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ANNUAL REPORT

Building and Loan Associations
State of California
by the

BUILDING AND LOAN COMMISSIONER

In accordance with an Act of the Legislature, approved April 5, 1911

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




August 3 1 , 1 9 1 5

C aliforn ia
S tate P r in tin g O ffice
1915




REPORT
OF TH E

BUREAU OF BUILDING AND LOAN SUPERVISION.
O ffice of th e B uilding and L oan C om m ission er ,
S a n F rancisco , August 31, 1915.

To His Excellency, H iram W . J o h n so n ,
Governor of California,
S i r : In compliance with the provisions of section 5 of the Building
and Loan Commission Act, I have the honor to submit the Twentysecond Annual Report of this department for the sixty-sixth fiscal year
of this State, ended June 30, 1915.
Since the last annual report one new association has been formed and
licensed, and three have retired— one small and unsuccessful one by
complete liquidation, and two other small ones have ceased new busi­
ness and are in process of voluntary liquidation— thereby making the
number on the active roll 90, of which the reports of 89 are included
in the tabulations of and appendix to this report.
The gross assets of these 89 associations aggregate $30,441,084.05—
a gain of $925,321.46 for the year— a very respectable and satisfactory
showing during a year of industrial depression and unrest, affected and
produced to a greater or less extent by the disturbed conditions existing
in Mexico and continental Europe, and more favorable to withdrawals
than to the accumulation of individual savings.
The increase in assets, above noted, appears to be divided between
those associations heretofore classed as “ Locals” and “ State,” as fol­
lows: To the locals, $778,528.03'— a gain of $116,254.77 over that of
the preceding year— and to the state associations, $146,793.46, or
$390,673.91 less than during the preceding year.
The number of members and investors now aggregate 38,748 accord­
ing to the reports as filed, a falling off of 697 in number, while at the
same time the actual investment has increased $981,918.33, with an
average investment of $622.75 and average accumulated earnings of
$92.57 each.
The borrowers, as reported, have decreased in number by 805, while
the

loans,

including

contract

sales,

have

increased

in

volume

$1,222,622.41, with an average of $1,557.71 to each borrower.
The outstanding shares of all classes show an increase of 5,012, while
the outstanding investment certificates appear to have decreased 403 in
number.




4

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

The new loans for building purposes are reported as 1,711— a decrease
of 348, and making the aggregate of all such loans since 1893 now
appear to be 44,517.
The number of pieces of real estate owned appears to number 5 in
excess of last year, but the book value has been decreased $25,554.61,
Of the volume of real estate owned $104,436.96 is represented by the
office buildings erected by four associations, but only partially occupied
by them.
The reserve and undivided profits aggregate $1,283,846.50— a gain
of $89,611.24 since the last report.

About nine-tenths of the aggregate

constitutes the reserve proper, and whenever this does not exceed 5 per
cent of the average loans of any association no portion can be used for
future dividends but must be held and used to protect the shareholders
and investors against losses of any portion of their investment and
accrued earnings.

In other words, it stands between the members and

investors and future losses in the same manner as the capital stock of
other classes of corporations.
In order that a comprehensive idea may be formed regarding the
business of the associations of this State during the nine years since
the San Francisco fire, it is pertinent to present a summary of certain
features.
From the report of that year, 1906, it appears that the 106 associa­
tions then reporting had assets of $19,228,938.88. Since that date the
number of associations has decreased, but the volume of assets has
increased upwards of 58 per cent and the 89 associations reporting for
1915 now show aggregate assets of $30,441,084.03. The reserve and
undivided profits, held for the protection of shareholders and investors
has increased from $661,556.53, or 4$ per cent of the liabilities to
shareholders and investors to the sum of $1,283,846.50, or 4.93 per cent
of such liabilities; and in addition thereto 20 associations have a paid-in
guarantee capital and surplus of $819,715.72 as a still further protec­
tion.

During that period the receipts for dues on installment shares

have been $28,153,603.00, and the withdrawals and maturities paid
were $32,337,315.00, of which $25,500,686.00 was dues repaid and
$6,836,629.00 profits apportioned thereto.
The receipts for full paid stock amount to $13,103,908.00 and the
withdrawals $10,003,554.00.
The receipts on account of investment certificates were $20,996,544.00
and the withdrawals $13,995,217.00.

The dividends paid to the holders

of full paid shares and investment certificates aggregate $3,491,525.00.
During that same period the disbursements on account of new loans
have been $68,889,891.00, and loans amounting to $55,545,813.00 have
been repaid.

O f the new loans made 19,574 were building loans, mainly

for the erection of new homes.



REPORT ON BUILDING AND LOAN ASSOCIATIONS.

O

In this same connection it is perhaps interesting to take note of
changes that have taken place as affecting several features of the
business; all calculations being based on the average loans in force.
In the matter of net profits reported for each year the lowest percent­
age— 6.520 per cent— appears in the report for 1910, the average for
the entire nine-year period being 6.848 per cent, and closing with
7.071 per cent for the current year.
The element of taxes paid was at high water mark in the report of
1909, with a percentage of 1,319 per cent, with an average of 0.851 per
cent for the entire term, and a minimum of 0.257 per cent in 1915.
The highest percentage of salaries paid was in 1908— 1.026 per cent,
and the lowest in 1914, with 0.709 per cent and an average for the
term of 0.841 per cent, closing with 0.720 per cent in 1915.
The other overhead and necessary expenses of operation appear to
have been 0.890 per cent in 1907, and 0.568 per cent in 1915, with an
average of 0.785 per cent for the term.
Based on the reports as made to this office it appears that the highest
rate of gross income was shown in 1908 with 9.760 per cent on the
average loans, and the lowest in 1915 with 8.619 per cent, and an
average for the entire term of 9.325 per cent.
The ratio of operating expenses to gross income was the greatest in
1908— 19.344 per cent; the lowest in 1915— 14.978 per cent— with an
average for the entire nine years of 17.388 per cent.
Thus it is shown that while the percentage of gross income has
decreased— partly due to a lessening of the loaning rate by the elimina­
tion of the mortgage tax element— the percentage of expenses of
operation has also decreased, and during the whole period the volume
of assets has steadily increased until now it is upwards of 58 per cent
in excess of the figures shown in 1906.




6

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

STATUS OF ASSOCIATIONS.
Active roll June 30, 1914_________________________________________________________
New associations—
California Prudential Society, Oakland_____________________________________
Retired—
Sacramento Yalley Mutual, Chico________________________________________

1

Liquidating—
Fairmount Loan, San Francisco,
Mission Home, San Francisco____________________________________________

2

1

3

Total active roll___________________________________________________________

90

In liquidation—
Fairmount Loan, San Francisco,
Mission Home, San Francisco,
Pacific Coast, San Francisco,
Continental, San Francisco,
Protective, Los Angeles,
State of California, San Diego,
Orange County Mutual, Santa Ana.
Total in liquidation________________________ •
__________________________________

7

Total r o ll--------------------------------------------------------------------------------------------------

97

Summary.

Active, reporting__________________________________________________________________
Not reporting (new )---------------------------------------------------------------------------------------------Liquidating _______________________________________________________________________

89
1
7
97

Foreign Associations (not included in tabulations) :
Western Loan and Building Company, Salt Lake City, Utah.
of Appendix.)

(See last page

The changes in assets, as well as in the total roll and number report­
ing since 1905, are as follows:
Years

1900 ____________ _______________ __
1907 __________________________________
1908 _____________________ ____________
1909 __________________________________
1910__________________________________
1911 _________________________________
1912 __________________________________
1913 __________________________________
1914 __________________________________
1915 __________ - ______________________




Total
roll

131
125
120
120
113
105
107
98
97
7

Number
reporting

100
107
107
105
107
96
91
93
92
89

Assets

$19,228,938
19,522,896
19,635,657
20,228,116
21,255,176
23,340,012
24,866,571
28,316,021
29,515,762
30,441,084

Increase

88
86
94
40
49
38
97
97
57
03

$293,957
112,761
592,458
1,027,060
2,084,835
1,526,559
3,449,450
1,199,740
925,321

98
08
46
09
89
59
00
60
46

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

7

ASSETS A N D L IA B IL IT IE S .
Assets.

Loans on mortgages and stock__________________________________________$28,707,171
Arrearages ____________________________
166,802
Cash in office and bank_________________________________________________
726,327
Real estate owned_______________________
716,253
Furniture and fixtures_________
27,657
93,835
Advances— personal accounts_________________________________________
Other assets___________________________________________________________
3,036

SO
63
36
59
04
36
25

$30,441,084 03
Liabilities.
Guarantee stock— Capital ____________________________________________
Guarantee surplus— Su rplu s______________________ ___________________
Installment shares— D u es_____________ ,_______________________________
Installment shares— P rofits___________________________________________
Paid-up and prepaid shares— C apital_________________________________
Paid-up and prepaid shares— Dividends______________________________
Investment certificates— Principal____________________________________
Investment certificates— Dividends___________________________________
Advance payments____________________________________________________
Overdrafts and bills payable_________________________________________
Reserve and undivided profits________________________________________
Loans due and incomplete_____________________________________________
Sundry ledger accounts_______________________________________________
All other liabilities____________________________________________

$739,749
79,965
9,774,306
2,986,272
4,584,741
280,480
9,031,385
241,428
45,605
894,780
1,283,846
342,101
110,739
45,679

93
79
81
56
26
73
44
43
47
10
50
72
35
94

$30,441,084 03
R E C E IP T S A N D

D IS B U R S E M E N T S .

Receipts.

Balance, last report___________________________________________________
Guarantee stock _______________________________________________________
Installment shares— D u e s _____________________________________________
Paid-up and prepaid shares— D u e s___________________________________
Investment certificates _______________________________________________
Interest _______________________________________________________________
Premiums____________________:_________________________________________
F in es___________________________________________________________________
Fees ___________________________________________________________________
Loans repaid____________________________ — ___________________________
Overdrafts and bills payable_________________________________________
Advances repaid— Personal a c c o u n t s ____ - - __________________________
All other receipts_____________________________________________________

$854,601
36,133
3,098,886
1,427,836
3,285,276
2,391,130
83,579
19,907
5,630
7,222,119
1,119,077
145,569
250,964

58
30
22
20
97
16
59
19
81
95
10
31
95

$19,940,713 33
D is b u r s e m e n t s .

Overdrafts and bills payable___________________________________________
Loans on mortgages and shares_____________________
Interest paid___________________________________________________________
Dividends on guarantee stock--------------------------------------------------------------Dues repaid— Installment shares_______________________________________
Profits repaid— Installment shares____________________________________
Paid-up and prepaid shares— Capital----------------------------------_---------------Paid-up and prepaid shares— Dividends_______________________________
Investment certificates— Principal---------------Investment certificates— Dividends___________________________________
Advances— Personal accounts--------------------------------------------------------------Salaries _______________________________________________________________
Taxes __________________________________________________________
Other expenses_________________________________________________________
All other disbursements_________ — ____________________________________
Balance— Cash in office and bank----------------------------------------------------------




$1,332,957
8,506,871
69,825
70,908
2,617,515
830,705
967,544
256.791
3,283,645
522.910
152,705
202,999
70,384
159,434
169,185
726,327

59
16
98
97
62
41
91
24
45
37
58
17
65
56
31
36

$19,940,713 33

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
CHANGES

IN

ASSETS

AND

L IA B IL IT IE S .

Assets.
Increase

Loans on m ortgages and stock _ _
Arrearages _
_ _ _ _ _
___
_ __ _ _ _ _
Cash in office and hank
_
_ __ _
_
_ _
_ _ _
_ _
Real estate—owned _ _ _____ ____ _
Furniture and fixtures
_. __
_ _
Advances—ledger accounts _ _ _ _
Other assets — ___ __
.
_ _
Net increase

_

__

_

_ _

_ _

Decrease

$1,222,622 41
16,454 08
$138,431
25,554
1,603
143,716
4,448

97
61
35
58
52

$925,321 46

L i a b il i t ie s .

Guarantee stock—capital _
_
Guarantee stock—s u r p lu s _ _
_ _
Installm ent shares—dues ____
_ _
Installm ent shares—profits
_ _
Paid-up and prepaid shares—capital
Paid-up and prepaid shares—dividends
Investment certificates—principal _ _ _
Investment certificates—dividends _
_
__
_ _ _
Advance payments _ __ __
Overdrafts and bills payable
_
Reserve and undivided profits
_ _ _ _
Loans due and ineomnlete
Sundry ledger accounts
__
__
All other liabilities
Net increase

___

__

____

D IS T R IB U T IO N
Associations

Counties

Alameda _ _
Butte ____ _
_ __
F resn o_ _
Humboldt _ _ _ _
Kern ___ _
----Los Angeles _ ----M a d e r a -------- -----Marin
____ _____ __
Merced __ _
_
_____
Napa _________ _
Orange __
_ -------Placer ______
___
Riverside _
Sacramento
-----San Bernardino __
San Diego _
San Francisco __
San Luis Obispo _ _
San Joaquin
_ _
San Mateo
_ _
Santa Barbara _
Santa Clara __ _ ___
Santa C r u z _ _____
Solano __
_____
Sonoma __ _ _ __ .__
Tulare _ _________
Ventura __ __ ____
Y o l o _____ _
_
___ _
T otals ___

__




_.

_ _ _ _ _
_
_ __ _
_ _
_

_ .

__
_ _
_ _

$136,996 70
$45,778 60
20,527
137,425
465,722
15,073
358,671
40,553
4,163

42
79
63
47
58
31
15
242,770 33

89,611 24
_

__

12,359 89
34,802 79
7,712 22

_ __ __ __ _
. _ ....

_ _ _ _ _ _

$925,321 46

OF A S S E T S BY C O U N T IE S .

Number
reporting

Assets

Increase

7

7

$1,027,054 67

1
1
2
12
1
3
1
1
3
1

1

149,003
30,386
446,976
13,067,002
16,467
270,028
129,554
213,742
1,128,496
48,374
177,573
342,675
2,273,293
596,993
3,977,000
174,419
1,658,152
502,552
873,407
2,131,354
37,709
70,111
171,832
459,100
436,220
31,596

2
12
1
3
1
1
3
1

2

2

1
4
3

1
4
3

20
2

20

3

3

2
2

2

7
1

7
1

2
2

2
2

3
1
1

3
1
1

90

89

2
2

44
89
33
86
52
69
68
01
14
97
43
05
96
94
68
39
63
16
61
86
39
73
19
99
97
85

$30,441,084 03

Decrease

$6,316 58
$2,340 63
5,152 51
2,149 28
41,710 48
242,809 45
5,116 99
19,606 00
12,250 40
5,871
61,014
158
2,019
27,908
116,411
9,568
63,007

97
09
88
93
88
99
70
42

84,113
17,599
114,161
105,773

16

5,999 80
00
09
06
717 15
2,160 47
13,102
28,031
29,403
1,597

87
85
45
92'

$975,697 70

$50,376 24

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
S T A T IS T IC A L

Number of members:

9

IN F O R M A T IO N .

Male ___________________________________ 16,3-53
Fem ale__________________________________ 9,987
Total ________________________________________
Male______________________________________ 8,231
F e m a le __________________________________ 4,217

Number of investors :

26,340

T o ta l__________________________________________
12,448
Number of borrowers____________________________________________________
18,289
Number of mortgage loans for year-------------------------------------------------------4,303
Number of stock loans for year_________________________________________
1,211
Number of building loans for year-------------------------------------------------------- __
1,711
Total number of building loans to date_________________________________
44,517
Shares in force last report--------------------------------------- ---- .------------------------352,277
Shares issued since last report----------------------------------------------------------------67,654
Shares canceled since last report________________________________________
62,642
Shares in force this report_______________________________________________
357,289
Investment certificates in force last report_______________________________
91,719
22,522
Investment certificates issued since last report__________________
Investment certificates canceled since last report--------------- .------------------23,125
Investment certificates in force this report_____________________________
91,116
Number of associations owning real estate__________________________
41
Number of associations not owning realestate___________________________
48
Number of pieces of real estate owned---------------------------------------------------163
Book value of real estate owned------------------------------------------------------------$716,253.59
Reserve and undivided profits____________________________________________ 1,283,846.50
Guarantee capital and surplus_________________________________
819,715.72
Aggregate surplus for protection of membersand investors_____________ 2,103,562.22
N e t Profits.

Net profits reported for year_____________________________________________ $1,984,524.29
Percentage to average loans in force-------------------------------------------------------7.071
Average percentage for past nine years_________________________________
6.848
Percentage to average investment_______________________________________
7.312
Average percentage for past nine years_________________________________
7.436
NEW

LO ANS, LO A N S R E P A ID , ETC.

Number of new loans for year_________________________________ — ____
5,514
Amount of new loans for year--------------------------------------------------------------- $8,506,871.16
Percentage to all loans in force for year________________________________
26.35
Percentage of new loans to loans in force at close of year______________
29.63
Loans repaid___________________________________________________________ $7,222,119.95
Percentage to all loans in force for year________________________________
22.35
Percentage of new loans to loans at close of year-----------------------------------25.16
18,289
Number of borrowers reported__________________________
Average amount of loans to- each borrower_____________________________
$1,569.65
S A LA R IE S , T A X E S A N D O T H E R E X P E N S E S .
Amount

S a la r ie s p a id _ _
_
T a x e s p a i d _ ____
O th e r exp en ses p a id .

_
_

_ _ ________ _______
.
___
__
____ _ __ _ _______
_ _
_ _ _ _ _ _ _ _ ____ _______

T o t a l s __ ____
__
. . .
A v e r a g e p e r c e n t a g e f o r p a s t n in e y e a r s




_ _ _ _ _ _
_ _ _ __ __

Percentage to
loans in force

$202,999 17
70,384 65
159,434 56

0.723
0.257
0.568

$432,818 38

1.548
2.477

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

10

Very few of the loans in force were made prior to the repeal of the
law requiring the payment of taxes upon mortgages, which accounts
for the great annual reduction in this element of expense, and as the
associations have no control over this feature they must be eliminated
in order to ascertain the true operating expenses.

This being done the

true operating expenses will appear as follows:
Per cent

For salaries :_________________________________________________________
For other expenses______________________________________.___________

0.723
0.568

T o ta l___________________________________________________________
This percentage for 1914 was___________________________ ____________
Average percentage for past nine years____________________________

1.291
1.39S
1.626

O P E R A T IN G

E X P E N S E S TO D U ES C A P IT A L .

I f the above operating expenses are applied to the actual average
dues capital paid in on all classes of shares and investment certificates,
exclusive of profits apportioned thereto, the percentage for the current
fiscal year would appear as follows:
Per cent

For salaries_________________________________________________________
For other expenses--------------------- -----------------------------------------------------

0.824
0.647
1.471

Or an average of only 0.588 per cent of the legal limitation fixed by the
laws of several of the other states.
GROSS

IN C O M E

AND

PERCENTAGE

OF

EXPENSES

TO

IN C O M E .

Based on the average loans in force, the percentage of the gross
income of all the associations can be very closely approximated as
follows:
Per cent

Net profits, reported above— __________________________________________________
Taxes p aid____ _______________________________________________________________
Operating expenses___________________________________________________________

7.071
0.257
1.291

Ratio of operating expenses to gross income_________________________________
The average gross income for past nine years is____________________________
Average of operating expenses to income______________________________________

8.619
14.978
9.325
17.388




11

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
A S S O C IA T IO N S

H A V IN G

Associations

A P A ID -IN

Location

Central
__ _ ____________
Equitable
____ ______ __
____
Corona Mutual _
A ltos _ _____ _ _ _ _____
Bankers __
_____ ___ __ State Mutual _
_ _
Southern California ----O r a n g e _ ___ _ __
_ _ _
Palo A lto Mutual
California Sonority
M u t u a l __
_ _ _ _
Pasadena
_ _ _ __ __ _
_
Home Builders ___ _

GUARANTEE

Capital
and
Surplus

Assets

Alameda

_ _

Berkeley

Corona
Los Altos
Los Angeles _ _
Los Angeles ___
Los Angeles ___
Orange
_ _
Palo A lto ___
Pasadena __ _
Pasadena __ _
Pasadena
Pomona _ __ _
Home Investment
Redlands _ _ _
San Francisco.
California Home __ _
Home Mutual _ _ __ __ __ San Francisco.
Santa Cruz County_______ Santa Cruz ___
Seenrity
Stockton ._ _ _
Vallejo _ _ ________________ Vallejo
Northern C a lifo r n ia _____ Woodland

$182,933
39,769
27,061
18,808
30,338
3,741,595
750,835
473,386
514,273
422,620
376,987
126,034
416,784
519,963
635,700
239,235
37,709
69,381
2,531
3lj596

C A P IT A L .
Dividend
Rate of
appor­
tioned to dividend to
guarantee Installment
shares
capital

$22,979
16,340
5,240
16,200
14,085
225,584
51,764
30,000
18,800
37,500'
27,750
9,000
111,284
125,765
44,260
27,220
23,305
25,490'
2,322
10,638

$1,359
960
646
1,161

6 %
6 %
7|%
74%

53,779
6,250
3,000
245
2,500:
4,500
600
9,755
10,000
3,750
3,970
1,648
926

9 %
74%
84%
7 %
6 %
8%
7 %
10 %
8%
8%
7 %
7 %
6%
6%
6%

T o ta l of 20 associations_________________________________________ $8,657,538
T o ta l of 18 associations in 1914________________________$7,806,227
T o ta l of 2 introducing this class of capital in past
year __________________________________________________
640,307
-------------- : 8,446,534
Gain in assets in 18 associations___ - _____________________

$211,004

Under date of July 18th this office was advised that an agreement had
been effected whereby the “ California Security” and the “ M utual,”
both of Pasadena, were to consolidate, resulting in a material saving in
operating expenses.
A S S O C IA T IO N S

IN

L IQ U ID A T IO N .

In the matter of the “ Continental” of San Francisco: The appeal
from the decision of the Superior Court is still pending. On August 7th
— since the close of the sixty-sixth fiscal year— the board of directors
filed a voluntary petition in bankruptcy in the United States District
Court, thus removing all future action regarding the liquidation from
the jurisdiction of this office and the state courts.
In the matter of the “ Protective” of Los Angeles, the final report of
the receiver was filed and settled as of date July 20th of this year, and
a final distribution ordered to be made.
Owing to the continued depressed condition of the values of real
estate the receiver of the “ State of California,” of San Diego, has
deemed it inadvisable to force the real estate holdings of that associa­
tion upon the market, hence matters there continue in the same
condition as at date of last report.




12

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

Regarding the “ Orange County M u tu a l/’ of Santa Ana, closed and
taken in charge by this office in November, 1913, the liquidation of the
assets is practically completed but the final settlement is delayed, pend­
ing the outcome of actions in the courts and the determination of the
liability of the directors, under the law, the assets being insufficient to
meet but a small percentage of the volume of the claims filed and
allowed.
CONTRACT

C O M P A N IE S .

Since the filing of the last annual report of this office two contract
companies that persisted in their endeavors to force the sale of their
contracts in this State, in defiance of the efforts of this office, have been
effectually put out of business.

Acting on the suggestions of this office

the post office authorities of the United States and Canada, apparently
working in harmony, caused a “ fraud order” to be issued against the
use of the Canadian mails by the “ National Mercantile Company, Lim­
ited,”

of Vancouver, B.

C., and the Canadian courts forced the

corporation into liquidation.

In the meantime the United States post

office authorities secured the indictment of the officials and agents, by
the United States grand jury at Seattle, Washington, for using the
United States mail to defraud.

This was followed by proceedings in

bankruptcy in the United States District Court at San Francisco,
resulting in the corporation being adjudicated a bankrupt.
Acting on information from this office regarding the pernicious
features of the contracts issued by the ‘ ‘ Standard Home Company, ’ ’ of
Birmingham, Alabama, which was referred to the United States post
office inspectors by a purchaser, that department secured the indictment
and conviction of the officials of that corporation for using the United
States mail to defraud, and forced the corporation into liquidation.
Several other corporations, formed in other states, whose contracts
possess features in all respects similar to those of the two specified
above, have endeavored to force the sale of those contracts in this State
in practically the same manner and have been warned to desist, other­
wise they and their agents would face prosecution for violation of the
laws of this State.

Notably among these are the American-Canadian

Security and Loan Company, of Denver, Colorado; the Empire Realty
and Mortgage Company, of Nashville, Tennessee; the Capital Security
Company, of Norfolk, Virginia, and the Empire Realty and Mortgage
Company, of Birmingham, Alabama.
The amended section 646 of the Civil Code, effective on August 8,
1915, remedies the defects that have heretofore existed in the laws of
this State, regarding corporations of this nature, and enables this office
and the district attorneys of the several counties to effectually deal
with and prosecute future violations of this nature.



REPORT ON BUILDING AND LOAN ASSOCIATIONS.
A M E N D M E N T S A N D A D D IT IO N S TO T H E

13

LAW.

During the last session of the Legislature six acts amending and
making additions to the laws governing and regulating the future busi­
ness of the associations were finally passed and became effective on the
expiration of the statutory period after final adjournment.
The amendments to sections 634 and 647, Civil Code, are merely
matters of detail that do not materially affect the operations of the
several associations.
Section 642a, Civil Code, is a new section taken practically entire
from the law of New York where it has been in force for several years,
and is intended to give the commissioner a more complete control in
the interest of and for the benefit of the shareholders and investors.
Section

646, Civil Code,

relates exclusively to associations and

corporations doing a similar business, formed in other states, terri­
tories and foreign countries desiring to enter this State for the
transaction of business.

This section has been entirely rewritten, the

former defects eliminated, and the control of the commissioner over the
operations of associations and similar corporations and their agents and
solicitors, which seek to exploit this State without complying with the
law, is made more perfect and effective.
Sections 2, 3 and 6 of the “ Building and Loan Commission A c t ”
were amended so as to make the secretary of the “ Bureau” a deputy
commissioner as well as secretary; increase the salary of the commis­
sioner and secretary; authorize the commissioner to appoint an auditor
whenever the result of any examination shall develop a condition
demanding an extended audit, and more especially define the condi­
tions attaching to the entrance, and annual examination, of associa­
tions of other states and countries desiring to transact business in this
State.
Section 9a is a new section increasing the powers of the commissioner
in cases where it becomes necessary for him to take action against any
association and close its doors because of unsafe practices and of condi­
tions unsafe and hazardous to the public and to those having funds in
its custody.




14

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
C O N C L U S IO N .

In the appendix to this report there will be published, as usual,
though in a somewhat condensed and abbreviated form, the reports of
the several associations of this State as made to this office, to include
the book and withdrawal values, at annual periods, of serial associa­
tions, and the dues per share per month, the dividend rate and book and
withdrawal values of the permanent or “ Dayton” plan associations,
arranged alphabetically by cities and towns, closing with the last annual
statement of the foreign associations.

It will also contain a detailed

statement of the receipts of this office for the fiscal year, as required by
law, and an additional table showing the names of the several secretaries
arranged alphabetically by cities and towns with their local addresses.
Respectfully submitted.
GEO. S. W A L K E R ,

Commissioner.
A tte st:
J. L. F IE L D S , Secretary.




STATEMENT OF RECEIPTS ON ACCOUNT OF LICENSES AND
ASSESSMENTS FOR EXPENSES.
F is c a l Y e a r

E n d in g J u n e 30, 1915.

Associations

Central Loan A ssociation________ : --------------------------Columbian Mutual Building and Loan Association
Savings Loan and Building A ssociation--------------Kern County Mutual Building and Loan Associa­
tion __________________________________________________
People’s Mutual Building and Loan A sso cia tio n ..
Benicia Building and Loan A ssociation----------------Equitable Building and Loan A ssociation_________
Corona Mutual Building and Loan A ssociation----Escondido Mutual Building and Loan Association
Fortuna Building and Loan A ssociation --------------Mutual Building and Loan A ssociation ____________
Livermore Mutual Building and Loan Association
A ltos Building and Loan A ssociation ______________
Home Investment Building and Loan AssociationM etropolitan Loan A ssociation____________________
Southern California Loan A ssociation____________
Fidelity Savings and Loan A sso cia tio n .---------------State Mutual Building and Loan A ssociation-----Bankers Guaranty-Loan Company_________________
Los Gatos Building and Loan A ssociation----------Mutual Building and Loan A ssociation ___________
Madera Mutual Building and Loan A sso cia tio n .__
Merced Mutual Building and Loan A sso c ia tio n ...
Tamalpais Mutual Building and Loan Association
Napa Building and Loan A ssociation______________
Newcastle Building and Loan A ssociation_________
Alameda County Loan Association------------------------Cosm opolitan Mutual Building and Loan Associa­
tion ______________________ ___________________________
People’s Mutual Building and Loan A sso cia tio n ..
Orange Building and Loan A ssociation___________
Palo A lto Mutual Building and Loan Association.
Pasadena Building and Loan A ssociation________
Mutual Building and Loan A ssociation___________
California Security Loan C orporation____________
Paso Robles Mutual Building and Loan Associa­
tion —
Petaluma Mutual Loan A ssociation_______________
Pleasanton Mutual Building and Loan Associa­
tion _________________________________________________
Mutual Building and Loan A ssociation___________
Home Builders Loan A ssociation__________________
Porterville Mutual Building and Loan Associa­
tion _________________________________________________
San Mateo County Building and Loan Association
Home Investment A ssociation______________________
Riverside County Mutual Building and Loan Asso­
ciation —
Sacramento Building and Loan Association______
Employee’s National Benefit A ssociation__________
Santa Fe Building and Loan A ssociation _________
San Diego Building and Loan A ssociation________
Silver Gate Building and Loan Association_______
Argonaut Mutual Building and Loan AssociationBay City Building and Loan A ssociation_________
Bay View Building and Loan A ssociation_________
California Mutual Savings Fund, Loan and Build­
ing Association ____________________________________
Citizens Building and Loan A ssociation__________
Empire Building and Loan A ssociation___________
Eureka Building and Loan A ssociation___________
Fairmount Loan A ssociation_______________________
Fidelity Building and Loan A ssociation__________
Globe Mutual Building and Loan A ssociation____




Location

Alameda
Alameda
Anaheim

Amount

$44 89
33 24
28 45

_

Bakersfield
Bakersfield _____
Benicia
Berkeley __
Corona . . . .
Escondido _
Fortuna _
Fresno
Livermore .
Los A ltos
____
Los Angeles
Los Angeles
Los Angeles . . . .
Los Angeles .
Los Angeles _
Los Angeles .
Los Gatos . .
Long Beach _
Madera
Merced . . .
Mill V a lle y ______
Napa _ _ . . .
Newcastle
._ .
Oakland
Oakland . . .
_.
Ontario .
Orange
.
Palo A lto _. __
Pasadena . . . . . .
Pasadena _ _ __
Pasadena
Paso Robles
Petaluma

74 50
41 45
17 63
12 56
10 00
10 00
10 00
44 10
10 00
10 00
12 41
74 05
213 79
1,663 75
1,073 25
12 31
10 00
34 63
10 00
41 10
16 31
60 26
13 86
126 85
47
124
134
145
38
102
119

44
90
08
99
41
10
38

10 00
14 07

Pleasanton _
Pomona . . . .
Pomona _ _____

10 00
172 48
104 32

Porterville
_
Redwood C i t y __
Redlands

23 60
103 45
139 15

Riverside _ ____
Sacramento
Sacramento
San Bernardino..
San Diego
_____
San Diego . . . .
San Francisco . . .
San Francisco . . .
San Francisco . . .

