent. Par value o f shares, $100. Instalments are 10 cents weekly. Shares in force January 1, 1912, 1,123; shares issued during the year, 194; shares withdrawn during the year, 219; shares in force, 1,098. Borrowing members, 25, holding 497 shares; non-borrowing members, 102, holding 601 shares. Female shareholders, 35, holding 230 shares. Total dividends credited members during the year on instalment shares, $2,082.67; rate, 6 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $451.30. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, $4.50 per share. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $4,000. Mortgages in force in New York State, $44,500. No foreclosures during the year. % UNITED PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 510 Portland avenue, Rochester, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1886.] Names,. Post-office addresses. FRANK D. FOLSOM................................ 296 Carter Street. LEO SPIEGEL ......................................... 6 Kintz Place. LOUIS KNAPP ......................................... Clifford Avenue. JOHN B. K ILEY...................................... Powers Building. ASSETS. Loans on bond and mortgage .......................................................... Cash on hand and in bank..-............................................................ Furniture and fixtures........................................................................ $53,250 00 2,764 78 50 00 $56,064 78 L IA B IL IT IE S . Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $46,500 6 , 280 1, 848 1,435 74 60 44 00 $56,064 78 200 R eport on S a y in g s a n d L o an A ssociations . r e c e ip t s . Cash on hand January 1, 1912......................................... Dues on instalment shares credited to members............................ Mortgages redeemed, foreclosed ortransferred to real estate.. Fees re ce iv e d ......................................................................................... Fines received ....................................................................................... Interest re ce iv e d ................................................................................... Premium receiv ed ................................................................................. $1,347 43 32,153 49 7,700 00 37 00 4 00 2 , 738 50 695 05 $44,675 47 DISBURSEMENTS. Loaned on mortgage ............................................................... Instalment dues repaid on withdrawal, orapplied on loans.. Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk -h ire.............................................................. Paid advertising, printing and postage.......................................... Paid r e n t ............................................................................................... Paid banking department, assessm ent............................................ Officers’ b o n d s ......................... .'........................................................... Repairing s a f e ....................................................................................... Cash on hand December 31, 1912.................................................... $11,850 00 28,492 65 1,129 00 362 85 33 35 25 00 3 84 8 00 6 00 2, 7641 78 $44,675 47 Plan, permanent. Par value of shares, $100 and $200. Instalments are 10 cents and 25 cents weekly. Shares in force January 1, 1912, 1,188; shares issued during the year, 370; shares withdrawn during the year, 265; shares in force, 1,293. Borrowing members, 34, holding 277 shares; non-borrowing members, 216, holding 1,016 shares. Female shareholders, 98, holding 479 shares. Total dividends credited members during the year on instalment shares, $2,670.25; rate, 7 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $435.20. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 5 cents per $200 share per week. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $3,200. Mortgages in force in New Y ork State, $53,250. No foreclosures during the year. yB WADSWORTH DIME BANKING, AID AND LOAN ASSOCIATION. No. 576 Hudson avenue, Rochester, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1887.] Names. HENRY J. SIMMELINK.................... GEORGE STURMER .......................... JOSEPH P. RIBSTEIN........................ GEORGE STURMER............................ Post-office addresses. 196 Hudson Avenue. 954 Clifford Avenue. 81 Huntington Park. 954 Clifford Avenue. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank................................................................ Furniture and fixtures......................................................................... $46,100 00 923 86 40 00 $47,063 86 M onroe C o u n t y . 2 01 LIABILITIES. Due shareholders, instalment shares............................................. Due shareholders, income shares .................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............. $20,911 19,100 2, 906 1, 945 2,200 95 00 85 06 00 $47,063 86 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income shares........................................................................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Fees received ........................................................................................ Interest r eceiv ed .................................................................................. Premium receiv ed ................................................................................ $1,932 16,278 5,022 1, 000 7,700 26 2,121 1, 084 66 25 50 00 00 50 45 55 $35,165 91 DISBURSEMENTS. Loaned on mortgage .......................................................................... Instalment dues repaid on withdrawal, or applied on loa n s... Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid sh a re s.................................................................................................. Paid borrowed money and prior mortgages ............................... Paid interest on borrowed money andprior mortgages............. Paid salaries and clerk-hire............................................................. Paid banking department, examination ...................................... Paid banking department, assessment .......................................... Cash on hand December 31, 1912..................................................... $13,100 00 16, 770 85 1,976 10 919 85 1 , 000 00 10 442 20 3 923 00 00 00 25 86 $35,165 91 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly. Shares in force January 1 , 1912, 1,097; shares issued during the year, 265; shares withdrawn during the year, 186; shares in force, 1,176. Bor rowing members, 28, holding 461 shares; non-borrowing members, 68 , holding 715 shares. Female shareholders, 24, holding 248 shares. Total dividends credited members during the year on instalment shares, $1,539.70; rate, 8 per cent. Total dividends credited or paid in cash to members during the year on other shares, $919.85; rate, 6 per cent. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $442. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 5 cents per share per week. Loans have been made in Monroe county, New York State. Largest mort gage loan outstanding, $3,000. Mortgages in force in New York State, $46,100. No foreclosures during the year. y5 202 K epobt on S a v in g s a n d L o an A ssociations , WESTERN SAVINGS AND LOAN ASSOCIATION. No. 232 Pierpont street, Rochester, N. Y. [Organized nnder Law of 1892. Officers. Vice-President............. Secretary .................. Treasurer ................. Attorney ................... Commenced business 1894.] Names. Post-office addresses. THOMAS A. SMYTH..................................... Rochester, N. Y. E. C. STEPHENS......................................... Rochester, N. Y. E. C.. STEPHENS......................................... Rochester, N. Y. RICHARD E. W H ITE................................... Rochester, X. Y. ASSETS. Cash on hand and in bank................................................................ $549 29 -» LIABILITIES. Earnings undivided ............................. .■............................................. Withdrawal certificates .................................................................... Interest reserved ................................................................................... $324 41 58 88 166 00 $549 29 RECEIPTS. • Cash on hand January 1, 1912........................................................ Interest receiv ed ................................................................................... $540 78 21 51 90 DISBURSEMENTS. — ■ -------- Interest reserved.................................................................................. Withdrawal certificates ...................................................................... Undivided profits ................................................................................. Cash on hand December 31, 1912.................................................... $5 5 3 549 00 00 00 29 $562 29 Plan, serial. Par value of -shares, $100. Instalments are 25 cents, 50 cents and $1 monthly. Shares in force January 1, 1912, none; shares issued during the year, none; shares withdrawn during the year, none; shares in force, none. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year; none. Unpaid, none. N o mortgage loans outstanding. No foreclosures during the year. NASSAU COUNTY. HEMPSTEAD CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 68 Main street, Hempstead, N. Y. [Organized under Law of 1851. Officers. President.................... S ecretary................... Treasurer ................. Attorneys..................... Commenced business 1889.] Names. Post-office addresses. S. ALONZO SMITH................................ Hempstead, N. Y. GEORGE H. BAUKNEY.......................... Hempstead; N. Y. WILLIAM PLYER ................................... Hempstead, N. Y. ROBERT & A. H. SEABURY............... Hempstead, N. Y. ASSETS. Loans on bond and m ortgage............................................................ . Loans on shares .................................................................................. Cash on hand and in hank................................................................ Furniture and fixtures........................................................................ Instalments due and unpaid........................................ Interest, premium, fees and fines due and unpaid.. $167,720 11, 739 7,844 131 00 00 59 00 $1,558.00 659.11 $187,434 59 N assau C ounty. 203 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, savings shares...................................................... Due shareholders, income shares.................. Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... Deposits by borrowers........................................................................ $147,651 361 800 31,758 4, 555 2,283 25 00 00 00 23 80 56 00 $187, 434 59 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on savings shares...................................................................... Dues on income shares........................................................................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ......................................................................................... Fines received ...................................................................................... Interest received .................................................................................. Premium received .............................................................................. Deposits by borrowers....................................... .................................. $2, 116 30 28, 738 00 246 00 400 00 5, 000 00 6,680 00 3,882 00 64 00 255 18 9,155 56 1, 300 32 175 00 $58,012 36 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, orapplied on loans.. Paid savings shares ............................................................................ Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid s h a r e s ................................................................................................. Paid matured shares ........................................................................ Paid borrowed money and prior mortgages............................... Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage........................................... Paid r e n t ........................... Paid banking department, assessm ent........................................... State League dues .............................................................................. Appraisal fees ...................................................................................... Deposits returned ............................................................................... Attorney f e e s ........................................................................................ B o o k s ....................................................................................................... Cash on hand December 31, 1912...................................................... $17, 920 5, 124 12,018 162 250 3,495 00 00 00 00 00 99 23 2, 880 7,000 87 598 17 60 12 5 35 25 415 37 7,844 00 00 00 48 00 94 00 86 50 00 00 50 50 59 $58,012 36 Plan, serial. Par value of shares, $200 and $240. Instalments are $1 monthly. Shares in force January 1, 1912, 2,335; shares issued during the year, 334; shares withdrawn during the year, 258; shares in force, 2,411. Bor rowing members, 151, holding 1,008 shares; non-borrowing members, 275, holding 1,403 shares. Female shareholders, 178, holding 732 shares. Total dividends credited members during the year on instalment shares, $9,090.56; rate, 5 76/100 per cent. Total dividend credited or paid in cash to members 204 R eport on S a y in g s a n d L o an A ssociations . during the year on other shares, $32.67; rate, 4 per cent. Total dividends for feited by withdrawing members during the year, $388.01. No unpaid withdrawals. Amount of shares matured during the year, $2,880. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $718.94. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 1 per cent. Loans have been made in Nassau county, New York State. Largest mortgage loan outstanding, $3,840. Mortgages in force in New York State, $167,720. No foreclosures during the year. PORT WASHINGTON BUILDING AND LOAN ASSOCIATION OF QUEENS COUNTY, N. Y. Port Washington, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1891.] Names. Post-office addresses. CHARLES F. LEW IS.......................... Port Washington, N. Y. CHARLES E. HYDE........................... Port Washington, N, Y. ALFRED C. BAYLES......................... Port Washington, N. Y. ALLEN PERCY BAXTER................. PortWashington, N. Y. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares..................................................................................... Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Advances for taxes, insurance, etc................................................... Instalments due and unpaid........................................ Interest, premium, fees and fines due and unpaid.. $1,751.00 1,472.TO $129,800 7,025 . 16,296 153 00 00 83 19 10 00 $153,285 02 LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited .............................................................................. Balance to be paid borrowers on mortgage loans....................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).......... $113,388 28, 263 4, 300 4, 765 2,567 00 24 00 95 83 $153,285 02 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real estate.. . Loans on shares r e p a id ...................................................................... Fees received ......................................................................................... Fines received ....................................................................................... Interest received ............................................................................... Premium rece iv e d ................................................................................. Advances repaid ................................................................................... $9,399 68 24, 447 00 26, 400 00 750 00 41 50 356 37 6 , 628 88 2, 741 30 24 00 $70,788 73 DISBURSEMENTS. Loaned on mortgage ........................................................................... Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s .. . $26, 900 00 5,125 00 16, 322 00 N assau C o u n t y . Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid banking department, examination......................................... Paid banking department, assessm ent........................................... State League dues .............................................................................. Return of overpaid subscription........ ............................................ Cash on hand December 31, 1912........................................................ 205 $5,259 28 660 00 86 48 75 00 44 22 10 42 5 50 4 00 16,296 83 $70,788 73 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 2,003; shares issued during the year, 445; shares withdrawn during the year, 271; shares in force, 2,177. Bor rowing members, 54, holding 698 shares; non-borrowing members, 178, hold ing 1,479 shares. Female shareholders, 93, holding 712 shares. Total divi dends credited members during the year on instalment shares, $8,862.94; rate, 6 9/10 per cent. Total dividends forfeited by withdrawing members dur ing the year, $757.45. No unpaid withdrawals. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $826.98. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 35 cents per share per month. Loans have been made in Nassau and Queens counties, New York State. Largest mortgage loan outstanding, $5,000. Mortgages in force in New York State, $129,800. No foreclosures during the year. ROCKVILLE CENTRE SAVINGS AND LOAN ASSOCIATION. No. 76 Village avenue, Rockville Centre, N. Y. [Organized Officers. President.................... Secretary .................. Treasurer ................. under Law of 1851. Commenced business 1889.] Names. Post-office addresses. O. BYRON* LATIMER........................ Rockville Centre, N. Y NELLIE P. O’N EILL........................ Rockville Centre, N. Y. WILLIAM H. CONNELL.................. Rockville Centre, N. YASSETS. Loans on bond and m ortgage............................................................ Loans on sh a res................................................................................... Cash on hand and in bank................................................................ $22,350 00 2,228 37 700 46 $25,278 83 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .......................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 o f Banking L a w ).......... $18,544 4,254 979 1,500 23 67 93 00 $25,278 83 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... $4, 316 7,571 1,500 4,500 9,003 99 16 00 00 38 20 6 R eport on S a v in g s a n d L o an A ssociations . Fees received ......................................................................................... Interest received ................................................................................. Premium rece iv e d ................................................................................ $4 00 1,657 15 220 77 $28,773 45 D ISB U R SEM E N TS. Loaned on m ortg a g e........................................................................... Loaned on shares . . . .................................................................. Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal, or applied on loans................... Paid matured shares ........................................................................ Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire............................................................ ; Paid advertising, printing and postage......................................... Paid r e n t ............................................................................................... Paid banking department, assessment........................................... Cpsh on hand December 31, 1912........ .'........................................... $8,700 4,005 10,574 2,154 00 00 20 92 1 ,0 0 2 40 1,500 00 45 26 50 00 3 96 35 00 2 25 700 46 $28,773 45 Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 333; shares issued during the year, 54; shares withdrawn during the year, 67; shares in force, 320. Borrowing members, 8 , holding 112 shares; non-borrowing members, 41, holding 208 shares. Female shareholders, 2 0 , holding 150 shares. Total dividends credited members during the year on instalment shares, $2,324.32; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $47.70. No unpaid withdrawals. Amount o f shares matured during the year, $1,002.40. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $88.96. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 . per cent. Premium paid by borrowing members, 18 cents per share per month. Loans have been. made in Nassau county, New York State. Largest mortgage loan outstanding, $4,100. Mortgages in force in New York State, $22,350. No foreclosures during the year. NEW YORK COUNTY. AMERICAN CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 147 East 125th street, New York, N. Y. [Organized under Law of 1887. Officers. P resident.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888. Laws of 1894.] Names. DAVID ALLAN................................ ARCHIBALD W. MCEWAN......... GEORGE J. ELLIOTT.................. MARTIN S. COHEN...................... Reorganized under Post-office addresses. 1044 Fox Street. 2161 Bathgate Avenue. Ridgefield Park, N. J. 302 Broadway. . ASSETS. Loans on bond and m ortgage........................................... ................ Loans on sh a re s................................................................................... Cash on hand and in bank................................................................ $40,250 00 1,380 00 736 98 $42,366 98 !Ne w Y o r k C o u n t y . 207 LIABILITIES. Due shareholders, instalment shares ........................................... Due shareholders, income shares..................................................... Dividends credited ............................................................... ’ ............ Balance to he paid borrowers on mortgage loans....................... Borrowed money ............................................................................ ... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... Deposit on loans.................................................................................. $25,243 6 , 200 3,269 3,200 1 ,975 895 1,558 25 75 00 88 00 00 35 00 00 $42,366 98 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares creditedto members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fines received ...................................................................................... Interest received ................................................................................ Deposit on loans.................................................................................. $2,942 7,674 700 3,900 950 3 2,258 30 34 75 00 00 00 44 19 00 $18,458 72 DISBURSEMENTS. Loaned on m ortg a g e.................................................... ...................... Loaned on sh a res................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. . Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares ................................................................................................. Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire. . . ; ...................................................... Paid advertising, printing and postage......................................... Paid rent .............................................................................................. Paid hanking department, examination.......................................... Paid banking department, assessment ......................................... Office expenses .................................................................................... Deposit on loans.................................................................................. Cash on hand December 31, 1912...................................................... $9,300 1,675 4, 784 600 310 00 00 00 00 63 320 83 106 16 200 00 5830 240 00 12 00 2 82 82 00 30 00 736 98 $18,458 72 Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 736%; shares issued during the year, 199; shares withdrawn during the year, 8 6 ; shares in force,' 849%. Borrowing members, 20, holding 156% shares-; non-borrowing members, 110, holding 693 shares. Female shareholders, 26, holding 134 shares. Total dividends credited members during the year on instalment shares, $922.51; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $320.83; rate, 5 per cent. Total dividends forfeited by withdrawine members during the year, $38.95. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $580.30. Unpaid, non-. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in New York, Kings, Queens, Richmond and West chester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $4,700. Mortgages in force in New York State, $31,050. No foreclosures during the year. 208 R eport on S a v in g s a n d L o an A ssociations . BANE CLERKS' CO-OPERATIVE BUILDING AND LOAN ASSOCIATION OF NEW YORK CITY. No. 26 Broadway, New York, N. Y. [Organized under Law o f 1851. Officers. President.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1890.] Names. WILLIAM J. NEVIUS........... CHARLES S. GAUBERT____ WILLIAM H. JUDSON........... HERBERT REEVES ................ Post-office addresses. S. Orange. N. J. Box 25, Sta. W, Brooklyn. 26 Broadway. 55 Liberty Street. ASSETS. Loans on bond and mortgage............................................................ Loans on sh a res.......................................... ......................................... Contracts for the sale of real estate................................................ Cash on hand and in bank............................................................ .. Advances for taxes, insurance, etc.................................................... Accrued interest ................................................................................... Instalments due and unpaid........................................... Interest, premium, fees and fines due and unpaid.. $733,600 47,057 8,652 15,297 945 3,850 00 00 36 28 88 66 $271.00 303.71 $809,403 18 LIABILITIES. Due shareholders, instalment s h a r e s ....................... ...................... Due shareholders, income shares .................................................... Dividends credited ............................................................................... Balance to be paid borrowers on mortgage loans....................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )........... Deposits to secure loans.................................................................... $542,166 121,500 96, 498 35,050 1,723 12,000 465 00 00 07 00 91 00 20 $809,403 18 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members....................... Dues on income shares .................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Real estate sold................................................................................... Fines received ........................................................... Interest received ................................................................................. Advances repaid ........................................................... Deposits to secure loans.................................................................... $12,277 05 164,153 00 40,900 00 54,200 00 40,335 OO 752 35 103 79 41,821 68 160 00 1,713 09 $356,415 96 DISBURSEMENTS. Loaned on m ortg a g e........................................................................... Loaned on sh a re s................................................................................. Instalment dues repaid on withdrawal, or applied on loa n s.. Paid income shares ............................................................................. Dividends paid on withdrawal, or applied on loans............... Cash dividends paid on income and accumulative prepaid s h a r e s .................................................................................................. Paid matured shares ........................................................................ Paid borrowed money and prior mortgages............................... Paid interest on borrowed money and prior mortgages............. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage....................................... $142,750 36,959 84,158 6 ,100 9,145 00 00 00 00 12 6,427 30,001 20,000 184 2,150 507 67 01 00 72 00 02 209 N ew Y oke C ounty. Paid banking department, examination......................................... Paid banking department, assessment .................. Officers’ bonds ...................................................................................... Advances for taxes, insurance, etc................................................. A u d ito r s ..................... '......................................... ................................. Directors’ fees ................................................... . .............................. Safe deposit vault ............................................................. General expenses ................................................................................ Deposits to secure loans repaid........................................................ Cash on hand December 31, 1912..................................................... $60 52 24 159 75 733 50 151 1,430 15,297 00 42 00 86 00 00 00 67 19 28 $356,415 96 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 13,492%; shares issued during the year, 4,334% ; shares withdrawn during the year, 3,168% ; shares in force, 14,658%. Borrowing members, 191, holding 3,660 shares; non-borrowing members, 1,572, holding 10,998% shares. Female shareholders, 484, holding 3,471 shares. Total dividends credited members during the year on instalment shares, $30,703.37; rate, 5% per cent. Total dividends credited or paid in cash to members during the year on other shares, $6,427.67; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $1,437.63. No unpaid withdrawals. Amount of shares matured during the year, $30,001.01. Operating expenses, as defined in section 227 o f the Banking Law, incurred and paid during the year, $3,690.69. Unpaid, none. N o premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, Nassau, New York, Queens, Eichmond. Suffolk and Westchester counties, New York State, and in Connecticut and New Jersey. Largest mortgage loan outstanding, $12,000. Mortgages in force in New York State, $309,750. No foreclosures during the year. BANKERS’ LOAN AND INVESTMENT COMPANY. Nos. 74 and 76 W all street, New York, N. Y. [Organized under Law o f 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1890.] Names. Post-office addresses. CLARENCE W. CLARK.................................. 