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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 WTo o d ___ 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. |Associ! ations Address 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. Location Name 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 OO 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 ----------------------------- 83730Loans 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 OO 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 OO OO OO 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 Of) 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 OO 00 Loan fund dues per share. $67 63 60 56 $72 60 48 36 24 12 40 80 20 60 OO 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 OO 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 OO 00 00 00 00 00 00 00 OO 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. CL H . G i l b e r t , President. 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 OO 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 OO 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 OO 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. 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 $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 OO OO 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 OO 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. Serial No. 16 1718 19 20 21 ____ 24 28 32 36 - _ _ Age in months. Total dues per share. Book value per share. 120 $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. OO 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 OO 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 OO 00 00 00 00 00 00 00 00 12 OO 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. 20 21 22 23 24 25 26 27 28 29 ____ 6— 19098 Age in months. Total dues per share. Book value per share. 120 $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 OO 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 payableOO Loans on mortgages and 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 OO 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 - 12 13 _ 14 15 16 17 18 19 - 20 _ Age in months. 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 OO 00 00 12 00 65 74 50 60 71 81 86 S6 70 43 Withdrawal value. $165 00 142 00 121 OO 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 OO 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 Installment shares, dues____ $105,168 OO 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- Total receipts $6,000 00 32,919 50 832 46 32,648 OO 10,027 69 12,363 89 166 08 Salaries__________________ 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 OO 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 OO 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. Serial No. 35 39 43 47 51 55 59 63 67 _ 71 _ _ _ _ — Age in months. Total dues per share. Book value per share. 120 $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 OO 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 OO 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 3T4 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 OO 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 OO 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 _ _ _ _ 20 22 24 26 28 30 _ Age in months. 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 OO 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