43
91
10
276
90
73
15
19
10

78
28
00
20
10
10
08
87
00

San
San
San
San
San
San
San

52
144
17
13
10
43
37

00
17
73
08
00
60
60

Francisco
Francisco
Francisco
Francisco
Francisco
Francisco
Francisco

._ .
...
...
...
...
...
...

16

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

Associations

Location

Home Mutual Deposit Loan Association__________
Mechanics Building and Loan Association________
Mission Home and Loan Association__________ ____
Occidental Loan A ssociation _______________________
Pacific Loan Association____________________________
Progress Mutual Loan A ssociation________________
Provident Mutual Loan A ssociation______________
Union Loan Association____________________________
Western Loan Association___________________ ______
California Home Building-Loan Company_________
Pacific States Savings and Loan Company_______
Franklin Mutual Building and Loan Association_Nucleus Building and Loan A ssociation___________
Mutual Building and Loan Association of San
Jose and College Park_____________________________
San Jose Building and Loan Association_________
San Luis Building and Loan Association_________
San Mateo Mutual Building and Loan Association
Marin County Mutual Building and Loan Associa­
tion _________________________________________________
Home Mutual Building and Loan Association___
Loan and Building A ssociation_____________________
Santa Barbara Mutual Building and Loan Asso­
ciation ______________________________________________
Santa Clara Building and Loan Association_____
Santa Cruz County Building and Loan Associa­
tion __________________________________________________
Santa Paula Building and Loan Association_____
Santa Rosa Building and Loan Association_____
Sausalito Mutual Loan A ssociation_______________
San Joaquin Valley Building and Loan Associa­
tion _________________________________________________
Stockton Land, Loan and Building A sso cia tio n --,
Security Building and Loan Association__________
Tulare Building and Loan Association_____________
Magnolia Mutual Building and Loan AssociationVallejo Building and Loan Association___________
Visalia Building and Loan Association___________
Northern California Building and Loan Associa­
tion __________________________________________________
Western Loan and Building Company_____________

Amount

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

Francisco
Francisco ___
Francisco
Francisco
Francisco
Francisco
Francisco
Francisco
Francisco
Francisco
Francisco
Francisco
J o s e ________

26
13
22
54

84
66
54
46

22
179
319
55
61

87
90
63
60
45

San
San
San
San

Jose ________
Jose ________
Luis Obispo.
Mateo _____

195
88
42
35

15
38
92
21

72 39
27 28

10 00

10 00

San R a fa e l______
Santa Ana ______
Santa Barbara __

45 18
155 88
89 58

Santa Barbara
Santa C l a r a ____

127 98
78 26

Santa Cruz .
Santa Paula
Santa Rosa .
Sausalito

11
116
35
14

15
98
09
92

Stockton
Stockton
Stockton
Tulare
Upland Vallejo _
V isalia _

192
243
14
10
76

56
99
12
33
28

W o o d la n d _______
Salt Lake C ity_—

10 00
24 05

T o ta l _________________________________
One new license issued during the year.

10 00
91 56

$8,493 33

10 00
i,503 33

Aggregate ---------------------Old revolving fund balance.

202 00
$8,705 33

Aggregate
Deposited with State Treasurer:
January 18, 1915, Controller’s Receipt No. 1718_________________
February 2, 1915, Controller’s Receipt No. 1853_________________
June 25, 1915, Controller’s Receipt No. 2919______________________

$5,600 00
2,883 33
222 00

T o ta l ________________________________________________________—

$8,705 33

S tate of C a l if o r n ia ,
City and County of San Francisco,

1
j

ss

J. L. Fields, Secretary for the Building and Loan Commissioner, being first duly
sworn, deposes and says the foregoing is a correct statement of the receipts for the
fiscal year ended June 30, 1914, and of the disposition of same.
J. L. F ields .
Subscribed and sworn to before me this 31st day of August, 1915.
G eo. S. W a l k e r ,
Commissioner.




REPORT ON BUILDING AND LOAN ASSOCIATIONS.

17

SECRETARIES AND T H EIR LOCAL ADDRESSES
Location

Name

L. A. R h o d e s ,-____
Fred A. Backs, Jr.__
E. W. Spiers__ _
_
B ak ersfield---------- Arthur S. Grites----H. K. W h i t e ________
A. J. Bradford______
B erkeley
John P. Key _
Escondido ---------- F. G. Baldridge
E o r t u n a _________ G. A. Friedenbach-.
Fresno ___________ Wick W . P arsons-O. E. M in e r _______
W. A. Bonynge_____
Julius H. M artin----Los A n g e le s____
L o s A ngeles
Isaac Norton _ __
Los A n g e le s_____ 0 . J. W ade__________
Los A n g e le s_____ G. H. Wadleigh ___
L o s G ain s
A. Berryman
_ _
L o n g Beach
W. S. Stevens _
T,i v e r m o r e
O. F. Wente _ ____
M e Bern.
E. M. McOardle_____
M erced
J. H. Simonson____
M ill V a l l e y
Paul Helmore __ _
Napa.
John N. M o u n t .__
N ey rea st le
John W a l l a c e ___ __
O a k l an d
W. S. Gould
_ _ _
O akland
O. P. H oag__________
O akland
R. R. Reed
_____
Oakl and
F. D. Phillips_______
O n tario
J. 0 . Henderson____
Orange __________ U. D. Rhodes _ ___ .
Palo A l t o _______ Edward Jesurun ___
A n a h eim _________

Pasadena
Pasadena.
Pasadena
P a so R obles

P leasanton
Pomona,
Pomona,

E

D. H i l l

A. J. M o rris..
___
F. E. W a r r in e r .___
F. G. W etzel.
_ __

P o r te r v ille ______
Redlands ________
Redwood C ity

T. H. S ilv e r _______
W. D. Frederick
__
C. E. Greaser
O. 0 . Premo _ ------J. Warren Smith___
H. W. Schaberg _

R iv e rs id e

M. S. B n w m n n

S a c ra m en to _____
San Bernardino
San D ie g o _______

Frank H ic k m a n ___
John Flagg
J. R. Beardsley _ _

S an D i e g o

H.

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

Theo. B au se m er___
Wm. E. Bouton __
B. Fedde _
___
E. Gunzburger _____
R. L . H andy________
A. R. Knoll_________
W. S. Pardy ______
N. Steinberger ___
Fremont WT o d ___
o

Francisco
Francisco
Francisco ___
Francisco ___
Francisco
Francisco
Francisco
Francisco
Francisco
Jose
Jose ___
Jose
_ __
Luis Obispo,
M a te o _______
R a fa e l______

2— 19098




A. G r o g h n n

G. H . J o h n s o n

Ralph E. San ders...
W. M. Sontheimer.—
M. Lewin
___
0 . H. Kirkbride____
L. A. Lancel
____

Associ­
ations

1
1
1
1
1
1
1
1
1
i

1
1
1
1
1
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

1
1

1
1
1
1
1
1
1
1
1
1
1
1
1
1
5
1
6
1
2
1
2
1
1
1
1'
1
1
1

Address

2301 Central avenue.
Anaheim.
Care Producers Savings Bank.
Care First Bank of Kern.
Benicia.
2011 Shattuck avenue.
First National Bank Building.
Gare Escondido Savings Bank.
Fortuna.
Care Peoples Savings Bank.
Los Altos.
Care Commercial N ationalBank.
431 W est Fifth street.
604 Title Insurance Building.
223 South Spring street.
601 South H ill street.
Los Gatos.
First and Locust streets.
Gare First N ational Bank.
Care Madera A bstract Co.
Merced.
P. O. Box 575.
Napa.
Newcastle.
1248 East Twelfth street.
563 Sixteenth street.
88 Blake & M offatt Building.
Federal Realty Building.
Ontario.
Orange.
259 University avenue.
18 Marengo avenue.
2 East Colorado street.
Colorado and Fair Oaks avenue.
Care First National Bank.
Petaluma.
Care Bank of Pleasanton.
260 South Thomas street.
261 South Thomas street.
Porterville.
Fifth and Citrus streets.
Redwood City.
630 Seventh street.
724 J street.
318 D street.
759 Sixth street.
411 E street.
1208 Railroad avenue.
255 Montgomery street.
995 Market street.
1933 Ellis street.
Second floor, Hearst Building.
282 Bush street.
550 California street.
715 Clunie Building.
405 Pine street.
12 North First street.
34 East Sant Antonio street.
42 East Santa Clara street.
1089 Chorro street.
San Mateo.
San Rafael.

18

REPORT ON BUILDING AND LOAN ASSOCIATIONS.
S E C R E T A R IE S

AND

THE

LOCAL

A D D R E S S E S — Continued.

| ssociA
! ations

A
ddress

Santa Ana
0 . M. Robbins _____
Santa Barbara
J. T. Johnson ____
Santa Barbara __ J. M. W a r r e n ______

i
i
i

Santa Clara ____ P. 0 . R oll___________
Santa. Crnz
Geo. W. W o od _ __
Santa Paula ___ H. H. Youngken— .
Santa Rosa _____ C. D. Barnett
.
Sausalito _______ John .T Ross
Stockton
C. E. Littleh ale____
Stockton
A. M. Noble_________
______ P. L. W illiam s_____
Stockton
Tn la re
J. L. W ilder________
Upland __________ M. P. Palmer_______
Vallejo
_______ Wade H. Madren___
Visalia.
C. L. Johnson_____
Woodland
A. A. Colburn____ _
Salt Lake C ity— John T. W hite ___

i

Santa Ana.
P. 0 . Box 35.
Care Santa Barbara County
N ational Bank.
Santa Clara.
21 Pacific avenue.
Santa Paula.
629 Fourth street.
Sausalito.
223 East Weber street.
15 South Hunter street.
26 N. San Joaquin street.
Tulare.
Upland.
426 Georgia street.
Care Traders Union.
Beamer Block.
49 E ast First South street.

L
ocation




N e
am

i
i
i
i
i

li
i
i
i
i
i
i

APPENDIX

Detailed Statement of the Condition
o f the

Building and Loan Associations
o f the

State of California
As compiled from the reports to the Commissioner for the
fiscal year ending June 30, 1915




Arranged Alphabetically by Cities and Towns




REPORT ON BUILDING AND LOAN ASSOCIATIONS.

21

BUILDING A N D LOAN ASSOCIATIONS.
No. 1.

ALAMEDA.

CENTRAL LOAN ASSOCIATION.
(Incorporated July 26, 1909.)
L. A. R hodes , Secretary.
No. of series, none.

F. N. D elan o y , President.
Fiscal year ended June 30, 1915.
No. of members and investors, 248.
No. of shares, 6,194.
Liabilities.

Assets.

Guarantee stock, capital____ $15,554 00
Loans on mortgages, $158,Guarantee stock, surplus____
7,425 03
409.07; on definite con­
92,697 98
tract, $22,462.05 _________ $180,871 12 Installment shares, dues____
12,396 21
1,362 70 Installment shares, profits___
Arrearages, on interest_____
Furniture and fixtures______
700 00 Investment certificates, prin­
cipal ______________________
41,450 00
Investment certificates, divi­
1,492 56
dends _____________________
Overdrafts and bills payable8,617 73
Loans due and incomplete___
1,709 98
Sundry ledger accounts_____
10 00
All other liabilities, contin­
gent ______________________
1,580 33
Total a s s e ts___________ $182,933 82

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Investment certificates_____
Interest _____________________
Loans repaid________________
Overdrafts and bills payableAdvances repaid, personal ac­
counts _____________________

Total receipts

Total liabilities________$182,933 82

Disbursements for Fiscal Year.

$969
65,497
11,650
11,995
25,785
24,817

76
03
00
53
90
73

Overdrafts and bills payable- $17,200 00
Loans on mortgages and
53,111 32
shares_____________________
307 79
Interest paid________________
Dividends onguarantee stock
2,331 27
Dues
repaid,
installment
shares -----------------------------60,665 33
917 05 Profits repaid, installment
shares ____________________
2,290 05
Investment certificates, prin­
cipal ______________________
1,250 00
Investment certificates, divi­
dends _____________________
2,583 64
Advances, personal accounts907 05
Salaries_____________________
110 00
T a x e s_______________________
149 84
Other expenses______________
726 71

$141,633 00

Total disbursements___ $141,633 00

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




22

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 2.

ALAMEDA.

COLUMBIAN MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated July 18, 1893.)
R . R . R ead , Secretary.
No. of series, 22.

J am es K . L y n c h , President.
Fiscal year ended July 31, 1914.
No. of members and investors, 273.
No. o f shares, 2,427.

Assets.

Liabilities.

Loans, on definite contract,
Installment shares, dues____ $78,556 20
$103,313.06 ; on shares, $3,Installment shares, profits___
16,198 18
450.00 ____________________ $106,763 06 Advance payments__________
3,451 91
Arrearages—
Overdrafts and bills pavable_
14,328 78
On shares________ $817 64
Reserve and undivided profits
2,907 90
On interest_______1,101 25
Loans due and incomplete___
1,676 35
On fines__________
26 90
-------------1,945 79
Cash in bank________________
3,935 85
Real estate, owned__________
3,09S 73
Advances, ledger accounts___
1,375 89
Total a ssets___________ $117,119 32

Total liabilities________$117,119 32

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
In terest_____________________
F in e s _______________________
F e e s ________________________
Loans repaid_______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________
All other receipts, real es­
tate, etc. _________________

Total receipts__________

Disbursements for Fiscal Year.

$5,214
25,039
8,165
84
1
28,472
8,425

02
80
06
30
00
41
86

Overdrafts and bills payableLoans on mortgages and
shares -----------------------------Interest paid________________
Dues
repaid,
installment
shares ____________________
Profits repaid, installment
shares ____________________
686 59 Advances, personal accountsSalaries_________
646 37 T a x e s_______________________
Other expenses______________
All other disbursements, real
estate, etc. _______________
Balance, cash in office and
b an k ______________________

$76,735 41

$7,590 94
33,593 03
563 32
18,218 15
3,970
831
1,412
81
487

22
35
50
90
48

6,050 67
3,935 85

Total disbursements___ $76,735 41

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

31
33
35
37
39
41
43
45
47
49

Age in
months.

-

-

-




_

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$165
144
123
105
87
70
54
39
25
12

00
00
00
00
00
00
00
00
00
00

24
02
96
05
23
45
63
71
67
43

Withdrawal
value.

$160
140
121
102
85
69
53
39
25
12

72
42
17
95
71
41
97
34
51
39

23

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 3.

A N A H E IM .

SAVINGS, LOAN AND BUILDING ASSOCIATION.
(Incorporated January 8, 1889.)
F eed A. B ack s , Jk. Secretary.

C. F. G kim , Vice-President.

Fiscal year ended April 30, 1915^
No. of members and investors, 167.

No. of series, 11.
Assets.

No. of shares, 2,292

Liabilities.

Loans, on mortgages, $99,Installment shares, dues____ $64,806 00
850.00; on shares, $12,Installment shares, profits___
20,562 34
190.00
$112,040 00 Advance payments
85 30
Arrearages—
Overdrafts and bills payable28,251 62
On shares
$816 00
Reserve and undivided profits
145 67
On interest
331 00
Loans due and incomplete___
2,472 46
On fines
39 40
1,186 40
Cash, in office, $27.80; in
bank, $3,069.19
3,096 99
Total assets

Total liabilities

$116,323 39

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Fines
Fees
Loans repaid
Overdrafts and bills payable_
All other receipts

Total receipts

$1,264
13,897
7,703
29
15
12,032
16,986
141

$116,323 39

77
50
08
40
25
00
62
85

Overdrafts and bills payableLoans on mortgages and
shares
_ _
Interest paid
Dues
repaid,
installment
shares
Profits repaid, installment
shares
Salaries
Taxes
Other expenses
Balance, cash in office and
bank

$8,435 00

Total disbursements___

$52,070 47

$52,070 47

24,942 54
1,519 80
9,236 50
4,278
420
79
62

29
00
05
30

3,096 99

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

17_
18
19
20
21
22
23
24
25
26

Age in
months.

_

_

_

_




120
108
96
84
72
60
48
36
24
12

Total dues
per share.

$60
54
48
42
36
30
24
18
12
6

00
00
00
00
00
00
00
00
00
00

Book value
per share.

$89
77
66
55
45
36
28
20
13
6

79
57
14
54
74
66
18
31
02
26

Withdrawal
value.

$85
72
61
51
42
34
26
18
12
6

32
85
60
48
33
00
00
92
20
03

24

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 4.

B A K E R S F IE L D .

KERN COUNTY MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated July 29, 1901.)
A rtiiue S. C rites . Secretary.
J. F. D ugan , President.
Fiscal year ended December 31, 1914.
No. of series, none.
No. of members and investors, 482.
No. of shares, 10,627.
Assets.

Loans, on mortgages, $283,495.00; on contract sales,
$970.14 _______________ _
$284,405
Arrearages—■
On interest___$2,400 40
On fines______
149 SO
■
-----------------2.550
Cash in bank________________
7,039
Furniture and fixtures______
60
347
Advances, ledger accounts___
Total a ssets___________ $295,063

Liabilities.

14

26
05
50
64
19

Receipts for Fiscal Year.

Installment shares, dues____ $179,471
Installment shares, profits___
55,363
Paid-up and prepaid shares,
cap ita l____________________
38,650
Overdrafts and bills payable9,000
Reserve and undivided profits
11,098
Loans due and incomplete___
1,479

Total liabilities

41
66
00
09
52
60

$295,063 19

Disbursements for Fiscal Year.

Installment shares, dues___ $93,811 05 Overdrafts and bills payable- $28,171 58
Loans on mortgages and
Paid-up and prepaid shares,
shares_____________________
80,824 75
dues ---------------------------------14,100 00
593 94
Interest_____________________
29,071 91 Interest p a i d __- ___________
repaid,
installment
F in e s _______________________
84 76 Dues
shares-------------------------------69,470 26
51,740 00
Loans re p a id ________________
Overdrafts and billspayable24,000 00 Profits repaid, installment
shares ____________________
8,555 46
Advances repaid, personal ac­
counts -----------------------------176 90 Paid-up and prepaid shares,
cap ita l____________________
13,600 00
All other receipts___________
971 29
Paid-up and prepaid shares,
dividends_________________
2,254 00
Advances, personal accounts222 62
Salaries_____________________
1,937 50
T a x e s_______________________
100 06
Other expenses______________
586 09
Balance, cash in office and
b an k______________________
7,639 65
Total receipts__________ $213,955 91

Total disbursements___$213,955 91

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 101 per cent.
Book value, dues plus dividend.
Withdrawal value, full book value.




25

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 5.

B A K E R S F IE L D .

PEOPLE’S MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated January 27, 1892.)
E. W . S piebs , Secretary.
W . S. T e v is , President.
Fiscal year ended January 30, 1915.
No. o f series, 14.
No. of members and investors, 140.
No. o f shares, 2,837.
Liabilities.

Assets.

Loans on mortgages___
Arrearages on shares__
Cash in bank___________

Total assets

$149,325 00 Installment shares, dues____ '
261 00 Installment shares, profits___
2,327 14 Paid-up and prepaid shares,
cap ita l____________________
Reserve and undivided profits
Loans due and incomplete-_
Total liabilities

$151,913 14

Total receipts

58,000; 00
12,276 94
1,400 00
$151,913 14

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
d u e s ______________________
In terest_____________________
Premiums __________________
F in e s ___ ,____________________
F e e s ------------------------------------Loans repaid_______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________

$60,743 40
19,492 80

$1,095 07 Overdrafts and bills payable- $30,000 00
17,981 80 Loans on mortgages and
38,725 00
shares _____ .______________
404 18
3,000 00 Interest paid _______________
repaid,
installment
14,942 96 Dues
8,560 30
shares ____________________
55 00
171 59 Profits repaid, installment
1,648 60
shares ____________________
1 50
32,400 00 Paid-up and prepaid shares,
cap ita l____________________
8,000 00
26,500 00
Paid-up and prepaid shares,
3,541 90
dividends_________________
32 00
1,675 00
Salaries_____________________
957 30
T a x e s_______________________
Other expenses______________
340 50
Balance, cash in office and
2,327 14
bank _____________________
$96,179 92

Total disbursements___$96,179 92

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

16
17
18
20
22
24
26
28




Age in
months.

96
84
72
60
48
36
24
12

Total dues
per share.

$57
50
43
36
28
21
14
7

60
40
20
00
80
60
40
20

Book value
per share.

$91
75
61
48
36
25
16
7

24
60
32
32
52
88
32
70

Withdrawal
value.

$90
74
58
45
34
24
15
7

50
00
00
50
00
00
25
20

26

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 6.

B E N IC IA .

BENICIA BUILDING AND LOAN ASSOCIATION.
(Incorporated December 11, 1883.)
H. K . W h it e , Secretary.
G. G u a u c k , President.
Fiscal year ended January 31, 1915.
No. o f series, 20.
No. of members and investors, 72.
No. of shares, 393.
Assets.

Liabilities.

Loans, on mortgages. $42,106.25; on contract sales,
$3 ,1 1 0 .0 0 _________________ $45,216 25
Arrearages—
On shares____ $9,469 00
On interest___
4,085 90
-----------------13,554 90
Cash, in office, $.92 ; in bank,
$1,073.25 _________________
1,074 17
Real estate owned__________
6,054 17
154 44
Furniture and fixtures_____
Advances, ledger accounts___
1,062 98
463 42
Other a ssets________________

Installment shares, dues____ $38,196 00
6,716 75
Installment shares, profits___
Advance paym ents_________
267 00
Reserve and undivided profits
987 86
Sundry ledger accounts_____
18,117 19
All other liabilities, unearned
premiums ________________
3,295 53

Total a ssets___________

$67,580 33

Total liabilities________ $67,580 33

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues___
I n t e r e s t _____________________
Loans repaid _______________
Advances repaid, personal ac­
counts ____________________

Total receipts_________

Disbursements for Fiscal Year.

$1,441
3,845
1,480
505

13 Interest p a i d _______________
00 Dividends __________________
repaid,
installment
89 Dues
shares ____________________
00
Advances, personal accounts17 50 Salaries_____________________
T a x e s_______________________
Other expenses____________
All other disbursements____
Balance, cash in office and
ban k______________________
Total disbursements___

$7,289 52

$139 52
375 00
4,765
600
247
59
27

95
00
00
25
83
80

1,074 17
$7,289 52

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age In
months.

No.

30
32
34
36
40
42
44
46

_




120
108
96
84
60
48
36
24

Total dues
per share.

Book value
per share.

$120
108
96
84
60
48
36
24

$139
124
108
93
65
51
37
24

00
00
00
00
00
00
00
00

82
02
15
07
77
01
88
73

Withdrawal
value.

$130
115
101
88
62
49
36
24

16
64
60
14
06
25
69
32

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 7.

27

BERKELEY.

EQUITABLE BUILDING AND LOAN ASSOCIATION.
(Incorporated December 7, 1908.)
A. J. B radford, Secretary.
J oh n C ook , President.
Fiscal year ended March 31 , 1915.
No. o f series, 24.
No. of members and investors, 174.
No. of shares, 934.
Liabilities.

Assets.

Loans, on definite contract,
$30,500.01;
on contract
$34,443
sales, $3,943.36
Arrearages— •
On shares
$202 95
On interest
785 35
On fines
39 35
1,027
Cash, in office, $229.44; in
bank, $682.80
912
Real estate owned
2,877
Furniture and fixtures
461
Advances, ledger accounts__
46

Total assets

37

65
24
64
90
S4

$39,769 64

Receipts for Fiscal Year.

Balance from last report____
Guarantee stock
Installment shares, dues____
Paid-up and prepaid shares,
dues
Investment certificates_____
Interest
Fines
Fees
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts
All other receipts

Total receipts

Guarantee stock, capital____ $16,100 00
Guarantee stock, surplus____
240 00
6,922 45
Installment shares, dues____
1,135 67
Installment shares, profits__
Paid-up and prepaid shares,
capital
8,000 00
Paid-up and prepaid shares,
dividends
120 00
Investment certificates, prin2,655 68
cipal
Investment certificates, dividends
139 80
4,000 00
Overdrafts and bills payable274 70
Reserve and undivided profits
Loans due and incomplete___
181 34
Total liabilities

Disbursements for Fiscal Year.

$1,620 45 Overdrafts and bills payable700 00 Loans on mortgages and
shares
2,310 95
Interest paid
300 00 Dividends on guarantee stock
repaid,
installment
1,642 36 Dues
shares
2,783 08
2 90 Profits repaid, installment
shares
18 00
7,261 42 Paid-up and prepaid shares,
capital
4,000 00
Paid-up and prepaid shares,
176 53
dividends
359 64 Investment certificates, principal
Investment certificates, dividends
Advances, personal accountsSalaries
Taxes
Other expenses
All other disbursements
Balance, cash in office and
bank
$21,175 33

Total disbursements___

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




$39,769 64

$4,000 00
5,962 06
273 33
951 00
3,524 25
322 09
1,900 00
597 42
1,014 13
144
133
480
84
486
390

16
75
00
10
27
53

912 24
$21,175 33

28

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 8.

CORONA.

CORONA MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated October 2, 1905.)
J ohn P. K e y , Secretary.
No. of series, none.

A. J. W are , President.

Fiscal year ended October 2, 1914.
No. of members and investors, 115.

Assets.

Loans, on mortgages,
900.00; on definite
tract, $23,087.40
Cash in office
Other assets

Liabilities.

$3,con-

Total assets

Guarantee stock, capital____
Guarantee stock, surplus____
$20,987 40 Installment shares, dues____
10 00 Installment shares, profits___
63 95 Paid-up and prepaid shares,
capital
Investment certificates, principal
Investment certificates, dividends
Overdrafts and bills payable.
Reserve and undivided profits
Loans due and incomplete___
$27,001 35

$8
5,028
5,780
2,255
100
6.601
13,707

Total liabilities

80
55
50
25
09
95
67

$33,4S2 SI

00
00
92
72

3,400 00
3,792 77
333
5,255
20
112

41
67
86
00

$27,061 35

Overdrafts and bills payable. $10,302 00
Loans on mortgages and
shares
9,569 55
Interest paid
287 51
Dividends on guarantee stock
600 00
Dues
repaid,
installment
shares
4,663 03
Profits repaid, installment
shares
494 62
Investment certificates, prin­
cipal
6,575 59
Investment certificates, dividends
372 62
Salaries
420 00
28 SO
Taxes
159 09
Other expenses
Balance, cash in office and
bank
10 00
Total disbursements___

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 74 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$5,000
240
7,123
1,782

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Investment certificates
Interest
Fines
Loans repaid
Overdrafts and bills payable.

Total receipts

No. of shares, 504.

$33,482 81

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 9.

29

ES C O N D ID O .

ESCONDIDO MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated September 19, 1893.)
F. G.

Secretary.
W . H.
Fiscal year ended February 28, 1915.
No. of members and investors, 46.

B a l d r id g e ,

No. of series, 13.

B a l d r id g e ,

President.

No. of shares, 442.

Liabilities.

Assets.

Loans on mortgages
$19,450 00 Installment shares, dues____ $15,402 00
2,914 49
Installment shares, profits___
Cash, in office, $194.46; in
bank, $1,991.61
2,186 07 Paid-up and matured shares,
capital
Furniture and fixtures
3,033 85
80 56
Advance payments
128 00
238 29
Reserve and undivided profits
Total assets

$21,716 63

Total liabilities

Receipts for Fiscal Year.

Balance from last report- ___
Installment shares, dues__
Interest
Premiums
Fines
Fees
Loans repaid

Total receipts

$2,091
5,460
1,595
240
5
3
4,528

$21,716 63

Disbursements for Fiscal Year.

85
00
46
30
55
15
68

Loans on mortgages and
shares
Dues
repaid,
installment
shares
Profits repaid, installment
shares
Paid-up and matured shares,
capital
Paid-up and matured shares,
dividends
Salaries
Taxes
Other expenses
Balance, cash in office and
bank

$13,924 99

Total disbursements___

$2,100 00
6,722 00
1,834 31
515 25
263
204
12
88

36
00
00
00

2,186 07
$13,924 99

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

26 ____________________________________
27 ____________________________________
29_______________________________________
31_______________________________________
33_______________________________________
35_______________________________________
37_______________________________________




Age in
months.

78
72
60
48
36
24
12

Total dues
per share.

$78
72
60
48
36
24
12

00
00
00
00
00
00
00

Book value
per share.

$106
96
76
57
41
26
12

57
04
05
79
27
17
50

Withdrawal
value.

$100 00
90 03
72 04
55 37
39 95
25 63
12 38

30

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 10.

FORTUNA.

FORTUNA BUILDING AND LOAN ASSOCIATION.
(Incorporated April 30, 1889.)
C. A.

F r ie d e n b a c h ,

No. o f series, 13.

Secretary.
H. T . N a t w ic k , President.
Fiscal year ended May 31, 1915.
No. of members and investors, 91.
No. o f shares, 612.

Assets.

Liabilities.