74 Wall Street. JOHN C. TEN EYCK..................................... 74 Wall Street. CLARENCE W. CLARK.................................. 74 Wall Street. JOHN C. TEN EYCK..................................... 74 Wall Street. ASSETS. Loans on bond andm ortgage.............................................................. Loans on shareb.................................................................................... Stocks and bonds.................................................................................. Real e s ta te ............................................................................................. Cash on hand and in bank............................................................... Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... Advances for taxes* insurance, etc.................................................’ Real estate rentals ........................................................................... J u d g m en t............................................................................................... $190,907 51 3,612 88 6 ,8 6 8 75 644,166 93 4,137 97 3 , 332 48 3,288 24 417 88 27 58 614 64 $857,374 86 210 R eport on S a v in g s a n d L oan A ssociations . L IA B IL IT IE S . Due shareholders, instalment shares................................................ Due shareholders, income shares..................................... .............. Dividends credited ................................................................ Prior mortgages ................................................................................... Borrowed m o n e y ................................................................................... Earnings undivided ................................... * ...................................... Contingent fund (as per section 225 of Banking L a w )............... Interest payable ................................................................................... Due agents ............................................................................................. Taxes due ............................................................................................. Insurance reserve ................................................................................. Real estate expense............................................................................... $44,110 647, 000 8,964 73, 000 36, 500 32, 938 6 , 683 1 , 574 678 114 5, 519 292 49 00 10 00 00 38 04 05 94 41 01 44 $857,374 86 RECEIPTS. Cash on hand January 1, 1912........................................................ $13,622 11 Dues on instalment shares credited to members........................... 8,528 52 1,000 00 Dues on income shares........................................................................ Prior mortgages .................................................................. 11,500 00 Money borrowed ................................................................................... 11,120 00 Mortgages redeemed, foreclosed or transferred to real estate.. 39,300 48 3, 776 00 Loans on shares repaid...................................................................... Real estate sold..................................................................................... 7, 644 01 Fees received ......................................................................................... 42 75 Fines received ..................................................................................... 12 55 Interest r e ce iv e d ................................................................................... 4, 388 39 Premium rece iv e d ......................................... '...................................... 12,399 98 Rent re ce iv e d ......................................................................................... 35, 961 18 Expense returned ............................................. 333 76 Advances repaid ................................................................................... 701 44 Real estate expense r e tu rn e d ............................................................ 1,162 39 Profit and loss item s............................................................................ 2, 489 66 Instalment stock dividend ................................................................ 1, 479 23 1, 481 01 Furniture and fixtures ...................................................................... Real estate to profit and loss............................................................ 16,345 97 From a g e n ts ........................................................................................... 3, 286 00 Miscellaneous accounts ...................................................................... 200 00 Suspense ................................................................................................. 5,892 97 Petty cash ............................................................................................. 38 84 Insurance reserve ................................................................................. 991 96 Contingent fund ................................................................................... 301 20 D ivid en d s................................................................................................ 96 25 Guarantors’ p r o fits ..................................................................................... 2,82705 Cash tr a n s fe r ......................................................................................... 179 25 $187, 102 95 DISBURSEMENTS. Loaned on mortgage ........................... .,........................................... Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans................... Cash dividends* paid on income and accumulative prepaid s h a r e s ........................................................ .................................• Paid borrowed money and prior mortgages............................. .. . Paid interest on borrowed money, and prior mortgages........ . . Paid for real estate.. .. ; ..................................... ............................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... $19,450 04 5, 586 00 2,717 88 9,100 00 31086 12,169 39 30.670 00 8 , 524 54 26, 081 62 7,695 11 452 64 2 11 N e w Y ork C o u n ty. Paid rent ............................................................................................... Paid repairs to real estate................ ............................................... Paid taxes, insurance, etc................................................................... Paid banking departm ent.................................................................. Legal expenses ..................................................................................... Advances for taxes, insurance, etc................................................... Sundry operating expenses.................................................................. Profit and loss item s.......................................................................... Furniture and 'fixtures ...................................................................... Agents ..................................................................................................... Miscellaneous accounts ...................................................................... Suspense............................................................................................. ; . Petty cash ............................................................................................. Insurance reserve ................................................................................ D ividends............................................................................................... Cash tr a n s fe r ........................................................................................ Ju dgm en ts...................... 1......................................... ; .......................... Cash on hand December 31, 1912....................................................... $600 6,703 10, 974 166 3, 624 1, 066 2,542 14, 561 3,495 2,622 200 8, 351 37 63 4, 402 179 614 4,137 00 32 79 39 04 27 24 02 99 99 00 79 74 90 53 25. 64 97 $187,102 95 Plan, permanent. Par value of shares, $100. Instalments are 5 cents to 70 cents monthly. Shares in force January 1, 1912, 9,942; shares issued during the year, 661; shares withdrawn during the year, 814%; shares in force, 9,788%. Borrowing members, 36, holding 1,650% shares; non-borrowing members, 692, holding 8,138 shares. Female shareholders, 313, holding 2,722 shares. Total dividends credited members during the year on instalment shares, $1,479.23; rate, 6 per cent. Total dividends credited or paid in cash to mem bers during the yea! on other shares, $6,485.55; rate, 5 per cent. Total divi dends forfeited by withdrawing members during the year, $15.64. Amount of filed and unpaid withdrawals December 31, 1912, $500. En trance or membership fee, 25 cents per share. Operating expenses, as de fined in section 227 of the Banking Law, incurred and paid during the year, $10,859.28. Unpaid, none. Premium plan, premium-interest. Interest and premium paid by borrowing members, 50 cents to 66 % cents per share per month. Loans have been made in Kings, New York and Westchester counties, New York State, and in Texas and Virginia, largest mortgage loan outstanding, $17,000. Mortgages in force in New York State, $178,211.73. One foreclosure during the year. BROADWAY DRY GOODS CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 320 Broadway, New York, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. H. C. PLACE.............................. J. G. CARYL.............................. L. J. PARR, JR....................... WALTER L. DURACK........... Post-office addresses. 31 E. 17th Street 80 South Street, N. Y. C. Ridgewood, N. J. 215 Montague St., Brooklyn. ASSETS. Loans on bond and mortgage........................................................ Loans on shares .................................................................................. Cash on hand and in bank................................................................ Interest, premium, fees and fines due and unpaid....................... $29,800 465 1,112 100 00 50 22 97 $31,478 69 212 R epoet on S a v in g s a n d L o an A ssociations . LIABILITIES. Due shareholders, instalment shares................................................ Due shareholders, income shares..................................................... Dividends c r e d ite d ............................ Borrowed money ................................................................................. Earnings undivided ............................................................................. Contingent fund (as persection 225 o f Banking L a w )............. Suspense account ................................................................................. Interest due ........................................................................................... $18, 504 5,200 4,332 2 , 000 285 1,055 15 00 70 00 38 47 6 00 94 99 $31,478 69 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income s h a r e s ....................................................................... Money borrowed .................................................................. ................ Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fines received ....................................................................................... Interest r e ce iv e d ................................................................................... Premium received ............................................................................... Rent r e ce iv e d ......................................................................................... Advances repaid ................................................................................... Fire loss ................................................................................................. Special deposit ..................................................................................... $1,246 4,210 3 , 000 10, 000 11,500 327 9 2, 051 406 67 26 512 55 46 03 00 00 00 50 08 31 90 50 65 79 00 $33,413 22 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid income shares ............................................................................. Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid sh a re s................................................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............... Paid salaries and clerk-hire................................................... Paid advertising, printing and postage............................................ Paid r e n t ................................................................................................ Paid taxes, insurance, etc.................................................................. Paid banking department, examination ........................................ Paid banking department, assessment............................................ Officers’ bonds ....................................................................................... Special deposits ................................................................................... Fire l o s s .................................................................................................. Undivided profits ................................................................................. Sundry expenses ................................................................................... Cash on hand December 31, 1912...................................................... $1, 800 00 425 00 8,718 96 500 00 2,801 52 193 16,000 296 454 122 240 26 16 3 20 55 512 7 108 1,112 33 00 53 42 43 00 00 00 17 00 00 79 25 60 22 $33,413 22 Plan, serial. Par value of shares $100 and $250. Instalments are 40 cents and $1 monthly. Shares in force January 1, 1912, 48 2% ; shares issued during the year, 23 5% ; shares withdrawn during the year, 175; shares in force, 543. Bor rowing members, 11, holding. 172 shares; non-borrowing members, 49, holding 371 shares. No record of female shareholders. Total dividends credited mem bers during the year on instalment shares, $1,109.12; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $193.33; rate, 5 per cent. 213 N ew Y ork C o u n ty. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $877.95. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 10 cents and 25 cents per share per month. Loans have been made in New York and Queens counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $5,800. Mortgages in force in New York State, $12,750. •No foreclosures during the year. CITIZENS’ SAVINGS AND LOAN ASSOCIATION OP NEW YORK CITY. No. 247 West 125th street, New York, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1889.] Names. WILMORE ANWAY . E. M. CUTLER........... GUSTAVUS REHAHN WILMORE ANWAY Post-office addresses. 141 Broadway. 56 Pine Street. 72 Stone Ave., Yonkers. 141 Broadway. ASSETS. Loans on bond and mortgage ................... Loans on shares.............................................. Real estate ...................................................... Cash on band and in bank........................... Furniture and fixtures................................... $81,639 1,900 2,403 1,827 300 57 00 03 86 00 $ 88 , 070 46 LIABILITIES. Due shareholders, instalment shares ........................................... Due shareholders, accumulative prepaid shares........................... Dividends credited ............................................................................ Borrowed money ................................................................................ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... Exchange account ................................................................................ $26,346 52, 875 3,361 2,250 1 , 810 1, 426 73 00 95 00 13 06 59 $88,070 46 RECEIPTS. Cash on hand January 1, 1912........................................................ Dues on instalment shares credited to members........................... Dues on accumulative prepaid shares............................................. Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ......................................................................................... Fines received ....................................................................................... Interest received ................................................................................ Premium rece iv e d ................................................................................ E xch a n ge................................................................................................ Profit and loss account...................................................................... Contingent a c c o u n t.............................................................................. Individual a c c o u n t......................................................: ...................... Dividend account ................................................................................ $1,028 13,595 3,250 40, 950 11,203 1,300 16 59 4, 869 495 7 18 191 903 1,284 44 37 00 00 00 00 50 29 61 50 87 14 25 00 10 $79,172 07 DISBURSEMENTS. Loaned on m o r tg a g e ............................. ............................................ Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. . . $1,000 00 200 00 17, 317 29 2H4 R eport on S a v in g s a n d L o an A ssociations . Paid accumulative prepaid shares.................................................. Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid sh a re s.................................................................................................. Paid borrowed money and prior mortgages............................... Paid interest on borrowed money and prior mortgages.......... Paid for real estate .......................................................................... Paid salaries and clerk-hire .......................... Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid banking department, examination ....................................... Paid banking department, assessm ent........................................... Sundries................................................................................................... E x ch a n g e................................................................................................. Dividend account ................................................................................. Profit and loss to contingent account.............................................. Profit and loss to exchange account................................................ Contingent account ............................................................................. Special account ..................................................................................... Individual account ............................................................................... Cash on hand December 31, 1912.................................................... $9, 500 00 1, 485 60 2, 568 17 40, 700 00 250 69 267 55 983 27 65 35 215 88 27 00 7 46 64 05 6 15 1, 284 10 191 25 217 296 08 9 15 903 00 1,827 86 $79,172 07 Plan, permanent. Par value of shares, $250. Instalments are 25 cents, 35 cents and 50 cents weekly. ' Shares in force January 1, 1912, 805; shares issued during the year, 8 8 ; shares withdrawn during the year, 121; shares in force, 772. Borrowing members, 51, holding 180 shares; non-borrowing members, 170, holding 592 shares. Female shareholders, 42, holding 164 shares. Total dividends credited members during the year on instalment shares, $1,284.10; rate, 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $2,568.17; rate, 4% per cent. No unpaid withdrawals. Entrance or membership fee, 25 cents per mem ber. Operating expenses, as defined in section 227 of the Banking Law, in curred and paid during the year, $1,330.72. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 Vs per cent, and 6 per cent. Premium paid by borrowing members, 5 cents and 10 cents per share per week. Loans have been made in Kings, New York, Rockland and Westchester counties, New York State, and in New Jersey. Largest mortgage loan out standing, $6,000. Mortgages in force in New York State, $38,139.57. No foreclosures during the year. y2 CO-OPERATIVE BUILDING BANK. Nos. 23 and 25 East Twenty-sixth street, New York, N. Y. [Organized under Law of 1851. Commenced business 1890.] Officers. President.................... Secretary ................... Names. MINOT C. KELLOGG............. ROBERT B. WALDO............. Treasurer ................. Attorneys................... CHARLES L. HEINS........... LEXOW, MACKELLAR & W ELLS.................................... Post-office addressee. 27 Park Row. 23 and 25 East Twenty-sixth Street. Glen Ridge, N. J. 43 Cedar Street. ASSETS. Loans on bond and mortgage............................................................ Loans on s h a r e s ................................................................................... Contracts for the sale of real estate................................................ Real estate ........................................................................................... $35,960 10,180 16,915 116,845 85 00 54 00 215 2Te w Y o r k C o u n t y . Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Advances for taxes, insurance, etc................................................. In d iv id u a ls............................................................................................ $2,703' 58 100 00 18 00 59 $182,723 56 LIABILITIES. -.1 _ Due shareholders, instalment shares ........................................... Due shareholders, savings shares ................................................. Due shareholders, accumulative prepaid shares........................... Dividends credited .......................................... Due shareholders, matured shares................................................... Prior mortgages ................................................................................ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... ■: $32,097 523 32,609 22,450 51,739 30,000 9, 790 3,513 77 15 89 12 00 00 13 50 $182,723 56 RECEIPTS. ........ ...................... Cash on hand January 1,1912.......................................................... Dues on instalment sharescredited to members......................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Real estate sold.................................................................................... Fees received ...................................................................................... Fines received ...................................................................................... Interest received .................... Premium received . ; .......................................................................... Rent received ...................................................................................... Advances repaid ................................................................ Land contracts .................................................................................... Profit and loss...................................................................................... In dividu als............................................................................................ $1,783 96 796 20 8,807 75 450 00 2,700 00 36 61 52 61 2,226 84 1,071 80 2,566 75 17 00 8,076 59 1,063 50 60 21 $29,709 82 DISBU RSEM EN TS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. Paid savings shares .......................................................................... Paid accumulative prepaid shares................................................. Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares ................................................................................................. Paid matured shares .................................. Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage....................................... Paid rent ...................................................... '........................................ Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................. Paid banking department, examination ....................................... Paid banking department, assessment ......................................... Advances for taxes, insurance, etc................................................... Land contracts .................................................................................... In dividu als......................................................................... Reserve for taxes, etc..................................... ................................. Profit and loss...................................................................................... Real estate expenses............................................................................ Legal expenses .................................................................................... Sundry expenses ................................................................................. Cash on hand December 31, 1912...................................................... ■ ------- $1,900 2,376 3 23 375 00 54 26 24 87 1,403 2,520 1,500 2,446 67 948 3,966 1,154 63 15 30 1,639 89 5, 406 18 665 301 91 2 , 703 74 03 00 00 59 41 34 99 00 03 50 95 08 22 00 13 66 66 58 $29, 709 82 2il6 R eport on S a y in g s a n d L o an A ssociations . Plan, permanent. Par value of shares, $100. Instalments are 12 cents weekly; 10 cents to $1 monthly. Shares in force January 1, 1912, 3,213; shares issued during the year, none; shares withdrawn during the year, 117% ; shares in force, 3,095%. Borrowing members, 43, holding 421% shares; non-borrowing members, 244, holding 2,674 shares. Female shareholders, 82, holding 526 shares. Total dividends credited members during the year on instalment shares, $851.47; rate, 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,892.57; rate, 4 per cent. Total dividends forfeited by withdrawing members during the year, $36.61. Amount of filed and unpaid withdrawals December 31, 1912, $16,124.08. Amount of shares matured during the year, $3,011.99. Entrance or member ship fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,553.66. Unpaid, none. Premium plan, gross, instalment, and premium-interest. Interest paid by borrowing members, 5% to 6 per cent. Premium paid by borrowing members, 1 8 /1 0 per cent. Loans have been made in Albany, Erie, Kings, Ulster and Westchester counties, New York State, and in Connecticut and Pennsylvania. Largest mortgage loan outstanding, $15,989. Mortgages in force in New York State, $32,060.85. No foreclosures during the year. CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION OF NEW YORK. No. 14 Bible House, New York, N. Y. [Organized under Law of 1851. Officers. P resident.................... Secretary ................... Treasurer ................. A tto rn e y s................... Commenced business 1888.] Names. Post-office addresses. CHARLES STUART FOLSOM................. 14 Bible House. GEORGE E. LANGE.................................. 14 Bible House. WILFRED M. THOMPSON...................... 14 Bible House. AUSTIN & McKOWON.............................. 50 Church Street. ASSETS. Loans on bond and mortgage..................................... Loans on sh a re s............................................................. Contracts for the sale of real estate....................... Cash on hand and in bank............................................ Furniture and fixtures.................................................. Interest, premium, fees and fines due and unpaid Advances for taxes, insurance, etc............................. $ 66,200 00 24, 983 00 1,975 29 3,521 74 1 00 535 39 141 54 $97,357 96 LIABILITIES. Due shareholders, instalment shares ........................................... Due shareholders, savings shares .................................................. Due shareholders, income shares .................................................... Balance to be paid borrowers on mortgage loans....................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Suspense account ................................................................................. A p p ra isa ls................................................................. ............................ $20,306 667 62,230 3,200 4,852 6,000 61 22 00 00 53 00 86 60 15 00 $97,357 96 RECEIPTS. Cash, Dues Dues Dues on on on on hand January 1, 1912........................................................ instalment shares credited to members......................... savings shares .................................................................... income s h a r e s ...................................................................... $4,176 11,028 232 5,950 59 21 68 00 N ew Y ork C ounty. Money borrowed .......................................................-.......................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Real estate sold.................................................................................... Fees received .............................' .......................................................... Fines received .................................................................................... Interest rece iv e d .................................................................................. Premium received .............................................................................. Advances repaid ..................................................................... Appraisal fees ...................................................................................... E x ch a n g e............................................................................................... Building loan contracts...................................................................... Suspense account ................................................... ............................ Dishonored checks .............................................................................. 217 $4, 500 4, 100 1,881 350 29 28 5,177 82 43 291 00 00 00 00 00 63 56 97 31 55 70 11,500 00 6 97 252 41 $49,631 58 DISBURSEMENTS. Loaned on m ortg a g e........................................................................... Loaned on sh a res................................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. Paid savings shares .......................................................................... Paid income shares ............................................................................ Cash dividends paid on income and accumulative prepaid sh a r e s ................................................................................... ' . ........... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid salaries and clerk-hire.................... Paid advertising, printing and postage................. Paid r e n t ............................................................ •.................................. Paid taxes, insurance, etc.................................................................. Paid banking department,' examination......................................... Paid banking department, assessment ......................................... Officers’ bonds ................................................. Metropolitan and State League dues............................................. Building loan contracts...................................................................... A p p ra isa ls..................................................... E xchange................................................................................................ Directors’ fees ...................................................................................... A u d ito rs....................................................... Telephone............................................................................................... C a m era................................................................................................... Suspense account ................................................................................ D ividen d s............................................................................................... Dishonored checks .............................................................................. Cash on hand December 31, 1912..................................................... $12,300 1,167 9,927 121 2,200 00 00 36 59 00 3,016 4,500 97 391 110 300 28 54 6 29 72 10,500 110 2 38 36 3 30 1 812 252 3,521 90 00 43 56 29 00 37 40 89 46 00 00 00 35 75 00 00 00 50 58 41 74 $49,631 58 Plan, permanent. Par value of shares, $100. Instalments are 10 cents weekly or 43 cents monthly. Shares in force January 1, 1912, 2,257; shares issued during the year, 1,693; shares withdrawn during the year, 1,263; shares in force, 2,687. Borrowing members, 45, holding 1,295 shares; non-borrowing members, 227, holding 1,392 shares. Female shareholders, 115, holding 1,137 shares. Total dividends credited members during the year on instalment shares, $790.49; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $3,038.99; rate, 4 per cent, and 5 per cent. No unpaid withdrawals. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,011.06. Unpaid, none. y3 218 R eport on S a v in g s a n d L o an A ssociations . Premium plan, instalment. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, New York, Queens, Eichmond and West chester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $7,400. Mortgages in force in New York State, $47,500. No foreclosures during the year. EDGEHILL CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. Spuyten Duyvil, New York, N. Y. [Organized under Law of 1909. Officers. President.................... Secretary .................. Treasurer ................. A ttorn eys................... Commenced business 1909.] Names. Post-office addresses. ELIAS M. JOHNSEN.............................. Spuyten Duyvil. ALPREUS H. FAVOUR.......................... Spuyten Duyvil. GILBERT H. JO H N S E N ........................ Spuyten Duyvil. McKELVEY & FAVOUR........................ 84 William Street. ASSETS. Loans on bond and mortgage............................................................ Loans on shares ................................................................................... Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $48, 800 1, 215 1, 957 109 75 00 00 62 00 00 $52,156 62 LIABILITIES. Due shareholders, instalment shares................................................ Due shareholders, income shares...................................................... Dividends credited ............................................................................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w ).............. Unearned or rebatable premium........................................................ Furniture reserve account.................................................................. $25, 356 24,325 1, 019 1, 160 155 75 64 88 00 06 79 89 00 00 $52, 156 62 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fees r e ce iv e d ...................... Fines received ....................................................................................... Interest re ce iv e d ....................................................... Premium r eceiv ed ...................: ........................................................... Reverted div id en d s............................................................................... $142 12, 916 4,750 12,250 757 26 6 2,470 75 39 43 13 00 00 00 80 85 65 00 40 $33,434 26 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid income shares ......................... ................................................... Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares ................................................................................................. Paid salaries and clerk h ire................................................................ $23, 750 1,245 3,341 1,450 104 00 00 81 00 92 1 , 051 22 120 00 N e w Y ork C ounty. 219 Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid banking department, examination......................................... Paid banking department, assessment............................................. Office ex pen ses................................................................................ ' . . . Cash on hand December 31, 1912..................................................... $46 120 18 2 226 1,957 30 00 50 89 00 62 $33,434 26 Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 1,015.75; shares issued during the year, 300.50; shares withdrawn during the year, 158.50; shares in force, 1,157.75. Borrowing members, 21 , holding 369.50 shares; non-borrowing members, 215, holding 788.25 shares. Female shareholders, 79, holding 263 shares. Total dividends credited members during the year on instalment shares, $757.58; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,051.22; rate, 5 per cent. Total dividends for feited by withdrawing members during the year, $39.40. No unpaid withdrawals. Entrance or membership fee, 10 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $512.30. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5% per cent, and 6 per cent. No premium charged. Loans have been made in New York county, New York State. Largest mortgage loan outstanding, $15,000. Mortgages in force in New York State, $48,800. No foreclosures during the year. EUREKA CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. 149th street and Bergen avenue, New York, N. Y. [Organized under Law of 1887. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. JOHN L. BURGOYNE............. Post-office addresses. 364 Willis Avenue. J. H. HITTORFF..................... JOHN DAVIS .......................... 998 Jackson Avenue. 68 William Street. G E O R G E A . S P E N C E R ............ 247 B ro a d w a y . ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Cash on hand and in bank.................................................................. Furniture and fixtures ...................................................................... $92, 300 3,470 579 100 00 00 51 00 $96,449 51 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium........................................................ $69,134 11,518 11,500 2,276 1,249 772 00 32 00 17 02 00 $96,449 51 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. $3,150 19, 478 22,500 23, 600 08 00 00 00 220 R eport on S a v in g s a n d L o an A ssociations . Loans and shares repaid...................................................................... Fines received ....................................................................................... Interest re ceiv ed ................................................................................... Receipt book ......................................................................................... Mortgage loan account........................................................................ E xchange................................................................................................. Reverted div id en d s............................................................................... Interest refunded ................................................................................. $3, 500 19 5,107 17 118 00 88 41 25 00 2 08 415 05 34 50 $77,942 25 DISBURSEMENTS. Loaned on mortgage ........................................................................... Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans................... Paid matured shares............................................................................. Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............. Paid salaries and clerk h ire................................................................ Paid advertising, printing and postage............................................ Paid rent ............................................................................................... Paid banking department, examination......................................... Paid banking department, assessment.............................................. Officers’ bonds ................................. State League dues ............................................................................... Attorney fees ....................................................................................... Architect’ s fees ..................................................................................... J a n ito r .................................................................................................... Real estate expenses............................................................................. Exchange ............................................................................................... Dormant account ................................................................................ Cash on hand December 31, 1912...................................................... $27, 050 00 1,600 00 11,241 00 2,007 85 14,606 00 18, 000 00 272 07 445 50 108 15 120 00 22 00 7 62 16 00 6 00 86 30 5 00 2 00 4 65 71 1,761 89 579' 51 $77,942 25 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 1,586; shares issued during the year, 608; shares withdrawn during the year, 346; shares in force, 1,848. Borrowing members, 29, holding 462 shares; non-borrowing members, 227, holding 1,386 shares. Female shareholders, 76, holding 483 shares. Total dividends cred ited members during the year on instalment shares, $4,197.49; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $415.05. No unpaid withdrawals. Amount o f shares matured during the year, $14,606. Entrance or membership fee, 25 cents. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $793.23. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent, and 6 per cent. Premium paid by borrowing members, 1 per cent. Loans have been made in Richmond, Queens and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $6,000. Mortgages in force in New York State, $90,500. No foreclosures during the year. 2 21 N ew Y oek C ounty. FIRST BOHEMIAN-SLAVONIC CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 320 East Seventy-third street, New York, N. Y. [Organized under Law of 1894. Officers. President.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1899.] Names. THOMAS C A P E K .................................. VACLAV V E S E L Y ................................ JAN. STANEK ..................................... THOMAS CAPEK ................................. Post-office addresses. 1429 First Avenue. 419 E. 72d Street. 364 East 72d Street. 1429 First Avenue. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares.................................................................................... Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $12,100 1,981 375 26 259 00 00 88 84 95 $14,743 67 LIABILITIES, Due shareholders, instalmentshares................................................. Borrowed money ................................................................................ Earnings undivided ............................................... Contingent fund (as per section225 of Banking L a w )............... R e n t ........................... '............................................................................. In terest................................................................................................... $13,494 400 246 588 10 5 25 00 42 00 00 00 $14,743 67 RECEIPTS. Cash on hand January 1,1912.......................................................... Dues on instalment sharescredited to members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid .................................................................... Fees received ........................................................................................ Fines received ...................................................................................... Interest r eceiv ed .................................................................................. Transfer f e e ........................................................................................... $843 2,686 400 5, 000 3, 830 7 32 907 26 25 00 00 48 25 40 09 50 $13,707 23 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on loans. . . Dividends paid on withdrawal, or applied on loans..................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid banking department ................................................................ Cash on hand December 31, 1912................................................... $5, 500 2, 623 4, 342 665 163 3 15 17 375 00 74 25 85 80 50 00 21 88 $13,707 23 Plan, permanent. Par value of shares, $200. Instalments are 25 cents weekly. Shares in force January 1, 1912, 204; shares issued during the year, 29; shares withdrawn during the year, 6 8 ; shares in force, 165. Borrowing mem bers, 19, holding 60 shares; non-borrowing members, 37, holding 105 shares. Female shareholders, 24, holding 56 shares. Total dividends credited mem bers during the year on instalment shares, $665.88; rate, 60 cents per share. 222 R eport on S a y in g s a n d L o an A ssociations . No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $182.30. Operating expenses, as defined in section 227 of the Banking Law, incurred during the year and remaining unpaid, $ 10. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in New York and Queens counties, New' York State. Largest mortgage loan outstanding, $5,500. Mortgages in force in New York State, $12,100. One foreclosure during the year. FRANKLIN SOCIETY FOR HOME BUILDING AND SAVINGS. No. 38 Park Row, New York, N. Y. [Organized under Law of 1851. Commenced business 1888.] Officers. Names. President.................... JOHN C. M cGUIRE............... Vice-President and M a n a g er.................... C. O'C. HENNESSY.................. Secretary-Treasurer.. . . GILBERT LLOYD ................. Attorney ................... STARK B. FERRISS............. Post-office addresses. Hotel St. George, Brooklyn. Haworth, N. J. 1812 Church Avenue, Brook lyn, N. Y. 165 Broadway. ASSETS. Loans on bond and m ortgage............................................................ $1,482,727 60 Loans on shares ................................... ............................................... 7, 265 58 Contracts for the sale of real estate............................................... 86,817 76 Real estate ............................................................................................. 146,264 28 Cash on hand and in bank................................................................ • 43,522 54 Furniture and fixtures ...................................................................... 1,571 03 Advances for taxes, insurance, etc.................................................. 301 98 Accounts receivable ............................................................................. 683 50 $1,769,154 27 LIABILITIES. -------- Due shareholders, savings s h a r e s ........................... ........................ $1, 596, 676 26 Due shareholders, income shares...................................................... 6 6 ,100 00 Balance to be paid borrowers on mortgage loans....................... 12, 505 00 Prior mortgages ................................................................................... 4, 000 00 Borrowed money ................................................................................... 25, 000 00 Earnings undivided ............................................................................. 35, 359 13 Contingent fund (as per section 225 of Banking L a w )............. 29, 100 00 Accounts p a y a b le .................................................................................. 413 88 $1, 769,154 27 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on savings shares...................................................................... Prior mortgages .................................................................................. Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid .................................................................... Real estate sold ................................................................................... Interest re ce iv e d ........................................... In d iv id u a ls............................................................................................. Land contracts ..................................................................................... Attorney and appraisal fees.............................................................. Real estate profits ............................................................................... $55,853 627,586 4, 000 25, 000 218,865 21, 257 •30, 522 85,347 7,791 36, 462 6,816 5, 908 46 84 00 00 60 91 66 01 77 92 30 60 $1,125,413 07 !Ne w Y o r k C o u n t y . 223 DISBURSEMENTS. Loaned on mortgage .......................................................................... Loaned on shares ................................................................................ Paid savings shares ............................................................................ Paid income shares ............................................................................ Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares ................................................................................................. Paid borrowed money and prior mortgages................................. Paid interest on borrowed moneyand prior mortgages............. Paid for real estate.............................................................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid r e n t ............................................................................................... Paid repairs to' real estate................................................................ Paid taxes, insurance, e tc.................................................................. Paid banking department, examination ....................................... Paid banking department, assessment ......................................... ‘ A u d ito rs ................................................................................................. Sundry expen ses.................................................................................. Telephone............................................................................................... Attorney and appraisal fees.............................................................. Miscellaneous items ............................................................................ In dividu als............................................................................................. Land contracts .................................................................................... Reserve account ................................................................................... Cash on hand December 31, 1912.................................................... $ 39 9 , 007 19 , 028 4 3 3 , 705 16, 500 61,581 93 73 91 00 97 3 ,5 4 9 50 50,000 00 493 06 39, 472 87 8,058 00 5,244 80 3,200 00 428 95 1,281 74 117 75 121 37 300 00 1,585 27 392 40 6,636 16 7 84 8,545 46 22,563 29 67 53 43,522 54 $1,125,413 07 Plan, permanent. Par value of shares, $100. Shares in force January 1, 1912, 90,538; shares issued during the year, 38,966; shares withdrawn during the year, 13,293; shares in force, 116,211. Borrowing members, 613, holding 11,912 shares; non-borrowing members, 5,142, holding 104,299 shares. No record of female shareholders. Total dividends credited or paid in cash to members during the year on other shares, $65,131.47; rate, 4% per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $18,780.47. Operating expenses, as defined in section 227 of the Banking Law, incurred during the year and remaining unpaid, $250. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, Nassau, New York, Queens, Richmond, Rockland, Suffolk and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $16,000. Mortgages in force in New York State, $423,900.32. One foreclosure during the year. GERMAN-AMERICAN BUILDING AND LOAN ASSOCIATION OF THE CITY OF NEW YORK. No. 1 Third avenue, New York, N. Y. [Organized under Law o f 1851. Commenced business 1888.] Officers. Names. Post-office addresses. President.................... IRVTNG W. PIMELOW ............ 52 Wall Street. Secretary ..................... HENRY G. ECKHOFF................. 412 E. 18th Stree Treasurer ................. E. A. WIESER ....................... 108 Park Row. Attorney ................... IRVING W. DIMELOW............ 52 Wall Street. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Contracts for the sale of real estate............................................... $119,550 00 7,010 00 5 , 593 57 224 R epoet on S a v in g s a n d L o an A ssociations . Beal e s t a t e ............................................................................................. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Advances for taxes, insurance, e t c . . . ......................................... $33, 309 54 6, 385 05 300 00 122 35 $172,270 51 LIABILITIES. Due shareholders, instalmentshares................................................. Due shareholders, income shares.......................... Dividends credited ...................................................................... Prior mortgages ................................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. Deposits ................................................................................................. $123,343 15,050 25,719' 800 4, 862 2, 429 65 80 00 15 00 98 58 00 $172,270 51 RECEIPTS. Cash on hand January 1, 1912.......................................................... $1,133 74 Dues on instalment shares credited to members........................... 26, 350 40 Dues on income shares............................................................. 5,850 00 Money borrowed ................................................................................... 5, 000 00 Mortgages redeemed, foreclosed or transferred to real estate.. 11,750 00 Loans on shares repaid..................................................................... 5,655 00 Beal estate sold..................................................................................... 2,000 00 Fees re ce iv e d ............................................... 51 50 Fines r e ce iv e d ............................................................... 66 36 Interest receiv ed ................................................................................... 6, 751 38 Premium receiv ed ................................................................................. 2, 415 38 Bent r eceiv ed ......................................................................................... 2, 266 59 Advances repaid ................................................................................... 575 95 Beal estate contracts................................................................. 322 00 Deposits ................................................................................................. 443 25 Beverted div id en d s................................................................... 548 51 $71,180 06 DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid income shares.............................................................................. Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid shares ................................................................................................. Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid for real estate.................................................................... i . . . . Paid salaries and clerk h ire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................... Paid banking department, examination......................................... Paid banking department, assessment........................................... Advances for taxes, insurance, e tc .................................................... Deposits ................................................................................................. Books ..................................................................................................... Miscellaneous items ............................................................................. $9,310 00 2,795 00 24,163 75 00 8, 246 35 2,550 734 7,250 144 4, 899 1,613 178 210 665 852 55 12 341 412 87 00 68 09 75 40 00 89 48 10 87 97 99 25 218 35 N ew Y ork C ounty. 2 25 $31 78 30 6,385 Office expense ............................... Commissions ................................. Janitor ........................................... Cash on hand December 31, 1912 22 00 00 05 $71,180 06 Plan, serial. Par value of shares, $100 and $250. Instalments are 10 cents and 25 cents weekly. Shares in force January 1, 1912, 2,786; shares issued during the year, 857; shares withdrawn during the year, 499; shares in force, 3,144. Borrowing members, 63, holding 511 shares; non-borrowing members, 308, holding 2,633 shares. Female shareholders, 75, holding 300 shares. Total dividends credited members during the year on instalment shares, $8,363.27; rate, 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $734.87; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $548.51. No unpaid withdrawals. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $2,349.60. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 4 cents per share per week. Loans have been made in Kings, New York, Bichmond and Westchester counties, New York State, and in New Jersey. Largest mortgage loan out standing, $6,500. Mortgages in force in New York State, $92,850. No fore closures during the year. GREENWICH BUILDING AND LOAN ASSOCIATION. No. 25 East Fourteenth street, New York, N. Y. [Organized under Law of 1851. Officers. President......... .. Secretary .................. T rea s u rer ................... Attorney ................... Commenced business 1889.] Names. JOHN F. CLEARY............................... T. CONROY ......................................... M. F. C L E A R Y .......................................... JAMES A. SPEER............................... Post-office addresses 630 Hudson Street. 227 Henry Street. 630 44 H ud son S treet. Wall Street. ASSETS'. Loans on bond and m ortgage........................................................... Loans on shares.................................................................................... Cash on hand and in bank........ , ....................................................... Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $9,250 00 127 84 726 86 75 00 14151 $10,321 21 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Suspense account ................................................................................ $7,437 2, 065 28 304 485 79 16 51 08 67 $10,321 21 RECEIPTS. Cash on hand January 1, 1912....................................................... Dues on instalment shares credited to members........................... Loans on shares repaid........ .............................................................. 8 $2,335 43 1, 269 04 8 41 226 R epoet on S a v in g s a n d L o an A ssociations . Fines received ....................................................................................... Interest rece iv e d .................................................................................. Reverted d iv id en d s.............................................................................. $69 16 622 87 79, 41 $4,.384 32 DISBURSEMENTS. Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans.................. Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk h ire.............................................................. Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid banking department, examination......................................... Paid banking department, assessment............................................. Officers’ bonds ....................................................................................... Suspense account ................................................................................ Cash on hand December 31, 1912...................................................... $1, 205 578 1,500 56 131 22 120 13 56 41 00 25 24 10 00 00 90 20 00 10 00 726 86 $4,384 32 Plan, serial. Par value of shares, $200 and $250. Instalments are 20 cents and 25 cents weekly. Shares in force January 1, 1912, 160; shares issued during the year, 31; shares withdrawn during the year, 28; shares in force, 163. Borrowing mem bers, 2, holding 37 shares; non-borrowing members, 27*, holding 126 shares. Female shareholders, 17, holding 82 shares. Total dividends credited mem bers during the year on instalment shares, $465.25; rate, 4% per cent. Total dividends forfeited by withdrawing members during the year, $79.41. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $293.34. Unpaid, none. Premium plan, instalment. Interest paid'by borrowing members, 6 per cent. Premium paid by borrowing members, not to exceed 2 per cent. Loans have been made in New Jersey. Largest mortgage loan outstanding, $6,000. No mortgages in force in New York State. No foreclosures during the year. HARLEM RIVER BUILDING, LOAN AND SAVINGS ASSOCIATION. No. 407 East Forty-seventh street, New York, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1891.] Names. FRED DIETZ ................................... AUGUSTUS W.BUGGELN.............. C. F. SCHANE................................... AMOS H. STEPHENS................... Post-office addresses. 407 East 47th Street 2060 Third Avenue. 2060 Third Avenue. 1 Madison avenue. ASSETS. Loans on bond and m ortgage............................................................ Real e s t a t e ......................................... ................................................... Cash on hand and in bank................................................................ Instalments due and unpaid........................................ Interest premium, fees and fines due and unpaid.. $1,000 00 1, 600 00 608 55 $690.00 1,291.00 $3,208 55 N e w Y ork C ounty. 