Loans on mortgages
$29,650
Arrearages— •
On shares
$190 50
On interest
132 15
On fines
18 05
340
Cash in bank _
353
42
Advances, ledger accounts___
Total assets

00 Installment shares, dues____ $24,867 00
Installment shares, profits___
4,560 13
Advance payments
69 O
O
Reserve and undivided profits
890 76
70
82
37
Total liabilities

$30,386 89

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Fines
Fees
Loans repaid
All other receipts

Total receipts

$30,386 89

$434
8,105
2,640
30
20
6,600
48

42
00
60
88
10
00
82

Loans' on mortgages and
shares
Interest paid
Dues
repaid,
installment
shares
Profits repaid, installment
shares
Advances, personal accountsSalaries
Other expenses
Balance, cash in office and
bank

$17,S79 82

Total disbursements___

$4,950 00
95 50
9,740 00
2,455
42
180
62

33
37
00
80

353 82
$17,879 82

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

40_______________________________________
42_______________________________________
44_______________________________________
46_______________________________________
48_______________________________________
50_______________________________________




Age in
months.

72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$72
60
48
36
24
12

$05
72
55
40
25
12

00
00
00
00
00
00

20
50
91
40
95
50

Withdrawal
value.

$87
70
53
38
24
12

97
94
93
93
98
20

31

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 11.

FRESNO.

MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated March 17, 1892.)
W.

W ic k

Secretary.
W . T.
Fiscal year ended February 28, 1915.
No. of members and investors, 188.

P arson s,

No. of series, 20.

Assets.

M a t t in g l y ,

President.

No. of shares, 2,329.

Liabilities.

Loans on definite contract_$140,004 01 Installment shares, dues------- $82,226 40
Arrearages— ■
Installment shares, profits___
32,568 72
On shares______
$68 40
Overdrafts and bills payable25,000 00
768 90
On interest_____
Reserve and undivided profits
3,467 62
----------------------------- 83730
Loans due and incomplete___
5,740 70
Cash in bank________________
7,587 52
Advances, ledger accounts_
574 61
Total assets

$149,003 44

Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
In terest_____________________
Fines _______________________
F e e s ________________________
Loans repaid________________
Overdrafts and bills payable-

Total receipts

$149,003 44

Disbursements for Fiscal Year.

$9,642 26 Overdrafts and bills payable- $52,500 00
18,154 90 Loans on mortgages and
14,317 26
shares ____________________
40,759 11
2,657 96
8 00 Interest p a id _______________
repaid,
installment
8 00 Dues
shares ____________________
14,861 30
48,007 33
40,000 00 Profits repaid, installment
shares ____________________
9,438 70
Advances, personal accounts574 61
Salaries_____________________
1,065 00
T a x e s_______________________
562 00
Other expenses______________
131 55
Balance, cash in office and
b an k______________________
7,587 52
Total disbursements___$130,137 75

$130,137 75

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

Serial
No.

27
29
31
33
35
37
39
41
43
45

_
'

_




-

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$207
177
149
123
100
78
59
42
26
12

00
00
00
00
00
00
00
00
00
00

48
03
13
47
13
83
51
17
62
65

Withdrawal
value.

$207
177
149
123
100
78
59
42
26
12

48
03
13
47
13
83
51
17
62
65

32

REPORT ON BUILDING AND LOAN ASSOCIATIONS.

No. 12.

L IV E R M O R E .

LIVERMORE MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated September 19, 1906.)

C. F . W

ente,

Secretary.

J. O M c K

F iscal year ended September 30, 1914.
No. of members and investors, 43.

No. of series, 9.

Assets.

Loans on mortgages
Arrearages on shares .
Cash in bank
Total assets

Total receipts

President.

No. of shares, 316.

Liabilities.

$18,690 51 Installment shares, dues____ $17,052 00
293 00 Installment shares, profits___
3,484 24
2,022 80 Reserve and undivided profits
470 07
$21,006 31

Total liabilities

Receipts for Fiscal Year.

Balance from last report__ __
Installment shares, dues__
Interest
Premiums
Fines
Fees
Loans repaid

own,

$3,756
3,784
1,482
46
17
2
3,150

$21,006 31

Disbursements for Fiscal Year.

88
00
46
00
50
90
00

Loans on mortgages and
shares
Dues
repaid,
installment
shares
Profits repaid, installment
shares
Salaries
Taxes
Other expenses
Balance, cash in office and
bank

$12,239 74

Total d is b u r s e m e n ts ___

$4,740 51
4,255 00
749
200
235
35

70
00
83
90

2,022 80
$12,239 74

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

1___________________
3_______________________________________
5 ____________________________________
6 ____________________________________
8 ____________________________________
9 ____________________________________




Age in
months.

96
84
60
48
24
12

Total dues
per share.

$96
84
60
48
24
12

00
00
O
O
00
00
00

Book value
per share.

$123
105
70
54
25
12

71
09
15
26
52
39

Withdrawal
value.

$120
102
69
53
25
12

94
99
14
64
37
35

R E P O R T O N B U IL D IN G

No. 13.

33

A N D L O A N A S S O C IA T IO N S .

LONG BEA CH.

MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated August 4, 1904.)
W . S. S teven s , Secretary.
L lew ellyn B ix b y , President.
Fiscal year ended December 31, 1914.
No. o f series, none.
No. of members and investors, 188.
No. o f shares, 994.
Assets.

Liabilities.

Loans, on mortgages, $5,075.00; on definite contract,
$134,646.66;
on
shares, $175.00; on contract sales, $1,919.48
$141,816 14
Arrearages on interest
330 10
Cash, in office, $407.37; in
bank, $13,082.32
13,489 69

Installment shares, dues____ $39,278 34
Installment shares, profits___
9,390 04
Paid-up and prepaid shares,
capital
20,100 00
Paid-up and prepaid shares,
dividends
669 15
Investment certificates, principal
79,072 39
Investment certificates, dividends
5,104 94
Reserve and undivided profits
2,021 07

Total assets _

$155,635 93

Total receipts

$8,162 88
8,725 94
3,550
68,850
10,947
578
49,786
101

00
74
14
36
87
71

$150,703 64

Overdrafts and bills payable$5,000 00
Loans on mortgages and
shares
80,694 71
Interest paid
230 29
Dues
repaid,
installment
shares
3,376 80
Profits repaid, installment
shares
1,160 60
Paid-up and prepaid shares,
capital
3,500 00
Paid-up and prepaid shares,
dividends
984 25
Investment certificates, prin­
cipal
' 37,029 85
Investment certificates, dividends
2,388 86
Salaries
935 00
Taxes
34 28
Other expenses
1,221 45
All other disbursements
57 86
Balance, cash in office and
bank
13,489 69
Total disbursements___ $150,703 64

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues. 50 cents per share per month.
Dividend, last fiscal year, 8 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.

3— 19098




$155,635 93

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues_^__
Paid-up and prepaid shares,
dues
Investment certificates
Interest
Fees
Loans repaid
All other receipts

Total liabilities

34

R E P O R T O N B U IL D IN G

No. 14.

AN D LO AN

A S S O C IA T IO N S .

LO S A L T O S .

ALTOS BUILDING AND LOAN ASSOCIATION.
(Incorporated April 24, 1909.)
0 . E. M ix e r , Secretary.
No. cf series, none.

F red S. S h o u p , President.
Fiscal year ended June 30, 1915.
No. of members and investors, 32.
No. o f shares, 230.

Assets.

Loans on mortgages
('ash in bank
OfImr assets

Total assets

Liabilities.

$17,607 09 Guarantee stock, capital____ $16,200 00
l . n o 02 Installment shares, dues____
80 00
S4 72 Installment shares, profits___
15 72
Investment certificates, principal
1,500 00
Investment certificates, dividends
45 00
Reserve and undivided profits
967 71
.$18,SOS 43

Receipts for Fiscal Year.

Balance from last reports
Guarantee stock
Interest
Fines
Fees
Loans repaid

Total receipts

Total liabilities

Disbursements for Fiscal Year.

$749 01
(115 00
1,307 98
99 86
20 00
2,257 56

$4,972 41

Overdrafts and bills payable.
Loans on mortgages and
shares
Interest paid
Dividends on guarantee stock
Investment certificates, dividends
Taxes
Other expenses
Balance, cash in office and
bank

$2,000 00

Total disbursements___

$4,972 41

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year. 71 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$18,808 43

493 84
11 75
1,161 79
90 00
45 24
53 17
1,116 62

REPO RT

O N B U IL D IN G

No. 15.

35

A N D L O A N A S S O C IA T IO N S .

LO S A N G E L E S .

BANKERS’ GUARANTY-LOAN COMPANY.
(Incorporated August 12, 1901.)
G. II. W adleigii , Secretary.
J o h n H. F oley , President.
Fiscal year ended December 31, 1914.
No. of series, none.
No. of members and investors, 146.
No. of shares, 861.
Liabilities.

Assets.

Guarantee stock, capital____ $14,035 13
Loans, on mortgages, $20,907.92; on shares, $632.67 $21,540 59 Paid-up and prepaid certificates
5,883 50
Cash, in office, $86.07; in
bank, $4,153.74
4,239 81 Investment certificates, principal
10,398 00
Real estate owned
3,791 43
416 48 Sundry ledger accounts
Advances, ledger accounts___
21 68
350 00
Other assets
Total assets

$30,338 31

Receipts for Fiscal Year.

Balance from last report____
Investment certificates
Interest
Fines
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts
All other receipts, real esfate. etc.

Total receipts

Total liabilities

Disbursements for Fiscal Year.

59 Overdrafts and bills payable77 Loans on mortgages and
37
shares
43 Interest paid
97 Paid-up and prepaid certifi00
cates
Investment certificates, prin18,674 27
cipal
Advances, personal accounts10,665 62 Other expenses
All other disbursements, real
estate, etc.
Balance, cash in office and
bank
$400
2,698
2,517
14
8,095
2,150

$45,217 02

Total disbursements___

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 60 cents per share per month.
Dividend, last fiscal year, — per cent.
Kook value, dues plus dividend.
Withdrawal value, full book value.




$30,338 31

$3,550 00
2,875 00
993 96
3,800 00
4,837 35
15,932 23
175 02
8,813 65
4,239 81
$45,217 02

36

R E P O R T O N B U IL D IN G A N D L O A N A S S O C IA T IO N S .

No. 16.

LO S A N G E L E S .

FIDELITY SAVINGS AND LOAN ASSOCIATION.
(Incorporated December 22, 1891.)
G. H. W adleigh , Secretary.
C. C. B oynton , President.
Fiscal year ended December 31, 1914.
No. of series, none.
No. of members and investors, 4,800.
No. of shares, 81,194.
Assets.

Liabilities.

Loans, on mortgages, $1,571,060.59; on definite
contract,
$3,864,254.86;
on shares, $162,447.88___$5,597,763
Arrearages on interest_____
2,000
Cash, in office, $11,182.62;
in bank, $132,654.85_____
143,837
294,177
Real estate owned__________
Advances, ledger accounts----38,609

33
81
47
62
60

Installment shares, dues____ $1,431,180
Installment shares, profits__
792,078
Paid-up and prepaid shares,
748,600
cap ita l---------------------------Paid-up and prepaid shares,
dividends------------------------17,663
Investment certificates, prin­
cipal -------------------------------- 2,342,968
Investment certificates, divi­
dends -----------------------------43,043
Overdrafts and bills payable
49,075
Reserve and undivided profits 468,675
Loans due and incomplete__
106,938
Sundry ledger accounts____
62,570
All other liabilities, tax re­
serve, e t c .----------------------13,594

Total a ssets__________ $6,076,388 83

80
57
00
38
67
28
00
89
54
49
21

Total liabilities______ $6,076,388 83

Receipts for Fiscal Year.

Disbursements for Fiscal Year.

Balance from last report___ $166,597
Installment shares, dues----420,279
Paid-up and prepaid shares,
d u e s _____________________
570,500
Investment certificates-----878,739
In terest____________________
524,333
59,911
Premiums _________________
Fines and fees______________
6,660
Loans repaid______________ 2,051,579
Overdrafts and bills payable
52,528
All other receipts, real es­
tate, e t c .________________
128,853

09 Overdrafts and bills payable $227,031 30
47 Loans on mortgages and
shares ---------------------------- 2,358,685 26
00 Dues
repaid,
installment
87
shares __________________
341,260 44
11 Profits repaid, installment
41
shares ---------------------------267,096 99
85 Paid-up and prepaid shares,
99
c a p ita l---------------------------100,150 00
30 Paid-up and prepaid shares,
dividends________________
25,759 69
58 Investment certificates, prin­
cipal _____________________ 1,150,836 00
Investment certificates, divi­
dends and interest________
174,115 72
Salaries____________________
20,300 00
T a x e s______________________
7,996 25
Other expenses____________
42,914 55
Balance, cash in office and
b an k_____________________
143,837 47

Total receipts_________ $4,859,983 67

Total

disbursements__$4,859,983 67

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

“Fidelity” issue of Class “B ”
dues 70 cents per share per
month.




Age In
months.

84
72
60
48
36
24
12

Total dues
per share.

$58
50
42
33
25
16
8

80
40
00
60
20
80
40

Loan fund dues
per share.

$51
43
36
28
20
13
5

12
46
00
44
88
32
76

Book value
per share.

$88
68
52
38
25
15
6

17
97
42
15
85
25
11

Withdrawal
value.

$88
68
52
38
25
15
6

17
97
42
15
85
25
11

R E P O R T O N B U IL D IN G

No. 17.

37

A N D L O A N A S S O C IA T IO N S .

LO S A N G E L E S .

HOME INVESTMENT BUILDING AND LOAN ASSOCIATION.
(Incorporated August 21, 1888.)
W . A. B onynge,

No. o f series, 14.

Secretary.

I. B . N e w t o n ,

Fiscal year ended September 30, 1914.
No. of members and investors, 27.

President.

No. of shares, 439.

Liabilities.

Assets.

Loans on mortgages_________ $42,100 00 Installment shares, dues____ $14,557 00
Arrearages—■
Installment shares, profits__
2,733 78
Advance paym ents_________
435 00
On shares______ $220 00
471 32
Overdrafts and bills payable24,510 00
On interest_____
_______________ 69^32Reserve and undivided profits
793 69
Cash in bank------------------------90 68
Furniture and fixtures______
147 47
Total a s se ts___________

Total liabilities________

$43,029 47

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest_____________________
Loans repaid_______________
Overdrafts and bills payable-

Total receipts__________

$1,255
5,071
3,569
30,200
28,810

$43,029 47

91
00
30
00
00

Overdrafts and bills payable- $38,670 00
Loans on mortgages and
shares ____________________
10,600 00
Interest p a i d _______________
1,691 11
Dues
repaid,
installment
13,404 00
shares -----------------------------Profits repaid, installment
shares ____________________
3,313 02
Salaries_____________________
660 00
T a x e s_________ , _____________
290 27
Other expenses_____________
187 13
Balance, cash in office and
ban k______________________
90 68

$68,906 21

Total disbursements___ $68,906 21

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

32
35
38
39
41
43
47
49




Age in
months.

114
96
78
72
60
48
24
12

Total dues
per share.

Book value
per share.

$114
96
78
72
60
48
24
12

$159
127
98
89
71
55
25
12

00
00
00
00
00
00
00
00

69
32
24
13
69
29
70
39

Withdrawal
value.

$155
122
94
85
68
53
25
12

12
62
20
71
77
47
28
30

38

REPORT

O N B U IL D IN G

No. 18.

A N D L O A N A S S O C IA T IO N S .

LO S A N G E L E S .

METROPOLITAN LOAN ASSOCIATION.
(Incorporated July 30, 1886.)
I saac N orton,

Secretary.

J. W . M ontgom ery,

Fiscal year ended June 30, 1915.
No. of members and investors, 190.

No. of series, 22.

President.

No. of shares, 2,856.

Assets.

Liabilities.

Loans, on mortgages, $239,900.00; on shares, $12,900.00 _______
$252,800 00
Arrearages—
On shares________ $32 00
On interest_______ 22 10
----------54 10
Cash in b a n k _______________
1,949 G6

Installment shares, dues____ $159,006 00
Installment shares, profits__
38,339 40
Paid-up and prepaid shares.
cap ita l-----------------------------21,800 00
Advance paym ents_________
1,735 80
Overdrafts and bills payable20,000 00
Reserve and undivided profits 11,414 34
Loans due and incomplete___
1,750 00
Sundry ledger accounts_____
758 16

Total a ssets___________ $254,803

76

Total liabilities________$254,803 76

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
d u e s ______________________
In terest_____________________
F i n e s _______________________
Loans repaid_______________
Advances repaid, personal ac­
counts ____________________

Total receipts__________

Disbursements for Fiscal Year.

$5,242 76
34,136 00
500 00
19,631 90

122 66
19,900 00
1,049 57

Overdrafts and bills payable- $10,000 00
Loans on mortgages and
shares ____________________
21,050 00
Interest p a i d _______________
1,515 98
Dues
repaid,
installment
shares ____________________
29,695 00
Profits repaid, installment
shares ____________________
9,726 67
Paid-up and prepaid shares,
cap ita l____________________
500 00
Paid-up and prepaid shares,
dividends_________________
1,426 01
Advances, personal accounts354 53
Salaries_____________________
3.300 00
T a x e s_______________________
206 93
Other expenses____________
858 11
Balance, cash in office and
b an k ______________________
1,949 66

$80,582 89

Total disbursements___$80,582 89

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

29
31
33
35
37
39
41
43
45
47




Age In
months.

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$169
146
125
105
87
70
54
39
25
12

O
O
O
O
O
O
00
00
00
00
00
00
00

24
28
04
41
28
44
61
71
66
43

Withdrawal
value.

$159
136
116
97
81
66
51
37
24
12

39
71
33
92
17
26
31
85
83
22

R E P O R T O N B U IL D IN G

No. 19.

39

A N D L O A N A S S O C IA T IO N S .

LOS A N G E L E S .

SOUTHERN CALIFORNIA LOAN ASSOCIATION.
J u l iu s

H.

M a r t in ,

No. of series, 22.

(Incorporated March 11, 1887.)
Secretary.
('. E.
Fiscal year ended June 30, 1915.
No. of members and investors, 454.

D o n n a t in ,

President.

No. of shares, 4,708.

Assets.

Liabilities.

Loans on definite contract___ .$744,7)43 OO
Arrearages on shares
229 00
Cash in bank
4,923 92
Furniture and fixtures
1,139 56

Guarantee stock, capital____ $50,000 00
1,764 68
Guarantee stock, surplus____
83,638 00
Installment shares, dues____
24,304 96
Installment shares, profits___
Paid-up and prepaid shares,
558,803 34
capital
Investment certificates, prin1.646 25
eipal
388 00
Advance pa vments
18,820 88
Reserve and undivided profits
10,039 47
Loans due and incomplete___
1,429 90
All other liabilities

Total assets

Total liabilities

$750,835 48

$750,835 48

Receipts for Fiscal Year.

Disbursements for Fiscal Year.

Balance from last report____
$9,858 30
Installment shares, dues____
17,016 00
Paid-up and prepaid shares,
dues
116.357 68
Investment certificates
3,129 51
Interest
59.245 96
Loans repaid
127.396 00
Overdrafts and bills payable20,000 00
Advances repaid, personal accounts
2.360 06
All other receipts
46 45

Overdrafts and bills payable- $30,000 00
Loans on mortgages and
132,942 95
shares
441 63
Interest paid
6,250 00
Dividends on guarantee stock
Dues
repaid,
installment
5,369 00
shares
Profits repaid, installment
2,359 43
shares
Paid-up and prepaid shares,
121,037 86
capital
Paid-up and prepaid shares,
32,241 52
dividends
Investment certificates, prin­
2,853 39
cipal
Investment certificates, divi47 73
(lends
2,360 06
Advances, personal accounts3.616 00
Salaries
5,291 00
Taxes
2,675 47
Other expenses
Balance, cash in office and
4,923 92
bank

Total receipts

$352,409 96

Total disbursements___ $352,409 96

Installment Shares, With Age, Value, and Withdrawal Value.
Serial
No.

33
35
37
39
41
43
45
47
49
51




Age in
months.

118
106
94
82
70
60
48
36
24
12

Total dues
per share.

Book value
per share.

$118
106
94
82
70
60
48
36
24
12

$170
147
125
105
86
72
55
40
25
12

00
00
00
00
CO
O
f)
00
90
00
00

90
51
90
71
90
26
71
27
92
50

Withdrawal
value.

$170
147
117
99
80
67
52
38
25
12

90
51
93
78
14
36
63
56
15
30

40

R E P O R T O N B U IL D IN G A N D L O A N A S S O C IA T IO N S .

No. 20.

LOS A N G E L E S .

STATE MUTUAL BUILDING AND LOAN ASSOCIATION.
C. J. W ade , Secretary.
No. o f series, 4.

(Incorporated June 20, 1889.)
W . G. Coc h r a n , President.
Fiscal year ended December 31, 1914.
No. of members and investors, 5,962.
No. of shares, 10,088.

Assets.

Liabilities.

Loans on definite contract,
$3,589,101.70; on shares,
$18,582.70; on s t r e e t
bonds, $ 1 ,4 1 2 .1 0 ________$3,609,096
Arrearages—■
On interest
$10,828 80
On fines_____
1,607 35
-----------------12,436
Cash, in office, $914.70; in
bank, $103,448.05 _______
104,362
2,000
Furniture and fixtures_____
Advances, ledger accounts__
13,699

50

15
75
00
96

Guarantee stock, capital___$200,000
25,584
Guarantee stock, surplus__
97,049
Installment shares, dues___
Installment shares, profits__
76,353
Paid-up and prepaid shares,
cap ita l__________________
237,740
Paid-up and prepaid shares,
dividends------------------------45,948
Investment certificates, prin­
cipal ________
2,969,336
Investment certificates, divi­
dends -----------------------------79,827
1,350
Advance payments_________
Reserve and undivided profits
6,262
Sundry ledger accounts____
2,142

Total a ssets__________ $3,741,595 36

00
50
90
75
55
63
19

Total liabilities______ $3,741,595 36

Receipts for Fiscal Year.

Balance from lastreport____$136,658
Installment shares, dues____
13,676
Paid-up and prepaid shares,
d u e s _____________________
32,100
744,291
Investment certificates____
Interest____________________
317,201
F in e s ______________________
4,283
350
F e e s _______________________
Loans repaid_______________ 1,03S,024
Advances repaid, personal
accounts ------------------------8.S70
All other receipts, real es­
11,261
tate, e t c .________________

00
34
30
20

Disbursements for Fiscal Year.

76 Loans on mortgages and
30
shares ___________________$1,105,822
Interest paid, canceled cer­
00
tificates _________________
6,105
70 Dividends on guarantee stock
20,000
repaid,
installment
60 Dues
20
shares __________________
42,417
25 Profits repaid, installment
52
shares ___________________
19,014
Paid-up and prepaid shares,
cap ita l_____________
4,950
17
Paid-up and prepaid shares,
61
dividends___________
27,387
Investment certificates, prin­
cipal _____________________
729,083
Investment certificates, divi­
dends ____________________
171,271
Advances, personal accounts
9,684
15,900
Salaries______________
T a x e s_________________
4,353
Other expenses_______
35,747.
All other disbursements, real
estate, etc. ______________
10,618
Balance, cash in office and
b an k________________
104,362

Total receipts_________ $2,306,718 17

43
80
00
40
65
00
35
35
40
11
00
29
26
38
75

Total disbursements__$2,306,718 17

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

Age in
months.

Class “ A ” dues 60 cents
per share per month.

114
108
102
96
72
60
48
36
24
12

Investment Certificates $1.00
per share per month.




Total dues
per share.

$68
64
61
57
$72
60
48
36
24
12

40
80
20
60
00
00
00
00
O
O
00

Loan fund dues
per share.

$67
63
60
56
$72
60
48
36
24
12

40
80
20
60
O
O
00
00
00
00
00

Book value
per share.

$99
92
85
78
$86
69
54
39
25
12

56
33
32
61
21
63
01
29
41
33

Withdrawal
value.

$99
92
85
78
$86
69
54
39
25
12

56
33
32
61
21
63
01
29
41
33

R E P O R T O N B U IL D IN G

No. 21.

41

A N D L O A N A S S O C IA T IO N S .

LO S G A T O S .

LOS GATOS BUILDING AND LOAN ASSOCIATION.
(Incorporated April 27; 1889.)
A.

B e r b y m a iv ,

Secretary.

E. M.
Fiscal year ended April 30, 1915.
No. of members and investors, 25.

No. o f series, 10.
Assets.

Total receipts

No. of shares, 135.

Installment shares, dues____
Installment shares, profits__
Overdrafts and bills payableReserve and undivided profits

$14,674 21

$9,774
4,092
500
307

00
66
00
55

$14,674 21

Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Premiums
Fines
_ _
Fees
Loans repaid
All other receipts

President.

Liabilities.

Loans on mortgages, $12,892.50; on shares
$1,025.00
$13,917 50
Arrearages—
On shares
$116 50
63 10
On interest_____
On premium____
27 00
18 20
On fines
224 SO
Cash in bank _
531 91
Total assets

Sellers,

Disbursements for Fiscal Year.

13 Overdrafts and bills payable00 Loans on mortgages and
95
shares
60 Interest paid
90 Dues
repaid,
installment
65
shares
1,100 00 Profits repaid, installment
12 45
shares
Salaries
Taxes
Other expenses
All other disbursements
Balance, cash in office and
bank
$168
1,648
912
391
54

$4,288 68

Total disbursements-----

$1,100 00
1,445 00
54 27
682 00
119
156
95
17
87

50
00
65
15
20

531 91
$4,288 6S

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

11
13
14
15
16
17
18
19
20

Age in
months.

120
_

—




_

9

6
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
96
84
72
60
48
36
24
12

$187
136
114
94
74
57
40
26
12

00
O
O
00
00
00
00
00
00
00

45
68
53
10
87
01
77
06
50

Withdrawal
value.

Dues plus
profits as
per b y laws.

42

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 22.

M ADERA.

MADERA MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated October 26, 1912.)
E. M. M c C ardle , Secretary.
J. B . H ig h , President.
Fiscal year ended October 31, 1914.
No. o f series, none.
No. of members and investors, 67.
No. of shares, 800.
Assets.

Liabilities.

Loans on definite contract___$14,426 79
Installment shares, dues____
1,290 00 Installment shares, profits___
Arrearages on shares________
Cash in bank________________
750 73 Advance payments__________
Loans due and incomplete___
Total a ssets___________

$16,467 52

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest_____________________
F e e s ________________________
Loans repaid_______________
Overdrafts and bills payable-

Total receipts

$1,638
8,382
946
27
927
325

Total liabilities________

50
02
00
00

$16,467 52

Disbursements for Fiscal Year.

80 Overdraftsand bills payable50 Loans on mortgages and
13
shares ____________________
50 Interest p a i d _______________
37 Dues
repaid,
installment
00
shares ____________________
Salaries-------------------------------T a x e s_______________________
Balance, cash in office and
b an k ______________________

$12,247 30

$1,325

00

9,167 50
9 07
560 00
420 00
15 00
750 73

Total disbursements___ $12,247 30

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, — per cent.
Book value, dues plus dividend.
Withdrawal value, dues paid plus profits, less withdrawal fee.




$15,532
125
60
750

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 23.

43

MERCED.

MERCED MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated June 22, 1891.)
J. H.

Secretary.
W . E.
Fiscal year ended June 30, 1915.
No. o f series, 11.
No. of members and investors, 173.
S im o n s o n ,

L andrum ,

President.

No. of shares, 1,578.

Liabilities.

Assets.

Installment shares, dues____ $93,204
Loans on mortgages. $128,23,865
275.00; on shares, $70.00__ $128,345 00 Installment shares, profits___
Arrearages— ■
Advance payments__________
5
Reserve and undivided profits
2,248
On shares______ $221 00
8,326
Sundry ledger accounts_____
On interest_____
302 55
All other liabilities, unearned
26 20
On fines_________
----------------------------- 54975 premiums ________________
1,905
Cash in bank________________
479 93
Furniture and fixtures______
180 00
Total assets

$129,554 68

Total receipts__________

04

$129,554 68

Total liabilities

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Fines _
Fees
Loans repaid
Advances, repaid, personal accounts

00
47
00
53
64

Loans on mortgages and
shares_____________________
Interest paid________________
Dues
repaid,
installment
shares_____________________
Profits repaid, installment
shares ____________________
8,326 64 Salaries_____________________
T a x e s_______________________
Other expenses ____________
Balance, cash in office and
ban k______________________

$5,292
20,777
10,405
48
16
10,930

58
00
00
76
70
00

$3,050 00
683 10
36,037 00
14,035
600
698
212

90
00
42
33

479 93

Total disbursements___ $55,796 68

$55,796 68

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

17
18
19
20
21
22
23
24
25
26




Age in
months.

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$170
148
127
107
89
72
55
40
25
12

O
O
00
00
00
00
00
00
00
O
O
00

26
14
31
68
30
02
73
36
96
51

Withdrawal
value.

$150
132
115
98
82
67
52
38
25
12

25
53
40
86
95
63
90
78
25
33

R E P O R T O N B U IL D IN G A N D L O A N

44

No. 24.

A S S O C IA T IO N S .

M IL L V A L L E Y .

TAMALPAIS MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated March 16, 1897.)
P a u l H elmoke , Secretary.
W . J. T h o m a s , President.
Fiscal year ended April 30, 1915.
No. o f series, 26.
No. of members and investors, 193.
No. of shares, 1,686.
Assets.

Liabilities.

Loans on mortgages, $13,050.00; on definite con­
tract, $42,005.58; under
foreclosure, $1,514.70_____ $56,570
Arrearages—
On sh ares____
$ 326 30
On interest___
1,304 35
On premium —
916 34
32 70
On fines______
2,579
Cash in office, $29.81; in
bank, $2,602.94___________
2,632
Furniture and fixtures______
126
Advances, ledger accounts___
1
Total assets____________

Installment shares, dues____ $30,007 05
6,077 78
Installment shares, profits___
Paid-up and prepaid shares,
37
capital -----------------------------23,620 00
Reserve and undivided profits
895 00
Loans due and incomplete___
1,213 73
Sundry ledger accounts_____
97 50

69
75
75
50

$61,911 06

Total liabilities

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues___
Paid-up and prepaid shares,
dues ______________________
In terest_____________________
Fines -----------------------------------F e e s -------------Loans repaid________________
All other receipts___________

Total receipts__________

$61,911 06

$4,526 97 Loans on mortgages and
shares ------------------------------ $14,262 70
10,811 60
Dues
repaid,
installment
shares -----------------------------9,964 65
3,600 00
4,061 54 Profits repaid, installment
shares -----------------------------1,932 68
184 04
20 90 Paid-up and prepaid shares,
capital -----------------------------1,100 00
10,414 19
3 70 Paid-up and prepaid shares,
dividends_________________
1,290 20
Salaries-------------------------------520 00
T a x e s _______________________
94 94
Other expenses______________
230 23
All other disbursements_____
1,594 79
Balance, cash in office and
b a n k ______________________
2,632 75
$33,622 94

Total disbursements___ $33,622 94

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

35_______________________________________
37_______________________________________
41_______________________________________
45_______________________________________
49_______________________________________
53_____________________ - ________________
57_____________________




Age in
months.

78
72
60
48
36
24
12

Total dues
per share.

$78 00
72 00
60 00
48 00
36 00
24 00
12 00

Book value
per share.

$101
92
74
56
40
26
12

98
37
02
78
77
06
50

Withdrawal
value.

$101 98
92 37
74 02
56 78
40 77
26 06
12 50

R E P O R T O N B U IL D IN G

45

A N D L O A N A S S O C IA T IO N S .

No. 25.

NAPA.

NAPA BUILDING AND LOAN ASSOCIATION.
(Incorporated September 8, 1888.)
T. N.

M ount,

Secretary.

E. D.

Fiscal year ended May 18, 1915.
No. of members and investors, 329.

No. of series, 11.

B eard,

President.

No. of shares, 3,454.

Liabilities.

Assets.

Installment shares, dues_____ $151,586 00
Loans on mortgages, $196,Installment shares, profits___
31,912 38
295.15; on shares, $12,943 00
Advance payments__________
902.00; on contract sales,
27,302 00
$2,303.24 __________________ $211,500 39 Overdrafts and bills payable1,833 69
Reserve and undivided profits
Arrearages—
All other liabilities, interest
On sh ares____
$373 00
164 94
on bills payable----------------On interest___
380 83
On tines______
119 38
-------------------------------- 87321
Cash in bank------------------------18 41
Real estate owned___________
1,200 00
150 00
Furniture and fixtures______
Total assets

$213,742 01

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest _____________________
Premiums ____ *_____________
Fines -----------------------------------Loans repaid________________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________
All other receipts, real estate,
etc. ------------------------------------

Total receipts

$213,742 01

Total liabilities

Disbursements for Fiscal Year.

Overdrafts and bills payable- $38,800 00
Loans on mortgages and
46,132 11
shares ____________________
958 76
Interest p aid________________
Dues
repaid,
installment
shares-------------------------------37,935 00
Profits repaid, installment
shares ____________________
15,826 85
950 00
14 33 Salaries_____________________
T a x e s _______________________
180 87
427 55
196 47 Other expenses______________
All other disbursements, real
estate, e t c .________________
1,335 16
Balance, cash in office and
b a n k ______________________
18 41

$1,439
42,046
14,934
21
155
40,706
43,050

28
00
93
77
69
24
00

$142,564 71

Total disbursements___ $142,564 71

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

Serial
No.

20
21
22
23
24
25
26
27
28
29

—




_

-

_

125
113
101
89
77
65
53
41
29
17

Total dues
per share.

Book value
per share.

$125
113
101
89
77
65
53
41
29
17

$178
155
133
113
95
77
61
45
31
17

00
00
00
00
00
00
00
00
00
00

24
31
86
78
03
59
21
83
37
80

Withdrawal
value.

$157
139
122
105
89
73
58
44
30
17

55
60
25
50
35
80
85
50
75
46

46

R E P O R T O N B U IL D IN G

No. 26.

A N D L O A N A S S O C IA T IO N S .

NEW CASTLE.

NEWCASTLE BUILDING AND LOAN ASSOCIATION.
(Incorporated May 20, 1889.)
Secretary.
G eo. W . B isbee , President.
Fiscal year ended April 30, 1915.
No. o f series, 11.
No. of members and investors, 107.
No. of shares, 601.
J oh n W allace

Assets.

Liabilities.

Loans on mortgages, $43,Installment shares, dues____ $37,644 00
450.00; on shares, $150.00_ $43,600 00 Installment shares, profits__
9,217 15
Arrearages—
Advance payments__________
43 10
On sh ares______ $126 00
Reserve and undivided profits
1,397 22
On interest_____
168 00
Sundry ledger accounts_____
60 00
On premiums___
55 65
All other liabilities_________
13 50
8 30
On fines_________
----------------------------- 35795
Cash in bank________________
1,693 49
2,673 53
Real estate owned___________
Furniture andfixtures________
50 00
Total a s s e ts-----------------

Total liabilities_________

$48,374 97

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest _____________________
Fines _______________________
Loans repaid________________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________
All other receipts, rents, etc._

Total receipts__________

$4S,374 97

Overdrafts and billspayable$2,400 00
Loans on mortgages and
shares -----------------------------11,250 00
Interest paid __________ #___
23 60
Dues
repaid,
installment
shares ____________________
6,791 00
Profits repaid, installment
shares ____________________
3,013 10
312 00
300 00
201 80 Salaries _____________________
T a x e s -----------------------------------173 22
Other expenses______________
311 24
All other disbursements_____
258 35
Balance, cash in office and
bank _____________________
1,693 49

$7,374 49
7,547 10
3,457 22
121 39
4,800 00
2,400 00

$26,214 00

Total disbursements------

$26,214 00

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

17
18
19
20
21
22
23
24
25
26




Age in
months.

_

_

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$165
142
122
103
86
69
54
39
25
12

00
00
00
00
00
00
00
00
00
00

31
93
59
91
36
84
19
44
52
39

Withdrawal
value.

Dues plus
profits as
per b ylaws.

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 27.

47

OAKLAND.

ALAMEDA COUNTY LOAN ASSOCIATION.
(Incorporated July 20, 1875.)
C. P. H oag, Secretary.
No. of series, none.

J. B. R ich ardson , President.
Fiscal year ended June 30, 1915.
No. of members and investors, 367.
No. of shares, 3,023.
Liabilities.

Assets.

Loans on definite contract,
$391,985.00; on shares, $3,250.00; on contract sales,
$8,302.39 __________________ $403,537
Arrearages, on interest______
1,148
Cash in office, $200.00; in
bank, $5,237.00____________
5,437
Real estate owned, office
building, etc. ____________
63,236
Furniture and fixtures_______
650
155
Advances, ledger accounts___

39
14
00
96
00
00

Total a s s e ts ___________ $474,164 49
Receipts for Fiscal Year.

Installment shares, dues____ $174,214 53
38,628 89
Installment shares, profits___
Paid-up and prepaid shares,
capital ____________________
19,305 00
Paid-up and prepaid shares,
dividends_________________
6,160 93
Investment certificates, prin­
cipal ______________________ 165,290 96
Investment certificates, divi­
dends _____________________
8,782 84
Overdrafts and bills payable5,000 00
Reserve and undivided profits 29,004 55
Loans due and incomplete___
25,360 59
Sundry ledger accounts, ma­
tured sh ares_______ ._____
2,416 20
Total liabilities________$474,164 49
Disbursements for Fiscal Year.

Balance from last report____
$4,922 25 Overdrafts and bills payable- $41,000 00
Installment shares, dues____
47,231 24 Loans on mortgages and
shares ____________________ 106,684 09
Paid-up and prepaid shares,
688 31
dues ______________________
11,047 25 Interest paid _______________
repaid,
installment
investment certificates_____
48,718 69 Dues
shares ____________________
29,496 99
Interest _____________________
28,028 76
Fees ________________________
156 00 Profits repaid, installment
shares ____________________
5,092 63
Loans repaid________________ 100,504 37
Overdrafts and bills payable27,000 00 Paid-up and prepaid shares,
capital ____________________
9,421 00
Advances repaid, personal ac­
counts ____________________
1,000 00 Paid-up and prepaid shares,
dividends _________________
2,531 24
All other receipts, rents, etc.,
net _______________________
2,988 63 Investment certificates, prin­
cipal ______________________
42,829 69
Investment certificates, divi­
dends _____________________
13,072 03
Advances, personal accounts1,287 21
Salaries_____________________
3,930 00
T a x e s _______________________
544 18
Other expenses______________
2,760 67
All other disbursements, real
estate, etc. _______________
6,822 15
Balance, cash in office and
b a n k ______________________
5,437 00
Total receipts__________ $271,597 19

Total disbursements____ $271,597 19

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, full book value.




R E P O R T O N B U IL D IN G A N D L O A N A S S O C IA T IO N S .

48

No. 28.

OAKLAND.

COSMOPOLITAN MUTUAL BUILDING AND LOAN
ASSOCIATION.
(Incorporated August, 4, 1879.)
W il s o n

S.

G ould,

No. of series, 22.

Secretary.
W m . H o f f s c b n e i d e r , President.
Fiscal year ended July 31, 1914.
No. of members and investors, 282.
No. of shares, 2,656.

Assets.

Liabilities.

Loans on definite contract,
$147,542.33 ; on shares, $7,581.15; on contract sales,
$3,735.46
$158,858
Arrearages—
On shares------ $1,828 59
On interest___
1,495 29
3,323
Cash in office, $545.21; in
1,822
bank, $1,277.55
Real estate owned
769
Furniture and fixtures______
500
1,022
Advances, ledger accounts___
Total assets

Installment shares, dues____ $95,613 46
Installment shares, profits___
22,814 57
Investment certificates, prin94
cipal
15,971 06
Advance payments
10,838 31
Overdrafts and bills payable16,500 00
3,324 11
Reserve and undivided profits
88 Loans due and incomplete___
894 66
Sundry ledger accounts
341 80
76
93
00
46

$166,297 97

Total liabilities

Receipts for Fiscal Year.

Total receipts

Disbursements for Fiscal Year.

$2,593
36,613
9,724
14,599
48
56,526
22,000

Balance from last report____
Installment shares, dues____
Investment certificates
Interest
Fines
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts
All other receipts, real estate, etc.

$166,297 97

95
93
84
05
22
40
00

Overdrafts and bills payable- $29,000 00
Loans on mortgages and
shares
34,085 57
Interest paid
3,335 21
Dues
repaid,
installment
. shares
39,092 70
Profits repaid, installment
shares
6,059 44
7,731 34 Investment certificates, principal
22,011 68
8,469 53 Advances, personal accounts8,614 36
Salaries
2,495 00
Taxes
1,145 15
Other expenses
966 74
All other disbursements, real
estate, etc.
9,678 65
Balance, cash in office and
1,822 76
bank

$158,307 26

Total disbursements___ $158,307 26

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

Serial

No.

52
54
56
58
60
62
64
66
68
70

_
_

.
.

_ _

_

.




_

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$162
141
122
103
86
69
53
39
25
12

00
00
00
00
00
00
00
00
00
00

12
68
17
63
14
56
94
21
33
33

Withdrawal
value.

$160
136
115
96
79
67
52
38
25
12

02
62
62
75
77
50
80
70
33
33

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 29.

49

O N T A R IO .

PEOPLE’S MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated June 24, 1891.)
J.

Secretary.
A. P.
Fiscal year ended December 31, 1914.
No. of series, none.
No. of members and investors, 490.
O. H end erso n ,

Assets.

H arw ood,

President.

No. of shares, 9,391.

Liabilities.

Loans on mortgages, $454,Installment shares, dues____ $186,752 62
375 ; on shares, $3,416.50— $457,791 50 Installment shares, profits__
42,850 53
Cash in bank________________
7,953 22 Paid-up and prepaid shares,
Real estate owned___________
1,600 00
capital ------------------------------ 169,475 00
Furniture and fixtures______
521 47 Paid-up and prepaid shares,
956 84
Advances, ledger accounts___
dividends _________________
3,966 68
Overdrafts and bills payable47,906 43
Reserve and undivided profits
11,825 83
Loans due and incomplete___
3,942 35
Sundry ledger accounts_____
765 16
All other liabilities, interest
1,338 43
accrued on bills payable___
Total a sse ts----------------- $468,823 03

Receipts for Fiscal Year.

Balance from last report____
$3,048 92
Installment shares, dues____
70,510 54
Paid-up and prepaid shares,
d u e s ______________________
39,575 00
Interest__________
30,898 35
F in e s _______________________
477 05
F e e s _________________________
37 10
Loans repaid_______________ 108,531 00
Overdrafts and bills payable46,239 72
Advances repaid, personal ac­
counts ____________________
8,999 12

Total receipts




$308,316 80

Total liabilities________$468,823 03

Disbursements for Fiscal Year.

Overdrafts and billspayable- $32,095
Loans on mortgages and
shares ____________________ 137,025
Interest p a i d _______________
1,932
Dues
repaid,
installment
shares ____________________
59,836
Profits repaid, installment
shares ____________________
9,441
Paid-up and prepaid shares,
cap ita l____________________
37,825
Paid-up and prepaid shares,
11,097
dividends_________________
Advances, personalaccounts7,733
Salaries_____________________
2,310
T a x e s_______________________
379
Other expenses______________
538
All other disbursements_____
147
Balance, cash in office and
b an k ______________________
7,953

37
58
30
70
49
00
92
03
00
57
67
95
22

Total disbursements___$308,316 80

50

REPORT

O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 30.

ORANGE.

ORANGE BUILDING AND LOAN ASSOCIATION.
(Incorporated September 21, 1887.)
U. D. R hodes , Secretary.
D. G. P ix l e y , President.
Fiscal year ended October 31, 1914.
No. of series, 19.
No. of members and investors, 521.
No. of shares, 4,953.
Assets.

Loans on mortgages, $420,30 0; on definite contract,
$17,357.08; on shares, $4,580.00 : on contract sales,
$650.00 ___________________ $442,887
Arrearages—
On shares____ $1,347 00
On interest___
2,220 95
On fines______
561 75
-----------------4,129
Cash in office, $73.90; in
25,122
bank, $25,049.04 _________
Real estate owned____________
669
Furniture and fixtures_______
400
Advances, ledger accounts___
176

Liabilities.

08

70
94
97
00
72

Total a ssets___________ $473,386 41

Guarantee stock, capital_ $25,000
00
Guarantee stock, surplus____
5,000 00
Installment shares, dues_ 183,597
00
Installment shares, profits___
54,606 82
Paid-up and prepaid shares,
cap ita l_______________ 173,050
00
Paid-up and prepaid shares,
dividends____________
3,399
31
Advance paym ents____
312
00
Overdrafts and bills payable10,000 00
Reserve and undivided profits
6,717 93
_
9,669 85
Loans due and incomplete_ Sundry ledger accounts_____
162 50
All other liabilities, dividends
1,871
00
unpaid, e t c .__________
Total liabilities________$473,386 41

Receipts for Fiscal Year.

Disbursements for Fiscal Year.

Balance from lastreport_____ $12,633 18 Loans on mortgages and
Installment shares, dues____
47,230 50
shares______________________$107,686 97
Paid-up and prepaid shares,
Interest p a i d _______________
42 25
2,750 00
d u e s ______________________
59,400 00 Dividends on guarantee stock
repaid,
installment
Interest_____________________
35,424 78 Dues
shares_____________________
F in e s _______________________
455 58
28,133 75
F e e s ________________________
363 00 Profits repaid, installment
Loans repaid_______________
SO,673 06
11,806 93
shares_____________________
Paid-up and prepaid shares,
Advances repaid, personal ac­
counts ____________________
664 17
cap ita l____________________
47,150 00
Paid-up and prepaid shares,
dividends__________________
9,797 49
Advances, personal accounts681 99
Salaries_____________________
1,975 50
T a x e s_______________________
558 31
Other expenses______________
468 17
All other disbursements, real
estate, e t c ._________________
669 97
Balance, cash in office and
b an k _______________________
25,122 94
Total disbursements___$236,844 27

Total receipts__________ $236,844 27

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

No.

12
14
16
18
20
22
24
26

_

.




114
96
84
72
60
4S
36
24

Total dues
per share.

Book value
per share.

$114
96
84
72
60
48
36
24

$172
135
113
93
74
56
40
26

00
00
00
00
00
00
00
00

86
91
69
25
38
99
94
17

Withdrawal
value.

$172
135
113
87
70
54
39
25

86
91
69
94
78
74
70
08

R E P O R T O N B U IL D IN G

No. 31.

A N D L O A N A S S O C IA T IO N S .

51

PALO ALTO .

PALO ALTO MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated November 14, 1892.)
Secretary.
C H . G i l b e r t , President.
L
Fiscal year ended September 30, 1914.
No. o f series, none.
No. of members and investors, 387.
No. of shares, 2,144.
E dw ard J e su ru n ,

Assets.

Liabilities.

Loans on definite contract,
$444,072.78 ; on shares, $5,224.00; on street bonds,
$3,180.90
$452,477 68
Arrearages on interest
4,135 70
Cash in office, $771.97; in
bank, $7,047.72
8,419 09
Real estate owned
44,595 64
Furniture and fixtures
2,217 50
Advances, ledger accounts___
2,170 77
Other assets
250 00

Guarantee stock, capital____ $18,700 00
Guarantee stock, surplus____
100 00
Installment shares, dues____
67,748 49
Installment shares, profits__
20,000 10
Paid-up and prepaid shares,
capital
29,548 13
Paid-up and prepaid shares,
dividends
355 81
Investment certificates, principal
314,737 48
Investment certificates, dividends
1,770 37
Overdrafts and bills payable41,500 00
Reserve and undivided profits
3,738 97
Loans due and incomplete___
10,827 70
Sundry ledger accounts
4,736 93
All other liabilities, tax reserve
500 00

Total assets

$514,272 98

Receipts for Fiscal Year.

Balance from last report____
Guarantee stock
Installment shares, dues____
Paid-up and prepaid shares,
dues
Investment certificates
Interest
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts
All other receipts— Real estate sold, etc., net

Total liabilities

Disbursements for Fiscal Year.

$1,729 71 Overdrafts and bills payable- $13,000 00
18,700 00 Loans on mortgages and
15,249 10
shares
76,276 59
Interest paid
2,544 26
8,420 27 Dividends on guarantee stock
245 30
73,497 75 Dues
repaid,
installment
45,932 89
shares
9,415 15
69,031 47 Profits repaid, installment
18,000 00
1,418 11
shares
Paid-up and prepaid shares,
16,240 79
3,779 14
capital
Paid-up and prepaid shares,
10,889 45
1,887 01
dividends
Investment certificates, prin­
115,932 61
cipal
Investment certificates, divi20,758 75
dends
6,408 19
Advances, personal accounts4,224 00
Salaries
2,419 53
Taxes
2,070 10
Other expenses
8,905 00
All other disbursements
Balance, cash in office and
8,419 69
bank

Total receipts__________ $277,703 43

Total disbursements-----$277,703 43

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




$514,272 98

52

R E P O R T O N B U IL D IN G A N D L O A N A S S O C IA T IO N S .

No. 32.

PASADENA.

CALIFORNIA SECURITY LOAN CORPORATION.
(Incorporated March 22, 1909.)
A. J. M orris , Secretary.
H. C. H otalin g , President.
Fiscal year ended December 31, 1914.
No. o f series, none.
No. of members and investors, 721.
No. of shares, 250.
Liabilities.

Assets.

Loans on mortgages, $1,800;
on definite contract, $399,769.29;
on
certificates,
$950.00; on contract sales,
$1,989.00
$404,508
Arrearages on interest
575
Cash in office, $2,020.16; in
bank, $13,166.91
15,187
Real estate owned
978
Furniture and fixtures
500
Advances, ledger accounts___
800
Other assets
70
Total assets

29
83
07
70
00
00
45

$422,620 34

Receipts for Fiscal Year.

Guarantee stock, capital____ $25,000 00
Guarantee stock, surplus____
12,500 00
Investment certificates, principal
354,384 56
Investment certificates, divi2,715 24
dends
25,000 00
Overdrafts and bills payable2,421 42
Reserve and undivided profits
515 01
Loans due and incomplete___
84 11
Sundry ledger accounts

Total liabilities

$422,620 34

Disbursements for Fiscal Year.

Balance from last report____ $30,611 46 Overdrafts and bills payable- $20,000 00
Investment certificates
307,745 84 Loans on mortgages and
106,962 83
Interest
34,002 44
shares
623 51
Premiums
2,858 60 Interest paid
2,500 O
O
Loans repaid
99,214 57 Dividends on guarantee stock
Overdrafts and bills payable_
45,000 00 Investment certificates, prin322,384 34
cipal
Advances repaid, personal accounts
6,703 33 Investment certificates, divi21,111 46
dends
Advances, personal accounts23,610 46
6,998 90
Salaries
355 58
Taxes
3,388 54
Other expenses
All other disbursements, real
3,013 55
estate, etc. _______________
Balance, cash in office and
ban k_______________________
15,187 07
Total receipts__________ $526,136 24

Total disbursements___ $526,136

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




24

R E P O R T O N B U IL D IN G

No. 33.

A N D L O A N A S S O C IA T IO N S .

53

PASADENA.

MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated July 18, 1892.)
F. E. W a rrin er , Secretary.
A. W . B y rn e , President.
Fiscal year ended December 31, 1914.
No. o f series, none.
No. of members and investors, 232.
No. of shares, 2,682.
Assets.

Liabilities.

Loans on mortgages, $80,075 ;
on definite contract, $280,439.45; on contract sales,
$1,098.68 _________________ $361,613 13
Arrearages— •
On interest___ $3,402 39
On fines_______
198 40
— -------------3,600 79
Cash in office, $196.38; in
bank, $10,807.32__________
11,003 70
Real estate owned___________
194 80
500 00
Furniture and fixtures______
Advances, ledger accounts___
75 43

Guarantee stock, capital____ $25,000 00
Guarantee stock, surplus____
2,750 00
Installment shares, dues____
46,215 06
Installment shares, profits___
17,776 01
Paid-up and prepaid shares,
capital ____________________
6,800 00
Paid-up and prepaid shares,
1,687 26
dividends_________________
Investment certificates, prin­
cipal ______________________ 230,689 29
Investment certificates, divi­
dends -------------------------------7,129 96
Advance payments__________
8 50
Overdrafts and bills payable5,000 00
Reserve and undivided profits 32,387 52
Loans due and incomplete___
1,289 45
Sundry ledger accounts_____
254 80

Total a s s e ts ___________ $376,987 85
Receipts for Fiscal Year.

Total liabilities

$376,987 85

Disbursements for Fiscal Year.

$35,500
Balance from last report____
$7,880 25 Overdrafts and billspayableGuarantee stock____________
3,500 00 Loans on mortgages and
Installment shares, dues____
12,758 15
shares ____________________ 185,408
610
Investment certificates______ 112,052 10 Interest p aid_________
3,362
In terest_____________________
30,666 92 Dividends on guarantee stock
repaid,
installment
Premiums __________________
1,473 27 Dues
357 19
Fines _______________________
shares ____________________
19,952
Loans repaid________________ 147,409 40 Profits repaid, installment
Overdrafts and bills payable25,000 00
shares ____________________
4,870
Advances repaid, personal ac­
Paid-up and prepaid shares,
counts ____________________
3,147 60
capital ____________________
2,400
All other receipts___________
3,237 39 Paid-up and prepaid shares,
2,407
dividends__________
Investment certificates, prin­
cipal ---------------------------------51,724
Investment certificates, divi­
dends _____________________
9,865
Advances, personalaccounts3,403
Salaries______________
3,700
T a x e s ------------------------141
Other expenses______
7,042
All other disbursements, real
estate, etc. _______________
6,089
Balance, cash in office and
b a n k _______________
11,003
Total receipts

$347,482 27

54
69
50
22
90
00
51
45
82
46
00
09
05
34
70

Total disbursements___ $347,482 27

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




00

54

R E P O R T O N B U IL D IN G

No. 34.

A N D L O A N A S S O C IA T IO N S .

PASADENA.

PASADENA BUILDING AND LOAN ASSOCIATION.
(Incorporated February 16, 1899.)
Secretary.
S o l o n B r i g g s , President.
Fiscal year ended December 31, 1914.
No. o f series, none.
No. of members and investors, 449.
No. of shares, 5,404.
K

D.

H il l ,

Assets.

Liabilities.

Loans on mortgages. $100.815.00; on definite contract,
$16,530.16;
on
shares, $400
$117,745
Arrearages, on interest
1,389
Cash in office, $379.78; in
6,822
bank, $6,443.05
Advances, ledger accounts___
76

Total assets

16
71
83
22

$126,033 92

Receipts for Fiscal Year.

Balance from last report____
Guarantee stock
Installment shares, dues____
Paid-up and prepaid shares,
dues
Investment certificates
Interest
_
Loans repaid
Overdrafts and bills payableAll other receipts

Total receipts

Guarantee stock, capital____
Installment shares, dues____
Installment shares, profits___
Paid-up and prepaid shares,
capital
Paid-up and prepaid shares,
dividends
Investment certificates, principal
Reserve and undivided profits
Loans due and incomplete___
All other liabilities
Total liabilities

23,900 00
66 98
16,836 04
9.463 43
1,348 89
29
$126,033 92

Disbursements for Fiscal Year.

$1,300 43 Overdrafts and bills payable- $15,000 00
9,000 00 Loans on mortgages and
27,260 03
shares
17,046 24
Interest paid
524 95
2.475 00 Dues
repaid,
installment
18,340 59
shares
35,798 83
10,192 66 Profits repaid, installment
21,336 97
5,536 07
4,000 00 Paid-up and prepaid shares,
capital
80 50
7,300 00
Paid-up and prepaid shares,
dividends
1,457 09
Investment certificates, prin­
cipal
1,505 30
Investment certificates, dividends
13 95
Salaries
1,568 00
Taxes
188 31
Other expenses
1,117 79
All other disbursements____
106 82
Balance, cash in office and
bank
6,822 83
$93,986 18

Total disbursements___

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 7 per cent.
Book value, dues plus dividend. .
Withdrawal value, full book value.




$9,000 00
39,159 29
26,259 00

$93,986 18

R E P O R T O N B U IL D IN G

No. 35.

A N D L O A N A S S O C IA T IO N S .

PASO R O B L E S .

PASO ROBLES MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated September 2, 1905.)
F. G.

Secretary.
A.
Fiscal year ended September 30, 1914.
No. o f series, 13.
No. of members and investors, 64.
W etzel,

Assets.

Loans on mortgages, $3,000;
on definite contract. $21,785.98; on shares, $5,475_
Arrearages, on shares
Cash in bank
Furniture and fixtures

Total assets

Total receipts__________

President.

No. of shares, 284.

Liabilities.

$30,200
118
2,449
156

98
60
42
55

$32,985 55

Installment shares, dues____ $17,521 20
Installment shares, profits__
5,045 30
Paid-up and prepaid shares,
capital
1,500 00
Investment certificates, principal
6,850 00
Advance payments
217 95
Reserve and undivided profits
1,851 10
Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Investment certificates
Interest
Fines
Fees
Loans repaid

M o n t e it ii,

$32,985 55

Disbursements for Fiscal Year.

$712
3.341
600
2,702
11
1
2,855

74
65
00
25
25
60
74

$10,225 23

Loans on mortgages and
shares
Interest paid
Dues
repaid,
installment
shares
Profits repaid, installment
shares
Paid-up and prepaid shares,
capital
Paid-up and prepaid shares.
dividends
Investment certificates, prin­
cipal
Investment certificates, dividends
Salaries
Taxes
Other expenses
All other disbursements____
Balance, cash in office and
bank
Total disbursements___

$3,456 00
2 27
647 00
191 56
100 00
87 80
2,325 00
483
380
44
55
2

00
80
53
35
50

2,449 42
$10,225 23

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

1
3
6

8
10
14
16
17
18




Age in
months.

108
93
81
72
63
45
36
24
12

Total dues
per share.

Book value
per share.

$108
93
81
72
63
45
36
24
12

$149
123
103
89
76
50
39
25
12

00
00
O
O
00
00
00
00
00
00

85
57
81
62
00
38
50
43
36

Withdrawal
value.

$147
120
100
86
73
49
38
25
12

75
51
39
97
40
03
62
07
27

56

R E P O R T O N B U IL D IN G

No. 36.

A N D L O A N A S S O C IA T IO N S .

PETALUM A.

PETALUMA MUTUAL LOAN ASSOCIATION.
(Incorporated September 27, 1889.)
F. A.

Secretary.
F r a n k H.
Fiscal year ended September 30, 1914.
No. of series, 12.
No. of members and investors, 93.
Crom w ell,

Assets.

D enm an,

President.

No. of shares, 838.

Liabilities.

Loans on mortgages, $40,570;
on shares, $610.00_________ $41,180
Arrearages— ■
On shares______
$93 00
105 50
On interest_____
On fines_________
9 45
207
Cash in office, $8.00; in bank,
4,782
$4,774.40 _________________
2,370
Real estate owned___________
30
Furniture and fixtures______
160
Advances, ledger accounts___
Total a ssets___________

Installment shares, dues____ $40,218 00
00 Installment shares, profits___
7,599 37
24 25
Advance payments__________
Reserve and undivided profits
748 61
Loans due and incomplete___
141 09
95
40
97
00
00

$48,731 32

Total liabilities_________

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
In terest_____________________
F e e s ________________________
Loans repaid____ ___________
Overdrafts and bills payableAll other receipts, rents_____

$4,205
10,424
2,935
68
6,600
2,000
60

Total receipts

$48,731 32

Disbursements for Fiscal Year.

97
50
90
95
00
00
00

Overdrafts and bills payableLoans on mortgages and
shares ____________________
Interest p aid________________
Dues
repaid,
installment
shares ____________________
Profits repaid, installment
shares -----------------------------Salaries_____________________
Other expenses_____ :________
All other disbursements, real
estate_____________________
Balance, cash in office and
bank______________________

$2,000 00

Total disbursements___

$26,295 32

$26,295 32

10,263 91
80 00
6,447 00
759 25
420 00
201 74
1,341 02
4,782 40

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

Serial
No.

17 •
18
19
20
21
_
22
23
24
25
26




_

-

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$158
139
120
102
85
68
53
39
25
12

00
00
00
00
00
00
00
00
00
00

96
16
32
34
13
89
56
09
35
33

Withdrawal
value.

$158
139
119
101
84
68
52
38
25
12

96
16
71
42
14
00
72
47
01
23

R E P O R T O N B U IL D IN G

No. 37.

A N D L O A N A S S O C IA T IO N S .

57

PLEASANTO N.

PLEASANTON MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated March 1, 1891.)
T. 11.

S il v e r ,

C.

Secretary.
Fiscal year ended March 31, 1915.
No. of members and investors, 55.

No. of series, 24.
Assets.