227 LIABILITIES. Due shareholders, instalmentshares................................................. Dividends credited................................................................................ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... $2,175 400 457 176 08 00 47 00 $3,208 55 RECEIPTS. —- - Cash on hand January 1, 1912......................................................... Interest re ce iv e d .................................................................................. Rent receiv ed ....................................................................................... $638 07 10 33 157 00 $805 40 DISBURSEMENTS. - Instalment dues repaid on withdrawal, or applied on lo a n s .. . Dividends paid on withdrawal, or applied on loans.................. Paid repairs to real estate................................................................ Paid taxes, insurance, e tc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... Cash on hand December 31, 1912..................................................... $13 106 26 44 6 44 56 35 22 00 28 608 55 $805 40 Plan, permanent. Par value of shares, $100. Instalments are 55 cents monthly. Shares in force January 1, 19'12, 110; shares issued during the year, none; shares withdrawn during the year, 10; shares in force, 100. Borrowing mem bers, 1, holding 10 shares; non-borrowing members, 8, holding 90 shares. No female shareholders. Total dividends credited members during the year on instalment shares, $506.56. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, none. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 6 per cent. Loans have been made in Westchester county, New York State. Largest mortgage loan outstanding, $1,000. Mortgages in force in New York State, $1,000. No foreclosures during the year. HUDSON CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 315 Madison avenue, New York, N. Y. [Organized under Law of 1909. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1909.] Names. CLIFFORD B. HARMON.................... JOHN H. STORER................................ JOHN H. STORER................................. A. B. CHEADLE.................................... Post-office addresses 315 Madison Avenue 315 Madison Avenue 315 Madison Avenue 315 Madison Avenue ASSETS. Cash on hand and in bank.................................................................. $1,454 62 LIABILITIES. Due shareholders, instalment shares........................................... Dividends cred ited ......................................... .................................. Earnings undivided ........................................................................ Contingent fund (as per section 225 of BaYiking L a w ).......... $935 44 214 260 00 55 19 88 $1,454 62 228 R eport on S a v in g s a n d L oan A ssociations . RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Fines received ....................................................................................... Interest received ................................................................................... $1,243 1,600 6, 800 175 401 11 50 00 04 30 $10,219 95 DISBURSEMENTS. Instalment dues repaid on withdrawal, or applied on loa n s.. .. Dividends paid on withdrawal, or applied on loans...................... Cash dividends paid on income and accumulativeprepaid shares Paid matured shares............................................................................ Paid salaries and clerk-hire................................................................ Paid r e n t ................................................................................................ Paid banking department, exam ination........................................ Paid banking department, assessment............................................ Legal service ...................................................................... , ..............: Suspense account ................................................................................ Cash on hand December 31, 1912........................................................ $5, 140 455 84 2, 080 640 246 13 50 83 00 00 40 00 00 60 100 00 5 00 1, 454 62 $10,219 95 Plan, serial. Par value of shares, $100. Instalments are 50 cents and $1 monthly. Shares in force January 1, 1912, 418; shares issued during the year, 7; shares withdrawn during the year, 315; shares in force, 110. No borrowing members. Non-borrowing members, 17, holding 110 shares. Female share holders, 2, holding 10 shares. Total dividends credited members during the year on instalment shares, $118.46; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $30; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $92.90. Amount of filed and unpaid withdrawals December 31, 1912, $979.55. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $886.40. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Westchester county, New York State. No loans outstanding. Three foreclosures during the year. MODEL BUILDING AND LOAN ASSOCIATION OF MOTT HAVEN. No. 2663 Third avenue, New York, N. Y. I Organized under Law of 1851. Officers. President.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1889.] Names. JOHN S. HANSON............................ JOSEPH B. HARE.............................. JULES F. VALOIS............................ HERBERT REEVES.......................... Post-office addresses. 37 Liberty Street. 1813 Webster Avenue. 2663 Third Avenue. 55 Liberty Street. ASSETS. Loans on bond and m ortgage............................................................ Loans on sh a res..................................................................................... Beal estate.............................................’. .............................................. Cash on hand and in bank......................................... ‘ ....................... $274,753 16, 169 9,590 5, 399 98 00 00 98 N e w Y ork C ounty. 229 Furniture and fixtures.................................................................... Interest, premium, fees and fines due and unpaid....................... Advances for taxes, insurance, etc.................................................... Instalments due and unpaid........................................ $465 88 6, 170 50 688 14 $26.41 $313,237 48 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Due shareholders, matured shares................................................... Balance to be paid borrowers on mortgage loans......................... Borrowed money .................................................................................. Earnings undivided .......... ................................................................. Contingent fund (as per section 225 of Banking L a w ).............. Suspense a cco u n t.................................................................................. $200, 954 38, 950 24, 500 1,500 20, 000 16,982 10,200 150 00 45 00 00 00 46 00 57 $313,237 48 RECEIPTS. Cash on hand January 1, 1912......................................................... Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Beal estate'sold .................................................................................. Fees received ........................................................................................ Pines received ................................................................/ .................... Interest received .................................................................................. Premium r eceiv ed ................................................................................ Bent receiv ed ........................................................................................ Advances repaid .................................................................................. Profits on new shares taken in old series....................................... Beal estate p r o fits ................................................................................ Cash over .............................................................................................. $1,160 97 99,763 00 300, 750 00 25,099 43 7,561 00 3,250 00 76 25 287 91 17, 236 54 4, 092 65 390 O ' 1,111 31 13, 807 49 500 00 53 93 $475, 140 48 DISBURSEMENTS. Loaned on m ortgage........................................................................... Loaned on shares.................................................................................. Instalment dues' repaid on withdrawal, or applied on loa n s.. . Dividends paid on withdrawal, or applied on loans................... Paid matured shares ................................................................ .. Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages.......... Paid for real e s t a t e ............................................................................ Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking departm en t.................................................................. Officers’ bonds ...................................................................................... Advances for taxes, insurance, etc................................................... Collection ch a rg es................................................................................ Letter carrier ...................................................................................... Foreclosure expenses .......................................................................... Com m issions.......................................................................................... Beal estate l o s s .................................................................................... $16, 689 6,200 17, 701 2,325 105, 279 303, 250 1,304 11,340 2, 333 197 120 526 85 34 797 5 5 687 192 300 00 00 00 43 72 00 67 00 02 52 00 86 95 00 09 44 00 23 00 00 230 R eport on S a v in g s a n d L o an A ssociations . Cash short ............................................................................................. F u rn itu re................................................................................................ Cash on hand December 31, 1912........................................................ $100 32 266 25 5, 399 98 $475,140 48 Plan, serial. Par value of shares, $125. Instalments are 50 cents monthly. Shares in force January 1, 1912, 8,414; shares issued during the year, 1,854; shares withdrawn during the year, 1,885; shares in force, 8,383. Borrowing members, 98, holding 1,978 shares; non-borrowing members, 565, holding 6,405 shares, fem ale shareholders, 240, holding 2,374 shares. Total dividends credited members during the year on instalment shares, $23,667.38; rate, 5.91 per cent. Total dividends forfeited by withdrawing members during the year, $1,042.37. No unpaid withdrawals. Amount of shares matured during the year, $24,500. Entrance or membership fee, 75 cents per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $2,694.98. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 2 per cent. Loans have been made in Kings, Nassau, New York, Queens and West chester counties, New York State and in New Jersey. Largest mortgage loan outstanding, $12,000. Mortgages in force in New York State, $174,674. Two foreclosures during the year. MOUNT MORRIS CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 147 East 125th street, New York, N. Y. [Organized under Daw o f 1851. Officers. P resident.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. JAMES G. PATTON.......................... C. WOODS BOWERS......................... CHARLES T. DEERIXG................. HERBERT REEVES.......................... Post-office addresses. 147 East 125th Street. 147 East 125th Street. 147 East 125th Street 55 Liberty Street. ASSETS. Loans on bond and mortgage................................... Loans on shares ........................................................... Contracts for the sale of real estate....................... Real e s ta te ................................................................... .. Cash on hand and in bank......................................... Furniture and fixtures ........ ..................................... Interest, premium, fees and fines due and unpaid Borrowers’ incidentals................................................. Interest on stock lo a n s ................................................ $25,316 513 19,005 43, 158 1,659 368 826 100 42 75 48 94 50 17 95 91 92 16 $90,992 78 LIABILITIES. Due shareholders, instalment shares ............... Due shareholders, income shares ..................... Earnings undivided .............................................. Contingent fund (as per section 225 of Banking Law) Suspense a cco u n t.................................................................. Com m issions.......................................................................... $72,062 9, 859 6,520 1,776 625 148 97 25 38 43 00 75 $90,992 78 N ew Y ork C ounty. 231 RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment sharescredited to members............................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Interest r e ce iv e d ..............................................................................•.. Premium rece iv e d ................................................................................ Bent r e ce iv e d ........................................................................................ Real estate contracts .......................................................................... Bank in te r e st................................................... '................................... Incidentals ............................................................................................ Interest on stock loans........................................................................ Real estate rents, e tc ............................................................................ Interest on contracts .......................................................................... $244 646 850 666 1, 149 212 102 1, 553 49 49 179 575 5 73 02 00 52 44 25 50 50 84 05 13 00 63 $6,283 61 DISBURSEMENTS. Instalment dues repaid on withdrawal, or applied on lo a n s ... Cash dividends paid on income and accumulative prepaid shares Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................... Paid banking department, exam ination ......................................... Paid banking department, assessment ......................................... Incidentals............................................................................................. C om m issions.......................................................................................... Assessm ent............................................................................................. Bank collection s................................................................................... Cash on hand, December 31, 1912..................................................... $1,443 54 66 15 700 05 73 86 324 00 350 67 1,188 95 45 00 ‘ 6 93 120 45 245 50 54 84 450 1, 659 17 $6,283 61 Plan, permanent. Par value of shares, $100. Instalments are 12% cents weekly. Shares in force January 1, 1912, 3,147; shares issued during the year, none; shares withdrawn during the year, 5; shares in force, 3,142. Borrowing members, 13, holding 101 shares; non-borrowing members, 331, holding 3,041 shares. Female shareholders, 122, holding 1,026 shares. Amount of filed and unpaid withdrawals December 31, .1912, $51,250.05. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,222,86. Unpaid, none Premium plan, instalment. Interest paid by borrowing members, 5 per cent., 5% per cent, and 6 per cent. Premium paid by borrowing members, 40 cents per share. Loans have been made in Kings, New York, Queens and Westchester counties, New York State and in New Jersey. Largest mortgage loan out standing, $5,800. Mortgages in force in New York State, $19,832.87. No foreclosures during the year. 232 R eport on S a y in g s a n d L oan A ssociations , MOUNT ST. VINCENT CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. Nos. 531 and 535 E. Tremont avenue, New York, N. Y. [Organized under Law o f 1851. Commenced business 1888.] Officers. Names. President............. .... WILLIAM C. BERGEN........... S e cre ta ry ............VT. ANDREW J. FLYNN................ Treasurer ................... JAMES O'CONNELL ............. Attorney ................... JOHN J. O’GRADY................. Post-office addresses. 180th St. and Andrews Ave. 1976 Hughes Avenue. East Rockaway, L. 1. 277 Broadway. ASSETS. Loans on bond and mortgage............................................................ Real e s t a t e ............................................................................................. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid.. $100, 100 7, 200 5, 077 50 00 00 59 00 $421.30 $112,427 59 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited . . ' .......................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $72,656 28,796 9, 533 1,440 32 81 87 59 $112,427 59 RECEIPTS. Cash on hand January 1,1912.......................................................... Dues on instalment sharescredited to members........................... Money borrowed ......................................... ......................................... Mortgages redeemed, foreclosed or transferred to real estate.. Interest rece iv e d .................................................................................. Premium receiv ed ................................................................................ Rent receiv ed ......................................................................................... Advances repaid .................................................................. : .............. $4, 151 30,985 2, 000 6,350 6, 105 483 484 574 17 19 00 00 74 81 00 94 $51,134 85 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. . Dividends paid on withdrawal, or applied on loans................... I'aid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid for real estate............................................................................ Paid salaries and clerk h ire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc.................................................................. Paid banking department, assessment............................. „ ............. Officers’ bonds ...................................................'.................................. Advances for taxes, insurance, etc.................................................... Metropolitan League dues.................. Attorney f e e s ........................................................................................ Cash on hand December 31, 1912.................................................... $22,750 00 15, 929 99 61281 2,000 00 18 66 2, 950 00 478 00 1875 73 33 46 50 547 09 6 99 20 00 574 94 6 00 24 20 5,077 59 $51, 134 85 233 K ew Y ork C o u n ty. Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 1,455; shares issued during the year, 370; shares withdrawn during the year, 65; shares in force, 1,760. Borrowing members, 27, holding 756 shares; non-borrowing members, 167, holding 1,004 shares. Female shareholders, 71, holding 432 shares. Total dividends credited members during the year on instalment shares, $5,102; rate, 6 per cent. No unpaid withdrawals. Operating expenses, as defined section 227 of the Banking Law, incurred and paid during the year, $020.28. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 1% per cent. Loans have been made in Kings, New York, Queens, Richmond and West chester counties, New York State. Largest mortgage loan outstanding, $12,000. Mortgages in force in New York State, $100,100. No foreclosures during the year. NEW YORK AND SUBURBAN CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 147 East 125th street, New York, N. Y. [Organized under Law of 1851. Officers. President................. Secretary ................./ Treasurer ................. Attorney ................... Commenced business 1888.] Names. Post-office addresses. ELIJAH D. CLARK............................. 1031 Trinity Avenue. ABRAM D. WIMPRESS.................. 1122 Jackson Avenue. WILLIAM S. BECKLEY.................. 131 East 23d Street. ROBERT H. BERGMAN..................... 3219 Third Avenue. ASSETS. Loans on bond and m ortgage........................................................... Loans on shares.................................................................................... Cash on hand and in bank................................................................ Interest, premium, fees and fines due and unpaid....................... Advances for taxes, insurance, e tc................................................... $484,700 19,636 1,723 2,649 646 00 00 21 35 16 $509,354 72 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, income shares..................................................... Dividends credited .............................................................................. Due shareholders, matured shares................................................... Balance to be paid borrowers on mortgage loans......................... Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Insurance paid in advance................................................................ Due on withdrawals............................................................................ Deposits on loans.................................................................................. $342,205 45, 950 76, 464 5, 250 12, 350 6, 750 3, 610 16,000 64 215 495 00 00 61 00 00 00 47 00 10 19 35 $509,354 72 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment sharescredited to members............................ Dues on income shares........................................................................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Fees received ........................................................................................ $1, 9I06 94, 082 18, 100 55, 250 48,450 20,418 299 80 00 00 00 00 00 00 234 R eport on S a y in g s a n d L o an A ssociations . Fines received ........................................... ■.......................................... Interest received . ........................................................................ .. Premium rece iv e d ................................................................................. Advances repaid ................................................................................... Deposits on loans................................................................................. Suspense account ................................................................................ Taxes ..................................................................................................... Reverted dividends ............................................................................ Expense of loans................................................................................... $74 23 27, 530 65 10 394 11 219 50 33 90 323 26 1, 59*0 99 357 35 $269,029 89 DISBURSEMENTS. Loaned on mortgage......................................... : ................................ Loaned on shares.......... ....................................................................... Instalment dues repaid on withdrawal, or applied on loans. . . Paid income shares.............................................................................. Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid shares ................................................................................................. Paid matured shares............................................................................ Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire.................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid taxes, insurance, e tc.................................................................. Paid banking department, assessment............................ Officers’ bonds ....................................................................................... Metropolitan and State League dues............................................. Deposit on loans refunded.................................................... Suspense account ................................................................................. Cash on hand December 31, 1912...................................................... $103,150 14, 307 40, 243 2,700 7,805 00 00 00 00 30 1, 680 33,035 59, 500 127 2,226 751 SOO 1, 184 34 37 14 87 33 1,723 52 00 00 38 00 33 00 07 68 50 00 00 90 21 $269,029 89 Plan, serial. Par value of shares, $200 and $250. Instalments are $1 monthly. Shares in force January 1, 1912, 6,557% ; shares issued during the year, 3,516; shares withdrawn during the year, 1,022; shares in force, 9,051%. Borrowing members, 215, holding 2,521 shares; non-borrowing members, 907, holding 6,530% shares. Female shareholders, 580, holding 3,840 shares. Total dividends credited members during the year on instalment shares, $20,421.39; rate, 5% per cent. Total dividends credited or paid in cash to members dur ing the year on other shares, $1,680.52; rate, 4% per cent. Total dividends forfeited by withdrawing members during the year, $1,590.99. No unpaid withdrawals. Amount of shares matured during the year, $38,285. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,418.83. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings, New York, Queens, Richmond, Suffolk and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $10,000. Mortgages in force in New York State, $461,050. No foreclosures during the year. N e w Y ork C o u n ty. 2 35 NEW YORK CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. Nos. 35-43 West 125th street, New York, N. Y. [Organized under Law of 1851. Commenced business 1888.] Officers. Names. President.............[./Yl WM. M. EMBLER............................. Secretary ........... Y ... ISAAC S. MARTIN........................... Treasurer ................. JOHN R. BRODIE............................ Attorney ................... WILLIAM LANGDOX .................... Post-office addresses. 17 Beekman Place. 43 West 125th Street. 45 Vesey Street. 2 Rector Street. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Contracts for the sale of real estate............................................... Real e s t a t e ............................................................................................ Cash on hand and in bank................................................................ Interest, premium, fees and fines due and unpaid....................... Advances for taxes, insurance, e tc ................................................... $213,300 5,678 2,200 22, 907 31,486 308 56 00 00 00 95 57 14 80 $275,937 46 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, income shares..................................................... Dividends credited ...................................... Balance to be paid borrowers on mortgage loans........................ Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. Paid on lease contract........................................................................ Suspense account ......................................................................... Deposits on shares appropriated........................................................ $193,711 12,350 43,051 7,300 551 18,000 636 198 138 87 00 52 00 84 00 00 08 15 $275,937 46 RECEIPTS. Cash on hand January 1, 1912......................................................... Dues, on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid...................................................................... Real estate sold............ ; ..................................................................... Fees received ........................................................................................ Fines received ...................................................................................... Interest rece iv e d .................................................................................. Premium rece iv e d .......... ..................................................................... Rent receiv ed ........................................................................................ Profit on real estate............................................................................ Deficiency ju d g m en t............................................................................ Deposit on shares appropriated.......................................... Paid on lease contracts........................................................................ $21,902 52,106 60, 250 3,293 10, 600 7 275 11,309 4, 682 288 1,453 12 726 44 52 90 00 00 00 00 70 46 88 00 30 50 72 00 $166,951 98 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid onwithdrawal, orapplied on lo a n s ... Dividends paid on withdrawal, or applied onloans.................... Cash dividends paid on income and accumulativfe prepaid shares ................................................................................................. Paid matured shares............................................................................ Paid for real estate.............................................................................. $53,200 2,886 24,417 1,938 00 00 77 61 617 50 16, 000 00 25,167 95 236 R eport on S a v in g s a n d L o an A ssociations . Paid salaries and clerk h ire.............................................................. Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, assessment.............................................. Officers’ bonds ....................................................................................... Advances for taxes, insurance, e tc ................................................. Legal services ....................................................................................... Deposits on appropriations repaid.................................................... Office repairs and insurance.............................................................. Commissions ......................................................................................... Heating and lighting.................................................................... '. . . . Cash on hand December 31, 1 9 1 2 ................................................... $3,905 434 585 10 3,812 19 60 21 1,362 782 68 95 81 31,486 00 44 00 38 35 29 00 60 07 50 24 50 21 57 $166,951 98 Plan, serial. Par value of shares, $200 and $250. Instalments are 20 cents and 25 cents weekly. Shares in force January 1, 1912, 4,172; shares issued during the year, 2,133%; shares withdrawn during the year, 1,263%; shares in force, 5,042. Borrowing members, 89, holding 950 shares; non-borrowing members, 583, holding 4,092 shares. Female shareholders, 237, holding 1,447 shares. Total dividends credited members during the year on instalment shares, $11,103.66; rate, 6 per cent. Total dividends credited or paid in cash to mem bers during the year on other shares, $617.50; rate, 5 per cent. Total divi dends forfeited by withdrawing members during the year, $1,504.68. No unpaid withdrawals. Amount of shares matured during the year, $16,000. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $5,133.89. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 40 cents per share. Loans have been made in Nassau, New York, Kings, Queens, Richmond and Westchester counties, New York State, and in Connecticut and New Jersey. Largest mortgage loan outstanding, $9,000. Mortgages in force in New York State, $199,175. Three foreclosures during the year. THE NEW YORK EDISON SAVINGS AND LOAN ASSOCIATION. No. 55 Duane street, New York, N. Y. [Organized under Law of 1910. Officers. President. Secretary. Treasurer Attorney. Commenced business 1912.] Names. Post-office addresses. ATHUR W ILLIAM S.................................... 55 Duane Street. J. C. ROBINSON.......................................... 55 Duane Street. W. E. FREEMAN...................................... 55 Duane Street. BEARDSLEY, HEMMENS & JAYLO R. 54 Wall Street. ASSETS. Loans on bonds and mortgage ........................................................ Loans on shares.................................................................................... Cash on hand and in bank.................................................................. Instalments due and unpaid.............................................................. Interest, premium, fees and fines due and unpaid......................... Appraisals, etc., due and Unpaid........................................................ $13, 710 00 200 00. 3,013 36 369 50 1851 270 78 $17,582 15 N ew Y ork C o u n ty. 237 LIABILITIES. Due shareholders, instalment shares ............................................. Due shareholders, savings shares ................................................... Due shareholders, accumulative prepaid shares ......................... Due shareholders, income shares ................................................... Due shareholders, juvenile savings shares ................................... Dividends credited .............................................................................. Contingent fund (as per section 225 of Banking L a w )............... Dues, etc., prepaid .............................................................................. $14,278 569 1, 275 1,200 23 166 9 59 75 25 00 00 75 44 96 00 $17,582 15 RECEIPTS. Dues on instalment shares credited to members........................... Dues on savings shares .................................................................... Dues on accumulative prepaid shares ........................................... Dues on income shares ...................................................................... Dues on juvenile savings shares..................................................... Money b orrow ed................................................................................... Interest received .................. ..................•........................................... Advances repaid ........................................... Deposits to secure loans...................................................................... Dues prepaid ........................................................................................ Interest on bank balance...................................................................... Interest reb a ted ..................... $14,164 808 1, 275 1, 200 23 2, 000 142 71 75 34 24 18 25 50 00 00 75 00 93 85 00 00 46 33 $19,838 07 DISBURSEMENTS. Loaned on m ortg ag e........................................................................... Loaned on shares ................................................................................ Instalment dues, repaid on withdrawal, or applied on loans. .*.. Paid savings shares ............................................................................ Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Appraisals, etc................................................................................... .... Interest refunded ................................................................................ Cash on hand, December 31, 1912................................................... $13, 710 200 258 239 2, 000 25 389 2 3,013 00 00 50 25 00 83 13 00 36 $19,838 07 Plan, serial. Par value of shares, $100 and $200. Instalments are 25 cents weekly and $1 monthly. Shares in force January 1, 1912, none; shares issued during the year, 3 320; shares withdrawn during the year, 72; shares in force, 3,248. Borrowing members, 16, holding 212 shares; non-borrowing members, 506, holding 3,036 shares. Female shareholders, 51, holding 286 shares. Total dividends credited members during the year on instalment shares, $134.68; rate, 4.5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $31.76; rate, 4 per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, none. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Kings and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $3,600. Mortgages in force in New York State, $11,450. No foreclosures during the year. 238 R epoet on S a v in g s a n d L oan A ssociations , NORTH NEW YORK SAVINGS AND LOAN ASSOCIATION. No. 2796 Third avenue, New York, N. Y. [Organized under Law of 1851. Commenced business 1888.] Officers. Names. President............. ROBERT B R O W N ..................... Secretary ............. j Z GEORGE. W. C U D L IPP . Treasurer ................./W IL L IA M H. WRIGHT. Attorney .................* * J. HOMER HILDRETH ASSETS. Loans on bonds and mortgage................................. Loans on shares ......................................................... Real estate .................................................................. Cash on hand and in bank....................................... . Furniture and fixtures............................................... Interest, premium, fees and fines due and unpaid Operating account ..................................................... Post-office addresses. 100 William Street. 657 Park Avenue. 351 East 141st Street. Smith Bldg., 3d Ave. and 14Sth Street. .................. .................. .................. .................. .................. .................. .................. $215, 650 2,900 4,011 6,037 106 3, 496 439 00 00 87 22 53 13 99 $232,641 74 LIABILITIES. ----- ■ Due shareholders, instalment shares................................................ Borrowed money .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... Architect and appraisal fees.............................................................. $213,298 7, 000 1, 481 10, 664 197 10 00 50 90 24 $232,641 74 RECEIPTS. ------- Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares rep a id .................................................................. .. Fees received ......................................................................................... Interest r eceiv ed ................................................................................... Premium received ................................................................................ Rent received ....................................................................................... Architect and appraisal fees.............................................................. Operating account .............................................................................. ■ ------- : $22,059 43,797 8, 000 13,950 4, 595 1 11,051 275 331 248 439 28 92 00 00 00 00 35 75 80 47 99 $104, 750 56 DISBURSEMENTS. Loaned on m ortg a g e............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s ... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages............ Paid for real estate.............................................................................. Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, assessment............................................. Su n dries.................................................................................................. Architect and appraisal fees.............................................................. Interest refunded ................................................................................ Premium refunded .............................................................................. Cash on hand, December 31, 1912...................................................... • ■ -------- $57, 950 4, 400 32, 617 1,000 96 439 850 68 240 108 426 16 161 261 58 18 6,037 00 00 01 00 85 flu 00 60 00 75 55 59 10 25 ?(! 39 22 $104,750 56 ISTe w Y o r k C o u n t y . 239 Plan, permanent. Par value of shares, $100 and $250. Instalments are 10 cents and 25 cents weekly. Shares in force January 1, 1912, 1,615; shares issued during the year, 652; shares withdrawn during the year, 297; shares in force, 1,970. Borrowing members, 22, holding 250 shares; non-borrowing members, 337, holding $1,720 shares. Female shareholders, 150, holding 693 shares. Total dividends credited members during the year on instalment shares, $10,776.70; rate, 5V. per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,319.70. Unpaid, none. Premiunr plan, instalment. Interest paid by borrowing members, 5 per cent, and 6 per cent. Premium paid by borrowing members, 21 cents per share. Loans have been made in New York county, New York State. Largest mort gage loan outstanding, $7,000. Mortgages in force in New York State, $215,650. No foreclosures during the year. POLONIA CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 107 East Seventh street, New York, N. Y. [Organized under Law of 1894. Officers. President.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1903.] Names. LEON F. WAZETER......................... IGNATIUS W. RAITH ..................... ANTONI CHOTKOWSKI............... FRANCIS X. WAZETER................ Post-office addresses. 109 East Third Street. 130 East Third Street. 104 E. Seventh Street. 346 Broadway. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares.................................................................................... Cash on hand and in hank.................................................................. Furniture and fixtures........................................................................ $22, 900 155 4, 989 75 00 00 74 00 $28,099 74 LIABILITIES. Due shareholders, instalment shares ...................................... Due shareholders, accumulative prepaid shares......................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )......... $2, 621 24,450 136 689 201 50 00 90 40 94 $28,099 74 RECEIPTS. Cash on hand January 1, 1912......................................................... Dues on instalment shares credited to members........................... Dues on accumulative prepaid shares............................................. Loans on. shares repaid...................................................................... Fines received ...................................................................................... Interest received .................................................................................. Contingent fund account by profit and loss................................... Dividend account by profit and loss................................................. E xch ange................................................................................................ $7,506 3,235 7,150 1,185 91 CO 00 00 76 1,050 24 36 30 919 23 40 $21,033 84 240 R eport on S a v in g s a n d L o an A ssociations . DISBURSEMENTS. Loaned on mortgage ........................................................................... Loaned on sh ares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Paid accumulative prepaid sh a r e s.............. ..................................... Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on incohie and accumulative prepaid shares Paid salaries and clerk-hire.............................................................. Paid r e n t ................................................................................................ Paid banking department, assessment............................................. Su n dries.................................................................................................. Profit and loss to dividends................................................................ Profit and loss to contingent fu nd..................................................... E xchange................................................................................................. Cash on hand, December 31, 1912...................................................... $6, 500 530 3, 194 3, 750 67 790 235 64 1 24 919 36 00 00 50 00 67 50 00 00 88 32 23 30 70 4,969 74 $21,083 S4 Plan, permanent. Par value of shares, $100. Instalments are 25 cents weekly. Shares in force January 1, 1912, 624; shares issued during the year, 57; shares withdrawn during the year, 128; shares in force, 553. Borrowing members, 6, holding 18 shares; non-borrowing members, 92, holding 535 shares. Female shareholders; 55, holding 314 shares. Total dividends cred ited members during the year on Instalment shares, $74.23; rate, 2 per cent. Total dividends credited or paid in cash to members during the year on other shares, $845; rate, 2 per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $323.62. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in New York county, New York State. Largest mort gage loan outstanding, $6,500. Mortgages in force in New York State, $22,900. No foreclosures during the year. PRODUCE EXCHANGE BUILDING AND LOAN ASSOCIATION. No. 9 Stone street, New York, N. Y. [Organized under Law of 1851. Commenced business 1888.] Officers. Names. President..................... ALFRED R O M E R ................................. Secretary ................... HENRY A. PALMSTINE.................... Treasurer ............ / HENRY A. PALMSTINE....................... MORTIMER W. BYERS...................... Attorney .............. Y. PoSt-office addresses. 26 Beaver Street. 9 Stone Street. 9 Stone Street. 41 Park Row. ASSETS. Loans on bond and mortgage............................................................ Contracts for the sale of real estate............................................... Real e s t a t e ............................................................................................. Cash on hand and in bank.................................................................. Advances to shareholders.................................................................... ’ $15,829 1,606 . 3, 959 12, 066 694 59 92 04 35 73 $34,156 63 LIABILITIES. Due shareholders, instalment shares.............................................. Dividends credited ....................................... ; ..................................... $1,398 00 285 72 N e w Y okk C o u n t y . Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).......... Suspense account ................................................................................ 2 41 $19, 926 63 12,505 85 40 43 $34,156 63 RECEIPTS. Cash on hand January 1,1912.......................................................... Mortgages redeemed, foreclosed or transferred to real estate Fees re ce iv e d ......................................................................................... Interest received .................................................................................. Sale of s a f e ............................................................................................ Contract of s a le .....................■.............................................................. Reserve fund ........................................................................................ Bank exch an ge...................................................................................... $7,597 51,700 3 3, 428 115 1, 653 30 1 27 00 00 88 00 08 92 00 $64,529 15 DISBURSEMENTS. Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans.................. Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage......................................... Paid r e n t ............................................................................................... Paid banking department, exam ination ........................................ Paid banking department, assessment . .. . ‘................................. Reserve fund ........................................................................................ Profit and l o s s ...................................................................................... Special dividend .................................................................................. Legal expenses .................................................................................... Bank exch an ge.................................1................................................... Contract of sale.................................................................................... General expenses.................................................................................. Cash on hand December 31, 1912..................................................... $39, 628 9,766 1,800 20 453 18 6 431 127 36 50 1 10 113 12,066 50 18 00 63 32 50 29 46 00 72 00 00 00 20 35 $64,529 15 Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 872; shares issued during the year, none; shares withdrawn during the year, none; shares in force, 872. Borrowing members, 2, holding 16 shares; non-borrowing members, 90, holding 856 shares. Female shareholders, 35, holding 342 shares. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $2,387.15. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 50 cents per month per share. Loans have been made in Westchester county, New York State, and in New Jersey. Largest mortgage loan outstanding, $6,800. Mortgages in force in New York State, $4,500. No foreclosures during the year. 242 R eport on S a v in g s a n d L oan A ssociations . RAILROAD BROTHERHOODS’ SAVINGS AND BUILDING ASSOCIATION. No. 505 Fifth avenue, New York, N. Y. [Organized under Law o f 1851. -Commenced business 1891.] Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Names. Post-office addresses. EPHRAIM I. BAKER................................ 505 Fifth Avenue. MICHAEL J. O’BRIEN............................ 505 Fifth Avenue. JOHN J. McGRANE................................ 505 Fifth Avenue. WILLIAM LANGDON ............................ 2 Rector Street. ASSETS. Loans on bond and mortgage.............................................................. Cash on hand and in bank.................................................................... $106,500 00 6, 942 83 $113,442 83 LIABILITIES. Due shareholders, instalment shares............................................... Earnings u n d iv id ed .............................................................................. Contingent fund (as per section 225 of Banking L a w )............... $105, 387 36 528 59 7, 526 88 $113,442 83 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrowed ........................... ....................................................... Mortgages redeemed, foreclosed or transferred to real estate. . . Fines received ....................................................................................... Interest received ................................................................................... Premium received ............................................................................... $7,765 49, 691 4, 500 22, 950 7 4, 991 2,419 73 11 00 00 70 53 83 $92,325 90 DISBURSEMENTS. Loaned on mortgage.............................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid banking department ............................................................... Officers’ bonds ................................................................................ \ . . Metropolitan and State League dues............................................. Notary fees ............................................................................................ Canceled account redeem ed................................................................ Cash on hand December 31, 1912...................................................... $23, 400 55, 535 4, 500 45 1,389 35 300 39 20 30 2 84 6,942 00 70 00 00 50 50 00 93 00 00 50 94 83 $92,325 90 Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 2,396; shares issued during the year, 4 2 i; shares withdrawn during the year, 479; shares in force, 2,338. Borrowing members, 39, holding 456 shares; non-borrowing members, 288, holding, 1,882 shares. Female shareholders, 97, holding 575 shares. Total dividends credited members during the year on instalment shares, $5,337.24; rate, 6. per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $1,777.50. Unpaid, none. 243 N ew Y ork C o u n ty. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. No stated premium. Loans have been made in Kings, Queens, Rockland and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $8,250. Mortgages in force in New York State, $62,550. No foreclosures dur ing the year. RAILROAD CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 103 Park avenue, New York, N. Y. [Organized under Law of 1851. Commenced business 1890.] Officers. Names. President...............✓ JOHN F. FAIRLAMB.............................. Secretary .............S/. GEORGE A. MARTIN........................... ALONZO H. JOSEPH........................... Treasurer ...........: . . Attorney ................... HENRY P. GRIFFIN............................ Post-office addresses. Yonkers, N. Y. Yonkers, N. Y. 425 Park Avenue. White Plains, N. Y. ASSETS. Loans on bond and mortgage............................................................ $1,172, 674 99 Loans on shares.................................................................................... 21,250 82 Stocks and bonds.................................................................................. 29.886 81 Contracts for the sale of real estate................................................. 8, 600 10 Real estate ............................................................................................ 1, 000 00 Cash on hand and in bank.................................................................. 1, 756 93 Furniture and fixtures........................................................................ 812 75 Interest, premium, fees and finesdue and unpaid......................... 1,709 88 Advances for taxes, insurance, etc..................................................... 101 63 $1,237,793 91 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, savings shares....................................................... Dividends c re d ite d ................................................................................ Borrowed m o n e y .................................................................................. Earnings u ndivid ed........................................................... Contingent fund (as persection 225 of Banking L a w ).................. Suspense account ............................................. Loan expense security.................................................................. . ••• A d v a n ces................ $288, 809 817,856 64, 557 21, 000 285 44,200 410 476 197 00 24 66 00 98 00 98 80 25 $1,237,793 91 RECEIPTS. Cash on hand January 1, 1912........................................................... Dues on instalment shares credited to members........................... Dues on savings shares........................................................................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate... Loans on shares repaid.............................................. Fines received ...................................................................................... Interest received ................................................................................ Premium received ................................................................................ Advances repaid ............................................. Reverted dividends .............................................................................. Real estate contracts............................................................................ Loan expense security.......................................................................... Com m issions.......................................................................................... M iscellaneous........................................................................................ $2,208 87, 365 312,292 85, 300 153,101 23,889 126 64,572 536 1,196 170 1,280 1,492 419 1, 550 12 00 68 00 34 14 82 69 08 95 88 12 15 87 04 $735,501 88 244 R eport on S a y in g s a n d L o an A ssociations . DISBURSEMENTS. Loaned on mortgage............................................................................. Loaned on shares.................................................................................... Instalment dues repaid on withdrawal, or applied on loans. . . Paid savings shares ............................................................................ Dividends paid on withdrawal, or applied on loans................... Paid matured shares ........................................................................ Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire............................................................... Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, assessment........................................... Advances for taxes, insurance, etc.................................................... Loan expense security............................... .....................................: . . Office expen ses....................................................................................... F u rn itu re................. Suspense account ................................................................................. Directors’ fees ....................................................................................... M iscellaneous........................................................................................ Cash on hand December 31, 1912....................................................... $407,512 22,975 59, 123 122, 496 8,706 25, 126 72,800 507 6,021 653 839 1,599 74 1,019 1,436 403 647 1,128 173 499 1,756 95 00 00 81 52 49 00 52 99 30 16 75 79 11 85 10 75 79 00 07 93 $735,501 88 Plan, permanent. Par value of shares, $200. Instalments are $1 per month. Shares in force January 1, 1912, 17,048; shares issued during the year, 9,919; shares withdrawn during the year, 2,097; shares in force, 24,870. Bor rowing members, 346, holding 105 shares; non-borrowing members, 1,971, holding 24,765 shares. Female shareholders, 563, holding 6,658 shares. Total dividends credited members during the year on instalment shares, $17,350.11; rate,*6 per cent.- Total dividends credited or paid in cash to members during the year on other shares, $34,990.97; rate, 5 per cent. Total dividends for feited by withdrawing members during the year, $170.88. No unpaid withdrawals. Amount of shares matured during the year, $25,126.49. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $8,673.01. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 40 cents per share. Loans have been made in Kings, Nassau, New York, Queens, Kichmond, Rockland and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $13,393.96. Mortgages in force in New York State, $847,128.92. No foreclosures during the year. SAFETY CO-OPERATIVE BUILDING, LOAN AND SAVINGS ASSOCIATION OF NEW YORK. No. 216 East Twenty-sixth street, New York, N. Y. [Organized under Law o f 1851. Officers. P resident................... Treasurer ................. Attorney ................... Commenced business 1888.] Names. Post-office addresses. HALSTEAD H. FROST, Jn......................... 141 Broadway. ROBERT G. HUNTER..................................... 873 Broadway. HALSTEAD H. FROST, J b .......................... 141 Broadway. ASSETS. Cash on hand and in bank................................................................ $18 00 LIABILITIES. Due shareholders, instalment shares........................................... .. $18> 00 H ew Y ork C o u n ty. 245 RECEIPTS. Cash on hand January 1, 1912....................................................... $18 00 DISBURSEMENTS. Cash on hand December 31, 1912..................................................... $18 00 Plan, serial and permanent. Par value of shares, $250. Instalments are 25 cents monthly. Shares in force January 1, 1912, 18; shares issued during the year, none; shares withdrawn during the year, none; shares in force, 18. No borrowing members. Non-borrowing members, 9, holding 18 shares. Female share holders, 1, holding 2 shares. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, none. Unpaid, none. No premium plan. No loans outstanding. No foreclosures during the year. SCANDINAVIAN BUILDING AND MUTUAL LOAN ASSOCIATION OF NEW YORE AND BROOKLYN. No. 207 East Fifty-sixth street, New York, N. Y. [Organized under Law of 1851. Officers. President . . . . 1 . . . . . Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. AUGUST HALLBLOM................. CHARLES G. EDLING................ ALBERT HANSEN .................... CHARLES W. LEEMAN............. Post-office addresses. 46 Vesey Street. 64 White Street. 1380 Plympton Avenue. 375 Fulton St., Brooklyn. ASSETS. Loans on bond and mortgage................................... Loans on shares............................................................ Contracts for the sale of real estate....................... Real e s t a t e .................................................................... Cash on hand and in bank....................................... Interest, premium, fees and fines due and unpaid Advances for taxes, insurance, etc........................... $9,043 605 1,000 4,454 416 203 137 80 00 00 38 13 98 84 $15,861 13 LlABILi'i'iiiiS. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Due shareholders, matured shares................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $9, 309 2, 023 3, 837 294 395 65 55 46 64 83 $15,861 13 RECEIPTS. Cash on hand January 1, 1912...................................................... Dues on instalment sharescredited to members............................. Mortgages redeemed, foreclosed or transferred to real estate. . Loans on shares repaid........................................................................ Interest re ceiv ed .................................................................................. Advances repaid .................................................................................. Reverted d iv id en d s.............................................................................. Apportioned dividen ds........................................................................ $443 1,303 2, 220 65 730 100 1 394 14 00 00 00 91 00 37 81 $5,258 23 246 R eport on S a y in g s a n d L o an A ssociations . DISBURSEMENTS. Loaned on shares ................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans................... Paid matured shares............................................................................ Paid salaries and clerk-hire.................