Loans on mortgages
Cash in bank

President.

No. of shares, 341.

Liabilities.

_ $25,400 00
363 12

Total assets

$25,763 12

$1,617
4,751
2,075
11
7,850

Installment shares, dues____ $19,242 00
4,759 75
Installment shares, profits___
Reserve and undivided profits
1,761 37
Total liabilities

$25,768 12

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Fees
Loans repaid

Total receipts

Leth am ,

77 Loans on mortgages and
00
shares _
70 Dues
repaid,
installment
50
shares
_
00 Profits repaid, installment
shares _
_
Salaries _
_
Taxes
_
Other expenses
Balance, cash in office and
bank
_
_

$16,305 97

$1,550 00
10,595 00
3,597
150
26
24

55
00
00
30

363 12

Total disbursements___$16,305 97

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

20_
22 _ _ .
24__
26__
28__.
30—
32—
34—
36—
38— :




Age in
months.

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$166 55
144 75
124 50

00
00
00
00
00
00
00
00
00
00

87
70
54
39
25
12

55
80
75
75
75
50

58

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 38.

POM ONA.

HOME-BUILDERS LOAN ASSOCIATION.
(Incorporated March 16, 1908.)
C.

B.

G reaser,

Secretary.

No. o f series, none.

J. W .

Fiscal year ended March 31, 1915.)
No. of members and investors, 654.

Assets.

F ulton,

President.

No. of shares, 3,019.

Liabilities.

Loans on definite contract,
$378,128.99;
on shares,
$1,669.65;
on
contract
sales, $1,858.30 ___________ $381,656 94
Cash in office, $1,841.92 ; in
bank, $16,641.48 _________
18,483 40
Real estate owned, office
building___________________
15.100 00
Furniture and fixtures_______
971 27
573 11
Advances, ledger accounts___
Total a ssets___________ $416,784 72

Receipts for Fisca* Year.

Guarantee stock, capital____ $100,000
Guarantee stock, surplus and
dividends unpaid_________
11,284
41,929
Installment shares, dues____
Installment shares, profits___
11,641
Investment certificates, prin­
cipal ___________________
234,323
Investment certificates, divi­
dends _____________________
3,484
Loans due and incomplete___
13,740
Sundry ledger accounts-____
379

00
67
50
72
84
98
10
91

Total liabilities________$416,784 72

Disbursements for Fiscal Year.

Balance from last report____ $17,421 08 Overdrafts and bills payable- $25,000 00
Guarantee stock
2,600 00 Loans on mortgages and
Installment shares, dues____
12,095 50
shares
107,330 66
Investment certificates
126,315 09 Interest paid
303 82
Interest
37,062 97 Dividends on guarantee stock 10,734 11
Premiums
2,171 50 Dues
repaid,
installment
Fines
373 70
shares
3,796 50
Loans repaid
59.469 27 Profits repaid, installment
Overdrafts and bills payable15,000 00
shares
449 91
Advances repaid, personal acInvestment certificates, princounts
990 31
cipal
86,486 57
All other receipts
1.760 95 Investment certificates, dividends
12,510 51
Advances, personal accounts2.765 91
Salaries
4,208 00
752 92
Taxes
Other expenses
2,038 66
All other disbursements
399 40
Balance, cash in office and
bank
18,483 40
Total receipts

$275,260 37

Total disbursements___ $275,260 37

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.50 per share per month.
Dividend, last fiscal year, 10 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value




R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 39.

59

POMONA.

MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated December 24, 1892.)
W . D.

F r e d e r ic k ,

Secretary.

M el. Cam pbell,

Fiscal year ended December 31, 1914.
No. of members and investors, 1,037.

No. of series, 21.

No. of shares, 13,276.

Liabilities.

Assets.

Loans on mortgages, $619,458.72; on shares, $9,074.75 ____________________ $628,533 47
Arrearages—
On sh ares___ $2,639
50
On interest__
2,889 50
On premium_
45 85
269 20
On fin e s _____
-----------------5,844 05
Cash in office, $2,414.06; in
bank, $8,657.31 __________
11,071 37
Real estate owned, office
building __________________
24,500 00
2,000 00
Furniture andfixtures_______
Total assets

President.

Installment shares, dues____ $177,897
37,895
Installment shares, profits__
Paid-up and prepaid shares,
capital ____________________ 430,200
Paid-up and prepaid shares
dividends_________________
10,638
Advance payments__________
4,095
Reserve and undivided profits
11,137
85
Sundry ledger accounts_____

$671,948 89

Total liabilities

Receipts for Fiscal Year.

00
05
30
63
00

$671,948 89

Disbursements for Fiscal Year.

Balance from last report____
$7,136 52 Loans on mortgages and
Installment shares, dues____
55,111 00
shares ____________________ $169,733
Paid-up and prepaid shares,
Discount p a id _______________
17
dues ______________________ 211,600 00 Dues
repaid,
installment
In terest_____________________
43,039 02
shares______________________
43,691
Premiums ______
599 55 Profits repaid, installment
Fines _______________________
425 73
shares______________________
13,888
216 10 Paid-up and prepaid shares,
Fees ________________________
Loans repaid________________ 100,141 63
capital __________
152,600
All other receipts, rents, etc._
4,353 35 Paid-up and prepaid shares,
dividends _________________
23,819
S a la ries_____________________
3,782
T a x e s __________
1,712
Other expenses______________
2,060
All other disbursements______
246
Balance, cash in office and
b a n k _______________________
11,071
Total receipts

00
91

52
60
00
40
00
54
00
05
96
46
37

Total disbursements___ $422,622 90

$422,622 90

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

25
27
29
31
33
35
37
39
41
43




Age in
months.

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

$60
54
48
42
36
30
24
18
12
6

00
00
00
00
00
00
00
00
00
00

Book value
per share.

$86
74
63
53
44
35
27
20
12
6

47
64
93
90
56
85
67
02
88
22

Withdrawal
value.

$86
72
61
51
43
34
27
19
12
6

47
64
93
87
11
84
04
67
73
18

60

R E P O R T O N B U IL D IN G

No. 40.

A N D L O A N A S S O C IA T IO N S .

P O R T E R V IL L E .

PORTERVILLE MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated September 29, 1905.)
C.

O.

P bem o,

Secretary.

No. of series, none.

H.

Fiscal year ended October 31, 1914.
No. of members and investors, 139.

Assets.

C.

Cakr,

President.

No. of shares, 2,474.

Liabilities.

Loans on mortgages, $78,915 ;
Installment shares, dues____ $53,394 64
on shares, $1,600 _________ $80,515 00 Installment shares, profits___
22,410 27
827 65 Overdrafts and bills payableArrearages on interest______
4,000 00
Cash in office, $1,109.38; in
Reserve and undivided profits
1,577 60
bank, $30.48_______________
1,139 86 Loans due and incomplete___
1,100 00
Total assets____________

$82,482 51

Receipts lor Fiscal Year.

Balance from last report____
Installment shares, dues_____
In terest_____________________
Fees ________________________
Loans repaid________________
Overdrafts and bills payable-

Total receipts__________

Total liabilities_________

Disbursements for Fiscal Year.

$531
8,660
6,983
7
3,200
4,950

38
60
13
55
00
00

$24,332 66

Overdrafts and bills payableLoans on mortgages and
shares ____________
Interest p a id ________________
Dues
repaid,
installment
shares ____________________
Profits repaid, installment
shares ____________________
Salaries _____________________
T a x e s _______________________
Other expenses______________
Balance, cash in office and
bank _____________________
Total disbursements____

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, S.4 per cent.
Book value, dues plus dividend.
Withdrawal value, full book value.




$82,482 51

$950 00
9,115 00
177 11
9,277 46
2,694
390
385
203

39
00
39
45

1,139 86
$24,332 66

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 41.

61

REDLANDS.

HOME INVESTMENT ASSOCIATION.
(Incorporated March 22, 1890.)
J. W arren S m it h , Secretary.
No. of series, none.

W . T. B il l , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 546.

Assets.

No. of shares, 3,368.

Liabilities.

Loans on mortgages, $5,000;
on definite contract, $489,011; on shares, $1,700; on
bonds, etc., $11,592.89____ $507,303
Cash in office, $997.08; in
bank, $5,972.99___________
6,970
Real estate owned___________
3,239
Furniture and fixtures______
1,342
Advances, ledger accounts___
1,108

89
07
36
05
54

Total assets____________ $519,963 91

Receipts for Fiscal Year.

Guarantee stock, capital____ $100,000
25,188
Installment shares, dues____
Installment shares, profits___
5,857
Paid-up and prepaid shares,
capital ___________________ 131,386
Paid-up and prepaid shares,
dividends_________________
4,107
Investment certificates, prin­
cipal ______________________ 221,815
Investment certificates, divi­
dends _____________________
5,822
Reserve and undivided profits
25,765
Loans due and incomplete___
21

00
46
01
00
50
51
38
53
52

Total liabilities_________ $519,963 91

Disbursements for Fiscal Year.

Balance from last report____
$7,221 16 Loans on mortgages and
shares______________________$133,232 62
Installment shares, dues____
7,990 00
Dividends on guarantee stock
10,000 00
Paid-up and prepaid shares,
repaid,
installment
dues ______________________
10,600 00 Dues
shares ____________________
Investment certificates_____ 210,707 22
6,707 00
Interest _____________________
41,540 68 Profits repaid, installment
shares ____________________
758 49
F i n e s ----------------------------------391 05
Fees ------------------------------------1,135 66 Paid-up and prepaid shares,
Loans rep a id _______________
93,291 35
capital ____________________
3,800 00
Advances repaid, personal ac­
Paid-up and prepaid shares,
counts ____________________
562 55
dividends_________________
8,442 18
All other receipts___________
278 15 Investment certificates, prin­
cipal ______________________ 183,459 23
Investment certificates, divi­
dends -------------------------------11,739 54
Advances, personalaccounts
1,051 50
S a la ries_____________________
3,170 00
T a x e s _______________________
633 62
Other expenses______________
3,423 95
All other disbursements-------330 23
Balance, cash in office and
b a n k ______________________
6,970 07
Total receipts

$373,718 43

Total disbursements------ $373,718 43

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




R E P O R T O N B U IL D IN G

62

No. 42.

A N D L O A N A S S O C IA T IO N S .

R E D W O O D C IT Y .

SAN MATEO COUNTY BUILDING AND LOAN ASSOCIATION.
(Incorporated May 8, 1890.)
H. W .

S c iia b e b g ,

Secretary.

P.

P.

C h a m b e r l in ,

Fiscal year ended May 31, 1915.
No. of members and investors, 575.

No, o f series, 42.
Assets.

Installment shares, dues____ $220,386 70
Installment shares, profits___
74,701 31
Investment certificates, principal
56,800 00
99 Advance payments
297 55
Reserve and undivided profits
10,898 96
Loans due and incomplete___
8,262 50
88
20
62
O
O
98
35

$371,347 02

Total liabilities

Total receipts

$371,347 02

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Investment certificates
Interest
Fines
Fees
Loans repaid
Advances repaid, personal accounts
All other receipts, real estate, etc.

No. of shares, 3,844.

Liabilities.

Loans on mortgages, $1,200;
on definite contract, $319,445.79 ; on shares, $18,360;
on contract sales, $1,787.20
$340,792
Arrearages—
On shares
$314 70
On interest
6,277 18
6,591
Cash in office, $349.88; in
bank, $2,383.32
2,733
Real estate owned
18.451
Furniture and fixtures
935
1,691
Advances, ledger accounts___
Other assets
150
Total assets

President.

$111
41,686
13,300
27,853
238
123
80,204

15
50
00
37
86
30
73

Overdrafts and bills payableLoans on mortgages and
shares
Interest paid
Dues
repaid,
installment
shares
Profits repaid, installment
shares
2,127 02 Investment certificates, principal
3,984 52 Investment certificates, dividends
Advances, personal accounts
Salaries
Taxes
Other expenses
All other disbursements, real
estate, etc.
Balance, cash in office and
bank

$4,271 62
79,113 26
64
40,628 70
19,522 34
8,300 00
2,712
1,899
2,985
808
753

75
70
50
74
07

5,899 93
2,733 20

Total disbursements 1— $169,629 45

$169,629 45

Installment Shares, W ith Age, Value, and Withdrawal Value.
No.

51
55
59
63
67
71
75
79
83
87




Age in
months.

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Boob value
per share.

$120
108
96
84
72
60
48
36
24
12

$181
156
133
111
91
73
56
40
25
12

00
00
00
00
00
00
00
00
00
00

52
31
60
47
54
14
14
37
73
36

Withdrawal
value.

$173
149
128
108
89
71
55
39
25
12

03
91
32
17
34
78
37
46
52
26

R E P O R T O N B U IL D IN G

No. 43.

63

A N D L O A N A S S O C IA T IO N S .

R IV E R S ID E .

RIVERSIDE COUNTY MUTUAL BUILDING AND LOAN
ASSOCIATION.
(Incorporated April 5, 1901.)
M. S. B o w m a n , Secretary.
No. of series, none.

W . B. C l a n c y , President.

Fiscal year ended April 30, 1915.
No. of members and investors, 193.

No. of shares, 2,784.

Assets.

Liabilities.

Loans on mortgages
$143,350 00
4,490 60
Cash in bank
2,540 14
Real estate owned
Advances, ledger accounts___
131 34

Installment shares, dues____ $36,323 95
Installment shares, profits___
9,904 65
Paid-up and prepaid shares,
capital
99,200 00
Reserve and undivided profits
4,779 33
Loans due and incomplete___
304 15

Total assets

$150,512 08

Receipts for Fiscal Year.

Total liabilities

$150,512 08

Disbursements for Fiscal Year.

Balance from last report____ $14,935 28 Loans on mortgages and
18,738 58
Installment shares, dues____
shares
$22,045 85
Paid-up and prepaid shares,
Dues
repaid,
installment
7,500 00
dues
15,936 77
shares
12,124 56 Profits repaid, installment
Interest
14,950 00
Loans repaid
1,778 27
shares
Paid-up and prepaid shares,
8,300 00
capital
Paid-up and prepaid shares,
10,902 63
dividends
240 22
Advances, personal accounts1,683 00
Salaries
223 56
Taxes
107 38
Other expenses
All other disbursements, real
2,540 14
estate
Balance, cash in office and
4,490 60
bank
Total receipts

$68,248 42

Total disbursements----- $68,248 42

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




64

R E P O R T O N B U IL D IN G A N D L O A N A S S O C IA T IO N S .

No. 44.

SACRAM ENTO.

SACRAMENTO BUILDING AND LOAN ASSOCIATION.
(Incorporated August 24, 1874.)
F r a n k H ic k m a n , Secretary.
No. o f series, none.

J os.

Fiscal year ended February 28, 1915.
No. of members and investors, 323.

Assets.

No. of shares, 4,725.

Liabilities.

Loans on mortgages, $314,44 0; on shares, $3,020_____ $317,400 00
Arrearages on interest_______
525 60
24,192 40
Cash in bank________________
Furniture and fixtures_______
315 50
Advances, ledger accounts___
181 55

Total a ssets___________ $342,675 05

Installment shares, dues____ $145,164
33,317
Installment shares, profits___
Paid-up and prepaid shares,
cap ita l____________________ 125,370
Paid-up and prepaid shares,
dividends_________________
3,772
52
Advance payments__________
Reserve and undivided profits 34,997

95
70
08

Total liabilities________$342,675 05

Total disbursements-----$162,873 84

Installment Shares, W ith Age, Value, and Withdrawal Value.




00

54 Loans on mortgages and
00
shares ____________________ $69,400 00
Dues
repaid,
installment
00
shares ____________________
36,333 65
30 Profits repaid, installment
00
shares ____________________
2,369 29
Paid-up and prepaid shares,
00
cap ita l____________________
20,530 00
00 Paid-up and prepaid shares,
dividends_________________
6,304 32
Advances, personal accounts235 55
Salaries_____________________
1,767 00
T a x e s_______________________
804 85
Other expenses______________
936 78
Balance, cash in office and
bank _____________________
24,192 40

$162,873 84

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, full book value.

35
97

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____ $19,678
43,709
Installment shares, dues___
Paid-up and prepaid shares,
d u e s ______________________
32,600
In terest_____________________
21,055
Loans repaid_______________
45,735
Advances repaid, personal ac­
counts ____________________
54
All other receipts___________
42

Total receipts

H . A rnold , President.

R E P O R T O N B U IL D IN G

No. 45.

65

A N D L O A N A S S O C IA T IO N S .

S A N B E R N A R D IN O .

SANTA FE BUILDING AND LOAN ASSOCIATION.
(Incorporated January 8, 1890.)
J ohn F lagg , Secretary.

J. F. P akker , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 1,103.

No. of series, 12.

Liabilities.

Assets.

Loans on mortgages, $968,286.25; on shares, $26,130.00; on contract sales,
$998,769
$4,352.88
Arrearages—On shares-----$3,325 00
3,558 30
On interest__
On fines
86 25
6,969
Cash in bank
2,575
12,640
Real estate owned
Furniture and fixtures
500
Total assets

13

55
26
23
00

Installment shares, dues___ $569,223 00
Installment shares, profits__
181,190 75
Paid-up and prepaid shares,
capital
96,700 00
Investment certificates, principal
152,800 00
Investment certificates, divi­
dends
1,360 00
Overdrafts and bills payable,
gold notes
625 00
Reserve and undivided profits
14,069 57
Loans due and incomplete__
5,485 85

$1,021,454 17

Total liabilities

Receipts for Fiscal Year.

Balance from last report___
Installment shares, dues___
Paid-up and prepaid shares,
dues
Investment certificates____
Interest
Fines and fees
Loans repaid
All other receipts, real estate, etc.

Total receipts

No. of shares, 12,804.

$1,021,454 17

Disbursements for Fiscal Year.

$7,167 70 Loans on mortgages and
144,413 00
shares
$235,733 55
Interest paid
110 95
24,300 00 Dues
repaid,
installment
27,075 00
shares
78,961 00
80,168 35 Profits repaid, installment
506 55
shares
34,199 05
173,493 00 Paid-up and prepaid shares,
capital
49,400 00
2,926 40 Paid-up and prepaid shares,
dividends
5,280 65
Investment certificates, prin­
cipal
35,314 00
Investment certificates, dividends
8,824 SO
Salaries
3,188 00
932 25
Taxes
Other expenses
982 29
All other disbursements, real
estate, etc.
4,548 20
Balance, cash in office and
bank
2,575 26
$460,050 00

Total disbursements__

$460,050 00

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

23
25
27
29
31
33
35
37
39
41

Total dues
per share.

Book value
per share.

120

Serial
No.

$120 00

$193
165
139
116
95
75
57
41
26

108
96
84
72
60
48
36
24

12
5— 19098




108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
00
12 00

23
41
94
61
25
69
78
37
35
12 60

Withdrawal
value.

$192
165
137
113
90
70
53
38
25
12

23
41
75
35
60
95
85
60
15
30

66

R E P O R T O N B U IL D IN G

No. 46.

A N D L O A N A S S O C IA T IO N S .

S A N D IE G O .

SAN DIEGO BUILDING AND LOAN ASSOCIATION.
(Incorporated July 14, 1885.)
J. II.

B eardsley,

Secretary

W . R.

Fiscal year ended June 30, 1915.
No. of members and investors, 457.

No. of series, 22.

R og ers,

President.

No. of shares, 3,114.

Assets.

Liabilities.

Loans on mortgages, $291,930; on shares, $0,100____ $298,050 00
Arrearages—
On shares __ ____ $078 00
On interest_____
704 70
-------------- ■
1,377 70
Cash in bank________________
0,664 64
Real estate owned___________
1,614 86
375 00
Furniture and fixtures______
Advances, ledger accounts___
23 00

Installment shares, dues____ $157,356 00
39,080 58
Installment shares, profits___
Investment certificates, prin­
cipal ---------------------------------90,400 00
Investment certificates, divi­
dends _____________________
2,903 72
Advance payments__________
664 90
Overdrafts and bills payable8,000 00
Reserve and undivided profits
9,000 00
All other liabilities, tax re­
serve ---------------------------------700 00

Total a ssets___________ $308,105 20

Total liabilities________$308,105 20

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Investment certificates_____
In terest_____________________

Fines ------------------------------F e e s ________________________
Loans repaid ._______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________
All other receipts, rents, etc._

Disbursements for Fiscal Year.

$6,086
38.811
32,200
21,5S9

76 Overdrafts and bills payable00 Loans on mortgages and
00
shares ____________________
35 Interest p a i d _______________

108 75 Dues

repaid,

64,480 00
737 55

installment

63 40
shares ____________________
68,230 00 Profits repaid, installment
2,500 00
shares ____________________
Investment certificates, prin­
5 00
cipal ______________________
630 82 Investment certificates, divi­
dends _____________________
Salaries_____________________
T a x e s_______________________
Other expenses_____________
All other disbursements_____
Balance, cash in office and
b a n k ______________________

Total receipts__________ $170,205 08

$6,500 00

41,017 00
11,807 55
29,100 00
6,189
1,800
1,431
386
91

50
00
04
35
45

6,664 64

Total disbursements___$170,205 08

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

23
25
27
29
31
33
35
37
39
41




Age in
months.

Total dues
per share.

Book value
per share.

120

$120 00

$169
147
126
106
SS
71
54
39
25
12

108
96
S4
72
60
48
36
24

12

108
96
84
72
60
48
36
24

00
00
00
00
O
O
O
O
00
00.
12 00

55
25
41
75
30
00
82
70
57
37

Withdrawal
value.

$149
132
115
98
82
67
52
38
25

79
11
04
56
68
40
72
64
16
12 28

R E P O R T O N B U IL D IN G

No. 47.

67

A N D L O A N A S S O C IA T IO N S .

S A N D IE G O .

SILVER GATE BUILDING AND LOAN ASSOCIATION.
(Incorporated May 22, 1890.)
H. A. C rogiian , Secretary.

M. A. G r a h a m , President.

Fiscal year ended May 31, 1915.
No. of members and investors, 275.

No. o f series, 22.
Assets.

Liabilities.

Loans on mortgages, $217,200; on shares, $34,405— $251,605 00
Arrearages—•
On shares______ $380 00
On interest_____
211 45
---------- —
591 45
Cash in office, $938.56; in
bank, $14,037.10 _________
14,975 66
Total assets

No. o f shares, 3,207.

Installment shares, dues____ $190,452
53,602
Installment shares, profits___
Investment certificates, prin­
cipal ______________________
21,550
Reserve and undivided profits
1,167
Loans due and incomplete___
400

$267,172 11

Total liabilities

Receipts for Fiscal Year.

00
35
00
76
00

$207,172 11

Disbursements for Fiscal Year.

Balance from last report____ $20,110 10 Overdrafts and bills payable39,284 00 Loans on mortgages and
Installment shares, dues____
Investment certificates_____
400 00
shares ____________________
In terest------------------------------ _
18,565 20 Interest p a i d _______________
54 50 Dues
Prem ium s_________________
repaid,
installment
Fees ------------------------------------51 00
shares ____________________
37,192 90 Profits repaid, installment
Loans repaid_______________
Overdrafts and bills payable5,000 00
shares ____________________
Investment certificates, prin­
cipal ______________________
Salaries_____________________
T a x e s_______________________
Other expenses_____________
Balance, cash in office and
bank _____________________
Total receipts _________ $120,657 70

$5,000 00
56,435 50
1,426 05
29,044 00
8,902 38
1,500
913
2,353
107

00
33
00
78

14,975 66

Total disbursements___ $120,657 70

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

Age in
months.

21

Total dues
per share.

Book value
per share.

120

$120 00

23
25
27
29
31
33
35
37
39

108
96
84
72
60
48
36
24

$169
146
125
106
87
70
54
39
25
12




12

108
96
84
72
60
48
36
24

00
00
00
00
00
O
O
00
00
12 00

50
77
72
14
62
77
73
69
62
42

Withdrawal
value.

$150
134
115
98
82
67
52
38
25
12

00
55
20
70
80
50
80
70
20
30

68

R E P O R T O N B U IL D IN G

No. 48.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

ARGONAUT MUTUAL BUILDING AND LOAN ASSOCIATION.
(■Incorporated January 21, 1891.)
E m il G u ^ zbubgee , Secretary.

B. M. G unzburger , President.

Fiscal year ended February 8, 1915.
No. of members and investors, 67.

No. of series, 9.
Assets.

No. of shares, 343.

Liabilities.

Loans on mortgages, $41,650 ;
Installment shares, dues____ $17,580 00
on shares, $2,000__________ $43,650 00 Installment shares, profits___
5,110 46
Arrearages—
65 30
Advance payments__________
On sh ares____ $1,554 00
Overdrafts and bills payable14,500 00
Reserve and undivided profits
12,183 99
On interest____
1,575 70
659 55
Sundry ledger accounts_____
242 38
On premium___
_________________
Q 7QQ OP, All other liabilities, suspense
2,500 00
Cash in bank________________
561 24
2,732 85
Real estate owned___________
Advances, ledger accounts___
1,448 79
Total a s s e ts___________

$52,182 13

Total liabilities_________

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
In terest_____________________
Premiums __________________
F e e s ____________
Loans repaid _______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________
All other receipts___________

Total receipts

$52,182 13

Disbursements for Fiscal Year.

$1,248
3,820
2,755
1,093
5
4,900
2,000

53
00
88
70
70
00
00

Overdrafts and billspayable$6,505 00
Loans on mortgages and
shares -----------------------------4,800 00
Interest paid _______________
1,003 85
Dues
repaid,
installment

shares _________________

Profit
repaid,
installment
shares ____________________
430 20 Advances, personalaccounts138 40 Salaries_____________________
T a x e s _______________________
Other expenses______________
All other disbursements_____
Balance, cash in office and
b a n k ______________________

$16,392 41

Total disbursements____

997 00
53
317
1,335
526
149
142

66
62
00
84
68
52

561 24
$16,392 41

Installment Shares, W ith Age, Value, and Withdrawal Value.
No.

15
16
17
19
20
21

22
23
24




Age in
months.

Total dues
per share.

Book value
per share.

120
10S

$120 00

$183
158
134
92
73
56
40
26
12

96
72
60
48
36
24

12

108
96
72
60
48
36
24

00
00
00
00
00
00
00
12 00

72
33
73
63
91
62
70
04
52

Withdrawal
value.

$167
143
121
83

66
52
38
25

12

79
23
17
34
95
31
35
02
26

R E P O R T O N B U IL D IN G

No. 49.

69

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

BAY CITY BUILDING AND LOAN ASSOCIATION.
(Incorporated May 9, 1889.)
B.

G unzburger,

Secretary.

H.

Fiscal year ended May 24, 1915.
No. of members and investors, 62.

No. of series, 10.
Assets.

counts _________________
All other receipts, real estate,
etc. _______________________

Total receipts__________

No. of shares, 359.

Installment shares, dues____
Installment shares, profits__
22 Advance payments _________
Overdrafts and bills payableReserve and undivided profits
Sundry ledger accounts_____
All other liabilities__________

$17,796
5,315
95
23,330
20,468
75
261

00
30
75
00
10
60
63

47
53
56

$67,342 38

Total liabilities

Receipts for Fiscal Year.

Balance from lastreport_____
Installment shares, dues____
Interest _____________________
Premiums __________________
Fees ________________________
Loans repaid________________
Advances repaid, personal ac­

President.

Liabilities.

Loans on mortgages, $52,550 ;
on shares, $750; on con­
tract sales, $5,929.22_____ $59,229
Arrearages— ■
On shares_____ $1,186 00
On interest___
1,077 30
On premium_
478 30
------------------ 2,741 60
Cash in bank________________
75
Real estate owned___________
3,395
Advances, ledger accounts___
1,900
Total assets

L evy,

$67,342 38

Disbursements for Fiscal Year.

$1,234
4,698
3,509
1,506
3
3,033

23
00
60
90
90
96

550 15

Overdrafts and bills payableLoans on mortgages and
shares ____________________
Interest p aid________________
Dues
repaid,
installment
shares ____________________
Profits repaid, installment

shares _________________

Advances, personal accounts932 44 Salaries_____________________
T a x e s _______________________
Other expenses______________
All other disbursements, real
e sta te _____ _______________
Balance, cash in office and
b a n k ______________________
$15,469 18

Total disbursements____

$2,000 00
4,500 00
714 61
3,281 00

1,479 96
1,027
1,282
666
139

35
50
62
87

301 80
75 47
$15,469 18

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

17
18
19

20
21
22
23
24
25
26




Age in
months.

Total dues
per share.

Book value
per share.

120

$120 00

$189
163
138
115
94
75
57
41
26
12

108
96
84
72
60
48
36
24

12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
00
12 00

72
16
47
67
67
30
54
24
29
58

Withdrawal
value.

$172
146
123
103
84
67
52
38
25
12

29
61
61
00
46
65
77
62
14
29

70

R E P O R T O N B U IL D IN G

No. 50.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

BAY VIEW BUILDING AND LOAN ASSOCIATION.
(Incorporated November 18, 1911.)
H. E. R a h l m a n n , Secretary.
No. of series, none.

J am es A l l e n , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 39.

Assets.

No. of shares, 397.

Liabilities.

Loans, on definite contract__ $10,156 92 Installment shares, dues____
Arrearages, on interest
94 73 Installment shares, profits__
Cash in office, $58.10; in
Paid-up and prepaid shares,
bank, $49.11
107 21
capital
Real estate owned
339 38 Paid-up and prepaid shares,
Other assets
40 00
dividends
Investment certificates, prin­
cipal
Investment certificates, dividends
Reserve and undivided profits
Total assets

_

$10,738 24

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
dues

Investment certificates
Interest
Fees
Loans repaid
Advances repaid, personal accounts
All other receipts

Total receipts

Total liabilities

2,250 00
132 29
500 00
10 85
97 78
$10,738 24

Disbursements for Fiscal Year.

$369 27 Loans on mortgages and
shares
5,105 93
Interest paid
repaid,
in stallm ent
550 00 D ues
shares
425 00
717 88 Profits repaid, installment
shares
54 80
3,456 35 Investment certificates, principal
190 10 Advances, personal accounts4 00 Taxes
Other expenses
All other disbursements____
Balance, cash in office and
bank
$10,873 33

Total disbursements------

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus profits, as per by-laws.




$7,104 00
643 32

$8,400 00
2 10
1,896 43
25 28
70
190
25
153
4

00
10
00
21
00

107 21
$10,873 33

R E P O R T O N B U IL D IN G

No. 51.

71

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

CALIFORNIA HOME BUILDING-LOAN COMPANY.
(Incorporated July 8, 1889.)
R. L. H a n d y , Secretary.
No. o f series, none.

P. B. R oberts , President.

Fiscal year ended June 30, 1915.
No. of members and investors, 500,

No. of shares, 1,827.

Assets.

Liabilities.

Loans on mortgages, $532,998.30; on shares, $25,567.00; on contract sales,
$34,650.63
$593,215 93
534 40
Arrearages on fines
Cash in office, $1,732.36; in
bank, $9,420.74
11,153 10
Real estate owned
21,426 85
Furniture and fixtures
1,800 00
6,674 21
Advances, ledger accounts___
896 09
Other assets

Guarantee stock, capital____ $37,500 00
Guarantee stock, surplus___
6,760 70
Installment shares, dues____
25,531 80
Installment shares, profits___
5,249 41
Paid-up and prepaid shares,
capital
51,850 00
Paid-up and prepaid shares,
8,794 98
dividends
Investment certificates, prin462,122 61
cipal
Investment certificates, divi12,002 30
dends
16,000 00
Overdrafts and bills payable2.896 09
Reserve and undivided profits
4,931 94
Loans due and incomplete
All other liabilities, expense
2,060 15
fund, etc.

Total assets

$635,700 58

Total liabilities

$035,700 58

Receipts for Fiscal Year.

Disbursements for Fiscal Year.

Balance from last report____ $12,311 37
Installment shares, dues____ • 6,091 30
Paid-up and prepaid shares,
dues
1,500 00
127,817 84
Investment certificates
Interest
54,030 7o
1,277 95
Premiums
259 75
Fines
160,425 17
Loans repaid
Overdrafts and bills payable36,000 00
Advances repaid, personal ac16,453 89
counts
All other receipts, real estate, etc.
20,759 21

Overdrafts and bills payable- $38,000 00
Loans on mortgages and
164,314 46
shares
9,872 66
Interest paid
3,750 00
Dividends on guarantee stock
Dues
repaid,
installment
5,558 00
shares
Profits repaid, installment
2,382 77
shares
Paid-up and prepaid shares.
2,910 00
dividends
Investment certificates, prin124,232 01
cipal
Investment certificates, divi15,893 30
dends
18,627 75
Advances, personal accounts9,590 00
Salaries
2,499 49
Taxes
3,181 60
Other expenses
All other disbursements, real
24,962 09
Balance, cash in office and
11,153 10
bank

Total receipts

$436,927 23

Total disbursements----- $436,927 23

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 60 cents per share per month.
Dividend, last fiscal year, 8 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus three-fourths of profit.




R E P O R T O N B U IL D IN G

72

No. 52.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

CALIFORNIA MUTUAL SAVINGS FUND LOAN AND BUILDING
ASSOCIATION.
(Incorporated March 26, 1887.)
Secretary.
R i c h a r d I. W i i e l a n , President.
Fiscal year ended March 31, 1915.
No. o f series, 18.
No. of members and investors, 90.
No. of shares, 1,034.
W m .

E.

B outon,

Assets.

Liabilities.

Loans on mortgages, $21,650 ;
on definite contract, $23,858.48; on shares, $2,125__ $47,633 48
Arrearages on shares________
25 00
Cash in office, $10.00; in
bank, $1,644.24 __________
1,654 24
5,214 36
Real estate owned___________
Advances, ledger accounts___
275 29
Other assets________________
30 00

Installment shares, dues____ $27,490 53
3,909 10
Installment shares, profits___
Advance paym ents_________
223 37
Overdrafts and bills payable13,000 00
Reserve and undivided profits
7,461 95
Loans due and incomplete___
2,600 00
All other liabilities, interest,
e t c .-----------------------------------147 42

Total a ssets___________

$54,832 37

Total liabilities________

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Fines
Fees
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts
All other receipts, rents

Total receipts

$54,832 37

Disbursements for Fiscal Year.

$895
10,516
4,035
241
36
13,396
8,750

85 Overdrafts and bills payable45 Loans on mortgages and
01
shares
43 Interest paid
60 Dues
repaid,
installment
33
shares
00 Profits repaid, installment
shares
121 35 Advances, personal accounts335 00 Salaries
Taxes
Other expenses
All other disbursements, real
estate
Balance, cash in office and
bank

$38,328 02

Total disbursements___

$8,350 00
13,475 00
708 50
6,019 58
1,385
103
1,095
199
138

10
56
00
42
26

5,199 36
1,654 24
$38,328 02

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

Age in
months.

Total dues
per share.

Book value
per share.

40—
42—
46—
49—
51—
55—
59-

102

$102 00

$138
107
71
55
39
25
12




84
60
48
36
24

12

84
60
48
36
24

00
00
00
00
00
12 00

Withdrawal
value.

11
84
Dues plus
56
profits as
11
per b y ­
72
laws.
52
39

R E P O R T O N B U IL D IN G

No. 53.

73

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

CITIZENS BUILDING AND LOAN ASSOCIATION.
(Incorporated January 14, 1885.)
F r e m o n t W ood,

Secretary.

T h o s.

M.

Fiscal year ended February 11, 1915.
No. of members and investors, 1,262.

No. o f series, 45.

G a r d in e r ,

President.

No. of shares, 7,971.

Assets.

Liabilities.

Loans on definite contract,
$489,577.41;
on shares,
$15,470.00;
on contract
sales, $9,732.79 __________ $514,780 20
Arrearages—■
On shares______ $905 30
On interest_____ 3,708 74
On fin e s ________ 1,432 15
-- ----------6,046 19
Cash in office, $1,000.00; in
bank, $ 2 ,1 1 0 .0 2 __________
3,110 02
Real estate owned__________
22,263 99
Furniture and fixtures______
400 00
Advances, ledger accounts—
1,218 26

Installment shares, dues____ $303,981 90
81,381 67
Installment shares, profits___
Advance payments__________
647 60
Overdrafts and bills payable- 119,464 16
Reserve and undivided profits
23,335 63
Loans due and incomplete___
18,405 95
601 75
All other liabilities__________

Total assets

$547,818 66

Total liabilities

Receipts for Fiscal Year.

$547,818 66

Disbursements for Fiscal Year.

Balance from last report____
$4,756 53 Overdrafts and bills payable- $109,182
Installment shares, dues____
67,239 40 Loans on mortgages and
shares ------------------------------ 157,802
Interest_____________________
37,276 26
607
F in e s _______________________
743 42 Interest p a id _______________
repaid,
installment
F e e s ________________________
626 05 Dues
Loans rep a id _______________ 131,639 15
shares ____________________
80,937
Overdrafts and bills payable- 149,209 30 Profits repaid, installment
Advances repaid, personal ac­
26,520
shares ____________________
counts ____________________
1,454 20 Advances, personal accounts1,697
All other receipts___________
2,632 65 Salaries_____________________
4,020
T a x e s_______________________
849
Other expenses_____________
2,186
All other disbursements_____
8,662
Balance, cash in office and
b an k______________________
3,110
Total receipts _________ $395,576 96

55
46
59
70
99
28
20
22
51
44
02

Total disbursements___ $395,576 96

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

Age in
months.

Total dues
per share.

Book value
per share.

80
84

120

$120 00

$166
144
124
105
87
70
55
40
25
12

88

92
96
100

104
1 0 8 ____

_________

112
116




_____
_
_

______
_

108
96
84
72
60
48
36
24

12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
00
12 00

78
90
43
38
34
96
12
07
87
50

Withdrawal
value.

$154 75
135 64
116 66
100 02
83 51
68 20
53 33
39 05
25 40
12 37

R E P O R T O N B U IL D IN G A N D L O A N A S S O C IA T IO N S .

74

No. 54.

S A N F R A N C IS C O .

EMPIRE BUILDING AND LOAN ASSOCIATION.
(Incorporated August 24, 1889.)
W . E. B outon , Secretary.

M aeion L eventeitt , President.

Fiscal year ended August 31, 1914.
No. of members and investors, 58.

No. of series, 20.
Assets.

Liabilities.

Loans on mortgages, $55,900;
on definite contract, $1,978.08 ; on shares, $550.00;
on contract sales, $1,974.79 $00,402
Arrearages—
On shares
$5 00
On interest_____
427 58
432
232
Cash in bank
Advances, ledger accounts___
71

Installment shares, dues____ $32,770 00
Installment shares, profits___
6,765 35
Advance payments
45 00
87 Overdrafts and bills payable15,800 00
Reserve and undivided profits
5,712 18
All other liabilities
47 50
58
78
80

$61,140 08

Total assets

Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues-----Interest
Fines
Fees
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts

$61,140 03

Disbursements for Fiscal Year.

$11 72 Overdrafts and bills payable- $20,777 91
6,101 30 Loans on mortgages and
4,505 33
5,350 00
shares
122 59 Interest paid
.1,188 35
5 70 Dues
repaid,
installment
6,321 92
4,180 00
shares
22,875 00 Profits repaid, installment
1,330 90
shares
106 52 Advances, personal accounts
5,117 41
1,035 00
Salaries
596 81
Taxes
240 92
Other expenses
Balance, cash in office and
232 78
bank
$40,050 08

Total receipts

No. of shares, 655.

Total disbursements-----

$40,050 08

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

16
1718
19

20
21

____

24
28
32
36




- _

_

Total dues
per share.

Book value
per share.

120

Serial
No.

$120 00

$164
144
124
106

108
96
84
72
60
48
36
24
15

108
96
84
72
60
48
36
24
15

00
00
00
00
00
00
00
00
00

88
71
55
40
25
15

80
31
72
03
21
29
25
11
85
74

Withdrawal
value.

Dues plus
profits as
per b ylaws.

R E P O R T O N B U IL D IN G

No. 55.

75

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

EUREKA BUILDING AND LOAN ASSOCIATION.
(Incorporated November 3, 1890.)
W . E. B outon , Secretary.

G eokge F kedericks , President.

Fiscal year ended October 31, 1914.
No. of members and investors, 48.

No. o f series, 12.
Assets.

Liabilities.

Loans on definite contract,
$35.327.51; on shares, $1,550:00
$36,877
Arrearages— •
On shares
$96 SO
On interest_____
751 35
SIS
Cash in bank
302
22
Advances, ledger accounts___
Total assets

Installment shares, dues____ $21,262 20
Installment shares, profits__
5,565 24
51 Advance payments
56 08
Overdrafts and bills payable8,500 00
Reserve and undivided profits
1,645 17
Loans due and incomplete___
942 50
15 All other liabilities
78 68

21
00

$38,019 87

Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Fines
Fees
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts

Total receipts

No. of shares, 573.

$38,049 S7

Disbursements for Fiscal Year.

$6,499 80
4,406 90
2,427 24

Overdrafts and bills payableLoans on mortgages and
shares
21 22 Interest paid
21 90 Dues
repaid,
installment
10,281 92
shares
9,200 00 Profits repaid, installment
shares
268 55 Advances, personal accountsSalaries
Taxes
Other expenses
All other disbursements
Balance, cash in office and
bank

$4,500 00

Total disbursements___

$33,127 53

$33,127 53

19,507 50
365 83
3,188 70
1,155
289
744
77
94
2,902

40

00
00
79
80
30

302 21

Installment Shares, W ith Age, Value, and Withdrawal Value.
No.

28
29
30
34
36
38
39
40
42




Age in
months.

Total dues
per share.

Book value
per share.

120

$120 00

$159
149
139
85
69
53
39
25
12

114
108
72
60
48
36
24

12

114
108
72
60
48
36
24

00
00
00
00
00
00
00
12 00

76
20
17
65
38
97
35
52
39

Withdrawal
value.

Dues plus
profits as
per b y ­
laws.

76

R E P O E T O N B U IL D IN G

No. 56.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

FRANKLIN MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated October 23, 1906.)
B. F edde, Secretary.
No. of series, none.

O tto F. E. B ubm eisteb , President.
Fiscal year ended December 31, 1914.
No. of members and investors, 244.

Assets.

Liabilities.

Loans on mortgages, $53,167.92; on definite con­
tract, $149,449.75 ________ $202,617
Arrearages on interest_______
1,057
Cash in office, $2,206.50; in
bank, $4,065.61 ___________
6,272
Furniture and fixtures______
300
47
Advances, ledger accounts___

Total assets

67
03
11
00
65

$210,294 46

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
d u e s ______________________
Interest_____________________
F e e s ________________________
Loans repaid_______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________

Total receipts

No. of shares, 3,147.

Installment shares, dues____ $107,112 48
Installment shares, profits___
15,974 51
Paid-up and prepaid shares,
c a p ita l-----------------------------29,100 00
Paid-up and prepaid shares,
dividends_________________
734 95
Advance payments__________
108 17
Overdrafts and bills payable51,000 00
Reserve and undivided profits
4,720 93
1,050 00
Loans due and incomplete___
All other liabilities, interest
on bills payable___________
493 42
Total liabilities

Disbursements for Fiscal Year.

$4,467 91
44,564 38
2,200
14,385
87
67.449
24,000

00
75
50
02
00

3,186 97

$160,341 53

Overdrafts and bills payable- $10,000 00
Loans on mortgages and
shares ____________________
83,375 00
Interest p a i d _______________
2,538 18
Dues
repaid,
installment
shares ____________________
33,058 85
Profits repaid, installment
shares ____________________
3,107 32
Paid-up and prepaid shares,
cap ita l____________________
13,500 00Paid-up and prepaid shares,
dividends_________________
1,859 43
Advances, personal accounts3,176 62
Salaries_____________________
2,097 00
T a x e s_______________________
144 75
Other expenses______________
1,212 27
Balance, cash in office and
bank _____________________
6,272 11
Total disbursements___$160,341 53

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 5 per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




$210,294 46

R E P O R T O N B U IL D IN G

No. 57.

77

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

FIDELITY BUILDING AND LOAN ASSOCIATION.
(Incorporated March 19, 1887.)
W . E.

B outon ,

S e c r e ta r y .

W

m

. A.

Fiscal year ended March 31, 1915.
No. of members and investors, 168.

No.- o.f series, 31.

B aelage ,

P r e s id e n t.

No. of shares, 1,933.

Assets.

Liabilities.

Loans on mortgages, $88,050;
on definite contract, $59,905.15; on shares, $3,450; on contract sales, $11116.44 ____________________$162,521 59
Arrearages— ■
On shares_____
$180 00
On interest____ 3,309 82
On premium__
10 00
-----------------3,499 82
Cash in office, $95.85; in
bank, $751.53______________
847 38
32 50
Advances, ledger accounts___
Other a ssets________________
1 00

Installment shares, dues____ $71,706 70
15,289 55
Installment shares, profits___
Advance payments__________
82 05
Overdrafts and bills payable55,000 00
Reserve and undivided profits 22,419 08
Loans due and incomplete___
1,750 00
All other liabilities__________
654 91

Total a s s e ts___________ $166,902 29

Total liabilities_________ $166,902 29

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues___
In terest-------------------------------Premiums __________________
Fines -----------------------------------F e e s ________
Loans r e p a id ________________
Overdrafts and billspayableAdvances repaid, personal ac­
counts -----------------------------All other receipts___________

Disbursements for Fiscal Year.

$898
16,437
14,033
120
354
48
33,088
43,950

12
90
62
00
26
40
17
00

Overdrafts and bills payable- $25,200 00
Loans on mortgages and
shares_____________________
49,515 00
Interest p a id ________________
2,802 84
Dues
repaid,
installment
shares_____________________
21,805 39
Profits repaid,
installment
shares_____ ._______________
5,605 96
Advances, personal accounts525 74
554 72 S a la ries_____________________
1,860 00
427 13 T a x e s _______________________
1,537 63
Other expenses______________
212 38
Balance, cash in office and
b a n k ______________________
847 38

Total receipts__________ $109,912 32

Total disbursements____ $109,912 32

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

28_.
30
32
34
36
39
43
47
51
55

Age in
months.

Total dues
per share.

Book value
per share.

120

$120 00

$181
158
135
114
94
75
58
41
26

108
96
84
72
60
48
36
24
_




12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
00
12 00

Withdrawal
value.

71
03
59
34 Dues plus
33 profits as
55 p e r b y 00 laws.
66
55
12 61

R E P O R T O N B U IL D IN G

78

No. 58.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

GLOBE MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated March 30, 1898.)
A. R. K noll , Secretary.

F r a n k O t is , President.
Fiscal year ended March 31, 1915.
No. of members and investors, 177.

No. of series, 18.

No. of shares, 3,178.

Assets.

Liabilities.

Loans, on definite contract,
$130,609.09;
on shares,
$740.00 ____________________$131,349 09
Arrearages—
On shares________ $95 85
On interest______
812 73
------------908 58
Gash in bank________________
2,984 65
Advances, ledger accounts___
20 30

Installment shares, dues_______ $24,903 30
Installment shares, profits___
5,614 61
Paid-up and prepaid shares,
capital ____________________
65,200 00
Paid-up and prepaid shares,
dividends _________________
2,547 65
Investment certificates, prin­
cipal ______________________
20,340 00
Investment certificates, divi­
dends _____________________
336 80
755 00
Advance payments__________
Reserve and undivided profits
13,631 80
Loans due and incomplete___
204 53
All other liabilities, tax re­
serve, e t c . ------------------------1,728 93

Total a s se ts___________ $135,262 62

Total liabilities________$135,262 62

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues_____
Paid-up and prepaid shares,
dues ______________________
Investment certificates_____
Interest _____________________
Fines _______________________
Fees ------------------------------------Loans repaid________________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________

Total receipts

Disbursements for Fiscal Year.

$7,218 39 Overdrafts and bills payable- $12,000 00
7,776 75 Loans on mortgages and

shares _________________
2,500
4,840
10,851
156
14
39,090
12,000

00
00
66
90
65
77
00

Interest paid________________
Dues
repaid,
installment
shares_____________________
Profits repaid, installment
shares, _____________________
Paid-up and prepaid shares,
capital ____________________
Paid-up and prepaid shares,
39 06
dividends--------------------------Investment certificates, divi­
dends _____________________
Advances, personal accountsSalaries _____________________
T a x e s _______________________
Other expenses______________
Balance, cash in office and
b a n k ______________________

$84,488 IS

Total disbursements____

49,504 93
206 14
9,237 00
2,637 89
200 00
5,002 90
768 50
19 36
1,415 00
301 36
210 45
2,984 65
$84,488 18

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

27
31
3335
37
39
41
43
45_

Age in
months.
120

_

_




96
84
72
60
48
36
24

12

Total dues
per share.

$60
48
42
36
30
24
18

00
00
00
00
00
00
00
12 00
6 00

Book value
per share.

$87 60
66 16
55 81
45 30
36 82
28 26
20 35
12 80
6 26

Withdrawal
value.

$82
62
52
42
34
26
19

40
20
47
60
62
85
74
12 60
6 20

R E P O R T O N B U IL D IN G

No. 59.

79

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

HOME MUTUAL DEPOSIT LOAN COMPANY.
(Incorporated November 30, 1885.)
A.

R. K noll,

Secretary.

No. o f series, none.

G e o . M . M it c h e l l ,

Fiscal year ended December 31, 1914.
No. of members and investors, 191.

Assets.

O
O
96
71
18
00
15

$239,235 00

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues_____
Paid-up and prepaid shares,
dues ______________________
Investment certificates_______
Interest -------------------------------Fines _______________________
Loans repaid________________
Overdi’afts and bills payableAdvances repaid, personal ac­
counts ____________________
All other receipts, rents and
service ____________________

No. of shares, 853.

Liabilities.

Loans on definite contract,
$230,202.49 ; on shares, $1,105.00; on contract sales,
$2,798.51 __________________ $234,106
Arrearages, on interest_____
1,806
Cash in office, $942.56; in
bank, $1,635.15___________
2,577
Real estate owned___________
384
Furniture and fixtures______
50
Advances, ledger accounts___
310

Total assets

Guarantee stock, capital____ $25,000 00
Guarantee stock, surplus and
unpaid dividends_________
2,220 00
Installment shares, dues_____
33,198 26
Installment shares, profits__
12,465 50
Paid-up and prepaid shares,
capital -----------------------------38,900 00
Paid-up and prepaid shares,
dividends_________________
999 75
Investment certificates, prin­
cipal __________
99,327 38
Reserve and undivided profits
19,669 05
6,763 03
Loans due and incomplete__
All other liabilities, tax re­
serve _____________________
692 03
Total liabilities

$239,235 O
O

Disbursements for Fiscal Year.

$4,138 64 Overdrafts and billspayable$19,250 00
4,666 40 Loans on mortgages and
shares -----------------------------66,751 50
253
43
5,007 70 Interest p a id _________
22,883 68 Dividends on guarantee stock
4,250 00
repaid,
installment
18,016 86 Dues
202 32
shares -----------------------------7,709 75
82,848 69 Profits repaid, installment
2,000 00
shares ____________________
2,741 60
Paid-up and prepaid shares,
11,807 70
capital ____________________
1,404 69
Paid-up and prepaid shares,
dividends__________
2,704
05
1,985 10
Investment certificates, prin­
cipal ________j.-------------------13,936 30
Investment certificates, divi­
dends _____________________
3,035 35
Advances, personalaccounts1,333 29
Salaries______________
3,560
00
T a x e s ________________
186
22
3,057
18
Other expenses______
Balance, cash in office and
b a n k _______________
2,577
71

Total receipts __________ $143,154 08

Total disbursements____ $143,154 08

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 7 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus 95 per cent of profits.




President.

80

R E P O R T O N B U IL D IN G

No. 60.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

MECHANICS BUILDING AND LOAN ASSOCIATION.
(Incorporated January 6, 1891.)
W . E.

B outon,

Secretary.

F r e d e r ic k F il l m o r e ,

Fiscal year ended December 31, 1914.
No. of members and investors, 71.

No. o f series, 26.

Installment shares, dues____ $41,801 80
Installment shares, profits___
11,040 16
Advance payments
46 45
27 Overdrafts and bills payable24,500 00
Reserve and undivided profits
6,332 25
All other liabilities, interest,
etc.
232 84
08
25
90

$83,953 50

Total receipts

$83,953 50

Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Fines
Fees
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts
All other receipts

No. of shares, 937.

Liabilities.

Assets.

Loans on mortgages, $70,800.00; on definite contract, $10,842.27 ; on shares,
$83,442
$1,800.00
Arrearages—
On shares
$10 00
On interest
164 08
174
Cash in office, $29.00; in
bank, $269.25
298
Advances, ledger accounts___
38
Total assets

President.

Disbursements for Fiscal Year.

$763 04 Overdrafts and bills payable- $18,250 00
8,955 15 Loans on mortgages and
6,688 92
shares
30,750 00
84 78 Interest paid
1,808 30
24 20 Dues
repaid,
installment
10,091 16
40,037 33
shares
7,000 00 Profits repaid, installment
713 87
shares
24 55 Advances, personal accounts18 55
148 10 Salaries
1,137 00
501 49
Taxes
157 45
Other expenses
Balance, cash in office and
298 25
bank
Total disbursements___

$63,726 07

$63,726 07

Installment Shares, W ith Age, Value, and Withdrawal Value.
No.

25
26
27
29 _
31
33
36
40
44
48




Age in
months.

114
108
96
84
72
60
48
36
24

12

Total dues
per share.

Book value
per share.

$114
108
96
84
72
60
48
36
24

$156
146
126
107
89
41
55
40
25
12

O
O
00
00
00
00
00
00
00
00
12 O
O

Withdrawal
value.

60
25
26
20 Dues plus
08 profits as
89 p e r b y 64 laws.
32
95
46

R E P O R T O N B U IL D IN G

No. 61.

81

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

OCCIDENTAL LOAN ASSOCIATION.
(Incorporated August 25, 1885.)
G unzbukger , Secretary.

B. M. G unzbuegek , Vice-president.

Fiscal year ended September 7, 1914.
No. of members and investors, 74.

No. of series, 10.

No. of shares, 699.

Assets.

Liabilities.

Loans on mortgages, $76,400 ;
on shares, $5,100; on con­
tract sales, $2,023.29_____ $83,573 29
Arrearages—
On shares____ $1,792 00
On interest___
1,870 80
On premium__
540 85
-----------------4,203 (!•
>
Cash in bank________________
3,457 81
Advances, ledger accounts___
3,106 66

Installment shares, dues____ $44,508 00
Installment shares, profits___
18,168 62
133 00
Advance payments__________
Overdrafts and bills payable12,950 00
Reserve and undivided profits
17,813 95
Sundry ledger accounts_____
767 84

Total assets

$94,341 41

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
In terest_____________________
Prem ium s__________________
F e e s ------------------------------------Loans repaid_______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts -----------------------------All other receipts, real es­
tate, e t c ._______

Total receipts__________

$94,341 41

Total liabilities

Disbursements for Fiscal Year.

$2,445
9.269
4,750
1,825
10
8,405
1,100

41
00
75
80
10
50
00

Overdrafts and bills payableLoans on mortgages and
shares ____________________
Interest p a id _______________
Dues
repaid,
installment
shares ____________________
Profits repaid, installment
shares ____________________
937 00 Advances, personal accountsSalaries _____________________
2,314 29 T axes____________________
Other expenses______________
Balance, cash in office and
ban k______________________

$31,057 85

$2,000 00
14,300 00
851 74
4,959 00
2,085 60
552 35
1,637 50

1,002 85
211 00
3,457 81

Total disbursements___ $31,057 85

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

Age in
months.

23
24
25
26 27
28
29

____

6— 19098




Book value
per share.

120

20
21
22

Total dues
per share.

$120 00

$191
164
138
115
94
75
57
41
26
12

108
96
84
72
60
48
36
24
12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
00
12 00

71
27
87
55
33
05
43
23
29
58

Withdrawal
value.

$173
147
123
102
84
67
52
38
25
12

77
38
86
93
28
52
71
61
14
29

R E P O R T O N B U IL D IN G

82

No. 62.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

PACIFIC LOAN ASSOCIATION.
(Incorporated December 8, 1884.)
E. G un zburger , Secretary-

H. L evy , President.

Fiscal year ended December 2, 1914.
No. of members and investors, 40.

No. o f series, 9.

No. of shares, 311.

Liabilities.

Assets.

Installment shares, dues____ $27,996 O
O
Loans on mortgages. $19,500 ;
9,359 80
Installment shares, profits___
on shares, $8,400; on con­
10 00
tract sales, $16,849.92____ $44,749 92 Advance payments__________
Overdrafts and bills payable2,150 00
Arrearages—•
Reserve and undivided profits
8,461 18
On sh ares____ $1,065 00
200 77
Sundry ledger accounts_____
306 20
On interest___
On premium __
180 35
-----------------1,551 55
Cash in bank________________
604 22
1,272 06
Advances, ledger accounts___
Total a ssets___________

$48,177 75

Total liabilities_________

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
In terest_____________________
Premiums __________________

F e e s_____________________
Loans repaid_______________
Overdrafts and bills payableAll other receipts___________

Total receipts__________

$48,177 75

Disbursements for Fiscal Year.

$796
4,053
2.539
632

96 Overdrafts and bills payableO Loans on mortgages and
O
57
shares ____________________
40 Interest p a i d _______________

1 60 Dues

repaid,

4,000 00
221 99

installment

shares ____________________
4.049 51
1.500 00 Profits repaid, installment
72 10
shares ____________________
Advances, personal accountsSalaries_____________________
T a x e s_______________________
Other expenses____________
Balance, cash in office and
bank______________________
$13,645 14

$3,806 25

1,452 00
407
1,300
1,330
395
128

21
00
00
25
22

604 22

Total disbursements___$13,645 14

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

19

Age in
months.

_

20
21
22
23
24
25
28
29




- -

132

120
108
96
84
72
60
24

12

Total dues
per share.

Book value
per share.

$132 O
O
120 00
108 OO
96 00
84 00
72 00
60 00
24 00
12 00

$183
167
144
123
104
85
69
25
12

74
81
95
69
08
9S
32
52
39

Withdrawal
value.

$173
155
133
113
96
79
64
24

39
81
86
99
00
68
66
76
12 20

R E P O R T O N B U IL D IN G

No. 63.

A N D L O A N A S S O C IA T IO N S .

83

S A N F R A N C IS C O .

PACIFIC STATES SAVINGS AND LOAN COMPANY.
(Incorporated June 14, 1889.)
W . S. P abdy , Secretary.
F. R e is , J r ., President.
Fiscal year ended December 31, 1914.
No. of series, 46.
No. of members and investors, 1,900.
No. of shares, 5,911.
Assets.

Liabilities.

Loans on mortgages, $9,590.00; on definite con­
tract,
$963,063.04;
on
shares, $3,585 ; on bonds,
$34,800 _________________ $1,011,038
Arrearages— ■
On shares and
certificates__$2,659 40
On interest___ 5,094 25
------ --------7,753
Cash in office, $2,377.07; in
bank, $53,203.82 ________
55,580
Real estate owned_________
80,915
Furniture and fixtures_____
800
Advances, ledger accounts__
1,631
469
Other assets_______________
Total assets

04

65
S9
48
00
55
76'

Installment shares, dues___
Installment shares, profitsPaid-up and prepaid shares,
capital ---------------------------Paid-up and prepaid shares,
dividends________________
Investment certificates, prin­
cipal _____________________
Investment certificates, divi­
dends ____________________
Advance payments_________
Reserve and undivided profits
Loans due and incomplete__
Sundry ledger accounts____
All other liabilities, tax re­
serve ____________________

.$1,158,189 37

Total receipts_________

$47,293
10,777
154,972
99,363
5,574
198
475,354
9,000

217,830 00
86,368 48
511,537 94
59,913 96
4,733 80
152,477 38
12,222 36
5,094 87
6,757 38

Total liabilities______ $1,158,189 37

Receipts for Fiscal Year.

Balance from last report___
Installment shares, dues___
Investment certificates____
In terest-----------------------------Premiums, r e n ts __________
F in e s ---------------------------------Loans repaid--------------------Overdrafts and bills payable
Advances repaid, personal
accounts ________________
All other receipts-------------

$74,824 60
26,428 60

Disbursements for Fiscal Year.