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment............................................. Miscellaneous ....................................................................................... Cash on hand December 31, 1912...................................................... $325 00 1,436 00 331 50 2,445 81 120 00 22 50 50 00 61 94 19 30 1 35 28 70 416 13 ..... $5,258 23 Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 167; shares issued during the year, 6; shares withdrawn during the year, 34; shares in force, 139. Borrowing mem bers, 5, holding 44 shares; non-borrowing members, 17, holding 95 shares. Female shareholders, 3, holding 29 shares. Total dividends credited members during the year on instalment shares, $411.92; rate, 4 per cent. Total divi dends forfeited by withdrawing members during the year, $1.37. No unpaid withdrawals. Amount of shares matured during the year, $1,800. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $221.20. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Queens, Rockland and Westchester counties, New York State, and in New Jersey. Largest mortgage loan .outstanding, $3,800. Mortgages in force in New York State, $5,243.80. No foreclosures during the year. SERIAL BUILDING, LOAN AND SAVINGS INSTITUTION. No. 195 Broadway, New York, N. Y. [Organized under Law of 1851. Commenced business 1885.] Officers. Names. Post-office addresses. President.................... A. G. SAYLOR............................................... 195 Broadway. Vice-President........... JAMES R. BEARD........................................ 66 Broadway. Secretary ...................//E D W IN F. HOWELL................................... 253 Broadway. Attorney ................... ' JOHN T. MULHALL...................................... 206 Broad>vay. ASSETS. Loans on bond and m ortgage......................... Loans on shares................................................. Contracts for the sale of real estate............. Real estate .. i .................................................... Cash on hand and in bank............................. Furniture and fixtures..................................... Advances for taxes, insurance, e tc ................. $585,710 5,069 9,593 14,871 12,161 400 1,657 05 00 32 76 45 00 65 $629,463 23 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, savings shares...................................................... Due shareholders, income shares...................................................... Due shareholders, juvenile savings shares..................................... Dividends credited .............................................................................. $158, 405 106,799 235, 200 1,160 42, 235 00 00 00 10 93 N e w Y ork C ou n ty. Balance to be paid borrowers on mortgage loans......................... Prior mortgages .................................................................................. Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. 247 $16, 667 16, 500 15, 100 11, 307 26,088 27 00 00 88 05 $629,463 23 RECEIPTS. Qash on hand January 1, 1912.......................................................... $19,256 01 Dues on instalment shares credited to members......................... 49, 863 00 Dues on savings shares..................................................................... 72, 492 00 Dues on income shares...................... 56, 100 00 Dues on juvenile savings shares........................................................ 843 10 Money borrowed .................................................................................. 2, 900 00 Mortgages redeemed, foreclosed or transferred to real estate.. 56,052 18 Loans on shares repaid........................................................................ 6, 384 00 Real estate sold.................................................................................... 583 25 Interest receiv ed .................................................................................. 30, 637 89 Premium receiv ed ................................................................................ 523 84 Advances r e p a id ......................................................................................... 3,54619 Income dividends returned.................................................................. 173 62 M iscellaneous....................................................................... 9 82 Profit and loss...................................................................................... 74 72 $299,439 62 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................ Instalment dues repaid on withdrawal, or applied on loans. . . Paid savings sh a r e s............................................................................ Paid income shares ............................................................................ Paid juvenile savings shares.............................................................. Dividends paid on withdrawal, or applied on loans................... Cash dividends paid on income and accumulative prepaid sh a res.............................................................................................. ... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid for real estate............................................................................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... Advances for taxes, insurance, etc................................................. Miscellaneous expenses . . . ’. .............................................................. Office furniture .................................................................................... Cash on hand December 31, 1912............................................ $111,182 73 5,765 00 52, 285 00 38,719 00 36, 900 00 382 50 14,415 33 10,123 1,540 789 4,094 4,548 1,080 270 82 250 60 42 3, 969 544 231 12,161 22 38 23 85 50 71 00 50 47 50 77 38 60 50 45 $299,439 62 Plan, permanent. Par value of shares, $100 and $200. Instalments are $1 monthly. Shares in force January 1, 1912, 8,615; shares issued during the year, 5,927; shares withdrawn during the year, 2,158; shares in force, 12,384. Borrowing members, 159, holding 1,254 shares; non-borrowing members, 1,593, holding 11,130 shares. Female shareholders, 760, holding 5,017 shares- Total R eport on S a y in g s a n d L o an A ssociations . 248 dividends credited members during the year on instalment shares, $12,728.94; rate, 5.62 per cent. Total dividends credited or paid in cash to members during the year on other shares, $16,306.47;, rate, 4 per cent, and 5 per cent. No unpaid withdrawals. Amount of shares matured during the year, $24,800. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $6,443.81. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 10 cents per $100. Loans have been made in Kings, Nassau, New York, Orange, Queens, Rich mond, Rockland, Suffolk and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $7,000. Mortgages in force in New York State, $249',906.64. Two foreclosures during the year. SHERMAN PARK BAU-YEREIN No. i. No. 222 East Forty-second street, New York, N. Y. [Organized under Law of 1851. Officers. President. . Secretary . . Treasurer . Attorneys .. Commenced business 1892.] Names. ERNST PROBST ................................ JOHN EISENHAUER ........................ MARTIN W EISS................................... BARRETT & BUCKBEE...................... Post-office addresses. 246 East 57th Street. 244 East 30th Street. Sherman Park, N. Y. White Plains, N. Y. ASSETS Loans on bond and mortgage....................... Loans on shares............................................... Cash on hand and in bank........................... $6,600 00 400 00 3,843 78 $10,843 78 LIABILITIES. Due shareholders, instalment shares................................................ Due shareholders, savings Shares...................................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ Unearned or rebatable premium........................................................ $6,570 500 2, 488 954 180 149 16 00 46 90 49 77 $10, 843 78 RECEIPTS. . Cash on hand January 1, 1912.......................................................... Dues on instalment sharescredited to members........................... Loans on shares repaid........................................................................ Fees received ......................................................................................... Interest r e ce iv e d .................................................................................. Premium receiv ed ........................................................... Reverted d iv iden ds.............................................................................. $3,217 1,231 200 2 365 50 2 04 00 00 00 00 00 30 $5,067 34 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on loans. . . . Dividends paid on withdrawal, or applied on loans................... Paid salaries and clerk-hire ............................................................ Paid advertising, printing and postage......................................... $600 400 H6 30 50 12 00 00 00 60 00 95 N ew Y ork C ounty. 249 Paid banking department, examination......................................... Paid banking department, assessment.......................................... Cash on hand December 31, 1912...................................................... $1330 71 3,843 78 $5,067 34 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 100; shares issued during the year, 6; shares withdrawn during the year, 2; shares in force, 104. Borrowing mem bers, 0, holding 27 shares; non-borrowing members, 27, holding 77 shares. Female shareholders, 3, holding 16 shares. Total dividends credited members during the year on instalment shares, $420.87; rate, 7 per cent. Total divi dends credited or paid in cash to members during' the year on other shares, $25; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $2.30. No unpaid withdrawals. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $62.95. Unpaid, nonePremium plan, gross. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 10 per cent. Loans have been made in Westchester county, New York State. Largest mortgage loan outstanding, $1,400. Mortgages in force in New York State, $6,600. No foreclosures during the year. STAR CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. No. 257 Broadway, New York, N. Y. [Organized under Law o f 1851. Officer?. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. GEORGE H. PHILLIPS....................... CHRISTIAN PETERSEN..................... uiittlSTIAN P E T E R S E N .................. JAMES M. TULLY.............................. Post-office addresses. 432 Central Park, W. 247 Broadway. 247 Broadway. 271 Broadway. ASSETS. Loans on bond and mortgage.'.......................................................... Contracts for the sale of real estate............................................... Real e s t a t e ............................................................................................ Cash on hand and in bank.................................................................. Furniture and fixtures.........................................................-.............. Advances for taxes, insurance, etc................................................... $25, 250 2, 500 1,597 455 10 6 00 00 71 55 75 25 $29,820 26 LIABILITIES. Due shareholders, instalmentshares................................................ Dividends credited .............................................................................. Prior mortgages ............................................................. ■................... Earnings undivided ............................................................................ Contingent fund (as per section 225 o,f Banking L a w ).............. Suspense account ................................................................................ .......... .......— $11,515 5, 393 10, 000 344 2,479 87 31 40 00 45 60 50 $29, 820 26 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate.. Interest receiv ed ............................................................................... Premium receiv ed ................................................................................ Rent receiv ed ........................................................................................ — .......... .......... $587 1, 310 1,244 826 282 120 27 67 69 61 20 00 25 0 R eport on S a v in g s a n d L o an A ssociations . Advances repaid ................................................................................... Real estate contracts............................................................................ Safe s o l d ................................................................................................. Reverted div id en d s.............................................................................. $7 680 50 67 50 34 00 70 $5,176 98 DISBU RSEM EN TS. : ... ; Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Dividends paid on withdrawal, or applied on loans.................. Paid matured shares ...................................................., ..................■. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................. Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... Officers’ bonds ............................ Legal expenses...................................................................................... Auditors .............................................................................................. Trustees’ f e e s ........................................................................................ N o t a r y .................................................................................................... Sundry expenses .................................................................................. Discount on contract............................................................................ Suspense account ................................................................................ Cash on hand December 31, 1912..................................................... $766 338 2, 548 448 7 104 97 29 1 20 253 20 6 2 6 39 35 455 00 54 66 00 50 00 02 00 66 00 00 00 00 00 00 00 05 55 $5,176 98 Plan, permanent. Par value of shares, $200 and $250. Instalments are $1 monthly. Shares in force January 1, 1912, 163; shares issued during the year, 4; shares withdrawn during the year, 22; shares in force, 145. Borrowing mem bers, 7, holding 51 shares; non-borrowing members, 22, holding 94 shares. No record of female shareholders. Total dividends credited members during the year on instalment shares, $1,051.62; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $67.70. No unpaid withdrawals. Amount of shares matured during the year, $1,000.42. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $613.50. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 6 cents to 10 cents per week. Loans have been made in Kings, New York and Queens counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $4,000. M ort gages in force in New York State, $3,750. No foreclosures during the year. % y5 STEAMSHIP CLERKS’ SAVINGS AND LOAN ASSOCIATION. Pier 14, East River, New York City. [Organized under Law of 1910. Commenced business 1911.] Officers. Names. Post-office addresses. President . . ............... HENRY E. de B E D T S .. . 4092 Perris St., Woodhaven, L. I. Secretary .................. NAT. E. FARNHAM......... 128 Stiles St., Elizabeth, N. J. Treasurer ................. JOHN J. HARRINGTON. 307 W. 126th Street. Attorney..................... ^M ARTIN 'S. C O H E N .... 302 Broadway. ASSETS. Loans on- bond and mortgage Loans on shares................... Stocks and bonds.................... . $7,400 00 6,983 00 4,171 25 N e w Y ork C ounty. Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... 251 $566 92 40 50 133 18 $19,294 85 L IA B IL IT IE S . Due shareholders, instalment shares............................................... Due shareholders, savings shares................................................... Due shareholders, accumulative prepaid shares........................... Due shareholders, income shares..................................................... Due shareholders, juvenile savings shares..................................... Dividends credited .............................................................................. Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. $12, 532 43 2,147 16 1,800 00 100 00 1600 128 67 2, 000 00 558 18 12 41 $19,294 85 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Dues on savings shares...................................................................... Dues on accumulative prepaid shares............................................. Dues on income shares........................................................................ Dues on juvenile savings shares...................................................... Money borrowed .................................................................................. Loans on shares repaid........................................................................ Fines r e ce iv e d ...................................................................................... Interest receiv ed .................................................................................. Deposit on application for mortgage............................................... $738' 9,508263 300 100 44 2, 500 5,218 2 790 25 41 18 20 00 00 00 00 08 62 56 00 $19,490 05 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................. ................................................ Instalment dues repaid on withdrawal, or applied on loans. . . . Paid savings sh a r e s ............................................................................ Paid accumulative prepaid shares................................................... Paid juvenile savings shares. . . : ..................................................... Dividends paid on withdrawal, or applied on loans..................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid banking department, examination......................................... Paid banking department, assessm ent........................................... Officers’ bonds ...................................................................................... Secretary’s supplies ............................................................................ Deposits on applications refunded................................................... Subscriptions ........................................................................................ Safe deposit b ox .................................................................................... Bonds pu rchased.................................................................................. Interest on bond purchased .............................................................. Cash on hand December 31, 1912..................................................... $4, 000 7,834 3, 073 795 600 48 46 1,300 61 15 9 27 00 08 00 82 00 00 62 00 06 00 02 00 90 20 00 475 25 00 15 00 5 00 1, 021 25 21 63 566 92 $19,490 05 252 R eport on S avings and L oan A ssociations. Plan, permanent. Par value of shares, $200. Instalments are 25 cents weekly. Shares in force January 1, 1912, 917; shares issued during the year, 250; shares withdrawn during the year, 285; shares in force, 882. Borrowing members, 71, holding 438 shares; non-borrowing members, 09, holding 444 shares. Female shareholders, 15, holding 83 shares. Total dividends credited members during the year on instalment shares, $05; rate, 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $110.29; rate, 4 per cent. Total dividends forfeited by withdrawing members during the year, $1.94. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $68.77. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Westchester county, New York State, and in New Jersey. Largest mortgage loan outstanding, $3,400. Mortgages in force in New York State, $3,900. No foreclosures during the year. TEACHERS’ BUILDING AND LOAN ASSOCIATION OF NEW YORK CITY. No. 156 Fifth avenue, New York, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. JOHN F. WATERS.............................. RICHMOND B. ELLIOTT.................. SAMUEL McC. CROSBY...................... MAXWELL HALL ELLIO TT............. Post-office addresses. 156 Fifth Avenue. 156 Fifth Avenue. 69 East 94th Street. 277 Broadway. ASSETS. Loans on bond and mortgage..................................... Loans on shares............................................................ Beal estate .................................................................... Cash on hand and in bank......................................... Interest, premium, fees and fines due and unpaid Advances for taxes, insurance, etc........................... Suspended a c c o u n t........................................................ $363,088 5,660 127,580 23,896 3,864 691 256 79 00 00 55 71 46 81 . $525,038 32 LIABILITIES. Due shareholders, instalment shares............................................... $294, 642 Due shareholders, income shares........................................................ 9,400 Dividends credited .............................................................................. 49,528 Due shareholders, matured shares.................................................... 78,210 Balance to be paid borrowers on mortgage loans......................... 2,000 Prior m ortgages.................................................................................... 65, 000 Earnings undivided ............................................................................ 2, 628 22,865 Contingent fund (as per section 225 of Banking L a w )................ Personal a c c o u n t................................................................................... 513 Appraisal deposits . . ; ........................................................................ 172 Undivided profits .................................................................................................... 77 Dividend account ................................................................................ 00 00 79 00 00 00 62 34 40 13 80 24 $525,038 32 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income shares.......................................................................... Mortgages redeemed, foreclosed or transferred to real esta te... Loans on shares repaid............................. -.......................................... $32,277 58,765 6,400 53, 850 4,029 97 00 00 14 00 N e w Y ork C o u n ty. Fees received ........................................................................................ Fines received ..................................... . ............................................... Interest received .................................................................................. Premium received ................................................................................ Rent received.......................................................................................... Advances r e p a id .................................................................................... Expense account .................................................................................. Appraisal deposits ............................................... Reverted dividends ............................................................................ Matured shares .................................................................................... Suspended accounts ............................................................................ 253 $88 30 21, 952 1, 077 7, 750 325 20 154 658 20, 400 1,863 00 90 45 64 68 61 78 25 03 00 04 $209,643 58 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................................ '................................. Instalment dues repaid on withdrawal, or applied onloans. . . . Paid income shares.............................................................................. .. Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid sh a r e s.................................................................................................. Paid matured shares .......................................................................... Paid interest on borrowed money andprior mortgages................ Paid for real estate............................................................................ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid repairs to real estate................................................................ Paid taxes, insurance, etc................ Paid banking department, examination......................................... Paid banking department, assessment........................................... Advances for taxes, insurance, etc................................................... Profit and loss...................................................................................... Appraisal fees ...................................................................................... Legal expenses...................................................................................... Loss on real estate................................................................................ Suspended account .............................................................................. Expense account .................................................................................. Cash on hand December 31, 1912....................................................... $43,150.00 2, 260 00 43, 604 00 6,000 00 8,817 48 4, 461 41, 442 3, 250 17,220 2,894 75 450 4, 935 2,106 105 39 205 454 224 1, 421 235 2, 119 272 23,896 00 00 00 00 98 50 00 99 63 40 92 53 91 60 58 19 85 47 55 $209, 643 58 Plan, serial. Par value of shares, $200. Instalments ‘ are $1 monthly. Shares in force January 1, 1912, 5,623; shares issued during the year, 1,064; shares withdrawn during the year, 1,013; shares in force, 5,674. Bor rowing members, 63, holding 545 shares; non-borrowing members, 844, holding, 5,129 shares. Female shareholders, 796, holding 4,779 shares. Total dividends credited members during the year on instalment shares, $12,388.96; rate, 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $4,461; rate, 4 per cent. Total dividends forfeited by withdrawing members during the year, $454.91. No unpaid withdrawals. Amount of shares matured during the year, $20,400. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $3,692.95. Unpaid, none. 1 Premium plan, instalment. Interest paid by borrowing members, 5 per cent, and 6 per cent. Premium paid by borrowing members, 20 cents to 30 cents per share. Loans have been made in Kings, New York, Queens, Richmond and West chester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $15,500. Mortgages in force in New York State, $162,198.76. Six foreclosures during the year. 25 4 R eport on S a v in g s a n d L o an A ssociations . TEACHERS’ CO-OPERATIVE BUILDING AND LOAN ASSOCIATION OF THE CITY OF NEW YORK. No. 166 East Sixtieth street, New York, N. Y. [Organized under Law o f 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. JOSEPH G. FUREY............... MAGNUS GROSS .................... JAMES M. KIERAN............... F. C. LEUBUSCHER............... Post-office addresses. 3035 Ocean Ave., Brooklyn 620 West 179th Street. Boston Avenue, Bronx. 258 Broadway. ASSETS. Loans on bond and mortgage....................... Loans on shares................................................ Contracts for the sale of real estate.......... Real e s t a t e ........................................................ Cash on hand and in bank............................. . Furniture and fixtures................................... Advances for taxes, insurance, etc............... $143,550 3,137 3,440 7,000 5,016 150 24 00 00 00 00 11 00 00 $162,317 11 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Due shareholders, matured shares.................................................... Borrowed money ................................................................................. Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............... Suspense account ................................................................................ $100,782 21,213 26, 880 3,880 745 8, 000 816 00 96 00 00 15 00 00 $162,317 11 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Real estate sold..................................................................................... Fees received ........................................................................................ Fines received .......................................................................... Interest received ................................................................................... Premium r e ce iv e d ................................................................................ Rent re ce iv e d ......................................................................................... Advances repaid ................................ Dividend account . . . . : ...................................................................... Contingent fund .................................................................................. Reverted dividends ............................................................................. Real estate contracts............................................................................ Profit on real estate............................................................................ A p p ra isa ls............................................................................................... $1,572 19, 628 5, 000 20, 340 1,180 3, 150 32 152 7, 957 1, 023 510 403 5, 524 875 415 60 350 240 06 00 00 00 00 00 75 53 22 72 00 30 39 00 80 00 00 00 $68,414 77 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on loans. . . Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on income and accumulative prepaid sh a r e s................................................................................................... $10, 000 1,075 12, 500 1, 932 00 00 00 44 1,075 20 255 N ew Y ork C ounty. Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................. Paid interest on borrowed money and prior mortgages............. Paid for real estate.................................................................. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid repairs to real estate................................................................ Paid taxes, insurance, e tc.................................................................... Paid banking department, examination........................................... Paid banking department, assessment........................................... Advances for taxes, insurance, e tc ................................................... Real estate contracts................................... ........................................ Committee expenses ............................................................................ Legal expenses .................................................................................... General expenses ................................................................................... Contingent fund ................................................................................ Dividend account ................................................................................ Cash on hand December 31, 1912...................................................... $1, 924 13,200 567 7,443 1,558 97 200 580 423 32 12 239 3, 500 32 363 212 875 5,554 5,016 37 00 50 37 28 75 00 15 28 50 30 00 00 50 11 82 00 09 11 $68,414 77 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 1,809; shares issued during the year, 701; shares withdrawn during the year, 629; shares in force, 1,881. Borrowing members, 33, holding 513 shares; non-borrowing members, 237, holding 1,368 shares. Female shareholders, 237, holding 1,233 shares. Total dividends credited members during the year on instalment shares, $4,449.19; rate, 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,075.20; rate 4 per cent. Total dividends forfeited by withdrawing members during the year, $415.80. No unpaid withdrawals. Amount of shares matured during the year, $1,920. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $2,101.35. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 5 per cent, and 6 per cent. Premium paid by borrowing members, 25 cents per month per share. Loans have been made in New York, Kings, Queens and Westchester coun ties, New York State and in New Jersey. Largest mortgage loan outstanding, $16,480. Mortgages in force in New York State, $140,910. Two foreclosures during the year. TREMONT BUILDING AND LOAN ASSOCIATION. No. 1931 Washington avenue, New York, N. Y. [Organized under Law of 1851. Officers. President SecretaryTreasurer Attorney Commenced business 1884.] Post-office addresses. Names. THOMAS C. LEW IS........................ 2785 Briggs Avenue. .jmAOBERT I. LOMAS, JR.................. 1941 Concourse Street. 1937 Concourse Street. ^ M A R T IN WALTER ....................... TITLE GUARANTEE & TRUST CO. 176 Broadway. ASSETS. Loans on bond and mortgage........................................................... Loans on shares.................................................................................... Cash on hand and in bank.................................................................. $116,500 00 4,500 00 1, 851 00 $122,851 00 256 R eport on S a v in g s a n d L o an A ssociations . LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ) . . . ........ $97, 648 20, 479 2,694 2,129 00 46 21 33 $122,851 00 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrow ed .................................................................................... Mortgages redeemed, foreclosed or transferred to real esta te.. . Loans on shares repaid........................................................................ Fees r e ce iv e d ......................................................................................... Fines received ....................................................................................... Interest received .................................................................................. Premium rece iv e d ................................................................................ $2,160 23,409 4, 500 4, 700 2, 300 12 32 6,799 1, 363 45 50 00 00 00 00 66 00 97 $45,277 58 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................... ; .......... .................................. Instalment dues repaid on withdrawal, or applied on loa n s.. .. Dividends paid on withdrawal, or applied on loans..................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire............................................................... Paid advertising, printing and postage......................................... Paid r e n t ................................................................................................ Paid banking department, examination......................................... Paid hanking department, assessment........................................... Officers’ bonds ....................................................................................... State League dues................................................................................ J a n it o r .......................................... Cash on hand December 31, 1912....................................................... $12, 000 2, 950 12,428 1, 752 13,500 133 500 25 72 16 9 30 5 5 1, 851 00 00 50 05 00 43 00 25 00 35 00 00 00 00 00 $45,277 58 Plan, serial. Par value of shares, $100. Instalments are 50 cents monthly. Shares in force January 1, 1912, 3,999; shares issued during the year, 359; shades withdrawn during the year, 537; shares in force, 3,821. Borrowing members, 29, holding 1,497 shares; non-borrowing members, 92, holding 2,324 shares. Female shareholders, 55, holding 1,421 shares. Total dividends credited members during the year on instalment shares, $9,119.25; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $491.19. No unpaid withdrawals. Entrance or membership fee, 50 cents per member. Operating expenses, as defined in section 227 o f the Banking Law, incurred and paid during the year, $637.25. Unpaid, none. P.remium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 10 cents per share per month. Loans have been made in New \ork county, New York State. Largest mortgage loan outstanding, $9,500. Mortgages in force in New York State, $116,500. No foreclosures during the year. N e w Y ork C ounty. 257 UNION SQUARE PERMANENT CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. Metropolitan Building, No. 1 Madison avenue, New York, N. Y. [Organized Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... under Law of 1851. Commenced business 1888.] Names. Post-office addresses. JOHN W. GRIMMER......................... 240 East 20th Street. JOHN A. ENGLERT......................... 1 Madison Avenue. GEORGE S. LANGDON................... 139 East 23d Street. WILLIAM LANGDON...................... 2 Rector Street. ASSETS. Loans on bond and mortgage............................................................ Contracts for the sale of real estate............................................... Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ $34, 100 1, 726 2, 503 317 00 96 63 00 $38,647 59 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, income shares.................................................... Dividends c r e d ite d ......................................................i ...................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... $20,617 11, 150 4, 830 l t 173 875 99 00 59 96 05 $38,647 59 RECEIPTS. Cash on hahd January 1, 1912.................; ...................................... Dues on instalment shares credited to members.......... ................ Dues on income shares........................................................................ Mortgages redeemed, foreclosed or transferred to real estate.. Interest receiv ed .................................................................................. Premium r eceiv ed ................................................................................ Rent receiv ed ........................................................................................ Advances repaid .................................................................................. Appraisal fees ........................................................... ' ......................... Furniture and fixtures.................. Profit and loss................ ' . ................................................................... — . , . $5, 155 7,554 2,400 3,250 1, 798 868 230 52 4 15 99 14 (50 00 25 64 00 46 52 00 01 $21,329 01 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loans. . . Paid income shares.............................................................................. Dividends paid on withdrawal, or applied on loans..................... Cash dividends paid on ipcome and accumulated prepaid shares Paid salaries and clerk-fiire.................. Paid advertising, printing andpostage........................................... Paid rent .............................................................................................. Paid banking departm ent.................................................................. Officers’ bonds ...................................................................................... Advances for taxes, insurance, e tc................................................... Appraisal fees ................................................................. Furniture and fixtures.................................. Sundry expenses ............................................................................ — Cash on hand December 31, 1912....................................... .............. - ■- $600 00 6, 623' 96 8,750 00 1, 053 61 780 00 420 00 41 80 323 36 30 34 18 75 50 53 4 52 32 00 96 51 2,503 63 $21,329 01 9 258 R e p o r t o n S a v in g s a n d L o a n A s s o c ia t io n s . Plan, permanent. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 552; shares issued during the year, 42; shares withdrawn during the year, 97; shares in force, 497. Borrowing mem bers, 18, holding 133 shares; non-borrowing members, 95, holding 364 shares. Female shareholders, 28, holding 83 shares. Total dividends credited mem bers during the year on instalment shares, $1,146.97; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $780; rate, 5 per cent. No unpaid withdrawals. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $900.42. Unpaid, none. Premium plan, premium-interest. Interest paid by borrowing members, 5 per cent. Premium paid by borrowing members, 40 cents per share. Loans have been made in Kings, Queens and Westchester counties, New York State, and in New Jersey. Largest mortgage loan outstanding, $3,000. Mortgages in force in New York State, $29,600. No foreclosures during the year. WEST END CO-OPERATIVE BUILDING AND LOAN ASSOCIATION. (Permanent.) No. 271 West 125th street, New York, N. Y. [Organized under Law o f 1851. Officers. P resident.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1887.] Names. FREDERICK HULBERG................ PH ILIP E. DOLAN........................ ISAAC W. COLE.............................. WILLIAM LANGDON...................... Post-office addresses. 265 West 125th Street 42 Wall Street. 654 West 142d Street. 2 Rector Street. ASSETS. Loans on bond and m ortgage.............................................................. Peal e s t a t e ............................................................................................. Cash on hand and in bank.................................................................. Furniture and fixtures........................................................................ Interest, premium, fees and fines due and unpaid....................... $14, 875 00 6, 697 39 319 95 200 00 250 42 $22,342 76 LIABILITIES. Due shareholders, instalment shares............................................. Dividends credited ............................................................................... Due shareholders, matured shares................................................... Borrowed m o n e y ................................................: ................................ Earnings undivided ...................................................... ; .................... Contingent fund (as per section 225 of Banking L a w )............ $14,163 474 3,750 3, 000 555 400 51 12 00 00 13 00 $22, 342 76 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members............................ Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Interest r e ce iv e d ............................ Premium r eceiv ed ................................................................................ Rent received .. : ................................................................................... $305 70 976 47 1,250 00 20 00' 639 27 299 97 314 00 $3,805 41 N e w Y ork C ounty. 259 DISBURSEMENTS. Loaned on shares........................................................... ...................... Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Cash dividends paid on income and accumulative prepaid shares Paid matured shares .......................................................................... Paid interest on borrowed money andprior mortgages................ Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid repairs to real estate................................................................ Paid taxes, insurance, etc.................................................................. Paid banking department, examination......................................... Paid banking department, assessment........................................... Officers’ bonds ...................................................................................... Cleaning o ffic e ..................................................... Light, heat, e tc ............................................................. Insurance on office furnishings.......................................................... Cash on hand December 31, 1912...................................................... $20 00 1, 101 39 139 50 1, 250 00 ISO 00 281 00 64 73 240 00 48 50 65 40 12 00 178 4 00 48 00 22 68 6 48 319 95 $3,805 41 Plan, permanent. Par value of shares, $100 and $250. Instalments are 25 cents weekly. Shares in force January 1, 1912, 267% ; shares issued during the year, 5 ; shares withdrawn during the year, 17; shares in force 255%. Borrowing members, 14', holding 59% shares; non-borrowing members, 35, holding 196 shares. Female shareholders, 15, holding 72'shares. Total dividends credited members during the year on instalment shares, $474.12; rate, 4 per cent. Total dividends credited or paid in cash to members during the year on other shares, $139.50; rate, 3 per cent. Amount of filed and unpaid withdrawals December 31, 1912, $1,823.87. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $666.89. Unpaid, none. Premium plan,' instalment. Interest paid by borrowing members, 5 per cent, and 6 per cent. Premium paid by borrowing members, 2 per cent. Loans have been made in Kings, New York, Queens and Westchester counties, New York State. Largest mortgage loan outstanding, $4,750. Mortgages in force in New York State, $14,875. N o foreclosures during the year. WEST SIDE MUTUAL BUILDING, LOAN AND SAVING ASSOCIATION OF THE CITY OF NEW YORK. No. 267 W est Thirty-fourth street, New York, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney . 1 ............... Commenced business 1888.] Names. FRANK H. GRAF................................ ELDRIDGE N. SMITH......................... HENRY W. LEIN ................................. BENJAMIN PATTERSON ................ Post-office addresses. 322 Seventh Avenue Lynbrook, N. Y. 423 W. 43d Street. 302 Broadway. ASSETS. Loans on bond and m ortgage.^........................................................ Cash on hand and in bank........ *....................................................... Accrued in te r e s t....................................... ...........................................• $102,450 00 451 64 2 00 $102,903 64 26 0 R e p o r t on S a v in g s a n d L o a n A s s o c ia t io n s . LIABILITIES. Due shareholders, instalment shares............................................. Due shareholders, income shares...................................................... Balance to be paid borrowers on mortgage loans......................... Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $72,684 20,700 1, 500 1, 550 3, 469 3,000 16 00 00 00 48 00 $102,903 64 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income shares........................................................................ Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Fines received ...................................................................................... Interest rece iv e d .................................................................................. Premium receiv ed ................................................................................ E x ch a n g e................................................................................................ $1,686 30, 796 7,900 25, 650 7, 700 45 4, 890 1, 446 5 60 36 00 00 00 82 05 02 01 $80,119 86 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on loa n s.. . . Paid income shares...................... ............1......................................... Cash dividends paid on income and accumulative prepaid shares Paid borrowed money and prior mortgage................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage.........................„ ............. Paid rent ............................................................................................... Paid banking department, assessment...................................... Officers’ bonds ....................................................................................... State League dues................................................................................ Metropolitan League dues.................................................................. Moving s a f e ........................................................................................... Cash on hand December 31, 1912...................................................... $29,200 21, 721 3,000 845 24, 100 221 409 44 83 6 6 5 14 10 451 00 14 00 66 00 99 99 68 34 42 00 00 00 00 64 $80,119 86 Plan, permanent. Par value of shares, $100 and $200. Instalments are 25 cents weekly. Shares in force January 1, 1912, 2,018% ; shares issued during the year, 1,016; shares withdrawn during the year, 250; shares in force, 2,784%. Borrowing members, 50, holding 1,053% shares; non-borrowing members, 168, holding 1,731 shares. Female shareholders, 72, holding 829% shares. Total dividends credited members during the year on instalment shares, $3,352.43; rate, 6 per cent. Total dividends credited or paid in cash to members during the year on other shares, $845.66; rate, 5 per cent. No unpaid withdrawals. No entrance or membership fee. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid dur ing the year, $573.01. Unpaid, none. Premium plan, instalment. Interest paid, by borrowing members, 5% per cent. Premium paid by borrowing members, 2% cents, 3 cents and 3% cents per $100 per week. Loans have been made in New York, Richmond, Queens and Westchester counties, New York State, and in New Jersey. Largest mortgage loan out standing, $4,000. Mortgages in force in New York State, $32,550. No fore closures during the year. N ia g a r a C o u n t y . 261 NIAGARA COUNTY. HOME CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. Main street, North Tonawanda, N. Y. [Organized under Law of 1909. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1911.] Names. F. A. MeCOY................................... EDWARD W. MESSING............. H. SM O Y ER................................... D. G. O’DAY................................ Post-office addresses. North Tonawanda, N. Y. North Tonawanda, N. Y. North Tonawanda, N. Y. Tonawanda, N. Y. ASSETS. Loans on bond and mortgage............................................................ Cash on hand and in bank.................................................................. Instalments due and unpaid........................................ Interest, premium, fees and fines due and unpaid. . $13,650 00 281 78 $20.00 9.41 $13,931 78 LIABILITIES. Due shareholders, instalment shares.............................................. Dividends credited .............................................................................. Borrowed 'money .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. Suspense account ............ $11,458 508 1, 650 212 100 3 00 50 00 28 00 00 $13,931 78 RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Fees received ........................................................................................ Fines received ...................................................................................... Interest r eceiv ed .................................................................................. Premium received ................................................................................ Reverted dividends ................................................................. Suspense account ................................................................................ $29 78 9, 873 75 8, 100 00 223 50 20 25 527 83 46 50 33 14 3 00 $18,857 75 DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on lda n s.. . . Dividends paid on withdrawal, or applied on loans..................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage......................................... Paid banking department, examination.............................'........... Paid banking department, assessment............................................. Officers’ bonds * ............................................. , ...................................... Overpayment on mortgage.................................................................. Cash on hand December 31, 1912..................................................... $8, 970 00 2, 752 50 82 85 6, 552 00 70 76 67 20 46 70 20 60 36 8 00 5 00 281 78 $18.857 75 262 R e p o r t o x S a v in g s a n d L o a n A s s o c ia t io n s . Plan, serial. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 470; shares issued during the year, 890; shares withdrawn during the year, 355; shares in force, 1,005. Borrowing members, 12, holding 99 shares; non-borrowing members, 117, holding 906 shares. Female shareholders, 30, holding, 169 shares. Total dividends credited members during the year on instalment shares, $409.55; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $33.14. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 o f the Banking Law, incurred and paid during the year, $121.90. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 15 cents per share per week. Premium paid by borrowing members, 2 cents per share per week. Loans have been made in Erie and Niagara counties, New York State. Largest mortgage loan outstanding, $1,950. Mortgages in force in New York State, $13,650. No foreclosures during the year. LOCKPORT SAVING AND LOAN ASSOCIATION. No. 6 Hodge Opera House Block, Lockport, N. Y. [Organized under Law of 1851. . Officers. P resident.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. Post-office- addresses. JOHN A. MCLAUGHLIN............................ Lockport, N. Y. MARK J. T O V E L L ....................................... Lockport, N. Y. J. WALTER D U N CAN ................................. Lockport, N. Y. CHARLES C. DELUDE................................. Lockport, N. Y. ASSETS Loans on bond and mortgage....................... Loans on shares................................................ Cash on hand and in bank............................. Furniture and fixtures................................... $147,550 2,210 5,172 125 00 00 16 00 $155,057 16 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited ............................................................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. $128, 900 20,838 138 5,179 75 60 65 16 $155,057 16 RECEIPTS. Cash on hand January 1, 1912........................................................'.. Dues on instalment shares credited to members........................... Mortgages redeemed, foreclosed or transferred to real estate... Loans on shares repaid........................................................................ Fees received .......................................................................... Interest received ................................................................................... Premium rece iv e d ................................................................................ $4,069 47,139 11, 310 780 410 8.248 540 45 50 00 00 75 02 78 $72,498 50 DISBURSEMENTS. Loaned on mortgage..................................... ......................................... Loaned on shares.............................................................. ‘. ................. Instalment dues repaid on withdrawal, or applied on loa n s.. . . Dividends paid on withdrawal, or applied on loans....................... $27,040 1,040 34.165 4,277 00 00 00 22 X ia g a r a C o u n t y . 263 Paid salaries and clerk-hire............................................................... Paid advertising, printing and postage........................................... Paid r e n t ........................................................................................ Paid banking department, assessment............................................. State League dues................................................................................ Cash on hand December 31, 1912....................................................... $650 63 75 10 5 5, 172 00 16 00 46 50 16 $72,498 50 Plan, serial. Par value of shares,. $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 3,395; shares issued during the year, 1,643; shares withdrawn during the year, 1,443; shares in force, 3,595. Borrowing members, 193, holding 1,207 shares; non-borrowing members, 500, holding 2,388 shares. Female shareholders, 335, holding 1,485 shares. Total dividends credited members during the year on instalment shares, $8,368.21; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $599.62. No unpaid withdrawals. Amount of shares matured during the year, $10,920. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $793.66. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per cent. Premium paid by borrowing members, 1 cent per share per week. Loans have been made in Erie and Niagara counties, New York State. Largest mortgage loan outstanding, $5,070. Mortgages in force in New York State, $147,550. No foreclosures during the year. NIAGARA PERMANENT SAVINGS AND LOAN ASSOCIATION. No. 5 Falls street, Niagara Falls, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary ................... Treasurer ................. Attorneys................... Commenced business 1887.] Names. FRANK L e BLOND............................... Post-office addresses. Niagara Falls, N. Y. ANN E. RAE........................................... CARY & WALLACE.............................. Niagara Niagara ANN E. R A E ...................... •..................... Niagara Falls, N. Y. Falls, N. Y. Falls, N. Y. ASSETS Loans on bond and mortgage....................... Loans on shares............................................... Contracts for the sale of real estate.......... Beal estate ........................................................ Cash on hand and in bapk............................. Furniture and fixtures................................... Advances for taxes, insurance, e tc .............. $1,389,210 48,456 14,819 18,432 5,591 350 430 00 00 25 li 40 00 23 $1,477,288 99 LIABILITIES. Due shareholders, instalment shares............................................... Due shareholders, income shares........................................................ Dividends credited .............................................................................. Borrowed m o n e y .................................................................................. Earnings undivided .......................................................................... . Contingent fund (as per section 225 of Banking L a w ).............. $843,103 383,980 145, 939 24, 000 22,266 58,000 25 00 49 00 25 00 $1,477,288 99 264 R e p o r t o n S a v in g s a n d L o a n A s s o c ia t io n s . RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Dues on income shares........................................................................ Money b o rro w e d .................................................................................... Mortgages redeemed, foreclosed or transferred to real estate... Loans on shares repaid.................... Fees received ......................................................................................... Fines received .............. Interest r e ce iv e d ................................................................................... Premium rece iv e d ................................................................................. Rent re ceiv ed ......................................................................................... Advances r e p a id .................................................................................... Reverted dividends .............................................................................. Real estate contracts............................................................................ $1,247 439,118 107, 000 62, 000 246,580 327,939 1,153 133 83, 363 4, 057 182 165 1,318 2, 984 69 60 00 00 00 00 50 25 34 49 00 39 33 57 $1,277,243 16 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares................................................................................... Instalment dues repaid on withdrawal, or applied on loa n s... Paid incomeshares.................................................................................. Dividends paid on withdrawal, or applied on loans...................... Cash dividends paid on income add accumulative prepaid sh a re s.................................................................................................. Paid matured s h a r e s .............................................................. ............ Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid for real estate.............................................................................. Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage........................................ Paid r e n t ................................................................................................ Paid repairs to real estate................................................................ Paid taxes, insurance, e tc .................................................................. Cash on hand December 31, 1912........................................................ $381,150 319,946 76,587 48, 060 6, 676 00 00 15 00 41 17, 780 350,547 46, 000 554 16,954 4,714 810 1, 452 56 361 5,591 95 74 00 62 25 00 34 99 29 02 40 $1,277,243 16 Plan, permanent. Par value of shares, $130. Instalments are 25 cents weekly. Shares in force January 1, 1912, 26,973; shares issued during the year, 9,893; shares withdrawn during the year, 6,203; shares in force, 30,663. Bor rowing members, 670, holding 10,822 shares; non-borrowing members, 3,181, holding 19,841 shares. Female shareholders, 1,995, holding 12,087 shares. Total dividends credited members during the year on instalment shares, $57,646.41; rate, 8 per cent. Total dividends credited or paid in cash to members during the year on other shares, $17,780.95; rate, 5 per cent. Total dividends forfeited by withdrawing members during the year, $1,318.33. No unpaid withdrawals. Amount of shares matured during the year, $350,547.74. Entrance or membership fee, 25 cents per share, not to exceed $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $6,977.33. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 6 per. cent. Premium paid by borrowing members, 2 cents per share per week. Loans have been made in Niagara county, New York State. Largest mort gage loan outstanding, $17,680. Mortgages in force in New York State, $1,389,210. No foreclosures during the year. O n e id a C o u n t y . 