26
30
87
67
62
12
95
00

Overdrafts and bills payable
Loans on mortgages and
shares __________________
Interest p a i d ______________
Dues
repaid,
installment
shares __________________
Profits repaid, installment
shares____________________
Paid-up and prepaid shares,
cap ita l__________________
18,847 07
5,559 43 Paid-up and prepaid shares,
dividends________________
Investment certificates, prin­
cipal -----------------------------Investment certificates, divi­
dends ____________________
Advances, personal accounts
Salaries____________________
T a x e s______________________
Other expenses____________
All other disbursements, real
estate, etc. ______________
Balance, cash in office and
ban k_____________________

$826,941 29

Total disbursements__

$9,000 00
498,254 03
155 15
44,809 00
24,860 30
120 00
10,730 57
93,894 09
14,248
14,479
13,650
4,716
13,433

38
27
00
42
57

29,009 62
55,580 89
$826,941 29

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

Class “C.”— Dues 60 cents per month__

Certificates— Dues 60 cents per month




118
10S
96
84
96
84
72
60
48
36
24

12

Total dues
per share.

$70
64
57
50
57
50
43
36
28

80
80
60
40
60
40
20
00
80
21 60
14 40
7 20

Book value
per share.

$100
89
76
64
76
64
53
42
33
24
15
7

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

Withdrawal

$83
71
61
71
61
50
41
32
23
15
7

29
87
08
87
08
87
21
07
41
12
38

R E P O R T O N B U IL D IN G

84

No. 64.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

PROGRESS MUTUAL LOAN ASSOCIATION.
(Incorporated December 31, 1894.)
N.

S t e in b e r g e r ,

Secretary.

Jam es

A.

Fiscal year ended December 31, 1914.
No. of members and investors, 149.

No. o f series, 10.

Assets.

200.00

$63,936
755
4,964
35

63
46
80
25

$69,692 14

Total assets

Total liabilities

$69,692 14

Disbursements for Fiscal Year.

$17 24 Overdrafts and bills payable- $18,000 00
8,807 20 Loans on mortgages and
shares
7,900 00
4,600 00 Interest paid
1,244 30
5.877 54 Dues
repaid,
installment
31 14
15,821 70
shares
10 05 Profits repaid, installment
21,546 47
shares
4,797 12
14,500 00 Advances, personal accounts20 00
Salaries
1,335 00
114 65 Taxes
196 16
Other expenses
399 35
All other disbursements, real
estate
5,035 20
Balance, cash in office and
bank
755 46
$55,504 29

Total receipts

No. of shares, 1,104.

Installment shares, dues____ $39,505 20
Installment shares, profits___
8,437 44
Paid-up and prepaid shares,
capital
8,600 00
Overdrafts and bills payable10,000 00
Reserve and undivided profits
3,149 50

Receipts for Fiscal Year.

Balance from last report-___
Installment shares, dues____
Paid-up and prepaid shares,
dues
Interest
Fines
Fees
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts

President.

Liabilities.

Loans on definite contract,
$61,736.63; on shares, $2,Cash in bank
Real estate owned
Advances, ledger accounts___

W h it e ,

Total disbursements___

$55,504 29

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.
11

Age in
months.

-

12

13
_
14
15
16
17
18
19 -

20




_

Total dues
per share.

Book value
per share.

120
108
96
84
72
60
48
36
24

$120 00

$163
141
122
104

12

108
96
84
72
60
48
36
24

00
(X)
00
00
00
00
00
00
12 00

86
69
54
39
25
12

25
97
36
02
53
88
17
34
43
36

Withdrawal
value.

$157 50
137 50
118 00
100 00
83 50
67 50
52 75
38 50
25 00
12 00

85

R E P O R T O N B U IL D IN G A N D L O A N A S S O C IA T IO N S .

No. 65.

S A N F R A N C IS C O .

PROVIDENT MUTUAL LOAN ASSOCIATION.
(Incorporated September 24, 1887.)
N. S teinbekger , Secretary.
No. of series, 11.

J am es R o lph , President.

Fiscal year ended September 30, 1914.
No. of members and investors, 266.
Assets.

No. of shares, 3,140.

Liabilities.

Loans on definite contract,
Installment shares, dues____ $113,240 40
$184,331.90 ; on shares, $1,Installment shares, profits___
26,335 88
600.00 ____________________$185,931 90 Paid-up and prepaid shares,
Arrearages—■
cap ita l____________________
5,400 00
On sh ares_________ $1 90
Overdrafts and bills payable_
35,400 00
On interest________ 22 52
Reserve and undivided profits
5,941 78
----------24 42 Loans due and incomplete___
293 00
Cash in bank___________________
30989 All other liabilities, tax re­
Furniture and fixtures______
250 00
500 00
serve -------------------------------Advances, ledger accounts___
594 85
Total assets

$187,111 06

Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
d u e s ______________________
Interest_____________________
Fines _______________________
F e e s ________________________
Loans repaid_______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________

$187,111 06

Disbursements for Fiscal Year.

$698 93 Overdrafts and bills payable- $39,000 00
24,226 60 Loans on mortgages and
shares ____________________
36,168 00
3,800 00 Interest p a i d _______________
2,212 44
14,915 70 Dues
repaid,
installment
19 70
shares ____________________
21,052 10
52 00 Profits repaid, installment
33,720 54
8,275 10
shares ____________________
34,000 00 Paid-up and prepaid shares,
dividends_________________
324 00
137 95 Advances, personal accounts316 15
Salaries_____________________
2,397 50
T a x e s_______________________
881 84
Other expenses______________
634 40
Balance, cash in office and
ban k______________________
309 89
Total disbursements___ $111,571 42

Total receipts_________ $111,571 42

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

20
21
22
23
24
25
26
27
28
29




Age in
months.

Total dues
per share.

Book value
per share.

120

$120 00

$166
144
124
105
87
70
54
39
25
12

108
96
84
72
60
48
36
24

12

108
96
84
72
60
48
36
24

00
00
00
00
00
O
O
00
00
12 00

65
74
50
60
71
81
86
S6
70
43

Withdrawal
value.

$165 00
142 00
121 O
O
101 60
83 75
67 50
52 80
38 70
25 20
12 00

R E P O R T O N B U IL D IN G

86

No. 66.

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

UNION LOAN ASSOCIATION.
(Incorporated May 6, 1881.)
E. G un zburger , Secretary.

T. I. O’B r ie n , President.

Fiscal year ended May 11, 1915.
No. of members and investors, 44.

No. o f series, 10.

Liabilities.

Assets.

Loans on mortgages, $27,800;
on contract sales, $812.04__ $28,612
Arrearages—
On shares
$541 O
O
545 10
On interest_____
On p rem iu m ___ 232 65
1,318
Cash in bank
1,040
Real estate owned
2,239
Advances, ledger accounts___
2,916
Total assets

Installment shares, dues
$11,066 00
04 Installment shares, profits___
3,180 33
Advance payments
39 40
Overdrafts and bills payable10,225 00
Reserve and undivided profits
11,578 79
Sundry ledger accounts
37 93
75
93
52
21

$36,127 45

Total receipts

$36,127 45

Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Premiums
Fees
Loans repaid
Advances repaid, personal accounts
All other receipts

No. of shares, 224.

Disbursements for Fiscal Year.

$819
2,552
1,793
717
3
4,800

34
00
66
90
30
00

Loans on mortgages and
shares
Interest paid
Dues
repaid,
installment
shares
Profits repaid, installment
shares
793 25 Advances, personal accounts22 41 Salaries
Taxes
Other expenses
Balance, cash in office and
bank

$11,501 86

Total disbursements____

$6,100 00
628 88
■1,456 00
342 67
100 00
1,340 00
381 88
111 50
1,040 93
$11,501 86

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

25
26
27
28
29
30
31
32
33
34

Age in
months.

- _
_




_
_

Total dues
per share.

Book value
per share.

120

$120 00

$184 32
158 74
134 93
112 88
92 46
73 63
56 35
40 50
25 91
12 45

108
96
84
72
60
4S
36
24

12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
00
12 00

Withdrawal
value.

$168
143
121
101
83

66
52
38
24
12

24
51
30
32
25
81
17
25
95
23

R E P O R T O N B U IL D IN G

No. 67.

87

A N D L O A N A S S O C IA T IO N S .

S A N F R A N C IS C O .

WESTERN LOAN ASSOCIATION.
(Incorporated November 12, 1886.)
E. G unzbtjrgeb, Secretary.
S. H a u s m a n n , President.
Fiscal year ended November 16, 1914.
No. of members and investors, 93.

No. of series, 10.

Liabilities.

Assets.

Loans on mortgages, $68,650 ;
on contract sales, $4,013.45 $72,663
Arrearages—
On sh ares____ $1,449 00
On interest___
1,507 00
605 20
On premium__
3,561
Cash in bank
1,839
Advances, ledger accounts___
1,845
Total assets

Installment shares, dues
$38,063 00
12,939 30
45 Installment shares, profits___
91 10
Advance payments
15,612 91
Overdrafts and bills payableReserve and undivided profits
12,907 06
Sundry ledger accounts
296 00

20
21
51
Total liabilities

$79,909 37

Total receipts

$79,909 37

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Interest
Premiums
Fees
Loans repaid
Advances repaid, personal accounts
All other receipts

No. of shares, 668.

$2,749
9,081
5,598
1,661

11
14,700
797
174

91 Loans on mortgages and
shares
00
78 Interest paid
repaid,
installment
30 Dues
shares
50
00 Profits repaid, installment
shares
19 Advances, personal accounts10 Salaries
Taxes
Other expenses
Balance, cash in office and
bank
Total disbursements___

$34,773 78

$7,600 00
718 60
14,872 00

6,886 96
67
1,690
903
195

26

00
80
95

1,839 21
$34,773 78

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

19
20
21
22
23
24
25
26
27
28




Age in
months.

120
108
96
84
72
60
48
36
24
12

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$190
163
13S
115
94
74
50
40
26
12

00
OO
00
00
00
00
00
00
00
00

32
39
45
37
06
60
91
79
04
52

Withdrawal
value.

$172
146
123
102
84
67
52
38
25
12

74
77
59
82
13
30
45
39
02
26

R E P O R T O N B U IL D IN G

No. 68.

AND LO AN

A S S O C IA T IO N S ..

S A N JO SE.

MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated March 12, 1889.)
S e y m o u r M o n t g o m e r y , Secretary.

No. of series, none.

C h a s . B. W

Fiscal year ended December 31, 1914.
No. of members and investors, 1,274.

Assets.

President.

No. of shares, 4,3,r S
>

Liabilities.

Loans on mortgages
$681,592
Cash in office, $212.89; in
bank, $9,793.55
10,006
Real estate owned
28,559
Furniture and fixtures
350
Advances, ledger accounts___
25

Total assets

in g ,

63 Installment shares, dues____ $324,349
Installment shares, profits___
51,272
44 Paid-up and prepaid shares,
83
capital
288,017
00 Paid-up and prepaid shares,
50
dividends
16,291
Overdrafts and bills payaole_
5,000
Reserve and undivided profits 17,564
Loans due and incomplete___
18,039

$720,534 40

Receipts for Fiscal Year.

Total liabilities

48
47
36
10
00
41
58

$720,534 40

Disbursements for Fiscal Year.

Balance from last report____ $40,8S7 03 Overdrafts and bills payable- $12,000 00
Installment shares, dues____ 207,468 59 Loans on mortgages and
Paid-up and prepaid shares,
shares
176,681 63
dues
38,100 00 Interest paid
66 70
Interest
44,735 87 Dues
repaid,
installment
Loans repaid
120,614 22
shares
170,443 77
Overdrafts and bills payable17,000 00 Profits repaid, installment
All other receipts, rents, etc._
833 56
14,925 62
shares
Paid-up and prepaid shares,
65,700 00
capital
Paid-up and prepaid shares,
8,970 93
dividends
5,993 76
Salaries
1,526 19
Taxes
1,439 33
Other expenses
All other disbursements, real
1,884 90
estate, etc.
Balance, cash in office and
10,006 44
bank
Total receipts

$469,639 27

Total disbursements------ $469,639 27

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividends, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus 95 per cent of profits.




R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 69.

89

S A N JO SE .

NUCLEUS BUILDING AND LOAN ASSOCIATION.
(Incorporated March 28, 1889.)
C. H. J o h n so n , Secretary.
No. of series, none.

G eo . B. M cK ee , President.

Fiscal year ended April 10, 1915.
No. of members and investors, 224.

Assets.

Liabilities.

Loans on definite contract___ $239,399
Arrearages on interest______
710
1,126
Cash in bank________________
Furniture and fixtures______
400

56
07
49
00

Total a sse ts___________ $241,636 12

Installment shares, dues____ $177,501
Installment shares, profits___
25,792
Paid-up and prepaid shares,
c a p ita l____________________
27,800
Overdrafts and bills payable5,000
Reserve and undivided profits
4,394
Loans due and incomplete___
1,147

$3,767 32
97,457 15
500
15,882
50,654
26,000

00
98
38
00

8 32

Total receipts__________ $194,270 15

00
00
54
05

Total liabilities________$241,636 12

Overdrafts and bills payable- $21,000 00
Loans on mortgages and
shares ____________________
81,893 22
Interest p a i d _______________
153 35
Dues
repaid,
installment
shares ____________________
62,704 06
Profits repaid, installment
shares ____________________
5,561 25
Paid-up and prepaid shares,
cap ita l____________________
17,500 00
Paid-up and prepaid shares,
1,501 40
dividends ________________
Advances, personal accounts252 61
S a la r ie s _____________________
2,040 00
T a x e s_______________________
275 99
Other expenses______________
261 78
Balance, cash in office and
b an k ______________________
1,126 49
Total disbursements___ $194,270 15

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 6 per cent.
Book value, dues plus dividend.
Withdrawal value, full book value.




60
93

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Paid-up and prepaid shares,
d u e s ______________________
Interest_____________________
Loans repaid_______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________

No. of shares, 4,167.

90

R E P O R T O N B U IL D IN G

No. 70.

A N D L O A N A S S O C IA T IO N S .

S A N JO SE .

SAN JOSE BUILDING AND LOAN ASSOCIATION.
(Incorporated January 30, 1885.)
W. M. S ontheim ek , Secretary.
No. of series, none.

V. K och , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 497.

Assets.

No. of shares, 9,403.

Liabilities.

Loans on mortgages, $350,Installment shares, dues
$267,507 06
238.58; on contract sales,
Installment shares, profits___
25,567 61
$990.50
$351,229 08 Paid-up and prepaid shares,
Arrearages on interest
2,561 82
capital
5,600 00
Cash in office, $478.80; in
Investment certificates, prinbank, $5,635.84
6,114 64
cipal
35,767 00
Advances, ledger accounts___
454 41 Reserve and undivided profits
9,036 11
Loans due and incomplete___
16,882 17
Total assets

$360,359 95

Receipts for Fiscal Year.

Total liabilities

$360,359 95

Disbursements for Fiscal Year.

Balance from last report____
$5,672 51 Overdrafts and bills payable- $41,000 00
Installment shares, dues____ 142,760 75 Loans on mortgages and
Paid-up and prepaid shares,
shares
95,821 53
dues
1,400 00 Interest paid
752 45
Investment certificates
13,692 00 Dues
repaid,
installment
Interest
22,671 47
shares
105,653 60
Fines
20 50 Profits repaid, installment
56,624 24
Doans repaid
shares
12,829 79
Overdrafts and bills payable31,500 00 Paid-up and prepaid shares,
Advances repaid, personal accapital
3,100 00
counts
813 56 Paid-up and prepaid shares,
All other receipts, real estate
267 05
2,113 32
dividends
Investment certificates, prin­
cipal
5,050 00
Investment certificates, dividends
1,527 98
784 51
Advances, personal accounts2,940 00
Salaries
526 15
Taxes
7S7 33
Other expenses
All other disbursements, real
113 32
estate
Balance, cash in office and
6,114 64
bank
Total receipts

$277,268 35

Total disbursements___ $277,268 35

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




R E P O R T O N B U IL D IN G

No. 71.

A N D L O A N A S S O C IA T IO N S .

91

S A N L U IS O B IS P O .

SAN LUIS BUILDING AND LOAN ASSOCIATION.
(Incorporated March 1, 1888.)
M. L e w in , Secretary.

B e n j . B kooks , President.
Fiscal year ended March 1, 1915.
No. of members and investors, 275.

No. o f series, 13.

No. of shares, 2,463.

Assets.

Liabilities.

Loans on mortgages, $138,320; on shares, $2,430____ $140,760 00
Arrearages—■
On shares_________ $66 00
On interest________ 92 99
On fines_____________ 19 74
----------178 73
Cash in bank________________
471 82
Advances, ledger accounts___
23 29

O
Installment shares, dues____ $105,168 O
Installment shares, profits___
22,737 40
9,466 00
Advance paym ents_________
Overdrafts and bills payable1,000 00
Reserve and undivided profits
3,062 44

Total liabilities________$141,433 84

Total a sse ts___________ $141,433 84

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____ • $2,883 81 Overdrafts and bills payableInstallment shares, dues___
38,065 00 Loans on mortgages and
In terest_____________________
13,653 19
shares ____________________
F in e s _______________________
218 61 Interest p a i d _______________
repaid,
installment
102 47 Dues
F e e s ________________________
Loans rep a id _______________
37,112 50
shares ____________________
Overdrafts and billspayable7,000 00 Profits repaid, installment
Advances repaid, personal ac­
shares ____________________
counts ____________________
166 08 Paid-up and matured shares,
cap ita l____________________
Advances, personal accounts-

$6,000 00
32,919 50
832 46
32,648 O
O
10,027 69
12,363 89
166 08

Salaries__________________

Total receipts

3,800 43

T a x e s_______________________
Other expenses______________
Balance, cash in office and
ban k______________________

1,769 74
202 05
471 82

Total disbursements___$99,201 66

$99,201 66

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

16
17
18
19

20
21
22
23
25
27




Age in
months.

Total dues
per share.

Book value
per share.

120

$120 00

$187
144
124
105
87
70
54
39
25
12

108
96
84
72
60
48
36
24

12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
O
O
00
12 00

25
50
25
33
60
60
60
70
70
51

Withdrawal
value.

$187
139
118
99
82

66
51
37
24

12

00
94
60
47
14
10
30
85
85
26

92

R E P O R T O N B U IL D IN G

No. 72.

A N D L O A N A S S O C IA T IO N S .

SAN M A TE O .

SAN MATEO MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated June 2, 1896.)
C. H. K irkbride , Secretary.

W m . F. T u r n b u ll , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 175.

No. o f series, 42.

No. of shares, 1,456.

Assets.

Liabilities.

Loans on mortgages, $114,765 ; on shares $1,150_____ $115,915 00
Arrearages—
On sh ares____ $1,316 00
On interest___
1,429 05
On fines______
118 40
-----------------2,863 45
Cash in bank________________
3,222 71
Real estate owned___________
8,840 00
90 O
O
Furniture and fixtures______
Advances, ledger accounts__
273 98

Installment shares, dues_____ $71,217 00
20,575 53
Installment shares, profits___
Paid-up and prepaid shares,
capital -----------------------------20,200 00
Paid-up and prepaid shares,
dividends_________________
595 75
Advance payments__________
161 00
Overdrafts and bills payable11,680 00
Reserve and undivided profits
4,941 02
Loans due and incomplete___
1,620 61
Sundry ledger accounts_____
87 00
All other liabilities, interest
on bills payable, etc______
127 23

Total a s se ts----------------- $131,205 14

Total liabilities________$131,205 14

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues
Paid-up and prepaid shares,
dues
Interest
Premiums
Fines
Fees
Loans repaid
Overdrafts and bills payableAdvances repaid, personal accounts

All other receipts, real estate
and rents

Total receipts

Disbursements for Fiscal Year.

$3,494 50 Overdrafts and bills payable16,593 00 Loans on mortgages and
shares
5,800 00 Interest paid
8,795 44 Dues
repaid,
installment
166 07
shares
187 70 Pro-fits repaid, installment
67 00
shares
22,565 00 Paid-up and prepaid shares,
3,286 60
capital
Paid-up and prepaid shares,
382 86
Advances, personal accounts1,641 94 Salaries
Taxes
Other expenses
All other disbursements, real
estate, etc.
Balance, cash in office and
bank
$62,980 11

Total disbursements____

$3,107 25
29,299 04
640 70
16,113 00
5,268 83

1,000 00
1,054
405
1,195
156
314

35
50
50
96
30

1,201 97
3,222 71
$62,980 11

Installment Shares, W ith Age, Value, and Withdrawal V alue.
Age in
months.

35
39
43
47
51
55
59
63
67 _
71

_ _

_

_




—

Total dues
per share.

Book value
per share.

120

Serial
No.

$120 00

$171
148
127
107
89
71
55
40
25
12

108
96
84
72
60
48
36
24
12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
00
12 00

01
48
38
62
06
63
30
04
78
46

Withdrawal
value.

$167
145
124
105
87
70
54
39
25

59
51
83
46
28
20
19
23
26
12 21

R E P O R T O N B U IL D IN G

No. 73.

AND LO AN

93

A S S O C IA T IO N S .

SAN R A F A E L .

MARIN COUNTY MUTUAL BUILDING AND LOAN
ASSOCIATION.
(Incorporated July 19, 1886.)
L. A. L an cel , Secretary.

G eo. M. D odge, President.

Fiscal year ended July 31, 1914.
No. of members and investors, 241.

No. of series, 17.
Assets.

Liabilities.

Loans on mortgages
$151,800
Arrearages—
On shares
$469 00
On interest
667 10
On fines
56 80
1,192
Cash in bank
918
Real estate owned
2,683
Advances, ledger accounts. _
60
Total assets

00

90

86
90
84

$156,656 50

Installment shares, dues____ $115,098
Installment shares, profits___
28,531
Investment certificates, principal
5,250
Investment certificates, divi­
dends
42
Advance payments
155
Overdrafts and bills payable1,000
Reserve and undivided profits
6,179
Loans due and incomplete___
400
Total liabilities

Receipts for Fiscal Year.

Balance from last report_
Installment shares, dues__ _
Interest
Fines
Fees
Loans repaid

Total receipts

No. of shares, 2,997.

$2,163
39,531
14,619
95
81
35,000

00
15
00
50
00
00
85
00

$156,656 50

Disbursements for Fiscal Year.

84 Loans on mortgages and
00
$15,000 00
shares
60 Interest paid
294 50
65 Dues
repaid,
installment
20
shares
52,519 00
oo Profits
repaid, installment
18,815 44
shares
Investment certificates, prin100 00
cipal
21 64
Advances, personal accounts1,560 00
Salaries
345 40
Taxes
397 75
Other expenses
All other disbursements, real
1,518 70
estate, etc.
Balance, cash in office and
918 86
bank

$91,491 29

Total disbursements------

$91,491 29

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

Age in
months.

Total dues
per share.

Book value
per share.

25
26
28
30
32
34
36
38 _
40

102

$102 00

$158
143
118
97
76
58
41
26




96
84
72
60
48
36
24

12

96
84
72
60
48
. 36
24

00
00
00
00
00
00
00
12 00

36
83
96
00
76
40
60
32
12 60

Withdrawal
value.

$155
139
111
89
70
53
38
25
12

54
05
96
50
05
20
80
18
30

94

R E P O R T O N B U IL D IN G

No. 74.

A N D L O A N A S S O C IA T IO N S .

SANTA ANA.

HOME MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated April 1, 1893.)
O. M. R obbin s , Secretary.
No. of series, 21.

J ohn M cF adden , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 955.

Assets.

Liabilities.

Loans on mortgages, $519,535; on shares, $11,620___ $531,155 00
Arrearages—On shares________$915 75
On interest______ 1,157 30
-------------2,073 05
4,067 44
Cash in bank_______________
Furniture and fixtures_______
1,490 85
Total assets

No. of shares, 5,405.

$538,786 34

Installment shares, dues_____ $257,701
Installment shares, profits___
70,460
Investment notes, principal__193,210
Investment notes, dividends
accrued ___________________
4,934
Advance payments__________
146
Reserve and undivided profits
12,000
Loans due and incomplete___
333
Total liabilities

Receipts for Fiscal Year.

60
50
00
74

$538,786 34

Disbursements for Fiscal Year.

Balance from last report____
$1,950 44 Overdrafts and bills payable.
Installment shares, dues_____
69,400 25 Loans on mortgages and
Investment n otes----------------- 111,110 00
shares — '------------------------Interest _____________________
41,389 52 Dues
repaid,
installment
Fines _______________________
241 91
shares -----------------------------81 05 Profits repaid, installment
F e e s ________________________
Loans repaid________________
93,017 O
O
shares_____ _______________
Overdrafts and bills payable4,000 00 Investment notes, principal__
All other receipts, reap estate
1,752 00 Investment notes, dividends__
Salaries _____________________
T a x e s _______________________
Other expenses______________
All other disbursements, real
estate, e t c .________________
Balance, cash in bank______
Total receipts__________ $322,942 17

50
00
€0

$6,500 00
91,031 60
76,303 00
32,757
95,650
11,026
2,767
316
844

42
00
12
50
80
04

1,678 25
4,067 44

Total disbursements____ $322,942 17

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age in
months.

Total dues
per share.

Book value
per share.

16
18

120
10S

$120 00

20

96
84
72
60
48
36
24

$181
156
133
111
91
73
56
40
25
12

Serial
No.

22
24
26
28
30
32
34




12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
O
O
12 00

58
53
24
63
62
03
08
29
88
47

Withdrawal
value.

Dues plus
profits as
per bylaws.

R E P O R T O N B U IL D IN G

No. 75.

A N D L O A N A S S O C IA T IO N S .

95

SA N TA BARBARA.

LOAN AND BUILDING ASSOCIATION.
(Incorporated May 23, 1877.)
J. T. J o h n so n , Secretary.

H. L. S t a m b a c h , President.

Fiscal year ended June 30, 1915.
No. of members and investors, 842.

No. of series, 23.
Assets.

Liabilities.

Loans on mortgages, $327,00 1; on shares, $3,150____ $330,151
Arrearages—
On shares____ $1,177 00
1,088 15
On interest___
On fines
138 05
2,403
Cash in office, $941.14; in
bank, $7,573.46
8,514
Real estate owned
3,184
Furniture and fixtures
607
Advances, ledger accounts___
110
Total assets

Installment shares, dues____ $146,424
29,854
00 Installment shares, profits___
Investment certificates, principal
162,650
Advance payments
219
Reserve and undivided profits
2,823
20 Loans due and incomplete___
2,700
Sundry ledger accounts
300
60
13
05
48
Total liabilities

$344,971 00

Total receipts

00
10
00
75
21
00
00

$244,971 06

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
Investment certificates
Interest
Premiums
Fines
Fees
Loans repaid
Advances repaid, personal accounts
All other receipts, real estate, etc

No. of shares, 3,182.

$6,936
40,428
49,350
22,435
7
155
78
30,244

99

00
00
95
50

00
25

00

254 63
1,536 95

Loans on mortgages and
$68,160 00
shares
Dues
repaid,
installment
47,162 00
shares
Profits repaid, installment
shares
14,688 20
Investment certificates, principal
7,250 00
Investment certificates, dividends
8,073 95
Advances, personal accounts110 48
1,200 09
Salaries
1,421 66
Taxes
Other expenses ______________
662 25
All other disbursements, real
3,184 13
estate
Balance, cash in office and
8,514 60
bank

$160,427 27

Total disbursements___ $160,427 27

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

22
24
26
28
30
32
34
T
36
38
40




Age in
months.

Total dues
per share.

Book value
per share.

120
10S

$120 00

$160
140
121
103
85
69
53
39
25
12

96
84
72
60
48
36
24

12

108
96
84
72
60
48
36
24
12

00
00
00
00
00
00
00
00
O
O

40
10
05
05
90
45
90
25
35
30

Withdrawal
value.

$160
140
121
101
84

68
52
38
25

12

40
10
05
05
50
05
90
65
10
20

96

R E P O R T O N B U IL D IN G

No. 76.

A N D L O A N A S S O C IA T IO N S .

SA N TA BARBARA.

SANTA BARBARA MUTUAL BUILDING AND LOAN
ASSOCIATION.
(Incorporated May 20, 1901.)
J. M.

W arren,

Secretary.

No. of series, none.

E. C.

Fiscal year ended March 1, 1915.
No. of members and investors, 868.

Assets.

Loans on mortgages
Arrearages on interest
Cash in bank
Real estate owned
Total assets

B oeder,

President.

No. of shares, 12,620.

Liabilities.

$514,692
5,060
4,534
4,148

71 Installment shares, dues____ $419,811 36
76 Installment shares, profits___
97,065 64
67 Reserve and undivided profits
4,359 55
41 Loans due and incomplete___
7,200 00

$528,436 55

Receipts for Fiscal Year.

Total liabilities

$528,436 55

Disbursements for Fiscal Year.

Balance from last report____ $14,691 51 Overdrafts and bills payable- $23,350 00
Installment shares, dues____ 201,704 27 Loans on mortgages and
shares
Interest
34,147 24
188,722 20
Loans repaid
98,745 18 Interest paid
477 15
Overdrafts and bills payablerepaid,
installment
23,350 00 Dues
All other receipts, rents
shares
280 90
139,105 04
Profits repaid, installment
shares
11,954 75
Salaries
1,972 10
Taxes
1,841 09
Other expenses
876 60
All other disbursements
85 50
Balance, cash in office and
bank
4,534 67
Total receipts

$372,919 10

Total disbursements___ $372,919 10

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




R E P O R T O N B U IL D IN G

No. 77.

A N D L O A N A S S O C IA T IO N S .

97

SA N TA CLARA.

SANTA CLARA BUILDING AND LOAN ASSOCIATION.
(Incorporated March 19, 1889.)
F . O. R oll , Secretary.

J. B. O ’B kien , President.

Fiscal year ended March 31, 1915.
No. of members and investors, 319.

No. o f series, 21.
Assets.

No. of shares, 2,930.

Liabilities.

Loans on mortgages, $237,25 0; on shares, $200; on
contract sales, $7,511.74___$244,961 74
Arrearages—■
On shares____ $2,924 75
On interest___
4,124 05
On fines_______
177 50
-------------------

Real estate owned__________
Advances, ledger accounts-----

Installment shares, dues____ $165,813
49,473
Installment shares, profits___
Paid-up and prepaid shares,
cap ita l____________________
26,800
Paid-up and prepaid shares,
dividends_________________
248
Advance payments__________
60
7 ,2 2 6 3 0 Overdrafts and bills payable1,565
8,777 33 Reserve and undivided profits
14,808
103 40 Loans due and incomplete___
1,925
Sundry ledger accounts_____
75
All other liabilities, tax re­
serve _____________________
300

Total a s s e ts___________ $261,068 77

50
43
00
20
00
30
34
00
00
00

Total liabilities________$261,068 77

Receipts for Fiscal Year.