265 ONEIDA COUNTY. CORNHILL BUILDING AND LOAN ASSOCIATION. No. 68 South street, Utica, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary ................... Treasurer ................. Attorney ................... Commenced business 1891.] Names. Post-office addresses. J. LEWIS JONES.................................................... Utica, N.Y. OWEN F. LUKER..................................................... Utica, N.Y. CHARLES W. BUSHINGER................................. Utica, N.Y. HERBERT D. PITCHER....................................... Utica, N.Y. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares.................................................................................... Contracts for the sale of real estate............................................... Cash on hand and in bank................................................................ Furniture and fixtures.......... ............................................................. Interest, premium, fees and fines due and unpaid....................... In sta lm en ts due a n d u n p a i d ........................................ $384,575 9,818 2, 400 6 10 390 00 00 00 86 OO 63 $528 00 $397,200 49 L IA B IL IT IE S . Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Balance to be paid borrowers on mortgage loans........................ Borrowed money’ .................................................................................. Earnings' undivided ............................................... Contingent fund (as per section 225 of Banking L a w ).............. Interest on borrowed money.............................................................. - $270, 175 59, 263 °6, 540 49, 873 3, 033 7, 504 808 50 90 00 78 51 85 95 $397,200 49 R E C E IP T S . Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fees received . . . : ..................................................... Fines received ...................................................................................... Interest received .................................................................................. Premium r eceiv ed ......................................... ’ ..................................... Reverted dividends .............................................................................. Mortgage t a x ........................................................................................ $97 67,212 129, 774 57,500 7, 369 193 179 15, 084 6, 275 327 186 04 50 27 OO 00 00 19 77 89 15 25 $284, 199 06 DISBURSEM ENTS. Loaned on m o r t g a g e . ......................................... Loaned on s h a r e s ............................... Instalment dues repaid on withdrawal, or applied on loans.. Dividends paid on withdrawal^ or applied on loans.................... Paid matured shares . . . . . ; .......... ................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages............ Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent .............................................................................................. Paid banking department, examination......................................... $110, 330 9,418 29,042 4, 671 19, 600 108,550 1, 130 700 20 2 38 00 00 50 67 00 49 09 00 58 00 40 266 R e p o r t o n S a v in g s a n d L o a n A s s o c ia t io n s . Paid banking department, assessment............................................. Water ..................................................................................................... Books ...................................................................................................... Directors’ fees ....................................................................................... Mortgage t a x .............................................................................. Cash on hand December 3d, 1912................................... ; .......... $25 58 93 65 46 43 00 553 50 6 86' . $284, 199 06 Plan, serial. Par value of shares, $100. Instalments are 50 cents monthly. Shares in force January 1, 1912, 10,240; shares issued during the year, 2,906; shares withdrawn during the year, 1,687; shares i# force, 11,459. Bor rowing members, 233, holding 4,373 shares; non-borrowing members, 532, holding 7,08'G shares. Female shareholders, 294, holding 3,718 shares. Total dividends credited members during the year on instalment shares, $17,450.85; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $327.15. No unpaid withdrawals. Amount of shares matured during the year, $19,600. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $831.97. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 4 per cent. Premium paid by borrowing members, per cent. Loans have been made in Oneida county, New York State. Largest mort gage loan outstanding, $6,000. Mortgages in force in New York State, $378,036. No foreclosures during the year. ys 1% HOMESTEAD AID ASSOCIATION OF UTICA. No. 90 Seneca street, Utica, N. Y. [Organized under Law of 1851. Commenced business 1884.] Officers. Names. President.................... WATSON T. DUNMORE....................... Secretary ................... SHERWOOD Si CURRAN..................... Treasurer ................. CHARLES B. ROGERS...................... Attorney ................... ^^VA.TSON T. DUNMORE........................ Post-office addresses. 90 Seneca Street. 90 Seneca Street. First National Bank. 90 Seneca Street. ASSETS. .Loans on bond and mortgage............................................................ $3,089,073 24 Loans on shares..................................................................................... 170,231 00 Beal estate ........................................................................................... 24, 096 25 Cash on hand and in bank.................................................................. 13, 967 78 Interest, premium, fees and fines due and unpaid....................... 3, 337 34 Advances for taxes, insurance, etc................................... ............. 1,505 45 Accrued in te r e s t................................................................................... 859 44 $3,303,070 50 LIABILITIES. .............. _= Due shareholders, instalment shares............................................... $2,605,641 00 Dividends credited ......................... .•................................................... 504, 705 97 Due shareholders, matured shares..................................................... 382 01 Balance to be paid borrowers on mortgage loans......................... 55, 780 00 Borrowed money .................................................................................. 64,218 55 Earnings undivided ............................................................................ 3, 874 46 Contingent fund (as persection 225 of Banking L a w ).............. 68,294 53 Interest accrued ................................................................................... 94 51 Accrued expenses ................................................................................. 79 47 $3,303, 070 50 O n e id a C o u n t y . 267 RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members........................... Money borrowed .................................................................................. Mortgages redeemed, foreclosed or transferred to real estate.. Loans on shares repaid........................................................................ Fees r e ce iv e d ........................................................................................ Fines received ...................................................................................... Interest r eceiv ed .................................................................................. Premium receiv ed ................................................................................ Kent rece iv e d .................. , ................................................................... Advances repaid .................................................................................. Mortgage taxes .................................................................................... Reverted div id en d s.............................................................................. Bonds sold ..................................... ....................................................... Judgment paid .................................................................................... Water ..................................................................................................... Foreclosure expenses .......................................................................... $55, 192 607,436 271, 782 330,019 91, 143' 863 888 131,443 18, 177 656 802 952 2, 890 23, 137 20 4 163 36 00 24 00 00 00 61 33 10 40 91 00 12 50 00 08 00 $1,535,570 65 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares ................................................................................ Instalment dues repaid on withdrawal, or appliedon loans. . . Dividends paid on withdrawal, or applied on loans.................. Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money andprior mortgages............ Paid for real estate....................................... 1................................... Paid salaries and clerk-h ire...,....................................................... Paid advertising, printing and postage......................................... Paid taxes, insurance, e tc ................................................... Paid banking department, examination......................................... Paid banking department, assessment .......................................... Mortgage taxes ................................ A p p ra isa ls.............................................................................................. Furniture .............................................................................................. Office expenses .................................................................................... Cash on hand December 31, 1912................................................... $688, 784 101, 913 292, 395 50, 346 102, 940 271, 782 1,255 1,708 3,013' 199 1,447 116 223 3, 597 1, 088 6 786 13,967 24 00 00 39 47 24 18 31 00 95 85 02 91 00 00 30 01 78 $1,535,570 65 Plan, serial. Par value of shares, $100 and $200. Instalments are 50 cents and $1 monthly. Shares in force January 1, 1912, 52,763; shares issued during the year, 17,406; shares withdrawn during the year, 7,765; shares in force, 62,404. Borrowing members, 2,511, holding 25,225 shares; non-borrowing members, 3,299, holding 37,179 shares. Female shareholders, 2,128, holding 22,347 shares. Total dividends credited members during the year on instalment shares, $136,271.74; rate, 5 per cent. Total dividends credited or paid in cash to members during the year on other shares, $1,877.57; rate, 4 per cent, and 4 per cent. Total dividends forfeited by withdrawing members dur ing the year, $2,890.12. No unpaid withdrawals. Amount of shares matured during the year, $111,100.58. Entrance or membership fee, $1 per member. Operating ex penses, as defined in section 227 of the Banking Law, incurred and paid dur ing the year, $5,079.21. Operating expenses, as defined in section 227 of the Banking Law, incurred during the year and remaining unpaid, $79.47. yB 268 R e p o r t o n S a y in g s a n d L o a n A s s o c ia t io n s . yB Premium plan, instalment. Interest paid by borrowing members, 4 per cent., 5 per cent, and 6 per cent. Premium paid by borrowing members, % of I per cent. Loans have been made in Herkimer and Oneida counties, New York State. Largest mortgage loan outstanding, $40,000. Mortgages in force in New York State, $3,089,073.24. Three foreclosures during the year. HOMESTEAD AID ASSOCIATION OF WHITESTOWN, N. Y. Whitesboro, N. Y. [Organized under Law of 1892. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1893.] Names. Post-office addresses DRANK W. TOBIN..................................... Whitesboro, N.Y. JOHN H. HENRY....................................... Whitesboro, N.Y. CHARLES E. HAYNES............................. Whitesboro, N.Y. ADRIAN S. MALSAN................................. Whitesboro, N.Y. ASSETS. Loans on bond and mortgage............................................................ Loans on shares ................................................................................... Cash on hand and in bank.................................................................. Interest, premium, fees and fines due and u n p a id ...................... $49,450 950 516 130 00 00 06 66 $51,046 72LIABILITIES. Due shareholders, instalment shares............................................. Dividends credited ............................................................................ .. Borrowed m o n e y .................................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w ).............. $34,643' 10, 094 3, 556 2, 217 535 57 90 00 0& 17 $51,046 72' RECEIPTS. Cash on hand January 1, 1912.......................................................... Dues on instalment shares credited to members......................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real esta te.. Loans on shares repaid...................................................................... Fees r e ce iv e d ......................................................................................... Fines received ....................................................................................... Interest rece iv e d .................................................................................. Premium received .............................................................................. $1, 327 10, 158 14, 612 3, 450 1,250 19 26 1,793 841 69 09 00 00* 00 00 69 74 55 $33,478 76 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Dividends paid on withdrawal, or applied on loans.................... Paid matured shares .......................................................................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed moneyand prior mortgages............. Paid salaries and clerk-hire.............................................................. Paid advertising, printing and postage......................................... Paid rent ............................................................................................... Paid taxes, insurance, e tc .................................................................. $13,750 850 5, 326 528 1, 199 11, 056 78 50 18 12 77 00 00 18 50 94 00 85 00 65 00 00 269 O n e id a C o u n t y . Paid banking department, examination......................................... Paid banking department, assessment ......................................... Cash on hand December 31, 1912..................................................... $13 40 2 18 516 06 $33, 478 76 Plan, serial. Par value of shares, $200. Instalments are $1 monthly. Shares in force January 1, 1912, 781% ; shares issued during the year, 166% ; shares withdrawn during the year, 5 0 % ; shares in. force, 897%. Bor rowing members, 39, holding 238% shares; non-borrowing members, 127, hold ing 659% shares. Female shareholders, 42, holding 209 shares. Total divi dends credited members during the year on instalment shares, $2,204.67; rate, 5 7/1 0 per cent. Total dividends forfeited by withdrawing members during the year, 41 cents. No unpaid withdrawals. Amount of shares matured during the year, $1,199.94. Entrance or membership fee, $1 per member. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $80.65. Unpaid, none. Premium plan, instalment. Interest paid by borrowing members, 4% per cent. Premium paid by borrowing members, per cent. Loans have been made in Oneida county, New York State. Largest mort gage loan outstanding, $3,000. Mortgages in force in New York State, $49,450. N o foreclosures during the year. 1% MUTUAL SAVINGS, LOAN AND BUILDING ASSOCIATION OF SOME, N. Y. No. 109 W est Dominick street, Home, N. Y. [Organized under Law of 1851. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888.] Names. Post-office addresses. A. C. KESSINGER............................................. Rome, N. Y. JOHN F. FINNEGAN....................................... Rome, N. 1. F. M. SHELLEY............................................... Rome, N. Y. S. M. STEVENS............................................... Rome, N. Y. ASSETS. Loans on bond and m ortgage............................................................ Cash on hand and in bank.................................................................. $6, 720 00 471 96 $7,191 96 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited .............................................................................. Earnings undivided ............................................................................ Contingent fund (as per section 225 of banking L a w )............... $6, 629 319 113 130 00 11 85 00 $7,191 96 RECEIPTS. Cash on hand January 1, 1912........................................................... Dues on instalment shares credited to members........................... Fees received ........................................................................................ Fines received ...................................................................................... Interest rece iv e d ..................................................... $1, 006 2,170 2 11 304 43 00 00 80 80 $3,495 03 270 R e p o r t o n S a v in g s a n d L o a n A s s o c ia t io n s . DISBURSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, orapplied on loans. . . Dividends paid on withdrawal, or applied onloans.................... Paid salaries and clerk-hire................................................................ Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid banking department, ex a m in a tion ......................................... Paid banking department, assessment........................................... Officers’ b o n d s ......................................................................................... Cash on hand December 31, 1912....................................................... $2,205 545 97 125 . 25 2 8 00 00 15 00 00 00 50 42 15 00 471 96 $3,495 03 Plan, permanent. Par value of shares, $105. Instalments are $1 monthly. Shares in force January 1, 1912, 141; shares issued during the year, 38; shares withdrawn during the year, 13; shares in force, 166. Borrowing members, 8, holding 66 shares; non-borrowing members, 13, holding 100 shares. Female shareholders, 4, holding, 36 shares. Total dividends cred ited members during the year on instalment shares, $152.24; rate 3 per cent. Total dividends forfeited by withdrawing members during the year, $8.42. No unpaid withdrawals. Entrance or membership fee, 25 cents per 5 shares or less. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $167. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 5 per cent. No premium charged. Loans have been made in Oneida county, New York State. Largest mort gage loan outstanding, $1,260. Mortgages in force in New York State, $6,720. No foreclosures during the year. ORISKANY FALLS CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. Oriskany Falls, N. Y. [Organized under Law of 1894. Officers. P resident.................... Secretary ................... Treasurer ................. Commenced business 1900.] Names. HARRY H HATHEWAY..................... ALLEN W. REYNOLDS..................... ALLEN W. REYNOLDS..................... Post-office addresses. Oriskany Falls, N.Y. Oriskany Falls, N.Y. Oriskany Falls, N.Y. ASSETS Loans on bond and m ortgage......................... Cash on hand and in bank............................. Furniture and fixtures................................... $36,900 00 .1,382 49 54 05 $38,336 54 LIABILITIES. Due shareholders, instalment shares............................................... Dividends credited ..........................................‘.................................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............... $35,364 1, 861 554 555 85 95 74 00 $38, 336 54 RECEIPTS. Cash on hand January 1, 1912......................................................... Dues on instalment shares credited to members........................... Fees received ...................................................................... .................. Fines received ....................................................................................... $1,390 10, 570 12 44 80 04 50 15 271 O nondaga C o u n ty. Interest received .................................................................................. Bank in te r e s t........................................................................................ Reverted dividends .............................................................................. $2, 172 50 15 71 5 65 $14,211 35 DI SBUItSEMENTS. Loaned on mortgage............................................................................ Instalment dues repaid on withdrawal, or applied on lo a n s ... Dividends paid on withdrawal, or applied on loans................... Paid interest on borrowed money and prior mortgages.............. Paid salaries and clerk-hire................................................................ Paid banking department, examination........................................... Paid banking department, assessment............................................. Sundry expenses ................................................................................ Oash on hand December 31, 1912..................................................... $900 11, 708 58 1 60 22 2 75 1,382 00 10 62 56 00 00 84 74 49 $14,211 35 Plan, serial. Par value of shares, $100. Instalments are 50 cents and $1 monthly. Shares in force January 1, 1912, 884; shares issued during the year, 50; shares withdrawn during the year, 163; shares in force, 771. Borrowing members, 39, holding 369 shares; non-borrowing members, 68, holding 402 shares. Female shareholders, 31, holding 215 shares. Total dividends cred ited members during the year on instalment shares, $1,920.57; rate, 6 per cent. Total dividends forfeited by withdrawing members during the year, $5.«5. No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 of the Banking Law, incurred and paid during the year, $92.24. Unpaid, none. No premium plan. Interest paid by borrowing members, 6 per cent. No premium charged. Loans have been made in Oneida county, New York State. Largest mort gage loan outstanding, $2,200. Mortgages in force in New York State, $36,900. No foreclosures during the year. ONONDAGA COUNTY. FAIR CITY CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 631 University block, Syracuse, N. Y. [Organized under law of 1894. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1908.] Names. JAMES W. G ARLICS...................... CLARENCE F. MOORE................. ANDREW J. EATON...................... WILLARD A. R ILL.................. Post-office addresses. 221 Amherst Avenue. 101 Windsor Place. 102 Putnam Street. 631 University Block. ASSETS. Loans on bond and mortgage............................................................ Loans on shares.................................................................................... Cash on hand and in bank.................................................................. $6, 000 00 2, 630 00 1,067 37 272 R e p o r t o n S a v in g s a n d L o a n A s s o c ia t io n s . LIABILITIES. Due shareholders, instalment shares................................................ Dividends credited ..................................................•.......................... Earnings undivided ............................................................................. Contingent fund (as per section 225 of Banking L a w )............... $8,759 855 28 55 00 05 07 25 $9,697 37 RECEIPTS. Cash on hand January 1, 1912............................................................ Dues on instalment shares credited to members........................... Money borrowed ................................................................................... Mortgages redeemed, foreclosed or transferred to real estate... Loans on shares repaid........................................................................ Fees received ......................................................................................... Fines received ....................................................................................... Interest received ................................................................................... Premium rece iv e d ................................................................................. $1,150 3,194 660 1, 700 60 27 13 473 28 3600 00 00 OO' 00 72 6849 $7,307 25 DISBURSEMENTS. Loaned on m ortg ag e............................................................................ Loaned on sh ares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . . Dividends paid on withdrawal, or applied on loans..................... Paid borrowed money and prior mortgages................................... Paid interest on borrowed money and prior mortgages.............. Paid advertising, printing and postage........................................... Paid r e n t ................................................................................................ Paid banking department, exam ination ......................................... Paid banking department, assessment............................................ Officers’ b o n d s ........................................................................................ S e a l........................................................................................ Cash on hand, December 31, 1912...................................................... $3, 000 1,315 1, 137 61 660 10 23 5 .14 0000 00 11 00 28 84 OO 60 55 10 OO 2 50 1,067 37 $7,307 25 Plan, permanent. Par value of shares, $100. Instalments are $1 monthly. Shares in force January 1, 1912, 248; shares issued during the year, 108; shares withdrawn during the year, 68; shares in force, 288. Borrowingmembers, 14, holding 163 shares; non-borrowing members, 26, holding 125 shares. Female shareholders, 9, holding 39 shares. Total dividends credited members during the year on instalment shares, $446.01; rate, 5%: per cent.. Total dividends forfeited by withdrawing members during the year, $28.49: No unpaid withdrawals. Entrance or membership fee, 25 cents per share. Operating expenses, as defined in section 227 o f the Banking Law, incurred and paid during the year, $41.34. Unpaid, none. Premium plan, gross. Interest paid by borrowing members, 6 per cent. No. premium charged. Loans have been made in Onondaga county, New York 'State. Largest mortgage loan outstanding, $3,000. Mortgages in force in New York State, $6,000. No foreclosures during the year. 273 O nondaga C o u n ty. SYRACUSE CO-OPERATIVE SAVINGS AND LOAN ASSOCIATION. No. 101 South Salina street, Syracuse, N. Y. [Organized under Law of 1887. Officers. President.................... Secretary .................. Treasurer ................. Attorney ................... Commenced business 1888. Names. Post-office addresses. JOHN E. BIERHARDT.................................. Syracuse, N. Y. EDWARD H. JAMES'.................................... Syracuse, N. Y. JACOB STEPHENS .................................... Syracuse, N. Y. GEORGE W. DRISCOLL............................... Syracuse, N. Y. ASSETS. Loans on bond and m ortgage............................................................ Loans on shares .................................................................................. Cash on hand and in bank................................................................ Furniture and fixtures........................................................................ Instalments due and unpaid.............................................................. Interest, premium, fees and fines due and unpaid..................... $181,254 12, 393 15, 621 120 76 75 OO 00’ 01 00 00" 54 $209,539 55 LIABILITIES. Due shareholders, instalment shares............................................. Dividends credited ..................................... ......................................... Balance to be paid borrowers on mortgage loans......................... Earnings undivided ............................................................................ Contingent fund (as per section 225 of Banking L a w )............ $165,516 31,606 2, 500 1, 015 8,901 00 40 00 84 31 $209,539 55 RECEIPTS. Cash on hand January 1, 19‘12........................................................ Dues on instalment shares credited to members......................... Mortgages redeemed, foreclosed or transferred to real esta te.. Loans on shares repaid...................................................................... Real estate sold .................................................................................. Fines rece iv e d ....................................................................................... Interest receiv ed .................................................................................. Reverted dividends ............................................................................ Deficiency ju d g m en t............................................................................ $12,162 32, 203 25, 357 35,076 1, 500 15 12, 078 61 275 17 00 57 00 00: 88 02 63 00 $118,729 27 DISBURSEMENTS. Loaned on mortgage............................................................................ Loaned on shares.................................................................................. Instalment dues repaid on withdrawal, or applied on lo a n s .. . Dividends paid on withdrawal, or applied on loans.................. Paid matured shares............................................................................ Paid salaries and clerk h ire............................................................ Paid advertising, printing and postage........................................... Paid rent ............................................................................................... Paid taxes, insurance, etc.................................................................. Paid hanking department, examination......................................... Paid banking department, assessment............................................. State League dues................................................................................ Books and stationery.......................................................................... Auditors ................................................................................................. Telephone ............................................................................................... Office disbursem ents............................ Cash on hand December 31, 1912..................................................... $34, 000 00 29,719 00 4,716 OO 546 50 31,206 92 2,257 00 39 57 350 00 41 41 29' 00 1550 6 00 42 IT 50 00 48' 00 41 10 15,621 01 $118, 729 27 274 R e p o r t o k S a v in g s a n d L o a n A s s o c ia t io n s . Plan, permanent. Par value of shares, $200.