Disbursements for Fiscal Year.

Installment shares, dues___ $35,534 25 Overdrafts and billspayable$4,602
Loans on mortgages and
Paid-up and prepaid shares,
shares ____________________
28,025
d u e s ______________________
7,700 00
22,339 92 Interest paid________________
In terest-------------------------------68
F i n e s _______________________
211 05 Dues
repaid,
installment
F e e s ------------------------------------31 10
shares -----------------------------35,312
36,502 17 Profits repaid, installment
Loans rep a id _______________
Overdrafts and billspayable1,565 30
shares ____________________
15,289
Advances repaid, personal ac­
Paid-up and prepaid shares,
counts ____________________
36 60
cap ita l____________________
19,400
All other receipts, real es­
Paid-up and prepaid shares,
tate, e t c ._________________
dividends_________________
6,654 60
1,315
Advances, personalaccounts47
Salaries_____________________
1,320
T a x e s_______________________
4,683
Other expenses--------------------452
All other disbursements_____
58
Total receipts__________ $110,574 99

19
00
44
50
15
00
50
40
00
76
15
90

Total disbursements___ $110,574 99

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

Age in
months.

17
19
21
23
25
27
29
31
33 _
35

120
108
96
84
72
60
48
36
24
2

—
7— 1 9 0 9 8




_

1

Total dues
per share.

Book value
per share.

$120
108
96
84
72
60
48
36
24
12

$178
153
131
110
90
72
55
40
25
12

00
00
00
00
00
00
00
00
00
00

3S
98
34
32
83
73
93
34
87
46

Withdrawal
value.

$178
153
129
108
88
70
52
38
25
12

3S
98
00
00
00
00
50
00
00
25

98

R E P O R T O N B U IL D IN G

No. 78.

A N D L O A N A S S O C IA T IO N S .

S A N TA CRUZ.

SANTA CRUZ COUNTY BUILDING AND LOAN ASSOCIATION.
(Incorporated May 20, 1908.)
G eo. W . W ood, Secretary.
No. o f series, none.

G eo . W . S tone , President.

Fiscal year ended May 20, 1915.
No. of members and investors, 56.

No. of shares, 405.

Assets.

Liabilities.

Loans on definite contract__$36,952 97
Gash in office, $85.; in bank,
$452.67 __________________
537 67
Furniture and fixtures______
218 75

Guarantee stock, capital_____ $21,700 00
Guarantee stock, surplus____
1,605 77
Installment shares, dues____
3,107 50
Installment shares, profits___
684 11
Paid-up and prepaid shares,
capital ____________________
7,000 00
Paid-up and prepaid shares,
dividends_________________
126 55
Investment certificates, prin­
cipal ______________________
825 76
Investment certificates, divi­
dends _____________________
92 71
Reserve and undivided profits
338 92
Guarantee capital dividend,
unpaid ____________________
850 20
All other liabilities, unearned
premiums ________________
1,377 87

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

$37,709 39

Receipts for Fiscal Year.

Balance from last report____
Guarantee stock____________
Installment shares, dues_____
Paid-up and prepaid shares,
dues ______________________
Investment certificates_____
Interest _____________________
Premiums __________________
Fines and f e e s ______________
Loans repaid _______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________
All other receipts, unearned
premiums, e t c .___________

Total receipts__________

Total liabilities________

Disbursements for Fiscal Year.

$460 62 Overdrafts and billspayable585 0*) Loans on mortgages and
801 00
shares ____________________
Interest paid _______________
600 00 Dividends on guarantee stock
743 70 Dues
repaid,
installment
2,798 72
shares ____________________
315 00 Profits repaid, installment
20 75
shares______________
93
10,729 74 Paid-up and prepaid shares,
1,800 00
capital ____________________
Paid-up and prepaid shares,
30 00
dividends --------------------------Investment certificates, prin­
350 10
cipal ---------------------------------Investment certificates, divi­
dends _____________________
Advances, personalaccountsS alaries______________
480
Other
expenses
including
taxes _____________________
Balance, cash in office and
b a n k _______________
537
$19,234 63

$3,000 00
9,824 29
36 60
1,648 O
O
661 00
20
1,800 00
426 17
455 57
3 13
30 00
00
239 00
69

Total disbursements___ $19,234 63

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 7 per cent.
Book value, dues plus dividend.
Withdrawal value, dues plus 6 per cent for average time.




$37,709 39

R E P O R T O N B U IL D IN G

No. 79.

99

A N D L O A N A S S O C IA T IO N S .

SA N TA PAULA.

SANTA PAULA BUILDING AND LOAN ASSOCIATION.
(Incorporated April 21, 1890.)
H. H.

Y oungken,

Secretary.

D. W .

Fiscal year ended May 15, 1915.
No. of members and investors, 433.

No. o f series, 18.
Assets.

President.

No. o f shares, 6,336.

Liabilities.

Loans on mortgages, $420,700; on shares, $4,300_____$425,000
Arrearages—
On shares,____ $1,576
20
On interest___
1,219 21
25 20
On premiums__
On fines____ —
122 31
____________
2 942
Cash in b a n k _______________
5,533
Furniture and fixtures______
2,276
Advances, ledger accounts-----314
Other a sse ts________________
153

Installment shares, dues______$213,594 00
39,286 54
00 Installment shares, profits__
Investment notes, principal- 155,625 00
Advance payments__________
753 30
Overdrafts and bills payable 20,500 00
Reserve and undivided profits
6,100 00
Loans due and incomplete__
362 13
92
62
02
70
71

$436,220 97

Total assets

Total liabilities

Receipts for Fiscal Year.

Balance from last report___
Installment shares, dues___
Investment notes____________
In terest-------------------------------Premiums __________________
Fines _______________________
F e e s ________________________
Loans repaid _______________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________

Total receipts

M ott,

$436,220 97

Disbursements for Fiscal Year.

$4,718
74,732
59,550
34,991
582
326
159
94,100
16,500

00
80
00
49
45
30
60
00
00

Overdrafts and bills payable- $11,000 00
Loans on mortgages and
shares ------------------------------ 123,062 17
Interest p a i d _______________
1,248 05
Dues
repaid,
installment
shares -----------------------------53,368 20
Profits repaid, installment

shares ----

12,969 87

Investment notes, principalInvestment notes, dividends242 60 Advances, personal accounts
Salaries_____________________
T a x e s _______________________
Other expenses______________
All other disbursements____
Balance, cash in office and
b a n k ______________________

$285,903 24

61,550
9,906
269
2,945
840
2,257
951

00
75
20
80
17
67
74

5,533 62

Total disbursements___ $285,903 24

Installment Shares, W ith Age, Value, and Withdrawal Value.
Age In
months.

Serial
No.

17— A, 50p
1 8 — A, 50p
1 9 — A, 50p

20— -A,
21— C,
22— C,
23— C,
24— C,
25— C,

-

_ _

-

-

— - — _
- _
_ _
_
$ 1 .0 0 —
_
__________$1.00. - _
_____
$1.00_____
_
$1.00_ - _____________________
50p
$1.00




108
96
84
72
60
48
36
24

12

Total dues
per share.

$54
48
42
36
60
48
36
24

00
00
00
00
00
00
00
00
12 00

Book value
per share.

$79 56
66 58
55 85
45 92
73 42
56 40
40 64
26 04
12 52

Withdrawal
value.

$78
65
55
45
72
54
39
25
12

30
66
16
43
08
74
34
50
36

100

R E P O R T O N B U IL D IN G

No. 80.

A N D L O A N A S S O C IA T IO N S .

S A N T A ROSA.

SANTA ROSA BUILDING AND LOAN ASSOCIATION.
(Incorporated October 3, 1888.)
C. D. B abn ett , Secretary.

A llen B. L e m m o n , President.

Fiscal year ended October 31, 1914.
No. o f members and investors, 264.

No. o f series, 11.
Assets.

No. of shares, 2,093.

Liabilities.

Loans on definite contract,
$119,408.23;
on shares,
$1,885
$121,293
Arrearages—
On shares
$8 60
On interest _
70 83
79
Cash in bank
1,689
Advances, ledger accounts___
38
Total assets

Installment shares, dues____ $73,609 20
Installment shares, profits___
16,976 05
23 Investment certificates, principal
22,476 44
Advance payments
64 18
Overdrafts and bills payable5,000 00
43 Reserve and undivided profits
2,882 65
41 Loans due and incomplete___
2,092 35
80

$123,100 87

Total liabilities

Receipts for Fiscal Year.

$123,100 87

Disbursements for Fiscal Year.

Installment shares, dues____ $18,018 70 Overdrafts and bills payable $10,083 63
Investment certificates _ _
26,626 69 Loans on mortgages and
Interest
shares
8,745 18
44,574 65
F e e s __
47 00 Interest paid
1,701 44
Loans repaid
repaid,
installment
39,871 57 Dues
Overdrafts and bills payableshares
10,262 95
13,000 00
A dvances repaid, personal ac-

counts _

Profits

87 35

Total receipts

_ _

_ $106,396 49

repaid,

in stallm ent

shares
Investment certificates, principal
Advances, personal accountsSalaries
_ _
Taxes
Other expenses
Balance, cash in office and
bank

1,498 96
35,309
118
720
197
239

77
15
00
78
75

1,689 41

Total disbursements___ $106,396 49

Installment Shares, W ith Age, Value. and Withdrawal Value.
Serial
No.

17
18
19

20 _
21 _
22
23
24
25
26 _

Age in
months.

_

_

_
_

_.

_
_

_

__
_
_

__




__ _
_ _
_
_____

_ _
________
_ _ _ _ _ _ _
_____________________
- ..........

Total dues
per share.

Book value
per share.

120

.

$120 00

$163
142
123
104
87
70
54
39
25
12

108
96
84
72
60
48
36
24
12

108
96
84
72
60
48
36
24

00
00
00
00
00
00
00
00
12 00

01
64
22
79
23
55
71
74
65
42

Withdrawal
value.

$160 50
139 59
120 00
101 64
84 42
68 25
53 04
38 70
25 14
12 30

R E P O R T O N B U IL D IN G

No. 81.

101

A N D L O A N A S S O C IA T IO N S .

S A U S A L IT O .

SAUSALITO MUTUAL LOAN ASSOCIATION.
(Incorporated December 1, 1887.)
T h o m as P en lin gton , Secretary.

C. H. B ecker , President.

Fiscal year ended October 31, 1914.
No. of members and investors, 154.

No. o f series, 7.
Assets.

Loans on mortgages
Arrearages, on shares
Cash, in bank
Real estate owned- _
Advances, ledger accounts___
Total assets _

Liabilities.

$46,611
93
3,544
911
299

82
35
98
70
33

Installment shares, dues
$40,944 00
Installment shares, profits___
7,278 45
Advance payments
70 09
Reserve and undivided profits
3,118 59
Sundry ledger accounts ____
50 00
Total liabilities

$51,461 13

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues
Interest
Premiums
Fines
Fees
Loans repaid
Advances repaid, personal accounts
All other receipts-

Total receipts

No. of shares, 1,305.

$51,461 13

Disbursements for Fiscal Year.

$2,059
14,247
3,741
274
24
32
21,510

95
60
62
50
90

10
10

154 97
2 50

Overdrafts and bills payableLoans on mortgages and
shares
Interest paid
Dues
repaid,
installment
shares
Profits repaid, installment
shares
Advances, personal accountsSalaries
Taxes _
_ _
Other expenses
Balance, cash in office and
bank

$2,600 00

Total disbursements___

$42,048 24

42,048 24

19,000 00
61 80
13,106 50
2,637
245
540
244
67

76
16
00
28
81

3,544 93

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

21 ____________________________________
22 ____________________________________
23 ____________________________________
24 ____________________________________
25 ____________________________________
26 ____________________________________
2 7_______________________________________




Age In
months.

78
72
60
48
36
24
12

Total dues
per share.

$78
72
60
48
36
24
12

00
00
00
00
00
00
00

Book value
per share.

$100 00
91 11
73 01
56 20
40 53
26 09
12 51

Withdrawal
value.

Dues plus
profits as
per bylaws.

102

R E P O R T O N B U IL D IN G

No. 82.

A N D L O A N A S S O C IA T IO N S .

STOCKTON.

SAN JOAQUIN VALLEY BUILDING AND LOAN ASSOCIATION.
(Incorporated June 17, 1889.)
A. M. N oble, Secretary.
No. o f series, none.

S. N. Ckoss, President.

Fiscal year ended December 31, 1914.
No. of members and investors, 1,546.

Assets.

No. of shares, 14,407.

Liabilities.

Loans on mortgages
$680,576 13 Installment shares, dues------ $330,071
Arrearages, on interest
74,454
5,835 65 Installment shares, profits___
Cash in bank
32,246 01 Paid-up and prepaid shares,
Real estate owned
_ _
6,900 00
c a p ita l__
241,953
Advances, ledger accounts___
280 05 Paid-up and prepaid shares,
dividends
_
_
45,561
Reserve and undivided profits 26,347
7,449
Loans due and incomplete___
Total assets

$725,837 84

Total receipts

90
59
62

$725,837 84

44 Overdrafts and bills payable- $20,000 00
71 Loans on mortgages and
144,623 20
shares
267 72
20 Interest paid
repaid,
installment
34 Dues
95,788 50
shares
60
00 Profits repaid, installment
13,811 95
shares
80 Paid-up and prepaid shares,
38,081 97
capital
20
Paid-up and prepaid shares,
8,965 95
dividends
2,142 24
Advances, personal accounts6,120 00
Salaries
321 40
Taxes
2,553 35
Other expenses
Balance, cash in office and
32,246 01
b a n k ----------------------------------

$364,922 29

Total disbursements----- $364,922 29

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 7& per cent.
Book value, dues plus dividend.
Withdrawal value, same as book value.




08

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report____ $27,003
Installment shares, dues____ 121,288
Paid-up and prepaid shares,
dues
47,584
Interest
54,919
Loans repaid
89,205
Overdrafts and bills payable20,000
Advances, repaid, personal accounts
1,598
All other receipts, real estate
3,322

Total liabilities

65
00

R E P O R T O N B U IL D IN G

103

A N D L O A N A S S O C IA T IO N S .

No. 83.

STOCKTON.

SECURITY BUILDING-LOAN ASSOCIATION.
(Incorporated October 25, 1912.)
F. L. W il l ia m s , Secretary.
No. of series, none.

E. S. V an P elt , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 188.

Assets.

No. of shares, 250.

Liabilities.

Loans on definite contract,
Guarantee stock, capital____ $23,000 00
$63,694.32 ; on shares, $450 $64,144 32 Guarantee stock, surplus____
2,490 60
Cash in office, $394.14; in
Paid-up certificates, capital__
18,500 00
bank, $4,767.79___________
5,161 93 Investment certificates, prin­
cipal ______________________
23,390 41
Furniture and fixtures______
27 50
Advances, ledger accounts___
47 26 Loans due and incomplete___
2,000 00
Total assets

$69,381 01

Total receipts

$7,121
13,363
14,062
5,001
40
18,366
1,500

80
10
62
58
50
68
00

Overdrafts and bills payableLoans on mortgages and
shares ____________________
Interest p a id ________________
Paid-up certificates, capital__
Paid-up certificates, dividends
Investment certificates, prin­
cipal ______________________
40 58 Advances, personal accountsT a x e s _______________________
Other expenses ______________
All other disbursements____
Balance, cash in office and
b a n k ______________________

$59,496 86

Total disbursements

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




$69,381 01

Disbursements for Fiscal Year.

Receipts for Fiscal Year.

Balance from last report-;___
Paid-up certificates, dues____
Investment certificates______
Interest _____________________
F e e s ________________________
Loans repaid________________
Overdrafts and bills payableAdvances repaid, personal ac­
counts ____________________

Total liabilities

$1,500 00
38,951
14
4,063
926

58
55
10
50

8,061
69
29
677
42

18
21
43
38
00

5,161 93
$59,496 86

104

R E P O R T O N B U IL D IN G

No. 84.

A N D L O A N A S S O C IA T IO N S .

STOCKTON.

STOCKTON LAND, LOAN AND BUILDING ASSOCIATION.
(Incorporated January 3, 1887.)
C h a s . E. L ittlehale , Secretary.
No. o f series, none.

J. D. Y oung , President.

Fiscal year ended January 31, 1915.
No. of members and investors, 1,001.

Assets.

Liabilities.

Loans on mortgages, $828,620.47; on shares, $1,415.45 ____________________ $830,035
Arrearages, on interest______
3,662
Cash in office, $2,464.37; in
bank, $22,564.42 _________
25,028
Real estate owned___________
1,290
Furniture and fixtures______
600
Advances, ledger accounts___
2,316

Total assets

No. of shares, 11,631.

92
53
79
05
00
49

$862,933 78

Receipts for Fiscal Year.

Installment shares, dues____ $414,415 78
Installment shares, profits___ 158,200 99
Paid-up and prepaid shares,
capital ____________________ 234,601 00
Paid-up and prepaid shares,
dividends_________________
8,644 43
Overdrafts and bills payable5,000 00
Reserve and undivided profits 34,772 44
Loans due and incomplete___
5,967 64
1,331 50
Sundry ledger accounts_____
Total liabilities

$862,933 78

Disbursements for Fiscal Year.

Balance from last report____ $46,452 45 Overdrafts and bills payable- $65,000 00
Installment shares, dues____
97,635 23 Loans on mortgages and
Paid-up and prepaid shares,
shares ____________________ 146,154 66
dues ______________________
45,900 00 Interest p a id ________________
576 90
Interest _____________________
63,815 82 Dues
repaid,
installment
shares ____________________
Fees ________________________
156 75
67,645 21
Loans repaid________________ 107,834 05 Profits repaid, installment
Overdrafts and bills payable40,000 00
shares ____________________
30,142 24
Advances repaid, personal ac­
Paid-up and prepaid shares,
counts ____________________
5,014 92
capital ____________________
50,200 00
All other receipts, real estate,
Paid-up and prepaid shares,
etc. _______________________
3,197 42
dividends-------------------------12,175 79
Advances, personal accounts4,333 77
Salaries_____________________
3,970 00
T a x e s _______________________
750 82
Other expenses______________
2,290 43
All other disbursements, real
estate, e t c .________________
1,738 03
Balance, cash in office and
bank ______________________
25,028 79
Total receipts

$410,006 64

Total disbursements____ $410,006 64

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, $1.00 per share per month.
Dividend, last fiscal year, 7.20 per cent.
Book value, dues plus dividend.
Withdrawal value, full book value.




R E P O R T O N B U IL D IN G

105

A N D L O A N A S S O C IA T IO N S .

No. 85.

TULARE.

TULARE BUILDING AND LOAN ASSOCIATION.
(Incorporated January, 1889.)
J. L. W ilder, Secretary.

A. W . W heeler, President.

Fiscal year ended December 31, 1914.
No. of members and investors, 82.

No. o f series, 19.

Assets.

Liabilities.

Loans on mortgages_________ $40,035
Arrearages—
On sh ares______ $123 00
On interest_____
113 95
236
Cash in bank_________
1,241
Real estate owned____
705
Furniture and fixtures.
200
Total assets

00 Installment shares, dues____ $30,468 00
Installment shares, profits___
5,924 52
1,734 10
Advance payments__________
Overdrafts and bills payable4,000 00
95 Reserve and undivided profits
227 42
90 All other liabilities__________
64 81
00

00

$42,418 85

Total receipts

$42,418 85

Total liabilities

Receipts for Fiscal Year.

Balance from last report____
Installment shares, dues____
In terest-------------------------------F e e s ------------------------------------Loans repaid________________
Overdrafts and bills payableAll other receipts, real estate,
etc. ------------------------------------

No. of shares, 577.

Disbursements for Fiscal Year.

$2,414
7,485
2,850
14
600
3,000

75
00
63
60
00
00

Overdrafts and bills payable
Loans on mortgages and
shares _____________________
Interest paid _______________
Dues
repaid,
installment
shares ____________________
Profits repaid, installment
367 64
shares -----------------------------S alaries-------------------------------T a x e s _______________________
Other expenses _____________
All other disbu rsem en ts____
Balance, cash in office and
bank --------------------------------

$ 1,000 00

8,850 00
190 58
3,622 00
857
600
217
65
87

20
00
40
90
64

1,241 90

Total disbursements____ $16,732 62

$16,732 62

Installment Shares, W ith Age, Value, and Withdrawal Value.
Serial
No.

14 _
15
17
18

Age in
months.

_ _

_ _

20
22
24
26
28
30 _




Total dues
per share.

Book value
per share.

120
108
96
84
72
60
48
36
24

$120 00

$160 38
140 70
121 81
103 64
86 05
69 59
53 92
39 32
25 44
12 39

12

108
96
84
72
60
48
36
24

00
00
00
O
O
00
00
00
00
12 00

Withdrawal
value.

$150
132
115
98
82
64
50
37
24

28
52
35
73
54
79
96
66
72
12 20

106

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 86.

UPLAND.

MAGNOLIA MUTUAL BUILDING AND LOAN ASSOCIATION.
(Incorporated September 24, 1901.)
M. F. P almer , Secretary.
No. o f series, none.

Ch a s . R uedy, President

Fiscal year ended September 30, 1914.
No. of members and investors, 243.

Assets.

No. of shares, 5,210.

Liabilities.

Loans on mortgages
$254,700 00 Installment shares, dues
$76,672 54
Arrearages, on interest
2,490 40 Installment shares, profits:_
16,700 02
Cash in bank
5,653 23 Paid-up and prepaid shares,
Advances, ledger accounts___
209 22
capital
155,200 00
Paid-up and prepaid shares,
dividends
8,037 91
170 36
Advance payments
Overdrafts and bills payable3,000 00
Reserve and undivided profits
3,228 27
All other liabilities, interest
43 75
accrued
Total assets

$263,052 85

Receipts for Fiscal Year.

Balance from last report____ $15,676 80
Installment shares, dues____
42,522 27
Paid-up and prepaid shares,
dues
77,800 00
Interest
18,130 76
369 40
Fines
Fees
88 90
Loans repaid
35,100 00
Overdrafts and bills payable7,000 00
Advances repaid, personal accounts
371 43
All other receipts
3 18

Total receipts

_ _

$197,062 74

Total liabilities

Disbursements for Fiscal Year.

Overdrafts and bills payableLoans on mortgages and
shares
Interest paid




$8,000 00
27,900 00
175 67

Dues
repaid,
installment
shares
34,257 35
Profits repaid, installment
shares
2,870 59
Paid-up and prepaid shares,
104,400 00
capital
Paid-up and prepaid shares,
11,384 85
dividends
494 90
Advances, personal accounts1,450 00
Salaries
225 25
Taxes
241 95
Other expenses
8 95
All other disbursements-----Balance, cash in office and
5,653 23
bank
Total disbursements_

Installment Shares, W ith Age, Value, and Withdrawal Value.

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

$263,052 85

$197,062 74

R E P O R T O N B U IL D IN G

107

A N D L O A N A S S O C IA T IO N S .

No. 87.

VA LLEJO .

VALLEJO BUILDING AND LOAN ASSOCIATION.
(Incorporated October 26, 1911.)
W ade H. M adren , Secretary.
No. of series, none.

C h a s . E. P erry , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 21.

Assets.

Loans on definite contract___
Cash in bank
Advances, ledger accounts___

Total assets _

Liabilities.

$1,676 46 Guarantee stock, capital____
659 14 Investment certificates, prin­
195 80
cipal
Investment certificates, divi­
dends
Overdrafts and bills payableReserve and undivided profits

$2,322 50

$2,531 40

$2,531 40

Receipts for Fiscal Year.

Balance from last report____
Guarantee stock
_
Investment certificates
Interest
Loans repaid
__

Total receipts

No. of shares, 250.

Total liabilities

Total disbursements___

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




5 59
100 00
25 81

Disbursements for Fiscal Year.

$1,156 69 Loans on mortgages and
shares
5 00
2 5 0 0 Salaries
_
177 00 All other disbursements____
443 00 Balance, cash in office and
bank
_
$1,806 69

77 50

$1,000 00
120 00
27 55
659 14
$1,806 69

108

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

No. 88.

V IS A L IA .

VISALIA BUILDING AND LOAN ASSOCIATION.
(Incorporated January 5, 1887.)
C . L. J o h n s o n , Secretary.

No. o f series, none.

G. J. G i d d in g s , President.

Fiscal year ended January 31, 1915.
No. of members and investors, 334.

Assets.

No. of shares, 6,678.

Liabilities.

Loans on mortgages__________ $316,025 00 Installment shares, dues_____ $141,191
Arrearages, on interest______
484 77 Installment shares, profits___
60,629
Cash in b a n k ________________
17,572 20 Paid-up and prepaid shares,
Advances, ledger accounts____
117 66
capital -----------------------------97,700
Paid-up and prepaid shares,
dividends ________________
2,763
Overdrafts and bills payable17,100
Reserve and undivided profits
8,282
Loans due and incomplete___
6,050
All other liabilities, interest
on building policies________
481
Total a ssets------------------$334,199 63

Receipts for Fiscal Year.

Total liabilities

47
51
00
90
00
64
64
47

$334,199 63

Disbursements for Fiscal Year.

Balance from last report____ $18,967 83 Loans on mortgages and
Installment shares, dues____
35,164 38
shares ____________________ $64,493 36
Paid-up and prepaid shares,
Interest p a i d _______________
960 00
repaid,
installment
dues ______________________
15,700 00 Dues
In terest-------------------------------24,765 94
26,239 80
shares ____________________
Fines _______________________
1 50 Profits repaid, installment
shares -----------------------------F e e s _________________________
208 75
8,129 08
50,850 00 Paid-up and prepaid shares,
Loans repaid________________
Overdrafts and bills payable1,100 00
capital ____________________
21,100 00
Advances repaid, personal ac­
Paid-up and prepaid shares,
counts ____________________
109 71
dividends_________________
6,030 54
Advances, personal accounts196 81
S a la ries_____________________
1,800 00
T a x e s _______________________
235 56
Other expenses______________
110 76
Balance, cash in office and
b a n k ______________________
17,572 20
Total receipts__________ $146,868 11

Total disbursements____ $146,868 11

Installment Shares, W ith Age, Value, and Withdrawal Value.

Dayton plan.
Dues, 50 cents per share per month.
Dividend, last fiscal year, 8.4 per cent.
Book value, dues plus dividend.
Withdrawal value, full book value.




R E P O R T O N B U IL D IN G

No. 89.

A N D L O A N A S S O C IA T IO N S .

109

W OODLAND.

NORTHERN CALIFORNIA BUILDING AND LOAN ASSOCIATION.
(Incorporated October 2, 1911.)
A. A. C olbuen , Secretary.
No. o f series, none.

H abby L. H u st o n , President.

Fiscal year ended December 31, 1914.
No. of members and investors, 34.

Assets.

No. of shares, 250.

Liabilities.

Loans on definite contract___ $30,147 08 Guarantee stock, capital____ $10,638 30
Cash in bank
791 40 Paid-up and prepaid certifiFurniture and fixtures............
630 75
cates, capital___
8,175 00
Advances, ledger accounts__
14 82 Paid-up and prepaid certifiOther assets
12 80
cates, dividends
___
76 39
Investment certificates, prin­
cipal
3,016 00
Investment certificates, divi132 89
d e n d s__
____ __
Overdrafts and bills payable8,030 50
Reserve and undivided profits
1,392 77
All other liabilities, withdrawal fees
-----135 00
Total assets

$31,596 85

Receipts for Fiscal Year.

Balance from last report____
Guarantee stock _
Paid-up and prepaid certificates, dues _
_____
Investment certificates
Interest _ _
Fees
_____
_ _ _
Loans repaid
_
___
All other receipts

Total receipts _

_____

Total liabilities

Disbursements for Fiscal Year.

$945 59 Loans on mortgages and
shares _
428 30
Interest paid
1,700 00 Paid-up and prepaid certificates, capital
1,717 00
3,099 11 Paid-up and prepaid certificates, dividends__
104 17
5,240 51 Investment certificates, prin191 23
cipal
Investment certificates, dividends
Salaries _
-------------Taxes
_
_ — ----Other expenses _
_ _ _
All other disbursements____
Balance, cash in office and
bank
----- _ - - $13,425 91

Total disbursements____

Installment Shares, W ith Age, Value, and Withdrawal Value.

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




$31,596 85

$7,700 00
481 80
1,550 00
480 18
1,134 00
130
513
14
312
317

67
35
82
44
25

791 40
$13,425 91

110

R E P O R T O N B U IL D IN G

A N D L O A N A S S O C IA T IO N S .

FOREIGN ASSOCIATIONS.
No. 1.

S A L T L A K E C IT Y , U T A H .

WESTERN LOAN AND BUILDING COMPANY.
(Incorporated April — , 1892.)
D r. John T. W hite , Secretary.

P. W . M adsen , President.

Fiscal year ended December 31, 1914.
No. o f series, 133.

No. of shares, 112,943.
Liabilities.

Assets.

Loans on definite contract,
$1,579,138.49; on shares,
$58,481.06 _______________ $1,637,619
Cash in office, $11,134.33;
in bank, $77,447.48_______
88,581
Real estate owned, home
45,000
office building-----------------Advances, ledger accounts__
13,166
Other a ssets______________ .
3,750

Total assets

55
81
00
54
43

$1,788,118 33

Guarantee stock, capital___$150,000
General fund, capital______
75,000
General fund, surplus_____
22,970
Installment shares, dues___ 1,222,314
Paid-up and prepaid shares,
capital—-“D ” ___________
17,800
Paid-up and prepaid shares,
dividends________________
394
“ S” stock___________________
149,195
Advance payments-------------44,368
Overdrafts and bills pay­
able, special_____________
20,000
Undivided profits---------------83,639
Sundry ledger accounts____
2,437

00
00
09
06
00
00
96
11
00
05
06

Total liabilities_______$1,788,118 33

California Business.

Shares of stock in force__.
Dues, installment shares.
Profits apportioned ______
Mortgage loans in force...
Share loans in force---------

_____________
____________
____________
$124,757 60
2,245 00

$19,670 00
27,552 05
5,469 95

Total __________________________________________________________
Face value of California loans on deposit with Treasurer of
California _________________________________________________________

127,002 60




110,350 00